File #: 170110    Version: 1 Name:
Type: Miscellaneous Item Status: Approved
File created: 3/28/2017 In control: City Council
On agenda: 4/3/2017 Final action: 4/3/2017
Title: Catalyst Project Council is requested to adopt the recommendations presented by staff on the proposed downtown catalyst project as outlined in the presentation and outline below. 1. Authorize the Manager to seek County participation regarding increased tax base. 2. Authorize the Manager to proceed with development of Multi Use Stadium financing plan. 3. Authorize the Manager to develop an Agreement with Forward High Point regarding their coordination of design and private development for the site. 4. Authorize Forward High Point to finalize Team Ownership and Naming Rights for Multi Use Stadium.
Sponsors: Committee of the Whole
Indexes: Baseball, Catalyst Project, Multi Use Stadium
Attachments: 1. Catalyst Development FINAL 4_3_17, 2. Expression of Interest Letter from President Atlantic League.pdf

Title

Catalyst Project

Council is requested to adopt the recommendations presented by staff on the proposed downtown catalyst project as outlined in the presentation and outline below.

1. Authorize the Manager to seek County participation regarding increased tax base.

2. Authorize the Manager to proceed with development of Multi Use Stadium financing plan.

3. Authorize the Manager to develop an Agreement with Forward High Point regarding their coordination of design and private development for the site.

4. Authorize Forward High Point to finalize Team Ownership and Naming Rights for Multi Use Stadium.

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