Bay County Commissioners Look at Funding Panama City Beach Sports Complex with $50 Million Bond

BAY COUNTY, Fla. - A new sports complex in Panama City Beach has been in the works for months, and now the county is working to figure out how to pay for it. 
At Tuesday's county commission meeting, board members approved a $50 million bond resolution, which is the first step to get approval from the courts. 
The brand new, 200 acre sports village will be on the east end of Panama City Beach and is estimated to bring in 70,000 room nights during the off season. 
"This is very exciting. This is a facility that will offset the shoulder seasons the beach, it'll make it easier for this time of the year to bring guests down here when the weather is not quite beach weather," said Bay County Commissioner Philip "Griff" Griffits.
The next step is having the bonds validated through the court system. After that, they're hoping to start construction right after the first of the year, with a completion date planned for Spring 2018.

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