Fox 40 - Here We Build coalition kicks off

[JB_kings]

http://www.fox40.com/news/headlines/ktxl-mayor-gives-arena-plan-update-20110531,0,7327409.story

SACRAMENTO—
Mayor Kevin Johnson says he and other area leaders will spend the next 100 days aggressively developing financing options for a new entertainment complex in Sacramento.
The ICON-Taylor group made their presentation to Sacramento’s City Council last week about the feasibility of a new entertainment and sports center.


The report did not include specific revenue sources, but it did say it would include public-private funding options.
The Mayor stressed at Tuesday’s press event that this complex is bigger than basketball, “it’s about jobs, it’s about economic development, it’s about rejuvenating our downtown area … it’s about pride in our community.”
The coalition looking at financing options will bring together elected officials and community leaders, making sure the effort involves and represents the interests of the six-county area. The name of the coalition is “Here We Build”, a nod to the grassroots effort started months ago to keep the Kings and Maloofs in Sacramento.
Don’t expect every detail of this deal to be aired out in public, West Sacramento Mayor Chris Cabaldon said, “One thing I learned from Raley Field, is you do not do your negotiating in public and this is a 37-sided negotiation going with the owners, NBA, the public, different counties and cities, private investors … you do not do this kind of negotiating in public if you want to cut the best deal for taxpayers.” Mayor Cabaldon went on to say, “We’re going to be deliberative, we’re going to be fast and we’re going to get this thing done.”
Although the arena report focused on the complex being built at the current site of the railyards in downtown Sacramento, it left open the possibility of rebuilding at the current Power Balance Pavilion site in Natomas.

 

[JB_kings]

I like the part about getting it done and not airing out of all the details. Just go get it done.

 

[PurpleHaze]

http://www.fox40.com/news/headlines/ktxl-mayor-gives-arena-plan-update-20110531,0,7327409.story

SACRAMENTO—
Mayor Kevin Johnson says he and other area leaders will spend the next 100 days aggressively developing financing options for a new entertainment complex in Sacramento.
The ICON-Taylor group made their presentation to Sacramento’s City Council last week about the feasibility of a new entertainment and sports center.


The report did not include specific revenue sources, but it did say it would include public-private funding options.
The Mayor stressed at Tuesday’s press event that this complex is bigger than basketball, “it’s about jobs, it’s about economic development, it’s about rejuvenating our downtown area … it’s about pride in our community.”
The coalition looking at financing options will bring together elected officials and community leaders, making sure the effort involves and represents the interests of the six-county area. The name of the coalition is “Here We Build”, a nod to the grassroots effort started months ago to keep the Kings and Maloofs in Sacramento.
Don’t expect every detail of this deal to be aired out in public, West Sacramento Mayor Chris Cabaldon said, “One thing I learned from Raley Field, is you do not do your negotiating in public and this is a 37-sided negotiation going with the owners, NBA, the public, different counties and cities, private investors … you do not do this kind of negotiating in public if you want to cut the best deal for taxpayers.” Mayor Cabaldon went on to say, “We’re going to be deliberative, we’re going to be fast and we’re going to get this thing done.”
Although the arena report focused on the complex being built at the current site of the railyards in downtown Sacramento, it left open the possibility of rebuilding at the current Power Balance Pavilion site in Natomas.

Although most everyone wants new arena at the railyards, I like that the current site is a fall back option. Just get it done, means wherever it CAN be done before the NBA deadline.

 

[JB_kings]

http://www.sacbee.com/2011/05/31/3666535/arena-commission-to-include-60.html#disqus_thread

The Bee's version of the story.

The foamers are whipped up today in the comments section!

 

[Larry David]

Looking good. Smart name and smart leadships so far leads me to believe that about 3-5 people drive the process, while 60 people on the coalition ensures that a lot of people can say "Sounds risky, but I'm down with ___, and he's for it. So lets give it a try."

 

[SacTownKid]

Speaking as an outsider, I can tell you, I don't know too many cities that have the possibility to have as neat a downtown as Sacramento. So much potential, it's all too perfect for something like this to happen. HERE WE BUILD!!!! I'll definitely be one of the many to take my out of town money and enjoy the vibrance of Sac's new sights.

 

[Sluggah]

… it’s about pride in our community.”

This, times a million. People should see this as an opportunity to keep not only the city, but the region RELEVENT.

It's way more than basketball. If you don't want to pitch in to help the community, don't complain when everyone passes us by. Because they will. And the only reason the area will ever be mentioned is as the butt of a joke.

Keep up the good work KJ.

 

[Livinthedream]

Sounds like this could be the start of something big if this coalition stays together to get more than just this arena built. I'm ready for this area to become relevant and those commenters in the Bee to be irrelevant. I'll contribute in any way I can. Even if it's just to beat down the naysayers in comment sections and forums.

 

[carmichaeldave]

I like the name

 

[JB_kings]

It's actually the perfect name. Three words that describe the community coming together to do what needs to be done - build a new sports and enterntainment facility.

 

[Ryan]

I like the part about getting it done and not airing out of all the details. Just go get it done.

Agreed. Let's not forget what happened last time when the voters had say...

 

[kennadog]

I just can't stand to read some of the stupid, ill-informed comments over at the Bee and I'm sick of pointing out the same nonsense over and over and over and over.....and. Some idiot over there still thinks the city's budget problems would be erased, if the $70 million dollar loan were paid back. I've only pointed out countless times that that loan is NOT owed back to the city. The city won't see a dime of it. It will pay back the PRIVATE invester(s) who bought a share of the bond(s) to fund the loan. Good grief.

 

[kupman]

I just can't stand to read some of the stupid, ill-informed comments over at the Bee and I'm sick of pointing out the same nonsense over and over and over and over.....and. Some idiot over there still thinks the city's budget problems would be erased, if the $70 million dollar loan were paid back. I've only pointed out countless times that that loan is NOT owed back to the city. The city won't see a dime of it. It will pay back the PRIVATE invester(s) who bought a share of the bond(s) to fund the loan. Good grief.

There are many who also believe that the Earth is flat. I wouldn't recommend trying to change their minds either. Nothing you can do or say will make a difference with this people. In fact, I am curious how many of those people believe their own BS. It is possible that making outrageous statements is some kind of sport for them.

 

[Mike0476]

I just can't stand to read some of the stupid, ill-informed comments over at the Bee and I'm sick of pointing out the same nonsense over and over and over and over.....and. Some idiot over there still thinks the city's budget problems would be erased, if the $70 million dollar loan were paid back. I've only pointed out countless times that that loan is NOT owed back to the city. The city won't see a dime of it. It will pay back the PRIVATE invester(s) who bought a share of the bond(s) to fund the loan. Good grief.

I believe Blinded by Science did in fact say the money would go back to the investors. It's Bbbmer and his multiple user names that says otherwise and does so into fooling those who will believe him.

The naysayers (Bbbbmer, bbglv2) are on there a lot. No idea if they're retired with nothing better to do or what.

 

[Livinthedream]

I believe Blinded by Science did in fact say the money would go back to the investors. It's Bbbmer and his multiple user names that says otherwise and does so into fooling those who will believe him.

The naysayers (Bbbbmer, bbglv2) are on there a lot. No idea if they're retired with nothing better to do or what.

They're all clueless. Even Blinded By Science. They have no interest in actually evaluating the situation. The goal is to oppose all things. Especially if it's Kings related.

 

[Glenn]

I just can't stand to read some of the stupid, ill-informed comments over at the Bee and I'm sick of pointing out the same nonsense over and over and over and over.....and. Some idiot over there still thinks the city's budget problems would be erased, if the $70 million dollar loan were paid back. I've only pointed out countless times that that loan is NOT owed back to the city. The city won't see a dime of it. It will pay back the PRIVATE invester(s) who bought a share of the bond(s) to fund the loan. Good grief.

Don't read them. I have occasionally checked the Bee comments and like in a lot of issues country-wide some people believe things that suit them despite all rational argument to the contrary. We just hope they are a true minority but it points out the risk of a true democracy where majority rules. The people are not well informed and some don't really WANT to be well informed. I suspect they look at any comments you make as just as out of whack as you look at theirs. Imagine that!!!!

 

[Mike0476]

They're all clueless. Even Blinded By Science. They have no interest in actually evaluating the situation. The goal is to oppose all things. Especially if it's Kings related.

That's the only thing that BBS has said that made any sense (money going to the investors and not the city's general fund).

Otherwise I agree that the naysayers are so negative and avoid progress at all costs.

 

[kennadog]

http://www.fox40.com/news/headlines/ktxl-mayor-gives-arena-plan-update-20110531,0,7327409.storyDon’t expect every detail of this deal to be aired out in public, West Sacramento Mayor Chris Cabaldon said, “One thing I learned from Raley Field, is you do not do your negotiating in public and this is a 37-sided negotiation going with the owners...

This is so true. And working in public finance, I know the usual way to go about this is to negotiate the deal, the staff write up the report and analysis (what I used to do) and present it at a public meeting. Citizens can comment on the deal and ask questions. Then the governing body makes its decisions.

Part of what ticked off the Maloofs a few years ago, was the city telling them how much they would contribute without ever sitting down to negotiate with them first. I didn't blame them. In almost 30 years of work, I've never seen a business treated that way over a potential deal. They might not get their loan/grant, but they were not having a deal presented that hadn't been negotiated and analyzed for feasiblity first.