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5. - 9. ICESR 04-12-2011MEMORANDUM TO: Ice Arena Commission, Members FROM: Rich Czech, Arena Manager DATE: April 9, 2011 SUBJECT: Agenda Memo -April 12, 2011 5. 2010 Financial update Attached for your review is the budget information for the years 2007 - 2011. Tim Simon, the cities finance director, will be at the meeting to discuss in detail the 2010 final budget numbers. 6. Arena Renovation As you are aware the city hired 292 Architects to develop conceptual drawings of the renovation of the Arena. A group of interested parties meet with the Architect to develop a list of wants and needs that they would like to see in the renovation. The Architect came back with two designs, one runs the rinks parallel to each other with the amenities between the two rinks and in front of the building, the second design runs one rink north to south and the other east to west with the amenities off to one side. A third option was proposed as well, this design would renovate just the front of the building and the locker rooms in the Barn. The consensus of the group was the first design, running the rinks parallel to each other would best fit everyone's needs. At this time the Architect is formulating the projected costs and a meeting is scheduled on April 13`n at S:OOpm at the high school to review the Architects findings. 7. Ice Rates Attached for your review are proposed rates of Arena's in the northwestern metro area for the 2011 - 2012 season. These Arenas reflect some of the same operational expenses that we experience. Over the last three seasons the hourly ice rate has remained at $170.00 an hour for prime time, and $145.00 for non -prime time hours and summer prime time hours. During summer hours I negotiate ice costs for ice hours that are not very favorable or when customers buy large blocks of ice. The year is divided into two segments, seasonal (September -Mid March) and off - seasonal (mid-Mazch -August). Typically the off -seasonal rates at Arena's have a lower cost associated with them. This is mainly due to the fact that the demands for ice in the spring and summer months aze less than in the fall and winter. Attached for your review is a spreadsheet separating the two segments of the seasons. In the spreadsheet it indicates over the last three years who aze customers are and how many hours of ice that was sold to them. The "regular" season customers, who pay the hourly rate, are those who will be effected by any rate increase that the commission decides to move forwazd with. When meeting with Lori and Tim it was the senses that our rates should be at the average rates of surrounding Arena's, $180.00 an hour for prime time hours during the regular season (September -Mid March) and $145.00 for the non-prime time hours and off season hours. Any increase that is adopted will result in minimizing the funds that need to be transfer to the Arena's budget from the general account to cover the Arena's debt. 8. Outside Banners The outside banners of the pro hockey players are faded and need to be replaced or taken down. I have received an estimated cost of $1,175.00 for each banner. This includes the banner, taking down the old, and to install the new banners. The cost of the banners would have to come from an outside source; the Arena's budget does not have the funding to purchase the banners. Kent Madsen said he has some different pictures that could be used to replace the pictures that aze on the existing banners. We should consider contacting each player to see if they would have a few pictures that may be appropriate as well. Once we have some pictures to look at I could e -mail out the pictures to the commission to get everyone's input or we could decide at the next meeting what pictures we would like to have made. 9. Staff Updates A. Spring Events AC Expo Gun Show Apri122"d - 23`d Just Between Friends (Kids Consignment) Apri128`h - 30th Arena Craft Show May 7`h and 8d' Skating Academy Skate Show May 20`h and May 21st B. Projects and summer repairs. The condenser for the Barn's Ice Plant has been ordered and will be installed sometime this spring. When installing the condenser the company will also install the oil separator and the oil reclaim vessels that were found not to have the A.S.M.E. (American Society of Mechanical Engineer) stamp, which is mandatory to have by the state. The building will be closed for maintenance from May 22°d -June 11`h. At this time the ice in the Olympic will be shaved down to the sand and be re painted, giving it a fresh look. Most of the Arena will receive a fresh coat of paint and a thorough cleaning. There are some minor repairs to the rink boards that have to be completed as well. A couple of the compressors will have the top -ends rebuilt and both ice plants will have their filters changed and be inspected for any wear.