Recommendation
Staff recommends Mayor and Council receive the presentation. Mr. William Askinazi, Principal for D&A Sports and Entertainment, LLC will make a 15-20 minute presentation, followed by a question and answer period.

Discussion
D&A Sports and Entertainment, LLC is proposing to construct on RedGate land a 6,500 seat arena, with surface parking to accommodate 2,500 cars.

According to their executive summary of their proposal,
"Two feasibility studies and two pro formas substantiate the unmet need for a 6,500 seat arena in the County on approximately 3-5 acres. Surface parking to accommodate 2,500 cars is required. There is an unmet need for entertainment, graduation sites, recreation including a hockey rink, and a civic center to host family events and have classroom capabilities. The civic center, if at Redgate, will be LEEDS certified and blend into the natural setting as per design planning by engineers at Skanska. The project will upgrade the roads in and out and allow for an enhanced 9 hole golf course and an improved clubhouse. The citizens will enjoy first rate entertainment at a local venue and have a local forum for graduations. The project will create 767 jobs and provide 1.3M in funding to the taxing authorities based upon 165 event dates and projected ticket sales, naming rights, box seats, advertising, etc. D&A proposes a lease of the land from the City and the City would own the civic center after thirty years. The business community strongly supports this project as does multiple recreational and educational groups."

Mayor and Council History
This is the first time this item has been brought before the Mayor and Council.

Attachments
Attach A- D&A Sports and Entertainment,LLC-Executive Summary.pdf

Department Head:



Burt Hall, Director of Recreation and Parks
Approved on: 05/20/2010

City Manager:

Scott Ullery, City Manager
Approved on: 05/22/2010