The Goldwater Institute has filed a lawsuit seeking to invalidate the Glendale City Council's vote to approve the lease agreement for Jobing.com Arena with Greg Jamison.
The lawsuit was filed in Maricopa County Superior Court on behalf of two Glendale taxpayers, claiming last week's vote violated a 2009 court order requiring Glendale to provide all documents in negotiations between the city and a prospective owner to Goldwater in a timely manner.
“We continue to hope that the city will construct a lawful deal that protects the interests of Glendale taxpayers,” said Goldwater Institute President Darcy Olsen. “Without seeing critical exhibits contained in the arena management agreement such as the arena annual budget or the arena management performance standards, it is not possible to determine the constitutional validity of the agreement.”
From Goldwater:
The lawsuit filed by the Goldwater Institute also alleges that the city violated its own charter in casting a vote on a proposed arena management agreement without putting the arena management contract out to bid.
NHL Deputy Commissioner Bill Daly when asked: "We are not in control of Goldwater.. they will do what they think they need to do and we will do the same..."
Councilwoman Joyce Clark, who voted for the Jamison bid, explained her position via her Twitter feed:
Re: GWI's whine that there should have been competitive bids. The universe of potential hockey team owners who also want to manage an arena and perhaps (please GOD) buy the arena and reduce our debt is very, very small. Gl entertained 4, what was determined to be Ice-Edge, Hulsizer, Reinsdorf and Kaites. Gl determined that Jamison is a responsive bid. To pursue bids from a lease mgt co that has no affiliation to an anchor hockey team is an exercise similar to comparing monkeys to fish. Really?
Showing posts with label Darcy Olsen. Show all posts
Showing posts with label Darcy Olsen. Show all posts
Wednesday, June 13, 2012
Friday, June 8, 2012
BREAKING: Glendale Votes For Coyotes 4-2, Goldwater Thinking Next Move...
More when we know more...
But look for the Goldwater Institute to jump in...
Soon...
Here's the initial analysis from our friends at ABC15
The council ratified the 20-year, nearly $325 million agreement after a sometimes-contentious six-hour meeting attended by Greg Jamison, NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly.
Outgoing mayor Elaine Scruggs admitted in a minority opinion: "We just cannot afford this." The city rules require the rainy day fund have the equivalent of 10-percent of projected revenues. It doesn't...
The $17-million that is supposed to go to Jamison for next season, in part, is coming from a contribution in a city sales tax hike. Within five years, Jamison has option to buy (what is currently) Jobing.com Arena and the city would be debt-free and away from any arena fees.
Ouotgoing councilman Phil Lieberman wanted to table the vote for two weeks, but was turned down by the 4-vote majority.
NHL Commissioner Gary Bettman was part of the process and said: "If we're moving forward together, we will be in a position to discuss deferring at least a portion of what we are owed." But he also wanted to know what was more important to the city and whether they (Glendale) was interested in keeping the team during his time at Q-and-A.
When Jamison was asked who his partners are in the venture, he declined to name any. This jibes with the recent coverage from Forbes' Mike Ozanian that JEG is having problems getting partners.
Here's coverage from 12News and Ed Tribble...
Expect blowback from the Goldwater Institute- and how... the City of Glendale is also in the process of cutting 49 jobs because of budget shortfalls. The HQ is aware how that will sit with the voting base...
Christine Lacroix was in Glendale for 3TV...
((HT: Azfamily.com))
Here's the latest word from Goldwater and Darcy Olsen from Friday afternoon...
This morning, Judge Cooper denied the Goldwater Institute’s motion for a temporary restraining order on the grounds that she felt the court lacked the authority to block the vote. Simultaneously, she issued a strong warning to the City of Glendale about the implications of moving forward today, affirming the Goldwater Institute’s contention that the city has committed “clear violations” both of court orders and open meeting laws.
She emphasized the court would be receptive to considering holding the city in contempt if the council moves forward with the vote, stating that sanctions would be in order. We hope the council will heed the judge’s warning, comply with the law, and give the public sufficient time to review the council’s proposed action.
But look for the Goldwater Institute to jump in...
Soon...
Here's the initial analysis from our friends at ABC15
The council ratified the 20-year, nearly $325 million agreement after a sometimes-contentious six-hour meeting attended by Greg Jamison, NHL Commissioner Gary Bettman and Deputy Commissioner Bill Daly.
Outgoing mayor Elaine Scruggs admitted in a minority opinion: "We just cannot afford this." The city rules require the rainy day fund have the equivalent of 10-percent of projected revenues. It doesn't...
The $17-million that is supposed to go to Jamison for next season, in part, is coming from a contribution in a city sales tax hike. Within five years, Jamison has option to buy (what is currently) Jobing.com Arena and the city would be debt-free and away from any arena fees.
Ouotgoing councilman Phil Lieberman wanted to table the vote for two weeks, but was turned down by the 4-vote majority.
NHL Commissioner Gary Bettman was part of the process and said: "If we're moving forward together, we will be in a position to discuss deferring at least a portion of what we are owed." But he also wanted to know what was more important to the city and whether they (Glendale) was interested in keeping the team during his time at Q-and-A.
When Jamison was asked who his partners are in the venture, he declined to name any. This jibes with the recent coverage from Forbes' Mike Ozanian that JEG is having problems getting partners.
Here's coverage from 12News and Ed Tribble...
Expect blowback from the Goldwater Institute- and how... the City of Glendale is also in the process of cutting 49 jobs because of budget shortfalls. The HQ is aware how that will sit with the voting base...
Christine Lacroix was in Glendale for 3TV...
((HT: Azfamily.com))
Here's the latest word from Goldwater and Darcy Olsen from Friday afternoon...
This morning, Judge Cooper denied the Goldwater Institute’s motion for a temporary restraining order on the grounds that she felt the court lacked the authority to block the vote. Simultaneously, she issued a strong warning to the City of Glendale about the implications of moving forward today, affirming the Goldwater Institute’s contention that the city has committed “clear violations” both of court orders and open meeting laws.
She emphasized the court would be receptive to considering holding the city in contempt if the council moves forward with the vote, stating that sanctions would be in order. We hope the council will heed the judge’s warning, comply with the law, and give the public sufficient time to review the council’s proposed action.
Thursday, June 7, 2012
Goldwater Surfaces In Jamison Discussions (UPDATED: Goldwater Seeks Court Order)
The HQ knew it was a matter of time...
The Goldwater Institute has sent their warning shot across the City of Glendale's collective bow in the Greg Jamison/Jamison Entertainment Group purchase of the Phoenix Coyotes...
They have more questions than warnings at present (especially having to do with the lack of Indian nation involvement, possible violations of the Gift Clause, parking values, and putting everything up to a referendum vote) and finish up with the following paragraph...
We hope that these inquiries will assist the Council in its deliberations over the proposed deal. We further urge you to not to rush to a vote. The terms of the 100-page proposal were released to the public for the first time on Monday, and not all the exhibits and associated documents have been released yet. There should be an adequate public comment period after all the documents have been released, particularly when they commit substantial public resources over many years.
Lisa Halverstadt and Craig Harris put out an article for the Arizona Republic today. They also came up with the notion that no other Phoenix-based franchise gets any kind of subsidy like the Coyotes would get if Jamison takes over.
"We believe the average of $15 million over the course of the term is a fair price," Glendale spokeswoman Julie Frisoni said.
ABC15's Eric English covers the idea of the sales tax increase...
Councilwoman Joyce Clark posted an op-ed piece in the Republic trying to justify her anticipated "yes" vote:
Allowing the team to leave will hurt Glendale financially. The debt on arena bond construction and its operating and management costs still must be paid. The Coyotes pay monthly rent. A surcharge on every arena event ticket sold goes to Glendale. The team generates revenue for 42 games and more when there are playoff games. Hotels and restaurants are full. If the team leaves, there will be fewer nights when Westgate will produce substantial revenue for the city.
Although, the HQ doesn't see her logic, we'll let her say her peace here...
Phoenix Business Journal reporter Mike Sunnucks sits down for AZPBS to discuss the situation...
2210 UPDATE: Cecilia Chan reports from the Republic that Goldwater is going to seek a court order at 8:30AM Friday to prevent the Glendale City Council from voting on the Jamison deal.
The Glendale vote is scheduled for two hours later...
Not a shock...
The statement from Goldwater President Darcy Olsen:
Tomorrow morning the City of Glendale plans to consider what is estimated to be a $425 million arena management deal for Jobing.com Arena. Arizona’s Open Meetings Law and multiple court orders require the city to make public all documents related to the proposed contract at least 24 hours before a Council vote is taken, which it has not done. The 100-page deal released on Monday refers to a number of exhibits that are central to analyzing the impact of the deal on Glendale’s finances, which the city must make public. Per respecting Open Meetings Law requirements, the Goldwater Institute will be requesting a temporary restraining order to prevent the Glendale City Council from voting on the contract Friday morning.
Glendale city attorney Craig Tindall told the Republic's Lisa Halverstadt that their deadline for a deal was supposed to be five days after the last Coyotes game (May 22), but the team got a 30-day extension...
The Goldwater Institute has sent their warning shot across the City of Glendale's collective bow in the Greg Jamison/Jamison Entertainment Group purchase of the Phoenix Coyotes...
They have more questions than warnings at present (especially having to do with the lack of Indian nation involvement, possible violations of the Gift Clause, parking values, and putting everything up to a referendum vote) and finish up with the following paragraph...
We hope that these inquiries will assist the Council in its deliberations over the proposed deal. We further urge you to not to rush to a vote. The terms of the 100-page proposal were released to the public for the first time on Monday, and not all the exhibits and associated documents have been released yet. There should be an adequate public comment period after all the documents have been released, particularly when they commit substantial public resources over many years.
Lisa Halverstadt and Craig Harris put out an article for the Arizona Republic today. They also came up with the notion that no other Phoenix-based franchise gets any kind of subsidy like the Coyotes would get if Jamison takes over.
"We believe the average of $15 million over the course of the term is a fair price," Glendale spokeswoman Julie Frisoni said.
ABC15's Eric English covers the idea of the sales tax increase...
Councilwoman Joyce Clark posted an op-ed piece in the Republic trying to justify her anticipated "yes" vote:
Allowing the team to leave will hurt Glendale financially. The debt on arena bond construction and its operating and management costs still must be paid. The Coyotes pay monthly rent. A surcharge on every arena event ticket sold goes to Glendale. The team generates revenue for 42 games and more when there are playoff games. Hotels and restaurants are full. If the team leaves, there will be fewer nights when Westgate will produce substantial revenue for the city.
Although, the HQ doesn't see her logic, we'll let her say her peace here...
Phoenix Business Journal reporter Mike Sunnucks sits down for AZPBS to discuss the situation...
2210 UPDATE: Cecilia Chan reports from the Republic that Goldwater is going to seek a court order at 8:30AM Friday to prevent the Glendale City Council from voting on the Jamison deal.
The Glendale vote is scheduled for two hours later...
Not a shock...
The statement from Goldwater President Darcy Olsen:
Tomorrow morning the City of Glendale plans to consider what is estimated to be a $425 million arena management deal for Jobing.com Arena. Arizona’s Open Meetings Law and multiple court orders require the city to make public all documents related to the proposed contract at least 24 hours before a Council vote is taken, which it has not done. The 100-page deal released on Monday refers to a number of exhibits that are central to analyzing the impact of the deal on Glendale’s finances, which the city must make public. Per respecting Open Meetings Law requirements, the Goldwater Institute will be requesting a temporary restraining order to prevent the Glendale City Council from voting on the contract Friday morning.
Glendale city attorney Craig Tindall told the Republic's Lisa Halverstadt that their deadline for a deal was supposed to be five days after the last Coyotes game (May 22), but the team got a 30-day extension...
Monday, May 7, 2012
DEVELOPING: The Bettman Is In Glendale, Deal With Jamison...? (UPDATE: Or Not...)
((HT: ABC15.com))
There's talk that there may be a tentative deal in place between the league and former San Jose Sharks CEO Greg Jamison...
The Bettman is scheduled to hold a 6PM local time presser to discuss the topic with anyone and everyone assembled at Westgate City Center...
Here's the early returns
Lisa Halverstadt of the Arizona Republic says that Jamison has to finalize a lease agreement with the Glendale City Council and that councilman Phil Lieberman, who has not been a fan of giving any more money to fund the Coyotes, said he was called to an afternoon meeting with Jamison and Bettman.
There are still two big "but..." details in all of this...
One, according to Halverstadt, is that a four-member majority has given informal support to at least one crucial deal point with Jamison; paying as much as $20 million annually in an arena management fee to the team.
The other is Darcy Olsen and the Goldwater Institute... they're keeping an eye on any and every aspect of the would-be Jamison deal...
We can already see Olsen putting a magnifying glass up to the deal, spread on a table of her choosing, and trying to find where she can purchase one of those fine-toothed combs...
More when we know more...
2130 UPDATE: Or not...even if The Bettman announced a tentative deal... it still has to be approved by the Glendale City Council...
In what is being viewed across the board as a colossal waste of time, Greg Jamison is not unveiling the rest of his ownership group. He is also thinking that he will have an agreement with the City of Glendale in the next few weeks for them to fork over close to US$300-million over the next 20 years.
What is that Shakespeare said about sound and fury...???
Here's Bettman...
((HT: NHL))
And Jamison...
((HT: NHL))
David Shoalts article in the Globe and Mail is must-see reading on the presser and its lack of teeth...
There's talk that there may be a tentative deal in place between the league and former San Jose Sharks CEO Greg Jamison...
The Bettman is scheduled to hold a 6PM local time presser to discuss the topic with anyone and everyone assembled at Westgate City Center...
Here's the early returns
Lisa Halverstadt of the Arizona Republic says that Jamison has to finalize a lease agreement with the Glendale City Council and that councilman Phil Lieberman, who has not been a fan of giving any more money to fund the Coyotes, said he was called to an afternoon meeting with Jamison and Bettman.
There are still two big "but..." details in all of this...
One, according to Halverstadt, is that a four-member majority has given informal support to at least one crucial deal point with Jamison; paying as much as $20 million annually in an arena management fee to the team.
The other is Darcy Olsen and the Goldwater Institute... they're keeping an eye on any and every aspect of the would-be Jamison deal...
We can already see Olsen putting a magnifying glass up to the deal, spread on a table of her choosing, and trying to find where she can purchase one of those fine-toothed combs...
More when we know more...
2130 UPDATE: Or not...even if The Bettman announced a tentative deal... it still has to be approved by the Glendale City Council...
In what is being viewed across the board as a colossal waste of time, Greg Jamison is not unveiling the rest of his ownership group. He is also thinking that he will have an agreement with the City of Glendale in the next few weeks for them to fork over close to US$300-million over the next 20 years.
What is that Shakespeare said about sound and fury...???
Here's Bettman...
((HT: NHL))
And Jamison...
((HT: NHL))
David Shoalts article in the Globe and Mail is must-see reading on the presser and its lack of teeth...
Thursday, January 26, 2012
Bettman: A 3rd Group Interested In Coyotes
((HT: 12News Phoenix/JHendrix70))
NHL Commissioner Gary Bettman says there are now three groups showing interest in buying the Phoenix Coyotes to keep them in Glendale.
Bettman was hosting his weekly radio show broadcast from Ottawa when he divulged the information.
The two groups we all know are kicking the tires are:
1) Former San Jose Sharks president and CEO Greg Jamison and,
2) Chicago sports mogul Jerry Reinsdorf's re-energized interest
Bettman said all this talk is just that right now, and that he doesn't want the Coyotes to move. He did say that if a sale is not completed with anyone to keep the team in town that they'd probably move.
But don't be surprised if there's another round of sales and wanting to sign paperwork, that the Goldwater Institute would be involved if there are alleged ownership shenanigans...
Here's FOSG Brahm Resnik and Goldwater institute pooh-bah Darcy Olsen to discuss the whole thing back when we had Round One with the Desert Dogs... and what may happen again if we get to Round Two...
NHL Commissioner Gary Bettman says there are now three groups showing interest in buying the Phoenix Coyotes to keep them in Glendale.
Bettman was hosting his weekly radio show broadcast from Ottawa when he divulged the information.
The two groups we all know are kicking the tires are:
1) Former San Jose Sharks president and CEO Greg Jamison and,
2) Chicago sports mogul Jerry Reinsdorf's re-energized interest
Bettman said all this talk is just that right now, and that he doesn't want the Coyotes to move. He did say that if a sale is not completed with anyone to keep the team in town that they'd probably move.
But don't be surprised if there's another round of sales and wanting to sign paperwork, that the Goldwater Institute would be involved if there are alleged ownership shenanigans...
Here's FOSG Brahm Resnik and Goldwater institute pooh-bah Darcy Olsen to discuss the whole thing back when we had Round One with the Desert Dogs... and what may happen again if we get to Round Two...
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