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New stadium financing plan

New stadium financing plan Click to Enlarge Photo: Minnesota Vikings

May 20, 2013 at 6:29 am

ST. PAUL, Minn. (AP) Minnesota Vikings stadium finance plan, take two.

At the request of Gov. Mark Dayton's administration, the Legislature is temporarily rerouting money from a new cigarette tax and from a corporate tax to backfill a lagging stadium fund.

The fix is part of a giant tax plan on course for final legislative approval. The House signed off early Monday. 

Last year, lawmakers authorized a new form of gambling to cover debt on the state's $398 million stadium share. But those games have failed to take off as hoped, leaving some worried as a summer bond sale approaches.

 Republicans say Dayton is breaking a promise that the stadium wouldn't be paid with general treasury dollars. Dayton has said he's making sure the stadium project doesn't fail.  Construction begins this fall.

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