Vikings Stadium Bond Sale Expected Monday
ST. PAUL (AP) - The state expects to begin selling bonds for the new $1 billion Minnesota Vikings stadium on Monday after a two-week delay.
The sale was held up by a last-minute legal challenge filed Jan. 10 before the Minnesota Supreme Court by three Minneapolis residents who claimed the funding mechanism for the stadium was unconstitutional. The state decided to delay the $468 million bond sale until the legal issues could be resolved. The Supreme Court dismissed the lawsuit on Tuesday.
John Pollard, spokesman for Minnesota Management and Budget, says the sale is now expected to go through on Monday.
The stadium, on the Metrodome site in downtown Minneapolis, has a planned opening of July 2016.