Loading...
HomeMy WebLinkAboutCity Council Committees - Public Facilities District Board - 04/26/2012 f • KENT WA5NINOTON Public Facilities District April 26, 2012 Board Members Present: Mike Miller, Greg Haffner, Lew Sellers, Randall Smith Others Present: Bob Nachlinger, Tim Higgins, Beth Sylves, Patrick McCluskey, David Galatin, Ben Wolters, Steve Hunter I. Call to Order The meeting was called to order at 4:05 p.m. a. Introductions. Introductions were not made. b. Approval of Minutes. Sellers moved to approve the minutes of February 23, 2012. Smith seconded and the motion carried. II. Finance Reports a. City of Kent. Nachlinger noted that in 2011 the sales tax revenue was about $650,000 and intergovernmental revenue was approximately $3.1 million. He said he anticipates about $3700 more in sales tax this year, and anticipates that revenue from the city will be down about $100,000. He said approximately $105,000 of the $125,000 beginning balance will be used for debt service, leaving a balance of $20,000. He said sales tax collections in December 2011 were the highest ever seen, and provided a form showing sales tax collections by month from 2008 through January of 2012. Nachlinger went on to explain the City's 2012 Operating Fund for ShoWare, which shows about $250,000 in admissions tax and $500,000 in expenditures for supplies and services for the building. He noted an approximate $50,000 net loss for the year, which is substantially better than previous years. In response to a question from Haffner, he said that sales tax was also down in January for the city, and confirmed for Miller that he expects that the admissions tax will be up this year. b. ShoWare Center. McCluskey reported that the January Actuals were very close to Budget, but that February fell behind about $61,000 because the attendance at the Harlem Globetrotters was down and one scheduled concert did not take place. He noted that they were right on budget for March, but because Public Facilities District April 26, 2012 Page Two of utilities in January and February and B & O use tax, the first quarter is off by about $68,000. He noted that revenues for club seats, suites, and advertising is up about $20,000. III. Operation Update a. aerator Update. Higgins reported that the firm which was hired to conduct an energy audit has found 16 things which could be done to save money, and they are exploring four of them which are reasonable and could be done quickly. b. Marketing Update. Sylves distributed copies of the marketing update and reported on attendance and the growth of social media, and outlined upcoming events. She provided the results of surveys taken after the Kelly Clarkson concert and the Pandora Unforgettable Moments event. Higgins mentioned that he shares the survey results with promoters, which helps sell the building. He also noted that he is working with local promoters on some events for the second half of this year. IV. Seattle Thunderbirds Update a. Sales, Marketing and Attendance. Higgins noted that the Thunderbirds' schedule will be available approximately June 22. He said that all of the suites were sold for the Kelly Clarkson concert, and that for Rise Again, the attendees wanted to be on the floor. b. Advertising and Suite Sales. No report was given. V. Other Business Miller stated that some revenue enhancements are being looked into and that there will be more to come on this issue in the future. Wolters added that many of them are within the responsibilities of SMG. He noted that the building makes gains in some areas and losses in others, which may give the impression of standing still when it comes to the yearend number, but that if it weren't for the things that have been done and the things which will be done going forward, the numbers could be worse. He said that ShoWare is starting to gain traction in the marketplace, particularly in the non-hockey arena, thanks to the efforts of SMG and the Thunderbirds, and that an announcement to be made on Friday will be something the whole community will rally around. Public Facilities District April 26, 2012 Page Three Sellers explained the situation with a similar facility in Wenatchee and how sales tax was raised to retire the debt. He pointed out that local Kent Valley Hockey Association teams play at that facility, so it impacts us. Higgins added that routing events through ShoWare, Wenatchee and Idaho results in a savings, and Miller noted that it is good for the bond market and bond rating agencies not to have a default on such a facility. VII. Adjournment. At 4:30 p.m. Smith moved to adjourn. Sellers seconded and the motion carried. Brenda Jacober, CMC City Clerk ShoWare Center Income Statement For the Year Ending December 31,2012 April April May June Total YTD Total YTD Actual Budget May Actual Budget June Actual Budget Q2 Actual Q2 Budget Actual Budget Variance Direct Event Income Rental Income $ 33,345 $ 17,000 $ 30,678 $ 42,500 $ 68,200 $ 55,000 $132,223 $ 114,500 $ 518,387 $ 482,560 $ 35,827 Service Revenue 794 400 - 600 2,463 - 3,257 1,000 38,561 40,699 (2,138) Service Expenses (20,648) (17,963) (24,775) (35,662) (51,664) (38,034) (97,087) (91,659) (511,818) (481,150) (30,668) Total Direct Event Income 13,491 (563) 5,903 7,438 18,999 16,966 38,393 23,841 45,130 42,109 3,021 Ancillary Income F&B Concessions 14,400 20,352 1,192 16,588 14,320 5,138 29,912 42,078 253,352 280,143 (26,791) F&B Catering 10,203 8,178 17,235 15,397 18,407 6,195 45,845 29,770 113,081 106,318 6,763 Novelty Sales 9,469 1,900 - 6,500 785 100 10,254 8,500 27,833 22,700 5,133 Total Ancillary Income 34,072 30,430 18,427 38,485 33,512 11,433 86,011 80,348 394,266 409,161 (14,895) Other Event Income Luxury Box Ticket Sales 853 4,200 - - 19,694 - 20,547 4,200 34,317 36,695 (2,378) Ticket Rebates (2,406) - 220 10,100 20,807 18,621 10,100 46,246 47,925 (1,679) Facility Fees 7,191 7,600 1,134 6,400 7,876 16,201 14,000 103,160 101,908 1,252 Total Other Event Income 5,638 11,800 1,354 16,500 48,377 55,369 28,300 183,723 186,528 (2,805) Total Event Income 53,201 41,667 25,684 62,423 100,888 28,399 179,773 132,489 623,119 637,798 (14,679) Other Operating Income 50,985 49,640 43,485 49,640 50,985 49,640 145,455 148,920 339,975 322,830 17,145 Adjusted Gross Income 104,186 91,307 69,169 112,063 151,873 78,039 325,228 281,409 963,094 960,628 2,466 INDIRECT EXPENSES Salaries&Wages 118,147 94,754 85,114 102,366 87,346 96,820 290,607 293,940 659,007 690,131 (31,124) Payroll Taxes&Benefits 20,823 22,908 18,298 22,908 18,847 22,908 57,968 68,724 131,185 137,448 (6,263) Labor Allocations to Events (12,815) (11,473) (10,988) (18,660) (22,363) (14,123) (46,166) (44,256) (202,462) (212,511) 10,049 Net Salaries and Benefits 126,155 106,189 92,424 106,614 83,830 105,605 302,409 318,408 587,730 615,068 (27,338) Contracted Services 10,061 4,631 11,650 6,631 9,645 4,631 31,356 15,893 61,637 39,226 22,411 General and Administrative 2,832 15,606 13,690 18,621 16,784 14,706 33,306 48,933 123,075 123,096 (21) Operating 3,075 3,082 318 2,348 2,594 4,991 5,987 10,421 25,626 30,910 (5,284) Repairs&Maintenance 4,064 4,984 5,330 3,504 1,559 3,084 10,953 11,572 25,801 28,624 (2,823) Operational Supplies 5,856 3,634 2,643 3,634 2,540 3,634 11,039 10,902 22,652 22,554 98 Insurance 5,231 5,230 5,231 5,230 5,231 5,230 15,693 15,690 39,386 39,380 6 Utilities 19,920 18,417 19,371 18,117 21,853 20,917 61,144 57,451 202,930 181,202 21,728 SMG Management Fees 10,833 10,833 10,833 10,833 10,833 10,833 32,499 32,499 64,998 64,998 - Total Indirect Expenses 188,027 172,606 161,490 175,532 154,869 173,631 504,386 521,769 1,153,835 1,145,058 8,777 Net Income(Loss) $ (83,841) $ (81,299) $ (92,321) $ (63,469) $ (2,996) $ (95,592) $(179,158) $(240,360) $ (190,741) $ (184,430) $ (6,311) WA DOR B&O Tax $ 100,000 - - $100,000 - $ 100,000 - $ 100,000 Net Income(Loss) $(183,841) $ (81,299) $ (92,321) $ (63,469) $ (2,996) $ (95,592) $(279,158) $(240,360) $ (290,741) $ (184,430) *City of Kent Admission Tax collected for events from 1/1/12-6/30/12 is$108,421. **City of Kent Admission Tax collected to date for events is$813,498. KENT SPECIAL EVENTS CENTER PUBLIC FACILITIES DISTRICT FUND (PFD) June 30, 2012 Revenue & Debt Svc Fund 2008 2009 2010 2011 20'12 Actual Actual Actual Actual Est Actual Beginning Fund Balance 166,327 109,762 117,774 125,723 Revenues Sales & Use Tax 786,843 576,296 622,136 649,277 662,262 Intergovernmental 3,072,614 3,129,437 3,093,077 3,073,750 Interest - Sales Tax 2,312 1,279 880 646 659 Total Revenues 789,155 3,650,189 3,752,453 3,742,999 3,736,671 Total Resouces 2,559,032 3,822,822 3,862,215 3,860,773 3,862,394 Expenditures Services and Charges 758 Debt Service 2,392,705 3,716,815 3,744,441 3,735,050 3,738,239 Total Expenditures 2,392,705 3,717,573 3,744,441 3,735,050 3,738,239 Change in Fund Balance 166,327 (61,078) 8,012 7,950 (1,568) Ending Fund Balance 166,327 105,249 117,774 125,723 124,155 7/24/20 f 2 KENT PUBLIC FACILITIES DISTRICT Sales Tax Collections Inception to Date Collected For the in Month of 2008 2009 2010 2011 2012 March January 68,928.08 43,938.87 43,066.80 47,395.15 46,602.21 April February 64,340.03 40,442.93 44,888.03 45,652.41 49,815.46 May March 77,107.07 47,073.92 55,381.54 54,357.38 54,277.64 June April 72,061.77 44,944.15 47,699.19 50,376.18 49,261.77 July May 73,138.12 45,221.78 47,255.93 54,864.70 August June 82,904.41 50,355.97 54,575.49 57,478.70 September July 61,870.79 47,063.45 52,789.08 52,706.22 October August 57,569.76 46,071.06 51,167.58 54,198.64 November September 63,238.50 60,040.81 59,765.33 59,118.63 December October 55,649.74 46,106.71 52,382.66 59,964.74 January November 48,144.96 41,577.34 49,791.39. 50,966.32 February December 61,890.26 63,459.30 63,372.68 68,908.15 Total 786,843.49 576,296.29 622,135.70 655,987.22 199,957.08 7/24/201.2 Kent Public Facilities District Sales Tax Collections 2008 to Date 90,000 80,000 70,000 2008 c 601000 2009 ov - 2010 50,000 2011 40,000 2012 30,000 �,§A ,A air �,�� �aA ��� ,��A KENT EVENTS CENTER OPERATING FUND June 30, 2012 2008 2009 2010 2011 2012 Actual Actual Actual Actual Est Actual Beginning Fund Balance (700,287) (1,025,923) (1,627,111) (1,910,845) Revenues Admissions Tax 259,156 199,199 193,900 280,000 SMG Income 100,000 Total Revenues - 259,156 199,199 193,900 380,000 Total Resources (441,131) (826,724) (1,433,211) (1,530,845) Expenditures Salaries & Benefits 691783 Supplies 16,089 236 Services 684,198 545,773 842,763 477,634 829,297 Total Expenditures 700,287 615,792 842,763 477,634 829,297 Change in Fund Balance (700,287) (356,636) (643,564) (283,734) (449,297) Ending Fund Balance (700,288) (1,056,923) (1,669,487) (1,910,844) (2,360,142) V 7/24/2012 2012-13 THUNDERBIRDS HOCKEY SCHEDULE Home games are in bold Friday games at 7:35pm; Saturday games at 7:05pm /SEATTLE/ Sunday games at 5:05pm ` J Tuesday and Wednesday games at 7:05 September FRI 21 at PORTLAND 7:00pm FRI 4 at KAMLOOPS 7:00pm SAT 22 PORTLAND 7:05pm SAT 5 SPOKANE 7:05pm FRI 28 at PRINCE GEORGE 7:00pm TUE 8 SPOKANE 7:05pm SAT 29 at PRINCE GEORGE 7:00pm WED 9 at SPOKANE 7:05pm • ..- SAT 12 VICTORIA 7:05pm FRI 5 at KAMLOOPS 7:00pm SUN 13 at TRI-CITY 5:05pm SAT 6 EVERETT 7:05pm FRI 18 at EVERETT 7:35pm FRI 12 at VANCOUVER 7:30pm SAT 19 PORTLAND 7:05pm TUE 16 SPOKANE 7:05pm SUN 20 LETHBRIDGE 5:05pm FRI 19 at SPOKANE 7:05pm TUE 22 at TRI-CITY 7:05pm SAT 20 at PORTLAND 7:00pm THU 24 at KELOWNA 7:05pm FRI 26 TRI-CITY 7:35pm FRI 25 KELOWNA 7:35pm SAT 27 at EVERETT 7:05pm TUE 29 PRINCE GEORGE 7:05pm SUN 28 KAMLOOPS 5:05pm -• - TUE 30 at SPOKANE 7:05pm FRI 1 PORTLAND 7:35pm November SAT 2 TRI-CITY 7:05pm FRI 2 at SWIFT CURRENT 6:00pm TUE 5 at VICTORIA 7:05pm SAT 3 at MOOSE JAW 6:00pm WED 6 at VICTORIA 7:05pm TUE 6 at BRANDON 5:00pm FRI 8 RED DEER 7:35pm WED 7 at REGINA 5:00pm SAT 9 CALGARY 7:05pm FRI 9 at PRINCE ALBERT 5:00pm FRI 15 VANCOUVER 7:35pm SAT 10 at SASKATOON 5:05pm SAT 16 at EVERETT 7:05pm FRI 16 MEDICINE HAT 7:35pm SUN 17 VANCOUVER 5:05pm SAT 17 SPOKANE 7:05pm SAT 23 EVERETT 6:05pm WED 21 KOOTENAY 7:05pm SUN 24 at VANCOUVER 2:00pm SAT 24 PORTLAND 7:05pm TUE 26 EDMONTON 7:05pm TUE 27 EVERETT 7:05pm THU 28 at KELOWNA 7:05pm FRI 30 at PORTLAND 7:00pm December FRI 1 at TRI-CITY 7:05pm SAT 1 KELOWNA 7:05pm SAT 2 TRI-CITY 7:05pm SUN 2 KAMLOOPS 5:05pm WED 6 at SPOKANE 7:05pm THU 6 at TRI-CITY 7:05pm FRI 8 PRINCE GEORGE 7:35pm FRI 7 at EVERETT 7:35pm SAT 9 EVERETT 7:05pm SAT 8 PORTLAND 7:05pm TUE 12 TRI-CITY 7:05pm TUE 11 VICTORIA 7:05pm FRI 15 at PORTLAND 7:00pm FRI 14 at SPOKANE 7:05pm SAT 16 PORTLAND 7:05pm SAT 15 at PORTLAND 7:00pm TUE 18 TRI-CITY 7:05pm FRI 28 EVERETT 7:35pm SAT 29 at EVERETT 7:05pm MON 31 at PORTLAND 8:00pm FOR TICKETS CALL: 253-239-7825 OR ONLINE AT: seattlethunderbirds.com i FULL ADDITIONAL PACKAGES CLUB$ ?4 FLEX TICKETS BENEFITS PLAN Clients I�I 24-ticket vouchers [f Your same great seat to 36 nights of world class hockey Entertain >, 5?� Up tc:.30%savings r "MP,ticket orices ! Reward Employees ANY GAME Avoid per ticket surcharges,taxes,or fees associated !i Build Relationships! in ANY QUANTITY with individual ticket purchases 9 :aranteed playoff seating Seats located at center ice,penalty box side =FORDABLE-Save up to$6 off each Premium Ticket. 5�' Special discounts at the Team Store �. [Jf Larger,more comfortable seats No ticket fees! 9 Access fo your ouvn peisc,nai os•ason Ticket Redeemable for ANY premium seat at ANY game. [�Access to private club and suite lounge I [�FLEXIBLE- Holder Service Representative ' Two(2)preferred parking stalls per four(4)seats [.�GREAT GIFTS-Give them as gifts for birthdays,holidays, Unused tickets exchange program i{ [� Opportunity to upgrade,relocate,or add additional [.�First option to buy your seats for all non hockey events friends,family,neighbors,or co-workers! GUARANTEED PLAYOFF SEATING season tickets each year' eased on availability •, [Jr Private entrance [� , I 0LrKEV LEI ��THL1iVDE,RB1RDm6,k. ,' . 220 219 21B 217 216 215 214 213 212 211C., � 117 176 115 114 113 PER GAME PRICES 118 ► h�.. FULL 24-FLEX FULL SINGLE %OF SEASON PLAN SEASON GAME SAVINGS s 111 119 $975 $864 $27 $40 32% The T-Birds -andf 110 GLASS $738 N/A $20 $30 33% in the 1 101 eriods 1O9 PREMIUM $576 $480 $16 $24 33% �� i 10 ADULT $414 102 103 104 705 106 107 *YOUTH $306 N/A $8.50 $1 29% o cr. • � c o 201 202 203 204 205 206 207 206 209 210I - _ i � GROUP TICKET EXECUTIVE .....- \.. Enjoy an exciting night of T-Birds hockey with a group of your OWNERSHIP Or Experience the finest in entertainment with owning a suite right in your own back yard!The ShoWare Center offers We make organizing a group easy,affordable and memorable. ReebuK twenty(20)Executive Suites that range in size from 10 to Whether you're with a school,church,company or social group, 16 luxury seats.Suite ownership will provide you with a you're sure to have a great time at the ShoWare Center! tremendous opportunity to host corporate clients,reward l✓ employees and create business networking events. , l s [�First option to purchase your suite for any other ShoWare Center eventsLad Al GROUPS GROUPS GROUPS [7f 1P park,. , OF 10+ OF 20+ OF SO+ DISCOUNTED $22 $18 $18 42"Plasma Television , TICKETS-REG.$24 O GREAT NIGHT OF [�Up-scale catering Menu with Hostess Service �.T-BIRDS HOCKEY _. GROUP MVP [� ^A bar with fridqu Yr Private Washrooms DRAWING ENTRY LJ RECOGNITION ON • /� �� ti VIDEOBOARD C� C�( • - � 4 - 2 FREE TICKETS 10 SEATS=$16,200 10 SEATS=$600 FOR GROUP LEADER � Cal $10 CHUCK-A-PUCKS 12 SEATS=$19,440 12 SEATS=$720 FOR GROUP LEADER 14 SEATS=$22,680 14 SEATS=$840 1 FREE T BIRDS 16 SEATS=$25,920 16 SEATS=$960 HOCKEY JERSEY CAI " $30/Ticket ShoWare ' • #'".I■�"' GROUPS-REc.$40 •1 Parking Pass per 5 Tickets KENT FAMILY ZONE 20 or More-$12/Ticket (fir 'GROUPS -REG.$16 G25 W. JAMES ITir ll �� ICE BOX 50 or More-$30/Ticket40% KENT, WA 98032 YOU •Club Lounge Access•50 Hats ARE KIDSis I . n a vr READ PAC KA G E S FULL SEASON TICKETS BIRTHDAY PACKAGES KIDS 12 AND UNDER/PACKAGES i . EXECUTIVE SUITES STA AT AT TTTC $96 , GROUP TICKETS Includes 2 Adult and 6 Kids tickets,birthday card signed �, , �by the team,welcome on the video board,a visit at thedi game from Cool Bird,and much more! V 253-239-75 - ` ` -$136 THUNDERBIRDS.CON y� ShoWare <,.<.r,a"".•< `�I�1�IKENT ShoWare Center Group Suites PARKING ALWA - , July 2012 jG discount S Available' July 21 July 28-29 3rd Annual ShoWare Shootout 3-on-3 Basketball Tournament presented by Allied Waste, teams of men, women, youth and wheelchair 0 6 athletes participate. July 31 ShoWare Center JOB FAIR, 4 PM - 7 PM, Hiring operations, box office, guest services, food & beverage, security and housekeeping. Ringling Bros Circusl August 2012 August 31 - Sept 3 August 1 Kent Chamber Membership Luncheon, 11:30 AM - 1 PM, Enjoy lunch hear from UW Medicine/Valley Medical Center CEO Rich Roodman, $20 for Chamber members, $30 for non-members. August 2 Renton Technical College Graduation, 7 PM, www.rtc.edu PAO August 6-11 Seattle Thunderbirds Hockey School, Youth, ages 6-14; Junior, ages 15-19 & adult, visit SeattleThunderbirds.com for details. August 13-18 Seattle Thunderbirds Hockey School, Youth, ages 6-14; Junior, ages 15-19 & <. adult, visit SeattleThunderbirds.com for details. Aug 31 Sept 3 Ringling Bros BARNUM BASH - nine shows over four days, $80 (including Ladies Night Out, Vol. 5 lunch/dinner) $50, $40, $2o G S September 8 September 2012 August 1 Kent Chamber Membership Luncheon, 11:30 AM - 1 PM, $20 for Chamber ShoWare members, $30 for non-members. Sept 8 Ladies Night Out Concert Series, Vol. 5, featuring Blackstreet, 112 w/Slim, K E N T After 7, next, Color Me Badd and more, $99, $60, $55, $42 &$32 G S Sept 14 Kent Downtown Partnership's Downtown Breakfast Hour, 7:30 AM, Box Office Hours downtown kentwa.com Monday-Friday - 10am-5pm Sept 14 Seattle Thunderbirds vs. Everett WHL Preseason game, 7:35 PM Saturday - 10am-2pm Box Office opens two hours Sept 22 Seattle Thunderbirds HOME OPENER vs. Portland, 7:30 PM before events _ Sept 27 Lynyrd Skynyrd w/Shooter Jennings &Texas Hippie Coalition, $59.50, $49.50 Tickets are available at & $39.50 S ShoWare Center Box Office, ShoWareCenter.com, or call 253.856.6999 Ticket prices subject to 1� convenience fees. ShoWare �SNINGION For group sales and suites, SHOOTOl1T � � � � � � � i_(1� 2012 call 253.856.6705 i/AMER!CA f-� ON Call to learn more HHO HONORS about hosting your Lynyrd Skynyrd ShoWare Shootout 2012 Skate America next corporate Or July 28-29 September 27 October 19-21 community meeting at ShoWare Center! Get in the loop and stay connected! (253) $56-6715 ShoWare Center on Facebook &Twitter i Visit us online - ShoWareCenter.com l ShoWare `..ogy' . KENT Marketing Update Through July 26, 2012 Total Attendance—1,143,902 • 2009—349,761 • 2010—323,644 • 2011—381,159 Demographics Analysis-Average Attendee, ticketed,'non-hockey events, 2010-2012: Age: 18-25—8.63% 26-34—20.85% 35-49—35.92% 50+— 26.13% No response—3.55% Gender: Male—41.96% Female—48.80% No response—4.28% SOCIALIZE with ShoWare Center Total Number of unique session visits to www.ShoWareCenter.com — 1,330,428 0 2009 monthly average—19,373 0 2010 monthly average—28,463 0 2011 monthly average—37,393 0 2012 monthly average—34,125 Total Number of page views— 16,259,889 (12.22 pages per visit) Facebook.com/ShoWareCenter: • 3,102 likes from: 673 Seattle, WA 59 Covington, WA 26 Bellevue, WA 497 Kent, WA 51 Maple Valley, WA 25 Bremerton, WA 190 Tacoma, WA 42 Bonney Lake, WA 25 Kirkland, WA 148 Auburn, WA 39 Olympia, WA 23 Lakewood, WA 124 Renton, WA 28 Everett, WA 21 Port Orchard, WA 101 Puyallup, WA 28 Des Moines, WA 19 Redmond, WA 86 Federal Way, WA 26 Portland, OR 1 Facebook.com/ShoWareCenter: 1,048,386 Friends vi Fans • 514 People Talking About • 37,357 Weekly Reach • Includes apps for ticket sales, a-news sign-up Twitter.com/ShoWareCenter: • 3,936 Tweets • 674 Following • 972 Followers Upcoming Ticketed Events • Ringling Bros Barnum Bash —August 31—September 3 • Ladies Night Out, Vol. 5—September 8 • Lynyrd Skynyrd—September 27 • 2012 Skate America—October 19—21 • Music Fest—October 27 • Disney On Ice—November 8-12 Upcoming Community Events • ShoWare Shootout 3-on-3 Tournament—July 28-29 • Job Fair—July 31 • Kent Chamber Luncheon—August 1 • Renton Technical College Graduation —August 2 • Seattle Thunderbirds Hockey School —August 6-18 • Kent Chamber Luncheon —September 5 • Kent Downtown Partnership Downtown Breakfast Hour—September 14 • City Church Vision Day—September 30 • Find it in Kent Business ShoWcase—October 3� 2