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6.2 MFACSR 10-10-2022 Discussion Item To Item Number Multipurpose Facility Advisory Commission 6.2 Agenda Section Meeting Date Prepared by Discussion October 10, 2022 Tim Dalton, FTCENTER Superintendent Item Description Reviewed by Elk River Youth Hockey Association Facility Lease 2022-2024 Reviewed by Action Requested Review 2022-2024 ERYHA Facility Lease Background/Discussion The lease before you includes the following rental spaces: OFFICE: ERYHA will have exclusive use of the office area located in the West Locker Room (Room #126, 209 SQ/FT), Regular Rate $22/SQ/FT/$4598/Yr. - $383/Mo. ERYHA RATE: 50% DISCOUNT $2299/Yr. - $192/Mo. STORAGE (A): ERYHA will have exclusive use of the Storage Room in the East Locker Room Hallway, adjacent to the Coaches Room (Room #148, 271/SQ/FT) Regular Rate $15/SQ/FT/$4065/Yr. - $399/Mo. ERYHA RATE: 50% DISCOUNT $2033/Yr. - $169/Mo. STORAGE (B): ERYHA will have exclusive use of the Storage Room in the East Locker Room Hallway, across from Girl’s HS Locker Room (Room #NA, 238 SQ/FT) Regular Rate $15/SQ/FT/$3570/Yr. - $298/Mo. TRAINING AREA: ERYHA will have exclusive use of the Training Area in Rear of Fieldhouse (1800 SQ/FT) 90′x20′. $10/SQ/FT/$18,000/Yr. - $1500/Mo. Additional considerations: ERYHA has requested rubber flooring be installed at the north end of each arena for ease of access and utilization ice training equipment. An estimate of $45,000 has been received for rubber flooring installation. The city would welcome the addition of the flooring, however, no funding for this project is available in the budget. Financial Impact OFFICE: $2299/Yr. - $192/Mo. STORAGE (A) $2033/Yr. - $169/Mo. STORAGE (B): $3570/Yr. - $298/Mo. TRAINING AREA: $18,000/Yr. - $1500/Mo. The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020 Total Monthly Revenue: $2,159 Total Annual Revenue: $29,902 Mission/Policy/Goal Provides revenue to support sustainable facility practices while creating opportunities that foster pride in our community. Attachments Attachment 1 - 2022-2024 ERYHA Facility Lease Attachment 2- Training Area Revenue Options N:\\Departments\\Parks and Recreation\\Multi Purpose Facility\\Advisory Commission\\2022\\10-10-2022 MPF ADVISORY COMMISSION\\6.2 sr ERYHA Lease 2022- 2024.docx DimensionsSQFTSQ/FT RatePer YearPer Month Alt #190 x 201800$ 15.00 $ 27,000.00$ 2,250.00 Alt #190 x 201800$ 14.00 $ 25,200.00$ 2,100.00 Alt #190 x 201800$ 13.00 $ 23,400.00$ 1,950.00 Alt #190 x 201800$ 12.00 $ 21,600.00$ 1,800.00 Alt #190 x 201800$ 11.00 $ 19,800.00$ 1,650.00 Alt #190 x 201800$ 10.00 $ 18,000.00$ 1,500.00 Alt #190 x 201800$ 9.00$ 16,200.00$ 1,350.00 Alt #190 x 201800$ 8.00$ 14,400.00$ 1,200.00 DimensionsSQFTSQ/FT RatePer YearPer Month Alt #260 x 201200$ 15.00 $ 18,000.00$ 1,500.00 Alt #260 x 201200$ 14.00 $ 16,800.00$ 1,400.00 Alt #260 x 201200$ 13.00 $ 15,600.00$ 1,300.00 Alt #260 x 201200$ 12.00 $ 14,400.00$ 1,200.00 Alt #260 x 201200$ 11.00 $ 13,200.00$ 1,100.00 Alt #260 x 201200$ 10.00 $ 12,000.00$ 1,000.00 Alt #260 x 201200$ 9.00$ 10,800.00$ 900.00 Alt #260 x 201200$ 8.00$ 9,600.00$ 800.00