Kelly Aims Bonds at Campuses ; Legislation to Aid Building Projects.

Summary


JEFFERSON CITY -- State Rep. Chris Kelly, D-Columbia, has filed economic stimulus legislation of his own -- a $700 million plan to sell state bonds to finance construction on college campuses.

Kelly said his proposal would create jobs as soon as the bonds could be sold and construction begins. The money would help fund some projects on public university and community college campuses that would have otherwise been built with money from the sale of student loan assets.

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Kelly Aims Bonds at Campuses ; Legislation to Aid Building Projects.

Kelly said in an interview it was an opportune time to sell bonds, as interest rates are low. He said he plans an ame...

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