Updated: March 20, 2013, 7:04 am ET

Sacramento to Reveal Arena Financing Plan

By HOOPSWORLD
Basketball News & NBA Rumors

The frantic process of hammering out a financing plan for a new downtown sports arena has reached its most pivotal day.

Sacramento city officials said Tuesday night they remain on track to release a plan Thursday that will lay out how they intend to pay for an arena at the site of the Downtown Plaza.

City Manager John Shirey said he believes “we’ll still make that deadline” of releasing a proposal Thursday, but that “it will take every minute between now and then to achieve that.”

via Ryan Lillis, Tony Bizjak and Dale Kasler of The Sacramento Bee

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