Legislation signed on Seattle arena deal

  • Associated Press
  • Tuesday, October 16, 2012 3:31pm
  • SportsSports

SEATTLE — King County Executive Dow Constantine and Seattle Mayor Mike McGinn have signed legislation on the funding plan for construction of an arena that could be used to lure the NBA back to Seattle.

The executives signed the deal on Tuesday after a negotiated memorandum of understanding between the city, county and investor Chris Hansen was approved by the city and county councils a day earlier.

The plan calls for a $490 million arena to be built near where Safeco Field and CenturyLink Field are located, with $200 million coming in public financing. The arena plan is still subject to environmental reviews.

More in Sports

Sounders clinch playoff spot with 4-0 win over FC Dallas

Seattle gets two second-half goals from Will Bruin as it earns the right to defend its MLS Cup

Cascade senior finds ‘freedom’ with help of football

After escaping oppression in Iraq, Bruins kicker Sarmad Aqrawi forges a new life in the U.S.

Turner, Dodgers walk off with a victory in Game 2 of NLCS

Justin Turner hits a three-run homer with two out in the bottom of the ninth to give L.A. a 4-1 win

Moos leaving WSU to become the athletic director at Nebraska

Moos has been the athletic director at Washington State since 2010

Another desert nightmare: No. 5 UW shocked by Arizona St.

The Huskies’ offense struggles mightily in a 13-7 loss to the Sun Devils on the road.

Patterson: M’s lack of homegrown talent is a big concern

Statistics show Seattle is lacking behind playoff teams in player development.

POLL: Which loss was worse, UW Huskies or WSU Cougars?

Both Washington and Washington State suffered inexplicable upset football defeats over the weekend.

Seahawks running game still stuck in neutral

None of Thomas Rawls, Eddie Lacy or C.J. Prosise have stepped up in the absence of Chris Carson

Silvertips end road trip with a 5-3 loss to Kootenay

Everett Silvertips fell short of a comeback as they concluded their nine-game road trip with a loss.

Most Read