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Larimer County and Eagles hockey owner are at odds over the collapse of an arena deal

The Colorado Eagles minor-league hockey team play at Blue Arena in Loveland. Two men wear white helmets and uniforms bearing an eagle on the sleeve. Players #10 and #21 stand on the ice, poised to react to the puck.
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Courtesy of The Colorado Eagles
The Colorado Eagles minor-league hockey team plays at Blue Arena in Loveland. Team owner Martin Lind is in talks with the city of Greeley about moving the team there.

In late July, Larimer County officials said they were surprised and disappointed to learn through media reports that Martin Lind, whose company owns the Colorado Eagles minor-league hockey team, is in talks with the City of Greeley about moving the team there 鈥 even though the county鈥檚 purchasing office in May had terminated negotiations with Lind鈥檚 company.

The Eagles play at Blue Arena at The Ranch 萝莉少女 Complex, a county-owned facility east of Loveland. Lind鈥檚 Ranch Development Partners had responded to the county鈥檚 request for proposals to build a new, larger arena for the team, and on Feb. 20, it was informed that pending negotiations, it had been selected as developer and operator of a new event arena and youth sports training center at the Ranch as part of a public-private partnership.

However, a document signed May 14 by Heather MacMillan, manager of Larimer County鈥檚 purchasing division, and obtained late Wednesday by BizWest, informed Lind that 鈥淟arimer County terminates further negotiations with your firm. Larimer County appreciates RDP鈥檚 collaboration regarding the negotiations. However, our teams were not successful in negotiating mutually agreeable terms and conditions consistent with the RFP, and the award is hereby rescinded.鈥

Conor McGrath, director of The Ranch 萝莉少女 Complex, told BizWest on Wednesday that county officials 鈥渉ad not been able to solidify a funding mechanism that really followed the fundamentals for a P3鈥 鈥 meaning a public-private partnership. McGrath said the costs of the upgraded arena would have been 鈥100% borne by the taxpayers.鈥

Lind contested that account, however.

鈥淥ur RFP was crystal clear and says nothing about financing,鈥 Lind said. 鈥淚t doesn鈥檛 say one thing about us wanting money from the county.鈥

To discuss financing, he said, 鈥淵ou鈥檇 need to know how much the naming rights to the arena would sell for, and we never got into those negotiations. That鈥檚 why it鈥檚 impossible for them to conclude any financial model.鈥

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Larimer County commission chairman John Kefalas told BizWest that county officials鈥 surprise and disappointment about the Eagles鈥 potential move was because even though 鈥渢he negotiations may have terminated, we were not aware the negotiations were going on with Greeley. We were informed about it last week, and we were trying to understand what had taken place.鈥

He said that the termination of negotiations 鈥渄idn鈥檛 mean we weren鈥檛 willing to go back to the drawing board and see what we can do. We鈥檙e still committed to the Eagles and the Ranch project.鈥

However, Lind said the May 14 termination letter from Larimer County 鈥渨as our last communication with them.鈥

In a nine-minute special meeting Tuesday night, the Greeley City Council unanimously approved a non-binding memorandum of understanding with Lind to explore the feasibility of locating the arena and three ice sheets to the west end of Greeley, along with a hotel and water park. Lind has envisioned this project for several years and has also proposed locating it near The Ranch.

In a news release issued Wednesday, the county noted that the Eagles, an American Hockey League franchise that is an affiliate of the National Hockey League鈥檚 Colorado Avalanche, 鈥渉ave become a beloved part of the Larimer County and Loveland community, attracting passionate local fans and contributing significantly to the local economy.鈥

The release quoted county Commissioner Jody Shadduck-McNally as saying, 鈥淲e were caught off guard to learn about the Eagles鈥 discussions with Greeley, particularly since our partnership has been long-standing, strong, and mutually beneficial.鈥 She added, however, that 鈥渋t鈥檚 also important to reiterate our commitment to balancing fiscal responsibility and the long-term vision for The Ranch complex.鈥

The statement noted that 鈥渙ver the years, Larimer County has invested millions of dollars into facility improvements at Blue Arena, enhancing the experience for fans and players. The county remains committed to supporting the Eagles at their current facility. However, discussions about building a new arena have raised concerns about ensuring a sustainable funding approach that does not burden taxpayers.

鈥淥ur focus is on maintaining and enhancing The Ranch complex, which includes a wide range of events and services in addition to hockey,鈥 Kefalas said in the prepared statement. 鈥淲hile the idea of new developments is exciting, our priority remains on financially viable projects that align with the county鈥檚 strategic goals. We expect all private partners involved in the project to contribute financially, as it is not viable or fair to expect taxpayers, at this time, to fund a new arena fully.鈥

鈥淲e believe The Ranch is a premier location, offering unique benefits and a solid foundation for future growth,鈥 Commissioner Kristin Stephens added in the news release. 鈥淭he county has been transparent and proactive in our efforts to support the Eagles and other stakeholders. We have invested over $40 million to support the capital expansion of the Ranch Campus in preparation for supporting a new home for the Eagles, youth hockey, and other Arena events, and remain committed to meeting the needs of our stakeholders.鈥

Lind, one of Northern Colorado鈥檚 most prominent developers, has been acquiring land north of U.S. Highway 34 on the west edge of Greeley and told BizWest on Monday that he is under contract for additional acreage that would take his holdings in that area to about 800 acres.

In a telephone conversation with BizWest, Kefalas referred to the talks that will be held with Greeley city officials and said, 鈥淚 don鈥檛 know what exactly is going to go into those discussions. All I know is that the Eagles are going to stay for a number of years at The Ranch because it takes a while to build a new arena.鈥

Dallas Heltzell is a reporter with BizWest. His work appears frequently online at . Contact Dallas at dheltzell@bizwest.com

With BizWest since 2012 and in Colorado since 1979, Dallas worked at the Longmont Times-Call, Colorado Springs Gazette, Denver Post and Public News Service. A Missouri native and Mizzou School of Journalism grad, Dallas started as a sports writer and outdoor columnist at the St. Charles (Mo.) Banner-News, then went to the St. Louis Post-Dispatch before fleeing the heat and humidity for the Rockies. He especially loves covering our mountain communities.
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