Two bills that would help the Mayo Clinic develop its planned $5 billion expansions are making their way through the Minnesota Legislature this session.
State lawmakers say if the Mayo Clinic is going to expand in Rochester, more of the money will need to come from city and county residents. Lawmakers have asked Rochester to more than double its share of local taxes committed to the project, bringing the city's contribution to $128 million. It's unclear how much Rochester residents are willing to pay to help Mayo expand.
State taxpayer money would go toward an expansion of the Mayo Clinic only after a hefty amount of private money and more local taxes are committed to the project, under a reworked plan unveiled in a state Senate committee on Monday.
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When the House Tax committee reconvenes today, one of things under discussion will be a new plan for funding improved infrastructure around the Mayo Clinic in Rochester. Some lawmakers want the city of Rochester and Olmsted County to kick in more money toward the project. MPR's Cathy Wurzer spoke with Rochester Mayor Ardell Brede about the new plan.
If the Mayo Clinic is to expand in Rochester, city and county residents must contribute a larger share of the $500 million needed for public transit and other improvements, state lawmakers said this week.
Mayo Clinic is dropping a complicated tax plan that relies on more than $500 million in state funds to make improvements in Rochester in favor of a plan that would rely on a more direct contribution from the state.
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