New Vikings Stadium Awaits Dayton's Signature
Thursday, May 10, 2012 - 2:17pm
Associated Press
ST. PAUL - The Minnesota Vikings are on the brink of getting a new stadium after the state Senate approved a plan that relies heavily on public financing.
Gov. Mark Dayton has said he'll sign the measure, which makes Thursday's Senate approval the final hurdle for the nearly $1 billion stadium.
The House passed it overnight.
The team has been chasing a new stadium for nearly a decade.
Dayton led the charge this year, fearing the team might leave the state if it didn't get a replacement for the 30-year-old Metrodome.
Under the bill, the team's future in Minnesota would be guaranteed for three decades.
The Vikings would pay 49 percent of construction costs.
The public expense is high: $348 million for the state and $150 million for the city of Minneapolis.