The Vikings have proposed building a $440-million stadium, and the National Football League and the team would contribute about $150 million to that effort.
The new account is funded with $500,000 from reserves at Metropolitan Sports Facility Commission. Regents at the University of Minnesota are asked to make an agreement with the Minnesota Vikings on stadium operation and management and report back toLegislature by Dec. 1.
The net proceeds of the sale of the Metrodome--projected to fetch $26 million or so--would go to football stadium account.
Vikings officials have indicated they are pleased with the progress represented by the bill.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.