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[1. Call Meeting to Order and Announce that a Quorum is Present]
EVERYBODY.IT IS FOUR OH ONE AND WE'LL CALL THE ORDER OF THIS MEETING OF THE ADDISON CITY COUNCIL ON AUGUST 6TH, 2025.
WE HAVE A QUORUM PRESENT TODAY WITH ALL, UH, MEMBERS OF COUNCIL IN ATTENDANCE.
AND AS ALWAYS, WE WOULD LIKE TO START OUR MEETINGS HERE WITH THE PLEDGE, BOTH OF OUR FLAGS.
IF YOU'LL PLEASE WRITE, I PLEDGE ALL TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.
I PLEDGE TO THE TEXAS ONE STATE UNDER GOD ONE AND DIVISIBLE.
UH, DO YOU NEED TO HAVE ANYTHING BEFORE WE GET STARTED? NOPE.
[a. Present and discuss the Proposed Annual Budget for the Town of Addison for Fiscal Year 2026 (Beginning October 1, 2025, and Ending September 30, 2026), including, but not limited to, the General Fund, Utility Fund, Stormwater Fund, Airport Fund, Hotel Fund, Economic Development Fund, Information Technology Fund, Capital Replacement Fund, Infrastructure Investment Fund, and Long-Term Planning.]
THREE, OUR WORK SESSION REPORTS THREE A PRESENT AND DISCUSS THE PROPOSED ANNUAL BUDGET FOR THE TOWN OF ADDISON FOR FISCAL YEAR 2026, BEGINNING OCTOBER 1ST, 2025, AND ENDING SEPTEMBER 30TH, 2026.INCLUDING BUT NOT LIMITED TO THE GENERAL FUND, UTILITY FUND, STORM, STORMWATER FUND, AIRPORT FUND, HOTEL FUND, ECONOMIC DEVELOPMENT, FUND INFORMATION TECHNOLOGY FUND, CAPITAL REPLACEMENT FUND, INFRASTRUCTURE, INVESTMENT FUND, AND LONG TERM PLANNING.
I'LL JUST, UM, SAY A COUPLE WORDS.
WE'RE GONNA JUMP STRAIGHT TO WHERE WE LEFT OFF, OFF, LEFT OFF IN THE PRESENTATION YESTERDAY WITH BECKY GOING OVER HER BUDGETS.
WE, VALENCIA DID SEND ON AN UPDATED PRESENTATION TO YOU JUST IN THE PAST HOUR OR SO, ALL THE PRESENTATION.
THE ONLY DIFFERENCE IS WE ADDED A COUPLE SLIDES RELATED TO TASTE ADDISON IN RESPONSE TO THE MEETING YESTERDAY.
SO, UM, THOSE WILL BE THE CHANGES WHEN YOU LOOK AT THE DIFFERENCES ON THE PRESENTATIONS, WHICH YOU'LL SEE WHEN ABBY PRESENTS SHORTLY.
BUT WITH THAT, WE'LL LET BECKY GET ROLLING.
AND BEFORE YOU JUMP IN, BECKY, SO WE HAVE SOME PRESENTATIONS THAT WERE PREPARED THAT WE'RE NOT GOING TO SEE PRESENTATIONS ON.
SO, UM, EVERY DEPARTMENT, AS I MENTIONED YESTERDAY, EVERY DEPARTMENT MADE PRESENTATIONS SIMILAR TO THE ONE THAT YOU SAW FOR AIRPORT THAT YOU'LL SEE FOR PUBLIC WORKS AND THEN FOR SPECIAL EVENTS AND THEATER.
WE JUST DID NOT HAVE, UM, ROOM IN THE WORK SESSION MEETINGS LEADING UP TO THE BUDGET FOR THOSE PRESENTATIONS.
STAFF DID SPEND A LOT OF TIME PREPARING THOSE.
A LOT OF REALLY GOOD INFORMATION.
IF YOU HAVE ANY QUESTIONS AS YOU GO THROUGH THOSE, WE ARE HERE AND THE TEAM IS READY TO ANSWER ANY QUESTIONS THAT YOU HAVE.
YEAH, REALLY GOOD TO JUST DIG INTO THOSE.
A LOT OF GOOD INFORMATION YOU CAN GET FROM JUST READING THROUGH THOSE.
THEY WILL NOT BE BROUGHT TO US AT ALL IN THEIR PUBLIC MEETING.
BUT THEY'RE ALL IN YOUR, UH, ALL IN YOUR, IN YOUR, UH, DOCUMENT THERE, BECKY.
BECKY DIRECTOR CALLED THE WORKS AND ENGINEERING.
I'M EXCITED TO BE HERE TODAY TO TALK TO YOU ABOUT MY FAVORITE DEPARTMENT.
DO YOU FORGET WHAT IT IS? THIS IS NOT.
SO LET'S START OFF WITH MAJOR ACCOMPLISHMENTS FOR 2025.
SO FIRST AND FOREMOST, UM, THE DEPARTMENT SECURED 2.6 MILLION IN TDOT HIGHWAY AND SAFETY IMPROVEMENT PROGRAM GRANTS.
YOU'LL SEE THOSE, UH, BEING MOVED FORWARD THROUGH, UH, OUT THE TOWN, UM, WITH TRAFFIC SIGNAL IMPROVEMENTS.
UM, AND SOME OF THOSE ALSO INCLUDE PEDESTRIAN IMPROVEMENTS.
UM, THE SECOND ITEM THAT WE WANTED TO BRING FORWARD IS THE RELATIONSHIP WE'VE BEEN ABLE TO ESTABLISH WITH THE CITY OF DALLAS TO COORDINATE THAT APPROVAL OF THE BOUNDARY ADJUSTMENT OF MONTFORD DRIVE, ALONG WITH SEVERAL OTHER IMPORTANT, UM, LOCATIONS THROUGHOUT TOWN, UM, INCLUDING ARAPAHOE.
UM, WORKING WITH THEM ON SOME OF THE IMPROVEMENTS WE'VE RECENTLY MADE, UM, AT BELTLINE AND MONTFORD, UM, AND MANY OTHERS THROUGHOUT TOWN.
UM, ONE THING I WOULD MENTION TO YOU, THIS HAS BEEN IN COORDINATION WITH THE PARKS DEPARTMENT, UM, IN COORDINATING SOME OF THE TRAIL AND BIKE AND PET IMPROVEMENTS ALSO, WE DEVELOPED A, UM, DEPARTMENT WIDE DASHBOARD.
I REALIZE THAT'S SOMETHING MAYBE THAT YOU DON'T SEE, BUT IT'S VERY IMPORTANT TO ME.
UM, OUR DEPARTMENT HAS AN ENTIRE DASHBOARD WITH EVERY SINGLE DIVISION, EVERY FORM, EVERY SMART SHEET, EVERY ITEM, UM, ANYTHING THAT ANY OF OUR TEAM NEEDS AT ANY PERIOD OF TIME.
IT'S ALL LOCATED IN ONE SPACE.
IT MAKES IT VERY USER-FRIENDLY FOR ALL OF OUR TEAM.
UM, ONE OF THE ITEMS I'LL BRING TO YOUR ATTENTION IS AN ON-CALL REPORTING FORM.
WE HAVE A LOT OF AFTER HOURS EMERGENCIES THAT HAPPEN, UM, FROM TIME TO TIME.
AND SO THERE'S A FORM ON THERE WHERE OUR TEAM CAN GO IN AND ACTUALLY HIGHLIGHT, UH, THOSE DIFFERENT ON-CALL EMERGENCIES.
UM, WE'VE KICKED OUT THE MASTER TRANSPORTATION PLAN UPDATE.
UM, WE PLAN TO BRING THAT DRAFT TO YOU HERE AT THE END OF THE MONTH.
AND OF COURSE, THE THING THAT WE'RE MOST EXCITED ABOUT IS THAT PEDESTRIAN TOOLBOX, UM, THAT WE'VE ADDED TO THAT DEPARTMENT.
UM, WE'VE COMPLETED THE WATER AND WASTEWATER
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MASTER PLAN.UM, THE PROCESS WE'RE CURRENTLY GOING THROUGH NOW IS TAKING THAT MASTER PLAN, TAKING THE DEEPER DIVE, LOOKING AT IMPROVEMENTS, UM, IN SPECIFIC AREAS THAT ARE RECOMMENDED IN THE PLAN AND LOOKING AT DEVELOPING FUTURE CIP PROJECTS.
UM, WE'VE ALREADY STARTED DOING SOME INTERNAL, UM, RECONNAISSANCE ON SOME OF THE LINES OR SOME OF THE PROJECTS THAT THE MASTER PLAN HAS BROUGHT FORWARD.
OF COURSE, WE BEGAN CONSTRUCTION OF KELLER'S FRAMES.
UM, WE HAVE COMPLETED THE ORIGINAL SUBMISSION TO TCEQ FOR THE LEAD AND COPPER ROLL REVISIONS, THE LCRR.
UM, THAT DEADLINE HAS ALL BEEN COMPLETED AND WE HAVE FINALIZED, UH, THE LEAD SERVICE FIELD INVESTIGATION AND I'M HAPPY TO REPORT THAT, UM, OF THE ALL THE LEAD SERVICES IN TOWN, THERE WERE FIVE OF WHICH HAVE ALREADY BEEN REPLACED AND WE HAVE NO OTHER LEAD SERVICES IN TOWN, AND WE'RE WORKING ON UPDATING ALL OF OUR WEBSITES, UM, AND ALL OF OUR INFORMATION AT THIS TIME.
AND THEN OF COURSE, AS YOU'VE SEEN AND AS WE'RE GOING TO CONTINUE TO DO, UH, WE'VE COMPLETED SEVERAL PEDESTRIAN SAFETY IMPROVEMENTS THROUGHOUT TOWN OBJECTIVES FOR THIS UPCOMING YEAR, UM, WAS TO COMPLETE THE INVENTORY AND CONSTRUCTION OF LEAD SERVICE LINE REPLACEMENTS.
UM, THAT'S ACTUALLY ALREADY BEEN COMPLETED SINCE WE PUT THIS TOGETHER.
UM, NOW LIKE I SAID, WE'RE JUST TAKING THAT AND MAKING IT FORMAL SO IT CAN BE SUBMITTED TO TCEQ.
UM, WE'RE IN THE DRAFT STAGE OF AN RFP FOR THAT A MI PROCESS SO THAT WE CAN BEGIN THAT CONSTRUCTION OF MODERNIZING ALL OF OUR, UH, BAR METERS TO THAT, UH, A MI SYSTEM.
WE WILL BE IMPLEMENTING THE MASTER TRANSPORTATION PLAN BY, UM, TAKING THE PEDESTRIAN TOOLBOX AND OTHER ELEMENTS THAT COME UP THROUGH THAT TRANSPORTATION PLAN AND ACTUALLY IMPLEMENTING THOSE, IMPLEMENTING THE WATER WASTEWATER MASTER PLAN.
UM, AS I MENTIONED, ONE OF THE AREAS I'LL HIGHLIGHT IS VI TRIVION.
THERE'S SEVERAL SEWER LINES IN THAT AREA THAT HAVE COME TO OUR, UM, KNOWLEDGE THROUGH THE, UH, PROCESS OF LOOKING AT IN THE FLOW MONITORING AND A LOT OF THE WORK THAT WAS DONE AS A PART OF THE MASTER PLAN, WHICH HAS ALLOWED OUR STAFF TO ACTUALLY GO OUT AND DO FIELD RECONNAISSANCE AND LOOK AT SPECIFIC SEWER LINES IN THOSE AREAS WHERE THERE ARE SOME CONCERNS OR AREAS WHERE WE COULD MAKE SOME IMPROVEMENTS.
FOUR, WE'RE GONNA BE WORKING TO COMPLETE THE DESIGN OF MONTFORD DRIVE.
UM, CONTINUE THE DESIGN OF FORM DRIVE FROM ARAPAHOE TO THE DALLAS NORTH 12 WAY, WHICH IS THE SECOND PHASE OF THE, UH, CORN PROJECT.
WE'LL CONTINUE TO SUPPORT OUR FRIENDS IN PARKS WITH THE QUORUM DRIVE FIVE LANE PROJECT FROM ARAPAHOE
WE WILL BE COMPLETING THE, UH, JIMMY DOOLITTLE DRIVE, UH, ROADWAY CONSTRUCTION WATER SEWER PROJECT, UM, IN SUPPORT OF THE AIRPORT AND THEN IMPLEMENTING AN RFP FOR ENGINEERING SERVICES.
YOU MAY NOT BE AWARE, BUT, UM, THE ENGINEERING SERVICES RFQ HAS NOT COME THROUGH THE TOWN SINCE 2017.
SO WE'RE CURRENTLY IN THE PROCESS OF UPDATING THAT TO EXPAND THE SCOPE OF SERVICES TO INCLUDE GENERAL SERVICES AND THE PARKS DEPARTMENT, WHICH WILL ALLOW US TO HAVE A LIST OF DIFFERENT SERVICES THAT CAN BE PROVIDED TO THE TOWN FOR THOSE TYPES OF EXPERTISE THAT THE TOWN DOES NOT HAVE AND HELP SUPPORT THE PROJECTS THAT NEED TO BE COMPLETED.
SO JUST A LITTLE BIT OF PERFORMANCE METRICS TO YOU.
THIS MAY LOOK LIKE A LOT OF PRETTY PICTURES TO ME.
UM, WE HAVE 65,000 LINEAR FEET OF SANITARY SPHERE MAIN THAT HAS BEEN CLEANED AND CCTV, WHICH IS, UM, TELEVISING, UH, THROUGH THE CAMERA SYSTEM, ACTUALLY PUTTING A CAMERA THROUGH THE SEWER LINE TO LOOK AT THE CONDITION.
SO THAT'S A PROCESS THAT WE DO THROUGHOUT THE TOWN.
UM, WE HAVE ACTUALLY PURCHASED FROM DALLAS WATER UTILITIES, 40 BILLION GALLONS OF WATER THIS YEAR OR OVER THE FISCAL YEAR.
WE COLLECTED 1,409 POUNDS OF HAZARDOUS HOUSEHOLD WASTE.
UM, WE USED 11.5 TONS OF COLD MIX FOR POTHOLES THROUGHOUT TOWN.
WE ACTUALLY EXERCISED, UM, THE FIRE HYDRANTS AND THE MAIN LINE VALVE.
466 OF THOSE, THERE ARE 2018, UH, PIPES, UM, THAT ACTUALLY WERE INSPECTED FOR LEAD.
THOSE ARE ALL THOSE SERVICE LINES.
I MENTIONED TO YOU EARLIER THAT WE COMPLETED THE INSPECTION ON, UM, 50,000 LINEAR FEET OF STORM DRAIN PIPE WAS INSPECTED AND WE COLLECTED, UM, ALL THE BULK TRASH, UH, REQUESTS THAT WE GET THROUGH THE FIX IT APP OR THE WEBSITE OR THE TELEPHONE CALLS OR EMAILS.
UM, AT THIS POINT WE'VE DONE 1001 ACTUAL WORK ORDERS FOR BULK TRASH.
SO THAT'S A COUPLE OF DAYS A WEEK.
OUR, OUR, UH, TEAM IS ACTUALLY OUT THERE COLLECTING THAT BULK TRASH.
SO LET'S TALK A LITTLE BIT ABOUT RESOURCE MAXIMIZATION.
I KNOW STEVEN WENT INTO THIS A LITTLE BIT, UM, YESTERDAY.
SO THERE'S SOME PRETTY FANCY WORDS UP THERE THAT BASICALLY
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DESCRIBE A BA TECHNOLOGY.UM, THIS WAS A TECHNOLOGY THAT WAS USED ON BELTWAY DRIVE AT VILLAGE ON THE PARKWAY, AND IT WAS USED TO DETERMINE THE USEFUL LIFE OF THE WATER LINE.
UM, THERE'S ACTUALLY TWO DUCTILE IRON WATER LINES IN THAT AREA THAT WERE INSTALLED OVER 50 YEARS AGO.
WHAT THE RESULTS SHOWED US IS THAT THE LINES ARE IN GOOD CONDITION AND THEY HAVE A REMAINING USEFUL LIFE, WHICH IS REALLY THE TECHNOLOGY OR THE TERMS THAT WE USE WHEN WE, WHEN WE DESCRIBE INFRASTRUCTURE OF APPROXIMATELY, UM, 20 YEARS.
THE ASSESSMENT WAS PERFORMED BY, UM, RJN GROUP USING THIS A DA TECHNOLOGY.
IT WAS $16,000 TO DO THAT TECHNOLOGY.
AND AS STEVEN MENTIONED, THIS WAS A PROJECT SCHEDULED IN THE CIP.
UM, AND IT WAS BUDGETED FOR CONSTRUCTION AT $1.1 MILLION.
UM, AND WE WERE ABLE TO REMOVE THAT AND ABLE TO HAVE THE RECOMMENDATION TO DO AN ADDITIONAL ASSESSMENT IN FIVE YEARS, WHICH WILL BE AROUND THE SAME PRICE OF $16,000.
SO NOT ONLY DID WE DELAY THE CONSTRUCTION TIMELINE, WE DELAYED THE CONSTRUCTION IMPACT TO THE TOWN.
UM, AND WE SAVED APPROXIMATELY 1.1 MILLION.
THE NEXT ITEM IS, UM, PART OF OUR STORM WATER SYSTEM.
WE WERE ABLE TO PERFORM IN 14 LOCATIONS THAT WERE IDENTIFIED, UM, STORM WATER IN PLACE REPAIRS.
SO THE OVERALL COST TO MAKE THESE REPAIRS, UM, WAS APPROXIMATELY $70,000.
WE WERE ABLE TO ACTUALLY IN PLACE REPAIR 14 LOCATIONS AT APPROXIMATELY A THIRD OF WHAT THE ORIGINAL ENGINEER'S ESTIMATE WAS.
SO TO DO THE INDIVIDUAL POINT REPAIRS AT THESE LOCATIONS WAS ABOUT $118,000.
WE DID HAVE ONE LARGER REPAIR THAT HAD A COST OF ABOUT $13,000, BUT OVERALL WE SAVED ABOUT $570,000.
UM, OF THOSE 13 LOCATIONS, UM, BECAUSE THEY WERE LESS INVASIVE, WE DID NOT HAVE TO ACTUALLY DO STRIP REPAIRS.
IF YOU GET IN THERE, MAKE THE REPAIR OF THE, UM, STORM SEWER LINE AND ACTUALLY NOT HAVE TO DIG UP THE ROADWAY.
UM, AND ALL OF THOSE 13 REPAIRS TO THE SUBSTANTIALLY LESS AMOUNT OF TIME IN THE ORDER OF LIKE ONE DAY VERSUS ONE WEEK FOR EACH REPAIR.
SO, UM, THAT'S A PRETTY BIG, UM, CELEBRATION FOR THE TEAM.
SO NEXT, UM, YOU CAN SEE THE EMPLOYEES, UM, AND REALLY THE CHANGES ARE WITH THE, UM, UTILITY BILLING SUPERVISOR AND ACCOUNTING SPECIALIST BEING MOVED FROM THE UTILITY FUND TO THE AIRPORT FUND.
HERE'S THE ORGANIZATIONAL CHART.
UM, I THINK YOU'RE ALL AWARE OF WHO JUAN AND TODD ARE.
UM, BUT THIS IS WHAT OUR TEAM IS MADE UP OF.
UM, NICOLE IS OUR DEPARTMENT ASSISTANT WHO WORKS DIRECTLY WITH MYSELF.
UM, TODD HAS THREE DIFFERENT DIVISIONS.
THE BOND PROGRAM DIVISION, THE CAPITAL IMPROVEMENT PROGRAM DIVISION, AND THEN THE WIRE WAY CONSTRUCTION DIVISION.
UM, JUAN HAS MORE OF THE OPERATIONS SIDE, WHICH IS SEAN CHAIRS OVER STORMWATER.
UM, JUSTIN HARDING, OVER LINE MAINTENANCE.
UM, WE HAVE A VACANT STREETS AND TRAFFIC POSITION.
AND THEN, UM, JASON SUTTON WHO HAS OVER WATER QUALITY, WHICH IS A FANCY WORD TO DESCRIBE ALL THE ELEVATED TANKS UP STATIONS, LIFT STATIONS, UM, THROUGHOUT TOWN.
SO HE'S MAKING SURE THAT YOU'RE GETTING, UH, SERVICE AND SERVICES BEING COLLECTED.
AND THEN OF COURSE YOU CAN SEE THE FTES THAT REPORT TO THEM.
SO WE'RE GONNA GO INTO THE STREETS DIVISION GENERAL FUND.
YOU CAN SEE THAT THE CHANGE FROM FY 25 TO FY 26 IS VERY MINIMAL, ABOUT 1.6%.
AND NOW WE'LL GO INTO THE UTILITY FUND AND TALK SPECIFICALLY ABOUT THE DECISION PACKAGES.
SO THERE ARE FOUR DECISION PACKAGES THAT ARE BEFORE YOU.
THEY'RE NOT IN ANY PARTICULAR ORDER AS TO HIERARCHY.
AND YES, I WOULD REALLY LIKE TO HAVE 'EM ALL FOR.
UM, SO THE FIRST ONE IS CHLORINE ANALYZERS, PH AND RESIDUAL MONITOR UPGRADES.
SECOND ONE SURVEYOR WATER TOWER CONTROL VALVE.
THIRD IS THE CELESTIAL PUMP STATION ELECTRICAL ASSESSMENT.
AND FOURTH IS A MULTI-SENSOR INSPECTION OF A SEWER LINE THAT'S A PART OF THE NORTH DALLAS WATER SUPPLY CORPORATION.
SO I'M GONNA GO INTO GREATER DETAIL OF THESE FOUR.
SO THE FIRST ONE IS THE CHLORINE ANALYZERS.
UM, THERE ARE CL SEVENTEENS, PH MONITORS, WHICH ARE ACTUALLY READING THE PH OF THE WATER AND THEN THE RESIDUAL MONITOR.
UM, THESE OF ALL THESE TYPES OF EQUIPMENT HAVE ALL EXCEEDED THEIR USEFUL LIFE.
UM, AND ACCORDING TO OUR ASSET MANAGEMENT PROGRAM AND ALL OF OUR MAINTENANCE RECORDS, THEY SERVE AT ALL OF OUR FACILITIES.
SO ADDISON CIRCLE, WATER TOWERS, SURVEYOR, PUMP STATION AND WATER TOWER AND CELESTIAL PUMP STATION AND GROUND STORAGE TANKS TO REPLACE
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THESE, UH, DIFFERENT UPGRADE, UH, SYSTEMS. SO THE CORN ANALYZER, PH AND RESIDUAL MONITOR, IT'S APPROXIMATELY 60,000 AND WE'RE PROPOSING THAT TO COME OUTTA THE UTILITY FUND.THE SECOND PRIORITY IS THE SURVEYOR WATER CONTROL VALVE.
UM, THE EXISTING VALVE THAT'S LOCATED THERE, UM, THE ORIGINAL PURPOSE FOR THAT VALVE AND FOR THE OPERATION HAS CHANGED.
SO THE VALVE ACTUALLY, UM, THAT WE WOULD LIKE TO HAVE IN THIS AREA, UM, WOULD BE A BUTTERFLY VALVE.
UM, RIGHT NOW IT'S AN ALTITUDE VALVE, SO THAT'S VERY, GETTING VERY TECHNICAL, BUT THE BUTTERFLY VALVE WILL ACTUALLY ALLOW US TO THROTTLE BACK AND FORTH THE AMOUNT OF WATER THAT NEEDS TO GO FROM DIFFERENT LOCATION.
WE HAVE THE ABILITY TO TAKE WATER FROM ONE OF THE ELEVATED STORAGE TANKS AND MOVE IT THROUGHOUT TOWN TO THE OTHER ELEVATED STORAGE TANK IF WE NEED TO DO MAINTENANCE OR PUSH WATER TO OTHER PARTS OF TOWN.
SO WE'RE REQUESTING $40,000, UM, TO REPLACE THAT VALVE ITSELF AND THE SCADA CONTROLS, WHICH IS THE SYSTEM THAT ALLOWS US TO REMOTELY LOOK AT OUR SYSTEM IN THE ELECTRONICS TO HELP US CONTROL THE FLOW THROUGHOUT THE TOWN.
THE THIRD PROJECT IS THE CELESTIAL PUMP STATION ELECTRICAL ASSESSMENT.
SO THIS PROJECT IS IMPORTANT BECAUSE THE ELECTRICAL CABINETS THAT ARE LOCATED INSIDE THIS FACILITY ARE FROM THE 1980S.
UM, AN ASSESSMENT HAS NOT BEEN COMPLETED TO SEE, UM, THE CONDITION OF THE ACTUAL, UH, ELECTRICAL CONTROL CABINETS, THE WIRING.
WE WOULD LIKE TO HAVE SOMEONE COME IN THAT IS AN ELECTRICAL ENGINEER, UM, IN NATURE AND HAVE THAT OVERALL SYSTEM EVALUATED.
OUR ASSET MANAGEMENT SYSTEM CURRENTLY CLASSIFIES IT AS IN POOR FAILED CONDITION.
IT'S ESSENTIAL THAT THIS ELECTRIC ELECTRICAL CABINET IS OPERATING TO ITS OPTIMAL PERFORMANCE BECAUSE WE RELY ON THIS OBVIOUSLY TO PROVIDE DRINKING WATER TO THE RESIDENTS AND TO KEEP THE PUMP STATION OPERATIONAL.
UM, AND WE'RE REQUESTING $225,000 FOR THE OVERALL ENGINEERING PRELIMINARY STUDY ASSESSMENT EVALUATION.
THIS IS NOT SOMETHING THAT ANYONE ON OUR STAFF HAS THE ABILITY TO DO.
UM, IF YOU LOOK REALLY CLOSELY AT THOSE SIGNS, THEY SAY DANGER, KEEP OUT.
THAT'S BECAUSE IT'S HIGH VOLTAGE ELECTRICAL.
UM, MY STAFF DOES NOT GET INTO THE ELECTRICAL CABINETS.
UM, WE DON'T HAVE THAT, UH, EXPERTISE.
AND THEN THE FOURTH ITEM IS A MULTI-SENSOR INSPECTION AND CONDITION ASSESSMENT.
I THINK YOU'RE ALL AWARE, UM, THE NORTH DALLAS WATER SUPPLY CORPORATION IS A CORPORATION THAT, UM, IS A PART OF ADDISON AND FARMERS BRANCH.
UM, THE, THE PIPELINES, IT'S THEMSELVES ARE SUPPOSED TO HAVE BEEN, UM, INSPECTED EVERY 10 YEARS.
THIS HAS NOT HAPPENED IN OVER 20 YEARS.
IN 2006, UM, THAT'S HARD TO BELIEVE.
2006 'CAUSE I HAVE A CHILD THAT WAS BORN THAT YEAR OLD.
UM, BUT WE WANT TO HAVE THE OPPORTUNITY TO GO IN AND DO 40 LO 40,000 LINEAR FEET OF SANITARY SEW LINE INSPECTION, A THOUSAND MANHOLES.
UM, AND THEY WILL BASICALLY GO IN AND EVALUATE EVERY SINGLE PIPE SECTION, EVERY SINGLE MANHOLE, AND GIVE US AN OVERALL MATRIX OF USEFUL LIFE.
THEY'LL BE ABLE TO, UM, USE WHAT WE CALL MULTISENSOR INSPECTION.
SO THEY'RE GOING IN OPENING EVERY MANHOLE, LID, CAMERAING, EVERY SINGLE SEWER LINE, DOING A VISUAL INSPECTION, AND THEN NASCO, WHICH IS WHAT THE INDUSTRY STANDARD IS, THEY WILL CODE PER NASCO.
SO FOR THAT, IT MEANS IT'LL GIVE US A CLASSIFICATION.
THIS DETERMINATION WILL THEN HELP US CREATE, UM, A MATRIX, OR THEY WILL CREATE A MATRIX THAT WILL HELP US DETERMINE IF THERE'S ANY PIPELINE IN THAT 3000 LINEAR FEET OR MANUAL THAT IS IN A FAILING CONDITION.
AND THEN FROM THERE WE'LL BE ABLE TO GO THROUGH AND DEVELOP CIP PROJECTS AND HOPEFULLY NOT ANY EMERGENCY PROJECTS THAT NEED TO BE COMPLETED.
UM, AS I MENTIONED, THAT JOINT VENTURE WAS CREATED IN 1991.
UM, AND WE HAVE BEEN IN, UH, CONVERSATION, UH, WITH FARMERS BRANCH ON A VERY REGULAR BASIS.
WE'VE ACTUALLY HELD ONE MEETING WITH THEM ALSO.
UM, AND THIS OVERALL PROJECT IS BEING SPLIT BETWEEN FARMERS BRANCH AND ADDISON.
AND THE COST TO ADDISON IS APPROXIMATELY $377,000 TO DO THIS VERY EXTENSIVE.
UM, KEEP IN MIND THESE ARE VERY LARGE SEWER LINES AND THEY ARE CARRYING LARGE AMOUNTS OF FLOW.
SO THE TECHNOLOGY BEING USED TO ACTUALLY DO THE INVESTIGATION IS, UM, A VERY SPECIFIC TYPE OF TECHNOLOGY TO BE USED TO BE ABLE TO SEE THE CONDITION OF THE PIPE.
IT WILL ACTUALLY USE, UM, SEMINAR TO BE ABLE TO CREATE AN IMAGE THAT WILL HELP US WITH THAT.
AND I'M GONNA TURN IT OVER TO STEVEN AND LET HIM TALK SPECIFICALLY ABOUT THE MINE.
WHAT, WHAT WAS FARMER'S RENT TO SHARE OF THIS?
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UM, THEY BUDGETED APPROXIMATELY $550,000.AND DID THEY ALREADY SIGN OFF ON THEIR COUNCILS ALREADY APPROVED? UM, THEY WERE ACTUALLY TAKING THAT THROUGH THEIR BUDGET PROCESS ALSO.
UM, SO THROUGH OUR CONVERSATIONS WITH THEM, UM, THERE ARE PERCENTAGES THAT WERE SET UP IN AN ORDINANCE SEVERAL YEARS AGO OF WHAT PERCENTAGE ADDISON'S RESPONSIBLE FOR VERSUS FARMERS BRANCH.
AND SO IN OUR JOINT MEETING THAT WE HELD, WE BOTH AGREED TO TAKE OUR PORTIONS FORWARD, UM, THROUGH OUR BUDGET PROCESS.
ON SLIDE 60 THAT YOU MENTIONED, THE LIFESPAN MM-HMM
WHAT, WHAT IS THE LIFESPAN OF THAT ITEM? THE ANALYZER? UH, THESE VARY, UM, A LOT OF TIMES IT DEPENDS ON THE ACTUAL CONDITION, WHETHER THEY'RE SUBMERGED, NOT SUBMERGED OUT THE ELEMENTS, NOT ANY ELEMENTS.
SOME OF 'EM LAST 20, 25 YEARS, SOME OF THEM LAST A VERY MUCH SHORTER TIMEFRAME.
SO IT VARIES DEPENDENT UPON THE SITUATION.
UM, BUT OF ALL OF THESE, THE, THE OVERALL GOAL WOULD BE TO REPLACE THEM ALL TO BRING THEM UP TO CURRENT STANDARD, WHICH WILL ALSO HELP, UM, PUTTING THEM WITH OUR SCADA SYSTEM.
SO I DON'T HAVE A SPECIFIC FOR EVERY SINGLE ONE OF 'EM, BUT I CAN DEFINITELY GET YOU THAT INFORMATION.
NO, NO, I'M NOT LOOKING FOR THAT.
I'M JUST WONDERING IF THEY'RE ALL UNIFORM, THEY'RE ALL GONNA LAST 10 MINUTES.
THEY'RE ALL GONNA LAST 20 MINUTES.
UNFORTUNATELY, THEY'RE DIFFERENT PIECES AND PARTS AND SO DEPENDING ON WHERE THEY'RE ACTUALLY LOCATED, HOW THEY'RE SUBMERGED, WHAT ELEMENTS, I MEAN THE COIN ANALYZER, OBVIOUSLY IT IS VERY CLOSE TO CHLORINE.
THINGS CORRODE A LOT QUICKER, RIGHT? SO, UM, THE ELEMENTS IMPACT THAT.
SO MY QUESTION IS KIND OF GENERAL ON THESE PRICES, ARE THESE FIRM NUMBERS OR ARE THEY ESTIMATES OR DO, UM, THEY ARE BIDS.
UM, NO SIR, WE HAVE NOT GONE THROUGH ANY BIDDING PROCESS.
THEY ARE ESTIMATES THAT WE HAVE PREPARED, UM, BASED ON THE INFORMATION THAT WE HAVE.
UM, MANY TIMES WE'RE LOOKING AT, UM, ITEMS THAT ARE ALREADY LISTED ON WHAT'S CALLED THE BUYBOARD, UM, OR THE CO-OP THAT GIVES US ESTIMATES OF WHAT THOSE CAN BE PURCHASED FOR, UM, OR ON THE SPECIFIC ASSESSMENT.
UM, WE'RE USING, UM, BEST PRACTICE AND A RECENT BID TABS OR RECENT PROPOSALS THAT WE'VE SEEN OF THAT TYPE OF WORK TO GIVE US ESTIMATES.
WE WILL BE BRINGING, UM, THOSE FORWARD THROUGH THE PROCESS.
UM, IF THERE'S SOMETHING THAT IS SOMETHING WE'RE PURCHASING THAT'S OVER 50,000.
SO THAT, THAT ONE BEING SH ON HUNDRED 76,000.
THAT WILL, THAT'S JUST TO FIND OUT WHAT'S WRONG.
ABSOLUTELY NOT FIXING ANYTHING.
THAT IS NOT FIXING ANYTHING THAT'S 40,000 LINEAR FEET OF SEWER LINE AND A THOUSAND MANHOLES BEING INSPECTED TO BE ABLE TO FIND THE CONDITION ASSESSMENT, UM, WHICH WAS SUPPOSED TO HAVE BEEN DONE EVERY 10 YEARS, BUT HAS NOT BEEN DONE FOR 10 YEARS.
SO THE FARMER'S RANK HAS A HALF A MILLION OF JUST INSPECTION.
HOW MANY LINEAR FEED MANHOLES DO THEY HAVE? THIS IS THE TOTAL AMOUNT.
40,000 IS OUR TOTAL AMOUNT AMONGST BOTH OF US.
SO THIS IS NOT 40,000 FEET IN ADDISON, CORRECT? OR THAT'S CORRECT.
THIS IS THE ENTIRE NORTH DALLAS WATER SUPPLY CORPORATION.
WELL, CAN YOU BREAK IT DOWN INTO HOW MANY FEET IN ADDISON? UM, I DON'T HAVE THAT INFORMATION WITH ME, UM, BUT I CAN DEFINITELY GET THAT FOR YOU.
UM, THERE ARE COMMON LINE, IT'S VERY, IT'S, LET ME EXPLAIN IT THIS WAY, IT'S VERY DIFFICULT.
UM, THERE ARE LINES THAT ARE PHYSICALLY IN FARMER'S BRANCH, BUT BECAUSE OF THE WAY THAT THE NORTH DALLAS WATER SUPPLY CORPORATION WAS SET UP, THE JOINT VENTURE, OUR FLOW IS GOING INTO THE FARMER'S BRANCH LINE BECAUSE IT'S DOWNSTREAM.
SO THAT IS THE REASON WHY IT'S PROPORTIONATE THE WAY IT IS.
UM, AND THE REASON WHY THE ORDINANCE WAS WRITTEN THE WAY IT IS, BECAUSE IN REALITY, EVERY SINGLE PORTION OF THE 40,000 FEET WASTEWATER FROM ADDISON, TEXAS IS GOING INTO THE SUPER LINE BECAUSE IT'S ALL GOING DOWNSTREAM TO TRA.
SO WE HAVE THIS SMALLER PORTION OF THE, UM, AMOUNT OF PIPE, UM, THAT'S PHYSICALLY IN ADDISON, BUT OUR FLOW IS GOING THERE.
SO WE'RE RESPONSIBLE FINANCIALLY FOR, UM, THE OVERALL ASSESSMENT.
WHO CREATED THAT FLOW THERE? WHO, WHO REQUIRED THAT? UM, PREVIOUS COUNSELS.
IT WAS IT, THIS, THIS CORPORATION, THE NORTH, THE NORTH DALLAS WATER SUPPLY CORPORATION CONSISTS OF MYSELF AND ASHLEY AND STEVEN.
AND THEN ON, UH, FARMERS BRANCH SIDE, IT HAS VERY SIMILAR PARTIES.
DEPUTY CITY MANAGER, DIRECTOR OF PUBLIC WORKS FINANCE DIRECTOR.
THOSE INDIVIDUALS ARE REPRESENTING INDIVIDUAL, BOTH INDIVIDUAL TOWNS AS A PART OF THE CORPORATION.
HAVE YOU EVER EXPERIENCED IT BEFORE WHERE IT'S GONE 20 YEARS INSTEAD OF SUPPOSED TO BE DONE? EVERY 10 HAS, HAVE YOU EVER RUN ACROSS THAT BEFORE? PRIOR? PRIOR? OH, YES.
[00:25:01]
UH, IT'S VERY COMMON, UM, FOR OPERATIONS AND MA MAINTENANCE TO BE SOMETHING, UM, THAT IS DEFINITELY, UH, FOREGONE, ESPECIALLY WHEN THERE'S FUNDING.UM, THAT MAY OR MAY NOT BE, UH, POSSIBLE.
UM, I DON'T HAVE A GOOD REASON WHY THAT HAPPENED, I JUST KNOW IT HAPPENED.
SO WE'RE WORKING TO CORRECT IT.
SO INSTEAD OF WAITING FOR SOMETHING TO BREAK, IT MAKES THE LOCAL NEWS YOU'RE GOING AND WANTING TO PREPEC? YES, SIR.
THIS WOULD BE A PROACTIVE MEASURE THAT WE'D WANT TO PREPEC, UM, IF THERE WAS TO BE AN ISSUE IN THIS AREA.
WASTEWATER FINES ARE VERY LARGE WITH TCQ AND VERY UNPOPULAR OBVIOUSLY.
SO THE ORDINANCE DEFINES ALL OF THIS? ABSOLUTELY.
AS OUR, AND YOU ACTUALLY SAW THAT COME THROUGH SEVERAL MONTHS AGO WHEN WE NAMED THE INDIVIDUALS THAT WERE A PART OF THE NORTH ALICE WATER SUPPLY CORPORATION.
THERE IS A SPECIFIC ORDINANCE WHEN WE BRING THIS FORWARD AS A BUDGET ITEM THAT NAMES THE ACTUAL PERCENTAGE, UM, BETWEEN ADDISON AND FARMER'S BRANCH, AND WE'LL MAKE SURE THAT THAT'S IN THE BACKUP.
SO WE, WE DON'T HAVE THESE ASSETS REGISTERED ON OUR ASSET INVENTORY AND THE GRADE OF 'EM RIGHT NOW.
AND THIS WILL PUT 'EM ON THE ASSET INVENTORY AND A GRADE ALSO.
SO WE'LL KNOW FOR THE FUTURE, FUTURE PLANNING AND SOME ARE ALREADY IN OUR ASSET SYSTEM, BUT THIS WILL GIVE US THE OVERALL PICTURE.
UM, THE OTHER PART OF THAT IS WE ARE ALSO GONNA BE SHARING THAT INFORMATION WITH THE TRINITY RIVER AUTHORITY WHERE ALL OF THE FLOW GOES TO.
ARE YOU GONNA HELP ME? OKAY, THANK YOU.
INTERNAL SERVICES, THAT PORTION HAS NOT BEEN ADDED TO ASSET MANAGEMENT, BUT IT WILL BE ADDED SO THAT WE KEEP TRACK OF IT.
BETTER FIND OUT NOW THAN HAVE A VEHICLE EMERGENCY LATER.
WHAT HAPPENS IF FARMER'S BRANCH DOESN'T DO IN BUDGET? UM, THEN I THINK WE'LL HAVE TO HAVE A CONVERSATION WITH THE CHARLIE, WITH THE CITY MANAGER AS TO HOW WE WOULD LIKE TO MOVE FORWARD.
IT'S IN ALL OF OUR BEST INTEREST TO DO THIS ASSESSMENT.
IT'S A VERY LARGE PIPELINE THAT'S CARRYING A VERY LARGE AMOUNT OF FLOW, AND IT IS OUR SIMILAR SERVICE THAT IS GOING OUT OF OUR TOWN.
SO IT'S, IT'S CRITICAL INFRASTRUCTURE.
JORDAN? OH NO, YOU AND IS THIS, WHO, WHO OWNS THIS ASSET ARE THESE ASSETS? SO PORTIONS OF IT ARE OWNED BY ADDISON AND PORTIONS ARE OWNED BY FARMER'S RANCH.
BUT BECAUSE OF, I WOULD SAY THAT ACTUALLY IT'S OWNED ALL BY THE NORTH DALLAS WATER SUPPLY CORPORATION.
IT'S PORTIONS OF IT ARE PHYSICALLY IN THE CITY LIMITS OF ADDISON AND PORTIONS OF IT ARE PHYSICALLY IN THE CITY LIMITS OF FARMERS BRANCH, BUT IT IS OWNED BY THE CORPORATION THAT WAS CREATED.
SO ASHLEY
SO THE WAY THAT WE HAVE A JOINT ASSETS AND FINTECH, WE BUILDING A NEW BUILDING, THIS IS SET UP THE SAME WAY.
THE ONLY DIFFERENCE IS WE DON'T HAVE ANY STAFF.
AND SO IT IS SET UP THE SAME WAY.
IT'S A, UH, AS A A LOCAL GOVERNMENT CORPORATION.
IS THERE ANY GRANT FUNDING TO HELP OFFSET SOME OF THIS? UM, I'M NOT AWARE OF ANY GRANT FUNDING THAT'S CURRENTLY OUT THERE TO DO THIS TYPE OF ASSESSMENT.
UM, I, I SAT THROUGH SEVERAL HOUR MEETINGS TODAY WITH THE TRAINING RIVER AUTHORITY WHERE THEY WENT THROUGH THEIR ENTIRE CAPITAL PROGRAM AND THEY WEREN'T AWARE OF ANY GRANTS FOR A SEVERAL BILLION DOLLARS CIP PROGRAM.
ALSO, BECKY, THE YES, THE HOUSEHOLD WASTE COLLECTION.
HOW ARE WE DOING THAT? IS THAT, UM, DROP OFF AT THE SERVICE CENTER OR PHYSICALLY SUBMITTING A TICKET OR CALLING OUR DEPARTMENT, LETTING US KNOW YOU HAVE A HAZARDOUS HOSPITAL WASTE? MY TEAM'S COMING TO PICK IT UP AND WE HAVE IT IN A SPECIFIC LOCATION AT THE SERVICE CENTER, AND THEN WE'RE TAKING IT TO THE COUNTY TO ACTUALLY BE POSSIBLE.
SO IT'S BOTH OUR RESIDENTS CAN REQUEST A PICKUP AT THEIR DOORSTEP.
AND NOT MANY PEOPLE DROP IT OFF.
ANY OTHER QUESTIONS FOR BECKY? THANK YOU, BECKY.
UH, MAYOR COUNCIL STEVEN LIPMAN, CHIEF FINANCIAL OFFICER, AND GETTING INTO, UH, THE OVERALL VIEW OF THE UTILITY FUND.
UM, WE KIND OF TALKED ABOUT THIS A LITTLE BIT YESTERDAY, BUT THE PROPOSED BUDGET, UH, THAT YOU HAVE INCLUDES A 0% PROPOSED INCREASE IN WATER RATES, A 1% INCREASE, UH, OVERALL IN SEWER RATES.
AND A LOT OF THAT IS, AS I MENTIONED, WAS BECAUSE OF THE LARGE INCREASE IN WHOLESALE COSTS FROM TRINITY RIVER AUTHORITY, UH, THAT WE'RE, UH, GONNA GONNA EXPERIENCE NEXT YEAR.
[00:30:01]
THE FUND IS, IS PROJECTED AT, UH, 17,780,000.AND THEN IF YOU GO DOWN, UH, YOU CAN SEE, UH, OUR OPERATING EXPENSES ARE JUST LOWER THAN THAT.
AND THEN, UH, WE DO HAVE CONTRACTUAL SERVICES THAT, THAT SPLIT OUR WATER PURCHASES AND OUR WASTEWATER TREATMENT.
THOSE ARE OUR WHOLESALE COSTS.
SO, UH, WATER, UH, WHOLESALE IS FROM CITY OF DALLAS.
UH, THE MAJORITY OF THE WASTEWATER TREATMENT IS FROM TRINITY RIVER AUTHORITY, AND WE ALSO HAVE SOME THAT IS HANDLED BY THE CITY OF DALLAS.
SO YOU CAN SEE THE LARGE INCREASE THERE IN, IN WASTEWATER TREATMENT, UH, OF, OF ABOUT 300 AND, UH, $340,000.
SO THAT'S REALLY RELATED TO THAT TRINITY RIVER 40, UH, INCREASE THAT WE, WE SEE.
SO WITH THAT SAID, WE'RE STILL ABLE TO PROPOSE A BUDGET THAT HAS VERY SMALL INCREASES IN, OR NO INCREASE IN WATER RATES AND A SMALL INCREASE IN SEWER RATES DESPITE THOSE, UH, RATHER LARGE INCREASES IN IN WASTEWATER TREATMENT COSTS.
AND THEN AS BECKY JUST WENT THROUGH HER, HER ONE TIME DECISION PACKAGES, UH, 701,750 IS THE TOTAL OF THOSE.
AND THEN THERE ARE A COUPLE OF CASH FUNDED CAPITAL PROJECTS OTHER THAT ARE INCLUDING THE, THE CAPITAL IMPROVEMENT PLAN.
UH, PART OF THAT IS, IS CASH FUNDING FOR THE WATER METER MODERNIZATION PROJECT AND THEN ADDISON CIRCLE, TOWER DRIVEWAY PROJECT.
UH, SO THAT BRINGS US TO TOTAL EXPENSES 19,654,000, WHICH LEAVES US WITH ABOUT $7.7 MILLION IN WORKING CAPITAL, UH, OR 43.4% OF OUR, UH, OPERATING EXPENSES, UH, IN RESERVE, WHICH IS ABOVE OUR POLICY 25%.
AND GOING FORWARD TO OUR 10 YEAR PROJECTION.
UM, OVERALL, 4% INCREASES ARE PROJECTED FOR WATER RATES THROUGH 2030, AND THEN THREE AND A HALF PERCENT, UH, AFTER THAT, UH, FOR WASTEWATER, BECAUSE TRINITY RIVER AUTHORITY IS PROJECTING, UH, REALLY HIGH INCREASES OVER THE NEXT FEW YEARS.
UH, HOPEFULLY IT'S LOWER THAN WHAT THEY'RE PROJECTING NOW, BUT, UH, WE'RE ANTICIPATING A 5% INCREASE IN WASTEWATER RATES FOR 2027 AND THEN 6.5% INCREASES WILL BE NEEDED FOR 2028 THROUGH 2020 OR 2030, AND THEN 4% INCREASES AFTER THAT.
SO WE'LL SEE, UH, WE'LL SEE IN THE FUTURE HOW THEIR RATES SHAKE OUT AS FAR AS THEIR WHOLESALE TREATMENT FOR, FOR WASTEWATER, UM, THREE AND A HALF PERCENT INCREASES IN SALARIES AND 5% INCREASES IN HEALTH INSURANCE ARE INCLUDED.
UM, CONSERVATIVELY 5% INCREASE IN WATER WHOLESALE COSTS, UH, 8.5% INCREASES IN BOTH WASTEWATER WHOLESALE COSTS THROUGH 2030.
AND THAT'S BASED ON INFORMATION THAT WE HAVE FROM TRINITY RIVER AUTHORITY.
UH, AND THEN 5% AFTER THAT, UH, 3% INCREASES IN OTHER OPERATING, UH, EXPENSES, AND THEN ANTICIPATING SOME DEBT ISSUANCES FOR SOME CAPITAL IMPROVEMENT PROGRAM PROJECTS, UH, IN 2028 AND 23.
SO AS YOU CAN SEE, UH, THE, YOU KNOW, WE'RE CASH FUNDING SOME CAPITAL PROJECTS HERE, AND THEN WE, WE BASICALLY STAYED FAIRLY FLAT, UM, AS FAR AS OUR CASH RESERVES THROUGHOUT THE, THROUGHOUT THE 10 YEAR, UH, PROJECTION THAT, UH, RED DOTTED LINE IS OUR, IS OUR FUND BALANCE REQUIREMENT THERE.
SO WE'RE, WE'RE STAYING A LITTLE BIT ABOVE THAT, UH, THROUGHOUT THE 10 YEARS.
BASED ON INCREASE IN RESIDENTS THAT ARE COMING, WE KNOW THEY'RE COMING HERE AND ABROAD, WOULDN'T THAT EVER COME DOWN? WOULD THE TEXAS TRINITY WATER BOARD SORT OF LOWER? 'CAUSE YOU'RE SPREADING IT OUT OVER ANOTHER 50, 70 500,000 PEOPLE? SO WE ARE ABOUT 1% OF THE TOTAL.
BASICALLY WHAT THEY DO IS THEY ALLOCATE BASED ON FLOWS.
SO WE'RE ABOUT 1% OF THE TOTAL FLOWS THAT ARE GOING TO TRINITY RIVER AUTHORITY.
UM, THEY ACTUALLY DREW THIS UP EVERY YEAR.
SO IF WE USE LESS, WE, THEY GIVE US A REBATE.
IF WE USE MORE, THEY SAID IT'S A BILL.
UM, SO IT'S, IT'S REALLY DETERMINED ON THEIR OPERATING COST, THEIR COST OF, TO OPERATE THE SYSTEM, TO BUILD THE SYSTEM AND MAINTAIN IT, AND THEN THEY ALLOCATE IT BASED ON HOW MUCH WE'RE ACTUALLY SENDING.
SO THE PROJECTIONS COULD COME DOWN BASED ON THE NEW RESIDENT'S NEEDS, USES AND WANTS? THEY COULD, YES.
SO, BUT I BELIEVE THAT THEY HAVE PRETTY SIGNIFICANT CAPITAL IMPROVEMENT PROJECTS COMING UP, SO THAT'S WHY THEY'RE PROJECTING, UM, PRETTY SIGNIFICANT INCREASES.
IT'S POSSIBLE, BUT WE DON'T KNOW WHAT WE DON'T KNOW.
SO HOPEFULLY, HOPEFULLY THEIR ESTIMATES ARE HIGH.
WHAT HAVE THOSE INCREASES BEEN IN WATER RATES HISTORICALLY? WE'RE PROJECTING 4% THROUGH 2030.
WHAT HAVE THEY BEEN? UH, THE CURRENT RATE MODEL, THAT STRUCTURE THAT WE'RE UNDER WAS
[00:35:01]
FIVE AND A HALF PERCENT INCREASES WERE WHAT WAS IN THE RATE MODEL FOR, UH, 20 24, 20 25, AND 2026.UH, 4% FOR 27, AND THEN THREE POINT A HALF PERCENT FOR 2028.
UM, SO WE, THE FIRST YEAR WE DID FOUR POINT A HALF PERCENT INSTEAD OF 5.5.
LAST YEAR WE DID THE 5.5, AND THIS YEAR WE'RE PROJECTING ZERO INSTEAD OF 5.5.
UM, ON AVERAGE, PROBABLY FOR THE LAST SEVERAL YEARS, IT'S PROBABLY BEEN AROUND 4%.
AND THEN, UM, THE IRON WATER LINES, RIGHT.
I, I FEEL LIKE, YOU KNOW, WE GOT KIND OF LUCKY THERE, THE MILLION ONE FOR BELTWAY AND VILLAGE ON THE PARKWAY MM-HMM
THAT WAS GONNA BE A CIP PROJECT.
W WERE WE GONNA PAY CASH FOR THAT OR WAS THAT GONNA BE FUNDED BY DEBT? IT WAS DESIGN, I BELIEVE WAS GONNA BE FUNDED BY CASH AND INSTRUCTIONS AND FUNDED WITH DEBT.
WHAT, I MEAN, SINCE WE KNOW WE'VE GOT 20 YEARS, I MEAN, IS THAT SOMETHING WE COULD BEGIN TO FUND NOW OR RATHER THAN WAIT 20 YEARS? AND I GUESS WHAT I'M SAYING IS CAN THAT BE IN 20 YEARS TO CIP PROJECT FUNDED WITH CASH RATHER THAN RELY ON DEBT? SINCE WE SWEAR TO GOD
IF YOU WANTED TO SET RATES TO WHERE WE'RE GENERATING 200,000, WHATEVER THAT NUMBER IS THAT YOU WANNA SET ASIDE IN A CAPITAL RESERVE.
RIGHT NOW, THE FUND HAS PRETTY SIGNIFICANT RIGHT.
UM, SO WE, WE, AS YOU CAN SEE, WE'RE BRINGING THAT DOWN A LITTLE BIT WITH SOME CAPITAL PROJECTS.
UM, BUT WHAT WE'VE KIND OF, WHAT THE PRACTICE HAS BEEN IS IF, IF IT IS A SMALLER PROJECT, WE'VE USED CASH, WE'VE USED CASH FOR DESIGN, UM, AND IF THERE'S ANY, IF THERE'S ANY RIGHT OF WAY COST OR ANYTHING LIKE THAT, WE'VE USED CASH FOR THAT.
AND THEN CONSTRUCTION USUALLY IN THE UTILITY FUND HISTORICALLY.
SO IT'S BEEN A, IT'S BEEN A MIX OF CASH AND DEBT AND THAT'S WHAT THE, THE RATE MODEL THAT WAS APPROVED ORIGINALLY, I THINK IN 2018.
AND THEN AGAIN, UM, STARTING IN 2024, IT WAS A MIX DOING A MIX OF CASH AND DEBT FOR THE CAPITAL IMPROVEMENT CAREER.
AND THEN IN THE FUND WE MOVED, IT LOOKS LIKE 0.4 AND 0.4 OVER TO THE AIRPORT FUND.
AND THERE'S STILL AN INCREASE, UH, IN PERSONNEL.
I'M ASSUMING THAT'S JUST AN INCREASE IN SALARIES.
UH, OVERALL, THERE'S A SLIGHT ACTUALLY FROM THIS IS OUR BUDGET TO BUDGET OUR ESTIMATE, THERE'S AN INCREASE, BUT BUDGET TO BUDGET, SO SLIGHT DECREASE.
UM, AND IT'S JUST, YEAH, THE, YOU KNOW, THERE'S YEAH.
BUDGETED INCREASE FOR HEALTH INSURANCE, NOT, NOT ADDING ANOTHER EMPLOYEE.
SO YOU, I THINK, UH, I UNDERSTAND WHAT YOU SAID.
THE RATE MODEL THAT WAS ADOPTED IN 2018 AND THEN, UM, RE, RE ADOPTED IN 2023 OR SO MM-HMM
UM, SO THAT WAS IN ANTICIPATION OF THESE, UM, AGING ASSETS THAT WE WOULD HAVE TO TAKE CARE OF, UH, POSSIBLY IN THE FUTURE.
UM, SO WE'RE DOING SOME OF THAT NOW WITH SOME OF THIS MONEY, BUT THEN GO BACK TO THE, UH, THE MODEL, UH, THE FORECAST, THIS ONE.
SO IT LOOKS LIKE IN THE FUTURE WE'RE NOT ANTICIPATING ANY SORT OF BUILDING UP EXTRA CASH RESERVES TO DO ANY, ANY MORE CASH FUNDING IS WHAT THE
LITTLE MOUNTAIN IS, IS A LITTLE OVER A MILLION DOLLARS.
SO IF ABOUT $1.2 MILLION, IT'S A LOT SMALLER HERE IN THE OUT YEARS, THERE IS SOMETHING THERE.
IT'S JUST NOT, IT'S JUST NOT AS LARGE AS $1.2 MILLION A YEAR.
SO, UM, I BELIEVE IT'S AROUND SOMEWHERE.
I THINK IT MAY BE AROUND $200,000, UH, THAT WE JUST HAVE ANTICIPATED IS, IS SOME TYPE OF CAPITAL PROJECT, WHETHER IT'S OKAY, UH, WHETHER IT'S LAND OR OR WHATNOT.
UH, FOR THE FIRST FIVE YEARS, THAT'S WHAT WE HAVE IN OUR CURRENT CAPITAL IMPROVEMENT PLAN.
SO IF IT SAYS THAT WE'RE GONNA PAY CASH, THAT'S WHAT'S PROGRAMMED THERE.
IT'S REALLY THE YEARS AFTER, I THINK, UH, 2030 AND BEYOND.
I THINK WE HAVE $200,000 IN THERE.
CASH, MONEY, CAPITAL PROJECTS.
ANY, ANY OTHER QUESTIONS ABOUT UTILITY FUND? NO, SIR.
I'LL GET INTO THE STORMWATER FUND AND, UM, BECKY DID NOT HAVE AN ADDITIONAL PRESENTATION FOR THIS ONE.
THERE'S NO DECISION PACKAGES OR ANYTHING, UH, FOR THE STORMWATER FUND.
SO I'LL GO OVER, UH, THE FUND SUMMARY AND THE LONG TERM PLAN HERE FOR THE STORMWATER FUND.
SO NO RATE, RATE INCREASE PROPOSED IN THE STORMWATER
[00:40:01]
FUND, OVERALL REVENUE, UH, 2,851,000, UM, OPERATING EXPENSES JUST BELOW THAT.SO, UH, I THINK A FEW YEARS AGO, MAYBE FIVE YEARS AGO, WE WEREN'T SPENDING A LOT OF MONEY OUT OF THIS FUND.
WE REALLY MADE AN EFFORT TO UTILIZE, UH, THE STORMWATER FUND, UH, TO ITS FULLEST, UH, CAPACITY.
UH, SO OPERATING EXPENSES, 2,842,000, UH, YOU SEE THIS TRANSFER TO DEBT SERVICE.
SO, UH, WITH THAT 2019 BOND PROGRAM AND REALLY ANY ROT CONSTRUCTION PROJECTS THAT WE'RE DOING, THERE'S SIGNIFICANT STORM WATER INFRASTRUCTURE THAT'S REPLACED.
UH, WHAT WE'VE DONE THE PAST FEW YEARS IS WE'VE HAD THIS STORM WATER FUND, UH, PARTICIPATE IN SERVICE THAT DEBT.
SO THAT HELPS KEEP THE TAX RATE FOR THE INTEREST IN SINKING PORTION OF THE TAX RATE LOWER.
UH, SO THIS YEAR, UM, WITH THE, WITH THE STATE INFRASTRUCTURE BANK LOANS THAT WE SOLD LAST YEAR, UH, THAT, UH, STORMWATER FUND IS, IS PARTICIPATING MORE IN THAT DEBT SERVICE, UH, ON THOSE PROJECTS THAT HAVE, UH, STORM WATER INFRASTRUCTURE.
SO, UH, 832,000 IS WHAT WE'RE PROPOSING TO SEND, UH, TO SERVICE THAT DEBT.
UH, SO THAT STILL LEAVES US WITH ABOUT $7.7 MILLION IN WORKING CAPITAL, OR 271.6 PER PERCENT IN OPERATING RESERVES.
SO STILL GOT A PRETTY LARGE RESERVE.
AND REALLY, BECAUSE WE'RE DOING THIS AND SERVICING DEBT WITH SOME OF THE STORMWATER FUND, WE DO HAVE A PLAN TO BRING THAT FUND BALANCE DOWN, UH, CLOSER TO, UH, THE TARGET LEVEL OF 25%.
AS I MENTIONED, WE HAVEN'T BEEN USING THIS FUND A LOT.
THIS FUND WAS CREATED IN 2013, AND IT BUILT UP QUICKLY, BUILT UP VERY LARGE, UH, RESERVE.
SO WHAT WE'VE GOT PROGRAMMED NOW IS NO INCREASES IN STORMWATER FEES, AT LEAST THROUGH 2028, UH, 5% THEREAFTER.
NOW, I WILL SAY THAT THERE IS A LARGE BUDGET EACH YEAR FOR, AS, AS BECKY WENT THROUGH, UH, ONE OF THEIR RESOURCE MAXIMIZATION ITEMS. UM, THERE IS A, THERE IS A BUDGET IN THIS FUND FOR STORMWATER REPAIRS, SO THERE'S A PRETTY SIGNIFICANT BUDGET NOW THIS YEAR THEY SAVED $570,000 FROM THAT.
SO THERE'S THE POTENTIAL THAT THERE COULD BE, YOU KNOW, SAVINGS FROM WHAT WE'RE BUDGETING EACH YEAR FOR THOSE AS THEY GET IN AND ACTUALLY, UH, EVALUATE WHAT REPAIRS NEEDED.
SO, UM, SO WITH THAT SAID, THERE MAY NOT BE THE NEED AFTER 2028 TO INCREASE RATES IF SOME OF THAT COMES IN FRUITION.
SO WE'LL KEEP EVALUATING THIS YEAR OVER YEAR.
AND, UH, AS THE OTHER FUNDS, THERE'S A 3.5% INCREASE IN SALARIES AND 5% INCREASE IN HEALTH INSURANCE EACH YEAR.
1% INCREASES IN OTHER OPERATING EXPENSES.
AND AS I WENT OVER THE TRANSFERS TO THE DEBT SERVICE, UH, FUND, UM, FOR THE STORMWATER IMPROVEMENTS ASSOCIATED WITH STREET RECONSTRUCTION PROJECTS.
SO AS YOU CAN SEE, UH, WE, WE GET TO REALLY 2033 AND THEN 2034, WE HAVE SOME DEBT THAT MA THAT FULLY MATURES AND, AND IS OFF THE BOOKS, AND WE START TO, UH, GET A LITTLE BIT NET POSITIVE AGAIN, UH, AFTER 2033.
SO, ANY QUESTIONS ABOUT THE STORMWATER? YES, SIR.
ON THE, UH, ON KELLER SPRINGS, ON THE STORMWATER PORTION OF KEL SPRINGS, WE'VE GOT 2.8 MILLION AS PROPOSED FOR THAT MM-HMM
AND IS THAT DEBT WE'RE GETTING FROM THE STATE OF TEXAS? THAT ONE WAS NOT DEBT.
SO WE SOLD STORMWATER BONDS LAST YEAR.
UM, AND THOSE WERE FOR TWO PROJECTS.
ONE WAS THE STORMWATER PORTION OF THE LAY LOCK BOND PROJECT, AND THEN THE STORMWATER PORTION OF THE TYLER SPRING GROVE PROJECT.
UM, AND THOSE WERE, UH, IF YOU RECALL, BUT THERE WERE, WE WERE, THE, THE BIDS CAME BACK HIGHER THAN WE ANTICIPATED ON BOTH OF THOSE.
SO WE WERE LOOKING AT ALTERNATIVE FUNDING METHODS TO, TO GET THOSE ACROSS THE FINISH LINE.
SO, AND THEY WERE HEAVILY STORMWATER FOCUSED AND, AND HELP ME WITH MY MEMORY.
DID WE TAKE THAT DEBT? YES, WE DID.
YES, IT'S ALREADY BEEN SOLD AND WE HAVE THE PROCEEDS.
UM, AND NOW WE WILL GO INTO SPECIAL EVENTS AND I'LL HAVE ABBY, SHE'S GONNA DO SPECIAL EVENTS AND THEN THEATER, AND THEN I'LL COME BACK FOR GOOD EVENING MAYOR COUNSEL ABBY MORALES, DIRECTOR SPECIAL EVENTS IN THEATER.
WE'LL TALK ABOUT THE MAJOR ACCOMPLISHMENTS AS THE SPECIAL EVENTS DEPARTMENT AS A WHOLE.
UM, THEY'RE BROKEN DOWN BY EACH OF THE EVENTS THAT YOU'LL BE THERE WITH REGARDS TO TASTE ADDISON, THE MAJOR ACCOMPLISHMENTS THAT WE, UM, WANTED TO HIGHLIGHT WAS THE ESTABLISHMENT OF THE RESTAURANT COALITION.
AS I EXPLAINED YESTERDAY, THIS REALLY HELPED US TO RECRUIT PARTICIPANTS FOR THIS YEAR.
IT HELPED US TO NAVIGATE SOME OF THE FESTIVAL PROCESSES AND CHANGES WE WERE LOOKING TO IMPLEMENT.
[00:45:01]
AND IT WAS ALSO INSTRUMENTAL, PARTICULARLY IN THIS YEAR WITH NAVIGATING THE CHANGES THAT WE EXPERIENCED FOR TABC.WE ALSO ELEVATED OUR PRE-EVENT OFFERINGS TO INCLUDE TASTE ON THE TARMAC TASTE WELLNESS, WHICH WERE CARRIED OVER SINCE 2024.
AND WE ADDED THE TASTE TAKEOVER AT DALLAS LOVE FIELD, WHICH GENERATED OVER 4 MILLION IMPRESSIONS FOR US.
WE MAINTAINED OUR INCREASED NUMBER OF PARTICIPATING VENDORS, UM, TO INCLUDE OUR RESTAURANTS THAT HELD STEADY AT ABOUT 44 AND OUR MARKETPLACE VENDORS ONLY GROUNDS AT 50.
AND THEN WE FULLY ACTIVATED THE FESTIVAL SITE TO INCLUDE LEVERAGING THE ADDISON PERFORMING ARTS CENTER THAT WAS UTILIZED FOR OUR SPEAKEASY AS WELL AS OUR JAZZ AND SILK PERFORMERS AND SILENT DISCO WHEN, UM, COBOO TOWN WAS DONE AND THESE SLIDES WERE CREATED.
COBOO TOWN HADN'T HAPPENED JUST YET.
HOWEVER, RECONCILIATION IS NOT YET FULLY COMPLETE.
AND SO YOU'LL SEE SOME OF THESE THAT WERE TIED TO OUR GOALS.
UM, A MAJOR ACCOMPLISHMENT WILL BE THAT WE DID IN FACT KEEP OUR TICKET REDEMPTION RATE, UM, ABOVE THAT 65% RATE PER PAID ADMISSION.
UM, ADDISON RESIDENTS DID CONTINUE TO REMAIN FREE.
UM, AND THEN THIS YEAR IN 25, WE REALLY LOOKED TO IMPROVE THE OPERATIONS OF THE ENTRANCE AREA.
UM, THAT WAS TO HELP US ELEVATE WHAT THE HOTEL PACKAGES WERE OFFERING AS PART OF THE BENEFIT, UM, AND THEN TO SEPARATE THEM FROM GENERAL ADMISSION.
BUT MORE IMPORTANTLY, IT'S AN ANTICIPATION OF THE DART SILVER LINE.
WHILE WE DO PRODUCE EACH OF OUR EVENTS FOR THE ACTUAL CURRENT YEAR, WE'RE ACTUALLY PLANNING AHEAD FOR THE YEARS TO COME.
AND SO KNOWING THAT DART SILVER LINE WILL BE RUNNING NEXT YEAR, UM, WE RECONFIGURED THE ENTRANCE AREA, UH, FOR THIS YEAR, UM, AND SAW GREAT SUCCESS WITH THAT FOR OCTOBER FEST.
SOME MAJOR ACCOMPLISHMENTS THAT WE'RE LOOKING FORWARD TO CELEBRATING IS INCREASING OUR CORPORATE NIGHT PARTICIPATION BY 30%, UH, TO INCLUDE A PRESENTING SPONSOR FOR THE, FOR THAT PARTICULAR EVENING.
THE TEXAS Y STEP, WHICH TRANSLATE TO TEXAS TWO STEP AREA, WAS ADDED IN 2024 TO GIVE OUR OCTOBERFEST A LITTLE BIT OF, A LITTLE BIT MORE IN THAT TEXAS FLARE.
UM, AND WE'RE LOOKING, THAT WAS LAUNCHED IN 24 THIS YEAR.
WE'RE LOOKING TO, UM, INCREASE THE PROMOTION AND MARKETING OF THAT SPACE, UM, TO FULLY LEAN INTO THAT TEXAS COMPONENT.
IN ADDITION, THE SPECIAL EVENTS TEAM ALSO HOSTED A SUCCESSFUL HOLIDAY PARK, WHICH IS THE EVENT THAT'S HOSTED FOR OUR RESIDENTS AS A GIVE BACK FOR THE, THE INCONVENIENCES OF THE SPECIAL EVENTS WHEN THEY DO TAKE PLACE.
WE ALSO ASSISTED OUR PARKS DEPARTMENT WITH A VERY SUCCESSFUL WALK IN AROUND THE CIRCLE TREE LIGHTING.
AND THEN THE SPECIAL EVENTS TEAM ACTUALLY ASSISTED THE ADDISON PERFORMING ARTS SIDE WITH THEIR SHOW AND SHARE, AS WELL AS THEIR CHRISTMAS ADS PAYMENTS THIS PAST YEAR.
SHARE OUR OBJECTIVES FOR 2026.
WE'RE LOOKING TO CONTINUE TO IMPACT, TO IMPACT THE TRANSFORMATIONAL GROWTH OF ALL THREE EVENTS.
UM, INCREASING OUR CORPORATE PARTNERSHIPS ACROSS ALL THREE EVENTS IS SOMETHING THAT WE'RE HEAVILY FOCUSED ON.
UM, ALSO DEVELOPING A CORPORATE VOLUNTEER PROGRAM THAT WILL LEAN INTO THE SPONSORSHIP PART, UM, WHEN THEY'RE NOT READY TO NECESSARILY BUY IN FINANCIALLY, THEY CERTAINLY ARE READY TO HAVE VOLUNTEERS THAT ARE OUT ON THE GROUNDS THAT WILL HELP US TO PRODUCE THE EVENT.
UM, WE'RE ALSO WORKING VERY CLOSELY WITH MARY AND THE MARKETING TEAM, UM, TO STRATEGIZE ON HOW WE TELL OUR NEW STORY.
THERE'S BEEN QUITE A FEW CHANGES FROM 24 AND THIS PAST YEAR IN 25, AND LOOKING AT OPPORTUNITIES TO TELL OUR FULL STORY AND ALL THE THINGS THAT THE EVENTS HAVE TO OFFER.
UM, TASTE AND KABOOM CAME OFF OF MILESTONE ANNIVERSARIES THIS PAST YEAR.
TASTE CELEBRATED 30 YEARS, KABOOM 40.
AND SO WE'LL LOOK AT SOME COLORS AND ALL OF THAT AS WE GO INTO, UM, THE NEXT COUPLE OF DECADES.
UM, PER OUR COUNCIL STRATEGIC PLANNING SESSION, WE ALSO ARE LOOKING TO EXPLORE HOSTING ADDITIONAL EVENTS TO DRIVE ADDISON AS A DESTINATION.
AND YOU'LL SEE THAT ONE LISTED, UM, AS ONE OF THE DECISION FACTORS LATER THAN THE PRESENTATION.
WHEN YOU LOOK AT THE NUMBER OF EMPLOYEES THAT MAKE UP OUR SPECIAL EVENTS SIDE, WE DO HAVE SIX FULL-TIME EMPLOYEES.
WE'RE NOT ANTICIPATING OR PROPOSING ANY, UM, CHANGES TO THAT FOR THE LAST YEARS.
WE HAVE, UM, AN EVENT MANAGER COORDINATOR AND TWO SPECIALISTS.
WHEN YOU LOOK AT OUR ORGANIZATION CHART, I DO INCLUDE BOTH THE SPECIAL EVENTS AS WELL AS THE THEATER SIDE.
THE, UH, BOTH DEPARTMENTS ACTUALLY SHARE THE TWO SPECIALISTS.
UM, KIM TIS IS OUR SPECIAL EVENTS SPECIALIST, AND SHE, UM, MANAGES THE ADMINISTRATIVE PORTIONS FOR BOTH DEPARTMENTS.
STEPHANIE SEGURA IS OUR SPONSORSHIP EVENTS SPECIALIST.
SHE ACTUALLY DOES SPONSORSHIP FOR BOTH.
AND SO WHEN SHE'S SELLING ON THE SPECIAL EVENTS SIDE, SHE TRIES TO BUNDLE IN ACTIVITIES THAT ARE HAPPENING AT THE ADDISON AS WELL.
UM, THE SPECIAL EVENTS SIDE, JEFF FAIRCHILD ARE SPECIAL EVENTS MANAGERS.
I MENTIONED THE SPECIALISTS, AND THEN MONICA MARSH AND CAITLYN FORD, UM, ARE OUR TWO EVENT COORDINATORS.
[00:50:03]
WHEN WE LOOK AT THE DECISION PACKAGES, AS I MENTIONED DURING THE STRATEGIC PLANNING SESSION, ONE OF THE THINGS THAT, UM, COUNSEL, UH, TALKED ABOUT WAS THE WORLD CUP EVENT.THIS WOULD BE A ONETIME EVENT AS HE COMES TO THE METROPLEX AREA IN 2026.
ONE OF THE THINGS THAT WE ARE WORKING IN CONJUNCTION WITH MARY AND HER TEAM AROUND PLANNING IS WHAT DOES THAT LOOK LIKE? CERTAINLY AN OPPORTUNITY TO DRIVE TOURISM INTO THE AREA.
UM, THIS IS A ONE TIME OPPORTUNITY THAT WILL COINCIDE WITH THE NINE MATCHES THAT YOU SEE, THE DATES THAT WILL BE HOSTED IN AND AROUND, UM, THE AREA DURING THAT TIME.
THIS DOES COINCIDE WITH OUR ANNUAL KABOOM TOWN, UM, WITH ONE OF THE GAMES ACTUALLY BEING HOSTED ON THAT DAY.
WHEN WE TALK ABOUT WHAT THE, WHAT THE EVENT COULD LOOK LIKE, THERE'S A FEW FACTORS THAT WE HAVE TO TAKE INTO CONSIDERATION.
AND SO YOU DON'T SEE ANYTHING NECESSARILY 100% FLUSHED OUT.
THE IDEA INITIALLY WOULD BE THAT WE WOULD HOST WATCH PARTIES AT ADDISON CIRCLE PARK ON THE ELLIPSE, AND IT, IT COULD INCLUDE SCREENS, SEATING, FOOD TRUCKS, BEVERAGES, UM, AND WE COULD SELECT SOME OF THE GAMES.
A LOT OF THE FACTORS THAT GO INTO THAT ARE TIED TO THE SCHEDULING.
WHAT TIME ARE THE GAMES AT? BECAUSE WE DON'T KNOW THAT IT IS HARD TO GIVE YOU A SOLID PLAN, UM, OF WHAT THAT COULD ACTUALLY BE.
UM, THERE IS A GAME THAT'S ACTUALLY ON JULY 3RD.
MARY AND I HAVE TALKED EXTENSIVELY ABOUT INFRASTRUCTURE WILL START BEING, SO WE'LL START TO GO UP PROBABLY AROUND THE SAME TIME SOME OF THESE GAINS ARE HAPPENING.
AND SO DO WE DO SOMETHING THAT PIGGYBACKS OFF OF THE INFRASTRUCTURE THAT'S GOING UP FOR KAO TOWN ANYHOW? IS THERE AN OPPORTUNITY FOR US TO SHOWCASE THE GAME THAT'S GOING TO BE PLAYED ON FRIDAY, JULY 3RD AS A PART OF THIS? OR DO WE LOOK AT A COMPLETELY SEPARATE LOCATION TO HOST THIS? ALL OF THESE, THESE THINGS ARE, UM, BEING CONSIDERED AND TALKED ABOUT, BUT WE DID WANT TO GO AHEAD AND ASK FOR SOME FUNDING UP FRONT.
UM, THE NUMBER THAT YOU SEE THERE IS NOT AN ARBITRARY NUMBER.
IT DOES PIGGYBACK OFF OF WHAT WE DO ON THE SPECIAL EVENTS SIDE WITH REGARDS TO IF YOU'VE BEEN TO OUR AS AN OCTOBER FEST, YOU KNOW THAT WE HAVE THE LARGE SCREENS OUT THERE AS WE LEAN INTO THE FOOTBALL SIDE AND WHAT WE OFFER OUT AT OCTOBER FEST.
AND SO THERE'S AN ESTIMATE THERE ON WHAT SCREENS COST, UM, IF WE WERE LOOKING UP TO LOOKING TO PUT UP A TENT.
UM, AS A PART OF THAT, UM, THERE'S ALSO OTHER THINGS THAT WE'RE LOOKING AT CONSIDERING IS, IS THIS GOING TO BE A FREE COMMUNITY EFFECT? BECAUSE THAT'S SOMETHING THAT WE'RE LOOKING TO HOST.
UM, AND IF THAT'S THE CASE, YOU'RE LOOKING AT US HAVING TO FIND OTHER STRINGS OF REVENUE TO HELP SUPPORT SOME OF THE EFFORTS, OR DO WE WANT IT TO BE A PAID EVENT? AND SO ALL OF THOSE ARE BEING TAKEN INTO CONSIDERATION.
BUT A HUNDRED THOUSAND DOLLARS IS A ONE TIME COST IS WHAT OUR TEAM HAS PUT TOGETHER FOR BASIS ON WHAT WE COULD, UM, POST AS PART OF THE WORLD CUP SERIES.
AND THAT THAT WOULD INCLUDE THE PORTA POTTIES, NOT ALL THE INFRASTRUCTURE NEEDS.
WHAT WE WOULD DO IS WE WOULD WORK IN CONJUNCTION WITH WHAT WE WERE ALREADY DOING FOR KABOOM TOWN, SINCE THAT ALIGNS VERY CLOSELY.
AND SO A LOT OF THE, THE 100,000 IS ALL JUST BASIC INFRASTRUCTURE.
WELL, I HOPE WE THINK LIKE REALLY, REALLY BIG ON THAT.
I THINK THAT'S A, A HUGE OPPORTUNITY FOR US, NOT, AND I DON'T WANNA LIMIT IT TO JUST AN EVENT.
I THINK SOMEHOW WE SHOULD TRY TO INCORPORATE EVERY SINGLE HOTEL THAT WE'VE GOT.
UM, SO ALMOST LIKE WE'RE MARKETING THAT WE ARE, WE ARE, UM, YOU KNOW, NORTH TEXAS'S CENTRAL LOCATION FOR WORLD CUP.
SO IF YOU'RE COMING FOR A GAME STAY IN ADDISON.
I DON'T IF THERE'S A WAY WE CAN WORK TRANSPORTATION IN EITHER THROUGH DART OR CONTRACT IT OUT TO ANOTHER ENTITY, BUT, UM, I WOULD LIKE TO THINK THAT WE'RE GOING TO, YOU KNOW, THINK BIGGER THAN JUST ONE EVENT.
SO I THINK, I THINK MARY CAN SPEAK TO SOME OF HIS EFFORTS.
WE, UM, WE'RE WORKING REALLY CLOSELY WITH, UM, MARY ROSEN, BLAKE DIRECTLY, UM, WITH THE DALLAS FLOODS COMMISSION.
UM, AND THEIR HOST COMMITTEE THAT THEY'VE CREATED, WE'RE PART OF THE HOST COMMITTEE.
UM, SO WE ACTUALLY JUST PUT OUT RECENTLY, UM, THEIR RFP THAT THEY'RE WORKING CONTRACTED WITH A GROUP CALLED
THAT'LL BE ON ALL THE PEOPLE WEBSITES.
UM, AND SO FOR DALLAS PIECE, UM, THERE'S AN RFP FOR HOTELS TO BE INCLUDED ON THAT.
WE SHARED THAT WITH OUR HOTELS.
WE KNOW THAT AT LEAST FOUR OF THEM RESPONDED TO IT.
UM, THE BIG HOTELS, MARRIOTT'S ALREADY CONTRACTED DIRECTLY WITH FIFA, UM, SO THEY WON'T HAVE A WHOLE LOT OF EXTRA ROOMS. AMAZON IS ACTUALLY CONTRACTED WITH A, UM, A TOUR GROUP OUT OF EUROPE THAT, UM, IS STAYING OUT.
[00:55:01]
SOME OF THOSE HAVE ALREADY HAPPENED.SO WE'RE ANTICIPATING A TON OF PEOPLE COMING IN USING RESTAURANTS AND BARS AND YES, AND WE WILL HAVE, WE'LL HAVE, UM, A WEBSITE NAME PAGE SET UP FOR, WE'LL WORK WITH ALL OF OUR RESTAURANTS AND, UM, ATTRACTIONS.
WORK SPECIALS AND, UM, WE'RE REALLY EXCITED ABOUT IT.
YES, WE'RE EXCITED ABOUT WHAT, WHAT ABBY AND HER TEAM ARE LOOKING AT.
WE'VE KIND OF GONE BACK AND FORTH ABOUT OUR, WHAT'S OUR ROLE AND, AND WE TO HEAR FEEDBACK FROM YOU ALL ABOUT WHAT YOUR EXPECTATIONS ARE.
UM, WE, WE WANNA HAVE SOMETHING THAT BENEFITS THE PEOPLE THAT ARE COMING IN, GET AN EMAIL THIS WEEK FROM THE GROUP OUT OF AUSTRALIA THAT'S LOOKING FOR IF THEIR TEAM HERE, UM, THEY WANNA BE AROUND HERE, UM, WHAT CAN WE DO FOR 'EM TO START OBSERVING A LOT OF IT.
AND THERE WAS AN ARTICLE NOT TOO LONG AGO, UM, AND I'LL SEND IT TO YOU ALL IN THE DALLAS MORNING NEWS, BUT FROM THE HOTEL PERSPECTIVE THAT MOST HOTELS DON'T EXPECT TO SEE PICK UP REALLY UNTIL DECEMBER WHEN, WHEN THE TEAMS ARE ANNOUNCED.
SO WE KNOW WHICH TEAMS WE KNOW, THERE'LL BE SIX TEAMS THAT WILL HAVE THEIR BASE HERE AND THE TEAMS WILL, THEY'LL BE BASED HERE, THEIR BASE CAMP WILL BE HERE, THEY'LL FLY OFF AND PLAY THEIR GAMES AND THEN THEY'LL COME BACK.
THEY DON'T TRAVEL AROUND, UM, TO THE GAMES.
SO WE'LL HAVE SIX TEAMS THAT ARE BASED IN, IN THE
UM, THERE'LL BE SOME OUT IN FRISCO, THERE'LL BE ONE AT SMU, UM, IN THAT AREA.
UM, SO THEY'LL BE KIND OF SPREAD OUT.
SO THERE WE ARE VERY CENTRAL TO A LOT OF THINGS DEPENDING ON WHAT'S HAPPENING.
SO MARRIOTT BEING THE FIRST ONE YOU MENTIONED AS A, UH, CONTRACT WITH FIFA.
SO WILL THEY BE PROVIDING ON THEIR OWN MERITS SHUTTLE SERVICE FOR THOSE 300 PEOPLE? THEY GET IN, HOP ON THE BUS, AND WE'RE GONNA RALLY UP TO WATCH THE GAME AND THEN BRING YOU BACK TO ADDISON.
I THINK A LOT OF PEOPLE THAT ARE WITH MARRIOTT ARE PART OF THE MEDIA CONSORTIUM THAT'S GONNA BE, AND ADDISON IS THE HOST FOR ALL OF THE BIG MEDIA, UM, WHICH IS GONNA BE DOWN AT THE, UM,
WE'RE NOT PROVIDING TRANSPORTATION.
THAT WAS A QUESTION THAT BROUGHT TO US, UM, BY, UH, A COUPLE OF PEOPLE.
SO WE'LL WORK WITH DAR, I KNOW DART'S WORKING DALLAS IS PAYING DART A LOT OF MONEY, UM, TO TRY AND COME UP WITH TRANSPORTATION.
SO WE'RE GONNA TRY AND CONNECT IT.
AND HAVING THE
WASN'T YOUR QUESTION IF MARRIOTT WAS GONNA PROVIDE THE TRANSPORTATION, NOT US, RIGHT? CORRECT.
ARE, ARE YOU ANTICIPATING, UH, A BIG IMPACT AT THE AIRPORT? YEAH, I THINK THE AIRPORT IS DEFINITELY EXPECTING A BIG, OKAY.
AND THEN I THINK AT THIS POINT SHE WILL COME UP AND TALK ABOUT Y'ALL HAVE ANY QUESTIONS FOR ABBY BEFORE STEVEN COMES UP? SO YOU MENTIONED A HUNDRED THOUSAND DOLLARS FOR THIS, THIS KIND OF GIVES YOU JUST THE, JUST THE BASELINE, RIGHT? AND THEN IS THAT ENOUGH TO, TO DO WHAT WE NEED TO DO OR IS IT ENOUGH TO GET STARTED AND YOU'LL COME BACK? IT'S DEFINITELY ENOUGH TO GET US STARTED.
UM, AND MARY AND I ARE WORKING VERY CLOSELY TO FIGURE OUT WHAT DOES THAT LOOK LIKE.
SHE AND I HAD NUMEROUS CONVERSATIONS ON, UM, ARE WE DOING SOMETHING SMALL OR THE PEOPLE THAT ARE LIVING RIGHT THERE AROUND ADDISON CIRCLE PARK.
AND THEN ARE WE DOING, YOU KNOW, JUST POCKETS OF OF THINGS OR ARE WE DOING ONE BIG THING? DOES IT COINCIDE WITH KAO TOWN? DOES IT NOT? AND SO JUST A LOT OF UNKNOWNS AT THIS POINT.
UM, BUT THAT IS SORT OF OUR BASIC PACKAGE THAT WE GET US STARTED.
UM, AS MARY MENTIONED, WE'RE OPEN TO SUGGESTIONS ON WHAT WE WANT THAT TO LOOK LIKE.
AND SO I WASN'T ABLE TO BRING SOMETHING THAT WAS FLUSHED OUT FOR SURE.
ANYONE TO DISSECT NECESSARILY.
WILL IT BE DECEMBER BEFORE WE'LL KNOW YOU'LL HAVE A NUMBER OF AN ECONOMIC IMPACT FOR PRIOR? OUR IMMEDIATE AREA, UH, IT, IT'LL PROBABLY BE AFTER DECEMBER.
DECEMBER IS WHEN THEY ACTUALLY ANNOUNCED WHICH TEAMS ARE GONNA BE SQUARE.
UM, SO I THINK ONCE WE KNOW THAT, THAT THAT'S GONNA, UM, THAT KIND OF LETS US KNOW WHO'S COMING FROM WHERE THOUGH.
SO, AND, AND NOTHING'S, THIS IS COME FROM YOU.
THERE'S NOT BEEN A, A WORLD CUP LIKE THIS.
IT'S BEEN SPREAD OUT ACROSS ALL THESE CITIES.
DALLAS ISN'T SEEN ANYTHING WHITE LIKE THIS.
IT'S TAKEN OVER THE ENTIRE CITY FOR NINE DIFFERENT MATCHES.
UM, SO IT'S, THERE ARE A LOT, LOT OF UNKNOWNS.
UM, BUT WE'RE REALLY EXCITED ABOUT IT AND WE'RE DEFINITELY GONNA LEAN ON IT.
EVERYBODY IS, WE'RE VERY EXCITED INVOLVED WITH THE, AS PART OF THE HOST COMMITTEE, UM, WORKING WITH DALLAS SPORTS COMMISSION.
YEAH, I'M GLAD YOU GUYS GAVE SOME THOUGHT TO IT.
'CAUSE I THINK IT'S A HUGE OPPORTUNITY FOR RESTAURANTS, BARS, HOTELS, UM, SO I'M, I'M GLAD THAT YOU'RE ALREADY THINKING ABOUT IT.
AND I'M SURE THE RESTAURANTS, THERE WILL BE A LOT OF THOSE THAT WILL BE HAVING THEIR OWN WATCH PARTIES, WE PUTTING ON THEIR OWN EVENTS WHERE WE MAY NOT HAVE TO DO A LOT IF THE RESTAURANTS ARE DOING SO.
[01:00:03]
WELL, I'LL GET INTO THE FINANCIAL, UM, SUMMARIES OF EACH INDIVIDUAL MAJOR EVENT AND, UH, ABBY WILL COME UP AND, UH, HAVE SOME ADDITIONAL INFORMATION, UH, LATER IN THE PRESENTATION.UH, SO LOOKING AT OVERALL AT KA BOOM TOWN, UH, WE'VE GOT PROJECTED OPERATING REVENUE, ABOUT 300, 1000, STILL WAITING ON TO FINALIZE THE RESULTS FROM THE KA BOOM DOWN.
SO, UH, SO WE STILL HAVE AN ESTIMATE OF WHAT WE BUDGETED, BUT I THINK WE PERFORMED PRETTY WELL AS FAR AS, UH, REVENUE AT, AT THE, THE 2025 VERSION OF KABOOM TOWN.
UM, SO OPERATING EXPENSES FOR NEXT FISCAL YEAR, UH, JUST UNDER 505,000.
UH, OCTOBERFEST OCTOBERFEST HAS NOT OCCURRED YET, SO WE DON'T HAVE AN ESTIMATE FOR 25 ON THE REVENUE.
SO WE'VE GOT, UH, WHAT WE BUDGETED, UH, AS OUR ESTIMATE, UH, THE BUDGET SLIGHTLY INCREASING IN 2026, UH, UP TO 715,000.
UH, OVERALL EXPENSES JUST UNDER 900,000 WITH NET INVESTMENT THERE.
ABOUT 184,000 TOTAL INVESTMENTS FOR TOTAL INVEST.
UH, AND THEN TA UM, SO TA UH, OVERALL REVENUE 460,000, UH, IN TOTAL, UH, PROJECTED FOR 2026, UH, EXPENDITURES.
UH, 1,090,000, UH, TOTAL INVESTMENT, UH, AS IN YOUR PROPOSED BUDGET IS $630,400.
UH, ABBY'S GONNA GO OVER SOME ADDITIONAL, UM, OPTIONS, UH, RELATED TO TA HELP, HELP ME UNDERSTAND YOUR TERMINOLOGY.
THAT'S OUR NEGATIVE OBJECTION TO LOSE.
BUT INVESTMENT SOUNDS DIFFERENT TO ME THAN LOSS.
UH, AND THEN ANY OTHER QUESTIONS ABOUT THE THREE INDIVIDUAL EVENTS FINANCIALLY? I'LL HAND IT OVER BACK TO ABBY.
I DON'T KNOW IF THIS IS FOR YOU OR FOR ABBY, BUT YOU KNOW, WE, WE BRIEFLY TALKED ABOUT THIS YESTERDAY.
UM, THE EXPENSES ARE WHAT THEY ARE, RIGHT? THE INFRASTRUCTURE.
UM, I, I THINK TASTE IS VERY SIMILAR TO OCTOBER FEST.
RIGHT? BUT WHY IS THERE SUCH A DIFFERENCE IN EXPENSES BETWEEN TASTE? I MEAN, WE'RE LOOKING AT A MILLION, AND THEN OCTOBER FEST IS ABOUT $3,000 LESS.
WHAT'S THE DIFFERENCE? UH, THE MAJOR THING AS FAR AS TASTE IS THE COST OF THE ENTERTAINMENT IS NUMBER ONE DRIVER AT TASTE.
I SEE OCTOBERFEST, WELL, IT HAS ENTERTAINMENT.
YOU MEAN BULK COMMANDS ARE CHEAPER THAN GEORGE STRIKE? WELL, I WISH WE HAD GEORGE STRIKE.
WELL, SO IF I, I WASN'T HERE YESTERDAY AND OBVIOUSLY IT'S BEEN ON MY MIND.
YOU KNOW, THE, THE CONSIDERATIONS FOR THE ENTERTAINMENT BEING HALF A MILLION DOLLAR BASIS IS WHAT IT COMES DOWN TO.
A HALF A MILLION DOLLAR INVESTMENT OF THE BANDS.
NOT A BAND, BUT THE BANDS OVER THAT THREE DAY TENURE.
WAS THERE DISCUSSION YESTERDAY ABOUT SHORTENING TASTES? THAT'S, THAT'S FOR, I THINK SHE WAS ABOUT TO GET INTO THAT.
WE'RE ABOUT TO HAVE ABOUT FOUR OR FIVE SIDES.
I FIGURED I WHAT I MISSED YESTERDAY VERSUS TODAY.
I, I SEE THAT WE HAVE 43 VENDORS.
I'M ASSUMING THAT'S RESTAURANTS.
HOW MANY RESTAURANTS DO WE HAVE IN ADDISON'S? ALMOST 200.
WHY, WHY IS THE NUMBER SO LOW? WHY, WHY ARE OUR RESTAURANTS NOT PARTICIPATING IN, SO WHEN WE TALKED ABOUT IT YESTERDAY, WE WENT OVER THE TIMELINE OF SOME OF THE TRANSITION.
I THINK YOU TALKED ABOUT HOW WE WERE BLINDED THIS HOW MANY TIMES TOO MANY.
AND SO THAT CONTRIBUTES TO THE RESTAURANT'S, UM, FALLING OFF, IF YOU WILL.
UM, COVID CONTINUES TO BE A MAJOR FACTOR AND RESTAURANT PARTICIPATION AND WHAT THAT LOOKS LIKE.
AND SO THAT'S ANOTHER FEATURE, THE FACTOR.
UM, WELL, AND I ALSO ADD, YOU KNOW, AS WE TALKED ABOUT YESTERDAY, WHAT ARE OUR GOALS? THE GOAL IS TO INCREASE THAT NUMBER AND IT WAS 22 YEARS AGO.
SO WE'RE TRYING TO GET YEAH, EXACTLY.
THAT'S BECAUSE OF COVID, RIGHT? YEAH.
I THINK WELL REALLY, IF YOU GO TO, IF YOU GO TO THE BIG CHANGE FROM FOR COURT, THAT HAD A BIG IMPACT THEN COVID.
SO THERE'S BEEN A LOT OF IMPACTS THAT LED TO THAT.
UM, AND SO I THINK AS WE, AS WE HAVE ALL THESE CONVERSATIONS, AND I THINK WE'VE KIND OF TEED UP, WELL, A LOT OF IT IS THOSE COMPETING GOALS OF HOW DO WE TRY TO GET ALL THE RESTAURANTS HERE, BUT WE'RE ALSO LOOKING AT WHAT THE LOSS IS AND EVERYTHING, ALL THE OTHER COMPONENTS OF HOW TO, WHAT DO WE PRIORITIZE AND WHAT IS THE THING WE TRY TO FOCUS ON NOW AND DO WE, HOW AGGRESSIVE SHOULD WE BE? SHOULD WE TRY TO ATTACK IT ALL THIS YEAR? DO WE WAIT ON THAT? AND I THINK THAT'S HOPEFULLY
[01:05:01]
WHAT WE TEED UP AND NOT THIS, I WANT TO, THIS CONVERSATION TO CONTINUE.NO, I, I MEAN THIS, THIS ALL STARTED FOR THE BENEFIT OF OUR RESTAURANT.
I MEAN, THAT'S WHAT TAY STARTED AS.
AND IT, IT APPEARS THAT THE RESTAURANTS ARE NOT SEEING IT AS A BENEFIT TO THEM ANYMORE IF THEY'RE NOT EVEN INTERESTED IN TAKING PART IN THE EVENT.
WHICH GOES BACK TO WHAT I, I, YOU AND I HAVE SPOKEN ABOUT THIS.
I, BRUCE, YOU AND I HAVE SPOKEN ABOUT THIS, WHICH IS WHO'S REALLY COMING TO TASTE ADDISON? 17,000 RESIDENTS? ARE WE GETTING PERCENTAGE OF THAT? BUT I, I'VE ALREADY DONE MY OWN POLLING OVER THE YEARS OF GOING TO THIS THING, AND IT IS PEOPLE FROM FARMERS BRANCH AND
SO WHY, WHY WOULD WE NOT CONSIDER OPENING UP TO THEIR RESTAURANTS TO COME TO OUR TASTE? AND THE, AND OR SOME SORT OF AN EMISSIONS IS MULTIPLIED BY TWO, IF YOU'RE FROM FARMERS BRANCH VERSUS FREE FOR ADDISON RESIDENCE LIKE WE DO FOR KABOOM, THERE'S JUST GOTTA BE A BETTER WAY OF BREAKING DOWN.
WE'RE NOT TAKING ADVANTAGE OF THESE NEIGHBORING CITIES OR USING OUR TOWN'S RESOURCE AS IF IT'S THEIR PLAYGROUND, BUT NOT HAVING TO CONTRIBUTE A DOLLAR.
IN MY OPINION, WE'RE ENTERTAINING THE NEIGHBORHOOD, WE'RE ENTERTAINING THEIR NEIGHBORHOODS AND THEIR CONSTITUENTS.
BUT THEY DO, THEY DO PAY TO COME TO IT THOUGH.
WHICH GOES BACK TO THE QUESTION, WHICH I'M SURE WILL BE BROUGHT UP, WHICH IS, IS THERE A TWO TIME MULTIPLIER ON THEIR ENTRANCE INTO THE, INTO THE VESSEL OR A ONE TIME MULTIPLIER? WHAT DOES THAT MULTIPLIER LOOK LIKE? IF YOU'RE NOT FROM ADDISON, AS I, I DO THINK IT'S IN, IT'S VALID AND WE SHOULD HAVE ALL THIS CONVERSATION, BUT REMEMBER, THIS IS FUNDED FROM THE HOTEL FUND, AND SO IT'S FUNDED BY FOLKS WHO STAY IN HOTELS.
AND THE PURPOSE OF THE HOTEL FUND IS TO BRING PEOPLE TO ADDISON.
SO THAT IS PART OF THE PURPOSE.
UM, THAT'S JUST SOMETHING TO KEEP IN MIND AS WE GO THROUGH THE CONVERSATION.
IT'S JUST TRYING TO GET, MAYBE IT IS OPENING UP TO OTHER RESTAURANTS, BUT MAYBE, I DON'T KNOW.
AND I THINK THAT'S PART, SO PART OF THE CONVERSATION WE HAD YESTERDAY WAS THE FACT THAT THE RESTAURANTS DON'T DO ANY REVENUE SHARE AND THAT THEY HAVE ALCOHOL.
AND THOSE ARE THE REVENUE SOURCES THAT WE FOREGO ESSENTIALLY FOR THE BENEFIT.
SO AS WE GO THROUGH THESE OPTIONS, IF WE, IF, IF WE WANT TO SAY, IF GETTING THE SUBSIDY DOWN AT LOWER IS A PRIORITY ON PAR WITH THE RESTAURANTS, WE SHOULD HAVE, THIS IS A GOOD POLICY CONVERSATION TO HAVE.
'CAUSE WE NEED TO BALANCE THOSE.
IF, IF, AND I UNDERSTAND IT, IF WE WANT TO SAY WE WANT TO GET THAT AS LOW AS POSSIBLE, QUICKLY, LET'S HAVE THAT CONVERSATION AND TALK ABOUT WHAT THE TRADE-OFFS COULD BE.
BECAUSE WE CERTAINLY COULD GO AND, WE'LL, WE COULD CERTAINLY SAY WE NEED TO DO A REVENUE SHARE WITH THOSE RESTAURANTS AND BE OPEN TO OTHER RESTAURANTS.
RIGHT? AND WE NEED TO HAVE ALCOHOL CENTRALIZED THAT COULD RESULT IN SOME OF THE HOTELS BEING LESS LIKELY TO PARTICIPATE BECAUSE OF WHAT THEY'RE COMPARING IT TO.
BUT THAT IS A POLICY CONVERSATION THAT WE SHOULD BE HAVING.
WELL, HERE'S WHAT I THINK, RIGHT? LIKE I, I, I BELIEVE IN THE FESTIVALS, RIGHT? WE SAID IT LAST NIGHT, I THINK BRUCE SAID IT, THAT IT'S PART OF OUR BRAND.
I I THINK YOU'RE DOING A FANTASTIC JOB BECAUSE I FEEL LIKE YOU'VE BEEN TASKED TO HAVE A FESTIVAL THAT HIGHLIGHTS OUR RESTAURANTS, RIGHT? YOU, YOU'RE DOING ALL YOU CAN DO.
AND I THINK YOU'RE BEING REALLY CREATIVE.
WHERE, WHERE MY MIND IS, IS MAYBE THAT DOESN'T WORK ANYMORE.
I MEAN, 'CAUSE IF YOU LOOK AT ALL THE INFRASTRUCTURE THAT WE ALREADY TALKED ABOUT, THE COST, I MEAN, IT'S A MILLION BUCKS, RIGHT? WE HAD 16,000 PEOPLE COME IN LAST YEAR, AND WE HAD JUST UNDER $400,000 IN REVENUE.
EVEN IF WE TRIPLED A 10 INCH, WHICH I THINK IS REALLY DIFFICULT TO DO, WE WOULDN'T BREAK EVEN.
UM, AND THEN WE TALK ABOUT, WELL, MAYBE WE CAN HAVE MORE RESTAURANTS.
WELL, IT FEELS, IT FEELS TO ME LIKE THE RESTAURANTS ARE GOING, DON'T WANNA DO IT.
AND THEN WE SAY, WELL, MAYBE WE COULD, WE COULD HAVE ONE BIG NAME FOR ENTERTAINMENT.
AND THIS PREVIOUS YEAR WE GREW ATTENDANCE BY 30% AND REVENUE WENT DOWN.
SO EVEN IF WE SPENT A LOT MORE MONEY TO BRING IN BETTER ENTERTAINMENT, I FEEL LIKE WE BRING IN MORE PEOPLE, BUT PEOPLE ARE COMING IN AND NOT SPENDING MONEY.
SO I DON'T, I MAYBE THERE'S SOMETHING ELSE OUT THERE THAT WE CAN DO.
I, I DON'T KNOW, BUT I FEEL LIKE THAT'S THE CONVERSATION THAT WE NEED TO HAVE.
DID DID WE USED TO HAVE RESTAURANT WAIT OR DO WE STILL HAVE MONEY? NO.
DIDN'T WE HAVE? I IT'S GOING ON RIGHT NOW.
UM, AND WE'VE GOT ABOUT EIGHT OF OUR RESTAURANTS THAT ARE PARTICIPATING IN, WE ACTUALLY DID A RESTAURANT WEEK, MONTH, A FEW YEARS AGO, UM, IN CONJUNCTION WITH DEVELOPMENT.
AND WE DIDN'T HAVE A TON OF INTEREST FROM THE RESTAURANTS.
UM, IT, IT IS ONE OF OUR STRUGGLES, FRANKLY, IS GETTING 'EM INVOLVED.
WE HAD MUCH BETTER LUCK NOW, BETTER WEBSITE.
ABBY'S TEAM HAS DONE A GREAT JOB, UM, THROUGH YOUR OUTREACH, THROUGH TASTE.
WE HAVE BETTER COMMUNICATIONS WITH THEM.
YOU HAVE TO HAVE A CERTAIN DOLLAR LEVEL TO BE ABLE TO, TO REALLY BE PART OF DALLAS RESTAURANT.
THE RESTAURANT WEEK, IT'S NOT DALLAS ANYMORE.
UM, AND A LOT OF OUR, OUR FAST
[01:10:01]
KIND OF RESTAURANTS AND HAVE A RESTAURANTS REALLY DON, UM, RESTAURANT.THE REASON I ASK IS I THINK WE'RE LOSING 800, 700 NOW PROJECTING 600.
MAYBE WE COULD SPEND 200, 300.
THAT WOULD BE AN INVESTMENT TO PROMOTE IT, TO BRING TRAFFIC TO OUR RESTAURANTS FOR A WEEK OR A MONTH OR WHATEVER.
I MEAN, I DON'T KNOW IF WE TIE INTO DALLAS OR NOT, BUT I'M THINKING OF DOING SOMETHING DIFFERENT CASE TO JUST, THEY DON'T HAVE TO SET UP THEIR, WE DON'T HAVE THE INFRASTRUCTURE.
WE DON'T HAVE TO BRING IN EXPENSIVE VANS.
THE RESTAURANTS KEEP ALL THEIR, UH, THEIR EMPLOYEES IN ONE PLACE AND SETTING OUT THE SPREADS OF THIN.
AND MAYBE THEY HAVE SOME KIND OF SET MENUS OR DISCOUNTED PRICING OR SOMETHING WHERE WE GO KIND OF GET BUY IN FROM THE RESTAURANTS FOR A WEEK LONG OR A TWO WEEK LONG AND WE PROMOTE IT AND OUR DOLLARS TO PROMOTE IT.
AND I DON'T KNOW WHICH FUND, BUT I'M JUST TRYING TO HANG OUTSIDE THE BOX.
I THINK TASE IS NOT WORKING AND I'M HEARING IT FROM EVERYBODY ELSE.
BUT IF HIT THE NAIL ON THE HEAD, CAN, CAN WE LET, CAN WE LET ABBY MOVE FORWARD WITH THE SLIDES THAT SHE HAS PREPARED THE WISDOM, SOME OPTIONS THAT WE CAN CONSIDER? SO I WANTED TO HIGHLIGHT FIRST I'LL START OFF BY SAYING THAT I APPRECIATE THE FEEDBACK.
THAT IS VERY HELPFUL FOR US AS WE NAVIGATE THE PROCESS.
I'LL ALSO SHARE THAT WHEN WE DO THE PROCESS, WE DON'T ACTUALLY, AS I MENTIONED DURING OUR ACCOMPLISHMENTS, WE DON'T ACTUALLY JUST PLAN FOR THIS YEAR'S EVENT.
WE'RE NOT TAKING EACH EVENT AS IT COMES, AND THEN WE'RE JUST HOPING THAT SOMETHING'S GONNA HAPPEN.
WE ACTUALLY TAKE A VERY STRATEGIC APPROACH TO IT.
AND SO AFTER OUR 2023 EVENT, WE SAT DOWN AND SAID, OKAY, WHAT ARE WE DOING? WE NEED TO, WITH ALL THREE EVENTS, WHEN WE LOOKED AT TASTE, ONE OF THE THINGS THAT WE IDENTIFY, UM, I TELL THIS STORY OFTEN AS I REMEMBER DOING THE TASTE WRAP UP FOR 2023.
WE WERE AT THE, UH, WHAT WILL SOON BE THE NEW TOWN HALL.
AND I'M STANDING UNDER THE DIM LIGHTS AND THERE WAS A CAMERA LIGHT THAT SAT RIGHT OVER THE PODIUM.
AND I STOOD THERE IN THE SPOTLIGHT AND MAYOR ARSON HAD JUST TAKEN TURN, HAD TURN, WHICH JUST STARTED.
AND WHAT HE SAID TO ME AS PART OF THE WRAP UP IS, ABBY, THERE'S ABOUT 200 RESTAURANTS IN ADDISON.
IT LOOKS LIKE WE HAD, HE FLIPPED BACK TO THE SLIDE.
HE SAID, IT LOOKS LIKE WE HAD 21.
IS THERE ROOM FOR MORE? THE ANSWER WAS YES.
TODAY IN 2024, WHEN WE WENT INTO OUR PLANNING SESSION, WE ACTUALLY PLAN FOR THE NEXT THREE TO FIVE YEARS.
AND SO OBVIOUSLY THAT CHANGES IN THAT, THAT THAT'S DICTATED BY THE THINGS THAT HAPPENED.
THERE WAS AS STORY THAT HAPPENED IN 2024, AND YOU CAN'T PLAN FOR THAT IN 2025.
SO MAYBE WHAT WE HAD ANTICIPATED WHERE WE ANTICIPATED BEING AT FOR 2025 IS A LITTLE BIT STALL AND WE'RE HAVING TO GO BACK AND REDO THAT.
THE TOD IS COMING, DART IS COMING.
AND SO IT WOULD BE UNREALISTIC FOR US JUST TO GO EVENT BY EVENT AND THEN JUST SAY, WE NEED TO DO THIS, WE NEED TO DO THAT.
THEY'RE ALL THINGS THAT HAVE TO BE ANSWERED AND ADDRESSED.
AND I DO BELIEVE THAT THE EVOLUTION OF TASTE TO TODAY, IT TOOK, I MEAN IN 20, IN 2014 WAS WHEN WE MADE THE SWITCH TO FOR BEND COURT.
AND SO IT'S TAKEN US SOME YEARS TO GET TO THE POINT THAT WE'RE AT.
AND SO WHEN WE TALK ABOUT SOLUTIONS AND HOW DO WE MOVE FORWARD, I WOULD ASK THAT YOU KEEP IN MIND THAT IT TOOK US 20 PLUS NINE PLUS YEARS TO KIND OF GET TO THIS SPOT.
AND SO TO EXPECT IT TO REVERT IN ONE YEAR IS A LITTLE BIT TOUGH TO DO FOR ANY, FOR ANY GROUP.
BUT WE DO TAKE THE PLANNING SERIOUSLY, AND WE DO PLAN OUT FOR MULTIPLE YEARS, NOT JUST THE YEAR THAT THAT IS TAKING PLACE.
AND SO I JUST SAY THAT SO THAT WHEN I GO INTO THE SLIDES, YOU, YOU UNDERSTAND KIND OF WHERE OUR THOUGHT PROCESS WAS.
IT'S NOT JUST IN RESPONSE TO THE EVENT THAT JUST HAPPENED.
SO STEVEN JUST TALKED ABOUT THE FUND SUMMARY AND TALKED ABOUT WHAT THAT LOOKS LIKE.
THIS IS WHAT THAT BREAKDOWN KIND OF LOOKS LIKE, AND THIS IS WHAT THE BUDGET THAT HE SHARED, WHAT THAT KIND OF LOOKS LIKE.
WE WOULD CONTINUE TO INVEST IN OUR RESTAURANTS AND SHOWCASE OUR TOWN BRAND IDENTITY.
IT IS A PART OF MY, OF OUR IDENTITY.
IF YOU'VE EVER SAID WE'RE 4.4 SQUARE MILES AND WE HAVE OVER 200 RESTAURANTS, THAT IS A PART OF OUR IDENTITY.
I HAVE BEEN A PART OF THE EVENTS INDUSTRY FOR AS LONG AS TASTE HAS BEEN IN EXISTENCE, AND I WAS A COMPETITOR ONE TIME.
AND SO I DO UNDERSTAND, I DON'T KNOW THAT I WAS NECESSARILY TUNED IN WHEN THE EVOLUTION HAPPENED TO WHERE WE ARE TODAY, BUT I DO KNOW WHAT THE EVENT USED TO BE.
WE'LL CONTINUE TO FOCUS ON THE FOOD AND SOMEONE MENTIONED IT WAS DESIGNED AND IMPLEMENTED FOR THE FOOD AND TO SHOWCASE THE FACT THAT WE ARE SO DENSELY POPULATED WITH RESTAURANTS.
AND THAT WOULD CONTINUE TO BE OUR FOCUS AS THE NAME OF THE EVENT ACTUALLY SAYS A REFERENCE TO FOOD.
UM, THE COALITION HAS BEEN A GAME CHANGER FOR US THIS PAST YEAR.
WHEN WE TALK ABOUT HAVING RESTAURANT BUY-IN, THERE IS RESISTANCE TO PARTICIPATE.
[01:15:01]
IS NO DOUBT ABOUT THAT.UM, IN 2023, WHEN WE WENT FROM TO 24, WHEN WE WENT FROM 21 TO 46 RESTAURANTS, IT WAS NOT AN EASY TASK.
IT WAS A LOT OF HARD CONVERSATIONS.
IT WAS SITTING AROUND THE TABLE AND DOING WHAT I'M DOING HERE TO PAINT A VISION OF WHERE WE WANT TO BE IN THE NEXT COUPLE OF YEARS.
WE WEREN'T GOING TO BE ABLE TO RIP THE RUG OUT FROM ANY RESTAURANT AND JUST SAY, THIS IS WHAT WE'RE GOING TO DO.
WE CERTAINLY COULD DO THAT, BUT WITHOUT THEIR BUY-IN, THAT DOESN'T, THAT DOESN'T WORK.
SO THE RESTAURANT COALITION, UM, WILL CONTINUE TO BE AN AREA OF FOCUS FOR US.
AGAIN, IT ALLOWS US TO STAY CONNECTED TO THAT COMMUNITY YEAR ROUND AND NOT JUST WHEN THE EVENT IS HAPPENING.
AND SO WE'RE, UM, CONTINUING TO FOCUS ON THE COALITION FOR THEIR ASSISTANCE AS WELL AS LEADING AND HELPING US TO UNDERSTAND WHAT DOES THIS LOOK LIKE? THESE ARE YOUR COMRADES.
WHAT DO YOU ALL WANT THIS TO LOOK LIKE AND HOW WILL YOU SAY YES TO PARTICIPATE? AND SO HELPING US TO, TO FORMULATE WHAT THEY WANT THE EVENT TO LOOK LIKE, KNOWING IN THE BACKGROUND, WE HAVE AN IDEA OF WHAT WE THINK COULD POSSIBLY WORK.
WE WOULD REALLOCATE THE FUNDS THAT ARE APPROVED TO SUPPORT SOME OF OUR BIG BIGGER NATIONAL APPS.
UM, YESTERDAY I SHARED SOME OF THE FEEDBACK THAT THE RESTAURANTS PROVIDED ABOUT MUSIC.
ARE WE A MUSIC FESTIVAL? ARE WE A FOOD FESTIVAL? OUR RESTAURANT COMMUNITY SAYS, I THINK WE CAN BE BOTH.
SOME OF 'EM HAVE BEEN WITH US SINCE 1993 AND WE'RE PART OF THE HEYDAYS.
AND SO WHAT THAT, WHAT THAT MEANS IS SOME OF THE PROGRAMMING DOLLARS HAVE TO MOVE AROUND.
HOWEVER, THE DAYTIME PROGRAMMING WAS VITAL TO DRIVING SOME ATTENDANCE AS OPPOSED TO JUST HOPING THAT THE HEADLINER THAT WE BOOK IS GOING TO BRING IN ALL OF THE PEOPLE.
UM, WE ARE ALSO CONTINUING TO, TO DEVELOP WHAT THAT FESTIVAL FORMAT LOOKS LIKE.
WE KNEW AFTER 2023 THAT THE FORMAT THAT WE HAD WAS ONE SIZE FITS ALL, AND THAT'S WHAT WE HAD BEEN OPERATING ON.
AND SO YOU SEE A LOT OF THE CHANGES THAT CAME FROM THAT AS FAR AS US MEETING WHERE EATING RESTAURANTS WHERE THEY ARE, SOME OF THEM ARE NOT GONNA SELL.
SOME OF THEM DON'T WANNA SELL FOOD.
THEY JUST WANT AN AREA THAT THEY CAN GO OUT AND HAVE LARGE GATHERINGS OF PEOPLE SO THAT THEY CAN PROVIDE SAMPLES.
NOT EVERY RESTAURANT WANTS TO DO THAT, THAT, BUT WE OFFERED OPPORTUNITIES TO ALLOW IT WAS WE, WE TRIED TO MAKE IT HARD FOR A RESTAURANT TO SAY NO.
DOES IT MEAN THAT THEY DIDN'T SAY NO? OBVIOUSLY NOT IF WE HAVE CLOSE TO 200, BUT WE'RE WORKING TOWARDS THAT.
WE ALSO WOULD MAINTAIN THE OPERATING BUDGET FROM FISCAL YEAR 2025.
AND YOU SEE SOME OF THE PROJECTIONS THERE.
WHEN WE TALK ABOUT PROGRAMMING, AGAIN, PROGRAMMING IS A BIG PART OF DRIVING OUR ATTENDANCE.
OUR PRIMARY FOCUS WOULD BE FOOD.
THE FAMILY FRIENDLY ACTIVITIES AND THE EXPERIENCES HELP TO SHOWCASE OUR TOWN RESTAURANTS.
THIS IS OF THE THREE EVENTS THAT WE PRODUCE.
THIS IS PROBABLY THE BIGGEST COMMUNITY BASED EVENT BECAUSE OF THE TIE TO ALL OF OUR ADDISON RESTAURANTS.
I WILL TELL YOU IN 23 AND 24, AND NOW THIS YEAR, I ANTICIPATE THE, THAT I WILL HEAR FEEDBACK ON THAT AS WELL IS THERE'S BEEN A DIRECTIVE TO ONLY HAVE ADDISON RESIDENT OR ADDISON RESTAURANTS GET RID OF THE CONCESSIONAIRES.
ONE OF THE THINGS THAT WE'VE HAD TO EDUCATE EVERYONE ON IS WE GET, RIGHT NOW, IF WE GOT RID OF THE FIVE CONCESSIONAIRES, SIX CONCESSIONAIRES THAT WE HAD IN 2025, THE REVENUE LINE, WHILE IT'S ONLY ABOUT 32,000 THAT WE GENERATED FROM THE OUTSIDE, ADDISON BASED CONCESSIONAIRES, THAT MINE GOES TO ZERO.
THAT'S JUST BECAUSE OF THE WAY THE FORMAT IS.
NOW, NOT SAYING THAT THAT'S WHERE WE WANT IT TO BE, WE ACTUALLY WANT TO GET TO A POINT WHERE WE ARE GENERATING REVENUE FROM THE RESTAURANTS IN SOME CAPACITY.
THIS IS WHAT DRIVES OUR DAYTIME ATTENDANCE, THE DAYTIME OF THE ATTENDANCE.
I HAD OUR TAKING PLATFORM, PULL SOME NUMBERS FOR ME, UM, TO, UH, YOU HAVE THE SCANNING PROCESS THAT ALLOWS YOU TO TRACK ATTENDANCE ON FRIDAY NIGHT, 74% OF OUR ADMISSION ENTER OUR FESTIVAL GATES FROM SIX TO SEVEN ON SATURDAY, 34% AND 35% ENTERED BETWEEN 3:00 PM AND 8:00 PM ON BOTH OF THOSE DAYS.
OUR HEADLINER TOOK THE STAGE AT 10:00 PM THAT TO ME TELLS US THAT THE PROGRAMMING THAT WE'RE DOING AND THAT WE HAVE ADDED, THAT DOES ADD EXPENSE.
THAT IS DRIVING ATTENDANCE ON SUNDAY FROM 12 TO 1:00 PM EIGHT'S OPENED AT NOON ON SUNDAY.
44% OF OUR ATTENDEES ENTERED THE GATES AT THAT TIME, THE HEADLINER ON SUNDAY DIDN'T TAKE THE STAGE UNTIL FOUR 30.
AND SO THAT TELLS US THAT THE DAYTIME PROGRAMMING AND THE STRATEGY THAT WE HAVE AROUND CATERING TO ALL DEMOGRAPHICS IS HAVING AN IMPACT ON OUR, UM, ATTENDANCE.
YOU HAVE THE NUMBER OF THE PEOPLE THAT ENTERED THE GATE AN HOUR OR TWO BEFORE THE HEADLINER TOOK.
THAT WOULD INDICATE THEY CAME TO SEE THAT HEADLINER.
ON FRIDAY FROM NINE TO 10:00 PM 1%, 1% ON SATURDAY FROM NINE TO 11:00 PM 7%, AND ON SUNDAY FROM FOUR TO 5:00 PM 17%.
[01:20:01]
SO THEY'RE WILLING NOT TO COME TO SEE THE, THE MAN.WELL, YOU CAN'T SAY THAT FOR SURE.
NO, I THINK THAT THEY SAID THAT YOU COULDN'T EVEN HARDLY GET IN THERE IN TIME TO SEE IT.
IF YOU GET THERE, CHECK IN AT NINE OR WHATEVER.
SO WHAT, WHAT ABOUT THE TIMEFRAMES OF, SO WHEN DID THE HEADLINER GO IN ON GO ON ON UH, SATURDAY.
WHAT TIME WAS IT? 10:00 PM AND SO WHAT, WHAT'S THE EIGHT TO NINE, SEVEN TO EIGHT NUMBERS AGAIN? SO SIX TO EIGHT IS THE NUMBER THAT I HAVE.
ON FRIDAY, I WOULD SAY, I'M SORRY.
UH, SO THEY PROBABLY CAME TO EAT, HAVE A BEER, AND THEN WATCH THE SHOW AND THEN WATCH THE SHOW.
AND THERE THERE WAS ALSO AN OPENER THAT WAS SIMILAR TO THEIR HEADLINER.
SO THERE A LOT OF THOSE FOLKS PROBABLY CAME IN FROM ABOUT THE SAME LEVEL.
BUT AS WE TALKED ABOUT YESTERDAY, IF WE MOVE FORWARD WITH WHAT WE'RE TALKING ABOUT, WE WOULD REALLY WANT TO TRY TO GET A BETTER HEADLINER AND SACRIFICE POSSIBLY SOME OF THE QUALITY OF THE BANDS THAT WE HAVE FOR THE OPENERS OR JUST HAVE DIFFERENT A COST POINT ON THOSE BANDS AND TRY TO GET, BUT RANDY, I THINK THAT WHAT YOU'RE TALKING ABOUT IS, ARE WE DRIVING? IS IS THAT WHAT THEY'RE COMING FOR? THAT'S EXACTLY THE QUESTION YOU YOU'RE ASKING.
I'M NOT SURE HOW TO GET THE RIGHT ANSWER, HOW TO GET THE ANSWER.
IT SEEMS LIKE THE BIGGEST PART OF OUR EXPENSE MM-HMM.
IS NOT DRIVING THE BIGGEST PART OF OUR REVENUE IN OUR ATTENDANCE.
THAT'S WHAT I'M TRYING TO GET AT.
NO, BUT THIS IS ALSO THE SECOND YEAR, IF WE COUNT 2024 THAT WE HAVE HEAVILY LEANED INTO THE DAYTIME PROGRAMMING PRIOR TO THAT, UM, IN 2023, GATES DIDN'T EVEN OPEN UNTIL 2:00 PM UM, AND IN 2023, THE ATTENDANCE THAT WALKED THROUGH THE GATE FROM 2:00 PM TO 4:00 PM WAS ONLY 35%.
SO AGBY, WHEN YOU, WHEN YOU CONCURRED THAT YOU DIDN'T YOU, THAT YOU DIDN'T FEEL LIKE THE HEADLINERS DROVE MUCH ATTENDANCE.
SO WHAT ELSE ARE YOU BASING IT OFF? UH, AS FAR THE, THE SCANNING OF THE TICKET.
SO YOU'RE BA YOU, YOU GET A SENSE OF WHEN YOU'RE OUT ON THE SITE SURE.
AND YOU'RE LOOKING OUT TO SEE WHAT THAT CROWD LEVEL LOOKS LIKE.
YOU KNOW, ONE OF THE THINGS THAT I SHARED, UM, AS WE WERE DOING OUR DEBRIEF WAS, WAS THAT THERE WERE OVER 3,500 PEOPLE THAT WERE ON PROPERTY ON SUNDAY.
I CAN TELL YOU WITH CONFIDENCE THAT NOT ALL 3,500 WERE OUT WATCHING LEE BOWEN.
JUST WANTED TO GET YOUR TAKE ON THAT.
DO WE HAVE A TARGET MARKET? LIKE IS THERE AN AGE GROUP THAT WE SAID, HEY, THERE IS THIS AGE GROUP THAT WE KNOW WILL COME TO A FESTIVAL, EAT FOOD, HAVE A BEER, AND WATCH THIS FORM OF ENTERTAINMENT.
DO WE KNOW WHAT THAT IS? SO I THINK IT, IT, SO I LIKE TO SAY THAT WE CATER TO ALL DEMOGRAPHICS.
WHEN YOU HAVE A MULTI-DAY FESTIVAL, IT'S IMPORTANT THAT YOU PROVIDE ACTIVITIES FOR ALL, ALL OF THE DEMOGRAPHICS THAT ARE ATTENDING.
WHAT WE'RE PROGRAMMING OUT FOR NEW BEFORE ISN'T GONNA BE THE SAME DEMOGRAPHIC THAT WE'RE CATERING TO ONCE THE SUN SETS.
AND SO I DO UNDERSTAND YOUR QUESTION.
THERE'S NOT A BLACK AND WHITE ANSWER TO THAT.
EVEN WITH REGARDS TO THE STAGE AND THE ENTERTAINMENT THAT YOU PLACE IN THE STAGE, THERE'S AN OPPORTUNITY TO CATER TO ALL OF THE DEMOGRAPHICS.
ONE OF THE RECOMMENDATIONS WAS, WELL WHAT IF WE JUST DID A COVER BAND, LIKE AN EMERALD CITY BAND? YOUR DEMOGRAPHIC YOU'RE SAYING WOULD COME OUT AND SUPPORT THAT AND WOULD HAVE A GREAT TIME.
THERE'S SPACE ON THE STAGE TO PUT THAT ON.
AND STILL AN OPPORTUNITY FOR US TO PUT A HEADLINER ON THAT TARGETS A LITTLE YOUNGER DEMOGRAPHIC.
AND SO YOU REALLY CAN ACCOMPLISH GOALS.
IT'S JUST JUGGLING THAT AND NOT DIGGING IN THERE IS ALSO THE REALLOCATION OF THE FUNDS MM-HMM
AND SO I'M NOT ABLE, I UNFORTUNATELY I'M NOT ABLE TO GIVE YOU YES, IT'S 35 TO 59 OR, OR ANYTHING LIKE THAT.
UM, AND THEN I'LL TALK A LITTLE BIT ABOUT THE PROGRAMMING SIDE OF IT WITH REGARDS TO THE HEADLINE AND SOME OF THAT AND WHAT THAT ENTAILS.
SO ON THE CONVERSATION WITH THE HEADLINER, UM, IN 24, WE HAD LIKE A REALLY YOUNG FOCUSED HEADLINER.
I GO AHEAD AND PULL THAT UP DOWN SO YOU CAN REFERENCE IT.
UM, AND THAT, THAT, SO THE SECONDARY FOCUS WOULD CONTINUE TO BE OUR NATIONAL HEADLINERS.
THIS IS KIND OF THE HISTORY OF WHAT WE'VE SPENT ON HEADLINERS.
THERE ARE SOME OTHER OPENERS THAT WERE TIED TO SOME OF THESE OTHER YEARS THAT I DIDN'T LIST, BUT I'M GONNA GO AHEAD.
YOU SEE THE TOTAL DOLLAR AMOUNT AND YOU SEE WHEN I TALK ABOUT THIS YEAR, HOW I DON'T NECESSARILY THINK PEOPLE WERE COMING OUT FOR OUR HEADLINERS.
WHEN YOU LOOK AT THE INVESTMENT THAT WE'VE DONE, UM, IN 21, 22 AND 23, THOSE WERE, THOSE WERE FOR TWO DAY EVENTS.
AND WE HOSTED THREE DAYS AND SPENT SIGNIFICANTLY LESS ON WHAT THAT LOOKED LIKE.
AND THAT WAS US BEING STRATEGIC AROUND, UM, THE DIRECTIVE WAS TO LOOK AT OUR EXPENSES AND WHERE WE CAN CUT EXPENSES, REDUCE EXPENSES.
THERE IS A RISK OF, THERE IS AN IMPACT OF REDUCING YOUR EXPENSES.
AND WHAT WHAT HAPPENS IS YOU GET TALENT THAT ISN'T NECESSARILY THAT TOP TIER.
I'LL GIVE YOU SOME NUMBERS FOR THE ENTERTAINERS THAT ARE LISTED THERE.
STARTING IN 2021, FLOW WRITEUP WAS 102,500.
[01:25:01]
BLIND WAS 125,000.I REFERENCED HUAN IN 21 AT 40,000.
I'LL FAST FORWARD TO 25 WHEN HUA SAN WAS OUR HEADLINER AND NOT AN OPENER.
WE PAID 58,000 FOR UBA STATE IN 2022.
SEAN PAUL WAS 130,000 STONE TEMPLE PILOTS WAS 145,000.
CAMPBELL BOX WAS 35,000, LIVING COLOR WAS 20,000 IN 2023.
SWAY LEE WAS 115,000 3 0 3 WAS 47,000.
STORY OF THE YEAR WAS 30,000 AND HOR HEIGHTS WAS 20,000 IN 2024.
AND HUNTER PAY WAS 55,000 IN 2025.
SILVERSTONE PICKUPS WAS 60,000 IN REFERENCE TO THE SNAKE AT 58,000 AND WAVE BOWEN WAS 35,000.
DO YOU HAVE THAT BROKEN DOWN INTO ANOTHER THING BEFORE WE CAN GET THAT? IS THAT IN THE PRESENTATION ANYWHERE OR IS THAT JUST, THIS IS JUST MY NOTES.
WOULD YOU DO THAT, PLEASE? YES, SIR.
I REMEMBER ONE YEAR THAT IT WAS LIKE THE, THE FEEDBACK FROM COUNCIL AT THAT TIME WAS, CAN WE GET A LITTLE, UH, A, A HEADLINER THAT WOULD APPEAL TO JUST A LITTLE OLDER AUDIENCE? SO THAT WAS, THAT WAS AFTER 23.
AND, AND THAT'S SO, AND WE, AND YOU CAN SEE WE TRY TO GO BACK A LITTLE BIT TO ROCK AND COUNTRY OF COUNTRY ON MM-HMM
AND I UNDERSTAND NOT EVERYONE'S GONNA BE FAMILIAR ALL THE BANDS, BUT REALLY THOSE BANDS YOU SEE IN 25, THEY'RE REALLY FOR LIKE 35 TO 45-YEAR-OLD.
AND I RECALL THAT BEING, THAT WAS KIND OF THE DIRECTION WE GAVE.
SO THEY'RE KIND OF FOLKS THAT WERE REALLY POPULAR ABOUT 20 YEARS AGO.
SO LIKE, AND THAT, I GUESS THAT'S MY POINT.
LIKE SWAY LEE, MY GIRLS HAD A BLAST.
I HAD NEVER HEARD OF SWAY LEE.
UM, BUT I'M SURE THAT AGE GROUP DOESN'T COME IN AND SPEND A WHOLE LOT OF MONEY.
SO I'M, I I THINK I'M PREACHING TO THE CHOIR, BUT I MEAN, YOU, YOU CHOOSE CERTAIN ACTS THAT'LL DRIVE TENANTS, PEOPLE THAT'LL COME IN AND SPEND MONEY.
AND AND TO YOUR POINT THAT THAT IS A FACTOR WE'D BE TAKE INTO CONSIDERATION WHEN WE'RE LOOKING AT HEADLINERS.
THERE ARE OTHER THINGS THAT IMPACT WHAT THAT LOOKS LIKE.
WHILE THREE HUNDRED AND THIRTY, TWO HUNDRED TWENTY SEVEN, 200,000 SOUNDS LIKE A LOT THAT WE'RE THROWING TOWARDS IN A MAJOR MARKET WHERE WE'RE AT, WHERE YOU HAVE THE OPPORTUNITY TO DRIVE.
THERE'S EIGHT, 9 MILLION PEOPLE IN THE AREA AND HOW MANY VENUES HAVE LIVE ENTERTAINMENT? WE'RE IN THAT COMPETITIVE BUCKET WITH EVERYONE ELSE.
AND SO BECAUSE OUR PURSE STRING ISN'T QUITE AS LARGE AS EVERYONE ELSE'S IN THE AREA, WHAT WE'RE LOOKING AT IS WE'RE RESTRICTED TO THOSE ACTS THAT ARE ON TOUR.
WE SOMETIMES GET LUCKY AND PERHAPS THEY'RE PLAYING A PRIVATE GIG AND WE GET TO SECURE THEM ON THE SAME WEEKEND.
WE DON'T HAVE THE FUNDS TO BE ABLE TO SAY, I WANT GEORGE STRAIT.
AND THEN WHEN YOU, WHEN YOU PUT AN OFFER OUT TO AN ENTERTAINER THAT'S NOT ON TOUR OR ALREADY ON THE ROAD, THE FEE IS SUBSTANTIALLY HIGHER.
AND SO YOU SEE SOME OF THAT AND THE, THE, THE OPTIONS FOR ENTERTAINMENT ARE DICTATED BY A LOT OF DIFFERENT THINGS.
AND SO THAT'S THE OTHER REASON WHERE WHEN WE'RE LOOKING AT WHICH NOT A SPECIFIC DEMOGRAPHIC, I MEAN, WE DON'T GO TO A TALENT BUYER AND SAY, WE WANT A CLASSIC ROCK PERSON THAT'S GONNA CATER TO THIS, THIS, AND THIS.
'CAUSE NOW YOUR WINDOW THAT WAS PROBABLY ABOUT THIS WIDE IS NOT THIS WIDE.
AND WE DON'T, WHILE IT IS A LARGE SUM OF MONEY IN COMPARISON, IF IT TRULY ISN'T.
AND SO THOSE ARE FACTORS THAT WE TAKE INTO CONSIDERATION IN YOUR PROGRAM, THAT COMPONENT OUT WELL, OUR ENTIRE BUSINESS MODEL WOULD HAVE TO CHANGE YES, SIR.
TO GET A HEADLINER THAT I THINK WOULD GET PEOPLE TO COME OUT.
YOU CAN'T CONTINUE WITH THE $10 TO GET IN AND GO SEE A, A TOP-NOTCH HEADLINER WITHOUT PAYING SOMETHING ELSE.
UH, AND I LIKE THE FESTIVAL, YOU KNOW, YOU COME AND SEE IT, BUT IT WOULD HAVE TO CHANGE TO MAKE THESE NUMBERS LOOK ANY BETTER.
THE OTHER PIECE OF THAT IS YOU ARE, UM, RESTRICTED TO THOSE ENTERTAINERS THAT ARE DOING THE FESTIVAL SCENE.
AND SO THAT ALSO LIMITS YOUR BUCK AS WELL.
AND, AND JUST SAYING IN A DIFFERENT WAY, WHAT RANDY SAID WAS FOR THE FOLKS THAT COME IN, WE NEED TO SOMEHOW FIND A WAY TO TAKE MORE OF THEIR MONEY MM-HMM
I I AND UNDERSTAND MORE MONEY.
AND, AND I MEAN, BUT THERE, BUT THERE'S SO MANY VARIABLES THERE, RIGHT.
IF WE UPPED THE RESTAURANT GAME, I MEAN, WE'RE NOT REALLY SEEING ANY REVENUE FROM THE RESTAURANT.
SO IT'S ALMOST LIKE THE REVENUE SHARE MIGHT MAKE SENSE.
SO WE'RE, WE'RE JUST ABOUT TO GET TO I'M SORRY.
BUT, BUT I DID WANT TO KIND OF PUT ONE POINT BECAUSE AS
[01:30:01]
WE EXACTLY WHERE WE WANNA GO AND WE'RE TALKING ABOUT REVENUE STREAMS. HEY, LET'S, WHAT HAPPENS IF WE INCREASE ADMISSIONS AND, AND REVENUE SHARE IN ALL THOSE PIECES? I THINK WHEN WE LOOK AT THIS, WELL I THINK WHAT WE'RE TRYING TO SAY WITH THIS IS WE DO THINK THIS PAST YEAR JUST WE WERE TRYING, WE WERE TRYING TO FIND THE, THE BEST, EXTEND THE MONEY AS AS FAR AS POSSIBLE, SPEND THE LEAST AMOUNT OF MONEY TO FIND BANDS AND IT JUST DIDN'T WORK THE WAY WE WANT.BUT IN THE BUCKET THAT WE HAVE IN, IN THE BUDGET, THERE ARE BANDS, THEY'RE EYE BLIND AND THEY'RE GONNA BRING PEOPLE OUT AND THEY'RE IN THE RANGE THAT WE CAN GO FOR AS AN EXAMPLE.
I MEAN, PEOPLE WILL COME OUT FOR THIRD EYE BLIND.
SO THERE ARE OPPORTUNITIES THERE AS WE GO FORWARD.
AND THAT'S ALL WE WANNA SAY IN THIS IS THAT WE, LIKE WITH THE BUDGET WE HAVE, WE CAN GET FOLKS THAT WILL ATTRACT PEOPLE HERE AND THEN WE CAN START TALKING ABOUT THE REVENUE STREAMS TO KIND OF HELP.
WHAT IS OUR BUDGET FOR HEADLINERS THIS YEAR? UH, PROPOSED, UH, PROPOSED 3 25.
SO ANOTHER QUESTION, SO ENTERTAINMENT, UH, WAS 3 0 6 AND HERE IT'S 1 97.
SO 110,000 WAS SPENT ELSEWHERE.
SO WHEN WE HAVE, THERE, WERE A TOTAL OF SEVEN PERFORMING MARCH AREAS, AND THERE'S ALSO AN AGENCY FEE, BUT THE TALENT BUYER THAT DOES ALL THE NATIONAL, UM, ASK OKAY, THANKS.
AND YOU ASKED FOR HEADLINERS, RIGHT? DID YOU MEAN THAT 3 26, IS THAT ALL OF THE ENTERTAIN, NOT JUST THE HEADLINE, RIGHT? THE HEADLINERS FOR 2025.
SO WE WOULD EXPECT ABOUT HUNDRED QUESTION WAS NEXT YEAR.
HOW MUCH IS THE HEADLINE? NO, REALLY IT WAS, IT WAS FOR THIS YEAR.
OF THAT 3 25, WHAT DO WE EXPECT TO BE SPENDING ON HEADLINERS NEXT YEAR? WE'D LIKE TO SAVE ABOUT 300.
JUST JUST FOR THE HEADLINES, JUST FOR THE HEADLINES TO GIVE US A LITTLE BIT, WHAT DO YOU, WHAT DO YOU DO? LIKE ALL OF THE ENTERTAINMENT, HOW MUCH INVESTMENT? YEAH.
ARE YOU THINKING FOR THAT? ALL OF THE, ALL OF THE ENTERTAINER TO INCLUDE AGENCY FEES, WRITERS AND ALL OF THAT? RIGHT.
SO YOU'RE CUTTING WAY BACK ON THE, THAT 110 THAT WAS THIS YEAR? YES, SIR.
WOULD SO LIKE THE EQUALS BE HEADLINER AND IS IT AFFORDABLE OR DO YOU KNOW THEIR NUMBER? IT WOULD READ TO DIFFERENT DEMOGRAPHICS.
AND SO SOME OF THE OTHER THINGS THAT WE WOULD LOOK AT WHEN WE'RE PROGRAMMING OUT, WE LOOK AT HOW MANY ORIGINAL MEMBERS ARE PART OF THAT.
UM, SO THAT WOULD BE A CONSIDERATION THAT WE WOULD DO.
UM, IT WOULD BE CONSIDERED A HEADLINER DEPENDING ON WHAT THE DOLLAR AMOUNT IS.
I DON'T KNOW THAT OFF THE TOP OF MY HEAD.
UM, DEPENDING ON WHAT THAT DOLLAR OR NOT, WHEN WE START LOOKING AT WHERE WE FIT, IS THAT A STRONG ENOUGH DRAW FOR THE SATURDAY? UM, AND SO ANYTHING DIFFERENT, THE GRAPHICS MM-HMM
BUT CERTAINLY AN OPPORTUNITY TO CATER TO ALSO GRAPHICS AS OPPOSED TO SAYING THAT THIS, SO A THOUGHT, A THOUGHT WOULD BE IF, UM, I WANTED TO BUY A TICKET FOR MY TICKETS FOR MY FAMILY OR MY FRIENDS AND AS A COMPONENT OF THOSE TICKETS, INSTEAD OF IT BEING A, A ROUNDED NUMBER FOR EVERYONE TO GO IN, I WANTED MORE ACCESS, LET'S SAY TO THE BAND, I WANT A VIP EXPERIENCE.
I'M WILLING TO PAY FOR THAT VIP EXPERIENCE TO GET TO, TO THE SELFIE SHOT LIKE WE GET AS COUNCIL.
HAS THAT BEEN BROUGHT UP OR CONSIDERED OR THOUGHT OR MULLED OVER FOR THE GENERAL PUBLIC TO HAVE BOUGHT TAXES? LAST MINUTE
I THINK WE SHOULD BE HEAVILY, UH, FOCUSED ON THAT PREMIER AREA.
BUT WHY LIMITED IT TO AN AREA? WHY, WHY CAN'T WE SOMEHOW DESIGN A STAGE THAT, YOU KNOW, IF YOU WANT TO COME IN AT THREE O'CLOCK AND YOU KNOW, HAVE SOME AND SIT HERE VERSUS HERE VERSUS HERE, JUST LIKE A CONCERT ARENA.
THAT'S WHAT I'M GETTING AT IS HOW DO WE CATER THAT OPEN SEAT AREA TO BE ROPED OFF OR SECTIONED OFF OR OFF TO GIVE A BETTER EXPERIENCE AND THEY'RE WILLING TO PAY FOR IT.
I WAS THINKING SOMETHING DIFFERENT.
I WAS THINKING, YOU KNOW, IF, IF, IF WE HAVE A HEADLINE, WE'RE SPENDING MORE MONEY SOMEHOW DESIGN THE STAGE.
SO IF YOU REALLY WANNA SEE IT, YOU KNOW, YOU'RE, YOU'RE BUYING A SPECIAL TICKET THAT'S 50 OR $75 AND YOU'RE, AND YOU'RE SELLING A FEW THOUSAND OF 'EM.
THAT'S WHAT I'M TALKING ABOUT.
I'M TALKING ABOUT EVERYONE THAT WANTS TO COME IN TO SEE THAT BAND PAYS A HIGHER PRICE.
I DON'T UNDERSTAND WHAT YOU'RE SAYING.
HOW'S THAT DIFFERENT THAN LIKE, THE PREMIER AREA IN FRONT OF THE STAGE HOLDS A THOUSAND OR 2000.
I WAS THINKING LIKE OUR V IP AREA THAT MIGHT HOLD A FEW HUNDRED.
I'M THINKING LET'S SELL A FEW THOUSAND TWO, 3000.
AND THEN PEOPLE, CHIEF PEOPLE, BUT ME VERY BAD FOR $10 TICKET.
YOU'RE IN GENERAL, BUT EVEN WORKS.
ONE THING ON THAT WE TALKED ABOUT, WE TALKED ABOUT A LITTLE BIT SINCE YESTERDAY AND A NUMBER OF THINGS SINCE THE CONVERSATION YESTERDAY, WHICH WAS REALLY GOOD.
I THINK WE CAN, ONE OPTION WOULD BE WE KIND OF TAKE THE VIP AREA AND WE EXPAND THAT WHERE WE GET SOME, SOME MORE SEATING, ESPECIALLY HOW WE HAVE THE VIP NOW TO DO THAT OR HAVE
[01:35:01]
ANOTHER SECTION KIND OF A IN BETWEEN.I THINK, I THINK IF WE SAID WE WERE GONNA DO, LIKE WE'RE GONNA HAVE THIS, JUST SEE THE FIRST YOU GET THERE AND THE FIRST, THIS WHOLE SECTION'S JUST SEATS RIGHT IN FRONT OF THE STAGE.
I THINK THAT'S GOING
THAT'S GONNA BE DIFFICULT WITH JUST THE WAY THAT OUTDOOR STADIUMS GO.
IF YOU JUST WALK UP, YOU JUST HAVE SEATS FOR THIS, A BIG PORTION AND THEN YOU HAVE PEOPLE STANDING.
THAT'S JUST NOT TYPICALLY HOW YOU WOULD SEE IT.
I THINK THAT, UM, THERE COULD BE SOME DRAWBACKS TO THAT, BUT I THINK THERE'S OTHER THINGS WE CAN THINK ABOUT MAYBE THROUGH THE VIP, MAYBE ANOTHER THING TO THE SIDE WHERE YOU COULD, MAYBE ON BOTH SIDES YOU HAVE STUFF JUST RIGHT IN FRONT OF THE STAGE.
I THINK THERE MAY BE SOME ISSUES WITH THAT FOR SEATS, BUT THERE COULD BE OTHER THOUGHTS TOO.
THE CURRENT FESTIVAL TREND IN OUTDOOR FESTIVALS IS IF CURTAIN OFF AREA DIRECTLY IN FRONT OF THE STAGE, I'M NOT SURE, I'M NOT LOOKING AT A MAP.
YOU'RE NOT, UM, VISUALIZING WHAT EXACTLY YOU'RE LOOKING AT OR PROPOSING.
UM, THERE ARE ACTUALLY CALLED NO CHAIR ZONES AND SO NO CHAIR ZONE BLANKET ARE DESIGNED TO BE IN THIS SPACE.
AND IT'S SO THAT I'M HERE TO SEE SO AND SO, AND I'M STANDING UP, I'M DANCING, I'M CHEERING, I'M NOT HAVING TO WORRY ABOUT SOMEONE THAT'S SITTING BEHIND ME OR SITTING NEXT TO ME OR ANYTHING LIKE THAT.
AND SO, UM, BUT AS DAVID MENTIONED, I THINK THERE'S, THERE'S DEFINITELY ENOUGH SPACE OUT THERE FOR US TO CONSIDER DIFFERENT OPTIONS.
MAYBE THE VIP AREA IS CURRENTLY LAID OUT, IT'S ACTUALLY TIERED ALREADY.
AND SO DO WE TAKE THAT BOTTOM TIER AND THAT'S JUST SEATING AND YOU'RE PAYING FOR A SEAT.
YOU DON'T NECESSARILY WANT, UM, TO BE BACK IN THE SOFA OR IN THE LOUNGE AREA, BUT YOU WANT A DESIGNATED SEAT.
AND SO IF THE, THE INFRASTRUCTURE IS ALREADY TIERED, ALLOWING US TO BE ABLE TO FACILITATE THAT, THAT'S SOMETHING THAT WE'RE INTERESTED IN.
I'D LIKE TO HAVE MORE INPUT AS AS WE GO ALONG, BUT I THINK WE'RE ON THE RIGHT TRACK.
SO WHEN YOU LOOK AT OUR THREE YEAR PLAN, THIS ACTUALLY STARTED BACK IN 2024 FOR US, UM, IN 25.
I COVERED THIS YESTERDAY AS FAR AS WHAT WE WERE LOOKING TO ACCOMPLISH IN 2025.
2025 HAD THE IMPACTS OF THE STORM FROM 2024.
AND SO WHILE WE WANTED TO, UM, INCREASE OUR NUMBER OF RESTAURANTS, WE DECIDED TO STAY AT 50.
KNOWING, KNOWING THAT RECRUITMENT WOULD BE A LITTLE BIT, A LITTLE BIT OF A CHALLENGE FOR US.
WE ALSO LOOKED AT THE PROGRAMMING AGAIN TO TARGET ALL OF OUR DEMOGRAPHICS.
WE WERE VERY COGNIZANT TO REDUCE SOME OF OUR EXPENSES.
WHEN WE DID THE RECAP IN 2024, THERE WERE A LOT OF FIRST TIME EXPENSES, UM, THAT YOU SAW IN THAT BOTTOM LINE.
UM, TO START A WINE GARDEN, TO START A SPEAKEASY, TO START CHOW HALL WITH THAT BIG EXPANSIVE TENT.
THOSE WERE ONE TIME FEES THAT WE HAD TO, UM, PAY OUT IN THAT FIRST YEAR.
UM, WE DIDN'T NECESSARILY PAY INTO THAT.
UM, AND SO THERE WERE SOME SAVINGS THAT WE REALIZED IN UM, 2025 THAT WE DIDN'T HAVE TO PAY FOR BECAUSE WE WEREN'T STARTING FROM SCRATCH NECESSARILY.
UM, FROM THE FINANCIAL UM, STANDPOINT, WE WANTED TO BE STRATEGIC WITH OUR PARTNERSHIPS.
SPONSORSHIP WAS IMPACTED WITH OUR GATE CHANGE.
AND SO WE ARE VERY, UM, COGNIZANT OF REDUCING THE TOWN INVESTMENT, UM, ON THAT LEVEL.
SO 2025 WAS ESSENTIALLY A REPEAT OF 2024 FOR US, GIVEN THE CHALLENGES THAT WE HAD IN 2024.
IN 2026, WHAT WE'RE LOOKING TO DO, UM, THE RESTAURANT COALITION HAS BEEN ESTABLISHED AND SO WE'RE LOOKING TO INCREASE OUR RESTAURANT PARTICIPATION AS WE LOOK TO CHANGE THE BEST OF OUR FORMAT.
WE'RE BEING VERY MINDFUL OF WHAT THAT NUMBER TRULY IS.
WE WANTED TO GET TO 50 THIS PAST YEAR.
WE DIDN'T QUITE HIT, IF YOU WILL.
AND SO WE'D LIKE TO BE UPWARD AROUND THAT 50 TO 60, UM, RESTAURANT RANGE FOR 2026.
WHEN WE LOOK AT WHAT THAT PROGRAMMING LOOKS LIKE, WE DO HAVE THE DATA THAT SHOWS THAT THE PROGRAM THAT WE'RE DOING TO DRIVE DAYTIME ATTENDANCE WAS IMPACTFUL.
AND WE DID IN FACT, UM, DO THAT.
NOW WE'RE STARTING TO LOOK AT WHAT THE FOOD FORMAT LOOKS LIKE, UM, AND WHAT WE'RE DOING ON THE GROUNDS WITH RESPECT TO OUR RESTAURANTS.
UM, WE'RE LOOKING TO CHANGE THAT FORMAT.
THE REALITY IS IS BACK IN 1993, WE WERE THE ONLY FOOD FESTIVAL IN TOWN.
FAST FORWARD TO 2025, THERE'S A FOOD FESTIVAL EVERYWHERE YOU TURN AROUND.
UM, AND SO THAT'S SOMETHING THAT WE HAVE TO BE VERY MINDFUL AS OF LIKE MICHAEL LOVE AS WE GO INTO THE PLAN OF FAITH.
EXACTLY WHAT Y'ALL SAID, THAT IT'S, LOOK, NOBODY EVEN WANTS TO PARTICIPATE.
WHY ARE WE DOING WHAT WE'RE DOING? AND SO WE DO FEEL LIKE WE, WE COULD CHANGE THE FORMAT OF HOW WE'RE DOING THAT.
WHAT THAT REQUIRES IS THE RESTAURANT BUY-IN FROM THAT.
UM, WHEN WE LOOK AT THAT, THAT DOES INCLUDE, OKAY, RESTAURANTS, YOU'RE GOING TO HAVE TO INVEST AND YOU'RE GONNA HAVE TO GET THAT.
WE TALK ABOUT BRINGING PEOPLE INTO THIS GAME.
WHEN WE TALK ABOUT GETTING PEOPLE INTO THE GATES, AND I THINK THE COMMENT WAS MADE, WELL, THEY NEED TO SPEND MONEY.
IT'S FINE THAT THEY'RE SPENDING MONEY, BUT IT DOESN'T HELP US IF WE'RE NOT GETTING ANY PORTION OF THAT.
AND SO THE EVENT FORMAT IS LOOKING TO BE IMPACTED AND WE'RE LOOKING TO MAKE THAT CHANGE.
WE HAVE A COALITION THAT IS ALREADY ON BOARD THAT'S RECOGNIZING, WOW, THE TOWN
[01:40:01]
IS A LOT TO INVEST AND THERE'S HARD DOLLARS THAT ARE ATTACHED TO THAT OUTSIDE OF WHAT YOU EVEN SEE HERE.THERE ARE THINGS THAT WE DO TO HELP ENTICE THE REST RESTAURANTS TO PARTICIPATE.
AT SOME POINT DURING THE EVOLUTION, IT WAS DECIDED THAT, YOU KNOW WHAT, IN AN EFFORT TO GET MORE RESTAURANTS TO PARTICIPATE, YOU DON'T HAVE TO PAY ANYTHING AND IT'S FREE.
AND SO NOW WE'RE COMING OUT OF THAT, BUT RESTAURANTS ARE STARTING TO SEE THE CHANGES THAT WE'VE MADE AND OKAY, YOU KNOW WHAT, WE PROBABLY NEED TO INVEST SOME ON OUR PART AS WELL, WHAT THAT LOOKS LIKE.
I DON'T HAVE THAT FLUSHED OUT, BUT KNOW THAT THE RESTAURANTS ARE STARTING TO TALK ABOUT THAT.
THE OTHER COMPONENT OF THAT IS THE BEVERAGE SIDE OF THINGS.
AS A FAVOR OR INVESTMENT TO OUR RESTAURANTS, EVERYONE IS ALLOWED TO COME OUT THERE AND JUST SELL WHATEVER THEY SELL AT THEIR RESTAURANT AS A RESULT.
I MENTIONED YESTERDAY WE HAVE TWO OF THE MAJOR DISTRIBUTORS FOR BEVERAGE ON THE GROUND.
WE WOULD LOVE TO KIND OF TAKE THAT AND THAT BACK IN, UM, AND TAKE POSSESSION OF THAT COMPONENT SO THAT WE ARE DRIVING REVENUE RIGHT NOW.
YOU SEE, YOU SAW THE GROSS SALES OF, OF BEVERAGES.
UM, IT WAS UNDER A HUNDRED THOUSAND.
UM, AND YET THE RESTAURANTS ARE DRIVING REVENUE THAT DOES INCLUDE BEVERAGES.
AND AGAIN, WE TAKE NO PERCENTAGE OF THAT.
AND SO THAT IS TAKEN INTO CONSIDERATION IN THIS UPCOMING YEAR WITH THE CHALLENGES THAT WE HAD AROUND TABC AND SOME OF THE RESTAURANTS BEING A LITTLE FEARFUL OF WHAT THAT MEANT TO THEIR BRICK AND MORTAR.
WE DO THINK THAT WE CAN START BROACHING THE SUBJECT FOR BEING VERY MINDFUL OF THE IMPACT ON THEM AND WHAT THAT LOOKS LIKE.
AND AGAIN, GETTING THEIR BUY-IN TO HELP US DRIVE WHAT THE PROCESS LOOKS LIKE.
KNOWING THAT THIS IS WHERE WE'D LIKE TO GO IN 2027, WE THINK THAT WE CAN GROW TO ABOUT 75, UM, RESTAURANTS.
WE WOULD EXPAND OUR DAYTIME PROGRAM TO INCLUDE SOME OF THE CURATED CHEF OPPORTUNITIES.
THOSE WERE VERY SUCCESSFUL WHEN FORK AND CORK WAS INTRODUCED.
THERE'S ALSO, UM, A, A GROUP OF PEOPLE THAT WOULD LIKE TO EXPERIENCE JUST THAT PIECE OF IT.
WHEN WE INTRODUCED THE CHOCOLATE AND WHISKEY PAIRING, UM, THAT WAS FULL AND THAT WAS LIMITED BY THE NUMBER OF SEATS THAT ARE HOSTED INSIDE OF THE STONE COTTAGE.
YOU CAN HAVE AN EVENT WITHIN AN EVENT AND YOU CAN PROVIDE THESE THINGS.
WE JUST CAN'T DO IT ALL IN ONE YEAR.
AND SO BY 2027 WE LOOK TO PROVIDE MORE OF THOSE MORE INTIMATE CURATED EXPERIENCES AND EVEN EXTEND JUST BEYOND THE FESTIVAL WEEKEND.
ONE OF THE THINGS THAT WE'RE COMMITTED TO WITH THE RESTAURANT SCENE, IT'S NOT JUST WHAT HAPPENS ON THAT SPECIFIC WEEKEND.
OUR GOAL WOULD BE THAT YOU HAVE A SUCCESSFUL WEEKEND, BUT THAT EXTENDS INTO THE REST OF THE YEAR THAT SOMEBODY CAME OUT MM-HMM
AND CAUGHT WIND OF WHATEVER IT IS YOU WERE DOING OR SOMEBODY HEARD ABOUT SOMETHING THAT YOU WERE DOING.
UM, ONE OF THE THINGS THAT WE TALK ABOUT, UM, HEAVILY ON OUR TEAM IS THE COMMUNITY SIDE OF IT.
THIS IS ONE OF THE BIGGEST COMMUNITY TYPE BASED EVENTS THAT WE DO BECAUSE OF THE NUMBER OF RESTAURANTS THAT WE CATER TO.
HOW DO WE INCLUDE, THERE ARE SOME RESTAURANTS THAT WE SAT ACROSS THE TABLE FROM AND SAID, JUST THE NATURE OF THE WAY I DO BUSINESS, I JUST WON'T EVER HAVE THE OPPORTUNITY TO BE A PART OF TASTE OUT ON THAT WEEKEND.
WE'VE ACTUALLY BEEN FORMULATING A PROGRAM THAT'S CALLED, IT'S MORE THAN A CUP.
IT WOULD BE A CUP THAT WOULD BE BRAND TO TASTE ADDISON.
IT WOULD BE AVAILABLE 30 DAYS, 45 DAYS PRE-EVENT.
THOSE RESTAURANTS THAT ACTUALLY COULDN'T COME OUT TO THE WEEKEND TO ACTUALLY PARTICIPATE WOULD HELP WITH THE MARKETING AND PROMOTION OF THE WEEKEND FESTIVAL ITSELF.
AND GUESS WHAT? IT GIVES THEM AN OPPORTUNITY TO BE A PART UNDER THE TASTE ADDISON UMBRELLA WITHOUT ACTUALLY HAVING TO BE ON THE FESTIVAL SITE.
ANOTHER OPPORTUNITY FOR US TO DRIVE REVENUE AS WE WOULD PROVIDE THE CUPS, WE WOULD PROVIDE THE BRANDING AND THEN A PORTION OF THEIR SALES FROM THOSE CUPS SPECIFIC TO THEIR RESTAURANT WOULD GO TO A CHARITY OF OUR CHOICE.
AND SO THERE ARE OTHER OPPORTUNITIES TO INVOLVE RESTAURANTS THAT DON'T JUST STAY WITHIN WHATEVER THAT WEEKEND LOOKS LIKE.
ONE OF THE THINGS THAT WE, UM, HAVE LEANED INTO AND RECEIVED A LOT OF, UM, POSITIVE FEEDBACK ON IS ACTUALLY MEETING RESTAURANTS WHERE THEY'RE AT.
IT'S NOT A COOKIE CUTTER SOLUTION THAT EVERY RESTAURANT'S GOING TO BE ABLE TO PARTICIPATE IN.
AND SO THAT'S WHERE WE ARE TRYING TO BE INNOVATIVE IN ONE.
HOW DO WE SUPPORT OUR RESTAURANT COMMUNITY WITH IT, WITH A VERY LEGENDARY EVENT, UM, AND STILL MOVE FORWARD AND CLOSE THE GAP THAT PRESENTED.
CAN I, CAN I, YOU MENTIONED THE CHOCOLATE AND TWIST PAIR.
AND THEN YOU MENTIONED THOSE THINGS FILL UP AND THEY'RE POPULAR, BUT YOU CAN'T DO MULTIPLE OF THOSE IN ANY ONE YEAR.
WELL YOU SAID YOU CAN'T DO MORE THAN ONE OF THOSE OR, AND I'M TRYING TO LET YOU FINISH BEFORE, BUT YOU SAID IN, IN ANY GIVEN FESTIVAL YOU CAN'T DO MORE THAN ONE OF THOSE.
IT WOULDN'T BE LOGISTICALLY POSSIBLE OR SOMETHING.
WHAT, WHAT DID I MISS THERE? SO, UH, I'M NOT A HUNDRED PERCENT SURE WHAT I CAN SAY.
[01:45:01]
SPACE IS.I THINK YOU WERE SAYING SPACE IS LIMITED THE IN THE COTTAGE.
SO ATTENDANCE FOR THAT AT WHICH THEY DID SELL OUT IS, IS LIMITED BY THE CAPACITY OF THAT.
HOWEVER, THERE ARE OPPORTUNITIES.
UM, AND I LOOK AROUND THE ROOM BECAUSE I HAVE, UM, I'M GUILTY OF USING EVERY SQUARE INCH THAT'S ON THE GROUND.
INCLUDING INCHES THAT NOBODY THOUGHT WE COULD USE.
AND SO THERE ARE OPPORTUNITIES TO HAVE MORE CURATED TYPE OF EXPERIENCES LIKE THAT.
THERE'S A COUPLE OF THINGS THAT HAVE TO HAPPEN CONTINUING TO, UM, WORK ON THE LAYOUT OF THE FESTIVAL SITE AND WHAT THAT LOOKS LIKE AND FINDING PARTNERS THAT ARE INTERESTED IN DOING THAT.
WE HAVE A PERFORMING ARTS CENTER SITTING THERE WITH MULTIPLE ROOMS INSIDE.
CAN WE NOT IT'S YOU, PARDON ME? IT'S FULL AND SO INSIDE THE THEATER.
I APOLOGIZE FOR INTERRUPTING YOU ON THAT.
I WOULD LOVE TO BE ABLE TO UTILIZE THAT, THAT SPACE.
BUT IF IT'S ALL BEING UTILIZED, IT'S COMPLETELY, EVEN THE UPSTAIRS, THE SEVEN, WE HAVE TO BE CAREFUL ABOUT THE UPSTAIRS BECAUSE OF A-D-A-A-D-A REQUIREMENT DOES REQUIRE THAT ANYTHING YOU PROVIDE UPSTAIRS HAS TO BE, UM, ACCESSIBLE.
WE DON'T CURRENTLY HAVE AN ELEVATOR IN THE SPACE.
WE HAVE TO BE VERY MINDFUL OF THE USE OF THAT SPACE.
WHEN WE LOOK AT THE FUTURE AND AS WE'RE DOING OUR PLANNING, UM, LOOKING AHEAD, I WANTED TO HIGHLIGHT ONE OF THE THINGS THAT WE'VE TALKED ABOUT EXTENSIVELY IS THE REVENUE STREAMS AND HOW AND WHY ARE WE NOT GENERATING THE REVENUE THAT WE NEED TO FOR COMPARISON.
I HAVE TO MOVE TOWN AND APP IN OCTOBERFEST UP THERE, UM, FOR YOU WITH SOME INFORMATION.
AND SO THESE ARE THE, THE, THE MAJOR REVENUE STREAMS THAT WE HAVE FOR EVERY SINGLE EVENT.
SPONSORSHIP IS AVAILABLE, UM, AT ALL THREE.
UM, ONE OF THE THINGS THAT I NOTE UNDER CASE IS THAT BECAUSE OF THE FORMAT CURRENTLY WE'RE NOT REALLY ELIGIBLE FOR A BEVERAGE SPONSOR.
THAT'S NOT TO SAY THAT SOMEONE WON'T COME IN AND DO IT IN 2024.
SCOUT AND CELLAR TALK ABOUT USING OUR NEIGHBORS SCOUT AND CELLAR.
I BELIEVE THEIR FOOTPRINT IS IN FARMER'S BRANCH IF IT'S NOT FARMER'S BRANCH.
FARMER'S BRANCH, UM, CAME IN AND SPONSORED THE WINE GARDEN, TOOK OVER THAT DID ALL OF THAT.
THEY DID NOT OPT TO RETURN IN 2025 PARTLY BECAUSE OF THE REDUCTION IN STAFF, BUT THEIR BIGGEST, UM, PIECE OF FEEDBACK THAT THEY GAVE TO US WAS HERE.
WE TOOK ON THIS ENTIRE SPACE AND YET THERE WERE PEOPLE SELLING WINE.
AND THAT'S JUST PART OF THE FORMAT THAT WE HAVE NOW.
WE WERE TRANSPARENT WHEN WE WENT INTO THE PROCESS.
IT'S JUST, IT'S NOT INDUSTRY STANDARD, IF YOU WILL, THAT IF I'M SPONSORING A WINE AREA THAT OTHER OPPORTUNITIES FOR WINE ARE GOING TO BE SOLD.
AND YET THAT'S JUST WHAT OUR FORMAT LOOKS LIKE RIGHT NOW.
AND SO BEVERAGES FOR OCTOBER FEST, WE DO HAVE A BEVERAGE SPONSOR.
UM, AND FOR KABOOM TOWN, WITH THE CHANGES THAT WE'VE MADE IN 24 AND 25, WE ARE ACTUALLY GOING INTO CONVERSATIONS WITH A BEVERAGE SPONSOR BECAUSE OF THE CHANGES THAT WE'VE MADE.
THE OPPORTUNITY CURRENTLY FOR TASTE JUST DOESN'T EXIST WITH OUR CURRENT FORMAT.
OF COURSE WE HAVE UM, ADMISSIONS AND AS WELL AS OUR TICKET TICKETED ITEMS, WHICH WE DO GENERATE REVENUE FROM THERE.
FOOD AND BEVERAGE, I KNOW THAT WE DON'T GET ANY REVENUE CURRENTLY FROM OUR ADDISON BASED, UH, RESTAURANTS.
YOU'LL SEE SOME OF THE FOOD AND BEVERAGE NUMBERS FROM THE OTHER TWO EVENTS AND THAT IS A 20% REV SHARE THAT WE DO.
UM, IN THE OTHER ONES, THE VENDOR BOOTH, WE HAVE RECONFIGURED THE LAYOUT AND ALLOWED TO INCREASE, UM, THE PARTICIPATION THERE.
SO YOU'VE SEEN THE REVENUE GROW IN THAT AREA AND THEN PURCHASE SOMETHING THAT WE'VE REALLY TAKEN ON.
WE'VE HAD A LOT OF SUCCESS WITH THE BUTTONS.
IF YOU'VE BEEN OUT AT OCTOBERFEST, YOU SEE THAT WE LAUNCHED IN CONJUNCTION WITH OUR ANNIVERSARY YEARS MERCHANT, BOTH OF THE EVENTS THAT DID FAIRLY WELL FOR A FIRST TIME LAUNCH.
WHEN WE LOOK AT OPPORTUNITIES BASED ON TASTE ALONE IN 2025, THE SLIDE HIGHLIGHTS WHAT I JUST TALKED ABOUT WITH REGARDS TO SPONSORSHIP AND FOOD AND BEVERAGE.
WE COULD PROBABLY GET ANYWHERE FROM 30 TO $50,000 DEPENDING ON WHAT THAT PARTNERSHIP LOOKS LIKE.
IS A BEVERAGE PROVIDER LOOKING TO DO BEER AND WINE AND SPIRITS? ARE THEY LOOKING TO JUST DO BEER AND WINE? ARE THEY LOOKING TO JUST DO SPIRITS RIGHT NOW THAT'S JUST KIND OF OPEN TO ANYONE THAT'S OUT THERE ON THE GROUND SELLING WITH THE EXCEPTION OF SPIRITS AROUND FOOD AND BEVERAGE.
UM, OUR GROSS SALES WAS 327,620 20% THAT WE WOULD'VE TAKEN.
AND YOU WOULD'VE SEEN THAT ADDED TO THE REVENUE LINE WOULD'VE BEEN ABOUT $65,000.
AND SO THAT, UM, YOU SEE THAT ON THE FOREGONE REVENUE SIDE.
UM, AND YOU SEE THE BREAKDOWN OF THE NUMBER OF RESTAURANTS VERSUS CONCESSIONAIRES THAT WE'VE HAD OVER THE YEARS.
ONE OF THE DIRECTIVES THAT WE WERE GIVEN IS WE NEED TO GO BACK TO ALL ADDISON BASED RESTAURANTS.
THE CHALLENGE WITH THAT IS OUR CURRENT FORMAT DOESN'T ALLOW US TO DRIVE ANY REVENUE FROM THAT.
SO THE NUMBERS I'M LOOKING AT UNDER THAT MIDDLE COLUMN, THE 25 SALES, THE 3 27 6 20 YES SIR.
[01:50:01]
OF NON ADDISON RESIDENT RESTAURANTS.THAT WAS FROM OUR ADDISON BASED RESTAURANT THAT WE TOOK NOTHING FROM.
SO WE, SO THEY DO HAVE TO REPORT THE NUMBERS.
AND THEY, YES, THEY, THEY REPORT JUST BECAUSE WE LIKE TO KNOW WHAT THE IMPACT ON THEM FOR THE WEEKEND IS.
THAT HELPS US WHEN WE'RE GOING OUT FOR RECRUITMENT PURPOSES TO SAY THE AVERAGE VENDOR GENERATED APPROXIMATELY, UM, IF YOU HAVE A BRAND NEW RESTAURANT, ASHA WAS ONE OF THEM THAT WE MET WITH BRAND NEW THIS YEAR.
AND SO IT'S HELPFUL TO PROVIDE THEM THIS DATA TO SHARE ON AVERAGE WHAT A RESTAURANT COULD MAKE.
DO WE HAVE YEAR OVER YEAR, JUST CURIOUS FOR, NOT EVERY YEAR, BUT FOR THE PAST TWO, THREE YEARS, WHAT THAT REVENUE LOOKED LIKE IN 24 AND 23 AND 22? YES, SIR.
IT'S ON YESTERDAY'S PRESENTATION, BUT I CAN CONFIRM THAT FOR YOU.
WHAT DO WE, WHAT DOES A BOOTH COST A RESTAURANT? NOTHING.
THEY PAY A $500 DEPOSIT AND THEY GET THAT DEPOSIT AT THE CONCLUSION OF THE EVENT PROVIDED THEY SHOW UP.
I THOUGHT WE, I THOUGHT WE CHARGED A FEE FOR HAVE A BOOTH.
I WAS GONNA SUGGEST WE GIVE 'EM A FREE BOOST AND TAKE 20%.
I WAS JUST SAYING, SO THAT'S A PERFORMANCE BASED FEE THAT WE YEAH, EXACTLY.
SO I'VE GOT A QUESTION ON THE, ON THE, AND THEY'RE STILL NOT DOING IT.
SO IF WE DO HAVE A BEVERAGE SPONSOR, THAT MEANS THAT ALL OF THE PARTICIPANT PARTICIPATING RESTAURANTS CANNOT SELL A SELL BEER AND WINE? NO.
THEY COULD SELL BEER AND WINE.
THEY WOULD BE REQUIRED TO, AND SO THE WAY TBC WORKS IS YOU CAN'T GO TO THE GROCERY STORE, BUY YOUR ALCOHOL, AND THEN COME AND SET UP AND SELL IT.
YOU ARE REQUIRED TO PURCHASE THROUGH A DISTRIBUTOR.
AND SO THE DISTRIBUTOR THAT WOULD BE ON SITE, UM, I'M JUST GONNA THROW OUT IF BENNY KEITH CAME IN WITH THE SPONSORSHIP, THEN THE PRODUCT WOULD BE PURCHASED FROM BENNY KEITH.
IF I DISTRIBUTE THROUGH ANDREWS OR THROUGH GLACIERS, UM, BENNY, KEITH'S NOT GONNA CARRY MY PRODUCT.
BUT I THINK PRACTICALLY THE RESTAURANTS REALLY LIKE THE SET UP THEY HAVE NOW.
SO TRYING TO, THEY, IF, IF WE DID THAT, THE END RESULT WOULD BE THEY WOULD STOP.
WELL, THERE WOULD BE MUCH LESS UNLESS THEY ALREADY GO THROUGH THE DISTRIBUTOR.
AND THEN THERE'S ALSO GO FOR IT.
THEY'RE ALSO, THEY'RE SHARING INPUT, WHICH YOU SHARE HEAVILY YESTERDAY.
THEY WOULD CONTRIBUTE MORE, UM, IF WE GOT MORE PEOPLE.
ABBY IS THAT NUMBER THAT I JUST WANNA MAKE SURE I'M UNDERSTANDING THAT CORRECTLY.
TOTAL GROSS SALES, FOOD AND BEVERAGE FOR EVERY VENDOR IS 327,000.
JUST THE ADDISON BASED RESTAURANTS.
THERE ARE, THERE ARE, I THINK IT'S THREE RESTAURANTS THAT HADN'T REPORTED SALES.
AND SO THAT'S MINUS THREE VENDORS THAT WE HAVE ON SITE.
THESE ARE JUST THE ADDISON BASE.
BUT ALL ADDISON BASE HAS REPORTED, UH, MINUS THREE.
SO HOW MANY OTHER VENDORS DO WE HAVE THEN, OTHER THAN ADDISON VENDORS? WE HAVE THE CONCESSIONAIRES THAT SELL, THAT ARE NON ADDISON BASED, AND WE TAKE 20% OF VENDOR SALES.
AND THAT WAS ONLY FIVE OR I VENDOR, I THINK THE REVENUE FROM THAT WAS ABOUT 32,000.
CINDY, YOU KIND OF COVERED THIS, BUT IF YOU'RE GONNA CHARGE FOR THE BOOTH, WE'LL MAKE 20%.
AND WE ONLY GOT 44 RESTAURANTS, 48, WHICH WE WANNA INCREASE THE RESTAURANTS TO 75, BUT WE THINK WE'RE GONNA GET PUSHBACK WHEN WE START AND GIVE UP 20%.
AND I'M THINKING, I, I DON'T KNOW HOW TO SOLVE IT.
I'M JUST SAYING I THINK THEY HAVE A PROBLEM.
SO THAT WAS, THAT'S A VERY GOOD SEGUE TO THE NEXT SLIDE BECAUSE THAT'S EXACTLY WHAT WE WANT TO SAY IS, HEY, IF WE WANT TO TAKE A MORE AGGRESSIVE APPROACH AND NOT SAY, HEY, WE'RE GONNA WAIT TILL 27 OR 28, BUT WE REALLY WANT TO TACKLE SOME OF THESE REVENUES.
AND IT'S A LOT OF WHAT WE TALKED ABOUT, AND NOW THEY CAN GO THROUGH IT.
BUT THE BACKDROPS EXACTLY WHAT YOU'RE SAYING OF IF WE'RE MORE AGGRESSIVE AND WE SAY WE WANT TO TAKE 20% OF YOUR GROSS, OR IF WE WANNA GO ALL THE WAY TO ALCOHOL, WE'LL PROBABLY, WHO KNOWS? BUT, WE'LL, IT'S POSSIBLE WE HAVE SOME ATTRITION IN THE RESTAURANTS AND WE'LL CERTAINLY HEAR SOME FEEDBACK, SOME FROM, FROM SOME OF THE RESTAURANTS.
SOME OF THE THOUGHT THAT ABBY'S HAD IS, WELL, LET'S WORK, LET'S HAVE, GIVE IT A COUPLE YEARS SO WE CAN GET THE BUY IN, GET THIS COALITION AND HAVE THEM BE MORE ON BOARD.
BUT WE CAN BE MORE AGGRESSIVE AND TRY TO SAY, HEY, GETTING THAT DOLLAR AMOUNT DOWN IS SUCH A PRIORITY PEOPLE HAVE, THAT'S JUST THE FACT THAT PEOPLE HAVE GOTTA GET ON BOARD WITH IT.
SO THAT'S THE CONVERSATION WE'RE TRYING TO HAVE.
YOU CAN'T GET 'EM OUT FOR FREE.
HOW WE GONNA CHARGE 'EM? SO I THINK THAT THAT'S WHERE THE RESTAURANT COALITION COMES INTO PLAY.
THE FEEDBACK THAT WE'VE RECEIVED FROM THEM IS THAT, HEY, MAYBE IT'S TIME WE START INVESTING IN THIS.
AND SO THE IDEA WOULD BE TO HELP THEM FORMULATE THAT WITH US, AS OPPOSED TO US SAYING, THAT'S IT.
UM, FROM SPONSORSHIP PERSPECTIVE, WE WOULD CONTINUE TO CULTIVATE THE PARTNERSHIPS.
THEY'RE ACTUALLY TIED TO THE EVENT.
UM, AGAIN, SPONSORS ARE LOOKING FOR THAT OPPORTUNITY FOR EXCLUSIVITY.
THEY'RE ALSO LOOKING FOR STABILITY AND CONSISTENCY.
UM, FROM AN ADDITION STANDPOINT, WE COULD INCREASE TICKET PRICES.
[01:55:01]
US TO GO FOCUS HEAVILY ON OUR PROGRAMMING AND WHAT WE'RE OFFERING.'CAUSE YOU ALSO, YOU HAVE TO BE ABLE TO JUSTIFY WHY THAT PRICE INCREASE COMES.
IF WE WERE TO INCREASE OUR TICKET PRICES FROM, FOR JUST $5.
UM, WE LOOK AT, UM, POSSIBLY AN ADDITIONAL A K THAT WE COULD GENERATE.
AND THAT'S CERTAINLY A, A TOPIC OF CONVERSATION WE KNEW THAT WAS COMING.
ONE OF THE THINGS THAT WE LIKE TO SAY ON OUR TEAM IS, EVERY TIME WE GO UP TO BAT, WE'RE NOT GONNA HIT A HOME RUN.
BUT IF WE WANNA SWING, WE'RE NEVER GONNA HIT A HOME RUN.
WE TOOK A CHANCE WITH VIP TICKETS AND WE, WE MODELED IT AFTER WHAT WE HAD STARTED TO SEE IN THE INDUSTRY AS FAR AS SELLING THE WEEKEND PASS.
WE DIDN'T SEE THE RESULTS THAT WE HAD HOPED THAT WE WOULD SEE.
SO WE'LL GO BACK TO THE CHANGING THE FORMAT BACK TO THE DAY SPECIFIC THAT IS SPECIFICALLY TIED TO THAT HEADLINER.
EVERY HEADLINER THAT COMES ON BOARD WITH US HAS THE MEET AND GREET OPPORTUNITY AS PART OF THEIR CONTRACT.
SO BUILDING OUT WHAT THAT LOOKS LIKE TO INCORPORATE WHAT THE ONSITE BENEFITS LOOK LIKE AS WELL, TO MAKE IT A LITTLE MORE LUCRATIVE.
THE NUMBER THAT YOU SEE WHERE THERE WOULD BE AN ESTIMATED 400% INCREASE IN SALES, THAT'S COMPARING IT TO 2024 WHEN WE DID, DID SELL DAY SPECIFIC, UM, V IP TICKETS.
SO THAT'S SOMETHING THAT WE'RE LOOKING AT.
WE'LL CONTINUE TO HONE IN ON THE PAID EXPERIENCES THAT ARE THOSE, UH, INTIMATE, UM, EXPERIENCES THAT PEOPLE ARE WILLING TO PAY FOR IN ADDITION TO THE ADMISSION PRICE THAT THEY PAY FOR THE FOOD.
OBVIOUSLY THE RUSH SHARE COMPONENT, THE FOOD FEE, FIGURING OUT WHAT THAT LOOKS LIKE AND BALANCING THAT WITH FEEDBACK THAT WE GET FROM OUR RESTAURANTS ON HOW DO WE CLOSE THAT GAP KNOWING THAT WE ARE PROVIDING SUCH A LARGE INVESTMENT ON OUR CARD.
AND THEN ONE OF THE LAST THINGS WOULD BE BEVERAGES.
THAT IS, THAT WILL BE PROBABLY OUR BIGGEST CHALLENGE AS WE TALK ABOUT ALL OF THE THINGS THAT WE WOULD LOOK TO CHANGE WITH REGARDS TO FORMAT.
AND SO IT IS LISTED LAST, DAVID TALKED ABOUT THE PHASE APPROACH REALLY STICKS TO THE BUDGET AND WHAT WE OUTLINED FOR WHAT WE'RE LOOKING TO KIND OF IMPLEMENT IN 2026.
YOU SEE WHERE THE FOOD REP SHARE AND THE BEVERAGES ARE GRAYED OUT.
IT DOESN'T MEAN THAT IT CAN'T HAPPEN, OR SOME FORM OF THAT COULDN'T HAPPEN IN 2026.
I PROVIDED THE FEEDBACK FROM THE RESTAURANTS SO THAT YOU WOULD KNOW THAT WE'RE HAVING THOSE CONVERSATIONS.
IT MAY HAPPEN OR SOME COMPONENT MAY HAPPEN.
THE REALITY IS, IS WE'RE NOT GETTING ANYTHING RIGHT NOW.
SO IF WE WERE TO TAKE A LITTLE BIT, WHETHER IT WAS A BOOST FEED OR A PERCENTAGE, UM, WE WOULD BE GETTING, WE WOULD AT LEAST BE GOING IN THE RIGHT ION.
THE OTHER, UM, THOUGHT IS THAT WE COULD TAKE A MORE AGGRESSIVE APPROACH WHERE THOSE ARE THE REVENUE STRAINS.
I HIGHLIGHT BEVERAGES BECAUSE IN 2026, IT'S NOT SOMETHING THAT WOULD BE REALISTIC FOR US TO DO WITH REGARDS TO, UM, OUR CORE BASE OF RESTAURANTS.
AND SO I HIGHLIGHT THAT SAYING, OKAY, WELL WE COULD DO ALL OF THESE.
AND AGAIN, THERE ARE RISKS INVOLVED WITH ALL OF 'EM.
AND WE TALKED ABOUT THE ATTRITION OF THE RESTAURANT PARTICIPATION, UM, AND WHAT THAT LOOKS LIKE.
AND I TELL THE STORY OF, OF GOING FROM 23 TO 24, WE POUNDED THE PAVEMENT AND WE SAT ACROSS THE TABLE AND HAD SOME HARD CONVERSATIONS ABOUT ALL THE THINGS THAT THEY DIDN'T FEEL THAT WE WERE DOING.
IT ALSO GAVE US US THE OPPORTUNITY TO SAY, BUT HERE ARE THE THING.
HERE ARE THE THINGS THAT WE ARE, WE TAKE FOR GRANTED THAT THERE'S A TEMP THAT'S PUT UP THAT YOU POP UP UNDER.
THAT'S NOT TO TAKE AWAY THE LABOR AND THE FOOD AND THE COSTS THAT COME WITH DOING BUSINESS, BUT YOU ALSO WALK AWAY WITH 100% OF THAT.
AND SO IT GAVE US AN OPPORTUNITY TO EDUCATE THEM ON WHAT THAT PROCESS LOOKS LIKE.
NUMEROUS TIMES I SAT ACROSS THE TABLE FROM PEOPLE THAT HAVE SAID, PEOPLE SAID THAT THEY DON'T PARTICIPATE IN TASTE BECAUSE IT COSTS TOO MUCH.
HOW MUCH DOES IT COST FOR A RESTAURANT TO PARTICIPATE? AND I SAY NOTHING.
AND SO THERE'S A COST OF DOING BUSINESS, BUT YOU'RE ALSO REAPING THE BENEFITS AT A HUNDRED PERCENT FOR THAT.
AND SO THERE HAVE BEEN SOME HARD CONVERSATIONS THAT HAVE HAPPENED OVER THE LAST COUPLE OF YEARS, BUT THERE IS A RISK THAT THAT CAN HAPPEN.
THE HEADLINER PROGRAMMING, THERE'S NOT A MAGIC.
AND IT'S NOT JUST AS, AS BLACK AND WHITE AS I WOULD LOVE FOR IT TO BE.
UM, THERE ARE CAVEATS TO THAT.
WHO'S TOURING, WHO'S, WHO'S DOING A PRIVATE EVENT? WHAT DOES THAT LOOK LIKE? AND SO THOSE ARE, THAT'S ANOTHER RISK THAT WE LOOK AT WHEN WE START TO, TO JUST DRASTICALLY CHANGE WHAT WE'VE BEEN DOING.
AND THEN WE LOOK AT THE BRAND IDENTITY.
I THINK THAT, UM, A PART OF, I WORK VERY CLOSELY WITH MARY AND I FOLLOW THE BRANDING GUIDELINES, AND WHEN YOU START TO OPEN UP AND YOU START TO DO THINGS LIKE THAT, YOU DO HAVE TO STOP AND PAUSE AND THINK ABOUT WHAT THAT DOES TO OUR BRAND IDENTITY.
AND SO NOT SAYING THAT THERE'S A RIGHT OR WRONG WAY TO DO THAT, JUST SAYING THAT THAT IS TAKEN INTO CONSIDERATION, UM, AS WE'RE PLANNING AS WELL.
I, BECAUSE I CAME BACK IN THE BATHROOM.
THE, UM, ADMISSIONS, THE INCREASE IN ADMISSIONS, BACK TO WHAT I WAS ASKING IS THAT'S DESTROYED ACROSS THE BOARD, WHETHER YOU'RE AN ADDISON RESIDENT OR ANOTHER NEIGHBORING CITIES RESIDENT THAT SPREAD ACROSS, HAVE WE LOOKED AT SCALING IT? OKAY.
AND SO ADDISON RESIDENTS RECEIVE 50% OFF ADMISSION, UM, WITH THE
[02:00:01]
EXCEPTION OF KABOOM, WHERE ADMISSION IS FREE.AND SO WE CURRENTLY OFFER HALF OFF ADMISSION FOR ADDISON RESIDENTS ALREADY.
AND THEN WE ALSO OFFER A COUPLE OF OTHER TIERS.
YOU KNOW, AFTER 24, WE DIDN'T FEEL LIKE WE HAD ENOUGH CREDIBILITY, IF YOU WILL, TO PROVIDE A WEEKEND, THREE DAY PASS IN 2025.
WE SOLD A THREE DAY WEEKEND PASS AND IT, IT WAS INCREDIBLY SUCCESSFUL.
AND SO LOOKING AT OTHER OPPORTUNITIES, WE ALSO OFFER, OFFER, OFFER A GROUP RATE TICKET.
AND SO FOR BUSINESSES THAT MIGHT HAVE 20 OR MORE, THAT MIGHT BE BASED OUT IN PLANO OR FRISCO, IF YOU WANNA POST YOUR COMPANY OUT AND UM, BUY GROUP TICKETS, THERE'S A REDUCED RATE ON THAT.
SO THERE'S A COUPLE OF OPTIONS FOR ADMISSION TICKET PRICING.
AND ANOTHER QUESTION THAT LEADS INTO JUST FROM VISUALLY WATCHING, WHEN, WHEN THERE'S CERTAIN RESTAURANTS THAT ARE DOING BETTER THAN OTHER RESTAURANTS MM-HMM
AND THERE'S LINES AND THEY'RE 10 DEEP, 20 DEEP, 30 DEEP, KNOWING WE'RE NOT REVENUE SHARING WITH THOSE RESTAURANTS.
WHAT IF YOU WERE TO BUY A WRISTBAND AS A PART OF YOUR ENTRANCE WITH YOUR TICKET AND YOURS, YOU'RE TAKING A RESTAURANT, PUT A STANCHION UP, AND IF YOU'RE TO THE RIGHT AND YOU HAVE YOUR WRISTBAND ON, YOU'RE GONNA GET BETTER ACCESS TO FASTER SERVICE FOR DRINK OR FOOD.
AND THEN IF YOU'RE NOT, YOU'RE JUST GENERAL PUBLIC, I BOUGHT BY LITTLE $8 TICKET, YOU'RE GONNA GET IN LINE WITH THE 30 PEOPLE DEEP VERSUS THREE PEOPLE DEEP, LIKE A SPEED PASS OF DISNEYLAND.
WE ACTUALLY PLAN FIVE YEARS OUT, NOT THREE FOR PURPOSE OF TIME.
UM, I SHORTENED IT AND CONDENSED IT TO THREE YEARS.
UM, SOME OF WHAT I SHARED IS THAT WE ULTIMATELY WOULD LIKE TO GET TO A POINT WHERE WE ARE SO UNIQUE WITH REGARDS TO WHAT WE'RE OFFERING.
AT THE END OF THE DAY, WE'RE A FOOD AND MUSIC FESTIVAL.
EVERYBODY IN AND AROUND METROPLEX IS OFFERING SOME COMPONENT OF THAT.
AND SO ONE OF THE UNIQUE FEATURES THAT WE HAVE IS THAT WE HAVE AS MANY RESTAURANTS AS WE DO WHEN WE GET TO 75 RESTAURANTS.
IDEALLY WE WOULD LIKE TO BE AT A POINT 28 OR 29 WHERE YOU PAY ONE ADMISSION PRICE.
AND WHAT THAT GIVES YOU IS THE CHOW HALL PASSED IN ITS FIRST YEAR, GENERATED $10,000 IN REVENUE, AND THAT WAS ONE YEAR OUT OF THE GATE.
WE DID GO TO THE PARTICIPATING RESTAURANTS AND NEGOTIATED WITH THEM TO SAY, OKAY, TAKE A CHANCE OFF, TAKE A CHANCE WITH US AND LET'S SEE WHAT THAT LOOKS LIKE.
WHAT WE'VE HEARD THE FEEDBACK ON THE CHOW HALL IS, IS THAT THIS ACTUALLY SOLVES A LOT OF THE PROBLEMS THAT THE RESTAURANTS ARE FACING.
NUMBER ONE, IT IT REQUIRES THEM TO PICK ONE SIGNATURE ITEM AND THIS IS WHAT WE WANT THEM TO DO.
I DON'T WANT SOMEBODY TO COME UP TO YOUR BOOTH BECAUSE YOU'VE GOT CHEAP BEER.
I WANT 'EM TO COME UP BECAUSE IT'S YOUR SIGNATURE ITEM THAT YOU ARE KNOWN FOR.
WHAT YOU DO IS YOU OFFER A TASTE BITE AND YOU HAVE THE OPPORTUNITY TO SELL A FULL SIZE PORTION OF THAT.
WHAT RESTAURANTS HAVE COME BACK AND SAID TO US IN OUR FIRST YEAR, WE HAD TO BEG PEOPLE TO BE A PART OF IT IN OUR SECOND YEAR, WHAT THEY SAID IS, ACTUALLY, YOU KNOW WHAT THIS DOES, THIS SOLVES MY STAFFING ISSUE.
I HAVE ONE FOOD PRODUCT ITEM AND I CAN MAN IT WITH TWO STAFF MEMBERS AND I CAN STILL KEEP MY BRICK AND MORTAR OPEN.
28 AND 29, THE DIFFERENTIATOR FOR US AND ALL OF THE OTHER FESTIVALS AROUND HOW MANY FESTIVALS DO YOU GO INTO WHEN YOU GET NICKEL AND NINE, WE WOULD ELEVATE THE ADMISSION PRICE TO ACCOUNT FOR X NUMBER OF CASE BITES.
FOR THE PURPOSE OF THIS, I'M GONNA SAY 10, YOU WOULD PAY AN ADMISSION PRICE.
YOU WOULD, AS PART OF THAT ADMISSION, YOU WOULD GET 10 TASTE BITES.
BUT THE SUCCESS THAT WE HAD WITH CHOW HALL PASS IN OUR FIRST YEAR, THEN WHAT YOU WOULD DO IS IF YOU WANTED ADDITIONAL TASTE BITES OR YOU WANTED TO TRY SOMETHING OUTSIDE OF YOUR TENT, YOU WOULD PURCHASE A CHOW HALL PASS.
THE TOWN ACTUALLY IMPLEMENTED THE SALES OF THEHOW HALL PASS.
THAT WAS NOT DONE THROUGH THE RESTAURANTS OR ANYTHING LIKE THAT.
SO THERE'S BACKEND STUFF THAT HAS TO HAPPEN WITH THE RESTAURANT THAT'S ACTUALLY REVENUE THAT HIT OUR BOOKS IN 2020.
AND SO TO ANSWER YOUR QUESTION, YES, IT'S PROBABLY, IT'S PART OF OUR FIVE YEAR PLAN.
COULD YOU JUST SKIP TO THE NEXT SLIDE? YEAH.
SO THIS IS JUST, THIS IS ESSENTIALLY IF WE TOOK THE MORE AGGRESSIVE APPROACH THAT INCREASING THE EMISSIONS, LIKE WAS MENTIONED YESTERDAY AND AS REFLECTED IN THE SLIDE THAT'S SAYING WE'RE GONNA TAKE A PERCENTAGE FROM THE RESTAURANTS ON THEIR FOOD THAT'S TRYING TO DO MORE, IT'S SPONSORSHIPS, HOPEFULLY MORE, YOU KNOW, AS, AS WE CONTINUE WITH THAT, EVERYTHING THAT WAS LISTED BY ABBY THERE, LOOKING AT THE VIP HAVING A DIFFERENT SEATING PRIORITY, UM, ALL BUILT IN.
AND WITH THAT AGGRESSIVE APPROACH, WE CAN, YOU KNOW, AND WE FEEL LIKE THAT'S SOMETHING WE CAN DO NEXT YEAR.
AND THAT THE RISK ABBY LAID OUT AS SHE WENT THROUGH IT, IT KIND OF, HERE'S THE RISK IF YOU DO THAT, YOU KNOW, HERE'S WHAT IT LOOKS LIKE FROM A NET INVESTMENT, FROM A SUBSIDY LEVEL.
I THINK AS YOU MOVE FORWARD, IF YOU TOOK THIS APPROACH, YOU'RE STILL MEAT ON THE BONE.
OBVIOUSLY ALCOHOL BEING A BIG ONE, AS WE LOOK AT 27, 28, THAT'S SOMETHING WE COULD REALLY TRY TO TACKLE THAT, THAT WOULD BE ANOTHER REVENUE STREAM.
WHEN YOU HEARD ABBY'S SUCH THESE GREAT IDEAS FOR THE FUTURE, THOSE ARE THINGS THAT COULD HELP IMPROVE AS WELL.
SO WHAT WE REALLY NEED TO HEAR, AND IF THE CONVERSATION STARTED, IT'S BEEN A REALLY GOOD CONVERSATION.
WHAT WE NEED TO HEAR FROM COUNCIL IS WE FEEL LIKE THIS IS AN AGGRESSIVE APPROACH, IS SOMETHING WE CAN DO IS THIS POWERFUL? YOU'RE HEARING THE VISION, YOU'RE HEARING, LIKE, HERE'S WHERE WE COULD GO, BUT WE, I THINK THIS IS A, A
[02:05:01]
GOOD TIME TO HAVE SOME OF THAT CONVERSATION.DOES THIS INCLUDE LIKE, UH, BEVERAGE SPONSORSHIP, AGGRESSIVE BUDGET DOESN'T? NO.
BECAUSE THAT'S HOW, AND WE LOOK AND ABBY, ABBY SAID WE, WE COULD TAKE A MORE AGGRESSIVE APPROACH AND WE COULD SAY WE WANT TO DO THE ALCOHOL, THE BEVERAGE RIGHT AWAY THAT IS GONNA HAVE BIG RIPPLE EFFECTS ON THE RESTAURANT.
SO WHAT IF WE, WHAT IF WE TOOK AN AGGRESSIVE APPROACH AND TRIED TO GET A ONE MAIN BEVERAGE AND A SPONSOR, RIGHT? SO THEY WOULD, THEY WOULD HAVE EXCLUSIVE AND THEN THEY WOULD HAVE SOME SPONSORSHIP.
UH, BUT WHAT IF WE, WHAT IF WE, UH, REDUCE THE, THE CUT FROM 20% ON FOOD AND NOTHING ON ALCOHOL, OUR BEVERAGES TO ABOUT 10% ON FOOD AND BEVERAGE.
WOULD, IS THAT SOMETHING THAT, THAT WE COULD PULL OFF? WE'VE EVEN TALKED ABOUT, UM, WE'VE TALKED ABOUT IF, IF WE DO THIS AND WE PULL ALCOHOL, WE STILL GIVE THE RESTAURANTS THE OPPORTUNITY TO DO AS THEY WANT TO DO.
HOWEVER THEY WOULD BE REQUIRED.
IF YOU'RE GONNA SAY, OKAY, FINE, I'M GONNA PLAY RIDE, I'M GONNA DO THIS AS A PART OF OUR PHASED APPROACH, FINE, WE'RE GONNA JUST DO WHAT YOU, WHAT YOU TELL US TO DO.
IF WE HAVE RESTAURANTS THAT ARE LIKE, I'M NOT PARTICIPATING.
IF WE CAN'T DO THIS, THE OPPORTUNITY TO STILL SELL YOUR BEVERAGE WOULD BE PROVIDED.
HOWEVER YOU WOULD PAY A PERCENTAGE BACK TO HOW, WHAT DOES THAT MEAN? YOU WOULD PAY A, WHAT DOES THAT MEAN? SO IF YOU DECIDED, LOOK, I KNOW BUDDY
I JUST WANNA SELL MY ALCOHOL AND I WANT TO DO IT.
AND I WILL, WE WILL, I WILL WORK TO HAVE MY DISTRIBUTOR, UM, FIGURE OUT HOW I'M GOING TO GET PRODUCT ALL WEEKEND.
YOU WOULD BE REQUIRED TO GIVE THIS 20% OF YOUR ALCOHOL SKILLS BY NOT PARTICIPATING WITH THE VENDOR THAT'S ON SITE WITH PENNY KEITH.
RIGHT? SO IT WOULD BE A HYBRID IF YOU'LL THAT DOESN'T SOUND BAD.
THERE IS NO NEGATIVE HERE WITH OUR STAFF.
STAFF HAS BEAT THE BUSHES AND THEY HAVE WORKED THEIR TAILS OFF ON THIS.
I, WE'VE BEGGED, WE'VE PLEADED, WE, AND WE DON'T CHARGE ANYTHING.
HOW DO YOU INCENTIVIZE SOMEBODY THAT DOESN'T WANT TO DO IT FOR FREE TO DO IT FOR 20%? OUR STAFF HAS DONE EVERYTHING THEY POSSIBLY, APPARENTLY EVERYTHING THEY CAN POSSIBLY DO.
YOU THINK OUR RESTAURANTS ARE JUST SAYING THEY'RE, THIS IS NOT A BENEFIT TO US ANYMORE.
SO HOW DO YOU INCENTIVIZE SOMEBODY TO PAY YOU 20% WHEN YOU CAN INCENTIVIZE 'EM TO DO IT FOR FREE? YOU HAVE TO HAVE PROVEN PERFORMANCE, A TRACK RECORD.
WE'RE, WE'RE NOT GONNA GET, WE'RE WE'RE NEVER GONNA GET.
SO DEFINITION OF INSANITY IS DOING THE SAME THING OVER, BUT WE'RE, BUT WE'RE NOT DOING THE SAME THING OVER AND OVER AGAIN.
THAT'S THE WHOLE, I'M LOOKING HERE, WE LOST 2.7 MILLION IN THE LAST FOUR YEARS.
RANDY, YOU JUST LISTENED TO HER.
SHE'S NOT DOING THE SAME THING OVER AND OVER AGAIN.
HOW MANY TIMES HAVE WE EVER BROKE EVEN ON TASTING? IT'S NEVER BEEN THE GOAL.
HOW, HOW OFTEN HAVE WE GOTTEN CLOSE? IT'S NEVER BEEN THE GOAL.
I SURE IS, BUT I, I, I, HERE'S THE CHALLENGE, RIGHT? AND, AND I SAID THAT ONE BEFORE YOU, YOU'VE GOT RESTAURANTS THAT DON'T REALLY WANT TO PARTICIPATE.
THE, THE COALITION IS A FANTASTIC IDEA, BUT IT DOESN'T SOUND TO ME THE RESTAURANTS WANT TO PARTICIPATE.
I THINK IF YOU CAN GET BACK TO WHERE YOU HAVE 60, 70 RESTAURANTS, I KNOW I SIGNED A BROKEN RECORD, BUT MY FAVORITE THING USED TO BE TO GO TO CHAMBERLAINS WHEN I COULDN'T AFFORD TO EAT AT CHAMBERLAINS AND HAVE THAT $5 PORK CHOP.
RIGHT? THAT'S WHAT GOT ME THERE.
WE PROBABLY TOOK THE GIRLS TO THE CARNIVAL, BUT IF THE RESTAURANTS DON'T WANT TO PARTICIPATE, WE CAN'T GROW THAT SIDE OF IT.
AND THEN, AND IF WE'RE SAYING LET'S GET BETTER ENTERTAINMENT, THAT'S ONLY GONNA INCREASE THE COST.
THE FIVE YEAR PLAN, IT MAKES SENSE ON PAPER, BUT IT DOESN'T SEEM LIKE TO ME, EVEN IF WE TRIPLED ATTENDANCE, WE'RE GONNA FIND A WAY TO GET MORE PEOPLE.
WHATEVER THE REVENUE WAS LAST YEAR DIDN'T REALLY MAKE A DENT IN THE LOSS.
SOMETHING THAT YOU SAID IS, IS REALLY HIT HOME WITH ME THAT WHEN THE, WHEN THIS THING FIRST STARTED, THERE WEREN'T ANY FOOD FESTIVALS.
RIGHT? SO IT WAS EASY TO GET 40 OR 50,000 PEOPLE THERE.
SO MAYBE THE IDEA OF TRYING TO GROW ATTENDANCE AND GROW REVENUE, IT JUST WON'T HAPPEN BECAUSE THE METRO HAS GROWN BECAUSE WE'RE COMPETING WITH SO MANY DIFFERENT THINGS THAT THAT'S WHAT, THAT'S WHERE MY HEAD IS.
LET ME SAY JUST ONE MORE THING.
HOWARD DID SAY SOMETHING THAT LIKE REALLY MADE SENSE TO ME.
LIKE THE WHOLE IDEA OF, YOU KNOW, A A RESTAURANT WEEK,
[02:10:01]
MAYBE THERE'S A WAY THAT, YOU KNOW, IT'S SATURDAY, SATURDAY AND ONE SATURDAY YOU SHUT DOWN BELT LINE FROM QUORUM TO THE TOLLWAY AND YOU ALLOW PEOPLE TO GO TO THOSE RESTAURANTS.THEY HAVE A SPECIAL MENU, THEY CAN COME OUTSIDE WITH A COCKTAIL AND YOU PUT A BAND RIGHT THERE, IT'S WALKABLE FROM THE CIRCLE.
AND THEN MAYBE THE FOLLOWING SATURDAY YOU PUT A BAND SOMEWHERE IN THE PARKING LOT AT, UM, AT, UH, VILLAGE ON THE PARKWAY.
WE'RE NOT SPENDING THE MILLION DOLLARS ON THE INFRASTRUCTURE.
WE CAN STILL HAVE SOME, YOU KNOW, QUALITY ENTERTAINMENT.
AND THAT'S THE IDEA IS YOU'RE FOCUSING ON ALL OF THOSE RESTAURANTS THAT ARE RIGHT THERE.
IF YOU, IF YOU'RE NOT ON BELT LINE OR IF YOU'RE NOT ON AT IT, BUILD ON THE PARKWAY, WE'LL MAKE SOME ROOM FOR A BOOTH.
BUT I I'M JUST SAYING MAYBE IT'S TIME TO THINK OUTSIDE THE BOX.
LIKE THERE'S DEFINITELY SOME VALUE IN TRYING TO CONTINUE AND, AND GROW THE MOMENTUM, BUT I, I DON'T SEE, EVEN IF WE GREW THE MOMENTUM WHERE WE'D BE ABLE TO MAKE A DIFFERENCE WHERE WE WANT TO BE, AND I'M SORRY, I, I I'M TRYING TO BE RESPECTFUL PEOPLE.
CAN I MAKE A COMMENT AGAIN? I'D LIKE TO, I'D LIKE FOR US TO BE ABLE TO MOVE ON AT SOME POINT.
THIS, I KNOW, I KNOW THIS HAS BEEN A LONG CONVERSATION.
I UNDERSTAND THAT EVERYBODY'S GOT A DIFFERENT OPINION AND POSITION ON THIS.
UM, I MEAN, I STILL LOOK AT THIS AS A REALLY IMPORTANT PART, AND I'LL SAY IT AGAIN, OF OUR BRAND AND BRANDING IS IMPORTANT.
ADDISON IS THE RESTAURANT CAPITAL OF NORTH TEXAS.
WE HAVE MORE PER CAPITA THAN ANY CITY IN, IN COUNTRY.
AND FOR US TO NOT CELEBRATE THAT IN, IN A BIG WAY.
AND, AND I DON'T REALLY UNDERSTAND HOW YOU CLOSE DOWN BELT LINE.
THAT'S INTERESTING CONCEPT TO ME.
BUT, UM, I THINK IT WOULD WORK WHAT I THINK IT WOULD WORK.
UH, BUT DOES TO US NOT TO CELEBRATE IT IN A BIG WAY AND TO DO EVERYTHING WE CAN AND TO CONTINUE TO GROW IT AND IMPROVE ON IT WITH THE, YOU KNOW, WITH, WITH PLANNING.
AND AGAIN, WE'RE NOT DOING THE SAME THING OVER AND OVER AGAIN.
WE'RE DOING THINGS TRYING TO FIGURE OUT, WE'RE TAKING SOME SWINGS, SOME THINGS ARE GONNA WORK, SOME THINGS ARE NOT GONNA WORK.
BUT ADDISON IS A SMALL FOUR AND A HALF SQUARE MILE TOWN.
AND THIS IS ONE OF THE THINGS THAT WE'RE KNOWN.
WE'RE KNOWN FOR OUR BIG THREE EVENTS.
AND YOU TAKE ONE THIRD OF THAT AWAY.
IT'S JUST THEN FOR THE FIRST HALF OF THE YEAR WE'RE WE, WE CAN EASILY BE FORGOTTEN AND BECOME IRRELEVANT.
I'M NOT SAYING WE END IT, I'M SAYING WE JUST MAYBE REVAMP IT OR REINVENT FOR ANOTHER FESTIVAL.
CAN I JUST ASK A QUESTION? WHEN IT WAS MORE SUCCESSFUL IN THE PAST, DID WE HAVE NAME BRAND BANDS? YES, SIR.
I THINK WE HAVE A LOT OF COMPETITION NOW.
I THINK THAT'S, THAT'S THE FACT.
I DON'T THINK WE HAD IT BEFORE.
IT WAS SO MUCH TO DO ALL THE TIME.
WE, LA TWO, TWO YEARS AGO, WE WAS UP AGAINST THE LIVE, UH, YOU KNOW, TERM GOING ON.
SO I THINK, I THINK THE RESTAURANT COALITION IS REALLY IMPORTANT.
AND I THINK AS THAT GROWS AND YOU HAVE TO NURTURE THAT AND THERE'S, THERE'S MORE INPUT AND THERE'S MORE, UH, THEN YOU CAN LISTEN TO THE CUSTOMER FOR WHAT THEY WANT.
BUT YOU HAVE TO PROVE THE TRACK RECORD.
AND WE'VE HAD SO MUCH CHANGE SINCE 2019, UM, BEFORE THAT MESSING IT UP BY CALLING IT FORK IN THE CORK OR SOMEBODY TRIED THAT.
SOMEBODY TRIED WHAT A DIFFERENT FORMAT LIKE YOU'RE TALKING ABOUT.
THEY TRIED SOMETHING DIFFERENT.
SO I THINK IF WE DON'T LET IT GO AT LEAST THREE MORE YEARS OF A PLAN AND WHAT THE EXPECTED RESULTS ARE, I THINK WE'RE KIND OF THROWING AWAY THE LAST FIVE YEARS MM-HMM
OR ALL THE YEARS THAT WE'VE WASTED THE 2 MILLION.
I THINK WE'RE JUST GONNA SAY, OKAY, FLUSH DIDN'T WORK.
BUT NOW WE'VE GOT A, WE'VE GOT A VISION AND I WANNA SEE WHAT RESULTS WE EXPECT AND HOW WE MEASURE UP TO IT.
THAT'S, THAT'S THE BIG THING I'VE BEEN PREACHING ABOUT FOR THE YEARS I'VE BEEN ON COUNCIL.
AND, UM, BUT I THINK WE HAVE TO HAVE PROVEN PERFORMANCE.
THE RESTAURANTS THE CUSTOMER DON'T WANT DOESN'T WANNA BE THERE.
'CAUSE THEY SIMPLY DON'T SEE THE VALUE.
THEY DON'T SEE THE RETURN FOR THEIR, THEIR EFFORT, THEIR VALUE.
YOU CAN'T, IF YOU CAN'T GIVE SOMETHING AWAY, THAT'S A REALLY BIG PROBLEM.
SO YOU HAVE, AND AND ALSO THEY HAVE NO SKIN IN THE GAME.
I THINK THEY, WE SHOULD TAKE A REV SHARE OUT OF THE GATE.
UM, AND THE RESTAURANT COALITION CAN HAVE SOME INPUT ONCE THEY GET ENOUGH PARTICIPATION.
YOU CAN'T HAVE THOSE, YOU KNOW, SEVEN RESTAURANTS MAYBE BE THE WHOLE VOICE, LIKE THE, THE HOTEL ASSOCIATION THAT'S, UH, ADMINISTERING THE, THE, UH, TAX THAT WE'RE PUTTING ON THEM.
I THINK THAT'S, THAT'S, THEY GET TO SAY WHAT THIS THING LOOKS LIKE.
I THINK THAT'S WHAT I, THAT'S WHAT I'D LIKE TO SEE.
I'M NOT IN FAVOR OF, OF CAN THIS THING JUST YET.
WE WA WE TRACK RESULTS AND IF WE DON'T HIT THE RESULTS EITHER, I'M ALL FOR THE INVESTMENT.
I MEAN, I THINK IT, IT IS WORTH IT, BUT WE GOTTA HAVE THE RESULTS.
AND YOU KNOW, IF WE LOSE 500,000, 700,000,
[02:15:01]
BUT THAT WAS THE INTENT, THE TARGET, AND WE GET THE RESULTS, THEN THAT'S PART OF THE INVESTMENT.IT'S, IT IS A HUGE MARKETING IDENTITY THING FOR ADS.
AND THAT'S, THAT'S MY, THAT'S MY PIECE.
YOU KNOW, YOU JUST JOGGED MY MEMORY ABOUT, UM, SO WE JUST CAME OUT OF COVID, RIGHT? AND, AND, UH, A LOT OF THESE RESTAURANTS HAD TO MAKE SOME DIFFICULT DECISIONS AND CUT BACK THEIR STAFFING.
AND THEN, SO WE'RE TRYING TO BRING THE EVENT BACK.
AND STAFFING WAS ALSO A CHALLENGE.
BUT IT, IT'S A CONSIDERATION FOR THEM.
AND WE GOTTA UNDERSTAND THAT TOO, FOR THEM TO STAFF THEIR, WHILE WE'RE DOING THE EVENT, THEY GOTTA HAVE IT STAFFED AT THE EVENT AND THEN GO TO RESTAURANT.
SO WE GOTTA, YOU KNOW, THINK, THINK THE WAY THEY DO.
BUT HERE, HERE'S WHERE I'M GETTING AT IS, IS DO YOU WANT TO KEEP THE EVENT? WELL, ABSOLUTELY.
RIGHT? RIGHT HERE, I MEAN, I ABSOLUTELY WOULDN'T KEEP IT, BUT I, I, I JUST, IF YOU LOOK AT THE NUMBERS, EVEN IF WE DOUBLED THE AMOUNT OF RESTAURANTS, RIGHT? SO LAST YEAR WE WOULD'VE, IF, IF WE TRIED TO GO WITH SOME REVENUE SHARE, 20% OF THE ADDISON RESTAURANTS WOULD'VE BEEN 65,000.
YOU HAD FIVE OTHER VENDORS THAT I DON'T REMEMBER HOW MUCH, BUT LET'S SAY WE GOT TO, LET'S SAY WE GOT TO, UH, A FOOD AND BEVERAGE SHARE.
WE MADE ADDITIONAL A HUNDRED THOUSAND.
I MEAN, YOU KNOW WHAT THE LOSS WAS.
I MEAN, I I JUST, EVEN IF YOU DOUBLED THE AMOUNT OF RESTAURANTS AND YOU, AND YOU DID THE REVENUE SHARE, I JUST, HEY CHRIS, CAN I ASK YOU A QUESTION? I'M SORRY.
I I GUESS WHAT I'M SAYING IS IT'S, IT'S LIKE I STARTED OFF SAYING YESTERDAY, I MEAN, THE IDEA IS TO PROMOTE THE RESTAURANTS.
AND IF THE RESTAURANTS ARE TELLING US THEY DON'T WANNA BE A PART OF IT, THEN MAYBE WE'RE DOING SOMETHING WRONG.
MAYBE THERE'S ANOTHER WAY WE CAN DO THIS THING TO HELP PROMOTE THEM.
BUT WE DOUBLED THE RESTAURANTS FROM LAST YEAR TO THIS YEAR.
THAT'S PRETTY GOOD IMPROVEMENTS.
AND AGAIN, WE'RE TALKING ABOUT MOMENTUM.
AND SO, SO WHAT, SO WHAT, SO WHAT I WOULD ASK YOU, WHAT I WOULD ASK YOU IS, 'CAUSE YOU HAVE YOUR BANKER HAT ON, YOU LOOKED AT THE NUMBERS AND THAT'S THE HAT YOU WEAR.
SO I'M, I'M ASKING, CAN YOU TAKE YOUR BANKER HAT OFF FOR A MINUTE AND, AND STEP BACK, TAKE A BIGGER, YOU KNOW, 30,000 FOOT LEVEL, PUT YOUR MARKETING HAT ON AND YOUR BRANDING HAT, AND THINK ABOUT THE IMPRESSIONS THAT, THAT, THAT ARE, THAT ARE MADE THROUGHOUT THE REGION THROUGH THE MONTHLY, WEEKS AND MONTHS LEADING UP TO CHASE, ADDISON, MEDIA WISE, SOCIAL MEDIA, UM, THOSE IMPRESSIONS ARE OUT THERE.
SO PEOPLE ARE TALKING ABOUT ADDISON, THERE'S SOME VALUE TO THAT.
SO IT'S, SO IT'S NOT JUST ABOUT THE NUMBERS ON THE SPREADSHEET.
SO I WOULD ASK YOU TO JUST TAKE THAT INTO CONSIDERATION BECAUSE THAT'S, THAT'S AGAIN, THAT'S A REALLY IMPORTANT PART.
BUT ONCE WE GET INTO THAT SPRING SEASON AND WE GET INTO OUR EVENT SEASON, I MEAN IT BOOM, BOOM, BOOM, WE HIT OUR BIG THREE.
PEOPLE ARE TALKING ABOUT ADDISON FROM MARCH THROUGH SEPTEMBER.
I MEAN, THERE'S NO DOUBT THAT THERE'S, YOU KNOW, SOME VALUE, SOME INTANGIBLES.
BUT I GUESS ONE OF MY COMMENTS WAS, IF EVERYONE'S TALKING ABOUT IT, WHY ARE ONLY 16,000 PEOPLE SHOWING UP? WELL THAT'S, THAT'S THE NEXT, THAT'S PART OF THE, THAT'S PART OF THE CHALLENGE.
SEE ME, THAT GOES BACK TO THE EXPERIENCE WHEN I BOUGHT MY, WHEN I ARRIVED AND I WANT TO STAY FOR EIGHT HOURS.
YOU WANT THEM TO STAY FOR EIGHT HOURS TO DO WHAT? TO SPEND MORE MONEY IS I WANT TO UPGRADE MY EXPERIENCE.
I WILL PAY TO UPGRADE MY EXPERIENCE.
WE'RE NOT EVEN OFFERING THAT AS AN EXPERIENCE.
WHY ARE WE WAITING TO 27 OR 28? I DON'T CARE IF IT'S A $5 INCREMENTAL UPGRADE FOR THE SPEED PASS.
SOME, SOMETHING HAS TO HAPPEN WHERE I WANT TO PAY MORE AND THERE ARE A PERCENTAGE OF THAT 17,000 THAT WE'LL PAY MORE.
'CAUSE WE'RE NOT EVEN OFFERING IT.
AND I THINK THAT'S A HUGE MISTAKE AND A MISS IS ALL I GOTTA SAY, I THINK WE SHOULD DO IT FOR 26 AND LET THERE BE A OPPORTUNITY TO UPGRADE THEIR EXPERIENCE WHILE THEY'RE ON OUR PROPERTY.
I'M WEARING THE FINANCIAL HAT TOO.
AND I'M SORRY THE NUMBERS DON'T MAKE SENSE TO ME.
BUT I ALSO THINK NONE OF US OWN THIS RESTAURANT AND WE'RE MAKING A DECISION FOR WHAT'S BEST FOR THE RESTAURANTS.
AND I THINK WE SHOULD ASK THEM, AND I THINK WE SHOULD GO DO SOME KIND OF SURVEY WITH THE RESTAURANTS AND GO ALL 200 AND ASK, DO YOU WANT IT OR NOT? LET'S GIVE THE FEEDBACK.
BECAUSE IF THE RESTAURANTS DON'T WANT IT, I THINK WE SHOULD LISTEN TO IT.
DOESN'T THAT WHAT THE PURPOSE OF THE COALITION IS FOR? WELL, SO OUR, SO YOU GOT, WE WENT FROM 20 SOMETHING TO 40 SOMETHING AND IT'S BEEN 40 SOMETHING TWO YEARS IN A ROW.
WE HAD A TERRIBLE THING IN 24.
I JUST THINK WE NEED THEIR FEEDBACK AND WE SHOULDN'T
[02:20:01]
PROBABLY MAKE THE DECISION TILL WE HEAR IT.AND LET'S SEE WHAT THEY THINK.
BECAUSE IF THEY SAY YES, THEN THEY CAN PUT UP FOR SHOT.
THEY SHOULD, THEY SAY YES, THEY SHOULD PARTICIPATE.
AND IF THEY SAY NO, THEN WE SHOULD LOOK FOR ANOTHER ANSWER, FIND SOMETHING ELSE INSTEAD OF BASED AND I DON'T KNOW IT'S RESTAURANT WEEK OR SOMETHING GOING DIFFERENT.
BUT I THINK WE NEED THEIR INPUT.
I THINK WE NEED THEIR INPUT TOO.
BUT WE'RE GONNA ASK 'EM A QUESTION ABOUT SOMETHING THAT'S THAT'S, THAT'S NOT WHAT THE FUTURE'S GONNA BE OF IT.
IT'S SOMETHING THAT'S A MISMATCH.
AND THEY'RE GONNA BE ANSWERING A QUESTION BASED ON THEIR PREVIOUS LEGACY EXPERIENCE.
THAT'S WHY WE HAVE TO GET THE MOMENTUM.
THEN WE ASK THE QUESTION ALONG THE WAY, ARE WE ON THE MARK? AND IF THEY'RE LIKE, EH, I JUST DON'T LIKE IT, YOU KNOW, TWO, THREE YEARS DOWN THE ROAD, YEAH.
BUT I DO THINK THERE'S SOME GREAT OPTIONS FOR PIVOT.
WE COULD STILL CALL IT TASTE ADDISON AND HAVE THE DIFFERENT AREAS OF TOWN RIGHT THERE LOCAL.
OR WE COULD MOVE TOWARDS THE TASTY BITE THING FOR THE WHOLE EVENT THAT LIMITS THEIR, UM, STAFF INVOLVEMENT.
SO I MEAN, THERE'S, THERE'S GREAT PLACES TO GO, BUT WE, WE GOTTA KEEP GOING AND, AND YOU KNOW, GET SMART ABOUT WHAT WE EXPECT RESULTS.
IF WE'RE GONNA SPEND $700,000 ON THIS THING, I WANNA KNOW WHAT WE'RE GETTING OUTTA IT.
I DON'T MIND SPENDING 700,000 SO LONG AS WE'RE GETTING SOMETHING OUTTA IT AND THE TOWN IN OUR POCKETS DIRECTLY, WE'RE NOT GONNA GET SOMETHING OUTTA IT.
INDIRECTLY FOR MORE BUSINESS AND MORE COMMERCE AND MORE SALES TAX AND MORE VIBRANCY, MORE HEALTHY ADDISON, THAT'LL 10, 10 X PAY FOR IT.
BUT IT'S HARD TO, YOU KNOW, IT'S HARD TO SEE THAT RIGHT NOW.
'CAUSE WE'VE GOTTA GET THE MOMENTUM BACK.
I THINK WE'RE GETTING IT BACK.
I MEAN, WHEN YOU CAME HERE THE SECOND YEAR, YOU INHERITED IT IN 23.
RIGHT? HERE'S THE, HERE'S THE WAY IT WAS AND I'M GONNA RUN WITH IT.
AND THEN SHE CHANGED IN 24 AND WE HAD 46 RESTAURANTS.
I MEAN THAT'S OVER DOUBLE, RIGHT? 120% MORE.
AND THEN LAST YEAR WAS ABOUT FLAT.
UM, BUT WE ALSO TOOK SOME THINGS OUT AND, AND WE'RE MAKING SOME TWEAKS ALONG THE WAY.
UM, BUT I'M NOT GONNA BE INSANE.
I'M NOT GONNA KEEP DOING THE SAME THING.
THAT'S WHY I WANNA SEE WHAT WE EXPECT THE RESULTS TO BE.
WELL, I WOULD SAY THREE YEARS AGO, DID THEY NOT MAKE A PITCH THAT, HEY, IT'S GETTING BETTER.
IT'S GONNA GET BETTER EVERY YEAR.
EVERY TIME YOU HEAR A PITCH, WE'VE GOT THIS FIVE YEAR PLAN, IT'S GONNA GET BETTER EVERY YEAR.
IT HASN'T, IT HAS TO ANSWER YOUR QUESTION.
IF YOU WERE TO ASK ME THE SAME QUESTION YEAH, LET'S GET TO YOU.
I MEAN IT IS PART OF OUR IDENTITY.
WE DO IT, BUT THIS, IT'S JUST RAN ITS COURSE IN MY OPINION.
AND THERE'S OTHER FESTIVAL IDEAS THAT WE CAN DO IF WE WANT TO COME UP WITH SOMETHING DIFFERENT.
THIS IS UNSUSTAINABLE AT THE FINANCIAL LOSSES THAT WE'RE TAKING FOR THE RESIDENTS, BUT, BUT WE'RE NOT TAKING FINANCIAL LOSS FROM THE RESIDENTS PAID FROM THE HOTEL FUND.
IT'S, IT IS MONEY FROM PEOPLE.
IT'S, IT IS MONEY THAT WOULD BE BETTER SPENT ON SOMETHING ELSE.
UM, IT SOUNDS LIKE WE'VE GOT FIVE OF US, AT LEAST FIVE OF US, THAT, THAT WANT TO CONTINUE DOING CASE.
UM, SO I THINK WE NEED TO FOCUS ON, HEY, LET'S MAKE THAT THE BEST IT CAN BE.
I LIKE, CAN WE GO BACK TO THAT, THAT SLIDE ON THAT, THAT, THERE YOU GO.
UM, I THINK IT WAS NINE RIGHT HERE.
I WOULD LOVE TO SEE STAFF COME UP WITH SOMETHING CREATIVE LIKE 10% ON BEVERAGE OR, OR WHATEVER THAT LOOKS LIKE.
BUT I, I THINK, I THINK SOMETHING LIKE THAT, 10% ON BEVERAGE, 10% ON FOOD DOESN'T SOUND AS AGGRESSIVE AS, AS 20% ON FOOD.
BUT, BUT I, I LIKE THAT APPROACH.
UM, IF, IF WE GO DOWN THIS PATH, UM, THAT'S A SAVINGS OF HOW MUCH, 225,000 OR SOMETHING FROM WHAT'S IN THE BUDGET, THE BUDGET BOOK.
IS THAT ABOUT RIGHT? AND, AND I WOULD LIKE TO GO DOWN TO THIS PATH, UM, BECAUSE I THINK THAT'S DOABLE.
AND, AND TAKE THAT, THAT 225,000, I'M NOT SAYING WE JUST TAKE IT AWAY, UM, FROM ABBY, BUT, BUT SAY, HEY, LET'S, LET'S TAKE THAT 225,000 AND DO SOME OTHER BET.
LET'S DO SOME A TEXAS SHELLY COOKOFF.
LET'S DO, WE USED TO HAVE THE BIG D BARBECUE BATTLE THAT WE, THAT WE UH, WE PARTNERED WITH A DALLAS CHAMBER OF COMMERCE AND THEY QUIT DOING THAT EVENT.
BUT SOMETHING SOMETHING LIKE THAT, THAT WOULDN'T BE AS MUCH WORK FOR US.
[02:25:01]
BUT WE COULD GET PEOPLE TO, TO SET UP SHOP AND DO THESE THINGS AND, AND, UH, MOST IMPORTANTLY, UM, BRING PEOPLE INTO ADDISON AND THAT WOULD, THAT WOULD, UH, SPEND MONEY AND STAY HOTELS.THAT BIG BIG D BARBECUE BATTLE BROUGHT PEOPLE FROM ALL OVER THE, ALL OVER TEXAS AND MAYBE OUTSIDE.
THEY CAME IN ON A FRIDAY NIGHT, THEY NEEDED TO COME IN ON A FRIDAY NIGHT.
WE SET UP ALL THEIR BARBECUE SET UP SHOP, WE STAYED IN OUR HOTELS.
UM, THEY, THEY STAYED IN OUR HOTELS FOR BASICALLY FRIDAY AND SATURDAY, WHETHER THEY WERE WORKING THE EVENT OR JUST ATTENDING THE EVENT.
SO SOMETHING, IF YOU COULD JUST TAKE, TAKE SOME OF THE SAVINGS.
IF WE GO THIS ROUTE AND CREATE TWO, UM, THEY'RE NOT SMALL EVENTS, BUT I CALL 'EM MICRO EVENTS RELATIVE SOME MAMMOTH HALF A MILLION DOLLAR, UH, SPENDING EVENT.
AND SO THAT, THAT'S, THAT'S WHAT I'D LOVE TO SAY.
AND I DON'T WANT TO, UH, ADD ADDITIONAL VENTURE YOU'RE TALKING ABOUT NECESSARILY.
THAT CAN BE A SEPARATE CONVERSATION.
I WANNA DO THE AGGRESSIVE, I WANT TO ADD THE REV SHARE.
I WANT TO, I THINK THE WAY THAT WE, WE DEFINE SUCCESS IS MORE PEOPLE COMING, STAYING IN HOTELS, STAYING FOR A LONGER TIME, SPENDING MORE AT THE EVENT.
BUT THE RESTAURANTS, I THINK THAT'S PROBABLY THEIR REVENUE IS PROBABLY THE BIGGEST MEASURE OF THE SUCCESS.
IF IT'S A TASTE ADDICT, IF THEY'RE SELLING MORE, THEN, THEN WE'RE WINNING.
SO YOU'RE YOU'RE AGREEING TO THIS, I I'M AGREEING TO THIS.
UH, NOT THE BEVERAGE SPONSOR NECESSARILY, UM, BUT A REP.
THIS, WHAT ABOUT, AND I THINK THE 10% IS FINE.
I THINK THEY, WE TAKE A SMALL CUT, IT'S NOT GONNA HURT.
UM, AND 10 TO 20 PERCENT'S NOT GONNA MAKE THAT MUCH A DIFFERENCE 'CAUSE WE'RE STILL LOSING, YOU KNOW, 50 TIMES THAT MUCH.
SO THAT'S MY, THAT'S MY APPROACH, BUT GET REALLY AGGRESSIVE ABOUT THE CHANGES AND HAVE THE PREMIUM SEAT.
HAVE THE VIP EXPERIENCE HAVE THE, THE, YOU SAID BARBECUE COOK OFF THING HAD THAT IN THE EVENT LIKE THE THE WHISKEY AND CHOCOLATE TASTINGS.
THAT'S, I THINK WE GO DO A LOT OF THOSE, THOSE BIG ITEMS. DOES THE RESTAURANT COALITION HAVE AN ISSUE WITH THE BANDS WE'VE HAD? DO THEY, SO THE RESTAURANT, SO IT GOES HAND IN HAND, RIGHT? THE RESTAURANTS ARE PLEASED WITH THE DAYTIME PROGRAMMING THAT WE HAVE PROVIDED, UM, AS IT GIVES THEM THE OPPORTUNITY TO DO A LUNCH AND A DINNER CROWD, WHICH REALLY ON SATURDAY MM-HMM
UM, THERE A LOT OF THE RESTAURANTS THAT HAVE BEEN HERE FOR MANY YEARS, REMEMBER THE DAYS OF THE BIGGER MEETINGS.
AND SO A LOT OF TIMES WHEN WE GO OUT FOR RECRUITMENT, THE FIRST THING THAT THEY ASK IS, WHO HAVE WE BOOKED OUR LINERS? THAT RIGHT.
'CAUSE THAT IS WHAT DRIVES YOUR DAY.
IT DOESN'T DRIVE YOUR DAYTIME, BUT IT DOES DRIVE UNDERNEATH THE ATTENDANCE OUT OF RESPECT FOR EVERYONE'S TIME.
CAN CAN WE JUST KEEP THIS NUMBER HERE AS A PLACEHOLDER AND THEN MAYBE WE HAVE ANOTHER DISCUSSION HERE SHORTLY AS A COUNCIL RATHER THAN CONTINUE THIS CONVERSATION.
KEEP WHAT NUMBER? THE, THE 4, 4 6, RIGHT? YES, ABSOLUTELY.
YOU ARE YOU TALKING ABOUT NEXT WEEK IN THE BUDGET PROCESS? YEAH, BECAUSE I WANT TO HAVE TASTE ADDISON.
I JUST DON'T KNOW IF THE FESTIVAL IS THE RIGHT WAY TO GO.
AND I HATE TO WASTE EVERYONE'S TIME HERE.
I'M OKAY WITH FOUR 60 OUTTA THE HOTEL FUND AND THE BUDGET AND MAYBE WE JUST CONTINUE THE CONVERSATION IN OUR TIME.
YOU DON'T HAVE A WEEK TO FIGURE OUT HOW WE CAN GET SOMEBODY TO DO SOMETHING IF WE'RE GONNA CHARGE YOU 20% THAT WE CAN'T GET 'EM TO DO FOR 0%.
WELL, I I THINK THAT'S PART OF THE CONVERSATION BECAUSE I, I, THE, THE REVENUE SHARE, I THINK IT'S GONNA BE A HARDER SELL TO GET RESTAURANTS AND, AND IT SOUNDS GREAT AND IT SOUNDS LIKE IT'D BE A NICE INCREASE IN REVENUE, BUT I, I SEE RESTAURANTS GOING OTHER WAY RATHER THAN SIGNING UP FOR IT.
SO I JUST WANNA UNDER ARE YOU TALKING ABOUT TO MAKE A DECISION DURING THE BUDGET PROCESS OR AFTER THE BUDGET? BECAUSE REALLY, REALLY NEED TO KNOW DURING, BEFORE IF WE'RE GONNA DO A CASE, WE GOTTA MAKE A DECISION BEFORE OCTOBER.
I'M NOT TRYING TO PUT PRESSURE ON YOU, IT'S JUST WE CAN'T MAKE A CALL ON NOVEMBER.
I DON'T SEE WHY WE CAN'T DO THAT.
I DON'T SEE WHY WE CAN'T TONIGHT SAY, HEY, WE'RE PUTTING $460,000 IN THE BUDGET AND THEN WE DECIDE HOW WE'RE GONNA SPEND IT.
THERE'S NOTHING WRONG WITH DOING THAT.
AT WHAT, AT WHAT POINT YOU'RE SAYING AFTER OCTOBER MAKE THE CALL.
I HATE THAT WE'RE WASTING EVERYONE'S TIME.
I'M JUST, IT'S WHAT TIME WE, WE LOT OF OTHER THINGS.
I UNDERSTAND IF YOU HAVE A WEEK, CAN YOU GO TO THE RESTAURANTS AND SAY, HEY, THEY'RE TALKED ABOUT GETTING RID OF THIS.
ARE Y'ALL GONNA BUY INTO THIS OR NOT? I'M NOT SURE.
I'M GONNA, ME IN FAVOR OF THAT.
COULD WE GO AROUND THE ROOM AND JUST COLLECT THOUGHTS BECAUSE THAT MAY SPEED UP THE DECISION INVESTMENT.
YEAH, WE'RE NOT VOTING, BUT YEAH, I'M JUST,
[02:30:01]
I'M WITH CHRIS AND, AND RANDY MAR.SO I'M WITH I'M AGREE THIS POINT.
NO I DON'T, AGAIN, I I DO NOT WANT TO KILL TASTE ADDISON.
BUT I, I DO THINK WE AT LEAST NEED TO HAVE A CONVERSATION ON OTHER IDEAS.
SO YOU'RE OKAY WITH MOVING FORWARD WITH THE BUDGET AMOUNT THAT THAT'S BEEN PUT FORWARD? YEAH, I'VE SAID THAT TWICE.
WE'RE MORE THAN TAKING THE SURVEY OVER HERE.
SO I'M JUST CONFIRMING, I'M JUST TRYING TO GET SOMETHING DONE TONIGHT.
I THINK WE NOT MUCH MORE THAN THIS.
BUT WE CHARGING MORE IN THE END.
ADMISSIONS IS A STEP IN THE RIGHT DIRECTION.
DETAILS THAT CAN GET WORKED OUT.
THEY'RE NOT GET WORKED OUT TONIGHT, SO WE'RE GONNA TO BUT WHERE MY HEAD IS THOUGH IS I DON'T KNOW IF THE FESTIVAL IS THE WAY TO GO.
THAT'S WHY I'M SAYING I'M OKAY WITH FOUR 60 FOR SOMETHING AND I, I I THINK WE NEED TO TALK THAT OUT.
'CAUSE I, I DON'T KNOW IF A REVENUE SHARE IS REALLY GONNA GET US WHERE WE NEED TO BE.
I'M OKAY WITH 4 65 INVESTMENT AND WHAT IT LOOKS LIKE, I CAN'T TELL YOU.
SO IF WE SAY YES TO 4 65 AND WE DO DO THIS NEXT YEAR AND IT ENDS UP BEING MINUS SIX 50 OR SEVEN, WHAT, WHAT, HOW DO WE SOLVE, I MEAN, HOW WE LIMIT IT TO 4 65? IS THAT POSSIBLE? WELL, THE, THE, THE EXPENSES ARE LIMITED.
UH, ABSOLUTELY THERE THERE'LL BE AN APPROPRIATION, BUT THE REVENUE IS ALWAYS IT.
WE SAY 4 65 DOESN'T MEAN IT'S GONNA COME OUT THAT YEAH, THE YEAH, WE HAVE THE STAFF PUT THE PLAN IN PLACE.
THAT'S THE, THAT'S THE EXPENSE.
THE, THE WE THE WE'RE BUDGETING 4 65, WE'RE GONNA SPEND A MILLION.
WELL, THAT'S WHAT'S COMING DOWN THE HOTEL.
SO WE, WE APPROPRIATE THE BUDGET AND THEN THE STAFF'S JOB IS TO MEET THAT, PUT A PLAN IN PLACE THAT EXECUTE IT TO WHERE THE, THE END RESULT IS WHAT THAT BUDGET IS.
IS THAT WRONG? NO, THAT'S FINE.
ARE YOU EVEN CLOSE TO HAVING WHAT YOU NEED FROM US
I MEAN, I, I HEARD DIRECTION FROM AT LEAST FOUR TO MOVE FORWARD WITH TASTE AS WE PUT FORWARD IN THE AGGRESSIVE APPROACH.
UM, I GUESS WHAT I UNDERSTAND, ARE YOU ASKING FOR A FOLLOW UP CONVERSATION IN THE NEXT TWO, FOUR SESSIONS? IS THAT WHAT YOU'RE ASKING FOR? I, I AM.
I I JUST WANNA MAKE SURE I UNDERSTAND.
WELL, I GUESS 'CAUSE THE BUDGET, I MEAN, I GUESS IF, IF THERE'S FOUR OF Y'ALL WHO WANT TO CONTINUE DOWN THIS PATH, THEN I GUESS IT REALLY DOESN'T MATTER.
WE CONTINUE, WE WANT TO HEAR YOUR THOUGHT, BUT THE BUDGET OF 4 65, BUT AFTER THE BUDGET'S SET, WE'VE GOTTEN THE MONEY IN THE BUDGET AFTER IN OCTOBER, WE COULD HAVE A DEEPER DIVE TO DEFINE WELL IN ADVANCE OF HEADLINERS AND, AND, UH, SECURING OTHER, YOU KNOW, TIME SENSITIVE THINGS.
YEAH, I DON'T THINK THE DETAILS NEED TO BE WORKED OUT.
THAT'S, THAT'S WHAT I'M SAYING.
WELL, THAT'S WHAT I SAID IN THE BEGINNING IS I'M OKAY WITH THE FORCES.
I MEAN, DOES THAT GIVE YOU ENOUGH TIME? IF, IF WE SAID, HEY, WE'RE DOING THIS NEXT TASTE STATUS IN, IN OCTOBER, DOES THAT WITH THE, WITH THE EVENT BEING HOSTED IN APRIL, HEADLINE CONVERSATIONS ACTUALLY NEED TO START IMMEDIATELY AFTER.
IF I KNOW THAT THIS IS WHAT WE'RE DOING, HEADLINE CONVERSATION WILL ACTUALLY START LIKE NOW, OKAY, SO IF WE GO WITH THE MORE AGGRESSIVE APPROACH, THE 20% REVENUE SHARING, AND WE GOT 43 RESTAURANTS THAT SAYS NO, WE DON'T WANNA DO, WE DIDN'T WANT TO DO IT FOR ZERO, SO WE'RE NOT GONNA DO IT FOR 20% AND WE'RE DOWN TO 10 RESTAURANTS THAT WANT TO PARTICIPATE.
WHAT DO WE DO? OR IF WE'RE DOWN TO 15 OR, OR NONE OF THEM SAY THEY WANNA DO IT.
NOW WHERE DO WE AT? WELL, LOOK, THAT'S, WE SAID THAT'S A RISK.
AND WE'RE SAYING WE, WE, WE HEAR WHAT COUNCIL, WE HEAR THE DESIRE FOR COUNCIL THE GOALS, SOME COUNSEL, WE WANT TO PRIORITIZE BRINGING DOWN THE, THE SUBSIDY.
WE ARE SAYING WE WE WILL DO THAT.
BUT THE RISK IS EXACTLY WHAT YOU SAID.
WE DON'T THINK THAT'S THE MOST LIKELY WE DON'T KNOW, BUT WE, WE'RE NOT GONNA NOT TELL BE TRANSPARENT.
THAT'S A RISK AS WE GO FORWARD NEXT YEAR.
IT'S A $32,000 D DIFFERENCE FROM 10 TO 20% AND FROM ZERO TO 20%.
IF EVERYTHING ELSE IS SUCCESS, ANY BOOTH COST THAT ALL THOUSAND IN SPONSORSHIPS TOO.
I KNOW, THAT'S WHAT I'M SAYING.
I MEAN, I MEAN THERE'S A WHOLE BUNCH OF MOVING.
WE'RE NOT GONNA GO TO 10 RESTAURANTS, WE CHARGING AT 10%.
YOU KNOW, AND THAT MAY BE NEGOTIABLE.
I MEAN, LET THE STAFF WORK OUT THE, THE DETAILS, THE DETAIL.
[02:35:01]
I THINK WE'VE BEAT THIS HORSE TO DEATH.UM, SPEAKING OF TASTE, ADDISON, WHY DON'T WE GO UPSTAIRS AND TASTE ADDISON.
WE HAVE SOME FOOD UPSTAIRS, SO TAKE A LITTLE BREAK, 15, 20 MINUTES AND GRAB A BITE AND WE'LL BE BACK 6 37.
IT'S 7 0 7 AND WE WILL RECONVENE THE COUNCIL AFTER A BREAK.
AND, UH, WE'RE CONTINUING ON WITH MAYOR CASTLE.
WHAT YOU SAY? TRUTH, HE SAYS IN HOT SEAT.
I KNOW WHERE YOU'RE AT, APPARENTLY I'M IN THE HOT SEAT.
SO TALK ABOUT THE ADDISON PERFORMING ARTS.
WE'LL START WITH OUR MAJOR ACCOMPLISHMENTS FROM THIS PAST YEAR.
WE HIRED, WE, UM, REBRANDED AND UPDATED OUR FACILITY WITH A NEW LOGO, UM, THANKS TO OUR MARKETING TEAM, UM, AND THE CREATIVE DESIGN AROUND THAT.
WE UPDATED THE SIGNAGE AND THEN WE STARTED LOOKING AT SOME OF THE COMMON AREAS IN THE BUILDING AS WELL.
THE SHARED SPACES THAT'S PROVIDED FOR ALL USERS HAVE BEEN, UM, UPDATED TO IMPROVE THE BOX OFFICE, THE KITCHEN, THE LOUNGE THAT POKES ALL OF OUR PERFORMERS AS WELL AS AREAS OF THE MAIN STAGE.
WE ALSO REPURPOSED FURNITURE, UM, THAT WAS IN AND AROUND THE PROPERTY.
AND SO YOU MAY HAVE SEEN THE BLUE CHAIRS THAT WERE PAINTED AND PLACED UPSTAIRS ON THE BALCONY.
ALL OF THAT WAS REPURPOSED FROM THE PROPERTY.
UM, AND THEN WE ACTUALLY FLIPPED THE SION AND FLIPPED THE LAYOUT OF THAT MAIN SPACE TO A MORE CONVENTIONAL, CONVENTIONAL USE OF SPACE AS WE LOOK TO ACTIVATE, UM, THE VENUE MORE.
WE ALSO INCREASED ACTIVATION OF THE VENUE WITH 20 OUT OF 29 POSSIBLE DAYS OF LIT NIGHTS IN DECEMBER.
AND THAT WAS DONE IN A COMBINATION WITH THE HEALTH AND OUR RESIDENT COMPANY OF LARGE POWER THEATER, OUR TOWN CURATED PROGRAMMING, UM, AND RENTERS AS WELL.
WE ACTUALLY HOSTED OUR FIRST WHOLE FACILITY RENTAL HUB, THE VENUE, UH, WHICH IS EXCITING TO SEE.
AND WE RENTED OUT JUST THE LOBBY SPACE FOR A NUMBER OF EVENTS TO INCLUDE NATIONAL MARGARITA DAY.
WE HOSTED AN INFLUENCER EVENT FOR ONE OF OUR CONCESSIONAIRES FOR THE CASE.
AND THEN THERE WERE SEVERAL TASTING AND PRIVATE PARTIES THAT WERE HOSTED THE SPACE AS WELL.
WE ALSO, UM, FULLY UTILIZED THE SPACE FOR TEA ADDISON, UM, AS WELL AS THE OTHER EVENTS WHICH ALLOWED US TO EXPAND THE FOOTPRINT OF OUR BIG THREE.
UM, AND THEN WE ALSO PARTICIPATED IN THE FORMATION OF THE COUNCIL COMMUNITY PARTNERSHIP COMMITTEE, UM, THAT PROVIDES GUIDANCE FOR THE NON-PROFIT FUNDING PROGRAM, UM, AND ASSISTED WITH THE CREATION OF THE PERFORMING ARTS ORGANIZATION CATEGORY.
WHEN WE LOOK AT SOME OF THE METRICS THAT ARE TIED TO THE FACILITY, UM, WHAT WE LOOK TO MEASURE ARE LIT NIGHTS AS WELL AS PERFORMANCES.
YOU'LL SEE THAT, UM, THE COUPLE PREVIOUS YEARS ARE LISTED THERE.
IN THIS PAST FISCAL YEAR WE HAD 103 TOTAL LIT NIGHTS, UM, WHICH POSTED 231 PERFORMANCES.
AND THEN YOU SEE THE USERS OF THE SPACE AND HOW THE LIT NIGHTS AS WELL AS PERFORMANCES BREAK DOWN IN THE TABLE BELOW.
WHEN WE LOOK AT OUR OBJECTIVES FOR THIS UPCOMING YEAR, WE WANNA CONTINUE TO PROGRESS TOWARDS OUR GOAL OF 150 LIT NIGHTS.
THAT 150 WILL COME IN COMBINATION FROM WATER TOWER, WHO IS OUR RESIDENT THEATER COMPANY.
WE ALSO HAVE RENTERS THAT WILL MAKE UP 50 OF THOSE NIGHTS.
AND THEN THE TOWN WILL CONTINUE TO CURATE PROGRAMMING THAT WILL CONTRIBUTE TO THE LAST THIRD OF FILLING THAT SPACE.
WE'RE LOOKING TO ESTABLISH RESIDENCY FOR THE STUDIO SPACE, UM, AND MAXIMIZE THE VISIBILITY THROUGH OUR TOWN PRODUCED EVENTS, WHICH WE STARTED TO, UM, REALLY LEAN INTO THIS PAST THE PAST COUPLE OF YEARS.
WE'LL ALSO LOOK TO, UM, EXPLORE SOME GRANT OPPORTUNITIES FOR THE VENUE AS WELL.
WE LOOK AT THE MARKETING AND PROMOTION OF THE VENUE.
UM, OUR THEATER MANAGER ACTUALLY IS PARTICIPATING A NUMBER IN A NUMBER OF PROFESSIONAL ORGANIZATIONS WHERE WE'RE STARTING TO SHARE THE, UM, DETAILS OF THE FACILITY AND SHARING THAT IT IS A VIABLE OPTION FOR THOSE THAT ARE LOOKING FOR, UM, RENTAL AND REHEARSAL AS WELL AS PRODUCTION SPACE.
AND WE'LL CONTINUE TO PRIORITIZE THE FACILITY AND EQUIPMENT REPAIRS EQUIP THAT WILL ALLOW US TO INCREASE THE ACTIVATION OF THE FACILITY AS A WHOLE WHEN WE LOOK AT RESOURCE MAXIMIZATION.
UM, TWO ITEMS CAME, UM, TO THE TABLE FROM THIS BUDGET.
THE OFFICE APPLIES THE RELOCATION OF SPECIAL EVENTS INTO THE ACTUAL FACILITY, ALLOWS, UM, THAT DEPARTMENT TO ABSORB THE OFFICE SUPPLY.
UM, AND SO THAT WAS, UM, GIVEN BACK TO THE TOWN AS WELL AS THE CINTAS, UM, CONTRACT.
UM, AS WE WILL RESTOCK THE MEDICAL SUPPLIES, UM, IN HOUSE, WHEN WE LOOK AT THE MAKEUP OF THE THEATER, UM,
[02:40:01]
WE HAVE THREE FULL-TIME EMPLOYEES, UM, THAT HAS GROWN FROM FISCAL YEAR 2024 AND WE'LL GO INTO 20, UM, FISCAL YEAR 26 WITH THREE EMPLOYEES AS WELL.UM, AS A NOTE, OUR THEATER SUPERVISOR AND MANAGER ARE BOTH FUNDED EXCLUSIVELY OUT OF THE HOTEL FUND.
AND THEN OUR THEATER ATTENDANT IS, UM, FUNDED HALFWAY, HALFWAY PARTWAY THROUGH THE HOTEL FUND AND THE OTHER THROUGH GENERAL FUND.
WE LOOK AT THE ORGANIZATION CHART.
THIS DOES MIRROR WHAT WE DO ON SPECIAL EVENT SIDE AND DO INCLUDE BOTH DEPARTMENTS AS WE DO WORK IN TANDEM.
ON THE UM, THEATER SIDE, WE HAVE NICOLE BELFORD, WHO IS OUR THEATER MANAGER, JACK HYLAND AND GABE COLEMAN MAKE UP THE REST OF THAT THEATER TEAM.
THEY DO SHARE THE TWO SPECIALISTS ON THE SPECIAL EVENT SIDE.
UM, AND THEN AS WE ACTIVATE THE FACILITY THROUGH THE BIG THREE, THEY TAKE THE LEAD ON THOSE AREAS FOR US.
AS PART OF, UM, THE OPERATIONS, WE HAVE A COUPLE OF DECISION PACKAGES THAT WE'RE LOOKING TO BRING FORWARD TONIGHT.
UM, AND THERE'S TWO, UM, THERE'S ONE THAT FOCUSES ON THE IMPROVEMENTS TO THE FACILITY.
UM, IT WOULD BE A ONE TIME COST.
UM, AND THEN THE MAJOR THEATER PROJECTS FUNDING, WHICH IS A RECURRING COST AT THIS TIME.
UM, I'M GONNA ASK BILL HOLLY TO COME UP AND TALK THROUGH, UM, THE, SO, UH, WHAT WE ARE PROPOSING IS A, A MULTI-YEAR, UM, INVESTMENT INTO THE PROPERTY, UM, TO MAKE IT A BETTER EXPERIENCE FOR CUSTOMERS, STAFF, AND, AND THE CAST AND CREW THAT ARE THERE, HELP YOU PUT ON THE PERFORMANCES.
SO, UM, IN 2026, THE TOTAL IS $228,000.
HERE'S THE, THE BREAKDOWN BY YEAR AND BY THE ITEM.
SO THE FIRST FOCUS, WE'VE GOT A LOT OF, UH, COMMENTS NOT COMPLIMENTARY ABOUT THE RESTROOMS IN THE, IN THE LOBBY AREA.
THEY'RE ORIGINAL, THEY'RE DATED.
THERE'S, UM, SOME DIFFICULTY AND SOME CHALLENGES THERE.
SO THIS IS A, UH, A REFRESH OF THE FOUR RESTROOMS. THE FIRST FLOOR LOT TWO, THE TWO ON THE FIRST FLOOR, TWO ON THE SECOND FLOOR, AND SAFETY RAILINGS THAT, UH, A VERY UNIQUE FACILITY.
AND IF YOU'VE EVER BEEN ON THE SECOND FLOOR, SECOND LEVEL, UH, DEPENDING ON HOW IT'S SET UP THERE, THERE ARE JUST LITERALLY LEDGES.
UH, SO WE WERE PROPOSING FOR $60,000 TO ADD SOME REMOVABLE, UH, CABLE WIRE TYPE RAILINGS SO THAT WE CAN HAVE THOSE UP IF THEY WANT TO USE THAT AREA OF SEATING.
PEOPLE CAN STILL SIT BEHIND THAT AND SEE THROUGH IT.
WE JUST THINK IT WOULD IMPROVE THE FLEXIBILITY OF THE SPACE, THE SAFETY OF THE SPACE WITHOUT COMPROMISING THE ABILITY TO MANEUVER THAT FACILITY INTO DIFFERENT TYPES OF CONFIGURATIONS.
AND THEN, UH, MARLEY FLOOR REPLACEMENT, I HAD TO LOOK THAT UP.
THAT'S A SPECIAL, UH, LAYER THAT YOU PUT DOWN WHEN THERE ARE DANCERS, PARTICULARLY LIKE BALLET TYPE DANCERS, SO THAT THEIR FEET, WHEN THEY LAND, IT DOESN'T SLIP OR SLIDE.
UH, SO THIS IS A MATERIAL THAT GOES OVER THE STAGE WHERE THEY'RE PERFORMING, AND THEN AT THE END IT, IT GETS ROLLED UP AND PUT AWAY ON THE SIDE.
BUT WHAT WE HAVE NOW IS REACHED THE END OF ITS LIFE AND IT'S TIME FOR THAT TO BE REPLACED SO THAT WE DON'T HAVE AN INCIDENT WHERE A PERFORMER SLIPS AND CAUSES AN INJURY.
SO THAT'S, UH, YEAR ONE FOR A TOTAL OF 228002ND YEAR, 2027.
THE, THE MAIN ITEM THERE IS THE SEATING ELEMENT, AND THAT IS THE LARGE MULTI-LEVEL, UH, SEATING STRUCTURE, WHICH AGAIN, CAN BE MOVED, IT CAN BE FOLDED, IT CAN BE RECONFIGURED.
IT IS, UM, CORRECT ME IF I'M WRONG, I BELIEVE IT'S ORIGINAL.
AND IT IS VERY CUMBERSOME COMPARED TO NEWER MODELS AND TECHNOLOGY.
IT IS, UH, MANY HOURS TO RECONFIGURE AND MOVE WHERE NEWER SUCH STRUCTURES ARE A BETTER EXPERIENCE FOR THE PEOPLE SITTING IN THOSE.
IT WILL SAVE TIME TURNING THE FACILITY AROUND LESS HOURS CREW, UH, TO, TO MANEUVER THAT.
AND THEN, UM, STAGE LEFT SOUND CAGE, WHICH IS AN AREA WHERE WE'RE JUST PROPOSING TO ESSENTIALLY BUILD KIND OF A, A SECURITY AREA WHERE A LOT OF THEIR VERY EXPENSIVE ELECTRONICS AND THINGS IN BETWEEN PERFORMANCES, THEY CAN JUST QUICKLY PUT THOSE IN THAT AREA AND LOCK IT UP AND STILL HAVE PEOPLE REHEARSING IN THE BUILDING AND THEY DON'T HAVE TO WORRY ABOUT IS IT GONNA GET DAMAGED? IS SOMEBODY GONNA, YOU KNOW, MOVE IT OR MESS WITH IT, OR SOMETHING LIKE THAT.
SO, VERY, VERY SIMPLE JUST TO CAGE IN AN AREA, UM, OF THAT TO HELP PROTECT IT, THAT VERY EXPENSIVE EQUIPMENT.
THEN IN YEAR THREE, WHICH IS 2028, THIS IS FOCUSED ON THE BACK OF HOUSE.
SO WHERE THE PERFORMERS ARE THE CAST, THE CREW THAT, UH, SURE GOT THAT.
UM, SO THAT IS THE, UM, THE DRESSING ROOMS. THERE ARE
[02:45:01]
RESTROOMS IN THOSE DRESSING ROOMS. THOSE ARE, AGAIN, ALL ORIGINAL TO THE BUILDING.UH, THE LIGHTING BACK THERE, THE CARPET, UH, PAINTING, A LITTLE BIT OF RECONFIGURING TO MAKE THAT MORE EFFICIENT AND EFFECTIVE.
THERE'S A GREEN ROOM BACK THERE WHERE AS THEY'RE GETTING READY TO, TO GO OUT AND PERFORM AND KIND OF CALM THEIR NERVES OR WHATEVER THEY DO BEFORE THEY GO OUT.
AND THEN THERE ARE SOME RESTROOMS BACK HERE FOR CAST CREW.
AND SINCE WE HAVE ADDED PEOPLE TO THE BUILDING AT OFFICE PERMANENTLY, IT, THERE WERE NEVER RESTROOMS FOR THE OFFICE SPACE IN THE BUILDING.
SO ALSO, JUST THE THING TO THINK ABOUT IS THE FOLKS THAT WORK THERE OR ARE THERE VISITING, HAVING MEETINGS THERE, HAVE TO USE EITHER THE PUBLIC RESTROOM OR THOSE CREW RESTROOMS. AND AGAIN, THOSE ARE ALL ORIGINAL TO THE BUILDING, WHICH IS 33 1 3 2 YEARS OLD.
SO IT'S, IT'S TIME FOR A REFRESH ON THOSE ALL TOTAL OVER THE THREE YEARS, UH, 685,000.
BUT WE WANTED TO STEP, STEP THAT THROUGH.
YEAH, I JUST WANTED TO MAKE ONE COMMENT TO THAT POINT.
YOU KNOW, WE'VE HEARD FROM JUST ABOUT EVERY CONSTITUENCY FROM STAFF TO, TO THE, UH, TO THE COMPANIES WHO ARE PERFORMING THERE, TO PARISH, TO FOLKS, PATRONS THAT ARE COMING.
EVERYBODY ACROSS THE BOARD TALKS ABOUT THE FACILITY.
AND THIS CAME UP A LOT LAST YEAR AS WE WERE HAVING A LONG TERM CONVERSATION OF HOW ARE WE GONNA, HOW ARE WE GONNA OPERATE THE FACILITY? HOW ARE WE GONNA GET FOLKS THERE THAT WE KNEW THAT WE HAD THE CONDITION OF THE FACILITY, WHICH IS NATURAL AFTER THIS MANY YEARS TO LOOK AT.
SO THIS WAS OUR, OUR ATTEMPT TO SAY, WE HAVE A LOT, THERE'S A LOT TO CHEW ON HERE.
THERE'S A LOT THAT NEEDS TO BE DONE.
HOW CAN WE PACE THIS OUT? SO IT'S A, IN REASONABLE CHUNKS OVER THE NEXT THREE YEARS.
AND THERE'S, TO BE HONEST, THERE'S MORE THAT ON THIS LIST THAT SHOULD BE, THAT, THAT COULD BE DONE AT THE THEATER.
UM, BUT THAT WAS REALLY THE GENESIS OF US BRINGING THIS FOR.
SO WHAT ARE, WHAT ARE WE DECIDING ON? BECAUSE THAT FINAL COLUMN BUDGET, 25, 26, THAT, THAT'S NOT ALL IN THIS YEAR, RIGHT? UH, NO.
WELL, YEAH, IT'LL, IT'LL JUST BE THE, UH, WHAT'S IN THE BUDGET.
AND WE'LL BRING BACK THE SECOND YEAR OR THE THIRD YEAR SEPARATE DECISION PACKAGES EACH YEAR GOING FORWARD.
SO LOOKING AT THE FUND PROJECTION, IT LOOKS LIKE IT DOESN'T HIT IT VERY HARD, UH, ON THE, UM, FORECAST OF IT.
UH, IS THERE MORE THAT, THAT WE SHOULD DO SOONER? I MEAN, I THINK IF, UH, THERE'S A CAPACITY TO DO MORE AND COUNCIL WANTED TO DO MORE, YOU CERTAINLY COULD PROGRAM SOME OF THESE TO HAPPEN FASTER.
I MEAN, I WOULD, YOU KNOW SURE.
ASK BILL IF THAT'S POSSIBLE, OR WE COULD MAKE THOSE HAPPEN.
THIS, THE, THE THOUGHT OF THE STRATEGY WAS TO SPREAD IT OVER A FEW YEARS.
BUT FROM A FUND POINT OF VIEW, CAN YOU GO TO THE, THE FORECAST SLIDE ON THE, THE FUND? I MEAN, I HATE TO JUMP AHEAD.
WE CAN'T, WE JUST GO THROUGH ALL THE SLIDES, IF YOU LIKE THIS ONE OR THAT ONE? THIS ONE.
WELL, THAT WAS THE HOTEL FUND, I GUESS THE HOTEL FUND'S, NOT JUST THE THEATER.
BUT THE HOTEL FUND'S VERY HEALTHY WITH THE CASH POSITION.
WE'RE ACTUALLY, UH, YOU KNOW, FOR THIS YEAR ABOUT 68% IN FUND BALANCE.
SO IT COULD ABSORB THOSE ADDITIONAL COSTS.
IT WOULDN'T IMPACT, UH, THE OVERALL POSITION GOING FORWARD.
SO, UH, IT'S, SO SOME OF THOSE OTHER THINGS, I MEAN, THE SEATING ACTUALLY, IT SEEMS LIKE THE SEATING ELEMENT IS VERY MUCH A CUSTOMER FOCUSED, UH, AMENITY.
AND, UH, AND IT SAVES TIME AND LABOR FROM THE PEOPLE, THE STAFF MOVING IT AROUND, WHICH IS A, UH, AN EFFICIENCY AS WELL.
UM, THAT'S SOMETHING FOR COUNCIL TO CONSIDER IS IF WE WANT TO ACCELERATE AND DO THAT THIS YEAR ALSO, IS THAT A REPLACEMENT? IS THAT WHAT WE'RE TALKING ABOUT ON THE SEATING ELEMENTS? YES.
BECAUSE IT'S NOT GETTING CHEAPER IN THE FUTURE YEARS EITHER.
IS THAT MAKING WHERE IT WOULD BE FIXED OR STILL BE ABLE TO MOVE, MOVE AROUND? IT WOULD STILL HAVE THE, THE, THE FACILITY ITSELF WOULD STILL FUNCTION AS A BLACK BOX, AND THE CONFIGURATION COULD STILL HAVE TO CHANGE.
AND THE CAPACITY OF THE SEATING IS HOW MANY? CURRENTLY? TWO 10.
SO IT'S REPLACING 210 SEATING ELEMENTS.
WE WOULD HAVE THE OPPORTUNITY TO, DEPENDING ON WHICH STRUCTURE WE WENT WITH, TO INCREASE IT BY A LITTLE BIT.
UM, SO TALKING ABOUT SAFETY RAILINGS, THE SECOND LEVEL WOULD BE OPPORTUNITIES FOR US TO INCREASE SEAT AS WELL.
IS THAT THE PURPLE SEAT? YES, SIR.
IT'S A THOUSAND DOLLARS A SEAT.
HOW LONG, HOW OLD ARE THEY? THEY'RE, I THINK THEY, THEY'RE, THEY'RE, IF THEY'RE NOT ORIGINAL TO THE BUILDING, THEY'RE NOT, UM, SEEN SHORTLY THEREAFTER.
YEAH, THEY'RE NOT ACTUALLY, THEY'RE NOT ALL THAT OLD.
THOSE WERE MAYBE 10 YEARS OLD.
I WAS GONNA SAY 13 MILES, BECAUSE THAT, BECAUSE THOSE WERE DONE THROUGH, UH, UH, THE
[02:50:01]
DESKIES DID A BIG DONATION TO, TO FUND A BIG PART OF THOSE, THAT SEATING ELEMENT.AND BECAUSE WHAT WAS IN THERE BEFORE WAS SOME REALLY, IT'S JUST A FOLD UP, VERY RICKETY WOODEN CHAIRS, UH, REALLY UNSAFE.
MOST OF 'EM WERE PRETTY LOOSE.
SO THAT WAS, THAT WAS A BIG UPGRADE FROM WHAT WAS THERE BEFORE.
BUT THERE, BUT THEY'VE NEVER BEEN THAT GREAT IN, IN THAT SPACE THERE.
THEY'RE NOT VERY COMFORTABLE SITTING FOR, FOR A LONG PERIOD OF TIME.
STEVEN, WHEN WE FUND NONPROFITS, WE'RE LIMITED TO A CERTAIN PERCENTAGE OF REVENUE.
WHEN WE FUND THE THEATER, ARE WE LIMITED? NOT FOR, THESE ARE FACILITY IMPROVEMENTS.
SO YOU CAN, FOR INSTANCE, YOU COULD GO OUT AND SELL BONDS FOR FACILITY, YOU KNOW, IMPROVEMENTS IF, IF YOU WANNA, THAT DOESN'T IMPACT THAT 15% THAT'S DEDICATED TO THE ARTS.
THAT'S REALLY, UM, TALKING ABOUT OPERATIONS OR, YOU KNOW, IF YOU'RE FUNDING, YOU KNOW, COUNCIL FUNDS, THE, THE NON-PROFIT GROUPS THAT ARE DOING THE PERFORMANCES, THOSE TYPES OF THINGS.
SO WE'RE NOT LIMITED THEN BY ANY PERCENTAGE.
YOU'RE NOT LIMITED ON FACILITATING THOSE TYPE OF THINGS.
MY, MY POINT REALLY WAS, IS THERE'S SOMETHING ELSE WE WANT TO ACCELERATE.
MAYBE IT'S THE RESTROOMS, MAYBE IT'S THE CHAIRS, THE SEATS OR, AND IF THE SEATS AREN'T THAT NEW, WE MAY NOT WANT REPLACE 'EM.
THIS YOU, AND I'M ASSUMING YOU PUT 'EM IN THERE FOR THE REASON, NOT JUST BECAUSE WE THINK THEY'RE ORIGINAL, BUT THE ACTUAL FUNCTIONALITY AND, AND JUST, UH, AND THE, UH, THE STATE THAT THEY'RE IN IS, NEEDS TO BE CONSIDERED FOR REPLACEMENT.
SO WE MAY OR MAY NOT WANT TO SPEND THE MONEY, EXTRA MONEY.
UM, THE GREEN ROOM IS NOT A HUGE EXPENSE.
UM, AND THERE'S A LOT OF ROOM FOR IMPROVEMENT THERE.
UM, BASICALLY THE ACTORS ARE, ARE, ARE, YOU KNOW, IT'S THEIR OWN PERSONAL ROOM BEFORE THEY GO OUT.
AND, AND IF WE WANT TO GET, UH, MORE PREMIUM PERFORMANCES WITH, WITH BETTER PERFORMERS, THE CURRENT GREEN ROOM IS, IS, I DON'T THINK IT'S UP TO STANDARDS.
UM, BUT TO ME THAT'S A, THAT'S AN EASY ONE TO LIKE BRING FORWARD.
AND THEN ON THE SAFETY RAILINGS FOR THE SECOND FLOOR, HAVE WE GOT, WE HAVE SEATING, LIKE ONCE WE GET THOSE RAILINGS IN THERE, DO WE HAVE SEATING? UM, WE'VE LOOKED AT OPTIONS.
CAN WE USE, WE LOOKED AT OPTIONS FOR THAT.
JUST MAKING SURE THAT WE HAVE SIGHT LINES TO THE STAGE, UM, AND KEEPING IT FLEXIBLE TO THE BLACK, STAYING TRUE TO THE BLACK BOX LAYOUT OF THE SPACE.
AND SO WE'VE LOOKED AT OPTIONS FOR THAT.
SO DO WE HAVE SEATING OR NO, CURRENTLY? NO, SIR.
I, I, I LIKE THE IDEA OF THE SAFETY RAILINGS, AND I LIKE THE IDEA GETTING SEATS FOR THOSE SECOND FLOORS.
ONE, THEY'RE NEEDED, BUT, BUT THEY DRIVE REVENUE, SO THEY WOULD LIKE BRING REVENUE WITH 'EM.
UM, AND FOR ME, THAT WOULD BE LIKE A COOL PLACE.
I PAY EXTRA TO KIND OF SIT UP, SIT UP THERE AND LOOK DOWN.
I JUST, SO I, I LOVE ANYTHING THAT, THAT WE DON'T HAVE.
AND IT GETS THAT ACTIVATED, BUT ALSO SOMETHING THAT'S GONNA BRING DECENT, DECENT REVENUE, DRIVE REVENUE INTO THE, INTO THE THEATER.
IS THERE NOT A DA CONCERNS WITH THAT? UM, YOU MENTIONED BEFORE WHAT I SUGGESTED DIFFERENT AREAS UPSTAIRS THAT WE COULDN'T DO THAT BECAUSE IT WASN'T ADA A COMPLIANT BECAUSE WE DIDN'T HAVE AN ELEVATOR.
THERE ARE ADAS THAT ARE REQUIRED AS PART OF THE LAYOUT OF THE FACILITY.
AND THOSE ARE AT FLOOR LEVEL INSIDE MAIN.
SO THAT WOULD, THAT WOULD SUFFICE.
THERE'S NO DOUBT ABOUT THAT, IS THERE, BUT IT'S JUST WOR I MEAN, AND IT IS AN UGLY TONGUE.
IS THERE, IS THERE NOT AN OPTION TO REFURBISH RE REUPHOLSTER REUPHOLSTER REPRE PAD REWORK THE MECHANISM? THE MECHANISM PIECE? NO.
THAT ACTUALLY GETS TAKEN APART AND PUT TOGETHER ONE PIECE AT A TIME.
THERE'S NOT A WORKAROUND TO, IT IS AN OLDER SEATING ELEMENT, EVEN THOUGH IT'S NOT ORIGINAL TO THE BUILDING.
AND SO THE PIECES AND PARTS, WE ARE ACTUALLY RECYCLING PIECES AND PARTS CURRENTLY TO MAKE SURE THAT THE STRUCTURE IS SAFE AND SOUND.
SO THERE'S NO PARTS AVAILABLE AS THAT WERE EVEN A PROFESSIONAL COMPANY TO REFURBISH THOSE.
I MEAN, IT WOULD BE DIFFERENT IF WE PUT A LOT OF FANNIE IN THOSE SEATS, BUT WE JUST DON'T PUT MANY PEOPLE IN 'EM.
SO I'M LOOKING AT THE PLUMBING EXPENSES.
I'M NOT A CONTRACTOR, BUT IF YOU'RE LOOKING AT THE FOUR, THERE'S FOUR DIFFERENT LINE ITEMS THAT WOULD RELATE TO A PLUMBER, CONCESSION SINK, LOBBY RESTROOMS, CREW RESTROOMS. WOULD WE GET A BETTER BID PRICE IF THAT WAS AN ALL ONE? BRINGING A CONTRACTOR OR CONTRACTOR ON BOARD TO DO THE PLUMBING VERSUS PIECEMEALING IT OUT OVER THREE YEARS? THERE'S, THERE'S A POSSIBILITY THAT THE MORE EACH TIME THEY HAVE TO MOBILIZE AND COME OUT.
[02:55:01]
GOES WITH IT.SO IF IT WAS ALL, IF IT WAS ONE PACKAGE OR TWO PACKAGES VERSUS THREE PACKAGES, THAT'S FROM MY MIND.
I WOULD LOVE TO KNOW WHAT THE COST LOOK LIKE.
I WOULD LIKE TO KNOW IF WE, IF WE'VE NOT EXPLORED IT TO EXPLORE THAT.
BECAUSE THAT'S A LOT OF MONEY FOR ONE REASON FOR PLUMBING.
AND YOU'RE HAVING FOUR DIFFERENT BREAKOUTS FROM THE, AND WHAT WE HAD TO, TO OBTAIN THESE PRICES, WE HAD CONTRACTORS COME AND WE, WE BID THEM ALL A CAR.
WE DID NOT KNOW HOW THAT WAS GOING TO WORK.
BUT THERE IS, WELL, YOU GOT TWO THINGS.
THIS STRETCHES OVER TIME, THE PRICES WILL GO UP AND PROBABLY EAT UP SOME OF THAT EFFICIENCY, MOBILIZATION, ECONOMY, AGREED SCALE.
UM, THE, THE, THE RESTROOMS ARE, OUR INTENT IS TO TRY NOT TO MOVE LIMITED MOVEMENT OF, OF PLUMBING.
BUT, UH, PARTICULARLY THE SINKS THOUGH, THOSE ARE JUST BECAUSE OF THE WAY THEY'RE, THEY'RE MADE, IF YOU NOTICE HOW THEY, THEY'RE KIND OF ONE UNIT THAT ARE BUILT IN THAT HAVE ELECTRICAL AND PL AND WATERING IN THE SAME UNIT THAT REALLY HAS TO, TO GO AND CHANGE COMPLIANT.
SO, BUT AS FAR AS HAVING TO TRENCH THE SLAB AND MOVE, YOU KNOW, SHOWERS AROUND OR MOWS AND THOSE KIND OF THINGS, WE'RE REALLY TRYING TO AVOID THAT THROUGH THE DESIGN THAT COSTS YEAH.
BUT THE, THE SINKS ARE A HUGE ONE.
AND THEN IN THE, THE, THE DRESSING ROOM RESTROOMS ARE, I'M NOT A BIG PERSON.
I HAVE TO TURN SIDEWAYS TO, YOU KNOW, TO, TO GET IN THEM.
SO YEAH, THAT, UH, THOSE NEEDLE RE REALIGNMENT.
SO CAN YOU TELL ME A LITTLE MORE, I, I DON'T THINK I'VE BEEN IN ANY OF THOSE RESTROOMS. ARE THE LOBBY RESTROOMS JUST TWO LARGE ONES? ARE THEY CAST RESTROOMS? A BUNCH OF LITTLE ONES.
AND THEN THE, BECAUSE THEY'RE ALL DIFFERENT PRICES.
SO THE, THE LOBBY RESTROOMS, YOU HAVE MALE AND FEMALE ON BOTH THE FIRST AND SECOND, SECOND FLOOR.
AND THEN IN THE DRESSING ROOMS YOU HAVE THESE KIND OF LITTLE, UH, SINK MODE SHOWER.
IT IS ALMOST LIKE A CLOSET, JUST KIND OF IN A, IN A CORNER WITH A DOOR.
AND THE DOOR AREN'T EVEN LIKE SLIDE.
THEY DON'T OPEN, YOU KNOW, IT'S, THAT'S HOW TIGHT, YOU KNOW, WE'RE JUST GONNA NO, WE'RE, WELL, WHICH WE WILL HAVE TO MEET CERTAIN A DA STANDARDS IN CODE.
SO SOME OF THAT MAY BE ONE OF THOSE SHOWER FIELDS AWAY.
SO THAT WE NEED HOW MANY OF THOSE RESTROOMS I, THERE ARE, I JUST THINK THERE'S SIX RESTROOMS. SIX, BUT, AND THERE'S, THERE'S, I, I ALWAYS GET CONFUSED BECAUSE THERE'S LIKE A, A MOVING WALL THAT YOU GO, WELL, IT'S ONE ROOM, BUT IT'S TWO DRESSING ROOMS. SO THAT'S WHY I WANTED TO MAKE SURE I I SAID IT CORRECTLY.
UH, AND THEN THE, THE CAST RESTROOM IS JUST A SINGLE, SINGLE, SINGLE WITH A SHOWER.
SO THERE WAS A, HAS NOTHING TO DO WITH THIS, BUT IT HAS TO DO WITH THE SWIMMING POOL AND THE BATHROOMS THERE.
THERE'S A $60,000 ITEM FOR, UH, DESIGN.
IS IT, DOES THIS INCLUDE DESIGN AND LABOR, OR ARE, SO AGAIN, HAVING, WE HAD A NUMBER OF CONTRACTORS THAT, THAT WE TRUST, UH, TO, TO COME OUT AND LOOKED AT THINGS LIKE THE CODE.
SO WE BELIEVE WE CAN INCORPORATE THE DESIGN THAT NEEDS TO BE DONE.
WE WILL NEED TO GET AN ARCHITECT TO STAMP SOME OF THE PLANS, PARTICULARLY THE LARGER RESTROOMS. THE OTHER WORK IS REALLY JUST BASIC REMODEL, CHANGING LIGHTING, CHANGING THAT TYPE OF STUFF.
BUT TO GET THROUGH THE BUILDING DEPARTMENT, UM, AND GET, YOU KNOW, ALL THE PERMITS AND EVERYTHING THAT WE NEED, WE'RE GONNA NEED SOME ARCHITECTURAL STAMPS, PARTICULARLY ON LOBBY RESTROOM.
AND THAT'S HALF, AND THAT'S TYPICAL.
IT'S ABOUT 10% OF THE, OF THE COST OF THE PROJECT.
WELL, THOSE PLUMBING ITEMS LIKE SIDE, IT'S HALF THE TOTAL COSTS MUCH
THAT CONTRACTOR IS GONNA PIECEMEAL IT HIGHER IF YOU BREAK IT APART.
IT'S GOTTA BE CHEAPER IF YOU'RE BUNDLING IT.
SO IN PRIORITY, WHAT ARE THE BIGGEST IMPACT PROJECTS ON ALL OF THOSE UP THERE? UH, YOU KNOW, I THINK THEY'RE ALL, THE TRUTH IS THEY'RE ALL WORTHWHILE.
EVEN AS WE WERE SITTING DOWN TRYING TO DECIDE WHICH ONES WE WANTED TO PUT IN, WHICH YEAR IT WAS DIFFICULT.
SO WE RIPPED A LOT OF THE REASON THEY'RE IN WHICHEVER YEAR IS, 'CAUSE WE WERE TRYING TO GET TO THAT EVEN AMOUNT OKAY.
SO CERTAINLY JUMP IN, BUT THEY'RE ALL IMPORTANT.
AND IF YOU MOVE ONE UP, THAT WAS IN 28 TO 26, I THINK IT WOULD CERTAINLY BE JUSTIFIED.
UM, BUT JUMP IN, HAVE ANYTHING ELSE.
AND SO THE FUND'S GONNA HAVE LIKE, THE EXTRA SURPLUS ABOVE THAT 25% IS LIKE TWO AND A HALF MILLION DOLLARS EXTRA IN BETWEEN.
SO THIS IS, THIS IS AN ASSET THAT WE REALLY WANT TO PROMOTE.
WE WANT THE USERS TO WANT TO USE IT.
MEANING THAT'S THE COMPANIES, THE ACTS AND THE, THE RENTERS.
AND THEN WE WANT THE CUSTOMERS TO COME WATCH 'EM.
SO IF, IF WE WANT THIS TO BE SUCCESSFUL, AN INVESTMENT WOULD BE IN ORDER.
[03:00:01]
AND THAT'S, YOU KNOW, WE, AND WE CAN JUST EVEN IT OUT 200 SOMETHING THOUSAND A YEAR.OR WE CAN EXTRA SPEND MORE MONEY ALMOST FOR SPENDING MORE OF IT IF IT MAKES SENSE.
'CAUSE WE'VE GOT, WE'VE GOT THE MONEY SITTING THERE IN THE BANK, RIGHT.
AND I, I FEEL LIKE IT'S GOING TO, YOU KNOW, WE'RE GONNA HAVE THE REVENUE COME BACK.
PART OF IT, I THE MONEY ON THE, PUT IT ON.
THERE'S ONE OTHER BENEFIT OF, OF SIMULTANEOUS WORK IS THE FACILITY'S DOWN LAST TIME.
SO INSTEAD OF TAKING THE REST, YOU KNOW, THE LOBBY REGISTER INVOLVED AND THEN LATER TAKING THE CASH REGISTER INVOLVED, YOU, YOU WOULD BE IMPACTING THE BUILDING.
IF YOU HAD ALL THE TRADES IN THERE DOING THINGS AT, AT ONE TIME, YOU, YOU HAVE LESS, LESS DOWNTIME REQUIREMENT.
HAVE WE EVER LOOKED AT PUTTING AN ELEVATOR IN THAT BUILDING? I'M SURPRISED THERE'S NOT ONE IN THERE WHEN YOU'RE BUILT.
BUT HAVE WE EVER LOOKED AT PUTTING AN ELEVATOR IN? NOT IN MY TIME HERE, SIR.
I, I DON'T WHERE WE COULD USE THE SPACE.
I DON'T THINK THERE'S THE SAME NEED.
'CAUSE YOU CAN JUST HAVE ALL THE, NOT THE NOT PEOPLE THAT NEED ELEVATORS JUST ON THE FIRST FLOOR.
'CAUSE THAT'S WHERE 80% OF THE CAPACITY IS A 90.
WELL, JUST GOING BACK TO OUR TASTE DISCUSSION AND NOT BEING ABLE TO USE THAT UPSTAIRS SPACE BECAUSE IT'S, THERE'S NO WAY OF GETTING IT WOULD MAKE THE WHOLE FACILITY MORE USABLE FOR DIFFERENT THINGS OTHER THAN JUST A THEATER.
SO IS, IS THERE A RECOMME JUST A LOT OF DISCUSSION.
IS THERE ANY RECOMMENDATION FROM SOMEBODY THAT, UH, THAT YOU'RE LOOKING TO DO? BECAUSE I'M OKAY WITH THE PHASED APPROACH THAT THEY'VE DONE, BUT IF YOU GUYS WANNA DO SOMETHING DIFFERENT, I WOULD LOVE TO MOVE THAT 12,000 FOR THE GREEN ROOM AND GET IT DONE THIS, THIS BY YEAR.
AND I'D LIKE TO SEE THE, ALL THE PLUMBING COMPONENTS OVER THE THREE YEARS.
REEVALUATE IT AND SEE WHAT THAT NUMBER LOOKS LIKE TO COMPRESS IT INTO ONE, IF NOT ONLY TWO YEARS.
NOT DRAGGED OUT OVER THREE YEARS.
SO YOU'RE TALKING ABOUT CA RESTROOMS? YEAH.
CONCESSION STANDARD SINK CONCESSION.
WHAT ABOUT THE SEATING ELEMENT? YEP.
WHAT ABOUT SEAT ELEMENT ABOUT THIS? THAT'S A, THAT'S LIKE A FURNITURE QUESTION FOR HOWARD.
I, AND WE HAVE THE MONEY SITTING ON THE FUND.
WHY DON'T JUST DO IT ALL? YEAH.
BECAUSE IT, IT IS ONLY GONNA GO UP MORE FURNITURE'S ONLY GONNA GET MORE EXPENSIVE, ESPECIALLY IF SO WHAT, WHAT, WHAT'S YOUR FEEL ON I'D LIKE TO REFURBISH IT, BUT CAN'T DO THAT AGAIN.
THEY, THEY'RE JUST NOT THAT COMFORTABLE EITHER THOUGH.
THOSE, THOSE, THOSE SEATS ARE NOT, IF YOU SIT UP FOR THE LAKE OF, OF A PLAY.
I I IT'S UNCOMFORTABLE FOR THOSE.
I HAVE A QUICK QUESTION ON THE, ON THE CONCESSION STAND SINK.
IS THAT WHAT'S GONNA BE PART, IS THAT PART OF THE BAR? YES AND NO.
SO WE'RE NOT CURRENTLY IN COMPLIANCE WITH, UM, ENVIRONMENTAL HEALTH AS FAR AS THE REQUIREMENTS WHEN WE WERE SETTING UP AND SELLING.
AND SO THAT WAS REALIZED THIS PAST YEAR WHEN WE STARTED ACTIVATING THE SPACE MORE.
WE'RE REQUIRED TO HAVE THREE COMPONENTS IN SYNC AND IF LESLIE'S HERE, SHE MIGHT BE ABLE TO SPEAK MORE FULLY TO THAT.
SO RIGHT NOW WE'RE DOING NATURE.
THE BOTTOM FLOOR OF THAT BOX OFFICE, THOUGH YOU CAN SPEAK TO THAT, AROUND WHAT THAT WOULD LOOK LIKE TO BRING SUCH CODE.
WELL, THERE'S AN INTERESTING, THE, THE FOUNTAIN THAT'S OUT IN THE COURTYARD, THE, THE POOL EQUIPMENT, THE PUMP IS ACTUALLY IN, IN THAT SPACE, UH, BEHIND THE CONCESSION STAND.
UH, BUT YEAH, PER FOR CODE, THEY NEED A, A THREE PART SINK THAT'S AS BIG AS THE LARGEST THING THAT THEY WOULD NEED TO WASH, WHICH MY COFFEE POT, WE'VE IDENTIFIED THE SINK.
WE HAD WENT THROUGH, UH, SANDRA, SANDRA AND MADE SURE THAT WAS GONNA CODE, LOOKED AT WHAT PLUMBING EXISTED IN THAT SPACE AND THEN GOT THE QUOTES AND WE'RE ABLE TO, WE'RE ABLE TO MAKE THAT WORK.
UH, BUT ONE OF THE REASONS IT'S A LITTLE PRICIER IS IT HAS TO BE A COMMERCIAL STAINLESS STEEL SINK.
AND WHERE THAT FULL PLUMBING EQUIPMENT IS THAT IT HAS A DOOR THAT WE'RE GONNA HAVE TO CHANGE IT OUT TO LIKE OUR ROLL UP DOOR SO THAT WE CAN GET IN AND SERVICE THAT EQUIPMENT AND SEPARATE IT FROM THIS STUFF.
SO THERE'S A LITTLE BIT OF CONSTRUCTION.
THERE'S A, YOU KNOW, SEVERAL THOUSAND DOLLARS ROLL UP DOOR, UH, THAT HAS TO GO IN THERE.
AND THEN THE, THE COMMERCIAL STYLE SINK AND SOME PLUMBING WORK.
UH, BUT THEN THAT WOULD MAKE THEM COMPLIANT.
WELL THE WHERE I WAS GOING WITH THAT WAS, WAS THERE ANY THOUGHT GIVEN DURING THIS PROCESS TO MAKE A MORE SUBSTANTIAL BAR? UM, JUST BECAUSE, YOU KNOW, WE'RE, WE'RE TRYING TO GROW THE KNIGHTS.
WE WANT TO RUN MORE PEOPLE THROUGH.
AND IF YOU'VE EVER BEEN TO A SHOW, THERE'S REALLY NOT A LOT OF ROOM TO MIX A COCKTAIL.
AND THERE'S, THERE'S REALLY NOT ROOM FOR TWO FOLKS.
DID YOU GIVE ANY THOUGHT TO DOING A MORE SUBSTANTIAL
[03:05:01]
BAR? YES.IT'S SOMETHING THAT'S A LITTLE MORE PERMANENT AND NOT, THAT JUST KIND OF MOVES AROUND.
UM, THE TEMPORARY BAR THAT WE'RE USING, IF YOU WILL, MORE IN COMPLIANCE, WE WANTED TO BRING THAT.
UM, BUT THE ACTUAL GAPS WHERE WE REQUIRE STRUCTURAL CHANGE TO THE FACILITY, NOT NECESSARILY JUST SOMETHING THAT WE COULD PUT INTO THE DECISION PACKAGE, BUT, BUT WE COULD COME BACK WITH ESTIMATE WHAT THAT MIGHT LOOK LIKE.
I I THINK THAT WOULD REALLY BE HELPFUL.
IT MIGHT GROW THE REVENUE A LITTLE BIT AND, UM, YOU KNOW, SPEED UP THAT PROCESS.
'CAUSE IF YOU GET IN THE BACK OF THAT LINE, I MEAN, BY THE TIME WE GET TO THE FRONT, YOU'RE REALLY PUSHING IT TO GET IN BACK IN THE THEATER.
SO, JUST A THOUGHT, BUT THANK YOU.
SO IS THIS SOMETHING WE SHOULD LOOK AT NEXT WEEK THEN? YEAH, WE, WE WILL BRING THIS BACK.
CAN YOU UPDATE THE PROJECTION ALSO? YES.
WITH ALL OF THEM IN THERE, BUT YES, WITH ALL OF THEM IN THERE.
THE SECOND DECISION PACKAGE IS AROUND, UM, MAJOR THEATER PROJECTS ARE MADE.
THIS IS ACTUALLY, UM, THIS IS A RECURRING DECISION PACKAGE THAT COMES FORWARD.
IT USED TO BE PART, UM, OF THE ACTUAL BUDGET PRE COVID AND THEN COVID HAPPENED AND THE FACILITY CLOSED DURING THAT PERIOD OF TIME.
AND SO IT COMES BACK AS A DECISION PACKAGE EACH YEAR.
IT'S COME BACK AS A DECISION PACKAGE EACH YEAR.
UM, WE ACTUALLY USE THIS FUND FOR, UM, MAINTENANCE ON EQUIPMENT THAT WE HAVE.
WE HAVE A FORKLIFT, WE HAVE TWO FORKLIFTS THAT ARE THERE IN THE FACILITY.
AND SO THIS FUND HELPS US LOT TO KEEP UP WITH MAINTENANCE ON THAT PIECE OF EQUIPMENT.
IT ALSO HELPS US TO REPLACE ITEMS BECAUSE A LOT OF THE STRUCTURES ARE ORIGINAL TO THE BUILDING.
THERE ARE A LOT OF, UM, STRUCTURES THAT ARE, ARE DISCONTINUED.
AND SO WE USE A PORTION OF THIS FINDING TO REPLACE AND REPLENISH SOME OF THOSE SMALLER STRUCTURES AS WELL.
AND THE MODEL INCLUDES THIS, I'M SORRY? THE MODEL INCLUDES THIS? YES, IT DOES.
I'LL GO OVER A, A SHORT SUMMARY OF, UH, OF THE, THE TOTAL, UH, OF THE ADDISON PERFORMING ARTS CENTER.
SO THIS IS, THIS IS REALLY JUST A, A MEASURE OF TO MAKE SURE THAT WE'RE STAYING, YOU KNOW, UNDER THE CAP THAT WE ARE CAP WITH HOW MUCH HOTEL TAX THAT WE CAN, WE CAN APPLY TO, TO PERFORMING ARTS.
SO, UH, WHICH IS 15% OF OUR HOTEL TAX.
SO RENTAL INCOME, UH, BEING GENERATED BY THE FACILITY, 120,000, UM, OPERATING EXPENDITURES.
AND I'LL GET INTO THE, UH, THE PERFORMING ARTS RECOMMENDATIONS, UM, IN A SUBSEQUENT SLIDE.
UM, SO THAT THE NET INVESTMENT THERE IS $847,000 OF HOTEL TAX.
THAT 15% CASH, WHICH IS OUR MAXIMUM, IS 851,000.
SO, UH, A LITTLE LESS THAN 5,000 BELOW THAT MAXIMUM, UH, FOR THE PERFORMING ARTS CENTER.
UH, SO WHAT'S IN THIS, UH, WHAT'S IN THE, UH, PROPOSED BUDGET IS, UH, RECOMMENDATIONS THAT CAME FROM THE COMMUNITY PARTNERSHIP SUBCOMMITTEE.
AND, UH, GOING THROUGH EACH OF THESE, UH, ORGANIZATIONS, THERE WERE TWO THAT HAD BEEN FUNDED PREVIOUSLY.
UH, THIS HAS BEEN AN OPEN PROCESS FOR THE LAST COUPLE OF YEARS, UH, WHERE WE'VE SOLICITED, UH, OTHER APPLICATIONS FROM ENTITIES THAT MAY HAVE NOT GOTTEN FUNDING OR HAD THE OPPORTUNITY TO GET FUNDING IN THE PAST.
SO, UH, WHAT CAME FROM THE SUBCOMMITTEE WAS A RECOMMENDATION THAT, UH, FUNDING BE PROVIDED TO OUTCRY THEATER IN THE AMOUNT OF $10,000.
UH, WATER TOWER THEATER IS THE SAME AS THE CURRENT FISCAL YEAR AT $340,000 IN CASH.
AND THEN THERE'S 40,000 P TIME FUNDING, UH, FOR THEM.
UH, PLAINTIFF'S SYMPHONY ORCHESTRA AT 10,000.
AND THEN TOWN CURATED PROGRAM, THAT'S BASICALLY THE TOWN FINDING PERFORMERS AND, UH, FILLING THE SPACE, UH, $40,000
ANY QUESTIONS? DO WE WANNA GO OVER ANY OF THESE BEFORE WE, WE MOVE ON TO THE OVERALL FUND SUMMARY? WHAT, WHAT DOES THE PARTICIPATION LOOK LIKE WITH THOSE NEW ONES ON THERE? I DON'T KNOW.
SO, YOU KNOW, WE, WE PUT THIS GROUP TOGETHER.
IT WAS, UM, BRUCE, MYSELF, MARLON, AND WE SAT THROUGH PRESENTATIONS OF ALL THESE GROUPS AND THE THINKING ON SOME OF THESE, UM, LIKE OUTCRY FOR EXAMPLE, YOU KNOW, REALLY TRYING TO GROW THE KNIGHTS.
UM, THERE'S THE MAIN STAGE AND THEN THE STUDIO, UM, OUTCRY
[03:10:01]
IS REALLY GOING TO BE THE RESIDENT, YOU CAN TELL ME IF I'M WRONG, ABBY, BUT LIKE THE RESIDENT THEATER FOR THE, UM, STUDIO.UM, WE ALL KNOW WATER TOWER THEATER.
THE CLASSICS WAS REALLY INTERESTING TO ME.
HOW MANY NIGHTS ARE THEY THINKING THEY'RE GONNA GIVE THE THEATER DURING, IN THEIR APPLICATION? THEY SAID DEPENDING ON THEIR FUNDING COULD BE OBTAINED.
SO THEY ASKED FOR A SIGNIFICANT AMOUNT OF MONEY, UM, A LOT MORE THAN WE FUNDED THEM.
BUT, UM, I THINK IT'LL BE PRETTY INTERESTING TO SEE WHAT THEY CAN DO WITH 10,000.
SO, UM, I MEAN, I THINK THEY CAME TO US AND SAID THEY COULD DO LIKE 40 OR 50 NIGHTS.
SO THAT WAS KIND OF THE THINKING FUND.
THE GROUPS THAT WE THOUGHT CAN REALLY HAVE AN IMPACT AND GROW THE AMOUNT OF NIGHTS.
SO, SO THEY'RE GONNA BE 40 OR 50 NIGHTS FOR 10,000? WELL, SO THEIR, THEIR SHOWS ARE A LOT SMALLER AND THEY'RE GONNA BE ON THE STUDIO AND THEY'RE GONNA BE IN THE STONE COTTAGE.
HOW MANY NIGHTS ARE WE GONNA GIVE FOR 380,000, 41? DOES THAT SOUND RIGHT? WE, WE HAD THAT CONVERSATION.
UM, IN MY RESEARCH, THERE'S NOT A CITY AROUND US THAT APPROACHES THAT TYPE FUNDING FOR A THEATER, FOR A, FOR A COMPANY TO COME INTO THEIR THEATER.
WE FEEL LIKE WE HAD A RELATIONSHIP WITH THEM FOR A REALLY LONG TIME.
YOU KNOW, THE, THE QUARTER OF THEIR SHOWS IS TOP NOTCH.
UM, YOU KNOW, YOU GUYS JUMPED IN AT ANY TIME, BUT THEY ASKED FOR A WHOLE LOT MORE THAN WE FUNDED.
UM, YOU KNOW, THEY'RE GONNA HAVE TO STEP UP.
WE, WE IN THE PAST HAVE ASKED THEM HERE RECENTLY TO HAVE MORE AS IN THE RESIDENTS ON THEIR BOARD.
WE'RE HOPING THAT, UM, HAS AN IMPACT ON, ON THEIR PERFORMANCE AND THEIR ABILITY TO RAISE FUNDS.
UM, WHAT, WHAT BENEFIT DO THE CITIZENS OF ADDISON GET FROM THAT, OTHER THAN HAVING A THEATER IN TOWN? DO WE DO THE, DO THE, DO THE RESIDENTS GET DISCOUNTED TICKETS, FREE TICKETS, IF, WHAT'S THE, WHAT IS THE BENEFIT TO A CITIZEN IN ADDISON? YEAH, I WANNA MAKE SURE, ARE YOU TALKING ABOUT WATER TOWER THEATER OR ARE YOU TALKING ABOUT EVERYTHING? WELL, I'M TALKING ABOUT FOR THE 380,000, I'M ASSUMING THAT GOES WATER TOWER.
THEY DO PROVIDE, UM, THEY APPLIED, UM, THEY ACTUALLY, UM, PROVIDE EMPLOYEE TICKETS AS WELL AS, UM, RESIDENT TICKETS AS WELL AT OUR ROTATION.
I SHARED THIS THE OTHER DAY WITH, WITH THE, WITH THE DIRECTOR OVER WHATEVER HIS NAME IS.
CAN I ASK HIM POINT BLANK, HOW MANY ADDISON RESIDENTS ARE CLIENTELE OF HIS THEATERS? AND HIS ANSWER WAS, WELL IT'S IT'S IN THE DOUBLE DIGITS.
SO IS THAT 10 OR IS THAT 99? HE JUST SAID DOUBLE DIGITS.
UM, THERE AGAIN, WE'RE ENTERTAINING THE NEIGHBORHOOD, BUT THAT'S PART OF THE, BUT THAT'S PART OF THE REASON FOR IT, RANDY, IS TO BRING FOLKS TO ADDISON.
BUT WHAT DO WE GET FROM FUND? WE'RE GIVING 'EM $380,000 PUT IN PLACE.
HOW MUCH OF THE TICKET INCOME DO WE GET? WHERE, WHERE DOES THE TICKET INCOME GO? SOMETHING IF I BUY A TICKET FOR, I DON'T KNOW WHAT THE PRICE IS OVER THERE.
38 $40 PROBABLY GOES TO WHERE DOES THAT $40 GO TO? IT GOES TO WATER TOWER.
WHAT SEEMS TO ME LIKE LU BE GETTING A 20% CUT OF THAT.
IF WE'RE TALKING ABOUT, UH, WHO, WHO GETS THE, UM, WHO DOES THE, UM, CONCESSIONS AND WHO GETS THE MONEY FROM THE CONCESSIONS? IS THAT US? IT'S THIRD PARTY VENDOR.
OUR CURRENT VENDOR IS WATER TOWER.
SO THEY RECEIVE, SO THEY GET ALL THE CONCESSIONS IS WELL, YES SIR.
WHO PAYS THE ELECTRIC BILL THERE? THE HOUSE? WHO DOES THE MAINTENANCE ON THAT BUILDING? THE TOWN? WHO'S GONNA DO $680,000 WORTH OF RENOVATIONS FOR THAT BUILDING FOR THAT'S THIS, THIS DOESN'T MAKE SENSE TO ME EITHER.
BUT THEY'RE NOT THE ONLY BENEFICIARY OF, OF THE INVESTMENTS THAT WE'RE GONNA MAKE.
I, THIS IS ONE OF THOSE THINGS THAT I DO.
I WOULD LIKE TO TRY, TRY MEANING GROWING THE NIGHTS AT THE THEATER, TRY TO MAKE IT A DESTINATION.
UM, GET PEOPLE COMING TO THE THEATER TO GO TO DINNER.
[03:15:01]
YOU KNOW, I AGREE.THAT HAVE COCKTAILS AFTERWARDS.
I I STRUGGLE SOMETIMES TOO WITH IT.
'CAUSE I UNDERSTAND WHERE YOU'RE COMING FROM.
I DON'T KNOW WHAT YOU DO IF YOU LOSE WATER TOWER THEATER THOUGH.
UM, AGAIN, BACK TO WHAT I SAID, QUALITY ORGANIZATION, THEY PUT ON A GREAT PRODUCT.
UM, IF YOU LOSE THEM, I, I DON'T KNOW WHERE ELSE YOU GO.
WELL, MY HOUSEHOLD IS A TICKET, A SEASON TICKET HOLDER IN TWO OTHER VENUES, NOT HERE.
'CAUSE THEY DON'T ENJOY THE PLAYS THERE.
BUT THAT'S, THAT'S NEITHER HERE NOR THERE.
I HEAR GREAT THINGS ABOUT RICHARDSON.
I HEAR GREAT THINGS ABOUT THE, THE THEATER AND FARMER'S BRANCH.
AND NEITHER OF THOSE TOWNS COME CLOSE TO THIS TYPE GIVEAWAY FOR A A THEATER COMPANY.
WE, I JUST THINK WE NEED TO START LOOKING AT IT AT OUR MONEY A LITTLE BIT CLOSER ON THIS TYPE OF STUFF.
I I I FAR MORE, AND TRUST ME, WE DID.
I, I MEAN, AND TRUST ME, WE DID.
I WOULD BE FAR MORE IN FAVOR OF A FUNDING PLAN THAT'S MORE OF A MATCH.
DO WE HAVE THEM GO OUT AND GET SOME FUNDING AND WE MATCH WHAT THEY GET.
SOMETHING TO BE CREATIVE IN THERE.
1600 PEOPLE WENT TO THE ACROBATS DURING TASTE.
ISN'T THAT, ISN'T THAT WHAT I SAW LAST NIGHT? LET'S GET SOME ACROBATS IN THERE.
I DON'T BELIEVE THEY HAD 1600 PEOPLE THAT WENT TO WATER TOWER ALL LAST YEAR.
THAT IS PART OF OUR TOWN CURATED PROGRAM.
WE, SO THE PROGRAMMING FOR, FOR THE FACILITY DOESN'T JUST CONSTITUTE THE GROUPS THAT YOU SEE LISTED HERE.
UM, THERE WAS A LINE, THE TOWN CURATED PROGRAMS, THAT IS WHAT WE'RE BRINGING TO THE FACILITY THAT'S NOT DEPENDENT ON THE GROUPS THAT ARE BEING FUNDED HERE.
AND ONCE AGAIN, NONE OF THIS IS DIRECTED AT YOU.
AND I KNOW I'M GONNA GET, I KNOW I'M GONNA GET NASTY EMAILS FROM THIS, BUT I'M JUST TRYING TO PROTECT THE TOWN'S MONEY AND SPEND IT WISELY IS ALL I'M TRYING TO DO.
SO YOU'VE BEEN WATCHING THE HISTORY AND THE COUNCIL MEETINGS AND THE DISCUSSION OF THIS? WELL, I, I, IT, IT'S, TO BE HONEST WITH YOU, IT'S KIND OF A TABOO TALK I KNOW WAS TO TALK NASTY ABOUT THE THEATER AND WE TACKLED IT LAST YEAR.
WE OUSTED WATER TOWER AS A LITERAL RESIDENT IN, IN THE BUILDING, IN THE THEATER.
AND HE'S VERY UPSET ABOUT THAT AND TALKED NASTY ABOUT IT IN THE PAPER, BETTY.
IT'S A HARD, IT'S A HARD THING TO DO, RIGHT? HARD THINGS AREN'T EASY.
SO WE STARTED THIS LAST YEAR, WHAT YOU'RE TALKING ABOUT, AND WE STARTED LAST YEAR.
WE STARTED LOOKING AT THIS AND PULLING IT OUT AND, YOU KNOW, WE, WE TOOK HEAT FROM A, A LOT OF THE WATER TOWER, UM, ADVOCATES.
I'M AN, I'M A SEASON TICKET HOLDER.
UM, AND THEY WENT THROUGH A TIME WHEN THEY WERE DOING SOME REALLY, YOU KNOW, NOT, UM, NOT FITTING TYPES OF PROGRAMS FOR THE, THE POPULATION AROUND HERE.
THEY'VE CHANGED THAT AROUND AND THEY'VE GOT A LOT BETTER SHOWS.
SO THAT'S, THAT'S ONE THING THAT I SEE THAT'S, THAT'S A LEGACY THAT PEOPLE HAVE IN THEIR MIND.
YOU KNOW, 5, 10, 7 YEAR LEGACY.
BUT WE STARTED WHAT YOU'RE TALKING ABOUT.
AND THIS DOESN'T HAVE TO STAY THAT WAY.
YOU KNOW, WE CAN, AND WE HAVE RATCHETED DOWN THE SUPPORT BY FAR, FIRST OF ALL TRYING THEM OUT OF TAKING UP ALL THE SPACE THERE.
BUT THE QUESTION IS, THEY'RE A HEADLINER.
YOU GOTTA FILL IT WITH SOMETHING ELSE.
I MEAN, YOU'RE NOT TALKING ABOUT RIPPING 'EM OUT, YOU'RE ASKING THE QUESTIONS.
BUT IF YOU DO GO TO THE EXTREME OF GENERAL RIPPING 'EM OUT AND HAVING THEM, YOU KNOW, PAY THEIR OWN WAY AND YOU LOSE THEM AND NOW YOU HAVE AN EMPTY THEATER.
SO I SEE MORE OF A TRANSITION, AND THIS IS EXACTLY WHAT THIS IS, IS IT'S A TRANSITION TO, UH, UH, LIGHTING THE THEATER MORE.
BUT DO WE WANT IT TO BE MORE SUSTAINABLE, SELF-SUSTAINABLE? THAT'S A COUNCIL DECISION FOR SURE.
DID I HEAR RIGHT THAT THE CLASSICS FUNDING IS 40 LIT NIGHTS? WE, WE DON'T KNOW.
SO, SO, SO THEY, THEY CAME IN AND SAID WE CAN DO A BUNCH OF PRODUCTIONS AND WE WOULD LOVE IT IF WE RECEIVED 50,000.
AND, AND SO WE LISTENED TO THEIR PRESENTATION AFTERWARDS.
WE MADE DECISIONS AND WE DECIDED UPON 10.
SO IF THIS GETS APPROVED BY COUNSEL, WELL THEN ABBY AND HER TEAM WERE GONNA GO TO THAT AND SAY, HEY, YOU'VE GOT 10.
CAN WE GET DONE? SO WE DON'T, THE ANSWER IS WE DON'T COMPLETELY KNOW.
AND I'M NOT, I'M NOT THE THEATER EXPERT, BUT I'M JUST, THE CURIOSITY WOULD BE IF YOU PULLED 80,000 FROM WATER TOWER ADDITIONAL AND FUNDED OVER THE CLASSICS, THE PLAINTIFF'S SYMPHONY AND THE ACCOLADE, WHAT NIGHTS WOULD THEY BRING IF THEY HAD A HIGHER FUNDING THAN 10 OR $5,000? WHAT DOES, WHAT DO THEIR LIT NIGHTS LOOK LIKE? YEAH, I MEAN, WE HAVE CONCESSIONS AND THEN, AND THEN DRAW OF THE CROWDS.
I'M JUST, I'D BE INTRIGUED 'CAUSE I'M NOT A THEATER GOER.
I'D INTRIGUED TO KNOW WHAT THAT LOOKS LIKE.
[03:20:01]
I KNOW WE'VE GOT A LOT OF STUFF WE'RE DOING, BUT, AND DID YOU SEE ANY OF THE VIDEOS WHERE, WHERE THEY PRESENTED TO US? I DID NOT.UM, ONE OF THE THINGS WE LEARNED IS, IS, UH, THESE VARIOUS GROUPS, OR THEY'RE, UH, FOR A BIG PART, THEY'RE, THEY'RE PERFORMING TO DIFFERENT AUDIENCES.
AND I THINK YOU GUYS CHIME IN, BUT, UM, I THINK WHAT WE LEARNED IS PLANO SYMPHONY ORCHESTRA IS PROBABLY SERVING A SIMILAR AUDIENCE AS WATER TOWER THEATER.
AND IT, YOU KNOW, WE'RE TALKING ABOUT A, A TICKET PRICE OF ABOUT MAYBE 38 $40, SOMEWHERE IN THERE WHERE THE, WHERE THE OTHER ONES, IT'S MORE OF LIKE A $12 TICKET, MORE FAMILY CHILD.
AND, AND IT'S A SMALLER, SMALLER, UH, SCALE STAGE.
THOSE SCALE COMMUNITY THEATERS YEAH.
WHERE WATER TOWER'S A PROFESSIONAL, UM, YEAH.
AND THEY HAVE, THEY HAVE, UH, UNION, UH, PERFORMERS.
VERY DIFFERENT PROFESSIONAL THING.
SO I, IT'S MORE, IT'S MORE PROFESSIONAL VERSUS FAMILY ORIENTED FOR SURE.
AND LIKE THE CLASSICS IS PROVIDING, LIKE I SAID, IS ON THE SMALLER STAGE.
UM, I I, YOU TELL ME IF I'M WRONG, BUT I MEAN, IT'S A DIFFERENT TYPE OF SHOW THAT GOES ON THE MAIN STAGE AND IT'S SOMETHING THAT THEY MIGHT NOT NORMALLY DO.
THEY ARE, UM, ALL OF THE GROUPS THAT YOU SEE LISTED, THERE ARE REGULAR USERS OF THIS, OF THE FACILITY NOW.
NONE OF THEM ARE BRAND NEW TO THE FACILITY AS A WHOLE.
ALL OF THEM HAVE RUN TO THE FACILITY IN THE PAST AS A USER.
UM, NONE OF THE GROUPS LISTED THERE OUTSIDE OF ACCOLADE, OUTCRY, UM, HAVING EVEN ENTERTAINED THE IDEA OF BEING ON THE MAIN STAGE.
TO CHRIS'S POINT, THEY ARE DESIGNED TO BE IN THIS EITHER IN THE STUDIO, UM, AND THE OFFICE ACTUALLY DOES HANDLE PERFORMANCES INSIDE OF THE STONE COTTAGE.
ABBY, CAN YOU TALK A LITTLE BIT ABOUT, UH, THE RENT? WELL, I WAS GONNA ASK, DO WE GET RENT FROM WATER TOWER THEATER? NO, SIR.
IF THEY GO OVER THE, THEIR END TIME, UH, AMOUNT, SO THERE IS A $340,000 IN CASH AND THERE'S AN IN CHIMED AMOUNT.
IF THEY EXCEED THAT, THEY START PAYING US.
DO WE HAVE A BREAKDOWN OF WHERE THAT THREE 80 GOES? HOW MUCH DOES SALARY DOES THE HEAD GUY GET? HOW MUCH WE GET AN AUDIT FINANCIAL? WE, IF WE DO, DO WE GET A COPY OF THAT? MM-HMM.
I THINK IT SHOULD BE IN YOUR I HAVE FOLDER, RIGHT? YEAH.
WE'LL, WE'LL GIVE, WE'LL GIVE IT TO YOU AGAIN IN BACK.
WE'LL, WE'LL MAKE SURE YOU HAVE IT BACK.
I JUST LIKE TO SEE RIGHT NOW WHERE THE MONEY GOES.
AND I WILL, SO, AND I WILL SAY THIS AS YOU, SO WITH WATER TAR, THEY DID ASK FOR MORE MONEY AND THEY SAID THEY WOULD DO ESSENTIALLY FOUR FULL SHOWS THEN ONE KIND OF EXTRA SHOW.
AND OUR INTENT WOULD BE FUNDING HIM AT THREE 80.
WE STILL HAVE THE REQUIREMENT THAT THEY DO WHAT THEY SAID THEY WOULD DO AS FAR AS FOUR SHOWS PLUS THE EXTRA.
AND THAT'S REALLY IN LINE WITH THE STRATEGY THAT WE LAID OUT WHERE WE SAID WE WANT OUR RESIDENT COMPANY TO PROVIDE A THIRD OF THE NIGHTS.
AND I DO THINK A PIECE OF THIS, WHETHER IT'S THROUGH MATCHING OR STICKING TO THIS AND IS, I THINK, AND I DON'T WANNA SPEAK FOR COUNCIL, BUT AS WE WERE HAVING THE CONVERSATIONS, WE DO WANT TO SEE THEM INCREASE THEIR OWN SELF-RELIANCE AND GET THEIR OWN SPONSORSHIPS AND GET THEIR OWN REVENUE SOURCES.
BUT HOW LONG HAVE THEY BEEN THERE AND NOT DONE THAT? I MEAN, THEY, THEY, THEY DON'T HAVE A HISTORY OF DOING THAT.
WELL BEEN GOING DOWN, BUT THEY HAVE BEEN, THEY HAVE DONE BETTER IN THE PAST WHEN COVID, WHEN THE PANDEMIC CAME, WHEN COVID CAME, ALL THESE PERFORMING ARTS GROUPS, WE STILL FUNDED THEM, DIDN'T WE? WE STILL FUNDED 'EM THROUGH COVID.
I'M, I'M TRYING TO TELL YOU SOMETHING HERE.
BUT ALL THE PERFORMING ARTS GROUPS, MOST OF 'EM, MOST OF 'EM NEARLY DIED.
AND SO, UH, SO YEAH, TO YOUR POINT, YEAH, THEY WERE FUNDED DURING THAT TIME AND THEY DID.
THEY DID SOME, UH, THEY DID SOME VIRTUAL, UH, PLAYS AND, BUT, BUT THE, UM, BUT YOU CAN SEE WE'VE REDUCED THAT ALL ALSO.
AND, AND I, AND I GET YOUR POINT.
I, I'VE MADE THE SAME, SAME ARGUMENTS A YEAR AGO.
I'M JUST TRYING TO BE A GOOD STEWARD.
WE'RE ALL TRYING TO PRETTY ROUGH.
IT'S A, IT'S A ROUGH CONVERSATION LAST YEAR.
WASN'T THERE A COMPANY FROM PAULO THAT CAME AND ASKED FOR FUNDING FROM US? I DON'T, I DON'T THINK IT WAS AS PLAINTIFF SYMPHONY.
IT WAS SOMEONE THAT PERFORMED IN PLANO.
WAS THAT OUTCRY? THEY'VE BEEN FUNDED.
SO DID, DID OUTCRY PUT ON PERFORMANCES? JUST NOT ON THE MAIN STAGE THIS PAST YEAR? YES.
AND AND HOW MANY DID WATER TOWER THEATER DO IN THE PAST? WE HAVE A FEW.
IF YOU GO BACK, A FEW SLIDES WENT JUST THREE.
OR IT, IT WASN'T FOUR, WAS IT? WELL, THE LAST,
[03:25:01]
THAT IS LAST YEAR, THEY ENDED UP DOING THREE.UM, WHEN THEY DID THEIR INITIAL PROPOSAL TO US, THEY SAID THEY WOULD DO FOUR AND THEY ENDED UP TO, I MEAN, I'M A FAN OF WATER TOWER.
I THINK WE SHOULD SUPPORT THEM.
HOWEVER, I AGREE WITH RANDY IN THAT IT'S, IT'S A LOT OF MONEY FOR WHAT WE GET BACK IN RETURN.
AND I DON'T KNOW WHAT THE SOLUTION IS, BUT, BUT I THINK WE NEED TO TAKE A HARD LOOK AT IT.
AND, UM, I, I KNOW WE, WE TOOK SOME OF THE SPACE AWAY AND THEY DON'T TAKE OVER THE THEATER.
SO WE HAVE THE CAPACITY NOW FOR OTHER PEOPLE TO COME IN.
IT DOESN'T LOOK LIKE WE HAVE ANYBODY COMING IN TO USE THE MAIN STAGE.
IS THAT, AM I MISSING SOMETHING? WELL, NOT, SO THIS IS JUST ABOUT THE MONEY THAT WE'RE ON, THE GRANTS THAT WE'RE GIVING.
WHAT WE ARE ACTIVELY, NICOLE, OUR THEATER MANAGER, ABBY, ACTIVELY TRYING TO GET FOLKS THAT ARE JUST GONNA COME DO STRAIGHT RENTALS.
AND WE ARE TALKING TO GROUPS THAT WILL COME NOT ASK FOR ANY MONEY AND DO RENTALS.
AND SO THE TOWN CURATED EVENTS CERTAINLY WILL BE ON THE MAIN STAGE, SOME OF THEM.
BUT WE REALLY SEE A LOT OF GROWTH WHEN NICOLE OUT THERE BEATING THE DOORS DOWN TO GET FOLKS IN THERE, JUST RENT IT, NOT ASK FOR MONEY, BUT OPENING THIS, OPENING THE THEATER UP.
THE CONVERSATIONS WE HAD LAST YEAR ARE ALLOWING THAT TO HAPPEN.
DID THE, I WE KNOW WATER TOWER DOESN'T, BUT DID THE OTHER THREE OR FOUR TODAY PAY RENT OR NONE OF THESE PAY RENT? NO, THEY, THE OTHERS DO PAY RENT FOR THIS ONE.
PART OF THIS, I SEE WHAT MY UNDERSTANDING WAS OVER THE PAST, AND THIS IS A PLAN, IS THAT THE RELIANCE ON WATER TOWERS BEING THE DRAW, 'CAUSE IT USED TO BE REFERRED TO AS WATER TOWER THEATER.
IT'S THEON CONFERENCE CENTER, THEATER CENTER.
UM, AND AS WE MOVE FORWARD, WE INCREASE THE USAGE FROM ALL DIFFERENT OTHER USERS.
NOT, I'M NOT SAYING, YOU KNOW, FIVE YEARS DOWN THE ROAD, I'M SAYING TWO AND THREE YEARS DOWN THE ROAD, THEN WE START HOLDING WATER TOWER TO BE MORE SELF-SUSTAINING OR MAYBE FULLY SELF SUSTAINING BECAUSE NOW WE HAVE USERS OF THE THEATER.
THIS IS A TRANSITION, REALLY BIG TRANSITION BECAUSE IT USED TO BE PRETTY MUCH WATER TOWER TO HAD THE WHOLE THEATER 80% OF THE TIME, OF THE WHOLE YEAR.
SO THIS IS A BIG, NOT RIP AND REPLACE, BUT IT'S, IT'S A BIG CHANGE.
WELL IF EVERYONE ELSE IS PAYING RENT AND THEY'RE NOT, AND WE'RE GIVING 'EM $380,000, I'VE ALREADY SAID I'D BE MORE, FAR MORE OF A, A FAN OF MATCHING FUNDS IF THEY GO OUT AND GET DONATIONS AND WE MATCH.
OKAY, BUT OF THIS, SO THERE'S THREE 40 CASH, THREE 40 CASH, WHY ARE WE, CAN WE CONSIDER DOING ANOTHER IN KIND FOR THE RENT THAT THEY OWE US AND TAKE THAT OUT OF THE THREE 40 AS AN IN KIND, IF EVERYONE ELSE IS PAYING RENT, THEY SHOULD BE PAYING RENT AND DO IT.
AND IT'S NOT, THEY DON'T HAVE TO WRITE US A CHECK, BUT THEY'RE NOT THAT.
AND IF WE'RE, IF, IF WE'RE ON THE HOOK TO, I DON'T KNOW, WHY HAVE WE CONSIDERED ADDISON RESIDENTS GETTING COMPLIMENTARY TICKETS TO GO TO THIS THEATER? THEY'LL BUY CONCESSIONS AND THEY'LL GET SOMETHING OFF THE CONCESSIONS RATHER THAN HAVING AN EMPTY SEAT.
MAYBE THERE'S SOME ADDISON RESIDENTS WHO WOULD GO, WHO WAS PART OF THEIR, LIKE THE HEALTH CLUB, YOU GET A MEMBERSHIP, GO TO THE THEATER, SO THEY GET A DISCOUNT AS ABBY'S SHARE.
BUT THEN ALSO WITH THE FUNDING, AND YOU LOOK AT THE, THE SEATS, I MEAN THERE, THERE'S A HUGE DISCOUNT IF YOU FACTOR THAT IN.
RIGHT? LIKE THE TICKET'S LIKE 80, 80 SOMETHING DOLLARS.
SO WE PROVIDE GRANT FUNDING AND BASICALLY THAT GRANT FUNDING HAS AN EFFECT OF LOWERING THE, THE PRICE FOR TICKET THAT THEY'RE, THAT THEY'RE CHARGING TO THE, TO THE CUSTOMER.
SO IF YOU LOOK, IF YOU BREAK DOWN THE GRANT FUNDING FOR TICKET THAT WATER TOWER SELLS, IT'S, IT'S BASICALLY LIKE WE'RE GIVING 'EM $42.
UM, WELL, ISN'T FOR CUSTOMER, ISN'T THAT FOR EVERYONE? IF YOU COME FROM PLANO MM-HMM
WE'RE, WE'RE, IT IS THE SAME THING I'M TALKING ABOUT.
IF YOU'VE GOT AN ADDISON RESIDENT, YOU CAN GO, GO PLAY.
WE'RE ALREADY, WE'RE ALREADY DOING THAT FOR OUTSIDE REC ADDISON, IF WERE, WHAT'S THE WORD YOU USED? IT SHOULD BE AN $80 TICKET.
ADDISON RESIDENTS, IF WE'RE PUTTING THE BILL, THIS IS FUNDED FROM THE HOTEL FUND.
BUT SO YOU KEEP SAYING THAT WE'RE PUTTING THE BILL, BUT WE'RE NOT, WE'RE TALKING ABOUT IT IN AN ADDISON CITY COUNCIL MEETING.
I'M JUST, I'M JUST GOING FOR SOME CLARITY THERE.
BUT I THINK THE OTHER IDEA IS WE GET PEOPLE FROM OUTSIDE THE TOWN TO COME INTO OUR TOWN.
WE GET THEM TO COME IN AND USE THE
[03:30:01]
RESTAURANT, BUY GAS, BUY CHEWING.THAT'S WHAT THE THEATERS FUNCTION TO DO.
SO IF WE GIVE THE SEATS AWAY, WE'RE NOT GONNA BE INVITING PEOPLE IN.
HOW MANY PEOPLE? THEY PUT RECEIPTS.
I MEAN, THEY SELL MOST OF THE SHOWS OUT.
I THINK THEIR AVERAGE IS AROUND 180 OR 190 HUNDRED 80 AVERAGE ATTENDANCE.
AND THEIR TICKET PRICE ROUGHLY ABOUT 35.
NO, I THINK IT'S AROUND, IT'S AROUND 50.
SO THEY CAN AFFORD TO PAY SOME RENT IS ALL I'M SAYING.
AND, AND SO YOU, YOU ASKED THE QUESTION, UM, TO SHANE THE OTHER DAY ABOUT THAT HE, HE HAD A, I WAS WITH YOU TRYING TO SHOW HIM THE THEATER AND IN HIS ANSWER, ADMITTEDLY, I'M SURE HE WOULD ADMIT IT WAS A HORRIBLE ANSWER.
WHAT DID HE SAY THE QUESTION? NO, IT, SO RANDY BROUGHT UP EARLIER, BASICALLY HE SAID HOW MANY ADDISON RESIDENTS COME AND, AND, UM, YOU KNOW, SHANE, SHANE BASICALLY, OH, WE GOT A LOT OF PEOPLE FROM THIS CITY IN THAT CITY.
AND HE, HE DIDN'T REALLY QUITE ANSWER, ANSWER RANDY'S QUESTION.
SO THE POINT OF THE MATTER IS YOU ASKED HIM HOW MANY ADDISON RESIDENTS COME AND I I WOULD SAY, YOU KNOW, SEASON TICKET HOLDERS WOULD HAVE A BETTER FEEL FOR THAT.
BUT, BUT, UH, WITHOUT A DOUBT HIS ANSWER, YOU KNOW, AND I KNOW WAS IT, WAS IT GOOD OR WASN'T ACCURATE? SO I DON'T KNOW HOW MANY MEDICINE RESIDENTS COME, BUT A LOT MORE THAN YOU MADE IT SOUND LIKE 10.
YOU KNOW, LIKE A LITTLE DOUBLE FIGURE.
SO WE BOTH KNOW THE ANSWER WAS NOT, NOT A GOOD ONE.
AND, AND TO KEEP GOING DOWN THAT PATH IS, IS IN MY OPINION, GOING IN THE WRONG DIRECTION.
WE, WE LOOK AT, AT COMPARISON CITIES FOR SO MANY THINGS.
NONE OF OUR COMPARISON CITIES ARE DOING THIS.
ARE YOU SURE? I MEAN, 'CAUSE WE, WE, I DID RESEARCH.
NO, WE LOOKED AT IT LAST YEAR.
WE TOOK A, YOU KNOW, WE TOOK A BIG CUT.
WE TOOK, THEY TOOK A BIG CUT LAST YEAR AND ONE OF THE THINGS WE DIDN'T BRING UP IS, UM, THE SPONSORSHIP OPPORTUNITY.
UM, SO THAT WAS ANOTHER THING THAT, THAT WE TOOK FROM THEM BECAUSE THEY WERE, THEY WERE UM, BASICALLY SELLING SPONSORSHIP OPPORTUNITIES AT OUR FACILITY AND THE TOWN WASN'T RECEIVING ANY OF THOSE DOLLARS.
AND, UH, SO THE TOWN IS GONNA GIVEN THE SPONSORSHIP BUSINESS OF THE ADDISON PERFORMING ARTS CENTER IN THE FUTURE WHERE WE HAVEN'T HAD THAT OPPORTUNITY IN THE PAST SO THAT THAT COULD BE A SIZABLE DOLLAR NOT, BUT IT'S NOT IF NOBODY COMES OVER HERE, UM, FROM, FROM ALL THE DIFFERENT CITIES.
'CAUSE WE GOT NOTHING REALLY MAJOR GOING ON.
AND IT'S THRILLED THAT PEOPLE COME FROM OTHER CITIES OF THIS.
BUT I'M JUST SAYING WE DON'T GET MUCH NOW.
BUT THAT'S WHAT WE'VE BEEN WORKING ON.
SO WE'RE TRYING TO TRIPLE, TRIPLE THE ATTENDANCE.
SO THE SPONSORSHIPS WILL COME, THEY STILL HAVE THE NAME.
WE'RE JUST WAITING FOR THIS CONTRACT SIX FIRE.
AND I'M JUST DISAPPOINTED THEY, IF THEY COMMITTED AND I REMEMBER THAT THEY WERE COMMITTING TO FOUR SHOWS AND DID THREE, THAT'S A PROBLEM.
SO IF THEY'RE COMMITTING TO FOUR TO GET THREE 80 THIS YEAR, ARE THEY GONNA DO FOUR? THE POTENTIAL WE PUT THAT THAT CONTRACT DIFFERENT? YEAH, THAT'LL BE IN THE AGREEMENT THAT WOULD MAKE THIS YEAR WE'LL EXPLICITLY SAY BMI SHOWS IN A SENSE SAY, OH, IT'S A MAKEUP SHOW, SO THERE'S YOUR PUSH FOR A FIT.
THE MAKE FOR THAT THEY DIDN'T GIVE US IN 25.
REAL REALISTICALLY, LIKE THE CLAWBACK, THE CONCESSIONS CAN'T EQUAL NUTS AND PEANUTS AND A COUPLE BEERS CAN'T MEAN MUCH.
I WAS THINKING ABOUT MAYBE WE GET A 50% OF THE CONCESSIONS AND THEY'RE, AND THEY'RE STAFFING IT 'CAUSE THEY'RE REAPING THE BENEFITS OF USING THE TOWER, THE THEATER ITSELF.
BUT THEY'RE, WE DON'T EVEN KNOW WHAT THEY'RE DOING IN CONCESSIONS FOR THEIR THREE SHOWS OF WHATEVER THEIR 40 LEAD NIGHTS LOOK LIKE.
THE CONCESSION REVENUE IS ABOUT THREE.
THE CONCESSION REVENUE I THINK IS 33,000 A YEAR SOMEWHERE.
I THINK IF EVERY, EVEN IF YOU CALL BACK HALF OF THAT, YOU HEARD, I THINK EVERYTHING YOU GUYS WERE SAYING IS, IS SPOT ON.
IT'S THE THINGS THAT WE TALKED ABOUT.
I THINK IT'S, IT'S CHALLENGING.
UM, I'D LIKE TO SEE THIS AS A TRANSITION YEAR.
UM, AND WE CONTINUE TO SEND THE MESSAGE THAT WE NEED CERTAIN AMOUNT OF NIGHTS AND YOU NEED TO GROW YOUR BOARD.
AND I MEAN I KNOW SHANE'S SAYING NOW THAT WE'VE GOT, I DON'T REMEMBER HOW MANY AS IN RESIDENTS, BUT I THINK THE NEXT STEP NEEDS TO BE YOU NEED TO FUNDRAISE AND MAYBE WE DO GO TO SOME SORT OF MATCHING OR SOMETHING.
WHEN THEY HAVE A SHOW, HOW MANY NIGHTS DOES IT RUN? IS IT 10 NIGHTS, 15 NIGHTS? IT DEPENDS ON THE PRODUCTION THAT THEY'RE DOING.
TRADITIONALLY THEY'LL DO A THURSDAY, FRIDAY, SATURDAY, SUNDAY FOR TWO WEEKS.
THEY HAVE IT EXTENDED THAT OUT DEPENDING ON THE PERFORMANCE TO SOMETIMES THREE WEEKS.
SO IT'S EIGHT OR 12 DAYS ROUGHLY.
DO THEY USE TWO IN ONE DAY? YES SIR.
[03:35:01]
AND AN EVENING PERFORMANCE ON SATURDAYS AND SUNDAYS.HOW MANY TIMES AND TIMES? 200 SEATS.
WHAT'S THE MAXIMUM? BECAUSE IT'S GOTTA BE MORE THAN DOUBLE DIGITS.
ISN'T THAT WHAT YOU WERE SAYING AS FAR AS ATTENDANCE FOR ADDISON RESIDENCE OR WHAT DO YOU YEAH, WHEN YOU SAID YOU SAID SAID DOUBLE DIGITS AND IT'S UP TO 99.
IT MUST BE MORE THAN THAT, RIGHT? DON'T KNOW.
BUT IT'S KNOW BECAUSE THERE MAYBE NON ADDISON RESIDENTS COME.
IS THAT CORRECT? WE DON'T KNOW HOW MANY MOSTLY NON ADDISON RESIDENTS ARE THE PEOPLE COME, WHICH I DON'T SEE AS A BAD THING'S.
IT'S GOOD THING THAT'S A GOOD THING.
RESTAURANT I WOULD LIKE TO SEE THE FUTURE TRANSITION FOR UH, LOWERING OUR SUBSIDY.
SUBSIDY AND INCLUDING THEM PAYING RENT, HAVING SOME SHARE IN THIS AS WELL.
AND, AND WE WERE AT THAT POINT, IT WAS A WHILE BACK NOW, DIDN'T WE SAY WE USED TO HAVE A, WE, WE HAD A CERTAIN AMOUNT OF A GRANT AND THEN THERE WAS A MATCHING AMOUNT ABOVE THAT AND I WAS, AND I WAS GONNA OFFER, I MEAN IF, IF THAT'S SOMETHING WE COULD GO BACK TO HAVING A MATCHING COMPONENT TO THE GRANT AS IT EXISTS NOW IF WE WANT TO DO A CERTAIN PORTION, PORTION, AND I THINK WE WOULD, WE WANNA BE CLEAR WHEN WE SHOW THE MATCHING THAT IT WOULD NOT INCLUDE NAMING RIGHTS AND THINGS LIKE THAT.
THAT WOULD BE MATCHING OUTSIDE OF THAT.
UM, YEAH, THEM TICKETS MATCHING FOR TICKETS.
WE'RE WE'RE SUBSTANTIAL, LIKE YOU SAID, MILLION LESS CASH.
SO THEY'RE DOING, SO THERE WAS A MATCHING COMPONENT, UH, UP UNTIL 2024 OF THE GRANT.
AND IT'D BE GREAT IN THE FUTURE WHENEVER TO HAVE SOME MATCHING COMPONENT THAT WOULD INCENT THEM TO DELIVER A LOT MORE.
WELL EVEN TOWN CURATED PROGRAMS COULD PROBABLY DOUBLE POTENTIALLY WITH THE HEALTH OF THE ECONOMY DOUBLE, LET'S SAY, WHICH WOULD HELP OFFSET IN A SENSE THE NEED TO FUND SOMETHING THAT GREAT.
CAN'T WAIT TO SEE WHAT SHE CAN DO WITH HER WEALTH OF KNOWLEDGE AND, AND CONTACTS.
THAT'S, THAT'S WHERE I'D LIKE TO SEE THE GROWTH.
I DON'T WANNA SEE THE HIGH QUALITY IN THE THEATER IN WATER TOWERS, HIGH QUALITY.
UH, BUT WE ARE PAYING THEM A LOT TO, TO BE HIGH QUALITY.
SO THEY NEED TO STAND ON THEIR OWN A LITTLE BIT MORE.
SO YOU'RE SAYING THERE A MILLION DOLLARS, WHERE'S THE OTHER 600 COMING FROM? THEY, THEY'RE RAISING, THEY RAISE MONTHS TICKET SALES.
THEY NOT SPLIT WITH US SALES AND DONATIONS.
THEY PAYING, WE'RE PAYING THOUSAND IN CONCESSIONS.
I KNOW SOME RESIDENTS, I'VE HEARD FROM SOME OF THEM THEY'RE GETTING MONEY THAT WAY TOO.
THERE'S A LOT OF, YOU KNOW, PEOPLE THAT DONATE, YOU KNOW, GOOD AMOUNT TO THE, SO WHAT DO WE, WHAT DO WE DO THIS HERE THEN DO WE PLAN THAT THAT THE COMMITTEE, UH, WENT AND, UH, PUT TOGETHER FOR US? OR DID WE, I MEAN, 'CAUSE WE DID HAVE A SIGNIFICANT HAIRCUT OVER THE LAST COUPLE YEARS NOW FOR SURE.
AND IT WASN'T JUST IN THE FUNDING, IT WAS ALSO IN THEIR, IN THEIR SITUATION IN THEIR LIVING PROTECTION OVER WAS A HUGE DEAL OVER THAT.
WITH, WITH THE OFFICES AND THINGS LIKE THAT.
SO, SO THEY HAD ADDITIONAL EXPENSE ON TOP OF THAT TO GO AND FIND NEW OFFICE SPACE AND PLACE TO, YOU KNOW, DO SOME OF THEIR BUILDING NEW STORAGE, SIMPLE BUILDING STORAGE AND YEAH.
SO THAT WAS SOME OF THE IN KIND.
SO THAT WAS SOME OF THE IMPACT.
WELL THAT, THAT'S THE COMMITTEE'S RECOMMENDATION IS IS WHAT YOU SEE THERE.
THAT'S THE COMMITTEE'S RECOMMENDATION.
IF THEY WERE PAYING RENT, HOW MUCH RENT WOULD THEY BE PAYING? I TELL YOU HAVE ESTIMATE.
NO, THEY, THEY DO HAVE A, UH, THE RENTAL FEES THEY PAY AREN'T THE, THE NORMAL FEES THAT WE WOULD CHARGE A THIRD PARTY RENTER.
I CAN PULL THAT UP, UM, AND HAVE THAT OUT AND THEN IT IT DEPENDS ON THE SPACES THAT THEY'RE USING.
AND SO THERE'S SPACE RENTAL FOR IF YOU'RE REHEARSING IN THE SPACE.
AND SO THE SPACE IS NOT ACTUALLY OPEN TO THE PUBLIC IF YOU ARE BUILDING ON SITE AND THE FACILITY IS DARK AND IT'S NOT AVAILABLE FOR RENT.
AND THERE'S A FEE FOR THE ACTUAL PERFORMANCE GAIN.
IS THE 40,000 IN KIND THERE CONSIDERED THEIR RENT? UH, PARTIALLY.
SO 20,000 IS, UM, IS, I THINK THE, WE CALL IT, IS IT CALLED PRODUCTION RENT? OKAY.
UM, AND THE OTHER PART IS LICENSING.
DOES THAT INCLUDE THEIR OFFICES? WE GIVE 'EM OFFICES OR THEY HAVE OFFICES.
SO IS THAT PART OF THE IN KIND? IT
[03:40:01]
IS.I THOUGHT 20,000 WAS FOR OFFICE AND FURNITURE.
I THINK THAT'S CALLED LICENSING.
I WAS JUST TRYING TO UNDERSTAND WHAT, SO IS IT LIKE THE BILL TIME, THE, THE, UH, OCCUPY TIME AND THE, UH, STAGE TIME IS, IS THAT THE 20,000 OR WOULD THAT BE SOME OTHER LARGER NUMBER OR SEPARATE NUMBER OF WHEN THEY'RE ACTUALLY FROM THE PRODUCTION RATE? YES.
AND IF THEY GO OVER THAT, THEN THEY, THEY DO PAY US.
CASH FOR WHAT THEY, WHAT THEY EXCEED IN THAT 20,000 PRODUCTION.
BUT, BUT RIGHT NOW THEY'RE NOT, THEY HAVEN'T BEEN GOING OVER THAT.
THEY HAVE, THEY HAVE, UH, THEY HAVE NOT A LOT.
SO, SO THAT MIGHT ANSWER YOUR QUESTION ABOUT $20,000 IN RENT.
UM, SO WHAT DID, DO YOU KNOW THAT THE AMOUNT OVER SIX OR 7,000, SO MAYBE $30,000 PER SEEMS PRETTY LOW FOR RENT OF THAT FACILITY FOR THOSE MANY DAYS.
IS IT LIKE A REALLY HEAVILY DISCOUNTED, LIKE YOU SAID? IT'S, AND SO ONE OF THE, ONE OF THE, UM, COMPETITIVE THINGS THAT WE FOUND THAT OUR FACILITY HAS TO OFFER IS THE LOW RENT, THE AFFORDABILITY OF THE SPACE TO ALL USERS, NOT JUST WATER TERMS,
AND SO, UM, ONCE WE GO THROUGH, UM, A CAPITAL CAMPAIGN WITH THE FACILITY, UM, A LOT OF WHAT YOU SEE IN THAT FACILITY IS ORIGINAL TO THE BUILDING.
AND SO WE'RE NOT NECESSARILY AN ICELAND CENTER OR A ART CENTER OR THINGS LIKE THAT.
SO THE RENT IS REFLECTED IN THAT AS WELL.
SO ONCE WE, WE MAKE A LOT OF THESE UPGRADES WE'RE TALKING ABOUT, WE'LL BE ABLE TO INCREASE OUR RENT.
SO IS THAT A LITTLE BIT CHILDREN? OKAY.
DOESN'T SOUND LIKE IT FOR, DOESN'T SOUND LIKE IT.
BECAUSE THERE'S PARTS OF THAT BUILDING THAT ARE JUST GONNA BE WHAT THEY, WHAT THEY ARE
SO IF WE LOSE WATER TOWER, WE'RE NOT PEOPLE BEATING DOWN THE DOOR TO LIKE RENT OUR SPACE.
SO ACTUALLY YOU CAN, YOU CAN RENT THE SPACE, BUT IT'S NOT A, IT'S NOT A HIGH WRENCH.
THERE, THERE, THERE ARE ONE OF THE QUESTIONS THAT WE WERE ASKED LAST YEAR IS WE WENT THROUGH THE PROCESS IS DOESN'T ANYBODY EVEN WANT TO USE THE SPACE? AND THE ANSWER IS YES, THERE IS A NEED FOR SPACE WITH OUR SIZE VENUE.
REALITY IS, IS OUR COMPETITORS IN THE MARKET THAT HAVE A COMPARABLE FACILITY HAVE A WAIT LIST THAT'S TWO YEARS OUT.
IT'S A, IT'S A MATTER OF FINDING THOSE PEOPLE THAT WILL FIT WITHIN THE PARAMETERS THAT WE HAVE AND NAVIGATING SOME OF THE REGULAR USERS THAT WE HAVE IN THE FACILITY.
THAT DOES PUT A DIFFERENT LIGHT.
I DON'T THINK WE HAVE OTHER THEATER GROUPS BEATING THE DOOR DOWN BECAUSE THEY, THEY'VE GOT THEIR BRAND AND I, I, NOBODY'S GONNA GO AND TRY TO GET SOMEBODY ELSE TO STICK, BUT I WOULD JUST LIKE TO SEE US MORE, BE MORE COGNIZANT OF THROWING THAT KIND OF MONEY AROUND WITHOUT GETTING MUCH OUTTA IT.
I MEAN, NO CONCESSIONS, NO TICKETS.
I MEAN, I THINK WE'RE DOING THAT.
WE HIRED A THEORY MANAGER, DIDN'T HAVE THAT BEFORE WE OUSTED A TENANT IN THERE THAT HAD SPRAWLED SPREAD AND BEEN IN THERE FOR A LONG TIME.
UM, GOOD PRODUCTION COMPANY AND WE'RE DIVERSIFYING HOW WE'RE USING THE FACILITY, THE USERS.
SO WE'RE IT'S A TRANSITION, IT'S A PLAN FOR SURE.
I'D LIKE TO SEE A PATH THOUGH.
I THINK WE NEED TO REDO A PATH TO SEE WHAT THE NEXT FIVE YEARS LOOKS LIKE.
WHAT WAS GOING ON? I'M LETTING I'M NOT THE ONLY ONE.
AND YOU'RE, YOU'RE NOT THE ONLY ONE HERE.
I I SEE EXACTLY WHAT'S GOING ON HERE.
I'M OKAY WITH ROLLING WITH IT IS AND HOW IT IS NOW, AGAIN, IN MY CASE I GUESS.
BUT, UH, WE'VE GOT THE TRANSITION PLAN THAT WE STARTED.
WE JUST NEED TO BUILD OUT THE NEXT YEARS OF IT AS WELL.
WE NEED TO, WE NEED TO GET THEM TO BE LESS RELIANT.
WHICH HAS BEEN THAT'S A GREAT PHRASE.
SO HOW DO WE DO THAT? I MEAN, IS IT PART OF THE, IS IT, IS IT PART OF THE MESSAGING THIS YEAR? MM-HMM
YOU KNOW, WE, WE, WE HOLD THEIR FEET TO THE FIRE ON THE AMOUNT OF NIGHTS THEY'RE GONNA PROMISE US.
AND THEN WE SAY, THIS IS, THIS IS WHERE WE SEE YOU FITTING INTO OUR NEW VISION OF THE THEATER.
I, I THINK AS FAR AS THE VISION OF THE THEATER, I MEAN, THEY'VE, THEY'VE, SINCE LAST YEAR THEY'VE HEARD THE VISION OF THE THEATER OF WHERE WE'RE GOING NOW.
I THINK AS WE GET, AS WE MOVE ALONG, WE CAN GIVE MORE CONCRETE EXAMPLES OF THAT RIGHT HERE IN, IN TWO, THREE YEARS, HERE'S WHAT WE EXPECT FROM A DOLLAR AND CENTS AND SHOWS.
I THINK THIS YEAR TELLING THEM LIKE THEY ASKED FOR 460 AND
[03:45:01]
WE'RE SAYING, HEY, THIS IS HOW MUCH YOU'RE GETTING, BUT WE EXPECT THIS AMOUNT OF SHOWS.I THINK THAT GOES A LONG WAY TOWARD IT.
I DO THINK IF YOU WANTED TO, AND WE COULD COME BACK WITH OPTIONS, IF YOU WANTED TO LOOK AT SOME MATCHING FUNDS THIS YEAR, WE CAN CERTAINLY BRING THAT BACK.
THAT'D BE EASY TO DO, TO COME BACK IF THAT'S SOMETHING WE WANTED TO DO.
AND THAT JUST IS ANOTHER INCENTIVE, OBVIOUSLY IN THE CONTRACT ITSELF AND SOMETHING THAT WE'VE HAD BEFORE, IT'S NOT NOVEL.
WE COULD DO THAT AS WELL, I THINK NOT NOT GOING BEYOND THREE 80, CORRECT? CORRECT.
WITHOUT, WITHOUT, I WOULD SAY WITHIN THE THREE 80 WE, YEAH.
THREE 80 A PORTION OF THREE 40 BASICALLY FUNDS YOU THREE 40, A HUNDRED AT A TIME.
YOU RAISE A HUNDRED, WE GIVE YOU, YOU KNOW, UP TO THREE 80.
WE MATCH THE FUNDS, GET 'EM SOME, THEY JUST NEED TO GET ENGAGED.
ARE THEY AWARE WHERE YOU HAD YOUR MEETING? ARE THEY AWARE WITH THE, THE TOWN'S WILLINGNESS TO INVEST IN BATHROOMS AND THE CAST THE CREW ROOMS AT ONE PART OF THE CONVERSATION? SO CAN YOU IMAGINE WHERE THEY, MAYBE ABBY DOES, WOULD, WOULD THEY, WOULD NAVY, THAT THAT WOULD BE PART THAT WAS NOT PART OF THE FUNDING CONVERSATION WITH THEM? CORRECT.
AS A RESIDENT COMPANY, WE DO MEET WITH THEM MONTHLY TO PROVIDE THEM UPDATES ON WHAT WE'RE DOING TO INVEST IN THE FACILITY.
UM, AND SO THEY ARE, THEY DO KNOW THE, THE PLANS OF THE AREAS THAT WE'RE LOOKING TO INVEST IN.
AND THEY WERE A PART OF WHEN WE, WHEN WE UPDATED THE CARPET AND THEY UPDATED THE BOX OFFICE, WE DID THE KITCHEN, WE STARTED DOING THOSE COMPONENTS.
THEY REQUIRE THAT PROCESS AS WELL.
I WOULD THINK THEY'D BE THRILLED THAT THE TOWN'S WILLING TO SPEND NEARLY HALF A MILLION DOLLARS PLUS TO RENOVATE WITHOUT THEM BEING COMMITTED FOR ANYTHING OTHER THAN SHOWING UP.
SO DAVID, DO YOU WANNA BRING US SOME OPTIONS TO LOOK AT? YEAH, WE'LL BRING SOME OF THOSE OPTIONS.
THERE'S A NUMBER OF MATERIALS THAT WE'RE ASKED FOR, WHICH WE'LL HAVE IN THE FOLLOW UP.
SO FOR NEXT TUESDAY WE'LL HAVE SOME.
SO ONE OF THE OPTIONS COULD BE THANK WE FUND LESS AND, AND PART OF THAT MAX THAT COULD BE THIS YEAR.
I THINK WE, AGAIN, WHAT I, WHAT OFFER AND WE BRING OUT WITHIN THE THREE 80 AND WE'RE NOT GOING OVER THREE 80.
SOME PORTION OF THAT'S GONNA BE MATCHING EVEN THIS YEAR.
CAN I ASK ONE MORE QUESTION? CAN YOU TELL US HOW AND WHEN THEY GET THE FUNDS? SO THEY GET, UH, HOW THEY GET A GOOD, AND THEY GIVE A, WE GIVE 'EM A LARGER AMOUNT UPFRONT BECAUSE THEY DO HAVE INITIAL EXPENSES THEY HAVE TO GET.
UM, BUT STEVEN CAN GIVE THE DETAIL.
THEY RECEIVE HALF UP FRONT AND THEN, UH, FOR THE FINAL 10 MIN 10 MONTHS OF IT THIS YEAR, THEY RECEIVE THE, THE OTHER HALF IN, IN 10 INSTALLMENTS.
SO IF THEY DON'T HAVE A THIRD OR FOURTH PLAY, WE CAN WITHHOLD WOULD THEY BE IN BREACH OF CONTRACT AT THAT POINT? YEAH, YOU RIGHT.
I'M NOT, I MEAN, IF THEY SEND THE FOURTH PLACE UNDER CONTRACT, WE ONLY DO THREE OR THEY IN BREACH TO WHERE WE CAN HOLD FUNDING BACK.
I THINK THAT JUST DEPENDS ON HOW WE WRITE THE CONTRACT.
YOU READ IT LIKE THAT? I CAN SAY IT.
HOW ARE YOU
SO, UH, IF IT'S WRITTEN IN THE CONTRACT LIKE THAT, WHEN WE'RE CHECKING IF THEY'VE MET THE REQUIREMENTS AND YOU KNOW, THEY HAVE TO REPORT TO US, UH, THEY REPORT BE ELIGIBLE OR, OR INELIGIBLE, THANK YOU.
TO RECEIVE THE, IS ALL THE FUNDING SIMILAR PATH FOR INSTALLMENTS FOR EVEN THE SMALLER? THEY'RE NOT ALL, THEY'RE NOT ALL THE SAME.
UM, AND, AND SOME OF THESE WE HAVEN'T HAD AGREEMENTS WITH I UNDERSTAND EVER BEFORE.
SO I THINK, UH, I THINK I'LL PROBABLY, THEY GET JUST A QUARTERLY, IT'S A QUARTERLY PAYMENT.
I THINK THE DIFFERENCE IS BECAUSE WE FUND SO MUCH OF, YEAH.
SO OVERALL, THE HOTEL FUND SUMMARY, AND THIS WILL CHANGE A LITTLE BIT BASED ON SOME DIRECTION RELATED TO THE ONE TIME DECISION PACKAGES.
UM, SO WE'LL HAVE AN UPDATED FUND SUMMARY FOR YOU WHEN WE, UH, MEET NEXT TUESDAY.
BUT, UH, OVERALL A HOTEL FUND REVENUE ABOUT 7,572,000, UH, OPERATING EXPENSES, 7,595,000.
AND THEN WE HAVE, UH, AGAIN, THE ONE TIME DECISION PACKAGES WHICH WILL UPDATE THAT.
AND THEN THERE IS A CAPITAL IMPROVEMENT PROJECT THAT WAS DISCUSSED FOR WAY FUNDING, SIGNAGE, UH, WHEN WE MET BACK IN EARLY JULY.
UH, THAT'S AN APPROPRIATE USE OF HOTEL FUNDS.
SO WE'RE HAVING THE HOTEL FUND PARTICIPATE IN FUNDING SOME OF THAT PROJECT.
UH, THAT LEAVES US WITH ABOUT 5,178,000 IN FUND AMOUNTS.
UH, AND THAT NUMBER WILL COME DOWN A LITTLE BIT WHEN WE REVISE THIS BASED ON, UH, THE DIRECTION EARLIER.
CAN I ASK ONE QUESTION ON THIS SLIDE? YES.
THE, THE 9 1 1 TRAIL LOCATION MARKERS.
I, I'VE WONDERED WHY WE DON'T HAVE THOSE ON OUR TRAILS.
WE, I I DO WE HAVE THOSE CURRENTLY ON ANY TRAIL IN TOWN? I, I'M NOT SURE.
[03:50:02]
WE DON'T HAVE IT ON THE, YEAH, WELL, AND JANE, I'LL GIVE MORE DETAIL, BUT THAT IS PART OF IT.JUST, I'VE ALWAYS WONDERED ABOUT THAT.
GOING ON TO THE, UH, HOTEL FUND, UH, LONG TERM PROJECTION, OBVIOUSLY THIS WILL CHANGE A LITTLE BIT WHEN WE ADD IN THOSE ONE TIME, UH, MOVE THOSE FRONT, LOAD THOSE A LITTLE BIT MORE.
UH, BUT OVERALL, UH, THE FUNDS IN, IN STRONG SHAPE, 2% INCREASE IS PROJECTED IN HOTEL TAX EACH YEAR.
THAT'S JUST BASED ON INFLATION.
UH, 2% INCREASE IN SPECIAL EVENTS AND RENTAL INCOME EACH YEAR.
UH, SALARIES IS WHAT YOU SEE ON THE OTHER, OTHER, UH, MODELS.
WELL, THREE AND A HALF PERCENT INCREASE IN SALARIES, 5% FOR HEALTH INSURANCE, AND THEN 1%, UH, FOR OTHER EXPENSES.
SO WHEN WE DO GET TO THE END OF THE 10 YEAR, YOU KNOW, UH, PROJECTION, THE FUND IS STILL IN A, IN A SOLID POSITION.
UM, SO, AND THEN DECISION PACKAGE SUMMARY.
SO, UH, GETTING INTO THE GENERAL FUND.
SO THESE ARE ITEMS THAT WE HAVEN'T, UH, GONE OVER, UH, SPECIFICALLY, BUT WITHIN THE GENERAL FUND PROPOSED BUDGET, UH, THESE ARE ALL THE RECURRING DECISION PACKAGES THAT ARE INCLUDED IN THE PROPOSED BUDGET.
THERE'S PHYSICAL WELLNESS EXAMS FOR THE POLICE OFFICERS.
UH, THERE IS, UH, THE IMPLEMENTATION OF THAT STEP PLAN, UH, FOR THE POLICE DEPARTMENT.
AND THEN THERE'S THE SAME, UH, PORTION OF THAT FOR THE FIRE DEPARTMENT, UH, THE FIRE DEPARTMENT, UH, AND FTO FIELD TRAINING OFFICER, UH, PAY INCREASE TO BE MORE COMPETITIVE, UH, AND IN LINE WITH OUR COMPARISON CITIES, UH, COTTON BELT TRAIL MAINTENANCE.
AND THEN WE ALSO NOTED HERE THAT, UH, THAT CHANGE IN, IN FUNDING, UH, ALLOCATION OF PROPERTY TAX FROM THE GENERAL FUND TO THE ECONOMIC DEVELOPMENT FUND IS ABOUT, UH, $82,800.
SO, SO OVERALL WE'VE GOT INCREASED, UH, EXPENSES, $557,000, ALMOST THE MAJORITY OF THAT.
THE VAST MAJORITY IS THAT STEP PLAN IMPLEMENTATION AND THEN REDUCED REVENUE ABOUT 83,000 ON.
SO JUST, JUST TO KIND OF GO OVER WHAT WE DISCUSSED BACK, UH, WHEN THE STEP PLAN IMPLEMENTATION WAS, WAS DISCUSSED BACK IN JUNE.
UM, YOU WERE GIVEN REALLY A FEW OPTIONS.
UM, COUNCIL GAVE DIRECTION, UH, TO GO WITH OPTION FOUR, WHICH WAS, UH, GETTING, GETTING OUR FOLKS AND PUBLIC SAFETY IN LINE WITH, UH, THE MARKET AND, UM, GETTING 'EM INTO THE STEP AS ASSOCIATED WITH THEIR SERVICE, UM, IN YEAR IN ONE YEAR.
SO THE COST OF THAT WAS THE 475,000, UH, THAT'S INCLUDED IN THE PROPOSED BUDGET, BUT WE WANTED TO BRING THIS FORWARD IN CASE COUNSEL WISH TO DISCUSS THAT AT ALL.
MOVING ON, UH, DECISION PACKAGES IN THE SPECIAL REVENUE FUND.
SO WE HAVE SOME, AND, UH, SOME OF THESE IN THE HOTEL FUND HAVE BEEN DISCUSSED.
UH, ECONOMIC VET FUND HAS A TEAM TEXAS MEMBERSHIP, WHICH IS A ONETIME COST RECURRING COST FOR, UH, THE ONE POSITION THAT'S INCLUDED IN THE PROPOSED BUDGET.
THE NEW, THE NEW ADDITION BY ECONOMIC DEVELOPMENT COORDINATOR AND A MARKETING BUDGET INCREASE.
AND THEN AS ABBY JUST WENT OVER IN HER PRESENTATIONS, THERE IS, UH, THE ONETIME DECISION PACKAGE FOR THE WORLD CUP SERIES EVENTS, UH, THE IMPROVEMENTS, WHICH WE'LL UPDATE THAT AMOUNT THERE FOR THE IMPROVEMENTS TO THE ADDISON PERFORMING ARTS CENTER, UH, BASED ON THE DIRECTION GIVEN EARLIER.
AND THEN THERE'S THE MAJOR THEATER PROJECT FUNDING, UH, RECURRING 30,000 THERE.
UH, FOR THAT JUST ONE, I JUST WANTED ONE, ONE NOTE REAL QUICK.
SO THIS, YOU'VE SEEN EVERY DECISION PACKAGE EXCEPT FOR ECONOMIC DEVELOPMENT, BECAUSE THOSE ARE IN HIS, THOSE ARE IN THE ECONOMIC DEVELOPMENT PRESENTATION.
DO YOU HAVE ANY QUESTIONS ON ANY OF THOSE? ANY OF THESE, BUT PARTICULARLY THOSE WAYNE CERTAINLY.
UM, YEAH, WAYNE, CAN YOU JUST TALK, JUST SPEAK REAL BRIEFLY ABOUT TEAM TEXAS MEMBERSHIP? GOOD EVENING MAYOR COUNCIL, UH, ANDERSON, DIRECTOR OF ECONOMIC DEVELOPMENT, UH, T TEXAS.
SO THIS IS A PROGRAM OUT OF THE, UH, GOVERNOR'S OFFICE, TEXAS ECONOMIC DEVELOPMENT.
UM, IT IS A PRIMARILY STATE FOCUSED PROGRAM IN WHICH INDIVIDUAL COMMUNITIES ARE A PART OF THE MARKETING EFFORTS THERE.
AND SO THERE'S WITH, WHEN, WHEN YOU GET THAT, YOU GET ACCESS TO SOME CONFERENCES, UM, AS PART OF TEAM TEXAS, YOU, YOU LATCH ONTO THAT TEAM BRAND AND, UM, IT'S, THAT IS $28,000.
THERE'S TWO INTERNATIONAL TRIPS AND THEN THE REST OF 'EM ON PRE NATIONAL TRIPS, THERE'S,
[03:55:01]
LIKE YOU SAY, WHICH IS PRIMARILY FOCUSED ON FOREIGN DIRECT INVESTMENT.UM, BUT REALLY JUST, YOU GO THERE, THERE'S LIKE THIRD TEAM A D, THERE'LL BE A DFW COALITION THAT WE'LL BE A PART OF IF WE JOIN.
AND SO LET'S SAY YOU HAVE AN INTERNATIONAL INVESTOR, THEY'RE LOOKING AT THE TEXAS MARKET,
AND THEN AS PART OF DFW, WE WOULD REPRESENT THE REGION AND BASICALLY WE WOULD TALK ABOUT DFW AS A WHOLE.
UM, BUT IT'S AN OPPORTUNITY FOR US TO PUT ADDISON FORWARD AND SHOW WHAT OUR STRENGTHS ARE.
AND THEN CERTAINLY AS YOU MAKE THOSE CONNECTIONS, UH, IT'S A, ITS ABILITY FOR US TO COME BACK AND DO THAT.
AND SO IT'S A LOT OF TRAVEL OUTSIDE THE MARKET.
SO RIGHT NOW MOST OF OUR MARKETING EFFORTS ARE PRIMARY FOCUS IN THE REGION.
UM, AND SO IT'S REALLY JUST A WAY FOR US TO GET OUT INTO THE NATIONAL.
WHY WOULD THAT NOT BE COMING OUTTA YOUR, YOUR BUDGET RATHER THAN SOMETHING SPECIFIC? WE MOVED $83,000 MORE INTO YOUR MARKETING AND ANY OTHER BUDGET.
WHY WOULDN'T THIS COME OUT OF A THAT? SO THIS IS OUT OF THE ECONOMIC DEVELOPMENT FUND.
THIS IS JUST A, UH, REQUEST TO SPEND.
YEAH, IT IS JUST A ONETIME REQUEST.
SO INSTEAD OF A RECURRING REQUEST, LIKE THE OTHER TWO ITEMS, IT IS OUT OF HIS, HIS FUND.
THIS IS NOT A YEARLY MEMBERSHIP DEAL.
SO THIS IS ONE TIME THIS YEAR? THIS YEAH, THIS IS, WE, IT IS A PILOT AND BECAUSE IT IS NOT, IT IS PART OF THE BROADER STATE IS WE WANT TO TRY IT OUT, SEE IF WE GET THE ROI ON IT.
AND SO THAT'S WHY WE'RE REQUESTING A ONE TIME.
AND THEN IF WE FEEL THAT IT'S ACCESSIBLE, WE'D LIKE TO COME BACK TO COUNSEL, UH, AND ASK FOR
BUT FOR RIGHT NOW, WE'RE JUST REQUESTING A ONE TIME TO TRY TO PROGRAM OUT.
DOES THE 28, THE DUES AND WHAT'S THE OTHER 15 THAT, THAT'S FOR TRAVEL.
SO WHO GOES TO THOSE YEAR? IS IT, SO WE BUDGETED FOR THAT ONE.
WE, WE, WE SAID THE TWO INTERNATIONAL AND THEN THREE NATIONALS KIND OF OVER BUDGETING AROUND FIVE TO SIX SCHOOL.
WHERE'S THAT? INTERNATIONAL, UH, THEY HAVEN'T ANNOUNCED THIS YEAR, BUT LAST YEAR WAS IN MEXICO CITY IN, UH, GERMANY.
SOMEWHERE IN FRANKFURT, I BELIEVE.
AND IT'LL ROTATES, YOU KNOW, AROUND.
AND WHO WOULD YOU GO? SO IT'D BE MYSELF AND, UH, UH, ECONOMIC DEVELOPMENT MANAGER DAVID CHAVEZ.
ANY OTHER QUESTION? HOW CAN YOU BUDGET IF YOU DON'T KNOW WHERE YOU'RE GOING? UH, YEAH.
SO IT'S A, IT'S A MOVING TARGET WE LOOKED AT, SO WE DID DO ONE, UH, CONFERENCE IN LAS VEGAS AS FAR AS ICSC.
AND THEN WE'VE DONE SOME LOCAL, UM, AND SO WE JUST KIND OF LOOKED AT WHAT OUR AIRFARE WAS AT WE, OR WE HAD OUR ANALYSTS TAKE A LOOK AT SOME INTERNATIONAL FLIGHTS, WHAT THAT WOULD COST.
BUT, UM, SO THIS IS A YES, IT IS AN EDUCATED LICENSE.
I'VE GOT A QUESTION ON THE OTHER DEAL.
TELL PERMIT ECONOMIC DEVELOPMENT FUND.
IT IT IS ON THE WORLD CUP FUNDING THE HUNDRED THOUSAND FOR THE WORLD CUP FUNDING THAT'S COMING OUTTA THE GENERAL FUND? NO.
WHAT? WELL, OKAY, I THOUGHT I SAW IT UNDER THE GENERAL FUND WHILE AGO.
IT'S LIKE I HAD A WARMER FEELING ABOUT IT YEAH.
WHEN IT WAS COMING OUTTA HOTEL FUND.
THAT BENEFIT, BUT I THOUGHT WE SAW IT HERE UNDER THE GENERAL FUND.
SO BEFORE WE GO MUCH FARTHER, CAN WE GO BACK TO TWO SLIDES TO THE, UH, PUBLIC SAFETY? THIS ONE? YEAH.
SO MY, MY, UH, I DIDN'T WANNA JUST LET THIS PASS AND, UM, I, I, I, I'M IN FAVOR OF OPTION FOUR AND MY, MY, UH, KIND OF REQUIREMENTS WAS IF WE CAN MAKE IT FIT IN THE BUDGET WITHOUT RAISING TAX RATE OR, OR HAVING TO LOSE, UH, SOME OTHER THINGS, THEN I WOULD BE GOOD WITH OPTION THREE OR FOUR AND PREFERABLY BEFORE.
SO JUST TO LET EVERYBODY KNOW, I'LL GO WITH FOUR OF THEM.
SO, UH, THESE ARE ALL THE ONES, UH, THAT, UH, ONE THAT PASSION WENT OVER LAST NIGHT.
UH, ONE THAT, UH, BECKY, THE OTHER FOUR BECKY WENT OVER, UH, EARLIER TODAY.
THE ONE FROM THE AIRPORT FUND AND THEN THE FOUR REQUEST THAT BECKY HAD GONE OVER, UH, EARLIER IN THE PRESENTATION TONIGHT.
[04:00:01]
NOW WE'RE GONNA GET INTO THE GENERAL FUND OVERVIEW.SO JUST SOME, UH, LOOK AT WHERE WE'RE AT WITH SALES TAX.
SO OVERALL SALES TAX HAS PERFORMED REALLY WELL FOR THE TOWN, UH, THE LAST FEW YEARS.
AND THEN YOU CAN SEE, UH, KIND OF REALLY FROM COVID, UH, UP TO, WE, WE'VE KIND OF SHOT STRAIGHT UP OUR BUDGET FOR THIS YEAR.
WE WERE GONNA EXCEED THE BUDGET, UM, PROBABLY PRETTY SUBSTANTIALLY.
SO WE BUMPED THE BUDGET UP, UH, IN YOUR PROPOSED BUDGET TO 17.1 MILLION.
SO A PRETTY SUBSTANTIAL INCREASE OF ABOUT 5.8%.
STEVEN, SO HELP ME, HELP ME WITH, SO THE SALES TAX, RIGHT? UM, WHERE DOES THE MAJORITY OF THAT COME FROM? IT'S VERY DIVERSE.
SO OBVIOUSLY RESTAURANTS THAT, THAT'S WHAT I WAS GETTING AT ARE BIG ONE.
IT'S A VERY VOLATILE SOURCE OF THE INCOME, IS THAT RIGHT? IT'S MORE VOLATILE.
I WOULDN'T, I WOULDN'T SAY, I MEAN, IT IS, YOU KNOW, AND ADDISON BEING SO BUSINESS FOCUSED, ALMOST EVERYTHING HERE IS, IS REALLY TIED DIRECTLY TO THE ECONOMY.
SO IF, YOU KNOW THERE'S RECESSIONARY CONDITIONS, OUR OFFICE BUILDINGS, UH, LOSE A LOT OF VALUE, WE LOSE A LOT OF SALES TAX TOO.
WELL, I GUESS WHAT I WAS GETTING AT IS LIKE, DO YOU KNOW LIKE HOW MUCH IS ACTUALLY, IF THERE'S A SLOW DOWN IN THE ECONOMY, RIGHT? AND PEOPLE STOP SPENDING MONEY, I MEAN, IS THAT A GOOD PORTION OF THAT SALES TAX? OR, OR DO WE HAVE, YOU KNOW, A BUNCH OF MANUFACTURERS AND DISTRIBUTORS THAT MAKE UP THAT SALES TAX AS WELL? WE DON'T HAVE REALLY MANUFACTURING SUBSTANTIAL, UH, THERE ARE SOME DISTRIBUTION COMPANIES THAT MAKE UP THAT ARE SOME OF OUR LARGER TAXPAYERS.
UM, BUT YOU HAVE INFORMATION SERVICES IS A, IS A BIG ONE.
UM, SO WE'RE GETTING PRETTY, AND, YOU KNOW, FOLKS ARE STILL GONNA BE BUYING THOSE.
'CAUSE IT'S ALMOST A REQUIREMENT NOW.
SO YOU'RE NOT GONNA LOSE A LOT FROM, FROM THOSE CATEGORIES.
UH, RESTAURANTS ARE, YOU KNOW, I THINK 15 GENERALLY BETWEEN 15 AND 20%.
SO, AND THEN IF YOU THREW ALCOHOL ON TOP OF THAT, I MEAN, ARE WE AT LIKE 50% OR AS FAR AS, UM, WHAT PERCENTAGE OF THAT SALES TAX, 17 MILLION, WHAT PERCENTAGE OF THAT SALES TAX IS REALLY, I MEAN IF PEOPLE JUST STOPPED SPENDING MONEY, AT WHAT PERCENTAGE OF THAT SALES TAX REVENUE COMES FROM LIKE RESTAURANTS AND ALCOHOL SALES, I GUESS? YEAH, ABOUT 50.
GENERALLY 15 TO 20% IS FROM RESTAURANTS.
WE GET AN ADDITIONAL TAX FOR MIXED BEVERAGES.
YOU GET SALES TAX AND AN ADDITIONAL MIXED BEVERAGE TAX.
SO WE WOULD, YOU KNOW, PEOPLE STOP DRINKING AND ASK AND WE'D BE HIT ON A COUPLE OF FRONTS.
BUT, UM, SO, SO YES, BUT IT IS VERY DIVERSE.
WE HAVE SUBSTANTIAL WHOLESALE TRADE, RETAIL TRADE, UM, YOU KNOW, THE RESTAURANTS.
THAT'S HELPFUL INFORMATION SERVICE.
SO DOES WHOLESALE TRADE GENERATE SALES TAX? IT, IT DOES NOW, NOT IF IT'S GOING TO BE, YOU KNOW, SOLD WITH SALES TAX BY ANOTHER DISTRIBUTOR.
IT DOESN'T, BUT, UH, SO IF IT'S SOLD TO A RESELLER, THEN NO, BUT WE DO GET SOME FOR, FOR WHOLESALE.
THE ONLY, THE ONLY THING I WANT TO ADD IS IF YOU LOOK AT THAT SLIDE, IT LOOKS EXTREMELY VOLATILE.
RIGHT? BUT, BUT IF YOU TAKE OUT WHAT, WHAT WE BUDGETED AND REALITY, YOU KNOW, AS FAR AS THE PROJECTION, IT SMOOTHS IT OUT.
AND THAT'S ALSO INCLUDING COVID-19 INTEREST.
THE, THE, THE BIG DOWNSWING IS WHAT WE BUDGETED
SO IF THAT'S A A GOOD POINT, POINT MEAN, IF THERE WASN'T IN THERE RIGHT.
YOU KNOW, IF YOU DID REMOVE INITIAL LOOK, LIKE, OH MY GOSH, WE RUN A ROLLERCOASTER, RIGHT? YEAH.
YOU TALKING ARY FUNDS, PEOPLE STOP GOING THE REGISTER, STOP GOING OUT FOR DINNER.
IF, IF THERE WAS A SLOW DOWN, HOW MUCH, HOW MUCH RISK IS BAKED INTO THE BUDGET IF, IF THINGS REALLY SLOWED SO I, OR OR JUST A, A RECESSION OR A SLOW DOWN THEN AFTER THE COVID.
SO I THINK CERTAINLY YOU'RE RIGHT, THAT SALES TAX MORE VOLATILE PROPERTY TAX.
I THINK IT'S REALLY INTERESTING AS WE'RE GOING THROUGH THE BUDGET PROCESS RIGHT NOW, WE'RE ALWAYS LOOKING AT OTHER CITIES AND THERE ARE CITIES VERY CLOSE TO US, A NUMBER OF CITIES THAT ARE SEEING A, A DECREASE IN THEIR, THEIR SALES TAX.
SO THEY'RE HAVING TO WRESTLE WITH THAT.
AND A LOT OF THOSE, WHEN THEY, WHEN THEY TALK ABOUT IT, THEY'RE REALLY RELYING ON ONE SECTOR, SOMETIMES ONE BUSINESS FOR, AND THAT'S WHAT A BENEFIT THAT WE HAVE IS THAT WE ARE DIVERSIFIED, BUT WE WE'RE NOT IMMUNE FROM.
I WOULD LOVE TO KNOW WHY OTHER CITY SALES TAX ARE GOING DOWN AS THINGS TABLE ARE GOING UP.
SOME OF IT, UNFORTUNATELY WE CAN'T GET DETAILS ABOUT THAT.
WE COULD READ THEIR BUDGETS AND SEE IF THEY MAY GIVE US DETAILS, BUT IT IS CONFIDENTIAL INFORMATION.
SO AS FAR AS INDIVIDUAL SECTORS OR INDIVIDUAL BUSINESSES LEADING OR COMING OR GOING, UM, THAT'S NOT INFORMATION THAT YOU'D BE ABLE TO GET FROM THE COMPTROLLER'S OFFICE.
AND WE, WE GET THOSE CONFIDENTIALITY REPORTS
[04:05:01]
FOR, FOR WHAT'S IN ADDISON, BUT IT'S REALLY FOR, YOU CAN'T TELL ANYBODY ABOUT IT AND CAN'T REALLY ONLY USE IT FOR BUDGETING PURPOSES AND THAT TYPE OF THING.YOU THINK IT'S PARTLY BECAUSE OF THE HOW DIVERSE, UH, WE ARE.
I MEAN, YOU, ON THE QUARTERLY FINANCIALS YOU SHOW THERE'S LIKE THE LITTLE PIE CHART, YOU KNOW, AND, AND IT'S, UM, INDUSTRY GROUPS, CATEGORIES, AND THERE'S, THERE'S, THERE'S NOT ONE THAT'S MORE THAN LIKE 23%.
WE DON'T HAVE ANY THAT, THAT GENERALLY ARE OVER 20%.
SO EVERY WE HAVE, WE PROBABLY HAVE FIVE THAT ARE BETWEEN 10, 10 AND 20%.
SO WHEN WE TALK ABOUT THE DIVERSITY THAT IF WE WERE HITTING ONE SECTOR LIKE RESTAURANTS, RIGHT? WHEN YOU HIT IN 2025 AND RESTAURANTS AND THERE WAS A DECREASE THERE.
BUT SOME OF THESE OTHER SECTORS, UM, ESPECIALLY IF YOU LOOK AT LIKE AMAZON
UM, YOU LOOK AT SOME OF THE RETAIL PLACES WHERE PEOPLE WERE ORDERING ONLINE AND HAVING IT DELIVERED BIG INCREASES IN THOSE.
SO IT IS A LITTLE BIT OF A, A TUGGING TO RIGHT HERE.
THAT'S AN INTERESTING DISCUSSION.
OKAY, I GET THE MESSAGE GENERAL MOVING RIGHT ALONG.
ANCHOR GENERAL FUND EXPENDITURE.
SO THE GENERAL FUND IS PROVIDING THE BULK OF THE SERVICES.
SO 65% OF THAT BUDGET IS IN PERSONNEL.
UM, AND THE MAJORITY OF THAT IS GONNA BE PUBLIC SAFETY DEPARTMENTS.
UH, 18% THERE IS CONTRACTUAL SERVICES.
UH, SO THOSE TWO THERE MAKE UP 83% OF THAT OVERALL GENERAL FUND EXPENDITURE BUDGET.
UH, WE ALSO, WE ALWAYS SHOW THIS SLIDE EACH YEAR, BUT WHEN YOU LOOK AT THE OVERALL GENERAL FUND BUDGET, UH, AND, AND HOW IT'S FUNDED, UH, 8% OF THAT COMES FROM RESIDENTIAL PROPERTY TAX.
SO THE OTHER 92% IS PROPERTY TAX ON, UH, COMMERCIAL OR SALES TAX OR, UM, YOU KNOW, OTHER FEES AND CHARGES THAT ARE BEING GENERATED THERE BY THE GENERAL FUND.
AND KIND OF RECONCILING WHERE WE ARE IN FISCAL YEAR 25 OF WHERE WE, UH, ARE PROPOSED IN FISCAL YEAR 26.
SO OUR FISCAL YEAR, 2025, UH, EXPENDITURE BUDGET WAS 50.27 MILLION.
UH, THE CHANGES FROM FISCAL YEAR 25 TO, UH, THE PROPOSED BUDGET THAT YOU HAVE IN FRONT OF YOU.
UH, SO WHEN WE TALKED ABOUT THE RESOURCE MAXIMIZATION YESTERDAY, 210,000 OF THAT WAS FROM THE GENERAL FUND.
SO REDUCING, UH, EXPENDITURES BY, UH, 210,000, UH, THAT 4% COMPENSATION POOL FOR THE GENERAL FUND IS, UH, 1.02 MILLION.
UH, THE HEALTH INSURANCE INCREASE IS, IS 240,000.
UH, THE DECISION PACKAGES THAT ARE IN THE PROPOSED BUDGET, UH, ABOUT 640,000.
AND THEN THAT'S REALLY THE, THE MAJORITY OF THAT IS THAT PUBLIC SAFETY STEP PLAN.
AND THEN BASELINE ADJUSTMENTS MAKE UP 490,000.
UH, THE BIGGEST PORTION OF THAT IS RELATED TO UTILITIES, UH, WHICH ARE ABOUT 30%.
UH, AND THAT JAIL SERVICES CONTRACT, WHICH COMES AT IN AND ABOUT 25% OF THAT, THAT TOTAL
AND A LOT OF THOSE SLIDES SAID THREE AND A HALF FOR COMP FIVE FOR HEALTH.
SO WHY, SO THIS IS WHAT'S BUDGETED IN FISCAL YEAR 2026 WHEN WE GET TO THAT LONG TERM PLAN, WHAT'S BUDGETED FOR THE, FOR THE NINE ADDITIONAL YEARS IN 2027 OR WHAT'S NOT BUDGETED, BUT WHAT'S, WHAT'S IN THE OBJECTION IS FORECASTED AT THREE AND A HALF AND 5%.
SO THE BUDGET HAS 4% PER COMPENSATION, 7% FOR HEALTH INSURANCE.
THE YEARS BEYOND 2026 HAVE THE THREE AND A HALF.
WELL GENERALLY THE, THE SALARIES DON'T GENERALLY GO UP 4% EXACTLY, BECAUSE YOU HAVE FOLKS THAT RETIRE.
SO THERE IS, THERE IS A LITTLE BIT OF A GAP IN THERE.
UM, HOPEFULLY, UH, I MEAN I CAN'T SAY ANYTHING ABOUT HEALTH INSURANCE.
I, I MEAN IT'S, I DON'T THINK ANYBODY KNOWS WHAT WE'RE GOING ON WITH THAT.
UM, SO THAT, THAT'S JUST OUR BASELINE PROJECTION.
SO OBVIOUSLY IF HEALTH INSURANCE WENT UP, YOU KNOW, 10, 15% IN FUTURE YEARS, WE COULD CHOOSE BECAUSE WE DIDN'T HAVE ENOUGH BUDGET TO GIVE US A SMALL RAISE.
AND IN, IN, IN FATTER YEARS, WE COULD GIVE 5%.
SO HE'S TALKING ABOUT AN AVERAGE.
SO ONE, WHEN I, WHEN I, WHEN I DO THAT AND I DO THOSE LONG RANGE PROJECTIONS, I MAKE SURE THAT IT'S A STRUCTURALLY SOUND BUDGET SO THAT OUR OPERATING REVENUES, UH, ARE EQUAL TO OR EXCEED OUR OPERATING EXPENSES.
SO IF 4% PUTS ME OVER THAT, THAT I, I PUT IN A LITTLE SO THAT WE'RE PLANNING, UH, THAT, THAT WE DON'T HAVE 4%, WE MAY HAVE THREE POINT HALF PERCENT LESS.
I JUST WANTED TO MAKE SURE IT WASN'T IN THERE.
UH, AND THEN OVERALL GENERAL FUND REVENUE.
[04:10:02]
SO YOU CAN SEE THE BREAKDOWN, UM, BREAKDOWN THERE.UH, THE PROPERTY TAX IS ABOUT, SO LITTLE, LITTLE OVER 430,000, I GUESS 400, ALMOST 440,000, UH, PROPERTY TAX.
MAJORITY OF THAT INCREASE THERE IS RELATED TO, AGAIN, THE SALES TAX, WHICH, UH, IS GOING UP, UH, ALMOST A MILLION DOLLARS IN THE PROJECTION.
UH, SO AGAIN, OVERALL 52,458,000 AND THEN GOING THROUGH EXPENDITURES BY DEPARTMENT.
SO THESE ARE, UH, WHAT'S IN THE PROPOSED BUDGET, GENERAL GOVERNMENT.
STEVEN, I'M SORRY, CAN YOU GO BACK FOR A SECOND? YES.
SO THE NON-PROPERTY TAX, HOW MUCH OF THAT IS SALES TAX? IS THAT, IS IT A HUNDRED PERCENT OF THAT SALES TAX? NO, 17 POINT, ONE OF THAT IS SALES TAX AND THEN 1.3 IS MIXED BEVERAGE TAX.
SO WHEN I SAID THAT IF PEOPLE STOP DRINKING IN ADDISON, THAT WE GET HIT FROM, FROM A COUPLE OF EVENTS, WE LOSE SOME SALES TAX AND THEN YOU'D LOSE SOME MIXED BEVERAGE TAX 'CAUSE THERE'S AN ADDITIONAL TAX ON MIXED BEVERAGE.
BUT THE, BUT THE 18,400, I MEAN 18 MILLION, HOW IS THAT BROKEN OUT? YOU SAID 17% SALES TAX, 17.1 BILLION IS SALES TAX.
OH, I THOUGHT YOU WERE TALKING ABOUT THREE.
WHEN IT SAYS, UH, FINES AND PENALTIES WE'RE TALKING ABOUT LIKE TRAFFIC TICKETS, THAT'S CORRECT.
IT HAS NOTHING TO DO WITH CODE ENFORCEMENT AND THOSE FINES.
YEAH, IF THEY, IF SOMEONE GOT A TICKET RELATED TO CODE ENFORCEMENT, THEY WOULD GO THROUGH THE MUNICIPAL COURT.
SO THAT MIGHT BE WHERE WE'RE SEEING A, A BUMP TO THREE 90.
UH, IT'S PROJECTION, YOU KNOW, WELL LAST YEAR WE WERE, WE WERE A LITTLE HIGHER THAN WHAT WE BUDGETED, SO WE'RE TRENDING HIGHER.
IT'S BEEN LESS PEOPLE ON THE ROADS, YOU KNOW, AFTER COVID.
SO IT TOOK A SHARP TURN DOWN AND IT'S, YOU KNOW, YOU NOTICE MORE PEOPLE OUT ON THE ROAD.
SO A LITTLE BIT MORE TICKETS PROBABLY HAPPENING.
SO I THINK WE'RE JUST SEEING IT RECOVERED 'CAUSE THERE'S MORE FOLKS OUT ON THE ROADS.
WHAT, WHAT WENT UP SO HIGH IN THE RENTAL IN THIS YEAR? RENTAL INCOME.
SO WHEN, UH, WE LOOK AT THE FACILITY CONSOLIDATION, UM, AND THERE WAS THE CONFERENCE, YOU KNOW, THE CONFERENCE CENTER THAT'S NOW THE TOWN HALL WHEN THAT WAS THE CONFERENCE CENTER, UH, THE HOTEL FUND WAS PAYING FOR THE MAINTENANCE OF THAT FACILITY.
UM, SO, AND THE ECONOMIC DEVELOPMENT FUND, WHO OFFICE OUT THERE WAS PAYING SOME RENT TO THE HOTEL FUND.
UM, NOW THAT, UH, FACILITY IS, IS THE, THE MAINTENANCE IS COMING OUT OF THE CITY MANAGER'S OFFICE BUDGET, UM, AND THE HOTEL FUND, UH, WHICH HAS MARKETING.
SO MARKETING'S ING OUT OF THERE AND ECONOMIC DEVELOPMENT'S STILL ING OUT OF THERE.
THEY'RE PAYING RENT TO THE GENERAL FUND TO COVER, UH, BASICALLY THEIR, THEIR UTILITIES AND THOSE TYPES OF THINGS IN THAT FACILITY.
SO
AND THEN ECONOMIC DEVELOPMENT, THE SAME THING.
THEY'VE BEEN PAYING THE HOTEL FUND, BUT NOW THEY'RE GONNA PAY THE GENERAL FUND.
'CAUSE THE, THE MAINTENANCE COSTS OF THAT BUILDING ARE NOW GONNA COME OUT OF THE GENERAL FUND.
SO THE HOTEL FUND WILL HAVE, RIGHT.
THEY, THEY'RE PAYING 40,000 IN RENT AND THEN OVER THERE.
SO THAT'S GONNA GO DOWN WHERE THIS CORRECT.
NOW THE HOTEL FUND ALSO WENT DOWN ON THEIR MAINTENANCE COST BECAUSE THEY'RE NOT PAYING FOR THE FULL MAINTENANCE OF THAT FACILITY.
I JUST THOUGHT IT WAS A BIG INCREASE AND I DIDN'T KNOW WHY.
UM, SO WHERE IS THE RENTAL AND REGISTRATION? UH, WHERE, WHERE DOES THAT GO? BECAUSE IT'S LIKE 400,000, ISN'T IT? YEAH, THAT IS WITHIN THE SERVICE FEE.
SO OUR ORIGINAL BUDGET, 2.7 MILLION.
UH, BECAUSE OF THAT IMPLEMENTATION THIS YEAR, OUR ESTIMATE IS A LOT HIGHER THAN THAT.
SO, AND YOU CAN SEE IN, IN THE BUDGET FOR 26, WE'VE INCORPORATED, UH, THAT RENTAL REGISTRATION FEE, UH, INTO THAT.
AGAIN, EXPENDITURES BY DEPARTMENT.
UH, THIS IS, UH, THE GENERAL GOVERNMENT, SO THIS IS ALL OF YOUR ADMINISTRATIVE DEPARTMENTS.
UH, 11.2 MILLION, UH, IS, IS IN THE PROPOSED BUDGET, UH, FOR THOSE DEPARTMENTS.
AND WE HAVE PUBLIC SAFETY OF 27.3 MILLION.
AND THAT'S THE MAJORITY OF THE INCREASE IN THE BUDGET IS RELATED TO, UH, PUBLIC SAFETY.
AND THAT'S REALLY RELATED TO JUST THE, THE, THE IMPLEMENTATION AND THE PERSONNEL COST RELATED TO, UM, JUST THE, THE REGULAR INCREASE, BUT ALSO THAT THE DECISION PACKAGE FOR THE STEP PLAN.
UH, DEVELOPMENT SERVICES, THREE POINT, UH, JUST OTHER 3.5 MILLION, UH, STREETS, 2,353,000.
[04:15:01]
AND REC PARKS IS AT 5.9 MILLION.AND, UH, THE RECREATION DEPARTMENT AT 2.2 MILLION.
SO OVERALL, UH, EXPENDITURES 5 MILLION TWO HUNDRED AND FORTY FOUR, FIVE FIFTY 2 BILLION, 447,000.
SO WHEN WE LOOK AT THAT, UH, AND WHERE THAT GETS US WITH OUR FUND BALANCE, SO WE'VE GOT REVENUES EXCEEDING EXPENDITURES BY ABOUT $11,000.
UH, SO THAT MEANS THIS WAS JUST OVER 21 MILLION, UH, IN ENDING FUND BALANCE.
UM, SO ABOUT 40.1% OF THE OPERATION, UH, OPERATING EXPENSES AND RESERVE, UH, WHICH IS ABOVE THE COUNCIL'S ADOPTED POLICY OF 25% IN THE GOAL OF 30%.
ANY QUESTIONS ABOUT THE GENERAL FUND BEFORE WE GET A LITTLE BIT FURTHER? ANYBODY? I'M GOOD.
I'VE GOT A COUPLE ABOUT, UH, PARKS AND DECISION PACKAGES.
AM I SKIPPING, AM I SKIPPING AHEAD OR, UH, YOU MIGHT BE, 'CAUSE THEY DON'T HAVE ANY THAT ARE OPERATING OR WILL THEY DO FOR THE MAINTENANCE OF, OF, UH, THE COTTON ABOUT TRAIL? YEAH, LET ME, LET ME ASK ABOUT THAT IF I COULD.
UM, I'M JUST TRYING TO GET A FEEL FOR WHEN, WHEN THE TRAIL MIGHT BE COMPLETED, IF WE HAVE AN IDEA OF SECTIONS.
IS THAT WHAT WE'RE TALKING ABOUT? AFTER IT'S COMPLETED? AFTER IT'S COMPLETED.
JANITON, WELL, DIRECTOR OF PARKS AND RECREATION.
UM, THE FEE THAT WE INCLUDED IN THAT ONE TIME DECISION PACKAGE WAS JUST FOR THE PHASE THAT IS UNDER CONSTRUCTION RIGHT NOW, WHICH IS ESTIMATED TO BE COMPLETE, UM, TWO PHASES.
THE FIRST PHASE IS ESTIMATED TO BE COMPLETED IN DECEMBER OF 2025, WHICH IS THAT SEGMENT FROM THE TOLLWAY, UM, TO WHERE THE SILVER LINE IS OVER TO ALLISON ROAD TO WHERE THE BRIDGE WOULD CROSS.
AND THEN IT ALSO INCLUDES A LITTLE BIT OF MAINTENANCE FOR THE ELEVATED BRIDGE, WHICH WILL START CONSTRUCTION IN JANUARY OF 2026.
AND COMPONENTS AROUND THAT AREA MAY BE COMPLETE.
SO WHERE IT COMES TO GRADE MAY BE COMPLETE WITHIN 2026.
AND SO WE INCLUDED CLIENTS TO DO MAINTENANCE ON THOSE SEGMENTS ONLY.
AND HOW WE CAME ABOUT THAT NUMBER IS WE TOOK THE RED TRAIL EXPENSES PER ACRE AND COMPARED THAT TO PER ACRE OF THE COTTON BELT TRAIL ADDED IN 10% CONTINGENCY.
IS, IS THERE NOT ANY MORE PARKED PROJECTS IN THIS BUDGET? THERE ARE, BUT THERE ARE ONE TIME REQUESTS.
SO WE HAVE A LIST OF THOSE THAT COME.
DO WE NEED TALK ABOUT 'EM NOW? THE ONE TIME REQUEST? WE HAVE BEEN A SUBSEQUENT SIDE.
AND THOSE ARE ALL THE SAME PROJECTS.
WE, WE TALKED, SO THOSE WERE JULY, SO THERE'S NOT ANY CHANGES FROM WHAT WE DISCUSS AT THAT ONE.
SO WE'RE NOT GONNA GO THROUGH THOSE IN DETAIL, BUT IF YOU HAVE ANY QUESTIONS, BRING 'EM UP.
LOCAL SERVICE, UH, ORGANIZATION, UH, PARTNERSHIP.
SO THIS IS, UH, ONE AREA FOR NONPROFIT FUNDING.
SO AGAIN, THE SAME, THE SAME COMMITTEE THAT LOOKED AT THE, UH, PERFORMING ARTS ORGANIZATIONS ALSO LOOKED AT THESE ORGANIZATIONS.
UH, THIS IS ACTUALLY IN THE CITY COUNCIL'S, UH, BUDGET.
UH, YOU CAN SEE THE ACTUALS AND HOW THOSE WERE FUNDED, WHICH ORGANIZATIONS WERE FUNDED, WHAT'S IN OUR BUDGET FOR THE CURRENT FISCAL YEAR, UH, WHAT WAS REQUESTED BY THESE ORGANIZATIONS.
THERE ARE SOME NEW ONES, UH, AS WELL.
AND THEN WHAT ARE THE RECOMMENDATIONS, UH, FROM THE COMMITTEE AND, UH, THOUGH THAT RECOMMENDATION FROM THE COMMITTEE IS WHAT IS INCLUDED IN THE PROPOSED BUDGET.
SO, UH, ADDISON ARBOR FOUNDATION, 65,000, UH, I BELIEVE 45,000 OF THAT IS, UM, IS, UH, IS CASH FUNDING.
AND THEN THE OTHER 20 20,000, I THINK IS, IS MATCHING, IF I REMEMBER CORRECTLY.
UH, DALLAS CAT LADY, THE SAME FUNDING, UH, METRO CREST, UH, SERVICES, UH, THEIR REQUEST WAS 210,000.
THE COMMITTEE WAS RECOMMENDING 187,129, UH, WOVEN HEALTH CLINIC, UH, REQUESTED 6,500.
UH, THEY, UH, ARE RECOMMENDED AT 5,000, UH, JEWISH FAMILY SERVICES, WHICH IS A, A NEW APPLICANT, UH, BUT IS ALSO OPENING THEIR FACILITY HERE IN ADDISON.
I REQUESTED 50,000 RECOMMENDATION FROM THE COMMITTEE.
SO ANY ADDITIONAL QUESTIONS ABOUT ANY OF THESE? WE HAVE THE COMMITTEE MEMBERS HERE, THIS WOVEN HEALTH CLINIC.
HAVE YOU DRIVEN THERE? HOW DOES THAT SERVE THE ADDISON COMMUNITY? THAT IS SO FAR OUTSIDE THE BOUNDARIES OF ADDISON THAT I, I DON'T EVEN SEE HOW THEY STRETCHED EVEN ASK US FOR FUNDING.
SO THEY SERVE ADDISON RESIDENTS.
I'M, I'M NOT A HUNDRED PERCENT SURE EXACTLY WHERE OR HOW THAT WORKS.
[04:20:01]
WERE WAY THE OTHER SIDE OF 6 35 OVER THERE.I DROVE OVER THERE JUST TO LOOK TO SEE WHERE THEY'RE, I DON'T SEE HOW IN THE WORLD THEY CAN, THEY, UH, ADDISON RESIDENCE WOULD BE SERVED FROM THERE.
THEY, THEY, I DON'T REMEMBER WHAT THE NUMBER IS EITHER, BUT THERE'S A, THERE'S A PRETTY DECENT NUMBER OF ADDISON FOLKS WHO GO OVER THERE.
DO THEY DO SOMETHING UNIQUE TO THE OTHER TWO PLACES THAT WE'RE FUNDING THAT'S MORE LOCAL? DO THEY DO SOMETHING DIFFERENT THAN THOSE? IT'S ACTUALLY A HEALTH CLINIC.
WELL, AREN'T THESE, I I KNOW JFS IS ALSO GOING TO BE A HEALTH CLINIC.
GOING TO BE GOING TO BE, YEAH.
METRO SERVICES DOESN'T PROVIDE ANY HEALTH CLINIC FACILITIES.
WHICH ONE? METRO SERVICES METRO.
NO, THEY DON'T HAVE ANY MEDICAL.
SO WHAT ARE WE, WHAT DO THEY DO FOR 107,000? WHAT KIND OF SERVICES DO THEY PROVIDE? SO, UH, IN THIS, THIS IS A POINT OF REFERENCE.
IF YOU GO ON YOUR ONEDRIVE IN THE BUDGET FOLDER, YOU'LL SEE ALL OF THE APPLICATIONS, BOTH THESE AND THE THEATER ONES JUST FOR REFERENCE LATER.
I MEAN, THEY DO, THEY HAVE THE FOOD BANK, OBVIOUSLY, THEY ALSO HAVE A NUMBER OF SERVICES THAT THEY PROVIDE.
UM, SIMILAR TO WHAT, AND THIS IS SOME OF THIS CONVERSATION IS THEY DO SOMETHING SIMILAR TO JEWISH FAMILY SERVICES WHERE THEY'LL DO, IF SOMEBODY NEEDS HELP LOOKING FOR A JOB AND THINGS LIKE THAT, THEY'LL COME IN AND HELP 'EM.
A A PIECE THAT THEY'VE INCREASED FOR US OVER THE PAST TWO YEARS NOW, TWO AND A HALF YEARS, IS HELPING WITH HOMELESSNESS.
SO THEY'VE WORKED WITH OUR TEAM WHERE THEY'LL COME OUT WHEN WE ENGAGE WITH HOME A HOMELESS INDIVIDUAL AND THEY'LL OFFER THEM RESOURCES AND THEY HAVE A TEAM THAT'S OUT THERE.
SO AS FAR AS THE IMPACT ON ADDISON OVER THE PAST COUPLE OF YEARS, THAT'S BEEN THE BIGGEST ONE DIRECTLY FOR US AS FAR AS THE NEW SERVICE.
BUT REALLY THEIR FOOD BANK AND THOSE KIND OF THINGS THROUGH THEIR BREAD AND BUTTER, DON'T, THEY HAVE PRETTY GOOD CHARTS AND NUMBERS ABOUT HOW THEY SERVE ADDISON PEOPLE? YEAH.
ON, ON, UM, WOVEN, THEY'RE NOT, LIKE YOU SAID, THEY'RE NOT VERY GEO GEOGRAPHICALLY DESIRABLE FOR OUR COMMUNITY MM-HMM
UM, BUT THEY DO HAVE LIKE A LITTLE SATELLITE OFFICE, IF YOU WILL, OVER AT METRO PRESS SERVICES.
UM, BECAUSE METRO PRESS SERVICES DOESN'T OFFER THAT, THAT SAME TYPE OF OF SERVICE.
SO THEY, THEY WORK IN CONJUNCTION.
YEAH, I WANNA SAY IT'S LIKE OPHTHALMOLOGY.
THEY, THEY'RE DOING THINGS THAT, THAT METRO'S NOT, AND JFS WILL ROLL INTO THAT NEXT YEAR, BUT EVEN JFS WON'T DO HOMELESS.
SO EACH ONE HAS ITS OWN COMPONENT OF STRENGTH OR WEAKNESS, IF THAT MAKES SENSE.
I, I, COMPARATIVELY THAT'S A VERY SMALL NUMBER.
BUT IT JUST DOESN'T SEEM VERY GEOGRAPHICALLY TO USE YOUR WORDS CONDUCIVE TO ADDISON RESIDENTS.
SO, BUT THERE, BUT THERE ISN'T ANYTHING CLOSER TO MY KNOWLEDGE FOR ADD FOR FOLKS THAT HAVE THAT NEED TO GO TO THAT.
SO I DON'T REMEMBER WHAT NUMBER IS, BUT IT'S A PRETTY DECENT NUMBER OF FOLKS THAT THEY SERVE.
ONE OF THE THINGS WE DISCUSSED IN THE COMMITTEE IS, UM, WHEN YOU TALKING ABOUT METRO PRESS SERVICES AND WOVEN AND THEN JFS MOVING, MOVING INTO ADDISON, YOU KNOW, IN THE FUTURE, YOU KNOW, WE'RE GONNA NEED TO LOOK AT THAT.
THOSE, THOSE, UH, OVERLAPPING, OVERLAPPING SERVICES A LOT.
AS THE LONG AS WE'RE LOOKING AT.
THERE'S NO NEED TAKING THE APPLE AND SPLIT IT THREE WAYS.
AND, AND I THINK WOVEN IS GOING TO, THEY'RE, THEY'RE SHARING THAT THEY'RE GONNA BE IN THEIR, THEIR OFFICES AND, AND STARTING UP BY SOMETIME IN FEBRUARY.
WE WILL HAVE A DIFFERENT, DIFFERENT LOOK AT THEM AT THE WHOLE CONTRACTION, I THINK.
BUT, BUT THE THING ABOUT THESE, ALL THREE OF THESE IS THAT, THAT THEY PROVIDE SERVICES THAT, THAT WE NEED TO BE ABLE TO PROVIDE TO OUR RESIDENTS, BUT WE DON'T DO IT BECAUSE THEY'RE ABLE TO DO IT FOR US.
AND SO FOR US TO BE ABLE TO FUND 'EM AT THIS LEVEL, THERE'S NO WAY WE COULD EVEN TOUCH THAT TO TRY TO DO ANY OF THOSE SERVICES OR THE SOCIAL SERVICES OURSELVES.
CAN I, UM, SO WE INCREASED OUR, UM, FUNDING FROM 2 41 FROM, AND LAST YEAR'S BUDGET TO 2 87 IS THE RECOMMENDED.
AND THAT WAS INCREASED, UM, FROM, HMM, WHERE YOU GETTING THOSE NUMBERS? THE TOTAL, TOTAL, TOTAL, TOTAL CURRENT.
REALLY JUST THE, THE TOTAL, THE TOTAL INCREASE, WHAT I'M GOING TO IS WE'VE INCREASED METROCREST AND WE INCREASED JEWISH J-F-S-J-F-S.
UM, WHY DID WE INCREASE THAT ON METRO PRESS SERVICES? THAT JUST, I KNOW THERE'S A STORY, BUT I DON'T KNOW WHAT IT IS.
THE AMOUNT THEY REQUESTED THOUGH, I'LL GIVE A JUST FACTUAL INFORMATION.
OBVIOUSLY THIS COMMITTEE COULD JUMP IN.
I, WHEN YOU LOOK AT THEIR APPLICATION, IF YOU, THEY WITH A LACK OF GRANT FUNDS FROM OKAY.
THE FEDERAL GOVERNMENT, LIKE THAT'S REALLY IMPACTED THEM.
THAT WAS A BIG PART OF THEIR REQUESTS.
[04:25:01]
BUT CERTAINLYTHEY'RE PROJECTED TO BE ABOUT A MILLION DOLLAR SHORTAGE YEAR IN THEIR BUDGET.
THAT PROVIDES SOME VERY VALUABLE SERVICE TO OUR TOWN.
AND, UM, WE JUST FELT IT WAS JUSTIFIED TO, TO, YEAH.
WE'VE HEARD THE SLIGHT INCREASE NORTH TEXAS FOOD BANK IS, IT HAS THE SAME SITUATION WHERE THEY'RE, THEY'RE LOSING A LOT OF THEIR FUNDING AND, AND, AND, AND NORTH TEXAS FOOD BANK IS A PARTNER WITH METRO CRE AND SO IT JUST, IT ALL FLOWS DOWNHILL.
AND SO THE FOOD PANTRIES ARE, ARE, ARE STRUGGLING FINANCIALLY.
THANK YOU TO THE COMMITTEE'S EFFORTS ON HEARING THESE.
AND ALSO I KNOW FROM METROCREST, THEY, THEY HAVE GOOD REPORTING AND THEY REALLY DO SHOW THEIR STORY.
SO THEY SURE DO IF YOU SAY THEY, THEY DESERVE IT.
UM, AND WE HAVE GOOD DISCUSSION AS A COMMITTEE TOO, I THINK.
AND THEN JEWISH FAMILY SERVICES, I KNOW THEY DO GOOD WORK ALSO, THEY'RE NEW NOW.
THEY'RE GONNA BE, UH, WE'RE GONNA BE, UH, A CORPORATE CITIZEN HERE IN TOWN.
UM, SO THERE, THERE'S REASON AND I WAS HAPPY THAT, THAT, THAT THEY CAME IN AND PRESENTED TO US.
AND WE WERE, UM, WE RECEIVED IT.
AND, AND THEY'RE EXCITED TO BE IN ADDISON.
IT'S NOT A BUDGET QUESTION, BUT YOU KNOW, SINCE WE DO ALL AGREE THAT WE NEED TO, YOU KNOW, KEEP A TIGHTER REIGN ON SOME OF THESE, UM, DO YOU THINK YOU'LL SEE US HAVING A LIAISON WITH JEWISH FAMILY SERVICES? I, I THINK CERTAINLY THAT MAKES A LOT OF SENSE.
THAT'S REALLY A IT PURVIEW OF COUNCIL, BUT I THINK, YOU KNOW, IT MAKES TO HAVE ONE
I THINK IT WOULD MAKE SENSE TO HAVE IT WITH THEM NOW.
WELL, BUT THEY'RE COMING HELP MOVE IN.
I MEAN, TO, TO, IF THEY NEED SOME WELL THAT'S WHY I BROUGHT IT UP SMOOTHER.
NOW I'M ATTENDING THE METRO SERVICES MEETINGS.
SO WE NEED, WHY DO YOU SAY THIS? OH YEAH, WE DO.
ARE YOU INTERESTED IN THAT ROLE? I THINK HOWARD IS VERY MUCH SO
I WOULD TAKE IT IF HOWARD DIDN'T, HOWARD HAS A RELATIONSHIP WITH THOSE SERVICES.
WELL, BUT YOU'RE THE ONLY ONE THAT DOESN'T HAVE A LIAISON ASSIGNMENT.
I THINK THEY, I THINK THEY DESERVE TO HAVE SOME HIGH POINT.
WELL WE CAN TALK ABOUT THAT LATER ON.
THANKS FOR BRINGING THAT UP THOUGH.
THERE WERE TWO OTHER REQUESTS THAT ARE, ARE IN THE PROPOSED BUDGET AND OTHER FUNDS.
UM, SO VENTURE PRESS, CHAMBER OF COMMERCE AND THE PAST, THIS HAS BEEN, HAS GONE BACK AND FORTH BETWEEN THE SERVICE AGREEMENT AND, AND UH, UM, YOU KNOW, A PARTNERSHIP AGREEMENT.
UH, SO, SO THEY DID PRESENT TO THE COMMITTEE, UH, THEY REQUESTED 38,500.
UH, THE COMMITTEE, UH, WAS, IS RECOMMENDING 42,000 AND THAT'S BECAUSE WE WERE ALSO PAYING THEM, UH, 3,500, UH, FOR THE BUSINESS EXPOS.
ROLLING ALL OF THAT INTO ONE AGREEMENT.
UH, THAT IS WHAT IS IN, UH, THE CURRENT, UH, FISCAL YEAR BUDGET FOR ECONOMIC DEVELOPMENT.
AND THEN WE HAD TRAFFIC 9 1 1.
AND THIS IS A, UH, TO COMBAT, TO COMBAT ORGANIZATION THAT COMBATS, UH, CHILD UH, TRAFFICKING.
UM, THIS CAN BE FUNDED FROM THE CHILD SAFETY FUND.
THESE ARE VERY RESTRICTIVE FUNDS AND IF WE CAN USE 'EM, UH, WE ARE RECOMMENDING WE USE 'EM.
SO, UM, THAT IS APPROPRIATE FOR THAT FUND.
AND THAT'S WHERE, THAT IS BASED HERE IN ADDISON AS WELL.
IS THAT CORRECT? IS THAT AN ALL IN NUMBER? YES.
SO WE, WE'LL GIVE THEM THAT, BUT THEN THEY COME BACK AND SAY WE WANT 10, YOU KNOW WHO TRAFFIC 9 1 1? NO, NO, NO, NO.
THEY ONLY COME BACK AND SAY, YOU KNOW HOW 10,000 FOR A TABLE AT A GALA.
WELL THAT WAS ACTUALLY A DECISION BY THE COMMITTEE, WHICH I THINK IS A SMART ONE BECAUSE WE WERE RIGHT.
IT WAS KIND OF WHAT YOU'RE SAYING.
WE WERE PAYING UP 38 5 AND WE PAYING FOR THIS.
SO THIS 42 NOW BECOMES WHOLE AND THIS IS WHAT WE'RE DOING GONNA COME BACK FOR.
THAT'S, THAT'S WHY THE NUMBER IS MM-HMM
WE WERE MORE CHARITABLE THAN WHAT THEY WERE ASKING.
WE'RE JUST LOOKING OUT FOR TAXPAYER DOLLARS.
I I DIDN'T REVIEW THEIR SERVICE AGREEMENT.
DID IT CHANGE ANY FROM PREVIOUS YEAR? I DON'T THINK SO.
UH, ONE THAT COMES FORWARD WE'LL HAVE THE ADDITION OF THE BUSINESS.
I THINK THERE WAS MAYBE SOME MINOR THINGS THAT WE WORKED OUT WITH THEM, BUT IT WAS ALL IN ALIGNMENT WITH OUR, IT, IT BASICALLY ALIGNS WITH SOME OF MORE OF OUR BUDGET ADJUSTMENTS.
JUST WHERE WE'RE INVESTING, THEY'RE GONNA BE KIND OF PARTNERS WITH SOME OF THAT.
SO WE, THAT SCOPE BOARD, IF THEIR SERVICE AGREEMENT HAD CHANGED MUCH.
I MEAN, 'CAUSE THAT, I THINK THAT'S A RESOURCE THAT WE CAN REALLY USE TO MAXIMIZE.
YEAH, IT IS VERY MINOR CHANGES.
SO WE, WE CHANGED A COUPLE ITEMS LIKE WITH UH, ADDISON BUSINESS ASSOCIATIONS.
LIKE SOME OF THE THINGS WE TALKED ABOUT THERE IS WE WANTED SOME MORE
[04:30:01]
INDUSTRY FOLKS AND THEN, SO WE'RE LOOKING TO PARTNER MORE, SHIFTING SOME DOLLARS THAT, UH, MAYBE WEREN'T BEING REALIZED AND KIND OF CLEANING UP THERE.BUT FOR THE MOST PART, THE SERVICE AGREEMENT IS, IS NOT CHANGING MUCH.
WE JUST KIND OF, AND ALSO TOOK SOME, UH, YOU KNOW, A COUPLE ITEMS OUT AND JUST SHIFTED AROUND.
BUT IT, I WOULD SAY IT'S 90% THE SAME AS PRIOR.
AND IS IT THAT INCLUDED IN THE NON-PROFIT ORGANIZATION OR PACKET OR FILES? UH, YES, THAT'S WHAT I SAID.
I WAS ASKING CHANGE, I YOU FOR CLARIFYING THAT FOR THE RECORD.
LOOKING AT THE GENERAL FUND, UH, OVERALL ASSUMPTION.
SO, UM, LOOKING AT, UH, 3% INCREASE IN OVERALL PROPERTY TAX REVENUE, 2% IN SALES AND MIXED BEVERAGE TAXES.
UH, 3% INCREASE IN SALARIES AND 5% INCREASE IN HEALTH INSURANCE.
AND, UH, COUNCIL MEMBER FREE, I HAVE 3% IN HERE.
AND THE REASON I DO IS BECAUSE THAT'S WHAT WE COULD AFFORD.
UM, SO WITHIN THE GENERAL FUND, UM, TO, TO MAKE EVERYTHING BALANCED IS THAT, THAT, THAT WE WOULD PROJECT THAT, UH, GOING FORWARD SO THAT WE HAVE A STRUCTURALLY BALANCED BUDGET.
UM, BUT THE GENERAL FUND ALSO HAS THE MOST EMPLOYEES.
SO WE GENERALLY SEE THE MOST FOLKS THAT, THAT COME AND COME AND GO SO AS WELL.
SO, UM, AND THEN 1% INCREASE IN OTHER OPERATING EXPENSES.
YOU CAN SEE, UH, THE FUND BALANCE, UH, THE DARK TOP LINE MOSTLY REMAINS FLAT, BUT THE, UH, OTHER TWO LINES CREEP UP A LITTLE BIT.
SO, UH, WE'RE STILL IN A POSITIVE, UH, POSITION.
UH, BUT BECAUSE OF THE EXPENDITURES GOING UP OVER TIME THAT UH, THAT THAT REQUIRED FUND BALANCE AMOUNT DOES, HAS INCREASED.
SO FROM HERE, WE'VE COVERED THESE IN JULY, RIGHT DAVID? YES.
YEAH, SO, SO THESE ARE NOT DIFFERENT THAN WHAT WAS SHOWN IN JULY ALREADY SEEN.
UM, SO COUNCIL HAS ANY QUESTIONS ABOUT ANY OF THESE CAPITAL INITIATIVES? UM, HAPPY TO ANSWER ANY QUESTIONS.
SO WE WON'T GO THROUGH THESE AGAIN, BUT IF ANYBODY HAS SPECIFIC QUESTIONS RIGHT NOW, YOU CAN DO THAT.
IF NOT, IS THIS THE ENTIRETY OR IS THERE ANOTHER PAGE? THERE'S A FEW.
SO THESE ARE CAPITAL INITIATIVES.
SO THESE ARE IN THE CAPITAL IMPROVEMENT PROGRAM? YEAH.
UM, FUNDING SOURCES IS OVER HERE, BUT BECAUSE THESE ARE MULTI-YEAR PROJECTS, YOU SEE SOME FUNDING, RIGHT.
AND, AND IN THE OUT YEARS THERE, UH, THE FOLLOWING SLIDE IS SELF-FUNDED SPECIAL PROJECTS.
SO THESE ARE ONE-TIME PROJECTS.
UH, THESE ALSO WERE ALL PRESENTED, UH, BACK IN JULY.
UH, THEN THE STREET SELF-FUNDED, UH, PROJECTS FUND, THOSE WERE PRESENTED IN JULY AS WELL.
AND THEN, SO THOSE WERE ALL THE ADDITIONAL REQUESTS THAT WERE PRESENTED IN JULY.
GO GO TO THE PARK SPACE PLEASE.
I CAN'T FIND IT SEARCHING THROUGH HERE, BUT YOU CAN PROBABLY TELL ME WHERE IT'S AT.
YOU'RE TALKING ABOUT SWIMMING POOL, THE OUTDOOR SWIMMING POOL, BATHROOM RENOVATIONS.
WHERE IS THAT AT? YEAH, THAT'S NOT A NEW REQUEST.
SO THAT IF YOU LOOK IN YOUR BUDGET AND YOU LOOK AT THE YEAH, I FOUND IT IN THIS BOOK WHEN I, BUT I DON'T SEE IT HERE.
YEAH, IT'S NOT HERE BECAUSE IT WAS APPROVED IN LAST YEAR'S BUDGET.
SO IT WAS A MULTI-YEAR, UM, PROJECT THAT WAS APPROVED IN FISCAL YEAR 2025.
SO THE PORTION THAT IS BUDGETED FOR 2026 IS ALREADY BROKEN.
YOU HAVE 220,000 IN THIS, IN THIS BUDGET HERE, HERE WITH THE PURPOSE AND OH, RIGHT.
SO WE HAD 110 BUDGETED IN THIS FISCAL SCHOOL YEAR.
AND THE REMAINING 220 BUDGETED IN YOUR PROPOSED BUDGET FOR 2026.
CAN WE GET SOMEBODY UP TO TALK ABOUT THAT? YEP.
WHICH ONE IS IT NOW? IT'S, I'M LOOKING FOR IT IS ONE, TWO.
WHERE'S IT GONNA BE IN MY BOOK? HERE? UH, I CAN, I GOT IT.
I, IT IT'S THE AAC C OUTDOOR POOL RESTROOM THEN PERIMETER FENCE.
THAT'S THE ONE I WAS LOOKING RANDY.
YEAH, I'M LOOKING, I'M LOOKING FOR, I'M LOOKING FOR THE PAGE THAT SAYS WHY WE NEED IT.
WHERE IS IT? JIM, CAN I ASK YOU A QUESTION WHILE HE'S SURE.
SO WE DID COMPLETE THE PERIMETER FENCE FOR ANYBODY.
THE PERIMETER FENCE PORTION IS
[04:35:04]
AND IS THAT ATTACHED? JUST BECAUSE WHEN IT WAS INITIALLY BROUGHT UP, BROUGHT UP, IT WAS BROUGHT UP WITH THE BUDGET PROCESS LAST YEAR, BUT IN THAT CONVERSATION COUNCIL SAID WE WERE GONNA DO THE DESIGN ON IT AND COUNCIL'S DIRECTION OF THE STAFF.IS THAT THE SAFETY CONCERN? DON'T WAIT TO DO THE DESIGN WITH THIS OTHER PROJECT.
GO AHEAD AND GET THAT FENCE STARTED.
AND SO WHAT WE DID IS KIND OF A DESIGN FIELD PROJECT FOR CONTRACTOR PREPARED PLANS FOR US.
SO APPROVED IT AND THEN THEY CAME IN AND DID THE WORK TO CONSULTANTS.
I JUST, IT IT CONFUSED ME A LITTLE BIT WHILE IT WAS, WHY IT WAS SHOWN HERE AFTER IT'S ALREADY BEEN DONE.
IS THAT THAT ANYWAY? IT IS BEEN IT BECAUSE IT WAS PART, THE WAY IT WAS LISTED WAS WITH THOSE THREE DIFFERENT THINGS.
WHEN I FIRST SAW IT, I WAS THINKING, WAIT, I THOUGHT WE ALREADY DONE THIS.
WE'VE DONE THE, IT WAS JUST LUMPED IN THIS OTHER TAX.
AND SO THAT'S WHY STILL THERE, IT, IT, IT IS A PERIMETER FENCE AROUND THE ACCIDENT, ATHLETIC OUTDOOR POOL.
WE HAD A PROBLEM GETTING KIDS GETTING INTO THE POOL AREA LATE AT NIGHT.
SO IT'S ALREADY BEEN FIXED IT THAT AND IT DOESN'T LOOK LIKE IT WAS A PROBLEM.
YEAH, THAT'S, THAT'S PROBABLY WHY FIXED.
WHERE IS THE ADJACENT STEPS YOU'RE TALKING ABOUT IN HERE? THE
SO THAT WAS PROBABLY JUST A LITTLE BIT OF A THIS, RIGHT, RIGHT.
IT'S A STEPPING GRATE WHERE THE WALL IS A LITTLE BIT IN THE COLD ELEVATION.
THE COLD DECK ELEVATION IS LOWER THAN THE GRADE ON THE OTHER SIDE OF THE FENCE.
UM, AND WHAT WE ORIGINALLY PROPOSED WAS COMING ALONG THE TOP OF THE FENCE AND PUTTING JUST AN ADDITIONAL BARRIER.
AND OUR CONTRACTOR WE WORKED WITH ON, WE ACTUALLY CAME UP WITH ANOTHER SOLUTION TO SCREEN OFF AN AREA TO PREVENT ACCESS WHERE THAT WAS HAPPENING.
AND THE COST CAME IN FOR A LOT LESS THAN WHAT WE ORIGINALLY ANTICIPATED BECAUSE OF THAT.
AND ARE YOU TALKING ABOUT ON THAT BIG MASONRY WALL? BUT IT'S SOMETHING ON THE TOP OF THAT THAT IT'S ALREADY THAT'S ON.
AND, AND IT'S NOT 15 ON THE INSIDE OF THE POOL.
IT MAY FEEL LIKE THAT WAY, BUT ON THE RED TRAIL THERE'S SECTIONS WHERE ME NOT BEING VERY TALL CAN LOOK OVER THAT FENCE INTO THE POOL AREA.
AND THAT'S WHERE OVER BY THE FIRE STATION THERE IS, BUT NOT WHERE THE BIG HEDGES ARE BY THE FIRE STATION AND THE BACK OF THE AREA WHERE WE HAD OUR OLD CHILLER THAT HAS BEEN ABANDONED.
THOSE TWO LOCATIONS WERE WHERE OUR WERE NO, I JUMPED OVER THAT FENCE IN LESS THAN TWO SECONDS.
I THOUGHT YOU WAS TALKING ABOUT THE LARGE MASONARY WALL THAT WASN'T DOWN WHERE ALL THE HEDGES ARE.
TALK TO ME ABOUT THE RENOVATION OF THE, OF THE BATHROOM, UM, AND THE EXPENSE IN THAT.
WE WERE, UM, APPROVED LAST YEAR IN THE BUDGET PROCESS TO MOVE FORWARD WITH DESIGN AND CONSTRUCTION OF THE REVAMPING THE OUTDOOR POOL RESTROOM.
UM, THAT INCLUDES REPLACING ALL OF THE FIXTURES IN THAT RESTROOM, ALL OF THE STALLS, UM, THAT WE'RE GOING TO HAVE TO DO SOME HVAC WORK OR JUST RECIRCULATE AIR A LITTLE BETTER.
NOT HVAC, BUT RECIRCULATING THE AIR SYSTEM IN THERE.
AND SO WE'RE GONNA HAVE TO PUT SOME HOLES IN THE CMU THAT'S IN THERE.
UM, WE ARE COMING BACK WITH SOME TILE THAT COMES, SOME DECORATIVE TILE TO KIND OF MAKE THOSE PATCHES NOT LOOK LIKE PATCHES TO MAKE IT LOOK FINISHED OUT.
WE'RE PUTTING NEW PARTITIONS IN THERE AND WE'RE PUTTING IN STOREFRONT DOORS WHERE THEY DON'T GO ALL THE WAY TO THE CEILINGS AND WE GET AIRFLOW, BUT THEY CREATE MORE PRIVACY BECAUSE THAT'S ONE OF THE COMPLAINTS THAT WE'VE GOTTEN.
AND WE'RE ALSO RESURFACING THE FLOOR OF THAT RESTROOM WITH, UM, MORE OF A NON-SLIP RESIN MATERIAL THAT HAS SOME GR IN IT BECAUSE THAT'S ONE OF THE SAFETY CONCERNS THAT WE'VE BEEN CALLED ABOUT A LOT.
WE RECEIVED A LOT OF COMPLAINTS ABOUT THE POOL RESTROOM FROM OUR USERS AT THE POOL.
UM, IT'S JUST NOT IN LINE WITH THE REST OF THE FACILITY.
IT'S UM, IT IS AN OUTDOOR SWIMMING POOL BATHROOM.
CAN YOU HAVE THE SHOWER STILL? IT CERTAINLY LOOKS LIKE IT NEEDS A PAINT JOB TO ME AND A PATCH IN THE WALL.
UM, AND IT DOESN'T MEET ADA A REQUIREMENTS.
SO THAT'S WHY THE NEW PARTITIONS, THE PARTITIONS ARE OUT.
LIKE THEY'RE MEETING THEIR LIFE EXPECTANCY IN OUR ASSET MANAGEMENT PLAN WITH SEEING SOME, AND THE TOILETS ARE MEETING THEIR LIFE EXPECTANCY IN OUR AS ASSET MANAGEMENT PLAN.
SO THAT'S WHY WE'RE REPLACING ALL OF THOSE ELEMENTS.
BUT ONCE WE TOUCH CERTAIN THINGS AND WE SPEND MORE THAN $50,000, WE
[04:40:01]
HAVE TO BRING THE OUTDOOR RESTROOM UP TO A DA COMPLIANCE, WHICH ALSO MEANS THAT WE HAVE TO COME IN AND WE HAVE TO ENLARGE SOME OF THE AREAS TO CREATE A DA STALLS AND THAT PROCESS NOT GETTING INTO THE RESTROOM A DA BECAUSE THOSE DOORS ARE FAR BIG ENOUGH FOR A WHEELCHAIR TO GO THROUGH THROUGH IT INTO THE INDIVIDUAL PARTITIONS.THERE'S CERTAIN REQUIREMENTS ON WHEN YOU'RE USING A SINK, UM, HOW MUCH SPACE YOU HAVE TO HAVE TO MANEUVER AROUND THAT SINK, HOW MUCH SPACE YOU ARE REQUIRED TO HAVE IF YOU'RE GOING INTO A STALL AND YOU'RE MANEUVERING IN A WHEELCHAIR AROUND IN THAT STALL AND SHOWERS.
AND WE WEREN'T MEETING THOSE MINIMUMS SPATIAL REQUIREMENTS.
AND SO THE NEW DESIGN THAT WE HAVE DONE PROVIDES THOSE MINIMUM SPA REQUIREMENTS.
SO THE 330,000, THAT WAS A TOTAL PROJECT PRICE WITH FENCE AND BATHROOMS, IS THAT CORRECT? THE FENCE WAS SEPARATE.
IT WAS PULLED OUT AND WE DID THAT IN THIS BUDGET YEAR.
THERE WAS A MIDYEAR BUDGET AMENDMENT TO PAY FOR THAT.
WELL, THE THE 330,000 TOTAL ENCOMPASSES ALL OF ALL OF THAT.
THREE 30 IS NOT JUST FOR THE BATHROOMS. CORRECT.
WHAT IS THE BATHROOM COST GONNA BE WHEN WE'RE DAY IN BATHROOMS? SURE.
I JUST ACTUALLY HAVE PLANS AND WENT OVER A DISCUSSION WITH COST ESTIMATE WITH ASHLEY TODAY.
SO THE RESTROOM DESIGN, AND YOU'RE CATCHING ME COLD.
I'M GOING OFF THE TOP OF MY HEAD AS IN THE BALLPARK OF I THINK A $156,000 FOR THE RENOVATION.
AND THEN WE DID PAY DESIGN FEES OF, I THINK IT WAS $54,000 FOR A CONSULTANT TO DO THE DESIGN WORK.
I, I SAW, UM, YOUR REACTION TO THAT.
I DO WANNA SAY THAT WE ACTUALLY HAD SEVERAL PROPOSALS THAT WERE MUCH HIGHER AND WE WERE ABLE TO FIND A CONSULTANT THAT COULD BRING THE PROJECT IN BELOW THE AMOUNT THAT WE HAD PLANNED.
AND SOME OF THAT WORK HAS TO DO WITH, 'CAUSE IT IS A SAUNA IN THERE IN THOSE RESTAURANTS.
IT'S THE AIR CIRCULATION THAT WE HAD TO, THAT HAD TO BE A BIGGER COMPONENT TO IT THAN JUST, WE HAD TO INVOLVE A STRUCTURAL ENGINEER IN THIS PROCESS.
WE HAD TO INVOLVE AN HVAC PERSON IN THE PROCESS.
WE HAD TO INVOLVE AN ELECTRICAL ENGINEER.
AND THEN WE ALSO HAD TO INCLUDE A RAZ INSPECTOR TO, TO REVIEW THE PLANS FOR AVIATION ACCESSIBILITY.
SO THOSE ARE ALL THE STEPS THAT WE HAD GONE THROUGH IN PREPARING THE PLANS.
AND IF WE HAD NOT DONE ANY OF THAT, WE WOULD'VE BEEN GOOD TO GO.
WE WERE NOT MANDATED TO BRING IT UP TO IT.
BUT WE HAVE, UM, MY DIRECTION THAT I'VE RECEIVED FROM COUNSEL WAS TO IMPLEMENT OUR ASSET MANAGEMENT PLAN, WHICH WAS IDENTIFYING ELEMENTS INSIDE THOSE RESTROOMS AS STARTING HL AND NEEDING REPLACEMENT.
AND SO THAT WAS, AND ALSO RESPONDING TO RESIDENTS THAT EVERY YEAR WE WERE GETTING MORE AND MORE AND MORE COMPLAINTS ABOUT THE CONDITION OF THE RESTROOMS. UM, THE NUMBER OF TIMES THAT THE SINK STOP WORKING AND HAVE TO BE REPAIRED, THE TIMES THAT THE TOILETS START TO LEAK AND HAVE TO BE REPAIRED.
AND SO THAT'S WHY WE WEREN'T MANDATED, BUT WE WERE FOLLOWING THE DIRECTION THAT WE RECEIVED AN ASSET MANAGEMENT PLAN AND WE WERE RESPONDING TO THE RESIDENCE CONCERNS.
FOR THOSE OF US THAT HAVE REMODELED BATHROOMS, I'VE NEVER REMODELED A BATHROOM FOR 150,000.
SO ANYTHING IN A PUBLIC FACILITY THAT'S A PARK BUILDING, RESTROOMS ARE GOING TO BE YOUR MOST EXPENSIVE ITEM THAT YOU PAY FOR.
'CAUSE THEY HAVE TO VIRTUALLY BE V AS VANDAL PROOF AS YOU CAN MAKE 'EM.
AND IT'S NOT LIKE JUST A PERSON WHO LIVES IN A HOME IS GOING IN AND FLUSHING THE TOILET A COUPLE OF TIMES A DAY.
WE HAVE HUNDREDS OF PEOPLE THAT ARE GOING IN AND FLUSHING THE TOILETS AND USING THE SINKS AND THEY GET A LOT MORE USE AND A LOT MORE ABUSE.
AND THE MATERIALS THAT YOU USE ARE ALIVE MORE DURABLE THAN WHAT YOU PUT IN YOUR HOME.
HOW OLD ARE THESE BATHROOMS? I THINK THEY'RE ABOUT 25 YEARS OLD.
SEEMS EXCESSIVE, BUT CAN WE MOVE, CAN WE MOVE ON FROM THIS? THIS I TRY TO AVOID MEASURING THINGS BY THE WAY, I WOULD DO IT IN MY HOUSE WHENEVER I COME TO A COMMERCIAL AND A GOVERNMENT BUILDING.
AND THAT'S, THAT'S KIND OF MY, MY LAND.
IT'S LIKE A THREE TIME MULTI BECAUSE I, LIKE I SAID, I'M, I'M PRETTY CHEAP.
IT'S, IT'S, IT IS VERY EXPENSIVE WHEN THEY HAVE, UM, ALL THE ENGINEERS THAT HAVE TO GO THROUGH THERE, THAT STUFF'S EXPENSIVE.
ANY, ANYTHING ELSE ON THIS? OKAY.
STEVEN, ANYTHING ELSE YOU NEED TO WRAP UP WITH, UH, OR DAVID? NO, WE, WE'LL HAVE, UM, WE HAVE BUDGET MEETING ON THE, ON THE 12TH WE HAVE THE WORK SESSION.
SO I WILL SAY, YOU KNOW, ON THE 12TH, IF THERE'S ANYTHING YOU KNOW THAT RIGHT NOW THAT YOU REALLY WANNA BREAK THAT YOU THINK, HEY, I WANNA BRING IT UP OR OVER THE NEXT FEW DAYS THAT YOU THINK ABOUT, PLEASE BRING IT UP ON THE 12TH.
BECAUSE ONCE WE HIT THE 12TH, WE'RE REALLY, REALLY ON THAT.
WE'RE REALLY COUNTING DOWN TO TRY TO GET THAT BUDGET APPROVED AT THE BEGINNING OF SEPTEMBER.
I WILL SAY, I MENTIONED THE ONEDRIVE.
IF YOU GO ON THAT ONEDRIVE AND THE COUNCIL FOLDER IN THE BUDGET 2026, NOT ONLY
[04:45:01]
WILL YOU SEE ALL THE APPLICATIONS, THAT'S WHERE YOU'LL SEE ALL THE PRESENTATIONS FROM THE DEPARTMENTS.SO YOU CAN EASILY CLICK ON 'EM.
PROBABLY EASIER THAN GOING THROUGH THE AGENDA.
SO YOU'VE GOT ONE DRIVE FOR ANYTHING YOU NEED.
CAN I ASK A QUESTION? SO IF WE HAVE A QUESTION LIKE, RANDY, YOUR QUESTION IS GONNA GO FURTHER ON THAT BATHROOM.
CAN WE ASK IT IN ADVANCE SO THAT DETAIL CAN BE AVAILABLE IN THAT MEETING? 'CAUSE I KNOW THERE'S PROBABLY SOME PRESENTATION BACK IN 2024 WHEN WE APPROVED THE 25 BUDGET THAT PROBABLY WOULD ANSWER SOME QUESTIONS AND HELP BE SOME COLLATERAL BACK, BACK UP.
BUT I WOULD ASK THE QUESTION IN ADVANCE SO THAT WE DON'T HAVE TO HASH THROUGH AND VERBALLY DESCRIBE SOMETHING THAT WE LY WE CAN PICTURE THAT'S REALLY BEEN PRESENTED BEFORE WE COULD GET BETTER INFORMATION TO MAKE BETTER DECISIONS.
WE GIVE THE QUESTIONS IN A BAD'S REALLY HELPFUL.
AND WHEN WILL WE BE, UH, DISCUSSING THE, UH, TAX RATE? I WOULD, IT WOULD'VE BEEN GREAT IF YOU WOULD'VE DISCUSSED IT TODAY, BUT THE, WELL, IT NEVER CAME UP REALLY OTHER THAN THIS IS JUST PROPOSING AND WE WE'RE LOOKING AT THE WISHLIST.
NOW WELL MATTER, I MEAN WE PRESENTED IT YESTERDAY MOR YOU KNOW, AT THE VERY BEGINNING OF THE PRESENTATION.
BUT THIS IS A BUDGET WORKSHOP.
YOU CAN TALK ABOUT IT ANYTIME YOU WANT.
WE'LL HAVE A CONVERSATION ON TUESDAY AS WELL.
[4. 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.]
LAST NIGHT I NEGLECTED TO DO OUR FINAL ITEM, SO WE'LL DO IT TONIGHT.UH, ITEM FOUR, ITEMS OF COMMUNITY INTEREST.
UH, IF ANY COUNCIL MEMBERS HAVE, UH, ANY EXPRESSIONS OF THANKS, CONGRATULATIONS OR CONDOLENCE, ET CETERA THAT YOU'D LIKE TO SHARE, MARTY MAYOR, I DEFINITELY DO.
UM, AS YOU EVERYBODY KNOWS, I LOVE GOING TO THE, AT AN ATHLETIC CLUB THERE ALMOST EVERY DAY.
AND, UM, OVER THE LAST WEEK, UH, UH, KURT STYLES AND AUSTIN LOVET HAVE BEEN, UH, WORKING THEIR TAIL OFF AND IT'S BEEN PRETTY HOT, BUT THEY'VE BEEN REPLACING THE, UH, RECESSED LIGHT FEATURES.
UM, THE ONES HIGH UP NEAR THE ENTRY AND ALL AROUND THE BUILDING.
AND, UM, AND I DIDN'T SEE 'EM DO IT, BUT WE ALSO GOT, UM, LIGHTING IN THE LANDSCAPING THAT ALONG THAT WAY, DRIVE.
AND I DON'T KNOW WHEN THEY DID IT, BUT ALL OF THE LIGHTS LOOK GREAT.
ALL OF THE LIGHTING IS UNIFORM, IT LOOKS BEAUTIFUL.
AND, AND THOSE TWO DID A FABULOUS JOB.
SO I WANTED TO RECOGNIZE THEM.
ANYBODY ELSE? HOWARD? WE HAD A COUPLE OF DEATHS.
BILL FRAT, UM, PASSED AWAY IN JULY.
AND STUART BABY, WHO USED TO BE ON COUNCIL BACK IN THE DAY.
UM, I DON'T KNOW IF IT WAS JUNE OR JULY, BUT I ONLY FOUND OUT RECENTLY.
SO I JUST WANTED TO PASS ON CONDOLENCES TO THEIR FAMILIES THAT THANK YOU, HOWARD.
ANYBODY ELSE? SO I WAS, UH, IN EAST ADDISON RUNNING ON LAKE FOREST OR ALL THE STREETS OVER THERE AND MET ONE OF THE NEIGHBORS OVER THERE.
AND, UM, UH, UNSOLICITED, HE GAVE ME A COMMENT ABOUT THE BUDGETS, SURPRISINGLY, RIGHT.
UM, HE SAID, YOU KNOW WHAT, UM, HE SAID, DAVE, BUT I'M SURE IT IS 300 PEOPLE BEHIND, RIGHT? THREE 30 PEOPLE.
UH, THE BUDGET'S REALLY GOOD AND THE BUDGET'S REALLY GOOD.
UH, AND, AND I CAN, UH, GET THE ANSWERS I WANT.
UM, SO THAT'S KIND OF THE FEEDBACK.
HE DIDN'T SAY THAT HE LEFT THE TAX RATE, HE DIDN'T SAY ANY LAST, YOU KNOW, HOW SPENDING MONEY, BUT HE WAS VERY COMPLIMENTARY.
ALSO, I, I READ THE LETTER, UM, FROM YOU, WHICH IS A SUMMARY MM-HMM
UM, JUST RIGHT WHEN WE GOT IT.
UM, AND, UM, I THINK IT'S BEEN WELL PRESENTED.
IT'S HARD FOR US TO DIGEST ALL OF THIS AND TO MAKE YOUR DECISIONS.
UH, SO GETTING IT TO US IN AN UNDERSTANDABLE FORM AND A TIMELY FORMAT, A TIMELY, UH, TIMEFRAME IS, IS, IS REALLY GOOD.
BEST CONFIDENCE IN THE CITIZEN.
ANYBODY ELSE? YEAH, I WAS GONNA GO THE SAME DIRECTION.
I JUST WANT TO, I, I WANT TO THANK THE STAFF, YOU KNOW, FOR ALL THE HARD WORK AND THE GREAT PRESENTATIONS Y'ALL HAVE PUT TOGETHER.
AND STEVEN, UH, GLICKMAN YOU AND YOUR, YOUR TEAM HAVE DONE JUST, UH, GREAT WORK PUTTING ALL THIS TOGETHER FOR US.
AND, UH, YOU KNOW, LIKE I TOLD YOU THIS THIS MORNING WHEN I TALKED TO YOU.
UH, I MEAN, I REALLY APPRECIATE HOW YOU PRESENT AND YOU, YOU HELP US UNDERSTAND SOME THINGS THAT ARE NOT ALWAYS SO, UH, SO EASY.
I APPRECIATE EVERYBODY'S HARD WORK.
ANYTHING FROM ANYBODY ELSE? NO.