Pawlenty trims and signs Legislature’s borrow-to-build plan
ST. PAUL — Gov. Tim Pawlenty has signed a borrow-to-build plan after cutting out projects to reduce the price tag.
Pawlenty decided Monday to use his line-item veto authority rather than taking down an entire $925 million bonding bill. He’s letting $717 million worth of projects stand.
The Republican governor had said he wouldn’t accept a bill that adds more than $825 million to the state’s general debt load.
The total value of all of the construction projects could be higher because federal or local dollars are often required to match state contributions.
The bill pays for renovations and new construction at colleges, prisons, wastewater treatment facilities, regional civic centers and the like.