Gov. Mark Dayton renews his pitches for education, transportation, and bonding in his fifth State of the State address.Read More »
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The governor said the timing is right for another borrowing bill, given the state’s surplus and low interest rates, although he conceded that he faced an uphill battle over bonding with Republican leadership in the House of Representatives.Read More »
The 1970s-era visitor center at the Oliver Kelly Farm will soon be replaced as the Minnesota Historical Society gets ready to launch a $10.5 million project that will include a new visitor center and other upgrades.Read More »
The current budget assumes $225 million in bonding this year and the state doesn’t have the resources for additional debt service unless the next budget forecast — scheduled to come out mid-March — calls for another surplus.Read More »
Odd-year bonding bills tend to be in the $200 million range, although recent odd-year bills were as large as $500 million in 2011, and as low as $156 million in 2013.
Tagged with: Associated General Contractors of Minnesota bonding Construction House Capital Investment Committee Management and Budget Office Minnesota State Colleges and Universities MNSCU University of MinnesotaRead More »
The U of M’s 2015 capital request, approved in October by the Board of Regents, includes $55 million for asset preservation, $18 million for new veterinary laboratories, and $4 million for a greenhouse to protect the U of M’s rare-plant collection.Read More »
The upcoming legislative session is not supposed to be a bonding year at the state Legislature, but communities across the Twin Cities will seek state support for regional transit, road and rail projects.
Tagged with: bonding Bottineau LRT Burlington Northern Santa Fe bus rapid transit Canadian Pacific Counties Transit Improvement Board Gateway Corridor House Capital Investment Committee New Starts Red Rock BRT Union PacificRead More »
The principal designer for Rochester's Destination Medical Center proposes five districts for development, each with inspirations from landmarks in places like New York, Barcelona and Berlin.
Tagged with: bonding Destination Medical Center DMC EE&K Gonda Building Mayo Clinic Minnesota Biobusiness Center Peter Cavaluzzi Rochester Translational Cloud University of Minnesota’s School of ArchitectureRead More »