1 00:00:00,000 --> 00:00:07,800 Good morning and welcome to the City of Denton Economic Development Partnership 2 00:00:07,800 --> 00:00:16,600 Board meeting. Today May the 8th 2019 our meeting is beginning at 1108. We welcome 3 00:00:16,600 --> 00:00:24,040 everyone that's here in the room as well as our extensive television audience to 4 00:00:24,040 --> 00:00:30,280 the proceedings today. We have a number of items on the agenda the first of 5 00:00:30,280 --> 00:00:37,560 which is EDP19019. Consider the approval of economic development partnership 6 00:00:37,560 --> 00:00:42,840 board minutes from the April 10th meeting. We'll give everyone a few seconds 7 00:00:42,840 --> 00:00:47,980 excuse me a few a little bit to make sure they refresh themselves with the 8 00:00:47,980 --> 00:01:03,240 minutes and then we'll vote on those minutes. I move approval of the economic 9 00:01:03,240 --> 00:01:07,600 development partnership board meeting minutes from April 10th 2019 as 10 00:01:07,600 --> 00:01:14,120 previously submitted to members. Okay we have a motion on the floor for approval. 11 00:01:14,120 --> 00:01:26,640 Second. Okay Keely Briggs second. Discussion. I would like to discuss one 12 00:01:26,640 --> 00:01:39,160 of the items on the agenda regarding the downtown reinvestment grant. Let's see 13 00:01:44,400 --> 00:01:58,400 there was a $10,000 approval for Steve's Wine and Bar. Was there a previous 14 00:01:58,400 --> 00:02:04,240 approval on this do we know or is this the extent of the approval? On Steve's 15 00:02:04,240 --> 00:02:08,520 specifically? Yes. I believe that's the only time we have voted there was a time 16 00:02:08,520 --> 00:02:12,920 I think it was on the agenda but there was some kind of issue and so we didn't 17 00:02:12,920 --> 00:02:16,740 discuss it he came back and I believe final vote was. What that wasn't Steve's? 18 00:02:16,740 --> 00:02:21,080 Yeah that's the only time you looked at the one was last month was for 111 19 00:02:21,080 --> 00:02:25,640 industrial that was the okay the only time that this body has looked at it. And 20 00:02:25,640 --> 00:02:38,200 there was no discussion of the loophole last? Not on the last agenda. There being 21 00:02:38,200 --> 00:02:42,200 no further discussion all in favor of the minutes as presented signify by 22 00:02:42,200 --> 00:02:49,760 saying aye. Aye. All against same sign. Any abstentions? Okay thank you. Minutes 23 00:02:49,760 --> 00:02:57,960 move forward as approved. Erica have you been formally recognized by this board? 24 00:02:57,960 --> 00:03:02,440 Is this your first meeting? Oh a second meeting okay all right very good thank 25 00:03:02,440 --> 00:03:19,880 you thank you. Let's see yes. It is hard because I know some of you so I'm not a 26 00:03:19,880 --> 00:03:23,920 new face but to those of you who I don't know I'm I'm excited to meet you and 27 00:03:23,920 --> 00:03:28,760 excited to be here working with you and be a part of this board. I'm excited to 28 00:03:28,760 --> 00:03:35,320 be here. Thank you. Welcome welcome welcome. Thank you thank you very much. 29 00:03:35,320 --> 00:03:47,760 Let's see. ADP 19021 staff reports. I won't go over the economic development 30 00:03:47,760 --> 00:03:53,600 staff report in detail unless there are specific questions. I do want to call 31 00:03:53,600 --> 00:03:59,960 your attention to item four on the staff reports which is a future agenda item 32 00:03:59,960 --> 00:04:04,200 matrix. This is something that we do with City Council and with other boards and 33 00:04:04,200 --> 00:04:10,780 commissions to give you a sort of heads up of what items are coming and it's a 34 00:04:10,780 --> 00:04:16,200 planning tool for us to make sure we're not overloading an agenda with too many 35 00:04:16,200 --> 00:04:21,120 items. On that you'll see the meetings scheduled out through September. Can you 36 00:04:21,120 --> 00:04:26,240 tell us what page that is? It's page 30. Thank you so much. I appreciate it. I'm 37 00:04:26,240 --> 00:04:35,480 sorry. A side note to that would be the Chairman Rivers and I had discussed the 38 00:04:35,480 --> 00:04:41,680 possibility of holding a joint City Council EDP meeting and the first 39 00:04:41,680 --> 00:04:47,800 available City Council luncheon date is September 9th so I just wanted to add 40 00:04:47,800 --> 00:04:51,920 that to the list of items for your consideration in terms of planning out 41 00:04:51,920 --> 00:04:57,120 future meetings. I do not know if you if everyone is open to having a meeting on 42 00:04:57,120 --> 00:05:03,120 both the 9th and the 11th but that's certainly what I was working towards. 43 00:05:03,120 --> 00:05:11,640 So the 9th would be a Monday? The 9th is a Monday, yes sir. Can we take that under 44 00:05:11,640 --> 00:05:17,240 advisement and then? Absolutely. And I'm sure since Chairman Rivers kind of 45 00:05:17,240 --> 00:05:21,640 initiated that I'm sure he would have some input on that. Absolutely. We'll 46 00:05:21,640 --> 00:05:25,360 circle back with the board to make sure that everyone is good with the date 47 00:05:25,360 --> 00:05:39,680 that's chosen. Any further items Jessica? I do not have any and then I will defer 48 00:05:39,680 --> 00:05:45,840 to Erica or Karen in regards to the chamber reports if if there are any 49 00:05:45,840 --> 00:05:48,480 questions. 50 00:05:48,480 --> 00:05:58,400 Erica did you have an input? Did you would like to make a presentation today? 51 00:05:58,400 --> 00:06:04,960 I don't have one. So I'm not sure what page in your packet our report is on. 52 00:06:04,960 --> 00:06:09,760 I brought mine out base so I don't know if that page you guys have. Maybe 23 I believe it begins? 53 00:06:09,760 --> 00:06:16,880 So yeah if you guys have any questions about that, Karen or myself can 54 00:06:16,880 --> 00:06:26,840 likely answer those. We have a lot of marketing activities and opportunities coming forward so 55 00:06:26,840 --> 00:06:39,880 we're excited that that ball keeps moving. We're on track to be well ahead of all of our 56 00:06:39,880 --> 00:06:44,200 goals that have been set within the partnership by September of this year. 57 00:06:44,200 --> 00:06:54,680 Thank you. So where can you get more information on bullet point one? Karen do you have any more 58 00:06:54,680 --> 00:06:58,520 information about the lake farm? 59 00:06:58,520 --> 00:07:21,320 Lake farm is, this was their second site visit. First site visit was actually for 60 00:07:21,320 --> 00:07:28,000 a small 15,000 square foot office building. This one was a much more in 61 00:07:28,000 --> 00:07:34,920 depth concept. They are talking about doing 350, 400,000 square foot 62 00:07:34,920 --> 00:07:45,080 possibly multi buildings of a life science project campus. And we're still 63 00:07:45,080 --> 00:07:53,600 looking for sites. I have yet to find a 500 acre site right next to UNT or TWU. 64 00:07:53,600 --> 00:08:02,900 I just can't figure out how to make land like that. I'd like to try. Still in the 65 00:08:02,900 --> 00:08:10,640 concept stage we do not have a specific site or location. We've sent them probably 66 00:08:10,640 --> 00:08:14,560 close to about six or seven different sites. None of them have met with their 67 00:08:14,560 --> 00:08:20,880 approval yet. None of them have made them jump up and down. I'm trying to get 68 00:08:20,880 --> 00:08:30,080 discussions with Discover Park and back with TWU also. Maybe they'll have 69 00:08:30,080 --> 00:08:45,720 multiple sites and have a joint conference campus kind of feel to it. We're not sure yet. 70 00:08:45,720 --> 00:08:53,760 For clarification, is this a public or private campus? 71 00:08:53,760 --> 00:09:00,440 Well it's an office campus. So it's multiple buildings but they would be owned by the same people. 72 00:09:00,440 --> 00:09:06,640 So like a business park. Not a student campus at all. They may be 73 00:09:06,640 --> 00:09:12,480 doing research and development but not education. They would like to 74 00:09:12,480 --> 00:09:19,000 partner with UNT, TWU, maybe even Southwest Medical. That's just ballparks. 75 00:09:19,000 --> 00:09:23,760 Okay thank you for that. Is that within the confines of the city of Denton that 76 00:09:23,760 --> 00:09:28,680 you're looking to do? I know the master plan, at least I think I know the master 77 00:09:28,680 --> 00:09:34,900 plan at UNT is rather logjam. They don't have much room over there. 78 00:09:34,900 --> 00:09:53,960 Thank you. There being no more items to discuss on the staff reports, we'll move 79 00:09:53,960 --> 00:10:00,480 to EDP 19-020. Receive a report, hold discussion, make a 80 00:10:00,480 --> 00:10:05,280 recommendation to City Council regarding nominating Tyson Sales and 81 00:10:05,280 --> 00:10:10,120 Distribution Inc. to the Office of the Governor, Economic Development and 82 00:10:10,120 --> 00:10:17,240 Tourism through the Economic Development Bank. Erika? Good morning. Good morning. 83 00:10:17,240 --> 00:10:21,560 I'm going to be providing a brief overview of the Tyson project that you 84 00:10:21,560 --> 00:10:25,800 looked at recently and the request for state assistance through the Texas 85 00:10:25,800 --> 00:10:31,200 enterprising program. Which page number in the report? 31 is the beginning. Thank 86 00:10:31,200 --> 00:10:41,840 you. As you may recall, Tyson based in Springfield, Arkansas provides 87 00:10:41,840 --> 00:10:45,400 refrigerated warehousing and distribution services to a number of 88 00:10:45,400 --> 00:10:51,880 Tyson food companies listed here. They generated 38 billion in sales in 2017 89 00:10:51,880 --> 00:11:01,480 and employ 122,000. The local project Tyson is constructing a 350,000 90 00:11:01,480 --> 00:11:06,880 square foot, highly automated refrigerated distribution center and that 91 00:11:06,880 --> 00:11:12,160 will include gantry, robots, pallet conveyors and a monorail and they plan 92 00:11:12,160 --> 00:11:17,280 to ship 700 pounds of product annually and will employ 100 at the distribution 93 00:11:17,280 --> 00:11:24,880 center and their total investment in the project is 52 million. The facility will 94 00:11:24,880 --> 00:11:30,160 be located on 65 acres at the southeast corner of Western and Jim Crystal in the 95 00:11:30,160 --> 00:11:34,920 West Park Tours. Tyson's business personal property investment is 96 00:11:34,920 --> 00:11:41,000 quite significant at 29 million so Tyson received an abatement of 25% of their BPP 97 00:11:41,000 --> 00:11:45,160 only which does not go into the Tours for a period of six years and this was 98 00:11:45,160 --> 00:11:51,400 approved by Council back in February. And the objective today is for this board to 99 00:11:51,400 --> 00:11:55,280 make a recommendation on the nomination of Tyson sales and distribution to the 100 00:11:55,280 --> 00:11:59,280 Texas Enterprise Zone program and this is accomplished through a resolution for 101 00:11:59,280 --> 00:12:06,000 consideration by Council. We're looking at going on the 21st. And a little bit 102 00:12:06,000 --> 00:12:10,960 about the Texas Enterprise Zone program. It's a state program, it's an economic 103 00:12:10,960 --> 00:12:14,680 tool to provide job creation and capital investment in economically distressed 104 00:12:14,680 --> 00:12:20,280 areas of the state of Texas. Applicants are eligible apply for state sales and 105 00:12:20,280 --> 00:12:24,880 use tax refunds through this program and it provides state reimbursement based on 106 00:12:24,880 --> 00:12:29,040 their capital investment and jobs created or retained for economically 107 00:12:29,040 --> 00:12:34,080 disadvantaged individuals and also for veterans. A local incentive is required 108 00:12:34,080 --> 00:12:39,200 for a company to be able to apply for the Texas Enterprise Zone program. 109 00:12:40,600 --> 00:12:55,200 We have a question here. So on the last one are they is this incentive or a 110 00:12:55,200 --> 00:13:00,920 refund I'm sorry is this refund based on the amount of individuals they hire that 111 00:13:00,920 --> 00:13:05,260 fall into this category? Yes they have they're required to have 25% if they're 112 00:13:05,260 --> 00:13:09,200 in the zone and 35% if they're outside of the zone and they're in the zone. So 113 00:13:09,200 --> 00:13:16,880 25% of the 100 jobs that they're going to have here would be veterans or 114 00:13:16,880 --> 00:13:23,240 disadvantaged individuals? Yes so they would either need to be located in this 115 00:13:23,240 --> 00:13:27,960 area live in this area which there's quite a big tract or they would be 116 00:13:27,960 --> 00:13:35,720 veterans in this area. Oh okay okay so it's about location not about someone's 117 00:13:35,720 --> 00:13:43,160 personal yes it's based on poverty rate licenses tract. Oh okay okay so it's not 118 00:13:43,160 --> 00:13:47,640 it's not an individual person experiencing poverty so they wouldn't 119 00:13:47,640 --> 00:13:53,000 necessarily have to hire somebody who is disadvantaged as long as they just live 120 00:13:53,000 --> 00:13:58,840 in this zone yes so they could hire in any actually any zone in the city that 121 00:13:58,840 --> 00:14:09,440 meets the economic distress criteria. So this map shows the enterprise zone 122 00:14:09,440 --> 00:14:13,600 we were discussing it's highlighted the part that's eligible and the location 123 00:14:13,600 --> 00:14:16,440 determines like I was just discussing the percent of new employees that must 124 00:14:16,440 --> 00:14:20,880 meet the criteria since Tyson's inside like I said it's 25% if it would have 125 00:14:20,880 --> 00:14:27,160 been outside it would have been 35%. And then the benefits to Tyson itself is a 126 00:14:27,160 --> 00:14:31,840 state sales and use tax up to 250,000 depending on how many of their 100 they 127 00:14:31,840 --> 00:14:37,440 qualify so it's 2,500 a job and it might be less but that would be the most. And 128 00:14:37,440 --> 00:14:44,960 then to Dutton 25% of new jobs created or also positions that turn over by 129 00:14:44,960 --> 00:14:48,480 people who are economically disadvantaged residents of 130 00:14:48,480 --> 00:14:51,360 enterprise zone within the city's jurisdiction that we talked about or 131 00:14:51,360 --> 00:14:57,560 veterans and then jobs created are certified by the governor's office of 132 00:14:57,560 --> 00:15:02,720 economic and tourism and must be maintained for a period of three years. 133 00:15:02,720 --> 00:15:09,000 Nominating Tyson enables Tyson to assist Dutton to assist the company in 134 00:15:09,000 --> 00:15:14,160 receiving significant state sales tax refunds and then nominating Tyson the 135 00:15:14,160 --> 00:15:22,280 program has no fiscal impact to the city. I'd be happy to entertain questions 136 00:15:22,280 --> 00:15:28,240 about the program or Tyson itself. Kind of a similar question I think it has to 137 00:15:28,240 --> 00:15:34,120 do with eight of ten on page on your slide presentation eight of ten it talks 138 00:15:34,120 --> 00:15:40,120 about benefits to Denton I think piggybacking on councilperson Briggs's 139 00:15:40,120 --> 00:15:44,960 question as far as 25% of new jobs created or existing positions that 140 00:15:44,960 --> 00:15:49,760 turnover will be filled by people who are either economically disadvantaged 141 00:15:49,760 --> 00:15:54,040 our residents of an enterprise zone within the city's jurisdiction or our 142 00:15:54,040 --> 00:15:59,320 veterans so is this just is this a goal because the way it's kind of stated it 143 00:15:59,320 --> 00:16:03,560 makes it sound like there's some kind of requirement so there is a requirement 144 00:16:03,560 --> 00:16:07,240 that they're economically disadvantaged we have a number of zones in the city 145 00:16:07,240 --> 00:16:13,400 itself now because we've granted about six okay so they have to hire a certain 146 00:16:13,400 --> 00:16:18,080 number of people from a certain regional from a certain jurisdiction that's put 147 00:16:18,080 --> 00:16:21,960 forward as economically disadvantaged yes it's done by the poverty rate by 148 00:16:21,960 --> 00:16:26,200 census tract so yes there is some kind of requirement that so many people from 149 00:16:26,200 --> 00:16:30,240 an economically distressed area are hired 150 00:16:30,240 --> 00:16:37,640 economically distressed my question yeah so I mean that would be they don't review like tax return it's or anything they just right yeah kind of 151 00:16:37,640 --> 00:16:44,920 guesstimate because they live in an area that's not as economically prosperous 152 00:16:44,920 --> 00:16:53,440 the governor's office of economic and development and tourism is who monitors 153 00:16:53,440 --> 00:16:56,800 that and then the state comptroller's who's responsible for sales and use taxes 154 00:16:56,800 --> 00:17:01,960 so those are the two agencies involved I move we move forward on the staff 155 00:17:01,960 --> 00:17:13,320 recommendation to nominate Tyson for said assistance from the state we have a 156 00:17:13,320 --> 00:17:33,000 motion on the floor hearing a second we have a second further discussion no 157 00:17:33,000 --> 00:17:36,680 further discussion all in favor of accepting the staff's recommendation 158 00:17:36,680 --> 00:17:46,000 signify by saying aye aye all against same sign I won against any abstentions 159 00:17:46,000 --> 00:17:49,000 thank you 160 00:17:49,000 --> 00:18:01,960 the next item on the agenda is EDP one nine zero two two receive a report and 161 00:18:01,960 --> 00:18:07,080 hold discussions regarding activities and develop excuse me development at 162 00:18:07,080 --> 00:18:15,120 Denton Enterprise Airport Mr. Chairman members of the board good morning I'm 163 00:18:15,120 --> 00:18:18,920 Scott Gray the airport manager I have a short presentation be happy to answer 164 00:18:18,920 --> 00:18:23,520 any questions as I go through them as well I'm happy to be with you again for 165 00:18:23,520 --> 00:18:28,880 the second time I think the first time I I was here was back in July of 17 I'd 166 00:18:28,880 --> 00:18:33,320 only been with the city for about a month or so so here are two years later 167 00:18:33,320 --> 00:18:37,840 and I'm invited back so hopefully the information I have for you today is 168 00:18:37,840 --> 00:18:43,720 exciting to me being here for two years and it'll be exciting for you as well 169 00:18:43,720 --> 00:18:50,000 just a little bit of the statistical information not a lot has changed here 170 00:18:50,000 --> 00:18:54,640 specifically for the airport just maybe some updated information to kind of get 171 00:18:54,640 --> 00:19:00,920 you up to date to 2018 stats 84 ground leases so those are various businesses 172 00:19:00,920 --> 00:19:07,160 for aviation use or they could be private so they have a language from the 173 00:19:07,160 --> 00:19:10,240 city and they'll have their own private hangar and store their own aircraft 174 00:19:10,240 --> 00:19:15,080 about 30 businesses at the airport ranging from flight training to full 175 00:19:15,080 --> 00:19:22,680 maintenance to fixed base operator there's also sales charter so there's a 176 00:19:22,680 --> 00:19:26,280 number of different businesses that are encompassed at the airport as well 177 00:19:26,280 --> 00:19:30,440 340 based airplanes so that ranges from small single-engine all the way up to 178 00:19:30,440 --> 00:19:36,120 corporate jets we do have one runway you can see it right here in the middle at 179 00:19:36,120 --> 00:19:40,600 this point goes from here to here it's a 7,000 foot runway allows us to 180 00:19:40,600 --> 00:19:44,640 accommodate pretty much any corporate aircraft that's available in the fleet 181 00:19:44,640 --> 00:19:51,240 today so what does that mean 737s it's called a Boeing business jet when it's 182 00:19:51,240 --> 00:19:56,320 used for general aviation purposes so we can handle those aircraft we have about 183 00:19:56,320 --> 00:20:05,480 929 acres it takes up mostly what you see around this perimeter right here is 184 00:20:05,480 --> 00:20:09,800 the airport and I'll get into some of the development opportunities that we're 185 00:20:09,800 --> 00:20:15,960 looking at in the future just under 150,000 operations for 2018 I believe 186 00:20:15,960 --> 00:20:22,080 our peak was about 164 so we're on the way back up after a little bit of a 187 00:20:22,080 --> 00:20:30,760 downturn but we've we're on the pace now to break 150 for 2019 and we do pump 188 00:20:30,760 --> 00:20:37,040 about 1.7 million gallons of aviation fuel so be it jet fuel for the jet 189 00:20:37,040 --> 00:20:44,240 aircraft or it or avgas for the smaller aircraft this is probably one of the 190 00:20:44,240 --> 00:20:49,280 things that most people just don't understand a lot of folks believe that 191 00:20:49,280 --> 00:20:53,600 we're just a small general aviation airport with not much going on I'm here 192 00:20:53,600 --> 00:20:58,120 to tell you that that is just not the case we are the eight busiest airport in 193 00:20:58,120 --> 00:21:03,200 the state of Texas so we're behind all of the big airports that you can think of 194 00:21:03,200 --> 00:21:09,520 DFW Houston Intercontinental all of those airports are just above us and we are 195 00:21:09,520 --> 00:21:13,760 number eight I believe the last time I spoke to you we were number seven and the 196 00:21:13,760 --> 00:21:17,000 reason we're number eight now is there's a couple of airports in the metroplex 197 00:21:17,000 --> 00:21:20,880 that depending upon where the flight students go fly for the various months 198 00:21:20,880 --> 00:21:24,960 it just kind of jockeys back and forth but we are we are currently number eight 199 00:21:24,960 --> 00:21:30,600 we are the fourth busiest contract air traffic control tower in the system so 200 00:21:30,600 --> 00:21:34,520 that's throughout the country and the 89th busiest airport in the country 201 00:21:34,520 --> 00:21:39,800 that's pretty significant as well there are over 5,000 airports in the United 202 00:21:39,800 --> 00:21:44,640 States so we are in the top 100 and you can see in this picture just happens to 203 00:21:44,640 --> 00:21:49,200 be some of our military visitors that they do stop here and get fuel cross 204 00:21:49,200 --> 00:21:55,400 country now and time and again probably what's of interest to you is the 205 00:21:55,400 --> 00:22:00,800 economic impact I did include in your packet I think it's exhibit number two 206 00:22:00,800 --> 00:22:07,080 looks like this this is just the the piece about Denton itself this is the 207 00:22:07,080 --> 00:22:13,920 full economic impact study summary and I'll pass that around so you can take a 208 00:22:13,920 --> 00:22:25,960 look at that thank you but let me highlight what that study did identify 209 00:22:25,960 --> 00:22:34,720 the the presence of Denton Enterprise Airport in the city is 1435 jobs so are 210 00:22:34,720 --> 00:22:41,320 there 1435 jobs at the airport no there those are all of the jobs associated 211 00:22:41,320 --> 00:22:45,560 with the presence of the airport so it could include all the ancillary services 212 00:22:45,560 --> 00:22:50,480 for the businesses that are out there could be hotel could be rental car so 213 00:22:50,480 --> 00:22:53,960 it's the it includes all of the ancillary jobs that are associated with 214 00:22:53,960 --> 00:22:59,120 the with having the airport here in the city the payroll at the airport is 215 00:22:59,120 --> 00:23:04,760 approximately 46 million dollars and then the goods and services approximately 216 00:23:04,760 --> 00:23:11,240 146 thousand or excuse me million dollars as well that that has increased 217 00:23:11,240 --> 00:23:15,920 since the last time they did their study but again it is pretty significant put 218 00:23:15,920 --> 00:23:21,720 that into perspective there's 264 general aviation airports in the state 219 00:23:21,720 --> 00:23:29,600 we are number 11 on that list for total economic impact I'll get us to 10 so we 220 00:23:29,600 --> 00:23:35,200 can be in the top 10 you have a time frame on that I'm when you're gonna 221 00:23:35,200 --> 00:23:42,520 invite me back I'll do my best some of the major service providers and some of 222 00:23:42,520 --> 00:23:47,140 these names probably look familiar they you probably had discussions with them 223 00:23:47,140 --> 00:23:51,360 yourself US Aviation Academy is our large international flight training they're 224 00:23:51,360 --> 00:23:55,680 actually doing domestic flight training now as well at Denton US Jet Center is 225 00:23:55,680 --> 00:23:59,840 our FBO or fixed base operator they're basically like our concierge that you 226 00:23:59,840 --> 00:24:03,160 would have at the hotel they meet and greet all of the visitors provide them 227 00:24:03,160 --> 00:24:09,000 fuel arrange for hotels whatever they the passengers may need med trans which 228 00:24:09,000 --> 00:24:16,080 is a fairly new facility I believe they opened in December of 18 yes it's 229 00:24:16,080 --> 00:24:21,880 December of 18 they are a medical air ambulance company that moved their 230 00:24:21,880 --> 00:24:25,600 corporate headquarters from Lewisville to Denton and then they also incorporated 231 00:24:25,600 --> 00:24:30,120 all of their flight training for their helicopter pilots so every helicopter 232 00:24:30,120 --> 00:24:36,000 pilot in their system and they have probably over 90 locations in the United 233 00:24:36,000 --> 00:24:41,280 States every helicopter pilot in their system comes to Denton every 90 days to 234 00:24:41,280 --> 00:24:45,360 do retraining which is pretty significant a lot of companies don't don't have that 235 00:24:45,360 --> 00:24:49,200 kind of retraining but every one of them come they fly their helicopters at 236 00:24:49,200 --> 00:24:54,600 Denton they do all of their night vision training and so forth when our when I 237 00:24:54,600 --> 00:24:58,600 get to the end of the slide here you'll see our newest facility that's going to 238 00:24:58,600 --> 00:25:02,080 come along that's going to help them actually train even more at our airport 239 00:25:02,080 --> 00:25:06,680 because it will provide them another landing choice that doesn't interrupt 240 00:25:06,680 --> 00:25:11,680 other traffic as I mentioned before we have about 30 businesses so there's 24 241 00:25:11,680 --> 00:25:15,720 other businesses that are located at the airport these are just happen to be our 242 00:25:15,720 --> 00:25:24,240 top just a moment on the the development opportunities this is the the east side 243 00:25:24,240 --> 00:25:27,720 of the airport the airport terminal building is right here in this location 244 00:25:27,720 --> 00:25:34,480 Airport Road or 1515 is right here and this is Westcourt what you see in the in 245 00:25:34,480 --> 00:25:39,200 the red is already under lease agreement matter of fact site number five which 246 00:25:39,200 --> 00:25:44,000 you see right here and site number seven were just recently approved this one 247 00:25:44,000 --> 00:25:47,400 last night this one a month ago by the City Council so they're going to be 248 00:25:47,400 --> 00:25:52,120 starting construction on those two facilities corporate hanger and office 249 00:25:52,120 --> 00:25:58,080 in this location and this will be several large hangars that can 250 00:25:58,080 --> 00:26:02,920 accommodate large corporate jets in this in site number seven what you see in the 251 00:26:02,920 --> 00:26:07,200 green is what's left that's all that we have left available it's it's give or 252 00:26:07,200 --> 00:26:12,440 take seven to eight acres on this side of the airport there has been some 253 00:26:12,440 --> 00:26:16,320 interest in a number of these facilities over here and we're working those folks 254 00:26:16,320 --> 00:26:22,120 through the process to determine who would be interested question oh I'm 255 00:26:22,120 --> 00:26:29,840 sorry could you point out the future area where the fire fire station certain 256 00:26:29,840 --> 00:26:35,440 the the terminal building is located right here and the fire station would go 257 00:26:35,440 --> 00:26:40,880 right here right next to the terminal building just just to the just to the 258 00:26:40,880 --> 00:26:47,400 site and that was reserved by council a number of months ago so that site is 259 00:26:47,400 --> 00:26:50,960 reserved for the future fire station it's such time that the fire department 260 00:26:50,960 --> 00:26:55,440 determines that they need that that extra station and again it's called the 261 00:26:55,440 --> 00:26:59,760 airport fire station but it's not just for the airport it will have our 262 00:26:59,760 --> 00:27:03,880 services which is aircraft rescue and firefighting but it'll also be used to 263 00:27:03,880 --> 00:27:08,040 respond to the industrial area adjacent to the airport is there currently a 264 00:27:08,040 --> 00:27:12,880 station in place at the airport I wouldn't call it a station there's a 265 00:27:12,880 --> 00:27:18,980 there's a storage facility right over here that we have a fire truck that is 266 00:27:18,980 --> 00:27:22,360 stored there so when there is a incident that the fire department 267 00:27:22,360 --> 00:27:26,560 responds to they go to that location and use that truck to respond to the 268 00:27:26,560 --> 00:27:31,480 incident response time response times about five minutes at most they either 269 00:27:31,480 --> 00:27:35,040 respond from station three or station seven station three being the one by 270 00:27:35,040 --> 00:27:44,200 UNT station seven is is just south of the airport thank you isn't there other 271 00:27:44,200 --> 00:27:49,720 things that our airport could qualify for once we get I am an actual fire 272 00:27:49,720 --> 00:27:54,200 station on the campus or is am I thinking of something else you're 273 00:27:54,200 --> 00:27:59,920 probably thinking about what I think my next slide is and that's part 139 I'll 274 00:27:59,920 --> 00:28:05,240 get it I'll touch upon that I think it might be the next slide actually a 275 00:28:05,240 --> 00:28:08,740 little more exciting than part 139 let's talk about the West parallel runway 276 00:28:08,740 --> 00:28:15,360 then I'll get to 139 as many of you know we are in the process of constructing 277 00:28:15,360 --> 00:28:22,120 the West parallel runway it started in November of last year we are about 60% 278 00:28:22,120 --> 00:28:27,040 complete with that runway this is a drawing that shows where it will be 279 00:28:27,040 --> 00:28:31,840 here's our primary runway here and this would be the the runway that's being 280 00:28:31,840 --> 00:28:35,920 constructed we are about 60% completed scheduled to be completed in the first 281 00:28:35,920 --> 00:28:43,400 part of September that runway that runway is mainly to separate traffic for safety 282 00:28:43,400 --> 00:28:47,840 so you have slow slower airplanes training airplanes and faster corporate 283 00:28:47,840 --> 00:28:52,240 airplanes by separating that traffic you make a safer operating environment plus 284 00:28:52,240 --> 00:28:55,640 we have a large number of training aircraft that operate on a daily basis 285 00:28:55,640 --> 00:29:01,120 sometimes it's difficult to get to the primary runway because there's a line of 286 00:29:01,120 --> 00:29:05,440 eight or ten airplanes that are waiting to get out and when corporate airplanes 287 00:29:05,440 --> 00:29:09,440 fly they typically fly on what's called instrument flight rules and they have 288 00:29:09,440 --> 00:29:12,520 certain amount of time that they have to get to the end of the runway and have to 289 00:29:12,520 --> 00:29:17,640 depart or they get held on the ground until DFW radar control can allow them 290 00:29:17,640 --> 00:29:21,600 to go and mix them into the rest of the traffic so this will help separate that 291 00:29:21,600 --> 00:29:26,440 traffic and not cause them any delays that project is a six point four 292 00:29:26,440 --> 00:29:33,040 million dollar project it's an 85 15 percent grant from text on cited that 293 00:29:33,040 --> 00:29:37,840 that project was initially eight point nine million dollar project but the bids 294 00:29:37,840 --> 00:29:42,720 came in extremely well as you can tell there for almost three million dollars 295 00:29:42,720 --> 00:29:47,480 less than what was anticipated which was great for the for the city it saved us 296 00:29:47,480 --> 00:29:50,680 some capital monies that we could be using for some other projects as we move 297 00:29:50,680 --> 00:29:54,640 forward again this project is is anticipated to be completed in September 298 00:29:54,640 --> 00:29:58,840 and I'll show you a picture here in just a minute is the can you go back one 299 00:29:58,840 --> 00:30:05,720 slide yes thank you is the the purple on both sides is that are those acreage set 300 00:30:05,720 --> 00:30:11,120 aside for the takeoff so that's just saying that's called the runway protection 301 00:30:11,120 --> 00:30:14,520 zones and those those properties were purchased by the city a number of years 302 00:30:14,520 --> 00:30:18,680 ago you you protect that area so you don't have any development in that area 303 00:30:18,680 --> 00:30:24,680 because you can see is right off the end of the runway thank you you can see this 304 00:30:24,680 --> 00:30:28,880 picture actually was taken by the Civil Air Patrol for us they go up there based 305 00:30:28,880 --> 00:30:33,680 at the airport and they go up and do various photos around the state and they 306 00:30:33,680 --> 00:30:36,800 sent us a few and you can see this is where the construction is taking place 307 00:30:36,800 --> 00:30:40,960 this one's probably about a month old so you can see a lot of the earthwork was 308 00:30:40,960 --> 00:30:47,160 being done here so the runway ends up being about right in this location that 309 00:30:47,160 --> 00:30:52,400 picture is significantly changed in a month they have done quite a bit of work 310 00:30:52,400 --> 00:30:56,540 we had anticipate the paving coming along probably in the second week of 311 00:30:56,540 --> 00:31:01,860 June so we had about another month worth of of earthwork we have four hundred 312 00:31:01,860 --> 00:31:06,360 thousand cubic yards of dirt that has to be moved around to make that runway 313 00:31:06,360 --> 00:31:11,720 work a lot of that dirt is actually going to be surplused right over in this 314 00:31:11,720 --> 00:31:18,320 area the tech stock will be able to use for the loop freeway for the crossing so 315 00:31:18,320 --> 00:31:22,480 we'll be working with them to allow them to use that to hopefully expedite that 316 00:31:22,480 --> 00:31:27,440 that roadway and I'll get into what that means the airport in just a minute the 317 00:31:27,440 --> 00:31:32,240 runway itself once it's completed we'll still have two subsequent projects one 318 00:31:32,240 --> 00:31:37,000 we just got the grant yesterday so we'll be moving forward with the design for 319 00:31:37,000 --> 00:31:39,800 that which is the runway lighting project so the runway is being built 320 00:31:39,800 --> 00:31:43,160 without lights so it'll be used just during the daytime but I've been 321 00:31:43,160 --> 00:31:46,880 working with tech start to expedite that project and we're hoping that we'll 322 00:31:46,880 --> 00:31:51,040 have the lighting actually installed before the end of the year that'll give 323 00:31:51,040 --> 00:31:57,240 us a fully functional day/night runway also in conjunction with that the FAA is 324 00:31:57,240 --> 00:32:01,880 working on instrument approaches to that runway so they're called GPS approaches 325 00:32:01,880 --> 00:32:11,080 that'll allow it to be full weather active for any aircraft so let me talk 326 00:32:11,080 --> 00:32:16,280 for a moment about a new initiative that we talked to the council a number of 327 00:32:16,280 --> 00:32:20,120 months ago it's been in the airport master plan as well and the business plan 328 00:32:20,120 --> 00:32:25,920 that this body actually was party to back in 2011 I believe it was is the 329 00:32:25,920 --> 00:32:31,440 acquisition of an airport certification or FAA part 139 and what part 139 allows 330 00:32:31,440 --> 00:32:36,160 us to do is accommodate unscheduled charter aircraft with greater than 30 331 00:32:36,160 --> 00:32:42,160 seats so really what does that mean to the airport in the city right now UNT 332 00:32:42,160 --> 00:32:49,880 sports charters all go to Alliance and their and their rivals they go there as 333 00:32:49,880 --> 00:32:54,240 well so this would allow them to operate in and out of their hometown airport and 334 00:32:54,240 --> 00:32:59,200 bring in all of their competitors into our facility as well also the Texas 335 00:32:59,200 --> 00:33:03,400 Motor Speedway charters that are associated with that there's there's 336 00:33:03,400 --> 00:33:07,060 really two types of charters and I won't I won't bore you with the FAA details 337 00:33:07,060 --> 00:33:12,600 but we do get some now they operate under a certain provision of FAA rules 338 00:33:12,600 --> 00:33:16,360 by having this certificate it would allow them all to be able to operate at 339 00:33:16,360 --> 00:33:23,200 our facility we've had them in the past some of the sports teams do still come 340 00:33:23,200 --> 00:33:27,520 in under certain provisions and some of the raceway charters do come in but this 341 00:33:27,520 --> 00:33:32,680 will open it up to all of them so the timing here with this particular project 342 00:33:32,680 --> 00:33:38,080 is the initial FAA inspection that was completed and we will we will be 343 00:33:38,080 --> 00:33:42,000 analyzing that information and determining what what capital impacts 344 00:33:42,000 --> 00:33:45,520 there might be in order to make that happen many of the items that they 345 00:33:45,520 --> 00:33:49,000 identified were items that were already in the process of having tech stock 346 00:33:49,000 --> 00:33:53,880 grants to address anyway so we believe that it won't be too significant to to 347 00:33:53,880 --> 00:33:58,720 do that my background I like operating a general aviation airport as if we were 348 00:33:58,720 --> 00:34:02,560 part 139 anyway because it's just the right thing to do at safety so we 349 00:34:02,560 --> 00:34:07,620 operate that way now so we have our our employees trained we do all of the 350 00:34:07,620 --> 00:34:11,880 requirement and paperwork that we do for 139 anyway we're already doing that so 351 00:34:11,880 --> 00:34:16,240 it will be far along the path on that so the next item we have to do is submit a 352 00:34:16,240 --> 00:34:22,080 airport certification manual for FAAs consideration it usually takes 9 to 12 353 00:34:22,080 --> 00:34:27,360 months we've heard sometimes many as two years it just depends on FAAs 354 00:34:27,360 --> 00:34:33,360 workload our intent is to look at some similar airports Tuscaloosa Alabama 355 00:34:33,360 --> 00:34:37,720 happens to be one that would be looking at the same size as we are with the same 356 00:34:37,720 --> 00:34:41,040 type of certificate and they accommodate the University of Alabama's 357 00:34:41,040 --> 00:34:45,720 traffic so we're hoping that that will give us some insight and maybe fast-track 358 00:34:45,720 --> 00:34:51,360 our approval process so although it's got the same information there on the 359 00:34:51,360 --> 00:34:56,160 left I just wanted to show you types of airplanes for me I know what they are 360 00:34:56,160 --> 00:34:59,400 for you folks you might not understand what the airplanes look like the one 361 00:34:59,400 --> 00:35:03,680 there on the bottom is a 737 which if you've flown southwest at all it's 362 00:35:03,680 --> 00:35:08,840 pretty much their entire fleet that happens to be a charter aircraft that 363 00:35:08,840 --> 00:35:12,480 does sports charters looks just like a regular passenger aircraft the one on 364 00:35:12,480 --> 00:35:19,160 the top is an Embraer 135 it's just a smaller aircraft that can accommodate 365 00:35:19,160 --> 00:35:25,360 they've got different models 35 50 and 75 passengers so those we've had come in 366 00:35:25,360 --> 00:35:29,420 before we actually had nine of those come in for the race not last year but 367 00:35:29,420 --> 00:35:32,720 the year before we had nine of those particular airplanes with the race teams 368 00:35:32,720 --> 00:35:40,280 that all came in so with that I'll be happy to go back 369 00:35:40,280 --> 00:35:51,360 yeah so do we advertise to all the people at Texas Motor Speed Brakes how do we get that information about our airport because 370 00:35:51,360 --> 00:35:58,160 Alliance is just right there like how what are we doing it's a great question 371 00:35:58,160 --> 00:36:02,720 there's a couple of things that are actually in play sometimes it's economic 372 00:36:02,720 --> 00:36:07,020 development department and the chamber that helps us with that our fixed base 373 00:36:07,020 --> 00:36:11,880 operator obviously they're kind of the marketing arm of aviation if you will 374 00:36:11,880 --> 00:36:15,760 they're the ones that meet and greet everybody they do quite a bit of work 375 00:36:15,760 --> 00:36:21,200 meeting with those folks I've also been in contact with the Texas Motor Speed 376 00:36:21,200 --> 00:36:25,560 Speedway myself and have talked to them about 139 and what that means and 377 00:36:25,560 --> 00:36:30,400 they're telling all of their customers that that will be coming as well we also 378 00:36:30,400 --> 00:36:34,720 work with the NBA which is the National Business Aircraft Association and I'll 379 00:36:34,720 --> 00:36:38,840 be talking with them actually tomorrow and they will be assisting us in that 380 00:36:38,840 --> 00:36:47,280 venture as well I also had a question mr. Gray do we get landing fees no sir we 381 00:36:47,280 --> 00:36:51,980 do not charge a landing fee at our airport the only airport other than DFW 382 00:36:51,980 --> 00:36:56,540 and Dallas Love Field to charge the landing field is Alliance none of the 383 00:36:56,540 --> 00:37:04,640 other fields do is there reason we don't yes I guess it's a simple answer to be 384 00:37:04,640 --> 00:37:09,520 competitive if you look at some of our our competitive airports you're talking 385 00:37:09,520 --> 00:37:15,880 about Addison Fort Worth Meacham McKinney those are really kind of our 386 00:37:15,880 --> 00:37:21,560 sister airports if you will if we charge a landing fee the operators of those 387 00:37:21,560 --> 00:37:25,760 aircraft have a they have an opportunity to choose a number of other places to go 388 00:37:25,760 --> 00:37:29,340 that they wouldn't have to charge or didn't get charged a landing fee some of 389 00:37:29,340 --> 00:37:34,240 those competitors are maybe a more strategically located than we are to the 390 00:37:34,240 --> 00:37:39,080 downtown markets whether it be Fort Worth or Dallas so at this particular 391 00:37:39,080 --> 00:37:43,780 time it wouldn't be advisable to although the revenue would be nice to 392 00:37:43,780 --> 00:37:47,960 have the additional revenue I think it would put us at a disadvantage compared 393 00:37:47,960 --> 00:37:53,880 to our sister so is our revenue basically gasoline or excuse me fuel and 394 00:37:53,880 --> 00:38:00,240 maintenance our revenues are really derived from land leases and from fuel 395 00:38:00,240 --> 00:38:12,000 fuel thank you question I didn't say that thank you for asking that question 396 00:38:12,000 --> 00:38:17,640 our existing runway is 7,000 and 2 feet our new runway will be 5,000 feet by 75 397 00:38:17,640 --> 00:38:21,640 feet again it's it'll accommodate most of the corporate airplanes but not all 398 00:38:21,640 --> 00:38:25,160 of them again if the main runway happens to be down for maintenance or there's a 399 00:38:25,160 --> 00:38:28,400 situation on the main runway we can accommodate the vast majority of our 400 00:38:28,400 --> 00:38:39,360 traffic on that on the second one any other questions hearing none thank you so 401 00:38:39,360 --> 00:38:42,600 much thank you presentation 402 00:38:47,120 --> 00:39:00,960 let's see the next agenda item is EDP 19-024 receiver report and hold the 403 00:39:00,960 --> 00:39:05,000 discussion and make a recommendation to City Council regarding a downtown 404 00:39:05,000 --> 00:39:11,360 reinvestment grant for 119 West Hickory the loophole the downtown task force 405 00:39:11,360 --> 00:39:19,840 recommends a grant in the amount of 10,000 approved by a vote of 4 to 1 I'm 406 00:39:19,840 --> 00:39:23,480 giving you some information that is on a slide in my presentation but it's very 407 00:39:23,480 --> 00:39:32,120 hard to see on this slide so just make it a little easier for you there so this 408 00:39:32,120 --> 00:39:36,920 is 119 West Hickory right on the face of the square this is the loophole we do 409 00:39:36,920 --> 00:39:40,040 have the owners with us today Charlie and Lindsay Nolot so if you have some 410 00:39:40,040 --> 00:39:43,680 questions at the end they're here to answer any questions that I might not be 411 00:39:43,680 --> 00:39:49,600 able to address just giving you kind of a view through the ages here in 1940s it 412 00:39:49,600 --> 00:39:55,960 was Lamode department store in 1960s it was like a collegiate shop the last one 413 00:39:55,960 --> 00:40:02,920 is the drawing of the improvements that the owners are currently making this is 414 00:40:02,920 --> 00:40:08,440 just a sketch what they're going to do is recess the front so they have kind of 415 00:40:08,440 --> 00:40:13,360 a patio area here there will be doors that can open or close on the sidewalk 416 00:40:13,360 --> 00:40:20,120 the signage is new and this is a kind of a bird's-eye view looking down at that 417 00:40:20,120 --> 00:40:29,280 new patio section and as as was brought up earlier this you have looked at this 418 00:40:29,280 --> 00:40:38,560 particular building before so back and she'll look at your backup back in February you 419 00:40:38,560 --> 00:40:42,640 looked at this after the Historic Landmark Commission had approved the 420 00:40:42,640 --> 00:40:47,600 changes and the downtown task force had approved the changes it went to council 421 00:40:47,600 --> 00:40:54,160 in March and they approved that particular grant for $5,000 the owners 422 00:40:54,160 --> 00:41:00,240 came to that meeting and requested that given they had some new some new things 423 00:41:00,240 --> 00:41:04,260 they were doing some new charges and asked if they could come back to the 424 00:41:04,260 --> 00:41:09,400 task force and so we we did another application so this is a brand new 425 00:41:09,400 --> 00:41:14,040 application not nothing to do with the very first one this is the first budget 426 00:41:14,040 --> 00:41:20,840 just to kind of give you that background so the planned improvements right now are to 427 00:41:20,840 --> 00:41:27,680 restore that facade to the 30s 40s kind of that historic look the signage some 428 00:41:27,680 --> 00:41:32,800 interior improvements which includes some custom booths they're kind of 429 00:41:32,800 --> 00:41:37,080 playing on the Bonnie and Clyde theme inside and they're going to do some 430 00:41:37,080 --> 00:41:41,520 things on their menu for about Bonnie and Clyde an improved stage area for some 431 00:41:41,520 --> 00:41:48,560 music and outdoor patio area they have discovered it during this process the 432 00:41:48,560 --> 00:41:53,080 original terrazzo floor down in the entryway some of the timber joist and 433 00:41:53,080 --> 00:41:59,720 additional original brick that wasn't not exposed before so we kind of have a 434 00:41:59,720 --> 00:42:06,520 before and a current here this picture is probably about a year ago the several 435 00:42:06,520 --> 00:42:11,640 awning is gone now so and we have with there we have a recessed area they are 436 00:42:11,640 --> 00:42:16,720 still working on this so this is not how it's going to look when it's finished 437 00:42:16,720 --> 00:42:22,660 just some shots here I did have some some slides from the owners that they 438 00:42:22,660 --> 00:42:26,600 presented to council earlier and I just included some of these so you can kind 439 00:42:26,600 --> 00:42:32,320 of get a feel of where they're going the murals inside again dealing playing off 440 00:42:32,320 --> 00:42:36,120 at the Bonnie and Clyde history and the history of Bonnie and Clyde and Denton 441 00:42:36,120 --> 00:42:41,800 and Denton County that is the sheet that I gave you that you cannot read on the 442 00:42:41,800 --> 00:42:48,160 screen so this is the current bit sheet that they have given me and the total 443 00:42:48,160 --> 00:42:52,000 down there's one hundred and six thousand six hundred and fifty dollars 444 00:42:52,000 --> 00:42:58,000 and again the previous review the on this particular application April the 445 00:42:58,000 --> 00:43:03,200 11th the downtown task force looked at this they recommended $10,000 grant 446 00:43:03,200 --> 00:43:08,880 because they scored 21.8 which was rounded up to 22 which gave put them in 447 00:43:08,880 --> 00:43:15,720 that category of up to $10,000 it's in a nutshell 448 00:43:15,720 --> 00:43:25,280 answer any questions question here they asked for 25,000 and got five and then 449 00:43:25,280 --> 00:43:30,520 this time they asked for 25,000 again or you can only ask for 20 because they'd 450 00:43:30,520 --> 00:43:34,400 already got they could only ask for 20 because they're 25,000 cap on the 20th 451 00:43:34,400 --> 00:43:40,640 address so of that 20,000 they were granted 10 which makes that a total of 452 00:43:40,640 --> 00:43:48,580 15 total towards the 106 we saw here or the 106 plus the other expenditures they 453 00:43:48,580 --> 00:43:51,960 spent so retreat retreating these separately and the very first 454 00:43:51,960 --> 00:43:58,000 application I don't believe we included the signage on these okay we took the 455 00:43:58,000 --> 00:44:02,880 signage back at another signage is in there I think on the first one we decided 456 00:44:02,880 --> 00:44:08,680 to apply that 5,000 to the signage and then this one was treated as a separate 457 00:44:08,680 --> 00:44:12,600 application because we just didn't want to confuse the work that had started 458 00:44:12,600 --> 00:44:16,620 hadn't been started the new work you know it just it was a lot cleaner just 459 00:44:16,620 --> 00:44:20,680 to do a new application but yes you are correct there was 5,000 has been granted 460 00:44:20,680 --> 00:44:25,080 they have not collected that yet because we need receipts and some other things 461 00:44:25,080 --> 00:44:31,400 for that application from this point today if it moves forward it will move 462 00:44:31,400 --> 00:44:38,120 forward to counsel for their final decision so just so the itemized bid 463 00:44:38,120 --> 00:44:44,280 sheet we just saw was it completely new items that weren't listed previously 464 00:44:44,280 --> 00:44:49,160 with the exception of the signage these are items that had not been started when 465 00:44:49,160 --> 00:44:59,840 they filled out the second application so being somewhat new to this process I 466 00:44:59,840 --> 00:45:07,400 believe I'm still kind of new the the maximum amount of the grant is how much 467 00:45:07,400 --> 00:45:13,440 25,000 it's 25 25,000 per address so they've received 5,000 which means at 468 00:45:13,440 --> 00:45:18,880 this point 20,000 max on this building and then there's and then this 469 00:45:18,880 --> 00:45:22,960 particular grant is for an additional 10 yes sir okay is what we're looking at 470 00:45:22,960 --> 00:45:29,320 today okay thank you question Julie can you tell us what what is our current 471 00:45:29,320 --> 00:45:32,840 balance as far as the amount this year that we're going to be able to 472 00:45:32,840 --> 00:45:36,640 distribute I'm just wanting to kind of keep that in mind as we how many months 473 00:45:36,640 --> 00:45:44,040 we have right so what we got if everything passes through all the way 474 00:45:44,040 --> 00:45:47,800 through and gets paid out with the exception of this one right now we're at 475 00:45:47,800 --> 00:45:53,360 about 38,000 on that remaining remaining that was in that general fund balance 476 00:45:53,360 --> 00:45:57,840 that we were talking about before we moved into the downtown to hers money so 477 00:45:57,840 --> 00:46:05,080 it's 38,000 is some change okay and that's a finite amount before this yes 478 00:46:05,080 --> 00:46:08,120 but I'm just saying that's not going to be replenished right for it it will be 479 00:46:08,120 --> 00:46:11,400 right that is it that was the general fund balance it was I want to say it's 480 00:46:11,400 --> 00:46:14,820 thirty eight thousand six hundred and thirty five something something like 481 00:46:14,820 --> 00:46:18,800 that and after that we'll go to the tours board and ask the two you looked at 482 00:46:18,800 --> 00:46:24,600 last time the 101 hickory and the one one one eleven industrial so and the 483 00:46:24,600 --> 00:46:30,280 five thousand previous included on it so right at this moment thirty eight thousand 484 00:46:30,280 --> 00:46:36,120 not counting this money so it makes sense yes and then moving forward it 485 00:46:36,120 --> 00:46:40,800 will be is it a certain amount coming from the turf whether it's my agree to 486 00:46:40,800 --> 00:46:45,920 each time will be a request from that the tourist board has approved a hundred 487 00:46:45,920 --> 00:46:50,760 thousand per year okay to moving forward once the general fund money is gone and 488 00:46:50,760 --> 00:46:55,200 we move into that money they can each year make a decision and change that 489 00:46:55,200 --> 00:47:01,440 amount if they want and do you know is that a calendar year so that it was your 490 00:47:01,440 --> 00:47:05,440 fiscal year on the city on the city fiscal year okay again just trying to 491 00:47:05,440 --> 00:47:10,560 make sure I know what our balance will be and what we've got left to help with 492 00:47:10,560 --> 00:47:24,280 for the time thank you any other questions the recommendation is the 493 00:47:24,280 --> 00:47:29,040 recommendation was 10,000 from the task force they have a recommendation on the 494 00:47:29,040 --> 00:47:34,360 floor for 10,000 all in the year 495 00:47:36,920 --> 00:47:42,280 can we have a motion need a second second motion and second any further 496 00:47:42,280 --> 00:47:50,400 discussion hearing none all in favor of approving the $10,000 grant signify by 497 00:47:50,400 --> 00:47:59,840 saying aye against the same sign any abstentions thank you Julie 498 00:48:05,760 --> 00:48:15,480 let's see the next item on the agenda is EDP 19-025 receive a report hold the 499 00:48:15,480 --> 00:48:19,760 discussion and give staff direction regarding the number of economic 500 00:48:19,760 --> 00:48:25,160 development partnership annual business awards to be given and the selection 501 00:48:25,160 --> 00:48:30,080 criteria okay miss Cunningham thank you I'm Michelle Cunningham business 502 00:48:30,080 --> 00:48:35,240 development officer city economic development department and as you may 503 00:48:35,240 --> 00:48:41,120 recall a presentation was given on this topic at the board's last meeting but 504 00:48:41,120 --> 00:48:45,520 you were not asked at that time to make a recommendation or reach a decision and 505 00:48:45,520 --> 00:48:49,400 so I'm back with that purpose in mind and to provide a little bit more 506 00:48:49,400 --> 00:48:55,920 information about the award process historically the economic development 507 00:48:55,920 --> 00:49:02,800 board provides the premier or the final capstone award each year at the annual 508 00:49:02,800 --> 00:49:07,880 mayor's City Council business awards breakfast the criteria were adopted by 509 00:49:07,880 --> 00:49:13,600 the board in 2008 and you will find those criteria on I believe it's your 510 00:49:13,600 --> 00:49:23,560 page 84 it's at the end and at last year during the nomination of the businesses 511 00:49:23,560 --> 00:49:28,800 to be researched for ultimately the board selection members of the board 512 00:49:28,800 --> 00:49:35,760 were interested in being able to better judge small businesses or enter 513 00:49:35,760 --> 00:49:41,720 nominations of smaller businesses because as you can see historically the 514 00:49:41,720 --> 00:49:46,320 larger companies Peterbilt Target you know wonderful companies but larger 515 00:49:46,320 --> 00:49:54,920 companies upon are for whom had higher tax valuations and higher number of 516 00:49:54,920 --> 00:50:03,040 jobs etc so for a small company it's hard to compete from on that criteria and 517 00:50:03,040 --> 00:50:09,600 with the general criteria that had been placed in 2008 for for predominantly 518 00:50:09,600 --> 00:50:13,560 these larger companies and so the intent had and I'm aware of the Chamber of 519 00:50:13,560 --> 00:50:17,280 Commerce every year provides a small business award and this is a pivotal 520 00:50:17,280 --> 00:50:22,600 award provided by the chamber and that was brought up at the time and it was 521 00:50:22,600 --> 00:50:27,640 not ever the intent of the Economic Development Partnership Board or to 522 00:50:27,640 --> 00:50:32,000 replace or discussion indicated it was never the intent of the board to replace 523 00:50:32,000 --> 00:50:35,720 or compete with that award because it is significant and on the part of the 524 00:50:35,720 --> 00:50:41,000 chamber but to have a different set of criteria that were more conducive for 525 00:50:41,000 --> 00:50:46,440 this board to be able to compare smaller companies to each other so say you 526 00:50:46,440 --> 00:50:50,000 nominated three or four smaller companies and there were no large 527 00:50:50,000 --> 00:50:55,000 companies smaller companies were harder to evaluate based on the very general 528 00:50:55,000 --> 00:51:01,920 criteria that you had in the 2008 criteria that the board had adopted and 529 00:51:01,920 --> 00:51:06,520 so staff was requested to go back and before the nominations occurred this 530 00:51:06,520 --> 00:51:12,080 year to come back with a suggested criteria that might work if the board 531 00:51:12,080 --> 00:51:18,600 wished to nominate small companies so that their their contributions to the 532 00:51:18,600 --> 00:51:23,960 community or and their structure would be fairly analogous to the large 533 00:51:23,960 --> 00:51:29,160 companies but would be a little bit more scaled down to being able to compare 534 00:51:29,160 --> 00:51:33,920 smaller companies with each other to reach your determination so the process 535 00:51:33,920 --> 00:51:39,520 typically that this typically takes is that this board will provide nominations 536 00:51:39,520 --> 00:51:44,880 staff will go back and research these companies based on all of the different 537 00:51:44,880 --> 00:51:50,880 categories of criteria will come back to the board with those that matrix filled 538 00:51:50,880 --> 00:51:54,880 in so that you have an opportunity of comparing all the companies that you 539 00:51:54,880 --> 00:51:59,760 nominate directly across that matrix with each other to help aid you in your 540 00:51:59,760 --> 00:52:07,560 discussion so at this point at the last meeting there was discussion as to 541 00:52:07,560 --> 00:52:13,800 whether the Economic Development Partnership Board wished to adopt or go 542 00:52:13,800 --> 00:52:19,560 forth with possibly presenting one large award or a larger business award each 543 00:52:19,560 --> 00:52:26,200 year by larger I mean a hundred employees and over or and to present a 544 00:52:26,200 --> 00:52:31,920 smaller business award for companies having under a hundred employees the 545 00:52:31,920 --> 00:52:40,160 second aspect was if indeed the board should elect not to do that or if there 546 00:52:40,160 --> 00:52:44,960 is a circumstance where you are nominating smaller companies and no 547 00:52:44,960 --> 00:52:50,680 large companies for your consideration are the criteria that are included and 548 00:52:50,680 --> 00:52:56,600 that's your final page for for determining or for comparing smaller 549 00:52:56,600 --> 00:53:03,680 companies acceptable to the board so we need a determination of how many awards 550 00:53:03,680 --> 00:53:09,040 you wish to confer each year the size whether it's just one award you want to 551 00:53:09,040 --> 00:53:14,880 do a large award and a small award and whether regardless of that outcome 552 00:53:14,880 --> 00:53:20,800 whether if you are considering small companies for an award of any kind from 553 00:53:20,800 --> 00:53:27,040 this board if the second set of criteria targeting smaller companies is is 554 00:53:27,040 --> 00:53:37,840 acceptable and is one that you would like to utilize I exhibit three is the 555 00:53:37,840 --> 00:53:42,160 criteria that was given to us and I am happy with that I like what I see and 556 00:53:42,160 --> 00:53:48,020 there's specific things that we can relate to how they're involved in the 557 00:53:48,020 --> 00:53:52,720 community in several different ways I would like to continue with the large 558 00:53:52,720 --> 00:53:58,920 award and add a small award so it's to each year and I'm I'm good with the 559 00:53:58,920 --> 00:54:03,120 criteria you have listed here 560 00:54:03,120 --> 00:54:08,080 I would be my I'm just if this isn't the way we discussed I mean I'm open to hear 561 00:54:08,080 --> 00:54:12,660 more discussion before a motion and this isn't an action item it's just to give 562 00:54:12,660 --> 00:54:22,880 direction so just discussion so we have some general discussion that's been laid 563 00:54:22,880 --> 00:54:26,840 on the table would anyone like to continue that discussion or or take a 564 00:54:26,840 --> 00:54:34,840 contrary position the second award for smaller companies because for the big 565 00:54:34,840 --> 00:54:39,040 companies got big they were small something that'd be good it'd be nice to 566 00:54:39,040 --> 00:54:44,360 recognize the small growing companies that are here as well for sure 567 00:54:44,360 --> 00:54:54,280 thank you and I agree with the criteria it takes into account what we can provide versus what a small company can do. I get it. 568 00:54:54,280 --> 00:55:12,200 Thank you any other input? I agree with him. Okay. We're good? Yes sir. I'm sitting in the chairman's seat so I have an opinion. Do I get to talk? 569 00:55:12,200 --> 00:55:24,200 Absolutely. Thank you. I needed that. I needed that. I think it's it's it's it's it's really good to have both the large and the 570 00:55:24,200 --> 00:55:29,440 small I think it and then the criteria that's listed here I believe is pretty 571 00:55:29,440 --> 00:55:39,160 comprehensive and the the only question I have is in in kind of doing the 572 00:55:39,160 --> 00:55:44,520 selection is that one individual at the city or we're going to have a group at 573 00:55:44,520 --> 00:55:49,660 the city? You decide you this board makes the selection this board makes the 574 00:55:49,660 --> 00:55:57,640 nominations. So the selection comes from us then? Correct. How does us feel about 575 00:55:57,640 --> 00:56:13,840 that? We're good? And kudos to the staff. This is a well thought out criteria so thank you. So are we looking to do 576 00:56:13,840 --> 00:56:17,680 something this year or? Well perhaps I misphrased it because I thought a 577 00:56:17,680 --> 00:56:22,280 recommendation would be made then regarding the number of awards and the 578 00:56:22,280 --> 00:56:29,620 criteria. So you have the the direction would be to move forward with both 579 00:56:29,620 --> 00:56:34,540 awards. Okay. That's the direction of the board and so when that time comes to take 580 00:56:34,540 --> 00:56:38,580 nominations we'll be taking nominations for both a small business and a large 581 00:56:38,580 --> 00:56:42,340 business award with these criteria so that's when it will come back to the 582 00:56:42,340 --> 00:56:50,020 board. So there's no formal action needed. I think my question was since the award 583 00:56:50,020 --> 00:56:54,700 is September right? Correct. So we're looking forward to doing two awards in 584 00:56:54,700 --> 00:56:59,980 September. Correct. And so when did you tell them when the nominations will be? We may 585 00:56:59,980 --> 00:57:05,900 want to back it up a month from what's listed because right now if you would 586 00:57:05,900 --> 00:57:11,100 like to mark your calendars we have a date of September 20th for the Mayor 587 00:57:11,100 --> 00:57:15,500 Council breakfast. Normally we do these on Thursdays but Thursday the 19th is 588 00:57:15,500 --> 00:57:21,100 the Chamber's board meeting and we don't want to have businesses that are trying 589 00:57:21,100 --> 00:57:25,820 to fit a breakfast in and an important board meeting in as well. So we're going 590 00:57:25,820 --> 00:57:31,000 to look at Friday the 20th and that means that we probably should back up 591 00:57:31,000 --> 00:57:38,300 nominations to June. Have you all make a selection in July or at the very 592 00:57:38,300 --> 00:57:42,620 latest August? I'm accounting for what might happen if for whatever reason we 593 00:57:42,620 --> 00:57:50,220 don't have a quorum during the summer months. Okay I think that means that we 594 00:57:50,220 --> 00:57:56,380 would need nominations at the next meeting. We'll certainly make sure to 595 00:57:56,380 --> 00:58:03,660 provide that information to the board. Is this date to 9/20 is that the current 596 00:58:03,660 --> 00:58:12,220 date for the Mayor's breakfast? Correct. Okay. Thank you. Location to be determined. 597 00:58:12,220 --> 00:58:24,420 We promise we'll tell you where it is. Yeah. Any other information Michelle? 598 00:58:24,420 --> 00:58:49,640 Okay thank you for your presentation. Okay concluding items. Okay if you don't 599 00:58:49,640 --> 00:58:54,620 mind I'm I think I'm supposed to read this. So you do not have to read them. We 600 00:58:54,620 --> 00:58:57,980 don't we don't have to. Nope. Okay so how do we how do you how should we address 601 00:58:57,980 --> 00:59:03,900 it Jessica? Just open it up if the board has any concluding items anything that 602 00:59:03,900 --> 00:59:07,540 they'd like to see come forward on a future agenda or any type of 603 00:59:07,540 --> 00:59:13,140 recognition that they'd like to make at this time. Concluding items or feature 604 00:59:13,140 --> 00:59:20,780 agenda items from the floor. I do have a question. Just to see if the cultural the cultural district 605 00:59:20,780 --> 00:59:25,100 presentation will come through this board as well. It won't come through this board 606 00:59:25,100 --> 00:59:30,500 no because that will actually go through the Public Art Committee first. We can 607 00:59:30,500 --> 00:59:34,780 definitely bring it back to this board in June. I'm not sure what date the June 608 00:59:34,780 --> 00:59:38,540 meeting is off the top of my head but we can put that certainly and do a brief 609 00:59:38,540 --> 00:59:45,140 presentation if that is requested. I know that it has pretty significant economic 610 00:59:45,140 --> 00:59:50,260 development associated with it so at some point even after the application or 611 00:59:50,260 --> 00:59:58,580 just an update on. Sure we can add that to the June meeting absolutely. June 12th is 612 00:59:58,580 --> 01:00:12,100 what Erica told me. Any other items, agenda items? 613 01:00:12,100 --> 01:00:21,060 This week is economic development week, small business week, and national travel tourism week. 614 01:00:21,060 --> 01:00:38,660 So, shop, local, travel, and sterling. Any other items? I do have a request if you don't mind. I was 615 01:00:38,660 --> 01:00:45,420 wondering if we could take a photo of our economic development board for 616 01:00:45,420 --> 01:00:53,860 posterity sake. Is that out of order? Sure. No, not out of order. Yes you can do it. 617 01:00:53,860 --> 01:01:01,860 Can we get a staff member to do that for us? Sure. Do you want to join the meeting? 618 01:01:01,860 --> 01:01:11,700 We can do it after the meeting. Okay. Any other items? Okay there being none I'll 619 01:01:11,700 --> 01:01:23,420 entertain a motion to adjourn. Okay all in favor signify by saying aye. Thank you very much.