State Senator Kathy Sheran applauded Governor Mark Dayton’s $1 billion bonding proposal that would create 28,000 jobs and provide funds for much-needed asset preservation, infrastructure improvements and sex offender treatment programs in the District 23 area.
Sen. Sheran added that she will also co-author legislation as she has done in the past to provide rehabilitation and capital improvement money for the Minnesota Valley Regional Rail Authority. The track would run from Norwood-Young America to Hanley Falls and provide rail improvements and enhance economic development to cities along the line.
“The Governor suggested $531 million in bonding projects and is asking legislators to design an additional $469 million for needed projects in the state,” Sen. Sheran said. “The bill would create 28,000 private-sector jobs, add $3.4 billion to Minnesota’s gross domestic product (GDP) and $1.1 billion to personal income. It’s time for us to take this positive step for our local communities and state.”
In his proposal, the Governor outlined $7 million for 55 additional beds and building renovation to the Shantz Building at the St. Peter Regional Treatment Center, and additional funds for asset preservation. The Mankato Civic Center and All Seasons Arena is funded at $12 million. The proposal also includes asset preservation funds for roof replacement at Minnesota State University-Mankato and asset preservation initiatives at South Central College in North Mankato. Greater Minnesota Transit Assistance for the Mankato area and asset preservation dollars for Minneopa State Park is also included in the proposal.
“While the Governor’s proposal is good for our area, it’s also good for the state of Minnesota. It focuses on some real needs, including asset preservation at our colleges which will save on operating expenses in the future,” Sen. Sheran said. “The proposal focuses on immediate job creation with ‘shovel ready’ and ‘paint and repair’ projects in essential infrastructure, community asset and education areas. This is the first real proposal to get our economy moving again.”
Legislators now have the opportunity to provide additional ideas and work together across the political aisle to put together a total bonding package.
“I intend to work with my GOP colleagues to get a solid bonding proposal that puts Minnesotans back to work,” Sen. Sheran said.