Updated: 9:22 PM PST Nov 12, 2024 I’M LISA GONZALEZ. AND I’M ANDREA FLORES. IN ABOUT AN HOUR, THE SACRAMENTO CITY COUNCIL WILL MEET TO VOTE ON A PROPOSED TERM SHEET FOR THIS NEW STADIUM. AND THE GOAL IS TO TRANSFORM THE RAILYARDS DOWNTOWN AS PART OF A NEW PARTNERSHIP WITH WILTON RANCHERIA. ANDRES VALLE IS LIVE IN SACRAMENTO AT CITY HALL RIGHT NOW AHEAD OF THAT COUNCIL VOTE. SO, ANDRES, WHAT DO YOU KNOW? WELL, ANDREA, RIGHT NOW COUNCIL CHAMBERS ARE STILL CLOSED. THE DOORS ARE CLOSED AS THEY’RE IN CLOSED SESSION. BUT ONCE THOSE DOORS OPEN AT 5:00, THEY’LL BE TALKING ALL ABOUT THE STADIUM. SO HERE ARE THOSE SKETCHES THAT INCLUDE THE CITY STAFF REPORT OF WHAT? THAT STADIUM COULD LOOK LIKE. NOW, CITY LEADERS TONIGHT ARE EXPECTED TO VOTE ON A NEW TERM SHEET WITH A NEW PARTNER TO BUILD THE STADIUM. THAT NEW PARTNER IS THE WILTON RANCHERIA, WHO WOULD BECOME THE MAJORITY OWNER OF SAC REPUBLIC FC AND INVEST IN THE RAIL YARDS DEVELOPMENT. SO HERE’S WHAT’S INCLUDED IN THOSE DETAILS. IN EXCHANGE FOR ALLOWING THE RANCHERIA TO BUILD A NEW $175 MILLION, 12 000 SEAT STADIUM, THE TEAM WOULD ENTER INTO NON RELOCATION AGREEMENT FOR A PERIOD OF TEN YEARS. NOW THE CITY WOULD WAIVE UP TO $300,000 A YEAR WORTH OF POLICE, FIRE AND EMERGENCY SERVICES RELATED TO THE STADIUM AND GAMES, AND THE CITY WOULD ALSO AGREE TO ALLOW A NEW 3600 PERSON LIVE ENTERTAINMENT FACILITY IN THE RAILYARDS. HISTORIC CENTRAL SHOPS. NOW, THE SACRAMENTO CITY COUNCIL MEETING STARTS IN LESS THAN AN HOUR. AND OF COURSE, CITY LEADERS ARE EXPECTED TO VOTE ON THIS TERM SHEET. SO WE ARE CURRENTLY HERE. WE’RE WAITING FOR THOSE DOORS TO OPEN, AND ONCE WE ARE INSIDE, WE’LL PROVIDE YOU WITH LATER UPDATES LATER ON TONIGHT. LIVE HERE IN DOWNTOWN SACRAMENTO, I-205 FOR KCRA THREE NEWS. ANDRES, THANK YOU SO MUCH. SACRAMENTO REPUBLIC FC MANAGING PARTNER KEVIN NAGLE AND WILTON RANCHERIA CHAIRMAN JESUS TARANGO SAT DOWN WITH ME ON OUR NOON SHOW TODAY, AND NAGLE SAYS WILTON RANCHERIA IS A GREAT PARTNER TO HELP BUILD THE STADIUM AND BE MAJORITY OWNER OF THE SOCCER TEAM. IT’S THEIR LAND THAT WE’RE GOING TO NUMBER ONE, SO IT WOULD BE LIKE COMING HOME, BUT REALLY, I’D SAY MORE IMPORTANTLY IS WHEN WE SAT DOWN, WE TALKED ABOUT WHAT OUR INTERESTS WERE AND REALLY, JESUS AND HIS TEAM, THEY’RE VISIONARIES. AND I MEAN, WE HAD SOME VERY SPECIFIC PEOPLE THAT WE WANTED TO BRING IN. WE HAD A NUMBER OF PEOPLE THAT ACTUALLY WE COULD HAVE BROUGHT IN, AND IT JUST MADE ALL THE SENSE IN THE WORLD TO BRING A LOCAL PARTNER IN WHO HAD REALLY A VISION THAT WAS VERY SIMILAR TO OURS. NAGLE AN GET LOCAL BREAKING NEWS ALERTS The latest breaking updates, delivered straight to your email inbox. Your Email Address