The following documents relate to the economic development assistance to Brookstown Development Partners, LLC, Sports Menagerie, LLC and Sports Menagerie Corporation. The original agreement approved by City Council provided $12 million to assist with the baseball stadium project. The new request is for $15.7 million additional monies of city participation.
Citizens' Baseball Stadium Review Committee
Review Committee meeting minutes
Questions and answers page
September 8, 2009: City financing
Resolution clarifying terms for aquisition of property and for financing the sale of certain city-owned land [pdf/474kb/2p].
Action Request Form to adopt resolution clarifying terms [pdf/264kb/1p].
Structure for additional funding [pdf/281kb/3p].
City Financing Terms and Conditions [pdf/266kb/2p].
August 25, 2009: Approval of payment for stadium construction
Resolution to approve payment of baseball stadium construction [pdf/15kb/3p].
July 20, 2009: Approval of the additional Brookstown Development Items
Additional Brookstown Development Items [pdf/208kb/6p].
July 6, 2009: Approval of the additional Brookstown Development Items
Additional Brookstown Development Items [pdf/1.25mb/16p].
July 16, 2009: Parking Needs Assessment
Parking Needs Assessment document [pdf/1.5mb/9p].
June 17, 2009: Approval of the Brookstown Development Project
Brookstown Development Project additional conditions [pdf/ 18kb/3p].
BrookstownDevelopment-Exhibit A090615 [pdf/24kb/3p].
June 15, 2009: The City Council considers a new request for an additional $15.7 million for the project
Pending Council Action [pdf/361kb/13p].
Presentation of project background [pdf/1.4mb/29p].
Project Construction Budget Information
Summary memo [pdf/15kb/2p].
Baseball project budget summary [pdf/188kb/1p].
Baseball budget report [pdf/533kb/2p].
Sources and uses [pdf/405kb/1p].
Baseball year one capital [pdf/288kb/1p].
Baseball year one operations capital [pdf/180kb/1p].
Baseball vertical construction change orders [pdf/792/2p].
Baseball change order site conditions [pdf/792kb/2p].
Baseball change order request log [pdf/235kb/1p].
Baseball open change order request log 2 [pdf/1.17mb/3p].
Original Baseball Agreement
Final with modified conditions and exhibits 11-20-07 [pdf/ 291kb/16p].
Final item-Brookstown Development Project [pdf/700kb/23p].
Final revised economic development approval 08-06-07 [pdf/730/21p].
Brookstown Relocation Assistance [pdf/30kb/2p].
NCDOT Pass-through funds [pdf/392kb/2p].
Sale of park land [pdf/213kb/5p].
Road Closure Petition [pdf/27kb/5p].
Request for State Funds [pdf/605kb/3p].
Incentives Agreement-executed [pdf/153/14p].
Deed of Trust 2626 [pdf/222kb/16p].
Deed of Trust_3935 [pdf/177kb/7p].
Deed of Trust_1146 [pdf/582kb/20p].
Deed of Trust_4272 [pdf/148kb/6p].
Site plan documents
Site plan drawing [pdf/499kb/1p].
Staff report for the rezoning [pdf/839kf/10p].
Conditions of approval [119kb/3p].
Payments made to Sports Menagerie Corporation based upon City Council's commitment to invest $12.0 million in Phase 1
Payment Summary to Sports Menagerie [pdf/214kb/1p].
11-27-07 payment [pdf/469kb/2p].
01-08-08 payment [pdf/305kb/4p].
01-28-08 payment [pdf/161kb/4p].
03-08-08 payment [pdf/196kb/4p].
04-07-08 payment [pdf/158kb/4p].
05-02-08 payment [pdf/157kb/4p].
06-06-08 payment [pdf/202kb/4p].
07-14-08 payment [pdf/141kb/4p].