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of this consortium was the strong interest in more ice time from the two youth hockey <br />associations (Mounds View and Irondale) that serve our geographic area. Based on this interest <br />from the youth hockey associations, the four cities and Ramsey County also entered into a <br />Supplemental Agreement with the two associations to establish a $300,00o escrow account that <br />could be used to cover any ice rental shortfalls that might occur during the term of the <br />agreement. The escrow account, which was funded entirely by the youth hockey associations, <br />has grown to $400,000 due to interest earnings. All interest earnings above the $400,000 <br />amount is returned annually to the youth hockey associations. The City of Shoreview maintains <br />this escrow account on behalf of the four cities. When the Master Agreement expires the escrow <br />money must be returned to the youth hockey associations. The Mounds View and Irondale <br />Youth Hockey Associations have now merged into one organization. Fortunately, due to the <br />annual ice rentals from the hockey associations, the Mounds View School District, and strong <br />ice programming efforts by the Super Rink staff, the Super Rink has always been able to meet <br />its financial obligations for both debt service and operating costs. The SAMN cities have never <br />needed to use the escrow account to meet its financial obligations. The two hockey associations <br />receive priority use on one of the rinks as a result of the SAMN group's participation in this <br />consortium. <br />As noted earlier, the terms Master and Supplemental agreements will expire on December 31, <br />2023. The Super Rink facility is nearly 25 years old and there are now significant deferred <br />maintenance items and other improvements that are necessary for the facility to continue to <br />operate at a high level. Some of the improvements include a completely new refrigeration system <br />that will meet current standards, replacement of the dasher boards, scoreboards, and sound <br />systems, and upgrades to the locker rooms and common areas in the building. These <br />replacements and upgrades will require another major bond issue to finance the cost of the <br />improvements. It is likely that the MASC will be seeking a contribution of somewhere between <br />$500,000-$1,000,00o from it partners to help finance the improvements and continue as part <br />of the consortium. The MASC is requesting that the current partners decide now whether they <br />want to continue in the consortium so they can begin to develop plans for the future. They had <br />originally asked that consortium members make a decision by June, 2020, however this date <br />has been pushed back due to the COVID pandemic. <br />The Shoreview city manager met with representatives from each of the cities in the SAMN group <br />and Ramsey County to review the history of the agreements and discuss whether there was <br />interest in continuing as part of the Super Rink consortium. Ramsey County operates a <br />comprehensive ice arena system throughout the county and the cities are currently served by <br />the Shoreview ice arena and the two sheets of ice at the County's new arenas in Vadnais Heights. <br />Since Ramsey County already operates a significant ice arena system, they did not have an <br />interest in participating in the Super Rink in the future. Further, since none of the cities are <br />currently in the ice arena business, they also indicated that they did not want to continue in the <br />Super Rink consortium after the Master Agreement expires at the end of 2023. The Shoreview <br />city manager also talked with the Mounds View School District staff and the current President <br />of the Mounds View Youth Hockey Association regarding our cities intent to not be part of this <br />consortium in the future. It is important to note that either the Mounds View School District or <br />the Mounds View Youth Hockey Association could choose to become a future partner with the <br />MASC in the Super Rink facility. Staff believes that this would make the most sense since they <br />are the primary beneficiaries and users of the current rink that is dedicated to our four city <br />group. <br />Staff is requesting that the city council approve resolution 9238 indicating the City of <br />