Re "Public vote on arena, unneeded, but could help settle the issue" (Editorials, Sept. 29): The proposed public vote is about the planned huge public subsidy and not the merits of the arena. The parking revenues to be used to finance the arena are currently being used for needed public services and maintenance of city facilities. The value of the city owned properties that will be given to the arena developer appear as if it has been significantly underestimated.
This current planned financing agreement will be a lucrative windfall for the developers and Kings owners and a very high risk venture for the city and public during a time when there has been cutbacks in public services and increases in taxes and fees.
-- Rick Bettis, Sacramento