The city’s newly announced private partner for a planned downtown arena and convention centre was notably absent from the city’s governance and priorities committee Wednesday.
Expected to be the star of the show, Oakview Group (OVG) was scheduled give a presentation and answer specific questions about a 25-year, $170 million deal announced last week, but it turns out they weren’t quite ready.
In a statement released at 5 p.m. on Tuesday, the city says the group notified them over the weekend that they wouldn’t be attending.
“The proponent notified the administration over the weekend that they are finalizing their internal review of the tentative agreement framework,” the statement read.
“As a result, they will not attend the meeting on Wednesday but look forward to continuing discussions and will provide updates on their progress before the council meeting on Aug. 28.”