Duluth, MN (NNCNOW.com) - The University of Minnesota's hopes to secure $36 million in bonding money for a new chemical sciences and advanced materials building may be dashed.
On Tuesday, the House, which had originally proposed $24 million for the science building, dropped its figure to the same amount as the Senate, $1.5M.
The Senate unveiled its bonding proposal on Monday. Governor Mark Dayton included no funding in his proposal.
Despite the changes, UMD officials remain optimistic.
"It is good to see UMD’s Chemical Sciences and Advanced Materials Building supported in both the House and Senate," said Michael Seymour, UMD's Vice Chancellor for Finance and Operations. "We are hopeful of full funding, but receiving planning money is still a strong acknowledgment of the legislature’s future commitment to this project."