Sen. Dibble, Rep. Hornstein praise support of Southwest Corridor Light Rail Transit Line
Minneapolis legislators Senator Scott Dibble and Representative Frank Hornstein, both leading Democrats on the Senate and House Transportation Committees, praised today’s announcement from Governor Mark Dayton that the Southwest Corridor Light Rail Transit Line will receive $2 million in state bonding dollars for project implementation. The project was one of 90 applicants to the state’s Capital Projects Grant Program, which was established in the legislature’s 2012 Bonding Bill.
“This corridor presents one of the biggest economic development opportunities in the state,” Sen. Dibble said. “It will connect one of the fastest-growing business and mixed-use hubs in the state; support thousands of new jobs; promote more efficient use of land and existing infrastructure; assist in achieving a cleaner, healthier environment; bolster our property tax base; and put us one step closer to completing a first-class transit system in the metropolitan area. Many people from different political parties and backgrounds have worked tirelessly to secure support for this project. We couldn’t be happier that Gov. Dayton and his commissioners have recognized the importance of this investment.”
Proponents have stressed financial support for the SWLRT is critical this year, in order for the project to move forward and leverage needed federal funds. Every dollar of state money invested in the SWLRT project will leverage an additional $9 in federal and local funding. In addition, construction of the SWLRT will create 3,825 jobs, representing more than $300 million in payroll – a critical need during tough economic times.
“Minnesota’s economy is just beginning to show signs of improvement, and I am confident that the SWLRT can be a critical piece of that recovery,” Rep. Hornstein added. “The jobs created from the project’s construction alone will provide a multi-million-dollar boost to total payroll, and the long-term economic prospects that this transit line will support are far greater. This project is a big component of keeping Minnesota’s business climate one of the most desirable and competitive in the country and internationally, and we’re extremely pleased that today’s announcement will help get the project off the ground.”