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The chart below projects the measurable objectives and economic impact of the Park, with
<br />significant increases expected to occur in 2020 and beyond due to completion of the Covered
<br />Arena and Associated Build -Out and the related growth in the number and size of competitions.
<br />2017_
<br />2018
<br />_.... .._
<br />1,400
<br />2019
<br />... .�.
<br />1,500
<br />J 2020 1 2021
<br />+
<br />Recreational Riders
<br />.�...- -...- - ... _. -
<br />Total # visitor days 11300
<br />---......----------
<br />1,800
<br />2,200
<br />Non -local % 70%
<br />70%-
<br />70%
<br />67%
<br />65%
<br />Non -local # 910
<br />Overnight # 310
<br />- expenditures @ $115/day avg. $35,650
<br />Other non -local (day use) # 600
<br />-expenditures @ $86/day $51,600
<br />Estimated economic impact: $87,2_50
<br />Events
<br />1 -2 -day Events: total # visitor days 1,800
<br />980
<br />1,050
<br />1,206
<br />_ 4_00
<br />$46,000
<br />806
<br />1,430
<br />572
<br />$65,780
<br />858
<br />$73,780
<br />330
<br />345
<br />$39,675
<br />705
<br />$.60,630
<br />$37,950
<br />650
<br />_ $55,900
<br />$69,316
<br />$93,850
<br />1,900
<br />32,000
<br />_ 33,900
<br />95%
<br />$1_0_0,_305
<br />$115,316
<br />$139,560
<br />2,200
<br />33,500
<br />35,700
<br />95%
<br />33,915
<br />2,300
<br />40,000
<br />42,300
<br />2,600
<br />3-6 day Events_ total # visitor days
<br />Total # visitor days3X
<br />Non -local %
<br />30,0001
<br />800
<br />52,000
<br />54,600
<br />95%
<br />92%
<br />90%
<br />Non -local #
<br />30,210
<br />21,147
<br />32,205
<br />22,544
<br />38,916
<br />26,852
<br />$3,222,245
<br />12,064
<br />49,140
<br />32,924
<br />$3,950,856
<br />Overnight #
<br />23,741
<br />- expenditures f day avg.
<br />$2,537,640
<br />$2,705,220
<br />9,662
<br />$2,848,860
<br />10,175
<br />Other non -local (day upik) #
<br />91063
<br />16,216
<br />- expenditures @$86/day
<br />$779,418
<br />$830,889
<br />$875,007
<br />$1,037,501
<br />$1,394,593
<br />Estimated economic irnLact:
<br />$3,317,058
<br />$3,536,109
<br />$3,723,867
<br />$4,259,745
<br />$5,345,449
<br />Total Estimated Economic Impact
<br />$3,404,308
<br />$3,629,959
<br />$3,824,172
<br />5%
<br />$4,375,061.
<br />$5,485,009
<br />_ 25%
<br />% Annual growth
<br />16%i
<br />7%
<br />14%I
<br />The chart below reflects projected funding sources for ongoing maintenance and operations:
<br />2021 2022 2023
<br />$480,000 $550,000 $600,000
<br />$1852000 $195,000 00
<br />_$205,0
<br />$90,000 $100,000 $.110_000
<br />545,0001 $45.000 $50,000
<br />$8001000 6890.0001-- $9651000
<br />6. Project Readiness: Please provide a detailed project schedule, including milestones
<br />necessary for completion as mentioned in question 1 above. On the schedule, indicate
<br />items completed and exactly where in the schedule the project is at this time. Be sure to
<br />include expected completion date.
<br />E.
<br />Sources of Revenues
<br />far_o_n#ping. Maintenance and 0oratiw-,5
<br />Projected Income
<br />2026 2017
<br />2018 !
<br />2019
<br />2020
<br />!Revenues from events and shows
<br />615,000
<br />5330.000
<br />$345.0001
<br />S360.0001
<br />$400.000'
<br />Private fundraisingfttroperations
<br />$140,000
<br />$145,000
<br />$150,000
<br />$35,0001
<br />$755.0001
<br />$50,0001
<br />$175,0001
<br />$65,000
<br />Business sponsorships
<br />$15,000
<br />$25,000
<br />In-kind support
<br />$25,000
<br />$25,{]00
<br />$30,000
<br />S3S.07Rr
<br />S40,000
<br />_
<br />Total
<br />r
<br />$495,000
<br />$560,000
<br />$600,000
<br />$680,000;
<br />$525,400
<br />2021 2022 2023
<br />$480,000 $550,000 $600,000
<br />$1852000 $195,000 00
<br />_$205,0
<br />$90,000 $100,000 $.110_000
<br />545,0001 $45.000 $50,000
<br />$8001000 6890.0001-- $9651000
<br />6. Project Readiness: Please provide a detailed project schedule, including milestones
<br />necessary for completion as mentioned in question 1 above. On the schedule, indicate
<br />items completed and exactly where in the schedule the project is at this time. Be sure to
<br />include expected completion date.
<br />E.
<br />
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