Thursday, March 6 2014 11:35 PM EST2014-03-07 04:35:19 GMT
The official start to Spring is only two weeks away and temperatures the next few days will reflect that. We'll see highs in the mid 50s Friday, low 50s Saturday and mid 50s Monday. Tuesday we will flirt with 60 degrees. Full Story >
Sunshine today will push the high temperature into the middle 50s. With cloud cover Saturday will make it to about 50 degrees. Chilly air and a few showers will make Sunday for many and indoor day. Full Story >
Thursday, March 6 2014 11:31 PM EST2014-03-07 04:31:03 GMT
The topic of arming school employees is back in the spotlight in Boone County. On Thursday, the school board met as part of a planned safety workshop to review their current safety and emergency plans.Full Story >
The topic of arming school employees is back in the spotlight in Boone County. For one local man, having an armed school employee has a different meaning.Full Story >
GLENDALE, AZ (CBS5) -
It appears the Phoenix Coyotes will remain in the Valley for the long haul.
The Glendale City Council voted to accept a reworked deal - a proposed $320 million arena-management agreement - with Coyotes suitor Greg Jamison on Tuesday night.
The process has been going on four years now.
In May 2009, then-owner Jerry Moyes filed for bankruptcy.
The Coyotes were reportedly losing $30 million a year at that point, but his plan to sell the team to a group wanting to move the Coyotes to Canada was blocked by the courts and the NHL.
Instead, the NHL purchased the team in November with the intent to resell it to an investment group that would keep the Coyotes in town.
That did not happen quickly and in May of 2010, a year after the team went bankrupt, the city of Glendale agreed to pay the NHL $25 million to manage the team and the arena.
One month later, two possible buyers pulled out of negotiations, including one led by Chicago sports mogul Jerry Reinsdorf.
The team started winning and in the fall of 2010, Chicago businessman Mathew Hulsizer offered to buy the Coyotes.
That's when the Goldwater Institute threatened to sue, saying the deal put too much of the financial burden on the taxpayers. Hulsizer backed out in June 2011.
Around the same time, a new buyer, the former CEO of the San Jose Sharks, Greg Jamison, stepped forward.
He promised to keep the team in town, but the deal reached last June involves a $324 million taxpayer-funded agreement.
Jamison was ready to move forward but three months ago, the city of Glendale announced it wanted to rework the deal.
Jamison has been negotiating with interim City Manager Horatio Skeete ever since. The City Council on Tuesday night approved that new deal by a 4-2 vote, with Mayor Elaine Scruggs and Councilwoman Norma Alvarez voting against the deal.
Still, Glendale needs to make about $20 million in cuts over the next five years because the city faces a deficit, Skeete said. The first round of cuts won't impact public safety, Rose Lane Pool or libraries, though the city says they will need to be restructured. Public safety cuts could come as early as 2015.
The city will cut $6 million immediately, $3.7 million of which will come by eliminating 67 city positions. The rest will come from reducing operational costs, such as recreation programs
Jamison said he will work with the NHL to secure the team over the next 30 to 60 days.
Stay with cbs5az.com for updates on this developing story.
Copyright 2012 CBS 5 (Meredith Corporation). All rights reserved.
Wednesday, March 5 2014 9:44 PM EST2014-03-06 02:44:15 GMT
A growing trend in the United States that has reached parts of Kentucky. A version of the illegal slot machines is being operated under the guise of entertainment. Various types of illegal gambling machines,Full Story >
A growing trend in the United States that has reached parts of Kentucky. A version of the illegal slot machines is being operated under the guise of entertainment.Full Story >
Wednesday, March 5 2014 10:31 PM EST2014-03-06 03:31:12 GMT
Work on the multi-million dollar 4th and Race Street development is making progress, but one key hurdle is re-locating the Paragon Salon. On Wednesday, the salon filed a lawsuit against the city sayingFull Story >
Work on the multi-million dollar 4th and Race Street development is making progress, but one key hurdle is re-locating the Paragon Salon.Full Story >
Wednesday, March 5 2014 6:56 PM EST2014-03-05 23:56:41 GMT
A woman has been arrested after a gun was found inside of her purse as she entered the Job and Family Services building. Police say Shaequya Smith entered the building, located at 222 E. Central Parkway,Full Story >
A woman has been arrested after a gun was found inside of her purse as she entered the Job and Family Services building.Full Story >
Thursday, February 3 2011 5:19 PM EST2011-02-03 22:19:13 GMT
New details have been released on a large drug sweep in Pierce Township, Clermont County. On Wednesday, a total of 17 people were indicted by a grand jury on 46 charges related to trafficking in drugs.Full Story >
Tuesday, April 20 2010 11:21 PM EDT2010-04-21 03:21:00 GMT
31 people are in trouble with the law after a three day prostitution sting in Richmond. Police told NBC12 they targeted specific areas where residents and business owners complained about the illegal activity.Full Story >