18 results for tag: John Shirey

City of Sacramento hopes to speed up timeline for Kings arena term sheet

The city manager reports to council on the latest in Sacramento's effort to keep the Kings. More

Sacramento City Council votes 7-2 to formally begin negotiations on new Kings arena

The city is moving forward with arena negotiations. More

List of million-dollar pledges grows as city council updates efforts to save Sacramento Kings

Sacramento city council discusses the Sacramento Kings/arena issue at last night's meeting. More

Arena: Stop the insanity, get back to work

Cowbell Kingdom's James Ham offers some solutions to the Sacramento arena impasse. More

Arena: Maloofs explore payment options as negotiations with Sacramento reach critical stage

Talks in Orlando have reached a pressing level in the push to build a new downtown arena. More

2012 NBA All-Star Weekend: Cousins honored to represent Sacramento, Mayor’s arena team assembles in Orlando

The latest from the festivities in Orlando with CK contributor Rob McAllister. More

Arena: Highlights of Sacramento Mayor Kevin Johnson’s Wednesday Presser

The latest on Sacramento's arena effort. More

Cowbell Clippings: Starring a major hurdle in the arena project (December 2, 2011)

Since the unofficial end to the lockout last weekend, news has hit us fast and rapidly.  With so much information breaking left and right, we're starting a new featured post this season highlighting suggested links on opponents, the league and of course the Kings.
  • Sacramento parking spaces and garages have emerged as a potential game-changer in the battle to build a new arena.  However, new findings reported by the Sacramento Bee's Ryan Lillis, Dale Kasler and Tony Bizjak suggest they may not be as valuable as the city originally hoped. "But with a pivotal City Council decision on the deal scheduled in less than two weeks, city officials say those parking spots may not be as valuable as originally hoped. City Manager John Shirey told The Bee on Thursday that the assessed value of the city's parking facilities is lower than officials' early 'hopes or expectations.' The recent estimates came from financial consultants at Bank of America. Multiple sources familiar with the details of the project told The Bee this week that the city may be able get $200 million – or slightly more – in upfront cash by leasing its parking operations to a private company. That would include 7,200 spaces in garages, 5,500 on-street spaces and parking citation revenue. Shirey would not confirm that figure, but he said the new estimates are lower than originally believed. Officials have never said publicly what their early estimates were."
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