Bonding bill en route to Dayton
Published 8:48 am Wednesday, May 9, 2012
A $496 million bonding bill is on its way to the governor’s desk, with $13.5 million included for The Hormel Institute’s planned expansion.
The House and Senate each passed versions of the bonding bill Monday. The House then approved the Senate’s version 97-33 yesterday. Gov. Mark Dayton is expected to sign the bill.
The Hormel Institute’s expansion project would double its size and add about 125 jobs.
“I’m very pleased that it passed with total funding for The Hormel Institute,” said Rep. Jeanne Poppe, DFL-Austin, after the bill originally passed the House.
Apart from The Hormel Institute’s expansion, the capital investment bill, more commonly called the bonding bill, included a lot of money for roads and bridges and targets a wide range of other projects across the state.
Other aspects of the bill included money for the University of Minnesota, Minnesota State Colleges and Universities, the Capitol building repair in St. Paul and $30 million for flood mitigation.