communities_facilities_district_board_meeting_agen.pdf
Prescott Valley Events Center LLC Developed and Held Event Center Bonds
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Description
Prescott Valley Events Center LLC acted as developer, titleholder, and former operator of the Events Center, with $35,000,000 in historical bonds and $16,000,000 in new bonds under the bankruptcy plan.
Contract Details
Contract Amount
$35,000,000 taxable bond, $16,000,000 new tax-exempt bonds (see notes)
Vendor
PRESCOTT VALLEY EVENTS CENTER LLC
Agency
Town of Prescott Valley, AZ
Contract Type
FACILITIES
Document Date
January 9, 2025
Contract Term
2005 – ongoing (historical/ongoing property management, Center titleholder)
Renewal Date
2017-07-12
Renewal Info
Original agreement in 2005, amended post-2015 via bankruptcy; operations assignment and asset transfers completed under bankruptcy plan in 2017.
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