Council Ceases Negotiations and Work on Downtown Arena, Will Explore Options
October 17, 2012
Negotiations with the Katz Group companies and design work on the proposed downtown arena has stopped, following motions directing City Administration to cease work and to look at other options to advance the project.
“Council went a long ways towards making a deal in October 2011, it was more than a fair deal,” says Mayor Stephen Mandel. “We can’t have negotiations without conversation. The City of Edmonton is absolutely committed to making NHL hockey sustainable and to rebuilding our downtown, but we cannot do so at any cost.”
The motions came after a lengthy discussion that included Council reaffirming its support for the October 2011 Framework.
“We’ve worked long and hard on this, as part of the revitalization of downtown, and that vision is still a priority,” says City Manager Simon Farbrother. “As per Council’s direction we will now explore options to develop a world-class sports and entertainment facility in the heart of our city.”
Administration will now inform the Katz Group companies, and advise contractors working on the design of the facility to stop work immediately.
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