WEBVTT

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Good morning, I'm Caroline Booth.

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I'm the Director of Economic Development here with the City

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of Denton and we do have a quorum

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for this meeting of the Economic Development Partnership

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Board and I will call the meeting

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to order at 1104 AM.

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Our first order of business today is going to be to ask our

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board members to nominate

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a temporary chairperson for today because our chair and

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vice chair are both absent.

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So I will open the floor for suggestions of a temporary

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chair.

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Ms. Carol Ann Simmons.

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I would nominate Jill Jester to be our temporary chair

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today.

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I will second that.

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Okay, second from Councilwoman Briggs and I will call for a

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vote.

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All those in favor, please signify by raising your right

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hand.

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Okay, looks like that carries.

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So I think I'm going to scooch out of the chair chair and

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let Jill Jester come and take

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this spot.

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I have to go up to the podium anyway.

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I've been preparing for this day obviously for a long time.

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I do have a song just in case this ever happens that I've

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prepared.

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I am going to need some backup so I have called on UNT's 1

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o'clock lab band.

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They should be here.

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They didn't know.

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They're marching here.

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That was my request.

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Health is so important and I thought for them to move a

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little more might be good.

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Thank you very much and we will begin going down the

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meeting agenda of the Economic Development

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Partnership Board.

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Today is Wednesday, June 13, 2018.

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We will begin with our items for consideration.

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Approval of the minutes of our last meeting which were

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dispersed prior to today's meeting.

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If anyone has any comments, now would be the time to speak

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up and those were the minutes

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of the May 9, 2018 meeting.

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If not, I'll accept.

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Yes, ma'am.

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Thank you.

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Carolyn.

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I just want to make sure that everybody remembers that we

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are going to be actually recording

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not just the numbers when we take votes now but we will be

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recording the way each member

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votes.

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This has become standard procedure for council meetings and

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other boards and commission meetings

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so that's just a change to make you all aware of and if we

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have any discussion or questions

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about it, we're glad to entertain that but just so everyone

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knows going forward.

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Thank you for that clarification, Mrs. Booth.

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So at this time, is there a motion concerning approval of

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the minutes of May 9, 2018 meeting?

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So moved.

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All right.

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You're taking all this down.

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Okay.

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I think we have Mr. Eames down.

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Is that right?

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And then a second.

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We have a second over here.

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All those in favor, please signify by saying aye.

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Aye.

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I guess we need a raise of hands for okay.

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I think we're good.

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All those opposed, same sign and the motion carries.

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Moving on to items for consideration B, receive a report,

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hold a discussion and give staff

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direction regarding the fiscal year 2018-19 budgets for the

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City of Denton's Department

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of Economic Development and the Denton Chamber of Commerce

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's Office of Economic Development.

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I'm assuming since our director of the city's economic

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development group is here that we

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will begin with you.

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Thank you very much.

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I appreciate the introduction.

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And as I just so recently said, I am Caroline Booth,

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director of economic development with

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the City of Denton.

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And I will be walking you through our departmental budget

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presentation.

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The slides are included in your backup.

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So please feel free to follow along there if you would like

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.

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We are going to get started by talking about the exciting

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year that we have already had

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in fiscal year 17-18 with some of the accomplishments that

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we have achieved to date.

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The first one that I want to mention is that we did

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transition the management of the Stoke

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Denton Entrepreneur Center to a company called Hickory and

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Rail Ventures, which is a Denton

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owned company that has deep ties to Denton's tech community

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.

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We are going to be providing a mid-year update regarding

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the performance of Stoke to the

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council I believe on Friday of this week.

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And we can also make that available to this group if you

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all are interested in seeing

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that.

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Again, this group is going to be familiar with these couple

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of projects, but we did

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locate US Cold Storage and expand Fisher 59 here in Denton.

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And both of these are great examples of the collaboration

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between the Denton Chamber of

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Commerce and the City of Denton through the economic

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development partnership, especially

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with US Cold Storage project that worked exactly like it's

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supposed to.

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The contact came through us via Adam and Karen's work at

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the Chamber and then was carried through

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the process by city staff with collaboration throughout.

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So that's a very positive project.

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And I think it's important to point out that together these

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two projects are going to add

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about $40 million in new value for the City of Denton.

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So that's a very significant accomplishment that we can be

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proud of that we worked on

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together.

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We've also increased the year-over-year participation in

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our small business programs, including

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the Shop Here On Purpose Denton program.

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We have launched a couple of new outreach efforts this year

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, including Denton Development,

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which is our video series that the economic development

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department works on with our public

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communications office, and those air on DTV and are also

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available on our YouTube channel.

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And I write a monthly column for the Denton Business Chron

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icle, and we've done about 10

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of those this year.

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So those are fun efforts for us to work on because it's

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very important as economic developers

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that we are educating our community about what it is that

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we do and the role that we

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play here in Denton.

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We also have implemented new performance measures for the

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department.

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I'm so sorry to interrupt you, but we're going to have a

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question or comment from Councilwoman

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Briggs at this time.

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So on the articles for the Denton Business Chronicle, is on

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the economic development

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website under the city, is there a link to those?

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We don't have a link up there.

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That's a good suggestion.

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So I think Christina Davis is watching somewhere out there

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in CVLands, and I can ask her to

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help us out with getting those linked.

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It would be nice to have those archived somewhere so people

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could just go back and read them.

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Okay.

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Thank you very much for the suggestion.

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And while we're stopped, I just want to say that I really

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enjoy those, and I think it

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is very important to educate the public as to why we do the

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things that we do and tell

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the whole story.

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So I think they've been helpful for me personally, so I can

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't think they've been helpful for

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lots of others too.

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I appreciate that.

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So just wrapping up with the accomplishments, we did

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implement several new performance measures

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for the department this year for a total of 17 total

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performance measures.

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Some of the ones that we added for the first time this year

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include tracking the business

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assistance that we provide, and that is a separate and

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apart category from our recruitment

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or our business retention.

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But these are when we're contacted, we have walk-ins, we

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have folks who email us, we have

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we field phone calls, and I'll show you the numbers on that

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.

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But that's been a great thing for us to purposefully track

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to just see how much time we're investing

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in providing those kinds of services to our community.

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We've also added tracking of the number of workforce

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development activities that we're

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engaged in, as well as the number of business retention

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visits both inside and outside of

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downtown.

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And here are some of the numbers that are attached to those

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particular metrics, and

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this is not obviously all 17, but these are some that I

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would like to highlight for y'all.

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We do have a target of RFPs returned in our target industry

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sectors that we respond to

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from the state leads and the Dallas Regional Chamber leads.

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The target there is 20, and in the first two quarters of

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the year, we have responded to

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7, and those are, again, specifically in our target

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industry sectors.

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We do work direct leads as well, as we have discussed

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before with this group.

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We have got 16 of those in the first two quarters that we

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have worked, and we've actually, from

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those direct leads, we have actually scheduled and

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completed four site visits.

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So that's a great number to be able to share with you all.

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As far as the workforce development activities, you can see

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that our target is 12, and that

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in the first two quarters, we have actually engaged in 31

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of those activities, which is

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a lot more than we were even shooting for.

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But what we realized is that every single one of our

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business retention visits that

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we go on, workforce development needs to be a component of

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those visits, and so we are

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talking to or bringing our workforce development partners

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with us on those visits, and that's

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how we've been able to achieve that high of a number.

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Just to update you guys on some of the grants that are

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actually in place or that have been

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applied for as part of those efforts, Jostens has received

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a $600,000 workforce training

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grant.

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Peterbilt has received a $500,000 training grant.

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Applications have been submitted by some of our smaller

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businesses, too.

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It's a little bit of a different program than the larger

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businesses are eligible for, but

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Tommy's High Tech Auto, Sleeping Lizards, and Basals Off

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the Square have all applied for

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those workforce development grants for smaller companies,

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and those three are directly a

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result of business retention visits during which that topic

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is discussed.

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So we're very, very pleased to be able to connect people

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with those resources on those

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visits.

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Downtown redevelopment, we are shooting for six.

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We've already got six that have been done in the first and

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second quarter to date, and

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you can see that we're working on our BRE visits.

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We've had a number of those in the third quarter, but we're

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not completed with that quarter

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yet, so we'll have to hold off on that for an end-of-the-

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year report.

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But we're getting to the business assistance provided

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number there, and you can see that

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we're logging that in at 239 instances of business

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assistance provided to date, and

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that's everybody on my staff who is fielding those calls,

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walk-ins, answering emails, and

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again, I think this is a great service that we're providing

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to our community.

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We've also seen a significant increase in participation in

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small business programs,

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almost a 30% increase over what we saw in fiscal year '16

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and '17.

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That's primarily due to increased recruitment for

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participation in Shop Small Saturday,

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and we were just very pleased with the increased

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participation there in that program, and we'll

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be shooting to do the same thing again this November on

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Shop Small Saturday.

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Does anybody have questions?

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Oh, sorry.

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The chair recognizes Mr. Fikes.

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In the participation of small businesses, the percentage of

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increase, how many of those

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are new businesses and how many of them were existing prior

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to?

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You mean brand new businesses in the community?

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I would say it's a pretty small number.

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I don't have that right at hand, but it's primarily we

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increased our outreach to existing

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businesses all around the community.

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I think in the past, more of the focus for Shop Small

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Saturday has been on small businesses

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or Shop Small Saturday has been in the downtown area, and

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so we purposefully went out to some

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of our other retail centers and wanted to seek

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participation there.

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We even had folks who are small businesses located inside

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Golden Triangle Mall participating

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this year.

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So I think it's, to answer your question without having the

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exact numbers, it's really more

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of an outreach to existing businesses and other parts of

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the community.

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Councilman Briggs?

00:12:55.840 --> 00:13:00.840
On the small business programs, does it also include the

00:13:00.840 --> 00:13:04.080
participation in the small business

00:13:04.080 --> 00:13:08.039
group development at the library?

00:13:08.039 --> 00:13:10.820
We don't count that in our numbers because that's a program

00:13:10.820 --> 00:13:11.759
at the library.

00:13:11.759 --> 00:13:15.279
We do collaborate with the library on their business

00:13:15.279 --> 00:13:16.200
programs.

00:13:16.200 --> 00:13:20.340
We refer back and forth and try to do cross promotion, but

00:13:20.340 --> 00:13:22.600
we're not counting what they're

00:13:22.600 --> 00:13:28.840
doing in those numbers.

00:13:28.840 --> 00:13:32.700
So we do have, of course, goals that we have set for this

00:13:32.700 --> 00:13:34.600
upcoming fiscal year.

00:13:34.600 --> 00:13:37.110
One of those is to complete the revision of the public

00:13:37.110 --> 00:13:39.159
improvement district guidelines,

00:13:39.159 --> 00:13:42.870
which this group did recommend to council at your meeting

00:13:42.870 --> 00:13:44.639
last month, and we plan to

00:13:44.639 --> 00:13:48.990
be bringing that to the city council on June 19th for a

00:13:48.990 --> 00:13:50.360
work session.

00:13:50.360 --> 00:13:53.679
And then our hope is to bring it forward for a vote shortly

00:13:53.679 --> 00:13:55.440
after that so we can complete

00:13:55.440 --> 00:13:57.679
that process.

00:13:57.679 --> 00:14:00.450
We're also going to be working on leveraging Denton's

00:14:00.450 --> 00:14:02.820
designation as a music-friendly community

00:14:02.820 --> 00:14:07.440
and a film-friendly community to just kind of see how we

00:14:07.440 --> 00:14:09.960
can grow and emphasize those

00:14:09.960 --> 00:14:14.480
particular aspects of arts and culture in Denton.

00:14:14.480 --> 00:14:17.649
We are working very diligently on streamlining the

00:14:17.649 --> 00:14:20.399
operations of the Public Art Committee.

00:14:20.399 --> 00:14:26.840
This committee came under our direction in February of this

00:14:26.840 --> 00:14:30.440
year, and they have significant

00:14:30.440 --> 00:14:35.149
authority over both funds that come to public art through

00:14:35.149 --> 00:14:38.080
the hotel occupancy tax program,

00:14:38.080 --> 00:14:42.799
as well as through bond programs from 2012 and 2014.

00:14:42.799 --> 00:14:45.429
So it is a recommending body, but they do have a

00:14:45.429 --> 00:14:47.960
significant responsibility in how those

00:14:47.960 --> 00:14:50.559
funds get spent in the community.

00:14:50.559 --> 00:14:54.299
So we are working hard with them and working projects

00:14:54.299 --> 00:14:57.120
through the city's purchasing process

00:14:57.120 --> 00:15:01.279
to make sure we see those public art projects come to

00:15:01.279 --> 00:15:02.399
fruition.

00:15:02.399 --> 00:15:05.720
We are also working on the Texas Commission on the Arts

00:15:05.720 --> 00:15:07.720
Cultural District program.

00:15:07.720 --> 00:15:10.370
We have an informal advisory committee that's been formed,

00:15:10.370 --> 00:15:11.720
and in fact, they're having

00:15:11.720 --> 00:15:13.960
their second meeting this evening.

00:15:13.960 --> 00:15:17.429
And what that program will do is open up a new avenue for

00:15:17.429 --> 00:15:19.559
promotion and for grant funding

00:15:19.559 --> 00:15:22.620
for arts within the cultural district, should that be

00:15:22.620 --> 00:15:24.840
something that we end up moving forward

00:15:24.840 --> 00:15:26.580
with as a city.

00:15:26.580 --> 00:15:29.129
And then of course, we're going to continue implementing

00:15:29.129 --> 00:15:30.879
and expanding our business retention

00:15:30.879 --> 00:15:37.590
and expansion program, which has just been so ... It's been

00:15:37.590 --> 00:15:40.480
so great to build up existing

00:15:40.480 --> 00:15:43.500
relationships, establish new relationships, help businesses

00:15:43.500 --> 00:15:44.919
feel like the city is invested

00:15:44.919 --> 00:15:46.100
in their success.

00:15:46.100 --> 00:15:49.759
So we're definitely going to keep moving forward with that.

00:15:49.759 --> 00:15:50.759
Yes.

00:15:50.759 --> 00:15:51.759
I'm sorry.

00:15:51.759 --> 00:15:54.879
We've got two questions or comments.

00:15:54.879 --> 00:15:56.679
We'll start with Councilwoman Briggs.

00:15:56.679 --> 00:16:00.019
So I guess it may be something I need to request later if

00:16:00.019 --> 00:16:02.240
you don't have it, but I'm curious

00:16:02.240 --> 00:16:04.690
about the Public Art Committee, because I think it's a

00:16:04.690 --> 00:16:05.360
great fit.

00:16:05.360 --> 00:16:11.190
But if someone says, "Well, public art isn't an economic

00:16:11.190 --> 00:16:14.320
development part of the city,"

00:16:14.320 --> 00:16:17.200
what would you say to them, or how can you correlate the

00:16:17.200 --> 00:16:17.960
two for us?

00:16:17.960 --> 00:16:21.429
That may be something you follow up with us on, but that

00:16:21.429 --> 00:16:23.480
was kind of a conversation that

00:16:23.480 --> 00:16:24.759
was had recently.

00:16:24.759 --> 00:16:27.840
So if you could weigh in on that.

00:16:27.840 --> 00:16:34.279
Denton is an arts community by its identity and by its

00:16:34.279 --> 00:16:35.799
economy.

00:16:35.799 --> 00:16:40.769
We have a huge asset in Denton as far as UNT's College of

00:16:40.769 --> 00:16:44.639
Music, but there are so many businesses

00:16:44.639 --> 00:16:48.960
that support our arts and music scene here in Denton.

00:16:48.960 --> 00:16:51.980
And it's not just the performance venues, but it's music

00:16:51.980 --> 00:16:54.000
stores, it's recording studios,

00:16:54.000 --> 00:16:57.360
it's artists who are making and selling visual artwork in

00:16:57.360 --> 00:16:58.480
the community.

00:16:58.480 --> 00:17:02.639
So something that I would like to do is actually work on

00:17:02.639 --> 00:17:06.220
building a business case for commissioning

00:17:06.220 --> 00:17:10.240
a study of both our nonprofit and for-profit arts and

00:17:10.240 --> 00:17:12.880
culture industry, so that we can

00:17:12.880 --> 00:17:16.730
actually back up what we sort of all know anecdotally to be

00:17:16.730 --> 00:17:18.680
true with some hard numbers

00:17:18.680 --> 00:17:22.049
about the significance of arts and culture to our local

00:17:22.049 --> 00:17:22.839
economy.

00:17:22.839 --> 00:17:26.640
So I think there absolutely is a tie.

00:17:26.640 --> 00:17:31.470
And in fact, our office is already shepherding the music-

00:17:31.470 --> 00:17:34.400
friendly community program, the

00:17:34.400 --> 00:17:36.559
film-friendly community program.

00:17:36.559 --> 00:17:41.549
And so I think adding in the visual and performing arts

00:17:41.549 --> 00:17:44.160
locally is a natural tie.

00:17:44.160 --> 00:17:47.460
So we've also looked into some other departments or some

00:17:47.460 --> 00:17:49.980
other economic development departments

00:17:49.980 --> 00:17:54.559
in other cities that are similar to Denton.

00:17:54.559 --> 00:17:58.480
And a number of those departments of economic development

00:17:58.480 --> 00:18:00.680
do have direct involvement with

00:18:00.680 --> 00:18:01.859
arts and culture.

00:18:01.859 --> 00:18:04.859
So I think there's a precedent here with things we're

00:18:04.859 --> 00:18:07.200
already doing, and there are precedents

00:18:07.200 --> 00:18:10.079
in other similar communities.

00:18:10.079 --> 00:18:11.079
There's a follow-up?

00:18:11.079 --> 00:18:17.480
And would that request for a study come from this board?

00:18:17.480 --> 00:18:19.759
I'm not sure of the answer to that.

00:18:19.759 --> 00:18:23.359
I mean, I think perhaps it could, but I don't think it

00:18:23.359 --> 00:18:24.920
necessarily has to.

00:18:24.920 --> 00:18:28.269
I haven't-- this is just something I started kicking around

00:18:28.269 --> 00:18:30.200
in my mind a couple weeks ago,

00:18:30.200 --> 00:18:31.759
so it's not really fully formed.

00:18:31.759 --> 00:18:33.759
OK, thank you.

00:18:33.759 --> 00:18:35.960
Mr. Fikes, did you have a question or comment?

00:18:35.960 --> 00:18:36.960
Yes.

00:18:36.960 --> 00:18:41.099
Of the goals that you have up there, what percentage of

00:18:41.099 --> 00:18:43.759
time and resources will be devoted

00:18:43.759 --> 00:18:48.799
to all of those individually?

00:18:48.799 --> 00:18:51.640
I don't have an answer to that.

00:18:51.640 --> 00:18:54.470
I'm going to show you a slide later on that kind of breaks

00:18:54.470 --> 00:18:56.119
down my department's area of

00:18:56.119 --> 00:18:59.559
work into six different areas.

00:18:59.559 --> 00:19:05.680
And we really strive to balance those different areas.

00:19:05.680 --> 00:19:08.559
And some of them will take priority at different times and

00:19:08.559 --> 00:19:10.200
consume a little bit more of our

00:19:10.200 --> 00:19:11.279
time.

00:19:11.279 --> 00:19:15.930
But because we do have a broad range of responsibilities,

00:19:15.930 --> 00:19:18.759
we have to consistently evaluate how we're

00:19:18.759 --> 00:19:22.819
spending our time within our department to cover all the

00:19:22.819 --> 00:19:25.400
responsibilities that we have.

00:19:25.400 --> 00:19:29.759
So I have a breakdown internally for my management purposes

00:19:29.759 --> 00:19:32.559
of my staff about how people allocate

00:19:32.559 --> 00:19:33.559
their time.

00:19:33.559 --> 00:19:37.410
But I haven't allocated the time that we're going to spend

00:19:37.410 --> 00:19:39.359
on goals in that same way.

00:19:39.359 --> 00:19:46.450
My concern is that we water down one of the big things that

00:19:46.450 --> 00:19:50.079
we should be looking at, and

00:19:50.079 --> 00:19:52.079
that's the business retention and expansion.

00:19:52.079 --> 00:19:55.549
I think that should be number one in the goals and

00:19:55.549 --> 00:19:58.599
objectives of the economic development

00:19:58.599 --> 00:19:59.599
group.

00:19:59.599 --> 00:20:04.559
And I'm afraid that while these other things fit, do they

00:20:04.559 --> 00:20:07.359
have the same level of economic

00:20:07.359 --> 00:20:12.440
impact as the expansion and retention of businesses?

00:20:12.440 --> 00:20:14.519
Okay, I appreciate the comments.

00:20:14.519 --> 00:20:19.480
And these are not intended to be sort of priority listing.

00:20:19.480 --> 00:20:22.880
That just happened to be where retention and expansion fell

00:20:22.880 --> 00:20:23.799
on the list.

00:20:23.799 --> 00:20:25.599
But I appreciate the comments.

00:20:25.599 --> 00:20:29.859
And as I said, we do strive to appropriately balance and

00:20:29.859 --> 00:20:31.559
allocate our time.

00:20:31.559 --> 00:20:35.029
And my personal opinion is that none of our activities

00:20:35.029 --> 00:20:37.119
related to arts and culture are

00:20:37.119 --> 00:20:41.509
in any way detracting from our efforts in business

00:20:41.509 --> 00:20:44.119
retention and expansion.

00:20:44.119 --> 00:20:47.359
I think Mr. Michael, did you have a question or comment?

00:20:47.359 --> 00:20:50.329
I know that we have economic development and research

00:20:50.329 --> 00:20:52.680
capabilities at the university related

00:20:52.680 --> 00:20:57.460
to arts, both college of visual arts as well as music.

00:20:57.460 --> 00:21:00.730
So if you're looking for people for helping with that study

00:21:00.730 --> 00:21:02.599
, we would certainly be willing

00:21:02.599 --> 00:21:04.839
to entertain how we can work together to help them.

00:21:04.839 --> 00:21:05.839
Great.

00:21:05.839 --> 00:21:06.839
Thank you.

00:21:06.839 --> 00:21:07.839
Steve Edgar?

00:21:07.839 --> 00:21:12.500
On the bullet around the public art committee, streamline

00:21:12.500 --> 00:21:15.319
operations, that sounds to me like

00:21:15.319 --> 00:21:18.720
an expense management or expense reduction.

00:21:18.720 --> 00:21:22.779
So is that trying to identify what other departments within

00:21:22.779 --> 00:21:25.079
the city can perhaps take on or realize

00:21:25.079 --> 00:21:26.079
some economies?

00:21:26.079 --> 00:21:28.869
No, it's streamlining really in terms of time, which

00:21:28.869 --> 00:21:30.599
ultimately equates to money.

00:21:30.599 --> 00:21:33.839
That committee, unfortunately, records were not being kept.

00:21:33.839 --> 00:21:36.039
The meetings weren't being run efficiently.

00:21:36.039 --> 00:21:40.859
So we're correcting processes and making sure that we are

00:21:40.859 --> 00:21:43.680
being efficient with both staff

00:21:43.680 --> 00:21:49.640
and volunteer time in the running of that committee.

00:21:49.640 --> 00:21:55.289
So it really comes down to a time savings issue and making

00:21:55.289 --> 00:21:58.880
sure that we're doing appropriate

00:21:58.880 --> 00:22:02.589
record keeping and managing our interactions with the

00:22:02.589 --> 00:22:05.240
purchasing department in the process

00:22:05.240 --> 00:22:08.279
of procuring the art appropriately.

00:22:08.279 --> 00:22:10.279
So, okay.

00:22:10.279 --> 00:22:12.279
Anybody else?

00:22:12.279 --> 00:22:13.279
No.

00:22:13.279 --> 00:22:14.279
Okay.

00:22:14.279 --> 00:22:17.839
Thank you.

00:22:17.839 --> 00:22:21.910
So the budget emphasis is a new slide this year that the

00:22:21.910 --> 00:22:24.279
finance department has added

00:22:24.279 --> 00:22:25.279
to our presentation.

00:22:25.279 --> 00:22:29.279
But I think that it's a really important one to make sure

00:22:29.279 --> 00:22:31.839
that each department is thinking

00:22:31.839 --> 00:22:36.599
about why they do what they do and what motivates them to

00:22:36.599 --> 00:22:38.119
do their work.

00:22:38.119 --> 00:22:41.869
And our department promotes economic vitality and shared

00:22:41.869 --> 00:22:43.519
prosperity in Denton.

00:22:43.519 --> 00:22:47.609
And we do that primarily by working in these six areas that

00:22:47.609 --> 00:22:49.119
are shown up here.

00:22:49.119 --> 00:22:51.720
I'm not going to read through each of them.

00:22:51.720 --> 00:22:52.720
You can see the slide.

00:22:52.720 --> 00:22:54.279
You have it in your backup.

00:22:54.279 --> 00:22:58.420
But I did add a little bit of detail about what fits under

00:22:58.420 --> 00:23:00.640
each of these categories.

00:23:00.640 --> 00:23:04.950
So you can see that we are definitely balancing a lot of

00:23:04.950 --> 00:23:07.799
different types of activities.

00:23:07.799 --> 00:23:10.950
But they're all important for the overall economic health

00:23:10.950 --> 00:23:12.839
and vitality of the community.

00:23:12.839 --> 00:23:17.440
Does anybody have any questions about this one?

00:23:17.440 --> 00:23:19.240
Okay.

00:23:19.240 --> 00:23:22.279
FTEs.

00:23:22.279 --> 00:23:24.839
We have 5.75 FTEs.

00:23:24.839 --> 00:23:27.700
I think most people are familiar with the fact that Erica

00:23:27.700 --> 00:23:29.720
Sullivan, our economic development

00:23:29.720 --> 00:23:33.359
analyst, is a three quarter time employee.

00:23:33.359 --> 00:23:35.960
That increased to 6.75.

00:23:35.960 --> 00:23:40.119
That was shown in 1516 and 1617.

00:23:40.119 --> 00:23:43.740
That was a position that was authorized, but we never

00:23:43.740 --> 00:23:46.039
filled it because we didn't end up

00:23:46.039 --> 00:23:47.400
needing to.

00:23:47.400 --> 00:23:50.799
So even though the FTE showed up, we did not hire it.

00:23:50.799 --> 00:23:56.160
And we've readjusted it back to 5.75 for this current year

00:23:56.160 --> 00:23:58.660
and the year going forward.

00:23:58.660 --> 00:24:03.690
Our staffing is the same as it has been for the past few

00:24:03.690 --> 00:24:04.680
years.

00:24:04.680 --> 00:24:08.910
And I did include a little bit of detail about how we are

00:24:08.910 --> 00:24:11.559
in general allocating people's

00:24:11.559 --> 00:24:17.079
responsibilities within those six areas that we work in.

00:24:17.079 --> 00:24:20.809
And I want to take this opportunity to make sure that I

00:24:20.809 --> 00:24:22.480
recognize my staff.

00:24:22.480 --> 00:24:24.920
They're all phenomenal.

00:24:24.920 --> 00:24:27.599
Only a couple of them are in the room.

00:24:27.599 --> 00:24:29.920
But they work very hard.

00:24:29.920 --> 00:24:31.819
They're dedicated to what they're doing.

00:24:31.819 --> 00:24:33.970
That's part of why only a couple of them are in the room is

00:24:33.970 --> 00:24:35.440
because they're working on

00:24:35.440 --> 00:24:36.440
other things.

00:24:36.440 --> 00:24:41.559
And we have to be very efficient with our use of our time.

00:24:41.559 --> 00:24:45.480
And when folks in this group need support from each other,

00:24:45.480 --> 00:24:47.319
they are willing to ask.

00:24:47.319 --> 00:24:49.920
And everything we do is a great team effort.

00:24:49.920 --> 00:24:55.079
So I'm very proud of my staff.

00:24:55.079 --> 00:24:58.289
We also want to make sure that we're talking about our cost

00:24:58.289 --> 00:24:59.960
containment strategies.

00:24:59.960 --> 00:25:03.259
Because we already run very lean and we try to operate

00:25:03.259 --> 00:25:05.359
efficiently, some of these are

00:25:05.359 --> 00:25:08.960
going to be similar to the ones that you saw last year.

00:25:08.960 --> 00:25:12.819
These monthly meetings that we have between our Department

00:25:12.819 --> 00:25:15.200
of Economic Development, Finance

00:25:15.200 --> 00:25:17.559
and Legal have been incredibly beneficial.

00:25:17.559 --> 00:25:20.319
Again, a lot of it comes back to saving time and being

00:25:20.319 --> 00:25:22.400
efficient with the use of our time.

00:25:22.400 --> 00:25:25.799
So that communication is just invaluable.

00:25:25.799 --> 00:25:28.240
We've been doing those for a couple of years.

00:25:28.240 --> 00:25:32.579
And as of this month, we are actually adding engineering

00:25:32.579 --> 00:25:35.240
into that monthly meeting too,

00:25:35.240 --> 00:25:38.529
because of all of the large scale projects that we either

00:25:38.529 --> 00:25:40.160
have underway or see coming

00:25:40.160 --> 00:25:41.160
down the pike.

00:25:41.160 --> 00:25:44.200
So they're going to be joining us in the future.

00:25:44.200 --> 00:25:46.500
And then we're also, of course, doing cross training

00:25:46.500 --> 00:25:48.000
between economic development and

00:25:48.000 --> 00:25:49.079
finance staff.

00:25:49.079 --> 00:25:51.960
This is related to the administration of incentives.

00:25:51.960 --> 00:25:55.730
We want to make sure that we have backup and verification

00:25:55.730 --> 00:25:57.960
between departments on that.

00:25:57.960 --> 00:26:00.710
As you heard me mention, our staff backs each other up and

00:26:00.710 --> 00:26:02.000
supports each other.

00:26:02.000 --> 00:26:04.859
And that is a result of some intentional cross training

00:26:04.859 --> 00:26:07.000
that we've been working on and continue

00:26:07.000 --> 00:26:09.839
to do and will continue into the next year.

00:26:09.839 --> 00:26:12.339
And again, fully leveraging our existing staff by looking

00:26:12.339 --> 00:26:13.960
at people's workloads, how they're

00:26:13.960 --> 00:26:16.900
allocating their time and making sure that we have

00:26:16.900 --> 00:26:19.640
everything evenly distributed and appropriately

00:26:19.640 --> 00:26:25.680
matched up with people's skills and abilities.

00:26:25.680 --> 00:26:27.559
Process improvements.

00:26:27.559 --> 00:26:32.109
We developed a system using an access data or using access

00:26:32.109 --> 00:26:34.880
database to track our performance

00:26:34.880 --> 00:26:38.160
measures because we do have so many that we have.

00:26:38.160 --> 00:26:40.519
17 is a lot.

00:26:40.519 --> 00:26:43.400
And we need to make sure that we're logging those things in

00:26:43.400 --> 00:26:43.599
.

00:26:43.599 --> 00:26:46.990
That also allows us to share information through that

00:26:46.990 --> 00:26:49.599
system instead of having to rely on as

00:26:49.599 --> 00:26:52.200
asking someone a question in case somebody is out.

00:26:52.200 --> 00:26:54.119
We can't talk to them directly.

00:26:54.119 --> 00:26:56.809
We can go to the database, pull up the last business

00:26:56.809 --> 00:26:59.000
retention visit with Morrison Milling

00:26:59.000 --> 00:27:02.359
and see what the notes were and the outcomes were on that.

00:27:02.359 --> 00:27:03.920
So that's been really great.

00:27:03.920 --> 00:27:05.420
And it was developed in-house.

00:27:05.420 --> 00:27:09.059
So that was a significant savings instead of going outside

00:27:09.059 --> 00:27:10.759
to purchase something.

00:27:10.759 --> 00:27:14.730
As far as our future process improvements, we are going to

00:27:14.730 --> 00:27:17.160
be intentional about documenting

00:27:17.160 --> 00:27:20.380
standard operating procedures for some of our critical

00:27:20.380 --> 00:27:21.279
functions.

00:27:21.279 --> 00:27:24.180
What I have found is a lot of the information is already

00:27:24.180 --> 00:27:24.759
there.

00:27:24.759 --> 00:27:27.450
It's just not pulled together in a centralized location in

00:27:27.450 --> 00:27:28.720
a standardized format.

00:27:28.720 --> 00:27:32.039
So we're going to be working on that this upcoming fiscal

00:27:32.039 --> 00:27:32.599
year.

00:27:32.599 --> 00:27:38.519
Anybody have any questions about any of those things?

00:27:38.519 --> 00:27:42.799
So we will move into revenue and expenditures here.

00:27:42.799 --> 00:27:46.390
These are just some of the things that I want to

00:27:46.390 --> 00:27:50.079
specifically emphasize out of the budget.

00:27:50.079 --> 00:27:54.480
We did have to terminate three Chapter 380 agreements.

00:27:54.480 --> 00:27:57.910
So those have fallen off the budget for the upcoming fiscal

00:27:57.910 --> 00:27:58.440
year.

00:27:58.440 --> 00:28:02.950
We are seeing some significant budgeted increases related

00:28:02.950 --> 00:28:06.359
to Chapter 380 incentives, WINCO,

00:28:06.359 --> 00:28:10.000
Razor Ranch, because the Southside is going to be coming on

00:28:10.000 --> 00:28:10.319
.

00:28:10.319 --> 00:28:13.640
And good news, you all might have read in the paper about

00:28:13.640 --> 00:28:16.000
the opening of Alamo Drafthouse.

00:28:16.000 --> 00:28:19.789
But what that does, besides giving us another great place

00:28:19.789 --> 00:28:21.880
to go enjoy movies and food, is

00:28:21.880 --> 00:28:25.569
that it takes Razor Ranch over their minimum threshold for

00:28:25.569 --> 00:28:27.680
the Southside to initiate their

00:28:27.680 --> 00:28:29.759
Chapter 380 incentive.

00:28:29.759 --> 00:28:33.930
Their threshold was 300,000 square feet, and Alamo Drafth

00:28:33.930 --> 00:28:36.440
ouse puts them at 310,000.

00:28:36.440 --> 00:28:40.430
So we will be meeting with them next week to discuss all of

00:28:40.430 --> 00:28:42.400
the documentation that we

00:28:42.400 --> 00:28:45.400
need to get from them to verify that.

00:28:45.400 --> 00:28:49.869
And then their incentive reimbursement will initiate on the

00:28:49.869 --> 00:28:51.000
Southside.

00:28:51.000 --> 00:28:55.420
O'Reilly, as you all know, is a complicated incentive with

00:28:55.420 --> 00:28:57.720
several different tools that

00:28:57.720 --> 00:29:00.839
make up their total incentive package.

00:29:00.839 --> 00:29:04.849
Their property has fully come online this year, so that's

00:29:04.849 --> 00:29:07.400
why you see that $1.3 million

00:29:07.400 --> 00:29:12.079
budgeted increase on this slide here.

00:29:12.079 --> 00:29:16.079
And then we are anticipating that Buc-E's will initiate in

00:29:16.079 --> 00:29:18.519
fiscal year '18-'19, and

00:29:18.519 --> 00:29:22.329
we're projecting about $187,000 that will be needed for

00:29:22.329 --> 00:29:24.039
their incentive in this first

00:29:24.039 --> 00:29:25.839
year.

00:29:25.839 --> 00:29:29.089
As I always like to point out, my departmental operations

00:29:29.089 --> 00:29:31.680
budget minus the Chapter 380 rebates

00:29:31.680 --> 00:29:34.680
is only about $100,000.

00:29:34.680 --> 00:29:39.519
State law mandates that Chapter 380 rebates be budgeted

00:29:39.519 --> 00:29:42.079
somewhere specifically, and so

00:29:42.079 --> 00:29:44.140
our method of doing that here in the City of Denton is to

00:29:44.140 --> 00:29:45.680
put them in the economic development

00:29:45.680 --> 00:29:46.680
budget.

00:29:46.680 --> 00:29:47.680
I'm so sorry.

00:29:47.680 --> 00:29:48.680
Yes, ma'am.

00:29:48.680 --> 00:29:49.680
Councilwoman Brooks.

00:29:49.680 --> 00:29:53.609
No, well, yeah, it's also the other screen, because that

00:29:53.609 --> 00:29:55.680
explains why I was like, why is

00:29:55.680 --> 00:29:56.680
that $5 million?

00:29:56.680 --> 00:29:57.680
That's why.

00:29:57.680 --> 00:29:58.680
Okay.

00:29:58.680 --> 00:29:59.680
Yeah.

00:29:59.680 --> 00:30:04.569
So that $5,099,000 is incentives that are going back to

00:30:04.569 --> 00:30:05.680
businesses?

00:30:05.680 --> 00:30:06.680
Yes.

00:30:06.680 --> 00:30:07.680
Okay.

00:30:07.680 --> 00:30:08.680
All right.

00:30:08.680 --> 00:30:09.680
Thank you.

00:30:09.680 --> 00:30:10.680
You're welcome.

00:30:10.680 --> 00:30:14.480
So again, this is kind of the summary budget slide, but

00:30:14.480 --> 00:30:16.839
down there in the corner, the bottom

00:30:16.839 --> 00:30:22.599
line is $5.9 million for our fiscal year '18-'19 budget,

00:30:22.599 --> 00:30:25.039
and as Councilmember Briggs pointed

00:30:25.039 --> 00:30:31.480
out, $5 million of that is related to Chapter 380

00:30:31.480 --> 00:30:33.039
incentives.

00:30:33.039 --> 00:30:35.839
Any questions about that?

00:30:35.839 --> 00:30:36.839
Mr. Fikes.

00:30:36.839 --> 00:30:41.779
Back on the other slide, how much did the canceled

00:30:41.779 --> 00:30:44.440
agreements return back?

00:30:44.440 --> 00:30:48.720
Oh, let's see.

00:30:48.720 --> 00:30:53.759
It was not a significant amount.

00:30:53.759 --> 00:30:58.329
I mean, I think those incentives probably ranged from $25,

00:30:58.329 --> 00:31:01.839
000 to $40,000 each of them,

00:31:01.839 --> 00:31:04.480
so it's not a significant amount overall.

00:31:04.480 --> 00:31:09.039
Victor shows the biggest, as I recall, of what it was.

00:31:09.039 --> 00:31:13.329
Yeah, I can follow up with, I'll send the group an email

00:31:13.329 --> 00:31:16.160
with that specific information.

00:31:16.160 --> 00:31:18.440
I just don't have it right here in my fingertips.

00:31:18.440 --> 00:31:21.920
I'd hate to misstate the total number, but it's not large.

00:31:21.920 --> 00:31:22.920
All right.

00:31:22.920 --> 00:31:23.920
Okay.

00:31:23.920 --> 00:31:30.230
And because everybody is understandably always interested

00:31:30.230 --> 00:31:34.039
in the detail of the Chapter 380

00:31:34.039 --> 00:31:38.460
rebates, I'm pulling those out here for you so that you can

00:31:38.460 --> 00:31:40.640
see the specific amounts that

00:31:40.640 --> 00:31:44.359
we're budgeting for this coming year for each of those.

00:31:44.359 --> 00:31:50.180
And again, this is in your backup, but just wanted to bring

00:31:50.180 --> 00:31:52.480
it to the forefront.

00:31:52.480 --> 00:31:56.039
Is it Denton Crossing falling off soon?

00:31:56.039 --> 00:31:58.920
It is.

00:31:58.920 --> 00:32:03.230
Fiscal year 19-20 is the last year for Denton Crossing, so

00:32:03.230 --> 00:32:06.160
that's going to turn back or

00:32:06.160 --> 00:32:12.960
prevent us rebating a pretty significant amount, $589,000.

00:32:12.960 --> 00:32:18.089
And also, fiscal year 18-19 is the last year for Slumberge

00:32:18.089 --> 00:32:20.400
's incentive, and that's not

00:32:20.400 --> 00:32:24.789
a significant amount in the grand scheme of things, but $60

00:32:24.789 --> 00:32:27.680
,000 is $60,000.

00:32:27.680 --> 00:32:32.359
Any other questions about any of this?

00:32:32.359 --> 00:32:36.359
Okay.

00:32:36.359 --> 00:32:40.119
And then because this is a great part of the story that

00:32:40.119 --> 00:32:42.519
often gets overlooked, this is

00:32:42.519 --> 00:32:48.720
my favorite slide, Chapter 380 Project Net Revenue.

00:32:48.720 --> 00:32:51.720
Please look at Denton Crossing and note that cumulative net

00:32:51.720 --> 00:32:53.119
revenue over the life of the

00:32:53.119 --> 00:32:58.180
incentive to the city, this is net, this is not gross, $19

00:32:58.180 --> 00:32:59.200
million.

00:32:59.200 --> 00:33:01.039
That's a good thing.

00:33:01.039 --> 00:33:04.519
Now I also want to make sure that everybody understands

00:33:04.519 --> 00:33:07.119
that even though for Denton Crossing,

00:33:07.119 --> 00:33:11.460
Unicorn Lake, Razor Ranch, those incentives are sales tax-

00:33:11.460 --> 00:33:12.220
based.

00:33:12.220 --> 00:33:15.819
We can't forget that those developments contribute a

00:33:15.819 --> 00:33:18.680
significant amount of ad valorem value as

00:33:18.680 --> 00:33:21.630
well, so that ad valorem value is included in this net

00:33:21.630 --> 00:33:23.799
revenue, even though the incentive

00:33:23.799 --> 00:33:26.799
is based on sales tax.

00:33:26.799 --> 00:33:30.269
So just that's the full picture of what we have going on

00:33:30.269 --> 00:33:30.880
here.

00:33:30.880 --> 00:33:36.710
So down there at the bottom, over $51 million have been

00:33:36.710 --> 00:33:40.359
generated from incentivized projects

00:33:40.359 --> 00:33:42.519
over the life of these projects.

00:33:42.519 --> 00:33:46.220
I think that's a great thing to realize and to bring to the

00:33:46.220 --> 00:33:47.240
forefront.

00:33:47.240 --> 00:33:50.880
Yes, oh sorry, Chair recognizes Mr. Fikes.

00:33:50.880 --> 00:33:56.150
Is there any way that you could get this into one of your

00:33:56.150 --> 00:33:58.559
newspaper articles?

00:33:58.559 --> 00:34:01.359
I think we could probably do that, yes.

00:34:01.359 --> 00:34:06.200
That would be awesome information to get out there.

00:34:06.200 --> 00:34:08.789
And when you get something on Buc-E's, if you could get

00:34:08.789 --> 00:34:10.360
that in there too, that would

00:34:10.360 --> 00:34:11.360
be good.

00:34:11.360 --> 00:34:12.360
Did you have a...

00:34:12.360 --> 00:34:13.360
Councilwoman Britz?

00:34:13.360 --> 00:34:18.349
I was going to do some math, I'm just curious if the $589,

00:34:18.349 --> 00:34:22.800
000, almost $600,000 came back

00:34:22.800 --> 00:34:26.760
each year since 2005 on DIN Crossing?

00:34:26.760 --> 00:34:30.750
I'm sorry, I don't think I'm understanding what you're

00:34:30.750 --> 00:34:31.599
asking.

00:34:31.599 --> 00:34:34.199
So 2005 was the year of the incentive?

00:34:34.199 --> 00:34:35.199
Uh-huh.

00:34:35.199 --> 00:34:38.059
Okay, and so since then, every year we've been giving them

00:34:38.059 --> 00:34:40.280
back almost $600,000 since

00:34:40.280 --> 00:34:41.280
2005.

00:34:41.280 --> 00:34:46.039
Is that anywhere, do we include what we've given back?

00:34:46.039 --> 00:34:49.280
I mean, is that net?

00:34:49.280 --> 00:34:52.079
Yeah, that's net of the incentive payment.

00:34:52.079 --> 00:34:53.079
After all that.

00:34:53.079 --> 00:34:56.920
Yeah, so this is the gross minus the incentive payment is

00:34:56.920 --> 00:34:59.480
what you're looking at right here.

00:34:59.480 --> 00:35:02.480
Awesome, thank you so much for your time.

00:35:02.480 --> 00:35:03.480
You're welcome, sure.

00:35:03.480 --> 00:35:07.329
Okay, that is the end of my presentation and I love all the

00:35:07.329 --> 00:35:09.719
questions that we've had while

00:35:09.719 --> 00:35:11.480
I've been going through it.

00:35:11.480 --> 00:35:13.849
You guys are always very engaged around the budget

00:35:13.849 --> 00:35:15.639
presentations and I appreciate that

00:35:15.639 --> 00:35:16.639
a lot.

00:35:16.639 --> 00:35:19.570
I would be glad to answer any other questions that you

00:35:19.570 --> 00:35:21.400
might have before I turn it over

00:35:21.400 --> 00:35:24.719
to Adam for his portion.

00:35:24.719 --> 00:35:25.719
Councilwoman Brooks?

00:35:25.719 --> 00:35:28.599
I have one more question because we didn't go over it, but

00:35:28.599 --> 00:35:30.000
on your actual budget there

00:35:30.000 --> 00:35:33.219
was a line item for rent and I'm just wondering what our

00:35:33.219 --> 00:35:35.760
department, your department is paying

00:35:35.760 --> 00:35:38.360
for rent since we're housed here?

00:35:38.360 --> 00:35:40.559
Just the Stoke facility rent.

00:35:40.559 --> 00:35:41.559
Oh, okay.

00:35:41.559 --> 00:35:42.559
Got you.

00:35:42.559 --> 00:35:43.559
Yes.

00:35:43.559 --> 00:35:44.559
Thank you.

00:35:44.559 --> 00:35:45.559
You're welcome.

00:35:45.559 --> 00:35:51.199
Any other questions or comments for Mrs. Booth?

00:35:51.199 --> 00:35:52.199
Thank you very much.

00:35:52.199 --> 00:35:53.199
Thank you.

00:35:53.199 --> 00:36:01.719
Adam with the economic development part of Denton's Chamber

00:36:01.719 --> 00:36:03.960
of Commerce.

00:36:03.960 --> 00:36:09.760
Hello everyone.

00:36:09.760 --> 00:36:14.360
Good morning.

00:36:14.360 --> 00:36:19.599
Good morning.

00:36:19.599 --> 00:36:27.070
Karen is passing out our, we had a small, a few pages that

00:36:27.070 --> 00:36:30.280
we had revised since you

00:36:30.280 --> 00:36:38.239
received your other packet.

00:36:38.239 --> 00:36:42.010
We have two full-time employees at the Chamber's Economic

00:36:42.010 --> 00:36:44.519
Development Office starting with the,

00:36:44.519 --> 00:36:46.670
well, starting with the Board of Directors and then there's

00:36:46.670 --> 00:36:47.639
a Vice President and then

00:36:47.639 --> 00:36:53.139
Karen is our Administrative Assistant who does a fantastic

00:36:53.139 --> 00:36:53.840
job.

00:36:53.840 --> 00:36:57.210
It's important to note that all of our funding from the

00:36:57.210 --> 00:36:59.480
city for the economic development

00:36:59.480 --> 00:37:02.380
budget only goes towards the Vice President and the

00:37:02.380 --> 00:37:04.679
Administrative Assistant's salaries

00:37:04.679 --> 00:37:06.039
and operations.

00:37:06.039 --> 00:37:08.510
So the Chamber and the President of the Chamber is

00:37:08.510 --> 00:37:10.760
completely separate out of a totally, two

00:37:10.760 --> 00:37:16.260
separate total accounts and everything is kept completely

00:37:16.260 --> 00:37:18.360
separate from them.

00:37:18.360 --> 00:37:22.619
Goals and accomplishments for 2017 and '18 fulfilled all

00:37:22.619 --> 00:37:24.679
deliverables in the City Chamber

00:37:24.679 --> 00:37:26.679
ED contract.

00:37:26.679 --> 00:37:31.360
29 prospects and leads were generated with a response rate

00:37:31.360 --> 00:37:33.039
of 93.1%.

00:37:33.039 --> 00:37:36.769
Six site visits from six different companies came as a

00:37:36.769 --> 00:37:39.440
result of those 29 prospects.

00:37:39.440 --> 00:37:42.500
Out of those six site visits, U.S. Cold Storage and Fisher

00:37:42.500 --> 00:37:44.800
59, as Caroline had mentioned earlier,

00:37:44.800 --> 00:37:47.719
were located and expanded here.

00:37:47.719 --> 00:37:51.980
It's important to note that those are direct results from a

00:37:51.980 --> 00:37:54.239
partnership between the City

00:37:54.239 --> 00:37:59.400
and the Chamber efforts.

00:37:59.400 --> 00:38:03.119
I wanted to make note just on how aggressive we are as a

00:38:03.119 --> 00:38:05.679
marketing organization and venue

00:38:05.679 --> 00:38:07.880
for the city.

00:38:07.880 --> 00:38:10.769
Recently we were, there's a group called the Team Texas

00:38:10.769 --> 00:38:12.639
group, which is a statewide marketing

00:38:12.639 --> 00:38:13.639
initiative.

00:38:13.639 --> 00:38:15.280
It's about 104 communities.

00:38:15.280 --> 00:38:16.280
It's pay to play.

00:38:16.280 --> 00:38:18.500
We pay into a state organization that's run out of Austin

00:38:18.500 --> 00:38:19.719
and we were recently asked,

00:38:19.719 --> 00:38:22.940
or I was recently asked to accept a board position on there

00:38:22.940 --> 00:38:24.400
and to accept that board

00:38:24.400 --> 00:38:27.670
position, you have to be one of the 20 top most aggressive

00:38:27.670 --> 00:38:29.280
communities in the state and

00:38:29.280 --> 00:38:33.659
you have to maintain activity and involvement with them as

00:38:33.659 --> 00:38:34.320
well.

00:38:34.320 --> 00:38:36.320
So I will accept that this coming Friday.

00:38:36.320 --> 00:38:37.320
Congratulations.

00:38:37.320 --> 00:38:38.320
Thank you.

00:38:38.320 --> 00:38:41.320
That's a great feather in our cap.

00:38:41.320 --> 00:38:43.960
Thank you.

00:38:43.960 --> 00:38:47.139
Also recently accepted a position as TDC's Workforce

00:38:47.139 --> 00:38:50.000
Development Committee representative.

00:38:50.000 --> 00:38:53.949
TDC is Texas Economic Development Corporation, which is

00:38:53.949 --> 00:38:55.719
also run out of Austin.

00:38:55.719 --> 00:38:58.750
We have three annual events, so I'll be working on their

00:38:58.750 --> 00:39:00.719
Workforce Development Committee as

00:39:00.719 --> 00:39:02.719
well.

00:39:02.719 --> 00:39:05.469
Conducting target marketing forums, conferences, events and

00:39:05.469 --> 00:39:07.280
professional development activities.

00:39:07.280 --> 00:39:10.710
As you all know, we do a lot of outbound marketing events,

00:39:10.710 --> 00:39:13.719
trade shows for target marketing missions,

00:39:13.719 --> 00:39:17.849
conferences, you know, everything that's mainly geared

00:39:17.849 --> 00:39:20.800
towards targeting site location consultants

00:39:20.800 --> 00:39:23.980
and anybody that works an expansion project that might have

00:39:23.980 --> 00:39:25.639
interest in the state of Texas

00:39:25.639 --> 00:39:29.210
and then further, you know, the expansion interest in DFW

00:39:29.210 --> 00:39:30.880
and then in Denton for that

00:39:30.880 --> 00:39:31.880
matter.

00:39:31.880 --> 00:39:35.760
Raise the number of private investors this year by four and

00:39:35.760 --> 00:39:37.559
the private investment by

00:39:37.559 --> 00:39:41.260
$3,500, which brings, I think we're at 66 total private

00:39:41.260 --> 00:39:42.559
investors now and we're somewhere

00:39:42.559 --> 00:39:48.480
around $68,000 in private investment.

00:39:48.480 --> 00:39:50.539
Increased involvement in website and social media

00:39:50.539 --> 00:39:51.199
activities.

00:39:51.199 --> 00:39:55.519
I have a separate site coming up on all of those separately

00:39:55.519 --> 00:39:55.840
.

00:39:55.840 --> 00:39:59.309
Continued networking, chamber events, EDP events, community

00:39:59.309 --> 00:40:02.239
involvement and professional development.

00:40:02.239 --> 00:40:06.199
It's a constant thing that is ongoing.

00:40:06.199 --> 00:40:09.639
We're constantly in front of the public and keeping

00:40:09.639 --> 00:40:11.920
companies like Peterbilt and Winko

00:40:11.920 --> 00:40:14.039
Foods surprised what we're doing and, you know, keeping

00:40:14.039 --> 00:40:15.280
them involved in the community

00:40:15.280 --> 00:40:19.000
and economic development and things like that.

00:40:19.000 --> 00:40:22.269
Then we completed the redesign and update of the DentonEDP.

00:40:22.269 --> 00:40:23.199
com website.

00:40:23.199 --> 00:40:24.780
Hopefully all of you by now have had a chance to look at

00:40:24.780 --> 00:40:25.079
that.

00:40:25.079 --> 00:40:27.769
We put a lot of time and effort into that and we update

00:40:27.769 --> 00:40:29.320
that every single month.

00:40:29.320 --> 00:40:31.739
We have about a 60-point checklist, two pages that we go

00:40:31.739 --> 00:40:33.239
through every single month, making

00:40:33.239 --> 00:40:36.260
sure that we have the most up-to-date data and contact that

00:40:36.260 --> 00:40:37.760
a site location consultant

00:40:37.760 --> 00:40:44.070
or a company executive would need in order to consider us

00:40:44.070 --> 00:40:47.880
for a future expansion location.

00:40:47.880 --> 00:40:50.159
Goals and accomplishments.

00:40:50.159 --> 00:40:52.949
Our comprehensive marketing plan for next year was

00:40:52.949 --> 00:40:54.840
presented to all of you here at the

00:40:54.840 --> 00:40:57.079
EDP board on November 8th.

00:40:57.079 --> 00:41:00.119
It was approved at that time.

00:41:00.119 --> 00:41:03.920
Monthly activity and cities, director of ED reports are due

00:41:03.920 --> 00:41:04.199
.

00:41:04.199 --> 00:41:07.440
We send those out to Caroline every single month.

00:41:07.440 --> 00:41:11.480
Those are specific reports that were requested of us in the

00:41:11.480 --> 00:41:13.719
city chamber contract, so she

00:41:13.719 --> 00:41:18.079
gets those every first Thursday or before of every month.

00:41:18.079 --> 00:41:21.429
Quarterly budget performance statements are -- we send

00:41:21.429 --> 00:41:22.920
those every quarter.

00:41:22.920 --> 00:41:26.730
Prospect leads as part of the city chamber contract for

00:41:26.730 --> 00:41:27.719
this year.

00:41:27.719 --> 00:41:32.630
We have to generate 42 new leads that were generated in

00:41:32.630 --> 00:41:35.480
terms -- or coming from marketing

00:41:35.480 --> 00:41:37.880
initiatives, I should say.

00:41:37.880 --> 00:41:38.880
Sorry.

00:41:38.880 --> 00:41:41.389
We're at 29 so far, and we are at two-thirds of the way

00:41:41.389 --> 00:41:43.320
through the year, so we are definitely

00:41:43.320 --> 00:41:45.679
on track to hit that number.

00:41:45.679 --> 00:41:48.360
Site visits out of those 22 -- or out of those 29, as I

00:41:48.360 --> 00:41:50.199
mentioned earlier, we're at six site

00:41:50.199 --> 00:41:52.440
visits so far, two-thirds of the way through the year.

00:41:52.440 --> 00:41:54.809
I think the contract goals for that were seven, so we are

00:41:54.809 --> 00:41:56.400
definitely going to hit that number

00:41:56.400 --> 00:41:57.400
as well.

00:41:57.400 --> 00:42:03.719
As a result of those six site visits, we did land U.S. coal

00:42:03.719 --> 00:42:06.880
storage and Fisher 59, and

00:42:06.880 --> 00:42:09.380
there is -- I think I mentioned this in the last meeting,

00:42:09.380 --> 00:42:11.079
but there is -- we have a significant

00:42:11.079 --> 00:42:14.079
amount of new potential industrial speculative space that

00:42:14.079 --> 00:42:15.400
will be coming online.

00:42:15.400 --> 00:42:17.090
We have three different developers that are looking at

00:42:17.090 --> 00:42:17.760
different sites.

00:42:17.760 --> 00:42:21.519
The site on the south side of Wynco is currently supposed

00:42:21.519 --> 00:42:24.079
to be going under contract, and they

00:42:24.079 --> 00:42:27.019
are looking to build three new industrial speculative spots

00:42:27.019 --> 00:42:27.239
.

00:42:27.239 --> 00:42:31.519
The 600,000 square foot building, a 400 and a 300.

00:42:31.519 --> 00:42:35.880
This isn't under contract yet, so it is -- we're hopeful.

00:42:35.880 --> 00:42:38.550
And then there's another one next to U.S. coal storage that

00:42:38.550 --> 00:42:39.760
they're supposed to build

00:42:39.760 --> 00:42:42.730
a 600,000 square foot facility, and then another site that

00:42:42.730 --> 00:42:44.320
's a 104-acre site just north of

00:42:44.320 --> 00:42:48.079
there where they're looking to do two 600,000 square foot

00:42:48.079 --> 00:42:48.880
buildings.

00:42:48.880 --> 00:42:53.199
We will keep you all apprised of those.

00:42:53.199 --> 00:42:58.150
Improves and accomplishments again, as part of the Chamber

00:42:58.150 --> 00:43:00.679
city contract, we were asked

00:43:00.679 --> 00:43:05.280
to increase the DentonEDP.com website hits by 20% overall.

00:43:05.280 --> 00:43:09.159
Those were separated into page views and unique users.

00:43:09.159 --> 00:43:12.869
You'll see on the under accomplished page views, we have

00:43:12.869 --> 00:43:15.360
increased that by 23.6%.

00:43:15.360 --> 00:43:19.130
Unique users, we have increased by 33.1% currently, well

00:43:19.130 --> 00:43:20.599
over the 20% mark.

00:43:20.599 --> 00:43:23.519
I've got a quick question for myself.

00:43:23.519 --> 00:43:27.289
Unique users, is that a new person that's never come to the

00:43:27.289 --> 00:43:28.960
site before clicking on

00:43:28.960 --> 00:43:31.119
the site, or can you tell me what that is?

00:43:31.119 --> 00:43:32.119
That's total visitors.

00:43:32.119 --> 00:43:33.119
That's total visitors.

00:43:33.119 --> 00:43:34.119
Correct?

00:43:34.119 --> 00:43:35.119
Each time someone visits the website.

00:43:35.119 --> 00:43:36.119
Okay.

00:43:36.119 --> 00:43:37.840
So if I visited one day and -- Sorry.

00:43:37.840 --> 00:43:45.239
So if I visited one day and you visited the website, then

00:43:45.239 --> 00:43:48.840
you're not going to be able

00:43:48.840 --> 00:43:49.840
to get the website.

00:43:49.840 --> 00:43:52.389
So if I visited one day and you visited one day, that's two

00:43:52.389 --> 00:43:53.000
visitors.

00:43:53.000 --> 00:43:56.030
But if I go back multiple times, it'll only count me that

00:43:56.030 --> 00:43:56.719
one time.

00:43:56.719 --> 00:43:58.719
It's unique visitors for that month.

00:43:58.719 --> 00:43:59.719
Okay.

00:43:59.719 --> 00:44:00.719
Thank you.

00:44:00.719 --> 00:44:01.719
I appreciate that.

00:44:01.719 --> 00:44:05.150
And we have access to the back side of the website metrics,

00:44:05.150 --> 00:44:06.639
so we can give you guys all

00:44:06.639 --> 00:44:09.480
the metrics that you could ever want on that.

00:44:09.480 --> 00:44:12.519
Probably more than you would want in the future.

00:44:12.519 --> 00:44:17.039
And then social media, Facebook, LinkedIn, and Twitter.

00:44:17.039 --> 00:44:22.519
This year we were not given a specific metric to beat.

00:44:22.519 --> 00:44:25.289
More or less we were supposed to collect baseline data for

00:44:25.289 --> 00:44:26.960
next -- to kind of establish next

00:44:26.960 --> 00:44:27.960
year's goals.

00:44:27.960 --> 00:44:30.320
But the numbers are looking good.

00:44:30.320 --> 00:44:31.320
Facebook, we're up 7.1%.

00:44:31.320 --> 00:44:32.320
And that's total likes.

00:44:32.320 --> 00:44:33.320
LinkedIn, we're up 16.4% on connections.

00:44:33.320 --> 00:44:34.320
And Twitter, 5.7%.

00:44:34.320 --> 00:44:35.320
Goals for '18 and '19.

00:44:35.320 --> 00:44:36.320
Fulfill the city chamber goals.

00:44:36.320 --> 00:44:43.250
Maintain constant interaction with site selectors,

00:44:43.250 --> 00:44:47.239
consultants, and brokers.

00:44:47.239 --> 00:44:57.440
That's an ongoing effort.

00:44:57.440 --> 00:45:00.159
Continue to conduct target marketing and prospect

00:45:00.159 --> 00:45:01.719
development activities.

00:45:01.719 --> 00:45:05.429
Increase social media by 5% and web-based communication by

00:45:05.429 --> 00:45:06.239
10%.

00:45:06.239 --> 00:45:11.639
That's our goal that we're hoping to maintain.

00:45:11.639 --> 00:45:13.639
Increase the private investors by two additional.

00:45:13.639 --> 00:45:14.639
So we're at 66.

00:45:14.639 --> 00:45:18.320
We would hope to increase that by two more for next year, '

00:45:18.320 --> 00:45:19.079
68.

00:45:19.079 --> 00:45:21.780
Maintain economic development partnership private investor

00:45:21.780 --> 00:45:22.440
relations.

00:45:22.440 --> 00:45:25.860
So that's business retention, you know, retention for the

00:45:25.860 --> 00:45:27.199
private investors.

00:45:27.199 --> 00:45:30.480
Right now -- or this year we retained 97%.

00:45:30.480 --> 00:45:33.480
So 60 -- 62.

00:45:33.480 --> 00:45:37.840
Some examples of the contacts that are made from some of

00:45:37.840 --> 00:45:40.280
these marketing trips that we

00:45:40.280 --> 00:45:43.389
do, you know, from the area development consultant forums,

00:45:43.389 --> 00:45:45.320
you know, just all these trade shows

00:45:45.320 --> 00:45:47.199
and target market events that we do.

00:45:47.199 --> 00:45:51.340
These are just five top examples that I wanted to, you know

00:45:51.340 --> 00:45:53.840
, make sure all of you knew about.

00:45:53.840 --> 00:45:57.139
But Collier's International is a site selection consulting

00:45:57.139 --> 00:45:57.639
firm.

00:45:57.639 --> 00:45:59.880
They have toured sites here in Denton this year as a result

00:45:59.880 --> 00:46:01.400
of marketing activities and

00:46:01.400 --> 00:46:03.719
marketing events that we've met them at.

00:46:03.719 --> 00:46:05.320
And they are the ones that are -- they're one of the ones

00:46:05.320 --> 00:46:06.159
that are currently planning

00:46:06.159 --> 00:46:09.989
a large-scale speculative development project here in

00:46:09.989 --> 00:46:12.280
conjunction with another development

00:46:12.280 --> 00:46:13.280
company as well.

00:46:13.280 --> 00:46:15.440
They're the brokerage group and then there will be a

00:46:15.440 --> 00:46:17.440
development company partnering with

00:46:17.440 --> 00:46:18.440
them.

00:46:18.440 --> 00:46:21.440
CBRE, you guys have all heard that name several times.

00:46:21.440 --> 00:46:23.880
They did United States Cold Storage here.

00:46:23.880 --> 00:46:26.639
They brought us Winko Foods.

00:46:26.639 --> 00:46:29.099
They were the brokers and consultants in charge of the

00:46:29.099 --> 00:46:31.039
Sally Beauty expansion tour maybe three

00:46:31.039 --> 00:46:32.039
years ago now.

00:46:32.039 --> 00:46:34.650
Hickin Associates New York office who represented two

00:46:34.650 --> 00:46:36.559
products this year that we have worked

00:46:36.559 --> 00:46:39.679
on and we have made the short list on as well, which we're

00:46:39.679 --> 00:46:40.760
still working.

00:46:40.760 --> 00:46:43.469
The European American Investment Council, they did bring a

00:46:43.469 --> 00:46:44.920
German delegation of aviation

00:46:44.920 --> 00:46:47.780
companies to the DFW area and it was in Fort Worth where we

00:46:47.780 --> 00:46:49.400
all -- there were about 10

00:46:49.400 --> 00:46:51.679
of us communities that they asked to come in and make a

00:46:51.679 --> 00:46:52.639
presentation to.

00:46:52.639 --> 00:46:54.320
So I was there for that as well.

00:46:54.320 --> 00:46:57.920
We met them at a Southern Economic Development Council

00:46:57.920 --> 00:46:59.239
marketing trip.

00:46:59.239 --> 00:47:02.349
Project WIC, I wanted to give you an example of a company

00:47:02.349 --> 00:47:04.079
that we met at a trade show.

00:47:04.079 --> 00:47:07.400
So not a site selection consultant but an actual company

00:47:07.400 --> 00:47:08.280
executive.

00:47:08.280 --> 00:47:12.239
Project WIC was a company and we identified them at an

00:47:12.239 --> 00:47:14.199
aerospace trade show.

00:47:14.199 --> 00:47:17.300
They were looking for 400,000 to 500,000 square feet here

00:47:17.300 --> 00:47:18.719
in Denton to create over 100 new

00:47:18.719 --> 00:47:26.440
jobs and we did go out and visit with them directly.

00:47:26.440 --> 00:47:29.619
Proposed performance measures, perform duties of the office

00:47:29.619 --> 00:47:31.320
per the city chamber contractual

00:47:31.320 --> 00:47:34.789
agreement, act as the gatekeeper with site location

00:47:34.789 --> 00:47:37.320
consultants and prospect activity,

00:47:37.320 --> 00:47:39.579
conduct target marketing and prospect development

00:47:39.579 --> 00:47:40.280
activities.

00:47:40.280 --> 00:47:43.159
It's an ongoing event.

00:47:43.159 --> 00:47:45.659
Update and maintain the ADP website, social media accounts,

00:47:45.659 --> 00:47:47.280
marketing materials and promotional

00:47:47.280 --> 00:47:49.239
items.

00:47:49.239 --> 00:47:52.489
Maintain economic development partnership private investor

00:47:52.489 --> 00:47:53.280
relations.

00:47:53.280 --> 00:47:55.829
Promote performance measures, perform duties of the office

00:47:55.829 --> 00:47:57.280
per the city chamber contractual

00:47:57.280 --> 00:48:00.159
agreement for '18 and '19.

00:48:00.159 --> 00:48:02.969
Attend and participate in activities with local, metro,

00:48:02.969 --> 00:48:04.800
state, regional and international

00:48:04.800 --> 00:48:08.039
organizations stipulated in the annual agreement.

00:48:08.039 --> 00:48:10.679
Continue target marketing activities and attend as many

00:48:10.679 --> 00:48:12.400
site location consultant events as

00:48:12.400 --> 00:48:15.880
the budget allows.

00:48:15.880 --> 00:48:21.239
Raise social media and web-based activities by 5%.

00:48:21.239 --> 00:48:23.610
And raise economic development partnership private investor

00:48:23.610 --> 00:48:24.639
relations by once again two

00:48:24.639 --> 00:48:25.639
investors this year.

00:48:25.639 --> 00:48:32.590
Currently we're at 66 and once again with a 97% retention

00:48:32.590 --> 00:48:33.559
rate.

00:48:33.559 --> 00:48:35.710
On budget emphasis, our plan and vision is to actively

00:48:35.710 --> 00:48:37.280
promote an environment to encourage

00:48:37.280 --> 00:48:39.849
commercial and industrial development by expanding and

00:48:39.849 --> 00:48:41.800
diversifying to tax base, creating jobs

00:48:41.800 --> 00:48:46.039
and improving the quality of life.

00:48:46.039 --> 00:48:50.119
This is one of the slides that the city provided for us.

00:48:50.119 --> 00:48:53.550
That is driving your need for funding to maintain an office

00:48:53.550 --> 00:48:55.960
of economic development at the Chamber

00:48:55.960 --> 00:48:59.429
of Commerce geared towards targeted external marketing

00:48:59.429 --> 00:49:01.519
efforts and prospect management

00:49:01.519 --> 00:49:03.820
and keeping the community, the business community and D

00:49:03.820 --> 00:49:05.519
itten engaged in economic development

00:49:05.519 --> 00:49:07.519
efforts.

00:49:07.519 --> 00:49:13.360
A summary of cost containment strategies.

00:49:13.360 --> 00:49:16.420
Constant evaluation of forums, conferences, and conferences

00:49:16.420 --> 00:49:17.920
along with all other marketing

00:49:17.920 --> 00:49:20.909
activities focus staff solely on incoming prospects

00:49:20.909 --> 00:49:23.320
generated through marketing activities

00:49:23.320 --> 00:49:26.079
and from site selectors and brokers.

00:49:26.079 --> 00:49:29.960
So our staff is focused just on the recruiting prospects

00:49:29.960 --> 00:49:32.599
and marketing towards site location

00:49:32.599 --> 00:49:35.800
consultants from marketing events and things like that.

00:49:35.800 --> 00:49:39.010
The city economic development office handles the leads

00:49:39.010 --> 00:49:40.920
coming in from the state and from

00:49:40.920 --> 00:49:44.800
the Dallas regional chamber.

00:49:44.800 --> 00:49:48.179
Community projects, constant evaluation of marketing trips

00:49:48.179 --> 00:49:49.719
and narrowing down the ones

00:49:49.719 --> 00:49:51.599
that have provided results in the past.

00:49:51.599 --> 00:49:55.199
We replace those with newly advertised events.

00:49:55.199 --> 00:49:58.489
Consistently update and refresh marketing materials and

00:49:58.489 --> 00:50:00.360
other branding collaterals.

00:50:00.360 --> 00:50:02.960
Updating and maintenance of the DittenEDP.com website and

00:50:02.960 --> 00:50:04.760
social media with up to date information.

00:50:04.760 --> 00:50:07.559
As I mentioned, we have that 60 point checklist where every

00:50:07.559 --> 00:50:08.960
month we're updating the data

00:50:08.960 --> 00:50:11.920
to make sure everything is completely accurate and up to

00:50:11.920 --> 00:50:12.440
date.

00:50:12.440 --> 00:50:15.760
Monitor improvements, constantly analyze marketing results

00:50:15.760 --> 00:50:17.760
to make continuous improvements, and

00:50:17.760 --> 00:50:22.940
consistently monitor and update the website and social

00:50:22.940 --> 00:50:24.659
media outlets.

00:50:24.659 --> 00:50:29.250
On budget highlights, you'll see that we are requesting the

00:50:29.250 --> 00:50:31.320
same amount as last year, so

00:50:31.320 --> 00:50:35.360
another $238,836 from the city, which comes from the --

00:50:35.360 --> 00:50:37.320
partially from the general fund

00:50:37.320 --> 00:50:41.920
and partially from the utility fund.

00:50:41.920 --> 00:50:45.539
We just wanted to make note that our private revenues, we

00:50:45.539 --> 00:50:47.360
're -- we wanted to make sure

00:50:47.360 --> 00:50:51.119
that we -- all of you know that we're keeping a baseline of

00:50:51.119 --> 00:50:53.800
75 grand that makes up our targeted

00:50:53.800 --> 00:50:56.710
budget for the year, even though that number right now is

00:50:56.710 --> 00:50:59.239
at about 70 -- I think 78,000,

00:50:59.239 --> 00:51:00.239
79,000.

00:51:00.239 --> 00:51:06.199
Brings our grand total budget to $313,836.

00:51:06.199 --> 00:51:08.079
Any questions on that?

00:51:08.079 --> 00:51:13.079
>> No, but it seems like you're doing more with less.

00:51:13.079 --> 00:51:14.880
>> Thank you.

00:51:14.880 --> 00:51:15.880
We try.

00:51:15.880 --> 00:51:16.880
>> Yeah.

00:51:16.880 --> 00:51:17.880
Very busy.

00:51:17.880 --> 00:51:18.880
Very busy.

00:51:18.880 --> 00:51:19.880
>> Thank you.

00:51:19.880 --> 00:51:22.710
>> But looks like you guys are able to accomplish a lot

00:51:22.710 --> 00:51:24.199
with what you're given.

00:51:24.199 --> 00:51:25.199
>> Thank you.

00:51:25.199 --> 00:51:28.760
And then the last slide is the budget highlights.

00:51:28.760 --> 00:51:32.769
You know, things relatively -- kind of speaks for itself on

00:51:32.769 --> 00:51:33.400
that.

00:51:33.400 --> 00:51:35.909
The only thing that really changed is the board meals went

00:51:35.909 --> 00:51:37.159
off, and that's because we're

00:51:37.159 --> 00:51:41.730
not doing -- we're not doing meals here anymore since it's

00:51:41.730 --> 00:51:42.920
televised.

00:51:42.920 --> 00:51:45.920
Any questions on that one?

00:51:45.920 --> 00:51:46.920
No?

00:51:46.920 --> 00:51:47.920
Okay.

00:51:47.920 --> 00:51:49.280
>> All right.

00:51:49.280 --> 00:51:52.800
Any questions or comments before the floor is released?

00:51:52.800 --> 00:51:53.800
No?

00:51:53.800 --> 00:51:54.800
All right.

00:51:54.800 --> 00:51:55.800
Well, thank you so much.

00:51:55.800 --> 00:51:56.800
>> Thank you.

00:51:56.800 --> 00:51:58.230
>> That was a lot of information, a lot of really good

00:51:58.230 --> 00:51:58.800
information.

00:51:58.800 --> 00:51:59.800
Interesting.

00:51:59.800 --> 00:52:00.800
All right.

00:52:00.800 --> 00:52:08.170
We will now move forward to item number EDP 18-037, receive

00:52:08.170 --> 00:52:09.320
a report, hold a discussion,

00:52:09.320 --> 00:52:12.530
and make a recommendation to city council regarding changes

00:52:12.530 --> 00:52:14.159
to the downtown reinvestment

00:52:14.159 --> 00:52:18.719
grant program's funding source, policy, and procedures.

00:52:18.719 --> 00:52:22.559
Julie, take it away.

00:52:22.559 --> 00:52:24.639
>> Okay.

00:52:24.639 --> 00:52:26.400
Okay.

00:52:26.400 --> 00:52:29.119
So we've been talking about this grant fund for a while.

00:52:29.119 --> 00:52:31.949
I know every -- it seems like I've done this presentation

00:52:31.949 --> 00:52:34.079
several times, several different

00:52:34.079 --> 00:52:35.079
groups.

00:52:35.079 --> 00:52:37.630
Just to give you a little background, this downtown rein

00:52:37.630 --> 00:52:39.079
vestment grant was created in

00:52:39.079 --> 00:52:40.079
2007.

00:52:40.079 --> 00:52:42.869
It provides grants for capital improvements in the downtown

00:52:42.869 --> 00:52:44.360
area, specifically right now

00:52:44.360 --> 00:52:48.179
what we call the DTIP, which is the downtown implementation

00:52:48.179 --> 00:52:49.079
plan area.

00:52:49.079 --> 00:52:52.090
It's tied to historic preservation through the restoration

00:52:52.090 --> 00:52:53.159
of the buildings.

00:52:53.159 --> 00:52:55.840
And to date, for every dollar invested by the city in the

00:52:55.840 --> 00:52:57.679
grant program, $34 of private

00:52:57.679 --> 00:53:01.079
investment have been made in downtown.

00:53:01.079 --> 00:53:02.079
>> Just a moment.

00:53:02.079 --> 00:53:03.079
I'm sorry.

00:53:03.079 --> 00:53:04.079
Councilwoman Briggs.

00:53:04.079 --> 00:53:06.150
>> I need to let the chair know that I have a meeting at 12

00:53:06.150 --> 00:53:07.079
that I need to leave to go

00:53:07.079 --> 00:53:08.079
to.

00:53:08.079 --> 00:53:11.800
And so -- and I just wondered if I could -- I'm sorry.

00:53:11.800 --> 00:53:13.719
My child keeps calling me.

00:53:13.719 --> 00:53:16.780
I'm wondering if I could go ahead and ask the questions

00:53:16.780 --> 00:53:18.880
before I leave, if that's okay.

00:53:18.880 --> 00:53:19.880
>> Yes.

00:53:19.880 --> 00:53:21.570
So just to make sure everyone has heard, Councilwoman Br

00:53:21.570 --> 00:53:23.159
iggs does have to leave as of noon.

00:53:23.159 --> 00:53:25.710
As of that point, am I correct in that we will not have a

00:53:25.710 --> 00:53:26.280
quorum?

00:53:26.280 --> 00:53:27.280
>> No.

00:53:27.280 --> 00:53:28.280
>> I'm sorry.

00:53:28.280 --> 00:53:31.280
We will have a quorum because Mr. Edgar joined us.

00:53:31.280 --> 00:53:32.280
>> Okay.

00:53:32.280 --> 00:53:34.079
Then we can take the necessary vote.

00:53:34.079 --> 00:53:35.079
So sorry to interrupt.

00:53:35.079 --> 00:53:36.079
Is that all right with you, Ms. Gliver?

00:53:36.079 --> 00:53:37.079
>> Sure.

00:53:37.079 --> 00:53:38.079
>> All right.

00:53:38.079 --> 00:53:39.079
>> I apologize.

00:53:39.079 --> 00:53:40.079
>> Councilwoman Briggs.

00:53:40.079 --> 00:53:41.079
>> Everyone out there is waiting.

00:53:41.079 --> 00:53:42.079
Okay.

00:53:42.079 --> 00:53:43.079
So I'm really glad to see this come forward.

00:53:43.079 --> 00:53:46.230
I know that there was a -- I just want to say I know there

00:53:46.230 --> 00:53:47.760
was a lot of -- a lot of people

00:53:47.760 --> 00:53:50.920
in the community that were concerned when we changed the

00:53:50.920 --> 00:53:51.639
funding.

00:53:51.639 --> 00:53:54.440
But I think that this has actually opened up to more

00:53:54.440 --> 00:53:56.400
opportunities for this grant.

00:53:56.400 --> 00:53:59.480
And I think it's a wonderful program.

00:53:59.480 --> 00:54:02.469
And just me personally feel like a lot of the revital

00:54:02.469 --> 00:54:04.239
ization that we have seen have

00:54:04.239 --> 00:54:06.760
come from this grant.

00:54:06.760 --> 00:54:11.880
And so I would like to know if we can increase it from 25,

00:54:11.880 --> 00:54:15.440
000, where that cap came from,

00:54:15.440 --> 00:54:19.039
and if there's a possibility -- because I see that since it

00:54:19.039 --> 00:54:20.639
's moved to the tip, the

00:54:20.639 --> 00:54:22.800
orders have expanded as well.

00:54:22.800 --> 00:54:25.860
And with the new development design standards that council

00:54:25.860 --> 00:54:27.519
talked about recently, and we

00:54:27.519 --> 00:54:31.449
have moved it from just facades to actual internal things

00:54:31.449 --> 00:54:33.920
as well, there's a great opportunity

00:54:33.920 --> 00:54:38.010
there for people to spend a lot of money and way beyond 25,

00:54:38.010 --> 00:54:39.039
000.

00:54:39.039 --> 00:54:40.039
So is that a possibility?

00:54:40.039 --> 00:54:42.079
>> It is a possibility.

00:54:42.079 --> 00:54:46.159
We are taking this to the -- to Board Next?

00:54:46.159 --> 00:54:47.159
Council Next.

00:54:47.159 --> 00:54:48.159
I don't --

00:54:48.159 --> 00:54:49.159
>> Council Next.

00:54:49.159 --> 00:54:50.159
>> Council Next.

00:54:50.159 --> 00:54:51.159
So council can make that change.

00:54:51.159 --> 00:54:53.619
The reason we capped at 25,000 is because we were getting

00:54:53.619 --> 00:54:55.320
100,000 per year, and that

00:54:55.320 --> 00:54:59.400
kind of gave us an opportunity to do four grants at max.

00:54:59.400 --> 00:55:02.639
So money is always kind of the answer, right?

00:55:02.639 --> 00:55:06.119
But the council can make that recommendation to the tip.

00:55:06.119 --> 00:55:08.480
The tip board will bring a recommendation to you guys.

00:55:08.480 --> 00:55:10.519
You can change it the way you want.

00:55:10.519 --> 00:55:14.539
>> So just to clarify, the $25,000 limit is the limit that

00:55:14.539 --> 00:55:16.320
one group can request at that

00:55:16.320 --> 00:55:18.880
time for a certain project.

00:55:18.880 --> 00:55:23.159
The total amount available to give in a year was 100,000.

00:55:23.159 --> 00:55:24.159
>> Right.

00:55:24.159 --> 00:55:26.280
And it's 25,000 per property.

00:55:26.280 --> 00:55:29.769
So if a building only got 5,000 in the first year they were

00:55:29.769 --> 00:55:31.559
open, then someone else bought

00:55:31.559 --> 00:55:34.550
it and needed to do some more work, they would be eligible

00:55:34.550 --> 00:55:35.840
for another 20.

00:55:35.840 --> 00:55:39.159
So it's tied specifically to the property, not the project.

00:55:39.159 --> 00:55:42.050
>> Well, maybe council will want to increase the budget so

00:55:42.050 --> 00:55:43.480
we can increase the amounts

00:55:43.480 --> 00:55:44.480
we can give.

00:55:44.480 --> 00:55:45.480
>> Okay.

00:55:45.480 --> 00:55:46.480
>> Thank you.

00:55:46.480 --> 00:55:47.480
>> Okay.

00:55:47.480 --> 00:55:51.280
And continuing here with the -- during the fiscal year 17-

00:55:51.280 --> 00:55:53.880
18 budget deliberations, council

00:55:53.880 --> 00:55:56.630
directed that the grant program be funded through the

00:55:56.630 --> 00:55:58.400
downtown TURS number one fund.

00:55:58.400 --> 00:56:01.829
So that led to looking at a review of the current policy

00:56:01.829 --> 00:56:03.119
and procedures.

00:56:03.119 --> 00:56:05.369
The downtown task force has reviewed this twice and made

00:56:05.369 --> 00:56:06.320
recommendations.

00:56:06.320 --> 00:56:09.880
The TURS number one board has reviewed and made

00:56:09.880 --> 00:56:11.599
recommendations.

00:56:11.599 --> 00:56:13.809
So the changes that have been recommended is to fund the

00:56:13.809 --> 00:56:14.960
grant through the downtown

00:56:14.960 --> 00:56:18.860
TURS number one beginning fiscal year 2018-19 and in future

00:56:18.860 --> 00:56:20.679
years throughout the life of

00:56:20.679 --> 00:56:21.679
the downtown TURS.

00:56:21.679 --> 00:56:24.880
We're going to modify and review the review approval

00:56:24.880 --> 00:56:26.920
process so that grants first are

00:56:26.920 --> 00:56:29.809
reviewed by the downtown task force, then the downtown TURS

00:56:29.809 --> 00:56:31.239
number one board, then city

00:56:31.239 --> 00:56:32.239
council.

00:56:32.239 --> 00:56:34.389
I just want to point out that in the past that every --

00:56:34.389 --> 00:56:36.280
grants over 10,000 came to this

00:56:36.280 --> 00:56:41.800
body and we are taking that out of the process right now.

00:56:41.800 --> 00:56:44.860
We're replacing that because everything -- state law

00:56:44.860 --> 00:56:48.199
requires that everything must be -- all

00:56:48.199 --> 00:56:51.349
funds through the TURS must go through the downtown TURS

00:56:51.349 --> 00:56:53.199
board and then city council.

00:56:53.199 --> 00:56:57.440
We kind of felt like keeping this board in there was just

00:56:57.440 --> 00:56:59.760
adding another layer and you

00:56:59.760 --> 00:57:01.730
could make a recommendation to the TURS board or the

00:57:01.730 --> 00:57:03.360
downtown task force could, one or the

00:57:03.360 --> 00:57:04.360
other.

00:57:04.360 --> 00:57:09.960
So I'll pause here if anyone has any comments on that.

00:57:09.960 --> 00:57:12.360
We'll be happy to bring you reports, let you know what's

00:57:12.360 --> 00:57:13.760
going on, what kind of grants

00:57:13.760 --> 00:57:16.000
are coming through, what they're asking for.

00:57:16.000 --> 00:57:21.000
>> That would be good, but I think you're saving time.

00:57:21.000 --> 00:57:26.320
We don't need to see it up to people.

00:57:26.320 --> 00:57:29.750
>> More changes was to add a scoring category for interior

00:57:29.750 --> 00:57:32.000
code improvements, which council

00:57:32.000 --> 00:57:34.480
member Briggs just mentioned.

00:57:34.480 --> 00:57:37.219
In light of the couple of fires we had towards the end of

00:57:37.219 --> 00:57:39.320
last year, beginning of this year,

00:57:39.320 --> 00:57:44.150
we've added fire suppression systems as an eligible

00:57:44.150 --> 00:57:45.320
category.

00:57:45.320 --> 00:57:48.179
We took location out of it because everything is going to

00:57:48.179 --> 00:57:49.719
have to be located in the TURS

00:57:49.719 --> 00:57:52.239
district to be eligible.

00:57:52.239 --> 00:57:56.469
We added including but not limited to the other category

00:57:56.469 --> 00:57:58.800
and put longevity in the other

00:57:58.800 --> 00:57:59.800
category.

00:57:59.800 --> 00:58:00.800
We did not define longevity.

00:58:00.800 --> 00:58:05.320
It's going to be kind of up to them to decide.

00:58:05.320 --> 00:58:10.320
By taking the location out, that dropped us five points, so

00:58:10.320 --> 00:58:12.599
we made the other category

00:58:12.599 --> 00:58:14.239
worth ten points instead.

00:58:14.239 --> 00:58:17.119
So that still gives us the same amount on the scoring.

00:58:17.119 --> 00:58:20.130
It was pointed out that sometimes smaller projects have a

00:58:20.130 --> 00:58:21.639
hard time getting to the top

00:58:21.639 --> 00:58:26.920
range to get higher amounts of money.

00:58:26.920 --> 00:58:29.320
So by making that other category a little more flexible,

00:58:29.320 --> 00:58:30.480
they feel like this is going

00:58:30.480 --> 00:58:33.480
to take care of that.

00:58:33.480 --> 00:58:35.400
In that direction, the task force looked at it.

00:58:35.400 --> 00:58:37.719
They recommended these changes ten to one.

00:58:37.719 --> 00:58:43.300
May 23rd, the TURS board recommended these changes five to

00:58:43.300 --> 00:58:44.119
zero.

00:58:44.119 --> 00:58:46.809
So we're looking for a recommendation to city council for M

00:58:46.809 --> 00:58:48.280
IEU regarding the changes to

00:58:48.280 --> 00:58:51.159
the funding source, the policy and procedures for the

00:58:51.159 --> 00:58:52.519
reimbursement grant.

00:58:52.519 --> 00:58:57.409
So I just want to remind for those that are new to this

00:58:57.409 --> 00:59:00.800
board that the downtown task force

00:59:00.800 --> 00:59:06.099
is subcommittee of this board and that it does represent

00:59:06.099 --> 00:59:08.800
quite a variety of business

00:59:08.800 --> 00:59:13.309
owners, employers, as well as employees over different

00:59:13.309 --> 00:59:17.159
industries as well that have concerns.

00:59:17.159 --> 00:59:19.760
You don't have to live downtown or necessarily work

00:59:19.760 --> 00:59:22.079
downtown, but most people have an interest

00:59:22.079 --> 00:59:25.300
that are a part of this group.

00:59:25.300 --> 00:59:29.159
This topic in particular has been the subject of more than

00:59:29.159 --> 00:59:31.119
a couple meetings as well as

00:59:31.119 --> 00:59:34.039
a retreat that we had earlier this year.

00:59:34.039 --> 00:59:36.960
I actually serve as the chair of that downtown task force

00:59:36.960 --> 00:59:38.880
and would be happy to talk to anyone

00:59:38.880 --> 00:59:42.440
offline if you have any questions about this.

00:59:42.440 --> 00:59:47.039
But at this time, it doesn't seem like as much work when

00:59:47.039 --> 00:59:48.440
you present.

00:59:48.440 --> 00:59:52.219
It's a lot of conversations and trying to utilize the TURS

00:59:52.219 --> 00:59:54.360
fund, to utilize the downtown

00:59:54.360 --> 00:59:58.929
task force and monies that can be used to this very

00:59:58.929 --> 01:00:02.599
important economic area of Denton.

01:00:02.599 --> 01:00:06.139
But if there are no questions or comments at this time, the

01:00:06.139 --> 01:00:07.760
chair would entertain if

01:00:07.760 --> 01:00:12.010
someone wants to make a motion to further recommend the

01:00:12.010 --> 01:00:14.559
recommendations to council.

01:00:14.559 --> 01:00:18.280
All right.

01:00:18.280 --> 01:00:22.449
All those in favor of these recommendations, please signify

01:00:22.449 --> 01:00:23.639
by saying aye.

01:00:23.639 --> 01:00:26.280
All those opposed say nay.

01:00:26.280 --> 01:00:27.840
And the motion carries unanimously.

01:00:27.840 --> 01:00:30.840
Thank you, Ms. Clever.

01:00:30.840 --> 01:00:31.760
All right.

01:00:31.760 --> 01:00:33.360
So it is afternoon noon.

01:00:33.360 --> 01:00:36.469
Are we moving to -- >> I have the follow-up piece of

01:00:36.469 --> 01:00:37.280
information.

01:00:37.280 --> 01:00:41.079
>> Caroline Booth has a follow-up note to her earlier

01:00:41.079 --> 01:00:43.360
presentation at this time.

01:00:43.360 --> 01:00:45.730
>> Mr. Fikes, you asked about the amount of money that was

01:00:45.730 --> 01:00:47.159
coming out of the budget because

01:00:47.159 --> 01:00:49.960
of those three terminated incentives.

01:00:49.960 --> 01:00:52.800
Total amount is $141,000.

01:00:52.800 --> 01:00:58.519
So there's a number for you on that.

01:00:58.519 --> 01:01:01.079
>> Okay.

01:01:01.079 --> 01:01:05.760
Moving on to EDP 18-038, staff reports.

01:01:05.760 --> 01:01:11.000
Shall we move to staff reports at this time or table those?

01:01:11.000 --> 01:01:14.590
>> I think depending on what the body is interested in

01:01:14.590 --> 01:01:16.840
doing, you all have the staff reports in

01:01:16.840 --> 01:01:17.840
your backup.

01:01:17.840 --> 01:01:20.980
We'd be glad to answer questions, but in the interest of

01:01:20.980 --> 01:01:23.400
time, we could forego the presentation

01:01:23.400 --> 01:01:26.400
up to the group.

01:01:26.400 --> 01:01:30.119
>> All right.

01:01:30.119 --> 01:01:31.119
All in favor?

01:01:31.119 --> 01:01:32.119
Okay.

01:01:32.119 --> 01:01:35.000
Well, with that, I don't believe there's any need for a

01:01:35.000 --> 01:01:36.079
closed meeting.

01:01:36.079 --> 01:01:37.079
Am I correct?

01:01:37.079 --> 01:01:38.079
Okay.

01:01:38.079 --> 01:01:41.789
Well, with that, unless there's anything else, I believe we

01:01:41.789 --> 01:01:44.519
-- yes, Mr. Fikes.

01:01:44.519 --> 01:01:48.889
>> With the continuation of property sales in the

01:01:48.889 --> 01:01:52.119
industrial zone, I'd like to have a

01:01:52.119 --> 01:01:58.690
review of industrial property available within the city

01:01:58.690 --> 01:02:02.039
limits, not in the extra.

01:02:02.039 --> 01:02:05.800
So we can see where we're growing and where we need to grow

01:02:05.800 --> 01:02:06.559
to next.

01:02:06.559 --> 01:02:11.010
>> Okay, I think we could pull together a map of the

01:02:11.010 --> 01:02:14.519
currently zoned areas for industrial

01:02:14.519 --> 01:02:18.860
and with the updates to the code and zoning, kind of do a

01:02:18.860 --> 01:02:21.480
little bit of future projection

01:02:21.480 --> 01:02:22.840
about where that's going.

01:02:22.840 --> 01:02:29.360
So we'll put that on the agenda either for July or August.

01:02:29.360 --> 01:02:33.050
We might have a very full agenda in July with incentive

01:02:33.050 --> 01:02:35.219
requests, so -- but we will add

01:02:35.219 --> 01:02:36.719
it to the future matrix.

01:02:36.719 --> 01:02:39.969
>> We need to look because one of the things that's going

01:02:39.969 --> 01:02:43.119
on, Sanger has got several buildings,

01:02:43.119 --> 01:02:46.260
spec buildings being built right now north of the Walmart

01:02:46.260 --> 01:02:48.400
distribution center and Gainesville

01:02:48.400 --> 01:02:52.869
is continuing to push hard for their economic development

01:02:52.869 --> 01:02:53.760
as well.

01:02:53.760 --> 01:02:55.440
And they're growing up there.

01:02:55.440 --> 01:03:00.340
And then McKinney in their 2040 plan this week announced

01:03:00.340 --> 01:03:03.000
that they're looking at enlarging

01:03:03.000 --> 01:03:07.000
their city limits and how they're going to start allocating

01:03:07.000 --> 01:03:07.960
property.

01:03:07.960 --> 01:03:11.239
>> Lots of competition.

01:03:11.239 --> 01:03:13.239
All right.

01:03:13.239 --> 01:03:16.480
With that, if there's no other business, the regular

01:03:16.480 --> 01:03:19.400
meeting is adjourned at 1206 p.m.