My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-19-11 EDC Packet
ArdenHills
>
Administration
>
Commissions, Committees, and Boards
>
Economic Development Commission (EDC)
>
EDC Packets
>
2011
>
10-19-11 EDC Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
10/14/2011 11:33:47 AM
Creation date
10/14/2011 11:21:56 AM
Metadata
Fields
Template:
General
Document
EDC Packet
General - Type
EDC Packet
Category
EDC Packet
Date
10/19/2011
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
31
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
in :.,aciclitiorl to the <br />( out vs $35() <br />irwestirierit, 11 . vill as- <br />sume risk for cost <br />ayeril1:1.15 or ].72 nililion <br />(15 percent) of. tIte. total <br />project costs, <br />In addition to the County's $350 million investment, it will assume <br />risk for cost overruns on $172 million (15 percent) of the total project <br />costs. <br />Assuming a high-range cost risk outcome, the County would <br />be responsible for funding cost overruns of greater than $50 <br />million. The County's excess net sales tax proceeds may not <br />be a sufficient funding source for potential cost overruns. <br />Assuming both a one-year schedule delay and worst case scenario <br />of a high cost range outcome would result in a $1.234 billion overall <br />project cost, and increasing funding for both Ramsey County ($58 <br />million) and the Minnesota Vikings ($65 million). <br />chart 3. Funding of $1 & -234. Billion Project Cost <br />Hag <br />1 Year Schedule Delay High Cost Range <br />Minnesota <br />Vikings <br />$472 million <br />Funding Gap <br />$39 million <br />State of <br />_Minnesota <br />$300 million <br />Metrodom , <br />MSFC <br />15 million <br />Ramsey <br />County <br />$408 million <br />
The URL can be used to link to this page
Your browser does not support the video tag.