WDAY.com

WDAZ: Your Home Team

Published January 17, 2012, 02:34 PM

Dayton Touts Bonding Bill as MN Jobs Investment

ST. PAUL, Minn. (AP) — Gov. Mark Dayton says the state can help create jobs by issuing $775 milion in bonds for construction projects around the state.

By: Patrick Condon, Associated Press

ST. PAUL, Minn. (AP) — Gov. Mark Dayton says the state can help create jobs by issuing $775 milion in bonds for construction projects around the state.

Dayton released his bonding wish-list Tuesday. It includes $78 million for University of Minnesota building projects, and another $63.5 million for MNSCU campuses.

It also features money to build a Saint Paul Saints ballpark in downtown St. Paul, civic center projects in Rochester, Mankato and St. Cloud, for construction and repair of bridges, and a down payment on design and construction of a light rail line to connect downtown Minneapolis with its southwestern suburbs.

The Democratic governor's administration estimates the bill would create up to 21,700 new jobs.

House and Senate Republican leaders say bonds should be used for core infrastructure needs only, such as road construction.

Tags: