Term Sheet Approved for New Quarry Park Adventures Operator
The Rocklin City Council approved a term sheet on Feb. 12 with Adventure Operations, LLC, a subsidiary of Bonsai Design, to take over as the new operator of Quarry Park Adventures. Bonsai Design built the adventure park, is familiar with the City, and has experience building and operating other aerial courses throughout the U.S.
A formal agreement with Adventure Operations will be presented for Council ratification at the March 12 City Council meeting.
The term sheet calls for Adventure Operations and the City to split revenues 50-50 and for the park to be open seven days a week. The terms also include $300,000 in startup costs and additional money to be set aside in a reimbursable contingency fund. Previously sold pre-paid tickets, season passes and gift cards will be honored.
This initial agreement is limited with a three-year term and a 120-day termination clause so that the City can ensure Quarry Park Adventures meets its potential.
The adventure park will reopen with a new operating structure to ensure the park continues to deliver a great experience for residents and the region. Future updates about Quarry Park Adventures can be found at www.rocklin.ca.us and www.quarrypark.com.
Contact the City of Rocklin with additional adventure park questions by email at QPAInfo@rocklin.ca.us or by phone at (916) 625-5243.