Jun 26, 2025 Economic Development Corporation Meeting

[00:00:01]

ALL RIGHT. WE WILL CALL TO ORDER THE ECONOMIC DEVELOPMENT CORPORATION BOARD OF THE CITY OF SACHSE, WHO WILL HOLD OUR REGULAR MEETING THURSDAY, JUNE 26TH, IT IS 6:01 P.M.

TO CONSIDER THE FOLLOWING ITEMS OF BUSINESS. FIRST, PLEASE RISE AND JOIN ME AS I LEAD US TO THE INVOCATION AND PLEDGE OF ALLEGIANCE.

OUR DEAR FATHER IN HEAVEN, WE ARE GRATEFUL FOR THIS WONDERFUL COUNTRY THAT WE LIVE IN, AND BE MORE GRATEFUL FOR THIS WONDERFUL CITY AND FOR THE OPPORTUNITIES THAT IT AFFORDS TO US AND TO OUR FAMILIES. AND WE ASK YOU TO BLESS US THIS EVENING THAT WILL GUIDE US IN DECISIONS AND IN OUR DISCUSSION.

PLEASE BLESS OUR FIRST RESPONDERS AND THE CITY STAFF AND THE EMPLOYEES, AND ESPECIALLY BLESS ALL THE CITIZENS AND BUSINESSES IN OUR IN OUR GREAT CITY.

AND PLEASE BLESS THE WILL TO TO FLOURISH AND TO PROSPER.

AND PLEASE BLESS US SO WE CAN BE LOVING AND KIND NEIGHBORS TO ONE ANOTHER AND HELP OUR CITY CONTINUE TO GROW.

AND PLEASE BLESS US AS WE COME UPON THIS HOLIDAY NEXT WEEK THAT WILL TO ENJOY AND RECOGNIZE THE FREEDOMS AND BLESSINGS THAT WE ENJOY, TO LIVE WHERE WE DO, AND THESE THINGS WE GIVE THANKS FOR AND DO SO IN THE NAME OF JESUS CHRIST.

AMEN. JOIN ME IN THE PLEDGE OF ALLEGIANCE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

TEXAS FLAG. HONOR THE TEXAS FLAG, I PLEDGE ALLEGIANCE TO THEE, TEXAS, ONE STATE UNDER GOD, ONE AND INDIVISIBLE. THANK YOU ALL VERY MUCH.

THEY STILL HAVEN'T GOT ANY NAME TAGS SO YOU GET TO PICK ONE, YOU'RE YOU'RE TOTALLY FINE.

NOT A PROBLEM. WE'LL PAUSE FOR A MINUTE TO LET THEM GET LOGGED IN SO WE MAKE SURE THAT ALL WORKS SO WE DON'T HAVE TO INTERRUPT ANYTHING, SO WE'LL JUST HANG ON FOR JUST A QUICK MINUTE HERE.

THIS IS WHERE YOU HOPE THAT IT WORKS. THE PRESSURE IS ON.

YOU KNOW THE PRESSURE'S ON. WORST CASE SCENARIO, SINCE IT'S JUST THE CONSENT, WE COULD DO IT.

I MEAN, IF IT DOESN'T WANT TO GO AHEAD AND JUST DO THAT, WE'LL SEE THAT. TOTALLY UP TO YOU. I THINK THEY'RE MAKING PROGRESS THAT WAY YOU CAN.

EVERYBODY IN. ALL RIGHT WE'LL MOVE TO ITEM B PUBLIC COMMENT.

THE PUBLIC IS INVITED TO ADDRESS THE BOARD REGARDING ANY TOPIC NOT ALREADY ON THE AGENDA FOR ACTION OR PUBLIC HEARING.

COMMENTS REGARDING THE CONSENT AGENDA OR ANY DISCUSSION ONLY ITEMS ON THE AGENDA MAY BE ADDRESSED DURING THIS PUBLIC COMMENT SECTION.

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. I DO HAVE ONE CARD HERE FOR MR. HOLBOKE. IF YOU WANT TO COME ON UP. NO YOU'RE GOOD.

THANK YOU VERY MUCH. ANY OTHER COMMENTS FROM THE FROM THE AUDIENCE.

THEN WE WILL MOVE ON TO THE CONSENT AGENDA. ITEM C, C ONSENT AGENDA ITEMS ARE ROUTINE OR ADMINISTRATIVE IN NATURE,

[C. Consent Agenda]

THE BOARD WILL ACT UPON THESE ITEMS WITH ONE MOTION.

THERE WILL BE NO SEPARATE DISCUSSION OF THESE ITEMS UNLESS A BOARD MEMBER REQUESTS THE ITEM BE REMOVED FROM THE CONSENT AGENDA.

IF YOU HAVE COMMENTS RELATED TO ITEMS ON THE CONSENT AGENDA, PLEASE ADDRESS THEM IN THE PUBLIC COMMENT SECTION OF THE MEETING.

ITEM ONE APPROVED THE MAY 15TH, 2025 MEETING MINUTES AND ITEM TWO ACCEPT THE MONTHLY REVENUE AND EXPENDITURE REPORT FOR THE PERIOD ENDING APRIL 30TH, 2025. SO I'LL ENTERTAIN MOTIONS. ALL RIGHT. MOTION TO APPROVE THE CONSENT AGENDA AS IT IS. I HAVE A MOTION TO APPROVE BY BY CHINELO.

DO I HAVE A SECOND? I SECOND IT. I HAVE A SECOND FOR CHRIS.

[00:05:03]

AND THE CONSENT AGENDA PASSED UNANIMOUSLY SIX ZERO.

[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.]

COMMENTS ON DISCUSSION ITEMS SHOULD BE ADDRESSED IN THE PUBLIC COMMENT SECTION OF THIS MEETING. SO ITEM D 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 REGARDING OFFICE, INDUSTRIAL, COMMERCIAL AND RETAIL BUSINESS RETENTION AND MARKETING PROJECTS.

SO, MR. POTTS, I'LL TURN THIS TIME OVER TO YOU.

THANK YOU, MR. PRESIDENT. IT'S GOOD TO SEE EVERYBODY THIS EVENING. JUST A BRIEF STAFF REPORT.

SO THE COMPREHENSIVE PLAN UPDATE, IT WAS ADOPTED ON MAY 15TH AND SO WE ARE DOING A FINAL THUMB THROUGH ON THE DOCUMENT.

THERE'S A THERE'S A DRAFT VERSION THAT'S STILL POSTED BUT JUST KIND OF MAKING SURE EVERYTHING IS, IS IS TIGHT BEFORE WE KIND OF POST THAT FINAL DOCUMENT.

SO EXCITED TO HAVE THAT PROJECT WRAPPED UP, START WORKING ON IMPLEMENTATION.

AND SPEAKING OF IMPLEMENTATION, THE ECONOMIC DEVELOPMENT STRATEGIC PLAN, ONE OF THE ITEMS THAT WAS REFERENCED IN THE COMPREHENSIVE PLAN IS WELL UNDERWAY AS YOU KNOW, THE CONSULTANTS HAVE STARTED HAVING SOME PRELIMINARY DISCUSSIONS AND WE'LL CONTINUE TO DO SO.

AND I THINK THAT THE PLAN IS, AS YOU ALL KNOW, WE WON'T MEET IN THE MONTH OF JULY.

THE BOARD, THE BOARD WILL, UNLESS THERE WERE A SPECIAL MEETING OR SOMETHING BUT BUT AS OF NOW, THE PLAN IS TO FOR NO JULY BOARD MEETINGS. AND SO THE CONSULTANTS PLAN IS TO BE HERE IN AUGUST OR MAYBE PARTICIPATING VIRTUALLY, BUT TO DISCUSS SOME OF THE FINDINGS AND KIND OF DEBRIEF WITH YOU ALL.

SO BE ON THE LOOKOUT FOR THAT. RED, WHITE AND BLUE.

THEY'RE STILL LOOKING TO DO A COUPLE OF INTERVIEWS WITH SOME BOARD MEMBERS, CORRECT? YES, SIR. THAT'S CORRECT. YES. GOT A FEW A FEW MORE TO TO CONDUCT.

SO THANK YOU ALL FOR YOUR WILLINGNESS TO, TO DO THAT.

RED, WHITE, BLUE BLAST AS WE KIND OF TALKED ABOUT BRIEFLY.

BUT JULY 3RD CITY'S BIGGEST EVENT IS COMING UP AT HERITAGE PARK START AT 6 P.M.

AND I BELIEVE THAT THE FIREWORKS WILL KICK OFF AT ABOUT 9:30.

SO YOU'LL HAVE THE PARTY MACHINE BAND THERE. THE ECONOMIC DEVELOPMENT CORPORATION DOES SPONSOR PART PORTION OF THE FIREWORKS, SO WE TYPICALLY SPLIT THAT WITH CAPITAL INVESTMENTS.

SO YOU'LL SEE OUR LOGO ON SOME OF THE MARKETING COLLATERAL THAT THAT IS WHY.

CITY OFFICES WILL BE CLOSED JULY 4TH FOR INDEPENDENCE DAY.

NEXT FARMER'S MARKET JULY 12TH AND JUST AS A TO RESTATE THAT THOSE MARKETS OVER THE SUMMER WILL BE FROM 9 A.M.

TO 1 P.M. INSTEAD OF 10 A.M. TO 2 P.M.. THE LAST MARKET IN JUNE, WE ACTUALLY HAD COUSINS MAINE LOBSTER WAS HERE, WHICH IS PRETTY NEAT. I THINK THAT'S A BIG DRAW, SO WE WERE EXCITED ABOUT THAT.

AND THEN OUR NEXT EDC BOARD MEETING, AS I MENTIONED AUGUST 21ST IS WHEN THAT WILL TAKE PLACE AND THAT IS WHEN WE'LL ALSO WE'LL HAVE KIND OF THE FINAL LOOK AT THE BUDGET IN TOO. SO YEAH, IF YOU HAVEN'T BEEN TO RED, WHITE AND BLUE BLAST, YOU GOT TO GO.

IF YOU'VE BEEN WE DO HAVE THE ABILITY TO GET A PARKING PASS, YOU NEED TO LET THEM KNOW ASAP SO YOU CAN GET THAT.

BUT IT'S A GREAT TIME FOR THOSE THAT HAVE BEEN, WE GO EVERY YEAR.

LOVE IT. KIDS LOVE IT. SO IT'S A GREAT EVENT.

ALL RIGHT. ITEM D 2 HAS DISCUSSED THE SACS ECONOMIC DEVELOPMENT CORPORATION FISCAL YEAR 25-26 BUDGET OUR FAVORITE TOPIC OF THE YEAR.

[2. Discuss the Sachse Economic Development Corporation FY 2025-2026 Budget.]

BUT, YOU KNOW, IT'S BEEN A MINUTE AND I WANTED TO SEE WHAT YOUR THOUGHT WAS ON THIS AS WELL.

SO WE HAVE THE CONSULTING GROUP THAT CAME UP WITH THE COMPREHENSIVE PLAN.

AND THEN I ASKED THEM, LIKE, HOW MUCH ARE YOU TAKING WHAT HAS BEEN SUGGESTED INTO WHAT YOU'RE DOING? THEY BASICALLY SAID LIKE IT'S A BASE OF WHAT THEY'RE GOING TO START FROM, BUT THEIR PLAN ALSO MAY, YOU KNOW, IT MAY VARY AND MAYBE EVEN CONSIDERABLY BY THE TIME THAT THEY'RE DONE WITH IT.

SO IF YOU I WAS HOPING YOU MIGHT BE ABLE TO ELABORATE ELABORATE ON THAT A LITTLE BIT IN TERMS OF HOW IT'S SUPPOSED TO GO FROM THE CONSULTANTS THAT DO THE COMPREHENSIVE PLAN TO WHERE CIVIC SOUL TAKES IT.

SURE. SO JUST FOR THE SAKE OF STICKING TO THE AGENDA, I DO HAVE A PART OF THE BUDGET WHERE WE'LL GET INTO SOME ACCOMPLISHMENTS AND LOOKING AHEAD. SO IF THAT'S OKAY WITH YOU, I CAN MAYBE GET INTO THAT IN A LITTLE BIT.

YEAH, YEAH. IT'S GOING TO IF WE'RE GOING TO TALK ABOUT IT. YEAH I JUST MADE A NOTE IF I DO NOT BRING THAT UP PLEASE DO LET ME KNOW AND WE'LL COVER THAT.

[00:10:03]

SO THIS EVENING WE WILL GO THROUGH THE BUDGET, AS YOU ALL KNOW IN JUNE, WE WE WALKED THROUGH, I KEEP SAYING JUNE. LAST MONTH WE WALKED THROUGH MAY 15TH, THE BUDGET VERY, VERY HIGH LEVEL REALLY MORE CONCEPTUALLY TALKED ABOUT KIND OF KEY THEMES SOME RECENT ACCOMPLISHMENTS, REVENUES, EXPENDITURES, NEXT STEPS AND SO FORTH.

GAVE A BUDGET OVERVIEW, GOT SOME INITIAL INPUT, LOOKED AHEAD, NO ACTION WAS TAKEN, AND WE DIDN'T EVEN HAVE REAL ROBUST NUMBERS AT THAT AT THAT TIME. SO WHERE WE'RE AT TONIGHT IS IN YOUR PACKET, WHICH WAS POSTED PUBLICLY THE, THE DRAFT EDC BUDGET FOR FISCAL YEAR 2026. SO WE HAVE THOSE NUMBERS, AND WE HAVE MET WITH THE CITY MANAGER TO HAVE THOSE PRELIMINARY DISCUSSIONS, DISCUSSIONS ABOUT THE BUDGET. AND SO AGAIN, WE HAVE WE HAVE MORE REFINED NUMBERS TO LOOK AT BASED ON WHERE WE'RE AT IN THE PROCESS NOW.

SO WE'LL GET INTO THAT A LITTLE BIT HERE. AND THEN OF COURSE, WE WILL NOT TAKE ACTION ON THE BUDGET THIS EVENING THAT'LL THAT'LL OCCUR IN AUGUST.

SO ANY ANY FURTHER REFINEMENT THAT NEEDS TO BE MADE.

WE CAN CERTAINLY DO. JUST TO HIGHLIGHT A COUPLE OF ACCOMPLISHMENTS.

AND MR. FRICK WE'LL GET INTO YOUR QUESTION HERE A LITTLE BIT.

SO, YOU KNOW, THE THE BUDGET AUTHORIZATION IS WHAT ENABLES US TO DO THE THINGS THAT WE DO IN LARGE PART.

SO I DID THINK IT WOULD IT WOULD BE RELEVANT AND WORTHWHILE TO HIGHLIGHT SOME OF THE RECENT ACCOMPLISHMENTS.

YOU KNOW, LOOKING AT BACK A COUPLE OF BUDGET YEARS, RIGHT THE THE NEW ECONOMIC DEVELOPMENT WEBSITE THAT WE GOT POSTED, THE SITE SELECTION TOOL THAT WE GOT ADDED. THE MARKETING VIDEO THAT WE USE IN FACT, I SENT IT TO SOMEBODY JUST THIS WEEK.

THE ADMINISTRATIVE VEHICLE, WHICH WE DISCUSSED.

RIGHT. SO WE WE SOLD THE FORD FUSION AND WE HAVE THE FORD EXPLORER AND WE'VE, WE'VE BEEN USING THAT A GREAT DEAL OF SPLIT COST WITH ADMIN SERVICES.

IT'S PROVED TO BE A VERY BENEFICIAL THING FOR US.

COMPLETED THE COMPREHENSIVE PLAN AND THEN STARTED IN SHORT ORDER OF THE STRATEGIC PLAN.

SO RELATIVE TO THAT, YOU KNOW, WE HAD THE CONTRACT AWARDED.

WE DID KICK THE PROJECT OFF. ONE OF THE THINGS THAT KIND OF GOING BACK TO THE QUESTION RELATIVE TO HOW THE THAT DATA WILL BE USED.

SO WE HAVE A FEW THINGS. WE HAVE THE COMPREHENSIVE PLAN DATA.

WE HAVE ALL OF THE SURVEYS. WE HAVE THE POGO RESIDENT SURVEY THAT WAS CONDUCTED, YOU MIGHT RECALL, IN 2024 AS WELL. SO A TON OF WORK WENT INTO THE COMMUNITY FEEDBACK PIECE, AND WE HAVE PROVIDED ALL OF THAT TO THE CONSULTANTS.

AS YOU YOU ALL MAY RECALL, WE WERE SORT OF TALKING ABOUT IT EARLIER, BUT THE PUBLIC ENGAGEMENT PIECE FOR THAT, WE WERE AT THE SUMMER CONCERT SERIES. WE WERE AT THE ALL THE EVENTS, THE OPEN HOUSES AND SO FORTH.

SO WE GOT GREAT FEEDBACK AND IT WAS RECENT FEEDBACK.

SO THEY HAVE ALL OF THAT AND THEY'LL BE ABLE TO TAKE A LOOK AT IT.

AS WELL AS THE FORMER I GUESS THE CURRENT ED STRATEGIC PLAN THAT WE HAVE POSTED AND ALL OF THAT INFORMATION.

SO THAT I THINK IS A GOOD WAY TO PUT IT AS AS THE BASE.

AND IT'S VERY LIKELY THAT THEY END UP IDENTIFYING, YOU KNOW, AGAIN, SO YOU HAVE THE 30,000 FOOT VIEW FOR THE COMP PLAN AND THEN THE MUCH MORE DRILLED DOWN ECONOMIC DEVELOPMENT PIECE. SO THAT'S MORE OF OUR ORDERING, OUR STEPS, OUR WORK PLAN KIND OF THE FIVE YEAR LOOK.

BUT THEN REALLY LIKE THE ONE YEAR DRILL DOWN INTO THESE ARE THE THINGS THAT WE'LL DO TO ACCOMPLISH THOSE GOALS.

SO THE FEEDBACK EFFORT FOR THE STRATEGIC PLAN WILL LOOK DIFFERENT THAN THE COMPREHENSIVE PLAN.

BUT USING ALL OF THAT DATA, ALL OF THOSE INPUTS, WE'VE WE'VE PASSED THAT ALONG TO THEM AND THEY THEY HAVE EVERYTHING.

SO FORTUNATELY FOR US, WE YOU KNOW, JUST DID THIS EFFORT.

SO WE WERE ABLE TO PASS THAT ALONG. SO IN A VERY BASIC SENSE, THE COMPREHENSIVE PLAN IS A, LIKE YOU SAID, 30,000 FOOT VIEW. AND THESE CONSULTANTS ARE TALKING ABOUT WHAT DO WE HOW DO WE GET STARTED? AND THEY'RE TALKING ABOUT YOU KNOW, GETTING STARTED IN A MUCH SHORTER TIME FRAME.

YEAH. YOU HAVE YOU HAVE A SECTION OF THE COMPREHENSIVE PLAN DEDICATED TO ECONOMIC DEVELOPMENT, RIGHT A FEW PAGES AND THEN SOME RECOMMENDATIONS.

THE PLAN REFERENCES CONDUCTING A MORE ROBUST STRATEGIC PLANNING EFFORT.

SO SOME OF THOSE ECONOMIC DEVELOPMENT RECOMMENDATIONS, SOME OF THE PLACEMAKING RECOMMENDATIONS, IT'LL REFER TO THINGS LIKE, YOU KNOW, YOU MIGHT NEED FUTURE STUDY OR FURTHER STUDY OR FURTHER ANALYSIS INTO THESE THINGS.

AND SO THAT'S WHERE IN THE IN THE ECONOMIC DEVELOPMENT PLAN WE MIGHT DRILL DOWN DEEPER INTO ZONING.

LOOK AT USES DO THE USES ALIGN IN OUR CURRENT ZONING TEXT WITH WHAT WE WANT AS IDENTIFIED IN THE FUTURE LAND USE PLAN.

LIKE IS THERE CONSISTENCY WITH WHAT WE SAY THAT WE WANT AND WHAT THE REGULATIONS ARE THAT ARE IN PLACE, JUST AS AS ONE EXAMPLE. SO IT'LL BE A MUCH MORE DETAILED WORK, WORK PLAN, IF YOU WILL.

[00:15:04]

OKAY. IMPLEMENTATION WILL BE A COMPONENT. IMPLEMENTATION IS A COMPONENT OF THE COMPREHENSIVE PLAN.

THE THE CHAPTER TEN IS THE IMPLEMENTATION MATRIX.

AND YOU HAVE THE RECOMMENDATIONS AND THE POLICY.

AND THEN THE, YOU KNOW, THE STEPS TO ESSENTIALLY WHAT IS EXPECTED OF THAT ITEM TO BE CONSIDERED IMPLEMENTED.

SO BUT BUT YES, THE ECONOMIC DEVELOPMENT PLAN WILL BE MUCH, MUCH MORE SPECIFIC TO WHAT WE'RE DOING HERE.

A COUPLE OTHER JUST THINGS. LOCAL BUSINESS GRANT PROGRAM.

WE WORKING WITH YOU ALL CREATED THAT PROGRAM, KICKED IT OFF.

DENISE HAD AN UPDATE FROM THE DETROIT CUSTOM, WHO IS IN THE PROCESS OF I THINK THEY'VE INITIATED THEIR PROJECT.

THEY APPLIED FOR LOCAL BUSINESS GRANT, SO THEY'RE TAKING ADVANTAGE OF THAT.

PUT TOGETHER OUR FIRST ANNUAL DEVELOPMENT REPORT FOR CALENDAR YEAR 23.

WE'RE WORKING ON CALENDAR YEAR 2024 REPORT. EXCITED ABOUT THAT.

CERTAINLY. INFRASTRUCTURE REIMBURSEMENTS. WE'VE HAD A BUSY YEAR WITH REGARD TO INFRASTRUCTURE REIMBURSEMENTS AND INCENTIVE AWARDS THIS PAST COUPLE OF YEARS.

THE TASTE OF SUCCESS EVENT IS DENISE PRESENTED ON AS JUST A BUSINESS RETENTION BUSINESS ENGAGEMENT.

OPPORTUNITY THAT WE WERE ABLE TO PUT ON. BUSINESS APPRECIATION BREAKFAST AGAIN, ONE OF THOSE JUST TOUCH POINTS WITH OUR BUSINESSES.

ABLE TO SURVEY THEM AFTER THE EVENT AND GET SOME FEEDBACK ON ON KIND OF BEST PRACTICES MOVING FORWARD.

THE FARMERS MARKET IS SOMETHING WE'VE CONTINUED. SACHSE ROAD TURN BACK AS WE'VE DISCUSSED AND CONTINUED INVESTMENTS INTO THE FIFTH STREET AREA, AND THEN ICSC AT RED RIVER, JUST THE TRADE SHOWS AND PITCHING SACHSE AND TALKING WITH BROKERS AND COMMERCIAL REAL ESTATE FOLKS TO KIND OF POSITION OURSELVES AND BASICALLY BE PART OF THE CONVERSATION RELATIVE TO AS RETAILERS ARE LOOKING TO EXPAND, HOW CAN WE BE KIND OF AT THE FOREFRONT? SO JUST SOME OF THE RECENT ACCOMPLISHMENTS, AND AGAIN, THE BUDGET AUTHORIZATION ENABLES US TO TO DO THESE THINGS.

THE REVENUES AND EXPENDITURES, AS WE ALWAYS DO WE TAKE A LOOK.

SO THE THE CHART HERE, YOU CAN SEE THE FY 2023 ACTUAL REVENUES, EXPENDITURES, THE FY 2024 ACTUAL REVENUES AND EXPENDITURES. AND OF COURSE YOU CAN SEE IN THE GREEN FILL CELL, THE THE DELTA ESSENTIALLY THE REVENUES LESS EXPENDITURES.

SO YOU DO SEE A SURPLUS IN FY 23 AND 2024. AND THEN LOOKING AT FY 2025 WE HAVE INFORMATION THROUGH 6/18. SO WE'RE CERTAINLY NOT FINISHED. WE DON'T HAVE AUDITED NUMBERS THROUGH THE END OF THE YEAR.

BUT KIND OF THE SNAPSHOT IN TIME OF WHERE WE'RE AT RELATIVE TO REVENUES AND EXPENDITURES, YOU CAN SEE REVENUES LESS EXPENDITURES IS A LITTLE BIT DIFFERENT.

PART OF THAT IS WE'VE HAD A NUMBER OF INCENTIVES THAT WE'VE BEEN PAYING OUT AS WE BUDGETED FOR REALLY KIND OF FOR THE FIRST TIME IN FY 2025, INCLUDING THOSE IN THE BUDGET, SO THAT WE HAD ESSENTIALLY ACCOUNT WE WERE ACCOUNTING FOR THOSE DOLLARS AND WOULDN'T HAVE TO POTENTIALLY COME BACK FOR A BUDGET AMENDMENT, IF YOU WILL. SO THE DOLLARS WERE INCLUDED IN OUR BUDGET.

AND THEN OF COURSE, FY 2026, YOU CAN SEE THE PROJECTION THERE.

YOU CAN SEE REVENUES. THE BUCKS SORT OF IN THE MIDDLE LEFT THERE IS THE REVENUES FOR FY 2026 TO GIVE YOU AN IDEA OF WHAT THAT CONSISTS OF.

SO THE SALES TAX PROJECTION AGAIN THIS IS JUST A PROJECTION.

THE GISD GRANT. EVERY YEAR WE WE WORK WITH GISD WE HAVE AN MOU WITH THEM THAT WE EXECUTE.

SO THERE'S THAT $10,000 GRANT TO HELP SUPPORT EDUCATION FOUNDATION PROGRAMS AND THEN INTEREST INCOME AGAIN, WHICH HAS BEEN A WONDERFUL SOURCE OF REVENUE FOR US OVER THE PAST FEW YEARS.

SO AGAIN, I SAY IT ALL THE TIME, BUT CREDIT TO OUR FINANCE TEAM FOR MAKING A WISE USE OF, OF, OF OUR DOLLARS. THIS IMAGE HERE WITH THE BOX, IT'S FROM OUR BALANCE SHEET.

THIS WAS IN THE PACKET THAT WENT OUT THIS PAST WEEK.

BUT YOU CAN SEE THERE AND WHEN YOU LOOK AT THE TOP TWO, THE CASH AND INVESTMENTS, OUR BALANCE OF CASH IN INVESTMENTS REPRESENTS LIQUID ASSETS SO CLOSE TO $6 MILLION ESSENTIALLY IN FUND BALANCE.

THAT DOES NOT INCLUDE THE THE LAND WE DON'T VALUE, WE DON'T INCLUDE, WE DO INCLUDE IT AS PART OF OUR ASSETS.

BUT JUST FOR THIS NUMBER TO MAKE IT SIMPLE MATH, ABOUT $6 MILLION IN CASH THAT WE HAVE ON HAND, NOT NOT INCLUDING THE THE LAND VALUATION. SO AGAIN, WE'RE LOOKING WITH FY 2026 AT OUR EXPENDITURES EXCEEDING REVENUES DUE TO ACCOUNTING FOR INCENTIVE PAYOUTS.

AND I WILL SAY TOO AS I MAKE THIS COMMENT, EVERY, EVERY MEETING, IT SEEMS LIKE ANY OF OUR DOLLARS THAT DON'T GET UTILIZED.

[00:20:02]

SO JUST BECAUSE IT SAYS $2.2 AND $2. 2 MILLION IN EXPENDITURES THAT DOESN'T NECESSARILY MEAN THAT'S WHAT IT'S GOING TO BE, BECAUSE, AGAIN, WE HAVE PERFORMANCE STANDARDS AND CLAWBACKS IN ALL OF OUR DEVELOPERS AGREEMENTS THAT HAVE TO BE HIT.

SO THAT IS THE REVENUES AND EXPENDITURES YOU CAN SEE THERE IN FY 2025.

OUR SALES TAX PROJECTION WAS A LITTLE BIT HIGHER $1.6.

SO THAT'S BEEN CORRECTED A LITTLE BIT. MOVING FORWARD TO FY 2026, A LITTLE BIT LOWER IN SALES TAX COLLECTION IS PROJECTED FOR FY 2026.

LET ME STOP THERE. ANY QUESTIONS BY ANY OF THOSE NUMBERS MAKE SENSE TO EVERYONE.

HOPEFULLY THAT. OKAY. I JUST WANT TO MAKE SURE WE DON'T GET TOO FAR IN AND SAY, WAIT A MINUTE.

GO BACK. YES, SIR. PLEASE INTERRUPT STOP ME WHENEVER YOU ALL NEED ANY QUESTIONS.

I THINK THIS, THIS SLIDE IS, IS A NEAT SORT OF ILLUSTRATION.

THIS IS FROM A PRESENTATION THAT I RECENTLY GAVE AT THE CHAMBER AND IN SACSHE YOUR PROPERTY TAXES HAVE GONE DOWN WHILE YOUR SALES TAX COLLECTIONS HAVE GONE UP.

SO IF YOU LOOK BACK TO 2018, THIS IS THIS IS OF COURSE ALL FUNDS.

RIGHT. THIS IS NOT JUST THE EDC FUND. I WOULD LOVE IT IF WE HAD $6.4 MILLION.

JUST EDC FUNDS BE AWESOME THAT MAKE THAT MAKE BUSINESS ATTRACTION A LITTLE BIT EASIER WOULDN'T IT? YEAH. SO THIS REPRESENTS ALL FUNDS AS YOU KNOW MGD STREETS MAINTENANCE GENERAL FUND AND EDC PORTION.

SO FROM JUST FROM 2018 TO YOU KNOW WHAT WE PROJECTED.

IN FACT, WE'RE JUST EVEN LOOKING AT WHAT WAS ACTUAL IN 2024 A PRETTY SIGNIFICANT INCREASE IN JUST A FEW YEARS OF SALES TAX REVENUE, WHICH IS WHICH IS A GREAT TESTAMENT, I THINK, TO THE WORK THAT THE COUNCIL AND EDC HAVE DONE TO TO MAKE INVESTMENTS INTO OUR YOU KNOW, INFRASTRUCTURE THAT SUPPORTS THESE BUSINESSES AND SO FORTH.

SO SALES TAX COLLECTIONS CONTINUE TO GO UP, WHICH IS EXCITING.

FY 2026 GOALS. SO WHEN WHEN TALKING ABOUT THE THE BUDGET FOR THIS COMING YEAR, SOME OF THE THINGS THAT WE'RE LOOKING AT AND IT'S IT'S INTERESTING BECAUSE YOU HAVE THIS SORT OF THROUGH LINE RIGHT NOW, YOU HAVE THE COMP PLAN AND THEN THE ONGOING ECONOMIC DEVELOPMENT STRATEGIC PLAN.

SO THAT'S GOING TO, AS I MENTIONED, KIND OF ORDER OUR STEPS IN TERMS OF THINGS THAT WE GO AFTER, YOU KNOW, RETAIL ANALYSIS AND TARGET INDUSTRIES, THAT SORT OF THING.

SO THAT WILL BE SOMETHING THAT THAT'LL BE ONGOING.

IT'LL GET ADOPTED AND WE'LL HAVE VERY CLEAR IMPLEMENTATION STEPS.

BUT IN THE MEANTIME WE'RE STILL GOING TO DO THE WORK.

WE'RE STILL GOING TO DO ECONOMIC DEVELOPMENT, EVEN THOUGH THAT PLAN IS IN THE WORKS.

SO I MENTIONED ICSC SO CONTINUING SUCCESSFUL EFFORTS SUCH AS PARTICIPATING IN, IN THAT THAT TRADE SHOW, LOOKING FOR A NEW AND MEANINGFUL OPPORTUNITIES FOR RECRUITMENT FOR MARKETING, SPONSORSHIP, ADVERTISING. SO THERE'S YOU KNOW, WE KNOW THAT A BIG TARGET FOR THE CITY OF SACHSE IS A DESTINATION ENTERTAINMENT ENTERTAINMENT TYPE USER.

AND SO LOOKING AT WHAT OPPORTUNITIES ARE THERE FOR US TO GO AND BE OUT IN FRONT OF THOSE TYPES OF BUSINESS OWNERS AND INVESTORS, INCREASING NAME AND BRAND RECOGNITION AND SACHSE ATTENDING, BEING ON PANELS TO TALK ABOUT THE RETAIL IN OUR AREA, SITTING ON COLLIN COUNTY SUMMITS, GOING AND ESSENTIALLY JUST TALKING WITH WITH THE CRE COMMUNITY ABOUT WHAT'S GOING ON HERE, REACHING OUT TO THEM. SO FOSTERING THOSE RELATIONSHIPS WITH DESIGN GROUPS, WITH BUILDERS, WITH DEVELOPERS, WITH THEIR TARGET INDUSTRIES FUNDING APPROVED ECONOMIC DEVELOPMENT INCENTIVE PROJECTS.

SO AGAIN, WE HAVE WE HAVE THOSE ITEMS THAT WE WERE WERE APPROVED.

YOU HAVE SOME ONGOING SALES TAX REIMBURSEMENTS AND THEN YOU HAVE SOME INFRASTRUCTURE GRANTS.

SO AGAIN, ASSUMING THAT THOSE TARGETS GET HIT, PAYING THOSE OUT ACCORDING TO THOSE THOSE THOSE AGREEMENTS.

BUSINESS RETENTION AND EXPANSION EFFORTS. SO I THINK THE TASTE OF SACHSE WAS WAS A COOL EVENT.

IT WAS AN EVOLUTION OF THE SHOP LOCAL EVENT WE DID THE PRIOR YEAR, AND WE HOPED TO BUILD UPON THAT AND GROW IT.

IT WAS INTERESTING BECAUSE, YOU KNOW, THE WEEK OR TWO AFTER TASTE OF SACHSE AND ENDED LIKE THREE NEW RESTAURANTS OPENED, RIGHT? YOU HAD KEKI BAKERY, DK'S DONUTS, AND NOW SAYFANI COFFEE AT THE BUNKER HILL RETAIL DEVELOPMENT IS NOW THEY'VE [INAUDIBLE] OPENED.

SO IF YOU HAVEN'T BEEN THERE YET IT'S GREAT. BUT SO INCREASING THAT EFFORT, GETTING MORE BUSINESSES INVOLVED AND THEN IMPLEMENTATION OF THE COMPREHENSIVE PLAN.

SO YOU'VE GOT THE DEVELOPMENT OF THE 5TH STREET DISTRICT.

WE DO HAVE WE'VE BEEN PUTTING ASIDE FUNDING NOT NOT EVEN JUST THROUGH TIRZ THREE, BUT WITHIN OUR OUR EDC FUND,

[00:25:06]

SO, FOR EXAMPLE, THIS PAST FISCAL YEAR, WE SET ASIDE $200,000.

THIS COMING YEAR, WE HAVE BUDGETED TO SET ASIDE $200,000 FOR DRAINAGE TYPE IMPROVEMENTS AND THINGS LIKE THAT STREET ENHANCEMENTS, AND THEN JUST DIFFERENT REDEVELOPMENT OPPORTUNITIES.

SO A BIG FOCUS OF THE COMPREHENSIVE PLAN WAS HIGHWAY 78, AS YOU KNOW.

SO THERE'S A NUMBER OF OPPORTUNITIES FOR FOR CORRIDOR PLANNING, GATEWAY PLANNING.

ONE OF THE THINGS THAT WE'VE DONE, AND I'LL SHOW THIS ON ANOTHER SLIDE, BUT WE'VE SET ASIDE SOME DOLLARS FOR A POTENTIAL WAYFINDING CORRIDOR URBAN DESIGN STUDY.

SO SOMETHING TO YOU'VE GOT THE KIND OF BIG PICTURE THAT WE'VE LOOKED AT FOR FOR HIGHWAY 78.

AND THEN HOW CAN WE DRILL DOWN AND REALLY SORT OF ESTABLISH SOME NEXT STEPS RELATIVE TO IMPROVING THAT THAT AREA, ESPECIALLY WITH THE TIRZ NOW GOING INTO ITS FOURTH YEAR OF COLLECTING REVENUE.

THE TIRZ IS WHAT PAYS FOR THAT, THOSE THINGS OR IS IT? THE TIRZ SO THAT THE TIRZ NUMBER THREE TAX INCREMENT REINVESTMENT ZONE THREE WHICH CITY COUNCIL IS THE TIRZ THREE BOARD.

BUT WHEN WE ESTABLISHED THAT AT THE VERY END OF 2021 AND SO 2022, 2023 AND NOW 2024, MONEY HAS BEEN PUT INTO THE FUND FOR PROJECTS WITHIN THAT GEOGRAPHIC BOUNDARY.

SO IT'S WE CALL IT THE HIGHWAY 78 TIRZ. RIGHT.

SO TO DATE, NO DOLLARS HAVE BEEN SPENT OUT OF THE TIRZ.

BUT THERE ARE A NUMBER OF PROJECTS THAT WERE IDENTIFIED IN THE PROJECT AND FINANCE PLANS, SUCH AS YOU KNOW, FACADE IMPROVEMENTS, DRAINAGE STREETS, THAT SORT OF THING.

SO IT'S BUILDING UP FUNDS. IT'S A 30 YEAR LIFETIME FOR THAT, THAT FUND.

I WISH IT WAS I WISH WE WOULD HAVE HAD IT 12 YEARS AGO OR 13 YEARS AGO, BUT SO IT'S JUST KIND OF NOW GETTING STARTED AND BUILDING UP FUNDS.

WE HAVEN'T SPENT ANYTHING IN IT YET, AND THAT'LL BE A COUNCIL DIRECTIVE ON HOW WE DO THAT.

BUT OKAY. YEAH, THAT'S THAT'S THE TIRZ. IT CAN FUND PROJECTS IN THAT ZONE OKAY.

SO FROM A REVENUE AND EXPENDITURE STANDPOINT AGAIN THE THE BUDGET WORKSHEET WAS INCLUDED IN THE PACKET.

SO YOU YOU PROBABLY SAW SOME INCREASES. AND I'M JUST HIGHLIGHTING SOME OF LIKE THOSE NOTABLE BASE BUDGET INCREASES.

SO RELATIVE TO COMMUNITY RELATIONS AGAIN AS I MENTIONED, WE SPONSOR THE RED, WHITE AND BLUE BLAST FIRE A PORTION OF THAT.

AND JUST DUE TO, YOU KNOW, INFLATION AND WHATEVER IT MAY BE, THAT THAT PRICE HAS GONE UP.

SO THAT COMMUNITY RELATIONS LINE ITEM HAS GONE UP, I BELIEVE IT WAS $4,000 TO ACCOUNT FOR THE ADDITIONAL COST OF PROVIDING THOSE FIREWORKS.

SOFTWARE LICENSING. SO WE WE HAVE ACCESS TO A A ZACK TAX.

SO IT'S A IT'S A SALES TAX CONSULTANT AND A SUBSCRIPTION, SOMETHING THAT WE ARE INCLUDING IN OUR BUDGET.

SO $5,000 THERE THAT IT'S A IT'S A TOOL THAT WE'VE HAD AND WE WE'RE WE'RE GOING TO PROGRAM IT INTO THE BUDGET JUST TO ACCOUNT FOR THAT USE THE USE OF THAT TOOL THAT WE USE. I'D MENTIONED TRANSFERRING OUT.

SO SETTING ASIDE FUNDS FOR FUTURE PROJECTS. SO THE WAYFINDING AND DESIGN PLAN, THE TRAFFIC SIGNAL STUDY, WHAT WE'RE DOING IS I'VE BEEN TALKING WITH PUBLIC WORKS ABOUT SETTING SOME DOLLARS ASIDE FOR A TRAFFIC SIGNAL STUDY AT HIGHWAY 78 AND COUNTRY CLUB.

AS YOU ALL KNOW, THERE IS NOT A SIGNAL THERE, AND I THINK IT COULD IT COULD REALLY BE BENEFICIAL FOR THAT, NOT ONLY THE COMMERCIAL DEVELOPMENT, BUT JUST FOR THE RESIDENCES THAT ARE RESIDENTS THAT ARE LEAVING AND TRYING TO INGRESS AND EGRESS.

SO SETTING ASIDE SOME, SOME DOLLARS TO CONTRIBUTE TO THAT PROJECT, BECAUSE THERE IS A VERY MUCH AN ECONOMIC DEVELOPMENT PIECE COMPONENT TO THAT.

AND THEN AGAIN, AS I'VE NOTED, CAPITAL PROJECTS IN 5TH STREET DISTRICTS. SO PUTTING ASIDE SOME DOLLARS FOR, YOU KNOW, IN THE EVENT WE WANT TO DO THE NEXT PHASE OF DRAINAGE IMPROVEMENTS, WE KNOW WE'VE HANDLED THE FIRST 2.4 ACRES OF OF UNDERGROUND DETENTION.

BUT IF WE DO START MOVING FORWARD AND WANT TO START HANDLING THE, YOU KNOW, ADDITIONAL FOUR ACRES WORTH OF DRAINAGE THAT WE'VE GOT TO ACCOUNT FOR WE'RE JUST KIND OF PUTTING MONEY ASIDE IN A CAPITAL PROJECT TO ALLOW FOR THAT.

SO PUBLIC WORKS, AGAIN, WE WE COORDINATE WITH THEM TO SET SOME, SOME FUNDING ASIDE BETWEEN THE CITY AND THE EDC.

POSTAGE, AGAIN, THIS IS KIND OF LIKE NITPICKY, BUT WE JUST INCREASED THAT.

I BELIEVE A $1,000 TO ACCOUNT FOR HOW WE'VE BEEN USING POSTAGE.

THE NUMBER I THINK WE WE HAD A LITTLE BIT LOW.

AND SO WE BUMPED THAT I BELIEVE FROM $1,000 TO $2,000.

WEB PAGE SERVICES, THIS ONE WENT UP A COUPLE HUNDRED DOLLARS.

WE BOUGHT SOME WEB DOMAINS. IT'S, YOU KNOW, IF YOU'RE NOT TELLING YOUR STORY, SOMEBODY ELSE WILL.

[00:30:08]

SO, FOR EXAMPLE, IF YOU WERE TO TYPE I BELIEVE IT'S VISIT SACHSE.COM, THAT WAS SOMETHING THAT WE DIDN'T HAVE AND NOW WE DO WE OWN IT.

IT'S VERY COMMON FOR COMMUNITY CITIES TO HAVE THAT THAT WEB ACCESS OR THEIR CONVENTION VISITORS BUREAU TO HAVE THAT.

AND WHAT WE DIDN'T WANT WAS FOR SOMEBODY ELSE TO HAVE IT AND US NOT BE ABLE TO.

YEP. 5TH STREET DISTRICT INCREASED DOLLARS FOR MAINTENANCE AND ACTIVATIONS.

I ACTUALLY PROBABLY NEED TO GET SOMEBODY OUT THERE TO CUT A CUT DOWN SOME TREES.

SAW SOME TREES AFTER THE STORMS WE HAD RECENTLY.

BUT BUMPING THAT UP A LITTLE BIT WE PAY FOR OUR PORTION OF JUST THE EVERY TWO WEEKS MOWING KEEPING THAT THAT PROPERTY LOOKING LOOKING GOOD GENERAL MAINTENANCE AS IT COMES UP AND THEN UNIFORMS AND ACCESSORIES WE INCREASED THAT BY $150.

SO WE TYPICALLY WILL GET SHIRTS AND THINGS FOR OUR BOARD MEMBERS AND STAFF EVERY SO OFTEN AS WE'RE WE'RE OUT AND ABOUT QUITE A BIT.

AND AGAIN IN THE WEEDS HERE BUT JUST A COUPLE OTHER YOU KNOW, NOTABLE BASE BUDGET DECREASES.

SO OFFICE SUPPLIES WE'RE REDUCING THAT A COUPLE THOUSAND DOLLARS.

WE, WE, WE OPERATE VERY LEAN AND WE SHARE QUITE A BIT WITH THE, THE SECOND FLOOR OF THE CITY MANAGER'S OFFICE.

SO WE CONTRIBUTE TO OFFICE SUPPLIES WHERE WE CAN.

WE'RE JUST PRETTY MUCH THERE. ADVERTISING AND LEGAL PUBLICATIONS.

THAT LINE IS DROPPING A FEW THOUSAND DOLLARS.

AND THEN ONE OF THE THINGS THAT YOU MIGHT HAVE SEEN, IF YOU WERE JUST LOOKING THROUGH THE BUDGET, YOU MIGHT HAVE SEEN A TRANSFER OUT TO GENERAL FUND. I'VE ALREADY SPOKEN TO FINANCE ABOUT THIS, BUT THAT $23,000 WAS FOR THE VEHICLE LAST YEAR, SO IT'S GOING TO BE CUT. SO $23,233 FOR THE VEHICLE THAT THEY'RE GOING TO JUST REMOVE THE EXPENSE.

WE'VE ALREADY PAID FOR IT. YEAH. SO AGAIN NEXT STEPS WOULD BE TO RECEIVE ANY INPUT AND KIND OF GATHER THAT INPUT FROM YOU ALL MAKE EDITS, CONTINUE TO REFINE AND THEN BRING IT BACK FOR CONSIDERATION AND FINAL APPROVAL IN AUGUST.

THIS IS THE BUDGET CALENDAR. THE AS YOU CAN SEE EDC BOARD WILL TAKE THEIR ACTION.

AND THEN, OF COURSE, ALL OF OUR BUDGET AUTHORIZATION COMES FROM CITY COUNCIL APPROVAL OF THE EDC AND CITY BUDGET WRIT LARGE.

SO THE COUNCIL, ONCE THEY'VE ADOPTED THE BUDGET, THEN WE'VE GOT OUR FUNDING AUTHORIZATION FOR FISCAL YEAR 2026.

SO YOU CAN SEE SOME OF THE UPCOMING THINGS THAT PARTICULARLY WITH REGARD TO BUDGET WORKSHOPS AT COUNCIL PRESENTATION OF THE BUDGET TO COUNCIL, SOME OF THOSE DATES HIGHLIGHTED ON THIS SLIDE.

SO THAT ENDS THAT ENDS MY MY PRESENTATION PREPARED REMARKS.

BUT AGAIN THE BUDGET WORKSHEET WAS INCLUDED IN THE PACKET AND WAS POSTED WITH THE AGENDA.

AND SO IF THERE'S ANYTHING YOU ALL WOULD LIKE TO GET INTO DEEPER, I'M HAPPY TO ANSWER TP.

QUESTIONS FROM ANYBODY. OKAY. GO FOR THE VEHICLE REPAIRS AND MAINTENANCE.

NOW THAT WE SHARE THE VEHICLES, SHOULDN'T THE COST BE LESS? I MEAN, I KNOW IT'S LIKE MINIMAL, BUT. YEAH. SO ONE OF THE THINGS WE, AS PART OF THAT CAR WE EDC IS HANDLING THE, THE MAINTENANCE THAT WAS PART OF THE ESSENTIALLY THE DISCUSSION.

SO WE KEPT THAT LINE CONSISTENCE, OIL CHANGES, THINGS LIKE THAT.

NOW RELATIVE TO TOLLS AND THINGS THAT WILL BE DISTRIBUTED BASED ON WHO IS DRIVING THE VEHICLE.

SO IT WON'T JUST BE THE EDC FUND PAYING FOR THE TOLLS, IT'LL BE WHOEVER THAT DEPARTMENT WAS.

OKAY. I HAVE A QUICK QUESTION. MORE JUST OUT OF CURIOSITY.

SO THE ADVERTISING, LEGAL PUBLICATIONS. EXCUSE ME, IT'S GOING DOWN ABOUT $7,000.

JUST CURIOUS WHY? YES, MA'AM. SO WE HAD SET ASIDE FUNDING AS AS YOU.

YOU'RE NEWER TO THE TO THE BOARD, BUT WE WERE NEGOTIATING WITH THE MASTER DEVELOPER, AND THOSE NEGOTIATIONS KIND OF CAME TO A STANDSTILL.

AND SO ONE OF THE THINGS THAT WE DID WAS WE INCLUDED SOME FUNDING IN THE ADVERTISING AND LEGAL PUBLICATIONS BUDGET SPECIFICALLY FOR 5TH STREET DISTRICT PROMOTIONAL ADVERTISING. SO IN THE EVENT THAT WE HAD TO, YOU KNOW, PRINT LIKE THE CIP SIGNS THAT YOU SEE.

RIGHT. YEAH. COMING SOON OR PUT AD SPOTS IN DBJ OR SOMETHING.

[00:35:04]

OKAY, PERFECT. THE OTHER QUESTION WHY IS OUR GENERAL TRANSFER OUR TRANSFER OUT TO GENERAL FUNDS.

WHY IS THAT INCREASING HIGHER FOR NEXT YEAR IF WE'VE DONE THE COMPREHENSIVE PLAN? OUR STRATEGIC PLAN. BUT SO IT'S BEING PAID OUT FROM OKAY.

SO FOR THE TRANSFER OUT. CORRECT. WE HAVE IN THE IN THAT IN THAT FUND YOU CAN SEE IT WENT UP THE PROPOSED IS $375 AND THE ORIGINAL WAS $350.

SO WE'RE PUTTING THE PROPOSING TO PUT $200,000 TRANSFER OUT FOR CAPITAL PROJECTS FOR SACHSE ROAD PARKING LOT DETENTION, TRAFFIC SIGNAL DESIGN. SO AGAIN, SPLITTING THAT WITH PUBLIC WORKS, WE ARE PROPOSING TO PUT $100,000 IN FOR THAT.

AND THEN FOR THE WAYFINDING GATEWAY CORRIDOR URBAN DESIGN PLAN.

IT'S A SET ASIDE FUTURE FUNDING FOR A PORTION OF THE STUDY.

WE HAVEN'T I HAVEN'T TALKED WITH THE GENERAL FUND ABOUT HOW THAT WOULD WOULD BE FUNDED, BUT I JUST THOUGHT IT MIGHT BE BENEFICIAL TO GO AHEAD AND SET ASIDE SOME FUNDING BECAUSE AS WE KNOW, THESE THESE STUDIES ARE EXPENSIVE.

AND MAYBE IT TAKES THE THE PRESSURE OFF IN FUTURE YEARS AS OPPOSED TO HAVING TO FUND THE WHOLE THING.

THERE'S SOME DOLLARS THAT ARE ALREADY PUT ASIDE. SO THAT'S 75,000.

EXCUSE ME FOR THAT. SO THE COMPREHENSIVE PLAN YES, THAT IS DONE.

WE HAVE THAT WON'T BE INCLUDED IN THE NEXT BUDGET YEAR.

THANK YOU. DO WE HAVE TO WITH THE LOCAL BUSINESS GRANT? WE DON'T HAVE TO GO BACK AND GET APPROVAL YEAR BY YEAR ON THAT SINCE IT'S ALREADY DONE.

AND THAT'S JUST NOW PART BECAUSE WHEN WE PUT IT IN ORIGINALLY WE HAD TO ADD THAT AND GET BECAUSE IT WAS A BUDGET AMENDMENT.

BUT NOW THAT IT'S THERE THAT'S NOT SOMETHING WE HAVE TO RE-UP.

SO. NO, SIR. THE WHAT WE DO EACH YEAR OR WHAT WE HAVE DONE IN THE PAST COUPLE OF YEARS SINCE THE PROGRAM WAS ESTABLISHED, IS WE'VE PUT $100,000 IN FOR THAT LOCAL BUSINESS GRANT PROGRAM IS, AS THE BOARD RECALLS, IT'S UP TO $25,000 NOT TO EXCEED FOR 75% MATCH, ESSENTIALLY ON A QUALIFIED PROJECT.

WE DO NOT HAVE TO BRING WE HAD A PUBLIC HEARING FOR THAT THOSE FIRST $100,000, RIGHT? SO ONCE ONCE WE'VE HIT THAT $100,000, WE'LL BRING IT BACK AND WE'LL HAVE TO HAVE ANOTHER.

THAT'S OKAY. BUT AS FAR AS THE WE DO GET BUDGET AUTHORIZATION FROM THE CITY COUNCIL EACH YEAR.

IT'S NOT LIKE A ROLLING $100,000 TO YOUR POINT.

THIS ISN'T A DISCUSSION FOR TODAY, BUT IT MAY NEED TO BE FOR A FUTURE ONE.

I WONDER, DO WE NEED TO EXPAND GEOGRAPHICALLY WITH THAT? TALK A LITTLE MORE ABOUT THAT BECAUSE WE'VE HAD IT NOW FOR 18 MONTHS.

YES, SIR. ISH. I'D LIKE TO BE SOMETHING WE CAN TALK ABOUT AND SAY MAYBE WE EXPAND BECAUSE WE WERE VERY, VERY SPECIFIC ON IT. I'M GLAD WE GOT THE MONEY THERE.

WE DON'T HAVE TO GO BACK THROUGH. BUT IF WE CAN PUT THAT A FUTURE.

YOU JUST BROUGHT THAT TO MIND AS WE'RE LOOKING AS I LOOKING THROUGH THIS. AGAIN, THAT WOULD BE BUT IT'S NOT FOR THAT'S NOT FOR TODAY'S DISCUSSION.

YEAH I'D BE HAPPY TO TO PUT THAT ON A FUTURE AGENDA, TO LOOK THROUGH RECAP, SORT OF THE CURRENT PROGRAM GUIDELINES, AND THEN WE CAN TALK ABOUT HOW TO PERHAPS EXPAND IT.

AND THEN THE ONLY OTHER ONE THAT HIT MY EYE. WE TALKED PREVIOUSLY, BUT IT WAS THE COMMUNITY RELATIONS AND SPECIAL WE HAVEN'T USED A LOT OF IT.

IT'S IN THIS CATEGORY 42. THAT IS WELL, THAT'S ACTUALLY WHERE THE RED WHITE BLUE BLAST COMES OUT OF, DOESN'T IT? YES, SIR. OKAY. THAT'S WHY. OKAY.

NEVER MIND. SO AND FOR THAT BECAUSE WE HAVEN'T THAT ONE HAS NOT COME THROUGH AS OF THIS PRINTING AS AN EXPENSE FOR THIS FISCAL YEAR.

YES. YEAH. ANY ANYTHING BETWEEN. YEAH. BETWEEN OCTOBER 1ST AND SEPTEMBER 30TH WOULD COME FROM THIS LINE.

SO I'M NOT SURE WHEN THEY PAY THAT INVOICE OR WHATEVER IT MIGHT BE, BUT BUT ONE OF THE THINGS TO KNOW I'M GLAD YOU BROUGHT THAT UP BECAUSE WE OBVIOUSLY PUT MONEY ASIDE FOR CERTAIN SPONSORSHIPS, BUT WE ALSO HAVE THE MISCELLANEOUS SPONSORSHIPS AND COMMUNITY EVENTS LINE.

SO AS YOU KNOW, WE HAVE THE SPONSORSHIP POLICY.

YES. WE ESTABLISHED A FEW YEARS AGO, AND THAT WE HAVE A $20,000 KIND OF SET ASIDE FOR FOLKS THAT COME IN, REQUEST THOSE TYPES OF SPONSORSHIPS. YES. AND SO IF THEY DON'T GET REQUESTED, WE'RE NOT REALLY WE'RE JUST NOT USING IT.

RIGHT. SO. OKAY. SOMETIMES YOU JUST GOT TO SPEAK IT OUT LOUD THAT IT COMES TO YOU.

[00:40:05]

AND WITH ALL OF THOSE LINE ITEMS, THE FUNDS THAT ARE NOT USED THAT ARE ALLOCATED IN THE BUDGET ROLL BACK INTO THE GENERAL FUND, THEN THE NEXT YEAR THEY CAN BE REALLOCATED, SO ON AND SO FORTH.

BECAUSE SOMETIMES WE DON'T USE ANY, SOMETIMES WE USE PART, SOMETIMES WE I DON'T KNOW IF WE'VE EVER USED ALL OF IT, BUT IT CHANGES EVERY YEAR.

BUT THOSE MONEY JUST GOES BACK TO THE BALANCE SHEET, COMES BACK OUT IN ANOTHER BUDGET ALLOCATION.

IT'S NICE BECAUSE NOT A USER A LOSER THING, IT'S A USER. BUT IF WE DON'T OKAY, GREAT, WE'LL BE ABLE TO ALLOCATE IT FOR FUTURE YEARS. THAT THAT HELPS BACK TO THE GENERAL FUND OR BACK TO EDC FUND. EDC COMMUNICATIONS FUND.

STUFF IN THE BUDGET. ALSO, AS YOU LOOK AT THE CATEGORY 41, WHICH IS ALL THE DIFFERENT PAYROLL AND EVERYTHING ELSE, THAT'S IT'S REALLY NOT A CONTROL. IT'S WHAT IT IS.

YEAH. AND SO THAT'S WHERE IT'S CITY MANAGER AND DIRECTOR OF FINANCE AND JARED WORKING THOSE PARTS OUT.

SO. LOOK WE'RE TRYING TO BE AS CONSCIENTIOUS AS WE CAN WITH THE NUMBERS AND STRETCH THE MONEY AS FAR AS WE CAN.

SO I HAVE A COUPLE OF COMMENTS. I DON'T WANT TO DRAG THE MEETING OUT TOO LONG, BUT IN TERMS OF WE'RE NOT MEETING IN JULY AND THINGS TO THINK ABOUT BETWEEN NOW AND AUGUST. THIS IS MY OVERALL THOUGHT FOR YOU, JARED.

AND HOW IS IT ON THE BUDGET OR IF IT'S NOT ON BUDGET WITH THE BUDGET OKAY.

ALL RIGHT. GO AHEAD. SPECIFICALLY ON THE BUDGET. OKAY. SO THIS IS MY OVERALL THOUGHT FOR YOU TO GET FEEDBACK FROM YOU ON THIS.

FOR ME, THINGS AND THINGS THAT I'VE HEARD FROM COMMUNITY FEEDBACK LIKE [INAUDIBLE] OR CONNIE ROSSO AND JAKE'S AND YOU KNOW, THINGS THAT ARE DIFFERENT, LIKE OUR NEW RESTAURANT. I FORGET THE NAME.

I THINK KEKI'S THAT DOES THE JAPANESE CHEESECAKE.

LIKE, I WAS WALKING OUT FOR A WALK, AND I FORGET THIS COUPLE'S NAME, BUT I REMEMBER THEIR DOG, ELEANOR, BECAUSE THEY'RE JUST, LIKE, INSIST ON BEING PETTED OVER AND OVER. BUT THEY WERE TELLING ME THAT IN FACT, WE HAD A PRETTY LONG CONVERSATION AND MENTIONED THAT I WAS ON THE EDC AND TALKED ABOUT HOW AND THIS WAS ALSO MY NEIGHBORS IN WOODBRIDGE WEST, RIGHT. AND TALK ABOUT HOW WE'RE WE'RE KIND OF SEGMENTED IN THE STATION AND UP HERE IN WOODBRIDGE WEST.

AND THEY REALLY WERE EXCITED ABOUT THE 5TH STREET PROJECT AND MENTIONED TO ME THAT THEY GO TO MCKINNEY DOWNTOWN EVEN LIKE, WHICH IS KIND OF WILD, YOU KNOW, BUT THE BECAUSE IT'S A UNIQUE AREA.

SO WE HAD TALKED ABOUT I WANT TO KIND OF TIE THIS IN TOGETHER WITH A QUESTION THAT I HAD ASKED THE CIVIC SOUL CONSULTANTS, WHICH WAS, WHAT CAN WE DO TO GET, YOU KNOW, LIKE WHERE THE OLD TNT ENTERTAINMENT CENTER, WHERE WAS THE OLD BARBECUE SPOT? AND THEY'RE LIKE, WELL, THAT'S KIND OF LIKE A RETAIL RECRUITER. SO UNDER THE, YOU KNOW, 26 GOALS FOR BUSINESS RECRUITMENT IS THAT SOMETHING THAT WE CAN DO TO HIRE A RETAIL RECRUITER? AND WHERE I'M GOING WITH THIS OVERALL IS WHEN WE LOOK THROUGH THE BUDGET AND SAY, OKAY, WELL, THIS PORTION LED TO CONNIE RUSSO, OR THIS PORTION LED TO JAKE'S, OR THIS PORTION LED TO SOMETHING THAT'S KEEPING PEOPLE FROM DRIVING TO MCKINNEY AND SPENDING THEIR TAX DOLLARS TO SPENDING IT HERE IN SACHSE.

CAN WE PUT MORE MONEY INTO THAT? AND THEN, CONVERSELY, LOOK BACK AND GO, YOU KNOW, WE WENT TO THIS CONVENTION, BUT THEN WE'VE GONE THE LAST THREE YEARS, BUT AND WE'RE LIKE, I'M LOOKING MORE LIKE BIG PICTURE, LIKE WHERE CAN WE HAVE MORE WINS AND WHAT MAYBE IS NOT NOT THAT IT'S NOT WORTHWHILE TO GOING, BUT MAYBE IF WE NEED TO CUT A FEW THINGS, WHERE CAN WE CUT SOME THINGS.

YEAH, THERE'S CERTAINLY THERE'S FIRMS OUT THERE THAT DO THEY ASSIST COMMUNITIES WITH RETAIL RECRUITMENT.

THE RETAIL COACH IS ONE THAT WE'RE, WE'RE FAMILIAR WITH.

AND WE'VE WE'VE JUST NOT EXPLORED THAT AS AN OPTION FOR LIKE WHEN WE GO TO ICSC.

WE TYPICALLY SET OUR OWN MEETINGS. WE TYPICALLY HAVE HAD DECENT LUCK WITH THAT.

BUT CERTAINLY SOMETHING THAT WE COULD DISCUSS MORE IF THAT WAS SOMETHING THAT THE BOARD FELT MERITED ADDITIONAL DISCUSSION OF KIND OF HAVING ADDITIONAL BOOTS ON THE GROUND, IF YOU WILL, IF, YOU KNOW, SOMEBODY KIND OF LOBBYING OR ADVOCATING FOR THE THE CITY OF SACHSE BEYOND EVEN JUST WHAT WE'RE DOING.

SO THAT'S THAT DOES EXIST AND IS CERTAINLY SOMETHING THAT WE, WE COULD HAVE DISCUSSIONS ABOUT.

AND WE HAVE A, WE HAVE A PROFESSIONAL SERVICES LINE ITEM IN THE BUDGET, YOU KNOW, CONSULTING FEES AND THINGS LIKE THAT.

I BELIEVE OUR SPENDING IN THAT FUND IS QUITE A BIT DOWN THIS YEAR.

AND SO CERTAINLY SOMETHING THAT WE COULD WE COULD EXPLORE FURTHER IF THE GROUP WANTED.

I THINK THAT WOULD GO RIGHT IN LINE WITH THE STRATEGIC PLAN AS THEY COME BACK WITH FINDINGS AND DO ALL THE STRATEGIC PLANNING TO SAY, OKAY, GREAT MAYBE THAT MAKES SENSE TOO. I MEAN, THEY TOLD ME SPECIFICALLY THAT'S NOT REALLY PART OF WHAT WE DO,

[00:45:04]

WELL, THEY WANT TO DO THE RECRUITING, BUT THEY'RE GOING TO. BUT AS WE COME TOGETHER WITH A STRATEGIC PLAN TO SAY, ALL RIGHT, GREAT, HERE'S HERE'S WHAT OUR OBJECTIVES ARE RIGHT NOW, I'M GOING TO BE SOMEBODY ELSE. ALL RIGHT. THAT'S ONE OF THE OBJECTIVES. ALL RIGHT. NOW LET'S EXPLORE THAT FOR OUR BUDGET. AND I HAVE TO BE THE NEXT NEXT YEAR OR WE SAY NO THAT'S IMPORTANT TO US. WE WANT THAT'S WHERE WE WANT TO GO TO COUNSEL AND GET AN AMENDMENT AND GET AUTHORIZATION.

THAT'S WHERE THAT WOULD COME INTO PLAY. I SEE WHAT YOU'RE SAYING. YEAH. SO THIS IS KIND OF A TANDEM QUESTION JARED.

SO IF I REMEMBER CORRECTLY, THE DEVELOPER THAT WE HAD DISCUSSED WITH THE 5TH STREET PROJECT, DID THEY FALL ON THAT LINE OF LIKE RETAIL RECRUITER OR ARE THEY SOMETHING DIFFERENT? THE THE MASTER DEVELOPER THAT WE WERE TALKING WITH WAS A THEY WERE A DEVELOPER.

SO THEY HAVE A REAL ESTATE FUNCTION AND THEN A DEVELOPMENT FUNCTION AND THEY'VE GOT RELATIONSHIPS, BUT THEY WERE NOT LIKE A RETAIL RECRUITER OKAY.

YOU KNOW, SITE SELECTOR IF YOU WILL. AND THEN FOR ME PERSONALLY, I'M ALL FOR WHATEVER WE CAN DO TO OPTIMIZE THE BUDGET, ADD TO THE BUDGET OR WHATEVER WE NEED TO DO TO FULLY FUND AND GIVE OURSELVES THE BEST CHANCE TO BRING THE 5TH STREET DISTRICT ONLINE.

AND SO DO YOU HAVE ANY RECOMMENDATIONS ALONG THOSE LINES? ANYTHING THAT LIKE, IS THERE ANYTHING THAT YOU'RE LIKE, OH, I WANTED TO PUT THIS IN THE BUDGET, BUT I DON'T KNOW IF I'M GOING TO DO IT. NO, I THINK IT'S IT'S ONE OF THOSE, THOSE THINGS WHERE WHAT'S THE EXPRESSION? WE CAN DO EVERYTHING OR WE CAN DO ANYTHING, BUT WE CAN'T DO EVERYTHING.

AND SO I THINK TO THE POINT ABOUT THE STRATEGIC PLAN, IT'S KIND OF LIKE THE SPECIFIC, OKAY, HERE'S THIS IS WHAT WE WANT TO GO ALL IN ON PRIORITY WISE AND KIND OF GETTING THAT THAT CONSENSUS, IF YOU WILL, YOU'LL HAVE THIS DOCUMENT THAT'S KIND OF YOUR CONSENSUS DOCUMENT ABOUT KIND OF WHERE TO FOCUS.

RELATIVE TO 5TH STREET SPECIFICALLY I THINK YOU'RE RIGHT. IT'S DEFINITELY SOMETHING THAT I HEAR THE COMMUNITY WANTS.

AND WE'RE TRYING TO DO WITH THAT PROJECT IS BE BE AS DELIBERATE AS WE CAN.

WE PROBABLY COULD HAVE SOLD THE LAND AND DONE PAD SITE DEVELOPMENT AND THINGS LIKE THAT, BUT TO TO TO GET WHAT WE WANT AND WE FEEL THAT THIS COMMUNITY EXPECTS WE'RE TRYING TO BE PATIENT. AND IN THE MEANTIME, THE, YOU KNOW, THE VALUE OF THE PROPERTY IS HAS INCREASED AND SO PROVED TO BE A GOOD INVESTMENT. BUT NO, I WOULD I WOULD THERE'S CERTAINLY INFRASTRUCTURE PROJECTS THAT WE COULD TAKE ON.

ONCE YOU START TACKLING SOME OF THOSE THINGS, LIKE, FOR EXAMPLE, IF WE WERE TO REBUILD BILLINGSLEY STREET.

I MEAN, THAT THAT THAT IS A NEEDED AND WORTHWHILE PROJECT AND SOMETHING THAT WE COULD CERTAINLY DO.

SACHSE ROAD IS A STREET THAT'S UNIMPROVED. EVENTUALLY IT IS GOING TO NEED TO BE REDONE UP TO FROM 78 TO THE ROUNDABOUT.

IT'S BARR DITCH, THERE'S NOT SIDEWALKS. THERE'S YOU KNOW, WE PROBABLY NEED TO EVALUATE WHETHER IT NEEDS TO CONTINUE BEING TWO WAY OR DOES IT GO ONE WAY? WHAT WHAT'S THE BETTER WAY TO SUPPORT WHAT WE WANT TO SEE THERE? SO THERE'S A NUMBER OF DIFFERENT THINGS THAT WE COULD WE COULD DO.

AND I, I KIND OF TAKE MY, MY DIRECTION FROM, FROM THIS GROUP AND FROM THE COUNCIL RELATIVE TO WHERE WE MOST SPECIFICALLY WANT TO FOCUS, BECAUSE THOSE ARE BIG CAPITAL PROJECTS. THOSE THOSE ARE EXPENSIVE PROJECTS.

I UNDERSTAND WHAT YOU'RE SUGGESTING IS MAYBE WHILE WE'RE BEING PATIENT AND FINDING THE RIGHT FIT, WE CAN DO SOME SOME STREET SCAPING AND SOME THINGS TO LIKE, KIND OF PREPARE FOR THAT AREA TO BE WHAT WE HOPE IT WILL BE.

YEAH. AND I THINK THAT THE LIKE, FOR EXAMPLE, 5TH STREET FROM, FROM 78 THE ROUNDABOUT CERTAINLY SACHSE ROAD.

I WAS TALKING WITH THE GROUP JUST THE OTHER DAY AND THEY WENT AND THEY, THEY LOOKED AT THE SITE AND THEY WERE LIKE, THESE ARE THESE IMPROVEMENTS ARE GREAT. LIKE, THIS IS SUPER HELPFUL.

AND ALEXANDER STREET ALREADY BEING CONSTRUCTED, YOU KNOW, SOMETHING THAT WAS WAS TAKEN ON TO HELP CATALYZE THAT PROJECT, ENABLE US TO DO THE FARMER'S MARKET. SO WE WE ARE WE ARE CONSTANTLY WORKING.

IT FEELS LIKE NOT A DAY GOES BY THAT I DON'T AT LEAST THINK OF 5TH STREET.

SO AND WE'RE, WE'RE TALKING WITH GROUPS AND AND SO FORTH.

IT'S IT'S JUST FINDING, LIKE, THE RIGHT FIT, I GUESS, FOR US.

BUT YES, THERE ARE CERTAINLY STREETSCAPE, WAYFINDING BANNERS, DRAINAGE.

THERE'S NO SHORTAGE OF PROJECTS, WHICH IS ONLY GOING TO INCREASE THE VALUE OF THAT PROPERTY ONCE THAT STREET SCAPING IS DONE RIGHT.

YES, SIR. I MEAN, THAT SOUNDS GOOD TO ME. YEAH, BUT IT'S ALL.

I THINK THAT'S WHERE WE HAVE TO. BECAUSE THAT'S NOT CHEAP.

YOU'RE TALKING SEVEN FIGURE PROJECTS OR EIGHT FIGURE PROJECTS.

WELL, IF I'M A IF I'M A RESTAURATEUR OR WHATEVER BUSINESS I AM, AND I'M LOOKING AT 5TH STREET, I THINK IT'S A LOT EASIER TO IMAGINE MYSELF BEING THERE WHEN THE STREETSCAPE IS ALREADY DONE.

[00:50:02]

YOU KNOW, YOU'RE TRYING TO GET A BUSINESS INTO AN AREA THAT ISN'T COMMON.

LIKE THEY WANT TO SEE THE THINGS ARE IN PLACE.

YOU KNOW, IT'S IT'S IT'S A LOT HARDER TO VISION COMING TO AN AREA THAT YOU WEREN'T MAYBE PLANNING ON, BUT YOU'RE BEING RECRUITED THERE AND, AND NOW YOU GOT TO BUILD IN THE SIDEWALKS AND YOU GOT TO BRING IN, YOU KNOW, ALL THOSE THINGS THAT I'VE HAD DEVELOPERS TELL ME THAT THAT IS LIKE, IT'S PROBABLY NOT GOING TO HAPPEN UNTIL YOU GET THIS DONE.

YEAH, I WOULD, I WOULD SAY LET'S TAKE. I LIKE THE DISCUSSION.

THEY'LL BE HERE AUGUST. YES, SIR. OKAY. LET'S DO THAT ONE IN AUGUST.

YEAH. WE CAN TALK MORE ABOUT WHAT YOU'RE TALKING ABOUT RIGHT THERE IN AUGUST, BECAUSE IT DOESN'T FIT THE BUDGET. EXACTLY. BECAUSE IT'S NOT A BUDGET ITEM THAT WE'RE PUTTING IN THE BUDGET RIGHT NOW. BUT IT IS SOMETHING UNLESS WE'RE WILLING TO PUT IN REALLY QUICKLY AND WE CAN GET SOMETHING PUSHED THROUGH CITY STAFF AND THE CITY COUNCIL AND THE MAYOR IN 30 DAYS. I THINK IT'D BE BETTER SUITED TO BE WITH THE STRATEGIC PLAN TO SAY, OKAY, HEY, LOOK, IS THOSE GUYS WORK THROUGH AND WE SAY, ALL RIGHT, WE START TO FIGURE OUT WHAT WHAT WE WANT TO SPEND ON THAT.

I THINK THAT'S A IF YOU ASK ME, THAT'S A PERFECT THING FOR THE CONSULTANTS, BECAUSE THAT CAN HELP US TO WORK THROUGH THAT.

IF I, IF I DON'T, MAYBE I MISUNDERSTAND THE BUDGET THAT COMES TO US IN AUGUST IS BASICALLY JUST GOING TO BE LIKE FINALIZED FOR US TO JUST, YOU KNOW, THUMBS UP. RIGHT. OR IS IT GOING TO STILL BE SOME DISCUSSION ELEMENT AT THAT POINT? WELL, ONCE THE ONCE THE BOARD, THE BOARD WILL APPROVE IT TAKE ACTION TO APPROVE IT AND THEN IT'LL GO TO COUNCIL. SO ONCE ONCE THE BOARD AND IT WON'T COME BACK TO YOU ALL FOR ANY FURTHER APPROVAL, IT'LL JUST GO TO THE COUNCIL. AND THEN FOR THEIR KIND OF FINAL BLESSING ON THE OVERALL CITY BUDGET.

SO BUT THAT DOESN'T THAT DOESN'T PRECLUDE US IF THROUGH THE STRATEGIC PLANNING WE FIGURE, OKAY, HEY, THERE IS SOMETHING WE WANT TO DO AND WE FEEL VERY STRONGLY ABOUT IT, TO GO TO THE BACK TO COUNCIL AND SAY, HEY, WE WANT TO SPEND MORE MONEY. AM I NOT MISTAKEN? I'M MISTAKEN. THERE'S THERE'S OPPORTUNITIES TO DO AGAIN, IT'S ENDS UP BEING A BIGGER CONVERSATION, I THINK WITH, WITH THE COUNCIL ABOUT ANY, ANY KIND OF A CAPITAL PROJECT CERTAINLY.

BUT IF THERE WAS SOME DESIRE OR NEED TO TAKE A PROJECT ON THAT WE HADN'T ACCOUNTED FOR IN THE BUDGET OR THAT WAS GOING TO COST IT MORE DOLLARS THAN WHAT WE HAD SET ASIDE THERE IS A PATH FOR BUDGET AMENDMENTS AND THINGS OF THAT SORT IN DURING THE YEAR.

BUT TO YOUR POINT, MR. FRICK, ONE OF THE THINGS THAT WE'RE DOING, JUST KNOWING HOW INCREDIBLY EXPENSIVE SOME OF THIS, EVEN JUST DESIGNING A ROAD, IS EXPENSIVE. AND THAT'S NOT EVEN BUILDING ANYTHING THAT'S JUST PAPER.

SO PUTTING ASIDE THOSE DOLLARS TO HELP SOFTEN THE BLOW WHENEVER THE TIME COMES TO, YOU KNOW, FOR LACK OF BETTER WORDS, PULL THE TRIGGER ON ON THOSE PROJECTS.

SO WE'VE GOT THE TIRZ TIRZ THREE, THE PROJECT FINANCE PLAN IDENTIFIES A NUMBER OF DIFFERENT PROJECTS, WHICH A NUMBER OF THEM ARE IN THE 5TH STREET AREA ROADWAY IMPROVEMENTS, SIDEWALK STREETS, DRAINAGE, LAND, BANKING EVEN. RIGHT. SO ONE OF THE THINGS THAT THE COMPREHENSIVE PLAN LOOKS AT IS, IS DO WE NEED TO START LOOKING AT STRATEGIC ACQUISITION OF PROPERTIES? BECAUSE WE WE HAVE A COUPLE, BUT DO WE HAVE MORE CONTROL OVER THE DEVELOPMENT PATTERN AND THE NATURAL ENVIRONMENT IF THERE'S MORE LAND THERE? YOU MENTIONED, YOU KNOW, THE TNT BUILDING.

IF IF WE WANTED TO GO AND PURCHASE, YOU KNOW, OLD BUILDINGS, THAT'S THAT'S CERTAINLY SOMETHING THAT WE CAN DO.

JUST VERY HIGH CAPITAL PROJECTS, BUT WE CAN DO IT AT THE DIRECTION OF OF YOU ALL IN THE COUNCIL.

TO PIGGYBACK ON WHAT SCOTT JUST SAID SO I GUESS MY REQUEST WOULD BE TO BECAUSE, YOU KNOW, I'M SAYING LET'S SPEND MONEY AND I DON'T KNOW THE EXACT NUMBERS AND WHAT PROJECTS YOU WOULD RECOMMEND, BUT I'D LOVE AT THE AUGUST MEETING TO HAVE YOU COME AND SAY THIS IS I THINK WOULD REALLY HELP US GET THE 5TH STREET UP AND RUNNING.

AND HERE'S PROJECT ONE, TWO AND THREE. WHICH ONES DO YOU GUYS WANT TO DO FIRST? SO WE HAVE SOME OPTIONS THERE. I'M PERSONALLY IN FAVOR OF LOOKING AT A RETAIL RECRUITER.

SOMEBODY CAN HELP US GET PEOPLE INTO 5TH STREET OR, YOU KNOW, OTHER BUILDINGS LIKE THE THE TNT FAMILY CENTER, WHICHEVER AREAS THAT THEY CAN HELP. BUT YEAH, I'VE JUST HEARD MANY TIMES THAT PEOPLE WOULD LIKE 5TH STREET AND IT WOULD BRING PEOPLE FROM BOTH ENDS OF TOWN TOGETHER.

CERTAINLY. OKAY. THANK YOU. ANY OTHER COMMENTS? QUESTIONS? ALL RIGHT. WE'LL CLOSE THE DISCUSSION ON THAT ITEM AND MOVE ON TO ITEM E, WE'LL ADJOURN AT 6:56 P.M.. THANK YOU GUYS VERY MUCH. WE'LL LOOK FORWARD TO AUGUST OR HAVING HAVING JULY OFF AND COME BACK IN AUGUST.

[00:55:08]