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Presentation - Item 1 Budget Work Study Session
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Presentation - Item 1 Budget Work Study Session
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5/20/2025 5:45:55 PM
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City Clerk
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5/15/2025
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• City Council expressed interest in expanding stadium seating <br />from 9,000 to 11,000 but requested more information <br />• Preliminary analysis indicates the added capacity could <br />generate $258,000 in annual revenue, which means the <br />payback period exceeds 20 years <br />• Staff recommends further analysis to develop a plan with a 10- <br />year return on investment <br />o The evaluation will include a variety of targeted <br />improvements and fee structures, along with resulting <br />revenue expectations <br />• Update expected by December, 2025 <br />i�01-Adh�' <br />
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