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Economic Impact to Local Economy
| Local Salaries | | $120,000 | | Local Contract Instructor Wages | | $120,000 | | | | | | | Funds Spent Locally by Ogden Climbing Parks, Inc. for Events | | |
| 2-day Weekend Team Builder - 24 sessions | | $24,000
| | | 5-day Seminars - 12 sessions
| | $90,000
| | | Winter Outdoor Retailer Demo Days
| | $12,000
| | | Summer Outdoor Retailer Demo Days
| | $20,000
| | | World Cup Competition
| | $150,000
| | | National Competition
| | $50,000
| | | | | $346,000
| | | | | | | Room Nights (RN) | | | | | 10% of Out-of town regular fee users - (864 RN x $75)
| | $63,800
| | | 2-day weekend team builder (480 RN x $75)
| | $36,000
| | | 5 day seminars (720 RN x $75)
| | $54,000
| | | Winter Outdoor Retailer Demo Days (420 RN x $75)
| | $31,500
| | | Summer Outdoor Retailer Demo Days (700 RN x $75)
| | $52,500
| | | World Cup Competition (2,000 RN x $75)
| | $150,000
| | | National Competition (667 RN x $75)
| | $50,025
| | | | | $438,825
| | | | | | | Food & Miscellaneous | | | | | Fee users (8,640 x $20) | | $172,800 | | | Team Builders (240 clients x 2 days x $25) | | $12,000 | | | Seminar Clients (144 clients x 5 days x $25) | | $18,000 | | | Winter Demo (300 clients x 2 days x $25) | | $15,000 | | | Winter Demo (60 clients x 5 days x $25) | | $7,500 | | | Summer Demo (500 clients x 2 days x $25) | | $25,000 | | | Summer Demo (100 clients x 5 days x $25) | | $5,000 | | | World Cup (3,000 participants x 2 days x $50) | | $300,000 | | | Nationals (1,000 participants x 2 days x $50) | | $100,000 | | | | | $655,300 | | | | | | | Value of Regional, National & International Promotion & Exposure | | | | | Media impressions represent the number of potential subscribers, | | | | | viewers and listeners that are exposed to media coverage of events | | | | | and advertising of the Ice Tower | | | | | | | | | | Potential media impressions | | | | | Value of media impressions = 1/100th of a cent | | | | | Potential media impressions - 504,018,244 or $50,402 | | $50,402 | | | | | | | Estimated additional dollars infused into the local economy annually | | $1,730,527 | | | | | | | | | | |
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| ICE TOWER
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| | Payback Analysis |
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Sales
| Estimated Revenue or Tax to City |
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| User Fees, memberships, equipment rental, etc
| $192,800
| $1,928
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| Food and Miscellaneous
| $655,300
| $6,553 |
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| Room Tax (1% local option)
| $438,825
| $4,388
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| Property Lease (Assuming contract includes $30,000 per year)
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| $30,000
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| $42,869
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| Initial Investment
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| $200,000
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| Payback Time (years)
| 4.7
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