Live Video: MN Senate Panel on Vikings Stadium Financing

Update (4:30 p.m.): State Sen. Barb Goodwin (DFL-50) asked testifiers at the meeting whether employees of a proposed state-owned casino would be state employees (they wouldn't) and whether the White Earth Band had taken their new-casino plan to Arden Hills officials yet (they hadn't).

Update (2 p.m.): State Sen. Barb Goodwin (DFL-50) quizzed Minnesota Vikings Chief Financial Officer Steve Poppen about what she said "looks like an expensive stadium. (.)

"Have you put together any other models for the stadium?" she asked. Poppen said the proposed stadium design dates from 2008 and is based on Lucas Oil Field in Indianapolis. He called it "a very modest stadium."

Original post: Fridley's two state senators, Pam Wolf and Barb Goodwin, are part of the joint committee hearing testimony on financing for a future Minnesota Vikings stadium Tuesday afternoon.

Goodwin is on the State Government Innovation and Veterans Committee. Wolf is on the Taxes Committee. Those are the two committees that are holding this hearing.

Among the methods of funding a stadium to be discussed is personal seat licensing, which at least one is not enthused about.

This is the second informational session the joint committee has held on the stadium issue. Last week, on behalf of the proposed Arden Hills site for the stadium.

Live video above is via The UpTake.

Here is the joint committee's agenda:

12:30 PM      Senate
***Revision 1: Agenda Addition(s)***
Joint Meeting: Committee on Taxes; Committee on State Government Innovation and Veterans

Chairs: Sen. Julianne E. Ortman, Sen. Mike Parry
Room 15 Capitol

Informational hearing on Vikings Stadium
Hearing will end by 6 pm
Committee room seating is limited. Overflow rooms with televisions will be available for additional public seating.
Agenda:   Bonding Overview MMB staff Overview of other stadium financing - Craig Skiem, CSL International Current Lease Termination, Sports Facility Commission and MN Vikings Vikings private financing mechanisms and NFL financing mechanisms Ramsey County Local Financing Mechanisms Minneapolis local financing mechanisms including Mpls convention revenue Current Sources of Revenue
     a. Arts and Cultural Funds New Sources of Revenue
     a. Charitable Gaming electronic pulltabs
     b. Racino
     c. Block E
     d. NFL income tax surcharge
     e. Ticket surcharge on professional sports
     f. Sports memorabilia sales tax
     g. Video lottery terminals Public testimony
     Prior sign up is highly recommended for public testimony, we will accommodate others as time permits. To testify, please contact Beth Kadoun, Senate Tax Committee Administrator, at beth.kadoun@senate.mn or 651-296-5640.
     If unable to attend the hearing, written testimony may be sent to Jenna.temte@senate.mn Written testimony will not be read aloud during the hearing but will be provided to members of the committee.