This morning the Council’s Committee on Civic Arenas met to discuss the proposed MOU with Oak View Group for renovating Key Arena, and in the end the moved it a big step forward.
Yesterday the Council had its first public hearing on the draft MOU with Oak View Group to renovate and operate Key Arena.
Buried in all of today’s chaos over the Mayor’s resignation was the release of the draft MOU between the city and Oak View Group for the redevelopment and operation of Key Arena. It was supposed to be announced at a joint press conference this morning, but that event was hastily cancelled after the news broke about the Mayor’s latest accuser. Nevertheless, the MOU was indeed published and sent to the Council for deliberations and approval.
Here’s what it says.