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Request for Action <br />To <br />Item Number <br />Mayor and Ci T Council <br />4.5 <br />Agenda Section <br />Meeting Date <br />Prepared by <br />Consent <br />May 16, 2022 <br />Brent O'Neil, Economic Development Director <br />Item Description <br />Reviewed by <br />Sub -lease of Multipurpose Facility Event Center <br />Cal Portner, City Administrator <br />Reviewed by <br />Space <br />Action Requested <br />Approve, by motion, a request from iBackCheck, LLC, to sub -lease space at the Furniture and Things Community <br />Event Center to Two Brothers Hockey, LLC. <br />Background/Discussion <br />The City recently entered into a lease agreement with iBackCheck Sports Therapy to utilize space at the Furniture <br />and Things Community Event Center. <br />Approximately 50% of the space is being converted into chiropractic offices. The remaining portion will remain <br />open as therapeutic and athletic training space. iBackCheck intends to sub -let that space to Two Brothers Hockey <br />to operate off -ice hockey training programs in addition to the on -ice training and coaching Two Brothers Hockey <br />already provides at the facility. Any sub -letting of the space presently leased to iBackCheck requires city approval. <br />Two Brothers Hockey intends to begin utilizing the space August 1, 2022, for a two-year term. <br />Financial Impact <br />N/A <br />Mission/Policy/Goal <br />Support business investment in Elk River. <br />Attachments <br />■ Copy of Sub -lease between iBackCheck, LLC and Two Brothers Hockey, LLC. <br />■ Exhibit of Lease and Sub -lease space. <br />The Elk River Vision <br />A welcoming community with revolutionary and spirited resourcefulness, exceptional <br />service, and community engagement that encourages and inspires pi ospei l_ y. <br />M <br />TUREJ <br />Updated.• August 2020 <br />