TO: Mayor and Members of City Council
THRU: Douglas J. Hewett, ICMA-CM, City Manager
FROM: Kristoff Bauer, Deputy City Manager
DATE: March 19, 2018
RE:
Title
Stadium Construction Manager At Risk ("CM@R") Contract With Barton Malow Fourth Amendment, Capital Project Ordinance Amendment 2018-50
end
COUNCIL DISTRICT(S):
Council District(s)
All
b
Relationship To Strategic Plan:
Goal 4: Desirable Place to Live, Work and Recreate
Executive Summary:
The final GMP amendment will be provided to the Baseball Committee for consideration at 5:00 pm on Monday, March 19th for recommendation to Council. The Council will be asked to act on the Committee's recommendation during the Regular Meeting that follows.
Background:
The Council has taken several steps along the path of constructing a minor league baseball stadium and entertainment venue including:
* The approval of a financing plan for stadium construction,
* The execution of a thirty year operating agreement with the Astros,
* The Initiation of project design after selecting and contracting with the project architect,
* The adoption of capital project ordinance to support construction
* The execution of a CM@R contract with Barton Malow, and
* The execution of a Downtown Development Agreement with PCH.
The Astros agreement requires the stadium to be completed in advance of the 2019 baseball season which starts on April 4, 2019.
Baseball in Fayetteville
In June 2016, the Council reviewed a Minor League Baseball Feasibility Study (excerpt attached). The study concluded that Fayetteville would likely be an attractive market for a minor league team. The City received an inquiry from the Huston Astros regarding locating their Single A+ affiliate team in Fayetteville shortly thereafter. The Study also estimated the construction cost of a stadium on the current site at just under $47 million.
The Study went on to estimate that the economic impact of just the stadium alone would be:
Constructi...
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