The Kings Herald

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

City of Sacramento Approves $6.5 million for Pre-development of Downtown Arena

Sacramento took it's first substantial step in terms of funding a downtown arena yesterday, approving $6.5 million for pre-development costs.
By | 0 Comments | Feb 24, 2019

In the quest to build a new downtown arena, an important step was taken last night.

The Sacramento City Council voted 7 to 2 to approve $6.5 million in pre-development and design expenses for the new arena, the first substantial financial commitment by the city towards the project. Councilmembers Kevin McCarty and Darrell Fong were the only two no votes.

$1.755 million will go to the City Manager's office to hire consultants, while the rest of the money will be spent on design and construction. From the Sacramento Bee:

This $6.5 million investment is not an additional cost to the $258 million public subsidy but rather a part of it.

A shout-out to Crown Downtown as well as our very own Kevin Fippin and Ed Montes for representing Sacramento at City Hall last night. No members of the opposition showed up. The Bee reports that STOP (Sacramento Taxpayers Opposed to Pork) have begun collecting signatures to try to force a public vote on the issue. They will need at least 33,000 signatures plus several thousand more as a buffer in the next few weeks to force a special election in December.

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