[A. Meeting Opening] [00:00:06] >> NEXT. WE'RE GOING TO CALL TO ORDER THE ECONOMIC DEVELOPMENT CORPORATION BOARD TO THE CITY OF SACHSE TO HOLD A REGULAR MEETING ON THURSDAY, JUNE 20TH. IT IS 6:05 PM. TO CONSIDER THE FOLLOWING ITEMS. IF YOU'LL FIRST START STAND AND JOIN ME WITH AN INVOCATION OF PLEDGE ALLEGIANCE, AND I'LL LEAD THIS. JOIN ME IN PRAYER. >> OUR, DEAR FATHER AND HERE, WE ARE GRATEFUL FOR THIS EVENING THAT WE HAVE TO MEET TOGETHER AS AN ECONOMIC DEVELOPMENT CORPORATION BOARD, AND WE'RE GRATEFUL FOR THE OPPORTUNITY TO SERVE. PLEASE BLESS US AS WE SEEK TO FIND WAYS TO HELP AND GUIDE OUR CITY THAT WE CAN BE ENLIGHTENED AND BE MINDFUL OF THE NEEDS OF OUR CITY AND OUR CITIZENS. PLEASE BLESS OUR FIRST RESPONDERS AND WATCH OVER THEM AS THEY PROTECT US AND PLEASE BLESS THOSE THAT WORK FOR THE CITY AND LIVE IN THE CITY THAT WE CAN BE BLESSED WITH AN ABUNDANCE AND THAT WE CAN LOOK OUT FOR OTHERS AND BE HELPFUL AND SERVE THOSE AROUND US. WE'RE INDEED GRATEFUL FOR THAT GUIDING HAND AND PLEASE BLESS US IN ALL WE DO, WE SAY THIS IN THE NAME OF JESUS CHRIST. AMEN. >> COULD YOU JOIN ME THE PLEDGE OF ALLEGIANCE. >> >> >> THANK YOU ALL VERY MUCH. WE'LL NOW MOVE TO SECTION B1 PUBLIC COMMENT. THE PUBLIC IS INVITED TO ADDRESS THE BOARD REGARDING ANY TOPIC NOT ALREADY ON THE AGENDA. THE TIME LIMIT IS THREE MINUTES PER SPEAKER. A PUBLIC COMMENT CARD SHOULD BE PRESENTED TO THE ACTING SECRETARY PRIOR TO THE MEETING. ACCORDING TO THE TEXAS OPEN MEETINGS ACT, THE BOARD IS PROHIBITED FROM DISCUSSING ANY ITEM NOT POSTED ON THE AGENDA, BUT WILL TAKE COMMENTS UNDER ADVISEMENT. MISS LEWIS, DO WE HAVE ANY COMMENTS? THEN WE WILL CLOSE THE PUBLIC COMMENT AND MOVE TO SECTION C, [C. Consent Agenda - All items listed on the consent agenda will be considered by the Board and will be enacted on by one motion. There will be no separate discussion of these items unless a Board member so requests.] THE CONSENT AGENDA. WELCOME, JIM. >> NO PROBLEM. >> NO PROBLEM. ON THE CONSENT AGENDA, ALL ITEMS LISTED ON THE CONSENT AGENDA WILL BE CONSIDERED BY THE BOARD AND WILL BE ENACTED ON BY ONE MOTION. THERE WILL BE NO SEPARATE DISCUSSIONS OF THESE ITEMS UNLESS A BOARD MEMBER SO REQUESTS. ITEM 1, APPROVED THE MAY 23RD, 2024 MEETING MINUTES. ITEM 2, ACCEPT THE MONTHLY REVENUE AND EXPENDITURE REPORT FOR THE PERIOD ENDING APRIL 30TH, 2024. NUMBER 3, ACCEPT THE QUARTERLY INVESTOR REPORT FOR THE QUARTER ENDING MARCH 31, 2024. ANY COMMENTS, QUESTIONS, DISCUSSION. >> I'LL ENTERTAIN A MOTION. >> I MOTION TO APPROVE THE CONSENT AGENDA AS IS. >> I HAVE A MOTION TO APPROVE BY MISS NWANZE. DO I HAVE A SECOND? >> I'LL SECOND. >> I HAVE A SECOND FROM JIM. ANY OTHER QUESTIONS? SAY AGAIN. >> [INAUDIBLE] >> WE'LL WAIT FOR A MINUTE. THAT'S FINE. [LAUGHTER]. [BACKGROUND]. WE ARE YOU GOING TO LET JIM GET IN AS WELL. [NOISE] THAT WAY BECAUSE IF WE'RE GOING TO WE'RE GOING TO VOTE, WE GOT A MOTION THINGS, SO THAT WAY WE CAN HAVE THAT ON RECORD. >> YOU COULD ALSO DO A MANUAL VOTE IF YOU WANT TO. >> YEAH. >> HE'S GOT IT THERE. >> WE NEVER GET TO USE THE TECHNOLOGY. >> [LAUGHTER] WE'RE GOING TO USE IT. IT'S GOING TO WORK. NOW, WE'RE TOTALLY GOOD. [00:05:30] >> WE GOT A NAME? >> YES. >> WE DO HAVE A MOTION IN A SECOND TO APPROVE THE CONSENT AGENDA AS PRESENTED. >> THERE WE GO. >> THAT MOTION PASSES UNANIMOUSLY 7:0. THANK YOU VERY MUCH. MOVE TO ITEM D1, REGULAR AGENDA ITEMS. [1. Receive any reports and presentations by the Sachse Economic Development Corporation President, Board Members, Executive Director, and staff regarding items of community interest; special events; announcements and activities; office, industrial, commercial, or retail business retention; and marketing projects.] RECEIVE ANY REPORTS AND PRESENTATIONS BY THE SACHSE ECONOMIC DEVELOPMENT CORPORATION PRESIDENT, BOARD MEMBERS, EXECUTIVE DIRECTOR, AND STAFF REGARDING ITEMS OF COMMUNITY INTEREST, SPECIAL EVENTS, ANNOUNCEMENTS, AND ACTIVITIES, OFFICE INDUSTRIAL COMMERCIAL OR RETAIL BUSINESS RETENTION, AND MARKETING PROJECTS. MR. POTTS, I WILL TURN THE TIME OVER TO YOU. >> THANK YOU, MR. PRESIDENT. IT'S GOOD TO SEE EVERYBODY THIS EVENING. I HAVE A QUICK UPDATE FROM A STAFF REPORT STANDPOINT. NO EDC BOARD MEETING IN JULY, THERE WILL BE A RECESS. ALL BOARD MEETINGS WILL BE CANCELED DURING THE MONTH OF JULY. AS A NOTE, JUST A COUPLE OF UPCOMING SACHSE FARMERS MARKET DATES, MOST NOTABLY THE JULY 13TH DATE THAT'S GOING TO BE COMING UP NEXT MONTH, WE'LL SEND OUT AN ALERT JUST TO PROMOTE THAT EVENT AS WE GET CLOSER. SOME OF YOU MIGHT HAVE SEEN A PRESS RELEASE THAT WENT OUT FOR THE FIFTH STREET DISTRICT ANNOUNCING THE NEGOTIATIONS WITH THE MASTER DEVELOPER THAT'S BEEN PICKED UP, AND IF YOU SAW WFAA AS WELL AS THE DALLAS BUSINESS JOURNAL HAVE REPORTED ON THAT. AND SO WE'RE EXCITED TO BEGIN THOSE NEGOTIATIONS. MORE TO COME. BUT IF YOU HADN'T SEEN THAT, YOU'RE CERTAINLY BE HAPPY TO PASS THAT LINK ALONG TO THE ARTICLE. THEN AFTER MANY MONTHS OF HARD WORK, MOSTLY FROM DENISE. THE ECONOMIC DEVELOPMENT VIDEO IS FINALIZED. WE HAVE CHECKED THE BOX ON THAT PARTICULAR ELEMENT OF THIS PROJECT, AND OUR TEAM, THE CONSULTANT THAT PUT THE VIDEO TOGETHER IS NOW GOING TO BE FOCUSING ON PUTTING TOGETHER SOCIAL MEDIA CLIPS AND REELS, THE SHORTER CLIPS HIGHLIGHTING THE SPECIFIC ITEMS. YOU'LL SEE IN THE VIDEO, SUCH AS QUALITY OF LIFE AND AVAILABLE SITES AND THINGS LIKE THAT. BUT WHILE WE HAD EVERYBODY, WE THOUGHT WE WOULD SHOW THE VIDEO. DENISE, IF YOU'D LIKE TO PULL THAT UP. [00:11:07] >> [APPLAUSE] NICE WORK. >> THAT'S BEEN A PROJECT THAT WAS, AGAIN, DENISE DID THE WORK, AND IT WAS DELAYED BECAUSE WE HAD THE SALE OF THE HOSPITAL. WE HAD GOTTEN A BUNCH OF DRONE FOOTAGE, PEEK BEHIND THE CURTAIN IF YOU WANT IT. BUT WE'D GOTTEN A BUNCH OF DRONE FOOTAGE, AND THEN THE HOSPITAL SOLD, AND SO THEY HAD THEIR SIGNS TAKEN DOWN AND THEN MEDICAL CITY SACHSE HAD SIGNS PUT UP, AND SO WE HAD TO GET NEW FOOTAGE. >> IT'S BEEN KNOCKED DOWN AGAIN. >> WE GO WE GOT THE SIGNS [LAUGHTER] BEFORE THAT HAPPENED. WE GOT THE FOOTAGE. WE'RE DELIGHTED TO HAVE THAT WRAPPED UP. AGAIN, WE'LL USE IT AT TRADE SHOWS, AND REALLY THE SOCIAL MEDIA CLIPS AND THINGS WILL BE REALLY HELPFUL FOR US TO KIND OF PUT OUT THERE AND LINKEDIN AND INSTAGRAM, FACEBOOK, AND SO FORTH. GLAD TO HAVE THAT WRAPPED UP. VERY NARE. WELCOME. >> THE FARMERS MARKET WAS GOOD LAST TIME, TOO, HAVE MORE PEOPLE OUT AND MORE VENDORS. >> TWENTY-EIGHT VENDORS LAST TIME. >> IT'S SOMEWHERE. >> I'M ASSUMING THE COMPANY'S HAPPY WITH WHAT'S GOING ON. >> WE'RE A HOT COMMODITY RIGHT NOW. THEY'RE REALLY PLEASED, AGAIN, AT THE FIRST MARKET, THE FARMER SOLD OUT OF PRODUCE. THEN THE BISCUIT LADY COLLOQUIALLY, WE REFERRED TO HER. RESIDENT OF SACHSE, SHE SOLD OUT AND BASICALLY, I THINK SHE BAKED FIVE DOZEN BISCUITS, THE FIRST MARKET. THEN THE SECOND MARKET, SHE BAKED 16 DOZEN AND STILL SOLD OUT IN ABOUT THE SAME MARKET. >> LET ME TELL YOU I GOT SOME OF THAT PASTA. THEY HAD A BARBECUE RAVIOLI, BRISKET RAVIOLI FROM THE FRESH PASTA. IT WAS REALLY GOOD. >> [OVERLAPPING] WE BOUGHT DIFFERENT THINGS, BUT DID THE PASTA ARE FAIR. THAT'S GOOD ENOUGH. >> I'M GLAD IT'S GOING WELL. >> YOU HAPPY WITH IT, CONTINUE AND HOPE TO SEE EVERYBODY THERE IN JULY. >> IT'S GREAT. >> EXCELLENT. ANY OTHER ITEMS FROM BOARD MEMBERS? LET'S MOVE ON TO THE FUND PART D2. [2. Consider approving the Sachse Economic Development Corporation FY 2024-2025 Budget.] CONSIDER APPROVING THE SACHSE ECONOMIC DEVELOPMENT CORPORATION FISCAL YEAR 2024/2025 BUDGET. I GUESS, CONSIDER APPROVING, THIS IS NOT NECESSARY APPROVAL ITEM THIS MONTH. THIS WILL BE AN AUGUST ITEM. THIS MONTH IS MORE DISCUSSION BECAUSE THERE MAY STILL BE A FEW NUMBERS THAT HAVE TO BE TWEAKED. I THINK THE WORDING MAY BE A LITTLE BIT MISLEADING ON THAT, BUT WE'LL GO THROUGH THE DISCUSSION. I KNOW, JERRY, YOU'VE GOT A PRESENTATION FOR US. I KNOW THE NUMBER OF QUESTIONS. THERE IS A COMMENT CARD HERE, BUT I'LL WAIT FOR A LITTLE BIT LATER TO LET JERRY GO THROUGH SOME OF THE PRESENTATION IF THAT'S OKAY. IS THAT OKAY WITH YOU, MR. HOBOK? >> THAT WOULD BE HELPFUL. >> GREAT. JERRY TURN TIME FOR YOU. >> GREAT. >> GO THROUGH IT. >> THE PACKET THAT WENT OUT FOR THIS MEETING INCLUDED THE BUDGET WORKSHEET. THE NUMBERS ARE WHAT THEY ARE. YOU'VE ALL SEEN THEM BY VIRTUE OF THE PACKET. WHAT WE'RE GOING TO DO IS DIVE IN A LITTLE BIT DEEPER. FIRST, THOUGH, WE'LL START JUST RECAP THE OUTLINE AND GET TALK A BIT MORE REVENUES AND EXPENDITURES NEXT STEPS. AGAIN, WE'LL GET INTO SOME OF THESE SPECIFIC ACCOUNT CODES. BUT YOU KNOW, FROM THE LAST MEETING, WE GAVE A VERY HIGH LEVEL OVERVIEW OF THE BUDGET PROCESS. WE CHATTED WITH YOU ALL, GOT SOME INITIAL BOARD INPUT. TALKED ABOUT PRIORITIES AND THEN PROVIDED A DRAFT CALENDAR, AND THEN, OF COURSE, NO ACTION TAKEN. TONIGHT, WE'LL SORT OF MIRROR SIMILAR BUDGET PRESENTATIONS THAT WE'VE HAD IN THE PAST. THERE'S A LOT OF THINGS IN THE BUDGET, OFFICE SUPPLIES AND POSTAGE AND PRINTING THAT ARE VERY [00:15:03] SIMILAR TO HOW IT'S BEEN FROM A COST STANDPOINT FROM PREVIOUS YEARS TO WHAT WE'RE REQUESTING IN THIS BUDGET. I DON'T HAVE DEDICATED SLIDES FOR THOSE ITEMS. BUT AGAIN, THE PACKET WENT OUT, INCLUDED THE BUDGET WORKSHEET. IF THERE'S ANY SPECIFIC QUESTIONS FOR ANY ACCOUNT, WE CAN CERTAINLY DIG IN, BUT I FOCUSED A BIT MORE ON THE HIGH LEVEL ITEMS, AND I HAVE SOME HIGHLIGHTS. >> IT'S ALWAYS STARTING REVENUES AND EXPENDITURES. YOU CAN SEE RELATIVE TO THIS FISCAL YEAR, WHERE WE'RE PROJECTING 1.785 MILLION IN REVENUES IN THE LITTLE BOX UNDERNEATH THIS TABLE, IT SHOWS AND EXPLAINS FURTHER WHAT REVENUES MEANS. YOU HAVE THE SALES TAX THAT IS BEING PROJECTED, AGAIN, A NUMBER THAT COMES FROM OUR FINANCE TEAM, 1.5 MILLION DOLLAR IN FY 25, THE GISD GRANT, AGAIN, THE $10,000 GRANT WE GET THROUGH THEM THROUGH A MEMORANDUM OF UNDERSTANDING, AND THEN INTEREST INCOME, WHICH IS $260,000 THAT THEY ARE PROJECTING FOR NEXT YEAR. YOU CAN SEE WHERE WE'RE AT, RELATIVE TO AS OF THE JUNE 17TH OF THIS MONTH, FROM A REVENUE AND EXPENDITURE STANDPOINT RELATIVE TO OUR REVENUE LESS EXPENDITURES, WHERE WE'RE AT, SO $536,000. BASICALLY IN SURPLUS, ESSENTIALLY FROM WHAT WE WHAT WE BUDGETED, AND THEN YOU CAN SEE EXPENDITURES AND EVERYTHING THAT INCLUDES WAGES, SALARIES, PERSONNEL. THEN THE REVENUE LESS EXPENDITURES, GIVEN ALL OF THE VARIOUS ITEMS WE'VE GOT BUILT INTO OUR ACCOUNT, WE STILL SHOW A SURPLUS OF 592,000 BASED ON OUR PROJECTIONS AND THE NUMBERS CURRENTLY IN THE BUDGET. JUST TO NOTE, THE BALANCE SHEET, AGAIN, WAS IN THE PACKET YOU'VE ALL SEEN, BUT WHENEVER WE'RE CONTEMPLATING OUR FUND BALANCE, IT'S HELPFUL TO UNDERSTAND WHAT THAT NUMBER IS, WHAT WE'RE DEALING WITH. AS OF THE MAY BALANCE SHEET, WHICH WAS A PROJECTION, SO I THINK WE GET THAT IN APRIL AND EXTRAPOLATE OUT A LITTLE BIT. BUT SHOWS ABOUT A 5.9 MILLION DOLLAR FUND BALANCE. MOVING FORWARD. THAT'S HAVING YOUR HIP POCKET WHENEVER WE'RE CONTEMPLATING, WHAT WE'VE GOT TO PLAY WITH. THEN JUST AS A NOTE, AGAIN, I SAY THIS AD NAUSEUM, BUT THE ECONOMIC DEVELOPMENT CORPORATION FUND IS A LITTLE BIT DIFFERENT THAN OTHERS IN THAT IF THE MONEY ISN'T UTILIZED, IT ROLLS RIGHT BACK INTO THE FUND BALANCE. IF YOU ARE THE PLANNING AND DEVELOPMENT SERVICES DEPARTMENT, FOR EXAMPLE, YOU BUDGET A CERTAIN DOLLAR AMOUNT. IF YOU DON'T SPEND THAT, MONEY DOESN'T GO BACK TO PLAN DEVELOPMENT SERVICES, IT GOES BACK INTO THE GENERAL FUND. BUT IN THIS CASE, EDC IT ROLLS RIGHT BACK INTO OUR FUND BALANCE. A COUPLE OF HIGHLIGHTS, AND PLEASE, AT ANY TIME, STOP ME, BUT I'LL ROLL THROUGH SOME OF THESE. BUT AGAIN, FIFTH STREET DISTRICT, QUICK, I'LL NOTE THAT THIS CHART TRACKS SOME OF THE KEY ITEMS, SOME OF THE KEY ACCOUNTS, AND INDICATES YOU CAN SEE THE THIRD COLUMN OR FOURTH COLUMN RATHER IS A TREND AS TO WHETHER OR NOT THAT IS LESS OR GREATER THAN THE PREVIOUS FISCAL YEAR. THEN WHAT THAT DELTA IS IS THE FURTHEST COLUMN IN THE GRID. RELATIVE TO THE FIFTH STREET DISTRICT, AND WE'LL GET INTO WHAT IS INCLUDED HERE, BUT YOU CAN SEE WHAT IS PROPOSED, ABOUT $5,000 MORE PROPOSED FOR THE FIFTH STREET DISTRICT. AGAIN, I GOT A SLIDE THAT'LL WALK THROUGH WHAT THAT IS AND WHAT'S INCLUDED THERE. PERSONNEL COSTS, AS THE CITY MANAGER INDICATED IN THE LAST MEETING DUE TO THE CLASSIFICATION OF MY POSITION, THE PERSONNEL COSTS, AND THAT'S THE FULL COMPENSATION PACKAGE. IT'S EVERYTHING FROM INSURANCE AND RETIREMENT, EVERYTHING IS INCLUDED IN THAT NUMBER. THAT'S THAT INCREASE THERE. DUES AND SUBSCRIPTIONS. [OVERLAPPING] >> WHAT WAS THE EXPLANATION ON THAT ONE? JUST IN THE REGULAR WAGES AND SALARIES LINE, THERE'S AN INCREASE OF $40,000. WHAT IS THAT EXACTLY? >> MY POSITION IS SUBJECT TO BUDGET BUDGET APPROVAL, AND I KNOW YOU WEREN'T HERE AT THE LAST MEETING, SO I'M GOING TO BE RECLASSIFIED AS DIRECTOR OF ECONOMIC DEVELOPMENT. >> GOT YOU. >> WITH THAT INCLUDES ADDITIONAL SALARY AND THEN THE SUBSEQUENT. [OVERLAPPING] [00:20:03] >> OKAY. >> INSURANCE PREMIUMS AND ALL THAT. DUES AND SUBSCRIPTIONS, THIS NUMBER, AGAIN, DOWN A LITTLE BIT, SOFTWARE DOWN A LITTLE BIT. AS WE'VE MENTIONED, WE'RE GOING TO BE PROPOSING TO ELIMINATE ONE OF THE SYSTEMS THAT WE'VE SUBSCRIBED TO, FOR A NUMBER OF YEARS, THE IMPACT DATA SOURCE. WE DON'T FEEL THAT WE NEED IT. WE'RE NOT USING IT ENOUGH TO JUSTIFY THAT EXPENSE. COMMUNITY RELATIONS, [OVERLAPPING] >> WE'RE NOT GETTING READY TO PLACE BY AI? YOU HAVE MENTIONED THAT WE'RE KEEPING THAT. >> YEAH, WE'LL KEEP THAT. YES, SIR. >> THAT WAS ONE OF MY QUESTIONS. THAT'S OKAY. >> IT'S A GREAT POINT. ONE OF THE THINGS TOO IS RELATIVE TO OUR NEW BUSINESSES COMING ONLINE AND NEW RETAIL OPPORTUNITIES, SPECIFICALLY. THAT'S WHERE PLACERS. >> YES. >> IS BEST SUITED. WE'LL KEEP THAT IN THE BUDGET NEXT FISCAL. COMMUNITY RELATIONS, REALLY, THIS $6,000 INCREASE IS JUST TO REFLECT THE FIREWORKS. THE EDC HAS HISTORICALLY SPONSORED THE FIREWORKS. THIS ADDITIONAL COST IS TO REFLECT BETTER THE PRICE ASSOCIATED WITH THAT EVENT. LEGAL AND CONSULTING FEE. >> STOP I'M GOING TO GRAB YOU WHILE YOU GO ALONG ON THAT. BECAUSE RIGHT NOW WHEN YOU LOOK AT WHAT WE'VE USED FOR COMMUNITY RELATIONS THUS FAR, WE'VE ONLY USED A THIRD OF IT. THUS FAR. [OVERLAPPING] >> THAT BECAUSE WE HAVE BOUGHT THE FIREWORKS. >> BECAUSE WE HAVEN'T PAID FOR THAT PIECE OF IT YET. I WANT TO MAKE SURE THAT'S WHAT I'M ASSUMING THAT CORRECTLY. >> THERE'S A COUPLE OF THINGS FOR COMMUNITY RELATIONS, AND LET'S SEE. WHAT ARE CURRENT SPINS. >> CURRENTLY, MOTION ABOUT 16-1. >> THERE'S A COUPLE OF THINGS THERE WITH THAT ONE. WE HAVE THE SPONSORSHIP POLICY, WHICH EVERY YEAR SINCE WE APPROVED IT, WE PUT BASICALLY $20,000 INTO A LINE GIVING FOLKS THE OPPORTUNITY TO APPLY THROUGH THAT SPONSORSHIP POLICY. YOU RECALL THIS YEAR, WE HAD OUR FIRST APPLICATION, WHICH WAS THE CORN HALL TOURNAMENT. THAT ALL BECOMES AN ADMINISTRATIVE PROCESS SUBJECT TO MEETING THE REQUIREMENTS OF THAT APPLICATION. WE'VE ONLY HAD ONE APPLICANT FOR THE SPONSORSHIP POLICY. THERE WERE SOME OTHER EVENTS THAT WE MIGHT HAVE BUDGETED FOR THAT DIDN'T HAPPEN, FOR EXAMPLE, THAT CHAMBER SCAVENGER HUNT ISN'T AN EVENT THAT IS, I BELIEVE GOING TO HAPPEN THIS YEAR. BUT THERE ARE AS YOU ALL MENTIONED, RELATIVE TO 4TH JULY, THAT INVOICE WILL COME AND WE'LL PAY FOR THAT. >> THAT'S PART OF THIS YEAR'S BUDGET. >> YES. >> WELL, THAT MAKES SENSE. WE MAY NOT USE ALL THE BUDGET IN THAT, BUT WE'VE GOT TO BUDGET FOR IT IN CASE THE PEOPLE OF THE SPONSORSHIP REQUESTS TO COME IN AND EXTEND. >> YEAH. WE PLUG IN JUST A 20 GRAND IN CASE. >> HOW MUCH EXACTLY ARE THE FIREWORKS? BECAUSE THIS IS JUST A $6,000 INCREASE, BUT WHAT IS THE TOTAL COST? >> THE FIREWORKS ARE 15,000. >> WHAT DO WE HAVE BUDGETED? >> WELL, SO THIS YEAR, ACTUALLY, WE'VE ONLY GOT LET'S SEE. >> WELL, SO I'LL EXPLAIN IT THIS WAY. WE HAVE THE FULL COMMUNITY RELATIONS LINE ITEM. WHAT WE DO IS WHEN WE'RE PUTTING THE BUDGET TOGETHER, WE TRY TO EXTRAPOLATE WHAT SPECIFIC ITEMS ARE GOING TO COST. HOWEVER, WE HAVE OUR FULL BUDGET AUTHORIZATION, FULL 900 K OR WHATEVER. RIGHT NOW, WE ASSUMED IN THAT LINE FOR RED WHITE AND BLUE BLAST THAT THE FIREWORKS WOULD COST 8,500. >> I GOT THAT. >> BUT THAT AMOUNT HAS GONE UP, THE STATION, P&B HAS HELPED SPONSOR THAT IN THE PAST. I DON'T KNOW. WE DON'T WANT TO JUST ASSUME THAT EVERY YEAR MOVING FORWARD THAT THEY'RE GOING TO CONTINUE DOING THAT. WE JUST THAT COST. >> SO WE'RE MAKING AN ADJUSTMENT TO THE BUDGET, ASSUMING THAT WE'RE NOT GOING TO GET THAT SPONSORSHIP, WE HAVE TO PAY MORE. >> YEAH. >> '25. >> YEAH. OR THAT THEY MIGHT WANT TO CHANGE THEIR COMMITMENT LEVEL AND STRIKE SOME FLEXIBILITY. LOOKING AT OTHER UPCOMING EVENTS. LIKE I SAID, WE ASSUMED SOME FOR THE SCAVENGER HUNT. WE ENDED UP DOING OUR OWN THING, WHICH WE PULLED OUT OF THE BUSINESS RETENTION LINE ITEM BECAUSE IT REALLY WASN'T A COMMUNITY RELATIONS ITEM. IT WAS SOMETHING THAT WE DID TO SPONSOR LOCAL BUSINESSES HERE IN SACHSE, SO. ANYTHING ELSE ON THE COMMUNITY RELATIONS. I'LL HAVE A SLIDE THAT'LL BREAK DOWN WHAT WE'RE ANTICIPATING FOR THE NEXT FISCAL YEAR FROM A SPECIFIC ACCOUNT STANDPOINT. >> THE ONLY THING I WAS THINKING WAS ABOUT [00:25:04] RED WHITE AND BLUE GLASS SPECIFICALLY AND UNDER THE COMMUNITY RELATIONS LINE. I KNOW THAT WE TRADITIONALLY HAVE LIKE BOOTHS THERE AND STUFF AND LOCAL RESTAURANTS AND STUFF THAT PARTICIPATE. BUT ARE THERE ANY OTHER IDEAS THAT WE CAN COME UP WITH, MAYBE NOT FOR THIS YEAR, BUT FOR NEXT YEAR ON WAYS TO CAPTURE, I KNOW A LOT OF PEOPLE FROM THE SURROUNDING CITIES COME IN TO THE EVENT. WHEN THEY'RE DONE OR BEFOREHAND, THEY WANT TO GO OUT TO EAT OR GO SHOPPING OR WHATEVER. IS THERE ADDITIONAL THINGS THAT WE CAN DO TO KEEP THEM HERE OR HAVE THEM VISIT A SACHSE BUSINESS, WHETHER THAT'S DOING SPECIAL PROMOTIONS WITH LOCAL RESTAURANTS AND HANDING OUT FIRES AT RED WHITE AND BLUE, LIKE, HEY TRY US OUT AFTER THE SHOW AND GET A SPECIAL OFFER OR SOMETHING LIKE THAT. JUST GIVEN THE FACT THAT WE'RE PAYING FOR THE FIREWORKS AND ALL THAT, I'D LIKE TO SEE SOME LOCAL ECONOMIC DEVELOPMENT COME AS A RESULT. THAT'S ALL THAT'S MY COMMENT. >> YEAH, I THINK THAT'S A GOOD THOUGHT, CERTAINLY SOMETHING THAT WE CAN CONTEMPLATE, AS YOU KNOW, THERE'S A COUPLE BUSINESSES OVER THERE THAT MAYBE LEND THEMSELVES A BIT MORE TO, LIKE, AFTER THE FIREWORK SHOW. CERTAINLY SOME PROBABLY CLOSED BECAUSE BY THAT TIME IT'S. [OVERLAPPING] >> 9:30. >> SOMETIMES PEOPLE COME BEFORE. >> BUT BEFOREHAND TO YOUR POINT, I THINK. [OVERLAPPING] >> THEY WANTED TO GET THERE EARLY. I KNOW LAST YEAR, A LOT OF PEOPLE PARKED AT THE STATION. I JUST WALKED DOWN. >> CERTAINLY AN EXCELLENT IDEA, JUST RELATIVE TO THAT EVENT, THE FOOD TRUCK VENDORS AND SO FORTH, LIKE THEY'RE PAYING A SALES TAX OUT OF THERE. >> WILL WE HAVE A TENT AT THE EVENT? >> WE WILL BE THERE WITH OUR COMPREHENSIVE PLAN CONSULTANTS, AND WE'RE GOING TO BE GETTING COMMUNITY INPUT ON THE COMP PLAN. THAT'S SOMETHING THAT I WILL BE DOING AND WE'LL HAVE OUR CONSULTANTS WITH US, JUST THE COMMUNITY INPUT THING. WE'LL HAVE A TENT AT THE EVENT. >> I WAS THINKING TO PIGGYBACK ON RICHARD'S IDEA, MAYBE WE COULD HAVE SOME BROCHURES FOR LOCAL BUSINESSES THAT WE'RE PASSING OUT SINCE WE'LL HAVE A TENT THERE OR A BOOTH THERE. >> IT'S A GOOD IDEA. WE CAN, [OVERLAPPING] >> REACH OUT AND SEE WHO HAS ONE TO GIVE. YEAH, WHICH OF THE LOCAL BUSINESSES HAVE ALL THING. >> ALSO I HAD A QUESTION. I ASSUME THE INCREASE ON THE CONSULTING FEES FOR THE UPCOMING FISCAL YEARS. SOME OF THOSE CONSULTING FEES, WE'VE MENTIONED IN THE PAST THAT WE'RE GOING TO LOOK AT. WOULD THAT BE CORRECT? >> THE INCREASE TO PROFESSIONAL SERVICES IS THE ECONOMIC DEVELOPMENT STRATEGIC PLAN? THAT'S THE BIG CHUNK THERE. >> THAT GOES UNDER PROFESSIONAL SERVICES? >> YEAH, WE'VE GOT THAT IN PROFESSIONAL SERVICES. WE'RE BUDGETING $125,000 AT THIS POINT FOR THAT PLANNING EFFORT, JUST BASED ON A CONVERSATION OR TWO I'VE HAD WITH FOLKS ON WHAT THAT WOULD LIKELY COST. >> WE'RE GOING TO DISCUSS THE BUDGET IN MORE DETAIL AT THE AUGUST MEETING. >> YES, AND THIS IS JUST CAPTURING SOME HIGHLIGHTS OF THE TRENDS. I HAVE SUBSEQUENT SLIDES ACTUALLY IN THIS PRESENTATION. WE'LL GET MORE MEAT ON THE BONE RELATIVE TO, LIKE, WHAT'S WITHIN SOME OF THESE ACCOUNT CODES. THIS IS JUST THE HIGH LEVEL STARTING PLACE. LOCAL BUSINESS GRANT PROGRAM, $100,000 WAS APPROVED. WE'LL BE REQUESTING 100,000 AGAIN. I'LL JUST NOTE WE HAVE TWO APPLICANTS RIGHT NOW THAT ARE IN THE QUEUE DENISE IS WORKING WITH TRYING TO GET THEM TO GET US EVERYTHING THAT WE NEED BEFORE THE END OF THE FISCAL YEAR SO THAT WE CAN GET THOSE TWO PROJECTS FUNDED. >> THAT'D BE GREAT. >> BUSINESS RETENTION EFFORTS. THIS IS SOMETHING THAT WE'RE PROPOSING THE $10,000 AGAIN, SO NO CHANGE IN THIS LINE. ONE OF THE THINGS THAT WE USE THIS FOR WOULD BE AS WE'RE PURCHASING GIFT CARDS AND THINGS, WE'LL DO RAFFLES AND DIFFERENT WAYS TO PROMOTE BUSINESS. THAT'S SOMETHING THAT WE HAVE USED THAT LINE ITEM FOR IF WE'RE PURCHASING GIFT CARDS FOR OUR CONTRIBUTION TO SOME COMMUNITY EVENT OR WHATEVER IT MIGHT BE. FOR EXAMPLE, LIKE THE FIVE LOBES, THAT'S SOMEWHERE THAT WE CAN MOVE FROM THE EVENT THAT WE JUST RECENTLY HELD IN CONJUNCTION WITH SMALL BUSINESS WEEK, THE SHOP LOCAL PASSPORT EVENT. THAT'S SOMETHING, FOR EXAMPLE, THAT WOULD COME FROM BUSINESS RETENTION, AND WE'RE CONTEMPLATING THIS, AND I NEED TO PROBABLY HAVE A ROBUST CONVERSATION, BUT BUSINESS RETENTION, WHERE I'M THINKING IS SEEING THIS GOING IS ALSO AN EXPANSION, JUST TO GIVE A BIT MORE BREADTH TO WHAT WE DO AND HOW WE'LL USE THIS EFFORT MOVING FORWARD, BUT NO CHANGE PROPOSED IN THIS LINE ITEM IN THE COMING FISCAL. WEB PAGE SERVICES, AGAIN, [00:30:02] THIS JUST REFLECTS THE COST OF MAINTAINING OUR EDC WORDPRESS SITE, ADVERTISING, AND LEGAL PUBLICATIONS. POSING AN INCREASE IN THIS, WE'LL GET INTO THAT IN A FUTURE SLIDE AS WELL AS EMPLOYEE TRAINING AND TRAVEL. THEN OF INTEREST, THE ALLOCATED OVERHEAD TRANSFERRED TO THE GENERAL FUND. THIS IS SOMETHING THAT EACH DEPARTMENT DOES. >> I'LL JUST NOTE RIGHT OFFHAND, OUR ALLOCATION ISN'T CHANGING, THE PERCENT ALLOCATED ISN'T CHANGING. THE INCREASE IS JUST DUE TO THE INCREASE IN THE GENERAL FUND OVER TIME. THIS IS THE SAME PERCENTAGE. FOR THE NEWER BOARD MEMBERS, THE ALLOCATED OVERHEAD IS ESSENTIALLY SUMMARIZED AS WHAT THE ECONOMIC DEVELOPMENT CORPORATION, AND ME, DENNISE USE IN TERMS OF OTHER CITY SERVICES. OUR CONTRIBUTION TOWARDS PUBLIC WORKS AND HUMAN RESOURCES AND OTHER INTERNAL DEPARTMENTS, FINANCE, IT FOR THE SERVICES THAT THEY PROVIDE TO US INTERNALLY. THIS GOES BACK INTO THE GENERAL FUND AND IS DISTRIBUTED TO HELP TO OFFSET THOSE COSTS. >> GOING TO THE ITEM ON THE SIDE ABOUT THE CAR AND HOW WE TALKED ABOUT THAT, WOULD THAT BE ADDED TO THE ALLOCATED OVERHEAD TRANSFER BECAUSE IT'S A PORTION OF SOMETHING THAT'S USED OF CITY SERVICE OF A CAR OR IS THAT GOING TO HAVE ITS OWN LIGHT? >> WHAT IS THE VEHICLE? >> WAS THAT LAST MONTH? >> YEAH, HE WASN'T HERE. >> SORRY. NEVER MIND. >> NO. THAT'S OKAY. WE'RE REPLACING THE EDC VEHICLE, BUT NOT WITH OUR OWN CAR. WE'LL BE SHARING A CAR WITH ANOTHER DEPARTMENT TO MAXIMIZE THE USE OF THE VEHICLE. THAT'S WHERE OUR PIECE WOULD COME IN. >> GREAT POINT. IT'S NOT INCLUDED IN THE BASE BUDGET CURRENTLY BECAUSE THAT SPECIFIC SUPPLEMENTAL REQUEST HASN'T BEEN APPROVED. SUPPLEMENTAL REQUESTS ARE THE ONE TIME UNIQUE PURCHASES OR IN OUR CASE, WE'RE NOT PART OF THE VEHICLE AND EQUIPMENT REPLACEMENT FUND, AS EDC WAS TYPICALLY A SEPARATE SUBORDINATE UNIT. WHAT WE'RE TALKING ABOUT DOING IS PUTTING THE ECONOMIC DEVELOPMENT CAR, I'LL SAY, FOR SIMPLIFICATION PURPOSES, INTO THE VEHICLE REPLACEMENT SCHEDULE, AND SO VERY 12 OR HOWEVER MANY YEARS, THAT CAR WOULD BE REPLACED AS WOULD A CAR FOR THE PERMIT OR BUILDING INSPECTORS OR WHATEVER IT MIGHT BE BASED ON USE. TO THE POINT MADE BY THE PRESIDENT, SO WE'VE RECEIVED QUOTES FOR VEHICLES. FOR THE COMBINED SERVICES THAT WOULD BE USING THIS VEHICLE, SO THINK HUMAN RESOURCES, FINANCE, OBVIOUSLY, ECONOMIC DEVELOPMENT, THE CITY MANAGER'S OFFICE, OUR PORTION OF HALF OF THAT VEHICLE IS APPROXIMATELY 23-33 BASED ON THE QUOTES THAT WE RECEIVED. THAT WOULD BE SOMETHING THAT WOULD COME LATER. IT WOULD BE PULLED FROM THE BASE BUDGET. YOU'D SEE THAT AT YOUR AUGUST MEETING. THEN THE TRANSFER TO GENERAL FUND FOR CAPITAL PROJECTS, YOU CAN SEE IN FY '24, WE PUT $150,000. THAT WAS HALF OF THE COMPREHENSIVE PLAN UPDATE THAT'S CURRENTLY UNDERWAY. THIS YEAR, WHAT IS PROPOSED IN '25 IS $200,000, AND THIS IS TO PUT MONEY INTO A CAPITAL PROJECT FOR THE FIFTH STREET DISTRICT, THE PHASE 2. AS YOU KNOW, WE'VE DONE A BUNCH OF WORK RELATIVE TO ALEXANDER STREET. WE'VE HANDLED A BUNCH OF DRAINAGE, AND THIS IS PUTTING MONEY ASIDE FOR POTENTIAL DESIGN WORK FOR THE PHASE 2 STUFF, WHICH COULD BE BOONE STREET OR BILLINGSLEY, BUT DETENTION DRAINAGE CONTINUING ALONG IN THE IMPROVEMENT OF THAT DISTRICT. >> DID YOU SAY YOU HAD A WHOLE SLIDE FOR EMPLOYEE TRAINING AND TRAVEL? >> GOING THROUGH, AGAIN, SOME OF THESE [NOISE] BIT MORE DETAIL. A LOT OF THIS HASN'T CHANGED, BANNER INSTALL, LEGAL ADS, EVENT SPONSORSHIPS, CHRISTMAS GIFT. THIS IS FUNDAMENTALLY THE SAME STUFF AS WE'VE HAD BEFORE. THE NEW ON THIS ITEM WOULD BE, SO THE DALLAS BUSINESS JOURNAL, THEY'VE APPROACHED US ABOUT A DIGITAL ECONOMIC DEVELOPMENT HUB, A PLATFORM TO GET OUR WEBSITE AND NAME AND BRAND OUT THERE ALONG WITH OTHER SIMILAR INSTITUTIONS AND ENTITIES, OTHER ECONOMIC DEVELOPMENT CORPORATIONS. THE NEW BANNER DESIGNED FOR FIFTH STREET, FIFTH STREET PROMOTIONAL ADVERTISING. THOSE ARE TWO LINES THAT YOU CAN SEE IN THE NODES BUDGETED FOR, AND THEN THEY WEREN'T USED. WE DIDN'T REDESIGN BANNERS FOR FIFTH STREET, [00:35:03] AND WE DIDN'T SPEND A BUNCH OF MONEY ON PROMOTIONAL ADVERTISING. WE ACTUALLY RELATIVE TO THE PRESS RELEASE, WE JUST DID. WE HAVE A COMMUNICATIONS PERSON NOW, SO WE JUST DID AN INTERNAL PRESS RELEASE, BUT WE'LL LOOK AS THE DISTRICT CONTINUES TO EXPAND, AND CERTAINLY AS WE HAVE MOMENTUM WITH MASTER DEVELOPER WANTING TO DO MORE ADVERTISING FOR THAT DISTRICT AS IT COMES ONLINE. VERY SIMILAR TO WHAT WE'VE DONE IN PREVIOUS YEARS WITH THE ADDITION OF EVENT SPONSORSHIPS. FOR EXAMPLE, WE'VE ACTUALLY BEEN APPROACHED BY A COUPLE OF GROUPS, INTERFACE AND READ JOURNALS ABOUT POTENTIALLY SPONSORING SOME EVENTS THAT WE WOULD BE SPEAKING ON PANELS WITH OUR PEERS IN THE INDUSTRY TO TALK ABOUT DIFFERENT ECONOMIC DEVELOPMENT RELATED THINGS. KEEPING SOME BUFFER IN THERE FOR US TO BE PRESENT AND VISIBLE AND GET OUR NAME AND BRAND OUT THERE. COMMUNITY RELATIONS, AGAIN, GOING BACK TO WHAT WE DISCUSSED WITH THE SPONSORSHIP POLICY, WHAT WE HAVE TALKED ABOUT IS IF THE SPECIFIC ITEM ISN'T APPROVED WITHIN THE BUDGET PROCESS, SOMEBODY WOULD COME THROUGH AND REQUEST FUNDING THROUGH OUR SPONSORSHIP POLICY. THAT'S THAT $20,000. THE REST OF THESE ITEMS ARE THINGS THAT ARE FOR THE MOST PART CARRY OVER FROM PREVIOUS YEARS. AGAIN, THE EXCEPTION BEING THE FIREWORKS COST INCREASE GOING UP, JUST AS WE DISCUSSED A MOMENT AGO. THAT TOTAL BEING 48,750 FOR COMMUNITY RELATIONS, THAT DOESN'T MEAN WE'LL SPEND THAT. IT JUST GIVES US THAT FLEXIBILITY AS WE GET REQUESTS AND THINGS. DUES AND SUBSCRIPTIONS. AGAIN, THIS IS THINGS LIKE PERIODICALS, OUR MEMBERSHIP TO THE SACHSE CHAMBER OF COMMERCE, MEMBERSHIPS AND PROFESSIONAL ORGANIZATIONS, YOU CAN SEE SOME OF THOSE LISTED THERE ON THE SIDE. AGAIN, I'M A CERTIFIED PLANNER, AND SO I HAVE ANNUAL DUES FOR AMERICAN PLANNING ASSOCIATION, THE AMERICAN INSTITUTE OF CERTIFIED PLANNERS, AND TEXAS ECONOMIC DEVELOPMENT CORPORATION, THINGS OF THOSE SORTS, YOUR RECURRING DUES AND SUBSCRIPTIONS. EMPLOYEE TRAINING AND TRAVEL, YOU CAN SEE HERE. DIFFERENT TEXAS ECONOMIC DEVELOPMENT COUNCIL EVENTS, TRAINING, CONFERENCES THIS YEAR, DENNISE WILL BE GOING TO THE TEDC CONFERENCE THAT'S GOING TO BE HELD, I THINK IN FORT WORTH. >> NO. ADDISON. >> ADDISON. THE URBAN MANAGEMENT INSTITUTE OF NORTH TEXAS. THIS IS JUST A PROFESSIONAL ORGANIZATION THAT DENNISE IS A PART OF AND IS ACTUALLY ON A EXECUTIVE COMMITTEE FOR. AGAIN, CONSULTANT CONNECT. THIS IS A NEW THING THAT WE'RE LOOKING AT IN THE NEXT FISCAL YEAR, GETTING IN FRONT OF SITE SELECTORS, GOING TO EVENTS TO GET OUR BRAND OUT THERE, TO PITCH OUR COMMUNITY, AND HOPEFULLY RECRUIT SPECIFICALLY THE BUSINESSES AND CORPORATE ENTITIES THAT WE WANT TO SEE HERE. I MENTIONED AICP, MISCELLANEOUS CLASSES, THOSE COME UP. TAMIO CONFERENCE. THIS IS SOMETHING IF YOU FOLLOWED THE ECONOMIC DEVELOPMENT PAGE SINCE DENNISE HAS BEEN HERE, OUR COMMUNICATION HAS BEEN A LOT BETTER. WE'VE HAD A LOT MORE OF IT MORE FREQUENT. WE'RE TRYING TO JUST GET OUR MESSAGE OUT THERE. TAMIO IS AN ASSOCIATION OF GOVERNMENT COMMUNICATION PROFESSIONALS. WE'RE LOOKING TO GET HER INVOLVED IN, AS WELL AS THE CITY HAS A COMMUNICATION STRATEGIST. THEY WORK TOGETHER QUITE A BIT. AGAIN, THIS IS JUST EDIFYING HER ALREADY GOOD AND SHARP SKILLS AND COMMUNICATION, BUT GETTING HER AMONGST HER PEERS. THEN BUSINESS ATTRACTION RECRUITMENT TRIPS. THE TRIP WE WENT ON WITH THE DFW MARKETING TEAM TO BOSTON TO RECRUIT BIOTECH INDUSTRIES. THERE'S FOR EXAMPLE, A CONFERENCE COMING UP SPECIFICALLY FOCUSED ON ENTERTAINMENT USERS AND LOOKING AT THESE OPPORTUNITIES TO GO AND GET OUT IN FRONT OF SITE SELECTORS TO PITCH OUR COMMUNITY AND WHAT WE HAVE TO OFFER. THAT'S SOMETHING THAT, AGAIN, I SAY IT EVERY TIME, BUT IF IT'S NOT USED, IT ROLLS BACK INTO THE FUND BALANCE. >> MY MAIN QUESTION ABOUT THIS, JARED IS, THIS IS ABOUT $1,000 OF WHAT WE SPENT LAST YEAR, BUT IT'S $10,000 MORE THAN WE SPENT THREE YEARS AGO. WHAT'S THE MAIN CHANGE OVER THE LAST THREE YEARS? >> THE BUSINESS ATTRACTION AND RECRUITMENT TRIPS. WHENEVER WE WENT TO BOSTON SPECIFICALLY AND REALIZING ALL OF THE DIFFERENT OPPORTUNITIES THAT THERE ARE, [00:40:03] WHETHER IT'S WITH SELECT USA OR DFW MARKETING TEAM. HAVING SOME CUSHION BUILT IN THERE, IF A GREAT OPPORTUNITY COMES UP, FOR EXAMPLE, A COUPLE OF YEARS AGO, THE CITY MANAGER WAS INVITED TO CHICAGO TO MEET WITH SITE SELECTORS. REALLY GREAT OPPORTUNITY JUST TO GET IN THE ROOM. THAT'S IT. >> HOW MANY ON THOSE TRIPS, JUST CURIOUS, DO WE KEEP TRACK OF THE CONVERSION OR THE LEADS THAT WE GET AS A RESULT OF THOSE TRIPS AND THINGS LIKE THAT? >> YEAH, SO WE GET FROM THE DFW MARKETING TEAM. WE WERE SUPPOSED TO GET THE LEADS BACK, FOLKS THAT WE SPEAK WITH. WE HAD A LIFE SCIENCE GROUP THAT ACTUALLY CAME. WE SPOKE ABOUT THIS A WHILE AGO, BUT THE REVERSE OF THIS. THEY CAME TO US AND ONE OF THE FIRST PLACES THAT THEY VISITED WAS THE EVOLVE SITE HERE IN SACHSE. WE RECEIVED THOSE CONTACTS, THE NAMES OF THOSE SITE SELECTORS AND THOSE FIRMS, AND YES, IN THEORY WOULD RECEIVE THE LEADS THAT CAME FROM THAT. >> IN THEORY? [LAUGHTER] >> YEAH. ANYTHING ELSE ON THIS ONE? PROFESSIONAL FEES, AGAIN, WE DISCUSSED THIS. BUT CONSULTING FEES, INCENTIVE ANALYSIS, MISCELLANEOUS CONSULTING. WE WORKED WITH A COUPLE OF DIFFERENT GROUPS TO HELP ADVISE ON CERTAIN DEALS AND POLICY ITEMS THAT WE FIND TO BE VERY HELPFUL, GET SOME OUTSIDE PERSPECTIVE AND PROFESSIONAL CONSULTING PERSPECTIVE FROM FOLKS THAT HAVE BEEN DOING THIS A LONG TIME. AGAIN, THE ECONOMIC DEVELOPMENT STRATEGIC PLAN, YOU SEE THERE, THE 125 K. THEN RELATIVE TO FIFTH STREET PLANNING, AS YOU ALL KNOW, WE'RE WORKING WITH THE MASTER DEVELOPER. WE'VE GOT FUNDING BUILT INTO THIS CURRENT FISCAL YEAR FY '24. WE'VE NOT REALLY DIPPED INTO THAT AMOUNT YET. WE'VE USED SOME OF THAT FOR THE RIGHT OF WAY TURNBACK STUFF WITH TXDOT, SOME OF THE PHASE 2 WORK RELATIVE TO GETTING SACHSE ROAD BROUGHT BACK ONTO THE CITY SYSTEM. WE'RE PULLING THOSE INVOICES FROM THE FIFTH STREET PLANNING. BUT AGAIN, BUILDING IN THERE AS WE CONTINUE TO GROW THIS DISTRICT. SOFTWARE. COSTAR IS, I'D SAY, A CRITICAL TOOL FOR WHAT WE DO, COMMERCIAL, REAL ESTATE, CONTACTS AND THINGS LIKE THAT. THAT HAPPENS TO BE THEY'RE PROUD OF IT. IT'S AN EXPENSIVE TOOL, BUT IT'S VITAL TO WHAT WE DO. ARCGIS, I'D SAY THE SAME THING, GETTING ALL THE DATA THAT WE PULL RELATIVE TO DEMOGRAPHICS ALL COMES FROM ARCGIS, ESRI. ADOBE CREATIVE CLOUD, THE ABILITY TO USE PHOTOSHOP IN DESIGN, SO FORTH. PLACER.AI IS, AS MENTIONED, INCLUDED FLYER VIEW OR MAP. >> JARED, HOW CAN WE GET MORE INFORMATION FROM PLACER.AI? A WHILE AGO, WE DID A PRESENTATION AND WE TALKED ABOUT IT, BUT I WOULD LIKE TO THINK ABOUT OTHER WAYS IN WHICH WE CAN USE IT JUST SEEING AS IT'S SO EXPENSIVE. I KNOW YOU GO IN THERE AND MESS AROUND WITH IT. WE DON'T HAVE ACCESS TO IT, BUT MAYBE THERE'S SOME QUARTERLY RECAP OR SOME REPORT THAT IT CAN RUN ON A CADENCE THAT WE CAN LOOK AT OR SOMETHING. >> YEAH, I THINK THAT'S A GREAT POINT. ONE OF THE THINGS, LIKE I'D MENTIONED, WE HAVE THIS TOOL THAT REALLY IS A FOOT TRAFFIC PLATFORM. AS WE DISCUSS WITH WHETHER IT'S A SITE SELECTOR OR BROKER, WHATEVER, AND THEY'RE LIKE, OKAY, WHAT'S YOUR TRAFFIC LOOK LIKE OR WHAT'S YOUR LEAKAGE, FOR EXAMPLE, WHAT ARE YOUR INCOMES AND SO FORTH? THAT'S REALLY WHERE THIS LENDS ITSELF THAT. I THINK AS MORE BUSINESSES, CERTAINLY, LIKE THE BUNKER HILL RETAIL PROJECT COMES ONLINE, MORE TRAFFIC ON THAT ROAD WEST OF THE STATION GIVES US MORE INFORMATION, MORE FOOT TRAFFIC, WE'RE ABLE TO USE IT FOR THE FARMERS MARKET NOW. >> WELL, YEAH, AND I KNOW AT ONE POINT, YOU HAD GIVEN US SOME, I DON'T REMEMBER THE EXACT STATISTICS, BUT YOU HAD GIVEN US SOME DATA FROM PLACER.AI ABOUT HOW MANY PEOPLE TRAVEL OUTSIDE THE CITY TO EAT AND THEN COME BACK TO THE CITY. I WAS INTERESTED IN MORE OF SEEING THAT DATA OVER TIME AND SEEING HAS THAT CHANGED? IS IT DIFFERENT? WAS IT BETTER NOW THAN IT WAS A YEAR AGO? IS IT WORSE? I WOULD JUST LIKE TO GET SOME INDICATION, AND MAYBE WE CAN USE THAT. I HEAR WHAT YOU'RE SAYING ABOUT USING THAT DATA FOR SITE SELECTION AND THINGS, AND THAT'S REALLY GREAT. BUT I'D LIKE TO SEE SOME TRENDS. I'VE BEEN ON THIS BOARD FOR OVER TWO YEARS NOW, AND I JUST WOULD LIKE TO KNOW WHAT IMPACT WE'VE MADE. [00:45:01] I THINK THAT THEY HAVE SOME DATA IN THERE, ESPECIALLY ABOUT KEEPING OUR LOCAL TAX DOLLARS HERE IN SACHSE. >> CERTAINLY. >> APPRECIATE IT. >> IT'S A GREAT POINT. HAPPY TO DIG INTO THAT MORE AND PERHAPS HAVE AN UPCOMING STAFF REPORT GET INTO THAT A BIT MORE. >> THANK YOU. >> THEN THE SITE SELECTION TOOL, YOU CAN SEE HERE, THE 10,000, THAT'S A RECURRING COST. WE HAVE THE GIS WEBTECH AND RESIMPLIFI AS ADDITIONS TO OUR WEBSITE. >> THEN THE CRM BRE TOOL, THAT WAS SOMETHING WE PLANTED THE SEED FOR LAST TIME. WE DON'T CURRENTLY HAVE A CRM TOOL, SO WE'RE LOOKING TO JUMP ON THAT. I'VE BLOWN THROUGH SOME HIGH LEVEL STUFF AGAIN. THE WORKSHEET WAS INCLUDED IN THE PACKET. EVERYBODY'S HAD ACCESS TO IT PUBLICLY. BUT NEXT STEPS, RECEIVING ANY INPUT, MAKING ANY NECESSARY EDITS, REFINING IT, AND THEN BRINGING BACK TO YOU ALL FOR ACTUAL APPROVAL IN AUGUST, AS DISCUSSED. WE'RE NOT SEEKING A FORMAL ACTION THIS EVENING. JUST A COUPLE OF ITEMS. WE SHOWED THIS AT THE PREVIOUS MEETING, BUT THE COUNCIL BUDGET WORKSHOP WILL BE JULY 29TH. OUR NEXT MEETING IS IN AUGUST. WE'LL SEEK BOARD APPROVAL OF THE BUDGET. THEN YOU CAN SEE THERE THE NEXT PUBLIC STEPS RELATIVE TO THIS BEING PRESENTED TO COUNCIL, THEY'RE HEARING, AND THEN ADOPTING THE BUDGET. THAT SUMMARIZES MY SLIDES, BUT I'M HAPPY TO DIG INTO ANYTHING YOU ALL WOULD LIKE. >> WELL, LET ME START JUST ON PUBLIC COMMENT. MR. KOBO, DO YOU WANT TO COME UP AND ASK QUESTIONS OR COMMENT ON ANYTHING? >> YEAH. CAN I? >> SURE. >> [NOISE] MATHEW. B. KOBO, 55 1103 SACHSE, TEXAS. WOW. [LAUGHTER] TOP OF THE HILL. I'M LOOKING FOR A LITTLE BIT OF WHAT MR. CHANDLER SAID, SORRY. I LEFT MY GLASSES BACKSEAT. RESULTS AND ACCOUNTABILITY. YOU HAVE $100,000 FOR BUSINESS IMPROVEMENT OR IN ONE OF THE PLACES AND WHAT DO YOU CONSIDER IT BEING A SUCCESS BESIDES THE CHECK CLEARING WHEN YOU SPEND THAT MONEY? ARE YOU LOOKING FOR INCREASED SALES OUT OF THE BUSINESS? ARE YOU LOOKING FOR MORE FOOT TRAFFIC THAT'S COMING IN THERE? WHAT ARE THE METRICS THAT TELL YOU YOU'RE DOING SOMETHING RIGHT BESIDES JUST THE CHECK CLEARING? BECAUSE THAT'S ALL I SEE IS YOU SPEND MONEY. THAT'S ALL I SEE. EVOLVE BIOLOGICS, I THINK THAT'S THE EMPTY SHELL OF A BUILDING ON PGBT THAT YOU'RE TRYING TO MODEL A LOT OF STUFF AROUND. WHAT'S THEIR STORY RIGHT NOW? BECAUSE ALL I SEE IS JUST WIND AND PLASTIC BLOWING OUT THERE. I UNDERSTAND THERE'S SOME SUPPLY CHAIN ISSUES AND THE WORLD IS COMPLICATED, BUT WHAT'S THEIR STATUS? WHEN ARE THEY LOOKING TO START BRINGING THESE 300 JOBS? THE HOSPITAL SOLD, WHICH IS A GREAT THING FOR EVERYTHING. BUT THE OFFICE BUILDING NEXT TO IT STILL HAS THE OLD SIGN ON IT. DID IT SELL TOO? WHAT IS THE PLAN TO START BRINGING THE DOCTORS IN THERE THAT GO TO THE HOSPITAL THAT BUILDS A MEDICAL PLACE AROUND THERE THAT'S JUST NOT GOING TO COST ME A LOT OF MONEY? EVERYBODY SAYS THERE'S NO TAX MONEY IN Y'ALL, BUT THERE IS. THERE'S $1.5 MILLION IN SALES TAX. YOU ARE, NOT STEALING, BUT YOU ARE BRINGING MONEY THAT COMES FROM THE PUBLIC. I'M JUST LOOKING FOR WHAT DO Y'ALL CONSIDER SUCCESS BESIDES THE CHECK CLEARED. THERE NEEDS TO BE MORE METRICS, AND I DON'T SEE IT, AND I JUST WANT TO KNOW WHAT DO I LOOK FOR FOR ACCOUNTABILITY FROM Y'ALL? BECAUSE IN THE REAL-WORLD, YOU SHOULD SIT UP HERE AND SAY, WE WORKED FOR THIS AMOUNT OF BUSINESS, THIS IS THE EXTRA THAT WE BROUGHT INTO THE CITY, AND THAT'S OUR JUSTIFICATION. BUT ALL I SEE IS THAT WALMART AND KROGER'S ARE SHOVING A LOT OF MONEY INTO THE BUDGET, AND JUST LOOKING TO SEE WHAT IT IS. THANK YOU. >> THANK YOU. [00:50:02] >> PART OF THAT, I CAN GIVE YOU A LITTLE BIT OF RESPONSE TO, NOT ALL OF IT. WITH $100,000 AT SMALL BUSINESS GRANTS, AND THAT YOU'LL SEE IN THE DOCUMENTS WE PUT TOGETHER IN TERMS OF WHAT WE'RE LOOKING FOR. IN YOUR QUESTION, YOU ANSWERED A LOT OF THE QUESTION. WHAT ARE YOU LOOKING FOR? INCREASED REVENUE, INCREASED FOOT TRAFFIC, MORE REVENUE POSSIBILITIES FOR THE DISTRICT. >> DIVERSIFY THE TAX BASE. >> DIVERSIFY THE TAX BASE. ONE WAY THAT YOU CAN MEASURE SUCCESS IS YOU LOOK AT SALES TAX IN THE CITY THAT'S RISEN FROM, NOW THIS ONLY GOES BACK THREE YEARS. I KNOW WE CAN GO BACK FURTHER, BUT 2021, 2022, AT 1.37, THIS YEAR, WE'RE ON PACE TO TOP 1.5 A YEAR, AND SO THERE ARE MEASUREMENTS WHEN WE LOOK AT THE SALES TAX, SEE WHAT IS THE ECONOMIC DEVELOPMENT CORPORATION DOING? IT'S NOT JUST THE EDC, IT'S OTHER ENTITIES THAT HELP WITH THAT. IT'S INCREASING THE SALES TAX REVENUE. I WOULD SAY THAT THAT IS RISING. THAT IS ONE OF THE THINGS THAT YOU CAN MEASURE. I DON'T KNOW THAT WE CAN COMMENT COMPLETELY ON THE HOSPITAL AND THE BUILDING. I DON'T BELIEVE THAT THE MEDICAL BUILDING WAS SOLD. I THINK THE HOSPITAL WAS. [OVERLAPPING] >> IT WASN'T. [INAUDIBLE]. >> I WOULD TELL YOU THAT THAT'S [OVERLAPPING] WHERE WE FIT WITH THE BUDGET STUFF TO GIVE YOU AN IDEA. DO YOU HAVE MEASUREMENTS? YES. THAT'S WHERE IT'S PLAYING INTO AS WE LOOK AT THE BUDGET HERE AND LOOK AT THE NUMBERS THAT ARE THERE. PART OF THOSE OTHER QUESTIONS, I THINK WE NEED TO BE DIRECTED PROBABLY TO SOMEBODY ELSE, AND I DON'T KNOW WHO THE RIGHT PERSON IS FOR THOSE QUESTIONS. I'M GOING TO GUESS THAT'S MORE CITY MANAGER'S OFFICE THAN IT IS US. >> I JUST SPEAK QUICK TO TO THE POINT, YES, THAT HCA DOES NOT OWN THE MEDICAL OFFICE BUILDING THAT'S PRIVATELY HELD AND ONE OF THE THINGS THAT WE'RE LOOKING TO DO RELATIVE TO METRICS, AND I THINK IT'S A FAIR QUESTION, AND THAT'S WHAT WE'RE LOOKING TO DO PARTIALLY WITH THE ECONOMIC DEVELOPMENT STRATEGIC PLAN IS DEFINE AND COME UP WITH A CLEAR SET OF METRICS. [OVERLAPPING] >> COME UP WITH A CLEAR SET OF METRICS. [OVERLAPPING] >> [NOISE] THAT'S WITHIN THE BUDGET, ONE OF THE THINGS THAT WE'RE LOOKING TO DO. WE'VE HIT THE GROUND RUNNING AND DONE A TON OF WORK IN THE PAST THREE YEARS, AND NOW WE CAN THINK, ESPECIALLY WITH ANOTHER STAFF PERSON HERE, MORE BIG PICTURE AND WHERE ALL OF THAT FITS IN. I THINK IT'S A FAIR QUESTION AND SOMETHING WE'RE LOOKING TO TACKLE THIS NEXT BUDGET YEAR. >> ANY OTHER QUESTIONS RELATED TO THE BUDGET ITEMS OR THINGS THAT YOU DIDN'T UNDERSTAND OR WANT MORE CLARITY ON? I'M IMPRESSED WITH THE INTEREST THAT WE'RE GOING TO GET ON THE MONEY THAT'S THERE. YOU LOOK BACK THREE YEARS AGO, $12,000, AND NOW WE'RE AT 260? >> I WAS JUST THINKING I NEED TO HIRE THE CITY'S INVESTMENT MANAGERS FOR MY OWN PORTFOLIO. [LAUGHTER] >> THAT IS EXTREMELY IMPRESSIVE. >> YES, IT IS. >> THAT DOES HELP. BUT A REMINDER FOR THOSE, IS THIS FIRST BUDGET YEAR FOR YOU GUYS? THEN ONE ITEM MAY BE CLARITY FOR YOU GUYS, YOU MAY NOT BE ASKING THE QUESTION BUT I KNOW I DID. WHEN YOU LOOK AT ALL OF THE ITEMS, IF YOU'RE LOOKING AT THE WORKSHEET, EXPENSE CATEGORY 41, ALL THE DIFFERENT PERSONNEL COSTS, AND FOR THE MOST PART, CATEGORY 42 SUPPLIES, AND MATERIALS, AND EVERYTHING, A LOT OF THAT IT'S STRUCTURED AND DONE THROUGH THE FINANCE COMMITTEE. IT'S NOT AN ITEM THAT WE NECESSARILY CONTROL. WE DON'T CONTROL ANYTHING, IF YOU WILL, IN 41, EXCEPT FOR THE APPROVAL FOR THE PROMOTION FOR JARED OR HIRING ANOTHER PERSON. BUT ALL THOSE COSTS ARE ALL JUST THEY ARE WHAT THEY ARE. THEY'RE PORTION OF MEDICAL INSURANCE. THEY'RE PORTION OF, WHAT IS IT, TRS OR TMRS, I GUESS IT IS, AND THOSE THINGS. JUST SO THAT YOU KNOW, WHEN YOU START TO LOOK AT THINGS THAT WHERE WE HAVE SOME CONTROL IS WHERE YOU START TO GET DOWN INTO CATEGORY 44, WHICH IS ALL THE ITEMS THAT JERRY JUST WENT THROUGH. IF YOU LOOK THROUGH THOSE THINGS, JUST TO GIVE YOU AN IDEA AS TO WHERE WE HAVE MORE OF THE SAY CONTROL BECAUSE SOME EXPENSES, THEY ARE WHAT THEY ARE. THESE ONES, WE HAVE A LITTLE BIT CONTROL. I DO APPRECIATE THAT WE HAVE TO BUDGET FOR THINGS SO WE HAVE [00:55:03] THE ABILITY TO DO SOMETHING WITHOUT HAVING TO GO ASK FOR BUDGET AMENDMENTS MID-YEAR BECAUSE WE ONLY GOT, LIKE I SAID, SPONSORSHIPS THERE WAS ONE REQUEST THIS LAST YEAR. WE DIDN'T USE ANYWHERE CLOSE TO THE $20,000. WE COULD SAY, WELL, WHY ARE WE GOING TO BUDGET $20,000? WE GET RID OF IT JUST PUT IT DOWN TO $1,000. BUT THEN IF SOMEBODY ELSE COMES IN, FITS WHAT OUR SPONSORSHIP POLICY IS, AND IT'S SOMETHING WE WANT TO DO WITHOUT IT BEING BUDGETED, WHAT DO WE HAVE TO DO? WE HAVE TO ASK FOR A BUDGET AMENDMENT, GET APPROVAL, GO THROUGH THE WHOLE PROCESS IN ORDER TO MAKE IT HAPPEN. IT'S A LITTLE BIT DIFFERENT THAN A SMALL BUSINESS WHERE I BUDGET FOR SOMETHING, AND IF THERE'S SOMETHING MORE IT'S LIKE, WELL, I'VE GOT THE MONEY, I'M GOING TO DO IT. I DON'T HAVE TO GO ASK FOR PERMISSION TO DO IT. THAT'S ANOTHER THING TO BE AWARE OF, BECAUSE AS I LOOK THROUGH IT, WE'RE NOT SPENDING AS MUCH AS WHAT WE BUDGETED LAST YEAR. WE'RE NOT GOING TO GET CLOSE TO IT. WELL, I SAID IT, IF NOT FOR COMPREHENSIVE PLAN. [LAUGHTER] >> YEAH. >> JUST ONE THING TO NOTE, MR. PRESIDENT, WE DON'T BUDGET FOR INCENTIVES PER SE. >> RIGHT. >> FOR EXAMPLE, IF YOU WERE LOOKING AT THE WORKSHEET, YOU WOULD HAVE SEEN INCENTIVES THAT HAD BEEN PAID OUT IN THIS FISCAL YEAR, SO THOSE GET APPROVED AND THEN THEY'RE COMING FROM THE BUDGET. IF FOR SOME REASON, WE HAD TO PAY OUT A BIG INCENTIVE AND THAT PUT US OVER WHAT OUR BUDGET ALLOCATION WAS GOING TO BE FOR THAT YEAR, WE WOULD COME BACK FOR A BUDGET AMENDMENT. BUT BECAUSE TYPICALLY WE RUN PRETTY LEAN, WE TRY NOT TO WASTE MONEY AND WE OPERATE EFFICIENTLY AND CONSERVATIVELY, WE HAVE A LITTLE BIT OF CUSHION TO THE POINT WHERE WE'RE NOT HAVING TO NECESSARILY COME BACK FOR THESE BUDGET AMENDMENTS. BUT WE CAN IF WE NEED TO. >> BUT WHEN YOU'RE DOING INCENTIVES, THAT'S ALMOST LIKE A BUDGET AMENDMENT BECAUSE WE HAVE TO GO THROUGH THE APPROVAL PROCESS TO HAVE AN INCENTIVE DONE ANYWAY. WE DON'T BUDGET FOR IT, BUT IT'S ALMOST LIKE YOU'RE GETTING AN AMENDMENT EACH TIME YOU DO IT. [OVERLAPPING] >> YEAH. IF WE WERE TO, FOR EXAMPLE, WE PAID OUT AN INCENTIVE FOR AN INFRASTRUCTURE GRANT RECENTLY AND IT WAS A $50,000 GRANT, IN THE GRAND SCHEME OF THINGS, THAT'S NOT THAT MUCH RELATIVE TO WHAT OUR OVERALL BUDGET IS WHERE WE HAD COST SAVINGS IN OTHER PLACE, THINK ABOUT IT IN THIS WAY, WE DIDN'T USE $100,000 IN THE LOCAL BUSINESS GRANT, AND SO WE STILL HAD EXTRA LEFT OVER. [OVERLAPPING] >> WE SAW THAT EXCESS WITH NR, SO WE DIDN'T HAVE TO GET A BUDGET AMENDMENT TO MAKE THAT HAPPEN. [OVERLAPPING] >> THERE WASN'T A NEED FOR THAT, RIGHT? >> CORRECT. >> YES, SIR. >> OKAY. >> I HOPE THAT HELPS JUST A LITTLE MORE CONTEXT FOR YOU AS YOU'RE LOOKING THROUGH IT. BUT ANY OF THE QUESTIONS, I WILL TELL YOU, IF YOU'VE GOT SOMETHING THROUGHOUT THE MONTH, I SENT A BUNCH OF QUESTIONS TO JARED ALREADY AND GOT RESPONSES JUST THAT I COULD MAKE SURE I'M FOLLOWING THE NUMBERS CORRECTLY, BUT COME AUGUST, WE'LL HAVE FULL ACCURATE NUMBERS THAT WE'RE ABLE TO THEN- >> I WAS GOING TO SAY, I ASK YOUR QUESTIONS NOW BECAUSE WHEN WE GET TO AUGUST, THERE'S NO DELAY AT THAT POINT. [LAUGHTER] >> NO. YEAH. [OVERLAPPING] >> IN AUGUST IS NOT CHANGE. WE WANT TO MAKE SURE IF THERE'S SOMETHING THAT'S REALLY GLARING TO YOU OR THAT YOU WANT TO MAKE SURE WE WANT TO KNOW SOONER RATHER THAN LATER SO WE CAN MAYBE ADJUST IT FOR THAT AUGUST MEETING. >> FOR AUGUST, I WOULD CERTAINLY HIGHLIGHT ANY CHANGES. >> CAN YOU REMIND ALL OF US, ESPECIALLY OUR NEWER BOARD MEMBERS, THE FISCAL YEAR ENDS? >> SEPTEMBER 30TH. >> SEPTEMBER. >> SEPTEMBER 30TH, YES. >> GO FROM OCTOBER. >> WELL, THANK YOU. >> YES. >> I DO HAVE ONE QUESTION THOUGH. >> PLEASE. >> VEHICLE MAINTENANCE. I WOULD THINK IF WE ARE SHARING VEHICLE WITH THE CITY THAT OUR MAINTENANCE SHOULD REDUCE. IF WE'RE NOT GOING INTO THE VEHICLE POOL VERSUS PERSONAL? >> AS PART OF THE STRUCTURE WE CAME UP WITH FOR THIS, IF YOU LOOK AT THE BULK OF WHO WOULD HAVE THE CAR, IT'LL DEFINITELY BE MORE OF AN ECONOMIC DEVELOPMENT VEHICLE. DENISE, ON HER BUSINESS VISITS RUN AROUND IF WE'RE DOING FAMILIARIZATION TOURS, WHATEVER, IT'LL PRIMARILY BE FOR ECONOMIC DEVELOPMENT, AND SO WHAT WE'VE SAID IS THAT WE WOULD TAKE ON THE COST OF MAINTENANCE, AND WE WOULD TAKE ON THE COST OF VEHICLE REGISTRATION, AND OIL CHANGES, AND THAT SORT OF THING, JUST TO MAKE IT SIMPLER AND SO THAT'S NOT LIKE, HEY, IT'S YOUR TURN? >> YEAH. NOT LIKE WE'VE USED MUCH OF OUR MONEY ANYWAYS. [LAUGHTER] >> YEAH. [OVERLAPPING] >> WE HAVEN'T ACTUALLY YET USED MUCH [INAUDIBLE] >> TYPICALLY, AND WITH A NEWER CAR, I SUSPECT, PROBABLY EVEN LESS OF THAT. >> YEAH, BEFORE YOU CHANGE HERE AND THERE. [01:00:01] >> BUT YEAH. >> ALL RIGHT. >> IT'S A GOOD QUESTION, THOUGH. >> ANYTHING ELSE? THAT BEING THE CASE, NEXT WE'LL ADJOURN. THAT'S OUR NEXT ITEM OF BUSINESS. IT IS 7:05 P.M. ADJOURN OUR MEETING. THANK YOU ALL VERY MUCH. APPRECIATE IT. * This transcript was compiled from uncorrected Closed Captioning.