The team recently sought legislative reaction to a plan calling for the use of zero-coupon bonds instead, with the Twins paying $80 million upfront. They also are irritated by the team's ongoing court appearances to win approval for contraction.
A ballpark plan designed by the Ventura administration and passed by the House would have the state selling revenue bonds worth $330 million. The Twins would donate a $165 million "gift" into an interest-bearing fund -- plus another $10 million a year -- to raise enough money to pay the debt over 30 years. Expectations are for much of that $10 million a year to come from the host city, through a local-option sales tax after a referendum.
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