Sports
New authority to oversee Minnesota Vikings stadium
Photo:
May 28, 2012 at 6:25 am
ST. PAUL, MN (AP) - A new stadium authority will keep Vikings stadium construction on a $975 million budget, work out a 30-year lease with the team and run the new arena.
Five members soon to be appointed to the Minnesota Sports Facilities Authority will hold sway over the massive development in downtown Minneapolis, on the site of the Metrodome, the team's current home.
Gov. Mark Dayton and Minneapolis Mayor R.T. Rybak have until mid-June to name the members.
The authority will represent the public's interest in a construction project that has taxpayers putting up almost $500 million.
The head of a similar authority that oversees the Twins' Target Field says the power to approve stadium spending gives the group control if disputes arise during the project.
Leave a Comment
Related Stories
May 12, 2013
ST. PAUL, Minn. (AP) Gov. Mark Dayton and the Legislature's top Democrats have reached a budget deal that includes income tax increases on wealthier Minnesotans and a cigarette tax increase, and aims to provide property tax relief while boosting spending for public schools, state colleges and other programs. Read More...
Apr 25, 2013
NEW YORK (KNSI) - After upgrading the defense with their first two picks of the 2013 NFL Draft the Minnesota Vikings made a deal late in the evening to bolster the offense by trading for yet another first round selection. Read More...
May 13, 2013
MINNEAPOLIS (KNSI) - The Vikings pulled the curtains back on their plans for the new $975 million stadium. Read More...
Apr 25, 2013
ST. CLOUD, Minn. (KNSI) - A beautiful day for hard hats and gold-plated shovels, as the St. Cloud VA Health Care System celebrated the groundbreaking of their new Mental Health building. Read More...