2 17 09 Budget Presentation Grand River CenterGrand River Center
FY 2010
PLATINUM HOSPITALITY
PRIVATELY MANAGES
THE CENTER
City is responsible for:
50% of gas and electric
Property, boiler, and general
liability insurance
50% of actual hotel/motel tax
generated by the Grand Harbor
Resort and Water Park
FY 2010 ESTIMATED EXPENSE
$395,048
ESTIMATED REVENUE
$49,350
PROPERTY TAX SUPPORT
$345,698
FY 2009 C.I.P. PROJECTS
Chair and table
replacement schedule
Painted the Spine, Pre-Function
Areas and Meeting Rooms
Projector and Screen
For Exhibit Hall
Paint Exterior -Front
Replace East Doors
FY 2010 CIP PROJECTS
General building maintenance
$50,000 (annual)
Repairs and Maintenance
City is responsible for items in excess of
$1,000 individually and $15,000 in
aggregate in any fiscal year.
Replace Carpet and Paint the Ballroom
Replace pre-function furniture
Replace Plasma Screens
Any questions?