Agenda Item Name:
Title
Presentation on a Sports Events Center by Victus Advisors
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Presenter:
Brian Connolly, Principal at Victus Advisors
Description:
This presentation brings back to the Board an analysis of a Sports Events Center at Celebration Pointe
Recommended Action:
Recommended Action
Hear presentation and direct staff further explore the creation of a Sports Events Center via a partnership with Celebration Pointe Community Development District with the following ordered steps:
1) Determine public funding sources/amounts for the project.
2) Develop architectural designs and construction cost estimates.
3) Conduct a Celebration Pointe parking demand study and determine cost and funding sources for additional parking stalls.
4) Establish legal parameters for venue funding and ownership.
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Prior Board Motions:
At the May 7, 2019 Special Meeting Commissioner Byerly moved the following:
1. That we direct staff to expand Victus Study to include an analysis of the Celebration Pointe Site and include as needed an analysis of the range of Public and/or Private Ownership models and to work with the Celebration Community Development District to come up with those numbers.
2. Direct staff to prepare a business model / operational analysis for all three of the sites we have been considering for public investment; Celebration Pointe,
Cabot Koppers and the MLK Site.
3. Direct Staff to draft an Interlocal Agreement for consideration by the
Commission for investments of Community Redevelopment Agency (CRA) funds and Wild Spaces Public Places funds for the Citizens Field and Cabot
Koppers sites. This should include a timeline for the development.
4. Authorize a Chair Letter to request that the Event Center be a topic of discussion at our Joint Meeting in June with the City of Gainesville.
The motion carried 5-0.
Fiscal Consideration:
Fiscal Consideration
It is estimated that a new sports events center and ancillary development at Celebration Pointe...
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