News Release
HOUSE CAPITAL INVESTMENT COMMITTEE TOURS SOUTHEAST MINNESOTA
Projects in Wabasha, Red Wing, and Cannon Falls among those being considered
RED WING, MN — On Wednesday, November 10 the House Capital Investment Committee continued their tour of Southeast Minnesota. Rep. Barb Haley, R-Red Wing, joined the Capital Investment Committee members to hear the presentations for communities in her district, including projects in Red Wing, Wabasha, and Cannon Falls.
"I appreciate the city and community leaders who put time into these presentations today and also want to thank the members of the Capital Investment Committee for their tireless work to visit so many communities all across the state," said Rep. Haley. "These projects will continue to be vetted during the upcoming legislative session and these communities will continue to have a chance to make their case. These important core-infrastructure projects are exactly the type of projects bonding is supposed to be used to fund."
Wabasha's request for the Wabasha Resiliency Project (Highway 60 Re-route) of $4.3 million envisions significant transportation and safety improvements, housing and commercial development, reconstruction of recreational facilities, as well as natural resource management on a currently underutilized City-owned parcel of land.
Wabasha has also requested $1.2 million in bonding funds for construction of a Port Authority Barge Terminal tp provide for off-loading of dredged material from the river channel. Partners for this project include the Wabasha Port Authority, the US Army Corps of Engineering, and Kohner Materials.
The legislature will typically receive up to $6 billion in bonding requests for what is normally around a $800 million bonding package.
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