Metropolitan Entertainment & Convention Authority

“Meca provides each director a copy of the then-current instructions to form 990 on an annual basis. Prior to filing a final form 990 with the irs, meca provides each director a draft of the form 990. Meca responds to any questions, suggestions and recommendations of the directors and makes any subsequent required changes.”

“Meca provides each director a copy of the conflict of interest policy on an annual basis. Each director signs a certificate of compliance acknowledging that they have received and read the policy and that they are in compliance with the policy. In addition, each director is required to disclose annually those relationships that are required to be reported on schedule l of the form 990.”

“The board of directors has appointed two members to the internal governance committee. That committee reviews and approves all compensation. Compensation is approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions. Such review, including deliberations and decisions regarding compensation, are documented.”

“The board of directors has appointed two members to the internal governance committee. That committee reviews and approves all compensation. Compensation is approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions. Such review, including deliberations and decisions regarding compensation, are documented.”

“None of these documents are made available to the public.”

“Meca's mission is to relieve the burdens of the government through management and operation of government owned convention, sports and entertainment facilities located in omaha, nebraska. Meca manages and operates centurylink center omaha and td ameritrade park omaha.”

“Maintaining and growing attendance continues to be a main focus for meca and we successfully achieved this goal in fiscal 2015-2016. We welcomed 1.0 million visitors to our facilities. Several sold out concerts including performances by taylor swift, jason aldean, luke bryan, black sabbath, zac brown band and mumford & sons contributed to the attendance. In addition, the ncaa men's college world series and the olympic team trials for swimming helped finish the fiscal year strong. The swim trials straddled fiscal years, and only the days attributable to june are included in these results. We are optimistic about 2017. Omaha will host the joint longines fei world cup(tm) jumping and fei world cup(tm) dressage finals on march 29th through april 2nd. There will be a strong lineup of major concerts in 2017 including twenty one pilots, ariana grande, shawn mendes, neil diamond, blake shelton, eric church, tim mcgraw and faith hill, florida georgia line, new kids on the block, coldplay, and the lumineers. In addition, our convention business remains steady with 124 events utilizing 245 event days in the 2016/2017 fiscal year. Another important objective is our continued commitment to adequately maintain and reinvest in the facilities. Project funding comes from meca's operations and capital reserve fund. During fiscal 2015-2016, we upgraded the carpet on the club level at td ameritrade park omaha (tdapo) and refreshed the carpet and walls in the suites at centurylink center omaha (clco). We also upgraded the wireless access in the convention center, and are continuing the wireless upgrade work in the arena during fiscal 2016- 2017. These upgrades include adding free public wi-fi for arena guests. The lighting around the building has also been improved. In total, meca spent 1.7 million on various improvement projects at both clco and tdapo. These projects were paid for using meca's accumulated capital reserve funds, and following a bidding process that culminates with approvals at board meetings held in accordance with open meeting laws. Meca will also continue to focus on securing more conventions at clco to bring a greater number of visitors to omaha and in turn create a greater economic impact for the city. The capitol district development project at the corner of 10th and capitol is progressing and we believe it will be a positive addition to omaha's downtown. A new full-service marriott hotel, slated to open in 2017, will be the centerpiece of the development. Having an additional 333 hotel rooms within walking distance of clco will aid us in achieving our goal of growing convention business. Successfully managing tdapo for the city of omaha is another important responsibility for meca. Our employees take pride that the facility is the host for marquee events such as the ncaa college world series, and they work hard to make sure that the facility is clean and inviting for thousands of out of town visitors. In 2016, the big 10 baseball tournament returned and the big east will host its conference tournament at the ballpark in 2017. Meca received a fee of 85,949 and 88,861 respectively for the years ended june 30, 2016 and 2015 for managing td ameritrade park omaha. Fiscal 2015-16 was financially successful with profits before depreciation and amortization up 51% over the previous fiscal year. Meca generated 4.7 million dollars before depreciation and amortization and 1.6 million after depreciation and amortization. The table below provides the net profit generated before depreciation for centurylink center omaha for the past five years. Year net profit before deprec. Depreciation net profit after deprec. 2016: 4,749,000 3,112,000 1,637,000 2015: 3,153,000 2,915,000 238,000 2014: 3,283,000 2,764,000 519,000 2013: 3,617,000 2,048,000 1,569,000 2012: 2,776,000 1,807,000 969,000 it is important for meca to continue to generate profits in order to maintain a healthy capital reserve fund necessary to reinvest in the facility for years t”

“Ticket expense 2,226,392 0 0 building services 1,220,757 0 0 equipment rental & mainte 1,113,965 0 0 parking 1,038,243 0 0 audio visual 1,023,678 0 0 reserve funding - stadium 802,848 0 0 supplies operating 780,324 0 0 miscellaneous 577,443 0 5,272 facility fees 541,170 0 0 stadium construction adva 330,156 0 0 credit card fees 294,408 0 0 seating fees 136,900 0 0”