Here's what I consider the more relevant bits of this recent report:
http://www.news10.net/storyfull2.aspx?storyid=18673
Seems like they have 18 separate (and major) issues to resolve by next week or they'll consider this round of talks pretty much toast. I'm guessing that some of the other issues not mentioned probably include the cut the Maloofs will demand of any non sports events and how the naming rights will be handled.
Sounds quite discouraging for those of us who would really like to have something official to vote on in the fall.
From VF21--Here's the text of the article, with proper attribution above to News10.
"There are a host of issues, in fact, about 18 major issues that we're trying to grapple with," said Sacramento County Supervisor Roger Dickinson. "They include such things as what we believe the cost of the facility will be, who is going to pay how much of the cost?"
Dickinson also mentioned maintenance, repairs, parking, the cost of rent and the design of the building as other issues that need to be resolved.
Sacramento Mayor Heather Fargo did not attend the talks at the the Maloofs' Palms hotel in Las Vegas, but she was informed of the discussions. While some progress was made, Fargo admitted there is a lot of distance between the the two parties.
"There are a lot of things to discuss in terms of who controls the revenue coming in, whether it's for parking or concessions or businesses around it," Fargo said. "Sometime next week, if we haven't come to some kind of agreement, I think that may be it for this round."
Dickinson also mentioned maintenance, repairs, parking, the cost of rent and the design of the building as other issues that need to be resolved.
Sacramento Mayor Heather Fargo did not attend the talks at the the Maloofs' Palms hotel in Las Vegas, but she was informed of the discussions. While some progress was made, Fargo admitted there is a lot of distance between the the two parties.
"There are a lot of things to discuss in terms of who controls the revenue coming in, whether it's for parking or concessions or businesses around it," Fargo said. "Sometime next week, if we haven't come to some kind of agreement, I think that may be it for this round."
Seems like they have 18 separate (and major) issues to resolve by next week or they'll consider this round of talks pretty much toast. I'm guessing that some of the other issues not mentioned probably include the cut the Maloofs will demand of any non sports events and how the naming rights will be handled.
Sounds quite discouraging for those of us who would really like to have something official to vote on in the fall.
From VF21--Here's the text of the article, with proper attribution above to News10.
Host of Issues Stall Deal Over New Arena Plan
Written for the web by C. Johnson, Internet News Producer
A day after two intense negotiation sessions, News 10 has learned more about the major sticking points the Sacramento Kings owners and Sacramento officials are struggling with to build a new arena in the capital city.
Both sides are trying to strike a deal before time runs out to get an arena package on the November ballot.
"There are a host of issues, in fact, about 18 major issues that we're trying to grapple with," said Sacramento County Supervisor Roger Dickinson. "They include such things as what we believe the cost of the facility will be, who is going to pay how much of the cost?"
Dickinson also mentioned maintenance, repairs, parking, the cost of rent and the design of the building as other issues that need to be resolved.
Sacramento Mayor Heather Fargo did not attend the talks at the the Maloofs' Palms hotel in Las Vegas, but she was informed of the discussions. While some progress was made, Fargo admitted there is a lot of distance between the the two parties.
"There are a lot of things to discuss in terms of who controls the revenue coming in, whether it's for parking or concessions or businesses around it," Fargo said. "Sometime next week, if we haven't come to some kind of agreement, I think that may be it for this round."
The talks began with an eight-hour session Tuesday afternoon and reporters were kept away. Security at the Palms would not allow any cameras inside, where the meetings took place.
The Maloof family, their representatives, Sacramento city and county officials as well as NBA league representatives restarted negotiations Tuesday, two weeks after they fell apart.
The Maloofs know an August deadline is fast approaching when any kind of a sales tax measure to go before voters in November must be approved by the county board of supervisors. The Kings owners don't want to wait until the next election in 2008.
"It is too late, too late. We have to get something done in the next month in a half," Joe Maloof told News10 on Monday. "We can wait until 2008 -- who knows what it might be in 2008. The time is now. We have been back and forth six and a half years. One way or another, let the people decide. Let's get in on the ballot, then if they don't want it, we understand. But give us an opportunity to see what they want."
There has been speculation the Maloofs might move the Kings to a different city if a new arena is not built. According to Mayor Fargo, if the sports teams were to leave Sacramento, the city would still have the arena as it stands.
"What I don't know is how would that (the arena) be managed and could that be supported without the sports franchises to pay such a large percentage of the cost," Fargo said.
The cost is estimated at least $250 million. How much of that would come from public funds is crucial in the debate.
Written for the web by C. Johnson, Internet News Producer
A day after two intense negotiation sessions, News 10 has learned more about the major sticking points the Sacramento Kings owners and Sacramento officials are struggling with to build a new arena in the capital city.
Both sides are trying to strike a deal before time runs out to get an arena package on the November ballot.
"There are a host of issues, in fact, about 18 major issues that we're trying to grapple with," said Sacramento County Supervisor Roger Dickinson. "They include such things as what we believe the cost of the facility will be, who is going to pay how much of the cost?"
Dickinson also mentioned maintenance, repairs, parking, the cost of rent and the design of the building as other issues that need to be resolved.
Sacramento Mayor Heather Fargo did not attend the talks at the the Maloofs' Palms hotel in Las Vegas, but she was informed of the discussions. While some progress was made, Fargo admitted there is a lot of distance between the the two parties.
"There are a lot of things to discuss in terms of who controls the revenue coming in, whether it's for parking or concessions or businesses around it," Fargo said. "Sometime next week, if we haven't come to some kind of agreement, I think that may be it for this round."
The talks began with an eight-hour session Tuesday afternoon and reporters were kept away. Security at the Palms would not allow any cameras inside, where the meetings took place.
The Maloof family, their representatives, Sacramento city and county officials as well as NBA league representatives restarted negotiations Tuesday, two weeks after they fell apart.
The Maloofs know an August deadline is fast approaching when any kind of a sales tax measure to go before voters in November must be approved by the county board of supervisors. The Kings owners don't want to wait until the next election in 2008.
"It is too late, too late. We have to get something done in the next month in a half," Joe Maloof told News10 on Monday. "We can wait until 2008 -- who knows what it might be in 2008. The time is now. We have been back and forth six and a half years. One way or another, let the people decide. Let's get in on the ballot, then if they don't want it, we understand. But give us an opportunity to see what they want."
There has been speculation the Maloofs might move the Kings to a different city if a new arena is not built. According to Mayor Fargo, if the sports teams were to leave Sacramento, the city would still have the arena as it stands.
"What I don't know is how would that (the arena) be managed and could that be supported without the sports franchises to pay such a large percentage of the cost," Fargo said.
The cost is estimated at least $250 million. How much of that would come from public funds is crucial in the debate.
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