The Adirondack Civic Center Coalition has formally entered into a new five-year lease with the City of Glens Falls to operate Cool Insuring Arena.
The lease officially begins Jan. 1, 2020 and will be effective until Dec. 31, 2024.
“We’ve seen tremendous progress over the past five years, and we look forward to the progress we will see over the next five,” said Dan Burke, president of the Adirondack Civic Center Coalition board of directors. “We are not where we are without the support of our community, the Warren County Board of Supervisors, the City of Glens Falls, former Mayor Jack Diamond, current Mayor Dan Hall, Sen. Betty Little, Assemblyman Dan Stec, our partners, and the great Adirondack Thunder hockey fans.”
“I am excited about the future of the Cool Insuring Arena. The arena plays a vital role in our community. It enhances the quality of life in the tri-county area and serves as an economic engine for the region,” said Hall. “The arena is in good hands. I think others at the county level and in neighboring communi.ties see that too. This agreement is proof of that. There’s a willingness to share the funding challenges in keeping the venue viable and moving forward and those funding challenges no longer fall uniquely on the backs of city taxpayers.”
He said the Coalition is taking the arena in a positive direction “and I believe they are the people who are best qualified to move the arena forward. They have a vision and have the drive to bring that vision to fruition. I’m looking forward to the next several years as the Coalition works with the community to help the Cool Insuring Arena achieve its full potential.”
For more information and updates on events occurring at Cool Insuring Arena, visit CoolInsuringArena.com, call 518-798-0366, visit the Upstate Chevy Box Office or follow along on social media @CoolInsArena.
The Coalition in June of 2018 made its final payment of $50,000 to the city of Glens Falls, completing the lease-purchase of Cool Insur.ing Arena. While the monetary component of the agreement was fulfilled, the arena remains under lease from the city until the end of 2019,
The coalition also purchased the Adirondack Thunder hockey team from Calgary Sports & Entertainment in June 2017.