Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Branson OKs $113,500 budget amendment and hires Baker Tilly for sports‑facility due diligence
Summary
The Board of Aldermen authorized Baker Tilly to perform market, financing and impact studies for a proposed indoor sports facility and approved a $113,500 budget amendment to cover the work; the specialist firm HVS will perform the market analysis estimated to cost about $113,000 in total for the study package.
The Branson Board of Aldermen voted to authorize Baker Tilly US LLP to perform additional due diligence on a proposed indoor sports facility and approved a budget amendment to pay for the work.
City staff told the board Baker Tilly’s scope includes a market and demand analysis, financing projections and an economic impact analysis. Colby Kurzianowski of Baker Tilly said the total cost for the specialist work and related studies ‘‘to be about a $113,000’’ and described HVS as the technical firm that will do the market and impact modeling.
Finance staff asked the board to increase the general‑fund contractual‑services line by $113,500 to cover the consultants’ fees. Allison, the finance presenter, said the amendment was ‘‘to cover the funds that were just adopted in that contractual services line’’ and recorded the amount as $113,500. The board approved the budget amendment on a roll‑call final reading, recorded as a 6–0 vote.
City officials said the additional work is intended to produce a financing plan and answer detailed questions before any voter measure or capital commitment. The administration said it had extended the option to purchase the parcel under consideration to allow the extra due diligence and that the consulting work would produce market forecasts, economic impacts and financing options to inform a future public decision.
What’s next: Baker Tilly and its specialist partners will complete the market, financing and impact studies; staff said the city will share the results with the board and the public before pursuing any further legal or financing steps.
