Discussion:
On October 21, 2014 the city approved a term sheet with the STA allowing the Association to utilize approximately six acres of Shutrop Park to construct an indoor tennis facility. The term sheet was executed on March 12, 2015 and was only intended to set forth the general parameters of what was expected of the STA before they began fundraising. There was a clear understanding of both parties that the STA would have 18-24 months to fundraise for the project.
It has been 24 months, an update on the Shakopee Tennis and Education Center will be presented to the City Council by Tom Arnfelt, President of STA and John Vande Castle, Architect
with the Cuningham Group. The presentation will:
- Cover what has been done since the original agreement was
signed.
- Completed the market assessment with Convergent Consulting Group.
- Strengthened the Board of Directors
- Hired an outside consulting firm (Hansen and Henley) which is a local firm to
assist in developing the brochure.
2. Describe the main objective; to secure a Lead Donor for the project
3. Provide a quick summary of the facility.
4. Request the City Council to grant STA a one year
extension on the use of Shutrop Park.