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Stadium planners are hoping for a groundbreaking in early November, and any delays in the schedule threaten to increase costs to taxpayers, who are covering a total of $498 million in construction costs.
Kelm-Helgen said the review is likely to be finalized by next week,Wholesale Jerseys Free Shipping. But she said financial and legal documents so far indicate the Vikings should be able to cover their $477 million share of the stadium,Cheap Adidas NHL Jerseys.
The Wilfs' legal troubles,Cheap Jerseys 2018, and the ensuing review,Cheap Jerseys USA, have ignited worry about the stadium's construction timeline. The financial review prompted the Vikings to temporarily halt negotiations with the stadium authority over lease and development agreements,Jerseys NFL Cheap, but the team released a statement Wednesday afternoon suggesting the talks could now continue.
"We will work with the authority to finalize the use and development agreements," the team's statement said.
MINNEAPOLIS (AP) — The Minnesota Vikings shouldn't have any trouble paying for their share of a new $975 million stadium, the chairwoman of the public authority managing the project said Wednesday.
"Based on the information received to date,Wholesale Jerseys, we have indications that the team will have the financial capability to move forward with the stadium project," Kelm-Helgen said in a prepared statement following the closed meeting.
Authority chairwoman Michele Kelm-Helgen revealed preliminary results of a financial review conducted after a New Jersey court ruling against team owners Zygi and Mark Wilf, which found they defrauded a partner in an unrelated development deal. The Minnesota Sports Facilities Authority met in private to discuss an ongoing due diligence review of team finances. |