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El Paso Baseball Fact Sheet

El Paso Baseball Fact Sheet

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Published by jimhtolbert434

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Published by: jimhtolbert434 on Sep 15, 2012
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09/15/2012

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R
EPRESENTATIVE
S
TEVE
O
RTEGA
 
D
ISTRICT
7
 
E
ASTRIDGE
 /M
ID
V
ALLEY
 
2
 
C
IVIC
C
ENTER
P
LAZA
 – 
 
E
L
P
ASO
,
 
T
EXAS
79901-1196
 
(915)
 
541-4108
 
EL PASO TRIPLE A BASEBALL FACT SHEET
 
Why can’t the decision about Triple A Baseball be taken to the
voters?
As a general rule, the City of El Paso puts quality of life investments up for apublic vote. The 2012 Quality of Life Bond Election is an example.Professional sports team relocations involve extremely competitive and timesensitive transactions. In this case - and in a competitive market -Triple Aofficials would not wait until a November election for a decision.
1
To call foran election in November on the ballpark issue would preclude Triple ABaseball from coming to El Paso.
 
The decision seemed rushed
 – 
why?
 The potential of having Triple A Baseball in El Paso has been discussed forseveral years.
2
Sports franchise attraction and negotiations often involve shortwindows for action. The Texas Open Meetings Act requires that notice of these types of decisions be posted for at least 72 hours before the scheduledmeeting.
3
In this case, notice of the issue was given at approximately 12:30p.m. on the Thursday before t
he Tuesday, June 26 meeting. The city’s action
resulted in well over 100 hours notice
 – 
far exceeding state requirements.
 
I don’t like baseball, why should I support the
ballpark
? What’s the
total economic impact?
The main justification for the support of the ballpark is direct and indirecteconomic development related to Triple A Baseball in El Paso. Cities that aregoing to compete in the 21
st
Century economy must offer quality of lifeamenities that are attractive to businesses, entrepreneurs, and the humancapital that they employ.
4
Over a 25 year period, it is estimated that the directeconomic impact of the project will be about $450 million.
5
The indirecteconomic impact (restaurants, retail, residential, etc.) is estimated to be over
1
2
3
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5
 
 
R
EPRESENTATIVE
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TEVE
O
RTEGA
 
D
ISTRICT
7
 
E
ASTRIDGE
 /M
ID
V
ALLEY
 
2
 
C
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C
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79901-1196
 
(915)
 
541-4108
 
 
$1.2 billion over the same period.
6
Thus, the total economic impact of TripleA in El Paso is estimated to be over $1.6 billion over 25 years.
 
Why downtown?
Over the last seven years, El Paso’s downtown has undergone a renaissance.
In that time, the local public and private sectors have invested over $250million in downtown. Local political and business leaders realize thatdowntowns matter because they reflect on the health and vibrancy of acommunity.
7
A downtown ballpark complements public and privateinvestment in the San Jacinto Park area, the museum/arts district, and UnionPlaza. Further,
Plan
 
 El Paso
advises that exemplary projects should be
directed to the downtown where they “will have economic and social benefitsshared by the entire city.”
8
 
 
How much will it cost to construct the ballpark? How will it befinanced?
A total of up to $50 million will be allocated for demolition, site preparation,and construction of the ballpark.
9
There are two scenarios for financing: 1)
Voters approve an increase to the “hotel/motel tax” of 2% that will generate
approximately $35 million
 – 
the $15 million balance would be paid byballpark related revenue generators (i.e., ticket surcharges, parking revenues,concessions, rental fees, etc.) or 2) if voters do not approve an increase of hotel/motel tax, then the ballpark would be funded by general revenues (i.e.,sales taxes, bridge revenues, meter revenues, etc.,) to exclude property taxes.
 
Why the city hall site?
Use of the city hall site eliminates the need for private property acquisitionand allows the project to proceed in a t
imely manner in the community’s
downtown core.
10
Additionally, the city hall site is strategically situated givendowntown land uses, is accessible from I-10 and the Southern Relief Route,
and is within close proximity to downtown’s international b
ridges.
 
Is there enough parking?
Over 4,300 structured and surface parking spaces currently exist within a fiveminute walking distance of the proposed site.
11
Additionally, the proposed
6
The indirect economic impact estimation uses an accepted standard value added multiplierof over 3.0. Source: City of El Paso Planning and Economic Development Director MattMcElroy
7
8
 
Plan El Paso
, Volume 1, March 6, 2012, pg. i.4
9
10
11
 
Page 2
 
 
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2
 
C
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E
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,
 
T
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79901-1196
 
(915)
 
541-4108
 
 
site is located near current and/or planned Sun Metro stops, Rapid TransitSystem stops, and trolley stops.
 
How much will a new city hall cost? Does it make economic sense tobuild a new city hall when we already have one?
Depending on the strategy deployed, costs for a new city hall may rangeanywhere from $22 million to $38 million.
12
The cost would likely be paidwith debt over a 25 year period. This would result in a rate of $5 - $10 a yearfor 25 years on a $100,000 home. The city hall currently in use needsbetween $12 million (basic retrofit) and $30 million (full retrofit) inmaintenance and upkeep.
13
Moreover,
Plan El Paso
states that the current cityhall is in need of reconfiguration to meet urban planning principles and shouldultimately be replaced.
14
 
 
Why not use ASARCO property?
The ASARCO property is not owned nor directed by the City of El Paso. It isunder the exclusive jurisdiction of a trustee, Project Navigator, appointed bythe federal bankruptcy court. Additionally, ASARCO is currently not in anenvironmental condition for this type of development as environmental clean-up of the site will not be completed until 2015.
15
After the site is cleaned,proposed uses must be given clearance by the TCEQ and EPA.
16
Moreover,the trustee has stated he would like to sell the entire site (as opposed to apiecemeal sale.) Given the hurdles with the site, the best case scenario forredevelopment is 2017 which is not compatible with the proposed 2014opening date.
17
 
 
Why not use Cohen Stadium?
Cohen Stadium is over two decades old and is not acceptable for Triple ABaseball according to Triple A officials. It was not designed for Triple ABaseball and does not have the needed improvements and upgrades necessaryto meet Triple A standards.
18
Further, the Ysleta del Sur Pueblo maintains alease on Cohen Stadium until April 2016.
19
 
12
 
7/11/12 conversation with City of El Paso’s Chief Financial Officer Carmen Arrieta
Candelaria
13
July 9, 2012 Press Statement from City Council
14
 
Plan El Paso
, Volume 1, March 6, 2012, pgs. 3.5
 – 
3.8
15
16
 
 Ibid 
.
17
July 11, 2012 conversation with Project Navigator Trustee Roberto Puga.
18
July 9, 2012 Press Statement from City Council
19
 
Page 3

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