* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. I USUALLY JUST CHECK. [00:00:02] OKAY, THE TIME IS NOW [(EDC) Board Meeting/(CDC) Board Meeting on May 12, 2025.] SIX THIRTY ONE 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 HERE. VICE CHAIR MITTEN. HERE. SECRETARY HARRY OWENS. HERE. TREASURER GIDEON. HERE. BOARD MEMBER THOMPSON. BOARD MEMBER MCLAUGHLIN. HERE. BOARD MEMBER GONZALEZ. HERE, PLEASE JOIN ME IN THE PLEDGE OF ALLEGIANCE. WHERE'S THE AMERICAN FLAG? UH OH. WHERE'S THE AMERICAN FLAG? I DIDN'T NOTICE. IT WASN'T HERE UNTIL JUST NOW. DO WE MOVE IT FOR ELECTION? IS IT OUTSIDE? JUST PRETEND LIKE IT'S EAR . PRETENDS EAR. PETER, REAL QUICK. YOU CAN'T PLEDGE TO A NON-FLAG. NO. UNDERSTOOD. YEAH. NO, THAT'S SURE YOU CAN . THAT WOULD BE ON THE SAAC. NO, I WONDER WHERE IT WENT. IT BE UP HERE. OH MY GOSH. IF I COULD GET MY FINGERS RIGHT ON HERE. . I WANTED WAVING THOUGH. . I THE GET, MAKE SURE IT'S 50 STARS. LORD HAVE MERCY. THERE YOU GO. CAN WE DO, DO WE CARE? JUST, THERE WE GO. ONE. THERE WE GO. OH, BEAUTIFUL. WELL, THAT'S NOT OFF. NO. MM-HMM. I KNOW. HOLD ON. 'CAUSE THAT'S NOT DO WHAT NOW? CLICK. OPEN IMAGE TAB. I'M TRYING TO JUST GET IT. BIG WORK. DOES THAT WORK FOR EVERYBODY? IS THAT FINE? OKAY, GO FOR IT. PLEDGE P TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDERGONE INDIVIDUAL WITH LIBERTY AND JUSTICE FOR ALL. HONOR THE TEXAS FLAG. I PLEDGE ALL TO BE TEXAS. ONE STATE UNDER GOD. ONE AN INDIVISIBLE. OKAY. I'D LIKE TO NOTE THAT BOARD MEMBER THOMPSON JOINED US AT 6 32. AND THEN, UM, GOING TO ITEM FOUR, PUBLIC COMMENT. DO WE HAVE ANYONE SIGNED UP FOR PUBLIC COMMENT? NOPE. OKAY, GREAT. MOVING TO 5.1 PRESENTATIONS, DISCUSS AND CONSIDER A PRESENTATION FROM S VERA LLC REGARDING UPDATES ON HOOKY ENTERTAINMENT FACILITY. CHRIS, THE CLICKER SHOULD BE UP THERE FOR YOU SO WE CAN EVERYONE. GOOD EVENING. EVENING. HELLO. WELL, WE MADE IT. YAY. YES. CONGRATS. IT'S, UH, BEEN A TOUGH ROAD, BUT WE WE DID DO IT. UM, EXCITED TO BE HERE TONIGHT AND TO, UH, SHARE, SHARE WITH YOU A LITTLE BIT OF WHERE WE ARE TODAY. UM, COULDN'T HAVE DONE IT WITHOUT THE CITY FOR SURE. YOU KNOW, EVERYBODY'S HELPING HERE. UM, ASHLEY AND, UH, BRIAN, THEY'VE ALL JUST BEEN FANTASTIC. UM, REALLY COULDN'T HAVE DONE IT WITHOUT EVERYBODY HERE. SO, UH, THIS IS THE EXTERIOR. THIS WAS TAKEN, UM, THIS MORNING. UM, I WAS OUT THERE AND THEY HAD THE, I HAD SOME PICTURES ON FRIDAY WHEN I WAS THERE THAT I WAS PUTTING THE PRESENTATION TOGETHER AND THERE WAS SOME STUFF IN MY WAY AND I GOT A CLEAN PICTURE THIS MORNING. SO I WAS, I WAS GLAD TO SEE THAT. SO, AS YOU CAN SEE, ALL THE TRASH IS PICKED UP AND IT'S, UH, IT'S REALLY LOOKING GOOD. THIS IS THE FRONT OF THE BUILDING. UM, EXTERIOR. WE'VE GOT OUR, OUR LAWN AREA OUT FRONT. I DON'T HAVE MY HIPPOS IN YET, BUT THEY ARE ON THEIR WAY, UM, FOR SOON. , UM, BACK OF BUILDINGS, MIDDLE PICTURE, OF COURSE, THE FRONT IS THE RIGHT PICTURE THERE. AGAIN. UM, I WISH I COULD SHOW MORE PICTURES AND I SHOULD HAVE DONE A LONGER SLIDE REEL THIS TIME BECAUSE THERE'S JUST SO MUCH TO SEE. UM, THE PICTURE ON THE LEFT THERE WHERE YOU SEE THAT, THOSE THREE TVS AND THAT BLUE VINYL, THERE'S ACTUALLY A, UH, UM, VIRTUAL DARTS THAT GO IN THAT, WHERE THAT BLUE AREA IS THERE. SO VIRTUAL DARTS ARE IN THE BAR AREA THERE, IN THE MIDDLE PICTURE SHOWS THE BAR, THE BACK BAR, AND THEN THE PICTURE TO THE RIGHT IS BASICALLY ENTERING THE BUILDING. YOU'VE GOT GUEST SERVICE TO THE RIGHT AND YOU'VE GOT, UH, GRAB AND GO AND ORDER THERE TO THE LEFT. YOU CAN KIND OF SEE BOWLING KIND OF SNEAKING THROUGH THERE ON THE RIGHT. UM, IF YOU LOOK AT ONE MONTH AGO WHERE THESE PICTURES WERE, IT WAS INTERESTING WHEN I WAS PUTTING THIS TOGETHER THIS MORNING, UM, ON, ON, YOU KNOW, WHERE WE ACTUALLY HAVE COME IN ONE MONTH. SO THE PIN SETTERS ARE ALL IN BOWLING'S INCOMPLETE. UH, THE MIDDLE PICTURE, I, THE VIDEO WALL IS, IS FABULOUS. THAT'S WHAT YOU'RE ACTUALLY SEEING IS THE VIDEO WALL. UM, IT'S 68 FEET WIDE BY 18 FEET TALL. IT'S THE LARGEST VIDEO WALL THAT'S ON ANY BOWLING LANES CURRENTLY IN THE UNITED STATES. [00:05:01] WOW. WE'RE THE FIRST. YOU'RE THE FIRST. THERE'S, THERE'S WALLS OUT THERE, BUT THEY'RE NOT NEAR AS BIG AS THIS ONE. THIS IS, THIS IS A HUGE, HUGE VIDEO WALL AND IT'S, IT'S FABULOUS. UM, THE PICTURE ON THE FAR RIGHT THERE IS THE, UH, IS THE FURNITURE PACKAGE FOR THE BOWLING, AND THEN YOU CAN KIND OF SEE THE GAME ROOM SNEAKING IN THERE, UH, BEHIND. SO ALL THE GAMES ARE IN, UM, IT'S ALL LOOKING REALLY, REALLY DONE AT THIS POINT. WILL, WILL THE GAME SYSTEM, UH, BE A CARD OR HOW YOU PLAY THE GAMES? IT'LL BE A CARD. YOU'LL PURCHASE A CARD. SO IT, IT'S A FULL CARD SYSTEM, NO CASH. UM, KITCHEN IS COMPLETE. UM, AS YOU CAN SEE, IT'S EVEN COMMISSIONED AT THIS POINT. GOT PEOPLE IN THERE TODAY, KIND OF, YOU KNOW, FINALIZING EVERYTHING, HOOKING UP, UH, THIS AND THAT. WE'VE GOT FINAL HEALTH TOMORROW. WE MET WITH HEALTH LAST WEEK AND GOT OUR LIST FROM HIM. AND WE WENT THROUGH, THROUGH WHAT WE NEEDED TO DO THERE. WE'VE GOT, UH, THE LIST READY FOR HIM TOMORROW. HERE'S THE RESTROOMS ALSO LOOKING COMPLETE. UM, INTERESTING THING THAT WE'VE DONE HERE. IT WAS PART OF THE ARCHITECT'S DESIGN. IN THE MIDDLE PICTURE, YOU CAN SEE THE SINKS AND THERE'S NO MIRRORS ABOVE THE SINK. THERE'S ACTUALLY LARGE MIRRORS TO EITHER LEFT OR RIGHT OF THE SINK AREA SO THAT YOU CAN ACTUALLY WASH YOUR HANDS AND THEN, YOU KNOW, MESS WITH YOUR HAIRDO LATER. , UM, RESTROOMS, THE PICTURE THERE ON THE RIGHT SHOWS THE ENTRY TO THE RESTROOMS. THERE'S WOMEN'S ON THE LEFT, SOME MEN'S ON THE RIGHT WITH YOUR FAMILY RESTROOMS THERE IN THE MIDDLE. UM, WANTED TO SHOW A LITTLE BIT OF AUDITORIUMS. FIVE THROUGH SIX OR THREE THROUGH FOUR AND FIVE AND SIX ARE ON THAT, ON THAT T ON THE END. UM, YOU CAN SEE THE SEATING. IT'S ALL RECLINER SEATING EVERYWHERE IN THE THEATER. UM, IT'S JUST, IT'S JUST LOOKING REALLY COMPLETE AND REALLY DONE AT THIS POINT. HERE'S THE SDX IMAX OR SDX AUDITORIUM WITH, UH, DOLBY DIGITAL ATMOS, UM, EXPERIENCE. FULL SUBMERSIVE SURROUND, LIKE WE'VE SAID BEFORE, THAT'S WHAT YOU'RE SEEING HERE ON THE CEILING. AND, UH, AND ON THE WALLS IS ALL THE SPEAKERS. THERE'S 48 INDIVIDUAL CHANNELS IN HERE, MEANING THAT THEY CAN PUSH SOUND TO 48 INDIVID INDIVIDUAL CIRCUITS IN THIS SPACE. THAT'S HOW YOU GET YOUR FULLY IMMERSIVE, UH, UH, SOUND THAT YOU DO. IT'S, IT'S REALLY PHENOMENAL. UM, THE GUYS THAT ARE THERE TUNING IT, WERE WAS JUST, WERE JUST TUNING THE BOARDS, UH, UH, IN NEW ZEALAND FOR THE AVATAR TOO. SO WE GOT SOME REAL TALENT THAT CAME IN AND, AND PUT THIS, UH, PLACE TOGETHER. NICE. YEAH. IMAX AUDITORIUM. IT'S, IT'S, UH, IT REALLY DOESN'T, UH, SHOW THE WAY IT ACTUALLY FEELS IN THE AUDITORIUM. THE, THE SCREEN IS MASSIVE. UM, LIKE I SAID BEFORE, IT'S FOUR STORIES TALL. IT'S JUST, IT'S JUST HUGE. UM, FULL RECLINER SEATING OF COURSE, EVERYWHERE. AND THAT'S IT. I'D LIKE TO TAKE SOME QUESTIONS IF YOU GUYS WANT TO HAVE ANY FOR ME. UM, HOW ARE YOU GUYS DOING WITH STAFFING? ARE YOU HAVING ANY TROUBLE GETTING APPLICANTS OR YOU GOTS OF PEOPLE? IT'S, IT'S BEEN FABULOUS. WE'VE GOT, UH, WE'VE GOT 150 PEOPLE HIRED AT THIS POINT. I MEAN, IT'S JUST, IT'S JUST GONE GREAT. I MEAN, THE HUGE TURNOUT IN HUDU, OF COURSE, EVERYBODY'S FROM HERE, OR MOST EVERYBODY'S FROM HERE OR CLOSE TO HERE. UM, SO WE'VE, WE'VE REALLY HAD A GOOD TURNOUT AND VERY SUCCESSFUL, REALLY GOOD TALENT POOL TOO. WE FEEL REALLY FEEL GOOD ABOUT IT. GOOD. THAT'S EXCELLENT. I SAW THE MARKETING AND THE, UH, COMMUNITY IMPACT. IS THERE ANY OTHER MARKETING YOU GUYS ARE GONNA BE DOING MAYBE OUTSIDE OF HU LIKE TAYLOR VILLE AROUND ROSS? YES, SIR. WE WILL BE, WE WILL BE FOR SURE, YOU KNOW, BLANKETING THE AREA AROUND US FOR, TO BRING PEOPLE IN. ABSOLUTELY. AND YOU'RE GONNA DO THAT SOCIAL MEDIA BILLBOARDS OR? YEAH, WE'LL DO IT ALL. WE, WE'RE NOT, WE'RE NOT HOLDING BACK ON THE MARKETING SIDE. WE'LL, WE'LL HIT IT HEAVY DUTY AND, AND MAKE SURE THAT WE'RE YES. WE'LL, WE'LL DO IT ALL. I KNOW, I'M, I'M SPEAKING OUT OF, OUT OF, OUT OF MY REALM, BUT I'M TELLING YOU, WE'RE PUTTING TOGETHER, THEY'VE GOT A HUGE MARKETING TEAM BEHIND THIS THING. SO YOU MET HELMS, YOU KNOW, BEFORE WHEN WE, WHEN WE DID THE PRESENTATION AND, UM, THEY'RE JUST REALLY, THEY'RE PUTTING IT TOGETHER SO IT, IT'LL BE GREAT. WELL, AND I NOTICED THAT YOU GUYS, UM, HIRED GIANT NOISE FOR YOUR PR, SO THEY'RE FANTASTIC. YEAH, SO GIANT NOISE IS ON BOARD. THEY'RE, THEY'RE PUTTING, THEY'VE ACTUALLY BEEN INTO THE VENUE AND THEY'RE PUTTING TOGETHER, UM, YOU KNOW, THESE OPENING EVENT, UH, COORDINATION. SO IT'S, IT'S, IT'S A LOT OF FUN. WHAT ARE THE HOURS GOING TO BE? UM, MOST DAYS IT'LL BE LIKE FROM 10 O'CLOCK TILL, YOU KNOW, THE LAST MOVIE. YOU'LL PROBABLY START AROUND 10 O'CLOCK AS WELL. OR, OR COULD EVEN BE, IT SHOULD BE OUT BY MIDNIGHT, TYPICALLY. AND THAT'S MONDAY THROUGH SUNDAY? THAT'S SEVEN DAYS A WEEK, TYPICALLY. OKAY. YEAH. WOW. SOME, SOME, DEPENDING ON THE TIME OF YEAR. RIGHT. SO IT'LL BE EARLIER OR LATER. [00:10:02] AND SPECIAL SHOWINGS, WOULD THAT BE AVAILABLE AS WELL? ALL SPECIAL SHOWINGS. THEY USUALLY HAVE, YOU KNOW, YOUR, MOST OF YOUR MOVIES COME OUT ON THURSDAYS NOW. UM, SO WE'LL HAVE ALL THE THURSDAY NIGHT SPECIAL SHOWINGS. THAT'LL ALL, THAT'LL ALL TAKE PLACE FOR SURE. YOU'LL HAVE THE BEST OF THE BEST, I PROMISE YOU THAT. . WELL, THANK YOU, UM, FOR HITTING DEADLINES, PUSHING YOUR STAFF, AND COLLABORATING WITH OUR TEAM THROUGHOUT THE PROJECT. UM, I THINK THIS WILL SATISFY SOME OF OUR CITIZENS WANTING TO HAVE SOME FAMILY TIME AND HOPEFULLY SURROUNDING AREAS. UM, ARE THERE ANY OTHER THINGS THAT MIGHT PUSH IT? ARE THERE ANY, LIKE, PERMITTING THAT WE'RE WAITING ON FOR HEALTH OR ANYTHING LIKE THAT? NO, THAT'S A, THAT'S A GOOD QUESTION. I'LL RUN, I'LL RUN DOWN THROUGH THAT. WE'VE, WE'VE MET WITH FIRE ALREADY. THEY'VE, UH, THEY'VE GAVE US THEIR LIST AND THEY'VE BASICALLY GRANT US, GRANTED US SORT OF A TCO SO WE CAN START TRAINING. THAT'S WHERE WE'RE AT RIGHT NOW. MET WITH HEALTH ALREADY, UH, LAST WEEK. WE'RE GONNA MEET WITH HIM AGAIN TOMORROW. WE'VE GOT HIS LIST READY TO GO. SO WE FEEL CONFIDENT THERE. UM, WE DON'T FEEL LIKE WE HAVE ANYTHING RIGHT NOW THAT'S, WE'VE, WE'VE PASSED ELECTRICAL FINAL, UH, MECHANICAL FINAL, AND WE HAD ONE ISSUE. IT WAS ON PLUMBING THAT WAS, UH, A DISHWASHER RELATED ISSUE THAT WE, WE RESOLVED THE NEXT DAY. SO THAT SHOULDN'T BE AN ISSUE. SO WE FEEL REALLY GOOD ABOUT THAT. CO YOU KNOW, THIS WEEK PUSHING FOR THAT CO THIS WEEK AND THEN PUSHING FOR, UH, FIRST BIP ON THE 19TH OF NEXT WEEK. SO WE'RE REALLY EXCITED. IT CAN BE GREAT TO SEE FOR THAT. 'CAUSE I'M EXCITED FOR THAT. SO, YES. I THOUGHT IT WAS THE 21ST. I THOUGHT IT WAS THE 21ST. SO THERE'S, SO THERE'S, THEY'RE GONNA DO A FRIENDS AND FAMILY. IT'S SORT OF A PRE BUFF. AND THEN THE 21ST IS FOR SURE THE, UH, THE, THE VIP NIGHT. WE'LL DO A COUPLE NIGHTS OF WHERE WE JUST BRING PEOPLE IN AND TRY TO TRY TO WEAR THE STAFF OUT BREAKS. YEAH. AND THEN WE BRING THE BREATH BREAKS UP. EXACTLY. AND WE THEN WE BRING THE VIPS IN ON, ON WEDNESDAY, UH, THE 21ST. SO, UM, PLEASE LET ME KNOW IF, IF WHOEVER NEEDS TO COME TO THAT, I'D BE GLAD TO HOOK EVERYBODY OUT. THAT'D BE FINE. YEAH. DID EVERYONE GET THAT EMAIL? MM-HMM . OKAY, GREAT. GOOD. I WOULD LOVE FOR US TO ALL BE THERE SUPPORTING AND THERE FOR THAT DAY. SO, HEY, WOULD LOVE TO HAVE YOU THERE. AND TO BE HONEST WITH YOU, UH, GET THERE EARLY OR JUST GRAB ME WHEN WE'RE THERE AND WE'LL GIVE SOME BEHIND THE SCENES STUFF AND, AND, UH, TO ANYBODY THAT WANTS TO DO THAT. UM, THERE'S LOTS OF STUFF TO SEE AND LOTS OF STUFF TO DO, BUT DEFINITELY WANT YOU TO COME EXPERIENCE THE IMAX AND THE, AND THE SDX JUST TO, CAN'T EVEN EXPLAIN THE, THE SOUND GIVES ME CHILLS THINKING ABOUT THE, THE SDX, THE, THE DOMY OUTMOST SUBMERSIVE SOUND WAS JUST INCREDIBLE THE WAY THEY GOT IT TUNED RIGHT NOW. SO IMAX IS ALWAYS IMAX, IT'S ALWAYS AWESOME. SO IT'S JUST REALLY GONNA BE GOOD. WHEN IS THE, UH, ARE YOU ABLE TO BUY ADVANCED TICKETS YET? YES. I BELIEVE WE JUST TALKED ABOUT THAT TODAY. I THINK THEY'RE UP FOR SALE RIGHT NOW. 'CAUSE YOU GUYS ARE GONNA HAVE MISSION IMPOSSIBLE, RIGHT? FOR THE HOLIDAY WEEKEND, ? ABSOLUTELY. ABSOLUTELY. I, I BELIEVE THEY'RE BRINGING IT IN FOR VIP NIGHT, BUT DON'T GET ME ON THAT. BUT I THINK, SO THANK YOU FOR BEING SO CONSISTENT AND JUST COMING EVERY MONTH AND GIVING US UPDATES, JUST BEING CONSISTENT AND RELIABLE, AND IT'S JUST BEEN REALLY GREAT. SO WE REALLY APPRECIATE YOU. AND I GUESS THIS IS THE LAST ONE, SO, NO, I APPRECIATE IT TOO. AND I, I'M GLAD WE CAME. I'M GLAD WE CAME TO THESE MEETINGS. I THINK IT'S IMPORTANT. UM, I JUST WANNA REITERATE THAT IT'S JUST BEEN A, A HUGE PLEASURE WORKING WITH THE CITY TOO. THEY REALLY HAVE, UH, BEEN OVER BACKWARDS TO MAKE US GET THROUGH THIS PROCESS. I'VE BEEN TALKING IT UP GOOD. AND A LOT OF PEOPLE ARE REACTING WHAT A THEATER IN HU THEY'RE VERY SURPRISED. SO I THINK IT'S GONNA BE A BIG DRAW. YEAH. I THINK, YOU KNOW, I THINK SO TOO. AND, UH, YOU KNOW, HAVING THE IMAX HERE, LIKE WE TALKED ABOUT, UH, WITH THE 10 MILE RADIUS AND, UH, IT'S JUST GONNA BE A HUGE DRAW. MM-HMM . IT'S PROBABLY GONNA SURPRISE US. YEAH. WE'RE ALL LOOKING FOR THAT SURPRISE, RIGHT? . WE CAN'T WAIT FOR REAL. GREAT. ANYBODY ELSE, MR. THOMPSON? I MEAN, WE TALK. IT'S BEEN GREAT WORKING WITH YOU GUYS. THANK YOU SO MUCH FOR BRINGING THIS TO HU I THINK THE PUBLIC IS EXCITED. UM, YEAH, WE'RE JUST READY TO GET IT GOING, SO CAN'T WAIT TO SEE YOU OVER THERE. ALL RIGHT. SO I HAVE A QUICK QUESTION ABOUT THE, THE SNACKS MM-HMM . AND, YOU KNOW, GIVEN THE STATE THAT OUR COUNTRY IS IN NOW, LIKE REFOCUSING ON HEALTHY FOODS AS WELL, IS THAT SOMETHING THAT YOU'VE INCORPORATED INTO THE MENU? YEAH, WE HAVE, UH, WE BROUGHT IN BLUE ORBIT, WHICH IS OUR, OUR MENU AND, UH, CULINARY, UH, UM, GUIDE GUIDANCE PEOPLE. THEY'RE HERE ACTUALLY NOW TRAINING US NOW. THEY HAVE A BIG GROUP IN HERE. THEY CREATED OUR MENU AND, UH, AND OUR, UM, HOW WE PUT THAT MENU TOGETHER AND HOW WE, HOW WE EXECUTE THAT MENU. RIGHT. AND SO IT'S REALLY GREAT FOOD. WE DID A TASTING A COUPLE WEEKS AGO, AND IT'S JUST FABULOUS. I, I COULDN'T BE MORE IMPRESSED WITH [00:15:01] THE FOOD. UM, THE BURGERS ARE ALL, ARE ALL, UM, HAND DONE, BUT THE PIZZAS ARE FABULOUS. EVERYTHING ON THE MENU NOW IS JUST REALLY GOOD. I CAN'T WAIT FOR YOU GUYS TO ACTUALLY TRY THAT AS WELL. IT'S REALLY GOOD. SO I THINK AS FAR AS AS HEALTHY FOOD GOES, IT'S AS HEALTHY AS IT'S GOING TO, AS IT'S GONNA GET. RIGHT. MOVIE THEATER. UM, BUT, BUT WE'VE REALLY FOCUSED ON QUALITY OF FOOD, UH, AND I THINK THAT'S WHERE YOU'RE REALLY GONNA HIT IT OUTTA THE PARK. AWESOME. ANY OTHER QUESTIONS, COMMENTS? THANK YOU SO MUCH. THANK YOU ALL. THANK YOU. APPRECIATE YOU. THANK YOU. SEE YOU OVER THERE. YES SIR. CONGRATS. COME FIND ME. THANKS Y'ALL. OKAY. SIX ECONOMIC DIRECTORS REPORT. 6.1 STAFF WILL PROVIDE UPDATES ON CRITICAL PROJECTS, INCLUDING THE MEGA SITES, SPINE ROAD CONSTRUCTION PROJECT, HIGHWAY 79, AND COUNTY ROAD 1 32, INTERSECTION PROJECT, WILLIAMSON COUNTY ECONOMIC DEVELOPMENT PARTNERSHIP EVENT RECAPS AND UPCOMING EVENTS. GREAT. THANK YOU. UH, SO QUICK UPDATE ON THE MEGA SITE, UH, AND I'LL TOUCH ON IT LATER IN THE WILCO EDP UPDATE AS WELL. BUT, UM, I WAS ABLE TO SHOW TWO, UH, SITE LOCATIONS LAST WEEK TO A POTENTIAL COMPANY THAT'S LOOKING TO LOCATE HERE TO CENTRAL TEXAS, SPECIFICALLY WILLIAMSON COUNTY. SO THAT WAS, UH, GREAT TO BE ABLE TO TAKE THEM OUT THERE WITH THE ROAD NEAR COMPLETION. UM, I THINK THAT REALLY DOES A, GOES A LONG WAY FOR SHOWING WHAT'S POSSIBLE AND WHAT TIMELINES CAN BE HIT OUT THERE. NOW THAT THAT INFRASTRUCTURE'S IN PLACE, UM, SPINE ROAD SUBSTANTIAL COMPLETION WAS ACHIEVED TODAY ON SCHEDULE. UM, THE FINAL WALKTHROUGH WITH THE CITY INSPECTION TEAM IS TOMORROW, SO I'LL BE THERE IN THE MORNING WITH THEM GOING THROUGH THAT. GETTING ANY FINAL PUNCH LIST ITEMS IN ORDER FOR IT TO GO TO CITY COUNCIL, UH, JUNE 5TH FOR ACCEPTANCE AS PUBLIC INFRASTRUCTURE, UM, HIGHWAY 79 AND 1 32 INTERSECTION. UH, WE HAD AN UPDATE CALL WITH GARVER AND CITY ENGINEERING LAST MONTH. UH, THEY DID HAVE TO COMPLETE, UH, NEWER REQUIREMENT CALLED AN ICE ANALYSIS, AND IT'S REALLY FOCUSED ON THE SAFETY ELEMENTS OF THE PROPOSED DESIGNS. UM, SO THAT RESULTED IN ANOTHER OPTION, FOR AN AT GRADE IMPROVEMENT. UH, HOWEVER, IT DOES LOOK TO BE THE BEST OPTION WITH REGARD TO WHAT WE WOULD ANTICIPATE TDOT APPROVING BASED ON THE SAFETY ANALYSIS AS WELL AS WHAT WOULD BE ACCEPTABLE TO THE RETAIL TENANTS THAT WE'RE TRYING TO RECRUIT. WE DID SEND THAT OVER TO MIDWAY AND OUR RETAIL OR THEIR RETAIL PARTNER. UM, THEIR INITIAL FEEDBACK WAS POSITIVE. THEY DIDN'T SEE ANY ISSUE WITH IT. THIS SPECIFIC INTERSECTION IS ALREADY IN EXISTENCE AND ANOTHER SHOPPING CENTER IN WILLIAMSON COUNTY, UH, THAT HAS A WALMART AND AN HEB ON, UH, OPPOSITE CORNERS. SO, UH, WE KNOW THAT IT WORKS WELL FOR ACCESS TO RETAIL. SO, UH, WE'RE FEELING POSITIVE ABOUT IT, BUT JUST WE'LL KEEP YOU GUYS UPDATED AS WE PROCEED WITH THAT. UM, WE ARE PLANNING AN UPDATE TO CITY COUNCIL ON THE FIFTH AS WELL, OF JUNE, UM, TO TAKE THAT DESIGN TO THEM FOR SOME FEEDBACK. OH, LET'S SEE. WILCO, EDP. SO WE HAD A SELECT USA SPINOFF EVENT LAST WEEK. THAT WAS A TWO DAY EVENT, THURSDAY AND FRIDAY. UH, IT WAS AN OFFICIAL SANCTIONED EVENT, MEANING SELECT USA, WHICH HAPPENS IN DC IT JUST STARTED ON SUNDAY. SO YESTERDAY THEY, UM, APPROVE AND SANCTION SPINOFF EVENTS TO WHERE THOSE CERTAIN GROUPS OF ATTENDEES TO SELECT USA SPINOFF AND GO TO OTHER COMMUNITIES THROUGHOUT THE COUNTRY. AND WILCO, EDP, UM, APPLIED FOR ONE OF THOSE AND WAS APPROVED. SO WE HAD SIX COMPANIES FROM VARIETY OF COUNTRIES THROUGHOUT THE WORLD. WE HAD SOUTH KOREA REPRESENTED ESTONIA, TURKEY, UM, AND INDIA. SO IT WAS A REALLY NEAT EXPERIENCE TO GET A LITTLE MORE VISIBILITY AND A LITTLE MORE DIVERSITY OF, UM, REPRESENTATION THERE. BUT SPENT TWO DAYS WITH THEM. UH, REALLY POSITIVE OUTCOME. I THINK IT'S A, A MUCH BETTER AND MORE EFFECTIVE, UM, USE OF RESOURCES THAN LIKE OUR FAM TOUR THAT WE TYPICALLY DO EVERY YEAR WITH THEM, WHERE WE BRING IN SITE SELECTORS. I THINK HAVING BUSINESSES REPRESENTED WITH LIKE THEIR CEOS AND THEIR COOS WHO ARE ACTUALLY MAKING THESE THESE DECISIONS IS A LITTLE MORE EFFICIENT AND EFFECTIVE. SO I WAS HAPPY, HAPPY TO HAVE THAT EVENT HAPPEN THIS TIME AROUND. UM, LET'S SEE, EVENT RECAPS. I WAS IN KANSAS CITY WEEK BEFORE LAST FOR OU, EDI, WHICH IS, UM, KIND OF A, AN ARM OF IEDC. AND THEY DO THE EDUCATION AND TRAINING FOR CERTIFIED ECONOMIC DEVELOPMENT PROFESSIONALS. SO, UH, STARTED MY TRAINING FOR THAT, UH, PLANNING TO WRAP THAT THIS YEAR. IT'S A THREE YEAR PROGRAM. I'M TRYING TO GET IT DONE IN ONE AND THEN SIT FOR THE EXAM NEXT JULY. UM, SO GOT THAT FIRST, FIRST GO OF IT COMPLETED WHILE I WAS IN KANSAS CITY. [00:20:01] I ALSO WENT OVER TO LENEXA. I HAD RECEIVED AN ARTICLE, GOSH, LAST YEAR SOMETIME. AND THEY HAD DONE A CASE STUDY ON LENEXA CITY CENTER. SO I SPENT SOME TIME OVER THERE. THEY HAVE A LOT OF CITY FACILITIES LOCATED IN A MIXED USE DEVELOPMENT AREA. SO I THOUGHT IT WAS REALLY A GOOD POINT OF REFERENCE FOR WHAT WE'RE TRYING TO ACHIEVE AT THE COTTONWOOD PROPERTIES SINCE WE ARE MIXING IN SEVERAL CITY USES AND BUILDINGS. SO, UM, SPENT SOME TIME OVER THERE, TOOK SOME NOTES, UM, TOOK SOME PICTURES. SO I'LL BE SHARING THAT WITH THE MIDWAY TEAM AS WELL, JUST TO KIND OF GIVE THEM ANOTHER POINT OF REFERENCES AS THEY'RE LOOKING TO PUT TOGETHER THEIR PLAN FOR THE COTTONWOOD PROPERTIES. LET'S SEE. UH, I WAS ABLE TO PRESENT LAST WEEK TO A REAL ESTATE NETWORKING GROUP. THEY DO A MONTHLY EVENT IN ROUND ROCK CALLED PROPERTY INFORMATION EXCHANGE. AND THEY'VE HAD SEVERAL ECONOMIC DEVELOPMENT ORGANIZATIONS IN WILLIAMSON COUNTY COME PRESENT. SO I WAS ABLE TO PRESENT TO A SMALL GROUP THERE. AND THEN THE GEORGETOWN GROUP HAS ALREADY REACHED OUT TO ASK FOR A PRESENTATION TO JUST TO SEE WHAT'S GOING ON IN HU AND KIND OF WHAT PROPERTIES ARE MOVING AND, UM, WHAT OPPORTUNITIES THERE MIGHT BE TO, TO ENGAGE IN THE COMMUNITY AND, AND GET SOME DEVELOPMENT GOING. SO THAT WAS A, A NEAT OPPORTUNITY. I HADN'T ENGAGED WITH THAT GROUP BEFORE. UH, UPCOMING EVENTS, ICSC, WE LEAVE THIS WEEKEND. WE'VE HAD A COUPLE OF PLANNING MEETINGS, A COUPLE MORE INTERNALLY, BUT WE HAVE MET WITH, UH, BOARD MEMBER MCLAUGHLIN AND BOARD MEMBER GONZALEZ THAT WILL BE ATTENDING AS WELL. UM, GETTING OUR FINAL AGENDA TOGETHER. I DID GET CONFIRMATION TODAY FROM THE RETAIL GROUP THAT WE WILL HAVE A MEETING WITH THEM AND A POTENTIAL TENANT FOR THE COTTONWOOD PROPERTIES ON THAT MONDAY. SO I'M EXCITED TO HAVE THAT OPPORTUNITY TO MEET WITH THAT PARTICULAR TENANT REP AND, UH, JUST ENGAGE AND COMMUNICATE HOW EXCITED WE ARE ABOUT THE OPPORTUNITY TO, TO HAVE THEM IN HUDDLE. SO, UM, WILL MIDWAY, WILL MIDWAY BE THERE? NO, THEIR RETAIL GROUP WILL BE THERE THOUGH. OKAY. ARE THEY GONNA BE MEETING WITH THEM AS WELL? THE RETAIL GROUP? UHHUH. , YEAH. THEY'RE HOSTING THE MEETING FOR US. OKAY. THAT'S HOW WE GOT, HOW WE GOT IN . OKAY. UH, THEN LATER IN JUNE, WE HAVE THE TEDC MID-YEAR CONFERENCE. UH, THAT'LL BE IN DALLAS. AND THEN, UH, THE SOUTH KOREA TRIP WILL BE LATER IN JUNE, UH, WORKING WITH THE WILCO EDP TEAM THAT'S GOING AS WELL, UM, TO BUILD OUT A ROBUST AGENDA AND SCHEDULE FOR MY TIME THERE. I'LL BE FOLLOWING UP WITH THE COMPANY THAT I SHOWED THE MEGASITE TWO LAST WEEK. UH, THEY'VE ALREADY INVITED ME TO THEIR CORPORATE OFFICE AND THEIR FACTORY LOCATION, SO I'LL BE ABLE TO GET SOME EYES ON EXACTLY WHAT THEY DO. UM, SO I'M EXCITED ABOUT THAT OPPORTUNITY AS WELL. AND THAT'S, THAT CONCLUDES MY NOTES, SO I'M SORRY. NO, GO AHEAD. UM, THE COMPANY THAT YOU'RE MEETING WITH, UM, ARE THEY, UH, SUPPORTERS OF SAMSUNG? IS THAT NO. OR IS IT COMPLETELY DIFFERENT? OKAY. COMPLETELY DIFFERENT. OKAY. YEAH. WHAT, DO YOU KNOW WHAT INDUSTRY THEY ARE IN, LIKE GENERALLY OR THEY ARE, SAY, UH, I CAN SAY GENERALLY THEY ARE IN, UH, BATTERY STORAGE. GOT IT. MM-HMM . WHEN'S THE, UH, NEXT UPDATE FOR MIDWAY FOR US FOR THEM TO COME PRESENT? UH, I DON'T BELIEVE WE HAVE THAT SCHEDULED RIGHT NOW. WE ARE WORKING TO SCHEDULE, UH, THE MUNICIPAL MANAGEMENT DISTRICT TRAINING OR WORKSHOP THAT THE SUBCOMMITTEE WAS ABLE TO ENGAGE IN. IT SOUNDS LIKE THERE WAS POSITIVE FEEDBACK FROM THAT SUBCOMMITTEE. SO THAT IS, UM, SOMETHING THAT MIDWAY WOULD LIKE TO INCLUDE IN THEIR PROPOSAL, BUT I RECOMMENDED THAT THE FULL BOARD GET THAT PRESENTATION AS WELL AS CITY COUNCIL. UM, JUST BECAUSE IT WOULD BE THE FIRST MMD IN HURO. AND I THINK IT'S IMPORTANT THAT BOTH BODIES UNDERSTAND THE DETAILS AND HAVE AN OPPORTUNITY TO ASK QUESTIONS AND GET FAMILIAR WITH IT BEFORE IT COMES IN A FORMAL AGREEMENT THAT MM-HMM . THAT WOULD BE SIGNED. SO, UH, WORKING ON THAT OPPORTUNITY RIGHT NOW. JOINT WORKSHOP. YEAH. SOME KIND OF JOINT WORKSHOP. UH, WE WERE GONNA TRY FOR THE FIFTH. THE FIFTH WAS GONNA BE OUR NIGHT. Y'ALL AT CITY COUNCIL. UH, BUT THERE'S ANOTHER, UH, WORKSHOP THAT'S ALSO, UH, I THINK IT'S THE UDC UPDATE IS THE WORKSHOP THAT THEY'RE DOING THAT NIGHT. SO, UH, WE MAY HAVE TO DO A SPECIAL CALL JOINT OR TRY TO FIGURE OUT SOME OTHER TIME. I KNOW WE'RE GONNA START HITTING SOME BUDGET WORKSHOPS COMING UP TOO. SO I'M TRYING TO BE SENSITIVE TO EVERYBODY'S TIME. BUT I DO THINK THAT'S A REALLY IMPORTANT THING THAT, THAT BOTH BODIES UNDERSTAND AS FULLY AS POSSIBLE BEFORE APPROVING OR OR CONSIDERING THAT. WILL THE MM MMD UH, BE DONE THROUGH THE LENS OF TCEQ OR LEGISLATIVE FIAT? UH, I BELIEVE THEY'RE GONNA GO THROUGH TCEQ. OKAY. YEAH, I THINK WHEN WE DISCUSSED IT, THAT WAS THE, THE PATH OF LEAST RESISTANCE AND, AND MOST EFFICIENT. SO, UM, I HAVE A QUICK QUESTION. THE ROCO, UM, EDP [00:25:01] SELECT USA MM-HMM . I THINK THE, YOU TALKED ABOUT THE COUNTRIES. CAN YOU MENTION POSSIBLY LIKE WHAT OTHER VERTICALS, LIKE WERE THERE OTHER TYPES OF INDUSTRIES, UM, THAT WERE REPRESENTED BY THOSE COUNTRIES? OR ARE THOSE ALSO SAMSUNG SUPPORTERS? YEAH, NO, THEY'RE, THOSE A WIDE VARIETY. SO WE HAD, UM, I THINK ONE OF THE MOST UNIQUE THAT I'VE SEEN THUS FAR WAS OFFICE FURNITURE. SO THEY MANUFACTURE MODULAR FURNITURE THAT CAN BE USED IN OFFICES, COWORKING SPACE, EVENT CENTERS, THINGS LIKE THAT. UM, SO THAT WAS REALLY INTERESTING. SO THEY'RE LOOKING FOR A SHOWROOM AND THEN ALSO MANUFACTURING AND DISTRIBUTION. SO, UH, THAT WAS REALLY AN INTERESTING ONE. UM, ANOTHER GENTLEMAN HAS, UH, IS OWNERSHIP OR IS AN OWNER OF MULTIPLE COMPANIES. AND ONE OF THOSE WAS A LOGISTICS COMPANY. SO LOOKING AT WAREHOUSING AND LOGISTICS. UM, ONE OF THEM IS AN AI. UM, UH, IT'S A LITTLE COMPLICATED AND I AM STILL RESEARCHING SOME OF IT 'CAUSE WE DIDN'T GET THE LIST UNTIL THAT DAY. SO, UM, THEY WORK IN AI AND THEY DO SOMETHING SIMILAR TO, UM, I THINK THEY SAID THEY DO, UM, SERVER, UH, MANUFACTURING. SO THEY MANUFACTURE THE SERVERS THAT GO INTO DATA CENTERS AND THEY'RE SEEING AN UPTICK OBVIOUSLY BECAUSE OF THE AI COMPONENT. AND THEN THEY ALSO DO SOME KIND OF AI MARKETING AS WELL. SO SOME OF THESE COMPANIES ARE MULTIFACETED, BUT THAT WOULD BE THE, THE COMPANY, THE PORTION THAT WE WOULD BE, UH, POTENTIAL SITE FOR. YEAH, THAT'S ENCOURAGING. THANK YOU. YEP. ONE MORE QUESTION ABOUT MIDWAY. UM, DO THEY HAVE, ARE THEY WORKING ON THEIR PRELIMINARY MASTER PLAN? ARE THEY STILL WAITING ON THE 79 1 32? THEY'RE NOT WAITING. THEY'VE MADE SEVERAL UPDATES. OKAY. UM, SO I'LL HAVE AN UPDATED CONCEPT PLAN FOR YOU. IT IS CONFIDENTIAL 'CAUSE IT'S STILL A DRAFT AND UM, THEY'RE STILL MODIFYING SOME OF THAT RIGHT NOW. UM, BUT I'LL SHARE THAT WITH YOU GUYS. I THINK THIS IS THE FOURTH UPDATE. UM, SO WE CAN TAKE A LOOK AT THAT. IS THAT GONNA BE THE SAME THING THAT WE SAW IN THE SUBCOMMITTEE MEETING, OR IS UH, I BELIEVE IT CHANGED AGAIN. BELIEVE IT HAS CHANGED A LITTLE BIT. I THINK THERE'S SOME MORE DETAIL AROUND, I THINK THE SIZE OF THE RETAIL COMPONENT HA IS LARGER, UH, THAN THE ONE WE SAW LAST. RIGHT. AND THEN IT HAS A LITTLE MORE CLEAR DEFINITION FOR THE, UH, MEDICAL USE AND TOWNHOMES ON THAT NORTHERN UH, TRACT. RIGHT. OKAY. SO I'M CURIOUS, UM, IF YOU ARE ALREADY TALKING TO PEOPLE THAT ARE WORKING ON AI MM-HMM . CAN YOU TALK TO ANY OTHER COMPANY THAT OFFERS LIKE AI SECURITY OR ANY OTHER TYPE OF UH, YEAH, ABSOLUTELY. AND SO, UH, JUST FOR SOME ADDITIONAL CONTEXT, ANYTIME THAT WE START TO ENGAGE WITH A POTENTIAL COMPANY TO LOCATE HERE IN HURO OR EVEN EXPAND, THIS IS PART OF WHAT EMILY DOES ALSO TO OUR BRE, BUT WE ALWAYS ASK ABOUT THEIR NETWORK. SO WE WANNA KNOW WHO ELSE WOULD WANT TO BE LOCATED NEXT TO YOU, WHO ELSE WOULD IT BENEFIT YOU TO BE NEXT TO? UH, SO WE START ASKING THOSE QUESTIONS AND TRYING TO FIGURE OUT WHO THEIR SUPPLIERS ARE SO THAT WE CAN GET THAT INTEGRATION, UM, AND KIND OF CREATE THAT ECOSYSTEM FOR THEM TOO. JUST MAKES THEM MORE SUCCESSFUL AND BRINGS MORE OPPORTUNITY. EXACTLY. MM-HMM . BECAUSE IT'S ONE THING TO BRING SOMEONE WHO DOES SERVE THE AI INDUSTRY, BUT IT IS, THERE ARE COMPONENTS TO MAKE IT HUGELY SUCCESSFUL AND WE CAN'T OVERLOOK THAT. MM-HMM . GIVEN THE, UH, CHALLENGES OF ENCORE RIGHT NOW, ARE THEY GIVING YOU ANY, WHAT'S YOUR COMMUNICATION WITH ENCORE AND THE ABILITY TO SUPPLY POWER TO SOME OF THESE? SURE. SO, UH, THE LAST MESSAGE THAT WE GOT FROM ENCORE, OUR POSITION WAS THAT REALLY JUST THESE MEGA USERS ARE THE ONES THAT THEY'RE KIND OF TAKING A PAUSE ON. SO REALLY OUR DATA CENTER, OR IF THERE WAS A HIGH POWER USER MANUFACTURING OR SOMETHING LIKE THAT, THAT WOULD UH, BE KIND OF A A, IT WOULD CAUSE A DELAY, UH, IN THEIR ABILITY TO, TO STAND UP. BUT THE TRADITIONAL MANUFACTURING, THE TRADITIONAL, UM, INDUSTRIAL DEVELOPMENT, THEY'VE NOT INDICATED THAT THERE'S ANY, UM, SLOWDOWN TO THEIR ABILITY TO SERVE THOSE. IT'S REALLY THE LARGE MEGAWATT USERS THAT THEY'RE TAKING THEIR TIME WITH. YEAH. 'CAUSE WHAT I'M READING ABOUT THE AI IS IT, IT'S A BIG ENERGY USER. MM-HMM . I KNOW I HAD DINNER WITH, UH, LEE FROM PROLOG THIS WEEKEND. AND SAME, SAME ISSUES. THEY'RE JUST NOT SURE MM-HMM . WHEN THEY'RE GONNA GET THE ENCORE TO COME IN AND DO SOME MORE SUBSTATIONS. SO IT COULD CAUSE SOME LIMITATIONS IF WE DON'T ADDRESS IT UP FRONT. SO IT'S GOOD THAT YOU MENTIONED THAT. WELL, WE DON'T DRIVE ENCORE, BUT THAT'S A CONCERN. TEXAS, IT WOULD BE TEXAS IMPORTANT FOR US TO UNDERSTAND WHAT OTHER CAPACITIES COULD WE COULD, WOULD IT BENEFIT US TO GET THEM TO COME TO A MEETING TO COME, I MEAN, DO WE HAVE ANYTHING WAY THAT WE [00:30:01] COULD GET THEM ON AN AGENDA TO COME TALK TO THEM OR? YEAH, I CAN ASK THEM TO COME PRESENT JUST TO GIVE AN UPDATE ON WHERE THEY'RE AT IN THEIR PROCESS AND KIND OF WHAT THE TIMELINE LOOKS LIKE FOR WHEN THEY'LL START ISSUING F FES AGAIN. YEAH. FOR THOSE OFF PROJECTS, JUST THAT WAY WE CAN SPEAK TO, YOU KNOW, WE CAN SPEAK INTELLIGENTLY ABOUT, YOU KNOW, FROM THE HORSE'S MOUTH SORT OF SCENARIO. YEAH. HAVE YOU HAD ANY CONVERSATIONS WITH, UH, REPRESENTATIVE HARRIS ABOUT THE T STOCK AND ROADS AND STUFF? MM-HMM. I'VE NOT. SHE SITS ON THAT COMMITTEE, UH, AT, AT THE CAPITOL, SO MIGHT NOT BE A GOOD, A BAD IDEA TO KIND OF TOUCH BASE WITH HER. OKAY. LET HER KNOW SOME OF THE CHALLENGES WE'RE HAVING ON THE 79. ANY OTHER QUESTIONS ABOUT THE ECONOMIC DIRECTOR'S REPORT? NO. OKAY. UM, NUMBER SEVEN, AGENDA ITEM 7.1, DISCUSS AND CONSIDER ACTION TO APPROVE CORPORATION'S MONTHLY FINANCIAL REPORT FOR APRIL, 2025. GOOD EVENING BOARD. CHRISTINA BISHOP, CITY CONTROLLER. I SENT OUT THE APRIL FINANCIALS VIA EMAIL THIS WEEKEND. UM, JUST A COUPLE OF HIGHLIGHTS I'M GONNA TOUCH ON, 'CAUSE I KNOW WE'RE GONNA GET INTO A LOT OF FINANCE MEET ON THE NEXT ITEM. UM, SO APRIL, WE HAD ANOTHER STRONG MONTH OF SALES TAX COLLECTIONS. UH, IT WAS THE SECOND HIGHEST IN CITY'S HISTORY. I KNOW WE DISCUSSED LAST TIME, UH, WE HAD THE HIGHEST TWO MONTHS AGO THAT WAS DUE TO, UM, BASICALLY HOLIDAY SPENDING THIS MONTH. WE HAD REALLY STRONG COLLECTIONS BECAUSE THERE WAS, UH, WHAT I, WHAT LOOKS LIKE A ONE-TIME EQUIPMENT SALE THAT WAS MADE ONLINE. SO SADLY WE CAN'T GET TOO EXCITED THAT THIS IS A, UM, ONGOING THING MOVING FORWARD. BUT I DID WANNA, UH, BRING THAT TO YOUR ATTENTION. UM, THE OTHER THING I JUST WANNA MENTION IS, RIGHT NOW YOUR REVENUES EXCEED EXPENDITURES BY $1.2 MILLION, BUT YOU DO HAVE TWO VERY LARGE INCENTIVE PAYMENTS COMING UP WITHIN THE NEXT MONTH OR TWO BEING, UH, PROJECT V AND NQ TWO, WHICH ALL SAID AND DONE SHOULD BE CLOSE TO A MILLION DOLLARS. SO, UH, THINGS WILL START TO STABILIZE A LITTLE BIT MORE IN THE, UH, REVENUES AND EXPENDITURE SIDE. SO THAT'S ALL I HAVE FOR NOW, BUT I'M HAPPY TO OPEN IT UP FOR QUESTIONS. THERE WAS ONE CHECK THAT I SAW IN THE WELLS FARGO STATEMENT FOR 180, A HUNDRED, EXCUSE ME, 842,000. AND I DIDN'T SEE WHERE THAT REFLECTED IN THE ACCOUNT SUMMARY. OH, THAT WAS, UH, JORDAN FOSTER. OKAY. YEP. THANK YOU MS. BISHOP. REMIND ME AGAIN WHAT DOUBTFUL ACCOUNTS ARE. OH, DOUBTFUL ACCOUNTS ARE, UM, IF YOU, UH, WITH THE SMALL BUSINESS LOANS, UH, OUR AUDITORS BASICALLY SAID, HEY, WE DON'T KNOW IF YOU'RE ACTUALLY GONNA COLLECT ALL THIS MONEY BACK. SO WE ARE GOING TO SAY, HEY, YOU HAVE THIS RECEIVABLE ON YOUR BOOKS, BUT WE'RE ALSO GONNA HAVE SORT OF A LINE THAT'S OFFSETTING, UM, JUST IN CASE YOU DON'T COLLECT IT. WE DON'T WANNA, WE DON'T WANNA OVERINFLATE YOUR ASSETS ESSENTIALLY. OKAY, THANK YOU. YEAH. YEAH. I SAW TWO CHECKS THAT WENT OUT AND CAME BACK AND JUST WONDERING WHAT THAT WAS ABOUT. UH, YEAH, SO CHENEY ASKED ABOUT THAT. SO THAT'S POSITIVE PAY. AND SO WHAT HAPPENS IS, UH, WHEN WE ISSUE CHECKS, WE SEND, UH, A FILE TO THE BANK THAT SAYS, THIS IS WHO THE CHECK'S SUPPOSED TO BE MADE OUT TO THE NUMBER, UH, THE CHECK NUMBER, CHECK AMOUNT, DATE. AND IF FOR SOME REASON THE BANK CATCHES IT AND IS LIKE, I DON'T KNOW ABOUT THIS CHECK, THIS DOESN'T LOOK RIGHT. SO WHAT HAPPENED IN THIS CASE, AND I'M GONNA USE AN EXAMPLE, IS, UM, THE FILE WAS UPLOADED AND IT SAID, JUST FOR EXAMPLE, THE FILE SAID CHENEY GAMBOA A PAYABLE TOO, BUT INSTEAD THE ACTUAL CHECK SAID CHENEY GAMBOA, DIRECTOR OF ECONOMIC DEVELOPMENT. IT GETS FLAGGED AND REJECTED. WE'VE PUT A CONTROL IN PLACE THIS MONTH BECAUSE THIS IS LIKE THE SECOND OR THIRD TIME THIS HAS HAPPENED. UH, WE'RE, WE'RE GONNA HAVE A STAFF MEMBER WHO GETS EMAILED FOR THESE EXCEPTIONS AND THEY'LL GO INTO THE BANK AND MANUALLY REVIEW IT AND SAY, NO, THIS IS ACTUALLY A GOOD CHECK. PAY IT PLEASE. BECAUSE THERE'S BEEN A FEW TIMES WE'VE HAD TO COME TO YOU AND SAY, HEY, THIS CHECK GOT RETURNED. THAT'S WHY IT HAS CAUGHT SOME BAD CHECKS, ESPECIALLY ON THE CITY SIDE BEFORE. SO IT IS A GOOD THING. BUT YEAH, WE'RE, WE'RE TAKING STEPS TO PREVENT THAT. OKAY. SO THAT'S THAT THOUSAND DOLLARS, A THOUSAND DOLLARS 225 ON THE 14TH? I BELIEVE IT'S THE TERRACON CHECK. YEAH, IT'S A TERRACON CHECK IN A, UM, LIKE WILCO EDP OR SOMETHING LIKE THAT TOO. THE OH, THE WILCO EDP. THAT ONE, UH, THAT CHECK JUST GOT LOST IN THE MAIL. UM, AND SO WE REISSUED THAT ONE. REISSUED IT. YEAH. SO WE SIGNED THESE TWO CHECKS TONIGHT. I ASSUME THE ORIGINAL CHECKS ARE TORN UP SOMEWHERE? YES. THE, THE BANK IS A HUNDRED PERCENT NOT GOING TO HONOR THOSE. OKAY. SO WE'RE DOING HARD COPY CHECKS AND NOT ELECTRONICALLY. CORRECT. THIS WAS, UM, A REQUEST BY THE BOARD MAYBE A COUPLE OF YEARS AGO. UM, THEY HAD MAYBE INTERNAL CONTROL CONCERNS, SO I SAID, IT'S FINE, WHATEVER YOU GUYS ARE COMFORTABLE WITH. AND THE STANCE AT THAT POINT WAS ISSUING CHECKS AND HAVING THEM PHYSICALLY SIGN OFF INSTEAD OF SOMEONE ON STAFF GOING INTO THE BANK AND DOING [00:35:01] DIGITAL PAYMENTS. SO THIS IS SOMETHING WE, WE CAN ALWAYS OPEN UP AND ADDRESS. I THINK, UH, PREVIOUS BOARD MEMBERS HAD STARTED A FINANCE COMMITTEE THAT THEY WERE GOING TO WORK ON FINANCIAL POLICIES, BUT I DON'T THINK ANYONE ON THAT COMMITTEE IS ON THIS BOARD ANYMORE. SO THIS BOARD PREVIOUSLY GOT OUT OF THE ELECTRONIC. OKAY. CORRECT. IT MIGHT BE WORTH BRINGING BACK MADAM CHAIR. I WOULD SAY IF WE WERE GONNA DO IT BY SNAIL MAIL, THAT WE WOULD CERTIFY THEM THE SIGNING PROCESS IN THE EVENT THAT TO MINIMIZE THE EVENT OF IT BEING LOST. RIGHT. YEAH. WE HAVE, UM, PROBABLY FEW ENOUGH CHECKS IS WHERE THAT'S A REASONABLE REQUEST, BUT I'D AGREE THAT PROBABLY WE SHOULD REVISIT BECAUSE IT SEEMS VERY INEFFICIENT. HOW IS THE CITY CURRENTLY DOING IT? OH, SO WE, WE DO DO A, WE DO A CH PAYMENTS, UM, AND CHECKS DEPENDING ON THE VENDOR'S PREFERENCE. AND SO FOR EDC, WE'RE ONLY DOING CHECKS? THAT'S CORRECT. OKAY. SO YEAH, FOR FUTURE AGENDA END WE CAN REVIEW FINANCIAL PROCESS. WE'RE LINE THAT GIVING HER A CREDIT CARD TONIGHT. YEAH. , DOES ANYBODY ELSE HAVE ANY QUESTIONS ABOUT THE FINANCIAL STATEMENT? GREAT JOB. UM, JUST ONE MORE QUESTION. IS THIS, IS THIS INCLUDING LIKE A LAND SALE? UH, YEAH, THE BUDGET REPORT HAS, UM, ALL OF THE BUDGETED LAND SALES, I THINK ALL FOUR THAT WERE UNDER CONTRACT AT ANY POINT BUDGETED THIS, UH, FISCAL YEAR. YEAH. AND ON THAT TOPIC TOO, I THINK FOR THE JUNE MEETING WE'LL UPDATE CASH FLOWS TO BETTER REFLECT 'CAUSE WE'VE HAD SOME EXTENSIONS AND SOME THINGS MOVE. AND THEN ALSO NOW THAT WE KNOW THE DATE, WE ANTICIPATE THE DATE OF, UH, COUNCIL ACCEPTING THE INFRASTRUCTURE FOR THE SPINE ROAD THAT TRIGGERS CLOSINGS FOR, UM, AT LEAST ONE IF NOT TWO OF THE CONTRACTS THAT ARE OUT THERE RIGHT NOW. SO, UM, WE'LL UPDATE THOSE. THAT WAY YOU GUYS CAN SEE A MORE REALISTIC VIEW THAT'S APPROACH FORWARD WE GETTING EXACTLY. MM-HMM . OKAY. YEAH. ALL RIGHT. ANYTHING ELSE? I THANK YOU. OOPS, I CLOSED IT OUT. SO ARE WE GOING TO APPROVE, HAVE A MOTION ON THE FLOOR TO APPROVE THE CORPORATION'S MONTHLY FINANCIAL REPORT CHAIR? I MOVE, WE, UH, ACCEPT THE APRIL, UH, FINANCIAL REPORT. I'LL SECOND IT. OKAY. I HAVE A MOTION, UM, BY VICE CHAIR MATT MITTEN AND SECONDED BY TREASURER HENRY GIDEON. ANY OTHER DISCUSSION ON THIS ITEM? UM, CAN YOU CALL VOTE PLEASE FOR MEMBER MCLAUGHLIN? AYE. BOARD MEMBER THOMPSON AYE. TREASURER. GIDEON AYE. SECRETARY OWENS AYE. VICE CHAIRMAN MINTON AYE. CHAIR CLANCY AYE. BOARD MEMBER GONZALEZ. AYE. MOTION PASSES. SEVEN. OH, OKAY. 7.2. DISCUSS AND CONSIDER ACTION REGARDING RESOLUTION R DASH 20 25 1 21 TO APPROVE THE PROPOSED FINANCIAL YEAR 2026 BUDGET OF THE TYPE A AND TYPE B CORPORATIONS. ALRIGHT, THAT'S DO. ALRIGHT. THANK YOU. UH, SO THIS WAS SENT OUT FOR Y'ALL'S REVIEW, UH, AND I DID INCLUDE QUITE A BIT OF NOTES AND CONTEXT IN THE EMAIL AND THEN ALSO PROVIDED THE COLUMN IN HERE, UM, FOR SOME FY 26 PLANNING NOTES. SO, UM, I THINK JUST TO SHARE A FEW THINGS HERE FOR, FOR THE RECORD, , UM, WANTED TO SHARE, UM, THE YEAR OVER YEAR CHANGE FOR THE BUDGET IS A DECREASE OF 8.75% FROM THE FISCAL YEAR 2025 BUDGET. THERE ARE SEVERAL NEW ITEMS ADDED, UH, WITH EXPLANATION THERE, BUT THERE WERE A LOT OF THINGS THAT WERE EITHER ONE TIME EXPENSE, SOMETHING THAT GOT DISCONTINUED, UM, OR WAS ABLE TO BE REDUCED, UH, IN ORDER TO ACCOMMODATE THOSE NEW ITEMS. AND THEN SOME OBVIOUSLY WITH THE YEAR OVER YEAR DECREASE, UM, I ALSO PER LEGAL'S GONNA HAVE TO HELP STATE LAW, THE ROUTINE AND DISCRETIONARY DESIGNATION. OKAY. SO THAT'S INCLUDED HERE. SO THAT'S PART OF WHY I DIDN'T SEND IT OUT IN CLEAR GOV IS BECAUSE THERE'S NOT A GOOD WAY IN CLEAR GOV TO INDICATE ROUTINE AND DISCRETIONARY. AND I HAVE TO DO THAT FOR YOU GUYS. . UH, SO EXCEL, IT IS, UH, THIS IS ALSO A MUCH EASIER FORMAT, I THINK THAN CLEAR GOV TO ACCESS AND BE ABLE TO NAVIGATE. SO, UM, THERE AGAIN, WHY, WHY EXCEL FOR THIS ONE? UM, THEN WANTED TO SHARE, UH, JUST TO CLARIFY, YOU'LL SEE ON [00:40:01] HERE, SORRY, I KEEP MOVING AWAY FROM THE MIC. THAT'S NOT HELPFUL. UM, THE BOLD LINES ARE THE ACTUAL LINE ITEM AND THEN THE SUBSEQUENT LINES BELOW IN REGULAR TEXT ARE THE SUBLINES WITH EXPLANATION AND DESCRIPTION THAT FEED INTO THAT BOLD LINE ITEM. SO, UM, JUST WANTED TO KIND OF NAVIGATE THAT A LITTLE BIT FOR FOLKS. EVERYTHING HIGHLIGHTED IN GREEN IS A NEW PROPOSED EXPENDITURE. AND THEN THERE WERE A FEW HIGHLIGHTED IN RED THAT, AGAIN, EITHER A SINGLE, A ONE TIME EXPENDITURE THAT WE DON'T NEED TO CONTINUE TO BUDGET FOR YEAR OVER YEAR OR SOMETHING THAT I'M RECOMMENDING WE DISCONTINUE, UM, SUCH AS A MEMBERSHIP DOWN HERE. UM, SO SOME OF THOSE THINGS WERE HOLDOVER ITEMS FROM THE BUDGET PREVIOUSLY, UM, DUE TO THE REORG THAT ECONOMIC DEVELOPMENT WAS IMPACTED BY. SO SOME OF THOSE COSTS WE ABSORBED IN BOTH THE EDC BUDGET AS WELL AS THE FUND 10 BUDGET FOR THE DEPARTMENT. SO, UM, MOVING FORWARD WE DON'T NEED TO ACCOUNT FOR THOSE. UM, DO YOU GUYS HAVE ANY QUESTIONS? I'M SORRY, I'M JUST GONNA GO ON AND ON AND I'LL GO THROUGH THIS LINE BY LINE IF YOU LET ME. SO , I GUESS MAYBE I'LL LET YOU GUYS ASK IF THERE'S ANY QUESTIONS OR YOU WANT FURTHER CLARIFICATION ON ANYTHING. THERE APPEARS TO BE SOME CHANGES THAT YOU'RE WANTING TO MAKE WITH SOFTWARE, THE ANNUAL SOFTWARE COST. MM-HMM . I KNOW Y'ALL WERE LOOKING AT SOME DIFFERENT TOOLS. WHERE DO YOU THINK WE'RE HEADED? YEAH, SO, OOH, ARE YOU TALKING ABOUT THE TOURING SOFTWARE? NO, WHAT WAS IT CALLED? START WITH A P PLACER. PLACER, YEAH. SO PLACER AI IS ACTUALLY A, UM, I MEAN IT'S A DECREASE FROM WHAT LINE? 48 U BUT YOUR NOTES, I JUST KIND OF WANTED CLARIFICATION. YEP. SO PLACER AI IS OUR, UH, RECRUITMENT SOFTWARE. SO WE LEVERAGE THAT. WE ACTUALLY HELP, WE USE REPORTING FROM THAT AND SHARE IT WITH THE CHAMBER SO THEY'RE ABLE TO CAPTURE AND AS DO WE FOR DIFFERENT EVENTS FOR THE CITY. UH, 'CAUSE WE SHARE IT WITH PARKS ALSO. UM, SO THEY'RE ABLE TO CAPTURE INFORMATION ABOUT ATTENDEES AT THEIR EVENTS AND THEN THAT INFORMS ONE, THEY CAN SAY, OOH, WE HAD THIS NUMBER OF PEOPLE ATTEND THAT'S UP OR DOWN OVER THE PREVIOUS YEAR. AND THEN MAKE APPROPRIATE PIVOTS FROM THERE. AND THEN SIMILARLY, IT BREAKS IT OUT BY THEIR, UM, ZIP CODE SO THEY CAN SEE, WOW, WE HAD A LOT OF PEOPLE FROM ELGIN AT THIS EVENT THIS YEAR. SO THEN MAYBE NEXT YEAR WHEN WE'RE LOOKING AT OUR MARKETING EFFORTS, MAYBE WE NEED TO REALLY FOCUS ON THAT AREA TO TRY TO GET EVEN MORE PEOPLE OR, OR PEOPLE BEYOND THAT. 'CAUSE IF WE ALREADY KNOW, HEY, ELGIN, PEOPLE ARE MAKING THE DRIVE HERE, SO THEN WHAT'S OUT BEYOND THAT? MAY WE NEED TO ADVERTISE TO GIDDINGS? I DON'T KNOW. SO SOMETIMES SOME INFORMATION LIKE THAT CAN BE GLEANED FROM THOSE REPORTS. UM, SOMETHING ELSE THAT'S REALLY HELPFUL FROM THOSE REPORTS IS THAT IT SHOWS THE VISITOR JOURNEY. SO YOU'LL BE ABLE TO SEE WHERE SOMEONE WAS IMMEDIATELY PRIOR TO THE EVENT AND IMMEDIATELY AFTER. SO AGAIN, FOR MARKETING EFFORTS, CROSS MARKETING. SO IF WE KNOW THAT PEOPLE WHO CAME TO THE CRAWFISH FESTIVAL RIGHT AFTER THEY LEFT HERE, THEY WENT TO WHATABURGER, UM, THEN IF THAT'S AN OPPORTUNITY TO DROP MORE PEOPLE IN AND SAY, HEY, IF PEOPLE ARE GOING TO WHATABURGER, MAYBE THEY'RE GOING THERE BEFOREHAND AND WE SHOULD BE ADVERTISING THERE. OR IF WE KNOW THAT IMMEDIATELY BEFORE THEY ARE AT THE WINE BAR, THEN WE CAN SAY, HEY, WINE BAR, WE HAVE A LOT OF PEOPLE THAT COME STRAIGHT TO THIS EVENT FROM YOUR LOCATION. MAYBE THERE'S A MARKETING OPPORTUNITY THERE TOO. SO JUST HELPS TELL THE STORY OF WHO'S ATTENDING THESE EVENTS. SO THAT'S ONE COMPONENT. THE THING THAT WE USE IT FOR MOST IN ECONOMIC DEVELOPMENT IS OUR VOID ANALYSIS AND LEAKAGE REPORT. SO THE VOID ANALYSIS ALLOWS US TO GEO-FENCE A CERTAIN SHOPPING AREA, REALLY ANY GEOGRAPHIC AREA, BUT IT'S MOST HELPFUL FOR SHOPPING CENTERS. AND IT RUNS AN ANALYSIS, IT COMPARES THAT SHOPPING CENTER TO SIMILAR SHOPPING CENTERS ALL OVER. YOU CAN SET PARAMETERS. SO YOU CAN DO JUST TEXAS, YOU CAN DO ALL OVER THE COUNTRY AND IT'LL SHOW YOU WHAT, UM, WHAT BUSINESSES MIGHT BE MISSING. SO WHAT'S THE VOID IN THAT SHOPPING CENTER? SO IT CAN HELP YOU WITH RECRUITMENT EFFORTS. SO FOR EXAMPLE, IF WE WERE TO DO THAT FOR HANSEN'S CORNER, WE KNOW THAT THERE'S SOME PAD SITES STILL IN HANSEN'S CORNER, SO IT CAN HELP I IDENTIFY OTHER BUSINESSES THAT WOULD BE SUCCESSFUL IN CO-LOCATING IN HANSEN'S CORNER AND THEN HELP US RECRUIT THOSE SO THAT WE HAVE KIND OF A, A DIRECTION TO GO. THE OTHER REPORT THAT I MENTIONED IS THE LEAKAGE REPORT, AND THAT SHOWS US, UM, WHO'S LEAVING HURO AND WHERE THEY'RE GOING. SO IF THEY'RE GOING TO LA FRONTERA TO SHOP AND THEY'RE GOING TO THE DOMAIN FOR ENTERTAINMENT AND THEY'RE GOING TO GEORGETOWN FOR FOOD, WE CAN SEE THAT AND WE CAN SEE WHERE THEY'RE GOING. WE CAN SEE WHAT TIMES OF DAY THEY'RE GOING, WE CAN SEE HOW MANY TRIPS THEY'RE TAKING [00:45:01] PER MONTH, QUARTER YEAR, THINGS LIKE THAT. SO IT HELPS US IDENTIFY WHAT BUSINESSES WOULD BE GOOD TO ATTRACT TO HURO SO THAT OUR RESIDENTS AREN'T LEAVING HURO TO GO DO THOSE THINGS. AND WE PROVIDE LIKE THESE REPORTS TO BUSINESSES THAT WE'RE TRYING TO RECRUIT MM-HMM . UM, TO JUST TO GIVE THEM BACKUP DATA ON WHY IT'D BE GOOD FOR YOU TO BE HERE. YES, YES. YEP. RIGHT. SO I'M CURIOUS TO KNOW AND UNDERSTAND BETTER HOW IS THAT INFORMATION COLLECTED? IS THAT THROUGH THE CELL PHONE? ? YEP. IT'S BLUETOOTH TECHNOLOGY, CELL PHONE DATA. SO WHEN YOU, WHEN YOU SAY, UH, GEOFENCING, THAT'S WHAT YOU'RE REFERRING TO? YEAH. SO IT IT SETS UP A, A GEOGRAPHIC AREA AND THEN IT TRACKS THE CELL PHONES THAT COME IN AND THEY, THERE'S PARAMETERS AROUND IT THAT THEY HAVE TO STAY FOR A CERTAIN AMOUNT OF TIME TO COUNT AS A VISIT. THAT'S HOW THEY MAKE SURE THAT IT'S NOT JUST SOMEONE DRIVING THROUGH THE PARKING LOT IN HANSEN'S CORNER TO GET FROM, YOU KNOW, HERE TO THERE. NOT THAT ANYONE DOES THAT , BUT THAT'S HOW THAT IS TRACKED IS THAT IT HAS TO REMAIN INSIDE THAT GEO-FENCED AREA FOR A CERTAIN AMOUNT OF TIME TO COUNT AS A VISIT. SO WHEN WE SIGN OUR AGREEMENTS WITH OUR PROVIDER, WE'RE AGREEING TO ALLOW THAT USE OF INFORMATION. WELL NO, THEY, THAT'S ALL DONE INDIVIDUALLY. SO ALL THE, ALL THE CELL PHONES THAT ARE TRACKED THAT, THAT'S WHAT I'M SAYING. YEAH, YEAH. SORRY, I THOUGHT YOU MEANT US LIKE AS NOT US. I'M JUST SAYING LIKE WITH OUR PLACER CONTRACT, I WAS NO, NO, NO, YOU TURN IT OFF. SORRY. THAT'S ACCESS. OKAY. JUST CHECK IN. YOU CAN TURN YOUR TRACKING OFF. THIS SOUNDS LIKE IF DON'T WANNA TRACK INFORMATION. HAVE WE USED IT CURRENTLY? IS THERE SOMETHING THAT WE'VE USED THIS INFORMATION? UM, YEAH. IN DEALING WITH, UM, PEOPLE TO BUY LAND OR, YEAH, SO WE'VE DIFFERENT BUSINESSES. YEAH. WE ALSO, YES, AND I'LL ANSWER YOUR QUESTION THEN I'LL ADD ANOTHER THING. SO YES, WE USE IT TO PREPARE FOR ICSE EVERY YEAR, SO THAT WAY WE KNOW BASED ON OUR LEAKAGE REPORT AND OUR VOID ANALYSIS, UM, IF THERE'S RETAILERS THERE THAT WOULD BE A GOOD FIT FOR THOSE SHOPPING CENTERS, THEN THAT'S WHO WE'RE GONNA PRIORITIZE. AND WE'LL TAKE THOSE REPORTS WITH US TO SHOW, JUST LIKE BOARD MEMBER MCLAUGHLIN WAS INDICATING, HEY, OUR REPORTS ARE SHOWING US THIS, YOU'RE OVERINDEXED HERE UNDER INDEX THERE. LIKE WE HAVE THE DEMOGRAPHICS THAT YOU'RE, THAT UM, FIT YOUR, UM, YOUR COMPANY SUCCESSFUL, UM, PERFORMANCE. AND THEN WE ALSO HAVE THESE OTHER COMPANIES THAT YOU TRADITIONALLY CO-LOCATE AND DO WELL WITH. SO YEAH, WE DO USE THEM. I WAS ALSO GONNA POINT OUT, WE ALSO USE TRAFFIC PINS HERE. SO WE'VE ACTUALLY HELPED THAT AS PART OF WHAT INFORMED THE DOWNTOWN STREETS IN ONE WAY ANALYSIS IS THAT WE'RE ABLE TO PUT TRAFFIC PINS IN HERE MUCH MORE EFFICIENTLY THAN HAVING PEOPLE GO COUNT CARS ON ALL THE CORNERS OR TRY TO GET, UM, THAT DATA FROM TXDOT AND THINGS LIKE THAT. ESPECIALLY ON OUR NON-TEXT ROADS, THAT DOESN'T WORK WELL. SO WE'RE ABLE TO DROP MULTIPLE PINS ALL OVER THE TOWN, ALL OVER TOWN AND GET THAT INFORMATION TO ENGINEERING IN THAT CASE, BUT ALSO TO, UM, DEVELOPERS AND, UM, SHOPPING CENTER OPERATORS AND THINGS LIKE THAT SO THEY CAN SEE THOSE NUMBERS, UH, A LITTLE MORE UPDATED AND THEY CAN MAKE SOME DECISIONS ABOUT HOW THEY WANNA, UM, FILL UP THOSE SHOPPING CENTERS. AND ALSO HELPS TELL THE STORY HERE TOO. SO IF WE CAN SHOW THAT THERE'S 80,000 CARS GOING BY A CERTAIN CORNER ON 79, THAT'S A VERY ATTRACTIVE CORNER FOR RETAIL DEVELOPMENT TO GO ON. AND THEN SIMILARLY, WHEN WE'RE TALKING ABOUT THE DOWNTOWN STREETS, THAT INFORMS LIKE, HEY, THESE ARE THE, THE LOWER TRAFFICKED ROADS, SO MAYBE THAT WOULD MAKE MORE SENSE TO DO A ONE WAY THIS WAY. OR WE SEE THAT A MAJORITY OF THE CARS ARE TRAVELING THIS DIRECTION. SO IF THAT'S THE NATURAL PATH OF THINGS AND MAYBE WE CHANGE IT TO A ONE WAY THAT DIRECTION. SO THAT'S ALL THROUGH PLACER. AI DOES ALL THAT. OH YEAH. OKAY, COOL. YEAH, SO IT'S, SO THAT MEANS WE DON'T HAVE, DO YOU NEED SOME WATER? YEAH, SORRY, I HAVE WATER. I JUST GOT SOMETHING CAUGHT IN MY THROAT. SO DO WE DON'T HAVE TO USE THOSE, UM, CORDS THAT THEY PUT ACROSS THE, THEY STILL USE 'EM, BUT THIS IS ANOTHER, ANOTHER TOOL. IT SEEMS LIKE IT WOULD BE A LOT BETTER. I THINK SO. UM, CHENEY, I SAW THE BIO INTERNATIONAL CO CONVENTION AND WANTED TO KNOW, YOU KNOW, WHY, WHY BIOTECH? IS THAT SOMETHING THAT WAS IDENTIFIED AS SOMETHING THAT IS, UM, RELEVANT OR A POTENTIAL IN THIS AREA? UM, YEAH, I JUST WANTED TO KNOW SURE. MORE INFORMATION THERE. SO IN RESEARCHING OPPORTUNITIES TO REACH OTHER TARGET INDUSTRIES, BIO HEALTH AND BIOSCIENCES IS A GROWING INDUSTRY. I MEAN, CENTRAL TEXAS HAS A PRETTY STRONG, UM, REPRESENTATION IN BIOSCIENCE AND WE'VE SEEN SOME PHARMACEUTICAL MANUFACTURING LEADS COME THROUGH, UM, OF LATE. WE ALSO HAVE, UH, SOME REALLY STRONG PROGRAMS OVER IN ROUND ROCK. UM, THE A CC CAMPUS [00:50:01] AND TEXAS STATE CAMPUS ARE BOTH EXPANDING THEIR, UM, HEALTH SCIENCES DIVISIONS. WE'RE ALSO LOOKING TO RECRUIT A MEDICAL CENTER. AND SO HAVING A GOOD ECOSYSTEM OF BIOSCIENCE, UM, COMPANIES AND EMPLOYMENT OPPORTUNITIES, INTERNSHIP OPPORTUNITIES, IT JUST CREATES A MUCH STRONGER ATTRACTION FOR ALL OF THOSE USES. SO I THOUGHT THIS WOULD BE A GOOD OPPORTUNITY TO KIND OF DIVERSIFY WHAT TYPE OF INDUSTRY WE'RE GOING AFTER AND SUPPORT THE TYPE OF INDUSTRIES THAT WE'RE ALSO TRYING TO ATTRACT ALREADY. YEAH. SO I KNOW THE SCHOOL DISTRICT HAS THE, UH, BIOSCIENCE MM-HMM . LIKE 12 KIDS GRADUATED THIS PAST WEEK. SO PARTNERSHIP WITH TEMPLE TEMPLE COLLEGE. YEAH. WELL, AND THAT'S WHAT I WAS GONNA ASK. CAN'T HEAR YOU WITH, WITH, UH, THE UEC CAMPUS MM-HMM . GETTING A MAKEOVER AND WITH, UM, WHAT'S BEING STUDIED AT HU DO ISD IS BIOTECH COMPLIMENTING THAT OR IS THAT SOMETHING THAT WE SHOULD PROBABLY LOOK AT ANOTHER INDUSTRY TO, TO COMPLIMENT? SO I, I HAD, THANK YOU. I HAD THIS CONVERSATION, UH, LAST WEEK WITH, UH, THE CHAMBER AND THE ISD BOTH, AND IT'S, IT'S KIND OF THE CART OR THE HORSE BECAUSE THE CHALLENGE THAT WE HAVE WITH RECRUITMENT IS THAT THEY WANT THE WORKFORCE ALREADY HERE. THE CHALLENGE WITH DEVELOPING THE WORKFORCE IS THAT OUR EDUCATION PARTNERS WANT THE DEMAND ALREADY HERE. AND SO THERE'S NOT REALLY A, A SILVER BULLET A WAY TO BRING BOTH OF THOSE TOGETHER. YOU HAVE TO JUST TRY TO GET ONE TO INITIATE THE OTHER. UM, SO WE DO HAVE A STRONG, UH, HEALTH SCIENCES PROGRAM ALREADY IN THE ISDI THINK WHAT THIS WOULD HELP US ATTRACT IS MORE OF THAT POTENTIAL MANUFACTURING SIDE OF THINGS, R AND D, UM, AND THEN ALSO THE, THE MEDICAL CAMPUS WITH THEIR VARIOUS SPECIALTY BUILDINGS AND THINGS LIKE THAT AS WELL. SO. AND THEN MY LAST QUESTION IS, WITH ALL OF THIS POTENTIAL WITH ROUND ROCK AND WHAT THEY'RE DOING AT U CHECK, IS THIS AN AREA THAT'S BEEN IDENTIFIED AS A PLACE THAT COULD HOUSE THIS TYPE OF ORGANIZATION? OR IS THAT SOMETHING WHERE NOT ONLY WILL WE HAVE TO SELL HUDU, BUT WE'D ALSO HAVE TO SELL, YOU KNOW, ALL OF THE, THE PROGRAMS THAT WE HAVE HERE AND KIND OF PAINT THAT PICTURE AS TO WHY THEY SHOULD COME HERE? I IS THE, I GUESS IS THE DEMAND ALREADY HERE OR IS THAT, WE'RE STARTING TO SEE THAT, AND THAT'S ONE OF THE REASONS I, I WANTED TO PUT THIS ON HERE AS AN OPPORTUNITY BECAUSE WE ARE SEEING, SEEING THOSE PHARMACEUTICAL COMPANIES THROUGH HERE COME THROUGH, UM, MORE THAN I HAD SEEN IN THE LAST 12 MONTHS. UM, BUT THEN ALSO WITH THE GROWTH IN THE PROGRAMS FROM U TECH AS WELL AS TEMPLE COLLEGES PROGRAM. AND THEN, UM, TEXAS STATE CAMPUS EXPANSION IS ALSO INCLUDING THEIR HEALTH SCIENCES DIVISION AS WELL. SO SEEING THAT GROWTH IN THOSE PROGRAMS IN AND AROUND OUR AREA, I THINK MAKES THIS A MORE ATTRACTIVE OPPORTUNITY AS WELL. OKAY. THANK YOU. MM-HMM . YEAH. NO, I LIKE THE DIVERSITY WITH THE, INSTEAD OF DOING THE VEGAS, DOING THE DFW, DOING THE RETAIL LIVE, THE BIO AND THE A PA JUST, I MEAN, WE DON'T KNOW WHAT WE DON'T KNOW. AND IF WE, IF WE DON'T SPREAD OUT A LITTLE BIT, UM, THEN WE MAY MISS OPPORTUNITIES RATHER THAN JUST TRYING TO JUST BE FOCUSED ON THAT ONE RETAIL CONFERENCE. YEAH. THANK YOU FOR THAT. AND I DID NOTATE IN HERE, BUT I'LL JUST SHARE, UM, THE A PA CONFERENCE ACTUALLY CAME FROM MY OU EDI COURSEWORK, BOOMER . UM, ONE OF THE INSTRUCTORS I HAD FOR MY REAL ESTATE DEVELOPMENT AND REUSE CLASS WORKS FOR BARNES AND MCDONALD. AND THEY DO A LOT OF SITE SELECTION AND SITE EVALUATION. AND ONE OF THE QUESTIONS I ASKED HER WAS, HOW DO WE AS ECONOMIC DEVELOPERS CONNECT WITH YOU? BECAUSE IF YOU ARE ENGAGED WITH CLIENTS AND EVALUATING SITES, I WANT TO TALK TO YOU. I DON'T NECESSARILY WANNA TALK TO THE PEOPLE THAT ARE GETTING SENT OUT ON ALL OF THESE, UM, KIND OF COMMUNITY VISITS. 'CAUSE I DON'T KNOW THAT THEY'RE NECESSARILY THE DECISION MAKERS FOR YOU OR THE COMPANY, THE CLIENT COMPANY. SO SHE SAID, YOU KNOW, A MAJORITY OF US HAVE PLANNING EXPERIENCE AND A LOT OF US ARE CERTIFIED PLANNERS AND OUR CEUS ARE DONE AT THESE CONFERENCES, SO THAT'S WHERE YOU FIND US. SO I THOUGHT THAT WAS A GREAT ALIGNMENT. AND TO YOUR POINT, TRYING TO GET OUT THERE AND CONNECT WITH DIFFERENT INDUSTRIES. I MEAN, A COMPANY LIKE BURNS AND MCDONALD REPRESENTS A WIDE VARIETY OF TENANT TYPES AND CLIENTS. AND SO CONNECTING WITH THOSE ACTUAL SITE SELECTOR FOLKS I THINK COULD BE REALLY IMPACTFUL. UM, SOMETHING I'D LIKE TO TALK ABOUT IS UNDER THE BUDGET IT SAYS SMALL BUSINESS PERFORMANCE GRANTS ZERO, AND THEN TO [00:55:01] PROPOSE FOR HISTORIC DOWNTOWN COMMERCIAL PROPERTIES, UM, TWO LINE ITEMS FOR A HUNDRED THOUSAND DOLLARS EACH AND IT MM-HMM . AND CAN YOU GIVE, CAN YOU PAINT A PICTURE HERE? BECAUSE IN THE COMMENTS IT SAYS UP TO 50% MATCH GRANT. UM, AND WE, I THOUGHT WE WENT THROUGH SMALL BUSINESS INCENTIVES AND WHAT THAT LOOKS LIKE. WE SPENT A LOT OF TIME ON, ON THAT FOR THE COMMUNITY. SO IS, IS THIS SUGGESTING THAT WE DON'T GIVE OUT BUSINESS INCENTIVES TO SMALL BUSINESSES ANY LONGER? UH, NO. THAT IS NOT WHAT THAT IS SUGGESTING. UH, SO IF YOU'LL NOTICE THE SMALL BUSINESS PERFORMANCE GRANTS MAINTAINS AT THE A HUNDRED THOUSAND THAT YOU GUYS HAVE DESIGNATED EACH YEAR. MM-HMM . THE ZERO IS THE VARIANCE. YEAH. THE ZERO IS THE DIFFERENCE BETWEEN, SO IT'S THE SAME AS IT WAS LAST YEAR. YEAH. IT'S JUST THE ZERO IS THE VARIANCE. OKAY. AND THEN I'M AND THEN YOU'RE PROPOSING 200. YEAH. FOR ADDITIONAL. UM, AND THE FACADE IMPROVEMENT GRANT, UM, THAT I KNOW WAS, HAS BEEN ASKED FOR CONSIDERATION FROM OUR DOWNTOWN HUDDLE BUSINESS ALLIANCE. UM, I WAS ABLE TO SPEAK WITH, UH, GRACIE FROM THAT GROUP AND, UH, TALKED THROUGH THIS OPPORTUNITY. I KNOW IT'S SOMETHING THAT SHE HAD TAKEN TO CITY COUNCIL. HOWEVER, I KNOW THAT, UH, IN PREVIOUS CONVERSATIONS WITH PREVIOUS LEGAL COUNSEL, UM, THE FACADE GRANT WAS SOMETHING THAT I BELIEVE THE CORPORATION HAD ALSO RUN. SO I DON'T KNOW IF THAT THE ONE FROM THE CITY CEASED BECAUSE THE EDC STEPPED IN AND WAS DOING IT, AND THEN THAT ONE CEASED AND SO NOW NO ONE IS DOING IT. BUT I DID HAVE A LEGAL QUESTION. I WANTED TO MAKE SURE THAT WE'RE ELIGIBLE TO BE DOING THAT, BUT I AT LEAST WANTED TO PUT IT ON HERE. 'CAUSE I DO FEEL LIKE REGARDLESS OF WHERE IT COMES FROM, UH, IF THAT'S SOMETHING THAT THE ECONOMIC DEVELOPMENT TEAM NEEDS TO, TO PROPOSE, THEN WE CAN, BUT I THOUGHT IT WOULD BE BEST SUITED FOR THE CORPORATION. WOULD THAT BE MORE TRADITIONALLY LIKE A MAIN STREET PROGRAM? I DON'T KNOW THAT I'VE SEEN LITERATURE WHERE EDCS DO FACADE IMPROVEMENTS. NO, I DO FACADE. FACADE GRANT PROGRAMS ARE A FUNCTION OF EDCS. THEY ARE. OKAY. YEAH, THEY ARE. I DON'T KNOW THE STATUS OF THE CITIES, SO I CAN'T ANSWER YOUR QUESTION ON WHETHER OR NOT THE CITY'S DOING ONE. BUT I CAN TELL YOU THAT THE EDCS DO FACADE GRANT PROGRAMS. WE DON'T QUALIFY CURRENTLY FOR MAIN STREET. NO, WE, NO, THAT'S THE SHORT ANSWER. THAT WOULD DC NOT A, NOT AN EDC. OKAY. AND THAT WOULD BE A FEDERAL PROGRAM ANYWAYS. NO STATE, STATE AND FEDERAL. HMM. ROLLS DOWN. I DIDN'T KNOW THAT. OKAY. SO WE DO, WE DO, WE CAN ADMINISTER FACADE GRANTS. CAN WE GET A PRESENTATION ON THAT OR IS THAT SOMETHING WE HAVE TO YEAH, I MEAN WE CAN, WHAT WOULD YOU WANT INCLUDED? NOT NOW. I MEAN, YOU'RE SUBMITTING THIS IN THE BUDGET, BUT WE WE'RE GONNA NEED TO BE EDUCATED ON HOW IT CAN BE, OR I WILL MM-HMM . BE EDUCATED ON HOW WE CAN USE THAT. YOU'RE GONNA BE, YEAH. I MEAN, MY QUESTION, I, I HAVE A SIMILAR QUESTION. SO I WAS LOOKING AT THE ACTUAL NUMBER AND I'M LIKE, WAS THAT JUST A, OH, A HUNDRED THOUSAND DOLLARS SOUNDS GOOD, KIND OF THING? OR WAS THAT SOMETHING THAT WAS DONE IN THE PAST THAT WE'RE JUST TRYING TO REKINDLE? OR IS THAT AN AVERAGE SPEND FOR EBCS OF OUR SIZE? I MEAN, LIKE, WHERE DID THAT NUMBER KIND OF COME FROM? SURE. SO ONE, I WAS TRYING TO KEEP OUR BUDGET AT OR BELOW OUR PREVIOUS YEAR'S BUDGET. UM, TWO, IT BEING THE FIRST YEAR. WHAT I DIDN'T WANNA DO IS OVERLOAD EITHER ONE OF THESE BUCKETS AND THEN ONLY SPEND A SMALL FRACTION OF IT, BECAUSE THAT SHOWS ME THAT THE PROGRAM EITHER IS NOT VALUABLE OR PEOPLE DON'T KNOW ABOUT IT. SO EITHER WAY, WE'RE NOT DOING A GOOD JOB WITH IT. UM, SO I THOUGHT A HUNDRED THOUSAND DOLLARS FOR THE FIRST YEAR, UM, PER THE TERMS THAT ARE, ARE SET UP IN HERE, UP TO 50% MATCHING GRANT MAXIMUM OF 25,000. SO, EFFECTIVELY THAT, UM, PROPERTY OWNER COULD SPEND $50,000 AND GET MATCHED THE, THE 25,000 BACK EFFECTIVELY. SO $25,000 WOULD GIVE US AN OPPORTUNITY TO, TO HELP FOUR BUSINESSES DOWNTOWN IMPROVE THEIR FACADES. SO I THOUGHT THAT WOULD BE A STRONG NUMBER GIVEN THE NUMBER OF STOREFRONTS THAT WE HAVE AND PROPERTY OWNERS, BECAUSE THIS WOULD NOT BE SOMETHING THAT THE TENANTS WOULD UNDERTAKE. IT WOULD BE THE PROPERTY OWNER. RIGHT. 'CAUSE THE TENANTS AREN'T ALLOWED TO MAKE IMPROVEMENTS. THEN THERE'S TWO, THERE'S LIKE THE ONE, THERE'S LIKE, THERE'S TWO LINE ITEMS FOR THAT. A HUNDRED THOUSAND DOLLARS FOR THE, OH, THE OTHER ONE'S FIRE SUPPRESSION. I'M SORRY. YEAH, GO AHEAD AND YEP, GO AHEAD. SORRY. I JUST WANTED TO MENTION, UM, THE PRIOR BOARD'S CONCERN WITH THAT WAS THAT WHAT ARE WE, HOW'S THAT BENEFITING THE TAXPAYERS? YEAH. SO WE WEREN'T WANTING TO, YOU KNOW, HELP OUT WITH THE FACADE OF THE BUILDING AND THEY CAN GO AND SELL IT AND GET MORE MONEY OUT OF IT. YEAH. AND IT'S NOT REALLY HELPING INDIVIDUAL TECH. I MEAN, UM, CITIZENS, RIGHT? SO HOW ARE WE HELPING CITIZENS BY GIVING MONEY TO REVAMP SOMEBODY'S PERSONAL BUSINESS OR PERSONAL SPACE, OR BUILDING THAT THEY OWN? YEAH. I THINK THE, THE THOUGHT THERE IS THAT, UH, LOOKS MATTER WHEN [01:00:01] IT COMES TO A DOWNTOWN AND A STOREFRONT. SO IF I'M WALKING IN DOWNTOWN AND THE STOREFRONT IS CRACKING AND THE WINDOWS ARE CRACKED AND THE, YOU KNOW, TRIM AROUND, IT'S PEELING AND THE PAINT'S FALLING OFF, DO I REALLY WANNA GO IN THAT BUILDING? PROBABLY, WELL, MOST OF THE BUILDINGS DOWNTOWN AND OLD TOWN ARE NOT OWNER OCCUPIED. THEY'RE ALMOST ALL TENANT OCCUPIED. MM-HMM . LIKE PROBABLY 80%. MM-HMM . BUT I ALSO KNOW THAT, AND THAT'S AN, THAT'S AN UNDERESTIMATE, I THINK. SO THE TENANTS AREN'T GONNA, THEY'RE NOT GONNA SPEND MONEY ON FACADES. WELL, THEY, YEAH. THEY REALLY CAN'T. NO. 'CAUSE IT'S THE PROPERTY OWNER'S PROPERTY, SO, SO THERE HAS TO BE SOMETHING TO PUSH, YOU KNOW, FOR, FOR, UM, IMPROVEMENT. MM-HMM . AND IF THE TENANT, IF THE OWNER, AND I'M JUST THINKING OUT LOUD HERE. UM, IF THE TENANT, UH, IS PAYING RENT AND THE, THE OWNER IS, YOU KNOW, DOING FINE, THEY WOULD PROBABLY HAVE TO HAVE SOME KIND OF INCENTIVE TO PUSH THEM TO DO IMPROVEMENTS. MM-HMM . THE OTHER CHALLENGE WE HAVE IS THAT THE OTHER SIDE OF THAT, YEAH. WITH THE HISTORIC BUILDINGS FACADE IMPROVEMENTS CAN GET VERY EXPENSIVE VERY QUICKLY, WHICH IS WHY A LOT OF PROPERTY OWNERS SHY AWAY FROM THAT OR PUT IT OFF BECAUSE IT GETS VERY EXPENSIVE BECAUSE YOU HAVE TO FOLLOW THE HISTORIC DISTRICT'S CODES AND, UM, KEEPING YOUR CERTIFICATE OF APPROPRIATENESS WITH YOUR PAINT COLORS AND YOUR WINDOWS AND THE SHAPE OF DOORS AND ALL THE THINGS. SO IT JUST, IT CAN GET VERY EXTENSIVE VERY QUICKLY. AND SO TO BOARD MEMBER MCLAUGHLIN'S POINT, BUT IT SOUNDS LIKE NEED SOMETHING TO KIND OF HELP THEM LEAVE IT IN AS A LINE ITEM FOR CONSIDERATION. WE'RE GONNA NEED TO GET EDUCATED. 'CAUSE HOW FAR DOES IT GO? DOES IT GO INTO STRUCTURAL, WHICH OPENS UP A CAN OF WORMS WITH RESPECT TO HOW FAR DOES FACADE WORK GOING TO STRUCTURAL, THEN KICK A TRIP HAZARD FOR LIFE SAFETY UPGRADES SUCH AS FIRE SUPPRESSION. IT WOULD BE GOOD TO FIND OUT HOW OTHER MUNICIPALITIES DO IT SO THAT WE DON'T REINVENT THE WHEEL. BUT I DO WANNA MAKE A COMMENT. IF ANYONE'S BEEN TO ROCKDALE, THEY REDID THEIR FACADE DOWNTOWN AND IT LOOKS QUITE ATTRACTIVE. IT'S, IT DOES VERY APPEALING. THE COLORS LOOK GREAT. IT LOOKS FRESH. MM-HMM . UM, IT WOULD, IT WOULD DRAW A LOT OF BUS. IT'S DRAWING A LOT OF BUSINESSES TO SET UP THERE. I CAN PULL SOME EXAMPLES FROM OTHER PLACES FOR FACADE GRANT PROGRAMS. THE ONES I'VE SEEN HAVE HISTORICALLY BEEN PRETTY LIMITED TO THE FACADE. UM, YOU KNOW, TO THE AESTHETIC FRONT OF THE BUILDING. IT CAN BY WAY SOMETIMES ENHANCE THE ENTRANCE AND, AND MAKE SOME MINOR STRUCTURAL CHANGES. BUT I'VE TYPICALLY SEEN THEM PRETTY LIMITED, UM, TO AVOID PEOPLE USING THEM TO DO OTHER KINDS OF WORK ON THE PROPERTY. BUT I MEAN, I CAN BRING FORTH SOME EXAMPLES WHEN YOU DO THE PRESENTATION AND WHEN WE CONSIDER IT. YEAH. WELL, AND IF IT'S A MATCHING GRANT, I MEAN, THEY HAVE TO STILL PARTICIPATE MM-HMM . YOU KNOW, IT'S NOT LIKE, HERE'S SOME CASH, GO FIX IT UP YOUR BUILDING. RIGHT. YEAH. AND THAT STRUCTURE, WHEN I DID RESEARCH, UM, ON HOW OTHER CITIES AND ECONOMIC DEVELOPMENT ORGANIZATIONS AROUND THE STATE WERE, WERE IMPLEMENTING IT, IT WAS THE 50% MATCH. UH, THE 25,000 WAS ME JUST SAYING, OKAY, HOW, HOW MANY BUSINESSES WOULD, OR HOW MANY PROPERTIES WOULD THAT BE? I'M LIKE, FOUR FOR OUR FIRST YEAR, I FEEL LIKE IS A, A GOOD NUMBER. AND IF WE GET MORE APPLICATIONS THAN THAT, THEN OBVIOUSLY WE CAN CONSIDER EITHER A BUDGET AMENDMENT OR INCREASING THE AMOUNT NEXT YEAR. WELL, AND THEN THE BUYER SUPPRESSION PIECE OF IT, LIKE HOW, UH, HOW DO WE ARRIVE AT THAT NUMBER? I MEAN, WAS THAT ALSO A REQUEST FROM THE DOWNTOWN BUSINESS ALLIANCE, OR IS THAT NO, THAT ONE ACTUALLY CAME FROM, UH, SOME RESEARCH THAT THE CITY MANAGER'S OFFICE HAD DONE WHEN WE WERE LOOKING AT INCENTIVE, UH, POLICIES AND KIND OF WHAT OTHER CITIES WERE DOING. AND WHAT WE FOUND IS THAT A LOT OF THE, UM, THE CITIES WERE IMPLEMENTING FIRE SUPPRESSION GRANTS AND SPECIFICALLY FOR THE LIFE SAFETY. BUT I THOUGHT THAT PARTICULARLY INTERESTING FOR HUDU BECAUSE HU'S DOWNTOWN HAS SUCCUMB TO FIRE, UH, PREVIOUSLY. AND AGAIN, THINKING THROUGH THE COST OF RENOVATING THESE HISTORIC BUILDINGS AND THE FACT THAT THEY ARE ALL, UM, HAVE SHARED WALLS. SO IF ONE GOES, THEN IT'S HIGHLY LIKELY THAT AT LEAST ANOTHER WILL BE IMPACTED. IF NOT, UM, YOU KNOW, DO YOU KNOW, DO VARSITY CODES REQUIRE FIRE SUPPRESSION IF THERE'S A REMODEL IN THOSE BUILDINGS? 'CAUSE I KNOW THAT THERE'S ONE THAT WAS REMODELED SUBSTANTIALLY THAT HAS QUITE SUBSTANTIAL FIRE EXPRESSION SYSTEMS THROUGHOUT. IS THAT A CODE REQUIREMENT OR, YEAH, MY UNDERSTANDING, AND I, I WOULD DEFER TO ASHLEY, SO I WOULD WANNA CIRCLE BACK AND CONFIRM, BUT MY UNDERSTANDING IS THAT WHEN YOU DO THOSE RENOVATIONS, YOU ARE BRINGING THINGS UP TO TODAY'S UP TO TODAY'S CODE CODE. RIGHT. UM, BUT AGAIN, SUPER EXPENSIVE. RIGHT. AND, UM, WOULD BE, WOULD BE GREAT TO, TO OFFER SOME ASSISTANCE WITH THAT. SO THAT A LITTLE LESS BURDEN, BUT IT ALSO IMPROVES THE BUILDING ITSELF, WHICH, UM, [01:05:01] IS, IS A LONG LASTING, UM, CONTRIBUTION TO THE CITY. BUT THEN ALSO THINKING ABOUT IF THE THING BURNS DOWN, THEN WHAT'S THE VALUE? SO, AND I DON'T WANNA GET OFF THE AGENDA, BUT HAVE WE EVEN HAD FROM THE CITY ENGINEER'S OFFICE, ANY ASSESSMENTS DONE ON FIRE FLOW DOWNTOWN? 'CAUSE THAT'LL IMPACT THESE, UH, UH, FIRE SUPPRESSION. IT'S NOT SOMETHING THAT WE CAN ANSWER TONIGHT. MM-HMM . BUT IT'D BE A QUESTION THAT I'D ASK THE CITY ENGINEER. CAN YOU SAY THAT AGAIN JUST SO THAT I CAN GET IT? SO FIRE FLOWS IN YOUR EXISTING WATER. UM, IS THERE SUFFICIENT FIRE FLOW IF ALL OF THOSE BUILDINGS WANTED TO GO AHEAD AND UPGRADE TO MODERN FIRE SUB SUPPRESSION? RIGHT. WOULD THERE BE ENOUGH WATER TO, TO POP POPULATE ALL OF THOSE TUBES? I KNOW YOU GOT PLENTY OF FIRE HYDRANTS DOWNTOWN, BUT, UH, THAT WOULD BE A QUESTION TO ASK. CAN WE, UH, SO THAT WE CAN GET THE BUDGET TO CITY COUNCIL ON, CAN WE, CAN WE APPROVE WITH AND TABLE THESE ITEMS? LIKE IS THERE A WAY TO DO THAT? OR, OR DO WE HAVE TO WAIT UNTIL WE GET MORE INFORMATION ON THESE TWO LINE ITEMS BEFORE WE, I MEAN, CAN WE APPROVE WITH THE EXCEPTION OF AND THEN ADD IT? OR IS THAT LIKE A NO NO THING. YOU CAN APPROVE THE BUDGET AND REMOVE THEM AND AMEND LATER. OR YOU CAN APPROVE THE BUDGET WITH AMENDMENTS NOW SO YOU CAN APPROVE IT AS IT IS AND THEN AMEND LATER TO REMOVE THEM IF YOU DON'T WANT TO HAVE THEM IN THERE. OR YOU CAN APPROVE IT TO AND AMEND IT TO REMOVE THEM NOW. BUT IT'S NOT, IT'S NOT JUST TABLING, IT'S, IT'S STILL PRESENTING A COMPLETE BUDGET TO CITY COUNCIL. RIGHT. OKAY. I GOTCHA. WITH A NOTE PERHAPS THAT WE NEED TO DO MORE RESEARCH BEFORE WE COMMIT TO SPENDING THAT MONEY. RIGHT. WELL, I MEAN, THE BUDGET JUST AUTHORIZES THE CATEGORY. YOU STILL HAVE TO GO THROUGH THE RIGHT PROCESS INTO COUNCIL THE EXPENDITURE. RIGHT. AND COUNCIL CAN REJECT IT. THEY CAN . SO, ALRIGHT. I MEAN, I'D LIKE TO MAKE A A, A MOTION TO, UH, ACCEPT THE BUDGET, UM, AS PROPOSED BY STAFF AND AMEND IT TO REMOVE THESE ITEMS UNTIL WE HAVE FURTHER INFORMATION ON THEM. CAN YOU STATE THE ITEMS JUST FOR THE RECORD, SO THAT WE REMOVE THE SUPPRESSION GRANT FOR HISTORIC DOWNTOWN COMMERCIAL PROPERTIES AS WELL AS THE IMPROVEMENT GRANTS, JUST UNTIL WE GET MORE INFORMATION. THE FACADE IMPROVEMENT GRANT AND THE FIRE SUPPRESSION. MM-HMM . OKAY. OKAY. I HAVE A, A MOTION BY BOARD MEMBER KELLY MCLAUGHLIN. DO I HAVE A SECOND? DO I SECOND IT? OKAY. UM, I HAVE A MOTION BY BOARD MEMBER KELLY MCLAUGHLIN AND SECONDED BY BOARD MEMBER IRMA GONZALEZ. ANY OTHER DISCUSSION ON THIS ITEM? CAN I GET CLARIFICATION? SO WE'RE, WE'RE WANTING TO PASS THIS BUDGET ON TO COUNCIL, BUT WHAT IS YOUR, WHAT ARE YOU, WHAT ARE YOU SAYING IN YOUR, YOUR MOTION? I'M SAYING THAT WE TAKE THESE TWO THINGS OUT UNTIL WE GET MORE INFORMATION AND THEN WE GO BACK LATER AND AMEND TO REQUEST THESE AGAIN. AND HONESTLY, CAN I CHANGE, CAN I, CAN I DISCUSS THIS IN FURTHER DETAIL WITHOUT GETTING CRAZY HERE? YES. UM, OR I WOULD BE JUST HAPPY WITH THE PROOF AS IS. UM, AND THEN, BUT WE STILL NEED TO, YOU KNOW, DISCUSS THESE TWO ITEMS BEFORE. WELL, IF I SUGGEST, OBVIOUSLY WE DON'T HAVE TO DO THAT BEFORE WE SPEND MONEY, BUT APPROVE THE BUDGET AS IS. BUT A NOTE TO COUNSEL THROUGH, UH, CHENEY WHEN SHE PRESENTS THAT WE'RE MAKING NO COMMITMENT TO SPEND THE MONEY UNTIL WE GET BETTER INFORMATION. WELL THEN WHY DON'T WE JUST TABLE IT. TABLE IT. NO, DOESN'T THIS NEED TO GO TO COUNCIL PRETTY QUICK FOR THEIR BUDGET PROCESS? IT'S, IT'S REQUIRED TO GO TO COUNCIL, UM, 60 DAYS PRIOR TO COUNCIL'S CONSIDERATION OF THE CITY'S BUDGET. DON, AND THIS IS FEEDBACK YOU GOT FROM THE DOWNTOWN BUSINESS ALLIANCE, THE FACADE GRANT. YES. SO WE'RE LISTENING TO STAKE STAKEHOLDERS RIGHT. FROM OTHER RESEARCH ABOUT DOWNTOWN INCENTIVES THAT OTHER CITIES ARE DOING YEAH. TO SUPPORT. YEP. AND I GUESS WHAT I'M SAYING, OKAY, I'M GONNA REVISE MY, I'M GONNA WITHDRAW THAT, UH, AND I'M GOING TO RE, UH, MOTION, WITHDRAW THAT MOTION AND REMAKE A MOTION THAT WE APPROVE THE BUDGET AS IS. AND THEN IF WE NEED TO AMEND THIS LATER OR WE, YOU KNOW, WE NEED TO AMEND IT LATER, THEN WE CAN DO THAT. I THINK WE SHOULD AT LEAST GO ASK FOR IT. OKAY. SINCE YOU MADE THE MOTION, YOU CAN WITHDRAW THE MOTION, RIGHT? YES. I WITHDREW THE MOTION AND I'M MAKING A NEW MOTION. AND THEN I'LL SECOND YOUR SECOND MOTION . OKAY. SO I HAVE A MOTION ON THE FLOOR BY BOARD [01:10:01] MEMBER KELLY MCLAUGHIN AND SECONDED BY TREASURER HENRY GIDEON. ANY OTHER DISCUSSION ON THIS ITEM? NO. CAN I GET A ROLL CALL PLEASE? SECRETARY OWENS AYE. TREASURER GIDEON? YEAH. AYE. BOARD MEMBER THOMPSON AYE. BOARD MEMBER MCLAUGHLIN AYE. BOARD MEMBER GONZALEZ. AYE. CHAIR CLANCY NAY. VICE CHAIRMAN, MINTON AYE. MOTION PASSES. SIX ONE. OKAY. DISCUSS OR 7.3. DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 2025 DASH 1 24 APPROVING A THIRD AMENDMENT TO THE PURCHASE AND OPTION AGREEMENT FOR PROJECT SQL. UH, SO THIS ITEM WAS DISCUSSED IN DETAIL AT THE APRIL 14TH MEETING AND EXECUTIVE SESSION. SO, UH, I THOUGHT I'D PUT IT ON A REG AS A REGULAR AGENDA ITEM. UH, THE REQUEST IS FOR THE EXTENSION DUE TO THE ENCORE DELAYS. MADAM CHAIR, I'D ASKED EARLIER, NOT IN SESSION, BUT WHY ARE WE STILL CALLING IT PROJECT SQL WHEN WE KNOW THE NAME? ARE WE STILL BOUND BY THE WE DON'T KNOW THE NAME. CONFIDENTIALITY. HMM? THE CONTRACT IS NOT SIGNED. OH, SO WE DON'T KNOW THE NAME SO WE DON'T KNOW THE NAME. IT'S PROJECT SEQUEL. YEAH. OKAY. JUST THINKING ABOUT TRANSPARENCY, WE DO HAVE THIS ON EXECUTIVE SESSION LANGUAGE, IF YOU GUYS WOULD PREFER TO RECALL THIS ITEM AFTER EXEC, BUT SINCE IT WAS DISCUSSED ON THE 14TH, I PUT IT ON FOR OPEN SESSION. OKAY. UM, I DID, WE DID DISCUSS THIS AT THE LAST, WE DID THE LAST ONE AND WE ASKED, WE, I THINK WE ASKED LEGAL TO BRING US A RESOLUTION TO THIS MEETING SO THAT WE COULD MOVE FORWARD, RIGHT? MM-HMM . YES. MM-HMM . SO I THINK I'D LIKE TO MAKE A MOTION THAT WE APPROVE THIS, UM, RESOLUTION R DASH 2025 DASH 1 24 SECOND. OKAY. I HAVE A MOTION ON THE FLOOR BY BOARD MEMBER KELLY MCLAUGHLIN AND SECONDED BY VICE CHAIR MATT MITTEN. ANY OTHER DISCUSSION ON THIS ITEM? CAN YOU HOLD, VOTE PLEASE? BOARD MEMBER THOMPSON AYE. BOARD MEMBER MCLAUGHLIN AYE. CHAIR CLANCY. AYE. VICE CHAIRMAN. MINTON AYE. BOARD MEMBER GONZALEZ. AYE. TREASURER. GIDEON AYE. SECRETARY OWENS AYE. MOTION PASSES. 7 0 7 0.4. DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 20 25 1 25 APPROVING POLICIES OF THE TYPE A AND TYPE B CORPORATIONS. OKAY. SO THIS HAS BEEN DISCUSSED AT MULTIPLE MEETINGS ABOUT WHICH POLICIES THE BOARD WOULD LIKE TO HAVE DRAFTED FOR CONSIDERATION. UH, THERE WERE MULTIPLE DOCUMENTS IN Y'ALL'S FOLDER, SO I WILL LET LEGAL WEIGH IN ON ANY QUESTIONS FROM THE BOARD. SO THE RED LINE THAT WAS SENT, UM, IN THIS PACKET IS JUST THOSE, THOSE FEW ITEMS THAT, UM, WERE ADDED FROM WHAT WE APPROVED LAST TIME, CORRECT? YEAH. IT'S THE CHANGE THAT WE DISCUSSED AT THE PREVIOUS MEETING AND THEN ADDED THE EXHIBITS FOR THE FORMS AND ALL OF THAT STUFF. YES. AND THE CREDIT CARD. MM-HMM . YEP. THERE'S A COUPLE DIFFERENT WAYS, UM, THAT WE CAN STRUCTURE THE CREDIT CARD AUTHORIZATION. SO THE WAY IT'S SET UP RIGHT NOW, 'CAUSE WE KIND OF DISCUSSED A COUPLE DIFFERENT WAYS AT THE MEETING. UM, THE WAY IT'S SET UP RIGHT NOW IS IT AUTHORIZES THE EXECUTIVE DIRECTOR AND BOARD MEMBERS TO POTENTIALLY BE ABLE TO, YOU KNOW, OBTAIN AND, AND HOLD AND UTILIZE A CREDIT CARD. UM, AND THEN THEY, IT REQUIRES A RESOLUTION FOR THE SPECIFIC PERSON. SO ANOTHER WAY THAT WE COULD DO IT WOULD BE TO AUTOMATICALLY AUTHORIZE WHOEVER IS THE EXECUTIVE DIRECTOR WITHOUT HAVING TO HAVE A SPECIFIC, UM, RESOLUTION FOR THAT SPECIFIC PERSON WHEN YOU CHANGE EXECUTIVE DIRECTORS AND THEN JUST HAVE THE SPECIFIC PERSON FOR DIRECTORS. SO THAT IS A CHANGE RIGHT NOW IT'S DRAFTED TO REQUIRE, IT HAS TWO ATTACHED EXHIBITS THAT ARE RESOLUTIONS. SO THERE'S ONE FOR THE SPECIFIC, YOU KNOW, WHOEVER IS THE EXECUTIVE DIRECTOR AT THE TIME, AND YOU WOULD DO A NEW ONE WHEN YOU CHANGE THAT PERSON. UM, AND THEN ANOTHER ONE FOR DIRECTORS. SO IF YOU WANT TO AMEND IT TO AUTOMATICALLY HAVE THE EXECUTIVE DIRECTOR, WHOEVER THEY ARE APPROVED, YOU CAN APPROVE THE POLICY WITH THAT AMENDMENT. I THOUGHT IT JUST SAYS THE SAYS CHENEY GABO. IT DOESN'T SAY LIKE, IT JUST PUTS HER NAME IN THERE AS LIKE SHE IS THAT POSITION. NOT THAT IT ALWAYS HAS TO BE CHANEY GAMBOA. THAT'S HOW I READ IT. RIGHT. SO THE WAY IT'S SET UP IS IT SAYS THERE'S [01:15:01] A FORM THAT YOU WOULD USE WHENEVER YOU CHANGE EXECUTIVE DIRECTORS. THERE'S A RESOLUTION THAT YOU WOULD PASS AND YOU CHANGE EXECUTIVE DIRECTORS THAT YOU COULD TAKE TO THE BANK THAT WITHDRAWS OFFICIALLY WITHDRAWS THE PREVIOUS EXECUTIVE DIRECTOR'S AUTHORITY AND GRANTS THE NEW EXECUTIVE DIRECTOR'S AUTHORITY. IT'S JUST SO THAT YOU HAVE A PIECE OF PAPER TO TAKE TO THE BANK. YOU CAN ALSO TAKE TO THE BANK THE HIRING, YOU KNOW, THE PROOF THAT YOU HIRED A NEW EXECUTIVE DIRECTOR. IT, IT JUST DEPENDS ON HOW YOU WANNA DRAFT THE POLICIES. SO RIGHT NOW, YOU KNOW, YOU CAN FILL OUT THE FORM, THE EXECUTIVE DIRECTOR RESOLUTION AND PUT CHENEY'S NAME IN IT, AND THEN CHENEY'S THE EXECUTIVE DIRECTOR RIGHT NOW THAT'S AUTHORIZED. AND SOMEDAY IN THE FUTURE WHEN EVERYBODY'S SAD AND SHE DECIDES TO LEAVE IN 40, 40 YEARS, UM, THEN YOU WOULD PUT A NEW PERSON IN. BUT LIKE I SAID, WE COULD ALSO JUST DRAFT IT THAT WHOEVER'S THE CURRENT EXECUTIVE DIRECTOR IS AUTOMATICALLY AUTHORIZED. AND YOU DON'T HAVE TO HAVE THAT RESOLUTION. JUST IF YOU WANNA DO IT THAT WAY, PASS THIS WITH THE AMENDMENT THAT THE POLICIES INDICATE THE CURRENT EXECUTIVE DIRECTOR IS ALWAYS AUTHORIZED. AND THEN I WOULD MAKE THOSE CHANGES AND MM-HMM . BUT WE'RE NOT, WE HAVE TO BRING IT BACK, BUT WE'RE NOT APPROVING THAT SECOND PERSON. HAS THAT BEEN TAKEN OUT OF THE BYLAWS? BECAUSE I THOUGHT YOU HAD SAID TWO. UH, YEAH, SO, 'CAUSE I'M JUST SEEING THE BYLAWS GIVE THAT GIVE DIRECTOR OKAY. OPTIONS. SO RIGHT NOW THERE'S NOBODY BEING PROPOSED FOR A DIRECTOR, BUT I THINK WHAT WAS CONFUSING IS THAT YOU'RE REF REFERRING TO THE BOARD AS DIRECTORS. AND THAT'S WHERE I GOT CONFUSED IN THE DOCUMENTS. 'CAUSE I WAS LIKE, WAIT, THIS ONE SAYS EXECUTIVE DIRECTOR BOARD MEMBERS, AND THEN THIS ONE SAYS DIRECTOR. I'M LIKE, WE, YEAH, I DON'T THINK SO. I DIDN'T KNOW IF I WAS REFERRED TO A DIFFERENT POSITION IN THE TYPE A VERSUS TYPE B. I'M LIKE, I WASN'T SURE. SO SO BOARD MEMBERS, WHEN YOU SAY DIRECTORS, YOU MEAN BOARD MEMBERS. BOARD MEMBERS. OKAY. THAT IS HELPFUL. SO THE TWO OPTIONS ARE WE CAN APPROVE THE RESOLUTION BY AMENDMENT, BY NOT LEAVING A BLANK IN THERE. AND IT JUST AUTOMATICALLY, WHOEVER THE CURRENT EXECUTIVE DIRECTOR IS, IT NEVER, IT FOREVERMORE NEVER NEEDS TO COME BACK BY RESOLUTION. RIGHT. THE CURRENT EXECUTIVE DIRECTOR IS ALWAYS AUTHORIZED AND THEN YOU WOULD JUST SHOW A BANK SOME PAPERWORK THAT SHOWS A NEW PERSON HAS BEEN HIRED AS THE EXECUTIVE DIRECTOR. AND THAT WOULD BE THE PROOF THE BANK WOULD NEED TO SAY THAT PERSON HAS AUTHORITY AND THE PREVIOUS ONE DOESN'T. GIVEN THAT IT'S NOT FREQUENT, I THINK I WOULD PROBABLY RECOMMEND THAT WE, EACH TIME A NEW EXECUTIVE DIRECTOR COMES ALONG FOR, YOU KNOW, FIDUCIARY RESPONSIBILITIES THAT WE DO A RESOLUTION THAT JUST IS A THOUGHT. I'M JUST THROWING IT OUT THERE FOR DISCUSSION. YEAH. THAT'S HOW IT'S CURRENTLY DRAFTED. YEAH. MM-HMM . YEAH, I MEAN, I TOTALLY AGREE WITH THAT. MM-HMM . I THINK THAT IT'S NOT LIKE IT COULD BE PART OF ONBOARDING AND I MEAN, YOU KNOW, AND A AND, UH, DIRECTORS TOO. I THINK EVERYONE SHOULD, THERE SHOULD BE A RESOLUTION. YEAH. YEAH. ABSOLUTELY. I JUST FEEL FROM A SAFETY STANDPOINT, I JUST THINK THAT'S DEFINITELY THE, THE RESOLUTION ON ITS FACE STATES THAT THIS REPEALS ANY PREVIOUS AUTHORITY. RIGHT. OKAY. OKAY. OKAY. SO THERE'S NO, WE DON'T NEED TO DO ANY RESOLUTION NO AMENDMENTS BECAUSE IT ALREADY, IT ALREADY EXISTS THAT WAY, SO, NO. YEAH, IT'S ALREADY DRAFTED. YOU DON'T HAVE TO DO ANY AMENDMENTS. OKAY. IT'S ALREADY DRAFTED TO REQUIRE THE SPECIFIC RESOLUTION. OKAY. SO, UM, THERE WERE THREE ITEMS, RIGHT? THE, THERE WAS, IT WAS, UM, APPROVING POLICIES, THE RESOLUTION, AND THEN APPROVING POLICIES OF THE TYPE A AND TYPE B CORPORATIONS. OH, I'M SORRY. WELL, CAN WE SPLIT IT UP INTO THREE SEPARATE? YEAH. 'CAUSE WE GOT THE CREDIT CARD, THE PROCEDURES, AND THEN, OKAY, SO THE, I'M LOOKING AT THIS. THE, THE ATTACHMENTS, THOSE ARE EXHIBITS TO THE POLICIES. YEAH. THE CREDIT CARD AUTHORIZATION RESOLUTIONS ARE EXHIBITS TO THE POLICIES. THE, SO YOU DON'T HAVE TO APPROVE THEM SEPARATELY. IF YOU APPROVE THE RESOLUTION THAT APPROVES THE POLICIES FOR THE TYPE A AND TYPE B CORPORATIONS, IT WILL APPROVE THE EXHIBITS. SO THAT'S 7.4. THAT'S 7.4. OKAY. SO WE, WE REMEMBER, WE DISCUSSED WHEN WE DISCUSSED THE POLICIES, AND THEN WE WERE, WE WERE TALKING ABOUT CERTAIN DOCUMENTS IN THE POLICIES, BUT WE DIDN'T HAVE THE DOCUMENTS ATTACHED. RIGHT. SO WE SUGGESTED AS A BOARD THAT WE ADD EACH OF THOSE DOCUMENTS AS EXHIBITS SO THAT IT'S ONE CONTIGUOUS DOCUMENT. SO, YOU KNOW, JUST FOR CON FOR CONTINUITY IN BOARD, IN CASE OF BOARD TURNOVER OR ED TURNOVER OR ANY OF THAT. OKAY. THAT WE HAVE IT IN ONE DOCUMENT. SO SHE JUST SENT IT TO A SEPARATE MM-HMM. YEP. SO I'M TRACKING AND IT SAYS SUBSTANTIALLY SIMILAR OR APPROVED BY LEGAL COUNSEL. SO IF YOU WANNA CHANGE IT LATER, IT'S REALLY JUST A FORM THAT CAN BE USED BY, YOU KNOW, BY Y'ALL OR BY A FUTURE, UM, BOARD TO SAY, HERE'S WHAT I WANT TO LOOK LIKE. SO SOMETHING SIMILAR OR SOMETHING ELSE THAT LEGAL HAS APPROVED IS WHAT THE WORDING SAYS. SO MADAM CHAIR, I'LL MOVE TO APPROVE THE RESOLUTION. R DASH 2 0 2 5 DASH 1 25 APPROVING POLICY POLICIES OF TYPE A AND B TYPE B CORPORATIONS. [01:20:02] I'LL SECOND IT. OKAY. SO I HAVE ONE LAST QUESTION, THE ONE, ONE SECOND. UM, ANY OTHER DISCUSSION ON THIS ITEM? GO . SO THE PART WHERE IT SAYS DIRECTORS AND THEN IT SAYS ECONOMIC DIRECTOR, THAT EXECUTIVE DIRECTOR, RIGHT. EXECUTIVE DIRECTOR THAT'S BEEN, THAT'S BEEN STRIKED IS TAKEN OUT THE DIRECTORS PART, CORRECT. YOU GUYS DIDN'T PASS IT WITH AMENDMENTS. SO YOU WANT ME TO CHANGE THE WORDING TO SAY BOARD MEMBERS INSTEAD OF DIRECTORS THAT A FRIENDLY AMENDMENT? I'M JUST TRYING TO CLEAR UP THE CONFUSION ABOUT DIRECTORS, BOTH OF US BOTH BEING ABLE TO UTILIZE. SO THE WAY IT'S DRAFTED THAT, UM, IT SAYS THAT A A, A BOARD MEMBER, WHICH IS REFERRED TO AS A DIRECTOR, A BOARD OF DIRECTORS MEMBER, SO DIRECTOR, UM, CAN BE AUTHORIZED, BUT YOU GUYS WOULD HAVE TO PASS A RESOLUTION AUTHORIZING THAT PERSON. AND THERE'S A FORM, THERE'S A RESOLUTION FORM THAT CAN BE USED IF YOU WANT THAT TO HAPPEN. AND WHERE THAT, AND THEN THERE'S A SEPARATE FORM FOR THE EXECUTIVE DIRECTOR. EXHIBIT B. OH, I'M SORRY, NOT EXHIBIT B. EXHIBIT D, D EXHIBIT D. THAT WOULD BE, THERE'S TWO, TWO FORMS IN EXHIBIT D. EXHIBIT D IS TWO RESOLUTIONS. YEP. COUNCIL CONSISTENT WITH OTHER EDCS, ARE WE REFERRED TO AS DIRECTORS OR ARE WE, HOW ARE WE REFERRED? I MEAN, TYPICALLY, BUT IF, IF YOU GUYS WANT ME TO CHANGE IT TO BOARD MEMBERS BECAUSE THAT'S WHAT YOU ARE USED TO, THEN THAT'S FINE WITH ME. WELL, I, WE CAN PASS IT THE AMENDMENT TO CHANGE IT TO BOARD MEMBERS TO BE ANY, UH, CONFUSION. THAT WAS JUST HABIT FOR ME FROM MY OTHER EDCS TO SAY DIRECTORS. NO, I SEE IT. AND THANK YOU FOR THE CLARIFICATION. YEAH, I JUST WANTED TO MAKE SURE THAT I WAS, THAT I WAS SEEING IT. SO THANK YOU FOR THAT. ABSOLUTELY. OKAY, SO I HAVE A MOTION BY TREASURER HENRY GIDEON AND SECONDED BY BOARD MEMBER KELLY MCLAUGHLIN. ANY OTHER DISCUSSION ON THIS ITEM? NO. UM, CAN YOU CALL VOTE PLEASE? CHAIR CLANCY AYE. BOARD MEMBER GONZALEZ AYE. BOARD MEMBER MCLAUGHLIN AYE. VICE CHAIRMAN MINTON AYE. SECRETARY OWENS AYE. BOARD MEMBER THOMPSON AYE. TREASURER GIDEON AYE. MOTION PASSES 7 0 7 0.5. DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 20 25 1 26 TO APPROVE THE AMENDED BYLAWS OF THE TYPE A AND TYPE B CORPORATIONS. ALRIGHT, SIMILARLY, UH, Y'ALL WERE PROVIDED THE RED LINE AND, UH, CLEAN COPIES OF THAT AND FEEL FREE TO DISCUSS AND ASK ANY QUESTIONS OF LEGAL COUNSEL OR STAFF. SILLY QUESTION, WHERE'S THE FOURTH AND FIFTH AMENDMENT? . I'M BEING FUNNY. , I MEAN, I, I FEEL LIKE ALL OF THE, THE CHANGES THAT THAT COUNSEL MADE AND AND BROUGHT FORTH WERE, ARE THEY ALL MAKE SENSE? I MEAN, I I DON'T PERSONALLY HAVE ANY ISSUE. I MEAN, WE'RE, WE'RE ALL HELD TO HAVE NO CONFLICT OF INTEREST. UM, THE ONLY, YOU KNOW, KIND OF LEGAL QUESTION I GUESS I HAD IS THE WORD MAY IN THERE, LIKE MAY OR MAY NOT LIKE, IS IS MAY TOO GENERAL OF A WORD OR WAS THAT A SPECIFIC WORD THAT COUNSEL ASKED FOR? OR WAS THAT, THAT IS A SPECIFIC WORD THAT COUNSEL ASKED FOR. OKAY, SO THAT IS, THAT IS THE WORDING THAT WAS APPROVED BY COUNSEL. OKAY. YEAH, I MEAN, I I MEAN I HAVE NO PROBLEM WITH, WITH ANY OF THE CHANGES THAT WERE MADE TO IT. SO, AND IT, IT'S NOT, IT'S NOT TOO VAGUE FOR THE LAW. IT'S NOT LEGALLY NON-COMPLIANT. OKAY. YEAH. AS LONG AS IT'S NOT LEGALLY NON-COMPLIANT, THAT MEANS IT'S COMPLIANT LEGALLY. THEN , WHAT'S WRONG WITH SHALL ? SHALL, SHALL NOT HAVES HAVE NOT. I'D LIKE TO MAKE A MOTION TO APPROVE, UH, RESOLUTION 2025 DASH 1 26 TO APPROVE THE AMENDED BYLAWS OF THE TYPE A AND TYPE B CORPORATION. I'LL SECOND. OKAY. I HAVE A MOTION BY SECRETARY TERRANCE OWENS AND SECONDED BY VICE CHAIR MATT MITTEN. ANY OTHER DISCUSSION ON THIS ITEM? CAN I GET A ROLL CALL PLEASE? TREASURER GIDEON AYE. BOARD MEMBER THOMPSON AYE. BOARD MEMBER MCLAUGHLIN AYE. BOARD MEMBER GONZALEZ. AYE. CHAIR CLANCY NAY. VICE CHAIRMAN? AYE. SECRETARY OWENS AYE. MOTION PASSES 6 1 7 0.6, DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 20 25 1 27 [01:25:02] TO APPROVE CHANGE ORDER NUMBER FOUR TO THE CONSTRUCTION CONTRACT WITH JORDAN FOSTER CONSTRUCTION FOR THE SPINE ROAD CONSTRUCTION PROJECT. YEP. THANK YOU. SO IN PREPARATION FOR THE COMPLETION OF THE SPINE ROAD, UM, OUR ENGINEERING DEPARTMENT BROUGHT TO LIGHT THAT THE CITY WILL NOT OR HAS NOT BEEN ACCEPTING PUBLIC INFRASTRUCTURE WITHOUT A TWO YEAR MAINTENANCE BOND. AND SO IN REVIEW OF THE ORIGINAL CONTRACT WITH JORDAN FOSTER, THAT WAS NOT INCLUDED. SO THEY WENT AND GOT A, A BID FOR THE, A TWO YEAR MAINTENANCE BOND CAME BACK, IT WAS ALMOST 27,000. UM, BUT THEY WERE ABLE TO GO THROUGH AND ABSORB SOME OF THAT ON ITEMS THAT WERE NOT USED IN THE ORIGINAL BID. AND SO THE TOTAL DOLLAR AMOUNT FOR THE CHANGE ORDER IS $962. SO IT'S GONNA COST $962 FOR THEM TO MAINTAIN IT. FOR, TO, FOR THEM TO PURCHASE EFFECTIVELY PURCHASE A TWO YEAR MAINTENANCE BOND. IT'S EFFECTIVELY LIKE PURCHASING INSURANCE FOR TWO YEARS FOR THE PROJECT. SO WHY DID THEY NOT DO THE MANHOLE, MANHOLES AND ALL THAT STUFF? THE, THE CREDIT. 'CAUSE THERE WAS LIKE A CREDIT. YEAH, I KNOW ONE OF 'EM I THINK WAS JUST AN ERROR IN THE SIZE. 'CAUSE I DON'T THINK WE USED, WE USED THAT SIZE, BUT I'M NOT SURE ON THE OTHER ITEMS. SO JUST SOMETHING I WAS JUST HAPPY SPIT OUT AND BE APPROVED AND THEN, AND THEN WE DIDN'T END UP SPENDING THAT MONEY AND SO THEN CORRECT IT SO THEY WERE ABLE TO TRANSFERRED OVER TO THIS ONE THING. MM-HMM . 16 INCH MANHOLE IS A BIG MANHOLE. YEAH. I DON'T KNOW KNOW. THANKS. IT'S FIVE FEET ACROSS. YEAH, IT'S PRETTY BIG . OH, I THOUGHT YEAH, THAT THAT'S PRETTY BIG. IT'S A CAVE SWALLOW A BUS. UGH. OKAY. SORRY, THAT WAS THE QUESTION I HAD. THAT'S ALL I HAD. THANK YOU. I MAKE A MOTION TO APPROVE 2025 DASH 1 27 TO APPROVE THE CHANGE ORDER NUMBER FOUR TO THE CONS CONSTRUCTION CONTRACT WITH JORDAN FOSTER CONSTRUCTION FOR THE SPINE ROAD CONSTRUCTION PROJECT. I'LL SECOND IT FOR YOU. OKAY. I HAVE A MOTION BY SECRETARY A TERRANCE OWENS AND SECONDED BY A BOARD MEMBER KELLY MCLAUGHLIN. UM, ANY OTHER DISCUSSION ON THIS ITEM? JUST A CON COMMENT. MINIMUM CHAIR ON MY COPY. THE FOURTH EZ THE BOARD FINDS THE CITY OF HU REQUIRES A TWO. IS NOT SPELLED CORRECTLY ON MY COPY. TW JUST MAKE JUST A CLERICAL OR AN EDITORIAL. GOOD CATCHING, RIGHT? OH, YEAH, YEAH. AND JUST I DOWNLOADED IT, BUT I WASN'T SURE IF THE CURRENT COPY IS CORRECT. THANK YOU MR. GIDEON. ANY OTHER DISCUSSION? MAY UM, CAN YOU CALL PLEASE? MM-HMM . BOARD MEMBER GONZALEZ. AYE. BOARD MEMBER MCLAUGHLIN AYE. BOARD MEMBER THOMPSON AYE. TREASURER. GIDEON AYE. SECRETARY OWENS AYE. VICE CHAIRMAN? MINTON AYE. CHAIR CLANCY AYE. MOTION PASSES. 7 0 7 0.7. DISCUSS AND CONSIDER ACTION TO APPROVE THE MEETING OR MINUTES FROM THE CORPORATION'S REGULAR MEETING ON APRIL 14TH, 2025 AND THEIR SPECIAL CALL MEETING ON APRIL 21ST, 2025. CHAIR. I MOVE. WE APPROVE THE MINUTES, UH, FROM THE REGULAR CALL MEETING ON APRIL 14TH AND THE SPECIAL CALL MEETING ON APRIL 21ST, 2025 HAS, HAS EVERYBODY REVIEWED? I WAS GONNA SECOND THE MOTION HAVE HAS EVERY, I DIDN'T KNOW IF Y'ALL WERE STILL READING OR MM-HMM. NO. OKAY. YOU NEED A SECOND? NEED TO SECOND. I NEED A SECOND. I JUST SECOND DID IT. OH, YOU DID? OH, . SORRY. I DIDN'T KNOW THAT THAT'S WHAT YOU WERE, UNLESS SOMEBODY ELSE WANTS TO FOR A CHANGE. NO. OH, . GEEZ. MY MINUTES ARE ALWAYS THE ONE THAT Y'ALL PAUSE ON EVERY TIME. LIKE EVERY SINGLE. ONE SECOND. I A SECOND. SECOND. OKAY. UM, I HAVE A MOTION ON THE FLOOR BY, UM, TREASURER HENRY. NO. DID YOU? TERRENCE? NO, IT WAS MITTON. MITTON. OKAY. SORRY. RIGHT HERE. VICE, VICE CHAIR. MATT MITTEN. I'M SO SORRY. I GOT CONFUSED. UM, AND SECONDED BY BOARD MEMBER KELLY MCLAUGHLIN. UM, ANY OTHER DISCUSSION ON THIS ITEM? MADAM CHAIR? I WASN'T HERE ON THE CALLED MEETING SPECIAL CALL MEETING, SO I ABSTAIN FROM THAT. OR I WILL BE ABSTAINING AS I WAS. NOT AS WELL. I WAS NOT ATTENDING THAT MEETING AS WELL ON THE 21ST. SO ABSTAIN STILL GOT FOUR VOTES. OKAY. 2, 3, 4, 5. I READ THEM, I READ THEM IN THEIR ENTIRETY AND THEY'RE, THEY'RE ACCURATE. YES. . UM, ANY OTHER DISCUSSION [01:30:01] ON THIS ITEM? CAN YOU CALL A VOTE PLEASE? VICE CHAIRMAN AYE. SECRETARY OWENS AYE. BOARD MEMBER THOMPSON. AYE. BOARD MEMBER MCLAUGHLIN. AYE. BOARD MEMBER GONZALEZ. AYE. MOTION PASSES. FIVE. OH, OKAY. EXECUTIVE SESSION 8.1. EXECUTIVE SESSION ATTENDANCE. THE BOARD WILL CONSIDER ANY REQUESTS FROM ELIGIBLE PARTIES TO ATTEND ALL OR PORTION OF THE FOLLOWING EXECUTIVE SESSION OTHER THAN THE BOARD OF ION OF DIRECTORS TO BE ELIGIBLE. A PERSON ATTENDING THE EXECUTIVE SESSION, ONE MUST HAVE INTERESTS THAT ARE NOT ADVERSE TO THE CORPORATION. AND TWO, THE PARTICIPATION IS NECESSARY. NECESSARY TO DELIBERATE ON THE MATTER TO BE CONSIDERED IF THE ITEM IS TO BE OR OBTAIN LEGAL ADVICE. THE BOARD MUST ALSO FIND THE PERSON'S PRESENCE WILL NOT WAIVE THE ATTORNEY-CLIENT PRIVILEGE. THE BOARD WILL NOW ENTERTAIN ANY REQUEST FOR CONSIDERATION. AND ACTION. I KNOW THAT YOU GUYS ASKED FOR THIS TO BE CORRECTED SO THE LEGAL COUNSEL AND THE EXECUTIVE DIRECTOR ARE ALWAYS INCLUDED, BUT I HAD COPIED THIS FROM A PREVIOUS ONE AND DIDN'T CATCH THAT, SO I WILL DO SO MOVING FORWARD. SO OFFICIALLY SINCE IT'S ON THE AGENDA, I REQUEST, UH, ATTENDANCE AND EXECUTIVE SESSION. SO DO WE HAVE ANYONE THAT WOULD LIKE TO ATTEND EXECUTIVE SESSION? NO. . . DO THEY NEED TO STATE THEIR NAME FOR THE RECORD OR ANYTHING LIKE THAT? THAT GREAT. DO WE HAVE TO ACKNOWLEDGE THEM FOR THE RECORD? I DON'T, THIS IS NEW. I DON'T KNOW. WELL, AND THERE'S A FORM THEY HAVE TO FILL OUT TOO, RIGHT? LIKE THERE'S A FORM AND A CONFIDENTIALITY THING THAT HAS TO BE SIGNED AND ALL THAT STUFF. WE DO HAVE A FORM IN THE POLICIES THAT WERE JUST PASSED. UM, THE, I SHALL PRINT IT THE ONE HOUR BEFORE THE MEETING. POLICY WON'T WORK THIS TIME. . SO WHAT WON'T THE, SO THE ONE HOUR BEFORE THE MEETING PART WON'T WORK THIS TIME BECAUSE OH YEAH, YEAH. 'CAUSE IT'S NOT AN HOUR THEY, THEY COULDN'T HAVE. RIGHT. BUT IT'S JUST THE CONFIDENTIALITY FORM. MM-HMM . AND, AND THEN WE JUST VOTE ON UH, DO THEY HAVE TO STATE THE PURPOSE SINCE THAT'S PART OF THE REQUIREMENT AS WELL IS WE HAVE TO UH, WE HAVE TO EVALUATE WHETHER OR NOT IT MAY BE NECESSARY. YEAH, WELL THERE'S, THEY CAN IDENTIFY WHICH PART OF EXECUTIVE SESSION I'M TRYING TO GO INTO. SO WHAT'S THE PROCESS FOR THAT THEN? RIGHT NOW, SINCE WE HAVE, RIGHT NOW, SINCE WE'RE MAKING IT, WE WOULD HAVE THEM FILL OUT, TYPICALLY THEY WOULD HAVE THE FORM FILLED OUT ALREADY AND YOU GUYS WOULD HAVE THE FORM AND YOU COULD HAVE THEM STATE OR YOU COULD HAVE, UM, CHENEY READ IT OUT. YOU GUYS CAN DECIDE AND THEN YOU VOTE PER PERSON. THIS SEEMS A LITTLE BIT CHOPPY. SO ARE WE GOING TO BE VOTING ON EACH INDIVIDUAL ITEM? LIKE THEY MUST HAVE INTERESTS THAT ARE NOT ADVERSED TO THE CORPORATION. THESE ARE CITY COUNCIL MEMBERS. SO, WELL, THERE'S A FORM CHAIR THAT WE JUST APPROVED. I SAW IT. IT'S JUST PER PERSON. SO IT'S JUST PER PERSON. UM, AND THE FORM. OKAY. IF YOU HAD DISCUSSION, LIKE IF YOU HAD A CONCERN THAT SOMEBODY WAS ADVERSE, THEN YOU COULD, THAT'D BE PART OF THE DISCUSSION. BUT YOU'RE JUST VOTING PER PERSON. DO THEY GET TO COME IN YES OR NO? OKAY. SO I HAVE THE FORM PRINTING AND IS THERE, UH, OKAY, I DON'T HAVE THAT SYSTEM IDEA. IS IT THE CONFLICT OF INTEREST FORM? IS THAT THE ONE THAT THEY'RE SUPPOSED TO FILL OUT ALSO PERMISSION? ARE WE NO, I HAVE THE OH, THE CONFLICT OF INTEREST. THE CONFIDENTIALITY FORM IS WHAT WE ALL SIGN FOR US NOT, YEAH. YEAH. OKAY. SO I DON'T SEE EXECUTIVE SESSION REQUEST FORM EXHIBIT BB. YEAH, I, I HAVE THAT PRINTED. THAT'S IT. THAT'S IT. THAT'S IT. OKAY. I THOUGHT IT WAS, I THINK IT'S GOT A CONFIDENTIALITY THING ALREADY. IT DOES. IT'S ON, IT'S ON THERE, RIGHT? TRYING TO FIND OUT. IT'S REALLY JUST, WHAT'S YOUR NAME? WHAT ORGANIZATION DO YOU REPRESENT? DO YOU AGREE NOT TO TELL ANYBODY WHAT YOU HEARD IN EXECUTIVE SESSION? LIKE THAT'S REALLY WHAT THE, HERE, WHAT THE FORM SAYS, BUT THERE'S NO PLACE IN MANY PARAGRAPHS FOR WHAT ITEM? IT IS AN EXECUTIVE SESSION THAT THEY WISH TO PARTICIPATE IN OR HEAR ABOUT OR ANYTHING LIKE THAT. LOOK AT THE FORM SUBJECT MATTER FOR WHICH ATTEND SUBJECT MATTER. THAT'S WHAT SUBJECT MATTER. YEAH. SUBJECT. SUBJECT MATTER IS PART OF IT. MM-HMM. YEAH. IS THIS FOR ANYONE TO ATTEND EXECUTIVE SESSION OR JUST CITY COUNCIL MEMBERS? ANYBODY COULD ASK ANYBODY. ANYONE. ANYONE CAN ATTEND EXECUTIVE. WELL, ANYBODY CAN ASK. ANYONE CAN ASK. OKAY. WE DON'T HAVE TO LOOK THOUGH. WE DON'T HAVE, BUT MOST PEOPLE MYSELF DON'T WANT TO, WE WANT TRANSPARENCY, RIGHT? I JUST NEED TO KNOW HOW MANY TO PRINT. NO, BUT I WAS JUST THINKING, YOU KNOW, WHEN WE'RE INTOX EVERYBODY HERE THAT WANNA PURCHASE LAND, ALL OF THAT YOU CAN ASK THEIR INTEREST WOULD BE ADVERSE. NO. OKAY. IF THEY, IF YOU'RE TRYING TO PURCHASE SOMETHING FROM SOMEBODY OR GOING TO A CONTRACT WITH SOMEBODY, THEIR INTERESTS ARE ADVERSE AND THEY WOULDN'T PASS THE RIGHT, THAT'S THE BYLAW CHANGE. IF IT'S ADVERSE AND STATE LAW. SO AARON, MR. KING, BUT ANYBODY CAN REQUEST IT, BUT TECHNICALLY ANYBODY CAN ASK IF WE FEEL AS A BOARD THAT IT'S ADVERSE, THEN, YOU KNOW MM-HMM . I'VE HAD THIS COME UP BEFORE WITH EDCS, LIKE WHEN THEY HAD SOMEBODY FROM THE FIRE DEPARTMENT THAT, AND THERE WAS A FIRE DEPARTMENT RELATED ISSUE AND THEY WANTED TO ATTEND AND THEY DIDN'T HAVE A PROCESS IN PLACE TO FIGURE OUT, OKAY, ARE [01:35:01] YOU ALRIGHT? CAN YOU GO GRAB THESE ADVERSE OR NOT? RIGHT? SO IT JUST GIVES A PROCESS. RIGHT. WHICH PROCESSES ARE GOOD? MM-HMM . THEY KEEP EVERYBODY HONEST. KNOW MY DATE OF THE PART TOO. SECURITY NUMBER. THE 12TH. SO NOW THAT THIS HAS BEEN APPROVED, STAFF WILL HAVE THESE PRINTED AHEAD OF TIME AND, AND ALL THAT. BUT JUST ONE MORE FORM THAT PEOPLE CAN FILL OUT BEFORE THE MEETING. TWO, THREE. OKAY. UM, WE'RE NOT, WE'RE NOT IN RECESS. UH, COUNCIL, THERE'S GONNA BE FOUR CITY COUNCIL MEMBERS IN THE ROOM AT THE SAME TIME. DOES THAT CONS CONSTITUTE A QUORUM? YES. FOR THAT BODY, OUR AGENDAS ARE ALWAYS NOTICED THAT THERE MAY BE A POSSIBLE QUORUM OF COUNCIL. OKAY, SO WE'RE GOOD. JUST MAKING SURE. YEP. IT'S NOT THE FIRST TIME THIS HAS BECOME . WOW. NO. A COMMON PRACTICE. VERY. I JUST WANT TO MAKE SURE. THANK YOU THOUGH. [01:41:32] CHATTING. OKAY, MADAM CHAIR, I HAVE, UM, FOUR REQUESTS TO ATTEND EXECUTIVE SESSION THIS EVENING. UH, THE FIRST ONE IS MYSELF, . UH, I'M THE EDC EXECUTIVE DIRECTOR REQUESTING ATTENDANCE AND EXECUTIVE SESSION FOR ALL ITEMS AS I'LL BE PROVIDING UPDATES AND NECESSARY INFORMATION TO INFORM THE BOARD ON ALL THE ITEMS. SO, UM, DO WE HAVE ANY OTHER DISCUSSION OR DO WE HAVE A MOTION TO APPROVE? I DON'T THINK WE HAVE TO MOTION. I THINK YOU JUST ASKED FOR A VOTE OR A YAY OR A RIGHT. ANY OTHERS? IS THAT RIGHT? A MOTION TO APPROVE? YEAH. SO, SO CHAIR, NEED TO APPROVE? YEAH. CHAIR, I MOVE. WE APPROVE. UH, DIRECTOR GABO REQUEST TO ATTEND EXECUTIVE SESSION. I'LL SECOND IT. OKAY. WE HAVE A MOTION BY VICE CHAIR MATT MITTON AND SECONDED BY TREASURER HENRY GIDEON. ANY OTHER DISCUSSION? UM, CAN YOU CALL VOTE PLEASE? SECRETARY OWENS. AYE. VICE CHAIRMAN MINTON AYE. CHAIR. CLANCY AYE. BOARD MEMBER GONZALEZ. AYE. TREASURER. GIDEON AYE. BOARD MEMBER THOMPSON. AYE. BOARD MEMBER MCLAUGHLIN? AYE. OKAY. MOTION PASSES. SEVEN. OH, OKAY. WE HAVE TO DO THIS FOR, FOR COUNCIL AS WELL. 'CAUSE IT'S NOT ON THE PARAGRAPH FOR ON WHAT? SORRY FOR THE EXECUTIVE SESSION. 8.1. IT JUST SAYS BOARD OTHER THAN ANYONE OTHER THAN THE BOARD DIRECTORS ELIGIBLE PARTIES. MM-HMM . YEAH, IT SAYS WE'LL CONSIDER ANY REQUESTS FROM ELIGIBLE PARTIES TO ATTEND ALL OUR PORTION. SO, SO MY QUESTION IS, DO WE ALSO HAVE TO REQUEST THAT LEGAL BE ALLOWED? OH, SORRY. ALLY HEARD SINCE IT'S NOT IN THE PARAGRAPH, I'M JUST MAKING SURE WE'RE I'M JUST TRYING TO MAKE SURE WE'RE FOLLOWING THE RULES AND THAT WE'RE TECHNICALLY THE BYLAWS AND THE POLICIES ALREADY STATE THE EXECUTIVE DIRECTOR AND LEGAL SO, OH, I MISSED. FINE. SO EVEN THOUGH IT'S NOT ON THERE, WE'RE FINE. WE'RE FINE. OKAY. SO THE SECOND REQUEST WE HAVE IS FROM, UH, MIKE SNYDER. MAYOR CITY OF HU UH, RE OKAY. SUBJECT MATTERS. UH, THE ROVE CASE, TITAN MEGASITE, SPINE ROAD, COTTONWOOD PROPERTIES, BUDGET AMENDMENTS AND POLICIES. UH, REASON FOR ATTENDANCE IS MAY HAVE INTEREST. I'LL MAKE A MO MOTION TO APPROVE MIKE SNYDER. I SECOND IT. OKAY. WE HAVE A MOTION, UM, BY SECRETARY TERRANCE OWENS AND SECRETARY. SECONDED BY BOARD MEMBER, UH, IRMA GONZALEZ. ANY OTHER DISCUSSION? COULD WE CALL A VOTE PLEASE? BOARD MEMBER MCLAUGHLIN AYE. CHAIR CLANCY AYE. BOARD MEMBER GONZALEZ. AYE. VICE CHAIR MINTON AYE. BOARD MEMBER THOMPSON. AYE. SECRETARY OWENS AYE. TREASURER GIDEON AYE. MOTION PASSES. SEVEN. OH. OKAY. NEXT REQUEST WE HAVE IS FROM EVAN PORTERFIELD, UH, CITY COUNCIL PLACE FIVE. UH, REQUESTING FOR ALL EXECUTIVE ITEMS AND REASON FOR REQUEST TO CITY COUNCIL MEMBER I'LL MAKE A MOTION TO APPROVE AARON. UM, KEVIN. EVAN, SORRY, UH, TO ATTEND CLOSED SESSION MEETING FOR ALL ITEMS. [01:45:01] DO I HAVE A SECOND? I'LL SECOND. OKAY. I HAVE A MOTION BY SECRETARY TERRANCE WELDEN. SECONDED BY VICE CHAIR MATT MITTON. ANY OTHER DISCUSSION? CAN YOU CALL A VOTE PLEASE? UM, I HAVE A QUESTION FOR LEGAL MM-HMM . UM, ARE WE, UH, WAIVING ATTORNEY-CLIENT PRIVILEGE IN ANY OF THESE? UM, SINCE THERE WAS NOT A REALLY A SPECIFIC, UM, REQUEST ON THAT ONE, IT WAS JUST KIND OF GENERAL. WOULD WE BE, UM, IN ANY SITUATION WHERE WE WOULD BE WAIVING ATTORNEY-CLIENT PRIVILEGE BY, UM, ALLOWING, UM, ENTRY ON THIS APPLICATION OR THIS FORM? SO I'M JUST REAL QUICK READING THROUGH REMINDING MYSELF WHAT THE DIFFERENT THINGS ARE. THAT'S FINE. UM, NO, I DON'T, I THINK YOU'RE GOOD ON ALL THESE. OKAY, GOOD. I JUST WANNA MAKE SURE THAT'S THE CASE BEFORE WE GO DOWN THE ROAD ON A VOTE, CAN YOU CALL VOTE PLEASE? SECRETARY OWENS. AYE. CHAIR CLANCY. AYE. VICE CHAIRMAN? AYE. BOARD MEMBER GONZALEZ. AYE. TREASURY. GIDEON AYE. BOARD MEMBER THOMPSON. AYE. BOARD MEMBER MCLAUGHLIN AYE. MOTION PASSES. SEVEN. OH, OKAY. AND FINALLY WE HAVE A REQUEST TO ATTEND EXECUTIVE SESSION FROM PETER GORDON, PLACE FOUR AND MAYOR PRO TEM FOR CITY OF HU. UH, ALL ITEMS LISTED IN EXECUTIVE SESSION, UH, CITY COUNCIL REASON FOR REQUEST TO CITY COUNCIL? UH, THESE ITEMS MAY AFFECT DECISIONS I'LL BE MAKING IN THE, IN THAT CAPACITY IF AND WHEN THEY COME BEFORE ME HEARING THE DELIBERATIONS WILL HELP ME MAKE GOOD DECISIONS. I'LL MAKE THE MOTION. OKAY. I HAVE HAVE A MOTION BY TREASURER HENRY GIDEON SECONDED BY BOARD MEMBER IRMA GONZALEZ. ANY OTHER QUESTIONS? UM, CAN YOU CALL VOTE PLEASE. I'M SORRY. CHAIR. WHO WAS THE SECOND? I WAS STILL WRITING ON THE BOARD MEMBER IRMA. GOT IT. THANK YOU GONZALEZ. AND THE MOTION WAS TREASURER GIDEON, IS THAT CORRECT? OKAY. THANK YOU. YEP. BOARD MEMBER THOMPSON AYE. BOARD MEMBER MCLAUGHLIN. AYE. BOARD MEMBER GONZALEZ. AYE. TREASURER GIDEON AYE. CHAIR CLANCY. AYE. VICE CHAIRMAN MINTON AYE. SECRETARY OWENS AYE. MOTION PASSES. THIS IS SEVEN OH THE TIME IS NOW EIGHT 18 AND WE UM, ARE GOING TO EXECUTIVE SESSION. DO YOU NEED TO READ THE LANGUAGE? DO I NEED TO READ EIGHT TWO? YEP. . OKAY. EIGHT TWO. THE BOARD WILL NOW RECESS THE OPEN MEETING AND RECONVENE AN EXECUTIVE SESSION PURSUANT OF TEXAN GOVERNMENT CODE SECTION 5 5 1 0 7 1 ATTORNEY CONSULTATION AND SEEK LEGAL ADVICE REGARDING ONE ROSNER VERSUS HATO ECONOMIC DEVELOPMENT CORPORATION PENDING IN WILLIAMSON COUNTY DISTRICT COURT. TWO AMENDMENTS TO THE CORPORATION'S TYPE A AND TYPE B BYLAWS. THREE. COMPLIANCE WITH EXECUTIVE SESSION CONFIDENTIALITY BY BOARD MEMBERS FOR THE CREATION AND ADOPTION OF CORPORATE POLICIES AND PROCEDURES. FIVE. THE PROPOSED FISCAL YEAR 2026. BUDGET OF THE CORPORATIONS AND THE FOLLOWING ECONOMIC DEVELOPMENT PROJECTS. PROJECT MAESTRO, THE SPINE ROAD CONSTRUCTION PROJECT, THE MEGASITE PROJECT, PROJECT TITAN PROJECT SQL PROJECT. JADP OR JPD. THE PLANNING AND DEVELOPMENT OF THE COTTONWOOD PROPERTIES AND ANY RELATED INCENTIVES. CONSIDERATION OF THE ACQUISITION OF REAL PROPERTY BY THE TYPE A, TYPE B CORPORATION AND THE EVALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVES. THE TIME IS NOW EIGHT 19. OKAY, THE TIME IS NOW 10 25 AND WE ARE BACK FROM EXECUTIVE SESSION 9.1. CONSIDER AN POSSIBLE ACTION RELATED TO EXECUTIVE SESSION AGENDA ITEMS LISTED ABOVE. THERE'S NO ACTION. 9.2, DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH 2025 DASH 1 28 TO APPROVE THE RECOMMENDATION TO CITY COUNCIL OF THE APPLICATION FOR A CHAPTER THREE 12 PROPERTY TAX ABATEMENT FOR PROJECT TITAN AND NO ACTION. ANY UH, FUTURE AGENDA ITEMS? NO. OKAY. THE TIME IS NOW 10 26 AND WE ARE ADJOURNED. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.