* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.
          [00:00:01]
          OKAY. 
          GOOD EVENING EVERYBODY. 
          IT IS FIVE OH ONE AND WE'LL CALL, CALL 
          [1. Call Meeting to Order and Announce that a Quorum is Present.]
THE ORDER OF THE, UH, MEETING OF THE ADDISON CITY COUNCIL ON JULY 23RD. 
          WE DO HAVE A QUORUM PRESENT OF THE COUNCIL. 
          WE HAVE SIX IN THE ROOM. 
          AND THEN WE HAVE COUNCIL MEMBER GARDNER IS ONLINE, LORD. 
          AND WE WILL, UH, GO RIGHT INTO ITEM NUMBER TWO. 
          CITIZEN COMMENTS ON CONSENT AGENDA ITEMS. THIS IS AN OPPORTUNITY FOR FOLKS IN THE PUBLIC TO ADDRESS THE COUNCIL ON ANY ITEMS THAT ARE ON THE CONSENT AGENDA. 
          AND YOU CAN SPEAK UP TO THREE MINUTES TO THE COUNCIL ON ANY OF THESE ITEMS. AND IF THERE'S ANYBODY THAT WOULD LIKE TO DO THAT TO DO THAT, YOU CAN COME FORWARD AT THIS TIME. 
          I DO NOT HAVE ANY CARDS THAT HAVE BEEN GIVEN TO ME AHEAD OF TIME. 
          IS THERE ANYBODY SEEING NONE? AND WE'LL GO ON TO ITEM NUMBER THREE. 
          [3. Council Member Clarification Requests Regarding Consent Agenda Items. ]
COUNCIL MEMBER CLARIFICATION. 
          REQUEST REGARDING CONSENT, AGENDA ITEMS, ANY ITEMS FROM THE COUNCIL WITH THE QUESTIONS? ANY CLARIFICATION ON CONSENT ITEMS? NO MA'AM. 
          ALL RIGHT. 
          WE ARE JUST MOVING RIGHT ALONG, UH, THREE A COUNCIL QUESTIONS AND ANSWERS. 
          THE, UH, COUNCIL DOES SEND QUESTIONS TO THE STAFF REGARDING, UH, AGENDA ITEMS. THOSE ITEMS, THOSE QUESTIONS ARE ANSWERED AND PUT INTO A DOCUMENT THAT'S SENT OUT TO THE ENTIRE COUNCIL, AND IT'S ALSO UPLOADED TO OUR WEBSITE. 
          AND SO, UH, ANYBODY THAT WOULD LIKE TO SEE THOSE, THEY'RE AVAILABLE TO THE PUBLIC JUST BY GOING TO THE, UH, WEB, THE, THE TOWN WEBSITE, FIND THE AGENDA AND THERE'LL BE A LINK ON THERE TO DOWNLOAD THAT DOCUMENT FOR YOUR OWN VIEWING. 
          AND ACCORDING TO ITEM NUMBER FOUR, WORK SESSION REPORTS AND COUNSEL, WE DO HAVE A REALLY FULL WORK SESSION TONIGHT, SO, UM, I WANNA MAKE SURE THAT EVERYBODY IS HEARD, BUT JUST BE MINDFUL THAT WE VERY HAVE A VERY FULL AGENDA TONIGHT. 
          YOU GET MY DRIFT? 
          [a.  Present and discuss a Tax Increment Financing (TIF) tool used to incentivize economic development within a Tax Increment Reinvestment Zone (TIRZ). ]
OKAY, LET'S GO TO ITEM FOUR A PRESENT AND DISCUSS THE TAX INCREMENT FINANCING TIFF TOOL USED TO INCENTIVIZE ECONOMIC DEVELOPMENT WITH AN TAX INCREMENT REINVESTMENT ZONE, TURS. 
          AND I BELIEVE WE HAVE WAYNE EVENING WAYNE. 
          ALRIGHT, UH, GOOD EVENING, MR. MAYOR. 
          COUNSEL. 
          UH, SO IN LATE MAY, EARLY JUNE, UH, STAFF HIRED CONSULTANT DAVID PETIT, WHO'S GONNA COME UP HERE AND, UH, PRESENT TO US, AND THE GOAL OF TONIGHT'S PRESENTATION IS TO GIVE YOU A 1 0 1 ON TAX INCREMENT FINANCING AND TERMS AS IT'S ALSO CALLED. 
          SO THE SUMMARY WILL BE THAT 1 0 1, AND THEN WE WILL HAVE SOME NEXT STEPS TO DISCUSS. 
          AND THEN I'M CERTAIN THERE WILL BE SOME QUESTIONS. 
          WE'LL BE HAPPY TO TAKE THOSE. 
          SO WITH THAT, I'M GONNA BRING UP, UH, DAVID, I'LL LET HIM INTRODUCE HIMSELF AND TAKE HIM FROM HERE. 
          SORE. 
          IT'S ONLY A FIVE HOUR PRESENTATION, SO I GO GET THAT LINE IF YOU'LL INDULGE ME IN JUST A LITTLE BIT. 
          I, I GREW UP IN, UH, BENTON, TEXAS, DALE, TEXAS. 
          AND SO I REMEMBER IN HIGH SCHOOL COMING TO, UM, TOWN HALL THAT WAS RIGHT NEXT TO HOUSTON'S AND WORKING FOR DR. GLASS AT THE UNIVERSITY OF NORTH TEXAS AND DOING SURVEYS FOR THE CITY OF . 
          SO MY HISTORY GOES BACK A LONG WAY. 
          AND THEN OF COURSE I HAVE AN MPA FROM NORTH TEXAS AND RON WHITE HAS, IS AN INSTITUTION THERE. 
          SO, UM, I'VE BEEN DOING THIS FOR ABOUT 30 YEARS. 
          MY FIRST JOB WAS WITH THE CITY OF DALLAS. 
          UM, THAT'S WHERE I QUICKLY LEARNED LIFE'S TOO SHORT. 
          I'D BE IN CITY MANAGEMENT, NO OFFENSE, , CITY MANAGER OR ANYTHING LIKE THAT. 
          BUT I'M NOT GONNA READ TO YOU HERE. 
          THIS IS MORE JUST KIND OF A, A HIGHLIGHT, AN OVERVIEW. 
          AND I WANT TO OPEN IT UP FOR QUESTIONS BECAUSE YOU MIGHT HAVE SOME QUESTIONS. 
          I'M SURE YOU DO. 
          JUST TO TALK ABOUT TAX INCREMENT. 
          SO TAX INCOME FINANCING IS THE BURDEN, OKAY? AND WE USE TIFF AND TERMS INTERCHANGE. 
          OKAY? UM, IT'S A TOOL THAT INCENTIVIZE ECONOMIC DEVELOPMENT WITHIN A TAX INCREMENT REINVESTMENT ZONE. 
          THE TAX INCREMENT REINVESTMENT ZONE IS HOW THEY REFERENCE IT IN THE STATUTE. 
          THERE'S NO DIFFERENCE BETWEEN THE TWO. 
          SO DON'T GET BOGGED DOWN. 
          UM, IT'S GOVERNED BY THE, UM, TEXAS TAX CODE CHAPTER THREE 11. 
          THERE HAVE BEEN, UH, HUNDREDS, UM, I WOULD SAY EVEN MOST THOUSANDS OF THESE TIFF CREATED ACROSS THE STATE OF TEXAS. 
          CITIES ALONE. 
          WERE IN PARTNERSHIP WITH OTHER TAX AND JURISDICTIONS, MOSTLY IN NORTH TEXAS. 
          WE HAVE MOSTLY CITIES GOING ALONE. 
          UM, SOMETIMES WE CAN HAVE PARTNERSHIPS WITH THE COUNTY. 
          UM, I KNOW Y'ALL ARE IN DALLAS COUNTY. 
          UM, THEY DON'T DO A WHOLE LOT OF TIPS, UM, AND UM, BUT THEY CAN BRING, UH, A LEVEL OF NEW, UH, FACILITATE INVESTMENT AND EXCITEMENT ENERGY TO A DESIGNATED AREA. 
          ATTORNEYS CAN PAY FOR INFRASTRUCTURE, PUBLIC IMPROVEMENTS, ECONOMIC DEVELOPMENT PROGRAMS, WHAT WE CALL CHAPTER THREE 80 GRANTS. 
          I DON'T KNOW IF YOU'VE EVER BROUGHT ONE BEFORE. 
          BASICALLY THAT'S JUST, WE'RE GIVING YOU THIS BECAUSE IT BENEFITS THE OVERALL ZONE AND THE OVERALL ECONOMICS POSITION IN THE OVERALL CITY. 
          AND THEN OTHER PROJECTS BENEFITING ITS OWN. 
          THIS IS PROBABLY THE MOST IMPORTANT, UM, GRAPHIC THAT I'LL SHOW YOU ALL NIGHT. 
          UM, AND THE FIRST THING I HAVE 
          [00:05:01]
TO SAY IS THAT A TIP IS NOT A NEW TAX. 
          YOU'RE PAYING YOUR EXISTING TAXES AND THE CITY IS DECIDING ON THIS DEVELOPMENT INSTEAD OF THOSE TAXES GOING INTO THE CITY'S GENERAL FUNDS, THEY'RE GOING INTO A T FUND THAT FUNDS IMPROVEMENTS WITHIN THAT. 
          SO IT'S JUST A REDIRECTION. 
          PEOPLE STILL PAY THE SAME AMOUNT OF TAX. 
          SO IN THIS EXAMPLE, YOU HAVE THE BASE YEAR. 
          IF YOU WERE TO CREATE TIF THIS YEAR, 2024 PORTION WOULD GO, UM, TO THE TAX INCREMENT FUND. 
          OKAY? AND THEN A PORTION WILL GO TO THE GENERAL FUND, AND THEN AFTER THE TIP EXPIRES, THEN ALL THOSE FUNDS FLOW WITH THE TAX. 
          SO DOES EVERYBODY KIND OF UNDERSTAND THAT? SO IT'S NOT A NEW TAX. 
          WHAT YOU'RE DOING IS ESSENTIALLY DRAWING A BOUNDARY, BASICALLY SAYING THE NEW TAXES THAT ACCRUED, AND I'LL TALK ABOUT THAT HERE IN JUST A MINUTE. 
          THOSE GOING INTO A FUND THAT HELP FACILITATE DEVELOPMENT OR PUBLIC INFRASTRUCTURE WITHIN THAT, IN THAT ZONE. 
          SO THIS IS ANOTHER, UM, IF, IF YOU LEAVE HERE, THERE'S BIG TAKE. 
          UM, THERE'S ONLY TWO WAYS TO CREATE TAX, UM, FOR A TIP. 
          ONE IS THROUGH NEW CONSTRUCTION OR INVESTMENT. 
          OKAY? UM, SO YOU BUILD SOMETHING NEW TAXES TO GENERATE OR ANNUAL APPRECIATION, REAL PROPERTY, WHAT I CALL ORGANIC GROWTH. 
          NOW, ORGANIC GROWTH IS MY HOME GOES UP AT LEAST 10% PER YEAR, . 
          AND SO THAT IF THERE WAS A TIP THAT WAS PUT IN PLACE AROUND MY NEIGHBORHOOD, ALL THAT INCREMENTAL 10% GROWTH COULD GO INTO A SPECIAL FUND TO HELP PAY FOR A PARK TO HELP UPGRADE MY STREETS TO HELP PAY FOR PARKS. 
          SO THOSE ARE THE ONLY TWO WAYS THAT YOU CAN GENERATE TAX, OKAY? SO THAT'S REALLY IMPORTANT. 
          SO IF WE HAVE A, UM, CURRENT PROPERTY TAX YEAR, LET'S SAY IN 2025, AND OUR 2024 BASE YEAR WAS 200, WE'D HAVE A HUNDRED THOUSAND DOLLARS WORTH OF BANK IF WE DECIDED TO HAVE A 50% TIF WITH THE TOWN OF ADDISON'S TAX RATE, THERE'D BE $305 THAT GOES INTO THE TIF FUND TO PAY FOR PROJECTS JUST SPECIFIC TO THAT AREA. 
          AND 305 THEY WOULD GO TO THE, UM, CITY'S GENERAL. 
          NOW, WHEN WE'RE DEALING WITH PROJECTS, AND I, I HAVE A LOT OF THESE EUPHEMISMS THAT I LIKE TO SAY, BUT I LIKE TO SAY 50% OF SUPPLEMENTS BETTER THAN A HUNDRED PERCENT NOTHING, RIGHT? , THAT'S JUST MY TAKE. 
          NOW, WE CAN ALWAYS TALK ABOUT WHAT WOULD THIS DEVELOPMENT OCCUR WITHOUT THE INCENTIVE. 
          AND THAT'S OBVIOUSLY A DEBATE AND A DISCUSSION THAT WE'LL HAVE FURTHER ON IN THIS. 
          BUT YOU CAN ALSO ENHANCE THE DELIVERY OF THAT, THE TIMING AND QUALITY OF THAT PROBLEM AS IT COMES ON. 
          SO THERE'S TWO MAIN PROCESSES. 
          ONE'S THE CREATION ORDINANCE AND ONE IS THE TIF PROJECT FINANCING PLAN. 
          THE TIF CREATION ORDINANCE, UM, HAS A BOUNDARY. 
          UM, IT DOESN'T HAVE TO BE CONTIGUOUS. 
          IN 2005, WE USED TO HAVE TO DRAW THESE REALLY LITTLE LINES. 
          LIKE I SAID, I'VE BEEN DOING THIS FOR 30 YEARS TO GO FROM LIKE DOWNTOWN FOR WORTH UP TO TEXAS MOTOR SPEEDWAY. 
          AND YOU HAVE THESE BIG, WHAT WE CALL BARBELL TIPS. 
          NOW YOU CAN DO NON-CONTINUOUS ZONE, SO THEY DON'T HAVE TO TOUCH ONE, WHICH HAS MADE MY JOB A LOT EASIER, BUT I TO DO REAL GREAT WRONG DRAWING, UM, ESTABLISHES THE TERM. 
          YOU HAVE TO HAVE A START AND AN END. 
          OKAY? THE CITY'S PARTICIPATION, THE TIF BOARD, WE RECOMMEND THE CITY COUNCIL, THE TIF BOARD, UM, BECAUSE ULTIMATELY THE TIF BOARD'S, JUST TO RECOMMEND ANYBODY TO THE CITY COUNCIL. 
          SO IT MAKES IT A LOT CLEANER. 
          I WAS JUST IN KAUFMAN LAST NIGHT, KAUFMAN'S A VERY, UM, GROWING, UH, COMMUNITY. 
          AND SO THE TIP BOARD MET, THEY'RE CALLED THE CITY COUNCIL. 
          YOU KNOW, THEY HAVE THE HAT ON THIS WAY. 
          THEY TURN ON BACKWARDS THAT THE CITY COUNCIL, THEY APPROVE IT. 
          AND SO, UM, AND MOST OF THIS IS DETERMINED WITHIN THAT PROJECT AND FINANCING PLAN, WHICH THAT LAST PIECE PREPARE PRELIMINARY PROJECT FINANCING PLAN. 
          THIS IS WHAT WE THINK IS GONNA HAPPEN IN THIS AREA AND THIS IS HOW WE PLAN ON SPENDING. 
          IT'S THE PLAN. 
          AND SO THE SECOND PIECE, AND I LIKE TO CALL THIS THE TEXAS TWO STEP, IS UPON THE TIF CREATION. 
          A FINAL PROJECT WITH NANCY PLAN IS APPROVED BY THE TIF BOARD AND THEN THE CITY COUNCIL BY SEPARATE ORDINANCE. 
          SO THERE'S TWO ORDINANCES, THE CREATION ORDINANCE, AND THEN GOES THROUGH THE TIF BOARD. 
          AND WHAT I WAS DOING LAST NIGHT IS WE WERE JUST CHECKING FROM PRELIMINARY AND FINAL, UH, OR A FINAL PROJECT IN FINANCING PLAN. 
          AND THEN, UM, YOU IDENTIFY POTENTIAL PROJECTS SUITABLE FOR TERMS. SO WHY CREATE TERMS? THIS IS A QUESTION PROBABLY ASKING YOURSELF RIGHT NOW. 
          A PRIVATE DEVELOPMENT ACTIVITY IS EXPECTED TO OCCUR WITHIN THE DESIGN AREA. 
          BENEFITS A LARGE AREA RATHER THAN JUST BEING PROJECT SPECIFIC. 
          SO YOU CAN GRAB THOSE TAXES, USE 'EM FOR A PROJECT, IT WOULD BENEFIT THE COMMUNITY AS A WHOLE, PROVIDES A FUNDING SOURCE WITHOUT IMPACTING THE CURRENT AMOUNT OF GENERAL FUND REVENUES. 
          'CAUSE ONCE AGAIN, YOU'RE CURRENTLY GETTING NOTHING FROM THAT PROPERTY. 
          YOU'RE JUST PUTTING A PORTION OF IT IN THERE. 
          HAS THE ABILITY TO LEVERAGE REVENUES FROM THE TAXABLE PROPERTY WITHIN THE TIF TO GENERATE A LARGER INCREMENT. 
          SO IT CAN BE A CATALYST, UH, ATTRACTS 
          [00:10:01]
POTENTIAL DEVELOPERS AND INVESTORS INTO AN AREA THAT MIGHT NOT OTHERWISE OCCUR. 
          WE SEE THIS IN A LOT OF AREAS FOR CITIES WANT TO PUT IN A TIF TO ATTRACT DEVELOPERS. 
          'CAUSE IT'S AN ATTRACTIVE MECHANISM TO HELP PAY FOR THE ROADS, WATER, SUPER PUBLIC INFRASTRUCTURE. 
          AND IT DEMONSTRATES A COMMITMENT TO A SENSE OF PLACE. 
          AND, AND SO THIS IS, THIS IS NOT IN ANY TEXTBOOK, THIS IS JUST MY EXPERIENCE. 
          THERE'S THREE REASONS TO DO A TIP. 
          ONE IS BUSINESS CREATION, RETENTION, THE ENCOURAGEMENT AND RELOCATION OF, UM, RETENTION OF TARGETED BUSINESSES FOR COMMUNITY NEEDS. 
          GAP FINANCING. 
          DEVELOPER COMES IN AND SAYS, I CAN'T MAKE THIS PROJECT WORK. 
          I NEED YOUR HELP. 
          SO YOU INVEST TO HELP 'EM HAVE, YOU KNOW, FAIR RATE OF RETURN, NOT A GROSS RATE OF RETURN. 
          SO THERE'S A LEVEL OF ANALYSIS THAT GOES FOR THAT. 
          AND THEN THE STANDARD IS THE INFRASTRUCTURE IMPROVEMENTS. 
          FOSTER NEW DEVELOPMENT OR REDEVELOPMENT, FOCUSING ON INFRASTRUCTURE NEEDS. 
          SO WE TALK ABOUT WHO HEARS HEARD ABOUT PUBLIC PRIVATE PARTNERSHIPS AND THAT THEY'RE P THREES. 
          I'M THE DIFFERENT P THREE BUSINESS. 
          P THREES ARE WHERE THE CITY GOES OUT AND SAYS, OKAY, I DON'T WANT TO FINANCE THIS. 
          I WANT TO LEASE THIS. 
          SO I'M GONNA HAVE A PRIVATE GOVERNMENT ENTITY BUILD IT AND I'M GONNA LEASE IT. 
          PUBLIC PRIVATE PARTNERSHIPS IN IN MY WORLD IS WHERE A DEVELOPER COMES UP AND SAYS, OR A PROJECT COMES FORWARD AND SAYS, I DON'T, I CAN'T MAKE MY NUMBERS WORK. 
          I NEED THE CITY TO BE A PART. 
          YOU'RE NOT GETTING TAXES, BUT CAN YOU PUT A PORTION OF THOSE TAXES INTO THE PROJECT? AND THAT'S WHERE THAT I DISTINGUISH BETWEEN P THREES WHERE YOU THINK OF LIKE A TOLL ROOM IS A P THREE I'M TALKING ABOUT WHERE YOU'RE PARTNERING WITH A DEVELOPER TO HELP MAKE A PROJECT HAPPEN. 
          SO THESE ARE SOME OF THE QUESTIONS THAT, UM, I WON'T READ EVERYTHING, BUT IS THE PROJECT FINANCIALLY FEASIBLE PRETTY MUCH IN THE REAL ESTATE DEVELOPMENT? IF IT DOESN'T WORK OUT ON AN HAPPEN, IT DOESN'T WORK OUT. 
          WE CAN DO ALL THE PARALYSIS BY ANALYSIS IF WE WANT TO. 
          UM, IS THERE A GAP? IT'S PRETTY EASY TO DETERMINE WHETHER THERE'S A GAP WITHIN A PROJECT IF YOU HAVE GOOD INFORMATION. 
          AND IS THE PROJECT CONSISTENT WITH THE CHARTER PLAN? DID WE DO OUR JOB THE RIGHT WAY WHEN WE SET IT UP? SO, UH, ANOTHER COMMON QUESTION, IS IT AN ADDITIONAL TAX BURDEN? THE QUESTION I THINK I ANSWERED THAT EARLIER IS NO. 
          UM, IT'S, YOU'RE PAYING THE SAME AMOUNT OF TAXES. 
          IT'S JUST WHERE THOSE DOLLARS GO, WHICH UNITS CAN, UH, PARTICIPATE IN THE CHARTERS. 
          ANY TAXING JURISDICTION CAN PARTICIPATE IN TIP TIP. 
          BUT HOWEVER, UM, WITH A FEW EXCEPTIONS, I'M DOING SOME WORK DOWN AROUND THE HOUSTON AREA AND WE'RE ABLE TO GET LIKE SEVEN TAXING JURISDICTIONS IN BAY CITY, FOR EXAMPLE, BECAUSE THEY REALLY NEED HOUSING. 
          AND SO THEY ALL STEPPED UP TO THE PLATE. 
          MOST OF THE TIME WE SEE CITIES OR ONE OTHER JURISDICTION GOING IN THESE ALONE BECAUSE RELATIONSHIPS WITH OTHER TAX AND JURISDICTIONS IS HARD , IT ADDS A WHOLE OTHER LEVEL OF COMPLICATION. 
          SO HOW MANY, UH, MEMBERS, UM, ARE REQUIRED FOR A, A TAX INCOME, EVERY INVESTMENT ZONE, UM, BOARD. 
          UM, THE STATUTE SAYS ANYWHERE BETWEEN FIVE AND 15. 
          UM, IF WE WERE TO MOVE FORWARD HERE, I WOULD RECOMMEND THE CITY COUNCIL BE THE TIP BOARD. 
          UM, BUT ONCE AGAIN, THAT'S ULTIMATELY YOUR DECISION. 
          UM, HOW YOU WANNA WORK IT AND WHO APPOINTS THE BOARD? IT'S IN THE ORDINANCE. 
          UM, SO THE CITY AND THE OTHER TAX JURISDICTIONS, IF YOU DO GET ANOTHER TAX JURISDICTION PARTICIPATE BY STATUTE, THEY GET ONE SEAL. 
          BUT ULTIMATELY CITY COUNCIL IS THE ONE THAT MAKES THE DECISION HOW THOSE FUNDS . 
          SO ALL THE CONTROLS WITH CITY COUNCIL, HOW ARE THE PROJECT COSTS PAID? UM, YOU CAN MAKE PROJECT COSTS FROM THE TIF FUND. 
          SO AS INCREMENT YOU CAN BUILD UP THAT FUND, OKAY? AS YOU HAVE THAT ANNUAL APPRECIATION OR NEW CONSTRUCTION. 
          AND TYPICALLY, AS YOU KNOW HOW THE TAX YEAR'S ROLL, THERE'S A TWO TO THREE YEAR LAG FROM WHEN THERE'S A SNAPSHOT, WE MAY ACTUALLY GET THAT REVENUE. 
          AND ANYBODY THAT DOES BUDGETING, I KNOW Y'ALL ARE GONNA BUDGETING PROCESS. 
          NOW YOU, YOU GET THAT, THAT THERE'S A TWO TO THREE YEAR LAG. 
          YOU CAN ALSO FLIP BONDS. 
          WE DON'T RECOMMEND THAT ON ANYTHING THAT'S SPECULATIVE BECAUSE IT REQUIRES IN ORDER TO GET ANY TYPE OF GOOD WRITING, FULL FAITH AND CREDIT TO THE CITY. 
          AND THAT PUTS THE CITY. 
          SO, UM, ONLY IN CERTAIN SPECIAL CIRCUMSTANCES WOULD WE DO THAT. 
          CAN THE CITY CHANGE THE BOUNDARY OF THE TIF? UM, YES. 
          UM, BUT ONLY IF YOU CONTINUE TO MEET THE EXISTING CRITERIA. 
          THE EXISTING CRITERIA SAYS THAT NOT MORE THAN 30% OF THE PROPERTY WITHIN THE CHARTER CAN BE RESIDENTIAL. 
          AND THAT MEANS THAT IT HAS FIVE UNITS OR LESS FOR SINGLE FAMILY. 
          IT'S NOT WHAT IT'S ZONED, IT'S WHAT IT'S USED. 
          SO IF IT'S VACANT LAND, YOU DON'T HAVE TO WORRY ABOUT IT. 
          AND THEN THE OTHER RULE FOR A CITY YOUR SIZE IS YOU CAN'T PUT MORE THAN 50% OF YOUR TAXABLE VALUE IN A TIP. 
          SO I DON'T THINK WE'RE AT ANY RISK OF DOING THAT HERE. 
          UM, BUT THAT, THOSE ARE THE TWO RULES. 
          SO YES, YOU CAN EXPAND THE BOUNDARY AT ANY TIME. 
          IT JUST CREATES A DIFFERENT BASE. 
          SO IF WE CREATED A TIP HERE AND WE WANTED TO DO A NON-CONTIGUOUS, I LIKE TO 
          [00:15:01]
TELL THE STORY ABOUT, UM, STEPHENVILLE. 
          WE CREATED ONE FOR A COLETTE PROJECT, A RETAIL PROJECT. 
          THEY LIKED IT SO MUCH. 
          THAT WAS CALLED ONE. 
          WE HAVE ONE A, ONE B, ONE C, 1D, AND ONE E. 
          THEY WANTED TO KEEP IT ALL ONE TIFF AND IT'S NON-CONTIGUOUS ALONG CHARLTON, ALONG THIS HAR DRIVE AND HELP PAY FOR THE ROAD. 
          WE HELP ENHANCE THE ENTIRE AREA, BUT IT'S JUST ONE TIFF. 
          THEY EACH NOW THE CFO OF THE CITY, UM, CALLS ME EVERY YEAR AGO. 
          THIS IS SO FRUSTRATING BECAUSE I HAVE DIFFERENT YEARS THAT WE EXPANDED THIS BOUNDARY THAT I HAVE TO DO MY CALCULATION. 
          CAN TERMS BE TERMINATED? YES, YOU CAN TERMINATE IT WITH BY ORDINANCE. 
          UM, IT, IT OCCURS IF THERE'S NO PROJECT COST EXPENDITURES OUTSTANDING, JUST UM, CREATE AN ORDINANCE AND SAY WE'RE TERMINATING THIS TIF. 
          UM, ANY FUNDS WILL NOW BE COMING BACK TO THE GENERAL FUND. 
          WHAT HAPPENS TO THE MONEY THAT REMAINS IN THE TIF AFTER A CHARTERS IS, UM, TERMINATED. 
          IT JUST GOES BACK TO THE CITY. 
          AND THEN WHATEVER THE MONEY THE JURISDICTION PUT IN, IT JUST GOES BACK TO SO PRETTY STRAIGHTFORWARD, SIMPLE PROCESS. 
          SO COMMUNITIES WITH TIFFS VARY WIDELY. 
          UM, WE'VE DONE A, I THINK THESE ARE ALL PROJECTS THAT WE WORKED ON. 
          DID ONE FOR, UM, ABILENE JUST RECENTLY FOR A SINGLE FAMILY DEVELOPMENT. 
          WE DID ALL THE YOU, IT WAS CALLED THE GLORY PARK TIFF. 
          UM, THEY WERE GONNA BUILD A BUNCH OF RETAIL AROUND THE OLD BALLPARK IN ARLINGTON, WHAT WE CALL, YOU KNOW, THE DEATH STAR. 
          I LISTENED TO THE TICKET . 
          SO I I I GET A LOT OF RYMS AND THAT. 
          BUT SO THE, UH, TEXAS STADIUM AT AND T STADIUM, THAT WAS GONNA ALL BE RETAIL. 
          THAT DIDN'T HAPPEN. 
          BUT WE CAME BACK AND WE REDID IT. 
          AND NOW THIS HAS BEEN THE MAIN FUNDING MECHANISM FOR THE LOWE'S ENTERTAINMENT DISTRICTS, UM, AND EVERYTHING THAT'S GOING ON. 
          UM, LIVE NATION, THOSE TYPE OF THINGS. 
          UM, ALE SALINA, WE'VE DONE ABOUT FIVE TIPS FROM SALINA, YOU KNOW, THE GROWTH THAT THEY'RE EXPERIENCING. 
          UM, FOR DOWNTOWN SINGLE FAMILY. 
          AS I SAID, I STARTED MY CAREER WITH THE CITY OF DALLAS. 
          WE'VE DONE A NUMBER OF TIPS WITH THEM. 
          EL PASO, I THINK WE'RE NOW ON TIF 15. 
          AND EL PASO WAS JUST OUT THERE TWO WEEKS AGO DOING ANOTHER ONE. 
          THEY'RE DOING THE NOTES LIVE, WHICH IS AN ENTERTAINMENT VENUE THAT MCKINNEY'S DOING. 
          AND THE TIFF IS GONNA BE THE MAIN FUNDING MECHANISM THAT'S IN THERE. 
          UM, FORT WORTH HAS ABOUT 20 TIFFS. 
          UM, SO I WON'T GO THROUGH ALL THOSE, BUT YOU CAN SEE THAT THERE'S, THERE'S QUITE A VARIETY OF SIZES OF CITIES. 
          UM, I'M LOOKING AT DOING ONE IN ONLY TEXAS. 
          UM, YOU KNOW, I MENTIONED BAY CITY, WE JUST DID ONE IN THE WHARTON. 
          SO IT'S A MECHANISM THAT'S, UM, VERY WELL, IT'S A DEDICATED REVENUE STREAM, SO IT'S A LITTLE BIT DIFFERENT THAN A THREE 80. 
          AND NOT TO GET TOO LEGALISTIC HERE, BUT A CHAPTER THREE 80 IS SUBJECT TO ANNUAL APPLICATIONS. 
          SO IF YOU DID A THREE 80 FOR 10 YEARS WHERE YOU'RE REVA SOMEBODY'S TAXES, IF YOUR BUDGET RAN INTO PROBLEMS, YOU CAN TECHNICALLY TERMINATE THAT WITH THE TIP THAT MONEY IS IN THERE FOR THAT PERIOD OF TIME. 
          SO IT'S A LITTLE BIT STRONGER FROM A A REVENUE STANDPOINT AND FROM A GUARANTEE STANDPOINT FROM HOW YOU PAY OUR PROJECTS. 
          SO THE NEXT STEPS IS, UM, WE'D LIKE TO CONSIDER INITIATING A TURS CREATION PROCESS. 
          UM, AS I MENTIONED BEFORE, IF WE CREATE THE TURS BEFORE DECEMBER 31ST, 2024, IT SETS THE BASE IS JANUARY 1ST, 2020. 
          SO THERE'S JUST TWO IN MY SHOP. 
          AND IF I CAN JUST SAY THE LAST WEEK OF THE YEAR, OR SOMETIMES THERE'LL BE THREE OR FOUR MEETINGS A DAY,  AROUND NORTH TEXAS. 
          'CAUSE EVERYBODY WANTS TO GET THAT YEAR IN. 
          'CAUSE THERE MIGHT BE A PROJECT THAT'S UNDER CONSTRUCTION THAT THEY WANT TO KIND OF CREATE REVENUE FOR. 
          AND SO, UM, I THINK IF WAYNE'S GONNA TALK ABOUT SOME BOUNDARIES FOR A POTENTIAL ZONE, AND ONCE AGAIN THEY CAN BE, UH, NON-CONTINUOUS. 
          SO WITH THAT, DAVID AND ELAINE, I THINK THIS MIGHT BE A GOOD TIME TO MAYBE JUST TALK ABOUT, TAKE ANY QUESTIONS FOR THE OVERALL CONVERSATION, BUT BEFORE WE TALK ABOUT SOME SPECIFIC AREAS. 
          AND I HAD A COUPLE NOTES THAT I JUST WANTED TO MAYBE GIVE A LITTLE CLARIFICATION ON AS YOU WERE GOING THROUGH IT. 
          YES, SIR. 
          YOU ALL JUMP IN AS WELL. 
          SO EARLIER WHEN WE WERE TALKING ABOUT THE TIFF AND WHAT WE DO WITH THE INCREMENT AND HE, WE GAVE THE EXAMPLE OF KIND OF 50 50, 50% GOING INTO THE TIF FUND, 50% GOING TO GENERAL FUND. 
          THAT'S SOMETHING WE CAN DETERMINE AS YOU COME UP WITH A PROJECT PLAN. 
          SO WHAT YOU OFTEN SEE IS YOU START OFF, MAYBE IT'S 75% GOES TO THE TOURS, 25% GOES TO THE GENERAL FUND IN FIVE YEARS IT GOES TO 50 50, IT'S SEVEN 10 YEARS. 
          SO YOU HAVE A STAIR STEP DOWN. 
          SO THAT WOULD BE PART OF THE PROJECT PLAN ALONG WITH WILL YOU MAKE THE BOUNDARIES. 
          AND SO A LOT OF THE CONVERSATION WAS ABOUT SPECIFIC PROJECTS, BUT CERTAINLY YOU SEE A LOT OF TIPS AND TOURS THAT ARE REALLY FOCUSED ON, IN AN INDIVIDUAL PROJECT PROJECT. 
          BUT I THINK ESPECIALLY WHEN WE'RE LOOKING AT THE CIRCLE, WHICH WE'LL GET TO, WE WANT, MAY WANNA MAKE THAT BOUNDARY A LITTLE WIDE, A LITTLE WIDER SO THAT WE CAN DO OTHER PROJECTS AS WELL. 
          AND THAT WOULD BE PART OF THE PROJECT PLAN, BUT YOU CAN EXPAND IT A LITTLE BIT. 
          AND THEN FINALLY, I JUST WANNA MAKE THE ONE NOTE ON THE, ON THE DEBT SERVICE, HE IS, UH, DAVID IS CORRECT, 
          [00:20:01]
WE WOULD NOT RECOMMEND VERY LIKELY THAT WE WOULD ISSUE DEBT WITH DET BACKING THE DEBT BECAUSE OUR, OUR RATE, WE WOULD, OUR CREDIT RATING WOULD BE A LOT LOWER THAN OUR, OUR GRADE CREDIT RATING WE HAVE NOW AND A NUMBER OF OTHER REASONS. 
          BUT WE CERTAINLY COULD ISSUE THE DEBT WITH THE FAITH CREDIT FROM THE ENTIRE TOWN, FROM THE GENERAL FUND, FROM THE, FROM THE PROPERTY TAX AND THEN PAY THE DEBT SERVICE FROM THE TOURS. 
          THAT'S SOMETHING THAT WE VERY LIKELY COULD DO. 
          SO JUST TO GIVE THAT CLARIFICATION THAT WE COULD STILL PAY DEBT SERVICE, WE JUST LIKELY WOULDN'T ISSUE IT AS TOUR'S, BONDS. 
          YEAH. 
          AND, AND, AND THAT HAPPENED IN STEPHENVILLE. 
          THEY KNEW THEY NEEDED TO BUILD CARBON ROAD AND SO IT WAS $13 MILLION. 
          THEY FLOATED THAT AND THEN WE BUILT THE PROJECT AND NOW IT'S PAYING FOR THE DEBT SERVICE. 
          SO THAT'S JUST A GOOD EXAMPLE. 
          AND THEN I JUST WANNA ADD A POINT OF CLARIFICATION AS WELL. 
          I THINK WE DID A GOOD JOB TALKING ABOUT THE INCREMENT AND HOW THAT CAN BE ALLOCATED BETWEEN THE GENERAL FUND AND THE TIFF FUND, BUT ALSO I DON'T THINK IT WAS STATED CLEAR ENOUGH THAT WHATEVER THAT BASE IMPROVEMENT VALUE ALL OF THE BASE STAYS WITHIN THE GENERAL FUND AS WELL. 
          SO IT'S REALLY ONLY THE NEW INVESTMENT OR THAT, UH, ORGANIC GROWTH THAT DAY. 
          THOSE, THOSE TWO MECHANISMS, THE GROWTH, THE ORGANIC GROWTH OR NEW CONSTRUCTION IS WHAT'S GOING IN THERE. 
          YOU CONTINUE TO RECEIVE WHAT YOU'RE CURRENTLY RECEIVING TODAY AND THEN HOWEVER YOU WANNA STRUCTURE IT CAN BE STAIR STEPS BE 75 25 FOR THE FIRST FIVE YEARS, THEN IT GOES 50 50, 25, 75, WHATEVER YOUR IMAGINATION WE CAN COME UP WITH AS FAR AS A PARTICIPATION TABLE OVER THE PERIOD THAT, I'LL TURN IT OVER. 
          I GOT A COUPLE. 
          OH, ABSOLUTELY. 
          UH, SO AS, UH, THE INCREMENT PORTION, UM, DOES THE, DOES THE COUNTY AND THE ISD, DO THEY GET A HUNDRED PERCENT OF EVERY OF EVERYTHING? UH, YES SIR. 
          IF THEY'RE NOT PARTICIPATING. 
          IF THEY'RE NOT PARTICIPATING, SO THEY COULD PARTICIPATE, IS THEY, THEY THEY COULD PARTICIPATE. 
          UM, I, I JUST, I WANNA SAY THAT, UM, I'VE WORKED WITH, UH, DALLAS COUNTY, THEY HAVE SOME TIFF RULES THAT ARE IN PLACE AND TYPICALLY HAVE SOME AFFORDABLE HOUSING COMPONENTS THAT COME ALONG WITH IT. 
          MM-HMM. 
          SO A LOT OF COMMUNITIES DON'T WANNA HAVE THAT. 
          AND SO THAT AUTOMATICALLY TAKES OFF THE TABLE. 
          AND THEN ALSO WANNA MENTION IN 1999, A LOT OF PEOPLE WERE USING TIFFS TO SHELTER FOR ROBINHOOD OR ISDS. 
          SO BROAD PRACTICAL PURPOSES, ISDS CANNOT PARTICIPATE TIFFS. 
          AND SO I DON'T EVEN WANT TO GET INTO SCHOOL VOUCHERS AND EVERYTHING ELSE, BUT IT WAS A WAY TO PROTECT CITY'S REVENUE OF PUTTING IT INTO A TIP. 
          AND THEN WHAT'S THE COST, THE DEPENDEN SOMETHING LIKE THIS. 
          SO, UM, WE CHARGE JUST KIND OF LIKE ON AN HOURLY BASIS IT'S FOR YOU TO, AND THEN ON AN ANNUAL BASIS IT'S REALLY JUST WAYNE'S TIME AND IT COMES FROM THE DALLAS COUNTY APPRAISAL DISTRICT. 
          SO NO, NO ANNUAL ACCOUNT, I WOULD SAY THOUSAND A YEAR. 
          OKAY. 
          IT WOULD, IT WOULD REALLY BE RUN BY THE FINANCE DEPARTMENT AND ECONOMIC DEVELOPMENT. 
          OKAY. 
          AND WE CAN ALSO USE THE TIFF FUND TO PAY FOR ANY ADMINISTRATIVE COSTS WITHIN THERE SO THAT THE COST OF IT, IT SORT, THE PAYS FOR ITSELF IN ESSENCE IS THAT THE GENERAL FUND WOULD IF, IF WE CHOSE TO GO THAT ROUTE. 
          AND FURTHERMORE, IT STATES IN THE STATUTE THAT YOU HAD TO SET ASIDE ADMINISTRATIVE COSTS. 
          SO THE WOMAN THAT WORKED FOR ME WORKED IN CITY FORT WORTH. 
          SO EVERY TIP SHE WORKED ON, SHE WAS A GENERAL FUND EMPLOYEE, SHE WOULD WORK AND HAVE TO PUT HOURS WHAT SHE WORKED ON, TIP TWO, TIP THREE, AND THAT TIP WOULD REIMBURSE HER TIME. 
          AND JUST TO BE CLEAR ON USING THE PAYBACK DEBT. 
          SO WE, WE SET ASIDE OR WE COME UP WITH A PLAN, IDENTIFY A PARCEL DEVELOPER COMES IN AND SAYS, UM, YOU KNOW, I'D LIKE TO CONSTRUCT OR YOU KNOW, I LIKE YOUR PLAN AND, AND WE'LL WE'LL MAKE THE INVESTMENT, BUT BECAUSE OF THE LAG, RIGHT, IF THERE'S INFRASTRUCTURE NEEDS, WE COULD ISSUE DEBT FOR THAT INFRASTRUCTURE, SET UP THE TIFF, AND THEN USE A TIFF TO, TO FUND THAT DEBT OR PAY THAT DEBT BACK. 
          ABSOLUTELY. 
          THAT CORRECT. 
          AND, AND WE COULD ALSO CREATE A LOAN FROM THE GENERAL FUND TO KIND OF SEE THE TIFF AND THEN THE TIFF COULD ACTUALLY PAY THE, THE GENERAL FUND BACK. 
          SO THERE'S A COUPLE DIFFERENT WAYS THAT WE COULD, UH, GO AHEAD AND GET THE TIP SET UP. 
          AND, AND IF I CAN SAY ON BOND FINANCING, WHAT I'VE DONE IN THE PAST IS WE'VE DONE LIKE TWO YEARS CAPITALIZED INTEREST. 
          SO THE CITY'S NEVER REALLY SUBSIDIZING. 
          SO IT TAKES TWO YEARS FOR A PROJECT TO BE BUILT. 
          WE JUST BUILT THAT INTO BOND INSURANCE. 
          BUT YOU CAN'T GET BETTER THAN TAX EXEMPT BONDING , YOU COMPARE THAT TO PRIVATE INVESTMENTS. 
          IT'S FINE. 
          THANK YOU. 
          I COULD JUST, YOU KNOW, WHEN WE TALKED ABOUT THE PROJECT PLAN AS WELL, THERE'S A FINANCING PLAN THAT GOES ALONG WITH THAT. 
          BUT YOU WOULD EVEN AT THE ONSET OF CREATE, YOU WOULD PLAN A LOT OF THAT OUT, ESPECIALLY FOR THE PROJECTS THAT YOU KNOW ABOUT. 
          SO IF WE'RE LOOKING AT THE CIRCLE, ANYTHING RELATED WITH TOD, WE WOULD PLAN OUT WHEN THE DEBT ISSUANCE WILL SPEED, WE WOULD MAKE SOME ASSUMPTIONS ON THAT TERMS AND THEN WE WOULD COME UP WITH SOME OF THOSE PLANS AT THE ONSET. 
          NOW THAT COULD CHANGE, OBVIOUSLY THINGS CHANGE, BUT YOU WOULD TRY TO PLAN A LOT OF THAT OUT IN ADVANCE WHEN YOU MAKE THE TERMS, YOU ESTABLISH THE CHOICE. 
          AND THEN 
          [00:25:01]
HOW DO YOU MAKE THE CALL ON WHETHER YOU, YOU INCLUDE SOMETHING IN A, A TIF OR A CLEAR OR NOT BECAUSE I MEAN YOU, YOU'RE ESSENTIALLY TAKING AWAY FROM THE GENERAL FUND IF, IF YOU START FUNDING A PROJECT THAT WOULD COME HERE ANYWAY, I THINK, WELL, I THINK SO THAT, THAT'S PART OF THE, AS WE GET TO THE NEXT PIECE AND HAVE THE FUTURE CONVERSATION, THAT'S THE EXACT QUESTION YOU WANNA ASK. 
          SO IF WE'RE LOOKING, AGAIN, I THINK THIS IS JUST THE EASIEST ONE AND WE'RE ABOUT TO GET INTO LOOKING DOWN HERE. 
          YOU TRY TO LOOK AT AREAS THAT THE DEVELOPMENT THAT'S GONNA HAPPEN AS WE INCENTIVIZE THINGS IS GONNA REALLY SKYROCKET. 
          WE TALKED ABOUT THOSE TWO DIFFERENT WAYS. 
          THE VALUES ARE GONNA INCREASE YOU. 
          WHAT YOU DON'T WANNA DO IS CREATE A TOURS THAT IS JUST GOING TO HAVE THE, THE, THE INCREMENT THAT'S GONNA COME NO MATTER WHAT. 
          JUST THE REGULAR APPRECIATION. 
          YOU DON'T WANT THAT. 
          YOU WANT SOMETHING THAT THE DEVELOPMENT'S GONNA HELP PAY FOR ITSELF SO THAT YOU DO YOU WANT A DEV? SO SAY IT'S HERE AND IT'S MAYBE ON THE OUTER EDGES OF THE TOURS STILL THE DEVELOPMENT BY IT BEING HERE LETS YOU PAY FOR THE INFRASTRUCTURE THAT YOU WOULD WANT AND THINGS LIKE THAT. 
          THAT'S NOT GONNA COME BY ITSELF. 
          UM, BUT THAT IS THE POLICY QUESTIONS THAT WE'VE ASKED IN, IN ESTABLISHING LIKE THE BOUNDARIES FOR THIS. 
          UM, WELL I GUESS THE REAL QUESTION IS CAN YOU HAVE MORE THAN ONE PROJECT WITHIN THAT BOUNDARY? AND THEY ALL HAVE THEIR SEPARATE AGREEMENT ON HOW THEY'RE PAID BACK. 
          YOU CAN HAVE, YOU CAN HAVE A NUMBER OF INCENTIVE AGREEMENTS OR YES. 
          WITHIN A TUR, THE TUR IS REALLY JUST A FINANCING MECHANISM FOR, RIGHT. 
          OKAY. 
          SO JUST TO MAKE IT SIMPLE FOR ME. 
          NO, I LIKE DOING THAT CHAPTER, CHAPTER THREE 11 IN GOVERNMENT CODE. 
          RIGHT. 
          DOES THAT KIND OF FORM THE FUNDING FACILITY THAT WILL PAY LIKE A CHAPTER THREE 80 AGREEMENT? CORRECT. 
          AND SO WE ADDED CHAPTER THREE EIGHTIES. 
          SO BACK IN MY DAY, , THE OLD DAYS, WE USED TO ONLY BE ABLE TO PAY FOR PUBLIC INFRASTRUCTURE. 
          AND SO WHEN I WAS IN DOWNTOWN FORT WORTH DOING THEIR REDEVELOPMENT, I'D HAVE A PROJECT THAT SAYS I HAVE MY ROAD WATER SEWER, I JUST NEED MONEY TO MAKE MY PROJECT WORK. 
          YEAH. 
          SO WE WOULD DO CREATIVE THINGS LIKE LEASE FACADES AND THEY'RE LEGAL OPTICALLY, HOW DOES IT REALLY WORK? BECAUSE WE ONLY GAVE 'EM $800,000, BUT IT WAS A, THE ASHTON HOTEL, WHICH WAS A GREAT PART OF THE RENAISSANCE OF DOWNTOWN FORT WORTH, I WOULD'VE LOVED TO BE ABLE TO A CHAPTER THREE 80. 
          AND IF I CAN TELL YOU ABOUT THE TIP, THE TIP IS KIND OF THE MECHANISM, RIGHT? SO IT JUST SETS IT UP IN PLACE. 
          YOU'RE GONNA HAVE MULTIPLE REQUESTS THAT COME THROUGH THAT HAVE TO GO TO THE TIP BOARD AND, AND IT IS A CLIENT OF MINE, WHICH TWO MOTHER MAYOS TO THE TIP BOARD AND MOTHER MAYO CITY COUNCIL MOTHER MAY. 
          NOW, JUST BECAUSE SOMEBODY'S IN A TIP DOESN'T MEAN THEY'RE ENTITLED TO TIF FUNDS. 
          SO YOU CAN CAPTURE THEIR FUNDS AND USE IT FOR A PROJECT DOWN THE STREET. 
          RIGHT? SO THAT'S WHAT ONE OF THE THINGS THAT WE, PEOPLE GO, WELL I'M IN THIS TIF, I'M ENTITLED TO THIS MONEY. 
          NO YOU'RE NOT, YOU, IT IS THE CITY COUNCIL'S POLICY DECISIONS ABOUT WHETHER YOU PROJECT MEETS THE MERITS THAT WE KIND OF TALKED ABOUT. 
          RIGHT, OKAY. 
          OKAY. 
          AND JUST, I, I, I THINK YOU ANSWERED THIS FOR SURE, BUT LIKE IN YOUR EXAMPLE ON THE, UH, TAX INCREMENT FINANCING THERE, WHERE JUST HAS THE TOWN OF ADDISON AND ALL THE OTHER JURISDICTIONS, WHEN YOU, I THINK IT'S SLIDE SEVEN, RIGHT? AND THEN YOU TALK ABOUT AT THE END WHEN YOU'RE TERMINATING, IF THERE'S FUNDS, THIS WOULD JUST GO BACK TO TOWN OF ADDISON IF YOU HAD RIGHT. 
          CORRECT. 
          ANYTHING THERE WOULD JUST GO BACK TO TOWN OF ADDISON. 
          CORRECT. 
          BUT IF THERE WAS ANOTHER JURISDICTION, YOU WOULD'VE TO TAKE THAT INTO CONSIDERATION. 
          SO IF YOU HAD ANOTHER TAX AND JURISDICTION, UM, DALLAS COLLEGE OR DALLAS COUNTY AND FUND OVER, IT WOULD JUST RETURN WHATEVER THEY CONTRIBUTE. 
          ALRIGHT. 
          YEAH, IT WASN'T USED. 
          RIGHT. 
          HOW OFTEN DOES THAT, HOW OFTEN DO YOU HAVE MULTIPLE JURISDICTIONS? I CAN TELL YOU THAT THE CITY OF DALLAS, UM, IN DALLAS COUNTY WORK HAND IN HAND IN NECK, QUITE A FEW OF 'EM. 
          AND THEY'RE TYPICALLY PARTICIPATING IN THE 50%. 
          MIGHT KINDA SPEAK TO THAT. 
          UM, IT'S BEEN BIG DOWNTOWN PROJECTS. 
          UH, I WAS INVOLVED WITH VICTORY PARK REDEVELOPMENT AND SO THEY, IT BECAUSE THEY MEET POLICY REQUIREMENTS AND IN DALLAS COUNTY, WHICH I DO WORK FOR, THEY HAVE SOME PRETTY STRINGENT RULES THAT YOU HAVE TO HAVE SOME AFFORDABLE HOUSING. 
          AND A LOT OF TIMES WHEN I'M DEALING WITH COMMUNITIES, THEY DON'T HAVE TO HAVE THE DEAL. 
          SO WE, IT WOULDN'T, IT MIGHT NOT BE LIKELY THAT WE WOULD SEE THAT. 
          IT'D BE GREAT IF YOU COULD, I'D BE MORE THAN HAPPY TO GO THROUGH THE STIPULATIONS. 
          IT WOULD BE JUST A POLICY CONSIDERATION WHETHER YOU'RE WILLING TO WORK WITH THOSE STIPULATIONS. 
          IT'S VERY UNLIKELY. 
          NO, I DIDN'T WANNA SAY THAT, BUT I MEAN, WE WILL DO THE ANALYSIS AND LET YOU MAKE THE DECISION, LET YOU MAKE THE DECISION. 
          CURRENTLY THE PROJECTS THAT COME ON BOARD ARE JUST GETTING FUNDED FROM THE GENERAL FUND. 
          AND IT'S IF YOU ARE DOING A, SO IF THERE'S NOT A TIP IN PLACE AND PROJECTS ARE COMING ON BOARD RIGHT NOW, IF YOU DON'T HAVE A TIFF, YOU'RE DOING IT THROUGH SOME 
          [00:30:01]
OTHER MECHANISM. 
          AND THEY WOULD TYPICALLY BE THROUGH A CHAPTER THREE 80 TO WHERE, OR A TAX ABATEMENT OR TO WHERE YOU'RE PAYING FOR COMMUNITY FACILITIES, LIKE WHERE THE CITY'S PAYING FOR ROAD WATER, SEWER DRAINAGE THROUGH SOME SORT OF SEPARATE AGREEMENT. 
          THE TIFF JUST HAS THAT DEDICATED FUNDS. 
          SO YOU'RE NOT GOING THROUGH THAT BUDGET PROCESS IN ORDER TO IDENTIFY THAT OR YOU'RE NOT GONNA BE CAPITAL. 
          SO RIGHT NOW, YOU'LL SEE IN THE NEXT PRESENTATION WHEN I DO MY BUDGET PRESENTATION, WE HAVE AN ECONOMIC DEVELOPMENT FUND THAT IS A PROPORTION OF THE GENERAL FUND. 
          SO IT'S SORT OF PUT OUT THERE SEPARATELY AS THE ECONOMIC DEVELOPMENT FUND, BUT IT ULTIMATELY COMES FROM GENERAL FUND IS WHERE THOSE AGREEMENTS. 
          SO THE ANSWER, THE QUESTION IS YES, IT COMES OUT OF THE GENERAL FUND, IT'S FINE. 
          OKAY. 
          DO YOU HAVE A TYPICAL DURATION THAT YOU'D RECOMMEND FOR THE PROPERTIES THAT WERE CONSIDERED? SO IT DEPENDS IF YOU'RE LOOKING AT PROJECT SPECIFIC, AND WE TRY NOT TO DO THAT BECAUSE THOSE TYPICALLY HAVE A, YOU KNOW, 10 TO 15 YEAR KIND OF TIMELINE. 
          UH, WE TYPICALLY LOOK AT 25 TO 30 YEAR. 
          UM, SO YOU CAN GET THE MOST BANG FOR YOUR BUCK AND ACCUMULATE THE DOLLARS FOR YOUR INFRASTRUCTURE. 
          UM, ONCE YOU ESTABLISH A TIP, UNLESS THE PROJECT IS SHOVEL READY, AND REMEMBER HOW WE DO TAXES JANUARY, ONCE THE SNAPSHOT GO THROUGH A RB, YOU MAIL YOUR INVOICES OCTOBER ONE, THAT MONEY COMES JANUARY 31ST. 
          SO IF THERE'S A 13 MONTH LAG ON HOW THAT MONEY COMES IN, SO YOU'RE TYPICALLY HAVING TWO TO THREE YEARS BEFORE THAT MONEY COMES IN, AND SO YOU DON'T HAVE TO GET ALL THE REVENUE THAT A PROJECT'S GENERATING BACK TO THEM. 
          SO I ALWAYS LIKE TO HOLD A LITTLE BIT OF DRY POWDER, IF YOU WILL, IN RESERVES TO HELP PAY FOR OTHER PROJECTS THAT DON'T PRODUCE REVENUE PARKS, THOSE TYPE OF THINGS. 
          AND SO, UH, 30 YEARS WE HAVE FOUND TO BE A SWEET SPOT, BUT YOU DO HAVE THE OPPORTUNITY TO SHORTEN THE TIFF OR LENGTH. 
          AND THAT'S JUST THROUGH SEPARATE, IT SEEMS LIKE FOR THE DEVELOPER, IT'S ALL PRETTY MUCH ALL UPSIDE, RIGHT? OR IS THERE ANY DOWNSIDE THAT A DEVELOPER WOULD LOOK AT AND SAY THAT THAT'S, I DON'T WANNA PARTICIPATE. 
          I, I WORK FOR QUITE A FEW DEVELOPERS. 
          UM, I USED TO WORK FOR A LOT OF 'EM, BUT NOW THEY TYPICALLY WELL HEALED BECAUSE THE TWO OF US CAN PUT AN LLC TOGETHER AND I NEVER GET PAID, RIGHT? SO , BUT I, IF I'M ADVISING A PRIVATE DEVELOPER, I WOULD SAY I WOULD TAKE A TIP AGREEMENT OVER A CHAPTER THREE 80 FOR THAT ONE LEGAL REASON I WAS TELLING YOU IT'S NOT KNOWN MR. MANAGER, YOU CAN, THE BUDGET PROCESS, A CHAPTER THREE 80 IS AN ANNUAL CONTRACT. 
          IT MIGHT SAY IT'S FOR 20 YEARS YOU'RE GIVING THAT MONEY, BUT IF YOU DECIDE TO JUST GET RID OF THREE 80 IN ONE YEAR, YOU CAN'T, A TIP IS NOT, IT'S A DEDICATED FUND FOR THAT PERIOD OF TIME. 
          SO FROM A DEVELOPER STANDPOINT, IT'S MORE VIABLE AS FAR AS REVENUE SOURCE THAT I CAN BANK ON CHAPTER THREE 80. 
          THEORETICALLY, I DON'T KNOW THAT HAPPENING. 
          WELL, AND IRVING HAD SOME LITIGATION AND STUFF LIKE THAT WITH BILLY BOB. 
          BUT ANYWAY, IT'S, IT IS A MUCH MORE SOLID REVENUE STREAM FROM THE DEVELOPER STANDPOINT AND FROM THE CITY STANDPOINT. 
          I WOULD ALSO SAY THAT IT CAN ALSO, UH, CAP THE AMOUNT OF REVENUES THAT WE WOULD CONTRIBUTE TO A PROJECT AS WELL, BECAUSE IT'S ONLY GONNA BE GENERATING THE INCREMENT THAT IT GENERATES. 
          SO IF IT DOESN'T GENERATE INCREMENT, THEN THERE'S NO FUNDS DISTRIBUTED TO THE DEVELOPERS. 
          SO THERE COULD BE, YOU KNOW, THEORETICALLY A DOWNSIDE FOR THEM OF PROTECTION FOR US WHERE WE'RE, WE DON'T, WITH THE PRE 80, THE FUNDS ARE AVAILABLE IN THE GENERAL FUND, WE WOULD BE OBLIGATED TO PAY THAT. 
          BUT IN A TERMS, IF THE FUND'S NOT THERE, WE CAN'T, CAN'T MAKE A PAYMENT, RIGHT? SO IF THEY DON'T PERFORM, THEN THERE'S NO MONEY FOR THEM TO HAVE. 
          WHAT IF, WHAT IF IT'S A FUNDED TIP AND YOU HAVE A DEVELOPER THAT KICKS OFF A PROJECT BUT DOESN'T PERFORM, YOU'VE GOT THIS AGREEMENT TO YOUR POINT ABOUT THE THREE 80 VERSUS THE TIFF. 
          CAN YOU, CAN YOU SUDDENLY PULL AGREEMENT? EVERY AGREEMENT THAT I DO, UM, TO DO THIS ON HOURLY BASIS SEEMS PERFORMANCE BASED. 
          YOU PULL A BUILDING PERMIT BY THIS TIME YOU GET A CERTIFICATE OF OCCUPANCY BY THIS TIME IF YOU MAINTAIN THIS PROPERTY AND I'M ONLY GONNA GIVE YOU THE TAXES THAT YOU PAY. 
          SO BASICALLY IF YOU DON'T PAY THOSE TAXES, YOU'RE NOT GETTING THOSE BACK. 
          AND SO WE MAKE EVERYTHING CONTINGENT UPON HOW THE PROPERTY PERFORMS AND HOW MUCH TAXES IT PAYS, RATHER THAN JUST AN OPEN ENDED, I'M GONNA GIVE YOU $250,000. 
          YOU DON'T HAVE TO DO IT. 
          OKAY. 
          AND JUST, JUST TO BE CLEAR THAT, I MEAN THAT, THAT'S A GOOD EXAMPLE AND THAT'S HOW WE WOULD COME UP WITH THOSE. 
          BUT THE TIP IS REALLY JUST THE FUNDING MECHANISM FOR THAT. 
          I MEAN THOSE, THOSE WOULD BE THINGS THAT IF WE NEED A THREE 80 OR IF WE DID INFRASTRUCTURE AND REIMBURSEMENTS, THAT WE WOULD REALLY COME UP WITH ALL THOSE PARAMETERS AND THOSE AGREEMENTS FOR THE DEVELOPERS TO ENSURE THAT THEY'RE PERFORMING. 
          IF WE'RE GONNA GIVE THEM ANY INCENTIVE, IT'S JUST REALLY BEST PRACTICES THAT THEY'RE PERFORMANCE BASED. 
          UM, I'VE HAD A LOT OF DEVELOPERS COME UP AND SAY, WELL I NEED, AND THIS JUST HAPPENED IN A VERY LARGE CITY, I NEED $8 MILLION TO COVER MY DUE DILIGENCE. 
          AND UM, I SAID, THAT'S GREAT, BUT WHAT HAPPENS IF YOUR PROJECT DOESN'T GO FULL? WE DON'T OWN THE LAND THEN WE JUST HAVE A BUNCH OF ARCHITECTURAL PLANS THAT DON'T DO ANYTHING. 
          SO THAT WAS THE NON STAR, YOU KNOW, SO THESE ARE JUST SOME OF THE 
          [00:35:01]
BEST PRACTICES AND PERFORMANCE AGREEMENTS ARE JUST BEST WAY TO DO IT. 
          THAT YOU'RE HOLDING THE DEVELOPER SPEED OF THE FIRE THAT THEY'RE DOING WHAT THEY'RE SUPPOSED TO DO. 
          IF THE VALUE COME IN LESS THAN WHAT WE PROJECTED, THEY GET LESS. 
          SO, UH, I HAVE A LOT OF PEOPLE COME IN AND GO, MY APARTMENTS GONNA BE WORTH $400,000 OR THESE HOMES ARE GONNA BE WORTH, YOU KNOW, 800,000 BUCKS. 
          OKAY. 
          AND THEN THEY COME IN, THEY'RE SELLING 600 BECAUSE THERE WAS SOME FUN IN RECESSION OR SOMETHING THAT THEY'RE ONLY GONNA GET A PORTION OF WHAT THEY GENERATE NOT BASED UPON WHAT OUR PROJECTIONS. 
          SO THESE ARE ASSUMPTIONS THAT GO INTO THESE PROJECT AND FINANCING PLANS. 
          ONCE THE TIF PROJECT AND FINANCING PLAN IS, UM, ADOPTED, IT'S REALLY UP TO WAYNE AND Y'ALL TO HIT BOOTS ON THE GROUND TO MAKE PROJECTS HAPPEN. 
          BECAUSE IF YOU'RE NOT ACTIVELY GOING OUT THERE AND PUSHING THOSE PROJECTS, YOU KNOW, WITH THE DEVELOPMENT OCCUR, YOU KNOW, THAT'S WHERE I WAS TALKING ABOUT YOU CAN INCREASE THE TINY FOR WHEN A PROJECT COMES ONLINE RATHER THAN WAITING FIVE YEARS IS COMING ON YEAR NOW AND YOU CAN ALSO INCREASE THE QUALITY. 
          WE DON'T WANT THAT TYPE OF DEVELOPMENT. 
          SO WE WANT TO INCENTIVIZE THIS TO GET THIS TYPE OF, SO THERE'S A NUMBER OF DIFFERENT REASONS IN THOSE LITTLE FACTORS THAT I WAS GOING THROUGH AS FAR AS THE FINANCIAL ANALYSIS, WHICH REALLY DOESN'T GO INTO THE PROJECT FINANCING PLAN, BUT IT'S JUST KIND OF A GOOD, UM, UM, PRECURSOR TO HOW YOU NEGOTIATE THESE STUDENTS IF YOU ARE DOING, AND AS FAR AS OUR CREDIT RATING, THERE'S NOT A NEGATIVE IMPACT UNLESS WE WERE POTENTIALLY DO, UH, BOND FUNDING TO, TO FUND IT. 
          IS THAT RIGHT? IT, IT'S NOT GONNA AFFECT OUR OVERALL CITY CREDIT RATING. 
          UM, NOW IF WE, WE'VE ISSUED THAT CITYWIDE, IT WOULD JUST, IT WOULDN'T IMPACT IT IF WE WERE GOING TO SAY WE'RE GONNA FUND THIS DEBT AND THE ONLY REVENUE SOURCE IS THE TUR, THE THET, THAT WOULD BE A TURS BOND AND THAT'S WHERE YOU WOULD GET LOWER CREDIT RATING. 
          BUT THAT WOULD NOT BE OUR RECOMMENDATION FOR THAT. 
          OKAY. 
          AND, AND MOST OF THE CITIES THAT ARE DOING SOME SALINA, THEY'RE DOING PIT TURS OVERLAYS. 
          SO WHEN I JUST MENTIONED THAT I HAVE A DEVELOPER HAS A SITE PLAN AND YOU CAN SAY, I'M GONNA DELIVER IN 26, 27, 28, 29, ALL THIS RETAIL AND EVERYTHING ELSE, IF I WENT TO THE CITY AND TRIED TO FLOAT THAT, IT WOULD BE CONSIDERED A JUMP PUMP BECAUSE THE REVENUE'S NOT THERE. 
          SO YOU CAN FLOAT IT, BUT IT'S GONNA HAVE TO HAVE SOME BELTS AND CENTERS OR SOME BACKING. 
          SO WHAT THEY'RE DOING TODAY IS PUTTING IN PUBLIC IMPROVEMENT DISTRICTS TO WHERE THEY PUT THAT ASSESSMENT THAT THAT'S THE DEBT. 
          AND SO NOT RECOMMENDING THAT HERE. 
          SO, UM, THAT'S WHERE I THINK THE MANAGERS, IF YOU KNOW THE PROJECT'S GONNA HAPPEN AND YOU HAVE THE REVENUE THERE, THAT'S WHERE YOU CAN, YOU CAN BOND IT THROUGH YOUR TYPICAL BOND COS OR GOS THAT WOULD TYPICALLY GO FORWARD. 
          BUT YOU REALLY, IT'S, IT'S SO MANY BOND COUNCILS, FINANCIAL ADVISORS, I HAVE TO SEE THE MONEY. 
          IT CAN'T BE A NUMBER ON A SPREADSHEET FIVE YEARS OUT. 
          IT HAS TO BE IN BANK AND IT HAS TO BE STATE . 
          COULD COUNCIL SAY THAT? 'CAUSE I HAVE SOME INCOME PRODUCING PROPERTIES. 
          SO I, I MENTIONED IN FORT WORTH, BUT I WAS MANAGING DOWNTOWN FORT WORTH IN 19 AND 2000 WHEN THE TORNADO HIT. 
          AND SO I HAD A BUILDING THAT WAS $43 MILLION THE TOWER, AND IT WENT DOWN TO THREE. 
          SO MY TIFF WENT WHOLE. 
          NOW THAT'S A, UH, UH, UM, , NOBODY ANTICIPATED IT, BUT I STILL HAD TO EAT THAT, THAT WE HAD SO MUCH APPRECIATION 'CAUSE THE TAXABLE VALUES WERE SO DEPRESSED, THEY'RE TRYING TO GET CLOSER TO MARKET VALUE THAT WE MADE IT UP. 
          AND SO, UM, THAT WORKED OUT. 
          BUT IT WAS A, IT WAS A SLEEPLESS NOT FOR ME. 
          UM, AND THEY ALSO VALUED THE TANGER OUTLET WHERE RADIO SHACK USED TO BE 56. 
          AND THEN JOHN MARSHALL, WHO'S THE CHIEF APPRAISER, HE WAS ALSO MY BUDGET PROFESSOR AT MOORE, TEXAS WHEN I WAS GETTING MY MBA. 
          HE GOES, YEAH, WE CLASSIFIED THAT AS A CLASS A. 
          IT'S REALLY A CLASS C, SO IT'S REALLY WORTH 26 MILLION. 
          SO I LOST $27 MILLION ON ONE BUILDING ON ONE DAY. 
          SO ON INCOME PRODUCING PROPERTIES, YOU WANNA BE VERY CAREFUL, YOU KNOW, AND SO THAT'S WHY WE ALWAYS WANT TO TAKE A CAUTIOUS BELTS AND SUSPENDERS APPROACH AS WE HAVE MONEY IN THE BANK. 
          IT MAKES THE MOST SENSE. 
          IT'D PROBABLY BE GOOD TO TALK ABOUT THE TWO AND THE REST OF THE PRESENTATION. 
          SORRY, . 
          NO, NO, IT'S GOOD. 
          UH, I THINK WHAT'S INTERESTING ABOUT THE TWO EXAMPLES THAT WE HAVE ARE THEY ARE THESE DIFFERENT, THEY HAVE DIFFERENT KIND OF CONSTRAINTS AND THEY HAVE DIFFERENT PHASES OF WHERE WE ARE RIGHT NOW, WHICH IS GOOD TO THINK ABOUT AS YOU MAKE THESE PLANS WHERE ADDISON CIRCLE, OBVIOUSLY WE HAVE A LOT OF PLANS IN PLACE ALREADY. 
          WE HAVE SOME PROJECTS WE KNOW THAT ARE COMING AND WE CAN KIND OF CONCEPTUALIZE WHAT THAT COULD LOOK LIKE AND THAT QUESTIONS HOW BROAD DO WE WANT TO MAKE IT? AND WAYNE WILL GET INTO THAT. 
          BUT THEN WE LOOK AT INWOOD, THAT'S REALLY SOMETHING THAT IS KIND OF WIDE OPEN. 
          YOU CAN HAVE A PLAN THAT DOES THAT. 
          AND TO YOUR POINT EARLIER ABOUT DEVELOPER AND WE LOOK AT INWOOD, THAT THAT ALSO TELLS THE DEVELOPMENT COMMUNITY THAT WE'RE HERE TO DO SOMETHING AND WE'RE STARTING TO PUT THESE TOOLS IN PLACE. 
          SO THEY HAVE DIFFERENT BENEFITS. 
          AND I THINK THESE ARE INTERESTING EXAMPLES TO SEE HOW YOU CAN USE THEM IN DIFFERENT WAYS. 
          YEAH, NO, THANK YOU. 
          YOU TEED THAT UP PERFECTLY, DAVID. 
          SO, UH, THIS IS 
          [00:40:01]
THE ADDISON CIRCLE SPECIAL AREA STUDY THAT WAS DONE IN 2017, I BELIEVE. 
          AND SO REALLY THIS KIND OF WAS THE GROUNDWORK THAT ULTIMATELY, UM, UH, RESULTED IN THE RFP AND LED TO THE TOP PROJECT THAT WE HAVE NOW. 
          AND SO YOU'LL BE, YOU KNOW, HOPEFULLY VERY FAMILIAR HERE ON COUNCIL WITH THIS AREA RIGHT HERE, WHICH IS, UM, ALWAYS KIND OF CONSIDERED AS, UH, THE TOWN OWNS AND CONTROLS THIS PROPERTY. 
          THIS IS THE DART PROPERTY. 
          WE DON'T NECESSARILY CONTROL THAT RIGHT NOW. 
          UM, BUT WITHIN HERE YOU HAVE THIS AREA RIGHT HERE IS CURRENTLY VACANT. 
          YOU HAVE A VACANT AREA HERE. 
          AND SO IT REALLY ENVISIONED DEVELOPING OUT ALL THE WAY TO THE TOLLWAY. 
          AND THEN JUST RIGHT HERE, IF YOU COME UP THE MAP, YOU'RE COMING NORTH AND NOW WE'RE PICKING BACK UP HERE TO THIS AREA, WHICH IS A, A COUPLE VACANT LOTS. 
          IN FACT, ACTUALLY THIS DEVELOPMENT IS ALREADY COMING IN HERE. 
          UM, BUT THEN YOU HAVE, UH, THIS IS, UH, A VACANT LOT, BUT THERE'S SOME AREAS HERE THAT ARE PRIME FOR REDEVELOPMENT. 
          AND THE GOAL HERE WOULD BE TO TAKE THIS CATALYST PROJECT THAT WE KNOW THAT IS COMING AND LEVERAGING THAT INCREMENT SO THAT WE CAN DRIVE THE ECONOMIC GROWTH EAST TOWARD THE TOLLWAY AND UP HERE, UH, TO THE, TO THE NORTH. 
          OR IF THAT DEVELOPMENT IS ALREADY HAPPENING, LIKE WE HAVE HERE, ONCE AGAIN, LEVERAGING THAT INVESTMENT THAT'S COMING IN SO THAT WE CAN REALLY, UM, YOU KNOW, CREATE THAT CIRCULAR ECONOMY WITHIN THERE AND BUILD THAT TOD OUT. 
          UM, AND THEN, SO THIS IS, WE KIND OF TOOK THAT AND, AND WE KIND OF MADE, UH, OUR BEST GUESSTIMATE OF WHAT THAT BOUNDARY WOULD LOOK LIKE. 
          IT'S PRETTY MUCH EXACTLY THE SAME AS THAT AS IT WAS RECOMMENDED IN THE, UH, SPECIAL AREA STUDY. 
          THE ONLY DIFFERENCE IS WE ACTUALLY ADDED THIS LOT RIGHT HERE, WHICH IS CURRENTLY FOR SALE. 
          AND I KNOW THE DEVELOPER IS LOOKING TO REDEVELOP THAT SITE. 
          IT'S CURRENTLY A, YOU KNOW, AN OFFICE BUILDING, OR I'M SORRY, NOT THE DEVELOPER, THE OWNER IS SELLING IT FOR A REDEVELOPMENT OPPORTUNITY. 
          SO WE DECIDED TO GO AHEAD AND PULL THAT IN AS WELL. 
          THAT WAS NOT RECOMMENDED SPECIAL AREA SETTING. 
          SO I'LL LET TAKE A LOOK AT THAT. 
          AND THEN, UM, THIS IS THE INWOOD UH, CORRIDOR. 
          SO THIS IS KIND OF A DIFFERENT SITUATION, RIGHT? WE DON'T HAVE A CATALYST PROJECT LINED UP, WHICH IS MORE OF A DIFFICULT SITUATION, BUT WHAT THIS TRULY DOES IS THIS IS A MESSAGE TO THE MARKET THAT THE TOWN, IF WE WERE TO CREATE A TIFF OR A TOURISM IN THIS AREA, THAT THE TOWN IS COMMITTED TO PARTICIPATING IN THAT. 
          AND THAT THAT WILL GO A MUCH LONGER WAY FOR WHEN UH, POTENTIAL DEVELOPERS OR UH, INVESTORS ARE LOOKING AT THAT AREA. 
          THEY KNOW THAT THE CITY HAS ALREADY MADE THAT COMMITMENT AND WE'RE ON BOARD. 
          AND THEN IT JUST COMES TO FINDING THE RIGHT PROJECT THAT, THAT WE WANNA PARTNER WITH IN MAKING THAT HAPPEN. 
          UM, SO WITH THAT, I DON'T KNOW IF THERE'S ANY QUESTIONS ON EITHER OF THESE PARTICULAR AREAS. 
          OH, I, I WANTED TO POINT OUT THAT THIS WAS ACTUALLY A, UH, ONE OF THE NEW, UH, K FFAS THAT COUNCIL DID BACK IN FEBRUARY, MARCH TIMEFRAME. 
          AND, YOU KNOW, THIS WAS ONE OF THOSE DIRECT, UH, INITIATIVES THAT COUNCIL SAID Y'ALL SAID YOU WOULD LIKE TO DO, WHICH IS CONSIDER AN ECONOMIC DEVELOPMENT AND ZONING TOOL FOR THIS AREA. 
          ANY OTHER QUESTIONS? SO I I, I THINK, UM, AS WE GET INTO THE DISCUSSION AND KIND OF MOVING FORWARD, UM, CERTAINLY ANY QUESTIONS THAT YOU HAVE ABOUT THE WHOLE PRESENTATION AS FAR AS THE IMMEDIATE NEXT STEPS, WE DO WANT TO TRY TO MOVE FORWARD IF WE GET SOME DIRECTION AND WE'RE COMFORTABLE WITH ADDISON CIRCLE OF TAKING THE NEXT STEPS ON ADDISON CIRCLE, AND THAT MEANS BRING IT BACK, HAVING MORE DETAILED DISCUSSIONS ABOUT WHAT THAT LOOKS LIKE. 
          BUT IDEALLY WE WOULD START THAT, YOU KNOW, AT THE END OF THE YEAR, RIGHT? WE WOULD, WE WOULD WORK WITH DAVID PETIT'S TEAM AND WHAT WE WOULD DO IS START THAT WHAT WE CALL PRELIMINARY FINANCING AND PROJECT PLAN. 
          SO KIND OF REALLY LOOKING AT WHAT THE, UH, TOD DEVELOPMENT, UH, THE INVESTMENT THAT'S COMING IN THERE, THE INCREMENT THAT THAT'S GONNA BE GENERATING, AND THEN KIND OF ANSWERING THOSE QUESTIONS OF HOW DO WE ENSURE THAT THE, THE FUNDS ARE GONNA BE THERE TO PAY FOR ANY INCENTIVES RELATED TO THAT PROJECT. 
          ANY QUESTIONS OR COMMENTS FROM ANYBODY? I JUST A COMMENT LIKE I I WOULD HAVE A HARD TIME MAKING THE DECISION. 
          I MEAN, IS IT APPROPRIATE FOR, AND CIRCLE, I MEAN, YOU'VE GOT SOMEONE ABOUT TO MAKE A BILLION DOLLAR INVESTMENT, YOU'VE GOT LIGHT RAIL COMING THROUGH. 
          DOES IT REALLY MAKE SENSE TO DO A, THAT AREA IF THERE'S ALREADY A CATALYST PROJECT? THAT, THAT WOULD BE MY QUESTION. 
          BECAUSE SUDDENLY NOW HALF OF THAT INVESTMENT THAT THAT ALARM, 50% OF IT ISN'T COMING BACK TO THE GENERAL FUND. 
          AND THAT REALLY GETS BACK TO MY ORIGINAL QUESTION IS HOW DO YOU KNOW WHAT'S APPROPRIATE AND WHEN USE IT? YEAH. 
          YOU KNOW, AND SO I THINK AND THAT THAT A GREAT, A GOOD POINT AND THAT IT'S IT'S VERY VALID. 
          IT'S VALID. 
          I THINK WHAT A CONSIDERATION WOULD BE WE'RE WE'RE OBVIOUSLY WE'RE JUST TALKING ABOUT THE INCREMENT, RIGHT? IF SO YOU STILL HAVE 50% IN THAT EXAMPLE, 50% DURING THE GENERAL FUND. 
          THAT HELPS WITH EVERYTHING FROM THE GENERAL FUND. 
          BUT WHAT 
          [00:45:01]
IT DOES IS IT ENSURES THAT THE INCREMENT THAT'S COMING HERE IS WHAT, 'CAUSE WE DO HAVE A NUMBER OF INCENTIVES OBVIOUSLY TIED TO THAT. 
          THAT'S CHANGED A LOT AS WE LOOK AT THE PARKING GARAGE IN PARTICULAR, THAT'S BEEN A BIG CONVERSATION OF HOW WE PAY THE DEBT SERVICE FOR THAT PARKING GARAGE. 
          BY DOING THIS, WE ENSURE THAT THIS IS THE AREA THAT'S PAYING THE INCREMENT THAT WE'RE GETTING HERE IS WHAT'S PAYING FOR THE PARKING GARAGE, NOT THE ENTIRE TOWN. 
          SO IT HAS THAT BENEFIT OF THE TOWN STILL BENEFITING FROM THE INCREMENT. 
          OBVIOUSLY IT'S NOT GOING ANY LOWER THAN THE BASE, WHAT IT'S NOW TOWN'S BENEFITING FROM THE INCREMENT. 
          BUT THE INCREMENT, THE OTHER PIECE OF THAT INCREMENT IS REALLY JUST GOING BACK TO PAY FOR THE INFRASTRUCTURE THAT WE'RE PUTTING IN THIS AREA AND IT'S NOT BURDENING THE REST OF THE TOWN. 
          SO THAT WOULD BE A PART OF THE CONVERSATION. 
          AND, AND I'M SORRY OTHER THAT INCREMENT THAT COMES IN, 50% WOULD GO INTO THE GENERAL FUND IF 50% GOES INTO THE, WE GET TO DECIDE THAT, WHATEVER. 
          EXACTLY. 
          BUT SOME MEANING IT'S MORE OF A MATCHING PROCESS. 
          CORRECT. 
          THAT THE INCREMENT THAT'S GENERATED ON A PARTICULAR AREA IS IT GOES TO BENEFIT THAT AREA, THE PART WHATEVER STAYS IN THE TERMS IS THERE TO THIS AREA. 
          YEAH, AND THAT WAS WHAT I WAS GONNA SAY, IS THERE, THERE'S NO PRESCRIPTION HOW MUCH HAS TO GO INTO THE TIFF AND HOW MUCH GOES TO GENERAL FUND? WE, WE DETERMINE THAT THROUGH THAT PRELIMINARY FINANCING PLAN, RIGHT? AND SO WHEN WE LOOK AT THAT, THE PROCESS THAT'LL COME, UH, COUNSEL WILL SEE THAT PRELIMINARY FINANCING PLAN FIRST, AND UH, DAVID, WE'LL GET DIRECTION TO MOVE FORWARD FROM THERE BEFORE WE FINALIZE THE ACTUAL FINANCING PLAN. 
          I CAN JUST ADD THAT, UM, I ALWAYS LIKE TO SAY THIS IS, Y'ALL HAVE MUCH MORE THAN JUST CRYSTAL BALL HERE BECAUSE YOU HAVE OWNERS THAT ARE TRYING TO DO A REDEVELOPMENT AND SO WE HAVE REAL ESTATE EXPERTISE AND WE SAY THIS IS WHAT WE THINK COULD HAPPEN. 
          AND SO WE DO THOSE PROJECTIONS AND THEN WE PROVIDE YOU WITH A MATRIX AND SAY, OKAY, HERE'S WHAT A 15 YEAR TERM DOES, 25 YEAR TERM DOES 30 YEAR TERM, AND THEN WE GO 25% PARTICIPATION, 50% PARTICIPATION, 75% PARTICIPATION. 
          OKAY. 
          SO WE WILL GIVE YOU THAT MATRIX AND TO WHERE YOU FEEL COMFORTABLE BASED UPON THOSE PROJECTIONS. 
          BUT ONCE AGAIN, YOU HAVE MUCH MORE THAN, IT'S NOT LIKE THIS IS JUST AN OPEN FIELD UP IN, YOU KNOW, UM, THE FARMLANDS YOU HAVE, WE KNOW WHAT WE WANT, RIGHT? AND SO WE CAN MODEL THAT AND THEN WE CAN SEE HOW MUCH YOU WANNA PUT INTO THE GENERAL FUND, HOW MUCH YOU WANNA PUT. 
          SO WE'LL GIVE YOU THOSE OPTIONS ONCE WE'VE COMPLETED THAT ANALYSIS. 
          SO ARE YOU LOOKING FOR DIRECTION FROM US THAT YES, WE'RE INTERESTED IN DOING SOMETHING LIKE THIS AND THEN WE WOULD DECIDE WHICH, WHICH AREAS WE WOULD DO IT? TIFF? THAT I WOULD SAY, I MEAN I THINK WE CAN TALK ABOUT, I'LL TAKE YOUR INPUT ON ANYTHING ADDISON CIRCLE. 
          I MEAN RIGHT NOW AT THE MINIMUM, UM, IT WOULD BE IF YOU'RE, IF YOU'RE COMFORTABLE SAYING, HEY, LET'S MOVE FORWARD, LET'S AT THE NEXT STEP WE'LL GO, WE'RE READY TO TALK ABOUT THE ACTUAL PLAN FOR OUT CIRCLE. 
          THAT'S GREAT. 
          IF YOU SAY YOU JUST WANT TO COME BACK AND TALK ABOUT IT A LITTLE MORE BEFORE WE GET TO THAT POINT, THAT'S GREAT. 
          WE JUST WANT TO, OR IF YOU SAY, HEY, WE'RE JUST SOUNDS GREAT, BUT WE'RE NOT INTERESTED RIGHT NOW, THAT'S FINE AS WELL. 
          SO I THINK WE JUST NEED A LITTLE BIT SO WE KNOW THE NEXT STEPS. 
          AND I GUESS THE TWO CONCRETE THINGS FOR OUT CIRCLE WOULD BE, DO YOU WANT TO HAVE MORE DISCUSSIONS RIGHT NOW? ARE YOU OKAY WITH US DOING SOME BLOOD WORK FOR A FEW MONTHS TO COME UP WITH A TENTATIVE PLAN, HAVING THOSE SYSTEMS? HEY MAYOR, I'M PERSONALLY OKAY WITH MOVING FORWARD WITH THAT, WITH THAT PLAN AND SEE WHAT THAT LOOKS LIKE. 
          I AM, I, I WOULD LIKE, I AGREE I WOULD LIKE TO CONTINUE THE DISCUSSIONS WITH BOTH OF THESE TWO AREAS, BUT I WOULD LIKE A BETTER UNDERSTANDING OF WHY WE WOULD MAP IT WITH SOMETHING THAT'S ALREADY BUILT OR ABOUT TO BE COMPLETED. 
          UM, IS THAT THE POINT YOU WERE JUST MAKING ? THAT'S THE POINT I WAS MAKING. 
          I WOULD SAY TOO, NOT NOW, BUT WHAT WE HAVE THE DISCUSSIONS GO AHEAD. 
          WHAT WERE WE GONNA SAY? YOU KNOW, I, PART OF IT IS WE'VE ALREADY ENTERED THESE AND WE'VE DE WE'VE SAID, WE, WE'VE ALREADY SAID WE'RE GONNA INCENTIVIZE THESE, RIGHT? SO REALLY IT BECOMES HOW DO WE PAY FOR THE INCENTIVE AND THIS IS JUST A WAY TO TALK ABOUT HOW WE PAY FOR IT. 
          AND THEN, THEN YOU CAN GET THE CONVERSATIONS, WHAT'S THE MOST EQUITABLE WAY TO PAY FOR IT? AND THAT'S KIND OF WHAT I WAS REFERRING TO EARLIER. 
          SO I THINK IT'S JUST, WE'RE A DIFFERENT STAGE OF IT, BUT IT DOESN'T CHANGE SOME OF THE FUNDAMENTALS. 
          BUT IT'S A, IT'S A GOOD QUESTION. 
          WHEN YOU, WHEN YOU SAY THAT WE'RE GOING TO INCENTIVIZE THESE LIKE ADDISON, THE ADDISON CIRCLE MAPS PRETTY, PRETTY BIG BROAD AND I'M JUST REFERRING SPECIFICALLY TO TOD. 
          THE TOD PROJECT. 
          OKAY. 
          THE INCIDENT. 
          YEAH, I'M, AND I'M TALKING ABOUT, UM, YEAH, OKAY. 
          I THINK THAT'S WHAT WOULD HELP ME GET OVER THAT IS, YOU KNOW, IT, THERE ARE, I GUESS THERE ARE CERTAIN VARIABLES, RIGHT? WE DON'T HAVE TO SET IT FOR 35 YEARS OR 30 YEARS AND FORGET IT. 
          I MEAN, I GUESS YOU LOOK AT WHAT OUR RESPONSIBILITIES ARE, WHAT WE'RE FUNDING AND HOW QUICKLY WE CAN GET THAT BACK AND THEN GO FROM THERE. 
          THAT'S WHY I WOULD BE . 
          OKAY. 
          GOOD. 
          ANYTHING ELSE YOU NEED FROM US WAYNE? UH, NOPE. 
          JUST THE DIRECTION IS TO GO AHEAD AND START PREPARING THAT, UH, A FINANCING PLAN FOR Y'ALL, CORRECT? YEAH. 
          THANK YOU. 
          THANK YOU WAYNE. 
          THANK YOU DAVID. 
          THANK YOU. 
          PLEASURE. 
          APPRECIATE IT. 
          [b.  Present and discuss non-profit organization grant funding for Fiscal Year 2025.]
          [00:50:01]
ALRIGHT, WE'LL MOVE ON TO ITEM FOUR B. 
          UH, FOUR B IS PRESENT AND DISCUSS NON-PROFIT ORGANIZATION GRANT FUNDING FOR FISCAL YEAR 2025. 
          IT'LL BE STEVEN, STEVEN LIMAN, CHIEF FINANCIAL OFFICER. 
          AND, UH, EVERY YEAR AS PART OF OUR BUDGET PROCESS, UH, WE HAVE OUR, UH, NON-PROFIT APPLICANTS, UH, COME TO THE CITY COUNCIL MEETING. 
          I DO A PRESENTATION ON, UH, THEIR REQUEST FOR THAT FISCAL YEAR AND GIVE AN OVERVIEW OF THEIR SERVICES. 
          UM, AND THEN AS YOU'LL NOTICE, WE HAVE A FEW LESS THIS YEAR IF YOU'VE BEEN ON THE COUNCIL, UH, IN THE PAST, UH, A FEW YEARS. 
          UH, SEVERAL OF THESE WE'LL MOVE TO MORE OF A SERVICE TYPE AGREEMENT AS OPPOSED TO A GRANT FUNDING AGREEMENT. 
          SO THOSE INDIVIDUAL CONTRACTS WITH THOSE ENTITIES WILL COME FORWARD SIMILAR TO WHEN WE'RE APPROVING A CONTRACT WITH THE VENDOR OR SOMETHING OF THAT NATURE. 
          UH, SO TONIGHT WE'RE GONNA START WITH, UH, OUR FIRST PRESENTATION GONNA BE FROM DALLAS  AND WE'VE GENERALLY GIVEN THEM FIVE MINUTES. 
          WE ONLY HAVE THREE THIS EVENING, SO I'LL LEAVE IT AT THE DISCRETION WITH THE COUNCIL, BUT WE'VE KIND OF TEMPERED THEM THAT THEY HAVE ABOUT FIVE MINUTES TO GIVE THE PRESENTATION. 
          HELLO, I'M LISA , EXECUTIVE DIRECTOR, CAT LADY. 
          WE'RE A CAT RESCUE ORGANIZATION, A LOT WORK HERE IN NORTH DALLAS. 
          CARROLLTON, ADDISON DRIVING MYSELF LAST WEEK RIGHT HERE IN ADDISON. 
          UM, WE ARE AN ALL VOLUNTEER ORGANIZATION. 
          NONE OF US ARE PAYING, DO WHAT WE DO. 
          WE HAVE A LOT OF GREAT DEDICATED VOLUNTEERS OUT THERE FOSTERING KITTIES, ADOPTING OUT KITTIES, GETTING KITTIES FIXED, HELPING CITIZENS WITH THEIR PETS, AND UM, ALSO DOING OUR SHELTER AND HAVE LOTS OF GREAT VOLUNTEERS VOLUNTEER THEIR HOMES TO BE OUR SHELTER. 
          AND SOME OF OUR SWEET SPOTS ARE HELPING SENIORS IN LOW INCOME PEOPLE KEEP THEIR PETS WE GIVE THEM LITTER FOOD, JUST VETERINARIAN CARE FOR THEIR PETS TO HELP THEM STAY WITH THEIR PET AND NOT HAVE TO GIVE UP THEIR PET THAT KEEPS THEM HAPPY AND FEELING HEALTHY AND LOVED MEDICAL CARE OF FERAL CATS BEYOND JUST GETTING SPAYED HAIR. 
          WE ALSO TAKE THEM TO GET TEETH , AMPUTATION TIMES, WHATEVER IS NEEDED TO KEEP THEM HEALTHY AS WELL. 
          UM, THE LAST COUPLE OF YEARS HAVE BEEN PRETTY CRAZY FOR US WITH FOLKS RETURNING CATS TO US LOSING THEIR HOMES, LIVING IN THEIR CARS. 
          WE'VE BEEN TAKING IN A LOT MORE CATS IN THE LAST COUPLE YEARS, AND THE GRANT FUNDING THAT WE'RE ASKING FOR FOR $5,000 IS A WONDERFUL ADDITION THAT HELPS US FIX CATS AND BY VETERINARY SERVICES. 
          AND EVERY YEAR WE FIX THOUSANDS OF CATS. 
          WE'VE PARTNERED THIS LAST YEAR WITH ANOTHER RESCUE ORGANIZATION THAT'S HELPED US, THE DNR SIDE OF IT. 
          WE'RE STILL FIXING CATS FOR CITIZENS AND KIT FOR OUR ADOPTION. 
          $5,000 ADDS UP TO KITTENS, GET FIXED, GET A RABIES SHOT, GET A DISTEMPER SHOT, SLEEP TREATMENT, ALL THE LITTLE ODDS MEN TO HELP THEM STAY AS HEALTHY AS THEY CAN. 
          OKAY. 
          THAT'S, THAT'S OKAY. 
          SO THIS IS WHAT WE, WHAT WE'RE DOING. 
          UM, LAST YEAR WE, EVEN OUR ADOPTIONS WERE ONE SLOW, LESS THAN THOUSAND ADOPTIONS LAST YEAR. 
          WE'RE HOPING FOR A BETTER YEAR THIS YEAR THAT KIND OF WANTING, YOU KNOW, EVERYBODY'S KIND OF REALLY GETTING BACK TO WHERE THEY WERE BEFORE AND RECONSIDERING, GOSH, I HAD DONE MECHANICAL YEARS AGO. 
          I TAKE IT BACK WHERE I NEED ANOTHER ONE. 
          SO, UH, OUR EXPENSES HAVE GONE UP QUITE A BIT. 
          I THINK PROVIDE SOME BUDGET INFORMATION AND LIKE EVERYBODY ELSE IN PLACE TO US . 
          SO THIS $5,000 THAT WE'RE REQUESTING WOULD BE VERY HELPFUL. 
          APPRECIATE YOUR TIME LISTENING TO US AGAIN. 
          YES. 
          REAL QUICK QUESTION FOR YOU. 
          CAN YOU TALK, UH, BRIEFLY ABOUT, UH, TRAP NEUTER RETURN AND THE IMPORTANCE OF THAT? SURE. 
          UM, PROBABLY DON'T SEE 'EM, BUT THERE'S CATS EVERYWHERE. 
          I'M TRAPPED THEM AT MY OFFICE RIGHT NOW ON BUS. 
          THERE ARE A COUPLE MILLION CATS HERE IN THE DALLAS FORKLIFT AREA EVERY YEAR. 
          PROMIS CHART, ALL RESCUE SHOW, , THEY HAVE KITS, THE KIDS HAVE KIDS, THE KIDS HAVE KITS WE KIT, BUT TRAP NEW TO RETURN KIND OF 
          [00:55:01]
HELPS KEEP THAT NUMBER STEADY. 
          THE OTHER THING INTERESTING HERE IN TEXAS IS THAT CATS LIKE RABBIT'S GONNA HAVE ABOUT THREE ORDERS OF BEER AND ADD UP EACH TIME. 
          THERE'S SIX, SEVEN. 
          ADDISON HAS ALWAYS BEEN VERY SUPPORTIVE OF DRIVING YOUR RETURN WITH AND US TO ENCOURAGE YOU TO GET THOSE GAS OUT YOUR BACKYARD FIXED. 
          WHETHER THEY'RE LIKE, GET 'EM FIXED SO THAT THEY'RE NOT MAKING, YOU DON'T HAVE TO BRING IN ON WAY. 
          THERE'S NOT HAPPY FIELD FOR HIM TO GO TO BUT WANTS TO TAKE CARE OF THEM IS GETTING 'EM FIXED. 
          AND IT'S BETTER FOR EVERYBODY OUT HERE. 
          KEEP ROAD POPULATION DOWN, NOT WITHSTANDING SOME, THE ONES ARE IN PARKING LOTS HERE IN TOWN. 
          THEY KIND OF GET OUT OF CONTROL WHILE LOT OF VOLUNTEERS WORKING POPULATION, BUT GETTING CATS FIXED NO CHARGES 90% OF THE TIME. 
          THERE'S NO CHARGE ASSIST GROUPS LIKE US AND OUR COUPLE OF OUR PARTNERS THAT PAY FOR THAT SO THAT WE CAN CALL CITIZENS WANT TO HAVE THE CATS IN THEIR BACKYARD DROPS. 
          EVERYTH, CAN YOU GIVE US AN IDEA OF WHAT YOUR, WHAT KIND, HOW LARGE OF THE AREA YOU COVER AROUND HERE AND ABOUT WHAT IS YOUR ANNUAL BUDGET? YES. 
          UM, LAST YEAR WE TOOK IN ABOUT $285,000, LIKE OUT OF 295,000. 
          AND IT GOES REALLY FAST WHEN YOU'RE FIXING CATS, HELPING BUSINESS, TAKING FOOD THAT YOU HAVE IN HOUSE AND TRYING TO FUNDRAISE AND GET STUFF OUT THERE. 
          YOU HAVE MARKETING, WE DON'T HAVE A MARKETING BUDGET. 
          WE HAVE SHOW REALLY GOOD AND WE HAVE SOME WONDERFUL VOLUNTEERS THAT WORK THAT SOCIAL SUPPORT US. 
          UM, ABOUT OF THE MONEY THAT WE TAKE IN THAT DOESN'T INCLUDE OUR RENT AND OUR UTILITIES. 
          ONE OF OUR PROGRAMS, THE ADOPTION PROGRAM TAKES ABOUT, I DON'T HAVE THE NUMBERS RIGHT IN FRONT OF ME, BUT I KNOW WHEN I DID THE TAXES , THAT IS OUR BIGGEST PROGRAM AND WE SPEND ABOUT 55 TO $60,000 YEAR CARRY FOR CATS THAT ARE GOING TO BE INTO ADOPTIONS, TAKING CARE OF OUR BUSINESS, FIXING CATS, MEDICAID CATS, HELPING OUR FOSTERS , OUR NEXT PROGRAM, HELPING THE SENIOR CITIZENS FROM LOW INCOME PEOPLE. 
          LAST YEAR WE SPENT ABOUT $35,000 ON THAT AND THAT'S TAKING CATS TO BEDS, SOMETIMES TAKING THE CITIZEN AND THE CATS TO BED. 
          UM, PROVIDING FOOD AND LITTER TO CITIZENS THAT, YOU KNOW, IF THEY DIDN'T HAVE TO BUY FOOD OR LITTER THAT THEY COULD AFFORD TO BUY FOOD FOR THEMSELVES. 
          THE ELECTRICITY BILL AND US TO FINAL. 
          AND THEN OUR LAST PROGRAM IS THE TR PORTION AND, BUT SPEND ABOUT, UM, $30,000 ALL IN ON THAT. 
          AND THAT FIRST NUMBER ALSO IS ALL OF OUR VETERINARY SERVICES, OVER $120,000 LAST YEAR THAT WE SPENT WITH BEDS HERE IN THIS AREA. 
          WE WORKED WITH AVE CARROLLTON, WE WORKED WITH A VETERAN ADDISON. 
          WE HAVE ABOUT FIVE PARTNER VETS, SO THAT'S A HUGE CHUNK OF OUR MONEY WE SPENT THEN MEDICAL SUPPLIES. 
          THANK YOU. 
          ANYBODY ELSE HAVE QUESTIONS? COMMENTS? YES, HOWARD? SO IF YOU GOT 5,000 FROM MADISON, WHERE DO YOU GET THE OTHER 280,000 FROM? OH GOSH, WE'RE FUNDRAISING ALL THE TIME. 
          WE'RE ASKING PEOPLE. 
          WE'RE BEGGING PEOPLE. 
          WE WORK WITH ORGANIZATIONS LIKE CUDDLY, WHICH WAS THE NATIONWIDE FUNDING ORGANIZATION WHERE WE SUPPLY, UM, PICTURES AND STORIES ABOUT CATS THAT ARE IN NEED AND THEY HELP CITIZENS LEARN ABOUT US AND DONATE TO US. 
          WE HAVE FOSTERS THAT ARE PUTTING OUT REALLY CUTE VIDEOS, BUT SOME OF YOU MAY HAVE SEEN ABOUT THE CAT THAT WE HAD STOLE CHEESE AROUND THE HOUSE WITH CHEESE, BAG OF CHEESE IN THIS MOUTH. 
          WE GET OVER A MILLION VIEWS ON THAT, GET A LOT OF INFORMATION THAT WAY. 
          UH, WE'RE VERY ACTIVE IN SOCIAL AND THAT'S WHERE A LOT OF OUR JUST 5, 10, 15, $20 DONATIONS COME FROM. 
          WE ALSO APPLY EVERY YEAR TO PETCO FOUNDATION FOR PETCO PARTNER. 
          WE HAVE BEEN SINCE 2005 
          [01:00:01]
AND LAST YEAR WE RECEIVED A $35,000 GRANT FROM HEAD CODE. 
          IT'S AN ANIMAL WELFARE ORGANIZATION GRANT. 
          UM, ARTISTS FOR ANIMALS GAVE US A SMALL, UM, 3,500 OVER TWO GRANTS LAST YEAR THAT GOES INTO THAT FUND. 
          AND EVERYTHING JUST GOES IN AND WE SPEND, AND THEN THE MONEY GETS LOW. 
          WE HAVE ANOTHER BIG FUNDRAISING OPPORTUNITY. 
          WE DO GARAGE SALES, WE DO IRISH FESTIVAL, WE HAVE BOOTH, AND WE HAVE LIKE THE GARAGE SALE AT THE IRISH FESTIVAL AND HOUSE PUBLICIZED. 
          WE DO, WE DO. 
          AND ALL OF OUR ADOPTION FEES GO BACK INTO THE POT TO HELP FUND THAT BUDGET FOR THE YEAR. 
          SO, AND HERE I'M ALWAYS ASTOUNDED IT HOW MUCH WE TAKE IN FROM JUST, YOU KNOW, ASKING PEOPLE. 
          WE HAVE PEOPLE THAT GIVE MONEY EVERY MONTH ON PAYPAL, $5, YOU KNOW, WE HAVE PEOPLE THAT GIVE $10 A MONTH. 
          AND THEN WE HAVE A WONDERFUL LADY IN NEW JERSEY WHO HAD A BIG CLEAR BLUE GUY SENT US $10,000 LAST YEAR. 
          YOU KNOW, IT'S LIKE, OH, . 
          I HAVE A FRIEND THAT RECENTLY CAME INTO MONEY AND SHE IS NOT PHYSICALLY ABLE TO HELP US, BUT QUARTERLY SHE'S $5,000. 
          THAT'S WHERE WE GET THERE A LITTLE BIT HERE AND A LITTLE BIT THERE. 
          AND WE JUST KEEP PULLING IT IN AND PUTTING IT IN AND SENDING IT AS WE GO AND, AND WE PAY AS WE GO. 
          WE HAVE NO DEBT, NO LOANS, NO ANYTHING LIKE THAT. 
          ALL CASH  AND EVERYONE'S A VOLUNTEER. 
          THERE'S NO SALARIES FOR SALARIES. 
          IF YOU WANT TO CONTINUE TO DO WHAT WE'RE DOING AND HELP THE MOST, THEN WE GIVE 40 THE HOURS MICHELLE GIVES EVERY WEEK. 
          WE ALL DO WHAT WE CAN. 
          WE HAVE A COUPLE VOLUNTEERS THAT COME IN CLEAN CAGES AT PETCO AND THEY VOLUNTEERING FOR AN HOUR A WEEK. 
          THAT'S AN HOUR A WEEK THAT I DON'T HAVE TO GO . 
          AND I'M THANKFUL FOR EVERYTHING THAT EVERYBODY DOES. 
          OKAY, THANK YOU VERY MUCH. 
          APPRECIATE, APPRECIATE YOUR WORK. 
          AND NEXT UP WE HAVE METRO HERE. 
          SO THIS IS PRESENTATIONS. 
          THERE WAS ONE. 
          WE HAVE ONE IN OUR, YEAH, IT'S ON PAGE 47. 
          47. 
          I I'LL GET STARTED. 
          I'M DR. 
          CHELSEA FIDUCIA, LICENSED PSYCHOLOGIST. 
          I'M MEDICAL CLINIC DIRECTOR AT THE STEPHEN I. COHEN MILITARY FAMILY CLINIC AT METROCARE. 
          IT'S A VERY BIG NAME, FAIRLY SMALL CLINIC, BUT THE NAME REPRESENTS OUR PARTNERSHIP IN PR. 
          SO WE'RE PART OF METROCARE, WHICH ALL OF MY HEAD KNOWN IN DALLAS COUNTY, NHMR. IT'S A LARGE BEHAVIORAL HEALTH ORGANIZATION. 
          DALLAS COUNTY, LARGEST PROVIDER OF BEHAVIORAL HEALTH SERVICES IN THE AREA. 
          UM, COHEN VETERANS NETWORK MADE LESS FAMILIAR TO SOME OF YOU THAT WAS FOUNDED IN 2016 BY MR. STEVE PELMAN. 
          HE HAS A SON WHO IS A US MARINE, UM, SAY FORMER MARINE AND HE SET ASIDE OVER $275 MILLION. 
          SO IN CLINICS LIKE OURS ACROSS THE COUNTRY AND PARTNERSHIP WITH LOCAL ME HEALTH ORGANIZATIONS. 
          SO HERE IN DALLAS COUNTY AND NORTH TEXAS, WE HAVE A LOT OF VETERANS. 
          THEY CHOSE TO PARTNER WITH METROCARE. 
          WE'VE BEEN OPEN HERE AT OUR CLINIC SINCE 2016. 
          UM, WE'VE SERVED, UH, ACTUALLY AS OF THIS WEEK, WE'VE SERVED OVER 5,400 VETERANS AND SERVICE MEMBERS AND FAMILY MEMBERS IN THE NORTH TEXAS AREA SINCE WE OPENED IN 2016. 
          WE'RE IN OUR NINTH YEAR OF SERVICE. 
          THE SERVICES WE PROVIDE, UM, IT'S OUR PRIMARILY MENTAL HEALTH AND WE SERVE A BROAD RANGE OF PEOPLE. 
          SO THIS IS JUST A QUICK SNAPSHOT OF OUR TEAM. 
          BECAUSE WE SERVE THE VETERAN MILITARY POPULATION, IT'S REALLY IMPORTANT TO US TO HAVE THAT MILITARY CULTURAL COMPETENCE. 
          SO ON AVERAGE, OVER 80% OF OUR STAFF ARE EITHER VETERANS GUARD RESERVE, OR FAMILY MEMBERS OF VETERAN SERVICE MEMBERS. 
          GUARD RESERVE. 
          MOVE FORWARD TO THE NEXT SLIDE. 
          THE IMPORTANT COMPONENTS OF OUR CARE ARE GETTING PEOPLE INTO CARE QUICKLY AND GIVING THEM HIGH VOLUNTEER. 
          SO WE WANNA BE ACCEPTABLE TO AS MANY PEOPLE AS POSSIBLE AS QUICKLY AS POSSIBLE, AND WE WANNA GIVE GOOD CARE. 
          SO THOSE ARE THE PRIMARY COMPONENTS. 
          WE DO HAVE A FOCUS ON POST NINE 11 VETERANS, BUT AS WE HAVE CAPACITY 
          [01:05:01]
AND FUNDING, WE WILL SEE VETERANS OF ALL ERAS AND FAMILY MEMBERS OF ALL AREAS AS WELL. 
          NEXT SLIDE PLEASE. 
          THIS TALKS A LITTLE BIT ABOUT WHO WE SERVE. 
          AS I MENTIONED, ACCESS IS REALLY IMPORTANT, SO WE TRY TO PROVIDE ACCESS TO AS MANY FOLKS AS WE CAN. 
          IF THERE'S ANYONE IN HERE WHO IS A VETERAN, A VETERAN FAMILY MEMBER, YOU MAY KNOW OFTENTIMES THERE ARE CERTAIN DEFINITIONS OR ELIGIBILITY CRITERIA YOU HAVE TO MEET TO ACCESS SERVICES THROUGH THE VA OR THE DFD, THINGS LIKE THAT. 
          WE ACTUALLY HAVE FAIRLY FLEXIBLE CRITERIA FOR COUNT AS A VETERAN. 
          UM, THERE'S NO LENGTH OF SERVICE REQUIREMENT, NO TYPE OF DISCHARGE REQUIREMENT. 
          UM, AND SIMILAR FOR FAMILY MEMBERS, OUR DEFINITION OF WHICH YOU COUNT AS A FAMILY MEMBER IS PRETTY INCLUSIVE. 
          NEXT SLIDE PLEASE. 
          THE LOCAL WORK WE DO IS THERAPY. 
          WE SEE INDIVIDUALS FOR THERAPY. 
          WE SEE COUPLES FOR THERAPY, WE SEE FAMILIES. 
          WE ALSO SEE CHILDREN WITH OUR IN INDIVIDUAL OR IN THE CONTEXT OF FAMILY THERAPY AND FOR THERAPY FIRST. 
          SO ALL OF OUR CLIENTS SEE A THERAPIST. 
          THEY CAN ALSO RECEIVE ADJUNCTIVE SERVICES ON TOP OF THE THERAPY. 
          EITHER A PSYCHIATRY EVALUATION AND MEDICATION MANAGEMENT WHERE THEY CAN MEET WITH OUR CASE MANAGERS AND WILL ACCESS RESOURCES THAT WE DON'T PROVIDE IN OUR CLINIC. 
          SINCE WE'RE MAINLY OUTPATIENT, WE DO ABOUT ONE SESSION A WEEK ON AVERAGE. 
          OUR CARE IS ALSO TARGETED CARE. 
          IT'S NOT LONG TERM. 
          SO WE'RE NOT GONNA BE THE THE THERAPY HOME FOR SOMEONE WHO NEEDS A LONG TERM COURSE OF TREATMENT OVER MANY, MANY YEARS. 
          WE DO MORE THREE TO FOUR MONTHS ON AVERAGE, EIGHT TO 15 SESSIONS ON AVERAGE. 
          UM, WE DO HAVE FOLKS WHO DO BACK REPAIR THAT'S NEEDED. 
          UM, BUT THE WORK THAT WE'RE DOING, THE EVIDENCE-BASED TREATMENTS ARE TYPICALLY MEANT TO BE PROVIDED IN THOSE MORE ARE GIVEN EPISODES. 
          SO WE'RE TREATING THINGS LIKE ANXIETY, DEPRESSION, POST-TRAUMATIC STRESS DISORDER, AND WE'RE PRIMARILY USING COGNITIVE BEHAVIORAL THERAPY OR OTHER THERAPIES LIKE THAT THAT HAVE RESEARCH MAPPING. 
          NEXT SLIDE. 
          THIS IS JUST A SNAPSHOT OF SOME OF THE COMMENTS THAT HAVE COME IN ON OUR CLIENT EXPERIENCE SURVEYS. 
          SO NOT ONLY DO WE LOOK AT OUR DATA EVERY MONTH AND EVERY QUARTER, BUT WE LOOK AT THE, THE FEEDBACK THAT COMES BACK INTO US AS WELL. 
          AND IT'S A REALLY IMPORTANT PART OF OUR CARE. 
          THE WAY THAT WE'RE FUNDED IS, UH, AGAINST BORROW CREDIT FROM A PUBLIC PRIVATE PARTNERSHIP. 
          SO WE ARE FUNDED IN PART BY CO VETERANS NETWORK AND THE MONEY FROM THE FILLING FOUNDATION THAT PROVIDES UP TO 50% OF OUR FUNDING EVERY YEAR. 
          THE OTHER BIG SOURCES OF FUNDING PRESS OUR STATE GRANTS. 
          UM, THAT'S THE BIGGEST NEXT SOURCE OF FUNDING. 
          UM, OTHER LOCAL GRANTS LIKE MICHIGAN, UNITED THROUGH UNITED WAY OF TAR COUNTY FUNDING FROM THE TOWN OF ADDISON. 
          THOSE CONTRIBUTE TO OUR FUNDING. 
          UM, PHILANTHROPY, WE TAKE PART IN MORE THAN THANKSGIVING DAY. 
          UM, WE'RE CREDIT CARRY LOAD THAT AND OTHER JUST KIND OF SMALLER LEVEL PHILANTHROPY AND DONATIONS. 
          AND THEN WE DO TAKE INSURANCE IF SOMEBODY HASN'T. 
          BUT A LOT OF OUR CLIENTS, AS YOU MAY KNOW IN TEXAS, ARE UNINSURED. 
          AND SO WE DON'T ACTUALLY, A LOT OF INSURANCE ARE, UM, BUT WE DO NOT WANT FINANCES TO BE A BARRIER TO CARE FOR ANYBODY. 
          AND SO FOR FOLKS WHO COME IN WHO ARE UNINSURED, THERE'S NO COST TO CARE FOR FOLKS WHO COME IN WHO MAYBE ARE INSURED THAT THEIR COPAY OR THEIR DEDUCTIBLE IS REALLY HIGH, THEY CAN REQUEST ASSISTANCE AS WELL. 
          AND THERE MAY BE NO COST TO THEM. 
          BUT WE NEVER WANT FINANCES TO BE A BARRIER. 
          SO, UM, IN YOUR PAST WE HAVE REQUESTED FUNDING AND PROVIDED TRAININGS, MENTAL HEALTH PER AID ASSIST, THINGS LIKE THAT TO KIND OF PROVIDE FUNDING, UH, TO EDUCATE THE GENERAL PUBLIC ABOUT MENTAL HEALTH. 
          WE PIVOTED HISTORY TO ASK FOR FUNDING FOR OUR ACTUAL CLINICAL SERVICES SINCE THAT WAS THE CORE COMPONENT OF OUR MODEL. 
          WE, UM, IN LOOKING AT ADDISON, WE'VE ESTIMATED ABOUT 4% OF ADDISON'S CLIENT, UH, POPULATION ARE VETERANS. 
          SO GUESSTIMATING, INCLUDING LIKE THAT BROAD DEFINITION OF FAMILY AND THE BROADER DEFINITION OF VETERAN, WE'RE ESTIMATING ABOUT 12% OF THE POPULATION MAY BE ELIGIBLE FOR OUR SERVICES. 
          UM, SO THAT WOULD, MENTAL MATH, IT'S NOT MY STRENGTH, BUT THAT WAS SEVERAL HUNDRED PEOPLE. 
          UM, LOOKING JUST AT OUR CLIENTS WE SERVED IN THE LAST YEAR, WE ONLY HAVE ABOUT 15 RESIDENTS FROM ADDISON LOCALLY. 
          UM, BUT WE ARE LOOKING TO SERVE 15 OR SO IN THE NEXT YEAR. 
          AND AGAIN, ON AVERAGE THAT'S UM, 12 TO 15, EIGHT TO 15 SESSIONS. 
          SO WE'RE ESTIMATING THAT IF WE SERVED FIVE PEOPLE FOR A FULL TREATMENT EPISODE, THOSE FULL 12 SESSIONS, IT INCLUDES THERAPY, PSYCHIATRY, CASE MANAGEMENT, UM, THAT WOULD BE ABOUT $17,000. 
          AND THAT IS WHAT WE ARE ASKING FOR SO THAT WE CONTINUE TO PROVIDE SERVICES WITH AS FEW BARRIERS AS POSSIBLE TO AS MANY PEOPLE AS POSSIBLE WITHIN OUR AREA. 
          INTACT, AS I STATED, JUST CONTINUE TO PROVIDE SERVICES WITH AS FEW BARRIERS AS POSSIBLE IN PROMOTING THE GENERAL MENTAL HEALTH VETERAN MILITARY POPULATION IN THE AREA. 
          YOU HAVE FLYER HAND OUT , SO YOU CAN KNOW VETERANS OR FAMILY OR MILITARY FAMILY MEMBERS. 
          YOU CAN QUESTIONS FROM ANYBODY. 
          GREAT. 
          THANK YOU VERY MUCH. 
          THANK YOU. 
          APPRECIATE IT. 
          THANK YOU. 
          OUR FINAL PRESENTATION, WE HELP. 
          [01:10:11]
HELLO, MY NAME IS COURTNEY. 
          I AM THE OFFICE MANAGER FOR WOVEN HEALTH CLINIC. 
          UM, JACKIE COULDN'T BE HERE TODAY. 
          SHE HAD PRE-PLANNED A VACATION, UM, WHEN, WHEN SHE HAD GOTTEN THE NOTIFICATION . 
          SO BEAR WITH ME. 
          I GONNA DO MY BEST. 
          . 
          UM, SO WOVEN HEALTH CLINIC. 
          WOVEN HEALTH CLINIC MISSION IS TO PROVIDE RURAL QUALITY, PATIENT CENTERED HEALTHCARE FOCUSED ON THE WELLNESS AND PREVENTING DISEASE DISEASES TO THOSE UNDERINSURED AND UNINSURED. 
          OUR VISION IS TO BUILD HEALTHY LIVES LEADING TO HEALTHIER, HAPPIER COMMUNITIES. 
          WE ENVISION A PHYSICALLY AND MENTALLY HEALTHY COMMUNITY WITH ACCESS FOR EVERYONE'S INTEGRATED, COMPREHENSIVE, AFFORDABLE, QUALITY CARE. 
          THE CITY OF AXON FACES A NOTABLE CHALLENGE WITH A SIGNIFICANT NUMBER OF RESIDENTS LACK LACKING HEALTHCARE INSURANCE COVERAGE AT 18.5%. 
          WE ARE ACTIVELY ADDRESSING THE ISSUE THROUGH COMPREHENSIVE OUTREACH INITIATIVES TAILORED TO MEET THE NEEDS OF UNINSURED INDIVIDUALS. 
          OUR APPROACH INCLUDES STRENGTHENING PARTNERSHIPS WITH LOCAL NON-PROFITS, SCHOOLS, AND CHURCHES TO EFFECTIVELY REACH OUT TO THOSE WHO BENEFIT FROM OUR SERVICES. 
          UM, FOR OVER 30 YEARS, WILMAN HEALTH CLINIC HAS BEEN COMMITTED TO PROVIDING COMPREHENSIVE HEALTHCARE SERVICES THAT ARE BOTH ACCESSIBLE AND AFFORDABLE. 
          OUR WIDE RANGE OF SERVICES INCLUDE PRIMARY CARE, PREVENTATIVE CARE, WOMEN'S HEALTH, DERMATOLOGY, NEUROLOGY, MENTAL HEALTH AND NUTRITION COUNSELING. 
          THROUGH PARTNERSHIPS, WE, WE PROVIDE ESSENTIAL INKIND SERVICES SUCH AS EYE EXAMS, GLASSES, MAMMOGRAMS, CERVICAL AND PROSTATE CANCER SCREENINGS, LABS FOR NEW PATIENTS, MEDICATIONS, AND CHRONIC DISEASE MEDICATIONS, CHRONIC DISEASES AND OTHER HEALTHCARE ISSUES. 
          UH, LOGAN HEALTH CLINIC HAS BEEN OFFICIALLY RECOGNIZED BY THE NATIONAL COMMITTEE FOR QUALITY ASSURANCE FOR OUR COMMITMENT TO THE WRITING, HIGH QUALITY PATIENT CENTERED CARE. 
          THIS RECOGNITION REFLECTS OUR DEDICATION TO MEETING RIGOROUS STANDARDS OF EXCELLENCE IN HEALTHCARE DELIVERY AND DEMONSTRATES OUR ONGOING EFFORTS TO ENSURE THE BEST POSSIBLE OUTCOMES FOR OUR PATIENTS. 
          OUR EFFORTS HAVE RESULTED IN POSITIVE HEALTH OUTCOMES. 
          84% OF PATIENTS DIAGNOSED WITH HYPERTENSION REDUCED THEIR, UH, BLOOD PRESSURE WITHIN 12 MONTHS. 
          UH, 77% OF PATIENTS DIAGNOSED WITH DIABETES REDUCE THEIR A1C AND 39% OF PATIENTS REDUCE THEIR BMI. 
          AND THAT'S JUST IN 20. 
          UM, NEXT, UM, THE EMPOWER HEALTH PROGRAM IS A COMPREHENSIVE INITIATIVE FOCUSED ON ADDRESSING DIVERSE HEALTH CARE NEEDS THROUGH EQUITY, INCLUSIVITY AND CULTURAL COMPETENCE. 
          OUR APPROACH DELIVERS PERSONALIZED DISEASE PREVENTION STRATEGIES, EMPHASIZING HEALTH EQUITY AND TAILORED HEALTH RECOMMENDATIONS THAT INCLUDE SCREENINGS, IMMUNIZATIONS, NUTRITION THERAPY, AND MORE. 
          WE EMBRACE A HOLISTIC PHILOSOPHY INTEGRATING PHYSICAL HEALTH, MENTAL HEALTH AND WELLBEING, AND EMOTIONAL RESILIENCE ASSESSMENTS TO MITIGATE LIFESTYLE RISKS AND ADDRESS SOCIAL DETERMINANTS COMPREHENSIVELY. 
          OUR COMMITMENT TO EQUITABLE ACCESS ENSURES ALL PATIENTS RECEIVE VITAL RESOURCES LIKE VACCINES AND MEDICATIONS, PROMOTING EQUAL HEALTHCARE OPPORTUNITIES ACROSS OUR COMMUNITY. 
          WE EMPOWER PATIENTS WITH TOOLS FOR SELF-MONITORING AND OTHER PERSONALIZED NUTRITION SESSIONS LED BY EXPERTS IN DIETETICS AND BEHAVIORAL HEALTH SUPPORTING INFORMED DECISION MAKING IN HEALTHCARE, LED BY A DE DEDICATED PROFESSIONALS PROGRAM EMPHASIZES PERSONALIZED CARE THAT RESPECTS INDIVIDUAL CULTURAL PREFERENCES AND ADDRESSES MENTAL MENTAL HEALTH CONCERNS SUCH AS STRESS MANAGEMENT, ANXIETY AND DEPRESSION. 
          BY FOSTERING AN INCLUSIVE ENVIRONMENT AND PROVIDING ESSENTIAL SUPPORT SERVICES, INCLUDING GOAL SETTING AND BEHAVIORAL HEALTH INTERVENTIONS, WE EMPOWER INDIVIDUALS TO ACTIVELY MANAGE THEIR HEALTH AND WELLBEING. 
          THE EMPOWER HEALTH PROGRAM AIMS TO ENHANCE HEALTH OUTCOMES BY INTEGRATING COMPREHENSIVE CARE APPROACHES THAT MEET THE DIVERSE NEEDS OF OUR COMMUNITY. 
          AND THE SERVICES PROVIDED BY LOGAN HEALTH CLINIC ARE ESSENTIAL FOR THE HEALTH AND WELLBEING OF OUR COMMUNITY. 
          CONTINUED AND INCREASED FUNDING FROM THE CITY OF AKON IS VITAL TO ENSURE THAT WE CAN MAINTAIN AND EXPAND OUR SERVICES, THEREBY ENHANCING THE OVERALL AND QUALITY OF  DEPARTMENTS. 
          GOOD. 
          ANY QUESTIONS FROM ANYBODY? YEAH, REAL, REAL QUICK. 
          IS THAT 105 UNIQUE PATIENTS? IS THAT ADDISON? YES. 
          PATIENCE, YES. 
          OKAY. 
          AND, AND, UM, WHAT KIND OF PROGRAM DO YOU HAVE TO GO LET, UM, ADDISON RESIDENTS KNOW OF YOUR SERVICE? HOW DO THEY, HOW DO YOU REACH ADDISON RESIDENT? RIGHT NOW WE'RE TRYING TO WORK WITH, UH, LOCAL BUSINESSES, THE, UH, CHURCHES, OTHER NON-PROFITS IN THE AREA. 
          WE WORK, WE'RE HEAVILY PARTNERED WITH  SERVICES. 
          UM, AND SO WE, WE, WE DO THE BEST WE CAN. 
          WE WANNA EXPAND THAT NUMBER FOR ADDISON RESIDENTS RIGHT NOW, BUT IT'S, IT'S A STROKE. 
          OUR MARKETING ISN'T. 
          DO YOU KNOW HOW THAT, UM, 105 COMPARES LIKE MAYBE TO LAST YEAR OR YEAR BEFORE WHATEVER IS IT? I UNFORTUNATELY DON'T HAVE THAT OFF THE TOP OF MY HEAD, BUT JACKIE IS, IS MORE THAN FIVE. 
          ANYTHING FROM ANYBODY? ANYBODY ELSE? ALRIGHT. 
          THANK YOU VERY MUCH. 
          THANK YOU. 
          APPRECIATE IT. 
          [01:15:01]
YOU CAN GET THAT APPLICATION AND MAYOR COUNCIL, WE'LL HAVE ADDITIONAL INFORMATION THAT OUR, UM, RECEIVED ADDITIONAL INFORMATION BUDGET YOU'RE ABOUT TO RECEIVE. 
          AND THEN WE HAVE A BUDGET WORKSHOP ON AUGUST 6TH AND SEVENTH, UH, WHERE THE NONPROFIT ONE WILL BE DISCUSSED. 
          AND THEN METRO PRESS SERVICES WILL BE, UH, PRESENTING, UH, TO YOU AT REGULAR COUNCIL MEETING. 
          FIVE AUGUST 12TH. 
          IS THAT 14? 13. 
          VERY GOOD. 
          THANK YOU STEVEN. 
          ALRIGHT, GOING ON TO 
          [c.  Present and discuss Addison's Public Art Policy and Program, including a review of current practices, successes and challenges, and research from other cities.]
ITEM FOUR C, PRESENT AND DISCUSS ADDISON'S PUBLIC ART POLICY AND PROGRAM, INCLUDING A REVIEW OF CURRENT PRACTICES, SUCCESSES AND CHALLENGES AND RESEARCH FROM OTHER CITIES. 
          THANK YOU VERY MUCH, JANA MAYOR AND COUNCIL JANA TWELL, DIRECTOR OF PARKS AND RECREATION HERE. 
          BEFORE I START THE PRESENTATION, I WANNA JUST TAKE A PAUSE FOR A MOMENT TO TALK ABOUT THAT THE SPIRIT OF THIS PRESENTATION IS MADE WITH ALL RESPECT IN REGARD TO THE ADDISON HARBOR FOUNDATION. 
          AND I WANNA STRESS THAT THERE ARE NO QUESTIONS TO THE QUALITY OF THE WORK THAT THEY HAVE DONE, UM, OR THAT THEY HAVEN'T WORKED TO TRY TO FULFILL STATS REQUEST ON THE, UM, ART INSTALLATIONS THAT HAVE BEEN INSTALLED TO DATE. 
          BUT I THINK IT'S IMPORTANT FOR US BEING A STAFF ORGANIZATION THAT'S CHALLENGED BY COUNCIL TO LOOK AT HOW WE CONTINUOUSLY IMPROVE OUR PROCESSES, FOR US TO LOOK AT THE PROCESS THAT WE'RE GOING THROUGH TO PROCURE PUBLIC ART AND LOOK AT OUR COMPARATOR CITIES AND HAVE A DISCUSSION OVER THAT AND MAKE SURE THAT THE CURRENT PRACTICES ARE RELEVANT TO TODAY AND THAT THEY ARE THE STEPS THAT WE SHOULD USE TO MOVE FORWARD, OR IF WE SHOULD MAKE ADJUSTMENTS OR MODIFICATIONS. 
          SO TO PREPARE THIS, UM, PRESENTATION TO FACILITATE THAT CONVERSATION, UM, I WANNA STRESS THAT WE'RE WORKING TO UNDERSTAND ADDISON'S COMMITMENT TO PUBLIC ART. 
          WE'RE GOING, GOING TO EXPLORE BEST PRACTICES THAT HAVE BEEN IMPLEMENTED BY OUR COMPARATOR CITIES. 
          UM, THE INTENT OF THIS IS TO STIMULATE DIALOGUE ON OPTIMIZING ADDISON'S APPROACH TO ENRICHING ITS PUBLIC ART COLLECTION. 
          AND TO DO SO, THE PRESENTATION WILL INCLUDE AN OVERVIEW OF THE CURRENT PUBLIC ART POLICY, THE PROCESS THAT IS BEING IMPLEMENTED FOR CURING PUBLIC ART, UM, WILL PROVIDE GENERAL INFORMATION RELATED TO ADDISON'S PUBLIC ART COLLECTION. 
          UM, AND THEN WE WILL LOOK AT AN ANALYSIS OF COMPARATOR CITIES PUBLIC ART IMPLEMENTATION STRATEGIES, AND THEN WE'LL DISCUSS SUCCESSES AND CHALLENGES WITH THE CURRENT PRACTICES, AND THEN HAVE A DISCUSSION AND DIRECTIONS RELATED TO THE FUNDING AND PROCUREMENT OF FUTURE ART INSTALLATIONS. 
          ALRIGHT, THANK YOU. 
          UM, THE TOWN'S PUBLIC ART POLICY WAS ADOPTED IN 2016, AND THEN IT WAS UPDATED AGAIN IN 2020. 
          THE PURPOSE OF THE POLICY IS TO ESTABLISH GUIDELINES FOR ACCEPTING, DONATED WORDS, PURCHASING ART PROCESS TO BE FOLLOWED, INSTALLATION IN MAINTENANCE PROCEDURES IN DEEP ASCENSION AND STORAGE, UM, OF PUBLIC ART PIECES. 
          IT IS STANDARD FOR A TOWN, HAVE A PUBLIC ART POLICY OR A PUBLIC ART MASTER PLAN, OR SOMETIMES BOTH THAT DEFINES THE PROCESS. 
          AND THE INTENT OF THIS IS FOR STAFF TO CARRY OUT COUNCIL'S DIRECTION IN BUILDING A PUBLIC ART COLLECTION FOR THE TOWN. 
          SO THE CURRENT PUBLIC ART POLICY, UM, I'M NOT GONNA READ THIS WHOLE THING. 
          I'M GONNA PULL OUT THE THINGS THAT ARE VERY IMPORTANT OUT OF THE POLICY. 
          IT ESTABLISHES THE PURPOSE FOR HAVING ONE, THE GOALS, UM, FOR ADDISON AND HAVING THIS POLICY. 
          AND THEN IT ESTABLISHES THAT THIS POLICY IS BUILT AS PART OF OUR LONG RANGE VISION. 
          UM, AND WE'RE CURRENTLY DISCUSSING OUR COMP PLAN AND OUR LONG RANGE VISION. 
          AND I FEEL LIKE IT'S APPROPRIATE FOR US TO HAVE THIS DISCUSSION IN LINE WITH THAT. 
          THERE'S LIKE A DELAY ON THAT. 
          OKAY. 
          THANKS FOR Y'S PATIENCE. 
          UM, THE POLICY DOES ESTABLISH GENERAL GUIDELINES FOR ACCEPTING DONATED WORK SUPPORT. 
          UM, SO IT ESTABLISHES THAT DONATED WORKS CAN BE BROUGHT FORTH BY A CITIZEN GROUP OR GROUP OF CITIZENS, SUCH AS THE ADDISON ARBOR FOUNDATION FOR CONSIDERATION OF ACCEPTANCE IN PUBLIC DISPLAY BY THE TOWN. 
          UM, THE QUALITY OF THE WORK AND THE COST OF MAINTENANCE WILL BE CONSIDERED. 
          THE TOWN WILL HAVE DISCRETION REGARDING ACCEPTANCE, LOCATION, AND MAINTENANCE. 
          AND THE ARTWORK SHOULD BEAR THE NAME DETERMINED BY THE ARTIST. 
          THE ARTWORK SHOWN HERE WAS ONE OF THOSE PIECES, UM, 
          [01:20:01]
THAT WAS DONATED OR GIVEN TO THE TOWN AND RESTORED BY THE ADDISON ARBOR FOUNDATION. 
          IT'S CALLED, CALLED LIGHT ENERGY BY ARTIST CHRISS. 
          AND THEN THE POLICY ALSO ESTABLISHES GENERAL GUIDELINES FOR PURCHASING PEL ART. 
          AND THE POLICY READS THAT THE TOWN MAY PURCHASE EXISTING WORKS OF ART OR COMMISSION NEW WORKS THROUGH AN ARTIST SELECTION PROCESS. 
          PAYMENTS WILL BE IN ACCORDANCE WITH STATE AND TOWN PURCHASING GUIDELINES, AND SOME PRINCIPLES APPLY FOR ACCEPTING DONATED WORKS. 
          AND THEN THE PROCESS IS IDENTIFIED THAT THE ADDISON ARBOR FOUNDATION WILL REVIEW PROPOSALS FROM DONORS OR ARTISTS THROUGH THE SELECTION PROCESS. 
          A A F WILL WORK WITH CITIZEN GROUPS, CITIZENS ARE GROUPS TO ENSURE THE PROPOSAL IS APPROPRIATE AND ALIGNS WITH TOWN GOALS. 
          THE, THE PARKS, THE PARKS DEPARTMENT AND A A F WILL DETERMINE AN APPROPRIATE LOCATION FOR THE WORK. 
          UM, AND THEN THAT LOCATION AND ARTWORK WILL BE PRESENTED TO COUNSEL. 
          AND COUNSEL. 
          ACTION IS REQUIRED TO ACCEPT WORKS OF ART, AND THEN IF IMPROVED, THE TOWN WILL OVERSEE INSTALLATION, ADMINISTRATION AND MAINTENANCE OF THE ART. 
          AND SO WE PUT TOGETHER THIS PROCESS, PROCESS GRAPHIC TO ILLUSTRATE WHAT HAS BEEN HAPPENING FOR THE IMPLEMENTATION OF PUBLIC ART IN TOWN. 
          THE ADDISON ARBOR FOUNDATION TAKES THE LEAD, UM, OF IDENTIFYING THE PROJECTS, THE PROJECT LOCATIONS, THE ARTISTS AND ARTWORK FOR CONSIDERATION. 
          AND THE ARBOR FOUNDATION PREDOMINANTLY FUNDS ART INSTALLATIONS THROUGH GRANT FUNDS PROVIDED BY THE TOWN. 
          UM, AND THAT IS THROUGH THIS PROCESS THAT YOU SEE HERE WHERE COUNCIL AWARDS OR ESTABLISHES GRANT FUNDS FOR THE ARBOR FOUNDATION. 
          AND THEN THE ARBOR FOUNDATION SELECTS ART AND LOCATION. 
          UM, STAFF REVIEWS WHAT'S BEING PROPOSED FOR SAFETY, SECURITY, AND MAINTENANCE. 
          UM, AND THEN IF IT PASSES THOSE CHECKS, THEN THE ARBOR FOUNDATION PRESENTS POST ART TO COUNCIL. 
          AND IF COUNCIL APPROVES OF, UM, THAT ARTWORK AND THE LOCATION, THEN A CONTRACT IS FINALIZED AND THEN STAFF IN THE ARBOR FOUNDATION OVERSEES INSTALLATION. 
          AND THEN AT INSTALLATION, THE TOWN TAKES OVER OWNERSHIP AND MAINTENANCE. 
          SO THAT'S THE CURRENT STEPS THAT ARE BEING FOLLOWED, UM, TO IMPLEMENT OUR PUBLIC ART COLLECTION IN ADDISON. 
          I'M NOT GONNA READ THIS LIST, BUT I THINK IT'S IMPORTANT FOR US TO LOOK AT. 
          I THINK WE HAVE THREE PAGES OF PUBLIC ARTWORK, UM, TO SHOW FOR OUR COLLECTION DATE. 
          ADDISON OWNS 27 PERMANENT PUBLIC ART INSTALLATIONS ON TOWN PROPERTY OR EASEMENTS. 
          AND MOST OF THE INSTALLATIONS HAVE BEEN DONATED TO THE TOWN AND FACILITATED BY THE ADDISON ARBOR FOUNDATION AND PREDOMINANTLY PAID FOR WITH A GRANT PROVIDED BY THE TOWN. 
          THERE ARE SOME WORKS THAT ARE LISTED IN HERE, SUCH AS, UM, AERIAL VALET IS A GOOD EXAMPLE, THAT DONATIONS FROM A THIRD PARTY WERE GIVEN TO THE ARBOR FOUNDATION TO SECURE THE FUNDING. 
          BUT PREDOMINANTLY IT'S GRANT FUNDS THAT PAY FOR THE ARC PIECES THAT ARE ON THIS LIST. 
          NEXT ONE. 
          AND THEN THERE'S A THIRD PAGE, OUR INSTALLATIONS. 
          AND THEN THIS LIST ALSO SHOWS THREE WORKS THAT ARE CURRENTLY IN PROCESS. 
          THE ADDISON ARBOR FOUNDATION TAKES THE LEAD IN IDENTIFYING PROJECTS, PROJECT LOCATIONS, ARTISTS, AND ARTWORK FOR CONSIDERATION. 
          UM, AND THIS IS JUST TO GIVE YOU MORE OF AN OVERVIEW OF THE CURRENT IMPLEMENTATION PROCESS. 
          THE ARBOR FOUNDATION PREDOMINANTLY FUNDS OUR INSTALLATION THROUGH GRANT FUNDS PROVIDED BY THE TOWN. 
          ALTHOUGH SOME PRIVATE DONATIONS, WHICH WE TALKED ABOUT HAVE BEEN CONTRIBUTED TO THE COLLECTION, THE ARBOR FOUNDATION HAS UTILIZED THE FOLLOWING PURCHASE PRACTICES TO SECURE ARTWORK, DIRECT PURCHASE AND SELECTION, ESTABLISH ARTIST LIST THROUGH AN RMQ DONATED PIECES FOR RESTORATION AND COMMISSION THROUGH AN RMQ. 
          UM, I HAVE LISTED THESE IN THE ORDER OF THE MOST TO LEAST UTILIZED WITH DIRECT PURCHASE AND DIRECT SELECTION BEING THE PREDOMINANT MEANS OF PROCURING PUBLIC ART. 
          UM, TO FACILITATE THIS CONVERSATION, STAFF DID RESEARCH ITS COMPARATOR CITIES, UM, TO LOOK AT HOW THEY IMPLEMENT THEIR PUBLIC ART PROGRAMS. THIS RESEARCH FOCUSED ON FACILITATION OF CITIZEN INVOLVEMENT POLICIES ESTABLISHED FOR PROCURING ART AND FUNDING MECHANISMS THAT ARE UTILIZED. 
          FURTHERMORE, STAFF IDENTIFIED CITIES THAT HAVE MORE ROBUST PLANNING POLICIES, PROCUREMENT AND ENGAGEMENT GUIDELINES, WHICH ARE INCLUDED IN A PUBLIC ART MASTER PLAN. 
          AND SO WE'VE INCLUDED THAT INFORMATION ON, 
          [01:25:01]
UM, SLIDE 16 THROUGH 19 FOR YOUR REVIEW. 
          IN PREPARATION OF THIS PRESENTATION, WE INCLUDED LINKS TO THE PUBLIC ART COLLECTIONS THAT ARE LISTED ONLINE. 
          WE INCLUDED LINKS TO THEIR PUBLIC ART MASTER PLAN THAT MAY, THAT CITIES MAY HAVE. 
          UM, BUT I WILL GIVE YOU A SUMMARY OF THE RESEARCH ON THE NEXT SLIDES AND THEN WE CAN LOOK AT THE OTHER SLIDES MORE IN DEPTH IF YOU HAVE QUESTIONS. 
          SO THE FIRST THING THAT WE LOOKED AT IN OUR ANALYSIS WAS THE INVOLVEMENT MECHANISMS FOR INVOLVING THE COMMUNITY. 
          UM, 10 CITIES FACILITATES CITIZEN INVOLVEMENT THROUGH A TOWN ADVISORY BOARD, COMMISSION OR COMMITTEE THAT IS APPOINTED BY COUNCIL AND HAS SPECIFIED TERM LIMITS. 
          TWO CITIES ARE LED BY NONPROFIT ORGANIZATIONS THAT ARE FUNDED THROUGH A GRANT PROVIDED BY THE TOWN. 
          AND ADDISON IS ONE OF THOSE ORGANIZATIONS. 
          AN ESTABLISHED PROCESS COULD NOT BE IDENTIFIED FOR ONE CITY, UM, WHICH WAS CARROLLTON. 
          AND THEN, UM, GRAPEVINE INVOLVES CITIZEN INPUT ONLY AS AN AS NEEDED BASIS FOR FORMATION OF A SPECIAL PROJECT COMMITTEE. 
          THE PREDOMINANT METHOD OF CITIZEN INVOLVEMENT IN PUBLIC ART IMPLEMENTATION ACROSS THE CITIES THAT WE LOOKED AT IS THROUGH AN ADVISORY BOARD THAT IS APPOINTED BY THEIR CITY COUNCIL THAT HAS TERM LIMITS. 
          LIMITS. 
          AND THE REASON FOR THIS IS AN THIS ALLOWS COUNSEL FACILITATED BY STAFF TO DIRECT DECISIONS BASED ON PROJECT SPECIFICS, OVERARCHING GOALS AND GUIDELINES ESTABLISHED IN PLANNING DOCUMENTS AND STRATEGIC OBJECTIVES. 
          UM, IT ENSURES STRUCTURED GOVERNANCE THAT ALSO PROVIDES OPPORTUNITIES FOR A DIVERSE RANGE OF RESIDENTS WHO ARE INTERESTED IN CONTRIBUTING TO PUBLIC ART INITIATIVES. 
          AND THEN MANY CITIES ENHANCE THIS FRAMEWORK BY DEVELOPING A PUBLIC ART MASTER PLAN TO SERVE AS A TOOL FOR COUNCIL TO SET POLICIES, DEFINE PROCEDURES AND ESTABLISHED GOALS THAT ARE THEN IMPLEMENTED BY STAFF. 
          THIS ALSO CAN BE DONE BY A PUBLIC ART POLICY. 
          STAFF ALSO LOOKED AT PROCUREMENT STRATEGIES. 
          WHAT ARE THE PROCESSES THAT OTHER CITIES ARE GOING THROUGH TO PROCURE PURE PUBLIC ART? 10 CITIES PREDOMINANTLY UTILIZE A REQUEST FOR QUALIFICATION FOR A REQUEST FOR PROPOSAL PROCESS TO PROCURE PUBLIC ART. 
          SOME OF THESE CITIES DO OCCASIONALLY UTILIZE DIRECT SELECTION AND PURCHASE PREP PRACTICES FOR SMALLER INSTALLATIONS. 
          UM, TWO CITIES PREDOMINANTLY UTILIZE A DIRECT SELECTION IN DIRECT PURCHASE PROCESS FOR PROCUREMENT AND PUBLIC ART. 
          WITH ADDISON BEING ONE OF THESE, AND GRAPEVINE BEING THE OTHER ONE, AN ESTABLISHED PROCESS COULD NOT BE IDENTIFIED FOR, FOR ONE CITY. 
          AND THEN ONE CITY DID NOT HAVE A DEFINED PROCUREMENT STRATEGY, UM, WHICH WOULD BE, UH, FLOWER MILK ON THAT ONE. 
          SO MOST CITIES PRIOR PRIORITIZE THE RFQ AND RFP PROCESS. 
          THE REASON THAT THEY DO THIS IS THAT IT AFFORDS THE GREATEST OPPORTUNITIES FOR ALL ARTISTS THAT WANT TO BE CONSIDERED TO A CHANCE TO PARTICIPATE. 
          AND SO I THINK THAT'S THE IMPORTANT THING, THAT IF Y'ALL HAVE ONE TAKEAWAY FROM THIS DISCUSSION, IT'S THE OPPORTUNITIES FOR ALL ARTISTS WHO WANNA PARTICIPATE TO BE CONSIDERED, WHICH IS A VERY IMPORTANT PROCESS THAT STAFF GOES THROUGH WHEN WE'RE CONSIDERING PROFESSIONAL SERVICE AGREEMENTS. 
          WHETHER WE'RE HIRING A CONSULTANT TO DESIGN THE ADDISON CIRCLE PARK DIVISION PLAN, OR WE'RE LOOKING AT A CONTRACTOR THAT IS GOING TO, UM, CONSTRUCT SOMETHING FOR US. 
          WE, WE HAVE PURCHASING GUIDELINES THAT MAKES IT IMPORTANT THAT WE AFFORD THE OPPORTUNITY TO PEOPLE THAT WOULD LIKE TO BE CONSIDERED. 
          NOW WE STILL HAVE THE OPPORTUNITY THROUGH THOSE GUIDELINES TO IDENTIFY THE MOST QUALIFIED ARTIST, AND THAT'S ESTABLISHED. 
          WE CAN ESTABLISH THAT CRITERIA BEFORE WE SUBMIT THE RFQ ON WHAT MOST QUALIFIED LOOKS LIKE. 
          PRICE IS A FACTOR. 
          QUALITY OF WORK IS A FACTOR. 
          RELEVANT EXPERIENCE CAN BE A FACTOR, BUT THE IMPORTANT PART THAT THE RFQ AND RFP PROCESS DOES IT, IT AFFORDS MORE R THE OPPORTUNITY TO BE CONSIDERED. 
          AND THEN WE ALSO LOOKED AT FUNDING MECHANISMS. UM, SEVEN CITIES PREDOMINANTLY EMPLOY A DIVERSE RANGE OF FUNDING SOURCES TO SUPPORT THEIR PUBLIC ART PROGRAMS. AND THIS INCLUDES ANYTHING FROM A PERCENT FOR ART PROGRAMS, WHICH OFTENTIMES IT'S ONE TO 2% OF A CAPITAL IMPROVEMENT PROJECT IS SET ASIDE FOR PUBLIC ART. 
          UM, SOME ARE USING HOTEL OCCUPANCY TAX FUNDS TO PAY FOR PUBLIC ART. 
          SOME ARE USING BOND FUNDS, SOME ARE USING GENERAL FUNDS. 
          UM, SOME USE REVENUE FROM EVENTS AND SOME TAKE DONATIONS FROM PRIVATE ENTITY. 
          SO THERE'S NOT 
          [01:30:01]
ONE METHOD FOR FUNDING PUBLIC ART. 
          THERE'S A TOOLBOX OF METHODS TO FUND PUBLIC ART. 
          TWO CITIES PREDOMINANTLY UTILIZE A PROCESS WHERE THE TOWN GRANTS MONEY TO A NONPROFIT. 
          AND THAT GRANT MONEY IS TYPICALLY COMING FROM THE GENERAL FUND, OR IN ONE CASE, THE HOTEL FUND TO FACILITATE A PUBLIC ART PROGRAM. 
          ADDISON IS ONE OF THESE CITIES. 
          AND THEN AN ESTABLISHED PROCESS COULD NOT BE IDENTIFIED FOR FOUR CITIES. 
          AND THOSE FOUR CITIES ARE CARROLLTON, FARMERS RANCH, FLOWER MOUND, AND I. 
          THESE FUNDING STRATEGIES HIGHLIGHT THE VARIED APPROACHES THAT CITIES TAKE TO SUSTAIN AND EXPAND THEIR PUBLIC ART INITIATIVES. 
          FROM DIRECT MUNICIPAL SUPPORT THROUGH GRANTS TO NONPROFITS TO INNOVATIVE FUNDING MECHANISMS LIKE PERCENT FOR ART AND LEVERAGING EVENT REVENUES, CITIES PREDOMINANTLY EMPLOY TAILORED STRATEGIES TO FINANCE THEIR PUBLIC ART ENDEAVORS. 
          OKAY, AND JUST REAL QUICKLY, THIS IS THE COMPARISON CHART THAT WE PUT TOGETHER WITH THE SUMMARY ON THOSE THREE SLIDES WAS BILLED FROM. 
          UM, ON THIS CHART, WE HAVE PROVIDED COUNSEL WITH HYPERLINKS WHERE YOU CAN ACCESS THE PUBLIC ART MAP ONLINE IF IT IS AVAILABLE FOR THE CITIES. 
          SO YOU CAN LOOK AT THEIR PUBLIC ART COLLECTION. 
          UM, IT ALSO HYPERLINKS THEIR PUBLIC ART MASTER PLAN IF THAT IS SOMETHING THAT'S AVAILABLE ONLINE. 
          SO IF YOU COULD REVIEW THE DETAILED PROCESSES THAT WERE IN THOSE PLANS AND HOW THEY WERE IDENTIFIED, UM, I'VE GIVEN YOU AN OVERVIEW OF THAT. 
          BUT IF THERE'S ANY QUESTIONS THAT YOU HAVE, I WOULD BE HAPPY TO GO THROUGH THE CHARTS AND GET THAT WITH YOU. 
          UM, SO NOW THAT WE'VE LOOKED AT OUR COMPARATOR CITIES, I WANNA LOOK AT OUR CURRENT PRACTICE, WHAT WE CURRENTLY ARE DOING. 
          SO THAT PROCESS CHART THAT I SHOWED YOU, AND LOOK AT THE SUCCESSES THAT WE ARE HAVING FROM THAT. 
          SO THE FIRST THING THAT I WANNA POINT OUT IS THERE IS DEDICATION AND COMMITMENT. 
          SO MEMBERS OF THE ADDISON ARBOR FOUNDATION DEDICATES SUBSTANTIAL TIME TO SELECTING PUBLIC ART INSTALLATIONS. 
          UM, THERE'S A SIGNIFICANT CONTRIBUTION. 
          ADDISON ARBOR FOUNDATION HAS PROVIDED 25 PERMANENT ART INSTALLATIONS REPRESENTING THE MAJORITY OF THE ART INSTALLATIONS IN ADDISON. 
          THERE'S HIGH QUALITY. 
          THE ARTWORK PROCURED BY THE ARBOR FOUNDATION IS NOTABLY THE HIGH QUALITY AND THERE'S SUFFICIENCY. 
          THE ORGANIZATION OPERATES WITH LOW OVERHEAD MAXIMIZING RESOURCES FOR ART ACQUISITION AND MAINTENANCE. 
          AND THERE'S EXPERTISE MEMBERS POSSESS EXTENSIVE KNOWLEDGE OF PUBLIC ART AND ARTISTS WITHIN THIS FIELD. 
          SO THE ARBOR FOUNDATION'S EFFORTS HAVE ENRICHED ADDISON'S CULTURAL ENVIRONMENT THROUGH THOUGHTFUL SELECTION, HIGH QUALITY INSTALLATIONS IN EFFICIENT MANAGEMENT OF PUBLIC ART INITIATIVES. 
          IT'S ALSO IMPORTANT TO LOOK AT SOME OF THE CHALLENGES. 
          THERE ARE VOLUNTEER CONSTRAINTS. 
          UM, AND I SAY THIS VERY RESPECTFULLY, BEING A VOLUNTEER FOR MY OWN ARTS COUNCIL IN MY COMMUNITY, I KNOW THE TIME THAT THEY GIVE AND THE, THE PULL THAT IT HAS ON YOU OUTSIDE OF YOUR DAY LIFE GIVING TIME TO VOLUNTEER TO SERVE YOUR COMMUNITY. 
          THE OUR FOUNDATION OPERATES PRIMARILY WITH VOLUNTEERS AND THEY HAVE LIMITED TIME. 
          THEY SET THIS TO STAFF. 
          UM, IT CAN HINDER THEIR ABILITY TO INCORPORATE ADDITIONAL STAT STEPS LIKE PUBLIC ENGAGEMENT OR FOLLOW THROUGH STANDARD RFQ OR RP PROCESSES FOR LARGER SCALE PUBLIC ART PROCUREMENT. 
          AND I SAY THAT RESPECTFULLY, THAT THERE HAVE BEEN TIMES THAT WE HAVE RECEIVED SOME PUSHBACK ABOUT DOING PUBLIC ENGAGEMENT OR DOING A MORE ROBUST SELECTION PROCESS TO ALLOW MORE ARTISTS AND OPPORTUNITY BECAUSE OF LIMITED TIME CONSTRAINTS. 
          THE PROCUREMENT METHODS THAT THE ARBOR FOUNDATION PREDOMINANTLY USES DIRECT SELECTION AND DIRECT PURCHASE METHODS, WHICH DIVERT DIVERT FROM STANDARD PRACTICES FOR MUNICIPAL PUBLIC ART PROCUREMENT. 
          AND THESE METHODS ARE MOSTLY SUITED FOR THE PURCHASE OF SMALLER ART INSTALLATIONS. 
          SO IF YOU LOOK AT OUR COMPARATOR CITIES THAT ARE USING THESE METHODS TO PURCHASE ART, IT IS FOR ART INSTALLATIONS THAT HAVE A BUDGET BELOW $50,000 AND HAVE A VERY TIGHT TIMELINE. 
          UM, AND THE REASON THAT CITIES USE MORE ROBUST PRACTICES IS BECAUSE IT ALLOWS MORE ARTISTS THE OPPORTUNITY TO BE CONSIDERED. 
          UM, I'M NOT GOING TO SAY THAT THEY HAVEN'T, THE ARBOR FOUNDATION HASN'T FOUND SOME VERY QUALIFIED ARTISTS AND BROUGHT SOME VERY GREAT ARTWORKS TO THE TOWN OF ADDISON. 
          BUT THEY HAVE SPENT A LOT OF TIME RESEARCHING ARTISTS AND KIND OF HANDPICKING ARTWORKS 
          [01:35:02]
FOR, AND THEN FINDING LOCATIONS THAT THEY FIT IN TOWN, WHICH CAN BECOME CHALLENGING WHEN STAFF IS BEING DIRECTED TO FULFILL COUNCIL OBJECTIVES AND ALIGN WITH OUR KEY FOCUS AREAS THAT HAVE BEEN ESTABLISHED. 
          BECAUSE SOMETIMES THOSE PROJECTS, UM, LEND THEMSELVES MORE TO BEING INCORPORATED INTO A CONSTRUCTION PROCESS OR A DESIGN PROCESS OR A LARGER BUDGET, OR NEED A DEFINED LOCATION UP FRONT, AND THEN GO THROUGH A COMMISSION PROCESS WHERE YOU ALLOW AN ARTIST TO DEVELOP SOMETHING SPOT SITE SPECIFIC FOR THAT LOCATION. 
          SO THAT'S SOME OF THE CHALLENGES THAT WE FOUND. 
          BUT I ALSO WANNA MAKE, MAKE IT CLEAR, THERE HAVE BEEN SUCCESSES AND WHEN STAFF HAS ASKED THE ARBOR FOUNDATION TO MAKE SURE THAT WE'RE, UM, FOLLOWING PURCHASING PROCEDURES AND GUIDELINES, THEY DO TRY TO INCORPORATE THAT INTO THEIR PROCESS. 
          UM, THERE'S AN AUTONOMOUS NONPROFIT STATUS AS A SEPARATE NONPROFIT ENTITY FROM THE TOWN. 
          THE ARBOR FOUNDATION OPERATES INDEPENDENTLY AND THIS NOT DIRECTED GOV OR DIRECTLY GOVERNED OR DIRECTED BY MUNICIPAL AUTHORITIES. 
          WHEN CAN, WHICH CAN MAKE IT DIFFICULT FOR STAFF TO FULFILL COUNCIL DIRECTION. 
          UM, THERE HAVE BEEN TIMES THIS YEAR THAT STAFF HAS ASKED, UM, OF OTHER POLICIES OR THINGS TO BE IMPLEMENTED DIFFERENTLY. 
          AND THE RESPONSE HAS BEEN, WE DO NOT, WE DO NOT REPORT TO THE TOWN. 
          WE ARE AN INDEPENDENT AGENCY. 
          AND SO ONE OF THE QUESTIONS IN THIS DISCUSSION THAT I ASKED COUNSEL IS, UM, HOW DO YOU WANT, HOW, HOW IS YOUR DIRECTION FOR STAFF TO BEGIN TO IMPLEMENT YOUR DIRECTION WHEN IT BECOME COMES TO A PUBLIC ART COLLECTION? BECAUSE THAT'S ONE OF THE, UM, BIG TALKING POINTS TO US IS WE ARE TRYING TO FULFILL COUNCIL'S OBJECTIVES AND KEY FOCUS AREAS. 
          UM, AND WE'RE DOING SO WITH AN INDEPENDENT PARTY THAT DOES NOT REPORT OR TAKE DIRECTION FROM THE TOWN. 
          THERE'S ALSO LIMITED DECISION MAKING, UM, ART SELECTIONS OF THIS GROUP. 
          ART SELECTIONS ARE TYPICALLY MADE BY A SMALL GROUP OF INDIVIDUALS WITHIN THE ARBOR FOUNDATION, AND IT POTENTIALLY LIMITS DIVERSE PERSPECTIVES IN COMMUNITY INPUT. 
          IT'S VERY IMPORTANT TO HAVE CITIZENS INVOLVED IN THE PURCHASE OF PUBLIC ART FOR THE COMMUNITY. 
          UM, I FEEL LIKE THIS WAS SOMETHING THAT WAS JUST STAFF WAS TOLD TO DO. 
          WE WOULD NEVER GET IT RIGHT, TRULY REPRESENTING THE C'S NEEDS AND DESIRES AND WHAT THEY SEE FOR PUBLIC ART COLLECTION THAT IS IN THEIR TOWN. 
          AND SO CITIZEN INVOLVEMENT IS VERY IMPORTANT. 
          BUT WHEN WE HAVE DIVERSE CITIZEN INVOLVEMENT ON OUR OTHER PROJECTS, SUCH AS THE ADDISON CIRCLE PARK VISION PLAN, OR THE PARKLAND DEDICATION PROJECTS THAT WE'VE RECENTLY DONE, WE HEAR DIFFERENT PERSPECTIVES BECAUSE THE GROUP, UM, IS, HAS MORE DIVERSITY AND THEY, THEY'RE BRINGING FRESH IDEAS RELATED TO THEIR PERSONAL EXPERIENCE IN THEIR COMMUNITY. 
          UM, AND THEN THERE'S AN IMPACT OF LARGE DONATIONS. 
          SO THE PAST A YEAR TO TWO YEARS, THERE HAVE BEEN SEVERAL DEVELOPMENTS THAT WITH THEIR DEVELOPMENT PACKET HAVE INCLUDED THE DONATION OF FUNDS TO PROCURE PUBLIC ART TO THE ARBOR FOUNDATION. 
          AND IT HAS BEEN COMMUNICATED TO US THAT THE SIGNIFICANT AMOUNT OF DONATIONS IS CREATING TIME CONSTRAINTS AND LOGISTICAL CHALLENGES FOR THE ARBOR FOUNDATION IN MANAGING THOSE PUBLIC ART INITIATIVES EFFECTIVELY. 
          SO THESE CHALLENGES HIGHLIGHT THE COMPLEXITY THAT THE ARBOR FOUNDATION FACES IN BALANCING OPERATIONAL CONSTRAINTS, ADHERENCE TO MUNICIPAL DORMS, MAINTAINING AUTONOMY AND MANAGING COMMUNITY EXPECTATIONS IN THE ROLE OF ENHANCING ABSENCE PUBLIC ART. 
          SO TO ALIGN PUBLIC ART SELECTION AND PROCUREMENT WITH COUNCIL STRATEGIC OBJECTIVES AND IDENTIFIED PROJECTS. 
          UM, STAFF RECOMMENDS THAT THERE BE SOME SLIGHT ADJUSTMENTS TO THE PUBLIC ART POLICY. 
          BUT THE IMPORTANT THING IS REALLY THIS PROCESS THAT'S SHOWN UP HERE BETTER REPRESENTS HOW THE PUBLIC ART POLICY TODAY RES. 
          UM, SO THE NEW PROCESS THAT WE'RE PROPOSING WITH SLIDE MODIFICATIONS WOULD BE COUNCIL WOULD SET THE STRATEGIC OBJECTIVES, UM, AT THE BEGINNING OF PROCUREMENT, AND THEN STAFF WOULD IDENTIFY THE PROJECT LOCATION AND FUNDING REQUEST. 
          UM, COUNCIL WOULD, UM, GIVE APPROVAL OF THE PROJECT AND THE BUDGET PROCESS, AND THEN AN RFQ OR OTHER PROCUREMENT METHOD WOULD BE IMPLEMENTED BASED ON WHAT'S APPROPRIATE FOR THE SIZE, THE TIMELINE, AND THE BUDGET OF THE PROJECT. 
          [01:40:02]
AND THEN THE ARBOR FOUNDATION AND STAFF WOULD REVIEW THE PROPOSALS THAT HAVE BEEN SUBMITTED FOR 'EM AND MAKE A RECOMMENDATION TO COUNCIL AND COUNCIL WOULD AWARD THE CONTRACT IF THEY DID, AND THEN STAFF WOULD OVERSEE THE INSTALLATION AND MAINTENANCE. 
          NEXT SLIDE. 
          AND SO THIS SHOWS THE SUGGESTED EDITS TO THE PUBLIC ART POLICY, AND THEY'RE REALLY MORE JUST FOR CLARIFICATIONS WITH ONE CHANGE. 
          SO THE ADDISON ARBOR FOUNDATION WILL REVIEW PROPOSALS FROM DONORS OR ARTISTS THROUGH THE SELECTION PROCESS, SO THAT THAT'S CURRENTLY IN THE PUBLIC ART POLICY. 
          UM, I DID CLARIFY THAT THOSE, THAT, UM, ISSUING OF THOSE PROPOSALS WOULD BE FACILITATED BY STAFF AND THEN THE TOWN WOULD WORK WITH CITIZENS GROUPS TO ENSURE THE PROPOSAL. 
          UM, THIS IS ONE AREA THAT THE ARRO FOUNDATION HAS ASKED FOR HELP WITH, UM, THAT THEY DO NEED. 
          THEY UNDERSTAND THAT THEY, THERE NEEDS TO BE A ROBUST ENGAGEMENT PROCESS, BUT BECAUSE OF, I CAN'T TALK TODAY BECAUSE OF TIME CONSTRAINTS, THEY HAVE ASKED THE TOWN TO HELP FACILITATE THAT. 
          AND SO I'VE INCLUDED THAT CHANGE, UM, IN THIS PROCESS. 
          AND THEN THE OTHER CHANGE, UM, WOULD BE THE ADDISON ARBOR FOUNDATION WILL PRESENT THE PROPOSED PUBLIC ART AND LOCATION TO COUNCIL AND, UM, TO OUT OF RESPECT FOR THEIR TIME, I HAVE CHANGED THAT TO STAFF, BUT IT COULD BE EITHER WAY STAFF'S DIRECTION OR COUNCIL'S DIRECTION. 
          UM, SO WITH THAT NEXT SLIDE, UM, I'D LIKE TO FACILITATE, UM, ANY DISCUSSION THAT YOU'D LIKE TO HAVE OVER THIS TOPIC AND ANSWER ANY QUESTIONS THAT YOU MIGHT HAVE. 
          OKAY. 
          QUESTIONS, COMMENTS? I HAVE, I HAVE ONE, JUST, UM, ONE THAT MIGHT KIND OF, UM, HELP ME DIGEST ALL OF THIS A LITTLE BIT MORE WITH, UM, WHAT WAS THE IMPETUS, YOU KNOW, FOR THIS REVIEW AND ANALYSIS? WHERE DID IT START? WHAT WAS, OH, I'LL JUMP IN ON THAT ONE. 
          YOU KNOW, UM, AND, AND THIS GOES TO EVERYBODY ON STAFF. 
          WE'RE ALWAYS LOOKING FOR PROCESS IMPROVEMENTS AND, AND OPPORTUNITIES TO DO THINGS A LITTLE BIT DIFFERENT OR BETTER AND JUST KIND OF STRESS TEST WHERE WE ARE. 
          AND THIS IS ONE THAT I CAME IN, I WENT THROUGH THE BUDGET PROCESS LAST YEAR, AND I JUST RAISED SOME QUESTIONS AND, AND I, I DO WANT TO COMMEND JAN. 
          I THOUGHT THIS WAS A GREAT PRESENTATION AND RIGHTFULLY SO. 
          YOU KNOW, TALK ABOUT THE GREAT WORK THAT THE  FOUNDATION HAS DONE. 
          AND I WANT EMPHASIZE THAT AS WE LOOK AT THE PROCESS, YOU KNOW, AND, AND WE TALKED ABOUT, AND WE HAVE A TIMELINE OF WHAT WE'RE DOING, YOU KNOW, TO UNDERSTAND WE'RE GIVING THE GRANT TO THE AR FOUNDATION, WHICH FOR THE MOST PART IS PAYING FOR THE ENTIRE, THEY'RE GOING THROUGH THE PROCUREMENT PROCESS AND THE PUBLIC OUTREACH SEPARATELY FROM THE TOWN, AND THEN IT JUST COMES BACK TO THE TOWN. 
          RAISE SOME QUESTIONS FOR ME. 
          SO THAT IS WHEN I ASKED YOU TO DIG INTO IT MORE. 
          WE LOOK AT THE ART POLICY AND WE TRIED TO THINK OF, IS THERE A BETTER WAY TO DO IT? AND THAT LED TO SURVEYING OTHER CITIES AND, AND TRY TO SEE WHAT IS THE BEST WAY TO DO THIS. 
          AND IT COMES BACK TO THE PROCESS, TRYING TO ENSURE THAT WE DO THE RIGHT PERSON PROCESS TO ENSURE WE HAVE THE PUBLIC INPUT THAT WE NEED, AND THAT WE'RE USING PUBLIC DOLLARS THE WAY THAT THEY NEED TO BE USED. 
          AND WE HAVE THE STAFF AND WE HAVE THE CAPACITY ON STAFF TO KNOW HOW TO FOLLOW THOSE PROCESSES AND WE CAN ENSURE THEY'RE BEING FOLLOWED. 
          SO THAT WAS THE GENESIS OF, OF THE DISCUSSION. 
          OKAY. 
          SO, SO IS THAT PROCUREMENT PROCESS ONE OF THE MAIN AREAS OF CONCERN THAT MAY NOT FOLLOW BEST MUNICIPALITY, YOU KNOW, BUSINESS PRACTICES, UH, AS FAR AS THE HANDLING OF FUNDS THAT MAY BE CONSIDERED TAXPAYER FUNDS THAT HAND THEM OVER TO ANOTHER ENTITY TO, TO DEAL WITH AND YEAH, I THINK THAT WAS HIGHLIGHTED IN JAN'S PRESENTATION. 
          I, I DON'T, AND NO ONE'S SAYING ANYTHING WAS DONE INCORRECTLY. 
          RIGHT, RIGHT, RIGHT. 
          IT'S JUST NOT BEST PRACTICE. 
          RIGHT. 
          UM, BUT WHEN I SAY PROCESS, IT'S NOT JUST THE PURCHASING PROCESS, IT'S ALSO THE PUBLIC INPUT PROCESS, ENSURING THAT WE'RE ALIGNING WITH GOALS AND THAT WE'RE GETTING INPUT FROM THROUGHOUT THE COMMUNITY. 
          SO BY DOING SOME OF THESE CHANGES, WE CAN THINK ABOUT WHAT IS THE BEST WAY TO DO THAT. 
          THERE'S A NUMBER OF, OBVIOUSLY OUR PARKS DEPARTMENT IS CONSTANTLY DOING OUTREACH TO THE ENTIRE COMMUNITY, THE SUBSETS OF THE COMMUNITY TO TRY TO GET INPUT. 
          I DO THINK AS WE MOVE FORWARD DOWN THE LINE TRYING TO SAY IS, WOULD IT BE APPROPRIATE TO HAVE A PUBLIC ART COMMITTEE FOR THE TOWN THAT'S APPOINTED? AND THAT CASE THAT HELPS US TO ENSURE THAT WE'RE HAVING A, A LONG TERM PLAN FOR OUR PUBLIC ART AND WE'RE FOCUSING ON THE LOCATIONS THAT WE WANT AND THAT WE'RE UP TO THAT QUALITY THAT WE WANT. 
          UM, AND SO I, I THINK THESE PROCESS IMPROVEMENTS ARE, ARE INTENDED TO CONTINUE THE QUALITY THAT WE HAVE, BUT JUST CHANGE THE WAY THAT WE DO IT AND, AND HOPEFULLY INCLUDE THE ARBOR FOUNDATION THROUGHOUT THAT PROCESS AS BEEN OUTLINED WITH THE PROPOSED ROUND. 
          I'D ALSO LIKE TO CLARIFY THAT THE ARBOR FOUNDATION CAN CONTINUE TO PROVIDE PUBLIC ART TO THE 
          [01:45:01]
TOWN IN THE PROCESS THAT THEY'VE BEEN WORKING THROUGH, THROUGH THE DONATION PROCESS PROCESS. 
          UM, AND I THINK THAT'S SOMETHING THAT'S IMPORTANT. 
          NOW THEY HAVE CONVEYED THAT, UM, WITHOUT THE CITY BRAND, THAT THAT MIGHT CAUSE SOME FINANCIAL STRAINS ON THEM, BUT THERE IS AN OPPORTUNITY FOR THEM TO PROVIDE HEALTH ART TO THE TOWN THROUGH THAT DONATION PROCESS. 
          YEAH. 
          I'VE GOT SOME QUESTIONS. 
          UM, I APPRECIATE ALL THESE LINKS IN THE OTHER CITIES AND SO FORTH. 
          UM, THERE'S A LOT, A LOT OF INFORMATION THERE, AND I THINK YOU'VE GOT A GOOD HANDLE ON OUR OTHER COMPARATOR CITIES. 
          WHO'S GOT THE, WHO YOU THINK HAS THE BEST ART OR WHO ARE WE COMPETING WITH? UM, FROM A SCULPTURE? LIKE JUST AN OUTDOOR SCULPTURE? SO OUTSIDE OF OUR COMPARATOR CITIES, UM, THE FIRST CITY THAT COMES TO MY MIND IS LOOKING AT FORT WORTH'S PUBLIC ART COLLECTION. 
          YEAH. 
          AND I'M, I'M, I'M SORRY, I'M TALKING ABOUT FROM OUR COMPARATOR CITIES, FROM OUR COMPARATOR CITIES. 
          SO IF I LOOK AT, UM, ALLEN IS A, I THINK A GOOD EXAMPLE, UM, IN ONE OF THEIR PROJECTS THAT I'LL POINT OUT THAT REALLY STOOD OUT TO ME IS THEY HAD A COMMISSION PIECE FOR THEIR FIRE STATION THAT THEY WERE BUILDING. 
          AND THERE WAS AN ARTIST THAT CAME IN AND CAME UP WITH A CONCEPT THAT SAID, LET'S TAKE LADDERS FROM THE FIRE DEPARTMENT. 
          IT'S CALLED HOOK, LINE AND LADDER. 
          UM, AND COME UP WITH THIS FLAME THAT IS ALSO ON RAIL TIES. 
          UM, BECAUSE ALLEN HAS A STRONG TIE TO THE RAILROAD, THEIR HISTORY. 
          AND SO THIS ARTIST CAME IN AND DEVELOPED SOMETHING THAT WAS SITE SPECIFIC, UM, THAT ENGAGED THE FIRE DEPARTMENT AND ENGAGED THE COMMUNITY. 
          AND IT CAME UP WITH SOMETHING THAT IS UNIQUE TO ALLEN AND IT'S UNIQUE TO THAT LOCATION. 
          AND SO THAT'S ONE THAT STANDS OUT TO ME. 
          FRISCO, UM, ALSO IS ONE THAT THEIR PUBLIC ART COLLECTION STANDS OUT TO BE. 
          UM, I'M TRYING TO REMEMBER THE OTHER CITY, I THINK IT WAS MCKINNEY THAT HAD SEVERAL BRAD OLDHAM INSTALLATIONS, UM, THAT WERE VERY SITE SPECIFIC. 
          THEY WERE PART OF A CAPITAL IMPROVEMENT PROJECT THAT ALLOWED AN ARTIST TO COME UP WITH SOMETHING THAT INTEGRATED INTO THE DESIGN. 
          UM, SO THOSE WOULD BE SOME KIND OF PREFERENCES OUT OF OUR COMPARATOR CITIES. 
          OKAY. 
          UM, AND DO YOU, DO YOU FEEL THAT WE NEED A MASTER PLAN FOR, UH, PUBLIC ART? I THINK A MASTER PLAN IS A GOOD TOOL TO USE TO MAKE SURE WE'RE ALL ON THE SAME PAGE. 
          WE'VE DEFINED WHAT OUR GOALS ARE, WHAT OUR, WHAT OUR OBJECTIVES ARE, HOW WE'RE GOING TO FUND IT. 
          IT GIVES US AN OPPORTUNITY TO FACILITATE THOSE DISCUSSIONS, UM, AND REALLY IDENTIFY THOSE THINGS. 
          HOWEVER, I THINK THAT THE ANALYSIS THAT WE JUST DID CAN START TO FACILITATE THAT DISCUSSION AND WE CAN UPDATE OUR PUBLIC ART POLICY TO BE MORE ROBUST, TO INCLUDE THOSE THINGS. 
          THAT'S A QUICKER METHOD. 
          UM, THAT, AND I KNOW SOMETIMES RESIDENTS AND COUNCIL WANNA SEE PROJECTS HAPPEN AND NOT MONEY GO INTO, UM, PLANNING STUDIES ALL THE TIME. 
          AND SO THAT'S AN AVENUE FOR US TO AVOID A PLANNING STUDY, BUT ALSO MAKE OUR OUR POLICY MORE ROBUST IS TO FACILITATE THOSE CONVERSATIONS. 
          AND IF, IF WE, YOU YOU'VE HAD SOME TIME TO THINK ABOUT THIS. 
          I HAVE NOT. 
          UM, WOULD YOU SEE THAT BEING SOMETHING THAT WOULD NOT, UH, TAKE TOO LONG TO CREATE? SO, SO LET ME GO BACK IN TIME. 
          SO, UH, IVAN COUNCIL MEMBER IVAN USED PROPOSING WE DO A TRAILS MASTER PLAN A FEW YEARS BACK. 
          AND I THOUGHT, OH, THIS WOULD BE FUN. 
          THIS WOULD BE LIGHT, THIS WILL BE EASY. 
          AND IT WAS VERY, VERY COMPLEX AND, UM, IT'S GREAT, GREAT PLAN, BUT IT, IT WAS A LITTLE BIT MORE COMPLEX THAN I INITIALLY THOUGHT WHEN HE PROPOSED IT. 
          UM, DO YOU THINK THIS, THIS WOULD BE REALLY COMPLEX OR DO YOU THINK IT WOULD BE SOMETHING A PUBLIC ART MASTER PLAN IS NOT AS COMPLEX AS A, A CITYWIDE TRAILS MASTER PLAN, ESPECIALLY ON THE TRAILS MASTER PLAN. 
          YOU'RE LOOKING AT FIVE FACILITIES AND THINGS THAT MADE IT EVEN MORE COMPLICATED. 
          TYPICALLY, IT'S A, UM, FIVE TO SIX MONTH PROCESS. 
          OKAY. 
          FOR REFERENCE, THE TRAILS MASTER PLAN, I THINK WENT A FEW MONTHS OVER A YEAR. 
          OKAY. 
          UM, AND SO YOU, YOU PUT TOGETHER THIS LIST OF, UH, WHAT I'M GONNA CALL THE TOWN TOWN OR, UM, AND, AND MOST OF THIS IS, WAS CREATED BY THE ADDISON ARBOR FOUNDATION. 
          AND SO WHEN I, WHEN I GO THROUGH THAT LIST, UM, SOME OF THESE, SOME OF THESE PIECES, I MEAN, ALL OF THEM ARE FABULOUS. 
          SOME OF THEM COST A LOT MORE THAN OTHERS. 
          [01:50:01]
UM, AND I DON'T HAVE FIVE SEVEN ON THEM. 
          I'VE GOT, I'VE GOT 'EM ON SOME, BUT, UM, SET UP AT QUORUM, OBVIOUSLY THAT'S PRETTY SIGNIFICANT. 
          I, I'M GUESSING THAT COSTS QUITE A BIT OF MONEY. 
          WE KNOW BLUEPRINTS OF ADDISON CIRCLE WAS, UH, QUITE A BIT OF MONEY. 
          UM, I ALWAYS GO DOWN THE LIST, UM, TANGO FANTASIA, AND THEN, AND THEN THE, THE MOST RECENT ONE THAT WE DID, UM, HONORING OUR FIRST RESPONDERS, THOSE ARE THE ONES THAT COME TO MY MIND, VERY EXPENSIVE. 
          WOULD YOU SAY THAT'S ABOUT, ABOUT ACCURATE? SO OUR PUBLIC ART COLLECTION IS INSURED FOR ABOUT $4.8 MILLION AND BLUEPRINTS IS 3 MILLION. 
          IF THAT, IF THAT HELPS YOU. 
          UM, SUM UP AT CORN IS NOT INCLUDED IN THAT. 
          UM, I'M DOING SOME RESEARCH ON WITH THE CORN BUSINESS ASSOCIATION TO IDENTIFY IF THAT WAS EVER TRANSFERRED OVER TO THE TOWN SINCE COMPOUND PROPERTY. 
          SO THAT ONE'S NOT INCLUDED. 
          UM, THE MAJORITY OF THE ARC INSTALLATIONS ARE 50 BELOW $50,000. 
          UM, AND THAT IS, I THINK ONE OF THE CHALLENGES THAT WE NEED TO LOOK AT IS THERE'S SOME INSTANCES TO KEEP IT A QUICKER PROCESS CURRENTLY TO SELECT ART PIECES THAT ARE UNDER $50,000. 
          UM, AND WE'RE STARTING TO GET TO A POINT WHERE THE LOCATIONS FOR ART PIECES WHERE WE'RE KIND OF STRUGGLING FOR WHEN WE FIND AN ARTIST OR AN ART INSTALLATION, UM, WHERE WE PUT IN. 
          AND I THINK THERE DOES NEED TO BE A TRANSITION WITH SOME OF THE MORE SIGNIFICANT CONSTRUCTION PROJECTS THAT WE HAVE SLATED, THAT WE LOOK AT INTEGRATING PUBLIC ART PIECES LESS, BUT THAT ARE A LITTLE MORE SUBSTANTIAL IN DOLLAR AMOUNT, WHICH REQUIRES A MORE DEFINED PROCESS. 
          UM, BUT THEY BE INTEGRATED INTO SOME OF THE CONSTRUCTION PROJECTS. 
          BUT I'VE BEEN IDENTIFIED COUNCIL FOR US TO GET STRATEGIC OBJECTIVES. 
          CAN WE GO TO SLIDE 22? SO TO YOUR, TO YOUR POINT THAT YOU JUST MADE, LIKE IF WE LOOK AT THIS, UM, LET'S, AND, AND THIS LOOKS LIKE SOMETHING THAT WOULD BE PERFECT FOR SOMETHING LARGER AND COMMISSIONED, BUT LET'S SAY THAT, THAT WE, UM, WE FOUND A FABULOUS PIECE OF ART AND, UH, FOR WHATEVER REASON SOMEBODY WAS, WAS WANTING TO, TO SELL IT TO US FOR MAYBE NOT, NOT THE AMOUNT THAT IT'S WORTH. 
          I'M THINKING OF A $75,000 ARTWORK. 
          WE'RE GONNA PAY 25,000 IF, IF WE BUY IT REALLY QUICK RIGHT THEN ON THE SPOT. 
          SO, UM, SO IN THIS SITUATION, I, I JUST LOOK AT THIS SITUATION. 
          IT'S LIKE WE'RE, WE'RE SEEM A LITTLE CONSTRAINED IN MY MIND BECAUSE WE'RE WAITING FOR BUDGET, WE NEED TO BUDGET AND SO FORTH. 
          SO IN THAT SITUATION, WOULD WE BE ABLE TO CAPTURE, CAPTURE THAT, THAT PIECE OF ART? SO IF, IF, LET ME GIVE YOU A SCENARIO OF HOW STAFF WOULD HANDLE THIS. 
          IF THERE WAS AN ART PIECE THAT WAS BROUGHT TO US THAT WAS A DIRECT PURCHASE, UM, AND THAT IT WAS A DISCOUNTED AMOUNT, UM, AND IT WASN'T BUDGETED FOR IN THE BUDGET YEAR, IS STAFF WOULD HAVE A DISCUSSION WITH LEADERSHIP IF IT WAS APPROPRIATE FOR THE TOWN, IT ALIGNED WITH GOALS. 
          UM, THERE WAS A LOCATION FOR IT THAT WAS A GOOD FIT. 
          OUR, UM, REVIEW COMMITTEE, WHETHER IT'S THE ARBOR FOUNDATION OR AN ADVISORY COMMITTEE, HAD BUY-IN AND FELT LIKE IT SUPPORTED TOWN VALUES. 
          WE, IF IT RECEIVED A GREEN LINE FROM CITY LEADERSHIP, WE WOULD PRESENT TO COUNCIL AND WE CAN ALWAYS DO A MIDYEAR BUDGET AMENDMENT TO ALLOW PURCHASE OF SOMETHING UNIQUE THAT CAME ALONG. 
          UM, IF IT'S A VERY LOW DOLLAR AMOUNT, SOMETIMES THE PARKS DEPARTMENT HAS SOME DISCRETIONARY FUNDS FOR SPECIAL PROJECTS THAT ARE UNIDENTIFIED THAT WE COULD ALSO USE IN THAT INSTANCE. 
          OKAY. 
          SO YOU MIGHT BRING THAT TO, TO THE, TO THE COUNCIL THE NEXT, THE NEXT COUNCIL MEETING, WHENEVER THAT MIGHT BE. 
          OKAY. 
          IN THE INTEREST OF TIME, I JUST WANTED A COUPLE OF COMMENTS. 
          I WAS REALLY SURPRISED BY THIS. 
          UM, WHEN, WHEN I STARTED READING, I THOUGHT, WELL, THERE'S PROBABLY SOME LIABILITIES OR SOME WEAKNESS THAT, YOU KNOW, COULD GET US IN TROUBLE DOWN THE ROAD. 
          UM, AND YOU KNOW, LIKE WAS PRESENTED, UM, THERE'S ALREADY ROBUST POLICIES THAT COVER SELECTION PAYMENTS, UM, VETTING DONORS, UM, WHAT, WHAT'S APPLICABLE, WHAT'S NOT. 
          UM, WHEN YOU GET INTO SOME OF OUR COM COMPETITIVE CITIES, WE HAVE ALL THAT. 
          WE HAVE CITIZEN INVOLVEMENT. 
          IT'S A GROUP THAT'S PROVED ITSELF. 
          THEY'VE BEEN HERE A LONG TIME, YOU KNOW, THEY'VE GOT EXPERTISE, THEY'RE ACTING AS AN ADVISORY BOARD. 
          [01:55:01]
UH, THE, WHAT WE DON'T HAVE IS A PUBLIC ART MASTER PLAN. 
          AND MAYBE THAT WOULD HELP THIS PROCESS A BIT. 
          UM, YOU KNOW, AND IF, IF YOU FEEL LIKE NOT ALL ARTISTS ARE BEING CONSIDERED, MAYBE THAT MASTER PLAN WOULD HELP, MAYBE, UM, YOU KNOW, HAVING A LARGER AUBURN FOUNDATION GROUP WOULD HELP. 
          UM, BUT I KNOW THEY DO SOME GREAT WORK. 
          I MEAN, WEREN'T WE RECOGNIZED AS BEING ONE OF THE BEST CITIES IN TEXAS FOR PUBLIC ART? SO IT'S REALLY SURPRISING THAT WE WOULD WANT TO CHANGE THINGS UP WHEN WE'RE HAVING SUCH SUCCESS. 
          I THINK PART OF WHAT WE WANT TO, I DON'T DISCOUNT ANY OF THAT. 
          WE HAVE AN AMAZING ART COLLECTION, IS THAT WE'RE NOT FOLLOWING THE POLICY. 
          WE'RE WE'RE FOLLOWING THE POLICY FOR DONATIONS, BUT WE'RE GIVING THE ENTIRETY OF THE FUNDS TO THE FOUNDATION THAT CAN PURCHASE IT. 
          SO WE'RE ESSENTIALLY GOING AROUND THE PROCESS FOR US TO PURCHASE THE ART, AND THAT IS HOW IT HAPPENED. 
          BUT IF YOU LOOK AT THE WAY THE POLICY IS WRITTEN, WE'RE NOT GOING THROUGH THE, THE WAY THE POLICY WOULD BE FOR US TO PURCHASE THE ART. 
          CERTAINLY IF WE WERE GIVEN THE FUNDS AND IT WAS PAYING FOR HALF OF THE PURCHASE OF THE YARD AND THEN THEY DONATED BACK TO US, THAT WOULD MAKE SENSE. 
          BUT IF YOU LOOK AT THE POLICY ITSELF FROM THE OUTSIDE, IT CERTAINLY LOOKS LIKE WE'RE GOING AROUND THE POLICY AS OPPOSED TO FOLLOWING THE POLICY. 
          WELL, I MEAN, THAT SEEMS LIKE A, A SIMPLE FIX. 
          YEAH. 
          YEAH. 
          IT SEEMS LIKE, WHY CAN'T WE JUST ADDRESS THAT? I MEAN, WE NEED A WIN-WIN. 
          SO IF I CAN I HAVE A, I HAVE A QUESTION. 
          CAN YOU GUYS HEAR ME? YES. 
          SO, UH, WHAT WAS THE FEEDBACK FROM THE, UH, ADDISON ARBOR FOUNDATION IN THIS DISCUSSION COMING UP WITH THIS PLAN? SURE. 
          WE, WE MET WITH THE ARBOR FOUNDATION AND WE WALKED 'EM THROUGH OUR PROPOSAL, OUR PRESENTATION, UM, AND THEY DID TELL US THAT IF THEY DID NOT RECEIVE THE GRANT FUNDS, UM, THAT THEY WOULD MORE THAN LIKELY HAVE TO DISSOLVE AS THE ARBOR FOUNDATION. 
          IT SEEMS LIKE, UM, I AGREE WITH SOME OF THE CONVERSATION THAT'S HAPPENING NOW, UH, THAT THERE NEEDS TO BE LIKE, UM, AN EVOLUTION OF THIS AND A REVIEW OF THE BYLAWS OF THAT, UH, ADVISORY COMMITTEE TO REDEFINE IT AND CLEAN IT UP, TIGHTEN IT UP A LITTLE BIT. 
          AND THAT WOULD INCLUDE THE PROCESS REVIEW AND PERHAPS EVEN GO INTO THE, UH, THE, UH, ART MASTER PLAN. 
          BUT I THINK A MORE OF A CONVERSATION WITH THE ARBOR FOUNDATION SHOULD, SHOULD HAPPEN TO WHERE THERE'S MORE OF A, A CONTINUITY OF THE CHANGE OF CHANGES, HAVE THEM MORE INVOLVED IN THE INPUT. 
          'CAUSE IT'S NOT BROKE NOW, IT WORKS. 
          IT JUST MAY, MAY NOT BE FOLLOWING ALL THE, THE PROCESSES AND, UM, YOU KNOW, MAYBE AUDIT POINTS AND THINGS LIKE THAT, COMMUNITY INPUT FOR SURE. 
          BUT IT SEEMS LIKE IT NEEDS TO BE MORE OF A CONVERSATION WITH THE ARBOR FOUNDATION TO GET TO WHAT THE NEXT VERSION OF IT LOOKS LIKE. 
          SO I'M SAYING IT SEEMS LIKE THERE NEEDS TO BE MORE, MORE CONVERSATION ON THIS, AND IT CAN GO FROM STAFF TO ARBOR FOUNDATION. 
          UH, BUT IT, I I'M NOT REAL COMFORTABLE WITH, UH, ADOPTING THIS AS, AS, OR GIVING THE DIRECTION TO MOVE FORWARD WITH THIS AS IT IS? WELL, WE CERTAINLY NEED TO HAVE MORE CONVERSATION ABOUT IT. 
          UH, I, I'VE GOT SOME THOUGHTS. 
          UM, FIRST OF ALL, ACKNOWLEDGE THE FACT THAT ARBOR FOUNDATION HAS DONE SOME AMAZING WORK IN THE TOWN. 
          YOU GOT SOME PEOPLE THAT ARE DOING THAT BECAUSE IT'S THEIR PASSION. 
          THEY LOVE DOING THAT. 
          SO THEY PUT THE TIME AND THE ENERGY INTO IT. 
          I ACKNOWLEDGE THAT AND I GREATLY APPRECIATE IT. 
          'CAUSE I LOVE MOST OF THE ART AND LIKE ART. 
          YOU DON'T LOVE ALL OF IT, BUT I LOVE ALL, I LOVE MOST OF IT. 
          UM, BUT THAT'S WHAT ART IS. 
          BUT, BUT SOME OF THE CONCERNS I HAVE ABOUT IT AND THE FACT THAT, THAT YOU WERE, WE'RE REVIEWING ALL THE PROCESSES THAT WE DO AS A TOWN, WE SHOULD BE, WE ABSOLUTELY SHOULD BE TO MAKE SURE WE'RE DOING THINGS AS BEST WE CAN. 
          AND THAT'S, THAT'S YOUR JOB, RIGHT? TO MAKE SURE THAT, UH, YOU KNOW, IS THERE A WAY TO, YOU KNOW, BE MORE EFFICIENT, MORE EFFECTIVE? AND THAT'S, THAT'S, THAT'S WHERE THIS COMES FROM. 
          I HAVE SOME LITTLE DISCOMFORT ABOUT THE FUNDING PROCESS AND THE FACT THAT TO, TO DAVID'S POINT, YOU WERE, WERE TAKING MONEY, THE GRANT AMOUNT, DON DONATING IT TO ARBOR, AND THEN THEY'RE TAKING THAT TO SPEND, UH, TO PURCHASE ART THAT GETS APPROVED BY THE COUNCIL. 
          IT, SO IT'S LIKE WE'RE FUNNELING MONEY THROUGH THEM FOR NOT A PARTICULAR REASON THAT I CAN QUITE FIGURE OUT. 
          OKAY. 
          AND SO, SO I'M A LITTLE UNCOMFORTABLE WITH THAT. 
          AND I'M ALSO UNCOMFORTABLE WITH THE, UM, THE FACT THAT WE, UM, IF YOU LOOK AT THE ARBOR FOUNDATION BUDGET AND, AND WHERE THE FUNDING COMES FROM, IT'S BASICALLY A HUNDRED PERCENT FROM THE TOWN. 
          AND IF YOU THINK ABOUT IT, IF ANY GROUP CAME BEFORE US TODAY, SOMEBODY WE'RE A NEW ONE, OR SOMEBODY WE'VE BEEN WORKING WITH IN THE PAST, 
          [02:00:01]
AND WE ASK 'EM WHETHER FUNDING COMES FROM, THEN THEY SAY, WELL, WE DON'T HAVE ANY OTHERS. 
          WE'RE DEPENDING ON YOU TO KEEP US AFLOAT. 
          WOULD WE APPROVE THAT FUNDING? MY GUESS IS PROBABLY NOT. 
          SO THAT'S WHY I THINK IT'S APPROPRIATE TO HAVE THIS CONVERSATION AND FIGURE OUT WHAT THE, WHAT THE BEST PROCESS IS. 
          AND MAYBE THIS, MAYBE THIS IS IT, MAYBE IT'S NOT. 
          BUT I DO THINK IT NEEDS MORE CONVERSATION. 
          AND I THINK WE NEED TO THINK THROUGH ALL THOSE DIFFERENT THINGS. 
          BECAUSE PART OF THE PROCESS THAT WE'RE DOING RIGHT NOW, TO ME, LACKS A LITTLE BIT OF TRANSPARENCY AND, AND SOMEBODY FROM THE OUTSIDE LOOKING IN AND SOMEBODY WERE TO COME AND AUDIT THAT, THEY'D SAY, WHY ARE YOU DOING THAT? YOU'RE JUST FUNNELING MONEY THROUGH THIS GROUP. 
          AND IT'S LIKE, YOU'RE NOT GOING THROUGH THE NORMAL PROCUREMENT PROCESS. 
          DOES THAT MAKE SENSE AT ALL? YES, IT DOES. 
          THE POINT I'LL MAKE BEING THE LIAISON TO THE ADDISON R FOUNDATION IS THE COMMUNITY GARDEN. 
          I THINK WE REALLY BROUGHT THAT UP IS, YOU KNOW, WITHOUT THE COMMUNITY GARDEN, YOU TALK ABOUT A FOCAL POINT, HAVING LIVED, BEING ABLE TO LIVE NEARBY IT AND WALK BY IT SO OFTEN AND SEE THAT ENGAGEMENT. 
          I FEEL LIKE NANCY BROUGHT UP A LITTLE BIT. 
          I THINK THAT THE GRANT MONIES NOT BEING GIVEN TO THE FOUNDATION IN CALL IT A QUICK FASHION, SORT OF WAS NUTS NOT DISCUSSED IN THE LAST COUNCIL MEETING. 
          IT WASN'T DISCUSSED TWO COUNCIL MEETINGS AGO. 
          I THINK IT WAS SORT OF QUICKLY PUT TOGETHER. 
          I THINK THERE SHOULD BE MUCH MORE CONVERSATION. 
          I THINK THE GRANT CONSIDERATION NEEDS TO BE PUT BACK ON THE TABLE AND THEN WITHIN THE CONSTRAINTS OF THE PROPOSED DIRECTION, MAYBE THERE'S SOME SHUFFLING OF THE TILES OR SOME UNS SHUFFLING OF THE TILES. 
          BUT I, I STILL FEEL LIKE IT'S NOT JUST ABOUT THE ART, IT'S ABOUT THE COMMUNITY GARDEN AND, AND THEN SOME AND THE EXPERTISE THAT'S GONE INTO THAT AND THE CARE, THE COMPASSION THAT'S BEEN PUT FORWARD. 
          SO I, I LIKE THE FACT WE HAD THIS DISCUSSION, BRUCE, ABOUT, YOU KNOW, BEING APPOINTED BACK TO BEING A LIAISON. 
          I THINK THAT'S AN INTEGRAL PART FOR THE FOUNDATION TO RECOGNIZE THAT THEY NEED TO HAVE MORE ENGAGEMENT WITH COUNCIL MEMBERS THAT ARE APPOINTED TO THEM. 
          'CAUSE WE HADN'T HAD A LOT OF ENGAGEMENT. 
          SO THAT WAS SOMETHING WE RECOGNIZED IN THE, IN THE PAST WEEK OR TWO, I'VE HAD NUMEROUS CONVERSATIONS, UM, BUT WHICH WERE ALL CONSTRUCTIVE. 
          THEY WERE ALL POSITIVE IN THE SENSE THAT IT WAS GOOD TO GET THINGS ON PEOPLE'S CHEST. 
          IT WAS GOOD TO ASK GOOD QUESTIONS OR ASK COUNCIL QUESTIONS. 
          SO I THINK AT THIS POINT, I THINK DARREN POINTED IT OUT AS WELL. 
          I JUST FEEL LIKE THERE'S MORE CONVERSATION THAT NEEDS TO GO INTO BEFORE THIS BECOMES STANDARD SET PRACTICE OR POLICY FROM MY POINT OF VIEW. 
          OKAY. 
          SO IT SOUNDS LIKE WE HAVE SOME WORK TO DO ON THIS. 
          WHAT DO YOU, WHAT DO YOU RECOMMEND WE DO FROM HERE? DAVID, YOU YOU GUYS WANT TO REWORK THIS, COME BACK AND TALK ABOUT IT SOME MORE. 
          I KNOW WE'RE IN THE MIDDLE, MIDDLE OF BUDGET TIME TOO. 
          WE CERTAINLY COME BACK TO ANOTHER WORK SESSION TO TALK ABOUT. 
          OKAY. 
          I, I WOULD LIKE TO DISCUSS IT A LOT MORE. 
          I'M NOT, UH, READY TO APPROVE WHAT WE'VE GOT IN FRONT OF US, BUT, UH, ONE OF THE THOUGHTS I HAD IS, IS THERE ROOM FOR SOME TYPE OF HYBRID MODEL? LIKE THEY'RE, THEY'RE, THEY'RE DOING GREAT AND, BUT UH, MAYBE ON THE TALKING A REALLY, REALLY BIG PIECES OF ART THAT MAYBE WE HANDLE IT RIGHT IN THIS FASHION THAT, THAT JAN IS PROPOSING. 
          UM, AND THAT SOUNDS SEEMS PRETTY POWERFUL OR, OR POWERFUL TO ME. 
          I UNDERSTAND THAT THERE MAY BE SOME PROCUREMENT STUFF WE MAY WANT TO NEED TO NEED TO SHORE UP, BUT, BUT, UM, YEAH, THE, THE, THE IMPACT OF LARGE DONATIONS AS THAT EXAMPLE. 
          YEAH, SLIDE 21. 
          MAYBE THAT'S WHERE THERE'S MORE IN INPUT. 
          A TOWN STAFF, LESS TOWN STAFF, RIGHT. 
          WHATEVER IS A LARGE DONATION AND RIGHT. 
          AND MAYBE EVEN MORE INVOLVEMENT FROM CITIZENS. 
          YOU KNOW, IF, IF ONE OF OUR PROBLEMS IS WE DON'T FEEL LIKE WE'RE OPENING UP ENOUGH ARTISTS, MAYBE THERE'S CREATIVE WAY WE COULD SOMEHOW FIGURE THAT OUT AS WELL. 
          UM, AND AT SOME POINT I'D LOVE TO HAVE THE ARBOR FOUNDATION PLANT TREES. 
          MAYBE THERE'S MORE TO THIS AND I KNOW THEY'RE DOING THAT. 
          YOU'RE TALKING ABOUT MORE TREES. 
          RIGHT, RIGHT. 
          I DON'T THINK THERE'S BEEN MUCH OF THAT FOR A WHILE THOUGH, AR QUITE FRANKLY. 
          AND, UM, I JUST LOST MY TRAIN OF THOUGHT THERE. 
          SORRY. 
          NO, I, BUT I THINK BRUCE'S OF A GREAT POINT. 
          I MEAN, I, I LOVE THE FACT THAT WE'RE REVIEWING THIS BECAUSE I THINK IT'S ABSOLUTELY NECESSARY THAT WE CONTINUE TO LOOK AT THINGS LIKE THIS TO MAKE SURE WE'RE, YOU KNOW, WE HAVE THE CORRECT CHECKS AND BALANCES CONTROLS IN PLACE. 
          SO I, I APPRECIATE YOU BRINGING IT FORWARD. 
          HOWARD, YOU ADD SOMETHING, HOW MUCH DO WE GIVE TO THE ARGO FOUNDATION CURRENTLY? 65. 
          65,000. 
          65 AND, OH, JUST MY, YEAH, THE COMMENT THAT I LOST CAME BACK. 
          SO, SO I, I AM INTERESTED IN MORE INCLUSION IN OTHER ARTISTS AND, AND DOING THAT R-F-P-R-F-Q PROCESS WOULD CERTAINLY MAKE THAT MORE AVAILABLE. 
          UM, BECAUSE OTHERWISE YOU DO HAVE REALLY SMALL GROUP OF FOLKS, YOU KNOW, QUALIFIED AS THEY ARE. 
          THEY, THEY HAVE THEIR 
          [02:05:01]
TASTE AND THEIR ARTISTS THAT THEY PROBABLY LIKE PREFER TO GO TO. 
          SO I THINK ABOUT BEING ABLE, ABLE TO OPEN IT UP, BEING MORE INCLUSIVE IN THE ARTIST COMMUNITY AND IN THE ADDISON COMMUNITY AS WELL TO, TO, TO ENCOURAGE MORE INVOLVEMENT WOULD BE IMPORTANT. 
          WELL, I, FROM WHAT I'M HEARING, I THINK WE'RE KIND OF FOCUSING IN ON THE FUNDING PROCESS THAT AND, AND THEN MORE INVOLVEMENT, COMMUNITY INVOLVEMENT. 
          AND THOSE ARE THE MAJOR THINGS I THINK, I THINK WITH MORE DISCUSSION WE CAN COME UP WITH. 
          WELL, THERE'S ALSO ANOTHER IMPORTANT PART OF IT THAT, THAT JANA TOUCHED ON, IS THE, UM, THE STAFF WHEN IT'S STAFF DRIVEN AND WE HAVE SOME VERY TALENTED PEOPLE ON STAFF, AS YOU KNOW, UM, WHEN IT'S STAFF DRIVEN, THEIR, THEIR JOB AND THEIR ROLE IS TO DO THINGS THAT ARE IN ACCORDANCE WITH OUR STRATEGIC PLAN THAT WE DO OUR, OUR, OUR PLAN, OUR BUDGETING, OUR STRATEGIC PLAN THAT WE DO EVERY YEAR. 
          AND, AND MAKE SURE THAT WHAT WE'RE DOING IS, IS ALIGNED WITH THAT THE AR FOUNDATION AS THEY'RE GOING THROUGH THEIR PROCESS, MAY OR MAY NOT REALLY BE GOING WITH THAT SAME, UH, SAME GOAL IN MIND. 
          RIGHT. 
          SO THAT'S JUST THOUGHT. 
          THANK YOU. 
          I JUST WOULD WANNA SAY A COUPLE BASED ON THE DISCUSSION, A COUPLE THINGS ON THE PROCESS AS WELL. 
          I, ALL THE DISCUSSIONS THAT HAVE BEEN HAD HERE, I JUST WANT YOU TO BEST ASSURE JANA HAS HAD THOSE DISCUSSIONS WITH ALMOST EVERYTHING WE'VE TALKED ABOUT HERE WITH THE ALBERT FOUNDATION FOR THE PAST YEAR PLUS TENURE YEARS. 
          SO THESE ARE DISCUSSIONS THAT HAVE BEEN ONGOING. 
          UM, WE HAD HAD, DURING THE GRANT PROCESS LAST YEAR, SOME OF THIS WAS TOUCHED ON A LITTLE BIT AS THEY BROUGHT THEIR GRANTS UP. 
          AND THAT'S ALSO THE PURPOSE. 
          I KNOW, BUT HEY, YOU'RE LOOKING AT THIS PURPOSE OF A WORK SESSION. 
          WE'RE HERE TO TALK ABOUT THESE THINGS AND WE CAN HAVE FOLLOW UP WORK SESSIONS, BUT THIS IS WHEN WE BRING THESE TOPICS UP. 
          SO, UM, WE CAN CONTINUE THE CONVERSATION, UM, AND, AND COME BACK WITH OPTIONS. 
          I WOULD, I WOULD JUST WANT TO SAY AS FAR AS WHAT WE'VE LAID OUT FOR A PROCESS MOVING FORWARD, YOU LOOKED AT THE INTENTION OF THAT PROCESS ESSENTIALLY WAS A VERY SIMILAR, SIMILAR PROCESS, WHAT WE HAVE NOW. 
          BUT INSTEAD OF US SENDING THE MONEY TO THE ARBOR FOUNDATION, THEM PAYING THE ARTISTS, WE'RE PAYING THE ARTISTS DIRECTLY AND THEN WE'RE TAKING ON THAT RESPONSIBILITY. 
          RIGHT NOW, THE ARBOR FOUNDATION IS SUPPOSED TO BE GOING OUT THERE AND GETTING THE COMMUNITY INPUT. 
          WE'RE SAYING WE'LL TAKE THAT ON. 
          AND THE ARBOR FOUNDATION'S WITH US WORKING VERY CLOSELY WITH THE PARTS DEPARTMENT AS WE'RE SELECTING THE ART. 
          SO I WOULD JUST SAY, AS WE GO BACK AND THINK ABOUT IT, THE PROCESS WE LET OUT WAS, WAS INTENDED TO BE THAT KIND OF A, A VARIANT OF WHAT WE'RE DOING, NOT TO BE SOME DRASTIC CHANGE. 
          AND THAT WAS INTENTIONAL. 
          SO I UNDERSTAND THAT NOT EVERYONE FEELS THAT WAY, BUT THAT WAS INTENTIONAL THE WAY THAT WE LAID IT OUT. 
          SO I WOULD JUST ASK YOU TO TAKE ANOTHER LOOK AT THAT. 
          WE'LL COME BACK, WE CAN TALK ABOUT IT MORE AND LAY OUT OTHER OPTIONS, BUT I THINK IT'S IMPORTANT TO NOTE THAT WE WERE VERY COGNIZANT OF THAT AS WE LAID THIS WORK SESSION. 
          THANK YOU, DAVID. 
          I AM WOULD LIKE TO SAY ON THE PROPOSED DIRECTION ON THAT LAST SLIDE, IT REALLY DOESN'T REFLECT THAT THAT MUCH. 
          IT LOOKS LIKE, UH, A, A F HAS BEEN COMPLETELY PULLED OUT OF EVERYTHING EXCEPT FOR ONE PART. 
          AND I THINK MAYBE IT'S LOST IN THE TRANSLATION, POSSIBLY, RIGHT? AND THIS IS JUST THE, WHAT WAS THE CHANGES TO THE POLICY WOULD BE, BUT REALLY AS WE TALKED ABOUT EARLIER, RIGHT NOW IT'S, WE'RE REALLY TALKING, WE'RE TRYING TO CHANGE WHAT WE'RE DOING. 
          'CAUSE WHAT WE'RE DOING RIGHT NOW DOESN'T TRULY ALIGN WITH THE POLICY. 
          SO IF YOU GO TO THE PREVIOUS SLIDE WHERE YOU SEE THAT ARROW, THAT'S REALLY WHAT WE'RE TALKING ABOUT AS FAR AS PROCESS. 
          BUT WE CAN BRING THIS BACK AND DIG INTO IT MORE. 
          ABSOLUTELY. 
          OKAY. 
          ANYTHING ELSE ON THIS? THANK YOU. 
          THANK YOU. 
          THANK YOU, JAMES. 
          ALRIGHT, SO, UH, IN THE INTEREST OF TIME, UH, ITEM FOUR D FOUR D IS A, BASICALLY A BUDGET ITEM. 
          WE'RE GONNA POSTPONE THAT TO THE, UH, BUDGET WORKSHOP THAT'S COMING UP. 
          AND THAT ITEM FOUR E WE'RE GOING TO, UH, WE'LL ADDRESS THAT AT AFTER OUR REGULAR MEETING HERE, UH, IN A LITTLE WHILE. 
          SO, UH, LET'S TAKE FIVE MINUTES AND THEN WE'LL RE CONVENE. 
          [02:10:26]
AND FINALLY, IF YOU WANNA LEARN 
          [a.  City Manager's Announcements]
MORE ABOUT THE PROGRESS OF THE SILVER LINE, DON'T MISS DART'S BIANNUAL SILVER LINE UPDATE ON WEDNESDAY, JULY 31ST AT 6:00 PM HERE AT THE CONFERENCE CENTER. 
          THAT'S ALL THE ANNOUNCEMENTS. 
          NEXT ON TO 
          [b.  Employee Recognition]
OUR EMPLOYEE RECOGNITION. 
          WE HAVE A, THIS IS A REALLY EXCITING ONE. 
          I'M GONNA ASK, UH, CHIEF FREEZE TO COME UP TO INTRODUCE TJ GIVING EVENING MAYOR AND COUNSEL, CHRIS FREEZE, UH, POLICE CHIEF FOR THE TOWN OF ADDISON. 
          IT'S MY PLEASURE TO INTRODUCE ASSISTANT POLICE CHIEF TJ METZER. 
          TJ IS A DEDICATED AND EXEMPLARY MEMBER OF THE ADDISON POLICE DEPARTMENT. 
          HE BEGAN HIS JOURNEY WITH THE TOWN IN AUGUST, 2012 WHEN HE JOINED AS A POLICE OFFICER. 
          RECENTLY, HE'S ACHIEVED A SIGNIFICANT MILESTONE BY BEING PROMOTED TO THE RANK OF ASSISTANT CHIEF OF POLICE, A ROLE IN WHICH HE CONTINUES TO SERVE WITH DEDICATION. 
          TJ'S FROM PLANO, BRINGING A STRONG CONNECTION TO THE LOCAL COMMUNITY. 
          HE GRADUATED FROM PLANO HIGH SCHOOL AND FURTHERED HIS, HIS EDUCATION AT UNIVERSITY OF NORTH TEXAS. 
          THERE HE UNDER BACHELOR'S DEGREE IN EMERGENCY MANAGEMENT AND POLITICAL SCIENCE, FOLLOWED BY MASTER'S DEGREE IN PUBLIC ADMINISTRATION. 
          HIS ACADEMIC BACKGROUND HAS PROVIDED A STRONG FOUNDATION FOR HIS CAREER IN LAW ENFORCEMENT. 
          FROM A YOUNG AGE, TJ ASPIRED TO BECOME A POLICE OFFICER IN A COMMUNITY CLOSE TO HIS HOME. 
          AFTER EXPLOITING OPPORTUNITIES IN VARIOUS CITIES, HE FOUND ADDISON TO BE EXCEPTIONALLY WELCOMING, INSPIRED BY THE TOWN'S WARM WELCOME AND COMMUNITY SPIRIT, HE IMMEDIATELY APPLIED FOR A ROLE OF POLICE OFFICER. 
          INTRIGUING PERSONAL GOAL OF TJS IS TO VISIT ALL 50 STATE CAPITOLS. 
          HE'S REMARKABLY CLOSE, HAVING VISITED 42 SO FAR THROUGHOUT HIS TENURE, TJ IS PROUD OF DRIVING NUMEROUS LARGE SCALE PROJECTS WITHIN THE DEPARTMENT. 
          THESE IN INITIATIVES HAVE SIGNIFICANTLY ENHANCED THE SAFETY AND DEFICIENCY OF ADDISON'S POLICE OFFICERS SHOWCASING HIS COMMITMENT TO IMPROVING OUR COMMUNITY'S LAW ENFORCEMENT OPERATIONS. 
          FOR TJ, EMBODYING THE ADDISON WAY MEANS GOING ABOVE AND BEYOND TO SERVE BOTH OUR CITIZENS AND ADDISON EMPLOYEES. 
          HIS DEDICATION AND PASSION FOR PUBLIC SERVICE IS TRULY INSPIRING AND WE'RE FORTUNATE TO HAVE HIM AS A LEADER. 
          PLEASE WELCOME, WELCOME ME IN RECOGNIZING ASSISTANT CHIEF POLICE, ASSISTANT POLICE CHIEF TJ SPENCER. 
          YEAH, AND I WAS JUST BEFORE YOU GO OFF TJ UH, , BECAUSE THAT'S HOW TJ IS. 
          HE, HE DOESN'T LIKE THE SPOTLIGHT SHINED ON HIM LIKE THAT. 
          BUT, UH, THANK YOU FOR YOUR SERVICE TO ADDISON. 
          YOU, UH, YOU DO SET THE STANDARD FOR, UH, FOR BEING THE VERY BEST AND BEING ONE OF ADDISON'S FINEST. 
          SO THANK YOU FOR YOUR SERVICE AND, AND WITH YOU AND, AND, AND, UH, ASSISTANT CHIEF MIKE VINCENT, UH, WITH, WITH CHIEF FREEZE, WHAT A LEADERSHIP TEAM WE HAVE. 
          SO I'M REALLY, REALLY PROUD TO KNOW ALL OF YOU AND, AND CONSIDER ALL OF YOUR FRIENDS. 
          SO THANK YOU SO MUCH FOR YOUR SERVICE TO ADDISON. 
          OKAY, WITH THAT, 
          [3. 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.]
WE WILL MOVE ON TO ITEM THREE, WHICH IS PUBLIC COMMENT. 
          THIS IS AN OPPORTUNITY FOR FOLKS IN THE PUBLIC TO ADDRESS THE COUNCIL FOR UP TO THREE MINUTES ON AN ITEM THAT'S EITHER ON THE AGENDA OR NOT ON THE AGENDA. 
          AND, UH, IF YOU HAVE NOT FILLED OUT AN APPEARANCE CARD, YOU CAN DO THAT. 
          OTHERWISE, I'LL CALL YOU UP. 
          BUT I DO HAVE ONE, UH, APPEARANCE CARD FOR THIS PUBLIC COMMENT SECTION, AND THAT'S FROM AL CHAFFEY. 
          SO AL, DID YOU WANNA COME FORWARD FOR THIS? AND WHEN YOU GET UP HERE, IF YOU WOULD PLEASE GIVE US YOUR NAME AND ADDRESS FOR THE RECORD. 
          GOOD EVENING EVERYONE. 
          MY NAME IS AL CHAFFEY. 
          I AM A RESIDENT OF TOWN LAKE. 
          I'M AT 1 4 8 6 7 TOWN LAKE CIRCLE. 
          I'M HERE TO SPEAK ON BEHALF OF THE AGENDA ITEM ON APPROVING THE DEVELOPMENT OR THE REDEVELOPMENT OF THE PROPERTY BY AMIE DIRECTLY ACROSS THE WALL FROM TOWN LAKE CIRCLE. 
          I, UH, AM IN FULL SUPPORT OF THIS. 
          THAT PROPERTY DOES NEED TO BE REDEVELOPED FOR A NUMBER OF REASONS THAT I'LL GET TO IN A MOMENT. 
          UM, IT IS A DESIRABLE PROJECT. 
          IT WOULD BE ECONOMICALLY BENEFICIAL TO THE TOWN, AND I BELIEVE IT IS IN KEEPING WITH THE ADDISON WAY. 
          WHAT I'D LIKE TO ADD ONTO THIS, HOWEVER, IS THAT I'M, I'M VERY LUCKY IN THAT MY, MY TOWN HOME IS LOCATED WHERE I DO NOT HEAR THE EXCESSIVE AMOUNT OF NOISE THAT IS COMING FROM, UM, THE PROPERTY AS IT IS TODAY, AND THE DISRUPTION THAT THAT CAUSES. 
          I HEAR THE COMPLAINTS OF MY NEIGHBORS, I UNDERSTAND THEM, I FEEL FOR THEM. 
          UM, IT IS, IT IS VERY REAL. 
          AND I WOULD IMPLORE THIS BODY TO TAKE THIS ISSUE A LITTLE BIT MORE SERIOUSLY. 
          MAYBE YOU'RE NOT, MAYBE IT'S 
          [02:15:01]
NOT VISIBLE, MAYBE YOU'RE NOT AWARE OF IT, BUT IT IS BECOMING MORE AND MORE OF A PROBLEM. 
          ONE OF MY NEIGHBORS WAS JUST RELATING A STORY TO ME. 
          I'M SURE SHE'LL RELATE IT TO YOU. 
          AND, AND I WOULD ASK THIS BODY TO TAKE A LITTLE BIT MORE DECISIVE STEPS TO THE EXTENT THAT YOU CAN TAKE THEM. 
          UM, THERE'S GOTTA BE SOME WAY, MAYBE, I DON'T KNOW IF IT'S ADDITIONAL POLICE PRESENCE OR IF IT IS. 
          AND I, I HATE TO WEAPONIZE THE GOVERNMENT BECAUSE WE'VE GOT THAT GOING ON RIGHT NOW. 
          AND I DON'T MEAN TO SU TO SUGGEST THAT, BUT THERE IS A PROBLEM HERE THAT IS AFFECTING ONE OF OUR COMMUNITIES. 
          AND I WOULD ASK YOU TO TAKE A CLOSER LOOK AT THIS. 
          THANK YOU. 
          THANK YOU AL AND AL, WE HAD YOU FOR, FOR FOR FIVE A ALSO, IS THIS FOR THE FIVE A ITEM? I MAY HAVE WRITTEN THE WRONG ONE DOWN. 
          , YOU, YOU ACTUALLY MARKED BOTH, SO I THOUGHT YOU MIGHT HAVE WANTED TO DO BOTH. 
          YEAH, THE FIVE, IT, IT WAS, IT WAS THE AM REDEVELOPMENT AND THEN THE REASON, ONE OF THE REASONS WHY I'M IN SUPPORT OF IT IS BECAUSE THERE IS A, THERE IS A NOISE NUISANCE PROBLEM GOING ON HERE THAT I REALLY WOULD IMPLORE THIS BODY TO TAKE A CALL. 
          OKAY, VERY GOOD. 
          THEN I WILL NOT CALL YOU AT WHEN WE HAVE FIVE A THEN. 
          NO, I'M DONE. 
          THANK YOU. 
          ALRIGHT, THANK YOU VERY MUCH. 
          ALRIGHT, IS THERE, ARE THERE ANY OTHERS THAT WOULD LIKE TO SPEAK DURING THE UH, PUBLIC COMMENT SECTION? YES, MR. CHAO. 
          GOOD EVENING MAYOR. 
          HOW ARE YOU? YES, I'M UH, RUNNING A LITTLE LATE BECAUSE I'M RUNNING FOR MY BUSINESS MAYOR AND THE COUNCIL, YOU KNOW, NICE TO BE BACK HERE. 
          COULD YOU GIVE US YOUR NAME AND ADDRESS PLEASE? SO THE SECOND TIME I SPOKE, I SPEAK IN PUBLIC LIKE THIS. 
          I CAME IN IS SUPPORTING THE  PROJECT. 
          I KNOW IT'S NOT A FIVE ITEM FIVE YET, BUT SINCE I NEED TO GO BACK, SO LET ME JUST POINT THIS OUT BACK TO THE FIRST TIME I WAS MAYOR IN 2005 AND THE FORMER MA UH, CITY COUNCIL, I MEAN CITY MANAGER RON WHITEHEAD. 
          AND, AND I, WE HAD LENGTHY CONVERSATION ABOUT THE SHOPPING CENTER ITSELF OVER MY KITCHEN PROPERTY. 
          BUT BACK THEN THEY DIDN'T WANNA SPEND MUCH MONEY TO RENOVATE IT. 
          AS SO MANY YEARS, ALMOST 20 YEARS COMING DOWN, YOU ARE PASSING BY, YOU CAN SEE THE PARKING LOT IS NOT FLAT ENOUGH. 
          IT'S NOT REALLY IDEAL DRIVING ON IT AND THE PLACE WE RECEIVE ALL THE PHONE CALLS ALL THIS MANY YEARS TO COMPLAIN ABOUT THE NOISE OF THE RESTAURANT, YOU KNOW, STONE TRAIL AND A LOT OF RESTAURANT IN THE PAST. 
          A LOT OF PEOPLE STAY HANGING OUT LATE IN THE PARKING LOT UNTIL TWO, THREE O'CLOCK. 
          SO THE NEIGHBOR IN THE TONGUE, LAKE TONGUE GREEN, THEY COMPLAIN SO MUCH. 
          IT'S A FACT. 
          SO AS A REALTOR MYSELF ALSO, I CAN TELL YOU EVERYTHING IS TIMING. 
          YOU GOT THE RIGHT SELLER AT THE RIGHT BUYER AT THE RIGHT TIMING. 
          SO I THINK THAT WE NEED TO GRAB THE GREAT OPPORTUNITY TO KEEP THIS. 
          I STAY AT THE EMILY APARTMENT FOR THREE AND A HALF YEARS. 
          IT WAS A WONDERFUL AMENITY IN THE FACILITY. 
          I ENJOY SO MUCH. 
          IT'S A HIGH QUALITY DEVELOPMENT AND I HIGHLY RECOMMEND THIS IS THE BEST TIME AND IT AND THE QUALITY WITH THIS QUALITY PROJECT. 
          AND UH, TAYLOR BOWEN IS ON TOP OF THIS. 
          HE IS A BUSINESS OWNER IN ADDISON FOR SO MANY YEARS AND I HIGHLY SUPPORT THIS. 
          I BELIEVE THE NEIGHBOR LIVE NEARBY WILL ENJOY THE FACILITY. 
          THEY HAVE SUCH A HUGE PARK AS A BUFFER AND THE TRAIL ALL THE WAY. 
          AND THEN YOU GOT TOWN HOMES, YOU KNOW, NEARBY TOWN, LAKE T GREEN, THEN YOU HAVE RENTAL TOWN HOMES, THEN YOU HAVE APARTMENT BY MIDWAY ROAD. 
          SO IT'S GREAT, YOU KNOW, YOU SAVE SOME RESTAURANT SPACE FOR RETAIL, IT'S SO IDEAL. 
          BESIDES IT'S MORE THAN $200 MILLION PROJECT, IT'LL GENERATE SO MUCH REVENUE AND TAX REVENUE FOR THE CITY IN A WAY WE CAN USE FOR THE PUBLIC OR THE CITIZENS. 
          AND THEY CAN STILL ENJOY ALL THE GREAT PERKS WE PROVIDE, ESPECIALLY EDISON AS A CLUB. 
          SO WITHOUT FURTHER ADO, I HIGHLY RECOMMEND ALL THE COUNCIL SUPPORT THIS PROJECT AND INCLUDING EVERYONE. 
          ALRIGHT, THANK YOU SO MUCH AND I NEED TO GO BACK AND RUN FOR MY BUSINESS. 
          . 
          BYE-BYE. 
          THANK YOU. 
          THANK YOU JOE. 
          HAVE A GOOD EVENING. 
          THANKS FOR COMING. 
          ARE THERE ANY OTHERS THAT WOULD LIKE TO SPEAK DURING THIS PUBLIC COMMENTS SECTION? YES, PLEASE COME FORWARD. 
          ALRIGHT. 
          NAME AND ADDRESS PLEASE. 
          OKAY. 
          MY NAME IS JOE PEDROZA. 
          MY ADDRESS IS 15 7 87 SPECTRUM DRIVE. 
          MAYOR COUNCIL MEMBERS, THANK YOU FOR ALLOWING ME TO PRESENT MY VIEWS AND POSITION ON THE REZONING THE PROPERTY LOCATED ON SOUTHWEST CORNER OF MIDWAY AND BELTWAY DRIVE. 
          I'VE BEEN IN THE BACKGROUND LISTENING TO RESIDENTS WHO ARE FOR AND AGAINST THE 
          [02:20:01]
PROPOSED DEVELOPMENT AND I WOULD LIKE TO ADD MY VOICE OF THE CONVERSATION. 
          BUT TO DO THAT I FELT I NEEDED TO DO SOME RESEARCH IN THE PAST WEEKEND. 
          I SPENT TIME TO DRIVE AROUND AND WALK AROUND WITH A LONG TIME HOMEOWNER WHO'S BEEN ACTIVE WITH THE CITY FOR 30 PLUS YEARS. 
          I WANTED TO UNDERSTAND THE IMPACT TO HOMEOWNERS WHO ARE DIRECTLY AFFECTED BY THE CHAINS THAT IS PROPOSED IN THEIR OWN BACKYARDS. 
          THE DRIVE AROUND INCLUDED BOTH DAYTIME AND VERY LATE NIGHT MIDNIGHT. 
          I REVIEWED AERIAL PHOTOS OF THIS LOCATION FOR SEVEN DIFFERENT YEARS, SPANNING FROM 1958 TO 19 TO 2020 TO UNDERSTAND THE ORIGIN OF OUR TREES. 
          AND LASTLY, I REVIEWED THE SITE PLANS IN DETAIL TO UNDERSTAND WHAT WAS BEING BUILT OUT. 
          AND HERE'S WHAT I FOUND ONE, AND YOU'VE HEARD THIS BEFORE IN THE PAST SPEAKERS HERE, THE PROPERTY IS OUTDATED. 
          THE LANDSCAPE IS POORLY MAINTAINED TO USE A QUOTE FROM THE TOWN LAKE HOMEOWNERS, THE PROPERTY IS BEYOND ITS LOOSE, USEFUL LIFE AND IN DIRE NEED OF REDEVELOPMENT. 
          TWO, THE TREES DON'T MEET THE CRITERIA OF HERITAGE. 
          SINCE THE LOCATION CONTAINED NO TREES IN 1979 UNTIL 1970, THE CITY WAS PRIMARILY CO UH, PRIMARILY PRAIRIE AND COTTON FIELDS WITH VERY FEW TREES. 
          AND I GOT THAT FROM THE HISTORY BOOK, EDISON HISTORY BOOK. 
          UH, THE CURRENT TREES WERE PLANTED BY DEVELOPERS OF THE 1990, UH, NINETIES AND THREE HOMEOWNERS HAVE TO ENDURE THE LATE NIGHT NOISE FROM TWO NIGHTCLUBS EVERY WEEKEND. 
          ON THE POSITIVE SIDE, HOMEOWNERS BACKING UP TO THE DEVELOPMENT AND THE PUBLIC IN GENERAL WILL HAVE ACCESS TO A NEWLY BUILT WALKING PARK. 
          HOMEOWNERS PROPERTY VALUES WILL INCREASE WITH THE NEWLY BUILT TOWN HOMES DIRECTLY ACROSS THE WALKING PARK. 
          NEW AND BETTER MANAGED LANDSCAPING WILL BE IMPLEMENTED. 
          INCOME FROM THE PROPERTY TAXES WILL INCREASE TREMENDOUSLY, WHICH IN TURN CONTRIBUTES TO CITY IMPROVEMENTS AND SERVICES. 
          ULTIMATELY, I CONCLUDED THE PROPOSED DEVELOPMENT IS IN THE BEST INTEREST FOR CONTINUED REDEVELOPMENT IN ADDISON, AND THEREFORE I SUPPORT AM'S PROPOSED PLAN FOR THIS PROPERTY AND ASK THE CITY COUNCIL TO APPROVE THE REZONING REQUEST. 
          I THANK YOU FOR YOUR TIME. 
          THANK YOU JOE. 
          AND I HAD A CARD FOR YOU FOR ITEM FIVE A, SO I WILL NOT CALL YOU AT FIVE A, IS THAT CORRECT? THANK YOU VERY MUCH. 
          ALRIGHT, ANYBODY ELSE THAT WOULD LIKE TO SPEAK DURING THIS PUBLIC, UH, COMMENT SECTION AND THEN THEY'RE SEEING NO ONE ELSE. 
          I WILL GO AHEAD AND CLOSE THAT AND WE'LL MOVE ON TO 
          [4. 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.]
ITEM NUMBER FOUR, WHICH IS THE CONSENT AGENDA, WHICH INCLUDES ITEMS FOUR A, FOUR B, AND FOUR C. 
          IS THERE A MOTION MOVE TO APPROVE? SECOND NANCY AND NANCY AND MARLON, THANK YOU VERY MUCH. 
          ANY DISCUSSION? ALL IN FAVOR? AYE. 
          AYE. 
          AYE. 
          ANY OPPOSED? ALRIGHT, THE CONSENT AGENDA IS APPROVED. 
          NOW 
          [a.  Hold a public hearing, present, discuss, and consider action on a request to rezone a 8.02± acre property generally located at the southwest corner of Midway Road and Beltway Drive from Planned Development (PD) to a new Planned Development (PD) district to allow for a development comprised of retail and restaurant uses, 166 multifamily dwelling units, 26 townhome fee simple lots, 16 townhome rental dwelling units, and associated public and private open space and common areas, through the approval of development plans and standards. Case 1911-Z/AMLI Treehouse, Phase II. ]
WE'LL MOVE ON TO ITEM NUMBER FIVE AND FIVE A IS HOLD A PUBLIC HEARING PRESENT, DISCUSS AND CONSIDER ACTION ON A REQUEST TO REZONE AN 8.02 ACRE PROPERTY. 
          GENERALLY LOCATED AT THE SOUTHWEST CORNER OF MIDWAY ROAD ON BELTWAY DRIVE FROM PLAN DEVELOPMENT PD TO A NEW PLAN DEVELOPMENT PD DISTRICT TO ALLOW FOR DEVELOPMENT COMPRISED OF RETAIL AND RESTAURANT USES. 
          166 MULTIFAMILY DWELLING UNITS, 26 TOWN HOME FEAST, SIMPLE LOTS, 16 TOWN HOME RENTAL DWELLING UNITS AND ASSOCIATED PUBLIC AND PRIVATE OPEN SPACE AND COMMON AREAS THROUGH THE APPROVAL OF DEVELOPMENT PLANS AND STANDARDS CASE 1911 DASH Z SLASH AMLI TREEHOUSE PHASE TWO, LESLIE. 
          GOOD EVENING. 
          LESLIE NI, DIRECTOR OF DEVELOPMENT NEIGHBORHOOD SERVICES. 
          UH, THE SUBJECT PROPERTY IS LOCATED AT THE SOUTHWEST CORNER OF MIDWAY ROAD AND BELTWAY DRIVE. 
          UH, THIS IS THE CURRENT, UH, MIDWAY SQUARE SHOPPING CENTER. 
          IT'S JUST OVER EIGHT ACRES IN SIZE AND, UH, CURRENTLY IS DEVELOPED WITH FOUR ONE AND TWO STORY, UH, RETAIL AND PERSONAL SERVICE OFFICE STRUCTURES, UM, AND A SURFACE PARKING LOT. 
          UH, THIS REQUEST THIS EVENING COMES FROM YOU, UH, FROM ALEY RESIDENTIAL. 
          UH, THEY'RE THE DEVELOPER PROPOSED TO, UH, REDEVELOP THE SITE AND THEY'RE BRINGING FORWARD A REZONING PROPOSAL TO A NEW PLAN DEVELOPMENT DISTRICT, UH, WITH IDENTIFIED, UH, DEVELOPMENT PLANS AND DEVELOPMENT STANDARDS, WHICH INCLUDES, UH, MULTIFAMILY RESIDENTIAL FEE SIMPLE AND RENTAL TOWN HOMES, UH, RETAIL AND RESTAURANT USES, AS WELL AS ASSOCIATED PUBLIC AND PRIVATE OPEN SPACE AND COMMON AREAS. 
          UH, THIS SITE, UH, WAS REZONED TO ITS CURRENT PD IN 1979. 
          THAT'S PLAN DEVELOPMENT ORDINANCE NUMBER 4 77. 
          UH, IT WAS LATER AMENDED IN 1983. 
          AND, UH, THE EXISTING CENTER WAS CONSTRUCTED IN SEVERAL PHASES THROUGHOUT THE 1980S AND NINETIES, UM, TO WHAT YOU SEE TODAY. 
          UM, AS I MENTIONED THIS, UM, PROPOSAL THIS EVENING WOULD REZONE THE ENTIRE SITE, UM, TO A NEW MIXED USE HORIZONTAL MIXED 
          [02:25:01]
USE DEVELOPMENT. 
          THE PROPOSED DEVELOPMENT PLAN IS A MULTI-PHASED PLAN, UM, ON THE ENTIRE EIGHT ACRE PROPERTY. 
          IT INCLUDES, UH, FOUR STORY STACKED FLAT MULTI-FAMILY STRUCTURES. 
          THERE'S THREE STRUCTURES, UH, WITH 166 UNITS AMONG THOSE THREE STRUCTURES, THOSE FRONT, UH, ONTO MIDWAY ROAD OR ON THE FAR EAST SIDE OF THE SITE. 
          UM, THEN THERE IS ALSO IN THE HARD CORNER, UM, ON THE, THE NORTH, UH, NORTHEAST CORNER OF THE SITE IS 12,500 SQUARE FEET OF, UH, SPEC RETAIL RESTAURANT SPACE. 
          THERE IS A PROPOSED OUTDOOR PATIO SPACE IN THE CENTER OF THOSE TWO AREAS. 
          UH, THE RETAIL IS PROPOSED, UH, CONCEPTUALLY AT THIS STAGE IS THERE'S NOT DEFINED TENANTS. 
          HOWEVER, ONCE THOSE ARE DEFINED IN THE FUTURE, IF THIS ITEM'S APPROVED, UM, THE DEVELOPER WILL COME BACK FORWARD TO COUNSEL FOR APPROVAL OF, UH, FINAL DEVELOPMENT PLANS FOR THAT RETAIL COMPONENT. 
          SO THAT WOULD INCLUDE THE FLOOR PLANS, THE FACADE PLANS, UH, ET CETERA. 
          THE OTHER COMPONENTS, UH, MOVING TOWARDS THE WEST SIDE OF THE SITE INCLUDE, UH, 16 RENTAL THREE STORY RENTAL TOWN HOMES AS WELL AS 26 3 STORY FEE, SIMPLE TOWN HOMES AS WELL. 
          ON THE UM, FAR WEST PROPERTY LINE, THERE IS THE 0.7 ACRE PUBLIC PARKLAND TO BE DEDICATED TO THE TOWN. 
          UH, THIS INCLUDES THE TRAIL CONNECTION AND OTHER PEDESTRIAN AMENITIES AND INCLUDING, UM, PUBLIC ART AS WELL. 
          ADDITIONALLY, THE REMAINDER OF THE REMAINDER OF THE SITE PROVIDES 1.27 ACRES OF PRIVATE LANDSCAPE AREA. 
          UH, MOST NOTABLY THE LINEAR PARK, WHICH IS THE, UM, PRIVATE PEDESTRIAN CONNECTION THAT RUNS EAST TO WEST, GENERALLY LOCATED IN THE CENTER OF THE PROJECT AND THROUGHOUT THE SITE IS 384 PARKING SPACES, UM, BOTH COVERED AND UNCOVERED SURFACE PARKING AS WELL AS GARAGE PARKING AS WELL. 
          AS I MENTIONED, THIS PROJECT IS PROPOSED TO BE CONSTRUCTED IN PHASES. 
          SO THERE ARE THREE PHASES IDENTIFIED. 
          UH, PHASE ONE WILL INCLUDE, UM, ALL OF THE PUBLIC AND PRIVATE INFRASTRUCTURE FOR THE PROJECT, AS WELL AS THE PUBLIC PARK TRAIL AND OTHER PEDESTRIAN AMENITIES, UH, IDENTIFIED ON THE PLAN. 
          THIS PHASE ONE WILL ALSO, UH, CONCLUDE THE 166 MULTIFAMILY UNITS ACROSS THE THREE BUILDINGS AND THE 16 RENTAL TOWN HOMES. 
          PHASE TWO WILL BE THE, UH, 12,500 SQUARE FOOT OF RETAIL IN THE UH, NORTH CORNER. 
          AND THEN PHASE THREE WILL BE THE 26 FEE SIMPLE TOWN HOMES. 
          UH, THE DEVELOPER, UM, IS PROPOSING TO CONSTRUCT THE INFRASTRUCTURE FOR THOSE TOWN HOMES. 
          HOWEVER, THEY WILL PARTNER WITH, UM, A TOWN HOME DEVELOPER TO CONSTRUCT THOSE TOWN HOMES FOR THAT PHASE. 
          FOR THE PARKING ON SITE, AS I MENTIONED, THERE ARE 384 PARKING SPACES PROPOSED. 
          UM, ALL OF THE TOWN HOMES, BOTH RENTAL AND FEE SIMPLE. 
          WE'LL PROVIDE, UH, GARAGES ON THE, UH, FIRST FLOOR OF THOSE, UH, TOWN HOMES. 
          IN ADDITION TO THAT, THERE WILL BE EIGHT DETACHED GARAGES AS WELL AS TUCK UNDER GARAGES PROVIDED IN THE STACK FLACK BUILDINGS AS WELL. 
          UM, THEN THROUGH THROUGHOUT THE REMAINDER OF THE SITE IS, UH, SURFACE PARKING, WHICH WILL, UM, PROVIDE PARKING FOR THE RETAIL, UM, MULTIFAMILY AS WELL AS VISITOR PARKING REQUIREMENTS FOR THE TOWN HOME UNITS. 
          THE SITE IS PARKED IN EXCESS OF THE MINIMUM REQUIREMENTS BY SEVEN SPACES ON SITE, UH, FOR THE LANDSCAPING. 
          UH, MENTIONED INITIALLY THE DEVELOPER IS PROPOSING TO DEDICATE 0.7 ACRES, UH, FOR THE TRAIL. 
          THIS IS THE LAST REMAINING TRAIL CONNECTION NEEDED TO CONNECT THE REDDING TRAIL DOG PARK NORTH TO BELTWAY DRIVE, UH, THAT IS CURRENTLY, UM, BEING DEVELOPED RIGHT NOW WITH THE AMWAY TREEHOUSE, PHASE ONE TO THE SOUTH AND THE ADDISON RESERVE TOWN HOME PROJECT TO THE NORTH AS WELL. 
          UH, THIS WILL FULFILL THE IMPLEMENTATION OF THE, UH, MASTER TRAIL PLAN. 
          THEN THE OTHER AMENITIES PROVIDED ON SITE WILL INCLUDE A POOL, A FITNESS CENTER, A CLUBHOUSE, THE LINEAR PARK, AND, UH, PUBLIC ART AS WELL FOR THE FACADE DESIGN. 
          UH, THIS IS THE, UH, MULTIFAMILY FACADES. 
          THEY ARE PROPOSED TO BE FOUR STORIES IN HEIGHT, GENERALLY 48 FEET IN HEIGHT AT THE MAX. 
          UH, THERE WILL BE, UH, ENHANCED, UH, ARCHITECTURAL FEATURE AT THE CORNER OF THESE BUILDINGS, WHICH WILL ACHIEVE 54 FEET IN HEIGHT. 
          UM, THEY WILL REACH A 90% MASONRY, PRIMARILY, UH, BRICK ON ALL OF THE FACADES AND THE GROUND FLOOR UNITS WILL HAVE, UH, EXTERIOR ENTRY TO THE PARKING AREA AND OR 
          [02:30:01]
SMALL PATIO, UM, AREAS AS WELL. 
          THERE ARE RECESS BALCONIES THROUGHOUT THE FACADE, UH, TO PROVIDE, UM, ARTICULATION FOR OF THE FACADE FOR THE TOWN HOMES, BOTH FEE SIMPLE AND, UH, RENTAL TOWN HOMES. 
          THOSE ARE THREE STORIES IN HEIGHT. 
          38, UM, FEET TALL. 
          THESE WILL BE CONSTRUCTED WITH 90% MASONRY AS WELL, PRIMARILY BRICK, EXCUSE ME. 
          UM, THE WE'LL HAVE SMALL, WELL THEY ALL HAVE ACCESS THROUGH THE GROUND FLOOR, UM, AS WELL AS THE FEE SAMPLE WILL HAVE SMALL, PRIVATE, UM, LAWNS OUT FRONT AND THOSE WILL FACE TOWARDS THE, UH, TRAIL AS WELL. 
          ADDITIONALLY, UH, WHEN LOOKING AT PRIVACY, THE BALCONIES YOU'LL NOTICE, UH, FOR THE FEE SAMPLE ARE ON THE BACK OF THE UNIT SO THEY DON'T, DON'T FACE OVER ONTO THE TOWN LAKE PROPERTY, WHICH IS ADJACENT, UH, TO THE WEST OF THIS PROPERTY. 
          UM, THEN YOU HAVE THE FEE, SIMPLE, EXCUSE ME, THE RENTAL ON THE BOTTOM, UM, ELEVATION HERE THAT SHOWS THE BALCONIES FACING TOWARDS THE WEST TOWARDS THE FEE SIMPLE TOWN HOMES. 
          THE, UM, ARTICULATION IS ACHIEVED ON THE FACADES OF THESE THROUGH A COMBINATION OF DIFFERENT MATERIALS USED AS WELL AS BALCONIES AND CANOPIES. 
          THE UNIT SPLIT ON THE SITE INCLUDES A HUNDRED AND THIRTY TWO ONE BEDROOM UNITS AND 34 2 BEDROOM UNITS IN THE MULTIFAMILY. 
          UM, AND THEN THERE'LL BE THE 16, UH, RENTAL TOWN HOMES AND 26 V SIMPLE TOWN HOMES. 
          FOR THE MULTIFAMILY UNITS, THERE'LL BE AN AVERAGE UNIT SIZE OF JUST UNDER 840 SQUARE FEET, AND THEN THE TOWN HOMES WILL BE APPROXIMATELY 2200 SQUARE FEET FOR AVERAGE SIZE. 
          SOME ADDITIONAL, UM, AMENITIES TO THE PROJECT THAT THE, UH, APPLICANT HAS PROPOSED INCLUDES REACHING A LEAD SILVER, UM, FOR THE MULTIFAMILY COMPONENTS AS SUSTAINABILITY IS, IS IMPORTANT TO THE APPLICANT. 
          UH, THEY'RE ALSO PROPOSING, UH, HIGH QUALITY FINISHES INCLUDING, UM, STONE COUNTERTOPS AND ENERGY EFFICIENT APPLIANCES INSIDE THE UNITS. 
          UH, THEY'RE PRO COMMITTED TO PROVIDING RECYCLING SERVICES AND A MINIMUM OF 15 EV OR ELECTRIC VEHICLE CHARGING STATIONS. 
          THEY HAVE ALSO REQUESTED TO IMPROVE THE EXISTING BUS TRANSIT STOP ALL ALONG MIDWAY, UH, TO BE CONSISTENT WITH THE TOWN STANDARDS TO FURTHER ENHANCE THE FACADE. 
          WHEN REVIEWING THIS PROJECT, STAFF DID LOOK AT THE TOWN'S, UH, VARIOUS LONG RANGE, UM, PLANNING POLICIES, UM, BEGINNING WITH THE 2013 COMPREHENSIVE PLAN. 
          THIS SITE WAS CALLED OUT IN THE 2013 COMPREHENSIVE PLAN AS IDENTIFIED IT THAT ITS CURRENT USE WAS NOT THE HIGHEST AND BEST USE OF THAT PROPERTY AND THAT IT WAS VERY CHALLENGED BECAUSE IT WAS TRYING TO COMPETE WITH THE EXISTING RETAIL ON BELTLINE AND IT ACKNOWLEDGED THAT IT WAS CONTINUING TO DECLINE AND NOTED POSSIBLE, UH, FUTURE USE AS A MIXED USE PROJECT INCLUDING TOWN HOMES AS WELL, BOTH OF WHICH THIS PROPOSED PROJECT THIS EVENING DOES. 
          IT ALSO HIGHLIGHTED THAT THIS AREA, WHICH AT THAT TIME OR AND STILL IS KNOWN AS THE SAM'S CLUB AREA NEEDED FURTHER EVALUATION AND TO ACHIEVE THAT, THE MIDWAY SOUTH SPECIAL AREA STUDY WAS COMPLETED IN 2022. 
          WITH THAT PROJECT, UM, IT REALLY EVALUATED DESIGN CHARACTER AND FOCUSED ON RESPECTING THE ADJACENT RESIDENTIAL NEIGHBORHOODS AS OPPOSED TO SETTING FIRM AND DEFINED, UM, CRITERIA FOR THE PROJECT. 
          IT REALLY WANTED TO ENCOURAGE, UM, THE BEST PROJECTS AND ENCOURAGE HIGH QUALITY. 
          AND SO SOME OF THE THINGS THAT THIS PROJECT DID TO MEET THAT INCLUDES RE UH, RESPECTING THE EXISTING NEIGHBORHOODS. 
          SO ONCE AGAIN, INSTALLING THAT 60 FOOT WIDE BUFFER THAT'S ON THE WEST PROPERTY LINE. 
          UM, AS WELL AS, UM, DOING SOME THINGS SUCH AS PUTTING THE BALCONIES OF THE FEE SIMPLE TOWN HOMES ON THE REAR FACADE AS OPPOSED TO FACING TOWARDS, UH, OTHER RESIDENTIAL PROPERTIES AS WELL. 
          IT ALSO WANTED TO MAXIMIZE FLEXIBILITY. 
          UM, SO ONE THING THAT'S IMPORTANT TO NOTE IS THAT FEE SIMPLE, UH, IMMEDIATELY ALONG MIDWAY ROAD IS PROBABLY NOT THE MOST IDEAL CONDITION OR HIGHEST AND BEST CONDITION IN THIS INSTANCE. 
          SO ENCOURAGING SOME FLEXIBILITY ON HOW WE CAN ACHIEVE THAT HIGHEST INVEST WITH THE EXISTING SITE CONDITIONS. 
          IT ALSO IDENTIFIED INCLUDING A BROAD RANGE OF HOUSING TYPES. 
          SO THIS PARTICULAR PROJECT PROVIDES THREE, INCLUDING FEE SIMPLE AND RENTAL TOWN HOMES AS WELL AS THE MULTIFAMILY COMPONENT. 
          UM, SOME OTHER THINGS THAT GOES ON TO TALK ABOUT 
          [02:35:01]
INCLUDES, UM, PROVIDING HORIZONTAL MIXED USE DEVELOPMENT. 
          ONCE AGAIN, THIS PROJECT DOES ACHIEVE THAT AND REALLY FOCUSING ON LOWER DENSITY DENSITY, RESIDENTIAL NEIGHBORHOODS AND NEIGHBORHOOD COMPATIBILITY. 
          IT ALSO WANTED TO ENCOURAGE, UH, VARIOUS RETAIL AND RESTAURANT USES THAT WERE APPROPRIATE FOR THE AREA. 
          ONCE AGAIN, NOT TO COMPETE WITH BELTLINE ROAD, BUT ENHANCE THE MIDWAY CORRIDOR AND THEN ALSO, UH, CAPITALIZING ON MISSING MIDDLE HOUSING TYPES AND, UH, ONCE AGAIN THAT NEIGHBORHOOD COMPATIBILITY. 
          THE NEXT ITEM IS THE ADDISON HOUSING POLICY. 
          UH, THERE ARE POLICIES SET FORTH THAT, UM, ABOVE ALL ENCOURAGE INCREASING THE PROPORTION OF FEE SIMPLE OWNERSHIP IN ADDISON. 
          IT ALSO PROVIDES VARIOUS STIPULATIONS WHICH ENCOURAGE, UM, US ALL TO LOOK AT WHAT'S THE BEST USE FOR EACH SITE, AS WELL AS LOOKING AT WHAT IS AN EXCEPTIONAL PROJECT AND WHAT GOES ABOVE AND BEYOND. 
          UM, SO A FEW THINGS THAT THIS PROJECT DOES DO FOR THE HOUSING POLICY IS IT DOES CREATE A, UM, A TRUE, UM, WALKABLE AND URBAN CHARACTER FOR THIS AREA THAT CURRENTLY DOES NOT EXIST. 
          UM, OBVIOUSLY IT PROVIDES A VERY SIGNIFICANT TRAIL CONNECTION THAT IS CURRENTLY MISSING FOR THIS, UM, FOR THIS AREA. 
          UM, IT ALSO PROVIDES EXCEPTIONAL OPEN SPACE AND, UM, A MEDIUM DENSITY HORIZONTAL MIXED USE DEVELOPMENT, WHICH IS COMPATIBLE WITH THE AREA AND ADJACENT SINGLE FAMILY RESIDENTIAL PROPERTIES. 
          UH, THE ONE THING THAT THIS, UM, PROJECT DOES NOT DO IN RELATION TO THE HOUSING POLICY, IT DOES NOT INCREASE THE PROPORTION OF FEE SIMPLE OWNERSHIP. 
          SO THIS PROJECT DOES INCLUDE 30, OR EXCUSE ME, 26 FEE SIMPLE, UM, TOWN HOMES. 
          HOWEVER, IT DOES ALSO INCLUDE A RENTAL COMPONENT AS WELL. 
          HOWEVER, LOOKING AT THIS PARTICULAR SITE, IT'S NOT LIKELY THAT THE SITE WOULD BE ABLE TO BE DEVELOPED FULLY AS FEE SIMPLE, UH, GIVEN THE REDEVELOPMENT COST AS WELL AS THE, UM, SIGNIFICANT AMOUNT OF EXISTING OR ENTITLED CURRENTLY FEE SIMPLE PRODUCT THAT IS, UM, NEAR TO THIS SITE, UM, INCLUDING THE ADDISON RESERVE, THE, UM, TREEHOUSE PHASE ONE PROJECT, ADDISON GROVE, JUST TO NAME A FEW. 
          SO LOOKING AT DENSITY COMPARISONS, UM, I'VE SAID MEDIUM DENSITY A COUPLE OF TIMES, BUT JUST TO GIVE YOU SOME FIGURES OF WHAT THAT MIGHT LOOK LIKE. 
          UH, SO THE PHASE ONE PROJECT, UM, EXCUSE ME, THIS PROJECT PHASE TWO AS PROPOSED IS 23 UNITS PER ACRE. 
          ADDISON GROVE JUST TO THE NORTH IS 31 UNITS PER ACRE. 
          SO WHEN YOU THINK ABOUT DENSITY, UM, THIS IS LOW DENSITY COMPARED TO SOME OF THE OTHER PROJECTS, OR EXCUSE ME, MEDIUM DENSITY COMPARED TO SOME OF THE OTHER PROJECTS IN THE NEARBY AREA. 
          SO, UM, TRAFFIC, UH, GENERATION CIRCULATION, UH, A ANALYSIS WAS COMPLETED FOR THIS SITE. 
          UM, AND FOR THIS PROJECT, THE PHASE ONE WAS INCLUDED IN THE ANALYSIS AS IT IS PROPOSED TO BE CONNECTED THROUGH THE INTERNAL CIRCULATORS OF THE THE PROJECT. 
          UM, IT IS, THE ANALYSIS SHOWED THAT TECHNICALLY WHEN YOU'RE LOOKING AT TRIP GENERATION, THERE WAS A DECREASE IN CHIP TRIP GENERATION. 
          UM, THAT IS WHEN YOU COMPARE 60,000 SQUARE FEET OF, UM, THRIVING RETAIL AND RESTAURANT USE. 
          HOWEVER, WHEN YOU'RE TALKING ABOUT WHAT IS EXISTING TODAY BEING REDEVELOPED TO THE PROPOSED, IT'S LIKELY THAT WE ARE GOING TO OBSERVE AN INCREASE IN TRAFFIC BECAUSE WHAT IS THERE TODAY IS UNDERUTILIZED. 
          SO JUST LOOKING AT JUST SOME SURFACE NUMBERS, WHAT'S PROPOSED IS 384 PARKING SPACES ON SITE. 
          WHAT CURRENTLY EXIST IS 554. 
          SO JUST THINKING ABOUT THOSE NUMBERS. 
          ALSO LOOKING AT TRIP GENERATION, THE PROPOSED, EXCUSE ME, THE EXISTING WOULD GENERATE OVER 2,700 MORE TRIPS THAN WHAT IS PROPOSED WITH THIS AMLI PROJECT. 
          UH, SO LOOKING AT WHAT COULD BE VERSUS WHAT IS PROPOSED IS QUITE SIGNIFICANTLY DIFFERENT. 
          A COUPLE OF OTHER THINGS THAT, UM, RELATED TO TRAFFIC ON THIS PROJECT. 
          UH, THERE ARE NO OFFSITE MODIFICATIONS PROPOSED, SO THAT INCLUDES NO MODIFICATIONS PROPOSED TO MIDWAY OR BELTWAY. 
          THERE ARE, WITH PHASE TWO SPECIFICALLY, THERE ARE THREE ACCESS POINTS. 
          THOSE ARE GENERALLY LOCATED IN THE SAME LOCATION THAT THEY EXIST ON THE PROPERTY TODAY. 
          UM, THERE IS TWO ALONG MIDWAY AND ONE ALONG BELTWAY DRIVE, THERE WAS A CLOSE ATTENTION PAID TO 
          [02:40:01]
MITIGATING CUT THROUGH TRAFFIC OF THOSE INDIVIDUALS THAT MAY TRY TO GET FROM MIDWAY TO BELTWAY OR VICE VERSA. 
          SO SOME THINGS THAT WERE DONE ON SITE INCLUDE, UM, YOU, YOU'LL SEE THROUGH THE TRAFFIC PATTERNS THERE'S A LOT OF, OR SEVERAL KIND OF DEAD ENDS TO DISCOURAGE PEOPLE. 
          THERE'S ALSO, UH, ENHANCED, UM, PAVEMENT MATERIAL, UM, STREET TREES, NARROWER STREETS, UM, RAISED CROSSINGS, ALL TO DISCOURAGE QUICK TRAFFIC TO SLOW THEM DOWN AND DISCOURAGE THAT CUT THROUGH OTHER, UM, DEVELOPMENT IMPACTS TO DISCUSS. 
          SO THE WATER AND SEWER IS CURRENTLY AVAILABLE IN THIS AREA TO ACCOMMODATE THE PROPOSED DEVELOPMENT. 
          ADDITIONALLY, AS FAR AS DRAINAGE IS CONCERNED, THE PROJECT IS INCREASING THE PERMEABLE AREA BY 13%, SO IT WILL, UH, REDUCE SURFACE RUNOFF. 
          UM, THE DEVELOPER WILL PROVIDE, UH, DRAINAGE INFRASTRUCTURE WITH THIS, THIS PROJECT. 
          THERE ARE NO ANTICIPATED ISSUES WITH, UM, VARIOUS TOWN SERVICES OR THE, UM, INDEPENDENT SCHOOL DISTRICTS, WHICH SERVES THIS SITE AS WELL. 
          UH, ONE ITEM THAT HAS HAD A LOT OF DISCUSSION AND THE, UM, APPLICANT HAS REVISED SINCE PLANNING AND ZONING COMMISSION IS, UH, TREE MITIGATION. 
          SO THERE WAS A LOT OF FEEDBACK AT THE PLANNING AND ZONING COMMISSION RELATED TO THIS AND, UM, WE HEARD FROM THE COMMUNITY THAT THE TREES WERE VERY IMPORTANT AND AM A DURING, UM, THE LAST FOUR WEEKS WAS ABLE TO IDENTIFY 10 ADDITIONAL TREES BEYOND WHAT WAS INITIALLY PROPOSED, WHICH INCLUDES AN ADDITIONAL 118 CALIPER INCHES TO BE PRESERVED ON SITE. 
          UM, ALL IN ALL WHAT THAT DOES FOR THE PROJECT IS IT PROVIDES A SURPLUS OF MITIGATION, UH, FOR, FROM THE DEVELOPER APPROXIMATELY 460 CALIPER INCHES BEYOND OUR MINIMUM STANDARD. 
          SO THAT INCLUDES THE TRANSPLANT OF A 31 CALIPER INCH LIVE OAK INTO THE PUBLIC TRAIL AREA SO THAT WHEN THAT OPENS INITIALLY WE HAVE LARGE MATURE TREES TO SERVE THAT AREA. 
          IT ALSO PR, UH, INCLUDES THE PRESERVATION OF 324 CALIBER INCHES, UH, THROUGHOUT THE SITE AS WELL. 
          AND IT ALSO INCLUDES THE PLANTING OF 990 NEW CALIBER INCHES ON SITE. 
          SO, UM, ONCE AGAIN, THEY HAVE EXCEEDED OUR MINIMUM MITIGATION BY 464 CALIBER INCHES, WHICH GOES FAR BEYOND WHAT OUR EXPECTATION IS. 
          SO, UH, IN ADDITION TO, UM, THE PUBLIC HEARINGS AM EMILY ALSO COMPLETED SOME COMMUNITY OUTREACH. 
          THEY HELD TWO NEIGHBORHOOD MEETINGS THE FIRST ON APRIL 17TH AND THE SECOND ON MAY 29TH. 
          UM, THROUGHOUT THOSE TWO MEETINGS, APPROXIMATELY 52 RESIDENTS ATTENDED, UM, SOME GENERAL COMMENTS AND FEEDBACK RECEIVED RELATED TO C CONNECTIVITY ON THE PROPERTY TREE PRESERVATION, THE, UM, ARCHITECTURAL COMPATIBILITY AND CHARACTER OF THE PROJECT, AND, UM, TRAFFIC IMPACTS AND THE DISPLACEMENT OF CURRENT BUSINESSES AS WELL. 
          UM, DURING THOSE TWO MEETINGS AM EMILY TOOK THE NEIGHBORHOODS OUT AND ACTUALLY WALKED THE, UH, THE SUBJECT PROPERTY TO, UH, EXPLAIN SOME OF THE IMPACTS OF THIS PROJECT. 
          UM, ON SITE STAFF SENT OUT NOTICES TO ALL PROPERTY OWNERS WITHIN 200 FEET OF THE SITE THAT INCLUDED 48 NOTE, EXCUSE ME, AND, UH, DISD IN ACCORDANCE WITH STATE LAW. 
          AND THAT INCLUDED 48 NOTICES. 
          UM, STAFF RECEIVED RESPONSES IN FAVOR OF THE REQUEST FROM 12 INDIVIDUALS WITHIN THAT NOTICE BOUNDARY. 
          UM, ADDITIONAL FEEDBACK WE RECEIVED OUTSIDE OF THE NOTICE BOUNDARY INCLUDED 20 LETTERS OF SUPPORT FROM ADDISON RESIDENTS, 10 LETTERS OF SUPPORT FROM LOCAL BUSINESSES, AND FOUR LETTERS OF OPPOSITION FROM ADDISON RESIDENTS. 
          ALL OF THE FEEDBACK RECEIVED TO DATE HAS BEEN, IT WAS INCLUDED IN THE MEETING. 
          PACKET STAFF RECOMMENDS APPROVAL OF THIS, UH, REQUEST, EXCUSE ME, WITH TWO CONDITIONS. 
          UH, THE FIRST IS THAT THE DEVELOPMENT IS, UH, EXECUTED IN ACCORDANCE WITH THE DEVELOPMENT PLANS AND STANDARDS, UM, INCLUDED IN THE PACKET. 
          AND THE SECOND IS THAT PRIOR TO APPROVAL OF CONSTRUCTION DRAWINGS, THE TOWN AND THE APPLICANT ENTER INTO A DEVELOPMENT AGREEMENT THAT DOES NOT INCLUDE ANY FINANCIAL INCENTIVES, UH, THAT FURTHER DEFINES REQUIREMENTS FOR THE, UM, PUBLIC OPEN SPACE AND DEDICATION, UH, PERFORMANCE STANDARDS FOR THE PROJECT, UH, TREE, UH, RELOCATION, MITIGATION, PUBLIC ART, UM, MANAGEMENT PROVISIONS FOR THE FEE SIMPLE TOWN HOMES, AS WELL AS, UM, MINIMUM STANDARDS FOR THE, 
          [02:45:01]
UM, FACADES OF THE BUILDINGS. 
          UM, STAFF DOES BELIEVE THIS IS A EXCEPTIONAL PROJECT. 
          UM, PROVIDES, UH, ONCE AGAIN THE MAJOR TRAIL CONNECTION IN THE AREA, UM, AND REALLY FOCUSES ON CONNECTIVITY AND URBAN CHARACTER THAT WILL ENHANCE THIS CORRIDOR. 
          UM, I'D BE HAPPY TO TAKE ANY QUESTIONS. 
          THE APPLICANT HAS ALSO, UM, PREPARED A PRESENTATION. 
          VERY GOOD QUESTIONS FOR LESLIE BEFORE THE APPLICANT COMES UP. 
          LESLIE, THANK YOU FOR THE PRESENTATION. 
          UM, SO THE DENSITY ON PHASE ONE, UH, HOW MANY UNITS PER ACRE ON PHASE ONE? 33 UNITS PER ACRE ON PHASE ONE. 
          OKAY. 
          AND, AND UNITS PER, UM, ACRE ON THIS ONE IS 23, SO WE'RE TALKING A LOT LESS DENSITY FOR THIS. 
          AND, AND JUST TO GIVE YOU, UM, SOME ADDITIONAL PERSPECTIVE FROM MAYBE A MORE SIMILAR DEVELOPMENT, THE ADDISON RESERVE PROJECT, UH, TO THE NORTH, THE MUCH SMALLER ONE THAT'S AT ABOUT 17. 
          OKAY. 
          AND THEN, UM, THERE IS, UH, THERE'S BEEN DISCUSSIONS ABOUT A SIDEWALK THAT WOULD RUN, UM, EAST AND WEST ON THE, THE SOUTH SIDE OF BELTWAY. 
          MM-HMM, , THERE'S BEEN DISCUSSIONS ABOUT THAT. 
          WHERE DO WE STAND ON THAT? WILL THE SIDEWALK BE THERE? UM, YEP, IT WILL BE HAPPENING. 
          SO IF YOU, UM, REFER TO THE, UM, SITE PLAN, IT'S HARD TO SEE. 
          UH, BUT IT'S THERE AND THERE'S ALSO A NOTE THAT'S ADDED THAT HAS DEFINED THAT THE, UM, APPLICANT WILL WORK WITH THE TOWN TO DETERMINE FINAL DESIGN OF THAT IN CONNECTION WITH SOME OF OUR OTHER RIGHT OF WAY IMPROVEMENTS IN THAT AREA. 
          OKAY, THANK YOU. 
          ANY OTHER QUESTIONS, HOWARD? I HAVE A QUESTION ABOUT, UM, IT'S ON SLIDE 19, YOU LISTED THE, UM, I GUESS OTHER CONSIDERATIONS. 
          THE LAST ONE SAYS DISPLACEMENT OF CURRENT BUSINESSES. 
          MM-HMM, , BUT YOU DIDN'T ELABORATE ON IT. 
          CAN YOU TELL ME WHAT THE STATUS OF THOSE BUSINESSES WOULD BE? YEAH, SO, UM, I, I'M GONNA DEFER THAT TO THE APPLICANT TO RESPOND TO AS THEY ARE, UM, IF THIS ITEM IS APPROVED, THEY WILL, UM, IN THE FUTURE TAKE OWNERSHIP OF THE PROPERTY AND WILL, UM, CONTINUE TO NEGOTIATE, UH, EX ANY EXISTING LEASES. 
          UM, AND I GUESS TERMINATION OF THOSE OR, OR CONTINUATION OF THOSE. 
          OKAY. 
          THE OTHER QUESTION I HAD IS YOU SAID THE THE TRAFFIC WOULD INCREASE MM-HMM,  FROM WHAT WE CURRENTLY HAVE THERE, WHICH IS THOSE NINE OR 10 BUSINESSES, MOSTLY RESTAURANTS. 
          DOES, DOES THE INCREASE TAKE INTO ACCOUNT PHASE ONE AND PHASE TWO OR IS IT, ARE YOU JUST TALKING ABOUT PHASE TWO? UH, SO THE, SO A, UM, THERE WAS A FULL SCALE TRAFFIC, UH, IMPACT ANALYSIS FOR, UM, PHASE ONE AS WELL. 
          AND THAT, UH, OCCURRED WITH THE ENTITLEMENTS OF THAT PROJECT. 
          SO WHEN WE'RE, WE WERE LOOKING AT THE GENERATION DISTRIBUTION FOR THIS PARTICULAR SITE, UM, THESE FIGURES YOU SEE ON THE SCREEN ARE SPECIFIC TO THIS, THE SUBJECT PROPERTY. 
          SO WHEN YOU'RE TALKING ABOUT, UM, THE, UM, TRAFFIC GENERATION IS PROPOSED TO DECREASE BY APPROXIMATELY 2,700, UH, IT'S REFERRING SPECIFICALLY TO MIDWAY SQUARE. 
          UH, WHEN WE WERE LOOKING AT DISTRIBUTION OF THE ENTIRE SITE, YOU'LL SEE UM, THE ACCESS EXHIBIT HERE THAT COVERS BOTH PHASE ONE AND PHASE TWO. 
          UH, SO WE WANTED TO MAKE SURE THAT, UM, THE OVERALL IMPACTS ONTO MIDWAY ROAD WERE ALSO TAKEN INTO ACCOUNT. 
          SO YOU THINK IT'LL BE 2,700 LESS CARS WITH THE APARTMENTS THAN WHAT WE CURRENTLY HAVE. 
          THAT IS WHAT THE TRIP GENERATION SAYS. 
          AND THE TRIP GENERATION ARE, UM, BASIC STANDARDS THAT ARE IDENTIFIED BY PROFESSIONAL TRAFFIC ENGINEERS THAT SAY THIS IS WHAT WE WOULD ANTICIPATE TO BE GEN THE TRAFFIC GENERATION TO BE. 
          IF THESE WERE, I'M GONNA SAY HIGHLY PERFORMING SUCCESSFUL RETAIL BUSINESSES, IS THE 2,700, IS IT PER YEAR OR PER OH, IT'S PER DAY. 
          YEAH. 
          PER DAY. 
          OKAY. 
          PER DAY. 
          THANK YOU. 
          I HAVE A FEW QUESTIONS. 
          CAN Y'ALL HEAR ME? SURE. 
          GO AHEAD DARREN. 
          SO, SO STILL ON THAT SLIDE 17, WHAT IS THE CURRENT TRAFFIC FOR MIDWAY SQUARE? I DON'T, I DON'T BELIEVE, I DON'T KNOW THAT I HAVE THAT WITH ME AT THE MOMENT, BUT I CAN PULL UP THE, UM, THE TRAFFIC GENERATION AND GET THAT TO YOU. 
          OKAY. 
          AND ON THE, UM, THE LINEAR PARK, 
          [02:50:01]
UM, THAT'S PUBLIC PARKLAND? NO, IT'S PUBLIC PARKLAND PRIVATE LANDSCAPE. 
          THE LINEAR PARK THAT GOES FROM MIDWAY OVER TO THE TRAIL, UH, THAT'S NOT GOING TO BE MAINTAINED BY THE TOWN SINCE IT'S PRIVATE, IS THAT CORRECT? THAT IS CORRECT. 
          IS IT GONNA BE FULLY PUBLIC ACCESS AS IF IT WERE A PUBLIC PARK? SO THERE WILL NOT BE A, UH, TO MY KNOWLEDGE, THERE WILL NOT BE A FORMAL PEDESTRIAN ACCESS EASEMENT. 
          HOWEVER, UH, AMLI HAS INDICATED THEY HAVE NO, UM, NO INDICATION THAT THEY WILL CUT OFF ACCESS. 
          IT WILL BE TO MAKE IT PRIVATE ACCESS ONLY. 
          OKAY. 
          AND THEN TOWARDS THE END WHERE, TALK ABOUT THE NOTICE YOU HAVE, UM, FOUR LETTERS OF OPPOSITION. 
          WHAT WERE THOSE LETTERS? SO THOSE ARE INCLUDED IN THE PACKET. 
          UM, THERE WAS A, UH, A FORM LETTER, EXCUSE ME, THERE WAS THREE FORM LETTERS THAT JUST STATED THAT THEY, UM, DID NOT, UH, SUPPORT, THEY OPPOSED THIS ITEM. 
          THEY DID NOT PROVIDE ANY SORT OF ADDITIONAL COMMENTARY OR JUSTIFICATION FOR Y AND THE OTHER ITEM WAS, UH, OPPOSITION DUE TO, UM, UH, WITH, WITH THE INTENT TO PRESERVE THE TREES ON SITE. 
          SO THE THREE THAT WERE OPPOSED FROM THE, THE FORM LETTER, THOSE WERE JUST OPPOSED TO APARTMENTS ANYWHERE, ANYTIME IN ADDISON? NOT NECESSARILY THIS PRODUCT, I MEAN THIS PROJECT, I GUESS THAT WOULD BE, THAT WOULD BE MY ASSUMPTION. 
          THERE WAS NO ADDITIONAL COMMENTARY PROVIDED. 
          OKAY. 
          JUST WANTED TO CLARIFY. 
          SO, UM, THIS MAY BE FOR THE APPLICANT, BUT THE, UH, THE RENTAL TOWN HOMES ARE GONNA BE COMPLETED IN PHASE ONE ALSO. 
          IS THAT, IS THAT CORRECT? YES, I BELIEVE SO. 
          OKAY. 
          AND IS IT GONNA BE THE SAME BUILDER THAT BUILDS THOSE, UM, THOSE RENTAL TOWN HOMES AS THE FEE SIMPLE? NO, I BELIEVE AMWAY WILL BE CONSTRUCTING THE, ALL OF THE RENTAL PRODUCT THAT IS PROPOSED ON SITE. 
          OKAY. 
          DO YOU KNOW IF THEY'RE GONNA BE ARCHITECTURALLY VERY SIMILAR? UH, SO THE, UM, BEFORE YOU HEAR ON THE SCREEN IS THE, THE, UH, PROPOSED TOWN HOME. 
          SO THE NORTH SIDE IS THE, OR EXCUSE ME, THE NORTH RENDERING IS THE FEE SIMPLE AND THE SOUTH SIDE IS THE RENTAL. 
          SO THEY ARE SIMILAR AND THAT THEY USE SIMILAR MATERIALS AND, UM, SOME OF THE SIMILAR ARCHITECTURAL FEATURES, BUT THEY DO, UH, ARE INTENDED TO LOOK DISTINCTLY DIFFERENT. 
          OKAY. 
          UH, THAT'S, UH, HOPEFULLY WE CAN GET THE, THE TRAFFIC COUNT BEFORE THE END OF THE MEETING, BUT THAT'S ALL I HAVE FOR NOW. 
          THANK YOU. 
          THANK YOU DARREN. 
          NANCY, UH, LESLIE? YES. 
          UM, ON PAGE FOUR THERE'S A REFERENCE, UM, THERE OF A 1.27 ACRES OF PRIVATE LANDSCAPE AREA. 
          MM-HMM, . 
          AND THEN ON PAGE SEVEN, I THINK THERE IS A REFERENCE TO 2.27 ACRES OF LANDSCAPED AREA ON SITE. 
          IS THAT, UM, IS, IS THAT SUPPOSED TO BE, UH, TWO DIFFERENT AREAS OR IS THAT A TYPO? MAYBE? THAT, THAT WAS A TYPO. 
          OKAY. 
          OKAY. 
          THANK YOU. 
          IT'S THE, IT IS 1.27 AND THEN THERE IS THE ADDITIONAL 0.7 ACRES FOR THE TRAIL? YES. 
          OKAY. 
          AND THEN, UH, SOMEPLACE THERE WAS A, THERE WAS A STATEMENT MADE, UM, THAT THERE WAS 13% MORE LANDSCAPE AREA THAN CURRENTLY EXISTS. 
          UM, WHAT, WHAT IS THAT FINAL PERCENTAGE? AND YOU MAY HAVE SAID IT AND I JUST MISSED IT. 
          SO THE, THE PROPOSED PERCENTAGE IS 25% THAT IS INCLUSIVE OF THE, UM, THE TRAIL AS WELL. 
          OKAY, THANK YOU. 
          CHRIS, DID YOU HAVE SOMETHING? OH, YOUR LIGHTS ON? OKAY. 
          YEAH. 
          ALRIGHT. 
          ANY OTHER QUESTIONS FOR LESLIE? WELL, WE'D LOVE TO HEAR FROM THE APPLICANT, LESLIE. 
          MM-HMM, . 
          GREAT. 
          UH, THANK YOU. 
          WELCOME. 
          MY NAME IS TAYLOR BOWEN. 
          I'M WITH AM LEE RESIDENTIAL 50 57 KELLER SPRINGS. 
          IT'S AN HONOR TO BE HERE AND TO PRESENT THIS WONDERFUL OPPORTUNITY WE HAVE FOR YOU THIS EVENING. 
          AS ALWAYS, IT'S HARD TO FOLLOW LESLIE. 
          SHE DOES SUCH A THOROUGH JOB PRESENTING, UH, OUR PLANS AND THE DEVELOPMENT. 
          UH, BUT WHAT I DO WANT, HIGHLIGHT A FEW THINGS THAT I THINK WILL BE, WILL 
          [02:55:01]
BE HELPFUL, I'M GONNA TALK A LITTLE BIT ABOUT AMLI AND GIVE YOU A BRIEF UPDATE. 
          I'M GONNA TALK ABOUT THE HISTORY OF THE SITE, THE BENEFITS, AND THE HIGHLIGHTS OF OUR SITE DESIGN THAT YOU HAVEN'T HEARD. 
          I'M GONNA FOCUS ESPECIALLY ON THE TRAIL EXPANSION, OPEN SPACE, TREE PRESERVATION TRAFFIC, AND MOST IMPORTANTLY WHAT WE THINK ARE THE COMMUNITY BENEFITS TO ADDISON. 
          SO FIRST LET ME TELL YOU ABOUT OUR, OUR TEAM. 
          UM, SEVERAL ARE WITH US TONIGHT. 
          I WANNA INTRODUCE ROBERT LAP, MADELINE MILLS, UH, AND JOE BRUCE. 
          UH, GUY RODRIGUEZ WHO OVERSEES OUR CONSTRUCTION, UH, WHO ALSO BUILT AM PHASE ONE AND IS OVERSEEING TREEHOUSE CURRENTLY IS UNABLE TO BE WITH US TONIGHT. 
          UH, AND I ALSO WANNA ESPECIALLY NOTE THAT THE, UH, THE, UH, SELLER, UH, IS HERE AS WELL. 
          ALEX AND BEN MCCUTCHEN, UH, ON THAT, UH, TABLE RIGHT THERE IN THAT LITTLE CHART. 
          I CAN'T BELIEVE IT I ADDED UP. 
          I THINK WE'RE NOW IN SUCCESS OF A HUNDRED YEARS OF EXPERIENCE, UH, BUILDING APARTMENTS. 
          UH, HOPEFULLY THAT'S NOT ALL ME, BUT THERE'S BEEN A LOT OF FOLKS THAT HAVE CONTRIBUTE TO THE SUCCESS OF ADDISON ONE, TREEHOUSE AND WHAT THIS PROJECT, UH, WILL ENTAIL TO ENSURE IT'S SUCCESSFUL. 
          HERE'S OUR PORTFOLIO. 
          THIS IS WHERE AM CURRENTLY IS TODAY. 
          I THINK IT'S IMPORTANT WE TALK ABOUT THIS. 
          WE KNOW THIS. 
          UM, UH, WE'RE COASTAL. 
          WE'RE IN EIGHT MAJOR MARKETS. 
          WE OWN 80 COMMUNITIES. 
          WE HAVE 26,000 UNITS AND WE ONLY FOCUS ON OWNING, DEVELOPING CORE CLASS A RENTAL PROPERTIES. 
          WE MANAGE EVERYTHING THAT WE OWN. 
          WE DO NOT THIRD PARTY MANAGE. 
          WE DO NOT BUILD AND FLIP. 
          AND AS YOU CAN SEE, WE HAVE SOME BEAUTIFUL COMMUNITIES AND THIS JUST HIGHLIGHTS WHAT WE THINK THAT WE'RE ASPIRING TO BUILD HERE WITH TREEHOUSE. 
          AND WHAT WE'RE GONNA ADD WITH THE ADDITION OF TREEHOUSE TWO. 
          AFTER WE FINISHED ADDISON ONE, UH, BACK IN 2020, WE FOCUSED ON THE 45 STORY HIGH RISE DOWNTOWN DALLAS CALLED AMWAY FOUNTAIN PLACE. 
          OTHER PROPERTIES THAT WE RUN OUT OF OUR ADDISON OFFICE, WHICH IS ALSO OUR REGIONAL HEADQUARTERS AS COMMUNITIES IN SOUTHERN CALIFORNIA. 
          SO THAT'S A PICTURE OF OUR MARINA DELRAY COMMUNITY, WHICH IS 585 UNITS THAT ALSO COMES WITH A MARINA. 
          UH, WE HAVE, UH, PROPERTIES IN DALLAS. 
          YOU MIGHT HAVE SEEN, UH, ALEY QUADRANGLE IN UPTOWN, UH, ALEY, WEST PLANO, WHICH IS OBVIOUSLY TO THE NORTH, WHICH IS A GREAT EXAMPLE OF HORIZONTAL MIXED USE. 
          AND THEN IN THE BOTTOM LEFT IS OUR ALEY MILLER COMMUNITY, WHICH IS THE OLD REDEVELOPMENT OF THE MUELLER AIRPORT IN AUSTIN. 
          AND WE HAVE CLOSE TO 2000 UNITS THERE. 
          AND WHAT I'M TRYING TO HIGHLIGHT IS OBVIOUSLY THE EXPERTISE AND THE EXPERIENCE OF RUNNING LARGE COMMUNITIES, 600 UNIT COMMUNITY IS REALLY IN OUR SWEET SPOT AND SOMETHING THAT WE CAN, WE CAN DO WELL. 
          OUR DALLAS PORTFOLIO, YOU CAN SEE OUR CONCENTRATIONS FROM THE DOWNTOWN PROPERTIES, UH, IN UPTOWN AREA NORTH, OBVIOUSLY FRISCO, WEST PLANO AND LAS COLINAS AND OUR GROWING CONCENTRATION, UH, IN ADDISON. 
          THIS IS IMPORTANT TO US AND WE WANT TO CONTINUE AS YOU KNOW, UH, OTHER KEY FACTS ON THIS CHART IS NOTICE THE AMOUNT OF TIME THAT WE OWN OUR PROPERTIES. 
          I MEAN, WE'RE, I THINK NINE YEARS IS WHAT WE HAVE TO DATE. 
          WE HAVE SEVERAL PROPERTIES THAT WE'VE OWNED FOR LONGER THAN A DECADE SHOWING OUR COMMITMENT TO THE COMMUNITY AND HOW WE BUILD AND HOLD AND MANAGE CORRECTLY. 
          ANOTHER NOTEWORTHY STAT, AS YOU CAN SEE, OUR, OUR AVERAGE HOUSEHOLD INCOME CLOSE TO $170,000 AND THESE RENTS ARE, ARE NOT GEARED FOR THE FIRST TIME RENTER. 
          YOU KNOW, OUR RENTS ARE GONNA BE IN THE MID 2000 A UNIT RANGE AND THIS IS THE KIND OF INCOMES IT TAKES TO SUPPORT THAT. 
          SO LEMME TELL YOU ABOUT EXISTING CONDITIONS, YOU KNOW, HOW DID WE, HOW DID WE GET HERE? UM, OBVIOUSLY IF YOU HAVEN'T HEARD THE MCCUTCHEN FAMILY HAS, UH, OWNED THIS LAND FOR GENERATIONS AND THEY HAVE MADE IT VERY CLEAR THAT THEY WANT TO SELL THIS LAND NOW AND THEY WERE GOOD ENOUGH TO GIVE US ENOUGH TIME TO GO THROUGH THIS PROCESS TO TRY AND REZONE, BUT THEY DIDN'T HAVE TO. 
          THERE'S CLEARLY OTHER BUYERS OF THIS LAND AND THERE'S FOLKS THAT WOULD PROBABLY BE JUST HAPPY TO CONTINUE TO OPERATE IT AS, AS RETAIL. 
          UH, THERE'S CURRENTLY 60,000 FEET, THERE'S 12 TENANTS. 
          OBVIOUSLY WE'VE SEEN SOME OCCUPANCY CHALLENGES. 
          IT'S AGING, IT'S KIND OF CLASS C. 
          AND TO CONTINUE TO RUN AND OPERATE THE PROPERTY AS WE WOULD LIKE TO SEE FIT, SOMEBODY WOULD HAVE TO SPEND A SIGNIFICANT AMOUNT OF MONEY TO IMPROVE. 
          AND THAT MAY OR MAY NOT HAPPEN. 
          IT DOESN'T HAVE TO. 
          IT'S OWNED WHAT IT IS AND WE CAN CONTINUE TO OPERATE IT AS IT IS. 
          IT IS A NEXT DOOR NEIGHBOR OF OURS, UH, FROM ADDISON ONCE. 
          SO WE'RE KEENLY INTERESTED IN THIS SITE AND WE'RE KEENLY INTERESTED IN HOW IT IS REDEVELOPED. 
          THIS WASN'T SOMETHING WE WERE INITIALLY TARGETING. 
          WE OBVIOUSLY HAD THE GREAT OPPORTUNITY, 
          [03:00:01]
UH, TO THE SOUTH WITH OFFICE AND THE PARK, BUT I'LL TELL YOU THAT THE FORMER STAFF AND A LOT OF FOLKS SAID THIS SHOULD HAVE BEEN THE SITE THAT WE SHOULD HAVE TARGETED WHEN MIDWAY WAS BEING EXPANDED AND ADDISON WAS SPENDING, YOU KNOW, AN EXCESS OF $40 MILLION. 
          THE INTENT WAS THAT THIS WHOLE CORRIDOR WOULD GET REDEVELOPED. 
          TODAY THIS PROPERTY IS ASSESSED FOR A LITTLE UNDER $8 MILLION. 
          THAT'S UNDER A MILLION DOLLARS AN ACRE. 
          TO PUT IT IN PERSPECTIVE, IF YOU GO LOOK AT OUR AM ADDISON ONE COMMUNITY, WE ARE BEING VALUED OVER $10 MILLION AN ACRE. 
          THIS IS WHAT SHOULD BE ON THIS SITE AND THIS IS THE OPPORTUNITY THAT WE HAVE HERE TODAY. 
          SO HERE'S OUR PHASE TWO SITE PLAN. 
          I'M NOT GONNA DWELL A TON ON THIS 'CAUSE LESLIE DID A GREAT JOB, BUT CLEARLY TALKING ABOUT EIGHT ACRES. 
          UH, IT WAS ALREADY MENTIONED THAT IF THIS WAS A TRADITIONAL WRAP DEVELOPMENT AND IF THIS IS WHAT YOU WOULD SEE KIND OF FROM VI TRIVIAN OR FROM AMLI ONE OR WHAT JPI HAS RECENTLY DONE, YOU'D HAVE A DENSITY OF CLOSE TO 70 UNITS AN ACRE, MAYBE 80 THAT WOULDN'T, THAT WOULD LEAD YOU TO A UNIT COUNT HERE OR SOMETHING IN EXCESS OF 550 OR CLOSE TO JUST 600 UNITS ALONE ON THE SITE. 
          AND WE'RE ONLY TALKING ABOUT 182 UNITS. 
          SO THE ONLY WAY THIS WORKS FINANCIALLY FOR US IS THE FACT THAT WE'RE ABLE TO COMBINE THIS AS ONE LARGE COMMUNITY OF 600 UNITS. 
          ANOTHER KEY FACT THAT WE ALL KNOW IS THE TRAIL EXTENSION. 
          THIS IS SOMETHING THAT IS JUST SO IMPORTANT TO US TO SEE THE CONNECTION, NOT JUST FOR TREEHOUSE ONE TO COBALT TO THE GROVE, BUT ALSO TO THE FUTURE COTTON BELT AND TO VI TRIVION. 
          AND THIS GIVES US THE OPPORTUNITY TO COMPLETE IT AND TO COMPLETE IT NOW AND NOT HAVE TO WAIT. 
          OBVIOUSLY WE'RE ADDING FOR SALE HOUSING, WE KNOW THE ISSUES WITH FOR SALE AND THE CONCERNS. 
          AND HAVING ADDITIONAL 26 TOWN HOME LOTS BEFORE SALE I THINK IS GONNA BE EXTREMELY IMPORTANT. 
          TRUE MIXED USE, 12,500 SQUARE FEET OF NEW RETAIL. 
          I WAS DELIGHTED IN WORKING SO CLOSELY WITH LESLIE AND HER TEAM THAT THE FOCUS ON THE RETAIL WASN'T ON THE QUANTITY OF RETAIL. 
          ALONG MIDWAY IT WAS ON THE QUALITY. 
          WHERE CAN YOU PROVIDE THE BEST RETAIL THAT WILL WORK AND WORK WELL? AND THAT'S WHY WE ACTUALLY ISOLATED, IF YOU SEE UP THERE IN THE PINK, IN THE NORTHWEST CORNER, UH, BETWEEN BELTWAY AND BELT LINE, UH, AT MIDWAY IS TO LOCATION AND HAVING THE PLAZA THAT'S GONNA SEPARATE. 
          THIS GIVES US A WHOLE BUNCH OF OPPORTUNITIES FOR THE RIGHT KIND OF RESTAURANT SPACE. 
          UH, AND AND USE OF THIS. 
          OUR INTENT IS NOT TO HAVE TO STRIP COMMUNITY SERVICE RETAIL. 
          THERE'S OTHER GREAT LOCATIONS IN ADDISON WHERE WE ACTUALLY NEED TO RE-TENANT FOR THAT KINDA RETAIL. 
          WHAT WE'RE GONNA TRY AND FOCUS HERE IS SOMETHING THAT I THINK WILL NOT ONLY BENEFIT OUR RESIDENTS, BUT WHAT I'VE HEARD LOUD AND CLEAR IS FROM THE COMMUNITY BEHIND US AND MAKE IT WALKABLE AND SOMETHING THAT WE CAN ALL BE PROUD OF AND WE HAVE BUDGETED SUCH THAT WE CAN GO OUT AND TRY AND ACQUIRE THE RIGHT KIND OF USERS FOR THIS, FOR THIS LAND. 
          UH, LASTLY, I WANT TO TALK ABOUT KIND OF THIS MISSING MIDDLE. 
          UH, I'VE BEEN VERY FORTUNATE TO SERVE ON A COUPLE OF THESE COMMITTEES, ONE OF WHICH IS CALLED CPA. 
          AND ONE OF THE BIG CONCEPTS THAT WE'RE TALKING ABOUT IS HOW TO PROVIDE HOUSING FOR ALL AT ADDISON. 
          AND THAT SURE THERE'S SINGLE FAMILY AND WE KNOW WHAT THE PRICING IS LOOKING LIKE THERE WITH HOMES NOW IN THE SEVEN, $800,000 RANGE. 
          BUT THAT WE NEED TO PROVIDE HOUSING TO SUPPORT THE RETAILERS AND THE BUSINESS OWNERS OF THIS COMMUNITY THAT REALLY FIT AT THIS, AT THIS PRICE POINT. 
          AND WE ARE DOING THAT. 
          AGAIN, TO PUT IN PERSPECTIVE, IF OUR AVERAGE RENTS ARE AROUND $2,600 A MONTH, SIMPLE MATH, IT'S ABOUT THREE TIMES MONTHLY TO QUALIFY, UH, TO LIVE, THAT GETS YOU AN AVERAGE INCOME OF ROUGHLY A HUNDRED THOUSAND DOLLARS. 
          THOSE ARE THE FOLKS THAT ARE GONNA BE OUT SHOPPING AND SUPPORTING OUR LOCAL BUSINESSES AND HOPEFULLY OCCUPYING THE OFFICE BUILDINGS AROUND US. 
          SO THERE'S OUR COMBINED SITE PLAN. 
          UM, YOU KNOW, THE FIRST THING WHEN I LOOK AT THIS IS JUST HOW SEAMLESS IT IS AND HOW IT JUST LOOKS LIKE IT WAS INTENTIONAL. 
          AND LOOKING FROM BOTTOM TO TOP OR FROM WEST TO EAST WITH THE CONTINUATION OF THE PARK. 
          WE'VE DISCUSSED, YOU KNOW, THE DOLLARS BEHIND THIS PARK IS ROUGHLY $2 MILLION WHEN YOU FACTOR IN THE LAND AND ALL THE IMPROVEMENTS THAT WE'RE PAYING. 
          UH, AGAIN, THERE'S NO INCENTIVES AND THAT'S SOMETHING THAT WE'RE, WE'RE, WE'RE HAPPY TO DO. 
          TWO, WE HAVE THE BUFFER WITH THE FOR SALE, UH, TOWN HOME LOTS. 
          THREE, WE HAVE OUR RENTAL TOWN HOMES. 
          THERE WAS A QUESTION ABOUT HOW ARE THOSE GONNA LOOK? ARE THEY GONNA BE DIFFERENT? ARE THEY GONNA BE MAYBE CHEAPER THAN THE FOR SALE? AND THE ANSWER IS ABSOLUTELY NO. 
          WE'VE DONE THIS BEFORE. 
          THE SQUARE FOOTAGE OF THESE RENTAL TOWN HOMES WILL BE APPROXIMATELY 2000 FEET. 
          AND WE THINK THERE IS AN ABSOLUTELY A MARKET FOR THIS. 
          THEY'RE 
          [03:05:01]
GONNA BE GREAT. 
          90% MASONRY. 
          THEY'RE GONNA BE JUST AS GOOD AS THE FOUR SALE QUALITY TOWN HOMES. 
          I ASSURE YOU. 
          UH, AS YOU'VE WORKED YOUR WAY FURTHER TOWARDS MIDWAY, YOU CAN SEE NOW WE STEP UP TO JUST A FOUR STORY BUILDING AS OPPOSED TO FIVE, AGAIN, CREATING THAT BUFFER. 
          AND WHAT'S UNIQUE ABOUT THESE BUILDINGS AND WHAT'S UNIQUE ABOUT THIS PART OF THE SITE IS LOOK HOW YOU WOULD SAY POROUS IT IS AND THE CONNECTIVITY. 
          SO WE REALLY FOCUSED ON HAVING ALL THIS ABILITY TO GO FROM THE TRAILS BACK BEHIND TO MIDWAY AND NOT HAVING THIS SUPER BLOCK OR THIS MASSIVE BUILDING THAT GETS IN THE WAY. 
          SO WE HAVE ALL THESE POINTS OF CONNECTION, INCLUDING THIS GREEN BELT IN THE CENTER, WHICH WE'RE NOT DEDICATING TO THE CITY, BUT WE'RE HAVING IT AS OPEN, OPEN SPACE. 
          AND I THINK THAT IS REALLY SMART PLANNING AND IT WAS SOMETHING THAT STAFF WAS, WAS REALLY PUSHING US TO DO. 
          AND WE THINK THIS WILL WORK WELL AND WE WANT IT TO FEEL THAT WAY. 
          YOU CAN REALLY SEE WE HAVE ALMOST 1100 FEET OF LINEAR FOOTAGE ON MIDWAY AND WE WANT IT TO BE SPECIAL. 
          SO HERE'S WHERE THE EXISTING OPEN SPACE IS IN GREEN, IF YOU LOOK ON THE LEFT AND ON THE RIGHT IS WHAT IS PROPOSED. 
          NOW, A LOT OF TIMES IN THESE MEETINGS, NUMBERS GET THROWN AROUND IN PERCENTAGES AND OPEN SPACE IS NEAR AND DEAR TO US. 
          OUR RESIDENTS LOVE IT. 
          AND SAYING THAT WE'RE GONNA GO FROM 12% OPEN SPACE TO 25 IS WONDERFUL, BUT IT'S NOT JUST THE PERCENT, IT'S THE LOCATION AND THE USE OF THE OPEN SPACE. 
          SO IF YOU LOOK ON THIS SITE AND YOU CAN SEE THE EXISTING CONDITION WHERE THAT GREEN IS, THAT'S THE EXISTING LITTLE DETENTION AREA OUT THERE. 
          YOU'VE ALL SEEN, I MEAN, LOOK, WHO'S KIDDING, WHO, NOBODY USES THAT. 
          THAT'S NOT REAL GREAT OPEN SPACE. 
          IT'S BURIED IN THE MIDDLE OF THE SITE, BUT IT'S, IT COUNTS AS OPEN SPACE. 
          NOW HOW WE'RE DISTRIBUTING THIS WITH THE PARK AND ESPECIALLY THE CONNECTIVITY ALONG MIDWAY IS SOMETHING THAT'S VERY IMPORTANT. 
          AND THEN WHAT GOES WITH OPEN SPACE TREES? AND WE WERE PUSHED AND I'M GLAD THAT WE WERE ABLE TO INCREASE OUR TREE MITIGATION COUNT, BUT IT STILL REALLY PAINS ME THAT I KNOW WE CAN'T, CAN'T SATISFY EVERYBODY. 
          AND THE THE NATURE OF THIS DEVELOPMENT IS THAT WE HAVE TO, UH, TAKE DOWN SOME TREES. 
          UH, THERE'S 74 TREES ON SITE. 
          WE'RE SAVING 21, BUT WE'RE PLANTING 200 NEW TREES AND WE'RE GONNA TRANSPLANT A SIGNIFICANT TREE, WHICH YOU CAN SEE ON THE BOTTOM RIGHT THERE. 
          AND THAT'S AT A COST OF OVER $150,000. 
          AND IF ANYBODY WANTS TO SEE IT, YOU CAN SEE IT IN ACTION. 
          'CAUSE WE'VE ALREADY DONE IT ON TREE HOUSE ONE WHERE WE RELOCATED THREE SIGNATURE TREES. 
          AND THIS IS IMPORTANT. 
          UM, THAT IS THE TREE PLAN. 
          LET ME MENTION ONE LAST THING THAT I THINK IS ALSO CRITICAL. 
          WHEN I MENTIONED THE PLACEMENT MIDWAY, WE WANT TO SEE MORE TREES ALONG MIDWAY. 
          SO A BIG PART OF OUR MITIGATION PLAN THAT WE ACTUALLY ENHANCED FROM WHEN WE WERE ORIGINALLY APPROVED ON TREEHOUSE ONE. 
          AND WHAT WE'RE GONNA DO HERE IS ALIGN THE EXISTING MIDWAY, THE ENTIRE FRONTAGE, UH, WITH SIX INCH CALIPER, WHICH IS LARGER TREES THAN PROBABLY WOULD EXIST IN THE MEDIAN TODAY. 
          LIVE OAKS THAT RUN THE ENTIRE LENGTH. 
          AND I THINK THAT'S GONNA BE VERY HELPFUL TO HELP THAT SIDEWALK AND, AND JUST THE PRESENCE. 
          ANOTHER SLIDE ON TRAFFIC. 
          AGAIN, I'M NOT GONNA DWELL ON THE NUMBERS, I'M JUST GONNA COMMENT ON, WHEREAS YOU SEE A REDUCTION OF TRAFFIC, THE QUESTION WAS ASKED. 
          WE KNOW, WE KNOW WHAT THE EXISTING CONDITION IS, EVEN THOUGH THE TRAFFIC MODELS AND THE GENERATORS SAY IF THIS WERE TO STAY AT 60,000 FEET, WE'RE GONNA GENERATE 2,400 CARS LESS PER DAY. 
          WHICH SOUNDS SIGNIFICANT. 
          THERE'S NOT MANY CARS GOING THROUGH THERE 'CAUSE THERE'S NO TRAFFIC, THERE'S NO VIBRANCY, THERE'S NOTHING GOING ON. 
          BY THE WAY, WE HAD THE EXACT SAME CALCULATION ON ON TREEHOUSE ONE WHEN THAT WAS OVER 200,000 SQUARE FEET OF OFFICE. 
          AND WE WERE SHOWING EVERYBODY, WELL LOOK, IF EVERYBODY WAS IN THAT OFFICE, IT WOULD HAVE A TON MORE TRAFFIC THAN WE HAVE. 
          WHAT'S REALLY HELPFUL, AND WHEN YOU THINK ABOUT TRAFFIC, IT'S NOT JUST THE FACT THAT ADDISON SPENT 40 MILLION TO REDO MIDWAY AND TO IMPROVE IT WAS ALL THESE ENTRY POINTS ALONG MIDWAY THAT HELPS DISPERSE. 
          WE HAVE 600 UNIT COMMUNITIES THAT ONLY HAVE ONE OR TWO WAY OUT. 
          MATTER OF FACT, WE HAVE A WHOLE SUBDIVISION BACK BEHIND US THAT HAS TO USE BELTWAY TO GET OUT TO MIDWAY, RIGHT? THINK ABOUT THE NUMBER OF HOMES THERE. 
          AND WE HAVE FIVE ACCESS POINTS AND THREE WRITE-INS WRITE OUTS. 
          THIS IS REALLY, I'M TELLING YOU, GONNA BE A A, A, A NON-ISSUE BECAUSE OUR RESIDENTS ARE GONNA LEARN TO GO WHERE THEY WANT TO GO AS THEY'RE TRYING TO EXIT THE SITE. 
          AND THEY HAVE SO MANY OPTIONS. 
          SO LET ME, UM, LET ME WRAP THIS UP. 
          UM, HERE ARE THE BENEFITS. 
          UM, WE'RE JUST SO 
          [03:10:01]
PLEASED THAT WHEN WE, WHEN WE STARTED THIS PROCESS, WE KNEW WE HAD TO GO SEE STAFF AND WE KNEW WE HAD TO GET THEIR SUPPORT AND WE HAVE THEIR SUPPORT. 
          AND YOU CAN SEE THE HEAVY HAND THAT THEY PLAYED IN COMING UP AND CRAFTING THIS PLAN AND THE DENSITY. 
          BUT I ALSO KNEW WE NEEDED TO GO AND REALLY VISIT WITH THE HOAS, ESPECIALLY TOWN LAKE. 
          THEY'RE OUR NEIGHBOR. 
          UH, THEY'RE OUR NEIGHBOR ON PHASE ONE, BUT THEY'RE DIRECTLY IMPACTED HERE ON PHASE TWO AND HAVING THE COMMUNITY MEETINGS AND THE OUTREACH WITH THEM. 
          CONSTRUCTION IS HARD HOURS OF OPERATION, WORKING, GETTING THIS ALL DONE. 
          YOU KNOW, I SAID IT WHEN WE DID ADDISON. 
          ONE, IT'S NOT EASY AND WE WANT TO CONTINUE TO BE A GOOD PARTNER AND A GOOD NEIGHBOR. 
          UH, BUT I'M VERY DELIGHTED THAT I BELIEVE WE HAVE LOTS OF, LOTS OF FOLKS IN TOWN LAKE THAT HAVE SUPPORTED US. 
          UH, WE GOT P AND Z SUPPORT NOW. 
          WE HOPE OBVIOUSLY FOR COUNCIL SUPPORT. 
          UM, GETTING 200 NEW TREES PLANTED IN THE RIGHT SPOT IS GONNA BE A BIG HELP. 
          UH, WE'VE BEEN THROUGH THAT. 
          WE KNOW THAT OUR FUTURE RESIDENTS ARE GONNA SUPPORT LOCAL BUSINESSES. 
          WE KNOW WE HAVE THE HOUSEHOLD INCOMES THAT WE'RE TARGETING AND THAT THIS IS GONNA CONTINUE TO SPUR ON MORE REDEVELOPMENT ALONG MIDWAY PROPERTY TAXES. 
          AGAIN, WHEN THIS 600 UNIT COMMUNITY IS COMPLETE, WE'RE GONNA HAVE INVESTED WELL OVER $200 MILLION. 
          THAT'LL BE AN ADDITIONAL MILLION MILLION THREE OF TAX REVENUE TO THE TOWN. 
          AND THINK ABOUT THE MEETING BEFORE WHEN WE'RE TALKING ABOUT TIFFS AND TOURS AND HOW WE'RE GONNA PAY FOR THINGS. 
          THIS IS EXTREMELY IMPORTANT FOR THIS TYPE OF REDEVELOPMENT. 
          AND THAT'S JUST ON THE TAXES. 
          WHEN YOU REALLY FOCUS ON WHAT ELSE OUR RESIDENTS ARE BUYING AND DOING AND KEEPING THAT MONEY HERE. 
          THAT IS, THAT IS IVAX SCHEDULE. 
          ANOTHER WAY THAT THIS IS, THIS IS WORKING FOR US AND WHY I AM SO APPRECIATIVE OF THE TIME AND TRYING TO WORK THROUGH THIS QUICKLY IS THAT WE DO HAVE A SHOT TO HAVE THIS AS ONE COHESIVE DEVELOPMENT. 
          IF WE HAVE DELAYS OR GET PUSHBACK FURTHER, WE'RE GONNA POSSIBLY END UP WITH TWO, TWO VERY DISTINCT PHASES. 
          AND WHERE WE ARE WITH THE CONSTRUCTION ON PHASE ONE, WE, WE INTEND, UH, IF WE CAN RECEIVE ZONING APPROVAL CLOSE IN AUGUST, THAT WE WOULD START DEMO LATE FOURTH QUARTER AND THEN WE'RE APPROXIMATELY TWO YEARS, 24 MONTHS TO FIRST CO AND THREE YEARS TO FINISH THE PROJECT. 
          THAT MEANS THE TRAIL WOULD BE OPENING SOMETIME IN THE THIRD OR FOURTH QUARTER OF 27 AND WE'D BE WRAPPING IT UP IN THE END OF 27. 
          NOW LEMME MAKE ONE LAST UH, COMMENT TOO 'CAUSE I I KNOW IT'S GONNA BE A QUESTION. 
          AND THAT IS, UM, THE SENSITIVITY ABOUT THE LOCAL, UH, THE BUSINESS OWNERS THAT ARE THERE. 
          I WILL TELL YOU THE MCCUTCHEN FAMILY HAS GONE ABOVE AND BEYOND TO TRY AND WORK WITH A LOT OF THOSE BUSINESS OWNERS TO, UH, RELIEVE RENT, TO WORK OUT AMENDMENTS. 
          BUT WHAT WAS CRITICAL TO US, 'CAUSE WE HAVE DONE THIS BEFORE WE'VE BEEN IN THIS POSITION, IS THAT YOU HAVE TO TELL THEM, YOU HAVE TO WORK WITH THEM AND GIVING THEM THE PROPER NOTICE. 
          SO IF THEY WANNA RELOCATE THEIR BUSINESS, THEY HAVE THE OPPORTUNITY TO DO SUCH. 
          AND THAT'S WHAT WE'VE BEEN DOING. 
          AND SO EVERY TENANT OUT HERE, THERE'S 12 HAS BEEN NOTIFIED. 
          THEY HAVE AMENDED THEIR LEASES, UH, TO ACCOUNT FOR THE REDEVELOPMENT OF THE SITE. 
          AND IF ANY OF 'EM WOULD LIKE TO BE PART OF OUR NEW RETAIL, WE ABSOLUTELY WOULD LIKE THEM TO JOIN US. 
          THE ISSUE IS, IS IT'S NOT GONNA BE HERE FOR A COUPLE YEARS. 
          THEY HAVE HAVE TO LIVE TO THIS TIME DURATION, BUT WE'RE GONNA BE ACTIVELY SEEKING RETAIL TENANTS FOR THE 12,000 FEET. 
          SO WITH THAT, I'M SURE THERE'S LOTS OF QUESTIONS AND I'LL FINISH, UH, I'LL FINISH AS PART OF THEIR PRESENTATION. 
          THANK YOU TAYLOR. 
          QUESTIONS, BEN? YEAH, I'D LIKE TO JUST SORT OF THANK THE TOWN STAFF. 
          I WAS SITTING HERE READING THROUGH THE PRESENTATION AND DIGGING INTO, I THINK I'M ON PAGE 306 OF 425 PAGES. 
          UM, IN SITTING HERE LOOKING AT CHEWY'S, TAQUERIA, VENTANA, THE LONDONER NATE'S SNUFFERS LETTERS OF SUPPORT THAT CAME IN FROM BUSINESSES THAT ARE EVEN ON BELTLINE. 
          UM, IT'S, IT'S, IT'S SO IMPRESSIVE TO KNOW THAT THE INVESTMENT'S COMING BECAUSE THESE ARE FOLKS THAT, LIKE YOU'VE SAID, ARE RELYING ON LOCAL BUSINESS. 
          THEY'RE GONNA BE ATTENDING RESTAURANTS, CELEBRATIONS, BIRTHDAY PARTIES, SO TO TOWN STAFF AND TO LEY. 
          THANK YOU FOR TAKING THAT TIME TO OFFER THIS UP FOR THOSE BUSINESSES TO BE A PART OF THE SOLUTION. 
          MORNING. 
          THANK YOU, UH, TAYLOR, THANKS FOR BEING HERE AND APPRECIATE, APPRECIATE WHAT YOU'RE DOING. 
          UM, I THINK SOME OF OUR RESIDENTS WOULD LIKE SOME, SOME JUST GENERAL INFORMATION ABOUT THE DEVELOPMENT. 
          AND ONE OF THE QUESTIONS I HAVE, IF YOU CAN ANSWER IS LIKE, WE'VE GOT 132, UM, SINGLE APARTMENTS, ONE UNIT APARTMENTS, AND CAN YOU GIVE US AN IDEA LIKE THE SQUARE FOOTAGE, UH, AVERAGE SQUARE FOOT RENT THAT WOULD COME WITH THAT? YEAH. 
          SO TYPE OF RENTER THAT, THAT WOULD BE NO GOOD QUESTION. 
          SO BY HAVING A PHASE TWO, 
          [03:15:01]
WHAT THIS ALLOWED US TO DO IS ACTUALLY BROADEN OUR UNIT AVAILABILITY. 
          SO WE ARE GONNA INTRODUCE A, A KIND OF A, CALL IT A, A ONE BEDROOM, A SMALLER IN THE SIX 50 SQUARE FOOT RANGE. 
          AND THAT WOULD BE KIND OF STARTING IN THE $1,800 A MONTH, UH, SIMILAR TO WHAT YOU WOULD SEE AT OUR AMELIA ADDISON ONE. 
          AND THEN WHAT'S UNIQUE IS NORMALLY WE WOULD STOP AROUND THE, THE LARGER TWO BEDROOMS, WHICH WOULD GET US IN MAYBE THE 1200 SQUARE FOOT RANGE, BUT HERE WITH THE RENTAL TOWN HOMES, WE'RE GOING ALL THE WAY UP TO 2200 SQUARE FEET. 
          SO IT'S A MUCH WIDER GAMBIT. 
          AND THOSE RENTS COULD BE IN EXCESS OF $4,000 A MONTH. 
          THANK YOU. 
          AND, AND AS FAR AS THE COMBINED SITE PLAN, PHASE ONE AND TWO, UH, I KNOW WE'RE TALKING A LOT ABOUT CALIPERS, BUT, UH, CALIPER INCHES CAN, DO YOU HAVE AN IDEA OF HOW MANY, UH, TREES WOULD, WOULD BE ON THIS SITE? UH, THE COMBINED SITE PLANT COMBINED, UH, I SWEAR I WAS GONNA PUT THAT TO MEMORY. 
          UH, ROBERT, WE WE'RE 200 TREES ON THIS SITE AND WE'RE 400 IN THE, I THINK WE'RE 600 TREES. 
          I THINK WE'RE ROUGHLY 600 TREES. 
          OKAY. 
          I THINK THAT GOES, I'LL GET YOU THE RIGHT NUMBER. 
          I THINK IT'S OVER 600 TREES. 
          THAT'S, THAT'S CLOSE ENOUGH. 
          I, I, YOU KNOW, THERE'S BEEN A LOT OF, UH, TALK ABOUT TREES IN THIS TOWN AND SO I THINK OUR RESIDENTS, UH, ARE ARE VERY EXCITED TO HEAR, HEAR THAT. 
          UM, AND THEN THE, THE FINAL QUESTION I HAVE IS ON THE RETAIL. 
          UM, IT APPEARS YOU'VE GOT TWO DIFFERENT STRUCTURES THERE ON THE SOUTHWEST CORNER OF BELTWAY BELTWAY AND, UH, MIDWAY. 
          AND SO IT, IT APPEARS THAT, UM, THE, THE PLAN IS TO DEMOLISH THE CURRENT RETAIL AND REBUILD, UH, TWO BRAND NEW STRUCTURES. 
          THAT THAT IS CORRECT. 
          HERE, BEAR WITH ME. 
          I'M SORRY. 
          THERE'S SOME IMAGERY OF THE RETAIL THAT WE'RE, WE'RE GONNA BE LOOKING TO, TO, TO REDEVELOP THERE. 
          BUT THE SHORT ANSWER IS YES, THOSE BUILDINGS WOULD BE DEMOLISHED, TORN DOWN. 
          AND FOR US, HERE ARE SOME OF THE KEY THINGS ON RETAIL. 
          IT'S BAY DEPTH, IT'S CEILING HEIGHT. 
          THE EXISTING RETAIL REALLY DIDN'T LEND ITSELF WELL TO WHAT YOU WOULD NEED FOR THE FUTURE. 
          AND SO WE NEED TO ADDRESS BOTH OF THOSE ISSUES. 
          UH, TO HAVING THE PLAZA IN THE MIDDLE ALLOWS A LOT MORE OPPORTUNITY AND FLEXIBILITY FOR NOW RESTAURANTS TO USE THE CORNERS AND HAVE OUTDOOR. 
          ONE OF THE CHALLENGES THOUGH, FOR US, BECAUSE ALL SIDES OF OUR RETAIL MM-HMM,  ARE VISIBLE, RIGHT? SO WE REALLY DON'T HAVE A GREAT BACK SERVICE OR LOADING AREA. 
          SO THAT'D BE SOMETHING WHERE WE'RE GONNA HAVE TO PUT SOME OF THOSE SERVICES WITHIN THE RETAIL STRUCTURE ITSELF TO TRY AND HIDE THEM AND, AND GET GOOD WITH THAT. 
          BUT THIS IS ABSOLUTELY THE, THE, THE LOOK WE'RE GOING FOR. 
          VERY GOOD. 
          THANK YOU. 
          ANY OTHERS? I HAVE A QUESTION. 
          UM, YOU MENTIONED 200 MILLION OF NEW DEVELOPMENT THAT'S BOTH PHASES? BOTH PHASES. 
          THAT'S CORRECT. 
          SO THE, WHEN WE'RE TALKING ABOUT WHAT WE'RE, WE'RE REPLACING IS, UH, $8 MILLION VALUE ON PHASE TWO, WHAT WAS THE VALUE ON PHASE ONE? IT WAS ABOUT THE SAME 8 MILLION ON EACH ONE. 
          YEAH, SO FROM 16 TO 200. 
          UM, THE, THE OTHER QUESTION I HAVE, I'M VERY SENSITIVE TO THE BUSINESSES AND I'VE HEARD THEY'RE NOISY. 
          I'VE HEARD PEOPLE DON'T CARE FOR THE BUSINESSES OR THE WAY IT LOOKS, BUT IT'S STILL THEIR BUSINESS AND IT'S THEIR LIVELIHOOD. 
          AND SIX OF THEM ARE MINORITY BUSINESSES. 
          AND I WENT TO VISIT WITH THEM BECAUSE I HAD PROBLEMS WITH MY OWN BUSINESS WITH REDEVELOPMENT RENT, WELL, ACTUALLY THE LBJ EXPANSION. 
          SO THEY WENT THROUGH COVID AND THEY WENT THROUGH, UM, MIDWAY BEING TORN UP. 
          AND NOW THAT THAT'S BEHIND THEM AND YOU'RE PUTTING IN 4, 450 UNITS, UM, WITH PHASE ONE, THEIR, THEIR BUSINESSES ARE GONNA GET WIPED OUT. 
          AND I'M SENSITIVE TO IT BECAUSE IT'S THEIR LIVELIHOOD. 
          SO IT SEEMS TO BE KIND OF, I, I DON'T KNOW, NOT A LOT OF ATTENTION BEING PAID TO THAT. 
          AND I THINK IT DESERVES MORE ATTENTION THAN JUST THEY CAN RELOCATE OR MCCUTCHEN TOOK CARE OF 'EM BECAUSE COVID AND, UM, MIDWAY BEING TORN UP HURT THOSE BUSINESSES PRETTY BAD. 
          SO MCCUTCHEN DID A GREAT THING TO HELP THEM, BUT IT ALSO HELPED MCCUTCHEN. 
          I FEEL LIKE THE REASON THEY'RE IN THE CONDITION THEY'RE IN IS BECAUSE MCCUTCHEN HASN'T KEPT THEM UP. 
          OOH, I'M JUST SENSITIVE. 
          SO I WOULD LIKE TO HEAR MORE ABOUT HOW THOSE BUSINESSES, I WAS GONNA ASK YOU SOMETHING I KNOW YOU CAN'T DO. 
          COULD YOU COMPLETE PHASE ONE, LET 'EM MOVE INTO PHASE ONE AND THEN DO PHASE TWO, BUT YOU HAVE TO DO IT ALL TOGETHER, IS THAT RIGHT? I NEED TO, YES, ABSOLUTELY. 
          WE NEED TO DO IT ALL TOGETHER. 
          AND PLUS, UM, I APPRECIATE YOU SAYING YOU VISITED WITH THEM WHEN WE VISITED THEM WITH AS WELL AND OFFERED THEM THAT KIND OF OPPORTUNITY. 
          SOME OF THE RESPONSE WE RECEIVED WAS THAT THEY WERE NO LONGER INTERESTED IN EVEN CONTINUING AT THE EXISTING SITE. 
          UM, SO LOOK, I I CAN'T SPEAK FOR THE RETAILERS. 
          I CAN JUST TELL YOU THE ACTIONS THAT WE TOOK AND THAT I APPRECIATE YOUR POINT AND THAT WE ABSOLUTELY ADDRESSED IT HEAD ON AND TOLD 'EM EXACTLY WHAT OUR, OUR PLANS ARE. 
          AND IF TY STAR, IF SOMEBODY LIKE THAT WOULD LIKE TO COME BE 
          [03:20:01]
PART OF THE SECOND DEVELOPMENT, WE'D LOVE TO HAVE 'EM. 
          TRUTH IS, THERE'S A LOT OF OTHER LOCATIONS IN ADDISON THAT I WOULD HOPE THEY WOULD, THEY WOULD GO TO AS WELL. 
          UM, BUT WE, WE WANT THAT RETAIL TO BE SUCCESSFUL AND WE WANT TO ATTRACT. 
          YEAH, I WANT IT TO BE SUCCESSFUL AS WELL. 
          AND BY THE WAY, I THINK YOU DO A REMARKABLE JOB. 
          I'M NOT CRITICAL, I THINK AM LEE, WHAT I'VE SEEN IS GREAT AND UH, I THINK YOU'RE A GREAT CORPORATE CITIZEN. 
          I'M NOT TRYING TO BE NEGATIVE, I'M JUST WORRIED ABOUT IT. 
          OURS PEOPLE AND THEIR LIVELIHOOD AND I DID TALK TO THEM AND SO NO ONE TOLD ME THEY WERE HAPPY ABOUT IT, BUT I DIDN'T GET TO SPEAK TO ALL OF 'EM. 
          SO I'M NOT SURE. 
          BUT THANK YOU OTHERS, CHRIS, JUST TO COMMENT, I APPRECIATE ALL YOU'VE DONE TO, YOU KNOW, COME TO THE TOWN, SIT AT THE TABLE, LISTEN TO OUR VISION, AND TRY TO COME UP WITH SOMETHING THAT WORKS FOR YOU AND FOR US. 
          I APPRECIATE THE EFFORT TO SAVE SOME THE TREES. 
          UM, I THINK IT'S A GREAT DESIGN AND, AND, UM, I'M EXCITED. 
          SO THANK YOU FOR BRINGING IT FORWARD. 
          TAYLOR, THANKS FOR THE, UH, PRESENTATION. 
          WERE YOU DONE, CHRIS? YES. 
          OKAY. 
          UM, YEAH, THANK YOU. 
          REALLY GOOD PRESENTATION. 
          UM, IS, ARE THERE, DO YOU HAVE ANY, UH, TOWNHOME DEVELOPERS THAT YOU'VE, UH, GOT LINED UP FOR EITHER PHASE YET OR CONSIDERING THE, THE ONE OUR NEIGHBOR  IS CLEARLY SOMEBODY THAT WE TALK TO ALL THE TIME. 
          OKAY. 
          UH, SO LOOK, HERE'S THE, SOME OF THE, THE, UH, INFORMATION FROM THE TOWN HOME GUYS THAT YOU MAY FIND INTERESTING. 
          UH, YOU KNOW, CURRENT MARKET CONDITIONS ARE SLIGHTLY MORE CHALLENGING. 
          THEY WERE, YOU KNOW, DURING THE HEIGHT AS WE ALL, AS WE ALL KNOW, UH, TWO WITH THE FINANCING, UH, CONSTRAINTS THAT ARE NOW MAYBE OUT THERE. 
          UM, TAKING DOWN ALL THE TOWNHOMES AT ONCE, MEANING, YOU KNOW, THE 26 ON THIS SITE AND THE 30 ON OUR PHASE ONE IS A LOT, YOU KNOW, FOR SOMEBODY. 
          AND SO THEY'D LIKE TO HAVE MORE OF A PHASED AND SEQUENCE TOWN TOWNHOME LOT DELIVERY AND THE FACT THAT WE'RE DELIVERING THE LOTS AND WE HAVE AN OBLIGATION TO ADDISON TO SELL THOSE LOTS TO A FAIR SALE DEVELOPER AT A CERTAIN TIME SO THAT WE ENSURE THAT THAT GETS DONE WE'LL THEN DOVETAIL WITH OUR PHASE ONE. 
          SO THE TOWN HOMES THAT ARE ACTUALLY GONNA DEVELOP FIRST ARE ON THE BOTTOM RIGHT AND THEN WE'LL SEQUENCE TO THE PHASE TWO. 
          AND THAT'S WHERE THE CONNECTION POINT WILL BE. 
          AND CLEARLY, UH, COBALT'S BEEN A, A, A, YOU KNOW, A GREAT NEIGHBOR AND THEY WOULD OBVIOUSLY BE SOMEBODY VERY INTERESTED IN THAT. 
          I JUST DIDN'T WANT EVERYBODY TO THINK THEY WOULD GO FROM COBALT TO PHASE TWO TO PHASE ONE. 
          'CAUSE THERE WILL BE A BREAK IN TIME IN THERE AS WE'RE TRYING TO GET THE SITE WORK DONE. 
          VERY GOOD, THANK YOU. 
          AND, UM, AND IF, IF I REMEMBER THERE'S, THERE'S NOT NO ACCESS BETWEEN PHASE TWO AND TOWN LAKE, RIGHT? THE WALL STAYS UP AND WALL STAYS. 
          CORRECT. 
          OKAY. 
          AND THEN, UH, I THINK THE LAST THING I HAD ON THE RETAIL, DO YOU ALL MANAGE THAT YOURSELF LONG TERM AB ABSOLUTELY. 
          OKAY. 
          I FAILED TO MENTION WE HAVE CLOSE TO HALF A MILLION SQUARE FEET OF RETAIL IN OUR PORTFOLIO. 
          WE HAVE A WHOLE RETAIL DISTRICT IN DOWNTOWN AUSTIN. 
          WE HAVE IN-HOUSE RETAIL EXPERTISE, UH, THAT IS HERE. 
          AND I WILL TELL YOU, WE'VE ALREADY BEEN IN THE MARKET AND WE'VE ALSO BEEN IN THE MARKET AS YOU KNOW, UH, TALKING ABOUT THE COTTON BELT REDEVELOPMENT AS WELL. 
          SO RETAIL IS VERY CRITICAL TO GET RIGHT IN BOTH DEVELOPMENTS. 
          UH, BUT HERE WE WILL ABSOLUTELY MANAGE AND LEASE THIS NOW IF WE COULD HIRE THIRD PARTY BROKERS TO ASSIST. 
          BUT REALLY IT'S SOMETHING THAT WE'RE GONNA BE ASSET MANAGING TIGHTLY. 
          VERY GOOD, THANK YOU. 
          ANY OTHERS? YES, MAYOR, I DO HAVE A QUESTION. 
          SURE. 
          DARREN. 
          THANK YOU TAYLOR AND LEY TEAM. 
          UH, YOU GUYS ARE DOING A GREAT JOB OF, OF FOLLOWING, UH, THE DESIRES OF THE COMMUNITY, OF THE TOWN'S DIRECTION, UM, INCREASING THE TREES THAT YOU'RE MITIGATING AND, UM, THE GREEN SPACE ARE, IT'S, IT'S REALLY A GOOD, UH, GOOD PROJECTS. 
          UM, I'M CURIOUS ABOUT THE ELEVATORS, UH, THAT YOU MENTIONED THAT MAKE IT, UH, MORE SENIOR FRIENDLY IN THE HOUSING POLICY. 
          IT DOES, UH, MENTION, UH, SENIOR, UH, SENIOR HOUSING. 
          SO HOW DOES THAT MAKE IT MORE SENIOR FRIENDLY? UH, GOOD QUESTION. 
          I, THOSE ARE ACTUALLY GOOD DETAILS. 
          LET ME TELL YOU A LITTLE MORE ABOUT THE, THE FOUR STORY BUILDING. 
          SO HERE ARE SOME UNIQUE FEATURES, UH, UH, IN ADDITION TO NOT BEING ALL CONNECTED OR A MASS BUILDING, UH, BY BREAKING UP THE TWO, FOUR STORY BUILDINGS, UH, THOSE L SHAPES. 
          AND THEN THE ONE BETWEEN PHASE TWO AND PHASE ONE IS THE TUCK UNDER GARAGES. 
          AND WE LOVE HAVING THOSE THAT'S SOUGHT AFTER. 
          IT'S NOT SOMETHING YOU TYPICALLY GET IN THE MORE WRAPPED TYPOLOGY OF BUILDINGS. 
          UH, SO ONE, YOU GET PRIVATE GARAGES THAT HAVE DIRECT ACCESS INTO YOUR CORRIDOR. 
          TWO, UH, ELEVATORS IS SOMETHING THAT WE SEE. 
          UM, UH, IN THE OLD DAYS WE WOULD HAVE FOUR STORY BUILDINGS THAT SOMETIMES DID NOT HAVE ELEVATORS AND IT WAS HARD FOR PEOPLE NAVIGATING AND WALKING THE STAIRS. 
          SO, UM, HAVING THAT IS SOMETHING 
          [03:25:01]
THAT IT HELPS. 
          WE'RE JUST SEEING IN OUR GENERAL DEMOGRAPHIC, I THINK ABOUT 50% OF OUR, OUR RESIDENTS ARE 35 AND OLDER, AND WE HAVE A GROWING CONTINGENT WITHIN OUR AMLI PORTFOLIO, UH, THAT'S OVER, UH, 55 YEARS OLD. 
          AND THAT'S A MARKET THAT WE THINK WILL BE VERY, UM, ATTRACTIVE, UH, IN, IN ADDISON. 
          SO IT'S ELEVATORS, IT'S ATTACHED GARAGES, IT'S WIDE HALLWAYS, EVERYTHING OBVIOUSLY IS FOR HOUSING A DA ACCESSIBLE, UH, BUT THOSE ARE JUST SOME, SOME FEATURES IN ADDITION TO EVERYTHING BEING LEAD CERTIFIED THAT WE HAVE, UH, THAT I THINK WILL HELP CATER TO THAT MARKET. 
          THANK YOU. 
          TAYLOR. 
          AND THE WALL, YOU MENTIONED THAT MAYOR MENTIONED, UH, IN BETWEEN TOWN LAKE. 
          UH, WHAT, WHAT WAS THE, WHO MADE THE DECISION ON THAT? WAS IT TOWNS, TOWN LAKE'S DECISION OR DID THEY HAVE A SAY IN IT? LOOK, UM, THEY ABSOLUTELY HAD A SAY, SAY IN IT. 
          IT'S A SUBSTANTIAL WALL. 
          UH, AND IF OPINIONS CHANGE, UH, WE WANNA BE GOOD NEIGHBORS, BUT I BELIEVE THAT THE TOWN LAKE WOULD, LIKE THE HOMEOWNER ASSOCIATION WOULD LIKE TO KEEP THE WALL THE WAY IT IS AND NOT HAVE A, AN ACCESS POINT THROUGH THE WALL. 
          OKAY. 
          AND JUST, UH, OVERALL COMMENT, I, UM, I SAW THE PACKET WHEN IT FIRST CAME OUT, AND, UH, THE NUMBER OF LETTERS, UH, THE WORK THAT YOU GUYS DID TO REACH OUT TO COMMUNITY, IT'S REALLY, UH, REALLY IMPRESSIVE. 
          IT'S ABOVE AND BEYOND. 
          IT ANSWERS A LOT OF MY QUESTIONS AND A LOT OF MY CRITERIA IS IF THE IMMEDIATE NEIGHBORS, UM, ARE, YOU KNOW, VERY POSITIVE ABOUT THE DEVELOPMENT, THEN THAT SAYS A LOT TO ME. 
          AND IT SAYS PROBABLY THE MOST TO ME. 
          UM, SO I'M, I'M VERY MUCH IN FAVOR OF THIS, UH, ALL THE BUSINESS FEEDBACK AS WELL. 
          UM, AND, UH, JUST CHECKING ALL THE DIFFERENT BOXES FOR IT TO COMPLETE THIS PART OF, OF MIDWAY. 
          I THINK IT'S A, JUST A HUGE UPGRADE FROM WHAT'S THERE. 
          AND I THINK IT DOES FIT THE PLAN FOR THE WHOLE AREA. 
          SO DEFINITELY, DEFINITELY A FAN OF THIS. 
          OKAY. 
          THANK YOU DARREN. 
          ALRIGHT, WITH THAT, UH, WE WILL GO AHEAD AND GO INTO THE, UM, PUBLIC COMMENT SECTION. 
          THANK YOU, TAYLOR. 
          THANK YOU. 
          I'M SURE YOU CAN STAND BY. 
          VERY GOOD. 
          UH, WE WILL OPEN THAT PUBLIC, UH, PUBLIC HEARING ON THIS ITEM OPPORTUNITY FOR FOLKS TO ADDRESS THE COUNCIL ON THIS ITEM. 
          AND I HAVE A NUMBER OF PUB, UH, COUNCIL APPEARANCE CARDS, SO I WILL CALL THOSE IN THE ORDER THAT THEY WERE HANDED TO ME. 
          FIRST ONE I'M GOING TO, UH, JUST ANNOUNCE IS ONE THAT, UH, WANTED TO, UM, DID NOT WANT TO SPEAK, AND THAT'S SAM, UH, CARLES. 
          AND, UH, WANTED TO, UH, WANTED TO, UH, RECORD, UH, SUPPORT FOR THIS ITEM. 
          THAT'LL BE SAM, BUT HE DID NOT, DID NOT WANT TO SPEAK. 
          AND THEN THE FIRST ONE I HAVE, UH, TO SPEAK WILL BE, UH, MARVIN PEREZ IF YOU COME FORWARD AND GIVE YOUR, UH, NAME AND ADDRESS FOR THE RECORD AND YOU HAVE UP TO THREE MINUTES. 
          THANK YOU MR. MAYOR AND THANK YOU COUNCIL MEMBERS. 
          UM, I LIVE IN 1 4 8, 9, 9 TOWN LAKE CIRCLE, YOU KNOW, UH, WHEN I LOOKED AT THIS PROJECT, AND YOU LOOK INITIALLY AT WHAT'S BEHIND US AND, AND, AND, AND, UH, TOWN LAKE. 
          YEAH. 
          YOU KNOW, IT MAKES SENSE. 
          IT'S GONNA IMPROVE THE AREA. 
          HOWEVER, WHEN I CONSIDER IT FROM ANOTHER POINT OF VIEW, I GUESS I SHOULD SAY CONGRATULATIONS TO AMLI BECAUSE THEY ARE SINGLE HANDEDLY IN ADDISON CONVERTING IT INTO A CITY THAT IS COMPOSED OF NOMADS. 
          PEOPLE THAT COME HERE AND LIVE FOR A YEAR, TWO YEARS, OR THREE YEARS, AND THEN MOVE ON THE SAME WAY THIS AM DOES, THEY'RE OWNED BY STANLEY MORGAN, THEY INVEST IN THESE TYPE OF PROJECTS, THEN THEY MOVE ON. 
          AND THINGS NORMALLY DON'T TELL TURN WELL AFTER THEY LEAVE. 
          IF YOU LOOK AT, UH, STATEWISE SAFE WISE, I'M SORRY. 
          SAFE WISE IS AN ORGANIZATION THAT MEASURES NUMBER OF CRIMES AND PROBLEMS IN TERMS OF ALL 313 CITY IN THE ALL 313 CITIES IN THE STATE OF TEXAS. 
          AND THE HIGHER THE NUMBER, THE WORSE IT IS FOR SAFETY. 
          THE LOWER THE NUMBER, THE BETTER. 
          IT'S SAFE WISE HAS ADDISON IN THE POSITION OF 307 OUT OUT OF 313. 
          OUR NEIGHBORS, FARMERS BRANCH, CARROLLTON AND RICHARDSON ARE SAFER THAN ADDISON. 
          ANOTHER STATISTIC THAT I WANNA SHARE WITH YOU IS IF YOU LOOK AT THE POPULATION OF ADDISON IN THE YEAR 2010, AND COMPARE IT TO OUR POPULATION NOW IN THE YEAR 2024, 
          [03:30:01]
IT HAS INCREASED BY 33.6%. 
          THE POLICE DEPARTMENT IN THAT SAME SPAN OF TIME HAS INCREASED BY 1.5%. 
          WE DON'T HAVE ENOUGH POLICE TO TAKE CARE OF OUR COMMUNITY. 
          NOT ONLY DON'T, WE DON'T WE NOT HAVE ENOUGH POLICE OFFICERS, WE DON'T EVEN HAVE A JAIL. 
          SO WHEN SOMEBODY IS CAUGHT APPREHENDED, THEY HAVE TO GO ALL THE WAY THROUGH GRAPEVINE, WHICH TAKES 'EM ABOUT TWO HOURS BACK AND FORTH, AND THEY'RE OUT OF THEIR BEACH. 
          ARE WE REALLY TAKING CARE OF ADDISON AS WE ARE SUPPOSED TO? I DON'T KNOW. 
          I'LL LET YOU MAKE YOUR OWN OPINIONS. 
          SO FINALLY THOUGH, THE PROJECT LOOKS FINE AND IT'S PRETTY, IT'S GONNA BRING A LOT OF TRAFFIC, A LOT OF CONGESTION. 
          HAVE THEY GONE OR HAVE WE GONE AND CHECKED THE CONGESTION IN MIDWAY FROM SEVEN TO EIGHT O'CLOCK IN THE MORNING AND NOW WE'RE GONNA THROW ANOTHER THOUSAND CARS GOING OUT IN AND OUT. 
          NO, I'M SORRY, COUNCIL MEMBERS, I HAVE TO DISAGREE WITH THIS PROJECTS. 
          THAT'S YOUR TIME, MARVIN. 
          OKAY. 
          MY MO LAST COMMENT IS, IT'S IMPORTANT TO SEE WHAT WE'RE DOING TO PROTECT OUR CITY. 
          THANK YOU. 
          THANK YOU, MARVIN. 
          NEXT UP, ROBERT JACOBY EVENING COUNSEL. 
          UM, ROBERT JACOBY, 4 0 1 6 RIVAL LANE, ALMOST A 30 YEAR VETERAN OF LIVING IN ADDISON. 
          SO I'VE SEEN A LOT OVER THE YEARS AND, UH, AM'S DONE A VERY NICE JOB WITH THIS PROGRAM. 
          OBVIOUSLY THIS IS FATE COMPLETE. 
          IT'S A DONE DEAL. 
          IT'S BEEN DONE DEAL FOR OVER A YEAR. 
          AND I JUST WANT YOU TO KNOW, AND EVEN THOUGH MANY OF THEM ARE NOT HERE, THERE ARE HUNDREDS OF ADDISON RESIDENTS THAT ARE REALLY CONCERNED WHAT THE ADVENT OF NEW APARTMENTS, MORE APARTMENTS WILL DO. 
          AND FRANKLY, YOU GUYS DON'T KNOW, APARTMENTS ARE GREAT WHEN THEY'RE FIRST BUILT, AND THEN OVER TIME THEY MAY DEGRADE. 
          IT COULD BE FIVE YEARS OR 10 YEARS OR 15 YEARS. 
          NOW, YOU MAY NOT BE HERE, I MAY NOT BE HERE, BUT WHAT IS ADDISON LEFT WITH? AND IN TALKING TO SEVERAL COUNCIL MEMBERS, I LOOK AT THE, THE IDEA OF THIS NEIGHBORHOOD SERVICES SECTION OF THE CITY STAFF. 
          IT ALMOST, ALMOST IS LIKE THE ONLY STOP GAP WHERE IF ADDISON HAS SUFFICIENT ORDINANCES AND ADD ORDINANCES THAT ARE ENFORCED, WILL ADDISON BECOME A SAFE CITY? BECAUSE APARTMENTS WILL ULTIMATELY BRING CRIME AND INCREASE. 
          WE DON'T KNOW HOW MUCH CRIME, BUT IT'S GONNA CHANGE. 
          AND I'VE NEVER SEEN A CITY WITH 85% OF THE RESIDENTS APARTMENTS, WELLERS. 
          I'VE NEVER SEEN IT MAYBE AROUND COLLEGE TOWNS. 
          AND OF COURSE, YOU KNOW, THEY'RE KIND OF CRAZY. 
          SO I, I JUST PONDER AND I ASK YOU, HOW ARE YOU GONNA PROTECT THE RESIDENTS OF ADDISON, THE HOMEOWNERS OF ADDISON FOR THE LONG TERM? HOW ARE YOU GONNA PROTECT THEM? AND I DON'T WANT TO HEAR LIP SERVICE. 
          I WANNA SEE REAL ORDINANCES. 
          I WANNA SEE REAL ORDINANCES THAT ARE ENFORCED. 
          AND THAT'S, UH, ALL I HAVE TO SAY. 
          THANK YOU. 
          THANK YOU, BOB. 
          NEXT UP WE HAVE DAVID ADAMSON. 
          HE HAD TO LEAVE. 
          SORRY, HE HAD TO GO. 
          OH, HE HAD TO LEAVE. 
          OKAY. 
          PAUL WALDEN. 
          GOOD EVENING, MAYOR AND COUNCIL. 
          MY NAME IS PAUL WALDEN. 
          I LIVE AT 14 8 0 6 LA GRANDE. 
          I AM THE PRESIDENT OF THE EDISON TIMBERS HOMEOWNERS ASSOCIATION, WHICH REPRESENTS 104 INDIVIDUAL HOMES IN THE MIDWAY MEADOWS SUBDIVISION. 
          NOW I TELL YOU THAT, NOT BECAUSE I'M SPEAKING ON BEHALF OF THE BOARD OF DIRECTORS, BUT IN THAT ROLE, I WAS ASKED TO COORDINATE WITH AM LANE TO COMMUNICATE WITH OUR, UH, MEMBERS, 104 MEMBERS TO PARTICIPATE. 
          HE IN THE, UH, TOWN IN, IN THE COMMUNITY MEETING THEY HAD, I THINK THEY HAD ONE FOR TOWN LAKE AND THEY HAD ONE FOR US. 
          I DON'T KNOW ABOUT THE TOWN LAKE ONE, BUT WE HAD ABOUT 25 OR SO, BUT SO ABOUT 25% OF OUR, UM, MEMBERSHIP ATTENDED. 
          IT WAS WELL DEVISED, WELL CONDUCTED MEETING TOUR. 
          UM, I THINK THE, UH, LESLIE WAS THERE. 
          [03:35:01]
SO WE HAD SOME STAFF REPRESENTATION THERE. 
          UM, EVERYTHING WAS, UH, VERY FORTHRIGHT. 
          UM, YOU KNOW, WHEN YOU GET TO GO SEE AND WALK THE NEIGHBORHOOD AND WALK THE, THE FACILITY AND SEE THE SPACES AND UNDERSTAND THE DISTANCES AND THE JUXTAPOSITION OF THE BUILDINGS AND THE PARKWAY AND ALL THOSE THINGS, THAT'S CRITICAL. 
          THAT'S A GREAT, UM, TOOL THAT, THAT I'M GLAD THAT THE, THE CITY, UH, YOU KNOW, REQUIRES OF THESE REZONING TYPE OF, OF, OF, UH, EPISODES HERE. 
          SO, UM, SO I COMMUNICATED TO ALL OF OUR RESIDENTS AND IT WASN'T A, I'M ENCOURAGING YOU TO VOTE FOR THIS. 
          I'M ENCOURAGING YOU NOT TO VOTE FOR THIS. 
          I, IT WAS STRICTLY, HERE'S THE INFORMATION, HERE'S THE, THAT THAT AM, WE'VE PROVIDED. 
          COME TO THE MEETING, MAKE YOUR OWN DECISION. 
          THAT WAS IT. 
          AND SO I, I'M GONNA BE HONEST WITH YOU, THE THE FEEDBACK I GOT, I, I DID NOT GET ONE NEGATIVE FEEDBACK. 
          NOT ONE, NOT ONE. 
          AND, YOU KNOW, I THINK THAT'S SIGNIFICANT. 
          AND SO THE ONLY THING, THE ONLY FEEDBACK I GOT WAS, WAS GOOD. 
          AND SO, YOU KNOW, I WANTED TO LET YOU KNOW THAT. 
          AND, YOU KNOW, TO THE PREVIOUS COMMENT ABOUT, WE ALL KNOW THAT THE DEPARTMENTS ARE GONNA TURN INTO A GHETTO. 
          WELL, I SAY SAYS, WHO, YOU KNOW, AS LONG AS WE HAVE THE POLITICAL REAL IN THIS COMMUNITY TO HAVE PROPERTY OWNERS MAINTAIN THEIR PROPERTY, WHATEVER THE PROPERTY IS, THEN WE WON'T HAVE A GHETTO. 
          IT'S JUST A MATTER OF POLITICAL WILL. 
          SO, YOU KNOW, IF AM EVER SELLS THOSE PROPERTIES OR WHATEVER, YOU KNOW, THEN SOMEBODY'S GONNA OWN THAT AND SOMEBODY'S GONNA HAVE TO BE HELD ACCOUNTABLE TO MAINTAIN THOSE PROPERTIES ACCORDING TO WHAT OUR STANDARDS ARE IN ADDISON. 
          AND THAT'S MY EXPECTATION. 
          I I, I ENFORCE THAT AS THE PRESIDENT OF THE HOMEOWNERS ASSOCIATION, YOU KNOW, AND I START WITH MYSELF. 
          SO I DON'T LOOK ANY FURTHER THAN, THAN, THAN THE MIRROR. 
          SO ANYWAY, I, I SUPPORT THIS PERSONALLY, AND I, AND I ENCOURAGE THIS TO, TO COUNSEL, TO PLEASE, UH, PASS THIS REZONING. 
          THANK YOU FOR YOUR TIME. 
          THANK YOU, PAUL. 
          NEXT UP, SUSAN BURTON. 
          HI, SUSAN BURTON, 41, 27 TOWN, GREEN CIRCLE. 
          I WOULD LIKE TO THANK YOU ALL FOR THE OPPORTUNITY TO SPEAK ON BEHALF AND FOR THE AM EMILY PROJECT. 
          UM, SEVERAL OF YOU I'VE SPOKEN TO PERSONALLY, I KNOW ALL OF YOU RECEIVED THE EMAIL FROM CATHERINE ERICKSON THAT HAD THE RECORDING ON IT OF THE MUSIC THAT WAS PLAYING SO LOUD. 
          I HEAR IT IN MY HOME. 
          UM, THAT WAS ON A SUNDAY NIGHT. 
          THIS USED TO BE A FRIDAY, SATURDAY THING. 
          IT HAS NOW BECOME A THURSDAY, FRIDAY, SATURDAY. 
          THAT WAS SUNDAY NIGHT. 
          AND LAST WEDNESDAY WE HAD, I HAVE A RECORDING OF IT TOO, 1230 IN THE MORNING. 
          A PERSON DROVE AROUND THE PARKING LOT FOUR TIMES I SAW HIM. 
          I WATCHED IT, AND EVERY TIME HE GOT TO THE WALL, HE STOPPED AND HE CRANKED HIS MUSIC. 
          AND THEN HE DROVE AROUND THE PARKING LOT. 
          HE STOPPED AT THE WALL AND CRANKED HIS MUSIC. 
          . 
          I DID CALL THE POLICE. 
          THEY CAME, HE WAS STILL THERE. 
          SO I DON'T KNOW WHAT HAPPENED WITH THAT. 
          BUT THIS IS, IS BECOMING A TREND IN DALLAS COUNTY. 
          UM, ALL EMPTY PARKING LOTS LIKE THIS ARE BEING USED AND YOU CAN GO ONLINE AND READ ALL ABOUT IT. 
          PEPPER SQUARE HAS A BIG PROBLEM RIGHT NOW. 
          THIS IS GREAT. 
          THEY, THEY JUST GO FOR THE ADDISON MANTRA. 
          IT IS OUTDOOR. 
          WE ARE AN OUTDOOR COMMUNITY. 
          WE ARE AN ACTIVE COMMUNITY. 
          WE ARE A WALKABLE COMMUNITY. 
          AND EVERYTHING THEY'VE PROPOSED TODAY ACTUALLY SHOWS THAT I DON'T SEE THE LIGHTING ISSUE IN THE APARTMENTS. 
          JUST BECAUSE WE'VE GOT FEE, SIMPLE TOWN HOMES AND LEASED TOWN HOMES. 
          YOU'RE NOT, THEY'RE NOT GONNA ALLOW THE FRONT OF THAT PROPERTY TO GO DOWN. 
          'CAUSE YOU'VE GOT THE COBALT PROPERTY AND ALL THE TOWN LOANS UP AGAINST THE WALL. 
          BUT MY HOUSE SITS ON THE WALL. 
          I'M THE CLOSEST ONE TO THE PARKING LOT. 
          I EXPERIENCE EVERY SINGLE, UH, THING THAT HAPPENS THERE, UNFORTUNATELY. 
          AND COUNCILMAN FREE THE BUSINESSES OVER THERE. 
          THERE IS ONE BUSINESS OVER THERE. 
          IT'S ONLY OPEN THREE NIGHTS A WEEK. 
          IT'S OPEN FROM SIX TO 12 ON THURSDAY, SIX TO TWO ON FRIDAY AND SATURDAY. 
          IF YOU GO ON TO DO A TRAFFIC PATTERN, GO AT 10 30 AT NIGHT AND SEE THE TRAFFIC THAT COMES INTO THAT PARKING LOT. 
          THEY'RE LINED UP DOWN MIDWAY. 
          I WATCH IT ALL THE TIME AT TWO 30 IN THE MORNING. 
          GUESS WHAT? THEY'RE ALL LINED UP GOING OUT OF THE PARKING LOT WITH THEIR MUSIC BLASTING. 
          AND THIS, I, MY HOUSE IS A LITTLE BIT SITUATED DIFFERENT, 
          [03:40:01]
BUT THE ONES THAT ARE BEHIND ME GOING WEST, THEY HEAR THE SAME THINGS TOO. 
          THIS IS, IT IS JUST GOTTA STOP. 
          THAT'S WHERE THE CRIME IS HAPPENING NOW. 
          THE ELEMENT THAT'S COMING IN IS JUST NOT GOOD. 
          THEY'RE DOING DONUTS IN THE PARKING LOT WHEN NOBODY'S THERE. 
          SO I JUST WANTED TO SAY THANK YOU FOR ALLOWING ME TO SPEAK. 
          I APPRECIATE IT. 
          AND IF YOU WANNA HEAR THE VIDEO, UM, THE VOICE RECORDING, I'VE GOT THE ONE FROM WEDNESDAY TOO, AND I'M HAPPY TO SEND IT TO YOU, BUT THANK YOU VERY MUCH. 
          THANK YOU, SUSAN. 
          NEXT UP, CATHERINE ERICKSON. 
          HI. 
          GOOD EVENING COUNSEL. 
          I WAS ALSO ASKED TO BE CATHERINE, IF YOU WOULDN'T MIND GIVING NAME AND ADDRESS, I'M SORRY, CATHERINE ERICKSON. 
          1 4 8 7 6 TOWN LAKE CIRCLE. 
          I WAS ALSO ASKED TO BE THE, UH, GO-BETWEEN, BETWEEN AMIE AND TOWN LAKE AND ATTEND ORGANIZED AND HAD, UH, ABOUT 25 HOMEOWNERS ATTEND THE WALKTHROUGH MEETING THAT TAYLOR BOWEN AND SEVERAL OF HIS, UH, OTHER PEOPLE FROM AMIE SHOWED. 
          AND THE COMMENTS, AGAIN, WERE SO POSITIVE WHEN YOU ACTUALLY SEE THE PROPERTY, IT, IT'S ONE THING TO SEE A TWO DIMENSIONAL, BUT WHEN YOU ACTUALLY SEE THE PROPERTY, THE WIDTH OF THE HIKE, BIKE TRAIL, THE PLACEMENT OF THE TOWN HOMES, IT'S VERY IMPRESSIVE. 
          BUT I DO WANNA ALSO SAY THERE WERE FIVE PEOPLE FROM TOWN LAKE WHO COULD NOT BE HERE TODAY, BUT WE DO HAVE A SUBSTANTIAL GROUP. 
          IF YOU GUYS COULD JUST WAVE FROM TOWN LAKE, WHO ARE ALL IN SUPPORT OF THIS PROJECT, BUT DIDN'T FEEL, UH, THE URGE TO SPEAK. 
          SO VERY QUICKLY, THERE'S TWO CHOICES BEFORE THE COUNCIL CHOICE. 
          ONE VOTE NO, LEAVE IT AS IT IS, AS AN OPEN PARKING LOT WITH ALL THE DIFFERENT, UH, DISCREPANCIES AND THE, UH, DISADVANTAGES OR CHOICE TWO, WHICH IS TO VOTE FOR THE ZONING CHANGE. 
          ALLOW AMLI TO COMPLETE THIS PROJECT UP LEVEL, THIS WHOLE AREA. 
          AND I WILL SAY I AM A MEMBER OF CPAC AND WALKABILITY IS SO IMPORTANT, AND THE CONNECTION BETWEEN THE COBALT SECTION OF THE HIKE BIKE TRAIL AND PHASE ONE OF, UH, TREEHOUSE WILL BE SUCH A BIG IMPROVEMENT FOR WALKABILITY. 
          AND YES, IT IS ON THE SIDE OF THE TOWN LAKE WALL, BUT THEY ARE ALSO TALKING ABOUT LANDSCAPING THAT SIDE. 
          SO IT'S GONNA BE A, A BEAUTIFUL PROJECT AND VERY MUCH OF A COMMUNITY, UM, EFFORT, A PLACE FOR COMMUNITY TO, UH, ATTEND AND, AND MEET. 
          SO I STRONGLY SUPPORT THIS PROJECT. 
          I'VE SPOKEN TO AS MANY PEOPLE AS I COULD ON COUNCIL, AND I HOPE YOU VOTE FOR IT. 
          THANK YOU VERY MUCH. 
          THANK YOU. 
          THANK YOU, CATHERINE. 
          NEXT WE HAVE ALEX MCCUTCHEN. 
          THANK YOU MAYOR, COUNCIL MEMBERS, AND HAPPY BIRTHDAY MR. FREED. 
          UM, MCCUTCHEN 40 50 MORMON LANE. 
          UM, I FIRST WANTED TO SAY THAT, UH, I LIVE JUST, JUST SOUTH OF THIS PROJECT, AND I WANTED TO SEE THIS PROPERTY TO REALLY TO BE AT ITS FULL POTENTIAL, AND I WANTED TO DRIVE PAST IT AND BE PROUD OF IT. 
          UM, SO, UH, I AM A YOUNG GUY AND YOU'RE PROBABLY ASKING YOURSELF, HOW DID THIS YOUNG GUY GET UP HERE? MY, MY FATHER DIED A COUPLE YEARS AGO, UH, AND THEN MY GRANDFATHER DIED LAST YEAR. 
          AND THAT'S, THAT'S HOW I'M HERE. 
          AND I'M REALLY SORRY ABOUT, YOU KNOW, EVERYTHING THAT PEOPLE ARE SAYING, BUT IN THE SAME SENSE, UM, I WANT SOMETHING TO BE PROUD OF WHEN I DRIVE PAST IT. 
          AND AM LEE IS GOING TO DO THAT. 
          SO I SUPPORT THE PROJECT. 
          UM, I ALSO WANTED TO SAY THAT, UH, THE TENANTS THAT HAVE BEEN THERE THROUGH COVID, THROUGH THE MIDWAY ROAD EXPANSION, UH, I WORKED ON, I WORKED WITH THEM FACE TO FACE, SAT DOWN AT A TABLE WITH EACH AND EVERY SINGLE ONE OF THEM. 
          UM, THE, A MAJORITY OF THOSE BUSINESSES NEVER WOULD'VE LASTED THROUGH COVID IF IT WASN'T FOR ME. 
          WORKING WITH THEM, WORKING OUT PAYMENT PLANS, A LOT OF TIMES, NOT EVEN TAKING RENT, JUST SAYING, DON'T PAY ME. 
          SO AGAIN, A LOT OF THE TENANTS, WE STRUGGLED THROUGH COVID. 
          WE STRUGGLED THROUGH THE MIDWAY ROAD EXPANSION AND THE TENANTS THAT ARE HERE NOW, I UNDERSTAND THE, THE, UH, THE NATURE OF, YOU KNOW, WHAT ARE THEY GONNA DO? I HAVE WORKED WITH THEM. 
          THAT'S WHAT I HAVE BEEN DOING THE LAST THREE WEEKS. 
          I'VE BEEN GIVING THEM FREE RENT, NO RENT, UH, MARK LONG SURFERS FROM A LS AT TY STAR, I'M HELPING SUPPORT HIM AT HIS BIRTHDAY PARTY. 
          HE JUST INVITED ME. 
          I'M, I'M FRIENDS WITH ALL MY TENANTS. 
          UM, I'VE WORKED MY BEST TO HELP THEM. 
          UH, LIKE AGAIN, FREE RENT, ABATED, RENT, EVERYTHING. 
          SO, UM, I JUST WANTED TO SAY I SUPPORT THE PROJECT. 
          AMLI IS THE BEST FIT. 
          I MET WITH PROBABLY FIVE OR SIX HUGE DEVELOPERS, AND AMLI AGAIN, WAS THE BEST FIT. 
          SO I HOPE YOU SUPPORT THE PROJECT, AND AGAIN, I'M SORRY 
          [03:45:01]
FOR ALL THE PROBLEMS THAT HAVE BEEN GOING ON, BUT HOPEFULLY WON'T BE GOING ON MUCH LONGER. 
          SO THANK YOU. 
          HAPPY BIRTHDAY AGAIN. 
          THANK YOU, ALEX. 
          NEXT WE HAVE BOB ANI. 
          GOOD EVENING MAYOR CITY COUNCIL. 
          BOB 40 14 WINTER PARK LANE. 
          UM, ONE OF THE THINGS I WAS GONNA SAY AT THE END OF MY TALK WAS I, I TOLD SOME NEIGHBORS THAT I WAS GONNA BE SPEAKING TONIGHT AND ABOUT THIS ISSUE, AND THEY SAID TO ME, OH, THE SILENT MAJORITY IS BACK. 
          I SAID, I NEVER LEFT AND NEITHER DID THESE OTHER FOLKS EITHER. 
          SO IT'S REALLY GOOD TO SEE. 
          USUALLY THE PEOPLE THAT SHOW UP AT THESE HEARINGS ARE PEOPLE THAT ARE OPPOSED TO IT FOR A LOT OF THE REASONS THAT WE'VE TALKED ABOUT. 
          AND, UM, YOU DON'T ALWAYS GET BOTH SIDES OF THE STORY. 
          I THINK AMIE HAS BEEN A GREAT PARTNER. 
          THEY HAVE GONE ABOVE AND BEYOND EVERYTHING THAT THEY SAID THAT THEY WERE GONNA DO, AND THEY DID MORE. 
          UM, IT, IT ALL OF THE, UH, BUSINESSES THAT ARE IN MCCUTCHEONS PROPERTY, UH, YOU KNOW, TIMING IN LIFE IS EVERYTHING. 
          I THINK WHEN COVID HAPPENED, THEY STRUGGLED. 
          THEN THE, THE CONSTRUCTION ON MIDWAY ROAD HAPPENED. 
          AND I THINK AS, AS TIME WENT ON, YOU SAW MORE AND MORE OF THE OPPORTUNITY OF WHAT THAT PROPERTY COULD BE GOING FORWARD OUT OF ALL OF THE, UH, CONSTRUCTION AND THE BAD STUFF THAT WAS GOING ON ON THAT ROAD THERE. 
          AND WHEN YOU THINK ABOUT WHEN YOU GET OFF OF, WHEN YOU'RE ON 6 35 AND MIDWAY FROM THERE TO BELTLINE ROAD, IT IS VERY NONDESCRIPT UNTIL YOU GET TO PAST PROTON AND GET TO BELTLINE ROAD. 
          THEN THE MAJOR PIECE OF ACTIVITY IS THE PROPERTY THAT WE'RE TALKING ABOUT ALL THE WAY UP TO, UH, BELTLINE ROAD. 
          AND I THINK THE OPPORTUNITY TO TRANSFORM THAT INTO SOMETHING THAT EVERYBODY IN THIS TOWN CAN BE PROUD OF AND BE HAPPY. 
          I DON'T KNOW WHAT IT'S GONNA LOOK LIKE. 
          I KNOW WHAT THE DRAWINGS SAY, IT'LL LOOK BETTER WHEN IT FINALLY IT COMES TO FRUITION. 
          AND I CAN'T WAIT. 
          THIS IS THE BEST THING THAT'S HAPPENED TO ADDISON IN A LONG TIME. 
          I, I HOPE THAT UNANIMOUSLY YOU PASS THIS, IT'S THE RIGHT THING TO DO FOR ADDISON AND THE CITIZENS IN ADDISON. 
          THANK YOU. 
          THANK YOU, BOB. 
          NEXT, NEXT WE HAVE MIKE LANE. 
          THANK COUNSEL, UH, 45. 
          25, UH, BELTLINE. 
          I OWNED, UH, OAK BARBECUE. 
          UH, KNOW THAT YOU GUYS SOMETIMES GO THERE. 
          THANK YOU. 
          APPRECIATE THE BUSINESS. 
          UH, I'M ALL FOR THIS PROJECT HAS BEEN SINCE I HAVE BEEN SINCE, UH, I HEARD ABOUT IT. 
          UM, I THINK IT'S GREAT FOR THE COMMUNITY. 
          UM, I SEE THE IMPROVEMENT, UH, HAPPENING IN THE CITY. 
          UH, WE SPENT, YOU KNOW, SEVERAL MILLION DOLLARS ON OUR BARBECUE RESTAURANT, AND I'VE GOT MORE PROJECTS. 
          I PROBABLY HAVE CLOSE TO $15 MILLION WORTH OF RESTAURANT PROJECTS THAT I'M, WE'RE GONNA BRING TO YOU GUYS OVER THE NEXT FEW YEARS. 
          UH, SO THERE'S MORE DEVELOPMENT FOR ME TO BE A PART OF WITH YOU GUYS, AND, UH, I'M EXCITED TO BE A PART OF WHAT'S GOING ON IN ADDISON. 
          AND, UM, I THINK THIS IS A GREAT PROJECT. 
          I THINK EMILY IS A GREAT MANAGER. 
          UH, I'VE DONE A LOT OF RESEARCH ON THEM AND I THINK THAT THEY DO A GOOD JOB OF WHAT, OF MANAGING THEIR PROPERTIES. 
          AND, UM, I KNOW I, I HAVE A LOT OF FRIENDS THAT ARE IN THEIR BUSINESS AND, UH, THEY FLIP PROPERTIES AND I KNOW EMILY IS IN IT FOR THE LONG HAUL. 
          SO I THINK FOR LONG TERM YOU'VE GOT A GOOD PARTNER, UH, FOR THE CITY AND, AND FOR THE COMMUNITY. 
          SO, AS FAR AS THE TRAFFIC COUNTS, I DID MY MATH. 
          I'M, I'M A NUMBERS GUY. 
          UH, IT'S ONLY 4.5 CARS PER MINUTE, SO IT'S NOT A BIG NUMBER. 
          UM, SO, UM, AND, UM, I JUST THINK CHANGE IS GOOD. 
          I THINK THAT YOU SPENT ALL THE, THE CITY SPENT ALL THAT MONEY ON, UH, MIDWAY, AND THIS IS JUST GONNA REALLY, UH, FINISH OFF THAT BEAUTIFUL ROAD THAT YOU GUYS BUILT. 
          SO, UM, I'M ALL FOR THIS AND I THINK, UH, IT'S GONNA BE A GREAT PROJECT FOR THE, FOR THE CITY. 
          THANK YOU. 
          THANK YOU, MIKE. 
          THE LAST CARD I HAVE IS LIZ OLA. 
          MY NAME IS LIZ OLA. 
          I LIVE AT 1 6 300 LEDGE MOUNT. 
          WHEN I APPEAR BEFORE THE COUNCIL, I GENERALLY INTRODUCE MYSELF AS ONE OF THOSE AWFUL APARTMENT RESIDENTS, SIMPLY BECAUSE I AM NOT A TYPICAL APARTMENT RESIDENT, ACCORDING TO MOST HOMEOWNERS, BECAUSE I'M INVOLVED IN 
          [03:50:01]
THE CITY AND I PAY ATTENTION TO WHAT'S GOING ON. 
          I HAVE LEARNED BY A SAD EXPERIENCE HAVING LIVED IN ADDISON MORE THAN 20 YEARS, AND THREE DIFFERENT DEPARTMENT, UH, THREE DIFFERENT COMPLEXES, HOW IMPORTANT A QUALITY DEVELOPER AND OWNER IS. 
          I MOVED VERY RECENTLY BECAUSE WE, THE APARTMENT THAT I WAS IN FOR SEVEN 11 YEARS, UH, HAD A NEW OWNER. 
          IT WAS FLIPPED THREE DIFFERENT TIMES IN THE 11 YEARS THAT I LIVED THERE. 
          THAT IS WHY I AM SUPPORTING THIS DEVELOPMENT BECAUSE THE IMPORTANT, THE OWNER AND THE DEVELOPER ARE CRITICAL TO THE FUTURE OF THE APARTMENT COMPLEX. 
          I'M NOT ALONE IN BEING A LONG-TERM APARTMENT RESIDENCE. 
          THEN MY APARTMENT ON MARSH LANE, THERE WAS A LADY WHO LE HAD LIVED THERE SINCE IT WAS BUILT IN 1992. 
          THAT'S NOT UNUSUAL. 
          THERE ARE A LARGE GROUP OF PEOPLE WHO PREFER APARTMENT LIVING AND ADD THEY, YOU WOULD BE AMAZED THE PERCENTAGE OF THOSE WHO ARE IN ADDISON. 
          SO I HAVE WHOLEHEARTEDLY SUPPORTED THIS DEVELOPMENT. 
          ADDISON'S AM EMILY IS A QUALITY DEVELOPER. 
          THEY HOLD, THEY OWN, THEY MANAGE, AND THAT IS VERY IMPORTANT. 
          THANK YOU VERY MUCH. 
          THANK YOU, LIZ. 
          THAT WAS THE LAST APPEARANCE CARD I HAD. 
          WAS THERE ANYBODY ELSE THAT DID NOT FILL OUT A CARD THAT WOULD LIKE TO ADDRESS THE COUNCIL? WELL, SEEING NONE, I WILL CLOSE THE PUBLIC HEARING AND I WOULD ENTERTAIN A MOTION. 
          I MAKE A MOTION TO APPROVE SUBJECT TO THE CONDITIONS LISTED. 
          THANK YOU, CHRIS. 
          SECOND, SECOND, SECOND. 
          SECOND FROM EVERYBODY. 
          SECOND FROM MARLON CAME IN FIRST. 
          SO WE'LL GIVE THAT ONE TO MARLON. 
          UH, ANY OTHER DISCUSSION? OF COURSE, I HAVE TO SAY SOMETHING. 
          . 
          UM, I WISH I COULD PLEASE EVERYBODY. 
          I REALLY DO. 
          UH, UNFORTUNATELY, YOU KNOW, NOT EVERYONE'S GONNA BE PLEASED, UH, IF IT GOES ONE WAY OR IF IT GOES THE OTHER WAY. 
          I THINK AMALI IS A VERY GOOD CORPORATE CITIZEN. 
          I THINK YOU BUILD A A PREMIUM PRODUCT AND I'D LOVE TO SEE YOU ACQUIRE A PROPERTY WITH A DILAPIDATED APARTMENT COMPLEX AND BUILD ONE OF YOUR BEAUTIFUL COMPLEXES ON THAT LAND. 
          I HAVE A PROBLEM WITH REZONING LAND IN ADDISON. 
          WE JUST, WE DON'T HAVE A LOT OF LAND AND IT'S ZONED COMMERCIAL. 
          I THINK WE'RE ZONING TOO MANY PROPERTIES INTO MULTIFAMILY. 
          I DID NOT HEAR FROM ONE OF THOSE RESIDENTS WHO SPOKE TONIGHT THAT LIVES IN TOWN LAKE. 
          NO ONE CONTACTED ME. 
          I HEARD FROM SEVERAL CITIZENS WHO DON'T WANNA SEE ANY MORE APARTMENTS, PERIOD. 
          IN ADDISON, THE RATIO, ACCORDING TO MY MATH, IS 88% APARTMENT, 12% FEE. 
          SIMPLE. 
          I DON'T THINK IT'S A GOOD OPPOR A GOOD SPOT FOR FEE SIMPLE. 
          I DON'T THINK THAT'S THE ANSWER EITHER. 
          I DO THINK IT SHOULD LOOK NICER, AND IT WOULD BE NICE IF IT WAS RETAIL AND VIABLE BUSINESSES, AND I DON'T KNOW IF THAT OPPORTUNITY IS GONNA COME OUR WAY OR NOT. 
          I THINK WHAT AM EMILY'S PROPOSING WOULD BE AN IMPROVEMENT FOR THE PROPERTY OVER WHAT WE HAVE. 
          I'M VERY SENSITIVE TO THE BUSINESS OWNERS WHO AREN'T ADDISON RESIDENTS, BUT THEY WORK IN ADDISON. 
          THEIR LIVELIHOOD IS HERE, THEIR EMPLOYEES ARE HERE. 
          I DROVE THAT PROPERTY A DOZEN TIMES, DAYTIME, NIGHTTIME, WEEKENDS, WEEKDAYS. 
          I WENT AT ONE O'CLOCK IN THE MORNING BECAUSE GQ, GQ TOLD ME THAT IT'S SO NOISY AT 4:00 AM ON A SUNDAY NIGHT. 
          AND I WENT BY ON A SUNDAY NIGHT AT ONE O'CLOCK. 
          IT, IT WAS CLOSED. 
          THE BUSINESS HE WAS TALKING ABOUT. 
          THERE'S TWO HISPANIC, TWO AFRICAN AMERICAN, TWO ASIAN. 
          I'M SENSITIVE TO THEM LOSING THEIR LIVELIHOOD. 
          SO, SO I I UNDERSTAND IT'S MOST LIKELY GONNA PASS. 
          I WISH YOU THE BEST. 
          I'M NOT TRYING TO WIN A POPULARITY CONTEST OR TRYING TO BE A PROBLEM. 
          I'M LISTENING TO THE PEOPLE THAT DID SPEAK TO ME AND WHAT I FOUND FROM MY OWN OBSERVATIONS. 
          AND SO I WON'T BE ABLE TO APPROVE IT OR, UM, I WISH YOU THE BEST. 
          THANK YOU, HOWARD. 
          CHRIS? NO. 
          OKAY, MAR. 
          THANK YOU, MAYOR. 
          UM, YEAH, I'VE LIVED HERE SINCE 1998 AND, UM, THE SITE, UH, THAT WE'RE TALKING ABOUT REALLY HASN'T CHANGED MUCH, UH, SINCE THAT POINT. 
          UM, AND SO I'M REALLY LOOKING FORWARD TO SOME PREMIUM DEVELOPMENT ON THIS SITE. 
          [03:55:01]
I'VE BEEN TO AMIE ADDISON, SO I MAY HAVE A COMFORT LEVEL THAT OTHERS DON'T HAVE IF THEY HAVEN'T BEEN TO AMIE ADDISON AND SEE WHAT KIND OF PRODUCT AND EXPERIENCE THAT PRODUCT. 
          IT'S INCREDIBLY NICE. 
          IT'S INCREDIBLE, INCREDIBLY PREMIUM. 
          YOU DON'T GET THE KIND OF RENTS THAT WE TALKED, WE HEARD ABOUT EARLIER, UM, WITHOUT, UM, HAVING A PREMIUM PRODUCT AND MAINTAINING IT. 
          OKAY. 
          UM, I'M LOOKING FORWARD TO SOME REVIVED RETAIL. 
          I'M LOOKING FORWARD TO THE EXTENSION OF THE TRAIL. 
          I'M LOOKING FOR FORWARD TO ALMOST 600 TREES IN ADDISON, AND I'M REALLY LOOKING FORWARD TO NOT GETTING ANY MORE CALLS ABOUT THE NOISE AT 4:00 AM SO I'M GONNA BE FOR THIS. 
          THANK YOU. 
          THANK YOU, MARLON. 
          UH, WELL, I'LL JUST MAKE A COUPLE COMMENTS. 
          UH, I, I I TRULY AGREE THAT, UH, EMILY'S SUCH A, SUCH A GREAT PARTNER FOR US. 
          AND, AND, UH, YOU'VE, YOU'VE, UH, YOU, YOU BRING US GOOD PRODUCT AND, AND YOU, AND, UH, YOU, AND YOU DO YOUR PART WAY, WAY ABOVE WHAT MOST WOULD BE WILLING TO DO. 
          SO WE APPRECIATE, UM, WHAT YOU ALL ARE WILLING TO DO, UH, FOR ADDISON, UH, TO MAKE IT, MAKE IT A BETTER PLACE. 
          AND, AND, UH, AND, AND I HAVE TO BELIEVE THAT THE, THE, THE RETAIL THAT YOU'RE GOING TO HAVE IS GONNA BE REALLY GOOD. 
          AND THE EXISTING RETAIL THAT'S THERE NOW IS GOING TO BENEFIT GREATLY FROM THAT. 
          YOU KNOW, THE FOLKS THAT HAVE STRUGGLED THROUGH THE MIDWAY ROAD CONSTRUCTION, YOU KNOW, THE ZOES AND JAKES, AND YOU KNOW, WITH, WITH, WITH RODEO GOAT COMING IN, THOSE FOLKS ARE ALL GONNA REALLY BENEFIT FROM THIS DEVELOPMENT. 
          SO, UH, I THINK IT'S JUST, I THINK IT'S A REALLY GOOD FIT. 
          UM, YEP. 
          AND YOU'RE RIGHT HOWARD, WE'RE NEVER GONNA PLEASE EVERYBODY AND, UH, I DON'T EVEN HAVE THAT AS A GOAL, BUT, UM, , IT'S, IT'S NOT REALISTIC, BUT, BUT I THINK THIS IS A GREAT DEVELOPMENT AND UH, IT'S GONNA GONNA BE A GREAT FOR ADDISON. 
          SO, ANY OTHER COMMENTS? ALRIGHT, DO WE HAVE A MOTION AND A SECOND? ALL IN FAVOR? AYE. 
          AYE. 
          AYE. 
          AYE. 
          ANY OPPOSED? AYE. 
          ONE OPPOSED FROM, FROM HOWARD AND IT PASSES SIX TO ONE. 
          THANK YOU VERY MUCH. 
          THANK YOU TAYLOR. 
          AND THE REST OF THE ALEE CREW. 
          OKAY, WE WILL MOVE ON TO ITEMS NUMBER SIX. 
          Y'ALL DON'T HAVE TO LEAVE, BUT YOU CAN. 
          ITEM NUMBER SIX, ITEM FOR INDIVIDUAL CONSIDERATION, SIX A IS 
          [a.  Present, discuss, and consider action on a Resolution approving a Memorandum of Understanding (MOU) between the Town of Addison and AMLI Residential adopting general development terms for the AMLI Treehouse, Phase 2 Project providing for negotiation of Definitive Agreements that will set forth the specific obligations of the parties with regard to the project; authorizing the City Manager to execute the MOU.]
PRESENT, DISCUSS AND CONSIDER ACTION ON A RESOLUTION APPROVING A MEMORANDUM OF UNDERSTANDING MOU BETWEEN THE TOWN OF ADDISON AND AMIE RESIDENTIAL, ADOPTING GENERAL DEVELOPMENT TERMS FOR THE AMIE TREE HOUSE PHASE TWO PROJECT, PROVIDING FOR NEGOTIATION OF DEFINITIVE AGREEMENTS THAT WILL SET FORTH THE SPECIFIC OBLIGATIONS OF THE PARTIES WITH REGARD TO THE PROJECT AUTHORIZING THE CITY MANAGER TO EXECUTE THE MOU, LESLIE, LESLIE KNIGHT, DIRECTOR OF DEVELOPMENT NEIGHBORHOOD SERVICES. 
          UH, THIS, UH, MEMORANDUM OF UNDERSTANDING, OR MOU IS FOR THE, UM, JUST RECENTLY APPROVED, UH, AMWAY TREE PHASE TWO PROJECT. 
          UM, THIS MOU IS, UM, JUST A GENERAL UNDERSTANDING BETWEEN THE TOWN AND THE DEVELOPER, AMWAY RESIDENTIAL ON THE, UM, BASIC TERMS AND CONDITIONS THAT WILL BE SET FORTH IN THE, UM, FUTURE DEVELOPMENT AGREEMENT, UH, THAT WILL BE EXECUTED PRIOR TO, UM, ISSUANCE OF CONSTRUCTION DOCUMENTS. 
          SO SOME THINGS THAT ARE IDENTIFIED IN THIS ARE BASIC PERFORMANCE STANDARDS, AS WELL AS SOME ADDITIONAL ITEMS THAT WE, UM, FOR VARIOUS REASONS, INCLUDING STATE LAW CANNOT INCLUDE WITHIN THE PLAN DEVELOPMENT. 
          UM, SO THINGS LIKE THIS, UH, OR EXCUSE ME, THINGS INCLUDED IN THIS DEVELOPMENT INCLUDE, UM, MINIMUM ARCHITECTURAL STANDARDS, SETTING THAT, UM, 90% MASONRY REQUIREMENT. 
          ALSO, UM, IDENTIFYING, UM, MORE RESTRICTIVE CONSTRUCTION HOURS, UH, GIVEN THE RESIDENTIAL ADJACENCIES IDENTIFYING, UH, DELIVERY DATES OR, UM, NOT NECESSARILY DATES, DELIVERY PHASES FOR THE VARIOUS COMPONENTS OF THE PROJECT. 
          UM, AS WELL AS DEFINING THE, UM, PARK DEDICATION, MAINTENANCE TRAIL AND SO FORTH. 
          THAT'S ALL I HAVE UNLESS YOU WANT TO FURTHER ELABORATE. 
          ALL THE SPECIFIC CONDITIONS ARE OUTLINED IN THE PROPOSED RESOLUTION AND, UM, AS WE CONTINUE WITH THIS PROJECT, UH, STAFF WILL BRING FORTH THE, UM, DEFINITIVE AGREEMENT IN THE FUTURE. 
          THANK YOU. 
          LESLIE, ANY QUESTIONS? IS THERE A MOTION FROM NANCY? SECOND? SECOND FROM MARLON? UH, ANY DISCUSSION? ALL IN FAVOR? AYE. 
          AYE. 
          ANY OPPOSED? AYE. 
          ALRIGHT, THAT IS APPROVED UNANIMOUSLY. 
          THANK YOU, LESLIE. 
          ITEM SIX B, PRESENT, DISCUSS AND CONSIDER ACTION ON A RESOLUTION OF THE CITY COUNCIL OF ADDISON, TEXAS, AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATES OF OBLIGATION APPROVING THE PREPARATION OF A PRELIMINARY OFFICIAL STATEMENT AND A NOTICE OF SALE AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. 
          STEVEN, I REQUEST FOR 
          [04:00:01]
A FIVE MINUTE BREAK. 
          CAN YOU GIVE US FIVE MINUTES, STEVEN? YES. 
          WE'LL TAKE A FIVE MINUTE BREAK. 
          OKAY. 
          WE ARE BACK IN SESSION AND, UH, WE'VE 
          [b.  Present, discuss, and consider action on a Resolution of the City Council of Addison, Texas, authorizing publication of notice of intention to issue Certificates of Obligation; approving the preparation of a preliminary official statement and a notice of sale; and, providing for the effective date thereof.]
ALREADY READ THE ITEM, SO WE'LL CALL ON STEPHEN GLICKMAN. 
          GREAT. 
          THANK YOU. 
          UH, MAYOR AND COUNCIL, UH, STEPHEN GLICKMAN, CHIEF FINANCIAL OFFICER. 
          UH, THIS EVENING WE HAVE FOR YOU A RESOLUTION, UH, AUTHORIZING THE, UH, PUBLICATION OF A NOTICE OF INTENT FOR OUR 2024, UH, CERTIFICATES OF OBLIGATION. 
          UM, THE NOTICE OF INTENT IS, UH, A LEGAL REQUIREMENT THAT WE'RE REQUIRED TO, UH, PUBLISH THIS, UH, THIS NOTICE THAT'S IN THE RESOLUTION, UH, IN THE DALLAS MORNING NEWS, UM, FOR TWO CONSECUTIVE WEEKS. 
          UM, UH, THE FIRST PUBLICATION WOULD BE THIS, UH, THIS FRIDAY. 
          UH, AND THEN WE'RE ALSO REQUIRED TO PUBLISH THE NOTICE ON OUR WEBSITE FOR 45 CONSECUTIVE DAYS. 
          UH, THAT WOULD ALSO BE ON OUR WEBSITE BY FRIDAY. 
          UM, AND WE'LL ALSO PUBLISH THIS ON OUR, UM, UH, BOND, UH, INVESTOR RELATIONS WEBSITE, ADDISON BONDS.COM. 
          SO A REMINDER OF WHAT OUR, UH, 2024 PROPOSED, UM, CERTIFICATES OBLIGATION CONTAIN. 
          UH, IT'S A TOTAL ISSUANCE OF UP TO $10.7 MILLION. 
          UH, WE HAVE $3.4 MILLION FOR THE CONSTRUCTION OF THE NORTH TEXAS EMERGENCY COMMUNICATIONS, UH, NEW FACILITY, UH, REPLACING THEIR LEASED FACILITY. 
          UH, WE HAVE, UH, $1.15 MILLION FOR REPLACEMENT OF A SPARTAN FIRE ENGINE, UH, $850,000 FOR ADDISON GROVE INCENTIVE PAYMENTS RELATED TO PUBLIC INFRASTRUCTURE, UH, AND THEN $5.3 MILLION, UH, WHICH IS SERVICED FROM THE STORMWATER FUND REVENUE, UH, FOR PROJECTS, UH, THAT INCLUDE, UH, KELLER SPRINGS ROAD, UH, AT $2.8 MILLION. 
          AND THEN THE LAY LOCKS POND, UH, PROJECT AT $2.5 MILLION. 
          UH, SO OUR TIMELINE FOR THIS, UH, CERTIFICATE OF OBLIGATION ISSUANCE IS, UH, ON JUNE 25TH. 
          UH, WE WENT OVER OUR CIP PLAN AND OUR PLAN OF ISSUANCE, UH, WITH THE CITY COUNCIL AT THAT MEETING. 
          UH, WE'RE HERE THIS EVENING WITH THE RESOLUTION TO AUTHORIZE THE NOTICE OF INTENT TO PUB, UH, TO, UH, PUBLICATION, UH, FOR THE COS. 
          UH, AS I MENTIONED ON FRIDAY, WE WOULD PUBLISH THE FIRST NOTE NOTIFICATION OF INTENT, UM, IN THE DALLAS MORNING NEWS. 
          AND ON OUR WEBSITE, UH, WE'LL PUBLISH THAT SECOND NOTICE OF INTENT, UH, PUBLICATION, UH, ON AUGUST 2ND, UM, AUGUST 12TH, WE'LL HAVE, UH, RATINGS CALL SOMETIMES THAT WEEK, UH, AUGUST 28TH, WE WOULD EXPECT TO RECEIVE THOSE RATINGS. 
          AND THEN THE MORNING OF SEPTEMBER 10TH, WE'LL HOLD A COMPETITIVE SALE FOR THE CERTIFICATES. 
          AND THAT EVENING, UM, ON SEPTEMBER 10TH, WE WOULD PRESENT AN ORDINANCE AUTHORIZING THE SALE TO COUNCIL, AND THEN ON OCTOBER 9TH, WE WOULD ANTICIPATE RECEIVING THE PROCEEDS FROM THE BOND SALE. 
          WITH THAT, I'LL BE HAPPY TO ANSWER ANY QUESTIONS ABOUT THE NOTICE OF INTENT QUESTIONS FOR STEVEN. 
          MARLA? UH, THANK YOU MAYOR. 
          YEAH, THE, THE QUESTION I HAVE, I GET ALL, EVERYTHING THAT'S HERE. 
          UM, THE MISSING PIECE FOR ME IS, IS, UH, ON THESE ITEMS RELATED TO THE STORM WATER, UM, FUND. 
          UM, IT'S MY UNDERSTANDING WE HAVE 7.8 MILLION ROUGHLY IN THAT FUND, AND I'M JUST KIND OF LOVE TO HEAR FROM YOU, STEVEN, AS FAR AS, UH, SHARING COLOR, UM, WHY WE WOULD NEED TO TAKE 5.3 MILLION OF DEBT KNOWING THAT WE HAVE 7.8 MILLION IN THE, IN THE FUND. 
          I HAVE NO, I, I, I CAN'T SPEAK TO THE, THE UPCOMING CAPITAL, IMPROVED PROJECTS. 
          I'D LOVE TO GET SOME, GET SOME COLOR IF YOU, WHATEVER YOU CAN SHARE RELATED TO THAT. 
          SURE. 
          ABSOLUTELY. 
          UM, SO WE DO HAVE AROUND $7.8 MILLION IN, IN FUND BALANCE. 
          SO IF WE DID WANT A CASH FUND, THE, THE TWO PROJECTS RELATED TO STORMWATER, YOU'RE TALKING ABOUT $5.3 MILLION. 
          THAT WOULD BRING OUR FUND BALANCE DOWN TO ABOUT TWO, TWO AND A HALF MILLION DOLLARS, WHICH IS STILL, UM, PR PRETTY STRONG FUND BALANCE, UH, FOR THAT STORMWATER UTILITY FUND. 
          UH, WHEN I LOOKED AT, WHEN THIS WAS JUST GONNA BE ONE PROJECT, AND I THINK THE KELLER SPRINGS PROJECT WAS APPROVED FIRST, THAT, UH, ORIGINALLY I WAS THINKING THAT WE WOULD CASH FUND THIS WHEN WE ADDED THE LAY LOCKS POND PROJECT ONTO THAT, IT'S REALLY A BIG REDUCTION. 
          AND WHEN I LOOK AT THAT $5.3 MILLION AND OVER THE 20 YEAR TERM AND HOW MUCH INTEREST WE CAN EARN JUST BY KEEPING THOSE, YOU KNOW, THAT CASH IN OUR BANK, IT COMES OUT TO ABOUT $1.7 MILLION. 
          IF I LOOK AT ABOUT, YOU KNOW, SPENDING HALF OF THAT, YOU KNOW, 5.3 BASICALLY DIVIDED BY 20 YEARS, THE INTEREST EARNINGS THAT WE COULD, WE COULD EARN ON THAT $5.3 MILLION OVER THAT 20 YEARS IS ABOUT 
          [04:05:01]
$1.7 MILLION. 
          PRETTY CONSERVATIVELY. 
          UH, WE'RE GONNA PAY INTEREST OF ABOUT, UM, CONSERVATIVELY $2.7 MILLION OVER THAT 20 YEARS. 
          UH, BUT WE'RE ALSO GONNA EARN SOME INTEREST ON THE PROCEEDS THAT WE RECEIVE FROM THE BOND SALE, UM, UP UNTIL THOSE, UH, BONDS BOND, UH, PROCEEDS ARE SPENT. 
          UM, BUT OVERALL, INSTEAD OF ONE LARGE REDUCTION IN OUR FUND BALANCE VERY QUICKLY, THAT MAY PUT PRESSURE ON RATES IN A, IN A, IN A, UH, A QUICKER WAY. 
          THIS IS MORE OF A SLOWER DRAW DOWN OVER, OVER BASICALLY A 10 YEAR PERIOD. 
          UM, AND I THINK THE YEAR 2033, WE HAVE SOME DEBT THAT FALLS OFF, SO IT CREATES SOME ADDITIONAL CAPACITY. 
          SO OVER THE TERM OF, OF THESE BONDS THROUGH 10 YEARS, YOU'LL SEE THAT THAT DEBT SERVICE, UH, AMOUNT REDUCE OUR FUND BALANCE EACH YEAR AND WE'LL GET PRETTY CLOSE TO, UH, THE, UM, ABOUT A HUNDRED PERCENT OR ABOUT THAT $2.5 MILLION RANGE OF OUR FUND BALANCE IN YEAR 10 RATHER THAN IN YEAR ONE. 
          UM, SO THAT REALLY JUST ALLOWS US TO EARN INTEREST, UH, ON THE EXISTING, UM, UH, FUND BALANCE AND NOT KIND OF KEEP, KEEP OUR POWDER DRY, SO TO SPEAK. 
          OKAY. 
          AND SO YOU DID, UM, YOU DID CONSIDER NOT THE WHOLE 5.3 MILLION, BUT, BUT, BUT BUT USING SOME CASH FOR A, FOR ONE OF THESE OR A PART OF IT? YEAH. 
          ORIGINALLY WHEN IT WAS JUST KELLER SPRINGS, I THOUGHT THAT, THAT I WOULD PRESENT THIS AS BEING CASH FUNDED, BUT SINCE IT WAS TWO AND IT WAS $5.3 MILLION AND IT WOULD TAKE REALLY TWO THIRDS OF THE EXISTING FUND BALANCE, UH, IT DRAW DOWN TO FIVE 5 MILLION. 
          IF YOU, IF YOU, IF WE WERE TO USE KELLER SPRINGS, UH, IF WE WERE TO PAY PAY FOR THAT WITH THE, WITH THE FUNDS THAT WE HAVE, UH, THAT ONE IS $2.8 MILLION AND THEN THE LAY LOCKS PROJECT IS, IS 2.5. 
          RIGHT. 
          BUT WHAT I'M SAYING IS IF WE CASH FUNDED THE KELLER SPRINGS ROAD AND DIDN'T TAKE THE 2.8 THAT WOULD BRING THAT, THAT STORM WATER, IT WOULD FUND DOWN TO 5 MILLION. 
          AND SO WE, WE YOU DID LOOK AT THAT, THAT OPTION. 
          I, I DID. 
          AND, AND YOU KNOW, YOU, YOU KIND OF GET ECONOMIES OF SCALE SINCE WE WERE ALREADY GONNA DO SOME DEBT FROM THE STORMWATER FUND. 
          IT MAKES SENSE TO, TO REALLY DO BOTH OF THESE FROM THE STORMWATER FUND. 
          UM, INTEREST RATES ARE LOW, WE'RE ABLE TO EARN INTEREST, REALLY MORE INTEREST ON OUR FUND BALANCE AND THE INTEREST THAT WE'LL PAY ON THE BOND PROCEEDS AT THIS POINT. 
          UM, SO, SO I DID LOOK AT THAT. 
          UM, IT'S NOT A BIG DIFFERENCE, BUT I MEAN, WHEN YOU THINK OF THE TIME VALUE OF MONEY AND WE'RE GONNA, IF, IF WE SPEND ALL OF THE CASH RIGHT NOW, UM, THAT, THAT, YOU KNOW, CASH IS ULTIMATELY INCREASES OVER TIME WITH THE TIME VALUE OF MONEY. 
          SO, UH, WHEN YOU LOOK AT $5.3 MILLION TODAY, UH, AND WE LOOKED AT THE NET PRESENT VALUE OF WHAT ULTIMATELY, UH, UH, THE DEBT ISSUANCE AND THE DEBT SERVICE WOULD BE, IT'S REALLY A BENEFIT TO SELL THE DEBT RATHER THAN CASH FUND THESE PROJECTS. 
          OKAY. 
          AND WOULD, WOULD YOU SAY PART OF THAT MAY BE JUST BECAUSE OF THE TIMING THAT WE'RE IN RIGHT NOW WITH, UM, INTEREST RATES MAY BE MAYBE DROPPING DOWN AND, AND SOME OF THE, UM, THE INTEREST RATES THAT WE'VE, WE'VE, WE'VE BEEN ABLE TO, TO CAPTURE? WELL, THE GOOD THING ABOUT ON THE DEBT SERVICE IS THAT WE'LL BE ABLE TO COME BACK AFTER NINE OR 10 YEARS AND HOPEFULLY REFUND THESE BONDS FOR THE LA THE REMA, THE FINAL 10 YEARS AT A LOWER INTEREST RATE. 
          THEN IT'LL BE IN THE MATURITIES OF YEARS 11 THROUGH 20. 
          SO THE INTEREST RATE THAT WE'RE PAYING ON THE LAST HALF OF THE DEBT SERVICE IS NOT NECESSARILY THE INTEREST THAT WE'LL PAY THROUGHOUT THE ENTIRE TERM. 
          OKAY. 
          SO WE COULD RE WE COULD DEFINITELY REFINANCE THIS KIND OF DEBT. 
          WE CAN. 
          OKAY. 
          ALRIGHT. 
          GREAT. 
          THANK YOU. 
          YOU'RE WELCOME. 
          OTHER QUESTIONS? I DO HAVE A QUESTION. 
          SO, UH, THAT WAS A REALLY GOOD QUESTION, MARLON. 
          IT'S LIKE, IF WE HAVE MONEY IN THE BANK, WHY DO WE WANNA SPEND IT? AND STEVE, I THOUGHT, I THOUGHT THAT WAS A REALLY GOOD, UM, ANSWER AND, UH, EXPLANATION. 
          IT'S, UH, IT'S A LITTLE ABOVE MY PAY GRADE IN SOME RESPECTS, BUT I, I AM, UM, APPRECIATIVE OF THE CONSIDERATION THAT YOU GIVE FURTHER THAN GIST. 
          WE'VE GOT MONEY IN THE BANK, LET'S SPEND IT, AND, UM, THE, UH, THE TIME VALUE OF MONEY, YOU KNOW, THE BACKSIDE REFINANCING, UM, OR THE, THE LESS INTEREST THAT WE'RE PAYING ALL OF THOSE FACTORS, SO THAT YOU WERE CONSIDER THAT, I'M GLAD WE HAVE YOU IN THAT POSITION. 
          SO THANK YOU FOR DOING THAT. 
          ONE OF THE QUESTIONS I HAD ASKED ON THE COUNCIL QUESTIONS WAS, UM, ABOUT WHEN THESE, UH, FUNDS, UH, WERE OR THESE AMOUNTS WERE APPROVED, UH, AND HOW THEY WERE APPROVED. 
          SO FOR THE PUBLIC OUT THERE, IF YOU WANT TO SEE, UM, THE, THE BACK BACKSTORY ON THAT, IT'S IN THE COUNCIL QUESTIONS THAT'S ATTACHED TO THE UPDATED AGENDA. 
          THAT'S ALL I HAVE. 
          THANK YOU. 
          THANK YOU, DARREN. 
          ANY OTHERS? IS THERE A MOTION 
          [04:10:01]
MOVED? TORA MOTION. 
          THANK YOU, NANCY. 
          SECOND. 
          SECOND. 
          WHO WAS SECOND? DAN? THANK YOU, DAN. 
          ANY DISCUSSION? ALL IN FAVOR? AYE. 
          AYE. 
          AYE. 
          AYE. 
          ANY OPPOSED? ALL RIGHT. 
          ITEM SIX B IS APPROVED AND WE HAD ONE ITEM REMAINING FROM THE WORK SESSION, UH, WHICH WAS, UM, ITEM FOUR E. 
          AND WE WILL GO AHEAD AND POSTPONE THAT UNTIL A, UH, LATER MEETING. 
          AND, UM, THEN WE'LL GO TO THE, OUR FINAL ITEM, WHICH 
          [7. Items of Community Interest. The City Council will have this opportunity to address items of community interest, including: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition; a reminder about an upcoming event organized or sponsored by the Town of Addison; information regarding a social, ceremonial, or community event that was or will be attended by an Addison City Council member or an official; and, announcements involving an eminent threat to public health and safety in Addison that has arisen since posting this agenda.]
IS ITEM SEVEN, ITEMS OF COMMUNITY INTEREST, OPPORTUNITY FOR COUNSEL TO EXPRESS ANY, UH, UH, THANKS, CONGRATULATIONS, CONDOLENCE INFORMATION THEY'D LIKE TO SHARE. 
          ANYTHING LIKE THAT? DOES ANYBODY HAVE ANYTHING? MAYOR? I'VE GOT, NO, I'VE GOT A COUPLE THINGS I WANNA SHARE. 
          UM, SO, UH, COUNCIL MEMBER DE FRANCISCO AND I, UH, RECENTLY TOOK IN A, A FUN LITTLE EVENT, THE HOTDOG SOCIAL AT THE ADDISON ATHLETIC CLUB. 
          AND ONE OF THE THINGS WE WERE, WE WERE SHARING WITH ONE ANOTHER WAS HOW, HOW NICE THAT WAS AND, UM, HOW GREAT THAT IS THAT THAT, THAT OUR COMMUNITY OFFERED SOMETHING LIKE THAT. 
          AND, UM, YOU KNOW, THE OTHER THOUGHT WITH THAT IS IS IT'S A LOT, IT'S A LOT OF DIFFERENT, UH, THINGS I'M SEEING A LOT OF PROGRAMMING. 
          UH, I KNOW IT'S MORE THAN THE ADDISON ATHLETIC CLUB PARKS AND REC, BUT I'M JUST SEEING A LOT OF, UH, A LOT OF PROGRAM, A LOT MORE THAN I'VE EVER SEEN, UM, WHETHER IT'S TEXAS, HOLDEN, IT'S JUST A BUNCH OF DIFFERENT THINGS, BUT I'M SEEING A LOT OF OPPORTUNITIES FOR OUR COMMUNITY TO COME TOGETHER AND MEET ONE ANOTHER AND HAVE A GREAT TIME. 
          UM, AND IT'S JUST NEAT, NEAT TO SEE IT. 
          SO, UH, I JUST WANTED TO SHARE THAT. 
          YEAH, AND I HAVE TO SECOND THAT, UH, THE HOTDOG NIGHT WAS GREAT. 
          UM, IT, IT WAS KIND OF JUST A LAST MINUTE THING WE WENT WITH OUR FAMILY AND I WAS REALLY EXCITED TO SEE POLICE AND FIRE COOKING HOT DOGS, AND IT WAS A GREAT MIX OF OUR COMMUNITY, YOUNG AND OLD ALIKE, AND I'M JUST HAPPY TO SEE WE DO THINGS LIKE THAT. 
          YEAH, THAT'S, THAT'S GREAT. 
          AND THAT BECAUSE THAT ATHLETIC CLUB IS MUCH MORE THAN ATHLETIC CLUB. 
          IT'S A COMMUNITY CENTER, AND THAT'S WHAT I, I REALLY LOVE SEEING THAT. 
          UH, I, I, THE ONLY THING I HAD TO JUST SAY TO SAY ON THIS WAS, UH, WE JUST WOULD LIKE TO CONGRATULATE, UH, ASSISTANT CHIEF METZER ONCE MORE, UH, REALLY PROUD OF HIM. 
          UH, THEN THE OTHER THING THAT, UH, IT'S NOT VERY GLAMOROUS OR ANYTHING, BUT A LONG-TERM PROJECT WAS RECENTLY COMPLETED FOR A 15 YEAR PROJECT THAT THE POLICE DEPARTMENT DID. 
          THEY'VE DIGITIZED EVERYTHING GOING BACK TO 19 72, 240 1000 ARREST REPORTS AND OVER, WHICH IS OVER TWO AND A HALF MILLION PAGES THAT THEY'VE SCANNED AND DIGITIZED. 
          AND SO THE STAFF THAT DID THAT, GOD BLESS YOU, PEOPLE CAN, THEY CAN DO A LONG-TERM PROJECT LIKE THAT. 
          'CAUSE THAT IS NOT MY WILL HOUSE FOR SURE. 
          BUT THAT'S GREAT. 
          WE, IT IS A GREAT ACCOMPLISHMENT AND JUST LIKE TO THANK THE, UH, THE FOLKS THAT PARTICIPATED IN THAT, THAT WORK HERE NOW, AND IT HAVE PREVIOUSLY WORKED HERE. 
          I'M SURE THERE'D BEEN SOME THAT HAVE GONE, UH, DURING THAT TIME, BUT, UH, BUT THAT'S A, THAT'S A GREAT ACCOMPLISHMENT. 
          SO THANKS FOR ALL THAT. 
          ANYTHING ELSE FROM ANYBODY? GREAT. 
          IT IS 9 32. 
          WE WILL ADJOURN FOR THE NIGHT. 
          HAVE A GREAT EVENING EVERYBODY. 
          THANK YOU.
* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.