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SEP-13-1996 14:51 CITY OF SHOREUIEW P.03/09 <br /> TO: MAYOR AND COUNCILMEMBERS <br /> 411 FROM: TERRY SCHWERM <br /> CITY MANAGER <br /> DATE: SEPTEMBER 12, 1996 <br /> SUBJECT: CONSIDERATION OF A RESOLUTION APPROVING <br /> PARTICIPATION MI THE FINANCING,CONSTRUCTION,AND <br /> OPERATION OF A FOUR SHEET ICE FACILITY AT 1'RE <br /> NATIONAL SPORTS CENTER <br /> • <br /> JNTROPUCTIQN <br /> The City Council is being asked to consider a resolution that would approve the City's <br /> participation in the financing, construction, and operation of a four sheet ice facility at the <br /> National Sports Center. The resolution is necessary to indicate the City's intent to <br /> participate in the project so that the Minnesota Amateur Sports Commission(MASC) can <br /> seek$500,000 in grant funding for the project. If the Council approves the resolution, in <br /> the next several weeks the Council will also need to approve a Master Agreement <br /> between all of the cities involved in the project and the MASC, and supplemental <br /> • agreements between the Mounds View School District cities and the Youth Hockey <br /> Associations, and with Ramsey County. These agreements are still being negotiated <br /> between all of the parties. <br /> BACKGROUND <br /> bluing the last several months,representatives of the cities of Arden Hills,Mounds <br /> View,New Brighton, and Shoreview have been meeting with representatives of several <br /> other communities and the MASC to discuss the potential development of a four sheet ice <br /> complex at the National Sports Center in.Blaine. Both the Mounds View and Irondale <br /> Youth Hockey Associations have identified a critical need for additional ice time. <br /> Attached is a letter from the Presidents of these hockey associations discussing this need <br /> for ice time. Also attached is information prepared by the MASC discussing the growing <br /> need for additional ice time,particularly as a result of the expected growth in women's <br /> and girl's hockey, and the proposed project. <br /> Under this proposal,the MASC would build and operate a four sheet ice complex at the <br /> National Sports Center site in Blaine. The total cost of the project is currently estimated <br /> at$9,500,000. The initial capital cost would be financed by $500,000 down payment <br /> from each of the communities, a$500,000 state Mighty Ducks grant, and the issuance of <br /> bonds by Anoka County. The debt service and annual operating costs for the facility <br /> • would be paid by a guarantee from each of the four communities and the MASC to <br />