Consider a resolution approving the budget and authorizing the expenditure of funds for capital repair work and capital improvements at the Convention Center Complex (Dell Diamond).
As stated in the Convention Center Complex Lease Agreement, the Lessee (Round Rock Baseball) must provide the City a proposed schedule and budget for Capital Repair Work and Capital Improvements to be completed at the Complex. The City, as owner of the Complex, must pay for the applicable repairs and improvements from Hotel Occupancy Taxes set aside in a Capital Repair Work Account.
Repairs include: reworking of dugout steps; back flow installation near stands & kitchens; re-lamp of field lights; refurbishing UHC bathrooms; replacement of HVAC units; replace wood trellis; concession roll-up door and door replacements; automated dock gate; concrete spalling, and Intel club seat bottoms replacements.
Improvements need to be made to the 3rd base concession area; addition of awnings over press box and Control room, and installation of netting near Home Run Porch and balconies. For FY14, an improvement to the infield and outfield turf is needed in the amount of $260,000.
Annually the City is contractually required to maintain accounts for capital repair ($250,000) and capital improvements ($100,000) related to the Convention Center Complex. For FY14, the City will provide an additional $130,000 for turf project and the lessee will contribute $130,000 towards the project.
Staff recommends approval.