Agenda Item Name:
Title
Sports Events Center 30% Plans Review and Project Update
End
Presenter:
James K. Harriott, Jr., P.E., Deputy County Manager
Description:
This presentation brings back the 30% Design of the Sports Events Center at Celebration Pointe. In the design process 30% represents a critical breakpoint in establishing the program and final construction price.
Recommended Action:
Recommended Action
Hear presentation and direct staff to continue to engage with the development team on the design to maximize the sports events potential of the facility while maintaining the financial pro forma.
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Prior Board Motions:
At the Board's Jan 26, 2021 meeting Commissioner Wheeler moved the following:
1) Authorize the Chair to sign a pre-development agreement consistent with the term sheet not to exceed $1 Million and
2) Authorize staff to work with the Operator to finalize the project development and operations agreements for future Board consideration.
3) The Board will review the plans at the 60% completion point.
2nd
Chestnut
The motion carried 5-0.
At the November 10, 2020 Board Meeting Commissioner Cornell moved to direct staff to negotiate a term sheet for the financing, construction and operation of a Sports Events Center with the most responsive proposer. And 2) bring back the results of negotiations for the Board's consideration. (5:0)
At the October 15, 2019 Board Meeting ?Commissioner Byerly moved direct staff to 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 l...
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