NBA: Get a formal agreement before arena goes before voters
By Dorothy Korber - Bee Staff Writer
Published 8:06 pm PDT Wednesday, September 20, 2006
[FONT=arial,helvetica,sans-serif]The convoluted path toward a new downtown arena took an interesting twist Wednesday when the NBA weighed in on the dispute between the Kings basketball team and the city and county of Sacramento.[/FONT]
[FONT=arial,helvetica,sans-serif]Though Kings management contended the statement of National Basketball Association president Joel Litvin was very clear, others in town were left scratching their heads as they tried to read between the lines.[/FONT]
[FONT=arial,helvetica,sans-serif]Litvin said a formal agreement must be reached between the team and local government that spells out the details of the arena deal. He said it should be signed before Nov. 7, when Sacramento County voters will decide whether to approve a quarter-cent sales tax to finance a $542 million arena at the abandoned downtown railyard.[/FONT]
[FONT=arial,helvetica,sans-serif]But it was the King's owners, Joe and Gavin Maloof, who two weeks ago walked away from negotiations over the agreement. Since then, city officials say, the Maloofs have not responded to their pleas to return to the table.[/FONT]
[FONT=arial,helvetica,sans-serif]With the election seven weeks off, time is growing short to galvanize support for the new arena and its accompanying tax hike.[/FONT]
[FONT=arial,helvetica,sans-serif]Kings general manager John Thomas said Litvin shares his view that a memorandum of understanding must reflect details hammered out during the summer between the team and government officials. Among those agreed-upon details, Thomas said, are the 8,000 parking spaces the team says it needs to turn a profit.[/FONT]
[FONT=arial,helvetica,sans-serif]"This is the NBA's confirmation that their understanding of the agreement is the same as ours," Thomas said. "Now we want an MOU that accurately reflects the agreement we negotiated."[/FONT]
[FONT=arial,helvetica,sans-serif]Rob Fong, Sacramento's vice mayor and an advocate of the arena plan, said Litvin's comments are open to interpretation - but he agrees with their gist.[/FONT]
[FONT=arial,helvetica,sans-serif]"I couldn't agree more that it's absolutely critical that all parties come back to the table," Fong said.[/FONT]
http://www.sacbee.com/101/story/26952.html
By Dorothy Korber - Bee Staff Writer
Published 8:06 pm PDT Wednesday, September 20, 2006
[FONT=arial,helvetica,sans-serif]The convoluted path toward a new downtown arena took an interesting twist Wednesday when the NBA weighed in on the dispute between the Kings basketball team and the city and county of Sacramento.[/FONT]
[FONT=arial,helvetica,sans-serif]Though Kings management contended the statement of National Basketball Association president Joel Litvin was very clear, others in town were left scratching their heads as they tried to read between the lines.[/FONT]
[FONT=arial,helvetica,sans-serif]Litvin said a formal agreement must be reached between the team and local government that spells out the details of the arena deal. He said it should be signed before Nov. 7, when Sacramento County voters will decide whether to approve a quarter-cent sales tax to finance a $542 million arena at the abandoned downtown railyard.[/FONT]
[FONT=arial,helvetica,sans-serif]But it was the King's owners, Joe and Gavin Maloof, who two weeks ago walked away from negotiations over the agreement. Since then, city officials say, the Maloofs have not responded to their pleas to return to the table.[/FONT]
[FONT=arial,helvetica,sans-serif]With the election seven weeks off, time is growing short to galvanize support for the new arena and its accompanying tax hike.[/FONT]
[FONT=arial,helvetica,sans-serif]Kings general manager John Thomas said Litvin shares his view that a memorandum of understanding must reflect details hammered out during the summer between the team and government officials. Among those agreed-upon details, Thomas said, are the 8,000 parking spaces the team says it needs to turn a profit.[/FONT]
[FONT=arial,helvetica,sans-serif]"This is the NBA's confirmation that their understanding of the agreement is the same as ours," Thomas said. "Now we want an MOU that accurately reflects the agreement we negotiated."[/FONT]
[FONT=arial,helvetica,sans-serif]Rob Fong, Sacramento's vice mayor and an advocate of the arena plan, said Litvin's comments are open to interpretation - but he agrees with their gist.[/FONT]
[FONT=arial,helvetica,sans-serif]"I couldn't agree more that it's absolutely critical that all parties come back to the table," Fong said.[/FONT]
http://www.sacbee.com/101/story/26952.html
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