Title
Resolution - A Resolution Approving the Development Agreement Between the City, the Mansfield Park Facilities Development Corporation (MPFDC), and Mansfield Fieldhouse, LLC for the Fieldhouse, USA
Requested Action
Consider approving the Development Agreement for Mansfield Fieldhouse, USA
Recommendation
Approve agreement
Description/History
Fieldhouse, USA contacted the City to discuss the possibility of creating a public/private partnership for the construction and operation of a sports facility called Mansfield Fieldhouse, USA. During a Joint Work Session between City Council and the MPFDC on July 13, 2015, the MPFDC agreed to fund construction of the project.
The development agreement outlines the scope of the project to include design, development and construction of an in-door 90,000 square foot facility with eight basketball/volleyball courts, concession area, and programming space, viewing area and parking lot. The construction of the facility will be paid for by the MPFDC and will be built on City-owned land. The estimated cost of the project is $12 million and will be publicly bid through the Construction Manager At-Risk delivery method. This facility will be a public facility and Mansfield Fieldhouse, LLC will operate the facility through a lease and operating agreement between the City and Mansfield Fieldhouse, LLC. The MPFDC voted 7 - 0 to approve this agreement at a Special Meeting on August 6, 2015.
Justification
This facility will add an additional in-door element to the park system that could operate year-round focusing on basketball/volleyball leagues and tournaments. This facility will provide sports opportunities to our local youth and adults as well as out-of-town visitors. An economic and feasibility study was conducted on this project by Conventions Sport and Leisure, International and estimated approximately one million visitors will come to the center annually.
Funding Source
MPFDC ½ cent sales tax
Prepared By...
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