Traffic is head-to-head on I-29 south of Fargo inforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inforum.com Daily Mail and Mail on Sunday newspapers.
(Bismarck, ND) A big day for the future of North Dakota s infrastructure Wenesday.
Governor Burgum officially signed House Bill 1431, praising the $680 million bonding package as an economically sound tool to support infrastructure upgrades across North Dakota including flood control, roads, bridges, water projects and an agricultural facility – all with using Legacy Fund earnings and without raising taxes.
Joining Burgum for the signing were Lieutenant Governor Brent Sanford, the bill’s four sponsors – House Majority Leaders Chet Pollert, Senate Majority Leader Rich Wardner, Representative Jim Schmidt and Senator Ron Sorvaag – House Minority Leader Josh Boschee, Senate Minority Leader Joan Heckaman and Assistant Senate Minority Leader Erin Oban, fellow legislators and local government officials.
KVRR Local News
April 21, 2021
Burgum says the package will be funded with Legacy Fund earnings and without raising taxes.
“With historic low interest rates, investing in infrastructure now is the financially conservative thing to do” Burgum said.
“We will save tens if not hundreds of millions of dollars for our state and political subdivisions over time versus waiting for years and paying cash.”
The $680 million bonding package includes:
$510 million for two major flood control projects, including $435.5 million for the Fargo-Moorhead Area Diversion Project and $74.5 million for Minot area flood control.
$35 million for state bridge repair and $35 million for the North Dakota Department of Transportation to leverage federal dollars to invest in North Dakota projects.
North Dakota GOP lawmakers unveil $1.1B bonding proposal to pay for infrastructure projects
The plan carves out millions of dollars for water projects, including at least $132 million over the next four years for the Fargo-Moorhead Area Diversion Project, which aims to mitigate floods of the Red River in the Fargo metro area. Other major funding would go to a project called the Mouse River Flood Protection, which addresses flooding concerns in the Minot area. Written By: Jeremy Turley | ×
Rep. Todd Porter, R-Mandan, introduces a $1.1 billion bonding proposal at the North Dakota Capitol on Wednesday, Jan. 6, 2021. Jeremy Turley / Forum News Service
North Dakota GOP lawmakers unveil $1.1 B bonding proposal to pay for infrastructure projects
The plan carves out millions of dollars for water projects, including at least $132 million over the next four years for the Fargo-Moorhead Area Diversion Project, which aims to mitigate floods of the Red River in the Fargo metro area. Other major funding would go to a project called the Mouse River Flood Protection, which addresses flooding concerns in the Minot area. Written By: Jeremy Turley | ×
Rep. Todd Porter, R-Mandan, introduces a $1.1 billion bonding proposal at the North Dakota Capitol on Wednesday, Jan. 6, 2021. Jeremy Turley / Forum News Service