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<br /> . National Sports Center Ice Complex
<br /> .. A consortium of northern metropolitan governments have under consideration the construction
<br /> and operation of a facility located at the National Sports Center in Blaine and consisting of four
<br /> Olympic sized ice surfaces and related facilities. Development and operation of the facility will
<br /> . be supported by area communities, schools and non-profit associations.
<br /> This document was developed to address the anticipated operating revenues and expenses of
<br /> . the facility and the various methods available for financing it. In its preparation a number of
<br /> resources have been used which include but are not limited to MASC personnel. high school
<br /> athletic directors. ice arena managers, the Minnesota Ice Arena Managers Association and
<br /> . local hockey and figure skating associations.
<br /> As with any projection of operating performance. subsequent events and changes in economic
<br /> conditions, as well as changes in peoples' interests and lifestyles, will cause actual results to
<br /> . vary from projected results. The variations may be positive or negative. Decisions to p'roceed
<br /> or not to proceed should be based on careful evaluation of all available information and should
<br /> ultimately rely on the belief that a public policy objective is achieved by the development of the
<br /> . four sheet ice arena.
<br /> The following document is comprised of five sections: Comparable Operating Expenses.
<br /> . Underlying Revenue Assumptions. Financing Alternatives, Summary, and Agreement Among
<br /> Parties.
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<br /> . DRAFT REPORT 5/30/96 Page 1
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