The Kings may certainly be moved, but the NBA proposal is supposed to not be reliant on public funding. Stern and company knew that when they took this on. Will a form of bond financing be used? Probably, but it won't have anything to do with the city or county of Sacramento.
Bottom line is, the NBA knows that they have to come up with a different model in Sacramento. They at least see a possibility here, where things had detriorated so severely in Seattle, possibilites were gone. And I feel bad for Sonics fans. Even if the scenarios are very different, we may end up being just as sad as them.