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News & MediaIn the News    May 22, 2012
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Council chooses developer Taylor to analyze arena feasibility

Published: 1 years 103 days ago

Sacramento Bee:  In 90 days, Sacramento City Hall is counting on having a clear idea about whether building a new sports arena in town is realistic.

The City Council voted unanimously Tuesday night to spend the next three months working with downtown developer David Taylor and arena
builder ICON Venue Group in analyzing the financial feasibility of building a new sports facility.

After that study is complete, city staff will conduct its own analysis and bring it back to the council. The financial feasibility study will be free for the city.

Taylor said his first task would be trying to meet with the Kings, a process he said he would start this morning. Team ownership has stopped speaking publicly about the arena process.

Mayor Kevin Johnson said, "it seems to me (the Kings) would sit down with them."  "I think we sent a very strong and resounding message to the NBA and the Kings today that it's a new day in Sacramento," the mayor said.

"Give us a chance because I think we've got the right team. It's a vote of confidence for the Kings when they hear that council voted 9-0 and we selected this group."

http://www.sacbee.com/2011/02/09/3388167/council-chooses-developer-taylor.html


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