Sacramento City Manager John Shirey Explains Term Sheet From City’s Perspective
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Sacramento city manager John Shirey represented the city in negotiations with the investors who are hoping to keep the Kings in Sacramento, so he joined Grant to give some in-depth analysis on the term sheet from the city’s perspective. Shirey talked about the hard work that went into putting this term sheet together, this year’s term sheet versus last year’s, the city’s contribution to the deal, the non-binding nature of the deal thus far, the proposed parking contributions and the City Council’s vote on Tuesday.