GP Storm get financial help from City and highlights from City Council
The Storm hockey team is getting financial help from the city.
Last night council passed a motion to approve zero-dollar rent for the 2018/2019 season and a $20-thousand rent for the 2019/2020 season.
A loan of $200-thousand over a 5-year term is also being granted to the Swan City Hockey Association with an interest rate of 4.25% and City Administration will be reviewing how the money is spent.
The Grande Prairie Storm’s Business Manager Eric Hein says the City is going to be getting money back from the loan and he’s going to be working even harder to make the most out of its investment in the team.
“As an organization, we’re excited to move forward with the City,” says Hein. “It’s a loan; they’re going to make money on investing in the team and the organization, and we’re headed in the right direction. I’m excited to get to work with the City and continue our strong season.”
Council also approved the following recommendations:
– Storm Lounge to operate each home game, midway through the 3rd period until one hour after game’s conclusion
– Crystal Catering to manage this service on behalf of the Storm and bill the team for inventory, a staff member ($15 per hour) and any food that they might request, with any net revenue to be retained by the Storm.