WEBVTT 00:00:00.000 --> 00:00:10.140 All right and with more work we're gonna go ahead and move in I'm Steve Edgar I'm 00:00:10.140 --> 00:00:16.200 the vice chair Jill Jester the chair of this committee is out of town this week 00:00:16.200 --> 00:00:22.280 and so our today wasn't able to attend so we'll move forward with our agenda 00:00:22.280 --> 00:00:27.880 the first one is consideration of approval for minutes from February 9th 00:00:27.880 --> 00:00:34.680 I believe everyone has had a chance if I can get a motion approval have a motion 00:00:34.680 --> 00:00:44.880 need a second second and a second thank you any any conversation around any 00:00:44.880 --> 00:00:50.720 corrections all right we'll move into the vote all in favor aye please 00:00:50.720 --> 00:01:00.680 any not in favor or opposed I guess hearing none that passes we'll move into 00:01:00.680 --> 00:01:07.200 we're gonna skip item B right now we'll let that one delay until those 00:01:07.200 --> 00:01:13.920 presenters are with us we'll move into EDP 22-027 Christine I believe you're 00:01:13.920 --> 00:01:18.960 gonna take us through this I am what we're asking the board to do today is 00:01:18.960 --> 00:01:24.080 we're looking at a point downtown Economic Development Committee members 00:01:24.080 --> 00:01:28.000 we've had a couple members John Cartwright he's the Denton Main Street 00:01:28.000 --> 00:01:32.640 Association president he turned his position there on the board they had a 00:01:32.640 --> 00:01:38.120 new president voted in Tracy Long and then in December Michael Talley who was 00:01:38.120 --> 00:01:41.680 the Economic Development County representative he resigned his position 00:01:41.680 --> 00:01:47.080 and so in the interim they have a person Rita Maloney who is the grant and project 00:01:47.080 --> 00:01:50.280 manager for economic development she'll be attending any meetings that Michael 00:01:50.280 --> 00:01:55.560 Talley would have attended so we'd like to ask for your nomination to the 00:01:55.560 --> 00:02:03.800 committee for those two folks so moved all second and the second any 00:02:03.800 --> 00:02:10.360 conversation around it any questions hearing none we'll move to vote all in 00:02:10.360 --> 00:02:18.280 favor please say aye in any opposed hearing none at motion passes thanks 00:02:18.280 --> 00:02:26.440 Christina and moving on to EDP 22-023 Christine I believe you have this one as 00:02:26.440 --> 00:02:41.240 well okay so there's two parts to this agenda item first will receive the 00:02:41.240 --> 00:02:47.200 annual report from Heather Gregory with Stoke and then the second part which 00:02:47.200 --> 00:02:59.620 will be the presentation of it should I sit Stan do y'all care I'm Heather 00:02:59.620 --> 00:03:04.880 Gregory I know many of you lots of familiar faces I am the owner of Hickory 00:03:04.880 --> 00:03:07.880 and rail ventures which has a public-private partnership with the city 00:03:07.880 --> 00:03:13.560 of Denton to run Stoke which is Denton's co-working space we run that space and 00:03:13.560 --> 00:03:19.880 we have programs and events that we do to support entrepreneurs which is what 00:03:19.880 --> 00:03:28.560 we have proposed is renewing that contract to continue our partnership so 00:03:28.560 --> 00:03:33.840 I'm just going to kind of run through basically 2021 our events some 00:03:33.840 --> 00:03:38.960 membership information about Stoke our mission is to create an environment that 00:03:38.960 --> 00:03:42.280 fosters a sense of community and a welcoming space where entrepreneurs have 00:03:42.280 --> 00:03:46.980 access to talent education mentorship capital and a diverse network of peers 00:03:46.980 --> 00:03:51.580 and we do that by we strive to have a positive impact on the economy and 00:03:51.580 --> 00:03:55.760 culture of Denton by increasing visibility and reach facilitating job 00:03:55.760 --> 00:03:59.520 creation and retaining university students 00:04:11.400 --> 00:04:18.640 okay um so as I said we are it's a public-private partnership so we on the 00:04:18.640 --> 00:04:23.800 left side here you can kind of see the city of Denton has agreements with all 00:04:23.800 --> 00:04:29.880 of these partners in economic development so we leave you ourselves as 00:04:29.880 --> 00:04:33.440 kind of the ground up economic development so we're helping entrepreneurs 00:04:33.440 --> 00:04:37.480 start and grow their business through operating our co-working space and like 00:04:37.480 --> 00:04:42.200 I said the programs and events that we've run through our space on the 00:04:42.200 --> 00:04:47.520 right-hand side are some of the partners that we maintain relationships with and 00:04:47.520 --> 00:04:54.040 work with to help create a healthy entrepreneur ecosystem some details of 00:04:54.040 --> 00:05:00.040 this I'll get into in a little bit but we run an incubator program with Texas 00:05:00.040 --> 00:05:05.000 Women's University Center for Women Entrepreneurs we've run two cohorts of 00:05:05.000 --> 00:05:10.480 this through Stoke over the last couple of years so it is a five-month program 00:05:10.480 --> 00:05:16.280 last year we had seven companies run through this cohort and we ended that 00:05:16.280 --> 00:05:23.520 event in a pitch event in late February we have relationships with UNT kind of 00:05:23.520 --> 00:05:30.280 in a couple of different ways we support hackathons that the university does we 00:05:30.280 --> 00:05:35.840 are engaged with members from from staff and faculty from UNT and an education 00:05:35.840 --> 00:05:43.160 technology alliance that we coordinate and the through the Murphy Center we 00:05:43.160 --> 00:05:47.320 also share contacts and help support entrepreneurs depending on what their 00:05:47.320 --> 00:05:54.900 needs are and we do partnerships with NCTC and as well with Denton ISD I serve 00:05:54.900 --> 00:05:59.920 as a mentor and they have an incubate EDU program and entrepreneurship program 00:05:59.920 --> 00:06:04.080 for high school students at Geyer High School I serve as a mentor and a coach 00:06:04.080 --> 00:06:09.920 to two different teams there so this is just kind of some what what we're doing 00:06:09.920 --> 00:06:17.760 partnership wise in Denton this is some member information I'm not going to read 00:06:17.760 --> 00:06:25.520 everything and to you there are some quotes here about our space and our 00:06:25.520 --> 00:06:30.400 staff the way that we support entrepreneurs we do we do member 00:06:30.400 --> 00:06:34.480 surveys twice a year so we're really collecting a lot of data to understand 00:06:34.480 --> 00:06:38.800 what we're doing well what ways we can improve and this is again in terms of 00:06:38.800 --> 00:06:43.480 running the 9,000 square foot co-working space and the programs and some of the 00:06:43.480 --> 00:06:49.820 member staff that we saw in 2020 2021 was that 89% of our member companies 00:06:49.820 --> 00:06:54.840 experienced growth during their time at Stoke last year we had a total of 115 00:06:54.840 --> 00:06:58.720 member companies throughout the year and they give us a net promoter score of 00:06:58.720 --> 00:07:03.640 88.3 so that means that they're going to refer us to friends or colleagues at 00:07:03.640 --> 00:07:08.200 that high rate and then retention numbers I just think that this is really 00:07:08.200 --> 00:07:12.600 incredible this of our current members we have 17 that have been there for 00:07:12.600 --> 00:07:15.960 longer than three years 23 that have been there for between two and three 00:07:15.960 --> 00:07:24.520 years and 19 member companies that have been there for over a year so last year 00:07:24.520 --> 00:07:30.340 year ago whenever I was here we were in a very different position the city's 00:07:30.340 --> 00:07:34.840 lease on the space was ending and we were in a position to need to sign a new 00:07:34.840 --> 00:07:42.560 lease on our space to be able to do that we we asked for city support and having 00:07:42.560 --> 00:07:47.200 the confidence of that we negotiated a four-year lease on our building which is 00:07:47.200 --> 00:07:53.040 in the rail yard so we're behind spiral diner across from and we share a parking 00:07:53.040 --> 00:07:59.720 lot with DCTA so we signed a four-year lease on the building and in part of 00:07:59.720 --> 00:08:04.200 that negotiation to make to make it work for the landlord and be able to generate 00:08:04.200 --> 00:08:08.520 the rent that we needed they they covered the cost of building out 12 new 00:08:08.520 --> 00:08:13.400 private offices so we went from having eight private offices to 12 to 20 they 00:08:13.400 --> 00:08:18.800 added 12 and that allowed us to basically be able to make it work 00:08:18.800 --> 00:08:23.840 financially to stay there and run the space and this is a picture of some of 00:08:23.840 --> 00:08:27.680 the one of the new private offices our event space essentially converted to 00:08:27.680 --> 00:08:34.860 co-working space so we more than doubled our private office capacity we did not 00:08:34.860 --> 00:08:38.840 lose any co-working seats or dedicated seats we added as you can see in a 00:08:38.840 --> 00:08:44.480 really incredible mural and and we did all of this while we were open we we 00:08:44.480 --> 00:08:48.400 didn't lose any members due to construction and we really focused on 00:08:48.400 --> 00:08:53.040 taking great care of our people and we were able to stay open as we did this 00:08:53.040 --> 00:08:57.320 three months of construction I don't think this video is going to play it's 00:08:57.320 --> 00:09:01.680 on our YouTube channel and this is as I mentioned the program that we do with 00:09:01.680 --> 00:09:09.520 Texas Women's University in 2021 we wrapped our first cohort and then we 00:09:09.520 --> 00:09:18.200 were able to use marketing dollars to hire a local company to do a great video 00:09:18.200 --> 00:09:24.720 to kind of capture some of the successes from the women in that cohort we ran 00:09:24.720 --> 00:09:29.640 Flintconf again for the third year and it was our second year to do it virtually 00:09:29.640 --> 00:09:34.320 I'm really thrilled that it's coming back this year in person so it's going 00:09:34.320 --> 00:09:43.400 to be at Senago Bell on May 4th yeah that's a video that we're not going to 00:09:43.400 --> 00:09:51.080 be able to see also in 2021 we this is the program that we run every fall it's 00:09:51.080 --> 00:09:55.080 global entrepreneurship week so we do basically a series of events in Denton 00:09:55.080 --> 00:10:00.360 to showcase entrepreneurship to support entrepreneurs so one of the biggest 00:10:00.360 --> 00:10:04.080 events that we did that week was the Denton Startup Crawl we had over a 00:10:04.080 --> 00:10:08.960 hundred people attend a crawl that highlighted 12 creative businesses in 00:10:08.960 --> 00:10:14.320 Denton and so that was what we did for global entrepreneurship week we have a 00:10:14.320 --> 00:10:21.600 podcast we do blogs every month we do weekly mentor sessions and we do lunch 00:10:21.600 --> 00:10:27.200 and learns event lunch and learns on a monthly basis so here you can see kind 00:10:27.200 --> 00:10:30.880 of the totals of how many mentor sessions how many member only events we 00:10:30.880 --> 00:10:37.200 did lunch and lunch and then our startup and tech focused events and we were 00:10:37.200 --> 00:10:43.240 really thrilled we celebrated five years of being open in August and we were able 00:10:43.240 --> 00:10:48.720 to do an official chamber ribbon cutting where the mayor spoke a few words and 00:10:48.720 --> 00:10:54.720 we were really able to celebrate kind of an open house celebrating our recently 00:10:54.720 --> 00:10:59.560 completed offices and our five-year birthday of being open and in our space 00:10:59.560 --> 00:11:05.040 and that's it that's just kind of like a high-level overview of what we do and 00:11:05.040 --> 00:11:11.040 what the program support does for for Stoke and for entrepreneurs and them I'm 00:11:11.040 --> 00:11:18.400 happy to answer questions now or should we save them or you can answer questions 00:11:18.400 --> 00:11:22.840 now if you want to ask questions about the annual report 00:11:22.840 --> 00:11:34.240 I have just in regard to the vision of Stoke, I'm Steve, facilitating job creation and 00:11:34.240 --> 00:11:40.800 retaining university students how do you actually track that what's your audit 00:11:40.800 --> 00:11:46.120 process on are we being successful on that we I mean we we have systems that 00:11:46.120 --> 00:11:51.200 track our member numbers and we're we're collecting information like I said from 00:11:51.200 --> 00:11:57.880 the surveys but then also from tracking member numbers and members are students 00:11:57.880 --> 00:12:02.960 we do have some we do have some student members for tracking who's attending 00:12:02.960 --> 00:12:09.960 events where we yeah we have kind of an internal tracking system in terms of 00:12:09.960 --> 00:12:16.960 who's participating how and where and and maintaining those those kind of 00:12:16.960 --> 00:12:27.360 relationships with each entity and as far as facilitating job creation I saw 00:12:27.360 --> 00:12:33.400 the member growth of some of the members member companies I guess I'm I apologize 00:12:33.400 --> 00:12:38.520 y'all yeah somewhat confused between member and member company so that's a 00:12:38.520 --> 00:12:47.760 great question so and because we do have we have we have remote workers we have 00:12:47.760 --> 00:12:52.280 individual freelancers that are one person working at Stoke it's one one 00:12:52.280 --> 00:12:56.160 person one company being represented but we do have some companies that have 00:12:56.160 --> 00:13:00.880 anywhere between two I mean over time there they have anywhere between two and 00:13:00.880 --> 00:13:05.600 ten employees that are based out of Stoke and so one company sometimes does 00:13:05.600 --> 00:13:10.440 represent more than one member so we count member as an individual person who 00:13:10.440 --> 00:13:13.440 has access to our space in a member company is that kind of overarching 00:13:13.440 --> 00:13:22.600 entity any questions you all are obviously much more familiar with this 00:13:22.600 --> 00:13:36.280 so I we've been here every year okay so as Heather mentioned we do have an 00:13:36.280 --> 00:13:39.800 agreement with Stoke and it's time to renew that agreement so we're going to 00:13:39.800 --> 00:13:44.040 take a look at today like to receive a report we'll discussion and give stuff 00:13:44.040 --> 00:13:49.120 direction regarding the one-year renewal of the contract and we also ask you to 00:13:49.120 --> 00:13:54.120 make a recommendation to City Council to approve so Stoke activities is we just 00:13:54.120 --> 00:13:59.000 went through with her presentation they have had memory events 25 memory events 00:13:59.000 --> 00:14:05.880 48 mentor sessions and hosted the startup and tech events and actually 00:14:05.880 --> 00:14:09.200 they go beyond just managing the co-working space where Stoke provides 00:14:09.200 --> 00:14:13.360 programming and has grown to include things like the Flint Conference Gold 00:14:13.360 --> 00:14:19.440 Walter and Pranavar week the startup crawl innovation group podcast conversations 00:14:19.440 --> 00:14:23.840 and coffee and then the accelerator startup incubator program with TWA you 00:14:23.840 --> 00:14:30.220 Center for women entrepreneurs and this year I got to participate in that when 00:14:30.220 --> 00:14:34.480 they did their pitch contest and it was really a fun event and do not anything 00:14:34.480 --> 00:14:39.960 like what I expected it to be so I was really excited to be part of that and 00:14:39.960 --> 00:14:46.200 Hickory Rail Ventures has been managing the Denton Stoke location since 2017 00:14:46.200 --> 00:14:50.920 and Stoke Denton was created as a program within the city of the City 00:14:50.920 --> 00:14:56.080 Office of Economic Development and then we went on to lease the co-working space 00:14:56.080 --> 00:15:04.360 last year as Heather commented Council directed us to turn over that ownership 00:15:04.360 --> 00:15:12.440 of assets and other things to Stoke so now they're managing that full-time in 00:15:12.440 --> 00:15:17.560 the new agreement that we started with Stoke last year it began on July of 2021 00:15:17.560 --> 00:15:23.160 Stoke has gone on to not just meet the expectations of agreement but gone past 00:15:23.160 --> 00:15:27.000 what we've asked them to do and so this year we'd like to look at a new 00:15:27.000 --> 00:15:32.640 agreement that should begin until January 1st of 2022 and just kind of 00:15:32.640 --> 00:15:36.440 looking at the end of the agreement and going forward again that contract the 00:15:36.440 --> 00:15:44.680 current contract ends on June 30th the part of the start of the agreement with 00:15:44.680 --> 00:15:48.240 Stoke was to help them through some of the things that happened over the last 00:15:48.240 --> 00:15:53.280 few years we've had COVID small businesses have been suffering and so 00:15:53.280 --> 00:15:57.880 we've been seeing a more need for entrepreneurs and that is also part of 00:15:57.880 --> 00:16:04.840 our new strategic plan so HRV Stoke has had a significant increase in programming 00:16:04.840 --> 00:16:12.000 and the new program that they have is actually part of our strategic plan goals 00:16:12.000 --> 00:16:19.460 so part of those goals is to champion and convene it's hard to access capital 00:16:19.460 --> 00:16:23.960 capital for the entrepreneurs building that ecosystem for entrepreneurs 00:16:23.960 --> 00:16:29.080 promoting Denton's creative brand and then growing their own talent initiative 00:16:29.080 --> 00:16:32.720 and those are some of the things that you saw in the agreement if you had an 00:16:32.720 --> 00:16:35.780 opportunity to be through that if you don't let me know and I'm happy to pull 00:16:35.780 --> 00:16:44.560 it out and show that to you in general terms the agreement HRV and the city 00:16:44.560 --> 00:16:48.560 want your partnership agreement focused on supporting the strategic the city's 00:16:48.560 --> 00:16:52.320 strategic efforts in that area of entrepreneurship tech and small business 00:16:52.320 --> 00:16:58.840 support it is a one-year agreement and the financial support ask is $143,170 00:16:58.840 --> 00:17:03.440 and the key activities that we're looking at our event support so again 00:17:03.440 --> 00:17:08.160 those programs such as Flint Conference startup global entrepreneur week 00:17:08.160 --> 00:17:11.920 programming support for the lunch and learns accelerator incubator programs 00:17:11.920 --> 00:17:19.280 copying combos marketing support the blogs podcast video social media and the 00:17:19.280 --> 00:17:24.080 ecosystem support and those are all things that happen because we support 00:17:24.080 --> 00:17:28.140 Stoke and we provide that that financial support to them to make those programs 00:17:28.140 --> 00:17:35.320 happen we will continue with monthly meetings with Stoke and an executive 00:17:35.320 --> 00:17:40.240 director Heather and economic development staff currently we do need on 00:17:40.240 --> 00:17:44.960 more than a monthly basis we're always in communications with Heather Heather 00:17:44.960 --> 00:17:50.680 does provide us with monthly reports that coincide with our strategic action 00:17:50.680 --> 00:17:55.000 items and we do track those and the information providing those reports is 00:17:55.000 --> 00:18:00.440 included in our quarterly report matrix report so each quarter the EDP board 00:18:00.440 --> 00:18:05.080 receives a quarterly strategic plan report and that'll be coming out next 00:18:05.080 --> 00:18:09.280 month so we just finished a quarter so in the next EDP board meeting you'll be 00:18:09.280 --> 00:18:12.560 seeing that but if you don't have access to it right now let us know and I'll be 00:18:12.560 --> 00:18:17.440 sure to give you our previous report and then also Stoke is required to provide 00:18:17.440 --> 00:18:24.040 us with an annual report which is provided to you here so one new impact 00:18:24.040 --> 00:18:29.480 to the proposed budget is support for a new program that we'd like to launch 00:18:29.480 --> 00:18:34.600 through Stoke and it's an entrepreneur expo and pitch contest this does fall 00:18:34.600 --> 00:18:40.720 within our strategic plan goal - which is to foster growth entrepreneur expo would 00:18:40.720 --> 00:18:47.520 be the expo is a place for entrepreneurs to come connect directly with customers 00:18:47.520 --> 00:18:52.040 it's a platform for them to showcase their talents excuse me and also to 00:18:52.040 --> 00:18:56.920 help them connect with other like-minded entrepreneurs a new aspect of that is a 00:18:56.920 --> 00:19:00.760 pitch contest and while pitch contests aren't new what is new is that we'd like 00:19:00.760 --> 00:19:10.920 to offer a cash direct prize to the entrepreneurs so part of that cash direct 00:19:10.920 --> 00:19:16.420 program along with the other parts of that to to the entrepreneur would be 00:19:16.420 --> 00:19:19.840 mentorship training support and resources from established agencies 00:19:19.840 --> 00:19:25.840 because we do partner with the workforce of North Texas we partner with the ISD 00:19:25.840 --> 00:19:33.080 with TWU, UNT and all of those programming together have identified and 00:19:33.080 --> 00:19:37.320 established programs to help entrepreneurs so part of the pitch 00:19:37.320 --> 00:19:40.920 contest win would be to also complete those programs and go through some of 00:19:40.920 --> 00:19:44.800 the additional training and then we also want to include products reports to 00:19:44.800 --> 00:19:48.520 track their success through those programs and how they were you how they 00:19:48.520 --> 00:19:55.800 utilize the funds to develop and advance their business so and also this new 00:19:55.800 --> 00:20:01.080 pitch expo and contest is in partnership with all the business Alliance group 00:20:01.080 --> 00:20:05.280 members if you're not familiar with that it's a new group that was started last 00:20:05.280 --> 00:20:09.120 year by our business development administrator and it brings together all 00:20:09.120 --> 00:20:13.360 of the entities in Denton that support entrepreneurs and it's a way for us to 00:20:13.360 --> 00:20:17.360 collaborate work together to support entrepreneurs without duplicating 00:20:17.360 --> 00:20:23.200 efforts wherever we can so it's a good way to bring us all together and so 00:20:23.200 --> 00:20:27.960 staff recommendations approval of the renewal of the agreement with a 00:20:27.960 --> 00:20:35.280 recommendation to City Council any questions for me see the line 00:20:35.280 --> 00:20:40.280 the ten thousand dollars is that a ten thousand dollar prize or is that some 00:20:40.280 --> 00:20:45.920 program support and a prize that's some smaller amount well one of the parts of 00:20:45.920 --> 00:20:52.960 the strategic plan is to bring cash on to entrepreneurs and so the idea is to 00:20:52.960 --> 00:20:58.440 have the ten thousand dollars spread out between several winners so that that way 00:20:58.440 --> 00:21:03.760 they they receive that influx of cash something to help them maybe it's a new 00:21:03.760 --> 00:21:09.520 business a new entrepreneur and they need some specialized equipment or maybe 00:21:09.520 --> 00:21:14.680 they want to get it into lease a new space it's whatever they identify as the 00:21:14.680 --> 00:21:19.760 need and that's part of the application for the for the pitch contest is asking 00:21:19.760 --> 00:21:24.120 them how we use these funds you know we want to make sure that they're used to 00:21:24.120 --> 00:21:28.160 promote the business and to grow their entrepreneur business whatever that may 00:21:28.160 --> 00:21:34.000 be and so we've identified a low medium and high as far as experience and 00:21:34.000 --> 00:21:37.480 activity for the entrepreneurship so maybe you have someone using in the idea 00:21:37.480 --> 00:21:41.760 state but they have some vetting of that that requires some funds then you have 00:21:41.760 --> 00:21:46.040 your new startup maybe they've only been in business a couple years they have some 00:21:46.040 --> 00:21:49.160 expansion they want to do or maybe it's someone's been in business for maybe 00:21:49.160 --> 00:21:53.560 three to five years and they want to start with an employee or are using 00:21:53.560 --> 00:21:57.720 specialized training so they can finish what it is in their process that they're 00:21:57.720 --> 00:22:02.480 producing so they have to identify here's how I'm going to use the money 00:22:02.480 --> 00:22:06.120 here's why I'm asking for it and then that's part of the competition aspect 00:22:06.120 --> 00:22:12.280 it doesn't be part of the pitch so it's up front not as they win and as 00:22:12.280 --> 00:22:20.480 requested right that particular part hasn't quite been identified yet we're 00:22:20.480 --> 00:22:23.480 still getting that out but that is something that we're looking at 00:22:23.480 --> 00:22:28.160 discussing because it it sometimes depends on the entrepreneur right what 00:22:28.160 --> 00:22:32.040 is the need that they have and maybe someone comes in and they've already 00:22:32.040 --> 00:22:35.000 gone through some of the training programs that we've identified that are 00:22:35.000 --> 00:22:39.720 needed to go through as part of the contest and so I think that's something 00:22:39.720 --> 00:22:44.160 that the Alex group needs to talk about a little more and and that out with some 00:22:44.160 --> 00:22:49.080 of the experiences that Heather's had with her with the contest. I was curious if 00:22:49.080 --> 00:22:57.240 there's other communities out there that are doing this. Yeah it is. The University of 00:22:57.240 --> 00:23:02.280 Oklahoma has a scholarship grant program like this that they have all their 00:23:02.280 --> 00:23:08.440 entrepreneurship pitch and that's where we got a lot of the bones for it is 00:23:08.440 --> 00:23:12.720 through theirs and they've been doing theirs I think they're on year five of 00:23:12.720 --> 00:23:16.240 their program and they do get the money right up front but they don't have any 00:23:16.240 --> 00:23:20.880 of the follow-up questions or or you know kinds of requirements that we're 00:23:20.880 --> 00:23:24.320 asking of our entrepreneurs because we want to support them and help them grow 00:23:24.320 --> 00:23:29.920 and without you just sometimes it's giving the money's on enough. 00:23:29.920 --> 00:23:38.080 Sure so I was just curious is this I guess we only do a one-year agreement is 00:23:38.080 --> 00:23:47.680 there why would we not do longer? You know as we were talking about the 00:23:47.680 --> 00:23:51.440 transition that we had last year as we were owning the space it really altered 00:23:51.440 --> 00:23:57.000 the relationship with HRV and as we went into that there were conversations at 00:23:57.000 --> 00:24:00.240 the council level of what is our financial commitment as we move forward 00:24:00.240 --> 00:24:04.600 we want to stair step that down what is the appropriate amount I think COVID 00:24:04.600 --> 00:24:09.080 itself just kind of put a kind of a cloud over all that it's hard to tell we 00:24:09.080 --> 00:24:13.160 know how important it is right now so our recommendation at this time is let's 00:24:13.160 --> 00:24:16.720 keep that same level of service keeping that same contribution as we go into the 00:24:16.720 --> 00:24:20.880 budget year and give us another year to have those conversations with council 00:24:20.880 --> 00:24:24.880 and the truth matter is any of these contracts even if it was a multi-year 00:24:24.880 --> 00:24:30.120 contract it still it still requires the budget conversation if it's not budgeted 00:24:30.120 --> 00:24:33.520 and there's always that's a piece of the contract so a one-year contract is 00:24:33.520 --> 00:24:37.760 essentially what it would be regardless but that's that's some of the history 00:24:37.760 --> 00:24:40.800 that got us to this point of saying we're comfortable just keeping the same 00:24:40.800 --> 00:24:45.160 commitment for this year and then having another conversation next year. I just 00:24:45.160 --> 00:24:49.560 heard what you said about your four-year lease and looks like there's a lot of 00:24:49.560 --> 00:24:55.240 financial support with all the activities that you do to promote so just trying to 00:24:55.240 --> 00:25:03.160 see that partnership from the commitment organization. Any other 00:25:03.160 --> 00:25:11.400 questions? From the the universities and ISD any feedback on how it's working how 00:25:11.400 --> 00:25:21.320 it's modified changes that you would see. Yeah we're definitely seeing the skills 00:25:21.320 --> 00:25:25.560 of the pitch and the entrepreneur expo in everything that we're doing we had a 00:25:25.560 --> 00:25:28.640 presentation last night with our group that did interior design architecture 00:25:28.640 --> 00:25:32.000 design and within our schools and working through some of that so we're 00:25:32.000 --> 00:25:38.920 we're seeing that piece. The question I would ask on your $10,000 investment 00:25:38.920 --> 00:25:43.000 prize so to speak or however you'd like to say is what outcomes are you seeking 00:25:43.000 --> 00:25:48.040 from those individuals so that you know when you come back next time and we want 00:25:48.040 --> 00:25:52.640 to do next year's budget the year after the year after what story do we have to 00:25:52.640 --> 00:25:56.320 tell that this is what we got for her or this is what this entrepreneur got for 00:25:56.320 --> 00:26:00.080 that $10,000 or it's what the community got for that business development we got 00:26:00.080 --> 00:26:04.080 from that so what are the outcomes that we're seeking as a result of that piece? 00:26:04.080 --> 00:26:10.640 We'd like to we'd like to see them grow and we'd like to see them return some 00:26:10.640 --> 00:26:15.040 of their investment by sharing and coordinating with other entrepreneurs 00:26:15.040 --> 00:26:19.440 and participating and staying in the community while they do that. So could 00:26:19.440 --> 00:26:23.400 that be part of the application for the grant for the for that now how will we 00:26:23.400 --> 00:26:30.600 know we were successful? You know how would we know how you know what's what 00:26:30.600 --> 00:26:40.680 are we gonna look at? We are looking at so as far as the program being successful 00:26:40.680 --> 00:26:46.560 won't be the number of participants in the pitch contest the participation and 00:26:46.560 --> 00:26:52.360 completion of the mentorship activities and then how they utilize and the prize 00:26:52.360 --> 00:26:57.360 to development to develop and advance their business. So we're looking at 00:26:57.360 --> 00:27:06.800 checkbacks with them or our follow-up with them at like 3, 6, 9 and 12 months so 00:27:06.800 --> 00:27:12.760 that way we have a good understanding and you know hopefully it works and you 00:27:12.760 --> 00:27:16.640 know everyone utilizes the funds and it helps support them and that's why we were 00:27:16.640 --> 00:27:21.600 asking for the extra or including the extra training because something we 00:27:21.600 --> 00:27:26.200 found in a lot of our small businesses in Fenton is they're not financially 00:27:26.200 --> 00:27:32.000 savvy so why they're really good at the business of making their their whatever 00:27:32.000 --> 00:27:37.680 does they make the business part of it they're they're not that you know not 00:27:37.680 --> 00:27:41.400 that educated on it and that came across really strongly when we were looking at 00:27:41.400 --> 00:27:46.360 the grants that were made available for businesses during COVID right so many 00:27:46.360 --> 00:27:51.560 businesses failed to receive funds because they didn't have the necessary 00:27:51.560 --> 00:27:57.480 documentation or paperwork or their credit was poor or other things were 00:27:57.480 --> 00:28:07.840 happening were preventing them from receiving funds and I think that I mean I 00:28:07.840 --> 00:28:10.800 think that says a lot about our businesses and the need they have from 00:28:10.800 --> 00:28:14.520 learning how to know the backing of the finance part of the business and that's 00:28:14.520 --> 00:28:17.960 what we're hoping to help the entrepreneurs with at the beginning 00:28:17.960 --> 00:28:21.520 level of starting their company and their businesses they're going to 00:28:21.520 --> 00:28:24.120 understand the financial piece of that and that's why we're asking for the 00:28:24.120 --> 00:28:29.120 additional training and programming I see a huge benefit of making that happen 00:28:29.120 --> 00:28:32.520 for a couple reasons one if you have a desired outcome when you start if you 00:28:32.520 --> 00:28:35.960 don't get there you learn what supports to need to put in place to help them get 00:28:35.960 --> 00:28:40.600 there right and so I think I think it's one thing to have numbers of people 00:28:40.600 --> 00:28:45.000 participate or mentors ours that's really you know quantitative data that's 00:28:45.000 --> 00:28:50.680 just collected but it's not necessarily influencing the success of what you're 00:28:50.680 --> 00:28:54.880 asking them to do so I think you know having them put that application working 00:28:54.880 --> 00:28:58.760 through that so that you know what how to help them when they don't get to that 00:28:58.760 --> 00:29:01.960 mark which is what you want to do right you want to help them be successful 00:29:01.960 --> 00:29:05.680 because that makes everybody successful and and I think that's a that's a big 00:29:05.680 --> 00:29:10.200 piece is no one how are we going to know what you're hitting so that we can 00:29:10.200 --> 00:29:15.720 support you along the way if in fact you aren't hitting it along the way just like 00:29:15.720 --> 00:29:21.800 teaching kids to read right and I would just say along those lines you can put 00:29:21.800 --> 00:29:27.440 it to where how does it speak to you the mission mission values of stoke as well 00:29:27.440 --> 00:29:30.560 that's right I think that's great 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 00:29:37.320 --> 00:29:41.880 function either but they were you know they're getting to use the space in some 00:29:41.880 --> 00:29:47.420 of these services for free so you at some point you gotta have also there so 00:29:47.420 --> 00:29:51.560 that failures launch and so that we can make sure that we're serving the highest 00:29:51.560 --> 00:29:55.040 and best use I do like it that we probably should all do this more but the 00:29:55.040 --> 00:29:59.840 city partner because either for mission so ours because it's coming through the 00:29:59.840 --> 00:30:03.360 sister grants really targeted to women-owned businesses so you only any 00:30:03.360 --> 00:30:07.680 part of the population to work on state funds so there's limitations on that for 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 00:30:12.240 --> 00:30:15.080 the other purpose so it's gotta be a partnership of different sources of 00:30:15.080 --> 00:30:22.040 funds to help them most so I do think assuming they try but you know there's 00:30:22.040 --> 00:30:25.000 also expertise within the universe we should be tapping into because to your 00:30:25.000 --> 00:30:27.960 point about the business acumen or whatever they can do to the volunteer 00:30:27.960 --> 00:30:33.800 time and said and just answer people's questions so that we're doing a service piece to bring in 00:30:33.800 --> 00:30:39.600 other information in that have access to unless they have papers 00:30:39.600 --> 00:30:48.040 so I I mean obviously I understand why we want to do this through Stokes since 00:30:48.040 --> 00:30:53.440 it's a city investment I do think that Jane Nelson Center for Entrepreneurship 00:30:53.440 --> 00:30:57.600 is such I mean it's a statewide tremendous resource in our backyard so 00:30:57.600 --> 00:31:03.960 I would just I mean my thoughts where I hope we were leverage the practices that 00:31:03.960 --> 00:31:08.760 they have I think it's more about you know giving the money but the support 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 00:31:14.720 --> 00:31:19.880 through that or I mean that the Center for Entrepreneurship I think the other 00:31:19.880 --> 00:31:26.520 pieces who you know who's viewing the candidates and who's choosing and I know 00:31:26.520 --> 00:31:32.560 that I think most of the startups that we're seeing are more retail type or 00:31:32.560 --> 00:31:38.400 internet retail type startups and from a university perspective we would love to 00:31:38.400 --> 00:31:43.320 see that be more science tech and I think the strategic plan vision for the 00:31:43.320 --> 00:31:47.840 city but you know I think you can only choose the winner based on the 00:31:47.840 --> 00:31:53.240 applicants but if there's a way to incentivize those and you know how 00:31:53.240 --> 00:31:58.300 they're decided I mean we know hackathons we know that any sort of 00:31:58.300 --> 00:32:03.680 incentive to get people to come forward is good it's the support resources to do 00:32:03.680 --> 00:32:09.080 that and you know I think our John McCary the head of our Center for 00:32:09.080 --> 00:32:12.400 Entrepreneurship and Innovation will be a good person to sit on the panel to review 00:32:12.400 --> 00:32:18.200 as would Tracy or other folks. I could just share with you the business 00:32:18.200 --> 00:32:22.120 allies that are helping with the pitch contest so you have economic development 00:32:22.120 --> 00:32:29.480 the Chamber of Economic Development, Genblog Chamber, UNT Murphy Center for 00:32:29.480 --> 00:32:33.920 Entrepreneur and Innovation, TWU Center for Women, United Way, Texas Workforce, 00:32:33.920 --> 00:32:41.380 Fit and ISP Career and Technology Center, Education, NCTCE, the SBDC and then of 00:32:41.380 --> 00:32:44.800 course Stoke and then the Main Street Association so all of those partners are 00:32:44.800 --> 00:32:50.200 coming together to review the applicants and beyond the review board for the 00:32:50.200 --> 00:33:00.320 pitch contest. Any other conversation? I mean in their application I mean I use the word 00:33:00.320 --> 00:33:03.640 performance measures and maybe that's not the best thing for every applicant but 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 00:33:10.320 --> 00:33:13.880 successful then there probably will be an ask next year until it's increased and 00:33:13.880 --> 00:33:19.200 more people involved and because the council is very focused on small 00:33:19.200 --> 00:33:24.000 business incentives right now less so than some of our larger economic 00:33:24.000 --> 00:33:29.280 development activities so maybe the applicants can help define their own 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 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 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 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 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 00:33:52.080 --> 00:33:56.080 to define their success kind of comes from the applicant and they can be kind 00:33:56.080 --> 00:34:01.000 of adjusted up or down by the approving panel or whoever over Wednesday say yeah 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 00:34:05.120 --> 00:34:13.520 amount of money and your performance measures are defined this way and that's 00:34:13.520 --> 00:34:17.800 another I mentioned that because that's another item right now with the council 00:34:17.800 --> 00:34:23.640 is performance measures and return on investment and making sure that we're 00:34:23.640 --> 00:34:29.360 even at very low dollar amounts investing well in the community and not 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 00:34:35.880 --> 00:34:41.680 today hours, she has some really good guidelines and she's been really a 00:34:41.680 --> 00:34:46.440 wonderful help and helping us to determine you know how do we want to 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 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 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 00:34:57.520 --> 00:35:02.560 everyone's experience and an input on what is the best practice for this and 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 00:35:06.560 --> 00:35:10.960 changes you know but being our first year out you know we're just trying to 00:35:10.960 --> 00:35:17.240 trying to produce metrics that we can continue to grow and build on so that it 00:35:17.240 --> 00:35:23.200 is a successful program. I think those are good people that you have advising on 00:35:23.200 --> 00:35:28.160 what the metrics should be because again no one wants to stay here a year from 00:35:28.160 --> 00:35:31.400 now and say we gave away ten thousand dollars and they're out of business so 00:35:31.400 --> 00:35:36.360 ensuring that those you know like those processes are in place to support and 00:35:36.360 --> 00:35:42.240 educate the entrepreneur and at least from an education perspective we have a 00:35:42.240 --> 00:35:45.680 lot of faculty with great ideas that spin off companies but if you don't have 00:35:45.680 --> 00:35:48.520 the business sense or you know aren't you aren't supportive of the business 00:35:48.520 --> 00:35:53.040 acumen then they fail they have a high risk of failure but Tracy's process is 00:35:53.040 --> 00:36:00.080 great. Great conversation Heather, Christine thank you for navigating that 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 00:36:05.440 --> 00:36:11.400 need recommendation for this right yes forward so anyone that would put forward 00:36:11.400 --> 00:36:22.960 a motion motion to carry and second thank you any other conversation we'll 00:36:22.960 --> 00:36:30.120 move to vote all in favor say aye aye any opposed okay thank you all great 00:36:30.120 --> 00:36:42.320 conversation the next Eric I believe you are addressing that's 22 - 0 22 alright 00:36:42.320 --> 00:37:09.600 I've never had that happen well you came back okay good morning my name is 00:37:09.600 --> 00:37:13.380 Erica Sullivan I'm the economic development program administrator we're 00:37:13.380 --> 00:37:18.040 going to be talking about incentive policies and the evaluation matrix so the 00:37:18.040 --> 00:37:23.560 objective today is to provide the information that well this board in 00:37:23.560 --> 00:37:28.120 February May and the City Council made at the March work session and then seek 00:37:28.120 --> 00:37:33.960 direction from EDP regarding those changes so we're going to go over five 00:37:33.960 --> 00:37:38.200 topics today so we're going to have the EDP recommendations again from February 00:37:38.200 --> 00:37:42.960 we're gonna have the council direction from the March work session the changes 00:37:42.960 --> 00:37:46.200 that the council suggested to the strategic growth areas as well as the 00:37:46.200 --> 00:37:50.440 changes that both bodies made to the evaluation matrix and then we're going 00:37:50.440 --> 00:37:56.160 to discuss living wage and income limit considerations that council directed so 00:37:56.160 --> 00:38:03.320 we'll begin with EDP recommendations so the EDP recommended that both staff and 00:38:03.320 --> 00:38:08.280 the EDP board recommendations on the evaluation matrix be brought up before 00:38:08.280 --> 00:38:11.840 council so you have both parties participating and then full of 00:38:11.840 --> 00:38:16.480 perspectives another category was added to three of the sections and you have 00:38:16.480 --> 00:38:20.420 the evaluation matrix at your table so we have the strategic growth areas for 00:38:20.420 --> 00:38:24.320 those who weren't here that's our former industry sectors then we have our 00:38:24.320 --> 00:38:29.040 priority considerations and then we have our public benefit considerations so ten 00:38:29.040 --> 00:38:33.260 points would be added to each category so if something didn't fit within the 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 00:38:39.680 --> 00:38:44.880 increase the expansion of the tax base and the fiscal impact categories by five 00:38:44.880 --> 00:38:50.120 points and then request was also made for range cohorts of four acceptable and 00:38:50.120 --> 00:38:56.520 excellent added to the evaluation matrix and then staff also added the sub totals 00:38:56.520 --> 00:39:04.120 to just make it easier to calculate EDP also requested example projects to be 00:39:04.120 --> 00:39:09.120 included in that evaluation matrix so we selected as staff three projects the 00:39:09.120 --> 00:39:12.920 first project has a significant tax base and capital investment this was a tax 00:39:12.920 --> 00:39:17.640 payment the second project is a local expansion project and they received a 00:39:17.640 --> 00:39:21.800 chapter 380 agreement and then the final ones an entrepreneur tech project 00:39:21.800 --> 00:39:28.400 received an expansion and job-based grant through a chapter 380 agreement so that 00:39:28.400 --> 00:39:34.000 was the EDP direction the council direction the first thing the council 00:39:34.000 --> 00:39:37.800 asked is that we include two additional names our industry codes to our 00:39:37.800 --> 00:39:41.320 strategic growth areas again these are our former industry sectors for those of 00:39:41.320 --> 00:39:45.680 you who weren't here and so they requested that we add 711 the performing 00:39:45.680 --> 00:39:50.520 arts since we are creative here and 512 music production publication to the 00:39:50.520 --> 00:39:56.020 creative strategic growth area and then they also requested an additional 00:39:56.020 --> 00:40:00.400 consideration to encourage minimum and or living wages for all new employees to 00:40:00.400 --> 00:40:07.360 the matrix so adding this additional consideration it would also be included 00:40:07.360 --> 00:40:11.760 in the policy so it's included here in this slide as well for council changes 00:40:11.760 --> 00:40:17.040 and requests to policies that one council member also made a request for a 00:40:17.040 --> 00:40:22.360 threshold for a minimum hourly wage requirement for all new jobs that were 00:40:22.360 --> 00:40:26.960 created by the project so the first one requested $21 per hour to encourage 00:40:26.960 --> 00:40:30.640 nice dress encourage and the second one would be a requirement a threshold 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 00:40:33.760 --> 00:40:38.320 council suggested the council also wanted more information so they 00:40:38.320 --> 00:40:43.400 requested information on the average and median wages to begin in addition to 00:40:43.400 --> 00:40:47.600 that they talked about living wage so the mayor actually requested 00:40:47.600 --> 00:40:51.120 information from Texas Workforce Solutions and then staff I brought up 00:40:51.120 --> 00:40:56.840 the income limits from HUD and then I also found MIT income living wage 00:40:56.840 --> 00:41:00.520 calculations as well that will be presented later on in the presentation 00:41:00.520 --> 00:41:06.120 so strategic growth areas again these are our former industry sectors used to 00:41:06.120 --> 00:41:09.400 the two changes again there were different sections there was connective 00:41:09.400 --> 00:41:13.560 there's creative there was sustainable and competitive this was just to the 00:41:13.560 --> 00:41:17.400 creative sector and then these are the two five one two and seven eleven for 00:41:17.400 --> 00:41:23.520 the performing and creative arts evaluation matrix again this includes 00:41:23.520 --> 00:41:28.480 both the EDP board and City Council EDP changes are noted in red and City 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 00:41:33.720 --> 00:41:40.640 at your table and we'll go over each section individually so the first 00:41:40.640 --> 00:41:46.480 section is our strategic growth areas our industry codes these are our targets 00:41:46.480 --> 00:41:51.200 our industry sector targets so you'll see that other has been added to this 00:41:51.200 --> 00:41:54.760 section others been added to each of the categories and this is an EDP 00:41:54.760 --> 00:41:57.880 recommendation and then you'll see the subtitles so those are the changes and 00:41:57.880 --> 00:42:02.200 also change the point structure so all those are denoted in red and then you 00:42:02.200 --> 00:42:06.280 have the actual scoring so we have three the three samples we talked about so the 00:42:06.280 --> 00:42:10.600 capital the expansion and the tech so the capital high project and the 00:42:10.600 --> 00:42:14.480 expansion project fell under connective and then the entrepreneur tech fell 00:42:14.480 --> 00:42:21.160 under creative this is the second half of the priority our first half of the 00:42:21.160 --> 00:42:26.400 priority considerations and you'll see that under generating new utility 00:42:26.400 --> 00:42:31.320 customers the capital example did very well here which makes sense encouraging 00:42:31.320 --> 00:42:34.240 new business market suppliers and entrepreneurship the entrepreneur 00:42:34.240 --> 00:42:38.880 samples for highest in this category the capital sample was the only one that had 00:42:38.880 --> 00:42:43.600 engaged the sustainable practices in their application increasing high-wage 00:42:43.600 --> 00:42:50.440 jobs you'll see that the tech samples for the best in this category moving on 00:42:50.440 --> 00:42:54.440 to the second half of the priority considerations you will see in green 00:42:54.440 --> 00:42:58.040 it's the council recommendation so this is encouraging a living wage for all 00:42:58.040 --> 00:43:03.160 employees and they suggested 21 an hour which equates to forty three thousand 00:43:03.160 --> 00:43:07.680 six eighty annually and since we've been doing everything else via annual and our 00:43:07.680 --> 00:43:13.000 policies converted it to annual you'll see also the other consideration that 00:43:13.000 --> 00:43:17.300 this board recommended and then the subtotal as well and then so moving to 00:43:17.300 --> 00:43:22.480 the evaluation portion the capital sample the expansion and the tech 00:43:22.480 --> 00:43:27.440 encouraging non-space jobs the tech scored highest in this category it's 00:43:27.440 --> 00:43:30.280 where an infill development redevelopment the expansion project 00:43:30.280 --> 00:43:34.560 utilized a building that had been vacant for two years so they scored highest in 00:43:34.560 --> 00:43:39.200 this category encouraging a living wage this is a new category so we I did 00:43:39.200 --> 00:43:43.720 evaluation of this after council so you can see that the tech entrepreneur does 00:43:43.720 --> 00:43:47.880 best in this particular category none were headquarters they're not included 00:43:47.880 --> 00:43:51.280 there and then child care assistance wasn't something that we asked prior so 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 00:43:56.280 --> 00:44:01.120 points the capital sample was regional distribution they had some ISO standards 00:44:01.120 --> 00:44:05.280 that we gave them to staff gave additional credit for as well as the 00:44:05.280 --> 00:44:11.480 expansion intact for their retention of jobs and I missed one item in the other 00:44:11.480 --> 00:44:17.600 category so the other category staff evaluation on the strategic growth areas 00:44:17.600 --> 00:44:22.920 the expansion sample had two industry codes so they had aerospace and 00:44:22.920 --> 00:44:26.280 manufacturing so they were given additional points for their aerospace and 00:44:26.280 --> 00:44:30.120 then the tech entrepreneur sample had different spoke companies offshoot 00:44:30.120 --> 00:44:37.280 companies so they were given different additional points for that as well so 00:44:37.280 --> 00:44:42.360 we'll move on to the public benefit section and so this board had asked for 00:44:42.360 --> 00:44:46.840 additional points to be considered for the expanding the tax phase and fiscal 00:44:46.840 --> 00:44:51.600 and economic impacts and then you see the other and then the subtitle changes 00:44:51.600 --> 00:44:56.600 as well as the point structure changes in red as far as the evaluation expanding 00:44:56.600 --> 00:45:00.600 the tax base you can see that the high tax base capital tax evasion scored the 00:45:00.600 --> 00:45:04.960 best in this category fiscal and economic impacts both the capital sample 00:45:04.960 --> 00:45:09.040 and the tech sample scored well the spinoff of jobs and that type of thing 00:45:09.040 --> 00:45:14.240 and the community investment you'll see the public-private partnership the 00:45:14.240 --> 00:45:17.920 capital sample had a lot more partnerships with different entities and 00:45:17.920 --> 00:45:22.320 then they use the local contractors the other factors I didn't award any 00:45:22.320 --> 00:45:28.460 additional other in this particular category and then so the final request 00:45:28.460 --> 00:45:32.360 that this board made was to actually put these into cohorts so we have poor 00:45:32.360 --> 00:45:36.400 acceptable and excellent and you will see the total scores for each of these 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 00:45:41.460 --> 00:45:50.040 capital sample scored excellent we'll now move on to living wage and income 00:45:50.040 --> 00:45:57.840 considerations so again we talked about the things that council requested 00:45:57.840 --> 00:46:01.080 encouraging a living wage for all employees of at least twenty one dollars 00:46:01.080 --> 00:46:06.240 or forty three six eighty annually a threshold for a minimum hourly wage of 00:46:06.240 --> 00:46:11.760 at least fifteen per hour or thirty one thousand two hundred out annually and 00:46:11.760 --> 00:46:15.800 then both encouraging a living wage and minimum hourly wage for all new employees 00:46:15.800 --> 00:46:19.840 could also be considered so you could do both one or the other in your 00:46:19.840 --> 00:46:23.040 recommendation and then there's a summary table of what's proposed from 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 00:46:29.240 --> 00:46:33.600 most basic information we'll start with that with annual and hourly wages or 00:46:33.600 --> 00:46:39.280 average wage and median wage for the county for Denton County and the source 00:46:39.280 --> 00:46:47.860 is MC our statistical package that we utilize and the MIT living wage 00:46:47.860 --> 00:46:52.040 calculation for Texas is presented here you also have it at your table and I 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 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 00:47:02.920 --> 00:47:06.360 next row you'll see the number of children and it increases as you go 00:47:06.360 --> 00:47:10.360 towards the right and then you have on the very bottom your minimum wage on 00:47:10.360 --> 00:47:14.160 the top you have your living wage and then you have your poverty wage I went 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 00:47:17.760 --> 00:47:21.120 discuss we'll begin with the first table which is the only living wage 00:47:21.120 --> 00:47:24.480 calculator the next two are going to be income limits they're not apples to 00:47:24.480 --> 00:47:29.080 apples exactly but I think they helped give us a better idea another thing 00:47:29.080 --> 00:47:32.400 that we've looked at is other cities so we looked at what other cities are 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 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 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 00:47:46.440 --> 00:47:54.160 samples the next is HUD Department of Housing and Urban Development and these 00:47:54.160 --> 00:47:59.920 are the income limits for the Dallas MSA and so they based this based on median 00:47:59.920 --> 00:48:04.120 income so you'll see the number of persons in the family then you'll see 00:48:04.120 --> 00:48:08.680 the family increases you go across and then you'll see low 80% of the income 00:48:08.680 --> 00:48:14.200 limit followed by 50% of the income limit and then finally extremely low and 00:48:14.200 --> 00:48:24.080 again we highlighted in bold for person household and then finally the request 00:48:24.080 --> 00:48:27.640 was to include Texas Workforce Commission information on the Innovation 00:48:27.640 --> 00:48:31.480 and Opportunity Act eligibility requirements and this is also for the 00:48:31.480 --> 00:48:35.920 Dallas Board in the state and this is what Workforce Development Board used 00:48:35.920 --> 00:48:41.200 for this particular grant program you'll see again as the number of persons in 00:48:41.200 --> 00:48:45.360 the household increases so this that as you go across and again for member 00:48:45.360 --> 00:48:49.240 household is highlighted just so you can get an idea and again the sample 00:48:49.240 --> 00:49:00.080 estimates from other cities came in between 11 and 15 so one of the things 00:49:00.080 --> 00:49:04.000 that we discussed the last time in February was the evaluation matrix and 00:49:04.000 --> 00:49:07.680 how we wanted to include it so the evaluation matrix can be utilized as an 00:49:07.680 --> 00:49:12.680 internal document or as an exhibit to the policies staff recommends if we do 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 00:49:16.040 --> 00:49:20.840 can update it as needed particularly for clarification so that both parties 00:49:20.840 --> 00:49:28.400 understand it we notice that when we did our application the first time options 00:49:28.400 --> 00:49:32.440 and staff recommendations concerning the policies and the documents that support 00:49:32.440 --> 00:49:36.240 the policies the EDP board can recommend the incentive policies and incentive 00:49:36.240 --> 00:49:41.200 evaluation matrix with the proposed changes from the board and council to 00:49:41.200 --> 00:49:45.320 City Council and then this also this board can also make a recommendation to 00:49:45.320 --> 00:49:49.280 include items exclude items or provide other direction concerning the incentive 00:49:49.280 --> 00:49:56.080 policies and incentive evaluation matrix in the board's recommendation I'll be 00:49:56.080 --> 00:49:59.720 happy to answer questions review items go back over items like I said you have 00:49:59.720 --> 00:50:05.640 the three different tables at your table with goals hourly and annual wages if 00:50:05.640 --> 00:50:15.840 you flip it on each side okay great information to digest any 00:50:15.840 --> 00:50:19.280 questions of Erika 00:50:19.280 --> 00:50:32.240 if you want to make a recommendation to council the recommendation was made 00:50:32.240 --> 00:50:35.000 during council council requested additional information you're 00:50:35.000 --> 00:50:39.080 receiving that additional information first this particular board is picked 00:50:39.080 --> 00:50:43.600 for their specialties in economic development aviation and the like so if 00:50:43.600 --> 00:50:46.080 you'd like to make a written recommendation I think that would be 00:50:46.080 --> 00:50:52.920 wonderful we provided different information as well as cost to help aid 00:50:52.920 --> 00:50:59.480 you in that process so the recommendation is to repeat from the City Council is 00:50:59.480 --> 00:51:09.080 that the lowest to receive incentives is $15 and the average and highest $21 right 00:51:09.080 --> 00:51:13.960 one is to encourage and that was at 21 and that would be under our priority 00:51:13.960 --> 00:51:18.480 considerations and you could do that make a recommendation for that you can 00:51:18.480 --> 00:51:22.520 make a recommendation for the minimum threshold requirement remember this 00:51:22.520 --> 00:51:28.640 would be a requirement of $15 or any other you can make a using these tables 00:51:28.640 --> 00:51:32.520 are using the comps that I provided you could come up with another thing in 00:51:32.520 --> 00:51:37.920 addition to the living wage that's the more more of a discussion item what we 00:51:37.920 --> 00:51:44.960 also want to talk about the two additional creative nicks as well so we 00:51:44.960 --> 00:51:52.040 would be recommending like I said what presented here or some other version of 00:51:52.040 --> 00:52:04.400 what's presented here at the board's discretion sorry no there was quite a 00:52:04.400 --> 00:52:09.560 bit of consensus for living white and Jesse can correct us if we're wrong 00:52:09.560 --> 00:52:14.360 that that was one thing that we received from council another member 00:52:14.360 --> 00:52:20.760 requested the threshold I don't know that anybody else commented on it but 00:52:20.760 --> 00:52:26.200 it's it's something that we can definitely discuss I don't recall 00:52:26.200 --> 00:52:29.960 consensus for the threshold I think it was definitely a conversation and we 00:52:29.960 --> 00:52:34.880 like to incent businesses that are bringing good good-paying jobs all that 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 00:52:40.960 --> 00:52:46.080 was a consensus for more math more than because the numbers that were thrown at 00:52:46.080 --> 00:52:50.280 the council meeting were numbers you might read the newspaper or back at the 00:52:50.280 --> 00:52:59.280 cocktail back in the envelope not this level specific the main thing we asked 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 00:53:03.360 --> 00:53:10.240 living wages are I think my concern would be the threshold of $15 when we're 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 00:53:17.400 --> 00:53:22.280 less than Denton and just I don't know encouraging the activity right 00:53:22.280 --> 00:53:27.320 encouraging us being able to offer incentives to companies if you're a 00:53:27.320 --> 00:53:34.720 startup that just may not be possible I mean this is a inflation may totally 00:53:34.720 --> 00:53:38.320 change that conversation I just would hate to have a threshold where you're 00:53:38.320 --> 00:53:43.040 meeting so many other benchmarks and for you know Austin I guess just Austin and 00:53:43.040 --> 00:53:48.260 Dallas don't feel like the best comparisons to Denton and if Dallas is 00:53:48.260 --> 00:53:51.400 saying 11 so anyway I'm glad to hear that there was not consensus around the 00:53:51.400 --> 00:53:55.600 threshold that would be my concern to your point the median wage you can see 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 00:54:01.160 --> 00:54:09.160 higher it's 89,000 point I mean Amazon starting weight for hammers is 15 so 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 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 00:54:16.280 --> 00:54:21.280 well-established companies now the man's driving their salaries up but you know 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 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 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 00:54:36.280 --> 00:54:40.740 pretty hard requirement all right and depends on what your business model is 00:54:40.740 --> 00:54:46.200 does that really need it it may not it doesn't add flexibility to those that 00:54:46.200 --> 00:54:51.760 may have a really good idea and potentially can grow their business 00:54:51.760 --> 00:54:58.440 one is encouraging one is a right department I would agree I think if we 00:54:58.440 --> 00:55:02.280 put something in there to encourage it you know to say hey we get some 00:55:02.280 --> 00:55:05.920 additional credit if you do meet these thresholds but they just put it as a 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 00:55:11.800 --> 00:55:15.200 forklift driver right there wasn't any forklift jobs in Denton when the Dr. 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 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 00:55:23.720 --> 00:55:30.920 just be a hard no I think we should encourage people who do offer higher 00:55:30.920 --> 00:55:36.880 wage and jobs but I don't think you can just totally exclude because there are 00:55:36.880 --> 00:55:45.120 people who need those jobs we decide to encourage using $21 an hour is what we 00:55:45.120 --> 00:55:50.760 want to encourage or do we want to encourage another it's pretty hot that's 00:55:50.760 --> 00:56:00.640 pretty hot a question so my family is five people to two working adult three 00:56:00.640 --> 00:56:06.040 school-aged children and we have you know the daddy provided kind of gives us 00:56:06.040 --> 00:56:10.000 ranges you know all different family makeups are single individuals where 00:56:10.000 --> 00:56:14.720 they could fall on what kind of what MIT's calculator I guess defines as a 00:56:14.720 --> 00:56:19.240 living wage or what income levels they have to be at to qualify for certain 00:56:19.240 --> 00:56:25.000 benefits but you also highlighted the family of four and I know that's the 00:56:25.000 --> 00:56:29.000 traditional thing we do right highlight that family of four but I'm thinking 00:56:29.000 --> 00:56:34.880 about Amazon handlers I know any number of Amazon handlers and exactly one of 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 00:56:38.800 --> 00:56:43.080 skill level or living on their own just anecdotally those the people I know 00:56:43.080 --> 00:56:50.120 Amazon handlers so how how should we look at this family of four because I 00:56:50.120 --> 00:56:55.360 know when the council sees the data some council members are going to go all the 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 00:56:58.960 --> 00:57:04.120 build a case around from the table others will look and say well family of 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 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 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 00:57:16.520 --> 00:57:21.080 everybody's got we're building a case around what one person needs to make as 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 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 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 00:57:38.400 --> 00:57:45.320 for continuity the family of four was highlighted I looked at one as well 00:57:45.320 --> 00:57:51.800 personally for all of them so you can see one in four here with the Texas 00:57:51.800 --> 00:58:02.880 workforce one in four with HUD and then one in four here as well because yeah 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 00:58:07.280 --> 00:58:13.840 instigated when you download the chart they highlight the families work kind of 00:58:13.840 --> 00:58:17.200 falls along with what my understanding the family of four is that's the way 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 00:58:21.520 --> 00:58:27.840 base unit of a family is there any industry data on the workforce today 00:58:27.840 --> 00:58:38.280 tends to be a huge range right most working adults are supporting one other 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 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 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 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 00:59:05.320 --> 00:59:12.280 thing helps me in my thinking it may be very helpful other people that's not 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 00:59:16.280 --> 00:59:21.560 is a data point the eventual council approval will be built around one of 00:59:21.560 --> 00:59:29.800 these data points yeah we should make a recommendation I think it would be very 00:59:29.800 --> 00:59:35.800 helpful to the council discussion if whatever whatever this body kind of 00:59:35.800 --> 00:59:39.920 comes to a consensus and feel like it's an appropriate number for we encourage 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 00:59:44.360 --> 00:59:49.800 points not big break in the bank extra points but some extra points at this 00:59:49.800 --> 00:59:56.880 level the council threw out a council member threw out the $21 the rest of 00:59:56.880 --> 01:00:03.040 the council kind of said oh okay let's keep talking so they need direction we 01:00:03.040 --> 01:00:06.720 need direction for people who know what they're talking about 01:00:06.720 --> 01:00:10.400 economic development partnership board is advisory board so I think would be 01:00:10.400 --> 01:00:17.680 good given them the makeup of this for to make a recommendation because we are 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 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 01:00:28.280 --> 01:00:33.840 children who put in the way through school the only industry only industry we 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 01:00:39.240 --> 01:00:42.920 work with themselves through school so I'm arguing that may not be for a long 01:00:42.920 --> 01:00:48.600 term but for a period of time yeah they may be Amazon driver or packer or 01:00:48.600 --> 01:00:54.960 hammer or UPI is safe should be closed off to that option because you can't 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 01:01:00.440 --> 01:01:05.240 those other industries the exact work to ups in the mornings they pay for my 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 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 01:01:15.440 --> 01:01:21.720 because we think and how many businesses right now in our community would not 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 01:01:28.560 --> 01:01:35.080 we don't want to discourage our Amazon Walmart those kind of places are all 01:01:35.080 --> 01:01:39.920 forming programs in which they continue to beef up on like what ups and stuff 01:01:39.920 --> 01:01:42.960 did to educate their people and get them on out and they're doing partnerships 01:01:42.960 --> 01:01:46.360 with UNT and the other universities community colleges and you we don't want 01:01:46.360 --> 01:01:51.160 to bury artificial barriers up to those two because they're all intended to 01:01:51.160 --> 01:01:57.400 promote those people getting degrees and finishing which is I think I would be 01:01:57.400 --> 01:02:01.800 opposed to a threshold for all of these reasons because it's so inhibiting and 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 01:02:09.480 --> 01:02:14.040 hard threshold even manage it's kind of depends on how many hours that person 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 01:02:18.600 --> 01:02:23.720 recommendation I would I would say and encouraging a little livable wage makes 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 01:02:37.880 --> 01:02:46.960 just a quick question one of the score sets is increased high-wage jobs and it 01:02:46.960 --> 01:02:51.760 defines that has significant which is kind of nebulous significant percentage 01:02:51.760 --> 01:02:57.800 and then two down is the conversation around living wage and those are the 01:02:57.800 --> 01:03:03.440 base salaries of each or not so it feels like we're maybe double counting well 01:03:03.440 --> 01:03:08.360 high-wage job is gonna have a different threshold than a living wage and so the 01:03:08.360 --> 01:03:11.920 high wage would be something we would consider incentivizing with a job-based 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 01:03:16.920 --> 01:03:21.560 other ones on the other one encouraging a living wage would be for all employees 01:03:21.560 --> 01:03:25.080 all of the new employees and so that would be different so that would be the 01:03:25.080 --> 01:03:32.320 base employees versus we wouldn't consider incentivizing those we can 01:03:32.320 --> 01:03:36.080 incur we can request two different things but one we would incentivize with 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 01:03:39.760 --> 01:03:42.720 about is we don't know what benefits those companies offer how much health 01:03:42.720 --> 01:03:46.280 insurance are they paying how much you know what kind of continued education 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 01:03:50.440 --> 01:03:55.280 provide the minimum health insurance and we don't provide any continued education 01:03:55.280 --> 01:04:00.280 or you got somebody that pays less but they may pay college tuition or books or 01:04:00.280 --> 01:04:04.920 may say we pay a hundred percent of your health insurance those are decisions as 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 01:04:11.720 --> 01:04:16.280 pressing just a hard number and then we're getting into okay what's the value 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 01:04:19.440 --> 01:04:24.720 job really hard to be able to justify those things the total compensation yeah 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 01:04:30.360 --> 01:04:35.480 market when people decide to take other jobs you know or leaving our business or 01:04:35.480 --> 01:04:39.360 we're recruiting people we don't just say an hourly rate we put a whole 01:04:39.360 --> 01:04:45.240 compensation sheet together to explain you know 401k we participate in that you 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 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 01:04:53.960 --> 01:04:57.720 insurance or give the minimum health insurance you know I think we get into 01:04:57.720 --> 01:05:02.120 those games at that point rather than going let's let businesses do what they 01:05:02.120 --> 01:05:04.120 do 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 01:05:15.120 --> 01:05:21.480 itself creates some fallout as it works through you know we're as an employer as 01:05:21.480 --> 01:05:24.680 the school district you know we have workers that we're working through to 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 01:05:29.640 --> 01:05:34.000 for trying to make sure you have you have you know living wages and things 01:05:34.000 --> 01:05:37.520 for people to come in and give incentives for those that come with us at 01:05:37.520 --> 01:05:41.960 the same time that that would be price increases that would be a lot of other 01:05:41.960 --> 01:05:46.200 things that will happen all along the way with for those those expenses get 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 01:05:51.800 --> 01:05:55.080 starting wages as for some of their jobs I know what the school districts are 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 01:05:58.740 --> 01:06:02.880 those pieces so now you start adding in other expenses of the trading people 01:06:02.880 --> 01:06:08.120 around and HR factors and other pieces are playing into that that that while we 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 01:06:12.120 --> 01:06:16.400 number there there is a big ripple effect that impacts the taxpayer that 01:06:16.400 --> 01:06:19.680 doesn't have anything to do with this especially whenever you can only grow a 01:06:19.680 --> 01:06:23.280 certain percentage in your city taxes in your school district taxes with your 01:06:23.280 --> 01:06:27.360 employees and how those things work and come together and next thing you know I 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 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 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 01:06:41.080 --> 01:06:47.040 holistic way of how all that impacts our local economy with regard to price 01:06:47.040 --> 01:06:51.200 structures and business and the number of people that people actually hire and 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 01:06:57.200 --> 01:07:01.920 also state-funded as well so they have those same same revenue things that come 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 01:07:07.960 --> 01:07:13.680 to think about how these decisions impact all those other sectors that are 01:07:13.680 --> 01:07:18.000 some of the major employers in our community you want that how that whole 01:07:18.000 --> 01:07:23.000 person comes together so I mean it's just a point 01:07:23.000 --> 01:07:28.200 any other conversation it's just gonna ask is it telling that you could not 01:07:28.200 --> 01:07:32.840 find many cities that have this as a criteria does that mean many cities 01:07:32.840 --> 01:07:38.520 don't have criteria or they don't have this as a protect criteria there was 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 01:07:41.520 --> 01:07:45.760 Edinburgh and all the Hidalgo County so there was another one but I was doing 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 01:07:49.440 --> 01:07:57.180 not to say that there weren't others but from searching some required some 01:07:57.180 --> 01:08:01.920 encouraged yeah it was different some used MIT as their guidelines you know 01:08:01.920 --> 01:08:05.520 some use Department of Health and Human Services which actually to the Texas 01:08:05.520 --> 01:08:13.000 Workforce Commission incorporates into theirs I know it's just one point I mean 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 01:08:19.840 --> 01:08:27.440 requirements I like the encouragement I think $21 is too much and given exactly 01:08:27.440 --> 01:08:30.680 what you said from an economic standpoint all it's gonna do is drive up 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 01:08:41.280 --> 01:08:45.920 and the other considerations could that not be part of the other considerations 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 01:08:52.560 --> 01:08:57.080 for certain council members that's been a part of their calculus and it just 01:08:57.080 --> 01:09:01.000 always has been as long as they've been asked to answer that question what 01:09:01.000 --> 01:09:06.800 you're seeing now is that same consideration that certain members vote 01:09:06.800 --> 01:09:11.080 you're seeing that same consideration bubble up to the top and and now they're 01:09:11.080 --> 01:09:17.720 asking for it to be a part of the evaluation matrix a council member that 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 01:09:22.360 --> 01:09:28.880 $15 which that's that's their prerogative but they also said that they 01:09:28.880 --> 01:09:32.520 didn't do it the last time because you remember we do our policies every two 01:09:32.520 --> 01:09:37.000 years my question is was there some discussion around some of the things 01:09:37.000 --> 01:09:41.800 that we brought up today was there some of those discussion the discussion was 01:09:41.800 --> 01:09:47.640 mostly it seems that this issue has bubbled to the to the top and that 01:09:47.640 --> 01:09:53.520 there's a consensus for including some conversation of what is the lowest paid 01:09:53.520 --> 01:09:59.600 person in this organization being paid and and then there's a lot of question 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 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 01:10:10.800 --> 01:10:13.840 council's gonna find valuable your feedback about thresholds that's one 01:10:13.840 --> 01:10:17.960 question answered and the council discuss that and take your advice and 01:10:17.960 --> 01:10:24.360 and do whatever with it that they're going to the this one I feel strongly 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 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 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 01:10:38.360 --> 01:10:43.080 think it's 15 like Austin and what is the was the rationale behind that as 01:10:43.080 --> 01:10:49.520 employers and people active in local economy what what number do y'all 01:10:49.520 --> 01:10:55.920 recommend and and why I think the items gonna end up in there regardless and if 01:10:55.920 --> 01:10:59.240 there's not a recommendation from this group it's probably give me that 21 bucks 01:10:59.240 --> 01:11:04.320 that somebody threw out there and and and their own rationale thought was a 01:11:04.320 --> 01:11:08.200 good place to start the conversation well I think our job as a board here is 01:11:08.200 --> 01:11:11.880 just to give the best boots on the ground advice so when we're in these 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 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 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 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 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 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 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 01:11:38.360 --> 01:11:43.360 truly you know combined total pay from 401k and benefits you know I don't know 01:11:43.360 --> 01:11:48.280 if those discussions were had there and and then what is our average today so 01:11:48.280 --> 01:11:52.640 our job is to ask those questions just to spur thinking right and then may come 01:11:52.640 --> 01:11:57.000 up with some recommendations but but I hope what we really do rather than say 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 01:12:00.420 --> 01:12:05.160 ground in involved in this daily that's what I would hope that we can provide 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 01:12:10.560 --> 01:12:15.200 think that's what that's what the council should should want from advisor 01:12:15.200 --> 01:12:20.040 group I can tell you the response from majority the council to the things you 01:12:20.040 --> 01:12:25.000 just said are everyone should be paid more everyone's compensation should be 01:12:25.000 --> 01:12:31.280 higher costs are going up everyone base level all the way up to the C-suite 01:12:31.280 --> 01:12:39.800 everybody well not the C-suite but the response from the authority council 01:12:39.800 --> 01:12:44.040 right now would be thank you we appreciate the C-suite perspective 01:12:44.040 --> 01:12:48.340 that you've given us now we think everyone of the low ends be making more 01:12:48.340 --> 01:12:52.920 regardless of industry regardless of family situation all that stuff that's 01:12:52.920 --> 01:13:02.240 the respect this is what and then it will never be enough and to be 01:13:02.240 --> 01:13:08.160 completely fair I mean completely fair that folks the council majority they are 01:13:08.160 --> 01:13:11.320 aware of the things you're talking about they read the newspaper just like we all 01:13:11.320 --> 01:13:15.040 do their experience of the inflation just like we all are and they are they 01:13:15.040 --> 01:13:20.600 are aware of the things that the complex web of things that produce grocery store 01:13:20.600 --> 01:13:24.780 prices and gas prices and all that kind of stuff their policy perspective is 01:13:24.780 --> 01:13:29.640 that people people the low end should be paid more and the minimum wage is too 01:13:29.640 --> 01:13:34.720 low that the city should be involved the order heard they should be involved in 01:13:34.720 --> 01:13:40.800 sending anybody who has a lowest earner in their organization is below a certain 01:13:40.800 --> 01:13:45.040 threshold that sort of talk through that question that's the prevailing 01:13:45.040 --> 01:13:48.800 perspective on the council right now I guess the question is how do we measure 01:13:48.800 --> 01:13:52.360 that right when these people come in for these incentives is it a full 01:13:52.360 --> 01:13:58.200 compensation package for is it just whatever their paycheck so that be a 01:13:58.200 --> 01:14:01.760 discussion that I would recommend and for us I would just say hey you know we 01:14:01.760 --> 01:14:04.880 give the best recommendation we can then honor and respect our elected officials 01:14:04.880 --> 01:14:12.440 that that you know I think we have to be honest in what our opinion obviously 01:14:12.440 --> 01:14:15.480 don't have evokes on an ex officio member but we work with both sides of 01:14:15.480 --> 01:14:18.560 the equation we work with employers and we work with employees and I think please 01:14:18.560 --> 01:14:23.080 point is very valid in that we look to attract and retain talent in the 01:14:23.080 --> 01:14:26.480 community and one part of that is we know companies are going to incentivize 01:14:26.480 --> 01:14:30.240 employees we want them to stay and part of that is looking at their total 01:14:30.240 --> 01:14:34.520 compensation and so attracting and retaining talent what is the total 01:14:34.520 --> 01:14:38.560 employee experience and so whether it's a living wage or the fact that they're 01:14:38.560 --> 01:14:42.000 treated well as an employee that's something that is hard to very much so 01:14:42.000 --> 01:14:46.560 pinpoint on a spreadsheet do they get a great experience when they go to work I 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 01:14:49.160 --> 01:14:53.320 employee do they have an opportunity for continuing education or continuing yeah 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 01:14:57.240 --> 01:15:00.720 so that's something that is an advisory committee we figure out do they have a 01:15:00.720 --> 01:15:04.920 401k are they not jumping for 25 cents to leave Peterbilt to another 01:15:04.920 --> 01:15:08.480 manufacturer because three generations of their family work there that's not 01:15:08.480 --> 01:15:12.120 something we can figure out how to pinpoint but when we talk about choice 01:15:12.120 --> 01:15:16.840 employers we look at total compensation based on their total experience at a 01:15:16.840 --> 01:15:20.200 company and I think that's just something as an advisory committee we 01:15:20.200 --> 01:15:25.120 look at we look at the total experience as a company but living wages a factor 01:15:25.120 --> 01:15:29.400 into that but there's no way to put their total experience point value so 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 01:15:35.080 --> 01:15:43.600 average small business or anybody trying to expand anyone trying to that's the 01:15:43.600 --> 01:15:46.280 exercise it's trying to grow your business that's why you didn't even say 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 01:15:50.440 --> 01:15:56.040 maybe the lower wage area is someone who is single starting out and maybe it's 01:15:56.040 --> 01:16:07.880 not the poor person full family this right maybe is I don't know if living 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 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 01:16:21.360 --> 01:16:26.160 also about the talent that's here you know I mean you know you put some 01:16:26.160 --> 01:16:31.440 incentives in place based upon an hourly wage or threshold or whatever I mean the 01:16:31.440 --> 01:16:36.120 the relocation the person is thinking what talents already there and if the 01:16:36.120 --> 01:16:40.240 talent that's there is not worthy of a of a $21 threshold or something like 01:16:40.240 --> 01:16:45.080 that we're not coming so you have to think through the talent that's here 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 01:16:49.040 --> 01:16:55.120 TWA, UNT, NCTC, ISD for workforce development and that whole piece and are 01:16:55.120 --> 01:16:58.480 we putting our resources into that so that you know if you're going to come 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 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 01:17:08.240 --> 01:17:13.120 because the the talent you get and the talent when you relocate are they 01:17:13.120 --> 01:17:15.840 migrating somewhere else or they coming here because of the people that are here 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 01:17:23.240 --> 01:17:28.200 have at the council level too about who who's actually doing that and where is 01:17:28.200 --> 01:17:32.720 that coming from and to your point about are we going to turn away a Tesla, 01:17:32.720 --> 01:17:37.800 Amazon, a Google based upon a threshold there I would say no I think they're 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 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 01:17:46.360 --> 01:17:49.200 the talent piece of the employees that are working in the company new 01:17:49.200 --> 01:17:59.080 organizations right you know the other part about that I would argue that if 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 01:18:06.560 --> 01:18:12.840 regard to just for my housing it's very different very different so in an effort 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 01:18:24.280 --> 01:18:28.280 is what how it's gonna blow the case around whatever number feels good to 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 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 01:18:34.840 --> 01:18:41.000 recommendation around just if I was trying to build a case for support a 01:18:41.000 --> 01:18:48.480 encouraging a living wage of $11 I mean that is at least mirrors Dallas 01:18:48.480 --> 01:18:52.960 right for the incentive only with consideration for a total compensation 01:18:52.960 --> 01:18:58.560 package I mean we measure you know of course we have to measure French so I 01:18:58.560 --> 01:19:02.920 could tell you what a total compensation package is but depending on how any CFO 01:19:02.920 --> 01:19:08.720 at any given company measures wage and French they may not be able to evaluate 01:19:08.720 --> 01:19:11.840 that so but you know right we're each writing that in as a consideration 01:19:11.840 --> 01:19:16.160 there's my suggestion 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 01:19:29.440 --> 01:19:34.240 San Antonio's using Department of Health and Human Services and then Edinburgh 01:19:34.240 --> 01:19:39.980 was 15 so it's that range from 11 01:19:39.980 --> 01:19:51.760 thank you so the proposed language is to encourage a living wage for all 01:19:51.760 --> 01:20:02.960 employees $11 based on Dallas so now based on San Antonio that we have 01:20:02.960 --> 01:20:08.080 comparable data for and they were using MIT it was a different year because 01:20:08.080 --> 01:20:13.360 they were adopted on a prior and these were just the most current that was 01:20:13.360 --> 01:20:22.840 available for each of these tables counseling any feedback on that I I'm 01:20:22.840 --> 01:20:27.000 going to refrain from offering feedback on a number because again I'll get I'll 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 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 01:20:36.040 --> 01:20:39.400 your unvarnished opinion about that number because that's going to be the 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 01:20:43.800 --> 01:20:52.820 have a proposal conversation around it okay we can take it to vote then can we 01:20:52.820 --> 01:20:57.720 also can I get direction on the makes is everyone okay with the two additional 01:20:57.720 --> 01:21:02.900 creative makes the council because we can support that as well in the motion 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 01:21:25.520 --> 01:21:30.640 comparing to San Antonio like the Dallas area may better so if we can just adjust 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 01:21:44.760 --> 01:21:49.680 is that 20 they were they were citing MIT but it was an earlier version of 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 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 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 01:22:09.320 --> 01:22:14.880 based upon two-year-old data which has probably been increased at least three 01:22:14.880 --> 01:22:18.160 or four percent here it's like six percent over two years minimum or maybe 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 01:22:30.160 --> 01:22:34.520 children right because I think that this is starting at right in your feet wet 01:22:34.520 --> 01:22:43.560 growing person in the organization that's the lowest paid person makes 01:22:43.560 --> 01:22:49.440 whatever this number is and you're eligible for the points you know some 01:22:49.440 --> 01:22:55.760 points and that's total compensation the way it's written is is just wage 01:22:55.760 --> 01:23:00.040 encourage a living wage for all employees new product new jobs earn an 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 01:23:07.520 --> 01:23:12.720 just said that another number then it would not be total compensation it would 01:23:12.720 --> 01:23:18.080 just be hourly wage or annual base the closest on living wage would be to 01:23:18.080 --> 01:23:25.360 adult zero children at 1132 to Dallas is 1219 we also have 1260 popping up a 01:23:25.360 --> 01:23:30.600 couple times here two adults with two children on the poverty wage and one 01:23:30.600 --> 01:23:37.360 adult with three children so just for the record since we are required I'm not 01:23:37.360 --> 01:23:41.440 saying that I believe that there should be less wages I'm just saying from the 01:23:41.440 --> 01:23:45.360 incentive perspective I would hate for it to be an infuriating factor I don't 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 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 01:23:59.640 --> 01:24:04.600 range maybe the range is between minimum wage in the living wage and the points 01:24:04.600 --> 01:24:13.200 based off of that there's ten points available in that category yes between 01:24:13.200 --> 01:24:18.560 the minimum and the living as just a thought the closer you get to whatever 01:24:18.560 --> 01:24:25.320 that MIT living wages that year the more points you get maybe because it should 01:24:25.320 --> 01:24:29.720 fluctuate from year to year right we don't even know the most for 01:24:29.720 --> 01:24:35.520 information so yeah dollar well this is the most current information available I 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 01:24:39.760 --> 01:24:44.240 of these data tables are current information taken from their website 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 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 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 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 01:25:05.280 --> 01:25:12.400 sure right it was a number of council members suggested yeah that's why we 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 01:25:30.240 --> 01:25:43.960 conversation I'm hearing a range between 725 and then Dallas is 1219 I also heard 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 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 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 01:26:01.040 --> 01:26:07.400 which one is relevant to what would represent what we want in this community 01:26:07.400 --> 01:26:12.640 all right what would we want for the lowest weight of the organization right 01:26:12.640 --> 01:26:19.280 yes what yeah it's a recommended if you do the range make make a recommendation 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 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 01:26:33.240 --> 01:26:38.400 the ceiling or the what the aspirational what we want you to approach to get your 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 01:26:46.520 --> 01:26:51.520 that's the one that we think is best fits the profile of our lowest wage 01:26:51.520 --> 01:26:56.360 earner in the organization or an organization that we'd want to insect 01:26:56.360 --> 01:27:00.640 I mean I kind of like the language of picking one of these labels rather than 01:27:00.640 --> 01:27:05.520 picking a dollar amount so between minimum wage and poverty wage and then 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 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 01:27:17.960 --> 01:27:27.600 hard number to say this is what I mean allows it to update if minimum wage 01:27:27.600 --> 01:27:33.080 updates right exactly you have to be that would be my argument and that's as 01:27:33.080 --> 01:27:38.840 MIT updates on an annual basis it's so then you're not talking about dated 01:27:38.840 --> 01:27:46.600 information like from Dallas so he used those and the point range days with 01:27:46.600 --> 01:27:51.880 whatever that definition is yeah I think it would be awkward this is probably 01:27:51.880 --> 01:27:57.760 semantics but we're talking about living wage and then we have minimum wage tied 01:27:57.760 --> 01:28:07.280 into it and minimum wage is identified as less than poverty on some of this 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 01:28:27.280 --> 01:28:37.520 be a motion to recommend the council this policy with the change to the 01:28:37.520 --> 01:29:06.560 matrix which which which box on the matrix is the bottom well the bottom 01:29:06.560 --> 01:29:12.040 sounds like a minimum wage no no I say the worker 01:29:12.040 --> 01:29:20.560 worker and again I go back to church hypothetical long-term experience young 01:29:20.560 --> 01:29:29.720 single-adult coming in we're trying to target right for that worker because we 01:29:29.720 --> 01:29:34.000 already got a space for the other one right for higher wages or whatever right 01:29:34.000 --> 01:29:46.000 experience right so we've utilized that as well so is this an entry-level worker 01:29:46.000 --> 01:29:51.200 it's whatever the whatever the lowest paid lowest paid a person the organ 01:29:51.200 --> 01:29:58.560 which is my idea is this single person demographic no yeah single person no 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 01:30:04.480 --> 01:30:10.160 adult zero children yeah I got your entry-level person that this is trying 01:30:10.160 --> 01:30:15.360 to target and what their wage is you're the other parties were you're having 01:30:15.360 --> 01:30:19.040 discussion point over something that I could be points for the matrix yeah I 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 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 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 01:30:34.280 --> 01:30:37.560 points when you get at this at this threshold I mean anything below that 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 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 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 01:30:56.160 --> 01:31:07.160 know we're talking one line I do think the the comment around this being 01:31:07.160 --> 01:31:11.800 something you don't have to revisit you could just make reference to the table 01:31:11.800 --> 01:31:22.200 rather than to a dollar amount so we could say working zero children to 01:31:22.200 --> 01:31:29.940 working three children as the range and you still have the dollar doesn't mean 01:31:29.940 --> 01:31:35.840 that you just have to reference right our matrix to get what the dollar is so 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 01:31:39.640 --> 01:31:43.880 basically your bottom part might be you want to be living wage me that's what 01:31:43.880 --> 01:31:49.640 the rest of the document says right yes so your point might be one adult zero 01:31:49.640 --> 01:31:55.040 children living wage is didn't be considered for points which were maybe 01:31:55.040 --> 01:32:05.720 zero or one right all the way to two adults two children in 1931 we're 01:32:05.720 --> 01:32:09.360 currently right so it's just one adult zero children to two adults two children 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 01:32:21.800 --> 01:32:25.520 hearing you correctly the zero child living wage to the two adults both 01:32:25.520 --> 01:32:32.400 working two children that's in both okay but I think you mentioned the numbers 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 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 01:32:42.360 --> 01:32:48.240 B whatever the matrix is for any given unit it's referencing the tool and not 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 01:33:16.240 --> 01:33:31.880 we approve this policy with changes to the matrix referencing MIT living wage 01:33:31.880 --> 01:33:38.720 calculator as a range of one adult living with one adult zero children 01:33:38.720 --> 01:33:52.480 living wage to two adults two children living with yes and yes all right okay I 01:33:52.480 --> 01:34:12.720 just proposed so really you're saying 14.01 to 3075 two adults if you're 01:34:12.720 --> 01:34:16.840 looking at it does say two adults two children with only one of them working 01:34:16.840 --> 01:34:27.840 both working we got two adults both working two children motion or second 01:34:27.840 --> 01:34:42.520 second Jimmy all right any other discussion answers no all right all of 01:34:42.520 --> 01:34:48.720 all in favor say aye any opposed hearing done that's what we'll take 01:34:48.720 --> 01:34:55.360 forward that was easy that was good that's what the group is for that was 01:34:55.360 --> 01:35:10.080 good conversation that was good feedback and advice and real all right any other 01:35:10.080 --> 01:35:19.360 agenda items to be brought forward Erica for our you need interest of time I 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 01:35:24.760 --> 01:35:43.160 US aviation next month okay any other from the group all right if you can you 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 01:35:54.880 --> 01:36:00.280 your patience this meeting is adjourned