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HomeMy WebLinkAboutCity Council Committees - Public Facilities District Board - 10/25/2018Public Facilities District Board Regular Meeting Minutes Approved January 3L, 2019 October 25,20L8 Kent, Washington Dater Time: Place: Attending Board: October 25,zOLg 4 p.m. accesso ShoWare Center Carmen Goers Mike Miller Lew Sellers Jeff Piecewicz Other Attendees: Tim Higgins, SMG General Manager Erin Buck, SMG Director of Marketing Arletta Voter, SMG Finance Director Aaron BeMiller, City of Kent Finance Director Arthur "Pat" Fitzpatrick, City Attorney Kurt Hanson, City of Kent Economic and Community Development Director Kimberley A. Komoto, City Clerk Agenda: 1, Call to Order The meeting was called to order at 4 p.m., with Mike Miller presiding. 2. Roll Call Carmen Goers - Present Mike Miller * Present Lew Sellers - Present Randall Smith - Excused Absence Jeff Piecewicz - Present 3. Chanoes to the Agenda Carmen Goers moved to approve the agenda, seconded by Jeff Piecewicz. The motion passed unanimously with a vote of 4-0. 4. Aporoval of Minutes dated Julv 26, 2O18 Sellers moved to approve the minutes dated July 26,2018, seconded by Piecewicz. The Motion passed unanimously with a vote of 4-0, 5. Financial Reoorts A. City of Kent, Aaron BeMiller reviewed the accesso ShoWare Center operating fund ending September 30, 2OL8, the Kent Special Events Center Public Facilities District Fund ending September 30, 20L8, and the Kent Public Facilities District Sales Tax Collections - Inception through September 30, 2018. Page 1 of 3 Public Facilities District Board Regular Meeting Minutes October 25,20L8 Kent, Washington Approved January 3L, 2OLg BeMiller provided details regarding the Financial Statements Auditor Report for the City of Kent Special Events Center Public Facilities District for the period January 1, 2077 through December 3t,2017. BeMiller advised that there were no audit findings and that this is considered a "clean audit." B. accesso ShoWare Center. Arletta Voter, SMG Finance Director, provided details of the accesso ShoWare Center Income Statement for the quarter ending September 30, 2018, including direct event income, ancillary income, other event income, other operating income, indirect expenses, net income from operations, admission tax, and net income. Overall, the center is $387,184 better than budget and utility expenses continue to track less than budget due to the updated LED lighting. 6. Ooerations Updatealb. General Manager/Marketing Update. Tim Higgins provided information on rebranding the concessions stands and the need for providing Wi-fi access arena- wide. Erin Buck, Director of Sales and Marketing, provided the Public Facilities District marketing update, including total attendance, website traffic, social media activity, and email marketing, Buck conveyed that Pollster ranked the accesso ShoWare Center 135th in the Worldwide Ticket Sales Top 200 Arena Venues, and 85th in North America. Buck reviewed highlights from the third quarter of 2018, including sell outs, the various private and catering events. Buck provided details on the third and fourth quarter of 2018 ticketed events, community and catering events, and non-hockey announced events. B, City of Kent, Kurt Hanson provided details regarding the accesso ShoWare Center capital additions to the City's proposed 2OL9-2O Biennial Budget. The board discussed how any fund received in 202I from King County would be allocated, 7. Seattle Thunderbirds UpdateIn Colin Campbell's absence, Lew Sellers provided an update on the Thunderbirds new players, their record, attendance, and the positive impacts an NHL team would have on hockey regionally. Other Business None 8 Page 2 of 3 Public Facilities District Board Regular Meeting Minutes Approved January 3L, 2OL9 9, Adjournment Sellers moved to adjourn the meeting and Goers seconded the motion The motion passed unanimously with a vote of 4-0. Meeting adjourned at 4:40 p.m. Kimberley A. City Clerk/Board Secretary October 25,20L8 October 25,2OL8 Kent, Washington û Page 3 of 3