Nov 20, 2012, 1:51 PM EDT
Today in Glendale, city council will discuss a re-worked lease agreement with prospective Phoenix Coyotes owner Greg Jamison at the city-owned Jobing.com Arena.
The lease could go to a vote on Nov. 27.
If you’re curious (or would like to punish yourself by reading boring legalese,) click here for the proposed agreement in full.
The agreement, which calls for the city to pay Jamison an average of $15 million over 20 years for arena management, is a controversial one.
Some say it’s nothing but a subsidy and that the arena could be managed for considerably less.
The counterargument is that it’s the only way to keep the Coyotes from moving and that, with the potential loss of jobs and indirect business taxes, things would be worse for the city without the NHL franchise.
But the fact some deem the agreement a subsidy raises the specter of the Goldwater Institute, a taxpayer watchdog group, intervening and arguing that the lease contravenes the state’s gift clause.
That clause reads as follows:
“Neither the state, nor any county, city, town, municipality, or other subdivision of the state shall ever give or loan its credit in the aid of, or make any donation or grant, by subsidy or otherwise, to any individual, association, or corporation, or become a subscriber to, or a shareholder in, any company or corporation, or become a joint owner with any person, company, or corporation, except as to such ownerships as may accrue to the state by operation or provision of law or as authorized by law solely for investment of the monies in the various funds of the state.”
The Goldwater Institute tells PHT via email that it continues to monitor the situation; however, it has no comment at this time.
Apr 26, 2015, 12:07 AM EDT
Another big rally at the Saddledome.
Apr 25, 2015, 11:03 PM EDT
A six-game series that felt like (at least) seven.
Apr 25, 2015, 10:31 PM EDT
Wild stuff at the Saddledome tonight.
Apr 25, 2015, 9:59 PM EDT
Vancouver looking to avoid elimination for the second straight game.
Apr 25, 2015, 9:55 PM EDT
Zero goals in five playoff games.
Apr 25, 2015, 9:18 PM EDT
A healthy tally.
Apr 25, 2015, 8:50 PM EDT
Putting on a clinic.
Apr 25, 2015, 8:41 PM EDT
Corey Crawford’s back in.
Apr 25, 2015, 7:37 PM EDT
The Islanders won 3-1 in Game 6.
Apr 25, 2015, 6:59 PM EDT
No penalty on the play.
Apr 25, 2015, 6:10 PM EDT
He made his postseason debut in Game 4.
Apr 25, 2015, 6:03 PM EDT
Plenty of life on Long Island.
Apr 25, 2015, 5:48 PM EDT
Apr 25, 2015, 5:20 PM EDT
Keep this bounce in mind in the third period.
Apr 25, 2015, 4:58 PM EDT
He’s been ruled out of the series due to a rib injury.
Apr 25, 2015, 4:25 PM EDT
Carlson has his first of the playoffs.
Apr 25, 2015, 4:15 PM EDT
Kudos to the Cambria County War Memorial Arena in Johnstown, Pennsylvania and the Decatur Civic Center in Decatur, Illinois.
Apr 25, 2015, 3:45 PM EDT
He’ll backup for a fourth straight game.
Apr 25, 2015, 2:55 PM EDT
New York, Nashville and Vancouver are all facing elimination today.
Apr 25, 2015, 2:25 PM EDT
Both were in their first season with the hockey club.
- One more time, with feeling: Flames stage yet another comeback, eliminate Vancouver 11
- Keith conquers: Blackhawks come back, eliminate Predators 36
- Red Wings smother Lightning, take 3-2 series lead 17
- Going the distance: Isles edge Caps to force Game 7 29
- WATCH LIVE: Today’s Stanley Cup playoff action 6
- Lucic issues statement on father’s passing 10
- Hall caught off guard by Oilers’ front office shuffle 18
- Wild’s Dubnyk shakes off six-goal night, saves 36 as Blues pushed to brink 34
- WATCH LIVE: Tonight’s Stanley Cup Playoff action 5
- Malkin: ‘I want to say sorry to fans, to my teammates’ 58
- Too little, too late: Rangers stifle Penguins for 2-1 series lead (114)
- It’s Done: Rangers eliminate Penguins in overtime (108)
- Bettman under fire after saying ‘Katy Perry’ chant wasn’t sexist (92)
- Okposo blasts ‘idiot’ Wilson after physical outing versus Isles (82)
- Preds, Forsberg finally solve Darling, push series to Game 6 (76)