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Markham, Ont., council votes against using public funds for proposed arena

Thursday, 12.05.2013 / 4:55 AM / News

The Canadian Press

MARKHAM, Ont. - City council in Markham, Ont., voted 11-2 Wednesday night against using any public funds to build an NHL-sized arena.

The vote effectively kills a proposed financial framework with businessman Graham Roustan, the CEO of GTA Sports and Entertainment.

The proposed plan was to have Roustan's company put up half of the cost, $162.5 million, for a 20,000 set arena while the city would cover the other half.

Last week, Roustan put forth another plan in which he would increase his share of the cost to about $200 million.

Council decided to study that proposal further.

I've been getting frustrated lately, and the only thing keeping me sane was the team winning and other people stepping up and scoring. Then you just kind of let it go and realize you can end the series with one shot, that frustration goes away for a brief moment, and that's what happened.

— Montreal forward Max Pacioretty after scoring the series-winner in Game 4 -- his first career playoff goal -- to eliminate the Lightning and send the Canadiens into the second round