24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Seattle City Council Approves Arena Deal

Seattle City Council members Tuesday morning outlined an amended arena agreement with investor Chris Hansen that they said offers greater protection for taxpayers and begins to fix Sodo traffic problems that the Port of Seattle says could threaten its operations.

The deal also provides $7 million to help KeyArena stay viable.

"We set out to make sure the general fund is protected, freight mobility is helped and that we have help in charting the future of Key. We achieved these goals," Council President Sally Clark said at a morning news conference.

Source: Seattle Times. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement