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1p. Chaska Chanhassen Hockey Assn: Letter of Support.CITY OF 1 -� CHANHASSEN 690 COULTER DRIVE • P.O. BOX 147 • CHANHASSEN, MINNESOTA 55317 (612) 937 -1900 • FAX (612) 937 -5739 MEMORANDUM TO: FROM: DATE: SUBJ: Mayor and City Council Don Ashworth, City Manager April 9, 1997 Approval of Letter Supporting Chaska Chanhassen Hockey Association Mighty Ducks Application As the city council is aware, the Chaska Chanhassen Hockey Association has been pursuing potential ice arena locations in the cities that they represent. The final analysis is complete (see attached). In my opinion, an expansion of the existing ice arena at the Chaska Community Center can operate at marginal losses. [Note: The City of Chaska has asked that the agreement with the school district be modified so as to have the school district responsible for paying not only the normal hourly rental fee, but an additional 530,000 to $60,000. Assuming the school district would provide this additional subsidy, there is no question in my mind that the new Chaska facility can operate at a break even point.] It should be noted that there is simply not enough time to process an application for the Chanhassen site including all of the paperwork that would go along with it. A second hurdle arose when we found out that the association could not own the facility, further clouding the waters. It should be noted that the same statistics which show that the second sheet of ice is needed and that it can be built without cost to the City of Chaska, also reflect that a third sheet will be necessary in the near future. The necessity for this additional sheet of ice could very well parallel Chanhassen's need for a community center. Multi jurisdictional support for a Mighty Ducks grant increases the success ratio significantly. As the application process must be completed within the next few weeks and recognizing that Chaska's ability to meet the required time tables, it is recommended that the city council authorize the Mayor to write a letter supporting the Chaska Chanhassen Hockey Association's application for a Mighty Ducks grant to build a second sheet of ice at the Chaska Community Center. I am confident that I can obtain a letter from the City of Chaska that they will support a Mighty Ducks grant application from the City of Chanhassen should a third sheet be necessary and the city desires to make that application within the near future. g:'•ingr \mi ghtyduc ks.doc January 15, 1997 Steve Olin President Chaska -Chan Youth Hockey Association 7255 159th Street Carver, \iN 55315 Dear Steve: The purpose of my letter is to summarize the City of Chaska's position relative to the Association's interest in de eloping a second sheet of ice at the Chaska Community Center. Although I have not reviewed this issue directly with the City Council, I would anticipate that based on their past discussions, the City would be interested in pursuing a joint effort with the Youth Hockey Association in developing a second sheet of ice based on the followhng conditions: Al There is a demonstrated need for the additional facility to serve the youth within the School District area. B) The City would be reasonably assured operating and debt service costs, and third -party guarantee of any shortfall. that the facility would cover its annual if there was a deficit there would be a C) The facility would be architecturally and functionally compatible with the Chaska Community Center. I do believe that if the Association is willing and able to finance a stand alone ice facility, the option of a joint project with the City is not only feasible but less costly, First, let me review briefly the history of indoor ice iu the Chaska area. Prior to 1989, the Cliaska -Chan Youth Hockey Association. as you are aware, rented ice at a number of area arenas with its primary home being the Shakopee bubble. As the City of Chaska began studying the concept of tile. ComIunity Center, representatives of the Youth Hockey Association presented a veil• convincing case of the need for an indoor arena in the Chaska area. To improve the financial viability of the ice arena, the Association committed to beiuig a prime tenant of the Chaska arena and it was understood that the Association would, for the foreseeable future, rent a minimum of 500 hours of ice t.inle annually. As the Association is considering a second sheet of ice, the City of Chaska would expect the group to maintain its commitment to being a prime tenant and renting a minimum of 500 hours annually. Based on these commitments and the level of interest of other ice users, the City did proceed with construction of the facility based on the concept that ice arena revenues would cover annual operating costs and the Chaska taxpayer would assume responsibility for the annual debt service costs. For a $2.2 million facility, these annual debt service costs are approximately $261,000 annually. This is the level of financial commitment that the City. of Chaska has made for indoor ice to serve the area and it is for this reason that if a second sheet of ice is constructed, we would need guarantees that additional annual subsidies would not be required. If these conditions can be met the City would be interested in working jointly with the Association in developing an arena. The key advantages of a muuicipali` owned ice arena are: A) The facility is exempt from property taxes. B) Financing can be obtained over a longer period of time at. a tax exempt interest rate. C) An arena adjacent to the Community Center could be operated at a significantly less operating cost as compared to a free - standing facility. Rased on a preliminary cost analysis by our architectural consultants who have been involved in a number of ice arena complexes across the state. a second sheet of ice meeting our architectural standards could be constructed at a cost of S 1.7 million. The table to the right presents a comparison of an Association owned facility as compared to a complex owned by a public entity. In preparing the comparison the following; assumptions were made: A) The Association complex could be. constructed as a tower quality facility at a cost. of 51.34 million as compared to the s1.7 for the Citv owned facilit.v. SECV!VD SHEET OEICE COST ANAL YSIS CCHA Cary owned Arena Arena Interestrate 9.00% 5.50% Term 20 20 Building 51,210 $1,700,000 1 and $0 SO Parking lot& site developmet $100,100 $0 Totalcapital $1,300,000 $1,700,000 less: State grant $200.300 $200.000 Ascociano,t contr. $340,000 S)40,000 tither 50 $0 Amount to beFineaced $900,000 $1,!60,000 Staffing & Operating costs $:06.510 571,170 Annual debt set ice $87,637 $91.068 Annual tola. Expenst5 $;14.447 $174.835 Annual revenues Ice rental $150.000 $140.000 Associntinn School districtlotlter S'n.d00 Concessions 536,000 ii 500 Other $38,500 Annual Wal Revenues 5224,500 5 17 5,000 N e t PrefiU doss! 530,053 5162 B) Cinder both concepts, it is asswnerl that a 5200.000 state grant and a S300,000 fund- raiser are used to offset capital costs. C) Both scenarios are assumed to be financed over a 20 year period, with the intf•rest rate for the City owned facility being 5.5% and the Association financing being at 9 %. D) The Association operating costs are based on your estimate of S106,810. E) The Community Center facility costs are based on the added costs which would b-I required to operate a second sheet. These costs are log Pr than the Association costs because there are economies of scale with having two arenas attached. Comparison of Freestanding ice Arenas T 19 pnaradag Operadng I" Expenses do not include debt service Chaska Arena Operating Revenues The annual operating revenues from similar Twin Cities facilities averaged approximately $170,000. Over the last vears the Chaska arena has generated similar annual r enues with 1.996 revenues increasing as a result. of summer ice rental. Based on this Reverudes F..rpense Excess Buffalo 5120,722 $129,415 ($8,693) Lakeville- $208,441 $210,795 ($2,354) Hopkins $219,593 $206,998 $12595 Farmington $179,447 $179,300 $147 Princeton $166,002 $160,000 $11,002 Hastings $177,157 3196,761 ($19,604) W est St. Paul $11 $130,178 ($8,880) Delono $168,177 $139,518 $28,659 ANerage 5170,105 $169,121 $984 I" Expenses do not include debt service Chaska Arena Operating Revenues The annual operating revenues from similar Twin Cities facilities averaged approximately $170,000. Over the last vears the Chaska arena has generated similar annual r enues with 1.996 revenues increasing as a result. of summer ice rental. Based on this Operating Expenses Comparison 1995 Existing 2nd CCC CCHA Areua Ice Sheet Fstimatc ltaintenanceStaffirg S70 210 MAN $43,006 Fuel/equipment $18,000 54,5G0 51,400 Naturalgas $10,509 510.500 55,590 Electric $15,200 $25,200 $21,U50 Insurance 57,000 S1,950 Supplies $1,0i0 $500 $2,640 Garbage /water /sewer $1,525 SI T elephone $5'.5 n ther S9. ^00 Concessions $21,560 SO $18,000 Total 1156,540 $71,710 =106,610 Operating Revenues 1992 5128.939 1993 5141,171 1994 518;,991 19 �5 S168,22.3 1996 5240,000 " 1996 is an estimate and includes summer ice Operating Expenses Comparison 1995 Existing 2nd CCC CCHA Areua Ice Sheet Fstimatc ltaintenanceStaffirg S70 210 MAN $43,006 Fuel/equipment $18,000 54,5G0 51,400 Naturalgas $10,509 510.500 55,590 Electric $15,200 $25,200 $21,U50 Insurance 57,000 S1,950 Supplies $1,0i0 $500 $2,640 Garbage /water /sewer $1,525 SI T elephone $5'.5 n ther S9. ^00 Concessions $21,560 SO $18,000 Total 1156,540 $71,710 =106,610 comparison data it would appear that the Association revenue estimates are overly aggressive. Similarly. a review of comparable operating expenses would indicate that the Association's operating expenses may be to low. If after reviewing these concepts you or members of your committee wish to discuss this joint concept in greater detail, I would look forward to meeting at your convenience. If you have any questions concerning these costs please feel free to contact either myself or Tom Redman. Parks and Recreation Director at your convenience. Sincerely, Dave Pokorney Cite- Administrator DP:jms Enclosure c: Jim Leone, Treasurer APR 87 '97 08:27 DISTRICT 112; P.2 Chaska March 11, 1997 Dr. David Clough Superintendent Independent School District No, 112 110600 Village Road 1 Chaska, NIN 5 5 31 8 ! Dear Dave: The purpose of my letter is ito serve as a Letter of Understanding between the City of Chaska, the Chaska -Chan Youth Hockey Association and Independent School District No. 112 relative to construction, financing and operation of a second sheet of ice. The goal of this joint project would be to construct a high quality practice facility adjacent to the existing Community Center Arena which would meet the growing ice time needs for the Youth Hockey Association and the School District, while at the same time the City of Chaska would not be in a position of having to subsidize operating or debt service costs. The City of Chaska's responsibility under the agreement would be: A. To design and construct an indoor practice facility adjacent to the Community Center at an estimated cost of $1.8 million. B. Operate the facility in conjunction with the existing arena. C. Provide priority ice_ time rental, to the Chaska -Chan Youth Hockey Association and Independent School District No. 112. D. To establish a maximum hourly ice rental charge of 5110 per hour for the School District and the Chaska -Chan Youth Hockey Association. The maximum hourly rate would increase by 3% a year through 2007. B. To have the facility operational by September of 1998. F. To prepare and submit an application for "mighty duck funds" to the State in the amount of $250,000. The Chaska -Chan Youth Hockey Association would agree to: A. Complete a community fund - raiser to raise a minimum of S500,000with the fundraiser to be completed prior to June 1, 1997. City of ChWka Minnesota One City Hall Plaza 55318 -1962 Phone 612/448 -2851 Fax 612/4? APR 07 '97 08 :28 DISTRICT 112 P.3 B. Actively support a Mighty Duck Grant Application. C. To rent a minimum of 1,000 hours annually from the Chaska Arena annually through 2007. Independent School District No. 112 agrees: A. -That the Chaska Ice Arena would be the home for their boys and girls hockey teams. B. To rent a minimum of 480 hours of ice time annually based on a lease providing for payment of a lump sum of $30,000 to $60,000 per year for a ten year term plus the per hour, rate as established by the Citv not to exceed the hourly- maximum. In addition the City will make available at no charge ice time during zhe school day for physical education classes. C. To provide the City an easement to construct additional parking for the Community Center on the east side of the Middle School property. After the final terms and conditions of the Letter of Understanding are agreed to by each of the parties, a formal agreement would be developed. The City of Chaska truly looks.forward to addressing our youth recreational needs in a joint manner with other community entities such as the School District and the Chaska -Chan Youth Hockey Association. If ynu have any questions or comments, please contact me at your convenience. Sincerely, ave Po orney City Administrator DP:jms