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          "THIS HAS BEEN AN AMAZING PARTNERSHIP 
DATING ALL THE WAY BACK TO 2002."  THE CITY OF FRISCO AND FC DALLAS REINVIGORATE 
ITS LONG-TERM PARTNERSHIP SCORING BIG FOR THE COMMUNITY. 
          "THAT'S A GREAT COMMITMENT FOR 
FC DALLAS TO BE HERE THROUGH ALMOST 2060." "ALL IN FAVOR? I. MOTION PASSES 6-0 CONGRATULATIONS. 
          THE FRISCO CITY COUNCIL VOTED UNANIMOUSLY TO EXTEND THE LEASE FOR FC DALLAS 
THROUGH 2057 AND FUND UP TO $182 MILLION FOR   TOYOTA STADIUM IMPROVEMENTS. "THIS IS GOING TO 
KEEP THEM IN FRISCO FOR ANOTHER 30 PLUS YEARS. IN   THEIR WORDS THEY'RE GOING TO BUILD THE BEST SOCCER 
SPECIFIC STADIUM IN THE ENTIRE WORLD."   RENOVATIONS INCLUDE ADDING 3,400 SEATS, SHADED SEATING PLUS 
UPGRADES TO THE SUITES AND CLUB LEVEL SEATS. THE   CONCOURSE WILL ALSO BE OVERHAULED CREATING MORE 
CONCESSION AREAS AND RESTROOMS. PLUS A 6,000 SQ FT   VIDEO BOARD AT THE NORTH END OF THE STADIUM WILL 
WELCOME FANS. "I THINK WHAT WE'RE GOING TO BE ABLE   TO DELIVER IS SECOND TO NONE. IT'LL BE A WORLD-CLASS 
FACILITY. "THIS PUBLIC PRIVATE PARTNERSHIP BETWEEN   THE CITY OF FRISCO, THE HUNT FAMILY ALONG WITH 
THE FRISCO COMMUNITY DEVELOPMENT CORPORATION   AND THE FRISCO INDEPENDENT SCHOOL DISTRICT 
MADE THE STADIUM RENOVATION POSSIBLE. "THIS IS   A MULTI-PURPOSE VENUE, SO IT'S USED YEAR ROUND. WE 
HOST FOOTBALL GAMES, OUR STUDENT ATHLETES GET TO   USE THE FACILITY, CONCERTS, JUST PROGRAMMING ALL 
YEAR ROUND." "FROM A CDC PERSPECTIVE, WE'RE REALLY   LOOKING FOR THAT WAY THAT WE CAN INVEST BACK INTO 
THE COMMUNITY AND MAKE SURE THAT OUR RESIDENTS ARE   BENEFITING FROM THE THINGS THAT WE DO AND THIS 
IS REALLY A YOU KNOW A NO-BRAINER IT'S A WIN-WIN."  THE RENOVATIONS WILL BE FUNDED THROUGH SALES TAX 
REVENUE BONDS, A CONTRIBUTION FROM THE CDC TAXES   COLLECTED THROUGH REINVESTMENT ON THE LAND AND 
$65 MILLION FROM THE HUNT FAMILY. THE STADIUM WILL   REMAIN OPEN DURING THE PROJECT, WHICH IS EXPECTED 
TO BEGIN THE FIRST OF 2025 AND TAKE ABOUT 3 YEARS TO   COMPLETE. THE RENOVATIONS ARE JUST THE BEGINNING 
FOR THE HUNT FAMILY'S VISION. THE FRISCO ECONOMIC   DEVELOPMENT CORPORATION APPROVED $25 MILLION IN 
INCENTIVES FOR A MIXED USE PRIVATE DEVELOPMENT   AROUND TOYOTA STADIUM. A HOTEL, RESIDENTIAL 
TOWER AND OFFICE BUILDINGS ALONG WITH RETAIL   AND RESTAURANTS ARE PLANNED. "IT ADDS JET FUEL 
TO NOT ONLY THE CORRIDOR UP ALONG THE TOLLWAY   BUT ALSO IS GOING TO PROVIDE A VITAL BRIDGE FOR 
INCREASING THE LIVELIHOOD OF WHAT'S HAPPENING IN   OUR DOWNTOWN DISTRICT." "THIS IS MAIN STREET FRISCO, 
SO IT IS RIGHT AT THE HEART OF OUR CITY FROM THE   INVESTMENTS WE'RE MAKING IN THE STADIUM AND REALLY 
THE AREAS OUTSIDE THE STADIUM FLOWING INTO ROLLERTOWN   AND THAT'S GOING TO BE THE GATEWAY INTO 
THE HISTORIC RAIL DISTRICT." THE GOAL OF THIS   PARTNERSHIP IS TO CONTINUE TO ENTERTAIN THE 
COMMUNITY AND VISITORS FOR YEARS TO COME. "MY DAD   WAS QUITE A VISIONARY AND HE HAD TOLD US BEFORE 
HE PASSED AWAY THAT 'GUYS WE WERE EARLY BUT I PUT   YOU IN THE RIGHT SPOT, FRISCO IS GOING TO BE THE 
EPICENTER OF THE METROPLEX' AND HE PROVED THAT TO   BE EXACTLY RIGHT." "THEY BELIEVED IN FRISCO BEFORE 
FRISCO GROWTH REALLY STARTED AND NOW THEY'VE   DOUBLED DOWN TO THEIR INVESTMENT TO FRISCO, TEXAS 
WE'RE JUST SO PROUD TO HAVE THEM AS A PARTNER
* This transcript was compiled from uncorrected Closed Captioning.