Laserfiche WebLink
MEMORANDUM <br />TO: Ice Arena Commission, Members <br />FROM: Rich Czech, Arena Manager <br />DATE: Apri] 12, 2012 <br />SUBJECT: Agenda Memo -April 17`~ 2012 <br />5.2011 Financial Update / 2012 Arena Budget <br />Attached for your review is the budget information for the years 2009 - 2012. Tim <br />Simon, the city's Finance Director, will be in attendance to discuss in detail the 2011 <br />final budget numbers. <br />6. Value Engineering Study's for the Arena <br />I have been working with the engineers that are performing the value engineering studies <br />to get their reports by the Arena Commission meeting. Unfortunately at the time of the <br />mailing of the packet I do not have all the studies in hand and the studies I do have I just <br />received and have not fully read them. I will have my comments ready by the time of the <br />meeting on Tuesday. <br />Along with these studies I have included abreak -out of costs and expenditures between <br />the Bam and the Olympic rink using the budget numbers for 2011. I excluded the capital <br />improvements to provide the operations of each rink however I have included the ten <br />Year Capital Improvement work sheet that was developed in the spring of 2011 to give <br />an idea of the improvements to be performed over the next decade. <br />7. Ice Rates <br />Last season the Arena Commission raised the hourly primetime ice rate to $180.00 an <br />hour. Attached for your review are projected hourly prime time ice rates for the 2012 <br />- 2013 season from neighboring Arenas. <br />Prime <br />*Andover $175.00 <br />Brooklyn park $200.00 <br />*Buffalo $165.00 <br />Champlin Park $185.00 <br />Fogerty Arena $165.00 <br />Maple Grove $185.00 <br />Non Prime <br />$140.00 <br />$150.00 <br />$125.00 <br />$145.00 <br />$145.00 <br />$150.00 <br />Moose Sheritt <br />(Monticello) $180.00 $140.00 <br />*NewHope $191.00 $165.00 <br />*Plymouth $180.00 $165.00 <br />