CC MEETING: July 12, 2016
DATE: July 5, 2016
TO: Leonard Martin, City Manager
FROM: Scott Whitaker, Parks & Recreation Director
Title
Consider Approval Of An Addendum To The Ground Lease Agreement With Blue Sky Sports Of Carrollton, LP.
Body
BACKGROUND:
In August 2015 City Council approved a lease agreement with Blue Sky Sports for approximately 30 acres of land adjacent to McInnish Park. This land was previously a landfill and Blue Sky Sports plans to develop an indoor and outdoor soccer facility.
Due to the challenges of this site and working with a third party, Blue Sky Sports is asking to amend the lease to provide an extension of the period Blue Sky must begin construction on their facility.
The current agreement listed March 1, 2016, as the construction start date. The addendum would modify the date to March 1, 2017.
FINANCIAL IMPLICATIONS:
There will be no costs to the city for approving this addendum.
STAFF RECOMMENDATION/ACTION DESIRED:
Staff requests approval for the addendum to the ground lease agreement.