Reporter Rochelle Olson updates you on the construction of the new Minnesota Vikings stadium in downtown Minneapolis.

Vikings, stadium authority close to completing agreements

Posted by: Richard Meryhew Updated: October 2, 2013 - 7:45 PM

Attorneys representing the Minnesota Sports Facilities Authority and the Minnesota Vikings worked into the night Wednesday putting the finishing touches on lease and development agreements for the team's new downtown Minneapolis stadium.

The authority board, which is overseeing construction of the $975 million project, is expected to vote on the agreements at a 5 p.m. meeting Thursday at the Hubert H. Humphrey Metrodome.

The use agreement, which is expected to bind the team to the new stadium for at least the next 30 years, will detail terms of the team's lease with the authority. The development agreement will spell out the responsibilities of each side during construction, as well as outline the parameters for seat license fees -- a one-time fee charged to season ticketholders for the right to reserve a seat.

Approval of the agreements is necessary before the Vikings can firm up their financing for the project. The team is responsible for $477 million of the $975 million construction cost. The state of Minnesota and city of Minneapolis are picking up the rest.

The Vikings have said that they hope to have their financing in place by early November, in time for a ceremonial groundbreaking east of the Metrodome.

The new stadium, which will replace the Metrodome, is tentatively scheduled to open by the 2016 NFL season.

  • 56
  • Comments

  • Results per page:

ADVERTISEMENT

Toronto - LP: A. Loup 4 FINAL
Cleveland - WP: J. Outman 6
LA Angels 1 Top 9th Inning
Detroit 2
Atlanta 3 Bottom 10th Inning
NY Mets 3
Seattle - LP: T. Wilhelmsen 2 FINAL
Miami - WP: M. Dunn 3
St. Louis 2 Bottom 8th Inning
Washington 2
Milwaukee 2 Bottom 9th Inning
Pittsburgh 2
NY Yankees 1 Top 9th Inning
Tampa Bay 1
Minnesota 8 Top 7th Inning
Kansas City 1
Cincinnati 5 Bottom 5th Inning
Chicago Cubs 0
Chicago WSox 2 Top 5th Inning
Texas 2
Houston 0 Bottom 1st Inning
Oakland 2
Philadelphia 1 Bottom 1st Inning
Colorado 0
San Francisco 2 Bottom 1st Inning
San Diego 0
Arizona 0 Top 2nd Inning
Los Angeles 0
Baltimore - U. Jimenez 6:05 PM
Boston - J. Peavy
Dallas 85 FINAL
San Antonio 90
Charlotte 39 2nd Qtr 0:30
Miami 47
Washington 6:00 PM
Chicago
Portland 8:30 PM
Houston
Philadelphia 4 FINAL
NY Rangers 2
Detroit 0 2nd Prd 14:17
Boston 2
Tampa Bay 6:00 PM
Montreal
Los Angeles 9:00 PM
San Jose
Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

Date/Opponent Time W L Score
2013 preseason     
Aug 9 - vs. Houston 7 pmX27-13
Aug 16 - at Buffalo 6 pmX20-16
Aug 25 - at San Francisco 7 pmX34-14
Aug 29 - vs. Tennessee 7 pmX24-23
2013 regular season     
Sep 8 - at Detroit NoonX34-24
Sep 15 - at Chicago NoonX31-30
Sep 22 - vs. Cleveland NoonX31-27
Sep 29 - vs. Pittsburgh (in London) NoonX34-27
Oct 6 - Bye
Oct 13 - vs. Carolina NoonX35-10
Oct 21 - at. NY Giants 7:40 pmX23-7
Oct 27 - vs. Green Bay 7:30 pmX44-31
Nov 3 - at Dallas NoonX27-23
Nov 7 - vs. Washington 7:25 pmX34-27
Nov 17 - at Seattle 3:25 pmX41-20
Nov. 24 - at Green Bay Noon26-26
Dec 1 - vs. Chicago NoonX23-20
Dec 8 - at Baltimore NoonX29-26
Dec 15 - vs. Philadelphia NoonX48-30
Dec 22 - at Cincinnati NoonX42-14
Dec 29 - vs. Detroit NoonX14-13

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: Which quarterback is best in the NFL draft?

Weekly Question

ADVERTISEMENT