Gambling, Legacy Funds Eyed For Vikings Stadium
ST. PAUL, Minn. (WCCO/AP) -- Lawmakers are pitching gambling as a possible way to come up with the money to construct a new Vikings stadium.
However, a bipartisan group of lawmakers are scheduled to give a press conference at the State Capitol Thursday morning. They plan to say they do not support using any form of gambling revenue to fund the project.
A proposal sponsored by Minnesota Senate minority leader Tom Bakk would put electronic pulltab machines in bars and restaurants. The plan would generate an estimated $40 million a year for the state. Half of that would be earmarked for use toward the new stadium.
Other plans that have been bandied about include use of racino revenues, building a new casino at Block E or using legacy funds -- those typically set aside for arts, entertainment and land conservation.
In all, the state would need to come up with $300 million if it chooses to move forward with the plan to construct the estimated $1 billion complex. The Vikings and Ramsey County would be responsible for the rest.
Gov. Mark Dayton is planning to take a peek at the proposed stadium site in Arden Hills Thursday from the air. Dayton will be flying over the sprawling former Army ammunition plant in a state helicopter on his way to an event in St. Cloud.
Stadium activity has been intense in recent weeks as the Vikings lease in the Metrodome nears its expiration. The team has been seeking public money toward a new stadium for years.
Dayton is scheduled to meet Friday with GOP legislative leaders on stadium financing options and timing for approving a proposal.
Dayton has said all options are currently on the table. He plans to put a bill of his own together, which he would unveil in time to schedule a special session in November.
Meanwhile, Minneapolis Mayor R.T. Rybak has planned a 3 p.m. press conference to release details of what he's calling a "People's Stadium" in Minneapolis for the Minnesota Vikings. Pat Kessler will have the very latest on WCCO 4 News at 5 and 6.
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