Ernest N. Morial - New Orleans Exhibition Hall Authority - - PowerPoint PPT Presentation

Ernest N. Morial - New Orleans Exhibition Hall Authority

Presentation to Fitch

October 9, 2012

Presentation Team

New Orleans Exhibition Hall Authority Bob Johnson General Manager Alita Caparotta Vice President of Finance and Administration (504) 582-3022 acaparotta@mccno.com Financial Advisor – Public Financial Management Lisa Daniels Managing Director (901) 682-8356 daniell@pfm.com Ryan Childs Senior Managing Consultant (901) 682-8356 childsr@pfm.com Bond Counsel – Foley & Judell LLP Meredith Hathorn Partner (225) 923-2476 mhathorn@foleyjudell.com Underwriter – Citigroup Global Markets Inc. Michael Hole Managing Director (561) 694-7088 michael.g.hole@citi.com Bill Corrado Director (212) 723-4879 william.m.corrado@citi.com Chris Hicks Director (919) 337-1487 christopher.hicks@citi.com

1

Agenda

• 1. Introduction

3

• 2. The Authority

6

• 3. Demographic and Economic Information

12

• 4. New Orleans Ernest N. Morial Convention Center

17

• 5. Security for the Bonds

26

• 6. Plan of Finance

31

• 7. Conclusion

35

2

Facility

• The Convention Center is the 6th largest convention facility in

the nation – [ ] square feet of exhibit space – [ ] square feet of meeting space – [ ] square feet of ballroom space – [ ] square feet of conference center space

• The entire building including both rentable and non-rentable

space exceeds [ ] million square feet

• Offers a downtown core location
• [Is known for its service and excellent award-winning catering]
• [Offers upscale finishes, abundant spaces for casual

networking and a world class art program]

• [More to come from Authority]

The Convention Center provides

19

Staff

• Top management has in depth experience and long tenure with the

facility

• The line staff also provides great continuity through low turnover and

substantial tenure – [Over XX% of our employees have been with the Center for over 10 years]

• [XX] Certified Meeting Professionals on staff, the highest number of any

convention center in the U.S.

• [The staff of the Authority have been recognized for their innovation and

capability]

The staff of the Authority is one of the strongest in the industry

[Picture]

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Convention Center Annual Events

• [ ]

– [X] largest in the country – [X] attendees

• [ ]

– [X] attendees

• [ ]

– [X] attendees

• [ ]

– [X] attendees

• [ ]

– [X] attendees

• [ ]

– [X] attendees

• [ ]

– [X] attendees

Future Bookings

• Contracts on the books

through [20XX]

• [XX] firm city wide

conventions currently on the books for future years

• Over [X] room nights
• Average attendance for

future events of [X] per convention

• Upcoming events

include: – Society for Neuroscience Annual Meeting – 22nd Annual CLEAN GULF Conference & Exhibition – 38th Annual Sheriff’s Thanksgiving Dinner

[Logos of events]

[Update]

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