Legislature To Help Pay Mpls. Downtown Library Debt
MINNEAPOLIS (AP) – The state of Minnesota will give Minneapolis about $33 million over several years to help pay off debt on the downtown library.
The money was a last-minute addition to the state tax bill at the Legislature.
DFL Rep. Jim Davnie of Minneapolis says the provision will supply about $4.7 million a year between 2016 and 2025.
City voters approved borrowing $140 million in 2000 to build the downtown library and improve community libraries.
The library money was added to the tax bill after the state agreed to forgive loans on the Xcel Energy Center, located in St. Paul.
The Minneapolis Central Library opened in 2006. The striking structure was designed by architect Cesar Pelli. The library is part of the Hennepin County Library system.