North Mankato is establishing a special revenue fund for the Caswell Sports Complex, a move Officials say will help serve as a tool for the public and city to understanding operations at the growing facility.

Since its inception in 1985, Caswell has mainly hosted summer events but operations have expanded to aid in putting on winter events such as the Anthony Ford Pond Hockey Tournament.

City Administrator John Harrenstein say they are aiming for Caswel Sports to operate on its own. 

“We will continue to anticipate some type of general fund support for the park in the future. I think that at this dais, a few years ago we termed Caswell somewhat of a loss leader. But given the economic benefit and the visitors to the area, we find that it is beneficial. We are pursuing a food and beverage tax at the legislature to try to close the gap between what is being subsidized by general property taxes and what is subsidized by revenue at the park.”

The resolution was unanimously approved on Monday night.

Councilman Bob Freyberg likened the venture to All Seasons Arena in Mankato.

“You know, it’s always going to have a subsidy. But what we’re trying to do is in our bylaws is keep ice affordable. So, the best way we can do (that) is get the best revenue streaming that we can. We know that we’re not gonna retire P&I (Principal and Interest) on a city project. But if we can keep that operating fund and that subsidy at a very bare minimum, I’m really optimistic about this.”

City Officials say between 35 to 45-thousand people visit the facility each year, generating approximately five to nine-million dollars in economic benefit to the regions economy.