Agenda 04/13/2021 Item #16F6 (Paradise Coast Sports Complex Budget Amendments)04/13/2021
EXECUTIVE SUMMARY
Recommendation to authorize necessary Budget Amendments for the closing on the previously
approved purchase of 1.75 acres for additional parking at the Paradise Coast Sports Complex.
OBJECTIVE: To finalize the budget for closing on the purchase of 1.75 acres to provide additional
parking at the Paradise Coast Sports Complex.
CONSIDERATIONS: On December 12, 2017, Agenda Item 11F, the Board approved an Agreement for
Sale and Purchase (Agreement) that authorized the acquisition of a parcel of land identified as Parcel A
comprising 61 +/- acres and the lease/option parcel of land identified as Parcel B comprising of 5.69 +/-
acres. Parcel A was closed on May 4, 2018 and 4.83 acres of Parcel B closed on March 5, 2019.
Section 15.01 of the Agreement provided that Seller and Purchaser agreed that the base footprint of the
Sports Complex could vary by plus or minus 2.5 acres. For a period of one (1) year after closing,
Purchaser may, based on its final design plans, request an adjustment no greater than 2.5 acres.
On March 26, 2019, Agenda Item 16.F.2, the Board approved an Amendment to Agreement, which
amended Section 15.01 of the Agreement, by providing that the Purchaser may acquire a 2.5-acre parcel
for $200,000 per acre to incorporate the property into the Collier County Sports Complex and Event
Center. Closing was to occur on October 11, 2019, unless Seller extended closing to January 10, 2020, by
written notice to the Purchaser on or before September 20, 2019.
On September 10, 2019, Agenda Item 16.F.8, the Board approved a Second Amendment to Agreement
which provides for the County’s acquisition of 0.345 acres (the east 23.70 feet of Lot 9 according to the
Replat of Phase Three) (“0.345 Acre Property”) and a 2.10-acre property (the east 130.1 feet of Lot 23
according to the Replat of Phase Three) (“2.10 Acre Property”).
On December 10, 2019, Agenda Item 16.F.6, the Board approved a Third Amendment to Agreement
which provides for the closing of the purchase and sale of the 0.345 Acre Property and, at Seller’s option,
the purchase and sale of either the 2.10 Acre Property (hereinafter “2.10 Acre South Property") or the east
1.75 acres of Lot 9 according to the Replat of Phase Three (“1.75 Acre North Property”).
On May 26, 2020, Agenda Item 16.F.2, the Board approved a Fourth Amendment to Agreement which
provides for the closing of the purchase and sale of the 1.75 Acre North Parcel.
On December 8, 2020, Agenda Item 16.C.12, the Board approved a Fifth Amendment to Agreement with
GC II, LLC, to extend the closing date from December 1, 2020 to May 17, 2021, for the purchase of 1.75
acres previously approved to provide additional parking at Collier County Sports Complex and Event
Center at a cost not to exceed $415,800.
Relative to funding of land acquisition for the Sports Complex, recognizing that the Paradise Coast Sports
Complex is available for use by Collier County residents, the Boards’ policy has been to fund the
acquisition of land from the General Fund with construction principally funded by Tourist Development
Taxes. Consistent with that approach the subject 1.75-acre acquisition will be funded by the General
Fund.
GROWTH MANAGEMENT IMPACT: This project meets current Growth Management Plan
standards to ensure the adequacy and availability of viable public facilities.
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FISCAL IMPACT: The total cost of acquisition will not exceed $415,800 ($350,000 for the land
purchase, $1,300 for title commitment, title policy, recording fees and associated closing costs, $7,000
one-time landscaping fee to bring all areas of proposed turnover to the City Gate CDD up to approved
conditions, $7,500 for the future irrigation pump station replacement, and approximately $50,000 for Lot
Split or Re-Plat reimbursement). Funding for this purchase will be provided by a budget amendment
transferring funds from Cost Center (103010-001) to Sports Complex Capital Fund (370).
LEGAL CONSIDERATIONS: This item has been approved as to form and legality and requires a
majority vote for Board action. -JAB
RECOMMENDATION: That the Board of County Commissioners authorize necessary budget
amendments to for the closing on the previously approved purchase of 1.75 Acres for the Paradise Coast
Sports Complex.
Prepared By: Edward Finn, Senior Management & Budget Analyst
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COLLIER COUNTY
Board of County Commissioners
Item Number: 16.F.6
Doc ID: 15489
Item Summary: Recommendation to authorize necessary Budget Amendments for the closing on
the previously approved purchase of 1.75 acres for additional parking at the Paradise Coast Sports
Complex.
Meeting Date: 04/13/2021
Prepared by:
Title: – Office of Management and Budget
Name: Debra Windsor
04/05/2021 2:58 PM
Submitted by:
Title: Division Director - Corp Fin & Mgmt Svc – Budget and Management Office
Name: Mark Isackson
04/05/2021 2:58 PM
Approved By:
Review:
Office of Management and Budget Debra Windsor Level 3 OMB Gatekeeper Review Completed 04/05/2021 2:58 PM
County Attorney's Office Jeffrey A. Klatzkow Level 3 County Attorney's Office Review Completed 04/05/2021 3:37 PM
Budget and Management Office Ed Finn Additional Reviewer Completed 04/06/2021 7:10 PM
Corporate Business Operations Sean Callahan Additional Reviewer Completed 04/07/2021 12:29 PM
Budget and Management Office Mark Isackson Additional Reviewer Completed 04/07/2021 1:47 PM
County Manager's Office Leo E. Ochs Level 4 County Manager Review Completed 04/07/2021 2:10 PM
Board of County Commissioners MaryJo Brock Meeting Pending 04/13/2021 9:00 AM
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