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6 <br /> 1 Orange County <br /> 2 Situation Analysis <br /> 3 ' <br /> 4 Under RFP management, the Sportsplex has grown revenues 75%over 6.5 <br /> 6 - Annual growth 10%. <br /> 7 contract inception in 2005. RFP has a proven record of leveraging its staff and <br /> 8 management to <br /> 9 C�verthe contract support significant <br /> '' financial performance —' <br /> '-- improved from annual <br /> 10 losses of($800,000) prior to RFP, to consistent annual net operating results of <br /> 11 $400,000. A$1,200,000 improvement! <br /> 12 - has a 13 - But �Bmoaumm of'growth we lack'space for rapidly growing' progrenns for children <br /> 14 adults and seniors. <br /> 15 - RFP can meet growth needs and achieve similar incremental financial results through a <br /> 16 four stage physical expansion of the existing Sportsplex facility. <br /> 17 <br /> 18 What is needed to make Vision a Reality <br /> 19 (Schematic Design) <br /> 20 1.3 Four Phase Renovation/Expansion <br /> 21 • Lobby (+ $110.000) <br /> 22 • Fitness Mezzanine over Pool ($950.000) <br /> 23 • Multi-use Turf($1,900,000) <br /> 24 • Versatile Court/$900.008\ <br /> 25 <br /> 26 Lobby Renovation <br /> 27 - Addition of 1,843 sq. ft. of Group X and Specialty training space. Modest cost and 18' <br /> 20 month year payback. <br /> 29 - Movable wall design divides the main Group X room into 5 distinct venues—significant <br /> 30 program flexibility and Kidsplex space. <br /> 31 - P/12/13 CIP includes$165,000 for Lobby cosmetic facelift. <br /> 32 (Flooring, Paint, Lighting). <br /> 33 - Design review revealed opportunity to add 1,843 sq. ft. of programmable Group X and <br /> 34 Specialty training space at a modest incremental cost of$110,000. <br /> 35 - A movable wall design can divide the main Group X room into 5 distinct venues— <br /> 36 facilitates significant program flexibility, lobby events and Kidsplex space. <br /> 37 ' This investment results in incremental programming and membership revenue growth <br /> 38 of$312,000 in the first year after completion. <br /> 39 - Leveraging staff and overhead, results in $200K annual contributions to the Fund <br /> 40 Balance - (18 month payback) <br /> 41 <br /> 42 Pool Fitness Mezzanine <br /> 43 (overlooking pool) <br /> 44 - Highly cost effective mezzanine construction process resulting in high return on <br /> 45 investment. <br /> 46 - 5,400 s ft. <br /> 47 - Cardio for Adults <br /> 48 - Senior Programs <br /> 49 - Member lockers <br /> 50 - Weight loss room <br /> 51 - Therapeutic Massage <br />