EXHIBIT_B_INITIAL_MONTHLY_RENT_PROPOSAL.pdf

This is an Initial Monthly Rent Proposal form for Volusia County, Florida's Request for Proposal 26-P-45PW, which seeks a qualified private developer and operator to design, permit, construct, and operate a regional motocross park on approximately 77 acres of County-owned property located on State Road 44, approximately ten miles east of DeLand, Florida. Respondents must propose their initial monthly rent for the 77-acre parcel, with the County establishing a minimum rent of $4,000.00 per month for the initial month. The mandatory pre-proposal conference is scheduled for February 27, 2026, at 9:30 AM at the UF/IFAS Extension Volusia County facility with a site visit to follow; questions must be submitted by March 10, 2026, at 11:59 PM; and proposals are due March 31, 2026, by 3:00 PM through the County's eProcurement Portal. The selected Concessionaire will enter into a thirty-year ground lease agreement and assume full responsibility for all financing, development, operations, and maintenance at its sole expense, with construction required to commence following permit issuance and be completed within twenty-four months of the lease effective date.

Respondents must propose an initial monthly rent of not less than $4,000 per month for the first five years with annual Consumer Price Index adjustments beginning in year five. The County will contribute up to $1.25 million from voter-approved ECHO (Environmental, Cultural, Historic, and Outdoor Recreation) program funds toward eligible infrastructure improvements. The project incorporates ECHO program requirements including minimum two-day-per-week public access and uniform fee schedules for Volusia County residents. The property encompasses approximately 358 acres, with the initial development boundary of approximately 77 acres expandable to approximately 98 acres contingent upon wetland mitigation. A feasibility study projects initial construction costs of approximately $10.2 million with projected annual facility revenues reaching approximately $184,743 to $9,909 by stabilization depending on operational model. The solicitation documents do not identify set-aside designations, disadvantaged enterprise restrictions, or incumbent vendors applicable to this opportunity.