Kings owners need to do it differently this time, mayor says

[Mike0476]

The mayor also said the owners of the Kings have agreed to fully disclose their financial information so the David Taylor/ICON Venue Group can build a complete feasbility study.
The study will be presented to the Sacramento City Council on May 26.

It's assumed the study will have a funding gap, which Johnson said will necesitate a public and private partnership and will include the Maloofs.

"They're going to have to participate by this public-private partnership. They're going to have to put dollars in some shape or form. What that is or how much we don't know yet. But they're going to have to participate," said Johnson.

http://www.news10.net/news/local/article/136189/2/Mayor-wants-Maloofs-to-do-it-differently-this-time

 

[Section 101]

Just read it.

Mark the date ! May 26th is the Taylor/ICON report to the city.

Also said the Maloofs are giving them the full financials for the study !

 

[PurpleHaze]

More good news, one step at a time. Hopefully, after the Taylor/ICON report more progress continues towards having a solid new arena plan in place well before the deadline.

 

[swisshh]

good

 

[RookieOfTheDay]

Damn straight. You tell em, KJ!

 

[kennadog]

If that's an open meeting on the 26th, then I'm going....in a Kings jersey.

 

[Kingsguy881]

If that's an open meeting on the 26th, then I'm going....in a Kings jersey.

I love you guys...

 

[Kingster]

I sure hope that feasibility study is available to the public. They should put it on-line. Excellent news from the mayor.

 

[kennadog]

I sure hope that feasibility study is available to the public. They should put it on-line. Excellent news from the mayor.

I'm quite sure it is meant to be publicly available. All of the cities past studies have been available and I read them. Probably still are somewhere on line.