May 9th, 2011 
Matt Loede 
Posted in Mike Kaszuba of the Minneapolis Star Tribune reports Minneapolis officials will announce a proposal Monday to build a new stadium for the Minnesota Vikings on the Metrodome site that calls for the city to pay roughly 25 percent of the cost, a source with close knowledge of the plan said late Sunday.
City officials have scheduled a midafternoon news conference at the State Capitol to outline details of the proposal, which comes two weeks before the Legislature is scheduled to adjourn. The city is competing with Ramsey County, which wants to lure the Vikings to suburban Arden Hills, to partner with the team and the state on a new stadium.
The city plan, according to the source, would use sales taxes from the city’s convention center for the project and also would provide money for renovation of Target Center, the home of the Minnesota Timberwolves in downtown Minneapolis. The proposal would also change the debt structure for Target Center.
No city property taxes would be used for the Vikings stadium, the source said.
The city’s plan comes just days after Ted Mondale, Gov. Mark Dayton’s chief stadium negotiator, said the Vikings were pursuing the stadium with the understanding the team would have to raise its contribution to roughly 40 percent of the cost.
Just read over at ESPN that the vikes were actually NOT a part of the detailing. They don’t really endorse the plan at the moment.
Sounds like a bunch of B.S. too me! Where were these jokers the past ten years ? all they do is throw a spanner in the works every time it looks like someone will actually get something agreed too. First Anoka now Arden Hills it’s the same old song and dance.
“if you build it, they will stay”
get ‘er done
for arguments sake, let’s say this new stadium will cost $1 billion
25% – Minneapolis = $250 Million
25% – Vikings = $250 Million
25% – NFL = $250 Million
25% – State of Minnesota (minus Hennepin Co) = $250 Million
again for arguements sake, I have no true facts here, lets say the number of taxpayers in Minnesota (minus Hennepin Co) = 2.5 Million people
$250 Million divided by 2.5 million taxpayers = $100.00 each
the tough part will be prying $250 million away from the NFL
If they can’t raise the funds, sell shares, not bonds. Anybody with cold cash could be part owner of that stadium, which in turn would guarantee a return of the investment by selling seating rights, corporate boxes income, etc. Heck, I’d buy shares to own part of the stadium, this is a good way to generate revenue from out of state Vikings fans or interested investors. The only caveat is no one from Wisconsin is allowed to buy any shares in a Vikings stadium.
c’mon ole, be a bud and just write a check to cover the whole thing, will ya?
He did, it bounced for some reason