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applications and findings of the financial model,and Section V does the same for the <br />impact model.Conclusions and recommendations are presented in Section VI. <br />PURPOSEOF THE STUDY <br />The overall purpose of this study is to evaluate the feasibility and economic impact of <br />the proposed state horse park.More specifically,this study meets the following <br />objectives: <br />1.Evaluatethe demand for and economic viability of a high quality,multi-use <br />compfe× designed to meet the needs of the diverse sectors of the State's <br />substantialhorse industry. <br />2.Determine the feasibility of establishing a successful facility <br />in Kittitas County which will meet the needs of national, <br />regional and local shows,western events,and related equestrian activities. <br />3.Make specific recommendationsas to the appropriate organizational structure <br />needed to acquire control of the site,solicit funds to construct improvementsand <br />successfully operate the facility over the long term. <br />4.Summarize the economic impact to the State of Washington,generally,and <br />Kittitas County,specifically,of the operation of the proposed Washington State <br />Horse Park in Kittitas County. <br />PARAMETERS: <br />Objectivity-It should be noted that the authors have been completelyobjective and <br />11