Sacramento is contributing $255 million to the construction of the Kings’ arena downtown. A lawsuit alleges there are illegal giveaways by the city, and that challenge is holding up Sacramento’s sale of bonds to finance its contribution.
Sacramento is contributing $255 million to the construction of the Kings’ arena downtown. A lawsuit alleges there are illegal giveaways by the city, and that challenge is holding up Sacramento’s sale of bonds to finance its contribution. Sacramento Kings/AECOM Sacramento Kings/AECOM
Sacramento is contributing $255 million to the construction of the Kings’ arena downtown. A lawsuit alleges there are illegal giveaways by the city, and that challenge is holding up Sacramento’s sale of bonds to finance its contribution. Sacramento Kings/AECOM Sacramento Kings/AECOM

Delay could cost Sacramento millions in sale of Kings arena bonds

March 06, 2015 04:22 PM