Minneapolis wants $30 million cut of Metrodome sale

Categories: R.T. Rybak
R.T._Rybak200.jpg
R.T. Rybak says the city has shelled out more than $30 million on the Dome over the years.
This isn't going to help the Vikings on that whole new stadium plan idea thing.

Minneapolis Mayor R.T. Rybak sent a letter to Gov. Mark Dayton earlier this week claiming the city is entitled to a $30 million cut of the profits if the Metrodome is sold -- money that has been set aside to help foot the bill for the Arden Hills stadium proposal.

Rybak spokesman John Stiles says the mayor is actually a big advocate for a new stadium, but doesn't think this $30 million should help fund it, especially if the Vikings move out of Minneapolis as planned.

"The mayor's often said, 'Number one, it's important for the Vikings to stay in Minnesota'," says Stiles. "His strong preference is they stay in Minneapolis."

In the letter, sent to Dayton on Monday, Rybak asserts that the current stadium plan ignores Minneapolis' financial contributions to the Dome.

"As City elected leaders, this raises significant concerns," writes Rybak. "We believe the City has clear and demonstrable rights to the proceeds from the Metrodome sale. The City's contributions over time have been significant."

Thumbnail image for Thumbnail image for ramseystadium1.jpg
Will this thing ever be a reality?
According to the letter, that includes $15.8 million generated by a tax on liquor and hotels, $5.8 million in revenue from city-owned parking lots, $75,000 annually from parking meters (bastards!), and $4 million paid by the city to reroute sewage and water lines to accommodate the Dome.

Rybak also cites a state law that dictates the city get another $5 million from the sale, bringing the total to about $30.5 million.

"If the Metrodome property is sold, the City should recoup its $30.5 million from the net sale proceeds," writes Rybak.

Here's that letter in full:

R.T. Rybak's Metrodome letter

Like this Story?

Sign up for the Weekly Newsletter: Our weekly feature stories, movie reviews, calendar picks and more - minus the newsprint and sent directly to your inbox.

Privacy Policy
Sign up for free stuff, news info & more!

Tools

Browse Voice Nation
  • Voice Places

    Voice Places

    Discover restaurants, nightlife, travel, shopping...

  • VOICE Daily Deals

    VOICE Daily Deals

    Get 50 to 90% off every day on restaurants, movies, massages...

  • Best Of

    Best Of...

    More than 10,000 of the BEST things to eat, drink, and experience

  • My Voice Nation

    My Voice Nation

    Join the Village Voice community and get exclusive deals and info

  • Happy Hour

    Happy Hour

    Your local Happy Hour guide at your fingertips

or

Log in or Sign up

Social Connect:

Use your favorite account to access My Voice Nation.


Use your My Voice Nation account to log in:





Forgot password?
or

Sign Up or Log in

Social Connect:

Sign up for My Voice Nation with your preferred network.


Sign up for a My Voice Nation account:



Privacy policy