The Glendale City Council will soon be voting on a proposal that will see the city fork out $325 million in all to potential Coyotes owner Greg Jamison. Regional watchdog group, the Goldwater Institute, has been involved in the team’s dealings in the past and they’ve got some concerns this time around as well.
Goldwater Institute president and CEO Darcy Olsen sent a letter to the mayor of Glendale and the city council to address their concerns with the potential deal. To sum it up, they don’t want to see the taxpayers in Glendale end up over a barrel thanks to the deal.
Goldwater’s concerns hover around the possibility this deal can bring into effect the “gift clause” that helped kill Matthew Hulsizer’s bid to buy the team. They’re also asking about the cost parking rights, arena use at Jobing.com Arena, as well as the speed all of this is happening.