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1 Final Version February 16, 2007 If your version does not have this slide in green then it isnt the final version. Please delete all other copies.

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Presentation on theme: "1 Final Version February 16, 2007 If your version does not have this slide in green then it isnt the final version. Please delete all other copies."— Presentation transcript:

1 1 Final Version February 16, 2007 If your version does not have this slide in green then it isnt the final version. Please delete all other copies

2 2 LEROY PARK DISTRICT & CITY OF LEROY A Joint Venture for a Community Recreation Facility

3 3 Together they will form a new entity called the Recreation Center Authority R C A LeRoy Park District The Park District is a stand alone taxing body charged with the responsibility of providing recreation services to an area similar to the area served by the LeRoy School District. City of LeRoy The City is a stand alone taxing body charged with the responsibility of providing parks and related services to individuals and families residing within the corporate limits.

4 4 RECREATION CENTER AUTHORITY R C A The RCA will build a community recreation center that will be owned 50% by the City of LeRoy and 50% by the LeRoy Park District

5 5 RECREATION CENTER AUTHORITY R C A This entity will be made up of a five-member board. –2 representatives from the LeRoy Park District Board –2 representatives from the City of LeRoy (City Council) –1 member at large The board will be responsible for the management of the Recreation Center. The board will oversee all day-to-day decisions for the RCA.

6 6 RECREATION CENTER AUTHORITY R C A The Recreation Center Authority will build a $4,350,000 facility on the existing Park District property to include: A 6-Lane Competition Size Swimming Pool (Outdoor) A Diving Well (Outdoor) A zero depth entry childrens pool (Outdoor) A 4-Lane Competition Size Indoor Pool A Jacuzzi A Gym with an elevated walking track A Weight/Fitness area & 2 Activity Rooms An indoor/outdoor concession area

7 7 Washington Street View

8 8 Overhead View (Looking Southeast)

9 9 3D View Floor Plan

10 10 LeRoy Vote YES The Purpose Of This Presentation Is To Provide ALL Available Information To Allow The Citizens Of LeRoy To Vote YES With Confidence For The Proposed Sales Tax Referendum On April 17, A Yes Vote Will Allow The Joint-Venture Between The City Of LeRoy And The LeRoy Park District To Build A Community Recreation Center For The Benefit Of The Entire Community.

11 11 Who Will Benefit From The Recreation Center? Pool facilities available 12 months of the year. A gym available for adults on a regular basis. A weight/fitness area available on a daily basis. A walking track open to the public. Classes and programs to utilize the indoor and outdoor pools and the activity rooms Child care services

12 12 What Is Wrong With The Existing Structure? The existing pool structure was evaluated by the architect (Caius Jennison of Farnsworth). It is his professional opinion that the existing structure is no longer viable. A liner could be installed, significant improvements to the chemical and drainage systems along with the decking, but the cost would be over 80% of the cost of building a new facility. With the City becoming a partner, and adding the indoor facilities, the project has now moved in a completely different direction.

13 13 What Will Happen to the Existing Services? All services currently provided by the Park District at this location will be rebuilt or relocated. Relocated facilities will be built in City of LeRoy neighborhood parks. Outdoor Pool facilitiesRebuilt Basketball CourtsRelocated Tennis CourtsRelocated

14 14 How Does Increasing Sales Tax Build a Recreation Center? The City of LeRoy has authorized a Sales Tax Referendum to increase the sales tax rate in LeRoy from the existing 6.25% to 6.75%. This is equal to.5% (1/2 of 1%) increase and according to the State of Illinois this tax will generate approximately $150,000 per year in new funds.

15 15 Sales Tax Current Sales Tax Structure – 6.25% 1. 5% Paid to the State of Illinois 2. 1% Paid to the City of LeRoy 3..25% Paid to McLean County Proposed Sales Tax Structure – 6.75% 1. 5% Paid to the State of Illinois 2. 1% Paid to the City of LeRoy 3..25% Paid to McLean County 4..5%(1/2 of 1%) Paid to City of LeRoy (RCA)

16 16 How Does LeRoy Sales Tax Compare to Other Communities? Current LeRoy Rate6.25% Proposed LeRoy Rate6.75% Bloomington Rate7.50% Normal Rate7.50% Champaign Rate7.75% Urbana Rate7.75%

17 17 Sales Tax (Interstate Impact) In 2005, the City received $330,000 in sales tax dollars. The estimate is that approximately $98,000 was paid by out-of-town patrons and passers-by. Approximately $45,000 (30%) of the projected $150,000 to be generated with the.5% increase in sales tax would come from out-of-town customers.

18 18 Financing If the referendum passes: The City will contribute $150,000 per year to paying the debt to build the new facility. The Park District has pledged $100,000 a year in property taxes from their existing revenue base.

19 Property Taxes No New Property Taxes are included to fund either the debt or the operation of this facility.

20 20 DEBT SERVICE Project Cost$ 4,350,000 OSLAD Grant ($ 400,000) Down Payment- City ($ 400,000) Down Payment-Park D($ 100,000) Const Buy Downs ($ 150,000) Gifts-Bequests ($ 100,000) Total to Finance$ 3,200,000 ===============================

21 21 DEBT SERVICE Financing $3,200,000 over 20 Years at 5% interest will require annual debt service of $ 253,422.96

22 22 DEBT SERVICE The City would fund $150,000 per year from sales tax. The Park District would fund $100,000 per year from existing property taxes. This leaves a short fall in debt service on an annual basis of $3,422.96

23 23 DEBT SERVICE OTHER OPTIONS –Fundraising –Naming Rights to the facility –Naming Rights to sections of the facility –BroMenn –State Farm –Brand Name Advertising (Pepsi – Pioneer) –Utilities (Ameren & NICOR) –Sports Companies (Wilson – Nike)

24 24 OPERATING THE FACILITY Option 1: Private Contract –The facility could be leased to a private company. –They would have the responsibility for the day to day operations.

25 25 OPERATING THE FACILITY Option 2: Not-For-Profit Contract –The facility could be leased to a not-for-profit company like a YMCA. –They would have the responsibility for the day to day operations.

26 26 OPERATING THE FACILITY Option 3: In-house (RCA Board) + Staff –A budget would be established and the RCA Board would run the facility with a paid staff. –The paid staff would likely be employees of the City with the RCA having the responsibility to cover all expenses.

27 27 OPERATIONS BUDGET Estimated Annual Revenue –Memberships$ 110,000 –Adult Leagues$ 6,000 –Drop-Ins$ 5,000 –Programs$ 69,000 –Concessions$ 10,000 –Private Leases$ 27,000 –TOTAL REVENUE$ 227,000

28 28 OPERATIONS BUDGET Estimated Annual Expenses –Wages$ 111,500 –Employee Benefits$ 22,300 –Insurance$ 6,700 –Utilities$ 46,500 –Maintenance & Repair$ 15,000 –Chemicals$ 7,500 –Legal$ 1,000 –Office Expenses$ 4,500 –Miscellaneous Exp$ 10,000 – TOTAL$ 225,000

29 29 OPERATIONS Revenue & Expense Operating Revenue$ 227,000 Operating Expense$ 225,000 Operating Profit$ 2,000

30 30 OPERATIONS OTHER REVENUE OPTIONS –* Lease with LeRoy Schools –* Lease with BroMenn –* Lease with Champion Fitness –* Renting the Gym space –* Annual Fundraiser –* Corporate Memberships –* Merchandising

31 31 CITY COUNCIL WHAT IS THE NEXT STEP? Are you ready to go to the voters with the option of increasing the sales tax by.5%? This would change the local rate from 6.25% to 6.75%. (With the exception of titled vehicles and equipment) They would not increase from the current rate. City Council Approved in November 2006

32 32 PARK DISTRICT WHAT IS THE NEXT STEP? Are you ready to pledge $100,000 in annual property taxes to building and operating this facility? Are you ready to join forces with the City of LeRoy to build a new recreation center facility? Park District Approved in December 2006

33 33 Referendum All residents living within the corporate limits of Le Roy will be asked to vote on the following question on April 17, Shall the City of Le Roy impose a one-half (1/2) of 1% Non-Home Rule Municipal Retailers Occupation Tax and Non-Home Rule Municipal Service Occupation Tax (commonly referred to as a municipal sales tax) for expenditure on property tax relief and public infrastructure in accordance with the provisions of Sections through of the Illinois Municipal Code (65 ILCS 5/ through 65 ILCS 5/ )?

34 34 Referendum To support this project simply vote YES

35 35 Referendum The increase in sales tax will not affect any business that sells titled vehicles and/or equipment. It will affect any other business that sells items at 6.25%. They will be required to increase their rate to 6.75%.

36 36 Time Line If the referendum passes, the new rate will be implemented no later than January 1, A grant will be submitted in May, 2007 to the Dept of Natural Resources requesting $400,000 (maximum) in OSLAD Funds. The project will go out for bid as soon as the design work can be completed. (June or July 2007) The goal is for the Park District in conjunction with the City and the Township to complete all demolition and dirt work. They will rely on volunteer help. We hope to reduce the bid by $150,000 - $200,000 with this effort.

37 37 THANK YOU Thank You for taking the time to listen to the Recreation Center Proposal. Feel free to make any comments or ask any questions. Are you willing to sign our Campaign Form?

38 38 Committee Structure Steering Committee Chair – Frank Lunn This committee is responsible for all aspects of the referendum drive. The chairs of all other committees make up the membership of this committee.

39 39 Committee Structure Blue Ribbon Chair – This committee will be made up of committee leaders willing to promote the recreation center throughout the community.

40 40 Committee Structure Public Relations Chair – Laura Spencer This committee will be responsible for aspects relating to media, advertising, marketing, websites, television and radio. This committee will write and develop the overall advertising campaign. They will also design brochures, fliers, news releases, presentations and billboards.

41 41 Committee Structure Finance & Fundraising Chair – Larry Copes This committee is responsible for raising funds to promote the referendum. In addition, all expenditures will be authorized and managed by this committee. This committee will also make contacts soliciting funds to reduce the debt on the building and to subsidize operational expenses.

42 42 Committee Structure Speakers Bureau Chair – Jennifer Harms This committee will train all speakers and make sure that all audio/visual equipment is delivered and set up for each presentation.

43 43 Committee Structure Voter Registration Co-Chair – Joe Bandy Co-Chair - B. J. Zeleznik This committee will prepare a list of registered voters. They will also track all confirmed yes votes until the total number of yes votes exceeds 65% of the average number of voters typically voting in a spring election. They will assist with absentee voting as well as the early voting process. Finally, they are responsible for arranging transportation to the polling place on Election Day (April 17, 2007)

44 44 Summary List of Committees Blue Ribbon = Public Relations = Laura Spencer Finance & Fundraising = Larry Copes Speakers Bureau = Jennifer Harms Voter Registration = Joe Bandy & B J Zeleznik

45 45 REC CENTER DETAIL OUTDOOR POOL FACILITY 6 LANE OLYMPIC POOL –5 Feet Deep End – 3.5 Feet Shallow End –75 Feet Long & 45 Feet Wide –Perimeter Edge – 230 Feet –3375 Square Feet –13,500 Cubic Feet (101,000 gallons)

46 46 REC CENTER DETAIL OUTDOOR POOL FACILITY DIVING WELL –Attached to competitive pool –30 Feet Wide (Room for 2 Boards/Slides) –10 Feet Deep (1M Board & platform 10 high) –30 Feet Long (Allows for 1/3 Slope to 5 pool) –900 Square Feet & Perimeter Edge 90 –8,000 Cubic Feet (60,000 gallons)

47 47 REC CENTER DETAIL OUTDOOR POOL FACILITY SPLASH POOL –Zero depth entry concrete dish –Maximum depth 18 inches –Irregular natural form –1200 Square Feet (30 X 40 area) –Perimeter edge – 140 feet

48 48 REC CENTER DETAIL OUTDOOR POOL FACILITY ADDITIONAL DECK SPACE –Spectator deck at West side (20 X 75) –Sun deck north of spectator pool (20 X 100) –Sun deck all around splash pool (8 X 140) –Additional Expansion (1000 square feet)

49 49 REC CENTER DETAIL INDOOR FACILITIES Lobby – 800 square feet Gym – 75 X square feet Track – Around court 3600 square feet Fitness Center – 2000 square feet Activity Room 1 – 1600 square feet Activity Room 2 – 1600 square feet Mechanical Areas – 3000 square feet Interior Pool +Jacuzzi3200 square feet Locker Rooms – 2000 square feet Concession area – Administration area – 350 square feet

50 50 REC CENTER DETAIL INDOOR FACILITIES Gym –75 X 115 (One full court with run off) –8700 square feet –Multi-purpose surface

51 51 REC CENTER DETAIL INDOOR FACILITIES TRACK –Elevated above the Gym –3600 square feet –Multi-purpose surface

52 52 REC CENTER DETAIL INDOOR FACILITIES INDOOR POOL –32 X 75 (2400 Square Feet) –Depth –Jacuzzi –Mens locker room1000 square feet –Womens locker room1000 square feet

53 53 REC CENTER DETAIL INDOOR FACILITIES FITNESS & ACTIVITY AREAS –Fitness Center above Gym –Fitness Center 2000 square feet –2 Activity Rooms (1600 square feet each) –Concession area with kitchen & seating

54 54 REC CENTER DETAIL PROJECT COSTS Site costs$ 182,000 Outdoor facilities$ 918,000 Building$ 2,700,000 Architect/Engineering$ 280,000 Furniture/Equipment$ 150,000 Contingencies$ 120,000 TOTAL COSTS $ 4,350,000

55 55 REC CENTER DETAIL Project Costs – Site Detail $182,000 –Demolition$ 40,000 –Earthwork$ 30,000 –Pavement$ 6,000 –Fencing & Gates$ 18,000 –Lighting & grounding$ 30,000 –Shade Structures$ 15,000 –Landscaping$ 15,000 –PA System$ 8,000 –Pool Heater$ 20,000

56 56 REC CENTER DETAIL Project Costs – Outdoor Detail $918,000 – 6 Lane Pool$ 303,000 –10 Diving Well$ 173,000 –Splash Pool$ 140,000 –Pool Decks$ 56,000 –Inflation$ 26,000 –Outdoor Contingencies$ 110,000 –Design/Bid$ 110,000

57 57 REC CENTER DETAIL Project Costs – Building Detail $2,700,000 –Indoor Pool & Jacuzzi –Gymnasium –Fitness Center & 2 Activity Rooms –Concession area with Kitchen –Mens & Womens Locker Room –Elevated Walking Track –Elevator & Administrative area –Mechanical & Storage

58 58 REC CENTER DETAIL OPERATION REVENUE MEMBERSHIP $ 110,000 – Family $300 X 250= $75,000 –Couple $250 X 100= $25,000 –Individual $150 X 50= $ 7,500 –Student $100 X 25= $ 2,500

59 59 REC CENTER DETAIL OPERATION REVENUE ADULT LEAGUES$6,000 –$125 Per Team X 48 Teams = $6,000 DROP-INS$5,000 ($5,040) –Half Day Gym $1.50 X (2X7X48)= $ 1,008 –Half Day All $3 (4X7X48)= $ 4,032

60 60 REC CENTER DETAIL OPERATION REVENUE Program Fees$ 69,000 –Activity Rm 1 ($50 X 2 X 7 X 52) = $ 36,400 –Activity Rm 2 ($50 X 1 X 7 X 52) = $ 18,200 –Swimming = $ 14,400

61 61 REC CENTER DETAIL OPERATION REVENUE Concessions$ 10,000 - Sales $833 per month X 12 = $10,000 $10,000 Annual Sales / 48 = $ 208 per week Private Leases$ 27,000 - Public Entities$15,000 - Champion Fitness$12,000

62 62 REC CENTER DETAIL OPERATION EXPENSE Wages: $111,500 Full Time 1$ 38,500 Executive Director Part Time$ 55, $9 per hour Facility would be open 5824 (16 Hrs Day) Seasonal $ 18, $8 per hour Facility would be open 1176 (12 Hrs Day)

63 63 REC CENTER DETAIL OPERATION EXPENSE Employee Benefits: $ 22,300 Health Insurance$ 9,000 Retirement$ 3,000 FICA$ 8,600 Sub & Associations$ 200 Conferences$ 500 Training & Uniforms$ 1,000

64 64 REC CENTER DETAIL OPERATION EXPENSE Insurance:$ 6,700 General Liability$ 2,000 Commercial & IM$ 500 Umbrella Liability$ 500 Property$ 2,000 Workers Comp$ 1,500 Unemployment$ 200

65 65 REC CENTER DETAIL OPERATION EXPENSE Maintenance & Repair: $ 15,000 Equipment Repair$ 1,000 Structure Repair$ 1,000 Contract Services$ 500 Equipment$ 8,000 Equipment Rental$ 2,000 Capital Projects$ 2,500

66 66 REC CENTER DETAIL OPERATION EXPENSE Utilities:$ 46,500 Ameren (Electric)$ 19,000 NICOR (Gas)$ 22,000 Water/Sewer/Rf$ 2,500 Telephone$ 2,500 Internet$ 500

67 67 REC CENTER DETAIL OPERATION EXPENSE Other Expenses:$ 23,000 Office Supplies$ 4,500 (Postage/Advertising/Supplies) Chemicals$ 7,500 Miscellaneous$11,000 (Vending/Operating Sup/Misc)

68 68 REC CENTER DETAIL DEBT SERVICE Alternative 1: Financing $3,100,000 over 20 Years at 5% interest will require annual debt service of $ 248, Each $100,000 in initial debt reduction will reduce the annual payment by $8,000.

69 69 REC CENTER DETAIL ALEDO REVENUE FACTS 1.Annual Membership Revenue $ 190,750 2.Annual Program Revenue $ 58,500 3.Day Passes $ 4,850 4.Corporate Memberships $ 33,000 5.Concessions & Rentals $ 5,000 TOTALS$ 292,100 * Donations & Endowments $ 52,000

70 70 REC CENTER DETAIL ALEDO EXPENSE FACTS 1.Adult, Aquatic & Youth Exp $ 62,747 2.Gen Admin Exp $120,493 3.Building Maintenance Exp $ 39,000 Total Like Expenses$ 222,240

71 71 REC CENTER DETAIL SLIDE CHANGES 1.Sales Tax effective date 1/1/08 2.Operation Expense re-class 3.Additional Detail Slides (Ops Exp) 4.Aledo Detail Slides 5.Debt Service Detail Slides 6.Sales Tax Question 7.Growing Sales Tax Revenue Stream 8.Other Debt Service Capital Sources 9.Other Operation Revenue Sources

72 72 REC CENTER DETAIL OTHER OPTIONS – DEBT SERVICE –Fundraising Our goal would be to raise the minimum of $100,000 to buy down the initial debt. In addition, we would like to create a 501 (c) 3 for donations to the facility. An endowment could be created with the interest pledge to assist with ongoing maintenance of the facility. –Naming Rights to the facility For a six figure donation, the facility would be named for the donor. –Naming Rights to sections of the facility For a pre-determined amount, a specific section (ei. indoor pool) would be named for the donor.

73 73 REC CENTER DETAIL –OTHER OPTIONS – DEBT SERVICE (Cont) –BroMenn & State Farm Options include lump sum donations for naming writes, community support and advertising/marketing. –Brand Name Advertising (Pepsi – Pioneer) Options include lump sum donations for advertising/marketing. –Utilities (Ameren & NICOR) The local utility companies have programs designed to provide financial assistance. –Sports Companies (Wilson – Nike) There are numerous advertising/marketing opportunities. (Especially for (sports/athletic) companies.

74 74 REC CENTER DETAIL OTHER OPERATION REVENUE OPTIONS –* Lease with LeRoy Schools The Le Roy school district could lease gym space to cover overflow practice needs. In addition, they could use the facility for team swimming practices and all types of physical fitness classes. The lease could be an actual cash arrangement or services or a combination. –* Lease with BroMenn & Champion Fitness At this point, we know that BroMenn and Champion Fitness are interested in lease agreements to use dedicated space within the facility to provide services to the patients.

75 75 REC CENTER DETAIL OPERATION REVENUE OPTIONS (Cont) –* Renting the Gym space The gym will be designed so it can be used conventionally as a gym with options to rent for special community events that require a larger space. This will fill a void in the community and generate some revenue. –* Annual Fundraiser The RCA could manage an annual fundraiser to generate additional revenue. This could be structured like the spring athletic committee fundraiser. Potential for $10,000 to $30,000 in additional revenue.

76 76 REC CENTER DETAIL OPERATION REVENUE OPTIONS (Cont) –* Corporate Memberships Companies like Pioneer, Permabilt (Hundman) may want to purchase a specialty membership for employees and families. –* Merchandising A variety of items could be sold at retail.


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