Terms of this agreement include:
1) While the Augusta Colts will not play football in 2009, the Colts are not folding. Quite the contrary, the Colts remain in good standing with the AIFA; having paid (in advance) their AIFA membership dues for the entire 2009 season.
2) Global Spectrum has affirmed their intent to continue to negotiate a 2010 arena lease with the Colts; a process scheduled to resume tomorrow, (Sept. 24, 2008). Indeed, there is great expectation within our respective organizations about the prospect of working together to help re-create the excitement of pro indoor football in the CSRA.
3) During this "off season" Colts' fans can expect to see an increase in our community presence (to create an awareness & support for the home team). We will also use this time to "tweak" our business plan (to better meet the challenges of a weak economy); to retire any lingering debt; and to continue our search for a new head coach & dance team coordinator. Fans can follow our progress over the next 18 months via weekly updates on the Colts' official website, www.augustacolts.com.
In conclusion, while saddened by the prospect of sitting out the 2009 indoor season, the Augusta Colts realize that we have been presented with a tremendous opportunity; one which will allow us to evaluate the lessons learned during our inaugural (2008) season and thus move the franchise forward with greater success & stability in the future.
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