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AGAI "I• �4 irib451�� ,AU Expansion.4 ' • �Zi�#t' � in � Yi/ o A string of texts between a Board Member and Matt Mohler (AAF consultant) regarding meetings for lunch, getting together with AAF to review documents, and coordinating the date for the FDFC meeting continued from April 8, 2015, to July 17, 2015. The Board Member also met with Rusty Roberts—the Vice President of Government Affairs for AAF—as referenced in an email dated April 26, 2015, where the Board Member tell Mr. Roberts "thanks for making the trip last week." An email from Joseph Stanton (FDFC Counsel) references a meeting in Pensacola with the Board Member, Mr. Spivey, and AAF. In addition, the Board Member met with Mr. Mohler on numerous other occasions regarding this Project. o Then -Vice Chairman Daniel Davis met with Husein Cumber of Florida East Coast Industries (FECI), Joe Gould of Fortress and Ali Elam of Fortress on March 30, 2015; with Mr. Cumber on April 28, 2015; and with Mr. Cumber, Michael Reininger (AAF President), Heather Enderby (AAF CFO), and Vincent Signorello (CEI and President of FECI) on July 7, 2015. o Board Member Kevin Hale met with Mr. Spivey, Mr. Stanton, Mr. Cumber, and Bank of America representatives on May 21, 2015, in Omaha, Nebraska for a 2 hour meeting. o Board Member Ryan Tennyson met with AAF on June 29, 2015. In an email to • Mr. Spivey the day after that meeting, Mr. Tennyson notes that he is getting many emails from Florida citizens who have AAF concerns, mainly related to safety issues. He states to Mr. Spivey: "I'm sure there must be a dozen or so regulatory bodies to address those concerns. I assume our role is limited to whether the project meets the criteria for tax exempt financing." FDFC's Prejudgment in Formally Including in its Budget an Allocation. for $1.8M to be Paid By AAF Before the FDFC Hearing to Approve the Bonds. The FDFC also improperly benefited by the improper contacts in that the FDFC received $1,809,750.00 in fees from AAF for approving the $1.75 billion in PABs. Historically, the FDFC's yearly budget has been approximately $200,000 to 300,000. This $1.8 million fee from AAF appears to be the single largest fee ever charged by FDFC. In and of itself, this pay - to -play fee being booked in advance received created a tainted process. FDFC counted this amount in its budget before the FDFC meeting on August 5, 2015. This indicated a "prejudgment" of approval by the FDFC Board, or at least the FDFC staff, prior to its August 5, 2015, meeting date. No explanation was afforded to the public as to how such a budget decision was made, who made the decision, when the Board was notified of such a decision. More recently, it is also unclear what fees AAF paid for the $600 million bond offering in 2017. FDFC should be asked if the 2015 fee is "covering" the 2017 engagement as well. • Improper Constitution of the FDFC Board of Directors. On August 20, 2014, the • FDFC Board agreed by a vote of 3-0 to authorize staff to enter into a memorandum of /ys,7