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State Representative John Ward
100 Rev. Dr. Martin Luther King Jr. Blvd.
651-296-4333
For more information contact: Sandy Connolly 651-296-8877
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LOCAL GOVERNMENTS ENCOURAGED TO APPLY FOR BONDING PROJECTS Application deadline is June 25, 2007
ST. PAUL, MN – State Representative John Ward is encouraging local governments and political subdivisions to file applications for bonding projects to be considered as part of next year's Capital Investment Bill.
According to Ward, the State Department of Finance recently posted instruction and applications for bonding projects; the Governor and State Legislature will consider these bonding requests in the 2008 session.
"This is a great opportunity for local governments to make an official request for a project they consider to be a priority," said Ward. "As the Representative from District 12A, I will make a commitment to work for the inclusion of any application in the next bonding bill."
The 2008 capital budget instructions can be found on the Department of Finance's website, on the Budget section, under Capital Budget: www.budget.state.mn.us/budget/capital/index.shtml The website summarizes the process and timelines, as well as provides the type of information local units need to include in a bonding request and the evaluation criteria.
The deadline for submissions is June 25, 2007. Local units can e-mail submissions to: mailto:CapBud08.Finance@state.mn.us.
In addition, the Department of Finance provides capital budget instructions for state agencies. These are broad on-going categories of projects that go through a state agency (i.e wastewater infrastructure, state park or trail funding, county or local historic preservation grants, higher education projects, asset preservation). Please see page 3 of the link below for a one-page summary of the timelines associated with the 2008 bonding cycle as it relates to state agencies. http://www.budget.state.mn.us/budget/capital/2008/2008_cap_budget_inst_agency_070425.pdf
"Although I can also recommend projects that have not gone through the Department of Finance review, projects that go through this process are generally viewed in a more favorable light," said Ward. "We want to do everything we can to ensure success for our requests, and this application process is an excellent first step."
Rep. Ward recommends that anyone interested in finding out more about the bonding process should consider the House Research short summary at http://www.house.leg.state.mn.us/hrd/issinfo/clssbond.htm
If you have questions about the bonding process, you can contact Rep. Ward at (651) 296- 4333, or 1-800-683-4205, by mail at 533 State Office Building, 100 Martin Luther King Blvd., St. Paul, MN 55155 or via e-mail at rep.john.ward@house.mn.
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