WEBVTT

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.

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>> Good morning, everyone. I am John Baines. I'm the vice

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chairman of the economic development

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partnership board. And I'm glad to announce that we do have

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a quorum. And we will call the work

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session to order at 1103. And our first order of business

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is EDP session 18-026. We will receive a

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report and hold discussion regarding revisions to the city

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's public improvement district guidelines,

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better known as PITs. >> Good morning, Mr. Vice Chairman

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and members of the board. I'm John Baines.

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>> Good morning, Mr. Vice Chairman and members of the EDP

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board. It's good to see you all this morning.

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Everyone seems like they're in such a good mood. Beautiful

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day. Everyone's happy to be together.

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Talking about PITs again. Yay! Guess what? This will not be

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the last time we will talk about PITs.

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What I am going to do today is give you all an update based

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on the feedback that we got from the

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work session on PITs that we did with city council last

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night. And we will just run through that.

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And I am going to go quickly through these first slides

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because this is going to be a review of

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stuff that we've covered before for the most part. But if

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anybody has any questions, feel free to

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stop me, slow me down, and we'll get those taken care of.

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So what we're going to go through quickly is an

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overview of PITs as an economic development tool and their

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use and done to date. We're going to talk about

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how we've been before you with this before. We've been

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before the council with this before. I'm going to

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present some more specific options to mitigate the possible

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risk associated with PITs and also to

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maximize the benefits to the city when considering PIT

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projects. And we're going to revisit some things

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that we want to include in the draft PIT guidelines. So as

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you are all aware, PITs are an ED tool that are

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used to fund public improvements that benefit a

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specifically defined area. And the way that PITs are

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either funded on a pay as you go basis or the debt is

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backed up with assessed fees for the property

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owners within that defined area. They can be used for

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commercial or residential development. And there are

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some benefits of PITs to cities and developers. On the city

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side, they can increase the quality of

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development through better amenities. On the developer side

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, tax exempt debt helps provide funding for

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their public infrastructure and can reduce capital

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requirements and increase the developer's rate of

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return. You just heard me mention the two different types

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of PITs. They can be done on a pay as you go basis

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or a debt basis. And there are a couple different options

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underneath those two categories. Does anybody

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have any questions about this slide? As you're aware,

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cities around the state do use PITs to encourage

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development. And there's a short list of some of our

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neighboring communities that have them in place

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or have used them in the past. The specifics that surround

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PIT usage in different communities do vary

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according to what the city's policy goals are. So our goals

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are not going to be the same as Argyle's or

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Arlington's. And we will be using them for different

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reasons. This is just a quick chart that we put

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together about PITs that have issued or had bond sales

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either last year or this year so far. The list of

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the communities is over here on this side. The cost of

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authorized improvements is included. The value to

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lien ratio is included there. And we've had some discussion

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about, you know, what would be an ideal value

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to lien ratio from, you know, a policy standpoint. And most

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of the folks who analyze and think about

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PITs a lot fix that at a 3 to 1 value to lien ratio. But

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you can see here that some communities do

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choose to move forward with PITs either with no appraised

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value, so without finding out what that number is,

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or with a number that's below 3. And that, again, is

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dependent on what the community feels comfortable doing.

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We first approved PIT guidelines in 2007, and then we

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amended them in 2014. We do have one established PITs,

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Razor Ranch PIT number one. Reimbursement agreement for

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phase one infrastructure of that PIT was approved

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by the council in March of 2016. But since the service and

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assessment plan and finance plan have not yet been

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submitted, the PIT is not initiated. So no assessments have

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been levied and no bonds have been issued.

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Caroline, we have a question from the floor, please. On

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that, do those expire? I mean, they do expire.

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If full initiation isn't done within five years of the

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establishment of the PIT, it does expire.

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So within five years of 2016, that's when it was

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established? No, it's within five years of 2014. Okay. Yes.

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So coming up soon, relatively soon. And I'm sorry, May I?

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Go ahead, please. And will that come back through,

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or does it just automatically fall off? I mean, is there

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some sort of formal action that has to be taken or?

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I think it automatically falls off, but I'm going to ask

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Brian for his opinion on that, too.

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It's always tied up here at the podium. So the way this one

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was done is the PIT was created by council action.

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To create the PIT, the property owner would have to

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petition us to dissolve the PIT.

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There was a memorandum of understanding that the council

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also approved with the developer where the council and the

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developer agreed

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that if there was no action, they would seek to dissolve

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the PIT, but it doesn't happen automatically.

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They would have to petition us to do that. Then the council

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would have to approve that.

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If they were not to do that, they would be really in

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default of the MOU,

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and then the city would probably not have any obligation to

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proceed with the assessments or any kind of debt sale or

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anything like that.

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But it's not an automatic. It's really not related to the P

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IT law. It was really more related to the MOU that we had on

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that particular development.

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So hopefully that makes sense. But it is 2019. It is

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rapidly approaching.

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We've had some contact with the developer for Razor Ranch

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about potentially wanting us to do another reimbursement

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agreement

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for another set of improvements that have been done and

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looking at having that discussion perhaps later this year

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about their status of when they want to start the

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assessment.

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But it would fall under this same MOU?

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Right. That's right. And there were, this was really, you

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know, from our perspective,

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we would prefer to have the service and assessment plan,

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the financing plan, all those details on the front end in

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the future,

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so that you have all that laid out very clearly of what you

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're going to do.

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The MOU was an attempt to have a basic framework around

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what the deal points would be.

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But all that has not really been detailed with any specific

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ity about what the assessment would be.

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How much is it? What improvements is it going to pay for?

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It was really kind of an attempt to help the development

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get started and move forward with some of that

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infrastructure.

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That's a long-winded answer, but it's not automatic by any

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stretch of the imagination.

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Okay. Thank you.

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Okay. Thank you.

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So I always learn something from Brian when he comes up to

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the microphone.

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Some of the things that Brian mentioned with the service

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and assessment plan, the finance plan not being submitted

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on that PID,

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as well as the concept of an MOU, we are addressing those

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by changes to the PID policy by requiring those things up

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front

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and by requiring what's called a development agreement,

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which is, you know, it's a little bit more serious of a

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form of an MOU.

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So we've learned some lessons in our proposing changes

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going forward.

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So we have done several work sessions on the topic with the

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EDP board, with council,

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and we have made revisions to the guidelines based on

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feedback from the different bodies.

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The last time that we were here before this group, the

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council had directed us to exclude residential PIDs from

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the guidelines.

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And some in this group had some concerns about a blanket

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exclusion of that and the fact that that might cause us to

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miss out on opportunities for projects that we would like

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to consider.

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So last night I passed along that concern to council

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members and some of them did share that concern.

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And so one of the significant changes that came out of the

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work session last night is that we will be adding back in

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residential PIDs to the guidelines.

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Along with these best practices that we are including in

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the guidelines,

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which include requirement of an independent assessment of a

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PID projects service and assessment plan and finance plan

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prior, as I just mentioned,

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and requiring that development agreement that has a scope

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that covers land development, infrastructure, vertical

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improvements.

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And there was a request from council to make sure that the

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development requirements for vertical improvements or the

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buildings, whether they're home or commercial buildings,

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but primarily on the residential side that they exceed the

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standards in the development code.

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And so we're going to be including language to that effect

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in the revisions of the guidelines.

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And then as you've heard me say before, we're going to be

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requiring developer reimbursement for the city's costs to

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establish and administer the PID. And that's very common

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with other communities to require that.

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So here's a slide with a lot of words on it.

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I skipped ahead a little bit, but residential PIDs back in

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the guidelines.

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So we're going to be expanding on the concept of demonstra

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ble public benefit and how it can be determined.

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Please note that you do not have a handout to that effect.

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So ignore that that's up there. This is what happens when

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we try to like make a presentation 12 hours after the last

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thing happened, miss a few of the edits.

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So rest assured that we are working on the demonstrable

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public benefit definition and ways to determine whether it

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's happening or not.

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There was also some concern about notice to residential

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purchasers of the fact that there would be a PID assessment

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on the property.

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And that did also come up last time we were talking in this

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group about that.

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So there are some steps that can be taken. Those are just a

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couple of things we can do there under the bullet.

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There are other things that can be done as well, and we

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will make sure to address the fact that extra steps beyond

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what's required under the Texas property code will be

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necessary for notification in any PID.

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And that will be again this development agreement is the

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vehicle that we use to outline all of those very specific

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to the project things that have to happen.

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This checklist of development standards for residential

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development again touched on that a little bit, but we're

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going to we're going to ensure that the developer knows

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that they will be required to exceed what's in the code.

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But we're working with outside council to determine when

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when and where is the appropriate place to put that initial

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thoughts that it would go in the development agreement

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versus in the policy.

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So they'll be told it will be included in the development

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agreement, but we won't have to have a policy that tries to

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detail each and every aspect of what we would want the

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development to look like so more on that later but we're

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working on options.

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Then the issue of an assessment cap was raised, and there

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was some interesting discussion around, if you say this is

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the assessment cap which currently it's at 40 cents per $

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100 worth evaluation if you say that's what it is, isn't

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everyone going to try to get their project up to that cap

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amount,

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and it's always going to be 40 cents it's not going to be

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lower than that.

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So one thing that we were looking at is maybe phrasing it

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as there is an assessment of whether it's 40 cents or 30

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cents per $100 valuation, putting that in there as kind of

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a benchmark but then saying preference will be given to

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lower assessments in the evaluation

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project. So it's a way to to tag it to a number so that we

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're not just saying preferences given to lower assessments

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but what is lower mean lower than what. So there's a, there

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's a number to tie it to.

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We are looking at limit limiting the percentage of the cost

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of eligible projects that can be reimbursed by a PID. So,

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if theoretically you could reimburse 100% of the public

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infrastructure costs via a PID, looking at limiting that to

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50% just as an example of costs,

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which would be a way to potentially take the assessment

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lower, which is one of the goals there so options are on

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the table we're thinking about this.

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But for the reason of all of this came up last night, we

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now know the direction that the council wants to take but

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we still need a little bit more time to prepare the actual

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edits to the guidelines.

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Your agenda shows a request for a recommendation today.

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And the question is, and, and the opinion of folks in the

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city management office is that we're not ready to ask you

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to do that today because we want to make sure that we

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actually get the draft in front of you before we ask you to

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recommend it.

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So that will be your decision.

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When that time comes around on the agenda and during the

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regular meeting.

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So if you're comfortable you don't feel ready doing that

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today, don't feel obligated to, but that does mean we have

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to talk about it one more time.

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At least one more time.

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So moving on some other things that we are going to include

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in the revisions to the policy are some specific ways to do

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that risk mitigation.

00:15:23.000 --> 00:15:26.250
So we're going to be doing an application and application

00:15:26.250 --> 00:15:29.690
fee of X amount we're starting with $25 but we're going to

00:15:29.690 --> 00:15:33.100
be doing some benchmarking against what other communities

00:15:33.100 --> 00:15:34.000
ask for.

00:15:34.000 --> 00:15:37.620
And then that could be put an escrow and drawn down to

00:15:37.620 --> 00:15:42.000
apply to the cost of the review and vetting of the project.

00:15:42.000 --> 00:15:45.279
Caroline, did you say 25 or 25,000. I'm sorry 25,000. All

00:15:45.279 --> 00:15:47.000
right, thank you.

00:15:47.000 --> 00:15:51.000
$25 would get you not much.

00:15:51.000 --> 00:15:57.000
Caroline.

00:15:57.000 --> 00:16:00.809
How did that number come about? Is that kind of the minimum

00:16:00.809 --> 00:16:04.000
of any costs that have been associated with?

00:16:04.000 --> 00:16:08.899
In the world of PID policies that we have reviewed in the

00:16:08.899 --> 00:16:12.850
course of all of this, we've seen application fees ranging

00:16:12.850 --> 00:16:18.000
from $2,000 to $50 or $60,000.

00:16:18.000 --> 00:16:21.500
I've spoken to our representatives at Hilltop Securities

00:16:21.500 --> 00:16:26.139
that do some of these analysis projects and they say that $

00:16:26.139 --> 00:16:32.000
25,000 is a reasonable amount to get started on an analysis

00:16:32.000 --> 00:16:34.220
and to make sure that the person that you're talking to is

00:16:34.220 --> 00:16:35.000
serious.

00:16:35.000 --> 00:16:39.039
By putting up, I mean that's a significant amount of money.

00:16:39.039 --> 00:16:42.610
They did say that it probably wouldn't cover the entire

00:16:42.610 --> 00:16:45.940
cost of a review because you're going to want to have

00:16:45.940 --> 00:16:50.000
financial folks, your legal outside counsel, bond counsel

00:16:50.000 --> 00:16:51.000
review it.

00:16:51.000 --> 00:16:55.360
But it's a number that is a differentiator between people

00:16:55.360 --> 00:16:59.620
who have the resources and are serious enough to put up an

00:16:59.620 --> 00:17:03.909
amount of money that's significant versus those who are

00:17:03.909 --> 00:17:09.000
kind of fishing around, don't really have the financial

00:17:09.000 --> 00:17:12.289
status to be able to do this or maybe just kind of seeing

00:17:12.289 --> 00:17:14.000
what they can get the city to do.

00:17:14.000 --> 00:17:18.400
So it's not science, but it's kind of taking a look at what

00:17:18.400 --> 00:17:21.000
other communities are doing.

00:17:21.000 --> 00:17:23.319
It sounds like it is below the minimum of what would be

00:17:23.319 --> 00:17:27.869
eventually required for anyone to process it here in the

00:17:27.869 --> 00:17:29.000
city.

00:17:29.000 --> 00:17:32.990
I think that's a fair assessment of it. It's not intended

00:17:32.990 --> 00:17:36.190
to be a catch-all, cover all of the cost amount, but it's a

00:17:36.190 --> 00:17:39.359
place to start and kind of separate serious projects from

00:17:39.359 --> 00:17:41.000
less than serious ones.

00:17:41.000 --> 00:17:44.000
Good question.

00:17:44.000 --> 00:17:48.029
We want to put a term limit on PIDs of any type, whether it

00:17:48.029 --> 00:17:52.519
's debt or pay as you go, not to exceed 30 years. That's in

00:17:52.519 --> 00:17:55.690
line with what's currently in our policy and that's in line

00:17:55.690 --> 00:17:59.000
with other policies that we've seen from other communities.

00:17:59.000 --> 00:18:03.539
Back to that value to lien ratio of three to one being

00:18:03.539 --> 00:18:05.000
preferable.

00:18:05.000 --> 00:18:07.779
So it's not a requirement. It's just preferable because

00:18:07.779 --> 00:18:10.450
that was a concern I had after looking at some of the other

00:18:10.450 --> 00:18:12.000
cities and where they are.

00:18:12.000 --> 00:18:15.660
We do want to have some flexibility built in just like we

00:18:15.660 --> 00:18:18.000
have with our incentive policy.

00:18:18.000 --> 00:18:21.710
So this is why we have to come back with it because we don

00:18:21.710 --> 00:18:25.279
't want to back ourselves into a corner by trying to do

00:18:25.279 --> 00:18:27.000
something too fast.

00:18:27.000 --> 00:18:31.109
One option is to consider only reimbursement bonds instead

00:18:31.109 --> 00:18:35.109
of bonds that are issued before a project is started. So

00:18:35.109 --> 00:18:37.809
that way you can say once the city officially accepts your

00:18:37.809 --> 00:18:42.000
public infrastructure or once you've completed 75% of the

00:18:42.000 --> 00:18:45.240
public infrastructure and it's 75% has been accepted, the

00:18:45.240 --> 00:18:46.000
bonds will be sold.

00:18:46.000 --> 00:18:51.460
So that's some way to tie it to completion of work and

00:18:51.460 --> 00:18:57.420
actual benchmark in the process of the project. Then we are

00:18:57.420 --> 00:18:59.660
looking at ways to express that there's a preference for

00:18:59.660 --> 00:19:01.000
certain sizes of projects.

00:19:01.000 --> 00:19:05.369
Again, you want it to be significant and so a benchmark

00:19:05.369 --> 00:19:09.380
place to start, other communities have used it as

00:19:09.380 --> 00:19:14.630
commercial projects that are above 100 acres will be given

00:19:14.630 --> 00:19:17.269
preference. Residential projects that are above 300 acres

00:19:17.269 --> 00:19:18.000
will be given projects.

00:19:18.000 --> 00:19:24.240
Another way to approach it from the residential side would

00:19:24.240 --> 00:19:30.210
be minimum number of lots of a minimum size would be given

00:19:30.210 --> 00:19:32.000
preference. So we'll work on the specific language about

00:19:32.000 --> 00:19:32.000
that.

00:19:32.000 --> 00:19:49.000
Yes. What about for for minimum lots concerns me because if

00:19:49.000 --> 00:19:49.000
people wanted to invent to develop live or work play

00:19:49.000 --> 00:19:49.000
locations smaller lots, but they may be higher value.

00:19:49.000 --> 00:20:01.579
And then also how to live workspace in it. Obviously give

00:20:01.579 --> 00:20:06.160
you a smaller law. Right. And that's, that's a good point

00:20:06.160 --> 00:20:06.390
and that goes back to building in the flexibility, like,

00:20:06.390 --> 00:20:06.599
some of these things I think will be presented more like

00:20:06.599 --> 00:20:06.789
these are these are things we will use to analyze your

00:20:06.789 --> 00:20:07.000
project.

00:20:07.000 --> 00:20:10.829
So we're going to use kind of a cafeteria option of choices

00:20:10.829 --> 00:20:14.519
, so that if a unique project comes up that has an aspect

00:20:14.519 --> 00:20:17.880
that makes it might not fit but it makes sense from a

00:20:17.880 --> 00:20:21.880
different perspective of what's trying to help us achieve a

00:20:21.880 --> 00:20:26.000
goal of density or higher quality

00:20:26.000 --> 00:20:29.730
development that you know comes closer to covering its cost

00:20:29.730 --> 00:20:33.390
of service or something like that. We want the council to

00:20:33.390 --> 00:20:36.660
have the flexibility to be able to do that and not just

00:20:36.660 --> 00:20:39.000
exclude things. So, good point.

00:20:39.000 --> 00:20:44.000
I had a question alone that same line, Caroline.

00:20:44.000 --> 00:20:48.059
Going from my memory I remember us having a conversation

00:20:48.059 --> 00:20:52.470
about that, in general, we didn't want housing, unless it

00:20:52.470 --> 00:20:56.819
brought something very unique to the table. Is that still

00:20:56.819 --> 00:21:00.779
the, the nexus of the conversation, it is, and that's, that

00:21:00.779 --> 00:21:05.000
's absolutely going to be addressed in the revisions

00:21:05.000 --> 00:21:10.950
in terms of this is what demonstrable public benefit is,

00:21:10.950 --> 00:21:14.000
and here's how we judge it.

00:21:14.000 --> 00:21:17.730
We're housing to adhere to standards that are higher than

00:21:17.730 --> 00:21:21.299
the minimum in the development code and that will be cod

00:21:21.299 --> 00:21:25.029
ified in in a developer agreement which will be part of the

00:21:25.029 --> 00:21:28.759
formation documents of the pit. So I think that's still

00:21:28.759 --> 00:21:33.000
what everybody's opinion is, is that it's intended to

00:21:33.000 --> 00:21:35.000
support higher quality

00:21:35.000 --> 00:21:38.940
development, brings better amenities that has home prices

00:21:38.940 --> 00:21:42.569
that cover its cost of service, those things that would

00:21:42.569 --> 00:21:46.599
differentiate it from current projects current development

00:21:46.599 --> 00:21:48.000
of residential.

00:21:48.000 --> 00:21:49.000
Thank you.

00:21:49.000 --> 00:21:50.000
You're welcome.

00:21:50.000 --> 00:21:53.000
I think this is the end of my presentation.

00:21:53.000 --> 00:21:56.000
So,

00:21:56.000 --> 00:22:00.000
does anyone have any other questions.

00:22:00.000 --> 00:22:22.000
Okay.

00:22:22.000 --> 00:22:26.000
Thank you, Caroline. You're welcome.

00:22:26.000 --> 00:22:30.000
Let's see.

00:22:30.000 --> 00:22:36.000
The next order of business is EDP 18 025.

00:22:36.000 --> 00:22:40.190
We'll have a discussion and give staff direction regarding

00:22:40.190 --> 00:22:43.940
the second annual taking care of business and little D

00:22:43.940 --> 00:22:45.000
workshop.

00:22:45.000 --> 00:22:46.000
Let's see.

00:22:46.000 --> 00:22:52.000
Please.

00:22:52.000 --> 00:22:57.000
Christina Davis right.

00:22:57.000 --> 00:22:59.000
How are you all doing today.

00:22:59.000 --> 00:23:04.000
Great.

00:23:04.000 --> 00:23:07.559
I did not prepare a PowerPoint presentation just to save

00:23:07.559 --> 00:23:11.099
some time because I just want to give you a brief update on

00:23:11.099 --> 00:23:14.519
the workshop that we'll be having so this is our second

00:23:14.519 --> 00:23:20.000
year to participate in the national small business week.

00:23:20.000 --> 00:23:23.549
The small business week started approximately in 1963 with

00:23:23.549 --> 00:23:26.650
the president issuing a proclamation announcing that it was

00:23:26.650 --> 00:23:28.000
small business week.

00:23:28.000 --> 00:23:31.769
These small business administration each year participates

00:23:31.769 --> 00:23:35.190
by providing support and training for small businesses

00:23:35.190 --> 00:23:39.039
outside of what they normally would do and so as part of

00:23:39.039 --> 00:23:43.000
the shop here on purpose program.

00:23:43.000 --> 00:23:46.849
We were looking at ways to support small businesses and we

00:23:46.849 --> 00:23:50.539
thought this would be a great opportunity. So reaching out

00:23:50.539 --> 00:23:52.500
to some of our small businesses we asked them what kind of

00:23:52.500 --> 00:23:54.000
things would you like to know more about.

00:23:54.000 --> 00:23:56.920
We got back lots of information and we kind of narrowed

00:23:56.920 --> 00:24:00.180
that down into four categories which are marketing how they

00:24:00.180 --> 00:24:03.390
can protect their business ways they can strengthen their

00:24:03.390 --> 00:24:06.250
business and to grow it and I know some of those kind of

00:24:06.250 --> 00:24:10.000
sound the same but they are just a little bit different.

00:24:10.000 --> 00:24:14.349
This year we have a great workshop. We have people from the

00:24:14.349 --> 00:24:17.690
community and we also use staff so that we can provide this

00:24:17.690 --> 00:24:20.710
workshop for free our small businesses so all small

00:24:20.710 --> 00:24:24.130
businesses in Denton are encouraged to intend we work with

00:24:24.130 --> 00:24:28.000
the chamber and by chamber members to attend as well.

00:24:28.000 --> 00:24:32.539
And this year we have some great speakers we're going to be

00:24:32.539 --> 00:24:37.059
working on social media and the forge maker space which is

00:24:37.059 --> 00:24:41.509
a small business support center that's located at one of

00:24:41.509 --> 00:24:45.000
our libraries of the North French Library.

00:24:45.000 --> 00:24:48.569
We're talking about when distress when disaster strikes and

00:24:48.569 --> 00:24:51.920
in light of some of the recent things that have happened on

00:24:51.920 --> 00:24:54.869
the square with the fire and we found out a lot of our

00:24:54.869 --> 00:24:58.000
businesses are not prepared in case of emergency.

00:24:58.000 --> 00:25:01.170
We have we have Michael Petaluma who is our emergency

00:25:01.170 --> 00:25:04.569
management coordinator who's going to speak and we have

00:25:04.569 --> 00:25:08.109
someone from an insurance company who will be here to speak

00:25:08.109 --> 00:25:11.519
and to help give our small businesses some direction and

00:25:11.519 --> 00:25:15.049
some assistance and how to prepare in case the you know

00:25:15.049 --> 00:25:18.000
something like a fire were to happen or even in the camp in

00:25:18.000 --> 00:25:22.000
the chance of a natural disaster.

00:25:22.000 --> 00:25:25.799
We're also going to talk about how they can strengthen

00:25:25.799 --> 00:25:30.470
their business by leveraging the workforce training that's

00:25:30.470 --> 00:25:35.039
available through the state also from SBA for developing

00:25:35.039 --> 00:25:39.589
and and getting leverage funding and also how to use local

00:25:39.589 --> 00:25:42.000
opportunities through stoke.

00:25:42.000 --> 00:25:44.640
We've also talked to trainings lunch and learns and

00:25:44.640 --> 00:25:47.160
workshops and so we want to help and help our small

00:25:47.160 --> 00:25:50.240
businesses to leverage those activities to maximize their

00:25:50.240 --> 00:25:52.000
strength in their business.

00:25:52.000 --> 00:25:56.349
Then we also have a couple special things happening as far

00:25:56.349 --> 00:26:00.849
as growing their business by creating a memorable customer

00:26:00.849 --> 00:26:02.000
experience.

00:26:02.000 --> 00:26:07.000
So, Shannon, and I'll hope I get her last name.

00:26:07.000 --> 00:26:08.000
Manage.

00:26:08.000 --> 00:26:09.000
Man.

00:26:09.000 --> 00:26:10.000
How do you say it.

00:26:10.000 --> 00:26:14.349
She'll be with us to speak and then also will be doing some

00:26:14.349 --> 00:26:17.000
frontline training for staff.

00:26:17.000 --> 00:26:22.359
So if you have a retail business and you want to help your

00:26:22.359 --> 00:26:26.250
staff create a memorable customer experience, we have some

00:26:26.250 --> 00:26:28.000
training for that as well.

00:26:28.000 --> 00:26:31.900
So we've structured the workshop with the most popular

00:26:31.900 --> 00:26:35.769
items in the morning to allow for businesses that open a

00:26:35.769 --> 00:26:39.500
little bit later and we just encourage them to attend

00:26:39.500 --> 00:26:43.000
either one seminar or the whole day seminar.

00:26:43.000 --> 00:26:46.829
So we're really excited to be able to offer this to our

00:26:46.829 --> 00:26:48.000
community.

00:26:48.000 --> 00:26:50.000
Questions, please.

00:26:50.000 --> 00:26:51.000
Sure.

00:26:51.000 --> 00:26:55.349
Hi, I learned recently that I think it's the North Branch

00:26:55.349 --> 00:26:59.000
Library has a small business support group.

00:26:59.000 --> 00:27:01.000
They do have you all reached out to them.

00:27:01.000 --> 00:27:02.000
Are they aware?

00:27:02.000 --> 00:27:05.000
I mean, is there communication between?

00:27:05.000 --> 00:27:07.319
Yes, we definitely work with them and we've also been

00:27:07.319 --> 00:27:08.000
promoting.

00:27:08.000 --> 00:27:11.359
They have a workshop coming up on the twenty first of this

00:27:11.359 --> 00:27:12.000
month.

00:27:12.000 --> 00:27:18.000
It's for with it's a women's business outreach.

00:27:18.000 --> 00:27:21.990
And so they'll be opening up their forage workmaker space

00:27:21.990 --> 00:27:24.000
for this event to do that.

00:27:24.000 --> 00:27:28.000
So we do coordinate with them and actually Randy.

00:27:28.000 --> 00:27:29.000
I'm sorry.

00:27:29.000 --> 00:27:34.579
Yes, it's Randy Simmons will be here to talk about the for

00:27:34.579 --> 00:27:40.000
age and just explain what they do, what they offer there,

00:27:40.000 --> 00:27:42.369
the types of support groups that they have in those types

00:27:42.369 --> 00:27:43.000
of things.

00:27:43.000 --> 00:27:45.000
Forage.

00:27:45.000 --> 00:27:46.000
The forage.

00:27:46.000 --> 00:27:49.000
And that's the name of the support group.

00:27:49.000 --> 00:27:52.000
That's the make that's the space, the makerspace.

00:27:52.000 --> 00:27:55.000
So they call it the forage of RG makerspace.

00:27:55.000 --> 00:27:58.160
And they did lots of other things besides small business,

00:27:58.160 --> 00:28:01.190
but the small business workshop and what they do there is

00:28:01.190 --> 00:28:02.000
part of it.

00:28:02.000 --> 00:28:04.000
So good part of it.

00:28:04.000 --> 00:28:08.839
So I wanted to add something to Councilmember Briggs

00:28:08.839 --> 00:28:10.000
comment.

00:28:10.000 --> 00:28:13.869
When my staff developed this TCB and the program for the

00:28:13.869 --> 00:28:17.599
first time last year, that's when we really started

00:28:17.599 --> 00:28:21.910
intentionally and actively collaborating with the folks at

00:28:21.910 --> 00:28:26.000
the North Branch Library, because that is where the forages

00:28:26.000 --> 00:28:27.000
housed.

00:28:27.000 --> 00:28:31.799
The business library and the person who specializes in

00:28:31.799 --> 00:28:35.000
business is housed there as well.

00:28:35.000 --> 00:28:38.000
And so we have worked really hard on cross promoting.

00:28:38.000 --> 00:28:41.400
They came in and were on the key support team when we did

00:28:41.400 --> 00:28:45.000
the Stoke transition, their business librarian was.

00:28:45.000 --> 00:28:48.279
And so we've really grown that partnership and made a

00:28:48.279 --> 00:28:51.859
concerted effort to share information, cross promote

00:28:51.859 --> 00:28:55.130
resources and make sure that we're doing good referrals

00:28:55.130 --> 00:28:59.430
back and forth between what programs they offer and what

00:28:59.430 --> 00:29:02.700
resources they can help people learn about and what we can

00:29:02.700 --> 00:29:05.000
do for businesses in the economic development office.

00:29:05.000 --> 00:29:07.000
So it's been great.

00:29:07.000 --> 00:29:09.839
Yeah, awesome. Thanks. Nice. We refer a lot of people there

00:29:09.839 --> 00:29:10.000
.

00:29:10.000 --> 00:29:13.000
Yeah.

00:29:13.000 --> 00:29:16.480
So Christina on on May the third. Yes, sir. And the

00:29:16.480 --> 00:29:20.240
location again is it's here at City Hall here at City Hall

00:29:20.240 --> 00:29:21.000
will be.

00:29:21.000 --> 00:29:24.000
We'll have the workshop upstairs in the council chambers.

00:29:24.000 --> 00:29:30.000
At what time it starts at 830 am registration starts today.

00:29:30.000 --> 00:29:34.029
And on it goes until it goes until 430. Okay, thank you.

00:29:34.029 --> 00:29:36.000
Yeah.

00:29:36.000 --> 00:29:40.849
We do have a link for people to register and it's through

00:29:40.849 --> 00:29:44.000
our Facebook page shop in Texas.

00:29:44.000 --> 00:29:47.000
One more comment, please.

00:29:47.000 --> 00:29:50.839
I know that we actually on this particular board have a

00:29:50.839 --> 00:29:54.579
number of people who are small business owners in our

00:29:54.579 --> 00:29:58.579
community. So I would like to ask those people to raise

00:29:58.579 --> 00:30:02.160
their hands so that we can all recognize them small

00:30:02.160 --> 00:30:07.000
businesses, one, two, three, four, five. Yeah.

00:30:07.000 --> 00:30:10.059
So that's pretty impressive. We know that it is a big time

00:30:10.059 --> 00:30:12.900
commitment for y'all to take time out of running those

00:30:12.900 --> 00:30:15.910
businesses to be here. So thank you for what you do in our

00:30:15.910 --> 00:30:18.700
community from a business standpoint and also from a

00:30:18.700 --> 00:30:22.000
volunteer standpoint on this board and others.

00:30:22.000 --> 00:30:25.000
So thank you very much.

00:30:25.000 --> 00:30:27.000
Thank you for those kind words.

00:30:27.000 --> 00:30:33.000
Any more questions of Christina before she concludes.

00:30:33.000 --> 00:30:39.000
Thank you so much. Thank you so much.

00:30:39.000 --> 00:30:43.000
There being no other items for the work session.

00:30:43.000 --> 00:30:55.000
We will adjourn the work session at 1133 and a half about

00:30:55.000 --> 00:30:55.000
that.

00:30:55.000 --> 00:31:07.000
Now that we've completed that portion of the agenda.

00:31:07.000 --> 00:31:10.869
Since this is my first time I'm reading my script so please

00:31:10.869 --> 00:31:12.000
bear with me.

00:31:12.000 --> 00:31:28.059
I'll call the regular meeting to order at 1134. And the

00:31:28.059 --> 00:31:28.609
first order of business is to consider the minutes of the

00:31:28.609 --> 00:31:29.329
March 23rd 2018 meeting, and I'll give everyone a chance to

00:31:29.329 --> 00:31:30.000
review them briefly before we vote on them.

00:31:30.000 --> 00:31:39.000
Thank you.

00:31:39.000 --> 00:31:43.000
And once you're ready just say I'm ready.

00:31:43.000 --> 00:31:59.000
Call the question.

00:31:59.000 --> 00:32:02.000
We're ready. Okay, we're ready. Good deal.

00:32:02.000 --> 00:32:04.000
I make a motion for approval.

00:32:04.000 --> 00:32:07.279
We have a motion on the floor to approve the minutes as

00:32:07.279 --> 00:32:08.000
presented.

00:32:08.000 --> 00:32:14.000
Second, Bob aims and

00:32:14.000 --> 00:32:19.000
any further discussion of the minutes.

00:32:19.000 --> 00:32:21.000
There being none.

00:32:21.000 --> 00:32:24.140
All in favor of approving minutes as presented signify by

00:32:24.140 --> 00:32:25.000
saying aye.

00:32:25.000 --> 00:32:28.000
All against same sign.

00:32:28.000 --> 00:32:31.809
Any abstentions. Okay, the minutes are approved as

00:32:31.809 --> 00:32:33.000
presented.

00:32:33.000 --> 00:32:50.000
Let's see.

00:32:50.000 --> 00:32:57.000
Okay, thank you.

00:32:57.000 --> 00:33:03.920
The next item on the agenda is EDP 18 027, which is to

00:33:03.920 --> 00:33:08.880
consider a recommendation to the city council regarding

00:33:08.880 --> 00:33:13.549
approval of the revised public improvement district

00:33:13.549 --> 00:33:15.000
guidelines.

00:33:15.000 --> 00:33:20.500
But because that report is not fully completed, I would

00:33:20.500 --> 00:33:25.910
entertain a recommendation to table this motion until

00:33:25.910 --> 00:33:28.000
another meeting.

00:33:28.000 --> 00:33:34.650
I move we table this agenda item to a later meeting to

00:33:34.650 --> 00:33:39.000
allow for completed presentation to review.

00:33:39.000 --> 00:33:42.000
We have a motion on the floor we have a second. Second.

00:33:42.000 --> 00:33:46.000
We have a second. Any discussion.

00:33:46.000 --> 00:34:08.000
Okay.

00:34:08.000 --> 00:34:11.079
Okay, all in favor of the motion on the floor signify by

00:34:11.079 --> 00:34:15.000
saying aye. Aye. Any abstentions.

00:34:15.000 --> 00:34:19.000
Excuse me. Any.

00:34:19.000 --> 00:34:22.000
Any nays, any nays.

00:34:22.000 --> 00:34:26.829
No, there being no nays no abstentions the, the motion to

00:34:26.829 --> 00:34:33.780
table this particular topic until another meeting date is

00:34:33.780 --> 00:34:35.000
approved.

00:34:35.000 --> 00:34:38.000
Staff reports.

00:34:38.000 --> 00:35:06.000
18 024.

00:35:06.000 --> 00:35:13.000
I don't think so.

00:35:13.000 --> 00:35:17.460
I have, I have a, I have to leave it one but other than

00:35:17.460 --> 00:35:21.000
that I think we should be done before then.

00:35:21.000 --> 00:35:24.000
What do you think is that a huh.

00:35:24.000 --> 00:35:27.710
Okay, let's have our staff. We love our staff so let's let

00:35:27.710 --> 00:35:29.000
's hear from them.

00:35:29.000 --> 00:35:36.000
Let's see.

00:35:36.000 --> 00:36:03.000
City RFI summary.

00:36:03.000 --> 00:36:06.000
I don't know if you can hear me.

00:36:06.000 --> 00:36:07.000
I don't know if you can hear me.

00:36:07.000 --> 00:36:08.000
I don't know if you can hear me.

00:36:08.000 --> 00:36:09.000
I don't know if you can hear me.

00:36:09.000 --> 00:36:10.000
I don't know if you can hear me.

00:36:10.000 --> 00:36:11.000
I don't know if you can hear me.

00:36:11.000 --> 00:36:12.000
I don't know if you can hear me.

00:36:12.000 --> 00:36:13.000
I don't know if you can hear me.

00:36:13.000 --> 00:36:14.000
I don't know if you can hear me.

00:36:14.000 --> 00:36:15.000
I don't know if you can hear me.

00:36:15.000 --> 00:36:16.000
I don't know if you can hear me.

00:36:16.000 --> 00:36:17.000
I don't know if you can hear me.

00:36:17.000 --> 00:36:18.000
I don't know if you can hear me.

00:36:18.000 --> 00:36:19.000
I don't know if you can hear me.

00:36:19.000 --> 00:36:20.000
I don't know if you can hear me.

00:36:20.000 --> 00:36:21.000
I don't know if you can hear me.

00:36:21.000 --> 00:36:22.000
I don't know if you can hear me.

00:36:22.000 --> 00:36:23.000
I don't know if you can hear me.

00:36:23.000 --> 00:36:34.000
I don't know if you can hear me.

00:36:34.000 --> 00:36:38.110
Okay, sorry everybody in TV land who couldn't hear me,

00:36:38.110 --> 00:36:41.079
which includes precisely two people,

00:36:41.079 --> 00:36:42.079
one of whom I know.

00:36:42.079 --> 00:36:47.079
And the other person is Mike's friend.

00:36:47.079 --> 00:36:52.719
So just to recap, we received four inquiries, we responded

00:36:52.719 --> 00:36:55.599
to two, two we did not respond

00:36:55.599 --> 00:36:56.599
to.

00:36:56.599 --> 00:37:01.019
Then we have a status update from a project 2020, which our

00:37:01.019 --> 00:37:02.840
original response to that

00:37:02.840 --> 00:37:05.960
project was submitted in October.

00:37:05.960 --> 00:37:09.210
I believe that should say October 2017 to the Dallas

00:37:09.210 --> 00:37:11.079
Regional Chamber, or maybe it's

00:37:11.079 --> 00:37:12.079
2016.

00:37:12.079 --> 00:37:14.199
But they, we were previously submitted on it.

00:37:14.199 --> 00:37:17.679
They've come back again after a hiatus to begin looking

00:37:17.679 --> 00:37:20.079
again, it's a beverage production

00:37:20.079 --> 00:37:23.869
and distribution facility that's seeking around 15 acres

00:37:23.869 --> 00:37:25.079
for the project.

00:37:25.079 --> 00:37:29.119
Their expected capital investment is $48 million with 100

00:37:29.119 --> 00:37:31.079
employees and an average wage of

00:37:31.079 --> 00:37:32.760
$41,000.

00:37:32.760 --> 00:37:36.250
We did provide the additional information that they were

00:37:36.250 --> 00:37:38.440
looking for about the site.

00:37:38.440 --> 00:37:43.039
And there was a site visit on March 26, and then the

00:37:43.039 --> 00:37:46.360
prospect requested and staff provided

00:37:46.360 --> 00:37:48.760
sale information on the West Park site.

00:37:48.760 --> 00:37:53.920
So at this point, the land seller and the potential buyer

00:37:53.920 --> 00:37:56.199
have been connected.

00:37:56.199 --> 00:37:59.210
So we'll provide more updates on that as they become

00:37:59.210 --> 00:38:00.119
available.

00:38:00.119 --> 00:38:04.599
And then the, I'm sorry, did someone have a question?

00:38:04.599 --> 00:38:09.960
So the two that we weren't able to meet the criteria, my

00:38:09.960 --> 00:38:13.719
question, what type of buildings?

00:38:13.719 --> 00:38:16.949
So obviously they're a little larger, but is it the kind of

00:38:16.949 --> 00:38:18.360
the shell building that

00:38:18.360 --> 00:38:19.360
they can build out?

00:38:19.360 --> 00:38:22.119
Is that what they were seeking or?

00:38:22.119 --> 00:38:25.980
It's actually existing buildings that we typically can't

00:38:25.980 --> 00:38:28.760
respond to when they seek existing buildings

00:38:28.760 --> 00:38:32.760
because we don't have them of the size that they need.

00:38:32.760 --> 00:38:37.000
And then, you know, there are many different ways that

00:38:37.000 --> 00:38:39.599
buildings can be finished out.

00:38:39.599 --> 00:38:43.519
And those are real specific to the project.

00:38:43.519 --> 00:38:46.130
But the basic issue with these is that we did not have a

00:38:46.130 --> 00:38:48.440
250,000 square foot existing

00:38:48.440 --> 00:38:52.340
building, nor did we have an 800,000 square foot existing

00:38:52.340 --> 00:38:54.039
building of any kind to be able

00:38:54.039 --> 00:38:55.039
to provide to them.

00:38:55.039 --> 00:38:56.039
And help me orient me.

00:38:56.039 --> 00:38:58.960
How big is that?

00:38:58.960 --> 00:39:05.570
So Wynco distribution center on Western Boulevard is, it is

00:39:05.570 --> 00:39:06.559
slightly under a million square

00:39:06.559 --> 00:39:09.159
feet under roof.

00:39:09.159 --> 00:39:11.880
So that would be humongous.

00:39:11.880 --> 00:39:15.719
And one of them was wanting just about that much.

00:39:15.719 --> 00:39:20.860
I don't know if 250,000 square feet, does anyone have a, is

00:39:20.860 --> 00:39:22.840
Christina still in here?

00:39:22.840 --> 00:39:26.380
Do you have an example of a 250,000 square foot existing

00:39:26.380 --> 00:39:27.920
building here in town that you

00:39:27.920 --> 00:39:30.679
could holler at me and I can repeat?

00:39:30.679 --> 00:39:32.039
Okay.

00:39:32.039 --> 00:39:36.760
So if you've seen Westgate also on Western Boulevard, their

00:39:36.760 --> 00:39:39.960
building one is 170,000.

00:39:39.960 --> 00:39:41.679
So it's still smaller than this.

00:39:41.679 --> 00:39:44.519
But that's a, you know, it's an idea of the size.

00:39:44.519 --> 00:39:45.519
Thank you.

00:39:45.519 --> 00:39:46.519
You're welcome.

00:39:46.519 --> 00:39:47.519
We have another question on the other side.

00:39:47.519 --> 00:39:52.760
Why are we limiting this report to responses to just these

00:39:52.760 --> 00:39:54.719
two sources versus all the sources?

00:39:54.719 --> 00:39:58.530
We can expand the report because we do have quite a number

00:39:58.530 --> 00:40:00.480
of leads that come directly

00:40:00.480 --> 00:40:02.039
to us from other sources.

00:40:02.039 --> 00:40:04.920
And we would be glad to add that in there.

00:40:04.920 --> 00:40:08.210
When the report was originally requested, the request was

00:40:08.210 --> 00:40:09.780
specifically for these.

00:40:09.780 --> 00:40:14.860
So we track those in an in-house developed system.

00:40:14.860 --> 00:40:17.159
So it's easy to generate the information.

00:40:17.159 --> 00:40:19.449
And if you'd like to see it expanded, we'd be glad to do

00:40:19.449 --> 00:40:19.920
that.

00:40:19.920 --> 00:40:23.800
Well, I don't know if I speak for everyone on the board,

00:40:23.800 --> 00:40:25.960
but I just if it's just as easy,

00:40:25.960 --> 00:40:28.829
I don't mean to create new work, but it seems that it would

00:40:28.829 --> 00:40:30.440
be interesting to know.

00:40:30.440 --> 00:40:32.789
Christina would love to modify this report to include that

00:40:32.789 --> 00:40:33.559
information.

00:40:33.559 --> 00:40:37.099
I'd also like to, can I have the right month on the report

00:40:37.099 --> 00:40:39.159
to do that for you next month?

00:40:39.159 --> 00:40:45.159
Yes, she's going to step up her game next time.

00:40:45.159 --> 00:40:48.159
I forgive you.

00:40:48.159 --> 00:41:01.360
Any other questions on this first staff report?

00:41:01.360 --> 00:41:05.719
And the next staff report that we have is the stand, the

00:41:05.719 --> 00:41:07.800
monthly stand report.

00:41:07.800 --> 00:41:11.679
And that, you know, the categories of content in that don't

00:41:11.679 --> 00:41:13.559
change from month to month,

00:41:13.559 --> 00:41:15.960
but the specific numbers do.

00:41:15.960 --> 00:41:18.480
It's got a lot of great stuff in there.

00:41:18.480 --> 00:41:21.639
I'm not going to talk through it because that would take a

00:41:21.639 --> 00:41:22.480
long time.

00:41:22.480 --> 00:41:25.789
But if anybody has any specific questions, please feel free

00:41:25.789 --> 00:41:26.360
to ask.

00:41:26.360 --> 00:41:29.480
Are there any things that we should really be aware of?

00:41:29.480 --> 00:41:38.400
So you know, something that stands out?

00:41:38.400 --> 00:41:41.599
Because we had the census information come out.

00:41:41.599 --> 00:41:44.829
So Christina pointed out that the demographics have been

00:41:44.829 --> 00:41:46.760
updated, which some of those are

00:41:46.760 --> 00:41:50.639
only updated on an annual basis when the community survey

00:41:50.639 --> 00:41:53.480
information comes out from the U.S.

00:41:53.480 --> 00:41:54.480
Census Bureau.

00:41:54.480 --> 00:41:57.000
So those will be updated this time.

00:41:57.000 --> 00:42:00.280
I think Councilman Briggs has a question.

00:42:00.280 --> 00:42:04.320
Yeah, just the -- Councilwoman Briggs, excuse me.

00:42:04.320 --> 00:42:08.159
Poverty rate change due to off-campus population.

00:42:08.159 --> 00:42:12.510
Can you describe that a little bit and the percentage is --

00:42:12.510 --> 00:42:14.679
and is that percentage from

00:42:14.679 --> 00:42:18.579
last year or from last month or the change or is that just

00:42:18.579 --> 00:42:20.599
percentage change from the

00:42:20.599 --> 00:42:23.599
-- it's under demographics.

00:42:23.599 --> 00:42:31.480
Yeah, I guess 20.6% poverty rate seems high.

00:42:31.480 --> 00:42:35.900
So -- Christina, can you speak to that because I'm frankly

00:42:35.900 --> 00:42:38.239
not super familiar with it.

00:42:38.239 --> 00:42:40.650
So maybe we can ask Christina to come up to the podium and

00:42:40.650 --> 00:42:41.840
she can elaborate on it if

00:42:41.840 --> 00:42:44.800
she's got more information.

00:42:44.800 --> 00:42:49.039
And if we don't get that for you, we will email everybody

00:42:49.039 --> 00:42:51.039
the answer when we can get

00:42:51.039 --> 00:42:53.760
with Erica, who is our analyst.

00:42:53.760 --> 00:42:57.079
So we'll see what Christina might know.

00:42:57.079 --> 00:43:00.369
As she said, our analyst Erica Sullivan provides these

00:43:00.369 --> 00:43:01.119
numbers.

00:43:01.119 --> 00:43:06.989
The poverty rate change, it's supposed to calculate in the

00:43:06.989 --> 00:43:10.039
percentage that the students

00:43:10.039 --> 00:43:14.019
impact because there is such a lower rate and so that's why

00:43:14.019 --> 00:43:15.880
it has the rate change.

00:43:15.880 --> 00:43:16.880
This will be updated.

00:43:16.880 --> 00:43:20.099
Those updates come out in May and we'll have a new update

00:43:20.099 --> 00:43:21.840
then and maybe at that time we

00:43:21.840 --> 00:43:25.449
can have her give a better definition or description as why

00:43:25.449 --> 00:43:27.760
the information is provided in that

00:43:27.760 --> 00:43:28.760
format.

00:43:28.760 --> 00:43:32.920
So this changes dramatically semester by semester?

00:43:32.920 --> 00:43:35.920
Yeah, due to the student population.

00:43:35.920 --> 00:43:36.920
Okay.

00:43:36.920 --> 00:43:37.920
Okay.

00:43:37.920 --> 00:43:38.920
Thank you.

00:43:38.920 --> 00:43:40.719
Does that cover it or would you like more?

00:43:40.719 --> 00:43:41.719
Yeah, it's just interesting.

00:43:41.719 --> 00:43:47.369
I'm just kind of wondering how we apply that data and what

00:43:47.369 --> 00:43:49.239
we use that for.

00:43:49.239 --> 00:43:53.380
I believe her response was because the student population,

00:43:53.380 --> 00:43:56.480
there's 50,000 of them average

00:43:56.480 --> 00:44:00.719
per semester and because they have such a low income, it

00:44:00.719 --> 00:44:02.880
brings the poverty rate.

00:44:02.880 --> 00:44:05.400
It makes the poverty rate higher because there's so many of

00:44:05.400 --> 00:44:06.559
them bringing it down.

00:44:06.559 --> 00:44:09.570
So I think part of the reason that the information is

00:44:09.570 --> 00:44:11.960
gathered and is relevant is because when

00:44:11.960 --> 00:44:16.039
we are looking at or when especially retailers are

00:44:16.039 --> 00:44:19.840
considering location decisions, they look

00:44:19.840 --> 00:44:23.550
at things like the poverty rate and we feel like because of

00:44:23.550 --> 00:44:25.559
our student population being

00:44:25.559 --> 00:44:29.940
high, that's a different perspective on the number that you

00:44:29.940 --> 00:44:31.119
see on paper.

00:44:31.119 --> 00:44:34.829
And so we want to make sure that we have that information

00:44:34.829 --> 00:44:36.840
and can convey it to them that

00:44:36.840 --> 00:44:42.900
this is a subset of the population that affects that rate.

00:44:42.900 --> 00:44:46.610
So in this case here, if you were to take out the student

00:44:46.610 --> 00:44:48.800
population, our poverty rate

00:44:48.800 --> 00:44:52.199
would be 13.9 instead of the 20.6.

00:44:52.199 --> 00:44:55.400
That's just interesting because usually we use that student

00:44:55.400 --> 00:44:56.800
population as a positive

00:44:56.800 --> 00:45:00.039
impact on our community.

00:45:00.039 --> 00:45:03.170
And so I mean especially when you're talking about shopping

00:45:03.170 --> 00:45:04.760
and retail, because they do

00:45:04.760 --> 00:45:05.760
spend money.

00:45:05.760 --> 00:45:08.599
So it's just interesting to see it this way.

00:45:08.599 --> 00:45:09.599
Yeah.

00:45:09.599 --> 00:45:12.969
And so the percent change there is, I mean that's obviously

00:45:12.969 --> 00:45:14.719
just the difference between

00:45:14.719 --> 00:45:16.920
the poverty rate for all people and then the ones for

00:45:16.920 --> 00:45:17.559
students.

00:45:17.559 --> 00:45:21.619
And statistics are so fascinating in the way that they can

00:45:21.619 --> 00:45:23.840
be used to support and enhance

00:45:23.840 --> 00:45:27.000
different sides of an issue.

00:45:27.000 --> 00:45:29.590
Because I think we definitely, I mean our students are

00:45:29.590 --> 00:45:31.079
positive for our community.

00:45:31.079 --> 00:45:32.599
Of course they are.

00:45:32.599 --> 00:45:35.760
But if you just look at a straight number like overall

00:45:35.760 --> 00:45:37.800
poverty rate based on how that's

00:45:37.800 --> 00:45:40.880
calculated by the census, that could look like our

00:45:40.880 --> 00:45:43.199
community is more impoverished than

00:45:43.199 --> 00:45:44.199
it really is.

00:45:44.199 --> 00:45:45.199
Right.

00:45:45.199 --> 00:45:46.199
Yeah.

00:45:46.199 --> 00:45:47.199
Okay.

00:45:47.199 --> 00:45:48.199
So they come from their parents, right?

00:45:48.199 --> 00:45:49.199
Yeah.

00:45:49.199 --> 00:45:52.559
I have a question about that.

00:45:52.559 --> 00:45:54.929
Because of that rate and even looking at the overall

00:45:54.929 --> 00:45:56.800
poverty rate, that puts us at a pretty

00:45:56.800 --> 00:45:58.880
large number, over 20%.

00:45:58.880 --> 00:46:01.889
Are there other, does that open us up to different

00:46:01.889 --> 00:46:05.039
financial capabilities for them, either federal

00:46:05.039 --> 00:46:08.960
or state level to be able to?

00:46:08.960 --> 00:46:09.960
It can.

00:46:09.960 --> 00:46:14.170
And there's been some recent designation of opportunity

00:46:14.170 --> 00:46:16.400
zones under the new tax act that

00:46:16.400 --> 00:46:19.380
was enacted and we did have one of those designated which

00:46:19.380 --> 00:46:23.039
opens up some opportunities for different

00:46:23.039 --> 00:46:24.039
development programs.

00:46:24.039 --> 00:46:28.940
So again, you weigh the balance of what you get with our

00:46:28.940 --> 00:46:30.599
demographics.

00:46:30.599 --> 00:46:37.800
So good question.

00:46:37.800 --> 00:46:40.679
Any other questions on this particular report?

00:46:40.679 --> 00:46:45.679
There being none, we'll go to the third report please.

00:46:45.679 --> 00:46:48.679
There being none, right?

00:46:48.679 --> 00:46:52.679
Any more questions on that particular?

00:46:52.679 --> 00:46:53.679
No.

00:46:53.679 --> 00:46:54.679
Okay.

00:46:54.679 --> 00:46:55.679
All right.

00:46:55.679 --> 00:46:56.679
Thank you.

00:46:56.679 --> 00:46:57.679
Sorry.

00:46:57.679 --> 00:47:00.400
The third report is the Chamber ED offices report.

00:47:00.400 --> 00:47:04.239
I don't know if someone from the Chamber would like to

00:47:04.239 --> 00:47:06.679
speak to that because there's a lot

00:47:06.679 --> 00:47:07.679
of stuff on there.

00:47:07.679 --> 00:47:12.090
Looks like good stuff, but I am not intimately acquainted

00:47:12.090 --> 00:47:12.920
with it.

00:47:12.920 --> 00:47:15.960
So let's just fly by dancing, right?

00:47:15.960 --> 00:47:17.440
Do you have a copy of it?

00:47:17.440 --> 00:47:18.440
No I don't.

00:47:18.440 --> 00:47:19.440
Do you want a copy?

00:47:19.440 --> 00:47:20.440
Meh.

00:47:20.440 --> 00:47:21.440
I can fly pretty well.

00:47:21.440 --> 00:47:27.070
Adam is actually at the MRO, America's Conference today,

00:47:27.070 --> 00:47:29.320
this week actually.

00:47:29.320 --> 00:47:33.949
So he's trying to sell it to a few thousand people in

00:47:33.949 --> 00:47:35.119
Florida.

00:47:35.119 --> 00:47:40.710
Team Texas, which is what we co-op with them to kind of

00:47:40.710 --> 00:47:44.119
support their booth just to sell

00:47:44.119 --> 00:47:45.119
it.

00:47:45.119 --> 00:47:48.400
I will answer any questions that you have or I will take

00:47:48.400 --> 00:47:50.119
them back and ask Adam about

00:47:50.119 --> 00:47:51.119
them.

00:47:51.119 --> 00:47:57.000
So if you have questions, don't hesitate to ask.

00:47:57.000 --> 00:47:58.000
Go ahead, Mr. Chairman.

00:47:58.000 --> 00:48:00.579
Mr. Chairman, I was just going to add a couple of things to

00:48:00.579 --> 00:48:01.000
this.

00:48:01.000 --> 00:48:03.519
Thank you for filling in.

00:48:03.519 --> 00:48:06.949
A couple of key points on this to kind of differentiate how

00:48:06.949 --> 00:48:08.559
we go about our targeting

00:48:08.559 --> 00:48:09.559
prospect.

00:48:09.559 --> 00:48:15.269
Out of six offsite activities, four were specifically and

00:48:15.269 --> 00:48:19.400
directly with professional consultants,

00:48:19.400 --> 00:48:25.960
which allows us to actually go one on one and make a bit.

00:48:25.960 --> 00:48:29.119
There tends to be a lot of emphasis on the trade show and

00:48:29.119 --> 00:48:30.679
the expos and this kind of

00:48:30.679 --> 00:48:31.679
thing.

00:48:31.679 --> 00:48:34.559
But what you'll see the focus is predominantly over the

00:48:34.559 --> 00:48:36.679
past few months has been going directly

00:48:36.679 --> 00:48:39.920
to the folks who will bring the prospect.

00:48:39.920 --> 00:48:43.630
And this is one of the key points that Karen and Adam do a

00:48:43.630 --> 00:48:45.199
very good job with.

00:48:45.199 --> 00:48:52.059
Could we also clarify on May 1st, is that a work session,

00:48:52.059 --> 00:48:55.440
the City Council meeting you

00:48:55.440 --> 00:48:57.440
asked us to move to?

00:48:57.440 --> 00:48:58.440
Oh, yes.

00:48:58.440 --> 00:49:02.110
So Chuck's asking about a work session that was requested

00:49:02.110 --> 00:49:04.280
by council members to do a midyear

00:49:04.280 --> 00:49:07.880
update on the economic development partnership.

00:49:07.880 --> 00:49:12.280
So my office and the Chamber ED office will be doing an

00:49:12.280 --> 00:49:14.679
update on where we are in our

00:49:14.679 --> 00:49:17.719
program year and our work plan and yes, work session.

00:49:17.719 --> 00:49:22.590
So one of the things, the last thing I was going to point

00:49:22.590 --> 00:49:25.960
out is a new website in collaboration

00:49:25.960 --> 00:49:26.960
with the city.

00:49:26.960 --> 00:49:30.940
I don't know if you want to make an official launch on that

00:49:30.940 --> 00:49:32.800
May 1 or if you need us to

00:49:32.800 --> 00:49:37.199
do something with the partnership board separate or before

00:49:37.199 --> 00:49:37.880
that.

00:49:37.880 --> 00:49:45.519
But those are some, or Karen could you show your end now?

00:49:45.519 --> 00:49:50.820
We spent the last four or five months reworking our website

00:49:50.820 --> 00:49:53.760
, trying to make it a little bit

00:49:53.760 --> 00:49:56.119
more user friendly.

00:49:56.119 --> 00:49:59.920
I ask all of you to go on the website, take a look, tell us

00:49:59.920 --> 00:50:02.159
what you think, what you don't

00:50:02.159 --> 00:50:05.599
like, what you do like.

00:50:05.599 --> 00:50:09.650
We're getting a lot of information or comments back about

00:50:09.650 --> 00:50:11.980
this particular section or this

00:50:11.980 --> 00:50:16.150
particular news article stating that Denton County is one

00:50:16.150 --> 00:50:18.780
of the fastest growing or strongest

00:50:18.780 --> 00:50:22.639
economic growth for the next five years.

00:50:22.639 --> 00:50:32.360
So this is, I mean, just go through it, peruse it.

00:50:32.360 --> 00:50:36.500
If you have any comments, don't hesitate to email Adam or I

00:50:36.500 --> 00:50:38.320
or just hit the contact us

00:50:38.320 --> 00:50:39.320
button and put it.

00:50:39.320 --> 00:50:40.320
It's very easy to read.

00:50:40.320 --> 00:50:45.170
I did have a look around and the information is kind of

00:50:45.170 --> 00:50:48.320
spaced out nicely to where I found

00:50:48.320 --> 00:50:52.320
it was easy to find and I felt very pertinent.

00:50:52.320 --> 00:50:57.239
So I think it was a job very well done.

00:50:57.239 --> 00:51:00.159
So it's really for Caroline as well.

00:51:00.159 --> 00:51:04.250
And you are the, I just saw a tab for targeted industries

00:51:04.250 --> 00:51:06.559
or do they match what we have on

00:51:06.559 --> 00:51:07.559
council?

00:51:07.559 --> 00:51:08.559
Absolutely.

00:51:08.559 --> 00:51:09.559
Yes.

00:51:09.559 --> 00:51:14.710
And we make sure that everything is congruent based on the

00:51:14.710 --> 00:51:17.719
direction that we're receiving

00:51:17.719 --> 00:51:21.619
and the information that we're distributing via the website

00:51:21.619 --> 00:51:21.880
.

00:51:21.880 --> 00:51:25.519
That looks good.

00:51:25.519 --> 00:51:30.579
Have we heard any word from the big company that's reloc

00:51:30.579 --> 00:51:33.280
ating to DFW potentially?

00:51:33.280 --> 00:51:37.110
DFW is still in the running for that particular project,

00:51:37.110 --> 00:51:39.599
which I'm going to guess that you're

00:51:39.599 --> 00:51:41.400
talking about Amazon HQ2.

00:51:41.400 --> 00:51:42.400
Yes.

00:51:42.400 --> 00:51:46.559
So yeah, the region is still in the running.

00:51:46.559 --> 00:51:50.480
So from, and this may be archaic, but last I heard that

00:51:50.480 --> 00:51:52.719
they felt that the DFW area was

00:51:52.719 --> 00:51:56.000
the better area for relocation.

00:51:56.000 --> 00:51:58.820
I don't know if that information came from the company

00:51:58.820 --> 00:51:59.719
themselves.

00:51:59.719 --> 00:52:02.349
They've been pretty closed mouth, but there are a lot of

00:52:02.349 --> 00:52:04.400
armchair quarterbacking on what's

00:52:04.400 --> 00:52:08.079
the best region and which one isn't, but they've cut it

00:52:08.079 --> 00:52:10.239
down to 20 at this point.

00:52:10.239 --> 00:52:13.079
And I believe they've actually cut a few more out.

00:52:13.079 --> 00:52:15.920
I had an article I read just about a week ago.

00:52:15.920 --> 00:52:18.519
They cut two or three more out.

00:52:18.519 --> 00:52:21.599
So 17 instead of 20.

00:52:21.599 --> 00:52:24.199
So is that fake news or is it real news?

00:52:24.199 --> 00:52:27.280
I read the actual article, so I don't know.

00:52:27.280 --> 00:52:28.719
All right.

00:52:28.719 --> 00:52:29.719
Thank you.

00:52:29.719 --> 00:52:32.719
Question, want to comment?

00:52:32.719 --> 00:52:33.719
Yes.

00:52:33.719 --> 00:52:36.900
Just for my own personal, someone can email it to me or

00:52:36.900 --> 00:52:37.840
something.

00:52:37.840 --> 00:52:40.500
I would like to know kind of, if you can give me a scenario

00:52:40.500 --> 00:52:42.000
if you've brought, when you

00:52:42.000 --> 00:52:44.780
bring someone in town, Adam, or someone in town, kind of

00:52:44.780 --> 00:52:46.559
what their kind of pathing is.

00:52:46.559 --> 00:52:49.090
Hey, what's your kind of introduction to Denton, kind of

00:52:49.090 --> 00:52:49.880
your staples?

00:52:49.880 --> 00:52:51.880
Hey, we're going to stop here, here, here.

00:52:51.880 --> 00:52:54.960
I understand it has specific requests, but if there's kind

00:52:54.960 --> 00:52:56.639
of a, here's our normal haunts

00:52:56.639 --> 00:52:59.190
that we take people to or a normal pathing, I'd love to

00:52:59.190 --> 00:53:00.280
know what that is.

00:53:00.280 --> 00:53:01.599
Just to be curious.

00:53:01.599 --> 00:53:04.860
It varies greatly depending upon who it is.

00:53:04.860 --> 00:53:09.780
If it's brokers, Adam has a set industrial tour that he

00:53:09.780 --> 00:53:12.599
takes them to, which goes out

00:53:12.599 --> 00:53:17.039
airport drive, up Western Boulevard, kind of circles back

00:53:17.039 --> 00:53:18.760
through 380.

00:53:18.760 --> 00:53:22.210
Just show them where West Park is, where things are moving

00:53:22.210 --> 00:53:24.199
and grooving over on that side.

00:53:24.199 --> 00:53:26.960
And sometimes they'll take them, if they're looking for

00:53:26.960 --> 00:53:28.860
something different, they'll take

00:53:28.860 --> 00:53:33.559
them to the east side over by Southwire in that area where

00:53:33.559 --> 00:53:36.320
there's more industrial development

00:53:36.320 --> 00:53:37.719
going on.

00:53:37.719 --> 00:53:40.789
So it just greatly depends on what the particular broker,

00:53:40.789 --> 00:53:43.039
consultant is looking for or the company

00:53:43.039 --> 00:53:44.039
is looking for.

00:53:44.039 --> 00:53:45.039
Okay.

00:53:45.039 --> 00:53:49.289
And just FYI, I know Chuck didn't mention this, but we did

00:53:49.289 --> 00:53:51.079
have a site visit on the

00:53:51.079 --> 00:53:55.469
29th, I believe it was, with Project Exit, which is one of

00:53:55.469 --> 00:53:57.800
the projects right over here.

00:53:57.800 --> 00:54:04.360
I believe that came and met with the city.

00:54:04.360 --> 00:54:08.320
Can I add something real quick about the site tours?

00:54:08.320 --> 00:54:12.670
Karen's absolutely correct in that we allow the person who

00:54:12.670 --> 00:54:14.619
's visiting to drive the way

00:54:14.619 --> 00:54:17.570
we construct the tour based on how much time they have and

00:54:17.570 --> 00:54:19.239
what their primary interests

00:54:19.239 --> 00:54:20.239
are.

00:54:20.239 --> 00:54:24.590
But of course, if we have the latitude to do so, we do take

00:54:24.590 --> 00:54:26.719
them downtown because that

00:54:26.719 --> 00:54:30.440
is one of the most unique parts of the community.

00:54:30.440 --> 00:54:34.469
And something that we've also been doing is taking them

00:54:34.469 --> 00:54:37.000
over around the transit oriented

00:54:37.000 --> 00:54:40.309
development that's around the downtown transit center and

00:54:40.309 --> 00:54:42.199
Stoke and the development that's

00:54:42.199 --> 00:54:45.309
moving that way too, if we have the opportunity to do that,

00:54:45.309 --> 00:54:47.039
if their time schedule permits

00:54:47.039 --> 00:54:48.039
and they're interested.

00:54:48.039 --> 00:54:53.769
And then if I may, so what is the, but what's the, are we

00:54:53.769 --> 00:54:56.519
in a city of Denton Van?

00:54:56.519 --> 00:54:59.079
I just don't know what the day in the life looks like.

00:54:59.079 --> 00:55:00.079
You know what I'm saying?

00:55:00.079 --> 00:55:03.380
So maybe in what, and also I add to that, UNT is selling

00:55:03.380 --> 00:55:05.239
their nice little bus, that

00:55:05.239 --> 00:55:06.239
giant bus they had.

00:55:06.239 --> 00:55:07.679
So what is work?

00:55:07.679 --> 00:55:10.909
So I have a suburban, so I usually take people in my

00:55:10.909 --> 00:55:13.360
suburban because there's plenty of

00:55:13.360 --> 00:55:15.360
room and it's comfortable.

00:55:15.360 --> 00:55:18.059
And Adam has his truck that he takes him on in and an

00:55:18.059 --> 00:55:19.239
expedition also.

00:55:19.239 --> 00:55:24.639
We have used, we have used City of Denton buses.

00:55:24.639 --> 00:55:28.750
The solid waste has that people mover van thing that I

00:55:28.750 --> 00:55:31.239
think gets frequently used for

00:55:31.239 --> 00:55:32.440
job interviews.

00:55:32.440 --> 00:55:37.230
When we've done tours that are larger, more people than can

00:55:37.230 --> 00:55:39.639
fit in a suburban or a truck,

00:55:39.639 --> 00:55:41.079
we've used that in the past.

00:55:41.079 --> 00:55:43.880
Just depends on what group it is and what we need.

00:55:43.880 --> 00:55:44.880
Okay.

00:55:44.880 --> 00:55:45.880
Thanks.

00:55:45.880 --> 00:55:50.030
If you have any questions about the website, social media,

00:55:50.030 --> 00:55:52.079
all those analytics are also

00:55:52.079 --> 00:55:55.980
in there and then our financials on the back page for last

00:55:55.980 --> 00:55:56.719
month.

00:55:56.719 --> 00:56:01.260
Do remember that this is an unaudited, unreconciled

00:56:01.260 --> 00:56:02.559
financial.

00:56:02.559 --> 00:56:09.599
So it does change.

00:56:09.599 --> 00:56:18.079
Thank you very much.

00:56:18.079 --> 00:56:22.539
I feel enriched by the staff reports and I don't say that

00:56:22.539 --> 00:56:24.000
facetiously.

00:56:24.000 --> 00:56:28.360
I'm glad that we did take the time to go through them.

00:56:28.360 --> 00:56:30.199
Let's see.

00:56:30.199 --> 00:56:33.449
Do we have any concluding items that we need to address

00:56:33.449 --> 00:56:35.599
before entertaining a motion?

00:56:35.599 --> 00:56:36.599
Yes ma'am.

00:56:36.599 --> 00:56:40.039
I have a couple of requests.

00:56:40.039 --> 00:56:44.849
So I would like to see if we could, if this committee could

00:56:44.849 --> 00:56:47.239
get an update on the TW Women

00:56:47.239 --> 00:56:48.239
and Business grants.

00:56:48.239 --> 00:56:52.659
I think they've had an application that went out for

00:56:52.659 --> 00:56:55.920
entrepreneurs or small business.

00:56:55.920 --> 00:56:58.530
Small business is owned by women and there were several 5,

00:56:58.530 --> 00:57:00.000
000 grants and I know that

00:57:00.000 --> 00:57:03.820
I shared it and sent it to several people and I haven't

00:57:03.820 --> 00:57:05.840
heard an update on that and

00:57:05.840 --> 00:57:08.639
I didn't know if they were going to do some sort of

00:57:08.639 --> 00:57:10.719
presentation in the community on that

00:57:10.719 --> 00:57:15.280
since it does directly affect our community.

00:57:15.280 --> 00:57:21.019
Also if we could get a staff report or a presentation on an

00:57:21.019 --> 00:57:25.039
amphitheater and how and where to best

00:57:25.039 --> 00:57:30.190
locate that if we wanted one in Denton to best reflect

00:57:30.190 --> 00:57:34.159
positive for the economic development

00:57:34.159 --> 00:57:37.639
for our city.

00:57:37.639 --> 00:57:42.519
Could you amplify on that request please?

00:57:42.519 --> 00:57:48.699
Well I have had people ask me or say that they would like

00:57:48.699 --> 00:57:52.000
to have some sort of outdoor

00:57:52.000 --> 00:57:58.070
space for playing music or outdoor theater or something and

00:57:58.070 --> 00:58:00.519
so I'm just curious if there

00:58:00.519 --> 00:58:03.889
was a location in our city that if say council or if

00:58:03.889 --> 00:58:06.719
somebody wanted to request one if there

00:58:06.719 --> 00:58:10.599
was a specific area that the economic development or

00:58:10.599 --> 00:58:13.599
chamber or anyone would recommend that

00:58:13.599 --> 00:58:22.920
it go for the city.

00:58:22.920 --> 00:58:25.610
I think my first step on that would be to check in with

00:58:25.610 --> 00:58:27.159
other departments to see if

00:58:27.159 --> 00:58:30.820
anybody's got anything like that any master plan documents

00:58:30.820 --> 00:58:32.400
that are going on see what

00:58:32.400 --> 00:58:35.789
information we might have already pulled together about

00:58:35.789 --> 00:58:37.920
that just to run that first and then

00:58:37.920 --> 00:58:40.360
we can come up with some suggestions.

00:58:40.360 --> 00:58:43.880
And I'm not talking about the like the stage that's back

00:58:43.880 --> 00:58:44.480
here.

00:58:44.480 --> 00:58:45.480
Right yeah.

00:58:45.480 --> 00:58:46.480
Okay just for clarification.

00:58:46.480 --> 00:58:47.480
Something a little more avant-garde.

00:58:47.480 --> 00:58:48.480
Yeah.

00:58:48.480 --> 00:58:53.510
Just to clarify a little bit more do you mean some place

00:58:53.510 --> 00:58:56.599
like where we would have food trucks

00:58:56.599 --> 00:59:00.190
be able to circle around and then the economic development

00:59:00.190 --> 00:59:02.199
impact would be you know having

00:59:02.199 --> 00:59:05.599
mobile food or beverages being able to be sold in that

00:59:05.599 --> 00:59:06.519
location.

00:59:06.519 --> 00:59:09.829
Well if it was an amphitheater it would be it would stay in

00:59:09.829 --> 00:59:11.280
one area so it would but

00:59:11.280 --> 00:59:14.960
the food trucks well then also the businesses around would

00:59:14.960 --> 00:59:17.000
be would build and benefit from

00:59:17.000 --> 00:59:22.860
people coming into those shows or or what have you so that

00:59:22.860 --> 00:59:24.639
's what I mean.

00:59:24.639 --> 00:59:29.340
I do think that in the initial plans for razor ranch there

00:59:29.340 --> 00:59:32.119
was an amphitheater included in

00:59:32.119 --> 00:59:37.309
the town center section and so I will just quadruple verify

00:59:37.309 --> 00:59:40.039
with the developer that that's

00:59:40.039 --> 00:59:42.039
still part of the plans.

00:59:42.039 --> 00:59:44.980
The most recent version that I've seen you know that's that

00:59:44.980 --> 00:59:46.360
's for the third phase of

00:59:46.360 --> 00:59:49.420
the development that that close-in town center section that

00:59:49.420 --> 00:59:50.880
has green space in the middle

00:59:50.880 --> 00:59:54.469
that was the original intention was to have an amphitheater

00:59:54.469 --> 00:59:56.079
there so I can verify that

00:59:56.079 --> 00:59:59.000
that's still the plan I think it is.

00:59:59.000 --> 01:00:02.110
But that might be at least one pretty straightforward

01:00:02.110 --> 01:00:04.599
answer to that question is that that would

01:00:04.599 --> 01:00:06.599
be a great spot for one.

01:00:06.599 --> 01:00:09.190
Yeah just arts and entertainment has been proven to be an

01:00:09.190 --> 01:00:10.559
economic driver and that is

01:00:10.559 --> 01:00:15.170
just another area that we don't have here that would be

01:00:15.170 --> 01:00:16.920
great thank you.

01:00:16.920 --> 01:00:22.510
Growing up in Houston we had a center called the Miller Out

01:00:22.510 --> 01:00:25.320
door Theater that had drama

01:00:25.320 --> 01:00:30.010
music and they built a hill right behind it so people could

01:00:30.010 --> 01:00:32.199
actually sit on the hill if

01:00:32.199 --> 01:00:35.679
they didn't sit in the seating they had seating and it was

01:00:35.679 --> 01:00:37.440
covered but it was open you had

01:00:37.440 --> 01:00:43.639
you know the amphitheater so it wasn't completely closed.

01:00:43.639 --> 01:00:47.860
So and I think the seating on that was probably about a

01:00:47.860 --> 01:00:50.400
thousand or two thousand so it was

01:00:50.400 --> 01:00:53.869
large but of course the city of Houston and it was in the

01:00:53.869 --> 01:00:55.800
arch district and so did you

01:00:55.800 --> 01:01:01.690
have a seating in mind or sure sure you had something in

01:01:01.690 --> 01:01:06.960
mind more than ten right.

01:01:06.960 --> 01:01:14.079
Thank you any more items before we conclude today.

01:01:14.079 --> 01:01:16.389
There being none I'll entertain a motion to adjourn the

01:01:16.389 --> 01:01:17.559
meeting.

01:01:17.559 --> 01:01:20.719
So moved.

01:01:20.719 --> 01:01:21.719
Motion and second.

01:01:21.719 --> 01:01:22.719
Any discussion.

01:01:22.719 --> 01:01:26.480
All in favor signify by saying aye.

01:01:26.480 --> 01:01:29.480
Any abstentions or nays.

01:01:29.480 --> 01:01:32.480
Meeting is adjourned at twelve oh four.

01:01:32.480 --> 01:01:32.920
Thank you for your time.

01:01:47.559 --> 01:01:49.559
Thank you.

01:02:17.559 --> 01:02:19.559
Thank you.