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<br />Request for Action <br /> <br /> <br /> <br /> <br /> <br /> <br />To Item Number <br />Multipurpose Facility Advisory Commission 8.2 <br />Agenda Section Meeting Date Prepared by <br />Old Business August 14, 2023 Tim Dalton, FT Center Superintendent <br />Item Description Reviewed by <br />Ice/Room/Turf Rates 2023-2024 <br />Reviewed by <br /> <br /> <br />Action Requested <br />Approve by motion the 2023-2024 Ice/Room/Turf rates. <br />Background/Discussion <br />At the June 12, 2023, meeting the MFAC changed the Ice/Room/Turf agenda item to be “discussion only” after <br />Chair Williams requested its removal due to his absence. At the July 10, 2023, special meeting, the consensus of <br />commissioners was to table the vote until the August 2023 meeting. Attached is the information that was part of <br />the June 12, 2023 and the July 10, 2023 packets and some additional information pertinent to the decision. <br /> <br />Staff is recommending the ice rate adjustment be tied to the average five-year inflation rate, in this case 4.42%. By <br />utilizing this strategy, the 2023-24 rates would be: Prime $250.61/Hour and Non-Prime (reduced) $187.96/Hour. <br /> <br />Additionally, staff suggests the MFAC consider a revision to the prime and reduced ice rate format. Currently, all <br />hours sold between September 1 and March 14 are considered prime, and all hours between <br />March 15 - August 31 are considered reduced regardless of the time of day. If the prime rate was effective year- <br />round, with discounted rates from 6a (early morning) - 2p on school days only, the impact would have been an <br />additional $12,169.80 in revenue in 2023. <br /> <br />Summer and off-season ice is more expensive to maintain and there is now consistent demand for off - season ice. <br />In addition, most off - season ice users have contracts determining their ice rates, so the prime and reduced rates <br />only apply to a small percentage of users. This would allow the FT Center to set ice rates closer to the actual cost <br />of providing the service. <br /> <br />Staff recommends a $5/hr. adjustment to all Fieldhouse hourly rental rates. Note, these rates have not been <br />adjusted since the facility opened 2020. <br /> <br />Financial Impact <br />Establishing rates consistent with the demand for facility use will allow the FT Center to reach budgetary goals. <br /> <br />Mission/Policy/Goal <br />Establishing rates consistent with the caliber of our facility allows us to sustain operations. <br /> <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br /> <br />service, and community engagement that encourages and inspires prosperity. <br /> Updated: August 2020 <br /> <br />