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Vikings: New stadium plan unworkable
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02-11-2012, 08:36 AM
Post: #1
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Vikings: New stadium plan unworkable
A Minnesota Vikings spokesman said Friday that team owners don't like a new proposal to fund a $1 billion stadium in the Twin Cities suburbs using ticket fees and other game-related charges.
The latest proposal floated by several Ramsey County commissioners was meant to replace a previous stadium financing plan that relied on a county food and liquor sales tax. Instead, it would draw $20.6 million annually from stadium user fees, an admissions surcharge, a stadium sales tax and parking lot naming rights. The county board said the plan would generate $618 million over 30 years.
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