Calgary mayor Naheed Nenshi says the city remains at the negotiating table for a new NHL arena even though the Flames have declared they’ve pulled out of talks.

The NHL team is frustrated with “spectacularly unproductive” negotiations, according to team president Ken King.

“We remain ready to negotiate in good faith,” the mayor countered Wednesday. “Council understands the importance of the Flames to this city, council understands the importance of having the Flames downtown.

“We worked very hard to come up with a deal that makes sense in this economy without impacting people’s taxes that nonetheless participates in both the risk and the upside.”

The initial $890-million CalgaryNext project the Flames pitched two years ago included an arena, football stadium and field house built on the west side of downtown. The Flames’ owners offered $200 million of their money and proposed a $250-million loan be repaid through a ticket surcharge, with taxpayers footing the rest of the bill.

Council disagreed with the CalgaryNext price tag, saying the project would cost approximately $1.3 billion when cleanup of creosote-soaked soil was included.

“,”orientation”:”1″}’ data-image-title=”<>” data-image-description=”” data-medium-file=”http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=300″ data-large-file=”http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=640″ src=”http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=640&h=427″ alt=”” width=”640″ height=”427″ srcset=”http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=640&h=427 640w, http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=1280&h=854 1280w, http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=150&h=100 150w, http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=300&h=200 300w, http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=768&h=512 768w, http://wpmedia.nationalpost.com/2017/09/story_slug__.jpg?w=1024&h=683 1024w” sizes=”(max-width: 640px) 100vw, 640px”>

Calgary mayor …read more

Source:: National Post – Sports

(Visited 4 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *