The City of Rancho Cordova is moving one step closer to getting a new sports and entertainment arena.
Monday evening, city leaders approved a $940,000 subsidy to offset the development fees that would otherwise need to be paid by the developer of the project, which would be the home to a new indoor professional soccer league.
“The opportunity to have a sports arena district with hotels and retail is something we really believe our community is looking for,” said Amanda Norton, the City of Rancho Cordova’s economic development director…