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Amended Agenda Item 3BAGENDA ITEM: SUBMITTED BY: DATE: CITY OF ATLANTIC BEACH CITY COMMISSION MEETING STAFF REPORT Purchase of 54 East Coast Drive Nelson VanLiere, City Manager t:2fCJ June 16, 2016 AGENDA ITEM 38 JUNE 27, 2016 This Agenda item will be amended the middle of next week with additional information including a sample parking layout and some cost projections as well as information on how this can be accomplished. This additional information will be included in an amended agenda packet by Wednesday afternoon. Attached is the previous staff report for informational purposes. AGENDA ITEM: SUBMITTED BY: DATE: CITY OF ATLANTIC BEACH CITY COMMISSION MEETING STAFF REPORT Purchase of 54 East Coast Drive Nelson VanLiere, City Manager c;;?O June 1, 2016 AGENDA ITEM 3B JUNE 27, 2016 BACKGROUND: Recently, it was brought to the City's attention that the property located at 54 East Coast Drive is for sale. Being that this property is strategically located just a short walking distance from our Town Center Business District, I wanted to put forth the topic of the purchase of this property for discussion. The public purpose for the acquisition would be to provide much needed parking to the business district. Discussion points would include the following information: • The need for public parking in the area. • The acquisition price is $1,200,000. These funds are available in the General Fund unrestricted fund balance. A budget ordinance would have to be passed to fund the purchase. • The lot is 130ft by 150ft or 19,500 sq feet. • Changing the current zoning from RG-M to something that a commercial parking lot would be allowed. • Current taxes are approximately $6,000/year, but would increase due to sale of the property. If the City acquires the property, there will be no taxes received. • To develop the site as a parking lot could cost $100,000 to $150,000 depending on how it is constructed. • The number of spaces created would depend on stormwater drainage requirements; a desire to keep some of the trees and the organization of the spaces chosen. Approximately 50 spaces may be configured. • The possibility of making it a paid parking lot to recover the costs over time. BUDGET: The immediate budget impact would be to increase the budget by $1,200,000 plus closing costs and the cost of razing the existing structure. Subsequently, the City would incur cost to make the property useful as a parking lot. RECOMMENDATION: Upon reaching a consensus of the City Commission, direct the City Manager and City Attorney to negotiate a purchase agreement for 54 East Coast Drive for City Commission approval and direct staff to prepare an ordinance amending the operating budget to fund the estimated costs of acquisition. ATTACHMENTS: COJ Property Appraiser parcel information on 54 East Coast Drive Atlantic Beach Zoning Map Aerial Photo of 54 East Coast Drive General Fund Long Term Financial Projection of2016 Photo of House Prope rl y A ppra iser -Pro perty Deta il s AGENDA ITEM 38 JUNE 27, 2016 MCDADE NADINE ESTATE C/0 SANDRA J FE RGU SON Primary Site Address 5'1 EAST COAST DR Atl ant ic Beac h FL 3 2233 Official Record Book/Page 17'178·023 89 T ile :It 9421 LAK E CITY , FL 32 025 FERGUSON SANDRA J 54 EAST COA ST DR Prop erty Deta il RE # Tax District - onsrn_u se # of Buildings Le ga l Dc sc. ~l!bd l v ls lo !J Total Are a ----169737·0010 - USD3 0100 Si ngle Famil y - I Fo r full leg DI desc rip ti on see Land & Legal sectio n below -OJ IOI ATLANTI C BE ACH 19708 Th e sa le of thi s property may res ult In hig her prop erty tllxc s. For more Info rmation go l o Sp ve Our Hom gs and our Property Tax Estim ator . 'In Progf ' property va lues, exe mptions and other supporting Information on this page ar e part of the workin g tax roll and are subJect to chang e. Ce rtlned values li sted In the Volue Sum mary arc those cc rttn ed In October, bu t ma y Include any ofncla l change s mad e afte r ce rtlncallon Lea rn how th e Property Aop mlscr' Q[Oce valuP,S oropcrty . Taxable Values and Exemptions -In Progress Value Sum ma Value Method CA M!\ CAt~A 1----- Toi DI Building Valu e $77,390 .00 $77 ,090.00 Extra Fea ture Valu e $1,292 .00 $1,28 ~.00 ----- ____ ..:..__-!_I $930,000 .00 $1,0 ].0,000.00 $0.00 $0.00 $1,008,682.00 $1 ,098,37~ .00 1---------1 $35 8,983.00 $36 1,495.00 $6 49 ,69 9.00 I $0.00 $73 6,879 .00 I $0.00 ..:..._ __ ...:__ ------ $5 0,000.00 ____ Ta_x_a_b_le Value J...$.:..3_0...:B,~9B_3_.o_o __ ...J....._......;... __ U th ere are no ex emption s applicable to a taxing authority, the Taxable Valu e Is the sa me as the Assesse d Value liste d n bov e In the Value Summ ary box. Co unty/Munici pal Taxab le Va lu e ~ .. ~~~.~~.~~l~~ ................................................ P~.t~~.?.?.:P.Q .1:!9.m.~~~!J .. (!"!~l.. ............................................. :J~~~9.:9.!?. Hom e tea d Banding 196 .0 31( t)(b) (HB) ............................................................................... :. .. H~~.9.9.9:.9.!?. Taxa ble Value $311,495.00 Sales Hlsto Book/Page Sal e Dat e Sale Pri ce 1 m ~·2 m2 J/2/201 6 $100.00 0733 4·0090Q 5/8/1992 $9,000.00 Q3~6 ~·Q0428 5/27/1 97 1 $2,500.00 Qn 1B ·QQ~22 517/l 971 $14,500.00 Extra Fe atures _, SJ RWM D/FIND Taxa bl e Valu e ~~~.S.~~ .. ~a.!~.~ ................................................. t~.!.!~.~.~:Q.Q tl.g m.~g~~.g .. (tJ~) ............................................... : .. m ,.9.QQ :Q.Q Ho me te nd Bandl n9 196.031( I )(b) (HB) ............................................................................... : .... ~r 9.0..9.:!?.Q Taxable Value $311,495.00 Dee d MS -Ml sce ll onoou s WD -Wilr ranty Deed MS -Misce lla neou s MS -Misce ll aneous Unqualifi ed Unqua lifi ed Unqua li fi ed Unqualified School T axa bl e Valu e ~ .......... t~!~.~ ................ -.. -..................... 1?.~! ~! ... ~ ... ~ !:l.~.rn~.~.~~~.~ .. (t1 Xl ................... _ ......................... g~,9.9.Q :99. Taxable Value $336,49 5 .00 Vaca nt/Improved lm prov d l mprov d Vaca nt lmp ro v d Fe atu re Cod e [ Fea ture Descri ption I F l re p l~ce Prefab Dec k Wood en Bldg . l Le ngth 0 I Wid t h I ~0 Total Uni ts 1.0 0 Val ue $<134 .00 $850.00 FPPR7 DKWR2 Land & Legal La nd LN Co.de Use Des criptio n J 0 10 2 RES HD 20-60 UNITS PERAC Buildings Building 1 Building I Site Addre ss 51 EAST COAST DR At lanti c Beach FL 32233 !z onin g I ARG -M Building Typ e 010 1 • SF R 1 STORY Yea r Built 1942 Building Value $77,09 0.00 - Front ISO.OO 20 200 .00 Le al Depth I Land a Land Valu e Category Units :nm! t 30.00 Co mmon ,3.00 Lot $l,020 ,000.0C LN Lega l De$cr lptlon 1 S·G9 21-2S ·29E .'I S 2 fiTl.AN TIC BEACH 3 LOTS 2,•1,6 BLK 2 J;lerncnt Cod e Deta il Ex te tl or Wail 20 20 Face l.lr lck Roof Stru ct 3 3 Gobl e or Hlp RooOn g Cover 3 3 Asph/Co mp hng Int erior Wa ll 3 3 Pla stered lnt Fl oori ng 12 12 Hardwood I nt f loori ng II 11 Ce r Oay Til e http://a pps.coj .n et/PAO _P ropertySearc h/Bas ic/D e tail.aspx?RE= J 6973700 I 0 5/2 9/2 0 16 Pr o pe rty Appraise r -Prope rty D etails AGENDA ITEM 38 JUNE 27,2016 ~Ill! Gro ss Heated Effective Heatin g Fu el •I 4 Electric II rea Ar ea Area Heali ng Ty pe 4 4 for ced·DU ct ed Fin Scr ened 200 0 70 Al r Cond 3 3 Ce ntral Po rc h .-------, Ba e Ar a 1327 1327 1327 Element Code n "~ r 1 finished Op en 16 0 5 L~J _ __.j ~o.::J Porc h Stor l s 1.000 unnn o et Bed roo rns 3.00 0 Garage 32 ·1 0 162 Oa th s l.O OO Tota l 1867 132 7 1564 Roo ms 1 Un l J .OOO Tr aversing Data FSP:10,27:=Wl0 N20 ElO 520 $BAS : 10,32:=N32 E46 527 W29 55 W17 $ FOP:S6,11:=E4 54 W4 N4 $ UDG:88,28:=N1B El B 518 Wl8 $. 2015 Notice of Prooosed Prooertv Taxes Notice {TRIM Notice I!l!!IDII !;!(g[(g Assessed Value Exemptions Taxable Value Last Year Proposed Rolled-back Gen Govt Beaches $358,983.00 $50,000 .00 $3 0S,983 .00 $2,4 95 .36 $2,5 18.58 $2,385.81 Publi c Schoo ls: By State La w $35 8,983 .00 $25,000 .00 $333 ,983 .00 $1,6 74 .5 4 $1,6 26.16 $1,637 .82 By Local Bo rd $35 8,9 83 .00 $25 ,0 00.00 $333 ,983.00 $7 44 .39 $7 50.79 $728.08 FL Inlan d Navig ati on Olst·. $35 8,983.00 $50,000 .0 0 $308 ,9 83.00 $10.56 $10.66 $9.89 Atl anti c Be ac h $35 8,983 .00 $50,000.00 $3 09,983 .00 $1,0 18.97 $1,028 .45 97 0 7 W t r ~1 g ml Ol st. SJ RWM D $35 8,9!!3 .00 $5 0,000 .00 $3 08,983.00 $96 .86 $9 3.41 9 3.~1 Gcn Gov Voted $35 8,983 .00 $5 0,000.00 $306 ,983 .00 $0.00 $0.00 $0.00 Schoo l ooard Voted $35 8,983 .00 $2 5,000 .0 0 $333,9 83.0 0 $0.00 $0 .00 $0.00 Urba n Se rv ice Olst3 $358,963.00 $5 0,0 00 .00 $3 08,98 3.00 ~0 .00 $0.00 $0.00 Totill s $6,0 ~0 .68 $6 ,0 28.0S $5 ,830.38 Ju~lue Asse ssed Value !_~e!.npt !_g!'s __ Taxable Value Last Year $868,3 6•1.00 $356 , 1 3~.00 $5 0,000 .00 $306, J 31.00 ---current Ye ar $1,008,662.00 $35 8,9 63 .00 $5 0,000.00 $308,983.00 -- 2015 TRIM Property Record Card CPRC) Thi s PRC refl ects prop erty detail s and values at th e time of the original mailing of the Notices of Propo se d Prop erty TaK s (TRIM Noti ces ) In Augu st. Property Record Card (PRC) TI1 e PRC accesse d below reflects property detail s and valu es at th e time of Ta x Roll Certification In Octob er of th e yea r II ted. 2.0l!i 2014 • To obtain a hi stori c Property Record Card (PRC) from th e Prop erty Apprai se r's Office, submit your requ e t here: More Information ·onrnct Us I Par ce l Tnx Reco rr!l GIS ~~~P I l1np this nro pe r\y on Googlc ~l nps I Cllv fees Re cord htt p:/ /a pps.coj.ne t/PAO _Prope rty earch/ as ic/D e tail.as px ?R E= 1697370010 5/2 9/20 16 Map ut put ,,,eo ---- ~w• 100737 00 10 J ... ,~-11.00 ···" 114 -u -- , .. ---- ''·" 110 - -·· c:...-,...J()a.c''"',.,._.'' Y.Jiflf ~ddt ... ,, •,I CON) NA!)IN EST AT E ~TCOA8TOR li.ANIIC UEAC I 1))33 .uo ))I) ---··--,, Ml ~iiiJ IKIJ(}I leo ~.,. loook ·P"D' 100 45 17470023&$ JAXGIS Proporty Information 101 ' 4t.J " l!?ll!OOIO ,. 101 ~~ I l ----=====-~ _____ ,,.,,- ~···"' II ,, .. , J " u .• ,,,,l, ,., " .. , .... , .. Ul \ Ill L .~.- -,, ===:::==*::::~U i l11 0 ~:p loo EOC ~ICUIUO Yotn ~~ -o•l DtJCI{pliMI ~ahSII jcPAC ~p no 'ont ... ono on• on ~~AN;I~~E~I • 5 ~~~. ~lA I Olin <21 A !nto1ptls ONEO tannin A ~A ~A OHl,,.,O ULK ' .,, 001 I at; http://g isma ps .coj .ne t/W EBS lTE/D uv a iM ap sS QL/too lb a r.as p '""'' ono Aoyport AGENDA ITEM 38 JUNE 27, 2016 I• VI ~l:lln' '/v ~~I< ~<1>00 ~:""· ~;,',~{ 'I"'J •g ()lit lOII.tO illl ~!JifPCe II\ lA NA ~A " , .. 3D<Y 5/29/20 16 City of Atlanti c Beach tieo_jl'll/hleaf Jn/Onnafion Community Dev elopment I GIS Bill Semele Rood Atlric Bath. Fl 3'Z233 ! Zoning Districts ~CB D Central Business District -CG Commercial, General -CL Commercial, Lim ited -CPO Com mercial, Professional Office -SP Special Pu rpose •uw Light Industrial & Wa rehousing -PUD Planned Un it Develop m ent -SPA Spe cial Pl ann ed Area -CO N Conse rvacion RS-l Residential, Single-Fam ily, Lorge Lo ts RS-1 Residen tial, Single-Family RS-2 Residential, Single-Family RG Residential, General, Two -Family RG-M Residential, General, Multi-Family City of Atlantic B ead1 Official Zoning Map Dcpiro Amcmlrm.-IJU lhrou;h Ordin:mcr: .\"umlx-r!J0-1(}.2 12 D 500 .000 2 .000 3 .000 ... .c; .. .-====~-----F~ ·@@ s ----------------------------------------- l> .... Ci) c rTI 2 2 rTI ~ N ~ :::j N rTI c s: .... 0\ w 0:1 l> '-Cil Cm zz me N)> ..... _ ~ -1 Nm ss: ~w ta City of Atlantic Beach Long Term Financial Plan Projection Summary General Fund Actual Actual Estimate Budget Proj. Proj. Proj. Proj. Proj. Proj. Proj. Proj. Proj. FY-13 FY-14 FY-15 FY-16 FY-17 FY-18 FY-19 FY-20 FY-21 FY-22 FY-23 FY-24 FY-25 Cash Balance Forward 5,999,741 6,178,222 6,522,475 6,603,516 6,603,516 6,109,072 5,842,229 5,652,023 5,759,464 5,959,845 6,499,296 7,052,613 8,082,327 Revenues Taxes 5,069,752 5,044,296 5,191,889 5,489,037 5,697,169 5,913,284 6,137,692 6,370,712 6,612,680 6,863,941 7,124,856 7,395,799 7,677,159 Licenses and Permits 830,708 863,978 880,975 903,350 930,351 958,159 986,800 1,016,298 1,046,678 1,077,968 1,110,195 1,143,386 1,177,570 Intergovernmental Revenues 1,567,424 1,634,354 1,686,170 1,779,142 1,832,284 1,887,020 1,943,398 2,001,467 2,061,279 2,122,885 2,186,339 2,251,696 2,319,015 Charges for Services 2,161,325 2,200,952 2,328,435 2,259,665 2,326,196 2,394,707 2,465,259 2,537,913 2,612,730 2,689,776 2,769,118 2,850,824 2,934,965 Fines and Forfeitures 224,294 93,469 82,320 82,000 84,460 86,994 89,604 92,292 95,060 97,912 100,850 103,875 106,991 Miscellaneous Revenues 280,707 301,347 179,293 163,731 145,303 139,173 136,494 135,004 111,626 113,070 114,556 116,085 57,659 lnterfund Transfers 975,454 1,066,503 999,210 1,045,874 1,071,487 897,776 1,118,766 1,146 291 1,174 548 1 203,556 1,233,335 1,263,376 1,313,362 Total Revenues 11,109,664 11,204,899 11,348,292 11,722,799 12,087,248 12,277,113 12,878,012 13,299,977 13,714,601 14,169,108 14,639,248 15,125,041 15,586,722 Other Financing Sources Total Resources 17,109 405 17,383,121 17,870,767 18,326,315 18 690 765 18,386,186 18,720,241 18,952,000 19,474 065 20 128,953 21138,544 22177,654 23 669 049 Expenditures by Department Governing Body 40,225 38,324 41,315 40,384 40,892 41,412 41,939 42,476 43,022 43,577 44,141 44,715 45,298 City Administration 2,363,786 2,487,038 2,508,734 2,418,498 2,812,328 2,584,362 2,844,004 2,792,896 2,824,837 2,870,576 2,922,650 2,885,531 2,972,051 Planning and Zoning 151,766 116,794 250,710 149,364 157,616 163,604 166,911 171,171 175,774 179,709 182,909 178,355 184,513 Public Safety 4,916,804 5,011,182 5,167,154 5,767,701 6,079,112 6,200,279 6,337,681 6,498,419 6,594,943 6,642,625 6,967,675 6,995,852 7,027,688 Public Works-Streets 1,457,343 1,658,766 1,546,301 1,572,712 1,663,247 1,692,076 1,714,148 1,694,462 1,803,183 1,807,634 1,830,530 1,838,226 1,896,722 Parks and Recreation 1,035,707 1,159,263 1,271,066 1,286,900 1,331,771 1,350,594 1,436,358 1,450,601 1,491,928 1,511,289 1,548,436 1,555,095 1,605,742 General Government 782,697 389 280 481,971 487,240 496 726 511,629 527,176 542 511 580,534 574,246 589,590 597,553 616,629 Total Expenditures 10,748,328 10,860,646 11,267,251 11,722,799 12,581,692 12,543,957 13,068,217 13,192,536 13,514.220 13,629,656 14,085,931 14,095,327 14,348,643 Revenues Less Expenditures 361,336 344,253 81,041 0 -494,444 -266,844 -190,205 107,440 200,381 539,452 553,317 1,029,715 1,238,078 Other Financing Uses 182,855 Total Cash Reserves 6,178,222 6,522,475 6,603,516 6,603,516 6,109,072 5,842,229 5,652,023 5,759,464 5,959,845 6,499,296 7,052,613 8,082,327 9,320,406 Restricted Cash 2,842,745 2,589,502 2,657,904 2,836,042 2,923,853 2,998,196 3,088,386 3,150,151 3,226,447 3,292,379 3,384,299 3,406,334 3,474,163 Unrestricted Cash 3,335,478 3,932,974 3,945,613 3,767,474 3,185,219 2,844,033 2,563,637 2,609,313 2,733,398 3,206,917 3,668,314 4,675,993 5,846,242 Total Exp. & Cash Reserves 17,109,405 17,383,121 17,870,767 18,326,315 18,690,765 18,386,186 18,720,241 18,952,000 19,474,065 20,128,953 21,138,544 22,177,654 23,669,049 Resource Allocation l> Personnel Services 7,002,341 6,889,650 6,820,003 7,453,033 7,655,611 7,849,166 8,071,989 8,207,282 8,368,226 8,512,742 8,742,821 8,689,504 8,815,390 .... G') Operating 3,168,637 3,468,357 3,811,612 3,891,136 4,039,801 4,143,617 4,281,556 4,393,322 4,537,561 4,656,773 4,794,374 4,935,832 5,081,263 c m Capital Outlay 546,350 502,639 635,636 378,630 886,280 551,173 714,673 591,933 608,433 460,141 548,736 469,990 451,990 2 2 m c Transfers Out 31,000 0 0 0 0 0 0 0 0 0 0 0 0 N l> .:..a ::::j Total Expenditures 10 748 8 10,860,646 11,267 251 11 722,799 12,581 692 12,543,957 13,068,217 13 192,536 13,514 220 13,629,656 14 085,931 14,095 327 14 348,643 N m 139 0 s: ~ en w lXI )> '-G'l Cm zz mo N)> '-~~ -1 Nm ss: a.w OJ AGENDA ITEM: SUBMITTED BY: DATE: BACKGROUND: CITY OF ATLANTIC BEACH CITY COMMISSION MEETING STAFF REPORT Purchase of 54 East Coast Drive Nelson Van Liere, City Manager 6? June 22, 2016 This is additional information to supplement the previously provided staff report. A list of cost items to develop a parking lot would include the following: Capital Investment Drawings and Surveys Site Cleaning Site Prep Landscaping Sidewalk Repair Paving/pavers Stripping Wheel stops and signs Fencing/wall Stucco Lighting General conditions and GC fee Contingency Total $11,000 10,000 7,500 10,000 2,500 60,000 500 4,500 12,000 4,000 20,000 20,000 20,000 $182.000 Annual Maintenance Landscaping Electricity Water Kiosk Maintenance Monitoring Total AMENDED ITEM 38 JUNE 27, 2016 $7,200 5,000 2,000 2,000 in-kind $16.200 Conservative revenue projections include an estimate of days not used and days that will have multiple turnover of spaces as well as different projections of revenue with different pricing. These are summarized as follows: Case 1-$3.00 Mon-Wed and $5.00 Thur-Sun Revenues $54,880 Expenses -16,200 Net $38.680 Case 2 -$1.50 Mon-Wed and $3.00 Thur-Sun Revenues $32,550 Expenses -16,200 Net $16.350 Case 3-$5.00 Mon-Wed and $10.00 Thur-Sun Revenues $98,700 Expenses -16,200 Net $82.500 AMENDED ITEM 38 JUNE 27, 2016 Additional Information: To proceed with this project, the Commission will need to commit to an agreement to purchase the property for $1,200,000. Purchase Price Site Development Total Investment $1,200,000 200,000 $1,400,000 Less Private Contribution Less Other Contributions Total Outside Sources < $100,000> < 75 000> < $175,000> Net Investment $1.225.000 Notes: • The other interested party has committed to guaranteeing the valuation if the price exceeds the appraised value, he will make up the difference. • The other party will contribute $100,000 towards the creation of the parking lot and has a good indication that he may be able to secure an additional $75,000. • The City will have complete control of the lot if owned as long as the need exists. It may of course be reverted back to its present status in the future if the parking lot does not work out. • The General Fund has funds above restricted reserves available. This transaction would reduce the cash balance for the purchase price and replace it with an investment in income producing land. A better investment for the City than cash. • This could become the cornerstone of a more extensive parking program for Town Center. The City has met numerous times with the Beaches Town Center to try to find ways to alleviate the parking problems. There have been few solutions that would make as big an impact as this proposal. • The existing "Dirt Parking Lot" that is in the same area is not within the City's control. This has been a parking lot for years without any formal designation as such. The status of this lot could change at anytime depriving citizens of much needed spaces. • The trees on the parcel are mostly on the perimeter. We would be taking down at least one large tree depending on final design. The configuration of the lot would be more specific if we go forward. In my opinion, a treed parking lot would make a better transition into the neighborhood than a multi-story townhome. • The alternative scenario is that the lot is developed as 3 townhomes with a value of $1.5 million each. This equates to about $14,300 in tax revenue to Atlantic Beach for the entire site. • Interest rates are very low for conservative investments like those owned by the City. Therefore, any funds derived by a paid parking lot would be more of a return than those funds invested. In Summary, We have a proposal to finally make a dent in the Town Center parking problem for the benefit of our residents. The funding is available to invest, the businesses in Town Center support it, there are no other lots available that better serve this purpose and we can make this happen now. Residents and visitors have been frustrated with the lack of parking for years. This project is a great way to help the AMENDED ITEM 38 JUNE 27, 2016 residents who visit Town Center on a regular basis have a more positive experience for years to come. The lot will cover its own costs and return some back to the General Fund. RECOMMENDATION: To authorize the City Manager and City Attorney to negotiate a contract to procure the property at 54 East Coast Drive and to include the commitment of the existing buyer to contribute funds towards the project and bring that agreement back to the City Commission for approval along with a Budget Ordinance for funding. ATTACHMENTS: Conceptual drawing of a proposed parking lot layout. Photo of typical Kiosk Revenue Projection details AMENDED ITEM 38 JUNE 27, 2016 -- INMil&IMIQN. 1 IIi :j ·: 1~111'1.1 fiJllfMIIIJJ lJJ)f~ IJNI!WI '~~~ .. AMENDED ITEM 38 JUNE 27, 2016 Ahern Lot Projections-Case 1 35 Spaces Mon Tues Wed Thurs Fri Sat Sun $3.00 $3.00 $3.00 $5.00 $5.00 $5.00 $5.00 Jan 0 0 0 0 1 1 0 Feb 0 0 0 0 1 1 1 Mar 1 0 1 2 1 1 1 Apr 1 0 1 2 2 3 2 May 1 1 1 2 2 3 2 June 1 1 1 2 2 3 2 July 1 1 1 2 2 3 2 Aug 1 1 1 2 2 3 2 Sept 0 0 0 0 1 1 1 Oct 0 0 0 0 1 1 1 Nov 0 0 0 1 1 1 1 Dec 0 0 1 1 1 1 1 Mon Tues Wed Thur Fri Sat Sun Per week x4 weeks per month (48 weeks) Jan $0 $0 $0 $0 $105 $105 $0 $ 210 $ 840 Feb $0 $0 $0 $0 $175 $175 $175 525 2,100 Mar $105 $0 $105 $350 $175 $175 $175 1,085 4,340 Apr $105 $0 $105 $350 $350 $525 $350 1,785 7,140 May $105 $105 $105 $350 $350 $525 $350 1,890 7,560 June $105 $105 $105 $350 $350 $525 $350 1,890 7,560 July $105 $105 $105 $350 $350 $525 $350 1,890 7,560 Aug $105 $105 $105 $350 $350 $525 $350 1,890 7,560 Sept $0 $0 $0 $0 $175 $175 $175 525 2,100 Oct $0 $0 $0 $0 $175 $175 $175 525 2,100 Nov $0 $0 $0 $175 $175 $175 $175 700 2,800 Dec $0 $0 $105 $175 $175 $175 $175 805 3,220 $ 54,880 J> Annual Ex!:lenses .... 3: 100% 90% 80% 70% 60% Landscape $ 7,200 em zZ Revenue $ 54,880 $ 49,392 $ 43,904 $ 38,416 $ 32,928 Electicity 5,000 mC Nm Expenses 16,200 -16,200 -16,200 -16,200 -16,200 Water 2,000 ,:o-~C $ 38,680.00 $ 33,192.00 $ 27,704.00 $ 22,216.00 $ 16,728.00 Kiosk Maintennce 2,000 N=i em Monitoring(1) $ ~3: $ 16,200.00 w c::l Note {1) Lot to be monitored 4 or 5 times a week by existing staff. Case 2 Mon Tues Wed Thurs Fri Sat Sun $1.50 $1.50 $1.50 $3.00 $3.00 $3.00 $3.00 Jan 0 0 0 0 1 1 0 Feb 0 0 0 0 1 1 1 Mar 1 0 1 2 1 1 1 Apr 1 0 1 2 2 3 2 May 1 1 1 2 2 3 2 June 1 1 1 2 2 3 2 July 1 1 1 2 2 3 2 Aug 1 1 1 2 2 3 2 Sept 0 0 0 0 1 1 1 Oct 0 0 0 0 1 1 1 Nov 0 0 0 1 1 1 1 Dec 0 0 1 1 1 1 1 Mon Tues Wed Thur Fri Sat Sun x4 weeks per month Per week {48 weeks) Jan $0 $0 $0 $0 $105 $105 $0 $210 $ 840 Feb $0 $0 $0 $0 $105 $105 $105 $315 1,260 Mar $53 $0 $53 $210 $105 $105 $105 $630 2,520 Apr $53 $0 $53 $210 $210 $315 $210 $1,050 4,200 May $53 $53 $53 $210 $210 $315 $210 $1,103 4,410 l> June $53 $53 $53 $210 $210 $315 $210 $1,103 4,410 ..... s: c:rn July $53 $53 $53 $210 $210 $315 $210 $1,103 4,410 zZ rnC Aug $53 $53 $53 $210 $210 $315 $210 $1,103 4,410 Nrn ,:--~0 Sept $0 $0 $0 $0 $105 $105 $105 $315 1,260 N=i orn Oct $0 $0 $0 $0 $105 $105 $105 $315 1,260 ~s: w c:J Nov Dec Note (1) Jan Feb Mar Apr May June July Aug Sept Oct Nov Dec $0 $0 Revenue Expenses $ $ $0 $0 100% 32,550 16,200 - 16,350.00 $ $ $0 $53 90% 29,295 16,200 - 13,095.00 $ $ $105 $105 80% 26,040 16,200 - 9,840.00 Lot to be monitored 4 or 5 times a week by existing staff. Case 3 Mon Tues Wed Thurs $5.00 $5.00 $5.00 $5.00 0 0 0 0 0 0 0 0 1 0 1 2 1 0 1 2 1 1 1 2 1 1 1 2 1 1 1 2 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 $ $ $105 $105 70% 22,785 16,200 - 6,585.00 Fri $10.00 1 1 1 2 2 2 2 2 1 1 1 1 $ $ $105 $105 60% 19,530 16,200 3,330.00 Sat $10.00 1 1 1 3 3 3 3 3 1 1 1 1 $105 $105 Sun $10.00 0 1 1 2 2 2 2 2 1 1 1 1 $420 $473 Annual ExQenses Landscape Electicity Water Kiosk Maintenanc Monitoring(1) 1,680 1,890 $ 32,550 $ 7,200 5,000 2,000 2,000 $ $ 16,200 l> .... s: em zZ mO Nm ........ 0 N :::::j 0 m ~ s: en w aJ Mon Tues Wed Thur Jan $0 $0 $0 $0 Feb $0 $0 $0 $0 Mar $175 $0 $175 $350 Apr $175 $0 $175 $350 May $175 $175 $175 $350 June $175 $175 $175 $350 July $175 $175 $175 $350 Aug $175 $175 $175 $350 Sept $0 $0 $0 $0 Oct $0 $0 $0 $0 Nov $0 $0 $0 $175 Dec $0 $0 $175 $175 100% 90% 80% Revenue $ 98,700 $ 88,830 $ 78,960 $ Expenses 16,200 -16,200 -16,200 - $ 82,500.00 $ 72,630.00 $ 62,760.00 $ Note {1) Lot to be monitored 4 or 5 times a week by existing staff. Fri Sat $350 $350 $350 $350 $350 $350 $700 $1,050 $700 $1,050 $700 $1,050 $700 $1,050 $700 $1,050 $350 $350 $350 $350 $350 $350 $350 $350 70% 60% 69,090 $ 59,220 16,200 -16,200 52,890.00 $ 43,020.00 Sun Per week $0 $700 $350 $1,050 $350 $1,750 $700 $3,150 $700 $3,325 $700 $3,325 $700 $3,325 $700 $3,325 $350 $1,050 $350 $1,050 $350 $1,225 $350 $1,400 Annual ExQenses Landscape Electicity Water Kiosk Maintennce Monitoring{1) x4 weeks per month {48 weeks) $ 2,800 4,200 7,000 12,600 13,300 13,300 13,300 13,300 4,200 4,200 4,900 5,600 $ 98,700 $ 7,200 5,000 2,000 2,000 $ 16,200.00 l> .... s: em zZ mC Nm ,:--~0 N=i om ~s: w 0:1