City council vote and latest news, rumors, etc.

[VF21]

Tonight's city council meeting addressed the issue of giving approval to move forward with due diligence towards the creation of a public-private partnership to keep the Kings and provide a news entertainment and sports complex.

Once again, the presentations of CrownDowntown were varied and informed.

I'm writing this before the vote is taken but it certainly appears as though it's going to pass.

 

[VF21]

Follow the city council vote here: http://sacramento.granicus.com/MediaPlayer.php?publish_id=26

 

[VF21]

Councilmember Darrell Fong says he cannot vote in the affirmative as he does not have enough information to make an informed decision. Apparently, he doesn't understand that the vote tonight is to allow the City Manager to do the due diligence to get the information so the council can make an informed decision about any future public-private partnership.

#smh

 

[VF21]

Councilmember Kevin McCarty (who is running for State Assembly next year) says he agrees with everyone else who wants to keep the Kings in town as they are a definite asset. He then brings up the RoFR offer brought up by Fox40 last night and says he thinks this proposal should also be considered. In other words, he wants to create an opposition to KJ's efforts.

 

[VF21]

Councilmember Steve Cohn also recommends that the City Manager consider the option of an ownership group that would buy the Kings and build (rebuild?) a new arena where STA currently stands.

 

[VF21]

Motion passes by vote of 7-2.

 

[Gary]

Hopefully we will know more by weeks end. I assume there might be another vote in the coming weeks to approve the arena?

 

[VF21]

Hopefully we will know more by weeks end. I assume there might be another vote in the coming weeks to approve the arena?

All that really happened tonight was that the city council gave the City Manager approval to enter negotiations with potential ownership groups, which pretty much ensures the eminent announcement of the whale identities, most likely at the State of the City address KJ gives on Thursday. The council will have to approve anything that commits city participation in any public-private partnership, including any approval of a new arena.

 

[xrzn]

Councilmember Kevin McCarty (who is running for State Assembly next year) says he agrees with everyone else who wants to keep the Kings in town as they are a definite asset. He then brings up the RoFR offer brought up by Fox40 last night and says he thinks this proposal should also be considered. In other words, he wants to create an opposition to KJ's efforts.

How can this be brought up when nothing has been officially confirmed? Wasn't it a "source" that told Fox40, unless I'm missing something?

 

[VF21]

How can this be brought up when nothing has been officially confirmed? Wasn't it a "source" that told Fox40, unless I'm missing something?

It broke on Twitter during the council meeting that it had been confirmed that the minority is saying he's interested in buying the team and keeping it here and that he has the funds to do so without an investment from the city. None of this has been confirmed, though, and there appears to be quite a bit of speculation and skepticism.

My gut instinct is it's diversionary, an attempt to muddy the waters and confuse the issue. We'll have to see what happens after Thursday.

 

[Tetsujin]

Gah. Just got back home from the meeting. Holy crud, it was long. But we're one step further along the path and that's all that matters.

 

[Warhawk]

Gah. Just got back home from the meeting. Holy crud, it was long. But we're one step further along the path and that's all that matters.

Same here. Can't wait for Thursday's State of the City!

 

[whozit]

It broke on Twitter during the council meeting that it had been confirmed that the minority is saying he's interested in buying the team and keeping it here and that he has the funds to do so without an investment from the city. None of this has been confirmed, though, and there appears to be quite a bit of speculation and skepticism.

My gut instinct is it's diversionary, an attempt to muddy the waters and confuse the issue. We'll have to see what happens after Thursday.

Mighty convenient that the minority owner's announcement won't be for a few days. Can only wonder the motivations, good or bad in terms of Sacramento?

 

[Mike0476]

Last night the Sacramento City Council voted 7-2 to enter into formal negotiations over the financing of a new downtown sports arena.

Please take the time to call and leave a message or e-mail thanking those who voted YES at last night’s council meeting.

Mayor Kevin Johnson – mayor@cityofsacramento.org – 916-808-5300

District 1 Councilmember Angelique Ashby – aashby@cityofsacramento.org – 916-808-7001

District 2 Councilmember Allen Warren – awarren@cityofsacramento.org – 916-808-7002

District 3 Councilmember Steve Cohn – scohn@cityofsacramento.org – 916-808-7003

District 4 Councilmember Steve Hansen – shansen@cityofsacramento.org – 916-808-7004

District 5 Councilmember Jay Schenirer – jschenirer@cityofsacramento.org – 916-808-7005

District 8 Councilmember Bonnie Pannell – bpannell@cityofsacramento.org – 916-808-7008

Please also take the time to call and leave a message or e-mail those who voted NO by asking them to please keep an open mind.

District 6 Councilmember Kevin McCarty – kmccarty@cityofsacramento.org – 916-808-7006

District 7 Councilmember Darrell Fong – dfong@cityofsacramento.org – 916-808-7007

 

[whozit]

I know this is beating a dead horse, but this is pathetic:


Jason Jones Jason Jones ‏@mr_jasonjones

Make sure you follow @Ryan_Lillis and @dakasler for your City Council updates...double OT cut into South Beach time. I'm going to bed LOL

8:54 PM - Feb 26, 2013

The Kings beat writer going to bed nearly an hour before the vote is taken

Bryan May ‏@BMayNews10
City Council passes masure to continue looking at Sports & Entertainment Complex with a 7-2 vote
9:47 p.m. - Feb 26, 2013 • Details

 

[gunks]

Jason Jones being a terrible beat writer is news?

 

[sdballer]

I know this is beating a dead horse, but this is pathetic:


Jason Jones Jason Jones ‏@mr_jasonjones

Make sure you follow @Ryan_Lillis and @dakasler for your City Council updates...double OT cut into South Beach time. I'm going to bed LOL

8:54 PM - Feb 26, 2013

The Kings beat writer going to bed nearly an hour before the vote is taken

Bryan May ‏@BMayNews10
City Council passes masure to continue looking at Sports & Entertainment Complex with a 7-2 vote
9:47 p.m. - Feb 26, 2013 • Details

Cant believe I may defend Jason jones but was that 8:54 pst or est?

 

[Section 101]

I know this is beating a dead horse, but this is pathetic:


Jason Jones Jason Jones ‏@mr_jasonjones

Make sure you follow @Ryan_Lillis and @dakasler for your City Council updates...double OT cut into South Beach time. I'm going to bed LOL

8:54 PM - Feb 26, 2013

The Kings beat writer going to bed nearly an hour before the vote is taken

Bryan May ‏@BMayNews10
City Council passes masure to continue looking at Sports & Entertainment Complex with a 7-2 vote
9:47 p.m. - Feb 26, 2013 • Details

To be semi fair, he is on the East Coast and it was 12 am there. The bee did have others that were covering the council meeting on location.

 

[whozit]

To be semi fair, he is on the East Coast and it was 12 am there. The bee did have others that were covering the council meeting on location.

Yes, it is the East Coast. However, I was watching the twitter feed and his tweet came up followed by the vote and my reaction was what the bleep. I re-checked the timeline and I may be the one full of it, not sure but definitely possible, I was looking at the twitter feed this morning

Jason Jones being a terrible beat writer is news?

I know and I did say I was beating a dead horse. But come on look at his tweet, he not only claimed he was going to bed (before the vote) but essentially complaining that the game interfered with his social life (cutting into his South Beach time).

 

[Uk kings fan]

Mike or others.... any news why the two Council member's turned it down?? and didnt Mr Fong vote for the Areana last time???

 

[uolj]

Mike or others.... any news why the two Council member's turned it down?? and didnt Mr Fong vote for the Areana last time???

See VF21's posts at the start of the thread (#3 and #4).

I know and I did say I was beating a dead horse. But come on look at his tweet, he not only claimed he was going to bed (before the vote) but essentially complaining that the game interfered with his social life (cutting into his South Beach time).

Just be glad he is not covering the arena issue.

 

[Kingster]

Heard on the radio the city manager say the Kerhriotis group has to come up by Friday with the documentation showing $750 million. Just place 750 mill in escrow, guys. Then we'll talk.

 

[whozit]

http://www.sacbee.com/2013/02/27/5222389/sacramento-kings-john-kehriotis.html

First substantial indicator that the Maloofs will sell to alternate group if Seattle's bid is turned down?

 

[kennadog]

http://www.sacbee.com/2013/02/27/5222389/sacramento-kings-john-kehriotis.html

First substantial indicator that the Maloofs will sell to alternate group if Seattle's bid is turned down?

If the Seattle deal falls through, they are free to consider other offers. That's always been true. The league can deny the sale to Seattle, but they can't force the Maloofs to sell or tell them what offer to accept. However, I think they will sell, if the league fails to approve the sale to Seattle. I'm also sure they would be pressured to take the city offer, not some barely conceived Kehriotis plan that doesn't have a site, plan or money yet for an arena. The NBA doesn't want another arena fiasco in Sacramento.

Also, with no public money, Kehriotis could pull a Clay Bennett.

 

[kennadog]

Councilmember Darrell Fong says he cannot vote in the affirmative as he does not have enough information to make an informed decision. Apparently, he doesn't understand that the vote tonight is to allow the City Manager to do the due diligence to get the information so the council can make an informed decision about any future public-private partnership.

#smh

Yep. We don't have enough information to vote on an arena, so let's not pass a resolution to get more information and a term sheet. *slapping my head*

 

[Glenn]

The NBA can be very clear that they won't approve of any plan that involves moving the team out of Sacramento. Then the ball is in the Kings court. Sounded like a pun on something, didn't it?

I still wonder why somebody would build an arena and buy the Kings but then have the Kings leave town. It turns the arena from a good money maker to something much less. Anyway, crunch time is upon us.

 

[kennadog]

The NBA can be very clear that they won't approve of any plan that involves moving the team out of Sacramento. Then the ball is in the Kings court. Sounded like a pun on something, didn't it?

I still wonder why somebody would build an arena and buy the Kings but then have the Kings leave town. It turns the arena from a good money maker to something much less. Anyway, crunch time is upon us.

I don't mean they would say their plan is to move the team. Clay Bennett purchased the Sonics and said he would keep them in Seattle. If Kehriotis's group says that without involving the city is the proposal up front, I'm just saying we could face another battle to keep the Kings here. I'd just as soon do this once and have the team tied to Sacramento in legal documents. In Kehriotis's proposal the team would not sign any legal documents with the city.

 

[JB_kings]

If the Seattle deal falls through, they are free to consider other offers. That's always been true. The league can deny the sale to Seattle, but they can't force the Maloofs to sell or tell them what offer to accept. However, I think they will sell, if the league fails to approve the sale to Seattle. I'm also sure they would be pressured to take the city offer, not some barely conceived Kehriotis plan that doesn't have a site, plan or money yet for an arena. The NBA doesn't want another arena fiasco in Sacramento.

Also, with no public money, Kehriotis could pull a Clay Bennett.

Kehriotis is going to have a tough sell on his arena plan to the NBA if he doesn't have money nailed down. Also while it is assumed that the Natomas building moratorium will be lifted at some point in the future if the Feds ever decide to fund some of the levee work. That might work against him committing to the site.

 

[JB_kings]

Yep. We don't have enough information to vote on an arena, so let's not pass a resolution to get more information and a term sheet. *slapping my head*

That wasn't Fong's finest moment there. At least McCarty had his debbie downer script ready to go.

 

[whozit]

If the Seattle deal falls through, they are free to consider other offers. That's always been true. The league can deny the sale to Seattle, but they can't force the Maloofs to sell or tell them what offer to accept. However, I think they will sell, if the league fails to approve the sale to Seattle. I'm also sure they would be pressured to take the city offer, not some barely conceived Kehriotis plan that doesn't have a site, plan or money yet for an arena. The NBA doesn't want another arena fiasco in Sacramento........

Yes, I know they are free to consider other offers but the question was would they? I seem to recall just recently the Maloofs put a message out that if the Seattle deal fell through, they would keep the team. This was the first time I recalled that they were open to other bids, even one from Sacramento, in terms of selling since the Seattle deal was announced. I put the question mark because I wasn't sure if my recollection was correct. Kehriotis may have flushed them out and got them to put it on record, inadvertent or not.