Board of Directors s23

MINUTES Board of Directors Regular Scheduled Meeting May 24, 2011 12:30 PM Spokane Arena Board Room ITEM #1 TO ORDER Board Chair Mick McDowell convened the 593rd meeting of the Spokane Public Facilities District at 12:30 PM.

ITEM #2 ATTENDANCE In attendance were Board Chair Mick McDowell, Vice-Chair Nate Greene and member Rita Santillanes. Members Larry Soehren and Sandy Wade were absent and excused. District personnel included Kevin Twohig, Johnna Boxley, Dave Gebhardt, Matt Gibson, Stephanie Curran, Stephanie Huff, and Brittany Garwood. Guests included Cheryl Kilday of the CVB, and Dave Pier of Brett Sports and Entertainment. ITEM #3 CONSENT AGENDA Mr. Greene moved to approve the minutes from the May 10, 2011 meeting, Ms. Santillanes seconded and the motion passed unanimously. Mr. Greene moved to approve the invoices for April, Ms. Santillanes seconded and the motion passed unanimously. This includes the following: Voucher # 92367-92502, 5924-5964, 5999-6032, 6032-6077, 6080-6093, 6095-6101, 6104-6116, 6118-6134, 6136-6140, 6215-6235, and 6237-6294 in the amount of $938,348.65. Ms. Santillanes moved to approve the District’s share of the CVB Marketing study - $20,000.00, Mr. Greene seconded and the motion passed unanimously.

ITEM #4 DISTRICT BUSINESS Ms. Garwood reviewed the financial information for April, reporting that it was a very good month with operating profit of $238k, YTD attendance at 536k and the SCIP at .856%. The tax revenue for May was also presented. Policy/Procedure 3.1- Budget Approval was presented for a second reading and Mr. Greene moved to approve, Ms. Santillanes seconded and the motion passed unanimously. May 24, 2011 Page 2 of 2

Policy/Procedure 3.7- Purchase and Disposal of Capital and Attractive Assets was presented for a second reading and Ms. Santillanes moved to approve, Mr. Greene seconded and the motion passed unanimously. Mr. Gebhardt reported that the bids for the Landscape Phase II and the INB Backstage Entry projects are due this week and asked for approval to proceed to contract with project committee approval. Mr. Greene moved to approve, Ms. Santillanes seconded and the motion passed unanimously. Stephanie Curran and Dave Gebhardt gave the Events report, highlighting the upcoming events.

ITEM #5 PUBLIC COMMENTS There were no public comments. ITEM #6 ADJOURNMENT There being no further business, the Board adjourned at 12:45 PM. 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.