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Minutes_Five Flags Civic Center Advisory Commission 7.26.21Copyrighted August 16, 2021 City of Dubuque Consent Items # 1. City Council Meeting ITEM TITLE: Minutes and Reports Submitted SUMMARY: City Council Proceedings of 8/2 and 8/9; Civil Service Commission of 7/15; Five Flags Civic Center Commission of 7/26; Library Board of Trustees of 5/27 and 6/24; Library Board of Trustees Update of 7/22; Zoning Board of Adjustment of 7/22; Proof of Publication for City Council Proceedings of 7/19; Proof of Publication for List of Claims and Summary of Revenues for month ended 6/30. SUGGESTED Suggested Disposition: Receive and File DISPOSITION: ATTACHMENTS: Description Type City Council Proceedings of 8/2/21 Supporting Documentation City Council Proceedings of 8/9/21 Civil Service Commission Minutes of 7/15/21 Five Flags Civic Center Commission Minutes of 7/26/21 Library Board of Trustees Minutes of 5/27/21 Library Board of Trustees Minutes of 6/24/21 Library Board of Trustees update of 7/22/21 Zoning Board of Adjustment Minutes of 7/22/21 Proof of Publication for City Council Proceedings of 7/ 19/21 Proof of Publication for List of Claims / Summary of Revenues for Month Ended 6/30/21 Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation Supporting Documentation CRA FIVE FLAGS Five Flags Civic Center Advisory Commission Meeting July 26, 2021 UNAPPROVED COMMISSIONERS Tyler Daugherty, Rod Bakke, Bryce Parks (participating by phone) PRESENT: COMMISSIONERS Nicholas Huff, Mackenzie Blau ABSENT: STAFF PRESENT: HR Cook, Corey Morehead, Jesse Gavin, Megan Beckley OTHERS PRESENT: Marie Ware, John Kruse NOTE: Meeting was moved from Majestic Room to Five Flags Center lower promenade due to air conditioning not functioning in Majestic Room. MINUTES APPROVED; Commissioner Bakke motioned and Commissioner Parks seconded, to approve VOTE: the minutes of May 3, 2021 meeting. Motion passed unanimously. END OF FISCAL YEAR Cook explained that Five Flags Center was the busiest building in Iowa, if not 2021 REPORT BY HR the United States, in March -May. During pandemic, city had established new COOK AND COREY benchmark of $902,000. FFC had net loss of approx. $800,000, which MOREHEAD: surpasses both original and new benchmarks. Cook mentioned Five Flags will be one of very few venues across the country that made budget in FY21. Cost reductions came from lack of events, delaying maintenance while facility was shuttered, and reduction of two full-time staff positions. Five Flags also received $58,000 grant from Iowa Arts Council. Cook expressed optimism about the event bookings for the remainder of the summer and into fall. Megan Beckley has been hired as the new Food and Beverage Manager, and Jacquelyn Pfohl is the new Events Coordinator. Five Flags set a new building record for food and beverage revenue during recent Cody Jinks concert ($72,000) and has secured approx. $50,000 in new sponsorships. REVIEW OF Cook says a needs assessment is being put together to identify issues that OPERATIONAL prevent Five Flags Center from optimally serving both city and customers. He CHALLENGES AND notes that this will help demonstrate the need for an expanded facility to CAPITAL NEEDS TO potential referendum voters. Mentioned restroom lines during Cody Jinks ADDRESS: concert and plans to rent temporary restrooms for upcoming Koe Wetzel concert, as well as traffic flow problems during high attendance events. Commissioner Bakke noted that continuing to "patch" the building's problems is not a viable option. REVIEW AND Cook suggested creating an updated feasibility study that would address APPROVAL OF MEMO changes in material and construction costs post-COVID, but stressed that only TO COUNCIL the fiscal aspect of the study would need to be updated. Commissioner Bakke REGARDING suggested that letter to Council should reflect Five Flags staff efforts to bounce REFERENDUM: back after the pandemic. Ware explained the timeline to submit the letter to Council. Commissioner Daugherty moves to recommend finding a funding source for a fiscal update to feasibility study. Seconded by Bakke. Passed Page 1 of 2 unanimously. Commissioners asked for additional time to review letter to council and proposed holding a special meeting within the next week for final review. NAMING RIGHTS Cook has reviewed ASM Global's contract with the city with regard to selling COMMITTEE: naming rights for the facility. He interprets the contract to say that ASM Global has the right to do so, but is consulting with the City Attorney's office for clarification. He suggested forming a Naming Rights Committee within the Commission. Commissioners Daugherty, Parks, and Bakke all volunteered to be a part of the committee, along with Cook. Bakke provided historical perspective on the original name choice, but agreed that new options should be explored. PUBLIC COMMENT: No public comment at this time. ADJOURN; Motion to adjourn was made by Commissioner Bakke, seconded by VOTE: Commissioner Daugherty. The motion passed unanimously. NEXT MEETING: Special meeting for final review of letter to City Council will be set by Commissioners via email. Page 2 of 2