Braves Pursuing Palm Beach County ST Complex MLS Commissioner Don Garber Addresses Expansion Target Field Debt Being Paid Off Early FAA Approves Inglewood Stadium Project Hinchey Leads MLS '16 Award Winners Goldman Committed To Financing Raiders' Vegas Venue MLS To San Diego Now That Chargers Are Gone? Broncos Continue Search For Venue Naming-Rights Fenway Park To Host Three CFB Games In '17 Aloha Stadium Authority Proposes New, Smaller Venue
SBD/August 13, 2014/Facilities
Sacramento Execs Wary About Use Of Public Financing For Soccer Stadium
Published August 13, 2014
HOLD YOUR HORSES: A SACRAMENTO BEE editorial stated no one is "talking much about how" the new $100M stadium "would be paid for, exactly." While it is "very early in the process, this is a conversation that should happen before we get too carried away." It is "thrilling to think about another professional sport in the region," but the city "can’t rush into an ill-advised financing scheme." Taxpayers are "putting up at least $255 million toward the new downtown arena for the Kings," and there also "are other civic projects that are, if not on the drawing board, at least under discussion -- such as a new performing arts center and an expansion of the Convention Center" (SACRAMENTO BEE, 8/13).