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<br />CENTENNIAL HOCKEY ASSOCIATION ICE FACILITY DEVELOPMENT
<br />
<br />Initial Development Cost to City - $8,000 per year for two years (total of $16,000)
<br />Source: General Fund Capital Outlay (see attached CIP)
<br />
<br />Ice Time
<br />Number of Hours Per Year (16% of 480 hours): 76.80
<br />Current Cost Per Hour: $ 160.00
<br />Year Inflation Factor
<br /> 2.5% 3.0% 3.5% 4.0% 4.5% 5.0%
<br />1 $ 12,595.20 $ 12,656.64 $ 12,718.08 $ 12,779.52 $ 12,840.96 $ 12,902.40
<br />2 $ 12,910.08 $ 13,036.34 $ 13,163.21 $ 13,290.70 $ 13,418.80 $ 13,547.52
<br />3 $ 13,232.83 $ 13,427.43 $ 13,623.93 $ 13,822.33 $ 14,022.65 $ 14,224.90
<br />4 $ 13,563.65 $ 13,830.25 $ 14,100.76 $ 14,375.22 $ 14,653.67 $ 14,936.14
<br />5 $ 13,902.74 $ 14,245.16 $ 14,594.29 $ 14,950.23 $ 15,313.08 $ 15,682.95
<br />6 $ 14,250.31 $ 14,672.51 $ 15,105.09 $ 15,548.24 $ 16,002.17 $ 16,467.10
<br />7 $ 14,606.57 $ 15,112.69 $ 15,633.77 $ 16,170.17 $ 16,722.27 $ 17,290.45
<br />8 $ 14,971.73 $ 15,566.07 $ 16,180.95 $ 16,816.98 $ 17,474.77 $ 18,154.97
<br />9 $ 15,346.03 $ 16,033.05 $ 16,747.28 $ 17,489.66 $ 18,261.14 $ 19,062.72
<br />10 $ 15,729.68 $ 16,514.04 $ 17,333.44 $ 18,189.24 $ 19,082.89 $ 20,015.86
<br />11 $ 16,122.92 $ 17,009.47 $ 17,940.11 $ 18,916.81 $ 19,941.62 $ 21,016.65
<br />12 $ 16,525.99 $ 17,519.75 $ 18,568.01 $ 19,673.48 $ 20,838.99 $ 22,067.48
<br />13 $ 16,939.14 $ 18,045.34 $ 19,217.89 $ 20,460.42 $ 21,776.75 $ 23,170.86
<br />14 $ 17,362.62 $ 18,586.70 $ 19,890.52 $ 21,278.84 $ 22,756.70 $ 24,329.40
<br />15 $ 17,796.69 $ 19,144.30 $ 20,586.69 $ 22,129.99 $ 23,780.75 $ 25,545.87
<br />16 $ 18,241.61 $ 19,718.63 $ 21,307.22 $ 23,015.19 $ 24,850.88 $ 26,823.16
<br />17 $ 18,697.65 $ 20,310.19 $ 22,052.97 $ 23,935.80 $ 25,969.17 $ 28,164.32
<br />18 $ 19,165.09 $ 20,919.50 $ 22,824.83 $ 24,893.23 $ 27,137.79 $ 29,572.54
<br />19 $ 19,644.21 $ 21,547.08 $ 23,623.70 $ 25,888.96 $ 28,358.99 $ 31,051.16
<br />20 $ 20,135.32 $ 22,193.49 $ 24,450.53 $ 26,924.52 $ 29,635.14 $ 32,603.72
<br />Total $ 321,740.07 $ 340,088.66 $ 359,663.26 $ 380,549.55 $ 402,839.18 $ 426,630.17
<br />
<br />Value of Passes & Free Day Per Year (present value)
<br />
<br />Passes
<br />Free Session
<br />
<br />48
<br />25
<br />
<br />$
<br />$
<br />
<br />4.00 $ 192.00
<br />4.00 $ 100.00
<br />
<br />Total $ 292.00
<br />
<br />Intangible -- Right to purchase 25 hours per season for 20 years
<br />
<br />-f~
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