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57. TERMINATION OF THE MARICOPA COUNTY SPORTS AUTHORITY Adopt a resolution to set a public hearing for Wednesday, May 6, 2009, for the purposes of terminating the Maricopa County Sports Authority (Authority) pursuant to A.R.S. §11-706 to be effective June 30, 2009. At the hearing, the Board will determine if the Authority is no longer in the public interest, convenience or necessity and shall declare its findings and order the termination of the Authority. In addition, approve the terms and conditions under which the termination of the Authority will be completed. A.R.S. §11-706 permits the Maricopa County Board of Supervisors (the Board) to terminate the Authority. The termination of the Authority will become effective June 30, 2009. After June 30, 2009, the Maricopa County Sports Commission (Commission), a 501(c)(3) non-profit, non-governmental, organization, d.b.a. the Phoenix Regional Sports Commission, will continue to bring national and international sporting events to the valley, assist in the promotion of existing events and teams, and support youth sports programs. Upon termination of the Authority, the County will assume all outstanding liabilities and obligations of the Authority, and will acquire all assets of the Authority in accordance with A.R.S. §11-706. After the County receives and reviews the Authority’s Fiscal Year 2009 audited financial statements and assets valuation, under a separate action, the County will donate any surplus furniture and equipment, that have little or no value, to the Commission pursuant to A.R.S. §11-251(9). If ordered, the Authority’s termination will be completed in accordance with the terms and conditions as set forth in the executed Termination Terms and Conditions Document. (C-20-09-045-7-00)

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7. TERMINATION OF THE MARICOPA COUNTY SPORTS AUTHORITY Conduct a public hearing for the purposes of deciding whether to terminate the Maricopa County Sports Authority (Authority) pursuant to A.R.S. §11-706. At the hearing, the Board will hear from all persons who wish to appear in favor of or against the termination of the Authority. If the Board determines that the Authority is no longer in the public interest, convenience or necessity, it shall declare its findings and order the termination of the Authority as of June 30, 2009. If termination of the Authority is ordered by the Board, said termination shall be subject to the agreed upon Termination Terms and Conditions. In addition, if the termination is ordered, approve the donation of any surplus furniture and equipment, that have little or no value, to the Maricopa County Sports Commission (Commission), pursuant to A.R.S. §11-251(9). (C-20-09-045-7-01)

Vote: approved

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33. OUTSTANDING LIABILIITES AND OBLIGATIONS REMAINING AFTER TERMINATION OF THE MARICOPA COUNTY SPORTS AUTHORITY In accordance with A.R.S. 11-706, authorize the Department of Finance to pay the outstanding liabilities and obligations of the Maricopa County Sports Authority (Authority) remaining after termination of the Authority on June 30, 2009, in a not-to-exceed amount of $40,000. Pursuant to A.R.S. §42-17106(b), approve the transfer of expenditure authority in the amount of not-to-exceed $40,000 from the FY 2009-2010 Non-Departmental (470) General Fund (100) Unreserved Contingency (4711) Non-Recurring/Non-Project (0001) to a new line item in Non-Departmental (470) General Fund (100) Other Programs (4712) Non-recurring/Non-Project (0001) entitled Maricopa County Sports Authority for the payment of the above-referenced liabilities and obligations. In addition, approve the transfer of surplus furniture and equipment, that have little or no value or that are unauctionable, to the Maricopa Sports Commission Foundation, a 501(c)(3) non-profit, non-governmental organization pursuant to A.R.S. §11-251(9). On April 1, 2009, the Maricopa County Board of Supervisors adopted a resolution setting a public hearing to terminate the Authority, pursuant to A.R.S. §11-706, and approving the terms and conditions of the termination (C-20-09-045-7-00). At the public hearing on May 6, 2009, the Maricopa County Board of Supervisors determined that the Authority was no longer in the public interest, convenience or necessity and ordered the termination of the Authority to be effective June 30, 2009 (C-20-09-045-7-01). Upon termination of the Authority on June 30, 2009, the County assumed all outstanding liabilities and obligations of the Authority, and acquired all assets of the Authority in accordance with A.R.S. §11-706. Upon receipt and acceptance of the Authority’s Fiscal Year 2009 audited financial statements and assets valuation by the Maricopa County Department of Finance, the Authority’s termination has been completed in accordance with the terms and conditions as set forth in the executed Termination Terms and Conditions Document approved on April 1, 2009 (C-20-09-045-7-00). (C-20-09-045-7-02)