Budget Amendment ID: FY2019-S4-17-R1

Redraft OTH 17

Essex Sports Center Public Accountability

Mr. Tarr, Ms. Gobi, Messrs. Pacheco and Welch and Ms. Lovely moved that the proposed new text be amended by inserting, after section 56 the following section:-

"SECTION 56A.  Notwithstanding any general or special law to the contrary, the Essex Sports Center, LLC, as the lessee under section 22 of chapter 237 of the acts of 2014, shall make available and the inspector general shall examine all financial documents necessary to complete an audit and analysis of the operations of the facility with regard to factors which shall include, but not be limited to, Essex Sports Center’s : (i) financial stability; (ii) performance of its lease obligations; (iii) compliance with local tax payment obligations and required compensation to the school district; (iv) ability to continue to meet all of its obligations; and (v) any other relevant factors that may impact the school, the host community, those served by the facility, the commonwealth and other stakeholders. The inspector general shall complete its audit not later than December 31, 2018.”