6. - 11. ICESR 08-21-2012 - Laserfiche WebLink

Home Browse Search

MEMORANDUM TO: Ice Arena Commission, Members FROM: Rich Czech, Arena Manager DATE: August 17, 2012 SUBJECT: Agenda Memo—August 21, 2012 6. 2010 Financial update Attached for your review is the budget information for the years 2009—2011 as well as current information for the 2012 budget. At the City Council meeting on August 13th the 2012 Arena budget was discussed, the City Council is anticipated to vote on the final budget on December 3`a 7. Arena Renovation At the City Council meeting on August 13`h Staff along with Tom Betti from The 292 Architect Group, presented the four options that the Commission reviewed at the special meeting in July. Staff indicated to council that the Arena Commission recommended option four due to the fact that it was the most encompass option. All of the Council were very engaged in the discussion with the mail focus being on costs and partnerships for the project. In the end the council direct staff to put together a performance report outlining the possible revenue streams and expenditures to see how a new building would cash flow. Staff scheduled a meeting for today F(riday August 17th) with Tom Betti from The 292 Architect Group, Mike Worhrie, from Nelson— Rudie Associates (Consulting Engineers), and Jeff King, from Ballard/King& Associates, Operation Consultants. With their assistants a performance evaluation will be developed outlining projected costs of operating a new facility and the possible revenue we could aspect. 8. Outside banners Over the last year discussion has taken place about replacing and adding banners to outside of the Arena due to the fact that the existing banners are worn and tattered. The banners were a joint effort between Elk River Youth Hockey and the Arena with Youth Hockey purchasing the banners and the arena paying and installing the lights. At the recent Elk River Youth Hockey Meeting (august 15th) I briefly discussed the banners and the cost to replace them. They indicated to me that they are not interested in fully paying for the banners but would be willing to develop a partnership with the Arena to replace the banners. One of the board members believes she has a supplier that may