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State officials ruled that the City of Sacramento did not meet deadlines for financing the K Street revitalization project, including improperly allocating redevelopment funds. The city disagreed and will sue to overturn the decision.

CA Senate President Pro Tem Darrell Steinberg’s bill to ease the judicial process for Sacramento’s proposed arena sails through legislature--needs final approval from governor.

Ever since a tentative deal for a new sports arena was struck between the City of Sacramento and new owners of the Sacramento Kings, real estate activity around the proposed downtown location has increased including deals for long empty storefronts.