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02-10-20 STMA Arena Board AgendaSTMA ARENA BOARD AGENDA MONDAY, FEBRUARY 10, 2020 ALBERTVILLE CITY HALL 6:00 PM 1.CALL TO ORDER – ROLL CALL 2.ADOPT AGENDA 3. APPROVAL OF THE MINUTES OF JANUARY 13, 2020(pg. 1) 4.FINANCE REPORTS a)Approve the Januarylist of claims as presented in the amount of $10,379.73 and January report (pgs. 2-4) b) Updated December report – no action need (pgs. 5-6) 5. ARENA MANAGER a) Monthly report (pg. 7) 6. OLD BUSINESS 7. NEW BUSINESS a)Knight to Remember Event – Authorize one-day consumption of alcohol on Arena premises 8. YOUTH HOCKEY ASSOCIATION 9. ADJOURN P:\\Arena\\2020 STMA Ice Arena\\2020 Arena Agenda\\2020-02-10\\02102020 STMA Agenda.doc ST. MICHAEL-ALBERTVILLE ICE ARENA BOARD MINUTES December 9, 2019 6:00 p.m. Present:Chairman Kevin Kaseland members, LarrySorensen, Keith Wettschreck, Kari Dwinnell, Aaron Cocking and Tim Lewis. Member John Vetsch was absent. Also present: City Administrator Adam Nafstad, City Finance Director Tina Lannes and Karl and Garret from STMA Youth Hockey Association. The meeting was called to order at 6:01 p.m. by Chairman Kasel. Set Agenda Members Sorensen/Cocking moved to set the agenda as presented. All voted aye. Member Vetsch arrived 6:04 p.m. Approval of Minutes MembersSorensen/Lewis moved to approve the minutes of the December 9, 2019BoardMeeting as amended. All voted aye. Finance Reports Lannes presented the financials and noted that they are not the final for 2019 as there are still outstanding expenses, revenues and entries to be made. Members Cocking/Lewis moved to approve the December list of claims totaling $57,563.10 and the December Financial Report as presented. All voted aye. Chairman Kasel mentioned he was still working on the forecasting sheets. Arena Manager’s Report Nafstad reported that there were no additions to the report in the packet. Wettschreck asked about the checks numbered 39589 and 39681. Nafstad informed the board that check number 39589 to SCR in the amount of $4,183.46 was for the replacement of the radiant heat units in the old equipment room that Fitch mentioned at the previous meeting. Also, Nafstad stated that check 39681 to Hillyard in the amount of $7,155.61 is a piece of equipment that is believed to be reimbursed by the school district for a scrubber and we were to share the cost. Tort Liability Insurance Renewal Lannes presented the Tort Liability Insurance Renewal and stated in the past the Arena Board has waived it previously. Members Sorensen/Cocking moved to waive the monetary limits on tort liability to the extent of the limits of the liability coverage obtained from LMCIT. All voted aye. STMA Youth Hockey Garret mentioned that the association wanted to thank staff for being the cleanest around and Karl is very happy and impressed. State tournament coming up and a tournament this coming weekend. Adjourn Members Cocking/Lewis moved to adjourn at approximately 6:12 p.m. All voted aye. Attest: _________________________________ Tina L. Lannes, City Finance Director STMA Arena Board Mtg 02/10/10 Page 1 STMA Ice Arena Budget to Actual January 2020 (Cash Basis) 2020 January 2020 YTD % 2020 2020 Actual YTD of BudgetActual01/31/20Budget Income 11.88% Ice Rental$667,770.00 $79,332.81 $79,332.81 32.41% Concessions$65,000.00 $21,068.75 $21,068.75 Room Rental$500.00 $0.00 $0.00 Other Revenues (Advertising/LMC/Ins 1.75% Claims/ATM)$20,000.00 $350.00 $350.00 5.47% Vending$1,500.00 $82.00 $82.00 8.13% Open Skate/Hockey, etc. $12,000.00 $975.00 $975.00 0.00% Interest$1,600.00 $0.00 $0.00 Misc. Revenue$400.00 $116.00 $116.00 Total Income13.26% $768,770.00 $101,924.56 $101,924.56 Expenses 8.57% Salaries, Wages, Taxes & Benefits $331,824.50 $28,444.32 $28,444.32 3.83% Supplies (Office, Misc.)$1,500.00 $57.45 $57.45 5.21% Supplies (Concession)$28,850.00 $1,504.25 $1,504.25 0.00% Fuel, Misc.$1,500.00 $0.00 $0.00 1.80% Professional Services$28,000.00 $503.97 $503.97 10.04% Sales Tax$6,352.00 $638.00 $638.00 6.77% Telephone $1,700.00 $115.11 $115.11 0.01% Electric$150,000.00 $10.74 $10.74 0.00% Gas $60,000.00 $0.00 $0.00 3.55% Water$20,000.00 $709.53 $709.53 25.13% Refuse$2,500.00 $628.31 $628.31 0.00% Insurance $20,000.00 $0.00 $0.00 0.00% Education/Training$1,500.00 $0.00 $0.00 8.33% Administration $13,410.35 $1,117.52 $1,117.52 0.00% Misc.$3,385.00 $0.00 $0.00 5.31% Repair Maintenance – Machinery $11,000.00 $584.59 $584.59 4.48% Repair Maintenance – Building$30,000.00 $1,344.61 $1,344.61 Total Operating Expenses $711,521.85 $35,658.40 $35,658.40 5.01% Net Income/Loss$57,248.15 $66,266.16 $66,266.16 STMA Arena Board Mtg 02/10/10 Page 2 STMA ICE ARENA CASH BALANCES AND RECEIVABLES January 31, 2020 Cash Balance Operations Est. Cash Balance Operations 1/1/20 $ 35,408 Less expenses paid for 2019$(20,045) Add Revenues$101,925 Less Expenses$(35,658) Est. Cash Balance Operations 01/31/20 $ 81,629 Accounts Receivable (invoiced) Operations January 31, 2020 - $167,501.67 Cash Balance Dedicated Capital Improvement Fund Arena Owner Dedicated Cap. Imp. Fund Beginning Balance 1/1/20$51,369 Invoiced St. Michael $15,000$0 Invoiced ISD 885 $15,000$0 Invoiced City of Albertville $15,000$0 Balance 01/31/20$51,369 STMA Arena Board Mtg 02/10/10 Page 3 STMA Ice Arena Vendor Check Detail Register January 2020 Check AmtInvoiceComment Paid Chk# 008049E1/6/2020 RANDYS ENVIRONMENTAL SERVICES E 810-00000-384 Refuse/Garbage Disposal$628.31JANUARY 2020Arena Trash Removal Paid Chk# 008055E1/5/2020 SIGNAPAY E 810-00000-300 Professional Srvs (GENERAL)$276.83Arena cc fees Paid Chk# 008076E1/15/2020 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities$234.34wtr 1/15/20 E 810-00000-382 Water Utilities$475.19wtr 1/15/20 Paid Chk# 008077E1/21/2020 BCBS OF MINNESOTA E 810-00000-130 Employer Paid Ins (GENERAL)$3,430.0020010213079Emp Health Insurance E 810-00000-130 Employer Paid Ins (GENERAL)$776.0020010213079Emp Health Insurance Paid Chk# 008078E1/17/2020 MN DEPT OF REVENUE (TAX) E 810-00000-315 Sales Tax$638.00DECEMBER Arena Sales Tax Paid Chk# 008079E1/21/2020 AMERIPRIDE SERVICES, INC. E 810-00000-405 Repair/Maint - Buildings$31.792201286509Arena mops,mats Paid Chk# 008091E1/21/2020 WATSON COMPANY E 810-00000-252 Food/Concessions For Resale$1,116.28105650Arena Concessions Paid Chk# 008092E1/21/2020 WRIGHT HENNEPIN COOP ELECTRIC E 810-00000-381 Electric Utilities$10.74Arena Elevator Monitoring 1/31/20 Paid Chk# 039748 1/21/2020 BANYON DATA SYSTEMS E 810-00000-300 Professional Srvs (GENERAL)$227.1400159772Fixed Assets Support & POS Support Paid Chk# 039752 1/21/2020 CULLIGAN E 810-00000-405 Repair/Maint - Buildings$21.00101X3331150DI Carbon Standyb Rental Service 1/1/20-1/31/20 Paid Chk# 039756 1/21/2020 GREAT LAKES COCA-COLA DISTRIB E 810-00000-254 Soft Drinks/Mix For Resale$387.973597207655Arena Concessions Paid Chk# 039758 1/21/2020 HILLYARD E 810-00000-404 Repair/Maint - Machinery/Equip$584.59603719575ice melter,tissue,towel rolls,kitchen towels Paid Chk# 039769 1/21/2020 SCR, INC - ST. CLOUD E 810-00000-405 Repair/Maint - Buildings$951.00C004407Monthly Blanket Billing Paid Chk# 039781 1/28/2020 CHARTER COMM-ARENA E 810-00000-321 Telephone$115.1101317020110Arena Cable 8352305160131702 Paid Chk# 039782 1/28/2020 METLIFE-GROUP BENEFITS E 810-00000-130 Employer Paid Ins (GENERAL)$475.44Emp Life, Dental, Stdis, Vision Fund Summary 810 STMA ARENA $10,379.73 STMA Arena Board Mtg 02/10/10 Page 4 STMA Ice Arena Budget to Actual December2019 (Cash Basis) 2019 Actual 2019 YTD December YTD % of 2019 Budget2019 Actual12/31/19Budget Income 80.01% Ice Rental$600,346.76 $0.00 $480,339.14 139.49% Concessions$55,000.00 $0.00 $76,719.45 Room Rental$0.00 $0.00 $100.00 70.78% Other Revenues (Advertising/LMC/Ins Claims) $20,000.00 $0.00 $14,155.45 76.17% Vending$2,000.00 $0.00 $1,523.30 182.48% Open Skate/Hockey, etc.$7,000.00 $0.00 $12,773.80 0.00% Interest$1,600.00 $0.00 $0.00 Misc. Revenue $400.00 $0.00 $440.00 Total Income 85.39% $686,346.76 $0.00 $586,051.14 Expenses 95.72% Salaries, Wages, Taxes & Benefits $309,784.00 $0.00 $296,514.16 117.05% Supplies (Office, Misc.) $1,500.00 $0.00 $1,755.74 190.52% Supplies (Concession)$17,600.00 $55.80 $33,531.50 100.56% Fuel, Misc.$1,200.00 $0.00 $1,206.76 131.94% Professional Services $24,000.00 $3,385.30 $31,664.75 155.78% Sales Tax$4,508.00 $0.00 $7,022.55 118.01% Telephone $1,700.00 $51.68 $2,006.20 81.60% Electric $155,000.00 $11,659.90 $126,477.53 67.94% Gas $60,000.00 $5,784.22 $40,763.92 49.86% Water $30,000.00 $0.00 $14,958.05 104.23% Refuse$2,500.00 $0.00 $2,605.67 110.49% Insurance$20,000.00 $0.00 $22,097.00 11.00% Education and Training$1,500.00 $0.00 $165.00 100.00% Administration$13,019.76 $0.00 $13,019.76 97.06% Misc.$3,035.00$0.00 $2,945.86 114.62% Repair Maintenance – Machinery $11,000.00 $0.00 $12,608.61 84.84% Repair Maintenance – Building$30,000.00 $370.14 $25,450.71 Total Operating Expenses $686,346.76 $21,307.04 $634,793.77 92.49% Net Income/Loss $0.00 ($21,307.04)($48,742.63) ** Notes** Not the final for 2019 there are still outstanding journal entries that will occur from annual auditincluding Accounts Receivable $151,040 Accounts Payable $27,481.83 Depreciation expense, Interest earningsand additional items as needed to complete the financial statements accurately on an accrual basis. STMA Arena Board Mtg 02/10/10 Page 5 STMA ICE ARENA CASH BALANCES AND RECEIVABLES December 31, 2019 Cash Balance Operations Cash Balance Operations 1/1/19$ 80,695 receivable collected $ 3,455 Add Revenues (collected in 2019) $ 586,051 Less Expenses$(634,794) Est. Cash Balance Operations 12/31/19$35,408 Accounts Receivable (invoiced) Operations December 31, 2019 - $151,040.42 Cash Balance Dedicated Capital Improvement Fund Arena Owner Dedicated Cap. Imp. Fund Beginning Balance 1/1/19$156,581 Furniture($10,798) Sale of Sink$150 Zamboni ($139,676) Donations (via City of Albertville Water Bill) $112 Invoiced St. Michael $15,000$15,000 Invoiced ISD 885 $15,000$15,000 Invoiced City of Albertville $15,000 $15,000 Balance 12/31/19$51,369 STMA Arena Board Mtg 02/10/10 Page 6 MANAGER’ GENERAL UPDATE th Date:February 10,2020 To:STMA Arena Board From: Grant Fitch, STMA Arena Manager AMRH–J RENA ONTHLY ENTAL OURSANUARY UserHour Sold STMAYHA 285 hours ERYHA(Elk River) 3 hours RYHA (Rogers) 28 hours Adult Hockey 8 hours High School Boys/Girls 110 hours Public Skating/OH 16 hours Private rentals 13 hours ________________________________________________________________________ Total Hours Sold 463 (2 sheets) Monthly Budget Projection 425 (2 sheets) Construction: 02-04-20 SCR Finisheddisconnecting ductwork intheold mechanical room. Insulated caps to seal up openings completed. th Spring & Summer Ice removal and install:Gold Rink Ice out March 9 and back in by rdstst Monday April 13 2020. Blue Rink Ice out (tentative schedule) June 1 and back in by July 1 2020? Waiting for final details from Breitbach Construction and the School. The Knight Hawk event: Youth Hockey fundraiser is scheduled forSaturday March 21, 6 to 12am Dryland Options: STMA YHA is exploring options to repurpose the west end of the Gold Rink to include a dryland space. STMA Arena Board Mtg 02/10/10 Page 7