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December 09, 2011

Minneapolis council opposed to Rybak's Vikings plan

Minneapolis Mayor R.T. Rybak's plan for financing a Minnesota Vikings stadium with tax money that currently goes to pay off the city's convention center may have gotten a good reception in the state capital, but unfortunately it turns out his own city council pretty much hates it. "I just think that's crazy," said councilmember Lisa Goodman, while her colleague Gary Schiff declared, "We can't take away the money needed to maintain the convention center in 20 years and start applying that to a new facility. Otherwise we just start cannibalizing our own city infrastructure."

Rybak also provided more details of his plan yesterday, which now goes like this:

  • Take $20 million in receipts from sales, restaurant, and hotel taxes that is currently collected in excess of what's needed to pay off the convention center debt, and funnel between $4 million and $11 million a year towards a Vikings stadium (enough to pay off roughly $60-150 million in up-front construction cost).
  • Take another $5 million a year and use it to pay off debt on the purchase of the Timberwolves' Target Center, which was originally privately built but taken off the Wolves' owners' hands in a much-criticized public bailout in 1995. Also, take a few million more and pay for $100 million in upgrades to the Target Center.

According to Minneapolis Public Radio, councilmembers "told Rybak that if Minneapolis has money to spend, it ought to go to schools, or police or some other basic service — not the Vikings." The Downtown Journal counted heads and found a majority of the council already opposed to Rybak's plan, with several additional members still undecided or unaccounted for — though it added that "perhaps some sweeteners could be thrown into the deal that might switch a council member or two." Not that we've seen anything like that before.

COMMENTS

All the Council has to do is "agree" to give the voters our referendum as mandated in the City Charter. Need I say more about the state of democracy in Minneapolis City Hall, or in the MN legislature. They can pontificate all they want, sound as eloquently indignant as they care to and show that they do have a grasp of the disastrous economics of Rybak and fellow desperadoes. But in the end it's "Gosh, better luck next time. Keep on trying, suckers." At least they now can gaze down on the Peoples' Plaza across the way, which has signs saying "No Stadium Taxes". Hooray for Occupy Minneapolis!!

Posted by Janet Nye on December 9, 2011 06:53 PM

All the Council has to do is "agree" to give the voters our referendum as mandated in the City Charter. Need I say more about the state of democracy in Minneapolis City Hall, or in the MN legislature. They can pontificate all they want, sound as eloquently indignant as they care to and show that they do have a grasp of the disastrous economics of Rybak and fellow desperadoes. But in the end it's "Gosh, better luck next time. Keep on trying, suckers." At least they now can gaze down on the Peoples' Plaza across the way, which has signs saying "No Stadium Taxes". Hooray for Occupy Minneapolis!!

Posted by Janet Nye on December 9, 2011 06:53 PM

Well Janet,

Here in Santa Clara I'm envious of someone with a council that will at least push back instead of prostate itself for the team.

Consider yourself fortunate.

Posted by santa clara jay on December 11, 2011 01:09 PM

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