April 23, 2013
Mayo boosts lobbying as funding bill advances
Rochester and private investors will have to dig deeper into their own pockets before the state puts one penny toward Mayo Clinic’s multibillion- dollar hometown makeover, lawmakers said Monday. The Senate Taxes Committee presented a pared-down version of the multimillion-dollar Mayo request Monday, similar to one the House Taxes Committee approved last week amid intensified […]
Tags: destination medical center, DMC, Lisa Clarke, private investor, Senate Taxes Committee, Star Tribune, state funding
April 12, 2013
New Mayo plan drops tax capture piece
A complicated tax capture plan sought by the Mayo Clinic to assist in a 20-year growth plan is being dropped in favor of state aid payments directly tied to the amount of private spending on the development. The revisions to the Mayo proposal were coming Friday in the Senate Taxes Committee. The Associated Press obtained […]
Tags: destination medical center, DMC, MPR, private spending, Senate Taxes Committee, state aid, state funding, tax capture