Home Ballpark Facility News Has the Twins Stadium Funding Impasse Been Broken?

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Has the Twins Stadium Funding Impasse Been Broken? PDF Print E-mail
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Written by The Staff   
Monday, 09 April 2007 13:05

The Twins New BallparkIs it possible that the funding impasse for the new Twins Stadium has been broken?

Word is coming out that the Twins have offered to pick up more of the tab than they were originally willing to do, and according to Hennepin County Commissioner Mike Opat, ground could be broken as early as next month. As reported by Minnesota Public Radio:

He says the deal was possible because of an additional financial committment from the Twins. Opat says construction crews can start breaking ground on the stadium as early as next month.

"Actually, the team will assist us with non-land infrastructure, primarily. The bridges and plazas are proving to be a little more expensive than we had thought. So we're going to get a little help from them," says Opat. "We're not going to talk about the details. But that's their additional involvement."

Opat says the county will acquire the ballpark site through a procedure called "quick take." The county will get the land after depositing $13.35 million towards the purchase price. A three-person panel will then decide the actual value of the land.

If the county disputes that amount, it can pursue a jury trial.

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