City leaders react to new bonding bills

In response to the proposed Minnesota Senate bonding bill released today, as well as the release of a revised House of Representatives bonding bill, both of which include $20 million in funding for the redesign of Nicollet Mall, City leaders released the following statements:

Mayor Betsy Hodges

“I’m very happy to see our state legislators include funding for a redesign of Nicollet Mall in their bonding bills, and I thank them for including it. This shows that our leaders at the state Capitol understand the value this project brings to our region. Because $25 million is necessary to fully realize the economic development potential of this project and to maximize our partnership with the downtown business community, we will continue to make our case to the legislature in the coming days. A prosperous downtown will translate into better jobs and more vitality to the metro area and Minnesota.”

City Council President Barb Johnson

“This is great news, and I’m glad to see major funding for the Nicollet Mall redesign project in these bills. This legislative session is far from over. We will be busy over the coming days reminding lawmakers that every dollar they put towards this project will be matched by the business community in Minneapolis, and our ultimate goal is to build a project that strengthens and sustains Minnesota's economy."

City Council Vice President Elizabeth Glidden, chair of Intergovernmental Relations Committee

“Making Nicollet Mall a premier destination will translate into more jobs and economic activity for the region, which will benefit Minnesota. The $20 million in funding in the bonding bills is a huge step in the right direction, and we will continue to work with our partners in the Minneapolis Downtown Council to ensure this vital project is fully funded by the time the final bonding bill reaches the Governor's desk."

Published May 5, 2014