HomeMy WebLinkAbout2021.03.02 PPFD MinutesPASCO PUBLIC FACILITIES DISTRICT BOARD
MARCH 2, 2021
MEETING MINUTES
Call to Order:
Pasco Public Facilities District (PPFD) Board President Morrissette called the meeting to order
at 4:03 PM remotely, via GoToMeeting.
Roll Call:
BOARD MEMBERS
CAROLINE BOWDISH Board Member— Secretary/ Treasurer
LEONARD DIETRICH Board Member
MARIE GILLESPIE Board Member — Vice President
SPENCER JILEK Board Member
MARK MORRISSETTE Board Member - President
COUNCIL & STAFF
ZACH RATKAI
DAVID MILNE
CRAIG MALONEY
ERIC FERGUSON
DAVE ZABELL
ADAM LINCOLN
DEBBY BARHAM
Approval of Minutes:
Admin. & Com. Services Director
City Council Liaison
City Council Liaison
City Attorney
City Manager
Deputy City Manager
City Clerk
Present (Virtually)
Present - Arrived
(Virtually) at 4:19 PM
Present (Virtually)
Present (Virtually)
Present (In -Person)
Present (In Person)
Present - Arrived
(Virtually) at 4:03 PM
Present (In Person)
Present - Arrived
(virtually) at 4:04 PM
Present - Arrived (in-
person) at 4:03 PM
Absent
Present (In Person)
Ms. Bowdish moved and Dr. Jilek seconded a motion to approve the minutes of the January 19,
2021, meeting. The motion carried unanimously.
Mr. Milne arrived virtually at 4:03 PM.
New Business:
1. Financial Analysis of Proposed Aquatic Facility
Mr. Zabell noted that based on the last PPFD Board meeting, City staff enlisted the help from
Mr. Steve Nolen, a former Finance Director and City Manager, to provide a third -party
financial review of PPFD available funding for an aquatic facility.
March 2, 2021 PPFD Minutes Page - 1
Mr. Ratkai explained the methodology of Mr. Nolen's Financial Analysis including the areas
and reports he reviewed through a PowerPoint presentation provided by Mr. Nolen.
Discussion ensued regarding Sales Tax assumptions, the final Financial Analysis, Bond
Counsel, purchase of the site (real estate), Ballard -King Study and the ability to combine all
the elements into an understandable form that the PPFD Board can understand and relay to
anyone on the street that may ask questions related to it.
PPFD Board agreed that staff would provide the Financial Analysis report in the next few
weeks so that the Board members may have an opportunity review the report.
After the report is reviewed by the Board members, the PPFD Board will meet in a workshop
to review the report as a collective and have the opportunity to ask questions and tweak the
report.
Next regular meeting was scheduled for April 20, 2021.
Adjournment:
There being no other business, the meeting adjourned at 5:10 PM.
rk MorrissJtte, President
Debra Barham, Pasco City Clerk
APPROVED this 4th day of May, 2021
March 2, 2021 PPFD Minutes Page - 2