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DISCUSSION San Jose Arena Management (SJAM) is proposing to operate an outdoor ice rink, to be called Sharks Holiday Ice at Pleasanton, during the holiday season over five years beginning in 2009-2010. The nearest holiday ice rinks are located in Walnut Creek, San Jose and San Francisco; thus, a holiday ice rink in Pleasanton will be a welcome seasonal amenity for the Tri-Valley region. Insomuch as a holiday ice rink is a popular recreational attraction, it is also a significant economic stimulus in that users of the rink-estimated to be 20,000 to 30,000 over a holiday season-will patronize downtown restaurants, shops and services during their visit. The key elements of this joint venture are described in the narrative following; the specific terms of are defined in the attached license agreement (see Attachment 1). Location The ice rink would be located on a mutually agreed upon property within the downtown district. In 2009, the northern half of the City's Library parking lot-the portion that fronts along Old Bernal Avenue-has been identified as the location for the ice rink (see Attachments 2 and 3). Among the primary reasons this location was selected are the availability of parking in the City complex after business hours and on weekends and holidays, and the proximity to existing electricity to supply the power needed to keep the ice frozen. As specified in the license agreement, the City will lease the site to SJAM for $1 per year. In future years, to enhance the experience of those visiting the ice rink, the location of the ice rink could change depending on the availability of parking, electricity, and other considerations. Options may include other City-owned sites or privately owned property in the Downtown (e.g., the former Domus parking lot, the Round Table Pizza parking lot, etc.). Hours of Operation Most of the activity at the ice rink will be during the evening and weekend hours when residents and employees are not conducting business with the City, thus parking spaces throughout the City campus will be available for use by Library and ice rink patrons. During peak use times there may be demand for additional parking spaces; the City is currently exploring the temporary use of the vacant 3-acre parcel across from the Library for either employee or ice rink parking. The ice rink will operate seven days a week during the following hours: Monday -Friday: 12:00 noon - 10:00 pm Saturday: 10:00 am - 10:00 pm Sunday: 11:00 am - 10:00 pm Depending on requests for use by school and corporate groups, the rink may be opened between 9:00 am - 12:00 noon to accommodate these users. At the discretion of SJAM, the rink may be closed for severe or inclement weather. Page 2 of 5