"MAGIC Fund" helping Minot with Flood ProjectsMinot, ND (WDAY TV) - Minot has brought in some serious cash to clean up the mess left behind from last year's flood.
By: WDAY Staff Reports, WDAY
Minot has brought in some serious cash to clean up the mess left behind from last year's flood. The sales-tax-funded "MAGIC Fund" is contributing nearly 3-million dollars to complete funding for the 55th Street overpass project. Magic Fund members voted unanimously to pitch in the extra 2 point 7 million. That's in addition to the 20 million dollars of federal, state, and local funding.
Lance Meyer – Minot City Engineer: "There's a funding gap from the amount we received from federal grant and state funds, to what the project bid cost was. We knew going into this project there was going to be a shortfall. "
350 thousand dollars of Magic Fund money is also going to Midwest Milling, a company planning to build a plant in the AG park near that bypass.