$750 Million Bonding Bill Invests in Needed Infrastructure Improvements across Minnesota
ST. PAUL, MN – Governor Mark Dayton today introduced a bonding proposal that would invest $750 million in infrastructure projects statewide, creating an estimated 21,000 Minnesota jobs. The plan – which builds on the Governor’s proposed budget measures to get Minnesotans back to work – would address many of the state’s needed infrastructure improvements and strengthen Minnesota’s economy.
“My proposals will put thousands of Minnesotans back to work throughout our state,” said Governor Dayton. “It gives priority to projects that are ready to go. Many of them have been delayed for years and are needed to revitalize downtown business centers, modernize college classrooms and laboratories, and improve infrastructure throughout our state.”
State Capitol Restoration
The Governor’s bonding proposal would invest $109 million in a major restoration of the state Capitol, making the building functional and safe for the next 100 years. For three decades, plans for repairing the aging building have been debated and neglected. But the funding provided in this bonding proposal would complete restoration of the building by the end of 2016. Restoration measures would include: