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WE'LL CALL THE CITY COUNCIL[1. CALL SESSION TO ORDER]
POINT MEETING AT THE ECONOMIC DEVELOPMENT CORPORATION FOR THURSDAY, OCTOBER 2ND ORDER.AND I'LL TURN THIS OVER TO JOHN CARLSON.
WHO'S THE VICE CHAIR? HAVEN'T DONE THAT ONE YET.
WHAT? WE HAVE A, DO WE HAVE A FORM? YEAH, WE HAVE HOW THAT WORKED OUT.
COUNCIL BOARD MEMBER NYER HERE.
[Items 3.1 & 3.2]
ONE, DISCUSS AND CONSIDER ACTION REGARDING ECONOMIC DEVELOPMENT POLICIES, PRIORITIES AND PROGRAMS INCLUDING, BUT BUT NOT LIMITED TO A RETAIL AND RESTAURANT INCENTIVES PROGRAM.SO, UM, I SHARED SOME DOCUMENTS THAT HAD ALREADY BEEN SHARED WITH THE EDC BOARD AT THEIR MEETING ON NINE EIGHT.
UM, BUT REALLY JUST SEEKING SOME ADDITIONAL INPUT AND FEEDBACK ON, UM, AN INCENTIVES PROGRAM AND APPLICATION.
THE ONE THAT WAS PROVIDED WAS A SAMPLE FROM, DEPENDING ON HOW YOU WANNA PRONOUNCE IT, CAPEL OR PLE EXIT.
IS IT OKAY STILL? IM STILL LEARNING THIS.
MIDWESTERNERS STILL LEARNING HOW WE PRONOUNCE.
I DO HAVE A WORKING DRAFT ALSO OF ONE THAT WOULD PROBABLY BE BETTER SUITED FOR HU BUT IT CAPTURES ALL THE DIFFERENT TYPES OF INCENTIVES AND IT'S STRUCTURED TO BE AN ONLINE APPLICATION.
SO I FELT IT WAS A LITTLE BIT OVERWHELMING, CONFUSING AND MIGHT NOT LEND ITSELF VERY WELL.
TO THE PURPOSES OF THIS DISCUSSION, WHICH IS REALLY JUST, WHAT DO Y'ALL FEEL ARE THINGS THAT YOU WANT RECRUITMENT EFFORTS TO GO TOWARDS? WHAT ARE THINGS THAT YOU FEEL, UM, ARE QUALIFIED FOR INCENTIVES, SUPPORT OR NOT? ANYTHING LIKE THAT.
IF YOU GUYS WANNA DRAW HARD LINES.
THE, THE BEAUTY OF THE EDC IS THAT THEY DO HAVE THAT DISCRETIONARY CAPABILITY SO THEY CAN LOOK AT THINGS ON A CASE BY CASE BASIS.
SO IF IT'S AS SIMPLE AS HERE'S SOME THINGS THAT WE WANT YOU TO GO AFTER, BUT IF SOMEBODY WANTS AN INCENTIVE, THEY JUST FILL OUT THE APPLICATION.
IT'S A STANDARDIZED, STANDARDIZED PROCESS.
AND THEN WE EVALUATE IT BASED ON WHATEVER PRIORITIES YOU GUYS DETERMINE.
UM, IS THIS BASED ON, I BROUGHT UP THE, UH, AT THE EDC MEETING.
AARON, YOU'RE THE ONLY PERSON THAT HEAR THIS
I FEEL LIKE STAFF'S CHASING DOWN A HUNDRED DIFFERENT LEADS AND EVERYBODY THAT COMES UP, IT'S LIKE, YEAH, MAYBE WE CAN, MAYBE WE CAN'T.
AND THEN THEY MAY PUT IN A, A SIGNIFICANT AMOUNT OF TIME ONLY FOR US TO COME BACK AND GO, WHY WOULD YOU, WHY WOULD WE EVER DO THAT? WE'RE NOT GONNA DO THAT.
AND THEN THERE'S FRUSTRATION THERE KIND OF LIKE, WELL, OKAY, AND THEN THE NEXT TIME, WHY WOULDN'T WE HAVE DONE THAT? WE SHOULD HAVE DONE THAT.
AND SO I THINK SOMETIMES STAFF IS LIKE, OKAY, WELL WHAT DO YOU WANT? WHAT DO YOU DON WANT? AND WE'VE NEVER REALLY PUT ANYTHING DOWN IN PAPER.
AND SO THE CONCEPT I BROUGHT UP TO DDC BOARD WAS NOT THAT WE HAVE LIKE A BLACK AND WHITE IT IS OR IT ISN'T, BUT MORE OF A WAY TO SAY, LOOK, WE'RE TARGETING, SAY, UM, A RESTAURANT MAYBE AS AN EXAMPLE, RESTAURANTS WITH SALES IN EXCESS OF FOUR OR $5 MILLION A YEAR THAT ARE REGIONAL, INTERNATIONAL IN NATURE.
AND IF YOU MEET THESE CRITERIA, YOU MAY BE ELIGIBLE FOR SAY, 50% OF YOUR SALES TAX BACK YEAR ONE, YEAR TWO, YEAR THREE OR WHATEVER.
AND THEN IT'S WORDED IN A WAY TO WHERE CHENEY OR WHOEVER CAN STILL GO BACK AND SAY, LOOK, YOU DON'T MEET THE REQUIREMENTS THEY'RE LOOKING FOR, BUT WE CAN STILL BRING IT UP.
AND YOU KNOW, THEY'VE BEEN KNOWN TO CHANGE, BUT THEN SHE CAN ALSO SAY TO THE BIGGER PEOPLE, LIKE, YOUR SALES AREN'T QUITE THERE, YOU MAY GET A LITTLE BIT LESS.
AND IT'S ALMOST LIKE A WAY TO NEGOTIATE IN A WAY.
AND THEN TO KIND OF STEER RESOURCES IN A MANNER TO WHERE WE'RE NOT EVERY, UM, ITEM THAT COMES BEFORE US NECESSARILY.
IT MAY JUST BE, HEY, THIS DIDN'T MEET, I'LL BRING IT TO THEM AND THAT'S IT.
UM, JUST I'D SEEN SOME, I THINK THE OTHER THING I SAID, I HAD SEEN SOME CITIES THAT ALSO WENT OUT AND SPECIFICALLY ASKED LIKE, NOT WHAT KIND OF RESTAURANT DO YOU WANT,
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BUT SPECIFICALLY WHAT DO YOU WANT? AND PEOPLE WERE LIKE, I WANT A BUFFALO WILD WINGS.AND SO THEN THE CITY OR THE EDC, WHOEVER IT WAS, FOCUS ON GETTING BUFFALO WILD WINGS INSTEAD OF JUST A RESTAURANT.
BECAUSE SOON AS YOU SAY A RESTAURANT, THEY WERE COMPLAINING, WELL, WE DON'T WANT MEXICAN.
WHY'D YOU DO A BURGER? OKAY, WELL AGAIN, WHAT DO YOU WANT? SO WE ASKED THE PEOPLE SPECIFICALLY, AND THIS PARTICULAR CITY WAS IN DFW.
UM, THEY HAD LIKE, I MEAN LIKE A LOT OF 30% OF PEOPLE WANTED THIS, SO WE KNOW WHAT 30% MM-HMM
THAT'S NOT, DOESN'T MAKE EVERYBODY HAPPY.
BUT THEN IT KIND OF HELPED US.
SO THAT'S REALLY, I THINK WHAT WE TALKED ABOUT.
AND YEAH, I WOULD JUST ADD, I THINK THE BENEFIT FOR STAFF IS HOW DO IS IN SUCH A BEAUTIFUL POSITION RIGHT NOW WHERE WE'RE ATTRACTING A LOT OF ATTENTION AND THERE'S A LOT OF OPPORTUNITY.
AND SO IT IS VERY EASY TO JUST ENTERTAIN ANYTHING AND EVERYTHING THAT COMES ACROSS BECAUSE THERE IS SO MUCH INTEREST.
BUT IT'S REALLY HELPFUL FOR STAFF TO HAVE A BACKSTOP WHERE I OR MY TEAM CAN SAY NO, BECAUSE RIGHT NOW IT, WELL, I DON'T HAVE A CLEAR YES OR NO.
SO EVERYTHING COMES TO THE BOARD AND NOW WITH THE NEW STRUCTURE, EVERYTHING COMES TO COUNCIL.
AND I'M NOT TRYING TO WASTE Y'ALL'S TIME EITHER.
IT'S LIKE, IF, IF I'M BRINGING STUFF AND YOU'RE LIKE, WHAT IS THIS ABOUT? OR IF WE'RE MISSING STUFF, YOU'RE LIKE, HEY, THAT WOULD BE GREAT.
I JUST NEED SOME, IT WOULD BE HELPFUL TO HAVE SOME PARAMETERS AND BETTER UNDERSTAND THE PRIORITIES OF THESE BODIES SO THAT WHEN I AM RECRUITING OR WE ARE RECEIVING INQUIRIES, I CAN PROCEED APPROPRIATELY AND IT'S IN ALIGNMENT WITH WHAT THESE BODIES WANT.
THEN I THINK THIS COULD ALSO HELP US STREAMLINE FROM THE START TO THE FINISH OF, UH, SORRY, SHE'S GOT CAMOUFLAGE ON GO QUICKER IN OUR PROCESSES.
IF WE'RE HITTING THE, THE ONES THAT WE, THIS IS ON OUR LIST.
THIS, THIS IS CHECKING BOXES, WE CAN MOVE FASTER.
AND THEN THE ONES THAT LIKE, DON'T HIT THE BOXES IF WE DON'T HAVE TIME OR CHANEY'S GOT FIVE OUR THINGS TO DO IN ONE.
WE THE ONE THAT'S NOT HITTING OUR LIST, THAT'S THE ONE WE DON'T RETURN PHONE CALLS THIS WEEK ON OR WE DON'T SPEND TIME ON.
AND THEN THE ONE THAT'S LIKE HITTING EVERYTHING, LIKE SAY GROCERY AND THAT'S THE ONE THAT'S LIKE, OKAY, WE'RE GONNA HAVE TO FOCUS ON THIS, BUT I CAN ALWAYS GO FOR MORE FRIED CHICKEN PARTS.
BUT I DON'T THINK, I DON'T THINK THE CITY WANTS THAT.
I THINK THEY'RE DONE WITH THE, UH, THE GREASY MILE THAT'S BEEN BEING REFERRED
SO IT SOUNDS LIKE BY STREAMLINING IT, IT'S GONNA HELP YOU TOO.
BECAUSE THEN IF I CAN CONFIDENTLY PROCEED WITH SOMETHING OR NOT AND KNOW THAT I'M IN ALIGNMENT, MY TEAM IS IN ALIGNMENT WITH THE EDC AND THE COUNCIL, THEN I'M NOT GONNA BE CONCERNED THAT IF I SAY, I DON'T THINK THIS IS QUITE RIGHT OR IT DOESN'T SEEM LIKE A VERY HIGH PRIORITY, AND THEY REACH OUT TO BOARD OR COUNCIL AND THEY COME DOWN AND SAY, WELL, WHY AREN'T YOU RETURNING THIS CALL? WHY AREN'T YOU ENGAGING? WHY AREN'T YOU SETTING UP THIS MEETING? I HAVE SOMETHING TO SAY, WELL, IT DOESN'T ALIGN HERE.
AND THEN IT CREATES GOOD UNDERSTANDING FOR THE BODIES TOO, OF LIKE, OKAY, WE'RE CONFIDENT IN WHAT WE'VE ESTABLISHED AS PRIORITIES, SO WE KNOW THAT WHAT THEY'RE WORKING ON IS, IS WHAT WE LIKE.
THE APPLICATION IS REALLY JUST A WAY TO FUNNEL EVERYTHING TO THE SAME PLACE.
STANDARDIZE THE FEEDBACK YOU SHOULD DIRECTLY HAVE AT SOME POINT IS A WAY FOR YOU TO FILTER ALL THAT ONCE IT COMES THROUGH, HOW ARE WE COLLECTING THAT? SO WE HAVE, UM, COLLECTING THE FEEDBACK OR COLLECTING THE APPLICATIONS.
THAT'S WHAT THIS WE'RE HERE FOR.
YEAH, I'M, I'M, I'M HEARING THAT WE WANNA MAKE SURE THAT WE HAVE AN UNDERSTANDING OF WHAT OUR COMMUNITY WANTS.
I WOULD ALSO CAUTION THAT INCENTIVES ARE NOT JUST FOR RESTAURANT AND RETAIL.
WE ALSO OFFER THEM FOR JOB CREATION, CAPITAL INVESTMENT, THINGS LIKE THAT.
AND SO IF WE WANT SEPARATE PROGRAMS, WE CAN ABSOLUTELY DO THAT.
UM, BUT I WOULD JUST ENCOURAGE US TO KEEP AN OPEN MIND TO WHAT, WHAT PRIORITIES MIGHT LOOK LIKE ON THAT SIDE OF THE HOUSE.
ALSO WITH THAT ARM OF ECONOMIC DEVELOPMENT.
SO, SO THAT COULD INCENTIVIZE LIKE, UM, MANUFACTURING MM-HMM
THOSE, THOSE ARE THE ONES THAT THERE ARE MORE SPECIFIC, WHAT I CALL, UH, OPPORTUNITIES THAT DON'T REQUIRE THE THE 90 DAY HEARING PROCESS BECAUSE THE LAW SAYS YOU CAN JUST DO THOSE.
SO YEAH, IF IT'S GONNA MAKE PRIMARY JOBS AND IT'S A MANUFACTURING TYPE OF POSITION, UM, THOSE ARE THE ONES THAT ARE UH, I GUESS THE ROOT, YOU BROUGHT UP A GOOD POINT.
IT'S LIKE, REMEMBER WE TALKED TO THE COUNCIL ABOUT MAYBE DIRECTING STAFF TO WHERE IF IT'S A BUSINESS THAT USES X AMOUNT OF WATER, WE'RE NOT INTERESTED BECAUSE
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IT WOULD BE DEEMED LIKE A HIGH WATER USER.BUT ALSO, UH, ON MY TIME HERE WE'VE HAD A, A LITHIUM BATTERY MAKER WHEN TO COME HERE.
IS THAT SOMETHING WE'RE INTERESTED IN? ARE WE INTERESTED IN A PARTS WASHING THAT MAYBE, YOU KNOW, PUTS CERTAIN CHEMICALS IN THE WATER THAT MAY NOT BE THE BEST AND MAYBE BACK 10 YEARS AGO THAT HU WOULD'VE BEEN INTERESTED IN THAT? 'CAUSE WE JUST WANTED ANY DEVELOPMENT.
BUT NOW THERE ARE HOUSEHOLD INCOMES ARE OVER 130,000 OR TRENDING YOUNGER IN FAMILIES.
YOU KNOW, DO WE MAYBE WANNA LOOK AT MORE HIGHER END STUFF, THE MACHINING AND THE HIGH TECH STUFF AND LET, I HATE TO CRITICIZE OTHER CITIES, BUT LET MAYBE THE STUFF THAT'S NOT AS HIGH TECH GO TO OTHER CITIES THAT MAYBE HAVEN'T STARTED MOVING YET.
AND SO I THINK THAT'S WHERE A POLICY, LIKE YOU WERE SAYING WOULD HELP ON THAT TOO, TO WHERE
AND THEN THAT WAY, TO YOUR POINT, IF THEY BRING IT UP, THEY GO, YEAH, THAT'S REALLY NOT, OR YEAH, I DON'T MIND HEARING MORE ABOUT IT.
MAYBE WE MISUNDERSTOOD, BUT WE'VE HAD PEOPLE WANNA DUMP BESIDES THE LITHIUM TO PEOPLE THAT WANT THE, I SAY PARTS WASHING, I DON'T KNOW WHAT ELSE, BUT OUR WATER.
YEAH, YEAH, OUR WATER, UH, DISCHARGE PERMITS WOULDN'T ALLOW WHAT THEY WERE GONNA BE DISCHARGING INTO THE WATER.
AND HERE WE'RE TALKING ABOUT MAYBE RECLAIMING IT AND USING IT SO THAT WE WANT THAT STUFF IN THERE.
SO I THINK ALL THESE THINGS, BECAUSE WE KEEP SAYING WE'RE NOT GONNA HIRE MORE PEOPLE AND WE GOTTA BE MORE EFFICIENT.
AND THEN I THINK IT'S UP TO US TO GO, OKAY, NOW IT'S ON US TO SAY NARROW THINGS DOWN.
AND I THINK IT'S OKAY TO PUT SOMETHING OUT TO THE PUBLIC, TO THE UM, BUSINESS WORLD THAT, YOU KNOW, HUS ONLY LOOKING FOR CERTAIN MANUFACTURING AND THEN THAT'S OKAY IF, YOU KNOW, WE TURN PEOPLE AWAY, IT MAKES SENSE.
YOU KNOW, BECAUSE WHEN YOU BRING THOSE TYPES OF BUSINESSES HERE, IT, TO YOUR POINT, IT EMPLOYS, UH, THE RESIDENTS OF HU RIGHT? SO THEY LIVE HERE, THEY WORK HERE, THEY'RE GONNA SPEND THEIR MONEY HERE.
SO YEAH, IT CREATES A NICE ECOSYSTEM OR A CAN IF IT'S
THE OTHER THING I WILL SHARE THAT I THINK WITHIN MY EMAIL TO Y'ALL AS WELL IS THIS IS A REALLY HELPFUL RECRUITING TOOL BECAUSE THERE ARE OTHER COMMUNITIES THAT HAVE A VERY CLEAR, AT LEAST BASELINE OF INCENTIVES AND THEY CAN GO TO THOSE COMPANIES THAT THEY REALLY WANT TO RECRUIT AND THEY CAN SAY, HEY, BASED OFF OF YOUR CAPITAL INVESTMENT, YOUR AVERAGE SALARY, YOUR NUMBER OF JOBS, YOU COULD QUALIFY FOR X IN INCENTIVES.
AND THAT'S A REALLY, REALLY POWERFUL RECRUITMENT TOOL.
RATHER THAN, I DON'T KNOW, I'M GONNA HAVE TO GO TALK TO MY BOARD BECAUSE TIME IS MONEY.
IF YOU CAN SAY THAT RIGHT UP FRONT.
I THINK THAT'S REALLY A STRONG POSITION TO COME TOO, BECAUSE THEN WE'RE KIND OF KILLING TWO BIRDS WITH STONE.
THE COMMUNITY'S GETTING WHAT IS BEING PRIORITIZED, SO THEY'RE GETTING GOOD STUFF.
WE'RE ALSO ABLE TO OFFER THOSE INCENTIVES AND STREAMLINE THAT AND GET IT FASTER, WHICH IS IMPORTANT TO THE COMPANIES.
THIS LIKE MY, YOU SAID TWO THINGS, JOB CREATION AND WAS IT MANUFACTURING? WAS IT THE, THE TWO THINGS, THE CATEGORIES.
UH, CAPITAL INVESTMENT CAPITAL, YEAH, CAPITAL INVESTMENT.
THE SALARIES AND THE QUANTITY AND, AND SPECIFICALLY WHEN WE'RE TALKING ABOUT MANUFACTURING IS WE KIND OF LEAN A LITTLE MORE TO HEALTHCARE AND THINGS LIKE THAT.
I'M NOT TALKING ABOUT PHARMAC PHARMACEUTICAL, CHEMICAL MANUFACTURING, BUT PACKAGING WHERE IT'S CHEMICAL RUN OFF SITE OR HOW DOES THAT, DOES THAT JUST FIT INTO REGULAR MANUFACTURING OR, AND ALSO LIKE FOR IMAGING DEVICES, WHETHER IT BE CT, YOU KNOW, HAVING A MANUFACTURER OF CT OR MRI TYPE OF THINGS, NOT ONLY WITH THE TRADE SCHOOLS AND VOCATIONAL AND, AND THAT'S A HIGH DOLLAR, IT'S NOT A LARGE LABOR POOL, BUT IT'S A HIGH DOLLAR ENTRY LEVEL SALARY AND WE, YOU KNOW, WE CAN GROW HERE, LEARN YOUR WORK HERE AND, AND THE MANUFACTURING HERE, HOW DOES THAT FIT IN? IS THAT JUST GENERAL MANUFACTURING FOR HEALTH RELATED? YEAH, MANUFACTURING, EVEN ADVANCED MANUFACTURING HAS BECOME SORT OF A CATCHALL FOR MULTIPLE SECTORS, MULTIPLE INDUSTRIES.
AS LONG AS THEY MANUFACTURE, THEY TECHNICALLY ALL WITHIN, THAT'S TYPICALLY HOW IT'S BEEN MARKETED.
DID YOU BRING IN GOOD THINGS SINCE WE'VE HAD A PHARMACEUTICAL MANUFACTURER THAT WAS GOING TO REQUIRE, I REMEMBER AN OBSCENE AMOUNT OF WATER AND IT WASN'T A PACKAGING.
IT SOUNDED LIKE IT WAS MORE OF A, WE'RE TAKING THIS STUFF TOGETHER AND MAKING THE PILL, WHATEVER IT WAS MM-HMM
AND UH, IF THAT'S NOT WHAT WE WANT BECAUSE OF THE WATER USAGE OR THE DISCHARGE OR WHATEVER, THEN LIKE, EVEN LIKE SAY DATA CENTERS.
SO RIGHT NOW I, IT SEEMS LIKE WE'RE OKAY WITH DATA CENTERS AS LONG AS ARE AIR COOLED DONE A CERTAIN WAY, DON'T, THEY DON'T AFFECT, UH, THE RESIDENTS.
OTHER CITIES ARE STARTING TO PUSH THAT.
SO IF WE WANT MORE DATA CENTERS, WE CAN ADD THAT IN AND SAY
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WE'RE OKAY WITH DATA CENTERS, BUT WE ONLY WANT AIR COOLED.AND THAT WAY THE PEOPLE WHO ARE USING HIGH WATER NOW TO KEEP ON GOING TO THE NEXT CITY AND THEN THE ONES THAT ARE AIR COOL TO MEET THE ONES THAT APPARENTLY WE HAVE THAT DON'T USE AS MUCH AS EVERYBODY ELSE.
THEN ALL OF A SUDDEN IT'S LIKE, OKAY, WE'RE OPEN FOR BUSINESS, BUT YOUR INCENTIVES, LIKE SHANE ONE TIME NOT PUT WORDS IN IN YOUR MOUTH.
YOU'RE LIKE, HEY, WE GAVE A LOT TO SOMEBODY COME IN.
HOW DO WE, HOW DO WE, UM, DIVERSIFY? AND I WAS LIKE, WELL IF THEY COME, I THINK WE DIVERSIFY BY MAYBE NOT HAVING AS MUCH INCENTIVES.
LIKE THE FIRST GROUP WAS 50% BACK, BUT NOW MAYBE WE'RE ONLY GONNA GIVE 30 OR 40% BACK.
AND SO WE JUST STARTED DIALING OFF THE INCENTIVES TO WHERE EVENTUALLY, IF WE'RE THE ONLY PEOPLE WILLING TO DO A DATA CENTER AND YET TO PAY YOUR FULL TAX LOAD, AT LEAST YOU GOT A DATA CENTER.
UM, AND I THINK THIS IS KIND OF PART OF ANOTHER POLICY DISCUSSION FOR TONIGHT TOO, BUT UM, IN LIEU OF MONETARY INCENTIVES, I THINK THERE'S A REAL OPPORTUNITY FOR THE CORPORATION AND THE COUNCIL TO STIPULATE, UM, REVIEW TIMES FOR ECONOMIC DEVELOPMENT PROJECTS.
I THINK THAT CAN OFTEN SUPERSEDE A MONETARY INCENTIVE BECAUSE HOW LONG IT TAKES THESE COMPANIES TO STAND UP AND START PRODUCING WHATEVER THEY'RE PRODUCING OR HOUSING, WHATEVER THEY ARE SUPPOSED TO BE.
HOUSING, UH, OPERATING, I GUESS WOULD BE
UH, THAT'S, THAT'S CRITICAL FOR THEM.
AND SO THAT'S ANOTHER TOOL THAT I THINK COULD QUALIFY AS AN INCENTIVE.
AND WE WOULD DEFINITELY LEANING, EXPEDITING THE PROCESS ITSELF IS THE INCENTIVE.
BUT AGAIN, COMMITTING TO THAT, ANY FORMAL CAPACITY SO THAT STAFF CAN GO OUT THERE AND SAY, WE REVIEW ECONOMIC DEVELOPMENT PROJECTS IN 10 DAYS.
AND ALSO SENDS A REALLY CLEAR MESSAGE ALSO I THINK TO THE COMMUNITY IS IF WE ARE EXPEDITING COMMERCIAL AND INDUSTRIAL DEVELOPMENT, PERHAPS IT FLOWS DOWN SOME OF THE RESIDENTIAL DEVELOPMENT.
AND SO I THINK THERE'S A REALLY NICE BALANCE THAT CAN BE ACHIEVED THERE IF THE BODY'S PRIORITIZED THAT WAY.
I DID WANT TO KIND OF CAVEAT ON HIGH WATER USAGE, SEMI USE, HEAVY LOW WATER, BUT IT'S ALL DI DI ICE WATER THAT THEY CREATE ON SITE.
NOW THERE'S INITIAL WATER SOURCE FROM THE CITY, BUT THAT'S RECLAIMED AND REUSED.
SO THAT'S OUTSIDE OF LEAKAGE AND SOME CONTAMINATION, WHATEVER DURING THE NORMAL PROCESS.
AND, BUT EVEN IF THEY'RE USING DI WATER, THAT'S NOT GONNA BE A LONG TERM USE OF CITY WATER.
'CAUSE ONCE YOU'VE GOT THAT INTO YOUR SYSTEM AND YOU'RE RECYCLING THAT, BUT
THAT'S WHETHER THEY RECLAIMING THAT OR NOT.
THAT'S A LOT OF WATER TO BE RIGHT.
BUT IF THEY NEED, LIKE I THINK SOME OF OUR DATA CENTERS OR MAD AT, I THINK SOME OF OUR DATA CENTER CHAINS, RIGHT? ARE LIKE, HEY, EVERY TWO WEEKS WE MAY NEED A CHUNK OF WATER AND THEN WE RECLAIM AND THEN WE DISPENSE AT SOME POINT.
AND AS LONG AS THAT PEAK IS DONE, MAYBE AT NIGHT OR WHATEVER YOU GUYS DEEM AS THE BEST TIME TO MEET, EVEN IF YOU GOTTA BUILD THE TANK TO, TO SUPPORT IT, IT COULD BE WORTH IT IF THE YEAH, THEY COULD RUN IT.
IF THE SCALE TWO WEEKS TO FILL THE TANK UP, USE THE WHOLE TANK.
AND I DON'T KNOW WHAT THE NUMBER IS.
I'M EXPECTING THE STAFF TO COME BACK AND SAY, AND, AND I WOULDN'T NECESSARILY SAY, I MEAN, YES, WATER COLD IS GENERALLY A LOT MORE, BUT IF IT'S A SEALED SYSTEM THEN IT'S NOT AS MUCH.
SO IT'S NOT EVEN, IT'S NOT ALWAYS AIR COLD VERSUS WATER COLD.
YOU CAN BE EFFICIENT OR INEFFICIENT.
AND I THINK THE REALITY IS AROUND THE COUNTRY, THERE'S AREAS WHERE WATER IS A LOT CHEAPER AND A LOT MORE PLENTIFUL.
AND YOU BUILD A DATA CENTER THERE, YOU USE WATER LIKE CRAZY 'CAUSE IT MIGHT BE CHEAPER THAN ELECTRICITY IF, IF YOU IT THAT WAY.
BUT IN TEXAS IT'S THE OPPOSITE.
ELECTRICITY'S CHEAPER THAN THE WATER IN GENERAL.
SO THEY'RE GONNA BE MORE EFFICIENT WITH THE WATER AND MAYBE NOT SO EFFICIENT WITH THE POWER.
IT JUST VARIES ON WHERE YOU GO.
WHATEVER WORKS OUT FOR THEIR ECONOMICS IS WHAT THEY'RE GONNA DO.
AND I THINK FOR US IT'S WHATEVER WORKS OUT BEST FOR OUR CITY, WHETHER IT BE WATER USAGE OR HOWEVER WE DETERMINE, AND I'M SURE WE'LL DETERMINE ONE WAY AND THEN THEY'LL COME IN AND THEY'LL DO WHAT I KNOW PEOPLE DO AND THEY'LL FIGURE OUT A LOOPHOLE AND WE'LL GO, OKAY, WE'LL JUST ADJUST ADJUSTABLE POLICY AND THAT WON'T HAPPEN AGAIN.
BUT AT THE END OF THE DAY, THE POLICY IS REALLY JUST A GUIDANCE.
SO WE CAN SIT THERE AND SAY, YEAH, STILL DON'T LIKE WHAT YOU'RE DOING.
LIKE THAT ONE, IT LOOKS LIKE AN OFFICE BUILDING LOOKS LIKE AN OFFICE BLAME.
OKAY, THAT'S CLOSER TO MAYBE IT'S NOT WHERE YOU NORMALLY WOULD WANNA SEE ONE, BUT IF YOU DON'T KNOW WHAT IT'S GONNA BE AND IT LOOKS LIKE THAT, WE'RE MAYBE MORE APT TO DO THAT VERSUS THE ONES THAT ARE OUT THERE NOW YOU DRIVE BY, YOU KNOW, THAT'S A DATA CENTER BECAUSE THEY, I THINK THEY DID THAT ON PURPOSE.
I MEAN THOSE KIND OF DETAILS CAN BE PUT IN IN THE POLICY ALSO.
SO CHANEY KNOWS TO SAY WE'RE NOT GONNA GO FOR THAT.
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FEWBECAUSE I THINK THAT'S THE THING THAT SOME OF THESE THINGS, THERE'S A RUSH TO GET THINGS AND THEN SOME CITIES WE DID THAT AND YOU START GETTING LIKE, WHATEVER WE JUST WANT, WE JUST WANT IT.
AND THEN YOU START GROWING UP AND GETTING MORE.
AND THEN I THINK IT'S ON US AND THEN GO, OKAY, NOW THAT WE'RE SEEING THINGS, NOW WHAT WE, WHAT DO WE LIKE AND NOT LIKE.
YEAH, I THINK THERE'S A LOT OF WISDOM IN THAT.
LIKE PURSUING SOMETHING IS DIFFERENT THAN ACTUALLY IMPLEMENTING.
SO YOU GO AFTER SOMETHING, YOU LAND SOMETHING, BUT THEN ONCE YOU SEE HOW IT ACTUALLY DEVELOPS AND OPERATES, YOU LEARN FROM THE, THAT ENTIRE PROCESS AND THEN YOU'RE ABLE TO INCORPORATE ADDITIONAL REQUIREMENTS OR EXPECTATIONS MOVING FORWARD.
I'D LIKE TO BRING ONE ISSUE FOR Y'ALL TO DISCUSS, WHICH IS INCENTIVIZING PROJECTS, WHICH HAVE ALREADY CAME, CAME HERE.
YOU KNOW, THERE ARE, THERE HAVE BEEN INSTANCES, NOT ONLY HERE BUT THROUGHOUT, YOU KNOW, THE 20 SOME ODD YEARS I'VE BEEN DOING THIS WHERE SOMEONE COMES IN, THEY'RE COMING IN, THEY'RE GOING, COMING HERE, BUT THEN THEY, THEY FIGURE OUT, HEY, I CAN GO GET AN INCENTIVE.
SO THEN THEY COME IN AND, AND YOU'RE REALLY NOT INCENTIVIZING ANYTHING 'CAUSE THEY'VE ALREADY MADE THE DECISION, THEY BOUGHT THE PROPERTY, THEY'RE IN THE PRO PROCESS OF DE DEVELOPING.
UM, HOW, WHAT, HOW DO Y'ALL FALL FEEL ABOUT THOSE? SHOULD WE, SHOULD WE ADDRESS THAT IN A POLICY? YEAH, THAT'S A GOOD POINT BECAUSE NO, WE'VE TURNED ONE PERSON DOWN THAT WAS ALREADY HAD THEIR PRODUCTS ON THE GROUND, BUT WE KNEW THEY WERE COMING.
UM, THEN WE'VE INCENTIVIZED SOME, AGAIN, I THINK CASE BY CASE WE'VE IN INCENTIVIZED SOME THAT DURING THE DEVELOPMENT PROCESS THEY HIT THINGS THAT WE TURN IT INTO AN INCENTIVE TO BASICALLY ALTER, UH, MAYBE THEIR COST STRUCTURE.
BUT I DO THINK THERE'S BEEN ON MORE THAN ONE TIME, MAYBE SMALLER BUSINESSES, WE'VE DONE IT TOO.
WE KNOW THEY'RE COMING, BUT WE WANT TO BE PRO BUSINESS.
AND SO WE PROBABLY DO NEED TO FIGURE OUT A WAY TO DO THAT TO WHERE WE CAN SAY, HEY, WE'VE ALREADY SUBMITTED PLANS.
THE LAND RECORDS ALREADY SHOW YOU ON THE PROPERTY, YOU KNOW, PROCESS OF PERMITTING.
I MEAN, 'CAUSE REALLY NOT TO YOUR POINT, IT'S REALLY NOT AN INCENTIVE RIGHT NOW, IF WE WANTED IT TO LOOK A CERTAIN WAY, I COULD SEE THAT LIKE, HEY, WE DON'T REALLY LIKE WHAT YOU'RE DOING AND YOU CAN DO IT BY RIGHT.
BUT IF YOU PICK YOUR SITE PLAN, DO SOME THINGS WE'D LIKE TO HELP OFFSET THAT A LITTLE BIT.
BUT EVEN, YEAH, I THINK THAT IS ALSO HELPFUL.
UM, 'CAUSE AGAIN, IT GIVES STAFF CLARITY AROUND IF YOU'RE ALREADY COMING, WE'RE LITERALLY NOT AN INCENTIVE
UM, BUT I ALSO WANTED TO BRING UP AND JUST TOUCHING ON WHAT YOU SAID, MAYOR, UM, I WANNA BE MINDFUL OF THE POTENTIAL IMPACTS OF THIS POLICY TO SMALL BUSINESSES.
SO IF WE'RE GONNA START PUTTING REQUIREMENTS IN THERE ABOUT SALES PERFORMANCE OR EMPLOYEE COUNT OR CAPITAL INVESTMENT AND THINGS LIKE THAT FOR THE DIFFERENT TIERS OR THRESHOLDS, I JUST WANNA BE MINDFUL THAT WE'RE ALSO BEING CONSIDERATE OF OUR SMALL BUSINESS COMMUNITY AND OUR ENTREPRENEURS AND IS THAT A SEPARATE PROGRAM? AND THAT'S FINE.
IT'S IF YOU HAVE LESS THAN 10 EMPLOYEES, YOU QUALIFY AS A SMALL BUSINESS HERE.
I KNOW FEDERALLY IT'S LESS THAN 500, WHICH IS A BIG NUMBER.
CERTAIN THINGS PER SQUARE FOOT.
ONE PERSON FOR 200 SQUARE FEET RENT THAT BUSINESS JUST SCALES UP FOR SIZE.
THAT COULD MAKE SENSE FOR LIKE THE WORKFORCE RELATED, BUT JUST GENERAL THREE 80 STUFF, THEY'RE, THEY'RE TYPICALLY NOT GONNA BE PRODUCING A MILLION DOLLARS OUTTA THE GATE.
SO YEAH, I JUST WANNA BE MINDFUL OF THAT BALANCE.
ARE YOU GONNA LIKE A A, A GROSS INCOME FOR RATIO TO EMPLOYEES? I WOULD SAY THAT BECAUSE WE HAVE A CERTAIN PROJECT THAT DIDN'T PICK OUR CITY AND WENT TO A NEARBY CITY THAT HAS HIGH DOLLAR VOLUME OF PRODUCTS, BUT THEIR PEOPLE CAN'T BE EXTREMELY LOW OR LIKE A DATA CENTER.
AND SO IF WE TIED IT TO EMPLOYEES, YEAH, THAT'S WHY I THINK BE SMALL.
BUT MAYBE IF IT'S YOU TWO GUYS WERE SAYING LIKE A SALES PER SQUARE FOOT OR SOMETHING LIKE THAT, OR OR A SALES PER EMPLOYEE, UH, OR YOU JUST PUT A LITTLE LIKE, ALMOST LIKE A LITTLE CAVEAT IN THERE.
IT SAYS SMALL BUSINESS IS CASE BY CASE.
BUT I LIKE HOW WE DON'T KNOW WHAT IT'S GONNA LOOK LIKE.
I MEAN, BUSINESSES UNDER A CERTAIN NUMBER OF EMPLOYEES.
YEAH, I MEAN YOU COULD, YOU COULD LOOK FOR DEFINITIONS FOR SMALL BUSINESS PROGRAMS THAT BRING SOMETHING BACK.
THERE'S MICRO SMALL BUSINESSES TOO THAT ARE IN THEIR OWN CATEGORY.
BUT I THINK IT MIGHT BE WISE TO HAVE A SEPARATE PROGRAM FOR THAT BECAUSE THAT ALSO ALIGNS WITH THE EDCS BUDGET.
'CAUSE THEY HAVE A SMALL BUSINESS INCENTIVE LINE ITEM.
AND SO THAT ALIGNS WELL THERE TOO.
I THINK THE EXAMPLES WE BROUGHT UP WHEN WE TALKED ABOUT THE RESTAURANTS WERE HAPPY CANADIAN AT A WINE BAR MM-HMM
BUT THEY WOULDN'T BE IN THAT RESTAURANT CATEGORY.
THEY'RE IN THE SMALL BUSINESS CATEGORY, RIGHT? SO MM-HMM
AND I THINK IT'S GOOD TO HAVE GUIDELINES TOO.
[00:25:01]
'CAUSE SOME PEOPLE MAY WANT GRANT MONEY AND WE'RE LIKE, LOOK, THE SMALL BUSINESS IS THE MOST APPS TO FAIL AND SO WE WANT TO HELP YOU, BUT SOMETIMES WE MAY BE WILLING TO GIVE YOU $20,000.AND OTHER TIMES WE MAY SAY NO, WE'LL GIVE YOU, YOU KNOW, A REIMBURSEMENT OF TAXES YOU PAY.
BUT IT'S ALL GONNA DEPEND ON, IN MY MIND WHAT, WHAT THE DEAL LOOKS LIKE.
UM, IF IT'S LIKE HAPPY PANINI, IT'S SUCCESSFUL IN A FOOD TRUCK STEPPING UP, THAT'S ONE THING.
IT'S A COMPLETELY NEW TYPE OF BUSINESS.
UH, IT'S TOUGH TO GIVE EXAMPLES, BUT I THINK PEOPLE KNOW WHAT WE'RE TALKING ABOUT.
THEN WE MAY BE MORE ABSENT, NOT GIVE A GRANT AND JUST SAY, WE WANT TO HELP YOU, BUT WE'LL GIVE YOU BACK WHAT YOU PAY.
AND TYPICALLY THOSE ARE GONNA BE LOWER OVERALL INSTEAD OF TOTALS ANYWAY.
SO THERE'S INHERENTLY LOWER RISK FOR THAT TOO, WHICH I THINK THAT A LITTLE BIT EASIER TO KEEP IN THE DISCRETIONARY BUCKET.
IS THERE A WAY TO FILTER ALL OF THAT WITH THE
SO LIKE WHAT, WHAT, HOW WOULD YOU CLASSIFY YOUR BUSINESS AND THEN
SO THERE'S A, WE'RE POSITIONING THIS TO BE AN ONLINE DOCUMENT.
AND SO THERE'S A LOT OF IF THEN FUNCTIONALITY TO IT.
SO THEY SELECT SMALL BUSINESS, IT SKIPS CERTAIN THINGS OR IF THEY SELECT, UM, INDUSTRIAL AND IF THEY SAY THEY'RE NOT PRODUCING ANY SALES TAX, WELL THEN IT'S NOT GONNA OFFER SALES TAX.
ALSO SAY IF YOU, IF WE'VE DONE BUSINESS WITH YOU IN THE PREVIOUS HOWEVER MANY YEARS, BECAUSE I HEAR SOMETIMES SOMEONE GOING, WHY THEY'RE GONNA GO BACK MM-HMM
AND TRY TO GET ANOTHER GRANT TO EXPAND MY BUSINESS.
AND I'M LIKE, OKAY, WELL WE GOT YOU STARTED.
NOW YOU NEED TO GO DO WHAT BIG, WHAT BUSINESS PEOPLE DO.
NOW YOU GOTTA GO TALK TO A BANKER.
WE GOTTA GO GET, YOU KNOW, THAT'S WHAT THE SBAS HERE FOR.
LIKE WE WE'RE NOT YOUR BANKING INSTITUTION WHERE EVERY TIME YOU WANNA EXPAND AND ADD ON SOMETHING, TO ME, I DON'T THINK IT'S OUR JOB TO FUND THAT.
I THINK IT'S OUR JOB TO GET YOU GOING IF IT ALL OF A SUDDEN IS A MAJOR EXPANSION.
UM, I THINK THAT'S THINGS WE LOOK AT.
BUT IF IT'S JUST I'M SELLING THIS WIDGET AND I WANNA SELL A SECOND WIDGET, OPEN UP A SECOND LINE, I DON'T KNOW THAT IT'S OUR JOB TO FUND THAT EVERY TIME.
BECAUSE AT SOME POINT THEY HAVE TO LEARN HOW THE COMMERCIAL FINANCE WORKS.
THAT THAT IS A LITTLE, IF, YOU KNOW, THAT'S GOTTA BE A CASE BY CASE BECAUSE OH, I AGREE.
THE THING THAT HAPPENS IS YOU'RE DELL AND YOU'RE IN AUSTIN AND YOU WANT TO EXPAND AND THEN YOU GO TO ROUND ROCK.
AND WE'VE GOT A COMPANY, WE'VE GOT A COMPANY HERE THAT, THAT WAS IN AUSTIN AND EXPANDED INTO, INTO UCK AND MOVED.
SO I THINK THIS IS MORE THE SMALLER, I THINK THIS IS MORE FOR ME, THIS IS MORE OF THE SMALLER BUSINESSES THAT ARE.
UM, BUT I KNOW ONE OF THE BUSINESSES THAT CAME BACK TO US WOULD BE IN THAT CATEGORY THAT THEY COULD, THEY COULD HAVE JUMPED SHIPPED SOMEWHERE ELSE.
THERE'S COST TO THEM TO DO THAT, BUT THEY CAN GET A BETTER DEAL.
AND THAT OPENS UP YET ANOTHER CAN OF WORMS WITH INCENTIVES WITH REGARD TO RETENTION AND EXPANSION.
SO WHAT DOES THAT LOOK LIKE? IS THAT THEN JUST ALSO A WHOLE NEW APPLICATION BASED ON THE EXPANSION SIZE WITH REGARD TO CAPITAL INVESTMENT, ADDITIONAL EMPLOYEES? LIKE WHAT DOES THAT LOOK LIKE? BECAUSE TYPICALLY YOUR EXPANSIONS ARE GONNA BE MORE THE INDUSTRIAL JOB CREATION SIDE OF THE HOUSE, NOT USUALLY RETAIL AND RESTAURANT.
SO, AND THEN, YOU KNOW, INTERNALLY THE, THE CALCULATION IS WHAT ARE WE AT RISK OF LOSING IF THEY GO RIGHT.
LATELY THERE WAS A BIG THING DONE IN KANSAS CITY.
IT'S, BUT YOU HAVE TO, YOU JUST HAVE TO CONSIDER IT.
THERE'S A THING IN KANSAS CITY WHERE FOR YEARS, COMPANIES IN KANSAS WOULD THREATEN TO GO TO MISSOURI.
AND SO THEN THEY, THEY'RE ACTUALLY DOING THIS WITH A PROFESSIONAL, UH, SPORTS TEAM.
THEY THREATEN TO GO ACROSS THE STATE LINE TO THE POINT WHERE PEOPLE ARE LIKE, OKAY, OKAY, WE'LL GIVE YOU WHAT YOU WANT 10 YEARS, 10 YEARS LATER.
WELL THEY DO, IT'S ALWAYS A THREAT.
AND I THINK THAT SOMETIMES THAT'S WHY I DO AGREE IT'S CASE BY CASE.
YOU GO, YOU KNOW WHAT? WE'RE NOT EVEN MAKING MONEY ON YOU BEING HERE
AND IF WE'RE NOT, THEN MAYBE IT IS BEST FOR YOU TO GO TO ANOTHER CITY BECAUSE YOU STILL GOTTA PACK UP ALL YOUR EQUIPMENT.
UM, SO YEAH, I THINK IT'S CASE BY CASE WHAT THE ASK IS.
UH, 'CAUSE I, AGAIN, WE KNOW SOMEONE THAT WANTED TO EXPAND AND THEN THREATENED TO GO SOMEWHERE AND I'M LIKE, MY MASK, LIKE, YOU KNOW, ONCE THE HIP ALWAYS THE HIP ALL SEE THAT WROTE.
SO THEN THIS FORM IS FILTERING EVERYTHING TO THE SAME PLACE SO THAT YOU CAN JUST ADDRESS ALL OF IT FOR OUR RECEIVED.
REALLY THE PURPOSE OF PROVIDING THAT IS JUST A, THAT IS WHAT WE BASED OUR DRAFT OFF OF.
SO IF THERE'S ANYTHING THAT'S MISSING FROM THAT OR ANYTHING THAT YOU THINK IS UNNECESSARY FROM THAT SAMPLE, THEN LET ME KNOW.
IS THERE A QUESTION ABOUT UTILITIES IN THERE? MM-HMM
[00:30:01]
YEAH, THERE'S A WHOLE SECTION ON UTILITY REQUIREMENTS.
UM, OR LIKE INFRASTRUCTURE IMPACT I THINK IS WHAT IT'S CALLED.
BUT IT TALKS ABOUT WATER WASTEWATER MM-HMM.
UM, AND THEN ALSO TRUCK TRAFFIC.
IS THAT APPLICATION SHARED TO US AS WELL? THE, THAT ONE IS THE ONE THAT I CREATED FOR THAT WILL PROBABLY THE NEW ONE.
IF YOU LIKE IT, I'M HAPPY TO YEAH.
IT'S JUST, IT'S A LITTLE CONFUSING BECAUSE OF ALL THE IF THEN FUNCTIONALITY THAT DOESN'T REALLY CHANGE ALISTIC, IS THERE A WAY LIKE WHERE WE COULD DEMO IT MM-HMM.
THIS MEETING OR SOMETHING? OR, YEAH, PROBABLY NOT BY NEXT WEDNESDAY, BUT LIKE, NO, LIKE FOR NOVEMBER I DO IT.
SO I'VE HEARD A LOT OF GOOD IDEAS SHARED AROUND AND GET JAMES, BY THE WAY, HELLO.
WE GOT TO, UM, OKAY, SO QUESTION HA HAS THE BOARD AND THE COUNCIL ACTUALLY DEFINITIVELY SAID WHAT THE CRITERIA ARE, WHAT WE'RE TARGETING AND WHAT WE'RE NOT INTERESTED IN TARGETING.
BECAUSE CHENEY CAN SPEND ALL DAY LONG MAKING IF THEN STATEMENTS, BUT IF IT DOESN'T LEAD TO THE BUCKETS THAT Y'ALL GUYS ARE WANTING TO SEE, THEN SHE'S JUST GONNA BE SPINNING HER WISHES.
AND, AND I'VE SAT THROUGH A NUMBER OF THESE MEETINGS NOW AND I FEEL LIKE WE'RE STILL NOT EXACTLY CLEAR ON WHAT WE ARE, ARE NOT TARGETING WELL.
SO, SO QUESTION TO CHANEY, DO YOU THINK YOU HAVE ENOUGH TO DRAFT SOMETHING BASED ON THE INPUT YOU'VE GOTTEN SO FAR THAT WE COULD THEN MODIFY? WELL, I THINK TO JAMES'S POINT, I SAY, HEY, I'D REALLY LIKE TO SEE THIS USED TO ADVANCED MANUFACTURING, BUT NO ONE REALLY SAID, HEY, I'M OKAY LOOKING AT, YOU KNOW, MAYBE SMELTING OPERATIONS OR SOMETHING I, I WILL OFFER UP ALSO.
SO ADVANCED MANUFACTURING DOESN'T REALLY GIVE A LOT OF CLARITY TO BE HONEST.
I MEAN, SO MUCH FALLS THERE'S LIKE, SO INDUSTRY SPECIFIC PUT IT IN AND IT MAKES SOMETHING, I THINK WITH ANYTHING INDUSTRIAL RELATED, WE SAY, OKAY, INDUSTRIAL USES THAT USE, LET THIS, YOU KNOW, UNDER THIS AMOUNT OF POWER, UNDER THIS AMOUNT OF WATER.
LIKE THE UTILITIES ARE THE BIG ONE WITH U WITH INDUSTRIAL, I THINK WE SPLIT IT UP BY SECTOR LIKE INDUSTRIAL, WHAT KIND OF INDUSTRIAL USES ARE WE OKAY WITH? NOT OKAY WITH RETAIL.
WHAT TYPE, YOU KNOW, AND THAT INCLUDES RESTAURANTS.
IT COMES, THIS WOULD BE LIKE YOUR EXPERIENCING IN THE, IN THE INDUSTRIAL SIDE OF BE THEN SHAPE US IN TERMS OF, YEAH, I GUESS SO.
I GUESS SO LEMME JUST, I MEAN, YOU DIDN'T JUST ACT LIKE A LANDLORD, RIGHT? YOU JUST ACT LIKE A LANDLORD.
YOU'RE LEASING SPACE TO PEOPLE, RIGHT? LIKE WHAT, WHAT USES DO YOU WANT? WHAT USE DON'T YOU WANT? BASED WHAT WE'RE SAYING BECAUSE OF UTILITIES, HOW QUICKLY WE CAN, WHAT IF I, WHAT IF I FLIP THE NARRATIVE? WHAT IF INSTEAD OF WHAT USES DO WE WANT, WHAT USES DO WE NOT WANT? INSTEAD WE LOOK AT IT AS WHAT GENERATES SALES TAX AND WHAT DOESN'T GENERATE SALES TAX.
AND THEN WHAT GENERATES THE MOST AMOUNT OF PROPERTY TAX VALUE FOR US? AND WE DON'T REALLY CARE WHAT IT IS, BUT IF IT DOESN'T HAVE A RETURN ON INVESTMENT, BASICALLY TYPE CALCULATION FOR US, YOU KNOW, SOMETHING LIKE THAT BECAUSE LIKE I WAS OFFENDED THAT THEY, THE THE COUNTY, UM, INCENTIVIZE A PHOSPHORIC ACID PLANT ON THE EDGE OF TOWN.
AND TO ME I WAS LIKE, OKAY, THEY'RE COMING ANYWAY, I, IT COULD BE A MILLION DOLLARS A YEAR IN SALES TAX.
I'M LIKE, YOU KNOW, THEY GOTTA BE BY SAMSUNG.
WHY WOULD YOU GIVE $1 TO A PHOSPHORIC ACID PLANT WHEN IT'S LIKE, THEY GOTTA BE LOCAL, THEY GOTTA LAND SOMEWHERE, YOU KNOW, THEY'RE COMING AND IF THEY DON'T PICK YOU, WELL YOU DON'T HAVE A SPHERIC ACID PLANT IN YOUR TOWN.
AND SO I WAS LIKE, MAN, WE GOTTA HAVE DISCUSSIONS LIKE THAT BECAUSE I DON'T KNOW WHAT THAT'S CALLED IN TERMS OF MANUFACTURING.
THAT'S THE STUFF THAT I THINK, SO YEAH, IT CAN BE A LOT OF DIFFERENT THINGS.
AND SO I THINK CAITLIN, IF I MAY PROBABLY ON THE RIGHT TRACK WITH THAT IS LIKE, WHAT ARE THE THINGS THAT WE DON'T WANT FROM AN INDUSTRIAL USER? SO WE WANNA MAKE SURE THAT THEY DON'T TRIGGER AN IPP IT SOUNDS LIKE MM-HMM
SO AN INDUSTRIAL PRETREATMENT PROGRAM.
'CAUSE WE DON'T CURRENTLY HAVE ONE AND IF WE GOT A USER THAT WOULD REQUIRE THAT, IT WOULD BE, BECAUSE IT IS SOMETHING ABOVE AND BEYOND OUR PLANT CURRENTLY CAN PROCESS, UM, WITH REGARD TO CHEMICALS.
SO I WANT YEAH, I DON'T WANT TO ANSWER WITH THAT.
THAT THAT'S ONE I WOULD NOT WANT TO MESS WITH.
SO, SO HERE'S THE WAY THAT I'M THINKING, RIGHT? SO THE, THE, THE EDC BASICALLY HAS BUCKETS OF MONEY AND LAND AND THEY'RE NOT NECESSARILY THE SAME BUCKETS OF MONEY THAT THE CITY HAS, BUT ARGUABLY THE, THE ENTIRE PORTFOLIO IS AVAILABLE, RIGHT? WHETHER IT'S THE CITY SIDE OR ED SIDE, IT'S BASICALLY ALL OF IT.
SO WHAT IS IT WE'RE ACTUALLY TRYING TO DO? RIGHT? USUALLY YOU HEAR EDC SAYING, HEY, WE WANT TO GENERATE JOBS THAT PAY THIS MUCH MONEY OR MORE BECAUSE WE'RE FOCUSED ON JOB CREATION.
OR YOU HEAR EDC SAYING, HEY, WE'RE REALLY FOCUSED ON QUALITY OF LOSS.
WE WANNA MAKE SURE WE GET RESTAURANTS AND ENTERTAINMENT AND YADA Y WHATEVER.
[00:35:01]
WHAT WE'RE INTERESTED IN IS NOT HAVING MORE TAXES ON THE HOMEOWNERS, WHICH MEANS WE NEED THINGS THAT ARE GENERATING SALES TAX AND PROPERTY TAX.THE REST OF IT DOESN'T REALLY MATTER AS MUCH.
SO IF THAT'S THE CASE, THEN WE DO THE, HEY, WE DON'T WANT THESE USES THAT WE DO KNOW, WE'VE IDENTIFIED UP FRONT, BUT I GUARANTEE YOU, YOU WON'T THINK OF EVERYTHING THAT YOU DON'T WANT.
SOMEBODY ELSE WILL COME IN AND BE LIKE, HEY, WE QUALIFY 'CAUSE WE FIT IN THIS CATEGORY, HERE'S OUR APPLICATION.
AND THEN Y'ALL CAN SAY, OH NO, NO, NO, NO, NO.
YEAH, WE'RE NOT INTERESTED IN THIS ONE.
YEAH, TECHNICALLY YOU DO FIT THAT, THAT NUMBER, BUT YOU DIDN'T PASS THE REVIEW BOARD, YOU KNOW, TYPE DEAL.
BECAUSE I DON'T THINK WE CAN PRESCRIBE IT TO THE POINT WHERE WE HAVE THOUGHT OF EVERYTHING.
I THINK, I THINK PROBABLY THE PARAMETERS SHOULD ALWAYS BE UTILITIES.
UM, ARE WE SUPPORTING, SO IF AN HUGE INDUSTRIAL ADVANCED MANUFACTURING USER COMES HERE, DO WE HAVE THE OFFICE TO SUPPORT IT? NOPE.
SO WE NEED MORE OFFICE BECAUSE IF WE'RE GOING TO WANT AN ADVANCED MANUFACTURER, FOR EXAMPLE, YOU HAVE TO HAVE THE ABILITY TO SUPPORT THE ECOSYSTEM BECAUSE THEY CAN'T BE MORE THAN 20 TO 30 MINUTES AWAY FROM THAT BUILDING.
THE, THE SUPPORTING VENDORS BEING AROUND THE, LIKE ALL OF THE, YOU KNOW, TESLA SUPPLIERS HAVE TO BE WITHIN 30 MINUTES OF TESLA, YOU KNOW, HAVE TO BE WITHIN 30 MINUTES OF SAMSUNG, AMAZON, YOU KNOW, OR WITHIN A NUMBER OF MILES MM-HMM
SO NOT ONLY DO WE HAVE TO WORRY ABOUT LIKE WHAT THE CORE USERS ARE, BUT CAN WE SUPPORT THE ECOSYSTEM THAT THEY'RE GONNA BRING WITH THEM.
RETAIL USERS ARE, I MEAN, SALES TAX ALL DAY LONG.
THAT'S, THAT'S LIKE THE MAIN QUE THERE, RIGHT? MM-HMM
BUT, UM, WITH, I THINK INDUSTRIAL AND OFFICE KIND OF GO TOGETHER A LITTLE BIT.
THEY, THEY SORT OF GO WITH EACH OTHER.
AND THEN RETAIL IS, YOU KNOW, I THINK IT WOULD BE GREAT IF YOU HAD TAUGHT, YOU WOULD WORK WITH CHENEY ON SOME KIND OF OUTLINE THAT THEN BRING THAT TO THE EDC ONLY BECAUSE YOU, YOU'RE GONNA KNOW THAT UNLESS SOME OF YOU GUYS KNOW SOMETHING, I DON'T KNOW ANYTHING WHEN IT COMES TO THAT STUFF.
AND SO TO ME, I DON'T KNOW, ELECTRICITY, USAGE AND WATER, BUT YOU'RE GONNA KNOW FROM YOUR SIDE, I, I DON'T, WELL, I DON'T CARE ABOUT ELECTRICITY USAGE BECAUSE THAT'S UP TO ERCOT AND ENCORE.
YOU SAY THAT'S HOW IT IDENTIFIES THE USES WE MAY NOT WANT, BUT, BUT WHY DO WE CARE HOW MUCH ELECTRICITY THEY USE? BECAUSE ENCORE AND ERCOT HAVE TO GIVE IT TO THEM.
AND IF THEY GIVE IT TO THEM, THEN THEY GIVE IT TO THEM.
I THINK IT'S NOT ABOUT THE USAGE NECESSARILY FROM THAT SIDE.
IT'S THAT THAT HIGH USAGE IS WHAT THEN TRIGGERS YOU TO GO, AH, THEY'RE DOING SOMETHING WE PROBABLY DON'T WANT TO WHERE THEY CAN BE A HIGH ELECTRIC, IS THAT WHAT YOU'RE SAYING? LIKE YES.
LIKE GIVE EXAMPLE, KINDA LIKE THE INDUSTRIAL PRE-TREATMENT CONCEPT.
IF THEY'RE, IF THEY'RE NEEDING A SPECIAL PERMIT FROM TCQ FOR DISCHARGING, THEN THEY'RE PROBABLY USING CORROSIVE MATERIALS OR CRYPTO MINING.
SO MAYBE WHAT SHE'S SAYING IS, YOU KNOW, IT, IT MIGHT BE ONE OF THOSE PRODUCTIONS THAT YOU WOULDN'T WANT TO INCENTIVIZE BECAUSE IT'S NOT A CLEAN BUSINESS.
IT'S USING, BUT, BUT I MEAN, THE DATA CENTERS USE A TON OF POWER.
THE MORE UTILITIES THEY'RE USING, THE MORE THEY'RE TRYING TO SUPPRESS A THING IN THEIR BUILDING, WHATEVER THAT IS.
YOU KNOW, THEY DIFFERENTIATE BETWEEN A DATA CENTER AND CRYPTO MINING.
I CAN DO WHATEVER WE WANT DO TO CONTROL SOMETHING IN THE BUILDING, WHETHER THAT'S A WHOLE DATA TOWER, YOU KNOW, DATA TOWERS OR WHATEVER.
UM, AND SO THE MORE THAT THEY'RE USING THE HIGHER RISK, WHATEVER THEY'RE DOING IS, AND DO WE REALLY WANT THAT? AND THEN IF IT'S IN A COMBINATION WITH OF WATER USAGE AND WE CAN HAVE A CARVE OUT, LIKE AN ASTERISK OR YOU KNOW, BE IT STUPID DATA CENTERS, BLAH, BLAH, BLAH.
BUT I THINK THIS IS GONNA HAVE TO BE A LIVING DOCUMENT FOR A WHILE.
WHERE AS THINGS COME UP, WE'RE, WE'RE LIKE, OH YEAH, YEAH, WE DON'T WANT THAT.
WE NEED TO, WE NEVER WANT THAT.
A DATA CENTER MAY BE, EH, NOT THIS ONE.
I MEAN, THAT'S WHY I WAS KIND OF GOING FOR LET, LET'S THROW THE USES OUT AND GO FOR THE FINANCIAL IMPACT.
AND THEN AS THE FINANCIAL IMPACT QUALIFIES SOMEONE TO COME, THEN Y'ALL CAN SAY, OH NO, NOT THAT USE, YOU KNOW, BECAUSE IT IS COMPLETELY DISCRETIONARY, YOU'RE NOT OBLIGATED.
IT'S NOT LIKE ZONING WHERE IF THEY HAVE THE USE ALLOWED IN ZONING, YOU GOTTA GIVE IT TO 'EM.
NO, THIS IS A DISCRETIONARY PROCESS.
SO Y'ALL CAN COMPLETELY SAY, NAH, WE DON'T LIKE THE, THE, YOU KNOW, THE SMOKE COMING OUT OF THERE, OR WE DON'T LIKE THE HOT WATER COMING OUT, OR WE DON'T LIKE THE WAY THAT IT LOOKS.
YOU CAN SAY THAT AT ANY POINT IN TIME, BUT IF IT'S NOT RETURNING, I DON'T, I'M MAKING UP STUFF.
BUT IF IT'S NOT LIKE A 50% RETURN ON OUR INVESTMENT WITHIN 12 YEARS, THEN THE ANSWER'S NO.
LIKE WE DON'T WANT ANY EXHAUST PIPES OVER LIKE 10 FEET.
I MEAN, SERIOUS, YOU DON'T WANNA SEE SOMETHING AND YOU GO TO LIKE HOUSTON, YOU SEE THESE THINGS ARE EM ADMITTING.
SO IF THAT CAME INTO THIS, TO THIS REVIEW BOARD, THINK OF IT LIKE THE INVESTMENT PANEL THAT THE, THAT THE VARIOUS FOLKS THAT COME TO US HAVE TO GO TO, THEY'RE COMING TO Y'ALL AS AN INVESTMENT AND Y'ALL, AND Y'ALL NEED TO START THINKING OF YOURSELF AS INVESTORS IN THE, IN THE PROJECT INSTEAD OF LIKE, YOU KNOW, KIND OF LIKE WE HAVE BEEN, WHICH IS, HEY, HERE'S SOME FREE MONEY.
IT'S KIND OF, WE JUST WANT, WE
[00:40:01]
JUST WANT A DEAL.NOW YOU ARE INVESTORS, YOU'RE LIKE, OKAY, WE WANT, WE WANT FIVE X ON OUR MONEY AND YOU'RE 12.
AND IF YOU DO THAT, THEN YOU CAN, YOU CAN ASK.
AND THEN IF YOU ASK AND WE'RE LIKE, IT'S UGLY, IT SMELLS, IT'S TOO MUCH OF WHATEVER.
YOU KNOW, WELL, BUT, BUT CHENEY NEEDS TO KNOW YEAH.
LIKE WHAT THE PACKAGE WOULD BRING YOU GUYS.
AND IF, AND THERE CAN BE DIFFERENT CATEGORIES FOR SURE.
SO YOU COULD SAY, HEY, I, I HEARD Y'ALL TALKING ABOUT LIKE, WHICH RESTAURANTS AND STUFF.
THAT'S AN ACTUALLY VERY POPULAR THING TO DO.
COMMUNICATIONS AND, AND Y'ALL, WITH YOUR SOCIALS, LIKE WE COULD PUT TOGETHER A A A SURVEY TYPE DEAL.
WHAT DO YOU WANNA SEE? COME TO HU AND YOU KNOW, MARY, YOU SHARE IT, YOU KNOW, ALL OF YOU GUYS SHARE IT ON YOUR SOCIALS, IT ALL FEEDS TO IT.
AND THEN EVERYBODY VOTES FOR EVERYTHING.
WE'RE LIKE, HEY, IF IT'S ON THIS LIST, THE TOP 20 SLOTS, THEN, THEN WE'RE GONNA BE LOOKING AT SALES TAX REIMBURSEMENT FOR THESE DEALS FOR A HUNDRED PERCENT FOR 10 YEARS.
IT'S LIKE, HEY LOOK, YOU SCORE IN TOP HUNDRED.
WE APPRECIATE YOUR INTEREST, BUT YEAH, YEAH, THAT'S RIGHT.
AND YOU SAY NO, BUT NOBODY ELSE DOES.
WE'RE LIKE OUTLINING WHAT ARE THE THINGS WE CARE ABOUT IN EACH SECTOR, RIGHT? OKAY, WHAT ARE THE QUESTIONS WE WANNA MAKE SURE WE CAN ANSWER THAT WOULD OR WOULD NOT QUALIFY THIS PERSON FOR US? AND THEN AT THE SAME TIME, SIMULTANEOUSLY SERVING AS MANY ACTUAL RESIDENTS AND PEOPLE WHO, YOU KNOW, WANT TO HAVE THEIR INPUT.
UM, THAT, THAT'S PRETTY COMMON TO JUST MERGING THE TWO TO HAVE LIKE YOUR, YOUR YOUR, YOUR CITIZEN WISHLIST.
YOU KNOW, THE ONE THAT USUALLY COMES UP IN SMALL TOWNS BEFORE IT'S THERE, CHICK-FIL-A, THEN, THEN AFTER CHICK-FIL-A, UH, IT'S OLIVE GARDEN.
THAT'S USUALLY LIKE THE WAY THAT IT GOES.
SOMETHING LIKE THAT, RIGHT? SO THEY HAVE THESE ON THIS LIST AND YOU'RE LIKE, OKAY, IF IT'S THE TOP 10, UH, RESTAURANT, YOU COME IN, YOU GET YOUR SALES TAX BACK A HUNDRED PERCENT FOR 10 YEARS, WE DON'T EVEN CARE LIKE WHAT KIND OF MONEY WE MAKE OFF OF IT BECAUSE THE CITIZENS WANT IT.
AND THAT'S ONE CATEGORY THEN YOU, AND THAT'S, YEAH, THAT WOULD BE A GREAT WAY TO GAUGE LIKE HOW, HOW MUCH INCENTIVE TO YEP.
AND, AND IT ALSO TELLS CHENEY, HEY, MAYBE WE SHOULD BE GOING HAVING CONVERSATIONS WITH CHICK-FIL-A.
YOU KNOW, I WOULD ADD IN THERE TOO, SOMETHING TO WHERE IF YOU, IF YOU'RE, YOU'RE DEVELOPER ON HOW TO WORD IT, IF YOU'RE LIKE TAKE, UM, UH, THE, UM, SPROUTS, IF YOU'RE ALREADY GETTING AN INCENTIVE MM-HMM
YOU MAY HIT THE LIST OF WHAT WE'RE LOOKING FOR.
BUT YOU, WHETHER YOU KNOW IT OR NOT, YOU ARE ALREADY GETTING THE INCENTIVE.
AND SO, AND, AND SO AGAIN, YOU, YOU MAY GET SOMETHING MORE, BUT YOU'RE MORE THAN LIKELY NOT GONNA GET ANYTHING IN THE CO-OP, NOT GONNA GET ANYTHING OUT THERE BECAUSE WE'VE ALREADY INCENTIVIZED IT ALL.
THERE'S, THERE'S REALLY NO MONEY LEFT.
SPECIFY IF IT'S A GEOGRAPHICAL AREA WHERE THERE'S NOTHING TO GIVE, THEN THERE'S NOTHING TO GIVE, RIGHT? YEAH.
SO OBVIOUSLY RETAIL RESTAURANTS, THAT'S ALL ABOUT SALES TAX.
ANYBODY ELSE? I THINK THAT THE TIER OF PRIORITIES FOR ME IS REAL PROPERTY IS THE BEST.
BECAUSE IT'S THE MOST PERMANENT.
AND THEN BELOW THAT IS BUSINESS, PERSONAL PROPERTY AND SALES TAX.
AND SALES TAX IS, IS A LITTLE LOWER THAN IT SHOULD BE RIGHT NOW.
BECAUSE OF THE UNCERTAINTY WITH THE ESD AND NOT HAVING THE FULL SALES TAX AVAILABLE TO US EVER.
AND THEN WHEN DO WE GET TO A STABLE POINT WITH THAT? ONCE WE GET TO A STABLE POINT, IT SHOULD HOPEFULLY GO BACK UP THE PRIORITY LIST A LITTLE BIT.
AND I WOULD SAY YOU WANT, YOU DO WANT A SMALL BUSINESS BECAUSE FOR ME, RETAIL AND RESTAURANT, I LIKE REGIONAL AND NATIONAL BRANDS BETTER BECAUSE IF YOU GET INCENTIVIZE, THEY'RE THE ONES THAT ARE ESTABLISHED HAVE A PROCESS THAT YOU TYPICALLY DON'T SEE THEM FAIL ON A REGULAR BASIS.
NOT TO SAY YOU'RE NOT DOING SMALL BUSINESS, TO ME THAT'S A WHOLE SEPARATE THING.
BUT IF YOU'RE GONNA INCENTIVIZE A RESTAURANT AND YOU'RE GONNA GIVE A HUNDRED PERCENT BACK IN HERE, DON'T NECESSARILY WANNA DO THAT WITH THE PERSON WHO'S JUST WELL, I MEAN, FOREMOST.
AND I WOULD DOUBT THAT IF YOU ARE TARGETING YOUR RESTAURANT PROGRAM ON THE MAKE THE TOP 10 AND HU YOU KNOW, SOCIAL MEDIA LIST OR WHATEVER, THAT THE UPSTART BUSINESS THAT NOBODY'S HEARD OF OR THE GREAT IDEA I JUST HAD ISN'T GONNA MAKE THE TOP 10 ANYWAY.
SO IT'S GONNA BE GENERALLY SPEAKING EITHER EITHER NATIONAL FRANCHISE CHAINS OR IT'S GONNA BE LIKE A LOCAL CHAIN THAT, OR A LOCAL BUSINESS THAT PEOPLE ARE VERY, VERY PASSIONATE ABOUT THAT THEY WANNA SEE ANOTHER ONE OF LIKE MAYBE TOP-NOTCH COULD HAVE QUALIFIED FOR THAT, RIGHT? THAT'S NOT NECESSARILY FIT THE FRANCHISE CONCEPT, BUT IN THIS PARTICULAR CASE IT WORKED.
SO YOU HAVE THAT CATEGORY, THEN YOU HAVE THE CATEGORY THAT'S KIND OF LIKE THE RETURN ON OUR INVESTMENT IN INCOME, WHETHER IT BE THROUGH PROPERTY TAX FIRST, THEN PERSONAL PROPERTY TAX SECOND AND THEN SALES TAX THIRD.
AND THEN YOU GOT THE CATEGORY OF LIKE, HEY, THESE ARE SMALL BUSINESSES, SMALL BUSINESS, YOU KNOW, INVESTMENT PROGRAM, YADA, YADA.
AND THEN YOU GOT THE LAST CATEGORY I'VE HEARD Y'ALL TALK ABOUT, WHICH IS THE RETENTION AND REINVESTMENT IN THE BUSINESSES THAT ARE ALREADY HERE PROGRAM.
AND THOSE ARE KIND OF LIKE YOUR MENU OF, OF THINGS.
AND IF, IF, IF CHENEY CAN START TO FILTER THROUGH ON, ON THESE DEALS
[00:45:01]
AND BE LIKE, OKAY, WELL THIS SOUNDS REALLY, REALLY GOOD, BUT IT DOESN'T QUITE MEET OUR METRIC.BUT MAYBE IT HAS LIKE, I DON'T KNOW, A HUNDRED ENGINEERING JOBS SO IT DOESN'T MEET THE METRIC, BUT IT HAS A HUNDRED ENGINEERING JOBS.
SO MAYBE I GO AHEAD AND BRING IT BECAUSE THE BOARD SHOULD WEIGH IN ON THIS.
I WAS JUST SAY BUT, BUT THE EASIER DECISION IS AND DOESN'T MEET THE METRIC, YOU KNOW, THAT'S THE EASIER DECISION BECAUSE WE'VE HAD SOME MOST DEALS WHERE IT'S LIKE, HOW DO YOU POLITELY SAY NO? OH, OH.
AND THEN ONE OTHER THING, THE FIRST ONE THROUGH THE DOOR.
THE SECOND ONE THROUGH THE DOOR.
BUT YEAH, THE THIRD ONE THROUGH THE DOOR.
WELCOME TO HU BUT YOU AIN'T GETTING CRACK.
A LOT OF PEOPLE WANT A STEAKHOUSE, RIGHT? AND IF WE GOT THREE STEAK HOUSES, GREAT, BUT YEAH.
FIRST ONE IN IS FIRST ONE IN YES.
BUT WHAT YOU GONNA SAY? YOU GONNA SAY SOMETHING? SO HOW, HOW DO YOU STRIKE A BALANCE WITH, SORRY, YOU WERE SPEAKING, GO AHEAD.
HOW DO YOU, HOW DO YOU STRIKE A BATTLE? SO YOU WANT, YOU DON'T WANNA BE OVERRUN OR, OR OR HAVE TOO MUCH OF ONE THING, RIGHT? LIKE TOO MUCH, TOO MANY RESTAURANTS, TOO MUCH RETAIL, YOU KNOW, I THINK THAT'S WHAT SURVEYING THE RESIDENTS WOULD BE ABOUT.
I MEAN 'CAUSE THEY'RE NOT GONNA CHOOSE SOMETHING THEY ALREADY HAVE.
NO, I WAS JUST GONNA SAY THAT AND ALSO THE MARKET'S GONNA CORRECT ITSELF TOO.
SO SOME OF THIS REALLY, THE INCENTIVES IS UP TO THIS BODY.
BUT WHO ELSE COMES, I MEAN THEY AREN'T FOR THE NATIONAL AND REGIONAL BRANDS IN PARTICULAR, THEY'RE NOT GONNA SET UP SHOP UNLESS THEY HAVE DONE ALL THE DUE DILIGENCE AND FEASIBILITY ON THE BACKEND.
AND HU DO IS WHERE THEY WANT TO BE.
IT'S REALLY THE STUFF THAT WE HAD ANOTHER BURGER OR FRIED CHICKEN PLACE COME THERE.
IT'S REALLY THE STUFF THAT THEY WOULD COME HERE MAYBE IN FIVE OR 10 YEARS, BUT OUR COMMUNITY OR THESE BODIES WANT THEM HERE SOONER.
SO WE NEED TO SWEETEN THE POT A LITTLE BIT WITH AN INCENTIVE TO GET 'EM HERE.
THAT'S, THAT'S HOW WE WANNA LEVERAGE THESE INCENTIVES FROM MY PERSPECTIVE.
'CAUSE THERE ARE, THERE ARE PEOPLE THAT ARE LIKE, YEAH, YOU GUYS AREN'T BIG ENOUGH, WHAT WOULD IT TAKE? WELL YOU NEED ANOTHER 30,000 PEOPLE OR I NEED A REBATE.
WELL WHAT, OKAY, YOU CAN'T MAKE 30,000 PEOPLE HERE.
AT WHICH POINT WE DO THE SPROUT SITUATION WHERE WE SAY, OKAY FINE, BUT YOU'RE NOT GETTING UNTIL YOU'RE 50% LEASE.
WE JUST REDREW OUR BOUNDARIES AND GOT AN EXTRA 30,000.
I THINK THAT'S WHAT WE'VE DONE IN THE PAST IS WE PAID BASICALLY TO GET SOME PEOPLE HERE TO KIND OF GET IT GOING.
TO WHERE, TO JAMES' POINT, AS YOU START GOING, LIKE WE START ALL OF A SUDDEN RESTAURANTS PFLUGERVILLE, THERE'S A DEBATE IN PFLUGERVILLE.
EVERYBODY IN PFLUGERVILLE SEEMS TO THINK THAT HU HAS ALL THE RESTAURANTS THAT THEY'RE CATCHING FLAGS FOR NOT HAVING RESTAURANTS.
AND VILLE, I SAID, WHAT ABOUT STONE HILL? THEY DON'T HAVE WHAT YOU HAVE.
I'M LIKE, WHAT? AND THEY ALSO DON'T HAVE RECEPTION.
RIGHT?
SO YOU'VE GOT WALK HARD HAS, THERE'S A BATTLE IN LAW CARD ON BARBECUE PLACES.
I WANNA SAY THEY HAVE LIKE 10 NOW.
AND SO THERE CAN BE A POINT YEAH.
IF YOU'RE ON ONE 30, YOU'RE ON 79, THERE COULD BE A POINT TO WHERE IT'S LIKE, HEY, THESE RESTAURANTS AREN'T FOR US NECESSARILY.
IT'S FOR THE 5,000 PEOPLE THAT'S 10 MINUTES AWAY THAT ARE GONNA COME HERE OR TAYLOR.
BUT THEN I THINK THE CHANGE POINT, THE MARKET WILL KIND OF, SOMEONE WILL SAY, HEY, THAT'S A LITTLE MUCH, UH, IT'S NOT GOOD FOR ME.
BUT IT'S NOT TO SAY THAT SOMETIMES SOMEONE COMES IN AND SOMEONE ELSE THEN LEAVES.
I GUESS WHAT I, WHAT THE, WHAT I'M TRYING TO PUT OUT THERE AND WORK THROUGH MY HEAD IS HOW YOU STRIKE A BALANCE WITH SO, SO, SO MUCH MANUFACTURING, SO MUCH RETAIL, SO MUCH COMMERCIAL, SO MUCH INDUSTRIAL AND SO ON AND SO FORTH, FORTH DIVERSIFICATION.
IS THAT WHAT YOU'RE SAYING? YES.
I DON'T THINK ANYBODY'S FIGURED IT OUT BECAUSE IF YOU MARKET, IF YOU FOLLOW ALL THE TIME, SAMSUNG SAID THEY NEEDED CHIPS BAD AND THEN THEY BROKE GROUND AND THERE'S A CHIP LEFT AND THEN SO THEY WORKED THROUGH THAT AND THEN IT SEEMS LIKE THERE'S ALWAYS A HIGH AND A LOW.
PART PART OF IT THOUGH IS, IS THAT WE'RE, WE'RE MANIPULATING THE MARKET BY MAKING INCENTIVES AVAILABLE.
SO WHEN WE MANIPULATE THE MARKET, DIVERSIFICATION BECOMES A BIGGER ISSUE.
AND THAT'S WHAT I THINK THE BOARD NEEDS TO TAKE INTO ACCOUNT.
THAT'S WHY I SAID FIRST ONE IN THE DOOR.
BUT WHICH BASICALLY MEANS YOU'RE NOT GETTING AS MUCH OR YOU'RE GONNA DO THIS FOR US OR WHATEVER ELSE.
AND THEN THAT WAY, I DON'T MEAN LIKE THE FIRST CHICK-FIL-A, THE SECOND CHICK-FIL-A PER SE, I MEAN LIKE, YOU KNOW, THE FIRST THAT TYPE OF USER, THE SECOND TOP, THAT TYPE OF USER, THE THIRD TOP, THAT TYPE OF USER, THERE'S REALLY NO REASON FOR YOU TO INCENTIVIZE ANYMORE.
AND THE OTHER THING IS THAT'S TERRIBLY, UM, IMPORTANT TO NOT FORGET IS THAT THE EDC OWNS LAND AND YOU'RE NOT JUST TALKING ABOUT SALES
[00:50:01]
TAX REBATES OR GRANTS OF THE SALES TAX THAT YOU'VE COLLECTED PER SE.YOU'RE ALSO TALKING ABOUT WHAT YOU'RE GONNA SELL THE LAND FOR, HOW YOU'RE GONNA CONTROL THE SELL OF THE LAND.
WHETHER YOU'RE GONNA PUT UM, UH, RESTRICTIONS ON THE USE OF LAND OR BUY BACKS ON THE LAND OR ANY OF THAT OTHER SORT OF STUFF.
SO YOU MIGHT ACTUALLY END UP QUOTE UNQUOTE INCENTIVIZING A MANUFACTURING DEAL AND NOT GIVING THEM ANY MONEY, BUT YOU'RE SELLING THEM TO 'EM AT, YOU KNOW, $7 A FOOT INSTEAD OF $10 A FOOT.
AND THAT'S A GREAT POINT TOO, BECAUSE THAT HELPS WITH THE CAPITAL REQUIREMENT FOR THOSE COMPANIES TOO.
SO AGAIN, IF THEY'RE LOOKING AT US AND THEY'RE LOOKING AT SEVERAL OTHER PLACES, MAYBE A LITTLE FURTHER OUT THAN THEY WOULD PREFER TO BE, BUT THE COST OF LAND IS CHEAPER, THEN WE CAN START COMPETING ON THAT AREA TOO BECAUSE THEN THEY'RE NOT HAVING TO EXPEND AS MUCH UPFRONT TO MAKE IT OPERATIONAL.
OR CAN BE POSITIONED AS, AND I SAY THAT TO SAY IT'S IMPORTANT THAT Y'ALL REMEMBER THAT, PARTICULARLY WHEN YOU'RE ENTERTAINING LAND PURCHASING BECAUSE IT DOES US NO GOOD TO SELL THE LAND FOR THEM TO TURN AROUND AND SAY WE NEED AN INCENTIVE TO BUILD AND NOW WE HAVE TO GO INCENTIVIZE IT AFTER WE HAVE SOLD THE LAND.
SO I'M NOT SAYING GIVE THE LAND AWAY FOR FREE BECAUSE I DON'T, WE GOTTA RECOVER OUR COSTS AND GET OUR MONEY BACK OUT OF THE DEALS, BUT DON'T, DON'T END UP IN A SITUATION OF SELLING LAND TO CLOSE LAND TO JUST END UP THEN INCENTIVIZING AND GIVING MONEY BACK.
YOU KNOW, WHEN YOU COULD HAVE DEALT WITH IT ON THE FRONT END FOR OH YOU MEAN LIKE A LEASE BACK ON AN INDUSTRIAL BUILDING? I AGREE TO, UH, CUT FROM 6 51.
IS THERE ANYTHING ANYBODY WANTS TO ADD THAT BEFORE WE ADJOURN? UH, SO I JUST WANT TO CLARIFY.
SO I'M GONNA WORK WITH KAITLYN ON DRAFTING A PROPOSED, UH, INCENTIVE PROGRAM OR PROBABLY A FEW, UM, JUST BASED ON THESE TYPE.
I TOUCHED ON THE WHOLE PERMITTING PROCESS.
IS THAT SOMETHING THAT THESE BODIES WOULD WANT TO COMMIT TO EXPEDITING, EXPEDITING FOR ECONOMIC DEVELOPMENT PROJECTS? I LIKE THAT BECAUSE ANYTHING THAT YOU CAN GUARANTEE THERE THAT THEN COST US LESS MONEY MAKES IT A MORE PROFITABLE DEAL WOULD BE.
SO YEAH, ANYTHING THAT WE CAN DO THERE.
ANOTHER COMMENT ON THAT IS, IT'S TOUGH TO SAY TURN SOMETHING AROUND IN 10 DAYS, SOMETHING LIKE THAT.
I'D RATHER THE WHOLE SYSTEM, WHICH I THINK WE'LL SEE HOW THE SAME COMES UP HERE WITH THE NEW UDC.
I'D LIKE TO SEE THE WHOLE SYSTEM EXPEDITED TO WHERE THAT ALONE IS JUST, THAT IS JUST THE INCENTIVE TOOL TO GET THE PEOPLE QUEUED UP TO WHERE THEY CAN START PICKING WHO CAN COME UP.
BUT MY UNDERSTANDING IS THAT THE UDC TELLS THEM WHAT THEY NEED TO DO TO DEVELOP, BUT IT DOESN'T, UM, INFORM THE PERMITTING PROCESS AS FAR AS REVIEW TIMES.
SO THEY CAN DESIGN SOMETHING THAT SATISFIES UDC PERFECTLY, BUT THEY STILL HAVE TO GO THROUGH THE REVIEW PROCESS.
SO IF WE'RE ABLE TO COMMIT TO A SHORTER EXPEDITED TIMEFRAME, THAT IS INCREDIBLY HELPFUL.
I, I THINK GETTING OUR WHOLE TIMEFRAME AS SHORT AS IT CAN IS GREAT, BUT I THINK PILOTING THAT BY STARTING IT WITH THE ECONOMIC DEVELOPMENT PROJECTS PERSON AND GETTING THAT AND GETTING EVERYBODY ON BOARD WITH, WITH HOW TO DO THAT AND MAKE THAT AS FAST AS IT CAN BE, BECAUSE THEN IT'S A SUBSET OF THE PROJECTS COMING IN TOO.
I'D LIKE TO HAVE MORE INFORMATION AND THEN YOU CAN TRY AND MAKE THAT, TURN THAT INTO BEING EFFECTIVE FOR EVERYBODY IN THE CITY.
BECAUSE I CAN TELL YOU IF YOU COULD TURN STUFF AROUND LIKE ONE, IF YOU JUST HAD LESS REQUIREMENTS AND WE DIDN'T GET INTO THE DATA, INTO THE ARTICULATIONS OF BUILDINGS AND ALL THIS CRAP WE GET INTO, THAT'S A HUGE WIN.
AND THEN IF YOU JUST SAID, LOOK, WE'LL TURN IT AROUND IN SAY 30 DAYS AND IT'S NOT LIKE GONNA BE SIX ROUNDS.
IF IT'S JUST LIKE TWO ROUNDS AND YOU'RE DONE, THAT ALONE IS A HUGE WIN FOR A LOT OF COMPANIES BECAUSE IF YOU TURN AROUND QUICKER, WHAT I THINK'S GONNA HAPPEN, IT'S GONNA BACK TO C**K BILL.
YOU'RE GONNA HAVE STAFF MEMBERS GO, OKAY, LITERALLY I GOT, I GOTTA DO THIS IN THE NEXT HOUR, BLAH BLAH, BOOM.
MAKE A FEW COMMENTS, SEND IT OFF GOING, I'LL GET IT ON THE NEXT ROUND.
AND THEN THE NEXT ROUND THEY'RE GONNA THEN DRAG STUFF IN AND THEN WE GET COMPLAINTS.
I'D RATHER SIMPLIFY THE PROCESS, WHAT DO WE REALLY CARE ABOUT? AND THEN JUST GIVE UP ON, YOU KNOW, WHAT KIND OF LIKE WE WERE TALKING ABOUT INSTEAD OF WHAT TYPE OF TREE, WHATEVER THE TEXAS A AND M FORESTRY SERVICES SAYS YOU CAN USE, DO IT.
AND LITTLE THINGS LIKE THAT IS WHAT DRAGS THINGS OUT.
BUT I THINK THAT'S SOMETHING THAT BIGGER CONVERSATION.
PERSONALLY WE CAN BRING THAT BACK SEPARATELY THEN.
OTHERWISE HE'S GONNA GET REAL MAD IF WE SAY, YEAH, MAKE IT FOUR DAY TURNAROUND.
WELL, THAT WOULD BE SOME OF THE DISCUSSIONS ON THE BACKEND IS IF WE IMPLEMENTED THIS, WHAT WOULD THAT MEAN FOR