The Vikings in Arden Hills: Bad Ideas on Top of Bad Ideas

I’m pleased to announce that I am now working with the good folks at Minnesota 2020 as a Hindsight Community Fellow.  I’ll be participating periodically on their Hindsight blog, with analysis on public policy issues.  My first piece, on the Minnesota Vikings-Ramsey County stadium agreement, was posted today.

The Minnesota Vikings and Ramsey County announced an agreement yesterday to build a new stadium on the site of the Twin Cities Army Ammunitions Plant in Arden Hills. The $1.06 billion project would be financed with $407 million from the team, $350 million from Ramsey County (in the form of a half-cent sales tax increase) and $300 million from the state (a variety of sales taxes and a sports-themed lottery game).

The wisdom of spending time and effort on such a project in the Legislature while the budget still sits $5 billion out of balance can certainly be debated. However, if we look at the Arden Hills stadium project solely as a standalone proposal, there’s much not to like about the deal.

To find out why the Arden Hills site is a bad deal for the state, read the rest of the piece here.

Advertisements

Trackbacks/Pingbacks

  1. No Vikings Stadium in Arden Hills « A Little Tour in Yellow - May 15, 2011

    […] The Vikings in Arden Hills: Bad Ideas on Top of Bad Ideas (brickcity.wordpress.com) […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: