Skip to main content

Legal challenge postpones stadium bond sale; delay could disrupt timeline

  • Author:
  • Updated:
    Original:

A $468 million bond sale to finance part of the new Vikings stadium will not take place as planned on Monday and Tuesday, the Star Tribune reports.

The newspaper says a legal challenge filed on Friday led state budget and stadium officials to postpone the bond sale. If it's not resolved soon, the court action could push back the opening of a new stadium by a year, the chairwoman of the Minnesota Sports Facilities Authority said.

Friday's challenge came from former Minneapolis mayoral candidate Doug Mann. Mann tells the Associated Press the bond sale is unconstitutional because the city should have held a referendum before committing sales tax revenue to repaying the bonds.

Chairwoman Michele Kelm-Helgen said at a press conference that the Sports Facilities Authority is counting on proceeds from the bond sale to pay $28 million in bills that will come due at the end of this month, the AP reports. That includes money for architects and contractors who have already put work into the project. According to reports, Kelm-Helgen cited Jan. 23 as the date by which bond sale revenue would be needed to avoid delays.

Minnesota Public Radio reports Mann lost a similar legal challenge last year. Minnesota Management and Budget chairman Jim Schowalter tells MPR that even though the legal issue has already been dealt with, a consultation with the attorney general's office led to the decision to put off the bond sale. Schowalter characterized that as a day-to-day decision and not a long-term delay.

Former Minneapolis School Board member David Tilsen joined Mann and his wife, Linda Mann, if filing the legal petition.

Construction of the new Vikings stadium and the adjacent Downtown East project have bogged down over several legal issues. Late last year, there were reports that the sale of bonds for Downtown East was delayed when constuction estimates came in $10 to $20 million higher than expected.

Later this week, power is scheduled to be cut off to the Metrodome and the venerable stadium's roof would then begin to deflate. Then the dome's structure will be dismantled piece by piece. The new $1 billion stadium will be built on the current site of the Metrodome; demolition has already begun. The Vikings plan to play two football seasons at TCF Bank stadium on the University of Minnesota campus.

Next Up

Screen Shot 2022-07-03 at 9.31.25 PM

Boy found in Brooklyn Park; appeal to find his parents

The boy was found shortly before 6 p.m. Sunday.

police tape, crime scene

1 dead, 1 arrested after shooting involving teens in Duluth

A 17-year-old was arrested around 1:45 a.m. Sunday. Neither the victim nor the suspect has been identified.

Screen Shot 2022-07-03 at 1.03.19 PM

NASCAR driver joins MN boy in reclaiming 'Let's go Brandon' slogan

Brandon Brundidge gained recognition when his mother shared the story of how he found inspiration in "Let's go Brandon" signs.

Screen Shot 2022-07-03 at 10.20.27 AM

White supremacist propaganda flyers distributed in Cottage Grove

The department said the flyers have been left in driveways throughout the city.

Screen Shot 2022-07-03 at 9.32.09 AM

6-year-old Northfield girl missing, mother dead of apparent suicide

Anyone who had seen the girl or her mother in the past two weeks should call Northfield police.

Pixabay - jet skis resting

Jet skier injured in explosion on Minnesota lake

The explosion happened on Little Lake 14 in St. Louis County.

Krisit Noem

Kristi Noem's response to 10-year-old Ohio girl pregnant after being raped

Abortion is illegal in South Dakota unless the mother's life is in danger.

police lights

Sheriff: Deputy shoots gun-wielding man in western Wisconsin

One deputy fired on the man, striking him in an unknown area of his body.

Screen Shot 2022-07-03 at 7.28.32 AM

Man found dead in 26 inches of water in Le Sueur County

The 45-year-old was found in near the shoreline on Lake Washington.

police lights

Man arrested after abduction attempt in Bemidji

The incident occurred in Cameron Park on June 25.

betty danger's

Betty Danger's in NE Minneapolis for sale for $4.2 million

The asking price includes the restaurant's ferris wheel, as well as a nearby single-family home.

Related