PENSACOLA BAY CENTER IMPROVEMENTS & MANAGEMENT | 1 P: 504.587.3827 J. DOUGLAS THORNTON F: 504.587.3854 Executive Vice President
[email protected] Stadiums & Arena Division www.smgworld.com 1501 Dave Dixon Drive New Orleans, LA 70113 November 14, 2017 Paul R. Nobles Purchasing Manager, Office of Purchasing Matt Langley Bell III Building 213 Palafox Place 2nd Floor, Room 11.101 Pensacola, FL 32502 Re: SMG Response - Escambia County RFP #17-18.002 SMG is pleased to submit our response to the Escambia County Request for Proposals (RFP #17-18.002) relating to a Multi-Use Sports and Event Venue Public Private Partnership Solicitation. Our proposal is submitted as an alternative option to the unsolicited proposal recently submitted by the consortium led by Jay Patel for your consideration. SMG believes that limited investment in the Pensacola Bay Center provides a better, more affordable solution for the County, while preserving a significant community asset. Our proposed capital improvements not only take steps to modernize the facility, but they also address the specific capital requirements needed to accommodate an NBA G-League franchise – which we know is something that has been of great interest to the community. In an effort to provide the County with maximum flexibility, SMG has put forth two (2) separate proposal scenarios for your consideration. Neither of these options require any capital investment, debt issuance, guarantee of debt, or credit facility by the County: Scenario 1: $10 million capital improvement program funded through the use of ‘Triumph Funds’, with focus on facility infrastructure and enhancements, as well as improvements necessary to meet the NBA G-League requirements.