Gov. Walz unveils bonding package
(St. Paul, MN) -- Minnesota Governor Tim Walz is backing a half-billion-dollar bonding package that he says would create jobs and keep the state’s infrastructure from falling into disrepair.
The governor says the bill would keep Minnesota from falling behind. He spoke Monday at the University of Minnesota. It’s basically a borrowing plan, paid for by 490-million dollars in bonds and taking 28-million from the general fund. The Legislature just approved a one-point-nine-billion dollar financing bill in October.
The governor is proposing 150-million for redevelopment in the Twin Cities after last summer’s civil unrest that caused hundreds of millions of dollars in damages.