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 All right good morning my name is Marty Rivers I'm the chair of the economic

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 development partnership board it is 1101 a.m. on Wednesday August 14th and I will

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 call this meeting to order our first item of consideration is the minutes of

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 our July 10th meeting I would take a motion at this time if you're so

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 obliged we've got a motion and a second to approve the minutes from July 10th

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 any further discussion all those in favor say aye aye any opposed motion

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 carries all right thank you all right staff reports Adam was not

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 gonna be here today he's got some information in your backup so I have

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 just three items that I want to update the board on and the first is I'm sure

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 everyone was watching the City Council meeting yesterday and saw my two-hour

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 presentation regarding the razor range public improvement district but I know

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 this board had some input and guidance on that early on in its creation and so

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 we're that we got direction to move forward with that so we're moving

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 forward to the next step to move towards levying assessments in that public

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 improvement district and and then the other piece of information that actually

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 councilmember Briggs and I discussed yesterday was that our strategic plan

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 that we discussed when I did the budget presentation has been funded and so we

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 will be working to develop a scope of work so that's something that will

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 likely come back to the board to get your feedback on at some point this fall

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 and then the last item is that the Economic Development Partnership board

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 nominations for the members whose terms are expiring this year will be going

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 forward to City Council next week on August 20th so you I don't believe we'll

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 have any new members oh excuse me we might have we have one new nomination

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 for councilmember Hudson so yes so we will give you the feedback when we get

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 those nominations approved by City Council that's it great anybody have any

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 questions for Jessica thank you so much all right moving on with the program

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 we've got item C EDP 19 - 0 5 0 receive a report hold discussion and give staff

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 direction regarding the economic development investment fund that on

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 their minds for a few months here yes and Erica Sullivan our economic

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 development analyst is going to do this presentation good morning I'm the

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 economic development analyst for the city and I'm going to be talking to you

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 today about the economic development investment fund the investment fund the

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 objective of this presentation is to provide a brief history and overview of

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 the economic development investment fund discuss the funding mechanisms that

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 weren't went into the fund and discuss the changes in parameters to the

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 investment fund the city's incentives have predominantly been performance

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 based as many of you all are aware since Denton doesn't have a type-a or type-b

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 sales tax like many other cities in Texas do so the economic development

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 investment fund was created to provide a cash grant program to increase Denton's

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 ability to compete for large and targeted economic development projects

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 so I'm going to provide some of the history leading up to the investment

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 fund the city's first adopted tax abatement policy occurred in 1989 and

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 the city's required to update that policy under chapter 312 of the tax that

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 the regulations that govern tax abatements every two years so we made

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 several major changes throughout our history in 2010 and 2012 we added green

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 incentives and then you'll see here that the biggest change relating to the

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 investment fund occurred in 2014 when the product policy was broadened to

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 apply to chapter 380 of the local government code and this allows cities

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 to grant cash grants or loans it's about a half page in the local government

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 code so it gives the city's a lot of latitude here and the incentive and tax

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 abatement policy gave the city this latitude and ability to offer cash

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 grants in effort to receive more desirable outcomes so the investment

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 action team was charged with implementing the dent rising our

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 strategic action agenda and we sought to create a funding mechanism to grant

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 these incentives and the first strategy was to explore methods of financing and

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 then to explore the creation of an economic development incentive fund and

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 these recommendations were presented to this board in August of 2015 the EDPB

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 board recommended creation of this investment fund and the City Council

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 directed staff to create the fund in August of 15 as well and then one year

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 later in August of 16 the economic development fund was officially created

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 through ordinance 19-229 and the fund was incorporated into the last update

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 that we made to our incentive policy when we folded in our airport and this

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 particular fund under one umbrella policy through our rewrite so the fund

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 details the program is funded through a special revenue fund of mixed beverage

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 taxes at $150,000 per year any grants awarded would require a separate chapter

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 380 agreement and the granting of incentives under this program would

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 still require the same process that we go through a recommendation of EDP to

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 council and the valuation or wage requirements would be included on in

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 this council approved agreement so far there's only been one application that

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 has we have received but it was withdrawn there have been a few leads

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 that we have seen that might qualify but they haven't gotten to that stage yet

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 the fund criteria according to both policies in order to be eligible to

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 receive a grant under this program a company must mean at least two of the

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 following criteria so they need to provide high wage or knowledge based

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 jobs we defined high wage as having an average annual wage of 55,000 or greater

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 for all positions or at least 25% of the positions have an annual wage of 65,000

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 or greater and knowledge-based jobs are defined as occupations that require a

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 college degree work experience special licensing or certification we also would

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 require of the three two of the three criteria to make a substantial capital

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 investment and this is at a minimum of 15 million and then finally to address a

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 recruitment or supplier target to include aviation advanced manufacturing

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 renewable energy research and development information technology

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 supply chain logistics and distribution and large consumers of municipal

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 utilities you'll see here in this spreadsheet a table of the investment

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 fund balance you'll see that there are not any planned expenditures in 18 19 so

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 the fund balance at the end of the current fiscal year will be a little over

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 600,000 as the interest is estimated and staff has also included 150,000

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 allocation in the upcoming budget the 1920 budget and have not proposed any

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 expenditures at this time and that leads us to the discussion the investment

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 action team had originally recommended reaching 1 million fund balance in year

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 one and 2 million fund balance in two years this was not included in the

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 authorizing ordinance at a recent EDP meeting the board requested to consider

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 including parameters related to a minimum or a maximum threshold for

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 dollars to be held in the fund currently there's no limit fund balance that can

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 be accumulated and should an amount of funds be granted to a company there is

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 no required minimum fund balance that the fund must maintain as well currently

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 150,000 per year is allocated for mixed beverage taxes previously accounted for

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 in the general fund when making this recommendation to see you have some

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 background the investment team examined the possibilities of allocating a

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 specific amount committing an amount above a projected growth in a special

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 revenue fund dedicating a portion of the property tax rate and setting aside the

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 equivalent amount of incentive grant payments after the incentive expires a

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 specific the specific amount and special revenue fund was what was chosen and

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 that was based on the allocated amount rather than growth above projections we

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 thought it would be easier to do that and it would also be easier to plan and

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 allow the funds to roll over into the next year in accordance with Gatsby

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 regulations and since we talked about this at the last meeting I've provided a

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 summary of the incentives that are expiring over a 10-year period you'll

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 see there's four ad valorem incentives expiring in the table below and there's

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 two sales tax incentives expiring so Denton Crossing and Unicorn Lake and two

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 incentives expire at the end of this fiscal year so the ad valorem total

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 you'll see is a little over 9 million and then if you combine the items

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 outside of our budget which are tax abatements that we don't normally

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 forecast for since they're taken out from the appraisal district and TERS

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 grants that come would come out to 11.6 million so I welcome input from you all

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 on the goal setting of any minimum any cap what you'd like to achieve with this

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 program these questions have come up before in the board discussion and we

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 thought this would be an appropriate time we also have it posted in a

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 separate agenda item to talk about things that will be topics of discussion

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 at the Joint City Council EDP meeting so we wanted you to have this information

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 should you wanted to make some recommendations that we could then

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 prepare for for that meeting as well so really we're open to any feedback that

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 you have or ideas or thoughts related to the fund at this point

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 that's a good point it is our deal closing fun so my line is coming on that

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 means I don't think you can hear you so I like the flexibility that it has with

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 maintaining are you know allowing it to be completely used if needed without

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 having a minimum or or cap

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 mr. Baines John Baines my question is we get two million dollars and we're gonna

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 hustle to get some people in here where we're gonna put them what's the what's

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 the we have this fun but do we really have the space for a big dog targeting

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 high-wage jobs we can do a lot of infill development just Saudi is an example they

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 have very high-wage jobs but they don't have a maybe a significant capital

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 investment so someone like that if they were to come in just Saudi if they were

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 to come in today they would qualify under their highlight high-wage and and

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 a skill set so they would be under the targeted industry sectors so this would

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 really allow us to recruit higher skill higher wage jobs 15 million you know

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 that was spoken about two of the three so they may not have to meet that in the

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 case of just Saudi if you have the high high wage you wouldn't have to meet the

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 high capital investment thank you because it has the industry sectors well

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 this could be used in addition any other I mean if we had uber coming they're

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 going to Dallas and they're working through that I mean if somebody like

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 that was coming in and we couldn't meet their needs on our normal funding

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 mechanisms then this is combination the hole to help fill the gap or helps them

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 build it's money you could other cities that have the 4a 4b economic

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 development tax which we do not have we spent that on our train involved in that

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 so it's a good economic development tool but they just have cash and so they can

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 go out and develop land and give people pad sites that are ready to go with all

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 the utilities give them money I think that's happened in Corinth in the last

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 several years it's happening all around us and we don't have that tool so this

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 would be money that when the right opportunity came along whatever the

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 definition of that is we would have another arrow in our quiver so to speak

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 to be able to help somebody get there and my question is is if say we have a

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 million dollars I mean let's take the original goal was to get to two million

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 dollars in a couple of years that's easier said than done if you're on the

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 council but say we continue down this road where we're putting in 150,000 every

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 year we get to a million dollars and then Google comes along and we want to

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 give them a million dollars and then we're back to square one and we don't

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 have any money in there so I do feel like we need to talk about trying to

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 have an established minimum and if we spend money below that how fast what is

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 our goal to get back to that point that's a long discussion but you know if

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 we even you know if somebody came today we spent that that's great we have the

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 money there now five years to get back to having a balance again that we could

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 use for somebody else having a continuing funding mechanism designated

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 a goal in mind so that we know how to get there and maybe it's not an equal

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 amount of money every year once we get there we don't have to fund it anymore

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 until we use it and then we put that back in place

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 you're absolutely right about the business parks there's a lot of EDC's

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 that own their own business park and current can grant land grants another

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 thing that we considered would also be retention we looked at it when we looked

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 at retaining Sally Beauty with their current headquarters and then they

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 expanded distribution we got a lot of stuff about to happen out of the airport

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 if we had a really cool company coming in out there maybe you're gonna use this

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 to help buy land or lease land I guess it's leases a lot of things are under

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 the acquisition phase but yes there's still a few a few spots it's not

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 completely well that could be an area down the road or something like that

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 Gerard thank you yeah no and I think I like where you're going with the airport

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 I talked to my council representative for my area and he and there's there's

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 no but that we are going to clear out the city already owns it and we're

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 clearing out from the gun range and so that may be an opportunity to try to

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 target someone and and maybe fold in cost savings on that land or different

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 land that we own and then I specifically to this I think there's a couple of

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 things that jump out at me one that I'd like to see a graphic that it's great to

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 have the overview of what is rolling off but I think what guides my decision

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 would be the percentage right so what was invested in okay great there's

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 additional detail but it's not by percent right right but I because I think

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 that average I think at some point with that legacy data we begin to see what a

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 what return on investment averages out to be and so when someone comes in it

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 gives you kind of a baseline to to evaluate them by to say average ROI in

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 the past four or five years has been this we do have an annual return on

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 investment report I haven't completed it for 18 tax year but we have it for 17

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 then I can forward to them okay yeah because especially the ones that are

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 rolling off kind of so this has come to a conclusion here's kind of an average

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 for that I think is good and then I think the the other part to Marty's

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 point when you're talking about spending it all recouping that sort of thing

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 maybe there's a threshold maybe there's a super majority that would then trigger

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 to deplete the funds below a certain point so just a simple majority carries

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 50% but to go further than 50% maybe some or some range triggers a super

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 majority requirement to try to protect that interest that's a just a thought

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 about a couple of things I would like to suggest increasing the amount from 150

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 for the mixed beverage taxes I mean we do have a lot more bars and restaurants

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 than we did when this started and so I think that could feel that and we also

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 used to use those for downtown grants and that's going away and so I think the

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 reinvestment grant did not used to come if they were separate but they're both

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 funded through the special revenue mixed beverage that's going away because it's

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 going to be used in the tip so I feel like there's some room there from that

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 fund that we could use to go into this one now so that you know it's it's being

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 used instead of put back in so that would be my recommendation I don't know

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 how much that is but I feel like we should increase that amount because to

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 Marty's point you know it's taken so long to get to where it is and if we

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 want this to work we're going to need to have that increased more frequently and

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 then I just have a question so you mentioned that there's some leads that

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 you think this could be used for I mean so where does that recommendation come

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 from does it come from the chamber do you guys approach the leads and say hey

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 we have this does it come from our development department or this board

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 like I I'm just we receive state leads from the governor's office of economic

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 development we also receive them from the Dallas regional chamber the chair

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 the chamber itself will have its own leads but if we have the criteria we

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 respond to those leads and there have been a few that have very high skill

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 sets and knowledge-based jobs that I think would be an excellent candidate

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 and so man and so that just means that you recommend or you have that in your

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 mind that this is another opportunity sure so sometimes when we respond to

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 leads they upfront ask for incentive information and so at that point we

223
00:19:51,840 --> 00:19:55,800
 usually provide a copy of our policy or summary of the incentives that would be

224
00:19:55,800 --> 00:19:59,240
 available to that lead based on the preliminary information generally at

225
00:19:59,240 --> 00:20:02,240
 that point we don't have enough information we just give them the entire

226
00:20:02,240 --> 00:20:09,920
 policy just generally right once we kind of enter into further negotiations or a

227
00:20:09,920 --> 00:20:13,160
 relationship they might submit an application or they might come in and

228
00:20:13,160 --> 00:20:17,560
 talk to us and then we kind of work through given the information that that

229
00:20:17,560 --> 00:20:24,160
 business is giving us will recommend what they what incentives they would

230
00:20:24,160 --> 00:20:28,200
 qualify for we may I don't want to say pre-qualify but we may get preliminary

231
00:20:28,200 --> 00:20:33,640
 information that will look at what the policy says and if they qualify and meet

232
00:20:33,640 --> 00:20:37,800
 criteria that will kind of let them know we think you meet the criteria of an

233
00:20:37,800 --> 00:20:42,520
 abatement or we think you meet the criteria of this other type of incentive

234
00:20:42,520 --> 00:20:47,400
 when by the time it gets to this board we've done much more vetting we've

235
00:20:47,400 --> 00:20:51,400
 reviewed whether they're compliant with the policy and that's when we bring the

236
00:20:51,400 --> 00:20:56,200
 recommendation forward and so that's how we get to those recommendations that you

237
00:20:56,200 --> 00:21:05,560
 see yes if they qualified for this and it met the policy we would bring that

238
00:21:05,560 --> 00:21:09,720
 forward at that point this would be pre-application so we wouldn't have as

239
00:21:09,720 --> 00:21:13,840
 much data whenever we bring something to the board forward we've already gotten

240
00:21:13,840 --> 00:21:22,400
 an application so it's just early in the stages and it wants different where is

241
00:21:22,400 --> 00:21:27,760
 the current expiring incentives is it going into our general fund where is it

242
00:21:27,760 --> 00:21:36,640
 currently going mm-hmm yes this would be I'm giving you more detail to the

243
00:21:36,640 --> 00:21:42,360
 breakdown of the tax payments and the terms as well tears one in terms two if

244
00:21:42,360 --> 00:21:48,200
 I'm while you're doing that the reason we're talking about the expiring is so

245
00:21:48,200 --> 00:21:53,520
 if the town center is up and that we're currently putting in I'm throwing out

246
00:21:53,520 --> 00:21:58,960
 random numbers $50,000 a year that is going back to them from their sales tax

247
00:21:58,960 --> 00:22:05,360
 collection when that expires next year that's going in the general fund one

248
00:22:05,360 --> 00:22:12,360
 item of discussion is if it is using those funds that are expiring instead of

249
00:22:12,360 --> 00:22:16,800
 putting them in a general fund to set them aside for our economic development

250
00:22:16,800 --> 00:22:21,080
 fund so I we're not missing them right now we can put it in there instead of

251
00:22:21,080 --> 00:22:26,760
 using beverage taxes so it's just a funding mechanism to think about down the

252
00:22:26,760 --> 00:22:30,360
 road they continue to pay their taxes if it's a sales tax it would have been a

253
00:22:30,360 --> 00:22:34,480
 cost share that we rebate back if it's a chapter 380 with property tax we would

254
00:22:34,480 --> 00:22:40,000
 rebate it back usually in the spring following the tax year and then for tax

255
00:22:40,000 --> 00:22:44,640
 abatements that the DCAD exempts them so they pay less into the appraisal

256
00:22:44,640 --> 00:22:48,760
 district so once that stops and they continue at full payment so there are a

257
00:22:48,760 --> 00:22:53,960
 couple of options that are being discussed as far as upping the beverage

258
00:22:53,960 --> 00:23:02,000
 tax as well as the expiring incentives is that correct we've got they're not

259
00:23:02,000 --> 00:23:06,640
 mutually exclusive it could be a piece of both we can raise taxes the City

260
00:23:06,640 --> 00:23:10,360
 Council could raise taxes to do that I think that's a fantastic I think

261
00:23:10,360 --> 00:23:16,840
 everyone would get on board with this this is a summary of what the investment

262
00:23:16,840 --> 00:23:21,760
 team looked at originally so allocating a specific amount which we've done

263
00:23:21,760 --> 00:23:25,360
 committing an amount above projected growth and a special revenue fund which

264
00:23:25,360 --> 00:23:29,960
 we've done as well mixed beverage and dedication a portion of the property tax

265
00:23:29,960 --> 00:23:34,760
 rate which you just discussed and then the incentives this stuff have a

266
00:23:34,760 --> 00:23:41,560
 recommendation as far as a combination we did with the original investment and

267
00:23:41,560 --> 00:23:44,800
 we did because that was a staff liaison for the investment team and we worked

268
00:23:44,800 --> 00:23:49,760
 through that group and you tell you that finance is amenable to all of them that

269
00:23:49,760 --> 00:23:54,840
 because I've discussed these with them in the past but thank you we do when you

270
00:23:54,840 --> 00:23:58,280
 do a revenue fund I've also heard from finance you try to keep it in a similar

271
00:23:58,280 --> 00:24:08,480
 nexus so makes beverage and makes sense Tony so the funds been around for almost

272
00:24:08,480 --> 00:24:17,640
 five years we've only had one applicant that withdrew so what's the where are we

273
00:24:17,640 --> 00:24:22,520
 missing maybe opportunities or why are we have not have we not had more

274
00:24:22,520 --> 00:24:28,360
 applicants is it or criteria is it was it is it dollar amount that's in the

275
00:24:28,360 --> 00:24:33,560
 fund available I know we're probably looking at bigger fish or bigger

276
00:24:33,560 --> 00:24:40,040
 companies in the beginning it was a dollar amount a lot we did set very high

277
00:24:40,040 --> 00:24:44,920
 thresholds our current policy is five million for a tax abatement 15 million

278
00:24:44,920 --> 00:24:48,560
 is a lot more significant and then they have to be in one of the sectors or they

279
00:24:48,560 --> 00:24:52,160
 have to meet the wage two of the three so that's another item we could look at

280
00:24:52,160 --> 00:24:57,440
 is changing the criteria so in your opinion a follow-up would be what would

281
00:24:57,440 --> 00:25:02,200
 this what would the balance in this fund need to be for us to be really

282
00:25:02,200 --> 00:25:07,840
 competitive on projects that we would really love to have move into our area

283
00:25:07,840 --> 00:25:11,200
 I'm just curious it's some of its unrealistic if you look at some of the

284
00:25:11,200 --> 00:25:15,680
 Frisco's and things like that they have you know ten million or more to work

285
00:25:15,680 --> 00:25:22,160
 with it just depends it's we are somewhat limited not being we have to be more

286
00:25:22,160 --> 00:25:26,160
 creative not being a type a or type B and getting that so I just wonder you

287
00:25:26,160 --> 00:25:33,800
 know this is a great bullet in our gun but if we're if it's not substantial

288
00:25:33,800 --> 00:25:39,680
 enough to be a real tool for us and obviously it hasn't been today what's

289
00:25:39,680 --> 00:25:44,240
 that what's our goal or what's our plan to maybe make it so it is something

290
00:25:44,240 --> 00:25:48,840
 that can be attractive and can give us a little bit of a competitive edge or

291
00:25:48,840 --> 00:25:56,120
 incentive to bring some of these companies in my thoughts are though

292
00:25:56,120 --> 00:26:01,680
 there's these discussions we'll have a more finite goal and funding mechanism

293
00:26:01,680 --> 00:26:08,920
 to get it because we can't take five years to get to exactly $750,000 easy for

294
00:26:08,920 --> 00:26:13,680
 me to say I'm not passing a big budget and I will say this is one of the items

295
00:26:13,680 --> 00:26:17,560
 that is on my list to include when we hire that consultant to look at our

296
00:26:17,560 --> 00:26:23,040
 economic development strategies to say we have this tool it hasn't been

297
00:26:23,040 --> 00:26:29,760
 effective how do we make it effective and so ideas that this board has you

298
00:26:29,760 --> 00:26:34,720
 certainly can be wrapped into that but that that's certainly my goal is not to

299
00:26:34,720 --> 00:26:41,720
 have a tool that we can't use because we put too many limitations on it well I

300
00:26:41,720 --> 00:26:46,000
 guess how my perspective on it is that it's good to have a tool but those

301
00:26:46,000 --> 00:26:51,880
 those aren't numbers are gonna get people off the couch I mean they're not

302
00:26:51,880 --> 00:26:57,800
 even close they're not even close I know you know we just put a facility in

303
00:26:57,800 --> 00:27:02,800
 McKinney and those numbers aren't even they're not even close to what other

304
00:27:02,800 --> 00:27:07,240
 cities around us have and their quiver I guess is the term that we use right I

305
00:27:07,240 --> 00:27:12,640
 mean if you got other taxes that are now available that we're being abated

306
00:27:12,640 --> 00:27:16,040
 now you think this is the kind of thing that those funds ought to go into

307
00:27:16,040 --> 00:27:21,160
 because that's the only way you're gonna get the bigger players to come because

308
00:27:21,160 --> 00:27:26,720
 Denton's a wonderful place to be and we've been here 40 years and it's

309
00:27:26,720 --> 00:27:31,200
 because we think it's a wonderful place to be but that's not gonna those aren't

310
00:27:31,200 --> 00:27:36,440
 real dollars I mean not for companies that are looking to invest 50 60 million

311
00:27:36,440 --> 00:27:41,600
 dollars I won't even get a bulldozer on the property so Chris what's the real

312
00:27:41,600 --> 00:27:47,320
 numbers 3 million then you can start talking well that's you know that's

313
00:27:47,320 --> 00:27:52,360
 those are the thing the numbers are if we get it to 3 million and then if we

314
00:27:52,360 --> 00:27:55,480
 spend 2 million of that how do we get it back up that's I want to make sure

315
00:27:55,480 --> 00:27:59,440
 there's a we don't just say we're gonna put a hundred fifty thousand dollars in

316
00:27:59,440 --> 00:28:03,280
 until we get it back up to 3 million and that takes 15 years or however long that

317
00:28:03,280 --> 00:28:06,960
 is those dollars are gonna get you fast food restaurants that's what they're

318
00:28:06,960 --> 00:28:10,000
 gonna get you right because that's a two three million dollar investment if you

319
00:28:10,000 --> 00:28:12,760
 can offer somebody a hundred fifty eight thousand on that hey that's a that's a

320
00:28:12,760 --> 00:28:17,920
 good deal that's an industrial site that's not a padside for no for a fast

321
00:28:17,920 --> 00:28:23,600
 food restaurant no yeah you can't get in that place to put McDonald's in a good

322
00:28:23,600 --> 00:28:36,480
 place it's not that it's not the only thing we're talking about it maybe they

323
00:28:36,480 --> 00:28:42,000
 get a tax abatement like we've been talking about the last couple ones and

324
00:28:42,000 --> 00:28:47,520
 this if it's somebody that's extra special whatever that number you know

325
00:28:47,520 --> 00:28:54,960
 whatever that means they could be really great topic to talk about with City

326
00:28:54,960 --> 00:28:58,880
 Council and I think it'd be good are you guys looking for us to say here's what

327
00:28:58,880 --> 00:29:03,320
 we think the number needs to be or you can give me some direction or I can come

328
00:29:03,320 --> 00:29:08,940
 back with some ideas it's it's up to you I've gotten enough direction to come

329
00:29:08,940 --> 00:29:12,280
 back with something but any more direction would be great I know that we

330
00:29:12,280 --> 00:29:16,020
 want to have a minimum balance it sounds like and we want to ask for an increase

331
00:29:16,020 --> 00:29:21,200
 at least the equivalent of what the downtown reinvestment grant had

332
00:29:21,200 --> 00:29:29,080
 definitely want to get to a goal closer to 3 million in the short term so so

333
00:29:29,080 --> 00:29:33,760
 Erica when we're looking at our various pots that we have mm-hmm do we have a

334
00:29:33,760 --> 00:29:40,040
 pot where we can get three million much of hot has already been spoken for but

335
00:29:40,040 --> 00:29:45,760
 mixed beverage probably to the tune at least of what the downtown reinvestment

336
00:29:45,760 --> 00:29:49,780
 grant had but we'd have to look into that further what is that amount I'm

337
00:29:49,780 --> 00:29:53,380
 sorry the downtown reinvestment grant what amount does that is that one

338
00:29:53,380 --> 00:30:01,360
 hundred thousand dollars so we're talking about a serious change in order

339
00:30:01,360 --> 00:30:07,120
 to make this happen well no yeah to get to get to where we're talking about we

340
00:30:07,120 --> 00:30:09,880
 just say we want three million dollars and ask the council go figure out how to

341
00:30:09,880 --> 00:30:16,960
 get there to get if we added a hundred and we'd start putting 250 in there

342
00:30:16,960 --> 00:30:21,440
 that's a lot better but that's still years away from having a balance it's

343
00:30:21,440 --> 00:30:26,080
 gonna sway an opinion of somebody coming here versus McKinney or wherever else so

344
00:30:26,080 --> 00:30:32,840
 can we go back to the expiring incentives again it looks like that was

345
00:30:32,840 --> 00:30:43,680
 the mechanism that might get us there that could be it seems to me so far the

346
00:30:43,680 --> 00:30:48,120
 best suggestion well and that's the other the reason I brought up a cap so

347
00:30:48,120 --> 00:30:53,360
 that future councils you know if we say we start adding five hundred thousand

348
00:30:53,360 --> 00:30:58,680
 dollars a year from this and we get to three million dollars I also understand

349
00:30:58,680 --> 00:31:01,600
 that if there's this pot of money sitting out there it's not use they start

350
00:31:01,600 --> 00:31:05,680
 getting pressure from people though why are we not spending that and so if

351
00:31:05,680 --> 00:31:09,880
 there's a minimum trying to get in a cap once we get to that cap that money goes

352
00:31:09,880 --> 00:31:14,040
 back into the general fund until we spend some of it again so that we've got

353
00:31:14,040 --> 00:31:21,960
 this range we want to be between here and here at all times over ready to

354
00:31:21,960 --> 00:31:33,540
 somebody comes across a desk I think it's a really worthy use of our time to

355
00:31:33,540 --> 00:31:39,760
 discuss this and give direction and counsel to our City Council if we want

356
00:31:39,760 --> 00:31:43,600
 the type of jobs that are going to continue to elevate the standard of

357
00:31:43,600 --> 00:31:49,880
 living here and help those that need help and under our parks and everything

358
00:31:49,880 --> 00:31:55,160
 else you know that the types of positions we want we need to be

359
00:31:55,160 --> 00:31:59,080
 competitive with and Denton is a great place but it's just not going to be able

360
00:31:59,080 --> 00:32:04,800
 to be sold to every group that we want that's going to continue to increase our

361
00:32:04,800 --> 00:32:09,360
 standard of living so I very much appreciate all the work that has gone

362
00:32:09,360 --> 00:32:13,960
 into this and I I think it's very much worth time at our joint meeting to

363
00:32:13,960 --> 00:32:19,480
 continue the conversation and appreciate everyone's input for aspects that I'm

364
00:32:19,480 --> 00:32:25,560
 familiar with so it sounds like this group is thinking two to three million

365
00:32:25,560 --> 00:32:33,100
 dollars and how do we get there in less than seven to ten years and then what

366
00:32:33,100 --> 00:32:37,840
 happens if we do spend you know somebody came along we wanted to spend a million

367
00:32:37,840 --> 00:32:43,840
 dollars of that how do we get back to the two or three million dollars piece

368
00:32:43,840 --> 00:32:51,840
 of cake that's why the City Council members make the big bucks right so we'll

369
00:32:51,840 --> 00:32:55,400
 add that we'll make sure that's on our agenda we'll confirm that we get to that

370
00:32:55,400 --> 00:33:00,960
 line item anybody else have any more words of wisdom or anything want to talk

371
00:33:00,960 --> 00:33:06,800
 about on that item question before we stop when we have our meeting with the

372
00:33:06,800 --> 00:33:11,520
 City Council our joint meeting can we have some sense of what our

373
00:33:11,520 --> 00:33:14,760
 competition is doing out there maybe some of the communities around us

374
00:33:14,760 --> 00:33:18,480
 because there's a lot of stuff going on it would be interesting I mean we're not

375
00:33:18,480 --> 00:33:22,080
 gonna be a McKinney or Frisco but it'd be interesting to know you know what

376
00:33:22,080 --> 00:33:25,720
 what our competition looks like and what they're doing

377
00:33:25,720 --> 00:33:32,400
 Gainesville is a good example they have a business park and money and they're

378
00:33:32,400 --> 00:33:36,440
 within 30 miles of Peterbilt they wanted to they're actually a competitor for

379
00:33:36,440 --> 00:33:40,320
 somebody that wanted to come in and do that so yeah they're able to partner

380
00:33:40,320 --> 00:33:47,820
 with NCT see to do a lot of programs as well to their anything else all right

381
00:33:47,820 --> 00:33:55,040
 thank you item D receive a report hold the discussion on the joint meeting of

382
00:33:55,040 --> 00:33:57,960
 the Economic Development Partnership Board and the Denton City Council on

383
00:33:57,960 --> 00:34:09,800
 September 9th not a coincidence so September 9th at 1130 a.m. you have been

384
00:34:09,800 --> 00:34:15,360
 scheduled for your joint City Council EDP meeting it will be in this room

385
00:34:15,360 --> 00:34:25,880
 we're going to fit I promise it'll be close but we're going to fit and really

386
00:34:25,880 --> 00:34:32,800
 wanted to give the board an opportunity to suggest ideas to the to the mayor and

387
00:34:32,800 --> 00:34:37,960
 City Council and the city's agenda committee to put on for that agenda for

388
00:34:37,960 --> 00:34:43,520
 consideration it sounds like the Investment Fund is number 1a perhaps on

389
00:34:43,520 --> 00:34:54,400
 the list but welcome any feedback that the board has and in on page 62 I've

390
00:34:54,400 --> 00:35:01,480
 added there was one other item that had been mentioned before which was the

391
00:35:01,480 --> 00:35:05,720
 membership makeup of the EDP look taking another look at the ordinance and how

392
00:35:05,720 --> 00:35:12,300
 the board is structured but that was sort of not set in stone wanted to give

393
00:35:12,300 --> 00:35:24,120
 I would like to have that on there anybody have any items they want to talk

394
00:35:24,120 --> 00:35:29,960
 so I some of the things that I had written down are for us to discuss and

395
00:35:29,960 --> 00:35:35,000
 review our current target industries just so that we're all go down that list

396
00:35:35,000 --> 00:35:40,360
 and say here's what we're targeting this is anybody have any discussion or not

397
00:35:40,360 --> 00:35:45,080
 you know I get a lot of questions about why are we getting all these cold

398
00:35:45,080 --> 00:35:48,480
 storage facilities coming that's because because we have really great location

399
00:35:48,480 --> 00:35:55,100
 and utilities and the synergy of those companies out there it's not that we're

400
00:35:55,100 --> 00:36:00,400
 not trying to get office or you know national headquarters or whatnot it's

401
00:36:00,400 --> 00:36:04,160
 just we've got kind of a location and a place for all that but be good to run

402
00:36:04,160 --> 00:36:11,720
 through thank you those target industries my opinion on that

403
00:36:11,720 --> 00:36:28,680
 you know it's interesting I I'm just an inner-city kid with a suit on okay so I

404
00:36:28,680 --> 00:36:33,840
 use a lot of figurative language we're trying to weigh people down to say

405
00:36:33,840 --> 00:36:39,000
 please come today so who are we trying to get here I mean I don't really know

406
00:36:39,000 --> 00:36:44,160
 what the audience is I mean you know it's our list of target industries yeah

407
00:36:44,160 --> 00:36:52,760
 but who is that what do they look like I mean I sit on the economic development

408
00:36:52,760 --> 00:36:56,960
 board here but if you ask me who our target audience is I don't really know I

409
00:36:56,960 --> 00:37:03,240
 know we're trying to get business I know we rely on on the on the chamber and

410
00:37:03,240 --> 00:37:07,280
 this board and the and the staff here to go out and hustle business but I don't

411
00:37:07,280 --> 00:37:13,240
 really know they are so I think we really need to have a good definition of

412
00:37:13,240 --> 00:37:20,520
 who our target audience is and you know what we need to do differently I need to

413
00:37:20,520 --> 00:37:27,840
 flip flag sandwich board or pretty girls or what pretty guys I'm over gonna do

414
00:37:27,840 --> 00:37:33,120
 well we get folks here so I have on my list is I think it'd be good for us to

415
00:37:33,120 --> 00:37:37,600
 review what this board does and how things happen again we have a lot of

416
00:37:37,600 --> 00:37:42,320
 really new people on here and I know we've said this but it's complicated

417
00:37:42,320 --> 00:37:46,880
 it's complicated because we have a city department and a budget we have a

418
00:37:46,880 --> 00:37:55,040
 chamber department and two budgets private and public budgets and Adam is

419
00:37:55,040 --> 00:37:58,840
 is out marketing the chamber supposed to go out and market and bring folks in and

420
00:37:58,840 --> 00:38:04,520
 the city's supposed to get them off the hook and bring them to fruition and

421
00:38:04,520 --> 00:38:08,720
 probably wouldn't hurt for us to talk about that again and I'm thinking the

422
00:38:08,720 --> 00:38:15,080
 City Council might use a update as well so I don't know how long that takes or

423
00:38:15,080 --> 00:38:18,720
 if anybody's interested in doing that but that's something I thought I also

424
00:38:18,720 --> 00:38:25,800
 thought it'd be good to go back over the 2017 ROI report Erica had we've we've

425
00:38:25,800 --> 00:38:32,320
 gone over that three or four months ago but it gives you a history instead of

426
00:38:32,320 --> 00:38:37,000
 looking at a graph here's a synopsis on what's been happening at razor ranch or

427
00:38:37,000 --> 00:38:42,520
 any of any number of those here's when it started here's how much we said we

428
00:38:42,520 --> 00:38:46,360
 would do here's where they're at they're on target here's what it expires and how

429
00:38:46,360 --> 00:38:50,200
 much money because frankly a lot of these ones we've done in the past are

430
00:38:50,200 --> 00:38:54,880
 tens of millions of dollars in incentive applications that we have talked about

431
00:38:54,880 --> 00:39:01,040
 six eight ten years ago the things we've been looking at the last couple months

432
00:39:01,040 --> 00:39:04,120
 or peanuts into comparison to some of these other things we've been looking at

433
00:39:04,120 --> 00:39:08,440
 so I think it'd be good for us to maybe not go over every one of them but have

434
00:39:08,440 --> 00:39:15,600
 that report there and talk about the different ones or ask questions about

435
00:39:15,600 --> 00:39:23,920
 that kind of in a group yes and I think I would add a subset to that target

436
00:39:23,920 --> 00:39:29,120
 industries that would allow us to look at trends because for example I could see

437
00:39:29,120 --> 00:39:33,960
 us attract in a JCPenney who's about to fall off the stock market they're at a

438
00:39:33,960 --> 00:39:38,600
 trading at a penny and they have that giant landscape in Plano so our tax

439
00:39:38,600 --> 00:39:42,240
 rates a little higher than Plano but we could also with the new headquarters you

440
00:39:42,240 --> 00:39:46,720
 can maybe massage that a bit and lower your footprint and you have working

441
00:39:46,720 --> 00:39:51,440
 capital here in the three universities so I think like in my mind I think a

442
00:39:51,440 --> 00:39:57,640
 retail type quarter because that is going through a pain point and you kind

443
00:39:57,640 --> 00:40:03,800
 of pair the retail pared down synergies with the shipping capabilities there in

444
00:40:03,800 --> 00:40:06,920
 the in the industrial district and I think you have something so I think if

445
00:40:06,920 --> 00:40:12,000
 we look at kind of current trends in the market and try to build something that

446
00:40:12,000 --> 00:40:17,480
 places us in a unique position to maybe come behind some of the larger cities

447
00:40:17,480 --> 00:40:23,480
 and kind of be a come here instead of I think that that really would would begin

448
00:40:23,480 --> 00:40:29,600
 to pick up traction and so I'd like to kind of have a no question have that

449
00:40:29,600 --> 00:40:33,640
 conversation about target industries in a perfect world here's who we bring but

450
00:40:33,640 --> 00:40:39,080
 also here's some industries that may be feeling some pain that we may be able to

451
00:40:39,080 --> 00:40:44,760
 draw in that aren't as headily targeted and maybe hadn't crunched the numbers

452
00:40:44,760 --> 00:40:48,480
 and so I think there's some opportunities there and I think there's

453
00:40:48,480 --> 00:40:54,200
 a to follow John's point I think there's some marketing that we're missing

454
00:40:54,200 --> 00:41:01,560
 because I hear from anyway I hear that Nebraska furniture goes to the colony

455
00:41:01,560 --> 00:41:07,440
 city council polar opposite problem we have they don't have workers in their

456
00:41:07,440 --> 00:41:12,040
 area they're having to bust them in so we have that component so if we can

457
00:41:12,040 --> 00:41:18,640
 market that differently to say in this region there's three or four high

458
00:41:18,640 --> 00:41:22,280
 schools where's the colony has one you know so I think there's some we have

459
00:41:22,280 --> 00:41:28,120
 some unique advantages that then it just it's incumbent upon us to kind of put

460
00:41:28,120 --> 00:41:33,720
 together some kind of packet that disseminates that information yeah be

461
00:41:33,720 --> 00:41:37,720
 good that I was not here today would be good to let him go over how we're doing

462
00:41:37,720 --> 00:41:42,000
 I think we're doing all that depending on who we're talking to as a reminder

463
00:41:42,000 --> 00:41:45,840
 on our target industries that gets approved by this board and City Council

464
00:41:45,840 --> 00:41:51,240
 every two years and updated goals and plans so this shouldn't be new

465
00:41:51,240 --> 00:41:55,600
 information to anybody I don't I can't rattle off the list but it comes through

466
00:41:55,600 --> 00:41:59,760
 this board and gets approved by City Council we updated every two years so

467
00:41:59,760 --> 00:42:04,440
 that'd be that's why I think it'd be good to have a discussion about those

468
00:42:04,440 --> 00:42:08,960
 target industries and why we're doing what we're doing it's good points

469
00:42:08,960 --> 00:42:15,440
 I would like to talk about the median wage to see if that needs to if we

470
00:42:15,440 --> 00:42:19,720
 think that's fine the way that it is or the percentage of it or if it needs to

471
00:42:19,720 --> 00:42:23,080
 be increased a little bit as we're talking about our target industries

472
00:42:23,080 --> 00:42:33,480
 that's a good point it's easy to say higher than how much higher than or if

473
00:42:33,480 --> 00:42:38,360
 we want to revisit median and average and all those kind of things I think I

474
00:42:38,360 --> 00:42:43,560
 think it's also important that every year we select a company this board does

475
00:42:43,560 --> 00:42:47,720
 it says we recognize you as being the top contributor to Denton I don't know

476
00:42:47,720 --> 00:42:51,480
 exactly what we call that but I remember doing that last year we're fixing the

477
00:42:51,480 --> 00:42:56,760
 vote on that today that's awesome this will be a good tie in there because the

478
00:42:56,760 --> 00:43:01,840
 same characteristics that we choose that award for those are the characteristics

479
00:43:01,840 --> 00:43:05,780
 of the companies that we want right because that's what we think's important

480
00:43:05,780 --> 00:43:10,100
 and so it's I don't want to say hey we don't have enough money to attract

481
00:43:10,100 --> 00:43:15,920
 companies because it's not always what didn't can give them it's what they can

482
00:43:15,920 --> 00:43:21,240
 give Denton that's why we're here right so I want to make sure that whenever we

483
00:43:21,240 --> 00:43:24,880
 do have that discussion with the joint me we need to talk about these are the

484
00:43:24,880 --> 00:43:29,240
 things like because their chamber gives an award away to that has criteria and

485
00:43:29,240 --> 00:43:33,920
 that's the criteria that we want because that's what we also do is important from

486
00:43:33,920 --> 00:43:37,640
 what makes an impact to the community so that's kind of where I'm at with that

487
00:43:37,640 --> 00:43:41,000
 so that's I made a comment about that's not enough money to get people off the

488
00:43:41,000 --> 00:43:44,260
 couch I just want to make sure it's not that's not the only thing that matters

489
00:43:44,260 --> 00:43:49,480
 right and that's doesn't hurt that's a I think everybody in here is what can you

490
00:43:49,480 --> 00:43:53,680
 do for the city what are you are you gonna give food away donate to serve

491
00:43:53,680 --> 00:43:58,320
 right not away all those kind of things and frankly Peter built is the kind of

492
00:43:58,320 --> 00:44:03,520
 live litmus test of everybody I compare everybody to that's the difference in

493
00:44:03,520 --> 00:44:07,200
 somebody coming in and then staff recommending a hundred thousand dollars

494
00:44:07,200 --> 00:44:10,640
 over four years or two hundred thousand dollars over six years and somebody like

495
00:44:10,640 --> 00:44:14,520
 a Peter bill coming up we say hey we got two million dollars in a fun and we want

496
00:44:14,520 --> 00:44:19,780
 to get when I get you here so that's that's why we're coming up with the

497
00:44:19,780 --> 00:44:25,080
 extra funds and we do have a criteria in our app like incentive application now

498
00:44:25,080 --> 00:44:29,160
 where we ask for companies to describe their level of community involvement and

499
00:44:29,160 --> 00:44:33,880
 community support and we do way that I remember that from the U.S. of each

500
00:44:33,880 --> 00:44:39,280
 presentation sometimes I don't do what they say they were gonna do when they

501
00:44:39,280 --> 00:44:47,520
 came in front of this board yes chamber I've heard this and hopefully I can get

502
00:44:47,520 --> 00:44:51,960
 away with this question am I still new enough I've heard this over and over we

503
00:44:51,960 --> 00:44:58,640
 don't want to be like Frisco and Plano and McKinney what part of their success

504
00:44:58,640 --> 00:45:03,400
 do we not want to mirror what part of they're extremely aggressive and it's

505
00:45:03,400 --> 00:45:07,840
 working for then from what I can tell in the time that I've been here four

506
00:45:07,840 --> 00:45:14,280
 months five months didn't has this deep deep rich history that is nothing like

507
00:45:14,280 --> 00:45:17,720
 those communities and I imagine that they're over there wondering how they

508
00:45:17,720 --> 00:45:23,160
 can get some of this over there but at this level at the economic development

509
00:45:23,160 --> 00:45:28,880
 level why wouldn't we want to be like that and maybe there's not an answer to

510
00:45:28,880 --> 00:45:33,760
 that today but why wouldn't we want to be aggressive progressive why wouldn't we

511
00:45:33,760 --> 00:45:36,900
 want to attract to these larger industries and why wouldn't we want to

512
00:45:36,900 --> 00:45:47,120
 find out what they're doing and mirror that question yeah no absolutely those

513
00:45:47,120 --> 00:45:51,560
 that mischaracterize those communities would tell you it's cement in the end and

514
00:45:51,560 --> 00:45:57,160
 overbuilt and over structured and over trafficked and all those things and I

515
00:45:57,160 --> 00:46:02,480
 challenge that because one Plano's tax rate is 20 cents lower than ours and I

516
00:46:02,480 --> 00:46:06,840
 think that's you know positive and if you drive down headquarters road you

517
00:46:06,840 --> 00:46:11,160
 can't see any of those companies but for the trees landscaping berms so it's

518
00:46:11,160 --> 00:46:19,880
 absolutely steeped in misnomer fear concern over non realistic experiences

519
00:46:19,880 --> 00:46:25,600
 but if you don't drive headquarters row or whatever they call it you don't know

520
00:46:25,600 --> 00:46:30,560
 you know and so I think that they they only will see a the stone briar snapshot

521
00:46:30,560 --> 00:46:37,280
 of Frisco and not the other components you know but I'm absolutely with you

522
00:46:37,280 --> 00:46:41,200
 there's there's one reason the Walberg's are moving their hamburger joint from

523
00:46:41,200 --> 00:46:46,480
 the East Coast to Texas and it's blue star you know and being in that kind of

524
00:46:46,480 --> 00:46:50,880
 that development that aggressiveness so I but I to answer your question I think

525
00:46:50,880 --> 00:46:57,320
 it's just people misunderstanding and misrepresenting what it they snapshot of

526
00:46:57,320 --> 00:47:02,320
 stone briar that's lots of parking lots but the difference is also there's areas

527
00:47:02,320 --> 00:47:07,920
 that are well-treated and and and conservative but yeah so I think that's

528
00:47:07,920 --> 00:47:12,280
 the that's the answer I would give you and I want to quantify my statement in

529
00:47:12,280 --> 00:47:17,040
 that I choose Denton too and I do love the uniqueness and I don't think that

530
00:47:17,040 --> 00:47:22,920
 Denton is in any danger of becoming any of those things in personality or

531
00:47:22,920 --> 00:47:27,760
 uniqueness but my goodness don't we want I mean we have things that they don't

532
00:47:27,760 --> 00:47:33,040
 have like space we have land and we have we still have space left to develop

533
00:47:33,040 --> 00:47:36,320
 they're having to build straight up they're hemmed in where we do have these

534
00:47:36,320 --> 00:47:41,980
 great opportunities and I'm just asking I'm just asking what can we do to help

535
00:47:41,980 --> 00:47:46,760
 think outside of the box and how can we help and who can we partner with to be

536
00:47:46,760 --> 00:47:50,240
 more aggressive and bring all those things that build this community into

537
00:47:50,240 --> 00:47:55,200
 the picture that everyone in this room has in their head for this community

538
00:47:55,200 --> 00:48:02,160
 Marty one question relatively new to the board here what can we do at a high

539
00:48:02,160 --> 00:48:08,640
 level just to give some idea of the city's plan for our growth you know where

540
00:48:08,640 --> 00:48:13,160
 are these companies working these companies go you know from a map

541
00:48:13,160 --> 00:48:16,800
 perspective what's available out there what's being developed kind of a long

542
00:48:16,800 --> 00:48:21,000
 term plan of where we were our industrial growth is playing from the

543
00:48:21,000 --> 00:48:25,080
 city perspective and maybe just get a better feel for I think you mentioned

544
00:48:25,080 --> 00:48:28,720
 it John earlier where these guys gonna go be interesting to see kind of what

545
00:48:28,720 --> 00:48:33,640
 that looks like I think on our future agenda items is that one of our we have

546
00:48:33,640 --> 00:48:42,280
 industrial park space or lack of space or it's a good point we're about to run

547
00:48:42,280 --> 00:48:47,680
 out of space on our tours and that'd be a good topic to have overview yeah we

548
00:48:47,680 --> 00:48:52,720
 can definitely bring back and to you from a planning perspective you know we

549
00:48:52,720 --> 00:48:56,160
 just went through like the massive city-wide free-zoning and that was to

550
00:48:56,160 --> 00:48:59,600
 become compliant with the future land use plan and what does that look like

551
00:48:59,600 --> 00:49:05,880
 because there are still large areas that are undeveloped and so how do we guide

552
00:49:05,880 --> 00:49:12,880
 that I think a lot of these questions that are being asked today maybe a

553
00:49:12,880 --> 00:49:17,160
 little bit very broad for an hour and a half discussion with the City Council

554
00:49:17,160 --> 00:49:21,160
 but again I will come back to you we are going to be going through a

555
00:49:21,160 --> 00:49:27,760
 comprehensive planning process for economic development and I think that a

556
00:49:27,760 --> 00:49:31,200
 lot of these points and I have taken a lot of notes I'm running out of space on

557
00:49:31,200 --> 00:49:38,240
 the page need to come back in that discussion so if we can narrow down to

558
00:49:38,240 --> 00:49:44,160
 maybe three or four kind of topic areas for the City Council discussion that

559
00:49:44,160 --> 00:49:50,240
 would that would help staff out a lot but I'm open to to any we will craft it

560
00:49:50,240 --> 00:49:59,160
 whichever way the board deems appropriate I think the number of top

561
00:49:59,160 --> 00:50:04,480
 couple of topics are board makeup and establishing the fund and the criteria

562
00:50:04,480 --> 00:50:16,360
 for that and then review of targeted industries and targeted industries

563
00:50:18,040 --> 00:50:24,040
 think we're setting the agenda or suggesting agenda items for yes but she

564
00:50:24,040 --> 00:50:30,680
 was if anyone wanted to know what they currently are those are renewable energy

565
00:50:30,680 --> 00:50:34,800
 advanced manufacturing aviation and aerospace research and development

566
00:50:34,800 --> 00:50:39,240
 information technology supply chain for existing primary employers and

567
00:50:39,240 --> 00:50:51,520
 significant consumers of municipal utilities and that gets talked about an

568
00:50:51,520 --> 00:50:57,320
 updated twice a year but I think it'd be good to take a look at that that may

569
00:50:57,320 --> 00:51:00,080
 cover an hour and a half

570
00:51:06,640 --> 00:51:19,880
 this board votes on that list twice every two years we've been doing that

571
00:51:19,880 --> 00:51:25,840
 and it comes in a big report and I don't know that we've changed that very much

572
00:51:25,840 --> 00:51:30,480
 but we talked about it cities staff talks about a chamber I mean the City

573
00:51:30,480 --> 00:51:34,480
 Council talks about it we identify that I don't know I can't tell you that we

574
00:51:34,480 --> 00:51:39,720
 added somebody or subtracted somebody renewable energy is one that we've added

575
00:51:39,720 --> 00:51:46,040
 two years ago or if not maybe four years ago because of the additions we've done

576
00:51:46,040 --> 00:51:53,920
 here in the city so those are all those industries this group and the City

577
00:51:53,920 --> 00:51:57,800
 Council has all had conversations about every two years as we update our

578
00:51:57,800 --> 00:52:04,520
 policies and there are national trade shows that circle around these

579
00:52:04,520 --> 00:52:08,400
 industries and that's our job to reach out to those and attend those things and

580
00:52:08,400 --> 00:52:13,880
 make contacts within those industries right now that's what Adam does set up

581
00:52:13,880 --> 00:52:18,560
 a big booth brightly colored wave him down yeah that's what's happening some

582
00:52:18,560 --> 00:52:24,320
 of them so Adam some of his marketing is going specifically to a conference of

583
00:52:24,320 --> 00:52:28,200
 those type of people where aerospace is gonna be there the other ones are he's

584
00:52:28,200 --> 00:52:33,440
 going specifically to conferences where their site selectors are all that so

585
00:52:33,440 --> 00:52:36,200
 those are all people that are repping all kinds of companies so he's talking

586
00:52:36,200 --> 00:52:49,120
 to those real estate companies on any other conversation on items for our

587
00:52:49,120 --> 00:52:56,880
 agenda with the City Council all right thank you it's a good discussion we get

588
00:52:56,880 --> 00:53:09,040
 and we get an hour and a half all right item EDP 19 - 040 045 because we're

589
00:53:09,040 --> 00:53:13,600
 meeting on September 9th with the joint meeting we need to talk about canceling

590
00:53:13,600 --> 00:53:25,080
 our September 11th meeting or not if we don't have any incentive request or

591
00:53:25,080 --> 00:53:31,160
 anything like that it's easy to go ahead and send out the staff reports and not

592
00:53:31,160 --> 00:53:44,520
 have a meeting so everybody okay with canceling that month that monthly

593
00:53:44,520 --> 00:54:01,960
 meeting since we're gonna be on Monday all right hang in there guys item EDP 19

594
00:54:01,960 --> 00:54:07,040
 - 046 receive report hold discussion and consider approval of changing the name

595
00:54:07,040 --> 00:54:12,560
 of the Denton the downtown didn't pass force to the downtown economic

596
00:54:12,560 --> 00:54:17,640
 development committee and adopting a downtown economic development committee

597
00:54:17,640 --> 00:54:30,160
 policy so as Jessica's walking up there we talked about this last month we also

598
00:54:30,160 --> 00:54:34,320
 staff took this to the downtown economic development task force and

599
00:54:34,320 --> 00:54:38,400
 presented this and I attended and answered a few questions they've actually

600
00:54:38,400 --> 00:54:43,880
 met twice since we talked about this they made a couple of seemingly

601
00:54:43,880 --> 00:54:48,680
 reasonable suggested changes and other than that I think they're okay with

602
00:54:48,680 --> 00:54:53,880
 everything right I will I will go through this pretty quickly and just kind of

603
00:54:53,880 --> 00:55:01,640
 point out the changes that they suggested and so on July 11th a task

604
00:55:01,640 --> 00:55:08,200
 force reviewed the full draft with the changes that the EDP had made so the

605
00:55:08,200 --> 00:55:13,000
 draft that you have I would say it's substantially similar as I go through in

606
00:55:13,000 --> 00:55:19,320
 the kind of terms that are in the policy on they're noted in red so you see them

607
00:55:19,320 --> 00:55:23,760
 so they did and like the name change of the downtown economic development

608
00:55:23,760 --> 00:55:30,240
 committee so good with that and they can concurred with it extending the area map

609
00:55:30,240 --> 00:55:36,480
 so you have a new map in your backup that extends south to Eagle they asked

610
00:55:36,480 --> 00:55:41,720
 about adding a instead of staying the Main Street president having it be a

611
00:55:41,720 --> 00:55:47,320
 member of the Main Street executive committee that is a voting member they

612
00:55:47,320 --> 00:55:50,400
 asked to add a representative with general knowledge of urban planning and

613
00:55:50,400 --> 00:55:56,040
 then staff as I was reading the term limit section realized it was pretty

614
00:55:56,040 --> 00:56:00,280
 confusingly worded and so I just cleaned up that section a little bit to make it

615
00:56:00,280 --> 00:56:06,400
 clear so the sections were authorization and purpose the only change here like I

616
00:56:06,400 --> 00:56:12,400
 said is the map and this is what the new map looks like that is in your packet on

617
00:56:12,400 --> 00:56:16,640
 page 70 of your packet and the change was it previously just went straight

618
00:56:16,640 --> 00:56:22,680
 across Prairie so we went down Bell to Eagle now again I would say that we've

619
00:56:22,680 --> 00:56:25,840
 written it pretty broad this isn't a hard boundary this doesn't mean that if

620
00:56:25,840 --> 00:56:29,320
 there's a business coming in somewhere along Fort Worth Drive that it wouldn't

621
00:56:29,320 --> 00:56:34,520
 have an impact on downtown we would still bring that through the committee we

622
00:56:34,520 --> 00:56:40,880
 would just it would be a little bit more subjective and here are the changes that

623
00:56:40,880 --> 00:56:45,160
 were made to membership and structure representative with general knowledge of

624
00:56:45,160 --> 00:56:50,080
 urban planning and that the executive someone from the executive committee be

625
00:56:50,080 --> 00:56:55,120
 a full voting member and then clarifying that and it's three consecutive two-year

626
00:56:55,120 --> 00:57:03,720
 terms and that the group the initial 13 members will split six members or seven

627
00:57:03,720 --> 00:57:06,640
 members one will have one year and one will have two year terms what we're

628
00:57:06,640 --> 00:57:10,680
 gonna do so that no one is short change the group that gets one year can serve

629
00:57:10,680 --> 00:57:18,480
 three full two-year terms that one year term doesn't limit them and then no

630
00:57:18,480 --> 00:57:24,240
 changes to the meetings and reporting and they did at their last meeting their

631
00:57:24,240 --> 00:57:29,560
 August meeting agree to change the date of their meetings so they'll actually be

632
00:57:29,560 --> 00:57:35,240
 meeting with enough time that we won't have a month lag between them meeting

633
00:57:35,240 --> 00:57:37,880
 and the EDP meeting so when they're making recommendations they'll come back

634
00:57:37,880 --> 00:57:43,080
 to you quicker so we thought that was a smart move so some someone who's on the

635
00:57:43,080 --> 00:57:48,480
 hook waiting for feedback or something isn't waiting for a month and then right

636
00:57:48,480 --> 00:57:53,840
 now we have it scheduled we'll be placing an item quarterly on the EDP

637
00:57:53,840 --> 00:58:02,360
 agenda to get an update on the activities of the committee so really

638
00:58:02,360 --> 00:58:08,160
 what's important today is next step so if you have changes and so the policy is

639
00:58:08,160 --> 00:58:15,320
 drafted certainly let me know but it's in front of you for consideration our

640
00:58:15,320 --> 00:58:22,120
 goal would be to get recommendations for who would be the appointments to the to

641
00:58:22,120 --> 00:58:26,440
 the board that would be separate from the EDP recommendation remember there'll

642
00:58:26,440 --> 00:58:30,600
 be one number of EDP serving on the on the committee that's actually on your

643
00:58:30,600 --> 00:58:36,320
 agenda today if you choose to make that nomination today and then our goal would

644
00:58:36,320 --> 00:58:41,480
 be at at the October meeting of the EDP that we would bring back nominations

645
00:58:41,480 --> 00:58:45,920
 appointments to nominate that with the new members being seated depending on I

646
00:58:45,920 --> 00:58:49,320
 didn't know when they were going to change their meeting date to so being

647
00:58:49,320 --> 00:58:52,960
 seated if they met after you in October or before you they would be seated at

648
00:58:52,960 --> 00:59:00,960
 their first meeting and in November and that's sort of the their game plan

649
00:59:00,960 --> 00:59:08,520
 so I'm okay with all this my only question is if you could clarify remind

650
00:59:08,520 --> 00:59:13,800
 me so this committee wanted to add a Main Street Association member and then

651
00:59:13,800 --> 00:59:17,160
 they just wanted to make sure it was an executive

652
00:59:17,160 --> 00:59:23,520
 we suggested the Main Street president as that member and they asked it could

653
00:59:23,520 --> 00:59:27,920
 just be somebody from their executive committee in the case somebody was better

654
00:59:27,920 --> 00:59:32,520
 suited to make the meetings or whatever and are there three members in their

655
00:59:32,520 --> 00:59:42,960
 executive committee I guess my question would be on that does that mean they're

656
00:59:42,960 --> 00:59:49,360
 gonna have the same person from the executive committee come every year I

657
00:59:49,360 --> 00:59:56,560
 don't want somebody new coming every it would be someone from that group would

658
00:59:56,560 --> 01:00:00,720
 have to be appointed by this body so it would be the individual okay it wouldn't

659
01:00:00,720 --> 01:00:13,560
 be just an open seat that any of the four could attend there would be any more

660
01:00:13,560 --> 01:00:26,520
 discussion or questions we have not talked about attendance for this

661
01:00:26,520 --> 01:00:34,480
 committee it's not it's not written in here I would say for just about every

662
01:00:34,480 --> 01:00:36,960
 other board the attendance policy is guided by the city's boards and

663
01:00:36,960 --> 01:00:42,400
 commissions handbook this board isn't subject to that because they're not a

664
01:00:42,400 --> 01:00:46,720
 city of Denton border Commission they're an economic development partnership

665
01:00:46,720 --> 01:00:52,440
 border subcommittee so subcommittee and so it's a little bit complicated but we

666
01:00:52,440 --> 01:00:55,800
 could add a line that says that their attendance policy will be in line with

667
01:00:55,800 --> 01:01:08,920
 the boards and commissions if we want attendance to be it's pretty important

668
01:01:08,920 --> 01:01:12,520
 that they attend meetings for me personally that would be okay I mean it's

669
01:01:12,520 --> 01:01:25,600
 up to this body I think they've had really good attendance they may not

670
01:01:25,600 --> 01:01:29,200
 meet every month if they don't have an item but generally speaking I think

671
01:01:29,200 --> 01:01:32,240
 they've got good attendance what that does is gives you an out in case

672
01:01:32,240 --> 01:01:35,520
 somebody's never showing up and they're on a two-year term you can re-appoint

673
01:01:35,520 --> 01:01:39,920
 somebody because they're not coming so I think it that helps

674
01:01:39,920 --> 01:01:52,560
 all right any other questions or concerns if not take a motion

675
01:01:54,200 --> 01:02:03,400
 I'll move to approve I'll second with the change for the attendance you good

676
01:02:03,400 --> 01:02:10,160
 with that John I'm good with that all right we had a motion and a second any

677
01:02:10,160 --> 01:02:19,080
 further discussion all those in favor say aye aye any opposed motion carries

678
01:02:19,080 --> 01:02:27,400
 our next item is receive report EDP 19-047 receive report hold discussion

679
01:02:27,400 --> 01:02:32,280
 and appoint one or more members of the economic development partnership board

680
01:02:32,280 --> 01:02:39,960
 to the downtown economic development committee so one of the things I guess

681
01:02:39,960 --> 01:02:46,560
 it's got this conversation started off with was we've always loosely had

682
01:02:46,560 --> 01:02:50,440
 somebody on this board on that committee because it was a subcommittee and we

683
01:02:50,440 --> 01:02:58,600
 could report back and just wanted I guess we are reconfirming that so we

684
01:02:58,600 --> 01:03:04,720
 need to nominate somebody from our committee to do that so who's not here

685
01:03:13,400 --> 01:03:23,680
 the second question is who wants to be there I'm happy to do it if that's what

686
01:03:23,680 --> 01:03:28,640
 the committee wants I've done it forever and I care about downtown but if

687
01:03:28,640 --> 01:03:38,600
 somebody else wants to do it I'm happy for anybody else to do it - and thank you

688
01:03:38,600 --> 01:03:43,320
 well what do you want to make a motion and let somebody else do that I'm serious

689
01:03:43,320 --> 01:03:50,240
 anybody wants to do I'm I feel weird going back no it would be very much

690
01:03:50,240 --> 01:03:59,680
 appreciative and ideal I move we appoint Marty Rivers to the newly named

691
01:03:59,680 --> 01:04:09,240
 downtown Economic Development Committee I will second that any discussion all

692
01:04:09,240 --> 01:04:20,680
 those in favor say aye aye any opposed all right that's a great group folks

693
01:04:20,680 --> 01:04:33,740
 all right we have item EDP 19-049 get a report hold discussion and give

694
01:04:33,740 --> 01:04:38,560
 staff direction regarding the selection of our business recipients for the

695
01:04:38,560 --> 01:04:42,320
 recognition that our mayor and City Council business awards of breakfast

696
01:04:42,320 --> 01:04:48,400
 it's Academy Awards time feels that way doesn't it did you pass out a sheet for

697
01:04:48,400 --> 01:04:54,920
 yes I did if you would all please look at the blue topped additional side

698
01:04:54,920 --> 01:05:03,880
 packet this is the this has the criteria that were outlined by the board for both

699
01:05:03,880 --> 01:05:08,680
 the small business meaning under 100 employees and large business criteria

700
01:05:08,680 --> 01:05:16,720
 and I do need to specify that because last tech a meat market it actually has

701
01:05:16,720 --> 01:05:24,400
 ownership on the board Jimmy Mejia that you'll need to refrain from discussion

702
01:05:24,400 --> 01:05:29,360
 regarding the selection of the small business award recipient but you will be

703
01:05:29,360 --> 01:05:34,920
 able to join back in then on the large business recipient so anyway if we could

704
01:05:34,920 --> 01:05:39,220
 get started we've met the last two or three different meetings you've had an

705
01:05:39,220 --> 01:05:45,560
 opportunity to nominate potential businesses for as your recipient for

706
01:05:45,560 --> 01:05:50,800
 small and large businesses and so this gives you an opportunity to see where

707
01:05:50,800 --> 01:05:56,240
 they fall across the selection criteria and I did want to mention in in

708
01:05:56,240 --> 01:06:01,360
 researching I saw yes I've been waiting months every day I drive by on my way to

709
01:06:01,360 --> 01:06:06,080
 work to see if it's open I'm so psyched and then the response to that was yet

710
01:06:06,080 --> 01:06:10,120
 somebody else saying rats the day I leave for two months well delicious

711
01:06:10,120 --> 01:06:15,480
 fajita meat awaits me when I get back so it was it was big fun on my part to be

712
01:06:15,480 --> 01:06:20,200
 able to go in and research these companies and see additionally as I was

713
01:06:20,200 --> 01:06:23,080
 going through some of the comments that were made and of course we're talking

714
01:06:23,080 --> 01:06:30,480
 about laws tech and meat market law is techa the ones in that are in Denton are

715
01:06:30,480 --> 01:06:35,760
 owned and operated by the Mejia family and they opened their first location on

716
01:06:35,760 --> 01:06:41,600
 I-35 in 2003 and you'll notice the second location opened in the former

717
01:06:41,600 --> 01:06:48,880
 pickly wiggly in 2016 the I-35 location moved to a new site on ACME and opened

718
01:06:48,880 --> 01:06:56,920
 in the fall of 2018 property tax for Bellorum for both sites is at four

719
01:06:56,920 --> 01:07:01,820
 million they do donate to regional and state nonprofits Red Cross fallen

720
01:07:01,820 --> 01:07:06,320
 officers and Texas troopers I know that there's consideration of participating

721
01:07:06,320 --> 01:07:11,800
 with local charities as well as North Central Texas College kind of in the

722
01:07:11,800 --> 01:07:19,240
 future considerations they they have had successful practice the parent operation

723
01:07:19,240 --> 01:07:24,840
 actually has 11 different sites owned by two separate families in the North Texas

724
01:07:24,840 --> 01:07:28,920
 area so they have competed very successfully against other Hispanic and

725
01:07:28,920 --> 01:07:34,640
 Latino grocery markets and continue to look for ways to do outreach to their

726
01:07:34,640 --> 01:07:40,320
 customers their family on grocery story can eat in the store and when people come

727
01:07:40,320 --> 01:07:45,520
 in like me that have no idea what to do with 20 different kinds of peppers staff

728
01:07:45,520 --> 01:07:52,200
 is on site to tell me and offer recipes so a very unique Denton centric kind of

729
01:07:52,200 --> 01:08:00,680
 experience Dan silver leaf Dan states on his website that they are a range of

730
01:08:00,680 --> 01:08:06,080
 live music from Texana to experimental staged with a roadhouse bar in the back

731
01:08:06,080 --> 01:08:12,960
 in a roadhouse bar with a back porch and in a glowing article in the Wall Street

732
01:08:12,960 --> 01:08:17,000
 Journal actually I'm sorry New York Times this has been several years back

733
01:08:17,000 --> 01:08:25,480
 they dubbed Dan's as quote-unquote the hub of Dentons unplugged music scene for

734
01:08:25,480 --> 01:08:31,680
 job creation workforce development Dan's has 15 employees and they're a dedicated

735
01:08:31,680 --> 01:08:37,600
 music venue that really supports local and touring musicians a lot of UNT

736
01:08:37,600 --> 01:08:42,720
 students and emerging bands get to cut their chops at day at Dan's Dan's bar

737
01:08:42,720 --> 01:08:51,120
 has been here for since 1995 not at that site they opened on Industrial Street in

738
01:08:51,120 --> 01:08:57,560
 2002 property tax valuation that whole Industrial Street area is the the

739
01:08:57,560 --> 01:09:04,080
 companies that are leasing so their their property tax valuation at twenty

740
01:09:04,080 --> 01:09:09,160
 two thousand is business personal property I've include BPP and all of the

741
01:09:09,160 --> 01:09:15,320
 calculations here Dan is board member or has been a board member on the Denton

742
01:09:15,320 --> 01:09:19,960
 Main Street Association he is a board member of the Denton music and arts

743
01:09:19,960 --> 01:09:23,280
 collaborative that has worked on initiatives to help support the arts and

744
01:09:23,280 --> 01:09:30,360
 music industry folks that are here in and Denton they're a benefit host to a

745
01:09:30,360 --> 01:09:36,120
 number of different nonprofits United Way greater than Arts Council C7 which is a

746
01:09:36,120 --> 01:09:44,600
 human trafficking halting human trafficking nonprofit organization many

747
01:09:44,600 --> 01:09:50,080
 many more he's the 2015 recipient of the Kara award that is for significantly

748
01:09:50,080 --> 01:09:58,680
 enhancing cultural life and outstanding support of fine arts so 2014 the

749
01:09:58,680 --> 01:10:04,240
 downtown task force actually does a business awards award at the business

750
01:10:04,240 --> 01:10:09,640
 awards breakfast and the downtown task force actually designated Dan and Dan

751
01:10:09,640 --> 01:10:15,320
 silver leaf for that award on that year since 2002 there have been numerous

752
01:10:15,320 --> 01:10:20,960
 press citations of Dan silver leaf as ground zero for dense emerging and

753
01:10:20,960 --> 01:10:26,800
 independent music scene so they are a placemaking venue for the downtown area

754
01:10:26,800 --> 01:10:33,040
 for visitation to downtown and people spending time there and and money there

755
01:10:33,040 --> 01:10:38,380
 there are considered a catalyst business while they have not done historic

756
01:10:38,380 --> 01:10:43,560
 preservation or so much investment per se in downtown revitalization they were

757
01:10:43,560 --> 01:10:48,160
 the first business in that industrial street strip that was a catalyst for

758
01:10:48,160 --> 01:10:52,280
 pulling other businesses there and there are a number of eating venues and

759
01:10:52,280 --> 01:10:57,920
 everything else in that area now so they were kind of a pioneer along those lines

760
01:10:57,920 --> 01:11:05,000
 Steve's wine bar this is a actually an out-of-retirement almost venture for

761
01:11:05,000 --> 01:11:12,400
 Steve and Karen severance they have purchased this it used to be big knee

762
01:11:12,400 --> 01:11:19,680
 wine and deli and that was on I believe East hickory and they have moved and

763
01:11:19,680 --> 01:11:23,600
 doubled their space by moving to industrial they have a back room that is

764
01:11:23,600 --> 01:11:28,720
 an event that venue and the construction on their patio is currently underway so

765
01:11:28,720 --> 01:11:33,080
 they are still growing property tax value again business personal property

766
01:11:33,080 --> 01:11:37,800
 here sixty six thousand dollars they're also involved in the community past

767
01:11:37,800 --> 01:11:42,960
 president of the debt and Rotary Club a member of the Chamber of Commerce and a

768
01:11:42,960 --> 01:11:47,920
 in two actually musician and two of the music groups that are constantly playing

769
01:11:47,920 --> 01:11:53,300
 with their place of worship successful business practices they're here they're

770
01:11:53,300 --> 01:11:57,400
 hanging in there they had no background at all in this area they just love

771
01:11:57,400 --> 01:12:01,400
 drinking wine and they have turned that into a successful venture by looking at

772
01:12:01,400 --> 01:12:04,840
 what is needed in Denton and by responding to what people are asking them

773
01:12:04,840 --> 01:12:11,680
 for the additional live music venue has targeted jazz performers so they are

774
01:12:11,680 --> 01:12:20,280
 providing an opportunity for the UNT jazz studies faculty and staff as well

775
01:12:20,280 --> 01:12:29,480
 as students to perform there and as well as again an event venue that adds that

776
01:12:29,480 --> 01:12:35,480
 opportunity to the downtown area and the fourth nominee that you all put forward

777
01:12:35,480 --> 01:12:41,760
 was Allison engineering group they have 14 employees they opened their office on

778
01:12:41,760 --> 01:12:49,600
 locust in 2005 and they recently relocated to a site on North Elm in 2018

779
01:12:49,600 --> 01:12:57,740
 their property tax valuation there is point seven six million Allison does

780
01:12:57,740 --> 01:13:03,920
 pro bono design services they save serve Denton over $50,000 in design services

781
01:13:03,920 --> 01:13:09,960
 putting in the Denton community food outreach at that serve Denton campus

782
01:13:09,960 --> 01:13:16,840
 they do pro bono work they help do the specific use or special use permit for

783
01:13:16,840 --> 01:13:21,160
 Wheeler house in its construction they were the served at business partner the

784
01:13:21,160 --> 01:13:27,000
 month member of the morning Kalana's and Chamber of Commerce board member so they

785
01:13:27,000 --> 01:13:32,240
 are doing service in the community for successful business practices they

786
01:13:32,240 --> 01:13:38,440
 belong to the professional organizations for engineering and downtown

787
01:13:38,440 --> 01:13:43,000
 revitalization historic preservation they're currently working on a the

788
01:13:43,000 --> 01:13:49,240
 historic preservation of the O'Neill Ford Fairhaven assisted living facility

789
01:13:49,240 --> 01:13:57,040
 that is a nine million dollar 30,000 square foot senior living project underway

790
01:13:57,040 --> 01:14:03,080
 so that's that's the gamut for small business and I didn't know whether we

791
01:14:03,080 --> 01:14:08,720
 wanted to discuss that first and and the large business later after you reach a

792
01:14:08,720 --> 01:14:13,160
 decision on smaller do you want me to go ahead with the large business now let's

793
01:14:13,160 --> 01:14:18,320
 since we only have one large business to talk about let's feel like if we don't

794
01:14:18,320 --> 01:14:21,040
 get to that point someone needs to leave we'll probably end up at the same place

795
01:14:21,040 --> 01:14:26,360
 so okay let's talk about okay these if that's with everyone can I add a couple

796
01:14:26,360 --> 01:14:31,280
 things sure why is Teco one of their community leadership as they have a

797
01:14:31,280 --> 01:14:37,960
 representative on the EDP board correct we don't have on here I'm sorry I want

798
01:14:37,960 --> 01:14:43,080
 to give them all the credit that's true that was the most obvious and I missed

799
01:14:43,080 --> 01:14:49,880
 it sorry about that Allison engineering to there and private economic development

800
01:14:49,880 --> 01:14:53,680
 investor with the chamber I think that's important to put on there as well they're

801
01:14:53,680 --> 01:14:59,480
 also involved in leadership didn't think of somebody on the okay steering

802
01:14:59,480 --> 01:15:08,800
 committee all right any comments questions motions

803
01:15:11,360 --> 01:15:17,080
 Julie yeah so I'm just gonna dance was my nomination so I'm going to continue to

804
01:15:17,080 --> 01:15:24,560
 advocate for dance so relief I although every business on here is a notable

805
01:15:24,560 --> 01:15:30,320
 contributing business to Denton I shop and attend all of them and I'm very

806
01:15:30,320 --> 01:15:33,200
 friendly with mr. Allison and appreciative of what he does for a

807
01:15:33,200 --> 01:15:38,760
 development community I still since we are in process of becoming a cultural

808
01:15:38,760 --> 01:15:44,800
 district we just were designated a music friendly city last year I think that it

809
01:15:44,800 --> 01:15:52,400
 would be really great if we could nominate or award a live music venue to

810
01:15:52,400 --> 01:16:00,840
 fall in line with that just to show that we are committed to to those things that

811
01:16:00,840 --> 01:16:11,160
 would be that would be my recommendation George first thanks to staff outstanding

812
01:16:11,160 --> 01:16:18,440
 kind of synopsis so I appreciate that I agree for our dynamic I think looking at

813
01:16:18,440 --> 01:16:23,200
 it on paper I mean it's kind of the the same experience you had that's not

814
01:16:23,200 --> 01:16:30,720
 captured on the paper that drives me and what to me causes a stack of that stand

815
01:16:30,720 --> 01:16:35,080
 out it's the it is the community it is the kind of you can go they go there you

816
01:16:35,080 --> 01:16:43,640
 eat you shop I kind of there's a social aspect there and just kind of the it's a

817
01:16:43,640 --> 01:16:49,360
 community that doesn't always get the recognition they deserve I think that's

818
01:16:49,360 --> 01:16:54,200
 important I didn't realize the 40 employees is dynamic to me I mean it

819
01:16:54,200 --> 01:16:59,200
 y'all are in business you get it I mean that it is tough it's a tough market to

820
01:16:59,200 --> 01:17:05,000
 find employees employees are tough to manage and so to me to have that two

821
01:17:05,000 --> 01:17:09,640
 different locations that means you're always in two places at once and so to

822
01:17:09,640 --> 01:17:16,320
 me just kind of that footprint that culture and what it represents to that

823
01:17:16,320 --> 01:17:21,360
 Denton field and that sense of community really jumps out at me I think again all

824
01:17:21,360 --> 01:17:24,920
 well-deserving I didn't know about the New York Times article that's fantastic

825
01:17:24,920 --> 01:17:31,480
 for Dan's but that kind of is that the employee number and just kind of the the

826
01:17:31,480 --> 01:17:40,680
 community aspect and then jump out at me as someone we want to kind of put to the

827
01:17:40,680 --> 01:17:46,620
 forefront so that's gonna be I don't know what the process is mr. chair as

828
01:17:46,620 --> 01:17:52,680
 far as how we never know what the problem just been thinking about that

829
01:17:52,680 --> 01:17:56,760
 these last couple minutes about I hate to have a motion for one and everybody

830
01:17:56,760 --> 01:18:00,440
 try to vote on one or not if you were doing that we may want to go around the

831
01:18:00,440 --> 01:18:06,560
 table and vote everybody say what they want here they would like and add them

832
01:18:06,560 --> 01:18:11,000
 up on I'm asking for suggestions

833
01:18:11,000 --> 01:18:16,280
 this decision is very difficult for me

834
01:18:16,280 --> 01:18:23,480
 although my preference is the stick for the reason that it is necessary to

835
01:18:23,480 --> 01:18:34,280
 use this opportunity to include this part of this community

836
01:18:34,280 --> 01:18:44,280
 en el pasado no no creo que ellos personas que reciben este award pero es

837
01:18:44,280 --> 01:18:53,960
 una oportunidad muy única para incluye una parte de este este comunidad no

838
01:18:53,960 --> 01:18:59,360
 incluyen pasado es todos mis palabras gracias

839
01:18:59,360 --> 01:19:19,520
 in other words I heard you I think it's an opportunity to to provide recognition

840
01:19:19,520 --> 01:19:24,480
 to a part of the community that has not been recognized sufficiently here to

841
01:19:24,480 --> 01:19:31,240
 for Dan is a very good friend of mine his his son and my and my daughter were

842
01:19:31,240 --> 01:19:35,840
 in high school together and we go way back I love Dan a lot I don't know mr.

843
01:19:35,840 --> 01:19:40,560
 Allison Steve's wine bar I've heard nothing but good things about them I

844
01:19:40,560 --> 01:19:45,240
 think they're all wonderful candidates I just feel like we have a unique

845
01:19:45,240 --> 01:19:53,400
 opportunity here and that's my choice can somebody remind me who the downtown

846
01:19:53,400 --> 01:19:57,600
 economic development task force voted for their to their subcommittee of ours

847
01:19:57,600 --> 01:20:05,080
 I was there and I can't remember they voted for the Locust Street businesses

848
01:20:05,080 --> 01:20:19,040
 Oh recovering from the fire okay several businesses I think we ought to go around

849
01:20:19,040 --> 01:20:25,320
 the table and you can talk or just vote and everybody with everybody but Jimmy

850
01:20:25,320 --> 01:20:34,800
 Jimmy can't now I'm deciding which part of the table Chris will start with you

851
01:20:34,800 --> 01:20:38,840
 that's okay well I've only been to one of these

852
01:20:38,840 --> 01:20:42,240
 businesses and so I can only speak intelligently about one of them but I

853
01:20:42,240 --> 01:20:46,160
 got all the facts and figures here on the paper here but I guess based on what

854
01:20:46,160 --> 01:20:52,880
 I read and what I see and I remember kind of creating this last year this

855
01:20:52,880 --> 01:20:58,760
 under a hundred employee thing if I was going to vote I would vote for a loss

856
01:20:58,760 --> 01:21:19,960
 tackle I am undecided at this point I would like to hear more feedback to pass

857
01:21:19,960 --> 01:21:44,480
 at this time oh I already said yeah sorry I'm gonna put in a vote for Allison

858
01:21:44,480 --> 01:21:54,440
 engineering group from an economic I love all for these people and I really

859
01:21:54,440 --> 01:21:59,840
 don't care who wins Dan's is great they have also already won an award from the

860
01:21:59,840 --> 01:22:02,960
 subcommittee of this group thought you'll long go for all those things we

861
01:22:02,960 --> 01:22:07,640
 talked about and doesn't mean we can't award them again I think that's great

862
01:22:07,640 --> 01:22:14,800
 and Steve's is great also Lee is up in front of council he's an economic

863
01:22:14,800 --> 01:22:20,240
 development he's involved in a lot of these projects that are helping drive

864
01:22:20,240 --> 01:22:26,440
 tax dollars and I think he's well liked by everybody he deals with in planning

865
01:22:26,440 --> 01:22:31,680
 he's been very instrumental through the didn't development Alliance actually the

866
01:22:31,680 --> 01:22:35,440
 staff has as far as working with planning and zoning this last year to

867
01:22:35,440 --> 01:22:41,000
 get go through the whole process of rewriting the code and the zoning maps

868
01:22:41,000 --> 01:22:44,760
 and their economic development partnership investors on the private

869
01:22:44,760 --> 01:22:48,080
 side they're the only one on this group that is and so they're putting their

870
01:22:48,080 --> 01:22:54,120
 money where their mouth is and right there so I'm gonna vote for those guys

871
01:22:54,120 --> 01:23:04,520
 she voted yes sir I voted already as well to stick with my nomination but I

872
01:23:04,520 --> 01:23:11,160
 do want to add about Allison engineering just in just to add my input about Lee

873
01:23:11,160 --> 01:23:18,280
 Allison he I value his opinion and ask him if I have any questions or concerns

874
01:23:18,280 --> 01:23:25,480
 about projects and their their group shows up and for the community and

875
01:23:25,480 --> 01:23:30,080
 values their input and listens and so I just would be remiss if I didn't say that

876
01:23:30,080 --> 01:23:36,160
 and when I had the opportunity Tony yeah Tony Clark I would vote for last

877
01:23:36,160 --> 01:23:39,440
 deck as well for all the things that have already been said you know the

878
01:23:39,440 --> 01:23:43,520
 Ortega family very well have a lot of respect for them what they've done in

879
01:23:43,520 --> 01:23:51,640
 this community as well as their other locations Bob Bob Ames I've known Dan

880
01:23:51,640 --> 01:24:00,440
 both professionally and drinking in his joints for a long time I think he's an

881
01:24:00,440 --> 01:24:04,840
 honest man and I think he's done a lot of good over a lot of years for the

882
01:24:04,840 --> 01:24:13,200
 community and so I would vote for Dan Jill looks like I'm the tiebreaker I'm

883
01:24:13,200 --> 01:24:22,680
 just kidding I'm all completely worthy I would put my vote to Allison engineering

884
01:24:22,680 --> 01:24:30,320
 group all right we've got seven if my numbers are right for laws TECA so that

885
01:24:30,320 --> 01:24:54,560
 will be our okay we've got I'll take a motion is our choice for small business

886
01:24:54,560 --> 01:25:01,480
 of the year award from the economic development partnership board second can

887
01:25:01,480 --> 01:25:09,040
 I make a friendly amendment to that that we give also a recognition that these

888
01:25:09,040 --> 01:25:15,920
 other companies were considered and we're all considered highly esteemed you

889
01:25:15,920 --> 01:25:20,180
 know some somehow we just we realize that's TECA we'll get the award but at

890
01:25:20,180 --> 01:25:26,200
 least acknowledging the others that is a conversation this group has had in the

891
01:25:26,200 --> 01:25:31,760
 past as far as we have listed finalists in the past and it seemed that it led to

892
01:25:31,760 --> 01:25:36,440
 some frustration on the part of some of the groups that were nominated a few

893
01:25:36,440 --> 01:25:43,440
 years in a row but didn't win so I would maybe deny the friendly motion for this

894
01:25:43,440 --> 01:25:55,040
 motion but give it as a topic for conversation but the intent I'm

895
01:25:55,040 --> 01:26:04,920
 completely in agreement with thank you Keely motion and a second any further

896
01:26:04,920 --> 01:26:21,800
 discussion all those in favor say aye any opposed all right and our large

897
01:26:21,800 --> 01:26:27,680
 business nominee does anybody we've been given information ahead of time does

898
01:26:27,680 --> 01:26:35,600
 anybody need Michelle to read through all that I can sit I can tell you in one

899
01:26:35,600 --> 01:26:42,280
 sentence they were awesome and the amount of outreach that they actually do

900
01:26:42,280 --> 01:26:48,920
 would have filled the entire page there was not enough space for it they're just

901
01:26:48,920 --> 01:26:58,880
 stellar only question I have is any any city department that's through like CBB

902
01:26:58,880 --> 01:27:02,880
 or anything like that are they in consideration for anything else or

903
01:27:02,880 --> 01:27:10,360
 although that you would not answer all that okay not at this point and with whom

904
01:27:10,360 --> 01:27:17,000
 we will speak and we can let them know hey they're already taken or they're

905
01:27:17,000 --> 01:27:25,380
 already being we try to diversify and not have the same folks right yeah

906
01:27:25,380 --> 01:27:34,240
 anybody like to make a motion I would like to make a motion to or I'd like to

907
01:27:34,240 --> 01:27:42,200
 nominate embassy suites for the large business award that's what it's called

908
01:27:42,200 --> 01:27:49,320
 there's a second second Gerard is seconded any further discussion all those

909
01:27:49,320 --> 01:28:00,120
 in favor say aye any opposed motion carries we are done with our agenda

910
01:28:00,120 --> 01:28:07,320
 anything anybody would like to put on as a future topic so our next meeting is

911
01:28:07,320 --> 01:28:15,760
 Monday September 9th at 1130 update we'll just change the calendar invitation

912
01:28:15,760 --> 01:28:23,480
 from the 11th to the night so we should be getting that from Michelle yes one

913
01:28:23,480 --> 01:28:28,000
 thing I from it's been a week so I'm not certain but if staff could help me

914
01:28:28,000 --> 01:28:32,600
 disseminate the information I think Mayor Watts is not going to be at that

915
01:28:32,600 --> 01:28:38,160
 joint session so I think he's not going to be at that meeting so if you have

916
01:28:38,160 --> 01:28:45,320
 something that you need to get to him if I'm right you may this group may email

917
01:28:45,320 --> 01:28:48,880
 him or something just in advance but just know I think he said he was it was

918
01:28:48,880 --> 01:28:52,280
 traveling that there's something going on we would be here so if there's

919
01:28:52,280 --> 01:28:57,000
 information to be shared with him may have to do it yeah it's a short timer

920
01:28:57,000 --> 01:29:06,480
 yeah all right we're German thank you for coming today good to see everybody