Arena: County announces proposal to share parking revenue with Sacramento
Sacramento county is offering its help in the effort to build a new downtown arena in the capital city.
“We came up with what we think is a fairly reasonable, general resolution, that acknowledges some prospective county contribution to the arena effort,” said Sacramento County Supervisor Phil Serna on KFBK Radio Thursday afternoon.
The county announced a proposal to share a substantial portion of $3.6 million in revenue and taxes to fund Sacramento’s arena project. The remaining money would go toward funding county parks. The profits its offering would not exist without the presence of a new downtown entertainment and sports complex.
After the jump, the complete interview with Serna and links to the county’s staff report and resolution.
Links to the county’s proposal to contribute to the Sacramento arena push
- Staff Report
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