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Minnesota prepares for Vikings stadium bond sale

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ST. PAUL (AP) — The state of Minnesota is preparing to issue bonds that will cover the public share of the new Vikings stadium.

Minnesota Management and Budget issued what's known as a "request for proposal" on Monday. It's a formal notice to financial institutions that want to help underwrite the $498 million taxpayer share of the $1 billion stadium. The budget office says the stadium bonds will be executed over a period of about two years.

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