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[00:00:07]

OKAY, IT

[(EDC) Board Meeting/(CDC) Board Meeting]

IS NOW SIX 30 AND I CALL THIS ECONOMIC DEVELOPMENT CORPORATION TYPE A AND TYPE B BOARD OF DIRECTORS INTO ORDER.

MAY I GET A ROLL CALL PLEASE? CHAIR CARLSON VICE CHAIR LUCAS HERE.

SECRETARY CLANCY.

HERE.

TREASURER COLEMAN.

PRESENT BOARD MEMBER MINTON.

HERE.

BOARD MEMBER THOMPSON.

BOARD MEMBER OWENS PRESENT.

WE DO HAVE A QUORUM.

SO IF YOU WILL PLEASE JOIN ME IN THE PLEDGE OF ALLEGIANCE PLEDGE, ALL ALLEGIANCE TO THE FLAG, THE UNITED STATES OF AMERICA AND TO THE REPUBLIC WHICH STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE.

FOR ALL HONOR.

HONOR THE TEXAS FLAG.

I PLEDGE ALLEGIANCE TO THE TEXAS ONE STATE UNDER GOD, ONE AND INDIVISIBLE.

ALL RIGHT.

ITEM FOUR, PUBLIC COMMENT.

DO WE HAVE ANYBODY HERE TO SPEAK? NO, SIR.

PUBLIC.

GREAT, THANK YOU.

ITEM FIVE ONE, UH, ECONOMIC DIRECTOR'S REPORT.

YES, THANK YOU.

UH, GOOD EVENING BOARD.

UH, JUST A FEW UPDATES.

WANTED TO SHARE WITH YOU, UM, REGARDING THE MASTER DEVELOPER SELECTION FOR THE COTTONWOOD PROPERTIES.

SO ALL THE COMPANIES WERE NOTIFIED THE DAY AFTER THE MEETING, UM, AND THE TWO CONTINUING CANDIDATES, UM, HAVE BEEN NOTIFIED AS WELL, INCLUDING THE BOARD'S DECISION TO CREATE A SUBCOMMITTEE.

AND WE'RE WORKING TO SCHEDULE THOSE MEETINGS, UM, TENTATIVELY FOR FRIDAY, THE 8TH OF DECEMBER.

UM, PENDING SOME AVAILABILITY, UM, SO THAT THEY CAN MAKE THAT RECOMMENDATION TO THE BOARD AT THEIR MEETING ON THE 11TH.

WAS, IS OUR HOPE.

UM, ALSO WANTED TO, UH, CIRCLE BACK TO OUR BOOK STUDY.

I KNOW CHAPTERS ONE AND SEVEN WERE PREVIOUSLY, UH, ASSIGNED.

WANTED TO GIVE YOU ALL THE NEXT TWO CHAPTERS.

I KNOW YOU'VE BEEN WAITING ON BATED BREATH TO KNOW WHAT'S NEXT.

UH, IT'LL BE CHAPTERS TWO AND THREE PLEASE.

OKAY.

AND THEN UPCOMING EVENTS.

IT IS A VERY BUSY FRIDAY COMING UP GUYS.

UM, WE HAVE OUR SALES TAX TRAINING, THE IN-PERSON OPTION.

UH, THE DEADLINE TO SIGN UP WAS UH, NOVEMBER 24TH.

SO IF YOU HAVEN'T SIGNED UP FOR THAT, THERE IS THE VIRTUAL OPTION AND BOTH OF THOSE LINKS WERE SENT TO YOU, UH, IN AN EMAIL I BELIEVE ON NOVEMBER 15TH.

SO THE REGISTRATION LINKS ARE IN THERE AND, UH, THERE'S A DESCRIPTION FOR THE VIRTUAL OPTION SO YOU KIND OF KNOW WHAT YOU'RE GETTING INTO THERE.

UM, AND THOSE HAVE BEEN APPROVED BY THE BOARD IN THE, IN THIS YEAR'S BUDGET FOR EVERYONE, UH, ALL BOARD MEMBERS AND STAFF TO ATTEND THAT TRAINING.

UM, SO IF YOU ARE ATTENDING FRIDAY, PLEASE LET ME KNOW IF YOU SIGNED UP.

UH, I'VE ONLY HEARD FROM ONE BOARD MEMBER, I BELIEVE THAT'S ATTENDING FRIDAY.

BUT UM, WE DO WANNA COORDINATE ANY CARPOOLING AND THEN ALSO IF THERE WOULD BE A QUORUM, WE WOULD NEED TO POST NOTICE FOR THAT AS WELL.

IS THAT ONE PERSON? ME? NO, .

IT WAS ACTUALLY ME.

YEAH, BUT I DO HAVE TO RECANT 'CAUSE I'M DOING THE VIRTUAL OPTION.

OKAY.

BECAUSE I REALIZED THAT THEY WERE SO CLOSE TOGETHER.

MM-HMM.

FROM FRIDAY.

AND THEN THE VIRTUAL OPTION, THE FIRST ONE IS THE FIFTH AND THEN THE NEXT ONE IS THE 17TH.

SO I JUST, I'D LIKE TO GIVE YOU THAT BECAUSE I'M ALREADY KIND OF BACK.

OKAY.

YEAH.

OKAY.

AND THEN ALSO JUST A HEADS UP, IF YOU WANT TO BE A CHIEF SCAPE CAN DO THE PAY NOW LATER OPTION IF YOU DON'T WANNA PAY IT UP FRONT AND YOU GET 30 DAYS BILLING.

JUST A HEADS UP WHEN YOU REGISTER.

OKAY.

GOOD TO KNOW.

THANK YOU.

UM, LET'S SEE THEN ALSO ON FRIDAY AT 11:00 AM THE, UH, MARRIOTT TOWN PLACE SUITES THAT HAD RECEIVED AN INCENTIVE FROM THE EDC BOARD CORPORATION RATHER IS HAVING THEIR GROUNDBREAKING.

SO IF ANYONE IS AVAILABLE TO ATTEND THAT, I WILL BE IN SALES TAX TRAINING.

SO, .

YES SIR.

SO WITH THE ATTENDING, IS THERE A WAY, 'CAUSE I PLAN ON ATTENDING ON FRIDAY, SO I JUST WANT TO KNOW, LIKE, WILL YOU BE LETTING US KNOW EXACTLY WHAT TO DO, LIKE THE HARD HAT ALL READY TO GO? IS THAT SUPPLIED, LIKE JUST THE DETAILS? SURE.

SO, UM, THAT'S A GREAT QUESTION AND I HAVE THOSE DETAILS FOR YOU.

SO, UH, IF Y'ALL ATTEND, TRY TO SHOW UP ABOUT 10 OR 15 MINUTES EARLY.

THE CITY IS PROVIDING HARD HATS AND SHOVELS.

UM, QUANTITY IS TBD, I HAVEN'T GOTTEN CONFIRMATION ON THAT.

UH, AND THEN THE HOTEL DEVELOPER, UH, WILL KIND OF SELECT AN ASSORTMENT OF FOLKS TO BE UP THERE IN THE HARD HATS DOING THE SHOVELING, UM, FOR THE OFFICIAL GROUNDBREAKING.

AND THEN,

[00:05:01]

UH, LASTLY FOR FRIDAY, UH, CITY OF HU IS HOSTING OUR, UH, HOLIDAY BANQUET.

AND SO THAT INVITATION IS EXTENDED TO ALL OF OUR BOARDS AND COMMISSIONS EMPLOYEES, CITY COUNCIL, UM, AND OUR LOVELY SWAT VOLUNTEERS THAT MAN THE FRONT DESK HERE AT, UH, CITY HALL THROUGHOUT THE WEEK.

SO, UH, I DID SEND AN EMAIL ON THAT TODAY FOR YOU, UH, JUST TO BUMP THAT TO THE TOP OF YOUR INBOX.

SO IF YOU'D LIKE TO RSVP, UH, PLEASE DO.

IT'S A PRETTY FUN EVENT AND IT'S NICE TO GET TO SOCIALIZE WITH FOLKS OUTSIDE OF BOARD MEETINGS, ET CETERA.

SO, UM, OTHER UPCOMING EVENTS, THE WILLIAMSON COUNTY GROWTH SUMMIT IS SCHEDULED FOR THURSDAY, DECEMBER 7TH.

IT'S 11:00 AM TO 1:00 PM AT KALAHARI.

INDIVIDUAL TICKETS ARE ON SALE.

THEY'RE $125.

THE CITY OF HUDU IS PURCHASING A TABLE OF 10, UM, AND WILL LIKELY BE INVITING SOME OF THE BOARD MEMBERS, I THINK, THINK THEY'RE STILL TRYING TO GET RSVPS FROM SOME OTHER FOLKS TO SEE.

UM, SO I'LL CIRCLE UP WITH THOSE AVAILABLE INVITATIONS.

TYPICALLY FOR THESE TYPES OF EVENTS, UM, THE BOARD LIMITS IT TO THREE SO THAT THERE'S NOT A QUORUM AND WE DON'T HAVE TO WORRY ABOUT ANYTHING LIKE THAT.

SO, UM, I GUESS I WOULD LIKE TO KNOW WHO WOULD BE INTERESTED IN AVAILABLE TO ATTEND THAT.

UM, AND THEN THAT WAY AS TICKETS BECOME AVAILABLE, I CAN, UM, EXTEND THAT TO Y'ALL.

WHAT DAY DID YOU SAY THAT WAS AGAIN? UH, IT'S DECEMBER 7TH.

IT'S A THURSDAY.

11:00 AM TO 1:00 PM AT KALAHARI.

DO YOU WANNA KNOW THAT NOW? ? UM, THAT WOULD BE HELPFUL IF YOU GUYS HAVE THE ABILITY.

I'D LIKE TO ATTEND.

OKAY, I'LL GO AS I WENT LAST YEAR, I THINK LAST YEAR THE FOCUS WAS WATER.

YES.

REGULATORY.

MM-HMM.

, I DON'T KNOW.

AND THEN, UM, THE CHAMBER GALA OR GALA, DEPENDING ON YOUR PREFERENCE, UH, IS SCHEDULED FOR JANUARY 27TH.

ALSO AT KALAHARI THIS YEAR, UH, MORE DETAILS ARE AVAILABLE ONLINE AND THEN ALSO TABLE OR TICKET AVAILABILITY IS STILL PENDING.

SO JUST WANNA PUT THAT ON Y'ALL'S RADAR AND I'LL CIRCLE UP ONCE I GET MORE DETAILS FOR THAT.

UM, ANOTHER PENDING ITEM, UH, EVENT IS GONNA BE THE GROUNDBREAKING, GROUNDBREAKING FOR THE CONSTRUCTION OF THE SPINE ROAD.

UH, AGAIN, I'VE MENTIONED BEFORE, WE DO WANNA MAKE THAT A REALLY BIG EVENT 'CAUSE IT IS A BIG MILESTONE FOR THE BOARD AND FOR THE CITY AND FOR ALL OF OUR PROJECTS, UH, PENDING OUT THERE.

DO YOU HAVE A DATE ON THAT? UH, NOT YET.

WE STILL HAVE TO FINALIZE THE CONTRACT SO THAT THEY CAN GET ALL OF THEIR SUBCONTRACTORS AND DO THEIR MOBILIZATION.

I WILL SAY, UM, THAT IS PENDING, BUT THEY HAVE DONE THEIR PRE-CONSTRUCTION MEETING.

SO REALLY IT'S JUST A MATTER OF EXECUTING THE CONTRACT AND WHENEVER THEY CAN GET MOBILIZED AND FEEL COMFORTABLE, UH, SCHEDULING A GROUNDBREAKING HOPEFULLY BEFORE THE HOLIDAYS IN DECEMBER.

DO WE HAVE AN OFFICIAL NAME FOR THE SPINE ROAD YET? UH, WE DON'T.

I KNOW THE CHAIR HAD PROPOSED SOMETHING AT THE LAST MEETING, BUT I DON'T KNOW.

UH, WE WILL, WE ARE GONNA NEED TO NAME THE ROAD FAIRLY SOON.

WE, BECAUSE, UM, THAT GROUNDBREAKING IS GONNA INCENT FOLKS TO START GETTING ALL OF THEIR PERMITTING PAPERWORK IN, WHICH MEANS THEY HAVE TO PLA WHICH MEANS THEY HAVE TO HAVE A ADDRESS.

AN ADDRESS, RIGHT.

SO THAT'LL BE A GOOD ITEM FOR FUTURE AGENDA ITEMS LATER IF YOU WOULD LIKE TO BRING THAT UP.

AND THEN LASTLY, DUE TO THOSE HOLIDAYS UPCOMING IN DECEMBER, UM, THE SECOND BOARD MEETING IN DECEMBER FALLS ON CHRISTMAS DAY.

UH, SO CITY HALL WILL BE CLOSED THAT DAY, SO WE'LL NOT HAVE A MEETING.

BUT I WOULD UH, ALSO LIKE TO PUT A BUG IN THE EAR FOR Y'ALL THAT WE MAY NEED A SECOND MEETING IN DECEMBER, UM, TO BE SCHEDULED PROBABLY AT THE 11TH.

ON THE 11TH, UM, JUST TO ACCOMMODATE ANY DECISIONS THAT NEED TO BE MADE REGARDING THE MASTER DEVELOPMENT OF THE COTTONWOOD PROPERTIES SO THAT THAT CAN GET BUTTONED UP PRIOR TO THE END OF THE YEAR.

AND THAT CONCLUDES MY REPORT, Y'ALL.

THANK YOU CHENEY.

APPRECIATE IT.

UM, GETTING INTO THE AGENDA ITEMS, AGENDA ITEMS SIX ONE TO DISCUSS AND CONSIDER APPROVAL FOR THE OCTOBER MONTHLY FINANCIAL REPORTS.

DID EVERYBODY GET A CHANCE TO REVIEW THE, UH, FINANCIALS FOR OCTOBER? YES.

MM-HMM, .

AND WE DO HAVE CHRISTINA HERE.

DO WE HAVE ANY QUESTIONS FOR CHRISTINA? I CAN INVENT SOME COMMENTS, BUT, UM, IF YOU HAVE ANY QUESTIONS, I'M HAPPY TO ANSWER THOSE.

I THINK IT WAS PRETTY STRAIGHTFORWARD.

MM-HMM.

FROM WHAT I SAW, LIMITED CHECKS GOING OUT.

THERE WASN'T THAT MUCH LOOKING AT THE EXPENSES, NOTHING SHOCKED ME, BUT THAT WAS JUST MY OWN OPINION.

ANYBODY ELSE? IT CAME HERE.

I MEAN, ONCE YOU, THE SITUATION WITH THE CHECKS, WHAT DID YOU SAY? SIX? YEAH, I, I WASTED A GOOD 16 CHECKS TRYING TO GET THEM TO PRINT CORRECTLY TODAY.

SO I'M GONNA GET WITH ONCE,

[00:10:01]

ONCE I TROUBLESHOOT WITH IT, I'LL GET WITH TWO OF THE SIGNERS AND UH, MAKE SURE THOSE GET SIGNED AND GET OUT.

UM, AND I DO HAVE ONE QUESTION, UM, FOR THE GROUP OR THE COUNCIL.

UM, SO BACK WHEN WE MADE THE MOTION TO OPEN AN ACCOUNT WITH WELLS FARGO, I DON'T KNOW IF WE EVER MADE A MOTION TO CLOSE THE BANK OR CLOSE THE CADENCE BANK ACCOUNT.

I DON'T KNOW IF A MOTION IS NECESSARY.

UM, IT'S WHERE WE DID.

OKAY.

I LOOKED AT THE MINUTES AND IT WAS JUST VERY BRIEF, OPEN AN ACCOUNT AT WELLS FARGO.

SO, UM, OR IF THIS CAN JUST BE HANDLED ADMINISTRATIVELY.

I DON'T THINK WE, YEAH, WE DIDN'T MAKE A MOTION TO CLOSE IT REALLY.

WE'RE SO FOCUSED ON OPENING AN ACCOUNT.

YEAH.

OKAY.

WE'VE MIGRATED EVERYTHING OVER ALL VENDORS.

EVERYTHING IS DONE.

WE'RE NOT AT THAT BANK ACCOUNT.

LIKE, I MEAN, HAVE YOU ALREADY CLOSED IT OR IS IT NO, I HAVEN'T CLOSED IT.

UM, THERE'S STILL CASH SITTING IN THERE.

UM, BUT HOW MUCH, YOU KNOW, I HOW MUCH? UH, MAYBE 30,000 AND I'LL GET THAT MOVED OVER TO WELLS FARGO AND I THINK ALL OUTSTANDING CHECKS HAVE CLEARED.

UM, SO I DON'T KNOW IF THIS IS SOMETHING YOU JUST WANT ME TO HANDLE ADMINISTRATIVELY, IF AN OFFICIAL MOTION NEEDS TO BE MADE OR COUNSEL, DOES AN OFFICIAL MOTION NEED TO BE MADE? I WOULD PUT ON THE NEXT AGENDA.

AGENDA.

FUTURE.

FUTURE AGENDA.

OKAY.

I'LL KEEP A MINIMAL BALANCE IN THERE JUST TO COVER ANY SURPRISE FEES FOR HAVING AN ACCOUNT OPEN.

SOMETHING LIKE THAT.

SO YOU THINK ALL THE CHECKS HAVE GONE THROUGH SO FAR? YEAH.

FOR THAT, FOR THAT, THAT'S A CADENCE, RIGHT? YEAH.

DO WE HAVE ANY OF THOSE? TRYING WHAT WAS THAT? THERE WAS A GROUP OF, REMEMBER IN 2020 THOSE BIG BUSINESSES THAT WERE SET UP TO REPAY SOME OF DEFAULTED, SOME OF THEM WERE REPAYING.

THAT'S, UH, THE, UM, BCL LOANS? YEAH.

BCL LOANS.

IS THAT WHAT YOU'RE TALKING ABOUT? DID ANY OF THAT COME OUT OF THE CADENCE? NO.

NO.

NONE OF THAT'S GOING THROUGH CADENCE RIGHT NOW.

AND I THOUGHT WE HAD A, DIDN'T WE CREATE A SUBCOMMITTEE? CHENEY AND IT WAS ME AND I THOUGHT IT WAS ME, ME, DON, AND YOU AND DON ABOUT GOING FORWARD FINANCIAL POLICY? HUH? THE FINANCIAL POLICY? YEAH.

I THINK WE NEED TO GET ON THAT.

MM-HMM.

.

SO, OKAY.

SORRY, .

THAT'S OKAY BECAUSE I MEAN, ULTIMATELY I'D LOVE TO, TO MOVE TO LIKE ACH AND NOT WRITE CHECKS.

MM-HMM.

.

AND THAT WAY WE WOULDN'T HAVE HAD THE 16 CHECKS WASTED, RIGHT? YEAH, EXACTLY.

WOULD'VE BEEN ABLE TO AACH H SEVERAL PEOPLE OR JUST PAY ELECTRONICALLY.

MM-HMM.

.

OKAY.

WELL IF THERE'S NO OTHER QUESTIONS, THEN WE WILL MOVE ON TO AGENDA ITEM SIX TWO, DISCUSS AND CONSIDER ACTION TO APPROVE THE MINUTES OF THE CORPORATION'S REGULAR MEETING OF NOVEMBER 13TH, 2023.

AND IT'S SPECIAL, UH, CALLED MEETING ON NOVEMBER 14TH, 2023.

AND, UM, I THINK THERE'S SOMETHING THAT NEEDS TO BE AMENDED.

AND SO THE, UH, NOVEMBER 13TH, UM, I'M GONNA MAKE A MOTION TO AMEND ITEM EIGHT ONE TO SAY MOTION BY VICE CHAIR LUCAS TO APPROVE THE AWARD OF THE CONTRACT TO JORDAN FOSTER CONSTRUCTION AS APPROVED TO FORM BY CORPORATE, UH, LEGAL COUNSEL.

THAT WAS SECONDED BY BOARD MEMBER OWENS PAST SEVEN TO ZERO.

DO I HEAR A SECOND ON THAT CHANGE? SECOND.

GREAT.

MOTION BY CHAIR LUCAS.

UM, SECONDED BY, UH, BOARD MEMBER MINTON.

ANY DISCUSSION? GREAT.

CALL THE VOTE.

SECRETARY CLANCY AYE.

BOARD MEMBER OWENS AYE.

BOARD MEMBER MINTON AYE.

TREASURER COLEMAN.

AYE.

VICE CHAIR LUCAS.

AYE.

THE MOTION PASSES FIVE TO ZERO.

SO NOW DO WE MAKE, MAKE ANOTHER MOTION TO APPROVE THE SIX TWO AS PRESENTED WITH THAT CHANGE? CORRECT.

GREAT CHAIR.

I SO MOVE.

GREAT.

DO I HAVE A MOTION BY BOARD MEMBER MENTON? DO I HAVE A SECOND? SECOND.

SO WE HAVE A MOTION BY BOARD MEMBER MINTON, A SECOND BY BOARD MEMBER OWENS TO, UH, APPROVE THE MINUTES FOR THE REGULAR MEETING WITH THE AMENDMENT OF NOVEMBER 13TH AND ITS SPECIAL CALLED MEETING OF NOVEMBER THE 14TH.

ANY DISCUSSION? CAN WE CALL A VOTE PLEASE? BOARD MEMBER OWENS AYE.

VICE CHAIR LUCAS AYE.

SECRETARY CLANCY AYE.

BOARD MEMBER MINTON AYE.

TREASURER COLEMAN AYE.

MOTION PASSES FIVE ZERO ITEM SIX THREE.

DISCUSS AND CONSIDER ACTION REGARDING RESOLUTION R 2 2 0 2 3 DASH THREE 18 TO APPOINT MATT RECTOR, THE CITY ENGINEER AS THE HU ECONOMIC DEVELOPMENT CORPORATION OWNER REPRESENTATIVE FOR THE SPINE ROAD CONSTRUCTION

[00:15:01]

CONTRACT AND CHAIR, IF I MAY.

YEP.

UH, SO THE, THE SPINE ROAD CONSTRUCTION CONTRACTS REQUIRE, UM, THE, THE HYDRO ECONOMIC DEVELOPMENT CORPORATION TO HAVE A REPRESENTATIVE.

THEY CAN GO OUT AND CHECK THE SITE AND ENSURE PROGRESS AND THEN REPORT BACK TO Y'ALL ON, ON WHETHER OR NOT THE CONTRACT IS BEING COMPLETE.

THE CONSTRUCTION IS BEING COMPLETED AS PER THE TERMS OF THE CONTRACT.

SO THAT IS THE PURPOSE, UM, OF THIS APPOINTMENT.

I'LL SECOND THAT MOTION.

YOU WANNA MAKE IT, I'LL MAKE A MOTION TO APPROVE 6.3 AS PRESENTED.

GREAT.

GOT A MOTION BY, UH, TREASURER COLEMAN.

DO I HAVE A SECOND? I'LL SECOND.

MOTION BY, UH, TREASURER COLEMAN.

SECONDED BY SECRETARY CLANCY.

ANY DISCUSSION ON THIS ITEM? IS THERE ANY CONFLICT OF INTEREST WITH HIM BEING OUR REPRESENTATIVE AND ALSO BEING THE GUY WHO DESIGNED THE ROAD? HE'S HE'S NOT, HE'S NOT.

OKAY.

IT WAS KAY FRIES.

OH, IS IT? OKAY.

YEAH.

GREAT.

RE ONE THAT SIGNED IT.

AND I GUESS THE OTHER QUESTION IS, IS THERE A COST TO THAT OR IS IT JUST BEING, JUST THE BENEFIT WORKING ON CITY.

OKAY.

YEAH, IT'S JUST ASSIGNING HIM AGAIN, TO REITERATE COUNSEL'S COMMENT, UH, HE IS MORE THAN QUALIFIED RIGHT.

TO GO OUT.

I TOTALLY AGREE.

NO PROBLEM WITH SAY OTHER STAFF.

IF YOU WANT US TO MAKE A MOTION FOR YOU, GO AND CHECK IT OUT.

IT'S NOT MUSCLES OR NERVE.

IT MIGHT DEAL WITH IT BE TRAINING YOU'D HAVE TO TAKE PRIOR TO DOING SO, BUT, UM, I, I COULDN'T THINK OF A BETTER PERSON TO HELP US.

I AGREE.

DURING THIS PROCESS.

SO AGREE.

YEAH.

ANY OTHER DISCUSSION? CALL VOTE PLEASE.

SECRETARY CLANCY.

AYE.

VICE CHAIR LUCAS AYE.

BOARD MEMBER OWENS AYE.

TREASURER COLEMAN.

AYE.

BOARD MEMBER MINTON AYE.

THE MOTION PASSES FIVE TO ZERO.

THE BOARD DO I READ THE TIME? THE TIME IS NOW 6 47.

THE BOARD WILL NOW RECESS THE OPEN MEETING AND, AND RECONVENE INTO EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE 5 5 1 0.071 ATTORNEY CONSULTATION 5 5 1 0.087 ECONOMIC DEVELOPMENT AND 5 5 1 0.07.

TWO REAL PROPERTY TO DELIBERATE AND SEEK LEGAL ADVICE REGARDING RETAIL AND AND RESTAURANT INCENTIVES.

SPINE ROAD, UH, CONSTRUCTION PROJECT, THE MEGASITE PROJECT, PROJECT SKYBOX PROJECT, SQL PROJECT, TITAN PROJECT STRAT THREE PROJECT FLEX PROJECT FAY PROJECT CHICAGO, THE COTTONWOOD PROPERTIES PROJECT CG TWO.

AND THE VALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVE.

THE TIME IS NOW 6 48.

OKAY, WE'RE LIVE, THE TIME IS NOW 7 45 AND WE HAVE EXITED EXECUTIVE SESSION.

UH, NO ACTION WAS TAKEN DURING THE EXECUTIVE SE.

UH, ITEM EIGHT ONE, DISCUSS AND CONSIDER ACTION.

NO ACTION WAS TAKEN IN EXECUTIVE SESSION.

UH, THE CORRECT THING WOULD BE THERE, THERE IS NO ACTION TO BE TAKEN REGARDING EXECUTIVE SESSION.

NO ACTION TO BE RE TAKEN, TAKEN, TAKEN, TAKEN REGARDING EXECUTIVE SESSION.

OKAY, GREAT.

SO THAT LEAVES US TO ITEM NINE.

FUTURE AGENDA ITEMS I'D LIKE TO MAKE A MOTION TO, I DON'T THINK WE NEED A MOTION ON THIS.

DO WE NEED A MOTION SO YOU CAN DISCUSS? OKAY.

UM, WHAT YOU WANT TO SEE ON FUTURE AGENDA ITEMS. I'D LIKE TO DISCUSS DIRECT STAFF.

FOR INSTANCE, I'D LIKE TO DIRECT STAFF TO DISCUSS A FUTURE AGENDA ITEM REGARDING OUR PUBLIC RELATIONS AND COMMUNICATIONS REGARDING EDC RELATED MATTERS.

BUSINESS BUSINESS PRIOR TO BEING PUBLISHED.

I HAVE A FEW, UM, THAT I'D LIKE TO MAKE, UH, ON OUR NEXT AGENDA.

ONE IS TO, UH, CLOSE OR LOOK AT CLOSING THE OLD BANK ACCOUNT AT CADENCE.

THAT WASN'T SOMETHING WE DIS WELL, IT WAS SOMETHING WE DISCUSSED EARLIER, BUT IT WASN'T SOMETHING THAT, UM, THAT WE'D PUT IN PLACE.

SO, UH, WHY DON'T WE LOOK AT DOING THAT.

MM-HMM.

.

UM, I GUESS THE OTHER ONE IS, IS POSSIBLE NAMES FOR THE SPINE ROAD.

MM-HMM.

.

LET'S PUT THAT ON A FUTURE AGENDA ITEM AS WELL AS, UM, THE CHAMBER IS GONNA HAVE THEIR EVENT IN JANUARY.

WE'RE ONLY MEETING ONCE IN DECEMBER, SO IT COULD BE LIKE, I DON'T WANNA LIKE RUN A CHECK OVER TO THE OFFICE THAT DAY SINCE.

UM, SO AT LEAST HAVE THE DISCUSSION OF, OF ARE WE GONNA PARTICIPATE? UM, WHAT IS, AND MAYBE WE CAN JUST ALLOT AN AMOUNT FOR A TABLE OR SOMETHING LIKE THAT.

WE HAVE PARTICIPATED IN THE PAST, SO, UM, IF YOU'LL PUT THAT ON THERE.

THOSE ARE MY THREE.

OKAY.

[00:20:01]

ANY OTHER FUTURE AGENDA ITEMS? I THINK THAT PUTS US WITH NO FUTURE BUSINESS TO DISCUSS.

WE ARE ADJOURNED AT 7 47.