WEBVTT 00:00:00.000 --> 00:00:02.919 [INAUDIBLE] 00:00:02.919 --> 00:00:05.080 You kidding me? 00:00:05.080 --> 00:00:06.200 OK. 00:00:06.200 --> 00:00:07.599 We're on stage. 00:00:07.599 --> 00:00:08.160 Good morning. 00:00:08.160 --> 00:00:08.800 OK. 00:00:08.800 --> 00:00:11.880 It's 8.30, and we're going to begin our meeting. 00:00:11.880 --> 00:00:15.039 It's August 16, 2017. 00:00:15.039 --> 00:00:17.199 And this is a meeting of the Economic Development 00:00:17.199 --> 00:00:19.559 Partnership Board, and we do have a quorum. 00:00:19.559 --> 00:00:21.879 We anticipate the meeting to be quick, 00:00:21.879 --> 00:00:23.600 since we only have one item. 00:00:23.600 --> 00:00:26.160 And we appreciate everybody accommodating your schedule 00:00:26.160 --> 00:00:27.480 to be here. 00:00:27.480 --> 00:00:29.320 We'll now move on to the work session, which 00:00:29.320 --> 00:00:32.960 is EDP 17-042. 00:00:32.960 --> 00:00:35.399 Receive a short report, and keep it short, please, 00:00:35.399 --> 00:00:37.200 since we all have the data in front of us, 00:00:37.200 --> 00:00:40.600 and hold the discussion, and nominate an award recipient 00:00:40.600 --> 00:00:43.280 for the Business Awards Breakfast. 00:00:43.280 --> 00:00:47.200 And with that, I will turn it over for hopefully 00:00:47.200 --> 00:00:48.759 a quick presentation. 00:00:48.759 --> 00:00:50.320 Thank you, Michelle. 00:00:50.320 --> 00:00:52.679 Each year, the Economic Development Partnership Board 00:00:52.679 --> 00:00:55.600 recognizes a local business for its contribution 00:00:55.600 --> 00:00:57.920 to the economic growth and prosperity of the Denton 00:00:57.920 --> 00:01:01.799 community with a focus on public-private partnerships 00:01:01.799 --> 00:01:03.119 and investment in the city. 00:01:03.119 --> 00:01:06.939 Recipient selection criteria previously adopted by the 00:01:06.939 --> 00:01:07.200 board 00:01:07.200 --> 00:01:09.560 is used to aid in the nomination and selection 00:01:09.560 --> 00:01:11.319 of the recipient company. 00:01:11.319 --> 00:01:14.040 The EDP board chair confers the award 00:01:14.040 --> 00:01:16.799 on behalf of the EDP board at the Annual Mayor and City 00:01:16.799 --> 00:01:19.400 Council Business Awards Breakfast that is coming up 00:01:19.400 --> 00:01:21.200 on September 7. 00:01:21.200 --> 00:01:24.120 And each of you has a matrix that 00:01:24.120 --> 00:01:26.439 depicts the data across the criteria 00:01:26.439 --> 00:01:32.000 that you have established for selecting an award recipient. 00:01:32.000 --> 00:01:37.200 And the determination is up to you all in the discussion. 00:01:37.200 --> 00:01:38.359 Thank you. 00:01:38.359 --> 00:01:39.040 Thanks. 00:01:39.040 --> 00:01:41.400 That was short, concise. 00:01:41.400 --> 00:01:44.290 All right, most of you guys know, I think, all these 00:01:44.290 --> 00:01:44.519 certainly 00:01:44.519 --> 00:01:46.439 have good data in front of you. 00:01:46.439 --> 00:01:49.560 Do we have some discussion before we move on 00:01:49.560 --> 00:01:50.879 to the regular session? 00:01:50.879 --> 00:01:52.640 Any thoughts? 00:01:52.640 --> 00:01:55.599 I know Jim has already conveyed a few. 00:01:55.599 --> 00:01:56.519 What are your thoughts, Jim? 00:01:56.519 --> 00:01:57.400 We'll start with you. 00:01:57.400 --> 00:02:03.599 Well, I think Victor certainly has stood out. 00:02:03.599 --> 00:02:06.959 We gave them an incentive. 00:02:06.959 --> 00:02:10.719 They've actually moved other people into Denton. 00:02:10.719 --> 00:02:13.349 I don't know whether anybody's noticed the parking lot or 00:02:13.349 --> 00:02:13.879 not. 00:02:13.879 --> 00:02:16.039 That parking lot is full. 00:02:16.039 --> 00:02:18.000 So they've done a good job of living up 00:02:18.000 --> 00:02:20.240 to some of their commitment. 00:02:20.240 --> 00:02:22.560 And I think they've still got some more things to do. 00:02:22.560 --> 00:02:27.080 So that would be my recommendation. 00:02:27.080 --> 00:02:29.479 And obviously, they've been here quite some time 00:02:29.479 --> 00:02:30.879 and now consolidated. 00:02:30.879 --> 00:02:34.039 I noticed they had 450 employees, 00:02:34.039 --> 00:02:36.360 plus an additional 225. 00:02:36.360 --> 00:02:39.240 So very large employer in our community, 00:02:39.240 --> 00:02:43.000 as well as the valuations are very nice, too. 00:02:43.000 --> 00:02:44.840 Other thoughts? 00:02:44.840 --> 00:02:47.319 I just had a question, a minor question. 00:02:47.319 --> 00:02:50.000 Are we supposed to give out two awards, one for the large 00:02:50.000 --> 00:02:52.599 and then one for the small to mid? 00:02:52.599 --> 00:02:53.400 No. 00:02:53.400 --> 00:02:57.360 The board had requested that we include medium and smaller 00:02:57.360 --> 00:03:00.479 sized businesses so that we would 00:03:00.479 --> 00:03:04.199 be able to look at the entirety of the Denton community. 00:03:04.199 --> 00:03:05.360 So we're just doing the one award? 00:03:05.360 --> 00:03:05.879 Yes, sir. 00:03:05.879 --> 00:03:06.520 Yes, sir. 00:03:06.520 --> 00:03:07.599 OK. 00:03:07.599 --> 00:03:09.520 Excuse me, did you say just one? 00:03:09.520 --> 00:03:10.039 Yes. 00:03:10.039 --> 00:03:10.539 Yes. 00:03:13.680 --> 00:03:16.639 I think what Jim had to say about Victor's spot on, 00:03:16.639 --> 00:03:23.810 and they seem to be a logical company to make this award to 00:03:23.810 --> 00:03:23.960 . 00:03:26.599 --> 00:03:29.080 They definitely have grown significantly. 00:03:29.080 --> 00:03:30.879 They're doing everything right. 00:03:30.879 --> 00:03:33.280 They're a participant in the community, chamber member, 00:03:33.280 --> 00:03:34.800 all those kinds of things. 00:03:34.800 --> 00:03:39.080 And so I think I could support going with Victor. 00:03:39.080 --> 00:03:41.719 And they've been on discussions before. 00:03:41.719 --> 00:03:44.280 They've been on the list for several years, I think, 00:03:44.280 --> 00:03:45.120 actually. 00:03:45.120 --> 00:03:48.719 So I think they've kind of risen to the top 00:03:48.719 --> 00:03:50.800 from what I'm looking at. 00:03:50.800 --> 00:03:52.960 Not that there's other bad companies with some great 00:03:52.960 --> 00:03:56.639 options, but I concur with that, too. 00:03:56.639 --> 00:03:58.319 Other comments? 00:03:58.319 --> 00:04:02.199 Larry, you, John, or Jimmy, or any-- 00:04:02.199 --> 00:04:03.400 I do have a comment. 00:04:06.960 --> 00:04:08.639 I was thinking about this on the way here. 00:04:12.360 --> 00:04:17.319 When I was doing auditing as part of my business, 00:04:17.319 --> 00:04:19.720 one of the things I wanted to do to grow 00:04:19.720 --> 00:04:23.560 was to partner with a large firm that 00:04:23.560 --> 00:04:26.319 would do audits, like, for the city, or for the county, 00:04:26.319 --> 00:04:27.600 et cetera, et cetera. 00:04:27.600 --> 00:04:29.399 But never could get a good collaboration. 00:04:29.399 --> 00:04:33.079 So small companies will stay small if they 00:04:33.079 --> 00:04:35.199 don't have some assistance. 00:04:35.199 --> 00:04:40.600 And I think, while I think Victor is very deserving 00:04:40.600 --> 00:04:43.040 of this recommendation, somehow I'd 00:04:43.040 --> 00:04:47.560 like to see us find a way to help some of the smaller 00:04:47.560 --> 00:04:51.480 businesses become recipients. 00:04:51.480 --> 00:04:54.920 Well, we used to do that as a response. 00:04:54.920 --> 00:04:58.199 But that's why it was consolidated just 00:04:58.199 --> 00:04:59.160 into the larger one. 00:04:59.160 --> 00:05:01.800 And we are looking for the major impact, too. 00:05:01.800 --> 00:05:04.319 So probably, if anything, my comment 00:05:04.319 --> 00:05:07.680 would be the board might consider, at some point, 00:05:07.680 --> 00:05:11.720 instigating a smaller startup or some entrepreneurial ship 00:05:11.720 --> 00:05:14.199 type thing in a different group area. 00:05:14.199 --> 00:05:16.920 Because it's hard to compete with the magnitude of what 00:05:16.920 --> 00:05:18.279 Victor does for the community. 00:05:18.279 --> 00:05:18.779 It is. 00:05:18.779 --> 00:05:20.920 It is. 00:05:20.920 --> 00:05:22.439 But good comment. 00:05:22.439 --> 00:05:22.959 Any others? 00:05:25.639 --> 00:05:28.240 Well, if not, we'll adjourn the work session 00:05:28.240 --> 00:05:30.079 and go into the business session. 00:05:30.079 --> 00:05:33.439 And now what we need is a nomination, a motion, 00:05:33.439 --> 00:05:35.519 and a second for-- 00:05:35.519 --> 00:05:37.000 I'd like to nominate Victor. 00:05:37.000 --> 00:05:37.959 All right, thank you. 00:05:37.959 --> 00:05:38.959 So I'll second. 00:05:38.959 --> 00:05:40.959 All right, we got a couple of seconds. 00:05:40.959 --> 00:05:42.720 Pick who you'd like, three. 00:05:42.720 --> 00:05:45.519 All right, any further discussions, comments 00:05:45.519 --> 00:05:48.560 from staff or the board? 00:05:48.560 --> 00:05:51.079 So since we do have a little bit of time, 00:05:51.079 --> 00:05:54.560 I want to take the concluding items section 00:05:54.560 --> 00:05:58.319 to just throw out for a little bit of discussion. 00:05:58.319 --> 00:05:59.680 Well, let's get the vote. 00:05:59.680 --> 00:06:01.759 Oh, I'm sorry. 00:06:01.759 --> 00:06:03.279 You're doing like I do now. 00:06:03.279 --> 00:06:06.600 You're moving it on, which I appreciate. 00:06:06.600 --> 00:06:07.100 All right. 00:06:07.100 --> 00:06:08.199 Reel it back in. 00:06:08.199 --> 00:06:08.720 Here we go. 00:06:08.720 --> 00:06:09.680 We'll call for the vote. 00:06:09.680 --> 00:06:11.079 All in favor say aye. 00:06:11.079 --> 00:06:11.680 Aye. 00:06:11.680 --> 00:06:12.720 Any opposed? 00:06:12.720 --> 00:06:13.879 All right, so thank you. 00:06:13.879 --> 00:06:14.680 Appreciate your expedited-- 00:06:14.680 --> 00:06:16.399 Thank you for-- 00:06:16.399 --> 00:06:20.040 yes, so as we are now experiencing, 00:06:20.040 --> 00:06:22.639 our EDP board meetings are going to be televised. 00:06:22.639 --> 00:06:24.879 So we're going to be going about them 00:06:24.879 --> 00:06:27.120 in a little bit of a different way. 00:06:27.120 --> 00:06:31.199 We will be having them on the regular second Wednesday 00:06:31.199 --> 00:06:32.399 of each month. 00:06:32.399 --> 00:06:36.399 And they will be starting at 11 o'clock promptly. 00:06:36.399 --> 00:06:40.439 We have been in the tradition of providing lunch 00:06:40.439 --> 00:06:43.839 to board members during the meetings. 00:06:43.839 --> 00:06:48.160 And that is what we need to decide how we want to handle. 00:06:48.160 --> 00:06:50.160 There are a couple of choices that I think we have. 00:06:50.160 --> 00:06:54.839 We can meet, get started at 11, get our business finished, 00:06:54.839 --> 00:06:57.240 and provide lunch after that. 00:06:57.240 --> 00:07:01.629 We could eat lunch on camera, which is not my favorite 00:07:01.629 --> 00:07:02.000 option. 00:07:02.000 --> 00:07:04.420 But I don't know if other people might not be bothered by 00:07:04.420 --> 00:07:04.920 that. 00:07:04.920 --> 00:07:09.199 Or we could think about just having the meeting at 11, 00:07:09.199 --> 00:07:11.120 getting the business done, and letting everybody go 00:07:11.120 --> 00:07:11.920 on their way. 00:07:11.920 --> 00:07:15.660 And I'm just curious what board members' thoughts are 00:07:15.660 --> 00:07:18.759 on those options for how to proceed. 00:07:18.759 --> 00:07:21.040 When do you need a decision by? 00:07:21.040 --> 00:07:21.759 Today? 00:07:21.759 --> 00:07:24.079 No, not necessarily today. 00:07:24.079 --> 00:07:28.040 This is more of a feeling out of how those here 00:07:28.040 --> 00:07:29.759 think we should proceed. 00:07:29.759 --> 00:07:32.839 It's not for voting or anything. 00:07:32.839 --> 00:07:34.240 Anybody have any opinions on it? 00:07:34.240 --> 00:07:36.319 I think I'd just get the meeting first, 00:07:36.319 --> 00:07:40.560 and then everybody get on their way. 00:07:40.560 --> 00:07:42.680 Let's be the most efficient. 00:07:42.680 --> 00:07:43.519 I agree with that. 00:07:43.519 --> 00:07:44.959 I think we're all busy. 00:07:44.959 --> 00:07:45.459 Yeah. 00:07:45.459 --> 00:07:47.120 I agree with that. 00:07:47.120 --> 00:07:49.199 OK. 00:07:49.199 --> 00:07:53.800 And maybe we can have-- we'll have drinks and that kind 00:07:53.800 --> 00:07:55.839 of thing in case we get thirsty. 00:07:55.839 --> 00:07:57.319 You're singing old Scotch. 00:07:57.319 --> 00:07:58.319 No, sir. 00:07:58.319 --> 00:07:59.199 Absolutely not. 00:07:59.199 --> 00:08:01.160 Well, it sounds good right now. 00:08:01.160 --> 00:08:03.800 You'll have to do that on your own time. 00:08:03.800 --> 00:08:04.879 It'll be what it'll be. 00:08:04.879 --> 00:08:05.360 OK. 00:08:05.360 --> 00:08:08.379 Well, thank you, everybody, for sharing your opinions on 00:08:08.379 --> 00:08:08.519 that. 00:08:08.519 --> 00:08:11.720 And that's the way that we'll handle things going forward 00:08:11.720 --> 00:08:14.360 until we hear something different. 00:08:14.360 --> 00:08:17.279 Will all the meetings be here now since we're doing this, 00:08:17.279 --> 00:08:19.439 or we still have one? 00:08:19.439 --> 00:08:22.459 All of the meetings will be in this room at this table 00:08:22.459 --> 00:08:25.000 going forward for the purposes of being televised. 00:08:27.800 --> 00:08:28.319 All right. 00:08:28.319 --> 00:08:29.839 OK. 00:08:29.839 --> 00:08:30.600 All right. 00:08:30.600 --> 00:08:33.639 I think that concludes our business. 00:08:33.639 --> 00:08:38.039 If there's other comments, we will stay on the adjournment. 00:08:38.039 --> 00:08:38.840 Thank you all. 00:08:38.840 --> 00:08:39.840 Thank you, everybody. 00:08:39.840 --> 00:08:40.340 Thank you. 00:08:40.340 --> 00:08:40.840 I appreciate it. 00:08:40.840 --> 00:08:41.840 Thank you very much. 00:08:41.840 --> 00:08:43.879 Thank you for your time.