**THIS IS A SCAM AT TAX PAYERS EXPENSE**

**There really needs to be some sort of revenue sharing in this model. The city is providing the land and in return getting an “estimated recurring annual City revenues: $237,302”. That’s  less than $0.13sf While the non profit revenue expected to exceed $10,900,000. If this project is in good faith the city should also financially benefit for providing the land instead of receiving less than 2.2% of the total revenu**e.

* A single ice rink is approx. 17,000 sf x3 = 51,000 sf then there is all the ancillary space and the parking this facility will need. We can easily estimate that this build out will require over 150,000sf as the icoplex complex without even including the power plant needed over 170,000sf for two rinks and a small gym with a lap pool.
* $237,302 / 12 months= $19,775 / 150,000sf = $0.13sf\* This could be even much lower if the build out surpasses 150,000sf. (If we look at the full icoplex build out the price per sf falls to under $.10sf. Additionally if this follows the “The Great Parks Ice” project this ballon’s to 280,000sf and the revenue per sf to Escondido falls to $.07 per sf per month) Commercial rental space is well over $1 per sf per month.

**It’s insane that the city will get paid less then $0.50sf (estimated at under $0.13sf) while a “non profit” controlled by the owner of sports team is expected to generate $10.9 million dollars in annual revenue.**

The entire point of setting this up as a nonprofit is to get the city to subsidize the project by providing land essentially for free to a sports team. The professional sports team value drastically increases as they get a state of the art sports facility and don’t even have to buy or rent the land for fair market value. Furthermore they get to offset any operating costs by charging the general public to skate at the facility. Thereby creating a revenue stream to upgrade and maintain the facilities for the San Diego Gulls without them having to pay for it. If the owner of sports team both owns the sport team and controls and manages the non profit this is nothing more then moving the money from one pocket to the other pocket while simultaneously profiteering off the general public under the disguise of “non profit” additionally they get to use this as a tax right off as this is a non profit. So any money the owner gives to themselves to build an ice rink for their team to practice on is a tax savings.

**This is a scam. Additionally we are loosing public access to a large portion of \*\*OUR PARK\*\* unless we pay money to this “non profit” to access our own park.**

 If they want all this land there should be a revenue sharing model with us. If they don’t want to revenue share 10% of the net revenue then they should rent the land from us at a fair market value which is way way way way higher then $0.13 per sf. 

**You should know the San Diego Sports arena / Pechanga Arena is in the process for redevelopment.** Meaning it will be closed for years while it’s torn down and rebuilt. The San Diego Gulls desperately need somewhere to use as an alternate sight during this redevelopment period. The Escondido project is an extremely thinly vailed for personnel profit project discussed as non profit.

If the San Diego gulls owner desperately needs a location for his sports team and wants to use Escondido public land the city of Escondido should benefit as partners in the revenue also.

**Why doesn’t this proposal include a revenue share model if the residents of Escondido are putting up the land? Why is the owner of the Gulls not offering any revenue sharing while his team gets to practice and use the arena? Why is Escondido tax payers giving up a large portion of their public park just to be turned around and have to pay to use the same space that’s subsidizing a sports teams owner? Clearly the owner of the Gulls needs somewhere for his team to desperately go temporarily. The owner of the Gulls needs Escondido more than the Escondido needs the Gulls temporarily. The project needs to benefit Escondido financially also not just a non profit controlled by the owner of the gulls**.

[https://www.sandiegogulls.com/news/detail/plans-for-a-three-sheet-public-skating-facility-in-escondido-at-kit-carson-park-announced](https://www.sandiegogulls.com/news/detail/plans-for-a-three-sheet-public-skating-facility-in-escondido-at-kit-carson-park-announced)

The Rinks Project being proposed to Escondido is a “non profit” tax payer scam for the benefit of a private sports team.