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City Council

April 8, 2024 Final
Agenda PDF Official record ↗

Agenda — 4 items

  1. Authorizing the Issuance of Spartanburg Stadium Facilities Corporation Installment Purchase Revenue Bonds (City of Spartanburg Project), Taxable Series 2024, in the Aggregate Principal Amount of Not Exceeding $67,500,000, by Spartanburg Stadium Facilities Corporation to Provide Funding to Finance the Costs of Design, Acquisition, Construction and Equipping of a Multi-Use Municipal Stadium Intended for Use Principally as a Minor League Baseball Venue; Authorizing the Execution and Delivery of a Ground Lease Agreement By and Between the City and Johnson Development Associates, Inc. or an Affiliate or Subsidiary Thereof; Authorizing the Execution and Delivery of a Base Lease Agreement By and Between the City and the Corporation, and the Conveyance of Certain Property of the City to the Corporation Thereunder; Authorizing the Execution and Delivery of an Installment Purchase and Use Agreement By and Between the City and the Corporation; Consenting to the Form of a Trust Agreement to be Entered Into by the Corporation and the Trustee for the Bonds; and Making Provision for all Other Matters Relating to the Foregoing.Presenter: Chris Story, City Manager
  2. An Ordinance to Provide for and Authorize the Execution and Delivery of a Stadium Sublease Agreement Between the City of Spartanburg, South Carolina and DBH Kinston, LLC; and Other Matters Related Thereto.Presenter: Chris Story, City Manager
  3. An Ordinance to Provide For and Authorize the Execution and Delivery of an Intergovernmental Agreement with Spartanburg County, South Carolina Regarding the Sharing of Costs Associated with Construction, Equipping, Financing and Maintenance of a Minor League Baseball Stadium in the City, and Other Matters Related Thereto.Presenter: Chris Story, City Manager
  4. An Ordinance Consenting to the Removal of Certain Property Located in the City of Spartanburg from the Joint County Industrial/Business Park (City of Spartanburg Economic Development Partnership Park) Established By and Between Spartanburg County and Cherokee County, Consenting to the Addition of Such Properties to a New Joint County Industrial/Business Park to be Established By and Between Spartanburg County and Cherokee County; Consenting to the Execution and Delivery of an Amended And Restated Agreement for Development of Joint County Industrial/Business Park (City of Spartanburg Economic Development Partnership Park) Between Spartanburg County and Cherokee County; Authorizing the Execution and Delivery of an Amended and Restated Intergovernmental Agreement (City of Spartanburg Economic Development Partnership Park) Between the City of Spartanburg and Spartanburg County; and Other Matters Relating Thereto.Presenter: Chris Story, City Manager

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