View Mobile Site

Sacramento council approves eminent domain suit for downtown arena site

Text Size: Small Large Medium
POSTED January 8, 2014 9:18 p.m.

SACRAMENTO, Calif. (AP) — The Sacramento City Council has voted to file an eminent domain lawsuit against the owners of a former Macy's department store downtown.

The 7-2 vote Tuesday comes as the city tries to gain control of a vital parcel for the development of a new sports arena.

The council gave city attorneys the authority to file the suit immediately against an ownership group that includes the California Public Employees' Retirement System and a Texas-based firm negotiating for U.S. Bank, which holds a ground lease on the property.

CalPERS supports the lawsuit. But the firm negotiating on behalf of U.S. Bank objects, saying it's not in the public interest.

Plans for a new $448 million Kings arena show the Macy's property covers more than half the footprint for the proposed complex.

___

 

Commenting is not available.

Commenting not available.

Please wait ...