Local

Minn. Prepares For Vikings Stadium Bond Sale

View Comments
(credit: CBS)

(credit: CBS)

Vikings Central
Buy Viking Tickets
Sun Oct.19
Away vs Buffalo Bills
findticketsbtn Minn. Prepares For Vikings Stadium Bond Sale
Sun Oct.26
Away vs Tampa Bay Buccaneers
findticketsbtn Minn. Prepares For Vikings Stadium Bond Sale
Sun Nov.2
Home vs Washington Redskins
findticketsbtn Minn. Prepares For Vikings Stadium Bond Sale
 
Shop for Vikings Gear
NFL Scoreboard
NFL Standings
Team STATS
Team Schedule
Team Roster
Team Injuries

Sports Fan Insider

Keep up with your favorite teams and athletes with daily updates.
Sign Up
Today's Most Popular Video
  1. Here's How To Keep Your Family Healthy This Flu Season
  2. 4 Things To Know For Oct. 21, 2014
  3. The Lowdown: 'Breaking Bad' Dolls Enrage Parents
  4. Free Financial Advice This Weekend In St. Paul
  5. MN Family Wants Down Syndrome Diagnoses To Change

ST. PAUL, Minn. (AP) — The state of Minnesota is preparing to issue bonds that will cover the public share of the new Vikings stadium.

Minnesota Management and Budget issued what’s known as a “request for proposal” on Monday. It’s a formal notice to financial institutions that want to help underwrite the $498 million taxpayer share of the $1 billion stadium. The budget office says the stadium bonds will be executed over a period of about two years.

Financial institutions have until Oct. 9 to submit proposals, and the state says more than one could be chosen. Firms are required to submit information about previous government underwriting and other details about their operations.

The Vikings organization is responsible for the other roughly $477 million of the new stadium. Groundbreaking is planned for November.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 1,903 other followers