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[(EDC) Board Meeting/(CDC) Board Meeting]
ALL RIGHT.I CALL THIS REGULARLY SCHEDULED.
HOW DO ECONOMIC DENT INCORPORATION TYPE A AND TYPE B BOARD OF DIRECTOR MEETING IN ORDER? UH, ROLL CALL PLEASE.
PRESENT BOARD MEMBER OWENS HERE.
WE DO HAVE QUORUM ONTO THE PLEDGE, OUR PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH STANDS? ONE NATION UNDER GOD.
I PLEDGE ALLEGIANCE TO THE TEXAS ONE NATION UNDER, UNDER GOD, ONE AND INVISIBLE.
DO WE HAVE ANYBODY SIGNED UP FOR A PUBLIC COMMENT? NO, SIR.
STAFF WILL PROVIDE UPDATES ON CRITICAL PROJECTS INCLUDING MEGA SITES, FIND ROAD CONSTRUCTION PROJECT, COTTONWOOD PROPERTIES, MASTER PLANNING, CITY STAFFING, UPDATES, AND E ECONOMIC DEVELOP DEPARTMENT SALES TAX TRAINING, WINSON COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP EVENT RECAPS, UPCOMING EVENTS AND DEADLINES AND BUDGET PREPARATION AND IMPLEMENTATION.
UH, SO MEGASITE UPDATES, THE PROJECTS ARE CONTINUING.
THE LAND THAT WE HAVE UNDER CONTRACT, UH, THEY ARE CONTINUING THEIR DUE DILIGENCE PHASES ON SCHEDULE.
UH, WE STILL HAVE JUST OVER A HUNDRED ACRES OF INDUSTRIAL LAND AVAILABLE OUT THERE AND CONTINUE TO RESPOND TO INQUIRIES, UH, FOR DEVELOPMENT OPPORTUNITIES OUT THERE.
SPINE ROAD CONSTRUCTION HAS SLOWED, UH, WHILE WE ARE WORKING THROUGH THE FINAL REDESIGN OF THE DRAINAGE COMPONENT.
UH, BUT WHAT CAN BE DONE IS GETTING DONE AS WE AWAIT THAT FINAL DESIGN COMPONENT.
UM, ADDITIONALLY THE FIRE ACCESS ROAD, WHICH IS ALSO A REQUIREMENT, UH, FOR THOSE DEVELOPMENTS OUT THERE IN ORDER, IN ORDER TO OBTAIN THEIR CERTIFICATES OF OCCUPANCY THAT WILL BE KICKING OFF CONSTRUCTION HERE IN THE COMING TWO WEEKS.
UM, SO WE'RE EXCITED ABOUT THAT AND WE'LL PROVIDE MORE UPDATES, UH, AS AVAILABLE.
AND THAT IS BEING DONE IN-HOUSE.
THAT ROAD WAS DESIGNED BY CITY ENGINEER AND WILL BE CONSTRUCTED BY THE PUBLIC WORKS TEAM, SO THEY'RE EXCITED ABOUT THAT PROJECT.
UH, COTTONWOOD PROPERTIES, UH, HAD AN UPDATE CALL WITH MIDWAY LAST WEEK AND PROVIDED SOME FEEDBACK ON THEIR INITIAL CONCEPT PLAN AND PHASING.
UM, JUST SOME FEEDBACK BASED ON WHAT THE BOARD HAD PREVIOUSLY, UM, PROVIDED AND THEN ALSO INCLUDED FEEDBACK COMING OUT OF THAT JOINT MEETING WITH COUNCIL, UM, REGARDING THE VARIOUS USES THAT NEED TO BE CONSIDERED.
SO THEY WILL BE PUTTING TOGETHER SOME VARIOUS SCENARIOS FOR THE BOARD AND PRESENTING THAT TO Y'ALL AT YOUR AUGUST MEETING.
WE WILL ALSO BE SURE AND COMMUNICATE THAT PRESENTATION, UM, TO COUNCIL AND THE PUBLIC.
WE KNOW THAT THIS IS A REALLY IMPORTANT PROJECT TO THE COMMUNITY, SO WE WANNA MAKE SURE WE'RE BEING CLEAR ABOUT WHEN THEY HAVE OPPORTUNITIES TO COME HERE, THOSE UPDATES.
SO WHEN WE'RE TALKING ABOUT SCENARIOS, DOES THAT MEAN LIKE SCENARIOS FOR MASTER PLAN DEVELOPMENT? YES.
YEAH, THEY'RE GONNA BRING THE FULL 250 ACRE CONCEPT PLAN WITH SOME DIFFERENT SCENARIOS.
LIKE IF WE INCLUDE ALL OF THE ASKS FROM THE CITY THAT WE KNOW OF AT THIS POINT, HERE'S WHERE WE WOULD PROPOSE THAT THEY GO AND WHY.
UH, HERE'S WHAT WE WOULD PROPOSE FROM A MASTER DEVELOPMENT STANDPOINT, FROM OUR EXPERIENCE.
MAYBE IT WON'T INCLUDE ALL THOSE USES, AND THEY WOULD BE ABLE TO TALK THROUGH WHY.
AND THEN THEY'LL ALSO PRESENT A PHASING PLAN AS WELL AS LIKE, PHASE ONE, HERE'S WHAT WE'RE FOCUSED ON AND WHY, AND HERE'S THE USE TYPE USES THAT WE WOULD WANNA PUT IN THERE AND WHY.
WE'LL GET SOME DIFFERENT DIFFERENT LOOKS AT IT.
SO THE ORGANIZATIONAL REORG WAS COMPLETE AS OF MONDAY, JULY ONE.
SO THAT MEANS THAT THE ECONOMIC DEVELOPMENT TEAM IS NOW A, A DEPARTMENT OF FIVE.
UH, THAT INCLUDES MYSELF AS THE DIRECTOR, OUR BUSINESS RESOURCES SPECIALIST, A MARKETING ANALYST, A SPONSORSHIPS AND STAKEHOLDER RELATIONSHIPS, MAN COORDINATOR, EXCUSE ME.
SO WE HAVE SOME ADMIN SUPPORT.
SO JUST WANTED TO LET Y'ALL KNOW THAT THAT HAS BEEN FULLY IMPLEMENTED, UH, AS OF LAST MONDAY.
ALSO WANTED TO LET YOU KNOW THAT KRISHNA, OUR BUSINESS RESOURCE SPECIALIST, HAS GIVEN HER NOTICE SHE'S RETURNING TO HIGHER ED.
SHE HAS DISCOVERED THROUGH HER TIME HERE THAT HER HEART LIES WITH HIGHER ED, AND SO SHE WANTS TO GET BACK TO THAT.
SO, UH, WE'LL BE POSTING THAT POSITION AGAIN SHORTLY.
SO IF YOU HAVE ANY REFERRALS, BE SURE AND SEND THEM TO THE HU OTX WEBSITES TO TAKE A LOOK AT THAT POSTING.
I WILL DEFINITELY RELAY THAT FEEDBACK.
I'M JUST CURIOUS, WHERE IS SHE RETURNING? UH, SHE HASN'T DECIDED YET.
SHE'S BEEN, SHE'S BEEN INTERVIEWING IN A FEW DIFFERENT PLACES AND IT WAS GETTING TO THE POINT WHERE SHE FELT LIKE SHE COULD PUT IN HER NOTICE AND BE ABLE TO MAKE THAT TRANSITION.
SO I WOULD EXPECT HER TO, TO SHARE THAT BEFORE HER FINAL DAY, I THINK.
UH, SALES TAX TRAINING, THANK YOU TO THOSE OF YOU THAT ATTENDED THE TRAINING, UH, FOR THOSE OF YOU THAT WEREN'T ABLE TO ATTEND, THE NEXT OPPORTUNITY WILL BE THE IN-PERSON SESSION IN AUSTIN.
IT IS A FULL DAY, IT'S TYPICALLY ON A FRIDAY.
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APPROVAL, THERE SHOULD BE FUNDS AVAILABLE TO SEND A FEW PEOPLE TO THAT AT LEAST.SO, UM, WE'LL REVISIT THAT LATER.
BUT PUTTING THAT ON THE RADAR, UH, AND I WILL SAY THE IN-PERSON ALL DAY TRAINING IS, UM, VERY ROBUST, VERY DETAILED, BUT DEFINITELY PREFERRED VERSUS THE ONLINE.
I THINK YOU'LL GET A LOT MORE OUT OF IT AND HAVING THE ONE DAY JUST TO GET IT ALL DONE, UM, SEEMS TO BE A REALLY EFFICIENT WAY RATHER THAN, I KNOW ONLINE HAS BEEN DISCUSSED AS WELL, BUT, UM, DEFINITELY WANNA GET, ESPECIALLY OUR OFFICERS THROUGH THAT SALES TAX TRAINING IF, IF POSSIBLE.
SO IN JUNE WE HOSTED A DELEGATION PUT TOGETHER, UH, BY THE SOUTH KOREAN US EMBASSY.
UH, IT WAS A TWO DAY EVENT AND WE GOT TO SHOW THEM AROUND WILLIAMSON COUNTY AND ENGAGE WITH A VARIETY OF STAKEHOLDER GROUPS, PRIMARILY FOCUSED ON WORKFORCE AND JOB TRAINING.
UM, AND THEN WE ALSO HAD AN OPPORTUNITY TO MEET ONE-ON-ONE WITH FIVE COMPANIES THAT WERE IN ATTENDANCE, UH, THAT WERE LOOKING TO DEVELOP HERE IN CENTRAL TEXAS.
AND SO THAT WAS A REALLY GREAT EVENT.
UH, THIS WAS KIND OF A COMPLIMENT SIDE TRIP TO SELECT USA.
ALL THESE FOLKS WERE PLANNING TO GO TO THERE THAT FOLLOWING WEEKEND.
AND UM, THE US EMBASSY HAD PUT TOGETHER THIS SORT OF SIDECAR TRIP TO COME TO WILLIAMSON COUNTY.
AND STAFF IS CURRENTLY FOLLOWING UP ON THOSE OPPORTUNITIES AND SO HOPEFULLY WE'LL HAVE MORE OF THAT TO SHARE AS THINGS DEVELOP FURTHER.
WHO WERE THE OTHER PARTNERSHIPS THAT SHOWED UP FOR THAT MEETING? SO ARE YOU TALKING ABOUT THE OTHER CITIES THAT ARE PART OF THE LOCAL DP? YEAH.
LIKE ELSE WAS THERE IN ATTENDANCE? YEAH, SO IT'S ALL THE MAJOR, I SAY MAJOR CITIES LIKE WE'RE SOME METROPOLIS, BUT
SO IT'S MADE UP OF LIBERTY HILL, LEANDER, CEDAR PARK, ROUND ROCK, HU TAYLOR, GERALD, GEORGETOWN.
I THINK THAT'S EVERYBODY THAT'S AT CEDAR PARKS.
YEAH, I THINK THAT'S EVERYBODY.
AND IT WAS OPPOSED TO EDC MEMBERS? YEAH, SO IT'S TYPICALLY, UH, THE BOARD IS MADE UP OF, UM, THE ECONOMIC, TYPICALLY THE ECONOMIC DEVELOPMENT DIRECTOR FOR EACH CITY, OR THAT'S RIGHT.
EDC AND THEN DEPENDING ON YOUR MEMBERSHIP LEVEL, YOU CAN HAVE AN ADDITIONAL MEMBER OF THE BOARD.
SO THIS WEDNESDAY THERE IS A FILMING FOR THE EVO IMPACT VIDEO.
UH, SO JUST A REMINDER, FOR THOSE OF YOU THAT HAVE SIGNED UP, PLEASE MAKE SURE THAT YOU ARE THERE ON TIME.
EVERYONE'S GONNA BE SET UP AND READY TO GO.
SO WE'RE EXCITED TO, UM, FILM THAT AND THEN SEE THE FINAL PRODUCT PROBABLY WITHIN THE NEXT COUPLE OF WEEKS.
WHAT TIME FLIES? I THEY HAVE A, YEAH, WE'RE GONNA GET REMINDERS ON THAT.
MAYBE LIKE, DO WE REPORT TO CHAMBER, RIGHT? YEAH, IT'S HERE AT OKAY.
I'M NOT AWARE OF WHAT COMMUNICATION WAS OR WASN'T SENT OUT, SO IF, DO Y'ALL NEED CONFIRMATION? OKAY.
WHAT TIME IS IT AT? UH, I'M NOT SURE.
YOU GUYS SIGNED UP FOR DIFFERENT TIMES.
SO YEAH, SO DAVID AMSLER SENT OUT AN EMAIL.
AND THEN YOU HAD EITHER THE 10TH OR THE 12TH, AND THEN KATIE IS DOING THE VIDEO.
SHE'S THE ONE THAT KIND OF SENDS YOU THE CALENDAR INVITE.
I DON'T KNOW HOW LONG THEY, I THINK THEY JUST SAID BLOCK OUT A HALF HOUR.
YEAH, I CAN HAVE THEM RESEND THAT COMMUNICATION OUT AND SEE IF ANYONE ELSE WAS ABLE TO, BECAUSE I THOUGHT I VERBALLY COMMITTED, BUT I DIDN'T GET, I DIDN'T GET ANY OF THAT STUFF.
SO I KNOW THAT I VERBALLY COMMITTED THAT I WOULD BE PART OF IT IF THEY NEEDED ME, SO.
I'LL RESEND THAT AND THEN I'LL PROBABLY, UH, JUST BECAUSE OF THE TIMELY NATURE OF IT, I'LL JUST SHOOT, SHOOT YOU, SHOOT YOU ALL A TEXT MESSAGE REAL QUICK ONCE I KNOW IT'S BEEN SENT OUT SO YOU CAN CHECK YOUR EMAIL FOR THOSE DETAILS.
THEN ALSO WILLIAMSON COUNTY EDPS SECOND ANNUAL CHAMPIONS LUNCHEON WILL BE AUGUST 15TH.
THAT INVITATION WAS FORWARDED TO YOU EARLIER TODAY.
WITH THOSE DETAILS, FEEL FREE TO RSVP.
UH, JUST LET ME KNOW IF YOU'RE PLANNING TO COME THAT WAY.
IF LEGAL MAKES US POST A NOTICE OF WALKING QUORUM, I'M GETTING A HEAD SHAKE, SO YES.
YEAH, WELL, YOU KNOW, YEAH, I KNOW YOU ATTENDED LAST YEAR, RIGHT? YEAH.
IF YOU CAN JUST KEEP ME POSTED ON THAT.
UM, THEN ALSO FOR AWARENESS, UM, THE CIP BUDGET WORKSHOP IS THIS SATURDAY AT 9:00 AM I BELIEVE THAT'S HERE AT CITY HALL.
UH, JUST WANNA BRING THAT TO YOUR ATTENTION BECAUSE CIP PROJECTS SIGNIFICANTLY IMPACT A VARIETY OF ECONOMIC DEVELOPMENT INITIATIVES, AS WELL AS THE DEVELOPMENT OF THE TWO PROPERTIES THAT ARE CURRENTLY OWNED BY THE CORPORATION.
SO STRONGLY ENCOURAGE YOU TO ATTEND OR AT LEAST REVIEW THE PROJECTS BEING CONSIDERED SO THAT YOU'RE AWARE.
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MAY BE A NEED FOR A SPECIAL CALLED BOARD MEETING PRIOR TO OUR NEXT REGULAR MEETING IN AUGUST.UH, THAT WOULD BE TO APPROVE THE DRAINAGE REDESIGN AND ASSOCIATED FUNDING FOR THE SPINE ROAD PROJECT TO SEE IT THROUGH COMPLETION.
SO JUST WANTED TO PUT THAT ON THE RADAR ONCE AGAIN.
AND THAT CONCLUDES MY COMMENTS.
UM, DO WE, ARE WE STILL EXPECTED TO HIT THE, I THINK IT WAS SEPTEMBER DATE FOR SUBSTANTIAL COMPLETION FOR THE SPINE ROAD? NO.
IS THAT GONNA IMPACT ANY OF THE CONTRACTS WE HAVE CURRENTLY OUT THERE? WE CAN DISCUSS THAT IN EXECUTIVE SESSION.
ALRIGHT, ITEM, UH, AND THANK YOU CHANEY.
ITEM SIX ONE, DISCUSS, CONSIDER ACTION REGARDING RESOLUTION R 20 24 1 3 1 TO AMEND THE CURRENT FUNDING AND REFUNDING AGREEMENT BETWEEN THE CORPORATION AND THE CITY OF HUDA FOR THE EAST WEST FINAL CONSTRUCTION PROJECT TO STRIKE THE REFUNDING PROVISION FROM THE AGREEMENT.
MR. CHAIR, I DID WANNA POINT OUT, UM, THERE WERE SOME ERRORS NOTED IN THE DOCUMENTS PROVIDED, SO I DID UPDATE THE DATES AND THE CITY SECRETARY NAME ON THOSE.
SO THEY ARE CURRENT AND CORRECT THE VERSIONS THAT I HAVE FOR ACTUAL SIGNATURE TONIGHT.
AND JUST TO REMIND THE BOARD THIS, THESE ARE THE, THIS IS AN ACTION ITEM THAT CAME OUT OF THE MEETING WITH CITY COUNCIL.
HEY STEVEN, CAN YOU MOVE YOUR MIC CLOSER TO YOU? JUST THANK YOU.
JUST TO REMIND, JUST TO REFRESH THE BOARD'S, UH, MEMORY, THIS IS ONE OF THE ACTION ITEMS THAT CAME OUT OF THE, UH, JOINT MEETING WITH THE CITY COUNCIL.
SO SINCE THE WEEKEND HAPPENED, I DON'T REMEMBER WHAT ALL I INCLUDED IN MY EMAIL TO Y'ALL, UH, ABOUT THIS MEETING, BUT JUST FOR ADDITIONAL CONTEXT AND FOR PUBLIC INFORMATION, UM, THE OUTCOME OF THE JOINT SPECIAL CALLED MEETING WITH CITY COUNCIL WAS THAT ALL CURRENT DEBTS BASICALLY BE ABSOLVED.
SO WE DON'T OWE THEM THE 6 MILLION FOR THE COTTONWOOD PROPERTIES AND WE DON'T OWE THEM ANY REPAYMENT FOR THE SPINE ROAD CONSTRUCTION PROJECT.
SO THAT'S WHAT THE TWO ITEMS ARE FOR YOUR CONSIDERATION TONIGHT IS TO UPDATE THOSE BECAUSE THERE WERE EXISTING FUNDING AND REFUNDING AGREEMENTS IN PLACE, WE HAVE TO AMEND THOSE SO THAT THAT REFUNDING COMPONENT IS NO LONGER ENFORCEABLE.
SO IT JUST STRIKES THAT FROM THE, THE AGREEMENT ESSENTIALLY.
AND IF THE, IF THE BOARD PLEASES THE MOTION WOULD BE TO, UH, APPROVE OF THE RESOLUTION.
INSERT RESOLUTION NUMBER AS PRESENTED.
ALRIGHT, WE HAVE A MOTION BY VICE CHAIR LUCAS, SECONDED BY SECRETARY CLANCY, UH, TO APPROVE AS PRESENTED.
DISCUSS AND CONSIDER ACTION REGARDING RESOLUTION R 20 24 1 3 2 TO AMEND THE CURRENT FUNDING AND REFUNDING AGREEMENT TO THE CORPORATION AND THE CITY OF HU FOR THE CORPORATION'S ACQUISITION OF THE COTTONWOOD PROPERTIES.
TO STRIKE THE REFUNDING PROVISION FROM THE AGREEMENT.
I'LL MAKE A MOTION TO APPROVE, UM, OUR 2024 DASH 1 32, UM, TO AMEND THE CURRENT FUNDING AND REFUNDING AGREEMENT BETWEEN THE CORPORATION AND THE CITY OF HUDU.
WE HAVE A MOTION BY VICE CHAIR LUCAS, SECONDED BY SECRETARY CLANCY.
DISCUSS AND CONSIDER ACTION TO APPOINT OFFICERS OF THE BOARD FOR THE TERM ENDING JUNE 30TH, 2225.
UM, SO THIS ITEM IS SOMETHING THAT WE HAVE TO DO ANNUALLY.
UH, AND SO, UM, HOW WE WANNA HANDLE THAT IS AKAY BY ME, BUT WE'VE GOTTA AT LEAST HAVE SOMETHING OUT THERE EVERY YEAR.
I JUST WANNA REMIND THE BOARD THAT, UH, CITY COUNCIL MEMBERS ON THE BOARD CANNOT SERVE AS OFFICERS.
I'LL MAKE THE MOTION TO KEEP THE CURRENT, UM, UH, APPOINTED OFFICERS.
UM, DO I NEED TO LIST THEM OUT? HOLD FOR I'M LIST 'EM OUT THEN I, YES.
LIST THEM OUT BECAUSE THAT'S GONNA BE ON THE MINUTES.
I WOULD, I WOULD RECOMMEND I WOULD MAKE A MOTION TO KEEP THE CURRENT OFFICERS AS IS MEANING CHAIR DON
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CARLSON, UH, VICE CHAIR SEAN LUCAS, SECRETARY CLANCY, AND, UM, UH, COLE.AND THIS CAN BE CHANGED AT ANY TIME, RIGHT? LIKE, WE DON'T, WE HAVE TO DO IT NOW, BUT THREE, FOUR MONTHS DOWN THE ROAD WE CAN CORRECT.
OH, THERE ARE NO, UH, GIVE BACKS BY THE WAY.
YOU'RE IN IT FOR ANOTHER YEAR.
A MADE SURE THERE WAS A GIVE BACK.
ALRIGHT, UM, ITEM SIX FOUR, DISCUSS, CONSIDER ACTION TO APPROVE THE CORPORATION MINUTES FROM THEIR MEETING ON JUNE 17TH, 2024.
AND A SPECIAL CALLED JOINT MEETING WITH THE CITY OR WITH THE IDAHO CITY COUNCIL ON JUNE 20TH, 2024.
YOU ACCEPT THE MINUTES AS WRITTEN.
WE HAVE A MOTION BY BOARD MEMBER MINTON, SECONDED BY VICE CHAIR LUCAS, UH, APPROVING AS PRESENTED.
ROLL CALL BOARD MEMBER MINTON AYE.
SEVEN OH ITEM SEVEN, EXECUTIVE SESSION.
THE BOARD WILL NOW RECESS THE OPEN MEETING AND RECONVENE EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE SECTION 5 5 1 0 7 1 ATTORNEY CONSULTATION 5 5 1 0 8 7 ECONOMIC DEVELOPMENT AND 5 5 1 0 7 2 REAL PROPERTY DELIBERATE AND SEEK LEGAL ADVICE REGARDING WORKFORCE INCENTIVES.
UH, EXPANSION INCENTIVES INCLUDING PROJECT JPD PROJECT SEVEN, PYRO CONSTRUCTION PROJECT, MEGASITE PROJECT, PROJECT TITAN, THE FARM LEASE AT THE MEGASITE, THE PLANNING DEVELOPMENT OF THE COTTONWOOD PROPERTIES AND THE EVALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVES.
ALRIGHT, THE TIME IS 8 55 WHEN WE RETURN FROM EXECUTIVE SESSION.
UM, ITEM EIGHT ONE, THERE IS NO ACTION DURING EXECUTIVE SESSION.
UM, SO WITH THAT WE'LL TAKE THAT TO, UH, ITEM NINE.
FUTURE AGENDA ITEMS. CHAIR, IF I MAY, UH, JUST WANTED TO REITERATE THAT THERE WAS A LIST MADE.
I LEARNED A NEW FUNCTION IN TEAMS, VERY EXCITING, BUT, UH, KRISHNA TOOK A STAB AT COMPILING ALL OF THE REQUESTED FUTURE AGENDA ITEMS AS WELL AS ALL THE MEETINGS WHERE THERE WERE NO ITEMS JUST FOR AN ABUNDANCE OF CLARITY.
SO ANY FEEDBACK ON THAT FROM THE BOARD IS WELCOME.
SO WE'RE HAPPY TO KIND OF EVOLVE THAT AS WE GO TO MEET THE NEEDS AND EXPECTATIONS OF THE BOARD.
AND ON THAT, I'M GUESSING THERE'S A DEVELOPMENT OF INCENTIVE PROGRAMS. I BELIEVE THAT DID MAKE IT ON THERE.
ALRIGHT, SO WITH NO OTHER ITEMS ON OUR AGENDA, WE ARE, I'M GETTING A LOOK OF MAYBE NOT, NO, I JUST, I, SINCE I INTERJECTED, I DIDN'T KNOW IF THERE WERE ANY ADDITIONAL FUTURE AGENDA ITEMS FROM THE BOARD, SO.
UM, WITH THAT, NO OTHER ITEMS ON OUR AGENDA.
THE TIME IS 8 56 AND WE ARE ADJOURNED.