Mayor's panel focuses on 'user fees' to fund new Sacramento arena

[Mike0476]

To summarize here are the possible revenue sources to help build a new downtown Entertainment and Sports Complex for the Sacramento region:

1. Ticket surcharges ($2-3) and surcharges on merchandise
2. Event-night parking fees at downtown garages (between $1 million and $5 million annually)
3. Up-front money from private companies that could build and operate the arena for the city
4. City could sell up to a dozen parcels that it owns to developers, raising $30 million to $60 million
5. Considering renting the arena's rooftop to telecommunications companies for cell towers.
6. Business arrangements with private companies for corporate sponsorships, advertising rights and arena naming rights
7. Set up a special district and ask hotel operators to vote to tax themselves (therefore no public vote)
8. May suggest the city erect electronic billboards for lease or sale at the arena and elsewhere
9. Kings pay rent as tenants

Does anyone see a general sales tax?

Does anyone see where the public can vote on these revenue generating options?

Let the hating begin followed by a shovel in the ground.
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http://www.sacbee.com/2011/07/28/3799582/mayors-panel-focuses-on-user-fees.html

 

[Capt. Factorial]

Let the hating begin followed by a shovel in the ground.

Don't you mean "let the hating continue"?

 

[JB_kings]

Yeah the same blathering naysayers will just shift their arguments as you knock down their complaints. At some point it's like feeding a troll and ignoring them is the best approach.

 

[Livinthedream]

Cruised on over to the Bee and read some comments for this article. I'm suprised that pro arena folk are giving the naysayers a run for their money on this one. Maybe the tide is turning at the Bee......maybe.

 

[Circa_1985_Fan]

C'mon Arena Skeptic...we KNOW you want to get your 2 cents in...I'm sure there's TONS wrong with all of this!

 

[Mike0476]

C'mon Arena Skeptic...we KNOW you want to get your 2 cents in...I'm sure there's TONS wrong with all of this!

It would not surprise me if he already does on the Bee as Blinded By Science. If that's not him, I would be shocked.

 

[SacTownKid]

To summarize here are the possible revenue sources to help build a new downtown Entertainment and Sports Complex for the Sacramento region:

1. Ticket surcharges ($2-3) and surcharges on merchandise
2. Event-night parking fees at downtown garages (between $1 million and $5 million annually)
3. Up-front money from private companies that could build and operate the arena for the city
4. City could sell up to a dozen parcels that it owns to developers, raising $30 million to $60 million
5. Considering renting the arena's rooftop to telecommunications companies for cell towers.
6. Business arrangements with private companies for corporate sponsorships, advertising rights and arena naming rights
7. Set up a special district and ask hotel operators to vote to tax themselves (therefore no public vote)
8. May suggest the city erect electronic billboards for lease or sale at the arena and elsewhere
9. Kings pay rent as tenants

Does anyone see a general sales tax?

Does anyone see where the public can vote on these revenue generating options?

Let the hating begin followed by a shovel in the ground.

http://www.sacbee.com/2011/07/28/3799582/mayors-panel-focuses-on-user-fees.html

Hahaha, I think you just found KJ's next slogan! Trademark it quick!!!

 

[SacTownKid]

The only thing about that article that I wonder about is the uncertainty with the issues that need to be negotiated with the Maloofs like naming rights, parking, etc. Do they even have a case anymore? I don't remember the exact details about that Anaheim deal but from what I remember they weren't getting a whole lot of the things they demanded from Sac out of that other arena proposal a few years back. If they come out asking for a bunch of stuff they weren't getting from Anaheim that's going to look fishy. Like with that Anaheim deal I don't think they were even going to get the luxury box money, or at least not all of it. It will be interesting to see what happens on that front.

 

[JB_kings]

The only thing about that article that I wonder about is the uncertainty with the issues that need to be negotiated with the Maloofs like naming rights, parking, etc. Do they even have a case anymore? I don't remember the exact details about that Anaheim deal but from what I remember they weren't getting a whole lot of the things they demanded from Sac out of that other arena proposal a few years back. If they come out asking for a bunch of stuff they weren't getting from Anaheim that's going to look fishy. Like with that Anaheim deal I don't think they were even going to get the luxury box money, or at least not all of it. It will be interesting to see what happens on that front.

It helps to set a comparison. But it will also mean that unfavorable comparisons will be used. For example there was a huge 20 million kicker from Honda if an NBA team moved into the Honda Center. This was to go directly to the team. So right off the top, the Maloofs can ask for 20 million on naming rights for the arena. If they can't bridge the gap there, it will have to be made up in concessions in other areas. And parking is still going to be a sticking point no doubt. I'm just glad it isn't quite so public this time. I hope they have a gag order on both sides (I'm looking right at you George!) while negotiating these points. Somehow they were able to keep from commenting to the media in Anaheim until public documents were available. Show the same courtesy here.

 

[pdxKingsFan]

To summarize here are the possible revenue sources to help build a new downtown Entertainment and Sports Complex for the Sacramento region:

1. Ticket surcharges ($2-3) and surcharges on merchandise
2. Event-night parking fees at downtown garages (between $1 million and $5 million annually)
3. Up-front money from private companies that could build and operate the arena for the city
4. City could sell up to a dozen parcels that it owns to developers, raising $30 million to $60 million
5. Considering renting the arena's rooftop to telecommunications companies for cell towers.
6. Business arrangements with private companies for corporate sponsorships, advertising rights and arena naming rights
7. Set up a special district and ask hotel operators to vote to tax themselves (therefore no public vote)
8. May suggest the city erect electronic billboards for lease or sale at the arena and elsewhere
9. Kings pay rent as tenants

Does anyone see a general sales tax?

Does anyone see where the public can vote on these revenue generating options?

Let the hating begin followed by a shovel in the ground.
[FONT=&quot][/FONT]
http://www.sacbee.com/2011/07/28/3799582/mayors-panel-focuses-on-user-fees.html

All looks good to me. I'd also have maybe liked to see a sales tax in the special district. (Yes, me the militant anti sales tax guy says as long as it is confined to the entertainment district it is A-OK). Maybe that would require a vote though.

 

[SacTownKid]

It helps to set a comparison. But it will also mean that unfavorable comparisons will be used. For example there was a huge 20 million kicker from Honda if an NBA team moved into the Honda Center. This was to go directly to the team. So right off the top, the Maloofs can ask for 20 million on naming rights for the arena. If they can't bridge the gap there, it will have to be made up in concessions in other areas. And parking is still going to be a sticking point no doubt. I'm just glad it isn't quite so public this time. I hope they have a gag order on both sides (I'm looking right at you George!) while negotiating these points. Somehow they were able to keep from commenting to the media in Anaheim until public documents were available. Show the same courtesy here.

Was that not in the from of a "loan" though. It sounded to me like a lot of the money they were getting was tied to some sort of repayment.

 

[Telemachus]

It helps to set a comparison. But it will also mean that unfavorable comparisons will be used. For example there was a huge 20 million kicker from Honda if an NBA team moved into the Honda Center. This was to go directly to the team. So right off the top, the Maloofs can ask for 20 million on naming rights for the arena. If they can't bridge the gap there, it will have to be made up in concessions in other areas. And parking is still going to be a sticking point no doubt. I'm just glad it isn't quite so public this time. I hope they have a gag order on both sides (I'm looking right at you George!) while negotiating these points. Somehow they were able to keep from commenting to the media in Anaheim until public documents were available. Show the same courtesy here.

Don't forget that a big part of the alure of going to Anaheim was the money they would get from TV, which was quite a bit more than what they can get in Sacramento. So it makes sense that they would look to make up that money in other ways.