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1 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Meeting Agenda Sports Facilities Development Corporation Monday, October 13, :00 PM Council Briefing Room Regular Meeting Call to Order Citizen Comments Agenda Items Consider Minutes of August 25, 2014 Attachments: Minutes docx Monthly Financial and Investment Report for August and September 2014 and Quarterly Investment Report Attachments: Monthly Financial and Investment Report August 2014.pdf Monthly Financial and Investment Report September 2014.pdf 2014 annual investment report Construction Committee Report Contract Negotiations Committee Report Finance Committee Report Reimbursement to the City for July 1, 2014 through September 30, 2014 Attachments: Reimbursement to City July 1, 2014 through September 30, 2014.pdf Sports Corporation 2015 Board Meeting Dates Attachments: 2015 meeting dates Resolution Approving the Allocation of $201,963 of Capital Expenditure Funds for improvements at Lone Star Park Attachments: Cap Ex matching request Resolution amending the approved FY14/15 and the FY13/14 Budgets Attachments: Revised SC Operating and Sales tax funds Discussion of Funding City Projects City of Grand Prairie Page 1 Printed on 10/10/2014

2 Sports Facilities Development Corporation Meeting Agenda October 13, Report from Lone Star Park Executive Session The Grand Prairie Sports Facilities Development Corporation may conduct a closed session pursuant to Chapter 551, Subchapter D of the Government Code, V.T.C.A. to discuss the following: 1. Section Consultation with Attorney 2. Section Deliberation Regarding Real Property 3. Section Personnel Matters 4. Section Deliberations Regarding Economic Development Negotiations Adjournment Certification In accordance with Chapter 551, Subchapter C of the Government Code, V.T.C.A. the Grand Prairie Sports Facilities Development Corporation agenda was prepared and posted October 10, Gloria Colvin, Secretary City Hall is wheelchair accessible. If you plan to attend this public meeting and you have a disability that requires special arrangements, please call Gloria at at least 24 hours in advance. Reasonable accommodations will be made to assist your needs. City of Grand Prairie Page 2 Printed on 10/10/2014

3 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: August 25, 2014 Sports Corp Minutes Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Title: Consider Minutes of August 25, 2014 Sponsors: Indexes: Code sections: Attachments: Minutes pdf Final action: Date Ver. Action By Action Result Title Consider Minutes of August 25, 2014 Presenter Bryan Arnold Recommended Action Approve City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

4 Grand Prairie Sports Facilities Development Corporation Regular Meeting August 25, 2014 City of Grand Prairie, City Hall Council Briefing Room 317 College Street Grand Prairie, Texas Minutes A regular meeting of the Grand Prairie Sports Facilities Development Corporation was called to order by President Ron Jensen at 6:00 p.m. Members Present Ron Jensen, President Bryan Arnold Jorja Clemson Eddie Freeman R.J. Garcia Greg Giessner Jim Swafford Staff Present Tannie Camarata, Treasurer Don Postell, City Attorney Gloria Colvin, Recording Secretary Visitors present: Paula Newman, Vice President & Assistant General Manager Lone Star Park at Grand Prairie Citizen Comments There were no citizens who wished to speak. Mayor Jensen informed the committee that the meeting would begin with item #13 of the agenda. 13. Report from Lone Star Park Ms. Newman informed the committee that the fall Quarter Horse Races would begin on September 19, 2014 and go through November 15, In addition, there will be three concerts this fall at Lone Star Park. Ms. Newman said they are working on their budgets for next year and looking to race every Sunday during the Thoroughbred season. Mr. Jensen thanked Ms. Newman for the update. 1. Consider Minutes of June 16, 2014 and August 11, 2014 Mr. Arnold moved to approve the minutes of the June 16, 2014 and August 11, 2014 meeting. Ms. Clemson seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None

5 SPORTS FACILITIES DEVELOPMENT CORPORATION MINUTES, AUGUST 25, 2014 PAGE 2 2. Monthly Financial and Investment Reports for June and July 2014 and Quarterly Investment Report Mr. Camarata reviewed the Monthly Financials and Investment Reports for June. Base rent for was $133,300 and additional rent totaled $43,071. Interest earnings for the month were $2,683. The Sports Corporation had expenditures of $4,237 during June for regular expenditures. The Sports Corporation has total cash and investments of $13,255,420. Mr. Camarata reviewed the Monthly Financials and Investment Reports for July. Base rent for was $133,300 and additional rent totaled $39,173. Interest earnings for the month were $2,710. The Sports Corporation had expenditures of $5,126 during July for regular expenditures. The Sports Corporation has total cash and investments of $13,425,477. Mr. Camarata reviewed the Quarterly Investment Report: In the nine months ending June 30, 2014, the Sports Corporation collected cash basis interest earnings of $23,816 on an average invested balance of $13,058,759. The investment portfolio is evaluated on a cash basis for budget comparison because the budget is prepared on a cash basis. The 2014 total budgeted cash basis interest including prior year s accrued interest is $40,000. Our annualized cash basis return on assets was 0.24% during the six months. Our accrual basis interest earnings were $18,832 during the first nine months for an annualized accrual basis return on investment of 0.19%. The investment portfolio is evaluated on an accrual basis because the accrual basis smooth s the unevenness in cash flow due to the timing of individual coupons and maturities, and thus more accurately measures performance. At June 30, 2014 our total portfolio was yielding 0.166% with an average remaining maturity of 168 days. At June 30, 2014, the Sports Corporation had an unrealized loss of $141 on its securities. This loss is not reflected in any of the above totals. Accrued interest receivable at June 30, 2014 was $3,482. The interest earnings budget for FY14 is $40,000 or $114 lower than the actual interest earnings for FY13. The FY14 budget anticipates lower interest earnings because of the continued low interest rates. Mr. Swafford moved to approve the Monthly Financial and Investment Reports for June and July 2014 and the Quarterly Investment Report. Mr. Arnold seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 3. Contract Negotiations Committee Report Mr. Arnold said the committee had not met and there is no construction committee report.

6 SPORTS FACILITIES DEVELOPMENT CORPORATION MINUTES, AUGUST 25, 2014 PAGE 3 4. Construction Committee Report Mr. Giessner informed the committee that all the repairs and projects under phase 3 of the insurance funds are complete and ready to be closed out. 5. Finance Committee Report Mr. Swafford said the committee had met prior to the meeting and will bring item 6-9 for review. 6. Reimbursement to the City for April 1, 2014 through June 30, 2014 Mr. Swafford reported the expenses incurred by the city for the period April 1, 2014 through June 30, 2014, which is reimbursable by the Sports Corporation. The total due to the city in the amount of $7, is as follows: Staff Time $1, and $5, Out-of-Pocket Expenses. Mr. Freeman inquired if the staff salaries increase. Mr. Swafford said yes the staff salaries increase if the staff salaries increase in the City. Mr. Swafford moved to approve the invoice for reimbursable costs incurred on behalf of the Sports Corporation for April 1, 2014 through June 30, 2014 in the amount of $7, Ms. Clemson seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 7. Discuss Proposed Budget FY Mr. Swafford reviewed the proposed Sports Corporation s Budget for FY14/15. The consolidated budget is comprised of the following funds: 1. Operating Fund 2. Excess Sales Tax Fund 3. Oil and Gas Fund Also, included is a set of assumptions for the FY 13/14 projection and the FY14/15 proposed budget. Listed below are the significant items in the re-estimated and proposed budgets. FY 13/14 Re-estimate Interest earnings reduce from $40,000 to $27,000 as interest rates continue to stay low General Counsel fees reduced from $75,000 to $20,000 Miscellaneous expense increased from $62,500 to $98,666 due to the carry forward of expense on the Mayor s statue A transfer of $5.873 million to the city is proposed to take place in FY14. This includes a $4.873 million carryover from FY10, FY11, FY12 and FY13. Projects for the $4.873 million have been identified and approved by the board.

7 SPORTS FACILITIES DEVELOPMENT CORPORATION MINUTES, AUGUST 25, 2014 PAGE 4 FY 14/15 Proposed Budget Base rent projected to be $1,599,600 Additional rent project at $215,000 Misc. income projected at $50,000 for QT Park ground rent General Counsel fees estimated at $75,000 Miscellaneous expense includes $37,500 for lobbyist fees for nine months Lone Star Capital expenditures of $500,000 are included in the budget. No projects have been identified at this time. A transfer of $1,000,000 to the City is proposed to take place in FY15 Mr. Swafford informed the committee that this information is the same as presented at the last meeting. Mr. Swafford moved to approve the proposed budget for FY14/15 and amending of FY13/14 budget. Mr. Arnold seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 8. Resolution Approving $1 million Transfer to the City of Grand Prairie Mr. Swafford informed the committee that as part of the budget process it was determined that the Sports Corporation would have sufficient funds on hand during FY15 to transfer $1 million to the City of Grand Prairie. At this time no project has been identified. Funds will be held by the Sports Corporation until the City has identified a project and is ready to start construction. Mr. Garcia inquired how the projected are identified. Mr. Swafford said that City staff recommends the projects and brings them forward to City Manager s Office and City Council for approval. The Sports Corporation makes the allocation every year. Mr. Swafford moved to approve the resolution approving $1 million transfer to the City of Grand Prairie. Mr. Giessner seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 9. Resolution Contributing up to $500,000 to Global Gaming LSP, LLC for Capital Expenditures Mr. Swafford informed the committee that each year during the budget process the Sports Corporation allocates up to $500,000 on a dollar for dollar match with Global Gaming, LSP LLC ( Lone Star ). This resolution allocates up to $500,000 in the FY15 budget. Mr. Swafford moved to approve the resolution contributing up to $500,000 to Global Gaming LSP, LLC for capital expenditures. Mr. Freeman seconded the motion.

8 SPORTS FACILITIES DEVELOPMENT CORPORATION MINUTES, AUGUST 25, 2014 PAGE 5 The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 10. Resolution Approving Additional Expenditures under the Phase 3 Insurance Expenditures Mr. Giessner informed the committee that the original budget for phase 3 insurance expenditures was $789,888. In April the 2014 Lone Star began making upgrades to the 21 daily use suites which required an amendment of $38,179 for carpet replacement on levels 5 and 6. This brought the phase 3 total budget to $828,067. Since the last amendment Lone Star has discussed with the Board improvements to the RF Systems that control the video to the suites. This would improve the high definition reception in the suites. The cost for the RF enhancements is $18, To cover the RF enhancements the budget needs to be increased by $13, The remaining $5, will come from savings on the phase 3 improvements. The adjusted phase 3 budget would be $841, There is currently $304,845 available in unallocated funds in the insurance fund. If approved this will leave a balance of $291,751 in the insurance fund for future projects. Mr. Giessner moved to approve the resolution approving additional expenditures under the phase 3 insurance expenditures. Mr. Freeman seconded the motion. The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 11. Election of Officers Mr. Jensen informed the committee that the following incumbents have agreed to serve if reappointed to these offices: Vice President Secretary Treasurer Assistant Secretary Jim Swafford Bryan Arnold Tannie Camarata Gloria Colvin The bylaws establish one-year terms for officers of the Corporation. The President of the Sports Corporation is appointed by the City Council. Mayor Jensen was appointed President at the June 3, 2014 City Council meeting. Other officers are elected by the Board of Directors. Nominations are in order for these four officers, whose one-year term will be effective upon election. Mr. Jensen moved to approve the election of officers. Mr. Garcia seconded the motion.

9 SPORTS FACILITIES DEVELOPMENT CORPORATION MINUTES, AUGUST 25, 2014 PAGE 6 The motion carried with the following vote: Ayes: Jensen, Arnold, Clemson, Freeman, Garcia, Giessner and Swafford Nays: None 12. Report on Lease Agreement Mr. Arnold provided the committee with a historical review of Lone Star Park and report on the lease agreement. Adjournment There being no further business, Mr. Jensen made a motion to adjourn the meeting at 7:20 p.m. Mr. Swafford seconded the motion. Respectfully submitted, Bryan Arnold, Secretary

10 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: August and September Monthly Financial Reports and Quarterly Investment Report Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Monthly Financial and Investment Report for August and September 2014 and Quarterly Investment Report Monthly Financial and Investment Report August 2014.pdf Monthly Financial and Investment Report September 2014.pdf 2014 annual investment report Date Ver. Action By Action Result Title Monthly Financial and Investment Report for August and September 2014 and Quarterly Investment Report Presenter Tannie Camarata, Treasurer Recommended Action Approve Analysis The monthly financial and investment report for August and September 2014 and quarterly investment report are attached. City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

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33 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Construction Committee Report Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Construction Committee Report Final action: Date Ver. Action By Action Result Title Construction Committee Report Presenter Greg Giessner City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

34 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Contract Negotiations Report Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Contract Negotiations Committee Report Date Ver. Action By Action Result Title Contract Negotiations Committee Report Presenter Bryan Arnold City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

35 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Finance Committee Report Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Finance Committee Report Final action: Date Ver. Action By Action Result Title Finance Committee Report Presenter Jim Swafford City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

36 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Reimbursement to the City Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: 9/15/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Title: Reimbursement to the City for July 1, 2014 through September 30, 2014 Sponsors: Indexes: Code sections: Attachments: Reimbursement to City July 1, 2014 through September 30, 2014.pdf Date Ver. Action By Action Result From Tannie Camarata Title Reimbursement to the City for July 1, 2014 through September 30, 2014 Presenter Tannie Camarata, Treasurer Recommended Action Approve Analysis Consider the reimbursement to the City for staff time and out-of-pocket expenses for the period July 1, 2014 through September 30, 2014 Financial Consideration Attached is the billing from the City. The total amount of the reimbursement is $3, City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

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40 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Sports Corp meeting dates Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 9/15/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Sports Corporation 2015 Board Meeting Dates 2015 meeting dates Date Ver. Action By Action Result From Tannie Camarata, Treasurer Title Sports Corporation 2015 Board Meeting Dates Presenter Tannie Camarata, Treasurer Recommended Action Approve Analysis The Sports Corporation normally meets the Monday before the second City Council meeting of the even numbered months. Consideration was given this year to convert to quarterly meetings. Attached is a proposed schedule accommodating both meeting scenarios. Financial Consideration None City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

41 GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION PROPOSED 2015 BOARD MEETING SCHEDULE Current Format February 16, 2015 April 6, 2015 June 15, 2015 August 17, 2015 October 12, 2015 December 14, 2015 Quarterly Format February 16, 2015 May 18, 2015 August 17, 2015 November 16, 2015

42 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Lone Star Park Capital Expenditures Request Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: 10/6/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Resolution Approving the Allocation of $201,963 of Capital Expenditure Funds for improvements at Lone Star Park Attachments: Cap Ex matching request Date Ver. Action By Action Result From Tannie Camarata Title Resolution Approving the Allocation of $201,963 of Capital Expenditure Funds for improvements at Lone Star Park Presenter Greg Pittman, Global Gaming Solutions Recommended Action Approve Analysis The Sports Corporation has approved a total of $1,201,963 for capital improvements at Lone Star Park. The funds were approved as part of the following fiscal year budgets. FY13 $ 500,000 remaining funds $ 201,963 FY14 $ 500,000 remaining funds $ 500,000 FY15 $ 500,000 remaining funds $ 500,000 Totals $1,500,000 $1,201,963 The fiscal year 2013 remaining funds are required to be committed by the end of December 2014 or the funds can be uncommitted by the Sports Corporation. Attached is a request from Lone Star for matching funds for capital improvements at Lone Star. The total amount of the improvements is $551,000 of which the Sports Corporation would fund up to $201,963 on a split with Lone Star. The $201,963 would be applied to the FY13 funds which need to be committed before December 31, This will leave both the FY14 and FY15 funding available for matching capital City of Grand Prairie Page 1 of 3 Printed on 10/10/2014 powered by Legistar

43 File #: , Version: 1 improvements. Financial Consideration In addition to the unspent capital improvement funds there is $291,973 remaining in the insurance fund. Body A RESOLUTION OF THE GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION, INC. APPROVING THE ALLOCATION OF $201,963 OF CAPITAL EXPENDITURE FUNDS FOR THE IMPROVEMENTS AT LONE STAR PARK WHEREAS, the Grand Prairie Sports Facilities Development Corporation, Inc. (the Corporation ) has determined that the Lone Star Park is proposing improvements to Lone Star Park as shown on Exhibit A and has agreed to spend at least $551,000 on the projects and the Sports Corporation has a total of $1,201,963 approved for capital improvements in the FY13, FY14 and FY15 budgets but not yet identified projects; NOW THEREFORE, BE IT RESOLVED, BY THE GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION, INC. RESOLVED, that the Corporation be, and it hereby is, authorized to spend up to, but not exceeding, the $201,963 in the aggregate for the payment of one-half of the expenses of the capital improvements at Lone Star Park (the Improvements ) as shown on Exhibit A subject to the following conditions: (i) each payment by the Corporation for such expenses must be authorized by the Treasurer of the Corporation and the Chairman of the Construction Committee; (ii) Global Gaming LSP, LLC ( Lone Star ) shall be responsible for the payment of one-half of the expenses for the Improvements and shall be responsible for the payment of any and all expenses for the Improvements to the extent that the aggregate costs exceed $403,926 and (iii) Lone Star shall present the Corporation with plans and specifications with respect to the Improvements, and no expenditures will be authorized or expended prior to the Construction Committee s, in its sole discretion, approval of such plans and specifications; and be it further RESOLVED, that $201,963 be applied to the FY13 matching funds and be it further RESOLVED, that the appropriate officers of the Corporation be, and they hereby are, authorized and directed to do all other acts, take all actions and prepare all papers, instruments and documents in connection therewith which they, in their sole discretion, deem proper in order to accomplish and carry out the intents and purposes of the foregoing resolutions, and any and all actions previously carried out in accordance herewith be, and they hereby are, ratified, confirmed, approved and adopted as the official acts and deeds of the Corporation. PASSED AND APPROVED BY THE GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION, INC. OCTOBER 13, Ron Jensen, President ATTEST: City of Grand Prairie Page 2 of 3 Printed on 10/10/2014 powered by Legistar

44 File #: , Version: 1 Bryan Arnold, Secretary City of Grand Prairie Page 3 of 3 Printed on 10/10/2014 powered by Legistar

45 Exhibit A Capital Expense Project Request Matching Request 1. Remodel and upgrade the 2 ND Floor of the grand stands. This includes painting walls and columns similar to the silks floor that was completed two years ago. The replacement of the carpet in the finish line box seats. Replacement of all box seat TV s with a 19in flat screen HD and replacement of 8 32in TV s located on the back wall. The replacement of 750 chairs that are worn beyond repair with cushioned commercial banquet chairs. Finally this includes creating a more professional entrance into alysheba and replacement of the carpet on the ramp of the entrance Paint $31K Carpet $26k Box seat TV s $32k Alysheba entrance $8K Alysheba carpet $2k 750 chairs $29K TOTAL $128K 2. HVAC Restoration at the Bar & Book. There are 9 22-ton HVAC units located at the Bar & Book that are well beyond the end of life. This issue is causing inconsistency in temperate control and customer complaints. We are proposing replacing 3 units per year over the next 3 years. $106,000/year x 3 years 3. HVAC Cooling Tower Air Filtration Filtration is needed to reduce excessive wear on the chiller, boiler pumps and coolers throughout the building. R&M cost reduced and operational life increased. Significantly reduces the amount of dirt that enters the cooling tower from the track. $15, Environmental Management System Upgrade The EMS application gives the property the ability to adjust and monitor the temperature of each zone on each floor of the facility. This allows management to meet customers needs throughout the facility. This also gives management the ability to manage electrical consumption and is another step in turning LSP into a GREEN facility. $28, Central Control Irrigation System Needed to improve watering of turf race course and reduce water consumption. Adds automated weather monitoring and control allowing for more efficient operations. Also allows remote control and management. The net effect will be an improved turf racing surface while saving water consumption and is another step in turning LSP into a GREEN facility. $38,000

46 6. Courtyard Stage The Courtyard stage is used for small concerts during live racing and has become a very popular spot in between races. This area is also used for group sales for corporate events and family events. The current stage is worn and lacks the current world class standards of LSP. We are proposing a facelift that includes new exterior finishes, paint, and signage $10, Upgrade public Wi-Fi network LSP currently has 19 access points (AP's) total throughout the entire facility (GS & B&B). Each AP can accommodate approximately 100 connected users. Given the coverage area and users, the facility would ideally have between 60 to 70 AP's. The requested funds would upgrade the controller (current unit max's out at 25 AP's) and add an additional 21 AP's including 4 outdoor units to cover trackside, putting the total at 40. $34, Upgrade IT Firewall Watchguard x750 firewall currently in use was purchase in 2007 and reached end of life at the end of Watchguard no longer provides software updates for the hardware which leaves all IT systems vulnerable to threats. This includes customer and business systems $19, Upgrade Micros 9700 Micros is the Point of Sale (POS) application used for all retail and F&B operations. The existing application has reached end of life support from Microsoft. This is a mandatory upgrade to maintain support on POS venues. The upgrade will greatly improve the customer experience by increasing the speed of transactions $70, Hot Walkers There are currently round 70 hot walkers on the backside. These units are in various states of their life cycle. Many are beyond their life span. As we attempt to bring more horses back to LSP and attract new horses one issue we have is inadequate hot walkers. So we have been attacking this issue with a phased approach of replacing between 15 and 20 a year. We are requesting to replace $4,950 each. 20 units + $2,000 freight total = $101,000. TOTAL SPEND $551k

47 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Sports Corp. FY14 and FY15 Budget Amendment Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/7/2014 In control: Sports Facilities Development Corporation 10/13/2014 Final action: Resolution amending the approved FY14/15 and the FY13/14 Budgets Revised SC Operating and Sales tax funds Date Ver. Action By Action Result From Tannie Camarata Title Resolution amending the approved FY14/15 and the FY13/14 Budgets Presenter Jim Swafford Recommended Action Approve Analysis The FY14/15 budget was approved at the August 15, 2014 meeting. In addition the FY13/14 budget was amended. After the budgets were approved, discussions centered on why the funding of the contributions to the city were being made out of the operating account and if there was a restriction to using the sales tax monies to fund the contributions. The board requested that if there were no restrictions on the sales tax monies that the budget be brought back to the board to be amended to fund the FY13/14 and FY14/15 contributions to the city from the sales tax monies. The excess sales tax monies can not be spent on projects at Lone Star because of the $65 million cap on the racetrack project. At this time the sales tax money can be spent on City projects. The original FY13/14 budget and the FY14/15 both had $1 million contributions ($2 million total) to the city of Grand Prairie for unidentified projects. The resolution below changes the funding source from the Sports Corp. operating fund to the Sports Corp. excess sales tax fund for the $2 million of contributions that have not been identified. All previous contributions that have been identified and approved are still being funded from the operating fund. Attached are copies of the revised Operating and Excess Sales Tax Funds reflecting the change. The consolidated budget was not affected. City of Grand Prairie Page 1 of 2 Printed on 10/10/2014 powered by Legistar

48 File #: , Version: 1 Body A RESOLUTION AMENDING THE BUDGET OF THE GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION, INC. AS REVISED BY THE BOARD OF DIRECTORS AND ADOPTING IT AS THE BUDGET OF THE GRAND PRAIRIE SPORTS FACILITIES DEVELOPMENT CORPORATION, INC. FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 AND AMENDING THE FY 13/14 BUDGET. WHEREAS, the budget of Grand Prairie Sports Facilities Development Corporation, Inc. (the Corporation ) has been prepared by the Treasurer under the direction of the Finance Committee; WHEREAS, the FY13/14 and FY14/15 budgets have $1 million ($2 million total) each being funded from the Sports Corporation Operating Funds; WHEREAS, the Board or Directors wishes to fund the $2 million from the Excess Sales Tax Fund: Now, therefore, be it RESOLVED, that the Board of Directors hereby amends the FY13/14 and FY14/15 Budgets to fund the FY13/14 and FY14/15 contributions to the City from the Excess Sales Tax Fund, and be it further RESOLVED, that the appropriate officers of the Corporation be, and they hereby are, authorized and directed to do all other acts, take all actions and prepare all papers, instruments and documents in connection therewith which they, in their sole discretion, deem proper in order to accomplish and carry out the intents and purposes of the foregoing resolutions, and any and all actions previously carried out in accordance herewith be, and they hereby are, ratified, confirmed, approved and adopted as the official acts and deeds of the Corporation. PASSED AND ADOPTED, this 13th day of October Ron Jensen, President ATTEST: Bryan Arnold, Secretary City of Grand Prairie Page 2 of 2 Printed on 10/10/2014 powered by Legistar

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51 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Funding City Projects Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/7/2014 In control: Sports Facilities Development Corporation 10/13/2014 Discussion of Funding City Projects Final action: Date Ver. Action By Action Result From Tannie Camarata, Treasurer Title Discussion of Funding City Projects Presenter Ron Jensen, President Recommended Action Approve Analysis The City is working on the design of the EPIC. In addition to the EPIC there are other City projects such as Fire Station #10 which may require partial funding from the Sports Corp. This is a discussion item only. No formal action will be taken. Financial Consideration None at this time City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar

52 City of Grand Prairie City Hall 317 College Street Grand Prairie, Texas Legislation Details (With Text) File #: Version: 1 Name: Report LSP Type: Agenda Item Status: Agenda Ready - Committee File created: On agenda: Title: Sponsors: Indexes: Code sections: Attachments: 10/8/2014 In control: Sports Facilities Development Corporation 10/13/2014 Report from Lone Star Park Final action: Date Ver. Action By Action Result Title Report from Lone Star Park City of Grand Prairie Page 1 of 1 Printed on 10/10/2014 powered by Legistar