SAPAC presentation 9-1-15 San Angelo City Council

City Council Meeting September 1, 2015

Phase II - City AuditoriumPresentation by Roland Peña, Economic Development Director

September 1, 2015

New City Auditorium Annex• San Angelo Performing Arts Coalition Request• To construct a new city auditorium two story annex• 17,728 square feet behind city auditorium• Enhanced venue by adding dressing rooms and

loading docks to accommodate traveling shows• Estimated project costs: $ 4 Million• Allows SAPAC to seek additional funds needed• Only one component of a total $26 Million• Rehabilitation of City Auditorium• Coca Cola Building into Performing Arts Center

Vision/Mission• Performing Arts Campus centered by auditorium• For music, dance, theatre and other performing

arts; San Angelo Civic Ballet Angelo Civic Theater San Angelo Symphony Cultural Affairs Council San Angelo Performing Arts Coalition

Performing Arts Campus

Proposed Annex Basement

Proposed Annex Ground Floor

Ballot Language(2) The use of sales and use tax proceeds for the

continued economic development projects authorized under section 4B of the act, including, but not limited to, the development, promotion, creation, retention or expansion of business enterprises that create or retain primary jobs, including suitable infrastructure, up to 28% of gross sales and use tax

Local Government Code

• Chapter 505 - 4B corporations• Subchapter D – Authorized Projects• Sec. 505.152. PROJECTS RELATED TO

RECREATIONAL OR COMMUNITY FACILITIES.

ProjectFor purposes of this chapter, "project"

includes land, buildings, equipment, facilities, and improvements found by the board of directors to be required or suitable for use for professional and amateur sports, including children's sports, athletic, entertainment, tourist, convention, and public park purposes and events, including stadiums, ball parks, auditoriums,

Project Continuedamphitheaters, concert halls, parks and park facilities, open space improvements, museums, exhibition facilities, and related store, restaurant, concession, and automobile parking facilities, related area transportation facilities, and related roads, streets, and water and sewer facilities, and other related improvements that enhance any of the items described by this section.

• COSADC approved 8/26/15, with 6-0 vote

Action RequestedApprove and ratify the City of San Angelo Development's approval of an allocation of up to $1.5 million of the COSADC Economic Development unreserved fund balance account for the construction of a new annex, Phase II of the City Auditorium and authorizing the Director of Economic Development to negotiate a proposed contract with the San Angelo Performing Arts Coalition (SAPAC) for COSADC Board approval and subject to approval of the City Council;contingent on SAPAC’s raising the additional funds of approximately $2.2-$2.5 million necessary to purchase the required FF&E (Furniture, Fixtures & Equipment) and allows the City of San Angelo to execute a contract with Lee Lewis Construction for the construction of the project in accordance with the existing mutual agreement between the City of San Angelo and SAPAC.

City Council Meeting September 1, 2015