Unsolicited Public-Private Partnership (P3) Proposal

Description

UNSOLICITED PUBLIC-PRIVATE PARTNERSHIP (P3) PROPOSAL TO TROUP COUNTY 100 RIDLEY AVENUE LAGRANGE, GA 30240 PROPOSAL NO. PRP0001 for: Pyne Road Park 4481 Roanoke Road, Lagrange, GA 30240 May 31, 2024 TABLE OF CONTENTS INTRODUCTION page 3 QUALIFYING PROJEC T page 5 PROJECT DESCRIPTION FEASIBILITY page 6 page 20 PROJECT FINANCING PLAN. page 23 BUSINESS CASE STATEMENT page 25 CONTACT page 28 (Georgia) Partnership for Public facilities and infrastructure Act of 2015 [Model Guidelines] Select Strategic Team Member Supporting Documents 2|Page INTRODUCTION Lovejoy Capital is excited to present our proposal, PRP0001, to Troup County GA, outlining the potential improvements and additions to Pyne Road Park. Our vision is to transform the park into a multifaceted recreational and leisure destination that will benefit the local community and attract visitors from the region. By enhancing the existing master plan, we aim to create a park that caters to the needs of various user groups while preserving the park's natural beauty. Pyne Road Park currently offers a range of outdoor amenities suitable for all age groups. These include a public campground with twenty-two sites for tent and RV rentals, a boat ramp with 24hour attendant service, miles of hiking and biking trails, a dump station, and restroom access. However, the park is only open seasonally with a maximum stay of fourteen days. One recent addition to the park is the Oakfuskee Conservation Center, which serves as an event venue and a hub for environmental preservation. Located in the Oakfuskee Conservation Area, the center offers stunning panoramic views of West Point Lake and strives to minimize its ecological impact while fostering community engagement. In line with the existing masterplan, Lovejoy Capital proposes the below improvements and additions that we are prepared to fund. These enhancements include (but not limited to): 1. Expanding the sustainable campground 2. Constructing thirty-five vacation rental cabins/cottages 3. Introducing retail and concession options 4. Establishing a marina 5. Expanding the trail system to include an elevated canopy walk 6. Adding frisbee golf course 7. Constructing a fishing pier 8. Creating a world-class hedge maze 9. Building an inclusive playground 10. Enhancing athletic recreation facilities 11.