<a id="pl.1.3"></a><var>1.3</var>Minnesota; establishing the Minnesota Stadium Authority;amending Minnesota <br/>
<a id="pl.1.4"></a><var>1.4</var>Statutes 2008, sections 128C.24; 297A.71, by adding a subdivision; 473.551, by <br/>
<a id="pl.1.5"></a><var>1.5</var>adding subdivisions; 473.552; 473.553, subdivisions 2, 3; 473.556, subdivision <br/>
<a id="pl.1.6"></a><var>1.6</var>5; 473.561; 473.581, subdivision 2; 473.5995, by adding a subdivision; Laws <br/>
<a id="pl.1.7"></a><var>1.7</var>1986, chapter 396, section 4, subdivision 3; proposing coding for new law in <br/>
<a id="pl.1.8"></a><var>1.8</var>Minnesota Statutes, chapters 349A; 473.<br/>
<a id="pl.1.9"></a><var>1.9</var>BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:<br/>
<br/>
<a id="bill.0.1.0"></a><a id="pl.1.10"></a><var>1.10</var>    Section 1. Minnesota Statutes 2008, section 128C.24, is amended to read:<br/>
<a id="pl.1.11"></a><var>1.11</var><b>128C.24 </b><b>LEAGUE FUNDS TRANSFER</b><b> FINANCIAL ASSISTANCE</b><b>.</b><br/>
<a id="pl.1.12"></a><var>1.12</var>    Subdivision 1. <b>Foundation grants; sales tax savings.</b> Beginning July 1, 2007, <br/>
<a id="pl.1.13"></a><var>1.13</var>the Minnesota State High School League shall annually determine the sales tax savings <br/>
<a id="pl.1.14"></a><var>1.14</var>attributable to section 
         <statute_ref>297A.70, subdivision 11</statute_ref>, and annually transfer that amount to <br/>
<a id="pl.1.15"></a><var>1.15</var>a nonprofit charitable foundation created for the purpose of promoting high school <br/>
<a id="pl.1.16"></a><var>1.16</var>extracurricular activities. The funds must be used by the foundation to make grants to <br/>
<a id="pl.1.17"></a><var>1.17</var>fund, assist, recognize, or promote high school students' participation in extracurricular <br/>
<a id="pl.1.18"></a><var>1.18</var>activities. The first priority for funding will be grants for scholarships to individuals to <br/>
<a id="pl.1.19"></a><var>1.19</var>offset athletic fees. The foundation must equitably award grants based on considerations <br/>
<a id="pl.1.20"></a><var>1.20</var>of gender balance, school size, and geographic location, to the extent feasible.<br/>
<a id="pl.1.21"></a><var>1.21</var>    Subd. 2. <b>League grants for participation.</b> Money paid to the league under section <br/>
<a id="pl.1.22"></a><var>1.22</var>473.5814 must be used to provide need-based financial assistance to Minnesota students <br/>
<a id="pl.1.23"></a><var>1.23</var>who participate in league-sanctioned activities. The league must establish grant program <br/>
<a id="pl.1.24"></a><var>1.24</var>criteria, procedures, and award maximums. If a student is awarded a grant, the league <br/>
<a id="pl.1.25"></a><var>1.25</var>must make it to the school directly and the school must then waive participation fees <br/>
<a id="pl.1.26"></a><var>1.26</var>for that student.<br/>
<br/>
<a id="bill.0.2.0"></a><a id="pl.2.1"></a><var>2.1</var>    Sec. 2. Minnesota Statutes 2008, section 297A.71, is amended by adding a subdivision <br/>
<a id="pl.2.2"></a><var>2.2</var>to read:<br/>
<a id="pl.2.3"></a><var>2.3</var>    Subd. 42. <b>Football stadium building materials.</b> Materials and supplies used <br/>
<a id="pl.2.4"></a><var>2.4</var>or consumed in, and equipment incorporated into, the construction or improvement of <br/>
<a id="pl.2.5"></a><var>2.5</var>the football stadium and public infrastructure constructed pursuant to sections 473.551 <br/>
<a id="pl.2.6"></a><var>2.6</var>to 473.5814 are exempt. This subdivision expires one year after the date that the first <br/>
<a id="pl.2.7"></a><var>2.7</var>National Football League game is played in the stadium for materials, supplies, and <br/>
<a id="pl.2.8"></a><var>2.8</var>equipment used in the stadium, and five years after the issuance of the first bonds under <br/>
<a id="pl.2.9"></a><var>2.9</var>section 473.5812 for materials, supplies, and equipment used in the public infrastructure.<br/>
<br/>
<a id="bill.0.3.0"></a><a id="pl.2.10"></a><var>2.10</var>    Sec. 3. <b>[349A.17] STADIUM OR FOOTBALL THEME GAME.</b><br/>
<a id="pl.2.11"></a><var>2.11</var>The Minnesota lottery shall conduct an annual game based on stadium themes or <br/>
<a id="pl.2.12"></a><var>2.12</var>professional football themes. An amount raised from the conduct of the annual sports <br/>
<a id="pl.2.13"></a><var>2.13</var>themed game, equal to but not to exceed $5,500,000 per year, from the lottery's annual <br/>
<a id="pl.2.14"></a><var>2.14</var>contributions to the state general fund is transferred each year to the stadium account <br/>
<a id="pl.2.15"></a><var>2.15</var>established in section 473.5995, subdivision 1, until the bonds sold by the Metropolitan <br/>
<a id="pl.2.16"></a><var>2.16</var>Council for acquisition and betterment of a football stadium have been defeased or retired.<br/>
<br/>
<a id="bill.0.4.0"></a><a id="pl.2.17"></a><var>2.17</var>    Sec. 4. Minnesota Statutes 2008, section 473.551, is amended by adding a subdivision <br/>
<a id="pl.2.18"></a><var>2.18</var>to read:<br/>
<a id="pl.2.19"></a><var>2.19</var>    Subd. 18. <b>Football stadium.</b> "Football stadium" means the stadium suitable for <br/>
<a id="pl.2.20"></a><var>2.20</var>professional football in the city of Minneapolis, designed, constructed, and financed under <br/>
<a id="pl.2.21"></a><var>2.21</var>sections 473.551 to 473.599, and owned by the commission.<br/>
<br/>
<a id="bill.0.5.0"></a><a id="pl.2.22"></a><var>2.22</var>    Sec. 5. Minnesota Statutes 2008, section 473.551, is amended by adding a subdivision <br/>
<a id="pl.2.23"></a><var>2.23</var>to read:<br/>
<a id="pl.2.24"></a><var>2.24</var>    Subd. 19. <b>Football team.</b> "Football team" means the National Football League <br/>
<a id="pl.2.25"></a><var>2.25</var>professional team known on the effective date of this section as the Minnesota Vikings, its <br/>
<a id="pl.2.26"></a><var>2.26</var>owners and operators, or any team owned and operated by someone who purchases or <br/>
<a id="pl.2.27"></a><var>2.27</var>otherwise takes ownership or control of or reconstitutes the professional football team <br/>
<a id="pl.2.28"></a><var>2.28</var>known as the Minnesota Vikings.<br/>
<br/>
<a id="bill.0.6.0"></a><a id="pl.2.29"></a><var>2.29</var>    Sec. 6. Minnesota Statutes 2008, section 473.551, is amended by adding a subdivision <br/>
<a id="pl.2.30"></a><var>2.30</var>to read:<br/>
<a id="pl.3.1"></a><var>3.1</var>    Subd. 20. <b>Development area for the football stadium.</b> "Development area" or <br/>
<a id="pl.3.2"></a><var>3.2</var>"development area for the football stadium" means the football stadium site and any <br/>
<a id="pl.3.3"></a><var>3.3</var>adjacent area designated by the commission.<br/>
<br/>
<a id="bill.0.7.0"></a><a id="pl.3.4"></a><var>3.4</var>    Sec. 7. Minnesota Statutes 2008, section 473.551, is amended by adding a subdivision <br/>
<a id="pl.3.5"></a><var>3.5</var>to read:<br/>
<a id="pl.3.6"></a><var>3.6</var>    Subd. 21. <b>Public infrastructure for the football stadium.</b> "Public infrastructure" <br/>
<a id="pl.3.7"></a><var>3.7</var>or "public infrastructure for the football stadium" means property, facilities, and <br/>
<a id="pl.3.8"></a><var>3.8</var>improvements determined by the commission to facilitate the development and use of the <br/>
<a id="pl.3.9"></a><var>3.9</var>football stadium, including but not limited to property and improvements for drainage, <br/>
<a id="pl.3.10"></a><var>3.10</var>environmental remediation, parking, roadways, walkways, skyways, pedestrian bridges, <br/>
<a id="pl.3.11"></a><var>3.11</var>bicycle paths, and transit improvements to facilitate public access to the stadium, lighting, <br/>
<a id="pl.3.12"></a><var>3.12</var>landscaping, utilities, streets, and streetscapes.<br/>
<br/>
<a id="bill.0.8.0"></a><a id="pl.3.13"></a><var>3.13</var>    Sec. 8. Minnesota Statutes 2008, section 473.551, is amended by adding a subdivision <br/>
<a id="pl.3.14"></a><var>3.14</var>to read:<br/>
<a id="pl.3.15"></a><var>3.15</var>    Subd. 22. <b>Streetscape.</b> "Streetscape" means improvements to streets and sidewalks <br/>
<a id="pl.3.16"></a><var>3.16</var>or other public right-of-way for the purpose of enhancing the movement, safety, <br/>
<a id="pl.3.17"></a><var>3.17</var>convenience, or enjoyment of the football stadium patrons and other pedestrians, including <br/>
<a id="pl.3.18"></a><var>3.18</var>decorative lighting and surfaces, plantings, display and exhibit space, adornments, seating, <br/>
<a id="pl.3.19"></a><var>3.19</var>and transit and bus shelters.<br/>
<br/>
<a id="bill.0.9.0"></a><a id="pl.3.20"></a><var>3.20</var>    Sec. 9. Minnesota Statutes 2008, section 473.552, is amended to read:<br/>
<a id="pl.3.21"></a><var>3.21</var><b>473.552 LEGISLATIVE POLICY; PURPOSE.</b><br/>
<a id="pl.3.22"></a><var>3.22</var>The legislature finds that<br/>
<a id="pl.3.23"></a><var>3.23</var>(a) the population in the metropolitan area has a need for sports facilities and that this <br/>
<a id="pl.3.24"></a><var>3.24</var>need cannot be met adequately by the activities of individual municipalities, by agreements <br/>
<a id="pl.3.25"></a><var>3.25</var>among municipalities, or by the private efforts of the people in the metropolitan area,<br/>
<a id="pl.3.26"></a><var>3.26</var>(b) the commission's ownership and operation of the Metrodome and met center has <br/>
<a id="pl.3.27"></a><var>3.27</var>met in part the foregoing need and has promoted the economic and social interests of the <br/>
<a id="pl.3.28"></a><var>3.28</var>metropolitan area, of the state, and of the public, and<br/>
<a id="pl.3.29"></a><var>3.29</var>(c) the commission's acquisition of the basketball and hockey arena, construction, <br/>
<a id="pl.3.30"></a><var>3.30</var>and operation of a professional football stadium for use by the football team on the terms <br/>
<a id="pl.3.31"></a><var>3.31</var>and conditions provided in sections 
         <statute_ref>473.598</statute_ref> and 
<statute_ref>473.599</statute_ref> 473.5812 to 473.5814 shall <br/>
<a id="pl.3.32"></a><var>3.32</var>similarly and more fully meet the foregoing needs and promote these interests.  <br/>
<a id="pl.4.1"></a><var>4.1</var>It is therefore necessary for the public health, safety and general welfare to establish <br/>
<a id="pl.4.2"></a><var>4.2</var>a procedure for the acquisition and betterment of sports facilities and to create a <br/>
<a id="pl.4.3"></a><var>4.3</var>Metropolitan Sports Facilities Commission.<br/>
<br/>
<a id="bill.0.10.0"></a><a id="pl.4.4"></a><var>4.4</var>    Sec. 10. Minnesota Statutes 2008, section 473.553, subdivision 2, is amended to read:<br/>
<a id="pl.4.5"></a><var>4.5</var>    Subd. 2. <b>Membership.</b> The commission shall consist of six members, appointed <br/>
<a id="pl.4.6"></a><var>4.6</var>by the Minneapolis city council of the city in which the stadium is located plus a chair <br/>
<a id="pl.4.7"></a><var>4.7</var>appointed as provided in subdivision 3.<br/>
<br/>
<a id="bill.0.11.0"></a><a id="pl.4.8"></a><var>4.8</var>    Sec. 11. Minnesota Statutes 2008, section 473.553, subdivision 3, is amended to read:<br/>
<a id="pl.4.9"></a><var>4.9</var>    Subd. 3. <b>Chair.</b> The chair shall be appointed by the governor as the ninth voting <br/>
<a id="pl.4.10"></a><var>4.10</var>member and shall meet all of the qualifications of a member, except the chair need only <br/>
<a id="pl.4.11"></a><var>4.11</var>reside outside the city of Minneapolis. The mayor of the city of Minneapolis, or the <br/>
<a id="pl.4.12"></a><var>4.12</var>mayor's designee, shall serve as the chair of the commission. The chair shall preside at all <br/>
<a id="pl.4.13"></a><var>4.13</var>meetings of the commission, if present, and shall perform all other duties and functions <br/>
<a id="pl.4.14"></a><var>4.14</var>assigned by the commission or by law. The commission may appoint from among its <br/>
<a id="pl.4.15"></a><var>4.15</var>members a vice-chair to act for the chair during temporary absence or disability.<br/>
<br/>
<a id="bill.0.12.0"></a><a id="pl.4.16"></a><var>4.16</var>    Sec. 12. Minnesota Statutes 2008, section 473.556, subdivision 5, is amended to read:<br/>
<a id="pl.4.17"></a><var>4.17</var>    Subd. 5. <b>Facility operation.</b> The commission may equip, improve, operate, <br/>
<a id="pl.4.18"></a><var>4.18</var>manage, maintain, and control the Metrodome, Met Center, basketball and hockey arena <br/>
<a id="pl.4.19"></a><var>4.19</var>football stadium, and sports facilities constructed, remodeled, or acquired under the <br/>
<a id="pl.4.20"></a><var>4.20</var>provisions of sections 
         <statute_ref>473.551</statute_ref> to 
         <statute_ref>473.599</statute_ref>.  <br/>
<br/>
<a id="bill.0.13.0"></a><a id="pl.4.21"></a><var>4.21</var>    Sec. 13. Minnesota Statutes 2008, section 473.561, is amended to read:<br/>
<a id="pl.4.22"></a><var>4.22</var><b>473.561 EXEMPTION FROM COUNCIL REVIEW</b><b>; BUSINESS SUBSIDY </b><br/>
<a id="pl.4.23"></a><var>4.23</var><b>ACT; CHARTER LIMITATIONS</b><b>.</b><br/>
<a id="pl.4.24"></a><var>4.24</var>The acquisition and betterment of sports facilities by the commission shall be <br/>
<a id="pl.4.25"></a><var>4.25</var>conducted pursuant to sections 
         <statute_ref>473.551</statute_ref> to 
         <statute_ref>473.599</statute_ref> and shall not be affected by the <br/>
<a id="pl.4.26"></a><var>4.26</var>provisions of sections 
         <statute_ref>473.165</statute_ref> and 
         <statute_ref>473.173</statute_ref>. Section 116J.994 does not apply to any <br/>
<a id="pl.4.27"></a><var>4.27</var>transactions of the commission, the city of Minneapolis, or other governmental entity <br/>
<a id="pl.4.28"></a><var>4.28</var>related to the stadium or public infrastructure, or to any tenant or other users of them. The <br/>
<a id="pl.4.29"></a><var>4.29</var>city of Minneapolis may spend money for acquisition, design, construction, and operation <br/>
<a id="pl.4.30"></a><var>4.30</var>of the football stadium, notwithstanding any limitation in its home rule charter. Actions <br/>
<a id="pl.4.31"></a><var>4.31</var>taken by the city under sections 473.551 to 473.599, in a planning or regulatory capacity, <br/>
<a id="pl.4.32"></a><var>4.32</var>actions for which fair market value reimbursement is provided or for which standard fees <br/>
<a id="pl.5.1"></a><var>5.1</var>are collected, and any tax exemptions established under sections 473.551 to 473.599, <br/>
<a id="pl.5.2"></a><var>5.2</var>are deemed not to be an expenditure or other use of city resources within the meaning <br/>
<a id="pl.5.3"></a><var>5.3</var>of any charter limitation. <br/>
<br/>
<a id="bill.0.14.0"></a><a id="pl.5.4"></a><var>5.4</var>    Sec. 14. Minnesota Statutes 2008, section 473.581, subdivision 2, is amended to read:<br/>
<a id="pl.5.5"></a><var>5.5</var>    Subd. 2. <b>Procedure.</b> The bonds shall be sold, issued, and secured in the manner <br/>
<a id="pl.5.6"></a><var>5.6</var>provided in chapter 475 for bonds payable solely from revenues, except as otherwise <br/>
<a id="pl.5.7"></a><var>5.7</var>provided in sections 
         <statute_ref>473.551</statute_ref> to 
         <statute_ref>473.595</statute_ref>, and the council shall have the same powers and <br/>
<a id="pl.5.8"></a><var>5.8</var>duties as a municipality and its governing body in issuing bonds under that chapter. The <br/>
<a id="pl.5.9"></a><var>5.9</var>bonds may be sold at any price and at public or private sale as determined by the council. <br/>
<a id="pl.5.10"></a><var>5.10</var>They shall be payable solely from tax and other revenues referred to in sections 
         <statute_ref>473.551</statute_ref> to <br/>
<statute_ref><a id="pl.5.11"></a><var>5.11</var>473.595
         </statute_ref>, excepting only the admissions tax and surcharge taxes and revenues related to the <br/>
<a id="pl.5.12"></a><var>5.12</var>basketball and hockey arena provided in section 
<statute_ref>473.595, subdivision 1a</statute_ref>, the taxes for the <br/>
<a id="pl.5.13"></a><var>5.13</var>basketball and hockey arena provided in section 
<statute_ref>473.592</statute_ref>, and other revenues attributable <br/>
<a id="pl.5.14"></a><var>5.14</var>to the basketball and hockey arena football stadium under section 473.5812 to 473.5814. <br/>
<a id="pl.5.15"></a><var>5.15</var>The bonds shall not be a general obligation or debt of the council or of the commission, <br/>
<a id="pl.5.16"></a><var>5.16</var>and shall not be included in the net debt of any city, county, or other subdivision of the <br/>
<a id="pl.5.17"></a><var>5.17</var>state for the purpose of any net debt limitation, provided that nothing herein shall affect <br/>
<a id="pl.5.18"></a><var>5.18</var>the obligation of the city of Minneapolis to levy a tax pursuant to agreements made under <br/>
<a id="pl.5.19"></a><var>5.19</var>the provisions of section 
         <statute_ref>473.592</statute_ref>. No election shall be required. The principal amount <br/>
<a id="pl.5.20"></a><var>5.20</var>shall not be limited except as provided in subdivision 3.  <br/>
<br/>
<a id="bill.0.15.0"></a><a id="pl.5.21"></a><var>5.21</var>    Sec. 15. <b>[473.5812] FOOTBALL STADIUM; COUNCIL DEBT OBLIGATIONS.</b><br/>
<a id="pl.5.22"></a><var>5.22</var>    Subdivision 1. <b>Use of bond proceeds.</b> The council may by resolution authorize the <br/>
<a id="pl.5.23"></a><var>5.23</var>sale and issuance of its bonds for any or all of the following purposes:<br/>
<a id="pl.5.24"></a><var>5.24</var>(1) to provide funds for the acquisition or betterment of a football stadium by the <br/>
<a id="pl.5.25"></a><var>5.25</var>commission pursuant to sections 473.551 to 473.5814;<br/>
<a id="pl.5.26"></a><var>5.26</var>(2) to refund bonds issued under this section; and<br/>
<a id="pl.5.27"></a><var>5.27</var>(3) to fund judgments entered by any court against the commission or against the <br/>
<a id="pl.5.28"></a><var>5.28</var>council in matters relating to the commission's functions related to the football stadium.<br/>
<a id="pl.5.29"></a><var>5.29</var>    Subd. 2. <b>Amount; procedure.</b> The council may sell and issue bonds in an amount <br/>
<a id="pl.5.30"></a><var>5.30</var>to be determined by the council. The bonds shall be sold, issued, and secured in the <br/>
<a id="pl.5.31"></a><var>5.31</var>manner provided in chapter 475 for bonds payable solely from revenues and the council <br/>
<a id="pl.5.32"></a><var>5.32</var>shall have the same powers and duties as a municipality and its governing body in issuing <br/>
<a id="pl.5.33"></a><var>5.33</var>bonds under that chapter. The bonds may be sold at any price and at public or private sale <br/>
<a id="pl.5.34"></a><var>5.34</var>as determined by the council. The bonds shall not be a general obligation or debt of <br/>
<a id="pl.6.1"></a><var>6.1</var>the council or of the commission, and shall not be included in the net debt of any city, <br/>
<a id="pl.6.2"></a><var>6.2</var>county, or other subdivision of the state for the purpose of any net debt limitation. No <br/>
<a id="pl.6.3"></a><var>6.3</var>election is required.<br/>
<a id="pl.6.4"></a><var>6.4</var>    Subd. 3. <b>Prerequisite.</b> The council must not sell and issue bonds under this section <br/>
<a id="pl.6.5"></a><var>6.5</var>until the council determines that the criteria and conditions in section 473.5814 have <br/>
<a id="pl.6.6"></a><var>6.6</var>been met.<br/>
<a id="pl.6.7"></a><var>6.7</var>    Subd. 4. <b>Security; maturity.</b> The council may pledge to the payment of the bonds <br/>
<a id="pl.6.8"></a><var>6.8</var>money in the escrow account and money pledged by the city of Minneapolis under section <br/>
<a id="pl.6.9"></a><var>6.9</var>473.5814, money appropriated to the council in the football stadium account in section <br/>
<a id="pl.6.10"></a><var>6.10</var>473.5995, and any other revenues from leases, rents, or other sources available to the <br/>
<a id="pl.6.11"></a><var>6.11</var>council for debt service. Notwithstanding section 475.54, the bonds may mature at not <br/>
<a id="pl.6.12"></a><var>6.12</var>later than 40 years from the date of issue, or the useful life of the asset, whichever is less. <br/>
<a id="pl.6.13"></a><var>6.13</var>The bonds must recite that they are issued under this section and section 473.5814, and <br/>
<a id="pl.6.14"></a><var>6.14</var>the recital is conclusive as to the validity of the bonds and the imposition and pledge of <br/>
<a id="pl.6.15"></a><var>6.15</var>the revenues for their payment.<br/>
<br/>
<a id="bill.0.16.0"></a><a id="pl.6.16"></a><var>6.16</var>    Sec. 16. <b>[473.5814] CRITERIA AND CONDITIONS.</b><br/>
<a id="pl.6.17"></a><var>6.17</var>    Subdivision 1. <b>Binding and enforceable.</b> In developing the stadium and entering <br/>
<a id="pl.6.18"></a><var>6.18</var>into related contracts, the commission must follow and enforce the criteria and conditions <br/>
<a id="pl.6.19"></a><var>6.19</var>in this section, provided that a determination by the council that those criteria or conditions <br/>
<a id="pl.6.20"></a><var>6.20</var>have been met under any agreement or otherwise shall be conclusive. All financing and <br/>
<a id="pl.6.21"></a><var>6.21</var>use agreements between the council, commission, city of Minneapolis, and the football <br/>
<a id="pl.6.22"></a><var>6.22</var>team must be executed by September 1, 2010.<br/>
<a id="pl.6.23"></a><var>6.23</var>    Subd. 2. <b>Football team contribution.</b> The football team must agree to deposit into <br/>
<a id="pl.6.24"></a><var>6.24</var>an escrow account an amount sufficient to pay at least the first ten years of debt service <br/>
<a id="pl.6.25"></a><var>6.25</var>on bonds issued by the council under section 473.5812. Money in the escrow account is <br/>
<a id="pl.6.26"></a><var>6.26</var>for the sole benefit and purpose of paying debt service on bonds issued by the council for <br/>
<a id="pl.6.27"></a><var>6.27</var>acquisition and betterment of a football stadium.<br/>
<a id="pl.6.28"></a><var>6.28</var>    Subd. 3. <b>Team contribution to student athletics.</b> In addition to the contribution <br/>
<a id="pl.6.29"></a><var>6.29</var>under subdivision 2, the team must transfer to  the Minnesota State High School League <br/>
<a id="pl.6.30"></a><var>6.30</var>under section 128C.24, subdivision 2, an amount equal to five percent of the amount <br/>
<a id="pl.6.31"></a><var>6.31</var>placed in escrow by the team under subdivision 2.<br/>
<a id="pl.6.32"></a><var>6.32</var>    Subd. 4. <b>Minneapolis hospitality taxes pledged.</b> After the bonds issued to build <br/>
<a id="pl.6.33"></a><var>6.33</var>the Minneapolis Convention Center have been defeased or retired, the city of Minneapolis <br/>
<a id="pl.6.34"></a><var>6.34</var>must agree to pay to the commission or council 58.5 percent of the money raised under <br/>
<a id="pl.6.35"></a><var>6.35</var>Laws 1986, chapter 396, section 4, as amended in this act. The commission or council <br/>
<a id="pl.7.1"></a><var>7.1</var>must use this money only to pay capital and operating costs, including any debt service <br/>
<a id="pl.7.2"></a><var>7.2</var>due, of the football stadium constructed under this chapter.<br/>
<a id="pl.7.3"></a><var>7.3</var>    Subd. 5. <b>Local sales tax exemption.</b> No local sales or use tax may be imposed on <br/>
<a id="pl.7.4"></a><var>7.4</var>sales at the stadium site, except a general sales tax permitted under section 297A.99.<br/>
<a id="pl.7.5"></a><var>7.5</var>    Subd. 6. <b>Lease or use agreements; 40-year term.</b> The commission must enter into <br/>
<a id="pl.7.6"></a><var>7.6</var>a long-term lease or use agreement with the football team for the football team's use of <br/>
<a id="pl.7.7"></a><var>7.7</var>the stadium. The football team must agree to play all regularly scheduled and postseason <br/>
<a id="pl.7.8"></a><var>7.8</var>home games at the stadium. Preseason games may also be scheduled and played at the <br/>
<a id="pl.7.9"></a><var>7.9</var>stadium. The lease or use agreement must be for a term of at least 40 years from the <br/>
<a id="pl.7.10"></a><var>7.10</var>date of stadium completion. The lease or use agreement must include terms for default, <br/>
<a id="pl.7.11"></a><var>7.11</var>termination, and breach of the agreement. Recognizing that the presence of professional <br/>
<a id="pl.7.12"></a><var>7.12</var>football provides to the state of Minnesota and its citizens highly valued, intangible <br/>
<a id="pl.7.13"></a><var>7.13</var>benefits that are virtually impossible to quantify and, therefore, not recoverable in the <br/>
<a id="pl.7.14"></a><var>7.14</var>event of a football team owner's breach of contract, the lease and use agreements must <br/>
<a id="pl.7.15"></a><var>7.15</var>provide for specific performance and injunctive relief to enforce provisions relating to use <br/>
<a id="pl.7.16"></a><var>7.16</var>of the stadium for professional football and must not include escape clauses or buyout <br/>
<a id="pl.7.17"></a><var>7.17</var>provisions. The football team must not enter into or accept any agreement or requirement <br/>
<a id="pl.7.18"></a><var>7.18</var>with or from the National Football League or any other entity that is inconsistent with <br/>
<a id="pl.7.19"></a><var>7.19</var>the football team's binding commitment to the 40-year term of the lease or use agreement <br/>
<a id="pl.7.20"></a><var>7.20</var>or that would in any manner dilute, interfere with, or negate the provisions of the lease <br/>
<a id="pl.7.21"></a><var>7.21</var>or use agreement that includes a specific performance clause, providing for specific <br/>
<a id="pl.7.22"></a><var>7.22</var>performance or injunctive relief. The legislature conclusively determines, as a matter of <br/>
<a id="pl.7.23"></a><var>7.23</var>public policy, that the lease or use agreement, and any grant agreement under this chapter <br/>
<a id="pl.7.24"></a><var>7.24</var>that includes a specific performance clause:<br/>
<a id="pl.7.25"></a><var>7.25</var>(1) explicitly authorize specific performance as a remedy for breach;<br/>
<a id="pl.7.26"></a><var>7.26</var>(2) are made for adequate consideration and upon terms which are otherwise fair <br/>
<a id="pl.7.27"></a><var>7.27</var>and reasonable;<br/>
<a id="pl.7.28"></a><var>7.28</var>(3) have not been included through sharp practice, misrepresentation, or mistake;<br/>
<a id="pl.7.29"></a><var>7.29</var>(4) if specifically enforced, do not cause unreasonable or disproportionate hardship <br/>
<a id="pl.7.30"></a><var>7.30</var>or loss to the football team or to third parties; and<br/>
<a id="pl.7.31"></a><var>7.31</var>(5) involve performance in such a manner and the rendering of services of such <br/>
<a id="pl.7.32"></a><var>7.32</var>a nature and under such circumstances that the beneficiary cannot be adequately <br/>
<a id="pl.7.33"></a><var>7.33</var>compensated in damages.<br/>
<a id="pl.7.34"></a><var>7.34</var>    Subd. 7. <b>Lease or use agreements; revenues; payments.</b> The commission must <br/>
<a id="pl.7.35"></a><var>7.35</var>provide in the lease or use agreements with the football team that the football team pay <br/>
<a id="pl.7.36"></a><var>7.36</var>for use of the stadium as follows: an amount to be determined by the commission in the <br/>
<a id="pl.8.1"></a><var>8.1</var>first year, and an amount each year thereafter necessary to cover actual and projected <br/>
<a id="pl.8.2"></a><var>8.2</var>operational costs. The commission must agree to provide for the football team to receive <br/>
<a id="pl.8.3"></a><var>8.3</var>all game-day revenues, suite revenues, and proceeds from the sale of naming rights. The <br/>
<a id="pl.8.4"></a><var>8.4</var>agreement must provide for the commission to receive all general ticket revenues from <br/>
<a id="pl.8.5"></a><var>8.5</var>nonprofessional football games or events.<br/>
<a id="pl.8.6"></a><var>8.6</var>    Subd. 8. <b>Notice of breach or default.</b> Until 40 years from the date of stadium <br/>
<a id="pl.8.7"></a><var>8.7</var>completion, the football team must provide written notice to the commission not less than <br/>
<a id="pl.8.8"></a><var>8.8</var>90 days prior to any action, including any action imposed upon the football team by the <br/>
<a id="pl.8.9"></a><var>8.9</var>National Football League, that would result in a breach or default of provisions of the <br/>
<a id="pl.8.10"></a><var>8.10</var>lease or use agreements required to be included under this section. If this notice provision <br/>
<a id="pl.8.11"></a><var>8.11</var>is violated and the football team has already breached or been in default under the required <br/>
<a id="pl.8.12"></a><var>8.12</var>provisions, the commission or the state of Minnesota is authorized to specifically enforce <br/>
<a id="pl.8.13"></a><var>8.13</var>the lease or use agreement and Minnesota courts are authorized and directed to fashion <br/>
<a id="pl.8.14"></a><var>8.14</var>equitable remedies so that the football team may fulfill the conditions of the lease and use <br/>
<a id="pl.8.15"></a><var>8.15</var>agreements including, but not limited to, remedies against the National Football League.<br/>
<a id="pl.8.16"></a><var>8.16</var>    Subd. 9. <b>Enforceable financial commitments.</b> The commission must determine <br/>
<a id="pl.8.17"></a><var>8.17</var>before stadium construction begins that all public and private funding sources for <br/>
<a id="pl.8.18"></a><var>8.18</var>construction of the stadium are included in written agreements. The committed funds must <br/>
<a id="pl.8.19"></a><var>8.19</var>be adequate to acquire, design, construct, furnish, and equip the stadium.<br/>
<a id="pl.8.20"></a><var>8.20</var>    Subd. 10. <b>Council and commission access to football team financial information.</b><br/>
<a id="pl.8.21"></a><var>8.21</var>The lease or use agreement must provide the council and commission access to annual <br/>
<a id="pl.8.22"></a><var>8.22</var>audited financial statements of the football team and other financial books and records that <br/>
<a id="pl.8.23"></a><var>8.23</var>the council or commission deems necessary to determine compliance by the football team <br/>
<a id="pl.8.24"></a><var>8.24</var>with sections 473.551 to 473.599, and to enforce the terms of any lease or use agreements <br/>
<a id="pl.8.25"></a><var>8.25</var>entered into under sections 473.551 to 473.599. Any financial information obtained by the <br/>
<a id="pl.8.26"></a><var>8.26</var>authority under this subdivision is nonpublic data under section 
<statute_ref>13.02</statute_ref>, subdivision 9.<br/>
<a id="pl.8.27"></a><var>8.27</var>    Subd. 11. <b>Environmental planning and zoning.</b> (a) The commission shall be the <br/>
<a id="pl.8.28"></a><var>8.28</var>responsible governmental unit for any environmental impact statement for the football <br/>
<a id="pl.8.29"></a><var>8.29</var>stadium prepared under section 116D.04. Notwithstanding section 116D.04, subdivision <br/>
<a id="pl.8.30"></a><var>8.30</var>2b, and implementing rules: (1) the environmental impact statement shall not be required <br/>
<a id="pl.8.31"></a><var>8.31</var>to consider alternative football stadium sites; and (2) the environmental impact statement <br/>
<a id="pl.8.32"></a><var>8.32</var>must be determined to be adequate before commencing work on the foundation of the <br/>
<a id="pl.8.33"></a><var>8.33</var>football stadium, but the football stadium and public infrastructure may otherwise be <br/>
<a id="pl.8.34"></a><var>8.34</var>started and all preliminary and final government decisions and actions may be made and <br/>
<a id="pl.8.35"></a><var>8.35</var>taken, including but not limited to acquiring land, obtaining financing, granting permits <br/>
<a id="pl.8.36"></a><var>8.36</var>or other land use approvals, entering into grant, lease, or use agreements, or preparing <br/>
<a id="pl.9.1"></a><var>9.1</var>the site or related public infrastructure prior to a determination of the adequacy of the <br/>
<a id="pl.9.2"></a><var>9.2</var>environmental impact statement. <br/>
<a id="pl.9.3"></a><var>9.3</var>(b) In order to accomplish the objectives of sections 473.551 to 473.599 within <br/>
<a id="pl.9.4"></a><var>9.4</var>the shortest possible time frame, it is necessary to establish an alternative process for <br/>
<a id="pl.9.5"></a><var>9.5</var>municipal land use and development review. It is hereby found and declared that the <br/>
<a id="pl.9.6"></a><var>9.6</var>construction of a football stadium within the development area is consistent with the <br/>
<a id="pl.9.7"></a><var>9.7</var>adopted area plan, is the preferred football stadium location, and is a permitted land use. <br/>
<a id="pl.9.8"></a><var>9.8</var>This subdivision establishes a procedure for all land use and development reviews and <br/>
<a id="pl.9.9"></a><var>9.9</var>approvals by the municipality for the football stadium and public infrastructure and <br/>
<a id="pl.9.10"></a><var>9.10</var>supersedes all land use and development rules and restrictions and procedures imposed <br/>
<a id="pl.9.11"></a><var>9.11</var>by other law, charter, or ordinance, including without limitation section 15.99. No later <br/>
<a id="pl.9.12"></a><var>9.12</var>than 30 days after enactment, the commission shall establish a stadium implementation <br/>
<a id="pl.9.13"></a><var>9.13</var>committee to make recommendations on the design plans submitted for the stadium, <br/>
<a id="pl.9.14"></a><var>9.14</var>public infrastructure and related improvements, including but not limited to street <br/>
<a id="pl.9.15"></a><var>9.15</var>vacation, parking, roadways, walkways, skyways, pedestrian bridges, bicycle paths, <br/>
<a id="pl.9.16"></a><var>9.16</var>transit improvements to facilitate public street access to the stadium and integration into <br/>
<a id="pl.9.17"></a><var>9.17</var>the transportation plan for the municipality and the region, lighting, landscaping, utilities, <br/>
<a id="pl.9.18"></a><var>9.18</var>streets, drainage, environmental remediation, and land acquired and prepared for private <br/>
<a id="pl.9.19"></a><var>9.19</var>redevelopment in a manner related to the use of the football stadium. The implementation <br/>
<a id="pl.9.20"></a><var>9.20</var>committee must take action to issue its recommendations within the time frames <br/>
<a id="pl.9.21"></a><var>9.21</var>established in the planning and construction timetable issued by the commission which <br/>
<a id="pl.9.22"></a><var>9.22</var>shall provide for no less than 60 days for the committee's review. The recommendations <br/>
<a id="pl.9.23"></a><var>9.23</var>of the implementation committee shall be forwarded to the municipality's planning <br/>
<a id="pl.9.24"></a><var>9.24</var>commission for an advisory recommendation and then to the municipality's governing <br/>
<a id="pl.9.25"></a><var>9.25</var>body for final action in a single resolution, which final action must be taken within 45 days <br/>
<a id="pl.9.26"></a><var>9.26</var>of the submission of the recommendations to the planning commission. The governing <br/>
<a id="pl.9.27"></a><var>9.27</var>body of the municipality shall not impose any unnecessary or unreasonable conditions on <br/>
<a id="pl.9.28"></a><var>9.28</var>the recommendations of the implementation committee, nor take any action or impose any <br/>
<a id="pl.9.29"></a><var>9.29</var>conditions that will result in delay from the time frames established in the planning and <br/>
<a id="pl.9.30"></a><var>9.30</var>construction timetable or in additional overall costs. Failure of the governing body to act <br/>
<a id="pl.9.31"></a><var>9.31</var>within the 45-day period is deemed to be approval. The commission may seek de novo <br/>
<a id="pl.9.32"></a><var>9.32</var>review in the district court of any city council action. The district court or any appellate <br/>
<a id="pl.9.33"></a><var>9.33</var>court shall expedite review to the maximum extent possible and timely issue relief, orders, <br/>
<a id="pl.9.34"></a><var>9.34</var>or opinions as necessary to give effect to the provisions and objectives in this article.<br/>
<a id="pl.10.1"></a><var>10.1</var>    Subd. 12. <b>No strikes; lockouts.</b> The commission must negotiate a public sector <br/>
<a id="pl.10.2"></a><var>10.2</var>project labor agreement or other agreement to prevent strikes and lockouts that would halt, <br/>
<a id="pl.10.3"></a><var>10.3</var>delay, or impede construction of the stadium and related facilities.<br/>
<a id="pl.10.4"></a><var>10.4</var>    Subd. 13. <b>Football team name retained.</b> The lease or use agreement must provide <br/>
<a id="pl.10.5"></a><var>10.5</var>that the football team and National Football League will transfer to the state of Minnesota <br/>
<a id="pl.10.6"></a><var>10.6</var>the Minnesota Vikings' heritage and records, including the name, logo, colors, history, <br/>
<a id="pl.10.7"></a><var>10.7</var>playing records, trophies, and memorabilia in the event of any dissolution or relocation <br/>
<a id="pl.10.8"></a><var>10.8</var>of the Vikings franchise.<br/>
<a id="pl.10.9"></a><var>10.9</var>    Subd. 14. <b>Public share on sale of team.</b> The lease or use agreement must provide <br/>
<a id="pl.10.10"></a><var>10.10</var>that, if the team is sold after the effective date of this article, a portion of the sale price <br/>
<a id="pl.10.11"></a><var>10.11</var>must be paid to the commission and deposited in a reserve fund for improvements to the <br/>
<a id="pl.10.12"></a><var>10.12</var>stadium or expended as the commission may otherwise direct. The portion required to <br/>
<a id="pl.10.13"></a><var>10.13</var>be paid to the commission is 18 percent of the gross sale price, declining to zero ten <br/>
<a id="pl.10.14"></a><var>10.14</var>years after commencement of stadium construction in increments of 1.8 percent each <br/>
<a id="pl.10.15"></a><var>10.15</var>year. The agreement must provide exceptions for sales to members of the owner's family <br/>
<a id="pl.10.16"></a><var>10.16</var>and entities and trusts beneficially owned by family members, sales to employees of <br/>
<a id="pl.10.17"></a><var>10.17</var>equity interests aggregating up to ten percent, and sales related to capital infusions not <br/>
<a id="pl.10.18"></a><var>10.18</var>distributed to the owners.<br/>
<a id="pl.10.19"></a><var>10.19</var>    Subd. 15. <b>Revenues; authority.</b> The commission may identify user based nontax <br/>
<a id="pl.10.20"></a><var>10.20</var>revenues to be assessed for nontax purposes that may be imposed under this subdivision <br/>
<a id="pl.10.21"></a><var>10.21</var>to provide financing for the acquisition, construction, improvement, and operation of the <br/>
<a id="pl.10.22"></a><var>10.22</var>stadium. The commission must deposit any nontax revenues raised under this subdivision <br/>
<a id="pl.10.23"></a><var>10.23</var>in the stadium account, to be made available for the purpose of paying principal, premium, <br/>
<a id="pl.10.24"></a><var>10.24</var>interest, escrows, reserves, and all fees and costs related to the bonds issued under this <br/>
<a id="pl.10.25"></a><var>10.25</var>chapter.<br/>
<br/>
<a id="bill.0.17.0"></a><a id="pl.10.26"></a><var>10.26</var>    Sec. 17. Minnesota Statutes 2008, section 473.5995, is amended by adding a <br/>
<a id="pl.10.27"></a><var>10.27</var>subdivision to read:<br/>
<a id="pl.10.28"></a><var>10.28</var>    Subd. 3. <b>Account funds appropriated.</b> All money in the stadium account is <br/>
<a id="pl.10.29"></a><var>10.29</var>appropriated to the council to pay debt service on bonds issued by the council for the <br/>
<a id="pl.10.30"></a><var>10.30</var>acquisition and betterment of a football stadium, as authorized in sections 473.5812 to <br/>
<a id="pl.10.31"></a><var>10.31</var>473.5814. Money in this account may be pledged to the repayment of the debt.<br/>
<br/>
<a id="bill.0.18.0"></a><a id="pl.10.32"></a><var>10.32</var>    Sec. 18. <b>[473.5996] DEVELOPMENT PARTNERSHIP.</b><br/>
<a id="pl.10.33"></a><var>10.33</var>The city of Minneapolis and the football team may enter into a development <br/>
<a id="pl.10.34"></a><var>10.34</var>partnership in the area surrounding a new stadium, under the following conditions:<br/>
<a id="pl.11.1"></a><var>11.1</var>(1) the city may use all existing development, financial, or other tools available to <br/>
<a id="pl.11.2"></a><var>11.2</var>the city, including funds raised under Laws 1986, chapter 396, section 4, subdivision 3;<br/>
<a id="pl.11.3"></a><var>11.3</var>(2) the development contract is written so as to require eventual repayment of public <br/>
<a id="pl.11.4"></a><var>11.4</var>investments from any subsequent sale of land, businesses, or developments;<br/>
<a id="pl.11.5"></a><var>11.5</var>(3) the development contract is limited to developments attached to, near, or related <br/>
<a id="pl.11.6"></a><var>11.6</var>to the new stadium; and<br/>
<a id="pl.11.7"></a><var>11.7</var>(4) the investment of the city, exclusive of public infrastructure improvements, land, <br/>
<a id="pl.11.8"></a><var>11.8</var>and other necessary improvements agreed to in advance in the negotiated contract, shall <br/>
<a id="pl.11.9"></a><var>11.9</var>be limited to the amount of $1.<br/>
<br/>
<a id="bill.0.19.0"></a><a id="pl.11.10"></a><var>11.10</var>    Sec. 19. Laws 1986, chapter 396, section 4, subdivision 3, is amended to read:<br/>
<a id="pl.11.11"></a><var>11.11</var>    Subd. 3. <b>Use of property.</b> Revenues received from the tax may only be used:<br/>
<a id="pl.11.12"></a><var>11.12</var>    (1) to pay costs of collection;<br/>
<a id="pl.11.13"></a><var>11.13</var>    (2) to pay or secure the payment of any principal of, premium or interest on bonds <br/>
<a id="pl.11.14"></a><var>11.14</var>issued in accordance with this act;<br/>
<a id="pl.11.15"></a><var>11.15</var>    (3) to pay costs to acquire, design, equip, construct, improve, maintain, operate, <br/>
<a id="pl.11.16"></a><var>11.16</var>administer, or promote the convention center or related facilities, including financing <br/>
<a id="pl.11.17"></a><var>11.17</var>costs related to them;<br/>
<a id="pl.11.18"></a><var>11.18</var>(4) to pay capital or operating costs of a stadium designed for professional football, <br/>
<a id="pl.11.19"></a><var>11.19</var>or for infrastructure and facilities related to a stadium designed for professional football, <br/>
<a id="pl.11.20"></a><var>11.20</var>located in the city of Minneapolis;<br/>
<a id="pl.11.21"></a><var>11.21</var>(5) to pay for the provision of police and fire protection service in the downtown <br/>
<a id="pl.11.22"></a><var>11.22</var>taxing district;<br/>
<a id="pl.11.23"></a><var>11.23</var>(6) to pay capital and operating costs of the Target Center, or to defease or retire <br/>
<a id="pl.11.24"></a><var>11.24</var>outstanding debt issued for the Target Center;<br/>
<a id="pl.11.25"></a><var>11.25</var>    (4) (7) to pay reasonable and appropriate costs determined by the city to replace <br/>
<a id="pl.11.26"></a><var>11.26</var>housing removed from the site; and <br/>
<a id="pl.11.27"></a><var>11.27</var>    (5) (8) to maintain reserves for the foregoing purposes deemed reasonable and <br/>
<a id="pl.11.28"></a><var>11.28</var>appropriate by the city.<br/>
<a id="pl.11.29"></a><var>11.29</var>In the event of any amendment to chapter 297A enacted subsequent to the effective date <br/>
<a id="pl.11.30"></a><var>11.30</var>of this act which exempts sales or uses which were taxable under chapter 297A on the <br/>
<a id="pl.11.31"></a><var>11.31</var>effective date of this act, the city may by ordinance extend the tax authorized hereby to <br/>
<a id="pl.11.32"></a><var>11.32</var>any such sales or uses provided that the city council shall have determined that such <br/>
<a id="pl.11.33"></a><var>11.33</var>extension is necessary to provide revenues for the uses to which taxes may be applied <br/>
<a id="pl.11.34"></a><var>11.34</var>under this section and further provided that, in the estimation of the city council, the <br/>
<a id="pl.11.35"></a><var>11.35</var>aggregate annual collections following such extension will not exceed the aggregate <br/>
<a id="pl.12.1"></a><var>12.1</var>annual collections which would have been generated if chapter 297A, as in effect on the <br/>
<a id="pl.12.2"></a><var>12.2</var>effective date of this act, were then in effect. Any revenue bonds issued in accordance <br/>
<a id="pl.12.3"></a><var>12.3</var>with this act may, with the consent of the city council, contain a covenant that the tax will <br/>
<a id="pl.12.4"></a><var>12.4</var>be so extended to the extent necessary to pay principal and interest on the bonds when due.<br/>
<a id="pl.12.5"></a><var>12.5</var>    Money for replacement housing shall be made available by the city only for new <br/>
<a id="pl.12.6"></a><var>12.6</var>construction, conversion of nonresidential buildings, and for rehabilitation of vacant <br/>
<a id="pl.12.7"></a><var>12.7</var>residential structures, only if all of the units in the newly constructed building, converted <br/>
<a id="pl.12.8"></a><var>12.8</var>nonresidential building, or rehabilitated residential structure are to be used for replacement <br/>
<a id="pl.12.9"></a><var>12.9</var>housing.<br/>
<br/>
<a id="bill.0.20.0"></a><a id="pl.12.10"></a><var>12.10</var>    Sec. 20. <b>MINNESOTA STADIUM AUTHORITY.</b><br/>
<a id="pl.12.11"></a><var>12.11</var>    Subdivision 1. <b>Established.</b> The Metropolitan Council shall serve as the Minnesota <br/>
<a id="pl.12.12"></a><var>12.12</var>Stadium Authority to study and make recommendations for a plan for a new professional <br/>
<a id="pl.12.13"></a><var>12.13</var>football stadium. The staff of the council shall provide administrative, technical, and <br/>
<a id="pl.12.14"></a><var>12.14</var>research support to the authority. The authority is subject to Minnesota Statutes, chapters <br/>
<a id="pl.12.15"></a><var>12.15</var>13 and 13D. The authority shall maintain a Web site to provide public information on all <br/>
<a id="pl.12.16"></a><var>12.16</var>actions of the authority and to keep the public informed on meeting times, places, minutes, <br/>
<a id="pl.12.17"></a><var>12.17</var>how to contact the authority, and inviting public participation and comment. <br/>
<a id="pl.12.18"></a><var>12.18</var>    Subd. 2. <b>Duties.</b> The Minnesota Stadium Authority shall conduct hearings on <br/>
<a id="pl.12.19"></a><var>12.19</var>the future stadium needs of the football team. The authority shall receive any plans or <br/>
<a id="pl.12.20"></a><var>12.20</var>proposals for location of a stadium for the football team in a place outside of the city of <br/>
<a id="pl.12.21"></a><var>12.21</var>Minneapolis. The authority shall determine, by January 15, 2011, whether the city of <br/>
<a id="pl.12.22"></a><var>12.22</var>Minneapolis has produced the best possible plan for location of a stadium for the football <br/>
<a id="pl.12.23"></a><var>12.23</var>team, and if that plan is prepared to be implemented. If the authority determines that a <br/>
<a id="pl.12.24"></a><var>12.24</var>different plan or proposal offers superior benefits to the football team and the state, the <br/>
<a id="pl.12.25"></a><var>12.25</var>authority shall prepare legislation to enact that plan or proposal.<br/>
<a id="pl.12.26"></a><var>12.26</var>    Subd. 3. <b>End of duties.</b> The authority shall cease operation upon completion of a <br/>
<a id="pl.12.27"></a><var>12.27</var>stadium plan which is fully funded and prepared to begin construction.<br/>
<br/>
<a id="bill.0.21.0"></a><a id="pl.12.28"></a><var>12.28</var>    Sec. 21. <b>EFFECTIVE DATE.</b><br/>
<a id="pl.12.29"></a><var>12.29</var>Sections 1 to 20 are effective the day following final enactment.<br/>