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Arena plans submitted to the city last December will get a second chance after developers behind a complicated land swap didn't produce a viable proposal on schedule, a city official said Friday.

At least one of the teams behind the other six proposals is still interested.

The exclusive negotiating period granted to the Sacramento Convergence Team, led by developers Gerry Kamilos and David Taylor, ends Monday. At Tuesday's City Council meeting, city staff will propose spending the next few months determining whether any of the other proposals seem possible.

"It's now time to regroup and touch base with our stakeholders – the NBA, for the most part, and Maloof Sports and Entertainment – and determine how to move forward from here," Assistant City Manager John Dangberg said.

On Sept. 28, the Sacramento City Council voted against Mayor Kevin Johnson's suggestion to end the exclusive period early. Johnson made that proposal after the developers couldn't sell Cal Expo officials on their idea to move the state fairgrounds to Arco Arena and allow private development of the existing fairgrounds in a deal to build an arena downtown.

The council also gave the group a chance to submit an alternative proposal.

But the group failed to present any additional information to city staff by a deadline two weeks ago and notified the city that it would not present an updated plan before the negotiating period expires.

"We have to admit up front that we have yet to find a solution that works for all the key stakeholders," Kamilos wrote in a letter dated Oct. 20.

"We know now what each of these stakeholders, what their needs and limitations are," he added later. "The real challenge is how do we mesh all those wants and needs and limitations together into a plan."

The group will continue to work on an alternative, which could involve a request for a bigger chunk of city railyards land to develop downtown. The group hopes to submit another proposal in January, according to the letter.

NBA Commissioner David Stern said he's lost hope that the Sacramento Kings will get a new arena.

"My optimism on there being a new building has faded completely," he said during a media conference call Friday. "We really tried hard. The Maloof family has spent an enormous sum of money. People of goodwill – from Senator Steinberg to the governor to Mayor Johnson – have joined in, and frankly it wasn't – I guess – to be, because we were missing an essential party."

However, Stern said he'll watch to see what other ideas may come forward.

Jeff Baize of Brookhurst Corp. said his team, Natomas Entertainment Sports Center Partners, welcomes another opportunity to plan to build a new entertainment complex on 100 acres of city-owned land just north of Arco Arena. The team includes Citibank, which would structure the plan's financing.

The group chose that location because it has existing infrastructure, traffic wouldn't be a problem as it could be downtown, and funding would be more attainable. But they're not sure a plan involving the Natomas site would be considered, he said.

"It's our team's firm belief that the city is not interested in looking at any other sites outside of the downtown area," he said. "This would present a challenge for anybody interested in a site other than the downtown location."

Johnson believes the railyards are the best location for a new arena, Johnson's special assistant, R.E. Graswich, said Friday.

The city won't give up until a new arena gets built, Dangberg said.

"The city remains as committed as ever to finding a solution to bring an entertainment and sports venue to Sacramento that is befitting of this region," he said. "It is not easy to do in this economic climate – especially with a real-estate based solution, as the convergence recommendation was."

 

Graphic provided by Thomas Enterprises in its proposal to build a downtown arena.  

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October 23, 2010 | 7:03 AM
How many times and ways can taxpayers tell City Officials "we don't want to pay for a new Arena?"
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October 23, 2010 | 1:15 PM
The beauty of the rendered concept (by Populous btw, they rarely get credit) is that it is not an arena. It is a intermodal transit center with Amtrak, RT, streetcars, buses, taxis and bike links. It is a visual and performing arts center, it is a historic public plaza where the mayor can hand out the keys to the city and it is an event center for 200+ nights of entertainments of all kinds. You don't want to fund the Maloof's part? Understood. The rest of it cement's Sacramento place as THE crossroads of the great Central Valley.
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edited on  October 24, 2010 | 3:35 PM
It is a scam and sham anyway you look at it. I, for one, am sick of wasting scarce City resources on pie in the sky.
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October 23, 2010 | 12:15 PM
I wonder if anyone has ever thought of selling bonds to build a new arena? Perhaps either local municipal bonds or corporate bonds, or even a combination of the two.

I admit to having no knowledge of what is required to make that happen, but in principle it seems it might get volunteer community support which is better than taxing and might make this town feel like they have a stake in their sports team again. Anyone with more knowledge have any thoughts?
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October 25, 2010 | 8:28 AM
It's called tax increment financing, Geoff--since building on a redevelopment site will theoretically raise the property value of the land, you sell bonds based on expectations of that future value. It can work well in a healthy economy--it was very successful when we did it in the West End, for example--but it can also backfire, as it did in Kansas City where the city paid for 60% of their new arena (one that still has no permanent tenant) and then the property value didn't rise to predicted levels. The city is held responsible for paying off the bonds if the property value doesn't rise sufficiently. In the movie "The Next American Dream," Christopher Leinberger mentioned that the proper ratio of private to public funding should be about 15:1. With that ratio, less than 10% vs. Kansas City's 60%, the public risk is considerably less. A lot of that movie's out-of-context quotes with Leinberger have some good advice. Public funds can help catalyze private action, but projects like this should not be fully dependent on the taxpayers' dollar.

So yes, it can work, but there is still an element of risk.
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October 25, 2010 | 10:55 AM
the difference between the kansas city sprint center that is empty and any new arena here in sacramento is, a tenant is already here in sacramento. another reason why this city does not want to let our only professional sports franchise leave. the kings were in KC prior to coming to sacramento and even with a brand new arena, the small market town that KC is can't get them another sports team. if the kings were to leave sacramento, then the city would be left without a new arena and an empty arco arena to stare at. and there would be no way in hell another team would be awarded to sacramento if the kings were to leave.
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edited on  October 25, 2010 | 4:34 PM
Geezus H christ - you Democrats need to stop trying to force taxpayers at gunpoint to pay for private FOR-PROFIT ventures.

Doh, but the developers are Democrats who give heavily to Democrat campaigns, so that's how that works...
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October 26, 2010 | 6:55 AM
first off, i am not a democrat, but an independent and a free thinker. second, you republicans are such freaking hypocrits. you get all up in arms when in your mind the government tells you how to spend your money, but you have no problem having the government tell a woman what to do with her body when it comes to abortions. you have no problem having the government telling the gay community whom they can and can't marry. for a party, and i suspect you as well, who wants smaller government and for the government to get out of our lives, you spend a lot of time in our lives.

and who is forcing anyone at gunpoint? you keep using that analogy. so far nothing has been passed. so far there isn't an arena. where is this force you are talking about? it seems to me, the public has had a say in what is going on. but for those of us who think an arena is a good thing for the area, we will regroup and come back with a different plan. in fact, it may even be one that makes sense for the area.

so in your republican mind, if the first time you don't succeed, just quit? "geezus h christ" if that were the case, there wouldn't have been an american revolution; there wouldn't have been a civil war; there wouldn't have been the constitution. the american way is to not give up. but the republican way is to preconceive the notion of victory, a la "mission accomplished", how is that iraqi war going anyway?
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October 25, 2010 | 6:59 AM
The area desperately needs a new entertainment arena complex and, hopefully, in the old railyards. Coupled with planned residential and commercial and linked to the riverfront, that area would be the Crown Jewels of the six-county area. Open the new arena with a big-name act like the Foo Fighters!
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October 25, 2010 | 4:31 PM
you did not just say Foo Fighters did you?
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October 25, 2010 | 8:05 PM
Seriously, Foo Fighters?
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October 25, 2010 | 10:13 AM
Major transportation projects have always been publically subsidized (Federal interstates, state hwys, etc) but they've largely subsidized sprawl. The Intermodal subsidizes urban renewal...and if an event center can be part of that, we bring Federal and State dollars to Sacramento. Our tax dollars have long gone to build LA and SF, maybe its time some of theirs come here.
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October 25, 2010 | 7:15 PM
No need for a new arena has been established by the NBA or the Maloofs who are the principles driving this madness. Bond financing is just another form of public financing for a facility that will be controlled by the Maloofs, and we've voted that down TWICE.

ARCO already exists, and the Maloofs have failed to even pay for IT.

How many more times is this stale proposal going to float when the primary beneficiaries are private deadbeat tenants whose only contribution to this project is heavily discounted rent???
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edited on  October 25, 2010 | 11:07 PM
The principles driving this project are the same that drive almost every big project in Sacramento, either the Greek developer mob or David Taylor get what they want, when they want.

This is how the scam works - Quid Pro Quo, otherwise known as Pay to Play - the local elected monkeys need campaign money - they give hundreds of millions of dollars of NO BID contracts, almost always through SHRA, to their developer buddies - seemingly in direct exchange - these developers donate HEAVILY to the DNC and the local elected officials who are almost entirely Democrats - it's actually quite a sweet set up they have here in River City. But most citizens are oblivious, or Democrats - so no one really complains - they may be corrupted elected officials - but at least they are on their team, so the rationale goes. The same exact crap goes on in DC, with BOTH parties. This is why America is doomed, and no election will cure what ails this country.

And don’t even get me started on the Citizen United case....
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October 26, 2010 | 3:06 AM
I think you should write at least one positive, innocuous comment for every five of your usual gloomsters. It'll brighten your day and you'll feel great!
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October 26, 2010 | 6:59 AM
I think YOU should catch yourself when offering others unsolicited advice when you feel the need to pontificate about how your life is so much better than those of others... I doubt that to be the truth.
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October 26, 2010 | 9:06 AM
You're probably right. Carry on, everybody!
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edited on  October 26, 2010 | 10:11 AM
LOL Joel, there are PLENTY of mindless ""positive, innocuous comment[s]" posted on Sac Press, they dont need any more.

I am here to give a lonlely contratian voice in a truly dark and corrupted City. Most people (especially those working for Sac Press) could care less about the back story, or the realities of what is actually happening, they prefer their news sugar coated and easily digestable.
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October 26, 2010 | 11:07 AM
Well, I don't think I would have gone through all the trouble to create a platform to express your views if I didn't think they had any value.
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October 26, 2010 | 11:07 PM
True statement - clicks and page views have value.

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October 26, 2010 | 11:47 PM
Writing a website that caters to a market capped by the size of just one city wasn't the top item on my list of "The Quickest Ways to Turn Clicks and Page Views into as Many Dollars as Possible."
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October 27, 2010 | 12:16 PM
Well Joel if you didn't do it to make money then why bother - you just wanted to "give back"?

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October 27, 2010 | 1:45 PM
One can have many reasons behind a single action. For instance, I chose programming as a profession because it's always been my hobby, but I also didn't mind having enough money to live comfortably.

In the case of Sacramento Press, giving my community a platform to have conversations such as this does provide a different sense of satisfaction than working on software that runs a cardboard box factory, although I'd probably have to defend my intentions to the public less often.
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P W
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November 2, 2010 | 4:54 PM
CARDBOARD KILLS RAIN FORESTS! DOWN WITH CARDBOARD!
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