Anthony LeBlanc, one of the owners behind Schooners Sports and Entertainment, says he feels very optimistic as they get set to submit their proposal

The group attempting to bring a CFL franchise to Halifax is hoping to make its pitch for an outdoor stadium to city hall possibly by the end of the week.

This comes nearly a year after regional council directed HRM staff to analyze a business case for a stadium.

Anthony LeBlanc, one of the owners behind Schooners Sports and Entertainment, said he feels very optimistic as they get set to submit their proposal.

"HRM will be able to review this information and I think it checks off several boxes that they probably feel they needed to go do on their own," said LeBlanc. "It's not looking to us or Canada Lands for validation on certain things like parking studies and real estate assessments. We've gone to the best of breed already so hopefully that will help with the process."

But he told NEWS 95.7 if the municipality decides to move on this, residents can expect to foot part of the bill.

"There will absolutely be a requirement for public sector involvement for the acquisition of the land as well as the construction of the stadium but the big difference from other cities will be that the private sector will be offsetting a tremendous amount of these expenses," he said.

LeBlanc said they've also been working closely with Canada Lands and Millbrook First Nation.

The estimated cost of the proposed 12,000 seat stadium is billed at roughly $130 million which is scaled back from its original cost of $170 million to $190 million.