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Need for a Debt Service Account

Jan 29, 2008 | Minnesota

The second year of the biennial legislative session mainly focuses on capital investment in the state’s infrastructure and is referred to as the Bonding Session.  Governor Tim Pawlenty (R) unveiled his proposed Bonding Bill two weeks ago to the tune of $965 million.  In the proposal a significant portion, 40 percent was directed at transportation.  This was…

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