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CR 95-162 Mighty Ducks Grant Application \ y (, September 15, 1995 o ~7 0 o P K \ '" Council Report: 95-162 . "MIGHTY DUCKS" GRANT APPLICATION Proposed Action. Staff recommends adoption of the following motion: "The city elects not to enter into the necessary and required aqreements with the Minnesota Amateur Sports Commission for the specific purpose of constructing a sports facility which includes lonq-term proqram direction." Overview. . As part of the City council work session on September 12, the Hopkins Youth Hockey Association (HYHA) gave a presentation on the "Mighty Ducks" grant legislation. This proposal included a request to construct and operate an addition to the Hopkins Pavilion. This proposed addition would be funded partially through a possible "Mighty Ducks" grant of $250,000. An application for this possible grant would have to be submitted by October 2, 1995. This application would require a council resolution in support of the construction, and to enter into a joint powers agreement with HYHA and the school district for operational costs. A sample of this resolution and joint powers agreement is attached. After the presentation by HYHA at the work session, and a report by staff, the council requested that this be placed on the business agenda for the September 18 Park Board meeting. The Park Board should make a recommendation which will be available after their September 18 meeting. Primary Issues to Consider o Construction related issues include; relocation of warming house, storm water drainage requirements , utility relocations, fire access, proximity to and limits of a dump. o Operational issues include; staffing levels, parking requirements, ice rental costs, and miscellaneous enterprise fund budget concerns. o Central Park land use planning and scheduled recreational needs. These primary issues were presented previously to Council for the work session in a memorandum report by staff. Supportinq Information . o Hopkins Park Board motion (available September 19, 1995) o Draft Council Resolution for grant application o Draft joint powers agreement o Central Park master site plan ( ) _// / /cc" ~/ l'd{ t/tfl/-/",-di-c"--- .----/ Ray( og~an, parks/Forestry/Pavilion Superintendent \ ' . '. September 18, 1995 Park Board Agenda Page 2 D. IIMIGHTY DUCKS" GRANT APPLICATION (presentation/Hopkins Youth Hockey Assoc.; report to Council/Ray) Board Action: E. MAETZOLD FIELD SEASONAL UPDATE (H.A.L.L. letter/Kuhl) Board Action: F. PARK AREA ASSIGNMENT REPORTS John Fink: Valley, Cottageville, Hiawatha Oaks Dan Schumacher: Oakes, Interlachen, Burnes Karen Egger: Harley Hopkins, Central, Shady Oak Nature Area David Day: Elmo, Hilltop, Maetzold Field Charles Heubach: Shady Oak Beach, Park Valley Playground, Buffer G. HOPKINS/MINNETONKA JOINT RECREATION BOARD Board Action: V. NEW BUSINESS ITEMS Board Action: VI. NEXT SCHEDULED MEETING October 16, 1995 at 6:30 p.m. City Council Chambers ~II. ADJOURNMENT e . . DRAFT CITY OF HOPKINS, MINNESOTA COUNCIL RESOLUTION WHEREAS, the Minnesota Amateur Sports Commission ("MASC"), via the State Capitol Bonding Fund, provides for capital funds to assist political subdivisions of the State of Minnesota for the development of sports facilities, and WHEREAS, the City, together with Hopkins Independent School District No. 270 (the "School District") and Hopkins Youth Hockey Association, a Minnesota non-profit association (" HYHA ") desire to construct and develop an expansion to the Hopkins Pavilion Ice Arena for the sports of recreational skating, boys and girls ice hockey, boys and girls figure skating, boys and girls speed skating, boys and girls soccer, boys and girls roller hockey and roller skating and other sports. NOW, THEREFORE, be it resolved by the City Council of the City of Hopkins, Minnesota: 1. The City estimates that the total cost of developing said facility shall be $ and the City is requesting $250,000 from the Mighty Ducks Capital Bonding Fund and will assume responsibility for a match requirement of a contribution of land. 2. The City intends to own and, subject to the terms of a Joint Powers Agreement to be entered into between the City, the School District and HYHA, assume the operation costs for said sports facility, and will operate said facility for its intended purpose for the functional life of the facility, which is estimated to be 30 years. 356()('9.! . e . 3. The City Council intends to enter into necessary and required agreements with the Minnesota Amateur Sports Commission for the specific purpose of constructing a sport facility and long-term program direction. 4. That an application be made to the State of Minnesota, Minnesota Amateur Sports Commission, to be included in the Minnesota Amateur Sports Commission's (Governors) Capital Budget Request for an amount presently estimated to be $250,000. 5. That the City Manager is authorized and directed to execute said application and serve as the official liaison with the Minnesota Amateur Sports Commission. CERTIFICATION I hereby certify that the foregoing resolution is a true and correct copy of the Resolution presented to and adopted by the City Council of the City of Hopkins, Minnesota, at a duly authorized meeting held on the 19th day of September 1995, as shown by the Minutes of said meeting in my possession. By Title: [Authorized Official] 35bO(19.1 LEONARD, STREET AND DEINARD DRAFT -- September 11, 1995 . JOINT POWERS AGREEMENT This Joint Powers Agreement (the "Agreement") dated as of , 199_, is made and entered into by and among the City of Hopkins. Minnesota (the "City"), Hopkins Independent School District No. 270 (the "School District"), and Hopkins Youth Hockey Association, a Minnesota non-profit association ("HYHA"). RECIT AL WHEREAS, pursuant to Minnesota Statutes, Sections 475.51 through 475.79, as amended (the "Act"), any Municipality (as defined in the Act) may issue obligations to finance the acquisition, improvement or construction of an indoor ice arena intended to be used e predominantly for youth athletic activities; WHEREAS, the School District administers a youth hockey program for the boys and girls at Hopkins High School; WHEREAS, HYHA sponsors a program of youth hockey instruction for boys and girls within the jurisdiction of the School District (which also includes the City); WHEREAS, it has been proposed that the existing ice arena within the City (the "Pavilion") be remodeled and expanded with an additional sheet of ice and locker rooms and other amenities added so as to be suitable as a venue for boys and girls high school hockey games (such remodeling and expansion is referred to herein as the "Project"); WHEREAS, the City has determined that significant benefits will inure to the residents of the City from the financing and resultant operations of the Project, and, in order to promote . these benefits, the City has agreed to issue bonds (the "Bonds") under the Act on the telms and conditions set forth in this Agreement; 356002.1 . . . WHEREAS, the City Council of the City has found, based on analysis provided by a professional experienced in finance, that Project revenues and other available monies will be sufficient to pay the Bonds, without reliance on a property tax levy or the City's general purpose state aid; WHEREAS, Minnesota Statute, Section 471.59, as amended (the "Joint Powers Act"), provides that two or more governmental units, by agreement, may enter into through action of their governing bodies, may jointly or cooperatively exercise any power conunon to the contracting parties or any similar powers, and that the Agreement may provide for the exercise of such powers by one or more of the participating government units on behalf of the other participating governmental units; WHEREAS, the City and the School District are "governmental units" within the meaning of the Joint Powers Act and each has the power to exercise all powers under the Joint Powers Act; WHEREAS, the City has heretofore held a public hearing following required notice on the proposal to finance the Project, which was attended by duly appointed representatives of the City and HYHA, and at which all parties were given an opportunity to express their views regarding the financing; of the Project; and WHEREAS, each of the governing bodies of the City and the School District have adopted resolutions approving the issuance of the Bonds following a public hearing for the purpose of financing the Project and have authorized the execution and delivery of this Agreement. NOW, THEREFORE, in consideration of the mutual covenants herein made, the parties to this Agreement agree as follows: 356002.1 2 . . . 1. Purpose of Agreement. The purpose of this Agreement is to provide for the financing of the Project by the City, the School District and HYHA. In order to finance a portion of the cost of the Project, the City shall exercise its powers pursuant to the Act, and shall issue the Bonds pursuant to the terms of an Indenture of Trust to be dated as of _, 199 _, by and between the City and the trustee named there (the "Indenture") . 2. Manner of Exercise. The City shall undertake all activities necessary and convenient in furtherance of the issuance and sale of the Bonds and the monitoring of the Project; including, without limitation: (a) the adoption, approval and execution of such resolutions, documents and agreements as shall be necessary and convenient in connection with the issue and sale of the Bonds, or otherwise necessary or convenient to give effect to the transactions contemplated by such resolutions, documents or agreements; (b) the pledge of revenues from the Project to the payment of the Bonds; (c) the monitoring and enforcement of all agreements contained in the Indenture and all other documents and agreements entered into or otherwise relating to the issuance of, and security for, the Bonds; (d) the disbursement of proceeds of the Bonds and the collection, holding, investment and disbursement of all revenues of the Project and other monies held in all accounts and funds established under the Indenture; and (e) the issuance of the Bonds which will be backed by the full faith and credit and taxing power of the City, in an aggregate principal amount not exceeding $ 356002. 1 3 3. Source and Contribution of Funds. All costs of constructing and equipping the Project in excess of the net proceeds of the Bonds shall be borne by HYHA and the School District. The obligation of the School District to pay the costs of constructing or equipping the Project is limited to $ , payable in 199_. HYHA is obligated for any excess. Any obligations of the School District under this Agreement to make any payments after are subject to appropriation by the governing body of the School District. 4. Ownership and Management of Proiect. The Project shall be owned by the City and managed by the City, the School District and HYHA under the terms of this Agreement. (a) Budget and Disbursements: Capital Improvements. The City shall provide the staff necessary to operate and maintain the Project. The costs of such staff shall be included in the Project budget. The City sha1l provide annual preliminary budgets for the operation, maintenance and repair of the Project and such other reports required to be provided by the City under the Indenture. Preliminary operating budgets shall be distributed by the City to HYHA and the School . . District on or before of each year for the upcoming fiscal year. . The proposed budget shall be approved by a majority vote of the City, School District and HYHA on or before . The preliminary budget shall include a separate proposal specifying the allocation of ice time among the largest ten users. The allocation of ice time among such users shall be made in accordance with the priorities set forth in this section. First priority shall be given, to the extent required by Minnesota Statutes, Section 240A.09(c) and other applicable law (including City ordinance), to female groups by offering up to 50% of prime ice time (as defined in Minnesota Statute, Section 240A.09(c)), as 356002 ] 4 . needed, to female groups. Second priority (for no more than hours in any fiscal year) to programs sponsored by the City. Third priority shall be given for all remaining prime ice time (as defined in Minnesota Statutes, Section 240A.09(c)) jointly to the School District and HYHA, to be allocated between them as they may agree. The preliminary budget shall also include a forecast of all capital improvements anticipated to be required in the next succeeding five fiscal years. (b) Operations of the Proiect. The City shall be responsible for operations and maintenance of the Project and, except as otherwise provided in this Agreement, shall operate the Project in a manner similar to that employed as if the City were the sole owner and financially responsible for the Project. The City shall provide quarterly actual operating statements to HYHA and the School District. Liability of HYHA and School District for Budget Shortfalls. So long as any . (c) Bonds are outstanding under the Indenture, it shall be the obligation of HYHA and the School District to contribute funds to supplement revenues of the Project to assure that operation and maintenance of the Project is paid for on an annual basis and debt service on the Bonds is paid without reliance on a property tax levy by the City or the City's general purpose state aid. 5. Continuing Disclosures. The City, the School District and HYHA shall comply with all provisions of the Continuing Disclosure Agreement dated into in connection with the issuance of the Bonds. 6. Term of Agreement; Termination. The School District and HYHA may each , entered . individually terminate their rights or obligations under this Agreement upon the retirement or defeasance of the entire principal amount of the Bonds. The City may terminate the School 356002. ] 5 . . . District or HYHA upon 30 days prior written notice in the event such party or parties fails to make any contribution required of it under Section 4(c) hereof. Upon termination by any party, the remaining parties shall succeed pro rata to the rights and obligations of the terminated party under this Agreement. 7. Amendments. This Agreement may be amended only by the unanimous written consent of the parties hereto. No amendment may materially prejudice the rights of the holders of the Bonds except as is otherwise provided in the Indenture. 8. Disposition of Property. Following termination by both HYHA and the School District, the Project shall be and remain property of the City, to be held and disposed of at its discretion. IN WITNESS WHEREOF, duly authorized officers of the City, the School District and HYHA have executed this Agreement as of the date first above written. 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