New Mayo plan calls for less from state

Posted on April 16th, 2013 by Logan Lafferty

A new House plan unveiled Monday, April 15, trims the amount of state support being offered for a large economic development project involving the Mayo Clinic in Rochester. Under the latest proposal, state taxpayers would provide about $338 million in support for the project, which sets a goal of solidifying Rochester's status as a global destination for medical care. Rochester and Olmsted County, meanwhile, would contribute $128 million -- a much larger share than required by legislation introduced earlier this year by Rep. Kim Norton, DFL-Rochester…In a statement Monday night, clinic officials said they were pleased that the financing plan "is strong and consistent with the goals and principles we set forth at the beginning of this process."

Additional Coverage: Star Tribune, MPR, WCCO, KAAL, Star Tribune, Duluth News Tribune, WQOW

 

Pioneer Press by Christopher Snowbeck

Tags: destination medical center, DMC, economic development, Expansion, Finanical, Government Relations, Mayo Clinic Rochester, Minnesota Legislature, Pioneer Press, Rep. Kim Norton, state funding, state support, state tax

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