Ramsey County Board Ponders Purchase Of Financially Plagued Vadnais Heights Sports Complex
Ramsey County commissioners will vote next week on whether to bid for the financially -troubled Vadnais Heights Sports Center.
The sports center was built for $26 million in 2010 but failed to live up to expectations. The city of Vadnais Heights took big losses until it pulled out of the deal last year, leading to a major hit on the city's credit rating.
The Pioneer Press reports that the county commissioners met in executive session earlier this month to authorize its staff to study the center's finances, in preparation for a possible bid.
Asking price for the sports center, which has two hockey rinks, a domed field and locker rooms, is $13 million but the minimum bid is $8 million.
The paper said others have shown interest in buying the center, too, although no details were available. Offers are due by Sept. 6.
The county already owns 11 ice rinks.