TITLE

Minneapolis' Target Center Facing Deficits

AUTHOR(S)
Shields, Yvette
PUB. DATE
November 2001
SOURCE
Bond Buyer;11/16/2001, Vol. 338 Issue 31267, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the prediction for budget deficit in Minneapolis, Minnesota in order to cover its 2002 payments of debt related to the city's 1995 buyout of the Target Center, the arena that houses the National Basketball Association's Minnesota Timerwolves. Reason behind the cut in arena-related revenue in the state; Effect of establishment of tax-increment financing district on the revenues; Efforts of the city administration for long-term deficit plans.
ACCESSION #
7557212

 

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