Business Plan for Biocycle and Growout Programs at Memorial Park

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Memorial Park Conservancy

Business Plan for the BioCycle and Native Plant Grow Out Programs Anthony Todd Applied Research Intern Memorial Park Conservancy


Business Plan Overview • Goals • Deliverables • Tasks

• • • • •

Costs Schedules Deadlines SWOT Analysis Future Plans


BioCycle Program Background • Memorial Park experienced a loss of over 30,000 trees following Hurricane Ike and the drought of 2011-2012 • About 10,000 cubic yards of tree material was processed and stockpiled for decomposition • In 2014, the pile of decomposing material combusted due to heat generation, and was then spread out over a 1.7 acre area • Large tree material has continued to be stockpiled in that area since the fire


BioCycle Program Goals & Benefits • GOAL: Utilize endemic biology to eliminate the park’s need to purchase compost and mulch material from external sources. • Ecological benefits: Native input for ecological restoration activities in the park

• Financial benefits: Reduce the need to buy compost from external sources for future restoration projects • Social benefits: Environmental education and interpretation opportunities on the value of reusing waste material to save landfill space and to restore landscapes after natural disasters


BioCycle Program Cost Benefit Analysis • Highest costs are initial expenses for material processing • Potential for cost efficiencies from BioCycle Program activities estimated at $368,000 over the next five years QUANTITATIVE ANALYSIS

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

TOTAL

$225,480.00

$-

$-

$-

$374,280.00

$-

$-

$60,000.00

$60,000.00

$60,000.00

$180,000.00

$148,800.00

$225,480.00

$60,000.00

$60,000.00

$60,000.00

$554,280.00

NONRECURRING

$112,739.00

$-

$-

$-

$-

$112,739.00

RECURRING

$2,600.00

$17,600.00

$17,600.00

$17,600.00

$17,600.00

$73,000.00

TOTAL COSTS

$115,339.00

$17,600.00

$17,600.00

$17,600.00

$17,600.00

$185,739.00

NET BENEFIT OR COST

$33,461.00

$207,880.00

$42,400.00

$42,400.00

$42,400.00

$368,541.00

BENEFITS COST SAVINGS $148,800.00 COST AVOIDANCE TOTAL BENEFITS COSTS


Native Plant Grow Out Program Background • MPC requires a dependable supply of native plants for the Eastern Glades and future park projects • Non-natives historically used for such projects because of fast growth rates and aesthetics • The Memorial Park Master Plan aims to use native plants for restoration and revegetation projects


Native Plant Grow Out Program Goals & Benefits • GOAL: Increase the biological diversity of the park through the propagation of native plants for restoration and revegetation projects • Develop the program as a regional native plant cooperative through partnership with other local nonprofits and environmental groups • Ecological benefits: Increased plant and wildlife diversity in the park; Increased water retention • Financial benefits: Eliminate need to purchase plants from external sources; reduced native plant maintenance • Social benefits: Educational opportunities for volunteers, recreational value due to native species


Native Plant Grow Out Program Cost Benefit Analysis • Capital costs are high in first year to prepare the greenhouse, lath house, and walk-in cooler for operations • Potential cost savings of over $500,000 over the next five years QUANTITATIVE ANALYSIS

YEAR 1

YEAR 2

YEAR 3

YEAR 4

YEAR 5

TOTAL

$18,144.00

$135,600.00

$211,200.00

$211,200.00

$211,200.00

$787,344.00

$18,144.00

$135,600.00

$211,200.00

$211,200.00

$211,200.00

$787,344.00

NONRECURRING

$117,738.14

$-

$-

$-

$-

$117,738.14

RECURRING

$8,150.00

$31,100.00

$31,100.00

$31,100.00

$31,100.00

$132,550.00

TOTAL COSTS

$125,888.14

$31,100.00

$31,100.00

$31,100.00

$31,100.00

$250,288.14

$(107,744.14) $104,500.00

$180,100.00

$180,100.00

$180,100.00

$537,055.86

BENEFITS COST AVOIDANCE TOTAL BENEFITS COSTS

NET BENEFIT OR COST


Conclusions • Although both programs have high initial costs in the first year of implementation, they have the potential to provide a total of over $900,000 in cost avoidance over five years • Ecological and social benefits add increased value to both programs • Long-term programs designed to “preserve, restore, and enhance Memorial Park for the enjoyment of all Houstonians, today and tomorrow”


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