Rob Stutzman is in final push to delay Kings' move

[kennadog]

Agreed. You could find 11,000 signatures for just about anything if you phrase the question correctly....

Which is why I'm not too happy about this move. Selling bonds for development is usually not something that goes to the general voting public. Anti-arena folks here could get signatures here to force a public referendum, when the Sacramento wants to sell bonds to raise any of the public portion of any funds needed for arena up front. This could come back to bite us in the butt. No matter who owns the Kings we cannot keep them without an arena deal. I'd say in 12 months or less, we have to have the proposal and 100 % financing committed from all porposed sources.

 

[Glenn]

Which is why I'm not too happy about this move. Selling bonds for development is usually not something that goes to the general voting public. Anti-arena folks here could get signatures here to force a public referendum, when the Sacramento wants to sell bonds to raise any of the public portion of any funds needed for arena up front. This could come back to bite us in the butt. No matter who owns the Kings we cannot keep them without an arena deal. I'd say in 12 months or less, we have to have the proposal and 100 % financing committed from all porposed sources.

Back to the real issue that faces this area. All the flubs and bumbles by Anaheim will mean nothing if we don't do this.

 

[Sptsjunkie]

Howcome this isn't getting much press? This could be huge if he succeeds. This would delay the move for at least another season, and all he needed was 11,000 sigs?

Can this actually block the move or just mess with the 75mil part?

It will probably get more press once the final number is revealed. 11,000 is the minimum. Considering there is usually a pretty high error rate in signature gathering even for state initiatives (a lot get tossed out and people have to be from that county for sigs to count), he probably needs 15,000 at least to be safe. Not trying to be Debbie Downer, but we'll see where he ends up. If he can delay the funds, that will be a big story and a major concern to the BOG who is already seemingly concerned about the relationship between those guys (see other thread).

 

[RookieOfTheDay]

It will probably get more press once the final number is revealed. 11,000 is the minimum. Considering there is usually a pretty high error rate in signature gathering even for state initiatives (a lot get tossed out and people have to be from that county for sigs to count), he probably needs 15,000 at least to be safe. Not trying to be Debbie Downer, but we'll see where he ends up. If he can delay the funds, that will be a big story and a major concern to the BOG who is already seemingly concerned about the relationship between those guys (see other thread).

I thought I read that he only needs 8000 but was going for 11000.

 

[RookieOfTheDay]

Which is why I'm not too happy about this move. Selling bonds for development is usually not something that goes to the general voting public. Anti-arena folks here could get signatures here to force a public referendum, when the Sacramento wants to sell bonds to raise any of the public portion of any funds needed for arena up front. This could come back to bite us in the butt. No matter who owns the Kings we cannot keep them without an arena deal. I'd say in 12 months or less, we have to have the proposal and 100 % financing committed from all porposed sources.

I hand't even thought about that. Shhhh, don't give the anti arena folks any ideas, lol.

 

[kennadog]

I hand't even thought about that. Shhhh, don't give the anti arena folks any ideas, lol.

I hesitated to post it, actually.

 

[Section 101]

Which is why I'm not too happy about this move. Selling bonds for development is usually not something that goes to the general voting public. Anti-arena folks here could get signatures here to force a public referendum, when the Sacramento wants to sell bonds to raise any of the public portion of any funds needed for arena up front. This could come back to bite us in the butt.

shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. I've purposely not brought this point up. Head in sand.

 

[The Hammer]

shhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. I've purposely not brought this point up. Head in sand.

Don't worry. If I'm correct, the referendum is specifically about one city raising funds/issuing bonds to steal another city's sports team. Wasn't it more of an anti intra-state city competition though public funds thing? Because part of a city's budget is state money? Therefore we're "all one state"?

Not just about a city issuing bonds to build a sports complex.