1 00:00:00,000 --> 00:00:07,160 Good morning and welcome, everyone. 2 00:00:07,160 --> 00:00:14,960 Today we're having the April 14th, 2021 economic development partnership board meeting. 3 00:00:14,960 --> 00:00:20,680 And we'd like to welcome everyone in the listening audience and like to welcome all of the board 4 00:00:20,680 --> 00:00:22,720 and committee members today. 5 00:00:22,720 --> 00:00:30,680 I believe our first item on the agenda is ADP 21-008. 6 00:00:30,680 --> 00:00:35,480 Hopefully everyone's had a chance to look at the agenda. 7 00:00:35,480 --> 00:00:39,280 And I believe the first item on the agenda is the draft of the minutes. 8 00:00:39,280 --> 00:00:44,240 We can take a moment to give everyone a chance just to make sure that they are aware of what's 9 00:00:44,240 --> 00:00:45,840 there. 10 00:00:45,840 --> 00:00:49,320 And once you finish, please wave your hand in the air like this and then that way I'll 11 00:00:49,320 --> 00:00:55,960 know we're ready to move on. 12 00:00:55,960 --> 00:00:56,960 Okay. 13 00:00:56,960 --> 00:00:58,160 All right. 14 00:00:58,160 --> 00:00:59,160 Good. 15 00:00:59,160 --> 00:01:00,160 Good. 16 00:01:00,160 --> 00:01:01,160 Good. 17 00:01:01,160 --> 00:01:02,160 All right. 18 00:01:02,160 --> 00:01:07,560 We'll take a motion from the floor, please. 19 00:01:07,560 --> 00:01:08,560 Okay. 20 00:01:08,560 --> 00:01:09,560 Councilman Davis. 21 00:01:09,560 --> 00:01:12,960 I move approval of the minutes. 22 00:01:12,960 --> 00:01:14,560 We have a motion on the floor. 23 00:01:14,560 --> 00:01:17,560 Do we have a second? 24 00:01:17,560 --> 00:01:18,560 Second. 25 00:01:18,560 --> 00:01:19,560 Okay. 26 00:01:19,560 --> 00:01:20,560 Jill Jester with a second. 27 00:01:20,560 --> 00:01:27,560 I believe we're going to do the verbal approval. 28 00:01:27,560 --> 00:01:32,680 So any items for discussion? 29 00:01:32,680 --> 00:01:37,720 Hearing none, all in favor, we're going to go around the board here. 30 00:01:37,720 --> 00:01:38,720 Let's see. 31 00:01:38,720 --> 00:01:39,720 Tina. 32 00:01:39,720 --> 00:01:40,720 Aye. 33 00:01:40,720 --> 00:01:41,720 Let's see. 34 00:01:41,720 --> 00:01:42,720 Steve Edgar. 35 00:01:42,720 --> 00:01:43,720 Aye. 36 00:01:43,720 --> 00:01:44,720 Jesse Davis. 37 00:01:44,720 --> 00:01:45,720 Aye. 38 00:01:45,720 --> 00:01:48,680 We made the motion. 39 00:01:48,680 --> 00:01:49,960 Jason Tomlinson. 40 00:01:49,960 --> 00:01:50,960 Aye. 41 00:01:50,960 --> 00:01:52,600 Jill Jester did the second. 42 00:01:52,600 --> 00:01:55,680 So hopefully you're not going to change your mind. 43 00:01:55,680 --> 00:01:56,680 Aye. 44 00:01:56,680 --> 00:01:58,680 Just kidding. 45 00:01:58,680 --> 00:02:06,920 And let me ask you, Jessica, so we have three others, Heather, Kay, and Jamie. 46 00:02:06,920 --> 00:02:11,160 Do we receive any vote from either of those? 47 00:02:11,160 --> 00:02:12,920 No, sir. 48 00:02:12,920 --> 00:02:19,080 Mr. Wilson is an ex officio member, and Pam is serving as the interim chamber president 49 00:02:19,080 --> 00:02:20,080 right now. 50 00:02:20,080 --> 00:02:21,280 And so they're non-voting members. 51 00:02:21,280 --> 00:02:22,280 Okay. 52 00:02:22,280 --> 00:02:25,800 And Heather's here as our wonderful guest for one of our items. 53 00:02:25,800 --> 00:02:26,800 Okay. 54 00:02:26,800 --> 00:02:27,800 Wonderful. 55 00:02:27,800 --> 00:02:31,160 And then John Baines is also approving the minutes as presented. 56 00:02:31,160 --> 00:02:34,240 So we're going to move on to the next agenda item. 57 00:02:34,240 --> 00:02:39,400 Let's see, ADP 21-009. 58 00:02:39,400 --> 00:02:44,400 Let's consider approval of the Economic Development Partnership Board annual meeting schedule. 59 00:02:44,400 --> 00:02:50,600 I guess someone needs to at least show the schedule so we can make sure we're aware what 60 00:02:50,600 --> 00:02:51,600 we're approving. 61 00:02:51,600 --> 00:02:52,600 Sure. 62 00:02:52,600 --> 00:02:54,240 Give me one second. 63 00:02:54,240 --> 00:02:56,920 I can pull it up. 64 00:02:56,920 --> 00:03:03,080 But just to let the board know, our meetings are scheduled for the second Wednesday of 65 00:03:03,080 --> 00:03:05,720 every month at 11 a.m. 66 00:03:05,720 --> 00:03:10,100 I send you calendar invites regularly. 67 00:03:10,100 --> 00:03:11,480 So those are the dates. 68 00:03:11,480 --> 00:03:18,160 I can read them to you probably faster than I can get it open. 69 00:03:18,160 --> 00:03:22,000 We're just required to have an adopted annual meeting schedule per the city's Board and 70 00:03:22,000 --> 00:03:24,320 Commission handbook. 71 00:03:24,320 --> 00:03:29,480 So those dates are January 13th, February 10th, March 10th, and April 14th. 72 00:03:29,480 --> 00:03:31,920 So those meetings have already been held. 73 00:03:31,920 --> 00:03:37,740 And then moving forward through the rest of the year, it's May 12th, June 9th, July 14th, 74 00:03:37,740 --> 00:03:43,960 August 11th, September 8th, October 13th, November 10th, and December 8th. 75 00:03:43,960 --> 00:03:47,320 And I will send you all calendar invites. 76 00:03:47,320 --> 00:03:52,080 I try not to schedule them too many months in advance so that you don't get updates every 77 00:03:52,080 --> 00:03:54,980 time something changes or moves. 78 00:03:54,980 --> 00:04:00,320 So I usually try and work about one or two months in advance on those. 79 00:04:00,320 --> 00:04:04,500 So we have -- I believe we need to approve this. 80 00:04:04,500 --> 00:04:06,040 Is that not correct? 81 00:04:06,040 --> 00:04:07,040 Yes. 82 00:04:07,040 --> 00:04:08,040 Okay. 83 00:04:08,040 --> 00:04:11,920 So we'll entertain a motion to approve the scheduled meetings. 84 00:04:11,920 --> 00:04:16,720 Mr. Chair, we approve the scheduled meetings as presented. 85 00:04:16,720 --> 00:04:18,280 I second that. 86 00:04:18,280 --> 00:04:19,280 Okay. 87 00:04:19,280 --> 00:04:22,000 Whoever's recording, somebody has to decipher that. 88 00:04:22,000 --> 00:04:24,160 So somebody approved and somebody seconded. 89 00:04:24,160 --> 00:04:27,800 I have that Jesse moved approval and Steve seconded. 90 00:04:27,800 --> 00:04:28,800 Okay. 91 00:04:28,800 --> 00:04:29,800 Wonderful. 92 00:04:29,800 --> 00:04:30,800 Great discussion. 93 00:04:30,800 --> 00:04:37,480 Hearing none, we'll go around the room once again with a -- with the verbal acknowledgement. 94 00:04:37,480 --> 00:04:38,480 Let's see. 95 00:04:38,480 --> 00:04:39,480 We go to Tina. 96 00:04:39,480 --> 00:04:40,480 Yes. 97 00:04:40,480 --> 00:04:41,480 I approve. 98 00:04:41,480 --> 00:04:42,480 Steve? 99 00:04:42,480 --> 00:04:43,480 Aye. 100 00:04:43,480 --> 00:04:44,480 Jesse? 101 00:04:44,480 --> 00:04:45,480 Aye. 102 00:04:45,480 --> 00:04:46,480 Jason? 103 00:04:46,480 --> 00:04:47,480 Aye. 104 00:04:47,480 --> 00:04:48,480 Jill? 105 00:04:48,480 --> 00:04:49,480 Aye. 106 00:04:49,480 --> 00:04:53,320 And John Baines also approved. 107 00:04:53,320 --> 00:04:56,520 So did I miss anyone? 108 00:04:56,520 --> 00:05:00,240 I believe Bob has joined us, but it's not showing up on our -- 109 00:05:00,240 --> 00:05:01,720 Oh, I do see Bob Baines. 110 00:05:01,720 --> 00:05:02,720 I do see it. 111 00:05:02,720 --> 00:05:03,720 Hello, Bob Baines? 112 00:05:03,720 --> 00:05:07,880 I don't see a microphone. 113 00:05:07,880 --> 00:05:11,200 So he's probably not audio yet. 114 00:05:11,200 --> 00:05:15,480 So we'll catch you on the next one, Bob, while you get acclimated. 115 00:05:15,480 --> 00:05:24,760 So moving on to the next agenda item, EDP 21-13, it's receiving a report, hold a discussion 116 00:05:24,760 --> 00:05:30,480 regarding an update from the Downtown Economic Development Committee. 117 00:05:30,480 --> 00:05:34,200 And I take it that you're going to do that presentation, Jessica? 118 00:05:34,200 --> 00:05:35,200 Yes. 119 00:05:35,200 --> 00:05:36,820 So we don't have a formal presentation. 120 00:05:36,820 --> 00:05:38,880 We just wanted to update the board. 121 00:05:38,880 --> 00:05:43,120 The Downtown Economic Development Committee has only met once this past quarter. 122 00:05:43,120 --> 00:05:45,320 They met on March 4th. 123 00:05:45,320 --> 00:05:50,920 At that meeting, they affirmed Jesse Davis as the board chair of that meeting. 124 00:05:50,920 --> 00:05:54,400 And so he got to chair his first meeting on March 4th. 125 00:05:54,400 --> 00:05:58,640 And at that meeting, they received an update regarding sort of a comprehensive look of 126 00:05:58,640 --> 00:06:01,920 all the capital projects that are going on in downtown. 127 00:06:01,920 --> 00:06:06,880 If you're wondering what made your packet so thick today, we put that update for you. 128 00:06:06,880 --> 00:06:12,960 We know a lot of you get questions about downtown projects, what's going on, kind of the timing 129 00:06:12,960 --> 00:06:13,960 of those. 130 00:06:13,960 --> 00:06:17,960 So we wanted to make sure that this board had those, but no intention to duplicate that 131 00:06:17,960 --> 00:06:24,840 effort, but it's there in case you wanted it as reference. 132 00:06:24,840 --> 00:06:31,160 Let's see, all right, thank you. 133 00:06:31,160 --> 00:06:41,800 Let's see, okay, forgive me, I got disturbed by someone trying to reach me on my phone. 134 00:06:41,800 --> 00:06:43,920 Let's see here. 135 00:06:43,920 --> 00:06:46,080 So we need to make an approval? 136 00:06:46,080 --> 00:06:47,240 No, sir. 137 00:06:47,240 --> 00:06:48,720 Just an update. 138 00:06:48,720 --> 00:06:49,720 Just an acknowledgement. 139 00:06:49,720 --> 00:06:50,720 Okay. 140 00:06:50,720 --> 00:06:51,720 All right. 141 00:06:51,720 --> 00:06:54,680 Let's go to the next item on the agenda. 142 00:06:54,680 --> 00:06:58,360 I think you mentioned that we were under a little bit of a time crunch, so I'm trying 143 00:06:58,360 --> 00:07:01,040 to make sure I don't dilly-dally too much. 144 00:07:01,040 --> 00:07:05,960 For those of you who are not old enough to know that word dilly-dally, that's an old school 145 00:07:05,960 --> 00:07:06,960 word. 146 00:07:06,960 --> 00:07:14,920 EDP 21-12, receive a report, hold discussion, and give staff direction regarding an economic 147 00:07:14,920 --> 00:07:22,480 development program agreement with Hickory & Real Ventures LLC for Stoke-Denton. 148 00:07:22,480 --> 00:07:25,600 And it looks like we're going to have a presentation. 149 00:07:25,600 --> 00:07:30,480 Is that you? 150 00:07:30,480 --> 00:07:35,240 It's me and Heather Gregory is with us to answer any questions. 151 00:07:35,240 --> 00:07:40,360 I actually will go through this quickly, because if the board will recall, you've already seen 152 00:07:40,360 --> 00:07:44,840 this once, and you did make a recommendation, and we'll kind of point out why we're coming 153 00:07:44,840 --> 00:07:47,680 back to the board with this information. 154 00:07:47,680 --> 00:07:53,400 But the first sort of 10 slides or so are things that you've seen before. 155 00:07:53,400 --> 00:07:58,560 But if you'll remember, I believe it was back in October or November, we provided an update 156 00:07:58,560 --> 00:08:02,520 regarding ongoing kind of discussions that we were having with Hickory & Real Ventures 157 00:08:02,520 --> 00:08:09,360 about transitioning the management, ownership, and operation of Stoke-Denton. 158 00:08:09,360 --> 00:08:14,160 Just to give you a reminder of everything that Stoke does, they are the hub for our 159 00:08:14,160 --> 00:08:20,800 startups, our entrepreneurship, support, remote worker connectivity, and small business development. 160 00:08:20,800 --> 00:08:25,240 Beyond just the co-working space itself, they have a lot of programming. 161 00:08:25,240 --> 00:08:29,680 Things like the Flint Conference, Heather can give you the plug, buy your tickets. 162 00:08:29,680 --> 00:08:33,160 We're doing it virtually again this year, but it's going to be great. 163 00:08:33,160 --> 00:08:39,280 Big ideas mixers, startup crawls, they lead the Denton Innovation Group, the Denton Angels, 164 00:08:39,280 --> 00:08:44,680 the Investment Group, and they also host Making Denton podcasts and are hosting regular kind 165 00:08:44,680 --> 00:08:47,840 of mentorship sessions through the coffee and convos. 166 00:08:47,840 --> 00:08:52,200 And then the Accelerate Her Startup Business Incubator program, which the first year just 167 00:08:52,200 --> 00:08:58,280 came to a really fantastic conclusion and lots of great participants and outcomes from 168 00:08:58,280 --> 00:09:00,720 that as well. 169 00:09:00,720 --> 00:09:08,960 And so just a few great kind of key stats of the efforts that Stoke has done, some photos. 170 00:09:08,960 --> 00:09:14,200 And then again, really just knowing that they're reaching a lot of people, 200 events with 171 00:09:14,200 --> 00:09:22,960 2,100 attendees, really having a big impact in our entrepreneurship and startup space. 172 00:09:22,960 --> 00:09:24,440 We've got a good number of members. 173 00:09:24,440 --> 00:09:28,880 Over 167 different member companies have operated at Stoke. 174 00:09:28,880 --> 00:09:34,520 That's 126 people with tech or tech-enabled jobs that have held memberships there. 175 00:09:34,520 --> 00:09:39,200 And then on average, 58% of members in the co-working space are tech or tech-enabled. 176 00:09:39,200 --> 00:09:44,920 I'm kind of jumping ahead, I'm sorry, my computer is freezing. 177 00:09:44,920 --> 00:09:48,720 Remember that some other key stats is that remote workers and freelancers represent about 178 00:09:48,720 --> 00:09:51,040 38% of the member population. 179 00:09:51,040 --> 00:09:55,680 That's important because those people can work anywhere and they choose to work here 180 00:09:55,680 --> 00:09:56,680 in Denton. 181 00:09:56,680 --> 00:09:59,360 So that's something that's really important to us. 182 00:09:59,360 --> 00:10:04,760 And then of course, the high satisfaction rate of members operating out of Stoke is 183 00:10:04,760 --> 00:10:07,920 worth noting as well. 184 00:10:07,920 --> 00:10:14,140 Through June of this year, we have a management and operation agreement with Hickory and Rail 185 00:10:14,140 --> 00:10:15,440 Ventures. 186 00:10:15,440 --> 00:10:21,160 The city still holds the lease and kind of owns Stoke until that point. 187 00:10:21,160 --> 00:10:28,760 This is just information related to what's in the contract today related to HRV's performance. 188 00:10:28,760 --> 00:10:35,040 So things like they have to operate the co-working space, that they have to create and implement 189 00:10:35,040 --> 00:10:36,640 a funding of investor network. 190 00:10:36,640 --> 00:10:40,160 And I'm not going to go through all of these because there's two slides of them and there's 191 00:10:40,160 --> 00:10:43,620 a lot and you've seen it before. 192 00:10:43,620 --> 00:10:49,520 But just to say, overwhelmingly, HRV has complied with kind of all of the terms of their contracts 193 00:10:49,520 --> 00:10:54,720 and have had a lot of success in managing the Stoke operation. 194 00:10:54,720 --> 00:11:02,100 So the previous council direction that staff received was that they wanted to transition 195 00:11:02,100 --> 00:11:06,480 Stoke to Hickory and Rail Ventures to operate Stoke independently at the conclusion of the 196 00:11:06,480 --> 00:11:12,360 city lease, which is June of 2021. 197 00:11:12,360 --> 00:11:15,560 And so we've kind of begun those conversations. 198 00:11:15,560 --> 00:11:19,360 We came to you last fall and said, hey, we've kind of got a plan of how we're going to make 199 00:11:19,360 --> 00:11:21,600 that transition happen. 200 00:11:21,600 --> 00:11:25,360 And all of that, of course, was influenced by COVID. 201 00:11:25,360 --> 00:11:32,360 As we moved forward through that process, we negotiated a program agreement. 202 00:11:32,360 --> 00:11:37,840 And so we came together and set sort of a funding figure and what outlines and what 203 00:11:37,840 --> 00:11:45,440 terms programs would be supported and continue to be supported by HRV and Stoke going forward. 204 00:11:45,440 --> 00:11:51,920 So because HRV increased their programming above the contracted requirements and they 205 00:11:51,920 --> 00:11:56,800 desire to continue to assist us in supporting the entrepreneurial ecosystem, we wanted to 206 00:11:56,800 --> 00:12:00,680 transition them to a new program agreement. 207 00:12:00,680 --> 00:12:06,000 So what's noted in red are the things that have changed from the last time the board 208 00:12:06,000 --> 00:12:07,960 made a recommendation on this. 209 00:12:07,960 --> 00:12:14,280 And so the terms, the backbone terms of the agreement are staying the same, but there's 210 00:12:14,280 --> 00:12:18,280 going to be a couple different changes in the agreement that we thought warranted coming 211 00:12:18,280 --> 00:12:20,400 back to the board. 212 00:12:20,400 --> 00:12:22,840 One primarily because it had a financial change. 213 00:12:22,840 --> 00:12:30,680 So the city, because we lease the space today, has a security deposit on the space. 214 00:12:30,680 --> 00:12:36,120 In an effort to sort of ease the transition over to HRV, the city is proposing to just 215 00:12:36,120 --> 00:12:41,680 transfer that security deposit deposit over to HRV and allow them to not have to put down 216 00:12:41,680 --> 00:12:48,240 an additional deposit and then also we clarified language and really outlined specifically 217 00:12:48,240 --> 00:12:54,840 how the transition would occur for the furniture and equipment and the logo and Stoke brand 218 00:12:54,840 --> 00:13:01,280 and get those ownership items transferred over to HRV directly as part of the program 219 00:13:01,280 --> 00:13:03,440 agreement in this first year. 220 00:13:03,440 --> 00:13:08,520 So other than that, the terms remain the same and it'll be a partnership agreement that's 221 00:13:08,520 --> 00:13:13,600 focused on meeting our strategic efforts in the areas of entrepreneurship, tech, and business 222 00:13:13,600 --> 00:13:14,600 support. 223 00:13:14,600 --> 00:13:16,600 It aligns with our strategic plan. 224 00:13:16,600 --> 00:13:20,280 If you look at their program proposal, they outline specifically what actions they're 225 00:13:20,280 --> 00:13:23,560 taking to meet our strategic efforts. 226 00:13:23,560 --> 00:13:27,960 And it's this first agreement, we move forward with a one-year agreement, obviously to make 227 00:13:27,960 --> 00:13:35,120 sure that we catch everything and then can come back and reevaluate after a year. 228 00:13:35,120 --> 00:13:40,720 And so just a reminder, you did look at this on November 11th, 2020, and then we just wanted 229 00:13:40,720 --> 00:13:46,400 to bring this back to make sure that those additional changes in terms kind of made sense 230 00:13:46,400 --> 00:13:47,460 to the partnership board. 231 00:13:47,460 --> 00:13:52,560 So we're seeking your recommendation to city council to adopt an ordinance to approve the 232 00:13:52,560 --> 00:13:56,760 agreements with those changes. 233 00:13:56,760 --> 00:14:01,200 And that is all I have on this one. 234 00:14:01,200 --> 00:14:07,600 Again, Heather is here if there are any questions for Stoke directly. 235 00:14:07,600 --> 00:14:09,200 Okay. 236 00:14:09,200 --> 00:14:14,640 So in order to have a conversation, I believe the protocol is to make the motion, approve 237 00:14:14,640 --> 00:14:15,840 it, and then have discussion. 238 00:14:15,840 --> 00:14:18,120 Is that correct? 239 00:14:18,120 --> 00:14:20,240 Yes, sir. 240 00:14:20,240 --> 00:14:21,240 Okay. 241 00:14:21,240 --> 00:14:30,980 So we'll entertain a motion to accept the recommendation as presented as going to council. 242 00:14:30,980 --> 00:14:31,980 Still moved. 243 00:14:31,980 --> 00:14:32,980 Jill Jester. 244 00:14:32,980 --> 00:14:33,980 We have a motion on the floor. 245 00:14:33,980 --> 00:14:40,040 We need a second, please. 246 00:14:40,040 --> 00:14:41,040 This is Jason. 247 00:14:41,040 --> 00:14:42,040 Second. 248 00:14:42,040 --> 00:14:43,040 Jason Thomason seconds. 249 00:14:43,040 --> 00:14:44,040 Okay. 250 00:14:44,040 --> 00:14:45,040 Thank you. 251 00:14:45,040 --> 00:14:53,480 I do have about three questions, and so I'll wait and ask mine after someone else. 252 00:14:53,480 --> 00:14:57,960 Okay. 253 00:14:57,960 --> 00:14:58,960 Hearing none. 254 00:14:58,960 --> 00:15:02,240 Heather, Jessica, this is not a criticism. 255 00:15:02,240 --> 00:15:04,280 This is just an inquiry. 256 00:15:04,280 --> 00:15:10,780 So how are we doing on our diversity with Stoke? 257 00:15:10,780 --> 00:15:16,080 Thank you for asking. 258 00:15:16,080 --> 00:15:23,480 It's definitely something that's at the forefront of our minds and our efforts. 259 00:15:23,480 --> 00:15:31,620 We continue to make sure that not only our members, but the mentors and workshop leaders 260 00:15:31,620 --> 00:15:42,200 and speakers at our conferences and our events are diverse from diverse backgrounds, race, 261 00:15:42,200 --> 00:15:44,200 gender. 262 00:15:44,200 --> 00:15:56,120 And yeah, so it's at the forefront of our mind, and speaking specifically about gender, 263 00:15:56,120 --> 00:16:01,760 through the partnership with Texas Women's University Center for Women Entrepreneurs, 264 00:16:01,760 --> 00:16:08,360 the Accelerate Her Program is only for women entrepreneurs, and of the six women that were 265 00:16:08,360 --> 00:16:13,520 in that cohort, half of them were minority. 266 00:16:13,520 --> 00:16:17,900 And so again, it's just something that's at the forefront of our mind. 267 00:16:17,900 --> 00:16:24,920 And so we really try to move through our programming, making sure that we're doing the outreach 268 00:16:24,920 --> 00:16:32,600 that we can and providing the education and resources that we can for diverse population. 269 00:16:32,600 --> 00:16:34,380 Thank you, Heather. 270 00:16:34,380 --> 00:16:45,480 Question number two, we had a few months ago, Jessica, a company that was doing, I'm trying 271 00:16:45,480 --> 00:16:54,880 to remember, I won't say it was like computer games, but they were simulations. 272 00:16:54,880 --> 00:17:02,240 And I'd asked the gentleman how they were doing with their diversity because the Silicon 273 00:17:02,240 --> 00:17:09,040 Valley, even though I believe they're making an effort, they're behind on their women and 274 00:17:09,040 --> 00:17:12,400 minorities and participation in the Silicon Valley. 275 00:17:12,400 --> 00:17:18,920 So I just simply wanted to kind of have that discussion again to make sure that there's 276 00:17:18,920 --> 00:17:27,100 an effort there, not only for the various colors, but also the genders, that there seems 277 00:17:27,100 --> 00:17:35,560 to be a shortage of both minorities and females in the tech industry. 278 00:17:35,560 --> 00:17:38,800 And so everything we can do to help that is really great. 279 00:17:38,800 --> 00:17:41,080 And that was more of a comment than a question. 280 00:17:41,080 --> 00:17:43,600 My last question is this. 281 00:17:43,600 --> 00:17:54,360 So in your marketing and outreach, do we rely on simple advertisements or are we being aggressive? 282 00:17:54,360 --> 00:18:00,360 Are we going to, like, for example, different parts of the community and saying, hey, this 283 00:18:00,360 --> 00:18:03,000 is what we're doing, we'd like for you to participate? 284 00:18:03,000 --> 00:18:09,560 So rather than just wave a flag, are we actually going to these different groups and saying 285 00:18:09,560 --> 00:18:14,200 we'd like to have your participation? 286 00:18:14,200 --> 00:18:16,920 We do both. 287 00:18:16,920 --> 00:18:23,800 I would say obviously in the last year, it's been difficult to do outreach in the way that 288 00:18:23,800 --> 00:18:27,280 I would really like to. 289 00:18:27,280 --> 00:18:29,920 But we do. 290 00:18:29,920 --> 00:18:40,220 I am in conversations with individuals and also organizations to ensure that we are doing 291 00:18:40,220 --> 00:18:45,920 everything we can to support entrepreneurs of all stripes. 292 00:18:45,920 --> 00:18:58,320 Yeah, so we do both kind of digital marketing and also pursuing relationships with partners 293 00:18:58,320 --> 00:19:02,700 that we want to be helping and working with. 294 00:19:02,700 --> 00:19:06,520 This is, I don't know if this is relevant or not, but I've been really concerned about 295 00:19:06,520 --> 00:19:08,280 some things going on in the community. 296 00:19:08,280 --> 00:19:13,720 So I said, okay, if you're concerned, John, how about you set some coffee dates with people? 297 00:19:13,720 --> 00:19:17,200 So I'm setting coffee dates with people that I want to talk to. 298 00:19:17,200 --> 00:19:21,320 So we'll go to Starbucks, we'll go downtown, and we'll have those conversations to make 299 00:19:21,320 --> 00:19:26,500 sure that I'm aware of what's going on with people who maybe don't think like me or people 300 00:19:26,500 --> 00:19:31,880 who don't look like me or people from whatever my orientation is. 301 00:19:31,880 --> 00:19:37,380 So I'm being the aggressor to make sure that I go out and get that information. 302 00:19:37,380 --> 00:19:43,800 So all that being said, Heather, congratulations on what's being done, and I just look forward 303 00:19:43,800 --> 00:19:47,360 to more positive responses and results. 304 00:19:47,360 --> 00:19:51,680 Anyone else have participation or would like to have a conversation with Heather before 305 00:19:51,680 --> 00:19:55,680 we move on? 306 00:19:55,680 --> 00:20:02,720 Okay, we have a motion on the floor second, we've had discussion all in favor of the recommendation 307 00:20:02,720 --> 00:20:08,040 going to city council, we'll signify by aye as we go around. 308 00:20:08,040 --> 00:20:09,040 Tina? 309 00:20:09,040 --> 00:20:10,040 Aye. 310 00:20:10,040 --> 00:20:11,040 Okay. 311 00:20:11,040 --> 00:20:12,040 Steve? 312 00:20:12,040 --> 00:20:13,040 Aye. 313 00:20:13,040 --> 00:20:14,040 Jason? 314 00:20:14,040 --> 00:20:15,040 Aye. 315 00:20:15,040 --> 00:20:16,040 Jill? 316 00:20:16,040 --> 00:20:17,040 Aye. 317 00:20:17,040 --> 00:20:18,040 Jessie? 318 00:20:18,040 --> 00:20:19,040 Aye. 319 00:20:19,040 --> 00:20:20,040 And Bob Eames? 320 00:20:20,040 --> 00:20:21,040 Okay. 321 00:20:21,040 --> 00:20:26,440 You're on mute, but I think I saw your mouth move. 322 00:20:26,440 --> 00:20:34,440 So okay, and John Baines has an aye, so I think we're unanimous on the recommendation 323 00:20:34,440 --> 00:20:35,440 going forward. 324 00:20:35,440 --> 00:20:39,920 And thank you for receiving my comments, Heather. 325 00:20:39,920 --> 00:20:40,920 Thank you very much. 326 00:20:40,920 --> 00:20:52,000 Moving on to the next agenda item, let's see, we have, are we at ADP 21-015, Jessica, is 327 00:20:52,000 --> 00:20:54,200 that where we are? 328 00:20:54,200 --> 00:20:55,360 16. 329 00:20:55,360 --> 00:20:59,040 The numbers are out of order, but it's E21-016. 330 00:20:59,040 --> 00:21:03,240 Oh, 16, okay, 16, all right. 331 00:21:03,240 --> 00:21:07,480 Receiver report, hold the discussion and give staff direction regarding implementation of 332 00:21:07,480 --> 00:21:10,480 the economic development strategic plan. 333 00:21:10,480 --> 00:21:14,000 So will that be you again, Jessica? 334 00:21:14,000 --> 00:21:18,960 It is the Jessica show today, I do apologize for that. 335 00:21:18,960 --> 00:21:24,520 Well, this is going to be in the effort to kind of conserve everyone's time, I'll go 336 00:21:24,520 --> 00:21:29,400 through this really quickly, but I want to kind of make the board aware of, you know, 337 00:21:29,400 --> 00:21:34,800 we went through a very long process of developing the strategic plan. 338 00:21:34,800 --> 00:21:41,920 And so we sort of considered October 1 as sort of our final push to adoption and implementation. 339 00:21:41,920 --> 00:21:46,400 And so while we were working through those last weeks with city council to get it adopted, 340 00:21:46,400 --> 00:21:53,280 our team on the back end was working on developing kind of those implementation plans and how 341 00:21:53,280 --> 00:21:54,480 do we move forward? 342 00:21:54,480 --> 00:22:00,360 And so that's what we wanted to show to talk with the board today is just to kind of quantify 343 00:22:00,360 --> 00:22:06,200 what we've done, how we've done it, and how we'll kind of come back with information to 344 00:22:06,200 --> 00:22:07,200 you. 345 00:22:07,200 --> 00:22:11,000 So I would say that I'm going to put up a presentation that has a bunch of numbers, 346 00:22:11,000 --> 00:22:16,680 and they don't really mean anything unless you have the I think 30 page document behind 347 00:22:16,680 --> 00:22:23,880 it that breaks down what each individual task is in the action, because we didn't do a first 348 00:22:23,880 --> 00:22:29,080 quarter update in this I've included both quarter one and quarter two of this fiscal 349 00:22:29,080 --> 00:22:31,040 year in in that document. 350 00:22:31,040 --> 00:22:37,000 So you can actually see the tap the team member, that's the project manager, you can also see 351 00:22:37,000 --> 00:22:40,560 the status of those tasks. 352 00:22:40,560 --> 00:22:42,900 And then you can also see the quarter one update. 353 00:22:42,900 --> 00:22:46,000 So what actions were done between October and December. 354 00:22:46,000 --> 00:22:51,240 And then you can also see the quarter to update, which is what actions have been taken from 355 00:22:51,240 --> 00:22:54,080 January to the end of March. 356 00:22:54,080 --> 00:22:58,600 And so I'm going to put up the presentation real quick. 357 00:22:58,600 --> 00:23:06,120 But it kind of provides good context for the report that is behind it in your packet. 358 00:23:06,120 --> 00:23:11,040 So this is our sort of dashboard of our strategic plan. 359 00:23:11,040 --> 00:23:19,280 So we had over about 122 individual tasks or actions that were identified in the strategic 360 00:23:19,280 --> 00:23:22,520 plan, they were broken down in these areas. 361 00:23:22,520 --> 00:23:26,960 There were in goal one, there were 27 and goal two, there were quite a bit, but we broke 362 00:23:26,960 --> 00:23:31,720 them down by those strategic growth areas in the plan. 363 00:23:31,720 --> 00:23:37,140 And then goal three, and then there were about 16 related to capacity and resources. 364 00:23:37,140 --> 00:23:43,900 So where we are kind of to date, and we really completed about 16, you'll see the majority 365 00:23:43,900 --> 00:23:48,920 of those completions are occurring in that goal one, because that's specific to accelerating 366 00:23:48,920 --> 00:23:51,800 recovery from the COVID pandemic. 367 00:23:51,800 --> 00:23:56,320 And some of our capacity and resource building, which was really kind of our internal operations 368 00:23:56,320 --> 00:23:58,560 that we needed to work on. 369 00:23:58,560 --> 00:24:01,920 We've initiated or started progress on about 62. 370 00:24:01,920 --> 00:24:09,760 So we're about half of the actions identified have had some movement or some progress forward. 371 00:24:09,760 --> 00:24:12,040 We have 14 that are considered not initiated. 372 00:24:12,040 --> 00:24:16,840 So those are items that are either kind of in the timeline right now that we'll need 373 00:24:16,840 --> 00:24:21,280 to pick up over the next year, and we just haven't initiated work on them yet. 374 00:24:21,280 --> 00:24:26,200 It could be that we're just planning and getting kind of staffed up in certain areas. 375 00:24:26,200 --> 00:24:29,880 And then lastly, there are 30 that are considered future items. 376 00:24:29,880 --> 00:24:34,340 So those are items that occur out in a two to five year time horizon. 377 00:24:34,340 --> 00:24:37,560 So staff hasn't initiated work on those yet. 378 00:24:37,560 --> 00:24:42,240 But that's because we might be doing some groundwork on some other actions that are 379 00:24:42,240 --> 00:24:46,440 required to get to those future items first. 380 00:24:46,440 --> 00:24:51,920 And so we're working on kind of updating and building out this dashboard as we go. 381 00:24:51,920 --> 00:24:57,240 So we welcome your feedback, again, as we kind of go through this process. 382 00:24:57,240 --> 00:25:01,800 But over the next slides, it just kind of breaks down where we are. 383 00:25:01,800 --> 00:25:07,160 So each of these items were the actions identified in the strategic plan. 384 00:25:07,160 --> 00:25:11,400 For the sake of the presentation, I did abbreviate them as sort of by their title as opposed 385 00:25:11,400 --> 00:25:12,400 to writing it out. 386 00:25:12,400 --> 00:25:17,280 But in your report, you have the full detail of what those are. 387 00:25:17,280 --> 00:25:22,760 I'll turn to the corresponding page in the report just to give you an example. 388 00:25:22,760 --> 00:25:34,800 So 1.1, which is an action that within it, it required, sorry, I have my screen up. 389 00:25:34,800 --> 00:25:38,600 So it within itself had six actions or three actions. 390 00:25:38,600 --> 00:25:42,540 We have one that is in progress and two that are complete. 391 00:25:42,540 --> 00:25:48,980 So the actions like for 1.1 included pulling together the small group of leaders from the 392 00:25:48,980 --> 00:25:55,160 chamber in the city to, you know, to develop a plan to respond to the pandemic, shifting 393 00:25:55,160 --> 00:26:03,440 the focus of our economic development programs to not just focus on relief, but also to work 394 00:26:03,440 --> 00:26:07,560 on business retention, workforce development, community services, sort of those wraparound 395 00:26:07,560 --> 00:26:10,360 services that businesses need in the pandemic. 396 00:26:10,360 --> 00:26:13,160 And then the third one was developing an internal dashboard. 397 00:26:13,160 --> 00:26:15,840 So I didn't list all of them here for you. 398 00:26:15,840 --> 00:26:21,400 But that's sort of an example, again, this kind of only makes sense with that long report 399 00:26:21,400 --> 00:26:25,400 that's attached to it. 400 00:26:25,400 --> 00:26:30,120 In terms of connected didn't, so these are our efforts focused in sort of our traditional 401 00:26:30,120 --> 00:26:35,200 business retention and expansion, attraction and marketing and our industrial development. 402 00:26:35,200 --> 00:26:41,400 We had 16 total actions and there you'll see most of our actions are in progress with one 403 00:26:41,400 --> 00:26:46,600 complete action in that area and creative didn't. 404 00:26:46,600 --> 00:26:52,040 So a lot of these are ones that we're actually working with, with Heather on, because this 405 00:26:52,040 --> 00:26:56,760 is our entrepreneurship, innovation, creativity focus section. 406 00:26:56,760 --> 00:27:03,560 So a lot of actions here are related to working with Stoke, working with the universities 407 00:27:03,560 --> 00:27:08,440 and the school districts to kind of build up our capacity in these areas. 408 00:27:08,440 --> 00:27:13,600 So we're going to see these items in action and in progress for some time, but we're hoping 409 00:27:13,600 --> 00:27:21,680 to kind of move all of these forward and hopefully get some wins in this area over the next year. 410 00:27:21,680 --> 00:27:26,880 The sustainable didn't programs, this is an area that we haven't had a lot of focus in 411 00:27:26,880 --> 00:27:31,720 right now, but it's certainly one of those areas for improvement for our team where we've 412 00:27:31,720 --> 00:27:37,040 got to do a little bit more research and capacity building on working with our sustainability 413 00:27:37,040 --> 00:27:43,360 team on how we can support this effort moving forward. 414 00:27:43,360 --> 00:27:48,640 Competitive didn't know a lot of these are forward looking areas. 415 00:27:48,640 --> 00:27:53,280 So things like the coal hunter ranch development, professional office space and infrastructure 416 00:27:53,280 --> 00:27:54,280 development. 417 00:27:54,280 --> 00:27:57,840 Those are things that we might start having those conversations this year, but they're 418 00:27:57,840 --> 00:28:02,640 really forward and in future items as well. 419 00:28:02,640 --> 00:28:06,900 And then our last goal was strengthening community inclusion and we've made a lot of strides 420 00:28:06,900 --> 00:28:07,900 in that. 421 00:28:07,900 --> 00:28:12,900 And I'd encourage you to read that section because we are taking a lot of steps in this 422 00:28:12,900 --> 00:28:19,780 area really early on to get some things in place that were really needed across the city 423 00:28:19,780 --> 00:28:23,520 both internally and externally. 424 00:28:23,520 --> 00:28:28,740 So just to summarize some key updates, again, we've made a lot of progress in our COVID 425 00:28:28,740 --> 00:28:33,840 recovery efforts and we've had a lot of movement in our connected debt and strategic growth 426 00:28:33,840 --> 00:28:38,000 area where we're kind of ramping up our existing efforts. 427 00:28:38,000 --> 00:28:41,280 And then we are working towards our program agreement for stoked it. 428 00:28:41,280 --> 00:28:45,940 And as I mentioned, that'll help us in that creative debt and strategic growth area. 429 00:28:45,940 --> 00:28:51,040 And then looking ahead, really, we're wanting to build on our early successes in our capacity 430 00:28:51,040 --> 00:28:52,040 building. 431 00:28:52,040 --> 00:28:59,640 So that's building out the tools and the things that we need to implement a lot of our tasks. 432 00:28:59,640 --> 00:29:03,920 So those were things like getting our CRM system set up and built out that gives us 433 00:29:03,920 --> 00:29:10,640 a lot more kind of firepower in terms of what we can do in analytics and data support and 434 00:29:10,640 --> 00:29:13,560 really making smart decisions with our programs. 435 00:29:13,560 --> 00:29:18,400 We're continuing to work on our catalyst fund and those new policies and programs. 436 00:29:18,400 --> 00:29:22,520 The last, you know, we talked about that being incorporated as part of the city's overall 437 00:29:22,520 --> 00:29:23,520 budgeting process. 438 00:29:23,520 --> 00:29:27,240 And so as we're getting that ramped up over the next month, we'll probably come back to 439 00:29:27,240 --> 00:29:30,040 this board with updates. 440 00:29:30,040 --> 00:29:34,700 And then as I mentioned, capacity and resources are those internal things. 441 00:29:34,700 --> 00:29:42,280 And so making sure that we're in progress on a lot of those items, because those are 442 00:29:42,280 --> 00:29:43,280 our internal things. 443 00:29:43,280 --> 00:29:47,040 Those are things that we need to do from a capacity standpoint to make sure that we can 444 00:29:47,040 --> 00:29:49,520 execute on those strategies. 445 00:29:49,520 --> 00:29:52,140 And then we're continuing to just formalize work plans. 446 00:29:52,140 --> 00:29:57,240 There's a lot more text that goes behind all of these things and discussions, but just 447 00:29:57,240 --> 00:30:01,680 making sure that we're keeping track of where we are and that we're providing the board 448 00:30:01,680 --> 00:30:04,040 updates on these regularly. 449 00:30:04,040 --> 00:30:08,360 And so that's really our summary report on this. 450 00:30:08,360 --> 00:30:13,640 Again, I didn't want to go into the long detailed 30 page report unless there were specific 451 00:30:13,640 --> 00:30:14,640 questions. 452 00:30:14,640 --> 00:30:18,680 But I know that this board worked so hard on making sure that we had strategies and 453 00:30:18,680 --> 00:30:24,240 tactics that really would help us achieve the vision. 454 00:30:24,240 --> 00:30:29,080 And so I want to keep you updated on where we are and what we're doing as best I can. 455 00:30:29,080 --> 00:30:31,120 So I also welcome your feedback. 456 00:30:31,120 --> 00:30:37,400 If this isn't the way this information makes sense to the board, please, please give me 457 00:30:37,400 --> 00:30:40,120 any guidance that that would be a big help. 458 00:30:40,120 --> 00:30:43,560 We have a question from Tina Albert, please. 459 00:30:43,560 --> 00:30:44,560 Yes. 460 00:30:44,560 --> 00:30:45,560 Jessica, thank you for the information. 461 00:30:45,560 --> 00:30:49,480 I think a status update on this is good. 462 00:30:49,480 --> 00:30:57,320 Do you plan on reporting this quarterly or giving updates quarterly or what's the cadence? 463 00:30:57,320 --> 00:31:00,360 We do report on this quarterly. 464 00:31:00,360 --> 00:31:06,400 And so our hope is that we will incorporate this into our regular quarterly reporting. 465 00:31:06,400 --> 00:31:10,640 I'm fingers crossed that hopefully we'll have almost a public dashboard at some point in 466 00:31:10,640 --> 00:31:14,920 the future that we'll be able to kind of put it out and you guys will get to go point to 467 00:31:14,920 --> 00:31:17,600 things going forward. 468 00:31:17,600 --> 00:31:20,720 We just don't have all of that built out just yet. 469 00:31:20,720 --> 00:31:24,560 Yeah, I think I thought it was really good. 470 00:31:24,560 --> 00:31:33,000 I think maybe for me just going for the future, your actions in progress, even like a indicator 471 00:31:33,000 --> 00:31:37,760 saying, hey, it's on pace, right? 472 00:31:37,760 --> 00:31:40,000 And what risks do you have in here? 473 00:31:40,000 --> 00:31:41,240 That's kind of my question. 474 00:31:41,240 --> 00:31:42,800 What's the risk? 475 00:31:42,800 --> 00:31:43,800 Is it on pace? 476 00:31:43,800 --> 00:31:49,560 Or maybe even, it's just an idea, a little green dot or yellow dot or red dot. 477 00:31:49,560 --> 00:31:55,200 And we highlight the risk if there's any each of the quarterly updates. 478 00:31:55,200 --> 00:31:58,040 Sure. 479 00:31:58,040 --> 00:31:59,040 I like that. 480 00:31:59,040 --> 00:32:00,240 I was going to have little icons. 481 00:32:00,240 --> 00:32:01,240 Yeah. 482 00:32:01,240 --> 00:32:02,240 Didn't get them in. 483 00:32:02,240 --> 00:32:03,240 Perfect. 484 00:32:03,240 --> 00:32:04,240 Any other questions? 485 00:32:04,240 --> 00:32:05,240 Feedback is good. 486 00:32:05,240 --> 00:32:06,240 Yes. 487 00:32:06,240 --> 00:32:18,680 I'll jump out and I'll stir the pot a little bit, and then hopefully the rest of you will 488 00:32:18,680 --> 00:32:20,920 continue to stir it. 489 00:32:20,920 --> 00:32:29,560 So Jessica, we had those folks out of Austin that did this study for us, and in preparing 490 00:32:29,560 --> 00:32:34,880 for this meeting, I did read through all the points, and it was really good to get refreshed 491 00:32:34,880 --> 00:32:41,920 on the intention of this effort. 492 00:32:41,920 --> 00:32:54,560 And my question is this, with such a large effort, and we've got a lot to get our arms 493 00:32:54,560 --> 00:33:07,680 around, I mean, we have 30 pages, ladies and gentlemen, of things, and I believe that, 494 00:33:07,680 --> 00:33:12,640 I think you did a good job, Jessica, of kind of grouping them, and then also kind of giving 495 00:33:12,640 --> 00:33:21,560 us the status, started, not started, in progress, those kind of things, and I think all that's 496 00:33:21,560 --> 00:33:22,560 good. 497 00:33:22,560 --> 00:33:26,640 But my next question is, when do we think we're going to have all these things done? 498 00:33:26,640 --> 00:33:32,960 Maybe that's a great question. 499 00:33:32,960 --> 00:33:34,840 I don't have an answer. 500 00:33:34,840 --> 00:33:40,360 Some of them have hard completion dates, right? 501 00:33:40,360 --> 00:33:45,000 They're kind of singular actions, and so we can kind of point to a date and say, our goal 502 00:33:45,000 --> 00:33:51,120 is to have this in place by a certain day on a calendar. 503 00:33:51,120 --> 00:33:57,440 Let's do this, let's do this, let's say we're going to do it in two years, three years. 504 00:33:57,440 --> 00:34:06,240 Yeah, so each item next to it has a timeline, so they identified the timeline that this 505 00:34:06,240 --> 00:34:12,560 action would either initiate or come to some sort of sustainable function, and so our goal 506 00:34:12,560 --> 00:34:16,160 is to try and align our efforts into that timeline. 507 00:34:16,160 --> 00:34:22,160 So if it said ongoing, those are things that are happening now. 508 00:34:22,160 --> 00:34:25,640 We're continuing to work and have those conversations. 509 00:34:25,640 --> 00:34:30,600 You'll see that there are things that say ongoing and complete, and so that's why it 510 00:34:30,600 --> 00:34:32,800 seems misleading. 511 00:34:32,800 --> 00:34:37,720 Things that are complete may be, we're going to have to continue to find updates in that, 512 00:34:37,720 --> 00:34:39,780 but the primary work is done. 513 00:34:39,780 --> 00:34:45,760 So the thing that was needed to be in place, things like updating our CRM system, we've 514 00:34:45,760 --> 00:34:47,660 got it in place. 515 00:34:47,660 --> 00:34:53,280 We have to continue to update it over time, but we consider that item complete. 516 00:34:53,280 --> 00:34:56,320 I'm going to come back to you again. 517 00:34:56,320 --> 00:34:57,320 Okay. 518 00:34:57,320 --> 00:35:01,200 Let's say, for example, a lot of us that are sitting here today will not be here in two 519 00:35:01,200 --> 00:35:07,400 years or in three years, so out of sight, out of mind, out of sight. 520 00:35:07,400 --> 00:35:14,280 Basically, I'm engaged, but once I'm off the board, my engagement kind of leaves because 521 00:35:14,280 --> 00:35:20,360 I'm not around it as much, but somehow there has to be a way also to kind of keep everyone 522 00:35:20,360 --> 00:35:23,640 abreast of what's going on. 523 00:35:23,640 --> 00:35:29,880 But in my mind, I'm thinking that to have everything done, are we basically looking 524 00:35:29,880 --> 00:35:31,620 at three years, five years? 525 00:35:31,620 --> 00:35:33,640 That's kind of what I'm looking for. 526 00:35:33,640 --> 00:35:41,200 The plan was adopted as a five-year plan, so it's intention to capture all of our efforts 527 00:35:41,200 --> 00:35:42,840 over the next five years. 528 00:35:42,840 --> 00:35:44,440 Excellent, thank you. 529 00:35:44,440 --> 00:35:46,640 Thank you, thank you. 530 00:35:46,640 --> 00:35:52,580 Any other questions from anyone? 531 00:35:52,580 --> 00:35:54,320 And Jessica, there was, I was in the reading. 532 00:35:54,320 --> 00:35:55,320 Can I just say something? 533 00:35:55,320 --> 00:35:56,320 I'm sorry. 534 00:35:56,320 --> 00:35:57,320 I don't have a question, but I have a comment. 535 00:35:57,320 --> 00:35:58,320 Go ahead, Jill. 536 00:35:58,320 --> 00:35:59,320 Thank you. 537 00:35:59,320 --> 00:36:03,440 I just want to say kudos to the incredible work that has gone in here. 538 00:36:03,440 --> 00:36:10,200 I mean, this was created not that long ago, and to have all of the different components 539 00:36:10,200 --> 00:36:17,280 so well-defined, who is responsible for each of those, which of those are shared, and then 540 00:36:17,280 --> 00:36:22,280 to get this kind of update and scene with the staff that you have and in partnership 541 00:36:22,280 --> 00:36:30,000 with the Chamber, what all has been accomplished is so impressive, and I'm just so very proud 542 00:36:30,000 --> 00:36:40,000 of all the people who have contributed, but I'm super, super proud of Denton for the accomplishments 543 00:36:40,000 --> 00:36:46,280 that have been made in the amount of time since maybe not even a year ago we started 544 00:36:46,280 --> 00:36:54,320 this really kind of putting pen to paper on this, so well done from taking what the consultants 545 00:36:54,320 --> 00:37:00,200 advised, the input from council, the input from everyone else, and creating this document 546 00:37:00,200 --> 00:37:05,680 now we're seeing in action, and it makes it so easy for us that are not there day-to-day 547 00:37:05,680 --> 00:37:10,640 to see what's happening and where progress is being made and what our goals are. 548 00:37:10,640 --> 00:37:17,560 So anyways, I just want to say it's a huge relief to see all that work pay off. 549 00:37:17,560 --> 00:37:18,560 Thank you. 550 00:37:18,560 --> 00:37:23,040 And all of that is really owed to the people you see on the screen, because they just get 551 00:37:23,040 --> 00:37:27,440 me bugging them every day, Kay, and Corey, and Dan, and Erica going, "Where are we on 552 00:37:27,440 --> 00:37:28,440 this? 553 00:37:28,440 --> 00:37:32,400 Where are we on this?" 554 00:37:32,400 --> 00:37:35,680 So big, you know, that's shared. 555 00:37:35,680 --> 00:37:36,680 Yeah. 556 00:37:36,680 --> 00:37:38,360 John, this is Steve. 557 00:37:38,360 --> 00:37:45,560 I would echo Jill's, this is an exhaustive list and tremendous work. 558 00:37:45,560 --> 00:37:54,600 I do think the area, the goal three on strengthening community inclusion from my perspective takes 559 00:37:54,600 --> 00:38:03,440 on a unique necessity to circle back with some of those, whenever we identify work and 560 00:38:03,440 --> 00:38:09,240 meet regularly with key employers, simply because the pandemic has shifted some of the 561 00:38:09,240 --> 00:38:16,800 things that we probably identified as necessities or must-dos, some of those have moved to different 562 00:38:16,800 --> 00:38:23,400 environments to get the work done and to see what part of that gets reset as we ease out 563 00:38:23,400 --> 00:38:30,200 of the pandemic, that would be wonderful, I think, for us all to see on how that's going 564 00:38:30,200 --> 00:38:31,200 to be provided. 565 00:38:31,200 --> 00:38:35,560 And certainly from a healthcare standpoint, we've experienced that as well. 566 00:38:35,560 --> 00:38:42,640 But I echo Jill's comment that very well done and I look forward to pacing the updates throughout 567 00:38:42,640 --> 00:38:45,640 our meetings as well. 568 00:38:45,640 --> 00:38:46,640 Thank you, Jill. 569 00:38:46,640 --> 00:38:47,640 Thank you, Steve. 570 00:38:47,640 --> 00:38:48,640 Any other comments or accolades? 571 00:38:48,640 --> 00:39:00,400 Okay, do we need to have a recommendation on this one, Jessica, or just informational 572 00:39:00,400 --> 00:39:01,400 only? 573 00:39:01,400 --> 00:39:03,200 Just informational only. 574 00:39:03,200 --> 00:39:06,400 We just wanted to make sure the board, you know, as we continue to work through this 575 00:39:06,400 --> 00:39:10,840 first year, we want to keep bringing it back as a discussion item and not just a report 576 00:39:10,840 --> 00:39:16,960 so that you have an opportunity to give us feedback and direction on these items and 577 00:39:16,960 --> 00:39:20,720 we can have those conversations, you know, our doors are open any time. 578 00:39:20,720 --> 00:39:25,680 If there's something on here that you have information or knowledge or experience or 579 00:39:25,680 --> 00:39:29,840 expertise on, you know, we welcome it. 580 00:39:29,840 --> 00:39:34,160 We need, as you can tell with 122 items to go, we need all the help we can get. 581 00:39:34,160 --> 00:39:38,920 So please don't hesitate to reach out because we want to make sure that we're staying on 582 00:39:38,920 --> 00:39:41,600 track with this board. 583 00:39:41,600 --> 00:39:42,600 Thank you, Jessica. 584 00:39:42,600 --> 00:39:46,600 And before we go to this last item, I did have a question. 585 00:39:46,600 --> 00:39:51,280 As I was reading the packet, it seemed like there was a lot of discussion about roads 586 00:39:51,280 --> 00:39:54,560 and improvements and those types of things. 587 00:39:54,560 --> 00:39:59,400 Are we going to touch any of that here, the downtown area? 588 00:39:59,400 --> 00:40:01,040 No. 589 00:40:01,040 --> 00:40:05,800 So that presentation that's on all the downtown capital projects was what we include, that 590 00:40:05,800 --> 00:40:09,280 was what was the presentation that was given to the downtown economic development committee. 591 00:40:09,280 --> 00:40:12,420 So I wanted this board to just have that as reference. 592 00:40:12,420 --> 00:40:13,720 We get asked those questions a lot. 593 00:40:13,720 --> 00:40:15,640 I'm sure you get asked those questions a lot. 594 00:40:15,640 --> 00:40:20,320 I'm sure Councilmember Davis and Mayor Hudspeth are on the line, get asked those questions 595 00:40:20,320 --> 00:40:21,320 a lot. 596 00:40:21,320 --> 00:40:25,720 So it's nice to have that information when your friends and neighbors say, what are they 597 00:40:25,720 --> 00:40:27,080 doing over there? 598 00:40:27,080 --> 00:40:31,720 Tina, were you going to make a comment? 599 00:40:31,720 --> 00:40:32,720 Okay. 600 00:40:32,720 --> 00:40:33,720 All right. 601 00:40:33,720 --> 00:40:34,720 Good deal. 602 00:40:34,720 --> 00:40:39,440 The last item agenda item is EDP 21-015. 603 00:40:39,440 --> 00:40:43,520 Receive a report, hold discussion, give staff direction regarding the economic development 604 00:40:43,520 --> 00:40:49,000 partnership fiscal year 2021 second quarter activity report. 605 00:40:49,000 --> 00:40:53,080 I like the report, Jessica, you want to take it from here? 606 00:40:53,080 --> 00:40:54,080 Absolutely. 607 00:40:54,080 --> 00:40:57,800 And I'll let everyone kind of talk about their areas if they want, but what we really wanted 608 00:40:57,800 --> 00:41:02,640 to do and what we're very proud of is this is the second version of our new comprehensive 609 00:41:02,640 --> 00:41:04,400 quarterly report. 610 00:41:04,400 --> 00:41:09,520 I'm sure many of you turned tuned into the city council meeting yesterday, seeing head 611 00:41:09,520 --> 00:41:16,080 not no head yet, to see us, we did our mid year economic development report yesterday. 612 00:41:16,080 --> 00:41:20,280 And we got to share a lot of our successes and wins with the city council. 613 00:41:20,280 --> 00:41:24,520 And so we're not going to do the full presentation, we just have the report for you. 614 00:41:24,520 --> 00:41:32,200 But I wanted to give the opportunity for Corey or Kay, you know, and Dan and Erica as well, 615 00:41:32,200 --> 00:41:39,420 they've been they've been really doing a lot, you know, to increase our efforts and introduce 616 00:41:39,420 --> 00:41:40,420 new programs. 617 00:41:40,420 --> 00:41:46,080 And so I'll pull up the presentation and then just we'll walk you through it. 618 00:41:46,080 --> 00:41:50,240 Jessica, I think if you just kind of scroll us through it, and that way everybody at least 619 00:41:50,240 --> 00:41:55,920 kind of gets a visual and they may get inspired to go back and look at it more in detail later. 620 00:41:55,920 --> 00:41:56,920 Yes. 621 00:41:56,920 --> 00:41:58,360 Well, we will do that. 622 00:41:58,360 --> 00:41:59,360 All right. 623 00:41:59,360 --> 00:42:01,640 So this is our new our second version. 624 00:42:01,640 --> 00:42:07,060 We took feedback from our first version, particularly in terms of the stats we were collected. 625 00:42:07,060 --> 00:42:12,740 So these are kind of our four key stats that we have, tracking our sales tax collections, 626 00:42:12,740 --> 00:42:18,720 tracking our unemployment rate, and then our new residential permit values and our commercial 627 00:42:18,720 --> 00:42:19,720 permit values. 628 00:42:19,720 --> 00:42:24,240 So getting an idea of what's happening in terms of investment in our community. 629 00:42:24,240 --> 00:42:27,620 And the feedback we got was tracking kind of year over year. 630 00:42:27,620 --> 00:42:37,360 And so we made a few changes to this to show kind of both 2020 year to date and 2021. 631 00:42:37,360 --> 00:42:40,120 And so that's the main change that you'll see here. 632 00:42:40,120 --> 00:42:45,840 Same data that you saw in the first in the first version, just updated to capture that 633 00:42:45,840 --> 00:42:47,180 second quarter. 634 00:42:47,180 --> 00:42:52,420 And then I'll let Corey talk about business attraction. 635 00:42:52,420 --> 00:42:57,360 Good morning, everyone. 636 00:42:57,360 --> 00:43:03,680 Just to kind of give you some brief update regarding business attraction, we we currently 637 00:43:03,680 --> 00:43:14,060 have 44 active projects, we got requests for 41 new RFIs between the first and second quarter. 638 00:43:14,060 --> 00:43:18,560 We've been a finalist for three projects through the second quarter. 639 00:43:18,560 --> 00:43:24,680 And we actually were notified last week that we're finalists for another project as well. 640 00:43:24,680 --> 00:43:28,260 So we've got all those that we're working on. 641 00:43:28,260 --> 00:43:35,100 And most importantly, we've been able to close as one, two projects, of course, everyone's 642 00:43:35,100 --> 00:43:39,000 aware of the lows that project that closed at the end of last year, that was a quarter 643 00:43:39,000 --> 00:43:40,000 one project. 644 00:43:40,000 --> 00:43:46,480 It's about 110 new jobs and about 40 to 60 million in capital investment between the 645 00:43:46,480 --> 00:43:49,520 cost of the building and the equipment. 646 00:43:49,520 --> 00:43:51,520 So it's a great project. 647 00:43:51,520 --> 00:44:00,000 We also closed in the second quarter, MLS, which is a local supplier to Peterbilt has 648 00:44:00,000 --> 00:44:07,380 consolidated their seven separate operations as well as expanded into a 400,000 square 649 00:44:07,380 --> 00:44:13,220 foot building in Denton crossing at I-35 on Western Boulevard. 650 00:44:13,220 --> 00:44:19,600 So that's a huge win, I think, you know, in economic development. 651 00:44:19,600 --> 00:44:23,840 Everybody loves to hear the new companies coming to town and how important that is. 652 00:44:23,840 --> 00:44:25,400 And it's great. 653 00:44:25,400 --> 00:44:32,360 But fostering and growing our existing businesses is just as important. 654 00:44:32,360 --> 00:44:40,160 And so we'd love to see our local businesses invest further in the community. 655 00:44:40,160 --> 00:44:45,000 And this kind of just gives you a little bit of an update on some of the projects we're 656 00:44:45,000 --> 00:44:54,440 working on, what type of industry they are, and I'm happy to answer any questions. 657 00:44:54,440 --> 00:45:00,760 I'll pull it down just for a second so I can see everyone. 658 00:45:00,760 --> 00:45:07,520 Is there any questions about attraction? 659 00:45:07,520 --> 00:45:12,360 We like to keep Corey busy if you can't tell. 660 00:45:12,360 --> 00:45:14,760 It's amazing the way that it is really picked up. 661 00:45:14,760 --> 00:45:22,320 I mean, in the past quarter or so since, of course, the downturn during COVID, but wow, 662 00:45:22,320 --> 00:45:25,480 it's really blowing and going. 663 00:45:25,480 --> 00:45:33,720 But that's great, the interest that people have in coming here and well done, everyone. 664 00:45:33,720 --> 00:45:35,240 All right. 665 00:45:35,240 --> 00:45:40,680 I think the next one is Kay, and Kay has been really doing a lot. 666 00:45:40,680 --> 00:45:43,320 She's really ramped up the business retention and expansion. 667 00:45:43,320 --> 00:45:50,960 So Kay, I don't know if you have just maybe a quick couple minute update on that. 668 00:45:50,960 --> 00:45:53,320 Yeah, sure. 669 00:45:53,320 --> 00:45:57,280 So we have extended the list. 670 00:45:57,280 --> 00:46:04,440 We originally started the list at about 45 or 50, but we weren't getting as many responses. 671 00:46:04,440 --> 00:46:10,400 So I've extended the list and put together a historically underutilized business and minority 672 00:46:10,400 --> 00:46:15,080 owned business list and so I've added those businesses to our retention efforts and made 673 00:46:15,080 --> 00:46:20,280 contact with those businesses and our scheduling meetings with them. 674 00:46:20,280 --> 00:46:24,680 Interestingly enough, you can see here in the key takeaways, a lot of our businesses 675 00:46:24,680 --> 00:46:28,880 that we've met with actually did not, were not hit hard by the COVID. 676 00:46:28,880 --> 00:46:33,240 Some of them actually saw increases in some of their sales and revenues. 677 00:46:33,240 --> 00:46:39,680 I think Bunch of Bikes is the poster child for that because their business expanded so 678 00:46:39,680 --> 00:46:42,840 much where they're looking for additional space in the city, they're looking to expand 679 00:46:42,840 --> 00:46:48,840 and relocate within the city because of the additional units that they started selling. 680 00:46:48,840 --> 00:46:52,000 And by the way, they're going to be featured on Shark Tank and I think that's in the report 681 00:46:52,000 --> 00:46:53,000 as well. 682 00:46:53,000 --> 00:47:01,560 But the primary concern that a lot of businesses had was in regards to just marketing and business 683 00:47:01,560 --> 00:47:05,160 leads were the primary challenges and people knowing that they're still existing, that 684 00:47:05,160 --> 00:47:08,760 they're there and just trying to find some assistance there. 685 00:47:08,760 --> 00:47:14,500 The strategic plan speaks specifically about including the efforts on the city side to 686 00:47:14,500 --> 00:47:15,500 address that. 687 00:47:15,500 --> 00:47:19,760 So we'll be adding that to the list of things that we'll be working on in the future to 688 00:47:19,760 --> 00:47:21,800 address that for the business concerns. 689 00:47:21,800 --> 00:47:27,760 But that's the high level in regards to business retention and expansion. 690 00:47:27,760 --> 00:47:30,920 I don't know if anybody had any questions about that? 691 00:47:30,920 --> 00:47:35,720 Take it out just in case. 692 00:47:35,720 --> 00:47:40,000 Good job, Kay. 693 00:47:40,000 --> 00:47:43,440 Thank you, Mr. Baines. 694 00:47:43,440 --> 00:47:47,120 And then Kay, the next slide is actually our workforce education and training. 695 00:47:47,120 --> 00:47:53,400 And this past quarter, Kay worked with a number of our partners, particularly with the Denton 696 00:47:53,400 --> 00:47:58,640 Black Chamber of Commerce to host a doing business with local government and state agencies 697 00:47:58,640 --> 00:48:00,400 for minority-owned businesses. 698 00:48:00,400 --> 00:48:04,800 And so I'll pull that up and then let her kind of tell you about that. 699 00:48:04,800 --> 00:48:07,640 But what a great success that was. 700 00:48:07,640 --> 00:48:08,640 It really was. 701 00:48:08,640 --> 00:48:10,000 And we were so excited. 702 00:48:10,000 --> 00:48:19,780 The participants, both universities, NCTC, Denton ISD, the city of Denton and North Texas 703 00:48:19,780 --> 00:48:26,460 Tollway Authority all participated in providing information on how to do business with them. 704 00:48:26,460 --> 00:48:32,800 We also had the North Central Texas Regional Certification Agency, it's a mouthful, there 705 00:48:32,800 --> 00:48:39,440 to present on how the businesses can become certified, small business enterprises, minority 706 00:48:39,440 --> 00:48:45,280 business enterprise, and what those certifications mean for them in regards to procurement and 707 00:48:45,280 --> 00:48:46,280 contracting. 708 00:48:46,280 --> 00:48:51,520 We had about 48 attendees and received several emails after the event thanking us for the 709 00:48:51,520 --> 00:48:55,680 information and how helpful it was. 710 00:48:55,680 --> 00:48:56,800 So super excited about that. 711 00:48:56,800 --> 00:49:02,600 The partnerships and the willingness and openness for the partners that we've partnered with 712 00:49:02,600 --> 00:49:05,760 in the city of Denton has been unmatched. 713 00:49:05,760 --> 00:49:13,200 I've worked in several cities and I really enjoy the enthusiasm and the intentional, 714 00:49:13,200 --> 00:49:17,240 just being intentional from the partners in regards to them being open to anything the 715 00:49:17,240 --> 00:49:21,640 city says that will allow us to support our businesses. 716 00:49:21,640 --> 00:49:25,560 That was a great event and we look forward to partnering with our chamber and the Denton 717 00:49:25,560 --> 00:49:31,360 Black Chamber of Commerce on several more events to support that business subset. 718 00:49:31,360 --> 00:49:35,640 And also, Jessica, I don't know, it's not in the presentation, but I also wanted to 719 00:49:35,640 --> 00:49:41,720 mention to the group that I'm preparing a minority business roundtable to address the 720 00:49:41,720 --> 00:49:47,360 strategic plans, efforts on how we can support minority women-owned businesses in the community. 721 00:49:47,360 --> 00:49:52,760 So we'll be putting together a roundtable so that we can, from our end as professionals, 722 00:49:52,760 --> 00:49:57,280 can put all the words on the paper that we want to, but until we actually hear from those 723 00:49:57,280 --> 00:50:01,600 actual businesses what support looks like, we'll help us guide that and ensure that it 724 00:50:01,600 --> 00:50:03,920 looks like exactly what it needs to look like. 725 00:50:03,920 --> 00:50:07,360 So we're working on that as well. 726 00:50:07,360 --> 00:50:17,040 And then I'll go through the last little bit of the report pretty quickly and just wrap 727 00:50:17,040 --> 00:50:18,040 it up for everyone. 728 00:50:18,040 --> 00:50:20,640 So the last section is the key activities. 729 00:50:20,640 --> 00:50:22,840 So this is just where we kind of keep track. 730 00:50:22,840 --> 00:50:29,240 Things that are in progress, stats that we're wanting to keep track of, just things like 731 00:50:29,240 --> 00:50:30,680 our business assistance requests. 732 00:50:30,680 --> 00:50:35,660 So these are our sort of cold calls, a business needs help with any number of things. 733 00:50:35,660 --> 00:50:41,220 And so we had 51 requests that could range from anything from I need help finding a site, 734 00:50:41,220 --> 00:50:45,400 I want to open a new business, how do I get started, how do I figure out what my zoning 735 00:50:45,400 --> 00:50:53,080 is, to how do I set up utilities, to anything kind of in between. 736 00:50:53,080 --> 00:50:58,360 That's our team working on behalf of businesses or planned businesses in our community to 737 00:50:58,360 --> 00:51:01,080 get them information that they may need. 738 00:51:01,080 --> 00:51:05,400 And then what we've highlighted there in the boxes is one, and big things that we want 739 00:51:05,400 --> 00:51:08,400 to keep in mind and we want the board to be aware of. 740 00:51:08,400 --> 00:51:12,920 So the Denton Plan 2040, which is an update of our comprehensive plan, which will guide 741 00:51:12,920 --> 00:51:15,160 the next 15 to 20 years of development. 742 00:51:15,160 --> 00:51:20,200 So we've got the website listed there, please take a look at that and stay engaged and involved. 743 00:51:20,200 --> 00:51:24,000 That's a huge community effort and economic development plays a tremendous role in that 744 00:51:24,000 --> 00:51:25,760 plan. 745 00:51:25,760 --> 00:51:31,280 And so we want to make sure everyone has that information and can weigh in and give your 746 00:51:31,280 --> 00:51:35,300 opinion on kind of guiding future development in Denton. 747 00:51:35,300 --> 00:51:40,980 Our strategic plan was formally adopted on February 9th, so we are celebrating. 748 00:51:40,980 --> 00:51:46,720 Some other things to kind of be proud of is that the Economic Development Partnership 749 00:51:46,720 --> 00:51:52,760 received the Texas Economic Development Council's Economic Excellence Recognition Award. 750 00:51:52,760 --> 00:51:58,480 This speaks to the level of professionalism that our office has, so this includes training 751 00:51:58,480 --> 00:52:05,160 and certifications and our formalized plans and policies that really kind of says we've 752 00:52:05,160 --> 00:52:10,720 met significant standards in terms of just the professionalism and operation of our office. 753 00:52:10,720 --> 00:52:15,520 And then we were also named the Economic Development Partner of the Year by Workforce Solutions 754 00:52:15,520 --> 00:52:18,020 of North Central Texas. 755 00:52:18,020 --> 00:52:23,280 And that's, you know, as Kay spoke to our partnerships, we don't do this alone. 756 00:52:23,280 --> 00:52:28,760 We do this through a large part through the work of our key partners and Workforce Solutions 757 00:52:28,760 --> 00:52:29,760 is one of those. 758 00:52:29,760 --> 00:52:36,800 So we're certainly very humbled and thankful that they recognized our efforts to work collaboratively 759 00:52:36,800 --> 00:52:40,320 with our partners in the community. 760 00:52:40,320 --> 00:52:44,140 And then the next slides were just some, we thought it'd be fun to include some updates 761 00:52:44,140 --> 00:52:47,440 from all of the organizations that we work with on a regular basis. 762 00:52:47,440 --> 00:52:54,240 So Heather and Tracy with the Center for Women Entrepreneurs gave us an update on the conclusion 763 00:52:54,240 --> 00:52:57,400 of the inaugural Accelerate Her program. 764 00:52:57,400 --> 00:52:59,040 So a great, great photo there. 765 00:52:59,040 --> 00:53:05,920 You might see some faces that you recognize, Mr. Baines, former Chairman Marty Rivers there 766 00:53:05,920 --> 00:53:10,720 in the meeting, Denton Main Street has a number of things going on and this past weekend was 767 00:53:10,720 --> 00:53:16,680 their spring open house and such a great event to get people continuing to support businesses 768 00:53:16,680 --> 00:53:18,520 in our community. 769 00:53:18,520 --> 00:53:23,280 And then the chamber, I know Corey will, I'd be remiss if I didn't say we have our next 770 00:53:23,280 --> 00:53:25,440 investors reception on May 12th. 771 00:53:25,440 --> 00:53:29,040 And so look forward to that as well. 772 00:53:29,040 --> 00:53:34,520 And that's all we sort of have for our key updates on our strategic plan. 773 00:53:34,520 --> 00:53:39,280 We already went through our strategic plan updates, so I didn't want to duplicate that 774 00:53:39,280 --> 00:53:46,400 slide again for the board, but so that's Jessica, if I can just do a little bit further plug 775 00:53:46,400 --> 00:53:51,020 our next investor reception is May 12th, which is a Wednesday evening. 776 00:53:51,020 --> 00:53:52,520 We're going to do it in person. 777 00:53:52,520 --> 00:53:58,800 We're trying to find an indoor outdoor venue to kind of make sure base spread out as possible. 778 00:53:58,800 --> 00:54:04,760 Mr. Edgar with medical city as well as Jeff Rieser will kind of talk about the business 779 00:54:04,760 --> 00:54:09,960 side of healthcare and their impact economically on the community. 780 00:54:09,960 --> 00:54:13,760 And then we also have Matt Richardson with Denton County, the Denton County Health Administrator 781 00:54:13,760 --> 00:54:21,320 to kind of address the health side of healthcare, specifically related to COVID and everybody's 782 00:54:21,320 --> 00:54:23,160 questions there. 783 00:54:23,160 --> 00:54:26,400 So I think it's going to be a really, really good event. 784 00:54:26,400 --> 00:54:29,760 You can go to our website and register for that. 785 00:54:29,760 --> 00:54:35,240 We'd love to see everyone there. 786 00:54:35,240 --> 00:54:37,480 Once again, what date is that, Corey? 787 00:54:37,480 --> 00:54:43,480 It is Wednesday, May 12th, and it's going to be from five to seven ish in the evening. 788 00:54:43,480 --> 00:54:44,480 Place to be determined. 789 00:54:44,480 --> 00:54:46,320 Yes, sir. 790 00:54:46,320 --> 00:54:50,960 We should have that venue worked out here just in the next few days. 791 00:54:50,960 --> 00:54:51,960 Awesome. 792 00:54:51,960 --> 00:54:52,960 Awesome. 793 00:54:52,960 --> 00:54:58,120 Well, I believe we're at the concluding items. 794 00:54:58,120 --> 00:55:03,320 And typically we would like to ask anyone if there are any things that they would like 795 00:55:03,320 --> 00:55:08,640 to have on future agendas, please let us know. 796 00:55:08,640 --> 00:55:11,640 Should they reach out with an email to you, Jessica, or to Erica? 797 00:55:11,640 --> 00:55:13,800 How should we do that? 798 00:55:13,800 --> 00:55:20,080 Yes, unfortunately, not to Erica, to Pam. 799 00:55:20,080 --> 00:55:25,960 The smiling face of Erica Pangburn is enjoying life in Abilene with her husband now, so we 800 00:55:25,960 --> 00:55:27,640 certainly miss her. 801 00:55:27,640 --> 00:55:35,120 But yes, reach out to me or Corey or any member of the team, and we will get things added 802 00:55:35,120 --> 00:55:36,360 if something comes up. 803 00:55:36,360 --> 00:55:41,840 Please don't hesitate to use us as a resource or let us know if there's a discussion that 804 00:55:41,840 --> 00:55:44,000 we need to get scheduled. 805 00:55:44,000 --> 00:55:45,320 Excellent. 806 00:55:45,320 --> 00:55:53,840 So we'd like to thank everyone for your participation today, your positivity, and your intense interest 807 00:55:53,840 --> 00:55:56,400 in the city of Denton and its progress. 808 00:55:56,400 --> 00:55:59,880 And we look forward to seeing everyone at our next meeting, and I hope you have a great 809 00:55:59,880 --> 00:56:00,880 day. 810 00:56:00,880 --> 00:56:08,560 Do we have to move a motion to close the meeting? 811 00:56:08,560 --> 00:56:09,560 You do not. 812 00:56:09,560 --> 00:56:10,560 You can adjourn it. 813 00:56:10,560 --> 00:56:11,560 Okay. 814 00:56:11,560 --> 00:56:12,560 Thank you, everyone. 815 00:56:12,560 --> 00:56:13,560 We'll see you next time. 816 00:56:13,560 --> 00:56:14,560 Thanks. 817 00:56:14,560 --> 00:56:15,400 - Okay.