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The News

City Clarifies Arena Borrowing Bylaw

November 10, 2011

A clause in a borrowing bylaw that received first reading from City Council on November 9, 2011 does not represent an increase in current taxes to pay for the land and design costs for a new downtown arena.

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City Acquires Arena and Community Rink Land for $25 Million

October 31, 2011

Land around arena site also purchased to protect City’s interests.

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Council Approves Financial Framework for Downtown Arena, Moves Ahead with Design

October 26, 2011

City Council has agreed to move ahead with the design of a new downtown arena and approved a financial framework for the project.

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Public Hearing on Proposed Funding Framework for Downtown Arena

October 18, 2011

City Council will hold a Non-Statutory Public Hearing on a proposed funding framework for a downtown arena

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Edmonton Mayor and City Manager to meet with NHL Commissioner, Katz Group, in New York

October 06, 2011

Mayor Stephen Mandel and City Manager Simon Farbrother will meet with NHL Commissioner Gary Bettman and Katz Group officials in New York next Tuesday and Wednesday on the proposed arena agreement.

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City Retains External Expertise to Protect Public Interest in Arena Negotiations

September 09, 2011

As requested by Council, the City of Edmonton has secured external counsel and expert analysis as part of a comprehensive process to ensure due diligence in the pursuit of a complex agreement on a downtown arena.

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City and Katz Group Agree on Agreement Framework to Build Arena

May 18, 2011

Framework will enable negotiations on a formal Master Agreement.

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New Arena Report Highlights Progress

February 24, 2011

Discussions underway with Katz Group.

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