Senate bill SF No 842 proposes setting aside $4,021,000 in state bonds to fund the development of a gravity sewer flow system in New Ulm, Minnesota. This funding will also cover the design and construction of necessary infrastructure changes, including replacing a water main, removing a lift station, and updating affected surface amenities. The Minnesota Public Facilities Authority will manage these projects using the allocated funds. The financial support will be sourced by selling state bonds as outlined by specific statutes and constitutional provisions.