Session Year 2005, Special Session 1

Bill Name: SF0025

Providing a process for the location, construction, financing and long term use
of a new national football league stadium in the city of Blaine in Anoka county
to be financed as a public private partnership between the state, Anoka county,
surrounding communities, the Minnesota Vikings and other supporting interests;
establishing the Anoka county-Blaine stadium authority, providing for
membership, organization and administration; requiring authority appointment of
an executive director; enumerating the powers of the authority and exempting
authority property from ad valorem taxation; authorizing the city of Blaine
to
issue intoxicating liquor licenses for the stadium; authorizing the authority
to issue bonds and to impose sales and use taxes in the stadium district for
bond payment purposes; authorizing authority establishment of a condominium or
common interest community (CIC); requiring the authority and the Minnesota
Vikings to jointly select a construction manager and specifying certain duties
of the manager; providing for the issuance of bonds by resolution, prescribing
the procedure and specifying certain limits; requiring and providing for
authority
negotiation of a development and financing agreement with the county,
the city and the Vikings and use agreements with the Vikings and the national
football league; authorizing Anoka county to impose certain sales taxes and
parking surcharges for stadium financing purposes; requiring the authority to
ensure compliance with environmental requirements imposed by appropriate
regulatory agencies for sports facilities; exempting sales in the stadium
district and materials and supplies used in the construction of the stadium from
the general sales tax
(mk)