The following statement from the David S Palmer Arena Board of Directors is in regard to the Vermilion County Bobcats ceasing operations.
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Statement from David S. Palmer Arena Board of Directors
On February 9th, the Vermilion County Hockey, LLC, the official owner of the Vermilion County Bobcats, announced it will cease all hockey operations, effective immediately. Under the terms of the current lease agreement, this cessation of operations results in a termination of the lease. Additionally, numerous requests have been made for rental payments due and owing under the current lease agreement without response and without payment from the Vermilion County Bobcats.
The Arena Board is hopeful this will finally resolve the pending litigation in Vermilion County, where thousands of dollars have been spent in the defense of the Arena. The choice to continue the contested litigation lies solely in the hands of Ellen Tully, as the owner of the Vermilion County Bobcats.
The Arena Board is disappointed in the events that have unfolded over the course of the last week; however, the Board is fully committee to the community and will be working diligently to partner with another hockey team as soon as possible to continue to provide entertainment to the residents of the county and role models for our youth programs.
The Arena remains a place where our Vermilion County community can come and spend time with their families while ice skating, attending special community events, or utilizing the rental rooms available for private events. Further, the Board will continue to make decisions based upon financially sound strategy in order to promote the longevity of the Arena.
The Board has been there and will continue to be there for our Vermilion County residents.
News story here.
News story here.
