2006 Minnesota Code
Chapters 473 - 473I Metropolitan Area
Chapter 473 Metropolitan Government
Section 473.5995 FOOTBALL STADIUM ACCOUNT.
473.5995 FOOTBALL STADIUM ACCOUNT.
Subdivision 1. Creation. A football stadium account is created in the special revenue fund in
the state treasury. On July 1, 2002, the Metropolitan Sports Facilities Commission must deposit
$500,000 from its cash reserves in the football stadium account.
Subd. 2. Transfer; sale of the Metrodome. Upon sale of the Metrodome, the Metropolitan
Sports Facilities Commission must transfer the net sales proceeds as follows:
(1) $5,000,000 to Hennepin County to offset expenditures for grants for capital improvement
reserves for a ballpark under section
473.757; and
(2) the remainder to the football stadium account to be used to pay debt service on bonds
issued to pay for the construction of a football stadium for the Minnesota Vikings.
History: 2002 c 397 s 4; 2006 c 257 s 4
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