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WHY THESE PROPOSALS WORK FOR CABARRUS COUNTY: <br /> <br />For many years there has been a Civic Center Foundation in Cabarrus County that has sought <br />the building of a publicly owned Civic Center for Cabarrus County. Recently the City of <br />Concord indicated their interest in building such a facility and research was soon underway. <br />KPMG Peat Marwick LLP Convention, Sports and Entertainment Consulting was <br />commissioned to prepare a study as to the community needs for such a public facility. The <br />study came back with the. following results. <br /> <br />To create a public/private parmership to offer a larger facility than any <br />single developer would build exclusively as a private sector initiative. <br /> <br />· To offer a high-quality hotel and meeting space facility. <br /> <br />KPMG site analysis indicates that Speedway Boulevard is the best possible <br />site for a convention facility. <br /> <br />· Recommended dedicated meeting space as follows: <br /> <br />Exhibit Hall (SF) 28, 000 32 00~.' <br /> <br />Meeting Space (SF) 12,000 <br /> <br />Gross Building Area (SF) 86,000 ~ 02,000 <br />Table. Dedicated meeting space needs for Cabarrus County. <br /> <br />4 <br /> <br /> <br />