This legislative bill proposes allocating $650,000 for the resurfacing of local roads in the city of Tamarack, Minnesota. To fund this, the state plans to issue bonds, which are essentially loans that the government takes out and promises to repay with interest. The terms and conditions for issuing these bonds are outlined by specific sections of Minnesota law and the state constitution. The bill has been introduced and sent to the Committee on Capital Investment for further discussion and approval.