Minnesota HF2255 authorizes bonds for a secured perimeter at the Vikings stadium.
Minnesota HF2255 provides funding for a secured perimeter at the Vikings stadium in Minneapolis. The bill authorizes the issuance of appropriation bonds up to $30,000,000 to finance the secured perimeter, which includes physical improvements and equipment. The bonds are not backed by the full faith and credit of the state. The proceeds from the bonds are to be used for the secured perimeter and to pay debt service, including interest. The appropriation bonds can be sold at public or private sale and may be invested in various financial instruments.
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