Since the Council's July 30, 2012 letter to Chris Hansen, our staff and lawyers have been involved in conversations with Mr. Hansen. These discussions are continuing in a fruitful manner. We will continue our deliberations of the legislative package as quickly as possible, but a matter of this significance requires very careful and thorough consideration.

As a result, the proposed arena is not on the agenda for this Wednesday's Government Performance and Finance Committee meeting. The Committee will consider the arena legislation again in September.