Suit Over Arena Property to Stay in Sacramento

By: AP Email
By: AP Email
Sacramento

MGN Online

SACRAMENTO, Calif. (AP) - Sacramento's eminent domain lawsuit against the owners of a former Macy's department store downtown will be tried in the city.

A judge Monday rejected an attempt to move the trial out of town, handing city officials a key victory in their attempt to gain control of a vital parcel for the development of a new sports arena.

The Sacramento Bee says the trial is set for March 19.

The city is suing 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 for U.S. Bank says it's not in the public interest.

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


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 249505491 - kolotv.com/a?a=249505491