They also ensure that banks and depository institutions have enough capital to sustain operating losses while still honoring withdrawals. A capital requirement is also known as regulatory capital. In the United States, the capital requirement for banks is based on several factors, but is mainly focused on the weighted risk associated with each type of asset held by the bank. The capital requirements guidelines are used to create capital ratios, which can then be used to evaluate and compare lending institutions based on their relative strength and safety.
This drawing shows the proposed expansion of the Runestone Community Center in Alexandria. The new addition is shown on the left side of the drawing. Bill Ingebritgsen, far left is the vice chair of the committee.
Bill Ingebrigtsen, R-Alexandria, toured the center, learned about its history, asked questions and found out why the project is needed.
City Administrator Marty Schultz told them a third sheet of ice would help meet the "explosive growth" in ice and dry floor activities in the past 10 to 15 years, allowing more hockey tournaments, figure skating competitions, curling events and dry floor uses such as trade shows, concerts, graduations and home shows.
Legislators learned that more than 22, people attended 17 dry floor events at the center last year and thousands more attended games, competitions and exhibitions sponsored by the Alexandria Area High School, Alexandria Area Hockey Association, Alexandria Figure Skating Club, Vikingland Curling Club and Alexandria Blizzard.
After the presentation and tour, Ingebrigtsen said he was impressed that the city planned for the future by making energy upgrades in the center, such as a new ammonia-based compressor system that chills the ice, and readying the facility for an expansion.
Ingebrigtsen declined to say what the chances are that Alexandria would receive a bond. He said that Alexandria boosted its chances by having the committee tour the facility and learn more details about the need for the expansion.
Retractable seating could be used to maximize the space. Other features include an expanded lobby, locker and changing rooms, restrooms, office and a Zamboni room. Construction could take place as soon as Runestone Community Center history Opens with fixed and removable seating for about 1, spectators.
A second building is added; both are used for ice and dry floor events. City constructs a link between the two buildings, which includes a lobby, concession area, office space, locker rooms, restrooms and Zamboni room.
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