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HomeMy WebLinkAboutDBCMinutes_2024_08_22 824 32nd Ave., Brookings, SD 57006 | 605-692-7539 | ww.dacotahbankcenter.com Advisory Board Meeting Minutes Thursday, August 22nd, 2024 @ 12pm Dacotah Bank Center Present: Kyleigh Cramer, Laura Schoen Carbonneau, Bill Retterath, Elena McKeown, Jeff Holm, Mike Logan, Dacotah Bank Center General Manager, Ashley Biggar Dacotah Bank Center AGM/Director of Marketing & Kristin Zimmerman, City of Brookings Park & Recreation Director. Agenda Discussions: ➢ Jeff called the meeting to order. ➢ June minutes were approved. ➢ Mike gave an update on the open Operations Supervisor and open General Manager positions. Seach for the Operations Supervisor will likely result in hiring a part-time operations staff member that is looking for full time work after graduation. A decision on the General Manager position will be made as soon as possible. Mike will communicate to the board when this happens. ➢ Mike presented and the board discussed a SWOT analysis of the facility. Highlights include a strong return on large weddings in the arena, new partnerships with Kool Beans and Downtown Brookings, as well as new Q1 bookings. Mike discussed weak fall/winter. This will continue to be the focus for the rest of the year. Mike discussed opportunities for 2024 & 2025 event booking and gave an update on the Crown Castle partnerships. Threats continue with high expenses v revenues. Staff are looking to raise pay rates as well as rental and operational costs back to clients to help with staffing issues and revenue shortfalls. ➢ Mike gave an update on Dacotah Bank Center capital projects. Mike gave a 2024 project update on bathrooms, concrete work outside and in the arena, roof issues, F&B projects, and updates to the security system. ➢ Mike presented June YTD financials. He also provided a financial review update that was provided to city leadership and city council. ➢ Next meeting is scheduled for October 24th at 12:00pm. ➢ Jeff adjourned the meeting.