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HomeMy WebLinkAboutRS1-Economic Development o o o . ..L - . 9EVELOPMENT DEPARTMENP or DIE CrI'Y or SAN BERNARDINO ECONOMIC DEVELOPMENT AGENCY REOUEST lI'OR COMMISSIONlCOUNCR.. ACI'lON FROM: KENNETI:I J. HENDERSON Executive Director SUBJECT: SAN BERNARDINO BASEBALL STADIUM DATE: August 11,1994 Smoo'" ofPrevloUl CnIIIlml..lonIrnnnftllCnmmlttNl AMInR(ll! The Community Development Commission has previously taken actions relative to the development of a San Bernardino Baseball Stadium involving establishment of an Ad Hoc Committee, retention of a marketing consultant and selection of a site for said stadium. lI~lIIfmded MotIonlal: (CRlllmunItY n.wlllJmmMrt r.nmmh.lon) MOTION: That the Community Development Commission continue the matter regar~j financing of the proposed San Bernardino baseball stadium to September yr, 1994. . ,\..1 ~of~ ~ERSON Eueutlve DIndor Administrator Contact Person(s): ",,:mneth J. HP.rVIP.rAnnJTimnthv c. ~tP.inhllll!i1 Phone: 5081 Project Area(s): Central eity Sou1h (ees) Ward(s): One (]) supporting Data Attached: StaffReoort: FUNDING REQUIREMENTS: Amount: S N/A Source: NlA Budget Authority: N/A Conlllnlqlon/C'-OunrnJ Notes: ...---_______ T' __.. KJH:1ag:08-02.Q4.cdc COMMISSION MEETING AGENDA MEETING DATE: 08115/1994 Agenda Item Number: f.::; - I .' D~ELOPMENT DEPARTMQ.T ECONOMIC DEVELOPMENT AGENCY STAFF REPORT , o San Bernardino BasebaU Stadium The Commission has previously discussed various aspects of developing a baseball stadium in order to fBciIitate the retention of the San Bernardino Spirit Single "A" baseball team. The Commission has also taken actions establishing a baseball stadium Ad Hoc Committee and retained Peat MarwicklHOK to conduct a stadium feasibility study. During its most recent consideration of this mstter, the Commission reviewed the Peat MarwickIHOK consultant's report, took action selecting the Central City South site as the best location for a baseball stadium and directed staff to prepare a financing plan with the understanding that said plan would be brought back to the Commission on August IS, 1994. While work has commenced on the financing plan, there is still much to be accomplished and more time is needed to put together all aspects of the proposed financing plan. Based upon this situation, staff recommends continuation of this item to September 20, 1994. Staff recommend~ adoption of the form motion. o KE~~ERSON' Execntive Director Development Department .0 KJH:1ag:08-02-04.cdc COMMISSION MEETING AGENDA MEETING DATE: 08I1Sl1994 Agenda Item Number: f 5 - /