Mr. Bill Yuill, Chairman and CEO of EHT, Inc., the owner of the Everett Silvertips hockey club, announces that they have joined with the Everett Public Facilities District to come to terms for a 10 year extension of the lease for Angel of the Winds arena. Initially, there will be a 5 year lease to 2023, with an option to renew the lease for an additional 5 years to 2028.
The initial 5 year lease extension, provides for EHT, the Silvertips organization, to provide a contribution of $500,000 in capital improvements to the arena facility to meet the facility standards mandated by the Western Hockey League (WHL) and the National Hockey League (NHL), necessary facility improvements that the Public Facilities District were unable to fund.
The Silvertips are entering their 16th year as a member of the WHL and look forward to providing world class junior hockey for our fans in the City of Everett, as well as our friends and fans scattered around Snohomish County.
We are delighted to be an integral part of the social fabric of the City and the County.