Financing details

•$40.3 million in tax-exempt bonds available under the stimulus package and issued by the Bloomington Port Authority, to be repaid by the hotel owner.

•$40 million in private taxable bonds to be repaid by the hotel owner.

•$35 million of private investments arranged by Mortenson Development.

•$15 million in tax increment financing from the city of Bloomington for the new parking garage.

•Dougherty Funding LLC in Minneapolis is expected to underwrite the bonds.