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Sportsplex - New Facilities
<br />Project Category:Sportsplex Capital Project Status:Completed Project Type
<br />Functional Service
<br />Area:Community Services Proposed Bid
<br />Award Date:4/30/17 New
<br />X
<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 31st 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 Year 10
<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) (1,412,500) (1,431,000) (1,473,990) (6,816,490) (8,285,000)
<br /> Total Net Operating Costs/(Surplus) 150,000 (495,240) (720,000) (672,960) (625,920) (647,160) (3,161,280) (3,915,000)
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