Minutes 04/09/1996 - Laserfiche WebLink

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ADril 9, 1996 It is expected that participation in this study will cost each jurisdiction in the range of $5,000 to $10,000. more accurate cost will be available when it is known how many localities will participate, as well as the extent of private sector participation. If the Council concurs with this approach, the funding can be accommodated within the existing operating budget. A I am supportive Of this effort, because the attraction of a sports franchise would bring benefits to the entire region, and not just to the host locality. The only way that real progress can be made is if the region works collectively on this project. I believe it is in Portsmouth's best interest to be a participant in this project, and I am comfortable with the proposed role of the Greater Norfolk Corporation. Accordingly, I recommend that the City Council adopt a resolution in support of participation in the feasibility study." Motion by Mr. Martin, and seconded by Mr. Robinett, adopt the following resolution, and was adopted by the following vote: to "A RESOLUTION IN SUPPORT OF PARTICIPATION IN A STUDY TO DETERMINE THE FEASIBILITY OF CONSTRUCTING A SPORTS ARENA IN F~kMPTON ROADS. WHEREAS, Hampton Roads is one of the largest urban areas in the United States without the presence of a major league sports franchise; and WHEREAS, the Hampton Roads Mayors and Chairs Caucus has discussed on numerous occasions the possibility of taking actions necessary to attract such a franchise to H~unpton Roads; and WHEREAS, it is necessary to determine the feasibility of building an arena, as well as other related recreational facilities an the various communities of Hampton Roads; and WHEREAS, the Greater Norfolk Corporation, a non-profit corporation created to provide a private sector perspective in support of economic development to the City of Norfolk and to foster public/private partnerships, has agreed to serve as the contracting agency to engage expert advice as to the feasibility of constructing an arena and whether the Hampton Roads area can support the presence of a major league sports franchise; and WHEREAS, if the results of the feasibility study are positive, a public Request for Proposals is expected to be issued to engage the services of architects, engineers, and other expertise necessary to advise the communities of Hampton Roads on site location, design, infrastructure requirements, transportation considerations, and other relevant matters; and WHEREAS, the private sector will be asked and is expected to contribute financial resources necessary to establish the feasibility. NOW, THEREFORE, BE IT RESOLVED, by the Council of the City of Portsmouth, Virginia, that the City Council agrees to commit time, energy, and, if necessary, financial resources to further the goal of obtaining a major league sports franchise."