Feb 21, 2023 McKinney Economic Development Corporation on 2023-02-21 8:00 AM

[CALL TO ORDER]

[00:00:43]

GREAT. DAY WITH OUR FIRST ORDER OF BUSINESS, ACTUALLY IS WE WISH TO PRESENT OUR CHAIRMAN, FORMER CHAIRMAN MICHAEL JONES WITH A J. RECOGNITION SO. GOT MICHAEL AND HIS WIFE, ANGIE, HERE. HE'S RUNNING FOR CITY COUNCIL. SO, MICHAEL, YOU GET THREE MINUTES. YEAH. I WAS DELETING SOME STUFF TO GET IT UNDER. THERE YOU GO. SO, UH, YOU KNOW, MICHAEL SERVED ON OUR BOARD FOR WHAT? SIX YEARS 5.5 YEARS AND STEP DOWN RECENTLY TO RUN FOR CITY COUNCIL, AND WE JUST REALLY APPRECIATE YOUR SERVICE TO THE E. D C AND TO THE CITY OF MCKINNEY AND WANT TO PROVOKE.

PRESENT THIS TO YOU. THE SHOWS YOUR YEARS OF SERVICE. AND IN ADDITION TO THAT, SINCE YOU WERE CHAIR. WE HAVE A GAVEL FOR YOU. AWESOME DON'T TELL GEORGE CAMPBELL APPEARS TO BE BIGGER THAN HIS GAVEL. ACH BUT ANYWAY, THANK YOU SO MUCH FOR YES, YOU SO MUCH FOR YOUR SERVICE AND THE MIC IS YOURS IF YOU'D LIKE TO SAY A FEW WORDS. PERFECT. AND THEN GO AND WRITE DOWN THE SPEECH. I JUST GOT SOME HIGHLIGHTS HERE. CHAIRMAN BOARD . FIRST OF ALL, THANK YOU. IT'S BEEN A PLEASURE SERVING WITH YOU ALL ON THE BOARD LAST. I THINK THE ONLY PERSON THAT'S SERVED THE ENTIRE 5.5 YEARS WITH ME, MR MINUTES, ALI, SO IT'S BEEN A PLEASURE SERVING WITH YOU AND ALL THE NEWCOMERS AND IT'S. IT'S BEEN A GREAT RIDE. I MEAN, I WANT TO THANK CITY COUNCIL. UM I WOULDN'T BE HERE WITHOUT CITY COUNCIL. I MEAN, THERE. YOU KNOW THEY'RE ELECTED AND THEY THEY PUT ME ON THIS BOARD AND THEY YOU KNOW THEY INSTILLED IN A YOU KNOW, SO THAT I COULD SERVE TWO TERMS, YOU KNOW THAT? YOU KNOW, WE SERVE IT THERE. YOU KNOW, AT THEIR MERCY, I THANK THEM ALL, MR ROGERS. MR FRANKLIN. UM GEORGE IS NOT HERE AND ALL THE OTHER PEOPLE THAT VOTED TO KEEP ME ON THE BOARD. IT'S THE ONE OF THE MOST PRESTIGIOUS BOARDS IN MCKINNEY. YOU KNOW THEIR BEST TO WHAT THEY CALL THE MONEY BOARDS, AND WE DO GREAT WORK IN THE CITY, AND I YOU KNOW, I WE HAVE A LOT OF ACCOMPLISHMENTS THAT WE ACCOMPLISHED ON THIS BOARD. BUT I JUST WANT TO KEEP IT VERY SIMPLE, AND IT'S UH, IT'S A PASSION FOR ME THAT THEY WERE ACCOMPLISHED. YOU KNOW, PRIOR TO ME GETTING ON THIS BOARD FROM 2010 TO 2017. THE DID OVER $370 MILLION THEY PARTICIPATED $307 MILLION IN PROJECTS AT A COST OF $33 MILLION. WHEN I JOINED THE BOARD WE HIRED PETER OVER THE NEXT FIVE YEARS. WE DID OVER $870 MILLION. WE PARTICIPATED IN PROJECTS IN MCKINNEY AND WE SPENT $41 MILLION THAT'S WHAT I CALL PHYSICALLY RESPONSIBLE AND ACTUALLY GROWING MCKINNEY THE RIGHT WAY. I MEAN THAT OUTSIDE OF THAT, YOU KNOW, WE CAN LIST ALL THE PROJECTS, BUT THAT TO ME ONE OF THE GREATEST ACCOUNTS ACCOMPLISHMENTS OF ME BEING ON THIS BOARD. SERVICE YES, I AM RUNNING FOR CITY COUNCIL AT LARGE, AND I WOULD LOVE FOR YOU GUYS TO SUPPORT ME. BUT THERE ARE YOU KNOW OUTSIDE OF THAT, TOO. I MEAN, THERE ARE PASSION PROJECTS AND IN OTHER WAYS I SERVED THE COMMUNITY BECAUSE I WILL ALWAYS BE INVOLVED IN THE COMMUNITY, AND ONE OF THOSE IS THE HUGS BOARD. I JUST WANT TO ENCOURAGE EVERYBODY TO PLEASE SIGN UP AND PARTICIPATE IN THE HUGS GALA THIS YEAR AND SUPPORT HUGS IN ANY WAY POSSIBLE. GOING THERE TO EAT MEAT. THE PEOPLE MEET THE WAITRESS AND YOU KNOW ON THE BUS. THERE'S I MEAN, THEY'RE GREAT PEOPLE. MAKE SURE YOU GO OUT THERE AND SPEND TIME WITH HUGS AND ALSO ONE HEART, MCKINNEY. WHAT HEART MCKINNEY WAS SET UP DURING, YOU KNOW, COVID AS AN ORGANIZATION THAT ACTUALLY TAKES PEOPLE IN THAT, YOU KNOW, HAVE MULTIPLE NEEDS VERSUS JUST HOMELESS OR I NEED. I NEED FOOD, BECAUSE A LOT OF TIMES YOU COME IN. THERE'S A LOT OF DIFFERENT ISSUES. SO WHEN ART MCKINNEY BRINGS ALL THESE OTHER ORGANIZATIONS TOGETHER, UM, TO ALLOW TO TELL THOSE PEOPLE TELL THE STORY JUST ONE TIME BECAUSE

[00:05:05]

MATERIAL. I WANT ONE OF THE GAVELS WHO. OKAY, LET'S LET AND YOU GET TO THE FRIED. COME ON, YOU CAN GET A GOOD PICTURE. YEAH, I CAN DO WITH YOU. MHM. HEELS. COUPLE OF YEARS. YEP. YOU GOT IT. YEAH. NO. SO MICHAEL, I SPENT 33 YEARS OF T I MIGHT SEND OFF WASN'T NEARLY THAT NICE. COLOR BOX. DID YOU GET. THE BIG WHITE ONE. OR DID YOU LEAST SHOOT FOR THE BROWN ONE? MORNING, MAYOR. GOOD MORNING. MARY. ALL RIGHT. NEXT. WE HAVE PUBLIC COMMENTS ON AGENDA ITEMS FOR NON PUBLIC HEARING ITEMS. IF YOU WISH TO ADDRESS THE BOARD NOW IS THE

[CONSENT ITEMS]

ESTHER VOTES. OKAY? MOTION PASSES. I KNOW ABOUT IT. KEEPING THEM BACK. THANKS WE

[Board and Liaison Updates City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman]

[00:10:06]

[00:15:05]

TO EXPLAIN THE TEAM FOR THE DEAL ON FRIDAY NIGHT. OKAY WELL, UM, IT IS A RIO CARNIVAL. SERVE YOU GOOGLE THAT IT'S SORT OF LIKE A MARDI GRAS AND IN SOUTH AMERICA , THEY DON'T HAVE ONE OF THOSE BIG HATS. YOU KNOW, AMAZON DELIVERS. UM AMAZON PRIME, THEY USUALLY GET IT TO YOU OVERNIGHT.

UH BUT BRIGHT COLORS. WE HAVE ENTERTAINMENT THAT WE'VE HIRED SAMBA DANCERS, SO SHOULD BE SHOULD BE FUN. A LOT OF THE FOOD AND THE DRINKS WILL BE VERY MUCH ON THEME. THANK YOU. NOW I KNOW WHAT TO WEAR TO WARE. YES JUST MAKE SURE IT'S APPROPRIATE FOR. YOU KNOW, THAT'S THE ONLY CAVEAT THAT WE HAVE TO WEAR THAT CHICKEN SUIT ATTIRE FOR A LONG TIME. THE CHICKEN SUIT. I DON'T HAVE A CHICKEN HAVE SOMETHING BETTER. OH WELL, SO STAY TUNED. UM WE'LL GET TO SEE WHAT CHAIRMAN LOT. MILLER, UM, WILL BE WEARING THANK YOU VERY MUCH. THANK YOU. THANKS FOR EVERYTHING. THE CHAMBER DOES, BY THE WAY YOU GUYS ARE SO WANTED TO SAY THANK YOU TO LISA FOR A LOT OF HARD WORK SHE DID FOR THE OPEN HOUSE. WE DID WE HAD WE HAD AN AMAZING OPEN HOUSE AT OUR OFFICE. AND I KNOW THE CHAMBER WAS IT WAS KIND OF THE TIP OF THE SPEAR FOR THAT, SO I THINK IT WAS A GREAT EVENT. I THINK EVERYONE WHO CAME HERE HAD A GREAT TIME, AND I THINK IT WAS EVEN SAID WE SHOULD MAKE THAT. A NOT REGULAR EVENT BUT OCCASIONALLY EVENT ANY OF THAT.

BUT THANKS TO THE CHAMBER. YOU GUYS REALLY DID A GREAT JOB. THANK YOU. THANK YOU. VERY DEFINITELY A TEAM EFFORT. IT WAS GREAT TO WORK WITH LUKE AND OTHERS FROM YOUR STAFF AS WELL AS LINDA JONES. WHAT THEY MADE THE C D. C. OR GET ALL THE WORK THE LETTERS OUT, BUT THANK YOU WAS GREAT. THANK YOU. CATHERINE COMMUNITY DEVELOPED CORPORATION. MORNING. GOOD MORNING. YEAH, TRYING TO FIGURE OUT WHAT MY CARNIVAL OUTFIT MIGHT BE HEADDRESS? YEAH. FEW THINGS GOING ON. THIS IS THE TIME OF YEAR WHERE WE WORK ON THE GRANTS FOR UPCOMING PROMOTIONAL AND COMMUNITY EVENTS. SO UM, THERE WERE A VARIETY OF CULTURAL AND COMMUNITY EVENTS THAT WILL BE SUPPORTED BY THIS BRING GRANTS. INCLUDED IN THOSE ARE THE COMMUNITY MCKINNEY COMMUNITY CONCERTS, SIX SHOWS FOR THAT SHAKESPEARE MCKENNEY HERITAGE GUILD OF COLLIN COUNTY SIP AND STROLL SERIES, WHICH IS PUT ON BY SPG HOSPITALITY MARCHING MUSIC MADE IN MAKENI, THE ALWAYS POPULAR EMPTY BOWLS, WHICH WILL HAPPEN THIS SPRING. THE CONEY, THE QANTAS FOUNDATION TRIATHLON.

THE MAIN GATE COUNTY FAIR AND CONCERT, WHICH WILL HAPPEN LATER THIS SPRING. THE MCKINNEY GARDEN CLUB, THE 2023 ARTS AND BLOOM, WHICH IS A HUGE DROP FOR THIS FOR THE COMMUNITY. AND THEY CALL IN COUNTY. HISTORY MUSEUM. THERE WILL BE A WONDERFUL CREATED IN COLLIN EXHIBIT AND 10 EVENTS ASSOCIATED WITH THAT, UM, ALSO SUPPORTED THIS YEAR WILL BE THE BLACK 2023 BLACK HISTORY MONTH EVENTS, WHICH HAVE BEEN A TREMENDOUS DRAW AND THE MILLHOUSE FOUNDATION TODAY ART FESTIVAL. UH THIS COMING WEEK. WE WILL ALSO HAVE ACTION ON THE PROJECT GRANTS, WHICH ARE THE LARGER GRANTS AT THE CDC, UM FANS AND UNDER CONSIDERATION FOR THAT ARE NEON SIGNS FOR THE HISTORIC FLOUR MILL UPGRADES FOR THE HERD. CRAIG ARTS CENTER, UM, AND THE MCKINNEY ROOTS FOR A REALLY COOL CHICKEN COOP PROJECT TO EXPAND THEIR EGGELING CAPACITY. WE SAW THE RENDERINGS FOR GOT SO THAT'LL BE A FUN ONE. WE ALSO ARE LOOKING FORWARD TO PRESENTING THE QUALITY OF LIFE AWARD. UM AT THE, UM. QUALITY OF LIFE AWARD BIG DINNER THIS THIS WEEK. UM AND FOR THE 2023 AWARDEE IN THE EVENT, INDIVIDUAL CATEGORY IS ROB TEMPLE. AND THE IN THE ORGANIZATION CATEGORY. IT

[00:20:09]

D. C OFFICE. WE'RE GOING TO USE ONE OF THE NEW LARGE CONFERENCE ROOM. SO WE'RE REALLY EXCITED ABOUT THAT. UM I'VE TALKED ABOUT HOW WHAT WE DO WAS VISIT MCKINNEY, WHERE A PIECE OF A PUZZLE, BUT IT REALLY TAKES MULTIPLE ENTITIES TO PULL OFF THE GRAND VISION OF WHAT TOURISM AND HOSPITALITY LOOKS LIKE IN MCKINNEY, AND SO WE HAVE INVITED PARTNERS TO JOIN US FOR PORTIONS OF THAT SESSION, INCLUDING REPRESENTATIVES FROM IMMEDIATELY SEE. UM AND THEN A FEW MAJOR EVENTS THAT WE HAVE COMING UP JUST THINGS TO KEEP ON YOUR CALENDAR. WE'RE EXCITED ABOUT THIS. WE HAVE THE COMMUNITY. LEADERS OF AMERICA CONFERENCE COMING MAY 2ND THROUGH FIFTH.

THEY'LL BE STAYING AT THE GRAND AND DOING THINGS THROUGHOUT THE COMMUNITY. WE HAVE THE CITY OF GEORGETOWN ACTUALLY REACHED OUT TO US AND MAINLY THEIR DOWNTOWN AND ECONOMIC DEVELOPMENT AND TOURISM STAFF. ARE WANTING TO COME UP. IN APRIL. THEY BOOKED 25 ROOMS AT THE GRAND AND SO WE'RE WORKING WITH SEVERAL ENTITIES TO TRY TO PULL TOGETHER A FEW QUICK MEETINGS FOR THEM, BUT REALLY, THEY'RE GETTING READY TO DO SOME MAJOR PROJECTS IN THEIR DOWNTOWN AND THEY'RE SO IMPRESSED WITH WHAT HAS TAKEN PLACE HERE THAT THEY'RE WANTING TO COME UP AND SEE IT FIRST HAND AND REALLY GET TO TALK TO SOME OF OUR STAFF. THERE IS A IRISH WOLFHOUND DOG SHOW HAPPENING.

I'M IN APRIL 17TH THROUGH THE 20TH. SO IF YOU'VE GOT ONE MAYBE YOU CAN JOIN. I DON'T KNOW. UM ALSO, THEN WE LEAD INTO THE BYRON NELSON AND MAY AND THEN IMMEDIATELY AFTER THAT, THE DAY AFTER WILL BE HOSTING THE NATIONAL JUNIOR COLLEGE D ONE TENNIS CHAMPIONSHIP AT THE COURTS. AWESOME. UH, BUSY TIME FOR THE NEXT COUPLE OF MONTHS HERE IN MCKINNEY, AND WE'RE EXCITED TO GET TO WORK AND MAKE ALL OF THESE EVENTS ARE GREAT EXPERIENCE. SO THAT'S WHAT I'VE GOT FOR YOU TODAY. SO I DO HAVE A QUESTION SO REGARDING HOTELS BECAUSE I KNOW THERE ARE A NUMBER OF THEM BEING BUILT AND FINISHED OUT. SO DO YOU HAVE A FEEL FOR MAYBE BY THE END OF THE YEAR. HOW MANY ADDITIONAL HOTEL ROOMS WE WILL HAVE. WE WERE WRITING ABOUT 1700 HOTEL ROOMS RIGHT NOW AND THE TRU BY HILTON . THE ONE OVER KIND OF BEHIND MCALLISTER'S. THAT ONE IS ACTUALLY SLATED TO FINALLY OPEN IN THE NEXT MONTH OR SO. SO WE SHOULD HAVE THAT ON THE BOOKS

[00:25:02]

THERE ARE TWO OTHER PROPERTIES. WE'RE TRACKING THROUGH THE PLANNING DEPARTMENT MIDDLES.

THERE'S AN DAVID HOTEL, ANOTHER LIMITED SERVICE PROPERTY OFF OF HOW A 75 KIND OF VIBE VIRGINIA AND THEN UM, THERE'S A COUPLE OTHERS THAT ARE OUT THERE THAT YOU KNOW WE'RE WAITING TO SEE IF ANYTHING COMES ABOUT, BUT REALLY, I WOULD SAY BY IN THIS CALENDAR YEAR AND THE BEST CASE WOULD PROBABLY GETTING THAT TRUE OPEN. THAT'S THAT'S BASICALLY READY TO GO AND ADDING THAT TO OUR BOOK, SO GREAT. THANK YOU. THANKS. RIGHT SO NEXT, WE HAVE IMMEDIACY COMMITTEE UPDATES.

THIS IS SOMETHING NEW ON OUR AGENDAS. WE HAVE SEVERAL SUBCOMMITTEES, AND WE'RE GOING TO HAVE AN OPPORTUNITY EACH MEETING. FOR THE LEADS ON THOSE COMMITTEES TO GIVE REPORTS THAT THERE ARE ANY. THERE MAY BE VERY FEW REPORTS THIS FIRST GO AROUND BECAUSE THIS IS SOMETHING NEW, BUT I'LL GO AHEAD AND OPEN IT UP. IS THERE ANYTHING FROM THE FINANCE COMMITTEE? THIS FRIDAY.

YOU KNOW. SO NO UPDATE THIS FRIDAY. COULD BE FROM OUR STRATEGIC PLANNING RETREAT. THEY MIGHT HAVE AN UPDATE. THEY DON'T GO. THERE YOU GO. YEAH, I'M A LITIGATOR. DON'T LET'S GO. RIGHT GOVERNANCE. WE'RE PRESENTLY WORKING ON A DOCUMENT FOR THE GOVERNANCE COMMITTEE THAT TO PRESENT TO THE BOARD, AND, UM WE WILL UPDATE YOU WITH THAT LATER . UH, INNOVATION FUND. SO WE MET, UM LAST WEEK, AND, UH. MICHAEL AND PETER AND A COUPLE OF MEMBERS OF STAFF GAVE US A VERY GOOD OVERVIEW OF THE WHOLE PROCESS FROM INCEPTION. UM, SOME . SIGNIFICANT IMPROVEMENTS WERE MADE IN THE LAST 12 MONTHS. WITH REGARDS TO HOW WE THINK ABOUT THE METRICS. AND, UH, WE'RE GONNA MEET MONTHLY AND, UH, THE PROGRAM IS WIDELY RECOGNIZED AS INNOVATIVE AND, YOU KNOW, IN SOME AREAS COPIED BY OTHER E. D. C S AROUND THE AREA, SO IT'S A IT'S A REALLY NICE PROGRAM, AND, UH YOU KNOW, I THINK WE'RE GOING TO CONTINUE TO DIG IN AND SEE HOW WE CAN CONTINUE TO ENHANCE UM, THE PROGRAM. THANK YOU. MARKETING MEETS ON THE FIRST FRIDAY OF THE MONTH. YES SO WE HAD OUR MEETING. WE SPENT SOME TIME LUKE BROUGHT US UP TO SPEED KIND OF ON SOME OF THE ACTIVITIES AROUND BYRON NELSON. WE WILL HAVE KIND OF A FULL UPDATE FOR THE BOARD ON BOARD PARTICIPATION AND SOME ACTIVITIES AROUND THAT WE SPEND A LOT OF THE TIME DURING THAT MEETING KIND OF TALKING ABOUT WHAT OUR REGULAR CADENCE WILL BE GOING FORWARD. SO WE WILL START REVIEWING EVENTS PROJECTS LOOKING AT BUDGET RETURN ON INVESTMENT SO THAT WE MAKE SURE THAT WE CONTINUE TO INVEST IN THE RIGHT KINDS OF MARKETING ACTIVITIES. WE ALSO SPEND A LITTLE BIT OF TIME TALKING ABOUT THE WEBSITE AND MAYBE SOME SOME PROJECTS THAT WE WANT TO TAKE ON THEIR TO DO SOME UPDATES. SO WE'LL KEEP YOU POSTED. THANK YOU. REAL ESTATE AND WE MET LAST WEEK BEFORE LAST, I GUESS TALKED ABOUT PREDOMINANTLY THE PROPERTIES THAT THE M E. D C IS INVOLVED IN. WE ANTICIPATE BRINGING THE BOARD UM. PROCESS WHERE WE DO SOME LONG, SOME LONG TERM PLANNING WITH SOME OF THE WITH THOSE PROPERTIES AND SO THERE'S YET TO BE SEEN. WE WILL BE BACK. THANK YOU. AND THEN LAST, BUT NOT LEAST THE BOARD CHAIRMAN. COMMENTS UM WE WILL BE AT THE NEXT MEETING WILL HAVE ON THE AGENDA. AN UPDATE ON COMMITTEE ASSIGNMENTS WITH MICHAEL ROTATING OFF TO FILL A COUPLE OF SPOTS THAT HE WAS SERVING ON. YOUR I THINK YOU'RE VERY RECEIVED THIS RIGHT OR NOT. OKAY, WELL, YOU'LL ALL RECEIVE PROPOSED LIST OF BOARD MEMBERS.

SO IF YOU TAKE A LOOK AT THAT LIST IF THERE'S ANY QUESTIONS OR COMMENTS OR DESIRES FOR CHANGE.

LET ME KNOW. OKAY SO THAT'S THAT'S THE PROPOSAL AT THIS POINT AND I WANT TO CONGRATULATE MR FRANKLIN ON HIS, UH NOT DRAWING DRAWING AN OPPONENT AND YOU KNOW, THAT'S ONE LESS SIGN THAT WILL BE OUT THERE IN OUR STREETS AND NEIGHBORHOODS. AND WHERE ARE WE SUPPOSED TO RETURN ANY SIGNS THAT WE HAVE A QUESTION? I HAVE, BUT, UH, YOU KNOW, AND T SHIRTS AND ALL OF THAT, BUT NO CONGRATULATIONS TO YOU, SIR. UH, LOOK FORWARD TO SERVING. HERE YOU IN THE FUTURE. ALSO, I KNOW WE'LL HAVE TIME TO DO THIS DOWN THE ROAD, BUT I WANTED TO THANK , RAINY CAREER SERVICE. PROBABLY THANK YOU AGAIN LATER. RAINY SERVED WITH ME ON COUNCIL THE LAST TWO YEARS OF MY LAST TERM AS MAYOR AND YOU'VE JUST DONE A FANTASTIC JOB FOR THE CITY. AND

[00:30:02]

[Consider/Discuss MEDC Monthly Organizational Report]

IT'S A GOOD MOVE FOR HIM LOST FOR US. HE'S BEEN A GREAT MEMBER. HE'S BEEN REALLY INFLUENTIAL AND WORKING WITH OUR INNOVATION FUND AND JUST GENERAL PROJECT'S BEEN GOOD. AH GOOD EMPLOYEES SO, BUT WE ALWAYS LIKE TO SEE PEOPLE PROGRESS IN THEIR CAREER. SO WE WISH HIM WELL. BUT ON THE SAME NOTE, WE ALSO HAVE TWO NEW PEOPLE COMING IN ON THE OPEN POSITIONS THAT WE HAD CAROLINE CAUSE HE'S GOING TO IS GOING TO BE ONE OF OUR NEW PROJECT MANAGER, SO WE LOSE PROJECT MANAGER AND PROJECT MANAGER. UM AND SHE HAS A GREAT GREAT BACKGROUND COMES FROM FORT WORTH. SHE HAS HER YOUR MASTERS AND ECONOMIC DEVELOPMENT. SO A REALLY GREAT ADDITION TO OUR TEAM. AND THEN EMILY BEC. I WILL BE COMING TO US FROM A BELIEVED IN THEN. CURRENT CITY OF CORINTH . UM SHE'LL BE OUR NEW EVENTS AND SPECIAL PROJECTS MANAGER SO THAT'S ONE OF THE THINGS WE'VE BEEN TALKING ABOUT, AS WE'RE INCREASINGLY HAVING MORE EVENTS. NELSON BEING KIND OF SUPER BOWL OF THAT, BUT WE ALSO HOST MULTIPLE REAL ESTATE EVENTS WITH BUSINESS, THE RED NEWS EVENTS AND JUST ONGOING BUSINESS AND COMMUNITY INVOLVEMENT. WE THOUGHT THAT THAT EVENTS PERSON WAS REALLY GOING TO HELP US ORGANIZE AND STREAMLINE THAT, SO THE PROJECT MANAGERS CAN FOCUS ON RECRUITMENT, RETENTION AND EVENTS CAN CAN FOCUS ON EVENTS. SO WE'RE EXCITED TO HAVE BOTH OF THOSE LADIES JOIN US, STARTING AT ONE OF THEM AT THE END OF THIS MONTH, THE OTHER AT THE BEGINNING OF MARCH SO VERY SOON AND THEN WE HAVE ALREADY POSTED FOR AH, PROJECT MANAGER POSITION TO, UM, HOPEFULLY GET SOMEBODY IN MIGUEL SEAT AND BE BACK TO FULLY STAFFED SO WE'RE EXCITED ABOUT THAT. AND, UM. THAT'S IT. ALRIGHT 23 0129 CONSIDER DISCUSSING BDC MONTHLY KPI.

[Consider/Discuss MEDC Monthly KPI Metrics Report]

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UM, I BELIEVE IN APRIL, SO THAT'S ALREADY SCHEDULED BERRY IS ON PAR FOR WHERE WE NEED TO BE AND EVERYTHING'S AND AGAIN. WE'RE EARLY IN THE YEAR. SO BELIEVE MADISON IS HOSTING A FAM TOUR TODAY WITH A GROUP COMING IN, SO WE WILL. WE WILL BE ADDING THAT TO THE STATS NEXT MONTH AND THEN COMMUNITY FORMS ARE PLANNED, SO I THINK WE'RE AT A GOOD START FOR EARLY IN THE YEAR FOR OUR KPI S AND I ANTICIPATE WITH US HAVING ANOTHER STRONG YEAR. GREAT.

[Consider/Discuss 2022 Annual Key Performance Indicators]

[Consider/Discuss/Act on the December 2022 Financials]

[Final September 2022 Financials]

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SLIGHTLY GOING UP. IT KIND OF DEPENDS ON HOW, UM A LOT OF THE MONEY IS IN BOND POLES AND STUFF LIKE THAT THAT WE HAVE, BECAUSE YOU ALL HAVE DEBT SERVICE PAYMENTS THAT WE HAVE TO RESERVE. AND SO IT'S NOT. WE CAN'T PUT ALL THE MONEY INTO INVESTMENTS ACCOUNT, ESPECIALLY THE AMOUNT THAT HOSPITAL PROJECTS I DON'T WANT TO MY BASIS. IT'S HARD FOR US TO TIE ANY OF THOSE IN THE LONG TERM INVESTMENTS. A LOT OF IT IS SHORT TERM CS ANTICIPATED GOING UP SLIGHTLY, BUT NOT TREMENDOUS. ALSO MAYBE 150 RANGE FOR NEXT YEAR IS KIND OF WHAT I PLANNED, BUT DEPENDS ON YOUR CASH BILL, TOO. WE PLAN ON THE EXPENDITURES ARE RE APPROPRIATED. 2023 IS GOING TO PULL DOWN. Y'ALL'S CASH BALANCES IS JUST GOING TO LOWER THE AMOUNT THAT YOU ARE GETTING INTEREST ON AS WELL. SO ACCOMMODATION ABOVE THAT STILL SEE IT GOING UP, BUT NOT JUST THE WHOLE AMOUNT WHOLE LOT. THE QUESTIONS ON SEPTEMBER OKAY? DECEMBER WILL MOVE TO THE INCOME STATEMENT. I THINK IT'S HERE WE GO. OKAY SO FOR THE MONTH OF DECEMBER, THIS IS OUR THIRD MONTH OF FISCAL YEAR 2023 TO 25% OF THE WAY THROUGH. WE HAD A SALES TAX REVENUE OF 1.7 MILLION TOTAL REVENUE OF 1.8 MILLION. AND AS YOU MENTIONED, YOU CAN SEE THAT WE HAVE BUDGETED 287,000 ALREADY AT, UM 195,000. SO THAT'S KIND OF THE RANGE THAT YOU'RE LOOKING AT. UM I DO SEE THAT SLOWING DOWN, SO IT'S GOING TO BE ENOUGH TO $50 250,000 DOLLARS RANGE THAN THE YEAR. UM IF WE'RE LOOKING AT EXPENSES GOING DOWN TO OPERATIONAL EXPENSES WE HAD 132,000 FOR THE MONTH OF DECEMBER. AND PROJECT EXPENSES. KIND OF LIKE A MENTION. WE HAD $2.1 MILLION PAID OUT FOR, UM, THE MONTH OF DECEMBER AND LIKE I SAID LOTS OF THOSE WERE 2022 PROJECTS THAT WERE JUST THE TIMING OF IT. WE'RE JUST NOW WE'RE ABLE TO PAY THOSE OUT. UM AND THE NON DEPARTMENTAL EXPENSES. WE HAD 237,000 WHICH THE MAJORITY OF THAT IS YOUR DEBT SERVICE TRANSFER. SO IN TOTAL, WE HAD 2.5 MILLION EXPENDITURES FOR THE MOTHER DECEMBER, WHICH RESULTED IN A DECREASE OF 650,000. YOU CAN SEE THE BOTTOM LEFT. KIND OF WHAT WE'RE PROJECTING YOUR ENDING FUND BALANCE TO BE WHICH IS DOWN TO 9.5 MILLION. A LOT OF THAT IS DUE TO THE RE APPROPRIATION OF EXPENSES FOR 2022. WHAT KIND OF SEE HOW THE YEAR GOES OUT. IF WE'RE ABLE TO PAY OUT ALL THOSE PROJECTS THAT WE'RE EXPECTING TO, BUT LIKELY SOME OF THOSE ORGANS SHIFTED.

DETROIT 24 DESTROY. THE TIMING WORKS IF WE WANT TO BE ON THE SALES TAX 21 MORE PAGE. YEP. SO DECEMBER CELLS THAT WE COLLECT IS APPLIES TO THE MONTH OF OCTOBER. SO WE SAW $483,000 INCREASE OVER LAST OCTOBER, WHICH WAS 7.5% INCREASING IS THE ALLEN HAVE A 5.9% INCREASE? FRISCO HAD THAT 20.3% INCREASE IN PLANO HAD THE 8.4% INCREASE. YEAR TO DATE FOR US. THAT BRINGS US TO 11.1% WHICH IS GREAT. I WILL NOTE IN THE NEXT MONTH OF COLLECTIONS. ABOUT ALL THIS ALL OUR SYSTEMS, EVEN US AND OUR SISTER CITIES ARE ALL UNDER THE 10% RANGE. WE'RE ALL TRENDING AROUND ALLEN'S LITTLE BIT LOWER, BUT WE'RE TURNING AROUND THAT 8% SO IT LOOKS LIKE THE INDUSTRY IS STARTING TO SET A STANDARD OF WHAT IT'S GONNA LOOK LIKE IN THE FUTURE. ANYTHING COULD HAPPEN, BUT AS WE GO IF YOU WANT TO GO INTO THE NEXT PAGE TWO AND KIND OF SHOW YOU, REVEREND SAYING, UM, YOU CAN SEE THE INDUSTRIES AND OBVIOUSLY, RETAIL TRADE IS THE BIGGEST INDUSTRY FOR OUR SALES TAX. AND THAT IS KIND OF LIKE 5% AGAIN THIS MONTH, WHICH YOU'RE LOOKING AT THE PREVIOUS MONTHS. IT'S BEEN RIGHT AROUND THAT RANGE. THAT'S A GOOD INDICATOR THAT MOVING FORWARD WE'RE GOING TO BE IN THAT 567% RANGE WITHOUT BEING OUR MAIN SOURCE OF SALES TAX. YOU CAN SEE THE OTHER INDUSTRIES WORTH NOTING CONSTRUCTION WENT DOWN, BUT LIKE IT'S THAT IS VERY VOLATILE AND A MONTH TO MONTH BASIS, DEPENDING ON THE ACTIVITY IN THE CITY. UM AND SOME OTHER THINGS WENT DOWN, BUT NOTHING WAS REALLY CONCERNING FOR ME. UM, LIKE I SAID, I'M LOOKING AT THIS. THEM RETAIL TRADES ONE MAIN CATEGORY. I KIND OF LOOK AT THE OTHER TOP TO SEE HOW THEY'RE TRENDING. BUT, UM IF I'M USING ANYTHING TO GO OUT THIS THIS IS RICK REAFFIRMING THAT I'M SEEING THIS THING IN THAT 5% RANGE MOVING FORWARD WITH OURSELVES AS 7% THIS MONTH. HOPEFULLY WE STAY IN THAT RANGE MOVING FORWARD. WE BUDGET AROUND 4.55% INCREASE STILL OVER WHAT WE BUDGETED, UM AND I'LL BE HAPPY TO STAY IN FOR AND I'LL MENTION THAT WE WITH US IN THE AUDIT PROCESS THAT KIND OF KICKS OFF THE BUDGET PROCESS. SO THE FINANCE COMMITTEE WILL START MEETING OUR BUDGET. OUR BUDGET KICK OFF HIS NEXT WEEK, AND THAT MEANS THAT WE'LL MEET WITH THE FINANCE COMMITTEE AND WE'LL BE GOING OVER THAT ON A PROBABLY EVERY WHAT? BI WEEKLY BASIS UNTIL WE PRESENT THE BUDGET TO YORK IN JUNE OR JULY, AND I'LL STAND FOR ANY QUESTIONS. THANK YOU ANY QUESTIONS? GREAT REPORT. THANK YOU. THANK YOU. I APPRECIATE IT. I'LL UNDERSTAND MOTION ON BOTH.

[00:45:06]

MOTION BY MR CAIN SECOND BY MR HOUSELY. CAST YOUR VOTES. YEAH. MOTION PASSES. RIGHT NEXT. WE HAVE PUBLIC COMMENTS REGARDING MATTERS, NOT ON THE AGENDA. IS THERE ANYBODY IN THE AUDIENCE

[BOARD COMMENTS]

IT'S A LABOR. IT'S A LABOR OF LOVE. I DON'T KNOW. YEAH ALRIGHT . ANYBODY ELSE? OKAY SO WE WILL

[EXECUTIVE SESSION]