Officials reach deal to buy Arden Hills site

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Ramsey County officials reached a deal to buy the Arden Hills site of a proposed Minnesota Vikings stadium for $28.5 million, reported the Pioneer Press.

The price should not top the $30 million budget, commissioners told Gov. Mark Dayton, reported the Star Tribune.

The county has until Aug. 1, 2012 to cancel the purchase if the stadium can't be built there, said commissioner Rafael Ortega, according to the Star Tribune.

A report by Met Council last month warned that land transfer and cleanup costs could approach $70 million, far more than the budget allows, according to the Pioneer Press.

"We've got an agreement with Uncle Sam," said Tony Bennett, a Ramsey County commissioner who believes the deal can meet budget.

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This page contains a single entry by schau227 published on November 13, 2011 5:46 PM.

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