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Master Agreement

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... of temporary reconfiguration for college football games and other types of ... The Dallas Cowboys Complex Football Club will pay the City of Arlington a 'base ... – PowerPoint PPT presentation

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Title: Master Agreement


1
Master Agreement
2
  • The estimated cost to build the Dallas Cowboys
    Complex is approximately 650 million.
  • The City will pay half of the cost or 325
    million, whichever is less.
  • The project costs include construction, land
    acquisition, infrastructure and related
    development expenditures.

3
  • The voters will be asked to vote for or against
    the City of Arlington imposing
  • A one-half of one percent sales tax increase
  • A two percent hotel occupancy tax increase
  • A five percent car rental tax increase
  • A 10 percent ticket tax and a 3 parking tax

4
  • The City of Arlington would own the Cowboys
    Complex and the Cowboys would lease it, maintain
    it, and operate it.
  • The project area is west of Johnson Creek near
    Ameriquest Field, which is home to the Texas
    Rangers Major League Baseball Team.

5
  • The Stadium would have a retractable roof, a
    permanent seating capacity of 75,000, and
    function primarily as the home field of the
    Dallas Cowboys.
  • The facility would be capable of temporary
    reconfiguration for college football games and
    other types of indoor and outdoor sports and
    entertainment events.

6
  • The Dallas Cowboys Complex would be the home
    field for the Dallas Cowboys from the 2009
    football season through December 31, 2038.
  • This date may be extended for any applicable
    playoff football games in addition to two 10-year
    renewal options.

7
  • The Dallas Cowboys Complex Football Club will pay
    the City of Arlington a base rent of 2 million
    a year beginning in 2009 and continuing annually
    throughout the term of the Club lease, in
    addition to five percent of certain naming rights
    proceeds up to 500,000 a year.

8
  • The Dallas Cowboys Football Club directly or
    through other entities affiliated with the Club
    will contribute the sum of 16.5 million to the
    City to benefit the youth of the City for sports,
    recreational and educational purposes. Payments
    of 500,000 shall be made annually beginning on
    October 1, 2006 and on each anniversary date
    through the initial term of the Club Lease.

9
Cowboys Complex Development Area
10
On the Ballot
  • Authorizing the City of Arlington Texas to
    provide for the planning, acquisition,
    establishment, development, construction and
    financing of the Dallas Cowboys Complex
    Development Project within the city and to impose
    a sales and use tax within the city at a rate of
    one-half of a percent (0.5), to impose a tax at
    a rate of five percent (5) on the gross rental
    receipts from the short-term rental in the city
    of motor vehicle, to impose a tax on the
    occupancy of a room in a hotel located within the
    city, at a maximum rate of two percent (2) of
    the price paid for such room, to impose an
    admissions tax on each ticket sold as admission
    to an event
  • Cont.

11
On the Ballot, cont.
  • held at the Dallas Cowboy Complex Development
    Project, at a maximum rate not to exceed ten
    percent (10) of the price of the ticket, and to
    impose a tax on each parked motor vehicle in a
    parking facility of the Dallas Cowboy Complex
    Development Project at a maximum rate not to
    exceed three dollars (3.00) per vehicle.

12
The Election
  • In order to vote in the November Election,
    Arlington residents must be registered to vote.
    Arlington residents can register to vote in
    person at the City Secretarys Office, First
    Floor of the Arlington Municipal Building at 101
    W. Abram St. The last day to register is Monday,
    October 4.

13
Early Voting
  • Early Voting begins Monday, October 18.
  • The last day to vote early is 7 p.m., October 29.
  • To vote early by mail, ballot applications and
    ballots must be sent to
  • Early Voting Clerk,
  • Elections Administration
  • 100 Weatherford St., Room B90
  • P.O. Box 961011
  • Fort Worth, TX 76161-0011

14
Early Voting
  • Applications for mail ballots must be received
    by the Early Voting Clerk by October 26, 2004.
    Mail ballots must be received by November 2,
    2004.
  • For more information call the Tarrant County
    Voter Registration Office at 817-884-1115.

15
  • Early Voting Locations and Election day Polling
    Places in the City of Arlington are listed at
  • www.ci.arlington.tx.us/citysecretary
  • For more information about voting call the City
    Secretarys Office at
  • 817-459-6186

16
Online Documents
  • The Master Agreement, a 28-page document, is
    available on the City of Arlington website at
    www.ci.arlington.tx.us
  • Economics and Fiscal Impact Study about the
    Dallas Cowboys Development project prepared by
    Economics Research Associates available at
  • www.ci.arlington.tx.us
  • For more information
  • about these documents,
  • call the City of Arlington
  • Office of Communication
  • at 817-459-6402
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