HomeMy WebLinkAboutCity Council Committees - Public Facilities Distict Board - 07/31/2008 AGENDA
REGULAR MEETING
of the
CITY OF KENT SPECIAL EVENTS CENTER PUBLIC FACILITIES DISTRICT
Thursday, July 31, 2008, 3:30 p.m.
Centennial Center, 4`" Floor, Finance Conference Room
I. Call to Order
a. Introductions—All
b. Approval of Minutes of the May 29th, 2008, Meeting - Motion.
II. Project Overview and Update - Ben Wolters, Brad Tong
a. Overview of Project Budget
b. Overview of Project Schedule
c. Current Status of Construction
d. Status of Design
e. Concessionaire selection
III. Operator Update - Tim Higgins
IV. Sales and Marketing Update - Colin Campbell
V. Finance Report - Bob Nachlinger
I
a. Financial Update
b. Review of State Sales Tax Revenues
VI. Other Business
Adjourn
I
I
U3 En U) o ® � ei
� ( CD
a a r•:
dfl
W
CL
ro
" w El M
� gp (D
rt
ro
e a) o
ra
EO) p r c n w v c a n es n w w m c z c w w v m a (D
G w �-, O ,�, X -o o d �o a o o c (D v (D -o O O fl- C C
Q cr o n o ° 3 ° p m a o x 3 o. (D (D "o o _ = a 3 '
rn.. rr c \ °.. n m m x . @ c O �, 3 -� m a m 1" (D
v@ 3b QG1c O (D ncnc o m T (D \7� O (D o. cncn �
N N rG (D N n o. d C (D N ( l C) .p o o (D
in C m (D u1 v 3 v � G1 � a m CL �x�7 r-I- -I °,:-: CD
3 a o W O V7 N d N a In (aD ID Q rr rT C .�' C
W v = rt (n, rt 7 d Ul N (D rD o Q p 7
d rt C rt cn O- G r = C 7 O ,� �.
30 N `D 'O d N Lo _ G] S n
6 d O rt fit` O ° � n (aD w �
O a 0 0' ° 0 3 ° n
m A c
v Q m 3 N p o 3
a. c o -o ro rt ,
x
o
m °1
p ti In
5 � N
(D
v � i
(D
+n
m' I
to A 0
W. -P W N n lO 1- W W m W m F+ W W N n
CO a .p m Ol � F+ O W Ili `D C, Vl co (XI C) W m `P � O m `O O
N :
W ® IxI CD .A O O] W m 1- Ul m O O O O O (Xi W W (XI -P O i0 I� rt
V Ln N V O lD t0 W Ul N O V N O O O O O N m m N W O N N
Ui Ul 0 0 0 0 0 m N W i0 m O W I--`
rpD 3 rrDD 3 3 �' 3 m 3 o 3 D o �'' 3 3 ((DD o 0 3
0--o ao o3 ^ � Ix, -0 3 o v 3 Davy 3 3a 3
m ° m < ° o ° ° ° m < < m
m 0 yr (D (D < (D (D C Mrt rD to rt "O (D (D a
to to N N N C to In [D rt 0 (A n n
I= N O M �. 3 (ND (D -0 6 0 D Q' 6 rD M (D �. ...
M O ^' (D Q; Cr Wiz, X v �, GL (D � `'
° m 2 v o Q c ° n to M o o o;:
° m m a o o a' o `" o v m
T• `z = a N (^ p(Dj N N
O (0 O FTj-.� O OIf, (D N N m d N n 0 0 (D -
n' nCD Q 6 = Ort Ort ai- 0 O
a N 6 ILI (D O �: d j ((DD ((DD Gt
(O 7 In p s. < <
rD o (n m On - (D
p rD< (D a� 3 3 3 (p = O
m OCD -
O
� N
p
00 y O I(Dfl (D
NN
V
N
F+
\
N
O
O
O]
(D 0
�.
(D (D EL
y ® y
I
CD
r
C rt
(D W.
UICrn D (nm f61 V) ® CDn mm m m m ^
r- C W �-I n ®. G -o �, C) (D m C e Ca �" G� t -o (D ° .n
rt tr ° N n m m c° n (D D c 3 ff ccn ° n rD ° c n c v v 3
C C I w (D N O. (D C C ill W O - 7 - 3 (D
m v n Y CL m c0 om rt ®p rt ° v n E W E 3 n 3 n 3
DJ DJ 'O 3 t9 O ul N (D (D (D rt
m S (rt-1 v, (mD •o (D c -nCD W ® _ (D ,�.�. L n ,may. cn 0.
rf V c (h ° o n o D o c' fA n m
C 3 n c �y v_ ° m m
C O En o o ® Ei v N O 3 O 7, O o 0 0 to R' N ui' = id = =3
v N r-r _O -n S ...� o O N O (D (D :.
v \ 0 O
u3, LO 1w G) O 'a U) m 1
m a o
3 ° °
n. m (D m
- W z
(D fD
G
v
Lo {p, to .�. trr-(n t».yt v*-V+ -6 r en �yq
rD
N
OwD Ul -P -P N W .A n y m wW .A V V1 .A Ol N O n
Vi N W W e lD W 0 `F-� tiO �D O O a Ln V W F W �o IliN �O L9 N O
GoO co W i-* V (71 O O lbl0 lO V 4 V N O) V 1 10 O CO 01 01 iD In M Nr..
1- O ® F+ O F+ V Dl -P O W N O '% : N O N O I-' V lIt O O O O Cl co -'
N W Ut (n O ®D co lO O lO W O �. F+ N -? Ul IQUt O O O N O N
33DnD "" n IWI
' "" 3333n
v v a 3 a 3 n n n _. _. _, _. 3
v of n ((DD CO < 3 m w N 3' °7-' °`T. °-7. (D
0 6 Q� (D m m (D v
w M c o > �T
N (A n rT p�.�. In M (I1 VI Ill (fl N
m m (D rr n U v v v
io t In (D x c -0 n. n. a < < < < -0
.+ .+ O
m (n (D (D (D (D 0
m m v D (D v (D c c c '* '^ '^ '^ rD
0 D'O > 01 'O (D M (D o o o o
0 ° G °
3 (n m =:K =ri 3 3 3 3
N N (D O d 6" u 0 to to 0
n C 0 O OC C 'r ev rt rt
'6 O_ 7 lfl a a v lrt to
uv, vOi vOi y
O <
N C, N
- '^ � n n n n
N w < cfl = > c c c
N (D rn w rt rt O' Q Q O'
O
O -,, m rND m m
u7
F-'
N
O
O
Co
3 a� 3 0
c (u a C,
c to °<
m
w '
d -
(n (h (n ® cnC -Vv 'avm (A Uf ® c3ccc m >
e C r W "-� +� : d "d v Ol N v (D r ¢ C W c) =In �n � ((D (D < a (D
® ® cn 0 a n m o_ co cn cn m M ® ® a n v
�.. m y 3 P9 N m ° m m m rr. �. 0 -V ? 3 py '� m m (D rt.
G5 O N N P5`. (D N CL l0 to IO O N rt _ C C C o 0 �.
(D m O O r i A o
-P W O pl n n (D O v ^ o o Er 0 C m Tl T
d o a 0 C 6 m r r >.._ 49. O O O o 3
tn
Ul
v v n O a rt t0 O O �. m
O O m rt i i
3 N CD N W CDC W m D-
o n O
41 m p o o a m
® 0
mO - v n n_
m `i N (D
N A co
� 3 3 _
v
.(pr
v
W 0s mW
N: Duo tow wµ. V on w wU Na m Nw ? rn
cn > tnm Oo co w -N ovlrn � Ocvo
�. N V F+ co N '� -P O V N U'I V ip 0 0 .p V lD O O
w A H m co co W O # l0 V .A V1 LD O O O O A O O #..
.� kth V "I Vl O tD w w . . . . O W w %0 m m m ® O O O O O O O
m o3i m a of o 3 m Q M Q. M o `.
a s a a
m
o
u=i M 17n vCi l7/1 uCi m m m p� O_
a < v (wD ((DD ((DD m
(D m' m m l=n (D
'O
M o m m m m a a a 7
Q m m a o
a o m v v m
> > > m n
rt
0 -0 O O O O (D 7 > > U) C
O—'. = 6a 6 0-
(
N (D CD (DO — a - o®. m= n no (D
n
to � tntocoto mo �
a n
C
a
3
r+
N
O
O
co
\ . �
} . �
}
\
b / \ 7 \ Eyn2
\ . \ \ } / \ \ \ j .
\ / / ■
( \ m \� � \\ /
n = _
\ / \ \�� \
§
CD
&
\
\ _
a _
§ w a
CA tn
\ / m/ vw ( )
J'J' « :
/ . Ato
EG \ \ 47
z 0 n w 0 0 0 0 w � ICI
to rll o o 0 0 0 ? o a C7 M
a
c i� O m cn
M —1 cQ o'- io < Q 0 n to C63
T rn m C) C C C c: C c
m m m o m m m [o `N
co cu (� Wi
(D ro ro �' D (n D m uo n C)
o to m c O to (a i m a 5 0 0 o a O
3j rrol { ® N L O O f)I
(1 C'
� O t0
9 co w® v o' nO o n
m o
Inni
y C) te- N VNi
x j o 0 2 ^ ^
� ro m- � t o` o
Z n 7.s co (N _ ti�
-n o m
n9
b
EA
ti 1 ` co
-M-� W rn
N IV A N -A
tD (a -* CU
i{d CJ
® U C3 tU J U, O
<ri o o O m o O O O
In'ry
r
o
<------- ----------To Complete---- --- ` — < — o Date v a
Keta'i
Budget Request ftjjr Aomu ti iuzl Funds,
-summary VF Prrajpct Costs and 100tentaal llevQauer
FwaAhig €eeds
® Co -nni ttad and Required Additional Cos s of the Project
Structure and equipment already ordered to maintain
schedule and improve operations, appearance, and
revenues of the building (Group 1) $ 592,000
Professional services for testing and inspections,
LE-CD certification, architecture and engineering,
and project management $ 510,000
State sales tax, city permit fees, and insurance $ 898,000
Subtotal - Con3anitted and Required Costs v,000'000
Addit'ens to Meet revenue Projections and 3anlarove Safety
Center Scoreboard - Budget Authorization $1,200,000
(self-financed through advertising revenue)
Complete Suite Lounge $ 403,000
(required for revenue - Gaup 2)
Complete Signage Package $ 330,000
(required for revenue and operations - Group 2)
Railroad Crossing Pedestrian Gates at James St $ 250,000
Bond Financing Costs $ 200,000
Subtetp -- Additions for Revenue and Safety $2,3W-1-0 0
' o' .al -- i(o Cornplete the KEC $4,383,000
i