Ellensburg Fieldhouse Project (003)

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3. Long -Term Maintenance Plan Describe the plan for ongoing maintenance and funding for the infrastructure to ensure its long-term sustainability. The city hired Ballard King & Associates LTD (BK) to conduct a market review and develop an operation plan for the fieldhouse which is attached. The objective of the study was to determine the anticipated participation and estimated revenue and expense budget. Based on the information provided in the Ballard King Report, the city anticipates the following: • Ballard King estimated annual fieldhouse operating costs $954,000 • Estimated revenue from BK report (60% recovery) $525,000 • Off set from current Park Operations: o Youth Center (transfer services to Boys & Girls Club) $292,000 o Youth Athletics (absorb into field house expenses) $100,000 o County Contribution (LTAC or annual contribution) $100,000 • Total Annual Operating Revenue $1,017,000 IV. Project Timeline (Example) Milestone Start Date Completion Date Planning and Permits October 1, 2025 March 1, 2026 Construction Start April 1, 2026 Project Completion/Lease Exercised June 1, 2027 Opening to Public July 1, 2027 Future Purchase Option TBD V. Feasibility and Risk Management 1. Feasibility Describe the project's feasibility, including any studies conducted, readiness to begin, and likelihood of successful completion within the proposed timeline. As previously mentioned, the city hired Ballard King to conduct marketing and operation plan in February 2025. The work completed by BK determined the anticipated facility participation and estimated revenues and expenditures. The work also included a demographic assessment of the regional area, participation and facility trends, and developing an operating pro -forma. Additionally, preliminary geotechnical and site work