[CALL TO ORDER]
[00:00:02]
30. GOOD MORNING. WELCOME TO THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION MEETING. IT IS TUESDAY, MARCH, 1920 24 WERE IN THE CITY COUNCIL CHAMBERS THAT 222 NORTH TENNESSEE STREET, TEXAS. AT THIS TIME WE CALL THEM MCKINNEY ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING TO ORDER PURSUANT TO A TAX GOVERNMENT CODE SECTION. 505 1002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT, ALTHOUGH NO ACTION WILL BE TAKEN. THIS MEETING IS BROADCAST LIVE ON CABLE TELEVISION THROUGH THE CITY'S WEBSITE. AND SPECTRUM CHANNEL 16 AT AND TU VERSE CHANNEL 99. AND UH AND SO AT THIS POINT, WE'LL GO TO PUBLIC COMMENTS. ON AGENDA ITEMS FOR NONPUBLIC HEARING ITEMS. IS THERE ANYBODY THAT WOULD LIKE TO ADDRESS THE BOARD AT THIS TIME?
[Update on 2024 McKinney Board & Commission Member Appointments]
WANT TO INFORMATION SHARING ITEM 24 134 0. UPDATE ON THE KINNEY BOARDS AND COMMISSION MEMBER APPOINTMENTS. WAS GOOD MORNING, CHAIRMAN. LOCK MILLER AND ME DC BOARD. I'M ME FOR STU CITY SECRET. I'D JUST LIKE TO PROVIDE A QUICK BUT IMPORTANT UPDATE AND REMINDER TO THE BOARD AS WELL AS AS WELL AS THE REST OF THE PUBLIC THAT THE PROGRAM FOR THE CITY'S BOARDS AND COMMISSIONS APPOINTMENTS HAS BEGUN ON AUGUST 27TH. THE CITY COUNCIL WILL ENDEAVOR TO APPOINT MEMBERS TO THE VARIOUS BOARDS AT THIS TIME, THE APPLICATION TO PARTICIPATE IN THAT PROGRAM AND BE CONSIDERED AS OPEN TO ALL CANDIDATES. THAT'S ANYONE. PUBLIC WHO IS INTERESTED IN SERVING ON ANY BOARD AS WELL AS ANY INCUMBENT MEMBERS WHOSE TERMS EXPIRE IN 2024. IF YOU'RE INTERESTED IN BEING CONSIDERED FOR FUTURE SERVICE, PLEASE REAPPLY. UM YOU HAVE THE APPLICATION THAT'S CURRENTLY ON FILE. WE WOULD LIKE FOR YOU TO REVIEW THE INFORMATION AND SURE EVERYTHING IS UPDATED AND CORRECT AS WE MOVE FORWARD, THERE WILL ALSO BE INTERVIEWS THAT WILL TAKE PLACE IN THE MONTHS OF JULY AND AUGUST OF CANDIDATES WILL BE CONTACTED TO CONFIRM THE APPOINTMENT IN TIME TO APPEAR BEFORE THE COUNCIL. UH, WE ENCOURAGE ALL PARTICIPANTS IN THIS PROGRAM TO BECOME ACQUAINTED WITH VARIOUS POLICIES AND REGULATIONS THAT APPLY TO YOUR SERVICE THAT INCLUDES FOR ME, DC OR BYLAWS, AS WELL AS THE OPEN MEETINGS, UH , REQUIREMENTS FOR PUBLIC INFORMATION AND PUBLIC MEETINGS. UM IN YOUR TEXT FILE. WITH THIS AGENDA ITEM. YOU DO HAVE A LISTING OF YOUR CURRENT ROSTER AS WELL AS YOUR EXPIRATION YEARS AND APPOINTMENT HISTORY AS IT APPLIES TO THE POLICY FOR SERVICE. THE ME DC BOARD MEMBERS ARE ALLOWED OR MAY BE APPOINTED THREE CONSECUTIVE FULL TERMS TO THIS BOARD. UM THAT'S ALL THE INFORMATION THAT I HAVE AT THIS TIME. I DO. THANK YOU ALL FOR YOUR SERVICE TO THE CITY, AND I'LL STAND FOR ANY QUESTIONS THAT YOU MAY HAVE. ANY QUESTIONS? THANK YOU VERY MUCH.WELL, THANK YOU. AND YOU GUYS HAVE A GREAT DAY. WE HAVE THE 2024 BOND PRESENTATION. MR CHAIR
[2024 Bond Presentation]
. MEMBERS OF THE BOARD. MR PRESIDENT. MY NAME IS TREVOR MAYNARD. I AM THE DIRECTOR OF STRATEGIC SERVICES. I WON'T BE QUITE AS QUICK AS MS DUANE, BUT HOPEFULLY WE WILL BE UP AND DOWN FAIRLY QUICKLY. ON DURING THE AUGUST WORK SESSION FOR THE BUDGET, THE CITY COUNCIL INSTRUCTED STAFF TO START PREPARING THE PROCESS TO SOLICIT FOR A BOND COMMITTEE. AND IN SEPTEMBER, THE CITY COUNCIL APPOINTED A 36 MEMBER BOND COMMITTEE, WHICH YOU SEE ON THE SCREEN HERE ACROSS FIVE DIFFERENT SUBCOMMITTEES AND OVER THE COURSE OF SEPTEMBER, OCTOBER , NOVEMBER AND DECEMBER OF 2023, THE BOND COMMITTEE MET ROUGHLY EIGHT TIMES, DEPENDING ON NOT THEY WERE ON THE EXECUTIVE COMMITTEE. EACH. ONE OF THOSE MEETINGS WAS ANYWHERE FROM 2 TO 3 HOURS WHERE THEY HEARD FROM CITY STAFF AND PROVIDED FEEDBACK ON PROJECTS THAT THEY WOULD LIKE TO SEE THROUGHOUT THE COMMUNITY. ON DECEMBER 19TH. THE BOND COMMITTEE RECOMMENDED TO THE CITY COUNCIL, A BOND PROPOSITION TOTALING $485.5 MILLION FOR THE MAY 4TH 2024 ELECTION. AND THEN ON FEBRUARY 6TH 2024. THIS CITY COUNCIL ADOPTED A RESOLUTION TO CALL THAT ELECTION. UM WITH NO CHANGES, SO $485.5 MILLION ACROSS FIVE SEPARATE PROPOSITIONS. I WILL GO OVER EACH ONE OF THOSE. PROPOSITION A IS $106 MILLION FOR PARKS AND RECREATION. THE LARGEST PIECE OF THAT PROPOSITION IS $60 MILLION IN CONSIDERATION FOR WHAT WE ARE CALLING A MULTIGENERATIONAL RECREATION FACILITY IN THE EASIEST WAY TO CONTEMPLATE THAT IS A COMBINATION OF APEX AND A SENIOR FACILITY TYPE LOCATION. IT WILL MOST LIKELY BE LOCATED NORTH OF 380 WEST OF US 75. IN THE NORTHWEST SECTOR. WE HAVE OLD SETTLERS ON THE EAST SIDE OF TOWN. WE HAVE TOWN LAKE.RECREATION CENTER ON THE SOUTH SIDE. APEX AS I MENTIONED IS THERE ON THE WEST SIDE OF TOWN
[00:05:04]
THAT NORTH AND WESTERN SECTOR OF 380 IS KIND OF A BLANK SPOT FOR US. THERE'S $25 MILLION ANTICIPATED TO DO ALL PHASES OF THE TOWN LAKE IMPROVEMENT. SO THIS IS A MASTER PLAN THAT MR KOWSKI WENT THROUGH DURING HIS TIME AS THE PARKS DIRECTOR TO COMPLETELY RENOVATE AND CHANGE THE WAY THAT TOWN LAKE LOOKS AND FEELS FOR RESIDENTS. IT'S ONE OF OUR MOST TRAFFICKED PARKS TODAY, 720 MILLION FOR GABE NESBITT BALL FIELDS THAT SAYS BALL FIELDS IS PRIMARILY SOFTBALL FIELDS. HOWEVER SOME AGE GROUPS OF BASEBALL TEE BALL AND THE LIKE WOULD BE ABLE TO USE THOSE FIELDS. IT INCLUDES IMPROVEMENTS TO BATHROOMS, CONCESSIONS, ANDRESS EGRESS, PARKING AND ANCILLARY FACILITIES AROUND THERE AS WELL. AND THEN FINALLY, PICKLE BALL IS EXTREMELY POPULAR , UM, AND HAS ONLY GOTTEN MORE POPULAR. SO THE COMMITTEE WAS INSISTENT THAT THERE BE SOME ADDITIONAL FUNDING PUT IN FOR PARKS FOR PICK A BALL. WE ARE HOPING TO BE ABLE TO PEPPER A FEW PICKLEBALL COURTS THROUGHOUT COMMUNITY PARKS AND NEIGHBORHOOD PARKS WITH THAT FUNDING THERE'S TWO STAND ALONE MUNICIPAL 736 MILLION TO RECONSTRUCT A NEW MUNICIPAL COURT FACILITY. THE CURRENT COURT FACILITY JUST SOUTH OF US WAS APPROVED BY THE VOTERS IN 1966 AND WAS BUILT IN 1967 LITTLE TIDBIT IS THE ONLY CITY OF MCKINNEY FACILITY THAT'S STILL BEING USED FOR ITS ORIGINAL PURPOSE. THERE IS A RANGE OF DEPARTMENTS AND DIVISIONS THAT ARE OPERATING OUT OF THAT COURT, AND THAT'S LISTED ON THE SCREEN IN FRONT OF YOU.UM IF YOU'RE DOING MATH, YOU MAY SEE 36,000 SQUARE FEET AND $36 MILLION IN I THINK $1000 A SQUARE FOOT. I WILL POINT OUT THERE'S $2 MILLION IN LAND ACQUISITION, OBVIOUSLY DESIGN ENGINEERING ETCETERA, BUT THERE IS ALSO A FAIRLY LARGE PARKING COMPONENT CONSIDERATION INCLUDED IN THAT $36 MILLION. THE CURRENT MUNICIPAL COURT FACILITY IS UNDER PARKED AND WE DO NOT WANT TO HAVE THAT ISSUE IN THE FUTURE. PROPOSITION C IS $30 MILLION FOR THE PUBLIC WORKS SOUTH CAMPUS. UH, THIS IS A RECONSTRUCTION AND RENOVATION AND EXPANSION PROGRAM. IT IS REALLY TO GET US TO A 3040 YEAR WINDOW FOR THAT CAMPUS FOR OUR SERVICE NEEDS ON THE SOUTH PART OF MCKINNEY. IT'S GOING TO BE IN CONCERT WITH OTHER FUNDING SOURCES THAT WE'VE IDENTIFIED AND WILL HELP SERVE ALL OF THOSE AREAS THAT YOU SEE ON THE SCREEN. IF YOU ARE UNFAMILIAR OF WHERE THIS IS LOCATED, IT'S RIGHT THERE ON SOUTH COLLEGE AS IT DEAD ENDS INTO EL DORADO.
FROM THE COLIN CENTRAL APPRAISAL DISTRICT BUILDING. THERE IS SOME OFFICE SPACE FOR PUBLIC WORKS THAT FRONTS COLLEGE AND THEN THERE'S FLEET AND MATERIALS YARDS IN THE BACK, SO THAT WHOLE AREA HAS BEEN MASTER PLANNED OVER THE COURSE OF THE LAST FEW YEARS, AND THIS IS REALLY HELPING US DRAW DOWN ON THE FIRST PARTS OF THAT MASTER PLAN. PROPOSITION D IS RANGE OF FUNDING FOR PUBLIC SAFETY $70 MILLION IN TOTAL, THE LARGEST OF WHICH IS A FUTURE FIRE STATION IN THAT SAME NORTHWEST SECTOR AREA. MOST LIKELY THERE ARE TWO OTHER FIRE STATIONS. A REC EXCUSE ME A RENOVATION OF FIRE STATION THREE AT EL DORADO IN ORCHID AND THEN A RECONSTRUCTION OF FIRE STATION EIGHT ADJACENT TO THE CRAIG RANCH AREA ON THE WEST SIDE OF TOWN. THERE'S ALSO $20 MILLION TO RENOVATE AND EXPAND THE CURRENT PUBLIC SAFETY BUILDING. SO WHEN THE APPROVAL WENT THROUGH IN THE LAST BOND FOR PUBLIC SAFETY DOLLARS, THE FIRE ADMINISTRATION BUILDING RIGHT OFF TAYLOR BURKE STARTED CONSTRUCTION. I WOULD LIKE TO SAY IT ACROSS THE CREEK TO THE EAST OF THE PUBLIC SAFETY BUILDING ONCE FIRE HAS COMPLETED THAT BUILDING AND THEY ARE OUT OF THE SAFETY BUILDING. POLICE WILL SOLELY OCCUPY THE CURRENT FACILITY THAT WAS BUILT IN 2006 THAT WILL BE RENOVATED. HANDED TO MEET THEIR NEEDS FOR THE FUTURE. TWO OTHER ITEMS SMALLER, UH, $5 MILLION FOR LAND ACQUISITION AS WE CONTINUE TO GROW. WE WANT TO MAINTAIN THE RESPONSE TIMES OF RESIDENTS HAVE GROWN TO EXPECT AS WELL AS DIFFERENT LEVELS OF INSURANCE RATINGS IN OUR FIRE SERVICE. THOSE LAND ACQUISITION HELP US STRATEGICALLY PURCHASE UP LAND 75 MILLION FOR WHAT'S CALLED A DRIVER TRAINING PAD.
UH, THIS IS A VERY THICK, LARGE PIECE OF CONCRETE THAT ALLOWS US TO SEND OUR PUBLIC SAFETY OFFICIALS TO TRAIN ON THE HEAVIER APPARATUS, FIRE TRUCKS, SWAT TYPE VEHICLES. THEY GO THERE, THEY LEARN TO DRIVE THE VEHICLES. THEY TRAIN ON THOSE VEHICLES THEN IN TODAY'S ENVIRONMENT, SOMETIMES THEY ARE DOING THAT ACROSS THE COUNTY. SOMETIMES THEY'RE DOING THAT ACROSS THE METROPLEX, TAKING THE VEHICLE ON THE ROAD ALL THE WAY TO FORT WORTH, AT TIMES COMING BACK. MOST CITIES OF OUR SIZE HAVE ONE OF THESE IN THEIR BACKYARD. WE'RE PLANNING THAT IT WOULD BE LOCATED NORTH OF THE JOINT TRAINING FAC. THE COLIN COLLEGE CITY OF ALLEN AND CITY
[00:10:03]
OF MCKINNEY, RIGHT OFF OF RED BUD NORTH OF 380. THE LARGEST ITEM OF THE FIVE IS PROPOSITION E FOR STREET IMPROVEMENTS. $243.5 MILLION. IT'S A COMBINATION OF THE STANDARD STREET EXPANSIONS THAT ARE GENERALLY SEEN ON BOND PROPOSITIONS. WE HAD THESE IN 2019. WE HAVE ALWAYS INCLUDED SOME RECONSTRUCTION MONEY, BUT I'LL GET INTO THAT IN ONE SECOND , UH, THE EXPANSIONS THE EASIEST WAY TO THINK ABOUT THAT IS IN THE LAST BOND PROGRAM. WE ALL T.I SAID A LOT AND A LITTLE AMOUNT OF TIME. UM THERE'S ROUGHLY 16 OR SO PRESENTATIONS ABOUT EACH ONE OF THOSE PROPOSITIONS THAT YOU CAN READ AT YOUR LEISURE AT THE WEBSITE IN FRONT OF YOU, MCKINNEY TEXAS.ORG/2024 BOND EARLY VOTING FOR THIS ELECTION AGAIN. THERE'S A LOT OF ELECTIONS GOING ON RIGHT NOW, SO THIS WILL NOT BE THE SAME DAY AS THE RUNOFF ELECTION FOR THE PRIMARIES. IT'S GOING TO BE MAY 4 EARLY VOTING IS A DIFFERENT DAY. UH, DIFFERENT RANGE OF DAYS, APRIL 22ND THROUGH APRIL. 30TH SO MAKE SURE YOU HAVE THOSE DATES ON YOUR CALENDAR. I WOULD BE HAPPY TO STAND FOR ANY QUESTIONS. ANY QUESTIONS? GOOD PRESENTATION. I AM GOING TO LEAVE SOME HANDOUTS WITH MS SMITHY. OK? IS OUR CONSENT ITEMS IS CONSISTENT. NON-CONTROVERSIAL
[CONSENT ITEMS]
HOUSEKEEPING ITEMS REQUIRED BY LAW THAT MAY BE TAKEN UP. SAY INDIVIDUALLY, BUT THERE IS ONLY ONE 24 1342. AND IT'S A JOINT MEETING IN CANADIAN ECONOMIC DEVELOPMENT CORPORATION IN MCKINNEY COMMUNITY DEVELOPMENT CORPORATION, FEBRUARY 2020 24 ANY QUESTIONS OR COMMENTS IF NOT TAKE A MOTION. MOVE TO APPROVE. THE BUTTON. THAT YOU IT. I'LL SECOND MOTION BY MR. HES THE SECOND BY MR KANE CAST YOUR VOTES. WHICH WOULD NEED OK, II. I CAN'T VOTE. NO, I CAN'T VOTE ON I'M ABSTAINING. NO I CAN'T. I'M A Y. YOU CAN'T OR YOU DON'T WANT TO. THEY FIX MY IPAD.SWITCHED THEM SWITCHED THEM OUT, MATT. NICE JOB, HAMILTON. WELL. WORKING NOW IT'S. THINGS I WANT TO SAY. HOW ARE YOU TODAY, SIR? THAT A MICROPHONE DON'T DO. AWESOME. MOTION PASSES. REPORTS
[Board and Liaison Updates City of McKinney Chamber of Commerce Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman]
BOARDS AND LIAISON UPDATES. CITY MCKINNEY, MR GRAMES. GOOD MORNING, MR CHAIR, MR PRESIDENT.MEMBERS OF THE BOARD. MY NAME IS PAUL GRIMES CITY MANAGER. JUST A COUPLE SHORT UPDATES FOR YOU. UM WE ARE WELL UNDER WAY WITH THE BUDGET PROCESS. AS YOU ALL KNOW, YOU JUST RECENTLY HAD YOUR OWN STRATEGIC PLANNING OR STRATEGIC GOAL SETTING WORKSHOP. THEY BELIEVE YOU WERE FACILITATED BY THE SAME PERSON WHO DID OUR CITY COUNCILS IN FEBRUARY, AND, UH, OUR COUNCIL THAT'S THAT REALLY KIND OF KICKS OFF THE BUDGET PROCESS PER SE BECAUSE WE TO GET THE COUNCIL'S PRIORITIES IN PLACE AND GET OUR KEY PERFORMANCE INDICATORS IN PLACE. UH, SO THEN WE GO FORWARD WITH MAKING A BUDGET BECAUSE WE WANT TO MAKE SURE THAT THE BUDGET IS ALIGNED WITH WHAT THE COUNCIL'S PRIORITIES ARE. THE COUNCIL IDENTIFIED THREE POINTS OF EMPHASIS OVER THE NEXT YEAR, OR TWO. DIVERSIFIED HOUSING OPTIONS CONTINUE TO PURSUE DIVERSIFIED HOUSING HERE IN MCKINNEY, ALSO ECONOMIC DEVELOPMENT, PARTICULARLY AROUND RETAIL AND ENTERTAINMENT DEVELOPMENTS, AND THEN CONTINUED INVESTMENT AND PRIORITIZATION OF MCKINNEY NATIONAL AIRPORT. SO THOSE THINGS AMONG ALL THE OTHER STRATEGIC PRIORITIES THAT THE CITY COUNCIL HAS SET WILL BE A POINT OF EMPHASIS FOR US, AND WE WILL KEEP MOVING IN THAT DIRECTION. THE BUDGET WE WILL COME BACK TO THE CITY COUNCIL WITH SOME MORE DETAIL. BASICALLY THE FULL STRATEGIC PLAN FOR REVIEW AND ADOPTION. USUALLY AROUND EARLY MAY IS WHEN THAT IS DONE, AND THEN WE, UH KEEP PROGRESSING WITH THE BUDGET. THE BUDGET IS PRESENTED TO THE CITY COUNCIL IN EARLY AUGUST. THE, UM ALSO THIS WEEK. WE HAVE AN ANNUAL MEETING WITH EMPLOYEES. WE CALL IT ALL HANDS. YOU CAN TELL. I'M A FORMER NAVY GUY BECAUSE WE CALL HER AN ALL HANDS MEETING. WE DO MORNING, TWO SESSIONS MORNING AND AFTERNOON. WE'RE ADDING A THIRD SESSION. UM IT'S NOT AN EMPLOYEE MEETING, BUT IT'S UH, WE HAVE A GUEST SPEAKER THAT'S COMING TO SPEAK TO THE EMPLOYEES. AND ALL OF YOU HAVE BEEN INVITED TO SEE IF YOU WISH, UH THIS THURSDAY AFTERNOON AT 3:30, P.M. AND IMPACT A GENTLEMAN AND AUTHOR BY THE NAME OF PETER KAGAYAMA. PETER KAGAYAMA IS WELL KNOWN IN THE WORLD OF URBAN DEVELOPMENT. IF YOU WILL, AND THE CITY ADMINISTRATION, COMMUNITY AND
[00:15:06]
PLACE MAKING. HE HAS WRITTEN A BOOK CALLED FOR THE LOVE OF CITIES, AND THAT IS A POINT OF EMPHASIS FOR US INTERNALLY OUR ORGANIZATION AND STAFF. UH AND THAT IS, UH, I THINK YOU'LL FIND IT A VERY INTERESTING PRESENTATION. IT'S BASICALLY OUTLYING OR IDENTIFYING WHO ARE THE CO CREATORS IN YOUR COMMUNITIES? AND HOW DO YOU CELEBRATE THEM? AND HOW DO YOU PUT HOW DO YOU GET MORE CO-CREATOR IN A COMMUNITY? WHAT ARE CO-CREATOR? WELL YOU HAVE TO FIND OUT COME TO THE PRESENTATION THURSDAY, BUT I THINK YOU HAVE ONE OF THEM SITTING RIGHT? HERE ON THE DAIS WHO DID A VIDEO FOR US. YOU COULD ASK HIM, BUT IT'S REALLY THOSE FOLKS WHO ARE MAKING CONTRIBUTIONS TO THE COMMUNITY FROM EITHER CREATIVE STANDPOINT, INVESTMENT STANDPOINT, BOTH HOPEFULLY. BUT YOU'RE CREATING SOMETHING REALLY UNIQUE THAT CAUSES PEOPLE TO FALL IN LOVE WITH THEIR COMMUNITIES, AND, UH AND WE'RE NOT ASHAMED OR NOT SHY TO SAY THE FALLING IN LOVE WITH THE COMMUNITY IS ACTUALLY A GOOD THING. THAT IS REALLY WHAT THE BOOK IS ALL ABOUT, AND WE ENCOURAGE YOU TO GO THURSDAY. 3:30 P.M, AND THAT'S ALL I HAVE.I WILL STAND FOR ANY QUESTIONS. GREAT. THANK YOU. ANY QUESTIONS? OK? LISA CHAMBER OF COMMERCE.
GOOD MORNING, BOARD CHAIRMAN AND PRESIDENT AS WELL. I GUESS I FELL IN LOVE WITH MCKINNEY IN 2006 AND LOVED IT SO MUCH. I LEFT AND CAME BACK. SO I DO BELIEVE PEOPLE CAN FALL IN LOVE WITH THEIR COMMUNITY. UM A COUPLE OF UPDATES FROM THE MCKINNEY CHAMBER OF COMMERCE WERE VERY EXCITED ABOUT MARCH 26 WITH PLUG AND PLAY COMING TO MCKINNEY AND GLAD TO BE A PART OF THAT WE'LL BE HAVING A TABLE THERE AND APPRECIATE, UM, THE COLLABORATION WITH E, DC AND WORKING TOGETHER ON A VERY COOL PROJECT THAT IS TAKEN OUR INNOVATION FUND AND THOSE TYPE OF COMPANIES IN THAT INDUSTRY TO A NEW LEVEL. UM EMBARKS. 26 IS GOING TO BE A BUSY DAY BECAUSE WE WILL BE THERE IN THE MORNING WITH YOU GUYS. BUT THEN IN THE IN THE EVENING, WE HAVE OUR LEADERSHIP MCKINNEY OPEN HOUSE. UH, SO AT OUR AT OUR CHAMBER OFFICE FROM 4 TO 6 WE NOW HAVE OVER 100 PEOPLE WHO HAVE REGISTERED SO VERY EXCITED ABOUT THAT. UM IF YOU DO KNOW OF SOME GREAT QUALITY CANDIDATES WHO YOU THINK WOULD BE GOOD FOR THE PROGRAM. IT IS A GREAT OPPORTUNITY TO MEET AND LEARN A LITTLE BIT MORE ABOUT THE PROGRAM. THAT THE PROCESS THE APPLICATION PROCESS APPLICATIONS WILL GO LIVE THAT DAY. WE'LL HAVE QR CODES. YOU CAN SCAN THAT AND START FILLING OUT THAT APPLICATION. SO UM, MAKE SURE THAT YOU INVITE PEOPLE TO ATTEND WHO YOU THINK WOULD BE A GOOD CANDIDATE. WE'RE ALWAYS LOOKING FOR, YOU KNOW, A GOOD, ROBUST GROUP OF APPLICANTS TO GO THROUGH THE PROCESS. UM THAT ALSO MEANS THAT IF YOU CANNOT MAKE IT THAT DAY, THAT'S OK BECAUSE APPLICATIONS WILL BE OPEN AND COMMUNICATING THAT AND WILL BE OPEN FOR ABOUT A MONTH. UM, ALSO THAT WEEK AS OUR NEXT CEO SERIES IS GOING TO BE MARCH 28 AT EMERSON, WE GET TO INTERVIEW AND GET TO LEARN MORE ABOUT JUDSON DUNCAN, WHO IS THE PRESIDENT AT EMERSON IN MCKINNEY , HE SERVES CURRENTLY SERVES ON OUR BOARD. I WOULD LOVE TO GET TO KNOW HIM A LITTLE BIT BETTER AND HIS STORY THEY ALWAYS OUR CEO SERIES ARE ALWAYS REALLY A GREAT OPPORTUNITY TO LEARN FROM PEOPLE WHO HAVE HAD INTERESTING JOURNEYS TO GET WHERE THEY ARE TODAY, AND WE ALWAYS TEND TO LEARN SOMETHING FROM THAT, UM, DIDN'T WANT TO PUT ON YOUR AGENDA THAT APRIL. 11TH IS OUR NEXT QUARTERLY LUNCHEON. THE TOPIC IS THE FUTURE OF ENERGY IN TEXAS. SO WE'RE ASSEMBLING A PANEL OF EXPERTS. I THOUGHT THIS HAS BEEN A IT HAS BEEN A HOT TOPIC FOR A LOT OF OUR COMPANY IS PARTICULARLY OUR MANUFACTURING PEOPLE WHO RELY ON ENERGY AND BUT I THINK IT REALLY HIT HOME WHEN AT OUR LAST BUSINESS DEVELOPMENT UPDATE. WE HAD MIKE KOWSKI AS WELL AS ERIN WITH VISIT MCKINNEY, ANDREW FROM DOWNTOWN MCKINNEY AND SIDNEY SCHNEIBEL WITH MCKINNEY DC TALKING ABOUT ECONOMIC DEVELOPMENT QUALITY OF LIFE. IN THAT PRESENTATION, MIKE KOWSKI GAVE US WHAT A RECENT LISTING FROM SITE SELECTORS AS SOME OF THE TOP ISSUES OR COMPONENTS OF A COMMUNITY THAT SITES SELECTORS LOOK AT WHEN RELOCATING AND NUMBER FOUR ON THE LIST WAS ENERGY, SO IT IS REALLY SHOULD BE TOP OF MIND LOVE TO SEE ALL OF YOU THERE BECAUSE IT'S VERY IMPORTANT THAT WE MAKE SURE WE HAVE THAT RELIABLE ELECTRIC GRID BUT ALSO PLAN AS MORE PEOPLE ARE COMING TO TEXAS. WE LOVE THAT. BUT IT DOES PUT SOME STRAINS ON OUR INFRASTRUCTURE, AND THAT'S ONE OF THEM. SO COME GET THE SCOOP WILL BE ANNOUNCING WHO OUR PANELISTS ARE VERY WE ARE GETTING THOSE PEOPLE LINED UP. UM AND THEN LAST, BUT NOT LEAST, TREVOR GAVE A GREAT PRESENTATION ON THE CITY'S BOND ELECTION, SO THE CHAMBER IS WORKING WITH A
[00:20:06]
GRASSROOTS GROUP TO ADVOCATE FOR THE SUCCESSFUL PASSAGE OF THIS BOND ELECTION. ANYONE WHO WANTS TO BE INVOLVED IN THAT PLEASE LET ME KNOW WE ALWAYS NEED VOLUNTEERS. PEOPLE TO BE ADVOCATES IN THE COMMUNITY. THE CHAIRMAN AS A CITIZEN OF MCKINNEY AND FORMER MAYOR IS GOING TO BE OUR TREASURER OF THE PACK THAT WE'RE PUTTING TOGETHER IN A GREAT ADVOCATE. SO, LIKE I SAID, ANYONE WHO WANTS TO HELP US SPREAD THE WORD ON WHY THIS IS IMPORTANT FOR THE SUCCESS OF OUR COMMUNITY. WE WOULD LOVE TO HAVE YOU BE A PART OF THAT GROUP . SO WITH THAT I WILL STAND FOR ANY QUESTIONS. QUESTIONS. THANK YOU. WELL, THANK YOU SO MUCH. COMMUNITY DEVELOPMENT CORPORATION. GOOD MORNING, MR CHAIRMAN, BOARD MEMBERS AND MR PRESIDENT, CINDY SCHNEIBEL M CDC. UM I WANTED TO SHARE A COUPLE OF UPDATES FROM THE BOARD. THERE HAVE BEEN SOME CHANGES ON THE M CDC BOARD MEMBERSHIP. CATHERINE MCGILL RESIGNED. SHE WAS FINISHING UP HER FINAL TWOYEAR TERM ON THE BOARD, AND CHRIS WILKES, WHO HAD BEEN OUR ALTERNATE, HAS BEEN APPOINTED TO FILL THAT POSITION. AND A GENTLEMAN MARCUS LLOYD HAS BEEN APPOINTED AS OUR NEW ALTERNATE, AND I'VE NOT MET WITH HIM YET. BUT MARCUS IS, UH, FOUNDER AND EXECUTIVE DIRECTOR OF AN ORGANIZATION CALLED THREATEN AND HAS BEEN ACTIVE IN COMMUNITY DEVELOPMENT. SO LOOKING FORWARD TO GETTING TO KNOW HIM AND GETTING HIM, UM, INVOLVED IN THE BOARD. UH, LAST MONTH. AT THE BOARD MEETING, THE BOARD APPROVED A PROJECT GRANT FOR MAIN GATE. IT IS FOR THE CONSTRUCTION OF A COMMUNITY EVENT PLAZA AND TRAIL AT THEIR SITE, SO THAT WAS THAT WAS APPROVED BY THE BOARD. THIS MONTH, THE BOARD WILL BE TAKING ACTION ON A RETAIL INFRASTRUCTURE GRANTS. UM GRANT APPLICATIONS THAT HAVE BEEN FILED. MANY OF THEM WERE AT THE TOPS OPENING GRAND OPENING IN A COUPLE OF WEEKS AGO, AND THAT TEAM REPORTED WE WERE IN AN UPDATE, UH, MEETING YESTERDAY REPORTED TO US THAT THAT WEEKEND WAS FIVE TIMES BIGGER THAN ANY WEEKEND AT THEIR CURRENT LOCATION, SO VERY EXCITED ABOUT THAT AND HOPE THAT THAT WILL BECOME A TREND THAT WILL CONTINUE. THERE ARE A NUMBER OF EVENTS THAT ARE COMING UP, UM, THAT HAVE RECEIVED CDC PROMOTIONAL GRANTS, AND I JUST WANTED TO CALL OUT THREE OF THEM. ONE IS THIS WEEKEND. IT'S A BRAND NEW EVENT ASIAN FESTIVAL, WHICH WILL BE HELD AT MITCHELL PARK. UM AND THEN NOT SOON AFTER ARTS AND BLOOM MID APRIL AND EMPTY BOWLS AT THE END OF APRIL, SO I HOPE THAT YOU WILL MARK ALL OF THOSE ON YOUR CALENDAR. AND WITH THAT, I'M HAPPY TO STAND FOR ANY QUESTIONS. QUESTIONS. NEXT. WE HAVE VISIT MCKINNEY, ERIN. GOOD MORNING, MR CHAIRMAN, MR PRESIDENT, MEMBERS OF THE BOARD. AARON WARNER, EXECUTIVE DIRECTOR AT VISIT MCKINNEY EXCITED TO BE HERE WITH YOU THIS MORNING. AT FIRST, I WOULD BE REMISS IF I DIDN'T SAY, UH, CONGRATULATIONS ON NOTES LIVE OBVIOUSLY, FROM A TOURISM STANDPOINT, UH, WE'RE CHOMPING AT THE BITS AND EXCITED FOR 2026 AND WHAT THAT'S GOING TO MEAN FOR OUR COMMUNITY. UH, IT WAS ALSO NEAT TO SEE IN THAT SAME TIME FRAME T OPEN FULLY TO THE TO THE PUBLIC, WHICH IS A HUGE UH UH, AD TODAY FOR OUR VISITOR ECONOMY AS WELL AS ONE THAT MIGHT HAVE WENT A LITTLE BIT MISSED, BUT CRAIG RANCH SOCCER. ACTUALLY. LAST WEEKEND, THEY HOSTED THEIR FIRST SOCCER GAMES ON THE TUR. BUILDS WITH MCKINNEY SOCCER ASSOCIATION AND, UM, JUST TO KNOW THAT WE HAVE, UM ALL OF THOSE ASSETS AND OPEN AND RUNNING. AND WHAT THAT MEANS FOR THE FUTURE OF MCKINNEY IS PRETTY PRETTY GREAT. UM, SO CONGRATS AND KUDOS TO EVERYONE INVOLVED. THE SECOND ONE I WANNA TALK ABOUT IS OUR, UM, VISITORS GUIDE. SO I THINK I'VE MENTIONED THIS BEFORE, BUT WE FINALLY HAVE THEM HOT OFF THE PRESS. SO I BROUGHT SOME FOR YOU. I'LL LEAVE THEM AT THE FRONT WHEN I WHEN I STEP AWAY, UM, BUT THE THIS WAS A BIG PROCESS, A BIG PROJECT FOR OUR TEAM TO UNDERTAKE. WE WORK WITH TEXAS MONTHLY TO PUT IT TOGETHER. AND UM, AS FAR AS WE'RE AWARE WITH VINCENT MCKINNEY, THIS IS THE FIRST TIME WE'VE HAD A CITYWIDE, UM, VISITORS GUIDE, UM, THAT TALKS ABOUT ALL THE DIFFERENT THINGS YOU CAN DO THROUGHOUT THE COMMUNITY. I DO HAVE TO POINT OUT MY FAVORITE AD IN THE MR HAMILTON THAT WHOEVER PUT THIS TOGETHER FOR YOU SAYS, VISIT THE LOCALS WHERE THEY HANG OUT. AND SO I THINK THAT WAS REALLY CLEVER. AND KUDOS ON THAT. UM, BUT I'LL LEAVE THIS FOR YOU AND ENCOURAGE YOU TO CHECK IT OUT. THERE'S A DIGITAL VERSION ON OUR WEBSITE THAT CAN BE ATTACHED TO EMAILS OR IF YOU'RE TALKING WITH VISITORS COMING TO THE COMMUNITY, UH, IT'S A IT'S A NICE ISSUE VERSION WHERE YOU CAN FLIP THROUGH LIKE A MAGAZINE. SO[00:25:03]
I ENCOURAGE YOU TO USE THAT AS A RESOURCE. WE PLAN TO REPRINT EVERY TWO YEARS, WHICH LINES UP PERFECT WITH 2026 AND, UH THE, UH, NO. OF PROJECTS. WE WILL BE READY FOR THAT, UM, THE LAST THING I HAVE, UH, WELL, UH, ONE SECOND TO LAST THING IS, UM, SOLAR ECLIPSE. I'VE MENTIONED IT. APRIL 8TH. I'M BRING. I'M I'M BEARING A GIFT TODAY. UM SO AT OUR STORE, WE'VE GOT THE OFFICIAL MCKINNEY SOLAR ECLIPSE T SHIRT AND WE'VE GOT THE BRANDED SOLAR ECLIPSE GLASSES AND THESE ARE FOR SALE, ALONG WITH SOME POSTERS AND STUFF. UH, WE ARE ABOUT TO ECLIPSE $10,000 IN SALES AT OUR STORE FOR THE MONTH. BECAUSE UH, WHICH IS PRETTY PHENOMENAL. WE'VE HAD, UH, WE'VE HAD SOME INCREDIBLE DAYS. IT'S MOSTLY BASED AROUND SOLAR ECLIPSE RIGHT NOW, AND SO, UM, WE'RE WE'RE DRAWING A LOT OF PEOPLE INTO THE VISITOR CENTER. UM, BUT I ENCOURAGE YOU TO SWING BY GLASSES OR A DOLLAR. THAT'S CHEAPER THAN IT IS ON AMAZON. UM LAST THING IS, IF YOU HAVEN'T NOTICED OFF 121 THE, UH, AC MARRIOTT RIGHT IN FRONT OF INDEPENDENT FINANCIAL CONSTRUCTION FENCING HAS GONE UP . UH, WHERE THAT WHERE THAT PROJECT WILL GO, AND THEY'VE ALSO PLACED A MARKETING SIGN OUT, SO I'VE STARTED GETTING SOME FROM PEOPLE IN THE COMMUNITY ABOUT THAT HOTEL COMING TO THE, UH TO OUR CITY. UH, THAT'S A PHENOMENAL AD. IT'S GOING TO BE A REALLY NICE PROPERTY AND WE'LL WE'LL KIND OF PLAY. UM A SECOND HOST WITH OUR SHERATON MOVING FORWARD. THAT'S ALL I HAVE FOR YOU TODAY. THANK YOU. IT'S SO, ERIN. I HOPE I HOPE YOU HAVE STOCKED UP ON THAT ECLIPSE STUFF. WHEN I WAS IN THE STORE THE OTHER DAY, THREE PEOPLE CAME IN, AND IT WAS LIKE THE WAY THEY DIDN'T HAVE A SHIRT IN HIS SIZE. I THOUGHT HE WAS GOING TO HAVE A BREAKDOWN. I MEAN, IT WAS. WE'VE HAD TO REORDER SHIRTS THREE TIMES ALREADY. AND UH, EVERY TIME WE MISS SOMEONE WITH A SIZE WE TAKE A NAME AND WE CALL THEM AND THEY COME BACK IN THE NEXT DAY AND GRAB IT RIGHT WHEN IT'S IN. SO WE'RE WE'RE WE'RE KEEPING THEM KEEPING THEM GOING. I'M GONNA PASS THESE OUT OF HERE. TO COME ONE ALL RIGHT. THANK YOU. OK SO NEXT IS ME DC COMMITTEE UPDATES, UH, MARKETING WE MET, NO UPDATES REAL ESTATE. WE MET LAST WEEK HAD A GOOD MEETING. YOU'LL HEAR MORE ABOUT THAT IN OUR FROM OUR PRESIDENT AND EXECUTIVE SESSION FINANCE, WE MIGHT AS WELL KNOW IT NEEDED INNOVATION. WE MET. NO UPDATE REQUIRED. AND GOVERNANCE.I KNOW WE MET. SINCE THE LAST MEETING. AND I THINK WE TALKED ABOUT IT. WE SLEPT. WE SLEPT SINCE THEN. RIGHT? YEAH. YEAH, NOT NOT A LOT OF UPDATES. WE'RE WORKING ON. UH OBVIOUSLY, UH, REVIEW STRUCTURES REVIEW STRUCTURE BECAUSE OF OUR NEW PRESENT COMING ON BOARD TO MAKE SOME CHANGES TO THAT THAT I THINK YOU ALL LIKE AS FAR AS HOW LINES WITH THE GOALS OF THIS CITY AND THE GOALS OF THIS BOARD. SO THAT'S IT. SO UH, MY COMMENTS, THOUGH THERE'S BEEN A LOT OF ACTIVITY, UH, OVER THE SINCE THE LAST MONTH. UM JUST RECENTLY, ACTUALLY, JUST EARLIER THIS WEEK. UH UH, ACTUALLY LAST WEEK I DID AN INTERVIEW WITH A BIZ REPRESENTATIVE OUT OF WASHINGTON DC. TALKED QUITE A BIT ABOUT THEY WANTED TO KNOW QUITE A BIT ABOUT. UH UH, THE INNOVATION FUND AND PLUG AND PLAY AND THINGS OF THAT NATURE BUT ALSO TALKED ABOUT OTHER DEVELOPMENTS HAPPENING. HERE IN MCKINNEY, NOT JUST FROM AN ECONOMIC DEVELOPMENT STANDPOINT, BUT ALSO JUST COMMUNITY WIDE, TALKED A LITTLE BIT ABOUT THE NOTES LIVE AND I WANTED TO GIVE A SHOUT OUT TO AARON, BECAUSE, UH, YOU KNOW, I WAS AT THE CHAMBER QUARTERLY LUNCHEON. UM MIKE AND CINDY AND AARON AND OUR MAIN STREET. UH, CHRIS AT ALL WERE SPEAKERS OF THAT, UH, YOU ALL DID A GREAT JOB. BUT WHAT REALLY STOOD OUT WITH FOR ME WAS THAT SLIDE YOU HAD WITH THE CIRCULAR. IMPACT OF WHAT HAPPENS IN MCKINNEY AND I MENTIONED THAT IN THE INTERVIEW WITH BIZ NOW AND I PROBABLY SCREWED IT UP A LITTLE BIT. REMEMBER HOW IT WORKED, BUT I DID GET THE CIRCLE TO COMPLETELY AROUND. BUT ANYWAY , UH UH, NO I. I JUST I WAS REALLY UH UH UH IMPACTFUL SLIDE TO ME HAVING LIVED HERE SINCE 1989. BUT ANYWAY, UH SO THANK YOU FOR THAT, UH, WE ALSO AS YOU MENTIONED THE TUFTS OPENING, UM, I. I DID GO TO THAT AND WAS SURPRISED TO SEE HOW MANY PEOPLE LIKE TO DRINK BEER AT 930 IN THE MORNING. UH BUT BUT IT WAS PACKED AND, UH, GOT TO TALK TO QUITE A FEW PEOPLE THAT WERE ACTUALLY COMING UP FROM DALLAS AND OTHER AREAS AND NOT JUST MCKINNEY RESIDENTS, SO THAT WAS GREAT. AND, UH, SO THAT'S KIND OF EVERYTHING THAT'S BEEN GOING ON THAT I'VE SEEN. SO, UH JUST KEEP ROCKING ALONG AND THINGS ARE GREAT IN THE CITY OF MCKINNEY. SO NEXT. WE HAVE, UH, A REGULAR AGENDA. I NO, WE DON'T NEXT. WE HAVE, UM MC MONTHLY
[Consider/Discuss MEDC Monthly Reports]
REPORTS. SO MR KOWSKI THANK YOU, MR CHAIRMAN. UH, SO SENIOR VICE PRESIDENT, MR MICHAEL TALLEY[00:30:06]
WILL GIVE AN UPDATE TO THE BOARD. MORNING BOARD. MR CHAIRMAN, MR PRESIDENT. PUT THE ACTIVE REPORTS UP, KPI REPORTS. RIGHT ACTIVE PROJECT PIPELINE 27 . I WANT TO MAKE A COUPLE OF NOTES A COUPLE OF CHANGES THAT LUKE AND I HAVE MADE JUST RECENTLY. OF COURSE IN THE BORE WE TALKED ABOUT, UM A LITTLE MORE TRANSPARENT WITH THE BOARD AS FAR AS INFORMATION EVENTS AND DIFFERENT THINGS THAT WE TAKE PART IN. SO THE COMMUNITY PRESENTATIONS. WE'RE GOING TO START ADDING INDUSTRY AND COMMUNITY SO COMMUNITY MEANING MORE EDUCATION FOR THE COMMUNITY AS TO WHAT WE DO, BUT INDUSTRY AS TO BROKERS, ARCHITECTS, ENGINEERS. BECAUSE WE DO ABOUT PROBABLY FIVE TIMES WHAT WE DO IN THE COMMUNITY SIDE WHEN IT GOES TO OUTWARD, UH, PRESENTATIONS SPEAKING ENGAGEMENTS THAT MR KOWSKI MYSELF AND STAFF TAKE ON TRADE SHOWS EMISSIONS. WHAT? HOW DID UH, INDIA HAD IT ON THERE AND THEN CLOSED INNOVATION FUND PROJECTS WILL ACTUALLY ADD TO ONE AS OF BEING IN A FEBRUARY OR BEGINNING OF, UH, CLOSED IN MARCH, OFFICIALLY ON AGREEMENT TO GET THAT SIGNED AND WE'LL HAVE ANOTHER ONE IN THE PIPELINE. AND I JUST WANT TO MAKE A NOTE REAL QUICK AGAIN. THE PLUG AND PLAY LAUNCH ON THE 26TH. IT IS A FREE REGISTRATION IF YOU DO KNOW ANYONE THAT WOULD LIKE TO ATTEND. UH PLEASE HAVE THEM REACH OUT TO US OR CHECK SOCIAL MEDIA OR THE WEBSITE. WE DO HAVE THAT LINK THERE. SO WITH THAT I'LL STAND FOR ANY QUESTIONS. I WANT TO SAY THAT SPORTS CODE IS OFF THE CHARTS THE NEW SPRING LY COLLECTION SO LIMITED. THIS WAS THE ONLY ONE BY THE WAY. IT'S BETA TESTING RIGHT NOW. OR BETA. TESTING IT. I LIKE IT. THANK YOU APPRECIATE IT. KP METRICS IS THAT MR. LUC ARI, OUR MARKETING AND SOCIAL MEDIA MANAGER WILL SPEAK TO THAT. GOOD MORNING, MR PRESIDENT . MR CHAIRMAN, MEMBERS OF THE BOARD LUKE KARRI, SOCIAL MEDIA AND MARKETING MANAGER FOR THE ME DC. I DO NOT KNOW IF I CAN FOLLOW THAT JACKET. BUT I'LL DO MY BEST. UM I WANNA GIVE YOU A QUICK OVERVIEW AGAIN MORE DEEP DIVE INTO METRICS AND NUMBERS ARE IN YOUR BOARD REPORTS ATTACHED INTO THE MARKETING REPORT. I WANT TO PROVIDE A QUICK FLYOVER ONTO A FEW ITEMS HERE. I WILL BE BRIEF. THIS IS A LINKEDIN POST UP HERE ON THE SLIDE FROM THE BLACK HISTORY MONTH EVENT HELD LAST MONTH WITH S MARSHAL AND KIND OF SHOWS. INTERESTING DATA ON HOW OUR LINKEDIN AUDIENCE TREATS INFORMATION, WHICH IS FUN. UM FIRST POST ON THE ON THE RIGHT HAND SIDE THERE. THE FIRST LISTING 940 IMPRESSIONS WAS A VIDEO WE POSTED OF THE MAYOR DOING THE CUPID SHUFFLE WITH SAINT MARSHAL, WHICH WAS AWESOME . THE SECOND POST BELOW THAT IS A PHOTO COLLAGE OF THE EVENT, WHICH GOT ALMOST DOUBLE THE AMOUNT OF IMPRESSIONS.ASTRONOMICALLY MORE CLICKS AND THE RATES REACTIONS ALL OF THAT SIMPLY BECAUSE SAINT MARSHALL COMMENTED ON OUR POST, WHICH WAS AWESOME. SO AGAIN SHOWS US THAT LINKEDIN CONTINUES TO BE A GREAT PLATFORM TO CONNECT WITH PEOPLE AND UM, ALSO ALLOWS US TO TAG PEOPLE AND PROVIDE INTERACTION FROM OUTSIDE OF MCKINNEY, WHICH IS FANTASTIC. UM, ANOTHER COMMENT THERE WE'VE SEEN ABOUT A 30% INCREASE IN WEB TRAFFIC THAT IS LARGELY IN PART TO BIZ NOW WHERE WE'VE DONE, SOME TARGETED CAMPAIGNS WITH THEM TO REAL ESTATE BROKERS. DEVELOPERS UM AND OUR MR CHAIRMAN REFERENCED THAT A LITTLE BIT ABOUT AN INTERVIEW. HE DID. TO COLLECT MORE DATA AND PROVIDE MORE EDUCATED CAMPAIGNS TO AREAS LIKE CHICAGO, LOS ANGELES, SAN FRANCISCO. UM, THOSE ARE MORE OUTBOUND MESSAGING THOSE WE'RE NOT TRYING TO HIT PEOPLE IN THE DFW REGION. WE'RE TRYING TO GET PEOPLE OUTSIDE TO UNDERSTAND WHY MCKINNEY IS SO AMAZING THE NEXT SLIDE. I'M GOING TO RECAP, UH, PROJECT VIBES ANNOUNCEMENT, WHICH WE'VE ALL TALKED ABOUT WITH, UM, NOTES LIVE. THIS WAS A FANTASTIC JOINT EFFORT WITH THE CITY. UH, COMMUNICATIONS DEPARTMENT, PARTICULARLY DENISE LESSARD, MEREDITH HAINES AND COCO GOOD HELPING US PROVIDE A MULTICHANNEL ATTACK IF YOU WILL OF PRESS RELEASE IN COLLABORATION WITH THE NOTES, LIVE TEAM AND THEIR PRESS TEAM AS WELL. SO FAR, THIS RELEASE HAS BEEN PICKED UP BY 38 INDIVIDUAL OUTLETS AND COUNTING.
UM INTERESTINGLY, WE'VE SEEN A 7030 SPLIT. I WOULD SAY THAT'S JUST MY ROUGH GUESSTIMATION ON POSITIVE TO NEGATIVE FEEDBACK, WHICH IS, UH, MORE POSITIVE THAN I HAD THOUGHT. UM MEREDITH AND I SPOKE EXTENSIVELY ABOUT THIS AND CAME TO THE CONCLUSION THAT IT'S A ARTS AND CULTURE BASED PROJECT . WHICH LEADS TO A LOT OF GREAT. UM YOU KNOW, EMPHASIS. PEOPLE REALLY ENJOY THAT. SO WE THOUGHT MAYBE WE SHOULD PLAN TO PUT AN AMPHITHEATER OUT AT THE AIRPORT AND THAT WOULD HELP WITH COMMUNITY RECEPTION TO THE AIRPORT. UM WE'RE ALSO DEVELOPING AN FA Q SECTION TO THE WEBSITE AS WELL. ALL THE DETAILS THAT COMMUNITY RESIDENTS CAN SEE THERE AND FINALLY, I WANT TO HIGHLIGHT PLUG AND PLAY SELECTION DAY WHICH WE'VE MENTIONED ALREADY MET WITH MR WILKES TO CREATE A MARKETING PLAN, CREATING SOME SOCIAL MEDIA CONTENT. WE FILMED THE MAYOR TALKING ABOUT SOME POSITIVE ASPECTS TO THIS EVENT, AND WE HAVE INVITED SO FAR 3000 PEOPLE ON OUR LISTS ACROSS OUR EMAIL NETWORKS AND ALSO 12 PUNCH ON SOCIAL MEDIA WITH ADVERTISING
[00:35:07]
THROUGH LINKEDIN AND DIFFERENT META PLATFORMS, SO WITH THAT I'LL HAPPILY STAND FOR ANY QUESTIONS. UH, NO QUESTIONS. I DO HAVE A COMMENT ON THE ON THE NOTES LIVE AND I'M SURE YOU ALL ARE COVERING THIS IN YOUR MARKETING. BUT I AM GETTING A LOT OF PEOPLE THAT HAVE TALKED TO ME ARE CONFUSED ABOUT THE SITE AND WHERE IT IS SOME EVEN THINKING THAT IT'S ACTUALLY, SOUTH OF, UH OF THE HOSPITAL, RIGHT? WHICH ISN'T EVEN RIGHT. YEAH RIGHT. SO UH, ANYWAY, YEAH, WE'VE ADDRESSED THAT WITH SOME IMAGERY ON SOCIAL MEDIA THAT WILL BE ENHANCED IN OUR FA Q SECTION. WE'RE ALSO GETTING SOME QUESTIONS ABOUT AN OUTDOOR AMPHITHEATER IN TEXAS IN THE SUMMER. AND SO WE WERE ALSO GOING TO ADDRESS THE HEAT COOLING ELEMENTS OF THE TURF AND SOME OF THE VENTILATION SYSTEM. SO THAT'S GOOD TO KNOW. WE'LL KNOW. I ACTUALLY HAD ONE PERSON ACTUALLY ARGUE WITH ME ABOUT THE LOCATION OF WOW. OK WHAT DO YOU KNOW? WELL TEACH THEIR OWN.THANK YOU. YEAH. RIGHT? UM NEXT. WE HAVE THE, UH, REGULAR AGENDA CONSIDERED DISCUSS ACT ON
[Consider/Discuss/Act on the February 2024 Financials]
FEBRUARY 2024 FINANCIALS CHANCE YEAH. GOOD MORNING. CHANCE MILLER, ACCOUNTING MANAGER.WE'LL BE GOING OVER THE MONTH OF FEBRUARY TODAY, LET'S GO TO THE INCOME STATEMENT IN REGARDS TO EXPENDITURES. IT WAS FAIRLY QUIET, BUT, UM, AND TALK ABOUT REVENUE. WE HAD CLOSE TO $2.4 MILLION IN REVENUE. $2.3 MILLION OF THAT WITH SALES TAX. THIS IS DECEMBER SALES TAX IN THE MONTH OF FEBRUARY. WE ALSO HAD CLOSE TO $100,000 IN INTEREST INCOME AND $7000 IN MISCELLANEOUS REVENUE. GOING DOWN TO EXPENDITURES. WE HAD 210,000 IN OPERATIONAL EXPENSES 288,000 IN PROJECT EXPENSES AND 237,000 NON DEPARTMENTAL EXPENSES, WHICH IS MAINLY JUST THE TRANSFER TO YOUR IN SS FUND TO MAKE YOUR DEBT SERVICE PAYMENTS TOTALED 736,000 FOR THE MONTH OF FEBRUARY.
MOVING ON TO SALES TAX. LIKE I SAID, THIS APPLIES TO DECEMBER, WHICH IS ONE OF OUR BIGGEST MONTHS. UM WE COLLECTED, UH, WE HAD A 4.6% INCREASE. AND IF WE'RE LOOKING AT OUR YEAR TO DATE, WE'RE AT 6.4% WHICH IS INCREDIBLE. UM, YOU CAN EVEN SEE OUR SISTER CITIES THAT WE'RE, UM WERE ABOVE THE SUBSIDIES IN TOTAL DOLLAR VALUE AND A PERCENTAGE AND INCREASE OVER YEAR TO YEAR, BUT ALLEN HAD A DECREASE OF 6.5% FRISCO STAYED ABOUT EVEN AND PLANO HAD A 14.9% INCREASE. UM AND THEN, LASTLY, THE SALES TAX BY INDUSTRY. I DON'T HAVE ANYTHING TO NOTE, EVERYTHING LOOKED, UM, PRETTY MUCH STANDARD FOR THE MONTH OF FEBRUARY. WE HAD A 3% INCREASE IN RETAIL TRADE. SO THE BIGGEST CATEGORY BUT THERE WAS NOTHING REALLY CONCERNING LOOKING DOWN BELOW. AND IF I'M TRENDING THIS OUT EVERY YEAR TO DATE, UM I DON'T REALLY HAVE ANYTHING TO COMMENT, BUT I'LL HAVE A ANSWER ANY QUESTIONS AT THIS TIME? QUESTIONS. ALL RIGHT. I'LL UNDERSTAND A MOTION ON THE FINANCIALS. HOPE TO APPROVE. SECOND. BY MR DENNISON. SECOND KING CAST YOUR VOTES IF YOU CAN. AND YOU MHM. AWESOME. THANK YOU. TECHNOLOGY WORKED. MOTION PASSES. UH, NEXT IS PUBLIC COMMENTS REGARDING MATTERS, NOT ON THE AGENDA. ANYBODY WOULD LIKE TO ADDRESS THE BOARD AT THIS TIME. BOARD COMMENTS. IMPORTANT MEMBERS. I WILL JUST
[BOARD COMMENTS]
SAY THAT AGAIN. IT WAS FANTASTIC TO SEE, UM TUFTS IN ITS FULL GLORY OVER THERE THIS WEEKEND.UH, MY FAMILY WENT ONCE WITH MY SON IN THE MORNING AND THEN MY WIFE AND I CAME BACK IN THE AFTERNOON. UH, FOR THE CONCERT IN ALL DAY, IT WAS JUST ROCKING AND ROLLING. AND AGAIN, UM IT IS A GOOD THING WHEN YOU'RE AT AN EVENT LIKE THAT, AND YOU LOOK AROUND AND YOU DON'T KNOW ANYBODY. THAT MEANS THERE'S A LOT OF PEOPLE THAT ARE OUTSIDE OF TOWN THAT ARE, UH, DEPOSITING THEIR SALES TAX REVENUE RIGHT HERE IN THE TOWN THAT THEY SHOULD BE, UM, AND AGAIN, IT WAS JUST REALLY GOOD. AND I APPLAUD THE CDC FOR ALL THE HARD WORK AND HEAVY LIFTING THAT CINDY AND THEIR CREW DID TO HELP THAT, UH, GET TO HIS FRUITION AS WELL AS THE CITY SO THANKS EVERYBODY ELSE. RIGHT? UH, NEXT IS EXECUTIVE SESSION IN ACCORDANCE WITH TEXAS GOVERNMENT CODE
[EXECUTIVE SESSION]
SECTION 505 1071 SUBPARAGRAPH TWO CONSULTATION WITH GENERAL COUNSEL ON ANY WORK SESSION SPECIAL OR REGULAR SESSION AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY CLIENT ADVICE AND NECESSITATED BY THE DELIBERATION OR DISCUSSION OF CERTAIN ITEMS AS NEEDED IN LEGAL CONSULTATION ON THE FOLLOWING ITEMS 551 87 ECONOMIC DEVELOPMENT MATTERS AS LISTED IN THE AGENDA. IT IS NOW 842. WE WILL RECESS AND WE WILL BE BACK. WHETHER TO TAKE ACTION OR ADJOURN THE MEETING AFTER RIGHT? LET ME PROVE EVERYTHING. WE ARE OUT OF EXECUTIVE SESSION[ACTION ON EXECUTIVE SESSION]
AT 952. AND AT THIS TIME I WILL TAKE A MOTION ON PROJECT BLACK, RIGHT? YES AH, I WILL MOVE TO[00:40:07]
APPROVE AS WE DISCUSSED IN EXECUTIVE SESSION HAVE A SECOND, A SECOND AGAINST MY WILL HAVE EMOTION. WE HAVE A SECOND. IBM 380 SIXES ARE TAKING REAL TIME. TANDY TANDY 386. OKAY THERE WE GO. AROUNDS COMMODORE 64 STILL ROLLING. I ONLY HAD A TECHNOLOGICAL INNOVATION FUND THAT COULD HELP US. THAT'S GOOD. THAT MOTION PASSES NEXT MOTION ON PROJECT COBB. AH YES, SIR.I'LL MAKE A MOTION THAT WE APPROVE THE CHANGES THE PROJECT COBB AS DISCUSSED IN EXECUTIVE SESSION SECOND WE HAVE MOTION IN SECOND PROJECT CARB. EXTRA VOTES. MOTION PASSES AND LAST WE NEED A MOTION ON PROJECT COMPASS. I WILL MAKE A MOTION THAT WE APPROVED PROJECT COMPASS AS DISCUSSED IN EXECUTIVE SESSION, I'LL SECOND WE HAVE A MOTION IN THE SECOND. I'LL TAKE THEM NOT CRYING. I'M LAUGHING. CAST YOUR VOTES. DIRECTION YEAH. YEAH. MOTION PASSES. THANK YOU FOR FLYING WITH TAZA. HERE WE GO. ALRIGHT AH, ENTERTAIN A MOTION TO ADJOURN. ADJOURNED SECOND SO MUCH BUTTONS. HIT YOUR BUTTON BY LEAVING SECOND. WE ARE ADJOURNED. YOU GOTTA SAY YES.
THANK YOU ALL. YES YES, YES. MAKE IT OFFICIAL DIRECTION
* This transcript was compiled from uncorrected Closed Captioning.