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 Good morning today is Wednesday July 10th at 1104 we're going to call the

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 Economic Development Partnership Board together and my name is Marty Rivers the

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 chair of the board and we're gonna start off a little bit out of order compared

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 to what your agenda says this morning we're gonna start off with the item

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 number I guess let her see the EDP 19-039 receive a report hold a

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 discussion and make a recommendation regarding an incentive application for

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 Tracks Corporation call Jessica up to give that presentation also before we

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 get started I was asked to remind everybody if you're speaking to make

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 sure we're speaking into the microphone and you want to make sure you are heard

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 all the minutes so specifically pointed out Jill's being too quiet

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 well good morning everyone and before I get started this morning I want to make

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 sure that everyone knows we have a few special guests in the room that will be

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 helping with the presentation this morning and so Craig Silver's who's the

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 CEO of Tracks Corporation is here from California so we hope he's enjoying our

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 very hot day and I think Kim will be probably doing the primary but Kim war

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 with new new Mark Knight Frank as well as Erica and Gary who are here with the

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 consultants as well so if if I can't answer something I'm positive that they

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 can so let's get started so the first thing I'll do is go through a little bit

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 of the background of the company at four tracks so they were founded in 2007 and

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 their headquarters in Pomona California and their facility there includes both

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 manufacturing research engineering distribution sales it's a fully

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 integrated facility they are a leading manufacturer of floor installation

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 products that are those are things like carpet seam tapes tack strips and I can

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 tell you that's about the extent of my knowledge of flooring products but I'm

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 glad we have mr. Silvers here to answer any follow-up questions if you have any

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 on those and those products are sourced from all over the world but the company

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 does maintain a made in America policy wherever possible so the project here in

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 Denton they're looking at building a one hundred and fifty thousand square foot

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 fully integrated facility very similar to their current facility they would be

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 relocating their headquarters in manufacturing to Denton they would

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 bring 90 full-time benefits eligible employees with the weighted average range

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 of twenty four ninety seven and we'll come back to the wages in a few slides

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 and the estimate as well as the investment dollars and the estimated

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 investment for this project is about twenty seven million with it to offer a

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 value add and about thirty four million when you count in inventory so the

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 project and site that they are considering in Denton and is included in

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 what is currently the ironwood business park the full site is about 86 total

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 acres the site that tracks is looking at is about 10 acres the rest of this

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 business park is being developed with speculative buildings and so you'll see

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 on the next slide a preliminary site plan that we received from the developer

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 and the ironwood group and so this is the ironwood site and I do apologize the

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 last map is a little off scale the site looks much bigger but this is about 10

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 acres of the site as mentioned they are looking at a hundred and fifty thousand

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 square foot partial climate controlled and this facility because of where it's

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 located on the site would assist in bringing the developer and bringing the

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 utilities and the needed infrastructure into the site and so it's a great

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 catalyst project for this development and the site size is plenty to allow for

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 building truck parking materials and that that they will need for their site

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 so we're gonna switch gears just a little bit and talk about the current

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 conditions and the proposed conditions for this project so the current

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 conditions the property does currently have an agricultural exemption on it so

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 as you can see it doesn't generate a lot of revenue for the city and its current

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 state about $25 a year with 10 going into the tears and 15 going to this

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 city generally and the proposed conditions based on some estimates on

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 the site and the values provided by the company and the total valuation as I

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 mentioned would be just under 27 million and with generating about $34,000 per

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 year into the tours city we're getting a hundred and thirty two thousand and then

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 the gross tax about a hundred and sixty six thousand that's a lot of numbers in

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 a short amount of time so there are questions

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 yes this would be one year thank you so we're anticipating improvements to be

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 completed within one year in this amount so I believe the full build out is for

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 end of 2020 yes I'm getting a head nod yes excuse me John Baines so as part of

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 the application the applicant did submit wage data and these are just sort of

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 averages based on the number of positions that you have but total payroll

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 of just under 4.5 million and these would be the estimated hourly wages for

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 each position and I'm gonna go into really the part that's important which

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 is how that number relates to the requirements in the city's policy for

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 abatements and that is that they are weighted average their average wage

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 needs to exceed the county median and county average so here's the county

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 average and county median and here's where their wages stack up both their

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 average wage in their average weight in weighted average wage exceed those requirements

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 so for the incentive they requested an abatement and additional incentives we're

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 going to focus on the abatement first it will assist in offsetting the

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 relocation and development costs of the property it also enables them to apply

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 for Denton County tax abatements and to the Texas enterprise zone as you remember

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 Denton County's policy is that they can't consider an abatement unless the

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 municipality grants one first so we have been engaged in conversations with the

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 county and they are certainly open and if the city does offer an incentive they

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 would engage in conversations with this company as well so under the city's

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 policy tracks does meet a few of our priority considerations business and

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 community investment they are expanding the tax base and they are increasing

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 jobs with wages above Denton County's average wage and median wage our city

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 policy to call out sort of this was on the abatement side what they would

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 qualify for and what they what considerations would qualify them for an

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 abatement and they must create a minimum of five million as you saw they're

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 create generating about 27 million in value so they exceed that they're also

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 exceeding the higher paying jobs based on the established criteria of the

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 average wage being above the county median wage they are relocating a

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 national headquarters and then as they indicated in their application that they

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 would be using 25% of local contractors and construction or 25% of the new jobs

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 would be filled by Denton residents so for the abatement based on the

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 information that we had and in the application we did an analysis based on

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 valuation and how this project compared to other abatements that have been

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 granted by the city so staff recommendation on this is a 40% tax

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 abatement on business personal property for four years the reason that this

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 incentive is only on the business personal property you'll remember

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 probably from the Tyson discussion is this area is within the TURS so the land

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 and improvement value is going into being captured by the TURS 40% of that

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 and only 60% is going to the city and some quick numbers on this and I'll give

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 you the full chart in just a slide but a hundred at this value for of this

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 incentive is a hundred and twenty nine thousand to the company it would

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 generate about a hundred and ninety three thousand in revenue on the

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 remaining business personal property in that same four-year period in a ten-year

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 period it would generate about six hundred and seventy seven five total

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 revenue to this city on only on the business personal property and the

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 cumulative revenue which has this fun formula down here sixty percent of land

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 and improvements plus sixty percent of the business personal property during

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 the period of abatement plus 100 percent of the business personal property tax

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 revenue for the six years outside of the abatement would be a one point just

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 under 1.2 million revenue to the city the TURS would benefit about three

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 hundred and forty five thousand dollars over a ten-year period so that's where

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 all of those numbers come from it's a fun chart as we typically do we we do a

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 ten-year analysis to look at an apples-to-apples comparison of all of our

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 projects with ten years being the most number of years that we could offer an

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 abatement so we've broken it down here as you see here's the TURS fund getting

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 its thirty four thousand per year the abatement on the business personal

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 property which generates a hundred and twenty nine thousand for the company and

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 then the city revenue which gets a little bit you know more fuzzy down here

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 that's sixty percent going into the city every year that's not being captured by

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 the TURS on the land and improvements the sixty percent that's not being

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 abated right here and then there remain hundred percent when the abatement ends

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 and that's the six hundred and seventy seven thousand we discussed cumulative

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 revenue being one point two million sorry that was a lot so I want to make

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 sure that everyone is comfortable with that analysis and John's giving me a

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 smile I think that's good I do have a question please yes John Baines because

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 I don't always remember tell me about the the the fact check on on these

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 projections I know as a numbers guy sometimes they include a lot of blue sky

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 for those of you for those of you're not familiar with that term a little fluff

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 and so how are we doing when we're projecting these kinds of things when we

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 go back and double check the projections versus the actual how do we how do we

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 how we're looking on those so the numbers that we get are actually

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 provided by the company what their estimated total valuation is what we do

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 and have done in our abatement contracts is we actually include a clause about

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 them maintaining a certain level of it that they have to reach that investment

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 to trigger the abatement and then they have to maintain a certain level of

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 investment to continue the abatement so that's where that check comes in so we

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 also cap usually the abatements based on our estimates if they were to achieve

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 this number our calculations pretty straightforward we would say with the

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 account so if they invested more we would still cap the abatement at a

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 certain dollar threshold so for example here we have one point one nine four as

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 the cumulative city potential so and our fact-checking is that you know the

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 procedure that we use to come up with this number do we go back and look at

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 the projected versus the actual is this kind of projection yes yes every year as

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 we're verifying the incentives we're tracking how much was actually generated

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 by a project that gets reported in our net revenue report each year thank you

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 for helping me remember because I don't always remember thank you okay so in

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 addition to the abatement the company has also requested some consideration

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 some additional incentives so the first would be a construction sales and use

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 tax grant this is a fairly typical request we usually offer about 50% of

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 the construction sales and use tax rebated granted back to the company for

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 these types of projects as a consideration and they've also asked for

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 nomination to the Texas Enterprise Zone program and I do have the value of those

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 in just a few slides and then they've also asked for an additional grant or

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 abatement on rollback taxes and those are when a property is being converted

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 from an at removing its agricultural exemption it owes five years of back

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 property taxes as if it was used for a higher use for this property the

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 estimate is that would be just under $4,000 and then based on the estimated

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 electric use they would not qualify for the economic growth rider if they did of

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 course that's an automatic trigger so if they did generate we use one megawatt of

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 energy that growth rider would automatically be triggered so I wanted

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 to give you a quick comparison of the projects that we've had come forward

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 recently just to give you some context of how we got to the numbers that we

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 did so Tyson in US cold storage were the most to recent abatement requests that

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 we received their investment levels are here for you Tyson at about 97 million

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 total 50 million AV value US cold storage was about 34 million with 29 AV value

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 US cold storage did not get an abatement they did qualify for the growth rider

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 and they were given a construction sales and use tax grant Tyson qualified also

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 for the economic growth rider they were given an abatement of 25% of business

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 personal property for six years but they were not granted a construction sales

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 and use tax grant they were nominated to the Texas enterprise zone program so as

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 you can see here here's where tracks lines up with those any questions about

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 that right so that pretty much sums up my portion of the presentation I'm all

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 certainly let mr. Silvers or Craig answer any questions that you guys have

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 but for you today for your discussion is to consider a tax abatement 40% on

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 business personal property for a term of four years you could also recommend a

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 different percentage or term of the tax abatement or you could recommend new

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 abatement and then I'd also like to have the discussion and direction on the three

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 additional incentive requests that have been made on behalf of the company

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 I got a couple questions for you yes sir could you go back a couple slides there

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 so our other discussion a lot of times you will come or staff will come with

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 recommendations to do those so my question is why are you not recommending

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 that or why is that not an option for us maybe maybe just a change this is my

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 first one that I'm doing but my understand was to just seek direction

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 from the board but I we would recommend consideration of all of those and on our

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 so on the four-year 40% versus Tyson's six-year 25% the numbers or maybe eight

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 or nine thousand dollars different but why are we doing it in a short higher

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 percentage in a shorter amount of time so when we look at the percent being

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 abated we look at it might be helpful when we get back to that slide so when

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 we're looking at the percent being abated here we're actually looking at

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 priority considerations how many boxes of those items are being checked out of

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 the policy when we're looking at the term in years we're looking at the total

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 investment so Tyson had fewer priority considerations but a larger investment

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 tracks has a lower investment but more priority considerations that's not a

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 hard and fast rule that's simply how the staff policy has been for conducting

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 the evaluation thank you also have any questions for staff

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 I do so I'm not in favor of the actual recommendation per se and I know that

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 businesses are supposed to ask for incentives that's what they do it

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 doesn't necessarily mean that we have to grant them but what I want to know is

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 what is unique about this company because we have a lot of manufacturing

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 jobs we're doing a lot of the same thing so what are they bringing to our

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 community that is special I think for this project like I mentioned the there's

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 a few of these priority considerations the city councils made it their policy

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 or stated these items in their policies these are the types of companies that we

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 want to have located in our community and consider for incentives higher

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 paying jobs a national headquarters relocation and 25% of jobs filled by

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 didn't residents or 25% of local consideration so those are the that's the

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 direction that we have from council and so when we receive an application from a

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 company that meets those considerations that meets those requirements that

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 council has said this is what qualifies you for an incentive we would certainly

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 want to bring that forward for consideration so I appreciate that I'm

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 having an issue with 70 of 90 of the jobs below 50,000 a year we're doing a

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 lot of studies on living wages and what it would take to have a good quality of

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 life in Denton County and 50,000 is what it would take anything below that is

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 considered you know borderline poverty for a family of four so if we're if

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 we're looking at wanting to get higher paying jobs if it's just one individual

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 out of college just makes you know okay sense but if it's somebody who is trying

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 to support a family it doesn't so and I have a question for the company because

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 there are let's get questions for Jessica first and then so people have to

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 come back and forth to the microphone so I've got some questions to anybody else

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 have any questions for Jessica all right we get somebody up

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 who would you like if you wouldn't mind stating your name so we can get you on

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 good morning I'm Craig Silvers I'm the CEO of tracks corporation and hi I'm

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 Kim Warren I'm a senior managing director with Newmark night Frank so my

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 questions are you're moving the headquarters are you relocating people

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 from California to here we haven't offered relocation to people yet but

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 we've talked you know to a handful of people and once once we've determined

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 where we're going and what we're doing we'll offer relocation packages and

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 state packages to the current employees are you shutting down the California

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 moving to wherever moving moving someplace most of our headquarters that

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 get credit for having an international or national headquarters and maybe you

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 guys can help remind me but the repeater belts and Sally Beauty and there they

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 have a pretty large component of office space and office staff and I hire paying

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 jobs so do we have anybody else that is a manufacturer that is industrial space

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 that we're counting as headquarters do you have how much of your space is

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 office space versus right currently we have two locations we have a location in

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 Pennsylvania just outside of Philadelphia and we have the Pomona

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 location the current plan is to consolidate the Pennsylvania into

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 wherever we relocate to so we have 130,000 feet in California and we have

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 38,000 feet in Pennsylvania Pennsylvania has eight employees and

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 California has 90 so the consolidation would happen over probably the next 18

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 to 24 months and that of your trying to get the current the current office staff

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 we have 12 people so are you gonna have 5,000 square foot of office higher

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 costing nicer looking office space than all we're actually looking currently we

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 have about 10,000 feet of office that has a training center or a lab but it's

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 not you know we're not overrun with office staff it's it's a pretty lean

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 operation all ahead Kiwi yeah so you kind of mentioned the 12 office staff I

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 assume that those are the ones that make a hundred thousand or above on the list

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 when I counted it equaled about our production people production facility

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 managers those people are pretty highly compensated they're making you know

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 maintenance guys production plant superintendent shipping receiving those

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 guys are all making north of 60,000 a year I'm going by the list that's a

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 hundred thousand and above so that's that's where I mean we're trying to get

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 those higher paying jobs here into into the city do you have a residence

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 requirement so if anybody that works at your facility they have to live within a

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 certain distance from it no so they could live in you know Fort Worth or

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 Flower Mound or okay thank you

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00:23:12,960 --> 00:23:18,120
 first off thank you for considering for your relocation a couple questions one

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 why are you moving from California so it's interesting you know why secondly

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 are you coming well I am coming okay right now 85% of our business is outside

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 California okay so you know freight is probably the biggest driver

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 secondarily it's just you know transiting you know we have a plant in

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 Pennsylvania to service the East Coast because it's a 10-day transit time so we

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 we have the dominant market share in our business segment we have a manufacturing

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 plant in China you know so we're trying to balance you know where do we

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 manufacture where are we most efficient and you know trying to remain efficient

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 and ship 85% of our product outside of California we're paying it to a lot of

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 other people and you know we could we could be retaining that so it just makes

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 sense you know we've looked at it for the last seven years and finally it's

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 it's just time to do it so one other quick question what is your philosophy

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 your personal philosophy your company's philosophy on involving the community

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 supporting the community things like that you encourage that with your

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 employees and staff yeah that little bit for us well we're acting on until

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 about 10 years ago I was active in Rotary and did all that I have five kids

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 and you know they were all active in youth sports and we support the local

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 Little League teams and soccer teams and youth camps and you know it's it's all

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 part of one I had several questions once again thank you for coming and

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00:25:02,960 --> 00:25:06,440
 considering Denton my question is this how many other locations are under

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 consideration currently we've we've focused on Denton we're trying to see

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 if this if we can get this done we looked at a couple other sites in the

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 greater Dallas Metro but the bulk of our freight moves JB hunt over the BNSF

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 rail so proximity to those rail hubs is important the farther you get away from

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 them you know it's that's kind of what drives our business as a small business

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00:25:34,120 --> 00:25:40,200
 owner I'm always interested in and when people come to my office I always ask

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 them how did you find us so I'll know how to continue to spend my money so how

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 did you find it tell us about that process this was a national search to

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 start so we were considering other locations outside of Texas then we

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 started zeroing in on the DFW Metroplex and had three locations within the

288
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 Metroplex that we were looking at we provided a labor study to help figure

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 out where best suited it would be to actually pull in the type of labor that

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 he would be pursuing and with that we started looking more and more towards

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 the north here in Denton so that's kind of how it came to pass but we did look

292
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 at others outside the state they're actually very prominent in the industry

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 that that he focuses in and it also has a lot to do with where do I want to live

294
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 the senior management relocate where were we gonna live sulfur springs made

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 us a great presentation so you would live here in Denton then I'd live some

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 place close I'm just curious if the because I did check on the the pollution

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 and the permitting and that didn't seem to be a concern there was zero pollution

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 but does the is there a smell from the glues or anything that you okay thank

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00:27:15,440 --> 00:27:26,760
 you how you envision having a significant relationship with universities

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00:27:26,760 --> 00:27:30,920
 here so we have two universities here with and so can you elaborate on how you

301
00:27:30,920 --> 00:27:45,440
 envision that not everybody is going to have an office job and we have good

302
00:27:45,440 --> 00:27:51,560
 paying mechanically inclined jobs so we spent money with the alexidius school

303
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 and it's part of the fair LA County fairgrounds where they're training young

304
00:27:56,080 --> 00:28:00,120
 people to work with their hands and work on cars and that kind of stuff and that

305
00:28:00,120 --> 00:28:04,060
 translates over into the mechanical stuff we were in the middle of an

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 automation project with robotics and that kind of stuff and it's hard to find

307
00:28:08,200 --> 00:28:12,760
 people that are they're trained with those kinds of skills so that's that's

308
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 really you know the the new kind of modern robotics and automation isn't in

309
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 my opinion is not very well taught everybody's of the mindset that they

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 need to do something else so the industrial engineering is is pretty

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 important to us

312
00:28:31,720 --> 00:28:36,380
 quick question so so you have your I guess your lowest position is production

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 there's 66 jobs projected out would you I guess you would anticipate most of

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00:28:42,480 --> 00:28:46,840
 those jobs would be filled from people that already live here in this area none

315
00:28:46,840 --> 00:28:49,440
 of that would come from California I wouldn't expect that those people yeah

316
00:28:49,440 --> 00:29:01,320
 okay okay thank you is there any kind of degree requirement for those types of

317
00:29:01,320 --> 00:29:06,240
 jobs as far as high school we do have a great vocational program in our school

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 district what kind of qualifications do you need for the entry-level positions

319
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 that you have for the entry-level positions I mean we would prefer high

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 school you know the the labor pool on the lower end you're looking for stable

321
00:29:22,400 --> 00:29:29,920
 reliable good honest people right and we don't have a lot of turnover a lot of

322
00:29:29,920 --> 00:29:33,280
 these people that work in these production jobs that they've been there

323
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 a long time you know it's it's a it's a decent place to work and you know the

324
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 climate is not much different in California that it is here we treat them

325
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 well and I noticed that you do give benefits including dental life insurance

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 401k we medical vision even so is that available to the entry-level tech

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 position it's available to everybody that's great that's great thank you

328
00:30:03,200 --> 00:30:05,680
 that's hard

329
00:30:05,680 --> 00:30:14,120
 do you do you hire felons or do you have a second chance program that you

330
00:30:14,120 --> 00:30:18,520
 I would love to but I don't I don't currently have any that we know of

331
00:30:18,520 --> 00:30:24,520
 you're not allowed to ask part of the issue is here is that once an individual

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00:30:24,520 --> 00:30:27,960
 gets out they have a hard time starting over with you know job and then that

333
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 means you know homelessness and so I would love to hire people like that

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00:30:32,960 --> 00:30:37,640
 honestly you know everybody talks about the veterans and stuff and where we are

335
00:30:37,640 --> 00:30:42,440
 you can't find them you know there's there's there's you're looking for

336
00:30:42,440 --> 00:30:47,040
 people we invest a lot of money training them so you want them to stay that's

337
00:30:47,040 --> 00:30:51,600
 that's a fixed cost that you know I want to train people that'll stay and work

338
00:30:51,600 --> 00:30:56,440
 through there's there's opportunity to advance through the company our VP of

339
00:30:56,440 --> 00:31:02,880
 operations started at 16 years old in the machine shop now he's a VP you know

340
00:31:02,880 --> 00:31:10,700
 it's it's if you're willing to work there's opportunity for advancement you

341
00:31:10,700 --> 00:31:15,960
 mentioned the bulk of your product goes out via rails that 55 percent or 90

342
00:31:15,960 --> 00:31:21,680
 percent well rough it goes out in truckload which is hauled over the rails

343
00:31:21,680 --> 00:31:30,000
 so very a very small percentage in Southern California if it goes if it

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00:31:30,000 --> 00:31:34,200
 goes over a thousand miles it's going on rail if it goes five to eight hundred

345
00:31:34,200 --> 00:31:39,960
 miles it's going on truck over the road so it's over the road and then

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00:31:39,960 --> 00:31:46,440
 intermodal but it's all leaving the premises by truck and the same with the

347
00:31:46,440 --> 00:32:02,120
 in bounds in the in bound is coming in by truck so you know our internal you

348
00:32:02,120 --> 00:32:05,560
 know we started doing the budgeting on this probably a year and a half two

349
00:32:05,560 --> 00:32:12,220
 years ago we currently have about 15 million dollars in inventory sitting on

350
00:32:12,220 --> 00:32:17,840
 the ground at our site just the cost to move that inventory to Dallas is over a

351
00:32:17,840 --> 00:32:25,080
 million dollars no equipment no people no you know reconnection or any of that

352
00:32:25,080 --> 00:32:31,540
 stuff so I know there's a there's a negative attitude towards corporate

353
00:32:31,540 --> 00:32:35,880
 welfare but I think if you look through those slides and you see the amount of

354
00:32:35,880 --> 00:32:41,080
 taxes that a new business brings not to mention the jobs and the other components

355
00:32:41,080 --> 00:32:45,680
 of that the cost of picking up and moving you know at this point in my life

356
00:32:45,680 --> 00:32:50,000
 my wife asked me you know why are you doing it you know I mean how long gonna

357
00:32:50,000 --> 00:32:54,040
 work and and I think about it and sometimes I think yeah why am I doing it

358
00:32:54,040 --> 00:32:59,040
 but you know the long-term objective of the company is you know you do that you

359
00:32:59,040 --> 00:33:03,300
 do the best for the business and people that are there and you know that's that's

360
00:33:03,300 --> 00:33:08,840
 kind of the focus right now but it's not it's not an inexpensive proposition to

361
00:33:08,840 --> 00:33:15,280
 pick up and move and it truly does bring a lot of good things to the community so

362
00:33:15,280 --> 00:33:21,200
 thank you John I had one last question slash comment I was in a meeting

363
00:33:21,200 --> 00:33:30,280
 recently with Ross Perot jr. and he was quoting the the the principal at Schwab

364
00:33:30,280 --> 00:33:36,600
 who said that he was encouraging as many businesses as possible to relocate to

365
00:33:36,600 --> 00:33:40,640
 Texas he said this is really a wonderful place to do business and this is my

366
00:33:40,640 --> 00:33:45,480
 question there's a lot of things on the table would you still be consider

367
00:33:45,480 --> 00:33:53,200
 Denton if you didn't get all those things on the table well I don't want to

368
00:33:53,200 --> 00:33:59,480
 say I wouldn't consider it but but my biggest objective is trying to how long

369
00:33:59,480 --> 00:34:04,360
 is it going to take me to recoup the cost of relocating and the total

370
00:34:04,360 --> 00:34:08,600
 disruption to the business for probably a year year and a half so that that's

371
00:34:08,600 --> 00:34:13,560
 the biggest component to it you know how do you how do you you have to justify it

372
00:34:13,560 --> 00:34:19,760
 at some point so the point mr. Perot is making or sorry the other gentleman's

373
00:34:19,760 --> 00:34:24,680
 name yes about everybody you know should be relocating to Texas well there's a

374
00:34:24,680 --> 00:34:31,960
 lot of other places that work you know besides Texas I grew up in a family

375
00:34:31,960 --> 00:34:36,760
 business and we had a plant just outside of Kansas City for me I was looking at

376
00:34:36,760 --> 00:34:42,400
 places where can I go in one plane ride right one short relatively short plane I

377
00:34:42,400 --> 00:34:47,360
 got on a plane last night at 530 and I was here by 10 you know so it's I'm

378
00:34:47,360 --> 00:34:52,240
 trying to balance that you know the rest of my family is still in California and

379
00:34:52,240 --> 00:34:59,880
 they don't plan to move so if I go to you know Dallas Arlington or wherever

380
00:34:59,880 --> 00:35:03,760
 you know it's got to be something reasonable but there's a lot of other

381
00:35:03,760 --> 00:35:08,600
 good places to that are sort of centrally located in my and one of my

382
00:35:08,600 --> 00:35:13,160
 biggest concerns is with all the people coming here all the companies coming

383
00:35:13,160 --> 00:35:19,120
 here what's it going to do to the labor market and my outbound freight situation

384
00:35:19,120 --> 00:35:23,240
 inbound and outbound the what happened when I started in business in the early

385
00:35:23,240 --> 00:35:30,400
 90s was California was a consumer so all of those goods that were made in the in

386
00:35:30,400 --> 00:35:36,120
 the rust belt in the Midwest and shipped to California by truck created an

387
00:35:36,120 --> 00:35:41,760
 available pool of empty equipment so shipping east was very inexpensive and my

388
00:35:41,760 --> 00:35:46,160
 concern is right now in the summertime California can't get enough trucks to

389
00:35:46,160 --> 00:35:51,240
 ship all the imported goods out so when when does that flip and become a problem

390
00:35:51,240 --> 00:35:55,800
 for the greater Dallas Metro when is there more companies here trying to

391
00:35:55,800 --> 00:36:00,880
 ship their goods out than there are people here to consume you know our our

392
00:36:00,880 --> 00:36:04,720
 business were essentially logistics companies how do we get our goods to the

393
00:36:04,720 --> 00:36:09,000
 customers efficiently and when that changes and it becomes too expensive to

394
00:36:09,000 --> 00:36:13,000
 ship out of here I think a lot of these a lot of these you know you see the

395
00:36:13,000 --> 00:36:17,080
 Amazon and all these big buildings all over those are all consuming outbound

396
00:36:17,080 --> 00:36:24,640
 freight so it is a thought in the back of my head thank you mr. Sears who are

397
00:36:24,640 --> 00:36:30,520
 your customers our customers are primarily for wholesale floor covering

398
00:36:30,520 --> 00:36:39,320
 distributors so if you PFS professional flooring services and supply based out

399
00:36:39,320 --> 00:36:46,120
 of Fort Worth they have 25 branches in Texas and CNC wholesale based in Dallas

400
00:36:46,120 --> 00:36:52,160
 those are those are some of the bigger ones locally but it's it's not it's not

401
00:36:52,160 --> 00:36:56,440
 a product you're gonna go Home Depot carries it but they don't really sell it

402
00:36:56,440 --> 00:37:00,560
 they just carry it it's it's a professional trade if you're gonna have

403
00:37:00,560 --> 00:37:04,960
 carpet or flooring installed in your home and you hire a contractor he's gonna

404
00:37:04,960 --> 00:37:14,400
 go to our customer to buy it any other questions for our applicant thank you so

405
00:37:14,400 --> 00:37:21,080
 much I'll open up the item for any recommendations for further discussion

406
00:37:21,080 --> 00:37:28,760
 we're taking motion thank you thank you thank you very much yes that's a good

407
00:37:28,760 --> 00:37:42,760
 idea so our job today is to make a recommendation on a tax abatement and

408
00:37:42,760 --> 00:37:50,200
 consider any of the other options as well so to get the party started I'll

409
00:37:50,200 --> 00:37:56,840
 make a recommendation that we accept the recommendation of staff on the tax

410
00:37:56,840 --> 00:38:06,760
 abatement on the tax abatement thank you we've got a motion second any further

411
00:38:06,760 --> 00:38:12,360
 discussion absolutely so I I'm just gonna say that I really appreciate that

412
00:38:12,360 --> 00:38:16,920
 they're looking at Denton and I know that din would be a great home we have

413
00:38:16,920 --> 00:38:21,240
 the wonderful location and a fantastic workforce the people that you're looking

414
00:38:21,240 --> 00:38:29,600
 for are actually here so I and I know that if you were not going to recoup some

415
00:38:29,600 --> 00:38:33,400
 of that money the move wouldn't be made at all so it's going to be very

416
00:38:33,400 --> 00:38:38,400
 beneficial for your company to be here in Texas and even in Denton so I'm not

417
00:38:38,400 --> 00:38:42,360
 necessarily I'm not in favor of this recommendation I would be in favor of

418
00:38:42,360 --> 00:38:49,440
 something different I am in favor of the construction sales and use tax grant I

419
00:38:49,440 --> 00:38:55,800
 think that would be beneficial for for everyone but the recommendation I'm just

420
00:38:55,800 --> 00:39:06,160
 not I'm going to be voting no thank you any more discussion does the incentives

421
00:39:06,160 --> 00:39:11,200
 the construction sales and they use tax grant I'm assuming and this is probably

422
00:39:11,200 --> 00:39:15,440
 dumb question that comes out of our general fund is that check written out

423
00:39:15,440 --> 00:39:19,920
 of the general fund then because that's many going out as opposed to not taking

424
00:39:19,920 --> 00:39:25,640
 the money in with a thank you so much good question Tony Tony point the chief

425
00:39:25,640 --> 00:39:29,920
 financial officer actually this this would be sales tax that the city

426
00:39:29,920 --> 00:39:35,560
 wouldn't otherwise get they would have to set up separate contracts through

427
00:39:35,560 --> 00:39:39,000
 that are required through state law they would source all the construction

428
00:39:39,000 --> 00:39:43,400
 material to Denton and then they would shake we would share back with them

429
00:39:43,400 --> 00:39:47,240
 either percentage or the entire amount so so again this would be sell sex that

430
00:39:47,240 --> 00:39:51,720
 we wouldn't otherwise get if it wasn't for this type of agreement and am I

431
00:39:51,720 --> 00:39:55,720
 correct I believe that Jessica spoke earlier that these other incentives

432
00:39:55,720 --> 00:40:05,320
 incentives I'm fine and the keys I can drive these are pretty common is what

433
00:40:05,320 --> 00:40:10,240
 I'm understanding this is not way out of out of line that these other types of

434
00:40:10,240 --> 00:40:14,240
 incentives are pretty are pretty common yeah I think they are common I will say

435
00:40:14,240 --> 00:40:18,880
 that with the enterprise zone we are limited to three per year or no there's

436
00:40:18,880 --> 00:40:25,960
 no limitation on that okay maybe I use that it's four per biennium so we've

437
00:40:25,960 --> 00:40:29,480
 talked with the applicant about this so they would be in the net they would be

438
00:40:29,480 --> 00:40:33,480
 applying in the next biennium which starts on September 1 but we have two

439
00:40:33,480 --> 00:40:38,420
 bonus projects so we were actually allowed up to six I went back and did

440
00:40:38,420 --> 00:40:42,440
 some research on this knowing that that question came up on the last one we've

441
00:40:42,440 --> 00:40:49,880
 never reached our cap during a biennium that I could find so I don't think that

442
00:40:49,880 --> 00:40:54,920
 that I mean certainly there is an opportunity cost but I'm not sure if we

443
00:40:54,920 --> 00:40:59,600
 could quantify that because we've never hit that cap of having six combination

444
00:40:59,600 --> 00:41:04,560
 in the rollback taxes are estimated to be about 4,000 and that sometimes dealt

445
00:41:04,560 --> 00:41:08,360
 with in the purchase sales contract you know as far as you know who's gonna get

446
00:41:08,360 --> 00:41:13,040
 tagged with those but okay that's been looked at and that's the number we're

447
00:41:13,040 --> 00:41:19,100
 talking about $4,000 when we estimated thank you very helpful thank you any

448
00:41:19,100 --> 00:41:27,360
 more questions or discussion on the motion yes if we were to if we were to

449
00:41:27,360 --> 00:41:37,080
 put forth a 25% abatement how would that change the color thing a 25% for how

450
00:41:37,080 --> 00:41:43,400
 many years about 15% last John so at 25

451
00:41:48,880 --> 00:42:03,040
 is available for tax thank you 25% for four years would be eighty thousand six

452
00:42:03,040 --> 00:42:09,040
 hundred and sixty two dollars estimated so it's about fifty thousand dollars

453
00:42:09,040 --> 00:42:16,440
 less to their company so for the recoup then it would be an additional how many

454
00:42:16,440 --> 00:42:21,840
 years to recoup that that difference to get close so five years would be a

455
00:42:21,840 --> 00:42:26,000
 hundred thousand just over a hundred thousand six years would be 120 and then

456
00:42:26,000 --> 00:42:36,880
 seven years it would jump up to 141 so it would have to be a longer term the

457
00:42:36,880 --> 00:42:41,360
 reason I'm when I look at the comparison sheet where we compare tracks Tyson and

458
00:42:41,360 --> 00:42:51,200
 US cold storage US cold storage did not get an abatement Tyson got 25% so I'd be

459
00:42:51,200 --> 00:42:56,200
 hard-pressed to do 40 u.s. cold storage was approved here and denied it city

460
00:42:56,200 --> 00:43:17,920
 council and Tyson is for a longer period of time so I guess you can see where I'm

461
00:43:17,920 --> 00:43:28,640
 headed right okay Gerard thank you Gerard the citizen because it's still just

462
00:43:28,640 --> 00:43:33,880
 repeat makes me crazy that we're making a recommendation to Gerard the city

463
00:43:33,880 --> 00:43:41,440
 council person but that being said drug the citizen says this this this checks a

464
00:43:41,440 --> 00:43:47,480
 lot of boxes one as we're moving closer to so the city in this area has the

465
00:43:47,480 --> 00:43:52,800
 police firing range right next door to that and so this begins to have

466
00:43:52,800 --> 00:43:57,000
 development we're gonna move that right and so what I'm saying is it helps us

467
00:43:57,000 --> 00:44:02,120
 continue to develop that area put that you that area to a different use and and

468
00:44:02,120 --> 00:44:07,760
 kind of incentivizes others to come together this this area it moves it

469
00:44:07,760 --> 00:44:13,640
 closer moves development closer to the airport which is not a bad thing and

470
00:44:13,640 --> 00:44:17,600
 then you talk about friends family relatives coming from California we're

471
00:44:17,600 --> 00:44:20,960
 gonna have two runways and hopefully with the automation there's gonna be

472
00:44:20,960 --> 00:44:26,960
 Texas so I think it benefits the airport that general area one two it helps bring

473
00:44:26,960 --> 00:44:33,120
 that development closer so that you kind of feel encompassed by the airport and

474
00:44:33,120 --> 00:44:38,320
 for that as just as an individual I'm encouraged by the years don't give me

475
00:44:38,320 --> 00:44:44,120
 heartburn for years and is appealing I think we do have the workforce and I

476
00:44:44,120 --> 00:44:49,320
 look forward to the opportunities to discuss different skill sets you know

477
00:44:49,320 --> 00:44:53,360
 and I think it just fits well especially with the I'm passionate about

478
00:44:53,360 --> 00:44:58,800
 internships and that type thing so we need these type businesses to support

479
00:44:58,800 --> 00:45:03,280
 our college students so that they can stay here and work here so I'm fine with

480
00:45:03,280 --> 00:45:10,560
 staffs recommendations I'm good with the construction sales grant that's

481
00:45:10,560 --> 00:45:14,600
 that's worked well in the past but I think it just again it fits well with

482
00:45:14,600 --> 00:45:19,640
 what where we're going and kind of the organic progress we're making in that

483
00:45:19,640 --> 00:45:28,160
 area thank you any more discussion for the comments we've got a motion and a

484
00:45:28,160 --> 00:45:36,480
 second for recommendation for a 40% tax abatement over four years there's no

485
00:45:36,480 --> 00:45:50,560
 more discussion all those in favor say aye aye any opposed get that noted motion

486
00:45:50,560 --> 00:45:56,760
 carries let's tackle the other incentives I guess one at a time

487
00:45:56,760 --> 00:46:01,760
 anybody want to discuss the sales and tax use grant or make a recommendation

488
00:46:01,760 --> 00:46:04,560
 there

489
00:46:04,560 --> 00:46:18,600
 Tony would you mind coming back up for some questions of course not of course

490
00:46:18,600 --> 00:46:28,280
 not just so we make sure the group understands that thirty nine thousand

491
00:46:28,280 --> 00:46:35,840
 dollar is a savings to the company but not necessarily a loss to the city is

492
00:46:35,840 --> 00:46:42,080
 that that is correct okay correct so there's it's not the city giving you

493
00:46:42,080 --> 00:46:46,320
 thirty nine thousand six hundred dollars is just a way for them to have the

494
00:46:46,320 --> 00:46:50,920
 product ship here where they save on the sales tax correct again that they will

495
00:46:50,920 --> 00:46:56,600
 have to source all those those construction materials to Denton so

496
00:46:56,600 --> 00:47:00,800
 there's some contracting that they'll have to do as a reporting requirements

497
00:47:00,800 --> 00:47:04,520
 I'll do back to the city I will just want to make sure that we're clear is

498
00:47:04,520 --> 00:47:10,280
 that there will be a separate third-party contract because the company

499
00:47:10,280 --> 00:47:15,240
 that's actually going to build that site for them is not the company so we'll

500
00:47:15,240 --> 00:47:20,760
 have to have a third-party agreement between I think it's is it ironwood and

501
00:47:20,760 --> 00:47:26,280
 the company in the city to be able to get that back and so again we'll have to

502
00:47:26,280 --> 00:47:30,520
 work through that but again this is sales tax that is going to be paid right

503
00:47:30,520 --> 00:47:32,960
 now it's not going to be sourced to Denton so it's going to go somewhere

504
00:47:32,960 --> 00:47:36,840
 else so this would be sourcing it to Denton and I think we're giving them

505
00:47:36,840 --> 00:47:41,600
 back a percentage not the entire thing is a double thing it's 50% so 50% correct

506
00:47:41,600 --> 00:47:46,520
 so there'll be $40,000 Delta that that'll come back to the city to whenever

507
00:47:46,520 --> 00:47:53,680
 otherwise I've received okay that's it's good to know so if we don't do that we

508
00:47:53,680 --> 00:47:59,240
 miss out on $40,000 maybe we'd like to make a

509
00:47:59,240 --> 00:48:18,680
 recommendation I'll make a recommendation that we approve the other

510
00:48:18,680 --> 00:48:24,480
 incentives that's recommended by staff all of those or just the first we're

511
00:48:24,480 --> 00:48:32,080
 talking about the first way I do have a note on the last one and you could do

512
00:48:32,080 --> 00:48:36,440
 the first two together and the last one the additional four thousand I will say

513
00:48:36,440 --> 00:48:41,600
 that an additional grant of that can be dealt with most simply through the

514
00:48:41,600 --> 00:48:47,560
 abatement process because five percent on the abatement in year one would be

515
00:48:47,560 --> 00:48:53,160
 equal to about four thousand dollars and it just eliminates an administrative

516
00:48:53,160 --> 00:48:57,960
 burden on both sides so I would make the recommendation that if you if that's

517
00:48:57,960 --> 00:49:01,040
 something you want if the board wants to pursue that that we simply increase the

518
00:49:01,040 --> 00:49:08,920
 abatement in year one to accomplish that my comment on rollback taxes I don't

519
00:49:08,920 --> 00:49:14,120
 like we've ever done that before that's not a large amount of money I'm gonna

520
00:49:14,120 --> 00:49:20,000
 say for either side what concerns me is if we do start doing that and everybody

521
00:49:20,000 --> 00:49:24,940
 else starts asking for it as well well then I'll restate my motion to approve the

522
00:49:24,940 --> 00:49:35,540
 construction sales and tax grant and the nomination to the TC zone program got a

523
00:49:35,540 --> 00:49:45,280
 motion and a second Jason discussion Keely well these come to a council as

524
00:49:45,280 --> 00:49:51,800
 two separate items or is it just all one because like I said before I was

525
00:49:51,800 --> 00:49:55,880
 completely in favor of the other incentives without the abatement but

526
00:49:55,880 --> 00:50:03,160
 together it's not so I mean I'm in favor of these so yes but if it's all together

527
00:50:03,160 --> 00:50:08,800
 then no so I'm just trying to so break it up the general plan would be to bring

528
00:50:08,800 --> 00:50:14,800
 the entire package forward as a work session item on August 6th okay but each

529
00:50:14,800 --> 00:50:20,400
 individual agreement has its own approval process so the contracts the

530
00:50:20,400 --> 00:50:25,560
 abatement would be done separately the contract for this construction sales and

531
00:50:25,560 --> 00:50:30,580
 use tax would be separate it would be a separate action item for council so the

532
00:50:30,580 --> 00:50:35,040
 other incentives would be a separate I mean for us like I'm first city council

533
00:50:35,040 --> 00:50:38,400
 yes each individual the abatement would have to go through the public hearing

534
00:50:38,400 --> 00:50:42,160
 and then the approval process the construction sales and use tax contract

535
00:50:42,160 --> 00:50:46,640
 would go through that process and the enterprise zone would go through the

536
00:50:46,640 --> 00:50:52,420
 approval process okay I just I submit like from here from this board going to

537
00:50:52,420 --> 00:50:58,200
 them so having some familiarity with the Texas enterprise own program I just

538
00:50:58,200 --> 00:51:09,960
 want so having some familiarity with the Texas enterprise own program I would

539
00:51:09,960 --> 00:51:13,600
 point out that it is tied to the creation of the reinvestment zone and

540
00:51:13,600 --> 00:51:17,640
 the public hearing that would also have to be going on are part of the

541
00:51:17,640 --> 00:51:21,820
 application process for the enterprise own program so those two kind of do get

542
00:51:21,820 --> 00:51:25,840
 tied together slightly and there is no contract for the Texas enterprise zone

543
00:51:25,840 --> 00:51:29,480
 for the city it's kind of a pass-through for you guys that goes straight to the

544
00:51:29,480 --> 00:51:33,920
 state but normally the creation of the enterprise zone or the reinvestment zone

545
00:51:33,920 --> 00:51:38,160
 that goes with the tax abatement and public hearing that goes with that go

546
00:51:38,160 --> 00:51:43,640
 into the application that makes some sense yes they could dip sorry city

547
00:51:43,640 --> 00:51:47,240
 council typically approves a resolution formally nominating you that's the

548
00:51:47,240 --> 00:51:57,800
 approval item so the sales and tax use grant is really not a incentive that

549
00:51:57,800 --> 00:52:01,760
 we're giving them by allowing them to do that we're getting more money than we

550
00:52:01,760 --> 00:52:10,040
 would get normally so based on their construction costs they would bring in

551
00:52:10,040 --> 00:52:13,840
 another eighty thousand dollars in sales tax revenue as an estimate to the city

552
00:52:13,840 --> 00:52:19,800
 of Denton by going through this process we would capture half of that and they

553
00:52:19,800 --> 00:52:26,240
 would save half of that so that's actually a better deal for the city by

554
00:52:26,240 --> 00:52:37,860
 approving that we need to call that in incentive or not but anyway just by not

555
00:52:37,860 --> 00:52:45,800
 approving that we lose forty thousand dollars so we have a motion for the

556
00:52:45,800 --> 00:52:51,800
 sales and use tax grant and Texas Enterprise zone for approvals any more

557
00:52:51,800 --> 00:52:59,520
 discussion just one question all of these proposals are a recommendation to

558
00:52:59,520 --> 00:53:05,280
 consider something that's not a recommendation that we do it so why are

559
00:53:05,280 --> 00:53:08,460
 we going through all this we're making a recommendation that we do it but the

560
00:53:08,460 --> 00:53:13,660
 recommendation is to City Council they they approve it okay that's not what it

561
00:53:13,660 --> 00:53:19,440
 says I just I remember an old district judge we used to have when he was

562
00:53:19,440 --> 00:53:25,600
 qualifying jurors somebody would ask him the question could you consider giving

563
00:53:25,600 --> 00:53:30,760
 probation he would quickly say they can consider to go into the moon question is

564
00:53:30,760 --> 00:53:34,400
 can they consider it with the idea of doing it well I'm just not sure what

565
00:53:34,400 --> 00:53:38,920
 kind of recommendation the right the way it's worded up there is that they've

566
00:53:38,920 --> 00:53:41,680
 asked us to consider this and we're making a recommendation the

567
00:53:41,680 --> 00:53:45,880
 recommendation is not to consider it it's to we recommend to the City Council

568
00:53:45,880 --> 00:53:51,120
 to do better not to do it we're considering it right now good point

569
00:53:51,120 --> 00:53:58,040
 though change words so motion and the second to approve a construction of

570
00:53:58,040 --> 00:54:04,000
 sales use grant and nominate them to a Texas Enterprise zone program any more

571
00:54:04,000 --> 00:54:13,440
 discussion comments questions all those in favor say aye aye any opposed all

572
00:54:13,440 --> 00:54:19,340
 right motion carries and on the rollback taxes is anybody have any discussion or

573
00:54:19,340 --> 00:54:24,880
 comments or want to make a motion on that

574
00:54:26,480 --> 00:54:55,860
 Tony do you mind tell me understand Marty's point is valid so others have

575
00:54:55,860 --> 00:55:01,240
 not utilized this tool what kind of help me understand the rationale or benefits

576
00:55:01,240 --> 00:55:05,040
 pros cons of it can you help me understand just the process generally and

577
00:55:05,040 --> 00:55:10,480
 what it's targeted to do the rollbacks it's objective is to what so so

578
00:55:10,480 --> 00:55:17,440
 basically these are ag exempt properties and so per the statute once that use

579
00:55:17,440 --> 00:55:24,720
 changes then there's a retroactive look at what the taxes would have been for a

580
00:55:24,720 --> 00:55:30,520
 period of time and so that's kind of the rollback component but again this is all

581
00:55:30,520 --> 00:55:36,160
 really specific to those ag's exempt properties that that are out there and

582
00:55:36,160 --> 00:55:41,400
 certainly as we start looking at development across you know a vast

583
00:55:41,400 --> 00:55:45,160
 portion of the city of Denton will probably be seeing more and more of

584
00:55:45,160 --> 00:55:51,240
 these rollback scenarios but again it's not something that we've seen at least

585
00:55:51,240 --> 00:55:55,640
 in the recent past but again as we continue to develop into those outlying

586
00:55:55,640 --> 00:56:01,600
 areas in the city likely to see more and more of that so so if making sure I

587
00:56:01,600 --> 00:56:05,240
 understand you right there's going to be removing that ag exempt there's kind of

588
00:56:05,240 --> 00:56:11,080
 a spike or peak and so it's to one way to dull that to to kind of transition it

589
00:56:11,080 --> 00:56:15,200
 that's correct that's correct and again it's a it's about a four thousand dollar

590
00:56:15,200 --> 00:56:25,440
 impact that that we'd be looking at like all the entities the entire property

591
00:56:25,440 --> 00:56:29,600
 will be subject to the rollback taxes the four thousand dollars is just their

592
00:56:29,600 --> 00:56:35,040
 portion of the since they're just taking that small component of the business

593
00:56:35,040 --> 00:56:43,520
 park property that's the portion attributable to that area got it so the

594
00:56:43,520 --> 00:56:47,560
 rollback taxes is something that's retroactive so they go back and it's as

595
00:56:47,560 --> 00:56:53,200
 if they did not the property did not have the ag exemption they then appraise

596
00:56:53,200 --> 00:56:59,520
 it at the value without the ag exemption and then you pay that amount going

597
00:56:59,520 --> 00:57:05,800
 forward for the past few years had there not been an ag exemption once the change

598
00:57:05,800 --> 00:57:13,320
 occurs so it's incurred taxes in the back for past years that you pay moving

599
00:57:13,320 --> 00:57:21,360
 forward once you've changed the use of the property that helps those taxes are

600
00:57:21,360 --> 00:57:26,560
 paid to the county in the school as well correct the exemption applies across all

601
00:57:26,560 --> 00:57:33,120
 the jurisdictions but it to your point it looks like we're talking about I'm

602
00:57:33,120 --> 00:57:38,240
 sorry Steve Edgar we're talking about maybe a quarter of the overall ironwood

603
00:57:38,240 --> 00:57:43,920
 business part so you're saying for this particular application it's 25% of four

604
00:57:43,920 --> 00:57:54,160
 thousand dollars no the value the 37 it was 3760 somewhere in there that it's

605
00:57:54,160 --> 00:58:00,120
 attributable just to that 10 approximate 10 acres that tracks would be taking

606
00:58:00,120 --> 00:58:04,720
 ownership of not the entirety so they conducted an analysis what were the

607
00:58:04,720 --> 00:58:08,880
 rollback taxes for the entire property entire ironwood site and what if those

608
00:58:08,880 --> 00:58:14,440
 is attributable to their site and that's the number that we're looking at true

609
00:58:14,440 --> 00:58:19,960
 attribute so the entity that purchased that property from the razor family is

610
00:58:19,960 --> 00:58:24,280
 paying rollback taxes on all of that stuff and they're selling this part

611
00:58:24,280 --> 00:58:29,320
 trying to pass that on to your applicant today

612
00:58:29,320 --> 00:58:34,800
 I'd like to just give my opinion is I don't know if I want to open Pandora's

613
00:58:34,800 --> 00:58:38,760
 box as far as this has not been something typically considered I don't

614
00:58:38,760 --> 00:58:43,320
 know that 4,000 is going to be the make or break and it's not necessarily this

615
00:58:43,320 --> 00:58:50,880
 one here today but I'm personally not inclined I'm in favor of all of the other

616
00:58:50,880 --> 00:59:03,540
 abatement incentives I'm probably not in favor with adding tackiness one unless

617
00:59:03,540 --> 00:59:08,960
 anybody wants to make a motion to do that I guess we'll call this item closed

618
00:59:08,960 --> 00:59:14,640
 everybody a few seconds for lack of emotion for lack of emotion we will move

619
00:59:14,640 --> 00:59:19,160
 forward and these will go towards City Council for recommendation based on one

620
00:59:19,160 --> 00:59:23,920
 of those actions today so thank you for being here appreciate the opportunity

621
00:59:23,920 --> 00:59:30,800
 all right since we started out of order I'm going to go out of order again and

622
00:59:30,800 --> 00:59:34,560
 we'll start with her next with

623
00:59:34,560 --> 00:59:43,560
 EDP 19 - 036 receive report whole discussion and give staff direction

624
00:59:43,560 --> 00:59:49,720
 regarding the downtown task force policy had discussions about this last month

625
00:59:49,720 --> 00:59:55,080
 and the staff has put together a recommended policy hopefully everybody's

626
00:59:55,080 --> 00:59:59,600
 had a chance to look and review that Jessica will come up and give everybody

627
00:59:59,600 --> 01:00:02,040
 a report

628
01:00:13,560 --> 01:00:23,240
 a little bit of a more exciting item on this one we have a lot of items to

629
01:00:23,240 --> 01:00:30,360
 discuss so the task force policy really the purpose here today there are

630
01:00:30,360 --> 01:00:35,000
 actually two agenda items that you'll see related to this we separated out

631
01:00:35,000 --> 01:00:38,640
 sort of the discussion where we want to get your feedback we put a separate

632
01:00:38,640 --> 01:00:45,880
 action item on it if you want to adopt the policy today you can but I will say

633
01:00:45,880 --> 01:00:51,400
 the task force meets tomorrow morning and we have an item on their agenda to

634
01:00:51,400 --> 01:00:56,160
 discuss the outcome of today so if for some reason you wanted to get their

635
01:00:56,160 --> 01:01:00,800
 feedback or recommendations before adopting the policy that you would have

636
01:01:00,800 --> 01:01:04,280
 the opportunity to do so there is no need to take action today if you choose

637
01:01:04,280 --> 01:01:14,200
 not to so at our last meeting you gave us direction to continue the task force

638
01:01:14,200 --> 01:01:19,400
 but bring back a policy or guidelines for consideration and some of the items

639
01:01:19,400 --> 01:01:22,720
 that you wanted to see would be the appointment or reappointment of members

640
01:01:22,720 --> 01:01:28,120
 of the task force and review what constitutes downtown for the purposes of

641
01:01:28,120 --> 01:01:35,320
 the task force so staff put together based on your feedback a draft task force

642
01:01:35,320 --> 01:01:41,080
 policy it has three primary sections authorization and purpose membership and

643
01:01:41,080 --> 01:01:47,960
 structure and meetings and reporting so in terms of the authorization and purpose

644
01:01:47,960 --> 01:01:52,040
 as we discussed last time you are authorized under your ordnance created

645
01:01:52,040 --> 01:01:58,340
 by your ordinance to create task forces or subcommittees the purpose of the

646
01:01:58,340 --> 01:02:02,320
 economic of the downtown task force would be to advise you on matters

647
01:02:02,320 --> 01:02:06,440
 related to economic development in downtown Denton or any matters that may

648
01:02:06,440 --> 01:02:11,720
 impact economic development in downtown Denton we left that a little broad part

649
01:02:11,720 --> 01:02:15,480
 of the discussion last time was sometimes things happen adjacent to or

650
01:02:15,480 --> 01:02:20,840
 near to downtown that impact downtown and we didn't want to tie it to a

651
01:02:20,840 --> 01:02:24,840
 specific geographic boundary and say it has to be a project or something that's

652
01:02:24,840 --> 01:02:30,280
 occurring in this area we all know a road would be an easy thing that their

653
01:02:30,280 --> 01:02:34,960
 connections that exist beyond downtown that may be of interest to development

654
01:02:34,960 --> 01:02:40,840
 in downtown so we wanted to leave that broad and open we included a list of

655
01:02:40,840 --> 01:02:47,120
 items that would be the could discuss but not limited to discuss items these

656
01:02:47,120 --> 01:02:51,020
 are the same items you saw in the last presentation it may be capital projects

657
01:02:51,020 --> 01:02:56,760
 it may be a specific economic development project it may be recruitment

658
01:02:56,760 --> 01:03:02,480
 retention expansion in downtown it could also be solid waste and recycling

659
01:03:02,480 --> 01:03:06,080
 projects we have a big solid waste and recycling project going on downtown

660
01:03:06,080 --> 01:03:10,240
 right now a pilot program that we'd be looking to you and certainly that's

661
01:03:10,240 --> 01:03:13,600
 something we'd want to take to the task force being that they would be familiar

662
01:03:13,600 --> 01:03:20,320
 with how busy their business needs in that area they also would be making the

663
01:03:20,320 --> 01:03:24,480
 recommendations on the grant program but those recommendations will now be going

664
01:03:24,480 --> 01:03:29,640
 to the TERS board as opposed to you guys I think we're not we're still gonna be

665
01:03:29,640 --> 01:03:33,280
 recommending to you guys for the next few as we have general fund dollars but

666
01:03:33,280 --> 01:03:36,880
 then they'll be making those recommendations to the TERS board but

667
01:03:36,880 --> 01:03:42,680
 that was sort of the summation of that section of the document but I'm happy to

668
01:03:42,680 --> 01:03:57,320
 answer any questions or on that section yeah or or okay and as we discussed

669
01:03:57,320 --> 01:04:02,080
 last time I included this map now this is the cultural district map we used

670
01:04:02,080 --> 01:04:07,440
 this as sort of the expansion of downtown and I would consider this like

671
01:04:07,440 --> 01:04:12,240
 I said a soft bordered kind of map and things that would be adjacent to this

672
01:04:12,240 --> 01:04:19,200
 properties that might be you know at the corner of Carroll and Sycamore may maybe

673
01:04:19,200 --> 01:04:22,200
 something the task force wanted to discuss or a project that would be

674
01:04:22,200 --> 01:04:28,160
 occurring in this area just for consideration this may not be what

675
01:04:28,160 --> 01:04:32,680
 this group thinks it wants to define as downtown it was just simply a starting

676
01:04:32,680 --> 01:04:39,160
 place to have that discussion it does go as far south as Prairie right here and

677
01:04:39,160 --> 01:04:44,080
 Wilson and then as far north here is withers and Parkway so I certainly

678
01:04:44,080 --> 01:04:48,760
 wanted your feedback this map was what you were thinking is for expansion of

679
01:04:48,760 --> 01:04:55,200
 the definition of downtown or if you wanted to consider some other area

680
01:04:55,200 --> 01:05:06,640
 mr. Baynes you're good you thinking okay thank you okay so I'll move on to the

681
01:05:06,640 --> 01:05:12,320
 next section which is where I need a lot of feedback and recommendation from this

682
01:05:12,320 --> 01:05:17,620
 group so membership and structure the first item is number of members so

683
01:05:17,620 --> 01:05:24,120
 written in the draft policy we have at least 13 members for discussion we

684
01:05:24,120 --> 01:05:27,720
 wanted to bring forward whether the board would like to set a minimum number

685
01:05:27,720 --> 01:05:34,840
 of members a maximum number of members a hard cap of we're gonna have exactly 15

686
01:05:34,840 --> 01:05:38,920
 members so we know how many seats are vacant but I wanted to leave that up to

687
01:05:38,920 --> 01:05:47,980
 the board to discuss what you felt was most appropriate for that body we got to

688
01:05:47,980 --> 01:05:52,480
 13 to be fair it wasn't a number out of anywhere if you count the the number of

689
01:05:52,480 --> 01:05:57,640
 groups being represented it was 13 that's how we kind of came up with at

690
01:05:57,640 --> 01:06:04,640
 least 13 does that include somebody from this board so we have to be one of those

691
01:06:04,640 --> 01:06:09,660
 that's in yes separate section is that EDP would will have a member on the

692
01:06:09,660 --> 01:06:17,160
 task but we have 13 that was we want representative plus right that would be

693
01:06:17,160 --> 01:06:22,240
 that at least 13 you yeah we didn't in the draft we didn't make it a

694
01:06:22,240 --> 01:06:26,960
 requirement that you had someone from all these it's just saying your intention

695
01:06:26,960 --> 01:06:30,800
 is to have someone that represents that you could have someone like Marty on the

696
01:06:30,800 --> 01:06:35,240
 task force who represents the EDP who is lives downtown and who is a business

697
01:06:35,240 --> 01:06:39,440
 owner you know in a baker professional you could have someone that represents

698
01:06:39,440 --> 01:06:44,520
 multiple ones of these so instead of making them specific like this board is

699
01:06:44,520 --> 01:06:49,320
 leaving it open to you well maybe we need someone who does check multiple

700
01:06:49,320 --> 01:06:56,240
 boxes or maybe we need someone who it's just one of those but that was one of

701
01:06:56,240 --> 01:07:00,480
 the items we wanted to have the discussion with today get guidance on

702
01:07:00,480 --> 01:07:07,760
 that are there any requirements around quorum yes so in the next section what I

703
01:07:07,760 --> 01:07:16,280
 did was make it a flexible quorum so if there were 13 if this board said there

704
01:07:16,280 --> 01:07:20,640
 are 13 members currently we could have 19 but right now we have 13 officially

705
01:07:20,640 --> 01:07:26,400
 named to the board quorum would be a majority of appointed members so at that

706
01:07:26,400 --> 01:07:30,480
 point it would be seven if there were 14 members it would become eight if there

707
01:07:30,480 --> 01:07:35,600
 were 15 it would stay at eight and so on so it was a little bit of a flexible

708
01:07:35,600 --> 01:07:44,640
 that section would obviously change if if a number was selected thank you oh I

709
01:07:44,640 --> 01:07:53,200
 just I think I've answered my own question I'm good just for discussion I

710
01:07:53,200 --> 01:07:59,760
 kind of like the idea having a minimum number just so if six people show up to

711
01:07:59,760 --> 01:08:06,000
 vote on you know even if you have 13 if it's only six or seven show up and four

712
01:08:06,000 --> 01:08:10,840
 people vote for something is that really enough to make a decision coming out

713
01:08:10,840 --> 01:08:18,920
 of their recommendation a couple of comments that's all right

714
01:08:18,920 --> 01:08:27,000
 Jill jester 13 seems like a lot of people you get those types of groups

715
01:08:27,000 --> 01:08:33,880
 represented and at least during my time on the task force and you know almost

716
01:08:33,880 --> 01:08:39,000
 everyone has an opinion and so my thought is wow if everyone shows up and

717
01:08:39,000 --> 01:08:43,960
 everyone wants to that's a that's a long meeting maybe that's a good or bad thing

718
01:08:43,960 --> 01:08:50,000
 but it seems like a lot to require is our minimum maybe and the other thing I

719
01:08:50,000 --> 01:08:53,800
 just wanted to throw out is what about term limits where someone rolls off a

720
01:08:53,800 --> 01:08:59,800
 year and then can be back on just to create some diversity of perspectives

721
01:08:59,800 --> 01:09:07,480
 since there is right now no no type of term no type of cycling on and off I

722
01:09:07,480 --> 01:09:12,880
 mean not that we want to bar people that have a good perspective and an interest

723
01:09:12,880 --> 01:09:18,360
 and an insight but I think maybe a year off and then going back on even if it's

724
01:09:18,360 --> 01:09:21,840
 like a six-year term or something so currently in the draft there's no term

725
01:09:21,840 --> 01:09:26,600
 limit for anyone and we do or wrote in that it would be an annual appointment

726
01:09:26,600 --> 01:09:30,160
 process so this board would be brought forward with a list but we could

727
01:09:30,160 --> 01:09:35,680
 certainly add a term limit in it has that been done in the past I don't

728
01:09:35,680 --> 01:09:40,280
 remember voting on the members since I've been it did not appear to have been

729
01:09:40,280 --> 01:09:45,160
 sent since yes it's supposed to have been voted on every year I found the

730
01:09:45,160 --> 01:09:55,800
 last time it happened was 2017 which I believe was when you were appointed my

731
01:09:55,800 --> 01:10:00,280
 goal would be to schedule it to require and as part of this policy require an

732
01:10:00,280 --> 01:10:06,560
 annual or appointment or reappointment process to make that clear I'm not so

733
01:10:06,560 --> 01:10:12,240
 sure having terms is not a bad idea just something if you've had the same person

734
01:10:12,240 --> 01:10:15,840
 on there for 15 years sometimes that's great sometimes it'd be nice to have

735
01:10:15,840 --> 01:10:19,800
 somebody different they could roll off and come back on take a year off or

736
01:10:19,800 --> 01:10:24,800
 something like that at the same time if you ever try to get people for

737
01:10:24,800 --> 01:10:27,600
 committees it's awfully hard to get people to want to come and do all that

738
01:10:27,600 --> 01:10:36,660
 stuff so you want to keep those folks engaged and active my thought on the on

739
01:10:36,660 --> 01:10:41,640
 the Main Street president is to make them a voting member include them in

740
01:10:41,640 --> 01:10:47,000
 that just instead of those people are deeply involved in what's going on

741
01:10:47,000 --> 01:10:52,800
 downtown and it's a different person every year I think they all have a vote

742
01:10:56,920 --> 01:11:04,400
 that was that was on my list as well to have the Main Street in the membership

743
01:11:04,400 --> 01:11:14,720
 actually and and I also am in favor of a term limit I know that for those who

744
01:11:14,720 --> 01:11:18,880
 nominate if somebody is willing to stay on it's easier for us to still let them

745
01:11:18,880 --> 01:11:22,760
 do that and to sort of go out and you know ask for someone else in the

746
01:11:22,760 --> 01:11:27,520
 community to step up and so if there's not something that's there that that

747
01:11:27,520 --> 01:11:34,080
 allows us to I don't have an open seat at some point then it's likely that

748
01:11:34,080 --> 01:11:39,000
 those members will just stay on and I think at one year out and then one year

749
01:11:39,000 --> 01:11:47,320
 back is is a good is a good thing I we have ours is six years right on in other

750
01:11:47,320 --> 01:11:52,080
 policies but I don't know if we want to do that make it consistent or if we have

751
01:11:52,080 --> 01:11:56,520
 something different for this one like you know I'm not I'm not sure if you

752
01:11:56,520 --> 01:12:03,600
 want to reference this board has a six-year total of your term six to your

753
01:12:03,600 --> 01:12:08,520
 terms three consecutive six years total and then sit out the year and then yeah

754
01:12:08,520 --> 01:12:11,800
 so I mean if we wanted to make it consistent with this board that would be

755
01:12:11,800 --> 01:12:20,400
 probably good idea okay and then you could draw names for who's got one year

756
01:12:20,400 --> 01:12:30,960
 after two years or how that's gonna work in the past the that committee has put

757
01:12:30,960 --> 01:12:34,800
 the list together and made a recommendation to this board as far as

758
01:12:34,800 --> 01:12:39,180
 the nomination I don't know if that needs a changer so I'm in the draft

759
01:12:39,180 --> 01:12:42,920
 policy the statement on recommendations for appointments with that would be

760
01:12:42,920 --> 01:12:47,640
 either or either the task force could make a recommendation or this board

761
01:12:47,640 --> 01:12:53,560
 could make a recommendation but when the adoption of the kind of slate of

762
01:12:53,560 --> 01:12:59,160
 candidates would be made by this board so you may ask for recommendations from

763
01:12:59,160 --> 01:13:02,880
 task force or you may have to make your own

764
01:13:02,880 --> 01:13:13,720
 so one of the other items in this section is sort of solidifying that an

765
01:13:13,720 --> 01:13:19,160
 a member of the EDP we must serve on the task force it could be it's at least one

766
01:13:19,160 --> 01:13:24,760
 so it could be more than one member of the EDP could serve on the task force if

767
01:13:24,760 --> 01:13:30,720
 more than one member of the EDP serves on the task force then we have to have a

768
01:13:30,720 --> 01:13:37,700
 selection of a chair and this policy also would solidify that a member of the

769
01:13:37,700 --> 01:13:43,840
 EDP serves as chair of that body so if multiple members of the EDP were on it

770
01:13:43,840 --> 01:13:49,220
 the task force would select their chair from the multiple members of the EDP

771
01:13:49,220 --> 01:13:56,160
 members on that board if there was only one that person is the de facto chair

772
01:13:56,160 --> 01:14:01,800
 the vice chair selection and the draft policy has written that the vice chair

773
01:14:01,800 --> 01:14:06,560
 can be any member serving on the task force so it does not have to be a a

774
01:14:06,560 --> 01:14:12,920
 member of the EDP but that's certainly up for discussion

775
01:14:29,200 --> 01:14:37,560
 on my last page it says this is not it was it was originally but it has

776
01:14:37,560 --> 01:14:43,360
 continued and so Marty and I had discussed possibly changing the name to

777
01:14:43,360 --> 01:14:49,040
 just be the downtown subcommittee the downtown advisory committee something to

778
01:14:49,040 --> 01:14:58,840
 make its name more conducive to what it does yes downtown economic development

779
01:14:58,840 --> 01:15:02,200
 something to remind everybody when they're there this is an economic

780
01:15:02,200 --> 01:15:23,440
 development committee that makes it a lot longer name but downtown economic development committee we'd

781
01:15:23,440 --> 01:15:32,160
 refer to everything as acronym so it's okay if the name is long so is there

782
01:15:32,160 --> 01:15:37,200
 any other discussion or items related to this section or with the few changes

783
01:15:37,200 --> 01:15:42,840
 adding Main Street as a voting member turn adding in term limits at six years

784
01:15:42,840 --> 01:15:53,160
 we would divide it it would be two-year terms is that anything in there anybody

785
01:15:53,160 --> 01:16:00,040
 wants to change or talk about I would like to recommend that we make those

786
01:16:00,040 --> 01:16:05,560
 changes if we can today and have that get some feedback from the task force

787
01:16:05,560 --> 01:16:11,760
 sure well we can incorporate those and then take that and there's one more

788
01:16:11,760 --> 01:16:22,160
 section what number did we settle as a minimum I don't know that we did do you

789
01:16:22,160 --> 01:16:34,720
 have one in mind I guess from the years of experience doing that to have all

790
01:16:34,720 --> 01:16:40,320
 those people and the main thing is to have enough reasons not make up reasons

791
01:16:40,320 --> 01:16:44,880
 but have enough reasons things going on for this group to meet and give us some

792
01:16:44,880 --> 01:16:49,640
 feedback and if there's nothing to meet about they don't have to have a meeting

793
01:16:49,640 --> 01:16:58,120
 but I have noticed in the last couple one of the last recommendations for

794
01:16:58,120 --> 01:17:03,120
 reimbursement grant like seven people voted so if we've got a list of

795
01:17:03,120 --> 01:17:06,960
 potentially 15 people and we're wanting involved in all this process and only

796
01:17:06,960 --> 01:17:12,680
 seven people show up I guess that can just be accounted for when we're here

797
01:17:12,680 --> 01:17:21,520
 in their recommendations John Baines is there a a list of things that the

798
01:17:21,520 --> 01:17:29,920
 downtown task forces is charted to address or are they able to discuss an

799
01:17:29,920 --> 01:17:39,600
 unbounded number of things she she added a broad definition second paragraph

800
01:17:39,600 --> 01:17:44,160
 there so yes under the authorization and purpose so it would be just kind of

801
01:17:44,160 --> 01:17:48,240
 twofold the first would be anything related to economic development in

802
01:17:48,240 --> 01:17:54,020
 downtown or that may impact economic development in downtown and then we

803
01:17:54,020 --> 01:17:59,400
 listed out some possible items these are a list that we put together based on the

804
01:17:59,400 --> 01:18:03,760
 last five years of items that have gone before the task force which would be

805
01:18:03,760 --> 01:18:09,840
 capital projects such as the new streets that was an item that we wanted to get

806
01:18:09,840 --> 01:18:14,760
 task force feedback take it lighting downtown we wanted to get the task force

807
01:18:14,760 --> 01:18:22,520
 feedback because that gets us really insight into a really different array of

808
01:18:22,520 --> 01:18:26,480
 individuals that represent different interests downtown so through the task

809
01:18:26,480 --> 01:18:31,440
 force we might get recommendations of as a business owner this is how a capital

810
01:18:31,440 --> 01:18:35,920
 project might impact me but maybe also from a historic preservation component

811
01:18:35,920 --> 01:18:41,560
 this is how a project might impact downtown and so we take a variety of

812
01:18:41,560 --> 01:18:47,080
 things through the task force just simply to get feedback from a group of

813
01:18:47,080 --> 01:18:51,520
 downtown stakeholders thank you

814
01:18:51,520 --> 01:19:01,000
 Keely so on the numbers so there's 11 now and then so 12 would be if we move

815
01:19:01,000 --> 01:19:05,960
 the main street up then that would be 12 right and then if you have an EDP

816
01:19:05,960 --> 01:19:11,560
 member on there would be 13 is that where you got the 13 from it yes there

817
01:19:11,560 --> 01:19:17,160
 have traditionally been 13 people on it but the groups represented it was 13 so

818
01:19:17,160 --> 01:19:22,660
 that's why we just sort of that's a starting place yeah we just added NCTC I

819
01:19:22,660 --> 01:19:29,160
 think as a stakeholder because of their move and the person that they have

820
01:19:29,160 --> 01:19:38,040
 recently resigned was Don from Methodist Church yeah they should be on it well I

821
01:19:38,040 --> 01:19:45,280
 don't know I mean that's a NCTC yeah NCTC and we added and I don't believe we

822
01:19:45,280 --> 01:19:52,480
 added the CBB after discussing they're they usually had somebody here

823
01:19:52,480 --> 01:19:56,560
 participating in that that's a big part of what's going on CBB and economic

824
01:19:56,560 --> 01:20:03,840
 developments are like we wanted to formally put them on on the task force I

825
01:20:03,840 --> 01:20:13,960
 think Dana usually attends the meetings any other comments or discussion okay so

826
01:20:13,960 --> 01:20:20,160
 the last section is just on frequency of meetings they meet on the second

827
01:20:20,160 --> 01:20:26,080
 Thursday of the month so they meet tomorrow if there's not an item to

828
01:20:26,080 --> 01:20:30,600
 discuss the chair would have the ability to cancel the meeting that's the same

829
01:20:30,600 --> 01:20:35,400
 for just about any board with the city is if there even if this board didn't

830
01:20:35,400 --> 01:20:40,720
 have any items to discuss we would simply cancel the meeting so it sets a

831
01:20:40,720 --> 01:20:43,820
 frequency everyone can put it on their calendar and know where they need to be

832
01:20:43,820 --> 01:20:47,320
 on what day but certainly gives them the flexibility that if they don't need to

833
01:20:47,320 --> 01:20:57,000
 meet they can cancel so we were just talking about well in our other

834
01:20:57,000 --> 01:21:01,600
 committees and I don't know if this is equal to council committees or are not

835
01:21:01,600 --> 01:21:08,640
 advisory committees on attendance and so with this committee be held to the same

836
01:21:08,640 --> 01:21:15,240
 attendance policy no no this committee is formed by this body not by City

837
01:21:15,240 --> 01:21:19,840
 Council okay because we have so it would be this body if you wanted to write in

838
01:21:19,840 --> 01:21:25,360
 an attendance requirement you would have to do so into this policy it's not this

839
01:21:25,360 --> 01:21:30,040
 body wouldn't the task force wouldn't be subject to a council committee because

840
01:21:30,040 --> 01:21:37,880
 it's not adopted by council so we so we could say if because I 13 is a good

841
01:21:37,880 --> 01:21:41,280
 number for me it's a lot of people and we have issues you know with quorum and

842
01:21:41,280 --> 01:21:45,160
 stuff but for an individual that's on the committee and doesn't show up for

843
01:21:45,160 --> 01:21:50,640
 meetings you know does that for I'm just trying to learn the different rules for

844
01:21:50,640 --> 01:21:55,680
 us we have to have a reason which you know attendance would be that for this

845
01:21:55,680 --> 01:22:02,920
 body they can just nominate another person the EDP would be able to remove

846
01:22:02,920 --> 01:22:08,200
 someone and nominate right this body yeah okay but we could write that in we

847
01:22:08,200 --> 01:22:14,520
 could add in a attendance requirement or if this body simply wanted to keep that

848
01:22:14,520 --> 01:22:18,480
 flexibility you don't have to that could just be something that comes up in the

849
01:22:18,480 --> 01:22:24,240
 annual appointment reappointment process like how many times they were there it's

850
01:22:24,240 --> 01:22:28,740
 just you know if there's a constant quorum issue each meeting then that

851
01:22:28,740 --> 01:22:37,400
 becomes an issue and so we also added in quarterly reports to the policy so that

852
01:22:37,400 --> 01:22:43,520
 whatever EDP member is appointed to the task force we would put an item on the

853
01:22:43,520 --> 01:22:49,440
 EDP agenda each quarter so that that member could report on the activities of

854
01:22:49,440 --> 01:22:52,640
 the task force to this body because that's one thing that we talked about

855
01:22:52,640 --> 01:22:57,120
 last time was that you don't all know what they're talking about their items

856
01:22:57,120 --> 01:23:03,620
 don't necessarily come to you we may get a recommendation from them and it has no

857
01:23:03,620 --> 01:23:07,960
 action so it doesn't move any further but this would allow you to say hey we

858
01:23:07,960 --> 01:23:10,760
 want to get there what what are they talking about what are they discussing

859
01:23:10,760 --> 01:23:15,440
 what items are coming before them would give you all the opportunity to get a

860
01:23:15,440 --> 01:23:19,000
 report from them so that would be another opportunity where attendance

861
01:23:19,000 --> 01:23:21,640
 could be addressed

862
01:23:21,640 --> 01:23:30,120
 we did write into it compliance with the open meetings acts that's something all

863
01:23:30,120 --> 01:23:35,120
 of the city boards we make subject to we have to post we do that now they have a

864
01:23:35,120 --> 01:23:39,480
 posted agenda we comply with the 72-hour rule we comply comply with quorum

865
01:23:39,480 --> 01:23:43,320
 requirements simply just saying that's our intention and we'll continue to do

866
01:23:43,320 --> 01:23:50,240
 that non-binding recommendations is just saying that this board does not have to

867
01:23:50,240 --> 01:23:55,520
 agree with any recommendation they are simply an advisory body if you disagree

868
01:23:55,520 --> 01:24:00,400
 with a recommendation from them you don't have to accept it that's fairly

869
01:24:00,400 --> 01:24:03,520
 traditional and something you've all experienced is you make recommendations

870
01:24:03,520 --> 01:24:08,560
 to counsel you make a non-binding recommendation can we change the meeting

871
01:24:08,560 --> 01:24:12,400
 times instead of saying the second Thursday of each month and just monthly

872
01:24:12,400 --> 01:24:17,440
 sure that way if they want to change that based on their makeup they can

873
01:24:17,440 --> 01:24:23,040
 change it I have to come here to change the policy it would kind of be nice if

874
01:24:23,040 --> 01:24:29,760
 they met before this or this meeting so it would be a month old stuff you could

875
01:24:29,760 --> 01:24:33,760
 do that and certainly that's something we could take to them tomorrow and say

876
01:24:33,760 --> 01:24:39,400
 you know could you move how that meeting falls so that it winds up better with

877
01:24:39,400 --> 01:24:42,240
 the EDP meetings

878
01:24:42,240 --> 01:24:53,160
 George drawer the resident at 606 Wilson Street says I would say nine is my

879
01:24:53,160 --> 01:24:56,960
 number and who's here's who I eliminate downtown developer because the

880
01:24:56,960 --> 01:25:00,600
 developers not there's not an exclusive developer to downtown so they're gonna

881
01:25:00,600 --> 01:25:04,760
 develop elsewhere so I kind of target that as it rolls into others I target

882
01:25:04,760 --> 01:25:10,040
 the the arts related because that's overly broad arts could be anything and

883
01:25:10,040 --> 01:25:15,480
 then downtown residents I think that's captured in downtown property owner and

884
01:25:15,480 --> 01:25:26,680
 then I also target Denton County just because they're not one there they're

885
01:25:26,680 --> 01:25:30,480
 gonna they'll have to have the square they're gonna be down there for another

886
01:25:30,480 --> 01:25:34,760
 year or so but then they're their primary business is going to be on the

887
01:25:34,760 --> 01:25:41,240
 loop and so I just I don't know that carries the same I mean obviously they

888
01:25:41,240 --> 01:25:44,840
 still own the property all that but that's just kind of my my my look at it

889
01:25:44,840 --> 01:25:52,560
 so and then you add in the EDP board member as a chair and the downtown

890
01:25:52,560 --> 01:26:00,520
 Main Street that gets you to nine I do believe so that's does it make some sense

891
01:26:00,520 --> 01:26:06,280
 to leave all those people as people we would like to have involved that changes

892
01:26:06,280 --> 01:26:11,200
 from one can change from one year to the next so depending on like when you and

893
01:26:11,200 --> 01:26:16,120
 T Herbert Hall you know when you and T put you and T on the square reason

894
01:26:16,120 --> 01:26:21,840
 because they're on the square we want some input what's going on there I don't

895
01:26:21,840 --> 01:26:25,960
 know what happens with the county in two years or not but because there's such a

896
01:26:25,960 --> 01:26:29,760
 big presence in downtown we wanted and we have parking things and sidewalk

897
01:26:29,760 --> 01:26:34,680
 things going on for those guys just too good sometimes I can take whatever

898
01:26:34,680 --> 01:26:38,080
 discussion is back up to the county and they can hear from different directions

899
01:26:38,080 --> 01:26:45,320
 some of the issues or problems and I will say to your point is sometimes it's

900
01:26:45,320 --> 01:26:49,520
 really hard to find someone who fits in just one of those boxes most of the

901
01:26:49,520 --> 01:26:55,480
 people that we have on the task force even today could fit in two three four

902
01:26:55,480 --> 01:27:03,160
 of those categories a resident could be a property owner where the president is

903
01:27:03,160 --> 01:27:10,520
 involved in downtown and property you know I think generally the justice 13 is

904
01:27:10,520 --> 01:27:16,240
 too too high it's you know so whatever that that there's a method to that for

905
01:27:16,240 --> 01:27:23,240
 me to say the 13th too high just my own I've never attended a meeting you know

906
01:27:23,240 --> 01:27:27,400
 so I could be absolutely wrong just my look outside looking in think that you

907
01:27:27,400 --> 01:27:31,400
 that was a volunteering to be nominated

908
01:27:31,400 --> 01:27:39,160
 kicking somebody off of it that's been in because they've had the same group of

909
01:27:39,160 --> 01:27:53,920
 folks involved for a long what there's okay I would say as far as the numbers

910
01:27:53,920 --> 01:27:57,920
 you know we can still have a large amount and I think that they can self

911
01:27:57,920 --> 01:28:03,960
 regulate a bit as far as if it's too many you know if we set a certain it's

912
01:28:03,960 --> 01:28:09,160
 the maximum versus a minimum so they can have 13 14 right if we just set a

913
01:28:09,160 --> 01:28:13,520
 maximum I think it's just the the minimum that's the question but they can

914
01:28:13,520 --> 01:28:17,400
 certainly have more we're giving them a range so we're not saying necessarily

915
01:28:17,400 --> 01:28:21,400
 you have to be at this number we're saying you should have this to this

916
01:28:21,400 --> 01:28:27,280
 depending on who's available what areas are needed recruitment is that could do

917
01:28:27,280 --> 01:28:31,200
 discussing so it's not so hard and fast you could say nine to thirteen you could

918
01:28:31,200 --> 01:28:38,480
 say yeah thirteen is the max that would let's make that recommendation nine to

919
01:28:38,480 --> 01:28:40,800
 thirteen

920
01:28:40,800 --> 01:28:48,000
 okay and then we'll make the corresponding change to the quorum

921
01:28:48,000 --> 01:28:52,840
 section to make sure that that's addressed all right any more discussion

922
01:28:52,840 --> 01:28:58,680
 that will have them make some comments and come back next month yes we will

923
01:28:58,680 --> 01:29:02,600
 bring it back next month going out of order

924
01:29:02,600 --> 01:29:07,240
 assuming nobody has anything else on that item we'll just go with G the

925
01:29:07,240 --> 01:29:12,520
 business awards breakfasts nominations

926
01:29:12,520 --> 01:29:23,400
 Michelle Cunningham City economic development I've been here the past

927
01:29:23,400 --> 01:29:28,040
 couple of meetings and we've discussed this topic this is the recognition by

928
01:29:28,040 --> 01:29:34,000
 the economic development partnership board to a large business meaning a

929
01:29:34,000 --> 01:29:39,040
 hundred or more employees and a small business meaning under 100 employees at

930
01:29:39,040 --> 01:29:44,120
 the September 20th mayor council awards breakfast that's your annual award and

931
01:29:44,120 --> 01:29:49,760
 last time for small business nominations Los Teca and Dan Silverleaf are both

932
01:29:49,760 --> 01:29:56,280
 nominated but thus far I have embassy suites as a large business nomination so

933
01:29:56,280 --> 01:30:01,960
 this is your final opportunity to nominate additional potential award

934
01:30:01,960 --> 01:30:11,080
 recipients and last year I know that you considered embassy suites winco acme

935
01:30:11,080 --> 01:30:15,800
 brick and target as your four large ones at that point we did not have a specific

936
01:30:15,800 --> 01:30:20,800
 small business award set aside but there had been discussion about looking at

937
01:30:20,800 --> 01:30:25,960
 smaller companies too and technology resource centers of America TRCA had

938
01:30:25,960 --> 01:30:31,840
 been nominated or for consideration as well and so all of those were put on the

939
01:30:31,840 --> 01:30:36,600
 matrix that came back to you that you made your decision from at the next

940
01:30:36,600 --> 01:30:42,280
 month's meeting in August you'll be making a decision for a large business

941
01:30:42,280 --> 01:30:47,880
 and a small business recipient from your nominees so this is your final

942
01:30:47,880 --> 01:30:53,040
 opportunity to nominate additional businesses for consideration should you

943
01:30:53,040 --> 01:31:01,920
 wish to do so Michelle does embassy have a hundred employees I believe so yes I

944
01:31:01,920 --> 01:31:09,760
 mean if you're counting all part-time and I would like to make a nomination of

945
01:31:09,760 --> 01:31:17,520
 a small business company okay Allison engineering group okay it's kind of

946
01:31:17,520 --> 01:31:23,520
 occurred to me over the last couple of weeks since we've talked about it they're

947
01:31:23,520 --> 01:31:29,760
 really good but all the candidates are good they're they're good candidate

948
01:31:29,760 --> 01:31:35,960
 they're also from an economic development standpoint they're an

949
01:31:35,960 --> 01:31:40,400
 economic development investor so they're already invested they are active in our

950
01:31:40,400 --> 01:31:48,200
 investor group they're very involved in the chamber Lee Allison has been

951
01:31:48,200 --> 01:31:52,800
 chairing the development group that's been working with the city didn't go

952
01:31:52,800 --> 01:32:00,360
 through the development kind of process this past year Jason fagley is leadership

953
01:32:00,360 --> 01:32:07,040
 didn't steering committee involving Kiwanis and served in kind of check off

954
01:32:07,040 --> 01:32:12,280
 all those boxes so I'd like to add those folks okay and they're a lot they're

955
01:32:12,280 --> 01:32:16,160
 involved in a lot of projects that come through the city didn't small and big

956
01:32:16,160 --> 01:32:20,760
 they've done work on the TWA parking garage and work downtown they've been

957
01:32:20,760 --> 01:32:24,160
 working great point

958
01:32:24,160 --> 01:32:32,040
 this is kind of putting you on the spot but I'm wondering how many businesses we

959
01:32:32,040 --> 01:32:37,200
 have that have a hundred or more employees in the city of Denton we have

960
01:32:37,200 --> 01:32:50,360
 about 25 or 30 it's more than folks think it is yeah I'd be curious that the

961
01:32:50,360 --> 01:32:55,680
 hotel does if you have staff and nighttime people and people cleaning they don't need

962
01:32:55,680 --> 01:33:02,020
 80 people okay well then in case I find that's not the case because that was

963
01:33:02,020 --> 01:33:06,400
 done again when I looked last year and the numbers are probably taken from

964
01:33:06,400 --> 01:33:16,200
 their incentive application frankly so I think it's a great candidate okay just

965
01:33:16,200 --> 01:33:21,720
 on piggybacking on Jill's comment and yours with that could you send us a list

966
01:33:21,720 --> 01:33:28,800
 of those over a hundred just so that we have to look at okay it would be helpful

967
01:33:28,800 --> 01:33:34,040
 okay and I may be thinking and I am sorry I may be thinking 50 and more

968
01:33:34,040 --> 01:33:38,800
 because in my mind that's kind of a tipping point in when I'm working with

969
01:33:38,800 --> 01:33:43,320
 companies that's one stratification there's another one the hundred is where

970
01:33:43,320 --> 01:33:47,680
 the cutoff is for what kind of business grants they are eligible for through the

971
01:33:47,680 --> 01:33:52,080
 Workforce Commission so and in this case that follows the hundred so it may be

972
01:33:52,080 --> 01:33:59,160
 fewer than that but it's more than people think it is no I just a hundred

973
01:33:59,160 --> 01:34:03,920
 I mean we go by the total headcount we need to make all our recommendations

974
01:34:03,920 --> 01:34:07,920
 today or at the very because we're gonna come back with information on all of them

975
01:34:07,920 --> 01:34:14,320
 in August and so and I need to research them so can we can I get this out to you

976
01:34:14,320 --> 01:34:20,440
 I'll send you all a list email list today of that listing and then if you

977
01:34:20,440 --> 01:34:25,980
 could provide information back by next Wednesday which is the what day is that

978
01:34:25,980 --> 01:34:31,960
 that is the 17th and the reason we're making that to be to be clear the reason

979
01:34:31,960 --> 01:34:34,760
 that we're taking bringing it back in August is your September meeting is the

980
01:34:34,760 --> 01:34:40,660
 joint meeting with City Council so we thought that there wouldn't usually we

981
01:34:40,660 --> 01:34:47,320
 wouldn't have any action items moved this up one months to make this

982
01:34:47,320 --> 01:34:55,560
 recommendation okay all right thank you thank you Michelle all right before we

983
01:34:55,560 --> 01:35:01,120
 lose anybody let's go back up to the top of the agenda and look at item ADP 19

984
01:35:01,120 --> 01:35:06,480
 - zero three four consider the approval of the economic development partnership

985
01:35:06,480 --> 01:35:13,120
 board meeting minutes of June 6 I move approval with the addition of Edgar and

986
01:35:13,120 --> 01:35:26,080
 that's fit to the list of present or absent I don't know which category I fit

987
01:35:26,080 --> 01:35:36,520
 in president and absent motion and a second on minutes as revised any further

988
01:35:36,520 --> 01:35:44,080
 discussion all those in favor say aye any opposed all right the minutes are

989
01:35:44,080 --> 01:35:51,480
 approved and we've got staff reports any a lot of that is normal information has

990
01:35:51,480 --> 01:35:55,760
 been sent out to you that Jessica anything you need to visit about for the

991
01:35:55,760 --> 01:36:03,120
 good of the order is as I mentioned September 9th which is a Monday will be

992
01:36:03,120 --> 01:36:14,160
 the joint my son on it is on my lights on belly Monday Monday September night

993
01:36:14,160 --> 01:36:23,160
 is the joint EDP City Council meeting don't know the exact time yet but

994
01:36:23,160 --> 01:36:27,120
 certainly we'll be working through if there are any specific items that this

995
01:36:27,120 --> 01:36:33,120
 board wants to bring forward for that discussion we would welcome those just

996
01:36:33,120 --> 01:36:37,920
 good is that typically daytime or an evening meeting it's usually a luncheon

997
01:36:37,920 --> 01:36:44,960
 luncheon okay thank you can we add on our next month's agenda to discuss

998
01:36:44,960 --> 01:36:54,720
 discuss topics that we want to discuss at that meeting we can the Adam is alley

999
01:36:54,720 --> 01:37:01,480
 office this week anybody have any other questions or comments I wanted to bring

1000
01:37:01,480 --> 01:37:08,640
 up well since we're done with staff reports and our other item concluding

1001
01:37:08,640 --> 01:37:16,080
 items our next economic development partnership investor reception is

1002
01:37:16,080 --> 01:37:21,040
 Wednesday July 31st and that is going to be at the Spring Hill Suites by Mary

1003
01:37:21,040 --> 01:37:25,840
 odd you all should have received an invitation by being on this board we

1004
01:37:25,840 --> 01:37:30,160
 have secured Andy Eads to come give us an update on what's going on in the

1005
01:37:30,160 --> 01:37:39,440
 county that is our chamber folks who are investing private money folks so those

1006
01:37:39,440 --> 01:37:46,560
 people were the ones that are helping raise funds or up to $80,000 in private

1007
01:37:46,560 --> 01:37:52,440
 funds to help our marketing efforts and you guys get introduced every at every

1008
01:37:52,440 --> 01:37:58,040
 one of those meetings if you're there so I would like to see a better contingent

1009
01:37:58,040 --> 01:38:01,920
 of folks from this board at those receptions to meet all the folks that

1010
01:38:01,920 --> 01:38:08,200
 are investing in the chamber side of things and we try to be really good

1011
01:38:08,200 --> 01:38:12,880
 programs so it's it's an it's an evening program use the last about an hour an

1012
01:38:12,880 --> 01:38:21,160
 a half we're working on or an October meeting where we'll get hoping to get

1013
01:38:21,160 --> 01:38:27,120
 plant managers from all the world facility managers from all of the

1014
01:38:27,120 --> 01:38:31,000
 different larger companies like Peterbilt and Target just to kind of

1015
01:38:31,000 --> 01:38:35,600
 have a panel with those folks in October so trying to bring something you guys

1016
01:38:35,600 --> 01:38:39,640
 ought to be interested in and I would really appreciate it when you can make

1017
01:38:39,640 --> 01:38:45,360
 those to to come attend those as possible so if you hadn't had a chance

1018
01:38:45,360 --> 01:38:51,320
 RSVP to Karen to let her know if you could make that or not

1019
01:39:04,480 --> 01:39:11,520
 yeah no that's a that's a benefit for investing into our partnership to be

1020
01:39:11,520 --> 01:39:19,520
 unattended so all right anything else yes Marty several you guys missed the

1021
01:39:19,520 --> 01:39:25,040
 picture last time we took it I'd like to make sure we include you guys take a

1022
01:39:25,040 --> 01:39:34,440
 moment everybody all right I will find some confident person to do it

1023
01:39:34,440 --> 01:39:42,160
 all papers off the desk and we're adjourned