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HomeMy WebLinkAboutContract 1796September 7, 2004 Mr. Robert Streetar Community Development Director City of Columbia Heights 590 40th Avenue NE Columbia Heights, MN 55421 Dear Mr. Streetar: The attached proposal outlines a specific work program and costs to complete a market demand analysis for a community and recreation center in Columbia Heights, Minnesota. As we understand, the proposed facility would combine social, recreational and public facilities under one roof. Fees would be charged to utilize recreational equipment/facilities, rental of meeting room space, among other items. We understand that individual components being considered include multiple gymnasiums, aerobics/workout area, and meeting rooms and that you want to assess the potential usage of the facility from various user groups to assess total demand and potential revenues that may be generated. Our work program includes: definition of an appropriate draw area for the facility (consumer users versus institutional users), quantify number, type and age of households and household composition (i.e. households living alone, households with own children under 18, household size), and survey existing competitive facilities in the area including information on size (square feet), features and amenities, fees, user profile (including proportion of institutional usage), number of meeting rooms (if applicable). We will also identify any pending developments that may compete with the proposed facility. Demand calculations will estimate the potential demand that would be generated from draw area consumer households; demand from institutional users would be derived with assistance from the City in identifying the number and type of institutional users that would use the facility; recommendations will include utilization estimates and estimates usage fees for the facilities. The assignment would be completed for an all-inclusive fee of $7,000.00. We would be able to deliver a draft report to the City within 45 days of date of authorization to proceed to deliver a draft report to the City. We would be pleased to assist you with this analysis. Sincerely; MAXFIELD RESEARCH INC. Mary C. Bujold President '615 1~t Avenue NE, Minneapolis, MN 55413 (612) 338-0012 fax(612) 904-7979 www.maxfieldresearch.corn ield Resca,,ch lac. September 7, 2004 Mr. Robert Streetar Community Development Director City of Columbia Heights 590 40th Avenue NE Columbia Heights, MN 55421 PROPOSAL/CONTRACT FOR PROFESSIONAL SERVICES Maxfield Research Inc. proposes to provide research and consulting services to the City of Columbia Heights (the Client) to conduct a market demand analysis for a proposed community center (recreational facility) in the City of Columbia Heights, Minnesota. The analysis will address the potential utilization, fees, and amenities for the facility in order to optimize usage. SCOPE OF SERVICES D'emographic Analysis 1. Identification of a primary draw area. 2. Identification of a secondary draw area. 3. Analyze primary and secondary draw area growth trends through 2015 including: a. population b. · households c. employment 4. Analyze draw area population and household characteristics through 2015 including: a. age distribution b. household type c. household size d. income distribution 5. Summarize demographic trends as they relate to the potential demand for community and recreational facilities in the draw area and specifically in Columbia Heights. Bo Competitive Market Situation Analysis 1. Inventory public and private recreational facilities in the primary market area. Provide information on: a. size of facility (square feet) b. features and amenities c. ancillary facilities (restaurants, refreshments, retail shop) d. customer profile e. fees f. utilization rates (if available) 615 Ist Avenue NE, Minneapolis, MN 55413 (612) 338-0012 fax (612) 904-7979 www.maxfieldresearch.corn Mr. Robert Streetar City of Columbia Heights September 7, 2004 Page 2 3. 4. 5. g. number of users h. market share Identify amenities in high demand and those in low demand. Identify needs currently not being served. Identify any new trends that would require new types of equipment/facilities. Identify current and future construction of public and private recreational facilities or expansions of existing facilities. Specify amenities to be included. Ba~ed on market area demographic profile and existing facilities, identify and rank amenities according to most/least desired. Identify best and worst practices among competitive facilities, both public and private; identify successful partnerships or conversely, identify features and amenities that are substantially underutilized. Demand Calculations and Recommendations 1. Based on demographic profile, calculate potential demand from consumer user groups. 2. Combine consumer user groups with information gathered from City input on institutional or other public group usage. 3. Develop potential user pool and determine potential usage of various facility amenities. 4. Identify appropriate fee charges for various types of user groups and usage of various facilities. Meetings and Report Preparation 1. Report Preparation. 2. One internal research review meeting. 3. One meeting with city staff to review draft report. Total Cost for Market Demand Analysis $7,000.00 COST OF SERVICES The above Scope of Services will be completed far ~q~.van Thousand ~,~,'o rq'~ nnn r~m including all out-of-pocket expenses and five copies of the final report with payment as follows: a) the balance of the contract amount due in installments at Maxfield Research Inc.'s discretion. An executed copy of this agreement will be required prior to Maxfield Research Inc. beginning work on this analysis. Any meeting time requested by the Client beyond that outlined in the above Scope of Services will be billed in addition at our standard hourly rates for staff time which range from $55.00 to $150.00 per hour. 615 1~t Avenue NE, Minneapolis, MN 55413 (612) 338-0012 fax (612) 904-7979 www. maxfieldresearch.com Mr. Robert Streetar City of Columbia Heights September 7, 2004 Page 3 WORK PRODUCT The Market Demand Analysis will be completed in bound report format. COMPLETION TIME The Market Demand Analysis will be completed within 45 days of receipt of an executed contract and initial payment in the offices of Maxfield Research Inc., unless delayed by unexpected emergencies, forces beyond the control of one or both parties or by written agreement of the parties. PAYMENT All invoices are payable to Maxfield Research Inc. within fifteen (15) days of receipt of an invoice showing the work completed and the direct costs for expenses. A finance charge of one and one-half percent (1.5%) per month will be added to the unpaid balance of each invoice not paid within thirty (30) days. DISCLAIMER The objective of this research assignment is to gather and analyze as many market components as is reasonable within the time limits and projected staff hours set forth in this agreement. We assume no responsibility for matters legal in character. The property/land is assumed to be free and clear of any indebtedness, liens or encumbrances; and good and marketable title and competent management are assumed, unless otherwise stated. If building plans or site plans are included in the report, they are to be considered only approximate and are submitted to assist the reader in visualizing the property. We assume no Certain information and statistics contained in the report, which are the basis for conclusions in the report, will be furnished by other independent sources. While we believe this information is reliable, it has not been independently verified by us and we assume no responsibility for its accuracy. The conclusions in the report are based on our best judgrnents as market research consultants. Maxfield Research Inc. disclaims any express or implied warranty of assurance of representation that the projections or conclusions will be realized as stated. The result of the proposed project may be achieved, but also may vary due to changing market conditions, characteristic of the real 615 Ist Avenue NE, Minneapolis, MN 55413 (612) 338-0012 fax (612) 904-7979 www. maxfieldresearch.com Mr. Robert Streetar City of Columbia Heights September 7, 2004 Page 4 estate industry, changes in facts that were the basis of conclusions in this report, or other unforeseen- circumstances. In the event payment is not received on a timely basis, Max field Research Inc. shall be entitled to a lien against the subject property. This agreement will be construed according to the la~vs of the State of Minnesota. TERMINATION This agreement may be terminated upon written notification of either party to the other. In the event of termination, the Client will pay Maxfield Research Inc. for staff hours performed at the firm's normal hourly rates, plus all expenses incurred through the date of termination. The costs outlined in the Scope of Services shall remain in effect for a period of 90 days from the date listed at the top of this contract. If this proposal meets with your approval, please sign and return one copy to the offices of Maxfield Research Inc. Agreed to this c:~/ day of ,~~ 2004. MAXFIELD RESEARCH INC. Mary C. Bujold President CITY OF COLUMBIA HEIGHTS ~/b~uSrfi~' te;t~a~v ~l~p=-ent Director Don MuYzyn, Jr.- Pff~si~N~nt Waltbr R. F6hst' E{<ecutive Director 615 Ist Avenue NE, Minneapolis, MN 55413 (612) 338-0012 fax (612) 904-7979 www. maxfieldresearch.com