Laserfiche WebLink
• <br /> Allocation of Risk <br /> Required guarantee of rental hours 2080 hours • <br /> 4 <br /> First year hourly rate $125 <br /> Value of first year guarantee $260,000 <br /> _Allocation of Municipal Responsibility <br /> Allocation <br /> % population x.5 % participants x.5 summary <br /> Arden Hills 6.60% 9.00% 15.50% <br /> Mounds View 9.00% 4.00% 13.00% <br /> New Brighton 16.00% 9.50% 25.50% <br /> Shoreview 18.50% 27.50% 46.00% <br /> Risk Sensitivity Hours rented <br /> 0 1040 2080 <br /> Arden Hills $40,300 $20,150 $0 <br /> Mounds View $33,800 $16,900 so <br /> New Brighton $66,300 $33,150 SO <br /> Shoreview $119,600 $59,800 $0 <br /> • <br /> Likely Risk limits Hours Rented <br /> Based on discussions with Hockey Associations 1580 <br /> Value of likely risk limit $62,500 <br /> The MASC will also evenly allocate rental times from unplanned events for all parties. <br /> Useage by irondale High School or other educational facility Is not included <br /> Escrow Agreement per supplemental agreement <br /> $50 surcharge on players from non participating communities $5,000 <br /> Annual contribution of 320,000 $20,000 <br /> Total annual escrow contribution from Hockey Associations $25,000 <br /> Potential Community Risk (1st year) Cost <br /> Arden Hills $5,813 <br /> Mounds View $4,875 <br /> New Brighton $9,583 <br /> Shoreview $17,250 <br /> • <br />