Summary.
The bill creates the Board of Trustees of the Kenny Serracín Baseball Stadium in David (Patronato del Estadio de Béisbol Kenny Serracín de David) as a public law entity with administrative, financial and property autonomy. It assigns the board responsibility for administering, using, preserving and operating the stadium under a use and management title. The stadium would remain public property owned by the Panamanian state through the Panamanian Sports Institute (Instituto Panameño de Deportes), also called Pandeportes. The board would be based in the district of David, province of Chiriquí, and could establish offices elsewhere in the country. Its purposes include maintaining, rehabilitating and developing the stadium, promoting sport, and hosting authorized cultural activities and events.
Its assets would include property assigned by Pandeportes, public and private contributions, donations, revenue from facility use, concessions, leases, ticket sales, sponsorships and authorized commercial activities, and funds from trusts and agreements. It could receive resources from the General State Budget allocated to the Panamanian Sports Institute, from the Municipality of David (Municipio de David) and from other public bodies. Tax incentives for private contributions would be governed by the Tax Code (Código Fiscal) and express regulations issued by the General Directorate of Revenue (Dirección General de Ingresos).
The board would include representatives of Pandeportes, the Municipality of David, the Provincial Council of Chiriquí (Consejo Provincial de Chiriquí), the Chiriquí Provincial Baseball League, businesses, sports and community organizations, and private stadium sponsors. Each member would have an alternate, serve for three (3) years, be eligible for one reelection and declare their interests before taking office. Persons with conflicts of interest or contracts with the board could not serve. The Governing Board (Junta Directiva) would elect a chair for two (2) years, renewable once, alternating between state and nonstate representatives in successive terms. It would approve budgets, fees, contracts, investments and internal controls. It would apply Law 22 of 2006 to procurement funded by the state and adopt internal procurement rules for private funds. An executive director with at least five (5) years of relevant experience, appointed for four (4) years, would manage operations and submit quarterly reports.
The board would prepare an annual maintenance plan, while the Governing Board would approve investments. Official sporting events of the Chiriquí Provincial Baseball League and FEDEBEIS, along with youth sports training programs, would receive priority within the approved schedule. Annual external audits and audits by the Office of the Comptroller General of the Republic (Contraloría General de la República) would apply. Financial information would be made public, and contracts, concessions and revenue would be published quarterly. The bill lists revenue from events, rentals, advertising, concessions and donations, and requires a financial study updated every twelve (12) months. For the initial setup, the Ministry of Education (Ministerio de Educación) would form a Provisional Installation Commission (Comisión Provisional de Instalación). The Executive Branch (Órgano Ejecutivo) would issue regulations through Pandeportes within six (6) months; the law would take effect upon promulgation.
The proposal concerns these public bodies, as well as sports organizations, stadium users, sponsoring businesses, merchants, event organizers and community groups in Chiriquí.
What it proposes.
- Creation and organization of the Board of Trustees of the Kenny Serracín Baseball Stadium in David.
- Administration, maintenance, investment and use of the stadium.
- Funding, procurement, transparency and oversight of resources.
Who it would affect.
- The Board of Trustees of the Kenny Serracín Baseball Stadium in David and its members.
- Stadium users and event organizers.
- Contributors, sponsors, tenants and concessionaires.
- Public bodies that provide resources or exercise oversight.
Key points.
- The bill proposes an autonomous board to manage the stadium, which would remain state-owned public property.Arts. 1-3
- Assets and funding could include assigned property, public and private contributions, authorized operating revenue and trusts.Arts. 4-6
- The board would bring together public, sports, community, business and sponsor representatives, subject to rules on alternates, terms and interests.Art. 7
- The Governing Board would direct the entity, elect an alternating chair and decide on budgets, contracts, fees, investments and controls.Arts. 8-10
- An executive director would manage operations, execute the budget and submit quarterly reports under the stated selection and removal rules.Arts. 11-13
- The bill provides for maintenance and investment plans and priority use for official sporting events and youth training.Arts. 14-16
- It requires audits, disclosure of financial and contractual information, identified revenue sources and a periodic financial study.Arts. 17-21
- A commission would prepare the board’s establishment, the Executive Branch would issue regulations, and the law would take effect upon promulgation.Arts. 22-24