The Minneapolis Park and Recreation Board agreed Wednesday to pay as much as $8 million for designed but never-built amenities at Downtown East Commons park in front of U.S. Bank Stadium.
The plan agreed to by the Park Board on a 5-3 vote requires City Council approval, which is expected on Aug. 4.
The city and the Park Board agreed in 2014 to allow park dedication fees to be used for the Commons, according to Park Board and city staff.
Park dedication fees that will go to the Commons will come from an 18-block area downtown. The Park Board has collected $874,000 from developments in that area since 2014.
Under terms approved Wednesday, the Commons will get 10 years' worth of park fees or $8 million, whichever comes first.
Initial plans for the Commons included two buildings, terraces, a water feature and a plaza. The city decided to hold off on those elements in early 2016, citing the pace of fundraising at that time.
New money from the Park Board will be used to finish paying for future improvements that may include a cafe, support building and other features included in the initial design, city spokeswoman Sarah McKenzie said.
"This wasn't a deal we loved going into it," said Park Board President Anita Tabb. "But I also don't think that it makes sense at all to punish the recipients, the residents and the constituents in that area. This is a park that serves them."