STRATEGIC PRIORITY: Quality of Life
AGENDA DATE: January 8, 2020
COUNCIL DISTRICT(S):|910|DEPARTMENT: Mayor and City Council Office
EXECUTIVE: Kimberly Bizor Tolbert
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SUBJECT
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Authorize a twenty-year agreement with one ten-year renewal option and two additional five-year renewal options, with Reverchon Park Sports and Entertainment, LLC, for the development, operation, and maintenance of a proposed new athletic field and stadium at Reverchon Park located at 3505 Maple Avenue - Annual Revenue: Reverchon Park and Recreation Beautification Fund $30,000.00 (see Fiscal Information)
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BACKGROUND
On December 1, 2016, the Park and Recreation Board was briefed regarding potential opportunities for the development and operation of a new ballpark at Reverchon Park. The City of Dallas Park and Recreation Department (PKR) staff received direction to hold a public input meeting and then issue a Request for Proposals.
On July 12, 2017 and September 12, 2017, PKR held public meetings with the community and stakeholders. On June 26, 2019 and July 3, 2019, the City of Dallas advertised the Request for Proposals for the subject project. In response to this advertisement, the Office of Procurement Services received one proposal from Reverchon Park Sports and Entertainment, LLC (RPSE) on July 19, 2019.
It is proposed that RPSE, the developer, and the City enter into a development, operation and maintenance agreement which outlines the roles and responsibilities for the proposed athletic field and stadium. (Proposal Tracking Summary attached).
Following are the proposed deal points: Following are the proposed deal points as briefed to City Council on November 19, 2019. Based on City Council input, Park & Recreation will provide additional changes to the terms of the agreement by memorandum as well as an accompanying motion to amend the resolution before the December 11, 2019 City Council Agenda me...
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