TED Fact
In 2012, TED will distribute $27 million in funds matched by $83 million from private and other public sources. These targeted investments will support an estimated 4,000 additional “head of household”-type jobs for Minnesota.
TED Projects Summary
Funds provided by local and private community partners
Community |
Project Description |
2012 Awards |
Local / private / other funds leveraged |
% Leveraged |
Non-TED Funding Sources |
Eden Prairie |
S. Shady Oak Rd Imp |
$7,000,000 |
$24,700,000 |
77.9% |
United Health Group, City MSA, other public partners |
Hwy 36 / English St Interchange |
$1,000,000 |
$21,997,000 |
95.7% |
Business assessments, Federal funds, state, county, city, watershed |
|
Hwy 7 / Louisiana Interchange |
$3,000,000 |
$22,008,000 |
88.0% |
Federal, state, local |
|
Lexington Ave - Congestion Mitigation |
$1,000,000 |
$1,617,298 |
61.8% |
Federal, state, local |
|
I-394 Ridgedale Dr westbound on ramp |
$1,603,965 |
$6,396,035 |
80.0% |
Municipal Aid, storm sewer funds |
|
North Windom Industrial Park imp |
$1,094,500 |
$805,500 |
42.4% |
Economic Development Authority |
|
Reichel Foods Inc |
$1,463,650 |
$794,350 |
35.2% |
Business contrib., city |
|
Hwy 10 / CSAH 3 Interchange |
$2,934,000 |
$1,956,000 |
40.0% |
Private developer, county |
|
Cr 132 - Hawkins Sawmill Rd - 9-ton |
$300,000 |
$950,000 |
76.0% |
Hawkins Sawmill, county |
|
Multi-modal Distribution Center, Rail spur |
$657,000 |
$300,000 |
31.3% |
Economic Development Authority |
|
Extension of Industrial Park Rd & CR 76 |
$1,000,000 |
$1,740,000 |
63.5% |
Met-Con Companies, county |
|
Eastwood Energy Industrial Park |
$969,218 |
$415,380 |
30.0% |
Special Assessments, County EDA |
|
Jackson |
I-90 / CR 34 Interchange |
Pending Traffic Study |
N/A |
N/A |
city, county |
Delano NW Business Park |
$1,605,500 |
$3,313,000 |
67.4% |
DEED, special assessments, TIF |
|
| Total | $23,627,833 |
$86,992,563 | 78.6% |