WEBVTT 00:00:00.000 --> 00:00:07.800 Good morning and welcome to the City of Denton Economic Development Partnership 00:00:07.800 --> 00:00:16.600 Board meeting. Today May the 8th 2019 our meeting is beginning at 1108. We welcome 00:00:16.600 --> 00:00:24.040 everyone that's here in the room as well as our extensive television audience to 00:00:24.040 --> 00:00:30.280 the proceedings today. We have a number of items on the agenda the first of 00:00:30.280 --> 00:00:37.560 which is EDP19019. Consider the approval of economic development partnership 00:00:37.560 --> 00:00:42.840 board minutes from the April 10th meeting. We'll give everyone a few seconds 00:00:42.840 --> 00:00:47.980 excuse me a few a little bit to make sure they refresh themselves with the 00:00:47.980 --> 00:01:03.240 minutes and then we'll vote on those minutes. I move approval of the economic 00:01:03.240 --> 00:01:07.600 development partnership board meeting minutes from April 10th 2019 as 00:01:07.600 --> 00:01:14.120 previously submitted to members. Okay we have a motion on the floor for approval. 00:01:14.120 --> 00:01:26.640 Second. Okay Keely Briggs second. Discussion. I would like to discuss one 00:01:26.640 --> 00:01:39.160 of the items on the agenda regarding the downtown reinvestment grant. Let's see 00:01:44.400 --> 00:01:58.400 there was a $10,000 approval for Steve's Wine and Bar. Was there a previous 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 00:02:04.240 --> 00:02:08.520 specifically? Yes. I believe that's the only time we have voted there was a time 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 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? 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 00:02:21.080 --> 00:02:25.640 industrial that was the okay the only time that this body has looked at it. And 00:02:25.640 --> 00:02:38.200 there was no discussion of the loophole last? Not on the last agenda. There being 00:02:38.200 --> 00:02:42.200 no further discussion all in favor of the minutes as presented signify by 00:02:42.200 --> 00:02:49.760 saying aye. Aye. All against same sign. Any abstentions? Okay thank you. Minutes 00:02:49.760 --> 00:02:57.960 move forward as approved. Erica have you been formally recognized by this board? 00:02:57.960 --> 00:03:02.440 Is this your first meeting? Oh a second meeting okay all right very good thank 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 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 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 00:03:28.760 --> 00:03:35.320 be here. Thank you. Welcome welcome welcome. Thank you thank you very much. 00:03:35.320 --> 00:03:47.760 Let's see. ADP 19021 staff reports. I won't go over the economic development 00:03:47.760 --> 00:03:53.600 staff report in detail unless there are specific questions. I do want to call 00:03:53.600 --> 00:03:59.960 your attention to item four on the staff reports which is a future agenda item 00:03:59.960 --> 00:04:04.200 matrix. This is something that we do with City Council and with other boards and 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 00:04:10.780 --> 00:04:16.200 planning tool for us to make sure we're not overloading an agenda with too many 00:04:16.200 --> 00:04:21.120 items. On that you'll see the meetings scheduled out through September. Can you 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 00:04:26.240 --> 00:04:35.480 sorry. A side note to that would be the Chairman Rivers and I had discussed the 00:04:35.480 --> 00:04:41.680 possibility of holding a joint City Council EDP meeting and the first 00:04:41.680 --> 00:04:47.800 available City Council luncheon date is September 9th so I just wanted to add 00:04:47.800 --> 00:04:51.920 that to the list of items for your consideration in terms of planning out 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 00:04:57.120 --> 00:05:03.120 both the 9th and the 11th but that's certainly what I was working towards. 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 00:05:11.640 --> 00:05:17.240 advisement and then? Absolutely. And I'm sure since Chairman Rivers kind of 00:05:17.240 --> 00:05:21.640 initiated that I'm sure he would have some input on that. Absolutely. We'll 00:05:21.640 --> 00:05:25.360 circle back with the board to make sure that everyone is good with the date 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 00:05:39.680 --> 00:05:45.840 to Erica or Karen in regards to the chamber reports if if there are any 00:05:45.840 --> 00:05:48.480 questions. 00:05:48.480 --> 00:05:58.400 Erica did you have an input? Did you would like to make a presentation today? 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. 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? 00:06:09.760 --> 00:06:16.880 So yeah if you guys have any questions about that, Karen or myself can 00:06:16.880 --> 00:06:26.840 likely answer those. We have a lot of marketing activities and opportunities coming forward so 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 00:06:39.880 --> 00:06:44.200 goals that have been set within the partnership by September of this year. 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 00:06:54.680 --> 00:06:58.520 information about the lake farm? 00:06:58.520 --> 00:07:21.320 Lake farm is, this was their second site visit. First site visit was actually for 00:07:21.320 --> 00:07:28.000 a small 15,000 square foot office building. This one was a much more in 00:07:28.000 --> 00:07:34.920 depth concept. They are talking about doing 350, 400,000 square foot 00:07:34.920 --> 00:07:45.080 possibly multi buildings of a life science project campus. And we're still 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. 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 00:08:02.900 --> 00:08:10.640 concept stage we do not have a specific site or location. We've sent them probably 00:08:10.640 --> 00:08:14.560 close to about six or seven different sites. None of them have met with their 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 00:08:20.880 --> 00:08:30.080 discussions with Discover Park and back with TWU also. Maybe they'll have 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. 00:08:45.720 --> 00:08:53.760 For clarification, is this a public or private campus? 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. 00:09:00.440 --> 00:09:06.640 So like a business park. Not a student campus at all. They may be 00:09:06.640 --> 00:09:12.480 doing research and development but not education. They would like to 00:09:12.480 --> 00:09:19.000 partner with UNT, TWU, maybe even Southwest Medical. That's just ballparks. 00:09:19.000 --> 00:09:23.760 Okay thank you for that. Is that within the confines of the city of Denton that 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 00:09:28.680 --> 00:09:34.900 plan at UNT is rather logjam. They don't have much room over there. 00:09:34.900 --> 00:09:53.960 Thank you. There being no more items to discuss on the staff reports, we'll move 00:09:53.960 --> 00:10:00.480 to EDP 19-020. Receive a report, hold discussion, make a 00:10:00.480 --> 00:10:05.280 recommendation to City Council regarding nominating Tyson Sales and 00:10:05.280 --> 00:10:10.120 Distribution Inc. to the Office of the Governor, Economic Development and 00:10:10.120 --> 00:10:17.240 Tourism through the Economic Development Bank. Erika? Good morning. Good morning. 00:10:17.240 --> 00:10:21.560 I'm going to be providing a brief overview of the Tyson project that you 00:10:21.560 --> 00:10:25.800 looked at recently and the request for state assistance through the Texas 00:10:25.800 --> 00:10:31.200 enterprising program. Which page number in the report? 31 is the beginning. Thank 00:10:31.200 --> 00:10:41.840 you. As you may recall, Tyson based in Springfield, Arkansas provides 00:10:41.840 --> 00:10:45.400 refrigerated warehousing and distribution services to a number of 00:10:45.400 --> 00:10:51.880 Tyson food companies listed here. They generated 38 billion in sales in 2017 00:10:51.880 --> 00:11:01.480 and employ 122,000. The local project Tyson is constructing a 350,000 00:11:01.480 --> 00:11:06.880 square foot, highly automated refrigerated distribution center and that 00:11:06.880 --> 00:11:12.160 will include gantry, robots, pallet conveyors and a monorail and they plan 00:11:12.160 --> 00:11:17.280 to ship 700 pounds of product annually and will employ 100 at the distribution 00:11:17.280 --> 00:11:24.880 center and their total investment in the project is 52 million. The facility will 00:11:24.880 --> 00:11:30.160 be located on 65 acres at the southeast corner of Western and Jim Crystal in the 00:11:30.160 --> 00:11:34.920 West Park Tours. Tyson's business personal property investment is 00:11:34.920 --> 00:11:41.000 quite significant at 29 million so Tyson received an abatement of 25% of their BPP 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 00:11:45.160 --> 00:11:51.400 approved by Council back in February. And the objective today is for this board to 00:11:51.400 --> 00:11:55.280 make a recommendation on the nomination of Tyson sales and distribution to the 00:11:55.280 --> 00:11:59.280 Texas Enterprise Zone program and this is accomplished through a resolution for 00:11:59.280 --> 00:12:06.000 consideration by Council. We're looking at going on the 21st. And a little bit 00:12:06.000 --> 00:12:10.960 about the Texas Enterprise Zone program. It's a state program, it's an economic 00:12:10.960 --> 00:12:14.680 tool to provide job creation and capital investment in economically distressed 00:12:14.680 --> 00:12:20.280 areas of the state of Texas. Applicants are eligible apply for state sales and 00:12:20.280 --> 00:12:24.880 use tax refunds through this program and it provides state reimbursement based on 00:12:24.880 --> 00:12:29.040 their capital investment and jobs created or retained for economically 00:12:29.040 --> 00:12:34.080 disadvantaged individuals and also for veterans. A local incentive is required 00:12:34.080 --> 00:12:39.200 for a company to be able to apply for the Texas Enterprise Zone program. 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 00:12:55.200 --> 00:13:00.920 refund I'm sorry is this refund based on the amount of individuals they hire that 00:13:00.920 --> 00:13:05.260 fall into this category? Yes they have they're required to have 25% if they're 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 00:13:09.200 --> 00:13:16.880 25% of the 100 jobs that they're going to have here would be veterans or 00:13:16.880 --> 00:13:23.240 disadvantaged individuals? Yes so they would either need to be located in this 00:13:23.240 --> 00:13:27.960 area live in this area which there's quite a big tract or they would be 00:13:27.960 --> 00:13:35.720 veterans in this area. Oh okay okay so it's about location not about someone's 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 00:13:43.160 --> 00:13:47.640 it's not an individual person experiencing poverty so they wouldn't 00:13:47.640 --> 00:13:53.000 necessarily have to hire somebody who is disadvantaged as long as they just live 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 00:13:58.840 --> 00:14:09.440 meets the economic distress criteria. So this map shows the enterprise zone 00:14:09.440 --> 00:14:13.600 we were discussing it's highlighted the part that's eligible and the location 00:14:13.600 --> 00:14:16.440 determines like I was just discussing the percent of new employees that must 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 00:14:20.880 --> 00:14:27.160 been outside it would have been 35%. And then the benefits to Tyson itself is a 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 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 00:14:37.440 --> 00:14:44.960 then to Dutton 25% of new jobs created or also positions that turn over by 00:14:44.960 --> 00:14:48.480 people who are economically disadvantaged residents of 00:14:48.480 --> 00:14:51.360 enterprise zone within the city's jurisdiction that we talked about or 00:14:51.360 --> 00:14:57.560 veterans and then jobs created are certified by the governor's office of 00:14:57.560 --> 00:15:02.720 economic and tourism and must be maintained for a period of three years. 00:15:02.720 --> 00:15:09.000 Nominating Tyson enables Tyson to assist Dutton to assist the company in 00:15:09.000 --> 00:15:14.160 receiving significant state sales tax refunds and then nominating Tyson the 00:15:14.160 --> 00:15:22.280 program has no fiscal impact to the city. I'd be happy to entertain questions 00:15:22.280 --> 00:15:28.240 about the program or Tyson itself. Kind of a similar question I think it has to 00:15:28.240 --> 00:15:34.120 do with eight of ten on page on your slide presentation eight of ten it talks 00:15:34.120 --> 00:15:40.120 about benefits to Denton I think piggybacking on councilperson Briggs's 00:15:40.120 --> 00:15:44.960 question as far as 25% of new jobs created or existing positions that 00:15:44.960 --> 00:15:49.760 turnover will be filled by people who are either economically disadvantaged 00:15:49.760 --> 00:15:54.040 our residents of an enterprise zone within the city's jurisdiction or our 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 00:15:59.320 --> 00:16:03.560 makes it sound like there's some kind of requirement so there is a requirement 00:16:03.560 --> 00:16:07.240 that they're economically disadvantaged we have a number of zones in the city 00:16:07.240 --> 00:16:13.400 itself now because we've granted about six okay so they have to hire a certain 00:16:13.400 --> 00:16:18.080 number of people from a certain regional from a certain jurisdiction that's put 00:16:18.080 --> 00:16:21.960 forward as economically disadvantaged yes it's done by the poverty rate by 00:16:21.960 --> 00:16:26.200 census tract so yes there is some kind of requirement that so many people from 00:16:26.200 --> 00:16:30.240 an economically distressed area are hired 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 00:16:37.640 --> 00:16:44.920 guesstimate because they live in an area that's not as economically prosperous 00:16:44.920 --> 00:16:53.440 the governor's office of economic and development and tourism is who monitors 00:16:53.440 --> 00:16:56.800 that and then the state comptroller's who's responsible for sales and use taxes 00:16:56.800 --> 00:17:01.960 so those are the two agencies involved I move we move forward on the staff 00:17:01.960 --> 00:17:13.320 recommendation to nominate Tyson for said assistance from the state we have a 00:17:13.320 --> 00:17:33.000 motion on the floor hearing a second we have a second further discussion no 00:17:33.000 --> 00:17:36.680 further discussion all in favor of accepting the staff's recommendation 00:17:36.680 --> 00:17:46.000 signify by saying aye aye all against same sign I won against any abstentions 00:17:46.000 --> 00:17:49.000 thank you 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 00:18:01.960 --> 00:18:07.080 hold discussions regarding activities and develop excuse me development at 00:18:07.080 --> 00:18:15.120 Denton Enterprise Airport Mr. Chairman members of the board good morning I'm 00:18:15.120 --> 00:18:18.920 Scott Gray the airport manager I have a short presentation be happy to answer 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 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 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 00:18:33.320 --> 00:18:37.840 and I'm invited back so hopefully the information I have for you today is 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 00:18:43.720 --> 00:18:50.000 just a little bit of the statistical information not a lot has changed here 00:18:50.000 --> 00:18:54.640 specifically for the airport just maybe some updated information to kind of get 00:18:54.640 --> 00:19:00.920 you up to date to 2018 stats 84 ground leases so those are various businesses 00:19:00.920 --> 00:19:07.160 for aviation use or they could be private so they have a language from the 00:19:07.160 --> 00:19:10.240 city and they'll have their own private hangar and store their own aircraft 00:19:10.240 --> 00:19:15.080 about 30 businesses at the airport ranging from flight training to full 00:19:15.080 --> 00:19:22.680 maintenance to fixed base operator there's also sales charter so there's a 00:19:22.680 --> 00:19:26.280 number of different businesses that are encompassed at the airport as well 00:19:26.280 --> 00:19:30.440 340 based airplanes so that ranges from small single-engine all the way up to 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 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 00:19:40.600 --> 00:19:44.640 accommodate pretty much any corporate aircraft that's available in the fleet 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 00:19:51.240 --> 00:19:56.320 used for general aviation purposes so we can handle those aircraft we have about 00:19:56.320 --> 00:20:05.480 929 acres it takes up mostly what you see around this perimeter right here is 00:20:05.480 --> 00:20:09.800 the airport and I'll get into some of the development opportunities that we're 00:20:09.800 --> 00:20:15.960 looking at in the future just under 150,000 operations for 2018 I believe 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 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 00:20:30.760 --> 00:20:37.040 about 1.7 million gallons of aviation fuel so be it jet fuel for the jet 00:20:37.040 --> 00:20:44.240 aircraft or it or avgas for the smaller aircraft this is probably one of the 00:20:44.240 --> 00:20:49.280 things that most people just don't understand a lot of folks believe that 00:20:49.280 --> 00:20:53.600 we're just a small general aviation airport with not much going on I'm here 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 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 00:21:03.200 --> 00:21:09.520 DFW Houston Intercontinental all of those airports are just above us and we are 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 00:21:13.760 --> 00:21:17.000 reason we're number eight now is there's a couple of airports in the metroplex 00:21:17.000 --> 00:21:20.880 that depending upon where the flight students go fly for the various months 00:21:20.880 --> 00:21:24.960 it just kind of jockeys back and forth but we are we are currently number eight 00:21:24.960 --> 00:21:30.600 we are the fourth busiest contract air traffic control tower in the system so 00:21:30.600 --> 00:21:34.520 that's throughout the country and the 89th busiest airport in the country 00:21:34.520 --> 00:21:39.800 that's pretty significant as well there are over 5,000 airports in the United 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 00:21:44.640 --> 00:21:49.200 be some of our military visitors that they do stop here and get fuel cross 00:21:49.200 --> 00:21:55.400 country now and time and again probably what's of interest to you is the 00:21:55.400 --> 00:22:00.800 economic impact I did include in your packet I think it's exhibit number two 00:22:00.800 --> 00:22:07.080 looks like this this is just the the piece about Denton itself this is the 00:22:07.080 --> 00:22:13.920 full economic impact study summary and I'll pass that around so you can take a 00:22:13.920 --> 00:22:25.960 look at that thank you but let me highlight what that study did identify 00:22:25.960 --> 00:22:34.720 the the presence of Denton Enterprise Airport in the city is 1435 jobs so are 00:22:34.720 --> 00:22:41.320 there 1435 jobs at the airport no there those are all of the jobs associated 00:22:41.320 --> 00:22:45.560 with the presence of the airport so it could include all the ancillary services 00:22:45.560 --> 00:22:50.480 for the businesses that are out there could be hotel could be rental car so 00:22:50.480 --> 00:22:53.960 it's the it includes all of the ancillary jobs that are associated with 00:22:53.960 --> 00:22:59.120 the with having the airport here in the city the payroll at the airport is 00:22:59.120 --> 00:23:04.760 approximately 46 million dollars and then the goods and services approximately 00:23:04.760 --> 00:23:11.240 146 thousand or excuse me million dollars as well that that has increased 00:23:11.240 --> 00:23:15.920 since the last time they did their study but again it is pretty significant put 00:23:15.920 --> 00:23:21.720 that into perspective there's 264 general aviation airports in the state 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 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 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 00:23:42.520 --> 00:23:47.140 these names probably look familiar they you probably had discussions with them 00:23:47.140 --> 00:23:51.360 yourself US Aviation Academy is our large international flight training they're 00:23:51.360 --> 00:23:55.680 actually doing domestic flight training now as well at Denton US Jet Center is 00:23:55.680 --> 00:23:59.840 our FBO or fixed base operator they're basically like our concierge that you 00:23:59.840 --> 00:24:03.160 would have at the hotel they meet and greet all of the visitors provide them 00:24:03.160 --> 00:24:09.000 fuel arrange for hotels whatever they the passengers may need med trans which 00:24:09.000 --> 00:24:16.080 is a fairly new facility I believe they opened in December of 18 yes it's 00:24:16.080 --> 00:24:21.880 December of 18 they are a medical air ambulance company that moved their 00:24:21.880 --> 00:24:25.600 corporate headquarters from Lewisville to Denton and then they also incorporated 00:24:25.600 --> 00:24:30.120 all of their flight training for their helicopter pilots so every helicopter 00:24:30.120 --> 00:24:36.000 pilot in their system and they have probably over 90 locations in the United 00:24:36.000 --> 00:24:41.280 States every helicopter pilot in their system comes to Denton every 90 days to 00:24:41.280 --> 00:24:45.360 do retraining which is pretty significant a lot of companies don't don't have that 00:24:45.360 --> 00:24:49.200 kind of retraining but every one of them come they fly their helicopters at 00:24:49.200 --> 00:24:54.600 Denton they do all of their night vision training and so forth when our when I 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 00:24:58.600 --> 00:25:02.080 come along that's going to help them actually train even more at our airport 00:25:02.080 --> 00:25:06.680 because it will provide them another landing choice that doesn't interrupt 00:25:06.680 --> 00:25:11.680 other traffic as I mentioned before we have about 30 businesses so there's 24 00:25:11.680 --> 00:25:15.720 other businesses that are located at the airport these are just happen to be our 00:25:15.720 --> 00:25:24.240 top just a moment on the the development opportunities this is the the east side 00:25:24.240 --> 00:25:27.720 of the airport the airport terminal building is right here in this location 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 00:25:34.480 --> 00:25:39.200 the red is already under lease agreement matter of fact site number five which 00:25:39.200 --> 00:25:44.000 you see right here and site number seven were just recently approved this one 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 00:25:47.400 --> 00:25:52.120 starting construction on those two facilities corporate hanger and office 00:25:52.120 --> 00:25:58.080 in this location and this will be several large hangars that can 00:25:58.080 --> 00:26:02.920 accommodate large corporate jets in this in site number seven what you see in the 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 00:26:07.200 --> 00:26:12.440 take seven to eight acres on this side of the airport there has been some 00:26:12.440 --> 00:26:16.320 interest in a number of these facilities over here and we're working those folks 00:26:16.320 --> 00:26:22.120 through the process to determine who would be interested question oh I'm 00:26:22.120 --> 00:26:29.840 sorry could you point out the future area where the fire fire station certain 00:26:29.840 --> 00:26:35.440 the the terminal building is located right here and the fire station would go 00:26:35.440 --> 00:26:40.880 right here right next to the terminal building just just to the just to the 00:26:40.880 --> 00:26:47.400 site and that was reserved by council a number of months ago so that site is 00:26:47.400 --> 00:26:50.960 reserved for the future fire station it's such time that the fire department 00:26:50.960 --> 00:26:55.440 determines that they need that that extra station and again it's called the 00:26:55.440 --> 00:26:59.760 airport fire station but it's not just for the airport it will have our 00:26:59.760 --> 00:27:03.880 services which is aircraft rescue and firefighting but it'll also be used to 00:27:03.880 --> 00:27:08.040 respond to the industrial area adjacent to the airport is there currently a 00:27:08.040 --> 00:27:12.880 station in place at the airport I wouldn't call it a station there's a 00:27:12.880 --> 00:27:18.980 there's a storage facility right over here that we have a fire truck that is 00:27:18.980 --> 00:27:22.360 stored there so when there is a incident that the fire department 00:27:22.360 --> 00:27:26.560 responds to they go to that location and use that truck to respond to the 00:27:26.560 --> 00:27:31.480 incident response time response times about five minutes at most they either 00:27:31.480 --> 00:27:35.040 respond from station three or station seven station three being the one by 00:27:35.040 --> 00:27:44.200 UNT station seven is is just south of the airport thank you isn't there other 00:27:44.200 --> 00:27:49.720 things that our airport could qualify for once we get I am an actual fire 00:27:49.720 --> 00:27:54.200 station on the campus or is am I thinking of something else you're 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 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 00:28:05.240 --> 00:28:08.740 little more exciting than part 139 let's talk about the West parallel runway 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 00:28:15.360 --> 00:28:22.120 the West parallel runway it started in November of last year we are about 60% 00:28:22.120 --> 00:28:27.040 complete with that runway this is a drawing that shows where it will be 00:28:27.040 --> 00:28:31.840 here's our primary runway here and this would be the the runway that's being 00:28:31.840 --> 00:28:35.920 constructed we are about 60% completed scheduled to be completed in the first 00:28:35.920 --> 00:28:43.400 part of September that runway that runway is mainly to separate traffic for safety 00:28:43.400 --> 00:28:47.840 so you have slow slower airplanes training airplanes and faster corporate 00:28:47.840 --> 00:28:52.240 airplanes by separating that traffic you make a safer operating environment plus 00:28:52.240 --> 00:28:55.640 we have a large number of training aircraft that operate on a daily basis 00:28:55.640 --> 00:29:01.120 sometimes it's difficult to get to the primary runway because there's a line of 00:29:01.120 --> 00:29:05.440 eight or ten airplanes that are waiting to get out and when corporate airplanes 00:29:05.440 --> 00:29:09.440 fly they typically fly on what's called instrument flight rules and they have 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 00:29:12.520 --> 00:29:17.640 depart or they get held on the ground until DFW radar control can allow them 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 00:29:21.600 --> 00:29:26.440 traffic and not cause them any delays that project is a six point four 00:29:26.440 --> 00:29:33.040 million dollar project it's an 85 15 percent grant from text on cited that 00:29:33.040 --> 00:29:37.840 that project was initially eight point nine million dollar project but the bids 00:29:37.840 --> 00:29:42.720 came in extremely well as you can tell there for almost three million dollars 00:29:42.720 --> 00:29:47.480 less than what was anticipated which was great for the for the city it saved us 00:29:47.480 --> 00:29:50.680 some capital monies that we could be using for some other projects as we move 00:29:50.680 --> 00:29:54.640 forward again this project is is anticipated to be completed in September 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 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 00:30:05.720 --> 00:30:11.120 aside for the takeoff so that's just saying that's called the runway protection 00:30:11.120 --> 00:30:14.520 zones and those those properties were purchased by the city a number of years 00:30:14.520 --> 00:30:18.680 ago you you protect that area so you don't have any development in that area 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 00:30:24.680 --> 00:30:28.880 picture actually was taken by the Civil Air Patrol for us they go up there based 00:30:28.880 --> 00:30:33.680 at the airport and they go up and do various photos around the state and they 00:30:33.680 --> 00:30:36.800 sent us a few and you can see this is where the construction is taking place 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 00:30:40.960 --> 00:30:47.160 being done here so the runway ends up being about right in this location that 00:30:47.160 --> 00:30:52.400 picture is significantly changed in a month they have done quite a bit of work 00:30:52.400 --> 00:30:56.540 we had anticipate the paving coming along probably in the second week of 00:30:56.540 --> 00:31:01.860 June so we had about another month worth of of earthwork we have four hundred 00:31:01.860 --> 00:31:06.360 thousand cubic yards of dirt that has to be moved around to make that runway 00:31:06.360 --> 00:31:11.720 work a lot of that dirt is actually going to be surplused right over in this 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 00:31:18.320 --> 00:31:22.480 we'll be working with them to allow them to use that to hopefully expedite that 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 00:31:27.440 --> 00:31:32.240 runway itself once it's completed we'll still have two subsequent projects one 00:31:32.240 --> 00:31:37.000 we just got the grant yesterday so we'll be moving forward with the design for 00:31:37.000 --> 00:31:39.800 that which is the runway lighting project so the runway is being built 00:31:39.800 --> 00:31:43.160 without lights so it'll be used just during the daytime but I've been 00:31:43.160 --> 00:31:46.880 working with tech start to expedite that project and we're hoping that we'll 00:31:46.880 --> 00:31:51.040 have the lighting actually installed before the end of the year that'll give 00:31:51.040 --> 00:31:57.240 us a fully functional day/night runway also in conjunction with that the FAA is 00:31:57.240 --> 00:32:01.880 working on instrument approaches to that runway so they're called GPS approaches 00:32:01.880 --> 00:32:11.080 that'll allow it to be full weather active for any aircraft so let me talk 00:32:11.080 --> 00:32:16.280 for a moment about a new initiative that we talked to the council a number of 00:32:16.280 --> 00:32:20.120 months ago it's been in the airport master plan as well and the business plan 00:32:20.120 --> 00:32:25.920 that this body actually was party to back in 2011 I believe it was is the 00:32:25.920 --> 00:32:31.440 acquisition of an airport certification or FAA part 139 and what part 139 allows 00:32:31.440 --> 00:32:36.160 us to do is accommodate unscheduled charter aircraft with greater than 30 00:32:36.160 --> 00:32:42.160 seats so really what does that mean to the airport in the city right now UNT 00:32:42.160 --> 00:32:49.880 sports charters all go to Alliance and their and their rivals they go there as 00:32:49.880 --> 00:32:54.240 well so this would allow them to operate in and out of their hometown airport and 00:32:54.240 --> 00:32:59.200 bring in all of their competitors into our facility as well also the Texas 00:32:59.200 --> 00:33:03.400 Motor Speedway charters that are associated with that there's there's 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 00:33:07.060 --> 00:33:12.600 but we do get some now they operate under a certain provision of FAA rules 00:33:12.600 --> 00:33:16.360 by having this certificate it would allow them all to be able to operate at 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 00:33:23.200 --> 00:33:27.520 in under certain provisions and some of the raceway charters do come in but this 00:33:27.520 --> 00:33:32.680 will open it up to all of them so the timing here with this particular project 00:33:32.680 --> 00:33:38.080 is the initial FAA inspection that was completed and we will we will be 00:33:38.080 --> 00:33:42.000 analyzing that information and determining what what capital impacts 00:33:42.000 --> 00:33:45.520 there might be in order to make that happen many of the items that they 00:33:45.520 --> 00:33:49.000 identified were items that were already in the process of having tech stock 00:33:49.000 --> 00:33:53.880 grants to address anyway so we believe that it won't be too significant to to 00:33:53.880 --> 00:33:58.720 do that my background I like operating a general aviation airport as if we were 00:33:58.720 --> 00:34:02.560 part 139 anyway because it's just the right thing to do at safety so we 00:34:02.560 --> 00:34:07.620 operate that way now so we have our our employees trained we do all of the 00:34:07.620 --> 00:34:11.880 requirement and paperwork that we do for 139 anyway we're already doing that so 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 00:34:16.240 --> 00:34:22.080 airport certification manual for FAAs consideration it usually takes 9 to 12 00:34:22.080 --> 00:34:27.360 months we've heard sometimes many as two years it just depends on FAAs 00:34:27.360 --> 00:34:33.360 workload our intent is to look at some similar airports Tuscaloosa Alabama 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 00:34:37.720 --> 00:34:41.040 type of certificate and they accommodate the University of Alabama's 00:34:41.040 --> 00:34:45.720 traffic so we're hoping that that will give us some insight and maybe fast-track 00:34:45.720 --> 00:34:51.360 our approval process so although it's got the same information there on the 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 00:34:56.160 --> 00:34:59.400 for you folks you might not understand what the airplanes look like the one 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 00:35:03.680 --> 00:35:08.840 pretty much their entire fleet that happens to be a charter aircraft that 00:35:08.840 --> 00:35:12.480 does sports charters looks just like a regular passenger aircraft the one on 00:35:12.480 --> 00:35:19.160 the top is an Embraer 135 it's just a smaller aircraft that can accommodate 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 00:35:25.360 --> 00:35:29.420 before we actually had nine of those come in for the race not last year but 00:35:29.420 --> 00:35:32.720 the year before we had nine of those particular airplanes with the race teams 00:35:32.720 --> 00:35:40.280 that all came in so with that I'll be happy to go back 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 00:35:51.360 --> 00:35:58.160 Alliance is just right there like how what are we doing it's a great question 00:35:58.160 --> 00:36:02.720 there's a couple of things that are actually in play sometimes it's economic 00:36:02.720 --> 00:36:07.020 development department and the chamber that helps us with that our fixed base 00:36:07.020 --> 00:36:11.880 operator obviously they're kind of the marketing arm of aviation if you will 00:36:11.880 --> 00:36:15.760 they're the ones that meet and greet everybody they do quite a bit of work 00:36:15.760 --> 00:36:21.200 meeting with those folks I've also been in contact with the Texas Motor Speed 00:36:21.200 --> 00:36:25.560 Speedway myself and have talked to them about 139 and what that means and 00:36:25.560 --> 00:36:30.400 they're telling all of their customers that that will be coming as well we also 00:36:30.400 --> 00:36:34.720 work with the NBA which is the National Business Aircraft Association and I'll 00:36:34.720 --> 00:36:38.840 be talking with them actually tomorrow and they will be assisting us in that 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 00:36:47.280 --> 00:36:51.980 do not charge a landing fee at our airport the only airport other than DFW 00:36:51.980 --> 00:36:56.540 and Dallas Love Field to charge the landing field is Alliance none of the 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 00:37:04.640 --> 00:37:09.520 competitive if you look at some of our our competitive airports you're talking 00:37:09.520 --> 00:37:15.880 about Addison Fort Worth Meacham McKinney those are really kind of our 00:37:15.880 --> 00:37:21.560 sister airports if you will if we charge a landing fee the operators of those 00:37:21.560 --> 00:37:25.760 aircraft have a they have an opportunity to choose a number of other places to go 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 00:37:29.340 --> 00:37:34.240 those competitors are maybe a more strategically located than we are to the 00:37:34.240 --> 00:37:39.080 downtown markets whether it be Fort Worth or Dallas so at this particular 00:37:39.080 --> 00:37:43.780 time it wouldn't be advisable to although the revenue would be nice to 00:37:43.780 --> 00:37:47.960 have the additional revenue I think it would put us at a disadvantage compared 00:37:47.960 --> 00:37:53.880 to our sister so is our revenue basically gasoline or excuse me fuel and 00:37:53.880 --> 00:38:00.240 maintenance our revenues are really derived from land leases and from fuel 00:38:00.240 --> 00:38:12.000 fuel thank you question I didn't say that thank you for asking that question 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 00:38:17.640 --> 00:38:21.640 feet again it's it'll accommodate most of the corporate airplanes but not all 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 00:38:25.160 --> 00:38:28.400 situation on the main runway we can accommodate the vast majority of our 00:38:28.400 --> 00:38:39.360 traffic on that on the second one any other questions hearing none thank you so 00:38:39.360 --> 00:38:42.600 much thank you presentation 00:38:47.120 --> 00:39:00.960 let's see the next agenda item is EDP 19-024 receiver report and hold the 00:39:00.960 --> 00:39:05.000 discussion and make a recommendation to City Council regarding a downtown 00:39:05.000 --> 00:39:11.360 reinvestment grant for 119 West Hickory the loophole the downtown task force 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 00:39:19.840 --> 00:39:23.480 giving you some information that is on a slide in my presentation but it's very 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 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 00:39:36.920 --> 00:39:40.040 have the owners with us today Charlie and Lindsay Nolot so if you have some 00:39:40.040 --> 00:39:43.680 questions at the end they're here to answer any questions that I might not be 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 00:39:49.600 --> 00:39:55.960 was Lamode department store in 1960s it was like a collegiate shop the last one 00:39:55.960 --> 00:40:02.920 is the drawing of the improvements that the owners are currently making this is 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 00:40:08.440 --> 00:40:13.360 a patio area here there will be doors that can open or close on the sidewalk 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 00:40:20.120 --> 00:40:29.280 new patio section and as as was brought up earlier this you have looked at this 00:40:29.280 --> 00:40:38.560 particular building before so back and she'll look at your backup back in February you 00:40:38.560 --> 00:40:42.640 looked at this after the Historic Landmark Commission had approved the 00:40:42.640 --> 00:40:47.600 changes and the downtown task force had approved the changes it went to council 00:40:47.600 --> 00:40:54.160 in March and they approved that particular grant for $5,000 the owners 00:40:54.160 --> 00:41:00.240 came to that meeting and requested that given they had some new some new things 00:41:00.240 --> 00:41:04.260 they were doing some new charges and asked if they could come back to the 00:41:04.260 --> 00:41:09.400 task force and so we we did another application so this is a brand new 00:41:09.400 --> 00:41:14.040 application not nothing to do with the very first one this is the first budget 00:41:14.040 --> 00:41:20.840 just to kind of give you that background so the planned improvements right now are to 00:41:20.840 --> 00:41:27.680 restore that facade to the 30s 40s kind of that historic look the signage some 00:41:27.680 --> 00:41:32.800 interior improvements which includes some custom booths they're kind of 00:41:32.800 --> 00:41:37.080 playing on the Bonnie and Clyde theme inside and they're going to do some 00:41:37.080 --> 00:41:41.520 things on their menu for about Bonnie and Clyde an improved stage area for some 00:41:41.520 --> 00:41:48.560 music and outdoor patio area they have discovered it during this process the 00:41:48.560 --> 00:41:53.080 original terrazzo floor down in the entryway some of the timber joist and 00:41:53.080 --> 00:41:59.720 additional original brick that wasn't not exposed before so we kind of have a 00:41:59.720 --> 00:42:06.520 before and a current here this picture is probably about a year ago the several 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 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 00:42:16.720 --> 00:42:22.660 just some shots here I did have some some slides from the owners that they 00:42:22.660 --> 00:42:26.600 presented to council earlier and I just included some of these so you can kind 00:42:26.600 --> 00:42:32.320 of get a feel of where they're going the murals inside again dealing playing off 00:42:32.320 --> 00:42:36.120 at the Bonnie and Clyde history and the history of Bonnie and Clyde and Denton 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 00:42:41.800 --> 00:42:48.160 screen so this is the current bit sheet that they have given me and the total 00:42:48.160 --> 00:42:52.000 down there's one hundred and six thousand six hundred and fifty dollars 00:42:52.000 --> 00:42:58.000 and again the previous review the on this particular application April the 00:42:58.000 --> 00:43:03.200 11th the downtown task force looked at this they recommended $10,000 grant 00:43:03.200 --> 00:43:08.880 because they scored 21.8 which was rounded up to 22 which gave put them in 00:43:08.880 --> 00:43:15.720 that category of up to $10,000 it's in a nutshell 00:43:15.720 --> 00:43:25.280 answer any questions question here they asked for 25,000 and got five and then 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 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 00:43:34.400 --> 00:43:40.640 address so of that 20,000 they were granted 10 which makes that a total of 00:43:40.640 --> 00:43:48.580 15 total towards the 106 we saw here or the 106 plus the other expenditures they 00:43:48.580 --> 00:43:51.960 spent so retreat retreating these separately and the very first 00:43:51.960 --> 00:43:58.000 application I don't believe we included the signage on these okay we took the 00:43:58.000 --> 00:44:02.880 signage back at another signage is in there I think on the first one we decided 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 00:44:08.680 --> 00:44:12.600 application because we just didn't want to confuse the work that had started 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 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 00:44:20.680 --> 00:44:25.080 they have not collected that yet because we need receipts and some other things 00:44:25.080 --> 00:44:31.400 for that application from this point today if it moves forward it will move 00:44:31.400 --> 00:44:38.120 forward to counsel for their final decision so just so the itemized bid 00:44:38.120 --> 00:44:44.280 sheet we just saw was it completely new items that weren't listed previously 00:44:44.280 --> 00:44:49.160 with the exception of the signage these are items that had not been started when 00:44:49.160 --> 00:44:59.840 they filled out the second application so being somewhat new to this process I 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 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 00:45:13.440 --> 00:45:18.880 this point 20,000 max on this building and then there's and then this 00:45:18.880 --> 00:45:22.960 particular grant is for an additional 10 yes sir okay is what we're looking at 00:45:22.960 --> 00:45:29.320 today okay thank you question Julie can you tell us what what is our current 00:45:29.320 --> 00:45:32.840 balance as far as the amount this year that we're going to be able to 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 00:45:36.640 --> 00:45:44.040 we have right so what we got if everything passes through all the way 00:45:44.040 --> 00:45:47.800 through and gets paid out with the exception of this one right now we're at 00:45:47.800 --> 00:45:53.360 about 38,000 on that remaining remaining that was in that general fund balance 00:45:53.360 --> 00:45:57.840 that we were talking about before we moved into the downtown to hers money so 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 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 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 00:46:11.400 --> 00:46:14.820 thirty eight thousand six hundred and thirty five something something like 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 00:46:18.800 --> 00:46:24.600 last time the 101 hickory and the one one one eleven industrial so and the 00:46:24.600 --> 00:46:30.280 five thousand previous included on it so right at this moment thirty eight thousand 00:46:30.280 --> 00:46:36.120 not counting this money so it makes sense yes and then moving forward it 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 00:46:40.800 --> 00:46:45.920 each time will be a request from that the tourist board has approved a hundred 00:46:45.920 --> 00:46:50.760 thousand per year okay to moving forward once the general fund money is gone and 00:46:50.760 --> 00:46:55.200 we move into that money they can each year make a decision and change that 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 00:47:01.440 --> 00:47:05.440 fiscal year on the city on the city fiscal year okay again just trying to 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 00:47:10.560 --> 00:47:24.280 for the time thank you any other questions the recommendation is the 00:47:24.280 --> 00:47:29.040 recommendation was 10,000 from the task force they have a recommendation on the 00:47:29.040 --> 00:47:34.360 floor for 10,000 all in the year 00:47:36.920 --> 00:47:42.280 can we have a motion need a second second motion and second any further 00:47:42.280 --> 00:47:50.400 discussion hearing none all in favor of approving the $10,000 grant signify by 00:47:50.400 --> 00:47:59.840 saying aye against the same sign any abstentions thank you Julie 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 00:48:15.480 --> 00:48:19.760 discussion and give staff direction regarding the number of economic 00:48:19.760 --> 00:48:25.160 development partnership annual business awards to be given and the selection 00:48:25.160 --> 00:48:30.080 criteria okay miss Cunningham thank you I'm Michelle Cunningham business 00:48:30.080 --> 00:48:35.240 development officer city economic development department and as you may 00:48:35.240 --> 00:48:41.120 recall a presentation was given on this topic at the board's last meeting but 00:48:41.120 --> 00:48:45.520 you were not asked at that time to make a recommendation or reach a decision and 00:48:45.520 --> 00:48:49.400 so I'm back with that purpose in mind and to provide a little bit more 00:48:49.400 --> 00:48:55.920 information about the award process historically the economic development 00:48:55.920 --> 00:49:02.800 board provides the premier or the final capstone award each year at the annual 00:49:02.800 --> 00:49:07.880 mayor's City Council business awards breakfast the criteria were adopted by 00:49:07.880 --> 00:49:13.600 the board in 2008 and you will find those criteria on I believe it's your 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 00:49:23.560 --> 00:49:28.800 to be researched for ultimately the board selection members of the board 00:49:28.800 --> 00:49:35.760 were interested in being able to better judge small businesses or enter 00:49:35.760 --> 00:49:41.720 nominations of smaller businesses because as you can see historically the 00:49:41.720 --> 00:49:46.320 larger companies Peterbilt Target you know wonderful companies but larger 00:49:46.320 --> 00:49:54.920 companies upon are for whom had higher tax valuations and higher number of 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 00:50:03.040 --> 00:50:09.600 with the general criteria that had been placed in 2008 for for predominantly 00:50:09.600 --> 00:50:13.560 these larger companies and so the intent had and I'm aware of the Chamber of 00:50:13.560 --> 00:50:17.280 Commerce every year provides a small business award and this is a pivotal 00:50:17.280 --> 00:50:22.600 award provided by the chamber and that was brought up at the time and it was 00:50:22.600 --> 00:50:27.640 not ever the intent of the Economic Development Partnership Board or to 00:50:27.640 --> 00:50:32.000 replace or discussion indicated it was never the intent of the board to replace 00:50:32.000 --> 00:50:35.720 or compete with that award because it is significant and on the part of the 00:50:35.720 --> 00:50:41.000 chamber but to have a different set of criteria that were more conducive for 00:50:41.000 --> 00:50:46.440 this board to be able to compare smaller companies to each other so say you 00:50:46.440 --> 00:50:50.000 nominated three or four smaller companies and there were no large 00:50:50.000 --> 00:50:55.000 companies smaller companies were harder to evaluate based on the very general 00:50:55.000 --> 00:51:01.920 criteria that you had in the 2008 criteria that the board had adopted and 00:51:01.920 --> 00:51:06.520 so staff was requested to go back and before the nominations occurred this 00:51:06.520 --> 00:51:12.080 year to come back with a suggested criteria that might work if the board 00:51:12.080 --> 00:51:18.600 wished to nominate small companies so that their their contributions to the 00:51:18.600 --> 00:51:23.960 community or and their structure would be fairly analogous to the large 00:51:23.960 --> 00:51:29.160 companies but would be a little bit more scaled down to being able to compare 00:51:29.160 --> 00:51:33.920 smaller companies with each other to reach your determination so the process 00:51:33.920 --> 00:51:39.520 typically that this typically takes is that this board will provide nominations 00:51:39.520 --> 00:51:44.880 staff will go back and research these companies based on all of the different 00:51:44.880 --> 00:51:50.880 categories of criteria will come back to the board with those that matrix filled 00:51:50.880 --> 00:51:54.880 in so that you have an opportunity of comparing all the companies that you 00:51:54.880 --> 00:51:59.760 nominate directly across that matrix with each other to help aid you in your 00:51:59.760 --> 00:52:07.560 discussion so at this point at the last meeting there was discussion as to 00:52:07.560 --> 00:52:13.800 whether the Economic Development Partnership Board wished to adopt or go 00:52:13.800 --> 00:52:19.560 forth with possibly presenting one large award or a larger business award each 00:52:19.560 --> 00:52:26.200 year by larger I mean a hundred employees and over or and to present a 00:52:26.200 --> 00:52:31.920 smaller business award for companies having under a hundred employees the 00:52:31.920 --> 00:52:40.160 second aspect was if indeed the board should elect not to do that or if there 00:52:40.160 --> 00:52:44.960 is a circumstance where you are nominating smaller companies and no 00:52:44.960 --> 00:52:50.680 large companies for your consideration are the criteria that are included and 00:52:50.680 --> 00:52:56.600 that's your final page for for determining or for comparing smaller 00:52:56.600 --> 00:53:03.680 companies acceptable to the board so we need a determination of how many awards 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 00:53:09.040 --> 00:53:14.880 do a large award and a small award and whether regardless of that outcome 00:53:14.880 --> 00:53:20.800 whether if you are considering small companies for an award of any kind from 00:53:20.800 --> 00:53:27.040 this board if the second set of criteria targeting smaller companies is is 00:53:27.040 --> 00:53:37.840 acceptable and is one that you would like to utilize I exhibit three is the 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 00:53:42.160 --> 00:53:48.020 there's specific things that we can relate to how they're involved in the 00:53:48.020 --> 00:53:52.720 community in several different ways I would like to continue with the large 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 00:53:58.920 --> 00:54:03.120 criteria you have listed here 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 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 00:54:12.660 --> 00:54:22.880 direction so just discussion so we have some general discussion that's been laid 00:54:22.880 --> 00:54:26.840 on the table would anyone like to continue that discussion or or take a 00:54:26.840 --> 00:54:34.840 contrary position the second award for smaller companies because for the big 00:54:34.840 --> 00:54:39.040 companies got big they were small something that'd be good it'd be nice to 00:54:39.040 --> 00:54:44.360 recognize the small growing companies that are here as well for sure 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. 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? 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 00:55:24.200 --> 00:55:29.440 small I think it and then the criteria that's listed here I believe is pretty 00:55:29.440 --> 00:55:39.160 comprehensive and the the only question I have is in in kind of doing the 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 00:55:44.520 --> 00:55:49.660 the city? You decide you this board makes the selection this board makes the 00:55:49.660 --> 00:55:57.640 nominations. So the selection comes from us then? Correct. How does us feel about 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 00:56:13.840 --> 00:56:17.680 something this year or? Well perhaps I misphrased it because I thought a 00:56:17.680 --> 00:56:22.280 recommendation would be made then regarding the number of awards and the 00:56:22.280 --> 00:56:29.620 criteria. So you have the the direction would be to move forward with both 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 00:56:34.540 --> 00:56:38.580 nominations we'll be taking nominations for both a small business and a large 00:56:38.580 --> 00:56:42.340 business award with these criteria so that's when it will come back to the 00:56:42.340 --> 00:56:50.020 board. So there's no formal action needed. I think my question was since the award 00:56:50.020 --> 00:56:54.700 is September right? Correct. So we're looking forward to doing two awards in 00:56:54.700 --> 00:56:59.980 September. Correct. And so when did you tell them when the nominations will be? We may 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 00:57:05.900 --> 00:57:11.100 like to mark your calendars we have a date of September 20th for the Mayor 00:57:11.100 --> 00:57:15.500 Council breakfast. Normally we do these on Thursdays but Thursday the 19th is 00:57:15.500 --> 00:57:21.100 the Chamber's board meeting and we don't want to have businesses that are trying 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 00:57:25.820 --> 00:57:31.000 to look at Friday the 20th and that means that we probably should back up 00:57:31.000 --> 00:57:38.300 nominations to June. Have you all make a selection in July or at the very 00:57:38.300 --> 00:57:42.620 latest August? I'm accounting for what might happen if for whatever reason we 00:57:42.620 --> 00:57:50.220 don't have a quorum during the summer months. Okay I think that means that we 00:57:50.220 --> 00:57:56.380 would need nominations at the next meeting. We'll certainly make sure to 00:57:56.380 --> 00:58:03.660 provide that information to the board. Is this date to 9/20 is that the current 00:58:03.660 --> 00:58:12.220 date for the Mayor's breakfast? Correct. Okay. Thank you. Location to be determined. 00:58:12.220 --> 00:58:24.420 We promise we'll tell you where it is. Yeah. Any other information Michelle? 00:58:24.420 --> 00:58:49.640 Okay thank you for your presentation. Okay concluding items. Okay if you don't 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 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 00:58:57.980 --> 00:59:03.900 it Jessica? Just open it up if the board has any concluding items anything that 00:59:03.900 --> 00:59:07.540 they'd like to see come forward on a future agenda or any type of 00:59:07.540 --> 00:59:13.140 recognition that they'd like to make at this time. Concluding items or feature 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 00:59:20.780 --> 00:59:25.100 presentation will come through this board as well. It won't come through this board 00:59:25.100 --> 00:59:30.500 no because that will actually go through the Public Art Committee first. We can 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 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 00:59:38.540 --> 00:59:45.140 presentation if that is requested. I know that it has pretty significant economic 00:59:45.140 --> 00:59:50.260 development associated with it so at some point even after the application or 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 00:59:58.580 --> 01:00:12.100 what Erica told me. Any other items, agenda items? 01:00:12.100 --> 01:00:21.060 This week is economic development week, small business week, and national travel tourism week. 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 01:00:38.660 --> 01:00:45.420 wondering if we could take a photo of our economic development board for 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. 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? 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 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.