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NSC: <br />20 Years ago, Mounds View was one of four cities that provided Ice Rental guarantees to the Super Rink <br />in order to assure bond sales had a guaranteed revenue source. Ice rentals exceeded expectation <br />(charitable gambling and hockey clubs) resulting in the bonds being paid off. Now, deferred <br />maintenance of more than $12 million is needed, of which $1.2 million for each of the original 4 sheets <br />is needed. NSC is proposing a broad funding scheme that envisions users — based on city population, <br />and actual users from that city, contribute $300,000 of the $1.2 million. On a population basis we rank <br />3rd behind Shoreview and New Brighton. On use we rank 6t" at 7.2%. Shoreview, North Oaks, New <br />Brighton, Arden Hills, and St. Anthony are all ahead of us. They opine that cities build ball fields, soccer <br />fields, community centers, etc for their youth and residents while the NSC provides indoor ice — for a <br />fraction of what a City would spend to build their own sheet (Coon Rapids). <br />Math for the population results in a $50,549 one time request and guarantees 50% of the Ice Time for <br />ISD 621. <br />Math for the actual user (7.2%) would be $21,000. <br />