Updated Jan 24, 2014 - 7:29 pm
Vikings Stadium bond sale expected Monday
ST. PAUL, Minn. (AP) - Minnesota plans to begin selling bonds for the new $1 billion Vikings stadium on Monday after a two-week delay.
The sale was held up by a last-minute legal challenge filed Jan. 10 before the Minnesota Supreme Court by three Minneapolis residents who claimed the funding mechanism for the stadium was unconstitutional. The state decided to delay the $468 million bond sale until the legal issues could be resolved. The court dismissed the lawsuit on Tuesday.
John Pollard, spokesman for Minnesota Management and Budget, tells the Star Tribune ( http://strib.mn/1awIZpJ) the sale is now expected to go through on Monday.
The stadium, on the Metrodome site in downtown Minneapolis, has a planned opening of July 2016.
(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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