Agenda - 03-11-2014 - 3 CIP - Laserfiche WebLink

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Orange County Sportsplex Major Capital Investment Opportunities 2014 -15 Update & Executive Summary • The Sportsplex continues to experience strong growth. Fbvenue for 2014 -15 is projected at approximately $3miIlion which represents $395,000 growth over the 2012 -13 revenue base. • For the year to date January 2014 fitness membership revenue is $58,000 (14 %) higher the same period last year. At 4,850 total memberswe are already ahead of the projection used to validate the growth assumptions as presented in the original proposal to add a Fitness mezzanine in the pool area. • Bottom line financial results to January of $323,000 are $90,000 ahead of the same period last year and $65,000 ahead of Budget. Ire .61 • The first phase of the overall Sportsplex major expansion Project is fully scoped and ready forbid. Estimated completion is July 1, 2014. FY14 -15 Pool Mezzanine/ FY15 -16 Turf Addition/ FY16 -17 Court Addition (Current CIP) • While the project phases could still proceed as per the timeline above, given that the Lobby project will not be completed until July 2014 and given the recent land acquisition next to the goortsplex, an alternative plan has been formulated for consideration. • In order to minimize member and customer disruption and to achieve maximum project cost efficiencies from less construction startup /shut down, an alternate plan would be to combine the Mezzanine /Turf /Court projects into one continuous project startingwith the Fool Mezzanine in 2014 -15 alongwith afull engineering and architectural study to determine the most efficient site placement and design for the Turf /Court building addition utilizing the 3 acres acquired. The Turf and Court projectswould be combined and started in 2015 -16 immediately after the Pool Mezzanine is completed. • Thiswill likely also result in overall project cost savings since the contractor will be continuously onsite without costly project shutdowns and startups. • FY14/ 15 Pool Mezzanine ($950,000): Consulting engineers determined that the pool mezzanine addition proposed in last year'saPwasstructurally practical and efficient. The pool mezzanine is therefore proposed to proceed as planned and budgeted ($ 950,000) providing 5,400 additional sq. ft. This additional space will be used for member change areas (2,700 sq. ft.) that are essential for a fitness dub projected to grow to 6,700 members from its current base of 4,000. Additionally, it will provide a dedicated Spin, Fbw, Krank and Massage room (900 sq. ft.) plus 1,800 sq. ft. dedicated to adult and senior cardio equipment. The total cost of $950,000 is inclusive of all equipment. • FY15/ 16 Turf Addition ($1,900,000): The consulting engineers further determined that the previously contemplated expansion of the Ice rink mezzanine was not structurally possible. We had proposed $1,000,000 for that project in the prior year CIP. However there isa more compelling option from both a use and revenue generating perspective. Indoor turf can be used for abroad range of member programs plus year round walking, running, indoor soccer, lacrosse, flag football leagues for youth and adults. Programs proprietary to RFP at its other locations can be brought to Orange County, including the full range of early childhood based Lil Kckers, Lil 9uggers and Lil Cheer programs. Kdsplex after school, pre - school and summer camps would see significant benefit from the turf addition. -*