The City of Sacramento has released the terms sheet for the Entertainment and Sports Complex.
Photos from: @KJ_MayorJohnson, AECOM, City of Sacramento
Unlike the last proposal, the City will look to generate revenue through transferring land rather than selling it. One of the largest pieces of land to be transferred to the Investor Group would be Haggin Oaks at Business 80, approximately 60 acres of land valued at $3,920,000.
Council will discuss the item at their upcoming meeting on Tuesday, March 26, 2013 at 6:00 p.m.