[CALL TO ORDER]
          [00:00:10]
          AND WE'RE GOING TO CALL TO ORDER THE REGULAR SESSION OF THE DUNCANVILLE COMMUNITY AND ECONOMIC DEVELOPMENT CORPORATION. THIS IS MONDAY, OCTOBER 26TH, 2026, AND IT IS 6:00 IN THE EVENING. THIS IS THE CALL TO ORDER. AND THE NEXT THING ON THE AGENDA IS THE INVOCATION. AND I'D ASK YOU TO STAND. AND SINCE MISTER MARVIN GOLF IS ALREADY STANDING, I'M GOING TO CALL ON HIM TO DO THE INVOCATION. 
          NOW WE'RE GOING TO SAY THE PLEDGE OF ALLEGIANCE. AMERICAN FLAG AND TEXAS FLAG. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE. ALLEGIANCE TO THE TEXAS ONE STATE UNDER GOD, ONE AND INDIVISIBLE. THANK YOU. YOU MAY BE SEATED. OKAY. SO A LITTLE BIT OF HOUSECLEANING TONIGHT IN OUR ASSEMBLY. THE EDC BOARD HAS A PLUS ONE, AND HE IS THE ESTEEMED COUNCIL MEMBER FROM THE GREAT DISTRICT NUMBER FOUR OF THE CITY OF DUNCANVILLE. JARED. ALL RIGHT. YOU ARE WELCOME. AND. THE OTHER THING HOUSEKEEPING RELATED THAT I'D LIKE TO MENTION TO YOU ALL IS OUR BELOVED SECRETARY. SAMANTHA LANE IS NOT WITH US TONIGHT. SO THE STAFF IS GOING TO FEEL HER IN AS BEST WE CAN. YES. SO LET'S TEST THE THEORY. 
          WE ARE NOW AT CITIZENS PUBLIC FORUM, AND SO HAVE WE HEARD FROM ANYONE OUT THERE THAT HAS SENT US AN EMAIL. WE HAVE NONE. FABULOUS. THAT WENT SMOOTHLY. THANK YOU. OKAY. NEXT ITEM ON 
          [2. APPROVAL OF DCEDC MEETING MINUTES]
THE AGENDA. WE'RE ON TWO A AND THAT IS APPROVAL OF THE D, C, EDC MEETING MINUTES. NOW, I'D LIKE TO SAY FROM THE OUTSET THAT I. I WILL NOT BE ABLE TO VOTE ON THE MINUTES BECAUSE I WASN'T HERE AT THE LAST MEETING. SHORT VACATION, BUT I'M BACK. THANK YOU VERY MUCH. SO I'M GOING TO JUST DO A LITTLE CHECK TO MAKE SURE THAT THE BOARD HAS HAD OPPORTUNITY TO READ THE MINUTES AND TO DETERMINE IF THERE ARE ANY QUESTIONS OR COMMENTS OR ALTERATIONS. THAT NEED TO BE MADE. AND SO WITH THAT, ANYTHING FROM THE HEY MISTER CHAIR, I MOVE FOR APPROVAL OF THE MEETING MINUTES FROM SEPTEMBER 28TH, 2026. SECOND. OKAY. IT HAS BEEN PROPERLY MOVED AND SECONDED TO APPROVE THE MINUTES. IT IS TIME TO VOTE. 
          [00:05:26]
OKAY. ALL RIGHT. OKAY, SO SHOW OF HANDS. ALL IN FAVOR. OKAY. OPPOSED? ALL RIGHT. THAT WAS UNANIMOUS. 7 TO 0. ALL RIGHT. SO THAT BRINGS US TO ITEM NUMBER THREE, WHICH IS THE 
          [3. DCEDC MONTHLY CALENDAR]
D, C E, D C MONTHLY CALENDAR. AND MISTER GOLF IS READY. ARE YOU GOING TO PRESENT IT, MISTER PARKER? THANK YOU. AS YOU CAN SEE, I'M GLAD YOU STARTED US OFF WITH REFERENCING THE ADMINISTRATIVE ASSISTANTS ABSENCE. OKAY. SORRY ABOUT THAT. I JUST. YEAH, THAT WAS A GOOD HOUSEKEEPING DISCLAIMER FOR US, TOO, RIGHT? LUCKILY, THAT WAS THE ONLY ACTION ITEM WE HAVE SET UP FOR THE NIGHT. SO. ALL RIGHT, SO WE'RE LOOKING AT THE MONTHLY CALENDAR. YOU SHOULD HAVE A COPY OF THAT IN FRONT OF YOU. THIS IS A PREVIEW OF NOVEMBER. AND AS THAT CALENDAR IS SET UP TO FLIP HERE PRETTY SOON. HARD TO BELIEVE WE'RE GOING TO THE 11TH MONTH. AND SO. 
          CITY COUNCIL WILL HAVE ITS FIRST MEETING ON THE THIRD. WE'LL START OUR INCENTIVE GRANT INFO SESSIONS. THAT FOLLOWING WEEK WE GOT A AM SESSION AND AN EVENING SESSION. CHAMBER OF COMMERCE. THEY'VE GOT AN EVENT WE'LL HEAR LATER FROM DUNCANVILLE BETTER BLOCK INITIATIVE. AND YOU KNOW, THIS IS A REGIONAL EVENT, THE BEST SOUTHWEST PARTNERSHIP THEY'RE HAVING LIKE THIS COMMUNITY TOWN HALL ABOUT DATA CENTERS AND IN THE REGION. AND SO IT'S AT 9 A.M. AT UNT DALLAS, IF YOU'RE INTERESTED, A FREE EVENT FOR THE COMMUNITY, LIKE YOU DON'T HAVE TO REGISTER OR ANYTHING. SO THAT'S OUT THERE. AND THEN NOW WE'RE GETTING CLOSE TO, YOU KNOW, TOWARDS THE END AND REALLY THE LAST WEEK OF BUSINESS OF THE WEEK AGAIN, ANOTHER ANOTHER CITY COUNCIL MEETING, OUR BOARD WILL HAVE THEIR EVERY OTHER MONTH MEETING AND THEN CHAMBER OF COMMERCE THERE. DUNCAN SWITCH MARKET AT THE END OF THE WEEK. AND THEN, YOU KNOW, WE'LL HAVE OUR NEXT SESSION ON THE 23RD OF THE MONTH AHEAD OF THE THANKSGIVING HOLIDAY. I WILL POINT OUT THAT THE RECENT ANNOUNCEMENT OF THE NEW CITY MANAGER, DOCTOR ALVAREZ, I BELIEVE SHE'S GOING TO HAVE THAT ON HER CALENDAR. ATTEND AND MAKE A FORMAL INTRODUCTION TO YOU ALL AS WELL. MR. DAVIS, WE'RE CERTAINLY HAPPY TO HAVE YOU AS A COUNCIL LIAISON TO OUR BOARD. SO. AND THEN OUR OFFICES FOR THE CITY HALL WILL BE CLOSED THE LAST WEEK. SO IF MR. MONROE WAS HERE, SHE WOULD HAVE WENT THROUGH THIS MUCH QUICKER. BUT I'M HAPPY TO FILL IN PINCH HIT IN HER ABSENCE. OKAY, SO ANY QUESTIONS FOR MR. GOLF CONCERNING THE CALENDAR AND THE UPCOMING EVENTS? ALL RIGHT. THANK YOU SO MUCH. ALL RIGHT. 
          [4.  BOARD MEMBER REPORTS ]
ITEM FOUR ON THE AGENDA, BOARD MEMBER REPORTS. IS THERE ANYONE ON THE BOARD THAT HAS SOME KNOWLEDGE THAT THEY WOULD LIKE TO SHARE WITH THE GROUP AND WITH THE PUBLIC AT THIS TIME? MISS ABNEY? THANK YOU. I JUST WANTED TO SAY A THANK YOU TO CITY PERSONNEL AND OTHER MEMBERS OF THE BOARD THAT ATTENDED THE BUSINESS EVENT IN CEDAR HILL. IT WAS A GOOD OPPORTUNITY TO SEE THE IMPACT OF WHAT OUR BOARD AND OTHER BOARDS, ECONOMIC DEVELOPMENT BOARDS WERE DOING IN THE AREA, AND ALSO STAKEHOLDERS WERE THERE PRESENT TO DISCUSS COMMON NEEDS. SO THAT WAS GOOD TO HEAR. THANK YOU. ALL RIGHT. ANYONE ELSE? MR. CHAIR, I ALSO WOULD LIKE TO MENTION THAT ABOUT TWO WEEKS AGO, THREE WEEKS AGO, THE DALLAS PLANNING COUNCIL ISSUED THEIR FIRST ISSUE OF THE REPORT THAT HAD A FOCUS ON THE BEST SOUTHWEST AND DUNCANVILLE WAS 
          [00:10:04]
FEATURED IN THERE. AND THERE'LL BE A FOLLOW UP ARTICLE COMING THIS NEXT MONTH AS WELL. ALL RIGHT. VERY GOOD. THANK YOU. AND ANYONE ELSE. ALL RIGHT. THANK YOU SO MUCH, BOARD MEMBERS, FOR YOUR CONTRIBUTION. LET'S SEE WHERE WE ARE. ITEM FIVE DIRECTORS REPORT. MR. GOLF. 
          [5. DIRECTOR'S REPORT]
BACK AGAIN. OKAY, SO WE CLOSE OUT THE FISCAL YEAR IN OCTOBER, REPRESENTS THE FIRST MONTH OF THE NEW FISCAL YEAR. SO IT'S PART OF THE UPDATE AS A SUPPLEMENT TO THE HARD COPIES, TO SOME OF THE MONTHLY REPORTS. JUST SO HAPPENED THAT THIS MONTHLY REPORT COINCIDES WITH THE END OF OUR FISCAL YEAR. SO THE NEXT COUPLE OF SLIDES WILL JUST BE GIVING US A SNAPSHOT OF THE FISCAL YEAR THAT WAS STARTING WITH THE FUND BALANCE AND THAT ACTIVITY. ULTIMATELY, IT GREW COMBINATION OF, YOU KNOW, EXPENDITURES BUDGETED, BUT ALSO SOME TRANSACTIONS THAT CONTRIBUTE TO FUND BALANCE. OKAY. SO WHEN WE LOOK AT THE OPERATING BUDGET AT JUST OVER $3.4 MILLION COMING IN AT ROUGHLY, LET'S SEE, 2.573. SO UNDER THE BUDGETED AMOUNT, AND THEN HOW OUR BUDGET IS BREAKS DOWN INTO THE FIVE DIFFERENT FUND AREAS. SO THEN YOU CAN START TO SEE IN THE CATEGORIES WHAT THAT ACTIVITY WAS. MAKE NOTE OBVIOUSLY THE SPECIAL EVENTS FUNDS BUDGET AMOUNT, BUT THEN THE IMPACT OF THE REVENUE ASSOCIATED WITH THE SERIES OF SIGNATURE EVENTS ULTIMATELY TRANSLATED INTO ROUGHLY $9,000 OVER THAT BUDGETED BENCHMARK. 
          THEN THE OTHER FUNDS, YOU KNOW, TRANSFERS THE GENERAL FUND, OBVIOUSLY BEAUTIFICATION THE WORK WE DO WITH PARKS AND RECREATION AND THE DCDC MAINTAIN PARCELS IN TERMS OF INCENTIVES AWARDED. THIS IS REALLY MORE ABOUT A ROLLING TALLY OF THE AWARDS THAT WE'VE MADE, BECAUSE SOME OF THEM ARE MULTI-YEAR. SOME OF THEM ARE TRIGGERED BY THE COMPLETION OF THE PROJECT AND THEN THE REIMBURSEMENT. BUT ONCE WE'VE AWARDED THOSE FUNDS, THEN WE STILL ACCOUNT FOR THEM IN CARRYOVER IN OUR CURRENT FISCAL YEAR. SO WHAT WE SEE HERE IS JUST A BREAKDOWN IN BASED ON ALL THOSE 11 AGREEMENTS. BUT FOUR OF THE 11 AGREEMENTS THAT WERE AWARDED AND REFLECTED DURING THAT PERIOD HAVE CLOSED. AND SO, SEVEN ACTIVE INCENTIVE GRANTS AND PROJECTS. AND HERE'S AN ILLUSTRATION OF WHAT THEY ARE. AGAIN, THIS IS SUPPLEMENTED BY THE REPORTS IN OUR PACKET. OKAY. SALES TAX ANOTHER CATEGORY, RIGHT. THIS IS THE THE THING THAT FUELS OUR ACTIVITIES AND OUR WORK PLAN. THE PERCENTAGE OF THE SALES TAX THAT WE SHARE THAT'S GENERATED IN THE COMMUNITY. AND SO WHEN WE JUST LOOK AT, AGAIN, WE'RE ONLY COUNTING FOR 11 OF THE MONTHS, BUT BECAUSE WE'RE ALWAYS REFLECTED IN THE THE ARREARS. BUT THIS IS ESSENTIALLY WHAT THAT SHOWS. SO THESE SAME 11 MONTH PERIOD, FY 20 2025 COMPARED TO THIS CURRENT FISCAL YEAR THAT, YOU KNOW, WE'RE COMPLETING, THIS IS WHAT, YOU KNOW, THE TOTAL CUMULATIVE REPRESENTS FOR SALES TAX COLLECTION AND ON PACE TO FINISH ABOVE THE BUDGETED AMOUNT OF REVENUES TO BE COLLECTED WITH SALES TAX. RIGHT. 
          SO SPECIAL THANKS TO OUR CITY FINANCE DEPARTMENT, PARTICULARLY JENNIFER OTAY. YOU KNOW, SHE REALLY HELPS AND WORKS ALONGSIDE WITH TRACKING THESE CATEGORIES. OKAY. 
          INCENTIVE OPEN REWARDS. IT'S BEEN SEVERAL MONTHS SINCE WE TALKED ABOUT THIS CAMPAIGN THAT THIS BOARD AUTHORIZED DURING THE PREVIOUS FISCAL YEAR. IT'S JUST A SNAPSHOT OF SOME OF THE ACTIVITY THAT'S TRANSLATED SINCE WE'VE JUST KIND OF MADE THIS A FLOATING COMMUNITY ECONOMIC INCENTIVE TO INCENTIVIZE LOCAL SHOPPING, THE RECYCLING OF DOLLARS AS A SUPPORT FOR OUR LOCAL MERCHANTS. WE'RE ACTUALLY CONTRACTING WITH A LOCAL MARKETING FIRM TO REALLY HELP DRIVE MORE AWARENESS AND PARTICIPATION IN THIS FUND, CREATING SOME CONTENT VIDEOS, JUST STAYING TOP OF MIND WITH OUR LOCAL CONSUMERS AND MAKING THEM AWARE OF THIS PROGRAM. THEM AND THE LOCAL BUSINESSES. OKAY. BUSINESS VISIT. THIS IS A, WE'LL SAY, KEY ACTIVITY AS PART OF OUR BUSINESS RETENTION, YOU KNOW, AND AMBASSADOR EFFORTS AS PART OF OUR WORK PLAN. SO WE HAVE SOFT TARGET OF AT LEAST 60 PHYSICAL BUSINESS RETENTION VISITS WHERE, YOU KNOW, OUR SMALL TEAM IS OUT, YOU KNOW, ON THE COURT OR ON OUR FEET, ENGAGING, TALKING WITH BUSINESSES, OBSERVING THE CONDITIONS, COMMUNICATING WITH 
          [00:15:02]
THOSE MERCHANTS AS PART OF THAT EFFORT. SO IF WE TAKE A LOOK AT REALLY A TOTAL OF 71 COUNTS, 64 ACTUAL RETENTION VISITS, OTHER ONES RESULT IN FOLLOW UP BECAUSE THEY TURN EXPANSION OPPORTUNITIES. A COUPLE OF PRE OPENINGS, GRAND OPENINGS AS WELL. AND SO ANY QUESTIONS? THAT'S A SUMMARY OF, YOU KNOW, WHAT WE HAVE SET UP TO KIND OF TALK ABOUT AS A DIRECTOR'S REPORT. QUICK PREVIEW. I WILL SAY WE'RE GOING TO BE MAKING OUR SEMIANNUAL REPORTS INSTEAD OF QUARTERLY. THE ORGANIZATION DOES THAT FOR THE CITY COUNCIL. SO A LOT OF THIS YOU'LL SEE WHEN WE DO THAT SAME REPORT FOR THIS BOARD TO CLOSE OUT THE YEAR. SO STAND FOR ANY QUESTIONS. WELL, I DON'T HAVE A QUESTION PER SE, BUT I'M VERY, VERY APPRECIATIVE TO GET THE REPORT. I'M ONE OF A NUMBER OF PEOPLE WHO LEARN VISUALLY. SO IT'S REALLY NICE TO HAVE THIS KIND OF FORMAT. SO WHAT I'LL DO IS I'LL TAKE THE INFORMATION AND LOOK AT IT. AND IF I HAVE ANY FOLLOW UP QUESTIONS, I WILL GET BACK TO YOU. BUT IN THE MEANTIME, DOES ANY BOARD MEMBER HAVE ANY QUESTIONS ON THIS MATERIAL? ALL RIGHT. THANK YOU, THANK YOU. OKAY. ITEM SIX CONSENT AGENDA. WE DON'T HAVE ANYTHING ON CONSENT AGENDA TO DECIDE, SO WE WILL JUST MOVE FORWARD TO THE NEXT ITEM. BRIEFINGS AND PRESENTATIONS. AND FOR THE FIRST BRIEFING AND 
          [7.A.  STAR Transit Briefing and Update ]
PRESENTATION, ADDITIONAL INTRODUCTION. RIGHT. SO INTRODUCE MR. MR. DAVID DAVIS AS A CITY COUNCIL LIAISON. WE ALSO HAVE JOINING THE START OF HER SECOND WEEK WITH THE, WITH, WITH OUR STAFF, WITH OUR ECONOMIC DEVELOPMENT STAFF FILLING THE VACANCY AS AN ECONOMIC DEVELOPMENT COORDINATOR. SO I ASK HER TO STAND AND I'LL INTRODUCE HER. 
          THIS IS ROCHELLE HENDERSON, MOST RECENTLY FROM THE CITY OF DALLAS IN THEIR HOUSING AND COMMUNITY REVITALIZATION DEPARTMENT. SHE'S A PROJECT MANAGER, SO WE'RE HAPPY TO ADD HER TO OUR TEAM AGAIN, FILL THAT CRITICAL VACANCY THAT WE HAVE TO KIND OF SUPPORT SOME OF THE THINGS WE WENT THROUGH PRETTY QUICKLY DURING THE DIRECTOR'S REPORT, BUT WE'RE EXCITED TO HAVE, YOU KNOW, MORE MANPOWER, YOU KNOW, MORE TALENT, MORE BRAIN POWER, YOU KNOW, MORE HANDS AND FEET TO HELP ADVANCE OUR EFFORTS AT THE START OF THIS FISCAL YEAR. SO SHE'S ALREADY JUMPING IN AND WE'RE EXCITED TO HAVE HER. SO. ALL RIGHT. OKAY. ITEM SEVEN, A STAR TRANSIT BRIEFING AND UPDATE. MARCELLA. YES. GOOD EVENING, BOARD PRESIDENT HARVEY. 
          MARCELLA PEREZ, ECONOMIC DEVELOPMENT MANAGER. I AM HERE INTRODUCING MISS KIM BRITTON. 
          SHE'S THE DEPUTY EXECUTIVE DIRECTOR FOR STAR TRANSIT, AND SHE'LL BE FOLLOWING UP ON SOME OF THE INFORMATION THAT WE PRESENTED TO YOU ALL LAST MONTH AND SOME ADDING, PRESENTING SOME ADDITIONAL CONSIDERATIONS FOR THE BOARD. GOOD EVENING. THANK YOU SO MUCH FOR HAVING ME. 
          SO I'M JUST GOING TO WALK THROUGH A LITTLE BIT ABOUT WHO WE ARE AND THEN JUST GIVE YOU SOME INFORMATION. AND REALLY, AS MARCELLA SAID, JUST TO FOLLOW UP ON THE CONVERSATIONS THAT WE HAD EARLIER IN THE YEAR. SO WE'VE BEEN PROVIDING TRANSPORTATION FOR OVER 45 YEARS. OUR MISSION IS TO IMPROVE QUALITY OF LIFE THROUGH SAFE, AFFORDABLE AND RELIABLE MOBILITY. WE'RE A POLITICAL SUBDIVISION OF THE STATE OF TEXAS. WE PROVIDE OVER 260,000 TRIPS A YEAR. WE ACTUALLY JUST UPDATED THAT NUMBER FROM 230,000. SO WHICH IS AWESOME. 
          AND WE DO THAT WITH A STAFF OF ABOUT 80 PEOPLE. WE PUT ABOUT 55, 60 VEHICLES ON THE ROAD EVERY DAY, AND OUR CALL CENTER TAKES ABOUT 700 TO 700 CALLS A DAY. WE ARE BASED IN KAUFMAN COUNTY, WHERE WE ARE THE DESIGNATED RURAL TRANSIT DISTRICT. WE ARE THE FOURTH LARGEST TRANSIT AGENCY IN THIS AREA BEHIND TRINITY METRO, DART AND DCTA. WE DO THAT WITHOUT DEDICATED SALES TAX. AND THEN WE DID LAUNCH SERVICE IN DUNCANVILLE, DEMAND RESPONSE AND MICRO TRANSIT IN JULY OF 2023. SO THE TYPES OF SERVICES THAT WE PROVIDE IS DEMAND RESPONSE. THIS IS THE HOURS OF OPERATION ARE MONDAY THROUGH FRIDAY, 6 A.M. TO 6 P.M. THIS IS OUR PRE BOOK SERVICE. YOU CAN BOOK ONE BUSINESS DAY UP TO TWO WEEKS IN ADVANCE. THE FARES 
          [00:20:01]
ARE BASED ON DISTANCE AND THEY RANGE BETWEEN 1 AND $12. AND YOU BOOK WE DO OFFER HALF FARES FOR THOSE THAT ARE 60 PLUS VETERAN AND AND OR DISABLED RIDERS. YOU BOOK YOUR TRIP BY CALLING OUR CALL CENTER, WHICH IS OPEN MONDAY THROUGH FRIDAY, 8 A.M. TO 4 P.M. AND THEN OUR WHICH IS ALSO CURB TO CURB. SO YOU CALL BOOK YOUR TRIP. WE COME PICK YOU UP, TAKE YOU WHERE YOU WANT TO GO, AND BRING YOU BACK. THIS SERVICE. WE. YOU CAN ACCESS OUR SERVICE AREA, THE SURROUNDING SERVICE AREA SO YOU CAN ACCESS DESOTO, CEDAR HILL, LANCASTER, ALSO WILMER-HUTCHINS. AND WHO DID I FORGET? AND THEN ALSO YOU CAN ALSO ACCESS KAUFMAN COUNTY AND ROCKWALL COUNTY. ALL OF THE RIDES ARE BASED ON AVAILABILITY. SO ALSO WITH DEMAND RESPONSE, YOU CAN GO INTO DALLAS FOR MEDICAL APPOINTMENTS. SO IF THERE'S SOMEONE THAT RESIDES IN DUNCANVILLE AND THEY NEED TO GET TO THE V.A. PARKLAND, BAYLOR, THEY CAN DO THAT THROUGH OUR PRE BOOKED SERVICE. THE SECOND SERVICE IS OUR MICRO TRANSIT SERVICE. THIS IS THE EXACT SAME SERVICE AS OUR DEMAND RESPONSE. IT'S CURB TO CURB. HOWEVER, IT'S A LITTLE BIT DIFFERENT BECAUSE IT IS SAME DAY TRANSPORTATION. AND WE HAVE AN APP THAT THEY CAN USE TO BOOK THIS. IF THEY DON'T UTILIZE A SMARTPHONE, THEN THEY ARE ABLE TO CALL AND BOOK THAT TRIP. SERVICE OPERATES MONDAY THROUGH FRIDAY, 6 TO 6. WE HAVE IN THE FARES ARE ARRANGED BETWEEN 1 AND $2. AND THE REASON WHY THAT'S A LITTLE BIT DIFFERENT, AND I'LL SHOW YOU HERE IN THE NEXT SLIDE, IS BECAUSE IT IS CONFINED TO A ZONE. AND SO IT TRAVELS WITH A MORE STRICT ZONE. YOU DON'T. WE ARE NOT ABLE TO GO INTO DALLAS FOR MEDICAL APPOINTMENTS WITH THIS SERVICE. THEY WOULD HAVE TO PRE BOOK THAT APPOINTMENT. WE HAVE INCORPORATED UBER INTO THIS SERVICE. AND HOW THAT WORKS IS IF SOMEONE GETS ON THE APP OR THEY GIVE US A CALL AND IT'S GOING TO TAKE A STAR TRANSIT VEHICLE LONGER THAN AN HOUR TO GET TO THEM, THEN THEY ARE OFFERED THE OPPORTUNITY TO GET AN UBER. THEY HAVE TO APPROVE THAT. THEY WE JUST DON'T ISSUE THAT BECAUSE SOME PEOPLE ARE NOT COMFORTABLE AND IT IS THE EXACT SAME FARE. SO IT'S $2 OR $1 BASED ON. IF THEY FIT WITHIN THAT DISCOUNTED CATEGORY. SO IF THEY'RE 60 PLUS VETERANS OR DISABLED, THEN THE SAME DAY SERVICE IS THAT $1 $1 FARE. AGAIN, WE DO HAVE AN APP THAT'S AVAILABLE THAT THEY CAN BOOK THEIR TRIPS FOR FY 26, THE COST OF SERVICE WAS $58.50 PER HOUR. EVERY YEAR, OUR BOARD APPROVES THAT COST OF SERVICE, AND WE'LL WALK THROUGH WHAT IT IS IN FY 27 IN THE NEXT COUPLE OF SLIDES. BUT THERE'S YOUR COST ON WHAT YOU GUYS PAID FOR IN FY 26. AND THEN I WAS TALKING ABOUT THAT ZONE FOR THE MICRO TRANSIT WHEN WE FIRST LAUNCHED IN DUNCANVILLE IN 2023, THE ZONES WERE BROKEN UP INTO CITY LIMITS. WE QUICKLY GOT REQUESTS FROM DUNCANVILLE CITIZENS TO BE ABLE TO GO INTO CEDAR HILL AND DESOTO ON SAME DAY SERVICE. SO WE MADE THAT CHANGE PRETTY QUICKLY. AND SO FOR THOSE THAT THAT LIVE IN DUNCANVILLE, THERE THEY ARE, AS WELL AS DUNCANVILLE, CEDAR HILL AND DESOTO. THEY ARE ABLE ON THAT SAME DAY SERVICE TO GO WITHIN THAT THREE CITY ZONE. PLUS THEY CAN GET TO THE DART UNT STATION, THE RED BIRD TRANSIT CENTER, THE GLENN HEIGHTS PARK AND RIDE THE RED BIRD HEALTH CLUB HEALTH COMPLEX. SO THERE'S A SOCIAL SECURITY OFFICE AS WELL AS THE TWO DUNCANVILLE ISD'S THAT FALL OUTSIDE OF THOSE CITY LIMITS. FROM A RIDERSHIP STANDPOINT, THE FIRST CHART IS TOTAL TRIPS, SO THAT IS INCLUDE MICRO TRANSIT AND STAR NOW SERVICE. 
          WE ALWAYS, WHEN WE COME INTO TO NEW CITIES, WE ALWAYS ASK IT IS TRANSIT CUSTOMARY FOR TRANSIT SERVICES TO HAVE A THREE YEAR PERIOD TO SHOW GROWTH? THAT'S WHAT YOU WANT TO SEE IS WITHIN THAT THREE YEARS. AND SO YOU CAN DEFINITELY SEE WHERE THE CITY HAS GROWN. YOU CAN SEE WHERE IN FY 25 AND FY 26, WE ADDED IN THAT UBER ASPECT. SO THAT'S WHY THOSE NUMBERS HAVE GONE UP. AND THEN IN THE SECOND CHART YOU CAN SEE WE BROKE THOSE MICRO TRANSIT TRIPS OUT. 
          SO CURRENTLY THE AVERAGE IS 400 PER MONTH. 50% OF THOSE TRIPS ARE BEING TAKEN ON UBER. AND THEN FOR FY 26, IN ORDER TO REMAIN WITHIN BUDGET, WE ARE ABLE TO CAP THE NUMBER OF THE AMOUNT OF MONEY THAT IS SPENT PER MONTH ON UBER, BECAUSE IF WE JUST OPEN THAT UP, WE WOULD BLOW THROUGH THAT BUDGET SO QUICKLY IN THE FIRST OF THE MONTH. AND SO THAT IS ONE OF THE THINGS WHEN WE STARTED WORKING WITH THE SOFTWARE PROVIDER IN 2019, WE DIDN'T START OFF WITH, YOU KNOW, HAVING UBER'S NUMBER ONE. IT WASN'T AN OPTION FROM A FROM A SOFTWARE STANDPOINT. BUT WHEN WE WERE ABLE TO CAP THAT AND STAY WITHIN BUDGET, THEN WE QUICKLY ADDED THAT AS AN OPTION, JUST BECAUSE IT OPENED UP MORE OPPORTUNITY FOR AND A MORE AVAILABILITY FOR OUR RIDERS. AND RIGHT NOW WITH THE CITY OF DUNCANVILLE, THAT UBER LIMIT IS 
          [00:25:06]
BEING MET 80% OF THE TIME. AND SO YOU CAN SEE THAT WE'RE BASICALLY MEETING THAT OUR BUDGET WITH ON A MONTHLY BASIS. I LIKE STATS, SO SOME ADDITIONAL STATS. WE HAVE AN 88% ON TIME PERFORMANCE. WE DO THROUGH THE APP. RIDERS ARE ABLE TO RATE US OR GIVE US REVIEWS. AND SO RIGHT NOW WE HAVE A 98 OUT OF THOSE THAT ARE RATING US. WE HAVE A 98% POSITIVE REVIEWS. THERE ARE OVER 780 UNIQUE RIDERS THAT ARE CURRENTLY UTILIZING THE SERVICE, AND RIGHT NOW, 63% ARE BOOKING THEIR TRIPS ON THE APP, WHICH IS WHAT YOU WANT TO SEE. 
          QUESTION. GO AHEAD, DEFINE UNIQUE RIDER. SO THAT'S SOMEONE THAT'S UTILIZED THE SERVICE AT LEAST ONE TIME. I WAS ASKED TO INCLUDE SOME OF THE RIDERSHIP FROM THE OTHER CITIES THAT ARE IN THE BEST SOUTHWEST, AND SO ON THIS SLIDE, IT DOES SHOW YOU THE RIDERSHIP FOR FY 26 FROM SOME OF THE OTHER CITIES. DESOTO. WE LAUNCHED IN DESOTO IN 2018. SO THERE'S LONGEVITY EVERY YEAR, THE CITY HAS ADDED INCREMENTALLY TO THEIR BUDGET, WHICH IS WHY THEY YOU DO SEE THAT HIGHER NUMBER ALSO WITH THE WITH THE OTHER CITIES AS WELL. THEY DO HAVE A HIGHER PRICE POINT THAN DUNCANVILLE. SO YOU DO SEE A DIRECT CORRELATION WITH THAT RIDERSHIP. 
          ANY QUESTIONS ABOUT ANY OF THAT SO FAR? I'M TRYING NOT TO GO TOO FAST. I USUALLY SPEED THROUGH. SO. SO THEN FROM A BUDGET STANDPOINT FOR FY 27, THE PRICE PER HOUR IS $60.50. 
          AND IN ORDER TO MAINTAIN THAT CURRENT LEVEL OF DEMAND RESPONSE AND MICROTRANSIT SERVICE, DUNCANVILLE IS F. THE FY 27 ANNUAL OPERATING COST IS $96,750. ONE OF THE ITEMS THAT WE WANT ARE WANTING TO PUT FORTH TONIGHT IS JUST FOR FURTHER CONSIDERATION. WHEN YOU'RE LOOKING AT THAT NUMBER OF RIDERSHIP, IF THERE'S NOT ANY ADDITIONAL MONEY ADDED TO THAT BUDGET, YOU'RE GOING TO START SEEING THAT NUMBER GO FLAT. IN ORDER TO GET THAT RIDERSHIP, WE HAVE TO PROVIDE MORE SERVICE. AND SO FOR NOW, YOU KNOW WHAT YOU WILL SEE BASED ON THE BUDGET FOR FY 27, THE CURRENT APPROVED BUDGET IS THAT WE'LL SEE THAT NUMBER REMAIN PRETTY FLAT FOR FY 27. AND SO ONE OF THE ONE OF THE ITEMS THAT WE ARE BRINGING TO YOU GUYS IS ADDING SOME ADDITIONAL SERVICE, WHICH WOULD BE THREE HOURS. IT WOULD BE FROM TO RIGHT NOW SERVICE TO 6 A.M. TO 6 P.M. AND SO WE ARE SUGGESTING A 5 A.M. TO 8 P.M. 
          THAT'S CONSISTENT WITH WHAT DESOTO, LANCASTER, HUTCHINS ARE CURRENTLY DOING. AND THAT IS REALLY TO ACCOMMODATE THOSE WORK SHIFTS, WHICH IS WHERE WE SEE A LOT OF THAT RIDERSHIP COME FROM. FY FOR FY 26, THERE WERE OVER 4800 TRIPS WITHIN THAT TIME FRAME. TIME FRAME FOR THOSE CITIES THAT WE THAT I MENTIONED. AND IN DOING SO, I WANT TO MAKE SURE I CLARIFY. SO FOR THE CITY OF DUNCANVILLE, THE COST WOULD BE $22,687. WE GET 50. WE ARE ABLE TO FUND THIS THROUGH A 5050 GRANT. AS YOU GUYS KNOW, THERE IS GRANT DOLLARS ASSOCIATED WITH THE BUDGET. AND SO IT WOULD ACTUALLY BE DOUBLE WHAT IT WOULD BE. DOUBLE IS WHAT YOU WOULD GET FOR THAT 22,287. SO THE ACTUAL COST TO YOU GUYS IS 22,687. BUT THE TOTAL COST OF SERVICE THAT YOU WOULD RECEIVE, BECAUSE WE WOULD GO GET 50% ADDITIONAL, WOULD BE 45,374. SO WHEN YOU SEE THAT 6320 ANNUAL RIDES, DOUBLE THAT. AND SO THAT WAS A MISTAKE ON MY PART THAT I SHOULD HAVE INCLUDED SO THAT THAT NUMBER WOULD ACTUALLY BE DOUBLED BECAUSE WE'RE GOING TO GO GET THAT THROUGH GRANT DOLLARS. DOES THAT MAKE SENSE? AND SO SO AGAIN, THAT'S A 5050 GRANT. YOU GUYS PAY THE 22,687. WE'RE GOING TO GO GET $22,687 FROM OUR FUNDING PARTNER THROUGH COG. AND THEN THIS WOULD INCREASE THE TIME FROM 5 TO 6 AND THEN FROM 6 TO 8. AND THEN THAT WOULD INCLUDE DUNCANVILLE, CEDAR HILL AND DESOTO CITY LIMITS. PLUS THAT LIST OF DART STATIONS AND OTHER LOCATIONS THAT WERE ON THAT MAP. ANY QUESTIONS OR COMMENTS? I HAVE A QUESTION. SO IN LOOKING AT YOUR REVENUE STRUCTURE, YOU RECEIVE REVENUES FROM FARES. 
          YOU RECEIVE ASSISTANCE FROM THE CITY'S. YOU RECEIVE GRANT MONIES FROM. COG FEDERAL. OKAY. 
          [00:30:11]
AND THEN YOU DO YOU DO A COST OF SERVICE STUDY EVERY YEAR PREPARATORY TO LETTING THE CITIES KNOW WHAT IT IS THEY'RE GOING TO BE. USE MY CHOICE OF WORDS ON THE HOOK FOR. YEAH. 
          OKAY. ALL RIGHT. SO GO AHEAD. I'M SORRY. NO NO NO, NO, YOU GO AHEAD. YOU SAID YOU HAD A QUESTION. NO, THAT I WAS NOT SO MUCH A QUESTION, BUT JUST THAT CLARIFICATION, THAT LONG EXTENDED THOUGHT I WAS REFERRING TO JUST. AND SO IN ORDER FOR US TO GET THOSE GRANT DOLLARS, THE CITIES HAVE TO MATCH THAT. SO WE DON'T GET GRANT DOLLARS UNLESS YOU GUYS PROVIDE THAT PORTION OF, OF THE COST OF SERVICE. ALL RIGHT. WELL, OTHER QUESTIONS. I SEE SOME NEW FACES. SO IT'S NICE TO SEE YOU ALL. WELL, I'M STILL I'M STILL CHURNING IT THROUGH MY HEAD. GIVE ME JUST A SECOND. OKAY. SO. THE THE ADVANTAGES TO UTILIZING. YOU GUYS AND DART AND EVERYBODY WHO'S IN THAT BUSINESS IS TO TRY TO KEEP CARS OFF THE ROAD. YES. AND AND ALSO TO THEIR CITIZENS, I'M SURE IN THIS COMMUNITY AND ALL OVER THE METROPLEX THAT NEED MEDICAL TRANSPORTATION AND OTHER THINGS. AND THAT'S WHERE YOU GUYS COME IN. ALL RIGHT, I THINK I GOT IT. 
          ANY OTHER QUESTIONS FROM ANY OTHER MEMBER OF THE BOARD? SORRY, I DO HAVE ONE QUESTION. 
          DO WE HAVE ANY DEMOGRAPHIC INFORMATION ON OUR RIDERSHIP FROM DUNCANVILLE? SO THE WHAT WE CAN PROVIDE IS AGE. SO 80% OF THE TRIPS THAT WE DO ACROSS ALL OF OUR SERVICE AREAS IS ELDERLY. THE 60 PLUS OR DISABLED RIDERS WE DON'T. SO FROM AN AGE STANDPOINT, WE COLLECT THAT DATA. WE ALSO COLLECT WHERE THEY'RE GOING. SO TRIP PURPOSE. BUT LIKE WE WERE ON A MEETING THIS AFTERNOON WITH PARKLAND AND THEY ASKED THE SAME QUESTION. AND WE DON'T COLLECT LIKE. OTHER DEMOCRAT THAT WE JUST DON'T COLLECT THAT INFORMATION. I MEAN, AGE IS APPROPRIATE ENOUGH FOR ME. THANK YOU. YES. COUNCIL MEMBER THANK YOU, MR. CHAIR, AND THANK YOU SO MUCH FOR YOUR PRESENTATION. I DO JUST HAVE A COUPLE FOLLOW UP QUESTIONS FOR YOU. OF THE 6407 DUNCANVILLE PARTICULAR RIDERS, OR THOSE ARE THOSE TRIPS OR THOSE RIDERS. 
          THOSE ARE TRIPS. THOSE ARE TRIPS. AND SO THAT MATCHES THAT NUMBER THAT WAS EARLIER IN YOUR PRESENTATION. OKAY. THANK YOU. OF THE 6407 TRIPS AND THE 786 UNIQUE RIDERS, HOW MANY OF THEM ARE PARTICULAR TO DUNCANVILLE? IF WE JUST HAD TO KNOW HOW MANY PARTICULAR RESIDENTS WERE ACCESSING THIS SERVICE, THAT WE'RE MAKING AN INVESTMENT IN, THAT 786 IS DUNCANVILLE RESIDENTS. OKAY, SO THAT SO THE UNIQUE RIDERS PERTAINS DIRECTLY TO DUNCANVILLE, AS DOES THE 6407. THANK YOU OF THE. SO MY UNDERSTANDING IS, IN YOUR SCHEDULING SCHEME, PARDON THE. 
          IN YOUR SCHEDULING SCHEME, IT'S MY UNDERSTANDING OR YOU. YOU MENTIONED THAT IF A TRIP CAN'T BE BOOKED WITHIN AN HOUR. CORRECT. THEN IT GOES TO UBER. CORRECT. AND THEN OVER, I BELIEVE YOU SAID OVER 50% OF THOSE MICRO TRANSIT TRIPS IN DUNCANVILLE. I. NOW I'M UNDERSTANDING ALL THE NUMBERS RELATE TO US, RIGHT? CORRECT. SO OF THAT THOSE INDIVIDUALS IN THE IN THE MICRO TRANSIT ARE IN, IN DUNCANVILLE, BUT NOW YOU HAVE A CAP AT 80%. WHAT DOES THAT DO FOR WAIT TIMES OF THE 786 RIDERS? SO RIGHT NOW, OH GOSH, I'D HAVE TO LOOK, WE PROVIDE A REPORT TO YOU GUYS EVERY MONTH AND I CAN. I'VE HAD IT PULLED UP AND I DIDN'T BRING MY PHONE UP HERE. BUT OUR GOAL IS TO STAY BETWEEN 15 AND 20 MINUTES AND WE ARE MEETING THAT GOAL RIGHT NOW. I THINK IT'S BETWEEN 16 AND 18 MINUTES. AND SO IF WE DID NOT HAVE UBER, THEN YOU'RE LOOKING AT, I THINK BEFORE WE EVEN ADDED UBER, WE WERE LOOKING AT 30 TO 40 MINUTE WAIT TIME FOR THOSE SAME DAY TRIPS. RIGHT. BUT BUT DO YOU UNDERSTAND THE BASIS OF MY QUESTION? AND SO I'LL BE LOOKING FOR THAT, I THINK, IN THAT INFORMATION TO COME. 
          BECAUSE IF YOU NOW HAVE A CAP IN ORDER TO CONTAIN AND CONTROL COST OVER AN HOUR AWAY WITHOUT 
          [00:35:07]
REGARD TO YOUR IDEAL WAIT TIME, IT HAS TO HAVE A MATERIAL IMPACT TO, TO RESIDENTS WAITING OUT OF THE 786. YOU ARE CORRECT. OKAY. THANK YOU. OH, ONE LAST QUESTION. SO THE RENEWAL IS AT 96, SEVEN 5 OR 750. AND THEN THE OTHER IS 22. IS THAT IN ADDITION, ARE WE LOOKING AT THOSE SERVICES SEPARATE. SO MICROTRANSIT IS QUOTED ON THE 5050. AND THEN THE OTHER IS ON A IT'S 6040. SO DEMAND RESPONSE IS ACTUALLY A 6040 GRANT. SO THE CITY COVERS 40% AND WE'RE ABLE TO GET 60% OF THAT OTHER OF THAT OTHER COST. BUT WE ARE LOOKING AT BOTH NUMBERS. I SEE, OH, I'M SORRY. GO AHEAD TO ANSWER YOUR QUESTION, COUNCIL MEMBER. SO THE BUDGETED AMOUNT FOR FISCAL YEAR 27 WAS ALREADY INCLUDED IN THE APPROVED BUDGET THAT THE DC, DC PASSED. SO THE ADDITIONAL AMOUNT WOULD JUST BE THE 22,000 AS MENTIONED. OKAY. THAT WOULD BE THE ADDITIONAL. 
          OKAY. THANK YOU FOR THAT CLARIFICATION. THANK YOU, MR. CHAIR. YOU'RE WELCOME. ANY MORE QUESTIONS FROM THE BOARD? YES. SO THE ADDITIONAL 22,000 WITHOUT THAT, DOES IT KEEP US AT. WHAT DOES IT KEEP US IF WITHOUT FROM A PRICE STANDPOINT OR USER RIDER, WHAT IS IT YOU'RE LOOKING AT? YOU'RE GOING TO. SO WE WOULD NOT ADD ANY ADDITIONAL DOLLARS TO THAT UBER BUDGET. SO YOU'RE STILL LOOKING AT THAT SAME. SO YOU'LL START SEEING A PLATEAU OF RIDERSHIP BECAUSE WE'RE NOT ADDING ANY ADDITIONAL SERVICE. SO WE HAVE CERTAIN HOURS THAT WE PROVIDE PLUS A CERTAIN AMOUNT OF OF UBER TRIPS. SO YOU'LL START SEEING A PLATEAU OF THAT WAS THE 22 TO ADD FROM 6 TO 5 AND 6 TO 8. THAT IS TO ADD SOME ADDITIONAL UBER. THAT'S WHAT THE 22 IS FOR. THAT'S CORRECT. THE THOUGHT PROCESS IS ADDING THOSE. IT COULD ADD MORE RIDERS. 
          CORRECT. OKAY. YEAH. YOU'RE LOOKING AT I THINK WHAT IS THAT. THERE WAS 16 FOR THE 22 IS LIKE 16. I FORGOT WHAT I PUT IN THERE. THE 1620 REALLY COULD DOUBLE THAT BECAUSE YOU'RE ACTUALLY GETTING BECAUSE WE'RE GOING TO GO GET 50% ADDITIONAL, RIGHT. SO YOU'LL DOUBLE THOSE. 
          SO THAT WOULD BE WHAT YOU WOULD, YOU SHOULD SEE WHEN WE'RE HERE NEXT YEAR THAT THEN YOU SHOULD SEE THAT RISE BY THAT MUCH. WHAT ABOUT THE SIZE OF THE DIFFERENT CITIES AND THE RATIOS LIKE A NUMBER OF LIKE THE POPULATIONS FROM THE THREE. SO EACH BUDGET IS UNIQUE TO THE CITY. SO IT'S REALLY BASED ON THE AMOUNT OF SERVICE THAT EACH CITY WANTS TO PUT ON THE ROAD. 
          AND SO THAT'S, I MEAN, IT'S GOING TO BE BASED ON WHAT THEY WHAT THEY CHOOSE TO BUDGET. AND IT'S NOT WE DON'T LOOK AT IT FROM A, A. POPULATION STANDPOINT. IT'S REALLY JUST BASED ON THE AMOUNT OF SERVICE THAT THEY WANT TO PUT ON THE ROAD. THANK YOU. YOU'RE WELCOME. 
          GOOD QUESTIONS. I LIKE QUESTIONS, ESPECIALLY WHEN I CAN ANSWER THEM. WELL, YOU'RE IN THE RIGHT PLACE. ANY OTHER QUESTIONS? WELL THANK YOU SO MUCH. THANK YOU SO MUCH. I REALLY APPRECIATE IT. ALRIGHTY. NEXT PRESENTER. DUNCANVILLE. COME ON DOWN. 
          [7.B.  Duncanville Better Block - Pre Launch Briefing and Update ]
AND ALSO ANNOUNCE ATTORNEY HAGER IS NOW JOINING US ON TEAMS. GOOD EVENING, MR. HAGER. SORRY I'M THERE. OKAY. HE'S ON A LITTLE LATE ISN'T HE. YEAH. WELL, YOU KNOW WHAT I WAS DOING. NO, I DON'T KNOW WHAT YOU'RE DOING. I WAS HAVING AN MRI. OH. WHO AN MRI. OH, BLESS YOUR HEART. AS YOU SAY IN TEXAS. YES. OKAY. OKAY. SO THE NEXT BRIEFING ON OUR AGENDA, BOARD MEMBERS IS DUNCANVILLE BETTER BLOCK. IT'S AN ITEM THAT WAS APPROVED AS PART OF AN ACTIVE COMMUNITY DEMONSTRATION PROJECT, COMMUNITY AGREEMENT WITH THIS CORPORATION. AND SO TONIGHT, TO TALK ABOUT THE UPCOMING LAUNCH OF THE PROJECT IS MISS KRISTIN NIGHTINGALE OF BETTER BLOCK. I 
          [00:40:12]
WAS ASKED TO KEEP THIS SHORT, SO WE'RE GOING TO SEE HOW WELL WE DO, BUT I CAN COME BACK LATER AND GO EVEN FURTHER INTO DETAIL BECAUSE WE HAVE A LOT HERE FOR YOU. BUT I WE WANTED TO GIVE YOU JUST A LITTLE BIT OF A PRELAUNCH UPDATE AS TO WHERE WE ARE. AND BEFORE I DIVE IN, I DO WANT TO SAY WE GET TO WORK WITH A LOT OF CITIES ALL AROUND THE US AND A LOT OF CITY STAFF AND THE DUNCANVILLE CITY STAFF IS AMAZING. THEY ARE ALWAYS ON THE CALLS, THEY ARE ALWAYS ANSWERING OUR EMAILS, AND I'VE REALLY APPRECIATED GETTING TO WORK WITH THEM. SO REALLY APPRECIATE THAT. ALL RIGHT, SO WE'LL DIVE IN. AS YOU ALL REMEMBER, THE SITE IS JUST ACROSS THE STREET AT 100 EAST WHEATLAND. AND WE'RE REALLY LOOKING AT THE INTERSECTION OF WHEATLAND AND MAIN. SO WHEN WE LAUNCHED, WE STARTED OUT WITH A PRE PROJECT SURVEY AS WELL AS A CHARRETTE TO KIND OF GET AN UNDERSTANDING OF WHAT FOLKS WERE LOOKING FOR. I WILL COME BACK AT THE END OF THIS PROJECT, AND WE CAN GO DEEPER INTO THE DATA THAT WE GATHERED AND KIND OF LOOKING AT BEFORE AND POST, BUT HIGH LEVEL FOR RIGHT NOW, WHAT WE SAW ARE MOST PEOPLE ARE KIND OF JUST PASSING THROUGH OR GOING TO ARMSTRONG PARK. PEOPLE SAID THAT THEY LIKE TO RECEIVE INFORMATION VIA EMAIL, WHICH IS ALWAYS REALLY HELPFUL TO KNOW HOW TO REACH FOLKS. AND WHAT DOES THAT LOOK LIKE? A LOT OF FOLKS WERE JUST DRIVING THROUGH IT WHEN THEY WERE COMING INTO THE AREA. WE ASKED PEOPLE, HOW WOULD YOU LIKE TO SEE THIS AREA REIMAGINED? AND FAMILY ACTIVITIES WERE ONE OF THE TOP THINGS. ALSO, SPACE FOR LOCAL VENDORS TO POP UP. LIVE MUSIC WAS ALSO A BIG PART OF WHAT FOLKS WANTED TO SEE. NOT A SURPRISE. WHEN WE ASKED FOR IMPROVEMENTS, PEOPLE SAID LIGHTING, SEATING AND SHADE. THOSE ARE ALWAYS GOING TO BE THE TOP THREE ANSWERS THAT WE GET FROM FOLKS. BUT TRAFFIC CALMING WAS ALSO A BIG ANSWER THAT WE GOT. AND WHEN WE ASKED PEOPLE TO KIND OF THEY HAD THESE OPEN RESPONSES, A LOT OF THE RESPONSES WERE FOCUSED ON WALKABILITY AND PEDESTRIAN SAFETY. SO IT WAS REALLY INTERESTING TO HEAR THAT AS WELL AS FOOD DINING AND SHOPPING AND THEN COMMUNITY EVENTS, PEOPLE TALKED A LOT ABOUT TRAFFIC, PARKING AND ACCESSIBILITY, WHICH IS NOT UNCOMMON FOR US TO HEAR ABOUT. AND THEN ALSO TALKING ABOUT JUST MORE FAMILY FRIENDLY SPACES. MOST PEOPLE FELT SAFE IN THE AREA ON GENERAL, AND MOST PEOPLE THOUGHT IT WAS KIND OF MIDDLE OF THE ROAD AS FAR AS WALKABILITY. OF COURSE, THEN WE ALLOWED FOR SOME, YOU KNOW, RESPONSES AND QUOTES FROM FOLKS AS WELL AS PART OF THE ON SITE CHARRETTE. WE HAD PEOPLE MARK UP WHERE THEY WANTED TO SEE SOME THINGS HAPPENING AND WHAT THOSE DIFFERENT ELEMENTS LOOK LIKE. WAYFINDING WAS DEFINITELY SOMETHING THAT WAS BROUGHT UP. AND THE GOAL OF THIS PROJECT WAS NOT JUST TO INTERACTING THAT SITE, BUT IT'S ALSO CONNECTING INTO DOWNTOWN. AND SO THE WAYFINDING AND KIND OF MAKING THOSE CONNECTIONS AND HEARING ABOUT BIKE LANES, THAT WAS ALL PART OF IT. SO AFTER WE GOT ALL OF THESE SURVEYS, WE THEN KIND OF DISTILL THAT INFORMATION AND WE PUT TOGETHER A SIMPLE BLOCK MAP, KIND OF OUTLINING WHAT WE HEARD, HOW WE THINK THIS COULD RELATE TO THE SPACE. I'M GOING TO GO THROUGH THESE PRETTY QUICKLY BECAUSE THE NEXT SECTION IS A BIT MORE FUN, WHICH IS THE ACTUAL DESIGN OF THE SPACE. AND THAT IS HERE. 
          SO THIS IS WHAT THE AREA IS GOING TO LOOK LIKE. SO IN THE CORNER, WE WANTED TO BE ABLE TO DO SOMETHING THAT FOLKS COULD SEE COMING FROM MULTIPLE DIRECTIONS AND CREATE PATHS WITHIN THE SPACE THAT WERE ACCESSIBLE, WHETHER YOU WERE WALKING ACROSS THE STREET FROM CITY HALL, GOING TO THE COFFEE SHOP, OR COMING IN FROM DOWNTOWN. SO WE'LL INCORPORATE THE BETTER BLOCK IN A BOX, WHICH IS JUST A SHIPPING CONTAINER THAT'S BEEN CONVERTED. 
          THIS IS GREAT FOR STORAGE, OBVIOUSLY, WHEN NOTHING IS ACTIVATED, BUT ONCE IT'S CLEARED OUT, THEN WE CAN HAVE ALL SORTS OF VENDORS POP UP IN HERE AND TEST OUT DIFFERENT IDEAS. AS YOU CAN SEE, WE'VE GOT SOME SHADE BUILT ALONG HERE THAT WILL REMAIN IN THE SPACE. 
          WE WERE TRYING TO THINK ABOUT HOW IS IT GOING TO WORK IF IT'S ACTIVE, BUT ALSO HOW CAN IT WORK WHEN IT'S MORE PASSIVE, AND WHAT KIND OF SEATING WILL REMAIN IN THIS SPACE, AND WHAT KIND OF SHADE DOES THAT LOOK LIKE? SO YOU CAN KIND OF SEE SOME OF THESE DIFFERENT ELEMENTS THAT WE'RE WORKING ON. LIGHTING WAS OBVIOUSLY A REQUEST THAT WE HAD. AND SO WE WILL HAVE SOME SOLAR LIGHTS OUT THERE AS WELL. AND THOSE WILL REMAIN OUT THERE FOR THE DURATION OF THE PROJECT. AND YOU CAN SEE THE DIFFERENT SEATING OPTIONS THAT WILL BE INCORPORATED IN THE SPACE AS WELL. ONE THING TO DRAW YOUR EYE TO IS THIS LITTLE FEATURE. 
          WE'RE GOING TO CREATE A LITTLE MOUND FOR SOME SEATING OUT THERE, AND IT'S A BIT OF A PLAY 
          [00:45:01]
ON Y'ALL'S LOGO, SO WE'LL SEE IF IT TURNS OUT EXACTLY LOOKING LIKE A D OR NOT. BUT THAT IS THE GOAL AS OF NOW. AND THEN. ALSO LOOKING AT SOME BUMP OUTS ALONG THE INTERSECTION SO THAT WE CAN KIND OF SHORTEN THE AMOUNT OF SPACE THAT PEOPLE ARE CROSSING AS THEY GO ACROSS THE STREET AND CREATING A LITTLE MORE OF A SAFER SPACE FOR PEOPLE AS THEY WAIT FOR THE LIGHT. NOW TO REALLY ADDRESS THAT CONNECTION INTO DOWNTOWN, WE'RE PROPOSING CREATING A BIKE LANE. SO TAKING THE FARTHEST LANE ON THE EAST SIDE, I'M VERY BAD WITH CARDINAL DIRECTIONS. 
          PLEASE DON'T FACT CHECK ME ON THAT, BUT WE'LL TAKE THE FARTHER THE LANE CLOSEST TO ARMSTRONG PARK, AND WE'LL USE THAT AS A BIKE LANE AND INCORPORATE THAT FOR SIX MONTHS TO TEST OUT KIND OF HOW THAT WORKS IN THE SPACE. AND IF PEOPLE ARE USING IT, WE WOULD ALSO LIKE TO INCORPORATE A MID-BLOCK CROSSWALK. WE REALIZE THERE'S NOT A LOT OF SPACES FOR PEOPLE TO GO ACROSS THE STREET FROM ARMSTRONG PARK. SO REALLY CREATING THAT OPPORTUNITY AND CREATING A SAFE SPACE FOR PEOPLE TO CROSS ACROSS THE STREET AS WELL. AND SO THAT WOULD BE PART OF IT. AND THAT'S KIND OF WHAT THAT LOOKS LIKE. NOW, ONE THING THAT'S REALLY EXCITING, THESE ARE THE WAYFINDING SCULPTURES AND THAT WILL BE A PART OF IT. WE JUST DROPPED OFF TEN SHEETS OF PLYWOOD AT VILLAGE TECH SCHOOL. AND SO THEY'RE GOING TO START CUTTING THOSE OUT. SOME OF THE STUDENTS THERE WILL BE CUTTING THOSE. AND THEN WE ALSO HAVE THESE DIFFERENT ELEMENTS AS WELL. SO WE ARE DEEP IN PLANNING RIGHT NOW. WE'VE GOT A LOT GOING ON. WE'RE WORKING ON CONNECTING WITH VENDORS AND GETTING ALL THE PROGRAMING LINED UP. OUR NEXT STEPS ARE JUST GETTING THE WORD OUT. SO SO FAR, WE'VE VISITED WITH THE COMMUNITY WELLNESS GROUP, NEIGHBORHOOD VITALITY COMMISSION, COMMUNITY ENGAGEMENT ADVISORY BOARD, OR MEETING WITH THE ARTS COMMISSION TOMORROW. DUNCAN SWITCH BOO BASH WAS REALLY GREAT. WE WENT FROM 20 VENDORS IN OUR APPLICATION FORM TO MORE THAN 65. AND SO WE'VE GOT A LOT OF PEOPLE WHO ARE INTERESTED IN USING THIS SPACE AND POPPING UP AND TESTING OUT. IS THIS A SPACE THAT THEY CAN USE GOING FORWARD? SO WE'RE ALWAYS LOOKING FOR VENDORS TO POP UP. WE ARE LOOKING FOR FOLKS IN THE CONTAINER. WE'RE LOOKING FOR FUN PROGRAMING AND UNIQUE PROGRAMING. SO IF YOU ALL HAVE ANY IDEAS FOR ANY OF THOSE, LET US KNOW. AND THEN WE WILL ALSO HAVE VOLUNTEER WORKSHOPS WHERE WE WILL ACTUALLY BE INSTALLING EVERYTHING, PAINTING, PUTTING IN THE BIKE LANE, DOING ALL THAT FUN STUFF. SO THAT IS WEDNESDAY, NOVEMBER 11TH FROM 3 TO 6, THURSDAY, NOVEMBER 12TH AND FRIDAY, NOVEMBER 13TH. SO WE'VE GOT SIGNUPS ONLINE. SO IF YOU ALL ARE INTERESTED, PLEASE WEAR PAINT CLOTHES. YOU WILL GET PAINT ON YOU. COME OUT AND JOIN US FOR THAT. SHARE IT WITH YOUR FOLKS, LET THEM KNOW AND THEN WE'LL HAVE A RIBBON CUTTING ON NOVEMBER 14TH AT NOON. WE WOULD LOVE TO HAVE YOU ALL THERE AS PART OF THAT AS WELL. AND THEN THE EVENT, THE OPENING DEMONSTRATION IS FROM 12 TO 4 ON THAT DAY. AFTER THAT, THE SPACE IS OPEN. AND SO FOLKS CAN RESERVE IT, THEY CAN USE IT. 
          SO WE'VE GOT FORUMS ONLINE FOR THEM TO FILL OUT. IF THAT IS SOMETHING THAT THEY'RE INTERESTED IN DOING, WE'RE GOING TO HAVE SEVERAL EVENTS THAT WILL BE ON THE CALENDAR COMING UP OVER THE NEXT FEW MONTHS. SO WE ARE EXCITED TO SEE WHAT THIS SPACE CAN BECOME. 
          NO IDEA IS A BAD IDEA. SO WE WANT TO TEST EVERYTHING OUT, AND WE LOOK FORWARD TO SEEING IT ALL OPEN ON NOVEMBER 14TH. SO THANK YOU. AND YOU ALL HAVE ANY QUESTIONS. I SIMPLY HAVE AN ANECDOTAL ITEM TO RELATE. I WAS PART OF THE SITE REVIEW THIS PAST WEDNESDAY. WE WALKED TO THE CORNER TO JUST LOOK AT HOW PEDESTRIAN FRIENDLY IS THAT CORNER AT MAIN AND WHEATLAND. 
          SO WE WALKED ACROSS THE STREET A COUPLE OF TIMES, AND THE TIMING FOR THE WALKING IS ONLY ABOUT 15 SECONDS, SO WE WERE HONKED AT AND YELLED AT BECAUSE WE WEREN'T FAST ENOUGH CROSSING. 
          AND SO I THINK TRAFFIC CALMING IS SOMETHING OF A GOOD GOAL FOR THAT CORNER. SO YEAH, THANK YOU SO MUCH. I HAD THAT IN MY NOTES TO BRING UP. IT WAS, I BELIEVE, 15 SECONDS ACROSS WHEATLAND AND ONLY EIGHT SECONDS ACROSS MAIN. SO I AM NOT FAST ENOUGH TO MAKE THAT WALK. SO. SPEAKING OF THE CROSSING, YOU MENTIONED LIKE A SECOND CROSSING SECTION. WHERE WOULD THAT BE? AND WOULD PEOPLE BE PREPARED TO STOP AT A SECOND? THEY BARELY STOP AT THE. YES. SO THAT IS RIGHT HERE. WE'RE LOOKING AT GOING ACROSS ARMS FROM ARMSTRONG PARK. SO WORKING WITH TRANSPORTATION ON THE SIGNAGE THAT WE NEED TO WARN PEOPLE THAT THERE IS A MID-BLOCK CROSSWALK THAT'S COMING UP. SO WE'VE GOT SEVERAL SIGNS THAT WILL BE POSTING. WE'RE ALSO GETTING AND I ALWAYS GET IT WRONG, THE RFP. SO THE FLASHING LIGHTS AS WELL. SO WE'LL HAVE THOSE AS PART OF THIS KIND OF WARNING AS WELL. IS THAT DOWN NEAR WHERE THE BUS THINGY IS, IS THAT I SEE JAMES 
          [00:50:03]
COLLINS. SO THAT'S NEAR. SO IT'S KIND OF RIGHT AFTER YOU COME AROUND THAT CURB. SO IT'S ON THE MAIN STREET, RIGHT? SO THINK NEAR THE ENTRANCE, YOU CAN JUST MAKE A LEFT TURN OR RIGHT IN, RIGHT OUT INTO JAMES COLLINS. LIKE SAY IF YOU'RE GOING TO THE LIBRARY OR THE SENIOR CENTER OR THAT PARK DOWN THERE. YEAH. AND SO WHAT I WILL SAY IS LIKE, CHRISTIAN, EXCUSE ME, KRISTA MENTIONED WORKING WITH THE CITY STAFF LIKE Y'ALL. THAT INCLUDES LIKE THE NEW CITY ENGINEER, FIRE PD, PUBLIC WORKS, AND MOST OF THE TIME JUST PARTY TO THESE, YOU KNOW, HIGHLY TECHNICAL ENGINEERING DISCUSSIONS AND SEVERAL VERSIONS OF FEEDBACKS AND ITERATIONS TO KIND OF GET, GET THEM TO OKAY, THE BIKE LANE BASED ON, LIKE YOU SAY, TIMING OF THE SIGNALS, THEY'RE GOING TO HAVE TO ADJUST THAT AS PART OF THESE TEMPORARY IMPROVEMENTS. 
          SO YEAH, PRETTY FASCINATING. BUT THE WALKING AUDIT, THAT'S WHAT MR. MICHAEL WAS REFERRING TO. AND SO THANKS FOR SHARING THAT DISCOVERY BECAUSE I CAN REMEMBER WHEN YOU CAME IN WITH BACK WHEN THE, THE PREVIOUS ASSISTANT DIRECTOR, MISS SHIHAD, AND THEY CAME TO TOWN AND, YOU KNOW, WE DID A WALKING AUDIT. YEAH. WE DID NOT MAKE IT IN TIME. THANK YOU. OTHER QUESTIONS. MR. CHAIR, I WOULD SAY I'D BE REMISS TO SAY THAT I'M A LITTLE BIT NERVOUS ABOUT THE MID-BLOCK CROSSWALK. AND I JUST HOPE THAT SOMEWHERE IN THE PLAN THAT IF THIS DOESN'T SORT OF FIZZLE OUT, THE WAY, THE WAY WE THINK IT IS, THAT WE CAN PIVOT FROM THAT. IF IT DOESN'T, BUT BUT IT'S JUST JUST A NOTE. I WANT TO JUST MAKE I HEAR YOU AND WE HEARD, YOU KNOW, WE'VE BEEN WORKING WITH TRANSPORTATION ON THAT AS WELL. AND THEIR FIRST THING WAS, LET'S TALK ABOUT THIS A LITTLE BIT. SO WE'VE BEEN GOING BACK AND FORTH ON IT AND ADDING IN MORE SIGNS AND DOING SOME OF THOSE THINGS. THAT BEING SAID, THIS IS A PILOT, SO IF IT DOESN'T WORK AND IT IS SOMETHING THAT WE'RE LIKE, NOPE, THIS IS NOT A GOOD IDEA, THEN WE CAN REMOVE IT. SO WE CAN ADJUST, WE CAN TWEAK. AND THAT IS A BIG PART OF WHATEVER Y'ALL HEAR, WHATEVER YOU EXPERIENCE OR SEE, DEFINITELY GIVE US THAT FEEDBACK BECAUSE WE WANT TO KEEP ADJUSTING THIS AND MAKING SURE WE HAVE GOOD RECOMMENDATIONS AT THE END FOR A PERMANENT THANK YOU. YEAH. THANK YOU. OKAY. THANK YOU FOR YOUR INPUT AND WE'LL CONTINUE TO STAY IN TOUCH. THANK YOU. THANK YOU SO MUCH. ALL RIGHT. THERE'S ANOTHER PRESENTATION. 
          LET'S SEE. RIFFING ON COMPREHENSIVE PLAN IMPLEMENTATION BY PLANNING AND 
          [7.C.  Briefing on Comprehensive Plan Implementation by Planning &  Development Services Department]
DEVELOPMENT SERVICES DEPARTMENT AGENDA ITEM SEVEN C. AND SO MR. MARLIN THANK YOU AGAIN. IT'S THE LAST BRIEFING FOR THE NIGHT. DEFINITELY. THANK YOU FOR YOUR ENGAGEMENT. YOUR QUESTIONS. 
          HAPPY TO INTRODUCE THE ASSISTANT DIRECTOR, PLANNING AND DEVELOPMENT SERVICES DOCTOR SHEILA JONES, ALSO HERE AND WHO ASSISTED HER ON THE PROJECT IS THE CITY'S PROJECT MANAGER, ANGEL DIEHL. AND SO SHE'LL GO THROUGH THE COMPREHENSIVE PLAN IMPLEMENTATION AND BE AVAILABLE FOR QUESTIONS IN GENERAL ABOUT, YOU KNOW, WHAT THEY DO ON BEHALF OF DEVELOPMENT EFFORTS IN THE CITY. DOCTOR JONES. GOOD AFTERNOON. EXCUSE ME. GOOD AFTERNOON, PRESIDENT HARVEY DC-DC, BOARD COUNCIL MEMBER. DAVIS, THANK YOU ALL FOR HAVING US TODAY. AS HE MENTIONED, I'M DOCTOR SHEILA JONES HERE TO PRESENT SOME BACKGROUND WITH THE COMPREHENSIVE PLAN AS WELL AS MOVING FORWARD, HOW WE'RE MOVING WITH THE COMPREHENSIVE PLAN. SO HERE'S A BIT OF THE BACKGROUND. MRB GROUP SERVICES PROCURED TO DRAFT THE CITY COMPREHENSIVE PLAN. AFTER THAT, THE STEERING COMMITTEE WAS IDENTIFIED. WE DID THE COMMUNITY AND STREETSCAPE SURVEYS. WE ALSO DID SOME POP UPS EVENTS. ONE OF THEM THAT WE DID WAS AT BLOOM FEST LAST YEAR. 
          ALSO, WE IDENTIFIED THE TRACKING PLATFORM AND BRIEFING STRUCTURE FOR THE COMP PLAN. WE DID THE COMPREHENSIVE PLAN BLOCK PARTY BACK LAST YEAR IN 2025 AT THE FIELD HOUSE. WE ALSO DID THE COMPREHENSIVE PLAN WORKSHOP. WE DID THREE OF THOSE. OF COURSE, WE DEVELOPED THE FINAL REVISIONS AND REVIEW. THE COMPREHENSIVE PLAN WAS PRESENTED TO THE PLANNING AND ZONING IN AUGUST OF 2025, AND IT WAS ADOPTED IN SEPTEMBER OF 2025 BY CITY COUNCIL. THE. 
          AFTER THAT, THE SELECT. WE SELECTED A COMPREHENSIVE IMPLEMENTATION COMMITTEE THAT 
          [00:55:05]
WAS SELECTED BY COUNCIL AS WELL. AND THEN OF COURSE, WE DID THE CPIC KICKOFF, THE COMPREHENSIVE PLAN. IT IS COMPRISED OF SEVEN POLICY AREAS AND THE IMPLEMENTATION PLAN AND THE CPIC. WE WANT THOSE TWO TO WORK TOGETHER AS WELL AS THE COMMUNITY AND STAFF. SO EACH ONE, THAT COLLABORATION WITH THE STAFF AS WELL AS THE COMMUNITY, WE'RE USING THAT TO IMPLEMENT THE COMPREHENSIVE PLAN WITHIN THE CPA COMMITTEE. SO OUR INITIAL COMPREHENSIVE PLAN COMMITTEE MEETING WAS ON SEPTEMBER 21ST. IT WAS IN ROOM TWO, 103. EXCUSE ME AGAIN WITH THE BACKGROUND FOR THE CPA COMMITTEE AND SPECIFIC BASICALLY THE SECRET THE SECRET COMMITTEE WAS CREATED TO HELP MONITOR PROGRESS. REVIEWING QUARTERLY UPDATES AND PROVIDING COMMUNITY INFORMED FEEDBACK ON THE IMPLEMENTATION OF THE COMPREHENSIVE PLAN. AND SO, IN ESSENCE, IT WAS TO HELP ENSURE THAT THE COMPREHENSIVE PLAN WAS IN ALIGNMENT WITH THE POLICY AND PRIORITIES OF THE ACTUAL PLAN. SO THE REASON WHY THE COMMITTEE MATTERS IS, FOR ONE, BECAUSE WE WANT TO MAKE SURE THAT WE MAINTAIN MOMENTUM AND BE ABLE TO CONNECT THE PLAN WITH THE ACTUAL REAL BUDGETS. WE WANT TO MAKE SURE THAT WE'RE COORDINATING THE DEPARTMENTS WITH THE ACTUAL GOALS, AND WE WANT TO MAKE SURE THAT IT'S MEASURABLE. SO WE'RE NOT JUST GIVING OUT THINGS THAT CAN'T BE MEASURED FOR SUCCESS OR FAILURE. AND AGAIN, THE BIGGEST THING IS TO MAKE SURE THAT THE COMPREHENSIVE PLAN IS ALIGNED WITH THE INVESTMENTS AND ACTIONS, AND THEY'RE MEASURABLE. SO WE HAVE THE COMMITTEE MEMBERS, AND THEN WE HAVE STAFF MEMBERS EACH HAVE THEIR OWN RESPONSIBILITIES WITH THE COMMITTEE MEMBERS. THEY'RE HERE TO REVIEW QUARTERLY IMPLEMENTATION PROGRESS, PROVIDE FEEDBACK, OF COURSE, COLLABORATE WITH US ON DIFFERENT ISSUES AND OPPORTUNITIES THAT WE CAN LOOK INTO WITHIN THE COMPREHENSIVE PLAN. AND THEN OF COURSE, REVIEW THE AND PRIORITIZE SOME OF THOSE PLANS, AS WELL AS GIVING US ADVICE BECAUSE THEY WOULD HAVE INSIGHT, KNOWLEDGE WITH THE ACTUAL RESIDENTS AND LOCAL PEOPLE WITHIN BUSINESSES AND JUST THE COMMUNITY CITY STAFF. WE'RE MORE SO RESPONSIBLE FOR MANAGING AND TRACKING THE REPORT. AND OF COURSE, WE'RE GOING TO GUIDE THE COMPREHENSIVE PLAN. WE'RE GOING TO MAINTAIN ALIGNMENT WITH THE COMPREHENSIVE PLAN AS WELL AS OUR ZONING ORDINANCE, BECAUSE SIMULTANEOUSLY, WHILE WE'RE HAVING THE COMPREHENSIVE PLAN, WE'RE ALSO DEALING WITH THE LAND USE CHART. SO WE'RE DOING UPDATES ON THAT AS WELL AS THE CODE OF ORDINANCE UPDATE. SO ALL OF THOSE ARE HAPPENING SIMULTANEOUSLY. AND THEN OF COURSE SUPPORTING THE COMMUNICATION BETWEEN CITY AND THE COMMUNITY AND THEN PROVIDING DATA TO HELP COORDINATE THE TWO. SO A LITTLE BACKGROUND ABOUT THE ACTUAL COMMITTEE. SO IT'S COMPRISED OF SEVEN RESIDENTS, BUSINESS OWNERS, CIVIC STAKEHOLDERS, AND OF COURSE OUR CITY COUNCIL LIAISON. THEY ARE PEOPLE WHO SERVE AS PARTNER FOR APPRECIATIVE AND CONSTRUCTIVE FEEDBACK ON IMPLEMENTATION, PRIORITIZATION AND COMMUNICATION. THEY HELP DEVELOP AND MAINTAIN THE WORKING KNOWLEDGE OF THE COMP PLAN AND ASSIST STAFF IN THE PRIORITIZATION OF THE EFFORTS. 
          WE HAVE QUARTERLY MEETINGS TO DISCUSS IMPLEMENTATION. AGAIN, WE JUST HAD OUR FIRST MEETING ON SEPTEMBER 21ST. SO WE'RE GOING THROUGH THE FIRST PHASE OF PROGRESS. AND THEN IT'S NOT A FORMAL BOARD OR COMMISSION, BUT IT IS A BOARD THAT IS HELPFUL IN GETTING THE COMPREHENSIVE PLAN TO BE MORE THAN JUST A SHELF ITEM. AND THE SUNSET FOR THIS CPG WILL BE DETERMINED BY THE CITY ATTORNEY. AS FAR AS OUR MEMBERS, WE HAVE MISS ANGELA THORPE HARRIS, WHO'S ON THE ARSON COMMISSION BOARD. MISS BETH FARRELL ON PARKS AND RECREATION. MISS DANIELLE ZARATE ON PLANNING AND ZONING, MR. JOHN CRUZ, MR. MICHAEL GRACE WHO'S ON THE STEERING COMMITTEE. MR. MIKE HOFFMEYER ON DC, EDC. AND THEN WE HAVE MISS SARAH MITCHELL, WHO'S ALSO A REAL ESTATE AND SHE'S A BUSINESS OWNER. AND THEN OF COURSE, WE HAVE MISS COUNCIL MEMBER JERRY DAVIS, WHO IS OUR COUNCIL MEMBER, LIAISON COUNCIL LIAISON. EXCUSE ME. SO THE POLICY PRIORITY AREAS WITHIN THE COMP PLAN IS HEALTHY, ACTIVE AND CREATIVE COMMUNITIES, LIVABLE NEIGHBORHOODS, RESILIENT ECONOMIC AND COMMUNITY DEVELOPMENT, INTEGRATED AND NATURAL BUILT ENVIRONMENT, DOWNTOWN VITALITY, EQUITABLE TRANSPORTATION NETWORKS AND MOBILITY. AND THEN THE FISCAL RESPONSIBILITY INFRASTRUCTURE IMPROVEMENT. 
          EACH OF THESE PRIORITIES ARE GOING TO HAVE TASKS THAT'S ASSIGNED TO THOSE PRIORITIES. 
          SO EVERYTHING THE COMPREHENSIVE PLAN HAS TO FIT BACK INTO ONE OF THESE PRIORITIES. SO WE'RE USING AN IMPLEMENTATION TOOLBOX. SOME OF THE THINGS THAT'S WITHIN THAT IS ONE, THE POLICY AND REGULATION IN WHICH BASICALLY THERE'S GOING TO BE THE STANDARDS. AS I MENTIONED BEFORE, WE ARE DOING THE CODE UPDATE AS WELL AS THE LAND USE UPDATE. SO ALL THOSE POLICIES SHOULD ALIGN WITH THE COMPREHENSIVE PLAN. OF COURSE THE PROGRAMS AND CAPITAL. SO YOU WANT YOUR INVESTMENT. MAKE SURE THAT YOU HAVE THE FUNDING FOR THE INVESTMENT. AND THEN OF COURSE PARTNERSHIP. BECAUSE AS WE'RE BUILDING THE COMMUNITY AND THE COMP PLAN, WE WANT TO MAKE SURE THAT WE ARE SUCCESSFUL IN HAVING PARTNERSHIPS WITH OUR BUSINESSES AS WELL AS OUR LOCAL COMMUNITY. SO WE'RE DOING IT IN 90 DAY INCREMENTS. AND SO WE HAD OUR FIRST MEETING SEPTEMBER 21ST. SO EACH 90 DAYS WE'LL HAVE ANOTHER MEETING. BUT 
          [01:00:05]
WITHIN THOSE 90 DAYS WE'RE SEPARATED INTO 30 DAY ACTIONS. SO THE FIRST ONE IS OF COURSE IDENTIFYING THE ACTUAL CHARTER, THE CHARTER, AND THEN MAKING SURE THAT WE REVIEW THE PLAN ACTIONS AND INVENTORY. AND THEN OF COURSE, WITHIN THE NEXT 30 DAYS, WE'LL DEAL. WE'LL BE DEALING MORE SO WITH CONSULTING THE DEPARTMENTS AND PARTNERS TO IDENTIFY ANY OF THE EARLY WINS OR THE THINGS THAT ARE MAYBE MORE SO CONSIDERED EASIER THINGS TO GET ACROSS THE BOARD, LIKE OUR ACTIVATIONS. AND THEN, OF COURSE, DAY 61 THROUGH 90 WILL BE IDENTIFYING THE INITIAL PRIORITIES AND THEN ASSIGNING THE LEADS AND THE MEASURABLES. SO THE GOAL AGAIN, IS TO MAKE SURE THAT IT'S NOT JUST A SHELF ITEM. WE GET IT FROM VISION TO A MEASURABLE ACTION. AND SO SOME OF THOSE THINGS WITHIN THE VISION AND GOAL IS THAT EACH GOAL REFLECTS A COMMUNITY PRIORITY AND GUIDES THE SELECTION OF THE TARGETED ACTIONS. OF COURSE, WITH THE ACTION AND TOOLS, WE WANT TO MAKE SURE THAT EVERY ACTION NAMES A PARTNER OR OWNER. SO IT WILL BE A DEPARTMENT OR THAT WILL BE ATTACHED TO EACH AREA. SO THAT WAY WE CAN MAKE SURE THAT IT AGAIN IS MEASURABLE WITH THE OUTCOMES. AND THEN MISS DEAL. SHE WILL. GOOD EVENING, MR. PRESIDENT. BOARD AND COUNCIL LIAISON. ANGEL DEAL, THE PROJECT MANAGER FOR THE CITY OF THIS FINE CITY OF CHAMPIONS. SO THE NEXT PART THAT WE WANT TO SHARE IS, IS OUR PROJECT PROSPECTUS. SO PRIMARILY YOU ALL PROBABLY ENCOUNTER MISS JONES OR DOCTOR JONES AND HER TEAM AS IT RELATES TO DEVELOPMENT PROJECTS. SO WE WANT TO MAKE SURE THAT WE ACCOUNT FOR THOSE PROJECTS AS WELL AS THE CITY LED PROJECTS. SO THE CAPITAL PROJECT CITY LED, FUNDED BY OUR PUBLIC DOLLARS, FOCUSING ON MAINTAINING AND IMPROVING, IMPROVING ESSENTIALLY OUR MUNICIPAL ASSETS. AND THEN THE DEVELOPMENT PROJECTS, THOSE ARE APPLICANT LED, OBVIOUSLY ROUTED THROUGH THE PLANNING, PERMITTING INSPECTION INSPECTIONS PROCESS THAT DRC REVIEW FOCUSED ON ECONOMIC GROWTH AND THE LAND USE OUTCOME. 
          SO I WILL CALL OUT THAT WE DO HAVE A SPECIFIC INITIATIVE DESIGNED TO IDENTIFY THE REDUNDANCIES AND THE CONFLICTS AS IT RELATES TO ZONING ORDINANCES, AND ALSO THE LAND USE MAP AS WELL. SO THAT'S ONE OF THE VERY FIRST PRIORITIES THAT WE'RE FOCUSING ON WITH THE COMPREHENSIVE PLAN IMPLEMENTATION GROUP. SO TOGETHER, THEY SHOULD BE ABLE TO GIVE US A FULL PICTURE OF HOW WE ARE MAKING OUR INVESTMENT INTO THE CITY. SO THAT FIRST BUCKET AGAIN IS CITY LED. AND THEN THE OTHERS ARE DRIVEN BY WHAT WE WANT TO DO AS FAR AS ECONOMIC IMPACT. SO THE FIRST PART OF THAT IMPLEMENTATION, AGAIN, AROUND CAPITAL IMPROVEMENTS, INFRASTRUCTURE AND SERVICE DELIVERY, THOSE PROJECTS AND INITIATIVES. SO HOW ARE WE SERVING THE CONSTITUENTS? HOW ARE WE SERVING THE COMMUNITY? I WON'T READ THROUGH ALL OF THOSE ARE PRETTY SELF-EXPLANATORY, BUT I WILL CALL OUT OBVIOUSLY INFRASTRUCTURE UPGRADES. SO PROJECTS WHERE WE WHERE WE NEED TO MODERNIZE AGING SYSTEMS, OR WE NEED TO UPDATE AGED INVENTORY SERVICE DELIVERY ENHANCEMENTS SO THAT IMPROVE HOW WE PROVIDE THOSE SERVICES. SO FOR EXAMPLE, SOLID WASTE, WE'RE ACTUALLY IN A PROJECT RIGHT NOW WHERE WE WILL BE SOURCING A, POSSIBLY A NEW SOLID WASTE RECYCLE AND LANDFILL PROVIDER FOR THE CITY. SO FLEET, PUBLIC WORKS OPERATIONS AND EVEN TECHNOLOGY. 
          THE SECOND ARM TO THAT IS, AGAIN, THOSE DEVELOPMENT AND REDEVELOPMENT PROJECTS FOR ECONOMIC IMPACT. SO YOU ALL ARE OBVIOUSLY VERY FAMILIAR WITH PRIVATE DEVELOPMENT PROJECTS, REDEVELOPMENT, ANYTHING ECONOMIC, ANYTHING THAT PROMOTES ECONOMIC IMPACT, WHICH SOME OF THOSE OTHERS FROM A CITY PERSPECTIVE, COULD ALSO TIE INTO THAT AS WELL. BUT IT'S VERY POIGNANT BECAUSE WE DO HAVE A SPECIFIC TEAM AND A PROCESS INTERNALLY THAT BRINGS US THROUGH THE DRC COORDINATES COORDINATION. SO ONE OF THE THINGS THAT MARLIN SHARED WITH US, AND MR. RAUSCHER SHARED WITH US, IS THAT YOU ALL WERE INTERESTED IN THE RETURN ON THAT INVESTMENT, RIGHT? SO THIS BOARD ACTUALLY INVESTED IN US PROCURING MRB AND ACTUALLY WRITING OR DRAFTING THE COMPREHENSIVE PLAN. SO ONE OF THE THINGS THAT WE HAVE DECIDED TO DO IS, AND I SHARED THIS IN MY REPORT OUT WITH CITY COUNCIL IN THE, IN THE PUBLIC IS THAT WE NEEDED TO FIND A TOOL SO THAT WE COULD TRACK NOT JUST THE CITY LED PROJECTS, BUT WE ALSO NEEDED TO BE ON TOP OF HOW WE'RE MANAGING WHAT'S COMING IN FROM OUR DEVELOPMENT AND REDEVELOPMENT STANDPOINT. SO WE HAVE IDENTIFIED THAT SOFTWARE AS A SERVICE. CLEARPOINT IS OUR TOOL. AND SO THE WAY THAT WE'LL DO THAT IS JUST MAKING SURE THAT WE CAN PROVIDE A PUBLIC DASHBOARD. OBVIOUSLY, YOU ALL WILL RECEIVE YOUR REPORT OUT PROBABLY PRIMARILY FROM MR. HOFFMEYER, BUT THEN WE ALSO HAVE A COUNCIL REPORT OUT. WE WANT TO MAKE SURE THAT THOSE TWO REPORT OUTS ARE CONSISTENT. SO THERE'S ONE SOURCE OF TRUTH. AND THEN WHAT WE SHARE WITH THE 
          [01:05:03]
PUBLIC ALSO SHOULD MATCH THAT AS WELL. AS DOCTOR JONES HAS COMMUNICATED EACH OF THOSE ACTIONS OR EACH OF THOSE POLICY PRIORITY AREAS. THAT IS HOW WE DECIDE WHICH PROJECT, WHICH PROJECT. EXCUSE ME, ESPECIALLY AS IT RELATES TO CITY LED GO FORWARD. AND SO OUR COMMITMENT AS A PART OF THAT IS REAL PROJECTS. AND WHEN WE SAY REAL PROJECTS, WE ARE SPEAKING IN TERMS OF IT HAS TO HAVE AN EXECUTIVE SPONSOR. LIKE SOMEBODY HAS TO GIVE US THE GREEN LIGHT TO DO THOSE PROJECTS. WE ALSO HAVE TO HAVE FUNDING AS IT RELATES TO CITY, CITY LED PROJECTS. THAT'S SORT OF MY PART OF THE HOUSE, VERY CLEAR STANDARDS AND ROLES. SO WHAT IS IT THAT WE'RE GOING TO DO TRYING TO MINIMIZE WASTE, RIGHT? SO NOT MISUSE OF RESOURCES, AKA MONEY OR TALENT AND TIME. SO OUR STAFF OR THE WASTE OF APPLICANTS, RIGHT. SO ARE WE GETTING BACK TO THEM TIMELY? ARE WE MAKING SURE THAT THEY ARE AWARE OF WHERE THEY ARE IN THE PROCESS AND WHAT'S NEXT? HAVE WE PROVIDED THE MOST APPROPRIATE EDUCATION FOR WHAT THE PROCESS LOOKS LIKE? HONEST UPDATES, STRATEGIC ALIGNMENT. THAT'S PROBABLY THE MOST IMPORTANT ONE. IT DEFINITELY HAS TO ALIGN WITH ONE OF THOSE POLICY PRIORITIES, PRIORITY AREAS. AND WHAT THIS WILL ALLOW US TO DO IS PROVIDE US WITH AN OPPORTUNITY TO DETECT RISKS EARLY, RIGHT? SO IF THERE'S A PROBLEM OR IT'S GETTING OFF COURSE BECAUSE WE HAVE EYES ON IT, WE HAVE DESIGNATED THERE ARE OWNERSHIP ROLES, WE CAN SEE IF SOMETHING IS COMING OFF THE TRACK PRETTY QUICKLY AND COURSE CORRECT. AND THEN LAST BUT CERTAINLY NOT LEAST JUST CLEAR SCOPE BOUNDARIES. SO A LOT OF TIMES WHAT WE'VE IDENTIFIED IS WHAT WE'VE FOUND AS A TEAM, AS AN ORGANIZATION, IS THAT WE START ON ONE PATH FOR A PROJECT, ESPECIALLY AS IT RELATES TO CITY LED PROJECTS. AND THEN SOMETIMES WE VEER OFF TO SOMETHING ELSE, AND NOW WE EITHER HAVE A WHOLE DIFFERENT PROJECT OR AN ADDITIONAL PROJECT, WHICH ISN'T ALWAYS THE BEST USE, OR USING THE MOST FINANCIAL, THE BEST FINANCIAL STEWARDSHIP OF TAXPAYERS MONEY. 
          SO WE WANT TO MAKE SURE THAT WE'RE CLEAR ABOUT WHAT IT IS THAT WE'RE DOING, AND THOSE GOALS ARE ACTUALLY BEING ACHIEVED. SO OUR NEXT MEETING FOR THE GREATER GROUP WILL BE ON THE 19TH OF JANUARY, OUR QUARTERLY REPORT OUT. SO WE WILL MEET QUARTERLY. BUT AS DOCTOR JONES HAS COMMUNICATED, THERE WILL BE COMMUNICATION IN BETWEEN. AND SO WE HAVE SHE HAS OUTLINED SOME AREAS THAT WE WANT THE GROUP TO FOCUS ON SO THAT WHEN WE COME BACK TOGETHER, WE'RE NOT JUST RUSHING THROUGH IN THAT ONE CONVERSATION. THEY'VE HAD AN OPPORTUNITY TO GO THROUGH THAT PLAN, TO GO THROUGH THOSE ACTION ITEMS, THE CITY, AS WELL AS CITY COUNCIL, WILL GET A QUARTERLY UPDATE. AND SO WHAT OUR GOAL IS HERE AGAIN, IS TO MAKE SURE THAT ALL OF THOSE ALL OF THAT INFORMATION, ALL OF THOSE REPORT OUTS ALIGN. AGAIN, ONE SOURCE OF TRUTH AS WE ENTER INTO PHASE THREE OF THE SOFTWARE COMPONENT, OR HOW WE'RE GOING TO TRACK IT AND MAKE IT VISIBLE DASHBOARD TO THE PUBLIC. WE ARE PLANNING TO LAUNCH IN THE EARLY PART OF Q2 OF FISCAL YEAR 2027, SO STAY TUNED FOR THAT AS WELL. WHAT QUESTIONS CAN WE ANSWER FOR YOU ALL? YOU HAVE ANYTHING TO ADD, MR. HOFFMEYER? WE ARE JUST GETTING STARTED, SO I DON'T HAVE ANYTHING TO ADD AT THE MOMENT. OKAY. ANY QUESTIONS FROM THE BOARD? ANY ANY OTHER QUESTIONS? OKAY. THANK YOU ALL SO MUCH. THANK YOU. OKAY. NEXT ITEM ON THE AGENDA. PUBLIC HEARING EIGHT A CONDUCT A PUBLIC HEARING TO CONSIDER 
          [8.A.  Conduct a public hearing to consider proposed terms for  acquisition and economic incentives requested by Cenzo  Holdings, LP for an adaptive reuse development project at the  former Dallas County Tax Office located at 100 E Wheatland Rd. ]
PROPOSED TERMS FOR ACQUISITION AND ECONOMIC INCENTIVES REQUESTED BY SENSEO HOLDINGS L.P. FOR AN ADAPTIVE REUSE DEVELOPMENT PROJECT AT THE FORMER DALLAS COUNTY TAX OFFICE, LOCATED AT 100 EAST WHEATLAND ROAD. MR. GOFF, GOOD EVENING, PRESIDENT HARVEY. MEMBERS OF THE BOARD AGAIN. MARLIN GOFF, ECONOMIC DEVELOPMENT DIRECTOR. OKAY, SUBJECT PROPERTY 100 EAST WHEATLAND ROAD. THOSE OF US WHO ARE FAMILIAR WITH THAT, THE FORMER DALLAS COUNTY TAX OFFICE AND GOVERNMENT CENTER, THE FOCUS IN THE ACTION ITEM RELATED TO THIS PUBLIC HEARING IS REALLY. WHAT YOU SEE HERE IS A, WE'LL SAY, CONCEPTUAL PRELIMINARY PLAT OF A CURRENTLY UNPLATTED PARCEL, RIGHT. AND SO PROPOSED END USER CURRENTLY UNDER A LETTER OF INTENT WITH THE LANDOWNER, WHICH IS THE CITY OF DUNCANVILLE. AND SO TONIGHT, CONDUCT THE PUBLIC HEARING. ADD TO. IN ADDITION TO THE PROPOSED ACQUISITION OF THAT PRELIMINARY PLATTED SITE, 
          [01:10:09]
A COMPANION REQUEST FOR ECONOMIC INCENTIVES. AND SO REPRESENTATIVES FROM KENZO'S, WHICH IS CURRENTLY OPERATING IN OAK CLIFF. THIS IS A PROPOSED EXPANSION AND A DUNCANVILLE LOCATION. WE HAVE REPRESENTATIVES FROM THE PROJECT HERE TONIGHT TO KIND OF WALK THROUGH WHAT'S INCLUDED IN YOUR PACKET, BUT ALSO SOME ADDITIONAL INFORMATION OR CONTEXT, SINCE, YOU KNOW, WE PUBLISHED THE AGENDA PACKET. AND SO WE'LL INVITE THE REPRESENTATIVES FROM THE PROJECT AND THEN I'LL BE AVAILABLE FOR ANY QUESTIONS. 
          AND THEN OBVIOUSLY OPEN THE PUBLIC HEARING, RECEIVE ANY PUBLIC COMMENTS OR FEEDBACK FOR US. SO WITH THAT, LOOKS LIKE WE'VE GOT MR. ANDERSON. I WOULD SAY WE ALSO HAVE A REPRESENTATIVE FROM KENZO'S IN ATTENDANCE AS WELL. 
          HI, I'M MARNIE ANDERSON. I LIVE AT 1210 GREENLEAF HERE IN DUNCANVILLE, AND I'M WITH OPTIONS REAL ESTATE TONIGHT REPRESENTING KENZO'S OR HELPING KENZO'S PUT THIS PROJECT TOGETHER AND I'M GOING TO PRESENT IT. I'M GOING TO PRESENT TO YOU TONIGHT. SO YOU HAVE TO LISTEN TO ME FOR A LITTLE BIT. BUT THEY'RE BOTH THEY'RE BOTH THE APPLICANTS ARE HERE. THIS IS BENNY SHERMAN FROM KENZO'S, WHO'LL BE HERE WITH ME TO ANSWER ANY QUESTIONS. 
          SO, SO SO WE'RE WE'RE AT THE WE'RE AT THE, THE MOMENT OF, OF, OF, OF WE'VE GOT THE COST IN, WE'VE GOT THE, WITH THE PROJECT HERE, WE'VE GOT ABOUT 1,000,008, 61 AND THERE'S A GRANT REQUEST FOR $465,000 ON THIS PROJECT HERE. THE BUYER IS SHINZO'S HOLDINGS, WHICH IS THE OWNER OF SHINZO'S PIZZA AND DELI IN OAK CLIFF. I THINK SOME OF YOU HAVE BEEN UP THERE. I THINK SOME OF THE COUNCIL PEOPLE HAVE BEEN UP THERE. I DON'T KNOW WHO'S. HAVE Y'ALL BEEN TO SHINZO'S BEFORE? HAVE YOU BEEN BEEN UP ON JEFFERSON? ANYBODY ELSE BEEN UP THERE? ANYWAY? THEY'RE A FAVORITE. ANOTHER FAVORITE UP THERE, SIMILAR TO ISABELLA, YOU KNOW, AND REALLY IN THAT, IN THAT REALM OF, OF DIFFERENT PEOPLE, THEY'RE, THEY'RE, THEY'RE GOING TO CONVERT THE OLD BUILDING, THE, THE ACTUAL BUILDING THAT'S THERE INTO A RESTAURANT WITH A PLAYGROUND. 
          IF YOU'VE EVER SEEN THEIR PLACE. IT'S A HUGE FAMILY EVENT. I MEAN, LOTS OF KIDS OUTSIDE AND IN THE FRONT PLAY AREA. AND SO PIZZA AND SALADS AND SANDWICHES AND STUFF LIKE THAT. AND THEN A LOT OF A LOT OF KIDS PLAYING THERE. SO THEY'VE BEEN, THEY'VE BEEN AROUND. I MEAN, CHAD DOLEZAL IS AN AWARD WINNING CHEF. AND THEN VINNY'S ONE OF THE PARTNERS HERE. CHAD COULDN'T BE HERE TONIGHT. HE HAD SURGERY. AND SO HE'S HE'S AT HOME RESTING UP. AND THEY WERE. THE DALLAS OBSERVER RECENTLY SAID THEY WERE ONE OF THE TOP 50 RESTAURANTS IN IN THE IN THE AREA RIGHT NOW, THE CITY PURCHASE PRICE. I THINK THIS IS SOMETHING THAT I DIDN'T KNOW. BUT THE CITY BASICALLY WAS GIVEN THIS PROPERTY BY THE DALLAS COUNTY. SO THERE'S NO. 
          THERE'S NO COST FROM THE CITY. THEY'RE UNDER A LETTER OF INTENT AND GOING TO A CONTRACT FOR 193,200 TO BUY THE PROPERTY FROM YOU. AND THEN THEY'LL HAVE THEIR PRIVATE INVESTMENT WILL TOTAL AT $1.4 MILLION ON THEIR PART. AND THE CITY IS THE LANDOWNER RIGHT NOW. AND I THINK THEY'LL HAVE TO BE ANOTHER AGREEMENT WITH THE CITY. DOES IT DEAL WITH YOU AND THEN YOU'LL DO THE DEAL WITH THE APPLICANT? I THINK THAT'S WHY IT WORKED. THAT'S WHY WE'VE DONE OTHERS HERE BEFORE. THAT'S WHY WE DID MAIN STATION AND SOME OTHERS. SO THERE'S THE SITE PLAN AS YOU CAN SEE. AND THE SITE PLAN HERE HAS GOT OTHER BUILDINGS. WORK WITH MARLIN FOR A WHILE, HELPING LAY OUT OTHER BUILDINGS ON THIS SITE. AND I THINK THAT WITH THE BUILDINGS THAT ARE LAID OUT HERE, YOU GOT AN ESTIMATED TOTAL OF PROBABLY SOMEWHERE AROUND 8 OR $9 MILLION WORTH OF BUILDINGS TO GO ON THIS SITE. SO YOU'RE GOING FROM ZERO TO 8 OR 9 MILLION IN VALUES ON THE SITE. SO THIS IS JUST SOME ARTIST'S RENDERINGS RIGHT NOW OF THE THE OTHER BUILDINGS, WHICH WE'RE IN THE PROCESS THIS WEEK OF, OF HAVING A CHARRETTE WITH THE NEW ENGINEERS AND YOUR PLANNERS AND ARCHITECTS ON THE SITE TO WORK ON THE ACTUAL SITE AND WHAT IT'LL ACTUALLY LOOK LIKE. BUT THE BUILDING, THIS AREA WILL STAY WHERE IT'S AT. 
          YOU KNOW, THEY'LL JUST REMODEL THAT BUILDING. SO SOME MORE RENDERINGS. AS YOU CAN SEE, LOTS OF WALKABILITY, YOU KNOW, HOPEFULLY CONNECTIVITY, YOU KNOW, THROUGH WHAT THEY TALKED ABOUT AT THE BETTER BLOCK, GETTING ACROSS THE STREET, YOU KNOW, HAVING SOMETHING TO WALK TO, YOU KNOW, FROM ARMSTRONG PARK, EXCUSE ME, JUST THERE'S THE OUTDOOR SPACE WHERE THE KIDS. AND SO THIS IS GOING OUT TO THE SIDE THAT THAT GOES UP OVER TO WHEATLAND AND MAIN. AND SO THERE'LL BE LOTS OF PLACES WHERE THEY'RE AT NOW. THEY DON'T HAVE NEAR THIS MUCH ROOM 
          [01:15:03]
FOR KIDS TO PLAY IN. AND SO THEY'RE GOING TO HAVE A LOT OF SPACE HERE. SO JUST MORE RENDERINGS OF THE SITE THAT'S LOOKING FROM FROM CITY HALL ACROSS THE STREET LOOKING INTO THE SITE. HERE'S THE SITE PLAN. SO THEY'LL HAVE THEY'LL HAVE COVERED DINING KITCHEN, A COUPLE OF DIFFERENT PLACES WHERE THEY HAVE OVERHEAD DOORS THAT WILL OPEN UP FOR NICE DAYS. 
          MORE, MORE OF AN OUTDOOR FEEL THAT OUTDOOR, WHICH IS WHAT WE WANT. IT'S WHAT'S IN THE COMPREHENSIVE PLAN. THERE'S JUST SOME MORE SOME MORE IMAGES ABOUT WHAT YOU SEE, WHAT YOU'RE GOING TO SEE OUT THERE IN THE OUTDOOR SPACE. THE PURCHASE PRICE, AGAIN, IS 193,000. 
          THEY'VE GOT EARNEST MONEY UP AT THE TITLE COMPANY. THERE'S 120 DAY INSPECTION PERIOD AND CLOSING 60 AFTER THAT, THE CITY'S GOT A PART OF THE OBLIGATIONS OF THE SELLER, WHICH IS THE CITY OR, AND OR YOU WOULD BE TO PLAT THE PROPERTY AND EXTEND THE UTILITIES. AND THERE'S UTILITIES ON THE SITE. IT'S A LITTLE COMPLICATED BECAUSE IT WASN'T INTENDED TO BE ADDED ONTO. SO THERE'LL BE SOME WORK THAT GOES ON WITH UTILITIES ON THE SITE, BUT IT SHOULD PAY ITSELF OFF WITH WHAT YOU CAN, WHAT YOU CAN PUT ON THE PROPERTY. IT'S AS IS, YOU'LL PUT UP A TITLE POLICY. THEY'RE GOING TO PAY ME A BROKERAGE FEE AND OPTIONS. REAL ESTATE AND CONTINGENCY. THIS IS CONTINGENT UPON FINAL PLAN SPECS AND FINANCING. THE THE THE OBLIGATION OR THE ASK. THE REQUEST HERE WOULD BE CONTINUED UPON THEM FINALIZING THEIR FINANCING. BUT THEY'VE ALREADY GOT THAT STUFF. THEY'RE IN TALKS WITH THEIR LENDER. THEY OWN THEIR OTHER BUILDING IN OAK CLIFF, TOO. AND SO THEY'RE ALREADY IN TALKS WITH THEIR LENDER TO DO THIS. AND LET'S SEE WHAT ELSE HERE. SO THERE'S, THERE'S A, THERE'S A QUICK BREAKDOWN OF WHAT'S GOING TO GO INTO THE BUILDING. THERE'S THE LAND PRICE. THE BUILDING IS LIKE AT $300 A SQUARE FOOT. WHO WOULD HAVE THOUGHT WE WERE EVER PAYING $300 A SQUARE FOOT FOR BUILDINGS ANYMORE? BUT I MEAN, TO REMODEL BUILDINGS, NOT NOT JUST THAT'S NOT BUYING THE BUILDING. THAT'S JUST THE REMODEL COST, BUT THAT'S JUST WHAT IT COST THESE DAYS. AND WE JUST, YOU KNOW, WENT THROUGH THAT WITH ISABELLA. SO ABOUT 200,000 IN FURNITURE, FIXTURES AND EQUIPMENT, SOFT COST OF A COUPLE HUNDRED THOUSAND START UP EXPENSES, 75. SO MILLION EIGHT IN TOTAL AND TOTAL VALUE THERE. FIRST LINE THE WAY THIS THE FINANCING WOULD BE STACKED IS THE CAPITAL STACKED IS WE'D LIKE TO SAY IN THE REAL ESTATE BUSINESS, THE FIRST LIEN WOULD BE ABOUT 45%, WHICH IS 830,000. THE SECOND LIEN WOULD PROBABLY BE WITH A C, D, F I. AND FOR THOSE THAT YOU DON'T THAT DON'T KNOW WHAT A C, D F IS, IT'S A IT'S A NONPROFIT BANK. LIKE IT MAY BE THE TEXAS MEZZANINE FUND. AND THAT'S WHO DID. THIS IS EXACTLY THE WAY ISABELLA WAS DONE. THEN THE D C, D C GRANT, THEN THE EQUITY FROM THE OWNERS, AND THAT'LL TOTAL YOUR 100%. AND THAT'S THAT'S IT. I THINK WHAT I'VE GOT HERE FOR YOU, THERE'S A LOT OF PEOPLE THAT COULDN'T COME AND THEY MAY COME TO THE THE, THE MORE FORMAL MEETING OR THE VOTE IF THERE IF THERE'S VOTE, BUT I'VE GOT LETTERS FROM MAIN STREET PROPERTY OWNERS AROUND THAT SUPPORT THIS. AND CAN I JUST APPROACH THE CHAIR AND GIVE THESE TO YOU OR HERE'S A COUPLE OF COPIES. THERE'S ABOUT 12 LETTERS. THIS PROJECT GOING FORWARD. AND WITH THAT, WE'LL ANSWER ANY QUESTIONS BETWEEN VINNIE AND I. TRY TO ANSWER ANY QUESTIONS YOU GOT. OKAY. ANY QUESTIONS FOR OUR PRESENTERS? YOU DO. GO AHEAD. SOME OF THESE ARE JUST CURIOSITY AND TO JUST GIVE SOME COMFORT LEVEL ON VIABILITY THAT THINGS HAVE BEEN THOUGHT ABOUT. SO I SEE THAT THE THE SITE IS MASTER PLANNED WITH ALL THESE OTHER BUILDINGS. 
          IS THERE A STRATEGY FOR LIKE THAT'S NOT GOING TO HAPPEN IMMEDIATELY WITH GETTING THE RESTAURANT OPEN. THIS WOULD BE OVER SOME TIME TO DO THAT. DEFINITELY. THANKS FOR THE APPRECIATION. SO WHAT WE'RE LOOKING AT IS, AS WE POINTED OUT, IS ONE OF THE FIRST THINGS WE DID WAS AS A CITY WITH OUR PUBLIC WORKS DEPARTMENT, YOU KNOW, OUR DEVELOPMENT DEPARTMENT IS TO IDENTIFY A CIVIL ENGINEERING FIRM TO HELP OUR STAFF. YOU KNOW, HE MENTIONED, YOU KNOW, THE EXISTING PUBLIC UTILITIES THAT ARE ON THE SITE RIGHT NOW, RIGHT? THE WAY THAT, YOU KNOW, TWO ACRE PARCEL WAS DESIGNED IN PART BECAUSE, YOU KNOW, WE INHERITED AT ONE POINT IN TIME, THIS IS ALL PART OF THE AIR FORCE BASE ACADEMY, RIGHT? BUT THERE'S A TEN INCH SANITARY SEWER EASEMENT THAT RUNS ALONG. YOU CAN SEE THE WEST SIDE OF THE PROPERTY. IT EXTENDS ALL THE WAY NORTH, LIKE INTO ARMSTRONG PARK, RIGHT? SO IT'S 
          [01:20:03]
A REALLY LARGE GRAVITY FED SANITARY SEWER LINE. AND SO THIS BUILDING, OBVIOUSLY TAX OFFICE WASN'T DESIGNED TO ACCOMMODATE A USE LIKE A RESTAURANT, RIGHT? THAT, THAT THAT REQUIRES A DIFFERENT LAYER OF, YOU KNOW, PUBLIC UTILITIES, NOT THE LEAST OF WHICH THE BUILDING BEING, YOU KNOW, 40 PLUS YEARS OLD. AND SO, BUT, BUT THE IDEA AND THE THESIS, SOME OF THE THINGS THAT, YOU KNOW, OUR TEAM TALKED ABOUT WITH COMPREHENSIVE PLAN IS HOW CAN WE MAKE THE AVAILABLE LAND WE HAVE LEFT IN OUR COMMUNITY AS PRODUCTIVE AS POSSIBLE? RIGHT. AND SO, YOU KNOW, OBVIOUSLY, WE'RE ABLE TO SUCCESSFULLY RECRUIT THIS RESTAURANT BAND TO THE COMMUNITY, BUT WHAT ELSE CAN WE DO WITH THE REMAINDER OF THE SITE? BECAUSE IT IS REALLY ON THE EDGE OF OUR, YOU KNOW, DOWNTOWN, OUR MUNICIPAL DISTRICT. RIGHT. AND WE'RE ACCUSTOMED TO SEEING A LITTLE BIT MORE INCREMENTAL DENSITY OR USE OF THE LAND TO GENERATE MORE REVENUE FROM A, FROM A SITE THAT'S BEEN TAX EXEMPT. 
          ALTHOUGH THERE WERE JOBS ON THE GROUND WHEN THE COUNTY TAX OFFICE WERE HERE. BUT NONETHELESS, IN TERMS OF PURE REVENUE, RIGHT. AVALON SALES TAX JOBS, CREATING A CRITICAL MASS. SO THAT WAS THE THOUGHT IN THE DESIGN. BUT WE'RE REALLY JUST NOW STARTING TO NOW FINALIZE AND SEE WHAT A REPLAT FOR THIS PROPERTY WILL LOOK LIKE. AND SO TO ANSWER YOUR QUESTION, THAT PROCESS IS UNDERWAY. AND THAT'S KIND OF WHAT MOTIVATED THE THE THOUGHT BEHIND, YOU KNOW, THIS MODEL OF, YOU KNOW, HOW DO STRONG TOWNS, HOW DO YOU KNOW, STABLY AND FINANCIALLY RESILIENT? RIGHT? THAT WAS ONE OF THE PILLARS WE JUST TALKED ABOUT WITH THE COMPREHENSIVE PLAN, THE DOWNTOWN VITALITY. SO THAT WAS THE THINKING WITH WHAT YOU SEE HERE. BUT PHASE DEVELOPMENT, THIS WOULD BE THE FIRST PHASE OF THAT DEVELOPMENT. WHY? BECAUSE THERE'S ALREADY AN IMPROVEMENT ON THE SITE. SO IT'S AN ADAPTIVE REUSE AS OPPOSED TO WHAT THE REST OF THE CONCEPT WILL BE WOULD BE INFILL REDEVELOPMENT. AND THESE THESE SITES, EACH OF THESE SITES YOU SEE THERE IS THE THE BLOCKS UP THERE, THEY CAN BE SOLD TO OTHER USERS, TO OWNER OCCUPANTS INSTEAD OF RENTERS. IF A DEVELOPER LIKE MYSELF BUILT ALL OF THIS TODAY AND THE COST OF CONSTRUCTION AND EVERYTHING, YOU COULDN'T MAKE THE NUMBERS WORK, YOU COULDN'T GET ENOUGH. BUT IF WE BUILD THESE TO OWNER OCCUPANTS AND THEY GO DOWN AND GET AN SBA LOAN OR GET A CDFI LOAN, THEN YOU'VE GOT YOU'VE GOT LOCAL PEOPLE OWNING AND BUILDING WEALTH. IT'S JUST LIKE IT'S SPELLED OUT. THEY OWN THEIR PROPERTY, JUST LIKE TEXAS PHASE. THEY OWN THEIR PROPERTY AND MORE PEOPLE. I DON'T A LOT OF CITIES TALK ABOUT THIS. VERY FEW CITIES ACTUALLY GO THROUGH WITH IT WHERE IT'S JUST SO THESE ARE LIKE LOCAL, YOU KNOW, THESE ARE MORE LIKE LOCAL PEOPLE GETTING TO OWN PROPERTY. SO EACH OF THESE CAN BE BUILT ONE AT A TIME, YOU KNOW, OVER TIME. SO YOU, YOU MIGHT DO THIS ONE, YOU MIGHT BUILD ONE SPECULATIVE AND PUT IT UP FOR SALE AND BUILD ANOTHER ONE. AND THEN YOU CAN, THEN YOU CAN, YOU CAN CONTINUE TO DO THE SAME THING. AND HERE'S ANOTHER INTERESTING FACT HERE AND IN DUNCANVILLE RIGHT NOW, YOU GUYS, YOU KNOW, YOU GUYS ON THE COUNCIL ARE DEALING WITH BUDGET RIGHT NOW. SO IN DUNCANVILLE AND I JUST HAPPEN TO KNOW THESE STATISTICS. THESE ARE NOT THESE ARE NOT MONIES, YOU KNOW. GUESSTIMATES. BUT RIGHT NOW, THE TAX, THE REAL ESTATE THAT'S ON THE GROUND IN DUNCANVILLE IS ON IS ON TAX ROLLS AT 580,000 AN ACRE. YOU JUST HAVE TO TRUST ME. YOU CAN LOOK IT UP ON CHATGPT IF YOU WANT TO, BUT 580,000 ACRE, WHICH IS NOT ENOUGH MONEY TO FUND YOUR OPERATION. IT DOESN'T. IT WON'T FUND. YOU NEED ABOUT 1.2 MILLION. REALLY? I JUST HAPPEN TO KNOW THAT THAT FIGURE, THIS THIS WOULD BE WHAT THIS IS BUILT OUT. IT WOULD BE ON THE TAX ROLLS FOR $4 MILLION PER ACRE. IF YOU WENT UP TO THE VALUE OF WHAT THEY COST, 4 MILLION PER ACRE. IF YOU LOOK AT LIKE WHEATLAND PLAZA WAS ON THE TAX ROLLS FOR 3 MILLION AN ACRE WHEN WE STARTED, AND IT JUST APPRAISED FOR 20 MILLION, AND IT'LL GO UP TO 24. NOW YOU CAN ONLY GO UP 20% PER YEAR. THE COUNTY WILL ONLY LET YOU YOU KNOW, IT TAKES A NUMBER OF YEARS. YOU WON'T YOU WON'T REALLY BELIEVE ISABELLA IS GOING TO BE ON THE TAX ROLLS. IF YOU TAKE THE 1.6 MILLION IT COST TO BUILD IT DIVIDED BY THE 0.11 ACRE, THAT'S $15 MILLION PER ACRE. SO A CITY GETS RICH WITH ALL THESE LITTLE BUILDINGS STACKED TOGETHER. IT'S NOT A BIG ONE, YOU KNOW, IT'S NOT A BIG ONE. BUT THEY GET RICH STACKING THESE TOGETHER. AND THAT'S WHAT WE HAVE IS THESE LITTLE INFILL SITES THAT THERE'S OPPORTUNITY TO STACK THESE THINGS UP ON THEM AND, AND BUILD A LITTLE MORE DENSITY AND HAVE LOCAL WEALTH AND, YOU KNOW, AND HAVE, YOU KNOW, A BUDGET, YOU KNOW, THAT'S, THAT'S A CITY THAT'S RICH, THAT BECOMES RICH. THANK YOU. MR. HARVEY, JUST FOR CLARIFICATION, THE TOTAL PROJECT COST WAS SOMEWHERE IN THE 1.8 MILLION. WAS THERE ABOUT WAS THAT CORRECT? YES. AND THERE WAS A FOOTNOTE OR A NOTE ABOUT THE UTILITIES COST THAT WOULD HAVE 
          [01:25:02]
TO BE ADDRESSED WITH THIS OVERALL DEVELOPMENT, THE FINANCIAL IMPACT THAT UTILITY COST IS THAT REALIZED IN THIS OVERALL BUDGET, OR IS THAT IN ADDITION TO THAT BUDGET THAT'S BEING PRESENTED? I THINK WE SEE THAT AS PART OF THE PHASES OF THE DEVELOPMENT CONCEPTUALLY THAT WE TALKED ABOUT LIKE SO FOR EXAMPLE, THE COST ASSOCIATED IN THE NEED WITH THIS PARTICULAR FACILITY, THE ONLY WE'LL SAY OFF SITE INFRASTRUCTURE IS MAYBE EXPANSION OF THE EXISTING WATER SERVICE LINE. OBVIOUSLY, THEY'LL NEED TO DO A SEWER TAP TO HAVE A GREASE TRAP TO SERVICE BECAUSE AGAIN, IT'S NEVER BEEN A RESTAURANT. BUT THE REAL PUBLIC INFRASTRUCTURE COST ASSOCIATED WITH THE LARGER DEVELOPMENT IS GOING TO BE REALIZING THE ADDITIONAL PHASES. AND SO BUT THE PLANNING HAS TO HAPPEN NOW IN TERMS OF CONCEPTUALLY HOW WE MIGHT WANT TO PLAT OR LAYOUT. SO THE INFRASTRUCTURE COSTS THAT ARE CONTEMPLATING THIS PROJECT, ONE OF THE CONTINGENCIES DELIVERING THE SITE WITH THE ABILITY TO ACCESS, YOU KNOW, THE NECESSARY WATER SERVICE LINE. AND THEN OBVIOUSLY THEY CAN ALREADY ACCESS THE SANITARY SEWER LINE. SO, SO FUTURE PHASES WILL BE INVOLVED WITH THE LARGER PUBLIC INFRASTRUCTURE COSTS AS A THIS PART OF CITY LED DEVELOPMENT PROJECT THAT WE WERE TALKING ABOUT BEFORE IN THE COMPREHENSIVE PLAN, BUT A CATALYST INITIATION. THIS FIRST PHASE WITH THE EXISTING STRUCTURE. ONCE ONCE WE HAD THIS AND YOU KNOW THIS BECAUSE YOU'RE IN I MEAN, YOU KNOW, WE HAVE THE SITE PLAN AND THE BUILDINGS THAT NEED TO BE THERE, THEN THE ENGINEERS ARE GOING TO COME IN AND SAY, OKAY, WHAT HAVE WE GOT TO DO TO, TO MAKE THIS WORK? AND SO WHEN WE'RE IN THE MIDDLE OR IN THE MIDDLE OF THAT RIGHT NOW, UNTIL WE KNOW THAT WE SHOULD KNOW THAT PRETTY SOON HAVE AT LEAST A GUESSTIMATE OF WHAT THAT'S, YOU KNOW, WHAT THAT'S GOING TO COST TO GET YOU THERE TO GET A DEVELOPED SITE. BUT A LOT OF, YOU KNOW, WE CAN USE SOME OF THE PARKING AND WE CAN USE A LOT OF THE THERE'S A LOT THERE YOU CAN ALREADY USE. SURE. I THINK IT WILL BE IMPORTANT FOR THIS BOARD TO KNOW IS REALLY THE DELINEATION BETWEEN WHAT ARE THE PUBLIC INFRASTRUCTURE COSTS OR INFRASTRUCTURE COSTS ARE BEING ABSORBED BY THIS PROJECT VERSUS THE FUTURE PHASES OF THE PROJECT AND WHAT THAT FINANCIAL IMPACT HAS ON THIS PARTICULAR ASK FOR AN INCENTIVE AND THEN ALSO IN THE FUTURE AS WELL. NOT NECESSARILY. I'M NOT LOOKING FOR THE ANSWER TONIGHT. I JUST WANT TO MAKE SURE WHEN HE COMES BACK THAT WE SORT OF HAVE A BETTER CLARITY ON THAT. IT'S IN THE THAT'S IN THE PROCESS. OKAY. SO THAT'S, THAT'S HAPPENING NOW. YEAH. BUT WHAT'S YOUR POINT? WE CAN DEFINITELY HAVE THAT. THAT FORECAST IS LIKE THE FUTURE PHASES, THE PUBLIC INFRASTRUCTURE PROJECT THAT WE'D HAVE TO BUDGET FOR BECAUSE AGAIN, IT'S STILL GOING TO BE STAFFED WHEN I SAY STAFF, MUNICIPAL, PUBLIC WORKS WITH THE DESIGN AND CONTRACTING THE WHOLE THING. THANKS. THANK YOU. DO YOU HAVE A QUESTION? I DID WELL, I JUST WANTED TO THANK YOU SO MUCH FOR THE PRESENTATION AND THE OPPORTUNITY, EVEN FOR CONSIDERING DUNCANVILLE FOR THIS PROJECT. I THINK THAT'S A GREAT OPPORTUNITY FOR US, AND PRETTY MUCH I JUST HAD THE SAME KIND OF QUESTIONS. A LOT OF THINGS ARE UNDERWAY, AND THOUGH I LOVE IT, BUT I THINK THE THINGS THAT ARE UNDERWAY ARE GOING TO BE VERY IMPORTANT AS WE AS A BOARD TRY TO MOVE FORWARD. IF WE CAN GET SOME ANSWERS TO THAT UNDERWAY TYPE OF STUFF. AND THEN ALSO WITH THE NO SEWER ACCESS. RIGHT. AND I KNOW IT MAY AFFECT FUTURE PROJECTS, BUT HOW DOES IT AFFECT THIS ONE? LIKE IS IT INCLUDED IN THE NO NEED TO COME UP WITH AN ANSWER OR WHATEVER, BECAUSE I THINK IT'S UNDERWAY, BUT JUST I THINK THOSE THINGS ARE GOING TO BE IMPORTANT FOR US. AND LIKE, LIKE IF THERE'S NO SEWER ACCESS, DOES THAT AFFECT THIS PROJECT? AND THEN ALSO DOES THE OUTSIDE OF THAT WITH THE PARKING. AND I KNOW A LOT OF IT'S SHARED AROUND THERE WITH THE PARKING EFFECT, YOU KNOW, THE OTHER PLANTS BECAUSE SOME OF IT APPEARS TO BE SHARED. QUICK, QUICK ANSWER TO THAT. SO WHEN YOU SEE THIS TRIANGULAR, EXCUSE ME, THIS RECTANGULAR SECTION LABELED NO ACCESS, MAYBE IN AN EARLIER VERSION, AS WE'RE KIND OF WORKING THROUGH CONCEPTUALLY, THERE WAS AN EXPLORATION OF HAVING MORE BUILDINGS RIGHT THERE. THE REALITY IS THOUGH, WE CAN'T GET THE SANITARY SEWER THERE. AND SO THAT'S ULTIMATELY GOING TO BE A PUBLIC GREEN SPACE, RIGHT? SO WHEN WE SAY NO SEWER, IT'S LIKE, HEY, THAT'S WHY WE WON'T SEE A BUILDING HERE. SO THE SANITARY SEWERS IN PLACE, IT'S REALLY JUST ABOUT THE DESIGN, TESTING THE CAPACITY BECAUSE THAT HELPS KNOW HOW WE'RE GOING TO DESIGN IT. AND THEN THAT'LL INFORM THE COST. AND MOST LIKELY, YOU KNOW, AGAIN, PART OF FUTURE PHASE BREAKOUT DEVELOPMENT. AND SO YEAH, THAT'S THE ANSWER TO THAT QUESTION. CERTAINLY THE WAY THIS IS CONCEPTUALLY ALIGNED, YOU'RE LOOKING AT A SHARED 
          [01:30:05]
PARKING AGREEMENT. THAT'S THE MIXED USE PRODUCT THAT'S CONTEMPLATED WAS GOING TO REQUIRE CHANGING ZONING. RIGHT. CURRENTLY THIS PARCEL IS LOCAL OFFICE EXCUSE ME, NEIGHBORHOOD OFFICE RETAIL, WHICH IS PERMITTED FOR THE RESTAURANT USE. BUT NOW AS WE LOOK TO FUTURE PHASES TO MAXIMIZE THE SITE, MIXED USE TWO STORY BUILDING IS NOT PERMITTED. 
          RIGHT. AND SO THERE'S AN UNDERSTANDING AGAIN, STAFF LED CITY LED PROJECT BECAUSE YOU'RE THE OWNER. THIS IS THE VISION IN PART THAT'S CALLED FOR IN THE COMPREHENSIVE PLAN. BUT LIKE THESE ARE THE PROCEDURAL THINGS THAT ARE ALSO PART OF THE ABILITY TO BRING THIS CONCEPT FORWARD. AND SO SHARED PARKING USE AGREEMENT, EITHER ON A PUBLIC IMPROVEMENT OR BUSINESS OWNERS ASSOCIATION, THE, THE PARKING RATIO AND ALL OF THOSE THINGS ARE PART OF THAT DESIGN AND EXPLORATION WITH THE CIVIL ENGINEERING AND PLANNING, BECAUSE THAT'S GOING TO HAVE TO BE A FORMAL PROCESS AS WELL. SO WE LABELED THIS AS ADDITIONAL CONTINGENCY THAT AGAIN, WE'RE DOING THE WORK ON NOW FOR THE PLANNING PROCESS. THIS GROUP IS JUST WANTING TO UNDERSTAND THE WELL, BRINGING FORTH THE INCENTIVE REQUESTS RELATED TO THIS FIRST PHASE, WHICH DOESN'T NECESSARILY HAVE TO DO A CHANGE OF ZONING AS AN EXAMPLE, RIGHT. AND THEN MY ONLY OTHER THOUGHT, JUST IN THE PERCENTAGE WISE AND WHERE WE STAND JUST WITH THE GRANT AND EVERYTHING, AND WE'RE JUST WE'RE BRINGING A CONSIDERABLE AMOUNT MORE TO THE TABLE THAN THE. THE APPLICANT. I THINK WE'RE BRINGING FORWARD 25% OF THE COST, IT SAYS, AND THEIR EQUITY IS SEVEN. SO JUST I DON'T KNOW, I KIND OF GET HEARTBURN WITH TAXPAYER DOLLARS AND SKIN IN THE GAME KIND OF THING FOR A BUSINESS PERSPECTIVE. SO THAT, YOU KNOW, JUST SOMETHING THAT ALWAYS KIND OF STANDS OUT TO ME WITH THOSE TYPES OF PROJECTS AND, AND NOT KNOWING ANY HISTORY, HISTORY OTHER THAN THE PIZZA'S GOOD REGARDING THE ABILITY FOR THIS DEBT SERVICE AMOUNT THAT'S GOING TO BE THERE LEFT. YOU KNOW, JUST KIND OF HOW THAT ALL WORKS OUT FOR US BEING IN SUCH A POSITION THERE. I THINK THEY'RE BRINGING A LOT MORE THAN 7%. I MEAN, THEY'RE BRINGING 7% IN CASH, BUT THEY'RE ALSO HAVING TO PERSONALLY GUARANTEE THREE OF THEM, YOU KNOW, A MILLION SOME FOR, YOU KNOW, IN LOANS AND STUFF. BUT I UNDERSTAND YOUR POINT, RIGHT? RIGHT. I UNDERSTAND WHAT YOU'RE SAYING, BUT THEY HAVE TO AND THE BANK'S GOT TO UNDERWRITE THAT TO, YOU KNOW, THEY'RE GOING TO BE MORE PROBABLY, YOU KNOW, STRINGENT THAN YOU ARE ON THAT ON THAT UNDERWRITING. THEY'RE GOING TO SEE IF THEY GOT THE THE OWNERS HAVE THE WEALTH, THE, YOU KNOW, TO DO TO DO ALL OF THAT. SO AND, AND THE CDFI ALSO IS CREATED THE THAT'S A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTE. 
          AND WHAT A, WHAT A CDFI IS, IS, IS A, IS A NONPROFIT BANK. OKAY. AND IT'S HERE IN NORTH TEXAS, WE HAVE THE TEXAS MEZZANINE AND THEN WE HAVE TREC REAL ESTATE COUNCIL HAS ONE, TWO. AND THESE, THESE BANKS ARE FOR AREAS THAT WHERE THE APPRAISALS ARE NOT, YOU KNOW, YOU CAN'T GET THE APPRAISALS BECAUSE THERE'S NO WAY THIS WILL APPRAISE. I MEAN, IT JUST WON'T APPRAISE. I MEAN, NEITHER DID ISABELLA OR DID. BUT WE'LL SEE HOW THAT'S GOING TO WORK OUT. YOU KNOW, SO THOSE ARE THOSE ARE THINGS THAT THEY'RE GOING TO HAVE TO HAVE THE THE CASH FLOW AND THE WEALTH BESIDES THIS TO SERVICE THAT DEBT OR THE BANK'S NOT GOING TO GIVE THEM A LOAN. SO ARE THOSE. YEAH. YES. YEAH. THEY'VE GONE THROUGH THIS WITH THEIR BANK AND COME BACK AND FORTH. AND, YOU KNOW, THEY, THEY'VE, YOU KNOW, TO, TO DO AND IT'S, IT'S THE CDFIS ARE AND IT COULD BE AN SBA LOAN AND A CDFI. SO, YOU KNOW, THE STACK IS, IT'S JUST WHAT YOU GOT TO DO IN PLACES, MANY PLACES IN SOUTHERN DALLAS COUNTY, NOT JUST HERE, BUT MANY PLACES YOU GOT TO DO, ESPECIALLY WHEN YOU'RE, YOU KNOW, I'M, I MEAN, I HOPE WE'LL SEE THIS WITH ISABELLA AND, AND, AND HERE, BUT I'M THINKING THERE'S A PENT UP DEMAND HERE THAT THAT THAT PEOPLE WILL COME, WILL, WILL SEE. IT'S I DON'T KNOW IF YOU'VE BEEN TO ISABELLA, BUT IT WAS WHEN I WAS SITTING THERE THE OTHER NIGHT, I THOUGHT, AM I IN DUNCAN? I WAS IT WAS, IT WAS INTERESTING BECAUSE I'VE BEEN TO ENCINA, YOU KNOW, IN OAK CLIFF MANY TIMES. BUT, YOU KNOW, IT'S, YOU KNOW, IT'S WE'RE WE'RE WE'RE TRYING TO PUSH, WE'RE PUSHING THE BOTTOM UP. WE'RE TRYING TO PUSH THE BOTTOM UP. THAT'S WHAT WE'RE REALLY TRYING TO DO. AND HOPEFULLY THERE'S SOME OTHERS THAT'LL, THAT'LL COME UP AND MAYBE TAKE ONE OF THESE OTHER 
          [01:35:05]
BUILDINGS OR, YOU KNOW, I KNOW ANOTHER RESTAURANT ON SOUTH MAIN THAT'S TRYING TO BUY THEIR OWN, YOU KNOW, THEY'RE TRYING TO BUY THEIR OWN BUILDING NOW AND TRYING TO DO, YOU KNOW, AND SO, AND THE BODEGAS ARE CALLED, YOU KNOW, AND THE, THE BURRITO GUY, WE GOT SOME QUALITY STUFF STIRRING AROUND, YOU KNOW, WE GOT SOME QUALITY STUFF STIRRING AROUND OUT THERE THAT'S, YOU KNOW, WE HADN'T HAD BEFORE. SO IT'S, WE'RE, IT TAKES, I ALWAYS LIKE TO SAY IT TAKES A VILLAGE TO BUILD A VILLAGE. YOU KNOW, THERE'S NO WAY ME OR BENNY OR ANYBODY WE CAN DO THIS WITH WITHOUT EACH OTHER, YOU KNOW, WE JUST THERE'S JUST NO WAY TO DO IT. SO. WHAT ARE YOUR NEXT STEPS? AND THEN THE OTHER QUESTION I HAD WAS, WHAT KIND OF TIMING ARE YOU LOOKING AT FOR A LAUNCH? WELL, I THINK THIS WAS SCHEDULED TO COME BACK FOR A VOTE NEXT MONTH. AND SO ONE OF THE THINGS WE HAD A COMMUNITY, WE HAD ONE COMMUNITY MEETING. WE'VE WE'VE HAD WELL, WE DIDN'T YEAH, WE DIDN'T HAVE WE DIDN'T HAVE ONE FOR THIS ONE. ONE OF THE THINGS THAT MARLINS IS ASKING US TO DO IS HAVE A COMMUNITY MEETING AND THEN HAVE COME AND MEET WITH YOU ALL AND TALK TO BOARDS AND STUFF WITHOUT A VOTE, YOU KNOW, WITH WITH PEOPLE CAN REALLY TALK AND ASK QUESTIONS AND FIGURE OUT WHAT'S GOING ON AND THEN STUDY THINGS AND THEN COME BACK, YOU KNOW, FOR THE VOTE INSTEAD OF JUST COMING IN HERE AND GOING, OH, IT'S VOTE, YOU KNOW, ON THIS. SO IF YOU VOTED, I, I'M JUST GOING TO GIVE YOU WHAT I'M, WHAT I THINK IF YOU VOTED IT THROUGH, LET'S SAY IN THIS YEAR, PROBABLY TAKE A COUPLE OF MORE MONTHS OR THREE MONTHS TO GET, GET THE LOAN CLOSED. AND AT THE SAME TIME, YOU'RE GETTING A BUILDING PERMIT AND YOU'RE GETTING PLANS DONE. SO MAYBE THREE MONTHS, FOUR MONTHS, WHATEVER I SAY, ADD TWO MORE MONTHS TO IT. OKAY. SO BECAUSE CONSTRUCTION AND LENDING IS THAT WAY, AND THEN MAYBE, YOU KNOW, EIGHT MONTHS TO BUILD TO BUILD IT OUT. SO I WOULD SAY YOU COULD SEE IT GOING THROUGH ALL THROUGH 27. AND IT'S JUST SIMILAR TO WHAT WE SAW WITH ISABELLA, YOU KNOW, VERY SIMILAR IN TIME TO THAT. SO IT'S, THAT'S, I THINK THAT'S PRETTY CLOSE PROBABLY. WHAT DO YOU HAVE ANY. YEAH, I HAVE ONE MORE TIMELINE ISSUE TOO. SO WE TALKED ABOUT THE ZONING CONTINGENCIES FOR THE FUTURE PHASES. WHAT'S ALSO TRUE ABOUT THIS PARTICULAR SITE IS THEIR BUSINESS MODEL. THEIR MENU INCLUDES BEER AND WINE SALES, LIKE AT THEIR OAK CLIFF LOCATION. AND SO WHY THAT MATTERS IS THE PROXIMITY OF THIS PARCEL TO A PUBLIC SCHOOL CAMPUS. AND SO AGAIN, SIMILARLY IN OAK CLIFF, THERE MAYBE 4 OR 500FT FROM MY SCHOOL, IT'S NOT A PUBLIC SCHOOL. IT'S THE KESSLER SCHOOL. SO THEY'RE FAMILIAR WITH THE PROCESS. 
          WE'VE ALSO HAD INFORMAL MEETINGS WITH THE DUNCANVILLE ISD SUPERINTENDENT TO KIND OF BRIEF HIM AS A PREVIEW TO THIS PROJECT, BECAUSE AGAIN, IN OUR UNDERSTANDING, HE'S BEEN ABLE TO DO HAVE THAT SAME EXERCISE WITH, WITH, WITH HIS LEADERSHIP. AND SO MAIN THING IS THAT'S ANOTHER EXAMPLE OF TIMELINES THAT WILL BE A CONTINGENCY TO A CLOSING. SO AS EVERYTHING ELSE IS, YOU KNOW, AUTHORIZED OR APPROVED. SO I WANTED TO POINT THAT OUT. YEAH. I THINK, I THINK YOU COULD EASILY SAY IT'S A YEAR OR SO PROCESS. YOU COULD EASILY SAY THAT OR. ANY OTHER QUESTIONS. GO AHEAD. ON THE MILLION 173. NOT THAT I WOULD EXPECT ANY MORE DETAIL AT THIS STAGE, BUT JUST WONDERING WHAT LEVEL OF DEVELOPMENT IS THAT WORKING WITH SUBCONTRACTORS AND TRADES TO GET SOME INDIVIDUAL NUMBERS, OR IS THAT KIND OF JUST COST PER SQUARE FOOT AND KIND OF A MORE OF AN OVERVIEW OF THE SCOPE? I'M JUST CURIOUS ABOUT HOW FAR ALONG THAT ESTIMATE IS. IT'S A, IT'S, IT'S NOT A, IT'S NOT A WILD GUESS GUESSTIMATE. IT'S, IT'S A VERY GOOD. IT WAS BASED ON THEIR LAST PROJECT I DID AND INFORMATION I GAVE THEM ON SOME OF THE OTHER STUFF THAT WE DO. SO I THINK IT'S A PRETTY EDUCATED. IT'S AN EDUCATED ESTIMATE. THERE'S. WE'VE GOT A BREAKDOWN OF THOSE OF THE ITEMS, BUT IT'S. THINGS ARE, YOU KNOW, THINGS KEEP GOING UP, YOU KNOW, SO MAYBE UP HERE AND WE WON'T SEE MUCH INFLATION. I THINK WE'RE IT'S A IT'S A GOOD IT'S A GOOD ESTIMATE. IT'S A THE BUILDING IS ACTUALLY PRETTY. 
          BUILDING'S ACTUALLY PRETTY GOOD. IT DON'T LOOK THAT PRETTY, YOU KNOW, OR ANYTHING. BUT THAT CAN 
          [01:40:01]
BE THAT CAN BE FIXED, YOU KNOW, BUT IT'S IT'S ACTUALLY A PRETTY GOOD BUILDING. OKAY. I DO NOT BELIEVE I SEE ANY OTHER QUESTIONS. SO WE ARE GOING TO DO A PUBLIC HEARING. SO BUT BEFORE WE DO THE PUBLIC HEARING, CONGRATULATIONS TO MONTY FOR DOING THIS FOR A WHOLE GENERATION. THAT'S A LONG TIME. ALRIGHT. YES, AND THANK YOU, SHINZO'S, FOR WANTING TO PARTNER WITH US HERE IN DUNCANVILLE IN YOUR BUSINESS OPERATIONS. AND FINALLY, ONE MORE THING BEFORE WE GO TO THE PUBLIC HEARING IS THAT I I'M HOPING THAT ALL FACETS OF THIS ORGANIZATION, THIS CITY ORGANIZATION THAT YOU'LL BE WORKING WITH, I HOPE THAT WE WILL MAINTAIN AN ONLINE, EXCUSE ME, MAINTAIN AN ONGOING LINE OF COMMUNICATION WITH EACH OTHER AND WORK TOGETHER TO ENABLE THIS PROJECT TO BE A REALITY. MY EXPERIENCE HAS TAUGHT ME THIS POINT ON IS WHERE IT CAN GET INTERESTING SOMETIMES. SO I WOULD ENCOURAGE THAT WE ALL WORK TOGETHER AND MAKE THIS HAPPEN. SO WITH THAT BEING SAID, WE WILL OPEN THE PUBLIC HEARING AT 742. DON'T NEED TO HIT THE GAVEL AT 742. AND WHAT WE'RE GOING TO DO IS THOSE WE'RE GOING TO START WITH THOSE WHO ARE IN FAVOR OF THIS. WOULD YOU COME UP TO THE PODIUM, STATE YOUR NAME AND ADDRESS FOR THE RECORD, AND YOU HAVE TWO MINUTES. DO I NEED TO ADMONISH ANYTHING ELSE THAT COVERS IT? ALL RIGHT, STARTING NOW, TWO MINUTES FOR THIS PROJECT. GOING ONCE, GOING TWICE. ALL RIGHT. IF YOU ARE NOT IN FAVOR OF THIS PROJECT, YOU ARE INVITED TO COME TO THE PODIUM, STATE YOUR NAME AND ADDRESS FOR THE RECORD, AND YOU WILL HAVE TWO MINUTES. 
          GOING ONCE, GOING TWICE. WE CLOSE THE PUBLIC HEARING AT 743. WELL DONE. OKAY, THAT BRINGS US 
          [8.B.  Conduct a public hearing to consider economic incentives  requested by Create Atelier as part of a proposed acquisition and  redevelopment of the former Ben Franklin Apothecary property  located at 302 N Main Street. ]
TO ITEM A, B AND THIS IS 302 NORTH MAIN STREET. REDEVELOPMENT PROPOSAL. CONDUCT A PUBLIC HEARING TO CONSIDER ECONOMIC INCENTIVES REQUESTED BY CREATE. WHAT IS THIS MONEY? HOW YOU PRONOUNCE THAT? K? OH SOUNDS LIKE IT'S GOT SOME BAYOU IN IT. OKAY. AS PART OF A PROPOSED ACQUISITION AND REDEVELOPMENT OF THE FORMER BEN FRANKLIN APOTHECARY PROPERTY, LOCATED AT 302 NORTH MAIN STREET, MISTER GULF. THANK YOU AGAIN, MR. HARVEY AND BOARD. 
          SECOND AND FINAL ITEM FOR OUR AGENDA IS ALSO PUBLIC HEARING. SHOWN ON THE SCREEN IS A PRIVATELY OWNED BUT USUALLY RECOGNIZABLE PROPERTY HERE IN THE COMMUNITY. ADDRESS 302 NORTH MAIN. BUT AGAIN, WE KNOW THIS AS THE FORMER BEN FRANKLIN BUILDING, RIGHT? IT'S IT'S BEEN VACANT AND THEY'VE CLOSED THEIR DOORS. I'M GOING TO SAY, HAS IT BEEN TWO YEARS? YEAH, LONGER. 
          RIGHT. I THINK AT ONE POINT IN TIME, THE RECENT HISTORY, THE CITY OF DUNCANVILLE HAD THIS PROPERTY UNDER CONTRACT, YOU KNOW, DID A DUE DILIGENCE ANALYSIS. ULTIMATELY, DECISION WAS MADE TO TERMINATE THAT CONTRACT. SO YOU'RE GOING TO STAND CLEARLY THE THE REGARD THAT THIS PROPERTY IS HELD IN THE COMMUNITY. WE WHEN I SAY WE THE CITY'S COMMUNITY ENGAGEMENT ADVISORY BOARD, THEY HOSTED A DOWNTOWN FORUM EARLIER THIS YEAR, AGAIN TO INTRODUCE THE PARTIES WHO HAVE THIS PROPERTY UNDER CONTRACT. YOU KNOW, WITH THE BROKER AROUND THEIR CONCEPT AND IDEAS FOR THIS AGAIN, SITE THAT'S BEEN VACANT FOR A CONSIDERABLE AMOUNT OF TIME. SO BUT THIS IS THE FIRST TIME BEFORE THIS BOARD IN THIS SETTING, I'LL JUST DO THE QUICK 
          [01:45:05]
OVERVIEW IN TERMS OF THE CONCEPT ADAPTIVE REUSE, RIGHT. THIS IS A HOTEL WELLNESS SPA CONCEPT FOR THAT FOR THAT VACANT SPACE AND, AND THE PARTIES AND THE APPLICANTS AND THE BUYERS AND THE CONTRACT FOR THIS SITE. THEY'RE ALSO FAMILIAR TO THIS COMMUNITY. 
          THEY'VE DESIGNED A HANDFUL OF BUSINESSES THAT MANY OF US WILL RECOGNIZE, INCLUDING THE CO-LAB SPACE AND THE RECENTLY OPENED ISABELLA RESTAURANT. AND SO THEY HAVE AN ARCHITECTURAL BACKGROUND, AND THEY'RE GOING TO BE HERE TONIGHT TO TALK ABOUT WHAT IS ESSENTIALLY A $7 MILLION CAPITAL INVESTMENT. BUT A CONSIDERABLE ASK OR REQUEST FROM THIS CORPORATION, THE MUNICIPALITY OF $1.5 MILLION. AND THEY SHOW THAT WHAT THAT PERCENTAGE REPRESENTS OF THE OVERALL WILL, SAY, CAPITAL STACK OF PRIVATE DEBT AND EQUITY VERSUS PUBLIC INCENTIVES. 
          SO WITH THAT, I'M GOING TO INTRODUCE OR AT LEAST BRING UP THE REPRESENTATIVES FROM THE APPLICANT AS WELL AS THEIR REAL ESTATE CONSULTANTS, TO KIND OF WALK THROUGH WHAT THEY'VE PUT TOGETHER AS AS A CONCEPT. AND THEN OBVIOUSLY, THE FINANCIAL REQUESTS THAT'S INCLUDED IN THEIR INCENTIVE. ALL RIGHT, ALL RIGHT. OKAY, I'M GOING TO DO IT AGAIN. SO THEN I'M GOING TO ENTER. BUT I'LL START OFF, I WANT TO INTRODUCE YOU TO JOSH ALLEN AND ALEXA AND DEZ HERE. 
          SO THEY'RE CREATING A TYLER AND THEIR THEIR ARCHITECTS. AND THEY'VE DONE A LOT OF WORK. AND BUT THEY'VE ALSO HAVE A HOSPITALITY COMPANY AND HOSPITALITY COMPANY IS, IS GOING TO DO SMALL BOUTIQUES AND STUFF. VERY, VERY BOUTIQUE, VERY HIGH END THINGS. SO WE'RE GOING TO GO THROUGH THIS REALLY QUICK. AND THEN THEY'RE GOING TO BE ABLE TO ANSWER ANYTHING THAT YOU DON'T THAT THAT I MISS. SO IT'S A $7.96 MILLION HOTEL. AND WHEN WE, WHEN WE HAD THE COMMUNITY MEETING A FEW MONTHS AGO, SOMEBODY SAID, WELL, PEOPLE OF DUNCANVILLE WON'T COME TO A, YOU KNOW, HIGH END BOUTIQUE HOTEL AND SAID, YOU KNOW, THAT'S OKAY, BECAUSE WE WANT PEOPLE FROM SOMEWHERE ELSE TO COME HERE TO THAT. BUT MAYBE PEOPLE HERE COULD HAVE A STAYCATION OR HAVE A SPA DAY, OR MAYBE THERE'S A WEDDING OR THERE'S SOME THINGS LIKE THAT THAT WOULD WORK, THAT WOULD WORK. SO THE, THE BEN FRANKLIN BUILDING, WHEN THEY AFTER IT FELL THROUGH, THEY, THEY GOT ME TO, TO HELP THEM TO FIGURE OUT WHAT TO DO WITH IT. AND AS WE THOUGHT ABOUT ISABELLA, WHEN THEY WERE COMING IN, I THOUGHT ABOUT THIS HOTEL. IT'S LIKE, WHAT DO WE PUT NEXT DOOR TO ISABELLA THAT CAN MAKE, YOU KNOW THAT WE CAN MAKE ISABELLA DO GOOD? BECAUSE I WOKE UP IN THE MIDDLE OF THE NIGHT THINKING, OH, YOU KNOW, I WANTED TO, YOU KNOW, IT'S GOT TO DO GOOD, GOOD, GOOD. WHAT ARE WE GOING TO PUT NEXT DOOR? AND SOMEBODY SAID, WELL, A FOOD COURT. WELL, I, AND I MEAN, I'VE GOT SOME FOOD COURTS AND THEY'RE NOT THAT GREAT. IN FACT, THEY KIND OF, YOU KNOW, GENERALLY SPEAKING, THEY KIND OF ALL DO A LITTLE BIT GOOD. THEY DON'T EVER DO REALLY GOOD. SO WHAT CAN WE PUT THERE AND THOUGHT, WELL, A BOUTIQUE HOTEL AND I KNEW THESE GUYS WERE WERE WORKING ON ONE WORKING ON THAT KIND OF USES A BOUTIQUE COULD IT COULD ISABELLA COULD BE THE RESTAURANT AND THE BAR FOR THE BOUTIQUE HOTEL. SO MORE OF A SELF-SERVE BOUTIQUE HOTEL WITH A SPA. AND SO THIS HAS GOT TO BE A 14 ROOMS WITH A HOTEL AND A SPA AND A HEATED INDOOR AND OUTDOOR POOLS AND A PUBLIC LOUNGE. AND PART OF IT IS A COFFEE BAGEL LIKE COFFEE AND BAGEL. SO THERE'S PLENTY. DON'T WANT TO START ANOTHER RESTAURANT HERE. LET LET THE OTHERS MATURE, YOU KNOW, LET THE OTHERS MATURE AND LET THIS ONE. AND COFFEE AND BAGEL. AND THEN THEN WE'LL LOOK AT THE FLOOR PLAN AND GO TO COMPLETELY REDO THE WHOLE, THE WHOLE BUILDING. AND THEIR REQUEST TO YOU IS 1.5 MILLION PLUS SOME OTHER ASSISTANCE WE'LL GET TO IN JUST A SECOND. SO Y'ALL ARE ALL FAMILIAR WITH THE BUILDING? I DON'T HAVE TO TELL YOU ABOUT THAT, BUT THIS IS A GENERALLY GENERAL IDEA OF THE FLOOR PLAN. ON THE BOTTOM RIGHT HAND CORNER, YOU CAN SEE THE THE INDOOR AND OUTDOOR POOL, AND THEY MAY TALK A LITTLE BIT MORE ABOUT IT. IT'LL HAVE 14 ROOMS. WE'LL CUT A ATRIUM OUT IN IN THE MIDDLE WHERE THERE'LL BE LIGHT IN THE MIDDLE. SO THOSE ROOMS IN THE MIDDLE WILL HAVE LIGHT IN THEM. SO THESE ARE HIGH END ROOMS. THESE ARE 300 300 AND SOMETHING DOLLARS A NIGHT PLUS HOTEL ROOMS. THIS IS NOT A YOU KNOW, IT'S NOT AN AFFORDABLE HOTEL. I MEAN, IT'S, YOU KNOW, IT'S A IT'S A HIGHER END HOTEL. HAVE MASSAGE COLD PLUNGE, VERY BOUTIQUE AND ALL THE THINGS THAT WE DO. AND SO THESE ARE SOME OF THE IMAGES THAT, THAT I'LL LET THEM TALK MORE ABOUT WHEN, WHEN THEY COME UP, BUT YOU'LL JUST SEE, YOU KNOW, THE BUILDING'S BEEN KIND OF PIECED TOGETHER AND ADDED ON OVER THE YEARS. SO IT'S NOT REALLY THAT HISTORIC SIGNIFICANT, YOU KNOW, IT'S NOT. SO THEY'RE BASICALLY TAKING IT AND CLEANING IT UP AND KEEPING THE TOWER THOUGH, KEEPING THE BELL TOWER. AND WE THOUGHT ABOUT THE NAME, THE JESPERSEN NAME, WHICH IS THE STREET, WHICH IS WEST JESPERSEN, WHICH IS THE GRANDFATHER. AND 
          [01:50:03]
THEN THEN DAN JESPERSEN, WHO WAS THE ONE WHO, WHO, WHO ENDED HIS THERE. AND HE TRIED TO SELL THE AND HE COULDN'T SELL IT. AND THEN MOSTLY WHAT WE'VE HAD COME AND WANT TO TRY TO BUY THIS HAS BEEN DOLLAR STORES AND CHINESE BUFFETS. IT'S MOSTLY WHAT WE'VE HAD. AND SO IT'S BEEN IT'S BEEN A ROUGH. BECAUSE DAN AND THEM WANT TO SELL THE BUILDING. THEY WANT TO SELL THE BUILDING. BUT THEY ALSO SAID, WE'VE BEEN IN DUNCANVILLE A LONG TIME AND WE WANT OUR NAME TO BE GOOD. AND THEY DIDN'T WANT THE NAME JESPERSEN ON HERE. THEY DIDN'T WANT THAT. THEY THEY THOUGHT, WELL, NAME IT BEN FRANKLIN. WELL, BEN FRANKLIN'S NOT REALLY THAT UNIQUE. 
          JESPERSEN IS UNIQUE. IT'S UNIQUE AND IT'S KIND OF AND IT KIND OF JUST FIT, YOU KNOW, IT'S LIKE THE JESPERSEN, YOU KNOW, IT'S KIND OF IT KIND OF FELT FELT RIGHT. SO THAT'S WHAT THAT'S WHAT WE DECIDED. THEY DECIDED ON THE JESPERSEN, THESE, THESE KIND OF BOUTIQUES ARE, ARE VERY THEY'RE IN LOTS OF DIFFERENT PLACES LIKE DOWNTOWN GRANBURY. IF YOU GO THERE OR IF YOU GO TO, YOU KNOW, LITTLE LIKE FREDERICKSBURG OR, YOU KNOW, YOU KNOW, THOSE TOWNS IN DOWN IN SOUTH TEXAS, YOU'LL SEE LOTS OF LITTLE BOUTIQUE HOTELS LIKE THIS. AND MORE AND MORE, IT'S MORE EXPERIENTIAL. IT'S NOT JUST A ROOM TONIGHT. IT'S AN EXPERIENTIAL THING. HAVING SOMETHING TO DO, SOMETHING TO SHOP, SOMETHING TO EAT, SOMETHING TO DO. SO THESE ARE JUST A COUPLE OF BRANDS. THIS ONE'S IN WACO. IT'S CALLED THE HOTEL 1928, AND THEY'RE ALL OVER THE PLACE. AND SO THESE ARE SOME OF THE THE HIGHLIGHTS HERE. AND I'LL LET AGAIN, I'LL LET THEM TALK ABOUT THAT IN A MINUTE. JUST TO GIVE YOU SOME OF THE THE INDOOR AND OUTDOOR POOL IMAGES HERE AND THESE ARE LAID OUT. THIS IS NOT JUST THIS IS NOT AI, JUST AI GENERATED OUT OF OUT OF NOTHING. THIS IS ACTUALLY THE FLOOR PLANS THAT YOU WILL SEE INSIDE THE BUILDING. AND SO THERE'S THERE IS THE FLOOR PLANS. SOME OF THIS GOES OUT TO THE BACK TO THE BACK STREET. ANOTHER THING WE THOUGHT ABOUT IN LIKE IN THE HOTEL WAS PARKING WISE OVER THERE, YOU KNOW, YOU GOT PEOPLE HERE AT NIGHT OR PEOPLE COME IN ONE CAR TO A HOTEL OR PEOPLE THAT DON'T COME IN HOTEL TO A CAR AT ALL. THEY TAKE AN UBER TO THE HOTEL. SO WE THINK IT'LL BE IT'LL BE A PLUS FOR FOR HOTEL. THERE'S NO EVENTS. THERE'S NOT AN EVENT CENTER OR ANYTHING IN IT, THINGS LIKE THAT. AND HERE'S THE ROOMS, VERY CONTEMPORARY. AND AS YOU CAN SEE, VERY WELL DONE. EVERYTHING THEY DO IS WELL DONE. THEY DID MY THEY'VE DONE A LOT OF WORK FOR ME OVER LAST FEW YEARS. SO THE BOUTIQUE HOTEL IS ABOUT $9,343 A SQUARE FOOT BUDGET. THE SPA HOUSE IS ABOUT 1,000,003, WHICH IS A $600 A SQUARE FOOT BUDGET, AND THE MASSAGE STUDIOS. 266 AND THE. THE LOBBY LOUNGE RECEPTIONS. THEN YOU'VE GOT COFFEE AND BAGEL BARS, ABOUT 500,000 IN PROJECT CONTINGENCY. SO YOU'VE GOT ABOUT 5.5 MILLION PLUS THE COST OF THE LAND. SO THIS THIS IS THE WAY IT LOOKS OVERALL WHEN YOU PUT THE COST OF THE LAND AND INTEREST CARRY AND SOFT COST AND ALL OF THOSE FACTORS INTO THE INTO THE TO THE FORMULA HERE. SO THEY'RE ASKING FOR 1.5 MILLION. AND THEN LET'S SEE THEN LET'S SEE WHAT WE GOT HERE. THE SENIOR, THE, THE, THE, THE LENDER ON THIS, THE SENIOR LENDER WILL ON THIS ONE. AND THIS COULD END UP HAVING A CDFI ALSO. BUT THE WAY WE'VE GOT IT PROPOSED RIGHT NOW IS WITH THE LENDER, THAT WILL TAKE ABOUT 68%, WHICH IS NORMAL, WHICH SHOULD BE THE NORMAL WAY WE WOULD DO A LOAN. YOU JUST GOT TO A SENIOR LEADER AND THEN THE GRANT, AND THEN THE EQUITY ON THE OWNERS OF $1 MILLION, AND THAT TOTALS UP YOUR 100%. THIS IS 12.6 FROM THE OWNERS ON THIS ONE HERE. SO LET'S SEE. I THINK THAT'S JUST ABOUT PRIVATE, YOU KNOW, FOR PRIVATE 81% FROM PUBLIC, YOU KNOW, 18% FROM YOU, 18.9% ON THIS ONE. AND LET'S SEE, THIS NEEDS TO BE, YOU KNOW, IT HAS TO THEY AGAIN, IT HAS TO BE PAID UP FRONT BECAUSE IT'S GOT TO GO INTO THE, TO THE, TO THE LOAN AS A DOWN PAYMENT. AND THEN ALSO THEY'RE ASKING FOR AN AMOUNT FOR OPERATING SUPPORT. 
          THEY'RE ASKING, YOU KNOW, FOR AN AMOUNT UP TO BREAK EVEN FOR THE FIRST 24 MONTHS. SO LET'S SAY THAT IT'S A 50% BREAK EVEN AND THEY COME IN AT 35%. THEY'RE ASKING YOU TO HELP FUND THAT, THAT, THAT GAP THERE, IN ADDITION TO THE 1.5 MILLION. AND SO THIS IS JUST SOME ROOM ROOM NIGHTS, 364, 365 TO $400 A NIGHT SPA TREATMENTS, DAY PASSES, KIND OF GIVES YOU AN IDEA OF THOSE, THOSE ITEMS THERE, IT'S MORE LOAN TALK HERE, DEBT SERVICE COVERAGE RATIO AND 
          [01:55:04]
AND DEBT SERVICE SERVICING THE DEBT AND THOSE KIND OF THINGS. AND HERE THIS IS THE, THIS IS THE NEGATIVE CASH FLOW THAT WE WERE TALKING ABOUT. SO SO THIS WOULD BE A NEGATIVE IN THIS CASE HERE WOULD BE A NEGATIVE CASH FLOW OF $54,000. THAT WOULD BE ONE OF THE YEARS. SO EACH EACH OF THOSE YEARS COULD COULD END UP BEING SOMETHING LIKE THAT. EACH OF THOSE YEARS. 
          AND THIS IS SOME TAX REVENUE THAT MARLON AND THEM HAVE PRESENTED HERE. THAT'S YOU GOT CITY PROPERTY TAX AND WHAT THIS THING WOULD GENERATE TOTAL STABILIZED ABOUT 152,000 YEARS AND JOBS AND PAYROLL AND PROPERTY TAX UPSIDE. YOU CAN SEE THAT THOSE FIGURES THAT YOU ALL WILL BE PUTTING INTO YOUR FORMULA. SO SO THAT'S, THAT'S BASICALLY THE, THE, A QUICK OVERVIEW AND WHY DON'T YOU GUYS COME ON UP AND I'D LIKE. GO AHEAD AND YOU CAN GO UP AND DOWN RIGHT HERE IF YOU WANT TO TALK ABOUT ANYTHING. OH AND THEN THERE IS LETTERS HERE TO. 
          HAVE MATT FROM US FROM ISABELLA HERE TONIGHT WHO ALSO. THANK YOU. GOOD EVENING EVERYBODY. 
          WE'RE SO GLAD TO BE HERE WITH YOU TONIGHT PRESENTING THIS PROJECT. I KNOW WE'RE ALL, OH, ALEXA MENDES. AND MY ADDRESS IS 460 WEST COLORADO BOULEVARD. YEAH, JOSH ALLEN, AND MY ADDRESS IS THE SAME ADDRESS, SO WE'RE ALL VERY FAMILIAR WITH THIS BUILDING, AND WE'RE EXCITED TO DISCUSS THIS WITH YOU TONIGHT. WE FEEL LIKE THIS COULD BE A BEAUTIFUL CATALYST FOR THE CITY, AND WE WANTED TO BE VERY THOUGHTFUL WITH THE DESIGN AND NOT JUST COME AND PUT SOMETHING NEW, BUT APPRECIATE THE NICE BONES THAT IT HAS AND KIND OF TAKE THOSE LINES AND CREATE A NEW, A NEW FACE, A LITTLE BIT OF A NEW FACE. WHEN WE SEE THE PROGRAM OF THIS BUILDING, WE DIDN'T WE WANTED TO INCORPORATE SOMETHING THAT ATTRACTS PEOPLE FROM OTHER PLACES, BUT SOMETHING THAT THE COMMUNITY CAN USE AS WELL, LIKE OUR HOPE IS THAT WHEN YOU HAVE YOUR FRIENDS AND FAMILY OVER, YOU'D BE PROUD TO BRING THEM TO THE JASPER SUN AND YOU COULD SAY, MEET ME AT THE JESPERSEN. AND THEN WE ALSO WANT TO HAVE LIKE A SMALLER USES THAT COMPLEMENT IT, LIKE BAGEL SHOP, COFFEE SHOP WHERE PEOPLE CAN COME BY AND WE HOPE TO FURNISH IT BEAUTIFULLY SO PEOPLE CAN JUST COME HANG OUT. THAT'S THE GOAL. WE WANT TO SEE LOCALS, WE WANT TO SEE VISITORS, AND WE WANT TO HELP ACTIVATE THAT AREA. WITH HAVING ISABELLA RIGHT ACROSS AND NEW PIZZA PLACES COMING. IT'S JUST LIKE A REALLY EXCITING TIME TO PUSH THIS. SO OUR GOAL IS TO PARTNER WITH LOCAL PEOPLE TO CREATE ALL OF THESE USES. AND THEN OBVIOUSLY WE HAVE THE SPA PORTION, WHICH IS HOPEFULLY A PLACE WHERE PEOPLE CAN COME AND RELAX AND GET MASSAGES AND NOT HAVE TO GO TO, TO DALLAS OR TO OTHER PLACES, BUT BE ABLE TO DO THAT LOCALLY. AND THE COLD PLUNGE AND SAUNA IS KIND OF A NICE THING THAT'S HAPPENING NOW. AND I FEEL LIKE AS AI AND TECHNOLOGY DEVELOPS MORE, WE'LL NEED MORE HEALING SPACES. SO THAT'S A LITTLE BIT OF THE PROGRAM, RIGHT? YOU KNOW, SOMETHING INTERESTING ABOUT THIS PROJECT TOO, ALEXA AND I LOOK FOR PLACES LIKE THIS, PLACES THAT HAVE THESE TYPE OF AMENITIES AND LIKE A REALLY NICE SPA MIXED WITH, HOLD ON JUST A MINUTE, TALK, TALK INTO THE MIC. OH, OKAY. IS THAT BETTER? BUY AGAIN? IS THAT BETTER? YEAH, A LITTLE BETTER. 
          OKAY. YEAH. ALEXA AND I OFTEN LOOK FOR PLACES LIKE THIS, PLACES THAT HAVE REALLY NICE SPAS, YOU KNOW, MIXED WITH A HOTEL. AND IF WE, IF WE LOOK FOR SOMETHING LIKE THIS, WE HAVE TO TRAVEL PRETTY FAR TO FIND IT. SO HAVING A LOCATION LIKE THIS WOULD I THINK IT WOULD BE INCREDIBLE. AND IT WOULD ATTRACT A LOT OF PEOPLE, EVEN EVEN FROM A, YOU KNOW, AROUND DALLAS OR EVEN LOCALLY. SO WE, WE SEE IT AS A PLACE THAT WOULD BE NOT NOT ONLY A PLACE FOR THE CITIZENS OF DUNCANVILLE, BUT ALSO A PLACE FOR TO IT WOULD ATTRACT A LOT OF TOURISTS AS WELL. AND AS, AS WE WERE DESIGNING THE BUILDING, WE REALLY WANTED TO KEEP KEEP HOLD OF THIS ICONIC CLOCK TOWER AND, YOU KNOW, ENHANCE IT WITH THE ARCHITECTURE. AND SOMETHING ELSE THAT WAS BEAUTIFUL ABOUT THE BUILDING IS THIS COLONNADE WHERE THE THE COLUMNS ARE. IT CREATES A REALLY NICE ENVIRONMENT FOR PEOPLE TO GATHER. AND BY CREATING A COFFEE SHOP THERE, IT REALLY ACTIVATES THE THE STREET. MAYBE I'LL SHARE A LITTLE BIT MORE ABOUT OUR EXPERIENCE WITH THIS. SO WE, WE LIVE, WE USED TO ALWAYS BE LIKE, LET'S GO TO AUSTIN. WE NEED THAT LITTLE GETAWAY. WE NEED TO GET TREATED. SO WHAT WE DECIDED TO DO IS START AIRBNB BACK HOME. AND WE CREATED THESE BEAUTIFUL SPACES THAT PEOPLE STARTED COMING TO 
          [02:00:05]
VISIT LOCALS. WHAT WE, WHAT WE THOUGHT WE WERE GOING TO GET IS A LOT OF PEOPLE COMING FROM, FROM OTHER PLACES, BUT WE DID GET THAT. BUT WE ALSO GOT LOCAL PEOPLE WHO JUST NEEDED SOME TIME OFF AND THEY NEEDED TO RESET. WE GET A LOT OF MOMS THAT ARE LIKE, I JUST NEED A NIGHT OFF TONIGHT. I JUST NEED THIS. SO WE LOVED THAT. AND THAT'S KIND OF WHAT INSPIRED US TO CREATE SOMETHING LIKE THIS ON A LITTLE BIT OF A DEEPER SCALE WHERE WE CAN INCORPORATE THOSE COMMERCIAL USES AS WELL AND HAVE THIS, THIS, THIS INTERESTING COMBINATION OF LOCALS AND VISITORS. OKAY. ARE YOU READY FOR QUESTIONS? YEAH. WE'RE READY. ALL RIGHT. ANYBODY HAVE ANY WANT TO LEAD OUT WITH QUESTIONS? QUESTIONS. WE'D LIKE FOR YOU TO LEAVE. STILL TRYING TO GET THEM TOGETHER HERE. YOU WANT TO START ON THE OTHER END OR WITH YOURSELF. OH NO NO NO NO NO NO NO, I DON'T WANT TO START. I WANT TO I THINK AT THE END. NO, I THINK I HAVE A REAL EASY QUESTION FOR YOU. THE FIRST IS JUST FROM OPERATIONAL STANDPOINT THE SPA. IS THAT JUST FOR HOTEL GUESTS OR IS THAT OPEN AS WELL? IS THAT FROM YOUR OPERATIONAL MODEL? YES. WE WANT TO HAVE A GUEST PASSES, BUT ALSO DAY PASSES FOR LOCALS. WE PLAN TO HAVE TWO RATES, LIKE A WEEKLY RATE AND A WEEKEND RATE. THANK YOU. SO SOMETHING SIMILAR TO WHAT MISS ABNEY SAID BEFORE, I THINK IT I'M REALLY EXCITED ABOUT A A VERY INTERESTING PLACE, A AN EXPERIENCE THAT'S EXCITING. WHEN WE'RE ASKED TO CONTRIBUTE MONEY, WE KIND OF GET A LITTLE BIT OF WHERE WE WANT TO SEE A LITTLE BIT MORE, MAYBE SOME ASSURANCE IN THE SENSE THAT, OKAY, SO I HEAR CLEARLY THAT YOU HAVE DONE THIS BEFORE. SO THIS IS NOT NEW FOR YOU AND YOU'VE GOT EXPERIENCE DOING THESE, BUT IS THERE ANYTHING ABOUT A MARKET ASSESSMENT OR ANYTHING THAT LEADS YOU TO FEEL COMFORTABLE THAT THAT THERE IS A NEED OR WHATEVER IS ANYTHING FROM THAT WOULD LEAD YOU TO BELIEVE THAT YOU WILL GET OCCUPANCY RATES WHERE YOU'RE TALKING ABOUT, OR USAGE RATES. 1928 IN WACO THAT PEOPLE JUST GO TO STAY THERE OR IN OKLAHOMA CITY CALLED BRADFORD, WHERE BASICALLY THIS IS LIKE THE ONLY THING LIKE THAT AND SIMILAR TYPES OF HOTELS THAT ARE IN PLACES THAT PEOPLE GO. OH, THAT'S WHAT, WHAT IS. 
          I WOULD I WOULD SAY THIS ON IF WE WERE GOING TO PUT 100 OF THESE ROOMS HERE, YOU KNOW. NO, YOU KNOW, I MEAN, YOU KNOW, CAN WE GET 14 YOU KNOW, CAN WE GET 14? YOU KNOW, IT'S THAT THAT UNIQUENESS, THAT BOUTIQUE NESS OF IT. I MEAN, SURELY THERE'S ENOUGH EXECUTIVES EVEN AT THE HILTON GARDEN RIGHT NOW. YOU KNOW, YOU'RE $200 A NIGHT IN THE HAMPTON INN BECAUSE I PUT PEOPLE UP HERE ALL THE TIME THAT TRAVEL IN THAT ARE PART OF MY BUSINESS. AND, YOU KNOW, THEY'RE, YOU KNOW, THEY'RE UP AT THAT HEIGHT ALREADY. AND THEY, YOU KNOW, WHERE THERE'S, YOU KNOW, THEY GO STAY. I GOT A GROUP COMING IN NEXT WEEK. 
          THEY'RE NOT GOING TO STAY HERE IN DUNCANVILLE. THEY'RE STAYING IN BISHOP ARTS. THEY'RE STAYING IN LIKE AIR, YOU KNOW, AIRBNBS. AND THERE'S SEVERAL UP THERE THAT ARE LIKE TEN ROOM HOTELS. 
          IF YOU KNOW WHERE GLORIA'S AT. GLORIA'S JUST TWO DOORS UP. IT'S A REAL TALL BUILDING THERE. 
          THEY CALL IT THE BISHOP HOTEL. AND THERE'S ANOTHER ONE CALLED THE MADISON. AND THIS IS THE KIND OF RATES THAT THEY'RE THEY'RE GETTING UP THERE IN THOSE PLACES AND THEY'RE LIKE TEN ROOMS, EIGHT ROOMS, YOU KNOW, THOSE KINDS. AND IT'S, YOU KNOW, WE'RE, WE'RE PUSHING THE BOTTOM UP. IF WE, IF WE WERE COMING IN SAYING EVEN 50 ROOMS OR SOMETHING, I WOULD JUST SAY THAT'S, THAT'S PROBABLY TOO MUCH RIGHT NOW. AND BEING SELF SERVED THESE DAYS TOO, WITH YOU DON'T HAVE TO HAVE SOMEBODY AT A FRONT DESK ANYMORE, YOU KNOW, WITH THE TECHNOLOGY, IN FACT, A LOT OF THE REALLY HIGHER END HOTELS AND I DO A LOT OF TRAVELING ARE NOW THEY'RE NEARLY SELF SERVE, YOU KNOW, JUST COME IN WITH YOUR PHONE AND, YOU KNOW, YOU'RE GOING TO THE ROOM. THANK YOU AGAIN FOR THE PRESENTATION AND THE, ALL THE ARTISTIC 
          [02:05:07]
REPRESENTATION. I THINK IT WOULD DEFINITELY BEAUTIFY AT SOME, SOME DEPTH AND BREADTH TO THAT AREA FOR SURE. AND SO I SAME QUESTIONS REALLY OF JUST ABOUT INVESTMENT AND, BUT THE ADDITIONAL PIECE FOR ME THAT I HAD A QUESTION ABOUT IS THE, I GUESS IT'S THE, IS IT THE BREAK EVEN? LIKE, HOW MUCH ARE WE PAYING YOU NOW? WHAT IS THAT? IS THERE A IS THERE A I'M NOT FAMILIAR WITH THAT PROCESS OF BREAK EVEN. SO, IF YOU'RE NOT MAKING A CERTAIN NUMBER, WE'RE THE CITY OR THE DC. DC WOULD BE PAYING SOMETHING. YES. THE REQUEST IS BREAK EIGHT. YEAH. 
          THERE IT IS. IS IT. YEAH. THE REQUEST IS THAT THERE WOULD BE A A BENCHMARK SET. IT WOULD BE, YOU KNOW, LIKE IF WE DON'T REACH THIS BENCHMARK, YOU WOULD HELP US, YOU KNOW, WOULD HELP THEM GET TO THAT, TO THE BREAK EVEN WHERE THEY CAN JUST, YOU KNOW, THEY CAN PAY THE BILLS. 
          AND THAT'S, THAT'S THE WORST CASE WE THINK WOULD BE, YOU KNOW, I MEAN, WE THINK WOULD BE SOMETHING AROUND $55,000 A YEAR OR SOMETHING LIKE THAT. YEAH. BUT IF IT FLOPPED, I MEAN, WE'RE, YOU KNOW, WE'RE ASKING THAT'S WHY WE'RE, YOU KNOW, AGAIN, WE DON'T KNOW. AGAIN, WE'RE WE'RE, WE'D BE TAKING A CHANCE. SO THAT THAT'S A QUESTION THAT I HAVE IS JUST KIND OF WHAT THAT LOOKS LIKE. WHAT WOULD BE OUR COMMITMENT WITH THAT? IN ADDITION TO THE OTHER MILLION IS THIS MILLION OR MILLION FIVE, RIGHT? SO MILLION OR MILLION FIVE? AND THEN ALSO JUST LOOKING AT THE THE BUDGET AND LIKE THE UTILITY COSTS, IS THAT BASED OFF OF SOMETHING THAT ARE THOSE BASED OFF REAL NUMBERS? AND THEN LIKE THE PAYROLL COSTS, I FELT LIKE WAS LIKE, I THINK I PAID THAT AND I DON'T HAVE THAT MANY EMPLOYEES. SO I JUST THINK SOME OF THE COST AND BUDGET REPRESENTATION, I'M NOT SURE HOW TRUE THOSE WERE. THOSE BASED OFF NUMBERS THAT YOU'VE SEEN WITH OTHER HOTELS AT THIS SIZE, KIND OF LIKE A MIX, A LITTLE BIT OF RESEARCH AND SOME OF IT IS OUR EXPERIENCE, BUT THESE HOTELS WILL WILL HAVE STAFF, BUT THEY'LL ALSO BE KIND OF LIKE SELF CHECK IN. SO WE'RE PLANNING ON EXPLORING BOTH. BUT WE DID REVISE A LOT OF THOSE NUMBERS. OH, OKAY. YEAH. WE REVISED OUR SOFT COSTS AND OUR TAXES AND UTILITIES. SO. OH, OKAY. OKAY. YEAH. SO I THINK OUR VERSIONS HAD BECAUSE ARE THERE OURS. DOES OURS HAVE 14 ROOMS. I DON'T KNOW, THERE'S ACTUALLY 13. YEAH. I WAS, I'LL COUNT IT LIKE A BUNCH OF TIMES. SO I WAS LIKE, IS IT 14 OR 13? AND THEN ALSO LIKE SOME OF IT'S BASED OFF OF 75% OCCUPANCY. SO LIKE, AT WHAT POINT ARE YOU SUPPOSED TO BE AT THAT? IS THAT AT THE BEGINNING? BECAUSE IF NOT, THEN IT SOUNDS LIKE AT THE BEGINNING YOU'RE NEEDING SOMETHING. THAT'S RIGHT. THAT'S RIGHT. FOR THE FIRST TWO YEARS. OKAY. IN THE HOTEL BUSINESS, 75% IS A LOT. OH, I KNOW, IT'S A LOT. YEAH. SO I AGREE, YOU KNOW, PROBABLY 50 OR SO PERCENT, 55%, YOU'D BE AT SOME KIND OF BREAK EVEN 50 OR SO. THAT'S THE BREAK EVEN, RIGHT? SO YEAH, SO SOME OF THE NUMBERS I THINK THAT WE RECEIVED MAY HAVE BEEN UPDATED. HEY, ANY OTHER QUESTIONS BEFORE WE OPEN THIS PUBLIC HEARING? I DON'T WANT TO LEAVE ANYBODY OUT. OKAY. WE OPEN THE PUBLIC HEARING. JUST FINAL SUMMARY FROM STAFF. SOME OF THE THINGS WE TALKED ABOUT. 
          AGAIN, THIS LAST ONE, WE WANTED TO GO AHEAD AND ADVANCE THIS ITEM, BUT ALSO UNDERSTANDING SIMILAR TO THE OTHER PROJECT AND THE PUBLIC HEARING, THERE ARE SOME CONTINGENCIES CLEARLY RELATED TO THIS, STARTING WITH, AGAIN, THE ZONING ORDINANCE, RIGHT? AS IT WOULD BE THE DOWNTOWN DISTRICT AND THE ZONING ORDINANCE FOR THE CITY OF DUNCANVILLE DOES NOT HAVE A HOTEL USE AS A PERMITTED ACTIVITY BY. RIGHT. OKAY. SO NOW THIS MEANS THERE'S THIS APPLICANT, THIS POTENTIAL BUYER. WE WOULDN'T RECOMMEND YOU CLOSING ON THE TRANSACTION UNTIL OR UNLESS YOU GOT A SUCCESSFUL CHANGE ZONING OR IF THERE'S SOME OTHER CITY LED INITIATIVE TO MAYBE UPDATE ITS PERMITTED LAND USES CHART TO ALLOW FOR SUCH A USE. SO THAT'S ONE THING. THE OTHER THING WE TALKED ABOUT AGAIN, IS SOME OF THE FINANCING, THE CAPITAL STACK, THE PARTICIPATION RATIOS, TRADITIONAL HOTEL, RIGHT. THOSE OPERATORS, THEY'LL DO WHAT'S CALLED A REV PA STUDY, RIGHT? SO YOU CAN HAVE SOME OBJECTIVE THIRD PARTY ASSESSMENT OF THE 
          [02:10:03]
FEASIBILITY OF THE PROJECT. RIGHT. THIS CONCEPT IS UNIQUE. IT'S KIND OF LIKE A SUBSEGMENT, RIGHT, OF THE HOSPITALITY BECAUSE IT'S NOT JUST THAT IT'S WELL, IT'S, IT'S, YOU KNOW, ROOM NIGHTS, IT'S, YOU KNOW, DAY SPA. AND SO REALLY JUST, AGAIN, WORKING WITH THE APPLICANTS TO KIND OF ANTICIPATE SOME OF THE QUESTIONS THAT WE KNOW, THIS GOVERNING BODY, BOTH THE DC, DC AND THE CITY COUNCIL IS GOING TO THE GENERAL PUBLIC IS GOING TO WANT TO UNDERSTAND. AND SO, AGAIN, WANTED TO GET THIS FEEDBACK, HAVE THEM GO AHEAD AND COME FORWARD, PRESENT THE ASK, YOU KNOW, AS IT IS. AND BUT WITH THE UNDERSTANDING THAT THERE ARE A BUNCH OF STILL CONTINGENCIES THAT WOULD ALLOW FOR THIS USE TO COME FORWARD. 
          SO WITH THAT, JUST WANTED TO MAKE THAT THAT FINAL SUMMARY ON BEHALF OF THE STAFF. SO WE'LL OPEN THE PUBLIC HEARING AT EIGHT 11 P.M. AND WE WOULD LIKE TO INVITE YOU, IF YOU WOULD LIKE TO SPEAK IN FAVOR OF THIS PROJECT, TO COME UP TO THE PODIUM, STATE YOUR NAME AND ADDRESS FOR THE RECORD, AND YOU WILL HAVE TWO MINUTES TO MAKE YOUR CASE. THANK YOU. GOOD EVENING EVERYBODY. MATT BORK 220 NORTH MAIN, DUNCANVILLE. PROUD OWNER OF ISABELLA THAT WE'RE ON WEEK TWO NOW. I'M HERE IN FAVOR OF THIS PROJECT WITH JOSH AND ALEXA. HAVING HELPED BUILD OUR RESTAURANT AND WORKING WITH THEM TO GET IT OPEN, I TRUST THEIR COMMITMENT TO THE PROJECT AS THEY DELIVERED ON WHAT THEY PROMISED US. THIS IS ALSO, YOU KNOW, WORKING WITH MONTE AT THE BELMONT HOTEL IN OAK CLIFF AND DALLAS AND HAVING SMOKE RESTAURANT ON SITE THAT I WORKED AT. YOU KNOW, I BELIEVE THAT IT'S A BENEFIT TO HAVE US NEXT DOOR TO THIS PROPOSED PROJECT AND TO HAVE SOMETHING LIKE THAT NEXT DOOR TO US WOULD ONLY BRING VALUE TO THE NEIGHBORHOOD, THE AREA. AND SO I AM HERE FOR IT, AND THEY HAVE MY FULL SUPPORT. THANK YOU. YOU'RE WELCOME. AND ANYONE ELSE? OKAY, NOW, IF THERE'S SOMEONE IN THE PUBLIC WHO WOULD LIKE TO SPEAK AGAINST OR NOT IN FAVOR, THEN WE INVITE YOU TO COME TO THE PODIUM AND STATE YOUR NAME AND ADDRESS FOR THE RECORD, AND YOU WILL ALSO BE GIVEN TWO MINUTES TO MAKE YOUR CASE, STARTING NOW. I DON'T SEE ANY TAKERS. WE WILL CLOSE THE PUBLIC HEARING AT 8:13 P.M. OKAY, SO, MR. MARLIN, IF I UNDERSTOOD WHAT YOU JUST SAID CORRECTLY, YOU YOU WOULD LIKE A CONSENSUS FROM THE BOARD TO CONTINUE TO ADVANCE THIS PROJECT FORWARD. SO OBVIOUSLY NOT FORMALLY, BUT I THINK TO MAYBE FOR CONSIDERATION, I'D BE OPEN TO MAYBE A, YOU KNOW, SUBCOMMITTEE OF THIS BOARD IF YOU WANT TO, YOU KNOW, TAKE A DEEPER DIVE WITH US IF YOU HAVE SOME TIME, YOU KNOW, AS WE AGAIN, CONTINUE TO WORK TOWARDS, YOU KNOW, POLISHING THE FRAMEWORK OF AT LEAST WHAT'S CURRENTLY BEING ASKED, TAKING IN THAT FEEDBACK THAT WE RECEIVED TONIGHT. AND AGAIN, WORKING TOWARDS AND THROUGH SOME OF THE CONTINGENCIES THAT ARE OBVIOUSLY ALREADY A PART OF THE PROPOSAL. DEFINITELY WELCOME AND BE OPEN TO THAT. BUT BUT CERTAINLY I THINK I THINK THE FEEDBACK WILL BE HELPFUL. SO IF THERE'S SPECIFIC ITEM, I THINK I'VE HEARD SOME OF THEM. BUT FOR THE RECORD, IF YOU GUYS WANT TO GIVE US ANY ADDITIONAL FEEDBACK OR QUESTIONS, CERTAINLY THAT'S ONLY GOING TO HELP AS FAR AS US DIRECTED. YEAH. SO LET ME KIND OF CLARIFY MY POINT. I, I REALIZE THAT THIS IS NOT A FORMAL ACTION. CAN YOU SPEAK UP CHAIR? PARDON ME. I'M CAN YOU SPEAK UP A LITTLE BIT. SPEAK INTO THE MIC. OH, OKAY. WHAT YOU'RE ASKING US TO DO. THANK YOU. OKAY. WANT TO APOLOGIZE? BECAUSE I DID NOT MEAN TO INSINUATE INSINUATE THAT WE WOULD NEED TO TAKE FORMAL ACTION ON THIS PART, BECAUSE CLEARLY THE AGENDA DOESN'T SAY THAT, BUT JUST MAYBE KIND OF A A SMILE TO INDICATE THAT WE WOULD LIKE FOR THIS PROJECT TO 
          [02:15:13]
MOVE FURTHER ALONG. AND AS I DON'T KNOW ABOUT A SUBCOMMITTEE, I WOULD THINK IF YOU JUST TAKE TIME TO REVIEW THE MATERIAL AND IF YOU HAVE ANY QUESTIONS, GIVE STAFF A CALL AND I'M SURE BETWEEN THEM AND THE APPLICANT, THEY'LL BE HAPPY TO GO AND ANSWER WHATEVER QUESTIONS THAT YOU ALL MAY HAVE. SO. THAT'S WHAT I WAS. THAT'S WHAT I WAS TRYING TO SAY. YEAH. PRESIDENT HARVEY, I DON'T KNOW THAT YOU COULD FORMALLY APPOINT A BOARD BECAUSE YOU DON'T HAVE AN AGENDA ITEM TO DO THAT AT THIS POINT. THANK THANK THANK YOU. ATTORNEY. THANK YOU ONCE AGAIN FOR THE GUARDRAILS. OKAY. ALL RIGHT. SO I THINK WE'RE GOOD. THANK YOU GUYS FOR COMING. 
          WE'LL BE IN TOUCH. HOW'S THAT? I KNOW THERE'S SOME UPDATED MATERIALS IN THE SLIDES, SO WE'LL SEND OUT A COPY OF THIS ENTIRE PRESENTATION TO YOU GUYS WILL HAVE TO COMPARE WITH THE PRINTED MATERIALS, THOSE ITEMS THAT ARE IN THE AGENDA PACKET. AND THAT ALSO TWO GOES FOR ANYBODY WATCHING OR LISTENING. SEND US AN EMAIL. WE'LL GET YOU A COPY OF IT. YOU SAVE YOUR TIME, OPEN RECORDS REQUESTS. WE'LL GET IT TO YOU. OKAY, SO THANK YOU BECAUSE SHE DID SAY THEIRS WAS UPDATED, SO THAT'D BE PERFECT. THANK YOU. ALL RIGHT. SO I'M LOOKING AT THE AGENDA AND IT EITHER SAYS NO ITEMS OR NO EXECUTIVE SESSION OR WHATEVER. SO I COULD READ THROUGH ALL OF THAT. BUT HOW ABOUT LET'S JUST CUT TO THE CHASE AND WE'LL ADJOURN THIS MEETING. I NEED A MOTION AND A SECOND. SO MOVED. SECOND, EVERYBODY, THIS THIS MEETING IS ADJOURNED. THANK YOU VERY MUCH. COWBOYS ARE PROBABLY STILL IN THE FIRST QUARTER. THANK YOU. I GUESS YOU HAVE OH TIME OF YEAR THAT WE
* This transcript was compiled from uncorrected Closed Captioning.