Nick Halter

Blog: Rybak probably doesnt have stadium votes

Today, Mayor R.T. Rybak gave the Minneapolis City Council his first formal presentation of his plans to build a Vikings stadium on the site of the Metrodome.

Rybak is proposing using city sales tax revenue that currently pays for Convention Center debt. When debt payments end for the Convention Center in 2020, the money would begin to fund the Vikings stadium. I’ll have more details about funding in the print edition, but the basic idea here is that city sales tax would contribute $300 million to the project over the next 30 years.


Subscribe to RSS - Nick Halter