Minneapolis Mayor R.T. Rybak announced Thursday that he'll walk away from his "dream job" after three terms over two decades, throwing open the door to what could be the most competitive mayoral race in 20 years.
Flanked by his extended family at the Midtown Global Market, one of his administration's key projects, Rybak cited the personal sacrifices he's imposed on his family as the reason he decided not to seek re-election next year. Aides said he's been leaning against running since Election Day but held off on a final decision until his grown children were home for the holidays.
"The greatest professional job I could have is to serve my hometown," Rybak said. "It's tough for me to walk away."
Rybak, 57, pledged a vigorous final year in office and said he isn't sure what his next job will be. He's repeatedly dismissed speculation that he's hankering for an Obama administration post, after his early and ardent support for the president. He's still interested in running for governor, after a failed run in 2009, but noted that the job is occupied by a DFLer.
The crowd-surfing mayor who sports mismatched socks emerged from the ranks of neighborhood activists in 2001 to oust predecessor Sharon Sayles Belton, riding a wave of public discontent with large city subsidies to development projects.
By this year, he was a full-throated supporter of spending hundreds of millions of city dollars on a new Vikings stadium and a renovated Target Center, and muscled the project through the City Council by a razor-thin 7-6 vote.
Despite the division created by the stadium deal, Rybak was still a formidable enough figure that several potential mayoral candidates said they would run only if he was off the ballot.
His most lasting contribution may well be returning City Hall to a firmer financial footing after those freer-spending days. Under Rybak, the city paid down enough debt to regain a top credit rating lost under Sayles Belton and put the city's pension funds on more stable footing. To do it, he used hefty property tax increases that more than doubled the city's levy until a tax revolt in 2010 forced him to dial back spending.