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County OKs contract with Sports Facilities Company to manage Eagleton Ballpark; first-year shortfall expected
Summary
The budget committee recommended moving forward a five-year management contract with Sports Facilities Company to operate Eagleton Ballpark. The first year carries roughly $1 million in expected expenses, with county net support around $200,000, and commissioners pressed the vendor on programming, concessions, naming rights and local access.
The Blount County budget committee on Aug. 12 recommended sending to the full commission a five-year management contract with Sports Facilities Company, LLC, to operate Eagleton Ballpark.
County finance staff said the first-year operating budget for the ballpark is about $1 million and covers the management fee, staffing, food-and-beverage costs, and other operating expenses. The budget package includes offsetting revenue projections; the county’s expected net exposure in year one is roughly $200,000, finance staff said. The company’s feasibility work projects the venue would approach break-even in years three to four.
Commissioners and county staff questioned how the venue would be programmed and how community use would be…
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