New Sports Arena and Plaza Fee Waivers
Summary
The most contested issue: whether tax sharing and fee waivers constitute a subsidy worth roughly $185 million over 35 years. Supporters call it performance-based revenue sharing with no general fund risk; opponents call it giving away public money before the full deal is public.
At a glance
- Total mentions
- 2
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 26, 2026.
Impact analysis
An estimated $185 million in forgone or shared tax revenue and fee waivers over 35 years, offset by new tax revenue the project generates.
The developers receive performance-based incentives that improve project financing.
Opponents argue residents subsidize private profit by giving up tax dollars the city would otherwise keep.
Mentions & discussions (3)
City Council - Oct 26, 2026
The most contested issue: whether tax sharing and fee waivers constitute a subsidy worth roughly $185 million over 35 years. Supporters call it performance-based revenue sharing with no general fund risk; opponents call it giving away public money before the full deal is public.
City Council - Jan 5, 2026
The city approved up to $940,000 in fee waivers to help build a new sports arena and plaza at Trade Center Boulevard and Kilgore Road.
Go-ahead for Rancho Cordova arena
Go-ahead for Rancho Cordova arena Coliseum Global Sports Venue Alliance
Related development
Cordova Arena and Downtown DOVA Project
This is the largest development in city history — an arena, hotel, retail, and affordable housing on the city's parcel, with milestone-based city participation and a projected $79 million in city revenue over 35 years.
Trade Center Arena and Plaza
Brings new recreational and entertainment opportunities and economic activity to the area.
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