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City of <br />Elk - <br />River <br />To <br />City Council <br />Meeting Date <br />November 4, 2024 <br />Item Description <br />FT Center Leased Space Rental Rate <br />Request for Action <br />Item Number <br />11.1 <br />Prepared By <br />Joe Stremcha, Business Services Director/Assistant <br />City Administrator <br />Reviewed by <br />Cal Portner <br />Tina Allard <br />Action Requested <br />Discuss the FT Center Leased Space as the 2022-24 contract will expire in December. <br />Background/Discussion <br />The City Council has a standing agreement with Elk River Youth Hockey Association for use of various leased <br />spaces in the facility. <br />The City Council was provided this information on September 16, 2024, and the MFAC was invited to <br />participate in future discussions as directed. <br />Financial Impact <br />The various facility rates have a direct impact on the FT Center budget. <br />Mission/Policy/Goal <br />Responsible for every dollar - good stewards. <br />Attachments <br />I. 2022-31 ERYH Lease <br />2. FT Center Lease Space Rates <br />The Elk River Vision <br />A avelcoming community with revolutionary and spirited resourcefulness, exceptional service, and community p p W E R E U A Y <br />engagement that encourages and inspires prosperity <br />106 <br />