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Money For Virginia Beach Arena Not In Governor's Budget

Virginia governor Bob McDonnell said on Friday that he doesn't plan to offer any subsidy for the construction of an arena in Virginia Beach.

Officials from the city were seeking $150 million in state funds, including $70 million toward a new arena and $80 million to assist the Sacramento Kings in relocating to Virginia Beach.

State support hasn't been ruled out, but spokesman Tucker Martin said further study is needed before the governor would recommend the funding.

Via Dale Kasler/Sacramento Bee

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