Speaker numbers apply only to this recording.
The Mobile City Council Finance Committee, chaired by Councilman Josh Woods and including Councilman Reynolds and Councilwoman Ingram, convened on November 3, 2026, to receive a status update on the Regent's Arena construction and to review the administration's response to the fraudulent $14.7 million financial transaction.
The mobile city council finance committee meeting, finance committee. Um, the uh members are myself, uh Josh Woods, uh, we have council member reynolds and also councilwoman Ingram. Uh so in order to to keep this on track, uh, maximize the time you're sharing here together. We're gonna uh we're gonna go ahead and get started. Um, I do know that I guess um kind of the or I'll go ahead and just recap the purpose of this. Um obviously this finance committee meeting um as a result of the news that we found out. Um, I guess it was uh last week or week before last uh regarding the 14.7 million dollar transaction and uh also uh any any information or updates that can be provided over the course of the last week. Uh members of the public, our residents, our constituents um have communicated with uh with us as council members and women, men and women, and uh we now have grant gather those information. We provided them to the administration in hopes that uh you know we can fully walk through these questions uh with uh with answers and those that can be provided in a timely fashion. Um in addition to that, uh we did ask for an update uh regarding the civic center um and and where the where that that that is as well. Um and so that being said, I I'll turn it over to the administration. I I think the best way to work this, and I think that uh we've we've talked about this. Uh the best way to work this is to just allow you guys to walk through these questions um and provide any answers that could be possibly provided to us. Um understanding that this there is an investigation, an ongoing investigation occurring. Um, and then also I do believe that um I did hear a word that y'all had a presentation or or some sort of uh presentation regarding the status of the civic center. Um so that being said, I I'll turn it over to you guys, um, whichever y'all would like to walk through first. Um I would ask uh and I've I've talked to my colleagues. I would ask that the the presentation of regarding the civic center be uh contained down to 10 minutes if possible, um, so that we can move on to the other on the other issues or the other questions that uh that we had. On that being said, I would defer to you guys. I don't know if it's easier, more more time constrained, uh, you know, more I guess facilitating the time uh to do the civic center first and then the questions. But um my goal here is to let's re-examine after an hour, but I'd like to keep this meeting to an hour or shortly after an hour as out of respect for everyone's time. Uh maybe we should start with the civic center if we're gonna be limiting that to 10 minutes. It's perfect. We're gonna start with a report on the civic center. Arena, I'm sorry repeating his words. The region's arena. My sorry, I'm sorry. Good afternoon, council members. Uh so we'll uh we'll try to keep this brief. If uh you can go to the next slide and question so just uh I'll get started on on the schedule regarding the schedule. Right now, the arrangements were approximately 75% complete with the construction. Uh currently scheduled to be substantially complete and open for the first event on March 25th, 2027. And then there will be some remaining punch list and another back of house work that will be completed between uh March 25, March 25th and the end of April when the contract uh is complete. Um the status of the work and where we're we're at in uh in big pictures. Uh everyone can probably tell the exterior skin on the building is is essentially complete, uh, other than we have some facias and soffits and flashings to do. Uh, and then if you will just hang on with the slideshow, I'll get to those in a minute. Go back to the right there. Okay. So and then uh basically we're also in the process of forming and placing concrete for all the hard hardscape around the building, sidewalks, and ADA ramps, etc. Uh our interior framing is substantially complete, other than the commissary kitchen area and the back of the house. Uh drywall finishing and painting, those are ongoing. We're about uh 85% complete on uh all the drywall work, and then tile work and all the uh restrooms and the market areas and the bar areas.