Edward Jones Dome Debt Information
Edward Jones Dome debt information
Edward Jones Dome Leasehold Revenue Bonds
Important - All of the information set forth below is historical and subject to change. Investors must read the entire final official statement ("OS"), as well as any updated information regarding these bonds made available by the City of St. Louis (the "City") at the Municipal Securities Rulemaking Board's Electronic Municipal Market Access ("EMMA") website www.emma.msrb.org, to obtain the information essential to the making of an informed investment decision.
The Dome at America's Center (the "Dome", Formerly the Edward Jones Dome) is a multi‑purpose convention center and an indoor sports facility. The Dome opened in November 1995 and represents the eastward expansion of the St. Louis Convention Center. The Dome contains approximately 1,710,430 square feet of multi‑purpose convention and trade show space—including exhibition, meeting, pre-function, and registration functions—and an indoor sports facility with 126 luxury suites. The Dome can function as a separate venue with 180,000 square feet of exhibition floor space or, in conjunction with the adjoining Convention Center, offers up to 502,000 contiguous square feet of exhibit space.
The Dome has a capacity of approximately 67,000 seats for viewing football games and a capacity of approximately 40,000 seats for viewing basketball and other arena-style events. The Dome includes field level, lower deck, suite and club levels, and upper deck seating areas. The 126 luxury suites (2,718 seating capacity) and 6,710 club-level seats provide direct access to lounge spaces around the Dome. In addition to the facilities associated with the convention and sports arenas, the Dome also includes administrative, concession, kitchen, and operations facilities and facilities for performers and the press.
The Dome was formerly the home to the St. Louis Rams NFL football team. Beginning in the 2016-2017 NFL Season, the St. Louis Rams relocated to Los Angeles leaving the Dome without a permanent tenant. The Dome continues to host high-profile sporting events, large meetings, conventions, and large scale music concerts.
The Dome is maintained, operated, and managed on an integrated basis with the Convention Center by the St. Louis Convention and Visitors Commission. Edward Jones terminated the naming rights agreement in February 2016 and the name was changed to The Dome at America's Center.
The Edward Jones Dome Bonds are special obligations of the Regional Convention and Sports Complex Authority (the "Authority"), payable solely from payments from the City to the Authority pursuant to a financing agreement. The City has covenanted, subject to annual appropriation, to make payments to the Authority at such times and in such amounts as are necessary to prevent default in the payment of principal or premium, if any, and interest on the Edward Jones Dome Bonds. The City's payments are subject to annual appropriation by the City. If the City fails to budget and appropriate funds for payments due the Authority in any fiscal year, the City will forfeit its voting rights as to matters concerning the Authority and will be prohibited from participating in any business of the Authority as long as the default continues.
For a more detailed description of the security for the Edward Jones Dome Bonds, please refer to the Official Statement for the bonds (link provided below) and to www.emma.msrb.org for any Continuing Disclosure Updates and Material Event Filings.
There is currently outstanding the following one (1) series of Edward Jones Dome Bonds with an aggregate principal amount of $17,595,000 as follows:
|Issuer||Series||New Money / Refunding||Par Outstanding||Final Maturity|
|Regional Convention & Sports Complex Authority||
August 15, 2021
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