Alachua County Board of County CommissionersRequest for Letters of Interest

Private Sector Partners for the Development of the County’s New Fairgrounds and

Transforming the Existing Fairgrounds Site into a Business/Commerce Park

Location MapExisting and Future Fairgrounds Sites

Public Private Partnership to Develop Fairgrounds

• Request for letters of interest from private sector

• Assistance with financing and development of new Fairgrounds

• Private sector redevelopment of old Fairgrounds site

Components of the new Fairground

• 50,000 sq. ft. Arena/Coliseum with 5,000 permanent seating and space for 2,500 temporary seating, and 10,000 sq. ft. of meeting/office space

• 48,000 sq. ft. Multi-Purpose Auditorium/Exhibition Hall

• 50,000 sq. ft. Covered Equestrian/Livestock Arena, with tent pads and animal barns

• Midway and Events Lawn• Parking

New Alachua CountyFairgrounds Master Plan

New Alachua County Fairgrounds Master Plan - Phase I

The estimates costs forconstruction of Phase I of the Fairgrounds

• Exhibition Building: 46,000-50,000 gsf = $8,500,000• Covered Arena: 56,000 gsf = $3,600,000 • Open Warm-up Arena: 15,000 gsf = $100,000 • Animal Tent Pads: 65,000 gsf = $200,000 • Gates/Portals/Graphics: 2 = $80,000 • Fencing: 4,000 lf = $160,000 • Events Lawn: 9 acres = $720,000 • Paved Parking: $600,000 • RV Connections: 50 = $150,000 • General Site Development: $4,500,000 • Fixtures/Furnishings/Equipment: $500,000(allowance)___________________ Subtotal: $19,110,000 Contingency: $1,900,000 Architectural Fees and Related Soft Costs: $1,300,000

Order of Magnitude Projected Cost: $22,310,000

Cost Estimates forConstruction of Fairgrounds - Phase I

Order of Magnitude Projected Cost, including Architectural Fees, Related Soft Costs and Contingency: $22,310,000

Order of Magnitude Financing Available, without Committing General fund to Debt Service: $12,000,000

Existing Alachua CountyFairgrounds Property

Representative Uses Allowedin Business Industrial (BI) Zoning

Potential Private Sector Incentives

• Long-term, low-cost land lease

• Qualified Targeted Industry Tax Credits

• Tax Credits and other incentives available by location Gainesvile CRA and Enterprise Zone

Recommendations

• Authorize staff to distribute Request for Letters of Interest from private sector to partner with the County to develop its new Fairgrounds and redevelop the existing Fairgrounds site

• Requests responses be submitted by April 1, 2011