On Saturday, May 20, 2006 the Minnesota House and Senate passed a bill that
secures state funding for a $248 million on-campus stadium. The bill passed
on bipartisan votes of 96-37 in the House and 43-24 in the Senate. Gov. Tim
Pawlenty signed the bill into law on May 24.
The bill calls for the state to pay $10.25 million per year for
25 years—approximately 55 percent of the total stadium cost.
The University will fund the remaining 45 percent through private
donations, corporate sponsorships (including $35 million from TCF
Financial Corp. for naming rights for the stadium), parking revenues,
and a student fee up to a maximum of $25 per year.
As part of the legislation, 2,840 acres of the University's UMore
Park will be preserved into perpetuity. The environmentally sensitive
land will become permanently protected by the state for public
use, managed by the Department of National Resources. The University
will reserve the right to conduct research on the land in perpetuity.
The bill requests the Board of Regents to establish a mitigation
fund of $1.5 million to mitigate the impact of the construction
and operation of the stadium on the surrounding neighborhoods.
This fund will be managed by the Board and the use of the funds
will be coordinated through the stadium area advisory group.
According to the stadium legislation, the Board of Regents may not
acquire the fire station 19 building for the construction of the
stadium and related infrastructure through the use of eminent domain.
December 15, 2005 - U looks to 2006 for legislative support for
With 2005 coming to a close without passage of a Gopher stadium
bill, the University is looking to 2006 for legislative support
for the stadium. There is broad bipartisan support for the stadium
and the University needs lawmakers to turn that support into legislation
to fund 40 percent of the cost of the stadium as early as is possible
in the 2006 legislative session. State support will help maintain
the momentum the University has built to secure the sponsorships
and donations needed to fund its 60 percent share of the cost of