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• City & County Technical Review of Plans (Setbacks, impervious Surface, Parking) <br />Final Recap: <br />• Less Costly operation <br />• Professional Management <br />• Faster Process to Deliver Facility <br />• More "Bang for the Buck" <br />• More Value for Seniors <br />- Dedicated Space <br />- Access to Additional Shared Space <br />- Special Facility Experience <br />Ken Redfoot spoke about the Facilities Investigation and Evaluation Report. This report <br />was originally done in 2002. The updated report includes a documentation of all of the different <br />systems in the building. They analyzed the architectural systems, mechanical systems, <br />electrical systems, pool systems, and ice rink systems. The aspects highlighted in yellow need <br />immediate attention and total $120,000 for architectural; $522,000 far mechanical; $59,000 for <br />electrical; $223,000 for pools; and $47,500 far ice rink. This total is for abnormal maintenance <br />services and is $971,480. <br />John Link made reference to tab 4 and the total cost of $581,000 and asked if this was <br />included in the $1.3 million. It was answered that it is included in the total cost. <br />Commissioner Gordon verified that a totally new pool would cost $441,000. She asked <br />what it would have cast ten years ago and Ken Smith said probably between $325-350,000. <br />Continuation of presentation. <br />Commissioner Gordon asked to see a page without the $6 million debt and see how the <br />Sportsplex is doing now. <br />Commissioner Gordon asked haw much Eaton Vance paid for the facility. Rod Visser <br />said that Eaton Vance originally issued $10.625 million in bonds for this. From Eaton Vance's <br />overall financial perspective, they feel they have invested $10.625 million upfront, and that in <br />the ten years since the facility has been open, they have lost $6 million in interest that would <br />have been earned had there been sufficient revenue generated to pay the interest on the bonds <br />that were used to pay far it. Commissioner Gordon stated that from the County's perspective, <br />the Sportsplex was aten-year old building and that the facility was operating at a loss. She <br />Hated that the ice rink was also losing money so it was Hat subsidizing the swimming pools. <br />Continuation of presentation (benchmark comparisons in booklet) and then the <br />PowerPoint above. <br />PUBLIC COMMENT: <br />