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City of Sacramento In Court Twice Over Arena

  •  Bob Moffitt 
Thursday, January 9, 2014 | Sacramento, CA | Permalink
  

U.S. Bank owns the building on the site and has not agreed to a sale price.  The city says a court hearing is likely to be held in the next few months.

CalPERS owns the land and has agreed to let the city take control of the property.

Meanwhile, a group that opposes publicly financing an arena is making some headway in a lawsuit against the city.  In a tentative ruling, a judge says Councilman Kevin McCarty and the city's Economic Development Department Director may be deposed. Both men must also turn over documents related to arena financing negotiations. 

The group claims the city fraudulently concealed or misrepresented information in the term sheet agreement for development of a sports arena.

Judge's Ruling: Councilman McCarty, city's Economic Development Department Director May Be Deposed by mfcapradio

 

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    The first demolition work is underway at the site of the Sacramento Kings' future home.

  • Construction Work Underway In Downtown Plaza For Sacramento Kings Arena

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    The Downtown Plaza garage entrances at 6th and J and 6th and L are now closed as construction begins on the downtown arena.

  • Bob Moffitt / Capital Public Radio

    Group That Failed In Attempt To Block Arena Project Appeals To Higher Court

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    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.

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 kingskings3arena

Bob Moffitt

Sacramento Region Reporter

Bob reports on all things northern California and Nevada. His coverage of police technology, local athletes, and the environment has won a regional Associated Press and several Edward R. Murrow awards.   Read Full Bio 

 @BobMoffitt Email Bob Moffitt

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