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<br /> <br />tervi{{e <br />'Esta6{isliecf 1857 <br /> <br />1880 9r1ain Street . Centervi((e, 'M:N 55038 <br />CITY OF CENTERVILLE (651) 429-3232 . Pa:c(651) 429-8629 <br /> <br />RESOLUTION #06-0 <br /> <br />RESOLUTION APPROVING PARTICIPATION IN SUPPORTING A FOUR SHEET <br />ICE FACILITY EXPANSION AND AUTHORIZING EXECUTION OF DOCUMENTS <br />IN CONNECTION THEREWITH <br /> <br />WHEREAS, the City of Centerville in conjunction with the Cities of Lino Lakes and Circle <br />Pines have determined a need to provide its residents with access to an indoor ice arena intended <br />to be used predominantly for youth athletic activities; and <br /> <br />WHEREAS, the Minnesota Amateur Sports Commission CMASC") and National Sports <br />Center ("NSC") propose constructing and operating a facility consisting of four new ice sheet <br />expansion (the "Facility") to the Super Rink on the property of the National Sports Center <br />located in Blaine, Minnesota; and <br /> <br />WHEREAS, the City has been offered the opportunity to participate in the support of the <br />operation of the new Facility for the purpose of supporting its community hockey association; <br />and <br /> <br />WHEREAS, the City is interested in promoting public skating programs such as open skating, <br />learn to skate, figure skating, and senior skating at the new arena through its Parks and <br />Recreation Department, and <br /> <br />WHEREAS, the financing of the Facility will be undertaken by the issuance of revenue bonds <br />of the Anoka County Housing and Redevelopment Authority (the ''HRA) backed by an annual <br />appropriation lease purchase agreement of Anoka County, Minnesota (the County); and <br /> <br />WHEREAS, the County and HRA have required, as a condition of their participation in the <br />financing, a finding that the Facility's revenues and other available money will be sufficient to <br />pay debt service with respect to the bonds; and <br /> <br />WHEREAS, the County, the lIRA, the MASC and the NSC will enter into one or more <br />agreements setting forth the respective rights and obligations of the parties with respect to the <br />Facility; and <br /> <br />WHEREAS, the City is authorized by Minnesota Statutes, Section 471.191 to enter into an <br />agreement with respect to support the financing of the Facility; including securing its obligations <br />pursuant to the agreement by a first charge on the gross revenues of the Facility and to provide <br />for the payment of operating costs of the Facility to the extent that revenues are insufficient <br />thereof; and <br /> <br />17- <br />