4E Providing a funding process for a new university of Minnesota football
stadium on the east bank campus of the university in the city of Minneapolis; transferring land in Dakota county from the university of Minnesota to the department of natural resources (DNR), permitting university of Minnesota use of land and specifying prohibited uses, specifying termination of university of Minnesota land use restrictions in event of state failure to make total payments to the university of Minnesota; requiring the DNR in cooperation with the board of regents of the university of Minnesota to submit short and long term programmatic plans assessment for land development to the governor and legislature by a certain date, specifying assessment content requirements, requiring the board to annually report to the legislature on department of defense land contamination remedy efforts, requiring the DNR in consultation with the pollution control agency (PCA) to report to the legislature on agency pollution remediation responsibility, requiring the DNR in cooperation with the board to report to the governor and legislature on implementation and recommendations for changes; granting certain authority to the board of regents, requiring the board to ensure the use of American made steel in construction of the stadium; specifying certain conditions to be met before payment to the university by the commissioner of finance, specifying a pledge, gift, sponsorship, and nonstate general fund revenue minimum support for stadium construction prior to first payment, requiring the state upon certification to annually transfer to the board up to a certain amount for stadium construction costs reimbursement, specifying a bonding limit; requiring board certification of fixed level student fees contribution coterminous with board issued bonds; requiring the board of regents to provide public use of stadium; specifying certain environmental review requirements of the stadium project, conditioning annual payment to board upon stadium project environmental review; restricting full faith and credit requirements by the state for state bonds and other obligations issued by the university; specifying certain mitigation fund requirements; providing for a neighborhood impact report assessing the impact of the university on the surrounding community; prohibiting the board from acquiring a certain building by eminent domain; exempting from the sales tax materials, supplies or equipment used in the construction of the stadium; allocating a taconite tax percentage to be paid to the city of Eveleth to support the hockey hall of fame, specifying conditions and tax duration; authorizing the commissioner of public safety to issue an on-sale intoxicating liquor license to the board for events at spectator suites and clubs in the football stadium; authorizing termination of the lease between the board of regents and the metropolitan sports facilities commission requiring the football team to play home games in the metrodome until a certain date upon completion of the stadium
(rt)