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"The Sacramento City Council will decide whether to use eminent domain in an effort to acquire the former site of the Macy's store on K Street, a critical piece of land for a planned arena and development.Renaissance Report: Arena would spur 17,000 construction jobsSacramento city officials said the owners of the 600 K Street property and the city have been unable to reach an agreement. The owners have been advised that the City Council will take up the matter of eminent domain\u00A0during a regular meeting on Tuesday.Public asked for input on Sacramento arena plan\"Given the importance of this project to the City and the need for this site, we are seeking assistance from the Court to gain control of the property and provide fair compensation to the property owners,\" said John Dangberg, an assistant city manager.Study: Arena would create trouble spots but improve overall trafficA fair market value for the property has been assessed and an offer was presented to the owners based on that appraisal, the city said Thursday in a news release.Documents: Sacramento arena costs are going upIf the council OKs the use of eminent domain, a court action will be field. It would let a jury decide a fair price for the parcel, the city said. \u00A0"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.kcra.com/article/sacramento-city-council-might-use-eminent-domain-for-arena/6410192>