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6b CCHA Ice ArenaCITY OF ---- MEMORANDUM TO: Mayor and City Council FROM: Don Ashworth, City Manager DATE: April 9, 1997 SUB J: Approval of Letter Supporting Chaska Chanhassen Hockey Association Mighty Ducks Application As the city couficil is aware, the Chaska Chanhassen Hockey Association has been pursuing potential ice arena locations in the cities that they represent. The final analysis is cornplete (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 $30,000 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:\mgr'md ghtyducks.doc JanuaL'y 15, 1997 Steve Olinger, President Chaska-Chan Youth Hockey Association 7255 159th Street Ca~,er, MN 55315 Dear Steve: Tile purpose of my letter is to summarize the City of Chaska's position relalive to the Association's interest in developing 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 tlleir past. discussions, the City would be interested ~1 pursuing a joint effort with the Youth Hockey Associatio~ in developing a second sheet of ice based on the lbllowh~g con'ditions: A) There is a demonstrated need lbr the additional i'acilitv to serve the youth within tile School District area. B) The City would be reasonably assured that the l;qcility would cover its annual operating and deb~ service costs, and if there was a deficit there wotLld be a third-party guarantt,e of any shortfall. C) Tile facility would tae architecturally and ftmctionally compatible with the Chaska Community Center. I do believe that if the Association is willing and at, re to finance a stand alo;~e ice facility, the option of a joim project with the City is not only feasible but less costly, First, let me review briefly the histm3? of indoor ice itl tile Chaska area. Prior to 1989, the Chaska-Chan Youth Hockey Association. as you are aware, rented ice at a number of area arenas with its prima .fy home beh~g the Shakopee bubble. As the CiD, of Chaska began studying the concept of the Community Center, representatives of the Youth Hockey Association presented a very 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 being a prime tenant of the Chaska arena and it was understood that the Association would, for the tbreseeable future, rent a minimum of 500 hottrs of ice time annually. As the Association is considering a second sheet of ice, the City of Chaska would expect the group to maintahl its commitment to being a pr[me tenant and renting a minimum of 500 hours annually. Based on these COlUmitments and tile 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 faciliky, these annual debt sen-ice costs are approximately $261,000 annually. This is the level of financial commitment that hhe Ci_ty of Chaska has made lbr indoor ice to serve the m'ea and it is for this reason that ff a second sheet of ice is constructed, we would need guarantees that additional annnal subsidies woukt not be required. It' these conditions can be met the City would be interested in working iointly with the Association in developing an arena. Tile key advantages of a mauicipally owned ice arena are: A) The facility is exempt from property tmxes. 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 operat'ing cost as tompm'ed to a free-standing he[lit5. Based on a preliminao: cost analysis by our arclfitectural consultants who have been involved in a nmnbcr of ice arena complexes across the state, a second sheet of ice meeting om' architectural standards could be constructed at a cost of $1.7 million. The table to the right presenks a comparison of an Association owned he[lily as compared to a complex owned by a public entity. In preparing the comparison .tile follow[n}; assumptions were made: A) The Association complex could be constructed as a {owe]' quality facility at a cost of $1.34 tn[Ilion as compared to the $1,7 for the City owned hell[tv, · SECOND StIEETy~v,,tL ISIsOF ICE COST CCHA Arena ]ntere~t rate 9.00% l'erm 20 Arena 5.50% 20 Building 51,240000 I and $0 50 Parking lot & site deve!opmet 5130,300 T o~a[ capRal $i,340.000 ~l,700,OOO A~suc:a~io,~ contr· $340,000 $)40 OOO Amount {o be Fin~accd S88U,00~ ,qtatIiing. & Operating cosu $106,Si0 577,770 Annual debtservice $$?,637 $97 ~68 ice rental School d~ict%~h e r Other $150.000 $38,500 .4tttlual total Revenue~ N et Profiq (Dss} 530,o$J $IG2 B) Under both concepts, it is assmned that a $200.000 stale 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 l;eriod, with the inWrest rate lbr the City owned facility being 5.5% and the Association financing being at 9%. D) The Association opt'rating cost~ are based on your estimate of $106,810, E) The Community Center facility costs are based op. the. added costs which woukl be required to operate a second sheet. These costs are lower than the Association costs because there a,'e economies of scale with having two arenas auached. The annual operating revenues from similar Twin Cities facilities averaged approximately $170,000. Over the last vear~ the Chaska areua has generated similar annual r,.wenttes with 1996 revenues increasing as a result of sunnner ice rental. Based on this ,. Comparison of Freestanding Ice ^rcna~ 1995 (~peraxing Operating Reverutes Expense Excess hd[alo $120,722 5129,415 ($8,693) .akev ille $208,441 .$210,795 ($2,354) Hopkins $219,593 $206,998 $12,595 Far mingle n $170,447 $179300 $147 Princeton $166,~2 $160,000 56,~2 H a.sli,gs 5177,157 5196,761 ($19,004) ~,k' est St. Paul 5121,~)8 $130,178 ($8,880) Delono 5168,177 $139,518 A~erage 5170,i05 $160,121 $984 '* Expet:~es do not include debt service Chaska Arena Operating Operating Revenues 1992 $128.939 !993 5141,171 1994 $181,99! 10c, 5 $168,223 . 1906 $240,000 JJ · 1906 is an cstima!e and includes summer ~cc Jl CCHA E stim $4,400 $2 l,US0 Operating, Expenses Comparison E zixtin& 2nd CCC ·Arena Icc Sheet $15,000 ~4,5G0 $10,500 ilo SOO $25,200 SZ5,200 $1,050 $500 $1,525 $2,640 $1 ,~,2'0 $9.q00 SZz,soo $o $1s,ooo aulte nance StaJIi;- g Fneilequipmen~ Namral gas Ele c~'ic i lnsur~nc~ Supplies G arb~g¢/water/se,~er T*l~p~one O~cr C once *~io n s ~ o~al comparison data it would appear that the Association revenue estimates are overly aggressive. Similarly. a review of comparable operating expenses would indicate fl~at the Association's operating expenses may be to low. If after reviewing these concepts you or me~nbers of your committee wish to discuss this joint concept in greater detail, I would look Ib~*ward to meeting at your convenience. If you have any questions conceraing these costs please feel fi'ee to contact either myself or Tom Redmm~, Parks and Recreation Director at your convenience. Sincerely, Dave Pokorney City Administrator DP:ires Enclosure c: Jim Leone. Treasurer APR 07 "9? 0:--',:27 DISTRICT 112 P.2 Chaska March 11, 1997 Dr. David Clough Superintendent Independent School District No, 112 110600 Vil, lage Road Chaska, MN 55318 Dear Dave: The purpose of m.v letter is ,to 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 quali, ty practice facility adjacent to the existing Communi~ 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 ruth the existing arena. C. Provide priority ice time rental to the Chaska-Chan Youth Hockey Association and Independent School District No. 112. To establish a maximum hourly ice rental charge of $110 per hour for the SchooI District and the Chaska-Chan Youth Hockey Association. The maximum hourly rate would increase by 3% a year through 2007. E. 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 $500,000with the fund-raiser to be completed prior to June 1, 1997. of Chaska Minnesota One ci /Hall Plaza $53~8-1962 Phcne 61Z44g-285~ Fax 612/445-930C F~F'F' 07 "9?' [3F:: £8 'r)I'_=;TRTC:T :t:t:---" 'F'. :_:'," o, .- . - B. Actively support a ,Mighty Duck Grant Application. C. To rent a minimum of 1,000 hours annually Ii-om 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. 13, To rent a minimum of 480 hours of ice time annually based on a lease providing for payment of a lump sum of 530,000 to $60.000 per year for a ten year term plus the per hour. rate as established by the City not to exceed the hourly maximum. In addition the City ~vili make available at no charge ice time du~ng [i~e school day Ibr physical education classes. C. To provide the City an easement to construct additional parking for the Community Center on the east side of the M_/ddle School property. After the final terms and condkions 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 recreat/onal needs in a joint manner w/th other community entities such as the School District and the Chaska-Chan Youth Hockey Association. If you have any questions or comments, please contact me at your convenience. Sincerely, a'~-~Pc~ orney City Admtn/strator lDP:jms