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Ballparks of the Ozarks

Sponsor: Owners

Type Of QALICB: Non-Metro Operating Business

Owner: Ballparks of the Ozarks

City And State: Roach, Missouri

Contact Person: Brian Pratt

Phone: 3147262500

Contact Email: [email protected]

Allocation Amount Requested: $14,000,000

Brief Description Of QALICB:

Ballparks of the Ozarks will be a state of the art athletic complex made up of 20 fields for youth baseball and softball. The project will be located in Camden County, Missouri within the "Lake of the Ozarks": resort destination region, approximately equidistant between Kansas City and St. Louis, MO. Ballparks of the Ozarks will re-purpose a former campground to provide a national destination attraction for youth baseball and other sporting activities. Ballparks of the Ozarks should create direct and indirect job growth in a rural region, increased tax revenues for the tri-county region that surrounds Lake of the Ozarks, and expand year round economic activity need to support existing "lake" area businesses which struggle during off peak seasons. Ballparks of the Ozarks expects community impacts to be broad with opportunities for low-income, minority and disadvantaged youth to utilize high quality athletic facilities through affiliated organizations.

In addi tion Ballparks of the Ozarks can provide opportunities for rural area "at risk" youth to find part-time work and extra curricular activities (e.g. umpires, coaches, and concessions jobs). Ballparks of the Ozarks expects to create approximately 10-15 FTE positions and an additional 80 PT/seasonal employees.  Ballparks of the Ozarks will bring in an estimated $2,675,000 in net new regional spending per week via increased demand for lodging, food, and retail. Ballparks of the Ozarks will directly impact low income community residents with additional job creation and demand for area services (approximately 28.6% of the tri-county lake area residents gross household income is less than $25,000).The project offers a unique opportunity to provide direct and indirect impact to the Lake of the Ozarks region. Currently, Lake of the Ozarks is recognized as a lake destination resort area that is reliant on economic activity on weekends during Memorial Day through Labor Day. As such, the Lake has a large hospitality, retail and sevice infrastructure to support the peak season. However, the Lake region's resort and traditional businesses struggle to remain viable during the off peak season and even during the week through the peak season where most out of area trips by visitors occur on weekends. The lake region is seeking to diversity its economic base to support the local economy through off peak times. Peak Season unemployment ranges from 7.7-8.1% while off peak season unemployment ranges from 11-13.3%. Ballparks of the Ozarks provides a nearly year round destination attration to bring families to the Lake region. The attraction of year round visitors to the region should benefit the existing area business, retail and hotels providing indirect economic activity to help positively impact the community and region. Ballparks of the Ozarks is led by Bob Ramsey and Jeff Vernetti. Bob is an Emmy award winning sportscaster covering multiple sports in St. Louis for 33 ye  ars. Jef  f has been working in radio since the beginning of his professional career. He has also owned and operated three baseball based business, including two indoor baseball training facilities and a baseball training company specializing in camps and clinics. Bob and Jeff have partnered with Eric Hooper. Eric is the owner of Greater Midwest Baseball. Having managed and produced national youth baseball tournaments for over a decade, Eric has an extensive repertoire with national youth teams, and presently organizes and runs tournaments for over 3,000 teams nationwide on a consistent yearly basis. Eric Hooper and Greater Midwest Baseball will help market and source team for Ballparks of the Ozarks to reach its operation capacity within 3 years.

But For Statement:

NMTC's are essential to the project as it allows Ballparks of the Ozarks the ability to complete new onsite infrastructure that is needed for the site to be fully functional.  Infrastructure needs must be completed before operations can begin. Some of these needs include but are not limited to: the construction of and entry road to the site that would safely allow for a large volume of traffic coming and going to the site, construction of a modern sewer service to meet code requirements, on-site water treatment in order to supply a large volume of users in a rural area that does not have urban scale water amenities.  Additionally, the NMTC subsidy is needed to bridge the initial large capital outlay of facility costs while the facility operation ramp up to capacity in approximately three years. 

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