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http://www.sacbee.com/101/story/27181.html
Pro-arena forces get $2 million infusion
By Dorothy Korber - Bee Staff Writer
Published 2:58 pm PDT Thursday, September 21, 2006
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Suheil Totah, vice president of development for Thomas Enterprises, announces the firm's $2 million pledge to the Yes on Measures Q & R Campaign Thursday.
Sacramento Bee/Randy Pench
The backers of a new sports arena in downtown Sacramento announced a $2 million contribution to their campaign war chest Thursday morning. The donor is Thomas Enterprises, the developer who hopes to build an entertainment complex build on the 240-acre railyard site.
The cash pledge will underwrite the Yes on Q & R Campaign, the backers of two measures on Sacramento County's Nov. 7 ballot.
The measures would create a quarter-cent sales which over 15 years would generate about $1.2 billion. About half that amount would finance a replacement for Arco Arena, with the rest earmarked for local projects across the county.
At Tuesday's press conference at the Sacramento Amtrak station, boosters of the ballot measures focused on the importance of redeveloping the abandoned railyard with hotels, condominiums, apartments, restaurants and a public transportation hub. Most speakers downplayed the role of the Sacramento Kings basketball team in the equation.
"We have a great opportunity, a once-in-a-lifetime opportunity," said Suheil Totah, vice-president of development for Thomas enterprises. "This effort is not about one individual interest - it is about revitalizing the railyard."
No representatives of the Kings, who currently play at Arco, were at the press conference. The Maloof family, owners of the team, have endorsed the sales-tax campaign but are now locked in a dispute with the city over parking revenues and other aspects of the proposal.
Outside Thursday's media event, two opponents of Measures Q and R - local members of the Sierra Club and the Young Republicans - handed out their material.
"It's a classic David-and-Goliath struggle," said Bill Magavern of the Sierra Club. "Their side has millions of dollars in developer money. Our side has the truth: This is a bad deal that only benefits business interests.