The city executive board’s additional meeting discussed the financing solution to Kivistö event arena
The city executive board stated that the land-lease agreement and real-property preliminary agreement can be signed after the office-holders have verified the financing arrangement, as well as the documents related to it.
The city executive board approved Arena 3.3 Oy’s land-lease agreements and preliminary property sales agreements on December 2, 2024. The city executive board decided, on June 18, 2025, that the agreements can be signed after financing for the project has been secured, and after the city executive board has received an account of the financing. The project has signed the preliminary agreements related to financing.
The city executive board stated that it has received the account of the project financing. Furthermore, the city executive board stated that the land-lease agreement and real-property preliminary agreement can be signed after the office-holders have verified the financing arrangement, as well as the documents related to it.
The city executive board approved the deputy mayor’s supplementary proposal after voting, eleven votes to three.
A protocol statement was submitted regarding the matter.
You will find the agenda and, later on, the minutes of the meeting online at: www.vantaa.fi/paatoksenteko
