This new option proposes that GTA Centre, LP would be responsible for funding all costs towards the construction of the GTA Centre above a maximum amount of $162.5 million, which the City of Markham would facilitate through receiving private sector developer contributions.
As a result of this new option for the financial framework, the City of Markham would no longer need to borrow $325 million — as in the original financial framework option that was approved by an 11-2 vote by City Council in April 2012 — and the GTA Centre would be 100% privately funded.
Two leading investment banking firms, Wall Street firm Jefferies LLC and Bay Street firm Canaccord Genuity have joined the GTA Centre team to support this new option.
“We believe that our new option should be considered seriously by Council members,” said W. Graeme Roustan, Chairman and CEO, GTA Sports & Entertainment. “I have met with several private sector developers who support the GTA Centre and want to make financial contributions to the city towards its development. I am very confident that the City of Markham will come up with a satisfactory way to receive the contributions from the private sector developers.”
With their mothers traveling on the road trip — Matt Bartkowski‘s mom, Beth, has become a cult hero in Vancouver after another priceless media interview — the Canucks took back-to-back wins, moving them right back into the thick of the playoff fight in the Western Conference.
Up by a goal in the third period, defenseman Alex Biega played the hero, pulling the puck out of the crease after it got by Ryan Miller on a backhand shot from Kyle Chipchura, maintaining Vancouver’s lead.
Phaneuf burned on Zetterberg game-winner in Sens debut
“I put my stick there, he put (the puck) under and he made a good shot. I’ve got to have a better stick in that situation, but you’ve got to give him credit for that play.”
Phaneuf finished the night with a minus-one rating and two hits in almost 22 minutes of ice time, putting him second among Sens defensemen in that category behind Erik Karlsson, who played a whopping 33:30.
Phaneuf drilled Red Wings defenseman Danny DeKeyser with a hard slap shot early in the third period.
DeKeyser played one more shift — all of 10 seconds — before exiting the game.
Blashill says DeKeyser has a bruise, not a break. Will know more tomorrow, but probably day-to-day
The New York Rangers are likely too far behind the Washington Capitals to take any legitimate run at the Atlantic Division down the stretch.
But winners now of four straight, the Rangers have opened up a bit of a gap between them and other Eastern Conference teams in the playoff race. New York scored a 3-0 win over the Pittsburgh Penguins, winners in six of their last seven games, on Wednesday.