Posted: Friday January 24, 2014 10:52 PM

Vikings Stadium bond sale expected Monday

Decrease font Decrease font
Enlarge font Enlarge font

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.

 
SI.com
Hot Topics: Boston Marathon NBA Playoffs NHL Playoffs LaMarcus Aldridge Dwyane Wade Carlos Gomez
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Read our privacy guidelines, your California privacy rights, and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint