Saturday, October 31, 2009

Cal Expo board extends arena pact despite Johnson task force - Sacramento Business Journal:


Cal Expo board extends arena pact despite Johnson task force - Sacramento Business Journal::

"Uncertain if it might become a jilted lover, Cal Expo decided Friday to extend its courtship with the National Basketball Association.

A day after Sacramento Mayor Kevin Johnson surprised the Cal Expo board by announcing he is actively soliciting proposals for any and all sites for a new sports and entertainment center, board leaders agreed to extend their letter of understanding with the NBA for another six months. The current agreement to negotiate exclusively with one another was set to expire Nov. 30, and now runs to May 31."