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Zeus
09-15-2008, 01:00 PM
http://www.startribune.com/local/28378789.html


Colts show Vikings how to get a stadium
A combination of taxes and user fees helped Indianapolis put up its new football playground.
By JUDD ZULGAD, Star Tribune
Last update: September 15, 2008 - 12:53 AM

Other than the fact that Vikings owner Zygi Wilf said he would contribute $250 million, franchise officials have said little about how a new football stadium on the site of the Metrodome would be financed.

But after spending two days last week meeting with executives from the Indianapolis Colts and getting a tour of the brand-new Lucas Oil Stadium in downtown Indianapolis, it appears the Vikings are hoping the solution can involve hospitality taxes.

"That's up to the Legislature and the governor to determine what's the best package of taxes to solve the issue," said Lester Bagley, the Vikings vice president of public affairs and stadium development. "We're not there yet.

"We're working on some finance options, along with the sports commission, but we're not ready to lay those out yet."

Interesting story.
Not just the usual blah, blah, blah.

=Z=

NodakPaul
09-15-2008, 01:29 PM
What the Vikings learned in their meetings with the Colts was that public funding to help build the retractable-roofed Lucas Oil Stadium included increases of 3 percent for a county hotel tax, 2 percent for a county rental car tax, and 1 percent for a six-county restaurant tax and county admission tax.

Such taxes also were used to help finance stadiums in Dallas and Phoenix. The Colts contributed $100 million to a stadium that cost $720 million to build and drew raves from the Vikings contingent.

Wow.
I am liking how this is sounding.
If we followed the same formula, we could use a metro-wide hospitality tax on restaurants, and a Hennepin County tax on rental cars and hotels.
That would include the MOA area in the rental car and hotel package, and I bet would go a LONG way toward financing the stadium.

Purple Floyd
09-15-2008, 01:38 PM
Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P

Zeus
09-15-2008, 01:39 PM
"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Since when are taxes itemized?
They won't even know they are doing it.

=Z=

Purple Floyd
09-15-2008, 01:40 PM
"Zeus" wrote:


"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Since when are taxes itemized?
They won't even know they are doing it.

=Z=


Damn you.



;D

NodakPaul
09-15-2008, 01:56 PM
"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Well, since the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA all received public money, they can think of it as just paying the gov't back....
:P

(Great to finally meet you yesterday BTW!)

Formo
09-15-2008, 04:33 PM
"UffDaVikes" wrote:


"Zeus" wrote:


"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Since when are taxes itemized?
They won't even know they are doing it.

=Z=


Damn you.



;D


HAHA!

When Zeus pulled you and Paul together, I thought sparks were gonna fly!
lol

BTW, what's Ordway?

NodakPaul
09-15-2008, 04:37 PM
"Formo" wrote:


"UffDaVikes" wrote:


"Zeus" wrote:


"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Since when are taxes itemized?
They won't even know they are doing it.

=Z=


gol 'darnit you.



;D


HAHA!

When Zeus pulled you and Paul together, I thought sparks were gonna fly!
lol

BTW, what's Ordway?


Nah, UffDa and I disagree on stadiums sometimes, but I have way too much respect for that guy to ever let it get personal.

And the Ordway is an absolutely beautiful theatre in downtown St Paul.
http://www.ordway.org/

Vikes_King
09-15-2008, 05:01 PM
it was great to hear the Colts Owner's comments about Minnesota and getting a Super Bowl and all that fun stuff.... lets hope it gets done..

Purple Floyd
09-15-2008, 05:05 PM
"NodakPaul" wrote:


"Formo" wrote:


"UffDaVikes" wrote:


"Zeus" wrote:


"UffDaVikes" wrote:


Yeah, I am sure all of those people that come to visit the Twins, Gophers,Ordway, T-Wolves, Wild, Zoo and the MOA will love shelling out an extra 3 percent for the Vikings stadium :P


Since when are taxes itemized?
They won't even know they are doing it.

=Z=



Yeah, it's fun to debate people who ,(even though they are wrong in this case :P JK)
can make a strong case for their side of an issue, and he excels at that. ;D ;D

Otherwise we agree on quite a few things.

gol 'darnit you.



;D


HAHA!

When Zeus pulled you and Paul together, I thought sparks were gonna fly!
lol

BTW, what's Ordway?


Nah, UffDa and I disagree on stadiums sometimes, but I have way too much respect for that guy to ever let it get personal.

And the Ordway is an absolutely beautiful theatre in downtown St Paul.
http://www.ordway.org/

BBQ Platypus
09-20-2008, 02:06 PM
The one thing that pisses me off the most about this whole stadium issue is how the legislature was all like "Oh, we can't consider building a stadium NOW our bridges are collapsing ZOMG" and then they promptly went and wasted a billion dollars on that WORTHLESS light rail project that will do nothing except cause congestion and decrease the effectiveness of public transportation by slowing down service and decreasing the number of express buses.
That thing has got "boondoggle" written over every inch of it.
They're going to build it in the worst possible way, in the worst possible place.
If you want me to delve into specifics, I'd be happy to oblige.
For now, I'll just say that in twenty years, there'll be another project intended to fix all the problems the Central Corridor has created.


But nope, we can't build a stadium.
There's just not enough money for that. ::)

Schutz
09-20-2008, 02:13 PM
"BBQ" wrote:


The one thing that pisses me off the most about this whole stadium issue is how the legislature was all like "Oh, we can't consider building a stadium NOW our bridges are collapsing ZOMG" and then they promptly went and wasted a billion dollars on that WORTHLESS light rail project that will do nothing except cause congestion and decrease the effectiveness of public transportation by slowing down service and decreasing the number of express buses.
That thing has got "boondoggle" written over every inch of it.
They're going to build it in the worst possible way, in the worst possible place.
If you want me to delve into specifics, I'd be happy to oblige.
For now, I'll just say that in twenty years, there'll be another project intended to fix all the problems the Central Corridor has created.


But nope, we can't build a stadium.
There's just not enough money for that. ::)


Have any of that real proof other than a truck load of bias?

BBQ Platypus
09-20-2008, 02:37 PM
"Schutz" wrote:


"BBQ" wrote:


The one thing that pisses me off the most about this whole stadium issue is how the legislature was all like "Oh, we can't consider building a stadium NOW our bridges are collapsing ZOMG" and then they promptly went and wasted a billion dollars on that WORTHLESS light rail project that will do nothing except cause congestion and decrease the effectiveness of public transportation by slowing down service and decreasing the number of express buses.
That thing has got "boondoggle" written over every inch of it.
They're going to build it in the worst possible way, in the worst possible place.
If you want me to delve into specifics, I'd be happy to oblige.
For now, I'll just say that in twenty years, there'll be another project intended to fix all the problems the Central Corridor has created.


But nope, we can't build a stadium.
There's just not enough money for that. ::)


Have any of that real proof other than a truck load of bias?


I've actually been to the University of Minnesota.
I'm a student - I will be affected by this (though not as much as the people who live in the area).

It is a FACT that bus service will be significantly reduced (including express bus routes, which will get people there FASTER than the light rail route would) and funneled into the light rail route.
This will slow down and therefore decrease the effectiveness of public transportation.
Keep in mind that the route is already served by bus routes.
Thus, the LRT will add MAYBE a couple thousand new riders per day, while decreasing the number of traffic lanes and reducing the speed and efficiency with which public transportation gets you from point A to point B.
QED.

I'm not against light rail in general - I just think that if your "cost effectiveness" formula tells you that what is CLEARLY the worst possible plan is the best, it's time to change your formula.
There was plenty of existing right-of-way running parallel to the planned route that they could have used.
It would have been cheaper, and would ensure that light rail was actually the fastest way to get from Minneapolis to St. Paul.
Instead, they chose this more expensive plan, because it's sexier to have the train go in front of store fronts.
(It also benefits all the corporations and lobbyists that help the Met Council so much).

I also don't like the fact that the people living along the future rail line were ignored completely.
Exhibit A:

BVFwVvPoO-Q

So yes, I do have specific reasons I don't like the light rail.
I actually LIKED the plan at first until I found out about it.
So no, I have no bias at all when it comes to this crap.
I like the idea of public transportation in city centers - this is just a profoundly stupid way to implement it.

Schutz
09-20-2008, 02:49 PM
Fair enough, I was just curious.
I don't care one way or another since I live in Fargo.
I just don't know much about the effectiveness of light rail.
I tried the almighty google but the only site that was really well structured was from the CATO institute and I trust those fellas about as far as I can throw my car.