A proposed $2. 1 billion progression that includes an arena for the National Hockey League’s Arizona Coyotes and appeals for about $200 million in municipal bonds could be presented to the Tempe electorate next year.

The Tempe City Council, which agreed in June to participate in negotiations with the developer, announced Monday that on Thursday it would seek a solution to reserve a seat in the 2023 vote for arena and entertainment allocation should it be approved by the council and petition drives are being introduced and enough valid signatures are being collected to force residents to vote.

“If the council passes the resolution, it will claim the option of holding a special election on May 16, 2023,” one village said. “This action would not imply approval of the entire project by the council. “

On Nov. 29, the council plans to vote on a progression and disposition agreement that includes compromises between the town and the developer, an amendment to the master plan, and an amendment to zoning.

The project, submitted through Meruelo Group and the team through its subsidiary Bluebird Development LLC, was the only reaction to a request for proposals for a Tempe professional sports entertainment district issued last year for a 46-acre landfill.

The allocation, funded primarily privately, includes a 16,000-seat stadium, an educational center, a theater, hotels, buildings, homes and more than 300,000 square feet of retail and dining space.

To begin transforming the site from a “landfill to a landmark,” the proposal called for the creation of a network amenities district that would raise up to $200 million through bond sales to remove 1. 5 million tons of waste and utilities. infrastructure.

The bonds would be refunded through on-site taxes generated through the assignment and an additional tax of up to 6% on all activities in the district and would be secured through an enhanced asset valuation levy on assets.

The Coyotes play lately at Arizona State University’s multipurpose Mullett Arena in Tempe after the team’s annual lease for Gila River Arena was not renewed last year through the City of Glendale, which financed the facility with $180 million in debt.

The university’s 5,000-seat stadium is much smaller than other NHL facilities, and the next smaller facility can accommodate more than 10,000 additional fans. The Coyotes hope to have a new build in good condition by the 2025 season.

In its final season at Glendale, the team averaged about 11,600 consistent enthusiasts with the game.

The team charges the Phoenix suburb tens of millions of dollars and several score downgrades amid a team bankruptcy filing and adjustments to franchise ownership.

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The $2. 1 billion allocation can only appear in the May 2023 poll if the Tempe City Council approves it and potential petition drives submitted to solicit voter approval are successful.

Voters will get more than $60 billion in bond voting measures on Tuesday, and the New York electorate will face the highest amount with $4. 2 billion.

The judges of the Court of Appeal dissociated themselves from the arguments.

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