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City Council Regular Meeting — 06/20/0S <br />DRAFT Minutes - Page 7 <br />Recreation Cammission working cooperative�y and making <br />recommendations to the City Council for future action. <br />Nancy Nelson; Friends of fhe Oval Foundation <br />Ms. Neison was recognized by Mayar Klausing and <br />detailed the gift from the Guidant Foundation: a$SOO,Q00 <br />check to be used for repairs to the Chiller and relat�d costs; <br />and anoiher $500,oao in matching funds to assisi in <br />building an endowment toward future improvements and/or <br />repairs, and aperations. <br />Lannie Brokke, Parks and Recrea��on Director <br />Mr. Brokke outlined the gift from the Guidant Foundation <br />with a check presented earli�r that afternaon at a press <br />conferenc� in the amour�t o� $500,000 to be used for <br />upgrades and to address current issues a� the Oval; with an <br />additional $500,000 anticipated as part of a matching fund <br />to create an endowment to sustain Oval and Skating Center <br />operation� and capital improvements in the fu�ure. <br />Mr. Brokke pre�ented various future optians and <br />discussions in r�cognizing this generous gift, with <br />consideratian g�ven to passibly renaming the John Rose <br />Minnesota Oval �o the "Guidant — John Rase Minnesoia <br />Oval," or something similar•, to invite Guidant Faundation <br />representatives to actively and praminently participate in <br />the reapening event of �kae Center; and possible creation of <br />an ice logo; exploration of other signage opportunities {i.e., <br />banners, a plaque, scoreboards, ar ice resurfac�r). Mr. <br />Brokke further reviewed futur� 4va1 considerations to <br />extend opportunities to Guidant for sponsorship/naming <br />rights for other events held at the Oval; a possible <br />advertising dasher board in the indoar arena; and hosting of <br />Guidant elnployee even�s. <br />Mr. Brokke advised th� City Council that staff would be <br />pxoviding recognition in various media sources expressing <br />the City's and citizens' app:reciation of this gift. Mr. <br />Brokke noted tha�, in exchange %r some recognition, �he <br />Guidant Foundation would contribute $1 Mzllion to ihe <br />Friends of the Oval Foundation {FOF} to be used �or <br />