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Backup Documents 09/12/2023 Item #16F 9 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP 16 F 9 TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. **NEW** ROUTING SLIP Complete muting lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete with the exception of the Chairman's signature,draw a line through routing lines#1 through#2,complete the checklist,and forward to the County Attorney Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. 2. 3. County Attorney Office County Attorney Office 91)3/Z3 4. BCC Office Board of County Commissioners R/k05istc1/ 1 5. Minutes and Records Clerk of Court's Office PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above,may need to contact staff for additional or missing information. Name of Primary Staff Contact/Department May % ssol K-e‘( any 939 -aal-C1 uti Agenda Date Item was Agenda Item Number ff,,,, .� Approved by the BCC q 1 1 24 20 2-3 ( �+'. r•9 Type of Document rr Ai-n Number of Original Attached LJ UMW f,l'Y -" r t S t(, (-Cilillta Documents Attached I (0rn covuocinikri PO number or account N/A number if document is to be recorded INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A(Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature? M6 2. Does the document need to be sent to another agency for additional signatures? If yes, provide the Contact Information(Name;Agency;Address;Phone)on an attached sheet. 3. Original document has been signed/initialed for legal sufficiency. (All documents to be signed by the Chairman,with the exception of most letters,must be reviewed and signed 1%,4,t/3 by the Office of the County Attorney. 4. All handwritten strike-through and revisions have been initialed by the County Attorney's ,, QQ Office and all other parties except the BCC Chairman and the Clerk to the Board ^^) 5. The Chairman's signature line date has been entered as the date of BCC approval of the MQ document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's �Q signature and initials are required. `J 7. In most cases(some contracts are an exception),the original document and this routing slip should be provided to the County Attorney Office at the time the item is input into SIRE. Ma Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC ett4livrcildilielP19 and all changes made N/A is not during the meeting have been incorporated in the attached document. The County ('1 option for Attorney's Office has reviewed the changes,if applicable. Q)1212023 is line. 9. Initials of attorney verifying that the attached document is the version approved by the /A is not BCC,all changes directed by the BCC have been made,and the document is ready for the ck n option for Chairman's signature. ) this line. I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04,Revised 1.26.05,Revised 2.24.05;Revised 11/30/12 SIXTH AMENDMENT TO FACILITIES MANAGEMENT AGREEMENT THIS SIXTH AMENDMENT TO FACILTIES MANAGEMENT AGREEMENT (the "Amendment"), is entered into on this 12ti' day of September 2023, by and between Sports Facilities Management, LLC, a Florida limited liability company (the "Manager"), and Collier County, a political subdivision of the State of Florida(the"County")(collectively,the"Parties"). WITNESSETH WHEREAS, the County and Manager previously entered into a Facilities Management Agreement related to the management of the Paradise Coast Sports Complex (the "Facility") dated November 12, 2021 (the"Agreement"), which is incorporated by reference and made a part hereof to this Sixth Amendment; and WHEREAS, the County and the Manager entered into an administrative Amendment to the Agreement on November 29, 2021, to clarify the commencement date of the Agreement and correct a scrivener's error pertaining to the reimbursement rate for mileage-related expenses; and WHEREAS, the County and the Manager further amended the Agreement on February 8, 2022, to extend the time period that the Parties could bring a proposed amendment addressing the possible incorporation of Facility naming rights as an additional compensated service under the Agreement through and until May 24, 2022, so as to allow the Parties adequate time to conduct due diligence as to such an arrangement;and WHEREAS, the County and the Manager further amended the Agreement on May 24, 2022, extending the time period that the Parties could bring a proposed amendment addressing the possible incorporation of Facility naming rights as an additional compensated service under the Agreement through and until December 13, 2022, and providing clarification to the definition of Commercial Rights under the Agreement;and WHEREAS, the County and the Manager further amended the Agreement on June 28, 2022, to incorporate revised exhibits that: (1) increase the budget line item for the actual Cost of Goods Sold by $185,700 (due to the inflationary increased costs of goods and labor), and (2) present an updated Fiscal Year 2022 to 2023 budget for County approval as required by the Agreement; and WHEREAS, the County and the Manager further amended the Agreement on April 25, 2023, to incorporate revised exhibits that: (1) increase the budget line item for the actual Cost of Goods Sold (due to the inflationary increased costs of goods and labor), and (2) present an updated Fiscal Year 2022 to 2023 budget for County approval as required by the Agreement; and WHEREAS, the Parties both desire and agree that the Agreement should be further amended to revise the Fiscal Year 2022-2023 budget to: (1) reflect the increased Cost of Goods Sold by providing an additional $105,000 in funding,(2)reflect increased revenue earned (in the amount of$2,053,349) similar to the last two amendments to the Agreement, and (3)to make an adjustment of funds by decreasing the line item for Operating Expenses by $62,600 ($203,475 to $140,875) and adding that $62,600 to the line item for Management Payroll($657,290 to$719,880),to ensure sufficient cashflow. NOW, THEREFORE, in consideration of the covenants and agreements provided within the Agreement,as amended,and other valuable consideration,County and the Manager agree as follows: C40 i 6► F 9 , 1. The above recitals are incorporated into this Sixth Amendment as if fully set forth herein. 2. Exhibit D-3, Operating Budget for Fiscal Year 2022-2023, is attached hereto, and is agreed upon and adopted by the Parties and incorporated into the Agreement, and supersedes any prior proposed or estimated operating budget for Fiscal Year 2022 to 2023 as most recently reflected in Exhibit D-2 to the Agreement. 3. Exhibit E-3, Pro Forma, is attached hereto, and is agreed upon and adopted by the Parties and incorporated into the Agreement, and supersedes the existing Exhibit E-2, Pro Forma, and any prior proposed or estimated operating budget for Fiscal Year 2022-2023. Exhibit E-3 reflects the incorporated revisions shown in the attached Exhibit D-3 revised Fiscal Year Operating Budget for Fiscal Year 2022-2023. 4. Except as further provided herein, the Agreement, as previously amended, remains in full force and effect according to the terms and conditions contained therein. IN WITNESS WHEREOF, the County and the Manager have hereto executed this Sixth Amendment to the Facilities Management Agreement on the day and year first above written. AS TO THE COUNTY: ATTEST: Crystal K. Kinzel,Clerk of the Circuit BOARD OF COUNTY COMMISSIONERS, Court and Comptroller COLLIER COUNTY, FLORIDA 2.4e"...."---- — BY: ' BY: / ,Depgty',C/erk Rick LoCastro, Chairman Attest as to ChaitI11an's signature only. .. A I sro ed as t fo d I gality: j SA . Te Deputy County Attorney I 1 ler i 16F9 AS TO THE MANAGER: Sports Facilities Management, LLC a Florida limited lia ' ' ompany • Witne (signature By .son Clement, CEO Robert Stout (print name) Date: 08/29/2023 ness (signature) Eric Sullivan (print name) CA0 3 16F 9 Exhibit D-3 Operating Budget FY22-23 Estimated Revenue Revenue Year 1 FY22-23 Rental Baseball/Softball Tournaments $25,375 Rental Multi-Purpose Field Tournaments $209,200 Outdoor Baseball/Softball $0 Outdoor Soccer $110,250 Outdoor Football $49,656 Outdoor Lacrosse $39.375 Outdoor Field Rental $160,083 Concerts&Special Events $60,000 Parking $31.500 RV Parking $0 Adventure/Ziplinc $0 The Factory $35,000 Hotel Rebates $25,000 Food& Beverage $986,072 Photography $0 Merchandise $121,838 Sponsorships&Secondary Revenue $200,000 Total Revenue $2,053,349 Expenses Year 1 FY22-23 Rental Baseball/Softball Tournaments $472 Rental Multi-Purpose Field Tournaments $95,000 Outdoor Baseball/Softball $0 Outdoor Soccer $7.920 Outdoor Football $810 Outdoor Lacrosse $8,510 Outdoor Field Rental $0 Concerts&Special Events $0 Parking $0 Hotel Rebates RV Parking $0 CAO ITN 421-7898 tb� 9 � Adventure/Zipline $0 The Factory $0 Food&Beverage $395,000 Photography $0 Merchandise $57,824 Sponsorships&Secondary Revenue $25,000 Hourly Labor $352,000 Special Event Equipment Rentals $51.829 Total Cost of Goods Sold $994,365 Business Income $1,058,984 %of Revenue 52% Facility Expenses $54,594 Operating Expense $140.875 Management Payroll $719.880 Payroll Taxes/Benetits/Bonus $155,424 Total Operating Expenses $1,070,773 Net Operating Income ($11,789) Landscaping/Grounds&Maintenance/Utilities 300,621 EBITDA ($312,410) ITN#21-7898 Exhibit E-3 Pro Forma F 4p SPORTS FACILITIES 1 Total Revenue & Expenses COMPANIES Revenue Year 1-Revised Year 1-2nd Rev Year 1-3rd Rev FY22-23 FY22-23 FY22-23 Rental Baseball/Softball Tournaments $73,875 $25,375 $25.375 Rental Multi-Purpose Field Tournaments $102,400 $209,200 $209,200 Outdoor Baseball/Softball SO SO SO Outdoor Soccer $63,000 S110,250 S110,250 Outdoor Football $28,375 S49,656 $49,656 Outdoor Lacrosse $22,500 $39,375 $39,375 Outdoor Field Rental S91,476 $160,083 $160.083 Concerts&Special Events $27,500 S94,125 S60,000 Parking $215,625 S31,500 S31 500 RV Parking SO SO SO Adventure/Zipline SO SO S0 The Factory $42,000 $35,000 S35,000 Hotel Rebates $113,906 $25.000 S25,000 Food&Beverage S398,036 $796,072 S986,072 Photography SO SO SO Merchandise S61,050 $96,838 S121.838 Sponsorships&Secondary Revenue $150,000 $250,000 $200,000 Total Revenue $1,389,743 $1,922,474 $2,053,349 Expenses Year 1 Year 1-2nd Rev Year 1-2nd Rev FY22-23 FY22-23 FY22-23 Rental Baseball/Softball Tournaments S472 S472 $472 Rental Multi-Purpose Field Tournaments S7,028 $83,000 $95,000 Outdoor Baseball/Softball S0 S0 SO Outdoor Soccer S7,920 S7,920 $7,920 Outdoor Football S810 S810 $810 Outdoor Lacrosse S8,510 $8.510 $8,510 Outdoor Field Rental SO SO SO Concerts&Special Events SO $0 SO Parking $5,625 SO $0 Hotel Rebates $0 SO RV Parking SO SO SO Adventure/Zipline SO SO SO The Factory $7,000 S0 $0 Food&Beverage $117,050 $300,000 $395,000 Photography SO SO SO Merchandise S30,216 $45.324 S57,824 Sponsorships&Secondary Revenue $23,061 $35,000 S25.000 Hourly Labor S224,907 $352,000 $352,000 Special Event Equipment Rentals $56,329 $56,329 S51,829 Total Cost of Goods Sold $488,928 $889,365 $994,365 46% 48% Business Income(Revenue minus COGS) $900,815 $1,033,109 $1,058,984 %of Revenue 65% 54% 52% Facility Expenses $54,594 $54,594 $54,594 Operating Expense $203,475 $203,475 $140,875 Management Payroll $657,280 $657,280 $719,880 Payroll Taxes/Benefits/Bonus S155,424 S155.424 $155,424 Total Operating Expenses $1,070,773 $1,070,773 $1,070,773 Net Operating Income ($169,958) ($37,664) ($11,789) Landscaping,Grounds and Maintenance,Janitorial 300,621 300,621 300.621 EBITDA ($470,579) ($338,285) ($312,410) Deferred Management Incentive Fee $ - $ - $ -