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M0UNDitSVVfEW Item No. 8.E. Meeting Date: October 26, 2020 Type of Business: Council Business City Administrator Review: City of Mounds View Staff Report To: Honorable Mayor and City Council From: Nyle Zikmund, City Administrator Item Title/Subject: Resolution 9328 Authorizing Withdrawal from Superink Agreement Introduction: To approve resolution 9328 indicating the City of Mounds View intent to withdraw from the Master Agreement with the MASC for the construction and financing of the Super Rink. In 1997 the City of Mounds View, along with three neighboring cities and Ramsey County, entered into a Master Agreement with the Minnesota Amateur Sports Commission (MASC) for the construction and financing of the Super Rink at the National Sports Center in Blaine. These same entities entered into a Supplemental Agreement with the Mounds View and Irondale Youth Hockey Associations to help insure that the ongoing financial obligations for the purchase of ice time were met. These approximately 25 year master agreement will be ending on December 31, 2023 and the MASC is now seeking a commitment from the cities and Ramsey County on whether we want to remain in the consortium. The city council is being asked to consider resolution 9238 indicating Mounds View intent to withdraw from the master agreement when it expires. Discussion: In 1997, the cities of Shoreview, Arden Hills, Mounds View, and New Brighton (SAMN), and Ramsey County entered into a Master Agreement with the Minnesota Amateur Sports Commission (MASC) for the construction, financing, and operation of the Super Rink at the National Sports Center in Blaine. The Super Rink is a four sheet ice complex (later expanded to eight rinks) at the National Sports Center in Blaine that is operated by the Minnesota Amateur Sports Commission. Since none of these four cities were in the ice arena business, Ramsey County also became a partner to the agreement and placed the initial $500,00o down payment for the construction of the large ice arena facility. The cities of Blaine and Coon Rapids were also part of the Master Agreement and contributed $500,000 toward the capital cost. The facility was then financed through a 25 year bond to be paid through annual ice rentals at the Super Rink. Each of the parties to the agreement also needs to guarantee the purchase of 208o hours of ice time annually to ensure that there is sufficient revenue to pay the debt service and operating costs for the facility. The primary reason that the SAMN group entered into the Master Agreement and became part