Council approves plan to transfer Madison ice arenas if private fundraising meets $3 million target

The Common Council on Jan. 14 approved a resolution that lets Madison Ice Inc. transfer ownership of Hartmeyer Ice Arena to a newly formed nonprofit, East Madison Ice Collective (EMIC), and restructures outstanding debt for both Hartmeyer and Madison Ice Arena — but only if EMIC raises $3,000,000 in private funds for specified capital repairs within three years.

The measure passed by roll call, with 16 alder votes in favor, 1 opposed and 1 abstention. Under the agreement the city would terminate existing land contracts and record deed restrictions limiting future uses of the properties to sports and recreation; the outstanding loans would be converted to forgivable notes that begin to be canceled after a five‑year period and are fully forgiven only if the nonprofits continue operating the arenas.

Why it matters: Hartmeyer’s roof, chillers and electrical systems were described in staff and nonprofit briefings as at risk and in need of roughly $3 million in repairs to remain operable. Speakers at the council meeting — from youth skaters and parents to longtime volunteers and nonprofit leaders — said the arenas provide year‑round programming including adaptive skating, learn‑to‑skate lessons, sled hockey and scholarships for low‑income families.

Background and the terms approved Madison Ice Inc. bought the properties from the city via a land contract in…