May 8, 2013, 2:07 PM EDT
Edmonton city councilors want to know how a $55 million shortfall will be made up before voting on a plan to build a $480 million downtown arena to house the Oilers.
Which seems rather obvious, doesn’t it? Knowing where the money is coming from before committing to spend it? When have politicians ever kicked the can down the road? OK, maybe don’t answer that.
“I realize Edmontonians would like this settled,” said Mayor Stephen Mandel, per CBC.ca. “In front of us today is not a solution. We need to come back for this council to vote on something that can be voted ‘yes’ or ‘no.’”
The city has been adamant it won’t put any more into the deal. The problem is, the province has also been adamant it won’t directly fund the arena, and the Oilers don’t want to up their contribution either.
So for now, it’s a bit of a stand-off.
It’ll get done though. No politician wants to pay the price that would be attached to failure.
- Leafs re-sign Reimer — two years, $4.6 million 16
- Gorges still can’t explain falling out of favor in Montreal 10
- Eller, Habs agree to four-year, $14 million contract 10
- Cory Sarich hospitalized following cycling accident, expects ‘full recovery’ 7
- Stamkos shrugs off talk of LeBron-like homecoming to Toronto in 2016 30
- Avs and O’Reilly agree on two-year deal, but questions remain 45
- Rangers and Kreider avoid arbitration, agree on two-year deal 39
- Zuccarello takes Rangers’ one year, $3.5M deal 42
- Advancement? Leafs sign Booth for one year, $1.1M 25
- Leafs hire 28-year-old stats advocate as assistant GM 32
- NBC Sports to air over 100 NHL regular-season games in 2014-15 (69)
- Vanek connected to federal gambling investigation (61)
- Lucic regrets handshake-line actions, but isn’t apologizing (58)
- Report: O’Reilly wants $6.7M deal, Avs counter at $5.5M (58)
- Red Wings unveil plans for new arena, look to open in 2017 (57)