Providing for the financing, construction, operation and maintenance of a ballpark and related facilities for major league baseball; providing a state policy for professional sports facilities financed with public funds, requiring professional sports franchises using sports facilities financed with public funds to pay incremental increases in revenue generated from the facility to the public body financing the facility; requiring location of the ballpark in the city of Minneapolis at a certain development area site; establishing the Minnesota ballpark authority to oversee the design, construction, operation, maintenance and improvement of the ballpark and related facilities, requiring and providing for governance of the authority by a commission, specifying certain commission membership requirements; specifying certain powers of the authority, authorizing certain contracts, exempting the acquisition and betterment of the ballpark from metropolitan council review and business subsidy requirements; regulating certain local government actions; imposing certain criteria and conditions on development of the ballpark; specifying certain contribution requirements of the team using the ballpark; specifying certain capital improvements reserve fund and authority and team long term lease or use agreement requirements; specifying certain breach or default notice requirements of the team and certain financial commitment requirements for design, construction, furnishing and equipping of the ballpark; requiring compliance with certain environmental requirements; requiring authority access to financial books and records of the team and affordable access to professional sporting events at the ballpark; requiring the prevention of labor strikes or lockouts impeding construction; specifying certain youth activity and amateur sporting and incremental revenue payment requirements; specifying certain authorized activities of Hennepin county, authorizing certain grants and specifying certain limits, granting the county certain revenue bond issuance and sales and use tax imposition and use authority; specifying certain air and land rights conveyance responsibilities of the state and certain requirements of the commissioner of transportation (DOT) relating to property and parking ramps or garages; specifying certain land conveyance requirements of the Hennepin county regional railroad authority and the city of Minneapolis; requiring the city of Minneapolis to issue intoxicating liquor licenses requested for the ballpark premises; repealing the existing statutory provisions providing for construction of a new baseball park in the metropolitan area
(mk)