Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - [News] UPD: City of Glendale to vote on new arena agreement with Coyotes

troutman · 06-29-2015, 02:29 PM

Judge orders Glendale to pay Coyotes $3.75 million

http://www.azcentral.com/story/news/...otes/29478355/

Judge Dawn Bergin denied the city's motion to withhold the payment or hold it in an escrow account because of the contract dispute with the Coyotes.

But Bergin increased the Coyotes' required bond from $250,000 to $1 million.

"What I need to do is protect the city if they prevail," she said.

Coyotes President Anthony LeBlanc said the team was "pleased with the ruling and will continue to pursue our rights."
Glendale officials also expressed pleasure with the ruling.

"We're satisfied with the outcome," said Dick Bowers, Glendale's acting city manager. "We've said all along that our primary obligation is to our citizens. The judge's ruling enforcing an increase in the bond payment is an assurance for our taxpayers that we're looking out for their best interests."

The two sides will start with depositions July 7 and the first evidentiary hearing is set for July 31.

06-29-2015, 02:29 PM	#457
troutman Unfrozen Caveman Lawyer Join Date: Oct 2002 Location: Crowsnest Pass Exp:	Judge orders Glendale to pay Coyotes $3.75 million http://www.azcentral.com/story/news/...otes/29478355/ Judge Dawn Bergin denied the city's motion to withhold the payment or hold it in an escrow account because of the contract dispute with the Coyotes. But Bergin increased the Coyotes' required bond from $250,000 to $1 million. "What I need to do is protect the city if they prevail," she said. Coyotes President Anthony LeBlanc said the team was "pleased with the ruling and will continue to pursue our rights." Glendale officials also expressed pleasure with the ruling. "We're satisfied with the outcome," said Dick Bowers, Glendale's acting city manager. "We've said all along that our primary obligation is to our citizens. The judge's ruling enforcing an increase in the bond payment is an assurance for our taxpayers that we're looking out for their best interests." The two sides will start with depositions July 7 and the first evidentiary hearing is set for July 31.