Councillor Sloan wants to make sure any possible agreement does not compromise Northlands. .
Councillor Sloan expressing frustration, feeling the city manager is not answering her questions. .
Councillor Leibovici wants to point out the benefits of a downtown arena, which she says will be substantial to Edmonton. .
Councillor Leibovici says staying with the current Rexall Place would lead to questions about who would fund it. .
Leibovici suggests that there is not a lot of opportunity for revitalization in the Rexall Place region.
Krushell says she thinks the current arena deal is a good one.
Councillor Krushell confirms with city lawyer that there are safeguards in place to protect city interests should the Katz Group not meet its financial commitments; also citing how the location agreement is in the city's advantage. She says she likes the agreement. .
Councillor Diotte asking what will the city be getting out of it. Admin says those details still being worked out. .
Farbrother says if you want a revenue mix, you will take on a liability risk as well.
Councillor Diotte wondering if there could be negotiations on revenue sharing. .
Farbrother points out that the city is not actually making any money on Rexall Place under the current agreement.
City administration points out that currently the city is responsible for maintenance costs at Rexall Place.
Anderson says at this point, Edmonton is subsidizing pools, sports fields and ice rinks, and not everyone uses those, so why not subsidize an arena?
Council preparing to table a motion that the revised arena negotiation framework be approved.
Council breaking for lunch.