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Edmond officials sign agreements for conference center, sports complex

Edmond City Council members approved seven agreements that will bring a hotel and conference center and sports complex to Edmond. The city's investment is $11 million.
by Diana Baldwin Modified: October 23, 2012 at 9:31 pm •  Published: October 24, 2012

— City council members said they were excited as they unanimously approved seven deals expected to kick-start the development of 300 acres at Covell Road and Interstate 35.

The city agreed to spend $11 million on a hotel and conference center and sports center as a way to increase economic development and sales tax revenues.

City leaders started discussing the need for a conference center at least 20 years ago.

Negotiations with the developers, Covell-35 Development LLC, Covell Partners in Development LLC and Summit Sports Complex, have taken more than a year.

The city bought 7.1 acres of land on the northwest corner of I-35 and Covell Road for a site for the conference center and will spend an additional $2 million on the infrastructure.

Taxpayers will spend $4.8 million on the conference center.

The developer will pay any additional expenses to build the center with 20,000 square feet of meeting space and a ballroom that is about 10,000 square feet with banquet seating for 800 people.

The city will own the conference center and land.

The hotel is expected to be a Hilton Garden Inn with about 160 rooms. The city will not own any part of the hotel, only the land it sits on.

The developer will operate the hotel and conference center and will be required to collect the hotel-motel tax. The city will refund up to $173,720 of that tax in the first year and a maximum of $256,350 in years 10 to 15 for a monthly management fee for the operation of the conference center.

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by Diana Baldwin
Sr. Reporter
Diana Baldwin has been an Oklahoma journalist since 1976 and came to The Oklahoman in 1991. She covered the Oklahoma City bombing and covered the downfall of Oklahoma City police forensic chemist Joyce Gilchrist misidentifying evidence. She wrote...
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