June 22, 2010

Page 2 of 2

MINUTES

Board of Directors

Regular Scheduled Meeting

June 22 @ 12:30 PM

Spokane Arena

ITEM #1 TO ORDER

Board Chair Larry Soehren convened the 573rd meeting of the Spokane Public Facilities District at 12:30 PM.

ITEM #2 ATTENDANCE

In attendance were Board Chair Larry Soehren, Vice-Chair Mick McDowell and member Nate Greene. Members Rita Santillanes and Sandy Wade were absent and excused. District personnel included Kevin Twohig, Matt Gibson, Stephanie Curran, Stephanie Huff, Brittany Garwood, and Betsy Hammond. Guests included Dr. Patrick Jones of EWU and Mark Miles of Brett Sports and Entertainment.

ITEM #3 CONSENT AGENDA

After questions, Mr. McDowell moved to approve the consent agenda as presented, Mr. Greene seconded and the motion passed unanimously. This includes the following:

Minutes from May 25, 2010

Invoices for May, voucher #90781-90904, #3346-3661, 3666-3679, 3682-3718, 3720-3726, 3728-3829, 3888, in the amount of $ 1,564,946.23.

Nor-Pac Seating invoice for $26,040.17

ITEM #4 DISTRICT BUSINESS

Dr. Patrick Jones from EWU gave a Power Point summary of the preliminary economic impact study for the Spokane Public Facilities District. He explained that data was collected by Strategic Research Associates from February 2009-January 2010. They used the 7 surveyed events and extrapolated those into “event types”. This data was analyzed using the analytical input-output model, using 5 specific measures that impact the local economy. The preliminary summary is that the SPFD’s total impact is over 1000 jobs with a conservative value of $43.5 million out of a Spokane metro GDP of $17.6 billion. The Board asked question and discussion followed; the final report, which will include Board and staff input, will be issued in July.

The Board discussed the idea of establishing a CC new business fund and discussion followed. More information will be brought before the finance committee and a future Board meeting.


Mr. Twohig reported that the art selection committee recommended Melissa Cole as the artist for the CC art; Mr. McDowell moved to proceed with a contract, Mr. Greene seconded and the motion passed unanimously. The committee also recommends that if the Board approves and budgets for additional art next year they would recommend artist Louise Kodis and the Board concurred.

Mr. Twohig presented a letter from ISS corporate, asking for a contract extension of one additional year; Mr. McDowell moved to approve, Mr. Greene seconded and the motion passed unanimously.

Ms. Garwood gave the May financial report, stating that May was another good months with operating revenue up $168k, YTD $1.2 million. Attendance is 157k which is 68% of 2009 and 65% of 2008. Mr. Twohig also presented the revenue report for June.

Mr. Twohig gave a project update, including the following:

·  Tsutakawa fountain motor

·  INB/CC Breezeway window wall

·  CCX expansion joint failure

·  CC sliding door replacement

·  Arbor repairs

·  Ag/Trade heating plant study

·  Arena landscape renovation

·  Arena fitness center

·  SW Arena recladding

·  Arena seat expansion

·  South Block light poles, brick sealer and asphalt sealer

Mr. Twohig asked for approval of the design and engineering work for the INB/CC breezeway glass. This glass is no longer available and a study will be needed, not to exceed $25k. Mr. Greene moved to approve and Mr. McDowell seconded and the motion passed unanimously. He also asked for Board consensus about starting with the budgeted A&E work for the exhibit space/meeting room expansion and the Board concurred.

Stephanie Curran and Matt Gibson gave the Events Update, highlighting the upcoming events.

Mark Miles reported that they have met with all the suite holders regarding suite renewals.

ITEM #5 PUBLIC COMMENTS

There were no public comments.

ITEM #6 ADJOURNMENT

There being no further business, the Board adjourned at 2:10.

Recorded by Sherry Leatha

Clerk of the Board and Recording Secretary

Approved by the Board of Directors

The SPFD Board’s minutes are intended to be a reasonable summary of the Board’s deliberations and actions. The minutes are not a verbatim record of everything said at the meeting. The minutes include all actions taken by the Board.