Thursday, October 22, 2015

From Jerry Kutz



From Jerry Kutz :
"Construction update
So far on schedule and on budget. Knock on wood. Elevator towers rise a couple of feet every day and believe this or not the sub-structure of the 4th floor has been put in place and they will pour concrete by next week . (see FSUClubSeats.com for construction photo updates).
That fourth floor will be 82 feet wide and around 600 feet long when complete, some 40,000 feet. The demo of the stands in that area will begin the day after the season ends which is only 1 month away. The infilll for kitchens and storage will begin in the meantime.
We're having more-frequent meetings now on the finishing touches rather than the structural... its coming into clearer focus every day and is going to be exceptional among all clubs.
Improvements to rest of stadium
We spent about $3 to $4 million of the Champions Club bond issue on structural repairs to Doak this summer, fixing foundations and support beams and welding patches in the deck where it had rusted through. In November we'll begin the process of lifting all the bleachers and sandblasting the deck top and bottom and applying three coats of a polymer to preserve it for 10 years, then putting the bleachers back in time for the season. This phase of the project will be $9 to $10 million dollars. All of this money (about $12-$15 million) will be funded by the bond issue and paid by the revenue generated by champions club seat sales so that's a benefit to those who don't buy club seats and what makes it a charitable donation for those who are buying the club seats.
Champions Club will make the stadium feel more intimate and louder too.
The Champions Club brings the upper 2/3 of the south endzone 24 feet closer to the field and constructs a large roof more than 25 feet above the terraces that is sure to hold sound better and make the bowl feel more closed in.
Scoreboards and audio
An additional project, outside of the Champions Club generated projects, is a plan to replace the ancient scoreboards on the North and South ends of the stadium and replace them with larger HD boards. We hired a national stadium consultant to look at the boards as well as an enhanced audio system and ribbon boards to create an even better gameday experience. We have good, better and best pricing on all of that and have to find a way to fund it. This could be funded by changes to the ticket priority policy which we will propose to the Athletic Board (faculty, staff, students, citizens) in November. Its been 10 years since we adjusted ticket priority policies and donor levels (we skipped the 5 year adjustment in 2011 because of the economy) and in that time scholarship costs have risen by $4 million a year. We would propose changes that would be earmarked for athletic needs (scholarship increase and athletic costs) with some of the revenue generated being used to enhance the fan experience too. Those funds would provide us the money needed to fund the boards and audio system over 10 or so years. So the season ticket holders and Boosters being affected by any increase in the policy would enjoy the boards and audio enhancements in 2016 in return. They'll also notice a freshly painted deck but that, again, will be funded by the Champions Club."

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