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.
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.
The Sacramento Kings have released an updated work plan for the new downtown Sacramento arena than had been released before.
A judge has ruled a lawsuit over a non-binding term sheet between the City of Sacramento and the Sacramento Kings is without merit. But, the judge says the plaintiffs may amend the lawsuit to target the recently-approved arena project.
A new Sacramento arena hasn't been built yet, but the team is already selling the arena experience in a new office downtown.
The council voted 7-2 Tuesday night in favor of the new arena project. Many of the people who spoke against the arena project at the city council meeting have gone to court to try to undo the council's decision.
Sacramento City Council Considers Starting Arena Construction
Tue, May 20, 2014
The City of Sacramento is preparing for as many as 900 people to attend tonight's city council meeting. The Sacramento Kings will ask for permission to begin the construction phase of a new downtown arena.
Advisory Council Selected For Sacramento Arena Project
Mon, May 19, 2014
The Sacramento Kings and Mayor Kevin Johnson have formed an advisory council to provide updates about the progress of the downtown arena project.
Sacramento Business Journal Editor Jack Robinson says he may just have to enroll in Midtown Sacramento's University of Beer. Here he is with the rest of the region's top economic stories...
Kings And City of Sacramento Agree To Arena Terms
Fri, May 09, 2014
With the agreement, the City Council will be asked to approve the final details of the $477 million arena deal on May 20th.
City Council Arena Vote Postponed
Sat, May 03, 2014
The Sacramento City Council vote on the downtown arena scheduled for May 13 has been postponed, but the project remains on track for a fall 2016 opening.