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Sacramento City Council To Vote on Arena Funding


The Sacramento City Council is scheduled to vote Tuesday night to establish a $6.5 million dollar budget to pay for services related to the proposed downtown sports and entertainment complex. 

The council will be asked to approved expenditures totalling $1.755 million dollars:

$200,000 for ESC Facility and Finance Advisor Barrett Sports Group (BSG)

$250,000 for Sports Facility Design/Construction Advisor John Hilkene of Weston Sports and Entertainment.  Weston would serve as the City’s technical consultant and project monitor.

$425,000 for parking consultant Walker Parking

$80,000  for an ESC Revenue Analysis. City staff will hire financial consultants to conduct an analysis of current as well as potential future revenues from the Downtown ESC

$550,000 for transaction attorneys and legal counsel

$200,000 for real estate services

$50,000 for communications and outreach.  

The council must approve the use of parking funds and $5 million from the sale of the Sheraton Grand Hotel for these expenditures.



Bob Moffitt

Sacramento Region Reporter

Bob is the Sacramento Region Reporter. He has been at the forefront of the coverage of the Sacramento Kings' saga and the effort to build a new arena in Sacramento. He also covers education, business, environment, and sports stories.   Read Full Bio 

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