Mayor and City Council approve new Downtown stadium
The Minneapolis City Council and Mayor R.T. Rybak today granted local approval to state legislation that will build a new stadium in downtown Minneapolis and allow the City to use existing taxes to support the Minneapolis Convention Center and Target Center, as well as other economic development and infrastructure needs.
The stadium bill, which was passed by the state legislature and signed by Governor Mark Dayton May 14, required Minneapolis to act within 30 days. Following today’s action, the City’s approval of the measure will be filed with the Minnesota Secretary of State. As a next step, the legislation calls for the creation of a stadium authority, which will consist of five members, three of whom will be appointed by the governor, and two of whom will be appointed by Mayor Rybak.
Published May 25, 2012