This bill, authored by Representative Schomacker, proposes the allocation of funds for public infrastructure improvements in the city of Lake Benton, Minnesota. It involves an appropriation of $863,000 from the state's bond proceeds fund to the Public Facilities Authority. These funds are designated for the design, engineering, construction, and reconstruction of water, sanitary sewer, and storm sewer systems along the U.S. Highway 75 corridor in Lake Benton. The project is planned in conjunction with the reconstruction of U.S. Highway 75.

To fund these improvements, the bill also authorizes the sale and issuance of state bonds up to the amount of $863,000. The sale of these bonds will be managed by the commissioner of management and budget and will comply with specific Minnesota statutes and constitutional provisions related to state bonding and debt.

In summary, the bill involves financial and organizational planning for crucial infrastructure developments in Lake Benton, focusing on a comprehensive upgrade of essential services along a key transportation route.