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Article: Letter details private funds for ballpark; New Ballpark leader thinks the group can come up with $50 million for a new home for the Twins.(NEWS)
- Article from:
- Star Tribune (Minneapolis, MN)
- Article date:
- April 18, 2001
- Author:
CopyrightCOPYRIGHT 2001 Star Tribune Co. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The principal organizer of an effort to build a ballpark funded primarily by private sources for the Minnesota Twins estimates they could contribute about $50 million toward the stadium's cost.
Jim Campbell, chairman of Wells Fargo Bank Minnesota, and a leader of New Ballpark Inc., offered the estimate in a letter sent last week to key state legislators, including Rep. Harry Mares, R-White Bear Lake, sponsor of a bill to provide the Twins with a $140 million, interest-free loan to help them build a $300 million stadium.
Campbell's group, which includes several local business leaders, hopes to build a smaller, downtown ballpark, probably in Minneapolis.
The state ...