Glendale Council approves Coyotes lease
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Hey there, time traveller!
This article was published 08/12/2010 (4560 days ago), so information in it may no longer be current.
GLENDALE, Az. – Tuesday night’s last gasp vote did not go the way many Winnipeggers were hoping and the Phoenix Coyotes will remain in Arizona.
The City of Glendale approved a lease that will pay potential new owner Matthew Hulsizer $197 million over the next six years to buy and operate the team at Jobing.com Arena.
Hulsizer will now attempt to close a sale of the Coyotes with the NHL at a purchase price of $170 million.
After two hours of presentations from Glendale employees and a councillor question and answer period, 45 minutes of citizen testimonials followed.
The testimonials included angry rants from concerned taxpayers to teary pleas of save the Coyotes.
Some four hours into the proceedings Mayor Elaine Scruggs called for a vote and it passed 5-2 in favour of ratifying the lease.
Updated on Monday, December 13, 2010 12:55 PM CST: Adds that Gary Lawless will be in Glendale covering the meeting