Sarasota News Leader

11/29/2013

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Sarasota News Leader November 29, 2013 Page 24 "We haven't really seen [the plan]," she told Part of the holdup in completing the business plan, county officials told the News Leader him again. early this month, was the effort to block a "Yes," he replied, adding that SANCA has "clawback" provision that came with the latlearned how to manage events at the park. est state funds, meaning SANCA would have to return that $5 million if it did not meet cerMORE DETAILS tain economic development benchmarks. No In January, Blackketter told the TDC that clawback language was included with the SANCA needed only about $5 million to build 2012 state bequest. "[T]he thought process is the structures it absolutely has to have to host that since this is ongoing funding, we would the World Rowing Championships. At that prefer that that clause not be in future agreetime, SANCA had received $5 million from the ments," county Parks and Recreation Director Florida Legislature, and Sarasota County had Carolyn Brown said. invested about $20 million in the venue. This Among the facilities Blackketter listed in year, the Legislature gave SANCA another January as "musts," and their estimated $5 million. expenses, were the following: Crew teams and family members gather by stacks of rowing vessels for the Head Regatta on Nov. 16. Photo by Norman Schimmel

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