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MYTH VS. REALITY -ARDEN HILLS STADIUM SITE <br />REALITY: <br />0 The economic impact of a new Vikin�gs stadium will be significant. A 2010 study <br />completed by the University of Min�n�esota on the Jan�ulary 2010 Vikings- Cowboys playoff <br />game showed visiting game -days attendees (non -metro residents) spent $5.8 million in <br />restaulran�ts, hotels and retail stores and on transportation. <br />• Overall sales in the Twin Cities economy expanded by $9.1 million for the playoff game <br />weekend. <br />• A study shiows the stadium project will lead to $14,5 million in direct an�n�ulal spending by <br />fans, the Vikings, the team's employees and players, visiting teams and the NFL in <br />connection with games and the operation of the facility. <br />MYTH #7: The site is too contaminated to bulild on — it's not possible to clean ulp a Sulperfuln�d <br />site for this type of development. <br />REALITY: <br />0 The U.S. Army is requlired to retain responsibility for grouln�dwater clean�ulp and for soil <br />rernediation to commercial/industrial standards. <br />0 The nature and extent of the requlired rernediation are obstacles that can be overcome <br />and will not prevent the development of the property. <br />• Other examples of Sulperfuln�d site clean�ulps are numerous. One such example in our <br />region is the Upper Landing in St. Paull. Once a scrap metal yard and grain elevator, the <br />Upper Landing is now a 22-acre, $175 million Mississippi riverfron�t residential <br />neighborhood with 1,000 residents. <br />• The Vikings stadium development envisions a stadium, convention cen�ter/h�otel com�plex, <br />and corporate campus, and does not include residential property. <br />MYTH #8,: Ramsey Couln�ty will have too much control over the new stadium when it sh�oulld <br />reflect the statewide nature of the project. <br />REALITY: <br />• The proposal envisions creation of a new public stadium aulth�ority. <br />• Members wound be appointed by the Governor, the Ramsey Couln�ty Board and the City <br />of Arden Hills. <br />MYTH #9: The stadium wound only be used a limited n�ulm�ber of times each year. <br />REALITY: <br />0 The facility wound have a retractable roof and wound be available for use year-rouln�d. <br />3 j� Prepared by Ramsey County I Updated July 8, 2011 <br />