* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. WITH ME . [00:00:02] UM, [I. Call to Order] WE WILL CALL THE FULL SURE. DEVELOPMENT CORPORATION MEETING. UM, CALL TO ORDER AT SIX O'CLOCK ON WEDNESDAY, MAY 27TH, 2026. ITEM TWO CITIZENS' COMMENTS. THERE ARE NONE THIS EVENING. ITEM THREE COUNCIL COMMENT WITH OUR, OKAY, I DIDN'T KNOW IF RANDY WAS FILLING IN. NO, I'M JUST, I'M HEARING THE HARD UP RESERVE. ALRIGHT, ITEM [Business - A] FOUR A WELCOME AND INTRODUCTION OF NEW BOARD MEMBERS. GOOD EVENING EVERYONE. WE HAVE THREE NEW MEMBERS APPOINTED TO OUR BOARD. UH, MR. PATRICK POWERS, WHO HAS PREVIOUSLY SERVED ON OUR TYPE A BOARD, THEN WAS ELECTED TO COUNSEL AND NOW HAS BEEN APPOINTED TO OUR B BOARD, MR. HEIM SCHWARTZ, WHO HAS BEEN RECENTLY APPOINTED, AND ALSO MR. TYLER NELSON, WHO'S NOT ABLE TO BE HERE TONIGHT. UM, YOU MAY HAVE NOTICED, UM, MR. LEO BRYAN, UM, IS NOT HERE, AND MS. DEBORAH DRESCHER WAS APPOINTED TO A BOARD, AND MR. TOMMY KIRKENDALL IS NO LONGER SERVING ON B BOARD DUE TO JUST CHANGES IN RESIDENCY. AND, UM, ETJ LIVING IN THE ETJ NOW. UH, BUT I JUST WANTED TO GIVE AN OPPORTUNITY FOR OUR NEWLY APPOINTED MEMBERS TO INTRODUCE THEMSELVES, SHARE JUST A LITTLE BIT ABOUT YOUR BACKGROUND AND WHY YOU'VE DECIDED TO SERVE IN THIS CAPACITY, UM, SO THAT YOUR FELLOW COLLEAGUES CAN GET TO KNOW YOU A LITTLE BETTER. LET'S START FROM THE RIGHT . I WAS GONNA SAY, YOU YOU. I HAVE A LONGER BEARD. I WIN . NO, THAT'S, YOU GOT ME, MAN. THAT, THAT HIT ME IN MY, ALRIGHT. UH, GOOD EVENING EVERYONE. UH, I THINK I KNOW MOST OF YOU HERE. I'M PATRICK POWERS. I'VE, UH, SERVED MY, MY FIRST, UH, DOSE OF CITY BUSINESS WAS ON THE EDCA BOARD, UM, THEN WAS ELECTED TO COUNCIL. I SERVED OUT A TERM AND, UH, NOW I'M BACK ON THE B BOARD. UM, FIRST I JUST WANT TO THANK OUR COUNCIL MEMBER, CONNOR, FOR TAKING TIME TO BE HERE TODAY. UM, AND, UH, SUPER GRATEFUL FOR OUR CITY STAFF AND, UH, I THINK WE HAVE SOME, SOME REALLY GREAT STAFF IN THIS DEPARTMENT. UM, AND, UH, SO I, I WANTED TO SERVE, CONTINUE TO SERVE IN SOME REGARD FOR THIS CITY. UH, I THINK THE EDC IS KIND OF LIKE THE SWISS ARMY KNIFE OF THE CITY. THERE'S SO MUCH THAT IT CAN DO. YOU, YOU HAVE A, IT'S A VERY UNIQUE, UH, BUDGET AND THE WAY THAT YOU'RE ABLE TO DEPLOY THAT BUDGET. AND, UM, I I, I JUST FIND IT VERY FASCINATING. I DON'T REALLY THINK THAT I'VE QUITE, UH, UH, THE, I DON'T THINK THAT I'VE QUITE REALLY, UH, SATISFIED MYSELF THE, THE INTELLECTUAL CURIOSITY OF THE CAPABILITY OF THE EDC. AND MAYBE THAT'S LIKE A LIFELONG ENDEAVOR. I DON'T THINK I'LL, I'LL BE ABLE TO DO THAT. UH, WITH ONE TERM. THEY CHANGED THE LAWS ON YOU WHEN YOU FINALLY . THEY, THEY CHANGED THE LAWS ON YOU, RIGHT? . AND I'LL TELL YOU, I WENT TO, UH, THE DFW AREA AND MET WITH A NUMBER OF ED EDCS AND EDS, UH, THE CITY OF PLANOS, EDO, THE CITY OF FRISCO'S, EDC. UM, AND THE, THE CITY OF FRISCO, THEY HAVE LIKE A $37 MILLION A YEAR ECONOMIC DEVELOPMENT BUDGET. AND THE THINGS THAT THEY'RE ABLE TO DO WITH THAT BUDGET IS, IS REALLY INCREDIBLE. SO I, I WANT TO CONTINUE TO LEARN. I WANNA CONTINUE TO SERVE. UM, I'M SUPER GRATEFUL FOR, I, I THINK WE'VE GOT A ROCKSTAR, UH, BOARD HERE. I, I HOPE THAT, UH, I CAN ADD VALUE TO THE, THIS BOARD. AND, UH, I, LOOK, I'M, I'M, I'M GRATEFUL TO SERVE WITH YOU ALL. THANK YOU. WELCOME. SO MY NAME IS HYM SCHWARTZ. I'VE BEEN A RESIDENT OF ER FOR ABOUT 16 YEARS. UM, I THINK I WAS RESIDENT 1150 OR SOMETHING LIKE THAT FOR ER, UM, JOKING ASIDE, I HAVE FOUR CHILDREN. UM, ALL FOUR ARE GROWING UP HERE. MY YOUNGEST IS SIX, SO I'M GOING TO BE HERE FOR A LONG TIME. HENCE MY NEED TO SERVE THE COMMUNITY. I'M A BIG, UH, PROPONENT OF, IF YOU'RE GOING TO TALK ABOUT IT, DO SOMETHING ABOUT IT. AND I'M NOT ONE TO SIT THERE AND COMPLAIN. I AM GOING TO PUT MY NAME IN A HAT. I DID RUN FOR CITY COUNCIL AGAINST ABBY. ABBY. ONE. I'M SUPER GRATEFUL THAT HE DID. UH, 'CAUSE WITH ALL THE STUFF THAT'S COMING UP, HE CAN HAVE THAT . UH, BUT JOKING ASIDE, UM, I'M A VETERAN. I RUN A P AND L FOR MY ORGANIZATION, A VERY LARGE CORPORATION, A GLOBAL CORPORATION. SO I WANNA BRING THAT EXPERIENCE TO CITY TO, TO THE CITY, UH, BRING BASICALLY ALL THE LEARNINGS THAT I'VE HAD OVER THE LAST 27 YEARS IN THIS CAREER TO MAKE THE CITY OF FRE. GREAT. WELL, WE'RE VERY GLAD YOU'RE HERE. AND DO OUR CURRENT MEMBERS WANNA JUST SHARE A TIDBIT ABOUT THEMSELVES SO THAT, UH, MR. SCHWARTZ CAN GET TO KNOW YOU TOO? [00:05:04] UM, MY NAME IS BROWN OTU. UM, THIS WILL BE MY SECOND YEAR, UH, ON THE B BOARD. UM, JUST LIKE YOU, I RUN, UM, AGAINST AROUND THE CORNER, AND, UH, . AND, UM, I LOVE FORCHE. I HAVE TWO BOYS. UM, THEY'RE GOING FAST. UM, I, UH, I WANNA MAKE FORCHE A BETTER PLACE FOR THEM, AND, UH, THAT'S ONE OF THE REASONS WHY I'M REALLY INVOLVED WITH, UH, WHAT'S GOING ON IN FORCHE. AND, UH, NICE TO HAVE YOU GUYS JOIN US. THANK YOU. UH, MY NAME'S JENNIFER HAGERMAN. UH, I'M A RESIDENT. I GUESS WE'VE BEEN A RESIDENT HERE FOR 10 YEARS OR SO. UM, TWO KIDS CAME UP THROUGH THE SCHOOL SYSTEM. THEY'RE BOTH IN COLLEGE NOW. THAT'S A MONEY TREE IS A HIGH WATER EXPENSE. UM, BUT, UH, I'M ALSO A DOWNTOWN BUSINESS OWNER. UM, I'D LIKE FOR THE CITY, UM, OUR CITY AND OUR COUNTY IS THE MOST DIVERSE COUNTY IN THE NATION, AND I'D LOVE FOR OUR BUSINESSES TO REFLECT THAT. AND SO, UH, I, I'M A PART OF THAT. UM, I'VE DEFINITELY PUT MY MONEY WHERE MY MOUTH IS WITH A BUSINESS AND A RESIDENT AND PARENT, AND I'VE GOT, I THINK I'VE GOT MY FOOT IN EVERY PUL POOL. UM, BUT YEAH, I BELIEVE THERE CAN BE REALLY GREAT THINGS THAT HAPPEN HERE. AND I THINK THAT WE'RE IN A, A UNIQUE POSITION TO HAND PICK WHAT WE WANT HERE. AND, UH, AND I LIKE BEING A PART OF THAT. I SERVED ON PARKS AND REC BEFORE THIS AND, UH, I'VE REALLY ENJOYED MY TIME, UM, ON EDC AS MY SECOND TERM. AND, UM, I'M LOOKING FORWARD TO MORE OPPORTUNITIES AND BRINGING MORE SMALL BUSINESS ESPECIALLY, BUT ALL BUSINESS, UH, TO SHORE. SO MY NAME IS BLAKE KOEPKE. UM, I'VE NOW SERVED, THIS IS MY THIRD TERM ON THE B BOARD. UM, MY WIFE AND I MOVED TO SHORE STRAIGHT OUT OF COLLEGE AND HIGH SCHOOL SWEETHEARTS AND GREW UP IN THE AREA. UM, WANTED TO SET OUR ROOTS IN SHORE BECAUSE JUST WHAT TYPE OF COMMUNITY RE IS. UM, NOW WE HAVE A THREE AND A HALF YEAR OLD DAUGHTER, AND THEN ANOTHER BABY THAT WILL BE HERE ANY DAY NOW, LITERALLY ANY DAY NOW. UM, ALMOST DIDN'T MAKE THE MEETING TONIGHT, . UM, BUT, UH, WANNA MAKE A DIFFERENCE IN OUR COMMUNITY. UM, AND THE BEST WAY TO DO THAT IS GET INVOLVED. SO BRINGING BUSINESSES, NEW BUSINESSES, BRINGING NEW IDEAS, UM, BRINGING THE, MY EXPERIENCE IN PROJECT MANAGEMENT AND, UM, WHATEVER KNOWLEDGE I CAN TO SHARE. AND SO JUST TO MAKE AN IMPACT, MAKE A GOOD IMPACT FOR OUR COMMUNITY. SO, LOOKING FORWARD TO IT. AND THANK Y'ALL. UH, MARK DERWIN. I'VE BEEN ON EDCA AND B BOARD. UM, I THINK THIS IS MY, SOMEWHERE BETWEEN FIFTH AND SEVENTH YEAR. I DON'T REMEMBER ON EC . NO. UM, I'VE LIVED IN RE SINCE 2009. UH, BOTH MY KIDS GREW UP HERE AND HAVE NOW GRADUATED FROM COLLEGE. AND SO I REPRESENT THE EMPTY NESTER COMMUNITY OF SRE, UM, AND SMALL BUSINESS. MY WIFE HAS A SMALL BUSINESS HERE IN THE CITY OF SRE AS WELL. I'VE ALWAYS WORKED FOR BIG ORGANIZATIONS, WORKED BIG CAPITAL PROJECTS THROUGHOUT MY CAREER, AND HOPE TO BRING SOME OF THAT EXPERTISE AND LEARNINGS TO THE CITY OF SRE. AND, UM, I'M ALSO A SMALL TOWN GUY. LIVED NORTH OF I 10 FOR JUST A FEW YEARS OF MY LIFE. THE REST OF THE TIME HAS BEEN SMALL COMMUNITIES THAT HAVE EVENTUALLY BECOME BIG COMMUNITIES. AND SO, UH, JUST LOVE TO SEE SHORE GROW AND, UM, HOPE TO HELP IT GROW. WELL, THAT'S IT. [Business - B] ITEM FOUR B. GOING ON TO ITEM FOUR B. UM, CONSIDERATION AND POSSIBLE ACTION ON THE NOMINATION AND ELECTION OF OFFICERS OF THE CORPORATION IN ACCORDANCE WITH THE CORPORATION'S BYLAWS TO INCLUDE THE POSITIONS OF PRESIDENT, VICE PRESIDENT, SECRETARY, AND TREASURER. SO, OKAY. SO AT THIS TIME, UM, GIVEN THAT WE HAVE OUR NEW MEMBERS APPOINTED, IT'S NOW TIME TO CHOOSE THESE, UH, POSITIONS. YOU HAVE TWO OPTIONS HERE. YOU CAN GO POSITION BY POSITION INDIVIDUALLY, NOMINATE A PRESIDENT, UM, SECOND VOTE, AND THEN SO ON AND SO FORTH. OR YOU CAN NOMINATE A FULL SLATE AND VOTE IN THAT MANNER. AGAIN, IT'LL BE FOR PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER, UH, IN THE VICE PRESIDENT, IN CASE THAT THE PRESIDENT IS NOT ABLE TO BE HERE, WOULD RUN THE MEETINGS AND THE OTHER POSITIONS DON'T HAVE ANY ADDITIONAL DUTIES OUTSIDE OF A SIGNATURE TO SOME FINANCIALS HERE AND THERE. UM, BUT DON'T WORRY, IT'S NOT LIKE IT'S GOING TO ADD HOURS OF COMMITMENT, UM, TO, ON YOUR END OR ANYTHING EXTRA OUTSIDE OF ATTENDING THE MEETINGS AND REVIEWING THE PACKETS PRIOR TO THE MEETING. [00:10:03] ALRIGHT? DO WE HAVE ANY NOMINATIONS? UM, YOU MAY NOMINATE YOURSELF OR NOMINATE ONE OF YOUR FELLOW BOARD MEMBERS, AND THAT BOARD MEMBER DOES NOT HAVE TO BE PRESENT IF YOU SO CHOOSE. HY YOU SAID YOUR BACKGROUND'S IN ACCOUNTING. IS THAT PL MANAGEMENT? UH, P AND L MANAGEMENT. WELL, I WAS GONNA NOMINATE YOU FOR TREASURER. WOULD YOU LIKE TO BE NOMINATED FOR TREASURER? SURE. UH, SECOND. I'LL SECOND THE NOMINATION. WE HAVE A MOTION AND A SECOND. UM, ALL THOSE IN FAVOR SAY AYE. AYE. AYE. ALL OPPOSED? THE MOTION CARRIES. ALL RIGHT. , IT'S ALWAYS BLAKE. I ALWAYS ABOUT TO BE THE PRESIDENT. . I WILL, I'LL, I'D BE HONORED TO. ALRIGHT, I'LL SECOND THAT. I'LL SECOND THAT. SO WE HAVE A MOTION AND A SECOND. ALL THOSE IN FAVOR SAY AYE. AYE. AYE. AYE. ALL OPPOSED? THE MOTION CARRIES. OKAY. VICE PRESIDENT AND SECRETARY, I WOULD LIKE TO NOMINATE MARK AS VICE PRESIDENT. SECOND MOTIONS ARE MADE AND SECONDED. ALL IS IN FAVOR OR SAY AYE. AYE. ALL OPPOSED? THE MOTION CARRIES. ALL RIGHT, ONE MORE SECRETARY. AND I WOULD LIKE TO NOMINATE MR. POLL AS SECRETARY. UH, I WOULD LOVE TO SERVE AS YOUR SECRETARY ACCEPT THE NOMINATION. THANK YOU. THANK YOU. MOTION'S MADE. SECOND I'LL. SECOND. MOTION'S BEEN MADE AND SECONDED. ALL THOSE IN FAVOR SAY AYE. AYE. ALL OPPOSED? THE MOTION CARRIES. THAT MAY HAVE BEEN THE SMOOTHEST OFFICER ELECTION WE'VE EVER HAD. TEAMWORK. THAT'S A GOOD INDICATION. THERE YOU GO. YES. THERE HAVE BEEN TIMES PEOPLE DO NOT ACCEPT STANDOFF AND NOBODY WANTS TO TAKE IT . SO THANK YOU EVERYBODY FOR BEING WILLING TO SERVE. THAT'S WHY WE'RE HERE. ALRIGHT, [Business - C] MOVING ON TO ITEM FOUR C, CONSIDERATION AND POSSIBLE ACTION ON MINUTES OF THE CORPORATION FOR THE APRIL 20, 20, 26, UH, MEETING. SO MEETING NOTES OR THE MINUTES ARE IN OUR PACKETS. AND JUST AS A NOTE, YOU, YOU DON'T HAVE TO BE PRESENT AT THAT MEETING TO VOTE ON THE MINUTES. UH, FOR OUR NEW MEMBERS, ANY COMMENTS, CONCERNS, QUESTIONS? DO WE HAVE A MOTION? UM, JUST A POINT OF CLARIFICATION. I'M, I'M READING THE BYLAWS. THE ROLE OF SECRETARY. YES. . IT'S, IT'S, IT, SO OH. IS NOT ROLE OF, SO, SO. NO. UM, WE, WE CAN DISCUSS THAT THE ROLE OF SECTION AS IT'S LISTED IN THERE. THIS IS AN EXCERPT FROM THE BYLAWS. IF YOU GO DOWN TO THE NEXT SECTION, IT TALKS ABOUT THE EDC STAFF WHO ACTUALLY CONDUCT THE DUTIES OF THOSE OFFICERS. OKAY. IT'S JUST LISTED IN DIFFERENT SECTIONS. SO I PROMISE YOU NO MINUTES ON YOUR, ON YOUR PART. I WILL, I'LL TAKE CARE OF THAT. YOU'RE GOOD TO GO. OKAY. THE MOTION WAS MADE AND VOTED . SINCE I KNOW THAT HAYDEN HAS BEEN TAKING CARE OF THESE MINUTES, I'M GONNA MAKE A, OH, DO WE HAVE A MOTION, UH, TO, TO PASS THESE MINUTES? NOT YET. THEN I'LL, I'LL MAKE THAT MOTION. DO WE HAVE A MOTION? DO WE HAVE A SECOND? A SECOND. ALL THOSE IN FAVOR SAY AYE. AYE. AYE. AYE. ALL OPPOSED. MOTION CARRIES TO APPROVE THE MINUTES. [Business - D] ALL RIGHT. ITEM FOUR D, CONSIDERATION AND ACTION ON THE FINANCIALS AND PAYABLES FOR THE CORPORATION FOR THE PERIOD ENDING IN MARCH 31ST, 2026. ALRIGHT, GOOD EVENING EVERYBODY. OUR, UH, SALES TAX REVENUES, UM, RECEIVED IN MAY FOR THE MARCH 20, MARCH, 2026 REMITTANCES WERE UP 12.9% FROM THE SAME PERIOD THE PREVIOUS YEAR, UM, TOTALLING $234,189 AND 67 CENTS. UM, SO EACH CORPORATION NOW TOTALS AT $1,164,987 AND 77 CENTS, WHICH IS 50.65% OF THE BUDGET, 50% OF THE YEAR COMPLETE. UM, WHICH IS GREAT. USUALLY, OR TYPICALLY WHAT WE SEE, WE DON'T GET ABOVE, UM, [00:15:01] THE, UH, THE PERCENTAGE OF THE YEAR INTO THE LAST TWO MONTHS. SO WE'RE, WE'RE TRACKING BETTER THAN WE TYPICALLY HAVE, UM, IN YEARS PAST. AND HAYDEN, REAL QUICK QUESTION ON THE LINE GRAPH HERE. YES, SIR. UM, THAT LINE GRAPH IS OF COURSE, THE MONTH OF THE YEAR, BUT IS THAT THE DEPOSIT MONTH OR THE SALES TAX MONTH? SO THAT IS THE SALES TAX MONTH. OKAY. JUST FOR CLARIFICATION. YES, SIR. ANY QUESTIONS, COMMENTS? UH, NO. I'D LIKE TO MAKE A MOTION FOR, UH, PAYABLE OF FINANCIALS. UM, LET'S SEE, PAYABLE AMOUNT. UM, THAT'S THE 7 0 1 OR THE 700 OR BOTH? IT'LL BE THE, THE 14,000. UH, 14,000. 14,000. OKAY. IN THE, IN THE AMOUNT OF $14,085 AND 70 CENTS FOR EXPENDITURES IN MARCH 31ST, 2026. WE HAVE A MOTION. DO WE HAVE A SECOND? SECOND. MOTION'S BEEN MADE AND SECONDED. ALL THOSE IN FAVOR SAY AYE. AYE. AYE. AYE. ALL OPPOSED? MOTION CARRIES. ALL RIGHT. [Business - E] ITEM FOUR E UPDATE ON EDC FUNDED CIP PROJECTS, INCLUDING HARRIS STREET AND DOWNTOWN EAST SIDE DRAINAGE. GOOD EVENING. UH, MY NAME IS DAVID QUAN. I'M NOT GONNA BE DOING THAT PORTION. MATTHEW WILL IN A LITTLE BIT, BUT I DEFINITELY JUST WANNA GIVE Y'ALL A HEADS UP THAT, UH, COUNSEL DID MAKE A RECOMMENDATION OR A REQUEST THAT WE WOULD KIND OF RE CHANGE UP A LITTLE BIT HOW WE DO OUR REPORTS FOR OUR PROJECTS. AND NOT THAT I WOULD CHANGE HOW WE DO OUR REPORTS FOR Y'ALL, BUT JUST WANTED TO MAKE YOU AWARE THAT WE'RE GONNA GO THROUGH AND MAKING SOME OF THOSE VERY FRONT FACING FOR THE PUBLIC. SO EVERY PROJECT WOULD IS LOOKING LIKE WE'LL HAVE A, UM, A WEB, NOT A WEBSITE, BUT A PAGE ON OUR WEBSITE THAT PRESENTS IT ON A MONTHLY BASIS. SO WE JUST WANNA LET Y'ALL KNOW THAT AS WE START DOING THIS, WE CAN DEFINITELY LOOK AT HOW WE DO OUR REPORTS THAT Y'ALL WOULD, Y'ALL WANT Y'ALL HAVE EVERY MONTH. AND IF THERE'S ANY CHANGES THAT YOU WOULD LIKE TO SEE, I KNOW, UM, YOUR OPPOSITE BOARD REQUESTED LIKE A GANTT CHART FOR PROGRESS ON HOW THE PROJECT IS LOOKING. SO I JUST WANNA GIVE Y'ALL A HEADS UP THAT AS WE DO THESE RE REITERATIONS OF OUR REPORTING, THAT WE'RE GONNA TAKE SOME OF THOSE RECOMMENDATIONS AND INCORPORATE THEM INTO Y'ALL'S REPORT. SO IF THERE'S ANY OTHER THINGS THAT Y'ALL WOULD LIKE TO SEE IN THAT, DEFINITELY JUST LET A**L AND HAYDEN KNOW AND WE CAN DEFINITELY INCORPORATE THAT SO, SO YOU CAN SEE A LITTLE BIT MORE CLEARLY ON YOUR PROJECTS. THANK YOU, DAVID. ALRIGHT, THANK YOU DAVID. UM, JUST BEFORE WE GET STARTED, I JUST WANT TO MAKE IT AWARE THAT THE LINK IN THE, UH, ATTACHMENT, UM, IT JUST LEADS TO A LOGIN PAGE PER GRANTED IS THANK YOU. WE WILL, WE WILL GET THAT ADDRESSED. YOU SHOULD BE ABLE TO JUST SCROLL DOWN TO THE PAGE. OH. AND STILL SEE THE MATERIAL. IT WON'T, IT JUST WON'T JUMP. YOU'RE RIGHT, YOU'RE RIGHT. OKAY. SO YOU SHOULD START LAST FOR THE UPDATE. YES. OKAY. ALRIGHT. SO I'LL START WITH, UM, HARRIS STREET. SO AS YOU KNOW, THE NEW CONTRACT FOR ICAHN CONSTRUCTION FOR THE SECOND PHASE OF THE PROJECT WAS AWARDED AT THE APRIL 21ST COUNCIL MEETING IN THE AMOUNT OF 2,177,337 AND 90 CENTS. UH, AS FOR DG MEDINA'S PORTION, THE RETAINAGE AMOUNT IS CURRENTLY BEING WORKED OUT WITH THEM. UH, ONCE THAT IS PAID, DG MEDINA'S PORTION WILL BE COMPLETELY DONE. UH, SO WE MOVE ON TO ICON'S PORTION OF THE WORK, WHICH IS ANTICIPATED TO START MONDAY, JUNE, JUNE. THE FIRST IS OUR ANTICIPATED, UH, NOTICE TO PROCEED. UM, SO YOU'LL NOTICE GOT A LITTLE BIT OF AN UPDATE ON THESE UPCOMING ITEMS, UH, BECAUSE OF THAT, UH, ANTICIPATED SCHEDULE, UH, SLIPPING JUST A BIT TO JUNE 1ST. WE'RE LOOKING AT END OF FEBRUARY, BEGINNING OF MARCH FOR COMPLETION OF THIS PORTION. UH, SO ON THE, ON THAT WITH ICON, I FORGET IF YOU MENTIONED AT THE LAST MEETING, HOW MANY CONTRACTORS DID WE HAVE BID THAT OR THE, OR THE REBID? THE REBID WAS I BELIEVE 5 5 5 7 TOTAL. SEVEN TOTAL. FIVE. UM, ACCEPTABLE. FIVE. OKAY. SEVEN. UH, SO ON THE FUNDING UPDATE PORTION, I, [00:20:01] AS DAVID MENTIONED IN THE A BOARD MEETING, ONCE THE RETAINAGE IS WORKED OUT WITH DJ MEDINA, YOU'LL SEE THAT PORTION, UH, WILL GO AWAY AND YOU'LL JUST HAVE THE, UH, ICONS PORTION OF THE FUNDING CHART. KIND OF CLEAR SOME THINGS UP THERE. AND IF YOU, CAN YOU JUST REFRESH MY, MY KNOWLEDGE ABOUT WHAT PERCENTAGE OF THIS PROJECT JUST GENERALLY IS THE EDCB BOARD PAYING EDCA AND AND GENERAL FUND FOR HARRIS? FOR HARRIS. SO HARRIS HARRIS STREET WAS JUST, JUST THE SANITARY PORTION? NO, NO, NO, SORRY, SORRY. THE ENTIRE PROJECT, THE ENTIRE PROJECT WAS FUNDED BY, UH, BOTH BOARDS. AND THEN OTHER THAN THE SANITARY PORTION, WHICH I THINK WAS ABOUT $478,000, IT WAS A 50 50 SPLIT. MM-HMM . UM, OKAY. BETWEEN A, I BELIEVE TYPE B FUNDED THE FUNDED, THE, THE ADDITIONAL SANITARY YEAH, YOU GOT IT. IT'S HARD TO EXPLAIN BECAUSE OF HOW, YEAH, SO THERE WAS TWO PROJECTS ORIGINALLY, BUT THE HARRIS PROJECT, UM, WE'RE LOOKING AT, IT WAS EDCA FUNDED 2.304 AND EDCB FUNDED 1.797. SO THERE WAS A LITTLE BIT EXTRA FROM THAT CAME OUTTA GENERAL FUND AND THAT WAS MOSTLY FOR DESIGN WORK AND PREEMPTIVE WORK DONE TO THAT. BUT EDCS DID, UM, TAKE CARE OF A MAJORITY OF THAT WORK. OKAY. THANK YOU. MM-HMM . SO ED CA PAID, UH, MORE THAN THE CB WE'RE GONNA HAVE? THAT'S CORRECT. WE'RE GONNA HAVE CHANGE HOW WE DO THINGS MOVING FORWARD. YEAH. AND, AND IN THE PHASES OF THE PROJECT, UM, WILL OFFICIALLY BE IN, IN PHASE TWO WITH ICON. UM, CAN YOU UPDATE WHAT, WHAT IS THE REMAINING PHASES AFTER PHASE TWO? SO PHASE PHASE TWO IN THIS, YOU KNOW, IN THIS SENSE IT'S JUST THE REMAINDER. OKAY. FROM, SO IT'S JUST A SWITCH FROM MEDINA TO CORRECT ICON THAT'S PHASE ONE AND PHASE TWO. YES SIR. IT'S THE REMAINING STRETCH FROM FIFTH TO SECOND. OKAY. YEAH, NO, THE TOTAL. OKAY. NO, NO, THERE'S TWO CASES. GOT IT. YES SIR. AND JUST TO REITERATE THE SCHEDULE THAT, UH, PEDESTRIAN CROSSWALK PORTION IS GONNA BE ADDRESSED FIRST BY THE CONTRACTOR. SO, AND THEN I KNOW WE ASK THIS QUESTION EVERY MONTH, BUT FUNDING WISE, IS THERE ANY ANTICIPATED EXTRA FUNDING THAT WILL BE NEEDED FROM EITHER BOARD ON THE PROJECT THAN WHAT WE'VE ALREADY APPROVED? SO I KNOW WHEN WE AWARDED THERE YEAH, THAT'S STILL THE CASE WITH ICON IN THE CONTRACT. THAT IS CORRECT. SO WE, UM, HAD SOME RESIDUAL FUNDS FROM OTHER CIP PROJECTS THAT DID NOT COME FROM EDC BOARDS THAT WE MOVED OVER TO KIND OF ANTICIPATE THAT, UM, INCREASE. AND IT WAS, WE'RE ONLY ANTICIPATING ABOUT $200,000 INCREASE ON THE OVERALL BUDGET. YEAH. BUT NONE OF THAT'S GONNA COME FROM EDCS. WE DID THAT, GET THAT COVERED BY OTHER FUNDING. OKAY. QUESTION, DID THE PROPOSAL FROM ICAHN, WAS THAT A GUARANTEED MAXIMUM PRICE A GMP OR IS THAT, IS THERE ROOM FOR THEM TO ISSUE CHANGE ORDERS? WE DO NOT CURRENTLY USE, UH, GUARANTEED MAXIMUM PRICES. WE HAVE LOOKED INTO SOME OTHER TYPES OF, UH, FUNDING OR CONTRACT MECHANISM TO INCLUDE THAT. SO WE ARE TAKING ON THE MAJORITY OF THE RISK IN THIS THAT'S CORRECT FOR CHANGE ORDERS, BUT WE HAVE, UM, REISSUED OUR PLAN SETS AS WELL AS HAD A QUITE A FEW DISCUSSIONS WITH THE CONTRACTOR AND DON'T EXPECT VERY MANY CHANGE ORDERS, BUT WE ALSO ARE IN A DOWNTOWN DISTRICT WHERE WE KNOW THAT THERE COULD ALWAYS BE A CHANGE WHEN YOU START TEARING THINGS UP. ALRIGHT. ANY OTHER QUESTIONS ON HARRIS? I MEAN, JUST A GENERAL COMMENT. I MEAN, WE'RE ENDING, WE'RE COMING TO THE END OF THE PROJECT, RIGHT? WE'RE GOING TO FINISH IT UP IN THE NEXT FISCAL YEAR AND, AND SO IF THERE IS ANY BUDGETING THINGS THAT WE NEED TO DO TO MAKE, YOU KNOW, THE PROJECT COME TO THE COMPLETION, IT'D BE NICE TO INCORPORATE THOSE INTO OUR UPCOMING BUDGET IF THERE IS GONNA BE ANY, IT DOESN'T SOUND LIKE THERE'S ANY SOUND LIKE IT'S COVERED, BUT WE GOT JUST A FEW MONTHS OF, UH, FINALIZING, SO. OKAY. VERY GOOD. ALRIGHT, MOVE ON TO DOWNTOWN EAST SIDE DRAINAGE FOURTH STREET. SO, UH, KIND OF AN UPDATE ON PROGRESS. THE STORM SEWER INSTALLATION HAS CONTINUED FROM THE SIMS INTERSECTION ALMOST UP TO WILSON NOW. UH, SO THAT WHOLE PORTION IS READY FOR PAVING ESSENTIALLY. AND KIND OF THE PLAN IS, UM, [00:25:02] ANTICIPATED IT CONCRETE POUR TODAY, OBVIOUSLY WITH THE RAIN THAT COULDN'T HAPPEN. SO TOMORROW, I BELIEVE AT 10 30 THEY'RE GONNA POUR CONCRETE UP TO, UH, SIMS AND THEN REOPEN THAT INTERSECTION SO THAT THEY CAN KIND OF WORK ON THAT NEXT PORTION, UH, START TEARING THAT UP. SO, UM, SO YOU'LL SEE ON HERE WE DO HAVE THE BREAKDOWN BETWEEN A AND B BOARD OF HOW MUCH WAS FUNDED FROM EACH BOARD. AND, AND SO THE, THE, THE DIFFERENCE BETWEEN THE CURRENT CONTRACT AND THE A AND THE B BOARD ALLOCATION, IS THAT, IS THAT FROM THE GENERAL FUND? YES, YES, YES. 300. USUALLY IT'S THE DESIGN PORTION. YES. YEAH. USUALLY THE DESIGN PORTION, THE CITY FUND WILL, THE CITY WILL FUND THROUGH CIP AND THEN ONCE THEY GET READY TO MOVE ON, THEY'LL COME AND ASK WITH THE DESIGN ALREADY, UM, AND THE PROJECT READY TO MOVE FORWARD AT THAT POINT. NOT ALWAYS, BUT THAT'S JUST HOW THESE TWO PROJECTS WORKED. OKAY. OKAY. AND THEN YOU'LL SEE A SHORT FUNDING UPDATE DOWN HERE. WE ARE CURRENTLY WORKING ON A CHANGE ORDER NUMBER THREE. UH, SO THOUGH WE'LL HAVE THAT UPDATED FOR NEXT MONTH'S MEETING, BUT THAT IS CURRENTLY WHAT IS THE CHANGE ORDER NUMBER THREE IN REGARDS TO? SO THERE'S A, THERE'S A FEW, THERE'S A, A FEW SMALL THINGS, UH, ADDITIONAL SUBGRADE MATERIAL. UH, I BELIEVE THE INSERT VALVE WAS AN ADDITIONAL WATER VALVE, UM, THAT WE DIDN'T WANT TO TAKE TO COUNSEL OR PRESENT ONE AT A TIME. SO THEY'LL, THEY'LL BE COMBINED AT A ONE CHANGE ORDER. IS IS THAT SOMETHING THAT THE EDC IS GONNA BE ASKED TO PAY FOR? NO. NO. OKAY. OKAY. ANY OTHER QUESTIONS ON FOURTH STREET? YEAH. UM, I KNOW HOW INCONVENIENCE THIS MUST HAVE BEEN FOR THE RESIDENTS OF THAT, UM, AREA. DO WE HAVE AN ESTIMATE OF, UM, HOW MUCH LONGER THIS WOULD TAKE? DO YOU HAVE LIKE THE WHOLE, THE WHOLE PROJECT? YEAH. UH, WE'RE STILL ANTICIPATING JANUARY FOR COMPLETION, BUT THE WAY, THE WAY THE CONTRACTOR'S MOVING, UH, YOU KNOW, THEY'RE MOVING, THEY'RE DEFINITELY AHEAD OF SCHEDULE, SO THANK YOU. YEAH. THEY'RE MOVING GOOD. MM-HMM . SOME BIG OLD CULVERT PIPES TOO YEAH. THAT THEY'RE PUTTING IN. YEAH. SO THANK YOU MATTHEW. THANK YOU. CAN, CAN I ASK, SO THERE ARE CHANGE ORDERS, THERE ARE ADDITIONAL CHANGE ORDERS. IS THERE A PARTICULAR REASON Y'ALL WOULD GO TO GENERAL FUNDS VERSUS COME BACK TO US? I'M JUST FOR, FOR ADDITIONAL FUNDING, JUST, UM, SO WE HAD THE PRO, WE HAD THE FUNDINGS ALREADY IN OUR GENERAL LEDGER. YEAH. UM, SO, AND IT, THERE'S SMALLER AMOUNTS MM-HMM . SO WE FIGURED WE JUST, IT WAS A LITTLE BIT FASTER, MORE EXPEDIENT, JUST IF WE WENT AHEAD AND USED THE FUNDING THAT WE HAD. OKAY. UM, JUST BECAUSE IT WAS AVAILABLE. SO THERE WASN'T ANY REASON BEYOND THAT. UM, BUT IF Y'ALL WOULD LIKE ANY OF THE OTHER, IF ANY OF YOUR PROJECTS IN THE FUTURE, WE KIND OF HIT THESE SNAGS, WE CAN DEFINITELY PRESENT THEM TO Y'ALL. UM, IF THAT WOULD BE THE IDEAL WAY THAT YOU'D LIKE US TO DO IT? WELL IT'S JUST, IT IS JUST KIND OF THE BASIS OF WE'RE TRYING TO KEEP THIS FUNDED BY THE EDC. SURE. YOU KNOW, WE'RE FUNDING IT AS A PROJECT MM-HMM . THE PROJECT NEEDS ADDITIONAL FUNDS. SURE. AND THIS WAS A SPLIT PURCHASE, LIKE, SO WE SAID HAD SOME OTHER FUNDS, UM, IN THE GENERAL FUND. SO THAT'S JUST, THAT'S THE ONLY REASON WHY THEY WEREN'T ENORMOUS, UM, CHANGE ORDERS. UM, AND LIKE MATTHEW SAID, THERE WERE SUB-GRADE ISSUES THAT WE JUST WANTED TO TAKE CARE OF IMMEDIATELY JUST BECAUSE RESIDENTS WERE GONNA BE INCONVENIENCED. IF WE KIND OF PROLONGED, UM, ANY TYPE OF CHANGE ORDER PROCESS, COULD WE INCLUDE THAT JUST, JUST A REQUEST, LIKE ANYTIME YOU PULL FROM A GENERAL FUND, COULD WE REQUEST THOSE NUMBERS? JUST BECAUSE IF OUR NAME'S GONNA BE ON IT, I THINK IT OUGHT TO BE, WE OUGHT TO BE AWARE OF THE ACTUAL NUMBERS THAT WE'RE DEALING WITH JUST SO THAT IT'S CLEAR WHAT'S COMING FROM US AND WHAT'S COMING FROM A GENERAL FUND. THAT, AND THEN THAT WAY AT LEAST WE'RE AWARE OF WHAT WE ARE SPENDING ON A PROJECT AND WE JUST, IT, I DON'T, I THINK MAYBE WHAT MARK'S SAYING IS THAT IT COULD GET A LITTLE MESSY SURE. IF SOME MONEY'S COMING FROM THIS PLACE AND SOME MONEY'S COMING FROM THAT PLACE, THAT WE COULD JUST KEEP IT CLEAN. ABSOLUTELY. AND THAT WAS PART OF THE, THE CHANGES THAT WE'RE DOING IN THE FRONT FACING PORTION, THE FUNDING SOURCES, WERE GONNA BE ONE OF THOSE ITEMS TO SHOW WHERE THE MONEY WAS COMING FROM. OKAY. AND THE AMOUNT OF THAT MONEY. OKAY. MM-HMM . YEAH. AND WE CAN DISCUSS FURTHER INTERNALLY AS WELL. BUT IF IT'S [00:30:01] A REQUEST THAT COMES TO US, IT'S NOT JUST THE WAITING FOR IT TO BE ON THE AGENDA, BUT ALSO, UM, THEN GOING TO FINANCE TO THEN DO THE BUDGET AMENDMENT TO THEN FREE UP THE DOLLARS. BUT I'M SURE THAT WE CAN FIGURE OUT A WAY THAT, UH, MAYBE IT'S A REIMBURSEMENT BACK TO THEM IF YOU WANT TO KEEP 100% OWNERSHIP OF THE FUNDING OF THE TOTAL PROJECT. UM, YEAH. YOU JUST LET US KNOW WHAT THE I INPUT IS. I'M NOT HERE TO MAKE IT HARDER. I'M HERE TO FUND THE PROJECTS THAT WE FUNDED. THAT'S IT. THAT'S IT. SURE. SURE. VERY GOOD. THANK YOU. ALRIGHT. THANK YOU. THANK YOU. IF, IF I COULD JUST MAKE ONE LAST COMMENT. UH, I THINK THESE TWO PROJECTS ARE SUPER IMPORTANT FOR OUR CITY, UM, FOR A LOT OF REASONS. AND THEY'RE ONE OF THE REASONS WHY I THINK EDC IS SO FASCINATING. UM, THE WAY I THINK ABOUT EDC, AND I KNOW THERE'S DIFFERENT DEFINITIONS, BUT I THINK ABOUT EDC AS THE PURPOSE IS TO GROW THE PIE. AND WHEN I WAS ON COUNCIL, I FUSSED ABOUT, UH, A LOT OF THE ISSUES WITH THE BUDGET FOR OUR CITY IS BECAUSE WE ARE SO DEPENDENT ON SINGLE FAMILY RESIDENTS. UH, FOR OUR APPRAISAL ROLE, I THINK IT'S 84% OF OUR APPRAISAL ROLE IS SINGLE FAMILY RESIDENTS. I SOUND LIKE A BROKEN RECORD. UM, AND THIS, WHAT THESE TWO PROJECTS, HARRIS STREET AND THE EAST SIDE DRAINAGE PROJECT ARE GOING TO DO IS IT'S GOING TO ALLOW OUR DOWNTOWN DISTRICT TO DEVELOP DOWNTOWN. YOU HAVE A, A LOT OF YOU HAVE FRAGMENTED OWNERSHIP, IRREGULAR SIZED PARCELS, AND IF YOU WANT TO BUILD SOMETHING THERE, YOU HAVE TO DIG YOUR OWN DETENTION THERE. WHAT THIS PROJECT'S GONNA ALLOW IS FOR PROPERTY OWNERS TO BUILD BIGGER PROPERTIES ON THERE. THESE PROPERTIES ARE GONNA FILL MORE VALUE ON THE APPRAISAL ROLE. THEY'RE GONNA PAY HIGHER PROPERTY TAXES, POTENTIALLY GENERATE HIGHER SALES TAXES, AND JUST ADD A LOT OF BALANCE TO, UH, THE BUDGET OF OUR CITY. SO I, I, I LOVE THESE PROJECTS. I'M SUPER GRATEFUL FOR ALL OF YOUR HARD WORK ON THEM. THANK YOU. YES, SIR. [Business - F] ALL RIGHT. MOVING ON TO ITEM FOUR F, UM, REVIEW AND DISCUSS THE FISCAL YEAR 27 BUDGET PROCESS, SCHEDULE AND DEVELOPMENT. NO, THANK YOU. IN YOUR, UH, EXECUTIVE SUMMARY, YOU HAVE ALL OF THIS TYPED OUT, UM, FOR YOU TO REFER TO, BUT I'M JUST GONNA MOVE DOWN, UM, JUST A DIFFERENT SECTION. SO THE MID-YEAR BUDGET REPORTS, SUMMARY REPORTS FOR ALL FUNDS, INCLUDING OUR DEPARTMENT FUND, ARE INCLUDED IN THE FINANCIALS AND PAYABLES AGENDA ITEM. SO, UH, IF YOU JUST SCROLL BACK A FEW PAGES, THEY'RE INCLUDED IN THERE. UH, REVENUES AND EXPENDITURES ARE TRACKING BETTER THAN ANTICIPATED, AS BUDGETED THROUGH MARCH, 2026. UH, FOR OUR NEW MEMBERS, WHEN WE DO OUR ORIENTATION, WE CAN WALK YOU THROUGH EVERY LINE ITEM AND EXPLAIN IN DETAIL WHAT ALL IS COVERED. ANY OTHER BOARD MEMBER, IF YOU AT ANY POINT HAVE A QUESTION, WE CAN WORK THROUGH THAT. AND AT OUR NEXT MEETING WE'LL DO IT IN MORE DETAIL. BUT THAT'S JUST, UM, FOR YOU TO TAKE A LOOK AT AND GET A LITTLE FAMILIAR WITH NOW. AND THEN, UH, MOVING ON THE ADMINISTRATIVE SERVICES AGREEMENT, A RED LINE COPY OF THE FISCAL YEAR 26 A SA, UM, FOR THE FDC IS ATTACHED HERE IN THIS ITEM. UM, THE FUNDAMENTAL COMPOSITION AND STRUCTURE OF IT HAS NOT CHANGED AT ALL FROM THE PREVIOUS FISCAL YEAR. THERE'S JUST A FEW MINOR EDITS, UH, NEW DATES OBVIOUSLY TO MOVE IT ON TO THIS YEAR. AND THEN THE AMOUNT OF EXPENDITURE ALLOWANCES AS REFLECTED IN THE REVISION OF OUR BYLAWS, UM, THAT JUST HAPPENED THIS PAST YEAR. UM, SO THAT'S THE ONLY TWO CHANGES THAT YOU WILL SEE THERE. FOR FISCAL YEAR 27. THE BUDGET PARAMETERS, UH, CONSERVATIVE SALES TAX REVENUE ESTIMATE FOR FISCAL YEAR 27 IS 10% OVER THIS YEAR'S BUDGETED AMOUNT. UM, WHICH MEANS IT WOULD INCREASE FROM $2,300,000 TO $2,530,000. UM, AS ALWAYS, THE LARGEST ANTICIPATED IMPACT ON THE FDCS FUND BALANCE WILL BE THE ONE TIME, UH, REQUESTS OR TRANSFERS TO THE PROJECTS FUNDS. UM, AND THIS IS REFERRING JUST TO WHAT YOU HEARD, THE CIP PROJECTS AND THOSE REQUESTS, THAT BIG TICKET ITEMS THAT COME BEFORE YOU. UM, AND WE ALWAYS WORK WITH PUBLIC WORK STAFF TO ENSURE THAT ALL OF THOSE PROJECTS TO WITH PUBLIC WORK STAFF AND WITH OUR LEGAL COUNSEL TO ENSURE THAT THE PROJECTS MEET THE STATUTE REQUIREMENTS FOR EDC FUNDS AND ARE ALLOWABLE. AND ALSO, UM, WE LOOK AT THAT TIMELINE AND ENSURE THAT IT'S TIED BACK TO THE STRATEGIC PLAN FOR ECONOMIC DEVELOPMENT. UM, ULTIMATELY, SO PRELIMINARY DRAFT BUDGETS FOR FISCAL YEAR 27 ARE SCHEDULED TO BE PRESENTED TO YOU AT OUR JUNE MEETING. SO NEXT MONTH YOU'LL HAVE THAT AS WELL AS THE A SA DRAFT FOR FISCAL YEAR 27. UM, IT IS UP TO YOU TO GUIDE US IN WHAT YOU WOULD LIKE TO PRIORITIZE AS FAR AS FUNDING GOES IN TERMS OF PROJECTS, UM, BOTH WHAT IS PRESENTED TO YOU BY PUBLIC WORKS, BY STAFF, UM, AND ANYTHING ELSE THAT YOU MIGHT SEE. [00:35:01] UM, MR. POWERS MENTIONED HE'S VISITED OTHER COMMUNITIES AND SEEN SOME OF THE PROJECTS THEY'RE WORKING THERE. SO, UM, IF YOU SEE SOMETHING LIKE THAT YOU'D LIKE TO BRING TO OUR ATTENTION, HAVE US, YOU KNOW, DO SOME RESEARCH AND PRESENT OPTIONS, WE'RE ALWAYS OPEN TO THAT. SO IN THE ME BETWEEN NOW AND NEXT MEETING, UM, IF YOU HAVE ANY IDEAS, PLEASE SEND THEM OVER TO US AND WE CAN ADD THAT TO DISCUSS, UH, ON THE AGENDA. AND THEN THE REST OF THE EXECUTIVE SUMMARY JUST SHOWS, UM, WHAT JUNE AND JULY WILL HOLD FOR OUR MEETING. ARE THERE ANY QUESTIONS ON AS FAR AS THE PROCESS GOES? OKAY. DOESN'T SEEM LIKE IT TODAY. THANK YOU. WHAT IS THE JUNE MEETING? JUST HOLD MY CALENDARS OVER. GIVE US ONE SECOND NOW THAT WE , JUST BRING ALL OUTSIDE, WHAT IS IT? THE SECOND TUESDAY SHOULD BE THE 15TH, OR NO, IT'S USUALLY MONDAY THE 15TH OF JUNE. THE 15TH OF JUNE. ALRIGHT. YEP. AND WE'LL SEND OUT A CALENDAR WITH ALL THE UPCOMING MEETINGS AS WELL. UM, AND, AND YOU'LL GET THOSE CALENDAR INVITES THE WEEK PRIOR WITH THE PACKET. ALRIGHT, THANK YOU. ALRIGHT, MOVING [Recurring Items - A] ON TO ITEM FIVE A. RIGHT, LET'S SEE IF I CAN FIND IT. ITEM FIVE A, THE ECONOMIC DEVELOPMENT REPORT. YES. SO I'LL START WITH ITEM ONE, THE DENSITY STUDY UPDATE ON THE PARKING STRUCTURE. NOW THAT WE HAVE OUR NEW BOARD MEMBERS APPOINTED, WE WILL SEND OUT DATES, UM, IN THE NEXT WEEK OR SO TO SEE WHEN WE CAN GET A FORUM TO HOST A SPECIAL JOINT MEETING BETWEEN A AND B BOARD DURING THE MONTH OF JUNE. AT THAT MEETING, WE WILL HAVE, UM, COOPER ATTEND, UH, AND PRESENT THE FINDINGS OF THEIR STUDY, THE RENDERINGS, UM, THE PROJECTED COST OF THE PARKING STRUCTURE, AND, UM, LET YOU ALL ASK YOUR QUESTIONS. AND, UM, IN THE MEANTIME BE BETWEEN LYNN AND THAT MEETING STAFF WILL MEET WITH THE PROPERTY OWNERS, UM, OF THE PROPOSED LOCATION AS A PARKING STRUCTURE TO HAVE THEM REVIEW THAT AS WELL. SO WE HOPE THAT PART OF THAT PRESENTATION WILL ALSO BE, YOU KNOW, A GENERAL, UM, RECOMMENDATION OR, UM, REACTION FROM THE PROPERTY OWNERS AND HOW THEY'RE WILLING TO COLLABORATE AND WORK WITH THE CITY TO MAKE IT A REALITY. SO WE'RE REALLY LOOKING FORWARD TO GETTING THEIR INPUT AND FEEDBACK. UM, IT'S SOMETHING THAT'S BEEN IMPORTANT TO US FROM THE BEGINNING, UM, AND WE'VE TRIED TO KEEP THEM, UH, AS UPDATED AS POSSIBLE THROUGH THE PROCESS. WELL, THAT'S EXCELLENT. UM, JUST TO BUILD ON THE LAST POINT I MADE, YOU HAVE THESE SMALL, I REGULAR FRAGMENTED LOTS DOWNTOWN, AND YOU'RE GOING TO BUILD SOMETHING ON IT RIGHT NOW. A THIRD OF IT HAS TO BE USED FOR PARKING, A THIRD OF IT HAS TO BE USED FOR DETENTION. A THIRD OF IT YOU CAN BUILD A PROPERTY OUT YOUR, YOUR ACTUAL IMPROVEMENTS ON WHEN WE SOLVED THAT PARKING ISSUE, NOW ALL OF A SUDDEN WE HAVE EVEN, IT'S LIKE A FORCE MULTIPLIER FOR WHAT WE CAN DO WITH OUR DOWNTOWN DISTRICT. SO I'M, I'M EXCITED FOR THAT PROJECT. ME TOO. YEAH. AND ANELLE, QUICK QUESTION ON THE PARKING STRUCTURE. YES SIR. WHAT'S PRINTED OUT IN OUR PACKET, IS THAT KIND OF BASED OFF OF THE STUDY OR IS THAT GONNA, THAT'S THE OLD ONE THAT WILL CHANGE BASED OFF THE NUMBERS OFF THE STUDY? THAT'S CORRECT. YEAH, THAT'S PRELIMINARY. THAT'S WAS THEIR ESTIMATE AT THE TIME WHEN THEY PUT THE POWERPOINT TOGETHER. OKAY. SO IT'S CLOSE, BUT WE'LL HAVE UPDATED NUMBERS FOR YOU. OKAY. OKAY. I'LL MOVE ON TO ITEM TWO. THE ICSE VEGAS RECAP. UM, HI MYSELF DID ATTEND, UM, THE SHOW LAST WEEK. I WILL SAY WE HAD MANY, MANY MEETINGS, UH, IN A LOT OF GOOD PROGRESS THAT WE HOPE, UH, WE'LL BE ABLE TO SHARE MORE DETAILS SOON. WE HAVE A FEW FOLLOW-UP MEETINGS FROM THAT AS WELL, UM, SCHEDULED IN THE FUTURE. BUT, UM, A LOT OF GREAT MOMENTUM, A LOT OF PROJECTS THAT WE'VE BEEN WORKING ON FOR THE PAST TWO YEARS, SOME 18 MONTHS. AND, UM, WE'RE VERY EXCITED TO SEE THEM COME TO FRUITION AND, UM, BEGIN TO REALLY TAKE FORM. MM-HMM . SO, UM, THANK YOU FOR YOUR SUPPORT AND THE OPPORTUNITY FOR US TO ATTEND THOSE SHOWS. UM, NOT ONLY DO WE HAVE THOSE OPPORTUNITIES, UM, TO MEET WITH BROKERS AND DEVELOPERS AND RETAILERS AND RESTAURANTS, UM, [00:40:01] BUT IT'S ALWAYS ALSO AN OPPORTUNITY TO SEE WHAT CITIES, UM, THAT ARE EXPERIENCING THE SAME RATE OF GROWTH ARE DOING, HOW THEY'RE TACKLING, UM, RETAIL RECRUITMENT AND ALL OF THAT. SO IT'S VERY BENEFICIAL. THANK YOU. THANK Y'ALL. UH, ITEM THREE, THE SMALL BUSINESS WEEK RECAP. UM, THIS HAS DEFINITELY BEEN MY FAVORITE SMALL BUSINESS WEEK HERE SO FAR. UH, I'LL SAY LIFE THROUGH LEMONS. UH, OUR SHORE BUSINESS OWNERS AND WE DEFINITELY WORK TOGETHER TO MAKE LEMONADE . UM, WE HAD THE RECENT CLOSURE OF THE PAINTED TREE. I'M NOT SURE IF YOU SAW OR IF YOU'RE FAMILIAR, UM, BUT THIS WAS, UH, A STORE IN CINCO RANCH THAT RENTS OUT BOOTH SPACES. SO WITHIN ONE ROOF YOU HAVE, UH, DOZENS OF BUSINESSES OF DIFFERENT TYPES, SMALL BUSINESSES. A LOT OF OUR SHORE RESIDENTS WHO HAD OUTGROWN LOCATIONS HERE OR HAD BEEN PREVIOUSLY RUNNING OUT OF THEIR HOMES HAD A BOOTH THERE. UM, AND THEY GOT A CALL ONE MORNING THAT SAID, WE'VE DECLARED BANKRUPTCY, COME GET YOUR ITEMS. THEY WERE NOT PAID FOR THE PREVIOUS TWO MONTHS OF SALES OF THEIR, UM, INVENTORY AND THEY WEREN'T GETTING BACK THE RENT MONEY THEY HAD PAID, UH, INTO THE FUTURE. AND SO WE KIND OF SAW THAT AND SPRUNG INTO ACTION, REACHED OUT TO SOME OF OUR LOCAL BUSINESS OWNERS AND SAID, WHAT CAN WE DO TO HELP? AND SO WHAT ENDED UP COMING OF THAT WAS OUR SHOP SHOP FULL FIRST SHOP LOCAL EVENT THAT WE HOSTED AT IRENE STERN. UM, WE HAD OVER 23 BUSINESSES AND IT WAS A HUGE SUCCESS. WE PUT THAT TOGETHER WITHIN MAYBE 10 DAYS. UM, TIFFANY, UM, GREEN WITH TIFFANY'S TINY FLOWER TRUCK WAS A HUGE HELP IN JUST MOBILIZING ALL OF OUR LOCAL ENTREPRENEURS. WE HAD KID, KID OWNED BUSINESSES. IT WAS JUST REALLY BEAUTIFUL TO SEE THE COMMUNITY THAT'S GREAT COME OUT, UH, AND SUPPORT A LOT OF OUR BOARD MEMBERS WERE THERE, SO THANK YOU. UM, JUST FOR SUPPORTING AND ATTENDING. UM, BASED ON THAT EVENT, WE RECEIVED A LOT OF FEEDBACK TO HOST SIMILAR EVENTS IN THE FUTURE, AND SO WE'RE HAVING SOME DISCUSSIONS ON WHAT THAT COULD LOOK LIKE, MAYBE SEASONALLY, UM, THAT TYPE OF THING. THERE'S A LOT OF BENEFITS TO, UM, THAT SPACE AND IT'S ALREADY A CITY-OWNED FACILITY THAT WE CAN UTILIZE, UM, TO HELP OUR LOCAL BUSINESS OWNERS. UM, JUST TO GIVE YOU AN EXAMPLE, SOME MARKETS THAT THEY PARTICIPATE IN, THEY'RE PAYING 300, $400 JUST TO BE ABLE TO SET UP SHOP. SO NOW YOU HAVE TO SAY, OKAY, WHAT'S THE PROFIT THEY'RE MAKING, YOU KNOW, IF THEY'RE JUST SELLING US FOR ITEMS. UM, SO WE WERE VERY HAPPY TO BE ABLE TO PROVIDE AN INDOOR SPACE, UM, NOT HAVE TO WORRY ABOUT WEATHER AND ALSO NOT CHARGE THEM TO SET UP. UM, SO IT'S JUST, IT WAS A REALLY GREAT, UM, SMALL BUSINESS WEEK AND WE JUST LOOK FORWARD TO CARRYING OUT THAT SAME COLLABORATIVE SPIRIT, UM, THROUGHOUT THE REST OF THE YEAR AND, AND JUST REALLY GROW THOSE TYPES OF MARKETS. POPUP MARKETS, UM, IS OFTEN WHAT THEY'RE CALLED. SO IF, IF YOU HEAR ANYTHING ELSE FROM BUSINESS OWNERS LIKE THAT, ANY KIND OF ISSUE, WE TRY OUR BEST TO KIND OF KEEP OUR EARS OPEN AND OUR ICE PEELS AND ALWAYS, YOU KNOW, TUNING INTO WHAT'S HAPPENING AND HOW OUR BUSINESS OWNERS ARE BEING AFFECTED, UM, AND DO ANYTHING THAT WE CAN TO HELP THEM. DID I MISS ANYTHING ELSE ON THAT? YEAH, I, I WILL SAY, UM, JUST AS, AS KIND OF A, UH, POINT TO THAT, I THINK ME AND ANELLE WERE MANNING THE FRONT TABLE FOR A LOT OF THE NIGHT. UM, ESPECIALLY AS THE EVENT WENT ON AND I THINK OUT OF EVERYBODY THAT WAS GOING IN THERE AND, AND AND ENJOYED THE EVENT, I THINK ONE PERSON WALKED OUT WITHOUT A BAG. SO, AND MOST PEOPLE HAD MULTIPLE BAGS OF ITEMS THAT THEY PURCHASED FROM, UM, ALL OF OUR RETAILERS. SO IT WAS, IT WAS GREAT TO SEE THE SUPPORT FOR THEM AND, UM, I THINK THE COMMUNITY REALLY BOUGHT INTO IT WELL. MM-HMM . SO I GUESS THE ONLY QUESTION IS HOW DO WE MAKE IT BIGGER'S A GREAT QUESTION. YEAH. AND IT, AND IT'S A CHALLENGE WE DISCUSSED, YOU KNOW, IT'S SO WEATHER DEPENDENT, BUT IRENE DOES HAVE THE PAVILION BESIDE THE PLAYGROUND AND THAT GRASSY AREA FROM THE PLAYGROUND TO THE STREET CURB. SO WE TALKED ABOUT, UM, GIVING DIFFERENT VENDORS THE OPTION TO SET UP THERE. WE GOT, WE DID HAVE ONE FOOD TRUCK, WE HAD ADELPHIA OUT THERE, UM, AND WE GOT REQUESTS, CAN YOU, CAN YOU BRING MORE FOOD? I MEAN, THE LINE WAS JUST COMPLETELY, UH, I MEAN EVEN BEFORE THE EVENT STARTED, PEOPLE WERE LINING UP. MM-HMM . I THINK THE LOCATION OF IRON STERN IS REALLY CONDUCIVE TO PEOPLE ATTENDING. A LOT OF TEENAGERS AND FAMILIES WALKED FROM ACROSS IN THE NEIGHBORHOOD. UM, WE HAD PUT A SHOP SMALL, THOSE YARD CARDS, THEY CALLED THEM THE BIG LETTERS IN THE LAWN, UH, THE TUESDAY BEFORE THE EVENT ON THURSDAY NIGHT. AND I THINK THAT PEOPLE DRIVING THERE FOR THE SCHOOL PICKUPS FOR HUGGINS ELEMENTARY AND THE OTHER THREE SCHOOLS, UM, SAW THAT. AND SO THEY ALL CAME BACK. BUT YES, OUR GOAL IS ALWAYS TO GROW IT. [00:45:01] THERE'S SOME LIMITATIONS THERE, BUT WE HOPE THAT WE CAN ACTIVATE THE OUTDOOR SPACE, STEP ONE, AND THEN JUST ROTATE THE BUSINESSES. AWESOME. AND IF YOU GUYS EVER NEED, UM, EXTRA PAIR OF HANDS, SUPPORT, HELP, I'M HERE. THANK YOU SO MUCH DJ. WELCOME . YEAH, THERE YOU GO. LIVE DJ OUTDOORS. UM, YES, AND I, I WOULD LIKE TO SAY THAT IT TRULY WAS A TEAM EFFORT. HAYDEN AND MYSELF WORKED A LOT WITH THE BUSINESS OWNERS, BUT OUR COMMUNICATIONS TEAM TURNED AROUND. YES. UM, ALL OF THE MARKETING WITHIN I THINK MAYBE 48 HOURS OF, HEY, WE'RE DOING THIS, CAN YOU HELP US? YES. HERE'S THREE IDEAS, HERE'S FLYERS, HERE'S ALL THE ASSETS FOR YOU TO SHARE AND MARKET THE EVENT. UM, ADDITIONALLY WE HAD OUR FACILITIES TEAM, PUBLIC WORKS TEAM HELPING SET UP THE ROOM. UM, THEY HAD AN EVENT BEFORE US AND AN EVENT AFTER US. SO IT WAS TEAR DOWN, SET UP, TEAR DOWN, SET UP. MM-HMM . JUST AROUND THE CLOCK. I MEAN, WE REALLY HAD A LOT OF OUR CITY EMPLOYEES SHOW UP, JUST GREAT SUPPORT ALL AROUND. SO WE WERE GRATEFUL FOR THAT. THAT IS A REALLY COOL EVENT. SO IT'D BE COOL TO SEE IT LIKE US DOING IT ON A QUARTERLY BASIS OR HOW HOW OFTEN WE COULD MAKE IT WORK. UM, IT'D BE A REALLY NEAT EVENT SO YOU COULD BARELY WALK. YEAH. LIKE YEAH, IT WAS PACKED. YEAH. I MEAN EVEN WAS EVEN TO THE POINT WHERE SETTING UP A BIG CANOPY AND LIKE THAT BACK SIDE OF THE PARKING LOT. YEAH. UM, TO BE ABLE TO SET UP VENDORS AND NOT NOW THAT'S A GREAT IDEA. TAKES AWAY PARKING. MM-HMM . UM, SO POLICE DEPARTMENT MAY HAVE SOMETHING TO SAY ABOUT THAT, BUT I MEAN THE SCHOOL IS NOT THAT FAR. YEAH. TRUE TO MAYBE SHUTTLE, WE COULD SHUTTLE OVER IT'S, YEAH. MM-HMM . SO VERY TRUE. IT IT'S WALKABLE. YEAH. IT IS VERY WALKABLE. SO VERY COOL EVENT. GREAT IDEA. THANK YOU. UH, LASTLY, UPCOMING EVENTS, AND I DON'T KNOW WHAT HAPPENED TO MY NOTES HERE, BUT WE DO HAVE A, A FRANCHISEE WORKSHOP THAT WE ARE HOPING TO SHARE ALL THE MARKETING MATERIALS NEXT WEEK. UM, WE'VE HEARD, UM, SOME OF OUR RESIDENTS EX EXPRESS INTEREST IN FRANCHISING SOMETHING, BUT THEY'RE JUST NOT SURE WHAT WOULD BE A GOOD FIT. AND SO, UM, WE'VE FOUND SOMEBODY THAT THAT'S THEIR SPECIALTY. IT'S KIND OF A PERSONALITY TEST, IF YOU WILL, OF THE PERSON INTERESTED IN INVESTING. UM, AND IT PAIRS THEM WITH WHAT THEY DEEMED TO BE THE MOST SUCCESSFUL AND, YOU KNOW, PROPER PAIR. UM, THE RATE OF SUCCESS IS THROUGH THE ROOF. IT COSTS US NOTHING. THE, THE COMMISSION, IF YOU WILL, IS PAID FROM THAT RETAILER TO THE FRANCHISE TO THAT SERVICE. UM, SO IT'S PERFECT. WE'RE HOPING TO HOST THAT FOR BREAKFAST IN JUNE, END OF JUNE IN 20. AND, AND IT'S A FRANCHISEE EVENT? FRANCHISEE WORKSHOP. WORKSHOP. WORKSHOP. YES. WHERE IS THAT GONNA BE HOSTED? THAT'LL BE HERE AT CITY HALL. OKAY. WE'RE HOPING TO HOST IT FOR A BREAKFAST THOUGH. IS THIS A BREAKFAST? OKAY. YES. AND YOU'RE GONNA CATER THE BREAKFAST? YES SIR. YES. WE'LL SEND ALL THE MARKETING MATERIALS, WE'LL SEND AN INVITE AS WELL IF YOU'D LIKE TO ATTEND. AND IF YOU KNOW OF SOMEBODY THAT'S INTERESTED, PLEASE THAT HELPS THE MOST. I KNOW SOMEONE WHO SHOULD GET TO PARTICIPATE. PERFECT. YEAH, WE'LL POST THE EVENT TO, UH, OUR FACEBOOK PAGE AND SHARE THE FLYER THERE AS WELL. AND LINKEDIN. MM-HMM . AND THAT'S ALL I HAVE. AWESOME. THANK Y'ALL. ANY OTHER COMMENTS, QUESTIONS? [Recurring Items - B] ALRIGHT, MOVING ON TO FIVE B. FUTURE AGENDA ITEMS. SO IT LOOKS LIKE WE HAVE TWO ON HERE. UM, GATEWAY SIGN. GATEWAY SIGN. YES. STILL ALIVE. IS THERE SURE. IF YOU, UM, HAVE ANY ITEMS THAT YOU'RE INTERESTED IN SEEING AN AGENDA OF FOR DISCUSSION, UM, IF YOU WOULD JUST SHARE THAT WITH US, WHETHER IT'S NOW OR YEAH. OR BLAKE, YOU CAN SEND AN EMAIL, UM, AND GET THAT TO US. THANK Y'ALL. ANY OTHER COMMENTS, QUESTIONS? MOVING [Recurring Items - C] ON TO FIVE C ANNOUNCEMENTS. HAYDEN GRADUATED GIG. THANK YOU. ANYTHING ELSE? STAY DRY. . I HOPE WHEN YOU HAVE YOUR BABY, YOU GET PLENTY OF SLEEP. OH YES. HOPEFULLY. SO GET OUT. YEAH. OUR FIRST ONE WAS A VERY, VERY GOOD SLEEPER, SO OH YEAH. YOU'RE CUR THAT'S NOT GONNA HAPPEN. CROSS OUR FINGERS. I'LL ENCOURAGE YOU TO TELL YOU. ALL THREE OF MINE WE'RE ANGEL BABIES. THAT'S WHY I HAVE THREE SO IT CAN HAPPEN. I'VE HEARD OF IT HAPPENING, SO WE'LL SEE. I HAVE FOUR. NO IT DOESN'T , SO YEAH, YOU'LL [00:50:01] HAVE TO LET US KNOW, BLAKE. YEAH, I WILL, I WILL. NEXT MEETING. SO BABY WILL BE HERE BY NEXT MEETING, SO THAT'S AWESOME. CONGRATS. BOY GIRL. DO WE KNOW A BOY? NICE. THANK YOU. AWESOME. ALRIGHT, WELL, DO WE HAVE A MOTION TO ADJOURN OR DO WE NEED A MOTION TO ADJOURN? YEAH. MM-HMM . MOTION. WE ADJOURN? HAVE A MOTION. DO WE HAVE SECOND? SECOND. SECOND. ALL THOSE IN FAVOR SAY AYE. AYE. AYE. AYE. ANY OPPOSED? MOTION CARRIES. COUNCIL VOTE. WE'RE CAUGHT. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.