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CITY OF SOUTH BEND OFFICE OF THE CLERK He went on, And so we are going to embark upon a $2 million dollar renovation of that space to be able to host eSports here in South Bend. We will be an early adopter to having brick and mortar that's dedicated to eSports. What I mean by that is the active gaming that can be one (1) person against one(1)person or a team of six(6) against a team of six(6). By way of example,they filled the United States Tennis Association Center court in Flushing, New York where the prize was $3 million dollars to a sixteen(16)year old that won that competition. So,while we're not necessarily awarding$3 million dollars anytime in the future,what that means and how that's coming together is just incredible in terms of the response that we've had with stakeholders along the way. Presuming that the funding all lines up for that, you could see us with that restoration starting as of January 2 and then being in the spot where we would have gaming taking place within the Bendix sometime mid-summer of 2020. Mr.Jarnecke continued, I should also say that does not diminish or limit the ability for our existing stakeholders to have a meeting in there, to have church service in there on Sunday morning,to do anything they're doing in there today,but do it better. So,our existing stakeholders have reaffirmed their commitment to staying with us and to using that room even more. We're able to introduce a new revenue stream while maintaining the existing business in this space and we're really proud and excited about that development. Fund #670, which is on page seventeen (17), I've got in the presentation you have before you, significant growth. I'm pleased to share that we're now out through 2023 with books or events on our books at the Century Center where a number of years ago where we weren't in that position at all. We're going to book more than 15,000 almost 16,000 hotel rooms within the community to drive that economic impact. So,I'm really proud of the team's effort and our relationship with SMG, who's responsible for the sales and marketing, food and beverage, and event management in addition to the City staff that help run the building. With that, because it just takes that much more food to run those events and that much more labor to run those events, we're going to see expenses increase as well within the building by seven percent (7%). But, pleased to be in a spot where we're almost breaking even on that $5 million dollar budget overall. Mr.Jarnecke went on, I should note that we're not asking for this$57,000 to come from the General Fund. Century Center at this point in time is not reliant on the General Fund. We will hopefully close that gap and be in a spot that we were this past year where we're in the black as well to the tune of almost $200,000 in the Century Center operation. We will fund that either out of the existing cash reserves or capital on the Century Center. But wanted to bring that to the Council's attention. The work and the budget associated with the Century Center for next year. This is the one(1)brief slide(referencing a slide in the presentation)relative to the Century Center. I'm happy to answer any questions from the board. Councilmember Tim Scott asked, Are you seeing any increases due to the new hotel space? Mr. Jarnecke replied, Without question. Councilmember Scott followed up, Do you guys get updates on the occupancy of those hotels? Mr. Jarnecke replied, We do. Councilmember Scott then asked, How's that been? EXCELLENCE ACCOUNTABILITY 1 INNOVATION INCLUSION EMPOWERMENT 455 County-City Building 227 W.Jefferson Bvld South Bend,Indiana 46601 p 574.235.9221 f 574.235.9173 I Ili 574.235.5567 www.southbendin.gov 8