Two legislators say a bond issue is in order
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Two legislators say a bond issue is in order

Date: October 11, 2012
By: Nick Thompson
State Capitol Bureau

Intro: 
Two Missouri legislators want to make the biggest state bond issue in thirty years a reality.
RunTime:  0:42
OutCue:  SOC

Wrap: Democratic Representative Chris Kelly and Republican Senator Kurt Schaefer are working on a nearly one billion dollar bonding bill for the 2013 legislative session.

Kelly says this is the fifth session in a row he will push a bonding bill. He says the state needs to take advantage of low borrowing and construction costs to make improvements to facilities.

Actuality:  KELBOND3.WAV
Run Time:  00:11
Description: "My dream scenario would be to pass it in time to put it on the April ballot. And the advantage of that is that the legislature could appropriate the projects in this legislative year."

The borrowed funds would be used to make capital improvements to university campuses, mental health facilities, and even the state capitol building.

From the state capitol, I'm Nick Thompson.

Intro: 
Some Missouri legislators want to pass a bill next session that would ask voters to let the state borrow nearly one billion dollars.
RunTime:  0:38
OutCue:  SOC

Wrap: Democratic Representative Chris Kelly and Republican Senator Kurt Schaefer are working on a bill creating the largest bond issue in thirty years.

The funds would make improvements to the state's university campuses, mental health facilities, and even the state capitol building.

Schaefer says capital improvements to infrastructure and facilities will be a major theme in the next legislative session.

Actuality:  SCHBOND7.WAV
Run Time:  00:06
Description: "We need to look at what's the most prudent thing to do to make sure that we maintain them, and make sure that they're viable and available for the public as intended."

Schaefer and Kelly say the current low borrowing and construction costs make a bond issue attractive.

From the state capitol, I'm Nick Thompson.

Intro: 
Two Missouri lawmakers say low borrowing and construction costs make now the time for a bond issue.
RunTime:  0:43
OutCue:  SOC

Wrap: Democratic Representative Chris Kelly and Republican Senator Kurt Schaefer want to put a nearly one billion dollar bond issue before voters.

Kelly says it will make needed capital improvements to the state's university campuses, mental health facilities, and even the state capitol building.

Actuality:  KELBOND2.WAV
Run Time:  00:11
Description: "When we get done, there's something meaningful left over. There's no new government jobs, all the jobs will be in the private sector. But something is there when we're done."

Kelly says a bonding bill has support from fellow lawmakers, and he hopes to pass one in time to put it on the April ballot.  

If voters were to approve, it would be the largest state bond issue in thirty years.

From the state capitol, I'm Nick Thompson.


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