04-05-2005 ICE MIN - Laserfiche WebLink

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Ice tlrena Comrnissian Minutes Apri15, ?005 Page 2 Discussion took place and it was the consensus of the Commission that they liked the idea of having signs displaying former players turned professional at the Arena. Mi. Madsen stated that he will research the signs further and hopes to come back before the Commission at the August meeting so the signs could be up before the fall season begins. 4,1. Election of Officers MOVED BY COMMISSIONER MALZAHN AND SECONDED BY COMMISSIONER POLSTON-HORK TO ELECT THE FOLLOWING OFFICERS TO THE ICE ARENA COMMISSION FOR 2005: SECRETARY -DAVE HALGREN VICE CHAIR -RONALD JOHNSON CHAIR -DALE MARTIN MOTION CARRIED 7-0. 5. Review 2004 Operating Finances/Current Information on 2005 Financial Status Finance and Administrative Services Director Lori Johnson reviewed the Account Revenue and Expenditure Summary. Ms. Johnson reviewed the 2004 financial information and discussed the transfers from other funds of x$464,537 for the floor and $39,260 to cover the operating deficit. She indicated that revenues were up considerably from 2003, but at a level sunilar to 2002, because in 2003 the Bai7z was not in use part of the year because of the floor problem. She reviewed the draft 2005 budget and indicated that the budget has increased in 2005 mainly due to increased utilitST costs and additional recreational programming. Ms. Johnson stated that contributions from other CitS~ funds total $1,201,452 from 1997 to 2004. 10. Concession Stand Parks and Recreation Director Bill Maertz indicated that the city received a request from Elk River Youth Hockey requesting that the concession stand annual lease amount be lowered. Mr. Maertz explained that the lease payment began as Ella River Youth Hockey's contribution to the Arena when a second sheet of ice vas installed after the city took over operations at the Arena. Mr. Maertz further explained that the Arena cannot afford to lower the concession stand lease payments when the Arena continues to lose money each year due to building debt payments. Mi. Maertz indicated that the city is also concerned that the concession stand has not been open during many peak times which causes Elk River Youth Hockey to lose money and also reflects poorly on the Arena. Commissioner Farber stated that he also doesn't believe the city is in a position to lower the lease payment of the concession stand. He also stated that if Youth Hockey doesn't have the ability to keep the concession stand open and staffed during peak hours and varsity games,