Loading...
10-11-21 STMA Arena Board Packet City of A �bertvillc �� t. Achael Small's.'., Lining.Btg Ci6y lift. TM STMA ARENA BOARD AGENDA MONDAY, OCTOBER 11, 2021 ALBERTVILLE CITY HALL 6:00 PM 1) CALL TO ORDER—ROLL CALL 2) ADOPT AGENDA 3) APPROVAL OF THE MINUTES OF SEPTEMBER 13, 2021 (pgs. 1-2) 4) FINANCE REPORTS a) Approve the September list of claims as presented in the amount of$27,341.99 and September report(pgs. 3-6) b) Third Quarter Budget to Actual Projection (pg. 7) 5) ARENA MANAGER a) Monthly report(pgs. 8- 9) 6) OLD BUSINESS a) Hat Trick Hockey Lease -Update 7) NEW BUSINESS a) STMA YHA Dryland Mezzanine Plan (pgs. 10-11) b) STMA YHA Dryland Lease (pgs. 12-24) 8) YOUTH HOCKEY ASSOCIATION 9) ADJOURN ST. MICHAEL-ALBERTVILLE ICE ARENA BOARD MINUTES September 13,2021 6:00 p.m. Present: Chairman Larry Sorensen and members, Keith Wettschreck, Ryan Gleason, Kari Dwinnell, and Aaron Cocking. Absent: Members Walter Hudson and Tim Lewis. Also present: City Administrator Adam Nafstad, City Finance Director Tina Lannes, STMA Arena Manager Grant Fitch, School and Ground Director Jason Bichler, Adam Longberg from Hat Trick Hockey, Steve Sachs from Hat Trick Hockey, Karl Anderson and Garret Karels from STMA Youth Hockey Association. The meeting was called to order at 6:00 p.m. by Chairman Sorensen. Set Agenda Members Dwinnell\Cocking moved to set the agenda as presented. All voted aye. Approval of Minutes Members Cocking\Gleason moved to approve the minutes of the August 9, 2021 Board Meeting as presented. All voted aye. Members Gleason\Cocking moved to approve the minutes of the August 30, 2021 Board Meeting as presented. All voted aye. Finance Reports Lannes presented the finance reports. Members Cocking\Dwinnell moved to approve the August list of claims totaling $40,689.79 and the August Financial Report as presented. All voted aye. Arena Manager's Report Fitch presented the Arena Managers report mentioning that the hours sold in August was 214 hours which was 14 hours more than projected. Fitch updated the Board on the Arena parking lot was restriped and STMA Youth Hockey Season has started. There was discussion on ice time sold, STMA Youth Hockey has committed to morning ice Monday- Friday, excluding holidays, from October 18th to February 28th. Staff will be working on a contract with the association. Fitch reported staff is in the process of replacing the full-time vacancy of the Arena Maintenance position. Old Business Nafstad provided an update on the status of Hat Trick Hockey lease along with the possibility of STMA Youth Hockey to create a dryland space above the retail space. The retail space has an estimated cost of$300,000 and the mezzanine of about$200,000; however, more information and engineering is needed for the groups to determine if the improvements are feasible. There was continued discussion on the proposed mezzanine build. Staff recommended the Board to approve the lease with Hat Trick Hockey with the assumption that STMA Youth Hockey Association will not move forward. Members Dwinnell\Gleason moved to approve the lease with Hat Trick Hockey subject to the City Attorney edits and directing staff to execute the lease by September 28, 2021, if STMA Youth Hockey Association decides not to move forward. All voted aye. Member Cocking excused himself from the meeting at 6:17 P.M. STMA Arena Board Mtg 10/11/21 Page 1 Nafstad updated the Board on the ice allocation policy draft with priority of users and sets up timelines for the user groups to book hours by a certain date. Nafstad stated that the change was to give priority to local user groups as directed by last meeting direction. There was continued discussion on ice time sales, rates and priority for user groups. New Business Member Dwinnell mentioned she has heard from others that there is a need for a workout area in the arena with the suggestion on using the community room. Member Dwinnell reached out to Ashley Darkenwald from InFit who was interested in the possibility. Currently, the room is booked through Grant and currently the community room goes with the ice rental for STMA Youth Hockey during the season. Nafstad stated that the use of the space needs to be determined by the school board. Nafstad also noted potential access control issues should the space be leased. Darkenwald mentioned she would work with STMA Youth Hockey Association if this use would be approved. Member Dwinnell suggested that the STMA Arena Board should create future goals. Member Wettschreck agreed goals would be good to discuss and asked staff what goals would be needed and helpful. Nafstad stated that they should be tied to the budget such as selling ice and watching expenses. There was additional discussion on possible goals, ideas, ice sales,private hockey rentals, tournaments and changes to the ice rental schedules. The STMA Arena Board directed to staff to sell as much ice as possible with some flexibility to our local users. Nafstad informed the Board that we really have not had a good, full year, of concession sales and currently staff doesn't have a solid number for a lease on the concession stand. There was discussion on the future use of the concession stand and options. Staff was directed by the Board to stock, hire and open the concession stand continue running it by STMA Arena staff. Youth Hockey Association Karl Anderson thanks the board and staff for all their hard work. The Youth Hockey Association will be hosting a State Tournament,the Junior Gold, and Minnesota Hockey loves the facility. Adiourn Members Gleason\Wettschreck moved to adjourn at 7:16 p.m. All voted aye. Attest: Tina L. Lannes, City Finance Director STMA Arena Board Mtg 10/11/21 Page 2 City of Ibcrtvf11c 5T t. Michie] Small Town Living.gig,Jtv UFC. STMA Ice Arena Budget to Actual September 2021 (Cash Basis) September 2021 2021 Actual STMA Arena 2021 Budget Actual YTD 9/30/21 Income Ice Rental $672,585.00 $30,440.53 $381,441.63 Concessions $35,000.00 $8.00 $72.50 Room Rental $500.00 $0.00 $0.00 Other Revenues(Advertising/LMC/Ins Claims/ATM) $20,000.00 $20,000.00 $20,699.42 Vending $1,500.00 $0.00 $631.55 Open Skate/Hockey,etc. $6,000.00 $1,199.00 $10,392.15 Interest $1,000.00 $0.00 $0.00 reimbursement-Cities $0.00 $0.00 $0.00 Misc.Revenue $100.00 $5.00 $110.00 Total Income $736,685.00 $51,652.53 $413,347.25 Expenses Salaries,Wages,Taxes&Benefits $347,175.95 $22,427.55 $205,009.54 Supplies(Office,Misc.) $1,500.00 $0.00 $173.59 Supplies(Concession) $28,700.00 $0.00 $0.00 Fuel,Misc. $500.00 $0.00 $335.64 Professional Services $29,200.00 $1,338.46 $18,246.15 Sales Tax $3,448.00 $145.79 $818.83 Telephone $2,250.00 $175.12 $1,522.96 Electric $130,000.00 $15,956.75 $94,19636 Gas $45,000.00 $2,237.12 $28,302.93 Water $15,000.00 $687.54 $5,533.50 Refuse $2,750.00 $113.42 $785.38 Insurance $22,000.00 $0.00 $13,589.00 Education/Training $1,500.00 $0.00 $198.00 Administration $13,812.66 $1,151.05 $10,359.49 Misc. $5,700.00 $0.00 $3,421.50 Repair Maintenance-Machinery $15,000.00 $120.00 $15,058.22 Repair Maintenance-Building $40,000.00 $3,038.80 $26,904.13 Total Operating Expenses $703,536.61 $47,391.60 $424,455.22 Net Income/Loss $33,148.39 $4,260.93 ($11,107.97) STMA Arena Board Mtg 10/11/21 Page 3 STMA ICE ARENA CASH BALANCES AND RECEIVABLES September 30, 2021 Cash Balance Operations Est. Cash Balance Operations 1/1/21 (audited) $1,681 Add Acct Rec 2020 collected 2021 $153,276 Add Revenues $413,347 Less Expenses $(424,455 Est. Cash Balance Operations 09/30/21 $143,848 Accounts Receivable (invoiced) Operations September 30, 2021 - $13,035 Cash Balance Dedicated Capital Improvement Fund Arena Owner Dedicated Cap. Imp. Fund Beginning Balance 1/1/21 $100,664 Invoiced St. Michael $15,000 paid $15,000 Invoiced ISD 885 $15,000 paid $15,000 Invoiced City of Albertville $15,000 paid $15,000 Balance 09/30/21 $145,664 STMA Arena Board Mtg 10/11/21 Page 4 STMA Ice Arena Vendor Check Detail Register September 2021 Check# Check Date Vendor Name Amount Invoice Comment 10028 a 09/07/21 ARAMARK E 810-00000-405 Repair/Maint -Buildings $26.60 2530000383 Arena mats,mops 10030 a 09/07/21 BECKER ARENA PRODUCTS,INC E 810-00000-405 Repair/Maint -Buildings $68.19 601954 Flooding Hose 1"Black Solid 10034 a 09/07/21 COURI&RUPPE E 810-00000-304 Legal Fees $1,202.50 SEPTEMBE Arena-August 2021 Services 10045 a 09/07/21 MR CUTTING EDGE LLC E 810-00000-404 Repair/Maint- $80.00 3672 ice scraper blade 84" 10049 a 09/07/21 RANDY'S ENVIRONMENTAL SVCS E 810-00000-384 Refuse/Garbage Disposal $113.42 SEPTEMBE Arena trash removal 10050 a 09/07/21 SCR,INC E 810-00000-405 Repair/Maint -Buildings $917.00 W68179 chiller is down with several alarms going off E 810-00000-405 Repair/Maint -Buildings $119.00 W68897 suction group ctrl 722F,outlet temperature too high 10056 a 09/02/21 RESOURCE TRAINING&SOLUTIONS/ E 810-00000-130 Employer Paid Ins $3,594.50 2109024260 Emp Health Ins 10057 a 09/05/21 SIGNAPAY E 810-00000-300 Professional Srvs $135.96 SEPTEMBE Arena cc fees 10064 a 09/09/21 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $488.42 Arena Wtr Bill 8/18/21 87-00000315-00-0 E 810-00000-382 Water Utilities $199.12 Arena Wtr Bill 8/18/21 87-00000310-00-5 10066 a 09/20/21 ARAMARK E 810-00000-405 Repair/Maint -Buildings $26.60 2530000441 Arena mops,mats 10083 a 09/20/21 MR CUTTING EDGE LLC E 810-00000-404 Repair/Maint- $40.00 3779 Ice Scraper Blade 84" 10086 a 09/20/21 PREMIUM WATERS INC E 810-00000-405 Repair/Maint -Buildings $26.40 AUGUST Arena water delivery 10088 a 09/20/21 SCR,INC E 810-00000-405 Repair/Maint -Buildings $153.34 C006535 monthly CO2 tank charges E 810-00000-405 Repair/Maint -Buildings $431.00 W68944 after hours several alarms going off E 810-00000-405 Repair/Maint -Buildings $194.37 W69209 filters 10095 a 09/20/21 WRIGHT-HENNEPIN COOP ELECTRIC E 810-00000-381 Electric Utilities $10.74 Arena Elevator Monitoring 9/30/21 10108 a 09/20/21 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $145.79 SEPTEMBE Arena Sales Tax 41169 09/07/21 STEP SAVER,INC. E 810-00000-405 Repair/Maint -Buildings $70.80 148031 bulk salt STMA Arena Board Mtg 10/11/21 Page 5 STMA Ice Arena Vendor Check Detail Register September 2021 Check# Check Date Vendor Name Amount Invoice Comment 41173 09/07/21 OUTDOOR HOME SERVICES HOLDINGS E 810-00000-405 Repair/Maint -Buildings $119.49 142884770 Arena-Lawn Service 7/13/21 E 810-00000-405 Repair/Maint -Buildings $170.50 143012453 Arena-Vegetation Control 7/14/21 41193 09/20/21 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $2,237.12 SEPTEMBE 5898 Lachman Avenue NE 41195 09/20/21 CHARTER COMMUNICATIONS E 810-00000-321 Telephone $54.72 0131538083 5898 Lachman Avenue NE 8352305160131538 E 810-00000-321 Telephone $120.40 0131702091 5898 Lachman Avenue NE 8352305160131702 41207 09/20/21 XCEL ENERGY E 810-00000-381 Electric Utilities $15,946.01 746971204 5898 Lachman Avenue NE 51-5873315-4 810 STMA ARENA $27,341.99 STMA Arena Board Mtg 10/11/21 Page 6 STMA Ice Arena 3rd Quarter Estimated Actual 2021 (Accrual Basis) 2021 3rd Quarter Prelim July-Sept 2021 July-Sept 2020 July-Sept 2019 STMA Arena Budget Actual Actual Actual Income Ice Rental $311,021.00 $394,476.63 $395,426.61 $329,374.02 Concessions $0.00 $72.50 $40,521.25 $48,219.34 Room Rental $500.00 $0.00 $431.11 $0.00 Other Revenues(Advertising/LMC/Ins Claims/ATM) $0.00 $20,699.42 $12,350.00 $13,459.45 Vending $600.00 $631.55 $983.25 $862.05 Open Skate/Hockey,etc. $3,650.00 $10,392.15 $2,616.00 $12,358.80 Interest $480.00 $0.00 $798.31 $0.00 reimbursement-Cities $0.00 $0.00 $0.00 Misc. Revenue $100.00 $110.00 $177.00 $285.00 Total Income $316,351.00 $426,382.25 $453,303.53 $404,558.66 Expenses Salaries,Wages,Taxes&Benefits $174,430.00 $208,659.54 $221,862.39 $210,313.84 Supplies(Office,Misc.) $9,000.00 $173.59 $81.45 $2,267.12 Supplies(Concession) $0.00 $0.00 $12,409.28 $18,213.52 Fuel,Misc. $300.00 $335.64 $469.63 $1,048.78 Professional Services $12,000.00 $18,246.15 $5,278.14 $15,407.91 Sales Tax $1,925.00 $818.83 $3,660.38 $5,094.46 Telephone $1,122.00 $1,624.13 $1,628.85 $1,303.13 Electric $45,000.00 $108,196.36 $79,032.13 $71,089.36 Gas $28,500.00 $29,802.93 $21,937.52 $26,444.21 Water $7,500.00 $6,783.50 $5,536.91 $13,093.50 Refuse $1,670.00 $986.36 $1,787.26 $1,655.80 Insurance $15,000.00 $13,589.00 $827.00 $15,187.00 Education/Training $1,500.00 $198.00 $0.00 $165.00 Administration $6,906.30 $10,359.45 $10,057.77 $9,764.82 Misc. $4,200.00 $3,421.50 $1,735.00 $2,648.53 Repair Maintenance-Machinery $6,500.00 $16,058.22 $5,700.72 $1,423.60 Repair Maintenance-Building $18,200.00 $29,104.13 $31,632.57 $14,456.68 Total Operating Expenses $333,753.30 $448,357.33 $403,637.00 $409,577.26 Net Income/Loss ($17,402.30) ($21,975.08) $49,666.53 ($5,018.60) STMA Arena Board Mtg 10/11/21 Page 7 MANAGER' GENERAL UPDATE Date: October 1 lth,2021 To: STMA Arena Board From: Grant Fitch, STMA Arena Manager ARENA MONTHLY RENTAL HOURS—SEPTEMBER User Hour Sold STMAYHA 114 hours AAA 40 hours RYHA (Rogers) 0 hours Adult Hockey 6 hours High School Boys/Girls 0 hours Public Skating/OH 18 hours Private rentals 34 hours Total Hours Sold 212 Monthly Budget Projection 215 2022 Showcase AAA Tournament Series Dates: • April 8-10, Trailblazer—Boys and Girls, Open Levels • April 22-24,Meltdown—Boys and Girls, Open and Invite • April 29-May 1, Shock Doctor—Boys Open • May 6-8, Stampede—Boys and Girls, Open Levels • May 20-22, Independent Classic—Boys and Girls, Open and Invite • June 10-12, Summer Showdown—Boys and Girls, Open and Invite • August 5-7, International Cup—Boys and Girls, Open and Invite • August 12-14, Round Up—Boys and Girls, Open Levels • August 19-21, Easton Cup—Boys and Girls, Open and Invite • August 26-28, Summer Finale—Boys and Girls, Open and Invite • September 9-11, Warrior Cup—Boys and Girls, Open Level Tournaments have been going extremely well and Showcase hopes to continue working with STMA Arena next year. Possible 440 hours in AAA tournament games not including practice time for the Midwest Hockey program Arena Maintenance: Thanks to STMAYHA and Rick O'Brien (Advertising & Sponsorship Coordinator)who came in on his day off to help reposition and replace some advertising on the Blue Rink North wall. Lift was provided by STMAYHA and was left on site for a week and we used the lift to repair some lighting and hang some High School banners on the Blue Rink AED (Automated external defibrillator: The Arena has 2 AED's and the one on the Gold Rink is from 2004 and needs to be replaced. New is about$2500 and a used one is about$1,000. New units are child ready and communicate through 2.4 WIFI and will send an e-mail when they need service. Looking into rebates and other payment options STMA Arena Board Mtg 10/11/21 Page 8 STMAYHA: In August/Sept STMAYHA held a 4 session Learn to Skate engaging 45 kids of all elementary ages to participate in skating. It was a huge success and they had an additional 20 some kids on waiting lists. In September STMAYHA held its annual Try Hockey Free Day and had great attendance with another 40 kids. Hat Trick Hockey donated free hockey sticks to participants and STMAYHA won a Gear Up MN Grant to purchase $1500 worth of Hockey Skates for participants. 23 pair of skates were given out to kids who attended the event! Thanks to Danielle Castro (Mite/8U Coordinator) Dicks Sporting goods, Hat Trick Hockey for their contributions and all the volunteers that made it a success Arena Staffing: Full time position is still open STMA Arena Board Mtg 10/11/21 Page 9 KRJ ASTTTES,LLC /V Long Lake,MN 55355 I A - - - - - Yw w 1 91LCLN, UTA101 LLL= , . 9272021 A� MEZZANINE AREA OVERALL MEZZANINE AREA =1,9000 F OVERALL=BLE FLOOR AREA =1,13H sl E AREA L e RRELEcncaLRoom= ees orooa PRELIMINARY U� FI,OOR4'LAN T va^-vo„ FLOOR PLAN SECTION OPION A -- OF�N MFEANIM WITH .OW WA L OPTION A KRJ ASS.MC TES,LLC LakeaMMN5 55356 I I E ®E ® L O ow -, - � lu - 1. I �. 9.27.2021 I m MEZZANINE AREA OVERALL M=ANINE AREA =1,900 sf o- X00 OVERALL=LE FLOOR AREA =1,886sf eio EAEA 29 5" _ mooiie PELIMIARV O RP mEciw NicaL xoom = ees N �6-0I �L FLOOR PLAN SECTION OPTION 13 -- ML05�12 WZZANIM WITH WINPOW5 OPTION B ST. MICHAEL-ALBERTVILLE ICE ARENA JOINT POWERS BOARD COUNTY OF WRIGHT STATE OF MINNESOTA LEASE BETWEEN THE ST.MICHAEL-ALBERTVILLE ICE ARENA JOINT POWERS BOARD AND STMA YOUTH HOCKEY,INC. THIS AGREEMENT,made this day of ' 2021,by and between the St. Michael—Albertville Ice Arena Joint Powers Board("Board"or"Lessor") a joint powers board under the laws of the State of Minnesota,and STMA Youth Hockey,Inc. a Minnesota non-profit corporation("Lessee" or"Tenant"), to rent a portion of the STMA Ice Arena located at 5898 Lachman Avenue NE, Albertville, Minnesota 55301 for commercial retail space. WHEREAS,The Lessor in consideration of the rents and covenants hereinafter mentioned, does hereby demise, lease, and let unto the Lessee, and the Lessee does hereby hire and take from the Lessor a portion of the following premises located at 5898 Lachman Avenue NE, Albertville, Minnesota 55301 as graphically depicted on attached Exhibit A ("Leased Premises"). NOW, THEREFORE, in consideration of the foregoing and mutual promises and covenants set forth,the parties hereby agree as follows: 1. LEASED PREMISES The Board leases to Lessee the Leased Premises. 2. TERM A. The Term of this Agreement shall be for 10 years commencing on the date that a temporary or permanent occupancy permit is issued to Lessee following the completion of the installation of the General Improvements as required in paragraph 5.A.1 below. Lessee shall have access to the Leased Premises upon the execution of this Lease by all parties for construction purposes consistent with the construction requirements of this Lease. If no temporary or permanent occupancy permit is issued to Lessee by June 30, 2022,this lease shall be void. B. Lessee shall have two successive five-year lease renewal options,the first commencing upon the expiration of the initial term of this lease and the second commencing upon the expiration of the first five-year renewal option (provided the first renewal option is exercised). In order to exercise such options,Lessee shall send written notice to the Lessor of its intent to exercise such renewal option at least 90 days but not more than 365 days prior to the expiration of the lease term. Said renewal shall be on the same terms as this lease, except that there shall be no rental credit that is applied during such option term and the rent 1 STMA Arena Board Mtg 10/11/21 Page 12 shall be increased or decreased by the percentage change in the Consumer Price Index for All Urban Consumers(CPIAUC) as published by the United States Bureau of Labor Statistics (or a successor index if the CPIAUC is discontinued and a successor index is maintained by the Bureau of Labor Statistics)from the date of the execution of this lease to the date of the commencement of the option in question. Said options may be terminated by the Lessor before their exercise in the event the Lessor permanently ceases using the Arena for hockey games and hockey practices prior to the expiration of this lease or prior to the commencement of the second option if the first option is properly exercised. C. In the event the Ice Arena is unable to conduct its normal operations for a period of 30 days or more due to extraordinary circumstances beyond its control (e.g. mandated government shutdown due to a pandemic, etc.),the Lessee's obligation to pay rent under this lease shall be suspended during such shutdown and the term of this lease shall be extended for the same amount of time that the Ice Arena is unable to conduct its normal operations. 3. AUTHORIZED USE The Board grants to Lessee the exclusive use of the Leased Premises for use as space for exercising,practicing hockey on a non-ice surface,hockey training, and other activities designed to educate and train youth relating to the game of ice hockey. The Leased Premises shall be used and occupied by Lessee only for the uses specified in this Agreement. Lessee is prohibited from any use of the Leased Premises not specifically permitted under this Agreement without the prior written approval of the Board, such approval to be given at the Board's sole discretion. Lessee shall only be allowed access to the premises during such times as the arena building is manned and open by Lessor,which shall include all times that one or more ice arenas are open for use by the public or any group which has rented ice time from Lessor. Lessor may exclude Lessee from the Leased Premises during high school hockey games and high school hockey tryouts. 4. RENT,FEES AND CHARGES A. Rent shall be in the form of building improvements, rental of ice time on an hourly basis, and monthly rent payments as follows: 1. Monthly rent on the Leased Premises shall be$1 per year,plus other rental expenses as set forth in this paragraph 4. Lessee's first monthly rent payment shall be due on the day following the day a temporary occupancy permit is issued as set forth in paragraph 2 above. 2. The Lessee shall be responsible for paying all payments in lieu of real estate taxes required to be paid to Wright County. If the 2 STMA Arena Board Mtg 10/11/21 Page 13 Wright County billing for such amounts is in the name of Lessor, Lessee shall pay such amounts to Lessor at least 14 days prior to the date Lessor must make such payment to the County. If the Wright County billing for such amounts is in the name of Lessee, Lessee shall timely pay such amounts to Wright County. 3. Lessee shall rent, on an annual basis during the term of this lease, no less than 1,825 hours of ice time in the STMA Ice Arena between October I st of each year to March 15th of the following year at the prime rate established by the STMA Arena Board. All such ice time rental shall be consistent with the STMA Ice Arena allocation policy. 4. Rent shall be paid to Lessor in advance on the first day of the term of this lease and on the same day of each succeeding month. Payment shall be sent to the City of Albertville's Finance Director, or such other such person as Lessor may specify, and that said Lessee will keep and maintain the Leased Premises during the aforesaid term, and quit and deliver up the Leased Premises to the Lessor at the end of the aforesaid term or at any previous termination thereof for any cause, in as good order and condition and state of repair,reasonable use and wearing thereof excepted, as the same now is or may be put by the Lessor. 5. Lessee shall construct, at Lessee's expense,the improvements described in paragraph 5 of this Agreement. 6. Upon expiration or termination of this Lease, all improvements made to the Leased Premises by Lessee,including all improvements described on Exhibit B, shall be deemed additions to the real estate and shall become the property of the Lessor,in which case Lessor shall have no obligation to reimburse Lessee for any unused rental credit. All such unused rental credit shall expire upon the expiration or termination of this Lease. B. Utilities The Lessor shall be responsible for paying all reasonable electrical, gas, garbage, sewer and water utilities consumed during the term of the lease. The Lessee shall be responsible to pay all other utilities including,but not limited to, cable and phone/internet. In the event the Lessee places so much cardboard in the garbage that it hinders Lessors use of the garbage dumpster, Lessee shall pay for a separate cardboard disposal service for the cardboard boxes it generates. Lessee shall not waste utilities in the Leased Premises. In the event Lessee utilizes specific equipment on the Leased Premises that draw an excessive amount of electricity,Lessor may require Lessee to pay the electrical cost attributed to such equipment. Lessor shall 3 STMA Arena Board Mtg 10/11/21 Page 14 control the amount of heat provided to the Leased Premises such that the Arena ice may be efficiently maintained. C. Maintenance Lessee shall be responsible at its expense for all maintenance to the inside of the Leased Premises, the doors and windows, and the HVAC unit Lessee shall install on the roof of the Leased Premises. Lessor shall maintain the outside of the structure housing the Leased Premises (including the roof) and the parking lot. 5. LEASEHOLD IMPROVEMENTS A. Installation/Construction of General Improvements. 1. Subject to the terms of this Paragraph 5, the Lessee shall construct at its sole cost and expense the general building improvements to the Leased Premises described on the attached Exhibit B ("General Improvements") and shall equip the Leased Premises with trade fixtures and all personal property necessary or proper for the operation of Lessor's business. The Lessee shall proceed with reasonable diligence to enter into a contract for work and shall use reasonable efforts to complete such work by February 28, 2021. Such General Improvements shall become the property of the Board upon their installation and shall remain the property of the Board upon the termination of this lease. Personal property added by Lessee shall remain the property of Lessee. The Leased Premises shall be considered ready for occupancy by Lessee when the Lessor has obtained a temporary or permanent occupancy permit following the installation of the General Improvements. 2. The Lessee shall not be obligated to construct the General Improvements if the total cost of such General Improvements, including architectural fees, engineering fees and construction costs is estimated to exceed$ . In such event, the Lessee may either waive its right to terminate this lease and elect to construct said General Improvements or cancel this lease by serving written notice of cancellation on the Board by the earlier of: 1) within 14 days of presentation of such estimated costs to the Lessee; or 2)November 30, 2021. In the event the Lessee cancels this lease,both the Board and the Lessee shall be released from all obligations of this lease. 3. At the time of the execution of this lease, the parties estimate that total costs of the General Improvements will be approximately $ . Construction and installation of the General Improvement shall be at Lessee's sole expense. 4 STMA Arena Board Mtg 10/11/21 Page 15 4. The Lessee at its sole expense shall obtain all permits necessary to install the General Improvements. 5. The Board may have designated representatives present at the Leased Premises for inspection purposes at all times (or such times as the Board may deem necessary) during the construction and installation of the General Improvements. 6. Lessee shall provide the Board with a construction schedule for installation of the General Improvements. Further, Lessee shall notify the Board one week prior to initiation of construction of the General Improvements to coordinate review of the construction activities and to allow the Board time to initiate any safety precautions deemed necessary to protect the health and safety of patrons of the STMA Ice Arena. 7. Installation and construction of the General Improvements shall not interfere with (i) any construction work of the Board, (ii)the management and operation of the STMA Ice Arena, or(iii)the use of the STMA Ice Arena by other tenants or occupants. 8. Upon the execution of this Lease, Lessee shall have access to the premises for purposes of commencing construction of the General Improvements. B. Liens Lessee shall: 1)keep the Leased Premises free and clear from all liens for labor performed and materials furnished on behalf of Lessee; and 2) defend, at Lessee's cost, each and every lien asserted or filed against the Leased Premises, or against this Agreement and any improvement on behalf of Lessee on the Leased Premises and pay each and every judgment resulting from such lien. Lessee's contractor shall,prior to commencing work on the Leased Premises, provide the Board with a payment bond in the amount of the estimated cost of the General Improvements. C. Title to Improvements and Structural Alterations All personal property shall be removed by Lessee upon termination of the lease term. Any improvements to the Leased Premises shall become the property of the Board. 6. MAINTENANCE OBLIGATIONS A. Board Obligations The Board shall maintain the building, landscaping and shall clear snow and ice from the sidewalks, entryways to the building, and parking lot,but the Board shall not be obligated to maintain the interior of the Leased 5 STMA Arena Board Mtg 10/11/21 Page 16 Premises,nor any fixtures or equipment installed in the Leased Premises as part of the General Improvements. B. Lessee's Obligations Lessee shall be obligated, without cost to the Board, to maintain all portions of the Leased Premises not maintained by the Board per paragraph 6A above. Lessee shall keep the Leased Premises in good appearance, repair, and safe condition at all times. Lessee shall be responsible for all janitorial service and garbage removal within the Leased Premises. 7. DAMAGE TO OR DESTRUCTION OF LEASED PREMISES A. Repair All damage or injuries to the Leased Premises and to fixtures, appurtenances, and equipment by Lessee,moving property in or out of the Leased Premises or by installation, removal of furniture, fixtures, equipment, or other property by Lessee, or resulting from any other cause of any other kind or nature whatsoever due to carelessness, omission, neglect, improper conduct, or other causes of Lessee, or their subtenants, invitees, agents, or employees shall be repaired,restored, or replaced promptly by Lessee within fifteen (15) days at its sole cost and expense to the satisfaction of the Board. The Board will notify Lessee in writing if the Board determines repairs must be made. No rent shall abate if damage resulted from any act of Lessee or their subtenants, invitees, agents, or employees. If repairs are not made within fifteen (15) days of the notification of the damage, and the Board was not responsible for the damage, the Board will notify Lessee in writing that the Board will make the repairs and charge Lessee the current hourly rate for labor and materials at cost, unless otherwise agreed to. An administrative overhead charge of fifteen percent(15%) shall be added to the total cost(employee plus material cost) of the billing. Additional interest at the rate of eighteen percent(18%)per year shall accrue if the sum is not paid within five (5) days after rendition of a bill or statement, therefore. If the Board and its employees or agents damage the Leased Premises through their gross negligence or intentional act, the Board will be solely responsible for the repairs. If damage occurs that is not the fault of Lessee, or any of its subtenants, invitees, agents, or employees in any way making the Leased Premises unusable, rent and all other charges shall be abated on a per day pro-rated basis during the time the Leased Premises are unusable. B. Exceptions from Liability The Board shall not be liable or responsible to Lessee for any damage or destruction to Lessee's property from any cause other than the Board's own intentional or negligent acts. 6 STMA Arena Board Mtg 10/11/21 Page 17 8. INDEMNIFICATION AND INSURANCE A. Indemnification To the fullest extent permitted by law, Lessee does hereby covenant and agree to indemnify and hold harmless the Board and its members, officers, agents and employees (collectively "Indemnitees") from and against any and all liabilities,losses, damages, suits, actions, claims,judgments, settlements, fines or demands of any person arising by reason of injury or death of any person, financial loss, or damage to any property, including all reasonable costs for investigation and defense thereof(including, but not limited to, attorney's fees, court costs and expert fees) of any nature whatsoever arising out of or as a result of Lessee's operation at or about the Leased Premises including, but not limited to, construction of the General Improvements, or the acts or omissions of Lessee's officers, agents, employees, contractors, subcontractors, licensees or invitees, regardless of where the injury, death or damage may occur. The Board shall give Lessee reasonable notice of any such claim or action. In indemnifying or defending an Indemnitee, Lessee shall use legal counsel reasonably acceptable to the Board. The Board, at is option, shall have the right to select its own counsel or to approve joint counsel as appropriate (considering potential conflicts of interest) and any experts for the defense of claims. Lessee, at its expense, shall provide to the Board all information, records, statements, photographs, video, or other documents reasonably necessary to defend the parties on any claims. This provision shall survive expiration or earlier termination of the Agreement. The furnishing of the required insurance hereunder shall not be deemed to limit Lessee's obligations under this Agreement. As a distinct and separate indemnification obligation, Lessee shall defend, indemnify, and hold the Board harmless from any claims or liabilities as a result of Lessee's failure to procure and to keep in force the insurance required as part of this Agreement. Lessee shall not use or permit the Leased Premises to be used in any manner that would void Lessee or the Board's insurance or unreasonably increase the insurance risk. Lessee shall comply with all requirements imposed by the insurers for the Board and Lessee. B. Board Insurance During the term of this Lease, the Board shall insure the building and all fixtures belonging to the Board against fire and other casualty. The Board shall pay all premiums to obtain and keep in force such insurance coverage. The Board shall not be obligated to insure Lessee's contents. C. Lessee Insurance During the term of this Lease, Lessee shall maintain in force a liability 7 STMA Arena Board Mtg 10/11/21 Page 18 insurance policy from an insurer licensed to do business in Minnesota naming the Board as an additional insured with the greater of the following liability limits: 1) $2,000,000 per person for personal injury or death and$2,000,000 per occurrence for personal injury or death or damage to property, or 2)the municipal tort liability amount as set forth in Minn. Stat. 466.04 or its successor statute. Prior to occupancy of the Leased Premises and annually thereafter Lessee shall present the Board with certificates of insurance evidencing the required insurance. All policies of insurance shall contain a provision or endorsement that the coverage afforded will not be canceled or reduced in limits by endorsement, and that renewal will not be refused, until at least 30 days prior written notice has been given to the Lessee. Upon receipt of such notice, the Lessee shall promptly forward a copy of the notice to the Board. Lessee shall be responsible for providing its own contents and renter's insurance. D. Insurance The Lessee shall be responsible for insuring its contents contained in the Leased Premises. 9. COMPLIANCE WITH LAWS A. Compliance with Laws Lessee, at its sole expense, shall promptly comply with and conform to all present and future laws, ordinances,regulations, and requirements of federal, state, county, and other government bodies of competent jurisdiction that apply to or affect, either directly or indirectly, Lessee's use and occupation of the Leased Premises, and with any lawful order or direction of any public officer relating thereto and operations and activities under this Agreement. The Board shall have the right to and shall adopt and enforce reasonable rules and regulations with respect to the use of the Leased Premises and related facilities, which Lessee must observe and obey,provided such rules do not conflict with the normal operating procedures for the intended use of the property by Lessee. B. Notices of Violation Lessee shall notify the Board within two (2)Business Days of any notices of violation of any laws, ordinance,rule, regulation, or order. 10. DEFAULT A. Events of Default Any of the following shall constitute a default of this Agreement by Lessee. 1. Lessee is in arrears in the payment of rent for a period of five (5) days after written notice of default from the Board. 8 STMA Arena Board Mtg 10/11/21 Page 19 2. Lessee fails to operate the Leased Premises as required, or Lessee fails or neglects to do or perform or observe any of the covenants contained herein on its part to be kept and performed and such failure or neglect shall continue for a period of not less than thirty (30) days after the Board has notified Lessee in writing of Lessee's default hereunder and Lessee has failed for reasons other than those beyond Lessee's control to correct such default within said thirty (30) days (such thirty (30) day notification period shall not be construed to apply to any default in payment of rent). 3. Lessee shall be declared to be bankrupt or insolvent according to law, or if any assignment of its property shall be made for the benefit of creditors. 4. Lessee fails to maintain the required insurance for any time period as required under this Lease. B. The Board's Rights Upon Default The Board, or those having an estate in the Leased Premises,may take any of the remedies set forth in the following subsections. 1. Immediately, or at any time thereafter, without further notice to Lessee, but in compliance with applicable law, re-enter into or upon the Leased Premises or any part thereof and take possession of the same fully and absolutely without such re- entry working a forfeiture of the rents or other charges to Lessee for the full Term of this Agreement, and in the event of such re-entry, The Board may proceed for the collection of the rents or other charges to be paid under this Agreement or for properly measured damages; or 2. The Board may, at its election,terminate Lessee's rights under this Agreement upon written notice in the manner hereinafter provided and re-enter Leased Premises as of its former estate therein, and Lessee covenants in case of such termination to remain responsible to the Board for all loss of rents and expense including reasonable attorney's fees which the Board has suffered or paid by reason of termination, during the residue of the Term; or 3. The Board shall further have all other rights and remedies including injunctive relief, ejectment, or summary proceedings in unlawful detainer, and all such remedies shall be cumulative. 9 STMA Arena Board Mtg 10/11/21 Page 20 It. RIGHT OF ENTRY The Board, its officers, agents, and employees shall have the right,without limitation, throughout the Term of this Agreement to enter upon the Leased Premises for any lawful purpose, including the purpose of determining whether Lessee is complying with its obligations herein. Such entry by the Board shall not be deemed to excuse Lessee's performance of any promise, term, condition, or covenant required of it by this Agreement, and shall not be deemed to constitute waiver thereof by the Board. 12. QUIET ENJOYMENT So long as Lessee is not in default in its obligations hereunder, the Board covenants and agrees that Lessee shall have, hold, and enjoy peaceful and uninterrupted possession of all of the Leased Premises, subject to Lessor's right of entry set out herein. 13. GENERAL PROVISIONS A. Sublease or Assignment Lessee shall not sublease, transfer, assign or allow any other person or entity operating rights under this Agreement without the Board's prior written consent. This Agreement is binding on all legal representatives, successors or assigns. Consent is subject to payment of all rents and the performance of all covenants, conditions and terms contained in this Agreement by Lessee. In no case shall the Board be obligated to consent to any sublease,transfer, or assignment. A sublease of the premises by Lessee shall not release Lessee from the obligations of this Lease without the written consent of the Board. B. Minnesota Law and Jurisdiction The laws of the State of Minnesota shall govern this Agreement. Lessee further consents to the jurisdiction of the Minnesota state courts. C. Severability If any term, condition, or provision of the Agreement or the application thereof to any person or circumstance shall, to any extent, be held to be invalid or unenforceable,the remainder thereof and the application of such terms,provisions, and conditions to persons or circumstances other than those as to whom it shall be held invalid or unenforceable shall not be affected thereby, and the Agreement and all the terms,provisions, and conditions hereof shall, in all other respects, continue to be effective and to be complied with to the full extent permitted by law. D. Accord and Satisfaction No payment by Lessee of a lesser amount than the rent or other payments 10 STMA Arena Board Mtg 10/11/21 Page 21 required in this Agreement shall be deemed an accord and satisfaction. The Board shall accept such payment without prejudice to the Board's rights to recover the balance of rent and/or payments due or to pursue any other remedy. E. Attorney's Fees and Costs In the event of any default of this Agreement, Lessee shall reimburse the Board for all reasonable and documented fees and costs incurred by the Board including reasonable attorney's fees, relating to such default and/or the enforcement of the Board's rights hereunder. F. Relationship of Parties It is understood and agreed that nothing in this Agreement is intended or shall be construed as in any way creating or establishing the relationship of co-partners hereto, or as constituting Lessee as the agent,representative or employee of the Board for any purpose or in any manner whatsoever. Lessee is to be and shall remain an independent Lessee with respect to all services performed under this Agreement. G. Headings The headings incorporated in the Agreement are for convenience in reference only and are not a part of the Agreement and do not in any way limit or add to the terms and provisions hereof. H. Waiver The waiver or breach by Lessee or the Board of any term of this Agreement shall not be deemed a waiver of any subsequent breach of the same term or any other term of this Agreement. I. Entire Agreement This represents the entire agreement between the parties. This Agreement may only be modified if done in writing and executed by both parties. J. Return of Leased Premises Upon expiration or termination of this Lease, Lessee shall return the Leased Premises to the Lessor in substantially the same condition as when Lessee took possession (but with modifications to the Leased Premises as approved by the Lessor),normal wear and tear excepted. K. Notices Any notices to the parties herein shall be in writing, delivered by hand or registered mail addressed as follows: St. Michael—Albertville Ice City of Albertville Arena Joint Powers Board Attn: Finance Director 5959 Main Avenue NE 11 STMA Arena Board Mtg 10/11/21 Page 22 P.O. Box 9 Albertville, MN 55301 STMA Youth Hockey Association L. Access to Leased Premises. Lessee shall have access to the Leased Premises only during such times as the building is open for normal operations by Lessor. IN WITNESS WHEREOF,the parties hereto signed and executed this instrument the day and year first above written, but effective as of the date set forth in Article 2. Date: 52021 ST.MICHAEL—ALBERTVILLE ICE ARENA JOINT POWERS BOARD By: Larry Sorensen Its: Chairperson By: Adam Nafstad Its: Secretary Date: , 2021 STMA YOUTH HOCKEY,INC. By: Its: Chief Executive Officer 12 STMA Arena Board Mtg 10/11/21 Page 23 EXHIBIT A EXHIBIT B EXHIBIT C 13 STMA Arena Board Mtg 10/11/21 Page 24