The Kings Herald

Independent Sacramento Kings Coverage. By Fans, For Fans. | Support Us On Patreon

Final lawsuit against Sacramento Arena defeated

By | 0 Comments | Mar 5, 2019

The last hurdle for a new downtown arena has been cleared. While it was always extremely unlikely that anything would be able to stop the arena from being built, there was one final obstacle preventing the city from providing the funds necessary for the project: a lawsuit by STOP and their lawyers alleging that the city of Sacramento gave the Sacramento Kings a "secret subsidy" to keep the team in Sacramento.

That lawsuit was thrown out of court today, with Judge Timothy Frawley siding with the city of Sacramento. Dale Kasler and Tony Bizjak, who have been on the arena beat from Day 1, have the news:

With this lawsuit over and done with, the city of Sacramento can now issue the parking revenue bonds to finish financing the arena. As of now, the Kings have paid for all parts of construction. The Kings are also responsible for any cost overruns the project might entail.

Sacramento's new downtown arena, the Golden 1 Center, is scheduled to open in October of 2016. The first parts of the roof trusses went up this past week.

Patreon Membership
* indicates required


To prevent spam, our system flags comments that include too many hyperlinks. If you would like to share a comment with multiple links, make sure you email editorial@kingsherald.com for it to be approved.

0 Comments

Badge Legend

Patreon Supporter Patreon Supporter   Registered On Day 1 Registered On Day 1   Published Post Published Post  Published Post Nostradumbass
Comment Up Votes 200 Up Votes   Comment Up Votes 500 Up Votes    1,000 Up Votes    3,000+ Up Votes

Comments 50 Comments   Comments 100 Comments    250 Comments    500 Comments    1000+ Comments