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Sports fans and arena enthusiasts will have to wait a little longer for word on any “plan B’ for an entertainment and sports complex in the railyards – at least until the new city budget is resolved. “I was shooting for sometime in May, but it’s going to take a little longer,” Mayor Kevin Johnson told the media Tuesday. The city spent nearly $690,000 in the past year on consultants and research in preparation for building a new arena in the downtown railyards. When negotiations with the Maloof family, the Kings’ owners, collapsed, Johnson quickly set off in search of a viable ‘plan B’ – with or without the Maloofs. Johnson continues to meet with Tim Lieweke, president of Anschutz Enter
A report on the now-defunct downtown arena deal will likely be light on future prospects for the railyards site, unless City Council members press for more talk on it, Assistant City Manager John Dangberg said Monday. Dangberg is scheduled to give an update on the arena process, including possible next steps for getting one built in the downtown railyards, at Tuesday’s City Council meeting. The city spent approximately $690,000 on predevelopment costs, including travel expenses and consultant fees, since Sept. 27. “This is a very large and complex project, and it is incumbent on all parties going into a project of this magnitude to do the appropriate due diligence,” Dangberg said, addin
Mayor Kevin Johnson said another meeting with the Maloofs is in the works, but stopped short of promising that the arena deal will be revived – or that a new deal will be struck. “Sitting down doesn’t do anybody any harm – but it won’t be dragged out,” Johnson said. “I don’t want anyone to have false hope.” Johnson told media Tuesday at his weekly press conference that the city’s position on the arena deal remains the same, but the city will still explore all options. “In terms of plan B, we continue to do our internal analysis,” Johnson said. “Our goal is to report back (to the City Council) on May 8.” The sticking point in negotiations between the city and the Maloofs is the revenue
Mayor Kevin Johnson and the owners of the Sacramento Kings, the Maloofs, have crossed paths a few times since the handshake deal for a new downtown arena splintered – and both the arena and discussions with the team owners are expected to be key topics at his weekly press conference Tuesday morning. Here's our Twitter coverage of what they mayor had to say: < n The conference occured after tense words were exchanged in the media between Johnson and George Maloof after the tentative agreement for an entertainment and sports complex fell apart last week – but that didn’t stop Johnson from reaching out to the team owners Friday. According to Joaquin McPeek, spokesman for the Mayor’s Office,
Tuesday on Capital Public Radio’s “Insight” program, I talked to host Beth Ruyak about the arena deal, a local business’ history, a new bicycle event and the upcoming SactoMoFo 4. With Friday’s dissolution of the arena deal as it was planned, all parties involved are trying to figure out what to do next. While the Maloofs discussed the possibility of renovating Power Balance Pavilion, city leaders and Think Big Sacramento said Monday that they are still looking into placing an arena in the downtown railyards. A local grassroots group, Sacramento Taxpayers Opposed to Pork (STOP), is trying to gather the approximately 21,000 signatures required to place an initiative on the ballot that wou
Think Big Sacramento Executive Director Chris Lehane said Monday that Friday’s spat with the Maloof family does not spell the end for an arena deal in downtown Sacramento, but that it was a setback that can be overcome. “First of all, we’ve continued to believe that a downtown-based entertainment and sports complex makes tremendous sense for the city and the region for jobs creation and economic development,” Lehane said. “All of that continues to exist, and I think we need to explore alternative ways to move forward.” Lehane said one option would be to follow the model of Kansas City, in which an arena was built without having a professional sports team as a partner. Another way could b
Sacramento Taxpayers Opposed to Pork (STOP) announced Monday that they will continue gathering signatures on a petition that would require large public expenses on a project in the downtown railyards such as an arena to be approved by a public vote. “We’re going to get this thing qualified for the ballot,” said spokesman Richard Tolmach. “A lot of people are stepping up and want to help us.” The group began gathering signatures over the weekend, and Tolmach said there are currently about 1,000 signed petitions. To qualify for placement on a ballot, the petition must have about 21,000 signatures. Placement on the November ballot was previously a top priority – and STOP would have needed
Mayor Kevin Johnson admitted defeat Friday as the deal to build a new arena and keep the Kings in Sacramento failed despite the “blood, sweat, tears and effort” that Johnson said went into it. “Is the deal as we know it dead? Absolutely,” Johnson said. In what turned out to be the third major press conference in New York Friday regarding the arena deal, Johnson told media that he is baffled by the Kings owners, the Maloofs, and he doesn’t understand how things fell to this point. “We felt we had an agreement (in Orlando), they didn’t feel that we did. That’s a pretty fundamental difference,” Johnson said. “It became very clear by their actions today that they didn’t want to make a deal.
Even as the Sacramento Kings’ owners backpedal on a deal struck with the city and arena operator AEG, Mayor Kevin Johnson and the City Council voted 7-2 in favor of spending nearly $13 million on pre-development work associated with the new arena – $200,000 of that advanced from the NBA on behalf of the Maloofs. Less than one month after Johnson returned from Orlando announcing a deal had been struck, the Kings’ owners, the Maloof family, started balking at paying a share of the pre-development costs, which include development of the site plan for the arena and preparing for environmental reviews. In a March 20 letter to the city, the Maloofs expressed doubts about the city’s ability to
A town hall discussion of the new arena Thursday sparked debate between audience members and City Councilman Jay Schenirer about parking issues and the use of public funds to finance the arena project. Schenirer and Assistant City Manager John Dangberg fielded questions from the nearly 30 people in attendance after presenting an outline of project details, including an overview of the term sheet and financing framework. Schenirer said he held the town hall meeting for neighbors in his district because he wanted to make sure they had direct access to him to talk about whatever concerns they have about the arena project. Dangberg was included, Schenirer said, because he is one city staff m
David Watts Barton hosted his final “Insight” show on Capital Public Radio Tuesday, and we talked about a few stories that have caught the attention of Sacramentans recently, including arena financing, affordable housing and utilities rate hikes. After Mayor Kevin Johnson announced a tentative agreement to get a new arena built followed by a 7-2 vote by the City Council in favor of moving forward with the project, it looks like a done deal. But a local group called Sacramento Taxpayers Opposed to Pork is making an effort to put the kibosh on the deal with a new November ballot initiative. The initiative would require any public financing for the new entertainment and sports complex to g
City officials and the new arena operator said Tuesday they are making progress on the terms of an arena deal for Sacramento, but there is still a long way to go before a final agreement is reached. AEG President Tim Leiweke joined Mayor Kevin Johnson, City Councilman Jay Schenirer and City Manager John Shirey at the mayor’s weekly press conference to talk about the ongoing discussions and the specifics of AEG’s role with the proposed entertainment and sports complex. “We have a lot to do and today begins the process,” Leiweke said. AEG is a sports and entertainment presenter based in Los Angeles. City representatives, the Maloofs, the NBA and AEG came to a tentative agreement for an e
With a triumphant shout, Mayor Kevin Johnson cast the final vote in a 7-2 decision in favor of a financing plan to build a new entertainment and sports complex and keep the Sacramento Kings in town for another 30 years. Cheers, applause and chants of “SAC-RA-MEN-TO” broke out among the more than 250 people in council chambers Tuesday at the end of a four-hour-long City Council meeting that culminated in what Johnson called “a historic vote.” “Every one of you in the community did not give up,” Johnson said. “People far and wide all played a role and came together. I think we met every milestone along the way, and we made every minute count.” Johnson and City Council members Angelique As
The city will be responsible for the majority of the cost of a new entertainment and sports complex, according to the much-anticipated financial term sheet released Thursday – a total of nearly $256 million. The contribution from Anschutz Entertainment Group, the new arena operator, will be $58.75 million, according to the terms of the agreement, and the Sacramento Kings owners, the Maloof family, is bringing in $73.25 million. The term sheet outlines the specifics of who pays for what to get a new arena built downtown and provides a framework for negotiations with potential parking operators – the linchpin in the city’s ability to meet its part of the deal. Representatives of the Think
Mayor Kevin Johnson’s late-night triumphal return from Orlando was followed by a 5 p.m. press conference Tuesday in which scant new details were released, but local business, labor and political leaders confirmed their backing of the arena deal announced Monday. “We have a handshake agreement – we have the framework of a deal,” Johnson said. “There’s still a lot of work to be done ... (City) Council has to ask the tough questions.” He said the plan to build the entertainment and sports complex will be made available on March 1 to the public, and a crucial City Council vote March 6 will determine whether the arena will become a reality. “We’ll have a very robust and energetic conversatio
Tuesday on Insight on Capital Public Radio, I spoke with host David Watts Barton and Think Big Sacramento Executive Director Chris Lehane about the tentative arena deal brokered in Orlando that will keep the Kings in Sacramento. The framework of the agreement was negotiated over the three-day NBA All-Star Weekend during numerous closed-door discussions between Mayor Kevin Johnson, a delegation from Sacramento, Kings’ owners and NBA officials. The exact terms of the deal will be revealed Thursday, but early reports from the mayor’s office indicated it includes an estimated $75 million contribution from Kings’ owners, the Maloof family, and an estimated $60 million from arena operator Ansc
Mayor Kevin Johnson held an impromptu press conference Wednesday to give an update on progress with discussions between Sacramento, the NBA and the Sacramento Kings’ owners, the Maloof family. “There are great discussions going on between the city and the NBA and we are confident that we, as a city, are doing our part to make (a deal) happen,” Johnson said. Johnson appeared at the press conference flanked by City Manager John Shirey and City Council members Jay Schenirer, Angelique Ashby, Darrell Fong, Rob Fong and Bonnie Pannell. “We’re closer than we’ve ever been before, and the bottom line is – the city controls its own destiny,” Johnson said. Earlier Wednesday, Johnson and NBA Comm
Mayor Kevin Johnson and NBA Commissioner David Stern released a joint statement today outlining an updated timeline for finalizing terms of a new arena deal for Sacramento. According to the release, the city of Sacramento and the NBA are continuing “constructive discussions” on the details of a financing plan for a new entertainment and sports complex. Johnson said at his weekly press conference Tuesday that details of a completed financing term sheet were expected to be available to the public by Thursday, in advance of a Feb. 28 City Council discussion and vote on the plan. Wednesday’s press release, however, offers an adjusted timeline in an effort to “ensure adequate time for public
The City Council unanimously voted to keep conversations going with bidders interested in taking over the city’s parking operations – and set the stage for a Feb. 28 vote finalizing plans for a new entertainment and sports complex. “Today is about narrowing 13 (bidders) down to 10, and it’s an intermediary step to a more significant vote,” Mayor Kevin Johnson said. Council chambers were full Tuesday night, and members of the public who signed up to speak included eight opposed to the prospect of a long-term lease of the city’s parking and 30 people in favor of it. Project Manager Fran Halbakken described the bidding for control of city parking operations as a competitive process, where
Mayor Kevin Johnson toured the downtown railyards with U.S. Transportation Secretary Ray LaHood Thursday, showing off the site of the future intermodal facility and – if all goes well for Johnson and the Think Big Committee – the site of a new entertainment and sports complex. LaHood stopped in Sacramento on a tour of California to discuss investments being made in job-creating infrastructure projects in Sacramento and around the country, according to a press release Tuesday. LaHood spoke to a crowd of more than 50, discussing the importance of high-speed rail in California, as well as job potential from the future intermodal facility. “This facility is what I believe is a national mode