The City has asked the City Council to approve the use of eminent domain in order to take control of half of the 600 block of K Street that CalPERS owns.
If the Council approves the implementation of eminent domain, Assistant City Manager John Dangberg says the City will ask a court to force CalPERS to turn over control of the property.
"If that is confirmed, the City will gain possession of the site. And in the subsequent months, the determination will be made as to what the fair compensation is. And, that will be a jury trial."
Dangberg says a court hearing would likely be held 60-to-75 days after the City files a motion.
The City Council will be asked to vote on the matter on Tuesday.
The City says the offer Cal PERS rejected in October was based on an independent appraisal. Cal PERS says it is working on solutions that are "in the best interests of everyone involved.
View the City Council document on the topic here.
Last night, the Sacramento Regional Transit Board of Directors approved moving ahead with improvements for light rail and bus service.
If the Sacramento City Council approves Tuesday night, the Sacramento Kings will take ownership of two downtown land parcels. The team is holding off on six other parcels, in a move that would save them about $74,000 in taxes a year.
Construction of the new downtown Sacramento arena will soon move from underground support work to pouring concrete.
The Sacramento Kings are revealing more information about their plans for the area around the arena that's now under construction in downtown Sacramento.
The Kings development arm has filed plans with the city's planning commission to be heard at next month's commission meeting.
Farm To Arena To Fork
Fri, Oct 17, 2014
The Sacramento Kings say the "Farm To Fork" movement will be a big part of the meals served at the new arena downtown.
More Housing Planned For Sacramento's K Street
Mon, Oct 06, 2014
The City of Sacramento wants to build 137 apartments just down the street from the new arena site.
Commuters See Shift In Traffic Lanes Around Kings Arena Site
Thu, Aug 07, 2014
The lanes have shifted on two heavily-used streets in Downtown Sacramento because of the arena project.
Sewage Smells Sweet For Sacramento Economy
Wed, Aug 06, 2014
Can you judge a city's economy by how much sewage it generates? The City of Sacramento says requests by new businesses for a special sewer line connection credit have already tripled this year compared to all of last year.
People with affiliations to the group Sacramento Taxpayers Opposed to Pork have filed notice they will appeal a judge's decision denying a request for an injunction blocking the downtown arena project.