City Council Approves Arena Deal

Wednesday, 05.15.2013 / 3:30 PM MT / News
By staff
Share with your Friends

City Council Approves Arena Deal

AUDIO: Daryl Katz on Arena Deal

Today Edmonton City Council voted in favour (10-3) of the Master Agreement funding model for a new downtown arena. According to Mayor Stephen Mandel, contstruction will begin "early next year, if not sooner."

More to come...

     Today's #yegarena funding report to #yegcc includes $25M from Regional Collaboration Project, $15M from CRL, $15M from Katz Group                                                            @EdmontonOilers
     "We'll have a brand new arena with the #Oilers staying in our city. It's about building our future." - Mayor Mandel
     "This is a major project, not just for Edmonton, but for the entire region." – Coun. Dave Loken #yegarena #yegcc
     "A vibrant downtown is about a whole package ... This project is a vital part of that." – Coun. Don Iveson #yegarena #yegcc