The City of Rochester got some good news when funding for the expansion of the Mayo Clinic was included in the final tax bill.
The legislation, passed Monday, will fund the public infrastructure required to keep pace with an estimated $5 billion private investment by the Mayo Clinic and other private entities over the next 20 years.
Republican Representative Steve Drazkowski said the over 300-million dollars in state assistance will be doled out over an extended period of time. The investment is seen as securing Rochester's and Minnesota's position as a global medical destination. Mayo has said it will result in thousands of new jobs.