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APPENDIX C3a Facility Revenue Hybrid Management Model <br />16 <br />17 <br />18 <br />A B G H I J K L M <br />Year Zero*Year 1 Year 2 Year 3 Year 4 Year 5 CommentsCategory <br />Rec and Community Center Projections <br />72 <br />73 <br />74 <br />75 <br />76 <br />77 <br />78 <br />79 <br />85 <br />86 <br />87 <br />88 <br />89 <br />90 <br />91 <br />92 <br />93 <br />94 <br />95 <br />96 <br />97 <br />SPECIAL EVENTS, FUNCTIONS, RENTALS 0 18,000 24,000 24,720 25,668 26,652 <br />Therapy, Rehab and Health Care Programming Outsourced rental to health care provider/partner <br /> Therapy time rental 0 0 0 0 0 Showing in Pool rental <br /> Corporate health care programs <br />THERAPY, REHAB, HEALTH SUBTOTAL 0 0 0 0 0 0 <br />Public Memberships/Daily Usage See Membership Worksheet <br />Plan on advance membership drive in Year Zero to help offset <br />Year Zero costs. Launch approximately 3 months prior to <br />opening. <br />Daily Admission 39,534 41,615 43,696 45,881 48,175 See membership worksheet for breakdown of passes. Do not <br />anticipate any change in daily admission passes. <br /> Residents 0 0 0 Anticipate high start up for drop-in admissions in Year 1 as people <br />try out the "new" Rec Center. <br /> Non-residents 0 0 0 <br />12-Punch Pass 29,716 34,960 36,708 37,809 39,700 Punch passes are not offered for fitness only. Do not anticipate <br />any drop in this revenue. <br /> Residents 0 0 0 0 <br /> Non-residents 0 0 0 0 <br />Membership Fees See Membership/Use Market analysis and projection worksheet. <br />Want to review our assumptions, rates, and calculations. <br />Potential for pre-opening advance membership sales. Year 1 is <br />75% of Year 2 projections based on membership model. Growth <br />Year 2 to 3 is 5% and Year 3 on at 3%. <br /> Overall Facility Membership 1,096,610 1,290,130 1,354,636 1,422,368 1,493,486 Year 1 increases to 85% of Year 2 based on Fitness Partner <br />existing members. Also anticipate additional incremental growth <br />of membership in Year 2 by 5% based on Fitness Partner. <br />Anticipate membership fee increase in Year 4 or sooner. <br />FITNESS PARTNER ASSUMPTIONS: Membership in Year 1 <br />accelerated. Anticipate some share of overall membership driven <br />by Fitness Partner. Also anticipate Fitness partner will enhance <br />value of membership-attracting increased membership overall <br />(particularly considering the membership they were able to pull <br />from YMCA). <br />3 of 6 6/1/2021