The bronze statue of Ben Ali was cut from its pedestal near the 1900 block of Del Paso Boulevard and Winnipeg Street, where it had stood for nearly two decades. The statue is now valued at about $80,000.
The statue was installed in 2007 with the help of a grant and city funding.
"This represents that we can fall, and be broken, but we can still make a difference," the chamber said.
Perez said the city does not currently have the money to replace the statue.
The Sacramento Police Department is investigating the theft and asking anyone with information to come forward.
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