May 16, 2022 Regular City Council

ITEM NUMBER TWO, PRESENTS TO ALGORITHM, COUNCIL MEMBERS, ALL WALDEN AND MODERN WILSON.

[2. Presentation to Outgoing Council Members Paul Walden and Marlin Willesen.]

PAUSE SEVERAL WITH ME FOR FIVE YEARS.

SO THAT FIVE YEARS, PROBABLY BETTER THAN ONE YEAR EVEN THOUGH SOMETIMES I FEEL THINGS WE DISAGREE, BUT WE'RE STILL TREATED LIKE A BROTHERHOOD FOR ME.

RIGHT.

SO WE'RE STILL GOOD FRIENDS.

I STILL HAVE A LOT OF PASSION ON YOU BECAUSE I DO OPERATE STRAIGHTFORWARD PERSON.

SO IT GETS DONE AS A TEAM.

SO I'M SO PROUD OF YOU AS FAR AS WE SERVE TOGETHER FOR HOW MANY YEARS.

SO FOUR YEARS, I'M LUCKY, YOU KNOW, SO, YOU KNOW, UM, MARLIN ALWAYS NOTICED SOMETHING WHEN NORMALLY DOC SAYS HE WENT INTO THE CLUB EVERY DAY, WHETHER HE EXERCISED LEATHER CLUB.

SO I HAVE GIVE, I HAVE TO GIVE YOU A LOT OF CREDIT.

NOT HE CAME IN TO SEE ME YESTERDAY.

SO, UM, YOU KNOW, EVEN THOUGH SOMETIMES WE DISAGREE PUBLIC MORE, BUT I STILL LIKED YOU AS A LOOPHOLE, YOU KNOW, GROW UP A LITTLE BIT,

[00:05:01]

ALRIGHT.

UM, I'M GOING TO, UH, BEFORE I PRESENTED THIS TO YOU, I REALLY WANT YOU TO SEE WHAT TWO WORDS FIRST.

YES, SIR.

I'D LOVE TO, UM, IT, THESE LAST FOUR YEARS HAVE BEEN AN HONOR TO SERVE OUR TOWN AND I VIEW THIS AS THE MOST IMPORTANT WORK OF MY LIFE.

UM, I THINK ABOUT THE TIME I SPENT WORKING IN MY SMALL BUSINESS AND WORKING REAL HARD, I'M PROUD OF THAT WORK, BUT IT WAS JUST FOR ME.

UM, BUT WHEN WE DO WHAT WE DO UP HERE AND WE DO IT FOR THE COMMUNITY AND WE CAN MAKE DIFFERENCES IN THE COMMUNITY, THAT TO ME IS MUCH, MUCH MORE IMPORTANT THAN, THAN, THAN THE INDIVIDUAL WORK THAT I'VE DONE.

UM, THE OTHER THING I WANTED TO SHARE IS MY, THE INVOLVEMENT I'VE HAD WITH CITY COUNCIL REALLY CAME BACK IN 2017.

AND AS THE MAYOR MENTIONED, I'D LIKE TO GO TO THE EDISON ATHLETIC CLUB AND WORK OUT A LOT.

AND, UH, I WAS IN, IN THE ATHLETIC CLUB BACK IN 2017.

THE LAST DAY YOU COULD FILE.

I WAS WALKING OUT AND A LONGTIME ADDISON RESIDENT, UH, JOHN HENDERSON, WHO UNFORTUNATELY IS NO LONGER WITH US, UM, STOPPED ME ON THE WAY OUT.

AND, UH, HE SAID, MARLON, ARE YOU GONNA, ARE YOU GONNA RUN FOR CITY COUNCIL? AND I I'D GOTTEN THAT QUESTION BEFORE, AND I'D ALWAYS ANSWERED IT THE SAME WAY I'M GOING TO RUN NEXT YEAR.

I'M GOING TO RUN NEXT YEAR.

BUT JOHN, JOHN POLITELY SAID, MARLON, I THINK YOUR WINDOW OF OPPORTUNITY IS PASSING.

AND I THINK NOW IS THE TIME FOR YOU TO RUN.

SO LITERALLY I WALKED OUT OF THE ATHLETIC CLUB AT NOON.

ON THE LAST DAY, YOU COULD FILE PICK UP THE PHONE AND CALLED THE, THE, UH, THE BEST PERSON I KNEW, WHICH IS, UH, MY CAMPAIGN TREASURER.

UH, LIEZEL MAYERSON AND KYLIE ASKED HER IF SHE WOULD, SHE WOULD BE SUPPORT ME.

IT'D BE MY CAMPAIGN TREASURER AND, AND LITERALLY, UM, SCRAMBLED TO GET TO TOWN HALL, UH, AND GET, GET PAPERWORK REQUIRED TO FILE.

SO I DID THAT AND LITERALLY GOT THERE WITH 30 MINUTES LEFT TO GO ON THE CLOTH AND, AND FILED IN THAT AND NO CAMPAIGN PUT TOGETHER AT THAT POINT.

SO I STARTED LATE AND, UH, THIS WAS ONE OF THE MOST CONTESTED ELECTIONS IN 2017 IN ADDISON HISTORY.

WE HAD SOME BIG TIME CANDIDATES THAT RAN AND, AND MANY ARE STILL STILL WITH US HERE TODAY, SERVING.

UM, BUT, BUT I THINK BACK ON, ON WHAT JOHN HENDERSON SAID, AND I THINK HE WAS RIGHT, I THINK I, I NEEDED TO RUN.

I NEEDED TO GET, GET READY.

I NEEDED TO, UH, LEARN WHAT A CAMPAIGN REALLY LOOKS LIKE.

I NEEDED TO FAIL, GET KNOCKED DOWN, GET BACK UP.

AND, UM, AND SO I THINK HE WAS RIGHT AND I'M GLAD I I'M GLAD I DID IT THE WAY I DID IT AND GLAD IT ALL, ALL WORKED OUT.

UM, ANOTHER THING I WANT TO SHARE WITH YOU IS I THINK IT'S REALLY IMPORTANT TO BRING UP THAT, UH, WE HAVE OVER THE LAST FOUR YEARS, WE ALL HAVE BEEN THROUGH A HECK OF A LOT.

UM, WE'VE HAD THE COVID 19 PANDEMIC HIT.

WE HAD A, UH, HORRIBLY DIFFICULT, UH, CRASH IT OR ADDISON AIRPORT.

UM, WE'VE HAD TO DEAL WITH, UH, UH, UH, PROTEST THAT CAUSED US TO FIRE OUR BOOMTOWN FIREWORKS IN ANOTHER CITY AND CELEBRATE IT VIA VIDEO.

UM, WE'VE HAD SENATE BILL TWO, UM, THE TEXAS PROPERTY TAX REFORM, TRANSPARENCY, A PACK.

AND THAT, THAT PUT A VERY DIFFICULT SITUATION FOR US.

AND WE HAD TO RAISE TAXES TO STAY CONSERVATIVE AND NOT PUT US IN A, IN A BAD POSITION.

AND WE ALL KNOW ABOUT, UM, THE WINTER STORM URI.

UM, IF ALL OF THAT WEREN'T ENOUGH, WE GOT, UH, URI AND, UM, I THINK IT'S REALLY IMPORTANT TO NOTE THAT, UM, IT'S, IT'S HOW WE, HOW WE DEAL WITH OUR ADVERSITY THAT MAKES US WHO WE ARE.

AND, UM, I'M REALLY PROUD OF THE DELIBERATIONS AND THE DECISIONS THAT WE HAD IN THIS, IN THIS COUNCIL CHAMBER.

SOME OF THEM WERE AN EXECUTIVE SESSION TALKING ABOUT SOME INCREDIBLY DIFFICULT THINGS, AND I'M REALLY PROUD OF, OF WHAT WE DECIDED AND WHERE WE LANDED.

UM, I THINK WE DID RIGHT.

AND, UM, UNDER, UNDER INCREDIBLY DIFFICULT SCENARIOS THAT SOME OF WHICH STILL EXIST.

RIGHT.

UM, SO I WANTED TO SHARE THAT THOUGHT WITH YOU, UM, AND HOW IT WORKS.

[00:10:01]

UM, I'M ALSO, I WANT TO, YOU KNOW, OVER THE LAST, UH, WEEK, I'VE GONE BACK AND REFLECTED ON SOME OF THE THINGS WE'VE DONE.

WE, WE, WE GO THROUGH SO MUCH, WE GO, SO, SO HARD GOES SO FAST.

WE'RE ALWAYS LOOKING FORWARD, NEVER REALLY GAVE MYSELF TIME TO LOOK BACK.

SO I LOOK BACK ON SOME THINGS THAT WE ACHIEVED AND I'M REALLY, UM, IT WAS A NEAT PROCESS AND IT GAVE ME AN OPPORTUNITY TO SEE SOME THINGS THAT QUITE SIMPLY JUST FORGOT FOR A LITTLE BIT OF TIME, BUT WE HIRED A GREAT CITY ATTORNEY.

WHAT W WYATT, WE, YOU KNOW, WE DID GREAT WITH YOUR HIRE WIT AND WE'RE SO HAPPY YOU'RE HERE WITH US.

AND, UM, REALLY OBVIOUSLY HAPPY WITH THAT SITUATION.

WE, UH, WE DID A CHARTER REVIEW.

THIS IS, THIS IS THE COUNCIL.

THIS IS, UH, VOLUNTEERS WHO SERVED ON COMMITTEE.

WE HAD, WE COMPLETED SEVEN MASTER PLANS.

UM, AND WE'VE GOT TWO THAT ARE IN THE WORKS, AND MAYBE WE WOULD'VE FINISHED THOSE IF IT WEREN'T FOR, COVID KINDA SETTING US BACK A LITTLE BIT.

SO WE'VE, WE'VE ACCOMPLISHED SOME GREAT THINGS.

UM, THE OTHER THING I WANNA, I WANT TO BE SHARING MY THANKS ABOUT IS I FEEL INCREDIBLY FORTUNATE.

UM, MY TIMING, I THINK WAS VERY, VERY GOOD WITH THE COUNCILS THAT I'VE SERVED ON.

AND, UM, I'VE LEARNED SO MUCH, ESPECIALLY WHEN YOU THINK ABOUT WHO I'VE LEARNED FROM AND THE TENURE, UM, ON OUR COUNCIL, UH, MAYOR CHOW, AS MOST OF US KNOW, HAVE BEEN MAYOR FOR 11 YEARS.

AND HE WAS A COUNCIL MEMBER FOR THREE YEARS BEFORE THAT PAUL WALDEN, UM, SERVED SIX YEARS ON, UH, CITY OF FARMERS, BRANCH CITY COUNCIL.

AND NOW HE'S JUST COMPLETING SIX WITH ADDISON, TOM BROWN WILL COMPLETE 12 YEARS OF CITY COUNCIL WORK NEXT YEAR.

IVAN USE, UNFORTUNATELY, WHO'S, WHO'S NOT HERE WITH RIGHT NOW.

HE SERVED FOR SIX YEARS, LORI WARD, FIVE YEARS, GQ FOR YEARS.

UM, AND THIS IS WHAT WHAT'S INCREDIBLY INTERESTING TO ME RIGHT NOW.

WE'VE GOT CATHERINE WHEELER.

WHO'S, WHO'S BEEN WITH US FOR A YEAR.

UM, SHE WAS ON P AND Z FOR 10 YEARS BEFORE THAT SHE'S MARRIED TO PASS PAST MAYOR SCOTT WHEELER.

SO THERE IS A RIDICULOUS AMOUNT OF, OF ADDISON IQ IN THAT HOUSEHOLD.

AND WE'VE GOT, AND WE'VE GOT MORE, MORE COMING, YOU KNOW, SIM SAME TYPE OF SITUATION WITH, WITH EILEEN RESNICK.

UM, I THINK FOUR YEARS ON PNC AND MARRIED TO NEIL AND NEIL SERVED ON CITY COUNCIL FOR FOUR YEARS.

SO, SO, UH, AND THEN, AND THEN WE'VE GOT DEREK GARDENER, UH, ABOUT, UH, ABOUT TO BE SWORN IN HERE.

I, I SUSPECT HE MAY KNOW MORE ABOUT THE ADDISON AIRPORT THAN, THAN ANY OF OUR COUNCIL MEMBERS.

SO, SO I'M EXTREMELY THANKFUL FOR THE COUNCILS THAT I'VE WORKED WITH.

AND, UM, AND I'M EXTREMELY CONFIDENT OF THE, THE ONES THAT ARE COMING IN AND WHERE WE'RE GOING TO BE.

UM, AND YOU KNOW, THE, THE LAST, THE LAST THING I, I COULD GO ON AND ON, WE'VE GOT A LOT OF GOOD STUFF THAT'S OCCURRED HERE AND I'D LOVE TO TALK MORE, BUT, UM, UH, I'D LIKE TO, I'D LIKE TO SAY THAT I'VE BEEN FORTUNATE WITH ALL THE COUNCIL MEMBERS.

UM, BUT, BUT I THINK THE COUNCIL MEMBER THAT'S TAUGHT ME THE MOST IS, UH, HOW TO BE A COUNCIL MEMBER, UM, IS PAUL WALDEN.

UM, AND I WANT TO THANK, THANK YOU, PAUL, FOR TAKING ALL MY CALLS AND THOSE CONVERSATIONS WE HAD AND, AND SOME WERE PERFECTLY ALIGNED AND SOME, WE JUST, WE WEREN'T, BUT, BUT YOU WERE, YOU ALWAYS TOOK MY CALLS.

WE'D ALWAYS TALKED THROUGH THINGS AND WE SHARE EACH OTHER'S THOUGHTS.

AND, UM, AND IT WAS, IT WAS JUST VERY IMPRESSIVE JUST TO, JUST TO, JUST TO SEE HOW, HOW, HOW, UH, UH, HOW YOU OPERATED AS A COUNCIL MEMBER.

AND I WANTED TO SHARE THAT WITH YOU.

UM, AND REALLY I WANTED, UH, I THINK WE'VE GOT A TON OF GREAT THINGS THAT HAVE OCCURRED AND, AND A LOT THAT ARE, THAT ARE ON THE HORIZON THAT WE KNOW ABOUT.

AND I'VE BEEN, UH, EXTREMELY THANKFUL TO BE A PART OF IT QUITE AS MUCH THAT I WANT IT.

SO YOU'LL HAVE A LOT OF TIME TO PLAY PICKUP.

I'M GOING TO THANK YOU.

LUCKY TO HAVE YOU.

THANKS.

WELL, UM, LAURA JUST ASKED ME A MINUTE AGO, HOW I'M FEELING.

I SAID, I FEEL CONTENT, UM, UH, IT WAS A WHOLE DIFFERENT WORLD IN 2016 AND, YOU KNOW, WE, MARA MARLIN TOUCHED ON A LOT OF GOOD, GOOD POINTS.

I AGREE WITH WHAT HE HAS TO SAY ON THAT.

AND I APPRECIATE YOUR KIND WORDS

[00:15:02]

FLOW YOUR WORK WITH YOU, UM, AND PLEASURE TO WORK WITH EVERYBODY, UM, WHEN WE WERE A GOOD TEAM AND THAT'S THE IMPORTANT THING, AND THAT'S THE COUNSEL THAT I WOULD LEAVE DARREN EILEEN WITH IS IT'S ABOUT BEING A TEAM AND TRUSTING YOUR PEOPLE, TRUSTING YOUR TEAMMATES TO, TO MOVE THE BALL DOWN THE FIELD.

AND, UH, DOESN'T MEAN YOU HAVE TO AGREE WITH EVERYBODY, BUT, YOU KNOW, I WAS BLESSED TO HAVE FIVE YEARS OF COUNSEL WHERE I COULD ENJOY THAT TRUST, WHETHER AGREED OR DISTRIBUTED WITH ANYBODY, WE COULD HAVE GOOD DELIBERATIONS, HONEST DELIBERATIONS WITH NO POLITICAL RAMIFICATION OF POLITICAL RECORD, ALL ARENA, ANY PUBLIC SHAMING OR ANY OF THE NONSENSE THAT WAS RAMPANT IN 2016 AND THE YEAR BEFORE THAT.

AND, UM, YOU KNOW, I GIVE A LOT OF CREDIT TO MAYOR CHOW.

UM, JOE, LET EVERYBODY HAVE THEIR SAY, UM, HE NEVER DOMINATED THE CONVERSATION.

HE NEVER WOULD OPEN AN ITEM, SPEAK ON IT AND NEVER LET ANYBODY HAVE A CONVERSATION BEFORE YOU MADE A MOTION AND THEN HAD HIS, HIS, UH, UH, DESIGNATED SECONDARY TO DO THAT, WHICH IS EXACTLY WHAT THE PREVIOUS MAYOR DID WAS AN ABOMINATION.

AND SO WE HAVE, WHAT I'M MOST PROUD ABOUT IS TURNING THIS PLACE, NORMALIZING IT, AND BRINGING IT BACK TO WHERE, YOU KNOW, WE HAVE IT, IT'S JUST A NORMAL SITUATION AND IT'S, IT'S BEEN, IT'S BEEN A GREAT RIDE.

UH, I NEED TO MENTION ONE LOT.

ONE OF THE THING I, YOU KNOW, MENTIONED TEAMWORK AND, AND, YOU KNOW, THE TEAMWORK GOES BEYOND THIS.

IT'S EASY FOR ME TO SIT UP HERE AS A POINT PERSON TO SAY, YOU KNOW, I DID IT ALL BY MYSELF, BUT THAT WOULD BE ANYTHING BUT THE TRUTH.

UM, I HAD A TON OF PEOPLE THAT HELP ME, A LOT OF PEOPLE IN THIS ROOM THAT HELPED ME EXTRAORDINARILY AND, YOU KNOW, FROM, FROM DIFFERENT ASPECT, BRINGING IN THEIR PROFESSIONAL AND THEIR, THEIR SOCIAL SKILLS AND ALL THAT KIND OF STUFF, PUTTING TOGETHER PARTIES AND GATHERINGS, BUT, YOU KNOW, THE PERSON THAT, UM, THAT, THAT I LEANED ON THE MOST, UH, UH, MY NEIGHBOR AND CONFIDANT FRIEND, SUE ALBURN, THE VOICE OF TRUTH AND ADDISON AND I, UM, ON THERE, FORGET THE 20 16, 20 18, HOW MANY PEOPLE TOLD ME THEY READ TRUTH IN ADDISON.

AND I BELIEVE THAT THAT WAS A CRITICAL ASPECT OF WHAT I CONCERNED, ONE PERSON IN SAVING THIS TOWN.

AND SO, UH, UH, YOU KNOW, I, I WANTED TO MENTION THAT PUBLICLY AND ACKNOWLEDGED TREVOR AND THE ANCHOR AND, UH, FOR COUNCIL AND HER PATIENCE AND HER GUIDANCE AND HER HISTORY AND HER COMMUNIST WHEN, WHEN I WAS TENDING TO GET A LITTLE BIT WOUND UP SOMETIMES, WHICH IS, I, I TEND TO DO SOME TIMES NOT OFTEN, BUT SOMETIMES, UH, BUT, UM, YOU ALL HAS BEEN GREAT.

UM, WE, WE'RE IN, WE'RE IN GOOD SHAPE.

I'M PROUD OF WHAT WE'VE DONE.

UH, I LEAVE, UH, KNOWING THAT I DID THE BEST I COULD.

I CERTAINLY WASN'T PERFECT IF I HAD TO DO IT OVER AGAIN, THAT WOULD BE A LOT BETTER, BUT IT WOULDN'T BE RIGHT.

UM, BUT THAT'S THE BEST WE CAN HOPE FOR IS TO DO OUR BEST.

SO, UM, PLEASURE AND HONOR TO SERVE WITH YOU.

YOU TWO ARE GOING TO JOIN A UNIQUE FRATERNITY, SO THAT WILL BE WITH YOU FOR THE REST OF YOUR LIFE.

I HAD CONVERSATIONS WITH PEOPLE WHO ARE FORMER CITY COUNCILMAN FROM, YOU KNOW, FARMER'S BRANCH AND CARROLLTON AND OTHER PLACES LIKE THAT.

AND THERE'S JUST A BOND THAT YOU HAVE, UM, THAT, UH, THAT BECAUSE OF THE LIFE EXPERIENCES THAT YOU'LL GO THROUGH, UH, YOU KNOW, FOR THE NEXT FEW YEARS.

UM, AND, UM, SO I'M LOOKING FORWARD THAT FOR YOU, I TRUST YOU.

I THINK YOU'LL DO A GOOD JOB.

UM, I HAVE HIGH EXPECTATIONS FOR YOU AND I HAVE HIGH EXPECTATIONS WITH THIS COUNCIL.

I HAVE MY EXPECTATIONS FOR THE CITY MANAGER AND THE STAFF, UM, BECAUSE I BELIEVE PEOPLE LIVE UP TO OR DOWN TO YOUR EXPECTATIONS.

AND SO, UM, I'M GOING TO EXPECT A LOT FROM THE GUYS.

SO, UM, THANK YOU, JOE, FOR THE, FOR THE, UH, UH, YOUR, YOUR WORDS ARE, WERE, WERE WISE.

I FELT THE SAME WAY WITH YOU, UH, AGREEING OR DISAGREEING.

WE'D

[00:20:01]

ALL BE VERY HONEST WITH EACH OTHER.

AND, UM, AND, AND JUST, UM, THAT WAS THE BEAUTY OF THIS COUNCIL.

IT REALLY WAS.

SO I WAS STILL HONESTLY, A FULL .

YOU CALL ME BACK TOO LATE.

WHY WAS THE FIRST TIME THAT CAUSE SOME PEOPLE, SOME PEOPLE DON'T ANSWER MY PHONE AS SOON AS I COME BACK AND I RECEIVE ALL THE PHONE CALLS IN A WEEK, GO THROUGH EVERYTHING TOGETHER.

AND THEN, UM, I'M VERY FORTUNATE TO HAVE YOU YEAH, YEAH.

AND GATHER ALL THE WISDOM AND, UH, MAKE THIS CITY A BETTER CITY THAN EVER BEFORE.

SEE TOGETHER, WE GET A, SO MANY THINGS DONE IN SHORTER TIME INSTEAD OF FIGHTING AGAINST EACH OTHER.

SO IT'S SO PRODUCTIVE.

RIGHT.

SO ALONG WITH OTHER CONSOLE AND THE CITY MANAGERS, WE ARE VERY FORTUNATE.

WE HAVE EXTREMELY A LOT GIFTS FOR YOU GUYS IS THE FIRST YEAR WE HAVE SO MANY AND MAYOR, I'M SORRY, JUST BEFORE YOU GO, MAY I PLEASE JUST SAY BOTH MARLIN PAUL, A REFLECTION IS IMPORTANT AND ALLOWS US TO BE GRATEFUL AND PROVIDE PERSPECTIVE AND JUST TO SET THINGS IN THE RIGHT CONTEXT.

AND, UM, AS YOU'VE MENTIONED ABOUT REFLECTION, I I'VE BEEN ABLE TO WORK WITH BOTH OF YOU, A GREAT DEAL.

AND I WANTED TO, I WROTE DOWN A COUPLE OF THE THINGS THAT, THAT RESONATE WITH ME WHEN I THINK OF YOU.

AND SO MARLIN, UM, YOU'RE PASSIONATE FOR ADDISON, THANK YOU FOR ALWAYS BEING FULLY INVESTED IN THIS TOWN.

UM, YOU'RE A CREATIVE THINKER.

YOU, UH, YOU HAVE A DIFFERENT WAY OF WORKING THINGS AND IT ADDED A LOT OF VALUE TO THE CONVERSATIONS THAT, UH, THAT OCCURRED HERE AT TOWN HALL.

UH, I LOVE THAT YOUR CURRENT CURIOSITY SERVED THE TEST CONVENTIONAL THINKING, AND THAT WAS, UH, SOMETHING I THINK AGAIN, VERY, VERY POSITIVE AND BENEFICIAL.

SO WHAT I WANT TO DO IS THANK YOU FOR ALWAYS, UH, SHARING WAYS TO TELL THE ADDISON STORY MORE EFFECTIVELY FOR ASKING QUESTIONS AND SEEKING TO UNDERSTAND AND FOR SEARCH AND FOR SERVING YOUR COMMUNITY WITH GENUINE CARE AND ENTHUSIASM.

SO THANK YOU VERY MUCH.

UH, PAUL, YOU ARE, AS YOU MENTIONED, A PASSIONATE DEFENDER OF THE CAUSES YOU BELIEVE IN, AND EVERYBODY'S GIGGLING BECAUSE THEY CAN DEFINE PASSIONATE IN THE WAY THAT THEY THINK IS MORE, MOST APPROPRIATE FOR YOU.

I HAVE TO OWN THAT.

UH, YOU ARE A GREAT ADVOCATE OF THE ADDISON WAVE SERVICE, AND THAT WAS, UH, UH, EVIDENT IN EVERYTHING THAT YOU, UH, DID.

YOU WERE A PROTECTOR OF HIGH STANDARDS AND AN ADVOCATE FOR A PROTECTOR, AN ADVOCATE FOR THE RESOURCES TO DELIVER THOSE HIGH STANDARDS.

AND THAT, THAT MEANS A WHOLE LOT.

YOU CAN'T DO ALL THE THINGS THAT PEOPLE WANT YOU TO DO UNLESS YOU HAVE THE RESOURCES TO DO THEM.

SO I WANT TO S I WANT TO FIRST SAY THANK YOU TO YOU, UH, FOR ALWAYS BEING SUPPORTIVE OF TOWN STAFF.

THAT WAS A VERY, VERY APPRECIATED FOR PUSHING US TO EMBRACE HIGH STANDARDS AND TO DELIVER HIGH QUALITY SERVICES AT ALL TIMES.

AND FOR MORE IMPORTANTLY, GIVING ME A CHANCE TO PROVE THAT I WAS HERE TO SERVE THE CITIZENS AND EXECUTE THE WILL OF THE CITY COUNCIL AND A PROFESSIONAL AND DISPASSIONATE MANNER WHEN YOU GET EASILY GONE INTO, IN A DIFFERENT WAY.

I I'M GRATEFUL FOR THAT.

SO THANK YOU TO BOTH OF YOU FOR YOUR SERVICE.

IT'S BEEN AN HONOR TO SERVE WITH YOU, UH, ME AS CITY MANAGER, OBVIOUSLY, BUT THIS COMMUNITY, UM, YOU AS CITY COUNCIL MEMBERS AND ELECTED OFFICIALS AND FOR EMBRACING AND, UH, PROTECTING THE SACRED TRUST THAT, UH, VOTERS PUT INTO YOU.

AND, UH, I APPLAUD YOU FOR A JOB WELL DONE.

SO THANK YOU.

LET'S GO DOWN THERE EASIER FOR EASY TO TAKE A PICTURE OF SO

[00:25:01]

THIS IS THE FULL POLO AND LET'S SHOW A NEW BRAND ON THE OTHER SIDE IS YOU HAVE YOUR NAME FOR ME TO CARRY, AND SHE IS FIXING.

THIS WOULD BE THE FIRST.

IT'S ALSO SIGNIFICANT THAT THESE MADE UP , THAT'S WHAT ALL THIS MEAN MEANS SOMETHING, BUT IT'S A BIT, IT'S A VERY NICE GIFT AND I APPRECIATE YOU MAKE MAKING IT HAPPEN, RIGHT? EVERY YEAR WE'LL TAKE A GROUP PHOTO WITH THE CITY MANAGER IN CASE THAT CHANGE IN THE CITY COUNCIL.

AND THEN IF NOT, WHICH IS MEN TEND TO SAY, YOU WANT TO SAVE SOME COSTS, BUT AS LONG AS WE HAVE NO PHOTO PAPER, GREAT, ANYBODY ELSE WANT TO PICK A PICTURE OF A FALL? UH, DON'T GO.

SINCE I TRIED TO FINISH SOCIALIZE IT, THEY MAY WANT TO STOP.

SO THIS THANKS FOR THE OPENNESS SET OUTSIDE.

GREAT JOB CLASS.

GET EVERYBODY SIGNED.

WELL, THIS WAS A VERY SPECIAL DAY.

OBVIOUSLY THIS IS GROUNDBREAKING LUNCH, THE DARK SILVER LOCKED AROUND.

AND, UH, I LOVE THIS.

[00:30:02]

YOU WANT TO SAY SOMETHING LIKE THE 50? OH, OH, BY THE WAY, YOU KNOW WHAT? THIS TOOL OREO COOKIES.

WHY IS THE WAY PAUL ONE'S FACE OKAY.

YOU'LL WAIT FOR US.

OH, THE MAIN SIR, THE OATH OF OFFICE TO THE THREE COUNCIL MEMBERS ELECTED AND MAY 7TH, 10 22 GENERAL ELECTION.

I TRIED TO FINISH THESE ACTION ITEMS, THEN WE .

[3. Administer the Oath of Office to the Three (3) Council Members Elected at the May 7, 2022 General Election.]

SO, UH, I WANT TO AND THE WHEEL WAS SWATTING AT THE SAME TIME.

AND THE DIFFERENCE IS YOUR LOCAL TO ME.

I THINK THAT MEMORIZED.

AFTER THIS MANY YEARS, AND I HAVE TO MEMORIZE IT, THEN DARON GQ MAGAZINE, LIKE THE MAGAZINE.

I SPEAK SLOWLY.

PLEASE RAISE YOUR RIGHT HAND.

ALL ALRIGHT, STEADY ON NAME.

SO DO SOLEMNLY SWEAR OR AFFIRM, SWEAR.

I WILL FAITHFULLY EXECUTE THE DUTIES.

FAITHFULLY EXECUTE THE DUTIES OF THE OFFICE OF CITY COUNCIL, COUNCIL OF THE STATE OF TEXAS AND A WILL TO MY BEST ABILITY PRESERVE, PROTECT, AND THE CONSTITUTION AND LAWS OF THE UNITED STATES, UNITED STATES, ALL THIS STATE.

SO HELP ME GOD, HOW MUCH RELATIONS

[4. Present Certificates of Election to the Three (3) Council Members Elected at the May 7, 2022 General Election.]

ALL RIGHT, THAT'S FINE.

THERE IN AN IB AND I HAVE, THIS WILL CHANGE AFTER THE BREAK.

THE, UH, THE ELECTION, THE ELECTION OF THE MAYOR.

I WILL SEND IT

[00:35:01]

WE WILL PUT IN THE RIGHT NAME,

[5. Present, Discuss, and Consider Action on Nominations and Appointment of the Mayor Pro-Tempore and Deputy Mayor Pro-Tempore.]

NUMBER FIVE, PRESENT THE SMITH'S CONSIDER ACTION ON NOMINATIONS AND APPOINTMENT OF THE MAYOR POTENT, AND DEFINITELY MADE IT.

SO BASICALLY EVERY YEAR WE DO THIS, UH, GIVE EVERY COUNCIL MEMBER THE OPPORTUNITY TO EXPERIENCE THE, IF MAYOR IS NOT HERE, THEN MAYOR PRO TEM WILL TAKE HIS PLACE.

THEN IF NEITHER OF US HERE, THEN DEPUTY MAYOR PAUL TAN WOULD TAKE OVER OFFICE.

SO, UM, SOMETIMES I'M NOT ABLE TO MAKE TWO SOUTHERN FUNCTIONS.

THEN MAYOR POTEL WOULD TAKE OVER THE JOB.

IF I GET A SICK, MAY HAVE HOTEL, WHAT TO DO THE JOB.

SO IN CASE MAYOR PUTIN IS NOT ABLE TO DO IT.

THEN DEPUTY MAYOR POTENT WILL TAKE HIS PLACE.

SO ALSO A ALWAYS GO OUT TO REPRESENT ME A CITY FOR ANY FUNCTION.

NOW, RAYMOND CARDING TENDING ALL THE DIFFERENT KINDS OF INTER LOCAL GOVERNMENT FUNCTION WAY.

OH, AND NEED TO HAVE SOME REPRESENTATION.

SO, SO I NORMALLY WALK CLOSER WITH THE MAYOR POLITICS AND DEPUTY MAYOR IN CASE I'M NOT ABLE TO DO IT.

SO WE ALWAYS HAVE A GOOD REPRESENTATION FOR TOM EDISON.

SO I LIKE TO APPOINT CATHERINE WINTER TO BE MAYOR POTEN AND LORI WARD TO BE DEFINITELY MAYOR.

SO DO I HAVE A MOTION? SECOND MOTION ON CATHERINE WILLARD AND THE SECOND PHONE GILMORE CONTENTED HERE.

ALL IN FAVOR, PLEASE SAY, AYE.

AYE.

OPPOSE.

SO WE TAKE A 10, 15 MINUTES BREAK.

SO EVERYBODY IS ABLE TO HAVE A PICTURE OR CHECK WITH PAUL WALDEN AND FORMER COUNCIL MEMBERS AND MONITOR.

THEY MIGHT COME BACK AT, UH, 15 MINUTES.

THAT'S YOUR RESUME.

SO, UH, FIRST I'D

[ Announcements and Acknowledgments Regarding Town and Council Events and Activities Discussion of Meetings / Events]

LIKE TO INVITE OUR CITY MANAGER TO HAVE AND MAKE SOMEONE ELSE.

THANK YOU, MARY AND COUNCIL.

GOOD EVENING.

JUST A FEW ANNOUNCEMENTS.

TONIGHT.

FIRST, THE ADDISON'S ECONOMIC DEVELOPMENT DEPARTMENT WILL BE HOSTING ITS ANNUAL ECONOMIC DEVELOPMENT LUNCHEON.

THIS THURSDAY, MAY THE 19TH AT THE MARRIOTT QUORUM HOTEL WITH SPECIAL GUEST SPEAKER, REBECCA RYAN, FOR MORE INFORMATION, OR TO PURCHASE A SEAT OR A TABLE.

WE INVITE PEOPLE TO VISIT THE TOWN'S WEBSITE AT WWW DOT ADDISON, TEXAS.NET.

ALSO, WE WANT TO LET EVERYBODY KNOW THAT, UH, ADDISON AFTER DARK IS COMING UP, UH, WRANGLE UP YOUR BEST.

THAT'S AN IN COWBOY BOOTS AND MOSEY ON OVER TO ADDISON CIRCLE PARK AT 7:00 PM ON SATURDAY, MAY THE 21ST FOR ADDISON AFTER DARK BOOT SCOOTING BASH.

THIS FREE EVENT WILL FEATURE LIVE ENTERTAINMENT, MECHANICAL BULL RIDES, FOOD TRUCKS, AND MORE.

YOU CAN GET MORE DETAILS@ADDISONAFTERDARK.COM.

AND I THINK THE, IS THERE MECHANICAL VOCAL PICTURES WITH THE MAYOR? IS THAT WHAT IT NOT? BECAUSE, UH, TONIGHT'S MEETING, WE ARE ACTUALLY A, THERE WILL NOT BE A CITY COUNCIL MEETING ON A TUESDAY, MAY THE 24TH, WHICH IS NORMALLY THE SCHEDULED DATE.

THIS MEETING TAKES THAT INTO PLACE OF THAT MEETING.

SO OUR NEXT COUNCIL MEETING WILL BE HELD ON JUNE THE 14TH.

AND THEN JUST AS A REMINDER, ADDISON OFFICES WILL BE CLOSED FOR MEMORIAL DAY ON MONDAY, MAY THE 30TH.

IF ANYBODY NEEDS ANY ASSISTANCE, WHEN OFFICES ARE CLOSED, THEY CAN CALL THE NON-EMERGENCY DISPATCH NUMBER AT 9 7 2 4 5 0 7 1 5 6.

THOSE ARE MY ANNOUNCEMENTS FOR THIS EVENING AND I APPRECIATE THE TIME.

THE MAYOR ABOUT THE STORM DRAIN AND THE DOCKS.

[ Public Comment The City Council invites citizens to address the City Council on any matter, including items on the agenda, except public hearings that are included on the agenda. Comments related to public hearings will be heard when the specific hearing starts. Citizen comments are limited to three (3) minutes, unless otherwise required by law. To address the Council, please fill out a City Council Appearance Card and submit it to a staff member prior to the Public Comment item on the agenda. The Council is not permitted to take any action or discuss any item not listed on the agenda. The Council may choose to place the item on a future agenda. Election Items]

NEXT ITEM.

THE PUBLIC COMMENT.

SO I HAVE A MESSY WASON, UH, FRENCH WHO SPEAK FOR THREE MINUTES.

SO JUST SAY YOUR NAME AND THE ADDRESS.

NANCY BLACKTON 1, 4 6, 2 8 LAKE CREST DRIVE.

AND I AM HERE TO I'M HERE TO FOLLOW UP ON THE EMAIL LETTER THAT I SENT TO COUNCIL AND

[00:40:01]

SO, UM, I, I THINK THAT THAT DRAIN NEEDS TO BE COVERED.

AS I STATED IN MY LETTER, UM, SMALL CREATURES, INCLUDING SMALL CHILDREN ARE CONCERNING, BUT I WITNESSED EIGHT LITTLE BABY DOCTORS GET FLOWED DOWN THE DRAIN AND MY HUSBAND AND THE ANIMAL CONTROL MANAGED TO GET TO OUT LEAVING STINKS.

AND IT'S NOT ACCEPTABLE.

IT'S NOT SAFE, BUT IT'S ALSO NOT TAKEN FROM THE DOCS.

WE HAVE A POND AND WE HAVE AN OBLIGATION AS A TOWN TO KEEP MIGRATORY BIRDS IN THEIR ENVIRONMENT SAFE.

THERE'S NOTHING GOT IT.

I KNOW THAT THERE'S I ATTACHED THIS HEALTH AND SAFETY, TEXAS ORDINANCE ABOUT COVERING CISTERNS ROLLS AND ROLLS DEEPER THAN 10 FEET, 10 INCHES TO SIX FEET ACROSS.

I DON'T KNOW WHETHER THAT APPLIES.

UM, I KNOW THE CITY ATTORNEY'S HAIRSTYLING DIDN'T LOOK AT ME, BUT I DON'T KNOW IF ANY OF THAT APPLIES, BUT I THINK THAT WE NEED TO TAKE INTO CONSIDERATION WHAT DOES GO DOWN THAT DRAIN.

AND IT IS THOSE LITTLE WHITE BABY DOTS.

I THINK RIGHT NOW WE COULD PROTECT THAT WITH JUST A PIECE OF MESH THAT WE STILL DRAIN AND JUST KEEP THE LITTLE CREATURES FROM GETTING SUCKED DOWN.

WELL, WE'LL LOOK INTO IT.

I KNOW I'M NOT EXPERIENCED WITH THIS YOU GUYS, BUT IT DOESN'T SEEM LIKE IT'S THAT DIFFICULT TO FACE.

AND I KNOW IT'S BEEN REPORTED TO THE TOWN BEFORE AND YES, I WOULDN'T BE HERE TALKING IF SOMEBODY HAD TAKEN.

WELL, THANK YOU SO MUCH.

I SEE IF WE CAN CONTINUE TO SIT HERE LOOKING AT YOU.

JUST WANT TO MAKE SURE.

THANK YOU FOR LETTING US KNOW.

[ Consent Agenda All items listed under the Consent Agenda are considered routine by the City Council and will be enacted by one motion with no individual consideration. If individual consideration of an item is requested, it will be pulled from the Consent Agenda and discussed separately.]

OR REGULAR ITEM, ITEM, NUMBER NINE, HOLD A COPY OF THE HEARING PRESENT, DISCUSS OR CONSIDER ACTION ON AN ORDINANCE APPROVING A SPECIAL USE PERMIT SOP FOR PROPERTY LOCATED AT 52 80 BILL.

CONSENT AGENDA, ITEM SIX, SEVEN, AND EIGHT LESS.

JUST ONE ITEM THAT MAYOR AND COUNCIL, I BELIEVE THEY'RE WITH ME HERE.

IT'S, UH, UNCLE'S ENCORES ITEM THERE.

NUMBER EIGHT.

UH, WHAT WAS ATTACHED TO THE, TO THE AGENDA, UH, AS AT THE POST TIME OF POSTING WAS A DRAFT RESOLUTION THAT HAS NOW BEEN UPDATED AND IT'S AVAILABLE TO YOU, UH, AT THE DIOCESE, IT SAYS EVERYTHING IS JUST UPDATED WITH ADDISON LANGUAGE, REFERENCING ADDISON, AS OPPOSED TO HAVING SOMETHING GENERIC.

SO WE WANTED TO MAKE SURE THAT YOU KNEW THAT IT HAS BEEN TAKEN CARE OF FROM A PAPERWORK STANDPOINT.

WE WERE JUST WAITING FOR THE PROCESS, UH, WITH ENCORE TO WORK THROUGH, TO BEFORE WE HAD SOMETHING ACTUALLY TO PROVIDE.

AND WE'VE MADE IT AVAILABLE FOR YOU FOR THAT.

SO, ANY QUESTION BESIDE HIM IS BASICALLY THIS IS A STANDARD PROCEDURE.

SO ADDISON IS A PART OF THE STUDENT COMMITTEES CDS.

SO EVERY YEAR WHEN ENCORE TRIED TO INCREASE THE RENT, SO WE INVESTIGATE WHETHER IT'S LEGIT OR NOT, THEN WE MAKE SOME NEGOTIATION KNOCKED DOWN, INCREASE THE RATE.

SO THAT'S, WHAT'S THE PURPOSE FOR, DO I, DO I HAVE A MOTION? I CAN SIX, SEVEN AND EIGHT APPROVED FROM HERE.

THE SECOND EMOTIONALLY BY ALL IN FAVOR, PLEASE SAY AYE, CLOTHES

[9. Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance Approving a Special Use Permit (SUP) for Property Located at 5280 Belt Line Road that is Currently Zoned Local Retail (LR), to Allow a Portion of the Building to be Used as a Restaurant. Case 1847-SUP/5280 Belt Line Road (Sweetgreen). ]

[10. Hold a Public Hearing, Present, Discuss, and Consider Action on an Ordinance Approving a Special Use Permit (SUP) for Property Located at 5280 Belt Line Road that is Currently Zoned Local Retail (LR), to Allow a Portion of the Building to be used as a Restaurant with the Sale of Alcoholic Beverages for On-Premises and Off-Premises Consumption. Case 1848-SUP/5280 Belt Line Road (Postino). ]

I KNOW THAT IS CURRENTLY ZONED LOCAL RETAIL TO ALLOW A PORTION OF THE BUILDING TO BE USED AS A RESTAURANT CASE.

NUMBER 1 8 4 7, SOP 5 2 8 0 BILL.

I WROTE SWEET GREEN, BUT I CAN, I WANT TO READ THIS NEXT ONE BECAUSE IT'S IN THE SAME BUILDING ITEM.

CAN HOLD A POCKET HEARING PRESENT, DISCUSS IT IN A CONSIDERED ACTION ON ORDINANCE APPROVING A SPECIAL USE PERMIT SOP FOR PROPERTY LOCATED AT 52 80 BILL.

I KNOW THAT IS COATED LEAVES ON LOCAL RETAIL OR TO ALLOW PUSH OF THE BUILDING TO BE USED IN THE RESTAURANT WITH THE SALE OF ALCOHOLIC BEVERAGES FOR ON PREMISES AND OFF PREMISE CONSUMPTION CASE NUMBER 1 8, 4, 8, POSITING.

ALRIGHT, SO BOTH OCCUPIED POST RESTAURANT GOING TO BE ALL PHOENIX WHEN A MESS OF MINE, CAN'T GO OUT HERE.

UH, FOLLOWING, UH, DISCUSSION.

MAYOR KEN SCHMIDT, DIRECTOR OF DEVELOPMENT SERVICES FOR THE TOWN ADDISON.

SO PROCEDURAL WAY SINCE WE HAVE TWO SEP REQUESTS APPLYING TO THE SAME PROPERTY, AND THEY'RE BOTH OBVIOUSLY INTERRELATED, I'M GOING TO MAKE ONE PRESENTATION COVERING BOTH ITEMS, AND THEN, UH, FOR YOUR CONSIDERATION, I WILL NEED TO CONDUCT TWO PUBLIC HEARINGS AND TWO SEPARATE ACTIONS,

[00:45:01]

UM, SO WITH THAT, UH, THE SUBJECT PROPERTY, UH, WAS ORIGINALLY DEVELOPED IN 1979 AS DON MIGUEL'S RESTAURANT, UH, SHORTLY THEREAFTER, CONVERTED TO EL PHOENIX, UH, THAT BRAND, UH, OPERATED IN THAT LOCATION, UH, FOR SOME TIME EVENTUALLY TRANSITIONING TO, UM, MISA MAYA, UH, THAT, UH, WAS IMPLEMENTED THROUGH AN SUP THAT WAS APPROVED BY THE COUNCIL IN 2016.

UH, YOU ALSO HAD AN ADDITIONAL SEP ACTION RELATED TO THE TERMS USED IN THE SIGNAGE, UH, FOR ME SOME MAYA IN 2018.

AND THEN TONIGHT WE HAVE A REQUEST BY TWO RESTAURANT CONCEPTS, UH, SWEETGREEN, UH, WHICH IS A FAST CASUAL, UH, HEALTHY EATING CONCEPT, UH, THAT WILL OCCUPY THE EASTERN SEGMENT OF THE BUILDING.

AND THEN, UH, , WHICH IS A, UH, WINE BAR AND RESTAURANT, UH, THAT WILL HAVE ALCOHOL SALES, UH, FOR ONSITE CONSUMPTION.

AND THEN ALSO FOR OFF PREMISES CONSUMPTION VIA A SMALL RETAIL SPACE.

PERFECT.

ALL LIKE CONTROLLER.

ALL RIGHT, GO BACK A SLIDE.

I SKIPPED OVER.

NOPE, YOU'RE GOOD.

SORRY.

WE WERE WAITING FOR IT.

YOU'RE GOING THE OTHER WAY.

PROPERTY REMAINS ECONOMICALLY VIABLE.

SO WE'LL FIRST TALK ABOUT SWEETGREEN.

UH, THIS, AS I MENTIONED IS AN EASTERN SEGMENT OF THAT EXISTING, UH, BUILDING, UH, THESE, BOTH OF THESE SPACES, UH, WILL OCCUPY THE CURRENT FOOTPRINT OF THE BUILDING.

THERE'S NO INCREASE IN FLOOR AREA.

UH, THE BUILDING WOULD BE MODIFIED, UH, IN THE, BOTH THE INTERIOR AND THE PATIO AREA.

SWEET GREEN WE'LL HAVE, UH, 3,200 SQUARE FEET OF FLOOR AREA BECAUSE IT IS A FAST CASUAL CONCEPT.

A LOT OF, UH, THEIR CUSTOMERS ARE ORDERING VIA APP OR, UH, VIA PHONE.

UH, AND SO, UH, THERE'S VERY LIMITED SEATING WITH SWEET GREENING AND HAS SEATING FOR, UH, 18 INDOORS, UH, LARGELY, UH, WHAT YOU SEE, UH, IN THE, UH, TABLETOP SEATING, UH, FACING THE EASTERN FACADE.

AND THEN, UH, THE PATIO PROVIDES SEATING FOR 20, UH, AT THE, UH, BOTH THE NORTH AND EASTERN FACADE OF THE BUILDING.

UH, AS I MENTIONED EARLIER, UH, THIS CONCEPT WILL NOT HAVE ALCOHOL SALES.

UH, SO , UH, IS GOING TO OCCUPY, UH, 5,400 SQUARE FEET OF THE BUILDING.

UH, 4,400 SQUARE FEET OF THAT WILL BE A INTERIOR FLOOR AREA THAN A 1000 SQUARE FEET, UH, WILL BE, UH, UNCOVERED PATIO SPACE.

IT WILL PROVIDE SEATING FOR 110 INDOORS AND, UH, 50, UH, ON THE PATIO.

UH, THERE WILL BE ALCOHOL SALES, UH, FOR ON-PREMISE AND OFF-PREMISE CONSUMPTION, UH, SOME OF THE MAJOR CHANGES, UH, THAT YOU'LL SEE, UH, FROM THE MISA MAIA CONCEPT, UH, ON THIS WESTERN PORTION OF THE BUILDING IS, UH, YOU SEE A REDUCTION IN PATIO SPACE.

SOME OF IT GOT CONVERTED BACK TO INTERIOR AREA.

UH, SO, UH, WITH ANY SUP REQUEST, UH, WE EVALUATE, UH, THE PROPOSAL AGAINST, UH, THE TOWN STANDARDS OR THINGS LIKE PARKING LANDSCAPE, TREE PRESERVATION, UH, FACADE, UH, APPEARANCE.

UH, AND THIS REALLY IS ONE OF THE MORE CHALLENGING PROPERTIES IN THE TOWN.

UM, WE DEAL WITH MANY, UH, REUSE PROPOSALS, PARTICULARLY WITH OUR RESTAURANTS AND, UH, THIS, UH, WITH ITS LOCATION THERE AT THE SOUTHWEST CORNER OF, UH, BELTLINE IN MONFORT, UH, THERE IS, UH, VERY LIMITED EXCESS SPACE ON THIS SITE.

SO WHEN YOU CONSIDER THINGS SUCH AS LANDSCAPE AND PARKING AND THE SIZE OF THE BUILDING, IT'S, IT'S A BIT LIKE A THREE-LEGGED STOOL.

IF YOU TAKE FROM ONE TO IMPROVE ANOTHER, UH, YOU'RE, UH, GOING TO LIMIT AN IMPACT HOW IT CONFORMS WITH THE OTHER CONSIDERATION.

SO REALLY THE MOST COMMON CHALLENGE WE HAVE IS ON PARKING, UM, PROVIDING, UH, PARKING, UH, THAT MEETS OUR MINIMUM STANDARDS.

BUT WHEN YOU DO PROVIDE MORE PARKING, UH, OR YOU FREQUENTLY IMPACT LANDSCAPES.

SO THIS SITE, UH, AS A STARTING POINT, UM, IS AT MINIMAL COMPLIANCE, UH, WITH OUR, THE TOWN'S PARKING REQUIREMENTS.

AND IT DOES NOT COMPLY WITH THE TOWN'S LANDSCAPE REQUIREMENTS WHEN WE DEAL WITH SITES LIKE THIS.

UM, A BIG GOAL FOR STAFF OBVIOUSLY IS ONE TO ENSURE THAT THE

[00:50:01]

SO, UH, REMOVING PARTS OF THE BUILDING OR ALL OF THE BUILDING WHEN THIS IS A REUSE SCENARIO IS NOT REALISTIC, BUT, UM, WHERE WE CAN ACHIEVE GAINS, WHERE WE CAN IMPROVE THE CONDITIONS WE DO THAT.

SO, UH, WITH THIS, UM, ONE OF THE AREAS OF IMPROVEMENT THAT WAS NOTED AND WORKED THROUGH WITH THE APPLICANT IS THE PROVISION OF HANDICAP PARKING.

UM, SO WITH THE PREVIOUS REQUEST, BY MISA MAYA, THEY HAD, UM, CONFORMING, UH, PARKING BILL OVERALL FOR THE SITE, BUT ALSO FOR HANDICAP PARKING.

UH, SO, UH, THEY HAD, UH, INITIALLY, UM, UH, THREE STALLS, UH, INCLUDED, UH, WITH THAT PREVIOUS APPLICATION.

BUT WITH THIS, UH, UH, APPLICATION, WE NOTICE IN THE REVIEW PROCESS THAT, THAT NEVER GOT FULLY IMPLEMENTED.

SO, UH, WITH THIS APPLICATION, THEY'RE CORRECTING THAT THEY'RE PROVIDING ENOUGH HANDICAP PARKING SPACES TO MEET THE BUILDING CODE, BUT IN DOING THAT, UH, THEY HAVE BROUGHT THE, UH, SITE OUT OF COMPLIANCE WITH THE MINIMUM PARKING STANDARDS.

SO THERE'S JUST ONE PARKING SPACE, LESS, BUT BEING ABLE TO MEET THE MINIMUM PARKING STANDARDS FOR HANDICAPPED PARKING WAS A GAIN IN THIS CIRCUMSTANCE.

UH, THE OTHER CONSIDERATION IS LANDSCAPE AREA.

UM, SO THEY DID ADD A VERY SMALL AMOUNT OF LANDSCAPE AREA ON THE WEST SIDE OF THE SITE.

UH, IT'S GREATEST IMPROVEMENT, UH, AS YOU'LL SEE, UM, THE SITE CURRENTLY VERY MUCH APPLIES TO ZERO ESCAPE CONCEPT.

UM, IT'S VERY, UH, SOUTHWESTERN, WHICH CERTAINLY IS APPEALING, BUT IT DOESN'T HAVE AS MUCH, UH, ACTUAL LANDSCAPE AS YOU SEE WITH SOMETHING THAT IS MORE TRADITIONAL.

SO WITH THIS APPLICATION, UH, THEY'VE, UH, ELECTED TO PRESERVE A LOT OF THE EXISTING LANDSCAPE THAT CAN BE PRESERVED, BUT ALSO TO SUPPLEMENT IT, PARTICULARLY ALONG THE NORTHERN AND EASTERN EDGE, PROVIDING A MORE ROBUST, UH, LANDSCAPE SCREENING ELEMENT, UH, FOR THAT PARKING AREA AND ALSO PROVIDING MORE BASE LANDSCAPING AROUND THE BUILDING.

SO LANDSCAPE AREA, UH, HAS SLIGHTLY IMPROVED AND THEY HAVE MORE, UH, LANDSCAPE WITHIN THAT LANDSCAPE AREA, UH, FOR THE, UH, FACADES.

UM, THE BIG CHANGE OBVIOUSLY IS THIS IS GOING FROM ONE BRAND, UH, TO TWO BRANDS.

SO, UH, THEY NEEDED TO MODIFY THAT THE SOD AFTER PAINT DIFFERENT MATERIALS, ADDING, UH, AN ADDITIONAL ENTRANCE, UH, FOR ONE OF THE BUSINESSES, UH, AND THEY'VE LARGELY, UM, MAINTAINED, UH, THE CURRENT, UH, BUILDING AS IT RELATES TO MATERIALS, BUT A SWEET GREEN AS YOU'LL NOTE, UH, PAINTED THEIR SIDE OF THE BUILDING.

IT'S WHITE, UH, UH, MADE, UH, SEVERAL CHANGES TO THE PATIO AREA.

UH, THEY HAVE A LITTLE BIT OF COVERED PATIO AREA AND MUCH MORE UNCOVERED PATIO AREA, AND THEN POST DINO, UH, ADDED, UH, PATIO AREA ON THE EAST SIDE OF THEIR SITES.

UH, SO WITH THIS CASE STAFF, UH, PROVIDED NOTICE TO ADJACENT PROPERTY OWNERS IN ACCORDANCE WITH TOWN AND STATE REQUIREMENTS, UH, SEVEN NOTICES WERE SENT OUT.

WE DID NOT RECEIVE ANY FEEDBACK.

UH, THIS CASE DID GO TO THE PLANNING ZONING COMMISSION FOR CONSIDERATION, UH, IN THEIR MAY MEETING THE COMMISSION RECOMMENDED APPROVAL, UH, SEVEN TO ZERO FOR BOTH CASES WITH THE CONDITIONS IDENTIFIED BY STAFF.

UM, SO WITH THAT, UH, STAFF DOES WISH TO ADVANCE THAT COMMISSION'S RECOMMENDATION AND RECOMMEND APPROVAL OF THEIR REQUESTS WITH THE CONDITION THAT, UH, THE APPLICANTS DO NOT USE ANY TERMS OR GRAPHIC DEPICTIONS THAT RELATE TO ALCOHOLIC BEVERAGES IN ANY EXTERIOR SIGNAGE.

AND THEN THE, UH, SUP ORDINANCE IS THAT WE'RE, UH, FORMALLY, UH, ADOPTED FOR MISA MAYA, BE REPEALED UPON APPROVAL OF A CEO FOR EITHER OF THESE RESTAURANT SPACES.

UM, NONE OF THE APPLICANTS ARE LOCAL.

UM, SO THEY ARE NOT WITH US TONIGHT AND WE DON'T HAVE A ZOOM, SO THEY WILL NOT BE ABLE TO PARTICIPATE.

UM, IF THERE ARE CONDITIONS THAT REQUIRE APPLICANT CONSIDERATION, WE WOULD REQUEST THAT YOU TABLE THE ITEM UNTIL THEY HAVE A CHANCE TO, TO WEIGH IN ON THE REQUEST.

I'D BE HAPPY TO ANSWER ANY QUESTIONS YOU HAVE.

I HAVE A QUESTION CAN SET MESS ON MY ACCESS THERE NOW.

SO TELL ME WHAT KIND OF TIMELINE WE'RE DEALING WITH AND HOW DOES ALL THAT OWNERSHIP CHANGE.

SO, CAN YOU JUST TALK ABOUT THAT A LITTLE BIT? SO THEY'RE A TENANT AND THESE TWO RESTAURANTS WOULD BE TENANTS AS WELL.

SO, UM, NORTHWOOD, UH, IS THE, UH, PROPERTY OWNER.

SO THEY ARE THE DEVELOPER THAT HAS BEEN INVESTING, UH, SIGNIFICANTLY IN THIS QUADRANT OF, UH, BELTLINE AND MOM FRUIT.

SO THEY OWN, UH, PRESTON WOOD PLACE.

SO THE SOUTHEAST QUADRANT OF, UH, BELTLINE AND MOM FOR WHERE

[00:55:01]

WE'VE SEEN A LOT OF RESTAURANT NEW RESTAURANTS, UH, IN RECENT YEARS, CATAPULT HEALTH ON SOME ADDITIONAL BUSINESSES HAD OCCUPIED THAT AREA.

THEN THEY OWN THE RESTAURANT CLUSTER AT THE SOUTHWEST QUADRANT OF BELTLINE AND MONTFORT.

SO BASICALLY EVERYTHING THAT'S NOT IN THE VILLAGE ON THE PARKWAY.

UM, SO THAT INCLUDES THE LOWER SITE, BUT IT'S UNDER CONSTRUCTION.

THIS SITE, UH, THE PANCAKE COWS AND TWIN PEAKS.

UH, SO, UH, THEY HAVE, UH, CONTRACTUAL OBLIGATIONS THAT THEY, UH, WILL COMPLETE WITH A MISA MAYA.

UH, AND THEN THEY'LL MOVE FORWARD WITH, UH, LEASES WITH THESE TWO TENANTS, UH, PROVIDED THAT THEY OBTAIN THE NECESSARY ZONING ENTITLEMENTS.

AND ASSUMING IT'S APPROVED TWIN WITH THAT COME ABOUT, WE WOULD MESS A MILE NO LONGER BECAUSE I DON'T KNOW THE TRANSITION.

UH, FOR ME SOME MAYA I WOULD ANTICIPATE IT WOULD BE FAIRLY QUICKLY.

UH, AND THEN YOU HAVE A FAIR AMOUNT OF WORK, UH, IN ORDER TO CONVERT THIS TO TWO RESTAURANT SPACES.

SO I WOULD ANTICIPATE PROBABLY SPRING OF NEXT YEAR, UH, TO SEE THOSE RESTAURANTS IN THAT SPACE.

SORRY, JUST PASS BY AND TAKE IT.

ANOTHER CLASS MISSILE MAYA STUDENT BUSINESSES ARE NOW, SO SAME LANDLORD OWNS THE SHOPPING CENTER NEXT TO IT.

FLOWER CHILD.

SO AS MERCHANDISE USED TO BE, YOU KNOW, IT'S ALL BENEFIT.

I HAVE A QUESTION MAYOR QUESTION ON THE, UH, WHEN THEY OPEN, IS IT GONNA, IT'S GONNA, FIRST OF ALL, IS GOING TO BE CONSTRUCTED BY THE SAME CONTRACTOR AND DO SIZE, DO YOU KNOW, IS IT SEPARATE CONTRACTORS? IS IT YOU PLAN ON OPENING AT THE SAME TIME? THAT'S HOW, UM, THAT I HAD NOT DISCUSSED.

SOME OF THE IMPROVEMENTS WILL BE THE RESPONSIBILITY OF THE PROPERTY OWNER.

SO LARGELY THE EXTERIOR IMPROVEMENTS, AND THEN THE INTERIOR IMPROVEMENTS WILL BE TENANT IMPROVEMENTS.

I WOULD NOT ANTICIPATE THAT THEY WOULD HAVE THE SAME CONTRACTOR FOR THE TENANT IMPROVEMENTS THAT KID, AND THEY MIGHT GAIN SOME EFFICIENCIES THERE, BUT THEY'RE, UH, DIFFERENT BUSINESSES, DIFFERENT LOCATIONS.

UH, SO I WOULD ANTICIPATE THAT THEY WOULD HAVE THEIR OWN TEAMS, BUT THE EXTERIOR IMPROVEMENTS, UH, WOULD BE THE LANDLORD'S RESPONSIBILITY.

ALSO THAT'S TWO OR THREE FILMS. YES.

ONE MORE QUESTION.

SO, UH, LADIES AND GENTLEMEN, UH, IT HAVE NICE PROPER URI.

SO ANYONE PUBLIC WISH TO SPEAK ON THIS ITEM, PLEASE DO SO.

AND WANT TO HAVE A QUESTION, OR WHAT DO YOU WANT TO TALK ABOUT BESIDE HIM? SO NOBODY IN PUBLIC WISH TO SPEAK ON THIS ITEM.

I HEREBY CLOSE THE AT YOU, IF THERE'S NO FURTHER QUESTIONS.

WE HAVE TO DO TWO PUBLIC HEARINGS.

SO THIS ONE'S JUST FOR NUMBER, NUMBER NINE.

DO I HAVE A MOTION SECOND FOR NUMBER NINE, A SWEET GREEN THE LAST WEEK.

SO I HAVE A MOTION FOR LAURIE AND THE SECOND PHONE YOU HAVE WOKEN THEM HERE OR IN FAVOR OF BCI.

YES.

SO THAT INCLUDES THE REPEAL OF, UH, YES.

PREVIOUS SUP PATIENT, UH, FOR MISALIGNED.

11 PRESENTED DISCUSS CONSIDER ACTION ON ORDINANCE GRANTING THE MERITORIOUS EXCEPTION TO CHAPTER 62 OF THE CODE OF ORDINANCES FOR JAKE BROTHERS, A RESTAURANT LOCATED IN 1, 4, 9, 2 0 WINDOW TO EXCEED THE PERMITTED MAXIMUM LETTER HIGH FOR ATTACHED TO COMMERCIAL TENANT IDENTIFICATION SIGN CASE NUMBER

SO I HAVE MOTION TO SECOND, ALL IN FAVOR, VCI POST.

SO ITEM NUMBER 10, THE AGENDA ITEM NUMBER 10 IS THE PUBLIC HEARING.

IF ANYONE IN THE PUBLIC WISH TO SPEAK ON THIS ITEM, PLEASE DO SO, UM, PRESENT, UH ANYWAY, IN PUBLIC WISH TO SPEAK ON THIS ITEM, IT SAYS, NO, I WOULD PROBABLY WISH TO SPEAK ON THIS IDEA.

I HEREBY CLOSE PUBLIC HEARING AS WELL.

SO DO I HAVE A MOTION TO APPROVE THIS ITEM OR MAC EMOTIONAL IN CASE 1848, SUP SHEEPY, UM, WITH THE APPROVAL OF THE REQUEST WITH THE FOLLOWING CONDITIONS, UM, THAT THE TERMS OF THE PATIENTS AND THE FEEL OF THE MESS? UM, WELL, SHOULDN'T FIND CANCER SECOND, ALL IN FAVOR TO OPPOSE THIS ITEM, PLEASE SAY I, AYE.

AYE, AYE, 10

[11. Present, Discuss, and Consider Action on an Ordinance Granting a Meritorious Exception to Chapter 62 of the Code of Ordinances for Jakes Burgers, a Restaurant Located at 14920 Midway Road, to Exceed the Permitted Maximum Letter Height for an Attached Commercial Tenant Identification Sign. Case MR2022-06/Jakes Burgers. ]

[01:00:01]

22 0 6, JACE BURGERS.

10.

MAYOR KEN SCHMIDT, DIRECTOR OF DEVELOPMENT SERVICES FOR THE TOWN OF ADDISON.

SO THE REQUEST IS FOR AN, A RESTAURANT THAT IS CURRENTLY UNDER CONSTRUCTION AND GETTING READY TO OPEN UP AT THE NORTHEAST CORNER OF MIDWAY ROAD AND BELTWAY DRIVE.

THE APPLICANT IS JAKE'S BURGERS.

UH, THE REQUEST RELATES TO THEIR ATTACHED TENANT SIGNAGE.

SORRY, THERE WE GO.

UH, THAT WILL BE AT THE, UH, NORTHWEST FACADE.

SO IT'S REALLY THAT SIGNAGE IS ENGAGING THE CORNER OF MIDWAY, UH, AND BELTWAY.

UH, IT, THE, UH, IS TECHNICALLY AS HOW WE WOULD APPLY THE SIGN CODE.

IT HAS FRONTAGE, UH, TOWARDS, UH, BOTH THOROUGHFARES.

UH, AND SO, UM, WITH THIS SIGN, THEY'RE SEEKING A MERITORIOUS EXCEPTION DUE TO THE SIGNS OF THE LETTERING.

UH, WE REGULATE, UH, SIGN LETTERING, UH, BASED ON, UH, SEVERAL CONDITIONS, UH, THE HEIGHT OF THE SIGN ON THE BUILDING.

AND THEN, UH, IT'S A RELATION TO THE ADJACENT THOROUGHFARES.

SO THE DISTANCE BETWEEN THE SIGN AND THE THOROUGHFARES AND BECAUSE THE SIGN IS UNIQUELY POSITIONED WITH A FRONTAGE TOWARDS BOTH MIDWAY AND BELTWAY, TYPICALLY, UH, THE APPROACH WE TAKE IS TO APPLY THE MOST RESTRICTIVE REQUIREMENTS AS IT RELATES TO SIGN LETTERING.

SO IN THIS CASE, UM, THAT WOULD BE THE SETBACK, UH, FROM BELTWAY DRIVE, WHICH YOU CAN SEE HERE IS, UH, 84 FEET, UH, FROM MIDWAY ROAD, UH, SETBACK AS 112 FEET.

SO THAT, UM, MORE RESTRICTIVE 84 FEET, UH, SETBACK, UH, REQUIRES A SIGN LETTERING, UM, MUCH SMALLER THAN WHAT IS PROPOSED AT FOR, UH, THE MOST PROMINENT LETTER, UH, IN GEOX BURGERS.

UM, SO WITH THE PROPOSAL, UH, THE APPLICANT HAS REQUESTED A MAXIMUM LETTER HEIGHT OF 30 INCHES, WHICH YOU SEE WITH THE J AND JAKE'S BURGERS.

AND THEN, UM, MOST OF THE OTHER LETTERING HAS A HEIGHT OF 19 INCHES, WHICH WOULD COMPLY WITH THE CODE.

SO THE ONLY LETTER, THE ONLY COMPONENT OF THE SIGN THAT DOES NOT MEET TOWN SIGN CODE IS THE J AND J YEAH, J JOE.

SO, UM, WITH THE MERITORIOUS EXCEPTION PROCESS, IT HAS LANGUAGE THAT, UM, ALLOWS FOR CONSIDERATION FOR EXCEPTIONS, UH, AS IT RELATES TO, UH, HARDSHIPS.

SO, UM, WHERE APPLYING, UH, THE CODE, UH, AS IT IS, UH, WRITTEN, UH, CREATES A HARDSHIP FOR THE APPLICANT, UM, GIVEN THE UNIQUENESS OF THIS LOCATION, UH, WHERE IT HAS FRONTAGE ON TWO THOROUGHFARES.

AND, UH, THE MOST PROMINENT THOROUGHFARE IS GENERALLY THE ONE THAT, UH, WOULD DICTATE VISIBILITY, UM, MIDWAY ROAD.

UH, WE FEEL THAT APPLYING THE REQUIREMENTS JUST TO BELTWAY AND TRIGGERING THE, UH, MORE RESTRICTIVE REQUIREMENT IS NOT NECESSARILY, UH, THE APPROPRIATE APPROACH.

AND IT DOES CREATE A BIT OF A HARDSHIP, UH, FOR THIS APPLICANT, GIVEN THAT IT IS ON A MAJOR THOROUGHFARE AND, UH, THE SIGNAGE RESTRICTION REALLY RELATES MORE TO A, UH, UH, MUCH MORE, UH, LOW VOLUME THOROUGHFARE.

UH, SO WITH THAT, UH, STAFF DOES RECOMMEND APPROVAL OF THE REQUEST TO HAVE THE 30 INCH LETTERING AS DEPICTED IN THE SIGN, UH, FOR JAKE'S BURGERS, UH, IT'S, UH, APPROPRIATELY ADJUSTED AS EACH STREET AND, UH, FITS THE BUILDING AND IS IN SCALE WITH THE BUILDING.

UH, WE DO HAVE THE APPLICANT HERE, UH, THAT COULD ADDRESS ANY QUESTIONS AND I CAN ADDRESS ANY QUESTIONS AS WELL.

OWN AN OPERATE FLUIDS, BARBERSHOP AND ADDISON, AND WE OFFICE IN, UH, ADDISON CIRCLE.

MY QUESTION IS EVERY DAY WE PASS THEM BY, WE SEE, UH, IT'S UNDER CONSTRUCTION.

EVERYBODY ASKS WHAT YOU ALSO ACCOMMODATING TAKE OVER THE BLUE GOOSE IN A HOT MOYER WOULD TAKE THAT'S MY QUESTION.

YOU WANT TO JUST GO UP TO SAY, YEAH, LET ME JUST OPEN UP UP HERE SO WE CAN ASK ALL THE QUESTION WE WANT.

MAYBE THIS IS NICE, OR THIS IS, OH, THIS JUST PRESENTS THAT.

I APPRECIATE IT.

I'M COURTNEY LINLEY.

I'M THE OWNER OF JAKE'S.

WE ACTUALLY

[01:05:01]

BUT, UM, YES, WE ARE TRYING TO OPEN UP THE EARLY PART OF JULY IS OUR PLAN HERE.

OBVIOUSLY WE WANTED TO MAKE SURE THAT IT'S JUST A CONSTRUCTION TIMELINE NOW DOWN TO A FEW ITEMS THAT, UH, THERE'S SOME ELECTRICAL THINGS THAT WE'RE WAITING ON TO COME, UH, TO BE SHIPPED TO US.

AND, UH, AND THEN HONESTLY JUST MAKING THE SIGN, THAT'S KIND OF WHAT WE'RE DOWN TO ON, UH, ITEMS THAT WERE WAITING.

SO OUR GOAL WAS TO OPEN UP, UH, THE EARLY PART OF JULY QUESTION FOR HIM.

COURTNEY CAN TAKE A MOMENT TO SELL YOUR RESTAURANT TO US.

TELL US A LITTLE BIT MORE ABOUT, YEAH, ABSOLUTELY.

SO, UM, JAKE'S, UH, IT USED TO BE JAKE'S BURGER AND BEER.

WE ACTUALLY WERE, UH, DOWN OFF THIS, THIS WAS USED TO OWN IT, UH, BE OPERATED BY GREG GARVEY.

UM, AND WE BOUGHT THE COMPANY, UH, TWO YEARS AGO FROM GREG AND IT'S BEEN AN AMAZING COMPANY THAT HAS GROWN.

IT HAS EIGHT UNITS CURRENTLY.

AND, UH, WE, WE TOOK IT FROM JAKE'S BURGERS AND BEER TO, BECAUSE WE THINK IT'S SO MUCH MORE THAN THAT IT'S CHEESEBURGER OR JUST JAKE SINCE 1995 NOW.

CAUSE WE'VE GOT BURGERS BEER, BUT WE ALSO HAVE SALAD SANDWICHES.

IT'S MUCH MORE, UM, FROM OUR KITCHEN CAN REALLY COOK ANYTHING.

LIKE, I MEAN, LIKE WE'VE GOT, IF YOU THINK OF LIKE BREADWINNER'S BREAKFAST, THAT'S WHAT WE'VE GOT.

I MEAN, WE'VE GOT, WE'VE GOT ALL OUR COOKS CAN KIND OF COOK EVERYTHING CAUSE WE'VE GOT FLAT TOPS.

SO YOU CAN, YOU REALLY CAN COOK ANY AND EVERYTHING THAT, UH, WE DON'T HAVE AN OPEN FLAME, UH, YOU KNOW, AND SO, SO FROM OUR STANDPOINT, IT'S ONE OF THOSE THAT KIND OF SERVICES.

THE NEIGHBORHOOD IS THE COMMUNITY.

WE REALLY WANT TO CONNECT ALL THE SCHOOLS IN THE AREA AND ALL, ALL OF THE CUSTOMERS THAT ALLOW THEM TO GO HAVE A PLACE TO HANG OUT AND BEING KIND OF THAT NEIGHBORHOOD SPOT.

SO WE'RE EXCITED TO BE HERE OBVIOUSLY.

UM, YOU KNOW, FROM, FROM THE SIGNAGE, I KNOW Y'ALL ARE LOOKING AT APPROVING THIS, BUT IT'S, IT'S, WE'RE TRYING TO CLEAN UP THAT BUILDING.

OBVIOUSLY WE'VE PUT A BUNCH OF MONEY INTO THAT BUILDING AND KIND OF TAKE IT DOWN TO THE STUDS AND REDID IT.

UM, SO WE'RE EXCITED ABOUT THE PRODUCT THAT WE'RE GONNA PUT OUT THERE FOR EVERYBODY HERE.

EXCELLENT QUESTION MORE QUESTIONS.

THANK YOU GUYS.

I, I SEE NO PROBLEM WITH JUST ONE.

GEL IS A LITTLE BIGGER.

JUST REMEMBER THE LAST MEETING WE APPROVED THAT THE SAME THING THEY MIGHT TEND TO THE LOGO.

JUST ONE LETTER IS BIGGER, SO IT'S ARTISTIC.

IT'S THE LOGO.

SO I, I DON'T HAVE A WITH THAT.

UM, I'M GOOD WITH THIS.

I, YEAH, THIS SEEMS LIKE A LOGICAL, UH, EXCEPTION.

OH, I LIKE THE RECOMMENDATION FROM STAFF THAT IT DOES MEET THE HARDSHIP CRITERIA.

CLEVER NOT BEING MORE FORCEFUL ON THE DISTANCE AS WE COULD BE.

SO I APPRECIATE THAT.

HAPPY TO SEE THE SPACE FILLED WITH SOMETHING THAT'S, YOU KNOW, GOING TO BE COMMUNITY ORIENTED TOO.

THAT'S THAT'S A GOOD THING.

WE DON'T HAVE AS MANY SCHOOLS IN THE AREA AS SOME OTHER AREAS, BUT WE DO.

WE HAVE A COUPLE, I WAS THINKING ABOUT VISIBILITY ON IT.

MOST OF THE VISIBILITY WOULD BE FROM THE SOUTHBOUND TRAFFIC ON MIDWAY, WHICH IS EVEN MUCH FURTHER THAN THE 12 HOURS APART.

DO I EMOTION MOVE, MOVE, MOVE APPROVAL.

YES.

SECOND.

SO IN MOTION, SECOND VOLUNTEER AND GUNNER ALL IN FAVOR TO APPROVE THIS SIDE AND PLEASE SAY, AYE.

WE WILL HAVE TO GO DO RIBBON CUTTING.

[12. Present and Discuss the Proposed 2022 General Obligation Bonds and 2022 Certificates of Obligation. ]

RATES THAT CUSTOMERS PAY EACH WEEK OR EACH MONTH.

ITEM 12.

PRESENT IS PROPOSED 2022 GENERAL OBLIGATION BONDS AND 2022.

SO IF IT GETS OF OCCUPATION, STEVEN, THANK YOU MAYOR.

GOOD EVENING.

MAYOR AND COUNCIL, STEVEN GLICKMAN, CHIEF FINANCIAL OFFICER.

AND THIS EVENING BEFORE YOU, WE HAVE OUR PLAN, UH, CAPITAL IMPROVEMENTS AND BOND ISSUANCE, UH, FOR 2022.

SORRY ABOUT THAT.

SO OUR PROPOSED 2022 BOND ISSUANCE INCLUDES A TOTAL ISSUANCE IN THE AMOUNT OF 23,000,500, $18,000, UH, INCLUDED IN THAT BOND ISSUANCE PLAN IS A GENERAL OBLIGATION, UH, GEO BOND ISSUANCE IN THE AMOUNT OF 10 MILLION, $518,000.

UH, THOSE, UH, GEO BONDS HAD BEEN PREVIOUSLY APPROVED BY VOTERS IN VARIOUS, UH, UH, BOND ELECTIONS IN 2012 AND 2019.

AND THEN WE HAVE A PROPOSED CERTIFICATE OF OBLIGATION, UH, ISSUANCE, AND THE AMOUNT OF $13 MILLION, $10 MILLION IS SUPPORTED BY PROPERTY TAXES, WHICH IS PART OF THE TAX RATE.

AND THEN $3 MILLION IS SUPPORTED BY, UH, THE UTILITY FUND, WHICH IS PART OF THE UTILITY

[01:10:02]

UH, THE TOTAL, UH, GEO, UH, ISSUANCE IN THE AMOUNT OF 10,000,500, 18,000, UH, INCLUDES, UH, PROPOSITION ONE THAT WAS APPROVED BY VOTERS BACK IN 2008, 2012, UH, OR A RECONSTRUCTION OF MIDWAY ROAD.

UH, THIS IS THE FINAL $5 MILLION FROM THAT, UH, AMOUNT THAT WAS, UH, APPROVED, UH, FOR $16 MILLION BACK IN 2012.

UH, AND THEN COUNCIL HAS APPROVED A CONTRACT FOR THE CONSTRUCTION OF A MIDWAY ROAD, UH, BACK ON DECEMBER 8TH AND CONSTRUCTIONS CURRENTLY IN PROGRESS WITH THE ANTICIPATED COMPLETION DATE SOMETIME IN FISCAL YEAR 2024, UH, THEN THE, UH, GEO BOND, UH, PROPOSED, UH, FOR 2022 ALSO INCLUDES A PROPOSITION C FROM THE 2019 A BOND ELECTION.

AND THIS IS FOR, UH, IMPROVEMENTS TO EXISTING, UH, PARKS AND RECREATION FACILITIES.

UH, THIS IS FOR LATE LOCKS, POND IMPROVEMENTS IN THE AMOUNT OF 3 MILLION, $213,000.

AND THERE WILL BE A CONTRACT COMING THROUGH FROM THE DESIGN OF THOSE IMPROVEMENTS OVER THE NEXT TWO MONTHS.

AND THEN WE HAVE PROPOSITION D, WHICH WAS IMPROVEMENTS TO FACILITIES.

THAT AMOUNT IS 2 MILLION, $305,000.

AND THAT ISSUANCE INCLUDES, UH, ROOF REPLACEMENTS, UH, HVACS, HVAC, AND PLATE REPLACEMENTS, AND ADA IMPROVEMENTS AT VARIOUS TOWN FACILITIES.

SO WHAT WE'VE DONE SINCE THE 2019 BOND ELECTION, WE'VE, WE'VE SHOWN THIS SLIDE JUST TO GIVE A GLIMPSE OF WHAT VOTERS WERE TOLD BACK IN 2019.

UM, WHAT WE ORIGINALLY WERE PROJECTING THAT, UH, THESE, UH, BOND, UH, PROPOSALS WOULD COST THE VOTERS AND THEN HOW WE NOW ANTICIPATE THOSE COSTS TO COME IN.

SO BACK IN 2019 VOTERS WERE TOLD THAT THE ENTIRETY OF THE BOND PACKAGE WOULD COST 10.31 CENTS.

AND WHEN WE LOOK AT WHAT WE'RE ISSUING FROM THE 2019 BOND BOND ELECTION, UH, WITH THIS PROPOSED ISSUANCE, UH, THAT WOULD COST ABOUT 0.8, 3 CENTS ON THE TAX RATE AND WHAT WE'RE PROJECTING TO ACTUALLY FOR IT TO ACTUALLY COST IS ABOUT 0.7, 8 CENTS.

SO IT'S ABOUT 6% LESS THAN WHAT VOTERS WERE TOLD BACK IN 2019.

THEN THE PROPOSED A CERTIFICATE OF OBLIGATION ISSUANCE AND THE AMOUNT OF $13 MILLION, 10 MILLION OF THAT IS ALSO FOR THE RECONSTRUCTION OF MIDWAY ROAD.

AND THIS IS SUPPORTED BY PROPERTY TAX REVENUE.

AND THEN BACK ON NOVEMBER 13TH, 2018, THE CITY COUNCIL DIRECTED THE CITY MANAGER TO PROCEED WITH THE ISSUANCE OF CERTIFICATES OF OBLIGATION, UH, FOR THIS PROJECT.

AND THIS WOULD BE THE FINAL ISSUANCE COUPLED WITH THE $5 MILLION GENERAL OBLIGATION BONDS TO COMPLETE THAT MIDWAY ROAD RECONSTRUCTION PROJECT.

THEN THE REMAINING $3 MILLION IS FOR UDALL UTILITY FUND CAPITAL IMPROVEMENT PROJECTS.

AND AGAIN, THOSE PROJECTS ARE SUPPORTED AND THE DEBT SERVICE FOR THAT $3 MILLION IS SUPPORTED BY THE RATES THAT OUR CUSTOMERS PAY IN THEIR UTILITY BILLS EACH MONTH.

AND THEN THIS IS ANOTHER LOOK AT THE OVERALL TAX RATE IMPACT THAT VOTERS WERE TOLD BACK IN 2019, WHAT THIS BOND PROGRAM WOULD, WOULD COST THEM.

SO IF WE LOOK AT THE CURRENT THIS YEAR, WE'RE IN, WHICH IS THE FOURTH LINE DOWN 2022, YOU LOOK ALL THE WAY ON THE RIGHT.

THE TOTAL PROJECTED TAX RATE IS 21 POINT 22 CENTS.

SO OUR CURRENT TAX RATE IS 17.35 CENTS THAT SERVICE DEBT SERVICE TAX RATE.

CORRECT.

SO OUR CURRENT DEBT SERVICE TAX RATE IS 17.35 CENTS, WHICH IS ABOUT 4 CENTS LOWER THAN WHAT VOTERS WERE TOLD BACK IN 2019.

NOW, IF YOU SKIP DOWN TO THE NEXT SLIDE FOR 2023, UH, VOTERS WERE TOLD THAT THEIR DEBT SERVICE TAX RATE WOULD BE 23.11 CENTS.

UM, WHEN WE GET TO DISAGREE YEAR 2023, WHICH IS OUR NEXT FISCAL YEAR.

SO WHEN WE LOOK AT WHAT HAS ACTUALLY OCCURRED, AS I SAID FOR YEAR 2022, UH, THE FAR RIGHT IS THE ACTUAL TAX RATE CURRENTLY, WHICH IS 17.35 CENTS FOR OUR DEBT SERVICE.

AND THEN WITH THIS PROPOSED ISSUANCE, WHAT WE'RE, WHAT WE ARE PROJECTING IS THAT THIS WOULD, UH, INCREASE THE DEBT SERVICE TAX RATE TO 19.57 CENTS, WHICH IS STILL ABOUT THREE AND A HALF CENTS LOWER THAN WHAT VOTERS WERE TOLD BACK IN 2019.

SO OUR TIMELINE FOR THIS PROPOSED A BOND PLAN IS MAY 16TH.

WE'RE HERE TO NOT PRESENTING THE PLAN TO THE CITY COUNCIL ON JUNE, JUNE 14TH.

WE WOULD BRING FORWARD A ORDINANCE THAT WOULD AUTHORIZE US TO PROCEED WITH THE NOTICE OF INTENT TO ISSUE THE CERTIFICATE OF OBLIGATION.

SO WE WOULD PUBLISH THOSE NOTICE OF INTENT ON JUNE 20TH, WHICH IS ABOUT ONE WEEK

[01:15:01]

AFTER THAT.

AND THEN THE FOLLOWING WEEK, UH, SEVEN DAYS AFTER THAT, WE WOULD PUBLISH THE SECOND NOTICE OF INTENT TO ISSUE THOSE CERTIFICATES OF OBLIGATION.

UH, THEN, UH, ON THE WEEK OF JULY 11TH, WE WOULD HAVE RATINGS CALLS WITH BOTH, BOTH THE S AND P AND MOODY'S.

THEN WE WOULD RECEIVE THOSE RATINGS, UH, BY JULY 27TH AND THEN ON THE AUGUST NIGHT, UH, WHICH IS A COUNCIL MEETING DAY ON THAT TUESDAY DURING THE MORNING, WE WOULD HOLD COMPETITIVE SALES.

THE WERE BOTH OF THE ISSUANCES ON THE GEO BONDS AND THE CEO BONDS, UH, TWO SEPARATE COMPETITIVE SALES.

AND THEN, UH, THAT EVENING, UH, THERE WOULD BE AN ORDINANCE PRESENTED TO THE CITY COUNCIL, UH, FOR EACH SALE, UH, AUTHORIZING THE SALE, WHICH WOULD INCLUDE THE SALE INFORMATION AND THE PRICING INFORMATION IN THAT ORDINANCE.

AND THAT WILL BE PRESENTED TO THE CITY COUNCIL THAT NIGHT.

AND THEN, UH, ASSUMING THAT ALL THAT WAS APPROVED ON SEPTEMBER 7TH, WE WOULD ANTICIPATE CLOSING THE DEAL AND RECEIVING THE BOND PROCEEDS, UH, ON SEPTEMBER 7TH, STEVEN QUESTION.

UM, CAN YOU EXPLAIN THE DIFFERENCE BETWEEN GIOVANNI GENERAL OBLIGATION BOND AND CERTIFICATE OF OBLIGATION SINCE THE NEW CONCEPT MIDNIGHT? SURE.

UH, SO GENERAL OBLIGATION BONDS ARE, UH, BONDS THAT HAVE BEEN APPROVED BY VOTERS.

SO YOU'VE HAD A BOND ELECTION AND VOTERS HAVE GONE TO THE BALLOT BOX AND APPROVED, UH, THE OCCURRENCE OF THIS DEBT FOR THESE PROJECTS.

A CERTIFICATE OF OBLIGATION, UH, IS A LITTLE BIT MORE RESTRICTED IN WHAT IT CAN BE USED FOR.

UM, THESE, UH, ARE, BUT WHAT THE STATE HAS NOW DEFINED AS DESIGNATED INFRASTRUCTURE BECAUSE IT'S FOR A STREET.

UH, AND THEN THE OTHER PART IS FOR UTILITY FUND IS SELF-SUPPORTING.

SO IT'S NOT PART OF THE TAX RATE.

UM, SO THOSE CAN BE ISSUED FOR BASE NOW, BASICALLY ANY PURPOSE, REALLY, OTHER THAN BUILDING A NEW FACILITY OR, UH, THEY, THEY KIND OF EXCLUDED SOME RECREATION AND LIBRARY TYPE THINGS, BUT THIS IS, THIS IS A DEBT THAT'S ISSUED, UH, BY AUTHORIZATION OF THE COUNCIL.

SO WHAT WE'RE REQUIRED TO DO TO ISSUE IT, UH, ADVERTISE IT.

WE PUT A NOTICE IN THE PAPER AND IT ALLOWS PEOPLE TO, UM, YOU KNOW, COME IN AND TALK TO THE COUNCIL PRIOR TO, UH, YOU KNOW THE APPROVAL OF THOSE BONDS OR THOSE BONDS BEING ISSUED.

UM, BUT IT ALSO GIVES THEM THE ABILITY IF THEY WANT TO PETITION THAT THEY COULD, YOU KNOW, GET THOSE PUT ON A BALLOT RATHER THAN IT BEING ISSUED THROUGH THIS MECHANISM.

AND, AND THE REASON WHY THEY'RE BEING USED WITH MIDWAY ROAD IS BECAUSE BACK IN 2012, WHEN THAT VOTER, UM, APPROVED, UH, UH, REFERENDUM, THAT REFERENDUM, UM, PROGRAM WAS, WAS, WAS PUT FORWARD.

UM, THE AMOUNT AT THAT TIME WAS $16 MILLION.

THE PROJECT, IT WAS ACTUALLY $40 MILLION.

SO INSTEAD OF TRYING TO GO, WE WANTED TO KEEP THINGS GOING.

AND SO INSTEAD OF TRYING TO WAIT AND SEE IF VOTERS WOULD APPROVE AN ADDITIONAL AMOUNT, ASSUMING THAT THEY HAD ALREADY APPROVED ONE, WE HAD A CONVERSATION WITH THE COUNCIL AND THAT'S WHAT, UH, STEVEN REFERENCED THAT, WHERE THE COUNCIL DIRECTED ME TO USE CERTIFICATES OF OBLIGATION TO FUND THE REMAINDER OF THE, UH, THE MIDWAY ROAD PROJECT, SO THAT, OH, SO I THINK THE COO IS BACKED UP BY THE SPECIFIC TAX REVENUE.

TH THERE IS A PLEDGE OF PROPERTY TAX.

AND THEN FOR LIKE, FOR THE, FOR INSTANCE, THE UTILITY BONDS, THOSE HAVE A PLEDGE OF, OF THE REVENUE FROM, UH, FROM THE UTILITY TO TODAY.

CORRECT.

ANY MORE QUESTION WERE, I'D LIKE TO MAKE A COMMENT, THANK YOU FOR THE PRESENTATION.

AND THANK YOU FOR THE RESPONSE TO THE QUESTION THAT WAS SENT BY COUNCIL, OR EXCUSE ME, BY THE STAFF.

I WOULD ASK THAT WE INCLUDE THE HISTORICAL SALES INFORMATION SPREADSHEET THAT WAS SENT TO US INTO THE MEETING MINUTES.

ANIMAL QUESTION, THIS, THIS, YOU DON'T HAVE TO MAKE DECISIONS.

IT'S JUST PRESENTED THIS.

SO NO QUESTION.

I TELL THEM THE 13 PRESENT DISCUSSED THE FINANCE DEPARTMENT, QUARTERLY FINANCIAL REPORT OF THE TOP OUT OF SET FOR THE FISCAL YEAR 20 22 7 QUARTER ENDED MARCH 31ST, 2022.

[13. Present and Discuss the Finance Department Quarterly Financial Report of the Town of Addison for the Fiscal Year 2022 Second Quarter Ended March 31, 2022.]

STEVEN, THANK YOU, MAYOR AND COUNCIL, STEVEN GLICKMAN, CHIEF FINANCIAL OFFICER.

AND, UH, THIS EVENING WE HAVE FOR YOU THE QUARTERLY FINANCIAL REPORT FOR THE SECOND QUARTER OF FISCAL YEAR 2022.

THIS ENCOMPASSES, UH, DATA, UH, FROM OCTOBER 1ST, 2021 THROUGH MARCH 31ST, 2022.

SO OUR EXECUTIVE DASHBOARD LOOKING AT OUR KEY REVENUE SOURCES, YOU CAN SEE

[01:20:01]

A BEGINNING WITH AD VALOREM TAXES SO FAR.

UM, I'M SORRY, STEVEN, REAL QUICK TO INTERRUPT YOU.

CAUSE WE DO HAVE NEW COUNCIL MEMBERS.

COULD YOU JUST TAKE A MINUTE AND SHOW THE POSITIVE MORNING NEGATIVE? OH YEAH.

AS YOU'RE LOOKING AT THESE REPORTS, THERE'S, THERE'S A CODING SYSTEM OR A COLOR CODING SYSTEM.

GREEN IS, YOU KNOW, SIMILAR TO, UH, YOU KNOW, AS A STOPLIGHT.

IT'S GOOD.

GREEN MEANS GO MEANS EVERYTHING'S GOING AWAY.

WE WOULD HOPE A YELLOW WOULD BE SOMETHING THAT'S HISTORICALLY NOT IN LINE WITH, WITH WHAT WE'VE SEEN, UM, OR OUT OF LINE WITH, UH, WITH WHAT ARE OVERESTIMATING.

AND THEN, UH, REN WOULD BE, UM, NEGATIVELY, UH, SOMETHING THAT IS MORE THAN 5%, UH, VARIANCE FROM WHAT WE'VE HISTORICALLY SEEN, UH, OR WHAT WE'RE ESTIMATING.

SO, SO YELLOW IS A, IS THREE TO 5% DIFFERENCE FROM A HISTORICAL RED IS 5% MORE THAN HISTORICAL.

AND THEN GREEN IS RIGHT IN THAT EITHER EXCEEDING OR JUST SLIGHTLY BELOW.

UH, GREAT.

UH, SO GOING FORWARD TO A KEY REVENUE SOURCES, SO ADD MORE PROPERTY TAXES, UH, FOR THE GENERAL FUND, UH, THOSE HAVE BEEN COLLECTED AT 100, 2.3% SO FAR.

NOW I ANTICIPATE, UH, THERE'S A LOT OF LAWSUITS PENDING.

SO AS THOSE GET WORKED OUT, WE WOULD HOPEFULLY SEE THAT COME BACK.

WELL, IT DOESN'T HAVE TO GO BACK, BUT IT COULD DROP BACK DOWN CLOSER TO WHAT WE BUDGETED A NON-PROPERTY TAXES FOR THE GENERAL FUND.

THIS INCLUDES, UH, BOTH SALES TAX AND MIXED BEVERAGE TAXES.

UH, THOSE ARE AT 60, JUST OVER 60% COLLECTED THROUGH 50% OF THE FISCAL YEAR.

SO PERFORMING WELL ABOVE WHAT WE WOULD ANTICIPATE A HOTEL TAX.

AND THIS IS THE ONLY AREA THAT'S HIGHLIGHTED IN YELLOW.

AND AS I MENTIONED AT OUR LAST MEETING, THIS IS A LAST MEETING WAS THE FIRST TIME THIS HAD BEEN HIGHLIGHTED IN YELLOW SINCE COVID, UH, SO WE'RE, WE'RE GETTING THERE.

IT'S NOT COMPLETELY BACK, BUT AT 42%, IT'S A LOT BETTER THAN WHAT HAS BEEN.

UH, THEN WE HAVE OUR FRANCHISE FEES AND THE GENERAL FUND.

THOSE ARE OVER 50%.

SO PERFORMING WELL, WE HAVE OUR SERVICE PERMITTING LICENSE FEES IN THE GENERAL FUND, UH, JUST UNDER 50% SO FAR, UH, FINES AND PENALTIES, UH, AT ABOUT 55%, OUR SPECIAL EVENT REVENUES AT 23%.

AND THE REASON THAT'S GREEN IS BECAUSE ALL OF OUR MAJOR SPECIAL EVENTS HAVE NOT OCCURRED YET.

SO ALL THAT REVENUE WILL COME IN.

AND SO, SO AS THOSE EVENTS OCCUR, THAT REVENUE WILL JUMP UP THERE.

SO IT'S IN LINE WITH WHAT WE'VE HISTORICALLY SEEN AT THIS TIME.

AND THEN WE HAVE OUR FUEL FLOW, WHICH FEEDS FOR THE AIRPORT, UH, OVER 70%, SO FAR.

SO PERFORMING VERY WELL AND THEN WATER AND SEWER CHARGES FOR THE UTILITY FUND AT ABOUT 47.7%.

AND THOSE ARE, UM, OR, UH, SEASONAL.

SO, SO WE SEE MORE WATER USAGE, OBVIOUSLY DURING SPRING AND SUMMER.

SO THIRD AND FOURTH QUARTER, WE'LL SEE THOSE REVENUES GENERALLY ARE HIGHER THAN WHAT THEY ARE IN THE FIRST AND SECOND.

THEN WE HAVE OUR KEY EXPENDITURES FOR THE GENERAL FUND WE'RE AT ABOUT 46% OF OUR SO FAR.

SO, UH, PERFORMING A LITTLE BETTER THAN ANTICIPATED A HOTEL FUND IS AT 26%.

AND AGAIN, WITH THE SPECIAL EVENTS OCCURRING LATER IN THE YEAR, AND NONE OF THOSE ARE THE MAJORITY OF THOSE EXPENDITURES HAVE NOT OCCURRED YET.

UH, ECONOMIC DEVELOPMENT.

WE'RE A 30.6%, UH, AIRPORT WE'RE AT 48.3%.

AND THEN IN THE UTILITY FUND, WE'RE JUST OVER 50%, 51%.

AND THE REASON FOR THAT IS BECAUSE OUR DEBT SERVICE PAYMENTS ARE PAID IN THE SECOND QUARTER.

SO ABOUT 10% OF THAT BUDGET GETS PAID OUT IN ONE LUMP SUM, WHICH IS ABOUT $1.2 MILLION.

SO THAT'S WHY THAT'S A LITTLE OVER, OVER 50% NOW, LOOKING AT PERSONNEL INFORMATION, THERE WERE A 20, UH, SEPARATIONS, UH, IN THE SECOND QUARTER, 17 OF THOSE WERE FULL-TIME POSITIONS, UH, SEVERAL, UH, RETIREMENTS AND, UH, BOTH THE PARKS DEPARTMENT POLICE DEPARTMENT.

UH, THERE WERE ALSO, UH, THREE, UH, UH, CHANGES THERE IN THE PUBLIC TORCH DEPARTMENT.

UH, THE NEW HIRES, WE HAD 10 TOTAL NEW HIRES, UH, TWO OF THOSE IN PARKS, TWO IN HUMAN RESOURCES, AND THEN ONE IN SPECIAL EVENTS, RECREATION, UH, PUBLIC WORKS IT, AND THEN ONE IN FINANCE AND THEN THE PUBLIC SAFETY SWORN POSITIONS DOWN ON THE BOTTOM LEFT, UH, AS OF THE END OF THE QUARTER, UH, ALL THE POSITIONS THAT WERE BUDGETED AS FAR AS THEIR SWORN POSITIONS OR BELIEFS, AND THEN FIRE, ALL OF THOSE WERE FILLED TO A HUNDRED PERCENT.

THAT'S OUR ECONOMIC INDICATORS.

YOU CAN SEE THE UNEMPLOYMENT RATE FOR DFW ON THE TOP LEFT.

YOU CAN SEE IT'S BEEN TRENDING VERY LOW, UH, VIA THE NEXT EVENT.

HOTEL REVENUE PER AVAILABLE ROOM, UM, HAS GONE UP PRETTY SIGNIFICANTLY OVER THE LAST QUARTER.

AND I THINK SO DATA, THAT'S

[01:25:01]

NOT QUITE OUR REPORT THAT'S HAPPENING NOW, UH, IS EVEN GOING TO SHOW A SIGNIFICANT UPSWING AS WE GET TO THE THIRD AND FOURTH QUARTER.

SO I'M PRETTY OPTIMISTIC ON THE HOTEL FUND THERE.

UH, THEN GOING FURTHER TO THE RIGHT, THE HOTEL STATISTICS, THIS A GREEN BAR IS THE ROOM RATE.

SO YOU CAN SEE ROOT RATES WERE PRETTY LOW ABOUT, UH, 15 MONTHS AGO, THEY JUMPED UP AND STAYED PRETTY CONSISTENT.

I THINK WHAT WE'RE GOING TO SEE IN APRIL AND GOING FORWARD IS THAT THOSE HAVE TAKEN KIND OF ANOTHER JUMP FORWARD, WHICH WE'LL WE'LL SHOW.

UH, THEN WE HAVE A REVENUE PER WEEK PER AVAILABLE ROOM, SAME KIND OF THING.

UH, THE BLUE BAR THERE IS PRETTY LOW THERE FOR THE FIRST QUARTER OR THE SECOND QUARTER OF FISCAL YEAR 21, BUT IT GOES UP PRETTY SIGNIFICANTLY.

AND THEN IT SEEMS TO GO UP AGAIN THERE IN MARCH OF 2022, THEN YOU CAN SEE THE OCCUPANCY AS WELL, A PRETTY BIG INCREASE THERE IN FEBRUARY AND MARCH OF 2022.

UH, GOING DOWN TO THE OCCUPANCY INDICATORS, THE OFFICE OCCUPANCY IS DOWN 1% YEAR OVER YEAR AT 78.2%.

OUR RETAIL OCCUPANCY IS VERY STRONG AT 94.5% ON A 5.4% INCREASE A HOTEL OCCUPANCY FOR THE QUARTER WAS 25.6%.

THAT IS A 12.7% INCREASE YEAR OVER YEAR.

AND THEN THE, THE BIG NUMBER IS THE REVENUE PER AVAILABLE ROOM JUMPED UP TO JUST UNDER $54 FOR THE QUARTER.

SO THAT'S A 74.3% INCREASE YEAR OVER YEAR.

UH, THEN BELOW THAT, UH, TOTAL PERMITS ISSUED EVALUATION, UH, PRETTY CONSISTENT OVER THE LAST FOUR YEARS.

YOU CAN SEE THAT, UH, THE RANGE OF 50% FOR THE YEAR WE'RE WRITING RANGE WITH, WITH WHERE WE HAVE BEEN AS FAR AS, UH, PERMITS ISSUED.

UH, SO, SO TRENDING WELFARE.

AND THEN IF YOU LOOK AT QUARTERLY PERMIT ACTIVITY YEAR OVER YEAR TO THE RIGHT, UH, THE, UH, SECOND QUARTER OF FISCAL YEAR 2022 IS IN LINE OR EQUAL TO ANY OF THE QUARTERS THAT WE PACKED IN THE LAST FOUR FISCAL YEARS, THEN, UH, ECONOMIC DEVELOPMENT INCENTIVES.

WE CURRENTLY HAVE SEVEN EXECUTED AGREEMENTS.

UH, NO FUNDS HAVE BEEN PAID OUT IN FISCAL YEAR 2022 WITH A TOTAL COMMITMENT, UH, $747,000.

AND THEN LOOKING AT THE SECOND QUARTER SALES TAX COMPARISON WITH CARROLLTON FARMERS BRANCH IN RICHARDSON OVER THE QUARTER, ADDISON SAW A 22% INCREASE YEAR OVER YEAR, AND IT'S HARD TO COMPLAIN ABOUT A 22% INCREASE, BUT, UH, THE OTHER CITIES WERE SLIGHTLY HIGHER.

SO, UM, SO STILL ROOM FOR IMPROVEMENT, I GUESS, BUT 22% IS HARD ARGUMENT AND THEN MONTHLY SALES TAX COLLECTIONS, THE BLUE BARS ON THIS GRAPH, OR, UH, FROM FISCAL YEAR 2020, UH, GREATEST FISCAL YEAR 2021.

AND THEN PURPLE IS FISCAL YEAR 2022.

YOU CAN SEE THAT 2022 IS SIGNIFICANTLY HIGHER THAN EITHER OF THE OTHER TWO FISCAL YEARS, EXCEPT FOR OCTOBER.

SO EVERY OTHER MONTH, OTHER THAN OCTOBER HAS BEEN A VAST IMPROVEMENT OVER THE LAST TWO FISCAL YEARS.

AND THEN AS YOU CAN SEE, OUR MONTHLY COLLECTIONS WERE $8.3 MILLION.

WE'RE SIX TO ALMOST 61% FOR SALES TAX.

AND IF YOU ANNUALIZE THAT, THAT WOULD COME OUT TO OVER $16.6 MILLION, THAT'S ABOUT $3 MILLION MORE THAN WHAT WE BUDGETED HAVE THAT CONTINUED THROUGHOUT THE YEAR.

AND THEN THE BREAKDOWN OF SALES TAX BY ECONOMIC CATEGORY THAT SHOWS THE DIVERSITY OF ADDISON'S ECONOMY.

THE TOP RANK CATEGORY FOR THE QUARTER WAS A WHOLESALE TRADE AT 19% FOLLOWED BY RETAIL TRADE AT 17%.

AND THEN WE HAVE ACCOMMODATIONS IN FOOD SERVICE AT 15% PROFESSIONAL SERVICES AND 10% INFORMATION SERVICES AT 8% AND THEN CONSTRUCTION AND MANUFACTURING BOTH AT 5%.

AND THEN THE OTHER CATEGORY, WHICH IS NONE OF THESE INDIVIDUAL CATEGORIES MAKE UP MORE THAN 4%, UH, THAT, THAT IN TOTAL MADE A 21% OF OUR SALES TAX.

AND THEN LOOKING AT OVERALL GENERAL FUND REVENUE, EVERYTHING IS TRENDING THE WAY WE VIEW AND ANTICIPATE, UH, THROUGH THE SECOND QUARTER, WE'RE AT 79.7% OF ALL REVENUE HAS BEEN COLLECTED ALL BUNCH OF NEW REVENUE.

SO TRENDING VERY WELL.

UH, AS FAR AS JEFF, THE GENERAL FUND REVENUE AND THEN GENERAL FUND EXPENDITURES, UH, 45.9% OF EXPENDITURES THROUGHOUT THE SECOND QUARTER, UH, THE TWO NOTES HERE OR ON COUNCIL PROJECTS, AND THAT'S AT 76.4% BECAUSE THE, UH, NON-PROFIT, UH, GRANTS ARE PAID OUT IN THE FIRST QUARTER.

SO THAT'S A BIG PORTION OF THAT BUDGET.

AND THEN IN EMERGENCY COMMUNICATIONS, THOSE QUARTERLY PAYMENTS TO THE NORTH TEXAS EMERGENCY COMMUNICATION CENTER ARE PAID UP BEFORE THE QUARTER OCCURS.

SO THAT REPRESENTS THREE PAYMENTS.

SO WE'RE AT 74.8% OF THAT BUDGET

[01:30:01]

IN THE HOTEL FUND HAS MENTIONED EARLIER, THE HOTEL TAXES ARE A 42%.

SO THAT'S THE ONLY, ONLY YELLOW ITEM THAT WE HAD IN THE PRESENTATION TODAY.

AND SO OVERALL REVENUES ARE AT 27.6%.

AND AGAIN, THAT'S FROM THOSE SPECIAL EVENTS THAT OCCUR LATER IN THE YEAR.

AND THEN WE ALSO HAVE THE AMERICAN RESCUE PLAN FUNDING THAT'S OVER $2 MILLION AND THAT WILL COME IN ANTICIPATED FOR AUGUST, WHICH MAKES UP A LARGE PORTION OF THE REVENUE BUDGET.

AND THEN ON THE EXPENDITURE SIDE, TOTAL EXPENDITURES ARE 26.5%.

AND AGAIN, THE MAJORITY OF THOSE ARE THAT ARE RELATED TO SPECIAL EVENTS HAVE NOT OCCURRED SO FAR STEVEN THROUGH, UH, TO HAVE THE NEW CONSOLE UP ON MARIK AND RESCUE PLAN WITH TOTALLY RECEIVED FULL MALE DOMINANCE.

YEAH, ABSOLUTELY.

SO, UH, SO THE AMERICAN RESCUE PLAN THAT WAS PASSED, I BELIEVE IN JANUARY OR FEBRUARY OF 2021, UH, INCLUDED, UH, FUNDING FOR, UM, BASICALLY LOCAL GOVERNMENTS.

UH, SO ADDISON'S ALLOCATION WAS JUST OVER $4 MILLION.

UM, AND WE RECEIVED HALF OF THAT IN AUGUST OF 2021.

AND WE'LL RECEIVE THE OTHER HALF IN AUGUST OF 2022.

AND IT'S A, IT'S A GRANT.

THAT'S ONE OF THE EASIEST ONES AS FAR AS WHAT WE CAN USE IT ON BECAUSE AS LONG AS WE'RE USING IT FOR, UH, GOVERNMENTAL SERVICES AND IT CAN PRETTY MUCH BE USED FOR ANYTHING.

SO, UM, AND THE WAY THAT YOU ACQUIRE THE GRANT IS BASICALLY, UH, WE USED A LOSS REVENUE CALCULATION AND WHICH IS SOMETHING THAT THEY PROVIDED.

SO, UH, BECAUSE HOTEL TAX WAS DOWN, SALES TAX WAS DOWN.

SO THERE WAS PLENTY OF, AND IN FACT, IF YOU GET LESS THAN $10 MILLION, THEY ARE, YOU'VE MADE YOU DO ANYTHING.

THEY JUST SAY, SAY, YOU'RE GOOD TO GO.

SO WE GOT $4 MILLION.

SO WE REALLY DIDN'T HAVE TO DO A LOT OF, A LOT OF LEGWORK ON THAT.

SO, UM, BUT, UH, THE FIRST TRAUNCH OF THAT, THE $2 MILLION, $1 MILLION WAS ADDED TO THE TOWNS SELF-FUNDED SPECIAL PROJECTS FUND, AND THEN $1 MILLION TO THE HOTEL FUND TO HELP FUND THE HOTEL FUND AS THE HOTEL TAXES RECOVERED BECAUSE THEY WERE THE HARDEST HIT ITEM DURING THE PANDEMIC.

AND THEN THE SECOND TROCHE WAS BUDGETED, UH, WITH THE FISCAL YEAR 2022 BUDGET TO FUND HOTEL OPERATIONS AND HELP THAT FUND RECOVER.

AND THEN WE HAVE OUR ECONOMIC DEVELOPMENT FUND REVENUES AND 87.7% EXPENDITURES AT 30.6% TRENDING AS WE BETTER THAN WE WOULD ANTICIPATE.

AND THEN WE HAVE OUR AIRPORT FUND OR REVENUES AT 46.1% AND AN OPERATING EXPENSES AT 48.3%.

SO THAT CHANGED TOTAL AND WORKING CAPITAL.

UH, THEY BROUGHT IN, UH, ABOUT $600,000 REVENUE OVER EXPENSE SO FAR THROUGH THE FIRST TWO QUARTERS.

AND THEN ARE YOU TELLING YOU FUCK AT 47.6% ON THE REVENUE SIDE.

AND AGAIN, THOSE REVENUES ARE SEASONAL IN NATURE, AND THEN OUR OPERATING EXPENSES ARE AT 51.1%.

AND IF YOU LOOK DOWN TO THE DEBT SERVICE LINE, YOU CAN SEE THAT THERE'S ABOUT A $1.2 MILLION OUTLAY FOR OUR DEBT SERVICE, UH, THAT, THAT MAKES THAT 50% NUMBER JUMP UP.

AND THEN THE STORM WATER UTILITY FUND REVENUE AT JUST UNDER 52% OPERATING EXPENSES AT 49.3%, UH, REVENUE OVER EXPENSE, A LITTLE OVER HALF A MILLION DOLLARS THROUGH THE FIRST TWO QUARTERS AND THEN HOTEL OCCUPANCY TAX COLLECTIONS.

WE ARE TRENDING IN THE RIGHT DIRECTION.

IF WE LOOK BACK ONE YEAR AGO, ABOUT $600,000 FOR THE QUARTER, THIS QUARTER, WE'RE CLOSER TO 900,000, WHICH IS GOING IN THE RIGHT DIRECTION, UH, WHERE WE REALLY NEED TO GET TO PRE PANDEMIC IS IN THE 1.2 TO $1.4 MILLION RANGE.

SO THERE'S STILL A, THERE'S SOME GOOD INDICATORS, BUT STILL A, A GOOD WAY TO GO.

AND THEN OUR INVESTMENT REPORT SUMMARY.

SO OVERALL, UH, BOOK VALUE AND MARKET VALUE OF OUR INVESTMENT PORTFOLIO INCREASED.

AND THE REASON THAT THOSE WENT UP IS BECAUSE WE RECEIVED THE MAJORITY OF OUR PROPERTY TAXES IN THE SECOND QUARTER.

SO WE HAD MORE MONEY, UH, IN OUR INVESTMENT ACCOUNTS.

UH, OUR INTEREST REVENUE WENT UP ABOUT 17% OVER THE QUARTER, AND THEN OUR YIELD TO MATURITY WENT UP ABOUT 32%.

SO WE'RE IN A RISING INTEREST RATE ENVIRONMENT.

SO WE'LL CONTINUE TO SEE OUR INVESTMENT PORTFOLIO YIELD, UH, INCREASE.

AND THEN ALL OF OUR INVESTMENTS FOR THE QUARTER WERE MADE IN ACCORDANCE WITH THE TOWN'S POLICIES AND THE PUBLIC FUNDS INVESTMENT ACT WITH THAT.

I'LL BE HAPPY TO ANSWER ANY QUESTIONS AND MORE QUESTION,

[01:35:01]

I FEEL LIKE VERY POSITIVE, YOU KNOW, MOST BUSINESS COMING BACK LIKE THE FULL PANDEMIC.

IF YOU HAVE A HOTELS, WHEN ARE ABOUT 60% OCCUPANCY.

SO WE HAVE PROBABLY SEEN, YEAH, FOR THE LAST MONTH, WE'VE SEEN ALMOST 70% OCCUPANCY THIS QUICK.

I HAVE A COUPLE OF QUESTIONS, I GUESS, AS A NEWBIE, SO I DIDN'T SEND THEM IN ADVANCE.

SO NUMBER NO HARD QUESTIONS.

UM, SO THE SALES TAX IS, IS QUITE A BIT AHEAD OF 50%.

IS THAT TYPICAL OR IS IT A CYCLE FOR THAT? I THINK IN FEBRUARY, WELL, YOU SEE A LOT OF THESE HOLIDAY SALES TAXES, IS THAT WHAT IT IS? WELL, NOT ENTIRELY SO BEARERS, UH, SOME BUSINESSES ARE MONTHLY FILERS, SO WE GET SALES TAX EVERY MONTH.

SOME ARE QUARTERLY FILERS.

SO EVERY QUARTER, WHICH WOULD BE FEBRUARY, WHICH YOUR SALES THAT OCCURRED IN DECEMBER AND THEN MAY, AND THEN AUGUST AND NOVEMBER, I GUESS THOSE FOUR MONTHS HAVE THOSE QUARTERLY FILED PILARS INCLUDED FEBRUARY WHEN WE GET THAT, THAT ALSO INCLUDES ALL OF THE ANNUAL FILERS.

SO THAT ONE INCLUDES ONE CATEGORY THAT NO OTHER MONTH INCLUDE.

SO THAT'S WHY, AND THEN THAT ONE'S ALSO DURING THE HOLIDAY SEASON.

SO, SO IS IT TYPICALLY HIGHER? THAT ONE IS TYPICALLY, I MEAN, THIS REPORT SHOWS A SALES TAX, TYPICALLY THAT FAR AHEAD, NOT THAT'S WHAT I'M LOOKING AT.

CAUSE IF YOU, LIKE YOU SAID, IF YOU ANALYZE IT AND UTILIZE IT, IT'S, YOU KNOW, SUSTAINED PLUS NOT OVER THE LAST TWO YEARS.

SO IT'S SIGNIFICANTLY HIGHER.

WE'VE SEEN OVER THE LAST TWO YEARS, UH, PRIOR TO THAT, UH, IT'S STILL, IT'S STILL PRETTY FAR AHEAD OF WHERE WE'VE, WE'VE BEEN, THERE'S BEEN SOME LARGE, UM, AUDIT PAYMENTS FROM THE COMPTROLLER, WHICH IS WHEN SOMEONE WAS REPORTING TO THE WRONG AREA AND THEY REALLOCATE IT.

SO I THINK IN 2018 OR 2019 ADDISON GOT A LARGE, UH, ONE TIME AUDIT, AUDIT PAYMENT, WHICH, WHICH SKEWS THE DATA FOR THAT YEAR QUITE A BIT, BUT, BUT ON A MONTH TO MONTH BASIS, WE'RE TRENDING EXTREMELY WELL.

SO THAT'S GOOD NEWS.

HOW MANY SALES TAX COLLECTION IS THAT DON'T HAVE TO PAY FOLLOWING TWENTIES.

SO BASICALLY IF I RECEIVE, FOR EXAMPLE, YOU MAY ACTUALLY, THAT'S A CIVIL TAX REPORTED FOR APRIL RIGHT THEN.

SO SOMETHING LIKE THAT, ANY MORE QUESTION, I HAVE A QUESTION THERE ON THE HOTEL OCCUPANCY, IS THAT TRACKING AS YOU HAVE FORECAST OR THOUGHT 30, UH, NOT MANY, HOWEVER MANY MONTHS AGO IT WAS DIRE.

WELL, I THOUGHT IT WOULD RECOVER FASTER, BUT, UM, SO NOT EXACTLY, BUT I THINK WE'RE GOING TO END THIS YEAR ABOVE WHAT WE BUDGETED.

UM, SO I THINK THE LAST TWO YEARS WE ENDED UP BELOW WHAT WE, WHAT WE WERE ANTICIPATING.

I THINK WE THOUGHT WE DIDN'T THINK THAT THE HOTEL TAX WAS GOING TO BE QUITE SO MUCH HARDER THAN, THAN EVERY, EVERY, EVERY OTHER SECTOR BECAUSE SALES TAX AND MIXED BEVERAGE AND PROPERTY VALUES HAVE NOT SEEN A SIGNIFICANT CHANGE AT ALL.

UM, SO THAT'S THE ONE AREA THAT IS REALLY JUST BEEN HIT THE HARDEST, UH, TO PREDICT.

YES, YES.

THE OTHER THING, JUST AS A REMINDER, WHEN THE PANDEMIC DID HIT, YOU WILL RECALL THAT WE HAD STAFF RUNNING AN ANALYSIS AND KIND OF OVERLAY THE IMPACTS OF TWO PRETTY SIGNIFICANT ECONOMIC EVENTS THAT WAS BOTH NINE 11 AND THE HOUSING BUBBLE.

AND BECAUSE THOSE, THOSE WERE SO DIFFERENT FROM ONE ANOTHER, WE FIGURED LOOKING AT THE PANDEMIC AND NOT KNOWING IF THIS WAS GOING TO BE A MOMENTARY SHOCK OR MORE OF A, MORE OF A DRAWN OUT WHEN WE OVERLAID THEM TO THIS SITUATION.

AND BASED ON THAT, UM, WE, WE WERE, UH, LOOKING AT PROBABLY A 36 MONTH OR SO HORIZON.

SO A GOOD THING ABOUT OUR ANALYSIS IS THAT, UH, UH, SALES TAX AND IT'S BEVERAGE TAXES, ET CETERA, ARE DOING A LOT BETTER THAN WE THOUGHT THEY WOULD.

SO THAT'S A BLESSING.

AND THEN FROM A, UH, UH, HOTEL TAX STANDPOINT, AS THE SAYING, UM, THIS IS, THIS WAS A PRETTY IMPACTFUL, UH, EVENT FOR THE HOTELS.

UH, BUT WE'RE STILL WITHIN THAT 36 MONTH WINDOW.

SO HOPEFULLY THEY'LL GET BACK TO A POINT OF NORMALCY, UH, SOMETIME IN THAT TIME.

AND IF THAT'S THE CASE, THEN WE'RE GOING TO HAVE A BIG PARTY FOR STEVEN AND HIS TEAM FOR BEING SUCH, SUCH GOOD ANALYSTS AND CALL AND CALL ON THE WINDOW AT THE TIME WHERE THINGS WOULD PROBABLY RETURN BACK.

WELL, IN THE LAST SIX WEEKS, WE'VE SEEN HOTEL OCCUPANCY AND RATES BEYOND WHAT THEY WERE PRE PANDEMIC.

SO, UM, ABOUT 13 OR 14 MONTHS AGO, WE SAW A DRAMATIC JUMP UP, BUT IT WAS FROM BASICALLY ALMOST NOTHING TO, UH, YOU KNOW, WHERE, WHERE WE WERE FOR THE LAST YEAR OR SO.

[01:40:01]

WE'VE SEEN ANOTHER BIG DRAMATIC JUMP UP FOR THE LAST SIX WEEKS, UH, WHICH THAT MAINTAINED ITSELF WOULD BE OUTSTANDING.

AND THAT WOULD PUT US, YOU KNOW, EVEN HIGHER THAN FOR RICO.

I WAS OUT AND ABOUT DRIVING, UH, YOU KNOW, OVER THE WEEKEND AND SOME OF THE RETAIL AREAS AND SHOPPING AND DOING SOME THINGS.

AND IT FELT TO ME LIKE IT W IT WAS JUST EXTREMELY BUSY.

AND THEN I REALIZED THAT, YOU KNOW, HAVING COME THROUGH COVID, MY METER IS PROBABLY SKEWED A LITTLE BIT, BUT THERE WERE, THERE WERE NO PARKING SPACES AVAILABLE EVERYWHERE.

I WENT, SEEMED TO BE PACKED.

PEOPLE SEEMED, AND IF YOU WATCH PEOPLE COMING OUT OF BUSINESSES TO SEE IF THEY HAVE SHOPPING BAGS IN THEIR HANDS AND TAKE OUT, YOU KNOW, UM, IT SEEMS IT JUST THIS PAST WEEKEND, FOR SOME REASON, IT JUST SEEMED LIKE IT WAS JUST CRAZY.

OH, THAT'S BECAUSE OF MOTHER'S DAY.

WE'LL, WE WILL BE SATURDAY, SUNDAY, YOU KNOW, BUT, YOU KNOW, FOLLOWING MONDAY'S SO SLOW BECAUSE PEOPLE ARE ALREADY SPENDING MONEY ON SATURDAY AND SUNDAY, THEN ALL OF A SUDDEN IT'S A BIG CONTRAST AMONG THEM.

SO ACTUALLY EVEN NOW IT'S ABOUT THE SAME, YOU KNOW, MAYBE A LITTLE BETTER, BUT NOT MUCH ANYMORE BECAUSE OF SOMETIMES IS MUCH EASIER.

SOMETIMES SLOW.

I HAVE ONE MORE QUESTION ON THE OFFICE OCCUPANCY.

I WENT BACK AND LOOKED AT THE FEBRUARY PRESENTATION SO THAT I HAVE HALF A BRAIN FOR THIS.

UM, IT, SO TH TH THESE COMPARISONS ON THAT SLIDE FIVE IS FROM LAST YEAR, IS THAT RIGHT? THE DIFFERENT, SO THE CHANGE, SO IT LOOKS LIKE OFFICE OCCUPANCY IS TRENDING BETTER, EVEN THOUGH IT SHOWS THAT IT'S DOWN 1%, IT'S DOWN, LESS THAN LAST TIME.

UH, I'D HAVE TO GO IN AND REFRESH ON AS ONE OF THE THINGS THAT I WAS GOING TO ASK ABOUT, AND I'LL TALK TO WEST AND OUR MEETING ABOUT, IS THIS MORE OF A, OF A LONGER TERM WINDOW OF MAYBE SOME MORE INFORMATION ABOUT CYCLES OF SOME OF THIS REVENUE AND EXPENSE THAT WE CAN GET A BETTER PICTURE INSTEAD OF JUST IN SUCH A FRACTION OF TIME, RIGHT? MAYBE A THREE YEAR OF A NORMAL, IF YOU WILL, THREE YEAR WITHOUT PANDEMIC STUFF.

UM, SO IT GIVES US A BETTER VIEWPOINT, BUT I DIDN'T KNOW IF YOU HAD THAT INFORMATION ON THE OCCUPANCY.

I DON'T KNOW THAT OFF THE TOP OF MY HEAD, BUT WE CAN, WE CAN LOOK AT, I DON'T KNOW THAT THOSE NUMBERS AREN'T READJUSTED LIKE SO MANY OCCUPANCY TYPE NUMBERS CAN BE READJUSTED AND THAT TYPE OF THING.

SO I DON'T KNOW IF, WHEN WE'RE REPORTING NOW, IF THOSE PREVIOUS YEAR NUMBERS HAD BEEN READJUSTED BY THE COMPANY THAT WE GET THE INNOVATION, IT'S GOOD INFORMATION, IT'S A GREAT REPORT.

SO, AS A MATTER OF FACT, SO FAR AMONG 22 HOTELS, MARRIOTT, STILL DOING THE BEST, THAT SOUNDS THEN THE THIRD IS A HOME TWO SUITES.

YOU DON'T EVEN BELIEVE IT, YOU KNOW, A NICE PLACE.

HOME TO 130 UNITS THAT ARE DOING BETTER THAN YOU ARE ON THE CORE AND OVER A PROTOTYPE AND MIDDLEWARE.

SO JUST AMAZING.

I THINK, YOU KNOW, ALL THE BUSINESS DEPENDS ON THE OPERATOR, YOU KNOW, RENAISSANCE HOTEL, YOU KNOW, IT'S GREAT.

THEY HAVE GREAT AMENITIES, BUT THE MATTER I'LL ALWAYS SURPASS THE SALES.

SO I JUST, I THINK THE MANAGEMENT HAS ALLOWED TO DO IT.

THANK YOU SO MUCH, STEVEN.

ANY MORE QUESTION? NO.