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HomeMy WebLinkAboutCity Council Committees - Public Facilities District Board - 10/26/2023 (2) Public Facilities District Board Regular Meeting October 26, 2023 Minutes Kent, Washington Pending Approval Date: October 26, 2023 Time: 4 p.m. Place: accesso ShoWare Center Other Attendees: General Manager, Tim Higgins Director of Marketing, Kelly Spreitzer-Saucer Director of Finance, Arletta Voter S e n i o r Assistant City Attorney, Adam Long Records Management Admin, Melissa McCormick Cash and Investment Officer, Joe Bartlemay Agenda: 1. Call to Order The meeting was called to order at 4:01 p.m., with Zenovia Harris presiding. 2. Roll Call Zenovia Harris - Present Jeff Piecewicz - Present Greg Haffner - Present Kristie Duggan - Present 3. Changes to the Agenda Haffner moved to approve the agenda as presented, seconded by Piecewicz. Motion passed unanimously. 4. Welcome Newly Appointed Member - Kristie Duggan, Position No. 4 Duggan shared that she is a long time Kent resident and Thunderbirds season ticket holder. She also serves as Chair on the Parks and Recreation Commission. 4. Annroval of Minutes dated April 27, 2023 Harris moved to approve the minutes dated April 27, 2023, seconded by Piecewicz. Motion passed unanimously. S. Election of Officers for 2024 Chair - Zenovia Harris, Vice Chair - Greg Haffner, Secretary - Jeff Piecewicz. Haffner Motioned to approve candidates, seconded by Piecewicz. Motion passed unanimously. 6. Financial Reports A. City of Kent. Joe Bartlemay, Cash and Investment Officer, presented the ShoWare Center Operating Fund through September 30, 2023, and provided a detailed overview of each line item for both revenues and expenses and provided further details on the SMG Income Loan Proceeds, transfers in from the General Fund and Capital, in addition to expenditures related to the bank account adjustment, Debt Service on the SMG Loan and lifecycle maintenance. Bartlemay reviewed the Kent Special Events Center Public Page 1 of 2 Public Facilities District Board Regular Meeting October 26, 2023 Minutes Kent, Washington Pending Approval Facilities District Fund through September 30, 2023, and also provided additional details on the sales and use tax revenues and expenditures related to the debt service. B. accesso ShoWare Center. Tim Higgins, SMG General Manager, provided an overview of the accesso ShoWare Center 2023 Income Statement for the three months ending on September 30, 2023 Actual to Budget Comparison. 7. Operations Update A. General Manager Update. Higgins talked about upcoming events and detailed recent and future capital projects, including the rebranding of concessions stands, a new audio system and upgraded security cameras. B. Marketing Update. Kelly Spreitzer-Saucer provided the marketing update. Showare has been open for 15 years and has had 7.2 million people come through the doors. S. Seattle Thunderbirds Update Thunderbirds President, Colin Campbell was not in attendance. Spreitzer-Saucer advised they had 10 playoff games at Showare last season and held their season opener on September 30, 2023. 9. Adjournment Harris adjourned the meeting at 4:29 p.m. Melissa McCormick, Records Management Administrator October 26, 2023 Page 2 of 2