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FAST ICE
raised more than $750,000 of cash and in-kind equipment/services to assist
the City of Midland and Midland's local foundations in financing the
new ice arena |
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The local Midland
Foundations generously contributed $3.8 million for the arena
construction |
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The City of Midland issued bonds
for the remainder of the construction costs |
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The ice user groups
will help pay for those bonds with usage fees over the next 25-30
years |
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The ice users
agreed to an increase in fees to assist in the construction of the
arena |
