Sports Now

Sports news from Los Angeles and beyond

« Previous Post | Sports Now Home | Next Post »

Anaheim bond measure aimed to pave Sacramento Kings' way to Honda Center

March 25, 2011 |  2:37 pm

Emwh6cgy The Anaheim City Council next week will consider issuing bonds to help fund the Sacramento Kings' relocation and to improve Honda Center, according to a city council agenda posted Friday afternoon.

The Tuesday meeting will address the city's interest to "create a path for an NBA team to make Anaheim and the Honda Center its home," according to the agenda, including the issuing of $75 million in bonds necessary for relocation fees to the NBA and arena improvements, such as an NBA locker room inside Honda Center and an NBA-caliber practice facility.

The city council will also decide a recommendation by city staff to extend its agreement with Anaheim Arena Management by 10 years to June 30, 2033, in consideration of the arena's venue contract with the Kings for 15 years, plus a five-year extension, according to the agenda.

The Times will have more on these developments later on latimes.com.  

RELATED:

Anaheim Mayor Tom Tait addresses city's push to land Sacramento Kings

Sacramento mayor says Kings' relocation effort like 'slow death'

--Lance Pugmire

Comments 

Advertisement










Video