T'Wolves Set Sales Record In Wake Of Love Trade Knights Top MiLB Attendance With New Ballpark Franchise Notes Ravens Partner With Domestic Abuse Center Phillies President Takes Leave Of Absence Devils, 76ers Buy 3D Tech To Help Fan Experience Royals' Yost Clarifies Remarks About Crowd Leiweke Discusses MLSE Exit Franchise Notes Padres Honor Selig With Ceremony, New Plaza
Upcoming Conferences and Events
WINNIPEG CITY COUNCIL VETOS TAX EXEMPTION FOR JETS DONORS
Published July 28, 1995
The Winnipeg City Council defeated a motion to grant charitable tax status to an endowment fund set up by the Spirit of Manitoba to cover losses for the Jets until a new arena is built, according to today's WINNIPEG FREE PRESS. Mayor Susan Thompson, warned the vote could cost taxpayers nearly C$18M, as the team may now be sold and moved with the city responsible for next year's debt. Councilman Jae Eadie, a one-time supporter who voted against, said his vote was symbolic of Spirit's failure to live up to a promise to raise the necessary money to buy the team in exchange for public arena financing (WINNIPEG FREE PRESS, 7/28). IS THE SPIRIT WILLING? Spirit President Cam Osler, whos group claims to have over C$42M raised towards an endowment, said they will proceed with three options: continue to raise funds without a charitable ruling and approach the council at a later date; find another vehicle for getting a tax break; or admit the attempt to save the Jets has failed (WINNIPEG FREE PRESS, 7/28).