Form revised February 12, 2004

FISCAL NOTE FOR NON-CAPITAL PROJECTS

Department:	Contact Person/Phone:	DOF Analyst/Phone:
Parks and Recreation	Barry Firth 684-8002	Marilynne Gardner 233-5109

Legislation Title:

AN ORDINANCE relating to the Department of Parks and Recreation; authorizing the execution of a five (5) year concession agreement with two five (5) year options, with Fifth Avenue Sports, LLC to manage, maintain, and provide boat rental services at the Department’s facility at Green Lake Park.

· Summary of the Legislation:

The proposed council bill authorizes the Superintendent of Parks and Recreation to execute a five-year concession agreement for the operation of a boat rental service and sales at Green Lake Park.

· Background: (Include brief description of the purpose and context of legislation and include record of previous legislation and funding history, if applicable):

Boat rentals have been available at Green Lake Park for over 25 years, and have proven to be popular with park visitors. The last concession agreement expired in 2000 and the Department of Parks and Recreation desires to continue this service. A publicly advertised Request for Proposals (RFP) process was completed in 2001. Fifth Avenue Sports, LLC, the sole FRP respondent, met all requirements as set forth in the RFP. DPR will receive a 13% concession fee from net rental receipts per month for 60 months. In addition, the concessionaire will provide all staffing, equipment, supervision, an assistance boat, maintenance, and insurance to support the Department’s boating facility at Green Lake Park.

Fifth Avenue Sports, LLC is currently providing boat rental services at Green Lake Park with a temporary agreement. During this interim period, the Department has been collecting a 13% concession fee from monthly net rental receipts.

· Please check one of the following:

____ This legislation does not have any financial implications. (Stop here and delete the remainder of this document prior to saving and printing.)

__X__ This legislation has financial implications. (Please complete all relevant sections that follow.)

Anticipated Revenue/Reimbursement: Resulting From This Legislation:

Fund Name and Number	Department	Revenue Source	2004 Revenue	2005 Revenue
Park and Recreation Fund (10200)	Parks and Recreation	Concession Revenue related to boat rental services at Green Lake Park – K1240 Contract and Business Resources	$10,000	$10,000
TOTAL			$10,000	$10,000

Notes: Projected revenues are based on a dry and warm summer season and little to no lake closures at Green Lake Park.

Total Regular Positions Created Or Abrogated Through This Legislation, Including FTE Impact: Not applicable.

Position Title and Department*		Fund Name	Fund Number	Part-Time/ Full Time	2004 Positions	2004 FTE	2005 Positions**	2005 FTE**
	TOTAL

* List each position separately

** 2005 positions and FTE are total 2005 position changes resulting from this legislation, not incremental changes. Therefore, under 2005, please be sure to include any continuing positions from 2004

Notes:

· Do positions sunset in the future? (If yes, identify sunset date): Not applicable.

Spending/Cash Flow:

Fund Name and Number	Department	Budget Control Level*	2004 Expenditures	2005 Anticipated Expenditures
TOTAL

* See budget book to obtain the appropriate Budget Control Level for your department.

Notes: Not applicable.

· What is the financial cost of not implementing the legislation?

The cost of not implementing the proposed legislation includes potential loss of annual revenue of $10,000 and the loss of popular boat rental services at Green Lake Park.

· What are the possible alternatives to the legislation that could achieve the same or similar objectives?

There are no other viable alternatives to what is formally requested in the proposed legislation.

· Is the legislation subject to public hearing requirements:

No.

· Other Issues (including long-term implications of the legislation):

Please list attachments to the fiscal note below: