Quantcast

Backup Vikings Stadium Funding Source to Surface - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Backup Vikings Stadium Funding Source to Surface

Posted: Updated:

ST. PAUL, Minn. (AP) - A new plan for paying off Minnesota Vikings stadium debate is about to surface at the state Capitol as the legislative session nears its conclusion. 

Leaders of a House-Senate committee crafting a wider-ranging tax bill alluded to the new proposal while trading offers on Wednesday. 

They simply list it as the "Governor's Vikings Proposal" in a spreadsheet that indicates it will generate $32 million over two years. The money would repay public bonds that will be sold to pay for the new $975 million stadium in Minneapolis.

Last year, the Legislature authorized new electronic gambling to cover stadium costs, but games haven't come close to raising the needed money.

Governor Mark Dayton's administration has kept quiet about its backup funding option, but intensifying tax talks won't allow that much longer.

  • Local NewsMore>>

  • Broken Poles Knock Out Power in Arthur, ND Area

    Broken Poles Knock Out Power in Arthur, ND Area

    Cass County Electric says about 660 customers lost electricity in the Arthur, ND area Wednesday morning.
    Cass County Electric says about 660 customers lost electricity in the Arthur, ND area Wednesday morning.
  • Healthier Me: Busting Pregnancy Myths

    Healthier Me: Busting Pregnancy Myths

    You need to kick your caffeine habits and you can't fly and forget getting your gray hair colored!? We talked with a Sanford Health obstetrician to figure out what is true and what is not. 
    You need to kick your caffeine habits and you can't fly and forget getting your gray hair colored!? We talked with a Sanford Health obstetrician to figure out what is true and what is not. 
  • Blackhurst Named Next MSUM President

    Blackhurst Named Next MSUM President

    The Board of Trustees of Minnesota State Colleges and Universities on Wednesday appointed Dr. Anne Blackhurst as president of Minnesota State University Moorhead. Her appointment becomes effective July 1.
    The Board of Trustees of Minnesota State Colleges and Universities on Wednesday appointed Dr. Anne Blackhurst as president of Minnesota State University Moorhead. Her appointment becomes effective July 1.
Powered by WorldNow
Powered by 

WorldNowAll content © Copyright 2000 - 2014 WorldNow and Valley News Live. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.