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crowds and does not promote a place where people would want to stay and socialize during ox after an <br />event. <br />FINANCIAL IMPACT <br />At the January 12 Arena Commission meeting, the Commission approved recommending to the City <br />Council to use the 292 Design Group to move forward with conceptual drawings fox a renovation. The <br />cost from the 292 Design Group was $10,000 plus expenses. Should the project move forward and the <br />292 Design Group be chosen as the architectural firm, $5,000 would be credited back to the first invoice <br />for then services. <br />The Arena Commission proposed paying for the conceptual drawings from the Admissions Surcharge, <br />which $1.00 from each ticket sale to the high school game is taken and put into this fund. Attached fox <br />your review is the spreadsheet indicating where the funds are at now and where they are expected to be at <br />the end of 2011. As you will see the fund balance by the end of the 2010 - 2011 season should pay fox <br />the conceptual drawings, and by the end of 2011 most, if not all, the expenses should be able to be taken <br />out of this fund as well. If expenses go over the amount that is in this fund, it was discussed that the <br />funding could be taken out of the Government Building fund. <br />Even if the project does not move forward this year, the funding for the conceptual drawings will not be <br />wasted as the drawings will still be very useful fox years to come. <br />Attachments <br />2011-2016 Ice Arena Capital Improvement Plan <br />Admissions Surcharge <br />292 Design Group Proposal <br />Action Motion by Second by Vote <br />Follow Up <br />N:\PubGc Bodies\City Coundl\Council RCA\Agenda Packet\02-142011\Atena Renovation.docx <br />