DALLAS — Glendale, Ariz., will issue up to $125 million of excise tax revenue bonds under a lease agreement designed to keep the Phoenix Coyotes hockey team playing in the city-owned Jobing.com arena.

In a deal approved by the City Council on a 5-to-2 vote Tuesday night, Chicago businessman Matthew Hulsizer would buy the Coyotes from the National Hockey League with a commitment to keeping the team in Glendale.

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