ST. PAUL, Minn. (KTTC) -- A $109 million commitment to Capitol preservation is the biggest element of Gov. Mark Dayton plan for Minnesota-financed construction projects, but it also includes money for the Mayo Civic Center here in Rochester.
The governor's wish list outlined Monday also includes substantial funding for new labs at public universities, a new building on the Minneapolis Veterans Home campus and civic center improvements in Mankato and St. Cloud, in addition to Rochester.
In all, Dayton would finance $812 million worth of projects, relying on more than $720 million in state borrowing and the rest from other sources.
The bonding bill is a rare example this year of where GOP buy-in is necessary. It takes a three-fifths vote to pass one; Democrats are short of that margin on their own.
Dayton says low interest rates make it a prime time to borrow.
House Democrats will release their proposal Tuesday.
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