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Sportsplex - New Facilities
<br /> Project Category: Sportsplex Capital Project Status: Completed Project Type
<br /> Functional Service Community Services Proposed Bid 4/30/17 New X
<br /> Area: Award Date:
<br /> Department: Sportsplex Starting Date: 7/1/17 Expansion
<br /> Project Number: Fund 53 Completion Date: 12/31/18 Renovation
<br /> Replacement
<br /> Project Description/Justification: Prior Years funding includes )
<br /> the Field House Complex featuring a Sports and Recreation section,
<br /> Camp, After and Pre-School areas and Fitness section, for total
<br /> funding of$3,875,000 and $222,000 in reallocated funding from
<br /> previously unused project funds for a Family/Single User Change
<br /> Room project, plus $125,000 in reallocated unused capital funds for
<br /> much needed storage space. Funding in FY 2018-19 of$65,000
<br /> was for an elevated enclosed connecting ramp between the .
<br /> Sportsplex and Field House. The Field House and Connector
<br /> projects were completed on December 31 st with a January 2019
<br /> grand opening. FY 2019-20 Operating costs reflect the first full year
<br /> of operation with the overall project costs recovered from net
<br /> operating revenues over a six year period. Years 6-10 includes new
<br /> member change area to accommodate growth plus the need to
<br /> segregate youth and adult users currently using the combined
<br /> pool/member change areas; and enclosing the outdoor turf field to expand revenue generating programs.
<br /> FINANCIAL SUMMARY
<br /> Current Year 1 Year 2 Year 3 Year 4 Year 5 Five Year 6
<br /> Prior Years Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Year to
<br /> Project Budget Funding 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total Year10
<br /> Appropriation
<br /> Land/Building
<br /> Professional Services
<br /> Construction/Repairs/Renovations
<br /> Field House Expansion Fitness section 950,000
<br /> Field House Sports and Rec section 2,800,000
<br /> Family Change Room project 222,000 -
<br /> Elevated Connector,Sportsplex to Field House 65,000 -
<br /> Storage Facility 125,000
<br /> New member locker/shower project 490,000
<br /> Fully air-conditioned Sports Field enclosure 926,000
<br /> Equipment/Furnishings -
<br /> Total Project Budget: 4,097,000 65,000 - - - - - 1,416,000
<br /> Revenues/Funding Source
<br /> Debt Financing 3,750,000 1,416,000
<br /> Sportsplex Funds 347,000 65,000
<br /> Total 4,097,000 65,000 1,416,000
<br /> Sportsplex Related Operating Costs
<br /> Personnel Services 80,000 160,000 190,000 220,000 250,000 257,500 1,077,500 1,420,000
<br /> Operations 195,000 449,760 484,000 519,540 555,080 569,330 2,577,710 2,950,000
<br /> Recurring Capital
<br /> New/Addl Revenue (125,000, (1,105,000) (1,394,000) (11412,500) (1,431,000) (1,473,990) (6,816,490) ($285,000)
<br /> Total Net Operating Costs/(Surplus) 150,000 (495,240) (720,000) (672,960) (625,920) (647,160) (3,161,280) (3,915,000)
<br /> 107
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