1. Multi Purpose Facility Addition
To the Howelsen Ice Arena

2. The Discussion History Qualification Facility Financials Landscape
Impact
Schedule
Conclusion

3. The History 2017 *Howelsen Hill Vision Plan *FDP Submittal 2015
1970’s Roots and Vision Established
Outdoor Rink
1980’s - 90’s
Usage Expands
Roof the Rink
1990’s – 2000’s
Steamboat Springs Parks and Recreation Master Plan
2009
Howelsen Park Draft Master Plan
2015
2015
*Parks & Rec Endorsement for Multi-Use Facility
*Private Donor
2016
*CIP Budget identifies project in 6 year plan Allocating $750,000

4. Qualification 120,000+ GUESTS/YEAR 18,000+ Tournament Attendees
1,500+ Junior Hockey Visitors
Bumper Cars
Other Drivers
Box Lacrosse & Adult Hockey Tournaments
Soccer, baseball and lacrosse camps
SSWSC cross training, concerts, conferences, non- profit events, expo’s……………………
Meet each of the 1986 ballot criteria
Only a capital project or capital improvement will qualify
The project must promote tourism in Steamboat Springs
The project must enhance the vitality of Steamboat Springs as a destination resort
The project must enhance the community identity of Steamboat Springs
The project must enhance the environmental desirability of Steamboat Springs
The project must enhance the economic health of Steamboat Springs
Start in 2018
Be on public property or ensure public access through an easement or other legal tool

5. Public/Private Investment Free Intro to Hockey & Learn to Skate
Qualification
Public/Private Investment
Free Intro to Hockey & Learn to Skate
Leverage
Employee costs
Utilities & Infrastructure
Meet enhanced RFP preferences
Conform to an existing adopted plan
2009: Steamboat Springs Parks and Recreation Master Plan
2015: Howelsen Park Draft Master Plan
2017: Howelsen Hill Vision Plan
Are able to be completed in 2018
Are located within the city limits
Have public ownership
Demonstrate partnerships and/or leveraging opportunities
Can be utilized in multiple seasons

6. The Facility

7. The Facility Key Specifications Site Analysis Charrette
Building Program – Identified User Requirements
25,806sf covered facility
3,997sf in permanent lockers
4,346sf in additional lobby space
102’ x 253’ ice surface
Metal building
Refrigeration
Bleachers

8. The Financials Capital Budget: $4.3m Plan B: $2,550,000
Concrete foundation
Slab
Metal structure/Roof
Refrigeration
Enclosed connected and finished Locker rooms with showers
Parking expansion
Un-programmed space for multi use
Expanded and renovated Lobby including un-programmed areas
Bleachers
Public Bathrooms
External enhancements
Plan B: $2,550,000
Concrete foundation
Slab
Metal structure/Roof
Refrigeration
Modular Locker rooms
Un-programmed space for multi use

9. The Financials Need to Know Leveraging the existing asset
Year
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027 1 2 3 4 5 6 7 8 9 10
Growth Capital
(4,300,000)
Incremental Revenue
204,450
208,767
212,630
216,289
219,996
224,376
229,054
234,408
239,311
244,566 -
Gross Margin
Labor
67,285
68,294
69,319
70,358
71,414
72,485
73,572
74,676
75,796
76,933
Expenses
94,782
98,190
97,106
100,987
146,734
102,960
108,707
106,157
105,418
131,927
Contribution
42,383
42,283
46,205
44,944
1,848
48,931
46,776
53,575
58,098
35,706
Standalone EBITDA
Depreciation
(71,667)
EBIT
(29,284)
(29,384)
(25,462)
(26,723)
(69,819)
(22,735)
(24,891)
(18,091)
(13,569)
(35,961)
EBIAT
Plus: Depreciation
71,667
Less: Maintenance Capital
(278,100)
Run Rate Cash Flow
(242,394)
Need to Know
Leveraging the existing asset
Positive cash flow
Conservative model based on largely commitments
Covering operating and maintenance
Additional revenues identified not included
Bumper Car additional revenue $20K
Baseball revenue $12K

10. The Landscape Breckenridge Crested Butte Fraser Gunnison
Glenwood Springs

11. *Commence Fundraising
The Impact
*Commence Fundraising
*Receive Approvals
Fall
* Select Contractor
* Bid project
Winter
* Break Ground
Spring
* Open
Fall
Steamboat Springs Youth Hockey Association
Steamboat Springs School District
Steamboat Skating Club
Steamboat Soccer Club
Yampa Valley Youth Baseball
Steamboat Youth Lacrosse
Steamboat Girls Lacrosse
Steamboat Springs Winter Sports Club
City of Steamboat Springs
Residents, Guests and Businesses of Steamboat Springs
Lodging Community – Revenue generation for our core funding mechanism
The Schedule

12. The Conclusion Meets all core and preferential RFP requirements
Beneficiaries spread throughout community
Plan has been identified for almost 20 years
Expanding demand warrants project
Unique opportunity for public/private partnership
Financially self-sufficient
Positive economic impact
Ability to drive visitation all year round, including Spring and Fall
Reinforce identity of top family destination in North America

13. Thank You