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Budget / Taxes

Oct 26, 2015

Confirmed soccer stadium drawing developers to Midway area

City officials say the $250 million project already has developers looking for a piece of the area.

Oct 23, 2015

St. Paul pushes bonding for deficient bridge

St. Paul Mayor Chris Coleman is asking state legislators to approve $48 million in bonding in the 2016 session.

Oct 15, 2015

NOTICE TO READERS: Incorrect date for public hearing on tax increment financing in St. Paul

The notice of public hearing regarding the adoption of a tax increment financing plan for the Wabasha and Sixth Street Tax Increment Financing District in the Thursday, Oct. 15, 2015, edition of The St. Paul Legal Ledger — Capitol Report inadvertently appeared with an incorrect meeting date. The hearing has not occurred yet and the correct meeting date will be published at a later date. We apolo[...]

Oct 14, 2015

Commission dives into arcane world of pensions

Lawmakers wrestle with ensuring benefits for state retirees

Oct 14, 2015

Study: Rochester hockey arena may cost up to $75M

A new junior-league hockey arena in Rochester could cost as much as $75 million, and the City Council wants more information on how a public-private partnership could finesse the proposed project. Rochester City Council members on Monday reviewed a feasibility study for the United States Hockey League facility, which could piggyback onto an existing $85 million renovation of the Mayo Civic Cent[...]

Oct 14, 2015

Target Center rehab delayed

More than four years after the Minnesota Timberwolves and the city of Minneapolis first revealed ambitious renovation plans for Target Center, the project – in its latest form -- finally appears to be nearing construction. Team officials said Tuesday that the $129 million project, designed to extend the 25-year-old basketball arena’s life and improve the visitor experience, will occur in th[...]

Oct 14, 2015

Republicans add new twist to Senate building feud

Thought the dust was starting to settle on the political feud over Minnesota’s new Senate Office Building? Think again. Senate Minority Leader David Hann hinted last week that his members wouldn’t automatically lug their desks, chairs and office plants next year into the new $90 million legislative building erected over GOP objections. As it turns out, there’s nothing requiring the Senate[...]

Oct 9, 2015

Athletes Village plan advances at U of M

With a thumbs-up from the University of Minnesota Board of Regents facilities committee, the $166 million Athletes Village complex took a big step Thursday toward an expected fall construction start. The committee approved schematic designs and a budget amendment for the long-anticipated 322,000-square-foot complex, which will include modern football and basketball practice facilities and athle[...]

Oct 6, 2015

Rochester wants bonding for $10.5M airport upgrade

The Rochester City Council on Monday agreed to make a $10.5 million expansion of the city’s airport its top bonding priority.

Oct 6, 2015

Banner year for school bond referendums

Roughly $2 billion worth of school bond referendums will go before Minnesota voters in November.

Oct 2, 2015

$141.5M sought for prison expansion

Just 15 years after the Rush City Correctional Facility’s highly secure doors opened for the first time, the state prison is up for a major expansion. The Minnesota Department of Corrections wants the 2016 Legislature to approve $141.5 million in state bonding money for a 167,000-square-foot expansion project that would add 500 beds and support space to the prison at 7600 525th St., on the no[...]

Oct 2, 2015

Senators assess bonding needs up north

The Senate Capital Investment Committee is in the middle of the second leg of its four-part tour of state project ideas.

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