The URL can be used to link to this page

Home My WebLink AboutCity Council Committees - Public Facilities Distict Board - 10/29/2014 (4) i iu��ion''uyi� nniydry "m � REN -naw awi., r e AGENDA City of Kent Special Events Center Public Facilities District Meeting Wednesday, October 29, 2014 @ 4:00 p.m. ShoWare Center 625 West James Street Board members Mike Miller - Randall Smith - Cass Prindle - Lew Sellers - Jeff Piecewicz Officers Mike Miller, Chair - Ronald F. Moore, Secretary — Aaron BeMiller, Treasurer I. Call to Order a. Introductions b. New Board Treasurer, City of Kent Finance Director Aaron BeMiller c. Motion to approve the minutes of April 24, 2014 d. Position 5 term expiration II. Finance Reports a. City of Kent — Aaron BeMiller, City of Kent Finance Director (Board Treasurer) b. ShoWare Center — Arletta Voter, ShoWare Director of Finance III. Operation Update a. GM Update — Tim Higgins, ShoWare General Manager b. Marketing Update — Ryan Hart, ShoWare Director of Marketing c. City Update — Ben Wolters, Economic & Community Development Director IV. Seattle Thunderbirds Update a. Thunderbird Sales, Marketing &Attendance Update b. Advertising & Suite Sales V. Other Business VI. Adjournment �i�,numNunuimi� �'"^muuumm� KEE T 11-1111-111 Special Events Center/Public Facilities District Meeting Minutes Thursday, April 24, 2014 @ 4:00 p.m. ShoWare Center 625 West James Street Boardmembers present: Mike Miller, Cass Prindle, Lew Sellers, Randall Smith, and Jeff Piecewicz Others present: ShoWare Center General Manager Tim Higgins, ShoWare Director of Marketing Ryan Hart, Seattle Thunderbirds Vice President / Assistant General Manager Colin Campbell, Acting Finance Director (Board Treasurer) Paula Barry, Assistant City Attorney Kathy Hardy, City Clerk (Board Secretary) Ronald F. Moore and Reporter for the Kent Reporter, Steve Hunter I. Call to Order. The meeting was called to order by Chair Mike Miller at 4:00 p.m. a. Introductions. Attendees introduced themselves. b. Motion to approve the minutes of January 30, 2014. Cass Prindle moved to approve the minutes of January 30, 2014, seconded by Randal Smith. Motion carried 4-0. II. Finance Reports. a. City of Kent. Paula Barry, Acting Finance Director discussed the financials for the PFD. She noted that the starting fund balance in 2014 was better than the beginning of 2013. She added that the revenues are expected to be at $3.8 million, including funds from the city of Kent for the debt service. She discussed the ShoWare Operating Fund and stated the city of Kent's portion of that fund deficit was $2.7 million and a gain of $300,000 occurred. Miller confirmed that sales tax continues to grow a little. b. ShoWare Center. Tim Higgins, General Manager communicated that projections change daily and the income statement shows a variance year-to-date is better by $25,000. He noted that it was a good quarter and that is related to the extra hockey games and a concert that did well in March. He communicated that the utility costs are doing fine. Miller inquired if there are any costs related to the pumps in the compressor system and Higgins replied that they are minimal. He communicated about an issue with the brine pumps that occurred with the ice during the playoffs. 1 �i�,numNunuimi� �'"^muuumm� KEE T Campbell discussed the issue with the ice during the playoffs and communicated that Higgins' team did a great job in saving two of the playoff games. Miller also commended Higgins' staff for the work they did in repairing the compressor during the playoffs. III. Operations Update. a. General Manager/Marketing Update. Ryan Hart, ShoWare Director of Marketing communicated that the facility has done $10,000 ahead of last year's pace in the first quarter. He also added that the facility is getting close to having 2 million total visitors. He noted that there are also 2 million unique visitors to the website, 500 more likes on Facebook, and over 1.8 million friends of fans on Facebook. He discussed upcoming events such as the Seattle Mist football games, Crossfit Games, the Kent International Festival, and the Ringling Bros and Barnum & Bailey Circus. He communicated that they are working on installing murals on each of the big walls around the arena. Piecewicz inquired about the CrossFit Games and inquired if there is a correlation with the sales tax revenues and having the event here. Higgins communicated that he has spoken to the hotels and they have told him that it does impact hotels here and Kent Station with over 4,000 people in attendance. Smith inquired about having concerts last two consecutive days and Higgins replied that it could happen if there weren't other venues around here that have concerts. Higgins communicated that the Mexican concert was sold out and there were 6,800 people here for it. He noted that there will be three total events just like it here this year. Miller discussed the Kent International Festival and noted that that brings in about 7,000 people a day. Higgins noted that it is one of those community-type events that don't necessarily bring in a ton of revenues, but they support the City and retail sales. IV. Seattle Thunderbirds Update a. Sales, Marketing &Attendance Update. Campbell communicated that it was good to have Everett play here and it builds that natural rivalry. He noted that the team came in fourth for the year. There was discussion about cowbells and banning them. He noted that the team won the series in five games and it was good for the facility. He stated that the team lost the second round in four games and at the end of the season two of the players went to Finland to play for the Canadian team and 2 �i�,numNunuimi� �'"^muuumm� KEE T three are now trying out to play pro hockey with the New York Islanders organization. Campbell noted that attendance went up ten percent this year and 2-for-Tuesday night games have been averaging 5,000 fans. He noted that the team is nominated for an award for business practices and it will be awarded in Calgary. He noted that ten of the 20 suites were booked throughout the year and there are five new companies that are looking into buying a suite on an annual basis. He communicated that they have targeted certain companies to buy suites, such as banks, attorneys, etc. He announced that Allied Waste, Republic and Sound Mental Health have renewed as sponsors. He stated that they are going through the scheduling right now and twenty of the thirty-six home games are scheduled. Miller confirmed that there will be seven or eight 2-for-Tuesdays this upcoming season. He also noted that the first game is schedule for the third week of September. Campbell confirmed for Piecewicz that having the players go to the pro level means that the program here is running well. Campbell discussed the philosophy concerning the suites. Miller verified that there are companies that use their suites for other events and have put a deposit down so they can pick and choose other events they want to attend. Sellers communicated that it is great to attend a game and see the suites full. He also inquired how the buffet dinners work and stated that they are for the suites. Higgins communicated that the program is going well. Campbell communicated that the food service department here at the ShoWare is doing outstandingly well. Higgins added that it is all about finding ways to make revenue. Meeting adjourned at 4:33 p.m. Ronald F. Moore, MMC Board Secretary 3 0 1 rZ a) 0 i M N ao � x LU rn E a) M .-I C 0 N T � m � L 0 W N 0 IM in in 0 ti � � � a� o000 i fYONNNN x LU m m m C al £ co O 0 .--i .--i O al C.) .--i .--i .--i c " 0 0000 ca L O N N N aaf0i � �vco � �^ ~ �� £ 0 ~ L U w m a) C 0) 0 .--i .--i L U W 0 �..� i O. 0 0000 w •aT+ H fa .2fV NNNN 0U U L W M 0) 0) 0) 0) Y a+ C J C m fa O T"' 0 0 0 0 N C £ 000000 � •— L '0 't T-4 v v s 0 arnrnrnrnrnrn N 0 C � U w m L L L L L L 0 L 0 T T T T T y L N M V V V1 fa E N £ O L N t aDya c E V Ln � N Z Y cn a) .E m Oi a y C vw � N 3 got 0 U r�i � aUJ L U 0 0 w a) .i .y .--i NM V In � QfA 0 I I I a