An Introduction to the SCC

1. An Introduction to the SCC Scarsdale Community Center “Building the Future Today”

2. Our Objective A New Scarsdale Institution • Programs for All Ages • Housed in a New Facility • Build on Successes of Library and Outdoor Pool = Enrich Life in the Community

3. Agenda Site Selection Facility Design Programs Management Finances

4. Site Selection

5. 9 Potential Sites Were Evaluated

6. 7 Criteria Used to Rate SitesIndicates KEY Criteria

7. Overall Site Ratings

8. Outdoor pool adjacency: 5th and 6th pool to ease overcrowding More swim instruction & other summer programs Co-location enables resource-sharing, savings Scored high on all 7 site-selection criteria Space not earmarked for a playing field Large enough for a 20,000 sq. ft. footprint Access to outdoor pool parking (under-utilized Fall through Spring) Recommended Site: Bushin Property

9. Facility Design

10. Space Allocation Footprint = 20,000 Sq. Ft. Total Area = 29,800 Sq. Ft.

11. Multi-Purpose Community Area • Space for 6 simultaneously scheduled classes (opens up for larger space for concerts, large meetings) • Raised platform to serve as “stage” (for public assemblies, parties and dances) • Soundproofed aerobics room with shock-proofed floor

12. Aquatic Area • Main Pool - 8 lanes, 25 yards long, 4 to 8 feet deep • Deep-water diving “L” - off the deep end of the pool (20 x 30 feet, 12 ft. deep) • Shallow, warm-water pool - 20 x 40 feet • Indoor-outdoor technology so pools can open to outdoor pool in summer

13. Fitness Equipment Area • Treadmills, stationary bikes, stair climbers, and other aerobic equipment • Nautilus stations and other weight-training machines

14. Common Shared Facilities • Locker rooms • Offices and administrative space • Small kitchen • Vending machines • Child-care room • Rest rooms

15. Programs

16. Research Findings • Basis • Study of 55 recreational facilities located around the U.S. • Detailed telephone calls • On-site visits • Review of informational materials

17. Research Findings • Most successful facilities offer pools that meet needs of different user groups at the same time • (Seniors, disabled, and preschool children prefer shallow, warm pools) • There is a substantial market in swim classes for preschool and school-aged children • Pools in school buildings tend to be more school-oriented and less community-oriented • Recently built pools adopt a community center model, offering a variety of “wet and dry” activities appealing to a broad array of users

18. Aerobic,Exercise,Dance, Yoga Birthday Parties Meetings & Classes Drama & Fine Arts Kitchen for Parties &Cooking Classes H.S Plus Children Adults/Seniors All Ages All Ages Potential Programs and Activities Multi-Purpose Space:

19. Potential Programs and Activities Main Pool:

20. Potential Programs and Activities Warm Water Pool:

21. Potential Programs and Activities Diving “L”; Deep Water:

22. Potential Programs and Activities Fitness Equipment Center:

23. Management

24. Background • Management of the more successful community centers were characterized by their • - devotion to programming • - community-oriented nature • - entrepreneurial spirit • Complex programming opportunities have best been exploited by • - entrepreneurial persons • - incentivized as in the private sector

25. Recommendations • Form a non-profit community organization to manage the SCC • - Management would be pursuant to an agreement with and subject to limitations imposed by the Village. • - The model for the management is the Scarsdale Library

26. SCC Finances

27. Validation • Thomas Group concluded that the facility cost estimate should be increased 7.5% from $7.9 M to $8.5 M • Village staff report: acceptable risk is $360,000 per year

28. Projection Modifications • Changes from the original projections • 14% increase in membership rates • 7.5% increase in projected construction costs • 25% discount in membership rate for seniors • The result is • projections with lower risk • projections reflect Village staff and consultant comments

29. Operating Revenue = $1,365,000 Membership = $854,000 Program Income = $391,000 Add’l Income = $120,000

30. First Year Cash Flow Operating Revenue $1,365,000 Operating Expense 720,000 Interest Income (32,000) Interest Expense 218,000 Net Cash Flow $459,000

31. Reserve Cushion • Reserve balance grows from $459,000 after year one to $1.6 million after fifth year of operation • Result - a significant cushion protects against the need for taxpayer support

32. Sensitivity of Reserve Cushion to Projection Shortfall • Assume: • Only 75% of the projected membership is achieved • Only 50% of the projected income from aquatic and other programs is realized • No attempt is made to curtail expenses • Average annual "at risk" position for this scenario = $170,000 thru year five

33. Further Risk Mitigation • The Subscription Program: the Committee seeks 1,200 members to commit to membership for three years and to prepay the third year. • 1,200 members will result in committed income of $1.9 million with $640,000 cash collected.

34. Further Risk Mitigation If this level of commitment can be achieved, we believe community support for the proposed SCC will be demonstrated and the risk of any taxpayer support ever being necessary will be negligible.

35. Membership Campaign Theme Give a Gift To Your Community Become a Founding Member of the Scarsdale Community Center and help make it a reality in 2004!! Join on line: www.scarsdalecommunitycenter.org