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 All right and with more work we're gonna go ahead and move in I'm Steve Edgar I'm

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 the vice chair Jill Jester the chair of this committee is out of town this week

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 and so our today wasn't able to attend so we'll move forward with our agenda

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 the first one is consideration of approval for minutes from February 9th

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 I believe everyone has had a chance if I can get a motion approval have a motion

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 need a second second and a second thank you any any conversation around any

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 corrections all right we'll move into the vote all in favor aye please

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 any not in favor or opposed I guess hearing none that passes we'll move into

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 we're gonna skip item B right now we'll let that one delay until those

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 presenters are with us we'll move into EDP 22-027 Christine I believe you're

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 gonna take us through this I am what we're asking the board to do today is

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 we're looking at a point downtown Economic Development Committee members

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 we've had a couple members John Cartwright he's the Denton Main Street

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 Association president he turned his position there on the board they had a

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 new president voted in Tracy Long and then in December Michael Talley who was

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 the Economic Development County representative he resigned his position

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 and so in the interim they have a person Rita Maloney who is the grant and project

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 manager for economic development she'll be attending any meetings that Michael

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 Talley would have attended so we'd like to ask for your nomination to the

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 committee for those two folks so moved all second and the second any

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 conversation around it any questions hearing none we'll move to vote all in

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 favor please say aye in any opposed hearing none at motion passes thanks

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 Christina and moving on to EDP 22-023 Christine I believe you have this one as

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 well okay so there's two parts to this agenda item first will receive the

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 annual report from Heather Gregory with Stoke and then the second part which

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 will be the presentation of it should I sit Stan do y'all care I'm Heather

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 Gregory I know many of you lots of familiar faces I am the owner of Hickory

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 and rail ventures which has a public-private partnership with the city

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 of Denton to run Stoke which is Denton's co-working space we run that space and

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 we have programs and events that we do to support entrepreneurs which is what

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 we have proposed is renewing that contract to continue our partnership so

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 I'm just going to kind of run through basically 2021 our events some

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 membership information about Stoke our mission is to create an environment that

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 fosters a sense of community and a welcoming space where entrepreneurs have

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 access to talent education mentorship capital and a diverse network of peers

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 and we do that by we strive to have a positive impact on the economy and

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 culture of Denton by increasing visibility and reach facilitating job

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 creation and retaining university students

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 okay um so as I said we are it's a public-private partnership so we on the

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 left side here you can kind of see the city of Denton has agreements with all

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 of these partners in economic development so we leave you ourselves as

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 kind of the ground up economic development so we're helping entrepreneurs

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 start and grow their business through operating our co-working space and like

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 I said the programs and events that we've run through our space on the

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 right-hand side are some of the partners that we maintain relationships with and

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 work with to help create a healthy entrepreneur ecosystem some details of

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 this I'll get into in a little bit but we run an incubator program with Texas

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 Women's University Center for Women Entrepreneurs we've run two cohorts of

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 this through Stoke over the last couple of years so it is a five-month program

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 last year we had seven companies run through this cohort and we ended that

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 event in a pitch event in late February we have relationships with UNT kind of

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 in a couple of different ways we support hackathons that the university does we

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 are engaged with members from from staff and faculty from UNT and an education

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 technology alliance that we coordinate and the through the Murphy Center we

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 also share contacts and help support entrepreneurs depending on what their

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 needs are and we do partnerships with NCTC and as well with Denton ISD I serve

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 as a mentor and they have an incubate EDU program and entrepreneurship program

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 for high school students at Geyer High School I serve as a mentor and a coach

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 to two different teams there so this is just kind of some what what we're doing

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 partnership wise in Denton this is some member information I'm not going to read

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 everything and to you there are some quotes here about our space and our

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 staff the way that we support entrepreneurs we do we do member

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 surveys twice a year so we're really collecting a lot of data to understand

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 what we're doing well what ways we can improve and this is again in terms of

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 running the 9,000 square foot co-working space and the programs and some of the

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 member staff that we saw in 2020 2021 was that 89% of our member companies

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 experienced growth during their time at Stoke last year we had a total of 115

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 member companies throughout the year and they give us a net promoter score of

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 88.3 so that means that they're going to refer us to friends or colleagues at

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 that high rate and then retention numbers I just think that this is really

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 incredible this of our current members we have 17 that have been there for

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 longer than three years 23 that have been there for between two and three

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 years and 19 member companies that have been there for over a year so last year

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 year ago whenever I was here we were in a very different position the city's

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 lease on the space was ending and we were in a position to need to sign a new

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 lease on our space to be able to do that we we asked for city support and having

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 the confidence of that we negotiated a four-year lease on our building which is

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 in the rail yard so we're behind spiral diner across from and we share a parking

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 lot with DCTA so we signed a four-year lease on the building and in part of

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 that negotiation to make to make it work for the landlord and be able to generate

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 the rent that we needed they they covered the cost of building out 12 new

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 private offices so we went from having eight private offices to 12 to 20 they

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 added 12 and that allowed us to basically be able to make it work

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 financially to stay there and run the space and this is a picture of some of

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 the one of the new private offices our event space essentially converted to

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 co-working space so we more than doubled our private office capacity we did not

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 lose any co-working seats or dedicated seats we added as you can see in a

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 really incredible mural and and we did all of this while we were open we we

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 didn't lose any members due to construction and we really focused on

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 taking great care of our people and we were able to stay open as we did this

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 three months of construction I don't think this video is going to play it's

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 on our YouTube channel and this is as I mentioned the program that we do with

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 Texas Women's University in 2021 we wrapped our first cohort and then we

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 were able to use marketing dollars to hire a local company to do a great video

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 to kind of capture some of the successes from the women in that cohort we ran

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 Flintconf again for the third year and it was our second year to do it virtually

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 I'm really thrilled that it's coming back this year in person so it's going

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 to be at Senago Bell on May 4th yeah that's a video that we're not going to

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 be able to see also in 2021 we this is the program that we run every fall it's

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 global entrepreneurship week so we do basically a series of events in Denton

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 to showcase entrepreneurship to support entrepreneurs so one of the biggest

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 events that we did that week was the Denton Startup Crawl we had over a

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 hundred people attend a crawl that highlighted 12 creative businesses in

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 Denton and so that was what we did for global entrepreneurship week we have a

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 podcast we do blogs every month we do weekly mentor sessions and we do lunch

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 and learns event lunch and learns on a monthly basis so here you can see kind

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 of the totals of how many mentor sessions how many member only events we

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 did lunch and lunch and then our startup and tech focused events and we were

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 really thrilled we celebrated five years of being open in August and we were able

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 to do an official chamber ribbon cutting where the mayor spoke a few words and

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 we were really able to celebrate kind of an open house celebrating our recently

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 completed offices and our five-year birthday of being open and in our space

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 and that's it that's just kind of like a high-level overview of what we do and

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 what the program support does for for Stoke and for entrepreneurs and them I'm

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 happy to answer questions now or should we save them or you can answer questions

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 now if you want to ask questions about the annual report

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 I have just in regard to the vision of Stoke, I'm Steve, facilitating job creation and

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 retaining university students how do you actually track that what's your audit

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 process on are we being successful on that we I mean we we have systems that

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 track our member numbers and we're we're collecting information like I said from

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 the surveys but then also from tracking member numbers and members are students

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 we do have some we do have some student members for tracking who's attending

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 events where we yeah we have kind of an internal tracking system in terms of

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 who's participating how and where and and maintaining those those kind of

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 relationships with each entity and as far as facilitating job creation I saw

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 the member growth of some of the members member companies I guess I'm I apologize

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 y'all yeah somewhat confused between member and member company so that's a

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 great question so and because we do have we have we have remote workers we have

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 individual freelancers that are one person working at Stoke it's one one

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 person one company being represented but we do have some companies that have

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 anywhere between two I mean over time there they have anywhere between two and

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 ten employees that are based out of Stoke and so one company sometimes does

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 represent more than one member so we count member as an individual person who

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 has access to our space in a member company is that kind of overarching

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 entity any questions you all are obviously much more familiar with this

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 so I we've been here every year okay so as Heather mentioned we do have an

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 agreement with Stoke and it's time to renew that agreement so we're going to

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 take a look at today like to receive a report we'll discussion and give stuff

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 direction regarding the one-year renewal of the contract and we also ask you to

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 make a recommendation to City Council to approve so Stoke activities is we just

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 went through with her presentation they have had memory events 25 memory events

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 48 mentor sessions and hosted the startup and tech events and actually

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 they go beyond just managing the co-working space where Stoke provides

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 programming and has grown to include things like the Flint Conference Gold

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 Walter and Pranavar week the startup crawl innovation group podcast conversations

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 and coffee and then the accelerator startup incubator program with TWA you

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 Center for women entrepreneurs and this year I got to participate in that when

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 they did their pitch contest and it was really a fun event and do not anything

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 like what I expected it to be so I was really excited to be part of that and

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 Hickory Rail Ventures has been managing the Denton Stoke location since 2017

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 and Stoke Denton was created as a program within the city of the City

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 Office of Economic Development and then we went on to lease the co-working space

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 last year as Heather commented Council directed us to turn over that ownership

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 of assets and other things to Stoke so now they're managing that full-time in

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 the new agreement that we started with Stoke last year it began on July of 2021

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 Stoke has gone on to not just meet the expectations of agreement but gone past

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 what we've asked them to do and so this year we'd like to look at a new

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 agreement that should begin until January 1st of 2022 and just kind of

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 looking at the end of the agreement and going forward again that contract the

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 current contract ends on June 30th the part of the start of the agreement with

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 Stoke was to help them through some of the things that happened over the last

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 few years we've had COVID small businesses have been suffering and so

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 we've been seeing a more need for entrepreneurs and that is also part of

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 our new strategic plan so HRV Stoke has had a significant increase in programming

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 and the new program that they have is actually part of our strategic plan goals

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 so part of those goals is to champion and convene it's hard to access capital

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 capital for the entrepreneurs building that ecosystem for entrepreneurs

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 promoting Denton's creative brand and then growing their own talent initiative

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 and those are some of the things that you saw in the agreement if you had an

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 opportunity to be through that if you don't let me know and I'm happy to pull

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 it out and show that to you in general terms the agreement HRV and the city

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 want your partnership agreement focused on supporting the strategic the city's

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 strategic efforts in that area of entrepreneurship tech and small business

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 support it is a one-year agreement and the financial support ask is $143,170

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 and the key activities that we're looking at our event support so again

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 those programs such as Flint Conference startup global entrepreneur week

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 programming support for the lunch and learns accelerator incubator programs

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 copying combos marketing support the blogs podcast video social media and the

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 ecosystem support and those are all things that happen because we support

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 Stoke and we provide that that financial support to them to make those programs

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 happen we will continue with monthly meetings with Stoke and an executive

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 director Heather and economic development staff currently we do need on

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 more than a monthly basis we're always in communications with Heather Heather

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 does provide us with monthly reports that coincide with our strategic action

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 items and we do track those and the information providing those reports is

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 included in our quarterly report matrix report so each quarter the EDP board

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 receives a quarterly strategic plan report and that'll be coming out next

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 month so we just finished a quarter so in the next EDP board meeting you'll be

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 seeing that but if you don't have access to it right now let us know and I'll be

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 sure to give you our previous report and then also Stoke is required to provide

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 us with an annual report which is provided to you here so one new impact

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 to the proposed budget is support for a new program that we'd like to launch

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 through Stoke and it's an entrepreneur expo and pitch contest this does fall

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 within our strategic plan goal - which is to foster growth entrepreneur expo would

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 be the expo is a place for entrepreneurs to come connect directly with customers

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 it's a platform for them to showcase their talents excuse me and also to

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 help them connect with other like-minded entrepreneurs a new aspect of that is a

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 pitch contest and while pitch contests aren't new what is new is that we'd like

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 to offer a cash direct prize to the entrepreneurs so part of that cash direct

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 program along with the other parts of that to to the entrepreneur would be

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 mentorship training support and resources from established agencies

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 because we do partner with the workforce of North Texas we partner with the ISD

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 with TWU, UNT and all of those programming together have identified and

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 established programs to help entrepreneurs so part of the pitch

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 contest win would be to also complete those programs and go through some of

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 the additional training and then we also want to include products reports to

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 track their success through those programs and how they were you how they

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 utilize the funds to develop and advance their business so and also this new

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 pitch expo and contest is in partnership with all the business Alliance group

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 members if you're not familiar with that it's a new group that was started last

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 year by our business development administrator and it brings together all

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 of the entities in Denton that support entrepreneurs and it's a way for us to

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 collaborate work together to support entrepreneurs without duplicating

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 efforts wherever we can so it's a good way to bring us all together and so

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 staff recommendations approval of the renewal of the agreement with a

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 recommendation to City Council any questions for me see the line

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 the ten thousand dollars is that a ten thousand dollar prize or is that some

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 program support and a prize that's some smaller amount well one of the parts of

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 the strategic plan is to bring cash on to entrepreneurs and so the idea is to

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 have the ten thousand dollars spread out between several winners so that that way

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 they they receive that influx of cash something to help them maybe it's a new

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 business a new entrepreneur and they need some specialized equipment or maybe

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 they want to get it into lease a new space it's whatever they identify as the

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 need and that's part of the application for the for the pitch contest is asking

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 them how we use these funds you know we want to make sure that they're used to

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 promote the business and to grow their entrepreneur business whatever that may

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 be and so we've identified a low medium and high as far as experience and

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 activity for the entrepreneurship so maybe you have someone using in the idea

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 state but they have some vetting of that that requires some funds then you have

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 your new startup maybe they've only been in business a couple years they have some

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 expansion they want to do or maybe it's someone's been in business for maybe

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 three to five years and they want to start with an employee or are using

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 specialized training so they can finish what it is in their process that they're

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 producing so they have to identify here's how I'm going to use the money

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 here's why I'm asking for it and then that's part of the competition aspect

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 it doesn't be part of the pitch so it's up front not as they win and as

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 requested right that particular part hasn't quite been identified yet we're

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 still getting that out but that is something that we're looking at

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 discussing because it it sometimes depends on the entrepreneur right what

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 is the need that they have and maybe someone comes in and they've already

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 gone through some of the training programs that we've identified that are

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 needed to go through as part of the contest and so I think that's something

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 that the Alex group needs to talk about a little more and and that out with some

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 of the experiences that Heather's had with her with the contest. I was curious if

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 there's other communities out there that are doing this. Yeah it is. The University of

246
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 Oklahoma has a scholarship grant program like this that they have all their

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 entrepreneurship pitch and that's where we got a lot of the bones for it is

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 through theirs and they've been doing theirs I think they're on year five of

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 their program and they do get the money right up front but they don't have any

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 of the follow-up questions or or you know kinds of requirements that we're

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 asking of our entrepreneurs because we want to support them and help them grow

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 and without you just sometimes it's giving the money's on enough.

253
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 Sure so I was just curious is this I guess we only do a one-year agreement is

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 there why would we not do longer? You know as we were talking about the

255
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 transition that we had last year as we were owning the space it really altered

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 the relationship with HRV and as we went into that there were conversations at

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 the council level of what is our financial commitment as we move forward

258
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 we want to stair step that down what is the appropriate amount I think COVID

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 itself just kind of put a kind of a cloud over all that it's hard to tell we

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 know how important it is right now so our recommendation at this time is let's

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 keep that same level of service keeping that same contribution as we go into the

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 budget year and give us another year to have those conversations with council

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 and the truth matter is any of these contracts even if it was a multi-year

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 contract it still it still requires the budget conversation if it's not budgeted

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 and there's always that's a piece of the contract so a one-year contract is

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 essentially what it would be regardless but that's that's some of the history

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 that got us to this point of saying we're comfortable just keeping the same

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 commitment for this year and then having another conversation next year. I just

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 heard what you said about your four-year lease and looks like there's a lot of

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 financial support with all the activities that you do to promote so just trying to

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 see that partnership from the commitment organization. Any other

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 questions? From the the universities and ISD any feedback on how it's working how

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 it's modified changes that you would see. Yeah we're definitely seeing the skills

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 of the pitch and the entrepreneur expo in everything that we're doing we had a

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 presentation last night with our group that did interior design architecture

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 design and within our schools and working through some of that so we're

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 we're seeing that piece. The question I would ask on your $10,000 investment

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 prize so to speak or however you'd like to say is what outcomes are you seeking

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 from those individuals so that you know when you come back next time and we want

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 to do next year's budget the year after the year after what story do we have to

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 tell that this is what we got for her or this is what this entrepreneur got for

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 that $10,000 or it's what the community got for that business development we got

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 from that so what are the outcomes that we're seeking as a result of that piece?

284
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 We'd like to we'd like to see them grow and we'd like to see them return some

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 of their investment by sharing and coordinating with other entrepreneurs

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 and participating and staying in the community while they do that. So could

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 that be part of the application for the grant for the for that now how will we

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 know we were successful? You know how would we know how you know what's what

289
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 are we gonna look at? We are looking at so as far as the program being successful

290
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 won't be the number of participants in the pitch contest the participation and

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 completion of the mentorship activities and then how they utilize and the prize

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 to development to develop and advance their business. So we're looking at

293
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 checkbacks with them or our follow-up with them at like 3, 6, 9 and 12 months so

294
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 that way we have a good understanding and you know hopefully it works and you

295
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 know everyone utilizes the funds and it helps support them and that's why we were

296
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 asking for the extra or including the extra training because something we

297
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 found in a lot of our small businesses in Fenton is they're not financially

298
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 savvy so why they're really good at the business of making their their whatever

299
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 does they make the business part of it they're they're not that you know not

300
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 that educated on it and that came across really strongly when we were looking at

301
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 the grants that were made available for businesses during COVID right so many

302
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 businesses failed to receive funds because they didn't have the necessary

303
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 documentation or paperwork or their credit was poor or other things were

304
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 happening were preventing them from receiving funds and I think that I mean I

305
00:28:07,840 --> 00:28:10,800
 think that says a lot about our businesses and the need they have from

306
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 learning how to know the backing of the finance part of the business and that's

307
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 what we're hoping to help the entrepreneurs with at the beginning

308
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 level of starting their company and their businesses they're going to

309
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 understand the financial piece of that and that's why we're asking for the

310
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 additional training and programming I see a huge benefit of making that happen

311
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 for a couple reasons one if you have a desired outcome when you start if you

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 don't get there you learn what supports to need to put in place to help them get

313
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 there right and so I think I think it's one thing to have numbers of people

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 participate or mentors ours that's really you know quantitative data that's

315
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 just collected but it's not necessarily influencing the success of what you're

316
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 asking them to do so I think you know having them put that application working

317
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 through that so that you know what how to help them when they don't get to that

318
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 mark which is what you want to do right you want to help them be successful

319
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 because that makes everybody successful and and I think that's a that's a big

320
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 piece is no one how are we going to know what you're hitting so that we can

321
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 support you along the way if in fact you aren't hitting it along the way just like

322
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 teaching kids to read right and I would just say along those lines you can put

323
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 it to where how does it speak to you the mission mission values of stoke as well

324
00:29:27,440 --> 00:29:30,560
 that's right I think that's great

325
00:29:30,560 --> 00:29:37,320
 I was gonna say I agree because I'm assuming I don't know as much about this

326
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 function either but they were you know they're getting to use the space in some

327
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 of these services for free so you at some point you gotta have also there so

328
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 that failures launch and so that we can make sure that we're serving the highest

329
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 and best use I do like it that we probably should all do this more but the

330
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 city partner because either for mission so ours because it's coming through the

331
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 sister grants really targeted to women-owned businesses so you only any

332
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 part of the population to work on state funds so there's limitations on that for

333
00:30:07,680 --> 00:30:12,240
 example the cage of marketing the cage for rent so city funds may be of use for

334
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 the other purpose so it's gotta be a partnership of different sources of

335
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 funds to help them most so I do think assuming they try but you know there's

336
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 also expertise within the universe we should be tapping into because to your

337
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 point about the business acumen or whatever they can do to the volunteer

338
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 time and said and just answer people's questions so that we're doing a service piece to bring in

339
00:30:33,800 --> 00:30:39,600
 other information in that have access to unless they have papers

340
00:30:39,600 --> 00:30:48,040
 so I I mean obviously I understand why we want to do this through Stokes since

341
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 it's a city investment I do think that Jane Nelson Center for Entrepreneurship

342
00:30:53,440 --> 00:30:57,600
 is such I mean it's a statewide tremendous resource in our backyard so

343
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 I would just I mean my thoughts where I hope we were leverage the practices that

344
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 they have I think it's more about you know giving the money but the support

345
00:31:08,760 --> 00:31:14,720
 that you know how how to do a pro forma statement so and that can be done

346
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 through that or I mean that the Center for Entrepreneurship I think the other

347
00:31:19,880 --> 00:31:26,520
 pieces who you know who's viewing the candidates and who's choosing and I know

348
00:31:26,520 --> 00:31:32,560
 that I think most of the startups that we're seeing are more retail type or

349
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 internet retail type startups and from a university perspective we would love to

350
00:31:38,400 --> 00:31:43,320
 see that be more science tech and I think the strategic plan vision for the

351
00:31:43,320 --> 00:31:47,840
 city but you know I think you can only choose the winner based on the

352
00:31:47,840 --> 00:31:53,240
 applicants but if there's a way to incentivize those and you know how

353
00:31:53,240 --> 00:31:58,300
 they're decided I mean we know hackathons we know that any sort of

354
00:31:58,300 --> 00:32:03,680
 incentive to get people to come forward is good it's the support resources to do

355
00:32:03,680 --> 00:32:09,080
 that and you know I think our John McCary the head of our Center for

356
00:32:09,080 --> 00:32:12,400
 Entrepreneurship and Innovation will be a good person to sit on the panel to review

357
00:32:12,400 --> 00:32:18,200
 as would Tracy or other folks. I could just share with you the business

358
00:32:18,200 --> 00:32:22,120
 allies that are helping with the pitch contest so you have economic development

359
00:32:22,120 --> 00:32:29,480
 the Chamber of Economic Development, Genblog Chamber, UNT Murphy Center for

360
00:32:29,480 --> 00:32:33,920
 Entrepreneur and Innovation, TWU Center for Women, United Way, Texas Workforce,

361
00:32:33,920 --> 00:32:41,380
 Fit and ISP Career and Technology Center, Education, NCTCE, the SBDC and then of

362
00:32:41,380 --> 00:32:44,800
 course Stoke and then the Main Street Association so all of those partners are

363
00:32:44,800 --> 00:32:50,200
 coming together to review the applicants and beyond the review board for the

364
00:32:50,200 --> 00:33:00,320
 pitch contest. Any other conversation? I mean in their application I mean I use the word

365
00:33:00,320 --> 00:33:03,640
 performance measures and maybe that's not the best thing for every applicant but

366
00:33:03,640 --> 00:33:10,320
 same time it's on $10,000 total right we're not breaking the bank but if it's

367
00:33:10,320 --> 00:33:13,880
 successful then there probably will be an ask next year until it's increased and

368
00:33:13,880 --> 00:33:19,200
 more people involved and because the council is very focused on small

369
00:33:19,200 --> 00:33:24,000
 business incentives right now less so than some of our larger economic

370
00:33:24,000 --> 00:33:29,280
 development activities so maybe the applicants can help define their own

371
00:33:29,280 --> 00:33:32,920
 performance measures and then if they're let's say I come in and I say I want to

372
00:33:32,920 --> 00:33:37,040
 make 3,000 widgets and sell them all by the end of next quarter and that's my

373
00:33:37,040 --> 00:33:40,480
 that's my pitch is I'm going to get the special equipment and make 3,000 widgets

374
00:33:40,480 --> 00:33:44,800
 and the panel says man that's a really cool idea we don't think you can do that

375
00:33:44,800 --> 00:33:52,080
 we think we're going to set your measure at a thousand widgets and that the how

376
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 to define their success kind of comes from the applicant and they can be kind

377
00:33:56,080 --> 00:34:01,000
 of adjusted up or down by the approving panel or whoever over Wednesday say yeah

378
00:34:01,000 --> 00:34:05,120
 we're going to prove it this and out you're gonna you're gonna you won this

379
00:34:05,120 --> 00:34:13,520
 amount of money and your performance measures are defined this way and that's

380
00:34:13,520 --> 00:34:17,800
 another I mentioned that because that's another item right now with the council

381
00:34:17,800 --> 00:34:23,640
 is performance measures and return on investment and making sure that we're

382
00:34:23,640 --> 00:34:29,360
 even at very low dollar amounts investing well in the community and not

383
00:34:29,360 --> 00:34:35,880
 getting burned. One of our members, Tracey Irby, she's with the TWA center for one of our

384
00:34:35,880 --> 00:34:41,680
 today hours, she has some really good guidelines and she's been really a

385
00:34:41,680 --> 00:34:46,440
 wonderful help and helping us to determine you know how do we want to

386
00:34:46,440 --> 00:34:50,680
 map this and and what are the things we need to focus on and ask them and and

387
00:34:50,680 --> 00:34:54,480
 there's some things that they mentioned I was like I I would not even thought of

388
00:34:54,480 --> 00:34:57,520
 that so that's why it's really good to have all these partners in and get

389
00:34:57,520 --> 00:35:02,560
 everyone's experience and an input on what is the best practice for this and

390
00:35:02,560 --> 00:35:06,560
 there's nothing that says that after the first year we can't adjust it and make

391
00:35:06,560 --> 00:35:10,960
 changes you know but being our first year out you know we're just trying to

392
00:35:10,960 --> 00:35:17,240
 trying to produce metrics that we can continue to grow and build on so that it

393
00:35:17,240 --> 00:35:23,200
 is a successful program. I think those are good people that you have advising on

394
00:35:23,200 --> 00:35:28,160
 what the metrics should be because again no one wants to stay here a year from

395
00:35:28,160 --> 00:35:31,400
 now and say we gave away ten thousand dollars and they're out of business so

396
00:35:31,400 --> 00:35:36,360
 ensuring that those you know like those processes are in place to support and

397
00:35:36,360 --> 00:35:42,240
 educate the entrepreneur and at least from an education perspective we have a

398
00:35:42,240 --> 00:35:45,680
 lot of faculty with great ideas that spin off companies but if you don't have

399
00:35:45,680 --> 00:35:48,520
 the business sense or you know aren't you aren't supportive of the business

400
00:35:48,520 --> 00:35:53,040
 acumen then they fail they have a high risk of failure but Tracy's process is

401
00:35:53,040 --> 00:36:00,080
 great. Great conversation Heather, Christine thank you for navigating that

402
00:36:00,080 --> 00:36:05,440
 with us any other comments if not we're gonna take it to vote I believe we do

403
00:36:05,440 --> 00:36:11,400
 need recommendation for this right yes forward so anyone that would put forward

404
00:36:11,400 --> 00:36:22,960
 a motion motion to carry and second thank you any other conversation we'll

405
00:36:22,960 --> 00:36:30,120
 move to vote all in favor say aye aye any opposed okay thank you all great

406
00:36:30,120 --> 00:36:42,320
 conversation the next Eric I believe you are addressing that's 22 - 0 22 alright

407
00:36:42,320 --> 00:37:09,600
 I've never had that happen well you came back okay good morning my name is

408
00:37:09,600 --> 00:37:13,380
 Erica Sullivan I'm the economic development program administrator we're

409
00:37:13,380 --> 00:37:18,040
 going to be talking about incentive policies and the evaluation matrix so the

410
00:37:18,040 --> 00:37:23,560
 objective today is to provide the information that well this board in

411
00:37:23,560 --> 00:37:28,120
 February May and the City Council made at the March work session and then seek

412
00:37:28,120 --> 00:37:33,960
 direction from EDP regarding those changes so we're going to go over five

413
00:37:33,960 --> 00:37:38,200
 topics today so we're going to have the EDP recommendations again from February

414
00:37:38,200 --> 00:37:42,960
 we're gonna have the council direction from the March work session the changes

415
00:37:42,960 --> 00:37:46,200
 that the council suggested to the strategic growth areas as well as the

416
00:37:46,200 --> 00:37:50,440
 changes that both bodies made to the evaluation matrix and then we're going

417
00:37:50,440 --> 00:37:56,160
 to discuss living wage and income limit considerations that council directed so

418
00:37:56,160 --> 00:38:03,320
 we'll begin with EDP recommendations so the EDP recommended that both staff and

419
00:38:03,320 --> 00:38:08,280
 the EDP board recommendations on the evaluation matrix be brought up before

420
00:38:08,280 --> 00:38:11,840
 council so you have both parties participating and then full of

421
00:38:11,840 --> 00:38:16,480
 perspectives another category was added to three of the sections and you have

422
00:38:16,480 --> 00:38:20,420
 the evaluation matrix at your table so we have the strategic growth areas for

423
00:38:20,420 --> 00:38:24,320
 those who weren't here that's our former industry sectors then we have our

424
00:38:24,320 --> 00:38:29,040
 priority considerations and then we have our public benefit considerations so ten

425
00:38:29,040 --> 00:38:33,260
 points would be added to each category so if something didn't fit within the

426
00:38:33,260 --> 00:38:39,680
 categories you could put it in there then we also had a request from this board to

427
00:38:39,680 --> 00:38:44,880
 increase the expansion of the tax base and the fiscal impact categories by five

428
00:38:44,880 --> 00:38:50,120
 points and then request was also made for range cohorts of four acceptable and

429
00:38:50,120 --> 00:38:56,520
 excellent added to the evaluation matrix and then staff also added the sub totals

430
00:38:56,520 --> 00:39:04,120
 to just make it easier to calculate EDP also requested example projects to be

431
00:39:04,120 --> 00:39:09,120
 included in that evaluation matrix so we selected as staff three projects the

432
00:39:09,120 --> 00:39:12,920
 first project has a significant tax base and capital investment this was a tax

433
00:39:12,920 --> 00:39:17,640
 payment the second project is a local expansion project and they received a

434
00:39:17,640 --> 00:39:21,800
 chapter 380 agreement and then the final ones an entrepreneur tech project

435
00:39:21,800 --> 00:39:28,400
 received an expansion and job-based grant through a chapter 380 agreement so that

436
00:39:28,400 --> 00:39:34,000
 was the EDP direction the council direction the first thing the council

437
00:39:34,000 --> 00:39:37,800
 asked is that we include two additional names our industry codes to our

438
00:39:37,800 --> 00:39:41,320
 strategic growth areas again these are our former industry sectors for those of

439
00:39:41,320 --> 00:39:45,680
 you who weren't here and so they requested that we add 711 the performing

440
00:39:45,680 --> 00:39:50,520
 arts since we are creative here and 512 music production publication to the

441
00:39:50,520 --> 00:39:56,020
 creative strategic growth area and then they also requested an additional

442
00:39:56,020 --> 00:40:00,400
 consideration to encourage minimum and or living wages for all new employees to

443
00:40:00,400 --> 00:40:07,360
 the matrix so adding this additional consideration it would also be included

444
00:40:07,360 --> 00:40:11,760
 in the policy so it's included here in this slide as well for council changes

445
00:40:11,760 --> 00:40:17,040
 and requests to policies that one council member also made a request for a

446
00:40:17,040 --> 00:40:22,360
 threshold for a minimum hourly wage requirement for all new jobs that were

447
00:40:22,360 --> 00:40:26,960
 created by the project so the first one requested $21 per hour to encourage

448
00:40:26,960 --> 00:40:30,640
 nice dress encourage and the second one would be a requirement a threshold

449
00:40:30,640 --> 00:40:33,760
 requirement of at least 15 and that's a point to start from and that's what the

450
00:40:33,760 --> 00:40:38,320
 council suggested the council also wanted more information so they

451
00:40:38,320 --> 00:40:43,400
 requested information on the average and median wages to begin in addition to

452
00:40:43,400 --> 00:40:47,600
 that they talked about living wage so the mayor actually requested

453
00:40:47,600 --> 00:40:51,120
 information from Texas Workforce Solutions and then staff I brought up

454
00:40:51,120 --> 00:40:56,840
 the income limits from HUD and then I also found MIT income living wage

455
00:40:56,840 --> 00:41:00,520
 calculations as well that will be presented later on in the presentation

456
00:41:00,520 --> 00:41:06,120
 so strategic growth areas again these are our former industry sectors used to

457
00:41:06,120 --> 00:41:09,400
 the two changes again there were different sections there was connective

458
00:41:09,400 --> 00:41:13,560
 there's creative there was sustainable and competitive this was just to the

459
00:41:13,560 --> 00:41:17,400
 creative sector and then these are the two five one two and seven eleven for

460
00:41:17,400 --> 00:41:23,520
 the performing and creative arts evaluation matrix again this includes

461
00:41:23,520 --> 00:41:28,480
 both the EDP board and City Council EDP changes are noted in red and City

462
00:41:28,480 --> 00:41:33,720
 Council changes are noted in green to make it easier so here it is it's also

463
00:41:33,720 --> 00:41:40,640
 at your table and we'll go over each section individually so the first

464
00:41:40,640 --> 00:41:46,480
 section is our strategic growth areas our industry codes these are our targets

465
00:41:46,480 --> 00:41:51,200
 our industry sector targets so you'll see that other has been added to this

466
00:41:51,200 --> 00:41:54,760
 section others been added to each of the categories and this is an EDP

467
00:41:54,760 --> 00:41:57,880
 recommendation and then you'll see the subtitles so those are the changes and

468
00:41:57,880 --> 00:42:02,200
 also change the point structure so all those are denoted in red and then you

469
00:42:02,200 --> 00:42:06,280
 have the actual scoring so we have three the three samples we talked about so the

470
00:42:06,280 --> 00:42:10,600
 capital the expansion and the tech so the capital high project and the

471
00:42:10,600 --> 00:42:14,480
 expansion project fell under connective and then the entrepreneur tech fell

472
00:42:14,480 --> 00:42:21,160
 under creative this is the second half of the priority our first half of the

473
00:42:21,160 --> 00:42:26,400
 priority considerations and you'll see that under generating new utility

474
00:42:26,400 --> 00:42:31,320
 customers the capital example did very well here which makes sense encouraging

475
00:42:31,320 --> 00:42:34,240
 new business market suppliers and entrepreneurship the entrepreneur

476
00:42:34,240 --> 00:42:38,880
 samples for highest in this category the capital sample was the only one that had

477
00:42:38,880 --> 00:42:43,600
 engaged the sustainable practices in their application increasing high-wage

478
00:42:43,600 --> 00:42:50,440
 jobs you'll see that the tech samples for the best in this category moving on

479
00:42:50,440 --> 00:42:54,440
 to the second half of the priority considerations you will see in green

480
00:42:54,440 --> 00:42:58,040
 it's the council recommendation so this is encouraging a living wage for all

481
00:42:58,040 --> 00:43:03,160
 employees and they suggested 21 an hour which equates to forty three thousand

482
00:43:03,160 --> 00:43:07,680
 six eighty annually and since we've been doing everything else via annual and our

483
00:43:07,680 --> 00:43:13,000
 policies converted it to annual you'll see also the other consideration that

484
00:43:13,000 --> 00:43:17,300
 this board recommended and then the subtotal as well and then so moving to

485
00:43:17,300 --> 00:43:22,480
 the evaluation portion the capital sample the expansion and the tech

486
00:43:22,480 --> 00:43:27,440
 encouraging non-space jobs the tech scored highest in this category it's

487
00:43:27,440 --> 00:43:30,280
 where an infill development redevelopment the expansion project

488
00:43:30,280 --> 00:43:34,560
 utilized a building that had been vacant for two years so they scored highest in

489
00:43:34,560 --> 00:43:39,200
 this category encouraging a living wage this is a new category so we I did

490
00:43:39,200 --> 00:43:43,720
 evaluation of this after council so you can see that the tech entrepreneur does

491
00:43:43,720 --> 00:43:47,880
 best in this particular category none were headquarters they're not included

492
00:43:47,880 --> 00:43:51,280
 there and then child care assistance wasn't something that we asked prior so

493
00:43:51,280 --> 00:43:56,280
 we didn't have any data on that and then other considerations for a max of ten

494
00:43:56,280 --> 00:44:01,120
 points the capital sample was regional distribution they had some ISO standards

495
00:44:01,120 --> 00:44:05,280
 that we gave them to staff gave additional credit for as well as the

496
00:44:05,280 --> 00:44:11,480
 expansion intact for their retention of jobs and I missed one item in the other

497
00:44:11,480 --> 00:44:17,600
 category so the other category staff evaluation on the strategic growth areas

498
00:44:17,600 --> 00:44:22,920
 the expansion sample had two industry codes so they had aerospace and

499
00:44:22,920 --> 00:44:26,280
 manufacturing so they were given additional points for their aerospace and

500
00:44:26,280 --> 00:44:30,120
 then the tech entrepreneur sample had different spoke companies offshoot

501
00:44:30,120 --> 00:44:37,280
 companies so they were given different additional points for that as well so

502
00:44:37,280 --> 00:44:42,360
 we'll move on to the public benefit section and so this board had asked for

503
00:44:42,360 --> 00:44:46,840
 additional points to be considered for the expanding the tax phase and fiscal

504
00:44:46,840 --> 00:44:51,600
 and economic impacts and then you see the other and then the subtitle changes

505
00:44:51,600 --> 00:44:56,600
 as well as the point structure changes in red as far as the evaluation expanding

506
00:44:56,600 --> 00:45:00,600
 the tax base you can see that the high tax base capital tax evasion scored the

507
00:45:00,600 --> 00:45:04,960
 best in this category fiscal and economic impacts both the capital sample

508
00:45:04,960 --> 00:45:09,040
 and the tech sample scored well the spinoff of jobs and that type of thing

509
00:45:09,040 --> 00:45:14,240
 and the community investment you'll see the public-private partnership the

510
00:45:14,240 --> 00:45:17,920
 capital sample had a lot more partnerships with different entities and

511
00:45:17,920 --> 00:45:22,320
 then they use the local contractors the other factors I didn't award any

512
00:45:22,320 --> 00:45:28,460
 additional other in this particular category and then so the final request

513
00:45:28,460 --> 00:45:32,360
 that this board made was to actually put these into cohorts so we have poor

514
00:45:32,360 --> 00:45:36,400
 acceptable and excellent and you will see the total scores for each of these

515
00:45:36,400 --> 00:45:41,460
 and so two of them were at the high end of the acceptable category and then the

516
00:45:41,460 --> 00:45:50,040
 capital sample scored excellent we'll now move on to living wage and income

517
00:45:50,040 --> 00:45:57,840
 considerations so again we talked about the things that council requested

518
00:45:57,840 --> 00:46:01,080
 encouraging a living wage for all employees of at least twenty one dollars

519
00:46:01,080 --> 00:46:06,240
 or forty three six eighty annually a threshold for a minimum hourly wage of

520
00:46:06,240 --> 00:46:11,760
 at least fifteen per hour or thirty one thousand two hundred out annually and

521
00:46:11,760 --> 00:46:15,800
 then both encouraging a living wage and minimum hourly wage for all new employees

522
00:46:15,800 --> 00:46:19,840
 could also be considered so you could do both one or the other in your

523
00:46:19,840 --> 00:46:23,040
 recommendation and then there's a summary table of what's proposed from

524
00:46:23,040 --> 00:46:29,240
 council and it's a point to start from and it will aid in our discussion so the

525
00:46:29,240 --> 00:46:33,600
 most basic information we'll start with that with annual and hourly wages or

526
00:46:33,600 --> 00:46:39,280
 average wage and median wage for the county for Denton County and the source

527
00:46:39,280 --> 00:46:47,860
 is MC our statistical package that we utilize and the MIT living wage

528
00:46:47,860 --> 00:46:52,040
 calculation for Texas is presented here you also have it at your table and I

529
00:46:52,040 --> 00:46:56,360
 presented it in both hourly on one side and annual on the other side to make it

530
00:46:56,360 --> 00:47:02,920
 easier but you'll see on the top you have the number of adults and then the

531
00:47:02,920 --> 00:47:06,360
 next row you'll see the number of children and it increases as you go

532
00:47:06,360 --> 00:47:10,360
 towards the right and then you have on the very bottom your minimum wage on

533
00:47:10,360 --> 00:47:14,160
 the top you have your living wage and then you have your poverty wage I went

534
00:47:14,160 --> 00:47:17,760
 ahead and put bold a family of four for each of the things that we're going to

535
00:47:17,760 --> 00:47:21,120
 discuss we'll begin with the first table which is the only living wage

536
00:47:21,120 --> 00:47:24,480
 calculator the next two are going to be income limits they're not apples to

537
00:47:24,480 --> 00:47:29,080
 apples exactly but I think they helped give us a better idea another thing

538
00:47:29,080 --> 00:47:32,400
 that we've looked at is other cities so we looked at what other cities are

539
00:47:32,400 --> 00:47:36,120
 using for living wage a number of them don't have it but the city of Austin

540
00:47:36,120 --> 00:47:42,000
 does and it's $15 per hour the city of San Antonio and Dallas are a little over

541
00:47:42,000 --> 00:47:46,440
 11 an hour so we're seeing a range of about 11 to 15 dollars from other

542
00:47:46,440 --> 00:47:54,160
 samples the next is HUD Department of Housing and Urban Development and these

543
00:47:54,160 --> 00:47:59,920
 are the income limits for the Dallas MSA and so they based this based on median

544
00:47:59,920 --> 00:48:04,120
 income so you'll see the number of persons in the family then you'll see

545
00:48:04,120 --> 00:48:08,680
 the family increases you go across and then you'll see low 80% of the income

546
00:48:08,680 --> 00:48:14,200
 limit followed by 50% of the income limit and then finally extremely low and

547
00:48:14,200 --> 00:48:24,080
 again we highlighted in bold for person household and then finally the request

548
00:48:24,080 --> 00:48:27,640
 was to include Texas Workforce Commission information on the Innovation

549
00:48:27,640 --> 00:48:31,480
 and Opportunity Act eligibility requirements and this is also for the

550
00:48:31,480 --> 00:48:35,920
 Dallas Board in the state and this is what Workforce Development Board used

551
00:48:35,920 --> 00:48:41,200
 for this particular grant program you'll see again as the number of persons in

552
00:48:41,200 --> 00:48:45,360
 the household increases so this that as you go across and again for member

553
00:48:45,360 --> 00:48:49,240
 household is highlighted just so you can get an idea and again the sample

554
00:48:49,240 --> 00:49:00,080
 estimates from other cities came in between 11 and 15 so one of the things

555
00:49:00,080 --> 00:49:04,000
 that we discussed the last time in February was the evaluation matrix and

556
00:49:04,000 --> 00:49:07,680
 how we wanted to include it so the evaluation matrix can be utilized as an

557
00:49:07,680 --> 00:49:12,680
 internal document or as an exhibit to the policies staff recommends if we do

558
00:49:12,680 --> 00:49:16,040
 include it we do it in the same manner that we do our application so that we

559
00:49:16,040 --> 00:49:20,840
 can update it as needed particularly for clarification so that both parties

560
00:49:20,840 --> 00:49:28,400
 understand it we notice that when we did our application the first time options

561
00:49:28,400 --> 00:49:32,440
 and staff recommendations concerning the policies and the documents that support

562
00:49:32,440 --> 00:49:36,240
 the policies the EDP board can recommend the incentive policies and incentive

563
00:49:36,240 --> 00:49:41,200
 evaluation matrix with the proposed changes from the board and council to

564
00:49:41,200 --> 00:49:45,320
 City Council and then this also this board can also make a recommendation to

565
00:49:45,320 --> 00:49:49,280
 include items exclude items or provide other direction concerning the incentive

566
00:49:49,280 --> 00:49:56,080
 policies and incentive evaluation matrix in the board's recommendation I'll be

567
00:49:56,080 --> 00:49:59,720
 happy to answer questions review items go back over items like I said you have

568
00:49:59,720 --> 00:50:05,640
 the three different tables at your table with goals hourly and annual wages if

569
00:50:05,640 --> 00:50:15,840
 you flip it on each side okay great information to digest any

570
00:50:15,840 --> 00:50:19,280
 questions of Erika

571
00:50:19,280 --> 00:50:32,240
 if you want to make a recommendation to council the recommendation was made

572
00:50:32,240 --> 00:50:35,000
 during council council requested additional information you're

573
00:50:35,000 --> 00:50:39,080
 receiving that additional information first this particular board is picked

574
00:50:39,080 --> 00:50:43,600
 for their specialties in economic development aviation and the like so if

575
00:50:43,600 --> 00:50:46,080
 you'd like to make a written recommendation I think that would be

576
00:50:46,080 --> 00:50:52,920
 wonderful we provided different information as well as cost to help aid

577
00:50:52,920 --> 00:50:59,480
 you in that process so the recommendation is to repeat from the City Council is

578
00:50:59,480 --> 00:51:09,080
 that the lowest to receive incentives is $15 and the average and highest $21 right

579
00:51:09,080 --> 00:51:13,960
 one is to encourage and that was at 21 and that would be under our priority

580
00:51:13,960 --> 00:51:18,480
 considerations and you could do that make a recommendation for that you can

581
00:51:18,480 --> 00:51:22,520
 make a recommendation for the minimum threshold requirement remember this

582
00:51:22,520 --> 00:51:28,640
 would be a requirement of $15 or any other you can make a using these tables

583
00:51:28,640 --> 00:51:32,520
 are using the comps that I provided you could come up with another thing in

584
00:51:32,520 --> 00:51:37,920
 addition to the living wage that's the more more of a discussion item what we

585
00:51:37,920 --> 00:51:44,960
 also want to talk about the two additional creative nicks as well so we

586
00:51:44,960 --> 00:51:52,040
 would be recommending like I said what presented here or some other version of

587
00:51:52,040 --> 00:52:04,400
 what's presented here at the board's discretion sorry no there was quite a

588
00:52:04,400 --> 00:52:09,560
 bit of consensus for living white and Jesse can correct us if we're wrong

589
00:52:09,560 --> 00:52:14,360
 that that was one thing that we received from council another member

590
00:52:14,360 --> 00:52:20,760
 requested the threshold I don't know that anybody else commented on it but

591
00:52:20,760 --> 00:52:26,200
 it's it's something that we can definitely discuss I don't recall

592
00:52:26,200 --> 00:52:29,960
 consensus for the threshold I think it was definitely a conversation and we

593
00:52:29,960 --> 00:52:34,880
 like to incent businesses that are bringing good good-paying jobs all that

594
00:52:34,880 --> 00:52:40,960
 kind of stuff I don't I don't recall consensus for a for a threshold there

595
00:52:40,960 --> 00:52:46,080
 was a consensus for more math more than because the numbers that were thrown at

596
00:52:46,080 --> 00:52:50,280
 the council meeting were numbers you might read the newspaper or back at the

597
00:52:50,280 --> 00:52:59,280
 cocktail back in the envelope not this level specific the main thing we asked

598
00:52:59,280 --> 00:53:03,360
 more was somebody who knows how to do this map do this map and tell us what

599
00:53:03,360 --> 00:53:10,240
 living wages are I think my concern would be the threshold of $15 when we're

600
00:53:10,240 --> 00:53:17,400
 comparing to Dallas at at 11 I mean the cost of living I would argue might be

601
00:53:17,400 --> 00:53:22,280
 less than Denton and just I don't know encouraging the activity right

602
00:53:22,280 --> 00:53:27,320
 encouraging us being able to offer incentives to companies if you're a

603
00:53:27,320 --> 00:53:34,720
 startup that just may not be possible I mean this is a inflation may totally

604
00:53:34,720 --> 00:53:38,320
 change that conversation I just would hate to have a threshold where you're

605
00:53:38,320 --> 00:53:43,040
 meeting so many other benchmarks and for you know Austin I guess just Austin and

606
00:53:43,040 --> 00:53:48,260
 Dallas don't feel like the best comparisons to Denton and if Dallas is

607
00:53:48,260 --> 00:53:51,400
 saying 11 so anyway I'm glad to hear that there was not consensus around the

608
00:53:51,400 --> 00:53:55,600
 threshold that would be my concern to your point the median wage you can see

609
00:53:55,600 --> 00:54:01,160
 here and then HUD used a basis off the median wage for the Dallas MSA it's much

610
00:54:01,160 --> 00:54:09,160
 higher it's 89,000 point I mean Amazon starting weight for hammers is 15 so

611
00:54:09,160 --> 00:54:13,640
 you're 15 this is 12 so if you turn away one of those companies because I mean

612
00:54:13,640 --> 00:54:16,280
 I mean it's just a percentage of the point but I mean to your point even

613
00:54:16,280 --> 00:54:21,280
 well-established companies now the man's driving their salaries up but you know

614
00:54:21,280 --> 00:54:26,040
 part of this now that's not what that's what hammers are getting those are great

615
00:54:26,040 --> 00:54:31,360
 I know it would exclude you and see I know that our threshold that's not 15

616
00:54:31,360 --> 00:54:36,280
 what an individual right I think that's a pretty I agree with you I think it's a

617
00:54:36,280 --> 00:54:40,740
 pretty hard requirement all right and depends on what your business model is

618
00:54:40,740 --> 00:54:46,200
 does that really need it it may not it doesn't add flexibility to those that

619
00:54:46,200 --> 00:54:51,760
 may have a really good idea and potentially can grow their business

620
00:54:51,760 --> 00:54:58,440
 one is encouraging one is a right department I would agree I think if we

621
00:54:58,440 --> 00:55:02,280
 put something in there to encourage it you know to say hey we get some

622
00:55:02,280 --> 00:55:05,920
 additional credit if you do meet these thresholds but they just put it as a

623
00:55:05,920 --> 00:55:11,800
 hard no if you're not here you know I think you know growing up my dad was a

624
00:55:11,800 --> 00:55:15,200
 forklift driver right there wasn't any forklift jobs in Denton when the Dr.

625
00:55:15,200 --> 00:55:19,600
 Pepper plant shut down you know made a road he had to drive to Fort Worth you

626
00:55:19,600 --> 00:55:23,720
 know to get a forklift driving job you know so I just don't think that should

627
00:55:23,720 --> 00:55:30,920
 just be a hard no I think we should encourage people who do offer higher

628
00:55:30,920 --> 00:55:36,880
 wage and jobs but I don't think you can just totally exclude because there are

629
00:55:36,880 --> 00:55:45,120
 people who need those jobs we decide to encourage using $21 an hour is what we

630
00:55:45,120 --> 00:55:50,760
 want to encourage or do we want to encourage another it's pretty hot that's

631
00:55:50,760 --> 00:56:00,640
 pretty hot a question so my family is five people to two working adult three

632
00:56:00,640 --> 00:56:06,040
 school-aged children and we have you know the daddy provided kind of gives us

633
00:56:06,040 --> 00:56:10,000
 ranges you know all different family makeups are single individuals where

634
00:56:10,000 --> 00:56:14,720
 they could fall on what kind of what MIT's calculator I guess defines as a

635
00:56:14,720 --> 00:56:19,240
 living wage or what income levels they have to be at to qualify for certain

636
00:56:19,240 --> 00:56:25,000
 benefits but you also highlighted the family of four and I know that's the

637
00:56:25,000 --> 00:56:29,000
 traditional thing we do right highlight that family of four but I'm thinking

638
00:56:29,000 --> 00:56:34,880
 about Amazon handlers I know any number of Amazon handlers and exactly one of

639
00:56:34,880 --> 00:56:38,800
 them is part of a family of four the rest of them tend to be younger or lower

640
00:56:38,800 --> 00:56:43,080
 skill level or living on their own just anecdotally those the people I know

641
00:56:43,080 --> 00:56:50,120
 Amazon handlers so how how should we look at this family of four because I

642
00:56:50,120 --> 00:56:55,360
 know when the council sees the data some council members are going to go all the

643
00:56:55,360 --> 00:56:58,960
 way to the left end of the thing what is the highest number I can justify and

644
00:56:58,960 --> 00:57:04,120
 build a case around from the table others will look and say well family of

645
00:57:04,120 --> 00:57:07,520
 four that's the thing we use and what's that what's the number I can justify

646
00:57:07,520 --> 00:57:13,440
 make a case for based on a family of four and others will say one adult zero

647
00:57:13,440 --> 00:57:16,520
 children that's who we're really blaming for we can't figure out how many kids

648
00:57:16,520 --> 00:57:21,080
 everybody's got we're building a case around what one person needs to make as

649
00:57:21,080 --> 00:57:25,320
 a living wage so I say all that just ask the question can you tell me about

650
00:57:25,320 --> 00:57:30,360
 family of four why we zero in on that and do we have data to support that we

651
00:57:30,360 --> 00:57:38,400
 should keep zeroing in on a family of four have naturally did it highlights family of right so

652
00:57:38,400 --> 00:57:45,320
 for continuity the family of four was highlighted I looked at one as well

653
00:57:45,320 --> 00:57:51,800
 personally for all of them so you can see one in four here with the Texas

654
00:57:51,800 --> 00:58:02,880
 workforce one in four with HUD and then one in four here as well because yeah

655
00:58:02,880 --> 00:58:07,280
 there are a lot of single parents that it may have one or two children but how

656
00:58:07,280 --> 00:58:13,840
 instigated when you download the chart they highlight the families work kind of

657
00:58:13,840 --> 00:58:17,200
 falls along with what my understanding the family of four is that's the way

658
00:58:17,200 --> 00:58:21,520
 we've always done it right so the feds stick with family for because that's our

659
00:58:21,520 --> 00:58:27,840
 base unit of a family is there any industry data on the workforce today

660
00:58:27,840 --> 00:58:38,280
 tends to be a huge range right most working adults are supporting one other

661
00:58:38,280 --> 00:58:48,720
 non-working we have a whole lot of data but I can't pinpoint the household that

662
00:58:48,720 --> 00:58:54,000
 and not that I can't try but off the top of my head now we can certainly look

663
00:58:54,000 --> 00:58:58,600
 well it may not it's just such a range in the workforce it may not be helpful

664
00:58:58,600 --> 00:59:05,320
 or it may not exist I'm just not I'm not sure I'm not sure the family of four

665
00:59:05,320 --> 00:59:12,280
 thing helps me in my thinking it may be very helpful other people that's not

666
00:59:12,280 --> 00:59:16,280
 specific in how they've written it right I think it's just a data point right it

667
00:59:16,280 --> 00:59:21,560
 is a data point the eventual council approval will be built around one of

668
00:59:21,560 --> 00:59:29,800
 these data points yeah we should make a recommendation I think it would be very

669
00:59:29,800 --> 00:59:35,800
 helpful to the council discussion if whatever whatever this body kind of

670
00:59:35,800 --> 00:59:39,920
 comes to a consensus and feel like it's an appropriate number for we encourage

671
00:59:39,920 --> 00:59:44,360
 you after we've decided there's not a floor we encourage you and you get extra

672
00:59:44,360 --> 00:59:49,800
 points not big break in the bank extra points but some extra points at this

673
00:59:49,800 --> 00:59:56,880
 level the council threw out a council member threw out the $21 the rest of

674
00:59:56,880 --> 01:00:03,040
 the council kind of said oh okay let's keep talking so they need direction we

675
01:00:03,040 --> 01:00:06,720
 need direction for people who know what they're talking about

676
01:00:06,720 --> 01:00:10,400
 economic development partnership board is advisory board so I think would be

677
01:00:10,400 --> 01:00:17,680
 good given them the makeup of this for to make a recommendation because we are

678
01:00:17,680 --> 01:00:21,640
 town has two institutions in it well I don't know the makeup of unity as well

679
01:00:21,640 --> 01:00:28,280
 as TWA you know you're talking a lot of first generation a lot of have multiple

680
01:00:28,280 --> 01:00:33,840
 children who put in the way through school the only industry only industry we

681
01:00:33,840 --> 01:00:39,240
 can't just have anyway we can't just have food services be the only place to

682
01:00:39,240 --> 01:00:42,920
 work with themselves through school so I'm arguing that may not be for a long

683
01:00:42,920 --> 01:00:48,600
 term but for a period of time yeah they may be Amazon driver or packer or

684
01:00:48,600 --> 01:00:54,960
 hammer or UPI is safe should be closed off to that option because you can't

685
01:00:54,960 --> 01:01:00,440
 just be on food service well it's right now it can't just be that let's open

686
01:01:00,440 --> 01:01:05,240
 those other industries the exact work to ups in the mornings they pay for my

687
01:01:05,240 --> 01:01:10,080
 tuition and my books you know from 330 in the morning so to your point I'm

688
01:01:10,080 --> 01:01:15,440
 exact example of that so I don't think we want to just say let's let's cut it off

689
01:01:15,440 --> 01:01:21,720
 because we think and how many businesses right now in our community would not

690
01:01:21,720 --> 01:01:28,560
 meet that threshold I think we would be surprised to go oh my gosh we would just

691
01:01:28,560 --> 01:01:35,080
 we don't want to discourage our Amazon Walmart those kind of places are all

692
01:01:35,080 --> 01:01:39,920
 forming programs in which they continue to beef up on like what ups and stuff

693
01:01:39,920 --> 01:01:42,960
 did to educate their people and get them on out and they're doing partnerships

694
01:01:42,960 --> 01:01:46,360
 with UNT and the other universities community colleges and you we don't want

695
01:01:46,360 --> 01:01:51,160
 to bury artificial barriers up to those two because they're all intended to

696
01:01:51,160 --> 01:01:57,400
 promote those people getting degrees and finishing which is I think I would be

697
01:01:57,400 --> 01:02:01,800
 opposed to a threshold for all of these reasons because it's so inhibiting and

698
01:02:01,800 --> 01:02:09,480
 think about a company like uber you know if the bit of work it's like that's a

699
01:02:09,480 --> 01:02:14,040
 hard threshold even manage it's kind of depends on how many hours that person

700
01:02:14,040 --> 01:02:18,600
 wants to work that week and so if I think I mean if they're looking for a

701
01:02:18,600 --> 01:02:23,720
 recommendation I would I would say and encouraging a little livable wage makes

702
01:02:23,720 --> 01:02:37,880
 more sense what that is I think is Erica's I'm looking at the matrix I have

703
01:02:37,880 --> 01:02:46,960
 just a quick question one of the score sets is increased high-wage jobs and it

704
01:02:46,960 --> 01:02:51,760
 defines that has significant which is kind of nebulous significant percentage

705
01:02:51,760 --> 01:02:57,800
 and then two down is the conversation around living wage and those are the

706
01:02:57,800 --> 01:03:03,440
 base salaries of each or not so it feels like we're maybe double counting well

707
01:03:03,440 --> 01:03:08,360
 high-wage job is gonna have a different threshold than a living wage and so the

708
01:03:08,360 --> 01:03:11,920
 high wage would be something we would consider incentivizing with a job-based

709
01:03:11,920 --> 01:03:16,920
 grant okay so that's gonna be very different the this one's on this one the

710
01:03:16,920 --> 01:03:21,560
 other ones on the other one encouraging a living wage would be for all employees

711
01:03:21,560 --> 01:03:25,080
 all of the new employees and so that would be different so that would be the

712
01:03:25,080 --> 01:03:32,320
 base employees versus we wouldn't consider incentivizing those we can

713
01:03:32,320 --> 01:03:36,080
 incur we can request two different things but one we would incentivize with

714
01:03:36,080 --> 01:03:39,760
 a job-based grant and one we would not I think another thing we need to think

715
01:03:39,760 --> 01:03:42,720
 about is we don't know what benefits those companies offer how much health

716
01:03:42,720 --> 01:03:46,280
 insurance are they paying how much you know what kind of continued education

717
01:03:46,280 --> 01:03:50,440
 you know somebody could say yeah I got a 15 dollar an hour job but we could

718
01:03:50,440 --> 01:03:55,280
 provide the minimum health insurance and we don't provide any continued education

719
01:03:55,280 --> 01:04:00,280
 or you got somebody that pays less but they may pay college tuition or books or

720
01:04:00,280 --> 01:04:04,920
 may say we pay a hundred percent of your health insurance those are decisions as

721
01:04:04,920 --> 01:04:11,720
 business owners we have to make annually so I think it's hard to justify you know

722
01:04:11,720 --> 01:04:16,280
 pressing just a hard number and then we're getting into okay what's the value

723
01:04:16,280 --> 01:04:19,440
 of those benefits to try to get up to that number that's gonna make y'all's

724
01:04:19,440 --> 01:04:24,720
 job really hard to be able to justify those things the total compensation yeah

725
01:04:24,720 --> 01:04:30,360
 I mean because if you just say this is our rate well okay we have in this

726
01:04:30,360 --> 01:04:35,480
 market when people decide to take other jobs you know or leaving our business or

727
01:04:35,480 --> 01:04:39,360
 we're recruiting people we don't just say an hourly rate we put a whole

728
01:04:39,360 --> 01:04:45,240
 compensation sheet together to explain you know 401k we participate in that you

729
01:04:45,240 --> 01:04:49,920
 know those are all things that come come into effect so if you just put a hard

730
01:04:49,920 --> 01:04:53,960
 line on that I think okay fine I'll pay that but we're not gonna give any health

731
01:04:53,960 --> 01:04:57,720
 insurance or give the minimum health insurance you know I think we get into

732
01:04:57,720 --> 01:05:02,120
 those games at that point rather than going let's let businesses do what they

733
01:05:02,120 --> 01:05:04,120
 do

734
01:05:04,120 --> 01:05:15,120
 any other conversation I just I just want to offer that you know there's this in

735
01:05:15,120 --> 01:05:21,480
 itself creates some fallout as it works through you know we're as an employer as

736
01:05:21,480 --> 01:05:24,680
 the school district you know we have workers that we're working through to

737
01:05:24,680 --> 01:05:29,640
 making sure that the wages are where they need to be and you know you're all

738
01:05:29,640 --> 01:05:34,000
 for trying to make sure you have you have you know living wages and things

739
01:05:34,000 --> 01:05:37,520
 for people to come in and give incentives for those that come with us at

740
01:05:37,520 --> 01:05:41,960
 the same time that that would be price increases that would be a lot of other

741
01:05:41,960 --> 01:05:46,200
 things that will happen all along the way with for those those expenses get

742
01:05:46,200 --> 01:05:51,800
 passed along to people and you know I don't know what the city's you know

743
01:05:51,800 --> 01:05:55,080
 starting wages as for some of their jobs I know what the school districts are

744
01:05:55,080 --> 01:05:58,740
 we're not to that level I don't know what North Texas and to the view is to

745
01:05:58,740 --> 01:06:02,880
 those pieces so now you start adding in other expenses of the trading people

746
01:06:02,880 --> 01:06:08,120
 around and HR factors and other pieces are playing into that that that while we

747
01:06:08,120 --> 01:06:12,120
 may have the best of intention to have that some kind of a some kind of a

748
01:06:12,120 --> 01:06:16,400
 number there there is a big ripple effect that impacts the taxpayer that

749
01:06:16,400 --> 01:06:19,680
 doesn't have anything to do with this especially whenever you can only grow a

750
01:06:19,680 --> 01:06:23,280
 certain percentage in your city taxes in your school district taxes with your

751
01:06:23,280 --> 01:06:27,360
 employees and how those things work and come together and next thing you know I

752
01:06:27,360 --> 01:06:32,480
 don't have bus drivers to pick kids up 145 of those that I need because they

753
01:06:32,480 --> 01:06:36,560
 can go drive a bus for Amazon and make 25 hours an hour because we put some

754
01:06:36,560 --> 01:06:41,080
 kind of something into play something I think we have to look at it in a more

755
01:06:41,080 --> 01:06:47,040
 holistic way of how all that impacts our local economy with regard to price

756
01:06:47,040 --> 01:06:51,200
 structures and business and the number of people that people actually hire and

757
01:06:51,200 --> 01:06:57,200
 and what that does to the workforce just in general UNTW you or you know they're

758
01:06:57,200 --> 01:07:01,920
 also state-funded as well so they have those same same revenue things that come

759
01:07:01,920 --> 01:07:07,960
 into that so I feel like that we as a as an economic development group we have

760
01:07:07,960 --> 01:07:13,680
 to think about how these decisions impact all those other sectors that are

761
01:07:13,680 --> 01:07:18,000
 some of the major employers in our community you want that how that whole

762
01:07:18,000 --> 01:07:23,000
 person comes together so I mean it's just a point

763
01:07:23,000 --> 01:07:28,200
 any other conversation it's just gonna ask is it telling that you could not

764
01:07:28,200 --> 01:07:32,840
 find many cities that have this as a criteria does that mean many cities

765
01:07:32,840 --> 01:07:38,520
 don't have criteria or they don't have this as a protect criteria there was

766
01:07:38,520 --> 01:07:41,520
 another one I didn't get up here because I wasn't as familiar with I think it was

767
01:07:41,520 --> 01:07:45,760
 Edinburgh and all the Hidalgo County so there was another one but I was doing

768
01:07:45,760 --> 01:07:49,440
 some of the major ones and keeping it to three but those were all that I found

769
01:07:49,440 --> 01:07:57,180
 not to say that there weren't others but from searching some required some

770
01:07:57,180 --> 01:08:01,920
 encouraged yeah it was different some used MIT as their guidelines you know

771
01:08:01,920 --> 01:08:05,520
 some use Department of Health and Human Services which actually to the Texas

772
01:08:05,520 --> 01:08:13,000
 Workforce Commission incorporates into theirs I know it's just one point I mean

773
01:08:13,000 --> 01:08:19,840
 it's ten points out of how many was just a factor I definitely don't like the

774
01:08:19,840 --> 01:08:27,440
 requirements I like the encouragement I think $21 is too much and given exactly

775
01:08:27,440 --> 01:08:30,680
 what you said from an economic standpoint all it's gonna do is drive up

776
01:08:30,680 --> 01:08:41,280
 and a lot of businesses that are not even close to that I don't know I guess

777
01:08:41,280 --> 01:08:45,920
 and the other considerations could that not be part of the other considerations

778
01:08:45,920 --> 01:08:52,560
 or it has been okay then when it comes time for council to vote on these things

779
01:08:52,560 --> 01:08:57,080
 for certain council members that's been a part of their calculus and it just

780
01:08:57,080 --> 01:09:01,000
 always has been as long as they've been asked to answer that question what

781
01:09:01,000 --> 01:09:06,800
 you're seeing now is that same consideration that certain members vote

782
01:09:06,800 --> 01:09:11,080
 you're seeing that same consideration bubble up to the top and and now they're

783
01:09:11,080 --> 01:09:17,720
 asking for it to be a part of the evaluation matrix a council member that

784
01:09:17,720 --> 01:09:22,360
 said that said that they would not vote for the policy if it didn't include the

785
01:09:22,360 --> 01:09:28,880
 $15 which that's that's their prerogative but they also said that they

786
01:09:28,880 --> 01:09:32,520
 didn't do it the last time because you remember we do our policies every two

787
01:09:32,520 --> 01:09:37,000
 years my question is was there some discussion around some of the things

788
01:09:37,000 --> 01:09:41,800
 that we brought up today was there some of those discussion the discussion was

789
01:09:41,800 --> 01:09:47,640
 mostly it seems that this issue has bubbled to the to the top and that

790
01:09:47,640 --> 01:09:53,520
 there's a consensus for including some conversation of what is the lowest paid

791
01:09:53,520 --> 01:09:59,600
 person in this organization being paid and and then there's a lot of question

792
01:09:59,600 --> 01:10:05,000
 about what what is that number if I'm careful to do this because I get two

793
01:10:05,000 --> 01:10:10,800
 bites the apple right here and I vote again counsel but I think if I think the

794
01:10:10,800 --> 01:10:13,840
 council's gonna find valuable your feedback about thresholds that's one

795
01:10:13,840 --> 01:10:17,960
 question answered and the council discuss that and take your advice and

796
01:10:17,960 --> 01:10:24,360
 and do whatever with it that they're going to the this one I feel strongly

797
01:10:24,360 --> 01:10:27,640
 this is going to end up on the matrix that this line is going to end up in the

798
01:10:27,640 --> 01:10:34,160
 matrix the question is going to be what is the EDP think that a fair number is

799
01:10:34,160 --> 01:10:38,360
 did they think it's a family of Florida they think it's 11 like Dallas they

800
01:10:38,360 --> 01:10:43,080
 think it's 15 like Austin and what is the was the rationale behind that as

801
01:10:43,080 --> 01:10:49,520
 employers and people active in local economy what what number do y'all

802
01:10:49,520 --> 01:10:55,920
 recommend and and why I think the items gonna end up in there regardless and if

803
01:10:55,920 --> 01:10:59,240
 there's not a recommendation from this group it's probably give me that 21 bucks

804
01:10:59,240 --> 01:11:04,320
 that somebody threw out there and and and their own rationale thought was a

805
01:11:04,320 --> 01:11:08,200
 good place to start the conversation well I think our job as a board here is

806
01:11:08,200 --> 01:11:11,880
 just to give the best boots on the ground advice so when we're in these

807
01:11:11,880 --> 01:11:15,120
 meetings I'm like okay we're advisory and we're here because our boots are on

808
01:11:15,120 --> 01:11:19,400
 the ground we're involved in day-to-day things so our job is just to educate and

809
01:11:19,400 --> 01:11:23,240
 give our opinion at the highest level we can and so when I look at anything we

810
01:11:23,240 --> 01:11:28,120
 say that's the point that I try to come from and I think you know Jamie brought

811
01:11:28,120 --> 01:11:31,200
 up some some good points that I don't know we're discussed at council if we

812
01:11:31,200 --> 01:11:34,360
 do this up you know what does that do to city jobs what does that do to our ISDs

813
01:11:34,360 --> 01:11:38,360
 and our colleges I don't know if that was discussed to talk about how do we

814
01:11:38,360 --> 01:11:43,360
 truly you know combined total pay from 401k and benefits you know I don't know

815
01:11:43,360 --> 01:11:48,280
 if those discussions were had there and and then what is our average today so

816
01:11:48,280 --> 01:11:52,640
 our job is to ask those questions just to spur thinking right and then may come

817
01:11:52,640 --> 01:11:57,000
 up with some recommendations but but I hope what we really do rather than say

818
01:11:57,000 --> 01:12:00,420
 hey this is a number that we just spur thinking and say these guys are on the

819
01:12:00,420 --> 01:12:05,160
 ground in involved in this daily that's what I would hope that we can provide

820
01:12:05,160 --> 01:12:10,560
 the most value to you guys I agree and I think that's I think that is helpful I

821
01:12:10,560 --> 01:12:15,200
 think that's what that's what the council should should want from advisor

822
01:12:15,200 --> 01:12:20,040
 group I can tell you the response from majority the council to the things you

823
01:12:20,040 --> 01:12:25,000
 just said are everyone should be paid more everyone's compensation should be

824
01:12:25,000 --> 01:12:31,280
 higher costs are going up everyone base level all the way up to the C-suite

825
01:12:31,280 --> 01:12:39,800
 everybody well not the C-suite but the response from the authority council

826
01:12:39,800 --> 01:12:44,040
 right now would be thank you we appreciate the C-suite perspective

827
01:12:44,040 --> 01:12:48,340
 that you've given us now we think everyone of the low ends be making more

828
01:12:48,340 --> 01:12:52,920
 regardless of industry regardless of family situation all that stuff that's

829
01:12:52,920 --> 01:13:02,240
 the respect this is what and then it will never be enough and to be

830
01:13:02,240 --> 01:13:08,160
 completely fair I mean completely fair that folks the council majority they are

831
01:13:08,160 --> 01:13:11,320
 aware of the things you're talking about they read the newspaper just like we all

832
01:13:11,320 --> 01:13:15,040
 do their experience of the inflation just like we all are and they are they

833
01:13:15,040 --> 01:13:20,600
 are aware of the things that the complex web of things that produce grocery store

834
01:13:20,600 --> 01:13:24,780
 prices and gas prices and all that kind of stuff their policy perspective is

835
01:13:24,780 --> 01:13:29,640
 that people people the low end should be paid more and the minimum wage is too

836
01:13:29,640 --> 01:13:34,720
 low that the city should be involved the order heard they should be involved in

837
01:13:34,720 --> 01:13:40,800
 sending anybody who has a lowest earner in their organization is below a certain

838
01:13:40,800 --> 01:13:45,040
 threshold that sort of talk through that question that's the prevailing

839
01:13:45,040 --> 01:13:48,800
 perspective on the council right now I guess the question is how do we measure

840
01:13:48,800 --> 01:13:52,360
 that right when these people come in for these incentives is it a full

841
01:13:52,360 --> 01:13:58,200
 compensation package for is it just whatever their paycheck so that be a

842
01:13:58,200 --> 01:14:01,760
 discussion that I would recommend and for us I would just say hey you know we

843
01:14:01,760 --> 01:14:04,880
 give the best recommendation we can then honor and respect our elected officials

844
01:14:04,880 --> 01:14:12,440
 that that you know I think we have to be honest in what our opinion obviously

845
01:14:12,440 --> 01:14:15,480
 don't have evokes on an ex officio member but we work with both sides of

846
01:14:15,480 --> 01:14:18,560
 the equation we work with employers and we work with employees and I think please

847
01:14:18,560 --> 01:14:23,080
 point is very valid in that we look to attract and retain talent in the

848
01:14:23,080 --> 01:14:26,480
 community and one part of that is we know companies are going to incentivize

849
01:14:26,480 --> 01:14:30,240
 employees we want them to stay and part of that is looking at their total

850
01:14:30,240 --> 01:14:34,520
 compensation and so attracting and retaining talent what is the total

851
01:14:34,520 --> 01:14:38,560
 employee experience and so whether it's a living wage or the fact that they're

852
01:14:38,560 --> 01:14:42,000
 treated well as an employee that's something that is hard to very much so

853
01:14:42,000 --> 01:14:46,560
 pinpoint on a spreadsheet do they get a great experience when they go to work I

854
01:14:46,560 --> 01:14:49,160
 don't know how many points you can give to that are they treated well as an

855
01:14:49,160 --> 01:14:53,320
 employee do they have an opportunity for continuing education or continuing yeah

856
01:14:53,320 --> 01:14:57,240
 and that is not something that we're ever going to be able to put on here and

857
01:14:57,240 --> 01:15:00,720
 so that's something that is an advisory committee we figure out do they have a

858
01:15:00,720 --> 01:15:04,920
 401k are they not jumping for 25 cents to leave Peterbilt to another

859
01:15:04,920 --> 01:15:08,480
 manufacturer because three generations of their family work there that's not

860
01:15:08,480 --> 01:15:12,120
 something we can figure out how to pinpoint but when we talk about choice

861
01:15:12,120 --> 01:15:16,840
 employers we look at total compensation based on their total experience at a

862
01:15:16,840 --> 01:15:20,200
 company and I think that's just something as an advisory committee we

863
01:15:20,200 --> 01:15:25,120
 look at we look at the total experience as a company but living wages a factor

864
01:15:25,120 --> 01:15:29,400
 into that but there's no way to put their total experience point value so

865
01:15:29,400 --> 01:15:35,080
 Jesse that's a good point but $21 on average is much much too high for the

866
01:15:35,080 --> 01:15:43,600
 average small business or anybody trying to expand anyone trying to that's the

867
01:15:43,600 --> 01:15:46,280
 exercise it's trying to grow your business that's why you didn't even say

868
01:15:46,280 --> 01:15:50,440
 that but I think it does go back to your point is typically the people who are in

869
01:15:50,440 --> 01:15:56,040
 maybe the lower wage area is someone who is single starting out and maybe it's

870
01:15:56,040 --> 01:16:07,880
 not the poor person full family this right maybe is I don't know if living

871
01:16:07,880 --> 01:16:15,000
 wages of 21 is really right this is not a lot of data points to where I didn't

872
01:16:15,000 --> 01:16:21,360
 pick it ever you know just to Aaron's point and I'm gonna belabor it but it's

873
01:16:21,360 --> 01:16:26,160
 also about the talent that's here you know I mean you know you put some

874
01:16:26,160 --> 01:16:31,440
 incentives in place based upon an hourly wage or threshold or whatever I mean the

875
01:16:31,440 --> 01:16:36,120
 the relocation the person is thinking what talents already there and if the

876
01:16:36,120 --> 01:16:40,240
 talent that's there is not worthy of a of a $21 threshold or something like

877
01:16:40,240 --> 01:16:45,080
 that we're not coming so you have to think through the talent that's here

878
01:16:45,080 --> 01:16:49,040
 that you're going to be going from you know we've got to put out good people at

879
01:16:49,040 --> 01:16:55,120
 TWA, UNT, NCTC, ISD for workforce development and that whole piece and are

880
01:16:55,120 --> 01:16:58,480
 we putting our resources into that so that you know if you're going to come

881
01:16:58,480 --> 01:17:02,600
 work here the talent you're getting is worth $21 an hour I mean we have to think

882
01:17:02,600 --> 01:17:08,240
 through that whole piece it's not just a you know a matrix with regard to that

883
01:17:08,240 --> 01:17:13,120
 because the the talent you get and the talent when you relocate are they

884
01:17:13,120 --> 01:17:15,840
 migrating somewhere else or they coming here because of the people that are here

885
01:17:15,840 --> 01:17:23,240
 where are we with that and you know it's a those are those are big questions to

886
01:17:23,240 --> 01:17:28,200
 have at the council level too about who who's actually doing that and where is

887
01:17:28,200 --> 01:17:32,720
 that coming from and to your point about are we going to turn away a Tesla,

888
01:17:32,720 --> 01:17:37,800
 Amazon, a Google based upon a threshold there I would say no I think they're

889
01:17:37,800 --> 01:17:42,160
 coming because the talent that's in the region you know and and it's not it's

890
01:17:42,160 --> 01:17:46,360
 not only the way the way it's going to take care of itself as we work through

891
01:17:46,360 --> 01:17:49,200
 the talent piece of the employees that are working in the company new

892
01:17:49,200 --> 01:17:59,080
 organizations right you know the other part about that I would argue that if

893
01:17:59,080 --> 01:18:06,560
 it's $21 on Austin that's like $8 here I mean completely in all honesty with

894
01:18:06,560 --> 01:18:12,840
 regard to just for my housing it's very different very different so in an effort

895
01:18:12,840 --> 01:18:24,280
 to move us forward I hear you saying if we don't make a recommendation then this

896
01:18:24,280 --> 01:18:28,280
 is what how it's gonna blow the case around whatever number feels good to

897
01:18:28,280 --> 01:18:31,640
 them and they're gonna stick it in there and that's where it's gonna go I'm just

898
01:18:31,640 --> 01:18:34,840
 gonna throw something out and let y'all respond to it so what if we made a

899
01:18:34,840 --> 01:18:41,000
 recommendation around just if I was trying to build a case for support a

900
01:18:41,000 --> 01:18:48,480
 encouraging a living wage of $11 I mean that is at least mirrors Dallas

901
01:18:48,480 --> 01:18:52,960
 right for the incentive only with consideration for a total compensation

902
01:18:52,960 --> 01:18:58,560
 package I mean we measure you know of course we have to measure French so I

903
01:18:58,560 --> 01:19:02,920
 could tell you what a total compensation package is but depending on how any CFO

904
01:19:02,920 --> 01:19:08,720
 at any given company measures wage and French they may not be able to evaluate

905
01:19:08,720 --> 01:19:11,840
 that so but you know right we're each writing that in as a consideration

906
01:19:11,840 --> 01:19:16,160
 there's my suggestion

907
01:19:16,160 --> 01:19:29,440
 I'll give you the exact numbers so Austin was an even 15 San Antonio was $11.68 and Dallas I'm sorry Dallas was $12.19 they were using MIT and

908
01:19:29,440 --> 01:19:34,240
 San Antonio's using Department of Health and Human Services and then Edinburgh

909
01:19:34,240 --> 01:19:39,980
 was 15 so it's that range from 11

910
01:19:39,980 --> 01:19:51,760
 thank you so the proposed language is to encourage a living wage for all

911
01:19:51,760 --> 01:20:02,960
 employees $11 based on Dallas so now based on San Antonio that we have

912
01:20:02,960 --> 01:20:08,080
 comparable data for and they were using MIT it was a different year because

913
01:20:08,080 --> 01:20:13,360
 they were adopted on a prior and these were just the most current that was

914
01:20:13,360 --> 01:20:22,840
 available for each of these tables counseling any feedback on that I I'm

915
01:20:22,840 --> 01:20:27,000
 going to refrain from offering feedback on a number because again I'll get I'll

916
01:20:27,000 --> 01:20:31,800
 get a vote and I'll get to speak to my colleagues about it I think what the

917
01:20:31,800 --> 01:20:36,040
 council needs is y'all's unbar I tried to give you some context I think we need

918
01:20:36,040 --> 01:20:39,400
 your unvarnished opinion about that number because that's going to be the

919
01:20:39,400 --> 01:20:43,800
 thing that we spend the most time on I think when this comes back okay so we do

920
01:20:43,800 --> 01:20:52,820
 have a proposal conversation around it okay we can take it to vote then can we

921
01:20:52,820 --> 01:20:57,720
 also can I get direction on the makes is everyone okay with the two additional

922
01:20:57,720 --> 01:21:02,900
 creative makes the council because we can support that as well in the motion

923
01:21:02,900 --> 01:21:25,520
 just wanted to make that little point so I don't know if I like the idea of

924
01:21:25,520 --> 01:21:30,640
 comparing to San Antonio like the Dallas area may better so if we can just adjust

925
01:21:30,640 --> 01:21:44,760
 that to lease the Dallas not and Dallas was 1212 19 is that is that in 21 yeah

926
01:21:44,760 --> 01:21:49,680
 is that 20 they were they were citing MIT but it was an earlier version of

927
01:21:49,680 --> 01:21:56,240
 this so just like we do they adopt every two years so this is 2020 well the HUD

928
01:21:56,240 --> 01:22:02,400
 says 2021 this is the most current MIT I didn't I wasn't able to match it up so

929
01:22:02,400 --> 01:22:09,320
 I'm assuming it was prior okay I mean if you're making your decision of a number

930
01:22:09,320 --> 01:22:14,880
 based upon two-year-old data which has probably been increased at least three

931
01:22:14,880 --> 01:22:18,160
 or four percent here it's like six percent over two years minimum or maybe

932
01:22:18,160 --> 01:22:30,160
 when you're off I mean that was sourcing MIT MIT for one adult 1401 is your

933
01:22:30,160 --> 01:22:34,520
 children right because I think that this is starting at right in your feet wet

934
01:22:34,520 --> 01:22:43,560
 growing person in the organization that's the lowest paid person makes

935
01:22:43,560 --> 01:22:49,440
 whatever this number is and you're eligible for the points you know some

936
01:22:49,440 --> 01:22:55,760
 points and that's total compensation the way it's written is is just wage

937
01:22:55,760 --> 01:23:00,040
 encourage a living wage for all employees new product new jobs earn an

938
01:23:00,040 --> 01:23:07,520
 annual base salary of 21 hours but is the way it's written right now if you

939
01:23:07,520 --> 01:23:12,720
 just said that another number then it would not be total compensation it would

940
01:23:12,720 --> 01:23:18,080
 just be hourly wage or annual base the closest on living wage would be to

941
01:23:18,080 --> 01:23:25,360
 adult zero children at 1132 to Dallas is 1219 we also have 1260 popping up a

942
01:23:25,360 --> 01:23:30,600
 couple times here two adults with two children on the poverty wage and one

943
01:23:30,600 --> 01:23:37,360
 adult with three children so just for the record since we are required I'm not

944
01:23:37,360 --> 01:23:41,440
 saying that I believe that there should be less wages I'm just saying from the

945
01:23:41,440 --> 01:23:45,360
 incentive perspective I would hate for it to be an infuriating factor I don't

946
01:23:45,360 --> 01:23:48,080
 want to go down as the girl that said we should hate people less that's not what

947
01:23:48,080 --> 01:23:59,640
 I'm recommending you know maybe it's I mean it's a point system right it's a

948
01:23:59,640 --> 01:24:04,600
 range maybe the range is between minimum wage in the living wage and the points

949
01:24:04,600 --> 01:24:13,200
 based off of that there's ten points available in that category yes between

950
01:24:13,200 --> 01:24:18,560
 the minimum and the living as just a thought the closer you get to whatever

951
01:24:18,560 --> 01:24:25,320
 that MIT living wages that year the more points you get maybe because it should

952
01:24:25,320 --> 01:24:29,720
 fluctuate from year to year right we don't even know the most for

953
01:24:29,720 --> 01:24:35,520
 information so yeah dollar well this is the most current information available I

954
01:24:35,520 --> 01:24:39,760
 think Dallas was using a prior one just cuz that's when it was adopted all three

955
01:24:39,760 --> 01:24:44,240
 of these data tables are current information taken from their website

956
01:24:44,240 --> 01:24:55,280
 using zero children or to reference MIT but they didn't yeah but no so we're

957
01:24:55,280 --> 01:24:58,880
 true saying did you get full points if you're at the 21 you get zero points if

958
01:24:58,880 --> 01:25:02,400
 you're left yeah and again I'm trying to figure out something and I'm trying to

959
01:25:02,400 --> 01:25:05,280
 figure out where the 21 really came from I'm just I'm just use that as a member

960
01:25:05,280 --> 01:25:12,400
 sure right it was a number of council members suggested yeah that's why we

961
01:25:12,400 --> 01:25:30,240
 got the table all right do you want to make it a motion no I was getting

962
01:25:30,240 --> 01:25:43,960
 conversation I'm hearing a range between 725 and then Dallas is 1219 I also heard

963
01:25:43,960 --> 01:25:51,120
 a range of in your recommendation 725 to that 21 well no I don't know where the

964
01:25:51,120 --> 01:25:56,840
 21 came from that's not part of the MIT nowhere here because you would have to

965
01:25:56,840 --> 01:26:01,040
 pick and I don't know what we're relevant family or for or a single person

966
01:26:01,040 --> 01:26:07,400
 which one is relevant to what would represent what we want in this community

967
01:26:07,400 --> 01:26:12,640
 all right what would we want for the lowest weight of the organization right

968
01:26:12,640 --> 01:26:19,280
 yes what yeah it's a recommended if you do the range make make a recommendation

969
01:26:19,280 --> 01:26:24,960
 to council what do you if the floor for this point range for just this one line

970
01:26:24,960 --> 01:26:33,240
 on the matrix is going to be minimum wage at 725 and or just minimal wage and

971
01:26:33,240 --> 01:26:38,400
 the ceiling or the what the aspirational what we want you to approach to get your

972
01:26:38,400 --> 01:26:46,520
 full 10 pick up take a spot on the MIT or you pick a spot on the HUD and just

973
01:26:46,520 --> 01:26:51,520
 that's the one that we think is best fits the profile of our lowest wage

974
01:26:51,520 --> 01:26:56,360
 earner in the organization or an organization that we'd want to insect

975
01:26:56,360 --> 01:27:00,640
 I mean I kind of like the language of picking one of these labels rather than

976
01:27:00,640 --> 01:27:05,520
 picking a dollar amount so between minimum wage and poverty wage and then

977
01:27:05,520 --> 01:27:15,200
 poverty wage allows you to pick how many in the size of family like that I did

978
01:27:15,200 --> 01:27:17,960
 but I don't think it's ever gonna get a problem I think they're gonna want a

979
01:27:17,960 --> 01:27:27,600
 hard number to say this is what I mean allows it to update if minimum wage

980
01:27:27,600 --> 01:27:33,080
 updates right exactly you have to be that would be my argument and that's as

981
01:27:33,080 --> 01:27:38,840
 MIT updates on an annual basis it's so then you're not talking about dated

982
01:27:38,840 --> 01:27:46,600
 information like from Dallas so he used those and the point range days with

983
01:27:46,600 --> 01:27:51,880
 whatever that definition is yeah I think it would be awkward this is probably

984
01:27:51,880 --> 01:27:57,760
 semantics but we're talking about living wage and then we have minimum wage tied

985
01:27:57,760 --> 01:28:07,280
 into it and minimum wage is identified as less than poverty on some of this

986
01:28:07,280 --> 01:28:27,280
 right it's just depending on the size of the family so need a motion this will

987
01:28:27,280 --> 01:28:37,520
 be a motion to recommend the council this policy with the change to the

988
01:28:37,520 --> 01:29:06,560
 matrix which which which box on the matrix is the bottom well the bottom

989
01:29:06,560 --> 01:29:12,040
 sounds like a minimum wage no no I say the worker

990
01:29:12,040 --> 01:29:20,560
 worker and again I go back to church hypothetical long-term experience young

991
01:29:20,560 --> 01:29:29,720
 single-adult coming in we're trying to target right for that worker because we

992
01:29:29,720 --> 01:29:34,000
 already got a space for the other one right for higher wages or whatever right

993
01:29:34,000 --> 01:29:46,000
 experience right so we've utilized that as well so is this an entry-level worker

994
01:29:46,000 --> 01:29:51,200
 it's whatever the whatever the lowest paid lowest paid a person the organ

995
01:29:51,200 --> 01:29:58,560
 which is my idea is this single person demographic no yeah single person no

996
01:29:58,560 --> 01:30:04,480
 children that's kind of what you base set up off it's just a thought one one

997
01:30:04,480 --> 01:30:10,160
 adult zero children yeah I got your entry-level person that this is trying

998
01:30:10,160 --> 01:30:15,360
 to target and what their wage is you're the other parties were you're having

999
01:30:15,360 --> 01:30:19,040
 discussion point over something that I could be points for the matrix yeah I

1000
01:30:19,040 --> 01:30:23,640
 mean bottom line is what's the what's the what's the bottom dollar that they're

1001
01:30:23,640 --> 01:30:30,240
 gonna get zero points for is what you're that's what this conversation right so I

1002
01:30:30,240 --> 01:30:34,280
 mean really it ought to be you know we're going to start a certain number of

1003
01:30:34,280 --> 01:30:37,560
 points when you get at this at this threshold I mean anything below that

1004
01:30:37,560 --> 01:30:41,880
 you're getting zero whether it's eight hours an hour or nine hours an hour or

1005
01:30:41,880 --> 01:30:51,240
 seven hours we're talking one line out so if we said from 10 to 10 to 20 you

1006
01:30:51,240 --> 01:30:56,160
 know I mean that gives you points at 10 and the ice is 20 I mean I'm not I don't

1007
01:30:56,160 --> 01:31:07,160
 know we're talking one line I do think the the comment around this being

1008
01:31:07,160 --> 01:31:11,800
 something you don't have to revisit you could just make reference to the table

1009
01:31:11,800 --> 01:31:22,200
 rather than to a dollar amount so we could say working zero children to

1010
01:31:22,200 --> 01:31:29,940
 working three children as the range and you still have the dollar doesn't mean

1011
01:31:29,940 --> 01:31:35,840
 that you just have to reference right our matrix to get what the dollar is so

1012
01:31:35,840 --> 01:31:39,640
 they have a reference to what the dollar is so in other words you're you're

1013
01:31:39,640 --> 01:31:43,880
 basically your bottom part might be you want to be living wage me that's what

1014
01:31:43,880 --> 01:31:49,640
 the rest of the document says right yes so your point might be one adult zero

1015
01:31:49,640 --> 01:31:55,040
 children living wage is didn't be considered for points which were maybe

1016
01:31:55,040 --> 01:32:05,720
 zero or one right all the way to two adults two children in 1931 we're

1017
01:32:05,720 --> 01:32:09,360
 currently right so it's just one adult zero children to two adults two children

1018
01:32:09,360 --> 01:32:21,800
 on the MTT living wage calculator for Texas to your point 14.01 to 19.31 if I'm

1019
01:32:21,800 --> 01:32:25,520
 hearing you correctly the zero child living wage to the two adults both

1020
01:32:25,520 --> 01:32:32,400
 working two children that's in both okay but I think you mentioned the numbers

1021
01:32:32,400 --> 01:32:35,160
 and that's good so we know what we're looking at but I think that the motion

1022
01:32:35,160 --> 01:32:42,360
 is for this box to that box so from one from point a on on the matrix to point

1023
01:32:42,360 --> 01:32:48,240
 B whatever the matrix is for any given unit it's referencing the tool and not

1024
01:32:48,240 --> 01:33:16,240
 a dollar or Jill Jester will be I don't want any way not got a move so

1025
01:33:16,240 --> 01:33:31,880
 we approve this policy with changes to the matrix referencing MIT living wage

1026
01:33:31,880 --> 01:33:38,720
 calculator as a range of one adult living with one adult zero children

1027
01:33:38,720 --> 01:33:52,480
 living wage to two adults two children living with yes and yes all right okay I

1028
01:33:52,480 --> 01:34:12,720
 just proposed so really you're saying 14.01 to 3075 two adults if you're

1029
01:34:12,720 --> 01:34:16,840
 looking at it does say two adults two children with only one of them working

1030
01:34:16,840 --> 01:34:27,840
 both working we got two adults both working two children motion or second

1031
01:34:27,840 --> 01:34:42,520
 second Jimmy all right any other discussion answers no all right all of

1032
01:34:42,520 --> 01:34:48,720
 all in favor say aye any opposed hearing done that's what we'll take

1033
01:34:48,720 --> 01:34:55,360
 forward that was easy that was good that's what the group is for that was

1034
01:34:55,360 --> 01:35:10,080
 good conversation that was good feedback and advice and real all right any other

1035
01:35:10,080 --> 01:35:19,360
 agenda items to be brought forward Erica for our you need interest of time I

1036
01:35:19,360 --> 01:35:24,760
 think we can you can read them at your leisure and we do not we did not have

1037
01:35:24,760 --> 01:35:43,160
 US aviation next month okay any other from the group all right if you can you

1038
01:35:43,160 --> 01:35:54,880
 have turns right no we don't we need one more all right everyone thank you for

1039
01:35:54,880 --> 01:36:00,280
 your patience this meeting is adjourned