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Parties were the most frequent rental usage and it is predicted that they would continue <br />to'be the most popular usage; however, it is also predicted that weddings, memorials,. <br />and meetings would increase in popularity. <br />Historic sites and -properties are highly desirable for rent. Ravenswood Historic Site in <br />Livermore is only available for rent weekends, November -March and is consistently <br />booked. Ardenwood Historic Farm in Fremont is only available for rent April -October <br />and currently only has 5 days available through 2020. <br />With two well-appointed meeting rooms upstairs, local businesses and community <br />groups could host meetings upstairs. <br />In 2014 rental rates were $200 per hour with a 6 -hour minimum for -100 people in the <br />Century House. Currently, Ravenswood Historic Site has a maximum capacity of 150 <br />people and rents for $285 per hour. A comparative study would be done, to determine <br />what today's rental rates are before deciding on a new rate for the Century House but <br />even if the rate was adjusted to meet the rate at Ravenswood, we would see increased <br />revenue. <br />Staff believes that rehabilitating the exterior of the Century House and providing <br />modern, open spaces inside, would provide the community with a much-needed asset, <br />a variety of programming and rental possibilities, and increased revenue. <br />NEXT STEPS <br />Staff will return to a Parks and Recreation Commission meeting in the near future to <br />discuss potential site planning changes and parking options. <br />ALTERNATIVE ACTION <br />Any other action as determined by the Parks and Recreation Commission. <br />Submitted by:, <br />Heidi. Murphy <br />Director of Library and Recreation <br />