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i • <br />Master Plan (Per 2.2, Phase 3, above) <br />• A minimum of three improvement scenarios for the City's facilities will be evaluated in this report, with <br />one selected (with approval of the City, as a preferred option). The scenarios evaluated shall include: <br />A minimum expense scenario that will make maximum use of existing facilities. <br />A cost recovery scenario based an approximate 70% -80% return on investment, and <br />Another scenario based on providing optimal benefit to City residents <br />• The Improvement Plan will also detail the recommended improvements, and rank them by priority and <br />cost. (Washington Manor Park's aquatic facilities would be one of the facilities specifically addressed <br />by this improvement plan.) <br />• Evaluation of each scenario to include a review of its constructibility, siting issues, cost impact, and <br />construction staging. <br />• Benefits of each scenario to be qualitatively assessed based on estimated attendance and variety of services <br />used. <br />• Provide a cost estimate for each scenario. Costs to be quantitatively estimated including both capitol and <br />operating costs over a projected 30-year life span. Estimated operating expenses for the proposed <br />alternatives. Particular attention to be focused on salaries and employee costs, with recommendations for <br />staffmg levels for all categories of full-time and part-time staff necessary during off-season and effective <br />and extended operating seasons. Deduct operating expenses from projected revenues to determine net <br />operating profit/(loss) for the recommended options and provide as an income statement. <br />• Estimated development costs for the proposed alternatives, with options itemized, based upon a <br />recommended development program. <br />• Determine prevailing schedules of area public and private schools for potential participants and staffmg. <br />• Based on such factors as estimated length of visitor stay, market composition, and experience of similar <br />projects as described previously, estimate per capita and total revenue potential broken down as follows: <br />-~ Admissions, daily and season (including group sales and special events) <br />-> Food and beverage <br />~ Merchandise <br />-~ Rentals (including facility/buildings, pools, picnic areas, and merchandise). <br />Exhibit A, Appendix A-1 Page A7 of 8 <br />09/11/01 Washington Manor Pool Refurbishment <br />