AEG Acknowledges the Interest of Sacramento Sports and Entertainment Complex: It was not a question of whether it was when. Anschutz Entertainment Group, best known as the stadium and field operations giant AEG, first acknowledged on Friday that could "assist" in Sacramento Mayor Johnson, Kevin and Big Think coalition Sacramento in its search for space, according to the bag of the bee. The involvement of AEG, the arena was so secret initiative as LeBron hairline, but without the illusion of a band trying to hide. According to sources, that ‘assistance’ should come in the form of tens of millions of dollars of up-front money, assuming of course that AEG can come to terms with the City of Sacramento, the Kings, and the NBA. In return they would get profits from operating the arena, and using the Six Degrees of Kevin Bacon they could also see benefits from the fact that their partially-owned subsidiary, the ICON-David Taylor Group, is providing the logistical backbone for Think Big Sacramento and its proposals. Taylor, whose development company David Taylor Interests would like to build the arena, has also expressed interest in buying up properties located near the arena. And the AEG, Taylor, Darius Anderson, and many other members of the committee is also to business interests close to the Arena, a mini-genre live THE king of the project because the center is where the Smart Money is going. This is a public declaration of AEG is one of many small steps in Think Big Coalition Sacramento is going, because otherwise run sprints $ 387 million Entertainment and Sports Complex (ESC), which prevents him from leaving the anchor tenant, and Anaheim. KJ’s coalition has a self-imposed, though painfully realistic deadline of December 30th to get a funding plan approved so the city can meet the NBA’s deadline of March 1, 2012 to have funding in place. The next test for the Think Big coalition will come today when the Sacramento City Council will either approve, table, or reject a $550,000 request for lawyers and consultants to be used to officially vet the project and negotiate with third parties such as the NBA and the Maloofs. The city council will also be asked to vote whether to give the ICON-David Taylor Group the authority to start negotiating on behalf of the city with operators. Here’s betting that the operator is AEG. As for Kings Fans’ chances of keeping their team, Tuesday’s vote will be the first time the city council, which will ultimately decide the project’s fate, will be asked to part with cold, hard cash.
If any of them are opposed to it, saying so before the city spends a half-million dollars would make some sense. With no real public opposition being shown by the council so far it is likely that they will approve the request, and see what numbers come through the pipeline and how the public reacts to them. If the request is approved, negotiations will commence with the aforementioned parties to determine what level of private funding can be secured, and in turn what level of public funding will be needed. Sources from Think Big Sacramento are in agreement that a public vote to generate funds for an ESC would be an abject failure, so they don’t plan on using public funds that would trigger a public vote. Because of this limitation they’ve taken a kitchen sink approach where everything from hotel fees, ticket surcharges, cell phone towers on the arena, and the sale of city lands have all come into play. Local kids have taken to selling lemonade to raise funds, and Think Big may just need it. But finding enough money to hit the magic number isn’t their only challenge. Make sure that the city is convenient to vote "yes" is the measure at issue is the task No. 1 So far, the Think Big campaign is a coalition of town hall meetings to go out presidential race throughout the region, and the media campaign has not seen before in political arena. While there will always be skeptics and opponents of this measure, we do not know that the last city council meeting, where every commentator has argued the public arena and found the voices of dissent. Today we will see, if the first is shown.AEG Acknowledges the Interest of Sacramento Sports and Entertainment Complex:
If any of them are opposed to it, saying so before the city spends a half-million dollars would make some sense. With no real public opposition being shown by the council so far it is likely that they will approve the request, and see what numbers come through the pipeline and how the public reacts to them. If the request is approved, negotiations will commence with the aforementioned parties to determine what level of private funding can be secured, and in turn what level of public funding will be needed. Sources from Think Big Sacramento are in agreement that a public vote to generate funds for an ESC would be an abject failure, so they don’t plan on using public funds that would trigger a public vote. Because of this limitation they’ve taken a kitchen sink approach where everything from hotel fees, ticket surcharges, cell phone towers on the arena, and the sale of city lands have all come into play. Local kids have taken to selling lemonade to raise funds, and Think Big may just need it. But finding enough money to hit the magic number isn’t their only challenge. Make sure that the city is convenient to vote "yes" is the measure at issue is the task No. 1 So far, the Think Big campaign is a coalition of town hall meetings to go out presidential race throughout the region, and the media campaign has not seen before in political arena. While there will always be skeptics and opponents of this measure, we do not know that the last city council meeting, where every commentator has argued the public arena and found the voices of dissent. Today we will see, if the first is shown.AEG Acknowledges the Interest of Sacramento Sports and Entertainment Complex:
0 comments:
Post a Comment