Minneapolis Wants Slice of Metrodome Proceeds
MINNEAPOLIS (AP) – Minneapolis city officials want at least $30 million from proceeds of the Metrodome, revenue that developers of a new stadium in Arden Hills were counting on.
Minneapolis Mayor R.T. Rybak says city officials learned only a week ago about plans to use money from the sale of the Metrodome for a new Minnesota Vikings stadium.
In a letter to Gov. Mark Dayton, city leaders say state law provides that Minneapolis and Hennepin County each receive $5 million should the Metrodome be sold. But, they also say the city has poured millions more into the facility, including nearly $16 million from liquor and hotel taxes.
Vikings executive Lester Bagley says the team will “leave it up to the governor and the state Legislature to sort” it out.
(Copyright 2011 by The Associated Press. All Rights Reserved.)