Agenda - 03-15-2005-9a - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: March 15, 2005 Action Agen a Item No. - 4 SUBJECT: Possible Acquisition of the Triangle SportsPlex DEPARTMENT: Manager/PurchasinglFinance PUBLIC HEARING: (YIN) No ATTACHMENT(S): Draft Resolution Blackman & Sloop Report Corley Redfoot Zack Report (under separate cover) Durham 688-7331 Mebane 336-227-2031 INFORMATION CONTACT: Rod Visser, ext 2300 Pam .Jones, ext 2652 Ken Chavious, ext 2453 TELEPHONE NUMBERS: Hillsborough 732-8181 Chapel Hill 968-4501 PURPOSE: To consider whether or not Orange County should pursue acquisition of the Triangle SportsPlex. BACKGROUND: In Fall 2004, the Board of Commissioners directed staff to perform due diligence analysis regarding the County's potential interest in acquiring the Triangle SportsPlex property, The County s interests relate not only to recreation opportunities, but also to a proposal to construct the new Central Orange Senior Center in conjunction with an expansion of the SportsPlex, The SportsPlex is an 82,000 square foot facility in the Meadowlands Business Park in Hillsborough that provides a regulation ice rink, three swimming pools, fitness equipment, and other recreation amenities. The County operates a small senior center in rented space on property immediately adjacent to the SportsPlex property. The County has an existing ten-year facilities/service agreement under which the County provides payments of $400,000 a year to Eaton Vance, the owner of the SportsPlex, to support the availability and affordability of the swimming pools and other recreational opportunities for citizens of Orange County. The ten-year agreement expires at the end of March 2005. Staff have been working with the agent for Eaton Vance for several years to examine options upon the expiration of the ten-year agreement, Since early 2004, staff have been working to develop a proposal that would involve the construction of an expansion to the existing SportsPlex building, That expansion and a reallocation of some existing, underutilized square footage within the existing building would be used to provide 15,000 square feet of dedicated space for a Central Orange Senior Center to be operated by the County's Department on Aging, Consideration may also be given to the development on the property of affordable housing.