SF 2460 - University of Minnesota Football Stadium - Minnesota Key Vote

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Title: University of Minnesota Football Stadium

Vote Smart's Synopsis:

Vote to adopt a conference report that provides $137.25 million in annual payments of $10.25 million to fund the construction of a football stadium at the University of Minnesota and requires the University of Minnesota to raise $110.75 million in nonstate money to support the stadium's construction. The bill stipulates that the student fee collected to fund the construction of the stadium must equal the bonds issued. It requires the University of Minnesota to establish a fund of $1.5 million for community initiatives that relate to the impacts of the operation of the stadium and requires a report of the impact of the University of Minnesota on the surrounding community. Additionally, the bill imposes a .20 cent tax on every ton of taxable taconite to support the Hockey Hall of Fame in the city of Eveleth.

See How Your Politicians Voted

Title: University of Minnesota Football Stadium

Vote Smart's Synopsis:

Vote to adopt a conference report that provides $137.25 million in annual payments of $10.25 million to fund the construction of a football stadium at the University of Minnesota and requires the University of Minnesota to raise $110.75 million in nonstate money to support the stadium's construction. The bill stipulates that the student fee collected to fund the construction of the stadium must equal the bonds issued. It requires the University of Minnesota to establish a fund of $1.5 million for community initiatives that relate to the impacts of the operation of the stadium and requires a report of the impact of the University of Minnesota on the surrounding community. Additionally, the bill imposes a .20 cent tax on every ton of taxable taconite to support the Hockey Hall of Fame in the city of Eveleth.

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Title: University of Minnesota Football Stadium

Vote Smart's Synopsis:

Vote to pass a bill that provides $124 million in annual payments of $9.4 million to fund the construction of a football stadium at the University of Minnesota and requires the university to raise $124 million in nonstate money to fund the stadium's construction. The bill stipulates that the student fee collected to fund the construction of the stadium must equal the bonds issued by the University of Minnesota.

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Title: University of Minnesota Football Stadium

Vote Smart's Synopsis:

Vote to pass a bill that provides $248 million in yearly payments of $12.9 million to fund the construction of a football stadium at the University of Minnesota. The bill also requires the University of Minnesota to raise $75.3 million in non-state funds to pay for the stadium. Stipulates that the funds raised by the University of Minnesota may not come from increased student fees or from selling the naming rights to the stadium. Requires the name of the stadium to be "Veterans' Memorial Stadium."

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