Vadnais arena dings city's credit rating

  • Article by: TIM HARLOW , Star Tribune
  • Updated: July 19, 2012 - 11:13 PM

The city is being hurt by its need to cover facility's bond debt.

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rshacklefordJul. 19, 1211:15 PM

The City of Minneapolis residents feel your pain Gail. Unfortunately, our upcoming sports arena will be many times more in the red and the owners of it will NOT be chipping-in to help make up for the shortfalls.

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gopherscheatJul. 20, 12 9:50 AM

These municipalities are all run by a bunch of money spending fools. The state is broke and when LGA gets reduced property taxes will be going through the roofs to pay for all the idiot decisions.

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privateeyeJul. 20, 1211:57 AM

Better management sounds like the plan. Ice rates are through the roof and icetime is scarce.

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snoebirdJul. 20, 12 1:18 PM

The Vadnais Sports Center's dome appears to be high enough to allow for high school and college baseball games, so I would suggest city officials employ Bill Lester's expertise to learn whether its dome could become a replacement of sorts for the Metrodome, whose days are numbered. The Metrodome receives tremendous use from small college and high school baseball programs, especially in the spring, and Lester could be helpful in such a transition.

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carljJul. 20, 12 2:10 PM

The members of the council who voted for this should resign. You lack the level of intelligence needed to serve, apologize and resign. Thanks to you, the rest of us will be socked with a major bill for years. Do the right thing and leave now!

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snoebirdJul. 20, 12 3:34 PM

Only city council member Gerald Auge opposed it. According to the minutes of the council's meeting in 2010 to vote on the project: "Councilmember Auge stated his concern is with the liability being placed upon the 13,000 residents of Vadnais Heights. He stated he can see the liability, although he is not saying there will be liability. He noted the facility will be servicing the area of White Bear Lake, Hugo, etc., and the energy that is in hockey. However, it is imposing a risk on the people of Vadnais Heights. Councilmember Auge stated if this project should have been brought through the whole community where White Bear Lake, Hugo, and Vadnais Heights all take the risk. He stated that he likes the concept, but cannot support the financing because he thinks the project puts a huge risk on a small community."

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