Friday, July 19, 2013

Funding Vote by Mid-August

According to sources within Orange County it appears that a vote on $20M in funds for Orlando City's proposed stadium will not happen until mid-August.

Officials told us today that the $60M venues plan will be presented to the Board of County Commissioners (BCC) on Tuesday August 6th however a vote on approving the funds will not take place at that time. The Tourism Development Council (TDC) has rescheduled their June meeting to Friday August 9th; that will be when a recommendation is made back to the BCC on approving the venues plan. The next regularly scheduled meeting of the BCC would be on Tuesday August 20th; that would be the date that the funding for Orlando City's stadium plan would be approved assuming a positive recommendation from the TDC.

This sequence of events is a bit disappointing for Orlando City officials and supporters who had hoped to have funding for the stadium fully secured before the club presents their plan to Major League Soccer (MLS) at the end of July. Team officials will be traveling to Kansas City to give an "expansion proposal" presentation to the MLS Board of Governors on July 30th or 31st as part of MLS All-Star Game festivities. League owners are not expected to vote on the proposal at that time, however that would begin the process of formal negotiations with the league on an expansion fee and start date if the proposal is well received. That also would likely be the earliest time we would have a chance to see any of the updated renderings for the proposed stadium based on the new phased construction plan. 

7 comments :

  1. HUGE. This can't be delayed anymore.

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  2. It seems a little strange that they would go BCC-TDC-BCC for the presentations and votes instead of just starting with the TDC and then getting a final vote by the BCC.

    I was told specifically that the BCC WILL NOT vote on the venue plan at their August 6th meeting, it is simply a chance to discuss the plan and for the various groups to present.

    I don't see the schedule sliding past these dates. It's August 20th or busy for Orlando City's stadium plan.

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    1. "or bust" I should say. Thanks autocorrect.

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  3. If we're at the mercy of the county now, what might we hear as far as either Rawlins or DaSilva or the rest of ownership covering any outstanding amounts (whether $20 million/$25 million/$30 million) if the worst happens and the county flippantly attempts to destroy what this club and all its supporters have worked so hard for?

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    1. Great question. My understanding is that the additional funding from the team coupled with the reduced overall cost due to the phased construction has gained the favor of Mayor Jacobs and most of those on the TDC and BCC. Ultimately it is up to politics just like the state funding was, but with the Miami Dolphins not involved I feel a little more confident that this will go through as planned.

      Assuming that is the case, the City of Orlando would still need to execute a purchase agreement for the remaining lots of land at the site. We have been told they have a first right of refusal agreement already in place, just holding off on executing it until the County approves their portion of the funding.

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    2. I confess, I somewhat wish the club or their present investors, or maybe one or two more, new investors could cover that amount from the county, and thereby separate the club from the county commission permanently. Maybe that's naive, but if so I wouldn't even know why (sorta obvious perhaps). In short, I still wish the sum total of the team's transaction with the county was the once-a-year payment of property tax and nothing else, ever. But I supposed that's silly: Salt Lake had public funding for their park; the Portland city council paid for at least some of the renovation to the former PGE Park which has become the Timber's Jeld-Wen fortress.

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  4. The entire future of the MLS to Orlando effort hinges on August 20th, it seems.

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