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Cathy Wurzer

June 13, 2006 8:45 AM

Minneapolis may subsidize Target Center losses

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The Minneapolis City Council could vote Friday to subsidize some operating expenses for the Target Center. The Council's Ways and Means/Budget Committee has recommended the plan, which would cover up to half the losses incurred from hosting non-basketball events at the arena.

Last year, concerts and other non-Timberwolves events lost between $1 million and $2 million for Midwest Entertainment Group, the company managing the Target Center. MPR's Cathy Wurzer spoke with Minneapolis Finance Director Pat Born.

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