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City Council Approves Arena Deal

by staff / Edmonton Oilers

AUDIO: Daryl Katz on Arena Deal

Today Edmonton City Council voted in favour (10-3) of the Master Agreement funding model for a new downtown arena. According to Mayor Stephen Mandel, contstruction will begin "early next year, if not sooner."

More to come...

     Today's #yegarena funding report to #yegcc includes $25M from Regional Collaboration Project, $15M from CRL, $15M from Katz Group                                                            @EdmontonOilers
     "We'll have a brand new arena with the #Oilers staying in our city. It's about building our future." - Mayor Mandel
     "This is a major project, not just for Edmonton, but for the entire region." – Coun. Dave Loken #yegarena #yegcc
     "A vibrant downtown is about a whole package ... This project is a vital part of that." – Coun. Don Iveson #yegarena #yegcc
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