(Oroville) The Feather river Recreation ad Parks District (F.R.R.P.D.) closed escrow Friday on the purchase of the Oroville Gymnastics and Sports Academy. The purchase price was $3.4 million dollars. The 41,706 sq. ft. state of the art facility will be the foundation for a new era of expanded recreation programs that will serve the greater Oroville area for years to come.
"This is a remarkable opportunity and investment into the future", said Mike Donnelly who represented the Seller along with Don Miller of Miller Realty. "This acquisition is a text book example of a private-public partnership that saves money and will have a huge benefit to residents", Donnelly said. "There is no way this facility could have been build by a government agency for such a modest price", he said.
The gymnastics center is the crowning acheivement of Marcia Carter and her family, who spent 27 years bringing cutting edge sports and educational services to several generations of Oroville youth. Many of her former students have gone on to become Olympic caliber athletes or developed respected professional careers.
Carter, along with her son Shaw Carter and Jennifer Celentano will stay on with the center as employees of F.R.R.P.D. The district will retain all of its existing programs and services and take over additional programs run by the gymnastics and sports academy.
The multi faceted deal was put together over the course of more than a year, led by F.R.R.P.D. Chairperson Jan Hill, Directors Vene Thompson, Tamara Dorfman, Loren Gill, Roger Soudan and new Executive Director John Buck. The move was initiated by former Executive Director Bob Sharkey who retired last year after more than 15 years of service to Oroville Recreation.
The acquisition was also facilitated by the Oroville City Council, U.S.D.A. Rural Development and Butte Community Bank, which all provided lending support. F.R.R.P.D. was represented by Ed Becker of Ed Becker Real Estate and escrow was handled by Michelle Miller at Mid Valley Title & Escrow.