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[(EDC) Board Meeting/(CDC) Board Meeting on February 9, 2026.]
AND I CALL THIS REGULARLY SCHEDULED HEAD OF ECONOMIC DE DEVELOPMENT CORPORATION, TYPE A AND TYPE B BOARD DIRECTORS.PRESENT, UH, BOARD MEMBER SCHNEIDER HERE.
BOARD MEMBER PORTERFIELD HERE.
PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS.
ONE NATION UNDER GOD, INDIVISIBLE WITH LIBERTY.
I PLEDGE ALLEGIANCE TO THE TEXAS ONE STATE UNDER GOD ONE.
AND INDIVISIBLE FAST AS WE CAN.
ALRIGHT, THAT'LL TAKE US TO ITEM FOUR, PUBLIC COMMENT.
DO WE HAVE ANYONE SIGNED UP, TOO? AWESOME.
UM, BEFORE WE GET ON TO ITEM FIVE, UH, I DO HAVE AN ANNOUNCEMENT TO MAKE.
UM, SO THIS ISN'T EASY TO SAY, BUT I WANNA SHARE WITH ALL, SHARE THIS WITH ALL OF YOU, YOU KNOW, DIRECTLY AND THOUGHTFULLY.
UM, TONIGHT I AM RESIGNING FROM MY POSITION AS CHAIRMAN AND BOARD MEMBER OF THE ECONOMIC LAW CORPORATION.
UH, IT'S NOT AN EASY DECISION, BUT DUE TO INCREASING WORK OBLIGATIONS AND HEALTH, UH, RELATED CONSIDERATIONS, I'M NO LONGER ABLE TO DEVOTE THE LEVEL OF TIME, ENERGY, AND ATTENTION THAT THIS ROLE IN THIS ORGANIZATION DESERVES.
UM, SERVING AS CHAIRMAN AND AS A MEMBER OF THIS BOARD HAS BEEN TRULY AN HONOR AND A PRIVILEGE.
I'M INCREDIBLY PROUD OF THE WORK WE'VE ACCOMPLISHED TOGETHER.
DURING MY TIME ON THE BOARD, WE'VE SEEN COUNTLESS PROJECTS MOVE FROM VISION TO REALITY PROJECTS THAT ARE NOW MAKING A MEANINGFUL AND LASTING IMPACT IN OUR COMMUNITY.
THAT DIFFERENCE IS A DIRECT RESULT OF THE COMMITTED, COLLABORATIVE, AND FORWARD THINKING TEAM.
I WANT TO SINCERELY THANK MY FELLOW BOARD MEMBERS AS WELL AS MANY PARTNERS AND STAKEHOLDERS, UH, WHO, WHO, EXCUSE ME, WHO SUPPORT THIS ORGANIZATION FOR THEIR DEDICATION AND COMMITMENT TO THE ECONOMIC ECONOMIC DEVELOPMENT CORPORATION'S MISSION.
I WOULD ALSO LIKE TO EXTEND A SINCERE THANK YOU TO CITY STAFF, PARTICULARLY, UH, DIRECTOR OF ECONOMIC DEVELOPMENT AND THE, UH, CITY CONTROLLER, UH, FOR THE PROFESSIONALISM, PARTNERSHIP AND STEADY SUPPORT.
THEIR COL COLLABORATION HAS BEEN INSTRUMENTAL IN HELPING THIS BOARD, UH, TO DO ITS WORK EFFECTIVELY.
AS LEADERSHIP MOVES FORWARD, I HAVE FULL CONFIDENCE IN THE VICE CHAIR, UH, AND THE BOARD TO CONTINUE PROVIDING STEADY DIRECTION AND OVERSIGHT.
MY SUPPORT FOR THE ECONOMIC FELLOW CORPORATION AND ITS MISSION REMAINS STRONG.
I LOOK FORWARD TO WATCHING THE TEAM'S CONTINUED SUCCESS FROM THE SIDELINES, UH, AND TO SEEING THE POSITIVE IMPACT, UH, OF YOUR WORK UNFOLD IN THE YEARS AHEAD.
THANK YOU FOR THE TRUST YOU'VE PLACED IN ME FOR THE COLLABORATION WE'VE SHARED AND FOR THE OPPORTUNITY TO SERVE.
IT'S BEEN A MEANINGFUL EXPERIENCE AND I'M GRATEFUL FOR THE TIME I'VE SPENT WORKING ALONGSIDE ALL OF YOU.
SO, WITH THAT, THAT TAKES US TO ITEM FIVE, ONE, DISCUSSING CONSIDER ACTION TO APPROVE THE CORPORATION'S MONTHLY FINANCIAL REPORT FOR JANUARY, 2026.
CHRISTINA BISHOP, ASSISTANT FINANCE DIRECTOR.
UM, FINANCIALS WERE SENT OUT TO YOU VIA EMAIL AND IN THE AGENDA PACKET, UH, ON FRIDAY.
UM, I THINK THE ONLY THING I HAVE TO NOTE THAT WAS OUT OF THE ORDINARY WAS YOUR, UH, SEMI-ANNUAL INTEREST PAYMENT ON THE 2018 BONDS WAS, UH, DUE FEBRUARY 1ST.
WE MADE THAT PAYMENT AT THE END OF JANUARY.
UH, AS A REMINDER, THOSE BONDS PAID FOR THE MEGASITE LAND AND, UM, WILL BE PAID OFF IN 2048.
UM, LET ME KNOW IF YOU HAVE ANY QUESTIONS.
OTHER THAN THAT, THAT'S ALL I HAVE.
ANY COMMENTS, CONCERNS? HEARING NONE? WE STILL HAVE ACTION ON THIS, SO MOTION TO APPROVE IS PRESENTED.
ALRIGHT, WE HAVE A MOTION BY ORDER OF REPORTER FIELD.
SECONDED BY BOARD MEMBER MORRIS.
UH, OPEN IT UP FOR DISCUSSION, HEARING NON ROLL CALL PLEASE.
MOTION PASSES 6 0 5 2 DISCUSSING CONSIDERATION OF RESOLUTION R-H-E-D-C 2026, UH, 0 0 7 TO APPROVE THE CREATION AND MANAGEMENT OF A LINKEDIN ACCOUNT FOR THE HU ECONOMIC HU ECONOMIC DEVELOPMENT CORPORATION.
UM, INFORMATION WAS PROVIDED IN THE AGENDA PACKET FOR Y'ALL.
UH, AS TO THE REASON FOR CREATING THIS ACCOUNT, UM, STAFF FEELS LIKE THIS IS GOOD ALIGNMENT FOR INTENDED EDC AUDIENCES TO COMMUNICATE THE VISION AND PROGRESS THAT THIS CORPORATION IS MAKING.
UH, SEVERAL ECONOMIC DEVELOPMENT ORGANIZATIONS IN THE AREA, AS WELL AS THROUGHOUT THE STATE, ALL ENGAGE ON LINKEDIN, AND WE FEEL LIKE THAT'S AN APPROPRIATE PLATFORM FOR THIS BODY TO ENGAGE IN.
WE ALSO CURRENTLY HAVE THE STAFF CAPACITY
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TO CREATE AND MANAGE THE ACCOUNT.THERE WAS A PLAN PROVIDED AS AN ATTACHMENT TO THE AGENDA ITEM AS WELL.
SO WITH THAT, I'LL LEAVE IT TO Y'ALL FOR DISCUSSION AND ANY QUESTIONS I CAN ANSWER.
SO IF THIS IS, UH, IF THIS IS PASSING CREATED, WHO WOULD, WHO WOULD, WOULD ESSENTIALLY ALL THE EDC STAFF HAVE ACCESS TO THIS LINKEDIN? OR WOULD IT BE MANAGED? LIKE WHO WOULD BE THE ADMIN, I GUESS? HOW WOULD THAT WORK? SURE.
SO, UM, ADMIN WOULD BE JENNIFER DERO, WHO'S OUR MARKETING SPECIALIST.
AND THEN, UH, WE WOULD ALSO IDENTIFY SOMEONE ON THE COMMUNICATIONS TEAM FOR THE CITY THAT WOULD ALSO HAVE ADMIN PRIVILEGES.
DO WE HAVE SOME SPECIFIC PLANS ON WHAT YOU'D LIKE TO, YOU PLAN TO POST ON A REGULAR BASIS? AND OF COURSE, YOU KNOW, AS THINGS DEVELOP AD HOC.
SO, UH, CONTAINED IN THE LINKEDIN PLAN, THE CONTENT STRATEGY WOULD INCLUDE SUCCESS STORIES, ECONOMIC UPDATES, COMMUNITY SPOTLIGHTS, AND THEN PARTICIPATION AT VARIOUS NETWORKING AND EVENTS.
LIKE YOU SPOKE AT A LINK GLEN EVENT RECENTLY AND IT WAS OVERWHELMINGLY ATTENDED.
IT WAS STANDING ROOM ONLY, AND IT, THOSE SORTS OF EVENTS I THINK CAN BE HIGHLY PROMOTED ON LINKEDIN.
YEAH, I THINK THIS IS A GREAT IDEA.
UM, I THINK THE, YOU KNOW, HAVING THE, THE MANAGEMENT OUTSIDE OF THE, OF THE EDC BOARD I THINK IS A GOOD THING.
I DON'T NECESSARILY HAVE A PROBLEM WITH THE DIRECTOR OF EDC, BUT, UM, BUT DEFINITELY FUNNEL THROUGH COMMUNICATION BEFORE I, I HAVE A QUESTION.
I POST, UM, ON MY, MY PROFESSIONAL PAGE.
I MEAN, THAT'S WHY I USE LINKEDIN.
IT DOES SHOW MY MY CITY COUNCIL, UH, MEMBERSHIP, BUT IT DOESN'T SAY ANYTHING ABOUT MY EDC MEMBERSHIP.
SO THE QUESTION I HAVE IF I'M POSTING ON THERE IS A COMMENT OR, OR, YOU KNOW, AN AN IMPRESSION, UM, SH SHOULD I, I I, I GUESS I'M JUST ASKING FOR ADVICE.
OBVIOUSLY I CAN PROBABLY DO WHATEVER I WANT TO DO, BUT I'D LIKE TO PLAY, PLAY, PLAY WELL WITH OTHERS.
UM, IS, SHOULD I ACKNOWLEDGE THAT I'M ON EDC? I MEAN, ALL MY BIO SAYS I'M ON CITY COUNCIL, BUT IT DOESN'T SAY I'M ON EDC 'CAUSE I DUNNO, BECAUSE I DON'T NECESSARILY KNOW IF, IF, IF MY COMMENTS, I DON'T WANNA SAY MY COMMENTS ARE A REPRESENTATIVE AND I'LL HAVE A DISCLAIMER THAT I'M NOT REPRESENTING THE EDC BOARD OR NOT NECESSARILY THE CITY COUNCIL, BUT HERE'S MY OPINION ABOUT THIS YAY OR NAY OR WHY YEAH.
WHAT YOU DISCLOSE ON YOUR PERSONAL SLASH PROFESSIONAL LINKEDIN ACCOUNT IS ENTIRELY UP TO YOU.
IF YOU'D LIKE TO ADD YOUR MEMBERSHIP AS, AS AN EDC BOARD MEMBER ON THERE, YOU'RE PERFECTLY WELCOME TO JUST AS YOU WOULD BE ABLE TO UPDATE ANY PRIOR WORK EXPERIENCE OR OTHER ASSOCIATION MEMBERSHIPS THAT YOU HAVE OR, OR WHATNOT.
I THINK FOR, UH, OUR ATTORNEY.
I DO BELIEVE, IF THE, CORRECT ME IF I'M WRONG, IF THE EDC WERE TO POST AN ITEM ON LINKEDIN AND MORE THAN THREE MEMBERS OF THIS BOARD COMMENTED ON THAT ITEM, THAT COULD CONSTITUTE A QUORUM MORE THAN THREE MEMBERS.
SO I WOULD JUST SAY BE CAREFUL IF ABSOLUTELY.
THAT'S WHY I, I SAY PEOPLE ON, ON BOARDS CAN'T BE FA FACEBOOK FRIENDS BECAUSE IF THEY ALL SPEAK ON AN ITEM, THEN THEY'RE TALKING ABOUT A MATTER WITHIN THE JURISDICTION OF THE BOARD AND THEY SPEAK ON IT OUTSIDE OF A PUBLIC MEETING, IT COULD BE A VIOLATION.
SO IF YOU'RE NOT CONNECTED ON LINKEDIN, THEN IT'S NOT AN ISSUE BECAUSE YOU HAVE TO BE CONNECTED ON, NO, DOESN'T MATTER.
YOU CAN BE CONNECTED ON LINKEDIN, IT DOESN'T MATTER.
ANY MESSAGE, WHETHER IT'S PUBLIC OR ON THE PRIVATE MESSAGING, WOULD, WOULD, COULD CONSTITUTE THAT ISSUE IF IT'S BEEN TRANSMITTED TO A FORUM.
SO JUST SAYING, HEY, GREAT IDEA OR GOOD NEWS, OR WE'RE GOING IN THE RIGHT DIRECTION.
I MEAN, THAT'S RIGHT BECAUSE THAT WOULD, THAT WOULD INDICATE AN AFFIRMATIVE BELIEF OF THE ACTION AS BEING SUBJECT OR BEING APPROVED BY YOU.
WHAT I FIND IS THE WHOLE ART, THERE WAS, THERE'S A WHOLE LEGAL ARTICLE ABOUT THUMBS UP ON FACEBOOK.
WHAT DOES THAT MEAN? WELL, WE'RE NOT TALKING ABOUT FACEBOOK THOUGH.
WE'RE TALKING ABOUT LINKEDIN, WHICH IS A, IT'S THE SAME SOCIAL, SOCIAL MEDIA.
THAT, BUT IT'S A BUSINESS PLATFORM.
I, I UNDERSTAND WHAT LINKEDIN IS.
WHAT I'M TALKING ABOUT IS THE INTERPRETATION OF YOUR STATEMENTS OR COMMENTS THAT ARE MADE ON SOCIAL MEDIA SITES SUCH AS LINKEDIN, FACEBOOK, UM, YOU KNOW, SNAPCHAT, UH, INSTAGRAM, INSTAGRAM, WHATEVER THE, THE, THOSE ARE, IF YOU DO SOMETHING THAT SHOWS AN AFFIRMATIVE OR A NEGATIVE BELIEF AS TO SOME ACTION THAT'S GOING TO BE TAKEN, THEN YOU'VE INDICATED, UM, YOUR, YOU'VE COMMUNICATED A MESSAGE.
AND IF YOU DO THAT WITH, UM, UH, A QUORUM OR IF SAY ONLY YOU AND, AND ANOTHER MEMBER OF THE BOARD DO IT, AND THEN LATER ON, A THIRD MEMBER OF THE BOARD SEES IT AND THEN TELLS ANOTHER MEMBER OF THE BOARD, THAT'S A SERIES OF COMMUNICATIONS WHICH RESULTS IN A VIOLATION OF THE ACT.
AND SO WHO TRACKS IT? BECAUSE SOMETIMES THERE ARE LIKE A HUNDRED COMMENTS, WHOEVER CAN SEE IT, WHO WANTS TO
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MAKE A COMPLAINT OF A CLASS B MISDEMEANOR TO THE COUNTY ATTORNEY'S OFFICE.WHEN YOU SAY GOOD JOB OR PERSON, ANY PERSON COULD MAKE THAT COMPLAINT AND THEY COULD JUST LOOK THROUGH THE HUNDREDS OF, OR THOUSANDS OF COMMENTS AND MAKE THAT DETERMINATION.
WELL, IF YOU, IF I'D SAY THIS, OR IF THE CITY WERE TO MAKE A POST AND HAD 10,000 COMMENTS, IT MAY BE TOUGHER, BUT MOST OF THE POSTS ARE LIKE 50 OR 10.
AND IF THERE'S PEOPLE OUT THERE WHO, THEY JUST LOOK FOR THAT, THOSE ISSUES.
AND SO THEN IF YOU SEE THE EDC MAKE A COMMENT AND ALL OF A SUDDEN YOU SEE JIMMY AND EVAN ON THERE, YOU WOULD NOT WANT TO.
SO WHAT I FIND IS I VERY RARELY COMMENT ON ANYTHING OR DO ANYTHING WITH ANY OF THE CITY STUFF BECAUSE ONE, I DON'T LIKE MOST OF WHAT THE CITY POSTS.
AND THEN THE OTHER PART IS I DON'T HAVE TO WORRY ABOUT, YOU KNOW, THAT SORT OF THING BEING A THING.
AND THAT, THAT'S JUST WHAT I WOULD SUGGEST TO EVERYBODY IS IT LET THE EDC DO THEIR THING AND THEY'RE GONNA BE OUT THERE SPINNING STUFF UP AND THEN IT, YOU ON YOUR OWN, YOU KNOW, WE CAN HAVE A MEETING AND THEN YOU CAN POST A LINKEDIN THING ABOUT THE MEETING.
AND THAT'S NOT THE SAME AS THE EDC POSTING, BUT I JUST MAKE IT A HABIT TO STAY AWAY.
TO ME, IF IT'S ILLEGAL, IT DOESN'T MATTER THE DIFFICULTY OF BEING CAUGHT, IT'S ILLEGAL.
IT'S ILLEGAL AND I DON'T WANNA DO ANYTHING ILLEGAL.
WELL, IT'S JUST A CLARIFICATION BECAUSE IT, WHEN YOU COMMENT OR YOU INDICATE A, LIKE, LIKE GEORGE, UH, GREG WAS SAYING THAT, UH, THAT HELPS PROMOTE THE ACTUAL POST, NOT IF IT'S ILLEGAL, ORIGINAL.
AND SO THAT'S WHY I'M ASKING THE QUESTIONS TO UNDERSTAND, NOT THAT YOU'RE TRYING TO DO SOMETHING ILLEGAL, BUT YOU'RE TRYING TO PROMOTE THE, THE PROGRESS OF WHATEVER'S HAPPENING IN, UM, IN HURO.
I KNOW THAT A LOT OF THE OTHER MUNICIPALITIES, THEY POST A LOT ON A REGULAR BASIS EVERY DAY AND THEY GET MORE THAN 50 COMMENTS BECAUSE WILLIAMSON COUNTY IS A HOT COUNTY RIGHT NOW.
THERE ARE A LOT OF THINGS HAPPENING IN EACH MUNICIPALITY.
THE GOOD NEWS IS, I THINK ON THE YOU TWO ARE BIG LINKEDIN PEOPLE.
SO EVAN DOESN'T KNOW WHAT IT IS.
AND WE'RE NOT CONNECTED ANYWAY.
YOU, YOU REFUSE MY CONNECTION ITEM
CONVERT THAT FROM A THUMBS UP TO A MOTION.
I I MOTION THAT WE ACCEPT THIS, UH, THIS NEW, UH, APPROACH.
ALRIGHT, WE HAVE A MOTION BY, UH, SECRETARY GONZALEZ, SECONDED BY BOARD MEMBER MORRIS TO APPROVE AS PRESENTED.
MOTION PASSES SIX OH ITEM FIVE THREE A, DISCUSS AND CONSIDER ACTION ON RESOLUTION R-H-E-D-C 20 26 0 0 8 TO AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE THE DOCUMENTS RELATED TO THE LAND SALE TRANSACTION FOR PROJECT STRAT.
UH, SO THIS ITEM, UH, AGAIN, PROVIDED IN THE AGENDA ITEM REPORT.
UH, I'VE BEEN GIVEN SIGNATURE AUTHORITY FOR SIMILAR DOCUMENTS SUCH AS THE CLOSING DOCUMENTS ON THE ALLIANCE BANK RENEWAL, UM, DUE TO THE TIMING OF THE STRAT THREE CLOSING, HOPEFULLY NEXT WEEK, UM, I JUST WANTED TO GIVE ADDITIONAL FLEXIBILITY THAT IS MY JOB ALL DAY, EVERY DAY TO, TO DO THE WILL OF THIS CITY AND THIS CORPORATION.
AND SO, UH, I DO HAVE THE CAPACITY AND FLEXIBILITY TO ACCOMMODATE WHATEVER SCHEDULE WOULD BE NEEDED BY THE STRAT THREE TEAM.
AND SO I'M JUST ASKING FOR THIS SPECIFIC CLOSING, IF Y'ALL WOULD BE COMFORTABLE AUTHORIZING ME TO EXECUTE THOSE DOCUMENTS ON Y'ALL'S BEHALF.
SECOND, UH, WE HAVE A MOTION BY CHAIR CARLSON, SECONDED BY BOARD MEMBER PORT FIELD.
MOTION PASSES SIX OH ITEM FIVE FOUR.
DISCUSS AND CONSIDER ACTION ON RESOLUTION R-H-E-D-C 20 26 0 0 9 TO APPROVE A BUDGET AMENDMENT FOR THE BRUSHY CREEK WASTEWATER INTERCEPTOR PHASE FOUR PROJECT AND THE AMOUNT OF $34,998,328 EVEN.
CHRISTINA BISHOP, ASSISTANT FINANCE
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DIRECTOR AGAIN, UM, THIS BUDGET, PROPOSED BUDGET AMENDMENT TONIGHT IS, UM, A NET EFFECTIVE ZERO.IT WOULD BE AMENDING THE BUDGET FOR $34,998,328 FROM THE CITY, UH, TO FUND THE EDCS CONTRACT, UH, WITH MCKEE CONTRACTORS FOR THE BRUSHY CREEK, UM, INTERCEPTOR PHASE FOUR, UM, FOR ANOTHER EXPENDITURE OF 34 9 98 3 28.
SO AGAIN, NET EFFECTIVE ZERO ON YOUR BUDGET.
UM, THIS IS JUST MORE OF A, OF A HOUSEKEEPING ITEM.
IF THIS PASSES TONIGHT, IT WILL GO TO COUNCIL ON THE, UH, FEBRUARY 19TH MEETING.
ANY QUESTIONS? SKIP AHEAD AND SO MOVED.
ALRIGHT, WE HAVE A MOTION BY CHAIR CARLSON.
SECONDED BY BOARD MEMBER MORRIS.
DISCUSS AND CONSIDER ACTION REGARDING THE CREATION OF A DOCUMENT TRACKING SYSTEM FOR LEGAL DOCUMENTS REQUIRING REVIEW.
SO, UH, SHOULD BE NO SURPRISE TO THIS CORPORATION OR THE PUBLIC LISTENING.
THERE'S A LOT GOING ON FOR THIS BOARD.
UM, AND A LOT OF DOCUMENTS REQUIRING LEGAL REVIEW AND, UH, BACK AND FORTH BETWEEN STAFF AND LEGAL.
SO, UM, TAKING A PAGE OUT OF CITY'S BOOK WITH THEIR ATTORNEY, UM, THEY DO, UH, DOCUMENT TRACKING AND I JUST, WE BASICALLY COPIED WHAT THEY DO, UH, AND PROVIDED THAT FOR YOU.
HAPPY TO TAKE ANY FEEDBACK, ADJUSTMENTS FROM LEGAL OR THE CORPORATION, UH, THE BOARD HERE, IF YOU HAVE PREFERENCE OR DIRECTION ON FORMATTING OR WHAT YOU'D LIKE TO SEE INCLUDED.
SO IT COULD BE A PURCHASE AND SALE AGREEMENT.
IT COULD BE A RIGHT OF ENTRY, IT COULD BE A RESOLUTION, IT COULD BE, UM, A PROJECT UPDATE THAT REQUIRES A LEGAL OPINION, ANYTHING OF THAT NATURE.
GEORGE, CAN YOU THINK OF ANYTHING ELSE? PRETTY MUCH ANYTHING
AND THAT'S SOMETHING THAT IS SHARED BETWEEN THE TWO OF US, UM, TO BE ABLE TO MANAGE THOSE THINGS TO MAKE SURE EXPECTATIONS ARE MET AS WELL AS DEADLINES ARE DONE.
'CAUSE A LOT OF TIMES WE WILL GET SOMETHING, HEY, I'D LIKE TO GET THIS, BUT IT DOESN'T HAVE A DEADLINE.
AND SO WE DON'T KNOW NECESSARILY WHAT PRIORITY TO PUT ON IT.
SO THAT'S THE WAY TO REMIND EVERYBODY TO DO THAT.
SO ANYTHING OF THAT NATURE IS FINE WITH US.
SO RIGHT NOW WE DON'T HAVE THAT IN EXISTENCE? NO.
EVERYTHING'S JUST TRACKED VIA EMAILS THAT WE SEND BACK AND FORTH.
AND I THINK ONE OF THE OTHER THINGS THAT I WOULD FIND HELPFUL WITH THIS IS THAT BECAUSE WE GET A LARGE VOLUME OF EMAILS, IF GEORGE OR SOMEONE FROM HIS OFFICE HAS RESPONDED AND I DON'T SEE IT, I CAN GO INTO THAT SPREADSHEET TRACKING LIST, RIGHT.
AND SEE, OH, THEY SENT IT HERE.
AND SIMILARLY THEY CAN SAY, OH, WELL I MISSED THAT, BUT IT SHOWS THAT IT WAS SENT ON WHAT DAY SO THEY CAN GO BACK AND, AND LOOK AT THAT.
SO I THINK IT'S JUST A NICE CLEAR, CENTRALIZED REPOSITORY FOR THOSE THINGS TO, FOR EFFICIENCY, BECAUSE IT GOES BACK AND FORTH.
THERE MAY BE QUESTIONS THAT COME UP WHILE WE'RE PREPARING SOMETHING AND WE NEED FOR DOCUMENTS OR NEED INFORMATION.
UM, SO, AND, AND VICE VERSA, SUBJECT CHANGES.
SO IF, IF CHANEY SENDS YOU AN EMAIL, SHE WILL TRY WRITE IT INTO THAT TRACKING DOCUMENT.
WELL JUST THAT LIKE, UM, SUBMITTED REQUEST FOR RESOLUTION FOR UPCOMING MEETING AND THEN THE DATE NEEDED IN THREE DAYS.
IT'LL BE LIKE A COLUMN, WHAT'S NECESSARY, THE TOPIC.
AND, AND THEN WE'D SAY, YOU KNOW, REQUESTED INFORMATION ON WHATEVER THE CASE MAY BE AND THE DATE.
AND THEN THAT WAY SHE GOES OUT, OH, THEY'RE WAITING ON ME.
OR I LOOK AT, OH, WE GOT THIS DUE TOMORROW.
SO, SO THE ORIGINATOR OF THE EMAIL WILL BE ALSO PUTTING IT IN THE TRACKING SYSTEM.
SO I THINK IT'S A GOOD IDEA, BUT I, I HAVE A CAUTION.
I WANNA MAKE SURE WE DON'T, YOU CAN SPEND SO MUCH TIME TRACKING THAT, LIKE, NOT THAT GEORGE WOULD CHARGE US EXTRA, BUT I MEAN, I'VE HAD ATTORNEYS TO WHERE THEY'LL SEND AN EMAIL
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AND THE, AND I KNOW I'M NOT SAYING GEORGE DOES THIS, THIS IS HIS PERSONAL EXPERIENCE, BUT, UM, THEY'LL SEND AN EMAIL, HEY, WHERE ARE YOU AT ON THIS EXTENSION? AND THEN WHEN YOU GET THE BILL, IT'S $125 TO SEND AN EMAIL BECAUSE EVERYTHING GETS TRACKED TO LIKE THE MINUTE.SO I DON'T WANT IT TO GET TO WHERE ALL OF A SUDDEN WE DON'T HAVE TIME TO DO THINGS.
BUT I DO THINK IT'S IMPORTANT TO HAVE SOME SORT OF TRACKING.
I WOULD LIKE TO SEE, I DON'T THINK YOU SAID THIS, MAYBE THERE'S A WAY FOR A READ ONLY VERSION FOR US TO SEE SO THAT THEN WE CAN SEE, BECAUSE I KNOW ON THE CITY SIDE, I DON'T KNOW HOW THINGS TEND TO GET LOST.
AND SO IF YOU'RE NOT LIKE CONSTANTLY ON SOMEBODY, I ALWAYS FEEL LIKE IT'S, YOU GO THREE MONTHS.
WHEN WE JUST HAD A MEETING THURSDAY WHERE THERE WAS A PROJECT, THE DESIGN WAS SUPPOSED TO BE DONE IN SEPTEMBER AND I HAD STUMBLED ACROSS IT, I FORGOT ABOUT IT AND THEN I SAID, I NEED TO SEE AN UPDATE ON THIS.
AND IT TURNED OUT, OH, SCOPE CREEP AND WE'RE NOT EVEN CLOSE TO BEING DONE AND WE'RE SORRY.
AND SOMEHOW WE'RE WORKING ON THE CITY COUNCIL SIDE TO TRY TO GET TO WHERE WE DON'T LOSE TRACK OF THINGS.
WE STICK TO DEADLINES AND ALL THAT.
AND I THINK THIS IS A GOOD STEP IN DOING THAT BECAUSE ECONOMIC DEALS, PEOPLE ARE WORKING MULTIPLE CITIES AT A TIME AND YOU CAN, YOU CAN LOSE A DEAL BECAUSE QUITE HONESTLY, GEORGE DIDN'T GET BACK OR CHENEY DIDN'T GET BACK, OR, UH, ACCOUNTING DIDN'T GET BACK.
BEFORE YOU KNOW IT, THEY JUST SAID, HEY, I'LL MOVE ON TO SOMEBODY ELSE.
SO THAT THIS WOULD BE A GOOD WAY TO KEEP US ALL.
IT'S LIKE PROJECT MANAGEMENT ACTUALLY.
AND IT SOUNDS LIKE YOU DON'T WANNA BUY A SYSTEM.
'CAUSE SOMETIMES ON THE CITY WE GOT A $40,000 FIX FOR A 200 PROBLEM SELL FOR NOW.
BECAUSE IF IT'S, IF THE EXCEL IS MANAGED BY CITY OF HOW TO AS A WHOLE INSIDE OF ITS TENANT, THAT MEANS THAT EVERYBODY ON THE BOARD COULD HAVE READ ONLY PERMISSIONS.
GEORGE AND HIS TEAM COULD HAVE EDIT PERMISSIONS AND OBVIOUSLY THE DOCUMENT CREATOR WOULD HAVE EDIT PERMISSIONS SO YOU CAN KIND OF GET EVERYTHING YOU WANT AND WE DON'T HAVE TO PAY FOR IT, WHICH I THINK IS PRETTY GOOD.
I MEAN MONDAY WRIKE, WE'VE DONE IT SEVERAL OF 'EM OVER TIME AND THEY, THEY END UP BECOMING MORE MISINFORMATION UNLESS THEY'RE AL AND THEN THEY BE, THEY CREATE A LIFE FOR THEIR OWN, LIKE YOU WERE SAYING.
ALRIGHT, THIS DOES HAVE ACTION ON IT.
SO MOTION TO APPROVE IS PRESENTED.
ALRIGHT, WE HAVE SECOND WE HAVE A MOTION TO APPROVE IS PRESENTED BY BOARD MEMBER REPORTER FIELDS SECONDED BY SECRETARY GONZALEZ.
MOTION PASSES SIX OH ITEM FIVE SIX DISCUSSING CONSIDER ACT REGARDING THE CORPORATION MEETING SCHEDULE FOR 2026.
UH, SO TOOK A LOOK AT THE 2026 CALENDAR AND, UH, IDENTIFIED THAT OUR OCTOBER 12TH REGULARLY SCHEDULED MEETING FALLS ON A HOLIDAY.
SO STAFF RECOMMENDS MOVING THAT MEETING TO OCTOBER 19TH.
AND THEN WE ALSO HAVE ON THE CITY SIDE A BOARDS AND COMMISSION STRATEGIC PLANNING SESSIONS SCHEDULED FOR SATURDAY FEBRUARY 28TH.
UH, SINCE THIS BOARD IS CURRENTLY UNDERGOING A STRATEGIC PLANNING EXERCISE, UM, I WASN'T SURE IF THAT WOULD BE OF VALUE FOR THIS BOARD OR MORE OF A HINDRANCE SO THAT IF THE WHOLE BOARD DOESN'T ATTEND OR ISN'T ABLE TO ATTEND THAT PLANNING SESSION, THEN WOULD WE BE UNDOING THINGS THAT WERE PREVIOUSLY DONE.
UH, SO JUST SOME EFFICIENCY CONSIDERATIONS THERE.
UH, STAFF RECOMMENDATION IS TO NOT PARTICIPATE IN THAT SINCE WE HAVE IT COMING BACK ON MARCH 9TH FROM, UH, OUR DIRECTOR OF STRATEGIC OPS.
UM, AND THEN ALSO WE HAVE AN OPPORTUNITY FOR A SPECIAL CALLED MEETING, UH, TO CONSIDER THE PURCHASE AND SALE AGREEMENT FOR, UH, THE RETAIL DEVELOPMENT COMPONENT ON THE COTTONWOOD PROPERTIES BASED ON QUORUM AVAILABILITY.
I WOULD PROPOSE, UM, A DATE PRIOR TO THE MARCH 9TH MEETING, PREFERABLY THE WEEK OF FEBRUARY 24TH TO THE 27TH.
UH, AND THEN ADDITIONALLY A SPECIAL CALL MEETING SOMETIME IN APRIL OUTSIDE OF THE REGULAR MEETING FOR PLANNING THE FY 27 BUDGET.
WHAT, WHAT DATE IS THAT, THAT LAST, THAT WOULD JUST BE DEPENDENT UPON QUORUM AVAILABILITY.
IS CITY HALL CLOSED ON OCTOBER 12TH? I BELIEVE SO.
USUALLY FOLLOW THE DISTRICT AND I BELIEVE THE DISTRICT IS CLOSED THAT DAY.
I THINK THEY JUST RELEASE THEIR CALENDAR.
ANOTHER CONCERN IS CALLING A SPECIAL CALL MEETING IN APRIL.
I THINK WE ALL JUST FIGURE OUT HOW TO MAKE IT, I MEAN, ESPECIALLY ON A BUDGET ITEM THAT'S NOT GONNA GET PASSED UNTIL AUGUST.
WELL, OUR BUDGET ACTUALLY FOR THE CORPORATION HAS TO BE APPROVED.
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60 DAYS.60 OR 90 DAYS PRIOR TO COUNCIL'S CONSIDERATION OF THE BUDGET.
IS THAT BY LAW? IT IT'S BY OUR BOARD BYLAWS.
SO WE JUST NEED TO HAVE IT READY BY THE MEETING IN MARCH? NO, NO, AUGUST.
SO IT WOULD BE, YEAH, MAY, JUNE AND MAY IS TYPICALLY MAY, MAY, JUNE, WHATEVER'S, I MEAN, I, I JUST DON'T SEE A REASON TO HAVE IT AGAIN.
I JUST DON'T SEE A REASON TO HAVE A SPECIAL CALLED MEETING FOR A BUDGET.
IF WE KNEW THE RULES, THEN YOU BACK UP 90 DAYS AND HAVE TO MEETING BEFORE THEN.
WE JUST HAVE IT, IS WHAT I'M KIND OF GETTING AT.
WE JUST SO AT A REGULAR MAY WON'T YEAH, MAY WON'T MAKE IT THEN WE DO IT IN APRIL OR WE DO IT IN MARCH AND GET IT GOING AND THEN WE FINISH IT UP IN APRIL.
BUT I WAS GONNA SAY, TYPICALLY IT DOES TAKE MORE THAN, THAN ONE MORE MEETING.
YEAH, BUT YOU'RE SUGGESTING DO IT MAYBE OVER TWO REGULAR MEETINGS INSTEAD OF A SPECIAL CALL.
I MEAN, IT'S NOT A SUPER IN DEPTH BUDGET.
AND SO IF WE, AS LONG AS WE DON'T HAVE ANY KIND OF, YOU KNOW, YOU NEED A SPECIAL CALL FOR, IF ANY,
SO BOARD PREFERENCE FOR BUDGET, WE'LL JUST DO SPLIT IT ON TWO REGULAR MEETINGS AND THEN RESERVE SPECIAL CALL IF NECESSARY.
SO THEN THAT LEAVES THE OTHER, UH, PROPOSED SCHEDULE ADJUSTMENTS.
I MEAN, IF, IF CITY HALL'S CLOSED ON THE 12TH, THEN I'M FINE MOVING IT TO THE 19TH.
BUT IF WE'RE OPEN ON THE 12TH, THEN I WOULD SAY LEAVE IT.
SO I'M, I'M, YOU KNOW, IF YOU GUYS ARE OFF, THEN I COULD, I COULD SEE WHY YOU WANNA MOVE THAT.
OCTOBER SEEMS LIKE FOREVER AGO.
BUT I DO BELIEVE CITY HALL WAS CLOSED THAT DAY.
YEAH, I I THINK WE HAVE IT AS IN INDIGENOUS PEOPLE'S DAY.
THE, THE, THE SCHOOL IS CLOSED THAT MONDAY AND TUESDAY THAT WEEK.
ACTUALLY THEY'RE CLOSED THE WHOLE WEEK.
WELL, STUDENTS ARE OFF THE WHOLE WEEK.
BUT, UH, STUDENTS AND STAFF MONDAY AND TUESDAY.
AND YOU'RE TALKING ABOUT A SPECIAL MEETING ON THE 27TH OR THE UH, THE WEEK OF THE WEEK OF THE 23RD.
CAN WE JUST HAVE IT JUST BASED ON QUORUM AVAILABILITY? I'M JUST BASICALLY ASKING FOR YOU GUYS TO PUT IT ON THE RADAR.
IF THAT IS SOMETHING YOU GUYS ARE WANTING TO DO.
I WILL COORDINATE LIKE I USUALLY DO TO FIGURE OUT CAN WE JUST DO IT MONDAY THE 23RD? DOES ANYBODY HAVE A PROBLEM WITH THAT? YOU GUYS CAN, I'M OUT.
BUT IF WE'RE, I GUESS IT'S NOT, SO WHY HAVE A SPECIAL MEETING TO FORMALIZE OR FINISH A DOCUMENT? WHY NOT JUST HAVE A REGULAR MEETING? WELL, 'CAUSE THAT WOULD SAVE US ABOUT TWO WEEKS.
WHEN'S OUR WAIT, WHEN'S OUR NEXT MEETING? I MEAN, YOU'RE WELCOME TO WAIT TILL THE NINTH.
I MEAN, THAT'S FINE, BUT I KNOW THAT THERE'S A PRETTY STRONG SENSE OF URGENCY AROUND THAT PARTICULAR DOCUMENT.
SO IF THE BOARD WAS WILLING TO DO A SPECIAL CALL, THAT WAS THE RECOMMENDED WEEK TO DO IT.
OUR NEXT MEETING IS ON MARCH 9TH.
ISN'T OUR MARCH MEETING ON THE SECOND OR NO, THE NINTH? IT'S ON THE NINTH.
YES, I'M OUT OF TOWN, BUT I'D JUST LIKE TO TRY TO GET EVERYTHING ON SPECIAL MEETINGS.
I KNOW WE USED TO BE TO WHERE WE HAD SPECIAL COLD MEETINGS.
WE WERE HAVING THEM LIKE EVERY OTHER WEEK AND UM MM-HMM
AND THAT GOT TO WEAR SOME PEOPLE OUT.
AND SO I JUST WANNA MAKE SURE WE DON'T GET INTO A HABIT OF 'EM AND WE NEED THE SO YOU JUST WANTED TO HAVE THIS 'CAUSE YOU, YOU WANNA GET GOING ON IT.
NOT THAT WE ARE MEETING A DEADLINE.
LIKE I SAID, THERE'S JUST BEEN SOME URGENCY AROUND THAT PARTICULAR DOCUMENT, SO I DIDN'T WANT TO DELAY THE PURCHASE AND SALE AGREEMENT FOR THE RETAIL DEVELOPMENT ON THE COTTONWOOD PROPERTY.
WELL, THE, THE URGENCY AROUND THAT PARTICULAR ITEM, I THINK THEY WANTED, WE WANTED TO WRAP SOMETHING UP BEFORE THAT WEEK.
SO I DON'T THINK THAT WE'LL MAKE THE TIMING EITHER WAY.
UM, HAVING THE SPECIAL CALL MEETING THAT WEEK OR NOT, BECAUSE I THINK THEY WANTED IT TO BE WRAPPED UP LIKE THIS WEEK FOR NEXT WEEK.
SO WE SHOULD HAVE HAD IT TONIGHT, IF I'M NOT MISTAKEN.
SO YOU'RE SAYING IF WE HAVE IT THE WEEK OF THE 23RD, IT'S NOT GONNA, IT'S IRRELEVANT.
KAYLYN, I DON'T THINK IT'S GONNA MATTER.
I I MEAN, CORRECT ME IF I'M WRONG, IF UNLESS I MISS SOMETHING AND IT'S MORE CONVERSATIONS.
I THINK THAT WAS WHAT THEY WERE IMPLYING.
YEAH, I THINK THEY WERE TRYING TO HIT THE ICSE DEADLINE NEXT WEEK.
WHICH IS NEXT IS ON NEXT WEDNESDAY, I THINK.
AS LONG AS IT'S DONE BY MAY FOR THE BIG ICSC.
I MEAN, IF THAT'S THE CASE, THEN I'M FINE HAVING AT OUR REGULAR MEETING ON THE NINTH.
I MEAN, I WOULD AGREE WITH JUST WAITING UNTIL THE NINTH.
[00:30:01]
U UNLESS THERE'S SOMETHING I'M MISSING THERE, IT COULD BE.SO THEN THAT JUST LEAVES THE, UH, BOARDS AND COMMISSION STRATEGIC PLANNING SESSION FOR SATURDAY THE 28TH TO PARTICIPATE OR NOT PARTICIPATE? WELL, I HAVE TO PARTICIPATE HERE REGARDLESS.
NO, I GUESS WHO'S AVAILABLE THAT DATE AND WHO IS PLANNING TO ATTEND? 1, 2, 3, 4.
FOR EDC THOUGH, OR ARE YOU GUYS GOING? COUNSEL, DO YOU KNOW? I'M SURE I, I DON'T KNOW WHAT THE PLAN IS OF THE, OF THE DEAL.
SO I'LL MAKE A MOTION THAT WE ADD ON, I DON'T KNOW WHAT TO SAY HERE.
ADD ON TO OUR CALENDAR, THE PLANNING SESSION FOR FEBRUARY 28TH AND WE RESCHEDULE OCTOBER 12TH TO OCTOBER 19TH.
SECOND, UH, WE HAVE A MOTION BY BOARD MEMBER SNYDER SECONDED BY, UH, BOARD MEMBER MORRIS.
ACTUALLY I'M A VENTRILOQUISM SUPPORTER.
THIS ALL RIGHT, EVERYONE CLEAR ON MEMBER SNYDER'S MOTION? YES.
UH, OPEN IT UP FOR DISCUSSION.
OH, I'LL TAKE US TO ITEM FIVE SEVEN TO DISCUSS AND CONSIDER ACTION.
TO APPROVE THE MINUTES FROM THE REGULAR, REGULAR, SORRY.
FROM THE REGULAR MEETING ON JANUARY 12TH, 2026 AND THEIR SPECIAL CALLED MEETING ON JANUARY 15TH, 2026.
ALRIGHT, WE HAVE A MOTION BY BOARD MEMBER SNYDER SECONDED BY PORTER, UH, BOARD ON REPORTER FIELD.
THE BOARD WILL NOW REASSESS THE OPEN MEETING AND RECONVENE EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE SECTION 5 5 1 0 7 1 OUR ATTORNEY CONSULTATION SECTIONS 5 5 1 0 8 7 ECONOMIC DEVELOPMENT AND 5 5 1 0 7 2 REAL PROPERTY TO DELIVERY AND SEEK LEGAL ADVICE REGARDING THE FOLLOWING ECONOMIC DEVELOPMENT PROJECTS.
PROJECT C WILL PROJECT STRAT THREE.
THE MEGASITE PROJECT, PROJECT ORCHARD PROJECT CORP.
A PROJECT SHRINE POTENTIAL REAL ESTATE TRANSACTIONS, THE INCENTIVE AGREEMENT FOR HUDA HOSPITALITY, THE LOAN FOR THE COTTONWOOD PROPERTIES, THE PLANNING AND DEVELOPMENT OF THE COTTONWOOD PROPERTIES, ANY RELATED INCENTIVES, PO UH, POSSIBLE LITIGATION ON MIDWAY SALES TAX AND SHARING AGREEMENTS BETWEEN THE CITY OF HU AND WILLIAMS COUNTY EMERGENCY SERVICES DISTRICT NUMBER THREE, USE OF IMMINENT DOMAIN FOR ECONOMIC DEVELOPMENT AND THE EVALUATION OF AVAILABLE CORPORATE FUNDS FOR INCENTIVES.
HOW ECONOMIC DEVELOPMENT CORPORATION, UH, HAS RETURNED FROM EXECUTIVE SESSION? THE TIME IS NOW 9 24.
MOVING ON TO ACTION RELATIVE TO EXECUTIVE SESSION ITEM SEVEN ONE, DISCUSS AND CONSIDER ACTION ON RESOLUTION R-H-E-D-C 20 26 0 0 4 TO APPROVE AN EXTENSION OF THE INCENTIVE PERIOD FOR PROJECT HU HOSPITALITY.
I WOULD LIKE TO MAKE A MOTION, UM, FOR, UH, TO RESOLUTION R-H-E-D-C DASH 2 0 2 6 DASH 0 0 4 TO DIRECT LEGAL TO, UH, ISSUE A NOTICE, UH, NOTICE OF DEFAULT AS DISCUSSED IN EXECUTIVE SECTION.
SECOND MOTION PRESENTED BY BOARD MEMBER MORRIS, SECONDED BY I THINK BOARD MEMBER PORTERFIELD.
CALL THE VOTE BOARD MEMBER SNYDER.
UH, BOARD MEMBER PORTERFIELD AYE.
[00:35:01]
AYE.UH, SO MOTION PASSES FIVE ZERO.
UH, MOVING ON TO ITEM SEVEN TWO, DISCUSS AND CONSIDER ACTION ON ACQUISITION OF REAL PROPERTY IN KEY COMMERCIAL DISTRICTS WITHIN THE CITY OF HUDU.
SOMEBODY GOT A MOTION FOR SEVEN TWO.
LET'S SEE THAT WE, UH, WE DIRECT STAFF TO PURSUE, UH, PROPERTIES AS DISCUSSED IN EXECUTIVE SESSION.
SECOND MOTION PRESENTED BY BOARD MEMBER SNYDER.
UH, I DID NOT HEAR WHO SECONDED IT.
UH, SECONDED BY, UH, BOARD MEMBER PORTERFIELD.
ANY DISCUSSION ON THIS MOTION? HEARING NONE.
DISCUSS AND CONSIDER ACTION REGARDING THE LIVE OAK EXTENSION PROJECT.
MOTION TO DIRECT STAFF TO DRAFT A LETTER OF SUPPORT, UM, AS DISCUSSED IN EXECUTIVE SESSION WITH THE ABILITY TO, FOR THE DIRECTOR TO SIGN.
SECOND MOTION PRESENTED BY, UM, VICE CHAIR MORALES.
SECONDED BY BOARD MEMBER PORTERFIELD.
UM, ANY DISCUSSION ON THIS MOTION? HEARING NONE CALL A VOTE BOARD MEMBER MORRIS AYE.
DISCUSS AND CONSIDER ACTION REGARDING THE REMOVAL OF THE HOUSE LOCATED ON HUDU ECONOMIC DEVELOPMENT OWNED PROPERTY AT 1 1 7 0 0 HIGHWAY 79 IN HU TEXAS.
MOTION TO APPROVE THE REMOVAL OF THE HOUSE LOCATED AT 1 1 7 0 0 HIGHWAY 79 WITH THE TERMS TO DISCUSS IN EXECUTIVE SESSION.
WHO SECONDED THAT? SORRY, GONZALEZ.
UM, MOTION PRESENTED BY BOARD MEMBER SNYDER.
SECONDED BY SECONDARY SECRETARY GONZALEZ.
MOTION PASSES FIVE ZERO ITEM SEVEN FIVE.
DISCUSS AND CONSIDER ACTION ON RESOLUTION R DASH HEDC DASH 2026 DASH 0 1 0 TO APPROVE A FIFTH AMENDMENT TO THE OPTION AND PURCHASE AGREEMENT FOR PROJECT SEQUEL.
MOTION TO APPROVE THE RESOLUTION.
R-H-E-D-C 2026 DASH 0 1 0 AS PRESENTED.
SECOND MOTION PRESENTED BY BOARD MEMBER SNYDER.
SECONDED BY BOARD MEMBER MORRIS.
CALL THE VOTE BOARD MEMBER MORRIS AYE.
MOTION PASSES FIVE ZERO AND SEVEN SIX.
CONSIDER CONSIDERATION AND POSSIBLE ACTION RELATED TO EXECUTIVE SESSION AGENDA ITEMS LISTED ABOVE.
HAVE ANYTHING ELSE? I DON'T THINK SO.
THAT WAS IT, WASN'T IT? NOTHING
YEAH, WE HAVE, UH, NO ACTIONS.
UM, MOVING ON TO FUTURE AGENDA ITEMS. NO FUTURE
[00:40:01]
AGENDA ITEMS FROM ANYONE.THIS HUDDLE, ECONOMIC DEVELOPMENT CORPOR CORPORATION MEETING WILL ADJOURN.