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YOU.THE TIME IS NOW SIX THIRTY NINE
[(EDC) Board Meeting/(CDC) Board Meeting on January 13, 2025. ]
AND I CALL THIS HU ECONOMIC DEVELOPMENT CORPORATION, TYPE A AND TYPE B BOARD OF DIRECTORS MEETING INTO ORDER.MAY I GET A ROLL CALL, PLEASE? CHAIR CLANCY.
PRESENT BOARD MEMBER MCLAUGHLIN.
PLEASE JOIN ME IN THE PLEDGE OF ALLEGIANCE PLEDGE ALL, ALL TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH WHICH IT STANDS ONE NATION UNDER GOD, INDIVIDUAL WITH LIBERTY AND JUSTICE.
FOR HONOR THE TEXAS FLAG, I PLEDGE ALLEGIANCE TO BE TEXAS.
DO WE HAVE ANYONE SIGNED UP FOR PUBLIC COMMENT? NOPE.
UH, ECONOMIC DIRECTORS REPORT STAFF WILL PROVIDE UPDATES ON CRITICAL PROJECTS INCLUDING THE MEGA SITES, SPINE ROAD CONSTRUCTION PROJECT, HIGHWAY CONS, OR HIGHWAY 79, THE COUNTY ROAD 1 32 INTER INTERSECTION PROJECT, WILLIAMSON COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP, INCENTIVE SOFTWARE IMPLEMENTATION EVENT RECAPS AND UPCOMING EVENTS.
UM, SO FAIRLY BRIEF COMMENTS, AT LEAST FROM MY STANDARD, UH, TONIGHT.
JUST WANNA CALL ATTENTION TO A COUPLE THINGS.
THE HIGHWAY 79 AND CR 1 32 INTERSECTION PROJECT.
UM, WE DID HAVE TWO MEETINGS LAST WEEK.
ONE WITH UPRR AND ONE WITH TXDOT THAT ALSO INCLUDED CITY ENGINEER GARVER, THE DESIGN ENGINEER FOR THE PROJECT, AS WELL AS MIDWAY AND THEIR CIVIL ENGINEER P DAWSON.
SO ALL THE PEOPLE ARE IN THE ROOM OR ON IN THE VIRTUAL ROOM, HAVING THE CONVERSATION.
SO WE GOT SOME INITIAL FEEDBACK FROM UPR, WHICH WAS PRETTY EXPECTED, SO THAT WAS NICE.
AND THEN SIMILARLY FOR TDOT, NOT A LOT OF SURPRISES THERE.
SO WE'RE GOING BACK AND TWEAKING SOME OF THE THINGS AND SENDING OVER SOME ADDITIONAL INFORMATION TO BOTH OF THOSE ENTITIES FOR ADDITIONAL CONSIDERATION AND TO KIND OF RAISE THAT, UH, FLAG UP THE POLL TO GET SOME ADDITIONAL FEEDBACK FROM SOME OTHER DECISION MAKERS WITHIN THOSE ORGANIZATIONS.
SO I'LL CONTINUE TO KEEP THE BOARD UPDATED.
I KNOW THAT'S A CRITICAL PROJECT FOR THE COTTONWOOD PROPERTIES, SO I'M TRYING TO KEEP THAT ON THE RADAR EVERY MONTH TO GIVE YOU GUYS AN UPDATE SO THAT YOU KNOW THAT IT IS PROGRESSING.
UM, THEN I THINK MOST PERTINENT, UH, SOME UPCOMING EVENTS.
SO CHEWY'S IS OPENING LATER THIS MONTH.
UM, THEY'RE HAVING A VIP EVENT ON MONDAY THE 20TH.
IT IS RSVP INVITE ONLY, SO I'M FEELING VERY FANCY Y'ALL.
UM, AND THEN THEY ARE SCHEDULED FOR THEIR FULL GRAND OPENING, I BELIEVE ON THE 31ST.
JACK ALLEN'S KITCHEN SHOULD BE OPENING IN FEBRUARY.
SO I WILL, IF IT'S PRIOR TO THE NEXT MEETING, I WILL LET Y'ALL KNOW WHEN THAT'S HAPPENING.
BUT OTHERWISE, I'LL GIVE YOU THAT UPDATE AT THE NEXT MEETING.
UM, THEN ALSO THE CHAMBER GALA IS COMING UP, UH, ON FEBRUARY 1ST.
THAT'S FROM FIVE TO 10, I BELIEVE.
UH, AT KALAHARI AGAIN THIS YEAR.
UM, THE CORPORATION DID PURCHASE A TABLE, SO THAT IS A TABLE OF 10.
UM, TYPICALLY WE'VE TRIED TO KEEP IT TO THREE BOARD MEMBERS AND THEIR SIGNIFICANT OTHERS OR PLUS ONES FOR THE EVENING JUST TO AVOID QUORUM.
HOWEVER, IT IS A SOCIAL EVENT AND SO WE WOULD JUST PROBABLY NEED TO POST NOTICE OF POSSIBLE QUORUM AND, AND WE WOULD BE COVERED IF, IF MORE MEMBERS OF THE BOARD WANTED TO ATTEND LEGAL COUNSEL.
SO, OKAY,
UH, IF ANYONE IS AVAILABLE AND WANTING TO ATTEND, LET ME KNOW AND I WILL CREATE THAT RSVP FOR YOU.
CHANGE, UH, FEBRUARY 1ST, SATURDAY.
DOES ANYBODY KNOW RIGHT NOW? I WON'T.
AND I'LL SIT AT THE ISD TABLE, SO THAT'S JUST FREE UP.
I HAVE A SEAT AT ANOTHER TABLE ALSO.
SO WE ALSO HAVE A CITY SLASH CITY COUNCIL TABLE.
SO BOARD MEMBER THOMPSON, YOU GET TO PICK WHERE YOU WANNA SIT.
WELL, YOU SHOULD DEFINITELY GO.
YOU SHOULD DEFINITELY GO BOARD MEMBER GONZALEZ.
WHAT WAS THE THEME AGAIN? DISCO.
PUT ME DOWN 10 AND I'LL, I'LL VERIFY PLEASE.
DOES STACEY NEED TO CHECK HER? YES.
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SOCIAL CALENDAR.I GOTTA CHECK MY, MY BOSS'S CALENDAR.
AND IS THERE ANY DIRECTION FROM THE BOARD REGARDING ANY AVAILABILITY AT THE EDCS TABLE? SHOULD WE NOT FILL ALL 10 TICKETS? UM, HAPPY TO INVITE SMALL BUSINESS OWNERS.
IT IS A CHAMBER EVENT, SO HAVING THAT BUSINESS PRESENCE WOULD BE GREAT.
UM, PERHAPS SOME OF THE BUSINESSES THAT THIS CORPORATION HAS SUPPORTED SUCH AS HAPPY PANINI OR HUDA WINE BAR WOULD BE APPROPRIATE.
YEAH, THAT SOUNDS LIKE A GOOD IDEA.
ARE THE PEOPLE FROM CHEWY'S AND JACK ALLENS COMING TO, I DO NOT KNOW.
I DIDN'T SEE THE FULL INVITE LIST.
WELL, AND I KNOW JACK ALLENS IS LIKE A PROSPER SPONSOR OF THE CHAMBER, SO I WOULD ASSUME THAT THEY WOULD BE THERE.
THEY WERE AT THE TEQUILA, UH, FESTIVAL THAT THEY HAD EARLIER IN THE SUMMER.
I WOULD SUSPECT THAT THEY WOULD BE THERE.
BUT IF WE WERE TALKING ABOUT RETENTION, THAT WOULD CERTAINLY BE ONE TO GIVE THEM.
RECOGNITION CAN ADD THAT TO OUR FUTURE SLIDES OF THINGS THAT WE'VE DONE FOR SUPPORTING OUR SMALL BUSINESSES.
UM, THEN ONE OTHER ITEM, UH, UNDER THE UPDATES THAT I WOULD WANT TO BRING UP IS, UM, WE HAVE BEEN IN COMMUNICATION, REGULAR COMMUNICATION WITH MIDWAY.
SO I HAVE WEEKLY CALLS AND UPDATES WITH THEM.
SO THERE'S AN MOU UPDATE THAT WAS PUT IN THE, UM, MEETING DOCUMENTS FOR THIS EVENING AS WELL.
IT WAS A LATE AD, BUT, UH, IT IS IN THERE NONETHELESS.
SO I'M HAPPY TO TO DISCUSS THAT IN MORE DETAIL IF YOU HAVE QUESTIONS.
BUT, UH, OUT OF THAT, THEY ARE WORKING ON A DRAFT OF A DEVELOPMENT AGREEMENT.
UM, WE HAVE TIME THIS FRIDAY WITH MYSELF AND REPRESENTATIVES FROM MIDWAY, ASHLEY BAILEY, OUR DIRECTOR OF DEVELOPMENT SERVICES, AND SARAH CERVANTES, OUR DIRECTOR OF REAL ESTATE SERVICES, WHO HANDLES ALL OF THE DAS FOR THE CITY.
UM, JUST TO PROVIDE SOME ADDITIONAL CLARITY AND SET SOME EXPECTATIONS SO THAT MIDWAY'S ABLE TO INCORPORATE THOSE THINGS INTO THE DA AND KIND OF SAVE US ON THE, THE BACKEND.
UM, ALSO JUST TO GET THEM FAMILIAR WITH OUR PROCESSES, UM, AS THEY PURSUE A PUD, WHICH WE EXPECTED AS WELL.
UM, SO THAT BEING SAID, AS THAT DEVELOPMENT AGREEMENT MOVES FORWARD, IT WOULD BE REALLY HELPFUL IF THERE WERE A SUBCOMMITTEE OF THIS BOARD THAT COULD, UM, ADVISE AND HELP GUIDE THOSE CONVERSATIONS, UM, PRIOR TO THAT AGREEMENT COMING FORWARD.
THAT WAY IT HELPS MITIGATE SOME OF THE BACK AND FORTH, UM, FOR THAT.
SO I KNOW CHAIR HAS THE, THE PURVIEW TO CREATE A SUBCOMMITTEE AT ANY TIME.
WOULD ANYBODY LIKE ON THIS BOARD LIKE TO VOLUNTEER TO BE ON THE SUBCOMMITTEE? I'LL DO IT.
AND THEN WHAT IS THE ASK? SORRY, WHO WAS THAT? I HAD MY KELLY HEAD DOWN.
IS IT TWO, THREE IS FINE? YEAH.
GONZALES, I'LL THROW MY NAME IN THE HAT, BUT I WON'T FIGHT ANYBODY FOR IT.
AND I, IT'S OUTSIDE OF EVENING HOURS, I'M SURE IT'LL BE SOME DAYTIME, RIGHT? CORRECT.
I WOULD LIKE TO BE ON THAT BOARD AS WELL AS LIKE TENTATIVELY IF THAT'S OKAY.
AND IF YOU'RE ABLE TO DO IT, I'LL YIELD NO, THAT'S FINE.
OTHERWISE IT CONSTITUTES A MEETING.
THEN I'LL STAND, I'LL STAND OFF.
I HAVE A LOT OF OTHER OUTSIDE ENGAGEMENTS THERE.
UM, THEN I THINK JUST FOR AWARENESS, WE WOULD PROBABLY KEEP THOSE THREE STAFF MEMBERS THAT I MENTIONED THAT ARE MEETING THIS FRIDAY.
UM, IS THERE ANY OTHER MEMBER OF STAFF OR ANOTHER DEPARTMENT THAT THIS CORPORATION WOULD LIKE INCLUDED IN THAT SUBCOMMITTEE? BECAUSE OF THE, I'M SORRY, DID YOU MENTION, SORRY, DID YOU MENTION THAT, UM, ENGINEERING WAS IN PART, IN A PART OF THAT AS WELL? NO, NOT AT THIS TIME.
YEAH, I THINK THAT MIGHT BE A, IS THAT WHAT YOU WERE GONNA SAY, HENRY? YEAH.
BECAUSE YEAH, I THINK THAT MIGHT BE A REALLY IMPORTANT 'CAUSE OF THE WASTEWATER, RIGHT? AND ALSO STORM WATER.
PART OF THAT IS IN FLOOD PLAIN.
UM, AND THEN WE HAVE A, AN AGENDA ITEM ON TONIGHT TO DISCUSS THE, UH, INCENTIVE APPLICATION FORM.
SO I WILL PAUSE ON, UH, THAT UNTIL THAT TIME.
SO THAT CONCLUDES MY COMMENTS TONIGHT, GUYS.
ANY QUESTIONS OR COMMENTS FOR CHENEY? UM, I HAVE
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A QUICK ONE.JUST, UM, THE WILLIAMSON COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP, UH, IS MENTIONED ON THE DIRECTOR'S REPORT IN THE AGENDA.
SO I WAS JUST WONDERING IF, DID I, DID I SLEEP DURING THAT OR NO, I WAS JUST BEING SELECTIVE ABOUT THE UPDATES THAT WERE RELEVANT.
UM, THEY'RE STILL PLANNING FOR THEIR TRIP TO SOUTH KOREA IN FEBRUARY.
UM, AND THAT'S REALLY KIND OF WHERE THEIR EFFORTS IS.
WE'RE HOSTING THEIR MEETING THIS, UH, NEXT FRI NO, THIS FRIDAY.
THEY'LL BE HERE AT JUDO CITY HALL FOR THEIR BOARD MEETING, SO.
AGENDA ITEMS 6.1, DISCUSS AND CONSIDER ACTION TO APPROVE THE CORPORATION'S MINUTES FROM THEIR MEETING ON DECEMBER 9TH, 2024.
I MOVE, WE ACCEPT THE MINUTES FROM THE DECEMBER MEETING.
UM, SO I HAVE A MOTION BY VICE CHAIR MATT MITTEN AND SECONDED BY SECRETARY TERRANCE OWENS.
ANY OTHER DISCUSSION ON THIS ITEM? UM, CAN YOU PLEASE CALL VOTE SECRETARY OWENS AYE.
DISCUSS AND CONSIDER ACTION TO APPROVE THE, UH, CORPORATION'S MONTHLY FINANCIAL REPORT FOR DECEMBER, 2024.
I DIDN'T REALIZE THAT THING WAS FLIPPED.
IS IT NOT PLUGGED IN? IT'S NOT PLUGGED IN.
I'LL JUST TALK LOUDLY OR NOPE, BECAUSE WE'RE BEING RECORDED, SO.
UM, SO I SENT OUT YOUR DECEMBER FINANCIALS YESTERDAY EVENING.
UM, I KNOW IT WAS A LITTLE BIT OF SHORT NOTICE, BUT HOPEFULLY A FEW OF YOU GOT TO REVIEW.
IN GENERAL, UH, YOUR EXPENSES ARE TRACKING WELL, YOUR SALES TAXES ARE TRACKING WELL, UH, YOU'RE AT EXACTLY 25% THROUGH THREE MONTHS, UH, OF YOUR BUDGET, WHICH IS PERFECT.
THE ONLY REVENUES THAT ARE REALLY FALLING SHORT RIGHT NOW ARE INTEREST INCOME AND OTHER REVENUES.
BUT THOSE ARE DIRECT, WERE DIRECTLY BUDGETED AS, UM, WITH THE ANTICIPATION OF LAND SALES.
SO WHEN THOSE OCCUR, THOSE WILL START TO TRACK A LITTLE BIT, UH, UH, MORE NORMALLY.
UM, THE ONLY OTHER THING I WANTED TO NOTE WAS, UM, YOUR FINANCIALS LOOK LIKE YOU HAVE A $655,000 DEFICIT RIGHT NOW.
THAT'S ONLY BECAUSE THERE IS ONE OUTSTANDING REIMBURSEMENT FROM THE CITY FOR YOUR LAST JORDAN FOSTER CHECK, WHICH WAS OVER A MILLION DOLLARS.
SO ONCE YOU RECEIVE THAT, YOU'LL BE, UM, YOU'RE AT A SURPLUS OF OVER A MILLION DOLLARS THEN.
SO YOU'RE, UH, I THINK THAT'S ALL I REALLY HAVE FOR THIS MONTH.
UH, IF YOU HAVE ANY QUESTIONS, I'M HAPPY TO ANSWER.
WHEN I LOOKED AT IT YESTERDAY.
OH, THE, THE, UH, CHECK REVERSAL FOR RED TRUCKING.
SO THAT WAS A POSITIVE PAY ISSUE IN THE CHECK STACK TONIGHT.
UH, SO THE CHECK GOT RETURNED BY OUR BANK 'CAUSE IT MISREAD THE POSITIVE PAY.
SO WE ARE, WE'RE REISSUING THAT CHECK TONIGHT.
IT'S IN THE, UH, STACK WITH, UH, THE, THE SIGNERS.
SO WE DIDN'T LIKE, NOT DECIDE TO LIKE NOT PAY.
I JUST WANNA CHECK THAT, THAT WAS IT.
I'LL MAKE A MOTION TO ACCEPT THE FINANCIALS.
AS, SO I HAVE A FIRST, IS THERE A SECOND? AND I'LL SECOND.
I HAVE A MOTION BY BOARD MEMBER KELLY MCLAUGHLIN AND SECONDED BY TREASURER HENRY GIDEON.
ANY OTHER DISCUSSION ON THIS ITEM? CAN YOU PLEASE CALL A VOTE BOARD MEMBER GONZALEZ AYE.
DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 2025 DASH 0 2 6 REGARDING THE ASSIGNMENT OF TEMPORARY CONSTRUCTION EASEMENT TO THE CITY OF HUDA FOR INFRASTRUCTURE AND INSTALLATION OF UTILITIES ON THE CORPORATE OR CORPORATION OWNED COTTONWOOD
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PROPERTIES.YES, THIS ITEM, UH, IS A COMPANION TO THE ITEM THAT Y'ALL APPROVED LAST MEETING FOR THE PERMANENT CONSTRUCTION EASEMENTS ON THE COTTONWOOD PROPERTIES FOR THIS SAME PURPOSE.
THE TEMPORARY CONSTRUCTION EASEMENTS WERE NOT INCLUDED IN THAT, SO WE ARE, UM, SEEKING THAT ASSIGNMENT THIS EVENING.
MADAM CHAIR, I'LL MOVE TO APPROVE THE RESOLUTION.
R DASH 2 0 2 5 DASH OH TWO SIX.
I HAVE A MOTION BY TREASURER HENRY GIDEON AND SECONDED BY VICE CHAIR MATT MITTEN.
ANY OTHER DISCUSSION ON THIS ITEM? UH, CAN YOU PLEASE CALL A VOTE BOARD MEMBER THOMPSON AYE.
DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 2025 DASH 0 2 7 TO APPROVE A RIGHT OF ENTRY TO GRANT ACCESS TO THE CORPORATION OWNED COTTONWOOD PROPERTIES FOR THE PURPOSE OF THE DUE DILIGENCE ACTIVITIES AND PROPERTY ACCESS NEEDED TO CONSTRUCT WASTEWATER INFRASTRUCTURE.
UH, THIS IS ALSO A COMPANION ITEM.
IT'S JUST THE OFFICIAL RIGHT OF ENTRY SHOULD THEY NEED TO ACCESS THE PROPERTY NOT ALREADY INCLUDED IN THE PERMANENT OR TEMPORARY CONSTRUCTION EASEMENTS FOR A SURVEY, LET'S SAY, UM, OR SOMETHING OF THAT NATURE JUST TO GIVE THEM PERMISSION TO BE ON SITE FOR THIS PARTICULAR PROJECT.
WILL THAT INCLUDE GEOTECHNICAL? I DON'T KNOW IF GEOTECH IS STILL NEEDED.
IS THERE, UM, LIKE A LAYOUT AND CALCULATED AMOUNT OF ACREAGE? ACREAGE THIS IS USING AND EVERYTHING? NOT FOR RIGHT OF ENTRY.
IT WOULD GIVE RIGHT OF ENTRY TO THE WHOLE PROPERTY FOR THE EASEMENTS AND TEMPORARY EASEMENTS.
THERE WERE SURVEYS DONE AND THOSE, UH, THOSE SPECIFICS ARE INCLUDED IN THE DOCUMENTS.
OUTSIDE OF THE BUILDABLE LAND THAT WE WANT TO DEVELOP.
SO HAS THE GEOTECHNICAL COMPANY BEEN SELECTED? I DON'T KNOW THIS IS BEING APPROVED BECAUSE THERE'S A, A PRIVATE DEVELOPER THAT IS WANTING TO PURSUE AND MOVE FORWARD WITH THE WASTEWATER LINE.
SO IT'S NOT OUR PROJECT, SO I CAN'T SPEAK TO THAT.
DO YOU WANNA SAY ANYTHING THAT DEVELOPER DOES HAVE REPRESENTATION HERE THIS EVENING THOUGH? DO YOU WANNA COME OVER HERE? YEAH.
I DIDN'T REALIZE THAT THING WASN'T PLUGGED IN.
IF YOU CAN JUST STATE YOUR NAME AND TITLE FOR THE SURE.
I'M A LAND DEVELOPMENT MANAGER WITH NAR SO WE'RE CONSTRUCTING THIS 21 INCH WASTEWATER LINE.
UM, AND FOR THE GEOTECHNICAL QUESTION, IT'S GONNA BE LIKELY TERADYNE, THERE'S A LOT OF GROUNDWATER IN THIS AREA, SO HAVE TO DO SOME SUBSURFACE INVESTIGATIONS.
ANY OTHER QUESTIONS? ANY OTHER QUESTIONS FOR HER? MM-HMM.
MADAM CHAIR, I ALL FOR A MOTION SAY, BECAUSE WE'VE USED TERRA BEFORE IN, UH, AS FOR RESOLUTION R DASH 2 0 2 5 DASH OH TWO SEVEN TO APPROVE RIGHT OF ENTRY TO GRANT ACCESS TO THE CORPORATION OWNED COTTONWOOD PROPERTIES FOR THE PURPOSES OF DUE DILIGENCE STUDIES, I'LL SECOND THE MOTION.
I HAVE A FIRST BY TREASURER, GIDEON OR HENRY GIDEON AND SECONDED BY BOARD MEMBER KELLY MCLAUGHLIN.
ANY OTHER, UM, DISCUSSION ON THIS ITEM? CAN YOU PLEASE CALL VOTE G TREASURER? GIDEON AYE.
MOVING RIGHT ALONG 6.5, DISCUSS AND CONSIDER ACTION TO RATIFY THE CHANGES TO RESOLUTION R DASH 2024 DASH THREE 19 AND THE CORRESPONDING SECOND AMENDMENT TO THE OPTION AGREEMENT FOR PROJECT SQL.
THIS ITEM IS, UH, BACK TO Y'ALL.
THE DOCUMENT THAT WAS APPROVED HAD THE INCORRECT DATES REFLECTED IN THE DOCUMENT, THE RESOLUTION WAS CORRECT.
AND THE, THE DATES THAT Y'ALL APPROVED IN YOUR MOTION WERE CORRECT, BUT THEY WERE NOT REFLECTED PROPERLY IN THE DOCUMENT.
CHAIR, UH, INITIALED THOSE, BUT THIS IS JUST TO RATIFY THOSE CHANGES AND ACKNOWLEDGE THAT BY THE BOARD.
DO WE NEED TO READ THOSE DATES INTO THE MINUTES? I THINK WE CAN JUST SAY APPROVE, UM, AS STATED ON 6.5 BECAUSE THEY AMENDED THEM.
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YEAH.THEY SHOULD BE REFLECTED IN THE, THE AMENDMENT DOCUMENT ITSELF.
SO YOU SHOULD BE COVERED THERE.
WE ACCEPT, UH, AND RATIFY TO CHANGE TO RESOLUTION R DASH 2024 DASH THREE 19 AND THE SECOND AMENDMENT TO THE OPTION AGREEMENT.
I HAVE A VERSE BY A FIRST BY VICE CHAIR A DO I HAVE A SECOND? I'LL SECOND IT.
SO I HAVE A MOTION BY VICE CHAIR MATT MITTEN AND SECONDED BY BOARD MEMBER KELLY MCLAUGHLIN.
ANY OTHER DISCUSSION ON THIS ITEM? NO.
CAN I, UH, CAN YOU CALL A VOTE PLEASE? BOARD MEMBER MCLAUGHLIN AYE.
DISCUSS AND CONSIDER ACTION REGARDING THE CREATION OF A SUBCOMMITTEE TO SUPPORT THE CREATION OF THE DEVELOPMENT AGREEMENT WITH MIDWAY FOR PLANNING AND DEVELOPMENT OF THE COTTONWOOD PROPERTIES.
DID THIS IN THE
SO, UH, COUNSEL, WOULD YOU LIKE FORMAL ACTION ON THIS I AGENDA ITEM OR WHAT WOULD BE PREFERABLE? IT IS THE CHAIR'S PREROGATIVE TO OKAY.
CREATE SUBCOMMITTEES TO JUST, I DON'T THINK THAT MOTION IS NECESSARY.
JUST FOR, UM, REITERATION, UM, WE DID APPOINT, UM, BOARD MEMBER KELLY MCLAUGHLIN, BOARD MEMBER IRMA GONZALEZ AND TREASURER HENRY GIDEON TO BE, TO SIT ON THE SUBCOMMITTEE FOR THE DEVELOPMENT AGREEMENT WITH MIDWAY.
6.7, DISCUSS AND CONSIDER ACTION REGARDING THE DRAFT INCENTIVE APPLICATION FORM.
UM, SO I DID SEND OUT THE DRAFT FORM OF THE APPLICATION.
UH, AS A REMINDER, THIS WILL NOT BE A PAPER APPLICATION.
THIS WILL BE HOUSED ON OUR INCENTIVE MANAGEMENT SOFTWARE CALLED CIVIC SERVE.
UH, IT IS OF THE CIVIC, UH, UMBRELLA OF, UM, MUNICIPAL SOFTWARES THAT THE CITY ALREADY USES.
SO, UM, THAT'S A, A NEW COMPONENT FOR US AT THE CITY AND ALSO FOR THE CORPORATION.
BUT, SO YOU'LL NOTICE IN THE FORM THERE'S NOT LIKE A WHOLE BUNCH OF LINES FOR ANSWERS AND THINGS LIKE THAT AND THERE'S NOT A SIGNATURE BLOCK THAT WAS INTENTIONAL BECAUSE THERE WON'T BE ONE.
UM, SO WHAT I'M ASKING FOR AT THIS POINT IS JUST ANY FEEDBACK ON THE QUESTIONS THAT ARE ASKED IN THERE.
IS THERE ANY INFORMATION THAT THIS CORPORATION WOULD WANT TO KNOW THAT IS MISSING? UM, ANYTHING ABOUT THE FORMATTING, THE FLOW OF, OF QUESTIONS AND INFORMATION IF YOU'D LIKE THAT REARRANGED.
UH, AND THEN I HAVE SOME HIGHLIGHTED SEGMENTS, UH, THAT SPECIFICALLY CALL OUT THE CRITERIA IN PARTICULAR.
SO, UM, SIMILAR TO THE APPLICATION THAT WE JUST DID WITH THET THREE BOARD, UM, WE'VE, WELL I ALSO FEEL, BUT I COMMUNICATED TO THAT BOARD AS WELL.
IT'S IMPORTANT FOR PROJECTS TO UNDERSTAND THOSE APPLICANTS, TO UNDERSTAND WHAT THEIR PROJECT IS GOING TO BE EVALUATED ON.
UH, I THINK IT JUST HELPS WITH TRANSPARENCY AND THEN ALSO THEY UNDERSTAND WHY WE'RE ASKING FOR THE THINGS THAT WE'RE ASKING FOR.
UM, SO IF THERE'S ANYTHING IN THAT CRITERIA LIST THAT COULD USE A LITTLE TIGHTENING UP OR AGAIN, IF THERE'S ANYTHING MISSING, LET'S ADD IT.
IF THERE'S THINGS THAT YOU DON'T THINK ARE, ARE NECESSARY, WE CAN DELETE THOSE.
UM, ONE OTHER THING I WILL POINT OUT IS THAT BECAUSE THIS WILL BE AN ONLINE FORM, SHOULD THEY SELECT A YES TO CERTAIN THINGS? IT WILL AUTO DEFAULT TO OTHERS.
SO IT'LL BE, IT, IT'S GOT THAT INTUITIVE OR SMART CLICK OR WHATEVER THEY CALL IT TO WHERE IF YOU SAY YES TO THIS, THEN YOU AUTOMATICALLY GO TO OTHER QUESTIONS.
IF YOU SAY NO, IT SKIPS THINGS.
THAT WAY THEY'RE NOT HAVING TO WASTE TIME ON STUFF THAT ISN'T RELEVANT, UM, TO THEIR PROJECT.
SO IT IS THAT SORT OF SMART APPLICATION.
SO WE'LL HAVE THOSE, THOSE SET ON THERE.
SO NOT EVERY SINGLE QUESTION ON HERE IS GONNA BE FOR EVERY APPLICANT.
IT JUST DEPENDS ON THE TYPE OF PROJECT THAT THEY'RE, UM, DEVELOPING.
WAS THIS SAVED UNDER DRAFT INCENTIVE APPLICATION FORM? YES.
'CAUSE UM, MY FOLDER IS EMPTY FOR SOME REASON.
OH, ACTUALLY NO, I WOULD'VE, DID I NOT SEND IT? I'M SORRY.
THIS, IT WAS SENT THIS AFTERNOON LATE.
WAS THAT AN EMAIL? YEAH, I MEAN I WOULD, YEAH.
AND I'D LIKE TO ASK THAT JUST SO THAT WE, UH, HAVE MORE TIME TO REVIEW IT JUST BASED ON THE STRATEGIC PLANNING STUFF THAT WE'VE BEEN TALKING ABOUT.
IF THERE'S ANYTHING WE NEED TO ADD OR MAYBE EVEN CHENEY IF WE APPROVE IT SO THAT YOU GUYS CAN MOVE FORWARD WITH DEVELOPMENT FOR THE WEBSITE.
UH, IT WOULD, IS IT GONNA BE LIKE A HUGE DEAL IF WE WANNA MAKE CHANGES WHERE IT'S GONNA COST US ALL THIS MONEY TO CHANGE IT ON THE
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WEBSITE? OR IS IT SOMETHING WE CAN CHANGE? UM, MY PREFERENCE IS THAT IT BE IN FINAL FORM BEFORE WE LAUNCH IT ON THE WEBSITE.WHAT I WOULD, UM, TRY TO AVOID IS IF WE PUT SOMETHING OUT THERE AND THEN PEOPLE APPLY AND THEN THAT'S NOT THE FINAL FORM AND THEN WE'RE CHANGING IT.
I THINK THAT THE REQUEST IS THAT WE GET SOMETHING THAT IS MORE, UM, CONSISTENT AND SO I THINK WE'D BE SHOOTING OURSELVES IN THE FOOT ON THAT ONE IF WE PUT SOMETHING OUT THERE AND THEN, THEN REDID IT.
UM, BUT JUST IF THERE'S ANY QUESTIONS INITIALLY OR ANY OTHER FEEDBACK THAT WE CAN INCORPORATE INTO THE NEXT DRAFT.
PROBABLY NOT LIVE ON THE WEBSITE, BUT ARE WE ABLE TO SEE KIND OF A, A, I DON'T KNOW, A BACKGROUND WORK AND PROCESS? I WOULD HAVE TO SCHEDULE THAT WITH THE ADMINISTRATOR FOR THE SOFTWARE.
THEY DON'T HAVE THE CAPABILITY OF HAVING LIKE A, A DUMMY SITE WITHOUT GIVING EVERYBODY A LOGIN.
WE MAY NEED SOME SCREENSHOTS THEN.
UH, YEAH, BECAUSE YOU WANTED US TO LOOK AT THE FLOW.
UM, WELL, AND JUST IT'S SIX PAGES SO HA GETTING IT, YOU KNOW, LATE THIS AFTERNOON AND THEN US HAVING OUR FOUR O'CLOCK.
I MEAN, I WOULD JUST WOULD WANNA HAVE SOME OPPORTUNITY TO REVIEW IT A LITTLE BIT BEFORE I AGREE.
MAYBE IN OUR WORKSHOP AND THEN HAVE IT AS A LINE ITEM FOR THE FIVE O'CLOCK.
DO YOU, DO YOU NEED THIS BACK? I MEAN, IS IS THAT GONNA REALLY HOLD YOU UP IF WE WAIT MONTH TO IMPROVE IT? OH, THIS IS ALL ABOUT WHAT Y'ALL WANNA DO.
I WILL SAY THAT THIS IS GONNA BE A COLLABORATIVE PROJECT WITH CITY COUNCIL BECAUSE WE ARE TRYING TO GET A SINGLE THREE 80 APPLICATION.
THAT WAY IT'S NOT CONFUSING TO AN APPLICANT THAT MAY BE PURSUING SALES TAX REIMBURSEMENT, WHICH IS A SHARED INCENTIVE BETWEEN THE CITY AND THE CORPORATION.
WE REALLY WANT IT TO BE A SINGLE APPLICATION.
SO WE WILL PROBABLY TAKE IT FORWARD FOR COUNCIL'S FEEDBACK AS WELL.
SO JUST KNOW THAT THOSE FEEDBACK LOOPS ARE GONNA BE, UH, OCCURRING IN TANDEM.
SO COUNCIL HASN'T, HASN'T PROVIDED FEEDBACK ON THIS FORM YET? NO.
SO THEN IF WE GET IT BACK AFTER THEY, THEY HAVE IT, 'CAUSE THEY'LL HAVE IT BEFORE, WE'LL HAVE IT FOR THE NEXT MEETING, OUR NEXT MEETING, THEN MAYBE WE CAN HAVE SOMETHING TO YES.
'CAUSE I'M TRYING TO THINK THROUGH THE SCHEDULE AND THE CUTOFFS, BUT YEAH.
IS THAT SOMETHING THAT'S FINE.
WE WANT, DO WE WANT THEM TO HAVE FEEDBACK ON THIS BEFORE WE DO? I DON'T KNOW IF THAT'S, THAT'S NECESSARILY THE BEST.
I MEAN, I DON'T KNOW IF IT MAKES ANY DIFFERENCE 'CAUSE THEY'RE GONNA HAVE TO APPROVE IT BEFORE IT GOES ANYWHERE ANYWAY.
SO IF THEY DO IT FIRST DOCUMENT RIGHT.
BUT THEY'RE STILL GONNA HAVE TO APPROVE IT.
BUT I HAVEN'T EVEN HAD ANY TIME TO REVIEW IT.
MY, SO MY, MY SUGGESTION WOULD BE DON'T GIVE IT TO ANYBODY UNTIL WE'VE HAD A CHANCE TO REVIEW IT AND MAKE COMMENTS.
AND THEN ONCE OUR PIECE IS DONE, THEN CITY COUNCIL CAN HAVE THEIR SAY.
THAT I, I FEEL LIKE THERE'S AN OPPORTUNITY THAT THERE'S NOTHING COUNCIL HAS NOT DIRECTED THAT I BRING THIS TO THEM AT ANY SPECIFIC TIME.
SO THEY'RE NOT WAITING ON US TO DO NO, NO.
SO FOR EXAMPLE, IF Y'ALL WANTED TO REVIEW IT AT YOUR FEBRUARY MEETING, THEN THERE WOULD STILL BE OPPORTUNITY TO TAKE IT TO COUNCIL IN FEBRUARY AS WELL.
SO WE HAVE TIME TO TURN THAT AROUND IF WE NEED TO IN THE SAME MONTH.
SO AT LEAST WE HAVE TIME THEN TO READ IT AND GIVE, GIVE FEEDBACK TO YOU PRIOR TO THE YEAH, YEAH, YEAH.
THERE IS ONE COMPONENT THAT I, UM, WOULD JUST REQUEST SOME FEEDBACK.
SO, UM, IT IS THE FINAL SECTION THERE.
SO THE FINAL PAGE THAT TALKS ABOUT THE INCENTIVE PROGRAM DETAILS FOR CHAPTER THREE 80.
UM, I HAVE SOME PROPOSED TARGET INDUSTRIES AS WELL AS LIKE FOR WORKFORCE RELATED OR CAPITAL INVESTMENT RELATED INCENTIVES.
AND THEN I HAVE SOME PROPOSED RESTAURANT AND RETAIL SPECIFICS AS WELL AS QUALITY OF LIFE AND ENTERTAINMENT.
SO THESE ARE JUST BASED ON, UM, FEEDBACK FROM THE COMMUNITY, PRIMARILY FROM SOCIAL MEDIA AND JUST WHEN I'M OUT IN THE COMMUNITY IN MY CAPACITY AS THE DIRECTOR, UM, WHAT PEOPLE APPROACH ME ABOUT.
SO THESE DO GET PRETTY SPECIFIC.
UM, SOME OF THESE ALSO COME FROM A LEAKAGE REPORT AND VOID ANALYSIS THAT WE USE THROUGH PLACER AI.
AND WHAT THOSE SHOW US, A LEAKAGE REPORT SHOWS US, HEY, OF ALL THE HUD RESIDENTS, THEY'RE LEAVING HU HUDU TO GO SHOP FOR THESE THINGS.
THEY'RE GOING TO THESE AREAS, THEY'RE GOING HERE TO EAT, UM, THEY'RE GOING HERE TO FOR ENTERTAINMENT, THINGS LIKE THAT.
SO WE'RE ABLE TO LEVERAGE THAT INFORMATION TO HELP IDENTIFY THE THINGS THAT OUR COMMUNITY WOULD MOST BENEFIT FROM, UM, HAVING IN CLOSE PROXIMITY.
AND THEN SIMILARLY, WE'RE ABLE TO LOOK AT SPECIFIC SHOPPING CENTERS INSIDE OF HUDU AND SEE WHAT SPECIFIC COMPANIES TYPICALLY CO-LOCATE IN THOSE DEVELOPMENTS WITH A SIMILAR MIX OF TENANTS WHO AREN'T ALREADY IN THERE.
AND SO WE CAN GET VERY SPECIFIC ON THOSE TENANTS AND BRANDS.
UH, BUT I FEEL LIKE THAT WOULD PROBABLY BE A BETTER CONVERSATION FOR EXECUTIVE SESSION IF WE'RE GONNA TALK ABOUT WHO WE'RE GOING AFTER FOR POTENTIAL INCENTIVES.
BUT JUST KNOW THAT THAT INFORMATION IS AVAILABLE AND THAT DID DRIVE SOME OF THIS, UH, PROPOSED, UM, AREAS
[00:30:01]
OF FOCUS.I WOULD DEFINITELY LIKE TO HAVE THAT CONVERSATION IN EXECUTIVE SESSION.
VICE CHAIR, DID YOU WANNA PULL THIS INTO EXEC TO TALK ABOUT THE INCENTIVE PROGRAM NOW OR ARE YOU TALKING ABOUT NEXT MEETING WHEN IT COMES BACK FOR FEEDBACK? NEXT MEETING.
WHEN IT COMES BACK FOR FEEDBACK.
LET'S, LET'S GET IT, LET'S GIVE US A CHANCE TO DIGEST THIS AND THEN WE CAN TALK ABOUT SPECIFICS AT THE NEXT MEETING.
DOES ANYBODY HAVE ANY OTHER THINGS THEY WOULD LIKE TO DISCUSS OR TALK ABOUT FOR 6.7? WE'LL ADD THAT TO OUR WORKSHOP FOR NEXT MEETING.
6.8, DISCUSS AND CONSIDER ACTION REGARDING AMENDMENTS TO THE CORPORATIONS TYPE A AND TYPE B BYLAWS.
THIS ITEM IS, UH, BROUGHT, IT WAS ONE OF THE FUTURE AGENDA ITEMS FROM A PREVIOUS MEETING.
SO, UM, BYLAWS HAVE BEEN SHARED A FEW TIMES OVER THE LAST COUPLE MONTHS.
UM, FOR YOUR REVIEW, IF THERE'S ANYTHING OUTSTANDING.
I KNOW A COUPLE OF ITEMS THAT HAVE COME UP IN PREVIOUS DISCUSSIONS WITH THE BOARD ABOUT REVISITING BYLAWS.
UM, WE HAD STARTED WORKING ON SOME KIND OF FINANCIAL POLICY FOR THE CORPORATION, UM, SPECIFICALLY AROUND STAFF HAVING A CORPORATE, A BUSINESS CREDIT CARD, UH, TIED TO THE CORPORATION'S ACCOUNT.
UH, STAFF WOULD APPRECIATE THAT BEING CONSIDERED AS WELL.
UH, I'M HAPPY TO PROVIDE A BUNCH OF EXAMPLES OF WHEN THAT WOULD BE REALLY HELPFUL.
UM, AND CREATE SOME EFFICIENCIES ON THE BACKEND WITH FINANCE, ET CETERA.
UM, AND THEN SOMETHING, UH, ADDITIONAL WAS TALKING ABOUT THE INCENTIVES AND THE BUDGET PROCESS AND APPROVALS FOR EXPENDITURES, UM, SPECIFICALLY ON Y'ALL'S LINE ITEM FOR SMALL BUSINESS INCENTIVES.
THAT DOES GET APPROVED IN THE BUDGET PROCESS, THAT FULL AMOUNT.
HOWEVER, THE WAY THAT IT'S STRUCTURED NOW, AND I WILL DEFER TO LEGAL ON WHAT WE'RE ALLOWED TO DO WITHIN THAT LINE ITEM.
BUT, UM, HAVING THAT, THAT FUNDING APPROVED DURING BUDGET CYCLE AND THEN THE REQUEST HAD BEEN WELL, THEN THIS CORPORATION SHOULD BE ABLE TO EXPEND THOSE FUNDS FOR SMALL BUSINESS WITHOUT ADDITIONAL APPROVAL FROM COUNCIL.
SO THOSE WERE THE TWO THINGS THAT I KNEW OF AHEAD OF THIS MEETING THAT HAD BEEN BROUGHT UP, UM, FOR DISCUSSION.
SO IF Y'ALL HAVE OTHER ITEMS OR WOULD LIKE TO, UH, EXPAND UPON THOSE, HAVE AT IT.
I THINK BRIAN BROUGHT UP THE, UM, JUST US MEETING WITH THEM TWICE A YEAR.
I HAD, UM, A SECTION AND I WAS JUST LOOKING AROUND AT OTHER EDCS AND UM, I HAD A SECTION THAT I'D LIKE ADDED FOR DUTIES OF THE BOARD.
IT WOULD BE, THE TITLE WOULD BE DUTIES OF THE BOARD.
AND I CAN SEND THIS TO CHANEY AND YOU CAN SEND THIS TO THE BOARD, BUT IT SAYS THE BOARD SHALL EXPAND EXPEND IN ACCORDANCE WITH STATE LAW IN SUBJECT TO CITY COUNCIL APPROVAL.
THE FUNDS RECEIVED BY IT FOR ALLOWABLE EXPENDITURES.
THE BOARD SHALL MAKE A SEMI-ANNUAL REPORT TO THE CITY COUNCIL, INCLUDING, BUT NOT LIMITED TO THE FOLLOWING.
NUMBER ONE, A REVIEW OF THE ACCOMPLISHMENTS OF THE BOARD IN THE AREA OF ECONOMIC DEVELOPMENT.
AND NUMBER TWO, THE ACTIVITIES OF THE BOARD FOR THE BUDGET YEAR ADDRESSED IN THE ANNUAL FINANCIAL REPORT.
TOGETHER WITH ANY PROPOSED CHANGE IN THE ACTIVITY AS IT MAY RELATE TO ECONOMIC DEVELOPMENT, THE BOARD SHALL BE ACCOUNTABLE TO THE CITY COUNCIL FOR ALL ACTIVITIES UNDERTAKEN BY IT OR ON ITS BEHALF AND SHALL REPORT ON ALL ACTIVITIES OF THE BOARD, WHETHER DISCHARGED DIRECTLY BY THE BOARD OR BY ANY PERSON FIRM, A CORPORATION, AGENCY ASSOCIATION OR OTHER ENTITY ON BEHALF OF THE BOARD.
SO I THOUGHT THAT WOULD GIVE SOME GOOD PARAMETERS TO US MEETING ON A MONTH.
I THINK IT'S WHAT A MONTHLY BASIS WE MEET WITH THE BOARD OR WE MEET WITH CITY COUNCIL.
WE'RE CURRENTLY DOING QUARTERLY.
SO I FELT LIKE THIS WOULD GIVE US A LITTLE BIT MORE STRUCTURE INSTEAD OF JUST GOING TO THE CITY COUNCIL, UNDERSTANDING WHAT THEIR GOALS ARE, WE CAN MEET, UM, SEMI-ANNUALLY REPORT IN, AND THEN THE NEXT MEETING WOULD BE KIND OF GOAL SETTING, BUT IT WOULD BE, YOU KNOW, MORE ON A STRATEGIC BASIS INSTEAD OF JUST A QUARTERLY UPDATE.
UM, IN THE END ALSO, JUST TO MENTION THAT IN SECTION 2.4 THERE IS A, A, AN ITEM THAT JUST SAYS THAT THE, UM, THAT THEY, THEY CAN MEET WITH US.
THEY CAN CALL A MEETING A SPECIAL MEETING AT ANY TIME, SO MM-HMM
IF THERE WAS SOMETHING, YOU KNOW, IF WE WENT TO A BIANNUAL,
[00:35:02]
UM, IT DOESN'T PRECLUDE THEM FROM LIKE JUST CALLING US AND SAYING, HEY, THERE'S A THING GOING ON.SO, SO I'D LIKE TO PROPOSE THAT FOR ADOPTION IN THE BYLAWS.
AND AGAIN, I CAN SEND THIS TO CHENEY SO EVERYONE CAN REVIEW IT.
DOES ANYONE FEEL ANY KIND OF WAY ABOUT HAVING, UM, ABOUT OPENING BOARD MEMBERSHIP UP TO, UM, RESIDENTS OF THE ETJ? I THINK THAT'D BE APPROPRIATE.
I MEAN, WE DO HAVE PURVIEW OVER ETJ AND YOU KNOW, I KNOW THEY CAN'T VOTE IN CITY ELECTIONS.
I KNOW IT SAYS IN OUR BYLAWS THAT WE HAVE, WE, WE CAN MAKE DEALS WITHIN THE ETJ, BUT IT CLEARLY SAYS THAT YOU HAVE TO LIVE WITHIN CITY LIMITS IN ORDER TO SERVE.
UM, I JUST FEEL LIKE IF WE WANT MORE VOLUNTEERS, AND IT'S A GOOD OPPORTUNITY TO SORT OF INVITE PEOPLE WHO LIVE, ESPECIALLY SINCE THERE'S SO MUCH RESIDENTIAL DEVELOPMENT GOING ON IN THAT AREA.
AND A LOT OF THOSE PARENTS GO TO THE SCHOOL DISTRICT.
IT'S JUST, JUST A THOUGHT ON MY PREVIOUS STINT, UH, WE HAD ONE MEMBER THAT WAS IN THE ETJ LIVED IN STAR RANCH, I BELIEVE.
UH, SO I THINK IT'S TOTALLY APPROPRIATE.
AND, AND I THINK THERE WAS A SECOND, UH, FARMER, UH, WHO WAS ON THE COMMITTEE BRIEFLY.
AND OUR BYLAWS STATE THAT YOU HAVE TO LIVE WITH IN THE CITY LIMITS.
SO IF WE ARE GONNA OPEN IT UP TO E TJS I PEOPLE WHO LIVE IN THE ETJ, THEN I THINK IT MIGHT, MAYBE IT'S A GOOD THING TO LOOK AT CHANGING.
UH, I THINK THAT'S A, I KNOW I'M LOOKING AT, IT'S A MATTER OF STATE LAW, UM MM-HMM
TYPE B CORPORATIONS IS RESTRICTED TO RESIDENTS OF THE MUNICIPALITY.
SO IT MAY HAVE
SO TYPE A IS NOT, BUT THE TYPE IS OKAY.
SO WE WOULD HAVE TO HAVE A WHOLE DIFFERENT TYPE A BOARD.
IT WOULD HAVE TYPE B TWO DIFFERENT BOARDS AND PART OF OUR TYPE A BYLAWS MATCH THE TYPE YOU YEAH.
UM, IT'S NOT LEGAL IS IT? I'D LIKE TO PROPOSE THAT WE ADD INTO THE BOOKS AND RECORDS REVIEW OF FINANCIAL STATEMENT.
UM, THE CORPORATION SHALL BE SUBJECT TO THE PUBLIC INFORMATION ACT.
AND THE REASON I SUGGEST THAT IS I THINK THERE'S SOMETIMES A LOT THAT IS MISCONSTRUED IN THE PUBLIC.
AND SO PUTTING IN OUR BYLAWS THAT HEY, YOU CAN SUBMIT A PUBLIC INFORMATION ACT TO SEE IF, YOU KNOW, TO VALIDATE THE INFORMATION THAT'S OUT THERE.
UM, I THINK THAT WOULD BE HELPFUL TO THE BOARD IN FUTURE.
AREN'T WE SUBJECT TO PIAS ALREADY? YES, YOU ARE.
AND UM, SECTION 2.9 UM, SAYS, IT SAYS THAT, YES.
UM, IT'S ALREADY WELL AND IT'S ON OUR OH NO STRATEGIC PLAN TOO, TO BE MORE TRANSPARENT, SO, RIGHT.
I I DON'T SEE ANY PROBLEM WITH ADDING IT TO THE, UH, BOOKS AND RECORDS SECTION AS WELL, BUT IT'S OKAY.
AND THEN THE LAST ONE THAT I HAD WAS UNDER POWERS.
I HAD, UM, I KNOW THAT WE ALREADY DO THIS, BUT THE CORPORATION IS TO CONSIDER REQUESTS AND GRANT FUNDS FOR PROJECTS.
ALL PROPOSALS SHALL BE SUBMITTED TO THE DIRECTOR OF ECONOMIC DEVELOPMENT FOR GENERAL AND FINANCIAL REVIEW PRIOR TO THE CONSIDERATION BY THE BOARD.
IN ADDITION TO THE POWERS CONFERRED BY THESE BYLAWS, THE BOARD MAY EXERCISE ALL POWERS OF THE CORPORATION AND DO ALL LAWFUL ACTS AND THINGS THAT ARE NOT PROHIBITED BY LAW OR THESE BYLAWS INCLUDING, BUT NOT LIMITED TO.
AND THESE WERE JUST A COUPLE OF POINTS THAT I PULLED FROM WHAT WE ARE ALREADY DOING THAT I THOUGHT IT WOULD BE GOOD TO PUT INTO OUR BYLAWS.
SO THAT WAY IF OR WHEN WE MOVE ON, THIS KIND OF CONTINUES ON.
SO NUMBER ONE WOULD BE DEVELOP LONG RANGE GOALS AND PROGRAMS FOR THE CORPORATION.
NUMBER TWO, APPOINT, APPOINT STANDING OR AD HOC COMMITTEES, WHICH MAY INCLUDE CITY STAFF AND OR INDIVIDUALS WHO ARE NOT MEMBERS OF THE BOARD.
NUMBER THREE, DEVELOP POLICIES AND OPERATING PROCEDURES THAT DO NOT CONFLICT WITH THE CITY POLICY.
NUMBER FOUR, UNDERTAKE ACTIONS AND PROJECTS WHICH ARE DETERMINED BY THE BOARD TO LEAD TO CREATION OR RETENTION OF PRIMARY JOBS AND OR PROVIDE SIGNIFICANT CAPITAL INVESTMENT IN WHICH BENEFIT THE COMMUNITY OF HUDU.
AND THEN NUMBER FIVE, THE CORPORATION MAY IN PURSUING ITS PURPOSES AS STATED IN THIS SECTION, ACQUIRE OR LEASE PROPERTY, LAND OR BUILDINGS WITHIN THE CITY OR ETJ, NEGOTIATE MARKET DISCOUNT, LAND AGREEMENTS WITH DEVELOPERS OR LANDOWNERS.
UM, PLAN, DEVELOP, PROVE SELL OR LEASE LAND BUILD OR REHABILITATE BUILDINGS.
PROVIDE FUNDING FOR OR DEVELOP INFRASTRUCTURE, MAKE SECURE OR UNSECURE LOANS OR LOAN GUARANTEES.
PROVIDE DIRECT GRANTS TO BUSINESSES, BORROW FUNDS
[00:40:01]
AND ISSUE BONDS.UM, DEVELOP AND IMPLEMENT FINANCIAL INCENTIVE PROGRAMS TO ATTRACT OR RETAIN BUSINESS MARKET AND PROMOTE THE CITY ANON AMENITIES CONSISTENT WITH THE PURPOSES AND DUTIES AS SET FORTH IN THE BYLAWS.
NOW I KNOW SOME OF THOSE MAY NOT APPLY TO US, BUT I THINK SOME OF THESE WE'RE ALREADY DOING.
SO JUST PUTTING THOSE INTO OUR POWERS IS SOMETHING THAT I THINK WOULD BE A LITTLE BIT MORE EMPOWERING, UM, FOR US AS, AS A BOARD.
SO ARE THOSE ALREADY LOCATED SOMEWHERE IN OUR BYLAWS AND WE JUST NEED TO RESTATE THEM? OR IS THAT FROM, I THINK THERE'S SOME THAT ARE LOCATED UNDER POWERS.
BUT HAVING THEM EITHER BULLET POINTED OR NUMBERED, I THINK WOULD HELP TO KIND OF CLEAR UP WHAT WE DO, WHY WE DO IT, UM, AND, YOU KNOW, REALLY GIVE US A GOOD LENS ON, YOU KNOW, WHERE WE OPERATE.
AND SOME OF THAT'S PROBABLY CAPTURED IN STATE LAW.
I'M JUST KIND OF RESTATING AS FAR AS THE, THE STATUTES REGARDING EDCS.
YES, THAT'S, THAT'S WHAT I WAS HEARING.
BUT I MEAN, IT'S, IT IS NICE FOR PEOPLE WHO ARE NOT MAYBE ON, YOU KNOW, ON THE BOARD WHO DON'T LOOK AT THESE EVERY DAY TO ACTUALLY HAVE IT SORT OF SPELLED OUT.
AND JUST CLEARER TERMS. UM, I MEAN, CURRENTLY IN THE POWER SECTION IT JUST SAYS THE POWERS OF THE CORPORATION SHALL INCLUDE THE AUTHORITY TO CONTRACT AND BE CONTRACTED TO PURCHASE, LEASE, SELL A MORTGAGE REAL ESTATE, AND TO ISSUE OBLIGATIONS FOR OR OTHERWISE FINANCE ALL, OR PART OF THE COST OF ONE OR MORE PROJECTS AS DEFINED BY THE DEVELOPMENT CORPORATION ACT.
BUT IT DOESN'T GO INTO THE, THE LEVEL OF DETAIL.
UM, AND THEN THERE'S JUST A GENERAL POWERS IN GENERAL STATEMENT.
SO IT'S NOT, I, I THINK, UH, IT WARRANTS SOME CLARITY, ESPECIALLY GIVEN, UM, YOU KNOW, THE COUNCILMAN'S, UM, YOU KNOW, CONCERN WITH MAYBE, UH, MAKING SURE THAT THE PUBLIC IS INFORMED ACCURATELY WITH, WITH TRUE AND CORRECT INFORMATION.
I, I, I GET WHERE YOU'RE TRACKING AND I AGREE WITH IT.
I, I THINK THIS IS A CASE WHERE COUNCIL MAY WANNA LOOK AT THAT LANGUAGE MM-HMM
YEAH, I WOULD, I WOULD, I WOULDN'T FLIP TO CITY ATTORNEY TO LOOK AT IT.
BUT AGAIN, I THINK THIS IS, YOU KNOW, JUST SPELLING IT OUT SPECIFICALLY SO THAT WAY, YOU KNOW, IF IF SOMEONE'S WANTING TO BOARD MEMBER, UH, MCLAUGHLIN'S POINT, IF SOMEONE WAS LOOKING AT POTENTIALLY APPLYING FOR THE EDC BOARD, YOU KNOW, THERE'S, IT'S SPELLED OUT PRETTY CLEARLY ON WHAT YOU'LL BE DOING WHILE YOU'LL, WHY YOU'LL BE DOING IT, WHAT, YOU KNOW, THE EXPECTATION IS.
I THINK THAT WOULD BE, UH, AGAIN, EMPOWERING FOR BOTH THE BOARD AND FOR CITIZENS TO SEE, YOU KNOW, WHAT THE A DC IS ABOUT.
UH, WERE YOU, UM, BOARD MEMBER THOMPSON, WERE YOU PLANNING TO EMAIL US THAT? YEAH, I'VE, I'VE BEEN SENDING IT TO, UM, CHANEY AND SO SHE CAN SEND THAT TO YOU.
I, I DIDN'T HEAR ANYTHING THAT CAUGHT MY ATTENTION AS ANYTHING THAT'S CONCERNED ME.
CLOSELY, ACTUALLY SOMETHING DID CATCH MY ATTENTION.
UM, DID, DID IT SAY SOMETHING ABOUT THE BOARD APPOINTING COMMITTEES? UM, I THINK THAT'S, IT WAS AD HOC, AD HOC, AD HOC COMMITTEES, KIND OF WHAT, UM, THE CHAIR CURRENTLY CHAIR CLANCY ALREADY DID.
THE ONLY THING THAT COMES TO MIND IS IF STATE LAW CHANGES MM-HMM
THEN WE'D HAVE TO COME BACK AND READJUST MM-HMM
SO, AND THAT CAN HAPPEN, BUT I, BUT I CONCEDE, I THINK WHAT YOU'RE TRYING TO GET AT PROVIDES VERY GOOD CLARITY.
'CAUSE THERE IS A LOT OF INFORMATION SOMETIMES OUT IN THE PUBLIC THAT'S WRONG.
THIS IS WHAT WE DO, THIS IS NOT WHAT WE DO.
SO DRAWS A LINE IN THE SAND MM-HMM
AND THEN MY LAST EDIT WAS, UM, I DIDN'T SEE ANYTHING UNDER THE ANNUAL CORPORATE BUDGET THAT SAID SPECIFICALLY THAT THE FISCAL YEAR, AND I'M NOT SURE IF WE DO THIS, BUT THE FISCAL YEAR FOR THE CORPORATION SHALL BE THE SAME FISCAL YEAR AS THE CITY.
I WOULD IMAGINE THAT'S THE SAME SINCE WE GO OFF OF THEIR BUDGET.
I THINK THERE'S LANGUAGE IN THERE THAT TALKS ABOUT, UM, WHEN WE HAVE TO SUBMIT OUR BUDGET TO CITY COUNCIL AND THAT OUR BUDGET IS SUBJECT TO APPROVAL BY CITY COUNCIL.
ANNUAL CORPORATE BUDGET SAYS AT LEAST 60 DAYS PRIOR TO THE COMMENCEMENT OF EACH FISCAL YEAR OF THE CORPORATION.
SO CAN WE SAY, CAN WE PUT LANGUAGE IN THERE THAT SAYS THE BUDGET IS ADOPTED UPON THE FORMAL APPROVAL FROM CITY COUNCIL? YEAH.
[00:45:01]
A GREAT, THOSE ARE GREAT POINTS AND, UM, REALLY GETTING SOME MORE, UM, RHETORIC ON WHAT WE DO AND SO THAT PEOPLE UNDER HAVE A BETTER UNDERSTANDING AND MAKING THESE SOME BULLET POINTS.UM, I WOULD LOVE FOR THAT EMAIL TO GET SHOT OUT.
SO WE ARE ALL, UM, IN AGREEMENT BEFORE WE MAKE AN ACTION ITEM OUT OF IT.
BUT JUST SOMETHING TO DISCUSS AND MAYBE PLAN FOR NEXT, UM, OUR NEXT MEETING IN FEBRUARY.
DOES THAT SOUND GOOD TO EVERYONE? MM-HMM
SO THAT WE ALL HAVE REVIEW TIME TO REVIEW, AND THEN ALSO LEGAL HAS TIME TO REVIEW TO MAKE SURE IT, THANK YOU.
YOU GONNA DONATE YOUR TIME TONIGHT?
DUE DILIGENCE WITH READING THROUGH THE BYLAWS.
I'M GETTING AN UPDATE FROM FINANCE THAT SAYS OCTOBER THROUGH SEPTEMBER FISCAL YEAR IS ALREADY IN THE BYLAWS UNDER 1.3 D.
IT'S AT THE LAST, IN THE LAST PARAGRAPH.
SO DO WE, IS THAT ENOUGH OR DO YOU WANT TO CALL OUT THAT IT SPECIFICALLY FOLLOWS? WHAT IF THOSE DATES MATCH UP WITH LIKE A WEEKEND OR A HOLIDAY? I MEAN, I'M NOT SAYING THAT THEY WILL, BUT WHAT IF THOSE DID, CAN WE JUST MAKE IT A BLANKET STATEMENT TO SAY SOMETHING TO THE TUNE OF OUR FISCAL YEAR MATCHES CITY COUNCILS OR THE CITY OF HUDDLE'S FISCAL YEAR? YEAH, I THINK WE CAN CALL IT OUT.
THEY DON'T SAY SPECIFICALLY DATES OF THE WEEK OR ANYTHING.
IT'S JUST OCTOBER THROUGH SEPTEMBER, WHICH IS PRETTY TYPICAL FISCAL YEAR S OCTOBER 1ST AND END ON SEPTEMBER 30TH.
SO YEAH, IF OCTOBER 1ST WAS A SUNDAY AND THAT WAS THE DAY OUR BUDGET STARTED, I MEAN, WE'RE GONNA BE DOING ANY TRADE AND IT'S REALLY ABOUT THE FINANCIAL REPORTING, NOT NECESSARILY LIKE RIGHT.
WE DON'T START WORK TILL TUESDAY.
SO WE'RE, OR TILL MONDAY AND THE FIRST WAS A SUNDAY.
SO OUR, OUR YEAR STARTS ON MONDAY.
IT'S LITERALLY THE RIGHT, THE CUTOFF FOR WHEN WE CAN SUBMIT EXPENDITURES AND THINGS LIKE THAT.
SO, OR START EXPENDING FUNDS FOR THE NEXT YEAR AND IT JUST SAYS THAT THE, UH, MAY BE A CHANGE OR AMENDED BY ACTION OF THE BOARD WITH APPROVAL BY THE CITY COUNCIL.
SO IT DOESN'T NECESSARILY SAY THAT WITH, WITHOUT THE APPROVAL OF THE BOARD THAT WE CAN'T OPERATE, I MEAN, THE BUDGET PART OF IT.
RIGHT? AM I READING THAT CORRECTLY? UH, UM, I'M SORRY.
UM, SO WHAT WE ARE SAYING IS THAT WE, WE PRESENT THE BUDGET TO CITY COUNCIL 60 DAYS BEFORE, CORRECT? MM-HMM
AND THEN IF THEY DON'T APPROVE THE BUDGET, WE DON'T JUST STOP OPERATING UNTIL WE GET AN APPROVED BUDGET.
IS THAT CORRECT? I THINK THAT'S CORRECT.
IS THAT A CORRECT STATEMENT? YOU DON'T WRITE ANY CHECKS? I, WELL, I'M, I WOULD I, WOULD IT BE DIFFICULT TO, YOU DON'T HAVE THE AUTHORITY TO SPEND MONEY.
SO I'M JUST WONDERING WHY, YOU KNOW, WHAT'S THE, YOU, WHAT'S THE PROBLEM WITH CHANGING THE LANGUAGE THAT WE OUR, OUR BUDGET OPERATES WITH THEIRS? LIKE, IS, IS THERE WELL, THERE'S NOT, I JUST THINK WE'RE DUPLICATING THE INFORMATION.
IF YOU WANNA SPECIFY WHICH ALIGNS TO THE CITY OF HU FISCAL CYCLE OR SOMETHING LIKE THAT, WE CAN, IT ALREADY MATCHES MM-HMM
BUT IF WE WANT TO SPECIFICALLY CALL OUT ALONG WITH THE CITY OF HU'S FISCAL YEAR, WE CAN DO THAT.
AS FAR AS THEM APPROVING A BUDGET OR NOT.
IF THEY DON'T APPROVE THIS BUDGET, YOU DON'T GET TO SPEND MONEY MM-HMM
SO YOU'D BE ABLE TO, TO EXECUTE YOUR APPROVED BUDGET.
SO LET'S SAY FY 25 WE'RE IN RIGHT NOW, WE'D BE ABLE TO EXECUTE OUR CURRENT BUDGET BECAUSE IT'S APPROVED.
IF WE PROPOSED A BUDGET FOR FY 26 AND COUNCIL SAID NO, THEY WOULD BE ABLE TO SAY, YOU'RE, WE'RE CUTTING THIS, WE'RE CUTTING THIS, WE'RE CUTTING THIS, WE'RE CHANGING THIS, WE'RE INCREASING HERE, WE'RE DOING THIS.
AND THAT'S WHAT GETS APPROVED.
THERE IS NO BACK TO THE BOARD, IS MY UNDERSTANDING.
IT DOES NOT COME BACK TO THE BOARD FOR APPROVAL OR RATIFICATION OR ANYTHING OF THAT NATURE.
SO I GUESS MY QUESTION IS JUST LIKE, WHY, WHY WOULD WE NEED TO CHANGE THE LANGUAGE THEN? BRIAN? IS IT BECAUSE NO, I JUST, I THOUGHT, I THOUGHT IT WAS SOMETHING THAT WE OH.
THAT I JUST THOUGHT FOR SOME REASON.
YEAH, I DIDN'T, I'M TOTALLY FINE WITH THAT.
SO ARE WE LEAVING IT AS IS OR DO YOU WANNA SPECIFY? LIKE, I WOULD LEAVE IT AS IS IF IT WORKS FOR, UNLESS COUNCIL GETS LIKE FUNNY AND LIKE CHANGES THEIR FISCAL ON US OR SOMETHING.
CI OR THINK THAT'S A STATE
SO, UM, WHAT I'M HEARING, UM, BOARD MEMBER MAYOR THOMPSON WOULD LIKE TO REVIEW DUTIES OF THE BOARD.
YOU MENTIONED COMPLIMENT, UH, ACCOMPLISHMENTS, QUARTERLY MEETING WITH THE CITY COUNCIL CHAIR.
I WOULD JUST SAY I ALREADY SENT THE EDITS TO
[00:50:02]
DIRECTOR.AND SO THE DIRECTOR CAN SEND IT OUT AND THEN OKAY.
JUST HAVE ANOTHER AGENDA ITEM TO, TO SHOW THE RED LINING FROM THE BYLAWS AND THEN WE COULD APPROVE IT.
AND THAT WOULD INCLUDE THE POWERS MM-HMM
AND SO IF SOMEONE ELSE HAD ANYTHING ELSE TO ADD, THEY COULD BRING IT BACK NEXT MEETING AS WELL.
SO WE WILL PUT ON A FEBRUARY 10TH MEETING, DISCUSS AND CONSIDER ACTION REGARDING THE DRAFT OR THE, UM, NO, NO.
DISCUSS AND CONSIDER ACTION REGARDING AMENDMENTS TO THE CORPORATIONS TYPE A AND TYPE B BYLAWS.
DO Y'ALL WANT ACTUAL AMENDMENTS BASED ON THE FEEDBACK PROVIDED THIS EVENING PROPOSED FOR CONSIDERATION? OR DO YOU WANT JUST ADDITIONAL DISCUSSION? I, I'D EXPECT TO SEE OUR BYLAWS WITH POTENTIAL IF THERE'S, IF THERE'S, UM, DUPLICATES FROM WHAT I'VE SENT EITHER CROSSING OUT THAT, LIKE REDLINING THAT AND ADDING IN WHAT'S SENT TO YOU.
UM, AND THEN THAT PRESENTED TO THE BOARD FOR THEM TO APPROVE OR DENY.
SO YOU WANT THE FORMAL AMENDMENTS PRESENTED MM-HMM
READY FOR CONSIDERATION, RIGHT.
PENDING, UH, COUNCIL SELS REVIEW.
CHENEY GETS YOUR APPROVAL, THEN WE, IT GOES TO US, WE ALL LOOK AT IT AND SAY, YEAH, YAY OR NAY, AND THEN THOSE AMENDMENTS SHOW UP TO THE NEXT MEETING AND WE, WELL, NO, NO, NO, NO.
WE, I CAN'T GET PEOPLE'S APPROVAL ON AN ITEM LIKE THAT AHEAD OF A MEETING, SO, OH YEAH.
WHAT I, WHAT I, MY BAD WOULD EXPECT IS WE'LL GET THOSE, WE'LL IMPLEMENT THEM, WE'LL REDLINE THE CURRENT, UH, BYLAWS, SO THOSE CHANGES ARE REFLECTED AND THEN DRAFT THE ACTUAL AMENDMENT DOCUMENT THAT WILL BE REQUIRED TO AUTHORIZE THOSE CHANGES.
AND THEN IF THERE'S ADDITIONAL CHANGES, THEN IT WOULD BE A SUBSEQUENT ITEM.
IF YOU ACCEPT THOSE CHANGES OR THERE ARE MINOR MODIFICATIONS, THEN WE WOULD BE ABLE TO EXECUTE AT THAT MEETING.
COULD YOU SEND WHAT BRIAN SENT TO US AN EMAIL THAT HASN'T BEEN VETTED FOR US? JUST TO KIND OF PREVIEW WHAT BRIAN'S YES, ABSOLUTELY.
ONE WAY COMMUNICATION IS GREAT.
WHEN PEOPLE START TELLING ME, I APPROVE THIS AND OOH, WE GOT PROBLEMS,
I'M DISSEMINATING INFORMATION.
NO REPLIES TO ALL MAKE IT EASIER FOR THE NEXT MEETING.
BECAUSE I THINK MOST OF US GOT BRIAN'S CHAIN OF THOUGHT.
UH, ANY THOUGHTS ON THE TWO ITEMS THAT WERE BROUGHT UP REGARDING THE APPROVAL SPECIFICALLY OF THE SMALL BUSINESS INCENTIVE LINE ITEM? WOULD YOU LIKE TO PROPOSE THOSE CHANGES AT ALL, OR THE CORPORATE CREDIT CARD? ANY? I WOULD LIKE THOSE ADDED THOUGHTS.
BECAUSE I THINK THAT WOULD HELP OUT WITH, UH, EFFICIENCY, ESPECIALLY THE CORPORATE CREDIT CARD THING.
THAT'S REALLY IMPORTANT, ESPECIALLY IF YOU'RE GONNA BE DOING EVENTS AND STUFF LIKE THAT.
IT'S, I THINK IT'S JUST REALLY, REALLY IMPORTANT.
I THINK AS YOU'VE SEEN, THERE'S BEEN SEVERAL CHECKS FOR REIMBURSEMENT.
UM, WHEN I USE MY, I, WE HAVE IT SET UP SO THAT I CAN USE THE CITY'S PURCHASING CARD, MY PCARD FOR MY DEPARTMENT, AND THEN GET REIMBURSED FROM THE EDC EFFECTIVELY.
BUT IT IS EXTRA PAPERWORK, EXTRA TIME FOR THOSE REIMBURSEMENTS TO COME OUT, ADDITIONAL CHECKS, MODIFICATIONS TO THE, IT GETS, IT'S A WHOLE SITUATION THAT COULD EASILY BE SOLVED IF I HAD CITI CARD, EDC CARD.
A CARD IF YOU HAVE RING ON YOUR CAMERA AND DELIVERIES SO THAT THE AMAZON PORCH PIRATES AREN'T, WELL, Y'ALL WOULD STILL SEE EVERYTHING REFLECTED IN YOUR MONTHLY FINANCIALS AND THE EXPENDITURES WE'RE JUST SAYING IT'S NOT QUITE SUCH AN ARDUOUS PROCESS.
UM, I'D ALSO LIKE TO PROPOSE THAT WE LOOK AT, IN THE BYLAWS, WE LOOK AT, UM, GIVING STAFF LIMITED AUTHORITY TO SIGN OFF ON, ON CERTAIN DOCUMENTS.
UM, FOR EXAMPLE, WE HAD A CITY COUNCIL MEETING LAST THURSDAY WHERE RIGHT OF ENTRY WAS A HOT TOPIC AND THE PROJECT WASN'T ABLE TO GO FORWARD UNTIL THIS BOARD MET TO GET A SIGNATURE FOR, UM, THE RIGHT OF ENTRY TO GO FORWARD WITH, UH, ENGINEERING.
AND SO UNDERSTANDING HOW THAT COULD, YOU KNOW, IMPEDE A PROJECT FROM MOVING FORWARD.
UM, I'D LIKE TO ASK THE BOARD TO CONSIDER GIVING STAFF, UM, I DON'T KNOW HOW TO PHRASE IT OR WHAT, UM, YOU KNOW, WHAT WOULD CONSTITUTE US GIVING STAFF
[00:55:01]
LIMITED, UM, AUTHORITY, BUT I DO THINK THAT'S NEEDED IN ORDER TO SIGN OFF ON DOCUMENTS WHEN WE'RE NOT ABLE TO MEET SO THAT PROJECTS DON'T GET STALLED IN, UM, IN THE CITY.AND IT WOULD PROBABLY ONLY INVOLVE REAL PROPERTY IS, IS WHAT YOU'RE SAYING? MM-HMM
UH, WELL, A SECTION 3.7 DOES ALLOW THE BOARD TO DELEGATE TO CITY STAFF SOME AUTHORITY TO, TO SIGN THINGS.
IF YOU'RE TALKING ABOUT AUTHORITY TO, UM, SIGN THINGS THAT THE BOARD IS NOT SEEN MM-HMM
UM, MAYBE WE SHOULD DISCUSS THAT IN AN EXECUTIVE SESSION.
UM, NOT THAT THERE'S BEEN A STRAW POLL OR ANYTHING TAKEN, BUT YOU KNOW, WE'RE WE'RE THERE AND IT, YOU KNOW, IT'S, IT'S HOLDING UP THINGS BEING DONE FROM A CITY LEVEL.
SO I DO THINK THAT'S WORTH, UM, DISCUSSING IN THE BACK.
UH, I THINK STAFF'S RECOMMENDATION WOULD BE THAT ANY SIGNATURE AUTHORITY ASSIGNED TO STAFF MIRROR WHAT CITY MANAGER IS ALLOWED TO EXECUTE ON BEHALF OF COUNCIL.
SO RIGHT OF ENTRY IS A PERFECT EXAMPLE.
LIKE IT'S A FAIRLY BENIGN ITEM.
IT DOESN'T IMPACT THE LAND OR ANY, UM, REVENUE OR EXPENSE OR ANYTHING LIKE THAT TO THE CORPORATION.
SO I THINK UNDER THOSE PARAMETERS, I WOULD PREFER NOT TO HAVE THE SAME LIMITS AS HIM.
I, I DON'T FEEL COMFORTABLE WITH THAT.
I WOULD EXPECT MINE TO BE SIGNIFICANTLY LOWER.
THAT WOULD MAKE ME FEEL BETTER.
BUT, UM, I THINK IF I CAN WORK WITH LEGAL COUNSEL AND JUST WORK THROUGH WHAT THOSE SIGNATURE AUTHORITIES LOOK LIKE FOR CITY MANAGER, FOR FOR CITY COUNCIL AND SEE WHAT WOULD MAKE SENSE FOR THE CORPORATION AND STAFF AND THEN MAYBE PROPOSE THOSE, UM, THOUGHTS.
YEAH, I THINK COUNCIL, WE CAN DISCUSS THIS.
WOULD YOU PREFER EXECUTIVE SESSION DISCUSSION FOR THAT ITEM? I CAN SEE FROM YOUR FACE.
YOU'RE LIKE, I'M GONNA SAY TWO WORDS ABOUT THIS.
IT'S VERY, VERY RED VOTED FOR THE RECORD.
HE'S LIKE, PLEASE STOP TALKING.
SO ITEM SEVEN, EXECUTIVE SESSION.
THE BOARD WILL NOW RECESS THE OPEN MEETING AND RECONVENE AN 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 TO DELIBERATE AND SEEK LEGAL ADVICE REGARDING THE LITIGATION PERTAINING TO JRS COMPANY INC.
THE LITIGA LITIGATION PERTAINING TO THE FARM LEASE AT THE MEGA SITE, POSSIBLE AMENDMENTS TO THE SALES TAX SHARING AGREEMENT BETWEEN THE CI CITY AND OR THE CITY OF HU AND WILLIAMSON COUNTY EMERGENCY SERVICES DISTRICT THREE PROJECT V, PROJECT ESLO PROJECT, HSC PROJECT MAESTRO SPINE ROAD CONSTRUCTION PROJECT, THE MEGASITE PROJECT, PROJECT TITAN PROJECT FLEX PROJECT STRAT THREE PROJECT SEQUEL, THE PLANNING AND DEVELOPMENT OF COTTONWOOD PROPERTIES AND THE EVALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVES.
ALL RIGHT, THE TIME IS NOW 10 16 AND WE ARE BACK FROM EXECUTIVE SESSION.
WE'LL GO TO EIGHT ACTION RELATED TO EXECUTIVE SESSION 8.1.
DISCUSS AND CONSIDER ACTION REGARDING FARM LEASE ON THE CORPORATION OWNED PROPERTY KNOWN AS COTTONWOOD PROPERTIES.
SO A QUESTION I WOULD HAVE BAAM CHAIR, IS IT GIVING DIRECTION TO THE DIRECTOR OR IS IT ACTION THAT HAS TO BE TAKEN? I BELIEVE ACTION NEEDS TO BE TAKEN BECAUSE WE NEED TO DRAFT A NEW LEASE.
SO THEREFORE, MADAM CHAIR, I WILL MAKE A MOTION THAT WE ASK OUR DIRECTOR TO NEGOTIATE A NEW LEASE WITH THE CURRENT LEASE, LEASE, LEASE, UM, AS DIRECT AS DISCUSSED IN CLOSED SESSION.
I HAVE A MOTION BY TREASURER HENRY G GIDEON AND VICE CHAIR AND SECONDED BY VICE CHAIR MATT MITTEN.
ANY OTHER DISCUSSION ON THIS ITEM? OKAY.
CAN YOU CALL A VOTE PLEASE? BOARD MEMBER THOMPSON.
[01:00:01]
MOTION PASSES 7 0 8 2.CONSIDER AND POSSIBLE ACTION OR CONSIDERATION AND POSSIBLE ACTION RELATED TO EXECUTIVE SESSION AGENDA ITEM LISTED ABOVE.
I, YEAH, I DON'T THINK WE HAVE ANYTHING.
SO NINE ITEM NINE, FUTURE AGENDA ITEMS. DOES ANYONE HAVE ANY OF FUTURE AGENDA ITEMS THEY'D LIKE TO MENTION? OH, THANK GOODNESS Y'ALL ARE
YOU'VE GOT A STANDING LIST EXHAUSTING TOO FROM THE WORKSHOP DURING OUR WORKSHOP.
I THINK OUR WORKSHOP IS GONNA BE GREAT.
IF THERE ARE NO OTHER ITEMS, UM, WE'LL GO TO ITEM 10.
UM, IT IS 10 18 AND WE ARE ADJOURNED.