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HomeMy WebLinkAbout04-192 CITY OF LAKEVILLE RESOLUTION Date September 20, 2004 Resolution No. 04-192 Motion By Wulff Seconded By Bellows RESOLUTION ACKNOWLEDGING RECEIPT OF THE PROPOSED 2005 LAKEVILLE AME ARENA BUDGET AS SUBMITTED BY THE LAKEVILLE COMMUNITY CORPORATION AND MANDATING ADDITIONAL REASONABLE ACTIONS WHEREAS, Section 4.1 of the Operations and Maintenance Agreement for the ice arena states, "On or before July 1 of each year, the Manager (LCC) shall provide the Owner (City) with an ice arena complex budget for the coming year setting forth, in reasonable detail expected receipts and expenditures, including any expenditures of a capital nature, for said coming calendar year. Owner (City) shall have the right to mandate additional reasonable actions to be undertaken by the Manager to produce additional gross revenues and additional operation and maintenance expenses for inclusion in the budget submitted by the Manager (LCC.) "and WHEREAS, The Lakeville Community Corporation submitted the proposed 2004 Lakeville Ames Arena budget on July 1, 2004 and WHEREAS, the Lakeville Ames Arena Advisory Committee reviewed the proposed budget and provided comments relative to the proposed budget at its meeting on August 10, .2004 meeting NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota that the City Council does hereby acknowledge receipt of the proposed 2005 budget as submitted by the Lakeville Community Corporation. BE IT FURTHER RESOLVED, by the City Council of the City of Lakeville, Minnesota that the City Council does hereby mandate that the Lakeville Community Corporation increase the prime time rental rates to $158/hour and non-prime rates to $125/hour to produce additional gross revenues and, BE IT FURTHER RESOLVED by the City Council of the City of Lakeville, Minnesota that the City Council does. hereby mandate the following additional operation and maintenance expenses for inclusion in the budget submitted by the Manager (LCC) as attached hereto. • APPROVED AND ADOPTED this 20`t` day of September 2004. CITY OF LAKEVILLE By: Robert Johns ,Mayor A ,,TEST: Charlene Friedges, ty Clerk