Kings Fans.com Q and R Exit Poll - Future of a New Facility

What is the best way to finance a Sports and Entertainment Facility in Sacramento

  • 100 Percent Public Financing by City and County (Sales Tax)

    Votes: 0 0.0%

  • Total voters
    19
#3
I think the only thing the voters will accept is to have it funded mostly privately. If they try again with, say, "only" 60% public funding, it will fail by roughly the same margin it's going to fail today.

60-40 if in the railyards; 70-30 if in Natomas. Maloofs gotta pay for overruns for any "fancy stuff" they want.

But, again, the next chance to have a public vote for new taxes for this will be in June 2008, which coincides with a mayoral election. No politician will get within a mile of this in June 2008, and if things run perfectly, that means opening day would be 2012.

I just can't see why the Maloofs would wait that long. So unless AKT hits a home run with his Plan B, I think "Mostly Private Financing" roughly means "The Kings will leave." The Maloofs won't do it if it's mostly privately funded; the voters won't pass it if it's mostly publicly funded. It's a deadlocked situation.
 
#4
I don't know about the future. But I wouldn't have been surprised if Q&R were a 50/50 shot to pass if it had been done the right way instead of the circus show we got. A lot of good will got burned up in the last few months.
 
#5
I think the only thing the voters will accept is to have it funded mostly privately. If they try again with, say, "only" 60% public funding, it will fail by roughly the same margin it's going to fail today.

60-40 if in the railyards; 70-30 if in Natomas. Maloofs gotta pay for overruns for any "fancy stuff" they want.

But, again, the next chance to have a public vote for new taxes for this will be in June 2008, which coincides with a mayoral election. No politician will get within a mile of this in June 2008, and if things run perfectly, that means opening day would be 2012.

I just can't see why the Maloofs would wait that long. So unless AKT hits a home run with his Plan B, I think "Mostly Private Financing" roughly means "The Kings will leave." The Maloofs won't do it if it's mostly privately funded; the voters won't pass it if it's mostly publicly funded. It's a deadlocked situation.
The catch is publicly funded but not through a vote. Like other cities the politicians will have to make these decisions without voter approval.
 
#6

I said 100% Private Financing because I think the Maloof's are done with the City/County of Sac and the B.S. they bring. I also think they realize that Sacramento, with it's huge base of retiree's, many military or other govt employee's, just will not vote to approve a tax, regardless of the positive changes it could make.

I expect the next attempt to be a fully private funded facility in conjunction with a Tribal Gaming Facility, possibly even next to the current ARCO. Can you imagine, ..."Live from the THUNDERCACHE RANCHARENA".....:cool:

The only other way I could see govt involvement (and I don't) would be a "Regional" (think Sac/Yolo/ElDo/Placer Counties) Joint Powers Authority. But that would just be too much bureaucracy and special interests....however it would allow more of us KingsFans a vote!!