At issue is a parcel of land -- where an empty Macy's building currently sits -- that the city wants to obtain through eminent domain.
During a hearing Wednesday, Judge Raymond M. Cadei said he needed time to review issues raised by the property owner, according to the Sacramento Business Journal.
Among them is the claim that the city's resolution for the necessity of eminent domain only pertains to the land but not the building.
Cadei released a tentative ruling in favor of the city Tuesday afternoon. The city attorney told the Sacramento Business Journal said he expects a final ruling from Cadei in two to three days.
A Sacramento Superior Court Judge has issued a tentative ruling that will allow the City of Sacramento to go ahead with a downtown arena. There is a 9 a.m. hearing scheduled for Wednesday before the judge issues a final ruling.
Judge Raymond Cadei ruled against the U.S. Bank National Association's attempts to block eminent domain proceedings by the city for the old Macy's men's store and property at 600 K Street.
The judge says the city made a proper offer of $4.3 million to U.S. Bank and the California Public Employees Retirement System for the building and land. U.S. Bank had argued otherwise.
The City and Sacramento Kings plan to demolish the building and the Sacramento Downtown Plaza to make way for a new arena.
The judge says the City has the right to take the property by eminent domain.
The case is item number eight.
The new arena in downtown Sacramento is about four months from opening, and there is still much planning to be done if several Sacramento city departments are to be ready.
Phase 1 of Sacramento Regional Transit’s plan to improve downtown stations begins today.
The Sacramento City Council has approved $614,250 for two art projects at the new downtown Golden 1 Center. A Sacramento and San Francisco artist each were selected.
The Sacramento City Treasurer says a lawsuit filed against the city and the Sacramento Kings' arena project caused a delay in the bond-buying process.
The Century Downtown Plaza 7 theater complex that closed this week for remodeling will reopen in the fall with a new name - Century DoCo 9 Theaters. Sacramento Business Journal Editor Jack Robinson tells us about that story and more business news.