[CALL TO ORDER]
[00:00:03]
CHECK 12 CHECK. GOOD MORNING. EVERYBODY TODAY IS TUESDAY MAY 24TH 2022. IT IS THE TIME NOW IS 802 A M AND THIS IS THE MONTHLY MEETING OF THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION.
PURSUANT TO THE TEXAS GOVERNMENT CODE SECTION 551. 00 TO A QUARTER OF THE CITY COUNCIL MAY BE PRESENT, NO CITY COUNCIL ACTION WILL BE TAKEN. THIS MEETING IS BROADCAST LIVE ON SPECTRUM CHANNEL 16 AND 18 T YOUR U VERSE CHANNEL 99. SO BEFORE WE GET STARTED HERE ANY PUBLIC COMMENTS ON THE ON AGENDA ITEMS. SEE ANYBODY OUT THERE, UM, SO WE'LL MOVE ON TO CONSENT
[CONSENT ITEMS]
ITEMS. THIS PORTION OF THE AGENDA. CONSISTS OF NON CONTROVERSIAL OR HOUSEKEEPING ITEMS REQUIRED BY LAW ITEMS MAY BE CONSIDERED. INDIVIDUALLY BY THE BOARD MEMBERS MAKING SUCH A REQUEST PRIOR TO EMOTION AND VOTE ON THE ISLANDS. FIRST WE HAVE 22.470 MINUTES OF THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION. OF MARCH 15 2022 OPEN UP FOR ANY DISCUSSION. I MOVE TO APPROVE. OUR SECOND THAT MOTION. WE HAVE A MOTION BY MR HENSLEY AND SECOND BY MR MINISTER, ALI. I DON'T HAVE A VOTING BUTTON. AM I MIGHT NOT BE YOUR EX OFFICIO. EX OFFICIAL.EMAIL BUTTON. BRIAN BROKE HIS IPAD. WITH MY MIND. RIGHT? MOTION PASSES WITH MY MIND DIDN'T GET THE GREEN BUT ENOUGH. HIS NAME. NEXT. WE HAVE REPORTS, UM BOARDING THE LIAISON UPDATES.
[Board and Liaison Updates Board Chairman City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney]
UM ME FIRST. HERE. I. DON'T HAVE MANY. DON'T HAVE AN UPDATE TODAY. OTHER THAN MCKINNEY. I CALL IT THE MCKINNEY SUPER BOWL WAS LAST WEEK AND WE UM, I'M SURE WE'LL HAVE A LITTLE BIT MORE FROM MR GRIMES HERE, BUT I THINK WE WENT VERY WELL. I DON'T HAVE ANY ACTUAL NUMBERS YET ON THE ATTENDANCE NUMBERS OR, YOU KNOW, SALES OR ANYTHING THAT I THINK THAT'S GOING TO COME OUT LATER FROM THE SALESMANSHIP CLUB, BUT THE BYRON NELSON WAS AN EXCELLENT TURNOUT. THE BIG THING ABOUT THE BYRON THIS YEAR WAS THE WEATHER. IT WAS A LITTLE HOT, BUT I THOUGHT IT WAS FANTASTIC EVENT. THE COURSE WAS IN IMMACULATE CONDITION. IT WAS IT WAS. IT WAS ONE OF THE BEST CONDITIONS OF THAT COURSE I'VE EVER SEEN. SO AH! THAT'S MY UPDATE ON THERE, AND I LIKE TO MOVE ON TO CITY MCKINNEY, MR GRIMES. MORNING MR CHAIRMAN THERE WAS ABOARD. ALREADY. HMM I THINK WE HAVE HEARD A NUMBER OF OVER 100 50,000 PEOPLE. I'LL TELL YOU THAT.AH! HAVE TO ACTION MEETING. SO WE WERE IN THE MIDDLE OF BUDGET SEASON. SO THIS IS.
[00:05:11]
I REPEAT ALL. AN INFLATIONARY ENVIRONMENT. 80% HARD WORK OUT OF THE THREE.EVERYBODY LIKE. I WILL. THE NEEDS BUT WOULD MAKE IT WORK. WE DO IT EVERY YEAR. WE DID JUST GET REAFFIRMED TRIPLE A CREDIT RATING FROM STANDARD AND POOR'S AND MOODY'S VERY EXCITED ABOUT THAT. WE WILL CONTINUE TO IN A CHALLENGING ENVIRONMENT. WE, OF COURSE, STILL HAVE TO GO OUT AND RAISE MONEY AND RAISE CAPITAL AND HAVE OUR BOND ISSUANCE THIS YEAR, SO WE'RE PLEASED TO GET REAFFIRMED WITH OUR INVESTMENT GRADE. THE HIGHEST INVESTMENT GRADE FOR RATINGS AND THAT IS ALL I HAVE. I WILL STAND FOR ANY QUESTIONS THAT YOU MIGHT HAVE. ANY QUESTIONS? ANY QUESTIONS FOR CITY MANAGER OKAY. ALL RIGHT. THANK YOU. THANK YOU, PAUL. NEXT. CHAMBER OF COMMERCE. I DON'T SEE LISA PRESIDENT, BUT HER NOTES IN YOUR PACKAGE THERE. COMMUNITY DEVELOPMENT CORPORATION. MORNING. GOOD MORNING, MR CHAIRMAN, MR PRESIDENT AND MEMBERS OF WAR CATHERINE MIGUEL MCKINNEY COMMUNITY DEVELOPMENT CORPORATION. A FEW UPDATES. WE ARE INTO OUR PROJECT GRANT CYCLE AND WILL HAVE HEARD PUBLIC HEARINGS ON APRIL 28TH. AND THEN OUR BOARD WILL BE MEETING. LATER THIS WEEK TO DO TO CONSIDER ACT AND DISCUSS ON THOSE, THE DETAILS ARE NOTED IN YOUR PACKETS. PROMOTIONAL AND COMMUNITY EVENT GRANTS. WE'VE HAD A WONDERFUL SPRING WITH LOTS MORE TO COME. NEW GRANT CYCLE OPENED IN MAY BUT UPCOMING EVENTS AND RECENT EVENTS WHERE THE EMPTY BOWLS BENEFITING COMMUNITY LIFELINE. THE OVATION INDUSTRY SHOWCASE ON MAY 21ST IN JUNE COLLIN COUNTY HISTORY MUSEUM SENIORS IN MAKENI HISTORY . ON THE SECOND OF JUNE, THE DFW SERIES SOME OF SUMMER CYCLING, WHICH HAPPENS THURSDAYS IN IRWIN PARK. ON JUNE THE SIXTH THE BAR WARS AT CHESTNUT SQUARE WITH THE MARGARITA COMPETITION, THE 11TH AND THE 12TH, THE MILLHOUSE MCKINNEY WINE AND WALLS. MURAL FEST ON THE 18TH. THE CRAFT BEER WALK IN DOWNTOWN MCKINNEY AND ON THE 18TH OF JUNE, THE JUNETEENTH CELEBRATION AT TOWN LIKE PARK, SO LOTS OF GOOD THINGS FOR EVERYBODY TO COME OUT AND PARTICIPATE IN UM, THE RETAIL DEVELOPMENT INFRASTRUCTURE GRANTS WILL THE SECOND CYCLE WILL OPEN ON JULY, 1ST APPLICATIONS WILL BE ACCEPTED THROUGH JULY 31ST. THOSE ARE THOSE EXPENSES, IF YOU REMEMBER INCLUDE. FUNDING FOR HORSE STRONG HORIZONTAL INFRASTRUCTURE ON THE EXTERIOR OF BUILDINGS SITE WORK, DRAINAGE, SEWER, WATER, UTILITIES AND FIRE SUPPRESSION EQUIPMENT. THE MAXIMUM AWARD IS 25,000. AND IT REQUIRES AN EQUAL MATCH FROM THE APPLICANT TOPS. BREWERY IS MOVING ALONG. I KNOW I HAVE SEEN SEVERAL OF YOU OUT THERE IN THE IN THE LAST MONTH OR SO, AND WE'RE EXCITED. TARGET DATE FOR FULL COMPLETION IS NOVEMBER 2ND 2022. AND. AND THERE IS A CONSTRUCTION UPDATE WITH PHOTOS IN CASE YOU'RE INTERESTED IN SEEING THE PROGRESS AS A BOARD WE MET RECENTLY AND. TALKED ABOUT WHAT ARE COMING. PRIORITIES ARE FOR THE YEAR AND IN NO PARTICULAR ORDER, LOW INCOME HOUSING, MULTI USE DESTINATION, ENTERTAINMENT PROJECTS, HISTORIC CULTURE, DISTRICT SUPPORT AND EAST SIDE DEVELOPMENT. PARKS AND OPEN SPACE DEVELOPMENT COMMUNITY GATHERING FACILITIES TO SUPPORT CULTURAL AND COMMUNITY EVENTS AND ALSO COLLABORATIVE PROJECTS INVOLVING COMMUNITY PARTNERS, WHICH WOULD BE THE NOT FOR PROFITS, YOUR GROUP AND CITY OF MAKENI SO WE WILL BE MEETING THIS WEEK ON THURSDAY TO LOOK AT POTENTIAL POLICY CHANGES FOR ACDC GRANT PROGRAMS. AND SOLIDIFYING OUR STRATEGIC PRIORITIES FOR YOU WITH THAT ANY QUESTIONS? NO YOU LISTEN TO A LOT OF EVENTS GOING ON. IT'S CAN
[00:10:07]
WE GO? IS IT THE CBC'S WEBSITE? YOU HAVE ALL THIS POSTED OR DO WE DO AND I WOULD URGE YOU TO DO THAT BECAUSE I HAVE TO HAVE TO PRINT THESE OUT AND PUT THEM ON MY REFRIGERATOR THAT I DON'T MISS ALL THE GOOD STUFF THAT'S HAPPENING AND UM, WE JUST HAD TREMENDOUS ATTENDANCE AT SOME OF YOU. SO HOPEFULLY I KNOW AMY ROSENTHAL WILL USUALLY GIVE US AN UPDATE ON ALL THE ATTENDANTS, SO WE LOOK FORWARD TO INCLUDING THAT IN SOME OF OUR NEXT UPDATES. IT'S GREAT TO SEE PEOPLE COMING BACK OUT AGAIN. THANK YOU. INVISIBLE KENNY. UM, THEY'RE NOT HERE TODAY, BUT THEY[Consider/Discuss MEDC Monthly Organizational Report]
WILL HAVE A UPDATE FOR US IN OUR JUNE MEETING. NEXT WE'LL MOVE ON TO DIE 047 TO CONSIDER DISCUSSED THE CDC MONTHLY ORGANIZATIONAL REPORT. PETER IF YOU WANT TO TAKE IT FROM HERE. YES SIR.THANK YOU, MR CHAIRMAN. UM I DON'T HAVE ANYTHING IN ADDITION TO ADD TO THE REPORT, BUT I DO HAVE A COUPLE ANNOUNCEMENTS THAT'S HAPPENED RECENTLY. 1ST 1ST OF ALL TO KIND OF ECHO YOUR SENTIMENTS IN THE CITY MANAGER SENTIMENTS ABOUT THE BYRON NELSON. TREMENDOUS EVENT. HUGE ECONOMIC IMPACT TO OUR CITY, AND I WANT TO GIVE A THANK YOU TO THE BOARD AND TO ESPECIALLY TO THE IMMEDIACY STAFF FOR THE MONTHS AND MONTHS OF HARD WORK THAT THEY PUT INTO EXECUTING THAT EVENT. YOU KNOW, WITH HOSTING MULTIPLE VENUES THIS YEAR IT WAS IT WAS JUST DOUBLE THE WORK AND YOU KNOW THROUGH THE THROUGHOUT THE COURSE OF THE FOUR DAYS OF THE TOURNAMENT IN A FEW DAYS BEFORE WE HOSTED OVER 400 GUESTS UM, AT IN THE CITY OF MCKINNEY AS PART OF OUR INDIVIDUAL EFFORTS FOR OUR RED CARPENTER THAT WE CALL IT OR GREETING LIKE GREEN CARPET, BUT RED CARPET SOUNDS BETTER, BUT UM SO JUST A HUGE THANK YOU TO THE BOARD FOR ALL THE ADDITIONAL WORK THAT YOU GUYS DID. I KNOW SOME OF YOU BECAME STAFF MEMBERS FOR THE WEEK. UH BECAUSE WE NEED A DOUBLE COVERAGE FOR ALL THE DIFFERENT VENUES. BUT THEN TO THE STAFF FOR REALLY EXECUTING WELL THIS YEAR FOR DOUBLE THE WORK, SO THANK YOU. STAFF. UM ALSO, UH, THIS. LAST WEEK. UM WE HOSTED THE NET CAR LUNCH DEVELOPMENT LUNCH VERY WELL INTENDED OVER THE SHERIDAN. UM THEY WE HAD A CHANCE TO PRESENT KIND OF UPDATES ON DEVELOPMENTS GOING ON IN THE CITY. AND ALSO THEY DID A FIRESIDE CHAT WITH JOHN DRAGO AND DAVID CRAIG ABOUT THE IMPACT OF THE PIRATES. SO WE'RE STILL RIDING THE BYRON WAKE PUBLICLY, AND IT'S GREAT. IT'S GETTING LOTS OF EXPOSURE FROM MCKINNEY. UM AS WELL AS LAST WEEK. WE DID SPONSOR THAT TEXAS NORTH TEXAS BLOCKCHAIN COUNCIL MEETING HERE WAS HELD AT LOCAL YOKEL REALLY INTERESTING THINGS THAT WE'RE GETTING INVOLVED IN WITH NEW TECHNOLOGY AND DIFFERENT ORGANIZATIONS TO HELP JUST INCREASE AWARENESS OF WHAT'S HAPPENING IN MCKINNEY WITH OUR INNOVATION, ECONOMY AND CONTINUING TO SUPPORT THAT AND PROMOTE THAT. YOU KNOW OUT AS AS VAST AS BROAD AS WE CAN. SO WE'RE GETTING GOOD PRESS. WE'RE GETTING INVOLVED WITH SOME GREAT ORGANIZATIONS AND THINGS ARE REALLY MOVING. THANK YOU, PETER . MR. CHAIRMAN IF I MAY, I'D LIKE TO COMPLIMENT PETER AND STAFF ON THIS MONTH'S ORGANIZATIONAL REPORT IN PARTICULAR. THE INCREASED DATA VISUALIZATION THAT YOU PROVIDED AROUND OUR SOCIAL MEDIA SUCCESS . VERY HELPFUL AND A GOOD READ. WELL, CREDIT THAT TO OUR NEW MARKETING DIRECTOR LUKE CAGE, ARI, YOU MIGHT HE IS. HE'S BEEN WITH US A LITTLE OVER A MONTH.
NOW HE'S ACTUALLY OVER. MEMORIAL DAY WILL BE MOVING HIS FAMILY. UM OVER TIME. I BELIEVE WHERE THEY THINK THEY'RE GOING. NO BUT WHERE THEY'RE MOVING FROM ABILENE. SO UH, WE SEARCHED LONG AND HARD FOR MARKETING DIRECTOR AND WE FOUND A GREAT GUY, BUT WE FOUND HIM OUT NOW BILLING, SO HE'S BEEN IN TRANSITION THE LAST MONTH AND A HALF. BUT HE IS OFFICIALLY MOVING OVER, UM, OVER MEMORIAL DAY WEEKEND, SO HE HE'S BEEN WORKING WEEK IN THE OFFICE A WEEK AT HOME. UH FOR THAT TRANSITION TIME, SO WE'LL BE HAPPY TO HAVE HIM FULL TIME IN THE OFFICE. YOU'VE SEEN THE WORK HE CAN DO, AND WE EXPECT WILL THIS BE A STANDARD PART OF THE REPORTER? THAT'S GREAT. SO HE'S DOING GREAT THINGS WITH OUR MARKETING, AND WE'RE REALLY, REALLY GREAT. FORTUNATE TO HAVE HIM ON BOARD. ANY OTHER COMMENTS. LEFT SIDE THE DICE. YES, SIR. RIGHT? NEXT WE HAVE
[Consider/Discuss MEDC Monthly Metrics Dashboard Report]
22.473 CONSIDERED DISGUSTING DC MONTHLY METRICS DASHBOARD REPORT. HAVE YOU NOTICED? THIS LOOKS A LITTLE BIT DIFFERENT AS WELL. UM AGAIN CREDIT TO LUC LUCAS TAKING A 360 DEGREE. LOOK AT ALL OF OUR MARKETING FROM OUR WEBSITE TO OUR CURRENT PROMOTIONS TO EVERYTHING WE PRESENT PUBLICLY. AND HE CHOSE TO DO IT A LITTLE BIT DIFFERENTLY THAN OUR STANDARD GRAPH THAT YOU'VE SEEN BEFORE, BUT KIND OF SHOWS YOU WHERE WE'RE AT PROJECTS. WE'VE GOTTEN AN INFLUX OF PROJECTS RECENTLY. UM SOME OF THAT CREDIT TO SOME OF THE PEOPLE WE BROUGHT OUT TO[00:15:07]
THE BYRON NELSON. SO WE'RE ALREADY SEEING IN RY ON THAT CAPITAL INVESTMENT. WE WE'VE ONLY ANNOUNCED ONE PROJECT FOR THE YEAR, BUT WE HAVE A LOT OF UH, PROJECTS IN THE PIPELINE THIS YEAR, SO WE EXPECT THAT THAT WILL FAR EXCEED OUR GOAL THIS YEAR WITH SOME ANNOUNCEMENTS. WE HAVE FORTHCOMING VERY WE'RE ON TRACK . WE'RE DOING WELL IN YOU GO IN THE MIDDLE OF HEADING INTO Q THREE WITH ARBITRARY VISITS. PEOPLE ARE STARTING TO MEET MORE . IT'S NOT. IT'S NOT AS DIFFICULT FOR US TO GET FACE TO FACE MEETINGS, SO THAT'S GOOD AND LARGE IMPROVEMENT. AND AGAIN ALL ACROSS THE BOARD. UM I'LL NOTE ONE SPECIFIC ONE. THERE ARE WEBSITE VISITOR TRAFFIC AGAIN. CREDIT TO OUR NEW MARKETING EXECUTIVE. HE'S DOING EXCELLENT JOB WITH PROMOTING AND PUSHING TRAFFIC WITH OUR SOCIAL POSTS AND EVERYTHING TO R. C. WHERE UP? UM. QUITE A BIT FROM OUR TARGET RIGHT NOW. ALMOST 100% OVER. AS WELL AS OUR EMAIL, MARKETING OPEN RATE. YOU KNOW, OUR GOAL IS 40% I THINK WE ENDED THE YEAR LAST NIGHT LAST YEAR AT THE 39.6. SO WE JUST MISSED THAT. BUT WE'RE WE'RE ALREADY DOING BETTER THAN THAT. SO EVERYTHING IS WORKING WELL. ANY QUESTIONS OR COMMENTS FOR PETER I LIKE THE NEW FORMAT. I'M JUST MENTION YOU KNOW TO ECHO THE BYRON NELSON WAS A GREAT EVENT, BUT I THINK PARTICULARLY HOW YOU USED IT TO FOCUS THE SITE SELECTORS. TO HAVE IT WOULD BE A FAM TOUR WRITING KUDOS TO GETTING SERIOUS AND THANKS TO SERIOUS AIRCRAFT, TOO. TAKE THEM ON AN AERIAL TOUR OF THE CITY AND THE DINNER BEFORE WEDNESDAY NIGHT, AND EVERYTHING ELSE THAT REALLY TURNED OUT. I THINK TO BE MASTERFUL TO GET THEM TO REALLY KNOW US IN THE CITY AND PEOPLE HERE. YES, AGREED. MOVING ON. WE[Consider/Discuss/Act on the March 2022 Financials]
HAVE REGULAR AGENDA. 22.474 CONSIDER ACT ON THE MARCH 22 FINANCIALS. NEVER. MORNING CHANCE. MILLER FINANCIAL COMPLIANCE MANAGER MARCH WAS A QUIET MONTHS. I'LL BE BRIEF AND BE ANSWER. HAPPY TO ANSWER ANY QUESTIONS YOU MIGHT HAVE FOR ME . UM, SO MARCH OF 2022. WE SAW A LITTLE OVER 1.5 MILLION REVENUE, WHICH WAS BASICALLY ALL SALES TAX REVENUE. IN REGARDS TO EXPENDITURES WE HAD 604,000 FROM MARCH. 226,000 OF THAT WAS FOR OPERATION EXPENSES. 139,000 OF THAT WAS FOR PROJECT EXPENSES. AND THEN WE HAVE AROUND 240. THAT WAS FERRARI ALL ZIONISTS, THE DEBT SERVICE AND SOME OF THAT WE DO MONTHLY TRANSFERS TO SO THAT'S ALL I HAVE FOR THE OPERATING STATEMENT, BUT LOOKING AT SALES TAX RIGHT? SO MARCH COLLECTIONS IS ACTUALLY JANUARY SALES TAX, SO WE HAD A 17.3% INCREASE OVER LAST YEAR. LOOK AT OUR SISTER CITIES, ALLEN HAD 11.8% INCREASE. FIRST GO AHEAD AT 22% INCREASE, BUT THEY HAD AUDIO COLLECTIONS AND THE PRIOR SO THEY'RE TRUE INCREASE WAS CLOSER TO 27% OF FRISCO'S HAD A FAIRLY GOOD YEAR TO THIS POINT, BUT WE ALL HAVE. BUT FIRST GOES A LITTLE BIT AHEAD OF ALL THE OTHER SISTERS, SISTER CITIES. IN PLANO WAS AT 16. HERE TODAY. THAT BRINGS MCKINNEY UP TO 17.8% INCREASE AND YOU KNOW, WE USUALLY BUDGET YOU KNOW, WE'VE BEEN UP AND OUT LIKE 6 TO 7% AND WE'RE STILL SHOWING 17.8% DOUBLE DIGIT INCREASES. I WAS LOOKING AT THE INDUSTRY'S I DIDN'T SEE ANYTHING. IT WOULD BE YOUR STUDY INCREASES ACROSS ALL THE INDUSTRIES. CONSTRUCTION WAS UP A LOT MORE THAN LAST YEAR, BUT THAT WAS ONLY LIKE A 60% INCREASE IN THE MONTH AND MONTH THAT CHANGES BUT THAT'S THE ONLY THING I NOTED WHEN I WAS LOOKING AT THE INDUSTRIES BESIDES, THAT BUDGET TIME IS COMING UP, SO I'M SURE WE'LL BE MEETING WITH THE FINANCE COMMITTEE OVER THE NEXT MONTH. THEN HOPEFULLY WE'LL BE TAKING THAT TO YOU ALL TO THE BOARD AND JUNE OR JULY, DEPENDING ON HOW ALL THAT TURNS OUT. I'LL BE HAPPY TO STAY IN ANY QUESTIONS AT THIS TIME. MR. CHAIRMAN MAY I THANK YOU FOR THE REPORT? CHANCE MY QUESTION WOULD BE HISTORICALLY WE, AS ABOARD THE CITY IS, IS IT ORGANIZATION HAS BEEN PRETTY CONSERVATIVE IN HOW WE'VE TAKEN A LOOK AT PROJECTIONS OF REVENUE GROWTH AND WE HAVE BEEN NOW CONSISTENTLY AND DOUBLE DIGIT SALES TAX REVENUE GROWTH FOR QUITE SOME TIME. CORRECT IS THERE A IS THERE A POSSIBILITY? OR PERHAPS A POINT OF VIEW OUT THERE THAT MAYBE WE SHOULD, YOU KNOW, DUST OFF OUR CONSERVATIVE VIEW AND MAYBE GET A LITTLE MORE AGGRESSIVE AND HOW WE BUDGET REVENUES ALWAYS LEAN ON MARK HOLLOWAY. HE'S YOU KNOW, HE'S BEEN HE'S NOT HERE. SO WHY DON'T YOU ANSWER THAT QUESTION? SO HE'S THAT WE'VE DEFINITELY INCREASED. HE USUALLY WHEN I FIRST GOT HERE, WE'RE GOING LIKE 3 TO 4% AND SO WE'RE ALL THE WAY UP TO SIX CUSTOM 7% WERE STILL ALMOST W YOU KNOW, WE'RE UP TO OVER DOUBLE THAT ON THE YEARLY BASIS, SO I DON'T PLAN ON THAT CHANGING, BUT, YOU KNOW, TAKE IT UP WITH HOLLOWAY. IF YOU HAVE[00:20:04]
ANY QUESTIONS OR CONCERNS, BUT HE'S PRETTY, YOU KNOW, HE'S DONE THIS FOREVER. HE WAS IN MESQUITE WHEN THE ECONOMY WASN'T SO GREAT. SO WE'VE SEEN BOTH SIDES OF THE SPECTRUM. SO UNDERSTAND FROM HIS POINT OF VIEW. AND WHENEVER YOU ARE BUDGETING TO GET A BREAK, EVEN POINT GOING OVER, JUST ALLOWS MORE TO ROLL INTO FUND BALANCE AND DECISIONS LIKE THAT AS WELL. SO UM, YEAH, THE BUDGET TEAM, OR HOLLOWAY WOULD BE ALWAYS OPENING. DISCUSS THAT WITH THE NAVY YARD ANYTIME, BUT I HAVE VERY LITTLE IMPACT ON THE PROJECTIONS. THAT'S MORE. HALLWAY IN THE BUDGET TEAM AND ALL THAT. WELL YOUR ABILITY TO DUCK THAT QUESTION WAS MASTERFUL. ANY OTHER QUESTIONS CHANGE? THANK YOU APPRECIATE IT. APPRECIATE IT. POLITICAL HIS POLITICAL PR TRAINING IS KICKING IN, MAN. HOW TO ANSWER A QUESTION WITH A QUESTION. ALL RIGHT, UM. ANY PUBLIC COMMENTS IN REGARDS TO MATTERS, NOT ON THE AGENDA. OH, SORRY. THIS IS THE VOTING. I'M SORRY. UM. IS THERE NO OTHER DISCUSSION ON THE MARCH 22 FINANCIALS MOVED. I'LL MOVE TO ACCEPT S PRESENTED. A SECOND. DID YOU PUSH HIM BY MR COHEN, SECOND BY CUT OFF. YEAH VOTE YES, CPR. VOTING IS NOT WORKING BY VOTING BUTTONS. NOT UP, BUT I VOTE IN THE AFFIRMATIVE. YES. OH, YES, YES.I NEED TO RESTART MY IPAD. IT WAS JUST OKAY? YEAH. ALRIGHT MOTION PASSES. NOW WE'RE GONNA MOVE ON THE PUBLIC COMMENTS IN REGARDS TO MATTERS NOT ON THE AGENDA. NO PUBLIC COMMENTS.
[BOARD COMMENTS]
BOARD COMMENTS COUPLE I WAS HOLDING OUT, ALL RIGHT, AND THERE WAS PERFECT. JUST KIND OF FOLLOW UP ON THE BYRON NELSON AND JUST A FEW THINGS THAT MORE SPECIFIC COMMENTS. UM. I HAD THE OPPORTUNITY TO SERVE ON THE HOST COMMITTEE, BUT THEY THINK WHAT'S IMPORTANT FOR PEOPLE IN MCKINNEY TO UNDERSTAND AND NOW IS THAT ONE OF THE REASONS WHY WE HAVE THE BYRON NELSON IS BECAUSE OF THE CITY'S SUPPORT. UH NOT JUST GOING TO THE TOURNAMENT, BUT THE FINANCIAL SUPPORT THAT IS PROVIDED TO BRING THE BYRON NELSON HERE. IN THE IMPACT OF THAT THEY ARE IN THE MIDDLE OF AN ECONOMIC IMPACT STUDIES. OBVIOUSLY WE'LL GET MORE DATA, BUT ONE OF SOME OF THE THINGS THAT HAVE COME OUT OF THIS JUST EVEN FROM THE PRESENTATION THE OTHER DAY IS THEY NOTED THAT FROM THE HOSPITALITY STANDPOINT , CORPORATE HOSPITALITY, WHICH ULTIMATELY BRINGS PEOPLE TO US, POTENTIALLY FOR BUSINESS. THEY HAD OVER 106 DIFFERENT ORGANIZATIONS THAT PURCHASED HOSPITALITY JUST ON 17 1. AND SO WHEN YOU TAKE THAT, ALONG WITH THE 400 OR SO THAT WE HOSTED THE OPPORTUNITY FOR THEM TO SEE MCKINNEY SEE THE DEVELOPMENT THAT'S HAPPENING HERE. A LOT OF THEM MAY NOT HAVE EVER COME UP. THIS WAY OR COMING EAST ON 1 21 TO SEE THAT BECAUSE THESE ARE NOT PEOPLE THAT ARE NECESSARILY LOCAL. AH AND THEN THERE ARE THE OTHER COUPLE OTHER POINTS. I THINK WERE IMPORTANT. THEY HAD THE BEST FEEL THAT THEY'VE EVER HAD WELL SINCE 2000 AND FIVE IN TERMS OF PLAYER. PLAYERS WHICH ULTIMATELY RESULTED IN ALSO ONE OF THE HIGHEST TV RATINGS THAT THEY'VE HAD FOR THIS TOURNAMENT. SO WHEN YOU THINK ABOUT THE ADD VALUE OF FREE ADVERTISING JUST BY BEING ON GOLF CHANNEL AND YOU KNOW MAJOR NETWORKS DURING THE TOURNAMENT AND WHAT THAT DOES IN TERMS OF EVERY TIME THEY SHOW. NO MCKINNEY, TEXAS. THAT HAS A LOT OF VALUE, SO I THINK THERE'S DEFINITELY A TREMENDOUS BENEFITD TO WHAT OUR SPONSORSHIP DOES FOR ECONOMIC DEVELOPMENT, AND I'M JUST REALLY PROUD OF THE FACT THAT WE STEPPED UP AND HAVE DONE THAT. THAT'S IT COULD ADD. I HAD THE OPPORTUNITY LAST WEEKEND TO GO TO CHARLESTON, SOUTH CAROLINA, PLAYING A MEMBER GUEST WITH MY FRIEND JOHN. AS I'M MEETING THE MEMBERS OF HIS CLUB AND THE OTHER GUESTS, AND THEY ASKED WHERE YOU'RE FROM, AND I SAY A LITTLE TOWN CALLED MCKINNEY, TEXAS FOR ABOUT 35 MILES NORTHEAST OF DALLAS. YOU GUYS JUST HAD THE NELSON, DIDN'T YOU? YOU KNOW, IT JUST JUMPS RIGHT OUT THERE. NOW PEOPLE IN FAR AWAY PLACES ARE REALLY AWARE OF US. SO IT'S JUST GREAT.THANKS. AND YOU DO. WE AH WOW COMMENTS LYNN. IF YOU'RE LISTENING, JOHN AND I JUST BROKE
[00:25:03]
EVEN. THE COMMENTS THAT YOU LOST WE ALWAYS BREAK EVEN. QUESTION IS JUSTIN THOMAS, TAKE. BECAUSE OF THAT. YOU WANT EVERYBODY ON OUR BOARD? YOU SPEND AT LEAST A DAY. THANK YOU. WE REALLY ENJOYED BEING IN THE OPPORTUNITY TO VISIT THE SWEET TO SEE THE COURSE IT WAS ABSOLUTELY GLORIOUS AND TO BE ABLE TO WORK TOGETHER WITH YOUR BOARD AND THE CITY TO MAKE THIS HAPPEN WAS A HUGE, HUGE COMING TOGETHER AND COLLABORATION, SO I DIDN'T MEAN TO LEAVE YOU ALL OUT. NO AND, UM WE WERE ALL REALLY GLAD TO BE THERE. AND TO A T. THERE WAS TREMENDOUS VOLUNTEERISM THROUGHOUT THE CITY TO SEE OUR CITY MANAGER VOLUNTEERING. IS HUMBLING AND GRATIFYING. WE'RE ALL OUT THERE PITCHING IN TO BE PART OF THE BRINGING THAT HUGE INITIATIVE AND AS SOMEBODY WHO HAS VOLUNTEERED FOR YEARS THAT THE BYRON NELSON IT WAS THE BEST WEATHER I HAVE EVER SEEN. SO IT WAS JUST ABSOLUTELY GLORIOUS TO BE THERE, AND I LOOK FORWARD TO BETTER THINGS COMING NEXT YEAR, SO THANK YOU ALL. THANKS, CAPTAIN. AND I WILL SAY ONE OF THE BIGGEST COMPLIMENTS. I THINK I'VE HEARD FROM THE SALESMANSHIP CLUB WHEN I WAS WALKING AROUND WAS THE POLICE AND FIRE. I DID NOT SEE LIKE ONE POLICE OFFICER THAT THEY DID NOT HAVE A SMILE ON HIS FACE AND IT WAS HOT AND SOME OF THESE GUYS WERE IN FULL UNIFORM WITH PANTS ON AND IT'S BLACK UNIFORMS, AND IT'S POLYESTER AND IT'S IT DOESN'T VENT WELL, AND IT'S A IT WAS, BUT THEY WERE AND THEY HAD THE BIGGEST SMILES ON THEIR FACES, AND THEY JUST ENJOYED BEING OUT THERE. UM IT'S TO ME THAT'S JUST FANTASTIC THAT YOU KNOW IT KINDA FOR THE ACTUAL VISITORS THERE JUST TO SEE THE HAPPINESS OF THE LOCAL. YOU KNOW, POLICE AND FIRE STAFF JUST, YOU KNOW, ENJOYING THEMSELVES TO JUST JUST MADE THE EVENT EVEN MORE SPECIAL. ALRIGHT, WELL. IN ACCORDANCE WE'RE GONNA MOVE ON TO EXECUTIVE[EXECUTIVE SESSION]
SESSION SO IN ACCORDANCE WITH THE TEXAS GOVERNMENT CALLED SECTION 551.71 WITH GENERAL COUNSELOR ON ANY WORK SESSION SPECIAL OR REGULAR SESSION AGENDA ITEMS REQUIRE REQUIRING CONFIDENTIAL ATTORNEY CLIENT ATTORNEY CLIENT ADVICE NECESSITATED BY THE DELIBERATION OR DISCUSSION OF SAID ITEMS. AND LEGAL COUNSEL TAE SHIN ON THE FINAL FOLLOWING ITEMS WE HAVE SECTION 551.87. WE'RE GOING TO DO, UH, DELIBERATION ON REGARDING ECONOMIC DEVELOPMENT MATTERS. PROJECT CARDBOARD BOARD PROJECT SHUTTLE PROJECT WHALES. AND VIRTUE WAVE. IN SECTION 551.WE ALSO DISCUSSED IN SECTION 551.74 PERSONNEL MATTERS, AND THIS IS THE M E. D C PRESIDENT'S PERFORMANCE EVALUATION CRITERIA. THE TIME NOW IS 8:30 A.M. AND, UH, WE'RE GOING TO ADJOURN THE MOVE INTO EXECUTIVE SESSION. WE WILL BE IN THE BACK GOOD MORNING. THE TIME IS NOW 9 37 AM
[ACTION ON EXECUTIVE SESSION]
AND IT WILL AND WE HAVE RETURNED FROM EXECUTIVE SESSION. WE DO HAVE SOME ITEMS. UM. SOME ACTION ITEMS TO BE THE DECISION THIS MORNING FIRST, STARTING WITH PROJECT CARDBOARD. ME. I. I WILL MOVE TO APPROVE AS WE DISCUSSED IN EXECUTIVE SESSION. SECOND. ALL THE BUTTONS SHOULD WORK. MY SECOND BUTTON IS UP AND NOW VOTING, RIGHT? WE HAVE A MOTION BY MR KUHNE AND, UH, SECOND BUYER. OH, I'M UP. BEEN WELL. YES. MOTION APPROVED. HMM. NEXT. WE HAVE A PROJECT SHUTTLE. MR CHAIRMAN, I MOVE THAT WE APPROVED. THE CHANGE OF THE PROJECT SUBTLE AGREEMENT AS DISCUSSED AN EXECUTIVE SESSION. HAVE A SECOND I'LL SECOND THAT I DON'T HAVE A BUT OCEAN DID MORE. OH, I DID HIT THE MOTION BY MOTION, MISSISSIPPI OR AND SECOND BY MR MINISTER, ALI. I MEAN, YEAH. MOTION APPROVED. NEXT. WE HAVE A PROJECT WHALES.[00:30:26]
MR CHAIRMAN. I MOVE THAT WE APPROVED PROJECT WALES IS DISCUSSED IN EXECUTIVE SESSION HALF SECOND. MHM. YEAH. MOTION PASSES. AND AT LAST WE HAVE VIRTUE WAVE. CHAIRMAN I WILL MOVE TO ACCEPT OR MOVE. APPROVED AS WE DISCUSSED IN EXECUTIVE SESSION. NAILED IT SECOND. WHAT HE ALMOST SAID. YES MOTION BY MR KUHNE AND HIS SECOND BY EXACTLY YEAH. MOTION PASSES NOW. LAST BUT NOT I GUESS, IN LEAST, UM DO I HAVE A MOTION TO ADJOURN THE MEETING TODAY? I'LL MAKE THAT MOTION TO ADJOURN SECOND. I DON'T KNOW. YESTERDAY THANK YOU. GO HOME.ALRIGHT MEETING
* This transcript was compiled from uncorrected Closed Captioning.