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2015-05-11 STMA Ice Arena Board Packetoily of A,lbertville t. Michael � 5mol To n Lining. Bia ay. Ufa. STMA ARENA BOARD AGENDA MONDAY, MAY 119 2015 ALBERTVILLE CITY HALL 6:00 PM 1. CALL TO ORDER — ROLL CALL 2. ADOPT AGENDA 3. APPROVAL OF THE MINUTES OF APRIL 13, 2015 (pgs. 1-2) 4. FINANCE REPORTS a) Approve the April list of claims as presented in the amount of $5,865.57 and April report (pgs. 3-5) 5. ARENA MANAGER a) Monthly report (pg. 6) 6. NEW BUSINESS a) Discussion Summer 2015 Meetings 7. OLD BUSINESS 8. YOUTH HOCKEY ASSOCIATION 9. ADJOURN M:\Public Data\Arena\2015 STMA Ice Arena\2015 Arena Agendas\2015-05-11 STMA Ice Agenda\05112015 STMA Agenda.doc ST. MICHAEL-ALBERTVILLE ICE ARENA BOARD MINUTES April 13, 2015 6:00 p.m. Present: Chairman Chris Schumm, Members Gayle Weber, John Vetsch, Cody Gulick, and Walter Hudson (6:03) were present. Member Jeff Lindquist was absent. Also present: STMA Ice Arena Manager Grant Fitch, City Administrator Adam Nafstad, Youth Hockey Association President Josh Opiola, and Chris Hanson. The meeting was called to order at 6:03 p.m. by Chairman Schumm. Set Agenda Members Hudson\Weber moved to set the agenda as presented. All voted aye. Annual Audit 2014 Matt Mayer from Kern, DeWenter, and Viere presented the audited financial statements to the STMA Arena Board. Mayer told the board that they have given an unmodified opinion which is a clean opinion and the best opinion they can give. This opinion states that they believe the statements show a true account of the STMA Ice Arena's activity for 2014. Mayer went over the documents budget to actual for 2014 of revenues and expenditures. Mayer mentioned that the utility bills at year end were higher after the installation of the new dehumidification system, but be aware of the utility costs and could dip into fund balance. If we dip into fund balance, Mayer mentioned, to keep an eye on it because having 50% fund balance at year is the recommended status since the majority of the revenues are collected over six months. Members Hudson\Gulick moved to accept the 2014 annual audit and financial statements. All voted aye. Approval of Minutes Members Weber\Hudson moved to approve the minutes of the March 9, 2015 Board Meeting as presented. All voted aye. Member Vetsch abstained. Finance Reports Lannes noted that the reports reflect the proposed budget, and that the audit presented stated we had $45,000 in Capital Improvement Fund. On the reports it shows a different number due to the audited financial statements include accounts receivable in the balance, but the reports are cash basis. Members Gulick\Hudson moved to approve the March list of claims totaling $24,916.38 and the March Financial Report as presented. All voted aye. Arena Manager's Report Fitch reported general operations and mentioned that the MN Swarm Youth Lacrosse talked about booking 80 hours, but they were unable to commit to that. Fitch mentioned to the board that the arena is looking at no longer accepting checks starting in the fall. Glick mentioned that it would be a sound business decision. The board agreed that starting the fall of 2015 the STMA Ice Arena will no longer accept checks for concessions. There was discussion on the annual maintenance contract and requested that the board authorize staff to sign the contract if the prices are within budget. The board did not object to this and directed staff to move forward. STMA Arena Mtg 05/11/15 page 1 STMA Ice Arena April 13, 2015 Minutes Page 2 Staff and the board discussed the BMI Music License issue. Currently the Arena is not licensed to play any music other than local radio stations. The board directed staff to look into options and mentioned this is something the Arena should have. Old Business — 2015 Preliminary Budget Discussion Lannes provided the third preliminary 2015 budget showing a $6,208.61 deficit without a rate increase. The budget includes an estimated $24,000 for gas, which staff noted as strictly an estimate. Staff provided that one option to manage the deficit would be a $5 per hour rate increase which would bring the budget to almost breakeven. This would be at $190 to $195 as prime rate effective September 1 St. The board discussed the two budgets presented and rate increase of $5per hour which would increase the prime time rate from $190 to $195 Members Hudson\Weber moved to adopt the 2015 proposed budget with the $5 rate increase effective September 1, 2015. All voted aye. Youth Hockey Association Opiola updated the Board that STMA Ice Arena was in the top ten of Kraft Hockeyville USA; we are already granted $20,000 for making it in the top ten. If the arena makes the next round to the top four we will be granted another $20,000 for a total of $40,000 for improvements. There is the potential of being granted $150,000 toward improvements if we win. Youth Hockey Association is working on press releases to get the word out. The STMA Ice Arena is the only Minnesota arena that made the top ten. Adiourn Members Hudson\Gulick moved to adjourn at approximately 7:06 p.m. All voted aye. Attest: Tina Lannes, City Finance Director STMA Arena Mtg 05/11/15 page A of Ibcrtvi £ AMA t. Achael li SMOU living. gip lips. STMA Ice Arena Budget to Actual April 2015 (Cash Basis) Income Ice Rental (currently includes Dec Acct. Rec.Collected Concessions Other Revenues (Advertising/LMC/ins claims) Vending Open Skate/Hockey, etc Interest Misc Revenue Total Income Expenses Salaries, wages, taxes & Benefits Supplies (Office, misc) Supplies (Concession) Fuel, Misc Professional Services Sales Tax Telephone Electric Gas Water Refuse Insurance Administration Misc. Repair Maintenance — Machinery Repair Maintenance — Building Total Operating Expenses Net Income/Loss 2015 Actual April 2015 YTD % 2015 Budget Actual 4/30/15 Annual $271,700.00 $40,555.00 $130,366.00 47.98% $32,000.00 $40.50 $19,012.12 59.41 % $14,500.00 $0.00 $0.00 0.00% $1,000.00 $0.00 $50.00 5.00% $6,500.00 $0.00 $1,046.00 16.09% $1,000.00 $0.00 $0.00 0.00% $2,000.00 $0.00 $1,248.00 $328,700.00 $40,595.50 $151,722.12 46.16% $115,713.00 $6,515.33 $39,402.60 34.05% $1,500.00 $0.00 $1,163.47 77.56% $13,250.00 $0.00 $5,201.83 39.26% $1,800.00 $364.47 $617.45 34.30% $15,000.00 $3,431.00 $9,306.28 62.04% $2,700.00 $3.82 $1,313.03 48.63% $900.00 $71.50 $285.70 31.74% $70,000.00 $1,637.28 $11,938.70 17.06% $29,500.00 $1,869.56 $8,910.60 30.21 % $17,800.00 $2,768.06 $12,572.99 70.63% $1,400.00 $398.35 $1,275.31 91.09% $9,000.00 $0.00 $8,791.00 97.68% $11,920.61 $993.38 $3,973.52 33.33% $725.00 $0.00 $284.98 39.31 % $10,000.00 $197.41 $599.58 6.00% $27,500.00 $1,468.18 $3,622.29 13.17% $328,708.61 $19,718.34 $109,259.33 33.24% ($8.61) $20,877.16 $42,462.79 STMA Arena Mtg 05/11/15 page 3 STMA ICE ARENA CASH BALANCES AND RECEIVABLES April 30, 2015 L,asn 6aiance vperauori5 Cash Balance 1/1/15 $108,337 Add Revenues (collected in 2015) $151,722 Less Expenses $109,259 Cash Balance 4/30/15 $150,800 Cash for operations Total Cash Balance 4/30/15 $150,800 $150,800 Accounts Receivable (invoiced) Operations April 30, 2015 - $1,037.50 Cash Balance Dedicated Capital Improvement Fund Arena Owner Dedicated Cap. Imp. Fund Beginning Balance 1/1/15-$4,784 Dehumid 2nd pmt Albert ($18,241.91 billed 4/8) $18,242 Dehumid 2nd pmt St. Mich ($18,241.91 billed 4/8) $0 Dehumid 2nd pmt ISD 885 ($18,241.91 billed 4/8) $18,242 2015 contribution rec. by St. Michael $0 2015 contribution rec. by Albertville $0 2015 contribution rec. by STMA Schools $0 Balance 4/30/15 $31,700 STMA Arena Mtg 05/11/15 page STMA Ice Arena Vendor Check Detail Register CITY OF ALBERTVILLE April 2015 Check Amt Invoice Comment 10100 Premier Bank Paid Chk# 003547E 4/6/2015 COURI & RUPPE, P.L.L.P. E 810-00000-304 Legal Fees $37.50 FEB2015 STMAArena Music License Paid Chk# 003552E 4/6/2015 RANDYS ENVIRONMENTAL SERVICES E 810-00000-384 Refuse/Garbage Disposal $133.01 APRIL2015 STMAArena Garbage Paid Chk# 003564E 4/14/2015 FERRELLGAS E 810-00000-212 Motor Fuels $12.00 RNT5921741 STMA Cylinder Rack Rental Paid Chk# 003565E 4/14/2015 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-381 Electric Utilities $27.95 STMA STMA Fire Panel Monitor May 2015 Paid Chk# 034195 4/2/2015 ARAMARK UNIFORM SERVICES E 810-00000-405 Repair/Maint - Buildings $14.26 629-8188592 STMAArena Mats, Mop Paid Chk# 034200 4/2/2015 DAN DEHMER LANDSCAPING INC E 810-00000-300 Professional Srvs (GENERAL) $243.50 5355 STMAArena Ice Removal Paid Chk# 034209 4/2/2015 METLIFE-GROUP BENEFITS E 810-00000-130 Employer Paid Ins (GENERAL) $164.55 April 2015 Emp Life, Dental, Stdis Paid Chk# 034221 4/2/2015 SCR, INC - ST. CLOUD E 810-00000-405 Repair/Maint - Buildings Paid Chk# 034223 4/2/2015 STEP SAVER INC E 810-00000-405 Repair/Maint - Buildings $660.00 296410 STMAArena Monthly Refrig Equip Maint $105.40 88467 Paid Chk# 034237 4/14/2015 CHARTER COMMUNICATIONS E 810-00000-321 Telephone $71.50 STMA STMA Arena Bulk Salt & Resin Cleaner STMA Arena Phone Paid Chk# 034247 4/16/2015 ARAMARK UNIFORM SERVICES E 810-00000-405 Repair/Maint -Buildings $14.26 629-8197829 STMAArena Mats, Mop Paid Chk# 034248 4/16/2015 BCBS OF MINNESOTA E 810-00000-130 Employer Paid Ins (GENERAL) $752.75 C1261100MAY1 Emp Health Ins Paid Chk# 034251 4/16/2015 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $1,869.56 STMA MAR1 5 STMA Arena 5898 Lachman Paid Chk# 034253 4/16/2015 DAN DEHMER LANDSCAPING INC E 810-00000-300 Professional Srvs (GENERAL) $150.00 5377 STMAArena Snow Plow Marl Paid Chk# 034280 4/27/2015 XCEL ENERGY E 810-00000-381 Electric Utilities $1,609.33 STMA453040594 STMAArena 5898 Lachman Ave 810 STMA ARENA $5,865.57 STMAArena Mtg 05/11/15 page 5 vo� A,lbertvillf. 5mckV Town LMeq_ Sic CGtu tits. SSTMIA MANAGER' GENERAL UPDATE Date: May llt , 2015 To: STMA Arena Board From: Grant Fitch, STMA Arena Manager ARENA RENTAL HOURS — MAY Name Prime -time Youth Hockey 0 hours Adult Hockey 0 hours High School Boys/Girls 0 hours Public Skating/OH 0 hours Private rentals 0 hours Lacrosse (local teams) 11.5 hours Total hours 11.5 hours city of . Ilic el Off-peak Ice -In Schedule: Compressors to go on June 4 with ice to follow on June 8 and ready to open by June 13 Friendly City Days Men's 4 on 4 Tournament: Games scheduled for the Saturday and Sunday, June 13 and 14 Summer Camps: Start on Monday June 15 and run through August 1 Dehumidification: Recently staff inspected the ceiling and insulation for moisture and no moisture was noticed. Areas that were previously saturated were completed dry. We have been running the dehumidification system through the off season to manage the humidity. Sidewalk: The concrete walk along the front of the building has many locations that have settled/sunk and are presenting tripping hazards. Staff is getting quotes to have the panels leveled via sand jacking. The project will cost approximately $1,500, but is necessary. Gutter Downspout: This past winter a visitor slipped on ice caused by a downspout draining onto the sidewalk. Last week the downspout was relocated. STMA Arena Mtg 05/11/15 page