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98-8575r ..J..J RESOLUTION NO. 8575 RESOLUTION OF LOCAL SUPPORT FOR MIGHTY DUCK GRANT APPLICATION WHEREAS, the Minnesota Amateur Sports Commission (MASC), via the State General Fund, provides for capital funds to assist political subdivisions of the state of Minnesota for the development of sport facilities; and WHEREAS, the City of Richfield desires to construct and develop a second ice sheet for the sports of ice skating. NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Richfield, Minnesota, as follows: 1. Estimates that the total cost of developing said facility shall be $2,500,000 and the City of Richfield is requesting $250,000 from the State General Fund and will assume responsibility for a match requirement of $250,000. 2. The City of Richfield agrees to own, assume 100 percent operation costs for said sport facility, and will operate said facility for its intended purpose for the functional life of the facility which is estimated to be 50 years. 3. The Richfield City Council agrees 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 (Governor's) Capital Budget request for an amount presently estimated to be $2,000,000. 5. That James Prosser and/or the City of Richfield is authorized and directed to execute said application and serve as the official liaison with the Minnesota Amateur Sports Commission. Adopted by the City Council of the City of Richfield, Minnesota this 11th day of May, 1998. @~aIU Martin J. Kirs ayor ATTEST: -It~1 p~ Thomas P. Ferber, City Clerk