05/17/18 Sports Authority Meeting

05/17/18 Sports Authority Meeting


>>GOOD MORNING EVERYONE. THANK YOU FOR JOINING US TODAY FOR THE SPORTS AUTHORITY BOARD MEETING. IT’S ALWAYS GOOD TO BE IN BRIDGESTONE ARENA. I WANT TO THANK THE PREDATORS ORGANIZATION FOR HOSTING US. THIS ORGANIZATION COMPUTERS TO MAKE OUR CITY PROUD BOTH ON AND OFF THE ICE AND PLEASE JOIN ME IN CONGRATULATING THEM ON ANOTHER VERY SUCCESSFUL SEASON. AND AS ALWAYS PLEASE NOTE THE PROCESS FOR THIS BOARD CAN BE FOUND AT THE TOP OF TODAY’S AGENDA AND YOU HAVE THE MEETING MINUTES FROM APRIL 19TH MEETING BEFORE YOU. ARE THERE ANY QUESTIONS? REGARDING MINUTES? THERE’S A MOTION TO APPROVE. IS THERE A SECOND?>>SECOND.>>MOTION AND PROPERLY SECONDED. ALL IN FAVOR, SAY AYE. MINUTES ARE APPROVED AND AT THIS TIME WE’LL HEAR FROM MONICA FOR OUR EXECUTIVE DIRECTOR’S REPORT.>>THANK YOU MADAM CHAIR AND GOOD MORNING EVERYONE AND THANK YOU FOR BEING HERE AND WE HAD GREAT ATTENDANCE AT THE FINANCE COMMITTEE AND YOU SEE UNDER ITEM FOUR WE ASK THE BOARD TO CONSIDER A RESOLUTION INTENT FOR AWARD FOR DESIGN IN ARCHITECT PIECE AND WE’LL HEAR MORE ABOUT THAT IN A FEW MINUTES. BESIDES THE INTENT THE BOARD WILL RECEIVE INFORMATION FROM THE FINANCE AND PERSONNEL COMMITTEE AND WE’LL HAVE TIME FOR FACILITY QUESTIONS AND COMMENTS AND RECEIVE THE BRIDGESTONE ARENA REPORT. ARE THERE ANY QUESTIONS ABOUT THE THE AGENDA AND THEN I HAVE UPDATES FROM LAST MONTH AND I DID MENTION THIS AT THE FINANCE COMMITTEE AS WELL. YOU WILL RECALL LAST MONTH AT THE APRIL MEETING THE SPORTS AUTHORITY APPROVED RESOLUTION THAT RATIFIED APPROVAL OF THIS PREVIOUSLY INCURRED INSTANCES RELATED TO THE STADIUM PRE DEVELOPMENT WORK. METRO FINANCE AND A COUNTING HAD BEEN WORK TOGETHER UPDATE AND CHANGE THIS APPROVAL PROCESS. YOU’LL REMEMBER THAT WE INITIALLY WERE NOT INCLUDED ON THAT AND THAT WAS A REQUEST THAT CAME FROM THAT WHOLE EXPERIENCE SO THEY’RE IN THE PROCESS OF A CHANGING THE APPROVAL ROUTE AND I’LL HAVE A MEETING WITH FINANCE AND THE ACCOUNTING DIVISION AND I THINK WE’LL BE ABLE TO FINALIZE THAT AT THAT TIME AND SECONDLY THAT SAME RESOLUTION AUTHORIZED THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE CHAIR TO COORDINATE WITH THE MAYOR AND THE FINANCE DIRECTOR AND THE PURCHASING AGENT TO SELECT THE MOST APPROPRIATE METRO CONTRACTOR TO PROVIDE THE SERVICE S AND SENSE LAST MONTH I’VE HAD MULTIPLE CONVERSATIONS WITH FINANCE, THE MAYOR’S OFFICE. WITH OUR CHAIR AND WE DETERMINED THAT WE’RE GOING TO USE ARCHITECTURAL FIRM GOBBLE HAYES PARTNERS AND CAPITAL PROJECT SOLUTIONS BOTH OF THEM HAVE EXISTING CONTRACTS WITH METRO TO SERVE AS OUR PROGRAM AND PROJECT MANAGERS. RON GOBBLE IS HERE WITH US THIS MORNING AND NO STRANGER AND THEY SERVE AS CONSTRUCTION OF FIRST TENNESSEE PARK AND PARTNERS WITH GENERAL SERVICES ON A NUMBER OF OTHER PROJECTS AROUND METRO AND ESPECIALLY RELATED TO STRATEGIC PLANNING I THINK WORKING WITH THE POLICE HEADQUARTERS AND THE FAMILY JUSTICE CENTERS MASTER PLANS AND THEN SO RON WE’RE GOING TO TALK ABOUT THE RFQ AND RON HAS IS SERVED AZTEC ANY CALL ADVISOR AS WE WORKED THROUGH THAT PROCESS AND YOU’LL HEAR FROM HIM IN JUST A MINUTE.PALSO CAPITAL PROJECT SOLUTIONS CPS IS A PROJECT MANAGER OR PROJECT MANAGEMENT OWNERS REPRESENTATIVE FIRM SO THEY MANAGE ALL PHASES OF CONSTRUCTION PROJECT ACTIVITIES AND THEY WORKED ON FIRST TENNESSEE PARK OR THE METRO OFFICE BUILDING THAT’S NEXT TO THE SCHOOL ON THE CAMPUS OUR OFFICE IS ON. THEY’VE WORKED WITH THE PUBLIC HEALTH CENTER AND CURRENTLY WORKING ON THE SHERIFF’S OFFICE COMPLEX DOWNTOWN THAT’S PRESENTLY UNDER CONSTRUCTION. SO WE’RE GOING TO BE WELL REPRESENTED THAT’S THE SHORT OF IT SO IN THE COMING WEEKS WE’LL FINAL ADVERTISE SCOPE FOR BOTH FIRMS WHILE WE CONTINUE TO MOVE AHEAD ON THE PRELIMINARY PLANNING OF THE STADIUM. SO RON IF YOU WANT TO COME UP NOW YOU CAN SAY MORE ABOUT YOURSELF AND HE’S WORKING WITH THE FAIRGROUNDS SO WILL GIVE YOU A BRIEF UPDATE.>>YES WE’RE EXCITED TO BE BACK ON THE PROJECT OF THE SPORTS AUTHORITY AND THINK THIS WILL BE QUITE AND ADVENTURE. GOOD PROJECT OF THE CITY AND WE’RE HAPPY TO BE HERE. WE’VE GONE THROUGH THE, TEXTURAL ENGINEERING AND SELECTION PROCESS AND HELP ME GET INTO ASSOCIATIONS AND FIND THE SCOPE AS WE MOVE FORWARD WITH THAT PROCESS AND WE’RE ALSO ON FAIRGROUNDS AND PUBLIC ENGAGEMENT. WE’RE STARTING TODAY IN FACT AT 11:30 WE’LL OPEN THE PUBLIC TO COME IN AND GIVE US INPUT ON HOW THE FAIR GROUND IMPROVEMENT PLAN CAN BEST SERVE THEIR VARIOUS CONSTITUENCIES AND WE HAVE ANOTHER SECTION AT 6:00 AND ALL OF YOU ARE INVITED AND LOVE TO HAVE YOU THERE. OVER IN THE NEXT COUPLE OF DAYS THIS IS LED BY TIMES THERE AND OVER THE NEXT COUPLE OF DAYS THERE’S OPPORTUNITIES FOR THE PUBLIC TO MEET WITH THE VARIOUS DESIGN TEAM MEMBERS AND THE DESIGN TEAM MEMBERS WILL DIGEST ALL THAT WE COLLECT IN TODAY’S MEETINGS AND WE’LL BE GIVING PULLING ALL OF THAT TOGETHER NEXT WEEK. THE FINAL MEETING FOCUSED ON THE FLEA MARKET AND HAVE REPORT BACK ON THE 29TH FOR PUBLIC PRESENTATION. SO ALL OF YOU ARE INVITED TO ATTEND AND IT’S GOING TO BE DELIGHTING TO HAVE THE OPPORTUNITY TO HEAR BACK FROM THE VARIOUS CONSTITUENCIES ABOUT WHAT’S IMPORTANT TO THEM IN FAIRFAX WITH. THAT SAID ALL THE OTHER THINGS IN THE PROCESS, CPS AND OUR FIRM ARE GETTING STARTED IN THIS PROJECT SO WE’RE TRYING TO IDENTIFY WHAT’S BEEN DONE AND KEEP IT MOVING.>>I THINK THAT’S GREAT. I’LL BE AT THE FAIRGROUNDS TONIGHT AND MORE THAN ANYTHING WE’D LOVE FOR YOU TO COME IF YOU CAN BUT WE THINK IT’S IMPORTANT THAT THE SPORTS AUTHORITY UNDERSTANDS THE BIGGER PICTURE OF WHAT’S GOING ON AT THE FAIR GROUNDS SO WE’LL KEEP YOU INFORMED AS WE MOVE THROUGH THIS. THERE’S A LOT OF INTEREST CLEARLY AND THE PUBLIC ENGAGEMENT PART IS VERY IMPORTANT SO THANK YOU FOR THAT UPDATE.>>GOT ANY QUESTIONS I’M HAPPY TO ANSWER THEM.>>THE LAST THING I WANTED TO MENTION IN MY REPORT AND THIS JUST CAME IN BUT BILL, THE HEAD OF THE TENNESSEE SPORTS HALL-OF-FAME IS HERE AND HE’S JUST INVITED THE BOARD TO THE 2018 CHAMPION WITHIN LUNCHEON AT SATURDAY JUNE 16TH AT THE OMNE.>>THE BANQUET SPECIAL BANQUET [INAUDIBLE] HE STOLE THE WHOLE PRESENTATION. BUT ANY WAY JUST NATIONAL CHAMPIONSHIP TEAMS AND PREDATORS IS ALWAYS YEAR IN THE REARS AND UNFORTUNATELY THIS YEAR WE HAD GREAT SEASON WE’VE HAD AND FELL SHORT OF THE PLAYOFFS BUT WE’RE CELEBRATING LAST YEAR BECAUSE LAST YEAR TRULY COULDN’T ASK FOR MORE THAN THAT. WHAT THE PREDATORS DID TO PUT THE CITY IN THE SPOTLIGHT INTERNATIONALLY IS GREAT SO THE PREDATORS ARE THE TENNESSEEANS OF THE YEAR. [APPLAUSE]>>WELL CONGRATULATIONS AND THANK YOU FOR THE INVITATION.>>MADAM CHAIR. LAST YEAR I WAS HAD THE GOOD FORTUNE TO BE INDUCTED IN THE HALL-OF-FAME AND IT’S A GREAT WEEKEND AND IT ALL OF YOU THAT CAN PARTICIPATE I THINK YOU WOULD REALLY ENJOY. THANK YOU.>>THANK YOU.>>ARE THERE ANY QUESTIONS? IF NOT THAT COMPLETES MY REPORT.>>THANK YOU MONICA. NEXT ON THE AGENDA WE HAVE CONSIDERATION OF A RESOLUTION OF APPROVING AN INTENT TO A WARD LETTER FOR THE MLS STADIUM ARCHITECT/DESIGN.>>WELL SO LET ME TELL YOU ABOUT THE PROCESS. I KNOW WE’VE BEEN TALKING ABOUT THIS. WITH REGARDS TO THE RFQ AND THIS EVALUATION AND THE WHOLE PIECE THE SPORTS AUTHORITY IS THE LEAD DEPARTMENT METRO PURCHASING CONVENES AN EVALUATION COMMITTEE AND WE REVIEW THE PROPOSALS AND THEN HAVE THE OPPORTUNITY TO INTERVIEW OFFERS THAT ARE DEEMED ACCEPTABLE WHICH WE DID. METRO PURCHASING THEN COMPILES THE SCORING AND ALL THE DOCUMENTS AND SENDS IT TO THE MAYOR WHO SELECTS THE AWARD ALONG, HE ALSO RECEIVED THE COMMITTEE’S RECOMMENDATION AND THE MAYOR RECEIVED INFORMATION FROM METRO PURCHASING AND MADE A SELECTION AND SELECTED POPULUS WHICH WAS ALSO THE COMMITTEE’S RECOMMENDATION. WE RECEIVED SOME STRONG PROPOSALS AND ULTIMATELY IT CAME DOWN TO EXPERIENCE AND SPECIFICALLY EXPERIENCE DESIGNING MLS STADIUMS. AND SO THAT IS WHY POPULUS WAS SELECTED. THE INTENT TO A WARD HAS GONE OUT ONCE THE BOARD APPROVES IT THEN WE’LL HAVE TEN DAYS AND WE CAN BEGIN CONTRACT NEGOTIATIONS SO THAT’S WHERE WE ARE NOW. IF THERE’S ANY SPECIFIC QUESTIONS ABOUT THE PROCESS THAT WE ARE ASKING THAT THE BOARD APPROVE THE INTENT TO A WARD THIS MORNING.>>AND I NOTICE THAT JOHN COOPER IS WITH US TODAY. I’M NOT SURE JOHN OUR LAW DIRECTOR, IF HE HAS ANYTHING TO ADD OR WANTS TO TOUCH ON THIS PROCESS BUT WE WELCOME YOU TO JOIN US.>>SURE. THANK YOU FOR HAVING ME. I WAS PREPARED TO GIVE A SUMMARY WHERE EVERYTHING STANDS RELATED TO THE STADIUM AND WHERE WE ARE IN NEGOTIATIONS. YOU WANT TO DO THAT AS PART OF THIS?>>LET’S DO THAT NOW.>>I WAS NOT INVOLVED IN THE PROCUREMENT PROCESS FOR THE ARCHITECT THAT WAS HANDLED THROUGH PURCHASING BUT I CAN TELL YOU ABOUT EVERYTHING ELSE THAT IS GOING ON.>>I THINK IT’S HELPFUL TO SEE THE WHOLE BIG PICTURE.>>I WILL TRY TO BE BRIEF IF YOU WANT ME TO MOVE ALONG PLEASE TELL ME AND I WILL. I’LL GIVE YOU HISTORY BECAUSE IT HAS BEEN A FEW MONTHS. YOU REMEMBER ON OCTOBER 2017 THIS BOARD AND THE FAIR BOARD APPROVED RESOLUTIONS REQUESTING THE COUNCIL TO CONDITIONALLY AUTHORIZE THE ISSUING OF THE 225,000,000 DOLLARS IN REVENUE BONDS BY THE SPORTS AUTHORITY FOR THE CONSTRUCTION OF THE NEW MLS STADIUM. THE NEXT MONTH THE COUNCIL APPROVED THAT RESOLUTION AND AS PART OF THAT RESOLUTION THERE ARE A NUMBER OF CONDITIONS THAT HAVE TO BE SATISFIED BEFORE THIS BOARD CAN AUTHORIZE THE ISSUING OF ANY DEBT SO I’LL GO THROUGH THOSE AGAIN BECAUSE AGAIN THEY’RE VERY IMPORTANT CONDITIONS. FIRST IS THE EXECUTION OF DEVELOPMENT AGREEMENT BETWEEN THE SPORTS AUTHORITY AND THE TEAM WHICH WE’RE WORKING ON AND I’LL EXPLAIN MORE ABOUT THAT IN A MINUTE. EXECUTION OF A GROUND LEASE BETWEEN THE SPORTS AUTHORITY AND THE FAIR BOARD FOR THE SITE WHERE THE STADIUM WILL BE BUILT. THE EXECUTION OF A LEASE SUBJECT TO APPROVAL OF MLS BETWEEN THE SPORTS AUTHORITY AND THE TEAM. THAT WOULD BE OPERATING LEASE AGREEMENT AND THE EXECUTION OF A GUARANTEE AGREEMENT WITH PERSONAL GUARANTEES REQUIRED IN THE EVENT. JOHN IS NO LONGER THE MAJORITY OWNER OF THE TEAM. A COUNCIL ORDINANCE APPROVING A TICKET TAX IS A CONDITION THAT HAS TO HAPPEN FIRST AND THAT WOULD BE A DOLLAR AND 75 FOR TICKET YEARS ONE THROUGH FIVE, 225 YEARS SIX AND SEVEN AND GOING UP TO 250 YEAR SEVEN AFTER. AND A PORTION OF THAT WOULD BE SET ASIDE FOR CAPITAL EXPENSES AND SOMETHING WE’VE NOT HAD WOULD BE VERY HELPFUL FOR THIS BO BOARD. ALSO THERE WILL BE REQUIRED AN ORDINANCE APPROVING THE DEMOLITION OF THE EXISTING FAIRGROUNDS STRUCTURE WHERE’S THE STADIUM WILL BE BUILT. BY CHARTER THAT WILL TAKE 27 VOTES OF THE METRO COUNCIL SO THAT’S THE KIND OF BIGGEST HURDLE FROM A COUNCIL STANDPOINT AS GIVEN 27 VOTES ON THAT ORDINANCE. AFTER THE COUNCIL APPROVES IT THE FAIR BOARD HAS TO APPROVE THE DEMOLITION OF THE STRUCTURES. NOT PART OF THE DEBT ISSUING BUT CONTEMPLATED THE PRIVATE DEVELOPMENT GROUND LEASE FOR A PORTION OF THE PROPERTY THE SPORTS AUTHORITY WOULD NOT BE INVOLVED IN THAT. THAT’S THE FAIR BOARD AND THE PUBLIC PROCESS AS DESCRIBED THAT’S CURRENTLY UNDERWAY. SO WE BEGIN DRAFTS OF THE AGREEMENTS THE DEVELOPMENT THE LEASE AND THE GUARANTEED TEAM LEASE AND THE GUARANTEE BACK IN FEBRUARY IF YOU REMEMBER IN THE PAST THE BOARD AND METRO HAVE USED LARRY FOR NEGOTIATING SIMILAR DEALS. HE IS NOW RETIRED AND I’M NOT SURE, I DON’T KNOW IF HE LIVES IN THE STATE ANYMORE BUT HE WAS NOT AVAILABLE SO WE RETAINED CRAIG HAMMOND AND TREVOR WITH DICK INSON WRIGHT LAW FIRM. ONE IS OUT OF DETROIT AND THE OTHER OUT OF TORONTO AND THEY HAVE DONE A NUMBER OF PROFESSIONAL SPORTS DEALS, FINANCING STADIUM CONSTRUCTION DEALS. HAVE BEEN VERY HELPFUL THROUGH THE PROCESS. WE’RE STILL NEGOTIATING THE FINAL VERSION OF THE DOCUMENTS BUT WE’RE VERY CLOSE. THE TEAM HAS BEEN VERY GOOD TO WORK WITH AND THINGS HAVE MOVED VERY SMOOTHLY I THINK GIVEN HOW THINGS COULD HAVE GONE. SO I’LL GIVE YOU A QUICK SUMMARY OF THE DEVELOPMENT AGREEMENT. THIS WOULD BE BETWEEN THE SPORTS AUTHORITY AND STADIUM CO. THE SUBSIDIARY OF INGRAM OVER THIS OPERATION AND OPERATING THE SPORTS AUTHORITY IS RESPONSIBLE FOR THE CONSTRUCTION OF THE STADIUM. HOWEVER THE AGREEMENT CONTEMPLATES A COOPERATIVE MUTUAL ENDEAVOR BETWEEN THE SPORTS AUTHORITY AND THE TEAMS REPRESENTATIVE THAT WILL BE ICON GROUP SO THERE’S A LOT OF GOOD FAITH LANGUAGE IN THE AGREEMENT ABOUT WORKING TOGETHER SINCE THEY’RE OBVIOUSLY THE PRIMARY TENANT AND USER OF THE FACILITY AND NEED 20 BE INVOLVED AS WE LOOK THROUGH THE CONSTRUCTION PROCESS. THERE WILL BE A DEVELOPMENT COMMITTEE MADE UP OF TWO SPORTS AUTHORITY REPRESENTATIVES AND STADIUM REPRESENTATIVES WORKING THROUGH THE DESIGN, DEVELOPMENT AND CONSTRUCTION PHASES OF THE PROJECT. COMMENCEMENT OF CONSTRUCTION IS TO TAKE PLACE BY JUNE 30TH OF 2019. THE DEMOLITION OF ALL THE EXISTING FACILITIES WOULD HAVE TO TAKE PLACE BEFORE THAT DATE. IT WOULD HAVE TO BE DELIVERED IN I THINK WHAT’S CALLED SITE PAD RATE CONDITION FOR CONSTRUCTION. THE FINAL PLANS WILL NEED TO BE APPROVED BY MLS ONCE WE GET THE FINAL DESIGN DONE. THE STADIUM WILL BE BETWEEN 25,000 AND 34 THOUSAND SEATS. THE SPORTS AUTHORITY IN CONSULTATION WITH STADIUM CO. THEY WILL DIRECT THE CONSTRUCTION MANAGER AS WE MOVE THROUGH THE PROCESS. THE STADIUM IS SET FOR OCCUPANCY BY FEBRUARY FIRST, 2021. I THINK THAT’S THE TARGET DATE FOR BEING MOVE IN READY. IF YOU WILL REMEMBER FROM THE RESOLUTION THAT YOU APPROVED BACK IN OCTOBER, STADIUM CO. WILL COVER 25,000,000 DOLLARS A PORTION OF 25,000,000 DOLLARS OF THE DESIGN DEVELOPMENT IN CONSTRUCTION COSTS AND RESPONSIBLE FOR ANY COST OVER RUNS ASSOCIATED WITH THE STADIUM SO ANYTHING THAT GOES ABOVE THAT AMOUNT ISSUED YOU KNOW THAT THE DEBT ISSUED AND THE CONTRIBUTION WILL BE THE TEAM’S RESPONSIBILITY. WE’VE ALSO BEEN NEGOTIATING THE TEAM LEASE AGREEMENT THAT’S IN OPERATING LEASE AGREEMENT SIMILAR TO WHAT YOU HAVE WITH THE PREDATORS AND THE TITANS AND THE SOUNDS. THE TEAM WILL PAY RENT IN THE AMOUNT OF THE BOND DEBT EXPENSE PER YEAR SO WHATEVER IT IS THAT YEAR THAT IS WHAT WE PAID WITH TICKET TAXES COLLECTED AT THE FACILITY SO THEY’LL ESSENTIALLY GET A CREDIT FOR HOWEVER YOU WANT TO THINK ABOUT IT. FOR YEARS 1-5 OF THE STADIUM OPERATION METRO IS GUARANTEEING THAT THOSE TAX REVENUES WILL NOT BE LESS THAN FOUR MILLION DOLLARS SO IF THERE’S A SHORTAGE BETWEEN ACTUAL COLLECTIONS AND FOUR MILLION DOLLARS METRO WOULD MAKE UP THE DIFFERENCE OUT OF METRO REVENUES AND THEN FOR THE NEXT FIVE YEARS THAT WILL DROP TO 3 MILLION A YEAR GUARANTEED AND AFTER THAT THERE’S NO GUARANTEE. THE PAYMENTS WILL BE MADE IN INSTALLMENTS COINCIDEING WITH THE BOND PAYMENT DATES SO THE MONEY WILL BE TRANSFERRED FROM THEM IN TIME TO PAY THE DEBT REQUIREMENTS. THE TEAM WILL BE RESPONSIBLE FOR ALL OPERATING AND MAINTENANCE EXPENSES OF THE STADIUM. METRO WILL BE RESPONSIBLE FOR CAPITAL EXPENSES AND LIKE I SAID A PORTION OF THE TICKET TAX WILL BE SET ASIDE TO COVER CAPITAL EXPENSES OF THE TEAM WILL BE REQUIRED EVERY OTHER YEAR TO PREPARE A CAPITAL ASSET MANAGEMENT PLAN TO BE SUBMITTED TO THE AUTHORITY THAT WILL LIST WHAT THOSE CAPITAL REQUIREMENTS ARE AND THERE’S LANGUAGE BUILT INTO THE AGREEMENT THAT WILL PROVIDE FOR KIND OF AN OUTSIDE PARTY TO WORK WITH THE TEAM TO PREPARE THAT. THE TEAM WILL BE RESPONSIBLE FOR ALL UTILITIES AND THEY’RE REQUIRED TO MAINTAIN OPERATION HERE IN NASHVILLE. THEY WILL BE ENTITLED TO ALL REVENUES ASSOCIATED WITH THE STADIUM WHICH IS CONCESSIONS AND NAMING RIGHTS AND ADVERTISING AND PARKING FOR STADIUM EVENTS THAT WILL NOT INCLUDE PARKING FOR FAIRGROUNDS EVENTS JUST FOR STADIUM EVENTS. THEY ARE, THE TEAM WILL BE REQUIRED IN THE AGREEMENT TO COORDINATE SCHEDULEING WITH THE EXECUTIVE DIRECTOR OF THE FAIR BOARD TO MAKE SURE THE FAIRGROUNDS AND THE SOCCER EVENTS COINCIDE AND THERE’S PLENTY OF ADVANCE NOTICE BUILT IN FOR THAT METRO WILL BE ENTITLED TO 20 RENT FREE DAYS FOR METRO EVENTS. THAT’S THE VERY BROAD OF WHAT THAT COULD BE USED FOR BUT THAT IS 20 DAYS THAT WE’LL HAVE RENT FREE METRO WOULD BE RESPONSIBLE FOR COVERING THE OPERATING EXPENSES ASSOCIATED WITH THOSE EVENTS BUT OBVIOUSLY IT IS RENT FREE AND THEN THE AGREEMENTS WILL INCLUDE STANDARD INSURANCE AND OUR REGULAR BOILERPLATE ST STUFF. ONE THING THAT I HAD NOT SEEN BEFORE THAT’S PUT IN THE AGREEMENT IS SOME MLS REQUIREMENTS THAT HAVE TO BE IN THE LEASE. NAMELY MAKING THEM A THIRD PARTY BENEFICIARY AND GIVING THEM THE RIGHT TO STEP IN, IN THE EVENT OF DEFAULT. THESE ARE THINGS THAT MLS REQUIRES TO BE IN, IN LEASE AGREEMENTS. THE PLAN IS FOR ALL OF THESE TO BE READY FOR BOARD CONSIDERATION AND APPROVAL IN JUNE OR JULY AND WE’RE ACTIVELY WORK TOGETHER GET THE DOCUMENTS FULLY NEGOTIATED AND ONCE WE DO WE’LL GET THEM TO YOU SO YOU HAVE PLENTY OF OPPORTUNITY FOR REVIEW. I’LL BE HAPPY TO TAKE ANY QUESTIONS.>>I GOT A QUESTION. JOHN? WHAT’S THE ACTION THAT HAS TO BE TAKEN BY THE COUNCIL? WHEN IS THAT SCHEDULED?>>NOTHING IS SCHEDULED YET. IT’LL BE AROUND THE SAME TIME I THINK BUT THE COUNCIL WILL HAVE TO APPROVE THE DEMOLITION OF THE EXISTING FAIRGROUNDS FACILITIES PROGRAMS. WE ARE ANTICIPATING ALL OF THIS BEING DONE AT ONE TIME SO SEPARATE LEGISLATION BUT ALL IN ONE PACKAGE SO ORDINANCE APPROVING THE DEMOLITION AND THE TICKET TAX THEN THERE WOULD BE AN ORDINANCE APPROVING THE LEASE AGREEMENT BETWEEN THE FAIR BOARD AND A PRIVATE DEVELOPER FOR THE PRIVATE DEVELOPMENT PORTION. SO THAT’S THE COUNCIL ACTION. THEY DON’T HAVE TO TAKE FURTHER ACTION REGARDING DEBT ISSUING THAT’S LEFT TO THE SPORTS AUTHORITY BUT THOSE ARE REQUIRED THINGS THE COUNCIL HAS TO ADD ADDRESS.>>I JUST WONDERING ABOUT THE DEFINITION OF CAPITAL EXPENDITURES THAT METRO IS OBLIGATED TO PAYS. THAT IN CONJUNCTION LIKE NORMAL LIKE THE IRS?>>YES.>>NOTHING DIFFERENT?>>NO.>>OKAY.>>I HAVE A QUESTION. AS I UNDERSTAND IT THERE’S THE ANTICIPATED ANNUAL DEBT ON THE BONDS OF APPROXIMATELY 13 MILLION IS THAT RIGHT?>>I DO NOT KNOW.>>WELL THE QUESTION I HAVE IS ABOUT THE GUARANTEES. THE FORM OF THE GUARANTEES. AND I MAY BE WRONG BUT I’M UNDER THE IMPRESSION THAT 9 MILLION OF THE ANNUAL DEBT SERVICE.>>WHATEVER THE DIFFERENCE IS, RIGHT?>>IS GUARANTEED BY STADIUM CODE AND JOHN INGRAM IS THE PRINCIPLE OWNER OF THE STADIUM? WHAT FORM IS THE GUARANTEE?>>THE GUARANTEE INCORPORATED IN THE OPERATING LEASE RIGHT NOW IS A TEAM GUARANTEE. SO THE TEAM IS GUARANTEEING THAT STRONG GUARANTEE BUT THERE IS NO PERSONAL GUARANTEE UNLESS JOHN INGRAM IS NO LONGER THE MAJORITY OWNER. THAT WAS A CONDITION OF THE COUNCIL AND THE COUNCIL RESOLUTION SO THE LANGUAGE IN THE AGREEMENT IS CONSISTENT WITH THE AMENDED LANGUAGE THAT THE COUNCIL PUT IN THE RESOLUTION.>>SO IF HE’S NO LONGER AN OWNER OF PRINCIPAL STAYED EUDIUM CO. WHAT HAPPENS?>>I THINK THERE’S OTHER LANGUAGE SURROUNDING BUT WE DON’T HAVE PERSONAL GUARANTEES DRAFTED YET BECAUSE THEY ARE NOT NECESSARY, BUT WHEN THEY DO BECOME NECESSARY THE AGREEMENT PROVIDES.>>IS THERE DISCUSSION ABOUT THE AMOUNT OF GUARANTEE IF HE’S NO LONGER FOR THE FULL AMOUNT?>>RIGHT. FULL AMOUNT.>>PERSONAL GUARANTEE?>>RIGHT.>>IS THERE ANY ADDITIONAL QUESTIONS FOR MR. COOPER?>>I JUST WANT TO SAY THAT WAS REALLY HELPFUL. THANK YOU SO MUCH FOR GOING THROUGH ALL OF THAT.>>SURE. THANKS FOR HAVING ME.>>THANK YOU JOHN.>>SO I THINK THAT BRINGS US BACK TO OUR PART ON THE AGENDA AS IT RELATES TO THIS CONSIDERATION OF A RESOLUTION FOR THE INTENT TO A WARD LETTER THAT WE DID RECEIVE THIS MORNING FOR THE ARCHITECT AND DESIGN AND MO MONICA, TALKING WITH YOU, YOU’VE BEEN VERY CLOSE TO THE PROCESS THAT’S GONE THROUGH THE PROPER CHANNELS AND – >>YEAH WE HAVE GONE THROUGH THE PROCESS AND IT’S A MULTI STEP PROCESS AND WE’RE STILL WORKING THROUGH THE PROCESS BUT THE NEXT PIECE IS TO GET BOARD APPROVAL ON THE INTENT TO A WARD WHICH IS A THING THAT WOULD ALLOW US TO ENTER INTO CONTRACT NEGOTIATIONS AND TEN DAYS FROM NOW AND THEN THAT WILL, THEN A CONTRACT WILL COME BACK TO THE AUTHORITY FOR APPR APPROVAL.>>I UNDERSTAND. AT THIS TIME I THINK THERE’S A MOTION TO APPROVE THE RESOLUTION AWARD FOR POPULUS. IF YOU WOULD ENTERTAIN THAT AT THIS TIME.>>MOVE APPROVAL.>>MOTION. IS THERE A SECOND.>>MOTION AND PROPERLY SECONDED. ALL IN FAVOR?>>MY UNDERSTANDING IS BECAUSE WE JUST GOT THIS, THIS MORNING IS THAT WE ARE JUST A STEP IN THIS PROCESS OF AWARDING A LETTER TO THE ACKNOWLEDGEMENT THAT THERE WILL BE AN AWARD TO THIS PARTICULAR COMPANY AND THIS COMPANY, THIS FIRM HAS SIX MLS PROJECTS IS THAT RIGHT? HAVEN’T HEARD A LOT ABOUT WHO THIS FIRM IS AND SO AND THEN I THINK WE’VE BEEN GIVEN A RATING SHEET TOO AND THAT’S HELPFUL. BUT WE WILL SEE THIS CONTRAT AT A LATER DATE SO THIS IS JUST A STEP TO MOVE THIS FORWARD SO THE PUBLIC WILL HAVE NOTICE OF THE CONTRACT.>>SO WE CAN INTERN TO CONTRACT NEGOTIATIONS. THIS IS JUST THE NEXT STEP IN THAT PROCESS. I WANT TO MAKE SURE.>>THIS MAY NOT BE ANSWERABLE TODAY OR BY ANYONE HERE BUT THE RFQ. I HAVE NOT SEEN THIS BEFORE SO IT’S HELPFUL. NICE TO LOOK THROUGH THE SCORES AND HOW ALL THAT TOOK PLACE. I SEE AS A WEAKNESS. THEY’VE LISTED COMMUNITY ENGAGEMENT AND FAIL TO DEMONSTRATE THE FAIRGROUNDS NEIGHBORHOOD IMPACT AND I THINK WE SEE HOW IMPORTANT AND VITAL THAT IS SO WHEN PEOPLE ARE AWARDED A CONTRACT DO THEY GET TO TALK ABOUT THESE TYPES OF THINGS AND SAY WE’RE SO EXCITED TO WORK WITH YOU BUT YOU BETTER IMPROVE THIS AND THIS AND THIS. WE SAW THISS A S A AS, WEAKNESS.>>WE SAT DOWN TO MAKE SURE WE’RE ON THE SAME PAGE.>>IT WAS NICE TO READ THROUGH EVEN THOUGH WE JUST STARTED READING IT.>>YES.>>HOT OFF THE PRESS.>>SO WE HAVE A MOTION AND SECOND. ANY FURTHER DISCUSSION? SEEING NONE. ALL IN FAVOR TO APPROVE THE RESOLUTION SAY AYE. ANY OPPOSED. EYES HAVE IT AND MOTION CARRIES. AND AT THIS TIME WE WILL GO TO OUR FINANCE COMMITTEE CHAIR FOR HER FINANCE COMMITTEE REPORT. SO WE HAD A FINANCE COMMITTEE MEETING BEFORE THIS ONE AND APPRECIATE ALL THE BOARD MEMBERS BEING THERE. THOSE THAT WERE IN ATTENDANCE AND WE DID NOT HAVE TO APPROVE ANYTHING TODAY IN OUR MEETING WE JUST HAD A GREAT PRESENTATION WE FIRST TALKED ABOUT FEAT SEAT USE FEE AND THEIR AUDITORS FROM EARN ST STEN AND YOUNG. THEY’RE A GREAT INCLUSIVE AND THEY AUDIT THE FEE THAT WE GET THE TICKET TAX AND WHAT THE TITANS DON’T HAVE TO DO THAT BUT THEY DO THAT OUT OF GOOD FAITH AND THERE’S NO DISCREPANCIES AND THEN THE OTHER BIG PART OF THE MEETING WAS SHANE BROUGHT CAPITAL PROJECTS UPDATES. THINGS THEY WANT TO WORK ON FROM JUNE 2018 TO MARCH 2019. WE WERE ABLE TO LOOK AT A LIST OF CAPITAL PROJECTS. MOST OF THEM WERE ON THE FACILITIES ASSESSMENT. A FEW WERE NOT. MOST OF THEM ALMOST HALF OF THEM HAD GOTTEN ESTIMATE COSTS FOR US AND THAT CAME TO 1.1 MILLION AND STILL THERE’S SOME WITHOUT ESTIMATES SO THAT’S PROBABLY WELL MORE THAN 1.1 MILLION. WE WERE THE BOARD IS NOT REQUIRED TO APPROVE ANYTHING IT WAS TRANSPARENT AND ITEMS FOR US TO LOOK LIKE AND THE THOSE VETTED. ASK FOLLOW-UP QUESTIONS AND MAYBE PEOPLE THERE THAT DIDN’T HAVE QUESTIONS FOR THE TITANS. SO WE DON’T NEED TO APPROVE ANYTHING AND I THINK THAT CONCLUDES MY REPORT.>>THANK YOU LISA FOR THAT REPORT. ARE THERE ANY QUESTIONS? >>OKAY. MOVING ALONG. WE ALSO THIS MORNING MET AND HAD A PERSONNEL COMMITTEE PRIOR TO THIS MEETING AT 10:15. THE PERSONNEL COMMITTEE MADE UP OF THE OFFICERS OF THIS BODY AND ADDI OTHERS. MONICA ALONG WITH NINE OTHER NASHVILLE LEADERS HAS BEEN SELECTED TO ATTEND THE YOUNG AMERICAN LEADERS PROGRAM AT HARVARD UNIVERSITY FROM JUNE 11TH TO 14. 12 CITIES FROM ACROSS THE COUNTRY HAVE BEEN INVITED TO PARTICIPATE THE PROGRAM IS ON U.S. COMPETITIVENESS AND STUDIES AND COLLABORATION AS A WAY OF ACHIEVING SHARED PROSPERITY. THAT’S THE PERSONNEL COMMITTEE VOTED AND RECOMMEND AND APPROVAL TO FOR THE AUTHORITY TO SET THE SELECTION PROCESS AND ENDORSES THE BENEFITS AND TRAINER FOR AUTHORITY IN CITY IN TOTAL COST OUT OF POCKET IS ESTIMATED ABOUT $850 AND THE DEPARTMENT BUDGET CAN ABSORB THIS EXPENSE. THERE ARE NO OTHER QUESTIONS AT THIS TIME. WE WILL CONSIDER THE PERSONNEL COMMITTEE RECOMMENDATION FOR APPROVAL. ANY DISCUSSION?>>SECOND.>>OKAY WE HAVE A MOTION AND A SECOND TO APPROVE THE EXPENSE AND ALL IN FAVOR, SAY AYE? ANY OPPOSED? CONGRATULATIONS MONICA. [APPLAUSE]>>WE’RE PROUD OF YOUR SELECTION AND KNOW YOU WILL REPRESENT US ALL WELL SO LOOKING FORWARD TO HEARING BACK ON THAT TRIP. NEXT STEP, WE ARE TO FACILITY QUESTIONS. THIS IS THE PART IN OUR AGENDA WHERE WE TALK ABOUT OUR OTHER FACILITY PARTNERS IF THERE ARE ANY QUESTIONS FOR I THINK TODAY WE’RE GOING TO DIVE INTO BRIDGE TOWN IF THERE’S QUESTIONS RELATING TO THE OPERATIONS AT NISSAN STADIUM OR FIRST TENNESSEE BALLPARK. THIS IS THE TIME WHEN WE WOULD DISCUSS THAT AND I WOULD LIKE TO NOTE THAT I HAD A GREAT TIME-OUT AT THE BALLPARK ON SUNDAY AND WAS PLEASED TO FINALLY GET TO SEE AN MLS OR THE NATIONAL F C TEAM PLAY THERE AND IT WAS REALLY NEAT TO SEE HOW THE TEAM IS WORK TOGETHER ACCOMMODATE THE SOCCER TEAM SO IT WAS A FANTASTIC EXPERIENCE SO I HOPE YOU’RE ABLE TO CHECK OUT A GAME AND BASEBALL IS PLAYING STRONG AND I THINK CERTAINLY ENCOURAGE EVERYONE TO PARTICIPATE IF THEY HAVE NOT YET. I BELIEVE ALSO AT THIS TIME IF THERE’S ANYTHING OR ANY OTHER COMMENTS ON FIRST TENNESSEE PARK BUT MR. UNDER WOOD IS HERE WITH US TO JUST TOUCH BASE ON A LETTER THAT WAS SUBMITTED A COUPLE OF MONTHS AGO FOR JUST A DISCUSSION ITEM AND TO PUT ON THE BOARD’S RADAR. CONSIDERATION OF PLANNING FOR MAJOR LEAGUE SOCCER AND HOW THAT WILL IMPACT USING NISSAN STADIUM IN THE FUTURE. MR. UNDER WOOD THANKS FOR JOINING US.>>THIS PAST NOVEMBER OUR ORGANIZATION OUR STADIUM COMPANY APPROACHED BY PRESCHOOLS AND SOCCER FRANCHISE AND TO SEE IF THEY CAN PLAY IN OUR BUILDING. WHICH WE WOULD BE THRILLED TO ACCOMMODATE. WE ARE ALREADY RECEIVING SOME REQUESTS FOR OTHER EVENTS IN 2020 AND WILL HAVE OUR BUSIEST YEAR IN HISTORY BUILDING THIS YEAR AND NEXT YEAR WILL HAVE A NEW RECORD NUMBER OF EVENTS IN OUR BUILDING. WE BELIEVE THE SAME THING FOR 2020 EXCLUSIVE OF THE MAJOR LEAGUE SOCCER. MAJOR LEAGUE SOCCER PLAYS CURRENTLY A 34 GAME SCHEDULE AND THAT MEANS THERE’S 17 HOME GAMES IN OUR BUILDING. ASSUMING WE CAN ACCOMMODATE THEM ALL IN MY LETTER I MADE CLEAR THAT THERE WOULD BE SOME SCHEDULING CONFLICTS WE WOULD HAVE TO WORK THROUGH AND ONE OF THOSE OF COURSE WOULD BE THE MUSIC FESTIVAL THAT OCCUPIES OUR BUILDING FOR NEARLY THREE WEEKS IN THEIR LOAD IN. SO THAT WOULD BE A LITTLE BIT OF A HURT FOR US TO GO OVER. AS YOU KNOW THE MUSIC FESTIVAL IS CONDITIONED AS IF CIVIC IN TERMS OF OUR JUDGEMENT IT DOES NOT QUALIFY TO BE A SPECIFIC EVENT BUT WE TREAT IT THAT WAY AS PART OF THE COMPROMISE WITH METROPOLITAN GOVERNMENT FROM 17 OR 18 YEARS AGO. WE’RE WILLING TO WORK WITH THEM BUT IF WE HOST THEIR GAMES AND OUR HOME GAMES WE’RE NEAR THE LIMIT OF EXCLUSIVE DATES UNDER THE LEASE WHICH IS 30. WE WILL HAVE MORE THAN 30 EVENTS IN BUILDING IN 2020. SHOULD WE HOST THE MAJOR LEAGUE SOCCER GAMES AND I DON’T THINK IT’S NECESSARY FOR ANYTHING TO HAPPEN OTHER THAN FOR US TO RE-EMPHASIZE WHAT’S IN MY LETTER TO DECEMBER 26TH OF LAST YEAR AND MY LETTER TO COMMISSIONER GARVER OF LAST YEAR THAT WE MADE THE COMMITMENT AS FAR AS THEIR FINAL PUSH TO OBTAIN THE FRANCHISE BUT WE WOULD LIKE IT ON YOUR RADAR BECAUSE IT WILL BECOME A CHALLENGE UNDER THE LEASE AS WE BEGIN TO SCHEDULE EVENTS FOR 2020. SO IF THERE’S NO OTHER QUESTIONS THAT’S REALLY ALL I WANTED TO ACCOMPLISH THIS MORNING WAS TO EMPHASIZE THE IMPORTANCE OF THIS TO US THE RESTRICTION THAT IS CONTAINED IN THE STADIUM LEASE AND JUST SORT OF MAKE YOU AWARE OF WHAT WE NEED TO THINK ABOUT AS WE MOVE FORWARD. WHAT MY LETTER SUGGESTS IS A LETTER FOR MAJOR LEAGUE SOCCER DATES. CERTAINLY WE WOULD NEED TO MAKE SURE THERE’S NO CONFLICTS.>>WOULD YOU, I’M STILL A LITTLE CONFUSED. WHAT IS THE 30 RESERVE DATE LIMITATION? DEFINED IN THE LETTER.>>I KNOW ALMOST NOTHING. PUBLIC BONDING IS NEAR THE TOP OF THE LIST BUT MY RECOLLECTION FROM NEGOTIATIONS WAS THE LIMITATIONS FOR PRIVATE USE AND WITH PROBABLY HELP WITH SOME OF THAT. AND BUT I DON’T THINK THAT IT WOULD NECESSARILY CREATE IT WITH BONDS BUT THE GENERAL VICINITY OF WHERE THAT LIMITATION ROSE FROM AND IT WAS ALSO BUILT THE STADIUM IS MULTI USES SO WE WILL HOST. I MENTIONED ONE OF THE MORE RECENT. WE WILL HOST ANOTHER 300 GATH GATHERINGS IN OUR STADIUM. 20 OR SO VERY LARGE EVENTS WE’LL HOST IN THE OLD STADIUM. SO THERE’S A BOLT GOING ON BUT THE EXCLUSIVE IS WITH THOSE THAT WOULD INTERFERE WITH OTHER USES THAT COULD BE MADE OF THE STADIUM ON THAT DAY. IT’S EXCLUSIVE TO OUR EVENT ON THAT DAY AS APPOSED TO THE OTHER THINGS THAT COULD BE GOING ON IN PARKING LOTS OR CLUBS. SORT OF A SHUT OUT OF OTHER EVENTS ON THE 30 EXCLUSIVE THE MAXIMUM 30 EXCLUSIVE DATES.>>SO IF I UNDERSTAND WHAT YOU’RE SAYING TITANS HAVE UP TO 30 DAYS RESERVED FOR THEM AND THEIR USES AND YOU’RE SAYING YOU JUST WANT CLARIFICATION THE 17 DATES THAT WILL BE USED FOR THE SOCCER STADIUM DON’T COUNT AGAINST THE 30?>>YES. OR PUT ANOTHER WAY WE DON’T WANT OUR WILLINGNESS TO ASSIST A FRIENDLY COMPETITOR TO KEEP US FROM HOSTING OTHER EVENTS IN THE BUILDING. I’D RATHER JUST GET IT OUT THERE. WE DON’T WANT TO ATTEMPT TO BE GENERALIST AND DISABLE OUR ABILITY TO HOST OTHER EVENTS THAT WE’LL MOST SURELY HAVE. AT THE SAME TIME WE DON’T WANT TO PUT METRO BONDS AT RISK. IT’S A ONE TIME ASK. IT IS SOMETHING THAT’S IMPORTANT TO US BECAUSE OUR EVENTS BUSINESS IS CRITICAL TO OUR SUCCESS AS A STADIUM.>>I JUST WANT TO SAY THAT I REMEMBER WHEN THE ANNOUNCEMENT OF MLS TEAM WAS MADE HOW MUCH THEY EMPHASIZED THE COMMISSION ER AND EVEN WAS SO RECEPTIVE SO I JUST PERSONALLY WANT TO THANK YOU FOR STEPPING UP AND DOING THAT. I THINK IT’S IMPORTANT TO EMPHASIZE THE COOPERATION OF THAT.>>THERE’S A LOT THAT HELP US AND WE REGARD HAVING A MAJOR LEAGUE SOCCER FRANCHISE AS A POSITIVE. NOT A NEGATIVE. IT’S SOMETHING THAT’S GOOD FOR ALL NATIONAL HAVING ANOTHER FACILITY WILL BE GOOD FOR NATIONAL. YOU SEE THE INTERACTION OF ALL THE OF SUPPORTERS IN WHAT WE HOPE WILL BE A FAVORABLE ANNOUNCEMENT AS HOSTING WHAT WE THINK IS THE LARGEST EVENT EVER. THE 2019 DRAFT?>>WE CAN MAJOR LEAGUE SOCCER FACILITY.>>ON THE RADAR AND IT’S TRUE NOT JUST FOR THE NFL DRAFT BUT SCORES OF OTHER TEAMS COME TO MIND IT’S AN ENTERTAINMENT AND DESTINATION MECCA HERE AND EVERYTHING THAT WE CAN DO TO HELP FOSTER THAT WORKS. BUT THANK YOU FOR SAYING SO. IF THERE ARE NO OTHER QUESTIONS ABOUT MY PRESENTATION I WOULD LIKE TO TAKE THE OPPORTUNITY TO THANK ALL OF YOU FOR YOURSELF AND YOUR DEDICATION AND DEVOTING YOURSELVES TO SERVICE. THANK YOU FOR OUR OWNERS AND FOR OUR ORGANIZATION.>>I THINK IT’S A NICE CONVERSATION TALKING ABOUT ALL THE EVENTS AT MASON STADIUM. THANKS FOR BRINGING THAT ITEM TO OUR ATTENTION AND WE APPRECIATE ALL HAVING MLS HERE SO THANK YOU VERY MUCH AND I THINK THAT BRINGS US ON TO OUR BRIDGESTONE ARENA REPORT. SHAUN HENRY IS HERE TODAY AND WILL START OFF THE PRESENTATION.>>GOOD MORNING. I SHOULD BE IN LAS VEGAS CELEBRATING. ALL THE E-MAILS YOU SENT ME LAST THURSDAY I WAS ASKED TO KICK-OFF AND TALK ABOUT THE PAST YEAR. WE’RE ABOUT SIX WEEKS AWAY FROM THE END OF THE FISCAL YEAR AND UPON GREAT REFLECTION AFTER BEING SORE ABOUT STILL PLAYING WE HAVE A CHANCE TO CELEBRATE A GREAT YEAR ON ALL FRONTS. BUT BEFORE I DO THAT THERE’S A LOT OF PEOPLE TO THANK FOR CREATING WHERE WE ARE TODAY AND WHAT WE’VE ACCOMPLISHED OVER THE PAST TEN YEARS AND THERE’S TWO INDIVIDUALS THAT REALLY CONTRIBUTE TO OUR SUCCESS AS MUCH AS ALMOST ANYONE ELSE AND UNFORTUNATELY BOTH PASSED AWAY THIS WEEK. FORMER COMMISSIONER SLIDE AND PASSED AWAY RECENTLY AND WHAT HE DID FOR OUR CITY HIS COMMITMENT TO THE MUSIC CITY BOWL AND US IN THIS BUILDING WHEN I FIRST MET MIKE IN NASHVILLE, MET HIM IN TAMPA BEFORE THAT HE ASKED US TO BID ON A TOURNAMENT COMING UP AND WE SAID WE WANT TO BID ON 30 OR 40 AND HE SAID IF YOU DON’T KNOW I’M A GRACIOUS MAN AND I SAID WE’RE SERIOUS. NO YOU’RE GOING TO BUILD ON MULTIPLE YEARS AND OVER IN THE COURSE OF THREE OR FOUR DAYS AND PUT A LOT IN THE CONFIDENCE WE HAD THAT YOU GUYS GAVE US IN THE PRESENCE OF THE SPORTS AUTHORITY FOR METRO AND HE DID SOMETHING THAT HE DIDN’T PLAN DOING THAT’S WHAT MADE HIM SO SPECIAL. HE CHANGES PLANS AND GAVE US 12 STRAIGHT SEC CHAMPIONSHIPS AND THAT GAVE US AND OUR ORGANIZATION SO MUCH CREDIBILITY. HE WAS A GREAT MAN AND DID A LOT FOR US AND A LOT FOR THE BOARD AND THE CITY. WANT TO THANK HIM AND THEN A GENTLEMEN MR. GLOVER AN EMPLOYEE FOR US. BEEN THERE ABOUT 16 YEARS. MAY NOT KNOW HIS NAME BUT IF YOU’RE EVER IN OUR BUILDING YOU KNOW HIS LAUGH AND PERSONALITY AND PHYSICALLY AND EMOTIONALLY AND HE PASSED AWAY IN A CAR ACCIDENT ON MONDAY. CONTAGIOUS PERSONALITY AND ON HIS BACK WE LITERALLY BUILT EVENTS.PHE WAS AN INCREDIBLE GU. THANK YOU TO BOTH OF THEM. IT’S HARD TO CELEBRATE BOTH OF THEM WITHOUT RECOGNIZING TWO PEOPLE IN DIFFERENT WAYS.>>IF ANYTHING REPRESENTS HOW WE FEEL ABOUT THIS SEASON BETTER THAN THIS AWFUL BOOK WE GAVE YOU TODAY IT’S ACE AWFUL BOOK WE GAVE YOU TODAY? I WAS GOING TO BE IN VEGAS AND TELL US HOW IT WENT. THIS WAS FOR YOU TO KEEP THE JOURNAL? AND I DEAL WITH STANLEY CUP AND PARADE AND BEYOND BUT TODAY IT’S NOTHING MORE THAN A REMINDER THAT THESE THINGS ARRIVE FRIDAY MORNING. SO FRIDAY MORNING WE ALL HAD A HANGOVER LITERALLY FIGURATIVELY ABOUT THE SEASON THAT REALLY WAS A WONDERFUL YEAR AND I REALIZE GENIEVE WAS KIND TELLING ME WHAT A GREAT YEAR IT WAS. MY WIFE WAS THE SAME TO ALL OF US AND EACH OTHER AND IT WAS A GREAT YEAR. THANK YOU TO MY MOM BECAUSE YOU REMIND ME HOW AWFUL IT WAS BECAUSE I’M NOT STILL PLAYING AND THE FURTHER THING WE GET WE’LL RECOGNIZE IT BUT I DO WANT TO PULL MIKE’S SLIDE OUT A LITTLE BIT AND THERE’S A LOT TO TALK ABOUT AND CELEBRATE. SO I WANT TO SAY THANK YOU AND I TALK ABOUT THIS IS A LOT AND WHEN I GOT HERE 8 YEARS AGO WE DID NOT HAVE A VERY GOOD RELATIONSHIP PUT MILDLY EVERYTHING WE EARN 7 OR 8 YEARS YOU WORK SO HARD TO GIVE US CREDIBILITY TO ALLOW US TO MOVE FORWARD AND BECOME THE FRANCHISE WE ARE TODAY? ANYTHING IS A BETTER REFLECTION OF THAT? MY SHORTHAND. EVERYONE OF THESE ACCOMPLISHMENTS THERE’S NO DOUBT ABOUT IT. ALL THE BUSINESS SUCCESSES WE’VE HAD SOLD OUT OVER 100 STRAIGHT GAMES AND WAIT LIST IS EXPLODING IN THOSE THAT WANT TO BUY SEASON TICKETS BUT THERE’S OTHER NICE AWARDS WE GOT FOR THE FIRST TIME EVER WON THE PRESIDENT’S TROPHY THAT THERE’S NO CURSE WITH PRESIDENT TROPHIES AND I REALIZE THE PAST SIX WINNERS GOT ELIMINATED FOR THE PLAYOFFS BUT WE LOWERED. HAVING A GREAT REGULAR SEASON PUTS YOU IN A GOOD POSITION BUT YOU PLAY FOR A REASON AND YOU NEVER KNOW HOW IT’S GOING TO WIN BUT WE WON OUR FIRST EVER WESTERN CONFERENCE REGULAR SEASON CHANGE AND DIVISION CHANGE AND THOSE THINGS ALL ABSOLUTELY TREMENDOUS. SPORTS FRANCHISE. NAMED SO MANY OUTLETS I GET CONFUSED WITH THE ACRONYMS AND C MA TO TALENT BUYERS TO PROMOTE ER TOURS THERE’S 17 OUTLETS THAT MADE US AN ARENA OF THE YEAR FOR 12 STRAIGHT BY ONE OF THESE AND FIRST TIME EVER BY EVERYONE THAT GRANTS THAT AWARD. IT’S PRETTY GOOD WHEN YOU THINK OF OUR ULTIMATE GOAL WHEN OUR GOAL IS TO BE THE NUMBER 1 VENUE AND WE ACCOMPLISHED HALF OF THAT AND SOMEONE SAID WHY WILL YOU SET THAT GOAL YOU’LL FAIL ALMOST EVERY YEAR. AND I SAID BY HAVING THAT AS OUR GOAL EVEN IF WE FALL SHORT WE ACHIEVE SOMETHING MUCH GREATER THAN WE THOUGHT WE COULD. A LOT OF EXECUTIVES WERE HONORED THIS YEAR. DAVE KELLS WAS EXECUTIVE OF THE YEAR AND THINK BUY IS MS TOO? I’LL SAY SURE. DAVID PULL WON EXECUTIVE OF THE YEAR AND A NOW HOLDS THE ALL-TIME WINS RECORD FOR GMS IN THE HUNDRED YEAR HISTORY OF NHL WHICH IS INCREDIBLE WHEN YOU THINK OF ALL THE GREAT PEOPLE IN THAT POSITION AND DAVID NOW SITS ON TOP OF EVERYBODY. MORE SO THAN ANYTHING ELSE SHORT OF THE ULTIMATE THING WE HOPE TO WIN SUNDAY IS THE WORK PLACE OF THE YEAR AWARD THAT’S SOMETHING WE TAKE GREAT PRIDE IN. NOMINATED 12 TIMES AND THAT’S A SPECIAL THING BECAUSE THAT SHOWS WHAT WE ARE AS AN ORGANIZATION AND SHOWS WHY WE CAN ACCOMPLISH SOME OF THE THINGS ABOUT THERE. SPIRIT OF THE CHAMBER AWARD AND REBECCA AND RIGHT? FOR ABOUT 6 YEARS FOR REBECCA KING WON METRO P.D.S SPIRIT AWARD OR DEVELOPING BLUE LINE BUDDIES, PK STANDS BEHIND BRINGING POLICE OFFICERS AND FAMILIES WITH SOME AREAS THAT MIGHT NOT HAVE THE BEST RELATIONSHIP WITH POLICE OFFICERS COME OUT AND WATCH THE TEAM AND BUILD LASTING BONDS AND THE SOMETHING OUR LEAGUE AND A FEW OTHER LEAGUES ARE SPONSORING AND THAT’S SOMETHING PK HAS VISITED WITH THE COMMISSIONERS OF THREE OF OUR MAJOR FOUR SPORTS LEAGUES AND I SEE THAT COPIED BY 122 TEAMS ACROSS ALL SPORTS AND THEN WE HAVE A FEW MORE AWARDS TO COME WE HOPE. KNOCK ON WHAT COULD BE WOOD. YOU HEARD ABOUT OUR AWARD NIGHT AGAIN. I WAS GOING TO BRING IT UP. I DIDN’T REALIZE IT WAS SO PUBLIC. WE WERE PROUD OF THAT AWARD AS WELL. NOT JUST THAT MIKE FISHER IS HONORED BUT ALSO A GREAT PERSON AND I THINK THE LEGACY OUR TEAM IS NOT JUST SOME OF THE LESSONS TAUGHT THE GUYS ON HOW TO BE GREAT ON THE ICE AND GREAT IN THE COMMUNITY. THAT’S WHAT MIKE STANDS FOR AND THE TEAM WE’RE PROUD OF THAT AS WELL BUT ARENA NIGHT IS THE WE HAVE GREATEST GOALIE. AND I THINK THAT SHOWED WHERE HE THOUGHT HE WAS AND NEVER ONCE TOOK CREDIT FOR IT WHERE WE WERE IN A POSITIVE FASHION. PK READY FOR TWO AWARDS. NORRIS. BEST DEFENSE MAN AND THE KING CLASSY AWARD. ALMOST THE MAN OF THE YEAR AWARD. NHL GOING TO VEGAS RIGHT NOW TO PLAY THEM AND IDEALLY WE WIN SOMETHING IN VEGAS THIS YEAR. SO WHEN YOU LOOK AT IT, IT HAS BEEN GREAT. IT HAS BEEN AND I KNOW THAT I’M GOING TO GET YELLED OUT BY BEING THE EOR, BUT THERE’S A STING WITH LOSING AND WHEN YOU SET YOUR EXPECTATIONS TO HAVE A GREAT REGULAR SEASON TO COMPETE AT THE HIGHEST LEVELS AND PUT YOURSELF IN HOME ADVANTAGE THAT’S THE GOAL AND ANYTHING SHORT OF THAT IS SAYING OKAY WHAT DID WE DO WRONG AND SOMETIMES YOU DON’T DO ANYTHING WRONG. WE PLAY THE SECOND BEST TEAM IN THE LEAGUE. REGULAR SEASON AND WHERE THE COIN WAS FLIPPED WE COULD HAVE BEEN THE SECOND BEST. PLAYED SECOND GAMES AND WHEN WE LOOK AT OUR TEAM THERE’S NOTHING YOU WOULD CHANGE FOR DIFFERENT OUTCOME. I THINK WE PLAYED THOSE GUY AS HUNDRED TIMES BUT OR LEAN MAKES US PLAY THAT ODD GAME SO SOMEONE HAS TO WIN AND IT WAS THEIR TURN THIS TIME. WE’RE NOT ASHAMED OF LOSING BUT WE’RE DISAPPOINTED IN WHERE WE SIT BUT WHAT WE’RE AFRAID OF TALK ABOUT DAVID BOIL AND ALL HIS SUCCESS IT COMES FROM THE WAY HE APPROACHES THE LONG-TERM VIABILITY OF OUR FRANCHISE AND THE LAYER OF CONTRACTS FOR THE NEXT UP TO 8 YEARS WE HAVE THE OPPORTUNITY TO BE ONE OF THE ELITE TEAMS. THERE’S NO DOUBT ABOUT IT. JUST THE SAME YEAR WIN THAT TROPHY SO I CAN CHECK THAT OUT. SINCERELY THANK YOU FOR ALL OF YOU FOR CREATING THE ENVIRONMENT TO ALLOW US TO DO WHAT WE DO. WE’RE NOT ALWAYS TRADITIONAL AND WE LIKE THAT. WE DO THINGS THAT OTHER PEOPLE AT FIRST LAUGH AT AND THEN THEY LOOK AT AND ASK WHAT YOU’RE DOING AND WHY AND THEN THEY ASK HOW AND THEN THEY COPY IT C. HOT BED OF HOCKEY WHICH IS CANADA, SO THEY CLAIM. LAST YEAR WINNIPEG CAME HERE TO UNDERSTAND WHAT WE DID DURING THE STANLEY CUP. THERE’S NO BETTER COMPLIMENT THAN A CANADA TEAM SAYING HOW DID YOU GET 100,000 PEOPLE TO HANG OUT BEFORE A GAME AND WE SHOWED THEM WHAT WE DID AND PUBLIC WORKS AND POLICE AND FIRE AND THE CITY AND SOMETIMES THE SPORTS COUNCIL AND C BC AND THEY SAID THAT’S TOO MANY INITIALS AND OUR CITY KEEPS SAYING NO EVERY TIME WE DO SOMETHING OUTSIDE AND SO OUR MARKETING DEPARTMENT SPENT A LOT OF TIME WITH THEM SAYING THIS IS WHAT YOU SHOULD DO AND WHY. THEY’RE BIGGEST THING TO GET OVER IS WHY ARE WE COPYING NASHVILLE. THEY DON’T EVEN HAVE ICE UNTIL WE DID IT. FROM A CITY STANDPOINT THE MAYOR WENT TO US AND SAID THANK YOU FOR SHOWING US HOW TO CELEBRATE THIS GREAT GAME OUTSIDE. OF ALL THE GREAT ACCOMPLISHMENTS CONVINCING THE CANADIANS WE DO HOCKEY BETTER IS ONE OF THE BEST ONES. I KNOW ANYONE WASHING NASHVILLE ON T.V. WILL BE OFFENDED BUT WE KNOW WE HAVE THE BEST MANS IN SPORTS AND HOCKEY AND IT’S FUN TO SEE VEGAS CELEBRATE IN A SIMILAR MATTER. EVENTUALLY MONTREAL WILL TOO AND THEN WE ACHIEVE SOMETHING. THANK YOU FOR PUTTING US IN POSITION TO DO ALL THE GREAT THINGS IF YOU HAVE QUESTIONS ABOUT THE TEAM OR THE BUILDING I CAN ANSWER SOME OF THOSE BUT YOU HAVE DAVID KELLS AND KYLE AND REBECCA COME UP AS WELL. ANY QUESTIONS? [APPLAUSE]>>REFLECT ON A GREAT SEASON.>>I’M DAVID WITH THE NATIONAL PREDATORS. THANKS FOR HAVING ME IN ADDITION TO WHAT SHAUN MENTIONED JUST YESTERDAY VENUES NOW WHICH IS A TRADE MAGAZINE ANNOUNCED NOMINEE PROCESS THE 2018 WOMEN OF INFLUENCE AND ASHLEY STOKELY MADE THAT LIST AND WE’RE GLAD TO SEE THAT AND THAT CONFERENCE IS IN JUNE SO WE’LL SEE THOSE RESULTS SOON. RUNNING OVER SOME OF THE EVENTS WAS MAY FOURTH THROUGH TENTH.AS- FIVE SOLD OUT EVENTS OVER 7 DAYS WITH OVER 76 THOUSAND PEOPLE THROUGH THE DOORS OF BRIDGESTONE ARENA. FIVE FINGER DEATH PUNCH. JUSTIN TIMBERLAKE AND FOO FIGHTERS. TOTALLY GREAT EXPERIENCE. OVER THE PAST SEVERAL WEEKS WE’VE HAD SALES FOR FLEETWOOD MAC, PINK AND CHARLES GAMBINO AND DRAKE AND SHAUN MENDEZ. PLEASE GET OUT YOUR LONG-TERM CALENDAR THAT WILL BE AUGUST 2ND OF 2019. WE’RE LOOKING FORWARD TO HOSTING THE C M T AWARDS.>>NO WE’RE NOT. [LAUGHTER] >>WE HAVE A BACKUP PLAN WITH THOSE IF WE’RE NOT IN THE PLAYOFFS AND THEY COME INTO THE ARENA BUT SINCE WE’RE NOT IN THE PLAYOFFS WE’RE HOSTING THE C M T AWARDS. WE’RE LOOKING FORWARD TO A LOT. MUSIC ICONS U2 AND PAUL SIMON WILL BE HERE AND WE’RE HAPPY WITH NEW PERFORMERS RISE UP TO THE ARENA. LONG-TERM PERFORMERS ARE COMING OUR WAY SO WE HAVE CHRIS YOUNG. HARRY STYLES. KESHA AND SAM SMITH. WE’RE LOOKING FOR NEW CONTENT TO PROVIDE ENTERTAINMENT FOR ALL OF MIDDLE TENNESSEE AND LAST SEVERAL MONTHS WE REACHED OUT TO LATINO AND HISPANIC PROMOTERS AND AND WE’RE HAVING THE FIRST LATINO EVENT WITH BAD BUNNY IN SEPTEMBER. WE HAVE 40 EVENTS ON SALE WITH 247 THOUSAD TICKETS ALREADY SOLD GOING ALL THE WAY TO AUGUST OF 2019. ANYBODY HAVE QUESTIONS ON THE CALENDAR AND EVENTS COMING UP? THANKS FOR YOUR TIME AND UP NEXT IS KYLE.>>ONE THING BRIDGESTONE ARENA. ONE THING KEL FAILED MENTION WITH THE SHOWS ON SALE GOING FORWARD WE HAVE ABOUT 30 MILLION DOLLARS COMMITTED THE 240 THOUSAND TICKETS AND LAST YEAR AT THIS TIME WAS HALF THAT ON SALE SO THAT GOES TO SHOW YOU AS OUR HOCKEY TEAM AND EVERYTHING PROGRESSES IT’S ONE THING THAT BOTH ENTITIES FEED OFF OF SO IT IS A PERFECT STORM. FINANCIALS THROUGH MARCH SO FAR. WE’RE ABOUT 160 THOUSAND PEOPLE AHEAD OF LAST YEARS FAR AS ATTENDANCE BETWEEN THE HOCKEY AND CONCERTS, AS FAR AS REVENUE AS YOU SEE IN YOUR PACKETS. MENTIONED WE’RE ABOUT 27 PERCENT WHERE WE WERE LAST YEAR ON REVENUE ALONE AND THE KEY DRIVER THERE ARE REALLY RENT REVENUE FOR EVENTS AND RENT REVENUE FOR HOCKEY WHICH IS BASED OFF TICKET SALES AND FOOD AND BEVERAGE REVENUE AND WE’RE INCREASING OUR FORECAST AS WE GET NEW BUDDIES IN THE BUILDING AS WELL AS WE’RE ATTACKING OUR DEBT SERVICE. CHARGE REVENUE IS UP 60 PERCENT FROM LAST YEAR FANTASTIC AND OUR BOX OFFICE REVENUE AS WE SELL THE TICKETS OR TICKET FEES. SO REVENUES AND EXPENSES GOES UP A LITTLE BIT AND REVENUES UP 27 PERCENT OUR EXPENSES UP 8% SO GREAT BALANCE THE WAY WE’RE OPERATING THE FEW EXPENSES ARE STAFFING AS WE DO THESE WE’RE ADDING MORE TO THE BUILDING AND STAFFING EXPENSES ARE HIGHER. ALONG WITH MAINTENANCE AND REPAIR AS WE GET OLDER WE’RE REINVESTING IN SOME OF OUR PROCESSES AND MECHANICALS SO THAT’S UP 14%. OVERALL EXPENSE UP 8%. OUR BOTTOM LINE IS ABOUT 1.5 MILLION. WE HAVE THREE MONTHS TO GO SO WE’RE IN AMAZING PLACE FINANCIALLY. TO GIVE YOU A QUICK UPDATE ON THE CIF, 2.1 MILLION TO THE CITY AS PART OF OUR COLLECTIONS. AT THIS POINT LAST YEAR ONLY 1.3 MILLION SO LAST YEAR AT THIS POINT THE END OF LAST YEAR WE WERE REMITTED AND WE REMITED IN ALL STILL HAVE THREE MONTHS TO GO SO WE’RE IN A GOOD PLACE THERE. THE LONE BALANCE IS 6.8 MILLION AND HAVE CAPACITY OF 3.4 THAT WE COULD BORROW BUT YOU SEE EVERYTHING IS TRENDING GREAT WITH THE BALANCE OF THAT. IF YOU HAVE SPECIFIC QUESTIONS.>>ANY UPDATE RENEGOTIATING OUR ABILITY TO BORROW MONEY GIVEN THOSE REVENUES.>>WE HAVE CONTINUED CONVERSATIONS WITH FINANCE AND TALKED TO HIM AND WE’RE CONTINUING THAT PROCESS BUT WE DON’T HAVE ANYTHING NEW TO REPORT JUST YET. IF NOTHING ELSE I’LL TURN IT TO DANNY BUTLER TO GIVE AN UPDATE. THANK YOU.>>DAVE BUTLER. GENERAL MANAGER. THANKS FOR HAVING ME. I’LL BE BRIEF SINCE WE MET A FEW MONTHS AGO I WANTED TO RECAP A FEW EVENTS OVER THE LAST FEW MONTHS. WE HOST AND GIRL’S HOCKEY EVENT EARLY MARCH. ALL THREE ICE RINKS IN THE CITY SO FORD ICE AND CENTENNIAL AND SMALL RINK. OVER 150 GIRLS CAME OUT TO GET TO PLAY AND WE HAD TWO OLYMPIANS THAT CAME OUT SO IT WAS REALLY EXCITING AND SPRING BOARD FOR WHAT WE’RE DOING THIS SUMMER. GIRLS LEARN TO PLAY SO REALLY EXCITED ABOUT THAT AND HERE IN NASHVILLE ON TOP OF THAT WE HAVE THE U.S. FIGURE SKATING ANNUAL MEETING AND THE PRAISES THAT U.S. FIGURE SKATING ACADEMY WERE MORE THAN THEY’VE GIVEN ANYBODY ALMOST EVER AT THAT EVENT. THEY’RE HIGH ON EVERYTHING HERE INNASHVILLE. WE THAT HIGHEST NASHVILLE OF FIGURE SKATING AND OVER THE PAST YEAR THAT WAS INCREDIBLE TO SEE. THEY ALSO ASKED SKATING DIRECTOR TO SIT ON THE PLANNING AND GROWTH COMMITTEE. HOCKEY IS ABSOLUTELY EXPLODED. 35 PERCENT MORE KIDS ARE PLAYING THIS YEAR THAN LAST AND 30 PERCENT GROWTH OVER THE YEAR BEFORE SO IT’S BEEN INCREDIBLE. THE GOAL IS A HOCKEY PROGRAM HAS BEEN SOLD OUT ALL LAST SEASON AND ALREADY ARE SOLD OUT THROUGH JANUARY WHICH IS GREAT HAVING KIDS PLAY. ONE THING I TOUCHED ON LAST TIME IS A PROGRAM THAT WE’RE JUST STARTING CALLED SCOTS ALL-STARS FOR YOUTH WHO HAVE INTELLECTUAL DISABILITIES AND RECEIVED A GRANT AND RIGHT AFTER THAT WE MET LAST TIME LAUNCHED IT AND WE’RE SECOND SECTION. THE SIX WEEK LEARN PROGRAM THAT GOES ABOVE AND BEYOND. THERE’S HOCKEY SKILLS AND STRENGTHENING AND CONDITIONING IT’S WELL ROUTED AND INCLUDE THE PARENTS AND EVERYTHING. HAD 35 KIDS GO THROUGH AND WE’RE THE GOING THROUGH THE PROGRAM OVER THE SUMMER FOR FIGURE SKATEING SO IT’S REALLY BEEN A GREAT PROGRAM. IT’S REALLY HIGH ON U.S. FIGURE SKATING. JUST WANT TO TOUCH ON A FEW EVENTS COMING UP. CAMP OR TOURNAMENT. FIRST SUMMER OPEN WE HAVE ONE CAMP. THIS YEAR WE HAVE EVERY WEEK COUPLE OF THE HIGHLIGHTS. HOCKEY SCHOOL WE HAD LAST YEAR SHOWED UP AND WE EXPECT THEM TO COME THIS YEAR. HOCKEY HOSTS HOCKEY PROSPECTS TO DEAL WITH COACHES OR JUNIOR COACHES AND THEN OTHERS THIS YEAR. CURRENTLY COMPLETELY TOOK OFF DURING THE AN OLYMPICS AND WE HAVE STARTING THIS SUMMER AT THE END OF JUNE IF YOU WANT TO GET A TEAM TOGETHER I THINK THERE’S STILL SPACE. WE’RE WORKING ON THE NATIONAL HOCKEY CHAMPIONSHIP, HOSTIN THAT COMING UP HERE AND M AI HOSTED VARSITY UP TO 1984 AND THEN DECIDED TO STOP THE PROGRAM. THIS WAS THE FIRST YEAR THEY BROUGHT IT BACK. 8 TEAMS LAST YEAR AND 12 THIS YEAR AND 16 THE FOLLOWING YEAR SO REALLY EXCITING TO HOST THE NATIONAL CHAMPIONSHIP FOR THAT AND WE’RE CURRENTLY WORK TOGETHER THAT AND REALLY EXCITED WE’LL HOST A PRE HOCKEY CAMP AND THAT IS TO GET PEOPLE TO SEE WHAT WE DO FROM AROUND MIDDLE TENNESSEE. WE WANT THE OPPORTUNITY TO SEE WHAT PAULA AND ZACK DOES ON THE ICE. IT’S GREAT WHAT WE’RE DOING AND SEE WHY WHAT WE’RE DOING IS SO SUCCESSFUL. WE’RE BOOKED ALL THIS SUMMER AND ALL OF NEXT SEASON SO WE’RE ALREADY BOOK TOGETHER 2020. THINGS FOR GOOD AND WE’RE EXCITED ABOUT IT. ANY QUESTIONS?>>SO IT WAS REALLY AMAZING WHEN THE WOMEN’S HOCKEY TEAM WON A GOLD METAL. THE OLYMPIANS FROM THE HOCKEY TEAM?>>THEY WERE. THE TWO SISTERS ON THE TEAM.>>THAT WERE ON THE TEAM.>>YEAH.>>BOARD CENTER. THAT’S VERY EXCITING.>>THERE’S A PROGRAM THAT NEEDS TO GROW AND ONE GIRL’S HOCKEY TEAM AND THAT PROGRAM REALLY WE SEE THE NEED FOR THAT TO GROW AND WITH THE 150 KIDS COMING OUT SPECIFICALLY FOR GIRLS ONLY IS EXCITING.>>WONDERFUL YOU CAN BRING THE OLYMPIANS IN.>>NEXT WE HAVE THE HEART AND SOUL OF OUR TEAM. REB REBECCA. ♪ [MU [MUSIC]>>SO KIM PROMISED NOT TO MAKE YOU CRY TODAY WITH VIDEOS AND STORY BUT A LOT OF WHAT WE CAN DO CAN BE CONVAED WITH PICTURES AND VIDEOS THAN IN SPEECH BUT I STAND BETWEEN LUNCH AND YOU LEAVING HERE SO I’LL ABBREVIATES AND THEN WE HAVE A SHORT VIDEO AT THE END. WE PROVIDED A SHEET OF PAPER WITH ALL OF OUR FINANCIAL COMMITMENTS THIS YEAR. THE SUCCESS OF THE TEAM ON THE ICE REALLY LEADS GREATER SUCCESS OFF THE ICE WITH THE FOUNDATION. WE GET INCREASED REQUESTS FOR MONEY AND DONATIONS BUT BECAUSE WE’RE ABLE TO RAISE SO MUCH MORE MONEY WE’RE ABLE TO FULFILL SO MANY MORE. WE’LL DISTRIBUTE OVER 1.2 MILLION AND WELL OVER 2,000,000 THROUGH IN KIND DONATION. OUR GRANTS INCREASE BY 100,000 DOLLARS FROM 500,000 LAST YEAR TO 600,000 THIS YEAR. WE GAVE OVER 2 $40,000 FOR OUR LOCAL HOSPITAL AND WE ANTICIPATE WE’LL INCREASE THAT BY 100,000 DOLLARS AND WE DO THE CHECK PRESENTATION EVERY YEAR AND THE FUND WAS STARTED WITH SHAE WEB SORE A LOT OF THE PLAYER LEGACIES LIVE ON EVEN WHEN A PLAYER LEAVES OUR TEAM SO WE ANTICIPATE ABOUT $340 THOUSAND GOING TO CHILDREN’S HOSPITALS FOR PEDIATRIC CANCER RESEARCH. SOME OF THE HIGHLIGHTS YOU MIGHT NOT SEE IS THE ATTACHMENT OUR PLAYERS HAVE FOR THE CAUSES IN THE COMMUNITY. WE HAD ROMAN BUILDING A LIMO AND PEKA AND ROMAN ATTENDING THE FROM THAT HAPPENS THE NIGHT BEFORE GAMES. IT’S NOT THE APPEARANCE I SET UP SO THEY’RE EMOTIONALLY IMPACTED AND THROUGH THEIR TIME AND THEN ALSO THROUGH DONATING MONEY, ROMAN RAISED OVER $35,000 DIRECTLY FOR BEST BUDDIES TO HELP OPEN MORE CHAPTERS IN ELEMENTARY AND MIDDLE SCHOOLS IN THE MIDDLE TENNESSEE COMMUNITIES. OUR FASHIONED SHOW THIS YEAR WE WENT OUT ON THE LIMB AND DID A NASHVILLE CASINO NIGHT. OUR PLAYERS WANTED TO DO SOMETHING DIFFERENT SO WE DECIDED TO CREATE AN EVENT WE KNEW NOTHIN ABOUT. WE FOUND DILLARD’S FULLY ON BOARD TO HELP US CHANGEUP THIS EVENT. WE HAD NO IDEA IF WE WERE GOING TO RAISE HALF THE MONEY WE WOULD FOR THIS BUT WE WANTED TO PRESENT SOMETHING DIFFERENT FOR OUR FANS. OUR PLAYERS JUMPED ON BOARD AND THEIR WIVES GOT INVOLVED AND WE BROUGHT IN YOUTH AND THE KIDS STOLE THE SHOW. THEY WALKED THE RUNWAY WITH THE PLAYERS AND JUST BROUGHT LIGHT TO OUR EVENT AND THIS EVENT, ENDED UP MORE THAN THE YEAR PRIOR. BLUE LINE BUDDY TOUCHED ON IT AND IN OCTOBER PK CAME TO US AND SAID I WANT TO DO THIS PROGRAM THAT UNITES POLICE AND YOUTH AND HE SAID I WANT TO DO IT EVERY SINGLE GAME. I SAID CAN WE DO IT ONCE A MONTH. HE SAID NO EVERY SINGLE GAME. HE SAID I WANT TO MEET THEM BEFORE AND AFTER. HE SAID WHAT ABOUT AFTER? HE’S LIKE NO I WANT TO MEET BEFORE AND AFTER THE GAME. DONE. EVERY GAME. 41 GAMES WE HAD MANY YOUTH MEET BEFORE THE GAME AND THEN AFTER THE GAME AND THE TRANSFORMATION THAT HAPPENED FROM THAT INITIAL MEETING AT 415 TO THE END OF THE OF GAME AT 1015 WAS DRAMATIC. I RECEIVED THIS IN THE MAIL AND I’LL NOT READ IT BECAUSE YOU CAN DO THAT BUT THE ONE LINE IT SAYS PK YOU ARE SINGLE-HANDEDLY CHANGING LIVES IN THE COMMUNITY. THANK YOU FOR YOUR VISION AND LEADERSHIP. CREATING POSITIVE INTERACTION BETWEEN YOUTH AND OFFICERS IS IMPORTANT INITIATIVE AND ALREADY MAKING A DIFFERENCE. WE’LL CONTINUE OUR RELATIONSHIP WITH SERGEANT BROWN GOING FORWARD. LITERALLY ON THE PIECE OF PAPER BY THE CHILD AND BIG BROTHER THAT ARRIVED YESTERDAY WHICH IS WHY I PASSED IT OUT TO YOU. KYLE WAS NEW TO THE TEAM AND WE HAD HIM AS THE FACE OF OUR HOCKEY IS FOR EVERYONE INITIATIVE. LEAD WIDE INITIATIVE THAT HAPPENS IN FEBRUARY THROUGH HIS LEADERSHIP WE’RE ABLE TO INVITE 7 ORGANIZATIONS TO COME TO OUR PRESS GAME. OASIS CENTER. GIRL’S HOCKEY. AMPUTEE ORGANIZATION AND SPECIAL OLYMPICS AND THEY GOT TO MEET KYLE AND ATTEND THE GAME AND THEN CELEBRITY GOT TO STAND WITH THE STARTING LINE-UP. I HAVE A MEETING WITH KYLE AND HE AND HIS WIFE WANT TO GET MORE INVOLVED IN THE NATIONAL COMMUNITY. SEE WHAT HE DID IN OTTAWA HE IS A HUGE ADDITION TO OUR TEAM ON AND OFF THE ICE. LOOKING MAYBE TO ADD BLIND HOCKEY TO NASHVILLE AND WE’LL WORK WITH TENNESSEE SCHOOL FOR THE BLIND AND DANNY BUTLER TO SEE IF THAT’S A NEW ONE THAT WE CAN USE A NEW OUTLET WITH BLIND HOCKEY. NEXT YEAR I PROMISE I’LL BE EVEN SHORT FAIR YOU DO ONE THING. TICK OUT YOUR PHONES AND FOLLOW OUR TWITTER, FACEBOOK FRIEND US, LIKE US AND FOLLOW US ALL THESE STORIES AND PLAYERS ARE DOCUMENTED ON THOSE SOCIAL APP PLATFORMS AND WOULD LOVE FOR YOU TO KEEP TABS ON WHAT WE DO. THROUGH SHAUN’S LEADERSHIP OUR OFFICE MENTALITY IS ONE GOAL AND OUR STAFF VOLUNTEER OVER 8,000 HOUR AS YEAR AND THAT’S WITH OUR BUSY SCHEDULES AND BUSY EVENTS. THE LIFE OF A LOT OF THE TEAM AND STAFF AND PLAYERS AND WE’RE PASSIONATE ABOUT GIVING BACK. NOW THAT WE’RE OUT OF THE PLAYOFFS WE’LL SEE THEM VOLUNTEERING ALL SUMMER LONG SO IF YOU FOLLOW PRED’S FOUNDATION YOU’LL SEE ALL THE ORGANIZATIONS WE’RE IMPACTING. WE HAVE A SHORT VIDEO THAT’S KIND OF TAKING SOME CLIPS AND HIGHLIGHTS MORE OF THE THINGS THAT WE DO. [MUSIC]>>WELCOME TO THE 2018 NATIONAL PREDATORS GRANT FOUNDATION ALLOCATION CEREMONY. [MUSIC]>>TODAY WE INVITED 149 DIFFERENT CHARITIES TO EXCEPT OVER $607 THOUSAND DOLLARS OUR ONE TIME ALLOCATION AND THE LARGEST. WE SPENT THE ENTIRE SEASON RAISING THIS MONEY. SILENT AUCTIONS AND GOLF TOURNAMENTS AND SILENT AUCTIONS. [MUSIC]>>THE AMAZING SUPPORT TO GIVE BACK TO OUR COMMUNITY IS INCREDIBLE AND TO HAVE THE FUNDS TO SUPPORT THE MISSIONS OF SO MANY ORGANIZATIONS TRYING TO DO GOOD TO HELP THIS IS JUST EXTRAORDINARY BEYOND WORDS.>>THE IMPACT OF THEIR GIFT TO OUR BUSINESS EDUCATION PARTNERSHIP FOUNDATION. WE HAVE A STEM CAMP FOR SCIENCE AND TECHNOLOGY AND ENGINEERING AND MATH CAREERS TO INTRODUCE MIDDLE SCHOOL STUDENTS TO ALL THE DIFFERENT OPPORTUNITIES THAT ARE OUT THERE. THERE’S HANDS ON EXPERIENCE FOR LEARNING AND BECAUSE THEY ARE SUPPORTING US WE’RE ABLE TO OFFER THIS EXPERIENCE TUITION FREE SO ANY STUDENT THAT WANTS TO LEARN ABOUT CAREERS CAN DO SO REGARDLESS OF THEIR FAMILY’S FINANCIAL CIRCUMSTANCES. IT’S A HUGE CELEBRATION FOR US TO HAVE THIS IN ONE ROOM. THEY ARE DOING GREAT THINGS FOR OUR COMMUNITY AND WE’RE SO APPRECIATIVE WE CAN RAISE MONEY TO HELP WITH THEIR EFFORTS THE. PEOPLE THAT CAME DID ALL THE HARD WORK AND MAKE BIG CHANGES FOR OUR COMMUNITY. WE’RE HAPPY TO SUPPORT ALL OF THEM. [APPLAUSE] [MUSIC] [APPLAUSE]>>SO THAT PRETTY MUCH WRAPS THAT UP TODAY. SHAUN MENTIONED IT REALLY WAS A TREMENDOUS YEAR. WE HAVE ONE LAST SHORT VIDEO BECAUSE AGAIN WE WANT TO CELEBRATE THIS YEAR BUT TURN THE PAGE AND LOOKING FORWARD TO THE THINGS AHEAD. ANY LAST CHANCE FOR QUESTIONS WE’LL PLAY THE VIDEO AND THEN WE HAVE REFRESHMENTS AND YOU GUYS CAN STAY. THANK YOU VERY MUCH. [MUSIC]>>THE BEST SEASON THIS FRANCHISE HAS HAD. THIS WOMAN IS EXTRA SPECIAL. [APPLAUSE]>>TONIGHT WINNINGEST GENERAL MANAGER IN SHOW HISTORY. [MUSIC]>>WHAT A GOAL RIGHT THERE.>>BRAKES A FRANCHISE RECORD. THE GAME IS TIED! [MUSIC]>>GLAD YOU GUYS COULD BE A PART OF IT THANK YOU. SING SING >>IMMEDIATE IMPACT! SCORE! [APPLAUSE]>>SCORES.>>SHOOTS AND SCORES. GAME WINNER. [APPLAUSE]>>THANK YOU TO THE PREDATORS ORGAN ORGANIZATION. YOUR TEAM IS JUST INCREDIBLE AND YOU WANT TO MAKE US CRY YET AGAIN WITH TWO VIDEOS THIS TIME. NOT JUST ONE. I WOULD LIKE TO MAKE A NOTE THAT’S HOW SHE SNUCK OUT BUT MICHELLE KENNEDY THERE WAS A NICE FEATURE ON HER IN STYLE BLUEPRINT AS BEING THE FACE OF NASHVILLE AND HOPEFULLY WE CAN CIRCULATE THAT TO THE BOARD AND IT AGAIN SHOWS FROM THE TOP DOWN WHAT TYPE OF ORGANIZATIONS YOU GUYS HAVE AND IT’S TREMENDOUS TO BE PART OF IT. CONGRATULATIONS TO HER ON THAT NICE FEATURE. THIS HAS BEEN A GREAT MEETING AS USUAL AND APPRECIATE EVERYONE’S TIME AND OUR NEXT MEETING IS JUNE 21ST AND IF THE BOARD WILL KEEP BINDERS HERE WE’LL RECYCLE THEM FOR NEXT MONTH AND THANKS FOR ATTENDING AND SEEING NO OTHER BUSINESS WE MOVE TO ADJOURN. OKAY. WE’RE ADJOURNED. THANK YOU GUYS.

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