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HomeMy WebLinkAboutAgenda - 10-09-2007-6dORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: October 9, 2007 Action Agenda Item No. (~ - c~ SUBJECT: West Ten Soccer Center Public/Private Partnersh DEPARTMENT: Recreation and Parks PUBLIC HEARING: (Y/N) No ATTACHMENT(S): INFORMATION CONTACT: Lori Taft, 245-2660 PURPOSE: To provide the opportunity for the Board to discuss a proposal for sponsorship of the West Ten Soccer Center by Sports Endeavors, Inc. BACKGROUND: In 2006 and 2007, the Board had opportunities to consider the idea of developing a partnership with private entities which would serve to assist with needed funding to develop and operate soccer facilities and in which a facility could possibly be named so as to honor this partnership. The Board authorized County representatives to continue to meet with Sports Endeavors and others to pursue this concept. Recently, Sports Endeavors has confirmed details of an offer for a partnership. Sports Endeavors has agreed to a sponsorship contribution of $150,000. In addition the company has offered up to $150,000 more to match other sponsorships from the community. In exchange, Sports Endeavors asks that the Soccer Center bear the name "Eurosport Soccer Center" for a period of five (5) years. Eurosport is a subsidiary of Sports Endeavors. At the end of this period, Sports Endeavors requests the right of first refusal for potential renewal of the partnership. Associated items such as signage, marketing references, indemnification, etc. are all details remaining to be discussed and included in a legal document. By way of comparison, the SAS Soccer Park in Cary, managed by the Department of Parks and Recreation, is at the end of a three-year naming agreement with SAS Institute. This three-year agreement for $150,000 per year was renewed once. Currently, negotiations are underway for a $300,000 per year contract with Wake Med. This facility is host to minor league sports teams, National Collegiate Championships and other high visibility events. Soccer complexes in Wake Forest and elsewhere have naming contracts with banking institutions and other sponsors, but the amounts are generally undisclosed as these facilities are privately owned. Smaller partnerships for individual field naming rights could potentially be solicited once zoning regulations for signage are reviewed. Presently, the sign regulations for the Economic Development District (EDD) zoning district permit only project identification and directional signs totaling 200 square feet. "Outdoor advertising signs, billboards and portable signs are prohibited -. as are inflatable signs" is presently the guidance within the EDD design manual. This can be modified by a zoning text change to the manual. County staff will be evaluating alternatives. FINANCIAL IMPACT: A .minimum of $150,000 would be contributed to the development and/or operation of the soccer center, with the potential for $300,000 in additional funds pending any actions related to the zoning provisions and securing additional partners. RECOMMENDATION(S): The Manager recommends that the Board authorize staff to negotiate and return with a proposed agreement for review by the Board.