PRINCIPLES OF AGREEMENT FOR THE DEVELOPMENT OF A NEW MULTI-PURPOSE STADIUMPrinciples of Agreement • May 11th, 2011
Contract Type FiledMay 11th, 2011The following sets forth proposed terms and conditions between Ramsey County (the “County”) and Minnesota Vikings Football, LLC (the “Team” and, together with the County, the “Parties”) with respect to the land acquisition, site remediation, site development (including surface parking), and design, development, financing, construction, operation and maintenance of a new roofed, multi-purpose stadium (“Stadium”) at the Twin Cities Army Ammunitions Plant (“TCAAP”) site in Arden Hills, Minnesota. The Stadium will be owned by a public Stadium Authority and the Team will enter into a long-term lease or license agreement with the Authority.