Posted at: 04/15/2013 10:41 PM
Updated at: 04/15/2013 10:46 PM
By: Steph Crock
House Unveils New Version of DMC Bill
(ABC 6 News) -- A new version of the DMC Bill was just unveiled by the Minnesota House of Representatives Monday, with some significant changes.
There are two major differences, the funding mechanism and the governing structure.
It cuts the state's contribution to the expansion project by roughly $200 million, but up's the local cost. The state's contributions were cut down to roughly $340 million.
We're told taxpayers in Rochester would now be responsible for roughly $130 million, the county would also have higher costs. The states bonding authority would now be capped at $30 million a year, rather than the original $75 million.
"It is a bit concerning that locally we would be expected to put in so much more. I’m sure that our local officials are not going to be too happy about that," said Democratic Representative Tina Liebling.
However, Rep. Liebling does agree on the next big change, that's the governing structure of the project "In the House we've chosen not to have two, an authority and economic development corporation. There would simply be one and it will be a nine member board primarily with local control," said Democratic Representative Kim Norton.
This version of the bill was only unveiled today as part of the state’s omnibus tax bill. There has been no vote.
Stay with ABC 6 News for the latest on DMC, and its progress at the capitol.