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Ramsey County Lines Up Vikings Stadium Land Buy

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(credit: CBS)

(credit: CBS)

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ST. PAUL, Minn. (AP) — Ramsey County officials say they have a deal with the federal government to buy the 430-acre parcel in Arden Hills where the Minnesota Vikings want to build a new football stadium.

County commissioners say Thursday they got a formal purchase offer for the former Army ammunition plant site. Commissioner Rafael Ortega says the county will buy the land for $28.5 million and has until August 1, 2012 to cancel the purchase without penalty if no stadium deal comes together in Ramsey County.

The Vikings hope to build a $1.1 billion football stadium on the land with help from a state subsidy. The Ramsey County officials say a local contractor can clean it up for less than the amount of credit available to the county against the federal government’s proposed price.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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