Bonding Bill Archives - KVRR Local News

Funding For Moorhead Flood Protection, Dilworth Fire Station In Walz Budget

January 26, 2023

KVRR Staff,

ST. PAUL, Minn. (KFGO) – Gov. Tim Walz has proposed a $3.3 billion bonding bill that would include millions of dollars for projects in Moorhead and Dilworth. As part of the bonding bill, the City of Moorhead would receive over $24 million for flood protection. Minnesota State University Moorhead would get $23 million for renovations and an addition to Weld…

Minnesota’s 2022 Legislative Session Starts With Massive Surplus

January 31, 2022

TJ Nelson,

ST. PAUL, Minn. (KVRR) — Minnesota’s 2022 Legislative Session is underway with lawmakers looking at a $7.7 billion budget surplus. Republicans want to pass permanent tax cuts to give money back to Minnesota families. Democratic Gov. Tim Walz has proposed sending checks of $175 or $350 to more than 2 million Minnesota families. The governor also proposed a record $2.7…

Minnesota Lawmakers To Start Debating $7.7 Billion Surplus

January 22, 2022

TJ Nelson,

ST. PAUL, Minn. (KVRR/AP) — The Minnesota Legislature will convene on January 31 and confront a good problem: a $7.7 billion surplus. It’s bound to set up clashes in this election year over whether to spend the money on unmet needs or give it back to taxpayers. The main job for lawmakers in even-numbered years traditionally is a public works…

Minnesota lawmakers face $7.7B surplus in 2022 session

January 19, 2022

Jim Monk,

ST. PAUL, Minn. – The Minnesota Legislature will decide how to handle a $7.7 billion surplus when it convenes Monday, Jan. 31. The main job for lawmakers in even-numbered years traditionally is a public works borrowing package known as a bonding bill. Democratic Gov. Tim Walz has proposed a record $2.7 billion package, which will likely be challenged by Republicans….

Burgum signs $680 million infrastructure bonding bill

April 21, 2021

Jim Monk,

BISMARCK , N.D. (KVRR) – Gov. Doug Burgum has signed a $680 million bonding package for infrastructure upgrades including flood control, roads, bridges and water projects. Burgum says the package will be funded with Legacy Fund earnings and without raising taxes. “With historic low interest rates, investing in infrastructure now is the financially conservative thing to do” Burgum said. “We…

FM Diversion Project Awarded $67 million to raise portion of I-29

Federal, State, and local leaders revealed a major $67-million dollar bid to move forward with the I-29 road raise

April 9, 2021

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FARGO, N.D. (KVRR) — The F-M Diversion Project is getting the green light to start work on Interstate 29. “Moorhead and Fargo and in Minnesota and North Dakota, our river doesn’t divide us, it unites us,” Minnesota Sen. Amy Klobuchar said. Federal, state, and local leaders revealed a major $67 million bid to move forward with the I-29 road raise….

The Chamber discusses F-M Diversion project

This is the biggest project that's in the bonding bill."

February 2, 2021

George Gonzales,

FARGO, N.D. (KVRR) – The Chamber holds an Eggs and Issues discussion with members of the legislation to talk about a $435.5 million bonding bill on the Fargo-Moorhead Diversion Project. At just under $800 million, House bill 1431 is proposing a series of projects in the Fargo-Moorhead area. One project in the bill will take a little over half of…

GOP bonding proposal provides $435 million for FM Diversion

February 1, 2021

Jim Monk,

FM Diversion BISMARCK, N.D. (KVRR/KCND) – The FM Diversion Project would receive $435.5 million from a Republican-sponsored bonding bill in the North Dakota legislature. “I know it’ll take a few years to get that done, but if we get that off the table, then we can start looking bigger” House Majority Leader Chet Pollert said. The $800 million bill also…

North Dakota GOP to scrub $1.1B bonding proposal

January 18, 2021

Jim Monk,

BISMARCK, N.D. – Republican legislative leaders say a massive $1.1 billion bonding package that would finance infrastructure projects across North Dakota is being withdrawn and will be replaced by a far less costly proposal. Senate Majority Leader Rich Wardner says a new proposal that would be at least $300 million less will be coming from the House. Wardner and House…

Mathern introduces $2 billion bonding bill

January 4, 2021

Jim Monk,

BISMARCK (KVRR/KCND) – Fargo Democratic Sen. Tim Mathern has introduced a $2 billion bonding bill. Mathern says the bill fully funds the “Prairie Dog” infrastructure program, provides money for roads, bridges, low income housing and a low interest loan program for schools and colleges. Mathern says the bill takes advantage of the relatively low prices for bonds right now and…