Issue link: https://newsleader.uberflip.com/i/190797
Sarasota News Leader October 11, 2013 Page 65 Part of the funds — approximately $250,000 — will represent advances of the county's and Orioles' 2014 payments to the Capital Repair and Improvements Fund (CAPX) for the stadium, Calhoon pointed out, with each providing about $125,000. The memo notes that those payments are routine, according to the Memorandum of Understanding (MOU) between the team and the county. to hold a public hearing to authorize the use of Tourist Development Tax (TDT) revenue dedicated to Ed Smith Stadium operations to cover the remainder of the expense. On Oct. 23, the memo continues, the County Commission will be asked to approve a contract with the "lowest responsive, responsible bidder." Spring training will begin on March 1, Calhoon said, so staff already is working to obtain quotes on the necessary equipment to enable the project to get under way no later than Feb. 1. The balance in the CAPX fund after the advance of the funds from the team and the county will be $700,000, the memo says. Because the total project cost exceeds that amount, the memo adds, the County Commission will need "Per the MOU," the memo says, the County Commission is responsible for the cost of items that "exceed the balance in the CAPX fund." On Oct. 4, Calhoon told the board, the county's Procurement Department advertised a solicitation for quotes on specifications for a transformer (with an estimated cost The Baltimore Orioles play the Boston Red Sox on Feb. 27 in Ed Smith Stadium. Photo by Norman Schimmel