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pwr Arffill� `` �� e" .. i._ 1 1 i _- - - .. FEASIBILITY ANALYSIS FOR ANEW COMMUNITY RECREATION & AQUATIC COMPLEX SIDNEY, MONTANA In 2015, CSL was engaged by the Richland Community Complex Board of Directors (Board) to conduct a feasibility analysis for the potential development of a new multipurpose event center in Sidney, Montana. The Board's vision was to develop a unique event venue capable of hosting a variety of event types to maximize community recreation and event space, while providing an opportunity to develop a tourism asset for the market and eastern Montana region. We conducted a detailed analysis of local community assets, exploring opportunities to enhance existing space first before developing new event space. This analysis also provided insight into the potential operational implications of new community recreation and event space on existing facilities. Our extensive research included analysis of local community demographics and future growth projections, the competitive regional facility environment and outreach to potential new users of Sidney event space. Ultimately, the identified building program consisted of an indoor recreation and aquatic facility, workout facilities, meeting and event space and other such amenities. We developed a detailed model of projected financial operations and economic impacts based on research of pricing and operational models of competitive regional facilities and comparable facilities throughout the country in markets similar to Sidney. Additionally, we leveraged research from an on-line email survey of residents and stakeholders designed to identify interest levels and the community's willingness to pay for access. Further, we created detailed case studies of funding mechanisms employed in other communities, analyzing strengths and challenges of implementing each in Sidney. CSL International -Indoor Amateur Sports Facility Qualifications • Page 13 CSL