it just struck me that these are sort of the kind of things when we talk about looking at what we've been doing and if we need to continue doing them, these are the kind of things that we need to take a good look at and say, well, is it worth the amount of time and effort we're putting into for for what we get back.

it really is data that comes out of our our budgets to been to begin with. So, we, um, pretty much throw this report together pretty quickly on that end of it. We don't take any additional staff time. It's numbers that are already been generated for the most part on on that end of it.

We have not had any challenges with alcohol at the event, which is a very positive thing. Uh, we of course have police officers on duty as well uh, just to manage crowd issues, that sort of thing.

the proceeds 100% of the proceeds of the or the net proceeds of our beverage sales go into our foundation which supports grants, donations and scholarships to organizations such as beds for kids resource west um empty bowls, ICA food shelf uh and we also provide scholarships for Minnetonka and Hopkins high school.

The block party involves music and food trucks and games and special release uh beers that they've uh brewed at their property. Um, there's a lot of um fencing that goes on. They have to have a plan for their vendors, that sort of thing, and staff has reviewed all of that.

We are so excited to be celebrating 14 years as a business. Um almost six at this location in particular. Um so we'll be hosting a block party. It's basically Boom Days. We're rebranding it and we're doing an actual live cookout.

it does not constitute a general obligation of the city. And that's important to note. They will not be secured or payable by any property or assets of the city, um, other than just the interest that we cite in the loan agreement. And then it's not secured by any taxing of the city.

I just know like for variances and things like that when we give variances sometimes to developers, we ask for, you know, something. I didn't know if it was going to kind of a same thing with this, but thank you for um council. Any other comments?

to me sending the message to the development community that this is a good place to do affordable housing and we will work with you over the time to make to make your affordable housing project work better and longer. I kind of like having that message out in the development community that Minnetonka is a city that will work with you and uh and we we are committed to affordable housing and we want we want to help you make that possible.

We've been very happy to be, um, members of the Minnotonka community. Um, we're very proud of our project. Um, we've had 100% occupancy since we've moved in. Our affordable units have been very successful in the community. Um, and has brought new residents to Minnotonka that may not have otherwise been here.

The existing refrigeration system was installed in 2003 and uses R22 refrigerant which was banned by the EPA in 2020. Uh, so that type of refrigerant is no longer allowed to be manufactured or imported into the US. Due to the age and type of system, a new refrigeration system is needed.

if we're talking about we're running about $300,000 a year in the red with this. And so I want to consider as a council as we go forward and we consider other recreation decisions that perhaps we have a philosophical conversation about how we value whether something cash flows or doesn't or what we what our philosophy is as a council on how um you know I I think about ice arenas and I think that that serves a very specific population and I think about some of the other conversations and and thoughts I've had about other projects and they're maybe not philosophically consistent with, you know, my position on the ice arena.

The thing about government is it's not a business and I'm not always expecting a return on what we provide to the community. And so, um, I think that is part of the I think part of that rubric is you maybe considering some of the intangibles also. So, um, anyway, uh, I appreciate what was said and I'm always all for, you know, trying to be consistent, but also keeping in mind that, you know, some things you can't put a price on.

that facility that I inc facility has 250,000 annual visits in comparison to Willist Willist's about 300,000. So, it has it's very useful in our community. Uh, there are 6,000 public skate participants that use the facility each year. It's in generally in operation 17 hours a day and 340 days a year.

Our audit reflects what we already know about Minnitankka to be true, and that is Minnitanka is in a strong financial position. These results confirm that we are being responsible stewards of taxpayer dollars and that our financial practices continue to align with the city's strategic priority of being a well fiscally managed city and managed organization.

And happy to report that we are providing a clean unmodified opinion on the financial statements which is the best that we can give as your auditors.

I just want to thank all the staff for making those reports possible, for keeping the kind of records that um every department needs to keep to make sure that um that Mr. Nelson has what he needs to um you know help our auditor produce these findings. And um I'm just very proud.

The amendment would uh increase or expand the development area uh, approved by the plan, and the increase would allow for construction of a pool and an accessory uh, building on the site.

Second is that the expanded area um if it were submitted in 2019 and staff had reviewed that this plat would not have met the tree protection ordinance. uh removal of trees, high priority trees specifically would have been over 35% which is the threshold um outlined in the ordinance.