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Walz's $518M Bonding Bill Includes Money to Rebuild Cities

Walz’s $518M Bonding Bill Includes Money to Rebuild Cities
By Steve Karnowski | February 26, 2021
MINNEAPOLIS (AP) Gov. Tim Walz proposed a $518 million capital investment package Monday that includes $150 million for rebuilding neighborhoods hit by unrest after the death of George Floyd last May and $43 million in security upgrades for the state Capitol complex, which has been ringed by fencing since last summer’s protests.
Walz visited a University of Minnesota health sciences building that the Legislature funded in 2017 to highlight how nearly half of his Local Jobs and Projects Plan, commonly known as a bonding bill, would support asset preservation projects at state agencies and higher education institutions statewide. ....

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Walz's $518M bonding bill includes money to rebuild cities | News, Sports, Jobs

Associated Press
MINNEAPOLIS Gov. Tim Walz proposed a $518 million capital investment package Monday that includes $150 million for rebuilding neighborhoods hit by unrest after the death of George Floyd last May and $43 million in security upgrades for the state Capitol complex, which has been ringed by fencing since last summer’s protests.
Walz visited a University of Minnesota health sciences building that the Legislature funded in 2017 to highlight how nearly half of his Local Jobs and Projects Plan, commonly known as a bonding bill, would support asset preservation projects at state agencies and higher education institutions statewide.
His proposal includes $490 million in borrowing plus $28 million in cash out of the state’s general fund. It’s much smaller than a $1.9 billion package, the largest in state history, that lawmakers passed in October. But the Legislature usually passes its big bonding bills in even-numbered years. The budget is the top priori ....

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Minnesota Gov. Walz announces $518 million jobs plan, including $150 million for Twin Cities rioting damage

Minnesota Gov. Walz announces $518 million jobs plan, including $150 million for Twin Cities rioting damage
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Walz announces $518M bonding bill plan

Maintaining existing assets
According to the governor s office, deferred maintenance needs for state agencies total more than $1.7 billion. Nearly half of Walz s and Flanagan s 2021 capital budget will support asset preservation projects at state agencies and higher education institutions, such as roof replacements and exterior repairs, renovation and repurposing of existing facilities to meet 21st century needs, and renewing buildings to keep Minnesotans safe and healthy.
Their recommendation also includes $43 million to make critical security upgrades to the Capitol Complex. This amount fully funds the capital recommendation in the 2021 Advisory Committee on Capitol Area Security Annual Report, according to a release. ....

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Walz unveils $518M infrastructure plan

Walz unveils $518M infrastructure plan
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