Gov. Mark Dayton announced a bonding proposal that would invest $986 million in infrastructure projects throughout Minnesota. The governor wants to apply 7 percent, or about $69 million, for transportation and transit.
Dayton said the bonding bill would create more than 27,000 jobs to help address many of the state’s critical infrastructure needs.
“This bill gives priority to projects that are ready to go,” Dayton said in prepared remarks. “Many of them have been delayed for years and are crucial to revitalizing downtown business centers ... and improving parks, roads and local infrastructure.”
The governor’s proposal would allot more than one-third of funding for projects in the seven-county Twin Cities metropolitan area. Another one-third of funds would stay in Greater Minnesota while the rest would be used for statewide programs.
About $30 million would be used to fund bridge repair and replacements around the state. Another $29 million would be applied to roads and bridges at the Twin Cities Army Ammunition Plant in Arden Hills. About $10 million would be used to improve local roads.
The Minnesota Legislature will discuss the bonding bill when the regular session convenes Feb. 25.
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