1996-09-24 - Laserfiche WebLink

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I I I Council Meeting Minutes September 24, 1996 Page 5 Council Business. continued Larry McDonald, 1503 Mississippi St., feels MASC will be an excellent partner and will efficiently operate the facility. He noted the big demand for ice in the off-season, and the facility should enhance property values in the cities involved. Lou Michaels, 1470 - 10th St., feels this is a tremendous project. Doug Champ, Irondale Hockey Association and young women's hockey coordinator, noted the increased interest in young women's hockey and the need for a new facility. Larson supports the establishment of young women hockey programs and the proposal. Williams had questioned the project when it was initially proposed, however, is impressed by the commitment shown by the associations and families and fully supports the project. He has not received one negative comment regarding the proposal. Samuelson also supports the project. Motion by Larson, seconded by Gunderman, to WAIVE THE READING AND ADOPT THE RESOLUTION AUTHORIZING THE CITY'S PARTICIPATION IN FINANCING, CONSTRUCTION, AND OPERATION OF A FOUR-SHEET ICE FACILITY AT THE NATIONAL SPORTS CENTER, SUBJECT TO THE FOLLOWING CONDITIONS: 1. APPROVAL OF THE MASTER AGREEMENT BETWEEN THE MINNESOTA AMATEUR SPORTS COMMISSION AND ALL PARTICIPATING COMMUNITIES. 2. APPROVAL OF THE SUPPLEMENTAL AGREEMENT BETWEEN THE CITIES OF SHOREVIEW, ARDEN HILLS, MOUNDS VIEW, AND NEW BRIGHTON, AND NEW BRIGHTON AND THE MOUNDS VIEW AND IRONDALE YOUTH HOCKEY ASSOCIATIONS. 3. APPROVAL OF THE SUPPLEMENTAL AGREEMENT BETWEEN THE CITIES OF SHOREVIEW, ARDEN IDLLS, MOUNDS VIEW, AND NEW BRIGHTON AND RAMSEY COUNTY WHICH INCLUDES THE COUNTY'S $500,000 CAPITAL CONTRIBUTION FOR THE PROJECT. 4. PARTICIPATION IN THE PROJECT BY THE CITIES OF SHOREVIEW, ARDEN HILLS, AND MOUNDS VIEW. 5. FINANCIAL COMMITMENT FROM COMMUNITIES FOR ALL FOUR SHEETS OF ICE AT THE NATIONAL SPORTS CENTER. 6. REVIEW OF THE FINAL AGREEMENTS BY THE CITY'S FINANCE DIRECTOR AND CITY ATTORNEY. 4 Ayes - 0 Nayes, Motion Carried. Fulton presented the capital bond funding application on behalf of the MASC. One component of the financing package for the previously approved four sheet ice complex includes $500,000 for funding of the Mighty Ducks Capital Bonding Fund. The application involves two Mighty Duck Capital Bonds each in the amount of $250,000. MASC has asked New Brighton to sponsor one application, and Blaine to sponsor the other one. The sponsorship provides the funding mechanism, and the City does not become liable in any regard for matters associated with this application. Council Business Four Sheet Ice Hockey Facility Report 96-221 Resolution 96-078 Bond Funding for Four Sheet Ice Hockey Facility Report 96-222 Resolution 96-079