Below is statement to the media from CGMC President and Le Sueur Mayor Robert Broeder on today’s announcement that Gov. Dayton has included $21 million for the Greater Minnesota Business Development Infrastructure (BDPI) grant program in his bonding bill proposal. A PDF version of this statement is available here.

For Immediate Release: Jan. 15, 2016
Contact: Julie Liew, jlliew@flaherty-hood.com

Greater Minnesota economic development gets boost as Gov. Dayton’s bonding bill includes $21M for BDPI program

“We are thrilled that Gov. Dayton’s bonding bill includes $21 million for the Business Development Public Infrastructure grant program. The BDPI program is one of the most important economic development tools for cities in Greater Minnesota. These grants have helped more than 100 cities pay for infrastructure improvements that are absolutely critical to bringing business growth and jobs into our communities.

“As a direct result of the BDPI program, more than 2,000 jobs have been created in Greater Minnesota and the state’s tax base has increased by millions of dollars. We are grateful that the Governor recognizes the value in this key program. As the House and Senate prepare their bonding bills, we hope they will also show a commitment to helping more cities take advantage of the opportunities a BDPI grant provides.”

For more information about the BDPI program and cities that have received grants, please read this informational handout created for the CGMC.

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