June 19, 2013 at 7:41 AM
No decision in Glendale on arena deal
The Glendale City Council met Tuesday night to consider a rental deal for the use of Jobing.com Arena with prospective Coyotes owner Renaissance Sports & Entertainment.
At issue is the management of the city-owned facility where the Coyotes have played since 2003. The city has budgeted $6 million while the RSE group reportedly is targeting $13-$15 million.
Contrary to recent reports that a deal was imminent, there was no resolution Tuesday.
There’s speculation been that if the two sides don’t agree on a lease agreement before next Tuesday’s public meeting, then RSE’s deal to buy the team will collapse and the NHL will consider other options, including possibly moving the team to Seattle.
Commissioner Gary Bettman said he hoped to have a resolution before the June 27 Board of Governors meeting.
However, Glendale City Councilman Gary Sherwood told the Arizona Republic the issue could stretch until July 9.
It’s believed the Council is split on allocating public subsidies to the Coyotes.
Yvonne Knaack, Manny Martinez and Sherwood are almost certain to be in favor of the latest Coyotes deal.
Councilmembers Norma Alverez, Sammy Chavira and Ian Hugh are likely voting no.
Alvarez told the Republic on Tuesday: “I’m sorry, but I’m not for the Coyotes.”
New Glendale Mayor Jerry Weiers is the possible swing vote.