Legislation Details

File #: 25-173    Version: 1 Name:
Type: Information/Discussion Item Status: Agenda Ready
File created: 3/18/2025 In control: Economic Development Authority
On agenda: 3/24/2025 Final action:
Title: Update on Debt Financing for New Ice Arena.
Attachments: 1. 1 - 2025.03.24 EDA Ice Arena Update, 2. 2 - Hyperlink to Private Fundraising Website, 3. 3 - Ice Arena Item from the 2-24-2025 Agenda
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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EDA Meeting Date:                     March 24, 2025

 

To:                                          Members of the Economic Development Authority

 

From:                                          Ben Martig, City Administrator

                                          

 

Title

Update on Debt Financing for New Ice Arena.

 

Body

Action Requested:                     

No action. The EDA shall hear an update from city staff regarding the future ice arena financing structure.

 

Summary Report:

City Administrator Martig will provide an update on the project at the meeting. Attached is the presentation which is an update from the presentation from the last meeting.

 

The EDA materials from the prior meeting are also attached for reference. The EDA should read and be familiar with that background information.

 

Should members have any questions they’d like in advance in preparation of the meeting we encourage you, as in all EDA items, to reach out to Economic Development Coordinator Carlson by email or call and will work to get the information.

 

Alternative Options:

No alternative options at this time.

 

Financial Impacts:                     

None at this time.

 

Tentative Timelines:

See attached tentative timeline.