Sacramento Parking Plan Drawing Robust National Interest

Tony Bizjak of the Sacramento Bee quotes Sacramento city officials who are pleased with the initial interest in a plan to lease the city's parking facilities to help provide up-front capital to build a new entertainment and sports complex downtown and, as a result, keep the Kings in town. The deadline for proposals from companies wishing to lease the parking facilities is January 30. Assistant City Manager John Danberg told Bizjak that the companies looking to bid on the Sacramento program is promising.

Twenty-five entities, including most of the country's largest parking companies, notified the city they are considering applying to manage city downtown parking facilities, in exchange for paying hundreds of millions of dollars upfront to help the city build an arena.

"It's a strong list," Assistant City Manager John Dangberg said Thursday. "We're pleased with the level of response."

There are a few other news bits in Bizjak's report, including that the City Council is expected to receive an update on the negotiations with the NBA and AEG as well as on the parking proposal on Feb. 14. That would allow the council to vote to approve a parking proposal and term sheet with the NBA and AEG at the Feb. 14 or Feb. 28 council meetings. The deadline for the Maloofs to file for relocation is March 1, though the league twice extended that deadline last year.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Sactown Royalty

You must be a member of Sactown Royalty to participate.

We have our own Community Guidelines at Sactown Royalty. You should read them.

Join Sactown Royalty

You must be a member of Sactown Royalty to participate.

We have our own Community Guidelines at Sactown Royalty. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker