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Thread: O.T Seattle may soon have an Arena

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    Member Romsey31's Avatar
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    Default O.T Seattle may soon have an Arena

    http://www.nba.com/2012/news/07/23/s....ap/index.html

    Vote for new Seattle arena could take place next week

    Posted Jul 23 2012 11:14PM
    SEATTLE (AP) -- The plans for a new arena that could bring the NBA back to Seattle has taken another step forward with the King County Council possibly taking a vote on the proposal as early as next week.





    The council announced Monday it was moving the memorandum of understanding between investor Chris Hansen and the county out of committee and for a possible full council vote on July 30. Both the county council and the Seattle City Council must approve it.
    Hansen has proposed a $490 million facility with $290 million in private investment, and the remaining $200 million bonded by the city and county and paid off through arena-generated taxes and revenues over the next 30 years. The amount being bonded is less on the county, and it was initially believed the county wouldn't vote until after the city took action on the proposal. The city council hasn't announced a timeline for a possible vote
    Impossible Is Nothing

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    Member Coupe's Avatar
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    Default Re: O.T Seattle may soon have an Arena

    bobcats may have a new home yet.

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    I'm on a MAC! graphic-er's Avatar
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    Default Re: O.T Seattle may soon have an Arena

    Quote Originally Posted by Coupe View Post
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    bobcats may have a new home yet.
    Pacers may have a new home yet...
    You can't get champagne from a garden hose.

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    I like this, the Sonics need to return!


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    RING THE BELL! Sandman21's Avatar
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    Default Re: O.T Seattle may soon have an Arena

    More like the Kings....
    "Nobody wants to play against Tyler Hansbrough NO BODY!" ~ Frank Vogel

    "And David put his hand in the bag and took out a stone and slung it. And it struck the Philistine on the head and he fell to the ground. Amen. "
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    Default Re: O.T Seattle may soon have an Arena

    Too bad they couldn't have done this five years ago. (yes, I know it was a complicated situation)

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    Yeah, I'm a Pacers fan. MyFavMartin's Avatar
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    Default Re: O.T Seattle may soon have an Arena

    For hockey...

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