With historic low interest rates, investing in infrastructure now is the financially conservative thing to do.

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John,

Earlier this week we signed HB1431, an infrastructure bonding package that touches every corner of our state!

With historic low interest rates, investing in infrastructure now is the financially conservative thing to do. We will save tens if not hundreds of millions of dollars for our state and political subdivisions over time versus waiting for years and paying cash. That’s just smart economics, and it’s going to save our taxpayers dollars.

Need a refresher on bonding? We've put together a short video ([link removed]) to help demonstrate why this is an economically sound tool to support infrastructure upgrades!
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Click Here to Watch ([link removed])

House Bill 1431 advances a $680 million bonding package to support infrastructure upgrades across North Dakota including flood control, roads, bridges, water projects and an agricultural facility.

We are grateful to the legislators and local government officials who embraced this smart financial policy!

With Gratitude,

Doug Burgum

Governor

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