Agenda Item Wording:
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Amendment and extension to the operations and management agreement for Plaza Park Raceway - Authorize the City Manager to execute an amendment and extension to the Operations and Management Agreement with One Four Promotions for Plaza Park Raceway.
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Agenda Date: 3/16/2026
Prepared by:
John Lollis, Assistant City Manager, John.Lollis@visalia.gov, (559)713-4323
Department Recommendation:
Staff recommends the City Council authorize the City Manager to execute an amendment and extension to the operations and management agreement of Plaza Park Raceway with One Four Promotions, LLC for three (3) years.
Summary:
Authorize the City Manager to execute an amendment and extension to the operations and management agreement of Plaza Park Raceway with One Four Promotions, LLC for three (3) years, effective March 1, 2026 to February 28, 2029. The contract is still in draft form and maybe subject to changes as Staff and legal counsel works with the promotor on a final scope.
Background Discussion:
For more than twenty (20) years, the City had been leasing the Plaza Park Raceway to an outside vendor to utilize the arena for the purpose of providing vehicular races on the dates and times set annually and at the sole discretion of the City. In 2023, the City issued a Request for Proposals (RFP) for use of the Plaza Park venue for any purpose (not specifically racing), which three (3) entities expressed interest, however, only One Four Promotions, LLC (OFP) submitted a proposal.
At its meeting on March 18, 2024, the City Council approved a one-year operations and management agreement between the City and OFP effective March 1, 2024, for Plaza Park Raceway effective March 1, 2024 through February 28, 2025, and was subsequently extended an additional year through February 28, 2026. Pursuant to the Agreement, OFP operates, manages, and maintains the Raceway to provide racing events, with provisions for reimbursement by the City to OFP for com...
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