blog.mastermaq.ca
The arena deal is dead, but the City of Edmonton came away the victor - MasterMaq.ca Blog
After a heated discussion on the arena yesterday afternoon, City Council voted to cease all negotiations with the Katz Group and directed Administration to explore alternatives. Here are the three motions they passed: As a result of Mr. Katz's letter and unwillingness to have an open discussion with Council and the frustration of the Interim Design Agreement, all negotiations and ongoing City work related to the October 26, 2011, framework cease immediately. That Administration provide a report, as soon as possible, to City Council to report on the completion of the cessation of negotiations and the status of the City's current, transferable investments in a potential downtown arena project. That Administration provide a report outlining a framework for Council to explore potential avenues to achieve the long term goals of sustainable NHL Hockey in Edmonton. That means the arena as we know it is dead, but it doesn't mean that a new arena is completely off the table. With that third