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EX MARKS THE SPOT: COUNCIL APPROVES LEAFS ARENA PLAN
Published December 11, 1997
The Maple Leafs' proposal for a new arena at Exhibition
Place won approval from the Metropolitan Toronto Council
yesterday "with ease," according to David Shoalts of the
Toronto GLOBE & MAIL. But the approval "doesn't mean the
Leafs have committed themselves" to the $250M project, as it
now moves into an 80-day due diligence period during which
both the team and the council "will consider various
questions." On February 28, the Leafs will have to decide
"whether to commit" financially to the site. Leafs Chair
Steve Stavro said that he will not use the due diligence
period to force the Raptors and Owner Allan Slaight into an
arena partnership (Toronto GLOBE & MAIL, 12/11).
EMPTY GARDEN: Stavro added that Maple Leaf Gardens
"definitely will not" be torn down. Stavro: "We're looking
to preserve [MLG] as it was built and rent it out for
different sports and charities" (TORONTO STAR, 12/11).




