07-12-2012 ICE MIN - Laserfiche WebLink

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Arena Manager Czech states that Finance Director Tim Simon already figured the costs out on a spreadsheet at an earlier meeting. He also notes that since the arena is paid off, some of the CIP will be absorbed when the arena turns a profit at the end of the year. He also inquires to the Commission what we should present to the council. Figure Skating Club President DeAnn Givens suggests looking at the tax implications between project options 3 &4. Councilmember Westgaard also notes that plan 4 included a proshop, which would have an annual revenue, as well as revenue brought in from football storage. Arena Manager Czech notes that Hat Trick or Champlin Sports could be possibilities for the Pro Shop. Commissioner Cunningham notes that Hat Trick is also in the Anoka Arena, and that they contributed to the construction costs. Councilmember Westgaard inquires about adding more bleachers so that we could host tournaments and/or playoff games? He also suggests doing everything at once, and not in parts. Arena Manager Czech discusses the possibility of having curling, and if that would work,having alcohol for sale at the arena- which he notes would need a blessing from the School District. Councilmember Westgaard notes that the City Ordinances would have to be consulted. Danny Lutz, City of Elk River Resident inquires about where the funding would come from for a renovation. Councilmember Westgaard notes it depends on bond rates and budget balancing, and also which options the user groups support. He also states the City may be able to help usergroups with financial support. Lutz discusses the idea of donations. Arena Manager Czech agrees to add the CIP items to the 292 spreadsheet and present it to the council at the meeting in August. He notes the council will also want to know about the usergroups. 5