Coyotes referendum fails to get required signatures - KTRE.com | Lufkin and Nacogdoches, Texas

UPDATE

Coyotes referendum fails to get required signatures

© CBS 5 © CBS 5
GLENDALE, AZ (CBS5) -

An effort to put the Phoenix Coyotes' deal in the hands of Glendale voters has failed.

Ken Jones of Back to Sanity, the PAC that wanted to put the multi-million deal with prospective team buyer Greg Jamison, confirmed they failed to get the roughly 7,000 signatures needed for the referendum.

Jones released a statement on Friday saying, "We lost because the money we expected to help pay signature collectors did not materialize."

Earlier this week, Glendale's acting city manager signed the deal for $300 million over 20 years that pays Jamison to run the city-owned Jobing.com Arena.

City spokeswoman Julie Watters said now Jamison must finish his deal with the NHL before he can sign the deal.

Watters said they don't yet have a timeline on that.

[Related: Glendale's decision on Coyotes was 4 years in the making]

Stay with cbs5az.com and CBS 5 News for updates on this developing story.

Copyright 2012 CBS 5 (Meredith Corporation). All rights reserved.

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