[CALL TO ORDER]
[00:00:07]
801 AM AND THIS IS A CALLED ORDER OF THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION. PER SERVING WITH THE TEXAS GOVERNMENT CODE SECTION 55100 TO A QUARTER OF THE CITY COUNCIL MAY BE PRESENT. ALTHOUGH NO CITY COUNCIL WILL ACTION WILL BE TAKEN. I WOULD LIKE TO WATCH THIS BROADCAST IS AVAILABLE ON SPECTRUM CHANNEL 16 AND 18 T U VERSE CHANNEL 99 ON THE CITY'S WEBSITE. THE LINK ON THE WEBSITE IS PROVIDED. FIRST START OFF WITH ANY PUBLIC COMMENTS ON THE AGENDA ON THE AGENDA ITEMS TODAY. DON'T SPEAK. OKAY RIGHT? YEAH, RIGHT. ALL
[CONSENT ITEMS]
RIGHT. NEXT WE HAVE A CONSENT ITEM. THIS PORTION OF THE AGENDA CONSISTS OF NON CONTROVERSIAL OR HOUSEKEEPING ITEMS REQUIRED BY LAW. ITEMS MAY BE CONSIDERED INDIVIDUALLY BY THE BOARD OR COMMISSION MEMBERS MAKING SUCH A REQUEST. WE'LL START OFF WITH 21 DIED 0844 MINUTES OF THE MCKINNEY ECONOMIC DEVELOPMENT COURT CORPORATION. UH BOARD MEMBERS, THE MILITARY YOUR PACKET. UM. I MOVED TO ACCEPT AS PRESENTED. ALL RIGHT, HAVE A SECOND. SAY GOODBYE, MR CP AURA. MOTION BY A CURTAIN. ALRIGHT. MOTION PASSES 40. MOVING ON THE[Board and Liaison Updates Board Chairman City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney]
SECTION. 21 0845 BOARD IN LIAISON UPDATES. UH, WE'LL HAVE UPDATES FROM THE CHAIRMAN. I'LL HAVE REALLY ANY UPDATES OTHER THAN. CITY COUNCIL WENT THROUGH A ROUND OF ELECTING NEW BOARD AND COMMISSION MEMBERS. SO I'D LIKE TO CONGRATULATE EVERYBODY OUT THERE THAT WAS ELECTED, UM, YOU KNOW, YOU KNOW, I'M. PROUD OF YOUR WILLINGNESS TO SERVE THE COMMUNITY, INCLUDING A NEW ELECTED IN RE ELECTED BOARD MEMBERS WHO ARE BORED MR MINISTER ALI WHO'S NOT WITH US TODAY, MYSELF. YEAH OH, YEAH, AND PATRICK AND THAT? YEAH YEAH. DON'T FORGET ABOUT THAT. WITH THAT. I'D LIKE TO MOVE ON TO THE CITY MCKINNEY, MR. GRIMES. MORNING MR CHAIRMAN, MEMBERS OF THE BOARD. MR PRESIDENT. MY NAME IS PAUL GRIMES CITY MANAGER. JUST A COUPLE ITEMS FOR UPDATE THIS MORNING. AS YOU ALL KNOW, SEPTEMBER 7TH TWO WEEKS FROM AGO TODAY WE ADOPTED THE BUDGET, SO WE'RE ROCKING AND ROLLING ON 100. $71 MILLION OPERATING BUDGET IN A $620 MILLION ALL FUNDS BUDGET. UM THAT BUDGET, OF COURSE. KICKS OFF BEGINS THE FISCAL YEAR BEGINS ON OCTOBER 1ST. WE HAVE OUR THIRD SPECIAL SESSION OF THE 87TH STATE LEGISLATURE IS UNDERWAY SO UNUSUAL. IF YOU WERE TO DO A STATISTICAL ANALYSIS, IT'S PROBABLY IN THE SECOND OR THIRD STANDARD DEVIATION TO HAVE THREE. SPECIAL SESSIONS OF THE LEGISLATIVE SESSION. THAT HAPPENS EVERY TWO YEARS. AND SO THIS IS AN UNUSUAL CIRCUMSTANCE. BUT IT IS WHAT IT IS. THE THIRD SPECIAL SESSION IS SLATED TO BE AGAIN IT STARTED YESTERDAY WILL FOCUS ON A VARIETY OF SUBJECTS. MOST NOTABLY, THOSE ARE STATE REDISTRICTING AND STATE ARP OF FUNDING OUR PAVILIONS. PANDEMIC RELIEF ACT FUNDING. WE HAVE SOME OF THE CITY LEVEL STATE HAS THEIR OWN AND THEY'RE GOING TO DISCUSS AND DELIBERATE ON WHAT TO DO WITH THAT FUNDING. I DO HAVE A G WIZ STORY FOR YOU THAT ACTUALLY IS RELATED TO THE EEC. IN A NOD TO OUR UM. INNOVATION PROGRAM BUSINESS INNOVATION FUND. I WOULD LIKE TO NOTE THAT OUR PARKS AND RECREATION DEPARTMENT IS USING A HUSQVARNA ROBOT MOWER.THEY'RE USING A MORE THINK OF THE RUMBA IF YOU HAVE IT RUNNING AROUND. WE ACTUALLY HAVE A LARGER SIZE HUSQVARNA ROBOT MORE BEING USED AT GABE NESBITT SOFTBALL FIELDS, NUMBER SIX AND 10. SO IF YOU WANT TO TRY TO TAKE A LOOK SOMEDAY AND YOU WILL SEE IT. THIS IS. UM MADE POSSIBLE FROM A PILOT PROGRAM THAT WE ENTERED INTO WITH ROBIN AUTOPILOT. A GROUP THAT RELOCATED THEIR HEADQUARTERS TO MCKINNEY EARLIER THIS YEAR AND RECEIVED A GRANT FROM THE INNOVATION FUND. SO YOU CAN SEE YOUR AT YOUR POLICY DECISIONS IN ACTION BY TAKING A LOOK. HE GAVE NESBITT FIELDS NUMBER SIX AND 10. UM THIS WAS THERE WAS AN ARTICLE ON THIS IN JUNE OF 21. JUST THIS PAST JUNE ABOUT ROBIN AUTOPILOT, SO KIND OF A COOL THING, AND I WILL STAND FOR ANY QUESTION. DOES IT WORK? I DON'T KNOW. I A HAVE NOT HEARD ANY COMPLAINTS OKAY? PARENTS WILL HEAR. ANY OTHER QUESTIONS. THANK YOU. THANKS. MR GRAHAM'S.
[00:05:03]
CHAMBER OF COMMERCE IS A ANYBODY HERE FROM HERE. LISA IS NOT PRESENT. COMMUNITY DEVELOPMENT CORPORATION. WE DO HAVE CINDY PRESENT. MORNING, CINDI. STIR CHAIRMAN MEMBERS OF THE BOARD. MR PRESIDENT, SEDITION OVER WITH MCKINNEY COMMUNITY DEVELOPMENT CORPORATION JUST WANTED TO HIGHLIGHT A COUPLE OF THINGS THAT WERE INCLUDED IN THE REPORT THAT WAS ATTACHED TO THE AGENDA. C C, COMPLETED THEIR FINAL CYCLE OF PROJECT GRANTS AT THE AUGUST MEETING AND FUNDED THREE HABITAT FOR HUMANITY. WE RECEIVED ADDITIONAL APPROVAL FOR ADDITIONAL FUNDING FOR THE AMENITY CENTRE AT COTTON GROVES HEARD CRAIG HOUSE RECEIVED APPROVAL FOR FUNDING OF IMPROVEMENTS THAT THEIR FACILITY. ENHANCE STREET AND THEN CHILDREN'S ADVOCACY CENTER OF COLLIN COUNTY IS BUILDING A NEW FACILITY AT MCKINNEY AND THE CDC APPROVED FUNDING FOR INFRASTRUCTURE IMPROVEMENTS ON THEIR SITE. PUBLIC HEARINGS WERE HELD ONTO RETAIL INFRASTRUCTURE. GRANT REQUESTS THOSE WILL BE ACTED UPON THIS WEEK. AND THE OTHER THING THAT I'LL MENTION IS, UM, A COUPLE OF YEARS AGO AT THE URGING OF. TWO OF OUR CDC BOARD MEMBERS. THE BOARD APPROVED FUNDING FOR ADDITIONAL BENCHES AROUND THE MCKINNEY PERFORMING ARTS CENTER AND THE OH, THE PROJECT TOOK SOME TIME TO COMPLETE. THE BENCHES ARE THERE AND PARKS ACTUALLY WENT IN? AND PARTNERED WITH US AND DID A REALLY GREAT JOB OF LANDSCAPING AROUND THE PERFORMING ARTS CENTER JUST IN TIME FOR OCTOBERFEST. SO IF YOU HAVEN'T HAD A CHANCE TO CHECK IT OUT THERE ACTUALLY SEATING AREAS. ON THE CORNERS AROUND IMPACT. SO TAKE A LOOK AT THAT. THANKS TO YOUR CURRENT BOARD MEMBER, MR KING. I'M HAPPY TO STAND FOR ANY QUESTIONS. THANK YOU. THANK YOU. SINCE WE HAVE VISIT MCKINNEY DD GOOD MORNING. GOOD MORNING, MR CHAIRMAN, MR PRESIDENT AND BOARD MEMBERS.THANK YOU FOR THE OPPORTUNITY TO SPEAK. MY NAME IS JUDY GARA FROM VISIT MCKINNEY. UM IN THE MONTH OF AUGUST, UH, OUR STAFF MEMBERS ATTENDED. TEXAS ASSOCIATION OF CONVENTION AND VISITORS BUREAU, WHERE WE WERE AWARDED TO AWARDS. THE 1ST 1ST PLACE FOR OUR BRANDING, WHICH WE WORKED WITH SIMPLE VIEW ON AND THE SECOND WAS A THIRD PLACE FOR A CO OP THAT WE DID FOR. SOME WE PARTNERED ACTUALLY WITH CW DESIGNS TO LOCAL COMPANY HERE IN DOWNTOWN THAT THEY DID SOME 3 60 VIRTUAL VIDEOS FOR US, AND SO WE'RE USING THOSE IN OUR TOOLBOX. NOW THAT WE'RE DOING A LOT OF VIRTUAL THINGS WITH MEETING PLANNERS, SO THAT WAS EXCITING NEWS FOR US. OUR STAFF CONTINUES TO SEE A LOT OF OUR FPS COMING IN, SO WE'RE EXCITED ABOUT THAT. UM OUR WEBSITES STILL CONTINUES TO GET A LOT OF TRACTION, AND WE HAVE SOME HISTORIC WALKING TOURS THAT WE'RE DOING WITH. UM THE PRESERVATION. UM HISTORIC PRESERVATION TEAM, SO WE HAVE ONE COMING UP SATURDAY, THE 25TH AT 11 A.M. AND THEY MEET AT OUR DOORSTEPS. AND THEN THERE'S TWO IN OCTOBER ON THE 12TH AND THE 23RD. THE ONE ON THE 12TH IS AT 9:30 A.M. AND THE ONE ON SATURDAY. THE 23RD IS AT 11 A.M. THIS WEEKEND IS OCTOBERFEST. WE HAVE A SWEEPSTAKES GOING ON WHERE WE PARTNERED AGAIN WITH HALF BROW, AND WE'RE, UM. ACTUALLY GIVING THE TICKETS TO GO TO GERMANY TO ATTEND. UM SO WE'RE EXCITED ABOUT THAT, AND THEN WE ALSO HAVE OUR PROMOTIONAL GRANTS THAT ARE COMING UP. UH, THE APPLICATION DEADLINE IS OCTOBER 4TH. UH THEY PRESENT TO THE BOARD ON THE 26TH. AND THEN THE AWARDS ARE ON NOVEMBER 23RD, AND MY REPORT IS ATTACHED TO STAND FOR ANY QUESTIONS.
ELECTIONS. WHO'S THANK YOU. THAT'S THE LAST OF THE BOARD AND WE EXAMINED UPDATES. MOVING
[Consider/Discuss MEDC Monthly Organizational Report]
ON TO 21 0846 CONSIDER DISCUSSED THAT BDC MONTHLY ORGANIZATIONAL REPORT, PETER THE NAME MR VICE CHAIRMAN. UM. I DON'T HAVE ANYTHING IN ADDITIONAL TO THE MONTHLY ORGANIZATIONAL REPORT, BUT I WOULD LIKE TO MAKE TWO OTHER. COMMENTS FOR THE BOARD AND FOR THE PUBLIC CONSUMPTION ONE BEING WE'VE BEEN TALKING ABOUT OCTOBERFEST AND AS YOU KNOW, WE'VE RE ENGAGED ARE FULL BUSINESS RETENTION AND EXPANSION PROGRAM, DOING VISITATIONS WITH BUSINESSES, AND IN THE LAST TWO WEEKS WE'VE VISITED WITH SEVERAL COMPANIES.ONE OF THEM BEING HIGH SON, WHO IS A MANUFACTURER HERE AND. UH MCKINNEY. THEY MAKE RECREATIONAL VEHICLES UM LIKE ATVS AND THINGS LIKE THAT, AND. LONG STORY SHORT, UM JASON WITH HIGH SON WAS VERY GRACIOUS AND DONATING A ONE OF THEIR R SIX CEDAR RECREATIONAL VEHICLES FOR OCTOBERFEST TO HELP MOVE CIRCULATE CIRCULATE TRAFFIC DURING THE EVENT TO WHICH ON SATURDAY, MR GRIMES, I BELIEVE. WILL BE DRIVING, SO I JUST WANTED TO POINT OUT EVERYONE
[00:10:04]
NEEDS TO COME DOWN ON SATURDAY AND GET A FREE RIDE FROM WAS IT. RIGHT FRIDAY. SO SORRY, FRIDAY EVENING, COME DOWN AND GET A GET A RIDE ON A HIGH SUN VEHICLE FROM OUR CITY MANAGER PAUL GRIMES. UM AND THANK YOU AGAIN TO HIS SON FOR THEIR KIND OF BE A TOUR. I MEAN, CAN WE EXPECT COMMENTARY ON THE RIDE, OR I MEAN. OVER SATURDAY'S THE COMMENTARY. OKAY, I GOT IT, OKAY. SO BUT AGAIN, THANK YOU TO OUR COMMUNITY PARTNERS FOR DONATING AND ALSO. UM ALTHOUGH IT'S GOING TO BE TOMORROW. I WISH IT WAS TODAY. WE HAVE AN EXCITING ANNOUNCEMENT COMING OUT TOMORROW, WHICH I CAN'T SAY ANY MORE ABOUT TODAY. BUT BE ON LOOKOUT ON THE NEWS TOMORROW FOR A VERY BIG ANNOUNCEMENT FOR MCKINNEY THAT WILL. UM BE GREAT. GREAT ADDITION TO OUR COMMUNITY. THAT'S ALL IT HAPPEN. THANK YOU. CONDO STAY TUNED. IS THERE ANY QUESTIONS?[Consider/Discuss MEDC Monthly Metrics Dashboard Report]
WE'LL MOVE ON TO SECTION 21 DAYS, 0847 CONSIDER DISCUSSED THE CDC MONTHLY METRICS DASHBOARD REPORT. AND PETER. AGAIN. WE'RE. WE HAVE A VERY ACTIVE PRODUCT PIPELINE OF THE PERCENTAGES ARE GOING UP EVERY EVERY MONTH. UM MORE PROJECTS KEEP ROLLING IN MORE INTEREST KEEPS COMING TO MCKENNY AND SAY IT'S A GREAT, UH. GREAT THING TO HAVE. AND THEN WE SHOWN THEY'RE KIND OF A LITTLE PREVIEW OF THE. FROM THE CAPITAL INVESTMENT POINT OF VIEW. WHAT ARE THAT'S INCLUDING TOMORROW'S ANNOUNCEMENT, SO I WON'T SAY ANY MORE ABOUT THAT.BUT FOLLOWING TOMORROW'S ANNOUNCEMENT WILL BE A $451 MILLION AND CAPITAL INVESTMENT, UM FOR THE YEAR. WHICH IS A NEW RECORD FOR THE, UH, FOR THE IMMEDIACY FROM AN INVESTMENT POINT OF VIEW. UM CLOSER. HALF A BILLION DOLLARS IS IT'S JUST AN AMAZING THING. AND I'D LIKE TO, UH, GIVE A SPECIAL SHOUT OUT TO NBC STAFF ARE WORKING SO HARD TO GENERATE LEADS AND WORK ON THESE PROJECTS, TOO. BRING THIS KIND OF INVESTMENT TO THE CITY. SO GREAT JOB BDC STAFF.
AGAIN WE'VE AGAIN KICKED UP ARE VERY, UH, PROGRAM MADISON. UH CLARK ON OUR STAFF HAS BEEN MADE OUR BUSINESS RETENTION EXPANSION MANAGER. AND SHE'S DOING A GREAT JOB RETAINING THE PROGRAM BUILDING OUT STRATEGIC PLAN. UM WE'VE GONE FROM VIRTUALLY NO VISITS FOR THE FIRST HALF OF THE YEAR TO 29 VISITS, UM, ALREADY AND CALL IT THE SUMMER. UM SO REALLY DOING A GOOD JOB WITH GETTING BACK ENGAGED WITH OUR COMPANIES, AND IT'S REALLY GOOD TO GET OUT AND TALK WITH THEM AND SEE HOW THEY'VE BEEN DOING AND KIND OF GAUGE THE STRUGGLES IN THE SUCCESSES THAT THEY'VE HAD. WE'VE BEEN GETTING A LOT OF REALLY GOOD BUSINESS INTELLIGENCE INFORMATION ON HOW WE CAN HELP. CONTINUE TO SUPPORT THE LOCAL COMMUNITY, SO THAT'S A REALLY GOOD PROGRAM THAT REENGAGED. AND WE'RE KIND OF WE'RE BACK ON THE ROAD AGAIN.
A LITTLE BIT PARTICIPATING INDUSTRY AND TRADE SHOWS. YOU KNOW, WE'RE UP PRETTY MUCH ON EVERYTHING EXCEPT FOR THE COMMUNITY FORUMS. IT'S STILL HARD TO GET A BIG GROUP OF PEOPLE TOGETHER. WE'RE WORKING ON THAT. TRYING TO FIND THAT WE HAD HOPED THAT THE NEIGHBORHOOD FORUM WAS GOING TO HAPPEN, AND IT JUST RECENTLY GOT CANCELED OR CANCELLED OR POSTPONED AGAIN.
SO THAT WAS SUPPOSED TO HAPPEN THAT GET TO HAPPEN SO. WE'RE STILL SEARCHING FOR THAT RIGHT OPPORTUNITY TO ENGAGE THE COMMUNITY ON A LARGE SCALE, AND WE'LL HOPEFULLY FIND SOMETHING.
UM BY THE END OF THE YEAR. OTHER THAN THAT, WE'RE REALLY UM WE'RE DOING WELL IN ALL CATEGORIES. PERFECT. DISCUSSION FROM THE BOARDER. QUESTIONS, COMMENTS NUMBERS. AS WE REITERATE THAT IT'S A GREAT JOB. YOU AND YOUR TEAM, PETER GREAT. UM. MOVING ON TO THE
[Consider/Discuss/Act on July 2021 Financials]
[Consider/Discuss/Act on August 2021 Financials]
REGULAR AGENDA. WE HAVE. 21 0848. CONSIDER DISCUSSED THE JULY 21. IN AUGUST. 21 $21 0849 IS THE AUGUST WE'LL LOOK AT JULY AND AUGUST SAME TIME, MR MILLER. SIR GOOD MORNING CHANCE. MILLER FINANCIAL COMPLIANCE MANAGER. WE HAVE TWO SETS OF FINANCIALS TO GO OVER TODAY. I'LL GO OVER JULY 1ST. IT WAS A BUSY MONTH FOR THEM. E D. C. WE SAW ALMOST $1.5 MILLION IN SALES TAX REVENUE COME IN FOR THE MONTH OF JULY. WE ALSO HAD $2 MILLION IN EXPENDITURES. 1.5 MILLION OF THAT WAS FOR PROJECTS. SO BESIDES, THAT HOLDS THE NORMAL OPERATING, UM, EXPENSES SO THAT RESULTED IN A NET DECREASE THE FUND BALANCE OF 570,000. FOR THE MONTH OF JULY. MOVING ON THE SALES TAX, JULY'S APPLICANT TO THE MONTH OF MAY SALES TAX, SO WE SAW A 17% INCREASE OVER LAST YEAR. ALAN HAD A 37.4% INCREASE THAT'S ACTUALLY CLOSER TO 50% WHEN YOU FACTOR IN THE ARCTIC COLLECTIONS UM, FIRST GO HAD A 39% INCREASE. THEY PLAY KNOW HOW TO 26% INCREASE. SARA'S SISTER CITIES ARE PICKING UP A LITTLE BIT WHERE,[00:15:05]
AT THE BEGINNING OF THE YEAR, WE'RE KIND OF TRAINING AHEAD OF THEM. LOOKS LIKE THEY'RE STARTING TO PICK UP ON THE TALENT OF THIS YEAR. UM, IF YOU'RE LOOKING AT YEAR TODAY, MCCAIN. WE'RE AT THE END OF JULY. WE WERE AT 12.4% INCREASE OVER LAST YEAR. ALLEN WAS 15.2% OVER LAST YEAR, FRESCO WAS 15.2% AND PLANO WAS 3.6. ALL RIGHT, MOVING ON TWO AUGUST FINANCIALS THOSE MORE REQUIRED MONTH. OUR SALES TAX REVENUE WAS UP CLOSER TO 1.8 MILLION FOR THE MONTH OF AUGUST. ■IN REGARDS TO EXPENDITURES. IT WAS JUST A NORMAL MONTHLY OPERATING HIS FURNITURES. THAT'S WHAT OLD 739,000, WHICH RESULTED IN A NET INCREASE THE FUND BALANCE OF A LITTLE OVER $1 MILLION. MOVING ON THE SALES TAX COLLECTIONS FOR AUGUST IS ADEQUATE TO THE MONTH OF JUNE. SO WE HAD MCKINNEY WAS A 17.4% INCREASE OVER LAST YEAR. ALAN WAS A 15.9% INCREASE OVER LAST YEAR. FRESCO 22.7 AND PLANO 9.5. SO IF WE'RE LOOKING AT HERE TODAY, UM, THE LAST NINE MONTHS TO THE FISCAL YEAR OF SALES TAXES WE THE TWO MONTHS LATER, WE STILL HAVE THREE MORE MONTHS TO COLLECT, BUT WE'RE AT 12.9% INCREASE. OVER LAST YEAR.SO IF WE BUDGETED A 5% INCREASE THAT A LITTLE BIT RIGHT NOW IT'S LOOKING LIKE WE MIGHT HAVE 7% OVER WHAT WE BUDGETED THAT WOULD ROLL INTO FUND BALANCE. ONCE THE FISCAL YEAR ENDS. LIKE I SAID, WE STILL GOT THREE MONTHS TO COLLECT. SO WHAT TO SEE WHAT THE FINAL NUMBER ENDS UP BEING. SO 7% OF. YOU ALSO REVENUE IT'S COOL, LITTLE OVER MILLION DOLLARS OR SO CLOSER TO 1.3 OR SO IF IT STAYS WITH THAT TOWARDS THE END OF THE YEAR, AND I'LL BE HAPPY TO ANSWER ANY QUESTIONS. THIS MIGHT BE A DUMB QUESTION TO APOLOGIZE IN ADVANCE. IS THERE IS THERE ANY WAY WE LOOK AT HOW MUCH THE INCREASE YEAR EVERY YEAR IS DUE TO ACTUALLY ORGANIC INCREASE OR GROWTH INCREASE? YES IS THAT HARD TO DO? OKAY SO WE DO OUR BEST. AND SO YOU KNOW, WE KIND OF LOOK AT DIFFERENT EFFORTS. UM ETHICAL TO WE LOOK AT ALL THE COLLECTIONS ALL THAT STUFF.
YOU GOTTA FACTOR THAT IN ON A MONTH TO MONTH BASIS, BECAUSE SOMETIMES THAT SKEWS THE NUMBERS LITTLE BIT. BUT FOR US LATELY THERE HAS NOT PLAYED IN VEGAS OR INCREASES ARE TRUE INCREASE FOR THE SAME MCCAIN. BUT YEAH, IF YOU'RE LOOKING AT GROWTH, OR IF IT'S BUSINESS THAT HAVE BEEN HERE FROM WHAT WE'VE LOOKED AT THE MAJORITY IS. FOR BUSINESSES THAT HAVE BEEN HERE IS WITH THE GROWTH HAS BEEN SO IF YOU'RE LOOKING AT PERCENTAGE, I CAN'T REMEMBER.
THE PERCENTAGE WAS A COUPLE MONTHS AGO WHEN I RAN THE NUMBERS, BUT I THINK IT WAS CLOSER TO 80% OF OUR INCREASE IN CELL STACKS WAS FROM. BUSINESSES THAT HAVE BEEN HERE AND YOU WOULD EXPECT THAT WITHOUT MAKING UP THE MAJORITY OF OURSELVES TAX NUMBERS. YOU KNOW THE NEW BUSINESSES THAT COME IN START OFF JUST LIKE. BARELY KIND OF HITTING THAT FIRST MARK AS THEIR STARTING BUSINESSES AND MCKINNEY AND STUFF LIKE THAT. SO UM, TO ANSWER YOUR QUESTION. IT'S MOSTLY BUSINESSES THAT HAVE BEEN HERE AND THAT CONTRIBUTES TO THE INCREASE IN SALES TAX. BUT. UM THE ONLINE FACTOR PLAYED A BIG PART. SO WE'RE GOING TO AMAZON AND SOME OF THOSE BIGGER COMPANIES THAT ARE ON A MONTH TO MONTH BASIS THAT, UM, ARE ONLINE CELLS COMING IN. SO THAT WAS, YOU KNOW, FOR THIS NEXT. I GUESS YOU'RE TOO THAT'S GOING TO BE A BIG FACTOR IN THIS. I'M TRYING TO RUN NUMBERS RIGHT NOW, AS I SHOULD HAVE SOME. INTERESTING REPORTS TO GIVE DEAL AT SOME POINT ONCE I GOT ALL THOSE BACKWARD OUT BETWEEN THAT'S GREAT, IT'S JUST IT'S JUST AN INTERESTING FACT. YOU KNOW, JUST TO SEE FROM THE STANDPOINT OF THE INCREASED. LONGEVITY OF THE GROWTH, YOU KNOW? IS IT COMING FROM OUR EXISTING BUSINESSES OR IS IT JUST FROM NEW ONES COMING IN AND NEW ADVENTURES? SO THAT'S GREAT. THANK YOU. CHANCES IT IS IT ALSO SAFE TO ASSUME THAT OUR OUR SALES TAX GROWTH HAS BEEN A CONSISTENT. GROWTH OVER POSITIVE GROWTH VERSUS PRIOR YEAR VERSUS 2020 ARE SISTER CITIES TYPICALLY TOOK A NEGATIVE EVERY MONTH, SO. EVALUATING IT VERSUS PRIOR YEAR THEY'RE TAKING A 33 30 SOMETHING PERCENT INCREASE OVER A NEGATIVE PRIOR YEAR WHERE WE'RE TAKING A DOUBLE DIGIT INCREASE OVER A DOUBLE DIGIT INCREASE. CORRECT SO SOME MONTHS THAT DOES APPLY FOR I THINK FOR JULY'S OR COLLECTIONS THAT THAT WAS A BIG FACTOR BECAUSE THEY TOOK BIG DUKE DECREASES IN 2020 COMPARED TO US, WE KIND OF STAY CONSISTENT OR WE HAD A LITTLE BIT OF AN INCREASE. SO YOU'RE CORRECT THAT DOES PLAY INTO FACT FOR AUGUST FINANCIALS. YOU CAN TELL. THE NUMBERS WERE KIND OF CONSISTENT ACROSS ALL THE CITIES. SO EVEN OUR SISTER CITIES IN 2020 HAD FAIRLY EVEN THEY WEREN'T DECREASES FROM THE PANDEMIC AND STUFF LIKE THAT, TOO. SO YEAH, WE DO WAY THAT AND WE KIND OF LOOK AT THAT AND SEE HOW WE'RE TRAINING AND. FOR DOWNTOWN SALES TAX. THAT'S A BIG THING, BECAUSE OBVIOUSLY THAT HE GOT HIT HARD IN 2020. SO WHAT WE'RE DOING ANY ANALYTICS ON THAT WILL LIST OUT THE PAST FIVE YEARS SO YOU CAN SEE WHAT WE WERE BEFORE THE PANDEMIC. AND IF WE HAVE INCREASED SINCE THEN, AND STUFF LIKE THAT. THANK YOU. THANK YOU. SO THERE'S NO OTHER QUESTIONS ON THE FINANCIALS. OUR. CALL MOTION FOR APPROVAL OF THE JULY AND AUGUST FINANCIALS. I MOVED. YES, MR CHAIR. SECOND. MOTION BY MR SUPERIOR. UHH SECOND, BUT THAT
[00:20:04]
ENDLESSLY IT'S GIRLS. MOTION APPROVED. BY A THIN MARGIN GENIUS. BECAUSE ALL OF A SUDDEN ALRIGHT UH. WE HAVE ANY PUBLIC COMMENTS IN REGARDS TO MATTERS THAT ARE NOT ON THE AGENDA. OR ANY BOARD COMMENTS. IT IS NOW. 8 22 AM, AND NOW WE'RE GOING TO MOVE INTO EXECUTIVE SESSION. IT.[EXECUTIVE SESSION]
AND, UH, WE HAVE RETURNED FROM EXECUTIVE SESSION IN. COUNCIL BACK IN ORDER. THE FIRST STEP[ACTION ON EXECUTIVE SESSION]
AGAIN. I'M GOING TO RETURN TO SECTION 551. 087. WE HAVE A MOTION TO APPROVE PROJECT VECTOR. YES I MAKE A MOTION TO APPROVE PROJECT VECTOR PER DISCUSSION AND EXECUTIVE SESSION. SECOND. I WOULD ALSO HOPE SO. MOTION MOTION PASSES. I'D ALSO LIKE TO MAKE A MOTION TO PASS PROJECT SIERRA IS DISCUSSED IN EXECUTIVE SESSION. SECOND. OCEAN PASSES, AND LASTLY, WE HAVE A PROJECT. UH, BOWSER. WE HAVE A MOTION APPROVED PROJECT BROWSER. YES SIR. I MAKE A MOTION TO APPROVE PROJECT BOWSER PER THE DISCUSSION IN EXECUTIVE SESSION SECOND. AND LASTLY, WE HAVE A MOTION TO FIRST FOUR LEAVE. PROJECT THERE WAS NO DECISION ON PROJECT BLUE SKY, WHICH HAS HAD AN UPDATE IN EXECUTIVE SESSION. AND WITH THAT DO I HAVE A MOTION TO ADJOURN THE MEETING TODAY? I'LL BE HAPPY TO MOVE WITH. SECOND. MOTION PASSES M* This transcript was compiled from uncorrected Closed Captioning.