Anti-Arena Attys Say Sacramento Sweetened Team's Deal

Law360, New York (February 7, 2014, 4:49 PM EST) -- In a lawsuit over Sacramento’s public subsidies for a $447 million basketball arena, new testimony allegedly reveals that the city wrongly sweetened the deal for the team’s owners with public assets, attorneys for the plaintiffs disclosed late Thursday.

Sacramento Councilman Kevin McCarty and Economic Director Jim Rinehart said in recent depositions that city officials agreed to throw in perks such as off-street parking spaces and digital billboard leases and did so without immediately assigning a value to them on a term sheet approved by the City...
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