The Yankton Youth Soccer Association (YYSA) may be on the cusp of receiving another bailout as it works to complete construction of the First Dakota soccer complex.
During the Business Improvement District (BID) No. 1 Board of Directors meeting on Friday, the board voted to recommend a financial package to help YYSA with infrastructure at the football park on the site of the former Human Services Center. The recommended package included $75,000 upfront from the board fund and $50,000 over the next 10 years.
This package is awaiting approval from the Yankton City Commission.
Wes Chambers and Sondra Jensen of YYSA attended Friday’s meeting to give the board an overview of the club’s history on the court and offer assistance.
“We see this as an investment in infrastructure,” he said. “If you have been in our complex, there is mostly a lot of greenery. Today we don’t even have running water. No bathrooms – everything is port-a-potty, and this is not the best remedy.
However, he says that hasn’t stopped YYSA from building a solid program.
“We have one of the best programs in South Dakota,” he said. “We have 800 children in the program. We hold regional tournaments – three tournaments a year. We’re making a huge economic impact.”
Jensen described this influence as very significant for the Yankton community.
“To date, our economic impact on our community is $28 million,” she said. “We’re just ridiculously proud of it.”
Chambers said YYSA is seeking a $250,000 investment from the BID fund.
“Today we have great tournaments,” he said. “We can have even better tournaments with more coverage. We will have better conditions, we will have bathrooms for people and a food stall that we don’t even have today.”
Dan Specht was ambivalent about the amount originally requested.
“I think $250,000 is tough because it’s more than how much money we have and we only bring in an extra $12,000-$13,000 a year. It doesn’t fill up very well.”
Documents circulated at Friday’s meeting indicated that $176,555.95 could be allocated.
Rob Stephenson said it was possible.
“We look at the numbers and we can make $100,000, $125,000 or $150,000 from our (fund) and make $8,000-$10,000 a year for 10-12 years and meet their $250,000 request,” said he. “I just don’t know how prepared we are to be prepared if (anyone else) has a major need.”
Bruce Kall made a motion to recommend that $125,000 of YYSA board funds be allocated upfront and the remainder decided later. However, the movement died due to the lack of a second.
Steve Sloey said he would like to see a lower amount.
“I think we should get below $100,000,” he said. “We should always have $100,000 in our account here.”
Stevenson proposed a proposal to recommend a $75,000 gift with an additional $50,000 over a 10-year period thereafter. The proposal passed unanimously.
The recommendation will be forwarded to the City Commission in the coming weeks.
With regard to other matters, the BID Board:
• Approved a $7,200 request from the National Field Archery Association.
• Heard an update from the Yankton Thrive on tourism efforts.
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