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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).