Sacramento Kings face key city council votes Tuesday
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Sacramento Kings fans may get a hint as to whether their favorite NBA team will be sticking around long-term Tuesday when the Sacramento City Council votes on two measures related to a proposal to build a $387-million sports and entertainment complex, including a new basketball arena, to keep the Kings in town.
The council is scheduled to consider a $555,000 plan to analyze the project and to help negotiate deals with the team and league. NBC Sports reported that Tuesday’s meeting would mark the first time the council had been asked to approve any actual financing for the project and could provide an early indicator of its ultimate fate.
The report said approval of the request is likely, with the council then looking to gauge public reaction.
The council also will consider authorizing city officials to negotiate with the ICON-David Taylor Group, which is partially owned by Anschutz Entertainment Group, to develop the new complex for the city -- if financing for the project actually happens.
The Sacramento Bee was the first to confirm AEG’s involvement in the project last week.
The Kings appeared headed to Anaheim after the 2011 season, but the team’s ownership group decided to give Sacramento one more season to complete an arena deal.
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