Sale Of Bonds May Delay New Stadium
By Adam Carlson
Dec 29, 2013; Minneapolis, MN, USA; A general view as members of the Minnesota Vikings celebrate a touchdown against the Detroit Lions in the fourth quarter at the last game at Mall of America Field at H.H.H. Metrodome. The Vikings win 14-13. Mandatory Credit: Bruce Kluckhohn-USA TODAY Sports
Once again, the new stadium in Minnesota is facing a problem.
The state of Minnesota has halted the sale of $468 million worth of bonds that would be used to fund the new stadium. Sadly, even a two week delay in the sale of these bonds could result in the stadium’s opening being pushed back as much as a year.
The “petition for a writ of prohibition” was filed by three Minneapolis residents. Those residents are former candidate for mayor, Douglass Mann, his wife, and former school board member David Tilsen.
Sep 29, 2013; London, UNITED KINGDOM; Minnesota Vikings cheerleaders perform during the NFL International Series game against the Pittsburgh Steelers at Wembley Stadium. Mandatory Credit: Kirby Lee-USA TODAY Sports
The petition states that the bond sale is unconstitutional because of dependence on sales tax revenue to repay them. However, this topic was dealt with during the stadium debates prior to the vote to approve the new stadium finances.
While this should just be a small hurdle in getting the new stadium up, the consequences of the delay will hurt the workers who are tasked with the destruction and construction as well as the firms that are in charge of paying the companies in charge of the process.
When it comes to the Vikings, it always seems to be something, doesn’t it?