Legislative Session number- 82

Bill Name: SF3370

Providing for the financing of an open air roof ready major league baseball park
in the city of Minneapolis by Hennepin county; authorizing the county to
acquire, design, construct, equip, improve, control, operate and maintain the
ballpark and related facilities; granting the county certain contracting
authority and providing for the selection of contractors and for the posting of
surety bonds; exempting real and personal property in connection with the
ballpark from ad valorem property taxes, property to remain subject to special
assessments; authorizing the county to establish a condominium, leasehold
condominium or common interest community and enter into related easements or
agreements; providing for intergovernmental agreements for the acquisition,
construction, maintenance, operation and financing of the ballpark or related
facilities; exempting the ballpark from metropolitan council review and
department of trade and economic development (DTED) business subsidy
regulations; authorizing and providing for the county to issue bonds to finance
acquisition or betterment costs and to impose certain additional sales taxes on
liquor, lodging, food, rental vehicles and ticket prices as security for the
bonds; specifying certain agreement requirements of the Minnesota Twins, the
county board and a private entity for county bond issuance or tax authority
purposes; authorizing the city of Minneapolis to appropriate and transfer a
certain amount to the county for construction of the ballpark; exempting tickets
to ballpark events to the extent of subjection to the county tax from the
general sales tax and exempting materials, supplies and equipment used in the
construction or improvement of the ballpark and related facilities from the
sales tax; increasing the membership of the metropolitan sports facilities
commission, requiring the appointment of a certain number of members by the
Hennepin county board (ra)