Winnipeg Free Press (Newspaper) - June 19, 1997, Winnipeg, Manitoba
Winnipeg free june 1997 a7 Cost of katzes dream going sources say base Ballpark Deal a Long councillor says of Fresie by afro Santin and Martin Cash City reporters the Price for Sam katzes dream of a base Ball stadium at the Forks has risen to sources close to the entrepreneur said while Katz refused to talk about details from his meeting with the cites top politicians yes sources said the two sides still have some distance Between them before ground can be they said the Rise in the stadiums Cost originally pegged at million has been in by improvements needed to make it usable All Katz would say coming out of the closed door session was that he was pleased with the attended by including those on the executive policy administrators and his Katz faces a monday deadline to accept a coun cil offer that amounts to million in subsidies Over the next 25 which includes a lease for hectares of Cit owned land for and exemption from property and amusement taxes on baseball a lease and Deal Are to be presented for councils approval Katz said Hes confident he can present Council with an acceptable Deal by adding he has to begin construction on a site soon if his the Northern league Are to have a new stadium next but sources said the two sides appear too far apart for everything to be cleared up in a week and that instead of an agreement Katz will give a counteroffer to the City on Harry Lazarenko was among those bet Ting against a speedy i dont think this Deal will said who attended most of the 90minute there just too far apart on too Many Points that Are key to katzes business but Katz said the meeting was not intended to strike a Only to provide clarification on some we wanted clarification for the Council motion and clarification on some issues of the business plan that have not been however Lazarenko Mynarski and others said there int enough time to renegotiate the outstanding others in the room shared Lazarenko expressing Surprise at katzes optimism that a Deal could be its a difficult project to justify doing purely from an economic said an individual who requested in addition to the stadiums rising sources the two sides exchanged other including Katz Hast raised any More than the million he had two months in addition to the million from the province and the pan am games Katz is insisting on exemptions from proper business and amusement tax for All events at the the City says its already put in too much Money and if Katz needs More he should ask the province and Katz wants a 50year lease to make the invest ment More appealing to his Katz refuses to spend million that the City insists he must for the realignment of Pioneer Avenue and for Riverbank Katz was accompanied at the meeting by Broth ers David and Leonard Kevin Hooke of Wellington West and Jim presi Dent of the Crocus investment congratulate your scholars achievements with a personal graduation from in the local Section of the Winnipeg free country dining room 5 piece set available in these White 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