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Agenda Packets - 2021/11/01
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Agenda Packets - 2021/11/01
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Last modified
1/28/2025 4:50:50 PM
Creation date
10/29/2021 11:47:57 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
11/1/2021
Supplemental fields
City Council Document Type
Packets
Date
11/1/2021
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The following provides a brief summary of services that CSL provides with regard to feasibility planning: <br />n ECONOMIC IMPACT ANALYSIS <br />1� J Provide an estimate of the quantitative and qualitative short and long-term economic and fiscal impacts of <br />recreation and tourism or construction and operations of a project or entity on the local area. <br />STRATEGIC PROJECT PLANNING <br />Establish the framework for the initial planning phases of a project and to design an action plan to bring a project <br />from planning to successful operation. <br />W011k MARKET FEASIBILITY <br />Estimate probable market demand for municipalities, sports teams, leagues and facilities projects and identify <br />appropriate market(s) in which to compete. <br />FINANCIAL ANALYSIS <br />© Develop a financial model based upon estimated levels of utilization and patron spending that will reflect important <br />variables that will impact the financial operations of recreation programs/facilities, sports teams, leagues, and other <br />facilities and entities. <br />PREFERENTIAL AMENITIES ANALYSIS <br />Assist in the evaluation, market positioning, pricing, quantity, target markets and successful marketing of <br />preferential amenities. Such amenities include private suites, club seating, loge boxes, personal seat licenses, <br />private clubs and other related concepts. <br />FACILITY FUNDING ANALYSIS <br />Identify funding alternatives that could be available to support various initiatives and to develop a strategic funding <br />plan. This analysis can also be used to initiate the process of identifying prospective interest in all components of <br />the financing plan and to evaluate the level of private or public sector funding that may be necessary. <br />j FACILITY DESIGN CRITERIA <br />��.•dd Assist in defining optimal size and configuration criteria for a recreation, sports, or entertainment facility within a <br />given market. <br />LITIGATION ASSISTANCE <br />Assist parties in litigation regarding economic or market issues related to the recreation, sports or <br />entertainment industry. <br />NEGOTIATION ASSISTANCE <br />Assist in reaching negotiated development, relocation, lease and management agreements with a variety of <br />parties, including facility management, concessionaire and other such parties. <br />STRATEGIC PLAN DEVELOPMENT AND IMPLEMENTATION <br />Assist in the development and implementation of a strategic business plan. This includes the consideration of the <br />organization of the development, construction, operational and legal teams. In addition, this step will assist in <br />developing the appropriate pricing and inventories for general and premium seating, establishing a marketing plan, <br />and selecting various facility contractors (i.e. concessionaires, media, etc.). <br />VALUATION ANALYSIS <br />Develop exposure -based calculations of the fair market value of a property, relying on a variety of both <br />quantitative (on -site visibility, broadcast exposure, paid and earned media) and qualitative (property prestige, <br />track record with sponsors, loyalty of audience and degree of sponsor protection) factors. <br />CSL International - Indoor Amateur Sports Facility Qualifications Page 3 CS <br />
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