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Capital IconMinnesota Legislature

Legislative Session number- 84

Bill Name: SF0900

Providing a process for community ownership of the Minnesota Twins; requiring
and providing for the governor and the metropolitan sports facilities commission
to attempt to facilitate the formation of a corporation to acquire the baseball
franchise and to identify an individual private managing owner of the
corporation, specifying certain capital structure requirements of the
corporation and certain approval requirements to move the franchise outside the
state; prohibiting state agencies from spending state funds to generate revenue
or to provide operating support or defray operating losses of the professional
baseball franchise
(ja)