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Dubuque Bruisers Football_Lease Agreement for Roosevelt ParkMasterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Lease Agreement between City of Dubuque and Dominick Locascio, Owner, Dubuque Bruisers Football DATE: February 10, 2010 Acting Leisure Services Manager Pat Prevenas recommends that a public hearing be set for March 1, 2010, to consider a lease agreement with Dubuque Bruisers Football for a section of Roosevelt Park. Significant terms of the lease agreement are: 1. The City will lease the property for a term of twenty -five (25) years. 2. Dominick Locascio, owner of the Dubuque Bruisers, will construct a football stadium on the property, including the field, seating, locker rooms / rest rooms, parking, and lighting (if needed). 3. Before construction starts, Locascio shall furnish proof he has sufficient funds to complete construction and furnishings. 4. The City will not incur any costs related in any way to the design, construction, or operation of the field. The estimated cost of this development would be in the $1 to $1.5 million range. I concur with the recommendation and respectfully request Mayor and City Council approval. Mic ael C. Van Milli n MCVM:jh Attachment cc: Barry Lindahl, City Attorney Cindy Steinhauser, Assistant City Manager Patrick J. Prevenas, Acting Leisure Services Manager Dubuque httil All-America city 2007 Masterpiece on the Mississippi TO: Michael C. Van Milligen, City Manager FROM: Patrick J. Prevenas, Acting Leisure Services Manager 1"�1� SUBJECT: Lease Agreement between City of Dubuque and Dominick Locascio, Owner, Dubuque Bruisers Football DATE: February 8, 2010 INTRODUCTION Dubuque All4mmica City 2007 The purpose of this memorandum is to request that the City Council set a public hearing on March 1st, 2010 to consider a lease agreement with Dubuque Bruisers Football for a section of Roosevelt Park. DISCUSSION Dominick Locascio is the owner of the Dubuque Bruisers Football team, a semi -pro team that began playing in 2009. Mr. Locascio approached the City a year ago looking for help locating a home field. He was not able to work out an agreement with any of the local schools or colleges to use their fields so he played in Cascade. The master plan for Roosevelt Park does include space for construction of a multipurpose field or football stadium. It was made very clear that all expenses associated with construction of the field would be his, the City would not contribute. Mr. Locascio would like to move forward with a lease for the property in Roosevelt Park to enable him to start fundraising. Significant terms of the lease agreement are as follows: 1. The City will lease the property for a term of twenty -five (25) years 2. Locascio will construct a football stadium on the property, including the field, seating, locker rooms / rest rooms, parking, and lighting (if needed). 3. Before construction starts, Locascio shall furnish proof he has sufficient funds to complete construction and furnishings. 4. The City will not incur any costs related in any way to the design, construction, or operation of the field. 5. All maintenance will be the responsibility of the lessee. ACTION STEP PJP:et attachment Lease with Dubuque Bruisers, page two Estimated cost of this development would be in the $1 to $1.5 million range. The action requested is that the City Council adopt the attached resolution setting a public hearing on March 1, 2010 to consider a lease with Dominick Locascio, Owner of the Dubuque Bruisers Football team for a section of Roosevelt Park. Preparer: Gil D. Spence Address: 2200 Bunker Hill Road Phone: 589 -4263 RESOLUTION NO. 52 -10 RESOLUTION OF INTENT TO DISPOSE OF AN INTEREST IN REAL PROPERTY BY LEASE AGREEMENT WITH DOMINICK LOCASCIO, OWNER, DUBUQUE BRUISERS FOOTBALL WHEREAS, the City of Dubuque, Iowa (City) is the owner of the Premises shown on Exhibit A of the Lease, all in Dubuque County, Iowa (the Property); AND WHEREAS, Dominick Locascio, Owner, Dubuque Bruisers Football (Team) desires to lease the Property to operate a semi -pro football team, upon the terms set forth in a Lease now on file in the Office of the City Clerk at City Hall, Dubuque, Iowa, which Lease provides among other things for a term of twenty -five years; AND WHEREAS, the City Council has tentatively determined that it would be in the best interests of the City to enter into the Lease with Team. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DUBUQUE, IOWA: Section 1. The City Council of the City of Dubuque intends to dispose of its interest in the Property as described in the Lease between City and Team. Section 2. The City Clerk is hereby authorized and directed to cause this Resolution and a notice to be published as prescribed by Iowa Code Section 364.7 of a public hearing on the City's intent to dispose of the Property, to be held on the 1st day of March, 2010, at 6:30 o'clock p.m. at the Historic Federal Building, 360 W. Sixth Street, Dubuque, Iowa. PK Passed, approved and adopted this 15thday of February , 20 0. y D. Buol, Mayor Attest: Jeanne F. Schneider City Clerk