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Commission approves $35.1M in borrowing and $10.16M GMP for Jackie Robinson Ballpark phase 2
Summary
The City approved a $35.5M authorization and related TD Bank loan paperwork to finance second‑phase renovations at Jackie Robinson Ballpark, plus a $10.16M guaranteed maximum price for phase‑2 construction segment; votes were 5–2 on the major finance items.
Daytona Beach commissioners on Nov. 19 voted to advance the second phase of renovations at Jackie Robinson Ballpark by approving both debt authorization and construction-phase agreements.
On second reading commissioners approved an ordinance authorizing the issuance of capital improvement loans (Series 2025A and 2025B) not to exceed $35.5 million to finance capital improvements tied to the second phase of the stadium renovation. Deputy City Manager and Fire Chief Drew Driscoll summarized how…
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