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HomeMy WebLinkAbout3A, TCAAP - Stadium Update� �4R�EN HILLS Request for Council Action Prepared By: Jill Hutmacher, Community Council Meeting Date: January 30, 2012 Development Director TCAAP/Stadium Proposal Update Budgeted Amount: Actual Amount: Funding Source: N/A N/A N/A Recommendation: Informational only. No action required. SupportinE Documents: L Memorandum dated January 30, 2012, from Jill Hutmacher, Community Development Director. �� �i�EN HILLS MEMORANDUM DATE: January 30, 2012 TO: Honorable Mayor and City Councilmembers FROM: Jill Hutmacher, Community Development Director SUBJECT: TCAAP/Stadium Proposal Update J� On Thursday, January 5, Governor Dayton sent a letter to Rafael Ortega, Chair of the Ramsey County Board of Commissioners, setting a deadline of 5:00 p.m. on Thursday, Janua.ry 12, for the submission of Ramsey County's final stadium proposal. A similar letter was sent to R.T. Rybak, Mayor of Minneapolis. Proposals were submitted for sites in Arden Hills, Minneapolis, and Shakopee. Since the January 12 deadline, the Basilica (Linden Avenue) site has been eliminated from consideration for the time being due to concerns raised by the Basilica of St. Mary. This week, Governor Dayton announced that the only site that remained feasible for a stadium deal during this legislative session is the Metrodome. Some legislators support and some legislators dispute that conclusion. On January 29, seven of thirteen Minneapolis Councilmembers expressed opposition to Mayor Rybak'. s funding plan for a new stadium. Councilmembers explained that they cannot support a plan to contribute more than $300 million to a stadium in Minneapolis without a referendum. Rybak's current proposal would need a legislative override of a city charter amendment passed in 1997 that requires a citywide vote to approve any expenditure of city resources over $10 million for a professional sports facility. City of Arden Hills January 30, 2012, City Council Meeting Page 1 of 1