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01/22/1998
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01/22/1998
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MV Parks, Recreation & Forestry Commission
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Packet
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Date
1/22/1998
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PROPOSED ESTIMATE <br />1999 RENTAL REVENUES <br />MOUNDS VIEW COMMUNITY CENTER <br />Saturday Rentals: <br />Fifty-one (5 1) Saturdays are available for 1999. Of these, it is predicted that 40 Saturday rentals <br />will be realized for the first year of operation, 1999. A conservative estimate using the resident <br />rental fee of $475 will result in a total revenue projection of $19,000. <br />Friday Rentals: <br />Fifty-one (5 1) Fridays are available for 1999. Of these, it is estimated that 27 Friday rentals will <br />be realized for the first year of operation, 1999. A conservative estimate using the resident rental <br />fee of $425 will result in a total revenue projection of $11,475. <br />Thursday - Sunday Rentals: <br />Fifty-two (52) weeks of Thursdays through Sundays are available for 1999. Of these, it is <br />predicted that 27 days will be rented during this first year of operation, 1999. A conservative <br />estimate using the resident rental fee of $150 will result in a total revenue projection of $4050. <br />Total projected revenue for room rentals in 1999 is $34,525. <br />VENDING MACHINE REVENUES <br />It is expected that appoximately 2 snack and 2 beverage vending machines will be available in the <br />Community Center. In addition, it is expected that 4 arcade games will be located in the teen <br />center area. A conservative revenue projection is $2,000 / year from each machine. The <br />estimated revenue total for 1999 from vending machines is $16,000. <br />Estimated revenues from both rentals and vending machines is $50,545. <br />
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