WEBVTT 00:00:00.000 --> 00:00:06.620 Hello everyone welcome to the sustainability framework advisory 00:00:06.620 --> 00:00:13.740 committee it is March 24th and 102 we are in the City Council work session room 00:00:13.740 --> 00:00:20.740 and we do have a quorum today. I do want to wish Adam a happy birthday. We will go 00:00:20.740 --> 00:00:24.660 ahead and get started for items for individual consideration item a 00:00:24.660 --> 00:00:29.260 committee members will draw straws to determine one year and two year 00:00:29.260 --> 00:00:34.880 membership terms. Catherine if you want to kind of go over why we're doing this 00:00:34.880 --> 00:00:41.480 before we get started. So this is just part of the establishing ordinance for 00:00:41.480 --> 00:00:47.320 the committee to set the inaugural terms we're kind of long in the process to be 00:00:47.320 --> 00:00:52.200 setting the inaugural but this is where we are so these will be to set the two 00:00:52.200 --> 00:00:58.400 year terms and one year term so there will be four two-year terms and three 00:00:58.400 --> 00:01:03.960 one-year terms whatever we draw straws so whichever straw isn't drawn would be 00:01:03.960 --> 00:01:10.880 the leftover would be for the vacancy. Okay all right so you're gonna walk 00:01:10.880 --> 00:01:19.520 around and we just draw them. Take one pass around whichever. Well we can do 00:01:19.520 --> 00:01:41.000 whatever we can make it random. There you go and then there's one leftover so 00:01:41.000 --> 00:02:06.240 the the short straws would be the two-year term. Okay so Mr. Stevens and 00:02:06.240 --> 00:02:24.720 Adam are long. Yes, long straws. Got it. Okay. Sasha will you make a note of that? Long straw equals long term. And the absence seat is? It would be the one-year term. Okay thank you. So the 00:02:24.720 --> 00:02:35.760 interpretation of long straws for the longer term is four years? Six years. The long straw is one year and the short straw is two years. 00:02:35.760 --> 00:03:00.040 Is that what you said? Yes. Okay fine. Or is that not? That's correct. Yes. You're gonna reuse it? Yeah. All right so are we good on that item? We are. Okay thank you 00:03:00.040 --> 00:03:05.600 everybody and we will move on to item B consider approval of the February 24th 00:03:05.600 --> 00:03:13.320 20-23 minutes. Anyone have a clarification for that or is everybody okay with the 00:03:13.320 --> 00:03:26.560 minutes from that day? Good all right I have a motion to approve. Bren? Second. All right Paul? All in favor? All right. 00:03:26.560 --> 00:03:31.800 Minutes are approved. Now we'll go to item C receive a report and hold a 00:03:31.800 --> 00:03:37.560 discussion regarding economic, statistical, trends, real estate, growth 00:03:37.560 --> 00:03:55.080 projections, and implementation of the economic development strategic plan. Good 00:03:55.080 --> 00:04:00.520 afternoon. Wayne Emerson director of economic development. Thank you for 00:04:00.520 --> 00:04:05.800 having me here. Before I dive in here I'll just give you a brief rundown of 00:04:05.800 --> 00:04:11.400 myself. So I'm relatively new here to the city. Not yet a year. I have not met any 00:04:11.400 --> 00:04:17.000 of you I think other than Mr. Meltzer. But I come to you from the city of Dallas 00:04:17.000 --> 00:04:24.000 where I work in the redevelopment section of economic development. Before that I 00:04:24.000 --> 00:04:29.160 was with the Allen Economic Development Corporation as a research analyst. And 00:04:29.160 --> 00:04:35.440 then before all that I was a teacher of economics and geography and public 00:04:35.440 --> 00:04:40.360 affairs officer in the United States Army. So that's been my background kind of 00:04:40.360 --> 00:04:45.920 done a lot of things but I'm happy to be here in Denton. I'm a UNT alumni. So I've 00:04:45.920 --> 00:04:52.880 studied history here at my undergrad and then got my MBA at UT Austin. That's my 00:04:52.880 --> 00:04:57.480 background so thank you for having me. All right I'll dive in here. So I have a 00:04:57.480 --> 00:05:03.960 presentation but just like my background in teaching feel free at any moment if 00:05:03.960 --> 00:05:09.480 something confuses you, piques your interest. If you have a question please don't 00:05:09.480 --> 00:05:14.840 hesitate to interrupt and ask that question. I'll be happy to do my best to 00:05:14.840 --> 00:05:20.200 answer it for you. Okay today I'm just going to do a bit of an economic 00:05:20.200 --> 00:05:27.080 overview of the city. What we do here in economic development. Take a brief dive 00:05:27.080 --> 00:05:33.000 into the Street strategic plan. Take a look at how that strategic plan has 00:05:33.000 --> 00:05:37.840 implemented some sustainabilities. And then actually I don't know if we have 00:05:37.840 --> 00:05:45.520 return on this in this presentation but we'll see. Okay so what is economic 00:05:45.520 --> 00:05:51.220 development? Number one we want to expand on Denton's economy through the 00:05:51.220 --> 00:05:55.680 location of new businesses and then the retention and expansion of current 00:05:55.680 --> 00:06:03.000 businesses. We want to foster Denton's thriving culture, business technology and 00:06:03.000 --> 00:06:08.000 specifically that artistic and innovation that I think it's known for. 00:06:08.000 --> 00:06:13.800 And then we wanted to attract develop and retain skilled and talented workers 00:06:13.800 --> 00:06:18.600 to support not only our existing businesses but any future businesses we 00:06:18.600 --> 00:06:22.800 have. And then of course building relationships with our businesses and 00:06:22.800 --> 00:06:28.600 residents through outreach, education, engagement. Helping businesses navigate 00:06:28.600 --> 00:06:38.400 and be a liaison to the city. So this is kind of the ecosystem if you will that 00:06:38.400 --> 00:06:43.480 we kind of interact in. So one of our primary partners that we're going to see 00:06:43.480 --> 00:06:47.680 is the Chamber of Commerce, the Denton Main Street Association. We have 00:06:47.680 --> 00:06:55.120 partnerships with our local universities at UNT, TWU. We also have a strong 00:06:55.120 --> 00:07:01.120 partnership with Denton County. Stoke Denton, this is our kind of entrepreneurship 00:07:01.120 --> 00:07:06.800 hub. And then Workforce Solutions is kind of really where we do a lot of our 00:07:06.800 --> 00:07:14.840 workforce development. So this is the partnership that I was alluding to with 00:07:14.840 --> 00:07:18.640 the Denton Chamber of Commerce. So here in the city we have the Economic 00:07:18.640 --> 00:07:23.960 Development Department. And then the chamber has their organization and 00:07:23.960 --> 00:07:27.680 really what we do is we come together which we call the Economic Development 00:07:27.680 --> 00:07:33.200 Partnership. And the way that, do we have a slide for that? No I'll go back. So I'll 00:07:33.200 --> 00:07:39.080 kind of explain how that works is we kind of have shared relationships. The EEP 00:07:39.080 --> 00:07:44.600 is kind of out front and really looking on the business attraction side. They do 00:07:44.600 --> 00:07:50.560 some some business retention with us. And then on the city side we're really more 00:07:50.560 --> 00:08:02.760 focused on policy implementation, research, and financial incentives. So 00:08:02.760 --> 00:08:08.560 what do we do? So we're assisting the existing businesses. So particularly you 00:08:08.560 --> 00:08:12.920 know downtown you have challenges down there for a lot of our businesses. You've 00:08:12.920 --> 00:08:18.320 got construction projects of those natures. So we're out there communicating, 00:08:18.320 --> 00:08:21.920 letting businesses know what's happening. Assisting them if they're having 00:08:21.920 --> 00:08:28.040 trouble with permits, construction, all those types of things. Our partners over at 00:08:28.040 --> 00:08:35.960 the EEP are attracting new businesses to come to the city. We help startups 00:08:35.960 --> 00:08:44.360 through Stoke. We have one particular program there that it's part of their 00:08:44.360 --> 00:08:50.360 co-working. We've incentivized a group called Team of Defenders as a direct 00:08:50.360 --> 00:09:00.360 result of our our starter program them out of Stoke. So we'll take a look at our 00:09:00.360 --> 00:09:06.880 strategic plan. So the strategic plan identified three main goals when this 00:09:06.880 --> 00:09:13.560 was adopted in 2021. So this was just in the height of COVID-19. So the first one 00:09:13.560 --> 00:09:20.640 was accelerate recovery. Really this is today we're not where we were at that 00:09:20.640 --> 00:09:26.400 time but this is really basically our BRE program because really a lot of 00:09:26.400 --> 00:09:32.340 stuff we were doing is assisting those businesses. So our main goal and as it 00:09:32.340 --> 00:09:36.400 stated here is accelerate recovery out of the pandemic. We're still facing 00:09:36.400 --> 00:09:40.920 problems from the pandemic. It's a little bit different. Right now I would tell you 00:09:40.920 --> 00:09:46.480 that what our businesses are struggling with is getting enough employees to run 00:09:46.480 --> 00:09:51.720 those businesses. The second goal is to foster growth. So our first one's about 00:09:51.720 --> 00:09:55.800 keeping our first our businesses that we have here. The second one is about 00:09:55.800 --> 00:10:01.720 attracting more businesses into the city. And then our third is strengthening 00:10:01.720 --> 00:10:06.240 community inclusion. So to make sure that as our economy grows that we do so 00:10:06.240 --> 00:10:15.280 inclusively and that everyone is growing with us. So the strategic plan identified 00:10:15.280 --> 00:10:22.520 four strategic areas we call them. The first one being connectivity. So DIT is a 00:10:22.520 --> 00:10:28.800 transportation and logistics hub. We're strategically located at the split of I-35 00:10:28.800 --> 00:10:34.280 where it goes east to Dallas and west to Fort Worth. And then we have great 00:10:34.280 --> 00:10:39.520 access from 35 on to Austin and San Antonio to the south and of course up 00:10:39.520 --> 00:10:45.520 north that links up with Oklahoma City. So there is strong interest from a 00:10:45.520 --> 00:10:50.640 logistics and transportation hub to locate in the city of Denton. And I'll 00:10:50.640 --> 00:10:53.760 have some data here that you can you can kind of see that that interest is 00:10:53.760 --> 00:11:00.400 pretty high. And so the strategy here is we want to obviously support some of our 00:11:00.400 --> 00:11:06.520 businesses such as Peterville which is kind of two-fold than that. Not only they 00:11:06.520 --> 00:11:10.680 manufacture the trucks that are doing a lot of this logistics but they're also a 00:11:10.680 --> 00:11:16.400 major manufacturer as well. So we want to continue and attract new investment in 00:11:16.400 --> 00:11:23.080 that area. And I don't have any data in this this one but I can tell you I'll 00:11:23.080 --> 00:11:29.000 just go ahead and tell you right now. We have strong demand so we just did when I 00:11:29.000 --> 00:11:34.280 first came into the city I did an analysis of our industrial class A 00:11:34.280 --> 00:11:40.080 product and our vacancy was virtually zero. So it was at 3% which is 00:11:40.080 --> 00:11:45.440 essentially zero. Whereas if you look at the broader DFW Metroplex that number is 00:11:45.440 --> 00:11:51.880 probably closer to 12 to 15 percent. Now just recently that vacancy spiked to 00:11:51.880 --> 00:11:58.720 about 27 percent and that's because we had a 1 million square foot facility 00:11:58.720 --> 00:12:04.880 just just come online last week. So typically you know people always kind of 00:12:04.880 --> 00:12:10.960 associate vacancy as bad but in this case this is an opportunistic vacancy. 00:12:10.960 --> 00:12:16.680 This was vacancy that was not there prior and so if you can imagine if let's 00:12:16.680 --> 00:12:22.160 say our businesses were traveling down I-35 before the sign said no vacancy and 00:12:22.160 --> 00:12:26.960 so those businesses just passed it and right on by. But now we have vacancies so 00:12:26.960 --> 00:12:33.120 we're in a prime position to attract more of those and then after that we're 00:12:33.120 --> 00:12:39.840 expecting I think something about another 3 million of industrial product 00:12:39.840 --> 00:12:44.680 to come online within the next two years. So we'll definitely have more product 00:12:44.680 --> 00:12:49.320 available and we'll want to attract more of those businesses to get that in. 00:12:49.320 --> 00:12:55.920 I have a question. Is that 3 million square feet? 3 million square feet yep. 00:12:55.920 --> 00:13:03.440 And that's coming when? About two years. It's hard to predict but the last I saw 00:13:03.440 --> 00:13:07.720 is that we have that either under construction or planned. And these are 00:13:07.720 --> 00:13:12.400 warehouses? Correct or could be warehouses could be cold storage it's 00:13:12.400 --> 00:13:20.680 just in the Class A industrial piece but the type of Class A isn't that when not 00:13:20.680 --> 00:13:24.280 only think about warehouses in the past this can be usually converted to high 00:13:24.280 --> 00:13:29.000 tech manufacturing it could be distribution but it is a the type of 00:13:29.000 --> 00:13:33.920 facilities that are come on are much different than the warehouses of old so 00:13:33.920 --> 00:13:39.040 they're you know. Are they flat roofed? Yes yeah I would say so so they they 00:13:39.040 --> 00:13:43.960 typically have about 30 foot clear height so that they can you know 00:13:43.960 --> 00:13:46.840 adjustable for whatever kind of operations are going to be in there. Thank 00:13:46.840 --> 00:13:51.720 you. I would just say all right my question is so this is a sustainability 00:13:51.720 --> 00:13:57.600 committee and when we hear industrial we think like heavy polluters so how how 00:13:57.600 --> 00:14:02.240 would that do you do you think that offsets we think high energy users heavy 00:14:02.240 --> 00:14:04.920 polluters is that what we're talking about here are we talking about 00:14:04.920 --> 00:14:10.120 something different? Well I think so we have zoning in the city and so I don't 00:14:10.120 --> 00:14:13.960 think any of this is zone for heavy industrial this is all zone for light 00:14:13.960 --> 00:14:18.120 industrial and so you have pretty much what's called clean manufacturing as 00:14:18.120 --> 00:14:24.480 well so I don't know the particular zoning of that but this is just a 00:14:24.480 --> 00:14:29.360 presentation on the economic development strategic plan and there will be all 00:14:29.360 --> 00:14:35.160 spoiler alert our last strategic area is focused on sustainability so we'll have 00:14:35.160 --> 00:14:47.040 we'll highlight on that. Okay our second area our target area is creativity so 00:14:47.040 --> 00:14:51.920 hopefully as you all know we have a very unique culture it's driven by 00:14:51.920 --> 00:14:56.000 entrepreneurship and the creative community so when you have that you've 00:14:56.000 --> 00:15:01.720 got some good vibes that these startups like to play off the city it gives a 00:15:01.720 --> 00:15:07.520 lot of energy so one of our things is we've actually done this already I've 00:15:07.520 --> 00:15:11.560 talked about a stove we've launched our accelerator support these growing 00:15:11.560 --> 00:15:17.000 existing companies and then really we want to promote our creative brand so 00:15:17.000 --> 00:15:22.760 doing anything we can to maintain that culture and promote that to kind of 00:15:22.760 --> 00:15:27.680 recruit a lot of these growing startups in the DFW region because there's a lot 00:15:27.680 --> 00:15:35.560 of startup capital that is flowing to DFW. Our third strategic area is 00:15:35.560 --> 00:15:42.600 competitiveness so this is really kind of more focused on our development piece 00:15:42.600 --> 00:15:49.080 is making sure as I said before if for businesses and you know cities are 00:15:49.080 --> 00:15:52.960 really nothing but collections of people all right and people need places to go 00:15:52.960 --> 00:15:57.880 and they need places to work so if you don't have places for people to live you 00:15:57.880 --> 00:16:01.000 don't have people in your city and if you don't have places for people to work 00:16:01.000 --> 00:16:05.600 you don't have or for places you don't have places for people to work they 00:16:05.600 --> 00:16:10.440 can't work there right so being competitive means that we we have 00:16:10.440 --> 00:16:16.480 development for a city to give our citizens an opportunity to work and then 00:16:16.480 --> 00:16:23.700 lastly is our oh yes is that is that still true is the office space market 00:16:23.700 --> 00:16:29.040 coming back kind of cratered for a while didn't it it depends so what we're 00:16:29.040 --> 00:16:33.840 looking at is what it's called flight to quality and so certainly there are jobs 00:16:33.840 --> 00:16:39.680 that you if you're a manufacturer can work from home right you get you got to 00:16:39.680 --> 00:16:43.360 kind of be there you got to be on the line to make that product if you're a 00:16:43.360 --> 00:16:49.000 white-collar worker some of those jobs can be done at home but what we're 00:16:49.000 --> 00:16:56.320 seeing is especially in DFW if you're an office and you're highly amenities your 00:16:56.320 --> 00:17:03.960 class a and you're located in a walkable mixed-use district and people want to be 00:17:03.960 --> 00:17:10.320 there people work there if you're in a office building and you're off a highway 00:17:10.320 --> 00:17:15.560 and you're in a sea of parking lot and there's no place to walk or eat they're 00:17:15.560 --> 00:17:22.560 struggling right so it's kind of this the ship the flights of quality and 00:17:22.560 --> 00:17:29.000 we're seeing it and so if you look you look at places like legacy West the 00:17:29.000 --> 00:17:34.520 Frisco South Frisco area the star area the amount of office space is absolutely 00:17:34.520 --> 00:17:42.800 exploding Los Colinas there there have high occupancy uptown downtown Dallas is 00:17:42.800 --> 00:17:48.400 seeing resurgence equality is walkable walkable play yeah amenity base right so 00:17:48.400 --> 00:17:52.560 it could be could be lots of things but generally yeah the walkability is is key 00:17:52.560 --> 00:17:57.360 there and just even here our Wells Fargo building is is not the most beautiful 00:17:57.360 --> 00:18:04.240 building but it is nearly fully occupied at this moment because you know our 00:18:04.240 --> 00:18:13.280 our downtown is a great amenity okay sustainability so this is our fourth 00:18:13.280 --> 00:18:19.320 target area so major strategies that we're looking to do here is integrate 00:18:19.320 --> 00:18:23.200 some of our economic development efforts and incentives into sustainability plan 00:18:23.200 --> 00:18:27.680 and we we've done that to some extent and I will I will show that to you we 00:18:27.680 --> 00:18:31.520 want to target some environmentally conscious businesses for attraction and 00:18:31.520 --> 00:18:38.520 recruitment one of these strategies is adopting the SDGs the sustainable 00:18:38.520 --> 00:18:43.400 development goals and then incorporate some sustainability efforts into our 00:18:43.400 --> 00:18:51.760 marketing materials oh and this is I this is ours some of the things we've done 00:18:51.760 --> 00:18:56.240 strategically some of our strategic implementations I'll go back to the 00:18:56.240 --> 00:19:00.680 sustainability piece in just a second so the big thing that we did when I first 00:19:00.680 --> 00:19:06.000 came on is established the Denton Catalyst Fund without getting too in the 00:19:06.000 --> 00:19:09.120 weeds on this essentially this is a little different than the way we've 00:19:09.120 --> 00:19:14.680 incentivized projects in the past in the past all of our incentives sort of came 00:19:14.680 --> 00:19:20.160 in on the back end of projects which doesn't really move the needle for 00:19:20.160 --> 00:19:27.760 startups and projects that that are having facing cost of capital issues it's 00:19:27.760 --> 00:19:31.480 really kind of shows up on the back end whereas a catalyst fund kind of can kind 00:19:31.480 --> 00:19:36.520 of help some of these startups these smaller businesses that face financing 00:19:36.520 --> 00:19:40.800 in the traditional sectors the catalyst fund can kind of help us get through 00:19:40.800 --> 00:19:49.040 that we also updated our infrastructure financing policy with our utility line 00:19:49.040 --> 00:19:54.120 fund which included mixed-use development so before mixed-use development was not 00:19:54.120 --> 00:19:59.520 eligible so really trying to get some more of that walkability in there we did 00:19:59.520 --> 00:20:03.800 a rewrite of the tax abatement and our incentive which is our technically our 00:20:03.800 --> 00:20:07.880 caller 380 policy which you'll see here in a second but implementing some of 00:20:07.880 --> 00:20:13.240 these target areas and to make sure that our incentives are aligned there and then 00:20:13.240 --> 00:20:18.080 of course the tech and entrepreneurship program so that I've mentioned multiple 00:20:18.080 --> 00:20:24.000 times so this is some of the things we've already implemented here I'll 00:20:24.000 --> 00:20:30.000 let you just your eyes kind of gaze over that for a little bit I'll point out 00:20:30.000 --> 00:20:37.460 some of our own here so we're marketing didn't sustainability is a business 00:20:37.460 --> 00:20:42.080 advantage we're targeting some environmentally conscious businesses and 00:20:42.080 --> 00:20:46.560 let me just kind of show you through here how we're doing that so this is 00:20:46.560 --> 00:20:56.160 some just general economic numbers so you can see our unemployment rate is 00:20:56.160 --> 00:21:01.200 super low so this goes back to what I was talking about one of the greatest 00:21:01.200 --> 00:21:05.640 challenges our business are having is they're just not enough employees right 00:21:05.640 --> 00:21:10.500 so what's the healthy number I don't know back when I was like in school they 00:21:10.500 --> 00:21:16.640 said five percent was a healthy low unemployment but I think over the past 00:21:16.640 --> 00:21:23.220 years it's been you know much closer to you know three four percent and so I 00:21:23.220 --> 00:21:30.920 know we are a historically low unemployment rates sales tax collections 00:21:30.920 --> 00:21:36.960 have been up in 2021 I think a lot of that might have been inflation driven 00:21:36.960 --> 00:21:42.040 but we're we're doing well our sales tax have grown and we're recovering from 00:21:42.040 --> 00:21:52.000 the pandemic go back I can go back yeah yeah just like checking in that as I 00:21:52.000 --> 00:21:58.080 recall in the past pre-pandemic debt and unemployment rate was also low lower 00:21:58.080 --> 00:22:01.520 than the rest of the state which is lower than the rest of the country but 00:22:01.520 --> 00:22:07.000 our wages were not high mm-hmm and that the goal of economic development explicitly 00:22:07.000 --> 00:22:13.080 was to increase wages do you have any insight into where we stand on that so I 00:22:13.080 --> 00:22:20.400 know at the county level we're about 65,000 for household income I actually 00:22:20.400 --> 00:22:31.980 get you're getting it next slide maybe I heard let me see there's there's income 00:22:31.980 --> 00:22:34.580 okay I guess I was off there yes okay so all right yeah so per capita you have 00:22:34.580 --> 00:22:42.720 worth 43,000 medium families at 112 so you can kind of see you know the city 00:22:42.720 --> 00:22:47.920 lagging behind in the county there and lagging behind in the state on a per 00:22:47.920 --> 00:22:56.360 capita population growth percentage were projected to grow to about 146,000 by 00:22:56.360 --> 00:23:03.560 2025 so about a 2% I think the numbers just came out yesterday and actually 00:23:03.560 --> 00:23:09.520 this this number 2% actually I think came in closer to like 3 I think I was 00:23:09.520 --> 00:23:18.640 looking at that yesterday all right so here are some of our top employers so 00:23:18.640 --> 00:23:24.200 obviously UNT we're all well well aware of there are largest employer but there 00:23:24.200 --> 00:23:30.120 are also a our public employer Peterbilt over on the private side and then we 00:23:30.120 --> 00:23:34.880 were strong in the healthcare regions that Texas Health Presbyterian Medical 00:23:34.880 --> 00:23:41.360 City of Denton and of course Denton ISD is always the ISDs are always one of your 00:23:41.360 --> 00:23:48.560 largest public employers no matter what city you're in okay so this is an 00:23:48.560 --> 00:23:54.000 analysis I like to do this is called our employment gaps so basically what this 00:23:54.000 --> 00:24:01.760 is showing you is if we look at all of our occupations we see that in the City 00:24:01.760 --> 00:24:09.160 of Denton we have about 86,000 residents who are living in Denton and are working 00:24:09.160 --> 00:24:14.520 and then over on the left column we see these are the folks that are actually 00:24:14.520 --> 00:24:21.400 just working in Denton and so there is a gap of about 13,000 so that what that 00:24:21.400 --> 00:24:31.040 tells us is that we do not have we're exporting jobs to other cities right so 00:24:31.040 --> 00:24:36.920 doesn't necessarily mean that everyone who lives and works at all and all in 00:24:36.920 --> 00:24:41.400 the city so some of it some of it comes in some of it goes out but on a net 00:24:41.400 --> 00:24:48.560 we're exporting about 13,248 jobs and so for us this this you know represents 00:24:48.560 --> 00:24:54.080 loss and potential taxable value because folks are going to other cities to work 00:24:54.080 --> 00:24:59.520 they're they're spending their their sales tax dollars elsewhere they're 00:24:59.520 --> 00:25:04.080 driving further they're they're spending more money commuting whereas if we had 00:25:04.080 --> 00:25:08.400 more jobs here in the city they could be living closer to home and not having to 00:25:08.400 --> 00:25:17.360 go to other cities and we wouldn't have that that economic leakage so I did that 00:25:17.360 --> 00:25:22.480 this is something that I found we have some job analytics software so as I was 00:25:22.480 --> 00:25:27.920 putting this presentation together I found a job cluster called green jobs 00:25:27.920 --> 00:25:34.400 and so green jobs are defined by the US Bureau of Labor Statistics and so I'll 00:25:34.400 --> 00:25:38.800 just give you some of these examples of what's what's kind of considered green 00:25:38.800 --> 00:25:43.600 jobs once again you can see we have the same problem we have an employment gap 00:25:43.600 --> 00:25:49.640 so folks that are in green jobs they're they're getting those green jobs 00:25:49.640 --> 00:25:53.360 elsewhere right so we need to do a better job of providing them here in the 00:25:53.360 --> 00:26:01.260 city so some examples are our refuse and recycled material collectors wind 00:26:01.260 --> 00:26:08.240 turbine service technicians solar photo I don't know how to say this installers 00:26:08.240 --> 00:26:14.560 photo belt installers farmers and ranchers are actually I guess considered 00:26:14.560 --> 00:26:19.600 green jobs and that's actually our largest green job employers environmental 00:26:19.600 --> 00:26:23.840 scientists and then architectural and engineering managers are some of the 00:26:23.840 --> 00:26:31.040 examples that we have on here we're also projected to have about 20,000 total 00:26:31.040 --> 00:26:37.960 green jobs by the year 2030 so you know that's a projection and I think that's a 00:26:37.960 --> 00:26:44.720 good baseline for us to look forward as we go so if we're the goal right would 00:26:44.720 --> 00:26:48.680 be to shoot we'd want to push those projections up over 20,000 because then 00:26:48.680 --> 00:26:56.800 that means that we're actually closing that gap yes oh yeah I was just curious 00:26:56.800 --> 00:27:06.160 how important do you think that DME's green sense from renewable energy 00:27:06.160 --> 00:27:11.600 incentives how important are they where did they fit in this can you can you 00:27:11.600 --> 00:27:15.280 give me a little background the structure of them well it's people who 00:27:15.280 --> 00:27:21.440 want to get solar panels and get a significant credit from the city yeah so 00:27:21.440 --> 00:27:28.920 I I can dive into a little bit when I when I talk about pace financing but you 00:27:28.920 --> 00:27:34.840 know without looking at the numbers to me it's one of the main problems you're 00:27:34.840 --> 00:27:40.920 gonna have and I'll talk about this more with pace is you have this you know it's 00:27:40.920 --> 00:27:46.720 a cash flow issue right so typically greener sustainable things are more 00:27:46.720 --> 00:27:52.080 expensive right so there's a there's a higher on whose card first for someone 00:27:52.080 --> 00:27:58.600 who's making those investments right so if if you're if I got solar I'd be in 00:27:58.600 --> 00:28:03.480 trouble financially I'd have to pay more well currently it's so like right now my 00:28:03.480 --> 00:28:08.440 house doesn't have solar panels on it so right now I can get power but if I were 00:28:08.440 --> 00:28:12.640 to install solar panels that would that would be an extra cost and then there 00:28:12.640 --> 00:28:16.560 would be take there to take time for me to recover that cost yeah it starts 00:28:16.560 --> 00:28:22.560 making money for you anyway it's like a certificate deposit but I was just 00:28:22.560 --> 00:28:29.200 wondering if that sort of incentive was a selling point for the city I think it 00:28:29.200 --> 00:28:32.400 is thank you yeah 00:28:34.040 --> 00:28:38.720 part of this is targeting environmentally conscious businesses so I 00:28:38.720 --> 00:28:44.600 just recently got to go to Peterbilt our largest manufacturer and they are 00:28:44.600 --> 00:28:51.520 starting to produce electric vehicle trucks so right now they represent 15% 00:28:51.520 --> 00:28:57.280 of the market in the semi truck market just as you know I'm sure Tesla has 00:28:57.280 --> 00:29:01.520 pushed the whole industry we're really starting to see a tipping point with 00:29:01.520 --> 00:29:06.320 Tesla entering the market the other manufacturers were lagging but now I 00:29:06.320 --> 00:29:12.360 just read that I think 10% of all cars right now are electric vehicles and so 00:29:12.360 --> 00:29:18.280 we're starting to see that more in the truck game and so Peterbilt is looking 00:29:18.280 --> 00:29:23.080 to be a leader in that and so to me this is exciting especially when I think 00:29:23.080 --> 00:29:30.320 about attracting green jobs because a lot of our other businesses out in the 00:29:30.320 --> 00:29:34.880 manufacturing area are suppliers to Peterbilt so this is going to be a 00:29:34.880 --> 00:29:41.660 target for us is identifying the supply chain for these electric vehicles and as 00:29:41.660 --> 00:29:47.920 Peterbilt ramps up its its manufacturing of electric vehicles bringing in those 00:29:47.920 --> 00:29:55.920 employers suit to supply them leading that electrical transformation yes 00:29:55.920 --> 00:30:01.160 question I got several questions with this one targeted to this particular 00:30:01.160 --> 00:30:10.600 slide or process do we have or how are we producing those potential employees 00:30:10.600 --> 00:30:16.680 for this targeted new business or do we have any partnerships universities yes 00:30:16.680 --> 00:30:23.440 develop folks and that 13,000 you know the gap that you had mentioned how can 00:30:23.440 --> 00:30:27.920 we target these individuals or or even our young students come on I really 00:30:27.920 --> 00:30:34.400 believe that our young people are our future obviously and how can we target 00:30:34.400 --> 00:30:40.480 them I'm drawn from my own high school experience well we were targeted to get 00:30:40.480 --> 00:30:45.880 into technical school programs to learn welding and carpentry electrics I do 00:30:45.880 --> 00:30:49.120 understand markets are coming back to that kind of thing but specific to this 00:30:49.120 --> 00:30:54.560 do we have a partnership plan we're working to produce our own potential 00:30:54.560 --> 00:30:59.080 employees to get into this business yes so we obviously have partnerships with 00:30:59.080 --> 00:31:06.880 UNT and TWU NCTC is our partner as well and so that's not going to be your 00:31:06.880 --> 00:31:11.720 degree programs but maybe more so these these technical these manufacturing 00:31:11.720 --> 00:31:18.400 line folks right so really the way that that kind of works is the the education 00:31:18.400 --> 00:31:23.680 looks to know what labor is doing to what employers are doing right so 00:31:23.680 --> 00:31:30.840 they're not in the game of creating programs and educating students who can 00:31:30.840 --> 00:31:35.280 no longer have a job and so they're asking industry what is it that you need 00:31:35.280 --> 00:31:40.380 where are those gaps and then they're they're filling those gaps so the way 00:31:40.380 --> 00:31:46.320 that we get more of those types of programs into our schools is by 00:31:46.320 --> 00:31:52.840 recruiting the types of industries that require those skills it where is that 00:31:52.840 --> 00:31:57.600 document how many do we project that we would need in order to make sure Peter 00:31:57.600 --> 00:32:04.000 Bill you know is in great shape we can present to them through this process and 00:32:04.000 --> 00:32:10.280 I'm thinking part of total transparency former consultant to the workforce 00:32:10.280 --> 00:32:14.440 development for the state of Missouri okay this were some plans that we put in 00:32:14.440 --> 00:32:19.960 place to really really help protect the sustained I use that word to sustain the 00:32:19.960 --> 00:32:25.720 employers that were in the state as well as to invite and market to companies who 00:32:25.720 --> 00:32:30.120 were planning on coming we have a solid plan and we can show them the employers 00:32:30.120 --> 00:32:37.760 that is going to help meet that gap that may exist in order to sustain the 00:32:37.760 --> 00:32:41.360 company so that's what I'm looking for now yes so is that can you summarize 00:32:41.360 --> 00:32:46.880 your question is do do we have a document that it states the type of gap 00:32:46.880 --> 00:32:53.640 for for these types of jobs right now yeah pretty much starting with to start 00:32:53.640 --> 00:32:57.680 with the company and says hey you're going you know you're leaning towards you 00:32:57.680 --> 00:33:03.520 know this environmentally yes so it's a question I don't think that document 00:33:03.520 --> 00:33:08.120 exists but that's something I think we could research and look into I would 00:33:08.120 --> 00:33:13.320 really recommend that we start with the employer what does the need look like 00:33:13.320 --> 00:33:18.120 and how can we help you get there okay so that we can help to sustain the 00:33:18.120 --> 00:33:22.440 business and keep it here it didn't because the reality is companies look 00:33:22.440 --> 00:33:28.400 for educated people train people and will move cover I've seen it happen move 00:33:28.400 --> 00:33:32.600 companies out of state across state lines because there's a state right 00:33:32.600 --> 00:33:36.760 government that is willing to address that and so rather than just being this 00:33:36.760 --> 00:33:42.040 a topical overview of what we want to see I would really like to see the plan 00:33:42.040 --> 00:33:47.400 that will support that there is an end goal here we're not just stating this 00:33:47.400 --> 00:33:51.040 but we have this plan and probably have partnerships workforce development 00:33:51.040 --> 00:33:59.440 partnerships with the UNT's TWU's what do we have a plan you know that is going 00:33:59.440 --> 00:34:03.240 to put more teeth to let me put it like that you know because as I see this now 00:34:03.240 --> 00:34:07.760 it's just a presentation we'll talk about this ten years from now I believe 00:34:07.760 --> 00:34:11.840 we need a plan the further drill down what's really going on how many 00:34:11.840 --> 00:34:15.840 employers they're going to be can universities help us train develop that 00:34:15.840 --> 00:34:19.440 number of people over the next five years whatever the case would be to meet 00:34:19.440 --> 00:34:34.000 that corporate need to sustain them that business here in the community Tetra pack so Tetra pack is a 00:34:34.000 --> 00:34:41.160 pioneer and sustainable packing solutions and so my specialist who she 00:34:41.160 --> 00:34:45.280 specializes in the economic development over here Matilda she helped me with 00:34:45.280 --> 00:34:48.720 some of this presentation and she added this little line here says you may even 00:34:48.720 --> 00:34:53.800 have a Tetra pack carton in your fridge right now and I said you know I don't 00:34:53.800 --> 00:34:57.660 know about that sure enough I went home I was looking at my kids they've got 00:34:57.660 --> 00:35:02.560 these juice boxes and stuff in there turned over it was Tetra pack so you were 00:35:02.560 --> 00:35:07.680 right about that Matilda so this is a company that we they received an 00:35:07.680 --> 00:35:13.000 expansion of payment from us in 2015 and so when you think about these types of 00:35:13.000 --> 00:35:18.720 cartons right so these are more environmentally sustainable products then 00:35:18.720 --> 00:35:24.320 you know made of that paper carton instead of your plastics just a quick 00:35:24.320 --> 00:35:28.880 note on Tetra pack we didn't recycle cartons until our relationship with 00:35:28.880 --> 00:35:36.120 Tetra pack they initiated at the city didn't oh really we also we also had an 00:35:36.120 --> 00:35:42.840 open house for their solar panels that they install okay ground breaking 00:35:42.840 --> 00:35:52.600 something yeah so they have solar panel I didn't I didn't know that so the other 00:35:52.600 --> 00:36:00.640 thing that I noticed when I first came in I guess it was ten months ago is we 00:36:00.640 --> 00:36:05.040 started looking at our piece and I came around everyone told me was talking 00:36:05.040 --> 00:36:11.120 about DME said hey did you know that DME is 100% sustainable energy I said no I 00:36:11.120 --> 00:36:16.360 didn't I didn't know that and so I started googling things and apparently 00:36:16.360 --> 00:36:22.520 nobody else on the internet do that because it's you really can't find it so 00:36:22.520 --> 00:36:27.520 this is something that I want to start doing this is a big push for me as I go 00:36:27.520 --> 00:36:36.280 in to the new fiscal year is we started putting marketing putting these things 00:36:36.280 --> 00:36:40.440 on our own marketing pieces but it's really going to you know we can talk 00:36:40.440 --> 00:36:45.320 about ourselves all we want it's not so other people start talking about us that 00:36:45.320 --> 00:36:50.880 the message is really going to get through and to me this is probably the 00:36:50.880 --> 00:36:57.240 big single biggest asset we have to position ourselves to be a sustainable 00:36:57.240 --> 00:37:02.960 you know community moving forward because there are many companies that 00:37:02.960 --> 00:37:10.760 have sustainable energy into their their policies right and so what they're doing 00:37:10.760 --> 00:37:15.160 already is they're paying they got to pay to offset that energy and we're 00:37:15.160 --> 00:37:19.720 already doing that for them and so we really need to communicate that value 00:37:19.720 --> 00:37:25.680 market ourselves as a 100% percent sustainable energy city and push that 00:37:25.680 --> 00:37:30.720 out to the market so do you put it in there that we're a hundred percent 00:37:30.720 --> 00:37:38.000 sustainable by the purchase our energy of wrecks of renewable energy credits 00:37:38.000 --> 00:37:45.160 not actual energy yeah so I'm not an expert on that by any means so when I 00:37:45.160 --> 00:37:49.080 did the research because I think you're correct right is that when we flip on 00:37:49.080 --> 00:37:53.920 our switch right all the energy kind of goes into one big bucket right and kind 00:37:53.920 --> 00:37:59.680 of gets mixed up but the idea and this is just my research that I've done on it 00:37:59.680 --> 00:38:04.320 is especially out in West Texas where most of our sustainable energy is being 00:38:04.320 --> 00:38:11.720 produced if no one buys it then we don't get more of it right so someone's got to 00:38:11.720 --> 00:38:19.280 buy that energy and bring it in and Sierra Club was one place you know did 00:38:19.280 --> 00:38:23.880 a lot of my research and I said you know it's like is this really sustainable and I 00:38:23.880 --> 00:38:29.640 guess the Sierra Club thinks it is so I I assume that the energy community does 00:38:29.640 --> 00:38:34.720 and that's how we market yeah there's a bit of controversy about this because 00:38:34.720 --> 00:38:42.440 wrecks actually do not curtail fossil fuel usage and they certainly don't 00:38:42.440 --> 00:38:48.280 limit their production and it's as you say it's not like aircott has two big 00:38:48.280 --> 00:38:53.640 transmission lines one which says green energy renewable energy and the other 00:38:53.640 --> 00:39:01.760 one says fossil fuels take your choice we are dentin is burning fossil fuels 00:39:01.760 --> 00:39:08.240 works takes that so I'm just I mean just the idea what would I would think it 00:39:08.240 --> 00:39:13.040 would be important to to really take a deep look into this so if somebody does 00:39:13.040 --> 00:39:18.240 come to you and say do you have your own solar farm do you have do you have a 00:39:18.240 --> 00:39:22.120 community solar is that where it's coming from no you say no it's from 00:39:22.120 --> 00:39:29.080 renewable energy credits because there's a big difference yeah and I think I would 00:39:29.080 --> 00:39:35.240 if someone were to ask yeah I mean we were talking about this and you showed 00:39:35.240 --> 00:39:41.320 an old email that 98 percent 99 percent is from power purchasing units not 00:39:41.320 --> 00:39:48.040 renewable energy credits so that's the big difference so yeah that you keep 00:39:48.040 --> 00:39:52.880 saying that's not it's we're on I just I know we're being recorded no I get 00:39:52.880 --> 00:39:56.440 squared we're not we're not on wrecks they've got the best kind of wrecks you 00:39:56.440 --> 00:40:02.200 can buy which are bundled wrecks and through power purchase agreements I'm 00:40:02.200 --> 00:40:09.680 not arguing about that I'm just saying that dentin still is reliant on fossil 00:40:09.680 --> 00:40:17.680 fuels the aircraft grid is predominantly fossil fuel full of fossil fuels that's 00:40:17.680 --> 00:40:22.160 all I'm saying right then we're putting the equivalent amount of energy onto the 00:40:22.160 --> 00:40:28.000 grid that's green to offset our demand that would not be on that's we can talk 00:40:28.000 --> 00:40:42.200 about this all right any further okay um okay wait yep let me go back so I want 00:40:42.200 --> 00:40:48.240 to look at some of the green prospects we have so I'm creating this chart and 00:40:48.240 --> 00:40:53.560 these are the businesses that are coming to didn't right now saying hey we'd like 00:40:53.560 --> 00:40:57.600 to do business and didn't we'd like to move to didn't doesn't mean that they 00:40:57.600 --> 00:41:02.120 are coming but these are the types of businesses we're recruiting so I think I 00:41:02.120 --> 00:41:07.800 want to look at this first chart and you can see my eyes are kind of messed up 00:41:07.800 --> 00:41:12.040 here but that's purple which is are connected right so this is these 00:41:12.040 --> 00:41:18.320 industries they're related to us being a strategic logistic and transportation hub 00:41:18.320 --> 00:41:23.360 and then these are all of our other areas so as you can see it's really not 00:41:23.360 --> 00:41:29.600 even close as to what the market thinks of did define what we're saying is a 00:41:29.600 --> 00:41:33.400 prospect are those businesses who are committed to developing here are there 00:41:33.400 --> 00:41:38.380 people who you approach so they approach you um it's a little bit of both so we 00:41:38.380 --> 00:41:45.160 have you know when you look at the you know that businesses that are looking at 00:41:45.160 --> 00:41:48.440 it right those leads come through various places come from site selectors 00:41:48.440 --> 00:41:55.160 they come from brokers they come from the regional chambers it could be direct 00:41:55.160 --> 00:41:59.540 you know an actual business calling up so it could come from a multitude of 00:41:59.540 --> 00:42:05.000 channels and it doesn't mean that they are saying yes we want to be in didn't 00:42:05.000 --> 00:42:10.920 they're saying hey we're looking at it right so that the goal is right I would 00:42:10.920 --> 00:42:16.360 like for every single one of these prospects I want to convert them all 00:42:16.360 --> 00:42:20.840 right probably not going to happen the reality is is maybe we convert five 00:42:20.840 --> 00:42:25.480 percent you know five out of a hundred of every prostate is actually going to 00:42:25.480 --> 00:42:29.720 come to us because generally the way it looks is first they want to you know 00:42:29.720 --> 00:42:34.360 decide a broader market so if they're talking to us they're probably talking 00:42:34.360 --> 00:42:41.600 to quite a few other cities in DFW and then our job right is to give our value 00:42:41.600 --> 00:42:48.080 proposition to why they should choose Denton over any other city in DFW 00:42:48.080 --> 00:42:52.800 yeah so part of our charges is the resiliency aspect of both like 00:42:52.800 --> 00:42:58.220 development and also like urban form and the physical conditions of how people 00:42:58.220 --> 00:43:03.480 live in town and so I guess since all four of these categories are goals for 00:43:03.480 --> 00:43:09.400 your department do you see this breakdown as something to keep pursuing 00:43:09.400 --> 00:43:13.040 and I know that you don't get to select who comes to you or necessarily who you 00:43:13.040 --> 00:43:17.020 can talk to but with this sort of really uneven distribution of the types of 00:43:17.020 --> 00:43:22.400 sectors or these different subcategories you've defined that are interested in 00:43:22.400 --> 00:43:26.320 developing here do you see that as kind of a long-term problem that we seem to 00:43:26.320 --> 00:43:31.240 be kind of clustering into one of those sectors you've defined so what this 00:43:31.240 --> 00:43:38.800 tells me is that when I look at recruitment and attraction this tells me 00:43:38.800 --> 00:43:44.680 I don't need to spend a lot of my staff time or a lot of my efforts into this 00:43:44.680 --> 00:43:51.200 right because I think there's just we have natural geographic competitive 00:43:51.200 --> 00:43:56.520 advantage in this area so when I'm trying to push the needle when I'm trying 00:43:56.520 --> 00:44:02.600 to look at how how what are the things that you know when we look at incentives 00:44:02.600 --> 00:44:07.040 right because what is an incentive it's I'm going to give you an incentive to do 00:44:07.040 --> 00:44:12.720 what I want right the development I want the jobs that we want right the city and 00:44:12.720 --> 00:44:17.640 then the City Council wants when I don't get this type of data and I go back to 00:44:17.640 --> 00:44:22.600 even I told you about the industrial piece our vacancies near zero so what 00:44:22.600 --> 00:44:28.040 does that mean if it gets built people come right now we still want to market 00:44:28.040 --> 00:44:32.440 that we want to do that but I don't think we need to focus all of our 00:44:32.440 --> 00:44:43.600 efforts strongly this here this tells me hey these are the areas that my me and my 00:44:43.600 --> 00:44:47.520 staff should really be taking a look at because these are the ones that need the 00:44:47.520 --> 00:44:51.240 most help with this is the ones we don't necessarily have the greatest competitive 00:44:51.240 --> 00:44:56.760 advantage but I go back to you know our lively discussion we just had and to me 00:44:56.760 --> 00:45:02.200 that is the single not we're the only city not just in DFW but in the state of 00:45:02.200 --> 00:45:08.280 Texas that they can make that contested claim right so Georgetown at one time I 00:45:08.280 --> 00:45:12.880 think they were the first but then there I think their futures contracts or 00:45:12.880 --> 00:45:17.120 something blew up on them and they can no longer make that claim so to my 00:45:17.120 --> 00:45:22.040 knowledge we're the only one they can right so to me when I think of resources 00:45:22.040 --> 00:45:27.320 if I want to put some resources in the marketing I want to put it here when I 00:45:27.320 --> 00:45:32.760 want to think about creative I want to preserve the culture I want to think 00:45:32.760 --> 00:45:38.000 about like downtown didn't I want to put my focuses there right I don't you know 00:45:38.000 --> 00:45:42.480 to some extent it takes care of itself over on the other side of the freeway 00:45:42.480 --> 00:45:49.120 and then competitive is really just going back to our our development stock 00:45:49.120 --> 00:45:54.600 right same thing if we don't have any buildings from for people to work then 00:45:54.600 --> 00:45:57.640 they're not going to come so making sure that we're getting those types of 00:45:57.640 --> 00:46:03.120 things just as a reflection number of businesses not necessarily number of 00:46:03.120 --> 00:46:07.280 employees or dollars invested and so I get this is just like one way to present 00:46:07.280 --> 00:46:10.920 what you're looking at but I appreciate your feedback on that so you're saying 00:46:10.920 --> 00:46:16.080 data that maybe if the you know tracking of the prospects with a number of 00:46:16.080 --> 00:46:20.960 potential employees my initial question was kind of spurred from that group that 00:46:20.960 --> 00:46:25.560 it looks like a lot of that development sector was leaning toward those 00:46:25.560 --> 00:46:29.120 transportation connectivity related businesses and then it seemed a little 00:46:29.120 --> 00:46:33.920 uneven as far as the distribution and it's very yeah you know your intuition is 00:46:33.920 --> 00:46:37.720 very quick the way that we weather those economic changes and still allow people 00:46:37.720 --> 00:46:41.720 to live here and that was where that motivation was coming from but again to 00:46:41.720 --> 00:46:45.040 this is just a number of business not necessarily the number of dollars 00:46:45.040 --> 00:46:48.200 invested in our city or the number of employees that they're hiring so I guess 00:46:48.200 --> 00:46:53.720 it's just one way to represent that brain yeah and and carrying that's 00:46:53.720 --> 00:46:59.080 helpful because we have the data so for the same reports that I pull this I 00:46:59.080 --> 00:47:04.240 could pull how many prospective employees that could have been right 00:47:04.240 --> 00:47:08.320 then you know hopefully we have the data then says how what those wages were so 00:47:08.320 --> 00:47:12.160 those are different ways I could definitely pull the same report and make 00:47:12.160 --> 00:47:18.880 it more for future presentations yeah I just wanted to throw in a comment 00:47:18.880 --> 00:47:24.480 there's a difference between what should we be doing the question of what should 00:47:24.480 --> 00:47:30.040 we be doing to improve our actual renewability of our energy and that's a 00:47:30.040 --> 00:47:35.680 very important question and a different question of how do we communicate that 00:47:35.680 --> 00:47:40.000 we actually have that commitment because the other places they're buying Rex or 00:47:40.000 --> 00:47:45.120 anything right they're not increasing the returns on renewable energy you know 00:47:45.120 --> 00:47:49.760 so you know this is about how do we attract employers that would share that 00:47:49.760 --> 00:47:54.820 commitment it would probably help bring the resources to actually prove where we 00:47:54.820 --> 00:47:59.880 do buy our mills so I you know I'm just separate that those issues this is about 00:47:59.880 --> 00:48:03.960 I mean I think that's quite chocked as I mentioned you were to find that this 00:48:03.960 --> 00:48:09.080 thing that we've you know really hitched our wagon to is invisible to the rest of 00:48:09.080 --> 00:48:14.040 the world no wonder the numbers are so small do you are you familiar with our 00:48:14.040 --> 00:48:20.800 simply sustainable plan very high level well I mean just it's another thing to 00:48:20.800 --> 00:48:25.240 throw in there you know when you're sending packets to perspective people 00:48:25.240 --> 00:48:32.680 that are sustainability interested companies that's very I did actually 00:48:32.680 --> 00:48:37.200 since we're on this topic I did write down a question that on one of your I'm 00:48:37.200 --> 00:48:39.920 sorry I can't reference the number but you had said that you wanted to align 00:48:39.920 --> 00:48:44.600 development goals with help integrate those with the sustainability plan I 00:48:44.600 --> 00:48:47.840 wonder if you from at least your perspective and the way you would 00:48:47.840 --> 00:48:52.040 approach that conversation how you see that overlap mature I believe yeah hold 00:48:52.040 --> 00:48:56.760 on let's see I think yeah I there it is I can talk about it if you wait just a 00:48:56.760 --> 00:49:06.880 few more slides here okay so lead buildings in Denton so as it turns out 00:49:06.880 --> 00:49:14.000 probably the single largest incentive and investment the city has made has 00:49:14.000 --> 00:49:20.000 been in this in the embassy suites hotel and convention center and it is a lead 00:49:20.000 --> 00:49:27.360 gold gold certified building it's only one of do we have was there three is 00:49:27.360 --> 00:49:36.640 that right of lead buildings in the city there's six okay so one of three of 00:49:36.640 --> 00:49:45.960 private yeah I'm sorry I was just I was I was asking her so so it's one of three 00:49:45.960 --> 00:49:51.680 of privately owned businesses is lead certified and so I know then there's 00:49:51.680 --> 00:49:56.120 gold and platinum we know this one's gold because I was able to go to the 00:49:56.120 --> 00:50:02.160 website but that the database we have doesn't really break it out to there but 00:50:02.160 --> 00:50:08.760 reducing 57 metric tons of co2 annually and they do use this as part of their 00:50:08.760 --> 00:50:12.320 marketing when they're trying to bring in corporate clients letting them know 00:50:12.320 --> 00:50:17.640 that hey we have a lead building and if you want to stay in North Texas that 00:50:17.640 --> 00:50:26.840 this is a sustainable option for you yes I learned that I learned that just 00:50:26.840 --> 00:50:30.720 probably last week because I was talking to the general manager and he told me 00:50:30.720 --> 00:50:41.440 that they had be high so it's a complaint from a guest okay so when I 00:50:41.440 --> 00:50:46.240 look at and so when I came from the city of Dallas I did redevelopment and 00:50:46.240 --> 00:50:50.360 really redevelopment is kind of like my passion when I look at economic 00:50:50.360 --> 00:50:55.960 development and this was I was also was called a pace manager property-assessed 00:50:55.960 --> 00:51:01.640 clean energy and so I didn't get into economic development I'm not can't say 00:51:01.640 --> 00:51:07.020 honestly I'm like most of y'all on here have a passion for sustainability for me 00:51:07.020 --> 00:51:11.560 I was always interested in finance and so when I came in they said oh you're 00:51:11.560 --> 00:51:14.800 the finance guy you're gonna be doing pace and I was like well I don't quite 00:51:14.800 --> 00:51:20.120 understand this and it took me a while to wrap my head around it but to me this 00:51:20.120 --> 00:51:26.680 is probably our single greatest tool that that we have as an incentive to 00:51:26.680 --> 00:51:33.760 reduce co2 within the city I've read a report and I tried to find it to put in 00:51:33.760 --> 00:51:38.720 this presentation but at one time I came across that said something like 60% of 00:51:38.720 --> 00:51:45.080 all carbon is associated to buildings older buildings within cities and that's 00:51:45.080 --> 00:51:51.720 due to the energy consumptions and those types of things so to me retrofitting 00:51:51.720 --> 00:51:57.720 some of these older buildings is key okay but there's there's the problem 00:51:57.720 --> 00:52:02.160 right and so if you look at this graph right here this kind of talks about when 00:52:02.160 --> 00:52:07.160 we said hey is it you know we're having this discussion earlier right there it 00:52:07.160 --> 00:52:14.520 just you know sustainable systems are more costly or if I already have an 00:52:14.520 --> 00:52:19.960 existing system if I'm just upgrading to a newer system I'm saving more energy 00:52:19.960 --> 00:52:24.560 but once again it's more costly right and so the problem that has business 00:52:24.560 --> 00:52:29.560 owners property owners is if they make out they put in this this this 00:52:29.560 --> 00:52:35.640 investment out front right well they immediately are cash flow negative which 00:52:35.640 --> 00:52:39.840 is not beneficial to a business when they're when their cash flows go down 00:52:39.840 --> 00:52:45.840 and so what do they do they don't see the the breakeven point or the return on 00:52:45.840 --> 00:52:51.000 investment so sometimes 10 12 20 years out so they just never make that 00:52:51.000 --> 00:52:58.880 investment that never happens what pace does pace is a unique financing tool in 00:52:58.880 --> 00:53:07.440 which the city or the county places in its an assessment equivalent to a loan 00:53:07.440 --> 00:53:15.240 on these sustainable investments and because it's an assessment and it uses 00:53:15.240 --> 00:53:19.520 the power of the government to make that assessment it stretches those payments 00:53:19.520 --> 00:53:25.520 out to about 25 years which results in an immediate cash flow positive 00:53:25.520 --> 00:53:31.800 investment thereby incentivizing buildings and businesses to go ahead and 00:53:31.800 --> 00:53:37.960 make those and so right now the county has a program unfortunately it's kind of 00:53:37.960 --> 00:53:43.200 same thing as we have with our 100% energy number one hit the pace program 00:53:43.200 --> 00:53:46.720 is just new to Texas in general it's been out in California for quite some 00:53:46.720 --> 00:53:54.200 time it does have some limitations to using this it's not a cure-all so one of 00:53:54.200 --> 00:53:57.240 the things is you got to find the lenders who want to do these types of 00:53:57.240 --> 00:54:02.980 loans and typically it's not financially beneficial to them unless the loan is 00:54:02.980 --> 00:54:07.600 five hundred thousand and then there's legal requirements that a pace loan 00:54:07.600 --> 00:54:13.280 can't represent more than 25 percent of a building's total value so then your 00:54:13.280 --> 00:54:16.760 building needs to be at least two million dollars or your improvements and 00:54:16.760 --> 00:54:22.000 so that it turns out most of the older smaller buildings are ineligible so 00:54:22.000 --> 00:54:28.400 there are some issues with that but I think there's the Texas Pace Authority 00:54:28.400 --> 00:54:32.120 who really kind of led this legislation in Texas they're working on some of 00:54:32.120 --> 00:54:36.440 those things they're looking at bringing more small lenders in to kind of solve 00:54:36.440 --> 00:54:41.320 that problem and then with the county as well you know I call the county to say 00:54:41.320 --> 00:54:44.880 hey I want to know about your pace program and they're like I don't know 00:54:44.880 --> 00:54:47.720 what that is and let me find out who that is and you know I still haven't 00:54:47.720 --> 00:54:52.000 really found out who that is who's running the pace program they do go to a 00:54:52.000 --> 00:54:55.640 third-party administrator but it's just one of those issues if there's not 00:54:55.640 --> 00:55:00.120 someone out there marketing it and putting it out there then we don't know 00:55:00.120 --> 00:55:05.000 about it sounds like you had quite an issue Catherine has been trying to get 00:55:05.000 --> 00:55:12.480 that information for us and you know and to me is like you know one issue that we 00:55:12.480 --> 00:55:16.120 could look at is it maybe the city does its own pace program right so you can 00:55:16.120 --> 00:55:21.200 you can have competing programs that the city wanted to do its own pace program 00:55:21.200 --> 00:55:26.080 you can even it could be a revenue generator in Dallas we charge the 00:55:26.080 --> 00:55:32.280 origination fee to run that program so it does make you less competitive if 00:55:32.280 --> 00:55:35.680 you're charging origination fee but then again if no one you know no one else is 00:55:35.680 --> 00:55:42.600 really competing against you but yeah just I see its property assessed clean 00:55:42.600 --> 00:55:50.400 energy the emphasis seems to be on you know kind of an energy energy use 00:55:50.400 --> 00:55:54.280 reduction which is very important for sustainability if it's if they're on 00:55:54.280 --> 00:56:02.280 fossil fuels but would it also apply with the existing pace program for for 00:56:02.280 --> 00:56:06.600 switching to electrical which has the potential to be sourced through 00:56:06.600 --> 00:56:12.360 renewables you're saying if there's like something that's like fossil fuel or 00:56:12.360 --> 00:56:17.920 like a gas power yeah let's say like electrocute versus gassy right so I'm 00:56:17.920 --> 00:56:21.360 using last I think it's long so what they'll do is they'll send out an 00:56:21.360 --> 00:56:26.080 engineer right you know this is where it goes above my pay grade but they'll send 00:56:26.080 --> 00:56:34.920 an engineer out and if it reduces energy right or it reduces water you know so 00:56:34.920 --> 00:56:40.760 this is the point reducing energy evidently a good thing especially if 00:56:40.760 --> 00:56:45.400 the energy you're using is some kind of fossil fuel let's say you're eating with 00:56:45.400 --> 00:56:52.280 natural gas okay so reduce energy reduce use of natural gas but if let's say you 00:56:52.280 --> 00:56:55.920 didn't reduce energy probably better if you did but even if you didn't but you've 00:56:55.920 --> 00:57:00.480 made the investment with the pace financing to switch to electrical are 00:57:00.480 --> 00:57:04.240 you saying it's like something's like okay gas power versus electric power so 00:57:04.240 --> 00:57:09.320 that so the other thing that they do is that there is what's considered to code 00:57:09.320 --> 00:57:15.720 and that in that instance like hey here's what the code says the standard 00:57:15.720 --> 00:57:20.740 and so if you make these investments and they're above and beyond code then they 00:57:20.740 --> 00:57:27.120 are eligible as well the other key thing is that those savings have to actually 00:57:27.120 --> 00:57:32.800 be a net positive over whatever your debt service is so I mean we could we 00:57:32.800 --> 00:57:36.480 can go into the nitty-gritty of it but that's I think that might actually say 00:57:36.480 --> 00:57:39.720 your money and utilities you have to actually save money versus what you're 00:57:39.720 --> 00:57:44.040 paying you have to actually say that you can't just make all these things and 00:57:44.040 --> 00:57:49.400 then actually not be saving money okay so an opportunity for a Denton specific 00:57:49.400 --> 00:57:55.560 pace knockoff might be something that would you know help finance you moving 00:57:55.560 --> 00:58:02.280 to more sustainability whether or not it's necessarily a lower cost well it 00:58:02.280 --> 00:58:06.640 wouldn't be a knockoff it would still be a pace program it's just it would be the 00:58:06.640 --> 00:58:12.240 city's oh yeah yeah it would be under the state the same statutes and 00:58:12.240 --> 00:58:22.440 everything that the state's program has yeah so in the interim of more 00:58:22.440 --> 00:58:28.160 legislation bringing on smaller banks in this banking industry right now that's 00:58:28.160 --> 00:58:33.500 not going to happen to well thanks failing and examiners looking at real 00:58:33.500 --> 00:58:41.040 risky ventures is that an opportunity where we can educate our this 00:58:41.040 --> 00:58:47.600 particularly where a small business owner had a retired business person can 00:58:47.600 --> 00:58:52.240 we add a component to the plan that particularly in lieu of businesses that 00:58:52.240 --> 00:58:58.120 cannot take advantage of this can we add a component that looks simply like we 00:58:58.120 --> 00:59:02.740 still do the assessment energy assessment on your business and help 00:59:02.740 --> 00:59:08.160 them determine from a cost perspective how they can save money because that's 00:59:08.160 --> 00:59:13.960 the key word saving money when I did similar type programs in the several 00:59:13.960 --> 00:59:18.040 businesses that I own and I was able to reduce energy cost by as much as 50 00:59:18.040 --> 00:59:23.920 percent it meant less energy usage less co2 carbon emissions so we can achieve 00:59:23.920 --> 00:59:28.880 the same goal but from a small business perspective if you can present it in a 00:59:28.880 --> 00:59:34.560 way that individual or individuals can save tremendous amounts of money now we 00:59:34.560 --> 00:59:41.680 can see them being able to finance or better finance a larger plan you know 00:59:41.680 --> 00:59:46.640 installing you know completely new you know electric panels and so forth so is 00:59:46.640 --> 00:59:50.480 that a is that possibly something we can consider we can have some greater 00:59:50.480 --> 00:59:55.400 impacts can you clarify your question about what's possible because I'm not 00:59:55.400 --> 01:00:00.280 okay I'm not I'm not understanding how that way you're suggesting is outside of 01:00:00.280 --> 01:00:03.560 what the pace already does yeah I ran a program in McDonald's I'm a former 01:00:03.560 --> 01:00:08.360 McDonald's restaurant franchisee I owned and operated six franchises we 01:00:08.360 --> 01:00:15.280 implemented a plan that the goal was to reduce energy usage and we were able to 01:00:15.280 --> 01:00:20.800 quantify that with the dollars or quantitative information with actual 01:00:20.800 --> 01:00:24.160 dollars yes so that's that's what the engineering does when you do the pace 01:00:24.160 --> 01:00:28.400 program you bring in an engineer who does an engineering assessment right yeah 01:00:28.400 --> 01:00:34.000 and so then so then the the Texas Pace Authority and then Lone Star Pace is 01:00:34.000 --> 01:00:37.880 actually who the county uses right so then so you've got two sides we've got 01:00:37.880 --> 01:00:42.080 the engineering who says hey here's here's what's possible and then you got 01:00:42.080 --> 01:00:45.960 the finance side so here's I'm just gonna cost you and then they you know 01:00:45.960 --> 01:00:50.320 they they do that cost benefit analysis and say and then then they go out to 01:00:50.320 --> 01:00:54.680 market right and they go to the banks and say here's here's what the package 01:00:54.680 --> 01:00:59.760 here's the improvements they're looking for what can we do right and so to your 01:00:59.760 --> 01:01:05.440 point you know there's an arguments made that these these these loans are 01:01:05.440 --> 01:01:09.560 actually more secure right then than any other loan right because it's that the 01:01:09.560 --> 01:01:16.700 assessment stays with the building and you do see the rates are actually and 01:01:16.700 --> 01:01:21.720 then this is the problem to speak of is that the rates are actually higher right 01:01:21.720 --> 01:01:26.240 debt service is lower but the rates are going to be higher than you would see in 01:01:26.240 --> 01:01:34.040 a traditional loan because it is technically mezzanine financing so that 01:01:34.040 --> 01:01:38.780 so that's kind of what the program does if that yeah if you could clarify yeah 01:01:38.780 --> 01:01:42.620 we're both you're not on the same page up to the point where the bank says no 01:01:42.620 --> 01:01:47.840 yeah for its reasons what does the business owner do at that point so are 01:01:47.840 --> 01:01:51.160 you saying it's a possibility for the for the city to step in and fund 01:01:51.160 --> 01:01:55.000 something like that no what I'm talking about is a component where the city has 01:01:55.000 --> 01:02:00.440 a plan where we can do the energy assessment and then be able to help the 01:02:00.440 --> 01:02:05.080 business owner understand that if you can reduce this cost you can say X 01:02:05.080 --> 01:02:08.400 amount of dollars the reality is business people make decisions based on 01:02:08.400 --> 01:02:13.560 money these are some field goods you know energy energy make your business 01:02:13.560 --> 01:02:17.120 energy efficient but if it doesn't put more money on the bottom line you're 01:02:17.120 --> 01:02:21.920 gonna have a very difficult time selling and for a bank to say no what does the 01:02:21.920 --> 01:02:27.800 business hey I tried what I'm saying is our goal is still to reduce that carbon 01:02:27.800 --> 01:02:32.480 emissions that have been admitted by reducing energy can we look at an 01:02:32.480 --> 01:02:37.880 additional component to the pace plan where okay when the business does not 01:02:37.880 --> 01:02:42.440 qualify you know for the phone for the loan when the bank is denied it let's 01:02:42.440 --> 01:02:49.880 take this option and not to dive into the details of the right now but my goal 01:02:49.880 --> 01:02:53.920 the hat that I wear from small business owner perspective is how can I help that 01:02:53.920 --> 01:02:59.000 business owner save money put more money on the bottom line and achieve energy 01:02:59.000 --> 01:03:03.480 efficiency yeah I think the short answer to your question you know without getting 01:03:03.480 --> 01:03:07.920 you know getting too off of it yeah if there's an opportunity to save money to 01:03:07.920 --> 01:03:13.360 affect the bottom line and say you know get clean energy and be more sustainable 01:03:13.360 --> 01:03:17.160 then I think it's something we should definitely be looking at yes so what do 01:03:17.160 --> 01:03:23.240 we do tingle back and look at that as a possibility how do you guys well I guess 01:03:23.240 --> 01:03:28.000 and that process once again I think I don't know you run into I don't know what 01:03:28.000 --> 01:03:32.000 that looks like because that's the same problem right is it the bank says no if 01:03:32.000 --> 01:03:38.000 we can't get this type of financing then then the owners got to make that 01:03:38.000 --> 01:03:43.160 decision right on the bottom line when do they make money right so I think we 01:03:43.160 --> 01:03:47.720 could go back and look at it but I can't answer to you right now I don't yeah 01:03:47.720 --> 01:03:50.880 that particular doesn't but something we could definitely look at something yes 01:03:50.880 --> 01:03:53.880 that's what I'm looking for is there's something that we can look into and then 01:03:53.880 --> 01:03:58.200 come back and present you know to this body you know here's here's how we want 01:03:58.200 --> 01:04:03.400 to speak to what I believe is very valuable you know concern that you're 01:04:03.400 --> 01:04:07.400 going to run into we won't achieve the goal under this current plan and the way 01:04:07.400 --> 01:04:12.440 it appears the way it's been presented to me today all right and then the 01:04:12.440 --> 01:04:18.480 economic growth writer deep this is a program that DME has and we put this out 01:04:18.480 --> 01:04:25.360 with all of our prospects as part of the clean energy we partner that with that 01:04:25.360 --> 01:04:30.680 to say hey if you come and you choose didn't you're going to get the clean 01:04:30.680 --> 01:04:35.560 energy and you're going to get these these reduction in rates over over five 01:04:35.560 --> 01:04:41.100 years with that clean energy so you're actually here you're saving money by 01:04:41.100 --> 01:04:50.440 choosing DME over other options okay so back to your question about how we are 01:04:50.440 --> 01:04:56.440 aligning these types of things so when we do an application for a tax abatement 01:04:56.440 --> 01:05:02.840 or 380 we this is basically part that we put in there is like what are you doing 01:05:02.840 --> 01:05:08.280 is that part of are you engaging in sustainable practices so we have a few 01:05:08.280 --> 01:05:13.760 things here then we're going to actually put that into our scoring metric in our 01:05:13.760 --> 01:05:18.240 application so when we're evaluating companies we have all of our growth 01:05:18.240 --> 01:05:25.800 areas and so we try to add up all those points and to get to our targets and so 01:05:25.800 --> 01:05:31.920 really what we're using this is kind of gauge what type of companies are coming 01:05:31.920 --> 01:05:39.320 in once again to go back to that that data that we're collecting earlier okay 01:05:39.320 --> 01:05:49.860 now this one this is our SDG suspect sustainable development goals by the UN 01:05:49.860 --> 01:05:55.680 United Nations thank you and so this is the strategic plan there were like 15 of 01:05:55.680 --> 01:06:00.560 them if I believe and the strategic plan said that this city should call out 01:06:00.560 --> 01:06:05.400 these four so you guys might know more about these than I do but these are the 01:06:05.400 --> 01:06:11.800 four that the strategic plan challenge us to have the city adopt as a priority 01:06:11.800 --> 01:06:16.040 through through here so that's affordable and clean energy so I think 01:06:16.040 --> 01:06:21.960 we're moving along there decent work and economic growth industry innovation and 01:06:21.960 --> 01:06:31.360 infrastructure and sustainable cities and communities all right so that's it I 01:06:31.360 --> 01:06:36.520 have for you today any further questions for me 01:06:36.520 --> 01:06:43.360 very important part of the presentation I would like to see is return on 01:06:43.360 --> 01:06:48.240 investment what would this thing cost us what would the projected return look 01:06:48.240 --> 01:06:52.160 like I see you don't have that that would be something I would definitely 01:06:52.160 --> 01:06:57.040 like to see yes so the the ROI so I think that was a holdover from and I 01:06:57.040 --> 01:07:01.440 apologize I apologize for that from another presentation so what that is 01:07:01.440 --> 01:07:08.280 that's the ROI on the incentives that we put out Jason worked on that so we're 01:07:08.280 --> 01:07:12.640 working on that updating that at this moment and we're gonna have that new 01:07:12.640 --> 01:07:18.680 report out and I can send that to Michael and basically it's not anything 01:07:18.680 --> 01:07:24.040 specific to this presentation it's just the ROI on any of our incentives that 01:07:24.040 --> 01:07:27.640 we've done in the past but I'd be happy to share that with Michael and he can 01:07:27.640 --> 01:07:30.800 share that with you as well all right just one additional question and then 01:07:30.800 --> 01:07:39.560 I'll be out the way from the mindset of the sustainability perspective with 01:07:39.560 --> 01:07:44.440 regards to the small business operations do we know how many small businesses we 01:07:44.440 --> 01:07:50.640 lost pre-code and the reasons why we lost them and can part of the 01:07:50.640 --> 01:07:58.400 sustainability program address those kinds of things that my business 01:07:58.400 --> 01:08:03.640 operation the best way to to increase the revenue is saying you know expenses 01:08:03.640 --> 01:08:08.000 and so we can save companies that are going like you will cost a factor than 01:08:08.000 --> 01:08:13.760 even spending big bucks trying to generate so the question is do we know 01:08:13.760 --> 01:08:19.820 how many small businesses failed pre-code pre-code is an anomaly yeah it's it's 01:08:19.820 --> 01:08:25.200 actually we know the business has failed right so what we can really see is on net 01:08:25.200 --> 01:08:32.280 and so on a net we've actually gained businesses right but we know we've lost 01:08:32.280 --> 01:08:39.440 some and in particular if you look we're gaining the the gains the losses have 01:08:39.440 --> 01:08:45.920 not been equal right it's been there's distribution geographically right so for 01:08:45.920 --> 01:08:50.600 instance if I look we look over to the square I've seen they can see rise where 01:08:50.600 --> 01:08:56.640 a lot of our small businesses are but if we look north we see more businesses 01:08:56.640 --> 01:09:03.680 right and so on a net we we've gained right but to answer your question it's 01:09:03.680 --> 01:09:08.800 kind of muddy on that and so your second question what was your second one well 01:09:08.800 --> 01:09:13.040 the first question is do we know the number of and then more importantly do 01:09:13.040 --> 01:09:16.040 we know why we lost those businesses there's something that we could have done 01:09:16.040 --> 01:09:20.120 to help sustain that business that that you know primarily is what what I'm 01:09:20.120 --> 01:09:24.640 looking at therefore can we oh we developed you know any type of plan to 01:09:24.640 --> 01:09:28.800 address why we would lose whoever we lost from the square yeah and then the 01:09:28.800 --> 01:09:32.480 second I actually had a point for your second one and the other problem we have 01:09:32.480 --> 01:09:36.120 is this is a split incentive right is so you have typically with small business 01:09:36.120 --> 01:09:40.280 owners they're going to be renting their space right they're not going to be 01:09:40.280 --> 01:09:43.480 owning and typically here in debt and your smallest business owners are going 01:09:43.480 --> 01:09:47.760 to go over the reap the rents the cheapest and so that's typically your 01:09:47.760 --> 01:09:52.880 older business your older buildings with out the investment in there right and so 01:09:52.880 --> 01:09:57.480 that is a problem right because they're they're the ones paying for this high 01:09:57.480 --> 01:10:01.920 energy cost right if you go especially some of these older buildings I've gone 01:10:01.920 --> 01:10:05.840 in there in the summertime the AC blasting yet it's still hot in there right 01:10:05.840 --> 01:10:10.040 so it's just constantly running but the property owner right as long as he's 01:10:10.040 --> 01:10:14.360 collecting that rent he's got no incentive to make those improvements 01:10:14.360 --> 01:10:19.160 whereas the business owner is the one paying the bills so that so that is an 01:10:19.160 --> 01:10:27.080 issue that we are aware of what we want to do is we want to create a program 01:10:27.080 --> 01:10:32.440 where we incentivize businesses to be property owners right so their owner 01:10:32.440 --> 01:10:37.000 operators right that's what I would like to see because if it kind of goes back 01:10:37.000 --> 01:10:41.000 to the pace right is that if they're they can show to a bank hey look I'm 01:10:41.000 --> 01:10:46.600 making these rent payments right I'm making these utility payments and if I 01:10:46.600 --> 01:10:51.360 have a business plan and I want to make I want to purchase this building I want 01:10:51.360 --> 01:10:55.920 to make these improvements and I'm actually going to lower you know my cost 01:10:55.920 --> 01:11:00.520 and rent I'm going to lower my cost and utility they've already proven that they 01:11:00.520 --> 01:11:05.200 can make these payments as is and so maybe setting a program which we could 01:11:05.200 --> 01:11:11.880 do that yeah that's what I'm looking for is how can we help sustain businesses to 01:11:11.880 --> 01:11:16.840 stay in business where they may need it how to clean condensers on a regular 01:11:16.840 --> 01:11:20.880 maintain equipment would be the headliner to reduce that utility cost 01:11:20.880 --> 01:11:25.720 win-win for everybody I'm a living example of it cut by cost 50% in six 01:11:25.720 --> 01:11:30.280 restaurants it was phenomenal I just think it's education opportunity 01:11:30.280 --> 01:11:36.640 I'm sorry I just want to say this is really a great presentation well thank 01:11:36.640 --> 01:11:41.200 you yeah full of information I didn't know and I appreciate you sharing your 01:11:41.200 --> 01:11:49.200 expertise with us I just had one question is there an actual schedule of the 01:11:49.200 --> 01:11:55.060 amount of abatement based upon a specific sustainability initiative there 01:11:55.060 --> 01:12:03.600 is not no could that would that be a possible um it's possible so I'll say 01:12:03.600 --> 01:12:10.320 that for me the way that I look at incentives I look at incentives on a 01:12:10.320 --> 01:12:14.720 gap-based financial gap-based right so number one well because we're talking 01:12:14.720 --> 01:12:17.960 about real estate we're talking about bringing in a business right that 01:12:17.960 --> 01:12:23.400 capital is flighty but we're looking at real estate right it's here it's not 01:12:23.400 --> 01:12:28.080 going anywhere right and we look at development I want to analyze that on a 01:12:28.080 --> 01:12:36.720 gap basis so gap meaning I'm so when finance so we have if I want to go get 01:12:36.720 --> 01:12:42.000 a building I've got to the banks gonna say hey you you need to your cash flow 01:12:42.000 --> 01:12:49.120 needs to be 1.2 for 25 percent higher than then your debt right then your debt 01:12:49.120 --> 01:12:55.120 payment so that's number one and so what could happen right is we could want to 01:12:55.120 --> 01:13:00.600 put in these sustainable improvements and what that does is then that that 01:13:00.600 --> 01:13:05.000 means now we're eating into that cash flow and now we're like one point one 01:13:05.000 --> 01:13:12.120 and so to me I think it's more effective to say hey if you put in these 01:13:12.120 --> 01:13:17.880 sustainable improvements we'll help bridge that gap right we want to bring 01:13:17.880 --> 01:13:23.340 that gap to one point two five whereas if we have a schedule right we could be 01:13:23.340 --> 01:13:27.720 doing two things we could be not incentivizing at all like hey this does 01:13:27.720 --> 01:13:32.520 nothing for me in this particular instance or we could be giving too much 01:13:32.520 --> 01:13:38.920 on the table and thereby missing out on other investments so to me I would I 01:13:38.920 --> 01:13:44.800 would prefer to do it on that gap basis as opposed to a schedule 01:13:45.800 --> 01:13:51.360 this is on topics I know ROI was not a component of this presentation since we 01:13:51.360 --> 01:13:56.120 discussed incentives I would like to dig into it a little bit I guess since we 01:13:56.120 --> 01:13:59.640 are talking about these sustainability goals and I like read a couple of those 01:13:59.640 --> 01:14:05.200 ROI documents that you put out and I know it doesn't always account for some 01:14:05.200 --> 01:14:09.240 of the goals that you know our committee is chiefly interested in especially in 01:14:09.240 --> 01:14:16.320 terms of these sprawl prohibitive development forms that I wondered like what what 01:14:16.320 --> 01:14:19.360 would make it a more accurate reporting in terms of the incentives that we're 01:14:19.360 --> 01:14:23.000 putting putting down from an EV perspective that would account for 01:14:23.000 --> 01:14:25.160 things like infrastructure maintenance that would account for things like 01:14:25.160 --> 01:14:29.360 assumed liabilities that would account for for fire and the other services that 01:14:29.360 --> 01:14:34.880 we pay for for these projects that would it still encourage the economic 01:14:34.880 --> 01:14:39.920 development particularly in the in-pill setting but that also helped me some of 01:14:39.920 --> 01:14:43.800 these environmental and preservation and open space goals that our committee is 01:14:43.800 --> 01:14:49.960 interested in so it's the first party quick can you just clarify so yeah what 01:14:49.960 --> 01:14:55.360 residential development and for these commercial projects as well like where 01:14:55.360 --> 01:14:59.880 we're we're putting money down for a project that that maybe geographically 01:14:59.880 --> 01:15:04.240 isn't necessarily where we want it to be because if we're not accounting for 01:15:04.240 --> 01:15:07.080 those types of connective services that we have to put up to it like water and 01:15:07.080 --> 01:15:11.040 wastewater roads maintenance fire services does that get factored into 01:15:11.040 --> 01:15:17.720 those ROI reports so I don't I don't think so as the way the ROI report 01:15:17.720 --> 01:15:22.720 right is this is basically saying hey here's here's how much investment we're 01:15:22.720 --> 01:15:29.200 putting in here's how much revenue we're getting back but but we are starting to 01:15:29.200 --> 01:15:39.080 track we just launched today actually our our strategic dashboard and we have 01:15:39.080 --> 01:15:43.000 these initiatives right it says hey do this right it's like check we've done 01:15:43.000 --> 01:15:48.720 okay that's great but I think to your point there needs as we check these 01:15:48.720 --> 01:15:53.640 things off and they're ongoing we need to develop and that's what it says right 01:15:53.640 --> 01:15:59.320 that's where we're in the state time develop metrics on this right and so that's that's 01:15:59.320 --> 01:16:04.080 something that needs to be done right so we're the strategic plan is adopted in 01:16:04.080 --> 01:16:12.120 2021 we're 43% through so we've got a lot of stuff we got to do and as we 01:16:12.120 --> 01:16:18.120 build out to 100% we've got to check those boxes but then we've got to 01:16:18.120 --> 01:16:24.800 develop ongoing metric metrics so that we know hey we've done this but are we 01:16:24.800 --> 01:16:29.680 succeeding or are we not and then within that we have those sustainability pieces 01:16:29.680 --> 01:16:32.920 and then even in the competitive I think it's kind of where you're talking about 01:16:32.920 --> 01:16:37.520 because we can talk about mixed use development walkability development so 01:16:37.520 --> 01:16:41.680 that's actually in the competitive it's not in the sustainable section and so 01:16:41.680 --> 01:16:46.560 those are things that that we're not tracking but we are going to start 01:16:46.560 --> 01:16:50.960 building in metrics to do that 01:16:50.960 --> 01:16:57.960 just one I guess on that because you mentioned mixed use a couple of times and 01:16:57.960 --> 01:17:01.720 I know that in our city all of our planning documents call for that 01:17:01.720 --> 01:17:09.640 everybody likes it but I don't see a lot of it actually to be candid if you look 01:17:09.640 --> 01:17:12.880 at the development it almost seems like where we're going is what I would call 01:17:12.880 --> 01:17:20.200 high density car dependent development which is bad and I think that both counts 01:17:20.200 --> 01:17:26.360 so you're building more multi-family housing but it's segregated from any 01:17:26.360 --> 01:17:29.560 place they need to get to so everybody still needs a car so we're packed in 01:17:29.560 --> 01:17:33.760 more tightly with with the same need for cars so I'm just wondering if there's 01:17:33.760 --> 01:17:39.720 anything and what you all do do you well two-fold questions you get feedback from 01:17:39.720 --> 01:17:45.640 people that they want mixed use moving and you all have any leverage to make 01:17:45.640 --> 01:17:52.840 that happen yeah so so yes so key remember right economic development and 01:17:52.840 --> 01:17:57.440 we have the incentives the incentive is this is the type of development we want 01:17:57.440 --> 01:18:02.760 to do and then there's the United States of America this is what you can do right 01:18:02.760 --> 01:18:09.160 so the two the two things to different differentiate there right so do we get 01:18:09.160 --> 01:18:14.960 feedback yes and that goes back to Paul your question is hey isn't office and 01:18:14.960 --> 01:18:20.680 all this taking a meeting well what is succeeding is the mixed use development 01:18:20.680 --> 01:18:28.040 we had I had a meeting gosh six months ago with a pretty large employer there 01:18:28.040 --> 01:18:33.360 was looking in the area and they pulled me in when we got to get this company 01:18:33.360 --> 01:18:39.360 and you know I knew there's no we didn't have a shot at getting this company 01:18:39.360 --> 01:18:44.240 because we didn't have the product right we did not have what they need and then 01:18:44.240 --> 01:18:49.000 I went so well you know I'll go to the meeting we'll do it and then the the 01:18:49.000 --> 01:18:52.920 decision-maker you know looked at us and said here's the deal you're not even on 01:18:52.920 --> 01:18:56.320 the list and then they just ticked off you know you don't have enough you know 01:18:56.320 --> 01:19:01.600 apartment housings within proximity to an office you don't have class a office 01:19:01.600 --> 01:19:07.280 you don't have the you know everything all located that our employees are 01:19:07.280 --> 01:19:14.160 looking for so to answer your question we want to incentivize my department 01:19:14.160 --> 01:19:18.640 wants to incentivize that type of development and not say not because it's 01:19:18.640 --> 01:19:22.440 not sustainable because it's sustainable it's because it's what's competitive and 01:19:22.440 --> 01:19:28.200 it's what the market wants right and so but and sustainability to me is this 01:19:28.200 --> 01:19:33.800 is another added bonus right so it's just part of that circular piece it's 01:19:33.800 --> 01:19:37.140 competitive it's sustainable that's what the market wants and then we have 01:19:37.140 --> 01:19:42.240 incentives for that and then the option then of course what else can we do to 01:19:42.240 --> 01:19:47.400 make it greener right you know you know put in knowing that we're going to this 01:19:47.400 --> 01:19:51.240 this building is going to be here 20 years from now let's let's put in those 01:19:51.240 --> 01:19:55.040 green those car electric chargers right so that we're getting that 01:19:55.040 --> 01:19:59.600 infrastructure built in and those are type of things that we look at Paul yeah 01:19:59.600 --> 01:20:04.080 couple questions for you I don't remember if I hectored you about this 01:20:04.080 --> 01:20:10.080 when we first spoke sure you did but on the theme of you know what I was asking 01:20:10.080 --> 01:20:15.920 about and what you're saying the market wants is heck for on your radar is 01:20:15.920 --> 01:20:21.480 something to advocate for I will translate taking the area south of the 01:20:21.480 --> 01:20:28.500 square out of the floodplain so that it could be densely built with public space 01:20:28.500 --> 01:20:35.720 live work play walkable accessible extension of the square experience yes 01:20:35.720 --> 01:20:40.560 so I mean peck for right is and I think there is a bond it's going through the 01:20:40.560 --> 01:20:46.560 bond package for that so I don't know too a whole lot about it right but the 01:20:46.560 --> 01:20:50.120 idea is you bring it out of the floodplain which would make that land 01:20:50.120 --> 01:20:54.320 more developable you could be a vertical structure 01:20:54.320 --> 01:21:03.720 yeah we're getting close to the edge of getting outside okay so my other 01:21:03.720 --> 01:21:12.160 question is in the areas where your to-do list you shared at the end overlap 01:21:12.160 --> 01:21:17.120 with the objectives of the sustainability committee what would you 01:21:17.120 --> 01:21:21.400 like to see as next steps what's your ask well I think first of all this is 01:21:21.400 --> 01:21:26.320 great hearing hearing the types of feedback going back to metrics right 01:21:26.320 --> 01:21:31.160 what what's important to y'all what what actually moves the needle right because 01:21:31.160 --> 01:21:35.880 then we can start to have these deeper conversations about you know because it 01:21:35.880 --> 01:21:40.720 could you say so it all comes out of the bottom line right so what how can we 01:21:40.720 --> 01:21:45.960 bridge the gap like that I'm a gap type person let's identify those gaps y'all 01:21:45.960 --> 01:21:51.680 probably know them better than I do and then what can we do to a create those 01:21:51.680 --> 01:21:55.240 baselines and know where we are so we can start tracking them and then 01:21:55.240 --> 01:22:01.440 figuring out is there an incentive that we can provide to move the market to 01:22:01.440 --> 01:22:08.120 fill those gaps so so you'd like ideally you like this committee to define some 01:22:08.120 --> 01:22:13.920 objectives that could become that could have incentives built around them yeah 01:22:13.920 --> 01:22:19.560 and I can share all of our I think we already have shared those with you but 01:22:19.560 --> 01:22:24.880 those are within the strategic plan so it would be beneficial to me right 01:22:24.880 --> 01:22:28.920 because I've got to do those types of things so how can I do better about 01:22:28.920 --> 01:22:33.120 those and then certainly if you got other ones that's great but for me you 01:22:33.120 --> 01:22:38.320 know that's what council has set as their priorities and their strategic plan 01:22:38.320 --> 01:22:55.280 and those are the things that I'm testing but I think more importantly it 01:22:55.280 --> 01:22:59.800 would fit with meshing the goals with the simply sustainable framework and I 01:22:59.800 --> 01:23:07.640 believe actually simply sustainable is mentioned in there or yeah okay and so 01:23:07.640 --> 01:23:18.920 the idea is to try to figure out how we could have a look at our greenhouse gas 01:23:18.920 --> 01:23:26.720 inventory are you aware that we have that so I know the EPA and I looked at 01:23:26.720 --> 01:23:29.840 this in the pace on this is the exact same thing but it was this is for our 01:23:29.840 --> 01:23:35.360 committee oh yeah so like transportation is one of the highest polluters and so 01:23:35.360 --> 01:23:40.760 when we're talking about all the incentivized I guess the buildings the 01:23:40.760 --> 01:23:45.440 warehouses the logistics so that's why I brought my comment up at the very 01:23:45.440 --> 01:23:49.280 beginning just so you may want to take a look at that that might be helpful for 01:23:49.280 --> 01:23:55.720 you and then we have climate action plan and carbon reduction goals which may be 01:23:55.720 --> 01:24:00.240 also helpful for you as you're going out looking for these sustainability 01:24:00.240 --> 01:24:06.040 sustainable businesses and then we have our green business program that you may 01:24:06.040 --> 01:24:11.160 or may not be familiar with as well that might be something for you to look into 01:24:11.160 --> 01:24:17.600 and then just a comment we obviously our committee and economic development have 01:24:17.600 --> 01:24:21.920 several overlapping goals so I appreciate you coming and speaking with 01:24:21.920 --> 01:24:26.840 us and I think we have a lot of opportunities here all right well thank 01:24:26.840 --> 01:24:31.520 you once again for having me and I had not planned on speaking this long so 01:24:31.520 --> 01:24:36.520 thank you for your time thank you all right 01:24:36.520 --> 01:24:47.720 all right so we will move on to item B stack reports Bird City Texas update 01:24:47.720 --> 01:24:56.760 data center the electric memo and the matrix yes and you have a memo from Dan and your 01:24:56.760 --> 01:25:04.880 backup about Bird City Texas update close but not yet interesting follow-up 01:25:04.880 --> 01:25:09.080 conversation with them and I think we're set for next year I think we're in a good 01:25:09.080 --> 01:25:15.080 position for next year and then you have the memo about the data center electric 01:25:15.080 --> 01:25:21.400 usage request and the matrix so any questions yeah on the data center one 01:25:21.400 --> 01:25:27.400 have we asked core scientific or if we told course scientific that there was 01:25:27.400 --> 01:25:31.680 this request and that we that the information will only be shared if they 01:25:31.680 --> 01:25:35.680 requested it to be shared do they know that there's an interest in having this 01:25:35.680 --> 01:25:39.600 information I mean I think we could have probably saved a month if we didn't ask 01:25:39.600 --> 01:25:47.800 them that question right we could have just asked them there I don't think so 01:25:47.800 --> 01:25:53.360 we don't go and ask because when we we get records request for people's records 01:25:53.360 --> 01:26:00.320 utility records on a somewhat regular basis we don't as a practice go and ask 01:26:00.320 --> 01:26:05.160 them you know you haven't consented before before your for your information 01:26:05.160 --> 01:26:10.800 to really be released you know will you consent now so it's it's not a practice 01:26:10.800 --> 01:26:19.560 and it would in this case to stick with practice would it be a bad thing to do 01:26:19.560 --> 01:26:24.560 something different than the practice it would be well I do think it could be 01:26:24.560 --> 01:26:30.280 with the things that are that are going on with that so that's not something I 01:26:30.280 --> 01:26:35.480 would advise any staff to do is to go outside with the city Lee normally does 01:26:35.480 --> 01:26:38.840 when a request like that is made 01:26:38.840 --> 01:26:47.880 was my ass but I just read it like it seems like kind of bureaucratic answer 01:26:47.880 --> 01:26:51.520 it's like a dead end when there's a legitimate interest in knowing the 01:26:51.520 --> 01:27:06.640 information okay anybody else not about this Bird City matrix go ahead yeah have 01:27:06.640 --> 01:27:12.960 a few specific things and then kind of a broader thing we've talked about at 01:27:12.960 --> 01:27:19.800 length about the solar rebate and one thing that occurred to me and had 01:27:19.800 --> 01:27:26.960 conversations with that about it tough with Dominus the set battery walls may 01:27:26.960 --> 01:27:31.800 play an entirely different role I'd be very interested in staff's assessment of 01:27:31.800 --> 01:27:38.400 that whether battery walls because they enable the use of renewable energy at 01:27:38.400 --> 01:27:46.840 times when it isn't otherwise happening that might have a differential impact 01:27:46.840 --> 01:27:51.880 might be worth subsidizing that just because you're you know you're then 01:27:51.880 --> 01:27:57.920 shifting we're doing with usage in time and in fact California and as pointed 01:27:57.920 --> 01:28:04.120 out to me has a rather elaborate program based around that premise their needs 01:28:04.120 --> 01:28:08.280 may be different but some indication that it's not a totally unique thought 01:28:08.280 --> 01:28:14.280 anyway so that that's the items it's would there be any sustainability point 01:28:14.280 --> 01:28:19.200 to subsidizing battery storage even for people already have solar panels who 01:28:19.200 --> 01:28:24.520 didn't invest in the battery walls so that's one 01:28:24.520 --> 01:28:34.200 yeah a second are we I think you might just tell me we'll take this up when we 01:28:34.200 --> 01:28:41.760 get to water which is coming up I see on the matrix but the question is have we 01:28:41.760 --> 01:28:46.760 looked at and could we look at what zero scaping incentive plans have worked in 01:28:46.760 --> 01:28:53.200 other areas if we end up saying that from a resilience point of view that 01:28:53.200 --> 01:29:00.520 water usage is important objective yeah so zero scaping incentive plans which 01:29:00.520 --> 01:29:07.960 have worked I see building culture on the last two canopies on the list I have 01:29:07.960 --> 01:29:16.840 a oh okay one to put on the list of transmitting from bike ten is there 01:29:16.840 --> 01:29:22.200 interested in consideration of whether there be merit to subsidizing electric 01:29:22.200 --> 01:29:29.680 bikes as you know more efficient means of transportation and it might it might 01:29:29.680 --> 01:29:34.760 be people wouldn't necessarily get into a car they might know that's the 01:29:34.760 --> 01:29:39.760 question is there is there's a sustainability merit to incentivizing 01:29:39.760 --> 01:29:44.920 electric bikes and then I have a broader question which really just comes to the 01:29:44.920 --> 01:29:48.560 fact that I'm late to the party and I don't know the framing conversations 01:29:48.560 --> 01:29:58.080 you've all had but it isn't obvious to me on my third visit that there is that 01:29:58.080 --> 01:30:05.760 there's a process with a clear goal that we're going toward my what I imagined 01:30:05.760 --> 01:30:12.200 having been on council and then Councilmember Briggs and I urged the 01:30:12.200 --> 01:30:17.120 formation of this group was that this group would be moving methodically 01:30:17.120 --> 01:30:22.120 through the sustainability framework each of each of the categories to 01:30:22.120 --> 01:30:29.040 evaluate the tactics you know and to prioritize and you know then prioritize 01:30:29.040 --> 01:30:32.920 against each other you know in order to make a recommendation to council but I 01:30:32.920 --> 01:30:37.200 don't know if there's a time certain that you're trying to get to or that we 01:30:37.200 --> 01:30:42.360 are trying to get to so if that is the goal if I've actually described it right 01:30:42.360 --> 01:30:51.680 then my secondary question is are we moving a pace toward that goal or now 01:30:51.680 --> 01:30:57.400 I asked this with some trepidation like the kid in school says teacher you've 01:30:57.400 --> 01:31:03.160 got to give us the homework assignment but you know if we're not moving a pace 01:31:03.160 --> 01:31:08.420 toward that goal we meet every other week instead of once a month or even if 01:31:08.420 --> 01:31:13.840 it's just not to put an extra burden on staff but just to allow this group to 01:31:13.840 --> 01:31:19.920 discuss the areas that are the pillars of the sustainability framework so said 01:31:19.920 --> 01:31:25.960 a lot now pause they say step back well I think that was just up to add to the 01:31:25.960 --> 01:31:32.280 matrix correct well yeah then there was like the broader that kind of process 01:31:32.280 --> 01:31:36.760 thing but you know okay that could be done just like I think in that matrix is 01:31:36.760 --> 01:31:43.240 are we moving toward a goal should we meet twice as often anybody else have 01:31:43.240 --> 01:31:51.460 anything to clarify take off add to the matrix yeah I just want to reiterate the 01:31:51.460 --> 01:31:57.560 importance I think I know it's on their transportation and hoping that and the 01:31:57.560 --> 01:32:00.880 more I've been thinking about this and I'm not sure if this is reflected in the 01:32:00.880 --> 01:32:08.280 matrix but it would be nice if you could hear from and think about this from a 01:32:08.280 --> 01:32:13.480 city planner perspective it's the I don't know if we we've had that conversation 01:32:13.480 --> 01:32:19.360 about the way things get zoned and built it cuts across so many of the pillars in 01:32:19.360 --> 01:32:25.840 our plan that from transportation to building codes you know air quality you 01:32:25.840 --> 01:32:32.760 name it would I think it might help us like say it was a climate action plan to 01:32:32.760 --> 01:32:38.840 know how high level planning decisions are made about the way the city develops 01:32:38.840 --> 01:32:43.840 this was useful but when we got to like zoning things I could see that that 01:32:43.840 --> 01:32:51.480 wasn't his you know cup of tea or bailiwick so that's I'd like to see we 01:32:51.480 --> 01:33:05.360 could add that I think at one point we we have development services coming 01:33:05.360 --> 01:33:11.200 again this summer to talk about some of the building codes and development codes 01:33:11.200 --> 01:33:25.960 and parking minimums so we can refine that yeah I would like to ask for a 01:33:25.960 --> 01:33:32.640 special call meeting with DME for some further discussion actually some 01:33:32.640 --> 01:33:39.960 unfinished business regarding the green sense program and the reason why I'm 01:33:39.960 --> 01:33:50.360 requesting this is my approval of option four was contingent upon further 01:33:50.360 --> 01:33:57.200 discussion about grandfathering options and this was also recorded in the 01:33:57.200 --> 01:34:05.240 minutes of January 27 23 and I can give you the times if you wish for when this 01:34:05.240 --> 01:34:12.520 happened in the meeting and also I can give you the chairs summation of what 01:34:12.520 --> 01:34:25.880 went down in which it was said that it was the final vote from myself was 01:34:25.880 --> 01:34:32.640 contingent upon further discussions about grandfathering grant what what the 01:34:32.640 --> 01:34:41.160 status of grandfathering was so that's why I would like to have the opportunity 01:34:41.160 --> 01:34:49.360 to discuss that because it has not been addressed and to me right now my vote 01:34:49.360 --> 01:34:57.440 really is inconsequential because I've not gotten the information that I asked 01:34:57.440 --> 01:35:04.440 for so if we could I don't know if we could do a staff report on the 01:35:04.440 --> 01:35:08.760 grandfathering or if they need to come back but if we could add that into the 01:35:08.760 --> 01:35:14.640 matrix somehow to answer the questions that we had from the previous meeting and I 01:35:14.640 --> 01:35:21.640 thought that the recommendation from this committee was option four with 01:35:21.640 --> 01:35:26.400 further discussion about grandfathering but I didn't hear come back to this 01:35:26.400 --> 01:35:32.120 committee with great mother I think what we're asking for is if we could hear 01:35:32.120 --> 01:35:37.440 more information on their thoughts about the grandfathering because we left it 01:35:37.440 --> 01:35:41.360 off at that is that what you're saying yeah and I would like what I would and 01:35:41.360 --> 01:35:46.920 until that discussion happens I would like my vote to be rescinded or put on 01:35:46.920 --> 01:35:59.800 hold for option four that first of all it's not on the agenda to do I understand 01:35:59.800 --> 01:36:06.640 and that's I mean the minutes will reflect what was made in that meeting 01:36:06.640 --> 01:36:17.120 yeah so you know a vote at that meeting can't be rescinded okay thank you so is there any any 01:36:17.120 --> 01:36:28.120 opportunity or chance that we can have a meeting on this a timely meeting 01:36:30.120 --> 01:36:42.240 do you want to get would do me and then email us yes we can talk about how we 01:36:42.240 --> 01:36:50.000 can address that okay thanks thank you I just would like to see if we can have 01:36:50.000 --> 01:36:54.880 there was a lot of talk about the pace program today if we can have just a 01:36:54.880 --> 01:37:00.280 presentation so that we can have discussion and questions more so on on 01:37:00.280 --> 01:37:07.000 that or have someone from the county come and talk to us or the state of Texas 01:37:07.000 --> 01:37:13.360 I'm not sure but that seemed to be a very important topic and new information 01:37:13.360 --> 01:37:19.640 for us and so that would be helpful it's a good tool yeah 01:37:19.640 --> 01:37:25.600 and that was going to be exactly my my ask is that we can get more presentation 01:37:25.600 --> 01:37:34.280 on the program by his own testimony it currently is ineffective in terms of the 01:37:34.280 --> 01:37:38.560 problems that they're running into getting banks to support it and half a 01:37:38.560 --> 01:37:43.800 million dollars in value of the property and it can exceed 25 percent of you know 01:37:43.800 --> 01:37:48.480 so forth so long it sounds like that plan is not working in its present state 01:37:48.480 --> 01:37:57.840 so I would like to get a deeper presentation to include what does a 01:37:57.840 --> 01:38:02.280 secondary plan look like that can help even the small business owners who 01:38:02.280 --> 01:38:07.160 wouldn't qualify under the current presentation you can if we can make that 01:38:07.160 --> 01:38:11.760 happen then one other item I had is that over a year ago there was a presentation 01:38:11.760 --> 01:38:20.720 of the LG SW project and one of the questions that I had was the amount of 01:38:20.720 --> 01:38:26.720 greenhouse gas that would be produced under that new project and we haven't 01:38:26.720 --> 01:38:31.200 gotten that answer as of yet it was scheduled to come today from the staff 01:38:31.200 --> 01:38:49.040 we didn't have the update yet okay I want to third the pace thing along with 01:38:49.040 --> 01:38:55.280 mr. Stevens because it's that was I thought the most important thing of this 01:38:55.280 --> 01:39:00.760 presentation so if we could find because in my mind there's so many people out 01:39:00.760 --> 01:39:07.640 there that would like to have efficiency upgrades or to electrify your home but 01:39:07.640 --> 01:39:11.240 the upfront costs just make it not work but if there's a way to do this the 01:39:11.240 --> 01:39:14.760 commutable game-changer so I think it's definitely working soon the other thing 01:39:14.760 --> 01:39:21.840 and I don't know if this is concluding item or matrix but last time mr. Stevens 01:39:21.840 --> 01:39:24.880 had this clarity of training the trainers or talking about the presentation in the 01:39:24.880 --> 01:39:30.720 box I'm just wondering if there's any updates on that I'd like to start doing 01:39:30.720 --> 01:39:37.280 those presentations at first just with my students but then more generally so I 01:39:37.280 --> 01:39:40.760 don't know that's not necessarily a matrix item but we'll just close the 01:39:40.760 --> 01:39:46.080 this item and move on to last number two concluding items and kind of just 01:39:46.080 --> 01:39:51.880 reiterate that training the trainer for concluding items is that something that 01:39:51.880 --> 01:40:03.200 we can get started on it's available now so just one real short thing can we get 01:40:03.200 --> 01:40:15.120 an update on the response to the survey yes all right we will conclude our 01:40:15.120 --> 01:40:20.080 meeting thank you everyone for joining in 242