HomeMy WebLinkAbout7C - PL Savage Hockey Assoc. Indoor Ice Rink Report
MEETING DATE:
AGENDA #:
PREPARED BY:
AGENDA ITEM:
PRESENTATION:
4646 Dakota Street S.E.
Prior Lake, MN 55372-1714
CITY COUNCil AGENDA REPORT
March 5, 2007 ~
7C
Frank Boyles, City Mana
Prior lake Savage Hockey Association Indoor Ice Rink Station Report
The Park Athletics and Recreation Task Force report recommended, as the
second of seventeen priorities, that an indoor ice rink be constructed and
operated as a joint effort of the Prior Lake Savage Hockey Association, the
cities of Prior Lake and Savage, together with the school district.
To facilitate this project, the school board has identified property on the middle
school campus in Prior Lake to locate the ice arena. The hockey association
has created a non-profit organization to raise $2 million toward this estimated
$8 million project. The availability of the district land is based upon the hockey
association collecting the needed funds and beginning construction within
approximately 24 months.
The hockey association is in the process of securing funding commitments.
So that the City can program assistance for this facility into the 2008 budget
and/or the 2008-2012 Capital Improvement Program, the association would
like to share their expectations with the Council. I believe that the following
forms of assistance may be solicited:
. Waiver of building permit, plan check and any other development fees
which may be due, in lieu of a cash contribution.
. Conduit bond financing.
. An annual financial contribution from the City for 5 years :t, to assure that
both operating and debt service demands can be met.
Hockey association representatives are not expecting a commitment from the
city council tonight, but will need one within the next few months.
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