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The development of a covered arena was included in the Park's original master plan prepared <br />with input from potential users groups and made publicly available to stakeholders. It was <br />included in the Environmental Impact Study and Development Agreement approved by the City - <br />As the Park's landlord, we partner closely with the Authority and have had several recent <br />discussions about the covered arena project. <br />Over the past 18 months, the Authority has solicited input from current and prospective user <br />groups and coordinated with them on project design details. The covered arena project <br />described in this application has generated much support and enthusiasm from throughout the <br />horse community thanks to its scope and attention to details that make it highly functional and <br />attractive. Letters of support from current and prospective user groups, the City, County, and <br />other stakeholders are attached. <br />S. Studies: Please attach any feasibility or other studies that demonstrate linkages between <br />the proposed project and the anticipated tourism impacts. Also please include your <br />operations/maintenance strategy and other plans for long-term project sustainability (how <br />the facility or facilities will be operated and maintained over at least five years following <br />completion). <br />Attached is the Financial Feasibility and Economic Impact study conducted by professors at <br />Central Washington University in 2006. The study is based on other major equine facilities the <br />vast majority of which have covered and/or indoor competition space. Page 6 of the <br />Addendum describes The Facility and states "the key Wdity on the site will be a 200 x 300 foot <br />covered arena with a 175 x 300 foot open arena". Our current thinking on the dimensions has <br />changed slightly, but the need remains central to the Park's operations and strategy. <br />The Horse Park completed its sixth full season of operations in 2016, and has grown to host 40 <br />events annually in a wide range of activities with up to 300 horses participating in shows <br />running from one to seven days for English and western disciplines. People are drawn to the <br />Park's first class facilities, convenient location and beautiful setting. Since its inception, the <br />Park has sustained itself through operating revenue and an array of private and public support <br />as summarized in the following chart: <br />5vurc.• <br />Oil, CalMA IH da_ -I W. -I <br />Fililm6 Cuuvv 9 M4A1100JW1ni In,1, I,Ia Qf.1111- M.V- <br />91104,s [r.0 Ivfrii�,[{,[nyral G,..v:.• <br />apnr,lln�ue,eo�ur- - <br />Uonallans, AICmUerships and Slfonsoryl, llrs <br />Re yIclod poop tlunL_•Ca piles M9 nfove ,en is <br />1AWN.d Onn C llun_s .... .._ _.._ ,_ <br />Volunteerism <br />lOther Granit <br />TOTAL <br />Hhyrl[.lI no -mm, <br />2009 2010 1 <br />2011 2012 2013 <br />2014 i 2015 <br />I['1At <br />42,200 _ 5 20Onn j 5 27 Snn <br />S 7,0,00_0 I S 20,000 _ 5 <br />149,1OC <br />j I <br />i 41.5001 <br />•71,sOC <br />! <br />S <br />w.0!10 <br />$ If, 000 C. <br />f a4L1 -, ...,i { ICU 7n,i <br />-� ; 283 San .. 5 <br />1 7$11 Si1n <br />' S 15,800 $ <br />71.8;0 • $ 83i,4[In 17".� 90�i <br />• ! S 104.stio <br />• S 11,750 i <br />'s 5.900 S '+o, 1!0 $?4y,8';,.:, <br />x S 14.600 <br />S 4.5_00 S <br />16,100 S :0_,500S 2S 100 <br />:E.SL'ii 1U 500 5 <br />12'9.2, <br />$ AnOf) $ S1 257, i <br />15867 - .}v7 35,02G <br />5 2G, 7,',` $ 34086 `- •.. +, S <br />' �' <br />)6; `SAA <br />.. <br />..iC❑ <br />! S <br />3 tt00 <br />S3 -S23-000 S 100,317 I S <br />265,017 $.178,297 565L481 <br />'S 559.065 S 466,986 S 691,050 5 <br />G,G75.213 <br />The following chart summarizes the user metrics and economic impact of the Horse Park to <br />date. The measurement process includes gathering zip codes from all Park users, on-site <br />surveys, the Dean Runyan Report provided by Washington Tourism Alliance, and discussion <br />