Loading...
2026-02-09 STMA Arena Board PacketSTMA ARENA BOARD AGENDA Monday, February 9, 2026 Albertville City Hall Council Chambers 6 pm 1.Call to Order 2.Adopt Agenda 3.Appointment of Chair and Acting Chair (Motion to appoint __________________________, to serve as Chair and ____________________________, to serve as Acting Chair) 4.Approval of the STMA Arena Board Minutes – December 8, 2025 (pgs. 1-2) 5.Finance Reports a.Approve the December 2025 Payment of Claims as presented and December 2025 Finance Report (pgs. 3-6) b.Approve the January 2026 Payment of Claims as presented and January 2026 Finance Report (pgs. 7-10) 6.Arena Manager a.Monthly Report and Ice Usage Stats – January 2026 (pgs. 11-14) 7.Old Business a.None 8.New Business a.Tort Liability Coverage Waiver (pgs. 15-16) (Motion to waive the monetary limits on municipal tort liability established by Minn. Stat. 466.04, to the extent of the limits of the liability coverage obtained from LMCIT.) b.Preliminary 2026 Budget and Rates (pgs. 17-18) c.Rubbing Matting (pgs. 19) STMA Arena Board Meeting February 9, 2026 Page 2 of 2 9. STMA Youth Hockey Association 10. Announcements and/or Upcoming Meetings March 9, 2026 STMA Arena Board, 6 pm 11. Adjournment ST. MICHAEL-ALBERTVILLE ARENA BOARD REGULAR MEETING MINUTES December 8, 2025-6pm Council Chambers Albertville City Hall Present: Members Gleason, Lefebvre, Steffens, Lewis and Acting Chair Hayden. Absent: Chairman Cocking and Member Weber. Also Present: City Administrator Nafstad, Finance Clerk Moseng, STMA Arena Manager Fitch, Adam Frost for STMA Youth Hockey, Rick Aulwes the Buildings & Grounds Coordinator for STMA School District. 1. Call to Order Acting Chair Hayden called the meeting to order at 6:00 pm. It was noted that Members were absent, but there is still a quorum present. 2. Adopt Agenda MOTION made by Member Gleason, seconded by Member Lewis to adopt the Agenda as presented. Ayes: Gleason, Lefebvre, Steffens, Lewis and Hayden. Nays: None. Absent: Cocking and Weber. The motion carried. 3. Approval of Minutes City Staff Moseng noted the error in the October 13, 2025 minutes of the new member Lefebvre being listed as Mr. Hamilton. Member Lefebvre was present and voted on all motions. Minutes will be updated accordingly and apologized for the error. MOTION made by Member Steffens, seconded by Member Lefebvre to approve the October 13, 2025 Arena Board Meeting Minutes as presented. Ayes: Gleason, Lefebvre, Steffens, Lewis and Hayden. Nays: None. Absent: Cocking and Weber. The motion carried. 4. Finance Reports Requested by Acting Chair Hayden to approve October and November 2025 Finance Reports and Payment of Claims as presented. Member Gleason made the MOTION, seconded by Member Lewis. Ayes: Gleason, Lefebvre, Steffens, Lewis and Hayden. Nays: None. Absent: Cocking and Weber. The motion carried. 5. Arena Manager’s Report Mr. Fitch gave a brief review of the operation line-items to the Board. Mr. Fitch also wanted to thank the school district for their assistance with bringing over the lift a handful of times saving rental fees. STMA Arena Board 02/09/26 1 STMA Arena Board December 8, 2025 Minutes Page 2 6. Old Business None 7. New Business None 8. Youth Hockey Association Mr. Frost wanted to give thanks to the Arena Staff. STMA Youth Hockey hosted the second annual kick-off event and it was a success for the organization and community. 9. Announcements and/or Upcoming Meetings January 12, 2026 STMA Arena Board, 6pm (may be cancelled for lack of items) 10. Adjournment Meeting was adjourned by Acting Chair Hayden at 6:14 pm. Respectfully submitted, _________________________________ Kristie Moseng, Finance Clerk STMA Arena Board 02/09/26 2 STMA Arena Budget to Actual December 2025 (Cash Basis) STMA Arena 2025 Budget December 2025 Actual 2025 Actual YTD 12/31/25 2025 YTD % of Budg e t Income Ice Rental 756,902.52$ 217,382.50$ 819,582.85$ 108.28% Concessions 80,000.00$ 18,014.75$ 89,642.31$ 112.05% Room Rental -$ -$ 85.00$ LiveBarn 5,000.00$ -$ 4,791.02$ 95.82% Other Revenues (Advertising/LMC/Ins Claims)10,500.00$ 10,000.00$ 11,530.00$ 109.81% Vending 2,300.00$ 273.00$ 1,583.50$ 68.85% Open Skate/Hockey, etc.3,000.00$ 625.00$ 3,571.00$ 119.03% Reimbursement -$ -$ -$ 0.00% Misc. Revenue -$ -$ (89.65)$ 0.00% Total Income $857,702.52 $246,295.25 $930,696.03 108.51% Expenses Salaries, Wages, Taxes & Benefits 364,739.91$ 59,081.20$ 332,253.21$ 91.09% Supplies (Office, Misc.)500.00$ -$ -$ 0.00% Supplies (Concession)40,000.00$ 15,271.16$ 39,636.72$ 99.09% Fuel, Misc.500.00$ 160.73$ 172.73$ 34.55% Professional Services 21,200.00$ 3,862.16$ 21,468.96$ 101.27% Sales Tax 7,064.00$ 1,836.06$ 6,764.42$ 95.76% Telephone 1,400.00$ 105.97$ 1,042.90$ 74.49% Monitoring 650.00$ 21.48$ 639.62$ 98.40% Electric 160,500.00$ 12,088.68$ 141,733.69$ 88.31% Gas 67,800.00$ 23,704.56$ 76,308.21$ 112.55% Water 13,500.00$ 2,301.17$ 18,285.73$ 135.45% Refuse/Garbage 6,000.00$ 1,208.87$ 6,694.52$ 111.58% Insurance 43,836.00$ -$ 42,529.00$ 97.02% Education/Training 500.00$ -$ -$ 0.00% Administration 16,012.61$ 1,334.38$ 16,012.56$ 100.00% Misc.11,500.00$ -$ 3,906.67$ 33.97% Property Taxes 7,000.00$ -$ -$ Repair Maintenance – Machinery 20,000.00$ 1,348.65$ 7,383.33$ 36.92% Repair Maintenance – Building 75,000.00$ 4,984.96$ 106,749.77$ 142.33% Total Operating Expenses 857,702.52$ 127,310.03$ 821,582.04$ 95.79% Net Income/Loss $0.00 118,985.22$ 109,113.99$ STMA Arena Board 02/09/26 3 STMA ARENA CASH BALANCES AND RECEIVABLES December 31, 2025 Cash Balance Operations Est.Cash Balance Operations 1/1/25 388,978.36$ 2025 revenues collected in 2026 (104,425.00)$ 2025 expenses paid in 2026 7,802.19$ Add Revenues 930,696.03$ Less Expenses 821,582.04$ Est. Cash Balance Operations 12/31/25 401,469.54$ Accounts Receivable (invoiced) Operations December 31, 2025 - $104,771.19 Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over Hockey Finder 16.86$ 16.86$ MN Reign 2,654.58$ 20.98$ 20.98$ 20.98$ 2,591.64$ MN Steel Hockey Club 14.75$ 14.75$ NWCRH Girls Varsity Hockey 8,820.00$ 8,820.00$ STMA Boys High School Team 10,662.50$ 10,662.50$ STMAYHA 82,602.50$ 82,602.50$ Total 104,771.19$ 102,122.84$ 35.73$ 20.98$ 2,591.64$ Current 0-30 days $102,122.84 97.47% 30-60 days $35.73 0.03% 60-90 days $20.98 0.02% over 90 day $2,591.64 2.47% Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est. Beginning Balance 1/1/25 354,058.80$ Invoiced St. Michael $15,000 15,000.00$ Invoiced ISD 885 $15,000 15,000.00$ Invoiced City of Albertville $15,000 15,000.00$ Interest (59.99)$ Donations Albertville Utility Billing 66.99$ CTM Services/Olympia Down Payment (33,512.60)$ Xcel Rebate Credit 1,754.21$ Balance 12/31/25 367,307.41$ STMA Arena Board 02/09/26 4 STMA Arena Vendor Check Detail Register December 2025 16348 e 12/03/25 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $5,273.98 5898 Lachman Ave 9/30/25-10/28/25 16442 e 12/01/25 COMPASS GROUP USA, INC E 810-00000-254 Soft Drinks/Mix-Resale $1,146.30 MSP146982 Arena Concessions 16451 e 12/01/25 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $1,200.20 49854467016 Arena Concessions 16461 e 12/01/25 STEP SAVER, INC. E 810-00000-405 R/M - Buildings $81.00 189600 Bulk Salt 16463 e 12/01/25 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $134.78 2500841493 Janitorial Supplies 16468 e 12/01/25 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale $2,518.46 153865 Arena Concessions E 810-00000-252 Food/Concessions-Resale $3,743.70 154016 Arena Concessions 16471 e 12/01/25 MET LIFE INSURANCE E 810-00000-130 Employer Paid Ins $461.60 DEC 2025 Emp Life, Dental, Dis, Vision 16472 e 12/01/25 MEDICA E 810-00000-131 Employer Paid Health $3,109.33 DEC 2025 Emp Health Insurance 16495 e 12/05/25 ELAN FINANCIAL SERVICES E 810-00000-321 Telephone/Data $105.97 Spectrum Business 9/30/25-11/14/25 16509 e 12/25/25 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $565.16 8183491- Trash Removal 5898 Lachman Ave 16511 e 12/01/25 SIGNAPAY E 810-00000-300 Professional Svcs $425.96 DEC 2025 Arena CC Merchant Fee 16513 e 12/09/25 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $239.55 Water Bill 11/18/25 87-0000310-00-5 E 810-00000-382 Water Utilities $837.75 Water Bill 11/18/25 87-0000315-00-0 16514 e 12/10/25 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee $1,334.38 DEC 2025 12/25 Arena Admin Fee 16515 e 01/05/26 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $6,778.68 5898 Lachman Ave 10/29/25-11/26/25 16516 e 12/18/25 XCEL ENERGY E 810-00000-381 Electric Utilities $12,088.68 955950962 5898 Lachman Ave Arena 11/4/25-12/7/25 16520 e 12/15/25 ACE OF ALBERTVILLE - ARENA E 810-00000-405 R/M - Buildings $27.96 138682/1 Misc Supplies & Materials E 810-00000-405 R/M - Buildings $89.31 138847/1 Misc Supplies & Materials 16528 e 12/15/25 CINTAS FIRST AID & SAFETY E 810-00000-405 R/M - Buildings $161.59 5306114103 Medical Supplies 16536 e 12/15/25 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $1,143.10 49982226005 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $1,032.20 50048920013 Arena Concessions STMA Arena Board 02/09/26 5 16545 e 12/15/25 MR CUTTING EDGE LLC E 810-00000-404 R/M - Machinery/Equip $123.00 7914 Equipment Repair 16549 e 12/15/25 PREMIUM WATERS INC E 810-00000-405 R/M - Buildings $27.97 802827-11-25 Bulk Water 16552 e 12/15/25 SCR, INC E 810-00000-405 R/M - Buildings $3,157.00 AC013263 Monthly Blanket - Dec 2025 E 810-00000-405 R/M - Buildings $283.25 AC013263 Monthly Blanket - Nov 2025 16559 e 12/15/25 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale $1,523.61 154140 Arena Concessions 16563 e 12/15/25 WRIGHT-HENNEPIN COOP ELECTRIC ASSOC E 810-00000-327 Monitoring $10.74 35032650472 Elevator Monitoring-5898 Lachman Ave 16565 e 12/18/25 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $1,836.06 DEC 2025 Arena Sales Tax 16608 e 12/30/25 DACOTAH PAPER E 810-00000-405 R/M - Buildings $484.96 66640 Janitorial & Cleaning 16613 e 12/30/25 FERRELLGAS LP E 810-00000-212 Motor Fuels $160.73 2045313691 Propane 16616 e 12/30/25 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $450.00 50255893013 Arena Concessions 16626 e 12/30/25 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $85.11 2500858801 Janitorial Supplies E 810-00000-405 R/M - Buildings $85.11 2500864829 Janitorial Supplies E 810-00000-405 R/M - Buildings $85.11 2500870696 Janitorial Supplies 16631 e 12/30/25 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale $1,529.22 154379 Arena Concessions E 810-00000-252 Food/Concessions-Resale ($122.95) 154468 Arena Concessions E 810-00000-252 Food/Concessions-Resale $1,036.94 154677 Arena Concessions 43667 12/01/25 BANYON DATA SYSTEMS E 810-00000-300 Professional Svcs $224.50 167156 Fund, Payroll & UB Support 43671 12/01/25 HILLYARD, INC. E 810-00000-404 R/M - Machinery/Equip $940.40 606007129 Janitorial Supplies 43678 12/02/25 BUREARU OF CRIMINAL APPREHENSION E 810-00000-300 Professional Svcs $15.00 Background Check-Brian Maciej 43690 12/15/25 HILLYARD, INC. E 810-00000-404 R/M - Machinery/Equip $285.25 606022124 Janitorial Supplies 43708 12/30/25 JURRENS OUTDOOR SERVICES LLC E 810-00000-405 R/M - Buildings $193.28 INV-3467 Mowing 10/1/25, 10/13/25 810 STMA Arena $54,913.93 STMA Arena Board 02/09/26 6 STMA Arena Budget to Actual January 2026 (Cash Basis) STMA Arena 2026 Prelim Budget January 2026 Actual 2026 Actual YTD 01/31/26 2025 YTD % of Budget me Ice Rental 778,434.48$ (2,340.00)$ (2,340.00)$ -0.30% Concessions 85,000.00$ 29,545.50$ 29,545.50$ 34.76% Room Rental -$ -$ -$ LiveBarn 4,500.00$ 2,798.83$ 2,798.83$ 62.20% Other Revenues (Advertising/LMC/Ins Claims)10,000.00$ -$ -$ 0.00% Vending 1,500.00$ 92.75$ 92.75$ 6.18% Open Skate/Hockey, etc.5,000.00$ 390.00$ 390.00$ 7.80% Reimbursement -$ -$ -$ 0.00% Misc. Revenue -$ -$ -$ 0.00% al Income $884,434.48 $30,487.08 $30,487.08 3.45% enses Salaries, Wages, Taxes & Benefits 366,911.48$ 34,079.14$ 34,079.14$ 9.29% Supplies (Office, Misc.)500.00$ -$ -$ 0.00% Supplies (Concession)40,000.00$ 8,579.97$ 8,579.97$ 21.45% Fuel, Misc.500.00$ -$ -$ 0.00% Professional Services 21,200.00$ 1,044.86$ 1,044.86$ 4.93% Sales Tax 7,680.00$ 717.47$ 717.47$ 9.34% Telephone/Data 1,400.00$ -$ -$ 0.00% Monitoring 650.00$ -$ -$ 0.00% Electric 160,500.00$ -$ -$ 0.00% Gas 72,900.00$ -$ -$ 0.00% Water 20,000.00$ -$ -$ 0.00% Refuse/Garbage 7,500.00$ -$ -$ 0.00% Insurance 45,700.00$ -$ -$ 0.00% Education/Training 500.00$ -$ -$ 0.00% Administration 16,493.00$ 1,334.38$ 1,334.38$ 8.09% Misc.7,000.00$ 1,932.00$ 1,932.00$ 27.60% Property Taxes -$ -$ -$ Repair Maintenance – Machinery 15,000.00$ 139.00$ 139.00$ 0.93% Repair Maintenance – Building 100,000.00$ 3,327.22$ 3,327.22$ 3.33% al Operating Expenses 884,434.48$ 51,154.04$ 51,154.04$ 5.78% Income/Loss $0.00 (20,666.96)$ (20,666.96)$ STMA Arena Board 02/09/26 7 STMA ARENA CASH BALANCES AND RECEIVABLES January 31, 2026 Cash Balance Operations Est.Cash Balance Operations 1/1/26 401,469.54$ 2025 revenues collected in 2026 104,425.00$ 2025 expenses paid in 2026 7,802.19$ Add Revenues 30,487.08$ Less Expenses 51,154.04$ Est. Cash Balance Operations 01/31/26 477,425.39$ Accounts Receivable (invoiced) Operations January 31, 2026 - $31,474.79 Team Amount Due 0-30 Days 30-60 days 60-90 days 90 days & Over Hockey Finder 3,027.98$ 3,027.98$ MN Reign 2,675.56$ 41.96$ 20.98$ 2,612.62$ NWCRH Girls Varsity Hockey 9,000.00$ 9,000.00$ STMA High School Boys 16,771.25$ 16,771.25$ Total 31,474.79$ 28,841.19$ -$ 20.98$ 2,612.62$ Current 0-30 days $28,841.19 91.63% 30-60 days $0.00 0.00% 60-90 days $20.98 0.07% over 90 day $2,612.62 8.30% Cash Balance Dedicated Capital Improvement Fund Arena Dedicated Capital Improvement Fund Est. Beginning Balance 1/1/26 367,307.41$ Invoiced St. Michael $15,000 15,000.00$ Invoiced ISD 885 $15,000 15,000.00$ Invoiced City of Albertville $15,000 15,000.00$ Balance 1/31/26 412,307.41$ STMA Arena Board 02/09/26 8 STMA Arena Vendor Check Detail Register January 2026 16597 e 01/02/26 HEALTH PARTNERS INC E 810-00000-130 Employer Paid Ins $329.20 47446410847 Emp Dental Ins 16599 e 01/02/26 MET LIFE INSURANCE E 810-00000-130 Employer Paid Ins $124.63 JAN 2026 Emp Life, Dis, Vision 16600 e 01/02/26 MEDICA E 810-00000-131 Employer Paid Health $3,490.04 JAN 2026 Emp Health Insurance 16667 e 01/06/26 SIGNAPAY E 810-00000-300 Professional Svcs $785.36 JAN 2026 Arena CC Merchant Fee 16684 e 01/20/26 COMPASS GROUP USA, INC E 810-00000-254 Soft Drinks/Mix-Resale $1,137.55 MSP150558 Arena Concessions 16690 e 01/20/26 GREAT LAKES COCA COLA DISTRIBUTION E 810-00000-254 Soft Drinks/Mix-Resale $723.60 50445918009 Arena Concessions E 810-00000-254 Soft Drinks/Mix-Resale $946.70 50528681014 Arena Concessions 16696 e 01/20/26 MR CUTTING EDGE LLC E 810-00000-404 R/M - Machinery/Equip $139.00 7978 Equipment Repair 16699 e 01/20/26 SCR, INC E 810-00000-405 R/M - Buildings $3,157.00 AC013389 Monthly Blanket - Jan 2026 16703 e 01/20/26 VESTIS GROUP, INC E 810-00000-405 R/M - Buildings $85.11 2500876496 Janitorial Supplies E 810-00000-405 R/M - Buildings $85.11 2500882302 Janitorial Supplies 16707 e 01/20/26 WATSON COMPANY, INC E 810-00000-252 Food/Concessions-Resale $2,880.71 154901 Arena Concessions E 810-00000-252 Food/Concessions-Resale $2,993.35 155126 Arena Concessions E 810-00000-252 Food/Concessions-Resale ($101.94) 155147 Arena Concessions 16710 e 01/16/26 MN DEPARTMENT OF REVENUE E 810-00000-315 Sales Tax $717.47 JAN 2026 Arena Sales Tax 16734 e 01/10/26 CITY OF ALBERTVILLE E 810-00000-412 Building Rentals/Admin Fee $1,334.38 JAN 2026 01/26 Arena Admin Fee 16671 e 01/20/26 WASTE MANAGEMENT E 810-00000-384 Refuse/Garbage Disposal $643.71 8198192- 12/1/25-12/31/25 16673 e 02/04/26 CENTERPOINT ENERGY E 810-00000-383 Gas Utilities $11,651.90 11/27/25-12/29/25 16681 e 01/08/26 CITY OF ALBERTVILLE E 810-00000-382 Water Utilities $239.26 Water Bill 12/17/25 87-0000310-00-5 E 810-00000-382 Water Utilities $984.61 Water Bill 12/17/25 87-0000315-00-0 43716 01/08/26 ACE OF ALBERTVILLE - ARENA E 810-00000-405 R/M Buildings $27.58 1391331/1 Misc Supplies & Materials E 810-00000-405 R/M Buildings $22.99 139181/1 Misc Supplies & Materials 43723 01/08/26 CINTAS FIRST AID & SAFETY E 810-00000-230 Medical Supplies $140.46 5310570302 Medical Supplies STMA Arena Board 02/09/26 9 43742 01/08/26 PREMIUM WATERS INC E 810-00000-405 Bulk Water $37.96 802827-12-25 Bulk Water 43751 01/20/26 ABDO, LLP E 810-00000-301 Auditing/Accounting Svcs $431.24 517303 2025 FS Accounting-Hourly 43759 01/20/26 WRIGHT-HENNEPIN COOP ELECTRIC ASSOC E 810-00000-327 Monitoring $10.74 35032719887 Elevator Monitoring 43760 01/20/26 BANYON DATA SYSTEMS E 810-00000-300 Professional Svcs $259.50167336 Fund, Payroll & UB Support 43761 01/20/26 BROADCAST MUSIC, INC. E 810-00000-433 Dues & Subscriptions $1,932.00 62906205 Estimated Fee 1/1/26-12/31/26 810 STMA Arena $35,209.22 STMA Arena Board 02/09/26 10 MANAGER’S GENERAL UPDATE Date: February 9th, 2026 To: STMA Arena Board From: Grant Fitch, STMA Arena Manager ARENA MONTHLY RENTAL HOURS – JANUARY User Hours Sold STMAYHA 379.75 (446.75 – 67 Resurface times) AAA 0 hours HS 101.75 hours Adult Hockey 12 hours Public Skating/OH 6.25 hours Private rentals 4.50 hours _____________________________________________________________________________________ Total Hours 504.25 (571.50) January Budget Projection 440 February Projected 410 **Billed Hours for January 2026 498 **Public Skating/OH ($5-$10/Head) 6.25 Ice Rates: For the Board’s use, tabulated below is a summary of current and past rates for local arenas. It should be noted most of the arenas surveyed also offer a spring/summer rate averaging $220/hour and are the same as their winter non-prime. Rates don’t include sales tax. Rates for the 2026-27 season are projected to go up $5 to $10 based on past trends and increased energy bill. Ice Rates 2026-27 Season 2025-26 Season 2024-25 Season Rogers A=$255/B=$200 A=$245/B=$190 A=$235/B=$180 Monticello A=$235/B=$215 A=$230/B=$210 A=$225/B=$185 Buffalo A=$250/B=$194 A=$244/B=$190 A=$240/B=$186 Elk River A=$265/B=$212 A=$255/B=$204 A=$250/B=$204 Delano A=$265/B=$240 A=$260/B=$235 A=$255/B=$230 Maple Grove A=$265/B=$225 A=$260/B=$220 A=$240/B=$200 Plymouth A=$280/B=$245 A=$275/B=$240 A=$265/B=$220 Sartell A=$245/B=$235 A=$240/B=$230 A=$230/B$215 St Cloud MAC A=$200 A=$190 A=$185 Blaine S-Rink A=$250 A=$245 A=$240 HBNHC A=$250 A=$250/B$225 A=$235/B$225 STMA A=TBD A=$235/B=$185 A=$230/B=$180 STMA Arena Board 02/09/26 11 STMA Ice Arena Board February 9th, 2026 Agenda Page 2 of 2 Operations: Compressors went down at about 9:30pm on Thursday 1/22/26 and system down for about 12 hours. Back online Friday 1/23/26. Ice rinks look okay, may have some more gray areas on the Blue Rink. We had issues with alarming and that has been resolved. Canceled HS Boys/Girls practices on Friday 1/23/26 due too high ice temp. Teams were not charged STMA Arena Usage Statistics: Attached are the Blue & Gold Rink hours for January 1st through January 31st, 2026. Times are broken down by event type. Rubber Matting: This item is included on the Agenda as a Discussion Item STMA Arena Board 02/09/26 12 Usage Statistics - Account 1/1/2026 to 1/31/2026 No Time restrictions All Days of the Week Selected Facilities Account Type/Account Hours % Hours Fee Other Tax Total % Total Adult Hockey 8.00 2.834%$1,880.00 $0.00 $138.64 $2,018.64 3.317% Hockey Finder (HF)8.00 2.834%$1,880.00 $0.00 $138.64 $2,018.64 3.317% High School Hockey 77.50 27.458%$20,072.50 $0.00 $0.00 $20,072.50 32.978% NWCRH Girls JV/Varsity Hockey 27.00 9.566%$6,885.00 $0.00 $0.00 $6,885.00 11.312% STMAHS JV/Varsity Boys 50.50 17.892%$13,187.50 $0.00 $0.00 $13,187.50 21.666% Private Rental 2.00 0.709%$470.00 $0.00 $0.00 $470.00 0.772% MEGA Goaltending (FHIT - MAP) 2.00 0.709%$470.00 $0.00 $0.00 $470.00 0.772% Public Sessions 6.25 2.214%$0.00 $0.00 $0.00 $0.00 0.000% Open Skate 6.25 2.214%$0.00 $0.00 $0.00 $0.00 0.000% Youth Hockey 188.50 66.785%$38,305.00 $0.00 $0.00 $38,305.00 62.933% STMAYHA 188.50 66.785%$38,305.00 $0.00 $0.00 $38,305.00 62.933% 282.25 $60,727.50 $0.00 $138.64 $60,866.14 BLUE RINK STMA Arena Board 02/09/26 13 Usage Statistics - Account 1/1/2026 to 1/31/2026 No Time restrictions All Days of the Week Selected Facilities Account Type/Account Hours % Hours Fee Other Tax Total % Total Adult Hockey 4.00 1.384%$940.00 $0.00 $69.32 $1,009.32 1.732% Hockey Finder (HF)4.00 1.384%$940.00 $0.00 $69.32 $1,009.32 1.732% High School Hockey 24.25 8.391%$5,698.75 $0.00 $0.00 $5,698.75 9.779% NWCRH Girls JV/Varsity Hockey 9.00 3.114%$2,115.00 $0.00 $0.00 $2,115.00 3.629% STMAHS JV/Varsity Boys 15.25 5.277%$3,583.75 $0.00 $0.00 $3,583.75 6.150% Private Rental 2.50 0.865%$587.50 $0.00 $43.32 $630.82 1.082% Private Rental - Taxable 2.50 0.865%$587.50 $0.00 $43.32 $630.82 1.082% Youth Hockey 258.25 89.360%$50,936.25 $0.00 $0.00 $50,936.25 87.406% STMAYHA 258.25 89.360%$50,936.25 $0.00 $0.00 $50,936.25 87.406% 289.00 $58,162.50 $0.00 $112.64 $58,275.14 GOLD RINK STMA Arena Board 02/09/26 14 Tort Liability Insurance Renewal Date: February 9, 2026 To: STMA Arena Board From: Tina Lannes, Finance Director Attached is the waiver form for review. It is recommended the Arena Board consider the following motion: Motion to waive the monetary limits on tort liability to the extent of the limits of the liability coverage obtained from LMCIT. The STMA Arena Board has in past years waived our monetary limits on tort liability and purchased additional coverage up to the $2,000,000 per occurrence and in aggregate. The League of Minnesota Cities Insurance Trust (LMCIT) requires and the SECTION I: LIABILITY COVERAGE WAIVER FORM states that members obtaining liability coverage from the League of Minnesota Cities Insurance Trust must decide whether or not to waive the statutory tort limits to the extent of the coverage purchased. This decision must be made by the governing board. Entities purchasing coverage must complete and return this form to LMCIT before the effective date of the coverage. Upon submission of this "signed and dated" Waiver Form, the LMCIT will issue an Extension of Coverage Binder effective with a 03/10/26 effective date. It usually takes more than thirty (30) days for the LMCIT to process a renewal application. The Extension of Coverage Binder assures the coverage beyond the 03/10/26 renewal date. STMA Arena Board’s Insurance Agent continues to recommend waiving the monetary limits on tort liability for the Arena. STMA Arena Board 02/09/26 15 League of Minnesota Cities Liability Coverage Waiver Form LIABILITY COVERAGE WAIVER FORM The decision to waive or not waive the statutory tort limits must be made annually by the member’s governing body, in consultation with its attorney if necessary. Members who obtain liability coverage from LMCIT must decide whether to waive the statutory tort liability limits to the extent of the coverage purchased. The decision has the following effects: •If the member does not waive the statutory tort limits, an individual claimant could recover no more than $500,000 on any claim to which the statutory tort limits apply. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would be limited to $1,500,000. These statutory tort limits would apply regardless of whether the member purchases the optional LMCIT excess liability coverage. •If the member waives the statutory tort limits and does not purchase excess liability coverage, a single claimant could recover up to $2,000,000 for a single occurrence (under the waive option, the tort cap liability limits are only waived to the extent of the member’s liability coverage limits, and the LMCIT per occurrence limit is $2,000,000). The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to $2,000,000, regardless of the number of claimants. •If the member waives the statutory tort limits and purchases excess liability coverage, a single claimant could potentially recover an amount up to the limit of the coverage purchased. The total all claimants could recover for a single occurrence to which the statutory tort limits apply would also be limited to the amount of coverage purchased, regardless of the number of claimants. Claims to which the statutory municipal tort limits do not apply are not affected by this decision. LMCIT Member Name: Check one: The member DOES NOT WAIVE the monetary limits on municipal tort liability established by Minn. Stat. § 466.04. The member WAIVES the monetary limits on municipal tort liability established by Minn. Stat. § 466.04, to the extent of the limits of the liability coverage obtained from LMCIT. Date of member’s governing body meeting: Signature:__________________________ Position: Members who obtain liability coverage through the League of Minnesota Cities Insurance Trust (LMCIT) must complete and return this form to LMCIT before their effective date of coverage. Email completed form to your city’s underwriter, to pstech@lmc.org, or fax to 651.281.1298. STMA Arena Board 02/09/26 16 2026 Preliminary Budget Date: February 9, 2026 To: STMA Arena Board From: Adam Nafstad, City Administrator Attached is the Preliminary 2026 Arena Budget for the Arena Boards review and consideration. Budgeted income is primarily based on ice rental, which assumes ice utilization similar to previous years. The proposed budget accounts for a decrease in advertising revenue, and does not include ice rental rate adjustments. Rental Rates Current Proposed Prime Rate (9/1/26 to 3/15/27) $235 $235 High School Game Rate $275 $275 School Day Rate (8:30-3:00) effective 9/1/25 $160 $160 Summer Rate (0 to 200 hrs) effective 9/1/25 $180 $180 Summer Rate (Over 200 hrs) $160 $160 Expenses generally include staffing, and projected supply, utility and maintenance costs. The budgeted expenses are based on historical costs and/or estimated utility and service estimates. The 2026 Preliminary Budget is a balanced budget totaling $884,434.48 STMA Arena Board 02/09/26 17 2026 STMA Arena Board Draft Budget (no rate increase) 2023 cash basis Actual 2024 cash basis actual 2025 mod accrual 12/31/25 2025 Budget 2026 Prelim Budget % change from 2025 to 2026 Income Ice Rental $731,984.43 $760,756.70 $819,582.85 $728,195.00 $778,434.48 6.90% Concessions $86,017.01 $77,668.15 $89,642.31 $80,000.00 $85,000.00 6.25% Room Rental $445.00 $575.00 $85.00 $0.00 $0.00 LiveBarn $3,783.05 $2,410.15 $4,791.02 $4,500.00 Other Revenues (Ad/LMC/Streaming TV) $18,763.90 $20,136.80 $11,530.00 $22,500.00 $10,000.00 -55.56% Vending $2,631.75 $2,631.75 $1,583.50 $2,300.00 $1,500.00 -34.78% Open Skate/Hockey, etc. (off season fill in)$6,020.00 $6,020.00 $3,571.00 $9,000.00 $5,000.00 -44.44% Reimbursement $10,127.58 $10,127.58 $0.00 $0.00 Misc. Revenue $0.00 $0.00 -$89.65 $0.00 $0.00 Total Income $859,772.72 $880,326.13 $930,696.03 $841,995.00 $884,434.48 5.04% Expenses Salaries, Wages, Taxes & Benefits $301,582.47 $301,582.47 $332,253.21 $336,964.16 $366,911.48 8.89% Supplies (Office, Misc.) $158.68 $158.68 $0.00 $500.00 $500.00 0.00% Supplies (Concession) $38,289.61 $38,289.61 $39,636.72 $44,500.00 $40,000.00 -10.11% Fuel, Misc. $337.72 $337.72 $172.73 $500.00 $500.00 0.00% Professional Services $16,361.35 $16,361.35 $21,468.96 $20,000.00 $21,200.00 6.00% Sales Tax $7,442.45 $7,442.45 $6,764.42 $7,304.00 $7,680.00 5.15% Telephone $1,442.13 $1,442.13 $1,042.90 $1,400.00 $1,400.00 0.00% Monitoring $10.74 $10.74 $639.62 $600.00 $650.00 8.33% Electric $157,792.00 $157,792.00 $141,733.69 $175,000.00 $160,500.00 -8.29% Gas $65,177.04 $65,177.04 $76,308.21 $72,900.00 $72,900.00 0.00% Water $10,364.77 $10,364.77 $18,285.73 $12,500.00 $20,000.00 60.00% Refuse $7,969.33 $7,969.33 $6,694.52 $8,500.00 $7,500.00 -11.76% Insurance $34,883.50 $34,883.50 $42,529.00 $37,800.00 $45,700.00 20.90% Education/Training $0.00 $0.00 $0.00 $500.00 $500.00 0.00% Administration $14,653.80 $14,653.80 $16,012.56 $15,546.22 $16,493.00 6.09% Misc. $4,698.75 $4,698.75 $3,906.67 $5,700.00 $7,000.00 22.81% Repair Maintenance – Machinery $10,166.38 $15,794.58 $7,383.33 $20,000.00 $15,000.00 -25.00% Repair Maintenance – Building $82,295.82 $90,408.32 $106,749.77 $75,000.00 $100,000.00 33.33% Total Operating Expenses $753,626.54 $767,367.24 $821,582.04 $835,214.38 $884,434.48 5.89% Net Income/Loss $106,146.18 $112,958.89 $109,113.99 $6,780.62 $0.00 Rental Rates Current Prime Rate (9/1/26 to 3/15/27) $235 High School Game Rate $275 School Day Rate (8:30-3:00) effective 9/1/25 $160 Summer Rate (0 to 200 hrs) effective 9/1/25 $180 Summer Rate (Over 200 hrs) $160 STMA Arena Board 02/09/26 18 Rubber Matting Date: February 9, 2026 To: STMA Arena Board From: Adam Nafstad, City Administrator The Arena Manager has researched replacement matting for various areas of the arena and is recommending replacement matting in the following locations: • Gold Rink Corridor • Locker rooms 1 through 7 • Gold rink Bathrooms (3) • Refs room • West end of the Gold Rink • Gold Rink players and penalty box areas • Southeast corner of Blue Rink There are several different grades of matting and staff is recommending Nora matting, a high- quality matting, which not only will hold up to wear the best, it is also the easiest to clean and keep sanitized. It is estimated the Nora product will last in excess of 20 years. The low quote for the job was submitted by All America Arena Products in the amount of $175,000. The replacement matting is included on the Arena’s CIP as a 2025 project; however, do to tariffs the project was delayed. STMA Arena Board 02/09/26 19