1. Will Rogers Memorial Center Multi-Purpose Building & Public Events Infrastructure Maintenance City Council Presentation January 26, 2010

2. Background In December of 2006, Council asked the Public Events Department to study several major issues facing WRMC and bring forward solutions to: –Access/Parking –Equestrian Facilities –Deferred Infrastructure Maintenance

3. √ Access/Parking √ Equestrian Facilities Deferred Infrastructure Maintenance

4. Equestrian Facilities Increased competition from Oklahoma City, Tulsa, Las Vegas and others Aging Facilities Lack of stalling and covered warm up arena

5. $86 Million+ Impact 6 Equestrian Shows Generate over $86 million* of economic impact each year for the City of Fort Worth –National Cutting Horse Association Triple Crown (3 shows) –American Paint Horse Association World Championship Show –American Paint Horse Association Fall Championship Show –Appaloosa Horse Club World Championship Over 25 Equestrian Events held each year *Dr. Gerald Grotta, Grotta Marketing Research 2009

6. Direct Impact on CFW Visitors spend $1,200,000,000 from the convention and tourism industry WRMC and FWCC create $667,700,000 of visitor spending (55%) *Dr. Gerald Grotta, Grotta Marketing Research 2009

7. Surveyed equestrian clients Conducted focus group discussions with major equestrian users Toured other equestrian facilities in Oklahoma City Research

8. WRMC Multi-Purpose Building: –Adds 2 Covered Exercise Arenas –Adds 848 First-Class horse stalls –Expands Tunnel System for livestock transport –Covered staging area outside Justin Arena –Flexible design allows conversion to parking –Utility Relocations consistent with Water and TPW’s Master Planning efforts Solution is:

9. Aerial View of Cultural District Lancaster University Harley

10. Overall Site Plan

11. First Class Horse Stalls

12. View from Harley & Watt Drive

13. View from University Street

14. Warm-Up Arena Configuration

15. Parking Configuration

16. Preliminary Cost: $32 million Source of Funds: DFW Car Rental Tax Debt Service (25 year @ 5.5%) –$32 Million @ $2.4 million per year Financial Estimates

17. Timeline Begin Utility Relocation March 2010 –Water Main –Sanitary Sewer –Storm Drain –Cable, Etc. Begin Construction of New Equestrian Facility February 2011

18. Result New Facility helps keep Fort Worth competitive Infrastructure Improvements Benefits Adjacent Neighborhoods A needed addition to our world class equestrian center Important to maintain current business and pursue future business

19. √ Access/Parking √ Equestrian Facilities √ Deferred Infrastructure Maintenance

20. Will Rogers Memorial Center Infrastructure Maintenance

21. Coliseum Restroom Renovation BeforeAfter

22. Fort Worth Convention Center Infrastructure Maintenance

23. Infrastructure Improvements - Yr 1 Project Description Facility Est. Project Cost Sound System & Lighting Controls Round Up Inn WRMC 500,000 Condenser/Water Pipe Renovation to Cooling Tower WRMC 60,000 Plumbing Repairs: Richardson Bass WRMC 45,000 Coliseum Restrooms ($15,000 each) WRMC 250,000 Air Handler Replacement 5 & 6 (west arena) WRMC 180,000 Dimming System - Meeting Rooms FWCC 75,000 Cooling Tower Replacement FWCC 1,000,000 Vent Hood in Kitchen FWCC 350,000 Total Year 1$2,460,000

24. Infrastructure Improvements - Yr 2 Project DescriptionFacility Est. Project Cost Coliseum Spotlight Replacement (4)WRMC 50,000 Burnett Tandy Street RepairWRMC 150,000 Sidewalks and Flatwork ImprovementsWRMC 200,000 Northwest Exhibit Hall Door ReplacementWRMC 40,000 Bi-Directional AntennaFWCC 151,000 Rehab Arena Fixed SeatsFWCC 525,000 Kitchen Equipment/Improvements/OutletsFWCC 1,700,000 Buffet Stations and BarsFWCC 190,000 Total Year 2 $3,006,000

25. Infrastructure Improvements - Yr 3 Project DescriptionFacility Est. Project Cost Air Wall ReplacementWRMC 525,000 Richardson Bass Stall Area - Replacement of North DoorsWRMC 20,000 John Justin Arena Seat ReplacementWRMC 225,000 Roof Repair & Reseal & Roof over Tower Hallway (w/o rocks)WRMC 1,250,000 WRMC PlattingWRMC 57,000 Auditorium LightingWRMC 700,000 Exterior Light Fixtures and PolesFWCC 60,000 Replacement of 2500 Banquet ChairsFWCC 200,000 Replacement of 6000 Arena Folding ChairsFWCC 360,000 Replacement of 2 Ice Chillers & 1000 Ton ChillerFWCC 725,000 Total Year 3 $4,122,000

26. Infrastructure Improvements - Yr 4 Project Description Facility Est. Project Cost Coliseum TransformersWRMC 400,000 Richardson Bass Amplifier ReplacementWRMC 60,000 Underground RV Cable - ReplacementWRMC 400,000 Barn Restroom RenovationWRMC 50,000 Air Wall RehabFWCC 50,000 HVAC Pipe ReplacementFWCC 100,000 Replace DX ChillersFWCC 500,000 Ceiling Replacement - Meeting RoomsFWCC 50,000 Restroom Renovation - ArenaFWCC 500,000 Total Year 4 $2,110,000

27. Infrastructure Improvements – Yr 5 Project Description Facility Est. Project Cost Temperature Control Valves (22) (Exhibit Hall)WRMC 44,000 West Parking Lot - Seal/CoatWRMC 100,000 John Justin Parking Lot RebuildWRMC 500,000 Exhaust FansWRMC 100,000 Replace Planters around ArenaFWCC 200,000 Replace Ballroom/Pre-Function CarpetFWCC 400,000 Replace Meeting Room/Pre-Function CarpetFWCC 400,000 Telecommunications UpgradesFWCC 150,000 Tree GratesFWCC 100,000 Audio/Visual Equipment UpgradeFWCC 150,000 Total Year 5 $2,144,000

28. Infrastructure Improvements – Summary Total Year 1$2,460,000 Total Year 2$3,006,000 Total Year 3$4,122,000 Total Year 4$2,110,000 Total Year 5$2,144,000 Total Infrastructure Maintenance$13,842,000

29. C&T Fund Balance Available for Infrastructure Maintenance Projected Fund Balance $ 14,361,000 Less Encumbered Projects ($ 894,809) Less Minimum Fund Balance Reserve ($ 4,836,128) Available for Infrastructure Maintenance: $ 8,630,063 Project Needs ($ 13,842,000) Difference ( $ 5,211,937)

30. Next Steps Place a resolution on a future Council agenda to provide: –Final Authorization of Public Events Infrastructure Maintenance Plan to be Funded through Culture & Tourism Fund Balance –Final Authorization to Construct New Equestrian Facility through DFW Rental Car Tax Revenue