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February 25, 2010
Sacramento developer pressing Cal Expo on Kings land swap
Sacramento Mayor Kevin Johnson's Kings arena task force doesn't make its final report until March 11 — and really they could probably use even more time, given the haziness of some of the proposals — but that's not stopping developer Gerry Kamilos from lobbying the Cal Expo board to sign off on his convoluted three-way land swap deal. The Cal Expo board is scheduled to discuss the plan at its meeting tomorrow.
Cal Expo official Brian May (sorry, different Brian May) told the Sacramento Bee that the board was "intrigued," though he also suggested that the NBA's endorsement of the Kamilos plan may violate a letter of agreement the league signed with Cal Expo not to hold arena talks with any third parties. Continues the Bee:
May said Cal Expo has homework to do before deciding if the Kamilos proposal is workable: How much could the state get for the Cal Expo land? Is the Natomas site big enough? What would a new fairground cost to build? How would it be financed? Would there be legal challenges in Natomas to the State Fair being built there?
Now we have this report, already denied, about the Maloofs' financial status:
http://www#ft#com/cms/s/2/d84a0ba0-2184-11df-830e-00144feab49a,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html
I don't know about you, but when I hear terms like "Covenant Breach", I start to get nervous.
Posted by MikeM on March 1, 2010 12:26 PM
I wouldn't even know where to begin - You'll have to go to www.stopcalexpo.com and www.ceav.us to scratch your head in amazement on this one. This is lobbying on testosterone - big-time (no slight intended to testosterone fans). Absolutely nutzo, from beginning to end. Machiavelli would blush if he knew about the Sac Arena deals. Funny thing - it isn't even about the arena - not really. Its about years of Cal Expo trying to put their land in the hands of private developers - the last major chunk of urban public commons in the whole state. But that's just the beginning...
you'll have to read it for yourself (but not in the SacBee - their cheerleader's make Fox news look like professionals, if you can even imagine that). - do drop us a few ha-ha-ha lines if you get over your laughing-jag. - red
Las Vegas Kings is going to happen, Sacramento is a dead town waiting for a flood to happen.
Vegas is a 24 hour town ,they will be ours soon.
Posted by Las Vegas on March 2, 2010 04:48 PM
Dear Las Vegas,
WHERE'S YOUR ARENA?!
Signed,
Kansas City
www.sprintcenter.com
Posted by KingmanIII on March 3, 2010 05:07 PM
Thomas & Mack Center. Hahahahaha!
Posted by Daniel Francis on March 13, 2010 11:53 PM