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ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: April 8, 2008 <br />Action Agenda <br />Item No. __s~ - <br />SUBJECT: West Ten Soccer Center Public Private Partnership <br />DEPARTMENT: Parks and Recreation PUBLIC HEARING: (Y/N) No <br />ATTACHMENT(S): <br />Sponsorship Brochure <br />Cover Letter <br />Reply Card <br />INFORMATION CONTACT: <br />Lori Taft, 245-2660 <br />PURPOSE: To review the materials which have been prepared for distribution to businesses <br />in the Community in order to solicit potential financial partnerships for the individual amenities at <br />the new soccer center. <br />BACKGROUND: At the October 9, 2007 regular meeting, the Board authorized staff to continue <br />to develop the potential partnership between Orange County and Sports Endeavors as well as <br />partnerships with other community entities. The Board may recall that Sports Endeavors' offer <br />included a $150,000 "challenge" to other community businesses. Parks and Recreation staff <br />has been working with the Planning Department along with Visitor's Bureau and the <br />Hillsborough and Chapel Hill Chamber of Commerce staffs to determine the limitations for <br />signage with possible sign code amendments in the Economic Development District and to <br />develop the materials attached. <br />The soccer center is currently under construction with a time line indication that signage will <br />need to be ordered over the summer. Staff proposes to bring the complete partnership <br />package to the Board for final consideration in June. <br />FINANCIAL IMPACT: Up to $490,000 in revenue could potentially be raised in exchange for <br />five-year naming rights, for up to 11 entities. <br />RECOMMENDATION(S): The Manager recommends that the Board receive and review the <br />attached documents. <br />