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Agenda Packets - 2022/06/06
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Agenda Packets - 2022/06/06
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Last modified
1/28/2025 4:48:22 PM
Creation date
6/3/2022 9:58:56 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
6/6/2022
Supplemental fields
City Council Document Type
Packets
Date
6/6/2022
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0 COST / BENEFIT ANALYSIS DRAFT COPY <br />Summary & Key Projections <br />Based on analysis results, a summary of key cost/benefit projections for a Youth and Amateur Sports Complex in Mounds View <br />associated with its construction and annual operations is presented below (upon stabilization of operations, assumed to occur by <br />the fourth full year of operations). <br />ANNUAL ANNUAL NON -LOCAL ANNUAL <br />ATTENDEE DAYS ATTENDEE DAYS HOTEL RM NIGHTS <br />901300 0 38,800 1,600 <br />ANNUAL FINANCIAL CONSTRUCTION CONSTRUCTION <br />is <br />OPERATING RESULTS - COSTS O ECONOMIC IMPACT <br />_ <br />$16;500 - $9.95M $8.4 M <br />ANNUAL ANNUAL ANNUAL <br />DIRECT INDIRECT/INDUCED ECONOMIC <br />O SPENDING SPENDING OUTPUT <br />$3.1 M + $2.1 M - $5.2M <br />ANNUAL ANNUAL 0 ANNUAL <br />PERSONAL EMPLOYMENT TOURNAMENT & <br />gs INCOME (FULL & PART-TIME JOBS) PRACTICE HOURS <br />$2.1 M 69 31970 <br />`..ice L Feasibility Study of a Potential new Youth and Amateur Sports Complex in Mounds View, Minnesota • Page 62 <br />
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