A plan to marry Twin Cities baseball past -- the Millers of minor league baseball -- with a new ballpark in Burnsville to create a new regional attraction will be introduced tonight.
That's when the Burnsville City Council will get its first look at a proposed $27 million, 7,300-seat stadium for the Metro Millers, which would also bring the independent Northern League back to the metro area.
The developers, Tony Pettit, 30, of Lakeville, and Terry Deroche, 62, of Prior Lake, say they have private equity and debt financing arranged to acquire, develop and build the 13-acre project on a former dump site at the intersection of Interstate 35W and Hwy. 13.
But they want the city to underwrite related road and sewer improvements using bonds that would be paid back with increased tax revenues from the appreciating land.
The Legislature and Gov. Tim Pawlenty recently authorized Burnsville's use of tax-increment financing (TIF) for a new mixed-use development in the area.
In 1998, the state authorized a special TIF district for the development of an amphitheater, but that project foundered amid environmental concerns. The new legislation repeals the older TIF district.
"We're asking for zero money from the government to help with the project other than public improvements," said Pettit, who has options to buy some of the land. "The Northern League wants us to be ready by 2009."
Clark Griffith, a Minneapolis attorney and son of former Twins owner Calvin Griffith, is commissioner of the Northern League, the oldest of the independent minor leagues. He said the league is looking to expand from its current six teams to 10 teams.