Okay, everyone, um, let's go ahead and call this last work session to order of the day.

Um, we are noticed today from 210 to uh 310 p.m.

Uh we are going to be discussing the performing arts center or the pack or uh APCA if if you look at the uh yeah if you look at the budget from our prior work session.

Um and then I'll just note too we've had some technical difficulties, so I know we're starting a few minutes late.

Um I would ask members' indulgence that maybe we go to 3 15, but I know it's a it's been a late afternoon.

So um so we'll start with introductions and I'll ask our guests to introduce themselves and give a presentation.

Um so go ahead, member Baldwin Day.

Aaron Baldwin Day, Keith McCormick.

Felix Several on the phone, Mr.

Johnson.

I'm here.

Any other members on the phone.

Okay.

Uh we're also joined uh with uh let's say services staff.

Um uh we don't have assembly council at the moment, some members of the administration and members of the public.

So I am going to turn it to Ms.

Costello to do a presentation.

And uh before that, if you could also maybe just give brief introductions of uh folks in the room.

So go ahead and uh make sure to turn on the mic.

Um you just have one on at a time, and then when the button is green, you can speak into it.

Thanks.

Okay, there we go.

Thank you so much.

Um my name's Cody Costello.

I'm the president and chief operating officer of Alaska Center for the Performing Arts Inc.

Uh that's the nonprofit management company that operates the municipalities uh facility, also known as the same name, but also as the PAC.

Uh today we have a number of folks with us, and so I'm going to introduce um we have uh six board members with us, uh Leah Boltz, Dick Rostin, Mickey Becker, Bill Maynard, and uh we uh next to me I have Galen Postasil and Mark Feynman.

Did I miss anyone?

Um with staff and uh uh resident company representatives.

We have um Alex Husman, who is our communications manager, Mary Grace McManus, our community engagement manager, Wendy Odin and Shallon Clark, directors of event management and production.

We have John Frazier, Director of Ticketing, Curtis Waller, uh Programming and Contracts Manager, and we have Aaron Keeling, Audience Services Director, and representative with the Symphony is Colin Middleton.

So thank you all for being here.

Um so I'll just go ahead and get started.

Okay.

Um, I just want to share a little background on me.

Um I have been um president and chief operating officer at the performing arts center five weeks before COVID was my first day.

So it was that it's been an exciting uh journey.

Um and I just want to say thank you for the opportunity to meet with you today.

Um I'm sorry we don't have the presentation up, but you can follow along.

I'll I'll do a beep or something to let you know when I'm switching slides.

Um we're grateful to share time with you as your nonprofit operator and partner.

Um we steward and operate the performing arts center and have done so since the facility opened.

Uh we understand the many pressures that the municipality and the assembly face right now.

So I want to make sure to acknowledge that and to sincerely thank you and the administration for continued service and commitment on behalf of our entire community.

So thank you so much.

Um we echo the need to make a multi-year plan, and that's part of what we're here to talk about today.

And thank you to Bill and the mayor's office for all the work that we're doing to develop a new way forward, and um that's part of what we'll kind of give an overview today to share more information.

So with that in mind, um, the information that we want to share today is really about setting the setting the um stage, not to use a theater term, but to develop a shared plan um to ensure a healthy and sustainable future for both the performing arts center known as the PAC and our nonprofit organization, ACPA.

Um, and that is entrusted with its care.

So for over 35 years, our partnership has embodied what is possible uh when public vision and private commitment unite.

The PAC, as you know, is owned by the municipality and operated by our nonprofit team.

And it's more than a building.

It's the heartbeat of our creative community and our city.

We are home to eight amazing resident companies, dozens of local and national partners, and we are a catalyst for cultural and economic activity downtown.

So the PAC has delivered immense value, but after decades of service, the facility needs critical capital investment, and our management agreement and earned fee needs to be right sized to reflect the scale and demands of the work.

So together, I know we can ensure and secure the PAC's future as a vibrant welcoming home for the arts.

So moving on to the second slide, I want to talk about why the performing arts matters.

We're a place where and the center itself.

We're a place where anchorage comes together and it comes alive.

It's where stories are told and voices are lifted.