Grassroots Approach Spurred United's MLS Expansion Packers To Don New Throwback In '15 Franchise Notes Goodell Working With Titans On Ownership Structure A's Launch Latest TV Ad Campaign Dynamo, D-League Vipers Partnering On USL Team Dodgers Spend Big On Cuban OF Olivera Titans President Insists Team Isn't For Sale Bears' McCaskey Met With McDonald Before Signing Benson Addresses Family Lawsuit
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).