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Minutes Five Flags 2 17 03Five Flags Commission Meeting February 17, 2003 PRESENT: Rod Bakke, Mike Brannon, Gary Dolphin, Cindy Fuller, Mark Nauman STAFF PRESENT: Gil Spence, Paula Wolfe The Commission meeting convened at 9:35 a.m. in the Manager's Office at Five Flags Center. Chairperson Mark Nauman presided. Rod Bakke moved to approve the January 13, 2003 Five Flags Commission Minutes, seconded by Gary Dolphin. 'Minutes were approved by all. Manager Wolfe reported that the month of January was a very good month for concessions, due largely to eight Thunderbirds home games in one month, along with the inaugural Wendy's Women's Basketball Classic, and other arena events. FBN performed 2 FBNRadio Live radio shows.., very inexpensive and popular with audiences. A self-promotion report was distributed for DanceTime. Manager Wolfe explained that a typical attendance for a show of this nature in the Theater is 400. There is a point where things are profitable. In this case all expenses were kept minimal. Rates were negotiated, with Iow expenses. A lot of promotion was done on a shoe-string budget, along with public service promotion. Targeted mailings ware also sent to ballrooms, ballroom dance studios and instructors. The show was very well promoted. 417 people purchased tickets, however, the showwas still (disappointingly) a marginal financial loss. Although the showwas a financial loss, it Was a success for the community with over 400 people in attendance who truly enjoyed the performance. Manager Wolfe also discussed profitable events such as the Nutcracker ($18,000 profit) and Chadie and the Chocolate Factory ($1,700 profit), and compared and contrasted these events and others for the Five Flags Commission. Tracking of upcoming events was also discussed. Copacabana will be a co-promotion with the agent Who brought us Big River from New York last March. We have a radio sponsor for Copacabana - Radio Dubuque Stations: KATFM, KGRR, KDTH and their new country station The River. They have committed to $6,000 in radio promotion. Anne Murray (a co-promotion With National Artists from Maryland) tickets are selling very well. The first day of sales recorded over 840 tickets at the close of the business day. Cindy pointed out that it Will be interesting to see if this will impact the Arena Pops Concert. Manager Wolfe has spoken With the Symphony and explained the conversation to the Commission. With January being right after the Holidays, the first part of the month was slow for non- revenue events. Commissioners discussed including concession product expenses, and attendance figures on the commission report if possible. Financials were reviewed and approved. The Commission began its review of the Five Flags Center Policies. The intent was to make revisions throughout the ensuing months at monthly meetings. Gil Spenca Five Flags Commission Meeting February 17, 2003 Page 2 directed the Commission through the draft. Rod Bakke asked if Gil had any recommendations for revisions. Discussion ensued. Mike Brannon asked about user policies for advertising safes. It was noted that the policies are covered in the Thunderbirds contract. The Commission progressed through the Food and Beverage section of the User Policies with discussion and revision recommendations, and tabled the discussion to continue at the next meeting. With no further business, Gary Dolphin moved to adjourn the meeting. It was seconded by Mike Brannon and approved by all. The meeting adjourned at 10:23 a.m. Respectfully submitted, Mark Nauman Chairperson