Senator Kari Dziedzic responds to Gov. Walz Higher Education Bonding Recommendations
St. Paul, Minn.—State Senator Kari Dziedzic (DFL-Minneapolis) released the following statement in response to Gov. Walz’s bonding recommendations for higher education.
“Gov. Tim Walz released his bonding recommendations today for higher education. I am pleased it included $125 million for the University of Minnesota to improve, upgrade, and replace buildings on our campuses,” Sen. Dziedzic said. “The University of Minnesota is an economic engine for our state, so this funding helps students and our state economy.”
“I am particularly pleased the governor is recommending replacing the Child Development Building and building a new lab space for undergraduate chemistry on the Twin Cities campus. Asset preservation is necessary to keep our facilities safe and modern. Modernizing the facilities will better equip the workforce of tomorrow. Investing in our current assets now will avoid higher borrowing costs in the future.”
“The governor is recommending investing $447 million in General Obligation Bonds
for public college and university campuses across the state,” Sen. Dziedzic said. “I appreciate his commitment to education – this will unlock opportunities for Minnesota students.”