Why? Because it would be built with private funds, not a sales tax.
Sacramento State professor Robert Waste says arena talks are at a good point right now – but they’re still on thin ice.
“The two ingredients for getting an arena done are good will and good economic times. And we don’t have a lot of good will after Measures Q and R, and the city of Sacramento is looking at a deficit north of $50 million.”
Meanwhile, the Cal Expo board is bringing in former Governor Pete Wilson to lead its negotiations with NBA consultant John Moag.
Cal Expo general manager Norbert Bartosik says the next step is to work out a Memorandum of Understanding between his board and the league.
That would lay out the process for negotiating a new arena and the redevelopment of Cal Expo lands that would go with it. But it would not contain any specific details on the project.