Laserfiche WebLink
14. ERYHA agrees to rent 1,200 hours of ice time each skating season <br />(September 1-April 1) from 1997-98 through 2012-2013. <br />15. Ice time rental rates for ERYHA shall be set by the City at an amount that is <br />competitive with similar facilities in the Twin Cities Metropolitan Area and sufficient to <br />ensure the financial viability of the Ice Arena complex. Ice time rental rates shall be set <br />by April 1 for the following skating season. The rental rate schedule shall identify the <br />"prime time" (6:30 a.m. - 9:.30 p.m.) hours for that season. <br />16. The Ice Arena Manager, in consultation with the Ice Arena Commission and <br />subject to approval of the City Council, will develop a set of policies for allocating and <br />selling ice time to the various users of the Ice Arena Complex. These policies will be <br />consistent with the City's agreements with ISD 728 and ERYHA regarding the allocation <br />and cost of ice time: <br />LEASED SPACE <br />17. In addition to ice time rental, ERYHA will lease the following spaces within <br />the Ice Arena Complex from the City: <br />a. Concession stand. <br />Arena. <br />b. Storage, office space and meeting rooms in the Original Ice <br />18. The City and ERYHA shall enter into a lease in the form attached as Exhibit <br />D hereto for the Ice Arena Complex concession- stand located as shown on Exhibit B to <br />the lease. <br />19. The City and ERYHA shall enter into a lease in the form attached as Exhibit <br />E hereto for storage, office space and meeting rooms in the Original Ice Arena in the <br />locations shown on Exhibit B to the lease. The rental amount under the lease shall be <br />Ten Thousand Dollars ($10,000.00) per year for the first five (5) years of the lease, and <br />$1.00 per year each year thereafter. Annual rental payments shall be payable October 1 <br />of each year beginning in 1997. The lease shall provide that: <br />ERYHA may use space within the Ice Arena Complex not <br />specifically identified in Exhibit B to the lease for up to four (4) days <br />per year to conduct ERYHA functions such as team or group <br />meetings, "garage sale" and other non-ice events. The dates for <br />these events shall be scheduled with the Ice Arena Manager and <br />subject to the Manager's approval. <br />BeckP 136759.2 <br />