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The Sacramento Convergence plan which hinges on a complex land swap deal in order to build a new arena downtown has apparently hit another snag.
Already developers of the rail yards property (one component of the three-part plan) face possible bankruptcy.
Now, a consultant’s report says the plan does not make fiscal sense for the state fair. Here are the reports:
Cal Expo Development Plan Alternative Analysis Report
Cal Expo Development Plan Alternative Analysis Report
Cal Expo Development Plan Alternative Analysis Report Technical Appendices
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