Anaheim Courts an NBA Team

Jensen, Randall
April 2011
Investment Dealers' Digest;4/1/2011, Vol. 77 Issue 13, p9
Trade Publication
The article focuses on the rival between Sacramento and Anaheim cities of California to nab the Sacramento Kings for the National Basketball Association (NBA) franchise. It states that the city council of Anaheim unanimously approved the 75 million dollars of taxable revenue bonds for the improvement of its Honda Canter arena and to help the transfer of Kings. However, it mentions that the 77 million dollars debt of the team owes the Sacramento of 67 million dollars of lease revenue bonds.


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