Michael Veeck, a third-generation baseball "showman" and one of three principal owners of the St. Paul Saints, was pretty happy to hear last week that the St. Paul City Council had approved $8.5 million in bonds, or borrowed money, for the new Lowertown ballpark.
"All I have to say is one word: Whoopee," said Veeck, in a voicemail message to the Scoop. "We're off to the races, I think. I'm still a little superstitious. But I certainly am thrilled."
The city bonds are a major piece of the overall $63 million funding package, which includes state, city and private sources. This handy pie chart explains the breakdown.
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