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Business and Economic
Development: Investing in
Minnesota communities and
getting people back to work
are the highest priorities in the
Senates bonding bill.
Housing and Infrastructure:
Afordable and available
housing is a cornerstone of
strong economic development
and a strong middle class.
Businesses all over the state
Te legislation takes advantage of
$846 million in General Obligation (GO) bonds and $200 million in cash. *
Bonding
Priorities
are eager to hire new workers
and yet the lack of housing
is limiting this growth. More
housing means more jobs and
a better economy for us all,
Higher Education: Investing
in higher education is always
a priority in state bonding
bills. Tis year is no diferent.
Higher education bonding
projects provide essential
learning space to meet
Minnesotas future workforce
needs by supporting the
growing demand for allied
health practitioners, engineers,
scientists, and other emerging
professions.
Corrections and Public
Safety: Te bonding bill
includes projects that fortify
and modernize our correction
systems making for a safer
environment for community
members, employees and those
incarcerated.
Transportation: Given that
three quarters of Minnesotas
publicly owned land is made
up of roads, maintaining these
thoroughfares and securing
the safety of our bridges is an
obligation of the state.
* $846 million in GO bonds,
$198.7 million cash,
$42.6 million in MNSCU user-fnanced bonds,
$7.95 million from the transportation fund.
Also authorizes MHFA to issue
$80 million in housing infrastructure bonds.
ROADS
Senator Your Name Here
The 2014 Bonding Bill: A Balanced Approach
Sxxx State Capitol | St Paul MN 55155 | 651-29x-xxxx | sen.your name@senate.mn
$448 million in Business & Economic Development*
Creating Tousands of Jobs Across the State
Supporting Minnesotas businesses by investing in projects and grant programs that will give the state economy a boost is a
signifcant investment in the bonding bill. Current programs through the states Department of Employment and Economic
Development show proven results with dozens of announced business expansion projects in just the frst quarter of this
year. We know that by investing in projects that help build up communities we are helping not just the people living there,
but the entire state as a whole. Investing in projects to build up Minnesota means we stay ahead of the competition and are
better able to attract top talent to keep our state a great place to live for future generations.
*Includes MN Historical Society, Natural Resources, MN Zoo, Capitol restoration, Amateur Sports Commission, non-transportation
related Met Council projects, & employment & economic development projects.
* *According to a study by Dr. Stephen Fuller, Faculty Chair and Director of the Center for Regional Analysis at George Mason University.
(Statistics provided by Department of Employment and Economic Development (DEED).
Who does the bonding bill help?**
An additional $1 billion of bonding
investments supports or creates:
28,500
Good
Paying Jobs
Adds
$3.4 BILLION
to the GDP
And
$1.1 billion to
personal Income
Balanced Statewide
Projects Include:
Business
Development
Public
Infrastructure
$4 million
Regional and
Suburban Parks
(6 projects)
$34 million
Civic Centers
in Mankato,
Rochester and St.
Cloud $60 million
Grand Rapids
Reif Center
$3.897 million
St. Paul Minnesota Childrens
Museum $14 million
Minnesota Zoo (three projects)
$12 million
Capitol Renovations
$126.3 million
Amateur Sports Commission
(two projects) $7.5 million
Talking Points:
Last session, we invested
more than $30 million to the
Minnesota Investment Fund
(MIF) to bring large and small
new businesses to Minnesota,
help existing businesses expand
and create thousands of new jobs.
It will leverage an estimated $990
million in private investments
for Minnesota. Tis years
bonding bill will continue this
trend of investing in Minnesotas
businesses because creating more
jobs will strengthen our long-
term stability.
Te Minnesota Job Creation Fund
provides a statewide performance
based incentive program to create
thousands of jobs and leverage
millions in private investment.
Last session, we invested $24
million in this important
program. Te cornerstone of
the 2014 bonding bill builds on
our previous business and job
creation investments.
Minnesota companies announced
plans in the frst quarter for
31 expansion projects that
will create nearly 1,800 jobs in
Minnesota, according to the
latest business expansion report
from the Minnesota Department
of Employment and Economic
Development (DEED).
We know investment in economic
development works; Minneapolis-
St. Paul ranks 12th among 363
metropolitan areas nationwide in
economic strength.
Investment in business and
economic development has
proven results: Between 2002
and 2006, Minnesota registered
2,333 patents in medical devices,
ranking second among all states.
$240 million in
Higher Education
$121 in Corrections, Public Safety & Human Services
Protecting our Citizens
Ensuring that Minnesota citizens enjoy a safe and productive standard of living is a
major priority in the senates bonding bill. Tis includes the roughly 4,800 employees
working in Minnesotas correction facilities. Te bonding bill includes projects that
fortify and modernize our correction systems making for a safer environment for
community members, employees and those incarcerated.
Balanced Statewide Projects Include:
Minnesota Security Hospital in St. Peter $56.3 million and the Sex Ofender
Program (MSOP) an Additional $7.4 million
Security Improvements at Shakopee and St. Cloud Correctional
Facilities $23.3 million
Corrections and Human Services Facilities Preservation $8.5 million
Talking Points:
Improvements at Minnesota Correctional Facilities enhance safety and security for
the community and inmates, as well as rectifes more than ten years of budget cuts
and delayed maintenance.
Money going towards the Minnesota Security Hospital and the Minnesota Sex
Ofender Program will help make sure patients will be able to receive the treatment
they need in environment that is safe for them as well as the staf.
$167 million in Housing & Infrastructure
Strengthening our Communities
Afordable and available housing is a cornerstone of strong economic development;
it also goes hand-in-hand with the Public Facilities Authority. Our investment of
$67 million into waste water facilities, sewers and water mains ensures these invisible
engines will continue helping cities operate on a day-to-day basis. A $100 million
appropriation to Minnesotas Housing Finance Agency will help reduce chronic
homelessness, it will help communities recover from foreclosure and it can preserve
federally assisted Section 8 housing units throughout the state.
Balanced Statewide Projects Include:
Minnesota Housing Finance Agency $100 million
Wastewater Infrastructure fund $20 million
Voyageurs Cleanwater Project $8.567 million
Talking Points:
Cities and towns across Minnesota are facing housing shortages that is slowing
economic growth. Tere is a gap between afordable housing for these workers
and the housing stock available; housing bonds can help kickstart economic
development and help these communities grow.
Currently, workers in areas with low housing stock face out-of-reach expenses, long
commutes and a small inventory of options that will suit the needs of their families.
By increasing the number of afordable housing options, companies in cities
across the state will have the opportunity to prosper leading to greater economic
development, more jobs and more money fowing into the states economy.
Te states foreclosure crisis has forced many Minnesotans into homelessness, the
number of homeless Minnesotans has increased more than 30% since 2006 to more
than 14,000. Housing bonds will help communities across the state increase their
housing stock and help build afordable housing.
Investments in college and
university infrastructure
are critical to providing
students the learning
environments and
equipment necessary
to prepare them for the
careers that will keep
Minnesota prosperous.
Balanced Statewide
Projects Include:
Metro State University
Science Education
Center $35.8 million
Bemidji State
University $13.7
million
Northland College
Aviation Maintenance
$5.8 million
University of Mankato
$25.8 million
U of M Twin Cities;
Tate Science and
Teaching $56.7 million
Talking Points:
100% of MnSCUs
bonding request is for
projects that directly
beneft students and
the quality of their
education.
Te funding will
create jobs in local
communities for
carpenters, electrical
workers, equipment
operators, technicians
involved with heating,
ventilation and
air conditioning,
mechanical systems
and plumbing, roofers
and interior fnishers.
Te U of M is
connected to one out
of every 43 jobs in
Minnesota.
$128 million in Transportation & Transit Funding
Safer Roads and Bridges
Given that three quarters of Minnesotas publicly owned land is made up of roads, maintaining these thoroughfares and
securing the safety of our bridges is a top priority in the bonding bill. Funding transportation projects is an example of
how bonding afects all corners of the state. Using a combination of general fund money and general obligation bonds the
Minnesota Bonding Bill makes a $128 million investment into roads and bridges across the state.
Balanced Statewide Projects Include:
Virginia U.S. Hwy. 53 relocation $19.5 million
Ramsey County TCAAP Redevelopment
$22 million
Red Wing Rivertown Renaissance $1.5 million
Greater Minnesota Transit $1.5 million
Range Regional Airport $5 million
Talking Points:
Minnesota has the ffh-largest highway system in the
nation with 140,000 miles of roads. More than half
of those miles and 35% of the states bridges are more
than 50 years old.
Minnesotans expect and deserve the highest quality
infrastructure. Tis bonding bill is investing millions
of dollars in modernizing and maintaining our critical
infrastructure, while increasing economic opportunity
and providing more equitable options for its citizens.
Te investments in critical economic corridors will
support Minnesotas growing economy, providing our
businesses with the ability to move their goods and
services easily and efciently.
A high-quality transportation network also attracts
new businesses and expanding companies. In todays
economy, roads, bridges and physical infrastructure
play a bigger role than ever for our businesses.
As Minnesota grows, we need to invest in long-
term projects that will provide our state with the
transportation network that gets Minnesotans to their
jobs and access to resources.
By investing in Bus Rapid Transit and Light Rail, we
are meeting the demand of a growing Minnesota and
expanding transportation options for hundreds of
thousands of people.
Project
Distribution
Te legislature made equity
and equal distribution of
funded projects a priority
in its bonding bill. Not only
did the committee travel
to all corners of the state
from Winona to Tief River
Falls, they visited many
suburban bonding projects
in addition to Minneapolis
and St. Paul projects.
Te Capital Investment
Committee is also
comprised of members
from all over the state.
Teir difering values help
make the bonding bill
equitable and fair for all
Minnesotans.
2014 Bonding Bill is Equitable, Fair and Balanced
Unlike other pieces of legislation, the bonding bill requires a
3/5 majority vote. Tis makes bonding bills one of the most bipartisan
pieces of legislation lawmakers consider every biennium.
Tis years bonding bill makes needed investments in housing
infrastructure, transportation, business and economic development,
higher education and public safety.
1998 2000 2002 2004 2006 2008 2010 2012 2014
$1.6
$1.4
$1.2
$1.0
$.8
$.6
$.4
$.2
0
Adjusted for infation, numbers are in billions
N
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Te average bonding bill
over the past ten years is $1.1 billion
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