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UH, WE'LL[1. Call to Order]
CALL THE MEETING OF THE RE DEVELOPMENT CORPORATION TO ORDER AT 6:03 PM UH, WE DO HAVE A QUORUM FOR THE RECORD.ITEM NUMBER TWO ARE PUBLIC COMMENTS.
SO, CITIZENS WHO DESIRE TO ADDRESS THE CORPORATION MAKING EITHER GENERAL COMMENTS AND MATTERS NOT ON THE AGENDA OR REGARDING MATTERS ON THE AGENDA WILL BE RECEIVED AT THIS TIME.
CITIZENS DESIRING TO MAKE COMMENTS MUST REGISTER WITH THE CORPORATION PRIOR TO THE MEETING BEING CALLED AT ORDER.
EACH SPEAKER IS LIMITED TO THREE MINUTES.
DO WE HAVE A TIMER? HAVE WE EVER HAD SOMEONE SPEAK? NOPE.
DISCUSSION BY DIRECTORS REGARDING THE MATTERS ON THE AGENDA WILL ONLY BE MADE AT THE TIME THE SUBJECT IS SCHEDULED FOR CONSIDERATION.
SO WE'RE NOT ALLOWED TO TALK BACK AND FORTH WITH THE THOSE PROVIDING PUBLIC COMMENTS.
UH, WE HAVE, UH, JOHN DOWDALL, WOULD YOU LIKE TO SPEAK? YES, BUT I'M GONNA WAIT TILL THE, UH, HEARING SO I'M NOT LIMITED TO THREE MINUTES.
AND, UH, SLAND, WOULD YOU LIKE TO SPEAK NOW? NO, THANK YOU.
EVERYONE ELSE SIGNED UP? THAT ONE OR TWO GOING ONCE, GOING TWICE.
MR. DOALL, IF I FORGET YOU WHEN WE GET TO THAT ITEM, UH, I'M DON'T THINK I WILL, BUT MAKE SURE YOU FLAG ME DOWN.
[3. Public Hearing on a general type of projects being proposed by the Corporation for Fiscal Year 2023-2024 being land, buildings, equipment, facilities, expenditures, targeted infrastructure, and improvements found by the Board of Directors to promote new or expanded business development; specifically: East Side Drainage ($625,000); Texas Heritage Parkway ILA ($88,667); Community Events ($50,000); Fulshear Fast Track Entrepreneurship and Business Hub ($105,000). ]
IS A PUBLIC HEARING.UH, SO PUBLIC HEARING ON A GENERAL TYPE OF PROJECTS BEING PROPOSED BY THE CORPORATION FOR FISCAL FISCAL YEAR 2023.
2024 BEING LAND BUILDINGS, EQUIPMENT, FACILITIES, EXPENDITURES, TARGETED INFRASTRUCTURE AND IMPROVEMENTS FOUND BY THE BOARD OF DIRECTORS TO PROMOTE NEW OR EXPANDED BUSINESS DEVELOPMENT, SPECIFICALLY THE EAST SIDE DRAINAGE $625,000.
THE TEXAS HERITAGE PARKWAY, ILA $88,667.
THE FULL SURE FAST TRACK ENTREPRENEURSHIP AND BUSINESS HUB $105,000.
SO THESE, THIS IS A PUBLIC HEARING ON OUR PROJECTS.
WE'LL OPEN THE PUBLIC HEARING AT 6:05 PM AND IF YOU WOULD LIKE TO SPEAK, PLEASE COME UP TO THE PODIUM ON THIS AGENDA ITEM.
I BELIEVE THAT IS FOR FISCAL YEAR 2024.
IF WE COULD MAKE THAT NOTATION FOR THE RECORD.
BEEN ON IT FOR GOING ON EIGHT YEARS NOW.
UH, I'M HERE TO TALK ABOUT THE FULL SURE FAST TRACK ENTREPRENEURSHIP AND BUSINESS HUB THAT Y'ALL ARE LOOKING TO GIVE $105,000 AS WELL AS EDCA.
SO YOU'RE LOOKING TO GIVE THEM $210,000 TO DO WHAT THEY'RE GOING TO DO.
MY FIRST QUESTION IS, WHAT TYPE OF RETURN ON THE INVESTMENT AM I GONNA GET AS A TAXPAYER? HAVE Y'ALL THOUGHT OF THAT? HOW ARE YOU GONNA MAKE MY $210,000 COME BACK TO THE CITY TO HELP ME OUT AND DO THE ROADS, THE POTHOLES, WHATEVER NEEDS TO BE DONE? HAVE Y'ALL THOUGHT ABOUT THAT AT ALL? RETURN ON INVESTMENT, I DON'T KNOW HOW YOU'RE GONNA GET IT.
YOU COULD ACTUALLY USE THIS $210,000, USE THEIR MONEY FOR INCENTIVES FOR BUSINESSES TO COME IN.
NOW WHAT I UNDERSTAND, THEY HAVE THIS CANNON, OR MR, I PRONOUNCE HIS NAME WRONG, I'M SURE, BUT, UH, Y'ALL KINGTON, IS THAT IT? TONTON, UH, I UNDERSTAND THAT HE COMES AND SHOWS UP TWICE A WEEK, YOU KNOW, AND HIM AND CANON ARE GETTING $210,000.
HE PUTS ON A LUNCHEON, AND THEN HE SHOWS UP ONE OTHER DAY.
AND WHEN YOU HAVE THE ENTREPRENEUR THAT COMES IN AND WANTS TO ASK THE QUESTIONS, OKAY.
AND GET THE ANSWERS, HE STARTS HIS BUSINESS.
WHAT'S THE GUARANTEE THAT WE'RE PUTTING UP ALL THIS MONEY AND THAT GUY OR GIRL IS GONNA STAY HERE AND HAVE HIS BUSINESS HERE.
IS THERE ANY GUARANTEES FOR THAT? ABSOLUTELY NONE.
THE BUSINESS HUB, I KNOW THAT CANNON HAS, UM, DIFFERENT BUILDINGS, KINDA LIKE A REGENCY THAT YOU CAN RENT, OFFICE SPACE, USAGE SPACE, THINGS LIKE THAT.
BUT IT, I LISTENED TO, UH, ONE OF THE, UH, UM, MEETINGS AND IT SAYS, UH,
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I WOULD SAY MATT, RIGHT? HIS NAME'S MATT.UH, IT SEEMS LIKE THE, UH, BUSINESSES IS GONNA BE, THE CONNECTION IS GOING TO BE MAINLY THE HUB WILL BE A VIRTUAL CONNECTION, NOT ACTUALLY BRICK AND MORTAR PLACE.
VIRTUAL, ALL RIGHT? UH, ALL THE OTHERS, I BELIEVE, LIKE IN DOWNTOWN, TOWARDS DOWNTOWN AND, UH, MEMORIAL AREA, THEY HAVE A BRICK AND MORTAR CANNON DOES.
UM, THE SMALL BUSINESSES THAT MAY COME IN HERE, THE ONES THAT WE DO HAVE, OKAY? THEY ALREADY HAVE SOURCES THAT THEY CAN ACTUALLY USE TO ASK QUESTIONS.
THEY HAVE A SMALL BUSINESS CORPORATION, THEY CAN CALL THEM UP ANYTIME IF THEY HAVE QUESTIONS ABOUT WHAT THEY NEED TO DO WITH THEIR BUSINESS, THEY'LL TELL 'EM IF THEY HAVE QUESTIONS ABOUT CONTRACTS, LIABILITY, WHATEVER IT MAY BE, THE, WE ALREADY HAVE THAT IN PLACE, OKAY? BY THE STATE OF TEXAS.
ALRIGHT? SMALL BUSINESSES, THEY'LL ANSWER ALL THE QUESTIONS.
SO I DON'T SEE WHY WE'RE OUTSOURCING $210,000 TO SOME CANON AND MATT TO COME IN AND DO THE THINGS THAT ARE ALREADY IN PLACE.
UM, WHAT, WHAT I HEARD WAS HE'S GONNA GO TALK TO THE BUSINESSES AROUND TOWN, TRY TO GET ENTREPRENEURS AND GET THE ONES THAT HAVE BEEN HERE, TRY TO DEVELOP RELATIONSHIPS AND ALL THAT STUFF.
DON'T WE HAVE A CHAMBER OF COMMERCE? WE HAVE OVER 500 COMPANIES, BUSINESSES IN THE CHAMBER OF COMMERCE.
SO IT SOUNDS TO ME ALL WE'RE DOING, ALL CANON IS DOING IS REINVENTING THE WHEEL THAT WE ALREADY HAVE.
WE HAVE 500 BUSINESSES ALREADY.
IF AN ENTREPRENEUR WANTS TO COME IN AND ASK QUESTIONS, I'M SURE HE CAN FIND ONE PERSON OF THE 500 BUSINESSES TO ASK THE QUESTION AND NOT HAVE TO GO THROUGH MATT OR CANNON OR ANY OF THEM FOR 210,000.
UM, AND AS FAR AS, LIKE I SAID, THE SMALL BUSINESSES, THEY CAN DO THE CONTRACTS, QUESTIONS, WHATEVER.
WE DO HAVE AN EDC DEPARTMENT RIGHT HERE.
ALRIGHT? UH, I DON'T UNDERSTAND HOW OUR A DC DEPARTMENT CAN'T ACTUALLY DO THE WORK THEMSELVES.
THEY CAN GET THE BUSINESSES FROM THE CHAMBER OF COMMERCE AND THEY CAN CONTACT THE BUSINESSES, SAY, HEY, WHAT ARE Y'ALL LOOKING FOR? WHAT CAN THE CITY DO FOR YOU? INSTEAD OF SAYING, OUTSOURCING IT TO SOMEBODY ELSE, A STRANGER THAT COMES IN AND TRIES TO BE A FULCHER RESIDENT.
I KNOW HE IS NOT TRYING TO BE A FULL RESIDENT, BUT REPRESENT FULCHER WHEN WE HAVE THINGS IN PLACE ALREADY, EDC DEPARTMENT TO DO THESE THINGS.
AND THAT'S EXACTLY WHAT Y'ALL ARE TRYING TO DO TO HIRE CANON AND MATT TO DO THE EXACT SAME THING THAT IS ALREADY IN PLACE WITH THE CHAMBER.
SO TO ME, IT'S A WASTE OF MONEY.
AND LORD KNOWS THIS CITY, I'VE BEEN HERE A LONG TIME, LORD KNOWS WE'VE WASTED MONEY ON STUDIES AND STUFF.
SO, YOU KNOW, I, I'D LIKE YOU GUYS TO CONVINCE ME HOW THIS IS BENEFICIAL SINCE WE ALREADY HAVE SOMETHING IN PLACE THAT DOES EXACTLY WHAT THIS PERSON IS TRYING TO DO.
I WENT TO THIS WEBSITE, I LOOKED AT IT, THEY'RE DOING EXACTLY WHAT WE ALREADY HAVE IN PLACE.
SO WHY ARE WE WASTING MONEY? WHY DON'T WE USE THAT MONEY FOR SOMETHING THAT WE NEED IN, FOR SURE.
IF WE HAVE AN ENTREPRENEUR COME IN, I CAN GUARANTEE YOU, IF I'M AN ENTREPRENEUR, OKAY, AND I'M YOUNG 20, WHATEVER, AND I WANNA CREATE MY BUSINESS, ALL RIGHT, MORE THAN LIKELY, I'M ALREADY GONNA HAVE MY ANSWERS.
I'M GONNA HAVE MY CONTRACT, I'M GONNA HAVE USAGE FEES, I'M GONNA HAVE ALL THOSE THINGS.
ALL RIGHT? AND SPEAKING OF USAGE FEES, THEY'RE, THEY'RE JUST, THEY'RE SO FAR OUTTA LINE WITH THE STATE ATTACK, TEXAS.
OUR USAGE FEES, THEY, THEY WERE QUINTUPLED.
OKAY? SO WHY WOULDN'T WE COME TO A BUSINESS AND OF THAT $210,000 INSTEAD OF WASTING IT ON SOMEBODY TO COME SHOW US HOW WE HAVE BUSINESSES, WHICH WE ALREADY KNOW WITH THE CHAMBER.
WHY WOULD WE, UH, WHY WOULDN'T WE JUST USE THAT MONEY TO USE IT FOR INCENTIVES FOR OTHER COMPANIES TO COME IN, PUT THE $210,000 SOMEWHERE, DRAW INTEREST FROM IT, MAKE MONEY, AND USE IT AS INCENTIVES FOR OTHER COMPANIES TO COME IN INSTEAD OF PAYING, YOU KNOW, THE VALVE OR WATER, $25,000 FOR A VALVE FOR WATER USAGE.
SO AGAIN, UM, YOU KNOW, THE EDC DEPARTMENT, THEY COULD CONTACT THE MAYOR, RIGHT?
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WE ALL KNOW MAYOR MCCOY.HE'S IN CHARGE OF, UH, THE CHAMBER.
AND I'M SURE HE'D BE MORE THAN HAPPY TO ASSIST IN ANY WAY HE CAN TO GET HIS BUSINESSES AND THE CITY, THE CITY, NOT SOME OUTSOURCE PERSON THAT DOESN'T KNOW THE VIBE OF OUR CITY, DOESN'T KNOW OUR PROBLEMS. WE DON'T NEED THAT.
YOU KNOW, AND MY OTHER THING, WHICH IS KIND OF, I KNOW IT WON'T HAPPEN, BUT I WOULD SAY IF YOU'RE GONNA SEND $210,000 TO SOMEBODY THAT IS GOING TO DUPLICATE THE EXACT SAME THING WE ALREADY HAVE IN PLACE, THEN WHY DON'T YOU, WE HAVE, WHAT, 35,000 RESIDENTS? WHY DON'T YOU JUST GIVE US ABOUT $6,000 A HOUSEHOLD INSTEAD OF SENDING IT $210,000 TO SOMEWHERE THAT WE DON'T NEED IT GIVEN TO SOMEBODY ELSE WHEN WE ALREADY HAVE EVERYTHING IN PLACE.
I JUST THINK IT'S A WASTE OF TIME AND A WASTE OF MONEY.
THANK YOU, MR. DOALL, THANK YOU FOR YOUR, UH, ORGANIZING YOUR THOUGHTS AND PRESENTING THOSE TO US.
I'M SURE THAT THE BOARD WILL TAKE THOSE UNDER CONSIDERATION.
SO ANYONE ELSE WHO WOULD LIKE TO SPEAK ON THE PUBLIC HEARING? YES.
HI, MY NAME IS, HI, MY NAME IS KAY COLLICK.
I LIVE AT 27 7 0 2 ROCKY CREEK COURT.
UM, I HAVE A SLIGHTLY DIFFERENT VIEW FROM MR. DOW ALSO.
I JUST WANTED TO SHARE A LITTLE BIT OF THAT ALSO.
UH, THE CHAMBER OF COMMERCE PRIMARILY WORKS WITH BUSINESSES THAT ALREADY EXIST, WHEREAS THIS SHORE FAST TRACK IS TO HELP WITH STARTUPS AND ENTREPRENEURS.
THE MORE SUCCESSFUL THEY ARE, THE MORE MEMBERS MAYBE WE CAN CREATE FOR THE CHAMBER OF COMMERCE.
AND, UM, CURRENTLY, MANY, NOT ALL, BUT A LOT OF THE CHAMBERS BUSINESSES ARE NOT LOCATED IN SHORE.
THEY'RE LOCATED IN HOUSTON, ETJ, CINCO RANCH, WHEREVER THEY, YOU KNOW, WHICH IS GOOD.
THEY'VE HAD TREMENDOUS GROWTH.
THEY'VE DONE A FANTASTIC JOB OVER THEIR FIRST 10 YEARS.
BUT, UH, I LOOK AT SHORE FAST TRACK AS SOMETHING THAT CAN HELP WITH ORGANIC GROWTH.
NOT TO SAY THAT WE CAN'T ALSO PARTICIPATE IN THE ARENA OF ATTRACTING EXISTING BUSINESSES.
I MEAN, THE EDCS, I THINK CAN DO BOTH.
I DON'T THINK THEY NEED TO CHOOSE ONE VERSUS THE OTHER.
I'D LIKE TO SEE 'EM PLAYING IN BOTH ARENAS, TO TELL YOU THE TRUTH.
UH, AND I THINK WITH FULL SURE FAST TRACK, MAYBE I'LL CALL IT SOMETHING LIKE EXTREME HANDHOLDING, UM, BECAUSE THE CHAMBER DOES HAVE 500 MEMBERS, UM, THEY HAVE WONDERFUL MONTHLY MEETINGS.
THEY GIVE OUT GREAT INFORMATION.
THEY HAVE A NUMBER OF EVENTS, UH, EACH MONTH THAT ARE HELPFUL TO THEIR MEMBERS.
A LOT OF THOSE ARE NETWORKING EVENTS.
SHORE FAST TRACK IS MORE IN THE GENRE, I'LL SAY, OF EXTREME HANDHOLDING.
WHAT IS IT THAT YOU NEED SPECIFIC TO YOUR BUSINESS? AND HOW CAN WE HELP YOUR BUSINESS BE SUCCESSFUL? AND WHAT ARE YOUR SPECIFIC PROBLEMS? AND WILL HELP YOU GET OVER THOSE AND GET LAUNCHED MORE QUICKLY.
UM, SO I JUST WANTED TO PRESENT ANOTHER VIEW, UH, BECAUSE I DON'T NECESSARILY THINK THAT THE CHAMBER EXACTLY DUPLICATES WHAT SHORE FAST TRACK DOES.
AND SO I THINK THERE'S ROOM FOR BOTH.
THANK YOU FOR YOUR, UH, VIEWPOINT AND PERSPECTIVE.
I WAS NOT INTENDING TO SPEAK TONIGHT, BUT HAD YOU HEARD STATE YOUR OKAY, PERFECT.
CAN Y'ALL HEAR ME NOW? I THINK MY VOICE KIND OF CARRIES, ANYWAY.
YOU CAN HEAR ME
OH, TIANA LAN LIVE IN FOS LAKES, ETJ.
UH, AND I'M REALLY PROUD TO SERVE ON THE ET ON THE E WELL, THE EX OFFICIO MEMBERS OF THE PLANNING AND ZONING, SO THAT'S REALLY GREAT.
BUT, UH, WHAT I WANNA TALK ABOUT TONIGHT IS REVIEWING UNDER THE PUBLIC COMMENTS.
I MEAN, THIS IS THE FIRST TIME I SEE THESE NUMBERS, SO I'M GLAD THAT WE ARE STEPPING UP ON EAST SIDE DRAINAGE.
THAT'S GONNA BRING A LOT OF COMMERCIAL BUSINESS.
IT'S GONNA HELP THE DEVELOPERS THAT OWN LAND IN THAT AREA, AND IT'S HOPEFULLY GONNA HELP EXPAND SOME OF OUR CURRENT HOLDINGS OF WHAT A CITY CAN OFFER.
I KNOW THAT ONE OF MY PROJECTS IS DONATING LAND FOR THE WEST SIDE DRAINAGE, WHICH IS OBVIOUSLY THEN SAVING THE CITY MONEY, WHICH IS WONDERFUL.
UH, TEXAS HERITAGE PARKWAY, THAT'S REALLY GOOD.
I JUST WISH THERE WEREN'T TOO MANY APARTMENTS LIKE THERE ARE ON EACH
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SIDE.AND I REALLY WISH THAT THE TEXAS HERITAGE PARKWAY WAS A MAGNET FOR COMMERCIAL DEVELOPMENT RATHER THAN MULTIFAMILY, BUT IT IS WHAT IT IS.
HOPEFULLY IN THE FUTURE IT WILL BE, UH, COMMUNITY EVENTS.
UH, I WANNA SPEAK UP FOR THE CHAMBER AS WELL.
I'M A MEMBER OF THE F CHAMBER, HAVE BEEN FOR A NUMBER OF YEARS.
THEY HAVE BEEN DOING A REALLY GOOD JOB WITH THE COMMUNITY EVENTS AND THEY'RE ROOTED RIGHT THERE.
DOWNTOWN F HAVE BEEN SINCE THEY FIRST STARTED A LONG TIME.
SO WHEN WE ARE GIVING COMMUNITY EVENTS, $50,000, I'M ASSUMING THE OTHER EDC IS ALSO CONTRIBUTING THE SAME.
SO THAT'S ABOUT A HUNDRED THOUSAND DOLLARS TO PUT AN EVENT FOR A HUNDRED THOUSAND DOLLARS.
IT'S REALLY HARD IF YOU DON'T KNOW WHAT YOU'RE DOING.
AND THEY ARE WELL OILED MACHINED MACHINE.
THIS YEAR THEY DID A, THE, UH, JULY THE FOURTH EVENT, BUT THEY DIDN'T DO IT IN
SO I'M AFRAID IF WE DON'T HARNESS THE STRENGTH OF OUR CURRENT CHAMBER AND WHAT THEY'RE CAPABLE OF DOING AND HELP SUPPORT THEM, WE'RE GONNA LOSE SOME OF THAT, UH, FULL SHARE FAST TRACK.
I'VE BEEN REALLY GLAD TO BE A PART OF IT.
AND SO I'M WATCHING WHAT THEY'RE DOING.
BUT AGAIN, WHEN I SEE THESE NUMBERS AND WHEN I HEARD MR. DOLL MENTION 210,000, I MEAN, I LOOKED UP HOW MUCH OUR CITY OFFICIALS HAVE PAID.
$210,000 IS A LOT OF MONEY FOR HANDHOLDING.
I THINK, UH, I JUST AS A COMMERCIAL BROKER, I GO TO A LOT OF EVENTS ALL THE TIME.
SMALL BUSINESS DEVELOPMENT CENTER, SBDC IS A, IS A FREE RESOURCE FOR EVERYBODY.
AND THEY'RE, I CONNECTED ANELLE WITH THEM.
UH, THEY CAN COME AND DO PRESENTATIONS AND ACTUALLY EDUCATE AND DO BUSINESS PLANS AND DO A LOT OF STUFF THAT, UH, THE SMALL ENTREPRENEURS WOULD WANNA LEARN HOW TO DO.
SO WE CAN OFFER THAT FREE OF CHARGE.
UH, NOT TO SAY WE DON'T NEED FULL FAST TRACK, BUT, BUT AT THE SAME TOKEN, LET'S SEE HOW WE SPEND OUR MONEY WISELY.
AND YOU GUYS HAVE BEEN DOING A GREAT JOB FOR A LONG TIME.
UH, I DO LIKE TO COME AND SPEAK IN THESE BECAUSE I REALLY WANNA SEE THE CITY DEVELOP IN THE RIGHT DIRECTION.
SO, UH, I'LL BE COMING IN FRONT OF YOU FOR OTHER INCENTIVES, WHICH ARE GONNA BE HELPING OFFSET HOPEFULLY, THE IMPACT FEES FOR BRICK AND MORTAR BUILDINGS THAT ARE, UM, SALES TAX GENERATING BUSINESSES, MAYBE A SPORTS COMPLEX THAT I'VE BEEN, UH, CHECKING OUT.
SO, I MEAN, I'M JUST HOPING THAT YOU GUYS, YOU KNOW, REVIEW THESE AND THINK ABOUT THESE WELL, AS YOU PROCEED IN EXPENDING THE MONEY.
ANYONE ELSE WOULD LIKE TO SPEAK ON THE PUBLIC HEARING? I'D LIKE TO THANK EVERYONE FOR THE INPUT THEY PROVIDED THIS EVENING.
UH, WE WILL CLOSE THE PUBLIC HEARING AT 6:21 PM ITEM NUMBER FOUR
[4. Presentation by Retail Strategies. ]
IS PRESENTATION BY RETAIL STRATEGIES.ANELLE, DID YOU WANNA MAKE THE INTRODUCTION? UH, YES SIR.
UH, GOOD EVENING BOARD I'D, UH, LIKE TO INTRODUCE YOU TO LACEY BEASLEY, PRESIDENT OF, UM, RETAIL STRATEGIES.
AND SHE'S HERE TONIGHT TO SHARE WITH YOU, UM, IN MORE DETAIL THE, THE SERVICES THAT THEY OFFER.
UM, THIS WILL BE ONE OF THE COMPANIES THAT WE WILL CONSIDER.
WE ARE NOT ASKING YOU TONIGHT TO MAKE A DECISION.
UM, BUT JUST TO GO AHEAD AND ASK ALL OF THE, THE SPECIFIC QUESTIONS YOU MIGHT HAVE.
UH, AND OF COURSE, IF YOU THINK OF SOMETHING LATER, WE CAN ALWAYS FOLLOW UP WITH LACEY.
BUT, UM, IF YOU'LL GO AHEAD AND COME UP.
I WILL ALSO NOTE YOUR PRESENTATION SLIDES ARE OUT OF ORDER, SO I WOULD RECOMMEND LOOKING AT THE, UH, THE MONITORS.
OH, SO QUESTIONS DON'T COME FIRST.
TONIGHT WE'RE GONNA TALK ABOUT A POTENTIAL PARTNERSHIP BETWEEN THE FULL SHARE DEVELOPMENT CORPORATION AND RETAIL STRATEGIES.
SO FIRST, LET'S START WITH WHO RETAIL STRATEGIES IS AS A COMPANY.
UM, OVER THE PAST DECADE, WE'VE WORKED WITH AROUND 800 COMMUNITIES, SPECIFICALLY ON NATIONAL RETAIL RECRUITMENT.
WE HAVE VERY IN-DEPTH PARTNERSHIPS THAT ARE NATIONWIDE, INCLUDING ICSE, UH, STOOD FOR INTERNATIONAL COUNCIL OF SHOPPING CENTERS.
THEY'VE REBRANDED, BUT IT HAS ABOUT 50,000 MEMBERS, THE LARGEST ORGANIZATION IN THE RETAIL REAL ESTATE INDUSTRY.
I'M ACTUALLY IN THE BOARD OF TRUSTEES WITH ICSE THERE TO REPRESENT THE PUBLIC SECTOR.
SO WE HAVE VERY IN-DEPTH RELATIONSHIPS AT THAT ORGANIZATION.
AND THEN YOU SEE HERE, UM, NLC, NATIONAL LEAGUE OF CITIES, THEY'VE ACTUALLY HIRED RETAIL STRATEGIES TO DO THEIR COURSE CALLED RETAIL AS A CATALYST FOR ECONOMIC DEVELOPMENT.
SO WE DO TRAINING FOR MUNICIPALITIES ACROSS THE COUNTRY FOR NLC.
SO THIS IS JUST A HIGH LEVEL OVERVIEW OF WHO WE ARE AS A COMPANY.
WE'RE HEADQUARTERED IN BIRMINGHAM, ALABAMA, BUT WE HAVE A FORT WORTH OFFICE THAT WORKS WITH ALL OF OUR TEXAS COMMUNITIES.
SO IN TEXAS, WE ARE CURRENTLY ENGAGED WITH AROUND 21 COMMUNITIES, WHICH
[00:20:01]
WE'VE HAD A GREAT DEAL OF SUCCESS IN BRINGING NATIONAL RETAILERS AND RESTAURANTS TO THOSE COMMUNITIES.AND FOR EACH COMMUNITY WE WORK WITH, WE CATER AND CUSTOMIZE A RETAIL RECRUITMENT PLAN FOR THEM.
YOU CAN SEE THAT WE HAVE A DEPTH OF RELATIONSHIPS HERE IN TEXAS, INCLUDING, UM, I OFTEN PRESENT AT TEDC.
JUST RECENTLY DID ONE OF THEIR WEBINARS ABOUT BEST PRACTICES, UM, UTSA.
WE'VE WORKED WITH THEM FOR ABOUT FOUR YEARS IN A ROW.
THEY'VE APPLIED FOR A-U-S-D-A GRANT WHERE WE'VE BEEN ABLE TO TRAIN SEVERAL, UH, WEST TEXAS COMMUNITIES ON THE PROGRAMS THEY'VE PUT TOGETHER.
WE'VE PRESENTED AT TML AND WE'RE ALSO A PARTNER OF HIGH GROUND AND HAVE PRESENTED WITH THEM.
SO THROUGH THAT, WE'VE HAD A GREAT DEAL OF SUCCESS IN OUR PARTNERSHIPS.
SO, AS RE IS LOOKING TO ENHANCE YOUR COMMERCIAL DEVELOPMENTS WITH A FOCUS IN RETAIL AND RESTAURANT, WHAT OUR MODEL DOES IS SERVE AS AN EXTENSION OF YOUR DEVELOPMENT CORPORATION STAFF JUST SOLELY TO FOCUS ON THIS INITIATIVE.
WE BRANCHED OUT OF A FULL SERVICE COMMERCIAL REAL ESTATE FIRM, WHICH MAKES US VERY UNIQUE AS A COMPANY.
SO ABOUT 20 YEARS AGO, RETAIL SPECIALIST WAS FORMED.
RETAIL SPECIALIST IS A TENANT REPRESENTATION, LANDLORD REPRESENTATION, PROPERTY MANAGEMENT AND DEVELOPMENT FIRM.
SO SOME OF THE BRANDS RETAIL SPECIALIST REPRESENTS IS TARGET, BJ'S, WHOLESALE, HOLLYWOOD FEED.
UM, WE LEASE ABOUT 3.5 MILLION SQUARE FEET AND MANAGE ABOUT 2 MILLION SQUARE FEET FOR PUBLIX ANCHORED SHOPPING CENTERS AND FROM RETAIL SPECIALISTS.
THEN RETAIL STRATEGIES STARTED.
RETAIL STRATEGIES IS THE DIVISION THAT WORKS DIRECTLY WITH MUNICIPALITIES, AND I SHARE THAT TO SHARE THAT.
WE AS A TEAM HAVE 40, I MEAN, 72 TEAM MEMBERS THAT WORK TOGETHER.
SO AS RETAIL STRATEGIES IS SERVING THE MUNICIPAL CLIENTS, THEN WE CAN REALLY LEAN INTO THE DEPTH OF RELATIONSHIPS WE HAVE FROM THE PRACTITIONERS AND THE DEAL MAKERS ON THE RETAIL SPECIALIST SIDE.
SO AS FULL SURE IS REALLY WANTING TO DEVELOP YOUR RETAIL RELATIONSHIPS IN THAT RETAIL RECRUITMENT.
UM, ONE OF THE CHALLENGES THAT CAN COME INTO PLAY SOMETIMES IS KNOWING WHO TO CALL AND HAVING THE TIME ALLOCATION AND THE RESOURCES.
OBVIOUSLY YOU HAVE A HIGHLY QUALIFIED TEAM HERE, BUT THEY HAVE A LOT TO FOCUS ON.
SO LETTING US FULLY FOCUS ON RETAIL AND RESTAURANT, WE CAN REALLY APPLY THAT EXTRA EFFORT, KNOWLEDGE AND DEPTH OF RELATIONSHIPS TO THE PARTNERSHIP.
UM, WE HAVE A FOUR TO ONE CLIENT TO STAFF RATIO, WHICH REALLY MAKES US UNIQUE.
SO, UM, NATIONWIDE ON OUR NATIONAL RETAIL RECRUITMENT SERVICES, WE HAVE A TOTAL OF 177 PARTNERS.
UM, MAINTAINING THAT FOUR TO ONE CLIENT TO STAFF RATIO IS CRITICALLY IMPORTANT FOR THE WORK THAT WE DO.
SO THERE'S A LOT OF FIRMS WHO KNOW WHAT THEY'RE DOING IN RETAIL REAL ESTATE, BUT BEING ABLE TO REALLY APPLY THE HUMAN EFFORT BEHIND IT, THAT'S WHERE THE RUBBER MEETS THE ROAD ON HAVING SUCCESS IN THIS SPACE.
UM, SO SOME OF THE OTHER, UM, COMPANIES THAT DO SIMILAR TYPE WORK, THEIR RATIOS CLOSER TO 40 TO ONE.
UM, SO REALLY HAVING THE DEDICATED TEAM TO APPLY THE EFFORT IS, IS WHAT REALLY MAKES A DIFFERENCE.
SO WE HAVE A THREEFOLD PROCESS.
I'M GONNA WALK YOU THROUGH EACH ONE OF THESE PROCESSES, BUT REALLY UNDERSTANDING YOU ARE THE LOCAL EXPERT.
WE ARE THE NATIONAL RETAIL EXPERT, AND WE WANNA MARRY THOSE TWO THINGS TOGETHER.
SO WE INVEST AROUND $200,000 A YEAR IN DATA, GIS AND SOFTWARE SOLUTIONS, AND WE WANNA PAIR THAT WITH YOUR LOCAL KNOWLEDGE.
SO EVERYTHING THAT WE DO WITH OUTREACH WITH PROPERTY OWNERS, DEVELOPERS, BROKERS, RETAILERS, THEN IT'S ALL ABOUT THE REPORTING AND DOING THAT IN A VERY TIMELY MANNER.
SO WE HAVE AN ONLINE TO PROJECT MANAGEMENT SOFTWARE CALLED BASECAMP.
OUR TEAM IS ON AND YOUR TEAM IS ON.
THERE'S USUALLY WEEKLY TOUCH POINTS WITH BASECAMP.
AND THEN WE PROVIDE QUARTERLY WRITTEN REPORTS IN THOSE WRITTEN REPORTS.
AND ADVANCE IS WHERE THIS ISN'T JUST A STUDY THAT SITS ON A SHELF.
THIS IS VERY MUCH ABOUT US TELLING YOU ALL THE EFFORT WE'VE APPLIED AND THE FEEDBACK WE'VE RECEIVED.
IF WE GET THE ANSWER NO, WE COME BACK WITH WHY, WHY WAS THERE A NO? SO WE KNOW WHAT TO WORK ON NEXT.
WHAT KIND OF DATA DO WE PROVIDE TO YOU? SO THIS IS JUST A HIGH LEVEL OVERVIEW OF THE DATA.
I JUST RAN A SERIES OF RADIUS RINGS AND DRIVE TIMES, WHICH YOU'RE VERY FAMILIAR WITH.
I'M SURE AS YOU KNOW, RE'S VERY UNIQUE IN THAT YOU HAVE A HIGH AVERAGE HOUSEHOLD INCOME, YOU HAVE A HIGH POPULATION GROWTH.
THAT'S SOMETHING WE'D REALLY WANNA LEAN INTO IS THAT EXTREMELY HIGH GROWTH.
AND YOU HAVE, UM, IN DAYTIME POPULATION, YOU ALSO HAVE A STRONG DAYTIME POP.
SO HOW DO WE LEAN INTO ALL THOSE THINGS TO MAKE A CASE FOR WHY RETAILERS SHOULD BE HERE? AS YOU ARE LANDLOCKED, YOU WANNA LOOK AT THE HIGHEST AND BEST USE FOR THE PROPERTIES THAT, UM, THAT YOU DO HAVE AVAILABLE FOR RETAIL.
[00:25:01]
SO PART OF THE PROCESS IS DIGGING IN ON MOBILE ANALYTICS.SO THIS IS AGAIN, JUST HIGH LEVEL.
WHAT WE'LL DO IS WE TAKE A DEEPER DIVE IS DO A CUSTOMIZED RETAIL TRADE AREA FOR YOU.
AND THEY, WE RUN THIS A SERIES OF DIFFERENT WAYS.
SO JUST AS A QUICK, UH, LOOK, I LOOKED AT YOUR HEB AND THE FOOT TRAFFIC OVER THE PAST YEAR AND YOU CAN SEE WHERE THERE ARE ABOUT 416,000 VISITS THERE.
AND WHERE IN THE COUNTY THIS, AS FAR AS FOOT TRAFFIC RANKS 22 OUT OF 84.
THIS IS A LIFETIME REPORT THAT WE CAN RUN FOR ANY RETAILER THAT'S HERE, BUT IT ALSO HELPS US LOOK AT OTHER AS WE'RE TRYING TO RECRUIT A NEW BRAND INTO RE WE CAN LOOK AT THEIR NEXT CLOSEST LOCATION, LOOK AT THAT CANNIBALIZATION RATE AND REALLY APPLY THIS MOBILE TRACKING DATA TO ALL WE DO WITH OUR CUSTOMIZED RETAIL RECRUITMENT.
SO IN THAT CUSTOMIZED RECRUITMENT FOR EVERY PROSPECT WE HAVE, WE CUSTOMIZE THE DATA AND THE PROPERTY.
SO WHAT WE'D WANNA DO, THIS IS AN EXAMPLE OF WHAT WE DID IN PFLUGERVILLE, JUST TO SHOW YOU.
WE USE THAT MOBILE TRACKING DATA TO SEE THAT EVERYBODY THAT SHOPPED IN THEIR MAJOR RETAIL CORRIDOR AND THEN WHERE THEY SPEND THE MAJORITY OF THEIR EVENINGS SO WE CAN SEE WHERE PEOPLE LIVE AND WHERE THEY'RE SHOPPING.
AND THEN WE DREW THE CUSTOMIZED RETAIL TRADE AREA THAT OBVIOUSLY IT WAS MUCH LARGER THAN THEIR REGULAR POPULATION.
SO THEIR TRADE AREA IS ABOUT 316,000 AND WE WERE ABLE TO MARKET THEM THAT WAY AND SHOWING THAT POSITIVE GROWTH RATE.
NEXT, WE SHOOK A LOOK AT THEIR RETAIL LEAKAGE REPORT.
SO BY CATEGORY WHERE WERE GOODS AND SERVICES LEAVING THE MARKET GOING TO OTHER MARKETS.
AND THAT HELPS US PRIORITIZE THE DIFFERENT CATEGORIES OF WHICH WE WANT TO PROSPECT.
NOW FOR EACH ONE OF THESE CATEGORIES, THIS HELPS US AS A GENERAL STARTING PLACE, BUT WE NEED TO LOOK THEN AT THE RETAIL BRANDS THAT ARE GROWING WITHIN EACH ONE OF THOSE CATEGORIES.
AND THEN THE RETAIL BRANDS THAT MEET YOUR DESIRED NEEDS.
UH, THANK YOU FOR BEING HERE TONIGHT TOO.
MM-HMM,
SO HOW DO YOU, HOW DO YOU GET THAT DATA? SO WHAT WE DO HERE IS WE LOOK AT THAT CUSTOMIZED RETAIL TRADE AREA, AND THEN WITHIN THAT CUSTOMIZED RETAIL TRADE AREA, THE WAY THAT IT WORKS.
SO IMAGINE THIS RED LINE RIGHT HERE.
IT'S GOING TO TAKE EVERY HOUSEHOLD RESIDENCE THAT LIVES INSIDE OF THAT AND WHAT THEY SPENT IN A YEAR.
SO THAT'S GONNA BE CALLED MARKET DEMAND.
SO EVEN IF THEY WENT ON VACATION AT DISNEY WORLD, THAT'S MARKET DEMAND.
THAT'S AN EXPENDITURE WITHIN A YEAR.
BUT WHAT YOU'RE REALLY TRYING TO CAPTURE IS ON A TUESDAY EVENING, WHO'S LEAVING THE MARKET NOT COMING.
UM, THEN YOU'RE GONNA LOOK AT MARKET SUPPLY, WHICH IS EVERY SINGLE BUSINESS THAT EXISTS WITHIN THAT SAME TRADE AREA AND WHAT THEY COLLECTED IN A YEAR.
SO YOU'RE LOOKING AT THE BUSINESS COLLECTIONS VERSUS THE HOUSEHOLD EXPENDITURES AND YOUR CROSS-REFERENCING THOSE TO DETERMINE HOW THAT'S GONNA LOOK.
THEN WHAT YOU WANNA DO IS HONE IN ON YOUR RETAIL SYNERGY AND THAT RETAIL SYNERGY IS WHERE YOU REALLY BUILD ON ATTRACTING ADDITIONAL BRANDS AND THAT THAT REALLY GROWS AND CHANGES YOUR RETAIL TRADE AREAS.
THE MORE RETAIL SYNERGY YOU HAVE, THE MORE PEOPLE WILL GET SHOP HERE RATHER THAN OTHER PLACES.
DOES THAT ANSWER YOUR QUESTION? YES.
IT WAS, UH, DIFFICULT TO FOLLOW, BUT I THINK I DID IT.
WELL, I COULD GET REAL DORKY ON YOU AND TELL YOU ABOUT THE AMERICAN COMMUNITY SURVEY, BUT
MAYBE, MAYBE NEXT PEOPLE'S EYES GLAZE OVER WHEN I GET THERE.
UM, SO NEXT WE'RE GONNA LOOK AT A PEER ANALYSIS.
SO WE'RE GONNA TAKE A COMPLETELY SEPARATE SET OF DATA AND WHAT WE DO HERE IS WE LOOK AT 10 MINUTE DRIVE TIMES FROM RETAIL NODES.
SO THIS IS AN EXAMPLE IN LAMAR WHERE WE LOOK AT SEVERAL DIFFERENT RETAIL NODES THROUGHOUT THE REGION OR EVEN THE COUNTRY.
AND THEN WE'RE GONNA LOOK AT THE NATIONAL BRANDS THAT EXIST WITHIN THAT 10 MINUTE DRIVE TIME IN THOSE PEER MARKETS WITH THE SAME DEMOGRAPHICS.
AND THEN WE COMPARE THOSE WITH WHAT WOULD BE RIGHT HERE IN SHORE, IN THIS CASE LAMARCK, RIGHT? AND THEN THAT HELPS GIVE YOU A UNIT COUNT WHERE YOU MIGHT HAVE A SHORTAGE.
SO IN THIS CASE THEY WERE, YOU KNOW, LAMAR WAS THREE UNITS SHORT WHENEVER IT COMES TO AN AVERAGE ON COFFEE JUICES AND SMOOTHIES.
UM, SHOPPING THAT'S MORE APPAREL AND BIG BOX RETAIL, UH, SHORT TWO SPECIALTY GROCERY CONCEPTS.
AND THEN WE LOOK AT THOSE BRANDS THAT FREQUENTLY REPEATED THEMSELVES IN THE PEER MARKETS AND WE ADD THOSE TO THE SHORT LIST ON OUR RETAIL PROSPECT LIST.
UM, AND SO THEN WE CAN GO MAKE A CASE YOU'RE IN.
YOU'RE VERY SUCCESSFUL IN THESE MARKETS WITH THE SAME TYPE DEMOGRAPHIC.
SO WE BELIEVE YOU CAN BE SUCCESSFUL HERE AS WELL.
SO THIS IS AN EXAMPLE OF, I KNOW THESE ARE A LOT OF BRANDS YOU ALREADY HAVE AND YOU MIGHT NOT DESIRE, BUT I SHARE, SHARE THIS TO SHOW ROII THINK IT'S REALLY IMPORTANT WHEN WE'RE LOOKING AT RETURN ON INVESTMENT HERE AND THAT AN AVERAGE FAST FOOD RESTAURANT, THIS IS ONE UNIT FOR ONE YEAR
[00:30:01]
IN WHAT THEY'LL DO IN AVERAGE ANNUAL SALES.SO YOU CAN SEE A BRAND EVEN AS SIMPLE AS A WATER BURGER AT A 2% LOCAL SALES TAX CAN GENERATE ABOUT $70,000 IN NEW SALES TAX.
PLUS THEY'RE GONNA EMPLOY ANYWHERE FROM 30 TO 50 PEOPLE.
SO NATIONAL RETAIL BRANDS REALLY HAVE A QUICK WAY OF ADDING UP TO A VERY POSITIVE ROI AND OBVIOUSLY WE WANNA ASPIRE TO HIGHER BRANDS WITH HIGHER SALES VOLUMES AND, AND HIGHER, UM, THAT ARE GONNA GOING TO REALLY CONTRIBUTE TO THE QUALITY OF LIFE HERE.
BUT EVEN SIMPLE WINS CAN REALLY MAKE A DIFFERENCE.
ANY QUESTIONS ON THAT BEFORE I MOVE ON TO THE REAL ESTATE ANALYSIS? OKAY, SO REAL ESTATE'S SO CRITICALLY IMPORTANT AND I'M GONNA ENCOURAGE YOU TO DIVIDE IN YOUR MIND THE DIFFERENCE IN NATIONAL RETAIL CORRIDORS REAL ESTATE VERSUS DOWNTOWN REAL ESTATE.
THEY ARE ACTUALLY POLAR OPPOSITE.
SO A LOT OF TIMES WHEN WE SAY NATIONAL RETAIL RECRUITMENT, PEOPLE'S MINDS AUTOMATICALLY GO TO THE NATIONAL BRANDS THAT CAN LOCATE DOWNTOWN.
AND THERE'S REALLY A DIFFERENCE THERE.
UM, WHAT MOST OF THE NATIONAL BRANDS, AND YOU SEE THESE IN FRONT OF YOUR HBS AND YOUR MAJOR RETAILERS, BUT THEY WANNA SEE A PARKING FIVE TO ONE, UM, PARKING RATIO, UH, WHICH IS GONNA BE ALL THE PARKING OUT IN FRONT TYPICALLY MAYBE EMPLOYEE PARKING BEHIND.
THEY WANT THE HIGHEST TRAFFIC COUNT IN TOWN.
THEY WANT A LOT OF TIMES IN A LARGER SHOPPING CENTER.
THEY WANT THAT CO-TENANCY THAT THEY KNOW THEY CAN ENSURE THAT HOURS, UM, OF OPERATION THAT THEY'RE OPEN AND THAT THEIR PEERS ARE THERE REALLY DRIVING THAT RETAIL SYNERGY.
THEY'RE GONNA WANT REALLY STRONG SIGNAGE THAT IS GOING TO BE CATERED TO TRAFFIC AND REALLY GOOD INGRESS AND EGRESS.
SO THESE ARE KIND OF THE FIVE UNIVERSAL THINGS THAT EVERY NATIONAL BRAND IS LOOKING FOR.
AND WHEN WE LOOK AT THOSE, WE'RE GONNA COME AND LOOK, OUR TEAM WILL COME HERE THAT WILL BE WORKING WITH CHER AND WE'RE GONNA DRIVE THE WHOLE MARKET AND LOOK AT ALL THE REAL ESTATE THAT WE BELIEVE IS VIABLE FOR COMMERCIAL DEVELOPMENT.
SO WHETHER THIS IS ON MARKET OR OFF MARKET, THIS IS VACANCIES AND RAW LAND, THIS IS HIGHEST AND BEST USE.
AND WE'LL DO AN INVENTORY OF ALL THIS REAL ESTATE, UM, SHOWING AN EXAMPLE HERE OF LOOPNET.
AND YOU CAN SEE WITHIN SHORE THE RETAIL PROJECTS THAT ARE FOR LEASE.
WE ALL KNOW THAT YOU HAVE FAR MORE THAN JUST WHAT'S SHOWING HERE.
AND THAT'S WHAT WE REALLY WANNA DO.
AND I THINK THAT'S WHERE WE ADD A GREAT DEAL OF VALUE FOR OUR CLIENT, UM, COMMUNITIES IS KNOWING THINGS THAT NOT ONLY THE ON MARKET BUT THE OFF MARKET OPPORTUNITIES.
AS WE'RE BUILDING RELATIONSHIPS WITH THE PROPERTY OWNERS, YOUR LOCAL LEASING AGENTS AND THE DEVELOPERS THAT ARE HERE, WE'RE MAKING SURE THOSE UNDEREXPOSED OPPORTUNITIES GET EXPOSED TO THE RIGHT PEOPLE IN THE RIGHT WAY.
WE'RE GONNA DEVELOP AN AERIAL MAP FOR YOU.
AGAIN, THIS IS JUST AN EXAMPLE OF LAMAR, BUT EVERY RETAILER ON THE ROOFTOP.
SO YOU CAN QUICKLY SEE THAT IN CONJUNCTION WITH THE TRAFFIC COUNTS.
THESE ARE VEHICLES PER DAY AND WE WILL USE TEXT.TO UH, SHOW THOSE AND THEN WE CAN SHOW ANY FUTURE PLANS HERE AS WELL.
OBVIOUSLY YOU HAVE A LOT OF FUTURE PROJECTS IN SHORE AND IF THOSE ARE NOT OBVIOUS AND NEED TO BE GRAPHICALLY DISPLAYED THROUGH THE AERIAL MAP, WE CAN DO THAT.
ANY QUESTIONS ON THAT BEFORE WE MOVE FORWARD TO THE PARTNERSHIP? OKAY, SO ONCE WE'VE DONE THE DATA AND THE REAL ESTATE AND PULLED THOSE TOGETHER, WHAT WE'RE GONNA DO IS PUT TOGETHER A RETAIL RECRUITMENT PLAN.
AND THIS WILL TYPICALLY BE ANYWHERE FROM 70 TO 90 PAGES.
IT'S GOING TO ASSEMBLE ALL OF THAT INFORMATION AND WE'LL PROVIDE THAT BACK TO YOU COMPLETE WITH RETAIL PROSPECTS.
THE DATA DISCOVERY WE HAD AND THE PROPERTY DISCOVERY WE HAD, THAT'S JUST A STARTING PLACE.
THAT'S WHEN WE REALLY START APPLYING EFFORT WITH OUR TEAM.
SO AGAIN, A FOUR TO ONE CLIENT TO STAFF RATIO.
YOUR MAIN POINT OF CONTACT WILL BE MADISON NEAL OUT OF OUR FORT WORTH OFFICE.
HE'S SUPPORTED BY MEGAN JIMENEZ AND MADISON AND MEGAN WORK SPECIFICALLY IN TEXAS.
UM, MEGAN IS THE, UH, RETAIL DEVELOPMENT COORDINATOR.
SHE DOES THE OUTREACH TO THE RETAILERS THAT'S HIGHLY CUSTOMIZED AND MADISON DOES ALL THE REPORTING, UH, DIRECTLY WITH ANELLE AND HER TEAM.
AND THEN THERE'S SUPPORTED BY OUR EXECUTIVE STAFF AND A COMMUNICATION COORDINATOR.
SO ASHTON ROSEN IS THERE JUST TO HELP WITH ANY WRITTEN REPORTS OR ANYTHING THAT WE NEED TO DO AS FAR AS, UH, SETTING UP PHONE CALLS OR YOU CAN CALL US ANYTIME.
IF YOU HAVE A QUESTION ABOUT A RETAILER OR PROPERTY, YOU CALL US AND HE'S THERE JUST TO SUPPORTING THE TEAM.
SO YOU HAVE ABOUT TWO AND A HALF PEOPLE THAT ARE SPECIFICALLY APPLIED TO TEXAS AND THEN THE SUPPORT OF THE TEAM.
UM, AS I MENTIONED, I'M ON THE BOARD OF TRUSTEES WITH ICSE, SO I CAN PRETTY MUCH HAVE ACCESS ANYBODY IN OUR INDUSTRY.
THEY'RE A LITTLE BIT HARD TO ACCESS.
AND THEN THAT BOTTOM LAYER THERE, YOU, THEY ARE ALL CCIM, WHICH IS THE PROFESSIONAL CERTIFICATION IN OUR INDUSTRY.
UM, AND THEY ARE THE SUPPORT TEAM THAT HAVE, EACH OF THEM HAVE ABOUT 15 YEARS OF EXPERIENCE IN COMMERCIAL REAL ESTATE.
AND THEN YOU HAVE OUR MARKETING
[00:35:01]
AND RESEARCH TEAM AS WELL.UM, SO WE PUT ALL THAT TOGETHER, WE GIVE YOU DELIVERABLES AND WE REPRESENT YOU AT CONFERENCES ICSC, RED RIVER, ICSC, LAS VEGAS, WE'LL BE AT RETAIL LIVE AUSTIN NEXT, NEXT WEEK.
WE GO TO ALL THESE SHOWS AND AFTER EACH SHOW WE COME BACK AND GIVE YOU A REPORT OF WHO WE MET WITH ON YOUR BEHALF.
SO AGAIN, IT'S NOT JUST THE RETAILERS, IT'S THE DEVELOPERS, IT'S THE BROKERS, IT'S THE FRANCHISEES, IT'S THAT ENTIRE WEB OF ANYBODY THAT INFLUENCES INVESTMENT IN SHORE.
SO I'D BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU HAVE ON OUR PARTNERSHIP OR EVEN OUR WHAT A CONTRACT WOULD LOOK LIKE WITH US.
UH, WE WILL GO AHEAD AND OPEN IT UP FOR QUESTIONS.
DO, DO YOU DO ANY ASSESSMENT OF US, OF THE CITY OF RE ON THINGS THAT YOU BELIEVE ARE OUR STRENGTHS AND OUR WEAKNESSES WHENEVER WE TALK TO, UM, TO RETAILERS? MM-HMM.
IF WE ARE RECEIVING FREQUENT, UH, FEEDBACK ON THE SAME ITEM OVER AND OVER AGAIN, SUCH AS IMPACT FEES POTENTIALLY, THEN WE WOULD SHARE THAT FEEDBACK TO YOU AND LET YOU KNOW, YOU KNOW, THIS IS WHAT THE MARKETPLACE IS TELLING US.
UM, THIS IS ALWAYS, YOU KNOW, A CHALLENGE FOR ALL OF US.
IT'S LIKE EVERYTHING IN ECONOMIC DEVELOPMENT, YOU DO A LOT OF OUTREACH, YOU GET REJECTED A LOT,
SO WHEN WE'RE FREQUENTLY HEARING, YES, WE WOULD BE THERE, BUT THEN WE FIGURE OUT IS THAT BUT WITHIN OUR CONTROL? WHAT'S THAT? WHAT IS THAT ISSUE? SO WE DON'T CONTROL THE PROPERTY, WHICH IS ALWAYS A CHALLENGE.
SO IF THE RATES ON THE PROPERTY OR ARE OUT OF LINE WITH WHAT THE MARKET IS DEMANDING, THEN THAT CAN BE A CHALLENGE.
UH, WE DON'T CONTROL SPECIFICALLY WHERE THAT RETAILER CHOOSES TO OPEN, BUT WHAT WE DO CONTROL IS THE PROFESSIONAL PERSISTENCE AS WE LIKE TO CALL IT.
IT'S THAT, UM, MAKING SURE THAT WE'RE HURTING ALL THE CATS.
IN ANY TRANSACTION YOU'RE GONNA HAVE THE PROPERTY OWNER, THEN THEY MIGHT HAVE AN AGENT INVOLVED, YOU'RE GONNA HAVE THE TENANT, THEY MIGHT HAVE AN AGENT INVOLVED, THEN YOU MIGHT HAVE A FRANCHISEE, RIGHT? AND YOU MIGHT HAVE, AND THEN YOU'RE GONNA GET THE ATTORNEYS AND ALL THE BROKER.
SO YOU MIGHT HAVE A DOZEN DIFFERENT PEOPLE INVOLVED IN ANY TRANSACTION AND WE'RE THERE MAKING SURE EVERYBODY'S STAYING FOCUSED AND GETTING IT DONE.
IF THERE'S FREQUENTLY, UM, A CERTAIN HICCUP THAT WE'RE COMING ACROSS, WE'LL CERTAINLY GIVE YOU THAT FEEDBACK IN REAL TIME.
I WAS GOING TO, UH, ASK HOW OFTEN WE COULD EXPECT TO SEE MADISON AND MEGAN HERE.
GOOGLE EARTH IS GREAT, BUT EVEN IT DOESN'T KEEP PACE WITH THE GROWTH OUT HERE.
BUT I DO SEE YOU HAVE A, A CHARGE IN HERE PER VISIT.
SO IS THAT IF WE WANTED THEM TO COME MORE THAN ONCE ONE TIME, THEN THAT CHARGE WOULD BE, UH, UM, ACCRUED FOR THEIR VISIT TO THE SHORE AREA.
THAT'S RIGHT IN, IN YOUR CONTRACT.
IT GUARANTEES ONE VISIT PER YEAR.
BUT CERTAINLY IF YOU WANTED THEM TO COME MORE FREQUENTLY, THEN WE WOULD JUST, UM, THAT WOULD BE A SEPARATE INVOICE THAT WOULD BE PAID UPON THE VISIT.
THE OTHER THING THAT I JUST WANTED TO SEE IF YOU COULD GIMME MAYBE A LITTLE MORE INFORMATION ON, UH, RE RESIDENTS HAVE VERY, VERY HIGH EXPECTATIONS AND I THINK RIGHTLY SO.
MM-HMM,
YOU'VE PULLED SOME OF THE DATA ON ALL OF OUR DEMOGRAPHICS.
WHAT RETAILER WOULDN'T WANT TO BE HERE? HOW DO YOU HELP US NAVIGATE TO ATTRACT THOSE RETAILERS THAT OUR COMMUNITY REALLY DESIRES? AND NOT JUST EVERY RETAILER THAT MAY BE LOOKING TO MOVE OUT HERE? MM-HMM.
I THINK THAT'S RIGHT IN THE BEGINNING, IN THAT DISCOVERY PHASE, WE WOULD LOVE TO GET THAT FEEDBACK FROM YOU WHERE YOU'RE THE LOCAL EXPERT.
YOU GIVE US A LIST OF THE RETAILERS THAT THE COMMUNITY WANTS HERE AND, AND LET US DO THE DUE DILIGENCE.
A LOT OF THE HIGHLY DESIRED RETAILERS RIGHT NOW ARE, UM, PRIVATE E EQUITY BACKED.
UM, ONE OF THE BIG INDUSTRY ISSUES WE HAVE CURRENTLY IS THAT WE ARE AN ALL TIME LOW IN VACANCY RATES CURRENTLY.
RIGHT? WE'RE ALL TIME HIGH IN OCCUPANCY.
YOU CAN LOOK AT THAT EITHER WAY.
SO ONE OF THE BIG CHALLENGES IS THAT RETAILERS HAVE REALLY FROZEN WHAT THEY'RE WILLING TO PAY IN RENT.
AND THEY'RE PUTTING THAT PRESSURE BACK ON THE LANDLORD AND SAYING, OKAY, YOU HAVE TO REDUCE THE, THE RENT RATES.
YOU OBVIOUSLY, UM, HERE WITH YOUR BUILDING CODES, THE DEVELOPMENT COST IS A LITTLE BIT HIGHER AND DEVELOPMENT COST ACROSS THE COUNTRY IS HIGHER, RIGHT? SO THAT'S GONNA DRIVE UP
[00:40:01]
THOSE RENT RATES.SO YOU'RE GONNA HAVE TO FIND THE RETAIL BRANDS THAT CAN PAY THOSE HIGHER RENT RATES AND THEN WANT TO HAVE TAP INTO THE DISPOSABLE INCOME THAT COMES BACK.
SO THEY SPECIFICALLY ARE TARGETING HIGH, HIGH INCOME AREAS, HIGH DENSITY AREAS, WHICH YOU HAVE BOTH OF, I THINK THE NEXT THING IS WORKING DIRECTLY WITH THE PROPERTY OWNERS, WHOEVER THAT LEASING AGENT IS, BECAUSE OBVIOUSLY THEY'RE GONNA WANT THE HIGHEST CREDIT RATED TENANT 'CAUSE THAT'S GONNA VALUE THEIR OVERALL SHOPPING CENTER BETTER AND IMPROVE THEIR CAP RATE.
SO IF WE CAN WORK DIRECTLY WITH THE LEASING AGENTS OR OWNERS OF THE REAL ESTATE AND THEY CAN ALSO SUPPLY US SOME OF THOSE HIGH-END BRANDS, THEY'RE GONNA WANNA DO THAT.
I NOTICED SOME VACANCIES WHEN I WAS DRIVING AROUND AND I'M, I GUARANTEE YOU IT'S NOT FOR LACK OF DEMAND, IT'S FOR THE, THE RIGHT RETAILER AT THE RIGHT RENT IS WHAT THEY'RE WAITING ON.
SO IF WE CAN HELP BRING THOSE TO THE TABLE, WE WANNA BE A PART OF THAT.
I THOUGHT YOU WERE GONNA SAY THEY'RE WAITING FOR THE ROAD CONSTRUCTION TO BE DONE WELL AND THEN THEY'RE GONNA COME OUT
YEAH, THERE IS, THERE WAS A LOT OF THAT.
UM, BUT YOU KNOW, THE GOOD NEWS IS ALL THE RETAILERS WE'RE TALKING TO RIGHT NOW ARE ALREADY PLANNING THEIR 2025 YEAR.
SO THEIR, THEIR CYCLES ARE ABOUT, UM, 12 MONTHS OUT.
AND THAT'S ACTUALLY GETTING EVEN LONGER.
THE BIGGEST COMPLAINT I'M HEARING FROM MOST, UH, RETAILERS OUT THERE, THEIR PERMITS ARE SO DELAYED AND NOW THE ATTORNEYS ARE DELAYING THE LEASE NEGOTIATIONS.
SO EVEN THOUGH THEY HAVEN'T EXECUTED LOI FROM BOTH SIDES, THAT LEASE NEGOTIATION THAT USED TO BE IN THE ATTORNEY'S HANDS FOR ABOUT TWO MONTHS IS NOW STARTING TO TAKE SIX TO EIGHT MONTHS.
SO NOW THEY'RE PUSHING EVEN FURTHER AND SAYING, OKAY, LET'S LOOK AT OUR 2026 PIPELINE AND YOU SHOULD BE CLOSE TO DONE BY THEN.
NEXT, I JUST HAD A QUICK QUESTION ABOUT, UM, DO YOU GUYS TYPICALLY JUST WORK IN THE HERE AND NOW OR DO YOU GIVE ANY KIND OF CONSIDERATION TO THE PROJECTED DEMOGRAPHICS, UM, THE WAVES THAT ARE GONNA CONTINUE TO COME AND WHAT THAT LOOKS LIKE? AND DO YOU, DO YOU MAKE ANY ADJUST? ABSOLUTELY.
THAT GROWTH RATE, I THINK YOU WERE AT 19% WITHIN A THREE MILE RADIUS RING.
SO THAT RIGHT HERE, THIS IS THE CHART THAT WAS REALLY AWESOME TO LOOK AT THAT, UM, THAT THREE MILE RADIUS RING IS THAT RED INTERIOR RING AND THAT'S SHOWING A 19% YEAR OVER YEAR GROWTH RATE.
SO THE REASON THAT REALLY MATTERS, AND THAT'S SOMETHING WE REALLY WANNA HONE IN, TYPICALLY I SEE ABOUT THREE TO 4% IS THAT RATE.
SO OBVIOUSLY YOUR MASSIVELY EXCEEDING THAT.
UM, THE REASON WE REALLY WANNA HONE IN ON THIS IS 'CAUSE THAT POINT, IF THEY'RE GONNA PAY HIGHER RENT HERE, THEY WANNA ENSURE THAT THEIR INVESTMENT IS GOING TO BE WORTH IT 20 YEARS FROM NOW.
SO THERE'S SHOWING THAT THERE'S NOTHING BUT GROWTH IN THE FUTURE IS, IS GOING TO HELP INSPIRE CONFIDENCE.
SO MY QUESTION ACTUALLY WAS FOR, UM, ANELLE AND, UM, AND HAYDEN AND, AND LACEY FOR YOU TO ADD IN AS AS NECESSARY, BUT CAN YOU MA, CAN YOU MARRY FOR ME SINCE ENTREPRENEUR, LOCAL SMALL BUSINESS ENTREPRENEURSHIP, UM, YOU KNOW, LOCALLY OWNED BUSINESSES IS OBVIOUSLY VERY IMPORTANT AS WELL.
SO MARY, THE FULL FULCHER FAST TRACK KIND OF, UM, CONCEPT WITH, WITH THIS CONCEPT, JUST FOR MY OWN MY OWN INFORMATION, TELL ME HOW THAT, AND THEN WHATEVER YOU ALL MIGHT DO IN THAT AREA TOO.
UM, I THINK THEY, THEY TACKLE TWO DIFFERENT THINGS.
SO I THINK WE HAVE A LOT OF ENTREPRENEURS AND PEOPLE WITH GREAT IDEAS, A LOT OF INNOVATORS THAT ARE WORKING OUT OF THEIR HOUSE.
THEY HAVE THESE GREAT IDEAS, BUT THEY HAVEN'T YET DEVELOPED THAT PRODUCT OR, YOU KNOW, FILED TO CREATE THE WHATEVER IT IS THEIR LLC OR THEIR CORPORATION.
SO THAT'S, THAT'S THE KIND OF THING WE WANT FULL SHIFT, FAST TRACK TO DRAW OUT, DRAW OUT THE HOME-BASED BUSINESSES, THE IDEAS PEOPLE HAVE THAT, YOU KNOW, HAVEN'T REALLY BEEN BORN YET, REALLY BRING THEM TO REALITY SO THAT WE CAN PUT THEM IN BRICK AND MORTAR.
NOW I THINK WE HAVE A LOT OF NEEDS, UM, IN TERMS OF LIFESTYLE RESTAURANTS, THAT HIGHER END, UM, TYPE OF TASTE THAT THE CITIZENS OF SHORE HAVE.
AND THAT'S WHERE LACEY COMES IN.
YOU KNOW, WE CAN FOCUS, WE CAN HAVE THE SHORE FAST TRACK AND MATT FOCUS ON THOSE EFFORTS HERE LOCALLY BASED OUT OF SHORE.
AND WE CAN TAP INTO THE NETWORK THAT LACEY HAS, THE EXPERIENCE THAT SHE HAS WITH RETAIL STRATEGIES NATIONWIDE TO TALK TO THE RIGHT DEVELOPERS AND THE RIGHT RETAILERS, RESTAURANTS TO MEET THAT DEMAND THAT, THAT THE CITIZENS HAVE.
SO IT'S JUST A, JUST DIFFERENT KINDS OF NEEDS ALL FOCUSED AND ORIGINATING WITHIN WHAT THE PEOPLE WANT, WHERE THEY WANNA SEE THIS COMMUNITY GO, AND THEN REALLY FIGURING OUT WHO IS THE EXPERT IN THAT FIELD TO MAKE THAT HAPPEN.
THERE ARE TWO DIFFERENT, UH, STRATEGIES THAT COMPLIMENT EACH OTHER.
AND ONE OF THE THINGS THAT WE HAD TALKED ABOUT, I'M GLAD YOU SAID THAT 'CAUSE IT REMINDED ME TO BRING UP, WE ALSO HAVE A DIVISION CALLED DOWNTOWN STRATEGIES, WHERE THAT'S ACTUALLY A A COMPLETELY SEPARATE TEAM AND THEY WORK SPECIFICALLY WITH ENTREPRENEURS AND DOWNTOWN REVITALIZATION INITIATIVES.
[00:45:01]
MORE ABOUT EVENTS PLANNING AND YOU KNOW, THINGS LIKE WAY FINDING SIGNS AND, AND COLOR SCHEMES AND PLACE MAKING AND GOING BACK TO THAT REAL ESTATE WE LOOKED AT WITH THAT BEING KIND OF A POLAR OPPOSITE OF THE NATIONAL RETAIL AND DOWNTOWN AND LOCAL.THEN WE HAVE THAT AS WELL THAT SOME COMMUNITIES DO BOTH AND RUN THOSE PARALLEL PATHS WITH US.
UM, SO THAT BOTH CAN BE SERVED.
WELL I I MEAN IN THE ESSENCE OF TIME, I MEAN, 'CAUSE WE COULD ALL ASK QUESTIONS EXTENSIVELY I SUPPOSE BECAUSE WE'RE NOT FAMILIAR WITH YOU AS A COMPANY, BUT COMMENT WOULD BE THAT YOUR THREE MILE RADIUS NEEDS TO MOVE TO THE CENTER OF, CENTER OF DOWNTOWN FULCHER, NOT THE CORNER.
AND THEN LOOK AT THOSE STATISTICS.
I'D REALLY BE INTERESTED IN THAT.
I MEAN, ONE OF THE CONCERNS I COULD PUT IT THERE 'CAUSE OF THE RETAIL SYNERGY.
SORRY, I I PUT IT THERE BECAUSE THAT'S WHERE THE RETAIL SYNERGY IS.
BUT CERTAINLY WE CAN RUN FROM POINT I PUT THE GROWTH IS THE GROWTH IS NOW, RIGHT? MM-HMM.
AND WHICH LEADS TO MY NEXT QUESTION.
SO, UM, I MEAN, I APPRECIATE ALL OF THE ANALYSIS, ALL THE ANALYTICAL STUFF THAT YOU NEED TO DO IN THE FIRST YEAR.
I'M ASSUMING THAT YOU HAVE CONTRACTUAL AGREEMENTS WITH COMPANIES THAT PROVIDE YOU DATA THAT YOU CAN ACCESS.
WE INVEST AROUND $200,000 A YEAR IN DATA RESEARCH AND ANALYSIS.
SO THAT'S GONNA BE IMPORTANT BECAUSE PROBABLY BY THE TIME YOU DO YOUR DATA AND CONSUMER ANALYSIS AND MARRY THAT WITH YOUR REAL ESTATE ANALYSIS AND BUILD YOUR RETAIL RECRUITMENT PLAN, THAT'S A HALF A YEAR.
IT'S GONNA BE OUT OF DATE AND YOU'RE GONNA NEED TO UPDATE IT.
FOR EACH PROSPECT THAT WE DO THROUGHOUT THE ENTIRE PARTNERSHIP, EVERY TIME WE REACH OUT TO A RETAILER, WE RUN FRESH DATA SITE SPECIFIC.
SO IT'S CONSTANT THROUGHOUT THE WHOLE PARTNERSHIP.
SO, I MEAN, WE'VE DONE THIS BEFORE, RIGHT? WITH THIS SORT OF DATA ANALYSIS.
UM, I, I DON'T KNOW HOW TO DIFFERENTIATE YOU FROM I APPRECIATE THE PRESENTATION.
I WOULDN'T KNOW HOW TO DIFFERENTIATE YOU.
I THINK THE BIGGEST DIFFERENCE IS OUR DEPTH OF TEAM DATA HELPS, BUT WE BELIEVE HUMANS DO DEALS AND IT'S THE HUMAN EFFORT WE CAN APPLY THROUGH THE TEAM IS THE MAJOR DIFFERENCE.
I WAS, UH, VISITING WITH ANELLE JUST A LITTLE BIT BEFORE OUR MEETING TONIGHT, SO SHE MADE ME LATE, BUT NO
BUT ONE THING THAT I MENTIONED TO HER, I MEAN, I WORK IN THE CONSULTING WORLD AND I CAN DO A JOB FOR SOMEONE, BUT I CAN'T BE THAT PERSON.
SO I THINK JUST LIKE LACEY, WE CAN USE HER HELP OR SOMEONE LIKE HER, BUT SHE CANNOT ULTIMATELY BE THE CITY OF SHORE.
WE DON'T HAVE THAT MUCH MONEY.
SO I THINK IT HAS TO BE A PARTNERSHIP.
OUR EDC TEAM HAS TO BE ACTIVE, ENGAGED, AND INVOLVED, AND THEN YOU BRING ALL THE DATA, THE TOOLS, THE RELATIONSHIPS, THE EXPERTISE IN MANY AREAS, AND THAT'S WHEN YOU GET A WINNING SITUATION.
ONE OF THE THINGS I'VE ALWAYS WONDERED ABOUT THESE, WE'VE, WE'VE DONE A FEW OF THESE, UM, I'M WONDERING WHY THERE'S NEVER AN INCENTIVE, LIKE YOU BRING IN A BUSINESS MM-HMM.
WHY IS, WHY IS, WHY IS IT FLAT FEE VERSUS PER PROJECT OR ON YEAH.
WHY, WHY ISN'T THERE? UM, MM-HMM.
WHEN YOU BRING THIS MUCH SALES TAX INTO THE CITY OF SHORE, YOU GET THIS INCENTIVE.
SO WE'VE, WE'VE ACTUALLY TRIED THAT EARLY ON IN THE INCEPTION OF THE COMPANY A FEW TIMES.
IT GETS VERY COMPLICATED VERY QUICKLY.
AND SO IF YOU'RE JUST INCENTIVIZED BY THE BRAND, THEN YOU'RE NOT ALWAYS, UM, YOU'RE JUST GOING FOR THE EASY WIN THAT WOULD PROBABLY HAPPEN OTHERWISE.
AND THEN THAT'S WHEN IT GETS HARD TO QUANTIFY AS WELL IS WELL, WHO PLAYED WHAT ROLE? GOING BACK TO THERE'S A DOZEN PEOPLE INVOLVED AND WHEN YOU'RE KIND OF WAVING THE HAND AND SAYING, WELL, WHAT DID YOU ACTUALLY CONTRIBUTE TO THAT? THEN IT GETS REAL, UH, COMPLICATED AND VERY QUICKLY.
SO WHAT WE PREFER TO DO IS SAY, HERE ARE ALL THE BRANDS THAT WE THINK MAKES SENSE HERE.
ALL OF THEM WE'RE GONNA REACH OUT TO HERE ARE ALL THE PROPERTIES, AND THEN JUST START APPLYING OUR RESOURCES WHERE THEY'RE NEEDED.
AND THAT WAY IT'S, IT'S EVERY PROPERTY.
AND IT'S ALSO WHY YOU WOULD RATHER HAVE A, UM, CONSULTANT WHO ISN'T DOING TRANSACTIONS
[00:50:01]
HERE.I MENTIONED THAT WE BRANCH OUT OF A FULL SERVICE COMMERCIAL REAL ESTATE FIRM, BUT, BUT OUR FIRM, UH, RETAIL SPECIALIST, THE SISTER COMPANY, THEY DO NOT DO TRANSACTIONS IN TEXAS.
SO YOU DON'T WANT YOUR CONSULTANT FIRM THE SAME AS ONE WHO IS ACTUALLY DOING TRANSACTIONS IN THE CITY BECAUSE THEN YOU CREATE A BIAS AROUND THE INDIVIDUAL PROPERTY.
SO I'M JUST GONNA, I'LL GIVE YOU MY 2 CENTS ON THAT.
I, I THINK IT'S HARD TO QUANTIFY IN THIS ARENA, LIKE OTHERS EXACTLY.
WHO WAS RESPONSIBLE FOR ONE THING, I BELIEVE IT'S A COMBINATION OF FACTORS.
UM, SO I, I THINK IT'S MORE OF A COMBINATION AND CULMINATION OF A LOT OF DIFFERENT PEOPLE WORKING TOGETHER.
I KNOW WE TALK ABOUT ROI ALL THE TIME.
BUT I THINK IT'S REALLY HARD TO PUT YOUR FINGER ON WHEN WE WERE AT ICSC AND WE TALKED TO THAT INDIVIDUAL, DID THEY SIGN A CONTRACT? MM-HMM.
DID IT PLANT A SEED? AND THEN LACEY TALKED TO THEM AND MAYBE YOU TALKED TO THEM AND CITY COUNCIL TALK TO THEM AND BEFORE YOU KNOW IT, THEY HAVE A COMFORT LEVEL WITH US AND THEY SHOW UP.
BUT ANYWAY, MY 2 CENTS, I'M SORRY.
IT'S, IT'S, IT'S STILL, WE ARE THE PEOPLE WHO ARE IN COMPETITION WITH PFLUGERVILLE AND ROUND ROCK AND GEORGETOWN, THE CITY OF RE MM-HMM.
AND SO WE WE'RE HIRING YOU TO DO THAT, BUT YOU ACTUALLY REPRESENT
SO IT'S ALMOST LIKE, UH, I ALWAYS WONDER IF THERE'S THAT EXTRA INCENTIVE THAT WOULD HELP HELP US OUT.
SO I JUST WANTED TO, THAT WAS ACTUALLY MY QUESTION.
UM, BUT UM, BE FOR NOT, IS THERE LIKE A NON-COMPETE IN THE AREA IN LIKE A 50 MILE RADIUS? OR HOW DOES THAT WORK? WE WILL, IF YOU WANT, WE PUT IT IN THE CONTRACT TO, UM, NOT THE, IT WOULD BE CONTIGUOUS MUNICIPAL BOUNDARIES.
IT WOULD EXCLUDE THEM FROM A PARTNERSHIP.
THE GREAT THING ABOUT RETAIL IS THEY TYPICALLY WANT MULTIPLE BRANDS WITHIN A REGION.
SO ONCE WE DEVELOP THAT STRONG RELATIONSHIP, THEY WANT ENOUGH SEPARATION THAT THERE'S NOT A CANNIBALIZATION RATE ON SALES, BUT THEY ALSO WANT ENOUGH CLOSE PROXIMITY THAT THEY CAN SHARE IN DISTRIBUTION AND MANAGEMENT AND IN BRAND AWARENESS.
SO THAT'S WHERE RETAIL'S VERY DIFFERENT THAN INDUSTRIAL OR SOME OTHER, YOU KNOW, FORMS OF ECONOMIC DEVELOPMENT.
I JUST GOT A COUPLE OF THINGS.
THE ON AVERAGE, UNDERSTAND IT'S A MOVING TARGET, BUT WHEN DISCUSSIONS START OR YOU HAVE A POTENTIAL INTERESTED PARTY FROM TIME OF DISCUSSION TO TIME OF OPENING BUSINESS ON AVERAGE, WHAT ARE WE LOOKING AT TIMELINE? USUALLY 18 TO 36 MONTHS.
UM, THE TIMELINE CAN BE PRETTY LONG USUALLY, AND THAT IS ACTUALLY EXTENDED OVER THE LAST YEAR.
BUT HERE'S ON AVERAGE WHAT THAT PROCESS LOOKS LIKE.
IT'S FROM A, YOU KNOW, WHAT YOU'RE SEEING IS THAT, UM, REALLY FROM THE TIME THEY ANNOUNCE ON WALL STREET, TILL THEY OPEN IN THE MARKET, TAKES THAT ABOUT THAT AMOUNT OF TIME.
AND THE SAME IS ABOUT TRUE FOR US WHENEVER WE MAKE THAT CONNECTION.
THAT'S, YEAH, THAT'S WHAT I WAS GETTING AT.
THAT'S, THAT'S ONE OF THE BIGGER CHALLENGES IS UNDERSTANDING THE LEVEL OF GROWTH WE CURRENTLY HAVE.
AND THOSE DISCUSSIONS, YOU MAY NOT SEE ANY MOVEMENT OR ACTION, YOU KNOW, AS FAR AS OPENING DOORS TO ESSENTIALLY TWO YEARS FROM NOW.
A LOT CAN HAPPEN IN TWO YEARS.
AND THAT'S WHERE OUR PARTNERSHIPS AT THREE YEAR PARTNERSHIP.
THE WAY THAT'S STRUCTURED IS WE, WE ASK YOU TO START WITH THREE YEARS IN MIND AS AN EXPECTATION FOR BUDGETS AND PLANNING.
UM, BUT IT IS WRITTEN WHERE IN GOING INTO YEAR TWO OR YEAR THREE, IF YOU NEEDED TO CANCEL, YOU COULD WITH NO PENALTY.
UM, BUT WE DO ASK FOR THAT THREE YEAR COMMITMENT UPFRONT.
AND THEN THE, THE SECOND THING I APPRECIATE ON TIME, UM, THE PARTNERSHIP AGREEMENT GOES BEYOND JUST SIMPLY IDENTIFYING A, A POTENTIAL RETAIL, YOU KNOW, YOU, YOU GO THROUGH THE DEMOGRAPHICS, YOU HAVE THE SUCCESSFUL PEOPLE IDENTIFIED, YOU MENTIONED YOU GO CREATE THE REPORT, GIVE THE REPORT TO AN ALLEN HAYDEN, AND OBVIOUSLY DISTRIBUTION THROUGH THE, THROUGH, THROUGH THE TWO BOARDS.
WHERE DOES THAT PARTNERSHIP END? YOU KNOW, WILL YOU ASSIST WITH THE CONVERSATIONS AND PLACEMENT ALL THE WAY THROUGH TO, TO ACTUALLY PHYSICALLY OPENING THE DOOR? OR IS IT YOU HAND OVER THAT NEGOTIATION? I WAS JUST, JUST TO CLARIFY.
IT'S, YES, WE, WE STAY INVOLVED WITH THE CONVERSATION.
WE DON'T GET INVOLVED WITH NEGOTIATIONS OF THE PROPERTY.
'CAUSE THAT, THAT GETS INTO THE REAL ESTATE COMMISSION.
[00:55:01]
SO WE DON'T HELP ON THE NEGOTIATIONS, BUT WE HELP ON THAT WHOLE CONVERSATION OTHERWISE.SO YOU WOULD HAVE THE, THE ESSENTIALLY A TOPOGRAPH MAP OF THE WHOLE PLACE AND YOU UNDERSTAND BEST LOCATION FOR THIS PARTICULAR COMPANY WOULD BE HERE AND, AND, AND START THOSE INTRODUCTIONS.
SO WE GUARANTEE CUSTOMIZED OUTREACH TO 30 BRANDS IN THE FIRST YEAR.
UM, USUALLY WE'LL REACH OUT TO 30 AND THEN WE'LL HAVE FIVE, LET'S JUST SAY ABOUT FIVE.
ONES ON THE HOOK THAT SAY, YES, I WANNA BE HERE IF THIS, AND THEN WE KEEP WORKING ON THAT.
AND THEN WE GO BACK TO ALL OF THEM THAT SAID, NO, NOT RIGHT NOW.
AND ABOUT EVERY SIX MONTHS HAS ANYTHING CHANGED? HAS ANYTHING CHANGED? SO WHAT YOU'LL GET IN YOUR REPORT IS YES.
UM, MAYBE, BUT NOT RIGHT NOW AND, AND ABSOLUTELY NOT
HAVE THOSE THREE CATEGORIES IN YOUR REPORT AND YOU'RE NOT LOOKING AT SPECIFIC, YOU, IT'S EVERYTHING FROM YOU MAY HAVE BRICKS AND MORTAR ALREADY BUILT TO OPEN PLOT OF LAND.
I MEAN, WE ALREADY HAVE UH, LIKE THE ONGOING PIPELINE, RIGHT? I MEAN THERE'S NO REALLY, I MEAN WE, WE CAN, THERE'S, WE CAN SHORTEN THAT TIME 18 MONTH TIMELINE BECAUSE OF AN EXISTING PIPELINE THAT WE'VE ALREADY GOTTEN FROM RETAIL COACH.
WE'D LOVE TO JUST PICK UP AND PLUG IN WHERE WE CAN.
SO WE'RE NOT STARTING FROM SQUARE ONE, I THINK IS WHAT I'M, I'M SAYING.
WE'VE GOT SOME THINGS ALREADY IN, IN MOTION.
HOPEFULLY WE JUST KEEP GOING FORWARD.
LACEY, YOU MENTIONED HOW THAT YOU WOULD HAVE THE BASE CAMP.
DO YOU SEE YOURSELF PROVIDING A MONTHLY REPORT? QUARTERLY? WHAT WORKS? WE WOULD ASK, UH, ANELLE TO MAKE THE REPORTS TO THE BOARD.
BUT YOU WOULD PREPARE THAT FOR HER? YEAH.
WE HAD TALKED ABOUT WE WOULD PREPARE IT FOR ANELLE AND THEN ANELLE WOULD OH, SO IT WOULD BE IN PERSON, BUT YOU COULD PREPARE A VERY THOROUGH REPORT.
AND SHE ACTUALLY DID SHOW ME SOME EXAMPLES WHEN, WHEN WE WERE, UM, PREPARING FOR THE PRESENTATION AND, UH, WAS SHARING WITH HER KIND OF WHAT WE'RE WANTING.
UM, AND THE, THE REPORT THAT SHE SHOWED ME HAD THE NAME OF THE RETAILER, THE RESPONSE THE LAST TIME THAT THEY SPOKE, AND THEN A PARAGRAPH THAT EXPLAINED WHY.
YES, WHAT ARE THE NEXT STEPS OR WHY NO, AND THE REASONS AND HOW DO WE ADDRESS THAT.
MM-HMM,
I'M INTERESTED IN, YOU KNOW, PICKED UP VERY QUICKLY, MY EARS PERKED UP WHEN YOU SAID SOMETHING ABOUT THE DOWNTOWN STRATEGIES.
UM, WOULD THAT BE, UH, AN ADDITIONAL CON? HOW DOES THAT WORK? OKAY.
ANY ADDITIONAL QUESTIONS? LACEY? UH, WE APPRECIATE YOU, UH, BEING HERE WITH US THIS EVENING AND FOR THE PRESENTATION, IT WAS VERY INFORMATIVE AND I'M SURE WE'LL HAVE FOLLOW UP DISCUSSIONS ON THIS AND, AND NOW CAN SHOOT YOU OUR QUESTIONS WE HAVE FROM HERE.
I APPRECIATE YOUR TIME AND ATTENTION.
WE WOULD LOVE TO PARTNER WITH YOU IF IT'S A GOOD FIT FOR YOU.
ANYTHING ELSE ON THAT ITEM? UM, YES, I JUST WANTED TO LET YOU KNOW, UM, RETAIL STRATEGIES IS ONE OF THE COMPANIES WE'RE EXPLORING, BUT WE'RE GONNA CONTINUE TO MAKE SURE WE DO OUR DUE DILIGENCE AND SEE WHAT OTHER SERVICE PROVIDERS ARE OUT THERE AND, UM, IF WE FIND SOMEONE THAT WE FEEL IS A GOOD FIT, WE'LL INVITE THEM TO PRESENT, UM, TO YOU ALL.
SO IT'S JUST, UM, AN ONGOING PROJECT, UM, THAT WE HAVE AND WE'LL CONTINUE TO CHECK REFERENCES AND ALL OF THAT.
UM, SO IN THE MEANTIME, AGAIN, IF Y'ALL HAVE QUESTIONS FOR LACEY RETAIL STRATEGIES OR HEAR OF ANY, UM, ANY OTHER SERVICE PROVIDER FOR RETAIL RECRUITMENT FROM SURROUNDING COMMUNITIES, JUST LET US KNOW AND WE'LL BE HAPPY TO, TO LOOK INTO IT.
[5. Presentation and discussion on Harris Street Reconstruction. ]
PRESENTATION AND DISCUSSION ON HARRIS STREET RECONSTRUCTION.UM, TIFFANY DAUGHTER IS HERE WITH OUR PUBLIC WORKS TEAM.
UM, AS A QUICK UPDATE, UH, TIFFANY IS GONNA SHARE WHAT, UM, SOME INFORMATION ON THE BIDS THAT WERE RECEIVED AS OF AUGUST 1ST AND WHAT THE PLAN IS THAT PUBLIC WORKS HAS, UH, LAST WEEK AT THE EDCA BOARD MEETING, UM, I WILL JUST LET Y'ALL KNOW, THE, THE BOARD VOTED TO AMEND THE FISCAL YEAR 24 BUDGET TO ACCOUNT FOR ALTERNATES A, B, AND C, UM, MINUS THE COST OF THE CONDUIT FOR A TOTAL NOT TO EXCEED $327,475.
SO, TIFFANY, WE'LL GET MORE INTO THE DETAILS AND THEN WE WILL GO FROM THERE.
UM, SO AS ANELLE SAID, WE RECEIVED, UM,
[01:00:01]
BIDS ON AUGUST 1ST FOR HARRIS STREET.WE, WE RECEIVED FIVE RESPONSES, UH, WITH ONE OF THOSE BEING CONSIDERED NON-RESPONSIVE.
UM, IT IS, SINCE IT'S NOW, UM, PUBLIC KNOWLEDGE AT THE TIME OF, UM, THE, THE TIME OF THE LAST MEETING WITH EDCA, WE COULDN'T DISCUSS AS FAR AS SPECIFIC NAMES OR ANYTHING.
BUT SINCE THE COUNCIL PACKET HAS BEEN POSTED, UM, THE APPARENT LOW IS DG MEDINA CONSTRUCTION.
UM, THE, THEIR BASE BID PRICE CAME IN BELOW THE BUDGET OF, UH, 3,080,000.
UM, THEIR PRICE WAS, UH, $3,019,845.
UM, SO AT THE TIME OF LAST WEEK WE WERE COMING, UM, TO JUST SHARE THAT UPDATE AND, UM, OUR ACTION WAS GOING TO BE TO COUNSEL TO RECOMMEND, UM, APPROVING THE BASE BID, UM, WITH NO ALTERNATES BASED OFF OF THE FUNDING.
HOWEVER, THROUGH DISCUSSION, UM, AT THE EDCA MEETING LAST WEEK, UM, IT WAS VOTED ON FOR THE ALTERNATES, UH, SOME OF THE ALTERNATES TO BE CONSIDERED, WHICH ARE, UM, YOU KNOW, IF YOU REMEMBER THE, UM, ALTERNATES WERE PACKAGED IN A WAY THAT THEY WERE SET AS ALTERNATES BECAUSE THOSE WERE THINGS THAT WERE NOT IN THE ORIGINAL SCOPE OF THE PROJECT.
UM, SO AFTER THOSE WERE ASKED, WE ADDED THOSE IN SO THAT THEY, WE HAD THE ABILITY TO OBTAIN PRICING, AND IF THERE WAS THE FUNDING AVAILABLE, THEN THEY COULD BE CONSIDERED FOR AWARD.
UM, SO ONE OF THE ALTERNATES, ALTERNATE A IS FOR THE STREET LIGHTING WITHIN THE PLAZA AND, UH, ALTERNATE B IS FOR STRING LIGHTING WITHIN THE PLAZA, YOU CANNOT AWARD, UM, ALTERNATE B WITHOUT ALTERNATE A AS THE STRING LIGHTING IS ATTACHED TO THE POLES FOR THE STREET LIGHTING.
UM, ALTERNATE C IS FOR STREET LIGHTING OUTSIDE OF THE PLAZA.
AND THEN ALTERNATE D WAS A, UM, OWNER'S CONTINGENCY.
AND, UH, ALTERNATE E WAS THE, UM, INSTALLATION OF THE VARIOUS FURNISHINGS OF THE OWNER PROVIDED ITEMS. UM, SO WHAT THAT MEANS IS THAT ANY BENCHES, BIKE RACKS, UM, ALL OF THAT, WE WOULD HAVE TO PURCHASE THOSE OUTSIDE OF THE CONTRACT.
WE DID THAT IN A WAY, UH, IN AN EFFORT TO SAVE MONEY.
AND, UM, SO AFTER THE EDC MEETING, UM, IT WAS DECIDED THAT WE WOULD CONSIDER ALTERNATES A THROUGH D AND NOT E.
UM, WE WOULD THE CITY STAFF, UM, SPECIFICALLY MY TEAM WOULD DO EFFORTS THAT IF THERE WAS FUNDING TO BE ABLE TO PURCHASE THE BENCHES AND BIKE RACKS AND THOSE THINGS, ONCE IT WAS AVAILABLE TRASH CANS, WE WOULD JUST INSTALL THOSE, UM, WITH MY TEAM LABOR VERSUS, UM, HAVING THE CONTRACTOR INSTALL THOSE.
SO ALTERNATE, JUST TO CLARIFY, ALTERNATE D WAS PUT IN BY THE CITY AS PART OF THE, THE, UH, THE RFQ.
IS THIS PART OF THE BID PROCESS? YES, WE PUT IN A PACKAGE FOR OWNER'S CONTINGENCY.
HOW HIGH IS THE CONTINGENCY NOW? WAS THE TOTAL CONTINGENCY? 75,000.
ON THE, SO A IS THE STREETLIGHTS ON THE PLAZA, B IS THE STRING LIGHTS IN THE PLAZA.
C IS THE STREETLIGHTS OUTSIDE THE PLAZA, AND D IS THE, WHAT WAS D CONTINGENCY? THE, OKAY.
ALRIGHT, SORRY, I MISSED THAT.
AND THEN ON E THAT'S THE BENCHES AND THE TRASH CANS AND THOSE, UH, OTHER TYPES OF AMENITIES, IT WAS THE LABOR FOR THE INSTALLATION OF THOSE? YES.
ON THOSE WITH THE, IF WE, WITH THE BASE BID AND ALL THE, THE A, B AND C, WILL EVERYTHING BE IN PLACE WHERE ALL OF THESE, UM, AMENITIES CAN BE INSTALLED OR DOES THERE HAVE TO BE A LOT OF MORE PREPARATION? LIKE WILL THE CONCRETE PADS WHERE THE BENCHES SIT, WILL THAT BE PART OF THE BASE PROJECT? WE WOULD JUST PUT THEM, UH, TO THE PAD, NOT, WE WOULDN'T HAVE TO BUILD A SEPARATE PAD FOR IT.
AND THEY WERE ALREADY DESIGNED WHERE THEY WERE, YOU KNOW, PLANNED TO GO.
WELL, I JUST DON'T WANT TO SEE LIKE THE ROAD CONSTRUCTED AND THEN OUR CREWS COME BACK AND START TRYING TO POUR ADDITIONAL CONCRETE OR HAVE TO DIG SOMETHING UP THAT WHERE THE CONTRACTOR'S ALREADY, UM, YOU KNOW, MANICURED IT AND IT LOOKS NICE.
OTHER QUESTIONS? WHY WAS YOUR INITIAL RECOMMENDATION WITHOUT THEM, WITHOUT THE, IN THE, THE ALTERNATIVES? WHY WAS YOUR RECOMMENDATION AND WHY, SO WHY DID YOU PROPOSE THE BASE AND NOW ARE IN FAVOR OF THE INCENTIVES? I KNOW THAT A DC A'S COMMENTS AND DISCUSSION, BUT WHY WAS Y'ALL'S RECOMMENDATION JUST THE BASE? THAT WAS WHAT WE HAD FUNDING FOR AND THAT WAS THE ORIGINAL SCOPE OF THE PROJECT.
UM, THE ALTERNATES WERE ADDITIONAL ITEMS THAT WERE ASKED FOR, UM, AND WE DIDN'T HAVE THE FUNDING FOR IT.
UM, WITH IT BEING THE TIME OF YEAR THAT IT IS, UH, WITH US BEING NEAR OUR END OF THE YEAR, UM, AND NEW BUDGETS ALREADY BEING POSTED
[01:05:01]
AND STUFF, WE THOUGHT IT WOULD KIND OF POSE SOME COMPLICATIONS.UM, BUT A, A ANELLE HAD CREATED THE AGENDA FOR BOTH BOARDS, I BELIEVE, TO, UH, BE ABLE TO DO THAT IF THAT WAS THE DESIRE.
UH, SO THAT'S EDCA WANTED TO SEE THOSE HAPPEN.
AND SO, UM, THAT'S UP TO EDCB.
NOW,
AND SO THESE ARE KIND OF LIKE, IN MY OPINION, ICING ON THE CAKE.
I MEAN, YOU DON'T HAVE TO HAVE THOSE FOR THE ROAD TO FUNCTION, BUT IF WE CAN GET 'EM, THAT'S GREAT.
BUT WELL, WELL, I, I, I THINK IT WAS IMPORTANT THAT WE WERE STAYING WITHIN BUDGET.
I THINK THAT WAS AN IMPORTANT FOCUS.
AND PART OF THIS WAS THAT WE WERE STAYING IN BUDGET AND THEN WE, WE GOT, YOU KNOW, WE SAW THIS NICE PRETTY THING ON THE WALL OVER HERE AND SAID JUST A LITTLE BIT MORE, JUST A LITTLE BIT MORE, UM, I'M KIND OF A GUY THAT LIKES TO STAY IN BUDGET.
SO, UM, AND, AND I KNOW THE, THE DOWNSIDE OF SCOPE CREEP, YOU KNOW, THIS IS SCOPE CREEP TO ME.
UM, SO, UH, I JUST, I, I, I WANTED TO GET YOUR OPINION ON IT, AND I THINK THAT THAT WAS IMPORTANT TO SAY IS THAT WHAT WE WERE TRYING TO STAY IN BUDGET, AND I THINK THAT'S A VERY IMPORTANT THING.
SO, UM, THANK YOU FOR SAYING THAT.
I THINK THAT IS A GREAT POINT, MARK.
UM, I THINK, AND FOLLOW ON FROM THAT, WE FOCUS ON THE BUDGET ON, ON AND FOLLOW ON FROM THAT.
I MEAN, THE, THE, THE COMPANY THAT WAS THE LOWEST BIDDER, DID THEY PROVIDE EVIDENCE OF OTHER JOBS COMPLETED TARGET, TARGET VERSUS, YOU KNOW, ACTUAL VERSUS PLANNED? WE REQUIRE THAT THE, UM, ENGINEER THAT'S DESIGNED THE PROJECT DO REFERENCE CHECKS AND, UM, VERIFY THAT THEY HAVE COMPLETED WORK.
UM, AND THEY, THE ENGINEER WRITES A LETTER OF RECOMMENDATION FOR THAT COMPANY THAT THEY'RE GOING TO, THEY PROVIDE THAT TO THE CITY TO RECOMMEND THE COMPANY.
AND THEY DID DO REFERENCE CHECKS.
SO WE HAVE EVIDENCE OF, YOU KNOW, YES, OKAY, YES, WE CHOOSE THE CHEAPEST AND WE GET THROUGH THE LINE CONTRACT SIGNED, AND THEN SUDDENLY WE FIND THIS GROWTH.
THE ENGINEER HAS DONE THE DUE DILIGENCE AND FOUND THAT THEY HAVE COMPLETED WORK.
UM, ONE OF, I BELIEVE IT WAS THREE PROJECTS THAT THEY HAVE WORKED ON WITH ANOTHER ENGINEERING FIRM THAT WE'RE WORKING ON, ON A WASTEWATER PROJECT.
UM, AND THERE WAS NOTHING THAT WAS SHARED THAT PROVED THAT THEY WERE NOT ELIGIBLE TO DO THE WORK.
SO WITH THE, WITH THE AMENDMENTS, WITH THE ADDITIONAL SCOPES, UM, YOU KNOW, SOMETIMES THAT I FIND, YOU KNOW, THERE FOR A BIG LARGE SCALE PROJECT LIKE HARRIS STREET IS YOU HAVE CONTRACTORS THAT CAN DO THAT, AND YOU ONLY HAVE A LIMITED NUMBER OF CONTRACTORS THAT COULD REALLY DO THAT SCOPE OF WORK.
DO YOU THINK THAT THERE'S AN INCREASED NUMBER OF PEOPLE THAT COULD DO THE AMENDED SCOPES OF WORK OVER TIME AND THEREFORE WE MIGHT GET A BETTER PRICE BY BIDDING OUT THE SMALLER SCOPES TO MORE VENDORS? OR IS THAT NOT, IS THAT NOT THE CASE? DO YOU THINK THAT EVEN THESE AMENDED PORTIONS OF THE WORK, YOU KNOW, NOT GONNA BE AVAILABLE FOR A MEDIUM SIZED VENDOR VERSUS A LARGE SCALE VENDOR, WHICH IS WHAT WE NEED, UH, YOU KNOW, SERVICE PROVIDER FOR A HARRIS STREET TYPE PROJECT? IT REALLY DEPENDS.
SOME, SOME GENERAL CONTRACTORS, UM, HAVE A WIDER, A WIDER RANGE OF WORK THAT THEY WILL COMPLETE IN-HOUSE WITH THEIR STAFF, UM, VERSUS WHAT THEY WILL SUB OUT.
AND SO IT, EACH CONTRACTOR IS DIFFERENT IN WHAT THOSE THINGS THAT THEY WILL SUB OUT.
UM, SO IT'S REALLY KIND OF A GAMBLE.
SOMETIMES YOU CAN BE SUCCESSFUL WITH THAT.
UM, BUT, BUT ALSO TO CONSIDER IN THAT, UM, IF WE WEREN'T TO AWARD THOSE THINGS AND THEN WE TRY TO PACKAGE THAT OUT INDIVIDUALLY AND PUT THAT OUT FOR BID, THERE'S A LOT OF LABOR, A LOT OF STAFF TIME THAT GOES INTO THAT.
UM, THOSE ADDITIONAL AWARDS, UH, MANAGING ALL OF THOSE ADDITIONAL SMALL CONTRACTS, UM, ALL OF THAT ADDS UP TO MONEY.
BUT WE DID, YOU KNOW, I, I FORGOT TO MENTION IN THE BEGINNING, YOU KNOW, THE LAST TIME THAT WE BID THIS OUT, WE ONLY HAD ONE RESPONDENT.
UM, THAT PERSON ALSO DID RESPOND, BUT UM, WAS NOT THE LOW.
THEY WERE A HIGHER, UM, ACTUALLY HIGHER THAN THEIR LAST BID.
UM, SO, UH, BUT YOU KNOW, WE DID DIFFERENT DUE DILIGENCE TO, YOU KNOW, WHAT YOU'RE SAYING IS KIND OF BRANCH THAT OUT A LITTLE FURTHER AND TRY AND GET GOOD RESPONDENTS.
TOMMY HELPED US BY SHARING WITH A LOT OF DIFFERENT, UH, CONTRACTORS THAT HE HAD WORKED WITH IN THE PAST.
UM, AS WELL AS, UM, WE WERE ABLE TO WORK WITH OUR PURCHASING DEPARTMENT TO POST THIS ON A PLATFORM THAT IS VERY COMMON IN THE CONSTRUCTION INDUSTRY.
AND THAT'S REALLY WHAT PULLED THROUGH HERE.
UM, IT'S NOT SOMETHING THAT THE CITY HAS REALLY PREVIOUSLY DONE,
[01:10:01]
BUT IT'S VERY COMMON AND IT'S WHERE A LOT OF THE GENERAL CONTRACTORS ARE, UM, GO TO FOR THEIR BIDS.AND SO IT REALLY SHOWED SUCCESSFUL HERE FOR US TO BE ABLE TO GET FIVE RESPONSES.
I DID FIND OUT I HAD ONE TYPO IN ONE OF THE PERSON'S EMAIL ADDRESSES, SO WE'LL ADD ONE MORE TO THAT LIST NEXT TIME.
SO ALTERNATIVE E IS ALL FOUR OF THOSE ITEMS AND THE LABOR, IT'S ONLY FOR THE LABOR WE WOULD STILL HAVE TO PURCHASE THE ITEMS OUTSIDE.
UM, SO MY GOAL WOULD BE THAT, UM, WE ARE SUCCESSFUL IN NOT UTILIZING THAT OWNER'S CONTINGENCY, UM, AND OR NOT USING ALL OF IT.
AND AS WE GET CLOSER TO THE END OF THE PROJECT, UM, WE WERE GONNA PURCHASE THOSE ITEMS THROUGH A COOPERATIVE, WHICH IS WHY THEY WEREN'T INCLUDED IN THE BASE, BECAUSE THAT SAVED MONEY ON THE CONTRACTOR'S OVERHEAD AND MARKUP.
AND, UH, SO WE WOULD WORK THROUGH SOME COOPERATIVES TO BE ABLE TO PURCHASE THOSE.
ANY IDEA WHAT THAT LOOKS LIKE, NUMBER WISE? UM, I GOT A PRICE ON, ON THE BOLLARDS THAT IS, UH, I THINK IT'S 18,000.
THE, UH, WE RECEIVED FOR THE NUMBER OF, UM, BENCHES THAT WERE SCOPED ORIGINALLY, UM, IT WAS OVER 50,000.
UM, WE WOULD NOT BE ABLE TO DO THAT, BUT, UM, IT REALLY, THE BALLARDS ARE IMPORTANT.
UM, THE BENCHES WILL BE IMPORTANT, BUT YOU KNOW, LIKE FOR TRASH CANS UNTIL IT'S REALLY UTILIZED, WE CAN, IF THERE IS AN EVENT OUT THERE, WE CAN WORK WITH, UM, GFL TO HAVE THE TEMPORARY TRASH CANS PUT OUT SO THAT WE CAN USE THOSE FOR AN EVENT AND STUFF.
BUT, UM, YOU KNOW, SO THAT WE CAN STRATEGICALLY PLACE THOSE AS, UH, FUNDING ALLOWS AND AS IT BECOMES USABLE.
I HAVE A QUESTION ABOUT HOW IT'S FUNDED.
IS IT JUST, HOW DOES THAT, HOW DOES THAT WORK? I KNOW IT'S KIND OF A GENERAL QUESTION, BUT WHEN THE CONSTRUCTION STARTS, LIKE HOW DO WE START, HOW DO WE PAY THE, UH, THE VENDOR WHEN THE CONTRACTOR YES.
WHEN, WHEN THEY START CONSTRUCTION.
SO WE HAVE A PROCESS WITH THEM.
WE, ONCE THE, UM, TOMORROW NIGHT, IT'LL BE PRESENTED TO COUNSEL.
IF COUNSEL APPROVES IT, DEPENDING ON Y'ALL'S ACTION TONIGHT, UM, AS WELL.
THEN, UH, WE WORK WITH THE CONTRACTOR.
THEY HAVE TO PROVIDE SOME FINAL DOCUMENTS.
UH, WE ISSUE AN NTP ONCE WE START CONSTRUCTION, THEN THEY HAVE A MONTHLY PAY APPLICATION THAT THEY HAVE TO PROVIDE, UM, TO US.
AND THEN WE HAVE TO, THE ENGINEER HAS TO SIGN IT, THE CONTRACTOR HAS TO SIGN IT, UH, THE INSPECTOR, OUR INSPECTOR HAS TO REVIEW IT AND APPROVE IT, AND THEN WE APPROVE IT.
SO THERE'S SOME TYPE OF CONTROL ON THAT, RIGHT? FOR SURE.
UM, YOU KNOW, IT'S A BIG PROJECT AND I COMPLETELY AGREE WITH, WITH, WITH MARK WHAT HE SAID, BUT I MEAN, THIS IS THE TRANSFORMATIVE PROJECTS THAT WE LOOK FOR, RIGHT? THIS IS IN THE OLD STRATEGIC PLAN OR THE CURRENT ONE, BUT THAT'S OLD.
UM, AND THAT'S ONE OF THOSE, IT'S ONE OF THOSE THINGS THAT IT'S A LOT OF MONEY, IT'S OVER BUDGET, BUT WHO ELSE IS GONNA DO IT? YOU KNOW, CITY'S NOT GONNA DO IT FALLS ON US AND EDCA TO, UH, MAKE A, HAVE, START A TRANSFORMATIVE PROJECT.
WELL, IT'S NOT, IT'S NOT REALLY OVER BUDGET BECAUSE PROJECT HASN'T STARTED.
UM, THE BIDS CAME IN WELL OVER WHAT WAS BUDGETED BASED ON THE ENGINEERING DESIGN.
SO AT NO FAULT OF ANYONE OPERATING THE PROJECT OR ANY OF THOSE SORTS OF THINGS THAT ARE LACK OF CONTROL, LACK OF THESE SORT OF THINGS.
WE, WE, WE COMMITTED LESS FUNDS THAN, THAN WHAT IT TURNED OUT TO BE.
AND I THINK WE'RE ALL, AND IT'S, IT'S A BIG PROJECT AND IT'S EVEN, IT'S GONNA BE AN BIGGER PROJECT, UH, BASED ON THESE NUMBERS, BUT I DON'T KNOW IF THAT MEANS WE SHOULDN'T DO IT, YOU KNOW WHAT I MEAN? EDCA IS ALREADY ON BOARD.
UM, I THINK THESE WERE THE, ONE OF THE BETTER PARTS OF THE, UH, OVERALL PROJECT, THE LIGHTING, I THOUGHT.
SO, UM, I MEAN, WHAT, WHAT ARE YOUR THOUGHTS, JOEL? I MEAN, I'D LIKE TO KNOW.
I MEAN, I THINK THE, I MEAN, WE
WITH EVERY PROJECT THAT WE HAVE OUT THERE, IT'S JUST GONNA GET MORE EXPENSIVE.
SO I THINK WE, AT LEAST WE WERE SUCCESSFUL IN GOING BACK AND RE ASKING FOR BIDS AGAIN WITH A LOT OF WORK TO BE ABLE TO GET MORE THAN ONE RESPONDENT.
SO AT LEAST WE HAD SOME CHOICES.
UM, I MEAN, I DON'T KNOW HOW MUCH THE CONDUIT WAS, BUT I GUESS YOU'RE LOOKING FOR US TO, UH, APPROVE FUNDING AN ADDITIONAL $327,475, WHICH IS HALF OF THE
[01:15:01]
A, B, C AND D MINUS CONDUIT.SO, UH, FOLLOWING A BOARD'S DECISION, UH, PUBLIC WORKS, TIFFANY, UM, SHARON, THE DIRECTOR OF DEPARTMENT DOC FINANCE, WE ALL MET AGAIN, AND THEY ARE ESTIMATING THE CONDUIT TO BE $82,000.
SO TONIGHT, IF YOU WOULD LIKE TO MOVE FORWARD AND FUND THAT HALF, WHICH WOULD BE GREAT TO GET THE PROJECT STARTED, GET THE BID AWARDED, UH, AT COUNCIL TOMORROW NIGHT, UM, AND HOPEFULLY, YOU KNOW, HAVE OUR GROUNDBREAKING, UM, THE MOTION ON THE NEXT ITEM WOULD BE TO APPROVE 286,500 ADDITIONAL DOLLARS.
THAT'S THE HALF OF ALTERNATE A, B, AND C MINUS THE ESTIMATED COST OF THE CONDUIT.
AND I DID, UM, SPEAK WITH DAN AND CHARLIE, OUR, UH, LEGAL COUNSEL TO SEE WHAT THE BEST WAY TO GO ABOUT THAT IS.
AND, UM, THEY RECOMMENDED JUST AN AMENDMENT TO THE FY 24 BUDGETED AMOUNT.
SO THEN THAT WOULD JUST CARRY OVER, WHICH IS WHAT THE NEXT ITEM IS.
AND THEN, UM, PROJECT START IN COMPLETION.
CAN YOU REMIND US OF WHAT THAT IS, OR HAS THAT CHANGED? SO ONCE WE, UM, IF IT'S AWARDED TOMORROW NIGHT BY COUNSEL, THEN THEY HAVE 10 BUSINESS DAYS TO PROVIDE THE FINAL DOCUMENTS TO PURCHASING FOR THEM TO BE ABLE TO ISSUE A PO.
AT THAT POINT, WE DO A PRE-CONSTRUCTION MEETING AND DETERMINE THE NOTICE TO PROCEED.
SO I WOULD ANTICIPATE IN THE NEXT MONTH US BEING ABLE TO ISSUE A NOTICE TO PROCEED.
UM, AND THEN THE CONSTRUCTION DAYS WERE, UH, 300 FOR FINAL 270 FOR SUBSTANTIAL.
SO I JUST WANNA MAKE SURE I UNDERSTAND THIS BEFORE WE MAKE A MOTION, OR I VOTE FOR A MOTION.
SO THE TOTAL OF A, B, C, AND D MM-HMM,
NO, THE TOTAL OF ALTERNATE A, B, AND C IS $654,950.
AT THE TIME THAT A BOARD MADE THEIR MOTION TO FUND UP TO $327,475, WE DIDN'T HAVE AN ESTIMATE FOR WHAT THE CONDUIT WOULD BE.
AND THE CITY WAS, UM, COMMITTED TO FUNDING THE CONDUIT PORTION OF THE ALTERNATES.
SINCE THEN, THAT 82,000, WHAT WAS, WAS WHAT WAS ESTIMATED.
SO IT'S THE HALF OF THE TOTAL AMOUNT MINUS THE CONDUIT.
SO 6, 650 4,950, 950 WAS THE TOTAL OF ALTERNATE A, B, AND C.
SO HALF OF THAT MM-HMM,
AND I, I THINK THAT THE NUMBERS 2 86, 4 75, BUT FINANCE JUST REQUESTED US TO ROUND UP TO THE 4 75 TO $500.
SO THAT'S THE LITTLE DIFFERENCE THERE.
JUST TO CONFIRM THAT, WHEN YOU SAY CONDUIT, THAT'S ALL THE CONDUIT THAT WE'VE TALKED ABOUT BEING NOT JUST THE ELECTRICAL ALSO FOR, 'CAUSE WE, WE TALKED PREVIOUSLY ABOUT POTENTIAL EVENTS AND SPEAKER CONDUIT, COMMUNICATIONS CONDUIT, IT'S NOT JUST THE LATERAL CONDUIT.
RIGHT? SO THE, THE COMMUNICATIONS CONDUIT, WHICH IS IDEALLY FOR FIBER AND THE ELECTRICAL CONDUIT ARE BOTH DESIGNED.
UM, BUT BECAUSE WE ASKED THE FIRM TO SPLIT OUT, UM, THE LIGHTING, THEY PUT THE CONDUIT WITH THE LIGHTING AS FAR AS IN THE ALTERNATE.
SO THAT'S WHY THE CITY HAS COMMITTED TO TAKE OUT THAT 82,000 TO BE ABLE TO PUT PAY FOR THE CITY TO PAY FOR THE ELECTRICAL CONDUIT.
BUT THE FIBER, THE COMMUNICATION CONDUIT IS ALREADY IN THE BASE.
I THINK WHAT, WHAT WE WERE REFERRING TO IS THE, SAY FOR INSTANCE, THE SPA.
THIS SPACE IS GONNA BE USED IN FUTURE FOR VARIOUS DIFFERENT EVENTS THAT CONDU WOULD BE RUN FOR, LIKE SPEAKERS FOR STAGE.
ALL OF THAT STUFF IS RUN ONCE, NOT JUST YEAH.
COMM, YOU KNOW, NOT JUST THE FIBER.
AND WE WERE TOLD YES, THAT'S INCLUDED.
YES, THE ELECTRICAL IS INCLUDED IN THE, IT'S NOT ELECTRICAL.
I JUST WANTED TO COMMENT THAT.
UH, I THINK THAT, YOU KNOW, THE FIRST TIME WE TOOK BIDS, WE HAD ONE BIDDER, IT WAS GENERALLY STATED, BUT WANTED TO STATE IT AGAIN, AND WE WENT BACK TO THE MARKET NOT KNOWING WHAT PRICES WERE AND HOW THEY MAY HAVE ESCALATED.
SO I THINK, DID WE END UP, HOW MANY BIDDERS DID WE END UP WITH? FIVE.
SO, YOU KNOW, I THINK THAT THAT GAVE US SOME GOOD BASIS OF WHERE THE MARKET IS AT, UH, IN SOME LEVEL OF CONFIDENCE.
[01:20:01]
AND WANT TO THANK TIFFANY FOR HELPING US WORK THROUGH THIS PROCESS.THIS WILL, I THINK THIS WILL BE THE CITY'S FIRST ROADWAY CONSTRUCTION PROJECT, LIKE SIGNIFICANT CONSTRUC BESIDES LIKE ASPHALT OVERLAY.
THIS WILL BE THE FIRST THEY'RE DOING WATER AND SEWER, BUT I DON'T THINK THE CITY'S DONE A ROADWAY PROJECT.
UM, BACK, BACK TO THE TIMELINE.
RIGHT? I MEAN, I WAS TRYING TO DO THE ADDITION TO MY, ME AND JOEL ARE DOING MATH CALCULATIONS UP HERE.
IT'S, IT'S JULY, RIGHT? 10 MONTHS FROM THE START.
IF YOU HAD TO GUESS JULY OR JUNE.
JAMES, WE CAN ALWAYS SEND IT TO YOU.
IT IS NINE, 10 MONTHS IS JUNE AND JULY OF NEXT YEAR.
WE DO IT ALL END DAYS AND BASED OFF OF WHEN WE DO THE AWARD.
AND THEN THE CONTRACTOR AGAIN, MEDINA, DG MEDINA IS THE PROPOSED.
DO YOU WANNA ASK ABOUT THIS? UH, UH, CAN YOU GO OVER THE NUMBERS ONE MORE TIME? I THINK WE'RE, WE'RE BOTH DOING THE, THE MATH UP HERE.
WE'RE, WE'RE, WE'RE, WE'RE HAVING YOU, YOU WANT TO PROVE 2 86 500, RIGHT? THAT'S RIGHT.
HOW DO YOU GET THERE? AGAIN, IT'S THE 600 OF THE A, B, AND C MINUS THE 82,000, THEN DIVIDED BY TWO AND ROUND IT UP AND ROUNDED UP AT THE REQUEST OF FINANCE.
SO, SO ABOARD IS, IS PICKING UP MORE 'CAUSE THEY APPROVED MORE, THEY'RE NOT, THE MOTION WAS UP TO, BECAUSE AT THAT TIME WE DIDN'T KNOW, UM, WHAT THE ESTIMATED COST OF THE CONDUIT WAS, AND SO WE COULDN'T SUBTRACT IT.
SO THEIR MOTION WAS UP TO 3 27.
BUT IT'S ACTUALLY RIGHT NOW IN THE BUDGET AS THE AMENDMENT STANDS FOR A BOARD, IT'S GONNA BE 2 86 5.
IF ANYTHING WERE TO CHANGE, WHAT COULD A BOARD LEGALLY, I LEGALLY, COULD THEY CHANGE THEIRS TO TAKE MORE IF SOMETHING WERE TO CHANGE IN THE FUTURE? UH, LIKE AN ANOTHER REQUEST TAKEN IN OCTOBER? YEAH.
LIKE LITERALLY ANYTHING LIKE IT.
WOULD THEY HAVE THE ABILITY TO JUST DO ANOTHER AMENDMENT? WHAT'S THEIR TEMPERATURE ON THAT? THEY COULD, YES.
THEY WOULD YOU THINK COULD REMEMBER TYPE A TYPE BASED INFRASTRUCTURE, RIGHT? MM-HMM.
SO THERE'S A DIFFERENCE BETWEEN THE BOARDS, THAT'S WHY I ASK.
I DON'T KNOW IF WE HAVEN'T, I HAVEN'T HAD A DISCUSSION WITH THEM IN A WHILE, SO, MM-HMM,
I SEE JOEL'S CALCULATOR SAYS 2 86, 4 75.
SO I THINK THE NUMBERS ARE CHECKING OUT.
AND FINANCES JUST ASKED THEM FOR PROCESS.
IT'S EASIER TO ROUND THAT WE TWO CALCULATED IT 3, 2 86, 500 CALCULATING MONTHS TO JAMES' POINT, LIKE ON OUR MOTION WE COULD FUND UP TO, I GUESS, WOULD THAT WORK? SO THE REQUEST FROM STAFF ALL DEPARTMENTS TOGETHER IS FOR THE MOTION TO BE 2 86 500.
AND IN APRIL, MAKE A QUESTION, AND TIFFANY AND I HAVE, HAVE, UH, TALKED ABOUT, UM, YOU KNOW, GETTING THE PRICES FOR THE BALLARD FROM THE BIKE RACKS AND THE BENCHES, BUT WE JUST WANNA GET THE BID AWARDED, GET THE PROJECT STARTED, WE CAN WORK ON THAT AND WE CAN COME BACK TO YOU IN OCTOBER OR NOVEMBER AND REQUEST FUNDING TO PURCHASE THE BENCHES.
SO IF Y'ALL WOULD LIKE TO REALLY JUST A HUNDRED PERCENT TAKE CARE OF THAT.
ANOTHER THING THAT WE TALKED ABOUT WAS SIGNAGE FOR THIS PROJECT.
WAS THERE GONNA BE ANY SIGNAGE? DID YOU WANNA DO ANY SIGNAGE FOR IT? I KNOW YOU MENTIONED THAT EARLIER.
DO YOU MEAN A PROJECT SIGN OR SOMETHING SPECIALLY DIFFERENT? UH, WELL ACTUALLY, OH, ARCHWAY.
WE, I FORGET THE SIGN, JENNIFER.
IT WAS, IT WAS SOMETHING THAT YOU MENTIONED.
WELL, I MEAN, LIKE, SOMETHING THAT I'VE SEEN BEFORE, LIKE IN, UM, COLORADO AND STUFF LIKE THAT, LIKE WHERE THEY MAKE THEIR ROAD CONSTRUCTION SEEM LESS PAINFUL.
IT'S LIKE, YOU KNOW, PARDON, OUR DUST GROWTH IS A MUST, YOU KNOW, SOMETHING LIKE THAT, THAT KIND OF IS ENCOURAGING.
HEY, WE'RE DOING SOMETHING GOOD HERE.
WE'RE NOT TRYING TO WRECK YOUR LIVES BETWEEN 14, 16, 3, AND ALL THE CONSTRUCTION WE'RE SURROUNDED AROUND.
SO, YOU KNOW, WE, WE TALKED ABOUT DOING SOMETHING LIKE THAT AND, AND MAYBE, SO WE'VE CREATED A STANDARD ON OUR SIDE, UM, WHICH IS COMMON FOR CAPITAL PROJECTS, UM, THAT IDENTIFIES BASICALLY WHO THE OWNER OF THE PROJECT IS, THAT IT'S A CITY PROJECT, RIGHT? SO IF THERE'S ANY ISSUES, THEY KNOW WHO TO CONTACT.
UM, IT'LL SAY WHO THE DESIGN TEAM IS, WHO THE CONSTRUCTION TEAM IS.
UM, TYPICALLY THEY, THEY, UH, YOU KNOW, OUR LOGOS WILL BE ON THERE.
IT TYPICALLY WILL SAY, UH, COUNCIL MEMBERS' NAMES.
UM, AND BECAUSE THIS IS AN EDC PROJECT WE HAVE DESIGNED BY, WE, I GIVE CLIFF BACK THEIR CREDIT 'CAUSE I DID A VERY SIMPLE VERSION AND HE TOOK IT IN CAD AND MADE IT BETTER.
UM, SO, UH, IT WILL HAVE EDCS LOGO ON IT, AND IT WILL HAVE THE
[01:25:01]
EDC MEMBERS FOR A AND B.UM, AND IT'LL GIVE SOME INFORMATION ON THERE.
UM, AND THEY'LL BE, WE WE'RE GONNA MAKE IT IN-HOUSE IN AN EFFORT TO SAVE MONEY.
UM, AND WE WILL HAVE THAT UP ONCE CONSTRUCTION STARTS.
SO A LITTLE MORE THAN, UH, WHAT, UH, FORT BEND COUNTY, UH, PRECINCT COMMISSIONERS PUT UP THE BIG WHITE SIGN THAT SAYS YOUR TAX DOLLARS AT WORK AND SO FORTH AND SO ON.
BUT, SO THAT MAKES IT A TOTAL OF $1.8 MILLION THAT WE'RE FUNDING.
BUT THE, BUT THE 2024 VERSION IS ALREADY, UH, THAT'S RIGHT, JOEL.
SO THE, THE BUDGETED AMOUNT FOR FY 24, THE 1,000,540, UH, WOULD JUST BE AMENDED TO ADD THE 2 86 5 MM-HMM.
WE'RE ONLY GONNA APPROVE THE 2 86.
WE'VE ALREADY APPROVED THE OTHER RIGHT.
UH, THAT'LL BE THE NEXT ITEM, RIGHT? SO
LET'S GET THAT NEXT ITEM IF EVERYBODY'S OKAY.
[6. Discussion and possible action on FY24 budget amendment. ]
TO ITEM SIX, DISCUSSION AND POSSIBLE ACTION ON THE FY 24 BUDGET AMENDMENT.MR. BUSIER, SO YOU HAVING TO MODIFY THE, THE COMMENTS HERE IN THE, IN THE NOTES, 'CAUSE HE MENTIONED 3 27, 4 75, WHICH IS WRONG.
IT'S JUST, NO, I THINK WE'RE ALL ON THE SAME PAGE.
YEAH, IN THE, SO WHEN YOU'RE GONNA GO, OKAY, FOR THE NEXT MEETING, YOU'D HAVE TO UPDATE THIS, SO THEN YOU CAN APPROVE IT FOR THE MINUTES.
I THINK IT'S SHOWING WHAT, UH, A WHAT ABOARD APPROVED.
YEAH, THAT'S LAST WEEK FOR ABOARD.
UM, I'LL MAKE A MOTION TO APPROVE, UH, OR TO VOTE ON, UH, THE BUDGET AMENDMENT FOR 286 THOU $286,500 FOR THE BUDGET AMENDMENT FOR HARRIS STREET PROJECT.
SECOND MOTION'S BEEN MADE AND SECONDED.
ANY FURTHER QUESTIONS? ALL THOSE IN FAVOR SAY AYE.
WE APPRECIATE IT AND WE LOOK FORWARD TO, UH, GETTING THIS KICKED OFF SOON.
ALRIGHT, THANK YOU TIFFANY, FOR ALL YOUR WORK.
[7. Consideration and possible action on amendment to the adopted FY25 Corporation budget (701). ]
SEVEN IS CONSIDERATION AND POSSIBLE ACTION ON AMENDMENT TO THE ADOPTED FY 25 CORPORATION BUDGET 7 0 1.I'M GONNA GIVE THEM JUST A MINUTE 'CAUSE I DON'T WANT IT TO GET CONFUSING.
UM, SO THIS ITEM SEVEN IS AN AMENDMENT TO THE FY 25 BUDGET THAT YOU'VE APPROVED, BUT STILL HAS YET TO BE FINALLY APPROVED BY COUNSEL.
UM, AND THIS IS ON HERE BECAUSE AT OUR LAST MEETING WITH A BOARD, WHEN IT WAS TIME TO ADOPT THE FINAL BUDGET, THEY ADOPTED IT WITH, ADOPTED IT WITH THIS CHANGE, WHICH WAS TO BASICALLY REINSTATE THE LINE ITEM OF TARGETED INCENTIVES IN THE AMOUNT OF $50,000 FOR SUPPORT OF SMALL BUSINESS.
UM, THAT WAS A LINE ITEM THAT WE HAD HAD ON THE BUDGET, I THINK THE LAST THREE YEARS, BUT HAD NEVER BEEN USED.
AND SO IN AN EFFORT TO, YOU KNOW, KEEP THINGS, UM, CLEAN AND STRAIGHTFORWARD AND SIMPLE, WE HAD INITIALLY RECOMMENDED TO BOTH BOARDS TO REMOVE THAT ITEM WHEN WE HAD OUR FIRST BUDGET MEETING, AND EVERYONE WAS OKAY WITH IT.
BUT I THINK AFTER JUST DIFFERENT CONVERSATIONS, UM, AT LAST WEEK'S MEETING, A BOARD REQUESTED THAT WE PUT THAT BACK IN THERE AND ALSO TASKED STAFF TO REVISIT A SMALL BUSINESS INCENTIVE, UH, PROGRAM.
AND TONIGHT, UM, AT THE REQUEST OF A BOARD AND JUST KNOWING HISTORICALLY HOW THE BOARDS HAVE OPERATED, THAT YOU HAVE ALWAYS, UH, MIRRORED EACH OTHER.
UH, WE WANTED TO GIVE Y'ALL THE OPPORTUNITY TO AMEND YOUR, UM, PROPOSED BUDGET TO COUNSEL TO INCLUDE THAT $50,000 AS WELL.
I KNOW THAT ANELLE HAD MENTIONED THIS TO ME, BUT, AND I REMEMBER I THOUGHT, JAMES, I THOUGHT YOU WERE VERY INTERESTED IN A SMALL BUSINESS PROGRAM AND I THOUGHT THIS, WE SHOULD DISCUSS THIS.
UH, YEAH, IT'S BEEN A COUPLE YEARS.
WE, UH, UH, ME AND BRIAN JUST THREW SOMETHING TOGETHER.
UH, WE HAD A COUPLE MEETINGS, THREW SOMETHING TOGETHER ON A, ON ON TWO SHEETS OF PAPER.
I DON'T EVEN KNOW WHERE IT IS.
UH, I KNOW, I THINK IT'S, OH, YOU DO YOU HAVE IT, HAYDEN? I WAS GONNA SAY, I THINK IT MAY HAVE BEEN BEFORE YOUR TIME HERE, HAYDEN, BUT, UH, WE, WE, WE CREATED A FRAMEWORK, RIGHT? NOTHING
[01:30:01]
GROUNDBREAKING.I THINK OUR WORRY IS WE DON'T WANNA PICK WINNERS AND LOOTERS LOSERS, AND WE DON'T WANT TO, UH, YOU KNOW, FIRST, FIRST COME FIRST SERVE.
I THINK THAT WAS THE, THE TWO PRIMARY ISSUES THAT POPPED UP.
BUT AGAIN, THIS IS GOING BACK YEARS AND I WOULD HAVE TO TAKE A LOOK AT THAT, UM, FRAMEWORK.
SO WE ARE LOOKING, WE'VE HAD CHARLIE AND DAN PROVIDE US WITH SOME EXAMPLES THAT THEY'VE USED IN OTHER COMMUNITIES FOR, SPECIFICALLY FOR SMALL BUSINESS INCENTIVES.
UM, SO WE'RE TRYING TO PIECE THAT TOGETHER.
BUT THE WAY THAT THEY DESCRIBED IT TO US, AND THE BEST WAY TO GO ABOUT HAVING THOSE INCENTIVES AVAILABLE TO US IS TO ALLOCATE THOSE FUNDS AND THEN BRING BACK A, UM, AN INCENTIVE PROGRAM FOR APPROVAL AND THEN APPROVAL BY COUNCIL.
SO THE FUNDS WILL ALREADY BE IN THE BUDGET FOR US TO USE PENDING APPROVAL OF, OF THAT, UH, INCENTIVE PROGRAM.
SO THE, YOU KNOW, OBVIOUSLY THIS IS SOMETHING THAT IN MY CAREER THAT I'VE WORKED A, WORKED A LOT IN, BUT, SO SOME OF THE ORGANIZATIONS I KNOW THAT Y'ALL ARE INVOLVED IN ARE GOOD PLACES TO ALSO GET THAT BECAUSE THE INCENTIVES ARE, AND THEN THAT WAS ONE OF THE QUESTIONS I ACTUALLY WANTED TO ASK Y'ALL.
BEFORE, WHEN I FIRST GOT APPOINTED, IF THERE WAS AN INCENTIVE PROGRAM FOR, FOR SMALL BUSINESS.
SO HAVE YOU, YOU ALL HAVEN'T YET COME UP WITH LIKE, WHAT IT WOULD BE ELIGIBLE TO PAY FOR OR OKAY.
SO THAT'S, I THINK THAT'S A GREAT, UM, I'M SO GLAD THAT THIS IS BEING BROUGHT UP AND AND DISCUSSED 'CAUSE IT'S A REALLY IMPORTANT THING.
SMALL BUSINESSES NEED HELP TO GET STARTED SO THAT THEY CAN CONTRIBUTE BACK.
BUT ANYWAY, I'D LOVE TO BE INVOLVED IN THAT, UM, IN WHATEVER WAY.
BUT I DO KNOW SOME OF THE ORGANIZATIONS THAT Y'ALL ARE INVOLVED IN, UM, CAN GIVE YOU SOME GOOD INPUT ON THAT FROM THEIR MEMBERS ALSO.
I, I THINK Y'ALL KNOW THAT THOUGH.
YEAH, WE'D DEFINITELY LOVE YOUR INPUT.
UM, 20 23, 24 FY 24 BUDGET, UM, HAS NOT BEEN USED.
AND THERE WAS SOME DISCUSSION AROUND TAKING THAT LINE ITEM OUT.
SO WE'LL HAVE FY 25 BUDGET, BASICALLY THE SAME AS FY 24 FOR THAT PARTICULAR LINE ITEM 54 70 DASH OH ONE.
SO WE, WE'VE SOMEWHAT HAD THIS DISCUSSION BEFORE, BUT WE HAVE NEW BOARD MEMBERS.
SO I JUST WANTED TO KIND OF PUT OUT, UM, YOU KNOW, WHENEVER WE HAD THE DISCUSSION ON SMALL BUSINESSES, MY IMPRESSION AND COMMENT WAS, UH, THIS CAME UP AROUND THE TIME OF THE USAGE FEES AND WE WERE TALKING ABOUT INCENTIVIZING SMALL BUSINESS TO COME.
THEY'RE ALREADY GONNA DEAL WITH LARGE USAGE FEES, LET'S INCENTIVIZE THEM.
MY COMMENT WAS THEN, AND IT IS NOW, THE WAY TO BRING SMALL BUSINESS INTO THE CITY OF RE IS TO KEEP YOUR TAX RATES LOW AND TO PROVIDE A WELCOMING ENVIRONMENT, UM, AND NOT PICK WINNERS AND LOSERS IN THAT GAME.
UM, TO, AND THEREFORE THERE WERE GONNA BE WINNERS AND THERE ARE GONNA BE LOSERS IN THIS GAME.
AND THEREFORE, ON PRINCIPLE, I WAS NOT IN FAVOR OF THAT PROCESS.
NOW, UM, AND I HAVEN'T CHANGED THAT VIEW.
UM, PART OF THE FRAMEWORK, UH, WE DIDN'T INCLUDE IMPACT FEES.
I MEAN, THIS IS VERY, I MEAN, WE HADN'T REALLY TALKED ABOUT IN YEARS, BUT, UM, THIS IS MORE FOR SIGNAGE OR, UH, BUSINESS EXPANSION OR SOMETHING, SOMETHING OF THAT SORT.
UM, NOT NECESSARILY, UH, IMPACT FEES.
JUST, I, I, I WHOLEHEARTEDLY AGREE WITH YOU ON THAT AND, UH, UM, BUT IT WAS KIND OF THE BASIS FOR THE DISCUSSION AT THE TIME WAS BUSINESSES ARE GONNA DEAL WITH THESE LARGE FEES, SO MM-HMM,
AND THAT WILL PROVIDE A LEVEL PLAYING FIELD FOR ALL.
SORRY, KEEP WHAT? KEEP WHAT? LOW, UH, TAXES AND FEES LOW IN THE CITY OF SHORE, AS LOW AS YOU AS YOU CAN.
WE HAVE, UM, SOME OF THE HIGHEST FEES IN THE STATE.
UM, HOW, HOW IT WAS DESCRIBED TO US AT THE TIME.
SO IT'S, IT WAS, IT'S GONNA BE A DIS WE WERE, WE WERE BEING DISINCENTIVIZED AND, UM, WE WERE TRYING TO FIGURE OUT WAYS TO POTENTIALLY INCENTIVIZE SMALL BUSINESS TO COME.
I THINK A LEVEL PLAYING FIELD OF LOWER TAXES AND LOWER FEES IS THE WAY TO GO DOWN THAT ROUTE, PERSONALLY.
WELL, I THINK IT'S GONNA BE DIFFICULT TO HAVE LOWER TAXES, BUT LOOKING AT IMPACT FEES, I THINK THE STUDIES THAT WE'VE DONE IN THE PAST, THOSE STUDIES ARE DONE BY THIRD PARTIES.
[01:35:01]
UH, 5, 10, 15 PLUS YEAR WATER WASTEWATER MASTER PLAN.WE LOOK AT THE COST TO DEPLOY THAT, AND THEN WE HAVE TO DETERMINE THE IMPACT FEES TO PAY FOR THAT.
NOW IS, IS, IS THE NUMBERS THAT WE HAVE, ARE THEY ACCURATE? ARE THEY REAL? DO THEY NEED TO BE LOOKED AT? AGAIN, I THINK IT'S PROBABLY ABOUT TIME THAT COUNCIL DOES THAT AGAIN, UH, TO MAKE SURE THAT WE HAVE, ESPECIALLY GIVEN THE, THE SELL OF BONDS LAST YEAR AND THE POTENTIAL SELL OF BONDS AGAIN THIS YEAR, WE NEED TO LOOK AT THAT AND MAKE SURE THAT WE'RE DOING THE RIGHT THING.
I, I THINK $50,000 IS, IS INSIGNIFICANT.
I DON'T THINK IT HELPS WITH ANYTHING
SO I THINK IF COMPANIES, IF, IF THERE'S A BUSINESS THAT WANTS TO COME HERE AND THEY'RE STRUGGLING AND THEY WANT TO NEGOTIATE WITH US, AND THEY WANT US TO GIVE THEM SOMETHING IN EXCHANGE FOR SOMETHING, YOU KNOW, $50,000 ISN'T GOING TO MOVE THE, THE NEEDLE AT ALL.
BUT IF WE WANT TO KEEP IT IN THERE, I'M FINE WITH KEEPING IT IN THERE.
I THINK THE, THE, UH, I THINK THE OVERALL DISCUSSION OF INCENTIVES NEEDS TO BE ADDRESSED.
ALTHOUGH, YOU KNOW, I TOTALLY AGREE WITH YOU.
UM, YOU KNOW, WE WENT THROUGH, UM, LOST PINES THERE.
THE, UH, THE CONFERENCE, YOU KNOW, AND THERE WAS REFERENCE TO INCENTIVE, YOU KNOW, INCENTIVES.
BUT THERE WAS ALSO MENTIONED STATE ENTERPRISE ZONE, GOVERNMENT CODE 2303, YOU KNOW, THE ABILITY TO WAIVE FEE, IMPACT FEES, UH, REBATES OF SALES TAX, UM, YOU KNOW, THE THREE 80 GRANTS, YOU KNOW, FULL USE OF THOSE, UNDERSTANDING THE FULL USE OF THOSE AS WELL THROUGH GRANTS AND LOANS OF PUBLIC FUNDS.
AND THEN THERE'S ALSO THE WEB, THE, THE TEXAS STATE CONTROLLER'S WEBSITE, THE THREE 80 AGREEMENT, ALL INCENTIVES.
THERE'S A WHOLE BUNCH OF STUFF THERE THAT I THINK US AS A GROUP, US AS A BOARD, NEED TO FULLY UNDERSTAND BEFORE WE START GOING APPROVING OR HAVING A FULL-BLOWN PLAN FOR INCENTIVES.
BECAUSE I, I DON'T THINK WE'RE ADDRESSING THE INCENTIVES TO OUR BEST OF BENEFIT.
I THINK WE HAVE AN INCENTIVE POLICY, WHICH COVERS, UH, I'M, MY MIND, I'M THINKING OF MAYBE TWO DIFFERENT THINGS I'M HEARING.
OKAY, WE HAVE A BUSINESS APPROACHING SHORE WANTING TO MOVE HERE.
THEY'RE GONNA BRING IN SO MANY JOBS, SO MUCH TAX REVENUE, THEY WANNA STRIKE SOME SORT OF AGREEMENT WITH THE EDCS OR THE CITY COUNCIL, AND WE WORK THROUGH THAT.
TO ME, THAT'S DOESN'T EVEN GO TOWARDS THIS $50,000.
THAT'S A WHOLE SEPARATE ISSUE.
THIS IS MORE TO REALLY HELP OUR SMALLER LOCAL BUSINESSES.
AND MY THINKING IS MAYBE THAT IS NOT ENOUGH MONEY.
UH, BUT IF YOU GET THE PROGRAM STARTED, UH, SEE HOW IT FLOWS, UH, AND DETERMINE IF IT'S NOT ENOUGH.
WE CAN ADD MONEY TO THIS AT ANY TIME IF WE NEED IT.
AND WE FEEL LIKE IT'S SOMETHING THAT'S WORTH, UH, INVESTING SALES TAX DOLLARS TO UNDERSTAND.
I, I, I'M JUST SPEAKING AT A MORE HIGHER LEVEL, I DON'T THINK US AS A GROUP, US AS FULL SHARE, FULLY UNDERSTAND OUR OPTIONS WHEN DEVELOPERS COME TO THE TABLE, YOU KNOW, AND US HAVING THE ABILITY TO WAIVE IMPACT FEES.
YOU KNOW, WE'VE HAD PROJECTS, WE'VE HAD DEVELOPERS STAND IN FRONT OF US HERE AND SAYING, YOU KNOW, THIS WOULD BE GREAT, BUT IT AIN'T GONNA HAPPEN 'CAUSE THERE'S $1.2 MILLION IN IMPACT FEES.
YOU KNOW, AND THAT'S WHERE THE CONVERSATION STOPS, BECAUSE WE'RE NOT AWARE OF POTENTIAL OPTIONS IN NEGOTIATIONS THAT ALLOW US TO, TO BRING THEM BACK TO THE TABLE.
SO THERE WAS, YOU ALL APPROVED, UM, IN 2022, AN, UH, INCENTIVE GUIDE THAT THE EDC SUBMITTED TO THE CITY'S ATTORNEY'S OFFICE, AND IT HAS BEEN WITH THEM FOR REVIEW FOR OVER A YEAR.
UM, SO THAT IS THERE, YOU'RE, YOU DID GO THROUGH THAT.
UM, AND LEE, THERE, I THINK THAT THERE'S THIS IDEA THAT WE HAVEN'T BEEN APPROACHED FOR INCENTIVES, BUT WE DON'T BRING YOU ANYTHING THAT ISN'T REASONABLE OR WOULDN'T WORK.
SO THEY, THERE ARE PEOPLE WHO ARE APPROACHING THE EVC FOR INCENTIVES, BUT TO GIVE YOU AN EXAMPLE, UM, THERE, THERE WAS A SUBMISSION WE RECEIVED FOR, UM, AN INCREDIBLE AMOUNT OF MONEY WHERE OUT OF THE 20 ITEMS THAT THEY WERE ASKING FOR INCENTIVES FOR ONE OF THOSE ITEMS, QUALIFIED UNDER STATUTE.
SO OUR ATTORNEYS REVIEW THAT THERE'S NO REASON TO SIT IN, UH, AN EDC MEETING FOR, FOR HOURS TO, TO REVIEW THAT WHEN WE CAN VET THAT.
UM, SO WE DON'T, WE DON'T WASTE YOUR TIME TO BRING THAT HERE.
SO IT MIGHT SEEM LIKE, OH, NOBODY KNOWS ABOUT THESE INCENTIVES, BUT THE CONVERSATIONS ARE HAPPENING.
WE'RE BUSY AND WORKING, VETTING ALL THAT TO NOT WASTE YOUR TIME.
SO I THINK, UM, WE, WE JUST DON'T PUBLICIZE THAT, YOU KNOW, FOR THE DEVELOPER, FOR THE PROPERTY, FOR WHATEVER IT IS.
[01:40:01]
IF WE'VE SIGNED NDAS, WE'RE NOT GONNA DISCUSS THAT OPENLY UNTIL A DEAL IS MADE.OR THE ATTORNEY SAYS IT'S, IT'S GOING FORWARD.
BUT I MEAN, DAN AND CHARLIE DO A FANTASTIC JOB OF REPRESENTING OUR EDC.
AND HE IN THAT MEETING SAID, NO, THIS DOES NOT QUALIFY UNDER STATUTE.
AND THE REALITY IS EVERYBODY WANTS TO COME TO SHORE RIGHT NOW.
SO EVEN IF IT DID, YOU'D STILL HAVE TO PROVE THE WORTH AND WHAT THAT TRANSFORMATIVE, UM, ASPECT IS OF THE PROJECT FOR IT TO GET ANY KIND OF INCENTIVE.
WE ARE NOT GONNA INCENTIVIZE, UH, A GENERIC RETAIL SHOPPING CENTER TYPE OF THING.
SO THIS CONVERSATION, THE, THE SAME SENTIMENT WAS EXPRESSED BY ABOARD.
AND I THINK THE IDEA WAS WE'RE ADDING IT IN THERE TO HAVE SOMETHING TO START WORKING WITH SO THAT WE CAN DEVELOP A POLICY, DEVELOP GUIDELINES, GET THAT GOING, ADVERTISE IT, SHARE IT, ASSESS THE INTEREST THE COMMUNITY HAS.
UM, AND YES, THIS IS FOR YOUR $10,000 AWNING, REPAIR YOUR NEW FACADE.
YOU KNOW WHAT, WHATEVER IT IS, IT'S FOR THOSE SMALLER ITEMS THAT WE CAN HELP OUR LOCAL SMALL BUSINESSES WITH.
UM, AND IT CAN ALWAYS BE INCREASED, UM, DEPENDING ON WHAT THAT INTEREST IS.
UH, DISCUSSION FOR ME, UH, MR. CHAIRMAN, I WOULD LIKE TO MAKE A MOTION THAT, UH, WE AMEND THE ADOPTED FY 25 CORPORATE BUDGET 7 0 1, UH, LINE ITEM 7 0 1 0 0 5 4 7 0 1 TO PUT $50,000 IN FOR THAT.
MOTION'S BEEN MADE AND SECONDED.
ANY FURTHER DISCUSSION? ALL RIGHT.
[8. Economic Development Report]
EIGHT.JUST MAKING SURE ONE DIDN'T SLIP DOWN AT THE BOTTOM OF THE PAGE.
UM, SO THE LIST ON THE AGENDA IS THE ONE I'LL FOLLOW THE, UM, COVER PAGE.
UH, I REALIZED AFTER WE HAD POSTED IT, UH, IS THE LIST FROM LAST MONTH.
SO JUST FOR CLARIFICATION AS YOU FOLLOW, UM, I'LL START WITH THE FIRST ITEM, UH, THE RFEI FOR THE EDC PRO PROPERTY.
UM, FINAL EDITS ARE BEING MADE.
WE JUST MET WITH DAN THIS PAST WEEK ABOUT IT, AND OUR GOAL IS TO HAVE THAT POSTED IN LIVE AT THE END OF THIS MONTH.
IS THAT ON TOMORROW NIGHT'S AGENDA? NO.
THIS IS KIND OF OFF TOPIC, BUT SINCE YOU MENTIONED EDC PROPERTY, CAN YOU HA I KNOW WE HAVE SOMEBODY THAT DOES SOME MOWING AROUND THERE.
I THINK THE BACK OF THAT ONE, THE ONE ACRE SITE IS REALLY OVERGROWN.
UH, SO IF YOU COULD HAVE SOMEBODY CHECK INTO THAT.
WE'LL TAKE CARE OF THAT TOMORROW.
UH, UNFORTUNATELY, UH, THE MARRIOTT REPRESENTATIVE FOR THIS REGION WAS NOT ABLE TO ATTEND OUR EDC MEETING THIS MONTH.
UH, BUT THEY, THEY WILL BE, OR TONIGHT, BUT THEY WILL BE HERE IN SHORE, UM, AT THE END OF THE MONTH.
I, I FEEL LIKE IT IS THE END OF THE MONTH.
SO IN THE NEXT WEEK AND A HALF, UM, HE, HE WILL BE HERE.
AND SO HE'LL GO AROUND AND, UH, VISIT SOME OF THE PROPOSED SITES AND, UM, HAVE THOSE, WE'LL HAVE THOSE CONVERSATIONS.
UM, GET AS MUCH INFORMATION AS WE CAN AND THEN REPORT BACK TO YOU
IF THERE'S ANYTHING, ANY SPECIFIC QUESTION THAT YOU HAVE THAT YOU WOULD LIKE FOR US TO ASK, PLEASE SEND IT OVER IN AN EMAIL OR JUST LET US KNOW AND WE'LL MAKE SURE TO ASK THAT.
SO, ITEM THREE, OUR DOWNTOWN MURAL.
UM, WE HAVE A MEETING WITH THE PROPERTY O OWNERS FOR OUR PROPOSED MURAL SITE DOWNTOWN THIS THURSDAY MORNING.
UH, OUR HOPE IS THAT THIS WILL BECOME THE FIRST OF, UM, MANY ART INSTALLATIONS THAT WILL ENHANCE OUR DOWNTOWN, DOWNTOWN AND HIGHLIGHT OUR HISTORY.
SO OUR HOPE, UM, HERE IS TO JUST HAVE A WELCOME TO SHORE MURAL AND HAVE EACH OF THE LETTERS HIGHLIGHT SOMETHING THAT'S UNIQUE AND SPECIAL TO OUR HISTORY OR THE CURRENT STATE OF THE CITY.
AND SO WE ARE WORKING, WE'VE IDENTIFIED A MURAL ARTIST AND WE'LL BE SHARING, UM, THOSE CONCEPTS WITH THE PROPERTY OWNER.
UM, OUR FIRST CONVERSATIONS WITH THEM OVER THE PHONE, WERE VERY POSITIVE.
THEY'RE VERY OPEN TO THE IDEA.
UM, AND THIS WOULD BE ON THE SIDE OF THE BRICK, UH, BUILDING THAT WOULD BE, UM, FACING HARRIS STREET.
SO AT THE VERY END, UM, WHERE THE DETENTION WOULD BE, THE MURAL WOULD BE RIGHT OFF TO THE RIGHT IF YOU'RE LOOKING AT THE, THE FIRE STATION.
UM, SO WE'RE LOOKING FORWARD TO THAT CONVERSATION AND GETTING THAT MOVING FORWARD.
AND THEN ITEM FOUR, HIGHER EDUCATION PARTNERSHIP.
[01:45:01]
SO THIS IS SOMETHING THAT WAS, UM, CHARGED TO THE EBC DURING THE 2019 STRATEGIC PLAN.AND SO WE ARE JUST STARTING CONVERSATIONS AND EXPLORING POTENTIAL PARTNERSHIPS WITH DIFFERENT, UM, HIGHER EDUCATION INSTITUTIONS.
UM, TWO OF THEM BEING BLIN AND LONE STAR.
SO WE WILL HAVE A MEETING WITH, UH, LONE STAR COLLEGE THIS WEEK.
WE'RE JUST TRYING TO SEE, YOU KNOW, WHAT THEIR PLANS ARE FOR EXPANSION, IF THEY HAVE INTEREST IN HAVING A CAMPUS.
UM, YOU KNOW, THE, THE BIG GOAL WOULD BE TO HAVE A PHYSICAL CAMPUS HERE IN SHORE, UM, FOR OUR RESIDENTS TO TAKE ADVANTAGE OF, AND SO THEY DON'T HAVE TO TRAVEL OUT.
SO, UM, WE'LL CONTINUE TO KEEP YOU UPDATED ON HOW THOSE CONVERSATIONS GO AND WHAT THAT COULD LOOK LIKE.
AND THEN LASTLY, YOU, UM, ALL VOTED TO, UH, FUND EAST SIDE DRAINAGE PROJECT.
AND SO JUST A QUICK UPDATE ON THAT.
THE PUBLIC WORKS TEAM IS PLANNING TO, UM, ADVERTISE, UH, FOR THE BID IN OCTOBER, AND THAT'S CONTINGENT ON APPROVAL OF AN EASEMENT BY THE CITY'S LEGAL TEAM.
UM, SO HOPEFULLY ALL THAT KEEPS MOVING ALONG AND, UM, WE CAN GO AHEAD AND ADVERTISE FOR THAT IN OCTOBER.
AND THAT'S ALL I HAVE FOR MY UPDATE TONIGHT.
ALRIGHT, ANY FOLLOW UP QUESTIONS? ALRIGHT,
[9. Consideration and action on financials and payables for the Corporation for the period ending June 30, 2024. ]
WE'LL MOVE ON TO ITEM NINE, CONSIDERATION AND ACTION ON THE FINANCIALS AND PAYABLES FOR THE CORPORATION FOR THE PERIOD ENDING JUNE 30TH, 2024.IN GOOD NEWS THIS MONTH, WE ARE BACK IN THE POSITIVE FOR SALES TAX COLLECTIONS AFTER BEING DOWN 3%.
LAST MONTH WE WERE UP 3% THIS MONTH.
UM, RIGHT NOW WE'RE COLLECTING AT ABOUT 82% OF THE BUDGET FOR 75% OF THE YEAR.
UM, AND THERE WERE $9,528 AND 61 CENTS OF, UM, EXPENSES TO BE APPROVED THIS MONTH.
MAKE A MOTION, I'LL MAKE A MOTION TO APPROVE, UH, THE FTCS MONTHLY PAYABLES OF $9,528 AND 61 CENTS.
MOTION'S BEEN MADE AND SECONDED.
ANY QUESTIONS OR COMMENTS? ALL THOSE IN FAVOR SAY AYE.
A ALL OPPOSED, THE MOTION CARRIES.
[10. Consideration and action on the minutes of the Corporation for the July 15, 2024, regular meeting ]
IS CONSIDERATION AND ACTION ON THE MINUTES OF THE CORPORATION FOR THE JULY 15TH, 2024 REGULAR MEETING.HOPEFULLY YOU'VE HAD A CHANCE TO REVIEW THOSE.
ARE THERE ANY CORRECTIONS OR ADDITIONS? IF NOT, DO WE HAVE A MOTION? I DIDN'T SEE ANY CORRECTIONS OR ADDITIONS.
I'LL MAKE A MOTION THAT WE APPROVE THE JULY 15TH, 2024 FULL SHOW DEVELOPMENT CORPORATION, A TYPE B ECONOMIC DEVELOPMENT SALES TECH CORPORATION MEETING.
MOTION'S BEEN MADE AND SECONDED.
ANY FURTHER COMMENTS? ALL THOSE IN FAVOR SAY AYE.
ALL OPPOSED, THE MINUTES ARE APPROVED.
[11. Presentation by City Council Liaison regarding relevant action taken at previous City Council meeting(s). ]
ITEM 11, PRESENTATION BY CITY COUNCIL LIAISON REGARDING RELEVANT ACTION TAKEN AT PREVIOUS CITY COUNCIL MEETING.MEETINGS, MEETINGS, MEETINGS, UH, OKAY.
I THINK MOST OF THE UPDATES WILL JUST BE WITH THE, UH, REGULAR CITY COUNCIL MEETING THAT WE HAD.
LET ME JUST GET TO THE TOP OF THIS.
UM, ON JULY 16TH, WE DID HAVE, UM, PULL UP MY CALENDAR.
WE DID HAVE A MEETING, A SPECIAL MEETING ON THE 30TH AND A SPECIAL MEETING ON THE SIXTH.
UH, I'LL JUST TALK ABOUT THEM BRIEFLY ON THE 30TH.
THAT WAS, UH, STARTED AT AROUND 4:00 PM AND THAT WAS, UM, ALL EXECUTIVE SESSION INTERVIEWING THE FINAL FOUR CANDIDATES, UH, FOR CITY MANAGER POSITION.
AND THEN ON THE 6TH OF AUGUST, UH, THERE WAS ANOTHER SPECIAL MEETING, UH, STARTING AT FIVE 30 WHERE THERE WAS AN EXECUTIVE SESSION DISCUSSING THE CITY MANAGER AND CONTRACT FOR CITY MANAGER.
THERE WERE NO ACTIONS FROM EITHER OF THOSE, NO ACTIONS TAKEN AFTER THE EXECUTIVE SESSION FOR EITHER OF THOSE TWO MEETINGS.
THE REGULAR CITY COUNCIL MEETING ON JULY 16TH, FIVE 30, UH, EVERYONE WAS PRESENT AND, UH, BASICALLY FOLLOWED THE, THE, UH, USUAL LAYOUT CITY MANAGER'S REPORT.
MOST OF THAT REPORT HAD TO DO WITH WATER PLANT NUMBER TWO, THE PUMP STATION AND GROUND STORAGE TANK, UM,
[01:50:01]
WHICH IS, UH, WELL INVOICE 5 MILLION OF THE 14.4 MILLION BUDGETED.UM, THE, THE PROJECT'S MOVING ALONG, NO CONCERNS.
THE ELEVATED STORAGE TANK, IF YOU HAVEN'T GONE BY AND LOOKED AT IT, THE, UM, THE COLUMN IS BUILT AND THEY'RE BUILDING THE TANK PORTION THAT WILL SIT AT THE TOP.
I CAN'T GET CLOSE ENOUGH TO REALLY TELL, BUT IT'S BEING BUILT SORT OF AROUND IT.
AND THEN IT'LL BE RAISED TO THE TOP AND THEN PUT IN PLACE, UM, 71% COMPLETED BASED ON THE DOLLARS SPENT.
UM, 61% BASED ON THE, UH, UH, COMPLETION OF THE PROJECT.
LUCKILY, WE'VE BEEN, HAD SOME REPRIEVE THIS SUMMER, SO WATER HASN'T BEEN A MAJOR ISSUE, ALTHOUGH I BELIEVE WE HAD A WATER MAIN BREAK TONIGHT.
UM, SO THE CONSENT ITEMS, THERE WERE A FEW PULLED FOR DISCUSSION, UH, AS USUAL.
UM, AND THEN WE BASICALLY, THIS WAS THE FIRST MEETING, FULL MEETING WITH OUR, UH, CURRENT MAYOR, UH, MR. UH, DON MCCOY.
AND SO THERE WAS, UH, QUITE A FEW THINGS.
IT WAS LIKE A MARATHON MEETING.
WE DID GO THROUGH THE ROBERTS RULES OF ORDER REGARDING MEETINGS AND AGENDAS AS WELL AS THE ACTUAL, UH, RULES FOR ORDER THAT THE CITY COUNCIL HAS AND USES.
WE DID HAVE A PRESENTATION REGARDING WATER AND PFAS.
EVERYONE KNOW WHAT THAT IS? YEAH, ME EITHER.
SO, UH,
YEAH, THAT STUFF, THAT STUFF, YOU KNOW, THAT STUFF.
SO YEAH, PLASTICS ARE IN EVERYTHING NOW.
SO THE, THE, THE REALLY INTERESTING THING, UH, ABOUT THAT WHOLE PRESENTATION IS, YOU KNOW, THE EPA DOES THIS VERY OFTEN.
SO THE EPA JUST SAYS, OKAY, NOW WE'RE GOING TO, UH, SET A STANDARD FOR PLASTICS, UH, THAT YOU CAN HAVE IN WATER.
THEY DON'T KNOW WHAT THAT LEVEL IS YET.
UH, THE INFRASTRUCTURE ISN'T THERE, UH, OR THE, THE, THE, THE PROCESS, RIGHT? AND THEN OF COURSE, TCEQ SAYS, OH YEAH, WELL, WE HAVE TO IMPLEMENT THIS, BUT THEY DON'T KNOW HOW THEY'RE GONNA DO IT.
AND THERE AREN'T ANY LABS, UH, RIGHT NOW THAT CAN HANDLE THE WATER SAMPLING PROCESSES.
SO IT'S, UH, IT, IT'S MAYBE THE CART BEFORE THE HORSE A LITTLE BIT.
YOU CAN'T FOLLOW THAT RULE BECAUSE THERE'S NO YEAH, YEAH.
WELL, SO THE, THE WAY IT'S BEING PROPOSED IS THAT THERE ARE ONCE, ONCE THE, ONCE IT, I FORGOT WHAT THE DATE IS, BUT YOU HAVE TO TAKE SAMPLES AND YOU'LL HAVE THOSE SAMPLES, AND THEN YOU'LL, BASED ON HOW MUCH PFAS IS IN THAT SAMPLE, THEN WILL DETERMINE HOW FREQUENTLY YOU HAVE TO TAKE SAMPLES.
BUT WE DON'T KNOW HOW WE'RE GONNA DO THE SAMPLES.
AND THEN, AND IT'S FOR EACH WATER SOURCE.
SO BASICALLY EACH, UH, WATER PLANT THAT WE HAVE, RIGHT? AND THEN EVENTUALLY WHEN WE BRING ABOVE GROUND WATER IN FROM NORTH FORT BEND WATER AUTHORITY, THEN WE'LL ALSO HAVE TO HAVE TO SAMPLE THOSE.
SO I THINK THE MOST CONCERNING PART IS THAT WE KNOW THAT SOMETHING'S GOING TO HAVE TO BE DONE.
WE DON'T KNOW EXACTLY WHAT IT'S GONNA BE.
WE DON'T KNOW HOW BIG THE ELEPHANT IS.
WE DON'T KNOW WHAT THE COSTS ARE GONNA BE.
AND SO IT'S DIFFICULT TO PLAN FOR.
SO I GUESS STAY TUNED IS THE
IT'S A COMMON THEME, HUH? IT'S A COMMON THEME, YES.
THAT WE HAVE REGULATIONS THAT WE HAVE NO IDEA TO IMPLEMENT.
NO, IT'S A EPA IS VERY GOOD AT THAT.
SO WE DID, UH, HAVE A PRESENTATION DISCUSSION UPDATE ON THE DROUGHT CONTINGENCY PLAN, AND THAT IS ON THE AGENDA FOR CITY COUNCIL MEETING TOMORROW NIGHT.
UH, BASICALLY THE BIGGEST DEAL ABOUT THAT IS THAT THERE WILL BE, WE FINALLY DECIDED THAT THERE WILL BE A SURCHARGE.
SO BASED ON WHETHER, UH, WHETHER IN CON CONSERVATION LEVEL ONE, TWO, OR THREE, AND THERE'S A SET NUMBER OF, UH, USAGE.
AND IF YOU GO OVER THAT, THEN THERE'S A SURCHARGE AND IT'S RELATIVELY, I MEAN, IT'S, UH, IT'S, IT'S NOT REALLY A FINE, YOU KNOW, SO IT'S LIKE A BUCK, UH, PER THOUSAND GALLONS OVER THE 8,000 AS AN EXAMPLE, RIGHT? SO IT MIGHT COST YOU AN EXTRA FIVE BUCKS IF YOU, UH, IF YOU GO OVER THE USAGE OR IT MIGHT COST YOU 20 BUCKS FOR THE MONTH.
SO, UH, THERE WAS A PRESENTATION ON THE, UM, POTENTIAL TAX AND REVENUE
[01:55:01]
CERTIFICATES OF OBLIGATION THAT THE, THAT THE CITY'S GOING TO BE DOING THIS YEAR TO FINANCE CERTAIN IMPROVEMENTS TO THE CITY'S WATER AND WASTEWATER SYSTEM.LAST YEAR WE DID ABOUT 32 MILLION, AND I BELIEVE THIS YEAR WE ARE LOOKING AT 40, 40 MILLION OR SO.
UH, SO THAT'S ON COUNCIL MEETING TOMORROW NIGHT AS WELL.
AND THOSE ARE, THOSE ARE TAX AND REVENUE CERTIFICATES.
SO THEY'RE NOT GENERAL OBLIGATION BONDS, UH, WHERE YOU HAVE TO TAKE IT TO THE, TO THE VOTERS TO VOTE ON.
BASICALLY WE'LL BE PRESENTING THE CASE, UH, THAT SHOWS THAT WE HAVE ENOUGH REVENUE AND TAX BASE FROM OUR CURRENT TAX BASE TO BE ABLE TO PAY FOR THESE BONDS OVER THE LIFE OF THE BONDS.
EVERY MEETING ALMOST, UNLESS IT'S A SPECIAL MEETING TO TALK ABOUT CITY MANAGER.
WE HAVE A DISCUSSION ON THE FY 25 PROPOSED, UH, OPERATING BUDGET AND CAPITAL IMPROVEMENT PROGRAM.
WE WILL, UH, HAVE TO APPROVE THAT, UH, BEFORE OCTOBER, UH, AND IN THE COUNCIL MEETING TOMORROW NIGHT, ONE OF THE THINGS WE'LL BE DOING IS ACCEPTING THE, UH, AND THE TAX, UH, THE TAX ROLE FOR FORT BEND COUNTY, UH, FOR, FOR FULL SUR AND THEN SETTING A TAX RATE.
OUR PROPOSED TAX, WE WILL BE PROPOSING A TAX RATE FOR THE FY 25 BUDGET.
UH, THAT WILL BE GOING OUT THEN FOR A PUBLIC HEARING.
AND THEN OF COURSE THERE WAS ANOTHER UPDATE ON PRIMROSE PARK.
UM, THE REALLY, THAT CONTINUES TO
I THINK I TALKED ABOUT IT LAST TIME.
SO TOMORROW NIGHT'S MEETING, SO NOW I'M TALKING ABOUT JULY'S MEETING.
SO IN JUNE'S GENERAL MEETING, THERE WAS A, A DISCUSSION ON PRIMROSE PARK AND THERE WAS A, A QUESTION ABOUT GOING WITH, UH, UH, THREE PHASE, IS THAT RIGHT? YOU ENGINEERS THREE PHASE, UH, FOR THE ELECTRICAL SUPPLY FOR PRIMROSE.
UM, THEN CENTERPOINT CAME BACK AND SAID, YOU KNOW, NO, YOU, THAT YOU CAN GO WITH A SINGLE PHASE POWER.
IT'S READILY AVAILABLE AND LEAST COSTLY OPTION.
AND, UM, SO WE'RE WAITING ON CENTERPOINT TO COME BACK, UH, AND ON THAT PARTICULAR PROJECT SO THAT WE, UH, CAN FOCUS ON THE, THE BIDDING FOR THE LAYOUT, THE EASEMENT AND THE REQUIREMENTS.
AND THEN OF COURSE, HURRICANE BARREL HAPPENED.
AND SO I'M SURE WE'RE NOT IN CENTER ON CENTER POINT'S, UH, HIGH PRIORITY AGENDA FOR THAT PARTICULAR ITEM.
OH, AND SO THERE WAS, UH, ANOTHER DISCUSSION ON, UH, CONSIDERATION AND POSSIBLE ACTION REGARDING A GENERAL OBLIGATION BOND, RIGHT? SO THAT GENERAL OBLIGATION BOND, WHICH WOULD GO TO, TO THE RESIDENTS AND TO THE VOTERS.
AND SO THERE'S SOME DISCUSSION ABOUT, YOU KNOW, HOW WE WOULD PUT THOSE OUT THERE, WHETHER IT'S, UH, A PARKS AND RECREATION BOND OR A, YOU KNOW, IN GROUPING THESE, THESE DIFFERENT, UH, BOND PROJECTS TO PUT THEM OUT.
SO, UM, THAT WAS JUST A GENERAL DISCUSSION, TALKING ABOUT, YOU KNOW, HOW WE WOULD WANT TO PRESENT IT TO THE VOTERS.
UH, TIMING, PROBABLY NOT IN NOVEMBER, NOT ENOUGH TIME TO GET TO THAT POINT TO BE, TO, TO BE ON THE NOVEMBER ELECTION.
PLUS, I DON'T THINK IT'S A GREAT IDEA TO HAVE MUNICIPAL, UH, LEVEL, UM, AGENDAS OR PROPOSITIONS AT THE GENERAL ELECTION BECAUSE I DON'T THINK PEOPLE ARE GONNA MAKE IT TO THE BOTTOM OF THE BALLOT AND LOOK AT IT UNLESS THEY'RE VERY SPECIFICALLY INTERESTED IN, YOU KNOW, THAT, THAT ITEM AND ARE AWARE OF IT.
SO HOWEVER WE COME UP WITH, UH, WHATEVER COUNCIL DECIDES IN THE FUTURE FOR HOW WE WANT TO PUT THOSE, UH, PROPOSITIONS FOR THOSE BONDS TOGETHER, THEY'LL PROBABLY BE GROUPED OR NOT GROUPED AS ONE, BUT INDIVIDUALS.
UM, AND THAT'S MOST LIKELY WOULD HAPPEN AT A MAY NEXT MAY'S ELECTION.
UM, THERE WAS, UM, AN AGREEMENT WITH KINDER MORGAN, SO EVERYONE DRIVES UP 3 59.
YOU'LL SEE THAT THE WATER, UH, WASTEWATER, WASTEWATER IS BEING EXTENDED NORTH.
SO, UH, TO GO ACROSS A PIPELINE THAT WAS APPROVED, THERE WAS A PRESENTATION, UH, YEAH, WE DIDN'T GET OUT UNTIL LIKE, I DON'T KNOW, 11 O'CLOCK AT NIGHT.
THERE WAS A PRESENTATION AND DISCUSSION REGARDING PAINTING, WRAPPING OF THE TRAFFIC SIGNAL CONTROL CONTROLLER CABINETS, AND, UH,
[02:00:01]
THERE'S, UH, EIGHT OF THOSE LOCATIONS.AND, UM, SO THERE WAS, UH, UH, AN AGREEMENT BETWEEN THE TEXAS DEPARTMENT OF TRANSPORTATION, THE CITY OF SHORE, AND THE FUL ARTS ALLIANCE AND ARTIST AGREEMENT FOR PAINTING WRAPPING.
WE'VE ONLY BEEN TALKING ABOUT THAT FOR LIKE FOUR A YEAR.
IT'S BEEN A, AT LEAST WHEN I, WHEN I END MY, MY TERM AS, UH, CITY COUNCILMAN, I'M GONNA PUT A LIST OF STUFF TOGETHER.
THAT WAS DONE IN 2018 WHEN I FIRST CAME ON AND WE VOTED ON, I DIDN'T EVEN KNOW WHAT IT WAS, BUT WE APPROVED IT.
BUT I GUESS IT DOESN'T MATTER 'CAUSE IT STILL HASN'T BEEN DONE.
UM, I MEAN, IT'S FUNNY HOW THAT STUFF WORKS.
UM, SO I, I THINK THE LAST IMPORTANT THING, THAT'S WHY WE'RE HERE.
WE'RE GETTING HARRIS STREET DONE.
YOU'LL HAVE SOMETHING DONE, JOEL.
UM, SO THERE'S AN INTERESTING ONE.
THE DATA WAS PRESENT, SO, SO I'LL JUST GIVE YOU A LITTLE BACKGROUND HISTORY BECAUSE I THINK THIS IS PRETTY IMPORTANT.
SO IN 2021, COUNCIL REDISTRICTED, THE SINGLE MEMBER DISTRICTS 1, 2, 3, 4, 5, THAT WAS DONE BASED ON THE CENSUS 2020 CENSUS DATA.
WE WORKED WITH A THIRD PARTY WHO HELPED US TO UNDERSTAND THE DATA, UH, LOOKED AT THE CURRENT DISTRICTS AND PROJECTED GROWTH BASED ON DISCUSSIONS WITH DEVELOPERS.
AND SO WE, WE REALLY CHANGED THE GEOGRAPHIC EXTENT OF DISTRICT FOUR AND DISTRICT ONE BECAUSE, WELL, WE KNEW THAT'S WHERE THE GROWTH WAS GOING, RIGHT? AND, UM, AND IT WAS A LITTLE EASIER THAN TRYING TO, TO, TO TAKE, UM, TWO, THREE, AND FIVE, WHICH ARE ALL OVER HERE IN SORT OF THE NORTH AND, AND, AND EAST PART OF CROSS CREEK RANCH.
SO ANYWAYS, WE DID THAT, UH, THAT WAS APPROVED.
UM, NOW WE'RE 2024, SO THREE YEARS LATER, IF WE LOOK AT DISTRICT ONE AND DISTRICT FOUR, EACH OF THOSE DISTRICTS HAVE THREE TIMES AS MANY, UM, PEOPLE AS DISTRICTS TWO, THREE, AND FIVE.
SO WE ARE NOT REQUIRED TO REDISTRICT UNTIL THE CENSUS STATE, OH, 2030.
BUT THERE'S ALSO A RISK OF NOT REDISTRICTING BECAUSE THEY'RE SO OUT OF PROPORTION.
UH, SO FOR EXAMPLE, UM, IF YOU, IF YOU, DEPENDING ON YOU GO TO A MUNICIPAL ELECTION, DEPENDING ON WHAT YOU HAVE ON THE ELECTION, PEOPLE VOTING, UH, YOU KNOW, YOU HAVE THREE TIMES AS MANY PEOPLE HERE VOTING FOR MAYOR AS YOU DO, PEOPLE HERE VOTING FOR MAYOR, FOR EXAMPLE.
UH, BUT ANYWAY, SO THE IDEA IS THAT WE GO AND AT LEAST START THE PROCESS OF LOOKING AT HOW WE CAN REDISTRICT ALL FIVE SINGLE MEMBER DISTRICTS, UH, WHICH WE'LL HOPE TO DO, UH, IN TIME TO, UM, HAVE, BE BY THE MAY ELECTIONS, ALL THE COUNCIL OF THE MOVE.
NO, IT, IT MEANS THAT, UM, YOU, EVERYONE HAS TO, WELL, IT MEANS THAT ALL WILL HAVE TO BE REELECTED AND YOU'LL OF COURSE HAVE TO LIVE IN THAT DISTRICT THAT YOU'RE RUNNING FOR ANY ADDITIONAL DISTRICTS OR ANY ADDITIONAL DISTRICTS ADDED, OR YOU'RE JUST AGREED.
NO, BECAUSE THE NUMBER OF DISTRICTS ARE DEFINED BY THE HOMER CHARTER.
UM, SO THE TWO AT LARGE PLUS THE FIVE SINGLE MEMBER DISTRICTS ARE ALL DEFINED BY THE HOME RENTAL CHARTER.
SO IT'S REALLY JUST LOOKING AT HOW YOU CAN TAKE THOSE FIVE.
AND I THINK THE OTHER, THE OTHER IMPORTANT THING IS, YOU KNOW, WHEN I WAS TALKING TO PEOPLE WHEN I WAS RUNNING FOR MAYOR, ONE OF THE THINGS THAT I FOUND IN TALKING TO A LOT OF PEOPLE IN THE NEW AREAS AND POLO RANCH AND IN LL WEBB AND UM, PECAN RIDGE, THEY WANT REPRESENTATION, RIGHT? YOU'VE GOT ALL OF THESE PEOPLE IN ALONG WITH, YOU KNOW, UH, BOAR AND FULCHER RUN AND BROOK ON FULCHER CREEK, AND ALL OF THESE AREAS ARE ALL IN THE SAME DISTRICT.
SO, UM, THEY WANT, THEY, THEY WOULD LIKE TO SEE SOME CHANGES SO THAT THEY WOULD HAVE MORE OPPORTUNITIES TO BE, YOU KNOW, TO HAVE MORE REPRESENTATION FROM THOSE AREAS.
SO I THINK THE IDEA IS TO ACCOMPLISH, TRY AND ACCOMPLISH THAT AS WELL.
AND, UM, YEAH, WE, THERE, WE, WE APPROVED A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF SHORE AND DR.
R HORTON REGARDING AN APPROXIMATELY 131.
SO THERE WAS QUITE A BIT THAT WE DID WITH DR HORTON, UH,
[02:05:01]
PREVIOUS AGREEMENTS.AND THEN, UH, ONE WAS ON THE, UM, UH, THE AGREEMENT FOR, UH, US TO, UH, WORK WITH DR HORTON WITH THE NEW WASTEWATER PLANT THAT THEY ARE, ARE PUTTING IN PLACE.
AND SO WE WILL WORK WITH THEM AND SHARE IN THE COST AND WE WILL EXPAND, UH, BEYOND WHAT THEY HAD PLANNED TO EXPAND ON.
BUT BASICALLY WE BUILD THAT AT THE SAME TIME AND WE PAY FOR PART OF IT.
SO THAT'S GONNA BE VERY IMPORTANT FOR US TO GET WASTEWATER FROM.
WE HAVE WATER PLANT, UH, THE WASTEWATER PLANT DOWNTOWN, BUT WE NEED TO BE ABLE TO GET WASTEWATER NORTH.
AND, UM, SO WE DID APPROVE THAT AS WELL.
UM, AND WE, WE HAD AN EXECUTIVE SESSION.
CAN I HAVE, I HAVE A QUESTION ABOUT THE WASTEWATER.
YOU SAID YOU HAD TO EXPAND THE NEIGHBORHOOD NORTH, IS THAT WHAT IT WAS? WELL, THERE, SO WHAT WE'RE, WHAT WE'RE DOING IS, AS YOU KNOW, IF YOU LOOK AT THE GROWTH AND DE WEB AND PECAN RIDGE, RIGHT, THAT GROWTH AND THE GROWTH NORTH, UM, WE NEED TO BE ABLE TO HANDLE WASTEWATER, RIGHT? SEWER FROM, FROM, FROM UP NORTH.
AND SO PART OF THE PLAN, UH, HAS BEEN TO, UH, EITHER DO SOMETHING NORTH AND OR ANOTHER WATER PLANT SOMEPLACE ELSE IN SHORE.
SO A LOT OF IT WASTEWATER, RIGHT? NOT, NOT WATER PLANT, BUT WASTEWATER.
SO A LOT OF IT DEPENDS ON, YOU KNOW, SORT OF
AND SO WE HAD AN, UM, A UTILITIES, UH, AGREEMENT WITH DR HORTON IN THE DEVELOPMENT THAT THEY WERE DOING, AND PART OF THAT AGREEMENT SAID THAT WE COULD ASK THEM TO, TO EXPAND THE SIZE OR RESIZE RIGHT.
TO ACCOMMODATE FOR ANY NEED THAT WE WOULD HAVE.
AND, UM, SO, BUT AT OUR COST, RIGHT? BUT AT LEAST WE LEVERAGE THAT AND WE DO IT AT THE SAME TIME.
AND INSTEAD OF THEM DOING TEMPORARY, UH, PLANTS AND COMPONENTS, WE, IT'LL BE A FIXED PLANT.
SO, I MEAN, FIVE YEARS FROM NOW, WE NEED TO NOT HAVE THE, THE WASTEWATER PLANT DOWNTOWN, RIGHT? 'CAUSE THERE'S A ROAD THAT'S GONNA GO THROUGH THERE.
ANYWAYS, THAT'S, THAT'S MORE THAN I WANTED TO.
WELL Y'ALL HAVE A PACKED AGENDA, IT SOUNDS LIKE.
AGAIN, YOU'RE GOING TO EXPECT THAT TOMORROW NIGHT TOO.
YEAH, THE BINDER IS ABOUT THIS THICK.
THERE'S 25 CONSENT ITEMS, TWO EXECUTIVE SESSIONS, AND, UH, SOUNDS LIKE FUN.
WELL THANKS FOR ALL THAT YOU DO ON THE CITY COUNCIL FOR US.
[12. Future agenda items]
IS FUTURE AGENDA ITEMS. I THINK ANELLE PROBABLY HAS SOME STARTED ALREADY.ANY OTHERS S UH, THE INCENTIVE POLICY PROGRAM? I KNOW I WAS STARTED THAT, BUT I THINK DEBORAH, JENNIFER SHOULD PROBABLY, IF YOU'RE WILLING, I GUESS MM-HMM.
'CAUSE WE, I, WE CAN'T HAVE THREE, RIGHT? WE CAN'T HAVE THREE ON ANYONE MEETING OR BOARD OR SOMETHING LIKE THAT.
I'LL HAPPILY DROP OFF THAT IF THAT'S OKAY WITH Y'ALL.
AND YOU REALLY MAD HAPPILY
NO, I WILL HAPPILY, I, I, THAT WAS A, THAT WAS A STRUGGLE AND I DROPPED THE BALL.
I DIDN'T WANNA TAKE YOUR PLACE IF HAPPILY YOU USING NO, PLEASE DO.
I'M, I'M GLAD YOU, UH, HAVE THE EXPERIENCE WITH IT AND THEN OBVIOUSLY JENNIFER'S DOWNTOWN, SO MAKES A LOT MORE SENSE FOR Y'ALL TO DO IT.
AND, YOU KNOW, ALL OF THE ITEMS THAT I MENTIONED EARLIER, WE, WE WILL, WE WOULD BRING BACK TO YOU, WE WILL, WE'LL HAVE A HOTEL UPDATE HARRIS, UM, EAST SIDE DRAINAGE, ALL OF THAT.
AND IN THE MEANTIME, IF THERE'S ANYTHING ELSE YOU WOULD LIKE TO SEE DISCUSSED, PLEASE LET US KNOW.
AND WE'LL ADD IT TO THE AGENDA.
IS, IS THERE LIKE A, OR GETTING CLOSER IS MAYBE LIKE, I DUNNO IF SEPTEMBER OR OCTOBER, BUT LIKE A LITTLE BIT OF INFO ON THE HOLIDAY AGAIN.
THE, SO THE MAYOR HAS REQUESTED THAT WE ACTUALLY MOVE THE TREE LIGHTING FROM THE, UM, TYPICAL FIRST SATURDAY IN DECEMBER UP TO THE SATURDAY FOLLOWING THANKSGIVING HOLIDAY, UM, TO TRY AND CAPTURE SOME OF THOSE OUT OF TOWN VISITORS.
AND SO WE ACTUALLY, UM, JUST GOT WORD YESTERDAY OR OVER THE WEEKEND THAT, UM, THE, THE LIGHTS COMPANY COULD INSTALL ALL THE DECORATIONS BY THAT FRIDAY, UM, AFTER THANKSGIVING, BECAUSE LAST YEAR I THINK THEY WERE FINALIZING
[02:10:01]
INSTALLATION THE MORNING OF THE CHRISTMAS TREE LIGHTING IN DECEMBER.UM, SO WE'LL BE WORKING TO MAKE, TO MAKE THAT HAPPEN NOW AND SECURING THE REST OF THE VENDORS THAT WE WORKED WITH LAST YEAR TO, UM, HAVE THAT EVENT HERE AT CITY HALL AGAIN.
UM, IF MY, UM, PAST EXPERIENCE MAKES ME THINK THAT, ISN'T THAT SATURDAY ALSO SMALL BUSINESS SATURDAY NATIONALLY? YES, MA'AM.
SO Y'ALL HAVE BEEN INVOLVED IN THAT TOO? YES, WE HAVE.
NOT HERE, WE, WE DIDN'T HAVE, UM, AN EVENT LAST YEAR, BUT YEAH.
'CAUSE IF YOU'RE GONNA DO THAT EVENT, IT WOULD BE, YOU KNOW, A GREAT MARKETING OPPORTUNITY TO TIE IT ALL TOGETHER TO TIE IT ALL TOGETHER.
UM, I HAD A QUESTION ABOUT, UH, THE COLLEGES YOU MENTIONED EARLIER, ANELLE, UM, WHEN IS THAT MEETING? I, THE MEETING WITH LONE STAR COLLEGE IS ON WEDNESDAY, I THINK.
UM, OR ACTUALLY IT'S, UM, IT'S TOMORROW AFTERNOON.
AND, UM, I THINK THERE'S SOME DIFFERENT DATA OUT THERE THAT SHOWS HOW MANY OF OUR HIGH SCHOOL STUDENTS ACTUALLY GO TO WHARTON COUNTY JUNIOR COLLEGE TO BLEND TO LONE STAR THAT ARE LEAVING HERE, THAT IF WE HAD SOMETHING LOCAL WE COULD KEEP HERE.
AND THAT'S UP TO DATE, LIKE RECENT? I DON'T THINK SO.
IT'S FROM, UM, IT'S ALL RESULTS OF THE DATA THAT WAS USED FOR THE 2019 STRATEGIC PLAN, BUT I CAN CHECK IN WITH SCHOOLS AND GET UP TO DATE NUMBERS.
I THINK THERE'S A, WE'RE KIND OF OFF TOPIC HERE, BUT I THINK AN ECONOMIC CASE CAN BE MADE FOR THAT, NOT CONVENIENCE FOR STUDENTS, BUT YES, I THINK IT'S A CON ECONOMICS, DEFINITELY.
IF YOU HAVE ANYTHING ELSE, PLEASE SEND THAT.
OH, MARK, DID YOU HAVE SOMETHING ELSE? UH, SEND THAT OVER TO ANELLE ITEM
[13. Announcements]
13 OR ANNOUNCEMENTS IF YOU'D LIKE TO JOIN US TOMORROW AT CITY COUNCIL.WE WILL BE ANNOUNCING THE WINNERS OF THE EDC PHOTO CONTEST.
AND DON'T WORRY, IT'S AT THE TOP OF THE AGENDA,
SO IF Y'ALL WOULD LIKE TO ATTEND, WE, UM, JUST HAVE A, A PRIZE FOR EACH OF THE CONTESTANTS PLACED ONE, TWO, AND THREE AS WELL AS POPULAR, UH, VOTE THAT WAS CHOSEN BY, YOU KNOW, LIKES ON OUR FACEBOOK PAGE, ON THE CITY'S FACEBOOK PAGE.
AND WE'LL BE UNVEILING THE FRAMED PHOTO THAT WILL NOW, UM, BE PLACED IN THE LOBBY FOR THE NEXT YEAR AND WILL ALSO BE USED AS THE COVER OF THE BUDGET BOOK FOR THE CITY.
THANK Y'ALL FOR CONTINUING THAT FOR THE SECOND YEAR.
I'M AMAZED THAT SOME OF THE PHOTOS I SEE ON FACEBOOK AND I'M LIKE, THERE'S NO WAY THAT CAN BE A FULL SURE.
WELL, THANK Y'ALL FOR BEING HERE TONIGHT.
DO WE HAVE A MOTION TO ADJOURN? I MAKE A MOTION TO ADJOURN.
DO WE HAVE A SECOND? I'LL SECOND.
MOTIONS HAVE BEEN MADE AND SECONDED.
ALL OPPOSED? WERE ADJOURNED AT 8:16 PM.