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Gilroy, Sharks Ice continue talks as construction costs widen funding gap
Summary
City and Sharks Ice negotiators said rising construction costs have increased the project price and left a multimillion-dollar funding gap; the city would offer property and some infrastructure and the Sharks would operate the facility and expand youth programming if terms can be reached.
Gilroy officials told residents they remain engaged with Sharks Ice on a proposed public-private ice facility but that construction-cost inflation has increased the project's price, creating a notable funding gap the parties are trying to close.
City leaders described an ad hoc committee made up of council members and staff that is negotiating with the Sharks organization. Officials said the original…
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