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United they stand: in an era of tight budgets, enterprising organizations from nonprofits to school districts are joining forces to develop aquatics facilities they otherwise couldn't afford. Could it be right for you?(The Money Issue)(HFE-Horizon)

Aquatics International

| April 01, 2005 | Mogharabi, Shabnam | COPYRIGHT 2005 Hanley-Wood, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Kyla Brown's city had a problem. Its 40-year-old waterpark was deteriorating. Maintenance and upkeep costs were draining the city of much-needed cash. And attendance was dropping faster than a kid rushing down a slide.

Enter David Busch. The president of HFE-Horizon had a solution, albeit unconventional. His private company retrofits existing aquatics facilities and expands them into micro-waterparks--highly themed facilities on about 7 acres with up to 12 slides, wave pool and children's area that are typically called Hawaiian Falls Adventure Parks. Under his plan, Horizon would front all the cost of construction, and oversee the operation and maintenance of the ...

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Source: HighBeam Research, United they stand: in an era of tight budgets, enterprising...

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