Minutes of the FARGODOME Authority meeting
A regular meeting of the Fargo Dome Authority was held on Tuesday, February 23, 2021 at 3:30 p.m. in FARGODOME Meeting Room 203 with President Blake Nelson presiding.
Members present: President Blake Nelson, Troy Goergen, David Suppes, Michael Ellingson (via phone), Nancy Jordheim (via phone), Dan Armbrust (via phone) and Rick Steen (via phone).
Members absent: None
Members absent: None
Others present: Ryan Green – City of Fargo; Sarah Dykema, Director of Sales and Marketing – FARGODOME; Amanda Muellenbach, Administrative and Auxiliary Services Manager – FARGODOME; Bernie Larson, Assistant General Manager – FARGODOME; Susan Thompson, Director of Finance – FARGODOME and Rob Sobolik, General Manager – FARGODOME.
Media present: Barry Amundson – The Forum
President Blake Nelson called the meeting to order at 3:34 p.m.
Dan Armbrust made a motion, seconded by Mike Ellingson, to approve the agenda of the February 23, 2021 Fargo Dome Authority meeting as presented. Motion carried.
Rick Steen made a motion, seconded by Nancy Jordheim, to approve the minutes from the January 26, 2021 Fargo Dome Authority meeting. Motion carried.
Rob Sobolik presented the General Manager’s report as follows:
• Year-to-Date Net Income through January 2021 is stated at -$177,681 which is a positive variance (to budget) of $18,462.
Upon review, David Suppes made a motion, seconded by Rick Steen, to approve the January 2021 financial statements as presented.
On call of the roll, Armbrust, Ellingson, Goergen, Jordheim, Nelson, Steen and Suppes voted aye.
Absent and not voting: None
The motion was declared carried.
• Review of Past and Current Events:
The RRV Boat and Marine Show was held January 29-31, 2021. ND HS State Wrestling Tournament was held February 18-20, 2021. NDSU Football vs. Youngstown State was held February 21, 2021. RRV Sportsmen’s Show will be held March 4-7, 2021. NDSU Football vs. Illinois State will be held March 13, 2021. NDSU Football vs. UND will be held March 20, 2021.
David Suppes presented the Fargo Dome Authority Building and Finance Committee report. The Fargo Dome Authority Building and Finance Committees met on Wednesday, February 17, 2021. Items discussed included:
• 2020 Audit Presentation: Jamie Fay from Eide Bailly reported to the committees on the 2020 Audited Financial Statements. Please see attached report.
The Finance Committee accepted a motion to approve the 2020 Audit as presented.
• January 2021 Financial Statements: The January 2021 Financial Statements were approved by the Finance Committee at the meeting on February 17, 2021.
• Project Updates:
o Dressing Room & Catering Room Remodel - The project has received a certificate of completion from the City. Rob noted that there are some small items still being addressed.
o Canopy Repairs – Through general building inspections it was noticed that some of the support columns in the building had some shifting and cracking. RL Engebretson and Heyer Engineering are completing a more thorough inspection. Most of the repairs will be minor structural and cosmetic along with caulking the joints all the way around the outside of the building. Repairs will be paid from the surplus fund. A request for proposal will go out in March. The proposals along with a financing plan will be presented at the April meeting. The project would start at the beginning of June and go through the end of July.
o LED Lighting Upgrade Study –Vareberg Engineering is studying the facility for a potential move to LED lighting. While they are looking at all areas of the building the priority would be the concourse and concourse corners. They will also look at other areas for upgrades including areas of drop/false ceilings that need replacement and the carpet and wall coverings in the meeting rooms. More information on this project will be available at upcoming meetings.
• Escrow Balance & Performance Reports: The FARGODOME permanent fund performance, year-to-date, through December 2020 is 14.39%. Please see attachments.
David Suppes made a motion to approve the Building and Finance Committee report as presented.
On call of the roll, Armbrust, Ellingson, Goergen, Jordheim, Nelson, Steen and Suppes voted aye.
Absent and not voting: None
The motion was declared carried.
David Suppes made a motion, seconded by Troy Goergen, to approve the 2020 Audit report as presented.
On call of the roll, Armbrust, Ellingson, Goergen, Jordheim, Nelson, Steen and Suppes voted aye.
Absent and not voting: None
The motion was declared carried.
The next Fargo Dome Authority meeting will be on March 30, 2021 at 3:30 p.m.
There being no further business, the meeting was adjourned at 3:54 p.m.