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A proposal to build an $890-million professional and amateur sports complex in Calgary’s West Village requires closer examination before any public dollars are committed, says a report from the mayor’s office.

On Monday, city council will debate the report suggesting a multi-phase analysis of the CalgaryNEXT project pitched by the Calgary Sports and Entertainment Corp., which owns the Calgary Flames, Stampeders, Hitmen and Roughnecks teams.

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In August, the ownership group unveiled its ambitious, yet vague plan — to construct a new NHL arena, CFL football stadium and public field house on a parcel of contaminated land west of 14th Street S.W. and along Bow Trail.

“This is a very big project and it represents a huge opportunity for our city,” Ken King, president of the Calgary Sports and Entertainment Corp, said in a recent interview.

“I think it needs to be examined closely and I’m thrilled this next step in the process is underway,” King said.