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[TIRZ Board No. 3 Meeting on July 23, 2026.]
OF THE S BOARD NUMBER THREE FOR JULY 23RD, 2026 AT 6:30 PM TO ORDER AT 6:35 PM GAVE IN.FIRST, UH, IS OUR FIRST OFF IS ROLL CALL.
UH, DAN THORNTON, UH, NOT HERE YET.
UH, NEXT IS ITEM 3.1, DISCUSSION AND POSSIBLE ACTION RELATING TO THE TAX INCREMENT REINVESTMENT ZONE OR THREE PROPOSED BUDGET FOR FY 2026.
SO THIS IS JUST REITERATING WHAT WE WENT OVER ON JULY 9TH.
SO THIS PRESENTATION HAS TWO BUDGETS.
IT INCLUDES THE TS THREE, WHICH IS FUND 96.
IT INCLUDES TS THREE, THE DATA CENTER BUSINESS, PERSONAL PROPERTY, WHICH IS, UM, FUND 38.
SO, UM, IN TS THREE FUND 96 IS THE FIRST ONE.
WE'LL TALK ABOUT THE VALUES IN 26.
UM, WERE 111 MILLION 5 84, 378.
THE ESTIMATED VALUES, UM, FOR THIS COMING YEAR IN 27 IS 254 MILLION 6 83 9 51, WHICH IS AN INCREASE OF A LITTLE OVER 143 MILLION.
UM, FROM THAT, UM, WE'VE ESTIMATED THE REVENUES FOR, UM, FROM THE ASSESSMENTS BASED ON THOSE VALUES TO BE 490,821, WE PROGRAMMED A BUDGETED INTEREST INCOME AT $409 FOR A TOTAL REVENUE, UH, 491,230 EXPENDITURES.
UM, WE HAVE A TRANSFER TO THE DEBT SERVICE FUND IN THE AMOUNT OF 246,250.
AND AGAIN, THAT IS THE PRINCIPAL PAYMENTS THAT'S RELATED TO THE DEBT ON THE, UH, CONSTRUCTION OF THE EAST WEST SPINE ROAD.
UH, THE OTHER ONE IS A TRANSFER TO THE UTILITY FUND FOR 225,000, AND THAT IS RELATED TO PRINCIPAL AND INTEREST PAYMENTS FOR THE DEBT.
UH, FOR THE MEGASITE WATER AND WASTEWATER PROJECTS, WE INCLUDED $2,500 FOR ADMINISTRATIVE EXPENSES, WHICH PUTS YOUR TOTAL EXPENDITURES AT 473,750, LEAVING YOU AN ENDING FUND BALANCE AS OF 9 30 27 AT 29,164.
LOOKING AT FUND 96 FOR A LONG RANGE.
UM, THIS IS JUST RELATED TO THE, UH, REIMBURSEMENT OF, OF DEBT FOR THE SERIES 23 GO.
UM, AGAIN, THAT WAS FOR THE DEBT ISSUANCE RELATED TO THE EAST WEST SPINE ROAD.
SO AGAIN, IN 27 WE HAVE THAT 246,250.
IT'LL STAY THAT AMOUNT THROUGH YEAR 2030.
IN YEAR 31 THROUGH 35, IT WILL RANGE FROM 390,000 ANNUALLY TO 475,000.
FROM 36 TO 2040, UM, IT'LL BE 500,000 TO 590,000.
FROM 2041 TO 2044, IT'LL RANGE FROM 615,000 TO 6 90, 45 TO 47, 700 20,000 TO 780,000.
AND THEN THE LAST YEAR OF THE DEBT PAYMENTS IS IN 2048 AT 815,000.
SO ONCE ALL THAT'S REIMBURSED, THOSE PRINCIPAL PAYMENTS WILL TOTAL 11,960,000.
AND THE REASON FOR DOING THIS IS TO HELP, UM, MAINTAIN OR KEEP OUR INS PORTION OF THE TAX RATE LOW.
DID YOU WANNA YEAH, I JUST WANTED TO MAKE A NOTE THAT, UH, DAN THORNTON JOINED US ON A ZOOM CALL AT SIX THIRTY EIGHT.
SO WHAT WE ADDED THIS YEAR WAS THE DEBT REIMBURSEMENT FOR, UH, THE ISSUANCE RELATED TO THE MEGASITE WATER AND WASTEWATER PROJECTS, WHICH WAS SERIES 22 COS AND 24 COS.
SO IN 27, WHAT WHICH WE ADDED, UM, IS THE 225,000, UM, FUTURE YEARS.
IT WILL DEPEND ON WHATEVER OUR PROPERTY VALUES TURN OUT TO BE INT THREE, BUT WE COULD SEE THAT THOSE COULD TOTAL, UM, TO ABOUT 1.3 MILLION
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TO LITTLE OVER 1.5.AND AGAIN, THAT THE REASON FOR THIS, UM, IS IT'S A TRANSFER IN TO HELP, UH, MAINTAIN OUR UTILITY RATES.
SO THAT, UH, CONCLUDES THAT ONE.
YOUR NEXT FUND IS, OH, ALBERT, CAN I JUMP IN REAL QUICK? MM-HMM.
I JUST WANTED TO TOUCH ON, UH, THE QUESTION THAT I HAD LAST TIME MM-HMM
UH, REGARDING THE INTEREST AND, UH, INTEREST IN SYNCING.
UH, BUT WAS OUR, I'M SORRY, EDC IS ON THE HOOK OR IF THE NUMBERS HOLD FROM JULY 9TH, 515,000 FOR AN INTEREST PAYMENT.
AND, UH, WHAT I WOULD LIKE TO SEE IS POSSIBLY SOME SORT OF COMMUNICATION FROM STAFF TO EDC SAYING, HEY, AS A REMINDER, 'CAUSE WE DON'T WANT YOU GUYS GETTING CAUGHT WITH YOUR PANTS DOWN.
YOU, YOU HAVE TO CUFF UP HALF A MILLION DOLLARS.
UM, AND THEY, THEY CLEARLY UNDERSTAND THAT EDC BOARD IS AWARE OF IT.
WE'VE PROGRAMMED IT IN THEIR BUDGET.
AND AGAIN, AS I SAID, UM, AT THE LAST MEETING, SO IT'S ABOUT 500,000 RIGHT NOW.
AND AS YOUR, UM, PRINCIPAL PAYMENTS START LOW AND GO HIGHER, THE INTEREST PAYMENTS HAVE THE REVERSE.
SO THEY'RE AT 500,000 RIGHT NOW, THEN THEY'RE GONNA DROP DOWN TO AROUND 300,000.
AND THEN THEY JUST KEEP DROPPING LOWER, THEN THEY'RE IN THE TWO HUNDREDS, THEN THE HUNDREDS, AND THEN IT'S LIKE THE LAST YEAR IT'S LIKE 35,000.
BUT, YOU KNOW, VERY VALID POINT.
UM, EDC IS AWARE OF IT, THE BOARD'S AWARE OF IT, WE'VE INCLUDED IT IN THE BUDGET, SO PERFECT.
I JUST DIDN'T WANT 'EM GETTING CAUGHT BY SURPRISE.
SO IT IS, UM, THE FUND THAT WE'VE CREATED TO RECORD THE DATA CENTER BUSINESS, PERSONAL PROPERTY, UM, VALUE.
SO IN 26, THE VALUE AND THE BUDGET WAS ZERO.
THIS YEAR THE ESTIMATED, UH, VALUE WAS ALMOST 11 MILLION.
AND THAT IS FOR COMPUTERS THAT THEY HAVE AS OF RIGHT NOW.
CAN YOU EXPLAIN, UM, DATA CENTER BUSINESS, PERSONAL PROPERTY, WHAT IS THAT? THAT'S GONNA BE LIKE THE COMPUTERS, YOUR SERVERS, UM, THEY'RE NOT, UH, THEY'RE NOT YOUR REAL, LIKE IT'S NOT A BUILDING.
IT'S NOT, UM, I ASSET EQUIPMENT, IT'S NOT INFRASTRUCTURE.
SO LIKE RUN THE BUSINESS, RIGHT? MM-HMM.
SO IT COULD INCLUDE THEIR DESKS IF THEY HAVE, IT COULD BE TABLES AND DESKS, IT COULD BE CHAIRS, SERVER, YOU KNOW, THINGS LIKE THAT.
OR IF THEY HAVE LIKE, YOU KNOW, A INDUSTRIAL KITCHEN IN THERE.
'CAUSE SOMEONE THAT WORKS THERE LIKE THE COOK, THEN THEY HAVE TO, YOU KNOW, HAVE THAT AS THEIR BUSINESS PROPERTY.
IT KIND OF COINCIDES WITH THE ON PERSONAL PROPERTY, LIKE REAL ESTATE, YOU HAVE THE LAND, RIGHT? BUT ANY IMPROVEMENT YOU PUT ON THE LAND, THAT'S WHERE THE VALUE COMES FROM.
SO WHETHER IT BE A KITCHEN TABLE OR A MILLION DOLLAR SERVER RACK, ALL THAT NOW BECOMES TAXABLE OR TAXABLE PROPERTY.
SO LOOKING AT KIND OF THEIR ORIGINAL, I GUESS PLAN, IT INCLUDED EQUIPMENT, UM, COMPUTERS, SERVERS, UM, CUSTOMER RACK AND GEAR.
I'M NOT EXACTLY SURE WHAT THAT IS, BUT I'M SURE IT'S RELATED TO SOME KIND OF COMPUTER
SO, UM, SO WITH THAT, UH, YOUR ESTIMATED REVENUES BASED ON THAT ALMOST 11 MILLION IS ABOUT 42,427.
SKYBOX AT THIS POINT HAS NOT ELECTED THEIR BUSINESS PERSONAL PROPERTY ABATEMENT.
SO, UM, WE ANTICIPATE THAT WILL HAPPEN AS THEY GET MORE OF THOSE ITEMS IN AND HAVE MORE BACK TO 'EM BEFORE THEY ACTUALLY MAKE THAT CLAIM.
THERE ARE NO ESTIMATED EXPENDITURES FOR FUND 38.
SO THAT, UH, KEEPS YOUR FUND BALANCE AS OF SEPTEMBER 30TH AT 27.
SO I, I THOUGHT THAT THE TURS WAS CREATED ONLY FOR THE, THE REAL PROPERTY AND NOT FOR THE BPP.
WE HAVE, UH, UH, CAN YOU SAY THAT AGAIN BECAUSE WE HAVE TWO, WE HAVE THE TURS THREE, THEN WE HAD THE SKY BOX.
NO, WELL THE SKY BOX IS AN ABATEMENT AGREEMENT.
BUT THE TURS I THOUGHT WAS CREATED ONLY
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TO HANDLE THE, THE 50% OF THE REAL PROPERTY.SO THEN FUND 38 IS AN UNDER THE TURS PURVIEW.
SO FUND 38 IS ACTUALLY A CITY FUND.
YOU'RE JUST EXPLAINING IT TO US.
IS THAT BASICALLY, BUT I THINK IT, I THOUGHT IT WAS CREATED WITH, UM, WITH THE SKY BOX AS A TOTAL.
I MEAN I, YEAH, I GUESS IT COULD BE JUST A CITY FUND.
I, I THOUGHT, I REALLY DIDN'T THINK ABOUT IT THAT WAY.
I THOUGHT WHEN WE CREATED THE TURS AT THE TIME MM-HMM.
THE CONSULTANTS WERE TELLING US THAT BPP WAS NOT EVEN ALLOWED TO BE IN A TUR.
I THINK, I DON'T KNOW IF THAT'S CHANGED IN THE LAW OR IF THEY WERE WRONG, BUT I THINK THAT'S WHERE WE STARTED FROM, WAS THAT THE BPP WAS SEPARATE AND WE WERE EVADING IT.
SO WE WEREN'T WORRIED, YOU KNOW, THEY WERE GONNA GET 50% AND THEN WE WERE JUST GONNA TAKE THE OTHER 50% DIRECT TO THE CITY AND THEN THE TURS WOULD TAKE 50% OF THE REAL PROPERTY.
THAT IS EXACTLY, THAT IS CORRECT.
UM, WE PROBABLY JUST NEED TO MAKE THAT AWARE THAT IT'S FUND 38 IS A CITY FUND AND NOT A TS FUND.
'CAUSE WE ARE RE WE ARE RECORDING IT AND BUDGETING IT EXACTLY WHAT YOU JUST SAID.
JUST TO CLARIFY, SO FUND 38 IS NOT ON HERE, RIGHT? 'CAUSE THIS IS FUND 96 AND THEN FUND 98 A SEPARATE.
IS THIS WHAT WE'RE TALKING ABOUT ON THE SLIDE FUND? 38 LONG RANGE BUDGET? UM, IT'S, IT'S HERE.
THE BOTTOM FUND 98, SO THE TOP IS 96 BECAME 30 ACRES.
LAST YEAR WHEN WE WERE CREATING, CREATING THE FUND, ANTICIPATING WE WOULD HAVE MONEY FROM BUSINESS PERSONAL PROPERTY, WE KIND OF SET ASIDE THAT NUMBER FOR IT AND THEN WE NEEDED THAT NUMBER FOR A DIFFERENT FUND DURING THE YEAR.
SO, UM, NOW WE ACTUALLY NEED IT.
SO THANK YOU COUNCILMAN THORNTON.
SO, UM, HERE THE MAIN USE OF WHAT THE BUSINESS PERSONAL PROPERTY FUND 38 IS GONNA BE USED FOR IN THE LONG RANGE IS ALL THOSE VALUES START COMING IN.
UM, WE'RE ANTICIPATING WE WOULD TAKE THOSE AND USE THOSE FOR CAPITAL IMPROVEMENT PROJECTS AND INSTEAD OF BORROWING MONEY TO COMPLETE THOSE PROJECTS, WE WILL USE THE FUNDING FROM THIS FUND.
AND JUST A LITTLE BIT MORE BACKGROUND BECAUSE THE, THESE REVENUES TO TECHNICALLY GO INTO THE GENERAL FUND, BUT OUR COUNCIL GAVE US DIRECTION THAT WE DON'T WANT THESE REVENUES GOING INTO THE GENERAL FUND BECAUSE THEY'RE SO VOLATILE IN THEIR VALUE THAT WE'LL JUST KEEP THEM IN A SEPARATE FUND SO WE'RE NOT USING THEM FOR OPERATING COSTS.
A HUNDRED PERCENT ON BOARD WITH THAT TOO.
AND I THINK WE DOCUMENTED THAT IN OUR, UM, BUDGET FISCAL POLICY THAT WE ADOPT EVERY YEAR.
BUT, SO THAT'S THE MAIN INTENT.
AS IT STARTS GROWING AND HAS MORE VALUE, UM, WE WILL USE THAT FOR CAPITAL IMPROVEMENT PROJECTS.
QUICK QUESTION ON THIS, THAT'S 6.1 MILLION TO 10 MILLION.
DO YOU HAVE A ESTIMATED TIME OR, I MEAN THAT'S GONNA RAMP, THAT'S NOT GONNA BE AN AVERAGE THING FOR HERE ON OUT, BUT DO YOU HAVE KIND OF A ESTIMATED SCHEDULE? NOT TO HOLD YOU ACCOUNTABLE TO, BUT JUST CURIOUS.
I THINK ACTUALLY IT'LL BE A COUPLE YEARS.
UM, YOU KNOW, WHEN WE LOOK AT, IT'S ALREADY KINDA STARTING A LITTLE BIT SLOWER THAN WHAT THEY ORIGINALLY THOUGHT IT WAS GONNA BE.
SO I THINK NEXT YEAR WE'LL HAVE ANOTHER SIGNIFICANT INCREASE.
UM, BUT IF I HAD TO SAY, I WOULD SAY LET'S LOOK AT LIKE TWO YEARS OUT.
AND THEN I THINK WE CAN START SEEING SOME BENEFITS TO CAPITAL IMPROVEMENT PROJECTS.
WHAT I UNDERSTAND THE SITE PLAN, UM, IS THAT THEY HAVE THREE BUILDINGS NOW MM-HMM
AND THEY WERE GONNA DO I THINK SIX, BUT THE THIRD BUILDING IS GONNA BE TWICE THE SIZE OF THE THREE BUILDINGS NOW.
SO IT'LL BE A HUGE THING, BUT YOU'RE RIGHT.
AND THAT'S WHY I HAD TO PUT THE SECOND ENCORE, UH, ENERGIES OF MM-HMM
ELECTRIC, ELECTRIC UTILITY SITE.
SO, YOU KNOW, I'M NOT EXPECTING THIS FOR TWO OR THREE YEARS.
AND DAN, YOU MAY HAVE A BETTER UNDERSTANDING WITH LONGER KNOWLEDGE HERE, BUT I, I'M THINKING THAT IN A, YOU KNOW, HAVING THE ONE TO 5 MILLION IS PROBABLY WITHIN A TWO YEAR, BUT THIS COULD JUST REALLY, REALLY RAMP UP WITH, I THINK IT COULD REALLY TAKE OFF, UM, WHEN THAT THIRD MM-HMM.
THE FOURTH BUILDING, WHICH IS HUGE.
SO, UM, KIND OF TO ANSWER YOUR QUESTION MM-HMM
ON THAT, UH, THE, THE PACKET WE RECEIVED ON ARE FOR THE NINTH
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MM-HMMIT DOES HAVE SOME ESTIMATES UNDER FUND 98.
SO THOSE ARE, UH, ROUGH ESTIMATES THAT ALBERTA'S GIVING US FOR THE 6.1 TO $10 MILLION.
AND THOSE ARE THE BUDGET YEARS OTHER THAN NEXT YEAR, WELL, TWO YEARS.
SIGNIFICANT INCREASE NEXT YEAR, BUT THAT WAS OFF THEIR ORIGINAL PLAN.
WHICH AGAIN, WE KNOW WE'RE ALREADY A LITTLE BIT BEHIND, BUT ONCE, YOU KNOW, NEXT YEAR WHEN WE GET OUR PRELIMINARY VALUES, WE'LL KNOW, OKAY.
THIS IS PROBABLY SKEWED AT A YEAR MINIMUM.
I, I THINK MAYBE TWO AT THE MOST.
I KNOW THAT GETTING THAT SECOND ENCORE FACILITY, 'CAUSE THEY, THEY BASICALLY SAID WE'RE NOT GONNA DO THREE, FOUR, AND FIVE OR FOUR, FIVE AND SIX, LET'S JUST DO BILLING FOUR AND IT'S GONNA HOUSE ALL OF THAT.
THAT ANSWER QUESTION PART, PART OF IT TOO IS WHEN IS WHEN THEY PUT THE EQUIPMENT IN, BECAUSE IT'S WHATEVER'S THERE ON JANUARY 1ST AND SO MM-HMM
I'M SURE THEY WEREN'T IN A BIG RUSH TO PUT A WHOLE BUNCH OF STUFF IN THERE LATE DECEMBER LAST YEAR AND THEN GET TAXED ON IT.
UM, SO THERE'LL BE A WHOLE LOT MORE IN BUILDING ONE JANUARY 1ST NEXT YEAR.
IS THAT MAGICAL DAY? THAT IS IT.
UM, ANY QUESTIONS, FURTHER DISCUSSION, ANYTHING YOU'D LIKE TO SEE DIFFERENT OR FOR NEXT YEAR? UM, KIND OF DOVETAILING OFF OF WHAT DAN WAS SAYING, MAYBE WE WANT TO STILL HAVE THE FUND 38 IN HERE SO WE CAN SEE WHAT'S COMING.
BUT AS HE SAID, WE DON'T ACTUALLY HAVE PURVIEW TO, YOU KNOW, GET IN THE WEEDS ON THE FUND 38.
SO I THINK IT MIGHT, IN THE FUTURE, IT MAY BE A GOOD IDEA TO INCLUDE IT SO WE CAN KIND OF SEE WHERE THIS TURS IS MAKING THE CITY MONEY.
BUT WE DON'T HAVE INFLUENCE OVER THAT.
I DON'T KNOW WHAT, WHAT DID ANYONE ELSE THINK ON THAT? THAT MAKES SENSE TO ME.
SO WE'LL INCLUDE IT IN FUTURE YEARS, BUT WE JUST WON'T REQUIRE A MOTION AND AN APPROVAL ON IT.
SO JUST CLARIFY CLARIFICATION QUESTION.
THAT IS, YOU KNOW, REINVESTED INTO THE, INTO THE BOUNDARIES.
BUT THE BPP IS NOT NECESSARILY, YOU KNOW, NOT NECESSARILY OR DOESN'T GET REINVESTED.
IT COULD BE USED FOR ANY CAPITAL IMPROVEMENT.
THE WAY THE FINANCING PLAN IS, UM, IF I REMEMBER CORRECTLY, UM, IT'S FOR ANY INFRASTRUCTURE CAN IT, IT CAN BE FOR STREETS, FOR WATER WASTEWATER AND IT DOES NOT.
UM, AND MAYBE DAN CAN CORRECT ME IF I'M WRONG, BUT, UM, MY UNDERSTANDING IT DOES NOT HAVE TO BE IN THAT AREA.
YOU KNOW, IT COULD BE ANYWHERE OUTSIDE THE BOUNDARIES YEAH.
ALL RIGHT, WELL I'LL MAKE A MOTION TO, UM, APPROVE THE TAX INCREMENT REINVESTMENT ZONE NUMBER THREE, PROPOSED BUDGET FOR FISCAL YEAR 20 26, 20 27, AND SUBMIT TO THE HU CITY COUNCIL FOR FINAL, FINAL APPROVAL.
HAD TO, HAD TO COME UP WITH THE RIGHT TITLE.
TITLE AND, UH, SECOND BY DIRECTOR FOR
UH, ANY DISCUSSION ON THE MOTION? HEARING NONE, I WILL CALL FOR VOTE.
ALL IN FAVOR? UH, SHOULD WE DO ROLL CALL VOTE ON THIS OR NO? LET'S JUST DO IT.
SAY ALL, ALL IN FAVOR SAY AYE.
IMPOSSIBLE ACTION ON AN AMEN ON AN AMENDMENT OF THE JUROR'S BYLAWS TO REDUCE THE QUORUM TO THREE BOARD MEMBERS BEING PRESENT.
SO, UM, ACTUALLY JIM HAS THE EXACT WORDING, BUT ON SECTION FIVE, UH, ON PAGE TWO WHERE IT TALKS ABOUT QUORUM, UH, DOTTIE WENT AHEAD AND REVISED OUR BYLAWS.
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THIS ONE? YEAH.UM, YOU WANT ME TO READ, I CAN READ CURRENT BYLAWS? NO, JUST THE EDIT.
AND THEN WHAT CHANGED? CURRENT BYLAW SECTION FIVE, QUORUM A MAJORITY OF FOUR.
AND I'LL JUST REITERATE THIS SENTENCE.
SECTION FIVE, QUORUM A MAJORITY OF THREE.
SO THAT'S WHAT CHANGED, BUT I'LL GO AHEAD AND READ THE ORIGINAL.
A MAJORITY OF FOUR FOR THE SEVEN DIRECTORS HOLDING CURRENT APPOINTMENTS SHALL CONSTITUTE A QUORUM FOR THE CONSIDERATION OF MATTERS PERTAINING TO THE FURTHER ZONE ACT.
THE MAJORITY OF THE DIRECTORS PRESENT ON MEETING, WHICH A QUORUM IS AN INTENDED SHALL CONSTITUTE THE ACT OF BOARD OF DIRECTORS, UNLESS THE ACT, UH, OF A GREATER NUMBER IS REQUIRED BY LAW.
AND THE ONLY THING I SEE IS DIFFERENT, BUT I'LL READ IT ALL, IS A, A MAJORITY OF THREE OF THE FIVE DIRECTORS WHOLLY CURRENT APPOINTMENTS SHALL CONSTITUTE THE QUORUM FOR THE CONSIDERATION OF MATTERS PERTAINING TO THE PURPOSE OF THE ZONE.
THE ACT MAJORITY OF THE DIRECTORS PRESENTED THE MEETING OF WHICH QUORUM IS INTENDED, SHALL CONSTITUTE THE ACT OF THE BOARD OF DIRECTORS.
UNLESS THE ACT OF THE GREATER NUMBERS WERE HEARD BY LAW.
FOUR OF THE SEVEN HAS CHANGED TO A MAJORITY OF THREE OF THE FIVE.
SO ARE WE REDUCING THE BOARD MEMBER, UM, NUMBER FROM SEVEN TO FIVE, ESSENTIALLY? YEAH.
AND THEN OBVIOUSLY RE UH, REDUCING THE CORE REQUIREMENTS.
SO THE, THE BACKGROUND ON THAT IS THAT IT WAS SET AT SEVEN THINKING THAT THE COUNTY MIGHT BE PARTICIPATING AND WOULD APPOINT TWO PEOPLE.
THE COUNTY HAS NOT SHOWN ANY INTEREST IN PARTICIPATING, SO WE DON'T NEED TO HOLD TWO COUNTY SPOTS AND THEN THAT CAUSES QUORUM ISSUES.
THAT'S, THAT'S EXACTLY WHAT I FOUND AS WELL.
YEAH, THAT'S WHAT, YEAH, THEY'RE THE TWO COUNTY POSITIONS.
I WOULD LIKE TO MAKE A MOTION.
CAN YOU FOLLOW THE, THE MOTION, I MOVE THAT THE AMENDED TURS BOARD NUMBER THREE, APPROVE AMENDMENT OF THE TURS.
I'LL ADD BYLAWS TO PRODUCE A QUORUM, PRODUCE A QUORUM TO THREE BOARD MEMBERS BEING PRESENT, AND TO SUBMIT THE AMENDED AND RESTATED BYLAWS TO THE FEDERAL CITY COUNCIL FOR FINAL APPROVAL.
I HAVE A MOTION BY DIRECTOR MORRIS AND A SECOND BY DIRECTOR LAR.
ANY DISCUSSION ON THE MOTION? UM, DO WE WANT TO, I KNOW DOTTIE WROTE THIS SCRIPT, BUT DO WE WANT TO INCLUDE THAT WE ARE REDUCING THE NUMBER OF PHYSICIANS FROM SEVEN TO FIVE? 'CAUSE THAT'S NOT STATED IN HERE.
WELL, IT'S CLEAR, I GUESS IN THE, THE AMENDMENT AND THEN IT'LL GO TO CITY COUNCIL AND THEY CAN, YOU KNOW, IT, IT'LL BE FINE.
AND, AND DOTTIE JUST TO, OH, DOTIE TOO? NO, UH, ALBERTA, I DID ADD IN THERE.
IT SAID I WOULD APPROVE AN AMENDMENT OF THE TURS BYLAWS.
SO LOVE IF YOU JUST, UM, WHY DON'T YOU GIVE IT AND THEN WE'LL, UM, SEND IT TO COUNCIL.
OKAY, SO, UH, ANY FURTHER DISCUSSION ON THE MOTION? HEARING NONE, I'LL CALL FOR VOTE.
UH, NEXT UP IS FUTURE AGENDA ITEMS. I THINK FROM OUR PERSPECTIVE, WE'RE DONE UNTIL ABOUT THIS TIME NEXT YEAR WHEN WE HAVE PRELIMINARY VALUES AND WE CAN WORK UP UPDATED INFORMATION.
SO TYPICAL SCHEDULE IS JUST ONCE A YEAR AFTER VALUATIONS.
WELL, LAST YEAR WAS MY FIRST YEAR.
SO, AND THAT, THAT'S, THAT'S ALL WE HAD JUST PAST YEAR, SO.
I MEAN, I THINK WE, I'M JUST SAYING THAT THE VALUATIONS YOU SAY ARE JANUARY 1ST.
THAT IS WHEN WHATEVER'S IN IN PLACE, THAT'S WHEN THE APPRAISAL DISTRICT ASSESSES THOSE VALUES.
UM, WE WON'T GET THOSE PRELIMINARY VALUES TILL, UM, THE APRIL COMES IN APRIL, OKAY.
AND THEN BY THE TIME WE WORK 'EM UP AND THEN WE JUST KINDA INCLUDED IT.
WE COULD MEET EARLIER IF YOU'D PREFER.
UH, I'M YOU SAYING THIS, UH, BUDGET SEASON, WE GOT A LOT OF MEETINGS.
THIS TIME TODAY WHEN WE START DOING ALL OUR BUDGETS, WE ARE LIKE, OKAY, WE HAVE TO HAVE IT BY THIS DATE.
SO WE HAVE TO HAVE IT BY THE END OF JULY.
I HAVE MORE FREE TIME THAN MOST PEOPLE, BUT IF WE WANT TO PULL IT IN WHEN THERE'S LESS MEETINGS FOR EVERYBODY, COUNCIL CAN START EM EARLIER.
I THINK COUNCIL HAS EIGHT MEETINGS IN NINE WEEKS STARTING THIS COMPANY.
JUST, IT'S NOT A REQUEST, IT'S JUST GOT THIS AGAIN, WE GOT THIS.
UM, ONE, ONE QUESTION I HAVE ON THE FUTURE AGENDA ITEM, POSSIBLY, UH, LOOKING AT THE BYLAWS, READING THROUGH THAT 15 PAGES, UH, SAW THAT WE'RE
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SUPPOSED TO HAVE AN ANNUAL ELECTION OF, OF OFFICERS.SO I DON'T THINK WE'VE DONE THAT IN THE LAST YEAR.
IT'S BEEN, I WANT TO SAY ABOUT A YEAR AND A HALF.
UH, CORRECT ME IF I'M WRONG THERE, DAN.
I, I THINK IT WAS JANUARY TIMEFRAME WHEN WE LAST SELECTED CHAIR.
I THINK YOU'RE, I THINK YOU'RE RIGHT.
AND YES, WE DO NEED TO MAKE THAT, MAKE SURE THAT'S ON THE AGENDA NEXT MEETING.
SO DO WE WANT TO SCHEDULE A MEETING, SAY FOR OCTOBER OR NOVEMBER TO DO THAT? I THINK IT COULD BE LUMPED IN TO THE NEXT ONE.
I DO BELIEVE THAT CHENEY AND THE T CONSULTANT ARE WORKING ON REVISING THE FINANCING PLANS.
SO IF THAT OCCURS INCORPORATE, WE CAN INCORPORATE THAT, THAT WE'LL ADD THAT TO.
SO JUST ADMINISTRATIVELY THAT WE COULD DO WHILE WE'RE DOING THAT.
DO, ARE THERE ANY OTHER LIKE USERS THAT ARE ON THE PROPERTY THAT YOU KNOW, WOULD BE SEEKING THE 50% LIKE NEW APPLICATIONS? BECAUSE DIDN'T THEY HAVE TO GO THROUGH THAT APPLICATION PROCESS AND OBVIOUSLY SKYBOX DID THAT, BUT ARE THERE ANY LIKE FUTURE OR PENDING UPCOMING USERS? I MEAN OBVIOUSLY Y'ALL WOULD HAVE TO BRING THAT TO THE BOARD.
I'M NOT AWARE OF ANY, SO I MEAN I GUESS THAT WOULD BE OUR NEXT LIKE MEETING WOULD BE CONSIDERED THAT.
BUT YEAH, I GUESS IF THERE'S NO ACTION, THERE'S NO ACTION, SO.
ALRIGHT, WELL IF THERE IS NOTHING ELSE FOR FUTURE AGENDA ITEMS, WE CAN MOVE TO THE BEST PART.
SO WE WILL ADJOURN AT 7:01 PM SORRY, I.