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2021, 10-13 minutes MINUTES LODGING TAX ADVISORY COMMITTEE MEETING October 13,2021 8:00 a.m. Spokane Valley City Hall Council Chambers 10210 East Sprague Avenue Attendance: Lodging Tax Advisory Committee Members: Staff- Chair: Mayor Ben Wick Chelsie Taylor, Finance Director Gregory Repetti, The HUB Erik Lamb,Deputy City Attorney Wayne Brokaw, Spokane County Fair Board Sarah Farr, Financial Specialist Grant Guinn, Tru by Hilton Christine Bainbridge, City Clerk Amanda Alcamo, Oxford Suites Chair Mayor Wick called the meeting to order at 8:00 a.m. and welcomed everyone,after which there were self-introductions. Deputy City Attorney Lamb introduced himself, and explained that as appointed officials,members of this committee are subject to laws such as those dealing with open government; and he went through his Open Public Government, PowerPoint training for Committee members, explaining the various portions of the Public Records Act, and the Open Public Meetings Act. Finance Director Taylor explained that there are two different funds connected with lodging tax,one is the 2%typically granted,with the other fund to be used for capital projects; and said if there are no objections, that will be a separate discussion afterwards. There were no objections. Finance Director Taylor then gave an overview of the contents of the notebook, adding that the 13th application is one submitted by the City of Spokane Valley,which seeks funds from the capital projects fund. Presentations were made in the following order: 1.HUB Sports Center—Mr. Phil Champlin The HUB seeks$55,000 for recruiting events to the facility.There was some discussion about how lodging nights are calculated and that it is difficult to get the number of room nights from the hotels. [At 8:58 a.m. Mr. Repetti excused himself from the room.] 2-6 JAKT—Mr. Tom Stebbins and Ms. Katie Lee JAKT seeks(2) $15,000 for Brews,Beats& Eats; (3) $15,000 for the Craft Beer Festival; (4) $50,000 for Crave!;(5)$25,000 for Farmers Market; and(6)$400,000 for Spokane Valley Events. After giving a brief history of his company,Mr. Stebbins noted that the $400,000 for Spokane Valley Events would be a type of shark tank for events as he'll work with event producers; said the idea is to have an event at CenterPlace every weekend,which will give some continuity and keep people in Spokane Valley; said this would be a type of giant fund for all events to work from. Regarding farmers market, they said the idea is to have a Tuesday evening event in addition to the Friday event. Again the topic about the difficulty of how to calculate room nights was broached. 7.Northwest Winterfest—Ms. Sam Song The applicants seek $45,000 to assist with this event, to include operation and marketing. Mr. Song explained that this year will be a full-scale event;said he is asking less than the previous year,with the goal to eventually have this event self-sustainable; said parking is a challenge which is why they have changed the location to the fairgrounds. [Mr. Repetti returned to the meeting at 9:40 a.m.] 8. Spokane County Fair and Expo Center—Ms.Erin Gurtel and Ms.Rachelle Buchanan The applicants seek $75,000 to market and advertise the Fair and interim events to an audience in and beyond the Spokane area. After showing their brief video, the applicants explained that the fair is an LTAC Minutes October 13,2021 Page 1 of 4 important occasion and the goal is to come back full speed next year; said that many vendors come from out of town so they stay at area properties. Mr. Guinn said that he will ask that the topic of how hoteliers can accurately count room nights,be included as discussion on a future TPA meeting. Mayor Wick called for a recess at 10:05 a.m. The meeting reconvened at 10:11 a.m. 9. Spokane Valley Heritage Museum—Ms.Jayne Singleton The applicants seek$40,000 to assist in their tourism promotion and marketing efforts to include the 2020 rack card, and for the Smithsonian exhibit. 10. Spokane Valley Summer Theatre —Dr.Marnie Rorholm The applicants are seeking $20,000 to increase television advertising to various regions. Dr. Rorholm said this is not a community theatre, but a professional theater; said they normally have their performances in Central Valley High School which is difficult now as school is back in session;said they have doubled their budget in their six years of existence with 2019 as their most successful season; said their goal is to have the Best of Broadway caliber but to do it here and keep the revenue here;that they hope to start television marketing and might do billboards as well. 11.Valleyfest—Ms. Peggy Doering Valleyfest seeks $30,000 to assist with marketing materials for the festival. Ms. Doering went over some of the history of Valleyfest's 32 years; mentioned increases in costs to produce the event and that basic wages will increase in 2022;she spoke of the impact on tourism as people who visit Valleyfest typically do other local spending.In response to questions about room night numbers,Ms. Doering explained about the 2019 figures based on those from Gonzaga's School of Business. 12.Valleyfest— Cycle Celebration—Ms.Peggy Doering Cycle Celebration seeks$5,000 to assist in the marketing of this event.Ms. Doering said that the event was cancelled about two weeks prior to the 2020 event;that they were preparing for and excited about the 2021 event and had local bike shops help in advertising. 13. City of Spokane Valley— Capital Construction For the City's project of a new Fairgrounds Expo Center,the City is requesting approximately $3 million from Fund 104 reserves plus all future revenue collections in and allocations to that fund until the project is completed; with an estimated total project budget of$10 million. Mr. Basinger noted the City's match includes $1 million from City reserves, and $750,000 in state funding. Mr. Basinger went through his PowerPoint explaining about the opportunity for future expansion of the Spokane County Expo Center; mentioned the analysis of retail sales that was previously conducted;explained about other possible projects and that City Council determined that the Expo Expansion project could move forward relatively quickly, and would have a high return on investments since the County would not only provide the land,but would maintain and operate the facility as well.He explained that the project would construct a 30,000 square foot new structure which would be connected to the existing exposition building,at a cost of approximately$10 million.His slides showed an external and an internal site analysis;and among other amenities,a restaurant space of about 4,000 square feet,which would be a stand-alone facility operating year round; he noted the restaurant would provide a place for people to go before and/or after a baseball game as well as after other Fairground events. Mr. Basinger stated that there is approximately $3 million in that fund balance, and that the idea is to earmark all future allocations in that fund until the facility is paid; he noted the City is also pursuing other funding opportunities,but the intent is to quickly fund the facility;he said the City has set aside $1 million in the 2022 budget to begin the design process and will move forward once necessary funds are secured. LTAC Minutes October 13,2021 Page 2 of 4 Mr.Repetti stated his objection to depleting the fund;and mentioned the depreciating value of the building over thirty years. Mr. Hohman said there are a variety of potential projects, and focusing on this project doesn't mean there will never be a decision to work on anything else; he said this project rose to the top and according to the economic studies,will actually make money.He noted other things are progressing at different speeds and we are not walking away from other projects, but would like to tackle this first then maybe look at some others.He also stated that staff is looking for any type of additional revenues and will be having more discussions with Council depending on how grant opportunities work out;he also noted we don't want to tie up these projects in bonds.Finance Director Taylor stated that staff put forward the request in the application,but the Committee may make different allocation recommendations,or could even decide on a flat amount without commitment of any future funds,or for a period years; she also noted that in order to use capital funds,the facility must be owned by a municipality or a Public Facilities District.Mr.Repetti asked if we would be competing with ourselves since we have CenterPlace as an event facility.Mr.Hohman replied that there are many events conducted at the fairgrounds, and that he does not see it as competing against ourselves. There was also discussion about the viability of a stand-alone restaurant in an area with fast food. Mr. Basinger said again according to the studies,there is a strong demand for such a restaurant; and having the co-location of a baseball field makes him confident the restaurant would be well used.Mr. Hohman said studies show it will generate enough money to sustain itself; at least break even or better for Spokane County; and Mr.Basinger reminded the committee that the County will handle the operation and maintenance so for us, this is a great investment. When asked her opinion, Ms. Erin Gurtel of the Fairgrounds said they haven't always been able to accommodate all existing events; said she has been with the Fair&Expo Center for seventeen years,and there is definitely a need for this type of structure. Lodging Tax Advisory Committee members develop funding recommendations Director Taylor said she will give members a few minutes to complete their individual recommendations, and once complete, to please hand them back to her. Mayor Wick called for a recess at 11:55 a.m., and convened the meeting at 12:07 p.m. Lodging Tax Advisory Committee member discussion and award recommendation Members gave their recommendations to Ms. Taylor who entered them on the spreadsheet; she said the final product will be a formal LTAC motion that states specifically how much money should be awarded to each applicant.After entering all figures,Ms.Taylor also entered the average amount for each applicant. It was moved by Mr. Repetti, seconded and unanimously agreed to accept the amounts on the spreadsheets. The amounts are as follows: 1.HUB $55,000 2. JAKT Brews,Beats&Eats $6,500 3. JAKT—Craft Beer $6,000 4. JAKT Crave! $30,000 5. JAKT Farmer's Market $17,000 6. JAKT Spokane Valley Events 0 7.Northwest Winterfest $45,000 8. Spokane Co.Fair&Expo $64,000 9. SV Heritage Museum $27,000 10. SV Summer Theatre $20,000 11.Valleyfest $24,000 12.Valleyfest Cycle Celebrate $3.500 $298,000 Transfer to Fund#104(1.3%tax) $273,000 $571,000 Discussion moved to the capital projects fund. Finance Director Taylor said the projection for Fund 104 is about$4.5 million depending on the economy. Mayor Wick commented that the City has put$1.7 million toward the project, and that he too doesn't want to use bond revenues; said he is also not sure he wants to LTAC Minutes October 13,2021 Page 3 of 4 obligate future dollars; that he was surprised that the State's contribution was only $750,000; and that supporting the project with our funds could make for a stronger ARPA grant application; he also noted Council wanted to focus on just this project before starting another project.Mayor Wick stated that several businesses have indicated it would be nice to have a restaurant and/or a meeting place in that area; and it was mentioned that the expansion of the North/South corridor will bring more traffic to that area. Mr.Repetti said there will be a loss in the restaurant in the short time as the area struggles from transferring from light industrial into something more than a ball park; and that he still has a problem in committing all future funds; said further work needs to be done to figure out how to fund this; said he is disappointed in Council and maybe this committee should send a message to put this back on the table; or perhaps figure out how to do this project and to perhaps consider Plantes Ferry as well. Ms. Taylor said that when this comes before Council, the minutes of this meeting will be included, but she can include any other communication from this committee,not necessarily as a motion. Mayor Wick said that the application is for the project to be fully funded.Deputy City Attorney Lamb stated that if the committee wants to consider another project,the law provides that the LTAC must do so from applicants. It was moved by Mr. Repetti and seconded to allocate$3.5 million to the Fair&Expo Building as presented by staff, not to preclude this committee from re-addressing further needs at the October 2022 meeting. Vote by acclamation: in favor: Mayor Wick, and Committee members Brokaw, Guinn, and Alcamo. Opposed: Committee member Repetti. Motion passed. It was moved by Mr.Repetti,seconded and unanimously agreed to adjourn. The meeting adjourned at 1:20 p.m. Respectfully submitted, Christine Bainbridge, Spokane Valley City Clerk LTAC Minutes October 13,2021 Page 4 of 4