Senate panel advances Coyotes arena proposal, but legislators remain wary
Regional News
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A conflicted Senate panel has agreed to advance a bill setting up a way for the Arizona Coyotes to use tax money to help build a new arena.
The proposal from Sen. Bob Worsley, R-Mesa, would let the Coyotes use half the new sales tax generated from a new arena and business district it wants built to pay off bonds.
The Coyotes have a year-to-year lease on a taxpayer-funded arena in Glendale. They want a new facility either in downtown Phoenix or in Tempe.
The team says it will put in $170 million and expects the same amount from bond sales.
The Senate Transportation and Technology committee approved SB1149 on a 6-1 vote, but many members expressed wariness of the plan.
Read the full story at AZ Capitol Times
Corrie O'Connor
