The Minnesota House of Representatives passed the Vikings stadium bill after nine hours of debate on a 73-to-58 vote. Here’s the entire bill. The major changes were:
** State will share in naming rights income and will cap state portion of construction costs. The Vikings do not like this provision.
** Provides a 25% payment of the TOTAL SELLING PRICE to the state if the Vikings sell. That percentage is reduced 1% each year. The original bill called for a payment of the PROFIT only.
** The Vikings, rather than the stadium authority, would be responsible for operating overruns once the stadium is running
About the blogger
Bob Collins has been with Minnesota Public Radio since 1992, emigrating to Minnesota from Massachusetts. He was senior editor of news in the ’90s, ran MPR’s political unit, created the MPR News regional website, invented the popular Select A Candidate, started the two most popular blogs in the history of MPR and every day laments that his Minnesota Fantasy Legislature project never caught on.
NewsCut is a blog featuring observations about the news. It provides a forum for an online discussion and debate about events that might not typically make the front page. NewsCut posts are not news stories but reflections , observations, and debate.