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Ramsey County Vikings Stadium Benefits JOBS • This project will support 13,000 full and part -time jobs, including 7,500 construction jobs, over a three -year construction period. • The stadium will require 4.2 million work hours, including 900,000 in the first 12 months and generate over $286 million in construction wages and $10 million in income taxes. • Off-site transportation- related infrastructure improvements will create a substantial number of additional jobs. Once the Stadium is completed in 2015, it will support 3,400 ongoing full- and part -time jobs with over $100 million in personal earnings, according to Conventions, Sports & Leisure International. • Private development of nearby properties, both on the TCAAP site and across the northern suburbs, will generate new jobs and ongoing positive economic impacts for the region. RETURN ON INVESTMENT • Ramsey County is leveraging a billion - dollar redevelopment of the largest Superfund site in the state and millions of dollars in sorely needed north metro highway improvements for a $350 million investment. • Once the adjacent TCAAP property is fully developed, according to the Ramsey County Assessor's Office, assuming taxable value of the developed property of $232 million, it would generate approximately $6.6 million in total property taxes annually. • The Vikings currently pay nearly $20 million in sales, liquor and income taxes annually. Visiting NFL teams pay approximately $1 million in income taxes annually. • A 2009 study by Conventions, Sports & Leisure International showed a new stadium will generate $26 million in taxes annually. • Over 22% of Vikings Season Ticket Owners live outside Minnesota and approximately 40% of Season Ticket Owners reside outside of the metro area. 50% of fans who come from outside the Twin Cities stay in a hotel and spend money in the community when they attend a Vikings game. • A 2010 study completed by the University of Minnesota on the January 2010 Vikings- Cowboys playoff game showed visiting game -day attendees (non -metro residents) spent $5.8 million in restaurants, hotels and retail stores and on transportation. • Overall sales in the Twin Cities economy expanded by $9.1 million for the playoff game weekend. • CSL's study also showed the project will lead to $145 million in direct annual spending by fans, the Vikings, the team's employees and players, visiting teams and the NFL in connection with games and the operation of the facility.