JEKYLL ISLAND-STATE PARK AUTHORITY

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The Jekyll Island State Park Authority (JIA) committees met in Public Session on Monday, September 25, 2017 at the Convention Center on Jekyll Island, GA. Members Present: Mike Hodges, Chairman Bill Gross, Secretary/Treasurer Joy Burch-Meeks Joe Wilkinson Buster Evans Members via Teleconference: Bob Krueger, Vice Chairman Commissioner Mark Williams Members not Present: Bill Jones III Trip Tollison Staff Present: Jones Hooks, Executive Director Marjorie Johnson, Chief Accounting Officer Noel Jensen, Sr. Director of Facilities and Public Services Meggan Hood, Sr. Director of Marketing Ben Carswell, Director of Conservation Jenna Johnson, Director of Human Resources Bruce Piatek, Director of Historic Resources Jim Broadwell, Project Manager Daniel Strowe, Legal Associate Dion Davis, Executive Director, Jekyll Island Foundation Linda de Medicis, Executive Assistant and others Various members of the public and press were present. Chairman, Mike Hodges called the Committee session to order at 9:30 a.m., introduced those participating via teleconference and a quorum was established. Jones Hooks, Executive Director reported on the impacts of Hurricane Irma on Jekyll Island, stating that though there were some homes that sustained damage from fallen trees or flooding, the island fared well through the storm. JIA staff continues to work diligently on recovery of the island. Though resources for Hurricane Irma were limited, JIA thanks Georgia Power, Georgia Department of Natural Resources and the Georgia Department of Transportation for their continued assistance with recovery of the island. Hooks called, Noel Jensen, Chief Operations Officer, Ben Carswell, Director of Conservation, and Cliff Gawron, Director of Landscaping and Planning for a special report on Hurricane Irma. Clean up is 45% complete with over 6,000 cubic yards of debris collected in the first 8 days after the storm. The island experienced 7 water main breaks during the storm and 6 of the 18 beach crossovers remain damaged and not usable. Irma brought 8.5 hours of tropical storm force winds and 2 gusts at hurricane force of 77.5 mph, as compared to 5.5 minutes of sustained tropical force winds during Hurricane Matthew last year. The highest water level recorded was a little over 10 feet, one hour prior to high tide. The storm surge on the beach side was approximately 6 feet and on the marsh side of the island, 4 feet. Thousands of trees across the island were damaged during the storm. Trees within 300 yards of the ocean experienced salt spray damage, causing the leaves to brown and appear dead. The trees damaged by salt spray should recover over time. Public comments: Trish Clements, resident, asked for clarification of Jekyll Island ownership and the Tree Ordinance.

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Pat Parsons, resident, asked if the golf courses would be open by the Georgia Florida Tournament and if there were any outside agencies to help with the preservation and restoration of the plants and trees lost, especially at the Cottages. Ame Ivanov, President of the Jekyll Island Citizens Association, expressed concern regarding Clam Creek marsh path bridge restoration for bicyclist and birders. Mindy Egan, resident, asked if geotechnical studies should be required for development and expressed concern regarding future developments planned for the ocean side of the island. Beverly Hopkins, resident, commented on the loss of dunes and asked how to better protect them from individuals crossing through on the way to the beach. Historic Preservation/Conservation Committee: Committee Chair, Bob Krueger called Ben Carswell to introduce, Jessica Cochran with Taylor Engineering, Inc. for a Fortson Pond Modeling Restoration Study review. Ms. Cochran gave a brief project introduction, reviewed the hydrodynamic model development and existing conditions, and presented the proposed design recommendations to improve the tidal flows through the pond. Radiance Solar is proposing to partner with JIA to submit an application through Georgia Power’s Renewable Energy Development Initiative Program (REDI) to site a one megawatt solar power generating facility on a portion of the old landfill site in the northern interior of the island. The land is currently classified as developed due to its former status as a permitted landfill. The proposed Solar Farm project will be subject to all appropriate due diligence including a full geotechnical evaluation and JIA Environmental Assessment Procedure. Should JIA be accepted into the REDI program, an offer from Georgia Power to accept the project would come with no obligation to proceed. Preliminary options proposed by Radiance Solar to lease the land for the facility range from $18K per year/20 years to $30K per year/35 years. This is a non-binding and there is no guarantee Georgia Power will accept this project in the program. Staff requested approval to authorize Radiance Solar to request a Preliminary Interconnection Study from Georgia Power on JIA’s behalf to confirm the project’s eligibility for the REDI program. Further, if eligible, Radiance Solar is authorized to submit an application for inclusion of the Jekyll site by Georgia Power in the REDI lottery for potential acceptance into the program. Mr. Gross moved to approve; seconded by Ms. Burch-Meeks. Unanimously approved. Through the Tesla Motors’ Destination Charging Program, EnviroSpark Energy Solutions Inc., has submitted a proposal to fully subsidize the installation and equipment costs for 22 electric-car charging stations on the island. The charging stations would be distributed across three locations on Jekyll Island where existing electrical infrastructure is currently in place to support installation and provide for universal charging compatible with all mass-market electric-cars. Jekyll Island Club Resort has agreed to absorb the costs for a station in the Morgan Center parking area. Initial electricity expenses, estimated in consultation with Georgia Power, are cautiously over-estimated to be roughly $1000/year to JIA. The investment would position JIA to take maximum advantage, ahead of competitors, of the expansion of the electric car driver market. Ms. Burch-Meeks moved to approve the proposal from EnviroSpark Energy Solutions; seconded by Mr. Hodges. Unanimously approved. Krueger concluded his report. Public comments: Larry Phillips, resident, suggested doubling the amount of charging stations. Vance Hughes, resident, commented that the lodging properties, in which he has a vested interest, are also considering this program to expand car charging services for their guests. Rich Van Iderstyne, resident/owner of Red Bug Motors, offered his support of the action and willingness to assist and support through sponsorship of the endeavor.

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Finance Committee: Committee Chair, Bill Gross, reviewed the financials, traffic counts, Convention Center revenues, and hotel reports for August 2017. Jones Hooks, Executive Director, reported that Hurricane Irma will have budgetary impacts for September, and although August numbers were better than the prior year, some categories missed their projected revenues due to inclement weather. Should the weather trends continue, further budget amendments may become necessary. The timing of Hurricane Irma coincided with the Shrimp and Grits Festival, therefore the event was canceled. The event could not be rescheduled or shifted to another weekend due to the size of the festival and the vendor’s schedules. The budgetary impact of canceling the festival is estimated at $398k net in revenues and over $40k in expenses and vendor refunds. Hotels, restaurants and retail businesses on the island were also significantly impacted due to the cancelation. The FY17 contribution to reserves will help offset the budgetary impacts, but there may be additional adjustment necessary due to shortfalls. Gross concluded his report. Public comments: None Human Resources Committee: No Report. Marketing Committee: Committee Chair, Joy Burch-Meeks, stated that while Shrimp and Grits is a critical part of JIA’s budget, the decision to cancel the festival was appropriate. Meggan Hood, Sr. Director of Marketing, reported island recovery marketing continues through the JIA website, social media, email, media relations and paid media outlets, promoting that Jekyll is open and ready to welcome visitors back. The 31•81 publication is still on schedule for release in October/early November. In consideration of the island-wide and regional impacts of the cancelation of the 2017 Shrimp and Grits Festival, JIA thoughtfully considered the logistics and planning involved in order to reschedule the event. Given factors that included vendor availability, staffing, infrastructure, and dates, the JIA has created a one-time only event mash-up entitled “Merry Shrimpmas”. The event will be held over two days, November 24th and November 25th. This one-time event will combine elements from the Tree Lighting and Shrimp and Grits Festivals. Merry Shrimpmas will take the best from each event with shrimp and grits vendors, an artist’s market, music, kid’s zone, lighting of the tree, Santa, holiday activities and fireworks. Ms. Burch-Meeks encouraged the community and the Board to promote Merry Shrimpmas as a fun unique one-time event and concluded her report. Public comments: None Legislative Committee: Committee Chair, Mr. Joe Wilkinson, reported on the positive comments from State Legislature members who attended conferences on the island recently. Committee of the Whole: Dion Davis, Executive Director of the Jekyll Island Foundation (JIF), updated on the Board on the evolution of the JIF brand and website, and the new membership program. The logo has been re-designed to mirror the JIA logo and color palate. The website includes JIF current initiatives, expanded giving opportunities, an interactive achievement map, partners recognition, and many other new enhancements. Davis thanked Ocean Oaks and T2H Advertising for their contributions to the website and design. The new membership program is a multi-tiered platform, designed to encourage donations. There are 5 different donation levels ranging from $35 to $5,000. Each member receives certain benefits based on donation level. Ms. Davis thanked JIA for the support of the Foundation and introduced new development associate, Mollie Cole. Dave Curtis, Co-Managing Principal, Leon N. Weiner & Associates (LNWA) presented the Courtyard by Marriott/Residence Inn Preliminary Schematic Design. Curtis introduced the development team and reviewed the design and site plan. The proposed development, a dual brand, Courtyard by Marriott and Residence Inn, is a joint venture between LNWA and New Castle Hotels and Resorts. The four-story hotel will house 208 rooms (90

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Residence Inn/118 Courtyard by Marriott), and share a central lobby, outdoor common space, family and adult pools, and beach access. The plan provides for 230 parking spaces and a landscaped entrance through a porte cochere. Once the approval process is completed, construction should begin September 2018 and be completed within 18 months. Though housing two brands, the exterior of the hotel would be consistent. Each brand has a unique set of rooming options to appeal to different travelers. The preliminary schematic design was provided to the Board for review and comments. Hooks presented the Naming Committee recommendations for beach accesses, the north parking area and the pond located on South Riverview Drive to better define the area names and provide clarity for fire and rescue. Previously known as: Revised to:

Great Dunes Park Great Dunes Beach Park South Dunes Picnic Area South Dunes Beach Park St. Andrews Picnic Area St. Andrews Beach Park Clam Creek Picnic Area Clam Creek Beach Park Glory Beach & Glory Boardwalk Glory Beach Park North Parking Lot Oceanview Beach Park Ski Rixen or Rixen Pond Tidelands Pond

Mr. Wilkinson moved to approve the name changes as recommended by the Naming Committee; seconded by Dr. Evans. Unanimously approved. Ben Carswell updated the Board on the north beach revetment repair. Applied Technology and Management (ATM) has been retained for the engineering, stakeholder engagement and regulatory permitting for the revetment rehabilitation project. ATM has been provided photographic documentation of the area, post Hurricane Irma, erosion impacts as they relate to the revetment, and the adjacent properties that suffered erosion due to the storm. The first institutional stakeholder workshop was canceled due to the evacuation, and ATM is in the process of rescheduling. Changes on the beach may require another topographic survey to document current conditions. This will not slow down the timeline and may be critical in discussions with the Federal Emergency Management Agency to show the additional, documented, damage to the revetment. This is an 18-month project that requires Federal and State permitting. During a conference call last week, ATM was asked to continue to move the project forward as quickly as possible. The call included representatives at the Cottages, Villa’s by the Sea, the Georgia Department of Natural Resources (GDNR) and JIA. GDNR is working with both entities to move forward immediately with stabilization. Carswell added in light of the recent storms and continued erosion, a precautionary standpoint with regards to shoreline change on barrier islands should be considered. Hooks reviewed the grant agreement from the Coastal Regional Commission in the amount of $17,000 to complete an additional 200 feet of the Coastal Greenway Project on the Jekyll Island causeway. Mr. Wilkinson moved to approve acceptance of the grant; seconded by Mr. Gross. Unanimously approved. The Board reviewed the proposed 2018 Jekyll Island Board of Directors meeting dates. Mr. Gross moved to approve the 2018 dates as proposed; seconded by Mr. Wilkinson. Unanimously approved. Chairman Hodges asked about tree loss and damages at the Cottages and Ocean Oaks. Mr. Gary Wadsten, Carolina Holdings Group, answered that only the boardwalk stairs at the Ocean Oaks development were damaged. Some of the homes at the Cottages received water penetration, nearly every tree was taken down and most of the dunes behind the project were lost. Along the southern end of the development, an old concrete wall was uncovered and essentially stopped the erosion beyond the barrier. The northern oceanside of the area, with proper permissions from JIA and DNR, is currently undergoing emergency shoreline armament. Hooks reviewed the room counts on Jekyll Island pre-revitalization as compared to today. The total number of hotel rooms prior to the revitalization of the island totaled 1,528. Currently, there are 1,105 hotel rooms, with 315 planned, for a total of 1,420. There are 163 total homes planned in the Cottages and Ocean Oaks developments.

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The Golf Request for Information (RFI 240) has been released and twenty (20) individual companies have made reservations to attend the Golf Showcase. RFI responses are due on October 6th. Responses to the RFI will be provided to the Board for review and discussion during the November Board Working Session. The informational responses will not require Board action. Hooks provided the Board with a copy of the Strategic Plan submitted to the Office of Planning and Budgets, as some of the projects will shift in anticipation of budgetary shortfalls due to the impacts of Hurricane Irma. Hooks concluded his report. Chairman Hodges thanked the JIA staff, Commissioner Mark Williams and his staff at the Georgia Department of Natural Resources, the Department of Transportation, and the Glynn County Joint Water Sewer Commission for their help with the island’s recovery. Hodges recognized the marketing staff for the creative response to the cancelation of the Shrimp and Grits Festival, Merry Shrimpmas. Public comments: Alice Keyes, Vice President of Coastal Conservation, 100 Miles, commented on recovery efforts and shared her observations of storm impacts and hurricane response planning as it relates to revitalization. Chairman Hodges adjourned the Committee Session and moved directly to the Jekyll Island Authority Board meeting at 12:10 p.m. Jekyll Island Authority Board Meeting Minutes: Chairman Hodges called for a motion to approve the minutes of the August 21, 2017 Board of Directors meeting. Mr. Wilkinson moved to approve; seconded by Mr. Gross. Unanimously approved by the Board. Historic Preservation/Conservation Committee: Recommended approval to authorize Radiance Solar to request a Preliminary Interconnection Study from Georgia Power on JIA’s behalf to confirm the project’s eligibility for the REDI program. Further, if eligible, Radiance Solar is authorized to submit an application for inclusion of the Jekyll site by Georgia Power in the REDI lottery for potential acceptance into the program. Unanimously approved by the Board. Recommended approval of the EnviroSpark Energy Solutions Inc. proposal to fully subsidize the installation and equipment costs for 22 electric-car charging stations on the island. Unanimously approved by the Board. Committee of the Whole: Recommended approval of the Naming Committee recommendations for beach accesses, the north parking area and the pond located on South Riverview Drive. Unanimously approved by the Board. Recommended approval the Coastal Regional Commission grant in the amount of $17,000 to complete an additional 200 feet of the Coastal Greenway Project on the Jekyll Island causeway. Unanimously approved by the Board. Recommended approval of the 2018 Board of Director’s meeting dates. Unanimously approved by the Board. There being no additional items to bring before the Board, Chairman Hodges adjourned the meeting at 12:13 p.m.

VE AGENDATATIVE AGENDA

The Jekyll Island Authority (JIA) committees met in Public Session on Monday, September 25, 2017 at the Morgan Center.

Members Present: Mike Hodges, Chairman Bill Gross, Secretary/Treasurer Joy Burch-Meeks Joe Wilkinson Buster Evans

Via Teleconference: Bob Krueger, Vice Chairman Mark Williams

Members Not Present: Bill Jones Trip Tollison

Meeting Summary

Historic Preservation/Conservation Committee A.) Approved pursuing the Solar Energy Farm through Georgia Power’s

Renewable Energy Development Intiative Program. B.) Approved moving forward with the EnviroSpark Energy Solutions Inc., Tesla

Motor’s Destination Charging Program (22 universal charging stations).

Committee of the Whole A.) Approved August 21, 2017 Board Meeting Minutes B.) Approved Naming Committee Recommendations:

Previous known as: Revised to: Great Dunes Park Great Dunes Beach Park South Dunes Picnic Area South Dunes Beach Park St. Andrews Picnic Area St. Andrews Beach Park Clam Creek Picnic Area Clam Creek Beach Park Glory Beach & Glory Boardwalk Glory Beach Park North Parking Lot Oceanview Beach Park Ski Rixen or Rixen Pond Tidelands Pond

C.) Approved acceptance of the Coastal Regional Commission Coastal Greenway Grant in the amount of $17,000.00.

D.) Approved the 2018 Board meeting dates.

E

BOARD MEETING

Monday, September 25, 2017 Agenda

9:30 a.m. JIA Committee Meetings* Morgan Center

*All applicable public comments will be heard during the appropriate committee meeting.

Chairman, Mike Hodges - Welcome Hurricane Irma Special Report, Jones Hooks, Executive Director

• Noel Jensen, Chief Operations Officer • Ben Carswell, Director of Conservation • Cliff Gawron, Director of Landscaping and Planning

Historic Preservation/Conservation Committee – Section I

Bob Krueger, Chair

A.) Ben Carswell, Director of Conservation 1. Fortson Pond Restoration Modeling Study, Jessica Cochran, Taylor Engineering 2. Sustainability Initiatives

i. Solar Energy Farm ii. Electric Car Charging

Finance Committee – Section II

Bill Gross, Chair

A.) August 2017 Financials B.) Projects Status Post Hurricane – Jones Hooks, Executive Director

Human Resources Committee – Section III

Buster Evans, Chair

A.) No Report Marketing Committee – Section IV

Joy Burch-Meeks, Chair

A.) Marketing Update – Meggan Hood, Sr. Director of Marketing

Legislative Committee – Section V

Joe Wilkinson, Chair

A.) Update

Committee of the Whole – Section VI

Mike Hodges, Chair

A.) Dion Davis, Executive Director, Jekyll Island Foundation 1. New Membership Program

B.) Jones Hooks, Executive Director 1. Courtyard by Marriott/Residence Inn Schematic Design Presentation, Mr. Dave Curtis,

Co-Managing Principal, Leon N. Weiner & Associates, Inc. 2. Naming Committee Recommendations 3. North Beach Revetment Update 4. Recommendation to Accept the Coastal Regional Commission FY18 Coastal Georgia

Greenway Grant in the amount of $17,000.00 5. Proposed 2018 Board Meeting Dates

C.) Executive Director’s Report 1. Revitalization Update 2. Other

D.) Chairman’s Comments Adjournment

5 M i n u t e B r e a k

JIA Board Meeting Agenda

Mike Hodges, Chairman Action Items

A.) August 21, 2017 Board Meeting Minutes B.) Solar Energy Farm C.) Electric Car Charging D.) Naming Committee Recommendations E.) Recommendation to Accept the Coastal Regional Commission FY18 Coastal Georgia Greenway

Grant in the amount of $17,000.00 F.) Proposed 2018 Board Meeting Dates

Adjournment

MEMORANDUM

TO: FINANCE COMMITTEE

FROM: MARJORIE JOHNSON

SUBJECT: AUGUST FINANCIAL STATEMENTS

DATE: 9/20/2017

Revenues

Revenues for August were $2,375,263, which reflects an unfavorable $69K (3%) variance from

budget. Revenues also reflect an unfavorable $103K (1%) variance from year to date budget and

a favorable $254K (4%) variance from prior year to date.

August Revenue

2%

13%

12%

46%

8%17%

0% 2%

Leases (commercial)

Leases (residential)

Hotel Tax

Parking

Amenities

Utilities & maint

Marketing & Events

Other

The largest variances for the month are:

Business leases (-$35K) – this appears to be a budget timing issue and is expected to be

back on track in the next couple of months.

Golf (-$27K) – Weather played a huge part in revenues being down this month. There

were 2845 rounds of golf played this month, which is 937 rounds less than August 2016.

In addition, memberships (-$7.3K), hotel ticket sales (-$6K), tournaments (-$4.9K) and

concessions (-$3K) all reflected lower than anticipated revenues for the month.

Convention Center (+$56K) – The Center hosted 7 conventions in August. Two of the

groups were first timers. Revenues exceeded the amount we had budgeted for except one

event this month, resulting in the favorable budget variance.

Summer Waves (-$33K) – Multiple rain days during August resulted in revenues being

less than budgeted for the month. Revenues are on target with budget for the year and

reflect a favorable $22K variance from prior year to date revenues.

Expenses

Expenses were $1,863,375 for August and reflected a favorable budget variance of $159K (8%)

for the month. The majority of the expense categories reflect favorable budget variances for the

month. All of these variances are assumed to be timing variances as this is only the second

month in our fiscal year.

Net Operating Cash

The Net Operating Cash Income for the month is $511,889, which is a $90K (21%) favorable

variance from the budgeted net operating cash income of $421,935. Net Operating Cash Income

reflects a favorable $319K (14%) year to date variance from budget and a favorable $158K (7%)

variance from prior year to date income.

August Expenses

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

HumanResources

Supplies &Materials

Contracts Utilities Advertising &Sales

Repair &Maint

Insurance Other

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

July August

Net Operating Cash

Actual

Budget

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

July August

FY2018 Revenues

Actual

Budget

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

July August

FY2018 Expenses

Actual

Budget

PRIOR

MONTH MONTH BUDGET YTD YTD BUDGET YEAR

ACTUAL BUDGET VARIANCE ACTUAL BUDGET VARIANCE ACTUAL VARIANCE(000's) % (000's) % (000's) %

Revenues

Administration Business Leases 412,716 447,898 (35) -8% 806,852 835,604 (29) -3% 740,587 66 9% Hotel Tax 208,851 217,120 (8) -4% 386,097 392,211 (6) -2% 369,414 17 5% Tourism Development Fund 89,433 93,052 (4) -4% 164,446 168,091 (4) -2% 158,320 6 4% Parking 282,302 305,529 (23) -8% 775,062 864,892 (90) -10% 798,987 (24) -3% Interest 677 421 0 61% 1,318 806 1 63% 806 1 63% Lot Rentals 44,687 28,000 17 60% 125,202 56,000 69 124% 150,866 (26) -17% Foundation 5,489 5,489 - 0% 10,978 10,978 - 0% 11,129 (0) -1% Administration revenue 5,734 7,495 (2) -23% 15,564 16,408 (1) -5% 19,473 (4) -20% Beach Village 1,507 - 2 0% 1,507 - 2 0% - 2 0% Intern Housing 3,905 3,485 0 12% 8,245 8,115 0 2% 8,115 0 2%

Total Administration 1,055,300 1,108,489 (53) -5% 2,295,269 2,353,106 (58) -2% 2,257,698 38 2%

Enterprises

Golf 93,615 120,218 (27) -22% 231,043 250,726 (20) -8% 228,356 3 1% Convention Center 306,708 250,587 56 22% 817,964 779,371 39 5% 742,161 76 10% McCormick's Grill 16,418 23,168 (7) -29% 36,386 49,512 (13) -27% 43,081 (7) -16% Summer Waves 315,093 347,627 (33) -9% 1,264,090 1,260,865 3 0% 1,242,350 22 2% Campground 70,928 68,892 2 3% 202,660 206,917 (4) -2% 221,279 (19) -8% Life is Good 7,132 10,983 (4) -35% 26,983 27,517 (1) -2% 27,966 (1) -4% Museum 31,760 36,141 (4) -12% 78,371 91,779 (13) -15% 81,204 (3) -3% Georgia Sea Turtle Center 198,391 209,580 (11) -5% 502,211 497,351 5 1% 465,061 37 8% Conservation - - - 0% 500 - 1 0% 5,000 (5) -90% Miniature Golf & Bikes 26,665 26,226 0 2% 85,797 81,164 5 6% 79,776 6 8% Water/Wastewater 151,712 153,299 (2) -1% 292,450 297,886 (5) -2% 295,477 (3) -1% Sanitation 43,420 44,713 (1) -3% 87,123 89,397 (2) -3% 89,567 (2) -3% Fire Department 4,721 6,326 (2) -25% 956,655 951,880 5 1% 902,369 54 6% Tennis 6,008 5,721 0 5% 12,090 15,057 (3) -20% 11,012 1 10% Destination Mktg & Special Events 224 1,667 (1) -87% 96,298 128,027 (32) -25% 56,669 40 70% Guest Information Center 18,769 14,580 4 29% 29,172 34,189 (5) -15% 31,683 (3) -8% Sales 500 - 1 0% 500 300 0 67% 3,250 (3) -85% Camp Jekyll & Soccer Fields 26,036 14,853 11 75% 26,036 29,705 (4) -12% 4,000 22 551%

Jekyll Island AuthorityCONSOLIDATED BUDGET COMPARISONFor the Two Months Ending August 31, 2017

Landscaping, Roads & Trails 1,863 1,000 1 86% 2,411 2,000 0 21% 774 2 212% Golf Course Maintenance - - - 0% - - - 0% 1,000 (1) -100%

Total Enterprises 1,319,963 1,335,578 (16) -1% 4,748,738 4,793,644 (45) -1% 4,532,034 217 5%

Total Revenues 2,375,263 2,444,067 (69) -3% 7,044,008 7,146,750 (103) -1% 6,789,732 254 4%

Expenses

Human Resources 985,699 1,089,658 (104) -10% 2,114,182 2,261,579 (147) -7% 1,981,995 132 7% Supplies & Materials 147,106 200,745 (54) -27% 246,249 335,021 (89) -26% 273,478 (27) -10% Advertising & Sales 60,474 56,141 4 8% 165,721 287,189 (121) -42% 63,070 103 163% Repairs - Facilities & Grounds 96,322 72,591 24 33% 293,007 272,611 20 7% 359,903 (67) -19% Utilities 199,699 180,648 19 11% 379,488 355,568 24 7% 372,257 7 2% Insurance 4,228 5,656 (1) -25% 505,095 527,261 (22) -4% 547,395 (42) -8% Contracts 223,733 247,358 (24) -10% 475,807 514,631 (39) -8% 448,715 27 6% Rentals 37,277 42,392 (5) -12% 79,621 83,828 (4) -5% 49,241 30 62% Printing 2,673 41,167 (38) -94% 39,670 45,556 (6) -13% 51,700 (12) -23% Motor Vehicle 21,855 16,847 5 30% 27,889 35,586 (8) -22% 33,099 (5) -16% Telephone 10,369 10,488 (0) -1% 20,859 19,342 2 8% 19,485 1 7% Equipment Purchase <$1K 8,269 8,366 (0) -1% 20,486 25,471 (5) -20% 24,535 (4) -17% Equipment Purchase $1K to $5K 5,239 4,300 1 22% 8,420 10,299 (2) -18% 31,716 (23) -73% Travel 1,559 3,133 (2) -50% 9,211 9,343 (0) -1% 10,609 (1) -13% Dues 25,927 6,063 20 328% 49,751 56,244 (6) -12% 53,517 (4) -7% Credit Card Fees 32,882 36,578 (4) -10% 63,249 71,182 (8) -11% 71,446 (8) -11% Bank Fees 63 - 0 0% 70 30 0 133% - 0 0% Interest Expense - - - 0% - 9,638 (10) -100% 10,691 (11) -100%

Total Expenditures 1,863,375 2,022,132 (159) -8% 4,498,775 4,920,378 (422) -9% 4,402,852 96 2%

Net Operating Cash Income ** 511,889 421,935 90 21% 2,545,232 2,226,372 319 14% 2,386,880 158 7%

** Does not include depreciation or capital projects

Daily/Weekly Annual Passes Total Daily/Weekly Annual Passes Total Daily/Weekly Annual Passes Total Daily/Weekly Annual Passes Total Daily/Weekly Annual Passes Total

January 16,980 39,244 56,224 16,937 35,978 52,915 24,403 38,634 63,037 24,977 42,084 67,061 26,372 46,562 72,934

February 17,138 37,244 54,382 20,290 37,338 57,628 23,944 40,037 63,981 31,332 45,113 76,445 35,982 47,081 83,063

March 32,263 44,105 76,368 33,228 43,011 76,239 39,989 47,779 87,768 46,104 52,582 98,686 49,605 54,166 103,771

April 34,063 40,096 74,159 40,134 39,732 79,866 49,237 45,221 94,458 57,158 49,140 106,298 66,259 51,718 117,977

May 50,586 44,254 94,840 56,718 43,118 99,836 71,430 48,837 120,267 69,981 52,704 122,685 62,367 53,558 115,925

June 54,932 41,247 96,179 63,203 41,339 104,542 75,121 46,845 121,966 74,618 50,525 125,143 72,234 54,056 126,290

July 74,988 42,597 117,585 76,467 42,546 119,013 71,405 48,717 120,122 90,544 52,276 142,820 90,765 55,010 145,775

August 46,634 37,890 84,524 47,550 50,188 97,738 48,062 43,299 91,361 46,949 47,693 94,642 44,352 50,732 95,084

September 41,269 37,767 79,036 38,426 54,357 92,783 46,013 43,015 89,028 47,555 45,509 93,064 0 0 0

October 29,299 37,553 66,852 35,214 40,702 75,916 38,480 44,986 83,466 26,241 38,461 64,702 0 0 0

November 20,672 32,283 52,955 22,907 34,107 57,014 29,820 39,722 69,542 31,634 43,245 74,879 0 0 0

December 18,912 32,861 51,773 23,502 35,552 59,054 24,484 42,096 66,580 29,947 42,132 72,079 0 0 0

Totals 437,736 467,141 904,877 474,576 497,968 972,544 542,388 529,188 1,071,576 577,040 561,464 1,138,504 447,936 412,883 860,819

Year to Date

Comparison

* Oct 2016 - Hurricane Matthew

2017 YTD654,261 687,777 762,960 833,780 860,819

2013 2014 YTD 2015 YTD 2016 YTD

August 2017

Traffic Counts2013 2014 2015 2016 2017

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct * Nov Dec

2013

2014

2015

2016

2017

Gate Traffic Counts by Month

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

2013 2014 2015 2016 2017 2017 Projected

# V

eh

icle

s

Annual Traffic Count

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

2013 2014 2015 2016 2017 2017 Projected

Do

llars

Annual Revenue Annual Passes

Daily/Weekly

2,705,0862,782,951

3,192,565 3,613,7223,474,214

2,697,266

9/20/2017

HOTEL STATISTICS AT-A-GLANCE daysHotel Revenue

Total RevenueOccupancy RateRev PARADR

Total RevenueOccupancy RateRevPARADR

Total RevenueOccupancy RateRevPARADR

OCCUPANCY REPORT DETAIL 2017 2016

# of Units Units Percent Average Room Room

Hotel Rms Avalbl Occpd Occpd Daily Rate RevPAR Revenue Revenue

Beachview Club 38 1,178 327 27.8% 133.91$ 37.17$ 43,789.46$ 65,283.33$ (21,494)$ -33%

Buccaneer Beach Resort - 0 0 #DIV/0! #DIV/0! #DIV/0! -$ -$ -$ 0%

Holiday Inn Resort 157 4,867 2,898 59.5% 151.44$ 90.17$ 438,865.31$ 411,444.22$ 27,421$ 7%

Days Inn & Suites 124 3,844 2,149 55.9% 124.53$ 69.62$ 267,609.23$ 302,784.64$ (35,175)$ -12%

GA Coast Inn - 0 0 #DIV/0! #DIV/0! #DIV/0! -$ -$ -$ 0%

Hampton Inn 138 4,278 3,165 74.0% 155.88$ 115.33$ 493,373.40$ 497,095.53$ (3,722)$ -1%

VACANT - 0 0 #DIV/0! #DIV/0! #DIV/0! -$ -$ -$ 0%

Jekyll Island Club Hotel 198 6,138 3,847 62.7% 204.75$ 128.33$ 787,692.00$ 571,854.00$ 215,838$ 38%

Quality Inn & Suites 71 2,201 999 45.4% 104.42$ 47.39$ 104,312.03$ 117,531.29$ (13,219)$ -11%

Villas by the Sea 138 4,026 1,733 43.0% 159.78$ 68.78$ 276,906.67$ 270,742.00$ 6,165$ 2% Villas by the Sea - Jekyll Realty 18 558 181 32.4% 175.19$ 56.83$ 31,708.70$ 22,554.31$ 9,154$ 41%

Villas by the Sea - Parker Kaufman 16 496 207 41.7% 111.88$ 46.69$ 23,159.93$ 27,723.00$ (4,563)$ -16%

Westin 200 6,200 4409 71.1% 191.37$ 136.09$ 843,741.80$ 791,016$ 52,726$ 7%

Vacant - Limited Service Hotel - 0 0 #DIV/0! #DIV/0! #DIV/0! -$ -$ -$ #DIV/0!

Aug-17 Total 1,098 33,786 19,915 58.9% 166.26$ 98.00$ 3,311,159$ 3,078,028$ 233,130$ 7.6%

58.9%

JEKYLL ISLAND AUTHORITY

HOTEL OCCUPANCY STATISTICS

August 2017

Aug-17

3,311,159$

156.81$

98.00$

166.26$

Aug-16

3,078,028$

62.7%

94.26$

150.27$

Aug-15

2,954,390$

57.2%

89.65$

Revenue Variance

$- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 $180.00

$-

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

2014 2015 2016 2017

Rev

PA

R -

AD

R

Rev

en

ue

Hotel Revenue Statistics - History

Revenue

ADR

RevPAR

____________________________________________________________________________________________________________________________________________________________

HOTEL STATISTICS AT-A-GLANCE daysHotel Revenue

Total RevenueOccupancy RateRev PARADR

Total RevenueOccupancy RateRevPARADR

Total RevenueOccupancy RateRevPARADROCCUPANCY REPORT DETAIL 2017 2016

# of Units Units Percent Average Room Room

Hotel Rms Avalbl Occpd Occpd Daily Rate RevPAR Revenue Revenue

Beachview Club 38 9,234 5,135 55.6% 115.99$ 64.50$ 595,611 677,974 (82,363)$ -12%

Buccaneer Beach Resort - 0 0 #DIV/0! #DIV/0! #DIV/0! 0 0 -$ 0%

Holiday Inn Resort 157 38,151 25,182 66.0% 170.94$ 112.83$ 4,304,500 3,708,680 595,819$ 16%

Days Inn & Suites 124 30,132 22,329 74.1% 138.06$ 102.31$ 3,082,710 2,928,830 153,880$ 5%.

GA Coast Inn - 0 0 #DIV/0! #DIV/0! #DIV/0! 0 0 -$ 0%

Hampton Inn 138 33,534 26,974 80.4% 171.48$ 137.93$ 4,625,381 4,153,391 471,990$ 11%

VACANT - 0 0 #DIV/0! #DIV/0! #DIV/0! 0 0 -$ 0%

Jekyll Island Club Hotel 198 40,078 28,271 70.5% 197.34$ 139.21$ 5,579,080 5,195,251 383,829$ 7%

Quality Inn & Suites 71 17,253 8,661 50.2% 121.94$ 61.21$ 1,056,085 1,205,186 (149,102)$ -12%

Villas by the Sea 138 29,856 18,786 62.9% 164.91$ 103.76$ 3,097,972 2,916,220 181,752$ 6% Villas by the Sea - Jekyll Realty 18 4,405 2,263 51.4% 143.76$ 73.85$ 325,319 304,795 20,524$ 7%

Villas by the Sea - Parker Kaufman 16 3,918 2,340 59.7% 109.74$ 65.54$ 256,799 268,245 (11,446)$ -4%

Westin 200 48,600 34,078 70.1% 202.15$ 141.75$ 6,888,978 6,254,583 634,395$ 10%

Vacant - Limited Service Hotel - 0 0 #DIV/0! #DIV/0! #DIV/0! 0 0 -$ #DIV/0!

2017 Total 255,161 174,019 68.2% 171.32$ 116.84$ 29,812,433$ 27,613,155$ 2,199,278$ 8.0%

2016 Total 254,136 170,952 67.3% 161.53$ 108.66$ 27,613,155$

2015 Total 222,440 148,774 66.9% 157.55$ 105.37$ 23,439,058$

27,613,155$

JEKYLL ISLAND AUTHORITY

HOTEL OCCUPANCY STATISTICS

Calendar Year to Date - August 2017

2017

29,812,433$

68.2%

116.84$

171.32$

2016

105.37$

157.55$

Revenue Variance

67.3%

108.66$

161.53$

2015

23,439,058$

66.9%

$- $20.00 $40.00 $60.00 $80.00 $100.00 $120.00 $140.00 $160.00 $180.00

$-

$5,000,000

$10,000,000

$15,000,000

$20,000,000

$25,000,000

$30,000,000

$35,000,000

2015 2016 2017

Rev

PA

R -

AD

R

Rev

en

ue

YTD Hotel Statistics - History

Revenue

ADR

Rev PAR

$-

$1,000,000.00

$2,000,000.00

$3,000,000.00

$4,000,000.00

$5,000,000.00

$6,000,000.00

January February March April May June July August

Revenues by Month 2015

2016

2017

____________________________________________________________________________________________________________________________________________________________

MEMORANDUM

TO: HISTORIC PRESERVATION/CONSERVATION COMMITTEE

FROM: BEN CARSWELL, DIRECTOR OF CONSERVATION

SUBJECT: SUSTAINABILITY INITIATIVES

DATE: 9/22/2017

Solar Farm Opportunity:

Radiance Solar is proposing to partner with JIA to submit an application through Georgia Power’s Renewable Energy Development Initiative Program (REDI) to site a One Megawatt solar power generating facility on Jekyll Island. The legislative foundation of the REDI Program is HB57 passed in the 2017 legislative session, allowing for State Agencies and Authorities to enter into third-party agreements for renewable energy development projects.

The location for the proposed Jekyll Island facility would be a currently-unused, approximately 5-acre portion of the old landfill site in the northern interior of the island, 0.25 miles east of Old Plantation Road between Magee and Bond Avenues. Although unused, this land is currently classified as developed due to its former status as a permitted landfill. Staff is recommending that the Board approve an important first step in pursuing this opportunity by authorizing Radiance Solar to request a Preliminary Interconnection Study from Georgia Power on our behalf. The purpose of this study is to confirm the project’s eligibility for the REDI program.

Contingent upon a favorable outcome, JIA staff further requests Board approval for Radiance Solar to submit an application in November for inclusion of the Jekyll site by GA Power in the REDI lottery for potential acceptance into the program. The proposed Solar Farm project will be subject to all appropriate due diligence including a full geotechnical evaluation and JIA Environmental Assessment Procedure. Inclusion in the REDI lottery is no guarantee of acceptance to the program, and an offer from GA Power to accept the project would come with no obligations for the JIA to necessarily proceed. If we move forward, JIA would have naming rights for the facility and our solar industry partner, presumably Radiance, would sell the generated electricity to Georgia Power and pay JIA to lease the land. Preliminary lease options proposed by Radiance range from an 18K annual lease payment for a term of 20 years to a 30K annual lease payment for a term of 35 years.

MEMORANDUM

TO: HISTORIC PRESERVATION/CONSERVATION COMMITTEE

FROM: BEN CARSWELL, DIRECTOR OF CONSERVATION

SUBJECT: SUSTAINABILITY INITIATIVES

DATE: 9/21/2017

Electric Car Charging Station Opportunity:

EnviroSpark Energy Solutions Inc., has submitted a proposal, on behalf of Tesla Motors’ Destination Charging Program, to fully subsidize the installation and equipment costs for 22 electric-car charging stations. The charging stations would be distributed across three locations on Jekyll Island where existing electrical infrastructure is currently in place to support installation.

Market analysis varies, but current trends are favorable for significant expansion of the electric car market. Georgia, and metro-Atlanta particularly, are among the strongest markets in the US for electric car sales. Florida is strong as well. This is a unique opportunity for private-sector investment to subsidize electric car charging infrastructure on Jekyll at a much larger scale and a greater value than any prospective opportunities we’ve previously explored.

This proposal would result in inclusion of Jekyll Island in the Tesla Destination program. The charging stations would not be exclusive to Tesla vehicles, each location would provide for universal charging, compatible with all mass-market electric-cars. With the associated marketing benefits of the Tesla program, attraction to Jekyll Island as a destination for electric car users will be considerably strengthened. Jekyll Island will be positioned as having the most accessible and extensive public charging network currently available between Savannah and Jacksonville or, for beach destinations, an even larger region of the coastal Southeast.

JIA would partner with the Jekyll Island Club Resort to cover the costs for a station in the Morgan Center parking area. Initial electricity expenses, estimated in consultation with Georgia Power, are cautiously over-estimated to be roughly $1000/year to JIA.

This investment would position JIA to take maximum advantage, ahead of competitors, of the expansion of the electric car driver market.

Beach Access Areas Naming Recommendation The naming of beach access areas on Jekyll Island is currently inconsistent and potentially

confusing to visitors. The standardization of the language associated with the areas has the

potential to not only simplify but also enhance a visitor’s experience. This will ultimately

influence their ability to recall and relay their positive experiences on Jekyll Island.

In addition, there is a marketing opportunity within this exercise. The beaches on Jekyll

Island are each unique and different from each another. A visitor can have an entirely different

experience on Driftwood Beach compared to Glory Beach compared to St. Andrews. These

differences are what set Jekyll Island apart from other destinations. When you go to the Gulf

Coast every beach is identical, same goes for Tybee, Hilton Head, or even Amelia Island.

Looking forward, we should strive to apply consistency to all beach access areas (facilities,

landscaping, amenities, etc.) and create a Jekyll Island standard for all of these public spaces.

Also, it is noted that naming these access areas will not change or interfere with the existing

numbering of the beach crossover points.

Current Names in Use:

Great Dunes Park

South Dunes Picnic Area

St. Andrews Picnic Area

Clam Creek Picnic Area

Driftwood Beach

Glory Beach

Glory Boardwalk

Descriptor Recommendation:

Beach Park – this descriptor says to visitors that this is more than just a parking lot. It

connotes other activities and/or facilities are in place at the location, but is vague enough that

it does not demand each location have such things. The shift from “picnic area” to “beach park”

will be subtle to frequent guests, and will assist new guests in navigation and recall.

• Great Dunes Beach Park

• South Dunes Beach Park

• St. Andrews Beach Park

• Clam Creek Beach Park

• Glory Beach Park

Exception:

Driftwood Beach – since this beach access has no formal parking and no amenities it would

retain its current name.

North Parking Lot Naming Recommendation Oceanview Beach Park

This beach access is located south of the Holiday Inn Resort and is the location of the former

temporary shops. The access has the clearest views of the ocean from Beachview Drive and the

parking lot. Because of its lack of dune system and large rock revetment, this access would not

be a good candidate to extend the Great Dunes naming construct (ex: Great Dunes North or

North Dunes).

Pond Naming Recommendation Tidelands Pond

The tidal, brackish pond that lies between Tidelands Nature Center and the Public Boat ramp

has been commonly referred to as Ski Rixen Pond, or just Rixen Pond, a name that has stuck

since a cable waterski park operated on the site from the 1980’s into the 90’s. The name no

longer conveys a meaningful connection to the guest experience at that site which is now based

primarily around recreational fishing and environmental education. The name “Tidelands

Pond” offers a positive connection to the current Nature Center that operates there, while still

being timeless in evoking the tidal landscapes that surround the pond.

Tuesday, January 16, 2018

Tuesday, February 20, 2018

Tuesday, March 20, 2018

Tuesday, April 17, 2018

Tuesday, May 15, 2018

Tuesday, June 19, 2018

Tuesday, July 17, 2018

Tuesday, August 21, 2018

Tuesday, September 25, 2018

4th Tuesday due to S&G

Tuesday, October 16, 2018

Tuesday, November 20, 2018

Tuesday, December 18, 2018

PROPOSED 2018 BOARD MEETING DATES

Board meetings fall on the THIRD Tuesday of each month unless otherwise noted