2017-09-12 City Council Northlands Update
Carried

Action: 1. That Administration negotiate with Edmonton Northlands agreements as required to effect the transition of the operation of the Northlands site as outlined in the Memorandum of Understanding as set out in Attachment 1 of the September 12 2017 Financial and Corporate Services report CR_5148.

2.  That Attachment 2 MOU between the City of Edmonton and OEG be added to the September 12 2017 Financial and Corporate Services report CR_5148.

3. That the September 12 2017 Financial and Corporate Services report CR_5148 remain private pursuant to sections 24 (advice from officials) and 25 (disclosure harmful to economic and other interests of a public body) of the Freedom of Information and Protection of Privacy Act and that the report and presentation be reviewed for release by January 2 2018 and that Attachment 1 - Memorandum of Understanding between the City of Edmonton and Edmonton Northlands and Attachment 2 - Memorandum of Understanding between the City of Edmonton Edmonton Arena Corp. and Oilers Entertainment Group Canada Corp. be released immediately.

4. That City Council approve a further deferral of the EXPO loan payments as outlined in the September 12 2017 Financial and Corporate Services report CR_5153 contingent upon the staged surrender of the Northlands site including all ancillary agreements in form and content acceptable to the City Manager.

Department: Financial and Corporate Svcs. Office of the City Manager

Unanimous