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HomeMy WebLinkAbout1988-09-19 Park Board PacketM E M O R A N D U M TO: Park Board Members FROM: Bob Kojetin and Park and Recreation Staff SUBJECT: Edina Golf Dome - Park and Recreation Operation DATE: September 19, 1988 To look at the Park and Recreation Department totally operating the dome 12 months of the year, I would like to express some of the staff's report on the outstanding benefits a facility like the dome can add to our park system as a recreational facility for the people of Edina as well as a revenue generator for the park system. I would like to break the year up into different segments because of seasonal and programming activities. It has been proven that the period from Christmas to April 1 is by far the most lucrative time for generating funds from golf driving range operation which was the initial activity that the dome was built for. Since the installation of artificial turf, the opportunity for operation 12 months of the year for other activities enters into this recommendation. Currently we operate an adult soccer league from September to December. Additional Activities: A new program that could be started would be an adult volleyball program where we could set up a minimum of five volleyball courts and run at the same time. Another new program could be adult football. During the year we could rent the facility for teen dances. There would possibly be about six during the year. It could be rented out for art shows, flea markets, and special industrial shows for private corporations which we have had many inquiries about. These could be additional revenue generators. Recreational Activities: On the other side as a recreational facility for the community, we could expand our girls' flag football program, boys' flag football program, and athletic associations' tryouts for travelling team soccer and baseball in the spring. These non -revenue generating type of activities could be a very big plus in our overall recreational program for the community, and yet we can still satisfy and generate revenue activities at the same time. This would be a tremendous facility for our Park and Recreation Department to have totally under its direction in its park system. • PURCHASE OF DOME Original Report - April, 1988 Operating Revenues 220,000 Operating Expenses, including 20,000 capital 89,000 NET 131,000 Actual Revenue 1987-1988 Owners and City 237,000 Increase Expenditures: 9,000 - insure Dome 10,000 - additional heat Operating Expenses 89,000 New Expenses 19,000 Bond Issue 10 years 81,000 189,000 189,000 48,000 �iTOr IRPEDINA PARK AND RECREATION DEPARTMENT GOLF DOME REVENUE AND EXPENSE DETAIL ACTUAL 1987 BUILD OUT OPERATING REVENUES: GOLF RECEIPTS $ 185,000 $ 190,000 RENTALS 35,000 35,000 TOTAL OPERATING REVENUES $ 220,000 $ 225,000 OPERATING EXPENSES: PERSONAL SERVICES 10,000 10,000 CONTRACTUAL SERVICES 72,000 78,000 COMMODITIES 7,000 7,000 CENTRAL SERVICES 0 , 3,000 DEBIT SERVICES ($575,000 PURCHASE) 55,000 TOTAL OPERATING EXPENSES $ 89,000 $ 153,000 OPERATING INCOME BEFORE DEPRECIATION 131,000 72,000 DEPRECIATION (20,000) (29,000) OPERATING INCOME $ 111,000 $ 43,000 Ken Rosland, City Manager AGENDiITEM Vir S` jry bu I cannot attend tonite's meeting. • �'y%.�r��-- '7 S � v �'�►��� Jam/ . S'S y3� I' •�/���_�X-tt._. ��--i�c� C�-7".�'�...yc_n-.��� C�r��i� D�'1./_-/...!���.�`_'.c�� GLI,�.� i I i _ � Gam'-" ���-t.�Gs��uc.e� . � i-�•�'-� _ � I,