[1. CALL TO ORDER]
[00:00:06]
GOOD EVENING, LADIES AND GENTLEMEN, WELCOME TO THE TOWN COUNCIL MEETING OF THE TOWN IN NORTH LAKE. IT IS 5 31. PM FEBRUARY 23RD. 2023 WE'RE GONNA GET STARTED TONIGHT WITH OUR OUR ROLL CALL. WE DO HAVE A ALMOST MISSING ONE YET. SO WE HAVE ALMOST A FULL COUNCIL HERE TONIGHT. COUNCIL MEMBER SESSIONS IS STILL ON THE WAY AS WE EXPECT, OKAY? HE WOULD NOT BE HERE. OKAY HE WILL NOT BE HERE. ALRIGHT SO EVERYONE ELSE IS PRESENT AND STAFF AS WELL.
ALRIGHT SO AT TONIGHT WE HAVE A PASTOR. PASTOR IS A PASTOR. OR DID I PROMOTE YOU EARLY OR NOW? IT'S REAL. ALL RIGHT. VERY GOOD . PASTOR BRANDON MCCLURE FROM TRIBES CHURCH HERE TONIGHT TO OPEN US IN PRAYER. SO COME ON UP, SIR. INTRODUCE YOURSELF. AND I GUESS I JUST DID. BUT YOU'RE WELCOME TO SAY HELLO AND OPEN UP SOME PRAYER. SO I'M BRANDON MCCLURE. CALL ME PASTOR BRANDON . I GUESS ASSOCIATE PASSENGER TRIBES CHURCH AND GRATEFUL TO BE HERE. UH HAS TO DO THE IMPLICATION IF YOU WOULD PRAY WITH ME. CAN WE THANK YOU FOR TODAY WE THANK YOU FOR THIS CRISP, COOL DAY. THAT REMINDS US THAT AS SPRING IS COMING, BUT WINTER IS NOT READY TO GIVE UP JUST YET. LIKEWISE, WE THANK YOU FOR EVERYONE IN THIS ROOM. THE ELECTED OFFICIALS AS WELL AS THOSE FROM THE TOWN. WHO HAVE COME TOGETHER TO SEEK THE GOOD OF THIS TOWN NOT ONLY NOW, BUT AS WELL INTO THE FUTURE. THAT YOU WOULD BLESS THIS TIME, GOT HIM DIRECT ALL THE CONVERSATIONS AND DECISIONS. THAT WILL BE HAPPENING IN THIS ROOM TONIGHT, SAID THE CONVERSATIONS WOULD BE FRUITFUL. WILL BE DONE IN A HEALTHY MANNER AND WOULD BE DONE IN A WAY THAT HONORS NOT ONLY YOU. BUT ALSO THOSE IN THE ROOM AND JESUS NAME. AMEN. PLEASE STAND FOR THE PLEDGE IS IF YOU'RE ABLE OKAY? UNDERSTANDS ONE NATION UNDER GOD. HONOR. TEXAS. ONE. PLEASE PROCEEDED. ALRIGHT LET'S GET STARTED TONIGHT WE HAVE A TONIGHT ON OUR ON OUR
[2.A. Announcement - Town awarded Government Finance Officers Associaon's Cerficate of Achievement for Excellence in Financial Reporng]
PROCLAMATIONS AND PRESENTATIONS IS A AWARD THAT WAS PRESENTED TO THE TOWN IN THE FINANCE DEPARTMENT. SO WE'VE GOT A COUPLE OF STAFF. THEY'RE GOING TO SHARE WHAT THAT IS ABOUT.COME ON DOWN, JOHN. GOOD EVENING, MIRIAM COUNCIL. SO THIS IS A WAR THAT WE'VE BEEN WORKING ON FOR? PROBABLY ABOUT THREE YEARS. AND SO WHEN I SAY IT TAKES ABOUT THREE YEARS, IT TAKES ABOUT THAT LONG TO GATHER THE INFORMATION AND BUILD UP OUR FINANCIAL REPORTS TO THE STANDARDS TO MEET THIS, AND SO THIS IS ACTUALLY MY SECOND SUBMITTAL SINCE BEING HERE AND THIS IS THE ONE THAT WON THE AWARD. OKAY SO WE'RE RECEIVING THIS FOR THE 2021 ANNUAL COMPREHENSIVE FINANCIAL REPORTS . AND SO THIS WORD IS THEIR CERTIFICATE OF ACHIEVEMENT IN EXCELLENCE AND FINANCIAL REPORTING. IT'S GIVEN OUT BY THE GOVERNMENT FINANCE OFFICERS ASSOCIATION OF THE UNITED STATES AND CANADA. UM SO THIS AWARD IS OUR AUDIT DOCUMENT IS ACTUALLY SENT OUT TO THREE DIFFERENT CPAS FROM ACROSS THE UNITED STATES WHO ARE ALL CERTIFIED IN THIS PROGRAM, AND THEY REVIEW IT BASED ON 120 PLUS CRITERIA TO MAKE SURE IT MEETS THE STANDARDS. THESE STANDARDS SET THE HIGHEST TRANSPARENCY LEVEL THRESHOLDS ARE IN GOVERNMENT FINANCE, AND SO THEY'RE TESTING IT TO SEE IF WE MEET EVERY SINGLE CRITERIA, AND THAT'S THE ONLY WAY YOU RECEIVE THIS AWARD. THAT'S ALSO I WAS KNIGHTED LAST YEAR'S BECAUSE THERE IS ONE THING WRONG IN IT, AND SO WE CORRECTED IT. AND IT WASN'T A FINANCIAL MISSTATEMENT. IT WAS JUST DID NOT HAVE A CERTAIN PRESENTATION. THEY WANT IT, SO THEREFORE IT DID NOT MEET THEIR STANDARDS. UM WE SUBMITTED THIS WARD OVER 10 MONTHS AGO, AND IT TOOK THEM THAT LONG TO REVIEW AND TO ACTUALLY GET IT BACK TO US THAT GOES THROUGH PRETTY RIGOROUS REVIEW PROCESS PROVIDES LOTS OF COMMENTS IN THE COMMENTS THEY PROVIDE GO INTO THE NEXT YEAR'S AUTO DOCUMENT AS WELL. SO UM NOW WE'VE RECEIVED THIS WORD. IT WILL HELP US TO RECEIVE THIS WORD IN THE FUTURE. BUT THE BIG IMPORTANT THING IS ALL THE STANDARDS ARE REALLY IMPORTANT TO PEOPLE WHO BUY OUR DEBT. SO BY ACHIEVING THIS AWARD, IT USUALLY RESULTS IN BETTER CREDIT LIKE RATINGS BY CREDIT AGENCIES BECAUSE YOU MEET THESE HIGHER LEVELS OF TRANSPARENCY, SO IN THE LONG RUN, IT USUALLY TRANSLATES INTO SAVINGS THROUGH INTERESTS. AND SO THIS IS PROBABLY THE NEXT BIG STEP THAT WE CAN TAKE, AND THERE'S A COUPLE OTHER FINANCIAL POLICIES THAT WILL WORK ON IN THE FUTURE.
THEY WILL HELP US MOVE THAT DIAL, BUT THIS WAS ONE BIG STEP IN THAT. SO IT MEETS ALL THE REQUIREMENTS AND IT IS A BIG PUSH THAT WE'VE BEEN WORKING ON. BUT YES, AS I SAID, TAKES ABOUT
[00:05:05]
THREE YEARS FOR YOU TO ACTUALLY REALLY GET THIS ONE RIGHT? AND SO I WAS REALLY HAPPY WHEN WE RECEIVED THIS, UM, HONESTLY HAD A PRESSURE THAN TO GET IT BACK TO US AND THE AMOUNT OF TIME THAT THEY DID BECAUSE IT IS NORMALLY NINE MONTH PERIOD, BUT DUE TO EVERYTHING THAT HAPPENED THE PAST COUPLE OF YEARS IT'S BEEN TAKEN IN A LITTLE BIT LONGER. BUT B REVIEW ON THIS GIVES US A REVIEW FOR OUR NEXT AUDITOR DOCUMENTARY SHOULD BE COMING TO YOU IN THE NEXT COUPLE OF WEEKS. COUNCIL. DO YOU HAVE ANY QUESTIONS OVER THIS? CAN YOU GIVE US SOME EXAMPLES OF SOME OF THE THINGS YOU HAD TO ADD TO OUR REPORTING THAT YOU'RE ABLE TO PUT TOGETHER FOR US? SURE IT'S GOT A 89 YEAR LONG TERM FINANCIAL LOOK AT THE VERY END OF OUR AUDIT DOCUMENTS, SO IT PRESENTS AN ALPHA AND CHANGE IN THAT POSITION FOR 9 TO 10 YEARS SHOWS LONG TERM FINANCIAL HEALTH OF THE ORGANIZATION. IT ALSO SHOWS OVERLAPPING TEXTURES, DICTION THAT HAS LARGER DECORATIONS AND DISCLOSURES &-PH OUR RETIREMENT SYSTEM. THERE WERE THEY HOLD OUR BONDS, THE DIFFERENT ASSETS THAT DEPRECIATE POLICIES ASSOCIATED WITH APPRECIATION HAS LARGER FINANCIAL NOTES SECTIONS IN A VERY DEEP DISCLOSURE OF EVERYTHING THAT'S HAPPENING AND WHAT THINGS ARE AFFECTING OUR FINANCES IN THE LONG TERM. MEMBERS. DID YOU HAVE ANY COMMENTS? JOHN THANK YOU VERY MUCH FOR ALL THE WORK YOU PUT INTO THIS, ANDREW, IF YOU THINK THANK THE REST OF THE STAFF, WE'D APPRECIATE IT. HAVE A GREAT TEAM WITH ME THAT HAS BEEN HELPING ME WORK THROUGH THIS AND MULTIPLE YEARS AND YOU GUYS FOR SUPPORTING THE STAFFING TO BE ABLE TO DO THIS BECAUSE IT IS. IT IS REALLY SOMETHING THAT CAN HELP US AND IT DOES SAVE US MONEY IN THE LONG RUN. IT IS A SMALL HOLE THING. MOST OF WHAT I GET BACK FROM. THIS IS THE FEEDBACK FROM THE THREE REVIEWERS, WHICH HELPS US PREPARE OUR NEXT YEAR'S AUDIT DOCUMENT. THE AWARDS KIND OF JUST ALL STICKER AT THE END OF IT, BUT IT DOES HELP TO HAVE INDEPENDENT PEOPLE. MORE REVIEWING THIS FROM ACROSS THE UNITED STATES. SO WE'LL HAVE ANOTHER THOSE THAT BACK CORNER. THAT'S THE BUDGET ALREADY ONE LAST TIME, SO I HAVE THE AUDIT AWARD AND WE'LL JUST KEEP ADDING MEDALLIONS TO THAT THING. ACH I WILL SAY THAT THIS IS A SIGNIFICANT POINT OF PRIDE FOR US AS A TOWN BUT ALSO FOR YOU PERSONALLY AND FOR YOUR DEPARTMENT, AND SO I CONGRATULATE YOU ON THAT VERY APPRECIATIVE OF THE EXCELLENCE YOU BROUGHT TO THE ROLE. I RECEIVED SOME FEEDBACK ABOUT WHAT TOOK PLACE DURING THE MISTAKE THAT WAS GIVEN TO US BY THE APPRAISAL DISTRICT. AND I GOT AN INSIDE LOOK RECENTLY AS TO WHAT WAS GOING ON THERE AND SOME FEEDBACK FROM PEOPLE INSIDE AND THEY HAD NOTHING BUT THE HIGHEST PRAISE FOR YOUR DEPARTMENT AND FOR YOUR WORK. AND I THOUGHT THAT WAS REALLY GENEROUS OF THEM BECAUSE THEY DIDN'T HAVE TO SAY ANYTHING ABOUT IT. IT WAS IT WAS A TOUGH DEAL FOR THEM, BUT THEY HAD A LOT OF HIGH PRAISE FOR YOU FOR CATCHING IT AND FOR BEING AS AGGRESSIVE AS YOU WERE TO HELP US, MAKE SURE WE GET THAT RECTIFIED. SO I DO APPRECIATE YOU APPRECIATE YOUR DEPARTMENT. AND I THINK THIS IS AN AWESOME REFLECTION OF YOUR DEDICATION OF THE ROLE. SO THANK YOU TO YOU. HOW ABOUT A ROUND OF APPLAUSE FOR JOHN AND HIS DEPARTMENT? THANK YOU. YEAH. TURNS ON TO SOMEONE ELSE. ALL RIGHT. VERY GOOD, MR CORNER. YOU'RE STARTING THIS ONE OFF. FOR THE RECORD, THIS IS ITEM BE THE HILLWOOD INDUSTRIAL PROPOSED DEVELOPMENT[2.B. Briefing- Hillwood Industrial Proposed Development Agreement]
AGREEMENT. THE LAST MINUTE YOU HEARD FROM WHO WOULD REPRESENTATIVES, AND THEY TALKED ABOUT THE PROJECT THIS MEETING. WE WANT TO DRILL DOWN INTO THE DEVELOPMENT AGREEMENT. SO I'VE GOT A NUMBER OF SLIDES. YOU HAVE THE FINAL DRAFT OF THE DEVELOPMENT AGREEMENT IN FRONT OF YOU SO FEEL FREE TO FLIP THROUGH THAT WE WE'VE BEEN GOING DOWN TO THE LAST MINUTE WITH TWEAKS RELATIVELY MINOR STUFF. WE HAD DRAINAGE LISTED ON THERE , AND THAT WASN'T GOING TO BE ON THE LIST ANYMORE. SO VERY MINOR DETAILS FROM WHAT YOU SAW AT YOUR LAST MEETING, AND WE'VE BEEN DISCUSSING THIS FOR MANY MONTHS NOW, SO I'M HOPE THAT THERE'S NO SURPRISES THERE. THIS JUST BACK UP AGAIN AND TALK ABOUT THIS AND I KNOW THE HILL. A TEAM BROUGHT THIS FORWARD LAST TIME, BUT 9.6 MILLION SQUARE FEET UNDER ROOF BUILD OUT OF 10 TO 20 YEARS, JUST DEPENDING ON THE MARKET, BUT THAT'S JUST KIND OF A ROUGH ESTIMATE OF WHAT THEY'RE LOOKING AT THEIR 18 TO 19 BUILDINGS. SO OBVIOUSLY CAN'T PUT ALL OF THEM UP AT ONCE. THE TOTAL PROPERTY IS 884 ACRES.MOST OF THAT'S IN THE E. T J. THERE IS A RECENT, RELATIVELY RECENTLY ACQUIRED PARTIAL THAT'S IN THE TOWN LIMITS, BUT THIS WILL BE TREATED AS ONE LARGE DEVELOPMENT INDUSTRIAL PARK. AND THIS IS THE THIS IS THE SOUTHWEST CORNER OF NORTH LAKE. IT'S UH HUH. MOST OF THE LAND ABOVE TEXAS MOTOR SPEEDWAY ON THE NORTH SIDE OF VICTORY CIRCLE. UM SO THE CONDITIONS FOR THE DEVELOPER THIS LIKE WE SAID , LIKE I SAID, THIS IS MAINLY IN THE T. J. WE WANT THIS ANNEX AND
[00:10:01]
COUNSELOR HAS DIRECTED ME TO TELL THEM THAT AND THEY HAVE AGREED THAT THIS WILL BE THE NEXT IMMEDIATELY AT THE BEGINNING OF THE PROCESS. AH THAT THERE'S QUITE A BIT OF PUBLIC INFRASTRUCTURE THAT MEETS OUR MASTER PLAN THAT THEY WILL BE RESPONSIBLE TO BUILD AS PART OF THAT DEVELOPMENT IN THE PROPERTY WILL BE RIGHT OF WAY AND EASEMENTS DON'T DEDICATIONS , BUT THERE ARE ALSO BE DEDICATIONS OF EASEMENT FOR PROJECTS WE HAVE OUTSIDE THIS PROPERTY AND TO REMIND YOU WE HAVE THE FOOT WORTH. ADDITIONAL WATER CAPACITY PROJECT THAT GOES THROUGH HILLWOOD PROPERTY, PRIMARILY ABOUT 75% OF THAT ROUTE IS IN HILLWOOD PROPERTY TO THE EAST OF THE ALLIANCE AIRPORT RUNWAY AND THEN SOME EXISTING PROPERTY THAT HILL WAS ALREADY DEVELOPED NORTH ALLIANCE NORTHPORT ON THE OTHER SIDE OF 35 W THERE WERE WORKING WITH TRINITY RIVER AUTHORITY. TO HAVE A REGIONAL LINE THROUGH THERE. SO THE DEDICATION OF THAT EASEMENT SO SOME VERY IMPORTANT PIECES OF PROPERTY THERE. AH TO DO THIS, TOO. SO WE'RE HAVING THE DEVELOPER BUILD OUR INFRASTRUCTURE. THEY'RE GOING TO ISSUE THE DEBT. THEY'RE GOING TO CARRY THAT ON THE BOOKS. AND INSTEAD OF US ISSUING THE DEBT AND HAVING THAT GO AGAINST US, THEY'RE GOING TO ISSUE THAT AND TAKE THAT RISK. OUR INCENTIVE OR ONE OF OUR INCENTIVES IS TO CREATE A TERSE TO FINANCING YOUR TAX ARGUMENT REINVESTMENT ZONE. IT WILL BE A 25 YEAR ZONE. HALF OF THE OF AND IT'LL COUNT TAX RATE WILL STAY AT 29, A HALF CENTS. HALF OF THAT WILL GO TO REIMBURSE FOR ALL THE PUBLIC IMPROVEMENTS THEY MADE IN THE TOWN WILL RETAIN THE OTHER HALF.AS ANOTHER CONDITION. ANOTHER ASK IS A CREATION OF A PLANNED DEVELOPMENT DISTRICT. IN THE MIDDLE OF THIS DISTRICT IS THEIR INNOVATION ZONE, THEIR THEIR TRAINING CENTER AND THEIR TEST CENTER FOR UM, UM, VERTICAL TAKEOFF AND OTHER NEW TECHNOLOGIES. AND SO THEY WANT TO ENSURE THAT THAT STAYS IN THAT CONTINUES TO BE A LEADER IN THAT INDUSTRY. UM, WE SCHEDULED THE CONSTRUCTION OF THE WATER SEWER INFRASTRUCTURE AGAIN. THE PROJECTS THAT TALKED ABOUT. ALSO IN THIS IS A SHARING OF SOME INFRASTRUCTURE. THE TOWN WILL AH HAND THE INTERIM PUMP STATION.
TO THE DEVELOPER TO BUILD AND WILL BUILD THE ELEVATED STORAGE TANK. WE HAVE THE FUNDS FOR THAT, AS PART OF THE 2020 21 SERIES OR 2022 SERIES OF CEO, SO WE HAVE THAT FUNDING. AS WE DO.
TYPICALLY WITH THESE LARGE DEVELOPMENTS, WE WAIVE CERTAIN FEES. WE, UM UM. WE WE WAVE 50% OF OUR BUILDING INSPECTION FEES BECAUSE AS YOU KNOW, WE OUTSOURCE THAT SO WE DON'T MAKE SURE OUR COSTS ARE COVERED. UM IF THEY CITE THE CONSTRUCTION CELLS IN ON THE PROPERTY. WE WILL BENEFIT AND GET A TWO ADDITIONAL 2% SALES TAX 1% THAT GOES TO GENERAL FUND WILL KEEP FOR OPERATIONS. THE 1% THAT IS CUMULATIVE OF THE NBC AND CBC WILL BE REIMBURSED BACK TO THEM . REMEMBER IF THEY DON'T CITE THAT? HERE WE GET ZERO, SO IT'S FOR THEM GOING THROUGH THE WORK , DOING THE PAPERWORK TO GET THE CONSTRUCTION SALES ON SITE. WE WILL WORK WITH THE D. C AND C D.
C. TO GET THAT HALFBACK, AND ANOTHER THING WE TYPICALLY DO IS THE EGG ROLL BACK THE TYPICAL METHOD OR THE METHODOLOGY IS GOES BACK FIVE YEARS. WE REIMBURSE THAT BECAUSE AGAIN, WE WOULDN'T WE WOULDN'T HAVE GOT THIS HERE HAD THAT NOT DEVELOPED, UM SO SOME OF THE CONDITIONS THAT BETWEEN THE TOWN AND THE DEVELOPER. IS IF THE PDS DENIED OR THE TEARS NOT CREATED.
WELL, JUST WE'LL JUST GO BACK TO WHERE IT WAS JUST DESCENDANTS OF PROPERTY. IT'S JUST FAIRNESS DOCTRINE, RIGHT? IF WE DON'T DO WHAT WE SAY. WE DON'T GIVE THEM THE TOOLS TO DO THIS PROJECT.
THEN WE JUST GO BACK TO SQUARE ONE. THE REIMBURSEMENT WILL BE CAPPED AT THE COST OF THE PUBLIC INFRASTRUCTURE. SO AT THE VERY BACK OF YOUR DEVELOPMENT AGREEMENT, YOU'LL SEE REPORTING FORM SO THAT REPORTING FORM WILL BE WHAT THAT WHAT THAT COST TO HAVE TO PROVIDE THE PAPERWORK TO SHOW THE CONTRACT WHAT THEY PAID THE CONTRACTOR, AND THEY ALSO HAVE TO INCLUDE THE FINANCING OF THE PROJECT. UM AND. AND WE'LL KEEP TRACK OF THAT AND WILL ONLY PAY TO THAT. I MEAN, IT JUST DEPENDS ON HOW THE PROPERTY VALUE GOALS. UM IT 25 YEARS IT RUNS OUT OR IF WE PAY THEM ALL BACK THEN IT STOPS. SO THOSE ARE TWO BACKSTOPS FOR THE TOWN. AND THEN IF, UM IF WE CAN'T GET SOME
[00:15:07]
OF THIS CREW, CRUCIAL INFRASTRUCTURE, LIKE THE ADDITIONAL CAPACITY FROM FORT WORTH, OR WE CAN'T GET THE WASTEWATER ACHIEVEMENT PLAN. OH, ON TIME. WE REALLY SET THEM BACK A YEAR OR TWO, DEPENDING ON WHAT WHAT ARE ISSUES ARE GETTING STARTED, SO, UM, WILL EXTEND THEIR TOURS TO MAKE TO JUST RESET THE DEAL. IF WE RUN INTO SOME, UH, SOME LOGJAMS DEALING WITH WITH FOOT WORTH OR WITH TIARA ON THAT. SO THE TOWN RESPONSIBILITY OF INFRASTRUCTURE ALLUDED TO IT EARLIER IS THE ELEVATED STORAGE TANK. UM WE'VE REDONE OUR MASTER PLAN. AND INSTEAD OF CONNECTING THE NORTHERN AND SOUTHERN PRESSURE PLANES AND GOING ACROSS THE CREEK WE CAN SAVE THAT MONEY AND BUILD AN ELEVATED STORAGE AND JUST HAVE TWO VERY SEPARATE SYSTEMS WILL HAVE THE OTHER TRINITY SYSTEM OF NORTH OF DIDN'T CREAK AND THE FOOT WORTH SUPPLY SYSTEM ON THE SOUTH. UM, TO MAKE THIS HAPPEN. WE NEED TO GET AN ADDITIONAL TWO MG D FROM FORT WORTH, AND WE'VE ALREADY FUNDED THAT WE'RE IN THE PROCESS AGAIN. THE THING INSTEAD OF BEING IN THE INTERIM PUMP BOOSTER PUMP STATION. THEY'LL DO THAT, AND WE'LL TAKE ON THE ELEVATOR STORAGE TANK. THE COMBINATION OF THE EXTRA CAPACITY THE BOOSTER PUMP TO GET THAT PRESSURE UP BECAUSE THIS SIDE BY 1 56. IT'S UP TO THE ELEVATION IS A LITTLE HIGHER WILL HAVE AN ELEVATED STORAGE TANK, WHICH WILL PROVIDE THAT PRESSURE AND GIVE THEM ENOUGH FOR FIRE PROTECTION. AND THEN WE'RE GOING TO RAMP UP. THE WASTEWATER TREATMENT PLANT AND MAX IT OUT AT 0.75 MG D. WE'RE STILL WORKING WITH TIARA AND THE CITY OF JUSTIN. TRY TO GET THAT REGIONAL LINE. UM AND YOU'LL SEE AN ITEM LATER IN YOUR ON YOUR AGENDA. TO GO AHEAD AND GET THE DESIGN FOR THAT. IT'S OVER 400,000 BUT IT'S ONE OF THOSE THINGS. WHERE UM, WE PAY A LITTLE BIT UPFRONT, BUT WE SAVE A LOT DOWN THE STREAM, ESPECIALLY IF WE CAN PARTNER WITH JUSTIN ON A REGIONAL LINE. DEVELOPER RESPONSIBILITY AS I MENTIONED THE WATER BOOSTER PUMP. UM ALL THE INFRASTRUCTURE THROUGH THEIR PROPERTY. THEY'RE GOING TO HAVE A THIRD BRIDGE OVER KATHERINE BRANDS TO HELP WITH, UM, TO HELP WITH TRANSPORTATION IN THIS AREA.WE'LL HAVE A PAVED ROAD ALL THE WAY TO 1 56, SO WE'LL HAVE A ANOTHER ROUTE TO GET TO 35 IS BACKED UP AND 1 14 BACKED UP. AND SO AND THEN, UM, IN HERE OR RESPONSIBILITIES FOR SOME TRAFFIC SIGNALS AS WELL. THESE LARGE TRUCKS NEED THAT BREAK AND THE IN THE TRAFFIC TO GET IN AND OUT ON 1 56 OR VICTORY CIRCLE. SO, UM. AGAIN THIS IS WHAT WE'VE BEEN DISCUSSING, UM WE HAVE AN ACTION ITEM LATER IN THE AGENDA, BUT WANTED TO HAVE THIS FOR PUBLIC DISCUSSION. WE HAVE PUBLIC INPUT. AFTER THAT LATER IN THE LATER IN THE MEETING, SO BE GLAD TO ANSWER YOUR QUESTIONS. NOW YOU MAY HAVE ABOUT THIS AGREEMENT. COUNCIL I'VE GOT A FEW COMING UP. BUT IF YOU WANT TO JUMP IN, GO AHEAD. OTHERWISE I'LL GET STARTED. OKAY? WHAT IS THE APPROXIMATE TOTAL COSTS OF THE INFRASTRUCTURE THAT WE EXPECT TO BE REIMBURSED? I KNOW IT'S A CURRENT PRICE IS 45 TO $50 MILLION BASED COSTS IN BASE. CALLERS BASED COST TODAY'S DOLLARS. YES SIR, SO THAT DOES INCLUDE FINANCING AND INFLATION, OK? ARE THERE ANY MISSING PIECES ? YOU MENTIONED THE ELEVATED STORAGE TANK AND I KNOW I'VE ASKED YOU THIS 100 TIMES, BUT I JUST WANT TO MAKE SURE I'M NOT MISSING ANY PIECES. WHAT ARE OTHER CRITICAL INFRASTRUCTURE PIECES? I KNOW THERE'S ONE WITH REGARD TO CONNECTING TO THE SECOND POINT OF WATER DELIVERY THAT HASN'T BEEN FUNDED YET. CORRECT OKAY, SO THAT SECTION FROM THE SOUTHERN POINT THE SECOND POINT OF DELIVERY DOWN VICTORY CIRCLE TO THAT SECOND POINT OF DELIVERY. AT THE VERY SOUTHWEST CORNER OF THE TOWN WILL HAVE THAT IT WILL ACTUALLY GO DOWN 1 56 AND CONNECT WITH A LARGER FORT WORTH LINE CLOSER TO CLOSER TO 1 14. ON THE WEST SIDE OF THE TAXPAYER SPEEDWAY, AND THAT'S THE GAP IN THE FUTURE. MASTER PLAN SEGMENT G FROM THAT LARGER FOOT WORTH ADDITIONAL CAPACITY STUDY AND WITH THAT WE'LL GET THE FIVE MILLION GALLONS FOR ULTIMATE FOR ULTIMATE BUILD OUT. THIS TWO MILLION GETS US IT COVERS WHAT WE HAVE PLANNED NOW. BUT, UM THE YEAH. THE SECOND POINT OF DELIVERY, WHICH WILL INCLUDE THAT SEGMENT G UP 1 56 WITH ALL THE THESE MEN ACQUISITIONS THAT WILL BE REQUIRED. UM, THERE. THE POINT OF DELIVERY AND THE METER
[00:20:07]
GROUND STORAGE TANKS BECAUSE THEY'RE GONNA THEY'RE GONNA PROVIDE A VERY LOW PRESSURE WILL NEED TO STORE THAT WATER PUMP STATION. ONCE WE GET THAT PUMP STATION IN, WE CAN TAKE THE INTERIM BOOSTER PUMP STATION OFFLINE AND THEN JUST BUT KEEP THE ELEVATED STORAGE TANK SO WE'VE GOT A WAY TO DO AN INTERIM SOLUTION, BUT WE'VE ALWAYS WE'RE ALWAYS GOING TO PLAN FOR THE ULTIMATE. ALRIGHT THE TIARA AND WATER IMPROVEMENTS THAT ARE UNDERWAY RIGHT NOW. SO THE TWO MG D AND THE SEWER EXPANSION THAT WE'RE TALKING ABOUT TONIGHT . WHAT IS THE RISK TO THOSE TWO PROJECTS AT THIS POINT? I KNOW THEY'RE UNDERWAY AND WE'RE MOVING FORWARD WITH THEM. ARE WE ON SCHEDULE TO MEET COMMITMENTS IN THIS AGREEMENT DO WE HAVE YOU KNOW WE HAVE SOME ROOM IN HERE? YES. YEAH, THE. THE PACKAGE PLANT. THE WASTEWATER SHE CAN PLANT IS ALL THE EQUIPMENT HAS BEEN DELIVERED. THE TANKS AND SO FORTH. THERE IS STILL A LITTLE BIT OF PIPING AND WENT WELL AND LIFT STATION. WE EXPECT TO HAVE THAT OPERATIONAL IN MAY, BUT THAT'S ONLY AT 0.125 MG D CAPACITY. BUT ROLLING IN ANOTHER. UNIT E JET, UH, 1.25. SO WE'LL BE UP 2.25. THAT'S WHAT WE HAVE. CURRENTLY WITH THE T SEEK APPROVAL, AND THEN WE'RE PUSHING FORWARD WITH THE 0.5.AND THEN THE 0.75. SO, UM, EVERYTHING HAS BEEN WORKING AND WE'VE MET THE T. C. Q WE'VE GOT THE PERMIT. IT'S FOLLOWED THE WHAT HALF HAS ESTIMATED. THEY'RE VERY FAMILIAR WITH WORKING THE TC ACCU SO WE FEEL CONFIDENT. THAT THAT WILL HAPPEN. THERE ARE A COUPLE OF PROPERTY OWNERS THAT AREN'T HILLWOOD THAT WE STILL NEED TO NEGOTIATE WITH AND TRY TO GET PROPERTY OR TRY TO GET EASEMENTS TO THEIR PROPERTY THAT COULD POTENTIALLY BE HOLED UP ON THE ADDITIONAL CAPACITY. BUT WE'VE STARTED EARLY. WE'VE WE HAVE 30% DESIGN, SO WE'RE GONNA TALK ABOUT TO THEM ABOUT THOSE ALIGNMENTS. ON THE EXHIBIT B ONE FOR THE WATER INFRASTRUCTURE YOU MENTIONED. WE'RE DISCONNECTING THE PLANES IN THE MASTER PLAN. I SEE SOME LINES RUNNING ALONG 11 71 IN NORTH OF 11, THE FUTURE 11 71 ARE THOSE GETTING CUT OFF AS I JUST WOULD JUST USE OUR EXISTING WE HAVEN'T OFFICIALLY YOU HAVE AN OFFICIALLY APPROVED THE MASTER PLAN THROUGH THE IMPACT THE STUDY. SO THOSE ARE JUST THAT'S LEFT OVER FROM THE 2018 PLAN. ALL RIGHT. AND THEN ON THE PROJECT LIST TO TALKS ABOUT EXHIBIT EITHER TOURIST PROJECTS AN EIGHT INCH REGIONAL LINES, SOUTHWEST DEVELOPMENT.
THERE'S AS I COUNTED FOR DIFFERENT EIGHT INCH REGIONAL LINES WITHIN THE SCOPE OF THE PROPERTY IS THAT COVER ALL FOUR OF THOSE? IS THAT MEANT TO SAY EIGHT INCH REGIONAL LINES. IT'S ON PAGE 31 EXHIBIT EATERS PROJECTS LAST PAGE. SPECIFICALLY LOOKING AT EXHIBIT C ONE PAGE 28 WHERE IT SHOWS THE EIGHT INCH LINE, UM, COUNCIL ASKED THAT ONLY PROJECTS THAT ARE UM. TOWN REQUIRED NOT INTERNAL TO THEIR INTERNAL TO THEIR NEEDS. REALLY, ONLY ONE LINE IN THIS LINE WOULD TAKE SEWER TO THAT PROPERTY. THAT'S NOT PART OF THE HILLWOOD DEVELOPMENT THIS CORNER HERE.
THE SEWER LINE IS WOULD TRULY BE A TOWN LINE BECAUSE IT CONNECTS TO OTHER PROPERTY. BUT WE ALL HAD ASKED THAT ANY KIND OF INTERNAL SERVICE SEWER LINES, SO THAT'S WHY THERE'S ONLY ONE LISTED THERE. SO THE OTHER THREE THAT ARE NORTH OF THE MAIN TRUNK LINE WOULD BE BUILT BY THE DEVELOPER. YES. OKAY? WE HAVE TO TRAFFIC SIGNALS PROGRAMS 1 56 AND VICTORY CIRCLE. I BELIEVE IT IS THAT STREET A UM, YOU KNOW, POTENTIALLY NEEDING ANOTHER ONE AT HARMISON OVER IN THE OTHER PROPERTIES SINCE THAT SITS ON FORT WORTH PROPERTY. WHAT'S OUR EXPECTATION ON THAT NEEDING LIGHT AND HAVING TO PROVIDE FOR THAT? IS THAT A MISSING PIECE OF INFRASTRUCTURE WE WOULD EXPECT TO HAVE TO PAY FOR IT. IT'S THE ROAD IS COMPLETELY WITHIN FOOT WORTH. MAYBE YOU KNOW, IF THEY CAME TO US, WE WOULD NEGOTIATE WITH HIM AND SEE IF THE COUNCIL IS INTERESTED IN PAYING SOME PART OF THAT, BUT THE WAY IT READS, IT'S THEIR STREET. IT'S THEIR RESPONSIBILITY COUNCIL IS OPEN. TO HELPING WITH TRUCK TRAFFIC OR HELPING WITH THE CONGESTION IN THAT AREA. WE COULD DISCUSS IT AT THAT TIME. AND THEN ONE OF THE LIGHTS ON 1 56 IS A TEXT DOT LIGHT AND
[00:25:09]
BECAUSE WE'RE UNDER 50,000 POPULATION WOULD BE LIKE THE 11 71 LIGHT OF THE 407 LINE. IT WOULD BE IT WOULD BE TEXTILE RESPONSIBILITY. SO WE STARTED NOW AND GET IT IN FIVE YEARS.OKAY. NO COMMENT. I DON'T I DON'T WORK FOR TEXTILE. I UNDERSTAND. THANK GOODNESS. ALL RIGHT, UM. VERY GOOD. THIS DOES CLEAN UP A COUPLE OF THE LANGUAGE THINGS THAT I HAD TALKED TO YOU ABOUT. MAKE SOME MORE CLEAR. COUNSELORS HAVE ANY MORE QUESTIONS. WE DO HAVE THIS ON THE AGENDA LATER FOR DISCUSSION. AND INDECISION AND WE ALSO CAN READ RETIRE INTO EXECUTIVE SESSION IF REQUIRED IF THERE'S A PARTICULAR LEGAL POINT IN IT. I DO BELIEVE THIS REPRESENTS WHAT WE HAD DISCUSSED. AND THE ADJUSTMENTS NECESSARY. SO THANK YOU, MR CORN FOR YOUR WORK ON THIS GETTING IT TO THIS POINT, AND I THINK I'M GOOD AT THE MOMENT, COUNSELOR.
YOU HAVE ANYTHING ELSE? AND WE HAVE REPRESENTATIVES FROM HILLWOOD HERE. IF YOU'D LIKE TO ASK THEM ANY QUESTIONS AS WELL, LIKE I SAID, THEY GAVE YOU THEIR PITCH AT THE LAST COUNCIL MEETING. HMM. ALRIGHT AS FAR AS THE BRIEFINGS CONCERNED, ARE WE GOOD? OKAY ALRIGHT. WELL, CLOSE THE BRIEFING, THEN. THANK YOU. MHM. ALL RIGHT NUMBER RATHER ITEM SEE BRIEFING TONIGHT. GOT
[2.C. Briefing- Andale Construcon HA5™ AsphaltTreatment]
AN INTERESTING ASPHALT TREATMENT HERE, SO I THINK WE'VE GOT YEAH . ERIC'S ON THE CRUISE, SO WE GET WE GET THE NEXT BEST THING WE GET BRANDON DOPE DOWDY HE'S GOING TO TALK ABOUT LIKE YOU SAID UNIQUE TREATMENT, AND WE'VE GOT THE REPRESENTATIVE FROM HERE. BUT BRANDON, TAKE IT AWAY.UH H H FIVE. IT IS AN ASPHALT PRESERVATION. UH THIS AREA THAT IT WILL BE THAT WILL BE APPLIED IN IF APPROVED, IS FLORENCE ROAD SOUTH OF ROBISON RANCH AND IN THE HIGHLANDS NEIGHBORHOOD. THE PHASE ONE PHASE ONE IS SETTLED IN CRESCENT NORTHWEST CROSSING. AND GLENMORE AVENUE. UM THE PRICE FOR THE PROJECT IS LOOKING AT 208,829 AND 40 CENTS. THIS PRICE IS, UM, MADE AVAILABLE TO THE TOWN TO PIGGYBACK OFF OF THE CITY OF HEARST. UM IF THE PROJECT IS APPROVED, 50% CAN COME OUT OF THE STREET BUDGET. THE STREET BUDGET RIGHT NOW, WITH THE REMAINING COMING OUT OF THE GENERAL FUND. UM THIS PROJECT WAS NOT INCLUDED IN OUR BUDGET THIS YEAR. BUT WITH THE FLORENCE ROAD NORTHERN FLORENCE CRP PROJECTS BEING PUT ON HOLD. THIS LOOKS TO BE A VERY GOOD PREVENTATIVE MAINTENANCE THIS YEAR TO GET TAKEN CARE OF. WHAT IS A JE? HF FIVE IS A IS CLASSIFIED AS A HIGH DENSITY MATERIAL BOND. IT'S A BLEND OF ULTRA DENSE, AGRICULTURE SHAPED FINE AGGREGATES. FORMALLY UNAVAILABLE IN THIN SURFACE TREATMENT. HAS A COMBINATION OF POLYMERS THAT COMBAT OXIDATION BY DEFLECTION OF UV RATES. UM ONE OF THE BIG ASPHALT KILLERS IS UV RAY AND OXYGEN OXIDATION. UM IN TYPE OF CRACKING PRETTY MUCH, UM. KILLS THE BINDERS INSIDE OF THE ASPHALT, JUST MAKING IT CRACK. UH H H FIVE. IT'S A PAVEMENT SURFACE TREATMENT EXTENDS THE ROAD LIFE BY BLOCKING THE UV LIGHT AND MOISTURE. UM ANY TYPE OF MORE SURE THAT MIGHT SEEP INTO THE ASPHALT. THAT'S GONNA THAT'S GONNA, UM, PRETTY MUCH KILLED THE AGE OF THE ASPHALT. UM OUR GOAL IS TO REDUCE THE LONG TERM COST, UM, WITH THE HIGHLANDS AND FLORENCE BEING FAIRLY NEW. I BELIEVE THE FLORENCE PROJECT WAS FOUR YEARS AGO, WHEN WE DID ALL THE WAY DOWN TO ROBISON RANCH. UM. LET'S SEE NEXT SLIDE. THEY SHOULD FIGHT BENEFITS EXTENDS THE PAVEMENT LIFE BY PRESERVING THE ASPHALT BINDER, UH, REDUCES ANY CRACKING OR RAVELING. UM. NO LOOSE AGGREGATE WHENEVER IT'S WHENEVER IT'S DRIED UP, UM FOR THE SURFACE, AND IT DOES HAVE A PROVEN TRACK RECORD A LOT OF MUNICIPALITIES THROUGHOUT THE STATE THROUGHOUT THE SOUTHEAST HAVE USED THIS BEFORE YOU COULD SEE AESTHETICALLY PLEASING. UM AND IT PUTS A GOOD COATING ON
[00:30:02]
TOP GOOD CEILING ON TOP OF THE ASPHALT THAT WILL HELP THE HELP THE BINDERS INSIDE OF THE ASPHALT. STAY TOGETHER, BUILD A BIT MORE FLEXIBLE WHEN IT COMES TO WHEN IT COMES TO AGING IN THE IN THE ASPHALT. THE NO SEEPAGE AS YOU CAN SEE ON THE RIGHT SIDE OF THE H A FIVE. YOU CAN SEE THE TOP COMPARED TO THE CHIP SEAL AND THE SLURRY SEAL. THAT TOP HAS NO AGGREGATE UP TOP. IT HELPS WITH THE WITH THE MOISTURE , NOT GETTING DOWN INTO THE INTO THE ASPHALT. AND KEEPS THE BINDERS TOGETHER. AND KEEP SOME MORE FLEXIBLE. UM. ALL THE H FIVE IS DOING IS IT'S GOING INTO THE ORIGINAL BINDERS, AND IT'S KEEPING KEEPING THEM GOODBYE CEILING IN SEALING THEM FROM THE U. V AND ANY TYPE OF MOTION THAT MIGHT GET IN THIS SLIDE RIGHT HERE SHOWS A LITTLE BIT MORE OF WHAT H H H H FIVE WILL LOOK LIKE COMPARED TO THE LEFT TO THE RIGHT. UM YOU CAN SEE THAT THERE'S NOT A LOT OF ADEQUATE AGGREGATE UP TOP ON THE RIGHT SIDE COMPARED TO THE LEFT. HMM HMM. HMM. THAT'S THE LAST ONE. UM. THERE WILL BE A TYPE OF PHASING THAT WILL GO THROUGH WITH H A FIVE. UH IF IT IS APPROVED AND GONE THROUGH, CAN YOU CAN YOU BACK UP TO THAT SLIDE THAT FACING SLIDE OR YOU'RE TALKING ABOUT IT? YES, SIR. THIS IS A ROUGH ROUGH ESTIMATE OF HOW THE PHASING WOULD GO, UM, WITHOUT KNOWING WITHOUT KNOWING THAT THE PROJECT IS APPROVED. BUT IT WILL GO IN SECTIONS SO BEING ABLE TO DO ONE SECTION AT A TIME, MAKING SURE THAT RESIDENTS ARE NOT IN. ARE NOT INCONVENIENCED AT ALL. THERE WILL BE SOME INCONVENIENCE. BUT TRYING TO ELIMINATE AS MUCH INCONVENIENCE AS POSSIBLE WHEN IT COMES WITH THE PHASING. HOW LONG DO THEY HAVE TO STAY OFF THE SURFACE? WHILE IT'S CURING WITH THAT ONE? 24 HOURS. THAT THAT IS A THAT IS A LONG TIME TO STAY OFF OF IT. BUT IT CAN SAVE BECAME, CAN'T SAVE THE TOWN MONEY IN THE LONG RUN WITH DOING THE PREVENTATIVE MAINTENANCE UPFRONT. UM. WITH WITH BOTH PROJECTS, BOTH ROAD AREAS BEING THE AGE BETWEEN 4 TO 7 YEARS, YOUR BINDERS ARE STILL GOOD AT THIS POINT IN TIME WE'VE HAD WE'VE HAD THE ROADS INSPECTED TO MAKE SURE THAT WE'RE NOT GOING IN HEAD FIRST IN THE BINDERS AREN'T GOOD ANYMORE. SO THAT'S ONE THING WE WANT TO MAKE SURE OF THAT. WE THAT WE DO THE PREVENTATIVE MAINTENANCE RIGHT NOW OR IN THE FUTURE, TOO. SAFE COST OF HAVING TO REDO AN ENTIRE ROAD AGAIN. WHEN YOU DO THESE SECTIONS. HOW LONG IS EACH SECTION? UM GOING TO BE BLOCKED OFF IN TERMS OF THROUGH TRAFFIC , BECAUSE THAT'S REALLY WHAT PEOPLE MEASURE THINGS BY 24 HOURS. SO YOU PUT CONES UP 24 HOURS LATER. THEY'RE GONE. YES, SIR. MOVE ON TO THE NEXT PLACE. I'VE NEVER SEEN A ROACH FOR OUR PROJECT THAT FAST. SO THAT THE APPLICATION IS MINUTES IS WHAT YOU'RE SAYING THAT IT CAN BE JUST BASICALLY YOU. SPRAY THIS DOWN AND THERE THERE IS. LOOK, THERE IS A LITTLE LEGWORK THAT WE HAVE TO DO. WE HAVE TO MAKE SURE THAT EVERYTHING IS CRACKS SEALED. SO IF WE DO HAVE ANY CRACKING THAT'S ALREADY IN THE PAVEMENT. WE NEED TO GO THROUGH AND DO THE CRACK SEAL WHICH WE'VE ALREADY REACHED OUT. WE'VE GOTTEN OUR BIDS AND WE WILL BE DOING CRACK. STILL UH SOONER BELIEVE IT. IT WILL BE THE SECOND WEEK OF MARCH. UM. SO THEY CAN DRIVE OVER. CRACK SEAL CAN DRIVE OVER CRACKS HILL. YES SIR. SO I DON'T KNOW IF ANYBODY REMEMBERS WHEN WE DID THE STORY SEAL. UM ON FLORENCE. WE DID THIS THROUGH STILL TWO OR THREE YEARS AGO. YOU COULD DRIVE ON THAT RIGHT THEN. BUT DJ FIVE DOES NEED A LITTLE TIME TO WORK AND GET INTO THE BINDERS. AND STILL STILL THE TOP OF THE TOP OF THE ASPHALT. SO WHAT HAPPENS DURING THAT 24 HOUR PERIOD? IS IT JUST GONNA HAVE TO PARK DOWN SUTHERLAND CRESCENT AND WALK UP TO THEIR HOMES OR WHAT? HOW DOES THAT WORK THE ONE SIDE AT A TIME OR HOW DOES THIS WORK? THAT THAT WOULD BE MORE IN THE PHASING PROCESS THAT WOULD BE IN THE PHASING PROCESS TO SEE WHAT OTHER OPTIONS THAT WE HAVE. I KNOW THAT ANTHONY DOES HAVE DOES HAVE SOME SOME OPTIONS THAT WE COULD DO. TO GO THROUGH TO AGAIN MAKE US LESS INCONVENIENCE AS POSSIBLE. WITH WITH THE RESIDENTS SO COUNCIL THIS IS, UH , NEW AND THIS IS AND SO OBVIOUSLY ONE WANT TO TALK TO YOU ABOUT IT AND GET YOUR THOUGHTS ON IT. THERE'S NO ACTION TONIGHT. UM BUT BECAUSE THIS IS A VERY UNIQUE APPLICATION THAT'S NOT UNIQUE. I[00:35:03]
THINK SOME OF THOSE PICTURES OF MOJAVE DESERT LOT OF SUN OUT THERE, BUT SO ANYWAY, WE WANT TO RUN IT BY YOU GET YOUR THOUGHTS ON IT. AND YOU THINK THROUGH THESE, UH PHASING AND HOW WOULD AFFECT HOW INFECT THE RESIDENTS? YES SIR. YOU GOT YOUR 24 HOURS GOING. AND. GOLF CART DRIVES DOWN ALONG THERE AND THEN A GUY WITH A MOTORCYCLE AND SOME PEOPLE WITH THE BICYCLE AND THEN SOMEBODY WITH THEIR THREE WHEELER. UM, YOU HAVE TO START OVER WHAT HAPPENS WHEN THAT HAPPENS BECAUSE I'VE NOTICED THAT SIGNS DON'T REALLY DO A LOT AROUND HERE THAT THAT IS CORRECT . THAT IS CORRECT. WHAT'S WHAT'S THE WEIGHT USUALLY 24 HOURS. BRANDON HEAVEN CHARACTER IGNORES , SO WE USE THE 24 HOUR RULE. USUALLY THIS STUFF DRIES WITHIN AN HOUR. UM WE JUST, YOU KNOW, LEAVE IT ON 24 HOURS. JUST SO IT REALLY COATS OF SOMETHING LIKE THAT WERE TO HAPPEN WHEN WE'RE OUT THERE. WHAT? WE FIX IT RIGHT AWAY. SO INSIDE THAT FIRST HOUR PRETTY SENSITIVE, BUT YES, OUTSIDE AN HOUR HOUR AND A HALF A GOLF CART WENT OVER IT AND SOMETHING. YES, SIR. AND SOMETHING ELSE WE DO LIKE IN A NEIGHBORHOOD LIKE THIS, SO WE'LL COME IN. UM WE PUT TEXT BOARDS UP THROUGHOUT THE WHOLE NEIGHBORHOOD, AND IT HAS HAS AN APP HAS EVERYTHING TO OUR WEBSITE. THEN WE COME IN A WEEK BEFORE AND PUT FLYERS ON ALL THE DOORS. YOU KNOW, LETTING THE RESIDENTS KNOW WE'RE GOING TO BE IN AND THEN, UH, THREE DAYS IN ADVANCE. WE PUT FLYERS ON ALL THEIR DOORS WITH A MAP LIKE THIS, LETTING HIM KNOW YOU KNOW WHAT SECTION IS GOING TO BE? DONE TRY TO FINISH THE DAY'S WORK. STILL A LITTLE BIT OF DAYLIGHT WHERE YOU CAN HAVE THE AREA MAN TO FOR A LITTLE FOR THE FIRST HOUR, SO TO MAKE. YES SIR. YOUR SUPERINTENDENTS, USUALLY RIGHT AFTER WE SPRAY A ROAD OR SUPERINTENDENT WILL BE ON SITE UNTIL IT'S DRIED UP AND CURED OUT SOON. HAVE TO KIND OF BODIES OF QUESTIONS HERE FOR A MINUTE. SO ONE IS YOUR EXPERIENCE WITH THIS MATERIAL AND APPLICATION. HOW IT WORKS. WHAT IS THE SURFACE LOOK LIKE FEEL LIKE THAT . THOSE QUESTIONS AND SECOND THE SELECTION PROCESS FOR THIS PARTICULAR NEIGHBORHOOD FOR FLORENCE IN TERMS OF THE ROADWAYS ACROSS THE TOWN, OR THESE IN OUR THESE ARE THAT I MEAN, I KNOW WHERE THEY'RE AT IN TERMS OF THE WINDOW, BUT WE HAVE A LOT OF ROADWAYS. SO THESE ARE SELECTED BASED ON WHAT SO THOSE TWO AREAS OF QUESTIONS. I'D LIKE SOME THOUGHTS ON THOSE I'M GONNA START WITH YOUR SECOND QUESTION. HOW DO WE SELECT THIS AREA? UM FIRST OFF WHEN FLORENCE FLORENCE WE LOOKED AT BECAUSE WE SPENT WE DID HAVE THAT CAPITAL IMPROVEMENT PROJECT. I BELIEVE IT WAS FOUR YEARS AGO. I DON'T REMEMBER THE CALLS FOR US THE TOP OF MY HEAD. I WANT TO SAY IT WAS IN THE $2 MILLION RANGE TO REDO 1.91 POINT. YEAH IT WAS IT WAS SOMEWHERE RIGHT IN THERE AND FOR US TO DO THE PREVENTATIVE MAINTENANCE NOW WITH IT BEING AT THE FOUR YEAR MARK, WE WANT TO MAKE SURE WE GET WE GET THE ORIGINAL BINDERS TAKEN CARE OF NOW. OR YOU KNOW, POSSIBLY MAYBE NEXT YEAR IN THE IN THE BUDGET, BUT WE WANT TO STAY ON TOP OF IT, SO WE DON'T HAVE TO SPEND ANOTHER I WOULD SAY TWO MILLION, BUT THE WAY PRICES ARE GOING RIGHT NOW WE CAN GO AHEAD AND PROBABLY SAY FOUR MILLION TO DO FLORENCE AGAIN AND SAY 4 TO 5 YEARS OR USING THE TOWN BUDGET ONCE A YEAR WITH OUR STREET CREW OUT THERE, REPLACING SMALLER PATCHES. YOU'RE YOU'RE GOING TO HAVE FAILURE ON ASPHALT. IT DOES HAPPEN. BUT IF WE CAN KEEP IT OUT OF MINIMUM AND THE STREET CREWS DOES NOT HAVE TO GO OUT THERE AND REPLACE THAT ASPHALT AS MUCH. THAT'S ALWAYS A PLUS SIDE. UM WITH THE HIGHLANDS THAT IS, I BELIEVE THAT'S 4 TO 5 YEARS OLD RIGHT NOW. WE HAVE CRACK SOLD IT. I WANT TO SAY TWICE ALREADY, AND WE WILL DO IT A THIRD TIME. BUT PUTTING THAT COAT ON TOP THAT SHOULD HELP WITH KEEPING THE MOISTURE OUT OF THE ASPHALT, WHICH CAUSES MORE CRACKING. UM. THE FIRST PART, THE FIRST QUESTION THAT YOU ASKED WAS. COULD YOU REPHRASE THE FIRST QUESTION ONE MORE TIME I'M INTERESTED IN SO THIS APPEARS TO BE A NEW SOLUTION THAT WE HAVEN'T USED BEFORE. SO DO YOU HAVE EXPERIENCE OR KNOWLEDGE OF WHERE THIS HAS BEEN USED IN TEXAS? LET'S SAY THAT YOU'VE ACTUALLY SEEN THE SURFACE OR OR AND ALSO I HAVE ANOTHER QUESTION. WOULD WE BE PUTTING THIS DOWN OR WITH A CONTRACTOR BE DOING IT? BUT AS FAR AS THE SURFACE IS CONCERNED, I KNOW THAT WHEN YOU START ADDING DIFFERENT MATERIALS INDEED, KIND OF AUGMENTING A LITTLE BIT HAVING DIFFERENT SURFACES ACROSS THE TOWN GETS A LITTLE UNNERVING BECAUSE YOU GO FROM ONE TO THE OTHER, THE OTHER TO THE OTHER, AND IT LOOKS LIKE A PATCHWORK QUILT, SO I JUST WANT TO MAKE SURE THAT WE'RE NOT CREATING A SUBSTANTIALLY DIFFERENT SURFACE.NOW MIND YOU, THE ECONOMIC SOUND GREAT. BUT I REALLY WANT TO KNOW WHAT EXPERIENCE WE HAVE AT THIS
[00:40:06]
AND BEFORE WE GO DECIDING IT'S A GOOD IDEA THAT MAKES SENSE. ABSOLUTELY CITY OF HEARST, CEDARHURST. THAT'S THAT'S WHERE WE'RE ABLE TO GET THIS PRICE BECAUSE WE'RE ABLE TO AGAIN PIGGYBACK OFF THEIR PRICING THAT THEY'VE GOTTEN WITH THEIR CONTRACT. UM, SLIDE. YOU CAN.YOU CAN KIND OF SEE IT RIGHT HERE. BUT THE THAT'S THAT'S THE AESTHETIC THAT YOU'RE SPEAKING ABOUT. YOU DON'T WANT TO SEE GOING BACK AND FORTH. THE ASPHALT ON ON THE SOUTH END OF THE PICTURE. OBVIOUSLY HAS NO CODING ON TOP. THAT ASPHALT JUST LOOKING AT IT IS PROBABLY 3 TO 5 YEARS OLD. AND YOU CAN SEE HOW THE U V AND OXIDATION IT'S PRETTY MUCH TAKEN AWAY THE COLOR OF THE ASPHALT. HAVE YOU SEEN THEM ASPHALT? IT'S PREDOMINANTLY BLACK. IT'S VERY DARK. THIS THE OIL THE BINDERS, KEEP IT ALL TOGETHER. WHAT THE FJ FIVE DOING IS DOING IT'S PUTTING THAT TOP COAT RIGHT OVER TOP. IT'S PUTTING A SEALANT OVER IT. SO THAT COLOR STAYING IN. IT'S ALSO MAKING SURE THAT THE BINDERS ARE STAYING FLEXIBLE. IT'S TEXAS ARE WE KNOW OUR GROUND IS GOING TO MOVE? SO HAVING THAT FLEXIBILITY WITH THE BINDERS WILL HELP THE GROUND. FLEX A LITTLE BIT WITHOUT RESULTING IN MORE AND MORE CRACKING BRANDON WITH THIS H H FIVE BE ABOUT THE SAME COLOR AS A BRAND NEW PAVED ASPHALT ROAD. YES SIR. YES SIR, HAVE JUST LIKE WE HAVE WITH ASPHALT STREETS. SOME WILL BE MORE FADED THAN OTHERS. AND MOST OF OUR NEWER NEIGHBORHOODS HAVE CONCRETE STREETS. AND THIS ISN'T APPROPRIATE FOR CONCRETE, RIGHT? NO SIR. NO, SIR, THIS IS THIS IS STRICTLY FOR ASPHALT. UM WE WOULD BE DOING THE SAME THING IF WE HAD A ROAD THAT WAS PAVED.
FIVE YEARS AGO, WE'D BE WE'D BE COMING AND SAYING, HEY, WHAT KIND OF PREVENTATIVE MEASURES CAN WE DO TO MAKE SURE THIS ROAD STAYS IN THE BEST BEST WAY THAT IT CAN, BECAUSE ONCE YOU START WITH A CRACKING AS WE KNOW IT WILL JUST START TO FAIL ALL AROUND, AND WE'RE HAVING TO DO MORE PATCHES OR ROAD SHUTDOWNS AND THEN WE'RE NOT LOOKING AT A PREVENTATIVE MAINTENANCE ANYMORE. WE'RE LOOKING AT TOTAL RECONSTRUCTION. A COUPLE OF YEARS BACK. WE TRIED A NEW PRODUCT ON SCHOBER. I REMEMBER YEAH, AND SOME OTHER ROADS AND IT NEVER HELD UP TO ITS PROMISES . IT WAS THROW AWAY MONEY. AH WHAT WHAT MAKES THIS PRODUCT DIFFERENT THAN THAT PRODUCT THAT WAS USED? AND IS THERE ANY TYPE OF WARRANTY OR ANYTHING FROM MANUFACTURER ON THIS? IT SAYS IT WILL LAST X NUMBER OF YEARS IN TEXAS, ETCETERA. THE FIRST PART OF YOUR QUESTION WAS WE DID A SLURRY SETTLE ON SHOW BURN, BINGHAM SLURRY SEAL. IT'S ALMOST SIMILAR TO A CHIP SEAL LAYER OF OIL AND THEN A FINE AGGREGATE ON TOP. UM THE PREPARATION IS MOSTLY THE SAME. WE HAVE TO MAKE SURE THERE'S NO, UH, ALLOCATED SPOTS. SO IT'S DIGGING UP REPLACING ANYTHING THAT'S ALREADY CRACKED AND ALLOCATED, UM, CRACK, SEALING ANY CRACKS THAT ARE ON THE ROAD AND THEN THIN LAYER OF OIL THIN LAYER OF FINE AGGREGATE WITH H H A. J FIVE. J J FIVE. SEALS THE TOP OIL AND THE FINE AGGREGATES. IT'LL RUB TOGETHER THEY WILL RUB OFF. THE SEALANT. WELL ACTUALLY SEAL THAT THOSE BINDERS IN AND HELP WITH THE BINDERS, UM, WITH THE. WITH THE WARRANTY AS IN WHAT IT IS IN TEXAS. I CAN'T SPEAK ON THAT. THAT WOULD HAVE TO BE ANTHONY. UM, WITH THE COMPANY. BUT THE H A. H A FIVE SEEING IT IN PERSON SEEING IT HOW IT FEELS WHAT IT LOOKS LIKE , UM, AND IT ACTUALLY PUTS IT STRENGTHENS THE BINDERS IN THE ASPHALT INSTEAD OF PUTTING THE TOP COAT OVER THE TOP. AND WEARING OFF, ESSENTIALLY WILL BE MOST APPROPRIATE. IS THIS SIMILAR TO WHAT PEOPLE ON BLACKTOP DRIVEWAYS? THEY PUT THE CEILING ON. IS THERE ANYTHING MUCH DIFFERENT OTHER THAN MAYBE IT'S THICKER, OR IT'S A LITTLE BIT THICKER. YES AND TO ANSWER YOUR QUESTION ABOUT THE WARRANTY. UM GENERALLY SPEAKING , IT'S SUPPOSED TO LAST 5 TO 10 YEARS, BUT WE HAVE A FIVE YEAR WARRANTY. SO IF ANYTHING WERE JUST IF SOMETHING LIKE THAT WERE TO HAPPEN, WE WOULD COME BACK IN AND SOUNDS LIKE WE DO THE WHOLE JOB AND IT'S ALL ON OUR DIME. SO IT'S ALL IT'S WITHIN A FIVE YEAR MORANTE AND IF THERE IS ANY WARRANTY WORK, WE COME BACK IN AND FIX IT. SO. SO ONE OF YOU MENTIONED THE UV RANGE. HMM. HE'S ALWAYS GONNA REMIND ME OF VOICE IS SO SOFT, UM UV RAYS. SO . WITH NORMAL ASPHALT. WE ALL KNOW THAT IN TEXAS NOT ASPHALT
[00:45:06]
ENDS UP BEING TRACKED. CLEAR OUT ON ANY OTHER ROAD ASPHALT CAME FROM ONCE IT GETS TO BE HOT SUMMER. WHAT HAPPENS TO THIS STUFF? IF IT DOESN'T LET YOU RATE YOU VE RAISED IN. IT ISN'T TRACKABLE ANYMORE TO TRACK AWAY THAT COVERAGE. I'VE NEVER SEEN A LOT OF TRACKING WITH IT WITH WHAT WE DO IT, BUT I KNOW WHAT YOU'RE TALKING ABOUT, LIKE A SLURRY SEAL OR A CHIP SEAL? YEAH, YOU'LL NOTICE IT. BUT NOT WITH THIS. WE SPREAD IT A LOT AROUND TEXAS THROUGH THE WHOLE STATE FROM AMARILLO TO MCALLEN. UM WE HAVEN'T NOTICED. SOMETIMES WE HAVE NOTICED A LITTLE BIT GETTING TO PEOPLE'S DRIVEWAYS. BUT THAT'S AGAIN. THAT'S SOMETHING WE FIX SO. SO HEARST HAS HAD THIS APPLIED FOR HOW LONG NOW? IS THIS A RE APPLICATION OR INITIAL APPLICATION HEARSE? WE'VE BEEN IN HURST FOR IT'S PROBABLY ABOUT FIVE YEARS. NOW ABOUT SIX YEARS.LAST YEAR WE SPRAYED IN A RIVER OAKS, UM, BEDFORD. UM SPREAD A LOT IN WAX AHEAD CHEEK KIND OF AROUND THE WHOLE DALLAS AREA AS WELL. SO THEY'RE REPEAT CUSTOMER. YES SIR. AFTER FIVE YEARS? YES, SIR. OKAY, THAT'S A GOOD SIGN. ALL RIGHT. UM I DON'T HAVE ANY MORE QUESTIONS ABOUT THIS TIME, BUT I WANT TO DO A LITTLE MORE RESEARCH AND, UH, YOU CAN LET US KNOW THE TIMING MR CORN ON WHEN WE HAVE TO MAKE A DECISION ON THIS IF WE NEED TO, AND WE CAN HAVE A DISCUSSION ABOUT MARCH 9TH, BUT OKAY, ALRIGHT. NOT READY. IF YOU HAVEN'T DONE YOUR RESEARCH, OR IF THERE'S ANY WAY WE CAN HELP YOU WITH YOUR RESEARCH PROJECT. WELL I CAN I CAN ASK YOU, YOU KNOW FOR SOME REFERRALS, MAYBE MAKE A CALL OR TWO AND JUST POTENTIALLY IS THERE ANY PLACE WHERE THIS HAS BEEN APPLIED? THAT'S CLOSER THAN HURST. IN THIS AREA. LIKE I SAID, RIVER OAKS, WE DID SPRAY A NEIGHBORHOOD AND THE ARGYLE AREA . WE DID. YEAH. AND I HAVE TO GET THE I CAN GET THE INFORMATION OVER TO YOU GUYS ON THAT ONE. SO THAT WOULD BE WELL DRIVE OVER THERE TO SEE IT WILL GIVE YOU THE DIRECTIONS. SO I MEAN IN HURST, LIKE THE AREAS AROUND THE NORTHEAST MALL THAT AREAS THAT OPEN STRAYED I'M NOT 100% SURE WHAT AREAS WERE IN OVER THERE WE CAN. WE CAN GET WITH YOU AND GET YOU THAT INFORMATION ALL THAT NATION JUST TRYING TO THINK OF SEEN IT AND NOT KNOWN. I PROBABLY HAVE. WE'VE WE'VE DONE A LOT OVER THERE AND LIKE I SAID, WE JUST SO HERS. THE CITY OF BEDFORD CAME AND YOU KNOW, THEY'VE BEEN WATCHING US WITH HERS. AND THEN NOW THEY'RE REPEAT CUSTOMERS. WELL, SAME WITH RIVER OAKS. OKAY WELL, THANK YOU FOR THE Q AND A APPRECIATE IT. THANK YOU. ALRIGHT ITEM D. WE'VE GOT A
[2.D. Briefing- FiscalYear 2022-2023 Digital Budget Book]
BRIEFING ON OUR FISCAL YEAR. 22 23 DIGITAL BUDGET BOOK JOHN THOMPSON OR CAPITAL BUDGET, UH, COORDINATOR MANAGER. CLOSE CLUSTER JUST JUST BUDGET COORDINATOR SO DON'T NEED ADDITIONAL FULL, NOT JUST CAPITAL. THERE WE GO, SO GREAT COUNCIL MAYOR GOOD TO BE HERE.SO I WORK WITH JOHN Z OVER THERE FOR THE JOHNS AND THE FINANCE DEPARTMENT. BUT I'M EXCITED TO SHARE WITH YOU. THE DIGITAL BUDGET BOOK. THIS IS THE THIRD YEAR THAT WE'VE DONE THIS AND IT'S GOT A LOT OF PROS, ONE OF THEM BEING INTERACTIVE DATA AND CHARTS AND GRAPHS FOR CITIZENS TO BE ABLE TO GO IN DIG. LOOK AT AND REALLY LOOK AT THE DATA. HOW WAS THE TOWN SPENDING MONEY? WHAT PROJECTS WORKING ON ALSO PROVIDES A GREAT OVERVIEW OF THE TOWN STRATEGIC PLAN. WE HAVE THAT BUILT IN. WE'LL TAKE A LOOK AT IT IN A MINUTE AS WELL. I'M SORRY. MY VOICE IS A LITTLE OFF BUDGETING CONFERENCE LAST FEW DAYS, AND THOSE GET WILD SO BUT , UM ALSO WE HAVE SOME SUMMARY PAGES FOR THE DIFFERENT DEPARTMENTS, THE FUNDS THE CAPITAL PROJECTS, AND THEN IT.
ALSO ONE OF THE GREAT BENEFITS OF THE DIGITAL BUDGET BOOK IS THAT JUST OFFERS A LOT OF FINANCIAL TRANSPARENCY AND ACCOUNTABILITY AND ALLOWS CITIZENS TO GO ONLINE. FIND IT QUICKLY IN AN EASILY DIGEST DIGESTIBLE FORMAT INTO REALLY TAKE A LOOK AT HOW WE'RE SPENDING MONEY HERE IN THE TOWN. UM SO J. JOHN Z. HE'S GONNA GO AHEAD AND DRIVE FOR A MINUTE.
AND WE'RE GONNA TAKE A LOOK JUST REALLY QUICK TO GIVE YOU A BRIEF OVERVIEW OF WHAT THE DIGITAL BUDGET LOOK, BOOK LOOKS LIKE AND WHAT CITIZENS CAN EXPECT. SO THIS IS OUR TABLE OF CONTENTS PAGE? YES OKAY, GREAT. SO IT HAS A LIST OF EVERYTHING THAT'S IN THE BOOK. WE HAVE INTRODUCTION OR BUDGET DETAILS. THE APPENDIX, DIFFERENT FUNDS SUMMARIES AND WHAT WE'RE GONNA START WITH IS JUST LOOKING AT ONE OF THE COUNCIL GOALS AND WE HAVE ALL THE COUNCIL GOALS LISTED OUT ALONG WITH THEIR STRATEGIC INITIATIVES THAT THEY'RE TIED TO. THIS IS JUST REINFORCING IDENTITY. AND ON EACH OF THESE PAGES, YOU ALL CITIZENS CAN TAKE A QUICK LOOK. SEE SOME OF THE DATA AND PERFORMANCE METRICS THAT WE'VE COLLECTED AS WELL AS A LITTLE BLURB. KIND OF OUTLINING. WHAT IS THE GOAL ABOUT AND WHAT IS IT TRYING TO ACHIEVE AND WE WERE AT IN THE PROCESS OF TRYING TO ACHIEVE THAT GOAL. SO THE NEXT PAGE WILL HOP OVER TO YOU AS THE BUDGET
[00:50:03]
AND BRIEF. THIS IS A FANTASTIC ONE FOR GETTING A HIGH LEVEL BUDGET OVERVIEW. SO IF A CITIZEN WANTS TO KNOW JUST REALLY QUICKLY, WHAT IS THE TOWN DOING WITH ALL THE MONEY WITH TAXPAYER DOLLARS WITH DIFFERENT FUNDS THAT ARE COMING IN, AND HE GRANTS? THIS IS A GOOD SPOT TO JUST REALLY TAKE A QUICK LOOK. SO WE HAVE JUST A TABLE SHOWING WHAT ARE THE ACTUALS FOR THE LAST FIVE YEARS AND THEN THE BUDGETED YEAR? YOU KEEP GOING DOWN AS WELL. THERE'S SOME OF THE IMPORTANT FUNDS. SO OUR GENERAL FUND ALSO LOOKING AT WHAT PERSONNEL ARE IN THE TOWN.HOW ARE WE TRACKING WITH THAT? WHAT? STAFFING BY DEPARTMENT. HOW DOES THAT COMPARE TO THOSE THAT WERE SERVICING THE POPULATION? AND THEN WE HAVE SOME OTHER FUNDS HIGHLIGHTED LIKE TECHNOLOGY AND EQUIPMENT FUND AND ALSO UM, I BELIEVE WE HAVE ONE. OH, YEAH, AND CAPITAL PROJECTS, SO THAT'S IT GIVES A REAL QUICK LIMPS OF WHAT'S GOING ON IN THE TOWN AND WHAT'S GOING ON WITH OUR BUDGET, SO THE NEXT PAGE IS AN EXAMPLE OF OUR FUND PAGES. SO THIS IS OUR GENERAL FUND PAGE? UM THE FRONT PAGES AND DEPARTMENTAL PAGES WILL LOOK FAIRLY SIMILAR. THERE'S GONNA BE A DESCRIPTION OF EITHER THE DEPARTMENT OR THE FUND. THERE'S GOING TO BE ON THE DEPARTMENT PAGES IS GOING TO TALK ABOUT GOALS FROM THE PREVIOUS BUDGET YEAR, AS WELL AS CURRENT GOALS AND THEN ANY CHANGES WITH THE FUNDS. IT'S REALLY SHOWING WHAT'S GOING TO BE SPENT. THIS YEAR, WE GOT A CHART SHOWING HOW FUNDS ARE TRACKING OVER THE LAST FIVE YEARS AND THEN A LITTLE BREAKDOWN OF THE FUNDS AS WELL AS A BREAKDOWN OF REVENUES AND EXPENDITURES BY CATEGORY. AND ALSO BY DEPARTMENTS AND THEN IF WE CONTINUE DOWN A LITTLE BIT MORE FUN BALANCE PERSONNEL. HOW ARE THESE FUNDS SUPPORTING PERSONNEL AND THEN ANY PERFORMANCE METRICS THAT MIGHT BE TIED TO THESE FUNDS? SOME FUNDS LEND THEMSELVES MORE TO PERFORMANCE METRICS. OTHERS DON'T BUT IF WE HAVE SOME, WE'VE INCLUDED IT HERE IN THIS BUDGET, AND THEN LAST OF ALL, JUST KIND OF A LINE. I HAD A BREAKDOWN. OF THE DIFFERENT CATEGORIES. AND THEN THE NEW THING THAT WE'VE ADDED THIS YEAR IS OUR CAPITAL IMPROVEMENT PROGRAM. SO WE'VE ALWAYS HAD THAT IN THE PDF FORMAT. WE'VE NEVER PUT IT IN THE DIGITAL BUDGET BOOK. THIS IS THE FIRST TIME WE'VE DONE IT, AND SO THIS IS WHERE THAT CITIZENS CAN EASILY GO ON. LOOK THROUGH THE DIFFERENT CAPITAL PROJECTS. IT'S BROKEN DOWN NICELY WITH THE PROJECT LIST. THIS PAGE HAS AN OVERVIEW OF ALL THE PROJECTS. YOU LOOK AT WHAT'S GOING ON COSTS BY YEAR. WHAT'S THE PROJECT TYPE FUNDING SOURCES ? AND THEN IT ALSO ENDS KIND OF WITH A BREAKDOWN OF THOSE COSTS FOR THE NEXT LOOKS LIKE FIVE YEARS, AND I BELIEVE THERE MIGHT BE ONE MORE TABLE DOWN BELOW. YEAH SO ALSO THE FUNDING SOURCES BREAKDOWN OF HOW THOSE PROJECTS WE WERE HOPING OR EXPECT FOR THEM TO BE FUNDED. AND SO JUST TO SHOW YOU AN EXAMPLE OF ONE OF THE PAGES WE JUST PULLED OUT THE FAT ROAD REALLY QUICK OLD JUSTIN'S ROBSON RANCH. LIKE THE FUN PAGES. THE DEPARTMENT PAGES . THERE'S A DESCRIPTION ALSO ADDS A PURPOSE FOR WHY WE'RE DOING THIS PROJECT. GIVES A QUICK SUMMARY OF WHAT'S THE COST OF FUNDING SOURCE. USEFUL LIFE, THE DESIGN OF THE PROJECT AND THEN WE ALSO TALKED ABOUT WHAT'S THE IMPACT ON THE MAINTENANCE AND OPERATING COSTS. WHAT'S THE IMPACT GOING TO BE ON THE TOWN? WELL WHAT WE'RE HOPING TO ACHIEVE IN ANY STRATEGIC GOALS IS TIED TO AND THEN, LIKE THE CAPITAL MAIN CAPITAL PROJECT, PLAGE, WE BREAK DOWN THE FUNDING SOURCES AND COSTS AND I THINK THERE'S A TABLE BELOW THAT AS WELL. AND THAT JUST SHOWS THE BREAKDOWN BY YEAR. AND SO INTERNATIONAL. THAT'S THE DIGITAL BUDGET BOOK. WE'RE REALLY HOPING CITIZENS GO ONLINE AND TAKE A LOOK. THIS IS A GREAT WAY FOR THEM TO DIG IN, AND THEY CAN. THE GREAT THING ABOUT THE PROGRAM THAT WE USE IS ALLOWS YOU TO REALLY DIG IN AND INTERACT WITH THE DATA AND TO FIND OUT WHERE IS WHERE IS THE MONEY GOING? SO CREASES THAT TRANSPARENCY? JUST ONE THING TO HIGHLIGHT IS WE'VE 30 YEAR WE'VE DONE THIS. ALSO 30 RESUBMITTED FOR THE DISTINGUISHED BUDGET AWARD, WHICH IS THAT ONE SITTING ON THE WALL BACK THERE. UM SO WE'RE HOPEFUL THAT WE'RE GOING TO GET IT AGAIN. IT GOES THROUGH A REVIEW PROCESS KIND OF SIMILAR TO THE COMPREHENSIVE FINANCIAL REPORT THAT JAY Z WAS TALKING ABOUT EARLIER THAT WE RECEIVED FOR THE AUDIT. THIS ONE'S FOR SPECIFICALLY THE BUDGET BOOK AND HOW IT'S PRESENTED TO YOU ALL AND CITIZENS. SO WITH THAT IF THERE'S ANY QUESTIONS OR COMMENTS, HAPPY TO ANSWER CLARION, CLARIFY ANYTHING. NICE WORK NUMBER ONE. UM THIS IS THIS IS REALLY NICE PACKAGE IT REALLY GETS AT THAT RETAIL FLARE THAT I TALKED ABOUT A LOT, MR CORN, SO I APPRECIATE THAT. IT'S DIGESTIBLE. BUT THEY DID THE WORK, THOUGH, RIGHT? ABSOLUTELY CLEAR. LET ME HIRE THE GREAT GREAT GREAT EMPLOYEES JUST WANT TO BE CLEAR. BUT I DID GET A CHANCE TO FLIP THROUGH JUST ABOUT ALL OF THESE, AND EACH ONE HAS SOMETHING MEANINGFUL THAT IT REALLY IS KIND OF A GOOD FOCUS DOESN'T GET LOST IN THE WEEDS.
IT'S JUST IT OUTLINES IN A VERY NICE MANNER. AND OF COURSE, BEING ABLE TO SCAN OVER THE WHOLE TABLE OF CONTENTS IS REALLY HELPFUL. THIS IS A LONG WAY FROM 100 PAGE PDF FUND. YOU KNOW, FUND BALANCES THAT WHILE THE DATA IS THERE, IT'S NOT ALWAYS EASY TO FIGURE OUT WHAT'S HAPPENING IN THIS REALLY, REALLY TIES IT BACK TO WHAT WE'RE TRYING TO ACCOMPLISH. AND SO I DO APPRECIATE IT. THIS IS THIS IS GOING A LONG WAY. SOME OF THESE ELEMENTS HAVE SEEN IN OTHER CITIES AND WANTED TO SEE THEM HERE. AND SO WE'RE MAKING STEPS. THAT'S GOOD. I APPRECIATE YOU BOTH IN YOUR WHOLE DEPARTMENT. THANK YOU. COUNCIL ANY FURTHER COMMENTS FOR THEM? WONDERFUL I WAS JUST CURIOUS SINCE WE LAUNCHED THIS. I KNOW THE FIRST YEAR WE LAUNCHED IT.
[00:55:05]
VIEWERSHIP OF THIS DOCUMENT. HER HITS ONLINE HITS WAS EXTREMELY LOW. HAVE WE SEEN AT LEAST SOME SORT OF INCREASE IN THAT TRAFFIC AT ALL? DO WE KNOW? HAVE WE SEEN THAT ALL I KNOW PREVIOUSLY ONE OF THE REASONS WE SWITCH TO THE DIGITAL BUDGET BOOK IS HE CREATED A GREAT DOCUMENTS, AND ONLY FIVE PEOPLE EVER LOOKED AT IT. SO I MOVED TO THIS ONE. I DON'T KNOW. HAVE WE? UM SO THE NUMBER OF PEOPLE WHO ACTUALLY LOOK AT IT ROUTINE BASICALLY SAY INCREASED AND SO FUTURE THINGS WILL PROBABLY ROLL OUT IN THIS FORMAT IS QUARTERLY FINANCIAL REPORTS AND WE'RE GONNA KEEP USING THIS PLATFORM FOR OTHER THINGS, AND PROBABLY IN THE FUTURE. WE'RE ALSO GONNA ROLL OUT LIKE CHORLEY UPDATES TO CAPITAL IMPROVEMENT PROGRAMS. SO THESE PROJECT PAGES YOU SEE, GOING UP AND UPDATING THE FINANCIAL INFORMATION. OUR GOAL IS TO DRIVE PEOPLE TO THIS AND THAT THE INFORMATION ALL SENT RELATED AND SIMILAR WAYS AND IN SIMILAR PLACES WERE ONE OF TWO CITIES IN TEXAS THAT DO THIS FOR THE FIRST ONE TO ACTUALLY GET THE AWARD FOR IT IN THE STATE OF TEXAS, SO IT'S GOOD. AND THIS IS WHY I ASKED FOR A BUDGET COORDINATOR THIS LAST YEAR IS BECAUSE GETTING SOMETHING LIKE THIS AND VENIAL DESIGN SOMETHING LIKE THIS CONSISTENTLY YEAR OVER YEAR AND IMPROVE IT AND MAKE PROGRESS ON TRANSPARENCY. THIS IS EXACTLY WHY WE REQUEST THESE POSITIONS, AND JOHN HAS BEEN A GREAT RESOURCE. IT'S BEEN WITH ME A LITTLE OVER 2.5 MONTHS.THIS WAS HAPPENING ONE MONTH. OKAY 6 28 PM WE OPENED THE PUBLIC COMMENT TONIGHT. UM I'VE
[3. PUBLIC INPUT]
GOT 11 CARD SUBMITTED. AND THEN OF COURSE YOU CAN. YOU CAN WAVE AT ME IF ANYONE ELSE WANTS TO SPEAK TONIGHT, MR MCGREGOR FLOOR IS YOURS. JOHN MACGREGOR 18 AND 21 ASSEMBLY LINE. AND, UH, I BET YOU GUYS CAN GUESS. ANY OF YOU HAVE BEEN AROUND FOR A WHILE. NOW THAT I HATE THE TOURS. UM THANK YOU. WE CAN AFFORD TO LOWER TAXES ON SOMEBODY. THEN ALL OF US SHOULD PAY THE LOWER TAXES. BUT ON THIS PARTICULAR PROJECT, I'D SAY KUDOS TO HILLWOOD. THAT SOUNDS LIKE AN AWESOME DEAL FOR THEM, UM YOU KNOW, WE HAVE IMPACT FEES AND FOR THE WATER AND IMPACT FEES FOR THE ROAD AND ALL THESE KIND OF DIFFERENT THINGS. AND HERE WE'RE FLIPPING THAT ON ITS HEAD AND JUST GONNA GIVE THEM ALL THIS STUFF FOR FREE, BASICALLY, AS LONG AS THEY DO IT UP FRONT $50 MILLION BUT YEAH. UM SO. YOU KNOW, THERE'S A LOT OF DETAILS TO THIS AND I'M SURE YOU GUYS HAVE LOOKED AT IT, BUT IT'S GOING TO BE 25 YEARS BEFORE THEY START PAYING. TAXES LIKE EVERYBODY ELSE DOES. AND I'M WONDERING IF. THIS INFRASTRUCTURE IS GOING TO ALL LAST 25 YEARS BEFORE IT NEEDS TO BE REBUILT. WE'RE TALKING ABOUT AN AWFUL LOT OF ROADS THAT WE'RE GOING TO SPEND AN AWFUL LOT OF MONEY ON THAT ARE ANYWHERE NEAR THAT OLD. AND I'M ASSUMING MAYBE THESE ARE GOING TO BE CONCRETE AND THE LAST THAT LONG? I DON'T KNOW. BUT AND NOTHING WAS SAID ABOUT ALL THESE IMPACT FIGURES AND WHATNOT, SO I DON'T KNOW IF THEY'RE PAYING THOSE AND THEN THEY'RE GETTING THIS TAX BREAK OR HOW THAT ALL WORKS, BUT IT DIDN'T SOUND LIKE IT. THANKS. WE CAN ADD A LITTLE BIT MORE AT THE THAT THE LINE ITEM FOR THE AGENDA TONIGHT. I THINK WE CAN ANSWER A LITTLE BIT OF THAT LITTLE LITTLE LATER. OKAY GREAT. AND ANOTHER THING ON IT IS, YOU KNOW, WE'VE LOOKED AT A LOT OF PROJECTIONS ABOUT FUTURE PROJECTS AND MONEY COMING INTO THE TOWN. I DON'T THINK ANY OF THOSE PROJECTIONS CONSIDERED THAT THE MONEY COMING IN WAS GOING TO BE REDUCED BY 50. OKAY. ALRIGHT, OTHERS TONIGHT. YES, MA'AM. HI. MARINA HARDIMAN. A COUPLE OF QUICK QUESTIONS FIRST WITH REGARD TO THIS, UM THIS ASPHALT TREATMENT. FIVE I GOT A COUPLE OF QUESTIONS ON THAT, SO THERE'S A SURFACE APPLICATION CONTAIN ANY TOXIC CHEMICALS THAT MIGHT REACH INTO OUR SURFACE WATER OR OUR GROUNDWATER. THAT'S SOMETHING THAT WE CONSIDER VERY PRECIOUS IN OUR TOWN, AND MANY OF YOU HAVE PRIVATE WELLS AND WONDERING IF IT'S GOING TO REACH INTO THE OTHER THE SURFACE WATER OR GROUNDWATER. IF THEY COULD ANSWER THAT QUESTION, THAT'D BE GREAT. ALSO YOU'RE TALKING ABOUT A SURFACE APPLICATION AND IN MY PROFESSION, WE ALSO DO SURFACE APPLICATIONS AND WE CONSIDER THINGS CALLED SLIP RESISTANCE, AND I'M WONDERING IF THIS PARTICULAR MM, TOPPING TO AN AGGREGATE ROAD HAS WHAT'S CALLED A COEFFICIENT FRICTION. AND IF WE CAN ESTABLISH WHAT THAT COEFFICIENT OF FRICTION IS, BECAUSE IF YOU'RE DRIVING ON A SURFACE AGGREGATE, PROVIDES THAT FRICTION AND ALLOWS YOU TO NOT SLIP WHENEVER IT'S A RAINY. YOU KNOW WHAT SURFACE AND SO IF IT'S GOT A THERE'S CALLED A. THERE'S SOMETHING CALLED A ROADWAY, DYNAMIC COEFFICIENT OF FRICTION OR D C O F. IF THEY'VE GOT THAT INFORMATION THAT WOULD BE HELPFUL FOR CONSIDERING WHETHER OR NOT THIS WOULD BE A GOOD THING TO DO. AS WELL AS THE[01:00:04]
CONSIDERATION FOR WHATEVER TOXIC CHEMICALS MIGHT RUN OFF THE ROAD DURING RAIN OR WHATEVER. UM LET'S SEE. THERE'S ALSO I'VE GOT A COUPLE OF QUESTIONS ON THE HILLWOOD DEVELOPMENT AGREE WITH THEM. WITH MR MCGREGOR HERE. YOU'RE TALKING ABOUT TOTAL INFRASTRUCTURE OF 45 TO $50 MILLION AND YOU'RE TALKING ABOUT A FIVE YEAR PROPERTY TAX ROLLBACK. AND WHAT THAT DOES IS, IT TAKES IT OUT OF WHAT I GUESS IT'S CURRENTLY AN AG AND TAKES IT TO THE INDUSTRIAL ZONING VALUATION. HAVE WE GOT AN IDEA OF WHAT THAT COST IS OR WHAT THAT AMOUNT OF TAX IS? THAT'S GOING TO BE THE FIVE YEAR ROLLBACK BECAUSE THAT TAX MONEY'S GOT TO COME FROM SOMEWHERE AND THE OTHER QUESTION THAT I HAVE ON THAT IS THIS. ONLY INFRASTRUCTURE IN THEIR DEVELOPMENT OR INFRASTRUCTURE TO THEIR DEVELOPMENT AS WELL, BECAUSE I KNOW SOMETIMES YOU HAVE TO DO CONNECTORS AND THINGS LIKE THAT. THAT AND I'M JUST CURIOUS ABOUT THAT. IF YOU COULD ANSWER THOSE QUESTIONS THAT WOULD BE, UM, HELPFUL AND INFORMATIVE. THANK YOU FOR YOUR TIME. OKAY WELL, WE HAVE THAT ON THE AGENDA AS WELL. SO WE CAN TALK TO SOME OF THAT. I THINK WHEN WE GET TO THAT A LINE ITEM OTHERS TONIGHT. SORRY OTHERS. I WANT TO TALK ABOUT PUBLIC COMMENT TONIGHT. JUST WAVE AT ME GOING ONCE. GOING TWICE. ALRIGHT 6. 32 PM WILL CLOSE THE PUBLIC[4. CONSENT ITEMS]
COMMENT. WE HAVE THREE ITEMS ON THE AGENDA FOR CONSENT. TONIGHT ITEMS A B AND C ITEM A IS MEETING MINUTES FROM THE LAST MEETING. MB IS AN INTER LOCAL WITH DENTON COUNTY AUDITOR AND THEN COUNTY SHERIFF'S OFFICE FOR OPERATIONAL SUPPORT AND MAINTENANCE FOR SOFTWARE FOR POLICE CARS. AND THEN A RESOLUTION APPROVING AN ESCROW AGREEMENT AND COST SHARING AGREEMENT WITH THE MMD NUMBER ONE WHICH IS CONSIDERED MINISTERIAL CORRECT. THANK YOU A B. N C FOR CONSIDERATION TONIGHT. COUNCIL. I HAVE A MOTION FROM THE SECOND MAYOR PRO[4. VOTE]
TEM HAVE A SECOND FROM COUNCILOR GANZ. OPEN THE VOTING, PLEASE. ALL RIGHT. WE HAVE SIX AND ONE[5.A. Consider a Resoluon of the Town of Northlake, Texas, approving and authorizing the Town Manager to execute an agreement/contract with Halff Associates, for Preliminary Design and Construcon Plans of the Catherine Branch Wastewater Treatment Plant Expansion, in an amount not to exceed $416,900]
ABSENCE WILL MOVE TO OUR REGULAR ACTION ITEMS. ACTION ITEM A RESOLUTION TO PROVE THE TOWN MANAGER TO EXTEND A CONTRACT WITH HALF ASSOCIATES FOR THE CAPTAIN BRANCH. WASTEWATER TREATMENT PLANT EXPANSION IN THE AMOUNT EXCEED 416,000, MR CORN. AS I MENTIONED EARLIER IN THE DISCUSSION ABOUT THE HILLWOOD DEVELOPMENT, UM WE WANT TO MAX OUT OR FAST TRACK THE OUR WASTEWATER TREATMENT PLANT. SO THIS IS THIS IS THE NEXT STEP IN THAT. BY MAXING OUT THAT PLANT THAT WILL GIVE US A LITTLE BIT MORE TIME TO WORK WITH TRAINING RIVER AUTHORITY IN THE CITY OF JUSTIN TO GET A REGIONAL LINE AND AGAIN THIS THIS WILL BE SOME MONEY UP FRONT, BUT WE BELIEVE THERE WILL BE MORE THAN MORE THAN THIS AND SAVINGS ON THE BACK END. SO WE'RE CURRENTLY AT 1.2 POINT. 125 WE'VE GOT THE T CQ APPROVAL TO GO 2.25. WE NEED TO NOW GO 2.5 SO, UH, AND IMPROVE THE IMPROVED THE SITE LOOK AT THE FLOWS TAKE THIS THROUGH THE T. C Q PERMITTING PROCESS. AND SO THIS COMES TO I'M STILL ALMOST $417,000 HALF HAS BEEN WORKING ON EARLIER PHASES, AND SO IT'S. IT'S THE MOST EFFICIENT TO JUST HAVE THEM CONTINUE WITH THIS. WITH THIS PROJECT. YOU MAY HAVE MENTIONED WHERE IS THE FUNDING COME FROM FOR THIS ONE. THIS WILL BE PART OF THE CATHERINE BRANCH PROJECTS . THE PARTNERSHIP WE HAVE WITH THE DEVELOPERS OF THE FOSTER AND BUCHANAN TRACKED HMM. I MAY HAVE MISSED THIS, BUT THE 416,000 ASKING FOR HERE. WHERE IS THE FUTURE SAVINGS? TIME FROM WHAT? HOW WE OBTAINING THOSE FUTURE SAVINGS WITH THE PARTNERSHIP OF JUSTIN IN BEING PART OF THAT REGIONAL LINE THAT GOES FROM HERE, DOWN TO THE T R A PLANT.UM IT THEY SHARE THOSE COSTS. AND SO. IT'S KIND OF LIKE OVER SIZING, BUT IN THE REVERSE, AND NOW WE WERE GOING TO BUILD A BIGGER LINE, BUT WE'RE ECONOMIES OF SCALE. COUNSELORS DISCUSSION.
[5.A. VOTE]
ALL RIGHT. AND WE'RE OPEN FOR EMOTIONS. I'LL MAKE A MOTION TO APPROVE. IS THERE A SECOND? HAVE A SECOND FROM COUNCILOR KICKER. OPEN THE VOTING, PLEASE, UNLESS THERE'S ANYTHING FURTHER. RIGHT? SIX AND ONE ABSENT. NEXT WE HAVE ITEM BE CONSIDERED RESOLUTION TOWN IN NORTHLAKE APPROVING TIME[5.B. Consider a Resoluon of the Town of Northlake, Texas, approving and authorizing the Town Manager to execute a development agreement with Petrus Investment, L.P., for the development of the proposed Hillwood Industrial Park Concept]
[01:05:05]
MANAGEMENT EXECUTE DEVELOPMENT AGREEMENT WITH PETRUS INVESTMENT FOR THE DEVELOPMENT OF THE PROPOSAL WOULD INDUSTRIAL PARK CONCEPT SO BACK TO THE AGREEMENT FOR A SECOND AND SOME OF THESE QUESTIONS? THIS BASICALLY COMES DOWN TO TWO APPROACHES ONE WE CAN PAY FOR ALL THE PUBLIC INFRASTRUCTURE OURSELVES LIKE WE DID IN THE LAST PROJECT, AND WE CAN SPEND HOW MUCH OF THE PUBLIC INFRASTRUCTURE THAT WE WOULD BE ON THE HOOK FOR IF WE DIDN'T HAVE THEM BUILD IT. UM WE WOULD BE UM FOR THE HILLWOOD DEVELOPMENT. WE YOU KNOW, WE COULD BE UPWARDS 2025 MILLION, EVEN WITH PROPORTIONALITY, UM, THAT WE WOULD HAVE TO FINANCE SO THAT'S THE BOTTOM LINE. EITHER WE GO OUT AND DEBT OURSELVES AND PAY FOR THE FINANCING AND ADD THOSE TOTAL COSTS OVER TIME, OR WE MAKE THE DEVELOPER DO IT ALL. OR THE FLIP SIDE IS PUSHING ON THE DEVELOPER AND MAKE THEM PAY FOR IT. SO WE DON'T HAVE TO OUTLAY THE CAPITAL COSTS ASSOCIATED WITH THE PROJECT THAT ARE ASSOCIATED WITH THE TOWN'S RESPONSIBILITIES FOR PROPORTIONALITY. ANYTHING THAT'S AROUND IT. THEY'RE GOING TO BUILD THE WATER LINES THAT GO AROUND IT. THE SUPER LINE THAT GOES THROUGH IT IS ON THAT LIST. AND THAT'S SOMETHING THAT BENEFITS OTHER PROPERTY OWNERS, WHICH WHEN THEY PAY AND THEIR PROPORTIONAL SHARE. WE GET THOSE FEES AT THAT POINT. WITH REGARD TO FEES. REIMBURSEMENTS FEES ARE PAID IN LIEU OF INFRASTRUCTURE THAT THEY HAVEN'T PAID FOR. IN THIS CASE, THEY'RE PAYING FOR THE INFRASTRUCTURE SO IT WOULDN'T BE FAIR TO ASK HIM TO PAY FOR IT TWICE. THAT'S NOT ALL THE FEES, BUT THAT'S THE CORE ONE WHEN IT COMES TO IMPACT FEES. CONSTRUCTION SALES TAX IS ONE WE OFFER BECAUSE WE DON'T GET ANYTHING IF THEY DON'T BRING THE CONSTRUCTION SALES, OKAY? AND I KNOW YOU KNOW ABOUT THAT ONE. UM I DO NOT HAVE NUMBERS ON ROLLBACK. WHAT DO WE HAVE AN ESTIMATE ON ROLLBACK. DO YOU FOLKS HAVE AN ESTIMATE ON THE ROLLBACK VALUE? WE HAVE IT IN SOME OF OUR WORKSHEETS, BUT NO, SIR. I DON'T HAVE THAT OFF THE TOP OF MY HEAD. UM. THIS IS SO THE ROLLBACK IS IT ON? SO IT'S A WHOLE PROPERTY OR ON JUST THE PART THAT'S IN THE TOWN. THAT'S THE 77 ACRES. UM. IT WOULD. IT WOULD BE, UM. AS THEY CONVERTED FROM AG TO INDUSTRIAL, UM AND DEPENDING ON HOW THE P D WORKS AND HOW THEY PHASE IT. IT COULD BE OVER TIME. BUT IT IS, AS IT WAS SAID, YOU KNOW, IT'S AG EXEMPT RIGHT NOW, WHICH WOULD BE COAST, YOU KNOW, MAYBE 5% OF WHAT THE VALUE IS TO A TO INDUSTRIAL ZONE, BUT WITH NO BUILDINGS, JUST THE LAND ITSELF, SO I DON'T KNOW WHAT INDUSTRIAL LAND IS, UM, WITH WITH NO INFRASTRUCTURE. SO. A 800 ACRES AT YOU KNOW, DO YOU KNOW IF THIS APPLIES TO THE WHOLE 800 ACRES BECAUSE WE'RE TALKING ABOUT LAND THAT'S IN THE COUNTY TODAY, AND WE DON'T HAVE AUTHORITY OVER THAT RIGHT? AND THAT'S THAT'S THAT'S THE REASON FOR THE ROLLBACK. IT'S IT WOULDN'T BE OURS. IT'S IN THE E T. J NOW WE WOULDN'T BENEFIT IT FROM FROM IT ALL. SO THIS IS PART OF THE NEGOTIATIONS AND PART OF THE WHOLE PACKAGE FOR THE ANNEXATION. AS FAR AS INFRASTRUCTURE FOR THE PROJECT. THAT WAS ONE OF THE THINGS I WAS ASKING ABOUT WHEN I'M LOOKING AT THESE MAPS BECAUSE THERE'S WATER LINES THAT ENCOMPASS THE ENTIRE PROPERLY PROPERTY ALONG 1 56.WHICH SERVES PROPERTIES TO THE NORTH, AND TO THE SOUTH OF THIS POTENTIALLY AND IN THE CORNERS AND THEN THE SEWER LINE THAT CROSSES THROUGH THEIR PROPERTY. THOSE SERVE OTHER PROPERTY DEVELOPMENTS IN THE FUTURE TO BUILD TO OUR MASTER PLAN. SO ASKING THE BILL, NOT JUST THE INFRASTRUCTURE THAT SERVES THEIR PROJECT, NOT JUST THE INFRASTRUCTURE THAT SERVES THEIR PROJECT AND PROPORTION, BUT WE'RE ASKING IN THE BUILD. ALL THE INFRASTRUCTURE NECESSARY TO GET THIS PROJECT ONLINE AND EFFECTIVELY BRING OTHERS THAT ARE ON THEIR BORDERS ONLINE AS WELL. WHICH ALLOWS US TO CAPITALIZE ON YOU KNOW, MOVING OUR BORDERS AND BEING ABLE TO SERVICE THOSE PROPERTIES THAT ARE ADJACENT, INCLUDING THE ONES THAT ARE ACROSS 1, 56 AND BRINGING THE TIARA THE MAIN LINE ACROSS 11 56 TO SERVE THE PROPERTIES THAT WE'VE STARTED WORK WITH A COUPLE OF YEARS AGO NOW. SO THAT'S THE THOSE ARE MY ANSWERS TO THOSE QUESTIONS. WAS THERE ANY FURTHER, UM, THINGS COUNCIL THAT YOU WANTED OUT OF THIS? THIS TOURS REIMBURSEMENT CAPTIVE ACTUAL VALUE OF CONSTRUCTION PLUS FINANCING. SO IN THOSE 25 YEARS, IF THERE CONSTRUCTION COSTS GET PAID OFF . THEN IT STOPS CORRECT. WE'RE GONNA KEEP IT RUNNING TOTAL OF CONSTRUCTION WITH FINANCING COSTS. THERE'S REPORTING METHODOLOGY, THEORETICALLY, IF THEY BECAUSE THE TOUR IS INCENTIVIZES THEM TO PUT IN SOMETHING OTHER THAN A SHIPPING
[01:10:02]
FACILITY RIGHT TO PUT IN A HIGH END MEDICAL RESEARCH OR SOMETHING THAT HAS A BILLION DOLLARS UNDER ROOF OF TAXABLE. PERSONAL PROPERTY RIGHT COULD PAY OFF THEIR OWN. COSTS AND 10 YEARS. AND THEN THE TOURIST CEASES TO EXIST, AND WE START GETTING ALL OF THE TAXES ON A VERY, VERY EXPENSIVE PIECE OF PROPERTY. THAT'S UH, THAT'S ONE SCENARIO. THEORETICALLY RIGHT TOURS INCENTIVIZES THEM TO NOT PUSH SHIPPING IN THERE. THE TOURS, INCENTIVIZES THEM TO PUT THE MOST EXPENSIVE PIECE OF PROPERTY THAT COULD POSSIBLY YET AS TENANTS YES. YES THAT IS THE STRATEGY. WE'VE LONG BEEN WANTING TO DIVERSIFY OUR OUR DISTRIBUTION CENTERS INTO THINGS THAT ARE MULTIPLE DISCIPLINES. MULTIPLE TYPES OF TENANTS FOR PROTECTION FOR OUR LONG TERM REVENUES, BUT ALSO MAXIMIZE THE TAX YIELD. AND SO THIS STRUCTURE DOES DO THAT AND ALSO ACCELERATES THEIR BUILD OUT. INCENTIVIZE THE ACCELERATION OF THE BUILD OUT SO THAT WE CAN CAPTURE THAT QUICKER AND IT CAN HELP PAY FOR THOSE STRUCTURAL COSTS OF BRINGING THAT WATER UP FROM FORT WORTH, WHICH IS IF WE HAD BUILT ALL THESE TWO ARE INFRASTRUCTURE OURSELVES. AND THEN THEY DRUG THEIR FEET ON ACTUALLY GETTING TENANTS IN THERE. WHERE DO WE GET ANY OF OUR MONEY BACK? ALL RIGHT. THAT'S RIGHT, SO THIS STRUCTURALLY PUTS THE RISK ON THEM AND SENDS THEM TO GET BUSY. AGAINST THE VALUE, WHICH WE THINK IN THE LONG TERM. THIS IS THE MOST BENEFICIAL WAY TO MAXIMIZE THE TAX REVENUE TO THE TOWN. AND CAPTURES 700 SOME ACRES INTO THE TOWN. 107 800 ACRES NOT IN THE TOWN. THEY COULD DO SOME OF THIS WITHOUT US , AND WE GET NO TAXES. YEAH AND FINALLY, TO THE POINT OF COUNTING ON THIS MONEY. WE'VE TRIED TO WORK EVERY DEAL WHERE WE JUST COUNT ON WHAT THAT PROJECT BRINGS, SO WE'RE NOT COUNTING ON ANYTHING BEYOND THAT. SO WE'VE TRIED TO TAKE THIS IN A STEPWISE FASHION SO EACH EACH PROJECT AND THE POTENTIAL RESONANT REVENUE FROM THAT PROJECT COVERS THAT PROJECT. WE DID USE ESTIMATES FROM THE NORTHPORT OUR EXPERIENCE THERE ON THE ON THE LOWER SIDE TO GIVE US AN ESTIMATE OF WHAT THE VALUATIONS ARE HERE, AND THEY'RE VERY POSITIVE FOR US, EVEN AT THE BASE OF DISTRIBUTION MODEL, THE SMALLEST LEVEL OF TAX YIELD PER SQUARE FOOT. BUT OUR HOPE IS THAT THEY'RE GOING TO BRING THE CLIENTS OF THE TYPE THAT THEY'RE BRINGING THROUGHOUT THE ALLIANCE CORRIDOR. AND BRING US SOME OF THOSE SOME OF THOSE GOOD ONES, SO THAT'S THE IDEA. COUNSELOR YOU HAVE THE OPPORTUNITY TO ACT ON THIS. YOU ALSO HAVE THE OPPORTUNITY TO CONTINUE TO DISCUSS IT AND YOU HAVE THE OPPORTUNITY TO TAKE THIS BACK.IF THERE ARE ANY LEGAL QUESTIONS THAT YOU HAVE THAT YOU WANT TO PURSUE FURTHER. UM, I HAVE ONE.
I WANT ONE THING TO ASK. SO ON THE EXHIBIT F THE REIMBURSEMENT REQUEST FOR HIM. WE'VE GOT BROKEN OUT IN THREE SECTIONS HERE B PP REAL PROPERTY IN TERMS OF PUBLIC INFRASTRUCTURE COSTS, SO I MEAN, I GET THE B P P AND THE REAL, BUT I THOUGHT THAT WAS KIND OF ADD UP TO THE TOURS, PUBLIC INFRASTRUCTURE REIMBURSEMENT. HOW DOES THAT WORK? EXACTLY? WE'VE SO ONE OF THE ASHLEY'S COLLEAGUES HELPING WITH US AND THIS IS HIS AREA OF EXPERTISE, AND THIS HELPS IN OUR REPORTING TO THE CONTROLLER. BECAUSE THE STATE WANTS REPORTS ON ON ALL OF THESE, AND SO THIS IS THAT SAME QUESTION. WHAT? WHAT DO WE GO ABOVE AND BEYOND? BECAUSE THIS HELPS US IN OUR REPORTING IN CREATING THAT MATRIX WHEN WE REPORT THIS ON AN ANNUAL BASIS. I THINK ONE OF THE MOST IMPORTANT THINGS IN HERE, UM WHICH I DON'T WE CAN'T SEE OUT THERE IS THE EXHIBIT E. ALL THESE PROJECTS ARE DETAILED. THERE'S NINE WATER PROJECTS LINES, THERE'S 11 SEWER LINE AND SIX ROADWAY OR TO TRAFFIC SIGNALS AND FOUR ROADWAYS AND OTHER SPECIFIC PROJECTS THAT HAVE BEEN VALUED. UM AND THEN THAT THAT PROPORTIONAL SHARE THAT THE TERRORS 50% WAS DESIGNED AROUND THOSE PROJECTS. TO GET THOSE BUILT SO THAT WE WOULDN'T HAVE TO BUILD THEM. SO THIS IS IT WASN'T A NUMBER PICKED OUT OF A HAT. WE BACKED INTO IT BASED ON HOW MUCH MONEY WAS GOING TO COST TO BUILD THESE AND TO FINANCE THEM, AND THAT WAS BASICALLY OUR COSTS, WHICH WE THEN ASK THEM TO ABSORB AS PART OF THE STRUCTURE OF THE AGREEMENT. UM I FEEL LIKE THIS IS THE SAFEST WAY FOR OUR TOWN. WE'VE EXTENDED OURSELVES TO GET OUR FOOTPRINT ACROSS 35. AND WE'VE HAD TWO STRATEGIC GOALS, ONE TO CAPTURE THE SOUTHERN PLAIN AND TO GET IT BUILT OUT TO PAY FOR THE TOWN. AND THIS IS THE FASTEST WAY TO MAXIMIZE THE MOST AMOUNT OF REVENUE WE CAN GET. FRANKLY I DON'T THINK THIS IS ACTUALLY A WIN FOR HILLWOOD IN THAT SENSE, BECAUSE THEY'RE
[01:15:04]
PAYING FOR IT ALL AND THEY'RE RUNNING THE RISK OF ALL THE INFLATION AND THE FINANCING RIGHT NOW. AND THIS INTEREST RATE MARKET. I THINK THAT THIS IS A NECESSITY THAT WE ASKED FOR AND REQUIRED AS PART OF THIS RATHER THAN US BEING ON THE HOOK FOR INFRASTRUCTURE THAT I JUST DON'T WANT TO RISK. WE'VE BUILT ENOUGH INFRASTRUCTURE OUT OF OUR OWN POCKET. I WANT TO. I WANT TO SEE THIS BUILT OUT AND ESPECIALLY WITH THE AMOUNT OF INFRASTRUCTURE IN THIS PARTICULAR PROJECT. I'M JUST CONCERNED ABOUT THE EXTENSION, AND SO I DIDN'T FEEL IT WAS RIGHT FOR US TO BE ON THE HOOK AGAIN PAYING FOR IT. SO THAT'S WHY I THINK THIS MODEL WORKS PRETTY WELL. AND I THINK IT'S A GOOD MODEL BECAUSE IT PUTS ALL THE RISK AND ALL THE INVESTMENT ON THE DEVELOPER. JUST THE WAY THAT I THINK IT SHOULD BE. COUNSELORS. WHAT ELSE DO YOU HAVE ON THIS ONE? I HAD A CHANCE TO GLANCE THROUGH THE UPDATES ON THIS. I READ THROUGH IT PRETTY EXTENSIVELY MYSELF AND I LIKE THE UPDATES TO THE MAPS JUST REFINE THEM A LITTLE BIT. THE ADDITION OF THE DEFINED PROJECT LIST TO MAKE SURE THAT THAT WAS INCLUDED IS THERE AND THEN, OF COURSE, THE LAST EXHIBIT THE REIMBURSEMENT FORUM WAS HELPFUL , WHICH WE DIDN'T HAVE THAT ONE BEFORE. HAVE ANY LEGAL QUESTIONS. WE NEED TO TAKE BACK. OR WE CAN TAKE ACTION.I DON'T KNOW IF WE MENTIONED THIS BEFORE OR NOT, BUT 9.6 MILLION SQUARE FEET, THE MATH THAT I COME UP WITH FROM THE NORTHPORT. UM AT THE AT OUR AT OUR AVERAGE, I USE A $200, A SQUARE FOOT WITH A FULLY OCCUPIED TENANT WITH WITH A MIX OF DISTRIBUTION AND OTHER USES, INCLUDING THAT INCLUDES REAL PROPERTY AND B PP. AND THE COMBINATION OF THOSE TWO PECULIAR ABOUT $1.92 BILLION IN FULL BELT OUT IN TODAY'S DOLLARS . OF COURSE, THAT'S NOT GOING TO BE ANYWHERE HERE FOR THE NEXT 5 TO 10 YEARS AT LEAST. IN TERMS OF ANY SIGNIFICANT MAJORITY, BUT A FEW YEARS OUT THAT WILL START TO COME ONLINE AND PIECES I WOULD EXPECT. AND THEN WE'LL SEE THE TARGET IS UP TO 20 YEARS IN TERMS OF WHEN IT ALL COMES ONLINE SO THAT SIGNIFICANTLY REDUCES THE RECAPTURE AMOUNT IF THEY DON'T BUILD VERY QUICKLY, AND I THINK THAT THAT'S FINE BECAUSE IT WILL COME WHEN IT COMES, BUT IT PAYS FOR ITSELF AS IT GOES. SO THAT'S THAT'S AGAIN.
THE STRUCTURAL WAY IN, WHICH IS A STRUCTURED IS DESIGNED SO THAT WE ARE NOT. WE'RE NOT EXPOSED TO THE INTEREST RATE MARKET INTO THE INFLATIONARY. UM COSTS OF THIS INFRASTRUCTURE, WHICH YOU'VE ALREADY BEEN BIT BY WITH OUR CURRENT PROJECTS. OKAY? ALRIGHT IF YOU HAVE ANY FURTHER
[5.B. VOTE]
DISCUSSION, AND WE CAN OPEN THE FLOOR FOR MOTIONS. ANYBODY WANT TO MAKE A MOTION ON THIS UP OR DOWN? OKAY? I'LL SECOND THAT MOTION BY COUNCILOR BOY WILL SECOND IT MYSELF WILL OPEN THE VOTING AT THIS POINT. ALRIGHT, SIX AND ONE. GOT A BUILDING THE BUILD, YOU CAN GO NOW. ALL RIGHT . THANK YOU. THIS HAS BEEN A GOOD NEGOTIATION, AND I KNOW WE HIT SOME SOME SOME CHALLENGES ALONG THE WAY AND WE ASKED FOR A LOT. I APPRECIATE YOU CONCEDING TO THAT AND LOOKING FORWARD TO HAVING THIS PROPERTY IN THE TOWN AND FOR GETTING STARTED ALL THE LITTLE BITS AND PIECES WE NEED TO ON THIS. THANK YOU. ITEM C TONIGHT WE NEED TO APPOINT ONE MORE MINUTE MEMBER TO THE[5.C. Consider a Resoluon of the Town of Northlake, Texas, appoinng a member to the Comprehensive Land Use Plan Steering Commi?ee]
COMPREHENSIVE LAND USE PLANS STEERING COMMITTEE. WE HAD ONE BOARD THAT WE DID NOT HAVE A RECOMMENDATION FROM AND SO TONIGHT. WE HAVE. WE DO HAVE ONE FROM THAT BOARD. MR CORN. COULD YOU SUMMARIZE THAT YOU'VE GOT IT AND IT'S THOMAS LOT. THE BOARD OF ADJUSTMENTS MET LAST WEEK EARLIER THIS WEEK. EARLIER THIS MONTH SEVEN THE SEVENTH AND THE RECOMMENDED THOMAS LOT FROM THEIR BOARD. AND SO AS YOU'VE DONE WITH ALL THE OTHER APPOINTMENTS, WE HAVE A RESOLUTION SO THAT YOU IF YOU CHOOSE TO APPOINT HIM TO THE COMPREHENSIVE LAND USE PLANS STEERING COMMITTEE. ANYBODY HAVE ANY OBJECTION? UM THAT'S THE IDEA WAS TO GIVE EACH BOARD AN OPPORTUNITY TO HAVE SOMEONE THERE TO REPORT BACK TO THEM FROM EACH BOARD, AND SO THEY[5.C. VOTE]
HAVE THE RECOMMENDATION OF THE OPPOSITION. MR LOT SERVING OKAY? I'LL THROW EMOTION OUT THERE TO APPOINT MR LOT TO THE BOARD TO THE COMMITTEE, RATHER, A SECOND BY COUNCILOR MORE OPEN THE VOTING, PLEASE. ALRIGHT APPROVED SIX AND ONE ABSENCE. LAST ACTION ITEM FOR THIS EVENING. ITEM D IS[5.D. Consider a Resoluon of the Town of Northlake, Texas, approving and authorizing the Town Manager to execute an agreement/contract with Retail Street Advisors, for a market study to develop a mixedusemaster plan for the Chadwick Farms commercial frontage referred to as Chadwick Commons, in an amount not to exceed $75,000; and approving the Northlake Community Development Corporaon Board of Directors and Northlake Economic Development Corporaon Board of Directors recommendaon to fund 50% of the cost ($18,750 from each board respecvely)]
[01:20:09]
A RESOLUTION TO EXECUTE AN AGREEMENT WITH RETAIL STREET ADVISORS FOR MARKET STUDY TO DEVELOP A MIXED USE MASTER PLAN FOR THE CHAT CHAT WITH FARMS. COMMERCIAL FRONTAGE AMOUNT NOT TO EXCEED 75,000. MY UNDERSTANDING IS THAT THIS IS A SPLIT BETWEEN THE, UH JUST THE DEVELOPER AND E D. C C. D. C OKAY, CCBC EACH FUND 25% OR 7 18,050 FROM EACH BOARD AND THEN 50% FROM THE DEVELOPER TO DEVELOP A FULL PLAN FOR THE FRONTAGE AREA SO WE CAN FIGURE OUT WHAT WE CAN WE CAN ATTRACT THERE. CORRECT AND I'LL TALK ABOUT THE NUMBERS AND THE BIG PICTURE. I MIGHT NEED NATHAN'S HELP IF YOU GET INTO WHAT EXACTLY THIS STUDY IS DOING, BUT, UM, YOU KNOW, WE, UM. WE'VE BEEN TALKING ABOUT A SPORTS VENUE. WE'VE BEEN TALKING ABOUT A PLACE FOR THAT. WE'VE BEEN TALKING TO THIS DEVELOPER. THEY HAVE COME TO US, SAYING THEY NEED ADDITIONAL UNITS TO SUPPORT THE RETAIL. THE COUNCIL IS VERY DESIROUS OF RETAIL. THIS IS ONE OF OUR LAST MAJOR CORNERS DOWN HERE. SO IT IS CHADWICK COMMONS . YOU'RE FAMILIAR WITH THE AREA . IT'S NEAR OUR GROUND STORIES, SAYING THAT IT'S BETWEEN CHADWICK PARKWAY AND DYLAN HER WAY UM, IT IS THAT FRONTAGE ROAD THERE. WE NEED ABOUT 15 ACRES FOR POTENTIAL PROPOSED INDOOR SPORTS FACILITY. THEY CLAIM OR THEY CONTEND THAT THEY NEED MULTI FAMILY THERE AGAIN. THE TOWN IS ADAMANT THEY WANT THE RETAIL SO YOU KNOW, AS I TOLD YOU, THE THOUGHT PROCESS IS, LET'S SEE IF WE CAN GET IT ALL IN THERE. AND SO THE DEVELOPER CAME BACK TO THE TOWN. SO CAN WE HAVE A FEASIBILITY STUDY TO LOOK AT WHAT RETAIL DEMAND WOULD BE WHAT THE MULTI FAMILY WOULD BE? HOW DOES THIS ALL WORK TOGETHER AND IT'S MORE OF US. IT'S MORE OF THE FEASIBILITY STATES, BUT IT'S MUCH LIKE THE SPORTS VENUE . FEASIBILITY STUDY IS TO SEE WHAT ALL THESE ALL THESE INPUTS WILL DO. AND AS THE MAYOR MENTIONED HOW WE HAD MET WITH THE D, C AND C D. C AND THEY'VE AGREED TO FUND A QUARTER EACH OR HALF OF IT AND THE DEVELOPER WILL PAY FOR THE OTHER HALF THE TOTAL COST OF 75,000. THIS IS A RECOMMENDATION. IT REQUIRES COUNCIL APPROVAL. IF YOU CHANGE THE AMOUNT YOU CAN, YOU CAN VOTE THIS UP OR DOWN OR EVERY CHANGE AMOUNT WILL NEED TO BRING IT BACK TO E. D. C OR C. D. C. IT'S MY UNDERSTANDING THAT THE BOARDS HAVE BEEN CARRYING FORWARD OUR MESSAGE THAT WE WANT HEAVY COMMERCIAL PRESENCE AT THIS CORNER. AND SO, UM, I SUPPORT THE RECOMMENDATION TO GET A STUDY DONE AND DEMONSTRATE THAT THE COMMERCIALS VIABLE. UM AS WE'VE EXPRESSED BEFORE, DON'T REALLY HAVE ANY INTEREST IN WHAT THE DEVELOPERS PROPOSING. BUT UM , YOU KNOW, I WANT TO SEE THE PROOF THAT THE COMMERCIALS NOT VIABLE, WHICH I DON'T THINK IT ISN'T. I THINK IT IS. SO I WANT TO SEE WHAT VIABILITY WE HAVE FOR WHAT KIND OF COMMERCIAL DOWN THERE, AND I THINK THE STUDY WILL HELP US WITH THAT. SO HE'S SEEN CDC HAVE BEEN PUTTING FORWARD OUR MESSAGE, AND I'M PRETTY GOOD MANNER AS AS WE EXPECT. AND SO I THINK IT'S IMPORTANT TO TIE THIS INTO THIS SPORTS FACILITY PROJECT. TO KNOW WHAT COULD COME NEXT TO IT, AND WHAT TYPES OF THINGS CAN COME NEXT TO IT. AND WHAT WHAT WE NEED TO ACTUALLY MAXIMIZE THE REVENUE YIELD. FROM THE ENTIRE CORNER. THIS IS YOU KNOW THAT PROJECTS ARE PRETTY PRETTY BIG.TENANTS, AND SO WE NEED TO FIGURE OUT WHAT CAN BE COMPLEMENTARY TO IT TO MAKE SURE WE'VE GOT EVERYTHING THAT WE NEED TO MAXIMIZE THE TAX YIELD TO THE TOWN AND THE SERVICES THAT WE WANT IN THAT AREA, SO I LIKE THE STUDY. I LIKE THE EC CDC COVERING IT. I LIKE THE DEVELOPER PUTTING IN, YOU KNOW A GOOD CHUNK OF IT. AND SO I'M FINE WITH IT IF WE WERE COVERING THE BILL FROM THE GENERAL FUND AND HAVE A DIFFERENT OPINION ON IT. BUT THE SEA AND THE SENIOR DOING A GOOD JOB AT ALLOCATING THEIR FUNDS. SO THAT'S THAT'S MY TWO CENTS ON IT. COUNSELOR DO YOU HAVE ANY THOUGHTS ON THIS? I GOT ONE. THE SPORTS VENUE IS GOING TO BE ON THE BALLOT IN MAY. WHY DO WE WANT TO SPEND 75,000 NOW FOR SOMETHING THAT MAY OR MAY NOT. GETTING VOTED FOR OR GET APPROVED BY THE VOTERS. IS THERE A RUSH? I MEAN A LOT OF THIS STUFF. I AND FROM INTERPRETING WHAT YOU'RE SAYING. WOULD COMPLEMENT THE SPORTS VENUE SO THE SPORTS VENUE WOULD BE LIKELY BE THE DRIVER THAT WOULD BRING IN CERTAIN COMMERCIAL SO WE DON'T KNOW YET IF THE SPORTS VENUE IS GOING TO HAPPEN, BECAUSE THE VOTERS HAVEN'T CASTOR BALLOTS YET.
THAT'S NOT UNTIL MAY. SO WHY DO WE WANT TO SPEND 75,000 NOW OR IN OUR CASE, 37 5. I THINK YOU
[01:25:10]
HAVE A VERY FAIR POINT THERE. AT THE SAME TIME, THIS DEVELOPER HAS BEEN STRUGGLING WITH THIS LAND FOR OVER 20 YEARS. AND TELLING US THE ONLY THING WE CAN BUILD HERE IS APARTMENTS AND I THINK THE COUNCIL PASSED COUNCILS THIS COUNCIL AND PROBABLY FUTURE COUNCILS WILL BE VERY MOTIVATED TO GET COMMERCIAL BUSINESS DOWN ON THAT CORNER, AND I THINK THIS STUDY WILL HELP. PUSH. THE DEVELOPER. TO BACK OFF OF THE APARTMENTS SONG THAT THEY'RE SINGING ALL THE TIME AND GET INTO A BETTER COMMERCIAL DEVELOPMENT. GIVE SOME NEW IDEAS THAT CORNER BECAUSE THEY UNBELIEVABLE MOVE FOR OVER 20 YEARS. TO BRING US SOMETHING GOOD, SO I THINK YOUR POINT IS VERY VALID. AND I THINK THIS WILL EVEN IN THE SPORTS VENUE DOESN'T HAPPEN. IT WILL PUSH NEW IDEAS IN THAT AREA. AND POSSIBLY THE INTEREST OF A LOT OF THEM. DO BUSINESSES COMING IN FAIR POINT? YEAH I'M I WAS WORRIED ABOUT THE TIME TO EVEN THIS TERM, SAYS 10 TO 12 WEEKS.IS IT REALLY GOING TO TAKE THEM? MORE THAN TWO MONTHS TO COME BACK WITH THIS STUDY. AND WE'LL OBVIOUSLY ALREADY I HAVE. THAT THING ON THE BALLOT AND YEAH, THAT'S IS THIS GONNA SLOW US DOWN, OR IS THERE ANY WAY FOR IT? WE'RE GONNA NEED THIS, REGARDLESS, SO DO IT AS FAST AS HUMANLY THE SPORTS VENUES. JUST A COMPONENT OF THIS. THE MAIN FOCUS IS RETAIL AND MULTI FAMILY AND THAT MIX UM WE'RE JUST TRYING TO KEEP ALL THE DIFFERENT STRANDS MOVING TOGETHER SO THAT WHEN YOU'RE READY IF THE VOTERS SAY ONE THING. WE'RE READY TO GO . IF THEY DON'T WE WILL STILL HAVE THIS STUDY. WE'VE DONE THE FEASIBILITY STUDY ON THE SPORTS FACILITIES SO THEY WILL HAVE THAT THEY DON'T THEY DON'T NEED TO DO THAT. RESEARCH IS REALLY NOT NECESSARILY ENTIRELY ABOUT THE SPORTS FACILITY AND MORE ABOUT COMPONENT. HOW CAN WE CONVINCE THAT DEVELOPER THAT HIS ORIGINAL PLAN ISN'T SOMETHING THAT'S GOING TO WORK? OBVIOUSLY, LIKE, LIKE YOU SAID. 20 YEARS AND HE HASN'T MANAGED TO DEVELOP IT. SO THIS MAY BE THE THING THAT GETS THE BALL ROLLING.
PEDRO WILL YOU BE ASKING HIM TO COME OUT FOR HER? OFFERED YOU COME OUT WITH TWO INDIVIDUALS.
POSSIBILITIES ONE THAT DOES CONSIDER THE 30 YEARS SPORTS THEN YOU AND THEN THE OTHER. IF NOT SPACE THAT'S THERE. YEAH, WE CAN. WE CAN ASK THEM. YEAH. COME UP WITH TWO SCENARIOS. AND WE'LL SEE. SEE WHAT THEY SAY TO THAT. DO WE KNOW IF WE GO INTO THAT LEVEL OF DEPTH? THEY'RE GOING TO EVALUATE THE WHOLE MARKET, SO IT WILL IT WILL TAKE INTO ACCOUNT THINGS OUTSIDE OF THIS SITE, BUT IT WILL DEFINITELY LOOK AT WHAT'S THE POSSIBILITIES WITH THE SPORTS FACILITY THERE, BUT WILL ALSO WORK WITH THEM TO LET THEM KNOW. YOU KNOW IF THAT DOESN'T COME ALSO NEED TO CO THAT AS WELL. BUT BUT WE'VE GOT KIND OF SIMILAR TYPE USES IN THE MARKET ALREADY KIND OF DESTINATION ORIENTED TYPE USES WITH THE SPEEDWAY IN THE OUTLET MALL AND. AND HOTEL AND CONFERENCE CENTER TO THAT KIND OF SIMILAR TYPE USES THAT THEY'LL BE THEY'LL BE LOOKING AT AND CONSIDERING IN THE MARKET. I WOULD ASSUME, LIKE CROSS FEASIBILITY STAYS THAT THEY'RE PROBABLY GONNA BE SHOOTING AT THE LOW END. NOT FOR THE STARS HERE AS WELL. SO THEY'RE GOING TO BE LOOKING AT THE YOU KNOW, KIND OF WORST CASE SCENARIO. WHAT WOULD DEVELOPMENT HERE? BRING UM. EVERY STUDY I'VE SEEN SINCE I'VE BEEN HERE HAS BEEN ON THAT LOW, LOW BALL SIDE, RIGHT? SO THEY TAKE CONSERVATIVE? YEAH. IN MY VIEW, THIS ISN'T REALLY GOING TO BUILD OUT UNTIL 1 14 GETS BUILT. AND SO NOW WE'RE IN WITHIN THE TWO YEAR WINDOW BECAUSE I COULD PROJECT ITS LET IN APRIL. I THINK IT IS, UM SO WHEN THAT STARTS PAVING, THERE'S GOING TO BE A VERY CONCRETE.
TIMELINE. YOU LIKE THAT, OKAY? RIGHT FOR WHEN THIS AREA IS GOING TO HAVE MUCH BETTER TRAFFIC FLOW, AND SO THAT'S THE TIME WHEN THIS IS GOING TO BE IN DEMAND, I THINK AND SO THAT WINDOW IS WHEN WE NEED TO START PLANNING PROJECTS AND GETTING SOMETHING GOING, SO I DON'T THINK THE TIMING. UM IT CERTAINLY COULD BE DONE LATER IN THE YEAR. UM JUST A MATTER OF HOW SOON WE WANTED. WE WANT TO DRIVE THE BUILD OUT. REGARDLESS OF WHAT COMPONENTS IT HAS UM I WANT TO GET PAST THIS. THIS UM YOU KNOW, IT'S MULTI FAMILY FOCUS AND GET ONTO SOME RETAIL DEVELOPMENT. BECAUSE THAT'S WHAT WE'RE LOOKING FOR, REGARDLESS OF WHAT ELSE COMES DOWN THERE, AND
[01:30:02]
SO I THINK IT'S TIMELY TO GET A CONCRETE ANSWER TO THAT. AND SO I'M I'M GOOD WITH THIS. NOW THE TEND TO GO WITH THEIR RECOMMENDATION. THEY'VE LOOKED AT THIS AND DECIDED THAT THIS IS WHERE THEY WANT TO INVEST THEIR MONEY TO DRIVE RETAIL. SO THAT'S THAT'S MY TAKE. WELL THAT'S WHY RESIDENTS KEEP ASKING FOR ON EVERY SOCIAL MEDIA GROUP ON EVERY PLACE IS THE RETAIL. MAN GOLD. THIS COUNCIL IN PAST COUNCIL HAS BEEN KEEP THE NORTHERN MORE RURAL IN THE SOUTHERN MORE COMMERCIAL. SO WHAT BETTER PLACE TO PUT AND LOOK TO GAIN MORE COMMERCIAL.[5.D. VOTE]
I HAVE A MOTION BY THE MAYOR PRO TEM MONTINI, OVER SECOND BY COUNCILOR BOYER. CAN OPEN THE VOTING. ALL RIGHT. WE HAVE A SIX AND ONE VERY GOOD. ALRIGHT AT THIS TIME.[6. EXECUTIVE SESSION]
WE HAVE NO MORE PUBLIC ACTION ITEMS TO TAKE THIS EVENING, SO WE RETIRE TO EXECUTIVE SESSION.PURSUANT TO SECTIONS 551071072 AND 087 TO DISCUSS THE ITEMS ON THE AGENDA. DO WE HAVE ANYTHING EXPECTING TO COME OUT OF? NO, SIR. TONIGHT, ALL RIGHT. WE DON'T HAVE ANYTHING. WE INTEND TO COME OUT WITH TONIGHT. SO WE DON'T SEE YOU WHEN WE RETURN.
[7. RECONVENE INTO OPEN SESSION]
IT IS 7:50 P.M. WE RETURNED FROM EXECUTIVE SESSION WITH NOTHING TO ACT. ON THIS EVENING. WE STAND ADJOUR* This transcript was compiled from uncorrected Closed Captioning.