* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. YOU READY? YEP. [00:00:04] MUNICIPAL [1. Call to Order: The Municipal Development District Board of the City of Sachse will hold a regular meeting on Thursday, January 8, 2026, at 6:00 PM to consider the following items of business:] DEVELOPMENT DISTRICT BOARD OF THE CITY OF SAXE WILL HOLD A REGULAR MEETING ON THURSDAY, JANUARY THE EIGHTH AT 2026 AT 6:00 PM HMM? NO SEVEN TO CONSIDER THE FOLLOWING ITEMS OF BUSINESS. SEVEN. SEVEN 7:00 PM HUH? IT'S AT 7:00 PM I KNOW IT'S AT SIX RIGHT THERE. OH, SORRY. I DIDN'T WRITE IT. UH, RE WE CHANGED THERE. THAT WAS, UH, 7:00 PM YES. THANK YOU. OKAY. UH, WE NEED, UH, SOMEBODY DO THE INVOCATION AND SOMEBODY TO DO THE PLEDGE. WE COULD DO WHATEVER YOU WANT. ALRIGHT. YOU DO, YOU DO THE, UH, INVOCATION. I'LL DO THE PLEDGE. ALRIGHT, LET'S PRAY. OUR FATHER IN HEAVEN, WE'RE GRATEFUL TO COME BEFORE THE, THIS EVENING TO MEET AS A NEW SCHOOL DEVELOPMENT DISTRICT BOARD. WE'RE GRATEFUL FOR THOSE THAT ARE TAKING TIME AWAY FROM THEIR HOMES AND THEIR FAMILIES TO BE HERE TONIGHT, TO, TO MEET AND TO GATHER. WE JUST PRAY THAT WE'LL, UH, HAVE AND OPEN AND HONEST DISCUSSIONS WITH EACH OTHER. AND TO BE RESPECTFUL. WE PRAY THAT WE, UH, WILL ALWAYS BE MINDFUL OF OUR SERVICE. THAT IT IS FOR THE GREATER GOOD OF THE COMMUNITY AS A WHOLE, AND WE ALWAYS SERVE WITH THE PURPOSE. AND THAT WE ALWAYS KEEP IN MIND THE SAFETY OF, UH, ALL THOSE IN ALL OF OUR CITIZENS HERE IN SAXTON. WE'RE SO GRATEFUL AGAIN FOR THIS OPPORTUNITY TO HERE THIS EVENING. WE PRAY FOR THESE THINGS IN THE NAME OF JESUS CHRIST. AMEN. AMEN. PLEDGE LADIES FLAG OF THE UNITED STATES. UNITED OF AMERICA. AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, 13TH AND JUSTICE PAROLE. HONOR THE TEXAS FLAG AND PLEDGE OF AGENCY TEXAS ONE UNDER. OKAY. UH, THE, THE PUBLIC IS INVITED TO ADDRESS THE BOARD GUI REGARDING ANY TOPIC NOT ALREADY ON THE AGENDA FOR ACTION OR PUBLIC HEARING. COMMENTS REQUIRE REGARDING ANY DISCUSSION. ONLY ITEMS ON THE AGENDA MAY BE ADDRESSED DURING THE PUBLIC 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 WE'LL TAKE ANY COMMENTS UNDER ADVISEMENT. IS THERE ANYONE HERE WHO WOULD LIKE TO SPEAK TO THE BOARD? HMM. LOOKS LIKE WE'RE ALL FAMILY AND FRIENDS. OKAY. SO WE'LL CLOSE OUT THE PUBLIC COMMENT SECTION. [1. Consider and elect a President, Vice President, and Secretary for the Municipal Depvelopment District Board.] UH, ACTION ITEMS. ITEM C. THESE ARE, OKAY. UH, THESE ARE FOR BOARD DISCUSSION AND CONSIDERATION FOR ACTION. THE PRESIDING OFFICER WILL INVITE COMMENTS BEFORE THE BOARD VOTES. A PUBLIC COMMENT CARD SHOULD BE GIVEN TO THE ACTING SECRETARY PRIOR TO THE START OF THE MEETING. UH, I'M ONE CONSIDERED AN ELECT PRESIDENT, VICE PRESIDENT AND SECRETARY FROM THE MUNICIPAL DISTRICT BOARD. UH, WOULD ANYBODY FROM THE AUDIENCE LIKE TO ADDRESS THE BOARD ABOUT THIS ITEM? OKAY. SEEING NONE, UH, HEY, MR. KEMPER, CAN I TAKE A MINUTE, TALK ABOUT THIS ITEM REAL QUICK? SAY WHAT? CAN I TAKE A MINUTE TO TALK ABOUT THIS ITEM REAL QUICK? SURE. OKAY. UM, SO JUST FYI, THE MUNICIPAL DEVELOPMENT DISTRICT. I KNOW SOME OF YOU'RE ALSO SERVING ON THE PARK BOARD, BUT, UH, THIS IS A FIDUCIARY COMMITTEE OR BOARD. SO IT HAS SOME FINANCIAL, UH, RESPONSIBILITIES. UM, UH, AND SO IT IS A BOARD WHERE WE ELECT OFFICERS, AND THE OFFICERS DO SERVE AS, UH, UH, A PRESIDENT, VICE PRESIDENT. DO WE DO SECRETARY IN HERE? WE ALSO DO SECRETARY, UH, TO HAVE THOSE POSITIONS FILLED. UM, UH, GERMANE MCDANIEL WAS OUR PRESIDENT BEFORE, AND I BELIEVE HE IS NOW IN P-N-Z-P-E-D-C-D-C-E, ECONOMIC DEVELOPMENT CORPORATION BOARD. JERMAINE WAS WITH US FOR SEVERAL TERMS. I WANNA SAY AT LEAST SIX YEARS, PROBABLY LONGER. UM, AND SO BUTCH WAS, OR IS OUR VICE PRESIDENT AND HAS SERVED IN THAT CAPACITY FOR A COUPLE YEARS NOW. UM, IT'S, IT'S, IT'S THE SECRETARY, UH, IS THERE [00:05:01] FOR REALLY AS A BACKUP. THEY DON'T TAKE NOTES. WE DO THE MINUTES, UH, IN-HOUSE. UH, BUT IT'S JUST ANOTHER POSITION THAT YOU CAN HOLD THAT THAT, BUT CAN LEAN ON IN CASE WE NEED SOME, SOMEBODY IN A, IN AN ELECTED, UH, POSITION OR, UM, FROM THIS BOARD. UH, A LOT DIFFERENT THAN THE PARK BOARD BECAUSE WE DO TALK ABOUT SOME OF THE SIMILAR THINGS. WE DON'T GET REPORTS FROM, UH, THE RECREATION DIVISION OR, OR THE, UM, COMMUNITY CENTER. IT'S MORE REALLY PROJECTS BECAUSE WE, UH, SELECT PROJECTS THAT WE MAKE RECOMMENDATIONS TO COUNCIL ON FOR, UH, MDD PROJECTS. OUR, UH, BUDGET ANNUALLY FOR THE MDD BOARD, WE'RE GONNA BE A LITTLE SHORT OF 900,000. UM, IN, IN 2025 BUDGET YEAR. UH, IT'S BETWEEN EIGHT AND 900,000 EACH YEAR. MOST OF THE FUNDS OVER THE LAST, ALL OF THE FUNDS, ACTUALLY OVER THE LAST, WELL, I'LL SAY MOST 'CAUSE WE USE SOME FOR MAINTENANCE, BUT, UH, 98% OF THE BUDGETS, UH, HAS BEEN DEDICATED TOWARD JK SAXE PARK. UH, YOU KNOW, WE'VE DONE THREE PHASES THERE. PHASE ONE, UH, SPLASH PAD, THE PAVILION, THE RESTROOM, VOLLEYBALL COURT. PHASE TWO WAS THE PICKLEBALL COURT. AND PHASE THREE, THREE IS A, WAS THE, UH, PLAYGROUND, WHICH WE COMPLETED THIS YEAR. THAT PROJECT'S ALMOST DONE. UM, BUT DURING THIS PAST YEAR, AN OPPORTUNITY CAME FOR SOME LAND TO OPEN THAT OPENED UP NEXT TO THE JK SAXY PARK. UH, THE CITY MANAGER'S OFFICE CAME, PRESENTED IT TO THE MDD BOARD AS ANOTHER OP, ANOTHER PROJECT, FUTURE PROJECT. UH, IT WAS UNANIMOUS ON THIS BOARD THAT WE MOVED FORWARD ON USING MDD FUNDS TO PURCHASE THAT LAND. UH, SO THAT'S 2026. BUDGET HAS ALREADY BEEN DEDICATED TO THAT LAND PROJECT. UM, SO AS FAR AS DISCUSSION ON FUTURE PROJECTS, WE'LL PROBABLY START THAT THIS FOR, I DON'T KNOW, PROBABLY IN THE NEXT MEETING, MAYBE THE ONE AFTER THAT. UM, BUT THAT'S REALLY THE PURPOSE OF THIS BOARD. IT'S REALLY TO, UH, MOVE, UH, PARKS AND REC PARKS SPECIFICALLY IN A DIRECTION OF, UH, PROGRESSING, FINDING THE NEEDS OF THE COMMUNITY, FINDING SOME COOL PROJECTS, THINGS THAT YOU LIKE TO SEE, UH, IN THE CITY. IT'S VERY DIFFICULT TO FIND LAND IN THE CITY. SO THAT'S WHY WHEN THIS CAME UP, WE REALLY, UH, TOOK ADVANTAGE OF IT. AND IT'S IN COLLIN COUNTY, UH, FOR THOSE THAT DIDN'T KNOW, JK PARK IS OUR ONLY PARK IN COLLIN COUNTY. SO IT WAS, UH, AND THAT WAS DONATED LAND TO US. AND SO WE TOOK, WE TOOK THE MONEY. UH, ALL, EVERYTHING AT M EVERYTHING AT JK HAS BEEN MUNICIPAL DEVELOPMENT FUNDS, ALL OF IT, ALL OF IT'S QUARTER CENTS SALES TAX. SO, UM, KEEP THAT IN MIND. WE DON'T MEET MONTHLY, WE'LL MEET QUARTERLY KIND OF LINE UP WITH THE, UM, FINANCIAL OBLIGATIONS THAT WE HAVE. 'CAUSE YOU HAVE TO, UH, APPROVE THE INVESTMENT STRATEGY. AND, UH, INVESTMENT REPORTS EVERY QUARTER. WE'LL LINE IT UP WITH THAT. EVERY ONCE IN A WHILE, THERE'S LIKE A MEETING. WE, WE NEED TO HAVE, UH, EXAMPLES WHEN WE NEEDED TO TALK ABOUT THE LAND, WE, WE HAD, WE SQUEEZED A MEETING IN THERE FOR EVERYONE TO COME AND, AND DISCUSS THAT AND, AND APPROVE THAT PROCESS. SO, UH, THAT'S, THAT'S THIS ROLE OF THIS BOARD. UM, AGAIN, UH, MS. BUELLER SERVES AS A LIAISON FROM THE COUNCIL. I'M LIAISON FOR STAFF. UH, BUT YOU GUYS ARE THE BOARD MEMBERS THAT, THAT MOVE THE WORK FORWARD. THAT, WITH THAT BEING SAID, SO, UH, OPPORTUNITIES TO SERVE IN LEADERSHIP POSITIONS ON THE BOARD, ALWAYS, UH, GREAT OPPORTUNITY. AND THEN IT'S A PRIVILEGE. SO AS YOU DISCUSS OPTIONS, UH, YOU KNOW, UH, I'M NOT GIVING ANY GUIDANCE AT ALL, BUT, UH, IT'S, IT'S, IT'S A GOOD, GOOD OPPORTUNITY. SO KEEP THAT IN MIND. THAT'S REALLY, I, I DIDN'T HEAR YOU MENTION, BUT OUR FUNDING COMES FROM A QUARTER OF A CENT OF SALES TAX. AND THE, THE CITY GETS TO COLLECT TWO AND A QUARTER, AND THAT QUARTER COMES TO US. AND THE, THE, THE COUNCIL, WHEN THEY SET UP THE MVD, UM, BY FIAT FROM THE, FROM THE PODIUM, IT WAS THAT, THAT TOLD TO US THAT, THAT, THAT THE MONEY WE GET IS FOR PARKS. THAT'S THE ONLY PLACE WE CAN SPEND IT ON. THAT'S, AND SO, YEAH. UH, IT'S BEEN EXCITING. WE'VE GOTTEN A LOT OF THINGS DONE IN THE FIRST WELL, AND TO HEAR THAT IT'S GOING, I THINK OUR FIRST YEAR IT WAS, UH, $320,000. YEAH. IT MIGHT HAVE BEEN A LITTLE LESS THAN THAT. YEAH. BUT YEAH, IT WAS SOMEWHERE IN THAT $300,000 RANGE, AND NOW IT'S [00:10:01] UP IN THE $900 RANGE. SO 900,000. IT'S, UH, YEAH, YOU BRING UP A GOOD POINT BECAUSE THE ELECTION FOR THE MDD WAS IN NOVEMBER, 2017. IT PASSED BY ALMOST 60%. AND THEN RIGHT AFTER THAT, THE COUNCIL MADE A RESOLUTION TO DEDICATE ALL MDD QUARTER SALES TAX FUNDS, MDD FUNDS TO, UH, PARKS. YEAH. EXCLUSIVELY. UM, YES, THAT COULD CHANGE, BUT RIGHT NOW IT IS ALL DEDICATED TO, TO PARKS. THERE IS A, THERE IS A, UH, A ROAD IMPROVEMENT FUND. THEY ALSO GET A QUARTER CENTS AND THEN, UH, EDC GETS A HALF CENT. AND, BUT WE, WE GOT THAT 2000 AND WE GOT THAT LAST QUARTER CENTS. WE DID . YOU'D GO BUY A SUBWAY AT SUB, AND YOU GET, I REMEMBER IT USED TO BE 7.75% AND EVERYONE AROUND US WAS 8.25. AND THEN PUBLIC WORKS GOT 0.25, AND THEN WE GOT YEAH, TWO FIVE. SO IT'S REALLY HELPED OUT. YEAH. UH, JUST THE HISTORY, THE FIRST THING WE DID IS WE, UH, WE DID A, A FACELIFT ON A LOT OF OUR PLAYGROUNDS. THAT WAS LIKE THE FIRST YEAR WE HAD 300,000, LIKE, UH, MR. KEMPER SAID, AND WE DID A FACELIFT ON THAT. AND THEN, UH, WE, SO WE, BECAUSE WE WANTED TO KIND OF MAKE AN IMMEDIATE IMPACT, THAT WAS THE EASIEST WAY TO DO IT. AND THEN, AND PEOPLE, PEOPLE COULD SEE THAT, THAT MM-HMM . THAT THE MONEY WAS GOING INTO SOME, 'CAUSE SOME OF THE OTHER PROJECTS HAVE BEEN LONG TERM, YOU KNOW, LIKE THE JK SAXY PARK. IT'S BEEN LONG TERM AND YOU COULDN'T SEE IT HAPPENING AS IT AS IT WAS HAPPENING. SO, UH, YEAH. OKAY. UM, WELL NOW WE COME DOWN TO THE ACTION ITEM. UH, WE NEED TO HAVE, UH, A PRESIDENT, A VICE PRESIDENT, AND A SECRETARY FOR THE BOARD. AND, UM, FIRST OF ALL, WE'LL DO ONE AT A TIME. WE'RE GONNA DO 'EM ONE AT A TIME. AND, UH, FIRST OF ALL, WOULD YOU ASK, IS ANYONE FROM THE AUDIENCE LIKE TO MAKE A NOMINATION? SEEING NONE? UH, WOULD SOMEBODY FROM THE UH, BOARD, UH, PRESENT A NOMINATION? UH, WE'RE DOING THIS FOR THE, UH, THE PRESIDENT OF THE BOARD. WELL, I'D LIKE TO NOMINATE OUR CURRENT VICE PRESIDENT. OKAY. TO BE PRESIDENT. BEEN, NO, UH, A MOTION TO NOMINATE THE, UH, ME, GEORGE KEMPER. UH, DO WE HAVE A SECOND? I SECOND THE MOTION. OKAY. UH, WE HAVE A MOTION A SECOND. ANY QUESTIONS? CAST OUR BALLOTS. OKAY. WHAT DO I DO HERE? SHOULD JUST POP UP. I, THIS, OH, THAT'S WHAT I FORGOT TO DO. I FORGOT TO GET YOU, YOU COULD VOICE IT TO HER. IS THAT ALL RIGHT, JENNIFER? OH, YOU ALREADY GOT IT. I HAVE WAITING EVERY TO FINISH THAT, ROB. SO HIS PORTION IS PASSED. OKAY, GOOD. THEN WHEN? GO DEVICE. OKAY. GOOD. UH, NOW WE NEED A MOTION FOR, UM, THE VICE PRESIDENT. ANYBODY FROM THE AUDIENCE? SEEING NONE? UH, WOULD SOMEONE FROM THE BOARD LIKE TO, UH, MAKE A MOTION FOR THE VICE PRESIDENT? I, HMM. YES, MA'AM. SHE, SHE, SHE WOULDN'T MIND DOING IT. SHE SAID SHE'S NOMINATING HERSELF. NOMINATE THAT ALICIA. WHO'S ALICIA? ALICIA. WHO? HER NAME'S ALICIA. ALICIA. ALICIA. OKAY. WE HAVE A, ALRIGHT, WE HAVE A MOTION TO, UH, ELECT, UH, TO NOMINATE ALICIA LYNN FROM AS THE, UH, VICE PRESIDENT OF THE, UH, COMMITTEE. UH, DO I HAVE A SECOND? I'LL SECOND THOUGH. I'LL SECOND. OH, SORRY. SECOND. THANK YOU. UH, RUSH. WE HAVE MOTION TO SECOND. ANY FURTHER DISCUSSION? THERE BEING NONE. PLEASE CAST YOUR BALLOT. I GET THIS THING TO TALK TO ME. YOU GOTTA JOIN THE MEETING. OH, I'M GONNA JOIN THE MEETING. IT'S NOT LIKING ME. SHE GOT YOU THOUGH. OH, WELL I VOTE. AFFIRMATIVE PASS. ALRIGHT. UH, IT PASSED UNANIMOUS. AND SO NOW WE HAVE, UH, COME [00:15:01] TO, UH, ELECTING A SECRETARY FOR THE, FOR THE BOARD. AGAIN, ANYBODY FROM THE AUDIENCE SWORN TO MAKE A NOM NOMINATION? NO. NONE. SO WOULD SOMEONE FROM THE, UH, BOARD LIKE TO MAKE A NOMINATION FOR THE, UH, POSITION OF, UH, SECRETARY? I'D LIKE TO NOMINATE MYSELF. DANIELLE PARKER. OKAY. UH, DO DANIELLE PARKER. ELAINE PARKER. RIGHT HERE. DANIELLE. DANIELLE PARKER. OKAY. UM, WE HAVE A MOTION FOR DANIELLE PARKER TO BE, UH, UM, SECRETARY FOR THE BOARD. UH, DO WE HAVE A SECOND? YEAH, HAVE A SECOND. OKAY. WE HAVE A SECOND. UH, ALL IN FAVOR? UH, ANY FURTHER DISCUSSION? ALL IN FAVOR. PLEASE CAST YOUR BALLOT. OH, WHAT ARE YOU DOING HERE? YOU DON'T LIKE PRESENCE IN VOTING? YES. HAS EVERYBODY ELSE'S POPULATED? 'CAUSE I'M NOT GETTING ANY VOTES IN. I HAVE NOTHING THAT'S SITTING IN, UH, ALL THOSE IN FAVOR OF THE MOTION. RAISE YOUR HAND. OKAY. I'LL JUST DO A THANK YOU. I APPRECIATE THAT VOTE. YEAH, I'D SAY YOU, THIS ELECTRONICS IS GONNA BE THE DEATH OF US. THERE YOU GO, . OKAY. UM, [2. Consider approving the October 16, 2025, regular meeting minutes.] WE HAVE IN YOUR PACKET SOMEWHERE, I THINK THE OCTOBER 16TH MEETINGS, UH, UH, MINUTES OF THE MEETING. WOULD ANYBODY FROM THE AUDIENCE LIKE TO ADDRESS THIS ABOUT THE, ABOUT THOSE MINUTES? SEEING NONE? UH, IS THERE ANYONE FROM THE COUNCIL THAT HAS SOMETHING THEY WANNA SAY ABOUT THE MINUTES? CAN I HAVE SOMEONE MAKE A MOTION TO APPROVE THE MINUTES OF OCTOBER? I MAKE A MOTION. WE APPROVE THE MINUTES FROM OCTOBER 16TH AS IS. THANK YOU. UH, SECOND. I SECOND THE MOTION. OKAY. THANK YOU. UM, NOTABLE DISCUSSION. SO WOULD YOU PLEASE CAST YOUR BALLOT? HEY, THERE IT IS. YES, IT WORKED FOR THE LAST BALLOT. WONDERFUL. SO, JENNIFER, IN THE FUTURE, SO FUTURE MEETINGS. ALICIA WILL SIT RIGHT NEXT TO BUTCH ON THIS SIDE. CORRECT? IS THERE A, IS THERE A PLACE FOR THE SECRETARY? WE'LL GIVE THAT WHERE GIVE IS RIGHT HERE. OKAY. YEAH. OKAY. OKAY. [3. Consider accepting the Quarterly Investment Report for the quarter ending June 30, 2025.] NEXT ITEM IS, UH, ITEM THREE. CONSIDERING ACCEPTING THE QUARTERLY INVESTMENT REPORT FOR THE QUARTER ENDING 30 JUNE, 2025, UM, HAVE Y'ALL ALL SEEN THE REPORT AND READ IT? HAVE ANY QUESTIONS ABOUT IT? OH, COME ON. YOU GOTTA HAVE AT LEAST ONE QUESTION. ALL THOSE NUMBERS. WELL, I WOULD ENTERTAIN A MOTION FROM THE BOARD TO, TO APPROVE THEM. I MAKE A MOTION THAT WE APPROVE THE QUARTERLY, UH, INVESTMENTS ENDING, UH, JUNE 30TH. OKAY. UH, CAN WE HAVE A SECOND? I SECOND. OKAY. UH, ANY DISCUSSION? OKAY. SEE YOU. NONE UNLESS CASTOR BALLOTS. OH, LOOK AT THERE. WE'RE GETTING ON. VERY GOOD. ALRIGHT. PAST UNANIMOUSLY. UM, [4. Consider accepting the Quarterly Investment Report for the quarter ending September 30, 2025.] WE HAVE ANOTHER QUARTERLY INVESTMENT REPORT FOR THE QUARTER ENDING 30 SEPTEMBER, 2025. ANYONE FROM THE AUDIENCE LIKE TO ADDRESS THE BOARD ABOUT THIS ITEM? SEEING NONE, UH, I'D ENTERTAIN A MOTION FROM THE BOARD TO, UH, APPROVE THESE, THIS QUARTERLY INVESTMENT REPORT. I MAKE A MOTION, UH, THAT [00:20:01] WE APPROVE THE QUARTERLY INVESTMENT REPORT, UH, FOR THE QUARTER ENDING SEPTEMBER 30TH. THANK YOU. OKAY. COULD I HAVE A SECOND? I SECOND. THANK YOU. UH, ANY FURTHER DISCUSSION? SEEING NONE, PLEASE CAST YOUR BALLOT. MAN, SHE'S GETTING FASTER THAN I AM. HAVE TO LOOK ON A DIFFERENT SCREEN. YEAH. OKAY. PASS. SEVEN ZERO. SO UNANIMOUS. OKAY. UM, WE HAVE A DISCUSSION ITEM HERE TO RECEIVE A STAFF REPORT. ONE MORE ACTION ITEM NUMBER FIVE. NUMBER FIVE. YEAH. OH, SORRY. UH, [5. Consider accepting the City of Sachse Investment Policy for FY 2025-2026 as adopted by the City Council on November 17, 2025.] CONSIDER THE ACCEPTING THE CITY OF SAXE INVESTMENT POLICY FOR FISCAL YEAR 20 25, 20 26, AS ADOPTED BY THE CITY COUNCIL ON NOVEMBER THE 17TH OF 2025. WOULD ANYONE FROM THE AUDIENCE LIKE TO ADDRESS THIS? SEEING NONE. WOULD SOMEONE FROM THE BOARD MAKE A MOTION TO, UH, APPROVE THIS OR ACCEPT IT? I MOVE THAT WE ACCEPT IT. OKAY. THANK YOU. UH, COULD I HAVE A SECOND? SECOND. OKAY. ONE MOMENT. GREG, I NEED YOU TO READ THE ENTIRE THING WHEN ACCEPTING IT. OKAY. I MOVE THAT WE ACCEPT THE CITY OF SAX, THE INVESTMENT POLICY FOR FISCAL YEAR 20 25, 20 26, AS ADOPTED BY THE CITY COUNCIL ON NOVEMBER 17TH, 2025. THANK YOU. UM, AND A SECOND. AND WE HAVE SECOND. YEAH. SO WE'RE OVER HERE. DID YOU? YES, I DID. SECOND. OKAY, GOOD. UM, IS THERE ANY, I HAVE A MOTION AND A SECOND. IS THERE ANY DISCUSSION? SEEING NONE, PLEASE CAST YOUR VOTE. AND THAT PASSED SEVEN TO ZERO UNANIMOUSLY. UM, OKAY. THAT'S ALL THE ACTION ITEMS. THE LAST [1. Receive an update on the purchase of property adjacent to J.K. Sachse Park.] ITEM IS A, IS FOR, UH, REPORTING AND DISCUSSION, UM, TO RECEIVE AN UPDATE ON THE PURCHASE OF PROPERTY ADJACENT TO THE JK SAXE PARK, LANCE. YES. SO I BRIEFLY MENTIONED THIS IN THE, UH, PARKS AND RECREATION BOARD MEETING AND IN MY REPORT TO, TO THIS BOARD. BUT THE CITY DID, UM, UH, SUBMIT A, SUBMIT A PURCHASE BID, WHATEVER PRICE, UH, FOR THE, FOR THE LAND. UH, AND THROUGH NEGOTIATIONS WITH THE BROKER, UH, THEY SETTLE ON A, ON A PRICE THAT DID NOT EXCEED THE, THE AMOUNT THIS BOARD APPROVED. OKAY. ON THE LAST MEETING, UM, I WON'T DISCLOSE THE EXACT AMOUNT YET BECAUSE I THINK THERE'S STILL SOME, UH, MITIGATION GOING ON THAT STILL WON'T EXCEED THE PRICE THAT WE SET FROM THE LAST MEETING. AND THOSE THAT WERE IN THAT MEETING, YEAH. KNOWS THAT AMOUNT. UM, AND LIKE I SAID, THERE'S REALLY NO PLANS FOR THE LAND YET. THE ONLY I THE ONLY, UM, AMENITY THAT WE'VE TALKED ABOUT IS PARKING BECAUSE THOSE THAT HAVE BEEN THERE FOR EVEN A, UH, SPLASH PAD DAY WITH YOUR FAMILY, IT, THERE'S PEOPLE PARKING ON THE STREET EVERYWHERE. AND IF YOU GO DOWN THERE, I DON'T KNOW IF IT'S GONNA HELP THE VOLLEYBALL COURT, BUT IT'LL DEFINITELY HELP THAT PICKLEBALL AREA IN THE, IN THE SPLASH PAD AND THE PLAYGROUND. AND WE ADDED A PLAYGROUND. SO WE HAVE A SPLASH PAD AND A PLAYGROUND. SO FOR SURE THAT'S, THAT'S ONE AREA WE WANNA ADDRESS. UH, HOWEVER, UH, RIGHT NOW WE JUST NEED TO SOLIDIFY THE LAND AND GET THAT TAKEN CARE OF. AND THEN WE'LL MOVE FORWARD ON, UH, DISCUSSING SOME OPTIONS FOR AMENITIES IN THE, IN THE NEW PAR AT THE NEW, IN THE NEW PARCEL. SO THAT IS ALL I HAVE ON THAT. OKAY. CAN I ADD, ADD SOMETHING? I JUST WANNA SAY, UH, WE HAVE SOME NEW MEMBERS HERE. OH, YES. UH, MAKE SURE YOU GUYS ARE, UH, LIKE, LIKE THIS, THE PARK. I DON'T KNOW IF Y'ALL KNOW WHERE IT IS. IF YOU'VE BEEN BY THERE, MAKE SURE YOU DRIVE BY YOU AND TAKE A LOOK AND YOU CAN SEE WHAT HE'S BEEN TALKING ABOUT. THE LAND RIGHT ACROSS THE STREET. UH, YOU KNOW, AS YOU KNOW, POTENTIAL EXPANSION, UH, AND PARKING FOR THE PARK. I PLAY PICKLEBALL. SO I GO OUT THERE AND I KNOW, UH, THERE ARE TIMES WHEN YOU GO IN AND YOU CAN'T EVEN FIND A PARKING SPOT. YEAH. OR IF THERE'S ACTIVITIES GOING ON AND THEY'VE CLEARED MOST OF THE STUFF OFF OF THERE. YEAH, I SAW THAT TOO. THEY PICKED UP, THEY HAD A COUPLE OF BIG CONTAINERS OUT THERE. IT'S CALLED, YOU KNOW, THERE HAVE BEEN SOME QUESTIONS RAISED ABOUT WHAT WILL WE DO WITH IT. MM-HMM . QUESTION, THE OPPORTUNITY TO ACQUIRE IT WAS THERE AND WE HAD THE MEANS TO ACQUIRE IT. SO WE DID. AND NOW WE'LL FIGURE OUT WHAT WE'RE GONNA DO WITH IT. [00:25:02] 'CAUSE I'D SURE HATED TO SEE SOMEBODY GET SOMETHING. AND I, YEAH. AND I CLASS C ZONING, AND I KNOW IT'S IMPORTANT FOR THIS BOARD AND FOR CITY STAFF AND THE COUNCIL THAT WE WANT, WE WANT TO USE MDD FUNDS CONTINUE EVEN ON, ON THAT SIDE, UH, TO KEEP THAT ENTIRE PART USED BY SALES TAX MONEY. SO AS WE MOVE FORWARD, THAT'S, YOU'LL BE MAKING SOME DECISIONS ON, ON THAT. OKAY. UH, THERE NOTHING ELSE. AND I DECLARE THE MEETING CLOSED. THANK YOU. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.