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8/15/2012 5:22:32 PM
 
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Section 5: OPA Board Subject: Vote YES on YC Referendum Msg# 839651
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Based upon the 3 year statistics provided by OP the second floor usage calculates to weekly usage of only 2.78 days.
Not sure what your point is but if the Treasurer's numbers are correct the catering, regardless of days per week used, makes about $100,000 per year operational profit over last three years. and I can not find where it is included, is the 15% --$585,000 in contingency money. Ted Moroney can verify, but the contingency is in there. However, it is not 15% but 5% for a new building. A rehab has a higher 15% coningency. Again, Ted can verify. |
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For reference, the above message is a reply to a message where: Prior to voting take in account the need for a second floor on the new building proposed. Based upon the 3 year statistics provided by OP the second floor usage calculates to weekly usage of only 2.78 days. The rest collecting dust? Bigger is not always better. Look at the numbers provided for a turnkey building. I believe the contract is for $3.95 +- million and another $300,000 for kitchen, furnishings, landscaping, etc. and $156,000 for preliminary work. On top of all that, and I can not find where it is included, is the 15% --$585,000 in contingency money. That needs to be included in the amount to be spent. |
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