MN Governor Proposes Borrowing $1.4B to Pay for Public Construction Projects

Governor Dayton's administration says the fully enacted bonding proposal would create 39,000 jobs for the state, mostly in construction

Minnesota's Governor Mark Dayton has proposed the state borrow $1.4 billion to pay for more than 100 state public projects. The bonding request includes $343 million for construction at public college campuses, $32 million to renovate the 10th Avenue Bridge, $42 million to replace the Kellogg Boulevard Bridge and $70 million to renovate and add on to the Minnesota Security Hospital.

The Governor's team noted 35% of the projects would be in the Twin Cities, 35% spread throughout the rest of the state and 30% are statewide projects.

Governor Dayton's administration says the fully enacted bonding proposal would create 39,000 jobs for the state, mostly in construction.

(more on the Minnesota governor's bonding proposal...)

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