04-27-2012, 09:33 AM
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#1
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Franchise Player
Join Date: Mar 2002
Location: Waterloo, Ontario
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City of Markham votes in favor of new arena plans
Interesting news.
It appears the prospect of a second NHL-style arena in the Toronto area took another step closer to becoming reality late Thursday night.
Markham Council voted 11 to 2 to allow the borrowing of $162.5 million for the new arena.
Town officials stated that the money will not be raised through property tax increases, but instead through charges to developers and service fees at the arena.
http://www.tsn.ca/nhl/story/?id=394386
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