1 00:00:00,000 --> 00:00:02,919 [INAUDIBLE] 2 00:00:02,919 --> 00:00:05,080 You kidding me? 3 00:00:05,080 --> 00:00:06,200 OK. 4 00:00:06,200 --> 00:00:07,599 We're on stage. 5 00:00:07,599 --> 00:00:08,160 Good morning. 6 00:00:08,160 --> 00:00:08,800 OK. 7 00:00:08,800 --> 00:00:11,880 It's 8.30, and we're going to begin our meeting. 8 00:00:11,880 --> 00:00:15,039 It's August 16, 2017. 9 00:00:15,039 --> 00:00:17,199 And this is a meeting of the Economic Development 10 00:00:17,199 --> 00:00:19,559 Partnership Board, and we do have a quorum. 11 00:00:19,559 --> 00:00:21,879 We anticipate the meeting to be quick, 12 00:00:21,879 --> 00:00:23,600 since we only have one item. 13 00:00:23,600 --> 00:00:26,160 And we appreciate everybody accommodating your schedule 14 00:00:26,160 --> 00:00:27,480 to be here. 15 00:00:27,480 --> 00:00:29,320 We'll now move on to the work session, which 16 00:00:29,320 --> 00:00:32,960 is EDP 17-042. 17 00:00:32,960 --> 00:00:35,399 Receive a short report, and keep it short, please, 18 00:00:35,399 --> 00:00:37,200 since we all have the data in front of us, 19 00:00:37,200 --> 00:00:40,600 and hold the discussion, and nominate an award recipient 20 00:00:40,600 --> 00:00:43,280 for the Business Awards Breakfast. 21 00:00:43,280 --> 00:00:47,200 And with that, I will turn it over for hopefully 22 00:00:47,200 --> 00:00:48,759 a quick presentation. 23 00:00:48,759 --> 00:00:50,320 Thank you, Michelle. 24 00:00:50,320 --> 00:00:52,679 Each year, the Economic Development Partnership Board 25 00:00:52,679 --> 00:00:55,600 recognizes a local business for its contribution 26 00:00:55,600 --> 00:00:57,920 to the economic growth and prosperity of the Denton 27 00:00:57,920 --> 00:01:01,799 community with a focus on public-private partnerships 28 00:01:01,799 --> 00:01:03,119 and investment in the city. 29 00:01:03,119 --> 00:01:06,939 Recipient selection criteria previously adopted by the 30 00:01:06,939 --> 00:01:07,200 board 31 00:01:07,200 --> 00:01:09,560 is used to aid in the nomination and selection 32 00:01:09,560 --> 00:01:11,319 of the recipient company. 33 00:01:11,319 --> 00:01:14,040 The EDP board chair confers the award 34 00:01:14,040 --> 00:01:16,799 on behalf of the EDP board at the Annual Mayor and City 35 00:01:16,799 --> 00:01:19,400 Council Business Awards Breakfast that is coming up 36 00:01:19,400 --> 00:01:21,200 on September 7. 37 00:01:21,200 --> 00:01:24,120 And each of you has a matrix that 38 00:01:24,120 --> 00:01:26,439 depicts the data across the criteria 39 00:01:26,439 --> 00:01:32,000 that you have established for selecting an award recipient. 40 00:01:32,000 --> 00:01:37,200 And the determination is up to you all in the discussion. 41 00:01:37,200 --> 00:01:38,359 Thank you. 42 00:01:38,359 --> 00:01:39,040 Thanks. 43 00:01:39,040 --> 00:01:41,400 That was short, concise. 44 00:01:41,400 --> 00:01:44,290 All right, most of you guys know, I think, all these 45 00:01:44,290 --> 00:01:44,519 certainly 46 00:01:44,519 --> 00:01:46,439 have good data in front of you. 47 00:01:46,439 --> 00:01:49,560 Do we have some discussion before we move on 48 00:01:49,560 --> 00:01:50,879 to the regular session? 49 00:01:50,879 --> 00:01:52,640 Any thoughts? 50 00:01:52,640 --> 00:01:55,599 I know Jim has already conveyed a few. 51 00:01:55,599 --> 00:01:56,519 What are your thoughts, Jim? 52 00:01:56,519 --> 00:01:57,400 We'll start with you. 53 00:01:57,400 --> 00:02:03,599 Well, I think Victor certainly has stood out. 54 00:02:03,599 --> 00:02:06,959 We gave them an incentive. 55 00:02:06,959 --> 00:02:10,719 They've actually moved other people into Denton. 56 00:02:10,719 --> 00:02:13,349 I don't know whether anybody's noticed the parking lot or 57 00:02:13,349 --> 00:02:13,879 not. 58 00:02:13,879 --> 00:02:16,039 That parking lot is full. 59 00:02:16,039 --> 00:02:18,000 So they've done a good job of living up 60 00:02:18,000 --> 00:02:20,240 to some of their commitment. 61 00:02:20,240 --> 00:02:22,560 And I think they've still got some more things to do. 62 00:02:22,560 --> 00:02:27,080 So that would be my recommendation. 63 00:02:27,080 --> 00:02:29,479 And obviously, they've been here quite some time 64 00:02:29,479 --> 00:02:30,879 and now consolidated. 65 00:02:30,879 --> 00:02:34,039 I noticed they had 450 employees, 66 00:02:34,039 --> 00:02:36,360 plus an additional 225. 67 00:02:36,360 --> 00:02:39,240 So very large employer in our community, 68 00:02:39,240 --> 00:02:43,000 as well as the valuations are very nice, too. 69 00:02:43,000 --> 00:02:44,840 Other thoughts? 70 00:02:44,840 --> 00:02:47,319 I just had a question, a minor question. 71 00:02:47,319 --> 00:02:50,000 Are we supposed to give out two awards, one for the large 72 00:02:50,000 --> 00:02:52,599 and then one for the small to mid? 73 00:02:52,599 --> 00:02:53,400 No. 74 00:02:53,400 --> 00:02:57,360 The board had requested that we include medium and smaller 75 00:02:57,360 --> 00:03:00,479 sized businesses so that we would 76 00:03:00,479 --> 00:03:04,199 be able to look at the entirety of the Denton community. 77 00:03:04,199 --> 00:03:05,360 So we're just doing the one award? 78 00:03:05,360 --> 00:03:05,879 Yes, sir. 79 00:03:05,879 --> 00:03:06,520 Yes, sir. 80 00:03:06,520 --> 00:03:07,599 OK. 81 00:03:07,599 --> 00:03:09,520 Excuse me, did you say just one? 82 00:03:09,520 --> 00:03:10,039 Yes. 83 00:03:10,039 --> 00:03:10,539 Yes. 84 00:03:13,680 --> 00:03:16,639 I think what Jim had to say about Victor's spot on, 85 00:03:16,639 --> 00:03:23,810 and they seem to be a logical company to make this award to 86 00:03:23,810 --> 00:03:23,960 . 87 00:03:26,599 --> 00:03:29,080 They definitely have grown significantly. 88 00:03:29,080 --> 00:03:30,879 They're doing everything right. 89 00:03:30,879 --> 00:03:33,280 They're a participant in the community, chamber member, 90 00:03:33,280 --> 00:03:34,800 all those kinds of things. 91 00:03:34,800 --> 00:03:39,080 And so I think I could support going with Victor. 92 00:03:39,080 --> 00:03:41,719 And they've been on discussions before. 93 00:03:41,719 --> 00:03:44,280 They've been on the list for several years, I think, 94 00:03:44,280 --> 00:03:45,120 actually. 95 00:03:45,120 --> 00:03:48,719 So I think they've kind of risen to the top 96 00:03:48,719 --> 00:03:50,800 from what I'm looking at. 97 00:03:50,800 --> 00:03:52,960 Not that there's other bad companies with some great 98 00:03:52,960 --> 00:03:56,639 options, but I concur with that, too. 99 00:03:56,639 --> 00:03:58,319 Other comments? 100 00:03:58,319 --> 00:04:02,199 Larry, you, John, or Jimmy, or any-- 101 00:04:02,199 --> 00:04:03,400 I do have a comment. 102 00:04:06,960 --> 00:04:08,639 I was thinking about this on the way here. 103 00:04:12,360 --> 00:04:17,319 When I was doing auditing as part of my business, 104 00:04:17,319 --> 00:04:19,720 one of the things I wanted to do to grow 105 00:04:19,720 --> 00:04:23,560 was to partner with a large firm that 106 00:04:23,560 --> 00:04:26,319 would do audits, like, for the city, or for the county, 107 00:04:26,319 --> 00:04:27,600 et cetera, et cetera. 108 00:04:27,600 --> 00:04:29,399 But never could get a good collaboration. 109 00:04:29,399 --> 00:04:33,079 So small companies will stay small if they 110 00:04:33,079 --> 00:04:35,199 don't have some assistance. 111 00:04:35,199 --> 00:04:40,600 And I think, while I think Victor is very deserving 112 00:04:40,600 --> 00:04:43,040 of this recommendation, somehow I'd 113 00:04:43,040 --> 00:04:47,560 like to see us find a way to help some of the smaller 114 00:04:47,560 --> 00:04:51,480 businesses become recipients. 115 00:04:51,480 --> 00:04:54,920 Well, we used to do that as a response. 116 00:04:54,920 --> 00:04:58,199 But that's why it was consolidated just 117 00:04:58,199 --> 00:04:59,160 into the larger one. 118 00:04:59,160 --> 00:05:01,800 And we are looking for the major impact, too. 119 00:05:01,800 --> 00:05:04,319 So probably, if anything, my comment 120 00:05:04,319 --> 00:05:07,680 would be the board might consider, at some point, 121 00:05:07,680 --> 00:05:11,720 instigating a smaller startup or some entrepreneurial ship 122 00:05:11,720 --> 00:05:14,199 type thing in a different group area. 123 00:05:14,199 --> 00:05:16,920 Because it's hard to compete with the magnitude of what 124 00:05:16,920 --> 00:05:18,279 Victor does for the community. 125 00:05:18,279 --> 00:05:18,779 It is. 126 00:05:18,779 --> 00:05:20,920 It is. 127 00:05:20,920 --> 00:05:22,439 But good comment. 128 00:05:22,439 --> 00:05:22,959 Any others? 129 00:05:25,639 --> 00:05:28,240 Well, if not, we'll adjourn the work session 130 00:05:28,240 --> 00:05:30,079 and go into the business session. 131 00:05:30,079 --> 00:05:33,439 And now what we need is a nomination, a motion, 132 00:05:33,439 --> 00:05:35,519 and a second for-- 133 00:05:35,519 --> 00:05:37,000 I'd like to nominate Victor. 134 00:05:37,000 --> 00:05:37,959 All right, thank you. 135 00:05:37,959 --> 00:05:38,959 So I'll second. 136 00:05:38,959 --> 00:05:40,959 All right, we got a couple of seconds. 137 00:05:40,959 --> 00:05:42,720 Pick who you'd like, three. 138 00:05:42,720 --> 00:05:45,519 All right, any further discussions, comments 139 00:05:45,519 --> 00:05:48,560 from staff or the board? 140 00:05:48,560 --> 00:05:51,079 So since we do have a little bit of time, 141 00:05:51,079 --> 00:05:54,560 I want to take the concluding items section 142 00:05:54,560 --> 00:05:58,319 to just throw out for a little bit of discussion. 143 00:05:58,319 --> 00:05:59,680 Well, let's get the vote. 144 00:05:59,680 --> 00:06:01,759 Oh, I'm sorry. 145 00:06:01,759 --> 00:06:03,279 You're doing like I do now. 146 00:06:03,279 --> 00:06:06,600 You're moving it on, which I appreciate. 147 00:06:06,600 --> 00:06:07,100 All right. 148 00:06:07,100 --> 00:06:08,199 Reel it back in. 149 00:06:08,199 --> 00:06:08,720 Here we go. 150 00:06:08,720 --> 00:06:09,680 We'll call for the vote. 151 00:06:09,680 --> 00:06:11,079 All in favor say aye. 152 00:06:11,079 --> 00:06:11,680 Aye. 153 00:06:11,680 --> 00:06:12,720 Any opposed? 154 00:06:12,720 --> 00:06:13,879 All right, so thank you. 155 00:06:13,879 --> 00:06:14,680 Appreciate your expedited-- 156 00:06:14,680 --> 00:06:16,399 Thank you for-- 157 00:06:16,399 --> 00:06:20,040 yes, so as we are now experiencing, 158 00:06:20,040 --> 00:06:22,639 our EDP board meetings are going to be televised. 159 00:06:22,639 --> 00:06:24,879 So we're going to be going about them 160 00:06:24,879 --> 00:06:27,120 in a little bit of a different way. 161 00:06:27,120 --> 00:06:31,199 We will be having them on the regular second Wednesday 162 00:06:31,199 --> 00:06:32,399 of each month. 163 00:06:32,399 --> 00:06:36,399 And they will be starting at 11 o'clock promptly. 164 00:06:36,399 --> 00:06:40,439 We have been in the tradition of providing lunch 165 00:06:40,439 --> 00:06:43,839 to board members during the meetings. 166 00:06:43,839 --> 00:06:48,160 And that is what we need to decide how we want to handle. 167 00:06:48,160 --> 00:06:50,160 There are a couple of choices that I think we have. 168 00:06:50,160 --> 00:06:54,839 We can meet, get started at 11, get our business finished, 169 00:06:54,839 --> 00:06:57,240 and provide lunch after that. 170 00:06:57,240 --> 00:07:01,629 We could eat lunch on camera, which is not my favorite 171 00:07:01,629 --> 00:07:02,000 option. 172 00:07:02,000 --> 00:07:04,420 But I don't know if other people might not be bothered by 173 00:07:04,420 --> 00:07:04,920 that. 174 00:07:04,920 --> 00:07:09,199 Or we could think about just having the meeting at 11, 175 00:07:09,199 --> 00:07:11,120 getting the business done, and letting everybody go 176 00:07:11,120 --> 00:07:11,920 on their way. 177 00:07:11,920 --> 00:07:15,660 And I'm just curious what board members' thoughts are 178 00:07:15,660 --> 00:07:18,759 on those options for how to proceed. 179 00:07:18,759 --> 00:07:21,040 When do you need a decision by? 180 00:07:21,040 --> 00:07:21,759 Today? 181 00:07:21,759 --> 00:07:24,079 No, not necessarily today. 182 00:07:24,079 --> 00:07:28,040 This is more of a feeling out of how those here 183 00:07:28,040 --> 00:07:29,759 think we should proceed. 184 00:07:29,759 --> 00:07:32,839 It's not for voting or anything. 185 00:07:32,839 --> 00:07:34,240 Anybody have any opinions on it? 186 00:07:34,240 --> 00:07:36,319 I think I'd just get the meeting first, 187 00:07:36,319 --> 00:07:40,560 and then everybody get on their way. 188 00:07:40,560 --> 00:07:42,680 Let's be the most efficient. 189 00:07:42,680 --> 00:07:43,519 I agree with that. 190 00:07:43,519 --> 00:07:44,959 I think we're all busy. 191 00:07:44,959 --> 00:07:45,459 Yeah. 192 00:07:45,459 --> 00:07:47,120 I agree with that. 193 00:07:47,120 --> 00:07:49,199 OK. 194 00:07:49,199 --> 00:07:53,800 And maybe we can have-- we'll have drinks and that kind 195 00:07:53,800 --> 00:07:55,839 of thing in case we get thirsty. 196 00:07:55,839 --> 00:07:57,319 You're singing old Scotch. 197 00:07:57,319 --> 00:07:58,319 No, sir. 198 00:07:58,319 --> 00:07:59,199 Absolutely not. 199 00:07:59,199 --> 00:08:01,160 Well, it sounds good right now. 200 00:08:01,160 --> 00:08:03,800 You'll have to do that on your own time. 201 00:08:03,800 --> 00:08:04,879 It'll be what it'll be. 202 00:08:04,879 --> 00:08:05,360 OK. 203 00:08:05,360 --> 00:08:08,379 Well, thank you, everybody, for sharing your opinions on 204 00:08:08,379 --> 00:08:08,519 that. 205 00:08:08,519 --> 00:08:11,720 And that's the way that we'll handle things going forward 206 00:08:11,720 --> 00:08:14,360 until we hear something different. 207 00:08:14,360 --> 00:08:17,279 Will all the meetings be here now since we're doing this, 208 00:08:17,279 --> 00:08:19,439 or we still have one? 209 00:08:19,439 --> 00:08:22,459 All of the meetings will be in this room at this table 210 00:08:22,459 --> 00:08:25,000 going forward for the purposes of being televised. 211 00:08:27,800 --> 00:08:28,319 All right. 212 00:08:28,319 --> 00:08:29,839 OK. 213 00:08:29,839 --> 00:08:30,600 All right. 214 00:08:30,600 --> 00:08:33,639 I think that concludes our business. 215 00:08:33,639 --> 00:08:38,039 If there's other comments, we will stay on the adjournment. 216 00:08:38,039 --> 00:08:38,840 Thank you all. 217 00:08:38,840 --> 00:08:39,840 Thank you, everybody. 218 00:08:39,840 --> 00:08:40,340 Thank you. 219 00:08:40,340 --> 00:08:40,840 I appreciate it. 220 00:08:40,840 --> 00:08:41,840 Thank you very much. 221 00:08:41,840 --> 00:08:43,879 Thank you for your time.