Senate unveils $496 million bonding bill

The Senate bill unveiled Wednesday comes in midway between Gov. Dayton's $775 million request and the House's own offer of $280 million. What it includes: Higher ed, construction, roads and bridges. What it doesn't: A new ballpark for the Saints, Minneapolis' Nicollet Mall renovation, Southwest light rail and more.
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The Senate bill unveiled Wednesday comes in midway between Gov. Dayton's $775 million request and the House's own offer of $280 million. What it includes: Higher ed, construction, roads and bridges. What it doesn't: A new ballpark for the Saints, Minneapolis' Nicollet Mall renovation, Southwest light rail and more.

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$496 million bonding bill closer to vote

The House bill is undergoing some last-minute tweaking after it stalled Thursday night. The GOP borrowing proposal doesn't fund several projects Gov. Mark Dayton and DFLers wanted, including civic center renovations, St. Paul Saints Stadium or the Southwest light-rail line. MinnPost reports the Senate is expected to take up the measure after the House.

Dayton signs $496M bonding bill

Gov. Mark Dayton signed a $496 million bonding bill Friday that will result in thousands of construction jobs in Minnesota and includes a long list of public works projects, the DFL governor said. Projects include college campus buildings, flood mitigation, roads and bridges and a $44 million start on the renovation of the State Capitol building.

Dayton unveils his bonding plan

The governor wants to borrow $775 million for a public works program that he says would put more than 20,000 Minnesotans back to work. The money would come from the sale of bonds that the state would pay back, with interest, over 20 years. The pool of money includes $27 million for a new stadium in downtown St. Paul.

Senators pass $566 million bonding bill

The borrowing plan, approved by a 45-22 vote Monday night, would use $496 million for public works projects, higher education and state Capitol renovations. It also calls to spend an additional $50 million on unnamed Department of Employment and Economic Development projects. House lawmakers approved a similar measure early Monday afternoon. They can either accept the Senate version or the differences will be negotiated in a conference committee.