1 00:00:00,000 --> 00:00:08,199 Good morning, I'm Caroline Booth. 2 00:00:08,199 --> 00:00:10,750 I'm the Director of Economic Development here with the City 3 00:00:10,750 --> 00:00:12,800 of Denton and we do have a quorum 4 00:00:12,800 --> 00:00:16,039 for this meeting of the Economic Development Partnership 5 00:00:16,039 --> 00:00:17,879 Board and I will call the meeting 6 00:00:17,879 --> 00:00:22,280 to order at 1104 AM. 7 00:00:22,280 --> 00:00:25,769 Our first order of business today is going to be to ask our 8 00:00:25,769 --> 00:00:27,519 board members to nominate 9 00:00:27,519 --> 00:00:31,649 a temporary chairperson for today because our chair and 10 00:00:31,649 --> 00:00:33,939 vice chair are both absent. 11 00:00:33,939 --> 00:00:38,909 So I will open the floor for suggestions of a temporary 12 00:00:38,909 --> 00:00:39,799 chair. 13 00:00:39,799 --> 00:00:40,799 Ms. Carol Ann Simmons. 14 00:00:40,799 --> 00:00:45,450 I would nominate Jill Jester to be our temporary chair 15 00:00:45,450 --> 00:00:46,320 today. 16 00:00:46,320 --> 00:00:47,320 I will second that. 17 00:00:47,320 --> 00:00:52,850 Okay, second from Councilwoman Briggs and I will call for a 18 00:00:52,850 --> 00:00:53,719 vote. 19 00:00:53,719 --> 00:00:57,609 All those in favor, please signify by raising your right 20 00:00:57,609 --> 00:00:58,240 hand. 21 00:00:58,240 --> 00:01:01,399 Okay, looks like that carries. 22 00:01:01,399 --> 00:01:06,719 So I think I'm going to scooch out of the chair chair and 23 00:01:06,719 --> 00:01:08,599 let Jill Jester come and take 24 00:01:08,599 --> 00:01:09,599 this spot. 25 00:01:09,599 --> 00:01:14,599 I have to go up to the podium anyway. 26 00:01:14,599 --> 00:01:17,599 I've been preparing for this day obviously for a long time. 27 00:01:17,599 --> 00:01:21,510 I do have a song just in case this ever happens that I've 28 00:01:21,510 --> 00:01:22,599 prepared. 29 00:01:22,599 --> 00:01:28,060 I am going to need some backup so I have called on UNT's 1 30 00:01:28,060 --> 00:01:30,159 o'clock lab band. 31 00:01:30,159 --> 00:01:31,159 They should be here. 32 00:01:31,159 --> 00:01:32,159 They didn't know. 33 00:01:32,159 --> 00:01:33,159 They're marching here. 34 00:01:33,159 --> 00:01:34,159 That was my request. 35 00:01:34,159 --> 00:01:38,459 Health is so important and I thought for them to move a 36 00:01:38,459 --> 00:01:40,920 little more might be good. 37 00:01:40,920 --> 00:01:43,890 Thank you very much and we will begin going down the 38 00:01:43,890 --> 00:01:46,640 meeting agenda of the Economic Development 39 00:01:46,640 --> 00:01:47,640 Partnership Board. 40 00:01:47,640 --> 00:01:49,680 Today is Wednesday, June 13, 2018. 41 00:01:49,680 --> 00:01:53,920 We will begin with our items for consideration. 42 00:01:53,920 --> 00:01:56,980 Approval of the minutes of our last meeting which were 43 00:01:56,980 --> 00:01:59,599 dispersed prior to today's meeting. 44 00:01:59,599 --> 00:02:03,500 If anyone has any comments, now would be the time to speak 45 00:02:03,500 --> 00:02:05,560 up and those were the minutes 46 00:02:05,560 --> 00:02:08,960 of the May 9, 2018 meeting. 47 00:02:08,960 --> 00:02:10,960 If not, I'll accept. 48 00:02:10,960 --> 00:02:12,240 Yes, ma'am. 49 00:02:12,240 --> 00:02:13,240 Thank you. 50 00:02:13,240 --> 00:02:14,240 Carolyn. 51 00:02:14,240 --> 00:02:17,750 I just want to make sure that everybody remembers that we 52 00:02:17,750 --> 00:02:19,960 are going to be actually recording 53 00:02:19,960 --> 00:02:23,439 not just the numbers when we take votes now but we will be 54 00:02:23,439 --> 00:02:25,439 recording the way each member 55 00:02:25,439 --> 00:02:26,960 votes. 56 00:02:26,960 --> 00:02:30,210 This has become standard procedure for council meetings and 57 00:02:30,210 --> 00:02:32,319 other boards and commission meetings 58 00:02:32,319 --> 00:02:36,650 so that's just a change to make you all aware of and if we 59 00:02:36,650 --> 00:02:39,439 have any discussion or questions 60 00:02:39,439 --> 00:02:42,729 about it, we're glad to entertain that but just so everyone 61 00:02:42,729 --> 00:02:44,159 knows going forward. 62 00:02:44,159 --> 00:02:47,680 Thank you for that clarification, Mrs. Booth. 63 00:02:47,680 --> 00:02:51,379 So at this time, is there a motion concerning approval of 64 00:02:51,379 --> 00:02:54,759 the minutes of May 9, 2018 meeting? 65 00:02:54,759 --> 00:02:55,759 So moved. 66 00:02:55,759 --> 00:02:56,759 All right. 67 00:02:56,759 --> 00:02:58,759 You're taking all this down. 68 00:02:58,759 --> 00:02:59,759 Okay. 69 00:02:59,759 --> 00:03:01,719 I think we have Mr. Eames down. 70 00:03:01,719 --> 00:03:02,719 Is that right? 71 00:03:02,719 --> 00:03:04,360 And then a second. 72 00:03:04,360 --> 00:03:06,560 We have a second over here. 73 00:03:06,560 --> 00:03:08,919 All those in favor, please signify by saying aye. 74 00:03:08,919 --> 00:03:10,080 Aye. 75 00:03:10,080 --> 00:03:12,599 I guess we need a raise of hands for okay. 76 00:03:12,599 --> 00:03:13,599 I think we're good. 77 00:03:13,599 --> 00:03:17,680 All those opposed, same sign and the motion carries. 78 00:03:17,680 --> 00:03:20,900 Moving on to items for consideration B, receive a report, 79 00:03:20,900 --> 00:03:22,719 hold a discussion and give staff 80 00:03:22,719 --> 00:03:27,129 direction regarding the fiscal year 2018-19 budgets for the 81 00:03:27,129 --> 00:03:28,840 City of Denton's Department 82 00:03:28,840 --> 00:03:31,840 of Economic Development and the Denton Chamber of Commerce 83 00:03:31,840 --> 00:03:33,800 's Office of Economic Development. 84 00:03:33,800 --> 00:03:37,979 I'm assuming since our director of the city's economic 85 00:03:37,979 --> 00:03:40,639 development group is here that we 86 00:03:40,639 --> 00:03:42,719 will begin with you. 87 00:03:42,719 --> 00:03:43,719 Thank you very much. 88 00:03:43,719 --> 00:03:46,439 I appreciate the introduction. 89 00:03:46,439 --> 00:03:48,870 And as I just so recently said, I am Caroline Booth, 90 00:03:48,870 --> 00:03:50,800 director of economic development with 91 00:03:50,800 --> 00:03:52,439 the City of Denton. 92 00:03:52,439 --> 00:03:55,689 And I will be walking you through our departmental budget 93 00:03:55,689 --> 00:03:56,800 presentation. 94 00:03:56,800 --> 00:03:59,039 The slides are included in your backup. 95 00:03:59,039 --> 00:04:02,280 So please feel free to follow along there if you would like 96 00:04:02,280 --> 00:04:02,599 . 97 00:04:02,599 --> 00:04:06,360 We are going to get started by talking about the exciting 98 00:04:06,360 --> 00:04:08,360 year that we have already had 99 00:04:08,360 --> 00:04:13,310 in fiscal year 17-18 with some of the accomplishments that 100 00:04:13,310 --> 00:04:15,400 we have achieved to date. 101 00:04:15,400 --> 00:04:18,089 The first one that I want to mention is that we did 102 00:04:18,089 --> 00:04:20,480 transition the management of the Stoke 103 00:04:20,480 --> 00:04:23,870 Denton Entrepreneur Center to a company called Hickory and 104 00:04:23,870 --> 00:04:25,920 Rail Ventures, which is a Denton 105 00:04:25,920 --> 00:04:29,699 owned company that has deep ties to Denton's tech community 106 00:04:29,699 --> 00:04:30,000 . 107 00:04:30,000 --> 00:04:33,759 We are going to be providing a mid-year update regarding 108 00:04:33,759 --> 00:04:35,879 the performance of Stoke to the 109 00:04:35,879 --> 00:04:39,120 council I believe on Friday of this week. 110 00:04:39,120 --> 00:04:41,579 And we can also make that available to this group if you 111 00:04:41,579 --> 00:04:42,959 all are interested in seeing 112 00:04:42,959 --> 00:04:44,439 that. 113 00:04:44,439 --> 00:04:48,550 Again, this group is going to be familiar with these couple 114 00:04:48,550 --> 00:04:50,319 of projects, but we did 115 00:04:50,319 --> 00:04:55,040 locate US Cold Storage and expand Fisher 59 here in Denton. 116 00:04:55,040 --> 00:04:57,730 And both of these are great examples of the collaboration 117 00:04:57,730 --> 00:04:59,199 between the Denton Chamber of 118 00:04:59,199 --> 00:05:02,680 Commerce and the City of Denton through the economic 119 00:05:02,680 --> 00:05:05,439 development partnership, especially 120 00:05:05,439 --> 00:05:08,870 with US Cold Storage project that worked exactly like it's 121 00:05:08,870 --> 00:05:09,800 supposed to. 122 00:05:09,800 --> 00:05:14,160 The contact came through us via Adam and Karen's work at 123 00:05:14,160 --> 00:05:16,959 the Chamber and then was carried through 124 00:05:16,959 --> 00:05:20,279 the process by city staff with collaboration throughout. 125 00:05:20,279 --> 00:05:23,040 So that's a very positive project. 126 00:05:23,040 --> 00:05:25,310 And I think it's important to point out that together these 127 00:05:25,310 --> 00:05:26,600 two projects are going to add 128 00:05:26,600 --> 00:05:31,360 about $40 million in new value for the City of Denton. 129 00:05:31,360 --> 00:05:34,790 So that's a very significant accomplishment that we can be 130 00:05:34,790 --> 00:05:36,279 proud of that we worked on 131 00:05:36,279 --> 00:05:37,279 together. 132 00:05:37,279 --> 00:05:41,269 We've also increased the year-over-year participation in 133 00:05:41,269 --> 00:05:43,439 our small business programs, including 134 00:05:43,439 --> 00:05:46,660 the Shop Here On Purpose Denton program. 135 00:05:46,660 --> 00:05:49,889 We have launched a couple of new outreach efforts this year 136 00:05:49,889 --> 00:05:51,959 , including Denton Development, 137 00:05:51,959 --> 00:05:55,490 which is our video series that the economic development 138 00:05:55,490 --> 00:05:57,819 department works on with our public 139 00:05:57,819 --> 00:06:01,550 communications office, and those air on DTV and are also 140 00:06:01,550 --> 00:06:04,120 available on our YouTube channel. 141 00:06:04,120 --> 00:06:07,600 And I write a monthly column for the Denton Business Chron 142 00:06:07,600 --> 00:06:09,720 icle, and we've done about 10 143 00:06:09,720 --> 00:06:10,839 of those this year. 144 00:06:10,839 --> 00:06:14,649 So those are fun efforts for us to work on because it's 145 00:06:14,649 --> 00:06:17,319 very important as economic developers 146 00:06:17,319 --> 00:06:20,639 that we are educating our community about what it is that 147 00:06:20,639 --> 00:06:22,120 we do and the role that we 148 00:06:22,120 --> 00:06:25,399 play here in Denton. 149 00:06:25,399 --> 00:06:28,220 We also have implemented new performance measures for the 150 00:06:28,220 --> 00:06:29,040 department. 151 00:06:29,040 --> 00:06:32,310 I'm so sorry to interrupt you, but we're going to have a 152 00:06:32,310 --> 00:06:34,600 question or comment from Councilwoman 153 00:06:34,600 --> 00:06:36,160 Briggs at this time. 154 00:06:36,160 --> 00:06:39,990 So on the articles for the Denton Business Chronicle, is on 155 00:06:39,990 --> 00:06:41,759 the economic development 156 00:06:41,759 --> 00:06:44,480 website under the city, is there a link to those? 157 00:06:44,480 --> 00:06:46,560 We don't have a link up there. 158 00:06:46,560 --> 00:06:47,879 That's a good suggestion. 159 00:06:47,879 --> 00:06:51,310 So I think Christina Davis is watching somewhere out there 160 00:06:51,310 --> 00:06:53,160 in CVLands, and I can ask her to 161 00:06:53,160 --> 00:06:55,519 help us out with getting those linked. 162 00:06:55,519 --> 00:06:58,540 It would be nice to have those archived somewhere so people 163 00:06:58,540 --> 00:07:00,399 could just go back and read them. 164 00:07:00,399 --> 00:07:01,399 Okay. 165 00:07:01,399 --> 00:07:02,399 Thank you very much for the suggestion. 166 00:07:02,399 --> 00:07:04,540 And while we're stopped, I just want to say that I really 167 00:07:04,540 --> 00:07:05,600 enjoy those, and I think it 168 00:07:05,600 --> 00:07:09,360 is very important to educate the public as to why we do the 169 00:07:09,360 --> 00:07:11,120 things that we do and tell 170 00:07:11,120 --> 00:07:12,360 the whole story. 171 00:07:12,360 --> 00:07:16,019 So I think they've been helpful for me personally, so I can 172 00:07:16,019 --> 00:07:18,199 't think they've been helpful for 173 00:07:18,199 --> 00:07:19,199 lots of others too. 174 00:07:19,199 --> 00:07:20,899 I appreciate that. 175 00:07:20,899 --> 00:07:23,370 So just wrapping up with the accomplishments, we did 176 00:07:23,370 --> 00:07:25,519 implement several new performance measures 177 00:07:25,519 --> 00:07:29,040 for the department this year for a total of 17 total 178 00:07:29,040 --> 00:07:30,819 performance measures. 179 00:07:30,819 --> 00:07:33,509 Some of the ones that we added for the first time this year 180 00:07:33,509 --> 00:07:35,160 include tracking the business 181 00:07:35,160 --> 00:07:38,879 assistance that we provide, and that is a separate and 182 00:07:38,879 --> 00:07:41,480 apart category from our recruitment 183 00:07:41,480 --> 00:07:42,680 or our business retention. 184 00:07:42,680 --> 00:07:46,110 But these are when we're contacted, we have walk-ins, we 185 00:07:46,110 --> 00:07:48,040 have folks who email us, we have 186 00:07:48,040 --> 00:07:51,509 we field phone calls, and I'll show you the numbers on that 187 00:07:51,509 --> 00:07:51,800 . 188 00:07:51,800 --> 00:07:55,430 But that's been a great thing for us to purposefully track 189 00:07:55,430 --> 00:07:58,160 to just see how much time we're investing 190 00:07:58,160 --> 00:08:01,680 in providing those kinds of services to our community. 191 00:08:01,680 --> 00:08:04,360 We've also added tracking of the number of workforce 192 00:08:04,360 --> 00:08:06,279 development activities that we're 193 00:08:06,279 --> 00:08:09,360 engaged in, as well as the number of business retention 194 00:08:09,360 --> 00:08:11,279 visits both inside and outside of 195 00:08:11,279 --> 00:08:14,279 downtown. 196 00:08:14,279 --> 00:08:17,279 And here are some of the numbers that are attached to those 197 00:08:17,279 --> 00:08:18,720 particular metrics, and 198 00:08:18,720 --> 00:08:21,680 this is not obviously all 17, but these are some that I 199 00:08:21,680 --> 00:08:23,680 would like to highlight for y'all. 200 00:08:23,680 --> 00:08:27,829 We do have a target of RFPs returned in our target industry 201 00:08:27,829 --> 00:08:29,839 sectors that we respond to 202 00:08:29,839 --> 00:08:33,360 from the state leads and the Dallas Regional Chamber leads. 203 00:08:33,360 --> 00:08:36,909 The target there is 20, and in the first two quarters of 204 00:08:36,909 --> 00:08:38,840 the year, we have responded to 205 00:08:38,840 --> 00:08:42,250 7, and those are, again, specifically in our target 206 00:08:42,250 --> 00:08:43,600 industry sectors. 207 00:08:43,600 --> 00:08:46,840 We do work direct leads as well, as we have discussed 208 00:08:46,840 --> 00:08:48,539 before with this group. 209 00:08:48,539 --> 00:08:52,009 We have got 16 of those in the first two quarters that we 210 00:08:52,009 --> 00:08:54,320 have worked, and we've actually, from 211 00:08:54,320 --> 00:08:57,899 those direct leads, we have actually scheduled and 212 00:08:57,899 --> 00:09:00,080 completed four site visits. 213 00:09:00,080 --> 00:09:04,600 So that's a great number to be able to share with you all. 214 00:09:04,600 --> 00:09:07,690 As far as the workforce development activities, you can see 215 00:09:07,690 --> 00:09:09,600 that our target is 12, and that 216 00:09:09,600 --> 00:09:13,519 in the first two quarters, we have actually engaged in 31 217 00:09:13,519 --> 00:09:15,559 of those activities, which is 218 00:09:15,559 --> 00:09:17,919 a lot more than we were even shooting for. 219 00:09:17,919 --> 00:09:20,879 But what we realized is that every single one of our 220 00:09:20,879 --> 00:09:22,879 business retention visits that 221 00:09:22,879 --> 00:09:27,639 we go on, workforce development needs to be a component of 222 00:09:27,639 --> 00:09:30,000 those visits, and so we are 223 00:09:30,000 --> 00:09:33,730 talking to or bringing our workforce development partners 224 00:09:33,730 --> 00:09:35,919 with us on those visits, and that's 225 00:09:35,919 --> 00:09:41,320 how we've been able to achieve that high of a number. 226 00:09:41,320 --> 00:09:43,899 Just to update you guys on some of the grants that are 227 00:09:43,899 --> 00:09:45,679 actually in place or that have been 228 00:09:45,679 --> 00:09:50,240 applied for as part of those efforts, Jostens has received 229 00:09:50,240 --> 00:09:53,919 a $600,000 workforce training 230 00:09:53,919 --> 00:09:54,919 grant. 231 00:09:54,919 --> 00:10:00,200 Peterbilt has received a $500,000 training grant. 232 00:10:00,200 --> 00:10:02,789 Applications have been submitted by some of our smaller 233 00:10:02,789 --> 00:10:03,840 businesses, too. 234 00:10:03,840 --> 00:10:07,190 It's a little bit of a different program than the larger 235 00:10:07,190 --> 00:10:09,240 businesses are eligible for, but 236 00:10:09,240 --> 00:10:12,100 Tommy's High Tech Auto, Sleeping Lizards, and Basals Off 237 00:10:12,100 --> 00:10:13,639 the Square have all applied for 238 00:10:13,639 --> 00:10:17,029 those workforce development grants for smaller companies, 239 00:10:17,029 --> 00:10:18,720 and those three are directly a 240 00:10:18,720 --> 00:10:23,220 result of business retention visits during which that topic 241 00:10:23,220 --> 00:10:24,519 is discussed. 242 00:10:24,519 --> 00:10:27,399 So we're very, very pleased to be able to connect people 243 00:10:27,399 --> 00:10:29,039 with those resources on those 244 00:10:29,039 --> 00:10:30,879 visits. 245 00:10:30,879 --> 00:10:34,879 Downtown redevelopment, we are shooting for six. 246 00:10:34,879 --> 00:10:39,639 We've already got six that have been done in the first and 247 00:10:39,639 --> 00:10:42,399 second quarter to date, and 248 00:10:42,399 --> 00:10:45,360 you can see that we're working on our BRE visits. 249 00:10:45,360 --> 00:10:48,299 We've had a number of those in the third quarter, but we're 250 00:10:48,299 --> 00:10:50,039 not completed with that quarter 251 00:10:50,039 --> 00:10:53,610 yet, so we'll have to hold off on that for an end-of-the- 252 00:10:53,610 --> 00:10:54,799 year report. 253 00:10:54,799 --> 00:10:57,470 But we're getting to the business assistance provided 254 00:10:57,470 --> 00:10:59,279 number there, and you can see that 255 00:10:59,279 --> 00:11:03,659 we're logging that in at 239 instances of business 256 00:11:03,659 --> 00:11:06,399 assistance provided to date, and 257 00:11:06,399 --> 00:11:10,860 that's everybody on my staff who is fielding those calls, 258 00:11:10,860 --> 00:11:13,759 walk-ins, answering emails, and 259 00:11:13,759 --> 00:11:18,039 again, I think this is a great service that we're providing 260 00:11:18,039 --> 00:11:19,600 to our community. 261 00:11:19,600 --> 00:11:22,629 We've also seen a significant increase in participation in 262 00:11:22,629 --> 00:11:24,080 small business programs, 263 00:11:24,080 --> 00:11:28,490 almost a 30% increase over what we saw in fiscal year '16 264 00:11:28,490 --> 00:11:29,639 and '17. 265 00:11:29,639 --> 00:11:32,970 That's primarily due to increased recruitment for 266 00:11:32,970 --> 00:11:35,679 participation in Shop Small Saturday, 267 00:11:35,679 --> 00:11:38,879 and we were just very pleased with the increased 268 00:11:38,879 --> 00:11:41,919 participation there in that program, and we'll 269 00:11:41,919 --> 00:11:45,559 be shooting to do the same thing again this November on 270 00:11:45,559 --> 00:11:47,279 Shop Small Saturday. 271 00:11:47,279 --> 00:11:49,279 Does anybody have questions? 272 00:11:49,279 --> 00:11:51,519 Oh, sorry. 273 00:11:51,519 --> 00:11:53,519 The chair recognizes Mr. Fikes. 274 00:11:53,519 --> 00:11:56,809 In the participation of small businesses, the percentage of 275 00:11:56,809 --> 00:11:58,240 increase, how many of those 276 00:11:58,240 --> 00:12:02,529 are new businesses and how many of them were existing prior 277 00:12:02,529 --> 00:12:03,039 to? 278 00:12:03,039 --> 00:12:06,159 You mean brand new businesses in the community? 279 00:12:06,159 --> 00:12:08,200 I would say it's a pretty small number. 280 00:12:08,200 --> 00:12:11,669 I don't have that right at hand, but it's primarily we 281 00:12:11,669 --> 00:12:14,080 increased our outreach to existing 282 00:12:14,080 --> 00:12:16,879 businesses all around the community. 283 00:12:16,879 --> 00:12:19,700 I think in the past, more of the focus for Shop Small 284 00:12:19,700 --> 00:12:21,879 Saturday has been on small businesses 285 00:12:21,879 --> 00:12:26,059 or Shop Small Saturday has been in the downtown area, and 286 00:12:26,059 --> 00:12:28,720 so we purposefully went out to some 287 00:12:28,720 --> 00:12:31,669 of our other retail centers and wanted to seek 288 00:12:31,669 --> 00:12:33,399 participation there. 289 00:12:33,399 --> 00:12:36,889 We even had folks who are small businesses located inside 290 00:12:36,889 --> 00:12:39,200 Golden Triangle Mall participating 291 00:12:39,200 --> 00:12:40,519 this year. 292 00:12:40,519 --> 00:12:44,029 So I think it's, to answer your question without having the 293 00:12:44,029 --> 00:12:46,559 exact numbers, it's really more 294 00:12:46,559 --> 00:12:52,879 of an outreach to existing businesses and other parts of 295 00:12:52,879 --> 00:12:54,840 the community. 296 00:12:54,840 --> 00:12:55,840 Councilman Briggs? 297 00:12:55,840 --> 00:13:00,840 On the small business programs, does it also include the 298 00:13:00,840 --> 00:13:04,080 participation in the small business 299 00:13:04,080 --> 00:13:08,039 group development at the library? 300 00:13:08,039 --> 00:13:10,820 We don't count that in our numbers because that's a program 301 00:13:10,820 --> 00:13:11,759 at the library. 302 00:13:11,759 --> 00:13:15,279 We do collaborate with the library on their business 303 00:13:15,279 --> 00:13:16,200 programs. 304 00:13:16,200 --> 00:13:20,340 We refer back and forth and try to do cross promotion, but 305 00:13:20,340 --> 00:13:22,600 we're not counting what they're 306 00:13:22,600 --> 00:13:28,840 doing in those numbers. 307 00:13:28,840 --> 00:13:32,700 So we do have, of course, goals that we have set for this 308 00:13:32,700 --> 00:13:34,600 upcoming fiscal year. 309 00:13:34,600 --> 00:13:37,110 One of those is to complete the revision of the public 310 00:13:37,110 --> 00:13:39,159 improvement district guidelines, 311 00:13:39,159 --> 00:13:42,870 which this group did recommend to council at your meeting 312 00:13:42,870 --> 00:13:44,639 last month, and we plan to 313 00:13:44,639 --> 00:13:48,990 be bringing that to the city council on June 19th for a 314 00:13:48,990 --> 00:13:50,360 work session. 315 00:13:50,360 --> 00:13:53,679 And then our hope is to bring it forward for a vote shortly 316 00:13:53,679 --> 00:13:55,440 after that so we can complete 317 00:13:55,440 --> 00:13:57,679 that process. 318 00:13:57,679 --> 00:14:00,450 We're also going to be working on leveraging Denton's 319 00:14:00,450 --> 00:14:02,820 designation as a music-friendly community 320 00:14:02,820 --> 00:14:07,440 and a film-friendly community to just kind of see how we 321 00:14:07,440 --> 00:14:09,960 can grow and emphasize those 322 00:14:09,960 --> 00:14:14,480 particular aspects of arts and culture in Denton. 323 00:14:14,480 --> 00:14:17,649 We are working very diligently on streamlining the 324 00:14:17,649 --> 00:14:20,399 operations of the Public Art Committee. 325 00:14:20,399 --> 00:14:26,840 This committee came under our direction in February of this 326 00:14:26,840 --> 00:14:30,440 year, and they have significant 327 00:14:30,440 --> 00:14:35,149 authority over both funds that come to public art through 328 00:14:35,149 --> 00:14:38,080 the hotel occupancy tax program, 329 00:14:38,080 --> 00:14:42,799 as well as through bond programs from 2012 and 2014. 330 00:14:42,799 --> 00:14:45,429 So it is a recommending body, but they do have a 331 00:14:45,429 --> 00:14:47,960 significant responsibility in how those 332 00:14:47,960 --> 00:14:50,559 funds get spent in the community. 333 00:14:50,559 --> 00:14:54,299 So we are working hard with them and working projects 334 00:14:54,299 --> 00:14:57,120 through the city's purchasing process 335 00:14:57,120 --> 00:15:01,279 to make sure we see those public art projects come to 336 00:15:01,279 --> 00:15:02,399 fruition. 337 00:15:02,399 --> 00:15:05,720 We are also working on the Texas Commission on the Arts 338 00:15:05,720 --> 00:15:07,720 Cultural District program. 339 00:15:07,720 --> 00:15:10,370 We have an informal advisory committee that's been formed, 340 00:15:10,370 --> 00:15:11,720 and in fact, they're having 341 00:15:11,720 --> 00:15:13,960 their second meeting this evening. 342 00:15:13,960 --> 00:15:17,429 And what that program will do is open up a new avenue for 343 00:15:17,429 --> 00:15:19,559 promotion and for grant funding 344 00:15:19,559 --> 00:15:22,620 for arts within the cultural district, should that be 345 00:15:22,620 --> 00:15:24,840 something that we end up moving forward 346 00:15:24,840 --> 00:15:26,580 with as a city. 347 00:15:26,580 --> 00:15:29,129 And then of course, we're going to continue implementing 348 00:15:29,129 --> 00:15:30,879 and expanding our business retention 349 00:15:30,879 --> 00:15:37,590 and expansion program, which has just been so ... It's been 350 00:15:37,590 --> 00:15:40,480 so great to build up existing 351 00:15:40,480 --> 00:15:43,500 relationships, establish new relationships, help businesses 352 00:15:43,500 --> 00:15:44,919 feel like the city is invested 353 00:15:44,919 --> 00:15:46,100 in their success. 354 00:15:46,100 --> 00:15:49,759 So we're definitely going to keep moving forward with that. 355 00:15:49,759 --> 00:15:50,759 Yes. 356 00:15:50,759 --> 00:15:51,759 I'm sorry. 357 00:15:51,759 --> 00:15:54,879 We've got two questions or comments. 358 00:15:54,879 --> 00:15:56,679 We'll start with Councilwoman Briggs. 359 00:15:56,679 --> 00:16:00,019 So I guess it may be something I need to request later if 360 00:16:00,019 --> 00:16:02,240 you don't have it, but I'm curious 361 00:16:02,240 --> 00:16:04,690 about the Public Art Committee, because I think it's a 362 00:16:04,690 --> 00:16:05,360 great fit. 363 00:16:05,360 --> 00:16:11,190 But if someone says, "Well, public art isn't an economic 364 00:16:11,190 --> 00:16:14,320 development part of the city," 365 00:16:14,320 --> 00:16:17,200 what would you say to them, or how can you correlate the 366 00:16:17,200 --> 00:16:17,960 two for us? 367 00:16:17,960 --> 00:16:21,429 That may be something you follow up with us on, but that 368 00:16:21,429 --> 00:16:23,480 was kind of a conversation that 369 00:16:23,480 --> 00:16:24,759 was had recently. 370 00:16:24,759 --> 00:16:27,840 So if you could weigh in on that. 371 00:16:27,840 --> 00:16:34,279 Denton is an arts community by its identity and by its 372 00:16:34,279 --> 00:16:35,799 economy. 373 00:16:35,799 --> 00:16:40,769 We have a huge asset in Denton as far as UNT's College of 374 00:16:40,769 --> 00:16:44,639 Music, but there are so many businesses 375 00:16:44,639 --> 00:16:48,960 that support our arts and music scene here in Denton. 376 00:16:48,960 --> 00:16:51,980 And it's not just the performance venues, but it's music 377 00:16:51,980 --> 00:16:54,000 stores, it's recording studios, 378 00:16:54,000 --> 00:16:57,360 it's artists who are making and selling visual artwork in 379 00:16:57,360 --> 00:16:58,480 the community. 380 00:16:58,480 --> 00:17:02,639 So something that I would like to do is actually work on 381 00:17:02,639 --> 00:17:06,220 building a business case for commissioning 382 00:17:06,220 --> 00:17:10,240 a study of both our nonprofit and for-profit arts and 383 00:17:10,240 --> 00:17:12,880 culture industry, so that we can 384 00:17:12,880 --> 00:17:16,730 actually back up what we sort of all know anecdotally to be 385 00:17:16,730 --> 00:17:18,680 true with some hard numbers 386 00:17:18,680 --> 00:17:22,049 about the significance of arts and culture to our local 387 00:17:22,049 --> 00:17:22,839 economy. 388 00:17:22,839 --> 00:17:26,640 So I think there absolutely is a tie. 389 00:17:26,640 --> 00:17:31,470 And in fact, our office is already shepherding the music- 390 00:17:31,470 --> 00:17:34,400 friendly community program, the 391 00:17:34,400 --> 00:17:36,559 film-friendly community program. 392 00:17:36,559 --> 00:17:41,549 And so I think adding in the visual and performing arts 393 00:17:41,549 --> 00:17:44,160 locally is a natural tie. 394 00:17:44,160 --> 00:17:47,460 So we've also looked into some other departments or some 395 00:17:47,460 --> 00:17:49,980 other economic development departments 396 00:17:49,980 --> 00:17:54,559 in other cities that are similar to Denton. 397 00:17:54,559 --> 00:17:58,480 And a number of those departments of economic development 398 00:17:58,480 --> 00:18:00,680 do have direct involvement with 399 00:18:00,680 --> 00:18:01,859 arts and culture. 400 00:18:01,859 --> 00:18:04,859 So I think there's a precedent here with things we're 401 00:18:04,859 --> 00:18:07,200 already doing, and there are precedents 402 00:18:07,200 --> 00:18:10,079 in other similar communities. 403 00:18:10,079 --> 00:18:11,079 There's a follow-up? 404 00:18:11,079 --> 00:18:17,480 And would that request for a study come from this board? 405 00:18:17,480 --> 00:18:19,759 I'm not sure of the answer to that. 406 00:18:19,759 --> 00:18:23,359 I mean, I think perhaps it could, but I don't think it 407 00:18:23,359 --> 00:18:24,920 necessarily has to. 408 00:18:24,920 --> 00:18:28,269 I haven't-- this is just something I started kicking around 409 00:18:28,269 --> 00:18:30,200 in my mind a couple weeks ago, 410 00:18:30,200 --> 00:18:31,759 so it's not really fully formed. 411 00:18:31,759 --> 00:18:33,759 OK, thank you. 412 00:18:33,759 --> 00:18:35,960 Mr. Fikes, did you have a question or comment? 413 00:18:35,960 --> 00:18:36,960 Yes. 414 00:18:36,960 --> 00:18:41,099 Of the goals that you have up there, what percentage of 415 00:18:41,099 --> 00:18:43,759 time and resources will be devoted 416 00:18:43,759 --> 00:18:48,799 to all of those individually? 417 00:18:48,799 --> 00:18:51,640 I don't have an answer to that. 418 00:18:51,640 --> 00:18:54,470 I'm going to show you a slide later on that kind of breaks 419 00:18:54,470 --> 00:18:56,119 down my department's area of 420 00:18:56,119 --> 00:18:59,559 work into six different areas. 421 00:18:59,559 --> 00:19:05,680 And we really strive to balance those different areas. 422 00:19:05,680 --> 00:19:08,559 And some of them will take priority at different times and 423 00:19:08,559 --> 00:19:10,200 consume a little bit more of our 424 00:19:10,200 --> 00:19:11,279 time. 425 00:19:11,279 --> 00:19:15,930 But because we do have a broad range of responsibilities, 426 00:19:15,930 --> 00:19:18,759 we have to consistently evaluate how we're 427 00:19:18,759 --> 00:19:22,819 spending our time within our department to cover all the 428 00:19:22,819 --> 00:19:25,400 responsibilities that we have. 429 00:19:25,400 --> 00:19:29,759 So I have a breakdown internally for my management purposes 430 00:19:29,759 --> 00:19:32,559 of my staff about how people allocate 431 00:19:32,559 --> 00:19:33,559 their time. 432 00:19:33,559 --> 00:19:37,410 But I haven't allocated the time that we're going to spend 433 00:19:37,410 --> 00:19:39,359 on goals in that same way. 434 00:19:39,359 --> 00:19:46,450 My concern is that we water down one of the big things that 435 00:19:46,450 --> 00:19:50,079 we should be looking at, and 436 00:19:50,079 --> 00:19:52,079 that's the business retention and expansion. 437 00:19:52,079 --> 00:19:55,549 I think that should be number one in the goals and 438 00:19:55,549 --> 00:19:58,599 objectives of the economic development 439 00:19:58,599 --> 00:19:59,599 group. 440 00:19:59,599 --> 00:20:04,559 And I'm afraid that while these other things fit, do they 441 00:20:04,559 --> 00:20:07,359 have the same level of economic 442 00:20:07,359 --> 00:20:12,440 impact as the expansion and retention of businesses? 443 00:20:12,440 --> 00:20:14,519 Okay, I appreciate the comments. 444 00:20:14,519 --> 00:20:19,480 And these are not intended to be sort of priority listing. 445 00:20:19,480 --> 00:20:22,880 That just happened to be where retention and expansion fell 446 00:20:22,880 --> 00:20:23,799 on the list. 447 00:20:23,799 --> 00:20:25,599 But I appreciate the comments. 448 00:20:25,599 --> 00:20:29,859 And as I said, we do strive to appropriately balance and 449 00:20:29,859 --> 00:20:31,559 allocate our time. 450 00:20:31,559 --> 00:20:35,029 And my personal opinion is that none of our activities 451 00:20:35,029 --> 00:20:37,119 related to arts and culture are 452 00:20:37,119 --> 00:20:41,509 in any way detracting from our efforts in business 453 00:20:41,509 --> 00:20:44,119 retention and expansion. 454 00:20:44,119 --> 00:20:47,359 I think Mr. Michael, did you have a question or comment? 455 00:20:47,359 --> 00:20:50,329 I know that we have economic development and research 456 00:20:50,329 --> 00:20:52,680 capabilities at the university related 457 00:20:52,680 --> 00:20:57,460 to arts, both college of visual arts as well as music. 458 00:20:57,460 --> 00:21:00,730 So if you're looking for people for helping with that study 459 00:21:00,730 --> 00:21:02,599 , we would certainly be willing 460 00:21:02,599 --> 00:21:04,839 to entertain how we can work together to help them. 461 00:21:04,839 --> 00:21:05,839 Great. 462 00:21:05,839 --> 00:21:06,839 Thank you. 463 00:21:06,839 --> 00:21:07,839 Steve Edgar? 464 00:21:07,839 --> 00:21:12,500 On the bullet around the public art committee, streamline 465 00:21:12,500 --> 00:21:15,319 operations, that sounds to me like 466 00:21:15,319 --> 00:21:18,720 an expense management or expense reduction. 467 00:21:18,720 --> 00:21:22,779 So is that trying to identify what other departments within 468 00:21:22,779 --> 00:21:25,079 the city can perhaps take on or realize 469 00:21:25,079 --> 00:21:26,079 some economies? 470 00:21:26,079 --> 00:21:28,869 No, it's streamlining really in terms of time, which 471 00:21:28,869 --> 00:21:30,599 ultimately equates to money. 472 00:21:30,599 --> 00:21:33,839 That committee, unfortunately, records were not being kept. 473 00:21:33,839 --> 00:21:36,039 The meetings weren't being run efficiently. 474 00:21:36,039 --> 00:21:40,859 So we're correcting processes and making sure that we are 475 00:21:40,859 --> 00:21:43,680 being efficient with both staff 476 00:21:43,680 --> 00:21:49,640 and volunteer time in the running of that committee. 477 00:21:49,640 --> 00:21:55,289 So it really comes down to a time savings issue and making 478 00:21:55,289 --> 00:21:58,880 sure that we're doing appropriate 479 00:21:58,880 --> 00:22:02,589 record keeping and managing our interactions with the 480 00:22:02,589 --> 00:22:05,240 purchasing department in the process 481 00:22:05,240 --> 00:22:08,279 of procuring the art appropriately. 482 00:22:08,279 --> 00:22:10,279 So, okay. 483 00:22:10,279 --> 00:22:12,279 Anybody else? 484 00:22:12,279 --> 00:22:13,279 No. 485 00:22:13,279 --> 00:22:14,279 Okay. 486 00:22:14,279 --> 00:22:17,839 Thank you. 487 00:22:17,839 --> 00:22:21,910 So the budget emphasis is a new slide this year that the 488 00:22:21,910 --> 00:22:24,279 finance department has added 489 00:22:24,279 --> 00:22:25,279 to our presentation. 490 00:22:25,279 --> 00:22:29,279 But I think that it's a really important one to make sure 491 00:22:29,279 --> 00:22:31,839 that each department is thinking 492 00:22:31,839 --> 00:22:36,599 about why they do what they do and what motivates them to 493 00:22:36,599 --> 00:22:38,119 do their work. 494 00:22:38,119 --> 00:22:41,869 And our department promotes economic vitality and shared 495 00:22:41,869 --> 00:22:43,519 prosperity in Denton. 496 00:22:43,519 --> 00:22:47,609 And we do that primarily by working in these six areas that 497 00:22:47,609 --> 00:22:49,119 are shown up here. 498 00:22:49,119 --> 00:22:51,720 I'm not going to read through each of them. 499 00:22:51,720 --> 00:22:52,720 You can see the slide. 500 00:22:52,720 --> 00:22:54,279 You have it in your backup. 501 00:22:54,279 --> 00:22:58,420 But I did add a little bit of detail about what fits under 502 00:22:58,420 --> 00:23:00,640 each of these categories. 503 00:23:00,640 --> 00:23:04,950 So you can see that we are definitely balancing a lot of 504 00:23:04,950 --> 00:23:07,799 different types of activities. 505 00:23:07,799 --> 00:23:10,950 But they're all important for the overall economic health 506 00:23:10,950 --> 00:23:12,839 and vitality of the community. 507 00:23:12,839 --> 00:23:17,440 Does anybody have any questions about this one? 508 00:23:17,440 --> 00:23:19,240 Okay. 509 00:23:19,240 --> 00:23:22,279 FTEs. 510 00:23:22,279 --> 00:23:24,839 We have 5.75 FTEs. 511 00:23:24,839 --> 00:23:27,700 I think most people are familiar with the fact that Erica 512 00:23:27,700 --> 00:23:29,720 Sullivan, our economic development 513 00:23:29,720 --> 00:23:33,359 analyst, is a three quarter time employee. 514 00:23:33,359 --> 00:23:35,960 That increased to 6.75. 515 00:23:35,960 --> 00:23:40,119 That was shown in 1516 and 1617. 516 00:23:40,119 --> 00:23:43,740 That was a position that was authorized, but we never 517 00:23:43,740 --> 00:23:46,039 filled it because we didn't end up 518 00:23:46,039 --> 00:23:47,400 needing to. 519 00:23:47,400 --> 00:23:50,799 So even though the FTE showed up, we did not hire it. 520 00:23:50,799 --> 00:23:56,160 And we've readjusted it back to 5.75 for this current year 521 00:23:56,160 --> 00:23:58,660 and the year going forward. 522 00:23:58,660 --> 00:24:03,690 Our staffing is the same as it has been for the past few 523 00:24:03,690 --> 00:24:04,680 years. 524 00:24:04,680 --> 00:24:08,910 And I did include a little bit of detail about how we are 525 00:24:08,910 --> 00:24:11,559 in general allocating people's 526 00:24:11,559 --> 00:24:17,079 responsibilities within those six areas that we work in. 527 00:24:17,079 --> 00:24:20,809 And I want to take this opportunity to make sure that I 528 00:24:20,809 --> 00:24:22,480 recognize my staff. 529 00:24:22,480 --> 00:24:24,920 They're all phenomenal. 530 00:24:24,920 --> 00:24:27,599 Only a couple of them are in the room. 531 00:24:27,599 --> 00:24:29,920 But they work very hard. 532 00:24:29,920 --> 00:24:31,819 They're dedicated to what they're doing. 533 00:24:31,819 --> 00:24:33,970 That's part of why only a couple of them are in the room is 534 00:24:33,970 --> 00:24:35,440 because they're working on 535 00:24:35,440 --> 00:24:36,440 other things. 536 00:24:36,440 --> 00:24:41,559 And we have to be very efficient with our use of our time. 537 00:24:41,559 --> 00:24:45,480 And when folks in this group need support from each other, 538 00:24:45,480 --> 00:24:47,319 they are willing to ask. 539 00:24:47,319 --> 00:24:49,920 And everything we do is a great team effort. 540 00:24:49,920 --> 00:24:55,079 So I'm very proud of my staff. 541 00:24:55,079 --> 00:24:58,289 We also want to make sure that we're talking about our cost 542 00:24:58,289 --> 00:24:59,960 containment strategies. 543 00:24:59,960 --> 00:25:03,259 Because we already run very lean and we try to operate 544 00:25:03,259 --> 00:25:05,359 efficiently, some of these are 545 00:25:05,359 --> 00:25:08,960 going to be similar to the ones that you saw last year. 546 00:25:08,960 --> 00:25:12,819 These monthly meetings that we have between our Department 547 00:25:12,819 --> 00:25:15,200 of Economic Development, Finance 548 00:25:15,200 --> 00:25:17,559 and Legal have been incredibly beneficial. 549 00:25:17,559 --> 00:25:20,319 Again, a lot of it comes back to saving time and being 550 00:25:20,319 --> 00:25:22,400 efficient with the use of our time. 551 00:25:22,400 --> 00:25:25,799 So that communication is just invaluable. 552 00:25:25,799 --> 00:25:28,240 We've been doing those for a couple of years. 553 00:25:28,240 --> 00:25:32,579 And as of this month, we are actually adding engineering 554 00:25:32,579 --> 00:25:35,240 into that monthly meeting too, 555 00:25:35,240 --> 00:25:38,529 because of all of the large scale projects that we either 556 00:25:38,529 --> 00:25:40,160 have underway or see coming 557 00:25:40,160 --> 00:25:41,160 down the pike. 558 00:25:41,160 --> 00:25:44,200 So they're going to be joining us in the future. 559 00:25:44,200 --> 00:25:46,500 And then we're also, of course, doing cross training 560 00:25:46,500 --> 00:25:48,000 between economic development and 561 00:25:48,000 --> 00:25:49,079 finance staff. 562 00:25:49,079 --> 00:25:51,960 This is related to the administration of incentives. 563 00:25:51,960 --> 00:25:55,730 We want to make sure that we have backup and verification 564 00:25:55,730 --> 00:25:57,960 between departments on that. 565 00:25:57,960 --> 00:26:00,710 As you heard me mention, our staff backs each other up and 566 00:26:00,710 --> 00:26:02,000 supports each other. 567 00:26:02,000 --> 00:26:04,859 And that is a result of some intentional cross training 568 00:26:04,859 --> 00:26:07,000 that we've been working on and continue 569 00:26:07,000 --> 00:26:09,839 to do and will continue into the next year. 570 00:26:09,839 --> 00:26:12,339 And again, fully leveraging our existing staff by looking 571 00:26:12,339 --> 00:26:13,960 at people's workloads, how they're 572 00:26:13,960 --> 00:26:16,900 allocating their time and making sure that we have 573 00:26:16,900 --> 00:26:19,640 everything evenly distributed and appropriately 574 00:26:19,640 --> 00:26:25,680 matched up with people's skills and abilities. 575 00:26:25,680 --> 00:26:27,559 Process improvements. 576 00:26:27,559 --> 00:26:32,109 We developed a system using an access data or using access 577 00:26:32,109 --> 00:26:34,880 database to track our performance 578 00:26:34,880 --> 00:26:38,160 measures because we do have so many that we have. 579 00:26:38,160 --> 00:26:40,519 17 is a lot. 580 00:26:40,519 --> 00:26:43,400 And we need to make sure that we're logging those things in 581 00:26:43,400 --> 00:26:43,599 . 582 00:26:43,599 --> 00:26:46,990 That also allows us to share information through that 583 00:26:46,990 --> 00:26:49,599 system instead of having to rely on as 584 00:26:49,599 --> 00:26:52,200 asking someone a question in case somebody is out. 585 00:26:52,200 --> 00:26:54,119 We can't talk to them directly. 586 00:26:54,119 --> 00:26:56,809 We can go to the database, pull up the last business 587 00:26:56,809 --> 00:26:59,000 retention visit with Morrison Milling 588 00:26:59,000 --> 00:27:02,359 and see what the notes were and the outcomes were on that. 589 00:27:02,359 --> 00:27:03,920 So that's been really great. 590 00:27:03,920 --> 00:27:05,420 And it was developed in-house. 591 00:27:05,420 --> 00:27:09,059 So that was a significant savings instead of going outside 592 00:27:09,059 --> 00:27:10,759 to purchase something. 593 00:27:10,759 --> 00:27:14,730 As far as our future process improvements, we are going to 594 00:27:14,730 --> 00:27:17,160 be intentional about documenting 595 00:27:17,160 --> 00:27:20,380 standard operating procedures for some of our critical 596 00:27:20,380 --> 00:27:21,279 functions. 597 00:27:21,279 --> 00:27:24,180 What I have found is a lot of the information is already 598 00:27:24,180 --> 00:27:24,759 there. 599 00:27:24,759 --> 00:27:27,450 It's just not pulled together in a centralized location in 600 00:27:27,450 --> 00:27:28,720 a standardized format. 601 00:27:28,720 --> 00:27:32,039 So we're going to be working on that this upcoming fiscal 602 00:27:32,039 --> 00:27:32,599 year. 603 00:27:32,599 --> 00:27:38,519 Anybody have any questions about any of those things? 604 00:27:38,519 --> 00:27:42,799 So we will move into revenue and expenditures here. 605 00:27:42,799 --> 00:27:46,390 These are just some of the things that I want to 606 00:27:46,390 --> 00:27:50,079 specifically emphasize out of the budget. 607 00:27:50,079 --> 00:27:54,480 We did have to terminate three Chapter 380 agreements. 608 00:27:54,480 --> 00:27:57,910 So those have fallen off the budget for the upcoming fiscal 609 00:27:57,910 --> 00:27:58,440 year. 610 00:27:58,440 --> 00:28:02,950 We are seeing some significant budgeted increases related 611 00:28:02,950 --> 00:28:06,359 to Chapter 380 incentives, WINCO, 612 00:28:06,359 --> 00:28:10,000 Razor Ranch, because the Southside is going to be coming on 613 00:28:10,000 --> 00:28:10,319 . 614 00:28:10,319 --> 00:28:13,640 And good news, you all might have read in the paper about 615 00:28:13,640 --> 00:28:16,000 the opening of Alamo Drafthouse. 616 00:28:16,000 --> 00:28:19,789 But what that does, besides giving us another great place 617 00:28:19,789 --> 00:28:21,880 to go enjoy movies and food, is 618 00:28:21,880 --> 00:28:25,569 that it takes Razor Ranch over their minimum threshold for 619 00:28:25,569 --> 00:28:27,680 the Southside to initiate their 620 00:28:27,680 --> 00:28:29,759 Chapter 380 incentive. 621 00:28:29,759 --> 00:28:33,930 Their threshold was 300,000 square feet, and Alamo Drafth 622 00:28:33,930 --> 00:28:36,440 ouse puts them at 310,000. 623 00:28:36,440 --> 00:28:40,430 So we will be meeting with them next week to discuss all of 624 00:28:40,430 --> 00:28:42,400 the documentation that we 625 00:28:42,400 --> 00:28:45,400 need to get from them to verify that. 626 00:28:45,400 --> 00:28:49,869 And then their incentive reimbursement will initiate on the 627 00:28:49,869 --> 00:28:51,000 Southside. 628 00:28:51,000 --> 00:28:55,420 O'Reilly, as you all know, is a complicated incentive with 629 00:28:55,420 --> 00:28:57,720 several different tools that 630 00:28:57,720 --> 00:29:00,839 make up their total incentive package. 631 00:29:00,839 --> 00:29:04,849 Their property has fully come online this year, so that's 632 00:29:04,849 --> 00:29:07,400 why you see that $1.3 million 633 00:29:07,400 --> 00:29:12,079 budgeted increase on this slide here. 634 00:29:12,079 --> 00:29:16,079 And then we are anticipating that Buc-E's will initiate in 635 00:29:16,079 --> 00:29:18,519 fiscal year '18-'19, and 636 00:29:18,519 --> 00:29:22,329 we're projecting about $187,000 that will be needed for 637 00:29:22,329 --> 00:29:24,039 their incentive in this first 638 00:29:24,039 --> 00:29:25,839 year. 639 00:29:25,839 --> 00:29:29,089 As I always like to point out, my departmental operations 640 00:29:29,089 --> 00:29:31,680 budget minus the Chapter 380 rebates 641 00:29:31,680 --> 00:29:34,680 is only about $100,000. 642 00:29:34,680 --> 00:29:39,519 State law mandates that Chapter 380 rebates be budgeted 643 00:29:39,519 --> 00:29:42,079 somewhere specifically, and so 644 00:29:42,079 --> 00:29:44,140 our method of doing that here in the City of Denton is to 645 00:29:44,140 --> 00:29:45,680 put them in the economic development 646 00:29:45,680 --> 00:29:46,680 budget. 647 00:29:46,680 --> 00:29:47,680 I'm so sorry. 648 00:29:47,680 --> 00:29:48,680 Yes, ma'am. 649 00:29:48,680 --> 00:29:49,680 Councilwoman Brooks. 650 00:29:49,680 --> 00:29:53,609 No, well, yeah, it's also the other screen, because that 651 00:29:53,609 --> 00:29:55,680 explains why I was like, why is 652 00:29:55,680 --> 00:29:56,680 that $5 million? 653 00:29:56,680 --> 00:29:57,680 That's why. 654 00:29:57,680 --> 00:29:58,680 Okay. 655 00:29:58,680 --> 00:29:59,680 Yeah. 656 00:29:59,680 --> 00:30:04,569 So that $5,099,000 is incentives that are going back to 657 00:30:04,569 --> 00:30:05,680 businesses? 658 00:30:05,680 --> 00:30:06,680 Yes. 659 00:30:06,680 --> 00:30:07,680 Okay. 660 00:30:07,680 --> 00:30:08,680 All right. 661 00:30:08,680 --> 00:30:09,680 Thank you. 662 00:30:09,680 --> 00:30:10,680 You're welcome. 663 00:30:10,680 --> 00:30:14,480 So again, this is kind of the summary budget slide, but 664 00:30:14,480 --> 00:30:16,839 down there in the corner, the bottom 665 00:30:16,839 --> 00:30:22,599 line is $5.9 million for our fiscal year '18-'19 budget, 666 00:30:22,599 --> 00:30:25,039 and as Councilmember Briggs pointed 667 00:30:25,039 --> 00:30:31,480 out, $5 million of that is related to Chapter 380 668 00:30:31,480 --> 00:30:33,039 incentives. 669 00:30:33,039 --> 00:30:35,839 Any questions about that? 670 00:30:35,839 --> 00:30:36,839 Mr. Fikes. 671 00:30:36,839 --> 00:30:41,779 Back on the other slide, how much did the canceled 672 00:30:41,779 --> 00:30:44,440 agreements return back? 673 00:30:44,440 --> 00:30:48,720 Oh, let's see. 674 00:30:48,720 --> 00:30:53,759 It was not a significant amount. 675 00:30:53,759 --> 00:30:58,329 I mean, I think those incentives probably ranged from $25, 676 00:30:58,329 --> 00:31:01,839 000 to $40,000 each of them, 677 00:31:01,839 --> 00:31:04,480 so it's not a significant amount overall. 678 00:31:04,480 --> 00:31:09,039 Victor shows the biggest, as I recall, of what it was. 679 00:31:09,039 --> 00:31:13,329 Yeah, I can follow up with, I'll send the group an email 680 00:31:13,329 --> 00:31:16,160 with that specific information. 681 00:31:16,160 --> 00:31:18,440 I just don't have it right here in my fingertips. 682 00:31:18,440 --> 00:31:21,920 I'd hate to misstate the total number, but it's not large. 683 00:31:21,920 --> 00:31:22,920 All right. 684 00:31:22,920 --> 00:31:23,920 Okay. 685 00:31:23,920 --> 00:31:30,230 And because everybody is understandably always interested 686 00:31:30,230 --> 00:31:34,039 in the detail of the Chapter 380 687 00:31:34,039 --> 00:31:38,460 rebates, I'm pulling those out here for you so that you can 688 00:31:38,460 --> 00:31:40,640 see the specific amounts that 689 00:31:40,640 --> 00:31:44,359 we're budgeting for this coming year for each of those. 690 00:31:44,359 --> 00:31:50,180 And again, this is in your backup, but just wanted to bring 691 00:31:50,180 --> 00:31:52,480 it to the forefront. 692 00:31:52,480 --> 00:31:56,039 Is it Denton Crossing falling off soon? 693 00:31:56,039 --> 00:31:58,920 It is. 694 00:31:58,920 --> 00:32:03,230 Fiscal year 19-20 is the last year for Denton Crossing, so 695 00:32:03,230 --> 00:32:06,160 that's going to turn back or 696 00:32:06,160 --> 00:32:12,960 prevent us rebating a pretty significant amount, $589,000. 697 00:32:12,960 --> 00:32:18,089 And also, fiscal year 18-19 is the last year for Slumberge 698 00:32:18,089 --> 00:32:20,400 's incentive, and that's not 699 00:32:20,400 --> 00:32:24,789 a significant amount in the grand scheme of things, but $60 700 00:32:24,789 --> 00:32:27,680 ,000 is $60,000. 701 00:32:27,680 --> 00:32:32,359 Any other questions about any of this? 702 00:32:32,359 --> 00:32:36,359 Okay. 703 00:32:36,359 --> 00:32:40,119 And then because this is a great part of the story that 704 00:32:40,119 --> 00:32:42,519 often gets overlooked, this is 705 00:32:42,519 --> 00:32:48,720 my favorite slide, Chapter 380 Project Net Revenue. 706 00:32:48,720 --> 00:32:51,720 Please look at Denton Crossing and note that cumulative net 707 00:32:51,720 --> 00:32:53,119 revenue over the life of the 708 00:32:53,119 --> 00:32:58,180 incentive to the city, this is net, this is not gross, $19 709 00:32:58,180 --> 00:32:59,200 million. 710 00:32:59,200 --> 00:33:01,039 That's a good thing. 711 00:33:01,039 --> 00:33:04,519 Now I also want to make sure that everybody understands 712 00:33:04,519 --> 00:33:07,119 that even though for Denton Crossing, 713 00:33:07,119 --> 00:33:11,460 Unicorn Lake, Razor Ranch, those incentives are sales tax- 714 00:33:11,460 --> 00:33:12,220 based. 715 00:33:12,220 --> 00:33:15,819 We can't forget that those developments contribute a 716 00:33:15,819 --> 00:33:18,680 significant amount of ad valorem value as 717 00:33:18,680 --> 00:33:21,630 well, so that ad valorem value is included in this net 718 00:33:21,630 --> 00:33:23,799 revenue, even though the incentive 719 00:33:23,799 --> 00:33:26,799 is based on sales tax. 720 00:33:26,799 --> 00:33:30,269 So just that's the full picture of what we have going on 721 00:33:30,269 --> 00:33:30,880 here. 722 00:33:30,880 --> 00:33:36,710 So down there at the bottom, over $51 million have been 723 00:33:36,710 --> 00:33:40,359 generated from incentivized projects 724 00:33:40,359 --> 00:33:42,519 over the life of these projects. 725 00:33:42,519 --> 00:33:46,220 I think that's a great thing to realize and to bring to the 726 00:33:46,220 --> 00:33:47,240 forefront. 727 00:33:47,240 --> 00:33:50,880 Yes, oh sorry, Chair recognizes Mr. Fikes. 728 00:33:50,880 --> 00:33:56,150 Is there any way that you could get this into one of your 729 00:33:56,150 --> 00:33:58,559 newspaper articles? 730 00:33:58,559 --> 00:34:01,359 I think we could probably do that, yes. 731 00:34:01,359 --> 00:34:06,200 That would be awesome information to get out there. 732 00:34:06,200 --> 00:34:08,789 And when you get something on Buc-E's, if you could get 733 00:34:08,789 --> 00:34:10,360 that in there too, that would 734 00:34:10,360 --> 00:34:11,360 be good. 735 00:34:11,360 --> 00:34:12,360 Did you have a... 736 00:34:12,360 --> 00:34:13,360 Councilwoman Britz? 737 00:34:13,360 --> 00:34:18,349 I was going to do some math, I'm just curious if the $589, 738 00:34:18,349 --> 00:34:22,800 000, almost $600,000 came back 739 00:34:22,800 --> 00:34:26,760 each year since 2005 on DIN Crossing? 740 00:34:26,760 --> 00:34:30,750 I'm sorry, I don't think I'm understanding what you're 741 00:34:30,750 --> 00:34:31,599 asking. 742 00:34:31,599 --> 00:34:34,199 So 2005 was the year of the incentive? 743 00:34:34,199 --> 00:34:35,199 Uh-huh. 744 00:34:35,199 --> 00:34:38,059 Okay, and so since then, every year we've been giving them 745 00:34:38,059 --> 00:34:40,280 back almost $600,000 since 746 00:34:40,280 --> 00:34:41,280 2005. 747 00:34:41,280 --> 00:34:46,039 Is that anywhere, do we include what we've given back? 748 00:34:46,039 --> 00:34:49,280 I mean, is that net? 749 00:34:49,280 --> 00:34:52,079 Yeah, that's net of the incentive payment. 750 00:34:52,079 --> 00:34:53,079 After all that. 751 00:34:53,079 --> 00:34:56,920 Yeah, so this is the gross minus the incentive payment is 752 00:34:56,920 --> 00:34:59,480 what you're looking at right here. 753 00:34:59,480 --> 00:35:02,480 Awesome, thank you so much for your time. 754 00:35:02,480 --> 00:35:03,480 You're welcome, sure. 755 00:35:03,480 --> 00:35:07,329 Okay, that is the end of my presentation and I love all the 756 00:35:07,329 --> 00:35:09,719 questions that we've had while 757 00:35:09,719 --> 00:35:11,480 I've been going through it. 758 00:35:11,480 --> 00:35:13,849 You guys are always very engaged around the budget 759 00:35:13,849 --> 00:35:15,639 presentations and I appreciate that 760 00:35:15,639 --> 00:35:16,639 a lot. 761 00:35:16,639 --> 00:35:19,570 I would be glad to answer any other questions that you 762 00:35:19,570 --> 00:35:21,400 might have before I turn it over 763 00:35:21,400 --> 00:35:24,719 to Adam for his portion. 764 00:35:24,719 --> 00:35:25,719 Councilwoman Brooks? 765 00:35:25,719 --> 00:35:28,599 I have one more question because we didn't go over it, but 766 00:35:28,599 --> 00:35:30,000 on your actual budget there 767 00:35:30,000 --> 00:35:33,219 was a line item for rent and I'm just wondering what our 768 00:35:33,219 --> 00:35:35,760 department, your department is paying 769 00:35:35,760 --> 00:35:38,360 for rent since we're housed here? 770 00:35:38,360 --> 00:35:40,559 Just the Stoke facility rent. 771 00:35:40,559 --> 00:35:41,559 Oh, okay. 772 00:35:41,559 --> 00:35:42,559 Got you. 773 00:35:42,559 --> 00:35:43,559 Yes. 774 00:35:43,559 --> 00:35:44,559 Thank you. 775 00:35:44,559 --> 00:35:45,559 You're welcome. 776 00:35:45,559 --> 00:35:51,199 Any other questions or comments for Mrs. Booth? 777 00:35:51,199 --> 00:35:52,199 Thank you very much. 778 00:35:52,199 --> 00:35:53,199 Thank you. 779 00:35:53,199 --> 00:36:01,719 Adam with the economic development part of Denton's Chamber 780 00:36:01,719 --> 00:36:03,960 of Commerce. 781 00:36:03,960 --> 00:36:09,760 Hello everyone. 782 00:36:09,760 --> 00:36:14,360 Good morning. 783 00:36:14,360 --> 00:36:19,599 Good morning. 784 00:36:19,599 --> 00:36:27,070 Karen is passing out our, we had a small, a few pages that 785 00:36:27,070 --> 00:36:30,280 we had revised since you 786 00:36:30,280 --> 00:36:38,239 received your other packet. 787 00:36:38,239 --> 00:36:42,010 We have two full-time employees at the Chamber's Economic 788 00:36:42,010 --> 00:36:44,519 Development Office starting with the, 789 00:36:44,519 --> 00:36:46,670 well, starting with the Board of Directors and then there's 790 00:36:46,670 --> 00:36:47,639 a Vice President and then 791 00:36:47,639 --> 00:36:53,139 Karen is our Administrative Assistant who does a fantastic 792 00:36:53,139 --> 00:36:53,840 job. 793 00:36:53,840 --> 00:36:57,210 It's important to note that all of our funding from the 794 00:36:57,210 --> 00:36:59,480 city for the economic development 795 00:36:59,480 --> 00:37:02,380 budget only goes towards the Vice President and the 796 00:37:02,380 --> 00:37:04,679 Administrative Assistant's salaries 797 00:37:04,679 --> 00:37:06,039 and operations. 798 00:37:06,039 --> 00:37:08,510 So the Chamber and the President of the Chamber is 799 00:37:08,510 --> 00:37:10,760 completely separate out of a totally, two 800 00:37:10,760 --> 00:37:16,260 separate total accounts and everything is kept completely 801 00:37:16,260 --> 00:37:18,360 separate from them. 802 00:37:18,360 --> 00:37:22,619 Goals and accomplishments for 2017 and '18 fulfilled all 803 00:37:22,619 --> 00:37:24,679 deliverables in the City Chamber 804 00:37:24,679 --> 00:37:26,679 ED contract. 805 00:37:26,679 --> 00:37:31,360 29 prospects and leads were generated with a response rate 806 00:37:31,360 --> 00:37:33,039 of 93.1%. 807 00:37:33,039 --> 00:37:36,769 Six site visits from six different companies came as a 808 00:37:36,769 --> 00:37:39,440 result of those 29 prospects. 809 00:37:39,440 --> 00:37:42,500 Out of those six site visits, U.S. Cold Storage and Fisher 810 00:37:42,500 --> 00:37:44,800 59, as Caroline had mentioned earlier, 811 00:37:44,800 --> 00:37:47,719 were located and expanded here. 812 00:37:47,719 --> 00:37:51,980 It's important to note that those are direct results from a 813 00:37:51,980 --> 00:37:54,239 partnership between the City 814 00:37:54,239 --> 00:37:59,400 and the Chamber efforts. 815 00:37:59,400 --> 00:38:03,119 I wanted to make note just on how aggressive we are as a 816 00:38:03,119 --> 00:38:05,679 marketing organization and venue 817 00:38:05,679 --> 00:38:07,880 for the city. 818 00:38:07,880 --> 00:38:10,769 Recently we were, there's a group called the Team Texas 819 00:38:10,769 --> 00:38:12,639 group, which is a statewide marketing 820 00:38:12,639 --> 00:38:13,639 initiative. 821 00:38:13,639 --> 00:38:15,280 It's about 104 communities. 822 00:38:15,280 --> 00:38:16,280 It's pay to play. 823 00:38:16,280 --> 00:38:18,500 We pay into a state organization that's run out of Austin 824 00:38:18,500 --> 00:38:19,719 and we were recently asked, 825 00:38:19,719 --> 00:38:22,940 or I was recently asked to accept a board position on there 826 00:38:22,940 --> 00:38:24,400 and to accept that board 827 00:38:24,400 --> 00:38:27,670 position, you have to be one of the 20 top most aggressive 828 00:38:27,670 --> 00:38:29,280 communities in the state and 829 00:38:29,280 --> 00:38:33,659 you have to maintain activity and involvement with them as 830 00:38:33,659 --> 00:38:34,320 well. 831 00:38:34,320 --> 00:38:36,320 So I will accept that this coming Friday. 832 00:38:36,320 --> 00:38:37,320 Congratulations. 833 00:38:37,320 --> 00:38:38,320 Thank you. 834 00:38:38,320 --> 00:38:41,320 That's a great feather in our cap. 835 00:38:41,320 --> 00:38:43,960 Thank you. 836 00:38:43,960 --> 00:38:47,139 Also recently accepted a position as TDC's Workforce 837 00:38:47,139 --> 00:38:50,000 Development Committee representative. 838 00:38:50,000 --> 00:38:53,949 TDC is Texas Economic Development Corporation, which is 839 00:38:53,949 --> 00:38:55,719 also run out of Austin. 840 00:38:55,719 --> 00:38:58,750 We have three annual events, so I'll be working on their 841 00:38:58,750 --> 00:39:00,719 Workforce Development Committee as 842 00:39:00,719 --> 00:39:02,719 well. 843 00:39:02,719 --> 00:39:05,469 Conducting target marketing forums, conferences, events and 844 00:39:05,469 --> 00:39:07,280 professional development activities. 845 00:39:07,280 --> 00:39:10,710 As you all know, we do a lot of outbound marketing events, 846 00:39:10,710 --> 00:39:13,719 trade shows for target marketing missions, 847 00:39:13,719 --> 00:39:17,849 conferences, you know, everything that's mainly geared 848 00:39:17,849 --> 00:39:20,800 towards targeting site location consultants 849 00:39:20,800 --> 00:39:23,980 and anybody that works an expansion project that might have 850 00:39:23,980 --> 00:39:25,639 interest in the state of Texas 851 00:39:25,639 --> 00:39:29,210 and then further, you know, the expansion interest in DFW 852 00:39:29,210 --> 00:39:30,880 and then in Denton for that 853 00:39:30,880 --> 00:39:31,880 matter. 854 00:39:31,880 --> 00:39:35,760 Raise the number of private investors this year by four and 855 00:39:35,760 --> 00:39:37,559 the private investment by 856 00:39:37,559 --> 00:39:41,260 $3,500, which brings, I think we're at 66 total private 857 00:39:41,260 --> 00:39:42,559 investors now and we're somewhere 858 00:39:42,559 --> 00:39:48,480 around $68,000 in private investment. 859 00:39:48,480 --> 00:39:50,539 Increased involvement in website and social media 860 00:39:50,539 --> 00:39:51,199 activities. 861 00:39:51,199 --> 00:39:55,519 I have a separate site coming up on all of those separately 862 00:39:55,519 --> 00:39:55,840 . 863 00:39:55,840 --> 00:39:59,309 Continued networking, chamber events, EDP events, community 864 00:39:59,309 --> 00:40:02,239 involvement and professional development. 865 00:40:02,239 --> 00:40:06,199 It's a constant thing that is ongoing. 866 00:40:06,199 --> 00:40:09,639 We're constantly in front of the public and keeping 867 00:40:09,639 --> 00:40:11,920 companies like Peterbilt and Winko 868 00:40:11,920 --> 00:40:14,039 Foods surprised what we're doing and, you know, keeping 869 00:40:14,039 --> 00:40:15,280 them involved in the community 870 00:40:15,280 --> 00:40:19,000 and economic development and things like that. 871 00:40:19,000 --> 00:40:22,269 Then we completed the redesign and update of the DentonEDP. 872 00:40:22,269 --> 00:40:23,199 com website. 873 00:40:23,199 --> 00:40:24,780 Hopefully all of you by now have had a chance to look at 874 00:40:24,780 --> 00:40:25,079 that. 875 00:40:25,079 --> 00:40:27,769 We put a lot of time and effort into that and we update 876 00:40:27,769 --> 00:40:29,320 that every single month. 877 00:40:29,320 --> 00:40:31,739 We have about a 60-point checklist, two pages that we go 878 00:40:31,739 --> 00:40:33,239 through every single month, making 879 00:40:33,239 --> 00:40:36,260 sure that we have the most up-to-date data and contact that 880 00:40:36,260 --> 00:40:37,760 a site location consultant 881 00:40:37,760 --> 00:40:44,070 or a company executive would need in order to consider us 882 00:40:44,070 --> 00:40:47,880 for a future expansion location. 883 00:40:47,880 --> 00:40:50,159 Goals and accomplishments. 884 00:40:50,159 --> 00:40:52,949 Our comprehensive marketing plan for next year was 885 00:40:52,949 --> 00:40:54,840 presented to all of you here at the 886 00:40:54,840 --> 00:40:57,079 EDP board on November 8th. 887 00:40:57,079 --> 00:41:00,119 It was approved at that time. 888 00:41:00,119 --> 00:41:03,920 Monthly activity and cities, director of ED reports are due 889 00:41:03,920 --> 00:41:04,199 . 890 00:41:04,199 --> 00:41:07,440 We send those out to Caroline every single month. 891 00:41:07,440 --> 00:41:11,480 Those are specific reports that were requested of us in the 892 00:41:11,480 --> 00:41:13,719 city chamber contract, so she 893 00:41:13,719 --> 00:41:18,079 gets those every first Thursday or before of every month. 894 00:41:18,079 --> 00:41:21,429 Quarterly budget performance statements are -- we send 895 00:41:21,429 --> 00:41:22,920 those every quarter. 896 00:41:22,920 --> 00:41:26,730 Prospect leads as part of the city chamber contract for 897 00:41:26,730 --> 00:41:27,719 this year. 898 00:41:27,719 --> 00:41:32,630 We have to generate 42 new leads that were generated in 899 00:41:32,630 --> 00:41:35,480 terms -- or coming from marketing 900 00:41:35,480 --> 00:41:37,880 initiatives, I should say. 901 00:41:37,880 --> 00:41:38,880 Sorry. 902 00:41:38,880 --> 00:41:41,389 We're at 29 so far, and we are at two-thirds of the way 903 00:41:41,389 --> 00:41:43,320 through the year, so we are definitely 904 00:41:43,320 --> 00:41:45,679 on track to hit that number. 905 00:41:45,679 --> 00:41:48,360 Site visits out of those 22 -- or out of those 29, as I 906 00:41:48,360 --> 00:41:50,199 mentioned earlier, we're at six site 907 00:41:50,199 --> 00:41:52,440 visits so far, two-thirds of the way through the year. 908 00:41:52,440 --> 00:41:54,809 I think the contract goals for that were seven, so we are 909 00:41:54,809 --> 00:41:56,400 definitely going to hit that number 910 00:41:56,400 --> 00:41:57,400 as well. 911 00:41:57,400 --> 00:42:03,719 As a result of those six site visits, we did land U.S. coal 912 00:42:03,719 --> 00:42:06,880 storage and Fisher 59, and 913 00:42:06,880 --> 00:42:09,380 there is -- I think I mentioned this in the last meeting, 914 00:42:09,380 --> 00:42:11,079 but there is -- we have a significant 915 00:42:11,079 --> 00:42:14,079 amount of new potential industrial speculative space that 916 00:42:14,079 --> 00:42:15,400 will be coming online. 917 00:42:15,400 --> 00:42:17,090 We have three different developers that are looking at 918 00:42:17,090 --> 00:42:17,760 different sites. 919 00:42:17,760 --> 00:42:21,519 The site on the south side of Wynco is currently supposed 920 00:42:21,519 --> 00:42:24,079 to be going under contract, and they 921 00:42:24,079 --> 00:42:27,019 are looking to build three new industrial speculative spots 922 00:42:27,019 --> 00:42:27,239 . 923 00:42:27,239 --> 00:42:31,519 The 600,000 square foot building, a 400 and a 300. 924 00:42:31,519 --> 00:42:35,880 This isn't under contract yet, so it is -- we're hopeful. 925 00:42:35,880 --> 00:42:38,550 And then there's another one next to U.S. coal storage that 926 00:42:38,550 --> 00:42:39,760 they're supposed to build 927 00:42:39,760 --> 00:42:42,730 a 600,000 square foot facility, and then another site that 928 00:42:42,730 --> 00:42:44,320 's a 104-acre site just north of 929 00:42:44,320 --> 00:42:48,079 there where they're looking to do two 600,000 square foot 930 00:42:48,079 --> 00:42:48,880 buildings. 931 00:42:48,880 --> 00:42:53,199 We will keep you all apprised of those. 932 00:42:53,199 --> 00:42:58,150 Improves and accomplishments again, as part of the Chamber 933 00:42:58,150 --> 00:43:00,679 city contract, we were asked 934 00:43:00,679 --> 00:43:05,280 to increase the DentonEDP.com website hits by 20% overall. 935 00:43:05,280 --> 00:43:09,159 Those were separated into page views and unique users. 936 00:43:09,159 --> 00:43:12,869 You'll see on the under accomplished page views, we have 937 00:43:12,869 --> 00:43:15,360 increased that by 23.6%. 938 00:43:15,360 --> 00:43:19,130 Unique users, we have increased by 33.1% currently, well 939 00:43:19,130 --> 00:43:20,599 over the 20% mark. 940 00:43:20,599 --> 00:43:23,519 I've got a quick question for myself. 941 00:43:23,519 --> 00:43:27,289 Unique users, is that a new person that's never come to the 942 00:43:27,289 --> 00:43:28,960 site before clicking on 943 00:43:28,960 --> 00:43:31,119 the site, or can you tell me what that is? 944 00:43:31,119 --> 00:43:32,119 That's total visitors. 945 00:43:32,119 --> 00:43:33,119 That's total visitors. 946 00:43:33,119 --> 00:43:34,119 Correct? 947 00:43:34,119 --> 00:43:35,119 Each time someone visits the website. 948 00:43:35,119 --> 00:43:36,119 Okay. 949 00:43:36,119 --> 00:43:37,840 So if I visited one day and -- Sorry. 950 00:43:37,840 --> 00:43:45,239 So if I visited one day and you visited the website, then 951 00:43:45,239 --> 00:43:48,840 you're not going to be able 952 00:43:48,840 --> 00:43:49,840 to get the website. 953 00:43:49,840 --> 00:43:52,389 So if I visited one day and you visited one day, that's two 954 00:43:52,389 --> 00:43:53,000 visitors. 955 00:43:53,000 --> 00:43:56,030 But if I go back multiple times, it'll only count me that 956 00:43:56,030 --> 00:43:56,719 one time. 957 00:43:56,719 --> 00:43:58,719 It's unique visitors for that month. 958 00:43:58,719 --> 00:43:59,719 Okay. 959 00:43:59,719 --> 00:44:00,719 Thank you. 960 00:44:00,719 --> 00:44:01,719 I appreciate that. 961 00:44:01,719 --> 00:44:05,150 And we have access to the back side of the website metrics, 962 00:44:05,150 --> 00:44:06,639 so we can give you guys all 963 00:44:06,639 --> 00:44:09,480 the metrics that you could ever want on that. 964 00:44:09,480 --> 00:44:12,519 Probably more than you would want in the future. 965 00:44:12,519 --> 00:44:17,039 And then social media, Facebook, LinkedIn, and Twitter. 966 00:44:17,039 --> 00:44:22,519 This year we were not given a specific metric to beat. 967 00:44:22,519 --> 00:44:25,289 More or less we were supposed to collect baseline data for 968 00:44:25,289 --> 00:44:26,960 next -- to kind of establish next 969 00:44:26,960 --> 00:44:27,960 year's goals. 970 00:44:27,960 --> 00:44:30,320 But the numbers are looking good. 971 00:44:30,320 --> 00:44:31,320 Facebook, we're up 7.1%. 972 00:44:31,320 --> 00:44:32,320 And that's total likes. 973 00:44:32,320 --> 00:44:33,320 LinkedIn, we're up 16.4% on connections. 974 00:44:33,320 --> 00:44:34,320 And Twitter, 5.7%. 975 00:44:34,320 --> 00:44:35,320 Goals for '18 and '19. 976 00:44:35,320 --> 00:44:36,320 Fulfill the city chamber goals. 977 00:44:36,320 --> 00:44:43,250 Maintain constant interaction with site selectors, 978 00:44:43,250 --> 00:44:47,239 consultants, and brokers. 979 00:44:47,239 --> 00:44:57,440 That's an ongoing effort. 980 00:44:57,440 --> 00:45:00,159 Continue to conduct target marketing and prospect 981 00:45:00,159 --> 00:45:01,719 development activities. 982 00:45:01,719 --> 00:45:05,429 Increase social media by 5% and web-based communication by 983 00:45:05,429 --> 00:45:06,239 10%. 984 00:45:06,239 --> 00:45:11,639 That's our goal that we're hoping to maintain. 985 00:45:11,639 --> 00:45:13,639 Increase the private investors by two additional. 986 00:45:13,639 --> 00:45:14,639 So we're at 66. 987 00:45:14,639 --> 00:45:18,320 We would hope to increase that by two more for next year, ' 988 00:45:18,320 --> 00:45:19,079 68. 989 00:45:19,079 --> 00:45:21,780 Maintain economic development partnership private investor 990 00:45:21,780 --> 00:45:22,440 relations. 991 00:45:22,440 --> 00:45:25,860 So that's business retention, you know, retention for the 992 00:45:25,860 --> 00:45:27,199 private investors. 993 00:45:27,199 --> 00:45:30,480 Right now -- or this year we retained 97%. 994 00:45:30,480 --> 00:45:33,480 So 60 -- 62. 995 00:45:33,480 --> 00:45:37,840 Some examples of the contacts that are made from some of 996 00:45:37,840 --> 00:45:40,280 these marketing trips that we 997 00:45:40,280 --> 00:45:43,389 do, you know, from the area development consultant forums, 998 00:45:43,389 --> 00:45:45,320 you know, just all these trade shows 999 00:45:45,320 --> 00:45:47,199 and target market events that we do. 1000 00:45:47,199 --> 00:45:51,340 These are just five top examples that I wanted to, you know 1001 00:45:51,340 --> 00:45:53,840 , make sure all of you knew about. 1002 00:45:53,840 --> 00:45:57,139 But Collier's International is a site selection consulting 1003 00:45:57,139 --> 00:45:57,639 firm. 1004 00:45:57,639 --> 00:45:59,880 They have toured sites here in Denton this year as a result 1005 00:45:59,880 --> 00:46:01,400 of marketing activities and 1006 00:46:01,400 --> 00:46:03,719 marketing events that we've met them at. 1007 00:46:03,719 --> 00:46:05,320 And they are the ones that are -- they're one of the ones 1008 00:46:05,320 --> 00:46:06,159 that are currently planning 1009 00:46:06,159 --> 00:46:09,989 a large-scale speculative development project here in 1010 00:46:09,989 --> 00:46:12,280 conjunction with another development 1011 00:46:12,280 --> 00:46:13,280 company as well. 1012 00:46:13,280 --> 00:46:15,440 They're the brokerage group and then there will be a 1013 00:46:15,440 --> 00:46:17,440 development company partnering with 1014 00:46:17,440 --> 00:46:18,440 them. 1015 00:46:18,440 --> 00:46:21,440 CBRE, you guys have all heard that name several times. 1016 00:46:21,440 --> 00:46:23,880 They did United States Cold Storage here. 1017 00:46:23,880 --> 00:46:26,639 They brought us Winko Foods. 1018 00:46:26,639 --> 00:46:29,099 They were the brokers and consultants in charge of the 1019 00:46:29,099 --> 00:46:31,039 Sally Beauty expansion tour maybe three 1020 00:46:31,039 --> 00:46:32,039 years ago now. 1021 00:46:32,039 --> 00:46:34,650 Hickin Associates New York office who represented two 1022 00:46:34,650 --> 00:46:36,559 products this year that we have worked 1023 00:46:36,559 --> 00:46:39,679 on and we have made the short list on as well, which we're 1024 00:46:39,679 --> 00:46:40,760 still working. 1025 00:46:40,760 --> 00:46:43,469 The European American Investment Council, they did bring a 1026 00:46:43,469 --> 00:46:44,920 German delegation of aviation 1027 00:46:44,920 --> 00:46:47,780 companies to the DFW area and it was in Fort Worth where we 1028 00:46:47,780 --> 00:46:49,400 all -- there were about 10 1029 00:46:49,400 --> 00:46:51,679 of us communities that they asked to come in and make a 1030 00:46:51,679 --> 00:46:52,639 presentation to. 1031 00:46:52,639 --> 00:46:54,320 So I was there for that as well. 1032 00:46:54,320 --> 00:46:57,920 We met them at a Southern Economic Development Council 1033 00:46:57,920 --> 00:46:59,239 marketing trip. 1034 00:46:59,239 --> 00:47:02,349 Project WIC, I wanted to give you an example of a company 1035 00:47:02,349 --> 00:47:04,079 that we met at a trade show. 1036 00:47:04,079 --> 00:47:07,400 So not a site selection consultant but an actual company 1037 00:47:07,400 --> 00:47:08,280 executive. 1038 00:47:08,280 --> 00:47:12,239 Project WIC was a company and we identified them at an 1039 00:47:12,239 --> 00:47:14,199 aerospace trade show. 1040 00:47:14,199 --> 00:47:17,300 They were looking for 400,000 to 500,000 square feet here 1041 00:47:17,300 --> 00:47:18,719 in Denton to create over 100 new 1042 00:47:18,719 --> 00:47:26,440 jobs and we did go out and visit with them directly. 1043 00:47:26,440 --> 00:47:29,619 Proposed performance measures, perform duties of the office 1044 00:47:29,619 --> 00:47:31,320 per the city chamber contractual 1045 00:47:31,320 --> 00:47:34,789 agreement, act as the gatekeeper with site location 1046 00:47:34,789 --> 00:47:37,320 consultants and prospect activity, 1047 00:47:37,320 --> 00:47:39,579 conduct target marketing and prospect development 1048 00:47:39,579 --> 00:47:40,280 activities. 1049 00:47:40,280 --> 00:47:43,159 It's an ongoing event. 1050 00:47:43,159 --> 00:47:45,659 Update and maintain the ADP website, social media accounts, 1051 00:47:45,659 --> 00:47:47,280 marketing materials and promotional 1052 00:47:47,280 --> 00:47:49,239 items. 1053 00:47:49,239 --> 00:47:52,489 Maintain economic development partnership private investor 1054 00:47:52,489 --> 00:47:53,280 relations. 1055 00:47:53,280 --> 00:47:55,829 Promote performance measures, perform duties of the office 1056 00:47:55,829 --> 00:47:57,280 per the city chamber contractual 1057 00:47:57,280 --> 00:48:00,159 agreement for '18 and '19. 1058 00:48:00,159 --> 00:48:02,969 Attend and participate in activities with local, metro, 1059 00:48:02,969 --> 00:48:04,800 state, regional and international 1060 00:48:04,800 --> 00:48:08,039 organizations stipulated in the annual agreement. 1061 00:48:08,039 --> 00:48:10,679 Continue target marketing activities and attend as many 1062 00:48:10,679 --> 00:48:12,400 site location consultant events as 1063 00:48:12,400 --> 00:48:15,880 the budget allows. 1064 00:48:15,880 --> 00:48:21,239 Raise social media and web-based activities by 5%. 1065 00:48:21,239 --> 00:48:23,610 And raise economic development partnership private investor 1066 00:48:23,610 --> 00:48:24,639 relations by once again two 1067 00:48:24,639 --> 00:48:25,639 investors this year. 1068 00:48:25,639 --> 00:48:32,590 Currently we're at 66 and once again with a 97% retention 1069 00:48:32,590 --> 00:48:33,559 rate. 1070 00:48:33,559 --> 00:48:35,710 On budget emphasis, our plan and vision is to actively 1071 00:48:35,710 --> 00:48:37,280 promote an environment to encourage 1072 00:48:37,280 --> 00:48:39,849 commercial and industrial development by expanding and 1073 00:48:39,849 --> 00:48:41,800 diversifying to tax base, creating jobs 1074 00:48:41,800 --> 00:48:46,039 and improving the quality of life. 1075 00:48:46,039 --> 00:48:50,119 This is one of the slides that the city provided for us. 1076 00:48:50,119 --> 00:48:53,550 That is driving your need for funding to maintain an office 1077 00:48:53,550 --> 00:48:55,960 of economic development at the Chamber 1078 00:48:55,960 --> 00:48:59,429 of Commerce geared towards targeted external marketing 1079 00:48:59,429 --> 00:49:01,519 efforts and prospect management 1080 00:49:01,519 --> 00:49:03,820 and keeping the community, the business community and D 1081 00:49:03,820 --> 00:49:05,519 itten engaged in economic development 1082 00:49:05,519 --> 00:49:07,519 efforts. 1083 00:49:07,519 --> 00:49:13,360 A summary of cost containment strategies. 1084 00:49:13,360 --> 00:49:16,420 Constant evaluation of forums, conferences, and conferences 1085 00:49:16,420 --> 00:49:17,920 along with all other marketing 1086 00:49:17,920 --> 00:49:20,909 activities focus staff solely on incoming prospects 1087 00:49:20,909 --> 00:49:23,320 generated through marketing activities 1088 00:49:23,320 --> 00:49:26,079 and from site selectors and brokers. 1089 00:49:26,079 --> 00:49:29,960 So our staff is focused just on the recruiting prospects 1090 00:49:29,960 --> 00:49:32,599 and marketing towards site location 1091 00:49:32,599 --> 00:49:35,800 consultants from marketing events and things like that. 1092 00:49:35,800 --> 00:49:39,010 The city economic development office handles the leads 1093 00:49:39,010 --> 00:49:40,920 coming in from the state and from 1094 00:49:40,920 --> 00:49:44,800 the Dallas regional chamber. 1095 00:49:44,800 --> 00:49:48,179 Community projects, constant evaluation of marketing trips 1096 00:49:48,179 --> 00:49:49,719 and narrowing down the ones 1097 00:49:49,719 --> 00:49:51,599 that have provided results in the past. 1098 00:49:51,599 --> 00:49:55,199 We replace those with newly advertised events. 1099 00:49:55,199 --> 00:49:58,489 Consistently update and refresh marketing materials and 1100 00:49:58,489 --> 00:50:00,360 other branding collaterals. 1101 00:50:00,360 --> 00:50:02,960 Updating and maintenance of the DittenEDP.com website and 1102 00:50:02,960 --> 00:50:04,760 social media with up to date information. 1103 00:50:04,760 --> 00:50:07,559 As I mentioned, we have that 60 point checklist where every 1104 00:50:07,559 --> 00:50:08,960 month we're updating the data 1105 00:50:08,960 --> 00:50:11,920 to make sure everything is completely accurate and up to 1106 00:50:11,920 --> 00:50:12,440 date. 1107 00:50:12,440 --> 00:50:15,760 Monitor improvements, constantly analyze marketing results 1108 00:50:15,760 --> 00:50:17,760 to make continuous improvements, and 1109 00:50:17,760 --> 00:50:22,940 consistently monitor and update the website and social 1110 00:50:22,940 --> 00:50:24,659 media outlets. 1111 00:50:24,659 --> 00:50:29,250 On budget highlights, you'll see that we are requesting the 1112 00:50:29,250 --> 00:50:31,320 same amount as last year, so 1113 00:50:31,320 --> 00:50:35,360 another $238,836 from the city, which comes from the -- 1114 00:50:35,360 --> 00:50:37,320 partially from the general fund 1115 00:50:37,320 --> 00:50:41,920 and partially from the utility fund. 1116 00:50:41,920 --> 00:50:45,539 We just wanted to make note that our private revenues, we 1117 00:50:45,539 --> 00:50:47,360 're -- we wanted to make sure 1118 00:50:47,360 --> 00:50:51,119 that we -- all of you know that we're keeping a baseline of 1119 00:50:51,119 --> 00:50:53,800 75 grand that makes up our targeted 1120 00:50:53,800 --> 00:50:56,710 budget for the year, even though that number right now is 1121 00:50:56,710 --> 00:50:59,239 at about 70 -- I think 78,000, 1122 00:50:59,239 --> 00:51:00,239 79,000. 1123 00:51:00,239 --> 00:51:06,199 Brings our grand total budget to $313,836. 1124 00:51:06,199 --> 00:51:08,079 Any questions on that? 1125 00:51:08,079 --> 00:51:13,079 >> No, but it seems like you're doing more with less. 1126 00:51:13,079 --> 00:51:14,880 >> Thank you. 1127 00:51:14,880 --> 00:51:15,880 We try. 1128 00:51:15,880 --> 00:51:16,880 >> Yeah. 1129 00:51:16,880 --> 00:51:17,880 Very busy. 1130 00:51:17,880 --> 00:51:18,880 Very busy. 1131 00:51:18,880 --> 00:51:19,880 >> Thank you. 1132 00:51:19,880 --> 00:51:22,710 >> But looks like you guys are able to accomplish a lot 1133 00:51:22,710 --> 00:51:24,199 with what you're given. 1134 00:51:24,199 --> 00:51:25,199 >> Thank you. 1135 00:51:25,199 --> 00:51:28,760 And then the last slide is the budget highlights. 1136 00:51:28,760 --> 00:51:32,769 You know, things relatively -- kind of speaks for itself on 1137 00:51:32,769 --> 00:51:33,400 that. 1138 00:51:33,400 --> 00:51:35,909 The only thing that really changed is the board meals went 1139 00:51:35,909 --> 00:51:37,159 off, and that's because we're 1140 00:51:37,159 --> 00:51:41,730 not doing -- we're not doing meals here anymore since it's 1141 00:51:41,730 --> 00:51:42,920 televised. 1142 00:51:42,920 --> 00:51:45,920 Any questions on that one? 1143 00:51:45,920 --> 00:51:46,920 No? 1144 00:51:46,920 --> 00:51:47,920 Okay. 1145 00:51:47,920 --> 00:51:49,280 >> All right. 1146 00:51:49,280 --> 00:51:52,800 Any questions or comments before the floor is released? 1147 00:51:52,800 --> 00:51:53,800 No? 1148 00:51:53,800 --> 00:51:54,800 All right. 1149 00:51:54,800 --> 00:51:55,800 Well, thank you so much. 1150 00:51:55,800 --> 00:51:56,800 >> Thank you. 1151 00:51:56,800 --> 00:51:58,230 >> That was a lot of information, a lot of really good 1152 00:51:58,230 --> 00:51:58,800 information. 1153 00:51:58,800 --> 00:51:59,800 Interesting. 1154 00:51:59,800 --> 00:52:00,800 All right. 1155 00:52:00,800 --> 00:52:08,170 We will now move forward to item number EDP 18-037, receive 1156 00:52:08,170 --> 00:52:09,320 a report, hold a discussion, 1157 00:52:09,320 --> 00:52:12,530 and make a recommendation to city council regarding changes 1158 00:52:12,530 --> 00:52:14,159 to the downtown reinvestment 1159 00:52:14,159 --> 00:52:18,719 grant program's funding source, policy, and procedures. 1160 00:52:18,719 --> 00:52:22,559 Julie, take it away. 1161 00:52:22,559 --> 00:52:24,639 >> Okay. 1162 00:52:24,639 --> 00:52:26,400 Okay. 1163 00:52:26,400 --> 00:52:29,119 So we've been talking about this grant fund for a while. 1164 00:52:29,119 --> 00:52:31,949 I know every -- it seems like I've done this presentation 1165 00:52:31,949 --> 00:52:34,079 several times, several different 1166 00:52:34,079 --> 00:52:35,079 groups. 1167 00:52:35,079 --> 00:52:37,630 Just to give you a little background, this downtown rein 1168 00:52:37,630 --> 00:52:39,079 vestment grant was created in 1169 00:52:39,079 --> 00:52:40,079 2007. 1170 00:52:40,079 --> 00:52:42,869 It provides grants for capital improvements in the downtown 1171 00:52:42,869 --> 00:52:44,360 area, specifically right now 1172 00:52:44,360 --> 00:52:48,179 what we call the DTIP, which is the downtown implementation 1173 00:52:48,179 --> 00:52:49,079 plan area. 1174 00:52:49,079 --> 00:52:52,090 It's tied to historic preservation through the restoration 1175 00:52:52,090 --> 00:52:53,159 of the buildings. 1176 00:52:53,159 --> 00:52:55,840 And to date, for every dollar invested by the city in the 1177 00:52:55,840 --> 00:52:57,679 grant program, $34 of private 1178 00:52:57,679 --> 00:53:01,079 investment have been made in downtown. 1179 00:53:01,079 --> 00:53:02,079 >> Just a moment. 1180 00:53:02,079 --> 00:53:03,079 I'm sorry. 1181 00:53:03,079 --> 00:53:04,079 Councilwoman Briggs. 1182 00:53:04,079 --> 00:53:06,150 >> I need to let the chair know that I have a meeting at 12 1183 00:53:06,150 --> 00:53:07,079 that I need to leave to go 1184 00:53:07,079 --> 00:53:08,079 to. 1185 00:53:08,079 --> 00:53:11,800 And so -- and I just wondered if I could -- I'm sorry. 1186 00:53:11,800 --> 00:53:13,719 My child keeps calling me. 1187 00:53:13,719 --> 00:53:16,780 I'm wondering if I could go ahead and ask the questions 1188 00:53:16,780 --> 00:53:18,880 before I leave, if that's okay. 1189 00:53:18,880 --> 00:53:19,880 >> Yes. 1190 00:53:19,880 --> 00:53:21,570 So just to make sure everyone has heard, Councilwoman Br 1191 00:53:21,570 --> 00:53:23,159 iggs does have to leave as of noon. 1192 00:53:23,159 --> 00:53:25,710 As of that point, am I correct in that we will not have a 1193 00:53:25,710 --> 00:53:26,280 quorum? 1194 00:53:26,280 --> 00:53:27,280 >> No. 1195 00:53:27,280 --> 00:53:28,280 >> I'm sorry. 1196 00:53:28,280 --> 00:53:31,280 We will have a quorum because Mr. Edgar joined us. 1197 00:53:31,280 --> 00:53:32,280 >> Okay. 1198 00:53:32,280 --> 00:53:34,079 Then we can take the necessary vote. 1199 00:53:34,079 --> 00:53:35,079 So sorry to interrupt. 1200 00:53:35,079 --> 00:53:36,079 Is that all right with you, Ms. Gliver? 1201 00:53:36,079 --> 00:53:37,079 >> Sure. 1202 00:53:37,079 --> 00:53:38,079 >> All right. 1203 00:53:38,079 --> 00:53:39,079 >> I apologize. 1204 00:53:39,079 --> 00:53:40,079 >> Councilwoman Briggs. 1205 00:53:40,079 --> 00:53:41,079 >> Everyone out there is waiting. 1206 00:53:41,079 --> 00:53:42,079 Okay. 1207 00:53:42,079 --> 00:53:43,079 So I'm really glad to see this come forward. 1208 00:53:43,079 --> 00:53:46,230 I know that there was a -- I just want to say I know there 1209 00:53:46,230 --> 00:53:47,760 was a lot of -- a lot of people 1210 00:53:47,760 --> 00:53:50,920 in the community that were concerned when we changed the 1211 00:53:50,920 --> 00:53:51,639 funding. 1212 00:53:51,639 --> 00:53:54,440 But I think that this has actually opened up to more 1213 00:53:54,440 --> 00:53:56,400 opportunities for this grant. 1214 00:53:56,400 --> 00:53:59,480 And I think it's a wonderful program. 1215 00:53:59,480 --> 00:54:02,469 And just me personally feel like a lot of the revital 1216 00:54:02,469 --> 00:54:04,239 ization that we have seen have 1217 00:54:04,239 --> 00:54:06,760 come from this grant. 1218 00:54:06,760 --> 00:54:11,880 And so I would like to know if we can increase it from 25, 1219 00:54:11,880 --> 00:54:15,440 000, where that cap came from, 1220 00:54:15,440 --> 00:54:19,039 and if there's a possibility -- because I see that since it 1221 00:54:19,039 --> 00:54:20,639 's moved to the tip, the 1222 00:54:20,639 --> 00:54:22,800 orders have expanded as well. 1223 00:54:22,800 --> 00:54:25,860 And with the new development design standards that council 1224 00:54:25,860 --> 00:54:27,519 talked about recently, and we 1225 00:54:27,519 --> 00:54:31,449 have moved it from just facades to actual internal things 1226 00:54:31,449 --> 00:54:33,920 as well, there's a great opportunity 1227 00:54:33,920 --> 00:54:38,010 there for people to spend a lot of money and way beyond 25, 1228 00:54:38,010 --> 00:54:39,039 000. 1229 00:54:39,039 --> 00:54:40,039 So is that a possibility? 1230 00:54:40,039 --> 00:54:42,079 >> It is a possibility. 1231 00:54:42,079 --> 00:54:46,159 We are taking this to the -- to Board Next? 1232 00:54:46,159 --> 00:54:47,159 Council Next. 1233 00:54:47,159 --> 00:54:48,159 I don't -- 1234 00:54:48,159 --> 00:54:49,159 >> Council Next. 1235 00:54:49,159 --> 00:54:50,159 >> Council Next. 1236 00:54:50,159 --> 00:54:51,159 So council can make that change. 1237 00:54:51,159 --> 00:54:53,619 The reason we capped at 25,000 is because we were getting 1238 00:54:53,619 --> 00:54:55,320 100,000 per year, and that 1239 00:54:55,320 --> 00:54:59,400 kind of gave us an opportunity to do four grants at max. 1240 00:54:59,400 --> 00:55:02,639 So money is always kind of the answer, right? 1241 00:55:02,639 --> 00:55:06,119 But the council can make that recommendation to the tip. 1242 00:55:06,119 --> 00:55:08,480 The tip board will bring a recommendation to you guys. 1243 00:55:08,480 --> 00:55:10,519 You can change it the way you want. 1244 00:55:10,519 --> 00:55:14,539 >> So just to clarify, the $25,000 limit is the limit that 1245 00:55:14,539 --> 00:55:16,320 one group can request at that 1246 00:55:16,320 --> 00:55:18,880 time for a certain project. 1247 00:55:18,880 --> 00:55:23,159 The total amount available to give in a year was 100,000. 1248 00:55:23,159 --> 00:55:24,159 >> Right. 1249 00:55:24,159 --> 00:55:26,280 And it's 25,000 per property. 1250 00:55:26,280 --> 00:55:29,769 So if a building only got 5,000 in the first year they were 1251 00:55:29,769 --> 00:55:31,559 open, then someone else bought 1252 00:55:31,559 --> 00:55:34,550 it and needed to do some more work, they would be eligible 1253 00:55:34,550 --> 00:55:35,840 for another 20. 1254 00:55:35,840 --> 00:55:39,159 So it's tied specifically to the property, not the project. 1255 00:55:39,159 --> 00:55:42,050 >> Well, maybe council will want to increase the budget so 1256 00:55:42,050 --> 00:55:43,480 we can increase the amounts 1257 00:55:43,480 --> 00:55:44,480 we can give. 1258 00:55:44,480 --> 00:55:45,480 >> Okay. 1259 00:55:45,480 --> 00:55:46,480 >> Thank you. 1260 00:55:46,480 --> 00:55:47,480 >> Okay. 1261 00:55:47,480 --> 00:55:51,280 And continuing here with the -- during the fiscal year 17- 1262 00:55:51,280 --> 00:55:53,880 18 budget deliberations, council 1263 00:55:53,880 --> 00:55:56,630 directed that the grant program be funded through the 1264 00:55:56,630 --> 00:55:58,400 downtown TURS number one fund. 1265 00:55:58,400 --> 00:56:01,829 So that led to looking at a review of the current policy 1266 00:56:01,829 --> 00:56:03,119 and procedures. 1267 00:56:03,119 --> 00:56:05,369 The downtown task force has reviewed this twice and made 1268 00:56:05,369 --> 00:56:06,320 recommendations. 1269 00:56:06,320 --> 00:56:09,880 The TURS number one board has reviewed and made 1270 00:56:09,880 --> 00:56:11,599 recommendations. 1271 00:56:11,599 --> 00:56:13,809 So the changes that have been recommended is to fund the 1272 00:56:13,809 --> 00:56:14,960 grant through the downtown 1273 00:56:14,960 --> 00:56:18,860 TURS number one beginning fiscal year 2018-19 and in future 1274 00:56:18,860 --> 00:56:20,679 years throughout the life of 1275 00:56:20,679 --> 00:56:21,679 the downtown TURS. 1276 00:56:21,679 --> 00:56:24,880 We're going to modify and review the review approval 1277 00:56:24,880 --> 00:56:26,920 process so that grants first are 1278 00:56:26,920 --> 00:56:29,809 reviewed by the downtown task force, then the downtown TURS 1279 00:56:29,809 --> 00:56:31,239 number one board, then city 1280 00:56:31,239 --> 00:56:32,239 council. 1281 00:56:32,239 --> 00:56:34,389 I just want to point out that in the past that every -- 1282 00:56:34,389 --> 00:56:36,280 grants over 10,000 came to this 1283 00:56:36,280 --> 00:56:41,800 body and we are taking that out of the process right now. 1284 00:56:41,800 --> 00:56:44,860 We're replacing that because everything -- state law 1285 00:56:44,860 --> 00:56:48,199 requires that everything must be -- all 1286 00:56:48,199 --> 00:56:51,349 funds through the TURS must go through the downtown TURS 1287 00:56:51,349 --> 00:56:53,199 board and then city council. 1288 00:56:53,199 --> 00:56:57,440 We kind of felt like keeping this board in there was just 1289 00:56:57,440 --> 00:56:59,760 adding another layer and you 1290 00:56:59,760 --> 00:57:01,730 could make a recommendation to the TURS board or the 1291 00:57:01,730 --> 00:57:03,360 downtown task force could, one or the 1292 00:57:03,360 --> 00:57:04,360 other. 1293 00:57:04,360 --> 00:57:09,960 So I'll pause here if anyone has any comments on that. 1294 00:57:09,960 --> 00:57:12,360 We'll be happy to bring you reports, let you know what's 1295 00:57:12,360 --> 00:57:13,760 going on, what kind of grants 1296 00:57:13,760 --> 00:57:16,000 are coming through, what they're asking for. 1297 00:57:16,000 --> 00:57:21,000 >> That would be good, but I think you're saving time. 1298 00:57:21,000 --> 00:57:26,320 We don't need to see it up to people. 1299 00:57:26,320 --> 00:57:29,750 >> More changes was to add a scoring category for interior 1300 00:57:29,750 --> 00:57:32,000 code improvements, which council 1301 00:57:32,000 --> 00:57:34,480 member Briggs just mentioned. 1302 00:57:34,480 --> 00:57:37,219 In light of the couple of fires we had towards the end of 1303 00:57:37,219 --> 00:57:39,320 last year, beginning of this year, 1304 00:57:39,320 --> 00:57:44,150 we've added fire suppression systems as an eligible 1305 00:57:44,150 --> 00:57:45,320 category. 1306 00:57:45,320 --> 00:57:48,179 We took location out of it because everything is going to 1307 00:57:48,179 --> 00:57:49,719 have to be located in the TURS 1308 00:57:49,719 --> 00:57:52,239 district to be eligible. 1309 00:57:52,239 --> 00:57:56,469 We added including but not limited to the other category 1310 00:57:56,469 --> 00:57:58,800 and put longevity in the other 1311 00:57:58,800 --> 00:57:59,800 category. 1312 00:57:59,800 --> 00:58:00,800 We did not define longevity. 1313 00:58:00,800 --> 00:58:05,320 It's going to be kind of up to them to decide. 1314 00:58:05,320 --> 00:58:10,320 By taking the location out, that dropped us five points, so 1315 00:58:10,320 --> 00:58:12,599 we made the other category 1316 00:58:12,599 --> 00:58:14,239 worth ten points instead. 1317 00:58:14,239 --> 00:58:17,119 So that still gives us the same amount on the scoring. 1318 00:58:17,119 --> 00:58:20,130 It was pointed out that sometimes smaller projects have a 1319 00:58:20,130 --> 00:58:21,639 hard time getting to the top 1320 00:58:21,639 --> 00:58:26,920 range to get higher amounts of money. 1321 00:58:26,920 --> 00:58:29,320 So by making that other category a little more flexible, 1322 00:58:29,320 --> 00:58:30,480 they feel like this is going 1323 00:58:30,480 --> 00:58:33,480 to take care of that. 1324 00:58:33,480 --> 00:58:35,400 In that direction, the task force looked at it. 1325 00:58:35,400 --> 00:58:37,719 They recommended these changes ten to one. 1326 00:58:37,719 --> 00:58:43,300 May 23rd, the TURS board recommended these changes five to 1327 00:58:43,300 --> 00:58:44,119 zero. 1328 00:58:44,119 --> 00:58:46,809 So we're looking for a recommendation to city council for M 1329 00:58:46,809 --> 00:58:48,280 IEU regarding the changes to 1330 00:58:48,280 --> 00:58:51,159 the funding source, the policy and procedures for the 1331 00:58:51,159 --> 00:58:52,519 reimbursement grant. 1332 00:58:52,519 --> 00:58:57,409 So I just want to remind for those that are new to this 1333 00:58:57,409 --> 00:59:00,800 board that the downtown task force 1334 00:59:00,800 --> 00:59:06,099 is subcommittee of this board and that it does represent 1335 00:59:06,099 --> 00:59:08,800 quite a variety of business 1336 00:59:08,800 --> 00:59:13,309 owners, employers, as well as employees over different 1337 00:59:13,309 --> 00:59:17,159 industries as well that have concerns. 1338 00:59:17,159 --> 00:59:19,760 You don't have to live downtown or necessarily work 1339 00:59:19,760 --> 00:59:22,079 downtown, but most people have an interest 1340 00:59:22,079 --> 00:59:25,300 that are a part of this group. 1341 00:59:25,300 --> 00:59:29,159 This topic in particular has been the subject of more than 1342 00:59:29,159 --> 00:59:31,119 a couple meetings as well as 1343 00:59:31,119 --> 00:59:34,039 a retreat that we had earlier this year. 1344 00:59:34,039 --> 00:59:36,960 I actually serve as the chair of that downtown task force 1345 00:59:36,960 --> 00:59:38,880 and would be happy to talk to anyone 1346 00:59:38,880 --> 00:59:42,440 offline if you have any questions about this. 1347 00:59:42,440 --> 00:59:47,039 But at this time, it doesn't seem like as much work when 1348 00:59:47,039 --> 00:59:48,440 you present. 1349 00:59:48,440 --> 00:59:52,219 It's a lot of conversations and trying to utilize the TURS 1350 00:59:52,219 --> 00:59:54,360 fund, to utilize the downtown 1351 00:59:54,360 --> 00:59:58,929 task force and monies that can be used to this very 1352 00:59:58,929 --> 01:00:02,599 important economic area of Denton. 1353 01:00:02,599 --> 01:00:06,139 But if there are no questions or comments at this time, the 1354 01:00:06,139 --> 01:00:07,760 chair would entertain if 1355 01:00:07,760 --> 01:00:12,010 someone wants to make a motion to further recommend the 1356 01:00:12,010 --> 01:00:14,559 recommendations to council. 1357 01:00:14,559 --> 01:00:18,280 All right. 1358 01:00:18,280 --> 01:00:22,449 All those in favor of these recommendations, please signify 1359 01:00:22,449 --> 01:00:23,639 by saying aye. 1360 01:00:23,639 --> 01:00:26,280 All those opposed say nay. 1361 01:00:26,280 --> 01:00:27,840 And the motion carries unanimously. 1362 01:00:27,840 --> 01:00:30,840 Thank you, Ms. Clever. 1363 01:00:30,840 --> 01:00:31,760 All right. 1364 01:00:31,760 --> 01:00:33,360 So it is afternoon noon. 1365 01:00:33,360 --> 01:00:36,469 Are we moving to -- >> I have the follow-up piece of 1366 01:00:36,469 --> 01:00:37,280 information. 1367 01:00:37,280 --> 01:00:41,079 >> Caroline Booth has a follow-up note to her earlier 1368 01:00:41,079 --> 01:00:43,360 presentation at this time. 1369 01:00:43,360 --> 01:00:45,730 >> Mr. Fikes, you asked about the amount of money that was 1370 01:00:45,730 --> 01:00:47,159 coming out of the budget because 1371 01:00:47,159 --> 01:00:49,960 of those three terminated incentives. 1372 01:00:49,960 --> 01:00:52,800 Total amount is $141,000. 1373 01:00:52,800 --> 01:00:58,519 So there's a number for you on that. 1374 01:00:58,519 --> 01:01:01,079 >> Okay. 1375 01:01:01,079 --> 01:01:05,760 Moving on to EDP 18-038, staff reports. 1376 01:01:05,760 --> 01:01:11,000 Shall we move to staff reports at this time or table those? 1377 01:01:11,000 --> 01:01:14,590 >> I think depending on what the body is interested in 1378 01:01:14,590 --> 01:01:16,840 doing, you all have the staff reports in 1379 01:01:16,840 --> 01:01:17,840 your backup. 1380 01:01:17,840 --> 01:01:20,980 We'd be glad to answer questions, but in the interest of 1381 01:01:20,980 --> 01:01:23,400 time, we could forego the presentation 1382 01:01:23,400 --> 01:01:26,400 up to the group. 1383 01:01:26,400 --> 01:01:30,119 >> All right. 1384 01:01:30,119 --> 01:01:31,119 All in favor? 1385 01:01:31,119 --> 01:01:32,119 Okay. 1386 01:01:32,119 --> 01:01:35,000 Well, with that, I don't believe there's any need for a 1387 01:01:35,000 --> 01:01:36,079 closed meeting. 1388 01:01:36,079 --> 01:01:37,079 Am I correct? 1389 01:01:37,079 --> 01:01:38,079 Okay. 1390 01:01:38,079 --> 01:01:41,789 Well, with that, unless there's anything else, I believe we 1391 01:01:41,789 --> 01:01:44,519 -- yes, Mr. Fikes. 1392 01:01:44,519 --> 01:01:48,889 >> With the continuation of property sales in the 1393 01:01:48,889 --> 01:01:52,119 industrial zone, I'd like to have a 1394 01:01:52,119 --> 01:01:58,690 review of industrial property available within the city 1395 01:01:58,690 --> 01:02:02,039 limits, not in the extra. 1396 01:02:02,039 --> 01:02:05,800 So we can see where we're growing and where we need to grow 1397 01:02:05,800 --> 01:02:06,559 to next. 1398 01:02:06,559 --> 01:02:11,010 >> Okay, I think we could pull together a map of the 1399 01:02:11,010 --> 01:02:14,519 currently zoned areas for industrial 1400 01:02:14,519 --> 01:02:18,860 and with the updates to the code and zoning, kind of do a 1401 01:02:18,860 --> 01:02:21,480 little bit of future projection 1402 01:02:21,480 --> 01:02:22,840 about where that's going. 1403 01:02:22,840 --> 01:02:29,360 So we'll put that on the agenda either for July or August. 1404 01:02:29,360 --> 01:02:33,050 We might have a very full agenda in July with incentive 1405 01:02:33,050 --> 01:02:35,219 requests, so -- but we will add 1406 01:02:35,219 --> 01:02:36,719 it to the future matrix. 1407 01:02:36,719 --> 01:02:39,969 >> We need to look because one of the things that's going 1408 01:02:39,969 --> 01:02:43,119 on, Sanger has got several buildings, 1409 01:02:43,119 --> 01:02:46,260 spec buildings being built right now north of the Walmart 1410 01:02:46,260 --> 01:02:48,400 distribution center and Gainesville 1411 01:02:48,400 --> 01:02:52,869 is continuing to push hard for their economic development 1412 01:02:52,869 --> 01:02:53,760 as well. 1413 01:02:53,760 --> 01:02:55,440 And they're growing up there. 1414 01:02:55,440 --> 01:03:00,340 And then McKinney in their 2040 plan this week announced 1415 01:03:00,340 --> 01:03:03,000 that they're looking at enlarging 1416 01:03:03,000 --> 01:03:07,000 their city limits and how they're going to start allocating 1417 01:03:07,000 --> 01:03:07,960 property. 1418 01:03:07,960 --> 01:03:11,239 >> Lots of competition. 1419 01:03:11,239 --> 01:03:13,239 All right. 1420 01:03:13,239 --> 01:03:16,480 With that, if there's no other business, the regular 1421 01:03:16,480 --> 01:03:19,400 meeting is adjourned at 1206 p.m.