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Sacramento Kings President Chris Granger talks to reporters before the City Council meeting at which a voted was scheduled on a $477 million downtown arena plan for the NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The city would be responsible for a $223 million subsidy, much of it financed through a bond backed by the city’s parking revenue. If it's approved, the Kings are scheduled to break ground this summer and open in time for the 2016-17 season. (AP Photo/Rich Pedroncelli)

Sacramento Kings President Chris Granger talks to reporters before the City Council meeting at which a voted was scheduled on a $477 million downtown arena plan for the NBA basketball team, in Sacramento, Calif., Tuesday, May 20, 2014. The city would be responsible for a $223 million subsidy, much of it financed through a bond backed by the city’s parking revenue. If it's approved, the Kings are scheduled to break ground this summer and open in time for the 2016-17 season. (AP Photo/Rich Pedroncelli)

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