The town of Winter Park signed off on an ordinance approving the sale of the Winter Park Visitor’s Center and Chamber headquarters to Rendezvous Colorado, LLC during the town council meeting Tuesday evening. The sale comes as part of a $3.5 million agreement between Rendezvous and the town for naming rights to the Hideaway Park Stage, now known as the Rendezvous Event Center.

The town approved a resolution on the matter during a meeting on April 3, and outlined the details of the agreement. In addition to the stage’s naming rights, Koelbel and Company, Rendezvous’ parent organization, will also become owner of the chamber building located off Highway 40 and Rendezvous Way.

The town will continue to lease space in the building for chamber of commerce offices and the visitor’s center. The deal also includes the donation of a $250,000 bridge by Rendezvous to be built at the Sitzmark Pond to connect the Rendezvous community to the rest of Downtown Winter Park.

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The total purchase price for the stage’s naming rights and the building is $3.5 million, with $1 million due at closing and the other $2.5 million payable over the next 10 years with interest.

“Part of our commitment to the community is smart financial management, collaboration and partnership,” said Winter Park Mayor Jimmy Lahrman. “This new agreement is one of the many ways we’re getting more creative with how we deliver the services and infrastructure integral to a world-class resort community.”