from the Edmonton Journal,
City council has voted to cease negotiations with the Katz Group on a downtown arena and will explore the possibility of building an arena themselves.
“Enough is enough,” said Coun. Dave Loken, whose motion to cease negotiations passed unanimously on Wednesday. “We’re going nowhere with these negotiations.”
Mayor Stephen Mandel said that nothing justifies giving the Katz Group another $6 million a year in an operating subsidy.
“I don’t believe we are much further ahead today than we were four years ago except for a greater ask of money.”
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