[CALL TO ORDER] [00:00:05] EVERYONE. YOU READY? OKAY. GOOD MORNING. I WILL NOW CALL THE MEETING OF THE MCKINNEY COMMUNITY DEVELOPMENT CORPORATION TO ORDER. THE TIME IS 8:01 A.M. WE ARE IN THE NEW CITY HALL CHAMBERS AT 401 EAST VIRGINIA STREET, MCKINNEY, TEXAS. I DO WANT TO RECOGNIZE THAT ALTERNATE BOARD MEMBER MARCUS LLOYD IS SITTING IN FOR RJ MICHIELETTO THIS MORNING. SO ALWAYS WELCOME, MARCUS. ALWAYS EXCITED TO HAVE YOU SITTING ON THE DAIS. WE WILL NOW HAVE OUR INVOCATION BROUGHT TO US BY ARCH MCINTOSH, LEAD PASTOR WITH CHRIST REDEEMER CHURCH. THANK YOU. WELL, THANK YOU FOR HAVING ME. I DO HAVE TO HURRY TO A DENTIST APPOINTMENT RIGHT AFTER THIS. I WOULD HAVE LOVED TO STAY AND LISTEN TO WHAT'S GOING TO BE PRESENTED, BUT I'M HONORED TO BE HERE. I WANT TO READ PSALM 127, VERSE ONE AND TWO. BEFORE WE BOW OUR HEADS IN PRAYER, IT SAYS THIS UNLESS THE LORD BUILDS THE HOUSE, THOSE WHO BUILD IT LABOR IN VAIN. UNLESS THE LORD WATCHES OVER THE CITY, THE WATCHMAN STAYS AWAKE IN VAIN. IT IS IN VAIN THAT YOU RISE UP EARLY AND GO LATE TO REST, EATING THE BREAD OF ANXIOUS TOIL. FOR HE GIVES TO HIS BELOVED SLEEP. LET'S BOW OUR HEADS IN PRAYER. FATHER IN HEAVEN, WE THANK YOU FOR THIS OPPORTUNITY TO PAUSE AS A NEW DAY BEGINS AND BE REMINDED OF OUR DEPENDANCE UPON YOU IN ALL OF LIFE. WE CAN LABOR, WE CAN BUILD, WE CAN STRIVE, WE CAN STAY AWAKE AND WATCH OUT FOR A CITY AND A PEOPLE. BUT WE ARE DEPENDENT ON YOU TO BUILD WHAT IS GOOD AND RIGHT AND TRUE. WE ARE DEPENDENT ON YOU TO PROTECT THE INDIVIDUALS AND FAMILIES THAT MAKE UP MCKINNEY, TEXAS. AND SO WE ASK YOUR FAVOR THIS MORNING GRACIOUSLY, GOD, THAT YOU WOULD CONTINUE TO DO A GOOD WORK IN THIS GOOD CITY THAT WE LOVE. FATHER, WE THANK YOU THAT YOUR WORD SAYS THAT YOUR MERCIES ARE NEW EVERY SINGLE MORNING AND THAT YOUR FAITHFULNESS IS GREAT. WE THANK YOU THAT YOU HAVE GIVEN US LIFE. WE THANK YOU THAT YOU ARE SUSTAINING OUR LIVES. WE THANK YOU THAT YOU SENT YOUR SON INTO THIS WORLD, THAT ALL WHO REPENT OF THEIR SIN AND BELIEVE IN JESUS CHRIST, RECEIVE THE FREE GIFT OF ETERNAL LIFE. WE THANK YOU FOR YOUR GRACE AND YOUR MERCY, AND WE THANK YOU FOR THE WORDS OF JESUS WHEN HE SAYS, PEACE I GIVE TO YOU. MY PEACE I LEAVE WITH YOU, NOT AS THE WORLD GIVES DO I GIVE TO YOU. LET YOUR HEARTS NOT BE TROUBLED, NEITHER LET THEM BE AFRAID. SO OFTEN WE HAVE IN OUR STRIVING THE BREAD OF ANXIOUS TOIL. BUT WE THANK YOU FOR THE BREAD OF LIFE, JESUS CHRIST, WHO PROVIDES A PEACE THAT SURPASSES UNDERSTANDING. AND GOD. WE JUST MAGNIFY THE NAME OF JESUS AS WE BEGIN THIS TIME OF DECISION MAKING. AND WE ARE REMINDED THIS MORNING THAT IN CHRIST IS HIDDEN ALL TREASURES OF WISDOM AND KNOWLEDGE. AND SO, I PRAY, GOD, AS I LIFT UP EVERY MEMBER HERE AND EVERY PERSON HERE, THAT YOU WOULD FLOOD OUR HEARTS AND MINDS WITH THE WISDOM OF GOD, THAT WE MIGHT MAKE DECISIONS WITH UNITY AND PEACE AND JOY, AND THAT THIS CITY MIGHT PROSPER MORE AND MORE IN JESUS HOLY NAME. AMEN. AMEN. THANK YOU SO MUCH. THANK YOU. AND YOU KNOW, YOU CAN ALWAYS WATCH THIS ON A RECORDING. I'M SORRY. ON THE RECORDING. IF YOU WANT TO SEE THE PRESENTATION. OH. THAT'S OKAY. I'M NOT THAT INTERESTED. I TOTALLY UNDERSTAND. HERE. I'LL STAY. BUT THANK YOU SO MUCH. I MEAN, YOU COULD HAVE A DENTIST PUT IT ON THE TV, RIGHT? RIGHT. YEAH, ABSOLUTELY. GOOD IDEA TO PUT IT ON THE TV, RIGHT? WE WILL NOW HAVE OUR PLEDGE OF ALLEGIANCE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA. AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. EVERYBODY JUST SHOWED UP, ALL OF A SUDDEN, FLOODED IN. DO WE HAVE ANY PUBLIC COMMENTS ON NON PUBLIC HEARING AGENDA ITEMS? NO. WE WILL NOW HAVE ONE CONSENT ITEM ITEM 25 DASH 2970 SIX MINUTES OF [CONSENT ITEMS] THE MCKINNEY COMMUNITY DEVELOPMENT CORPORATION JUNE 26TH, 2025. CAN I GET A MOTION [00:05:02] TO APPROVE THIS ITEM? I'LL MAKE A MOTION TO APPROVE. MOTION TO APPROVE BY. CHRIS. CHRIS. WEAR A NAME BADGE. WHAT'S YOUR NAME? YOU KNOW YOUR NAME? CHRIS. I'LL SECOND. SECOND. BY DAVID SHAY. IT'S EARLY IN THE MORNING. CHRIS. OH, WE ADJOURNING ALL WEEK. MOTION PASSES. THANK YOU. [Financial Report] AND WE NOW WILL GO INTO REPORTS 25 DASH 2977 FINANCIAL REPORT. CHANCE. GOOD MORNING. CHANCE MILLER, ASSISTANT FINANCE DIRECTOR. WE ARE GOING OVER THE MONTH OF JUNE TODAY. THE INCOME STATEMENT PULLED UP. PERFECT. ALL RIGHT. IT WAS A PRETTY ACTIVE MONTH FOR THE CDC. WE HAD $2.5 MILLION IN REVENUE COME IN. THE MAJORITY OF THAT WAS SALES TAX REVENUE. WE ALSO HAD A LITTLE OVER 500,000 IN INTEREST INCOME MOVING DOWN TO EXPENDITURES. WE HAD OPERATIONAL EXPENSES OF CLOSE TO 50,000, PROJECT EXPENSES, A LITTLE OVER 31 MILLION. THIS WAS THE MONTH THAT THE AIRPORT. WE MOVED THE MONEY TO THE AIRPORT CONSTRUCTION FUND. WE'VE ENTERED INTO THE CONTRACT AND EVERYTHING OVER AT THE AIRPORT. LASTLY, NON-DEPARTMENTAL, WE HAD 65,000. SO TOTAL EXPENSES FOR THE MONTH OF JUNE WAS 31.3 MILLION. SALES TAX. SO THE MONEY WE RECEIVED IN JUNE APPLIES TO APRIL. SO THIS IS APRIL SALES IN MCKINNEY. WE HAD A 2.2% INCREASE. WE HAD A NEGATIVE AUDIT COLLECTIONS. THOUGH OUR TRUE PERIOD TO PERIOD INCREASE WAS SLIGHTLY OVER 5% WAS 5.3%. THAT'S KIND OF BEEN THE TREND THIS YEAR FOR US IS AUDIT COLLECTIONS HAS NOT HELPED US. IF YOU LOOK AT TREND OVER THE PAST 3 OR 4 YEARS, ACTUALLY ANY TIME PERIOD YOU USUALLY TAKE THAT USUALLY NETS CLOSE TO ZERO THIS YEAR. HOW IT'S WORKED OUT IS THAT WE'RE IT'S HURTING US A LITTLE BIT IN AUDIT COLLECTIONS. BUT EVEN WITH AUDIT COLLECTIONS, WE'RE AT A 2.5% INCREASE. YOU CAN SEE ALLEN HAD A 3.3% INCREASE THIS MONTH. FRISCO HAD 4.4%. PLANO SAW A SLIGHT DECREASE. AND LASTLY, LOOKING AT OUR SALES TAX BY INDUSTRY TO DATE, YOU CAN SEE RETAIL TRADES AT CLOSE TO A LITTLE OVER 5% INCREASE WHICH IS STRONG WHICH IS TYPICALLY WHERE WE END UP. YOU CAN SEE DOWN BELOW THAT THE AUDIT COLLECTIONS, THE DECREASE IN 40% AND THE PROFESSIONAL, SCIENTIFIC AND TECHNICAL SERVICES. THAT WAS THAT AUDIT COLLECTION THAT WE TALKED ABOUT A FEW MONTHS AGO. AND THAT'S REALLY WHAT'S KIND OF HOLDING US DOWN CLOSER TO THAT TWO AND A HALF, 3%. I THINK THE BUDGET WILL BE PRESENTED LATER TODAY, AND WE HAVE THAT 2.5% BUDGETED FOR FISCAL YEAR 26. BUT AT THIS TIME, I'LL BE HAPPY TO ANSWER ANY QUESTIONS. ARE THERE ANY QUESTIONS FOR CHANCE? ALL THE REPORTS ARE ATTACHED TO THE AGENDA. I HAVE A COUPLE QUESTIONS. WHAT IS AN AUDIT COLLECTION? HOW DOES IT WORK AND WHY ARE WE. SO YEAH, JUST EXPLAIN THAT. SO TYPICALLY HOW YOU TYPICALLY THINK OF AN AUDIT COLLECTION A BUSINESSES WILL GET RANDOMLY SELECTED BY THE COMPTROLLER. THEY'LL HAVE AN AUDIT. AND IN MOST CASES THEY UNDERPAY. AND THEN THE CITY WILL GET MORE FOR US. AND HOW IT HAPPENS. A LOT OF TIMES A CITY WILL BE IN A LOCAL JURISDICTION. THEN THEY'LL END UP MOVING TO ANOTHER CITY AND THEY DON'T REPORT IT TO THE CONTROLLER. AND THE COMPTROLLER WILL ACTUALLY CATCH UP THAT SALES TAX. SO FOR OUR INSTANCE, A COMPANY COULD MOVE TO PLANO. WE'VE BEEN COLLECTING SALES TAX SINCE THEY MOVED TO PLANO. UNTIL THE COMPTROLLER CATCHES UP AND REALIZE THAT THEY HAVEN'T BEEN IN MCKINNEY FOR THE PAST 13 MONTHS, AND THEY REALLOCATE THAT SALES TAX. SO THOSE ARE THE TWO WAYS THAT IT CAN EITHER HELP YOU OR HURT YOU. FOR US, THAT'S ACTUALLY HURT US WAS THAT THERE WAS A JANITORIAL SERVICE THAT HAD BEEN LOCATED IN MCKINNEY THAT ACTUALLY DOES A DECENT AMOUNT OF SALES TAX AND HAD BEEN LIKE 3 OR 4 YEARS OF SALES TAX THAT GOT REALLOCATED TO THE DALLAS AREA. SO THAT'S HOW IT KIND OF COULD GO EITHER WAY. BUT FOR THIS INSTANCE, THAT'S WHAT HAPPENED THIS YEAR. OKAY. MY SECOND QUESTION IS ON INTEREST INCOME ON THE BALANCE SHEET OR. PNL. WE'RE SIGNIFICANTLY OVER BUDGET ON INTEREST INCOME. WHERE IS THAT COMING FROM? JUST HELP US UNDERSTAND THAT. YEAH. SO LET ME SHOW YOU. I'LL KIND OF HAVE A BETTER INCOME STATEMENT HERE. ALL RIGHT. SO AT THE BEGINNING OF EVERY YEAR, OUR INVESTMENT AND TREASURY MANAGER WILL GIVE AN ESTIMATE OF WHAT HE PROJECTS THE INTEREST INCOME TO BE USUALLY A LITTLE CONSERVATIVE BASED ON WHAT INTEREST RATES. BUT INTEREST RATES HAVE BEEN PRETTY GOOD LATELY. NOW, WHAT THEY DO FACTOR IN IS THE BUDGETED EXPENDITURES. AND YOU CAN SEE THAT WE'VE BUDGETED 87 MILLION TO SPEND THIS YEAR, AND WE'RE ONLY AT 37.9. SO HE FACTORS IN ALL THAT MONEY BEING SPENT THAT'S BUDGETED. AND SO IF WE EVER ARE BELOW LIKE WE ARE RIGHT NOW, THEN THAT'S KIND OF WHERE THE EXCESS INTEREST INCOME WILL COME INTO PLAY. ALSO, YOU CAN HAVE BETTER MARGINS, YOU KNOW, BETTER INTEREST RATES THAN YOU PROJECTED. BUT I THINK THAT'S THE MAIN REASON FOR THIS YEAR. OKAY. THANK YOU. CAN I ADD ONE COMMENT ON THAT. IT'S ALSO IN THAT THE TIME LAG BETWEEN [00:10:06] WHEN WE GIVE AN AWARD AND WHEN THE CASH ACTUALLY GOES OUT. SO WHILE THEY'RE BUDGETING FOR THE INTEREST TO DROP THE SECOND WE GIVE AN AWARD IN HERE, IN REALITY SOME OF THEM COULD BE TWO YEARS LATER, IT'S STILL SITTING IN OUR BANK ACCOUNT AND IT'S STILL GATHERING INTEREST. CORRECT? YEAH. WHEN Y'ALL APPROVE A PROJECT, WE HOLD THOSE. WE SET THOSE FUNDS ASIDE. AND SO IT SHOWS UP IN YOUR BUDGETED COLUMN. BUT YOU CORRECT, IT COULD BE A COUPLE OF YEARS UNTIL IT'S FINISHED. OKAY. ANY ADDITIONAL QUESTIONS? JUST ONE THE. NEGATIVE MILLION. THE SERVICES. WHAT IS ALL IN THAT CATEGORY. SO I MEAN A LOT OF TIMES A LOT OF THINGS COULD KIND OF GO INTO THAT NOW. SO THE PROFESSIONAL SCIENTIFIC I ACTUALLY THINK THAT THOSE CATEGORIES ARE NOW THAT I'M LOOKING AT IT, THAT THERE SWITCHED THE NEGATIVE MILLION WAS ACTUALLY THE ADMIN SUPPORT AND WASTE MANAGEMENT. IT WAS A JANITORIAL SERVICE. SO THOSE ARE ACTUALLY FLIP FLOPPED. THE PROFESSIONAL SCIENTIFIC AND TECHNICAL THAT'S ON THAT'S ON ME. WHAT'S THE 55,000 INCREASE BY 3%. BUT IF WE'RE TALKING ABOUT THE MILLION DOLLAR DECREASE, THE ADMIN SUPPORT, WASTE MANAGEMENT, THAT'S ANY COMPANIES THAT PROVIDE LIKE OFFICE MANAGEMENT SERVICES AND STUFF LIKE THAT FOR THIS THOSE JANITORIAL SERVICES. BUT ANY OF THOSE KIND OF ADMIN SERVICES THAT COMPANIES WILL OUTSOURCE OUT AND STUFF LIKE THAT. OKAY. YEAH. BECAUSE IT MAYBE IT'S THE SAME ERROR. THE I THINK WE'RE AT 73 MILLION JUNE YEAR TO DATE WHEN YOU GO BY CATEGORY. BUT WHEN YOU GO TO THE PREVIOUS SLIDE IT'S AT 72. YEAH. ME AND CINDY WERE ACTUALLY TALKING ABOUT THAT. SO FIRST OFF WE GET THIS PAGE IS BASED ON HOW MUCH WE ACTUALLY RECEIVE IN CASH FROM THE COMPTROLLER. AND SO THIS IS THE IF WE'RE LOOKING AT THE 72 A LITTLE OVER, THAT IS WHAT WE ACTUALLY RECEIVE. NOW THIS PAGE IS WHERE WE GET THE BREAKOUT FROM THE COMPTROLLER. IT'S ABOUT TWO MONTHS AFTER WE RECEIVE PAYMENT. THEY'LL SEND US A BREAKDOWN OF, YOU KNOW, THE MONEY WE RECEIVED, HOW THAT WAS ALLOCATED, WHICH COMPANIES PAID WHICH AMOUNTS. IT DOESN'T INCLUDE COMPANIES THAT PAID UNDER 5000. SO THERE'S LIKE A THRESHOLD THEY HAVE AND THEY WON'T REPORT TO US ANYONE THAT'S UNDER THAT. NOW THIS IS MORE AND YOU IT'S USUALLY OFF BUT NOT LIKE THIS. THIS IS ABOUT 900 K OFF. AND SO WE'VE REACHED OUT TO THE COMPTROLLER. WE ACTUALLY HAVE OUR CONSULTANT LEWIS MCLEAN, LOOKING INTO IT AS WELL. AS OF RIGHT NOW IT'S BEEN ABOUT A MONTH OF US KIND OF DIGGING INTO THIS. I DON'T HAVE A GOOD ANSWER FOR YOU. I'VE NOT SEEN ANYTHING LIKE THIS IN THE EIGHT YEARS I'VE BEEN HERE. SO I TOLD CINDY WE'D FOLLOW UP AS SOON AS WE HEAR BACK FROM THE COMPTROLLER. AND I'M HOPING, LEWIS, I'VE HAD INQUIRIES INTO HIM FOR ABOUT THREE WEEKS. I'M HOPING HE CAN ACTUALLY PROVIDE SOME BETTER INSIGHT ON. SO WHILE THIS CHART IS INFORMATIONAL FOR US, THE REAL NUMBER IS THE OTHER ONE. CORRECT? IT'S JUST IF YOU LOOK AT THE HISTORY OF MCKINNEY, IT'S ALWAYS WITHIN, YOU KNOW, LESS THAN 0.05%. SO THIS IS THE FIRST YEAR THAT WE'RE ACTUALLY SEEING A BIG VARIANCE THERE. AND SO I'M HOPING TO HAVE I'M HOPING IT CLEARS UP. BUT I'M ALSO WANTING TO KNOW WHY IT HAPPENED IN THE FIRST PLACE OKAY. OKAY. THANK YOU. CHANCE. YEP. THANKS. THANKS. ITEM 25 DASH 29 SEVEN [Board and Liaison Reports Board Chair City of McKinney Visit McKinney McKinney Economic Development Corporation McKinney Main Street/MPAC McKinney Parks and Recreation] EIGHT IS A BOARD LIAISON REPORTS. ONLY THING I'LL MENTION IS WE WILL BE CELEBRATING ON AUGUST 2ND. A VERY AMAZING HOLIDAY IS CALLED THE CINDY HOLIDAY. SO WE HAVE THESE BEAUTIFUL FLOWERS THAT WE JUST WANT TO RECOGNIZE AND ACKNOWLEDGE ARE HERE. BECAUSE AT THE END OF THE MEETING, EVERYBODY IS NORMALLY GONE. SO HAPPY EARLY BIRTHDAY. THANK YOU TO OUR AMAZING PRESIDENT. THANK YOU BEAUTIFUL FLOWERS. AND FOR ANYONE THAT DECIDES TO STICK AROUND THERE'S CAKE. SO IF YOU WANT TO STICK AROUND THERE'S CAKE. BUT HAPPY BIRTHDAY. THANK YOU ALL. ALL OTHER. I'LL LEAVE ALL OTHER COMMENTS AND REPORTS TO THE END. NEXT WE WOULD JUST HAVE A CITY OF MCKINNEY, MR. GRIMES. GOOD MORNING, MADAM CHAIR. MADAM BIRTHDAY, PRESIDENT. MEMBERS OF THE BOARD. MY NAME IS PAUL GRIMES, CITY MANAGER. A FEW ITEMS TO SHARE WITH YOU THIS MORNING. FIRST ITEM IS ON JULY 17TH. WE HELD A TOWN HALL SORT OF FORMAT MEETING AT THE IMPACT DOWNTOWN. IT WAS IN THE MORNING TO MEET WITH OUR MOSTLY OUR MAIN STREET FOLKS, ALTHOUGH THERE ARE SOME RESIDENTS THAT ATTENDED AS WELL TO DISCUSS SOME CONCERNS ABOUT SECURITY AND SOME OF THE HOMELESSNESS ISSUES DOWNTOWN, AND IN PARTICULAR, THE CLOSING OF THE HALL LIBRARY HAS CAUSED SOME FOLKS WHO NORMALLY SPEND THEIR TIME DURING THE DAY IN THE LIBRARY, AND THEY NOW DON'T HAVE THAT LIBRARY TO HANG OUT IN, SO THEY'RE SPENDING SOME TIME. THERE'S A LITTLE MORE VISIBILITY, PERHAPS. AND SO SOME OF THE MERCHANTS AND RESIDENTS HAVE EXPRESSED SOME CONCERNS. THE COUNCIL HAS ASKED FOR A SECOND MEETING, A ROUND TWO, IF YOU WANT TO CALL IT THAT. IN THE EVENING. WE WILL BE SCHEDULING THAT MEETING AGAIN, PROBABLY RIGHT HERE IN THE CHAMBER. SO THE ONE WAS THE IMPACT. THIS ONE WILL PROBABLY BE HERE AT THE [00:15:03] CHAMBER. AND WE'RE LOOKING FOR THE WEEK OF AUGUST 11TH. I BELIEVE WE WILL HAVE THAT MEETING TO HEAR ADDITIONAL CONCERNS OR QUESTIONS OR ISSUES. WE'RE ALSO SHARING WITH THEM SOME OF THE THINGS THAT WE'RE LOOKING TO BRING FORWARD TO THE CITY COUNCIL IN TERMS OF SOME ORDINANCE CHANGES AND ADJUSTMENTS TO ADDRESS SOME OF THE CONCERNS THAT WE THINK WE CAN DO WITHIN THE CONSTRAINTS OF THE LAW. AND THAT'S THE KEY POINT IS THERE ARE CERTAIN CONSTRAINTS OF THE LAW THAT WE HAVE SOME THINGS THAT OUR POLICE CAN AND CAN'T DO, BUT WE ARE PLANNING TO MAKE SOME ADJUSTMENTS AND SOME OF THAT WILL COME UP IN THESE DISCUSSIONS AS WELL. SO IT'S A GOOD WAY TO ENGAGE THE COMMUNITY TO KIND OF GET THEIR INPUT AND FEEDBACK AND EXPRESS THEIR CONCERNS. ALSO ALLOWS US TO BE ABLE TO SHARE WITH THEM WHAT WE CAN AND CANNOT DO. ADDITIONALLY, WE HAVE WE HAD A PUBLIC MEETING WITH VENUE RIGHT HERE IN THIS ROOM ON JULY 16TH. VERY WELL ATTENDED, MOSTLY ALMOST FULL. A LOT OF GOOD QUESTIONS FROM RESIDENTS AND BUSINESSES STAKEHOLDERS. SOME FOLKS ARE JUST CURIOUS. GENERALLY. I THINK IT WAS VERY POSITIVE. WE APPRECIATE THE FOLKS FROM VENUE AND BOB MUDD IN PARTICULAR, FOR COMING FORWARD AND ADDRESSING SOME OF THE QUESTIONS AND CONCERNS OF RESIDENTS WE'VE SENT. SEVEN I DON'T THINK WE'VE MET. WE HAVEN'T MET WITH YOU SINCE THE FLOODS IN TEXAS. SO WE DID SEND SEVEN FIREFIGHTERS DOWN TO CENTRAL SOUTH TEXAS, CENTRAL TEXAS, ACTUALLY, TO HELP THE KERRVILLE FOLKS DEAL WITH THE TRAGEDY THAT THEY'VE BEEN DEALING WITH. OUR HATS OFF. GO TO OUR HATS, GO OFF TO OUR FIREFIGHTERS, OUR SPECIAL RESCUE TEAM. THEY ARE OUR TECHNICAL RESCUE TEAM. THEY ARE FANTASTIC. THEIR SKILLS AND THE TOOLS THEY HAVE. AND THEY WENT DOWN AND SHARED THEIR THEIR ABILITIES TO HELP OUR, OUR COMMUNITY FRIENDS IN NEED. AND WE VERY MUCH APPRECIATE THAT. JUST IT'S IMPORTANT FOR YOU TO KNOW THAT MCKINNEY WAS REPRESENTED AND PITCHING IN A HAND. WE ALSO, JUST TO GIVE YOU OUR POPULATION ESTIMATE, 230,000. AS I FLIPPED THROUGH MY NOTES HERE, I WANTED TO CATCH THAT ONE BEFORE I MISSED IT AT THE LAST COUNCIL MEETING ON JULY 15TH, WE HAD A COUPLE OF ITEMS THAT WERE APPROVED BY THE CITY COUNCIL. NUMBER ONE, THE ANIMAL SHELTER WITH THE COUNTY, THE SHELTER SERVICES. WE HAVE OUR OWN ANIMAL CONTROL SERVICES, AND THEN THEY HAVE TO GO TO BE BROUGHT TO A SHELTER. AND THE SHELTER SERVICES ARE PROVIDED BY THE COUNTY WE JUST ENTERED INTO. THE COUNCIL APPROVED A NEW INTERLOCAL AGREEMENT WITH THE COUNTY. WE ALSO THE COUNCIL APPROVED A ONE YEAR EXTENSION OF FIRE SERVICES IN THE ETJ FOR THE COUNTY. THE COUNTY HAS AN ESD ELECTION. THAT'S AN EMERGENCY SERVICES DISTRICT ELECTION IN THE COUNTY TO TRY TO ADDRESS THEIR NEED FOR FIRE AND EMERGENCY OR AMBULANCE SERVICES IN THE ETJ. THEY WILL BE HAVING AN ELECTION, I BELIEVE, THIS FALL. AND SO IN THAT INTERIM PERIOD, CITY COUNCIL AGREED. WE'LL EXTEND IT ANOTHER YEAR, PROVIDE YOU THOSE SERVICES AT A SIGNIFICANT SUBSIDY. THAT WAS THE REASON WHY WE WERE GOING TO DISCONTINUE THOSE WAS BECAUSE WE WERE SUBSIDIZING QUITE A BIT OF THE SERVICES IN THE ETJ. AND IN THE PREVIOUS YEARS, WHEN YOU KNEW THAT WE WERE GOING TO BE EXPANDING INTO THE ETJ, THAT WAS CONSIDERED AN INVESTMENT. BUT NOW, WITH LITTLE PROSPECT AND SOME SOME FOLKS NEED TJ PULLING OUT OF THE ETJ WE IT'S HARD TO JUSTIFY TO OUR TAXPAYERS WHY WE'RE SUBSIDIZING IN IN THE ETJ. NONETHELESS, GOOD INTERLOCAL GOVERNMENT. COLLABORATION BETWEEN THE COUNTY AND THE CITY ON A NUMBER OF AREAS. WE AGREED TO EXTEND IT FOR ANOTHER YEAR. SO THAT IS THAT. AND I THOUGHT I HAD ONE MORE ITEM TO SHARE WITH YOU. OH, I HESITATE TO BRING THIS UP, BUT I WILL, BECAUSE THERE'S GOING TO BE WE'LL ADDRESS IT EVEN. ADDITIONALLY, MOST OF YOU ATTENDED THE AIRPORT GROUNDBREAKING LAST WEEK. GREAT. GREAT EVENT. WE HAD A GREAT TURNOUT FOR THOSE THAT WERE INVITED. WE INVITED. IT WAS AN INVITATION LIST, AND THERE'S BEEN SOME CHATTER OUT THERE ON SOCIAL MEDIA ABOUT SECRET GROUNDBREAKING, WHICH IS SILLY ON ITS FACE. WE INVITED MULTIPLE MEDIA OUTLETS TO COME. YOU CAN'T HAVE A SECRET GROUNDBREAKING IF YOU HAVE MULTIPLE MEDIA OUTLETS ATTENDING, SO IT'S SILLY ON ITS FACE. MOREOVER, WE HAVE SECURITY, AND SAFETY IS THE MOST IMPORTANT THING AT THE AIRPORT. WE HAVE FEDERAL GRANT ASSURANCES WE HAVE TO ADHERE TO. WE CANNOT HAVE 1000 PEOPLE DRIVING AROUND THE SOUTH END OF THE RUNWAY TO ATTEND A GROUNDBREAKING WITH VERY, VERY LIMITED ACCESS TO THE ROADS. SO WE HAD TO KEEP IT CONTAINED, SO TO SPEAK, AND AN INVITATION LIST. IT WAS A FOR THOSE OF YOU WHO ATTENDED, IT WAS A GREAT TURNOUT. THERE WERE STILL WELL OVER 100 PEOPLE, I BELIEVE, THAT ATTENDED. SO THE IDEA OF A SECRET GROUNDBREAKING WANTED TO ADDRESS THAT. WE WILL HAVE A RIBBON CUTTING EVENT. OF COURSE, WHEN THE AIRPORT OPENS, WE WILL HAVE PARKING LOTS AND ROAD ACCESS FAR SAFER. NOBODY WILL HAVE TO DRIVE ACROSS THE SOUTH END OF THE RUNWAY, AND WE WILL INVITE LOTS OF FOLKS FOR THAT. SO JUST KNOW THAT I WANTED TO ADDRESS THAT PUBLICLY HERE, BUT WE WILL ALSO BE SHARING SOME ADDITIONAL INFORMATION WITH OUR CITY COUNCIL. SO WE'LL HAVE THAT IN THEIR BACK POCKET AS WELL AS THIS, TO TRY TO PUT THIS SILLY [00:20:01] CHATTER TO REST. I WILL STAND FOR ANY QUESTIONS. ARE THERE ANY QUESTIONS FOR MR. GRAHAM? YEAH, I'VE GOT TO SAY GOING TO THE AIRPORT AND DRIVING THE MAZE, IT WAS PRETTY COOL. LIKE, DID I MAKE A WRONG TURN? YES. THAT'S RIGHT, I ALMOST WENT THE WRONG WAY TO GET OUT. THEY HAD US GO OUT TO DIFFERENT DIRECTIONS. SO IT WAS WELL, VERY WELL ATTENDED. AND CONGRATULATIONS ON ON A GREAT, GREAT SHOW. GREAT. JUST ONE QUESTION I WAS TRAVELING. I MAY HAVE MISSED THE ANNOUNCEMENT ABOUT THE JULY 17TH MEETING THAT YOU REFERENCED THAT IMPACT. WILL THE SECOND MEETING THE ROUND TWO BE PUBLICLY SHARED OR JUST FOR THE DOWNTOWN? NO, IT'S PUBLICLY SHARED. IT'LL BE HERE IN THE CHAMBER. I'M PRETTY SURE THAT'S WHERE THEY'VE DECIDED IT WAS AVAILABLE. THEY PICKED THE DATE FOR AVAILABILITY. SO BE HERE IN THE CHAMBER AND IT'LL BE THE WEEK OF AUGUST 12TH OR AUGUST 11TH. I DON'T REMEMBER THE EXACT DATE. OKAY, I THINK THE 13TH, BUT DON'T HOLD ME TO THAT. IT'LL COME OUT SOON ENOUGH. THANK YOU, THANK YOU. ANY OTHER QUESTIONS? ANY OTHER? NO. ANY OTHER QUESTIONS? THANK YOU. THANK YOU VERY MUCH. AND THANK YOU ALSO FOR JUST RECOGNIZING, OF COURSE, TEXAS, BECAUSE EVEN IN CENTRAL TEXAS. BUT THERE ARE A LOT OF PEOPLE THAT WERE IMPACTED FROM JUST AROUND TEXAS, FAMILIES HERE IN THE NORTH TEXAS AREAS HAD FAMILY MEMBERS AND CHILDREN THAT WERE ALSO THERE. SO JUST CONTINUED PRAYERS FOR JUST TEXAS. OVERALL. THANK YOU. VISIT MCKINNEY. GOOD MORNING, MADAM CHAIR. MADAM PRESIDENT, MEMBERS OF THE BOARD. AARON WARNER, EXECUTIVE DIRECTOR AT VISIT MCKINNEY. A COUPLE WEEKS AGO, I HAD THE PLEASURE OF ATTENDING THE DESTINATIONS INTERNATIONAL CONFERENCE IN CHICAGO. THIS IS THE LARGEST TOURISM PROFESSIONALS CONFERENCE OF THE YEAR. OVER 2200 PEOPLE FROM AROUND THE COUNTRY ATTENDING. TWO YEARS AGO, WHEN I ATTENDED THAT CONFERENCE, MCKINNEY WAS RELATIVELY UNKNOWN FROM THE TOURISM PERSPECTIVE, FROM A FROM A STANDPOINT OF A CONFERENCE THAT SIZE. THIS YEAR, WHEN I WALK INTO THE CONFERENCE AND PEOPLE SEE MCKINNEY ON MY NAME BADGE OR ON MY SHIRT, EVERY COMMENT THAT WAS GIVEN TO ME WAS, WHAT IN THE WORLD IS HAPPENING IN MCKINNEY, TEXAS RIGHT NOW? AND I SAY THAT BECAUSE THIS BOARD, THE EDC BOARD AND CITY MANAGER'S OFFICE PLAY A HUGE ROLE IN ALL OF THE EXCITING ANNOUNCEMENTS THAT WERE MADE OVER THIS PAST YEAR. AND I WANT YOU TO KNOW HOW RECOGNIZED THAT IS FROM A STANDPOINT AT THAT SIZE. AND SO THANK YOU FOR ALL YOU DO AND CONTINUE TO DO TO SUPPORT MCKINNEY AND THE TOURISM ECONOMY THAT'S GROWING. SPEAKING OF A COUPLE EXCITING THINGS. THE CHUPACABRA IS JUST FINALIZED THEIR FIRST INAUGURAL SEASON HERE IN MCKINNEY. THEY HAVE A MODEL THAT WORKS. AND THAT WAS PROVEN BECAUSE THEY HAD OVER 4000 PEOPLE ATTEND EVERY SINGLE MATCH THIS YEAR AT THEIR HOME GAMES. I THINK THEY HAD ONE RAIN ISSUE, BUT OUTSIDE OF THAT, IT WENT AS SMOOTH AS IT COULD POSSIBLY BE. AND IF YOU ATTENDED, THERE WAS THE ENTIRE SIDE OF THE SIDELINES WAS FULL OF CHUPACABRAS JERSEYS. THE COMMUNITY EMBRACED THEM AND IT WAS IT WAS JUST A REALLY NEAT THING TO SEE IN OUR IN OUR LOCAL ECONOMY. SO THAT WILL CONTINUE. THEY'RE COMING BACK FOR ANOTHER SEASON NEXT YEAR AND HOPEFULLY YOU CAN GET A CHANCE TO CHECK THAT OUT. ALSO DRUM CORPS INTERNATIONAL, THIS WAS A COSPONSORED EVENT. THANK YOU TO CDC FOR DOING THAT. AND FOR THOSE WHO ATTENDED THE EVENT, THEY HAD A RECORD YEAR THIS YEAR. THEY HAD 600 PEOPLE ATTEND THEIR DRUM EXPO AT TUPPS. IT WAS PACKED. IT WAS A GREAT EVENING OF SOME REALLY GREAT CAUSE DOING KIND OF A AN INTIMATE SHOW THERE. AND THEN AT THE EVENT ON MONDAY NIGHT AT THE STADIUM, THEY HAD OVER 44,800 TICKETS SOLD. SO A GREAT EVENT. THEY ALWAYS PUT ON A GOOD SHOW. AND AGAIN, THANK YOU FOR SUPPORTING THAT. AND THE LAST THING I'M GOING TO LEAVE YOU WITH IS NEXT WEEK WE ARE CELEBRATING BEST SHUMATE'S RETIREMENT. SHE IS RETIRING FROM THE CITY OF MCKINNEY AFTER JUST ABOUT 18 YEARS WITH THE CITY. SO ON WEDNESDAY FROM 3 TO 5 P.M. AT OUR OFFICE, WE'LL BE HAVING A COME AND GO RETIREMENT PARTY. AND IF YOU EVER HAD A CHANCE TO WORK WITH BETH, YOU KNOW, SHE'S AN INCREDIBLE PERSON AND I ENCOURAGE YOU TO, IF YOU CAN, SWING BY AND SAY HELLO. AND SO 3 TO 5 NEXT WEDNESDAY, I'LL STAND FOR ANY QUESTIONS. THANK YOU. ANY QUESTIONS? WE'RE BAND ONE. OH YEAH. WHICH ONE? SANTA CLARA. SANTA CLARA VANGUARD, THE. YEAH, THEY WERE INCREDIBLE. IT WAS GOOD. YEAH, THEY DID A GREAT JOB. ONE COMMENT. IN A OUTSIDE BAND TOURNAMENT IN JULY IN TEXAS. YOU THINK IT'S HOT, RIGHT? WE HAD A COOL BREEZE. EVERYBODY WAS SITTING ON THE WEST SIDE, SO IT WAS ALL SHADED. IT WAS, YOU KNOW, I'M SURE IT WAS HOT MARCHING DOWN THE FIELD A LITTLE BIT, BUT BUT FOR THE SPECTATORS IT WAS ACTUALLY QUITE COMFORTABLE. REALLY NICE EVENT. YEAH. AND THEY ALWAYS START SO LATE IN THE EVENING TO YOU KIND OF GET THE SUN DOWN. BUT YEAH I AGREE IT FELT GREAT OUT THERE FOR JULY. YEAH. AND I'VE NOTICED AS THE YEARS GO ON, THE, THE ELABORATION OF THE DANCE OR WHATEVER, BECAUSE I SAW THIS YEAR THEY HAD ALL THOSE THINGS ON THE SIDE. I MEAN MAN, THEY'RE JUST GETTING CRAZY. CRAZY. IT IS VERY MUCH. YEAH. THANK YOU, MR. [00:25:03] KOWSKI. ANY. MADAM CHAIR, MADAM PRESIDENT, BOARD MEMBERS MICHAEL KOSKI, PRESIDENT OF MEDC. A COUPLE OF BRIEF UPDATES. WE ARE CURRENTLY A AN ACCREDITED ECONOMIC DEVELOPMENT ORGANIZATION. WE ARE UP FOR OUR RECERTIFICATION IS A THREE YEAR CYCLE. SO WE'LL HAVE ON SITE REVIEWERS HERE MONDAY AND TUESDAY TO ASSESS WHAT WE'RE DOING AND TO BE CERTIFIED AS AN ORGANIZATION THAT IS SEEN AMONG TEXAS AS ONE OF THE IS THE KIND OF SPRINGBOARD OFF WHAT AARON SAID, DOING SOME GREAT STUFF IN PARTNERSHIP WITH YOU FOLKS IN THE CITY. OVERALL, WE ARE ONE OF 12 CITIES THAT IS RECOGNIZED WITH THIS DISTINCTION, SO WE'RE VERY PROUD OF THAT. SO AGAIN, WE'LL MAINTAIN HOPEFULLY OUR ACCREDITATION IN THAT WORLD. CANNON BEACH, THEY ARE IN TOWN TODAY. WE HAVE A PREDEVELOPMENT MEETING WITH BUILDING PLANNING AND SO ON TO TALK ABOUT GETTING THAT PROJECT GOING VERTICAL. YOU MAY ACTUALLY SEE A CONSTRUCTION TRAILER OUT THERE SOON ENOUGH. AGAIN, THEY'RE BUILDING AT STACY AND 121. AND LAST BUT NOT LEAST, I WANT TO THANK THE MCDC TEAM. WE HAD SOME SICK PEOPLE THE DAY OF OUR LAST BOARD MEETING, AND THEY STEPPED UP AND HELPED US RUN THE MEETING. SO THANK YOU VERY MUCH FOR HELPING US. YOU GUYS CAME THROUGH AT THE LAST SECOND, SO WE APPRECIATE THAT AND I WILL STAND FOR ANY QUESTIONS. WE ARE TEAM PLAYERS AND ALWAYS HERE TO HELP. ANY QUESTIONS. THANK YOU, MR. KOSKI. ANDREW MCKINNEY, MAIN STREET IMPACT. THANK YOU, MADAM CHAIR AND BOARD, ANDREW JONES, CULTURAL DISTRICT DIRECTOR WE HAVE A VERY BUSY AUGUST. I THINK I HAVE A LONG LIST OF ABOUT FIVE DIFFERENT EVENTS THAT ARE HAPPENING IN THE DISTRICT. THE FIRST ONE IS THIS WEEKEND. WE HAVE A SHOT FOR A CAUSE EVENT, WHICH IS A NEW EVENT. IT'S A GIVEBACK EVENT WITH LOTS OF DIFFERENT MERCHANTS IN DOWNTOWN. WE'RE PARTNERING WITH VOLUNTEER MCKINNEY TO HELP RUN THIS AND GIVING BACK TO ABOUT TEN DIFFERENT CHARITIES. EXCITED ABOUT THAT. WE ALSO HAVE A SPEAKER, DAVID RENDELL'S COMING. WE'RE DOING THIS IN CONJUNCTION WITH EDC. HE'S AN AUTHOR, SPEAKER, BRANDING EXPERT, ONE OF THE MOST ENTERTAINING SPEAKERS I'VE EVER SEEN. AND WE ALSO HAVE A WORKSHOP LATER IN THE DAY. WE HAVE OUR SECOND ANNUAL DOWNTOWN CAR SHOW COMING BACK, A NEW EVENT, SOUTH TENNESSEE BLOCK PARTY AND NIGHT MARKET. OUR SCAVENGER HUNT IS COMING BACK IN AUGUST 30TH, AND THEN WE'RE IN THE MIDST OF PLANNING FOR OKTOBERFEST, IF YOU CAN BELIEVE THAT. OR IT'S ALREADY UPON US. I GOT A FEW UPDATES WITH IMPACT. SO WE HAVE EMMETT PRESENTS BAREFOOT IN THE PARK JULY 25TH THROUGH AUGUST 9TH. WE HAVE A WICKED SING ALONG ON AUGUST 16TH ALREADY. TICKETS ARE FLYING FOR THAT ONE. AND THEN AN EVENING WITH BRENNAN AND KELLY. AUGUST 23RD. SOME UPDATES WITHIN THE ARTS COMMISSION. WE DID HAVE THE COMMISSIONERS HEARD PRESENTATIONS ON OUR SEASON SUPPORT GRANTS. THOSE WILL COME BEFORE COUNCIL AND THE NEW FISCAL YEAR. AND THEN WE DID CELEBRATE THE COMPLETION OF THE ROUNDABOUT SCULPTURE. SO WE'RE VERY EXCITED ABOUT THAT. WITH THAT, I'LL STAND FOR ANY QUESTIONS. I JUST SAY THE ROUNDABOUTS IS JUST GORGEOUS. AND I KNOW PEOPLE WHO DON'T LIVE HERE IN MCKINNEY THAT TRAVEL AND HAVE COME AND VISIT US, THAT IT IS REALLY, REALLY BEAUTIFUL. SO GREAT JOB ON COMMISSIONING THAT ARTWORK AND THE ARTIST. THAT WAS HER FIRST BIG PROJECT, RIGHT? YEAH, I LOVE THE STORY. WE SO SHE IS A LOCAL BASED ARTIST. SHE WAS AT MILL HOUSE FOR MANY YEARS. SHE IS A MURALIST, TYPICALLY BY TRADE, BUT SHE'S DONE LOTS OF DIFFERENT. TYPES. AND YOU KNOW, WE LOVED HER ART. WE SAT DOWN AND CHATTED AND I SAID, HAVE YOU EVER THOUGHT ABOUT DOING A SCULPTURE? AND SHE ABOUT, YOU KNOW, FELL OUT OF HER CHAIR BECAUSE SHE HAD ALREADY BEEN RESEARCHING FABRICATORS AND WORKING ON THAT FOR ALREADY THREE MONTHS, BUT HAD NEVER TOLD ANYBODY. SO IT WAS ONE OF THOSE THINGS THAT IT JUST CAME TOGETHER. AND IT WAS REALLY AWESOME. AWESOME PIECE. SHE DID A GREAT JOB. IT'S BEAUTIFUL. ANY OTHER QUESTIONS? COMMENTS. THANK YOU. THANK YOU MCKINNEY PARKS AND REC AMY. GOOD MORNING, MADAM PRESIDENT. MADAM CHAIR, MEMBERS OF THE BOARD, AMY KINCAID, DIRECTOR OF PARKS AND REC. I JUST WANT TO FIRST SAY THANK YOU FOR THOSE THAT WERE ABLE TO MAKE IT TO THE RIBBON CUTTING. WE HAD A GREAT EVENT. THE WEATHER WAS AGAIN COOL FOR JULY. WE HAD MEMBERS OF THE E. RANDALL'S FAMILY THERE THAT SPOKE. MADAM CHAIR SPOKE AS WELL, SO APPRECIATE THE SUPPORT OF THAT. WE DID HAVE THE COINS THAT EVERYONE SHOULD HAVE IN FRONT OF YOU, JUST AS A COMMEMORATIVE OF THE EVENT. THAT'S SOMETHING THAT WE'RE LOOKING TO DO FOR ALL OF THE DEDICATIONS, NEW PARKS, JUST AS A SMALL KEEPSAKE AND SOMETHING THAT PEOPLE CAN COLLECT. APEX MOVIE NIGHT WAS [00:30:04] THIS PAST WEEKEND, AND IT DID SELL OUT AT 225 FOLKS, SO IT WAS GREAT TO SEE THE FAMILIES OUT THERE. WE ARE LOOKING AT A BETTER WAY TO SHOW THE MOVIE. WE'VE BEEN USING THE INFLATABLE THIS YEAR. WE HAD SOME LIFEGUARDS HAVING TO LAY ON THE BACKSIDE TO KEEP IT UPRIGHT. SO WE'RE GOING TO WE'RE GOING TO DO BETTER NEXT YEAR. SO WE ALSO COMPETED AGAIN IN THE GUARD GAMES. IT WAS VERY COMPETITIVE. WE HAD MORE TEAMS WHO COMPETED MORE THAN EVER. WE DID WALK AWAY WITH FIRST IN RESCUE RELAY, WHICH IS JUST A RELAY AND DIFFERENT RESCUES AROUND THE FACILITY AND THEN THIRD IN FIRST AID. SO JUST WANT TO CONGRATULATE THE TEAM. THAT'S A HUGE WIN FOR US. HAWAIIAN NIGHT IS AT JUANITA MAXWELL THIS SATURDAY FROM 5 TO 8. IT IS FREE AND FOR ALL AGES. SO JUST WANT TO WELCOME EVERYONE TO THAT EVENT. I'M VERY EXCITED TO SAY THAT WE ARE FULLY STAFFED FOR THE PARKS DEVELOPMENT. WE HAD ONE POSITION THAT WE HAD TO GO BACK OUT AND JANIE'S TEAM DID A GREAT JOB. THEY SHOULD START NEXT WEEK JUST WAITING FOR THE BACKGROUND TO CLEAR. SO EXCITED TO HAVE A FULL STAFF, GREENS AND LIGHT WALK. BOTH OF THOSE PROJECTS ARE ALMOST COMPLETE AND THE LIGHT WALK WILL END OR BE COMPLETED BY THE END OF SEPTEMBER. WITH THE LIGHT WALK SOMETIME EARLY OCTOBER IN TIME FOR OUR TRICK OR TREAT TRIAL. LAST UP OUR RECREATION CENTER AT TOWN LAKE. WE ARE ON MARK TO OPEN THAT UP ON LABOR DAY WEEKEND, AND WE ARE FINALIZING ALL OF THE DELIVERY OF THE EQUIPMENT FURNITURE, SO EVERYTHING IS LOOKING VERY PROMISING FOR AN OPEN OF LABOR DAY WEEKEND. AND WITH THAT I'LL STAND FOR ANY QUESTIONS, ANY QUESTIONS? AMY. AMY, IS THERE A DATE SET FOR THE TRICK OR TREAT TRAIL EVENT? IT IS GOING TO BE OCTOBER THE 18TH. THANK YOU. HEY, AMY, JUST CURIOUS, YOU MENTIONED THE GUARD GAMES. WHERE DID THOSE TAKE PLACE THIS YEAR? THIS YEAR I BELIEVE IT WAS IN DENTON. THEY KIND OF ROTATE AROUND. I WAS UNABLE TO ATTEND, BUT WE USUALLY BRING TWO TEAMS THERE. DO THEY EVER COMPETE IN MCKINNEY? WILL THEY EVER COMPETE IN MCKINNEY? WE WILL TRY TO HOST. YES. WE ALWAYS LOVE TO HOST EVENTS. SO I JUST WANT TO SAY I DO LOVE THE COMMEMORATIVE. AND IT WAS REALLY NICE BECAUSE EVEN THE BEING AT THE GROUNDBREAKING FOR IH RANDALL'S AND LISTENING TO THE STORY FROM HIS GRANDDAUGHTER WAS VERY, VERY INSPIRATIONAL. AND THEY WERE SO, SO, SO APPRECIATIVE TO THE RECOGNITION. AND JUST IN THIS REALLY, YOU KNOW, GIVEN TO THE FAMILY, THEY WERE ABLE TO TAKE THESE NORMALLY WE DON'T HAVE SOMETHING LIKE THIS FOR THEM TO HAVE AS A COMMEMORATIVE. SO I REALLY LOVE THIS NEW IDEA. SO THANK YOU TO YOU AND YOUR TEAM [President’s Report] FOR THAT. THANK YOU. THANK YOU. ITEM 25 DASH 2979 PRESIDENT'S REPORT. THANK YOU, MADAM CHAIR. MEMBER OF THE BOARD. MEMBER OF THE BOARD. I'LL JUST REFER BOARD MEMBERS TO THE REPORTS THAT ARE ATTACHED TO THE AGENDA. AND A COUPLE OF REMINDERS. WE ARE FINISHING OUT THE GRANT CYCLES FOR THE CURRENT FISCAL YEAR. PROMOTIONAL GRANTS TODAY, OF COURSE, WILL BE VOTED ON, AND THEN PUBLIC HEARINGS WILL BE HELD ON THE PROJECT GRANT APPLICATIONS RECEIVED AND WILL BE ACCEPTING RETAIL INFRASTRUCTURE GRANTS THROUGH THE END OF THIS MONTH. THEY'LL BE PRESENTED THROUGH PUBLIC HEARINGS NEXT MONTH AND VOTED ON IN SEPTEMBER. AND THAT WILL TAKE US INTO THE NEW FISCAL YEAR, WHICH WILL BEGIN OCTOBER 1ST. AND THE ONLY OTHER THING I'LL MENTION, FINANCE COMMITTEE HAS WORKED ON THE BUDGET. PROPOSED BUDGET FOR FY 26 WILL BE VOTING ON THAT LATER TODAY TO SEND IT TO CITY MANAGER'S TEAM, AND THE FULL CITY BUDGET WILL BE PRESENTED TO COUNCIL ON AUGUST 8TH EIGHTH, I BELIEVE. AND I'M HAPPY TO STAND FOR ANY QUESTIONS. AND AGAIN, ALL OF THE REPORTS, PRESIDENTS REPORTS ARE ATTACHED TO THE AGENDA. SO THANK [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by The Heritage Guild of Collin County (PC 25-17) in the Amount of $14,905.00 for the Advertising, Marketing and Promotion of 2025 Events at Chestnut Square Including Farmers Market, Ghostly Hauntings, Trolley Tours, Pumpkin Pals, Educational Programming, and Holiday Tour of Homes.] YOU. NO QUESTIONS OKAY. WE WILL NOW GO INTO REGULAR AGENDA ITEMS. TODAY WE WILL VOTE ON NINE PROMOTIONAL GRANT APPLICATIONS THAT WERE PRESENTED AT OUR JUNE MEETING. I'D LIKE TO THANK THE SUBCOMMITTEE, JOY, AJ, AND MARCUS FOR THEIR WORK IN REVIEWING EACH APPLICATION IN GREAT DETAIL. IN PREPARING RECOMMENDATIONS FOR US TODAY IN, MARCUS WILL BE PRESENTING THOSE RECOMMENDATIONS ON BEHALF OF THE SUBCOMMITTEE TODAY AS A REMINDER TO BOARD MEMBERS WHEN THE MOTION IS BEING MADE, PLEASE WAIT FOR THE BUTTON TO APPEAR ON YOUR SCREEN, THEN PRESS YOUR STATED MOTION. AND THAT DIDN'T COME FROM ME. THAT CAME FROM LINDA. SO. SO THANK YOU FOR THAT [00:35:05] GUIDANCE. SO ITEM 25 DASH 2980 CONSIDER DISCUSS PROMOTIONAL GRANT COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY THE HERITAGE GUILD OF COLLIN COUNTY PC 2517. IN THE AMOUNT OF $14,905 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 EVENTS AT THE CHESTNUT SQUARE, INCLUDING FARMER'S MARKET, GHOSTLY HAUNTINGS. TROLLEY TOURS, PUMPKIN PALS, EDUCATIONAL PROGRAMING AND HOLIDAY TOURS OF HOMES. THANK YOU, MADAM CHAIR, JUST TO KIND OF GIVE SOME UNDERSTANDING OF WHAT HAPPENED. SO WE HAD A GREAT MEETING WITH THE SUBCOMMITTEE, JOY AND AJ AND MYSELF. WE HAVE A TOTAL GRANTS AVAILABLE FOR THIS CYCLE. 174,420 $174,421, INCLUDING APPROPRIATIONS OF $69,396 IN UNSPENT FUNDS FROM FISCAL YEAR 2024. AS WE LOOK AT THESE GRANTS, THE REQUIREMENT FOR THE GRANT IS THAT THE EVENT MUST SHOWCASE THE CITY OF MCKINNEY FOR PURPOSES OF BUSINESS DEVELOPMENT AND OR TOURISM. SO THE SUBCOMMITTEE MET AND HAD GREAT CONVERSATION AROUND EACH ONE OF THESE APPLICATIONS. WE DISCUSSED IN DETAIL LOTS OF THINGS GOING ON, AND CAREFUL CONSIDERATION WAS GIVEN FOR PARTICULAR THINGS THAT I'LL MENTION RIGHT NOW. SO WE'RE LOOKING FOR THIS EVENT TO HAVE THE ABILITY TO SHOWCASE THE CITY OF MCKINNEY FOR PURPOSES OF BUSINESS DEVELOPMENT AND TOURISM, AS I ALREADY MENTIONED, WE LOOK THROUGH THE ANTICIPATED ATTENDANCE FOR MCKINNEY RESIDENTS, AS WELL AS THOSE WHO ARE COMING FROM OUTSIDE MCKINNEY. OUR VISITORS. WE'RE LOOKING AT THE DATA FROM PAST EVENTS PROVIDED THROUGH THE SUBMITTED FINAL REPORTS THAT THEY GIVE US THE LOCATION OF THE EVENT, THE PER CAPITA PROMOTIONAL CALCULATIONS, THE NUMBER OF EVENTS SUPPORTED IN A SINGLE GRANT. YOU'LL SEE SOME OF THE GRANTS HAVE SEVERAL EVENTS THAT GO ALONG WITH THOSE. WE'RE LOOKING AT PAST GRANTS AWARDED AND THESE AREAS INTO THESE ORGANIZATIONS AS WELL, LOOKING AT NEW VERSUS OLD REPEAT EVENTS AND THEN GRANT RECIPIENTS INVESTMENT. HOW MUCH ARE THEY PUTTING INTO THIS AS WELL? AND SO, MADAM CHAIR, IF WE'RE LOOKING AT THIS, THIS FIRST ONE, THIS PC 2517 SUBMITTED BY HERITAGE GUILD COLLIN COUNTY THE SUBCOMMITTEE RECOMMENDS AND I WANT TO MAKE A MOTION OF FUNDING. IT'S AT ITS FULL AMOUNT AT $14,905. SO I'LL MAKE A MOTION FOR THAT. IS THERE ANY DISCUSSION ON THIS ITEM? OKAY, SO A MOTION HAS BEEN MADE TO APPROVE THE REQUEST AT THE FULL AMOUNT OF $14,905. CAN I GET A SECOND? I'LL SECOND. SECOND BY CHRIS. DAVID. ALL RIGHT. OH. YOU SITTING NEXT TO ME I'M GOING TO NEED TO PAY ATTENTION. PAY ATTENTION CHRIS. MOTION PASSES. YOU CAN HEAR YOU. THANK YOU. [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by McKinney Rotary Foundation (PC 25-18) in the Amount of $7,500.00 for the Advertising, Marketing and Promotion of the 2025 Parade of Lights.] NEXT ITEM 25 DASH 2981 CONSIDER DISCUSS PROMOTIONAL COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY THE MCKINNEY ROTARY FOUNDATION PC 2518. IN THE AMOUNT OF 7500 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 PARADE OF LIGHTS, THE SUBCOMMITTEE RECOMMENDS FUNDING THIS AT THE FULL AMOUNT OF $7,500. IS THERE ANY DISCUSSION ON THIS ITEM? WE HAVE A MOTION TO APPROVE THE REQUEST AT THE FULL AMOUNT OF 7500. I'LL MAKE A MOTION TO APPROVE THAT. OKAY, NOW WE HAVE A MOTION. OKAY. MOTION WAS MADE BY MARCUS FOR 7500. CAN I GET A SECOND? I SECOND. SECOND BY JOY. MOTION PASS. THANK YOU. ITEM 25 DASH 2988 TWO. CONSIDER. [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by Texas Women Society (PC 25-19) in the Amount of $13,500.00 for the Advertising, Marketing and Promotion of the 2025 McKinney Asian Food and Art Festival] DISCUSS. PROMOTIONAL COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY THE TEXAS WOMEN'S SOCIETY PC 2519. IN THE AMOUNT OF $13,500 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 MCKINNEY ASIAN FOOD AND ART FESTIVAL. ONE SECOND HERE FOR A SECOND WE. SAY THAT. THE SUBCOMMITTEE WOULD LIKE TO MAKE A MOTION TO FUND THAT EVENT AT $12,000. IS THERE ANY DISCUSSION [00:40:02] ON THIS ITEM? NO. CAN I CAN YOU MAKE A MAKE A MOTION? AS I MOTION THAT WE FUND THIS AT $12,000? OKAY. CAN I GET A SECOND? I'LL SECOND THE MOTION SECOND BY JOY. MOTION PASSES TO APPROVE THIS ITEM FOR $12,000. ITEM 25 DASH 20 983. CONSIDER DISCUSS [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by McKinney Repertory Theatre (PC 25-20) in the Amount of $6,790.00 for the Advertising, Marketing and Promotion of the Two Unique Shows in 2025.] PROMOTIONAL COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY MCKINNEY REPERTORY THEATER, PC 2520. IN THE AMOUNT OF $6,790 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE TWO UNIQUE SHOWS IN 2025. FOR THIS PARTICULAR EVENT, THE SUBCOMMITTEE RECOMMENDS FUNDING AT THE FULL AMOUNT OF $6,790, AND I'D LIKE TO MAKE A MOTION TO DO THE SAME. WE HAVE A MOTION. IS THERE ANY DISCUSSION ON THIS ITEM? CAN I GET A SECOND? I'LL SECOND. SECOND BY JOY. MOTION PASSES TO APPROVE THIS ITEM AT $6,790. ITEM 25 DASH 20 984 CONSIDER DISCUSS PROMOTIONAL [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by The Warrior’s Keep (PC 25-21) in the Amount of $12,500.00 for the Advertising, Marketing and Promotion of the 2025 Veterans Day Celebration at TUPPS Brewery.] COMMUNITY EVENTS GRANT APPLICATION SUBMITTED BY THE WARRIORS. KEEP PC 25 DASH 21. IN THE AMOUNT OF $12,500 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 VETERANS DAY CELEBRATION AT TUFTS BREWER. FOR THIS VETERANS DAY CELEBRATION, SUBCOMMITTEE RECOMMENDS FUNDING AT THE AMOUNT OF $5,000. IS THERE ANY DISCUSSION ON THIS ITEM? MADAM CHAIR, I'D LIKE TO CONSIDER THIS ITEM. THIS IS THE SECOND YEAR THIS GROUP HAS COME FOR A GRANT REQUEST, AND LAST YEAR I THINK THEY ASKED FOR 10,000 AND WE GAVE THEM 5000. I HAVE NEVER GONE AGAINST THE SUBCOMMITTEE'S RECOMMENDATION BEFORE, BUT AT THE END OF THAT ONE, I FELT REGRET THAT I DIDN'T AT THAT TIME. AND SO I'M GOING TO AT THIS TIME ASK THAT WE CONSIDER A HIGHER GRANT AMOUNT FOR THIS REQUEST. I'D LIKE TO SEE WHAT THIS EVENT CAN DO. I'D LIKE TO SEE THEM FULLY FLEDGED THIS EVENT OUT. I THINK IT'S A GREAT ORGANIZATION THAT DID AN AWESOME JOB LAST YEAR IN INCREASING ATTENDANCE WITH THE MONEY WE GAVE THEM, AND I'D LIKE TO SEE WHAT THEY CAN DO WITH ADDITIONAL MONEY. AND I THINK WE HAVE, WELL, MORE THAN ENOUGH FUNDING TO FUND THESE REQUESTS AT THE FULL AMOUNT. BUT IN THIS CASE, I'D LIKE TO MAKE A MOTION THAT WE FUND THIS AT $10,000. WE HAVE A MOTION ON THE FLOOR TO INCREASE THE AMOUNT FOR THIS ITEM FOR $10,000. IS THERE A SECOND? I HAVE A COMMENT BEFORE WE VOTE, SO I'M INCLINED TO AGREE WITH MY COLLEAGUE, BUT I'D LIKE MORE INFORMATION AS TO MAYBE WHY IT WAS SETTLED AT $5,000 RATHER THAN THE FULL AMOUNT OR AN INCREASE. OKAY, SO WE'LL MARCUS AND JOY, WITH YOU BEING ON THE SUBCOMMITTEE, CAN YOU PROVIDE SOME ADDITIONAL CONTEXT? I'M SORRY, JUST INSERT REAL QUICKLY. I THINK WE'RE IN THE WRONG ONE. WE ARE. CAN WE GO TO THE NEXT AGENDA ITEM ON THE SCREEN? THANK YOU, THANK YOU, CHRIS, MARCUS AND JOY. SURE. MARCUS, DO YOU WANT TO GO FIRST? NO, YOU GO AHEAD. OKAY. SO WE HAD A LENGTHY DISCUSSION, OF COURSE, ABOUT EACH APPLICANT WITH RESPECT TO THIS ONE. THERE ARE SOME CHANGES TO THE EVENT BEING MADE THIS YEAR. LAST YEAR IT WAS TICKETED. THIS YEAR IT'S GOING TO BE OPEN TO THE PUBLIC. LAST YEAR THEY HAD DIFFERENT MEMBERS OF THE BOARD. THEY HAVE SOME NEW MEMBERS. THIS YEAR, A LOT OF INTERNAL CHANGES, I THINK WERE HAPPENING THAT WE WANTED TO SEE PLAY OUT. SECONDLY, THE PERHAPS LARGER CONCERN WAS THAT THIS ORGANIZATION WAS NOT FULLY EMBEDDED IN THE VETERANS COMMUNITY. TO THE EXTENT THAT WE BELIEVE THE APPLICANT TESTIFIED, THE TEXAS VETERANS NETWORK IS AN EXTENSIVE COLLECTION OF ENTITIES OF THIS NATURE, AND IT WAS STRESSED THAT THEY WERE PART OF THAT AND THEY WERE NOT. WE LEARNED. AND SO WE WANT TO SEE THIS ORGANIZATION, I THINK, COME INTO ITS OWN A LITTLE BIT MORE BEFORE WE INCREASE THE FUNDING. WE CONSIDERED DOING SO, BUT FELT THAT KEEPING IT LEVEL FOR THIS YEAR, GIVEN THE CHANGES AND WITH THE EXPRESSION OF OUR INTENT THAT THEY BECOME MORE INVOLVED AND EMBEDDED IN THE LARGER ORGANIZATION OF VETERANS GROUPS, YOU KNOW, STRESS THAT THAT WE WOULD CONSIDER SOMETHING PERHAPS IN THE FUTURE AT A LARGER LEVEL. BUT WE THOUGHT A LEVEL FUNDING [00:45:04] WAS APPROPRIATE, GIVEN THE NATURE AND THE CIRCUMSTANCE OF THE EVENT ITSELF AND THE ORGANIZATION. OKAY, MARCUS, I DON'T KNOW IF YOU WANT TO ADD ANYTHING TO THAT. IF I PERHAPS MISREPRESENTED OUR DISCUSSION. NO, I THINK YOU I THINK YOU NAILED IT. PARTICULARLY, I THINK IT'S IMPORTANT TO ARTICULATE THAT THE CONCERNS WERE MORE ORGANIZATIONAL, ORGANIZATIONAL, AS OPPOSED TO THE CONCEPT VERY MUCH WRESTLED WITH THE IDEA OF SUPPORTING VETERANS. THAT WAS NOT AN ISSUE WITH US, BUT IT WAS MORE ORGANIZATIONAL. THIS PARTICULAR GROUP THAT WAS DOING IT. IS THERE ANY ADDITIONAL DISCUSSION? SO WE DO HAVE A MOTION ON THE FLOOR TO INCREASE THE REQUEST. BUT OF COURSE, IF IT IS NOT A SECOND THEN THAT MOTION DIES. SO IS THERE A SECOND FOR THE INCREASE? OKAY. SO NO SECOND MOTION DIES. THE ORIGINAL REQUEST. MOTION MADE A MOTION NEED A MOTION? I'D LIKE TO MOTION THAT WE FUND THIS PARTICULAR EVENT AT $5,000. SO WE HAVE A MOTION ON THE FLOOR TO APPROVE IT FOR $5,000. IS THERE A SECOND? I'LL SECOND. SECOND BY DAVID. MOTION PASSES. AND THANK YOU TO THE BOARD FOR THE DISCUSSION. SO [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by Collin County Master Gardeners Association (PC 25-22) in the Amount of $14,500.00 for the Advertising, Marketing and Promotion of the 2025-2026 Events at Myers Park Consisting of Eight Unique Events Including The Annual Garden Show, Plant Sales, A Walk in the Park, and Educational Workshops.] THIS IS VERY GOOD. THANK YOU. NEXT ITEM 25 DASH 2985 CONSIDER DISCUSSED PROMOTIONAL COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY THE COLLIN COUNTY MASTER GARDENERS ASSOCIATION PC 25 DASH 22. IN THE AMOUNT OF 14,500 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 2026 EVENTS AT THE MYERS PARK, CONSISTING OF EIGHT UNIQUE EVENTS INCLUDING THE ANNUAL GARDEN SHOW, PLANT SALES, A WALK IN THE PARK AND EDUCATIONAL WORKSHOPS. YES, MADAM CHAIR, FOR THIS PARTICULAR EVENT, SUBCOMMITTEE RECOMMENDS AND I WANT TO MAKE A MOTION OF FUNDING IT AT $12,000. IS THERE ANY DISCUSSION? CAN. I'D LIKE TO FOLLOW DAVID'S TREND. I'D LIKE TO UNDERSTAND WHY THE LOWER. AMOUNT THAT THIS ORGANIZATION BRINGS IN. 80% OF THE PEOPLE THAT ATTEND ARE FROM OUTSIDE OF MCKINNEY. SO IT IS IT'S DEFINITELY A DRAWING IN. SO WHAT WOULD BE THE WHY 12 VERSUS WHAT THEY'RE ASKING FOR FROM SUBCOMMITTEE? JOY. SO I THINK OVERALL AND PERHAPS WE SHOULD HAVE SAID THIS IN THE IN THE OPENING PREAMBLE, ONE OF THE CONSIDERATIONS THAT THE SUBCOMMITTEE HAD THIS TIME, THAT WAS A LITTLE BIT DIFFERENT FROM CONVERSATIONS THAT OTHER SUBCOMMITTEES, OF COURSE, OUR COMPOSITION CHANGES EACH YEAR. BUT, YOU KNOW, WE HAVE THE SUBCOMMITTEE CONTINUALLY REVIEWING THESE TYPES OF APPLICATIONS. AND THE CONVERSATION CENTERED AROUND THE FACT THAT THESE FUNDS WERE NOT USED FOR MARKETING CAN ROLL BACK INTO MCDUCK'S BUDGET, AND THAT WE ARE HAVING TO CONSIDER PRIORITIES BEYOND SMALLER EVENTS AND EVENTS THAT ARE OF FESTIVAL AND GATHERING NATURE. RIGHT? WE'VE GOT ECONOMIC EVENTS OR ECONOMIC OPPORTUNITIES NOW. BIGGER. LARGER SCALE EVENTS THAT ARE COMING TO MCDC FOR FUNDING. AND WE'RE WEIGHING THOSE WITH MARKETING, WE'RE WEIGHING THOSE WITH THE RETAIL. WE'RE WEIGHING WEIGHING THOSE AGAINST THE PROJECT GRANTS. AND WHEN THE MONEY CAN BE RETURNED TO THE TREASURY, WE'RE WE'RE LOOKING FOR OPPORTUNITIES WHERE THAT COULD BE POSSIBLE. SO THAT WAS ONE FACTOR AMONGST ALL OF THE MANY THAT MARCUS RELAYED. WE WERE ALSO LOOKING AT THE RELATIVE NATURE OF WHAT WAS BEING PROPOSED, WHAT HAD BEEN REQUESTED LAST YEAR AND WHAT HAD BEEN SPENT LAST YEAR FOR THIS ITEM. THEY HAD NOT SPENT WHAT HAD BEEN REQUESTED IN PRIOR YEARS. SOME OF THAT COULD BE EXPLAINED BY CIRCUMSTANCES, RAIN, DIFFERENT REASONS THAT THEIR EVENTS WERE NOT AS WIDELY ATTENDED AS MAY HAVE BEEN EXPECTED. SO BECAUSE THEY HAD NOT DEMONSTRATED THE FULL SPENDING OF THE MONEY THAT WE HAD GIVEN THEM IN THE LAST FEW YEARS, WE DECIDED TO LOWER THE AMOUNT PROPOSED AND AGAIN RETURN THAT MONEY TO THE TREASURY, IF YOU WILL. OKAY. MAKES SENSE, AND I'LL JUST MAKE A COMMENT. THIS PROCESS THAT WE'RE GOING THROUGH FOR PROMOTIONAL GRANTS IS, I DON'T KNOW IF IT'S COMPLETELY UNIQUE TO MCKINNEY AND BEING ABLE TO DO THIS, BUT THIS IS SOMETHING THAT THE OUR COMMUNITY DEVELOPMENT CORP. HAS BEEN DOING. AND WE KNOW THAT THIS IS OF HIGH VALUE TO THE INDIVIDUALS THAT ARE INVOLVED. WE TAKE THAT VERY SERIOUSLY. AND AS YOU HEARD, THE SUBCOMMITTEE DISCUSSIONS HAVE BEEN VERY INVOLVED IN RESEARCHING THESE. SO I WILL ACCEPT THAT THE [00:50:06] SUBCOMMITTEE DID THEIR RESEARCH AND WENT THROUGH IT. AND I APPRECIATE THE FURTHER EXPLANATION ON THAT ONE. THANK YOU. ANY ADDITIONAL DISCUSSION ON THIS ITEM? YOU DID MAKE A MOTION. I DID. OKAY. SO WE DO HAVE A MOTION TO APPROVE THIS REQUEST AT $12,000. CAN I GET A SECOND? I'LL SECOND. SECOND BY JOY. REQUEST APPROVED $12,000. ITEM 25 DASH 20 986. CONSIDER. [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by McKinney Main Street (PC 25-23) in the Amount of $14,000.00 for the Advertising, Marketing and Promotion of the 2025 McKinney Oktoberfest.] DISCUSS. PROMOTIONAL COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY MCKINNEY. MAIN STREET PC 25 DASH 23. IN THE AMOUNT OF 14,000 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 MCKINNEY OKTOBERFEST. FOR THIS PARTICULAR EVENT, THE SUBCOMMITTEE SUBCOMMITTEE RECOMMENDS AND I WANT TO MAKE A MOTION FOR THE FULL AMOUNT OF 14,000. SO WE HAVE A MOTION ON THE FLOOR. IS THERE ANY DISCUSSION ON THIS ITEM? MOTION TO APPROVE THIS REQUEST AT $14,000. CAN I GET A SECOND? I'LL SECOND. OKAY. MOTION MADE BY MARCUS. SECOND BY CHRIS. MOTION PASSES. THANK YOU. ITEM 25 DASH 20 987. CONSIDER. DISCUSS. PROMOTIONAL COMMUNITY [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by Art Club of McKinney (PC 25-24) in the Amount of $7,100.00 for the Advertising, Marketing and Promotion of 2025-2026 Events, Including Three Art Shows, Four Workshops, and Thirteen Community Events.] EVENT GRANT APPLICATION SUBMITTED BY THE ART CLUB OF MCKINNEY PC 25 DASH 24. IN THE AMOUNT OF $7,100 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 2026 EVENTS, INCLUDING THREE ART SHOWS, FOUR WORKSHOPS AND 13 COMMUNITY EVENTS. FOR THIS PARTICULAR EVENT, THE SUBCOMMITTEE RECOMMENDS AND I AM MAKING A MOTION FOR $4,200. OKAY, WE HAVE A MOTION ON THE FLOOR IN THE AMOUNT OF $4,200. IS THERE ANY DISCUSSION TO THIS RECOMMENDATION? NO DISCUSSION. CAN I GET A SECOND ON THIS MOTION? I'LL SECOND. SECOND BY JOY. THE MOTION PASSES. THANK YOU. ITEM 25 DASH 2988 EIGHT. CONSIDER DISCUSS PROMOTION OF [Consider/Discuss/Act on Promotional and Community Event Grant Application Submitted by Millennial Maven Creative Foundation (PC 25-25) in the Amount of $10,000.00 for the Advertising, Marketing and Promotion of the 2025 Rooted in Rhythm Event.] COMMUNITY EVENT GRANT APPLICATION SUBMITTED BY THE MILLENNIAL MAVEN CREATIVE FOUNDATION PC 2525. IN THE AMOUNT OF $1,000 FOR THE ADVERTISING, MARKETING AND PROMOTION OF THE 2025 ROOTED IN RHYTHM EVENT. YES, MADAM CHAIR, AND FOR THIS EVENT, THE SUBCOMMITTEE RECOMMENDS. AND I'M MAKING A MOTION FOR $4,000. WE HAVE A MOTION ON THE FLOOR TO RECOMMEND A MOTION TO APPROVE THIS ITEM AT $4,000. IS THERE ANY DISCUSSION ON THIS? I'D LIKE TO HEAR SOME CONTEXT. OKAY. CAN I HAVE SOME ADDITIONAL YOU HAVE ADDITIONAL CONTEXT ON THAT ONE. YEAH. I THINK MUCH OF WHAT WE'RE ENGAGING IN AS, AS JOY MENTIONED, IS WANTING TO START TO HELP CREATE A. TO CREATE A NARRATIVE OF WHAT IS THE WHAT IS THE PARTICULAR EVENT THAT WE'RE LOOKING FOR IN THE MIDST OF HOW MCKINNEY DOES WHAT IT DOES, WHAT'S THE STANDARD? AND THEN AS WE LOOK AT THAT, AND AS WE CONTINUE TO CREATE AN EVEN MORE IN-DEPTH RUBRIC ABOUT HOW WE MAKE THESE DECISIONS, WHICH WE DO IN THE MIDST OF OUR COMMITTEE. IF YOU'VE GOT SOMETHING THAT'S IDEAL, FULLY FUNDING, IT MAKES A LOT OF SENSE, PARTICULARLY IF IT'S BEEN AROUND AND IT'S SHOWN A LOT OF THINGS. AND SO FOR THIS ONE, WE REALLY LIKE THE EVENT. I REALLY LIKE HOW IT'S GOING, BUT IT'S A NEW EVENT. SO TO BE ABLE TO KIND OF SAY WE'RE GOING TO FUND THIS AT THE TOP EVERY TIME IT COMES THROUGH, WHILE WE'RE STILL LOOKING AT THE ISSUES AND THINKING THROUGH PUTTING MONEY BACK INTO THE TREASURY, WE LOOKED AT THE EVENT. WE SAID, WE LOVE THE EVENT. THERE'S A LOT OF IT THAT'S HAPPENING DOWN IN DALLAS, WHICH WE KNOW IS GOING TO BE A GREAT OPPORTUNITY FOR IT TO BRING SOME THINGS UP AS WELL. BUT IN THE MIDST OF THAT, AS A NEW EVENT, WE WANT TO GIVE IT A CHANCE TO SHOW ITSELF A BIT. SO WE WANTED TO SUPPORT IT BECAUSE WE LIKED IT, BUT WE DIDN'T THINK THAT IT WAS AT THE LEVEL JUST YET AND ITS EXISTENCE. TO GET THE FULL FUNDING OF THE PROMOTIONS COMMITTEE. THANK YOU. SO WHAT COMMUNICATION ARE WE PROVIDING TO SOME OF THESE ORGANIZATIONS OUTSIDE OF THIS DISCUSSION RIGHT HERE ON DAIS OF ARE YOU GETTING HALF CINDY? DOES STAFF HAVE SOME DISCUSSION WITH THEM THAT SAYS, HERE'S SOME THINGS THAT WE WOULD LOOK FOR POSSIBLY FUNDING MORE NEXT TIME. YES. AND I THINK THAT A LOT OF IT FOCUSES ON THE THINGS THAT MARCUS MENTIONED IN TERMS OF THE NEED TO SHOWCASE MCKINNEY FOR BUSINESS DEVELOPMENT AND TOURISM, BUT WE ALSO NEED TO TAKE INTO CONSIDERATION THE REACH OF THE EVENT. SO IF YOU LOOK AT THE AMOUNT ASKED ON A PER CAPITA BASIS AS AS ONE [00:55:07] MEASURE COULD BE CONSIDERED BY THE COMMITTEE, IT'S ALSO STRESSED THAT IT'S IMPORTANT FOR THESE GROUPS TO REALLY BE ABLE TO TRACK AND BE ABLE TO PROVIDE AND DOCUMENT THE RESULTS OF THE EVENT TO THIS BOARD IN THEIR FINAL REPORT, SO THAT GOING FORWARD, WE'VE GOT A ESPECIALLY IN THE CASE OF A NEW EVENT, HAVE SOME HISTORY AND SOME DATA TO SUPPORT THE EFFECTIVENESS AND THE REACH OF THE EVENT. I DON'T KNOW IF LINDA WANTS TO ADD. I KNOW YOU'RE IN CONSTANT CONTACT WITH THE APPLICANTS AS THEY GO THROUGH THE PROCESS. IF THEY DON'T SEE THEIR, THEY WILL REQUEST INFORMATION FROM ME AND WITHOUT BREAKING ANY CONFIDENTIALITY THAT MAY HAVE BEEN SHARED IN THE SUBCOMMITTEE MEETING, I DO GIVE THEM SOMEWHAT OF A LITTLE BIT OF A DISCUSSION. FOR EXAMPLE, OUR CLUB AND YOU MENTIONED COLLIN COUNTY MASTER GARDENERS, WHERE THEY HAVEN'T SPENT THEIR MONEY IN THE LAST COUPLE OF YEARS. WORK WITH THEM TOWARDS CREATING A PLAN WHERE THEY THEY HAVE THAT HIGHER SPEND TO ATTRACT THOSE KIND OF THINGS. OKAY. THANK YOU. IF I COULD, I WANTED TO ADD ONE THING TO THIS REQUEST. THIS WAS AN EVENT THAT WAS ORIGINALLY SCHEDULED FOR SPRING AND WAS CANCELED OR POSTPONED BECAUSE OF WEATHER AND RESCHEDULED TO THE FALL FOR THE SPRING EVENT. AND CDC PROVIDED SPONSORSHIP OF 2000, SO THAT SHOULD BE ABLE TO BE CARRIED FORWARD. IN ADDITION TO THE PROMOTIONAL GRANT THAT IS THAT WAS REQUESTED THIS TIME, WE OPTED TO DO SPONSORSHIP BECAUSE THE GROUP DID NOT HAVE AN OPPORTUNITY TO APPLY FOR PROMOTIONAL GRANT BECAUSE OF DEADLINES THAT HAD TO BE MET FOR THE ORIGINAL EVENT. IS THERE ADDITIONAL DISCUSSION? THE ONE THING WE ALWAYS LIKE TO SHARE WITH NEW APPLICANTS IS TO ALWAYS GO BACK AND LOOK AT THE MEETINGS OF PREVIOUS MEETING TO UNDERSTAND WHAT TYPE OF EVENTS ARE BEING PRESENTED TO THIS BOARD, WHAT ARE THOSE FUNDINGS? AND ALSO ALL THE REPORTS ARE ALWAYS ATTACHED TO THE AGENDA. SO TO OUR AGENDAS TO SEE OF WHAT THE METRICS AND THE MATRIX AND ALL OF THE THINGS OF THE RETURN ON THE INVESTMENT. SO WE ALWAYS ENCOURAGE APPLICANTS TO GO BACK. IF YOU DID NOT GET FUNDED AT YOUR FULL CAPACITY TO GO BACK AND LOOK AT MAYBE A ORGANIZATION THAT DID GET FUNDED AND FIND OUT WHAT WAS IT THAT MADE THAT ORGANIZATION GET FUNDED TO ITS FULL CAPACITY. SO THOSE ARE THINGS WE TYPICALLY TRY TO SHARE. AND I KNOW IN YEARS PAST WE HAD TALKED ABOUT EVEN DO WE TALK ABOUT DOING LIKE DOING WORKSHOPS OR SOMETHING OR TO WEBINARS TO TRY TO HAVE APPLICANTS TO, YOU KNOW, LOOK AND SEE WHAT WE'RE WHAT WE'RE LOOKING FOR AND WHAT'S BEING DONE TO SHOWCASE MCKINNEY. SO THAT SO WITH LET ME GO BACK. WE DO HAVE A MOTION ON THE FLOOR TO APPROVE THIS REQUEST AT $4,000. MADAM CHAIR, I'D LIKE TO JUST SAY ONE MORE THING IN THE MIDST OF THAT TOO. RIGHT. OBVIOUSLY, WE TAKE OUR JOB VERY SERIOUSLY ABOUT DEALING WITH THE COMMUNITY'S MONEY. AND I THINK WHAT YOU SAID IN THAT LAST PLACE IS, IS REALLY IMPORTANT. THERE ARE SOME EVENTS THAT JUST KNOCK IT OUT OF THE PARK. AS FAR AS ALL THE THINGS THAT ARE IN THE MIDST OF OUR RUBRIC AS WE'RE GOING, AND WE WANT TO MAKE SURE THAT WE ARE HIGHLIGHTING THAT BY GIVING THE FULL FUNDING AND PEOPLE CAN SEE THAT IF WE'RE KNOWN AS A PLACE THAT PEOPLE COME AND THEY CAN JUST PUT A NUMBER IN AND THEY'RE JUST GOING TO GET IT, THEN THAT DOESN'T HELP US REALLY MOVE THE VISION AND THE STRATEGY OF WHAT WE WANT TO DO, AND TRYING TO ENCOURAGE THESE TYPES OF EVENTS THAT ARE GOING TO SOLVE SOME OF THE THINGS THAT WE'RE WANTING TO SEE AS FAR AS HOW MCKINNEY IS GOING TO BE REPRESENTED. SO YOU'RE PROBABLY GOING TO SEE A LITTLE BIT MORE OF THAT FROM OUR COMMITTEE. I KNOW AS WE AS WE CONTINUE TO PUT THESE RUBRICS TOGETHER. SO THERE'S A LOT OF REALLY GOOD FOLKS WHO COME IN. AND IF YOU CAN AGAIN, TO YOUR POINT, WATCH THAT, SEE HOW THEY'RE DOING IT, THEN THAT'S A GREAT WAY FOR YOU TO COME IN AND KNOW HOW TO PLAN AND BRING YOUR EVENT, BUT ALSO UNDERSTAND THE KIND OF ASK THAT YOU'RE GOING TO DO TO THE COMMITTEE AS WELL. SO I JUST WANT TO ENGAGE THAT. SO YEAH, I'LL STAND WITH THE IN THE MIDST OF THE LAST COMMENT. SO I THINK THAT ALL OF THIS IS GOOD. I APPRECIATE THE FACT THAT WE'RE HAVING DIALOG, BECAUSE THAT HELPS TO ENCOURAGE IN CASE THERE ARE QUESTIONS, SO THAT WE WERE ABLE TO HAVE AN OPEN DISCUSSION OVER THE DAIS TO KIND OF LOOK AT WHAT WE LOOK FOR AND WHEN IT'S UNDERFUNDED TO DISCUSS PUBLICLY WHY. BUT I ALSO HOPE THAT WE WILL CONTINUE WITH THAT SUGGESTION TO PROVIDE SOME TYPE OF TRAINING OR SOMETHING THAT WE COULD DO TO KIND OF HELP ALONG THAT PATH AS WELL. THANK YOU. OKAY. WE HAVE A MOTION ON THE FLOOR TO APPROVE THIS ITEM AT $4,000. CAN I GET A SECOND? SECONDED. IT'S ALREADY BEEN SECONDED BY JOY. MOTION PASSES. THANK YOU. OKAY. ALL RIGHT. MOVING ON. TODAY WE WILL HEAR [01:00:09] FIVE PROJECT GRANT. OH, I WANT TO SAY THANK YOU TO THE SUBCOMMITTEE FOR DOING THAT. AS WE ALWAYS ARE GROWING WITHIN THE BOARD AND ON THE SUBCOMMITTEES, I THINK WE ARE ALWAYS TRYING TO DO BETTER AND IMPROVE AND ENSURING THAT WE ARE DOING OUR JOBS BECAUSE WE ARE STEWARDS OF THE TAXPAYER MONEY. SO THANK YOU TO THE BOARD FOR YOUR DUE DILIGENCE IN REVIEWING THESE APPLICATIONS. AND AGAIN TODAY WE WILL HEAR FIVE PROJECT GRANT APPLICANTS. EACH APPLICANT WILL HAVE FIVE MINUTES TO PRESENT, AND THEN THE BOARD WILL HAVE THE OPPORTUNITY FOR QUESTIONS AND DISCUSSION. SO IT WILL BE THE TIMER WILL BE SHOWN ON THE SCREEN. SO PLEASE IF YOU CAN ADHERE TO THE TIMER SO THAT EVERYONE HAS AN OPPORTUNITY TO PRESENT AND THAT THE BOARD, IF [Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by The Harbor at Adriatica Master Condominium Association, Inc. (4B25-12) in the Amount of Two Hundred Thirty-Three Thousand One Hundred Thirty-Seven and No/100 Dollars ($233,137.00) to Replace the Code-Required Fire Suppression System Within the Structured Parking Facility Containing 438 Public Parking Spaces Located at 6675 Mediterranean Drive, McKinney, Texas. Request Represents 72% of Total Project Cost.] THERE ARE QUESTIONS OR DISCUSSIONS, ARE ABLE TO DO SO. FIRST ITEM IS 25 DASH 2989. CONDUCT A PUBLIC HEARING AND DISCUSS ACT, CONSIDER, DISCUSS, ACT ON THE PROJECT GRANT APPLICATION SUBMITTED BY THE HARBOR AT THE ADRIATICA MASTER CONDOMINIUM ASSOCIATION, INCORPORATED OR BE 25 DASH 12. IN THE IN THE AMOUNT OF 200,333 31,000. I CAN'T READ TWO 230 $33,137 TO REPLACE THE CODE REQUIRED FIRE SUPPRESSION SYSTEM WITHIN THE STRUCTURED PARKING FACILITY CONTAINING 438 PUBLIC PARKING SPACES LOCATED AT 6675 MEDITERRANEAN DRIVE, MCKINNEY, TEXAS. REQUEST REPRESENTS 72% OF THE TOTAL PROJECT COST, AND IT WILL BE PRESENTED BY CAROLINE. GOOD MORNING EVERYONE. CAN YOU ALL HEAR ME? OKAY. YEP. OKAY. BEFORE I BEGIN, I JUST WANT TO RECOGNIZE THAT THIS REQUEST MAY BE CONSIDERED A LITTLE UNUSUAL. IT SEEKS PUBLIC PARTICIPATION IN THE REPLACEMENT AND NOT INSTALLATION OF INFRASTRUCTURE. BUT I BELIEVE THAT COMPREHENSIVE VIEW OF ADRIATICO WARRANTS THOUGHTFUL CONSIDERATION ON THIS REQUEST. IT'S NOT A TYPICAL PRIVATE DEVELOPMENT. IT IS A DISTINCTIVE, MASTER PLANNED, MIXED USE COMMUNITY WITH TREMENDOUS BROAD PUBLIC ENGAGEMENT THAT REPRESENTS NEARLY A QUARTER OF $1 BILLION IN AD VALOREM VALUE AND GENERATES SUBSTANTIAL RETAIL SALES AND SERVICE REVENUE FOR THE CITY OF MCKINNEY. OVER THE PAST TWO DECADES, ADRIATICA HAS RECEIVED APPROXIMATELY 1.6 MILLION IN INFRASTRUCTURE GRANTS, REPRESENTING JUST 0.006% OF ITS TOTAL PROPERTY VALUE WHEN COMPARED WITH THE UPFRONT PUBLIC INFRASTRUCTURE INVESTMENTS MADE IN OTHER MIXED USE DEVELOPMENTS LIKE DISTRICT 121, HUB ONE, 21, REST GROVE, DAVIS ON THE SQUARE AND MANY OTHER SUPPORTED BY THIS BOARD. THIS REQUEST IS ACTUALLY MODEST IN SCALE, YET VERY SIGNIFICANT IN ITS IMPACT. THE DIFFERENCE IN THIS CASE IS TIMING. IT'S NOT PURPOSE, WHEREAS OTHER DEVELOPMENTS RECEIVE TENS OF MILLIONS IN EARLY STAGE PUBLIC INVESTMENT. WE ARE REQUESTING PROPORTIONATE PARTICIPATION IN A CRITICAL REPLACEMENT OF INFRASTRUCTURE THAT SUPPORTS A SPACE WITH UNDENIABLE PUBLIC BENEFIT. HISTORICALLY, IT'S WORTH NOTING THAT THE PARKING STRUCTURE AT DISTRICT 121 WAS PAID FOR IN FULL BY THE CITY. THE CHESTNUT STREET GARAGE IN DOWNTOWN MCKINNEY WERE ALSO FULLY FUNDED AND ARE CURRENTLY MAINTAINED BY THE CITY AND AT DAVIS ON THE SQUARE. THE CITY CONTRIBUTED LAND AND MILLIONS IN INCENTIVES IN EXCHANGE FOR WHAT I BELIEVE TO BE APPROXIMATELY 100 PUBLIC SPACES. IN CONTRAST, A PUBLIC COMPONENT IN ADRIATICA GARAGE HAS RECEIVED NO PUBLIC OPERATIONAL SUPPORT OR INVESTMENT, DESPITE YEARS OF PUBLIC ACCESS AND BENEFIT. THIS REQUEST SIMPLY ASKS THE CITY TO SHARE IN THIS CRITICAL LIFE SAFETY INFRASTRUCTURE INFRASTRUCTURE ITEM FOR A PUBLIC SERVING ASSET. IF GRANTED, IT WOULD REPRESENT A FRACTION OF THE INVESTMENT MADE IN SIMILAR PROJECTS YET TO DELIVER MEANINGFUL IMPACT FOR A FACILITY THAT CONTINUES TO SERVE MCKINNEY'S RESIDENTS, VISITORS AND BUSINESSES EVERY DAY. SO LET'S EXPLORE ADRIATICA A LITTLE BIT. IT HAS MANY AMENITIES, INCLUDING A MULTI ACRE OPEN GREEN SPACE AND AMPHITHEATER, AND WE ARE TALKING SPECIFICALLY ABOUT THE 609 SPACE PARKING GARAGE BUILT IN 2007. AND BEFORE I MOVE ON, I DO WANT TO ACKNOWLEDGE AND THANK THIS BOARD FOR THE GRANT WE RECEIVED IN 2022 TO HELP TRANSFORM THE AMPHITHEATER SPACE TO A BEAUTIFUL SPACE FOR COMMUNITY GATHERINGS. I DON'T KNOW IF YOU'VE HAD THE CHANCE TO MAYBE VISIT IT RECENTLY, BUT IT IS CONSTANTLY IN USE. ANY GIVEN WEEKEND, THERE IS A LINE TO MUCH OF THE RESIDENTS DETRIMENT A LINE THROUGH THE ROUNDABOUT OUT TO THE OTHER SIDE OF THE DEVELOPMENT, WAITING FOR A SPACE TO GET ON THE AMPHITHEATER. WE SEE MARRIAGE PROPOSALS, CEREMONIES, GENDER REVEALS, QUINCEANERA EVENTS, PICNICS. WE SEE ALL KINDS OF EVENTS, AND IT'S VERY REWARDING TO SEE THE IMPACT OF YOUR SUPPORT HAS HAD ON THIS AREA. THIS IS ONE OF THE MOST, IF NOT THE MOST PHOTOGRAPHED AREA IN MCKINNEY. WE SEE 12 TO 15 EVENTS EVERY YEAR ORGANIZED BY THE ASSOCIATION, AND OUR OVERALL [01:05:03] MISSION IS TO BRING COMMERCE AND COMMUNITY TOGETHER BY OFFERING A BEAUTIFUL PLACE FOR THE COMMUNITY TO GATHER. THE PARKING GARAGE SERVES AS ONE OF THE VITAL ASSETS THAT MAKES THIS POSSIBLE. EACH WEEK WE SEE HUNDREDS, SOMETIMES THOUSANDS, DEPENDING ON THE TIME OF YEAR OF VISITORS PROM PHOTOS. 300 TEENAGERS WILL JUST COME IN AND INVADE. A LOT OF THESE PUBLIC EVENTS DO NOT ACTUALLY TRANSLATE TRANSLATE TO REVENUE FOR THE BUSINESSES. SO FOR OVER 15 YEARS, THE HARBOR ASSOCIATION HAS SHOULDERED THE COST THAT MAKES THIS PUBLIC ACCESS POSSIBLE AND REMAIN COMMITTED TO DOING SO. AND WE RESPECTFULLY REQUEST THE CITY SUPPORT IN FUNDING THE REPLACEMENT OF THE FIRE SUPPRESSION SYSTEM, WHICH IS A CRUCIAL PIECE OF THAT INFRASTRUCTURE. IN ADDITION TO MAINTAINING THE PARKING GARAGE, THE HARBOR ASSOCIATION SHOULDERS THE COST OF MANY PUBLIC FACING SERVICES, INCLUDING PUBLIC RESTROOMS, TRASH REMOVAL, SAFETY INSPECTIONS, INSURANCE, COURTESY PATROL AND THIS IS ALL TO DEAL WITH THE OVERWHELMING PUBLIC ACCESS THAT THIS AREA SEES EVERY SINGLE DAY. SO HERE'S A BREAKOUT OF WHAT THE ASSOCIATION PAYS ON AN ANNUAL BASIS. THE ANNUAL BUDGET IS ABOUT $406,000 AND HAS BEEN OVER THE LAST 15 YEARS. IN TOTAL, THEY'VE SPENT ABOUT 5 TO $6 MILLION IN MAINTAINING AREAS THAT, IN LARGE PART BENEFIT THE PUBLIC. ONE OF THE MOST NOTABLE BURDENS IS THAT 340% 46% INCREASE IN INSURANCE PREMIUMS, WHICH ISN'T JUST DUE TO THE INSURANCE MARKET, IT'S ALSO DUE TO THE MANY FAILURES AND BREAKS OF THE FIRE SUPPRESSION SYSTEM THAT HAVE INCREASED DRAMATICALLY AS OF LATE. ADDITIONALLY, IN THE LAST 12 MONTHS, THE ASSOCIATION HAS SPENT $70,000 PURELY ON REPAIRING THE BROKEN FIRE SUPPRESSION SYSTEM. THE REALITY IS THE SYSTEM IS BREAKING. IT'S BREAKING FREQUENTLY AND VERY EXPENSIVELY. EVEN JUST ONE PINHOLE LEAK IN THE WHOLE FIVE STORY GARAGE RESULTS IN TENS OF THOUSANDS OF DOLLARS IN FIRE WATCH AND MAINTENANCE COSTS OR REPAIR COSTS. SO OVER THE LAST 15 YEARS, THE ASSOCIATION HAS SHOULDERED THE COST IN MAINTAINING THIS VERY PUBLICLY UTILIZED ASSET. WE HAVE RETAINED THREE BIDS AND CHOSEN A VENDOR. THIS PARTICULAR VENDOR HAS WORKED ON THE SYSTEM FOR OVER A DECADE, IS VERY INTIMATE, FAMILIAR, INTIMATELY FAMILIAR WITH IT. WE ARE SEEKING TO REPLACE THE SYSTEM INTO A SYSTEM THAT WILL TRIPLE ITS USEFUL LIFE. DO I HAVE ANY QUESTIONS? GOOD JOB. SO I KNOW THE APPLICATION AND ALL THE ATTACHMENTS WERE THERE. NOW WE WILL OPEN UP A COUPLE OF QUESTIONS. SO YOU'RE SAYING INSURANCE PREMIUMS HAVE INCREASED DUE TO THE FIRE SUPPRESSION? IS THERE EXPECTATION ONCE IT IS THAT THE PREMIUM COULD BE REDUCED MAY GO DOWN. WE THERE IS A POSSIBILITY OF THAT. IN ADDITION TO THE BREAKS IN THE FIRE SUPPRESSION SYSTEM, THERE'S A SIGNIFICANT LIABILITY EXPENSE. THE ASSOCIATION HAS BEEN THROUGH SEVERAL LAWSUITS AS A RESULT OF THE PUBLIC ACCESSING THAT GREEN SPACE. PARTICULARLY ONE IN PARTICULAR WAS A TRIP AND FALL CASE. LADY WAS IN HEELS TRYING TO DO A PROM PHOTO SHOOT, FELL AND BROKE HER ANKLE. SO WHILE A LOT OF IT IS CONTRIBUTED TO THE BREAKS IN THE FIRE SUPPRESSION SYSTEM, THERE IS ALSO A SIGNIFICANT COMPONENT THAT IS JUST PUBLIC LIABILITY. SO WHILE WE EXPECT WHAT WE'VE SEEN IN OTHER ASSOCIATIONS IS THEY HAVE COME DOWN DUE TO THE GENERAL INSURANCE MARKET RECOVERING FROM ITS CRISIS STATE OVER THE LAST COUPLE OF YEARS, WE HAVE SEEN A LITTLE BIT OF A DROP, BUT I THINK THE INSURANCE WILL STILL REMAIN PRETTY EXPENSIVE OVERALL. AND WITH THE AD VALOREM TAXES IN THAT AREA, WHICH IS DO YOU HAVE WHAT THAT GENERAL WHAT IT'S GENERATING? I DO NOT, BUT I CAN GET THAT FOR YOU AT A LATER DATE. YEAH. OKAY. OTHER ADDITIONAL QUESTIONS. I HAVE A QUESTION. THANK YOU SO MUCH FOR ELABORATING ON THE MANY WAYS IN WHICH THE PUBLIC JUST SORT OF VOLUNTARILY SHOWS UP FOR PHOTO TAKING AND PROPOSALS AND THINGS OF THAT NATURE. I THINK THE IF I RECALL, THE APPLICATION ALSO STATED THAT THE ADRIATICA BUSINESS ASSOCIATION WAS A SPONSOR OF MANY THINGS LIKE THE EASTER EGG HUNT OR MORE SORT OF OFFICIAL EVENTS THAT MORE FORMALLY DRAW PEOPLE IN. IT'S MY UNDERSTANDING THAT THE ADRIATICA BUSINESS ASSOCIATION DOESN'T EXIST ANYMORE. IS THAT ACCURATE? YES, IT WAS RUN BY REGINA RE, WHO OWNS IT, AND SHE RESIGNED. AND THE ASSOCIATION COMMUNITY EVENTS ARE NOW ORGANIZED BY THE ADRIATICA MASTER ASSOCIATION. SO THOSE RESPONSIBILITIES HAVE BEEN TRANSITIONED TO THE AMA. AND THAT IS DIFFERENT FROM THE HARBOR ASSOCIATION. YES. SO CAN YOU SAY IT AGAIN? THE ADRIATICA MASTER ADRIATICA MASTER ASSOCIATION. OKAY. AND SO THE HARBOR IS A MEMBER OF. SO THE HARBOR IS ESSENTIALLY ANOTHER ASSOCIATION WITHIN ADRIATICA. AND THERE ARE SOME SHARED EXPENSES. BUT THE HARBOR MAINTAINS EVERYTHING BY THE WATER. OKAY. AND THEN THE ADRIATICA MASTER ASSOCIATION WILL CONTINUE WITH THE LARGER SCALE EVENTS. YES. OKAY. THANK YOU. ADDITIONAL QUESTIONS. [01:10:06] QUESTIONS. SO I HAVE A QUESTION. THERE'S A PORTION OF THE PARKING GARAGE THAT IS NOT ACCESSIBLE TO THE PUBLIC. WELL, RESERVE SPACES FOR RESIDENCES. YES. ABOUT THE PROPORTION OF THOSE. OH YES, I DO HAVE IT. I THINK I HAVE IT. SO WHAT WE DID TO DETERMINE THE PUBLIC VERSUS PRIVATE USE OF THE PARKING GARAGE, ALL OF THOSE PRIVATE SPACES ARE ACTUALLY CONDOMINIUMS OUT ON CALLING CAD. AND SO WHEN WE LOOKED AT THE VALUE ON CALLING CAD, WE TOOK JUST THE VALUE ASSIGNED TO THE PUBLIC DESIGNATED USE OF THAT PARKING GARAGE. SO ANY OF THE PRIVATELY USED SPACES FOR THE OFFICES OR THE RESIDENTS OF ADRIATICA ARE DEEDED SEPARATELY IN CAD. RIGHT. SO I THINK WHAT YOU'RE SAYING IS THAT THE TOTAL PROJECT FOR THE GARAGE IS 323,000, AND WHEN YOU PRORATE THE PUBLIC PORTION, THAT'S THE 72%. YES. OKAY. SO WE'RE NOT BEING ASKED TO PAY FOR RESIDENCES, FIRE SUPPRESSION. THEY'RE GOING TO CONTRIBUTE TO WHATEVER AMOUNT. AND WE'RE PAYING FOR THE PUBLIC. YOU'RE ASKING US TO PAY FOR THE PUBLIC PORTION. CORRECT. SO THERE'S ACTUALLY TWO FIRE SUPPRESSION SYSTEMS. ONE IS A WET SYSTEM WHICH SERVICES ALL THE PRIVATE RESIDENCES IN THE OFFICES, AND THE DRY SYSTEM, WHICH SOLELY SERVES THE OUTER VENUE OF THE PARKING GARAGE FOR THE PUBLIC. SO IT DOESN'T ACTUALLY CARRY WATER TO PEOPLE'S UNITS OR PEOPLE'S OFFICES, IT JUST SERVICES THE PARKING GARAGE. OKAY. THANK YOU. AND I GUESS THE ONE THING WE ALL KNOW THAT THAT AREA IS EVERYBODY HAS BEEN OVER THERE TO TAKE PICTURES. MY CHILDREN HAVE TAKEN MULTIPLE PROM PICTURES AND ALL THE GRADUATION PICTURES. SO WE DO KNOW THAT THIS IS A WIDELY USED INFRASTRUCTURE OVER THERE BY THE PUBLIC. AND I THINK, YOU KNOW, WHEN WE LOOK AT THESE PROJECTS IN THESE REQUESTS, IDENTIFYING BECAUSE I KNOW THERE'S A LOT OF CONCERN THAT THIS IS ADRIATICA, THIS IS, YOU KNOW, ONE COULD ASSUME, YOU KNOW, THAT IT COULD PAY FOR ITSELF, BUT THIS IS ALSO THE AREA THAT IS USED MORE SO BY THE PUBLIC THAN BY THE RESIDENTS THAT LIVE. THERE. IS THERE ADDITIONAL DISCUSSION ON THIS ITEM? THIS IS A PUBLIC HEARING. IS THERE ANYONE ELSE HERE TO TALK TO THIS PUBLIC COMMENT? OKAY. AND IF YOU WANT TO TALK PUBLIC USE, TAKE A LOOK AT HOW BUSY THAT PARKING GARAGE WHEN A HAILSTORM IS. FORECAST. HAS ANYBODY BEEN OVER THERE? YOU KNOW PERSONAL. THAT THING IS FULL. YEAH THAT'S TRUE. NO ADDITIONAL. AGAIN THIS IS A PUBLIC HEARING. THANK YOU. CAROLINE, CAN I GET A MOTION TO CLOSE THIS PUBLIC HEARING OR TO LEAVE IT OPEN? I'LL MOVE TO CLOSE THE PUBLIC HEARING. MOVE TO CLOSE THE PUBLIC HEARING BY DAVID. I'LL SECOND. SECOND BY JOY. [Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by McKinney Main Street (4B25-13) in the Amount of Eighty Thousand and No/100 Dollars ($80,000.00) to Fabricate and Install a Fifty-Foot Neon Monument Sign to Promote Historic Downtown McKinney Located on City Right of Way Median at the Northeast Intersection of Highway 75 and Virginia Street, McKinney, Texas. Request Represents 45% of Total Project Cost.] MOTION PASSES TO CLOSE THE PUBLIC HEARING. NEXT ITEM 20 5-2990. CONDUCT A PUBLIC HEARING. CONSIDER. DISCUSS. ACT ON A PROJECT GRANT APPLICATION SUBMITTED BY MCKINNEY MAIN STREET FOR B 2513, IN THE AMOUNT OF $80,000 TO FABRICATE AND INSTALL A 50 FOOT NEON MONUMENT SIGN TO PROMOTE HISTORIC DOWNTOWN. LOCATED ON THE CENTER RIGHT OF WAY MEDIAN OF THE NORTHEAST INTERSECTION OF HIGHWAY 75 AND VIRGINIA STREET, MCKINNEY, TEXAS REQUEST REPRESENTS 45% OF THE TOTAL PROJECT COST. PRESENTED BY ANDREW. THANK YOU, MADAM CHAIR AND CDC BOARD. ANGELA, GREAT JOB READING ALL THESE VERY LONG QUOTES. CULTURAL DISTRICT DIRECTOR SO VERY EXCITED TO KIND OF SHARE A COOL PROJECT HERE. INSPIRED BY A LOT OF THE, YOU KNOW, NEON SIGNS THAT WE CURRENTLY HAVE IN DOWNTOWN. YOU GO TO VISIT MCKINNEY OR A LOT OF THOSE OTHER, YOU KNOW, STORES DOWNTOWN THAT HAVE UTILIZED OUR CURRENT NEON SIGN AS ICONOGRAPHY FOR DOWNTOWN. AND, YOU KNOW, WE WANT TO BUILD ON THAT KIND OF LEGACY THAT WAS ALSO SUPPORTED BY THE MCDC BOARD. SO HOPEFULLY BY NOW, YOU KNOW A LITTLE BIT ABOUT MCKINNEY MAIN STREET AND KIND OF WHAT WE DO FOR THE HISTORIC DISTRICT. SO I WON'T GO TO HERE, BUT THIS IS ULTIMATELY OUR VISION IS A VIBRANT DOWNTOWN, THE HEARTBEAT OF MCKINNEY SINCE 1848, SOMETHING THAT WE REALLY CONSIDER A GEM FOR MCKINNEY. JUST SOME STATS ABOUT HERE, YOU KNOW, AND THEN LET'S JUST GO STRAIGHT INTO THE PROJECT. YOU KNOW, DOWNTOWN WE IT IS A GEM, BUT WE WANT TO MAKE SURE IT'S NOT A HIDDEN GEM. WE WANT TO INCREASE ITS VISIBILITY ON A MAIN ARTERY THAT CONNECTS [01:15:06] TO DOWNTOWN. AND THAT'S REALLY THE ARTERY OF, YOU KNOW, LOUISIANA AND VIRGINIA. AND 75. THAT INTERSECTION SEES THE MOST AMOUNT OF TRAFFIC GOING IN AND OUT OF DOWNTOWN. I THINK PEOPLE REALLY ENJOY KIND OF GOING THROUGH THE HISTORIC DISTRICT. AND THEN OUR KIND OF OPENED UP TO THE TO THE ACTUAL SQUARE, RIGHT AS THEY COME PAST, YOU KNOW, THE MITCHELL PARK. SO WE'RE VERY EXCITED. THE IDEA BEHIND THIS MONUMENT SIGN REALLY CAME FROM CONVERSATIONS WITH A MARKETING FIRM THAT MCKINNEY MAIN STREET HIRED CALLED TRG. THEY DID RESEARCH ON PEOPLE THAT HAVE NOT YET BEEN TO DOWNTOWN MCKINNEY. THAT'S A REALLY INSIGHTFUL THING. THAT'S SOMETHING THAT WE DON'T HAVE A CHANCE TO REALLY GET ACCESS TO VERY OFTEN. IT'S REALLY DIFFICULT TO KIND OF GET THAT DATA. BUT ONE OF THE THINGS THAT WE FOUND FROM VISITORS WHO HAVEN'T YET BEEN TO DOWNTOWN IS THAT THEY DIDN'T KNOW EXACTLY WHERE DOWNTOWN WAS. THEY UNDERSTAND THAT MOST PEOPLE'S INTERACTIONS WITH MCKINNEY ARE ALONG THE ARTERIAL HIGHWAYS AND THE INTERSTATE SYSTEM, AND THEY DIDN'T REALLY HAVE A CLEAR PICTURE OF WHERE DOWNTOWN WAS FROM THOSE ARTERIALS. KIND OF TAKE A LOOK AT SOME OF THE DAY AND NIGHT TIME VIEWS OF THE SIGN. ONE OF THE THINGS I ALSO WANT TO TALK ABOUT IS WE'RE ABOUT TO ENGAGE WITH TEX-DOT AND A LONG INFRASTRUCTURE RECONSTRUCTION OF HIGHWAY FIVE, WHICH IS OUR OTHER ARTERIAL ENTRANCE THAT'S GOING TO BE UNDER CONSTRUCTION FOR CLOSE TO 3 TO 4 YEARS. THIS WILL ALSO HELP TO ALLEVIATE SOME OF THAT AND BRING RECOGNITION TO THE DISTRICT AS WELL. ULTIMATELY, WE BELIEVE THERE'S GOING TO BE A VERY STRONG IMPACT FOR THE DISTRICT IN ITS VISIBILITY. ONE OF THE THINGS WE TALK ABOUT, WHAT IS THE FUNCTION OF A MONUMENT SIGN IS REALLY TO INCREASE THE AWARENESS THAT THIS IS THE ENTRANCE INTO HISTORIC DOWNTOWN, NOT NECESSARILY GETTING PEOPLE OFF THAT THAT DAY. YOU KNOW, IF I'M, YOU KNOW, COMMUTING TO WORK EVERY SINGLE DAY, I MAY NOT PULL OVER, BUT NOW I'LL HAVE A REALLY CLEAR REFERENCE AS TO WHERE DOWNTOWN IS IN RELATION TO THE OTHER PARTS AND PLACES OF INTEREST IN THE CITY. AGAIN, HERE'S THE LOCATION. THERE IS A PROPOSED TO BE SOME WORK THERE TO WIDEN THAT MEDIAN AS WELL. BUT ONE OF THE THINGS THAT WE HAD EXTENSIVE CONVERSATIONS WITH OUR TRAFFIC AND ENGINEERING TEAM TO MAKE SURE THAT THE DESIGN OF THIS MONUMENT SIGN FITS AND, YOU KNOW, HAS ENOUGH, YOU KNOW, SPACING FROM THE STREET. SO SOME DESIGN SPECS WE'RE LOOKING AT ABOUT 50FT TALL. THE IDEA IS SO THAT THERE IS VISIBILITY FROM 75. IF YOU LOOK AROUND THAT INTERSECTION THERE'S A LOT OF TALL TALL SIGNAGE ALREADY AND TALL LIGHTS. AND SO WE WANTED TO MAKE SURE SOME SIGNAGE OVER 100FT TALL ALREADY THERE. AND SO WE WANTED TO MAKE SURE THAT THIS FIT REALLY NICELY WITHIN THAT INTERSECTION. TIMELINE. WE CAN MAKE A DEPOSIT STARTING THIS THIS MONTH. AGAIN, WE DO HAVE FUNDING FROM HOTEL TAX FOR A BIG PORTION OF THIS. AND THEN WE CAN GET INSTALL, YOU KNOW, RELATIVELY QUICK. THE ACTUAL MECHANISMS FOR HOW THEY INSTALL THE SIGN ARE PRETTY, PRETTY FAST. SO AND HOPEFULLY WRAPPING UP BY THE END OF OCTOBER. THIS IS A BUDGET DESIGN FABRICATION AND INSTALLATION IS 140,000. AND THEN THERE IS A LOT. THERE'S SOME SITE PREP THAT WOULD BE REQUIRED AS WELL AS LANDSCAPING. WE WANT TO MAKE THE LANDSCAPING ATTRACTIVE, BUT ALSO MAKE IT VERY CLEAR THAT THERE'S NO WAY FOR A PEDESTRIAN TO KIND OF GET AROUND THAT SIGN. SO ULTIMATELY, RESPECTFULLY REQUEST 80,000 FOR THE PROJECT, AND I'LL STAND FOR ANY QUESTIONS. SO I'LL MAKE A COUPLE OF COMMENTS AND THANK YOU FOR RESPONDING TO SOME OF OUR QUESTIONS THAT WE, WHEN WE GOT THE APPLICATION OR THE PROPOSAL, BECAUSE ONE OF MY CONCERNS WAS IF THE IDEA WAS TO ATTRACT PEOPLE TO EXIT, WELL, THEY'VE ALREADY PASSED IT. IF YOU DIDN'T EXIT WAY BACK AT EL DORADO, COMING FROM THAT WAY AND ALSO COMING NORTHBOUND DOWN SOUTH, GOING SOUTH. SO I APPRECIATE YOU BECAUSE, YOU KNOW, THAT WAS A CONCERN. BEAUTIFUL. AND I ALSO WAS CONCERNED ABOUT IS THIS GOING TO BE A DISTRACTION, YOU KNOW, AS YOU'RE DRIVING DOWN, BEING IN THE MIDDLE OF THAT MEDIAN, IS IT GOING TO BE THIS BIG NEON SIGN BEING A DISTRACTION? BUT THANK YOU FOR PROVIDING ME WITH THE ADDITIONAL CONTEXT AND THE REPORTS AND THE RESEARCH THAT HAD ALREADY BEEN DONE BEFORE THIS WAS BROUGHT FORTH. SO THANK YOU. ARE THERE ANY QUESTIONS? THIS IS A PUBLIC [01:20:01] HEARING. I WOULD LIKE TO JUST GET A BETTER ORIENTED TO WHERE EXACTLY THIS IS GOING. SO JUST FOR EXAMPLE, IF I WAS IN THE SPROUTS PARKING LOT AND I'M ENTERING OUT AND HEADING EASTBOUND ON VIRGINIA, IS THIS SIGN BEFORE THE OVERPASS OR AFTER? SORRY. SO YOU'RE HEADING FROM SPROUTS. SO THIS WOULD BE AFTER THE AFTER YOU GO UNDER UNDER 75. OKAY. BUT IF I'M GETTING OFF ON IF I'M ON 75 AND I'M GETTING OFF ON VIRGINIA. YES. WHERE AM I. SO THAT I'M, THAT I'M SEEING IT JUST AS SOON AS I GET OFF? YOU'LL SEE IT IF YOU'RE AT THAT INTERSECTION OF, YOU KNOW, THE ACCESS ROAD AND VIRGINIA, YOU'LL SEE IT AS YOU TURN RIGHT. IT'LL BE IN A MEDIAN ABOUT, YOU KNOW, 20FT OFF OF THE INTERSECTION. REALLY, THE IDEA IS VISIBILITY OFF OF 75. THAT'S THE LOCATION IN COORDINATION WITH OUR ENGINEERING TEAM AND OUR AND THEN OUR TRAFFIC TEAM, THAT'S THEY WANT TO PULL IT BACK. AND WE ALSO NEED ENOUGH SPACE THAT IS, YOU KNOW, OWNED BY THE CITY OR IN CITY RIGHT AWAY. SO THERE WAS A LOT OF KIND OF DISCUSSIONS AS TO WHERE THAT COULD GO. AND WE ALSO WANTED TO HAVE CLEAR VISIBILITY FROM 75. OKAY. HAVE THERE BEEN ANY DISCUSSIONS I GUESS WITH TEXDOT WHEN YOU'RE ON 75, APPROACHING VIRGINIA OR EVEN APPROACHING EL DORADO, YOU KNOW, IT'LL SAY DOWNTOWN MCKINNEY, USE EXIT 42 OR WHATEVER THE CASE MAY BE LIKE, YOU KNOW, YOU SEE, LIKE AIRPORT, THE BROWN SIGN, THINGS LIKE THAT. YEAH, SOMETHING LIKE THAT. I MEAN, BECAUSE THERE AREN'T THOSE NOW, ARE THERE? YEAH, THERE ARE. AND I THINK THAT, YOU KNOW, THERE'S ACKNOWLEDGMENT THAT IF WE WERE, IF YOU COMPARE US TO OTHER LARGE SHOPPING DISTRICTS THAT HAVE REALLY LIKE, I THINK YOU SHOPS OF FAIRVIEW OR ALLEN ARE REALLY GOOD EXAMPLE, THEY'RE GOING TO HAVE, YOU KNOW, 670, 80 FOOT TALL SIGNS WITH BIG BILLBOARDS, YOU KNOW, IN SUCCESSION. THERE'S NOTHING LIKE THAT THAT, YOU KNOW, WE AND WE WOULD NEVER WANT TO HAVE SOMETHING LIKE THAT FOR, FOR THE HISTORIC DISTRICT. BUT THIS THIS IS KIND OF AN ANSWER TO THAT, I WOULD SAY IS JUST SHOWING VERY CLEARLY TO THE PUBLIC WHERE THE ENTRANCE TO, TO THE HISTORIC DISTRICT STARTS. OKAY. LAST QUESTION. IS THIS GOING TO BE PRECEDENT SETTING WHERE THERE'S SOME METRIC THAT SAYS THIS WAS SUCCESSFUL AND I DON'T KNOW WHAT THAT METRIC WOULD BE, BUT LET'S SAY WE'RE ABLE TO QUANTIFY IT. AND BOY, THAT SIGN REALLY BROUGHT BUSINESS TO DOWNTOWN. MCKINNEY WOULD THEN THERE BE ANOTHER REQUEST FOR SIGNAGE, SAY COMING OFF OF 380 AT MCDONALD OR ANY OTHER PLACE WHERE THERE'D BE ANOTHER JUNCTURE AND YOU'D SAY, WELL, YOU KNOW, THIS PROVED SUCCESSFUL, AND NOW WE NEED ANOTHER SIGN OF THIS MAGNITUDE. I TRY TO BITE OFF, YOU KNOW, NOT NOT TRY TO BITE OFF MORE THAN I CAN CHEW. AT THIS JUNCTURE, I WOULD SAY THAT THERE HAS BEEN CONVERSATIONS ALONG THE HIGHWAY FIVE CORRIDOR OF SOMETHING. THOSE ARE VERY PRELIMINARY, BUT I DON'T NOTHING HAS COME OF THOSE AT THIS JUNCTURE. OKAY. AND DO YOU HAVE ANY KIND OF VISION OF WHAT A MEASURE WOULD BE TO SAY THAT THIS IS HAVING AN IMPACT? YEAH. SO WE DO HAVE A FOOT TRAFFIC COUNTS OF PEOPLE WHO EXIT THERE AND THEN COME INTO DOWNTOWN. SO WE HAVE PAST DATA FOR THAT ENTRANCEWAY. IT'S GOING TO BE REALLY DIFFICULT, I THINK, TO PARSE OUT, ESPECIALLY WITH THE COMING CONSTRUCTION OF HIGHWAY FIVE, WHAT IS DUE TO THE DETOUR VERSUS THE SIGNS. SO I, I DON'T WANT TO SET MYSELF UP FOR, YOU KNOW, NOT MEETING YOUR EXPECTATIONS ON THAT IN THE FUTURE. OKAY, CHRIS, YOU HAD A QUESTION. I'M SURE YOU'VE ALREADY THOUGHT ABOUT IT, ANDREW. BUT SO IS THERE A CONCERN THAT THIS BECOMES WHAT PEOPLE THINK IS THE ONLY ENTRANCE TO GET TO DOWNTOWN IF THEY'RE NOT THAT FAMILIAR WITH MCKINNEY, AND THEN YOU END UP FUNNELING A WHOLE LOT OF TRAFFIC DOWN THAT STREET. YEAH, THAT'S A GREAT QUESTION. I THINK THAT RIGHT NOW WE'RE ALREADY SEEING 65 TO 70% OF THE TRAFFIC TO DOWNTOWN ALREADY COMING THROUGH THAT CORRIDOR. I THINK WE'LL SEE THAT LESSEN AS HIGHWAY FIVE BECOMES A MUCH MORE PLEASANT EXPERIENCE. BUT WE WON'T SEE THAT FOR ANOTHER, YOU KNOW, 3 TO 4 YEARS, MOST LIKELY. THANK YOU. I HAVE SOME QUESTIONS. YOU ALREADY PUT A DEPOSIT ON THIS, I GUESS. NO, NO, NO, I WOULD PUT A DEPOSIT. YOU KNOW, WE COULD PUT A DEPOSIT IN AUGUST IF, YOU KNOW. OKAY. SO ARE YOU ASSUMING, LIKE, WHAT IF THIS BOARD DOESN'T APPROVE THIS REQUEST? ARE YOU ESSENTIALLY ASSUMING THAT WE WILL AND PUTTING A DEPOSIT ON IT PRIOR TO FUNDING BEING AVAILABLE? YEAH. I WOULD NEVER ASSUME THAT WE HAVE FUNDING. YOU KNOW, PRIOR TO HERE, I THINK THAT THAT'S A DISCUSSION FOR OUR BOARD TO HAVE AT, YOU KNOW, WHETHER WE WANT TO KEEP THIS TIMELINE, THE VERY AGGRESSIVE TIMELINE THAT WE HAVE HERE, OR WE COULD PUSH IT BACK. SO AND IF [01:25:03] THIS BOARD WERE TO NOT APPROVE THIS REQUEST, WOULD YOU STILL MOVE FORWARD WITH THE PROJECT AND FUND IT? OTHERWISE, I WOULD HAVE TO GO BACK TO OUR BOARD TO DISCUSS, AND WE WOULD PROBABLY HAVE TO I DON'T I THINK THAT'S GOING TO BE A HARD DECISION FOR ME TO SAY UP HERE AT THE DYESS WITHOUT REALLY TALKING TO THE BOARD AND GOING BACK AND GAME PLANNING WHERE WE GO FROM THERE. SO MY CONCERN WITH THIS IS JUST PURELY THE SIZE AND THE FACT THAT IT'S NEON LIT. I HAVE SOME SECONDARY CONCERNS ABOUT JUST THE LOOK AND FEEL OF THE ENTRANCE TO MCKINNEY, GATEWAY TO MCKINNEY. AND DOES IT FEEL LIKE VEGAS? I DON'T WANT IT TO FEEL LIKE VEGAS. IT'S HUGE AND GOING TO BE EXTREMELY BRIGHT. HAS THERE BEEN ANY CONSIDERATION GIVEN TO THE IMPACT ON DRIVERS AT THAT INTERSECTION AND THE NEON LIGHT AND DISTRACTION AND ABILITY TO NAVIGATE THAT INTERSECTION WITH A 50 PLUS FOOT TALL SIGN THAT IS BRIGHTLY LIT? YEAH. GREAT QUESTIONS. I WOULD SAY THAT IF YOU LOOK AT THAT INTERSECTION NOW, WE'RE YOU'RE IN A LANDSCAPE THAT HAS VERY TALL LIGHTS THAT ARE OVER 100FT TALL. PLUS YOU HAVE LOTS OF OTHER SIGNAGE THERE WITH THE GAS STATION. THE OTHER. SO I WOULD TAKE KIND OF THIS IT IS GOING TO FEEL A LITTLE BIT MORE MODEST ONCE YOU PUT IT IN THE PERSPECTIVE OF ALL THE OTHER ARCHITECTURE ALREADY THERE, ALL THE OTHER SIGNS THAT ARE ALREADY THERE IN THEIR IN THEIR RELATIONSHIP. AND I WOULD SAY ALSO THE OBJECTIVE IS TO GET THE HEIGHT REQUIRED TO SEE IT OFF OF 75 AS WELL. YEAH, I UNDERSTAND THAT'S THE OBJECTIVE. I WONDER IF WE'RE CONSIDERING ALL OF THE ESTHETIC IMPACTS THAT THAT'S GOING TO HAVE. I THINK THE OBJECTIVE OF GETTING VISIBILITY ONTO 75, I UNDERSTAND THAT. WE JUST DID A MAJOR SIGNAGE PROJECT LIKE WITHIN THE LAST MONTH, AND I THINK CITIZENS ARE SEEING THOSE SIGNS AND THEY'RE HAVING A BIG IMPACT. THEY'RE VERY VISIBLE, THEY'RE LARGE, AND A LOT OF THEM HAVE DIRECTION TO DOWNTOWN. MCKINNEY. WHY DO WE FEEL THOSE SIGNS THAT ARE BRAND NEW AND. WHY DO WE FEEL THOSE ARE INSUFFICIENT TO DIRECT TRAFFIC TO DOWNTOWN? YEAH, I WOULD SAY THIS IS NOT THE OBJECTIVE OF THIS SIGN, AS A MONUMENT SIGN IS SLIGHTLY DIFFERENT FROM A DIRECTIONAL SIGN IN THAT PROPOSAL. AND WHEN WE CONSULTED WITH ONE OF THE ENGINEERS WHO ACTUALLY OVERSAW THE WAYFINDING STUDY AND THE WAYFINDING SIGNAGE IMPLEMENTATION, AND IN THAT STUDY, THERE WAS A, YOU KNOW, THERE'S MULTIPLE PROPOSALS FOR LARGE MONUMENT SIGNS IN THAT STUDY THAT WERE PUSHED, PUSHED OUT BECAUSE OF BUDGETARY CONCERNS. THIS WOULD FUNCTION IN IN CONGRUENCY WITH THE WITH THAT WAYFINDING SIGN IN A REALLY NICE WAY THAT SHOWS THAT THIS IS KIND OF A BEACON TO THE ENTRANCE OF DOWNTOWN. SO I WOULD SAY THAT, YOU KNOW, IN THAT ORIGINAL PLAN FOR THE WAYFINDING, THERE WERE OTHER MONUMENT SIGNS THAT WERE IDENTIFIED AND WORKING IN CONJUNCTION. AND SO IN FROM THE TRAFFIC PERSPECTIVE AS WELL AS, YOU KNOW, OUR PERSPECTIVE, WE DON'T SEE THEM NECESSARILY LIKE CONFLICTING OR COMPETING. I WOULD SAY, OKAY, I HAVE A QUESTION. SURE. GO AHEAD. IN TERMS OF THE ESTHETICS, CAN WE LOOK AT THAT A LITTLE BIT MORE? SO YOU MENTIONED VALERO. WHAT ELSE IS IN THAT AREA THAT IT'LL FIT NICELY. AND NESTLE. YEAH. SO I THINK YOU HAVE THESE VERY TALL, YOU KNOW, LIGHTS FOR THE INTERSTATE, WHICH ARE, YOU KNOW, OVER 100FT TALL. YOU ALSO HAVE KIND OF THE FAST FOOD SIGNS THAT ARE ALL MUCH TALLER THAN THIS SIGN AS WELL. SO IF YOU LOOK AT THAT WHOLE KIND OF, YOU KNOW, STRIP CENTER, ALL THE OTHER KIND OF ARCHITECTURAL ELEMENTS AROUND THERE AND THE SIGNAGE ARE ALL WAY TALLER THAN THIS ONE. I HAVE ONE MORE QUESTION. SO AS I LOOK AT THIS IMAGE THAT YOU HAVE UP ON THE SCREEN, LET'S SAY I'M ON 75 AND I'M GOING NORTH ON THE RIGHT HAND SIDE IT POINTS TOWARDS DOWNTOWN. WHAT DOES IT LOOK LIKE WHEN I'M COMING FROM THE NORTH? GOING SOUTH. IS THAT ARROW REVERSED? YES. BECAUSE WELL, THE ARROW IS GOING TO GO IN THE SAME. WELL THAT'S [01:30:04] POINTING. IF I LOOK AT IT LIKE THAT, IT'S POINTING. YES. SO YOU'RE SEEING A NORTHBOUND AND A SOUTHBOUND PROJECTION ON THIS SLIDE IF YOU'RE HEADING NORTH, IT POINTS THE SAME WAY. YEAH. IT ONLY POINTS ONE WAY. IT'S JUST YOU'RE SEEING IT FROM TWO DIFFERENT DIRECTIONS. WELL. EAST IS EAST. YEAH I UNDERSTAND THAT IT IT THAT DOWNTOWN IS EAST OF EAST OF 75. THE IMAGE ON THE RIGHT POINTS EAST IF I'M HEADING SOUTH IF YOU'RE HEADING NORTH, IF I'M HEADING NORTH, THE IMAGE OR IF I'M, I'M SORRY. IF I'M HEADING NORTH. THE IMAGE ON THE RIGHT POINTS TOWARDS THE EAST. IF I'M HEADING SOUTH, THE IMAGE ON THE NORTH OR ON THE LEFT POINTS TO THE WEST. EAST AS WELL. OKAY. IT'S JUST IF YOU LOOK, I THINK WHAT YOU'RE THERE'S ONLY ONE ARROW IS MY POINT. THE ARROW STAYS FIXED IN THE, IN THE ORIENTATION TOWARDS DOWNTOWN. BUT THE DOWNTOWN AND MCKINNEY, IF YOU WERE TO LOOK AT A TOP VIEW THOSE ARE ARE ARE SWAPPED OKAY. SO YOU'RE SAYING I CAN'T I CAN'T IF I'M HEADING ONE DIRECTION I CAN'T SEE THE ARROW ON THE OTHER SIDE POINTING THE OPPOSITE DIRECTION. BECAUSE IN THIS CASE, THE ARROW EXTENDS OFF THE EDGE OF THE SIGN. AND IF I WERE HEADING THE OTHER DIRECTION, I WOULD PRESUMABLY SEE AN ARROW POINTING THE SAME DIRECTION THAT YOU'RE SAYING IT JUST. YEAH, NO. OR IT'S DOUBLE SIDED. THE ARROW IS FIXED IN ITS ORIENTATION ON BOTH SIDES AND IT'S DOUBLE SIDED. OKAY. THE LETTERS, IF YOU LOOK DOWN, THERE'S AN ADJUSTMENT TO HOW THE LETTERS AND IT'S A LITTLE TECHNICAL, BUT I YOU KNOW, SO I COULD SHOW YOU A PICTURE FROM A TOP DOWN VIEW OF HOW DOWNTOWN AND MCKINNEY ARE, BECAUSE THOSE ARE NOT FULLY MIRRORED. OKAY. SO THE WORDS ARE NOT MIRRORED, BUT THE ARROW IS ONE THAT IS MIRRORED, OKAY. SO ANDREW, I WANT TO ANY MORE COMMENTS AND I'LL MAKE MY LAST COMMENT. OKAY. I THINK BECAUSE WHEN I ASKED SOME QUESTIONS WITH YOU BEFORE WAS THAT THIS WAS PROPOSED AS A REQUEST FROM CITIZENS, CORRECT. WAS THIS FROM OUT OF A SURVEY THAT SAID THAT THERE NEEDED TO BE THERE WAS A WHY WHY IS THERE. YEAH. SO JUST TO CLARIFY, THE SURVEY WAS OF PEOPLE THAT WERE HAD NEVER BEEN TO DOWNTOWN. SO NOT CITIZENS BUT PEOPLE, VISITORS THAT HAD NEVER BEEN TO DOWNTOWN THAT WERE HAD NO REFERENCE POINT FOR WHERE DOWNTOWN WAS IN RELATION TO THE REST OF THE CITY. SO THAT THAT WAS KIND OF THE IMPETUS WE BROUGHT IT TO, TO OUR BOARD. WE ALSO PRESENTED THIS TO OUR STAKEHOLDERS IN DOWNTOWN, GOT SUPPORT FOR IT FROM THERE. AND, YOU KNOW, THAT'S WHAT LED TO THIS. WE DID SEEK ADDITIONAL FUNDING OUTSIDE THIS BODY. AND THAT'S WHAT LED TO THIS WHERE WE ARE TODAY. OKAY. AGAIN, THIS IS A PUBLIC HEARING. IS THERE ANYONE HERE TO SPEAK TO THIS PUBLIC HEARING ITEM? OKAY. CAN I GET A MOTION TO CLOSE THIS PUBLIC HEARING? THANK YOU FOR THE ROBUST DISCUSSION. MAKE A MOTION TO CLOSE THE PUBLIC HEARING. I'LL SECOND. MOVE BY DAVIS. SECOND BY CHRIS. THANK YOU CHRIS. THANK YOU. THANK YOU ANDREW I'M SORRY. THE NAME BADGE RIGHT. SORRY ONE. ARE WE GOING TO VOTE. WE'RE VOTING NOW. VOTE NOW. OH YOU DIDN'T VOTE. WHAT'S YOUR VOTE? THROW YOUR HAND UP I VOTED. WHO DID? OKAY, NO. WE'RE GOOD, WE'RE GOOD. OH, YOU WERE SLOW TO. OH, IT WAS YOU, DEBORAH. IT WAS ME. I WAS [Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by the City of McKinney Parks and Recreation Department (4B25-14), in the Amount of Eight Million and No/100 Dollars ($8,000,000.00) for Parks Accessibility Improvements, Trails Plan, Al Ruschhaupt Park Road Connection, Old Settler’s Park Improvements and Erwin Park Improvements.] TALKING, OKAY. MOTION PASSES. OKAY. NEXT ITEM, 25 DASH 22 991. CONDUCT A PUBLIC HEARING. CONSIDER. DISCUSS. ACT ON A PROJECT GRANT APPLICATION SUBMITTED BY THE CITY OF MCKINNEY PARKS AND REC. RECREATION DEPARTMENT FOR B 2514. IN THE AMOUNT OF $8 MILLION FOR THE PARKS ACCESSIBILITY IMPROVEMENTS TRAIL, OUR PARK ROAD CONNECTION, OLD SETTLER'S PARK IMPROVEMENTS IN URBAN PARK IMPROVEMENTS. YOU ARE NOT, AMY. HI, JENNY. GOOD MORNING, MADAM CHAIR. MADAM PRESIDENT, MEMBERS OF THE BOARD, JENNY BAKER, PARKS PLANNING AND DEVELOPMENT MANAGER. IT IS MY PLEASURE TO PRESENT OUR PRESENT, OUR FISCAL YEAR 2526 FUNDING APPLICATION ON BEHALF OF PARKS AND RECREATION. AGAIN, WE ARE ASKING FOR $8 MILLION IN FUNDING SPREAD ACROSS A TOTAL OF FIVE PROJECTS, AND I WILL TOUCH ON EACH PROJECT INDIVIDUALLY. FIRST UP IS OUR RUSH OFF. WE ARE PROPOSING A ROAD CONNECTION. AS YOU KNOW, THE TWO PHASES ARE [01:35:06] DISCONNECTED. YOU HAVE TO GET OUT ONTO THE PARK ROAD. THIS CONNECTION WILL PROVIDE A DIRECT CONNECTION WITHOUT HAVING TO ACCESS THE STREET. WE'RE ADDING 64 NEW PARKING SPACES, A RIGHT TURN LANE OUT ONTO PARK VIEW, AS WELL AS ENHANCEMENTS TO THE ENTRY SIGNAGE AND ENTRY LIGHTING. WE ANTICIPATE THIS PROJECT GOING TO CONSTRUCTION. FIRST QUARTER 2026 TOTAL PROJECT BUDGET IS 5.3 MILLION AND WE ARE REQUESTING $2 MILLION. NEXT UP, OLD SETTLERS. WE ARE PROPOSING AN EXPANDED PLAYGROUND MULTI-LEVEL SPLASH PAD THAT WILL BE THE LARGEST SPLASH PAD IN THE CITY, A LARGE EVENT PAVILION WITH RESTROOMS, ADDITIONAL PARKING, ENHANCEMENTS TO THE EXISTING CREEK BED AND STREAM, PICKLEBALL COURTS, AND A SKATE SPOT. WE ARE AT ABOUT 50% CONSTRUCTION DOCUMENTS NOW. I WILL GO TO CONSTRUCTION Q1 2026 $13.3 MILLION PROJECT, AND WE ARE REQUESTING 2.8 MILLION IN FUNDING. ERWIN PARK GOT A LOT GOING ON HERE WITH THIS PROJECT. WE ARE WE ARE RESURFACING THE ENTIRE PARK ROAD, UPGRADING ALL OF THE PARKING AREAS FROM GRAVEL TO CONCRETE, NUMEROUS ADA IMPROVEMENTS, ADDING A 12 FOOT WIDE CONCRETE TRAIL LOOP AROUND THE NORTHERN ROAD, A NEW RESTROOMS, SHOWER FACILITIES, PAVILIONS, CONVERTING SEPTIC TO SANITARY SEWER SITE FURNISHINGS, WATER AND ELECTRICAL SERVICE TO ALL CAMPSITES, WHICH IS HUGE. FORMALIZING THE ENTRANCE SIGNAGE, ADDING AN OVERLOOK AND A MAINTENANCE BARN. WE ARE ACTUALLY, AS OF TOMORROW, WILL BE AT 100% CONSTRUCTION DOCUMENTS. WE'RE ALSO WORKING ON THE BIDDING DOCUMENTS RIGHT NOW AND EXPECT TO START CONSTRUCTION IN JANUARY. SO $13 MILLION PROJECT AND WE ARE REQUESTING AN ADDITIONAL $3 MILLION. THESE ARE JUST SOME IMAGES OF ERWIN. YOU KNOW I KNOW YOU'VE SEEN THESE BEFORE, BUT THE WHITE AND BLACK IMAGES ARE JUST TO SHOW HOW THE PRETTY CONCEPTUAL DRAWINGS TRANSLATE INTO OUR CONSTRUCTION PACKAGE. AND THEN OBVIOUSLY, OUR REALIZED DURING CONSTRUCTION. SAME WITH THE RESTROOM PAVILION, SAME WITH THE OVERLOOK. TRAILS PLAN. WE ARE REQUESTING $100,000 FOR AN AMENDMENT TO THE TRAILS PLAN. IF YOU RECALL, CITY COUNCIL APPROVED THIS TRAILS OUR TRAILS MASTER PLAN IN JANUARY OF 2023. AMENDMENTS ARE ALREADY NEEDED JUST DUE TO REFLECT GROWTH PATTERNS AND DEVELOPMENT PATTERNS, ESPECIALLY IN THE NORTHERN SECTION SECTION OF MCKINNEY. WE ALSO NEED TO IDENTIFY SOME NEW CATALYST PROJECTS AND THEN A MUCH NEEDED TRAILS WAYFINDING STUDY IS NEEDED JUST TO HELP BETTER ORIENT PEOPLE THROUGH OUR TRAIL SYSTEM. AND THEN FINALLY, $100,000 FOR ACCESSIBILITY IMPROVEMENTS. THESE ARE NOT LIMITED TO THE ITEMS YOU SEE ON THE SCREEN, BUT THAT INCLUDES TRIP HAZARDS, TRAIL IMPROVEMENTS, PEDESTRIAN PLAZA IMPROVEMENTS, PLAYGROUND SURFACING. RAMPS. SIGNAGE. AND JUST TO RECAP, $8 MILLION IN TOTAL FUNDING. AND THAT CONCLUDES MY PRESENTATION AND I'M HAPPY TO ANSWER ANY QUESTIONS YOU HAVE. IS THERE ANY DISCUSSION? THIS IS A PUBLIC HEARING, ANY DISCUSSION ON THIS OLD SETTLERS, THE CREEK. WHAT ARE Y'ALL DOING WITH THE CREEK? WE ARE. WE'RE JUST BASICALLY DRESSING IT UP, IF YOU WILL. IF YOU'VE IF YOU'VE BEEN TO WATERS CREEK, YOU KNOW HOW THE CREEK THERE IS, YOU KNOW, IT'S GOT STONES ON THE SIDE PROVIDING SOME CROSSINGS, JUST MAKING IT LOOK A LITTLE NICER. I KNOW BEFORE, AS PART OF THE NEIGHBORHOOD ASSOCIATION, THERE WERE SOME CONCERNS BACK WHEN WITH SOME ENVIRONMENTAL TYPE THINGS. SO ANYTHING BEING ADDRESSED WHERE THAT'S CONCERNED AND WE ARE WE ARE WORKING THROUGH OUR THROUGH OUR, YOU KNOW, ENGINEERING AND CIVIL REVIEW. WE ARE WORKING WITH T-C-E-Q AND MAKING SURE THAT WE MEET ALL THOSE REQUIREMENTS. THAT'S GOOD TO HEAR. THANK YOU. YOU'RE WELCOME. ANY OTHER DISCUSSION ON THIS PUBLIC HEARING ITEM? JUST A COMMENT. BECAUSE THE OUR JOINT PLANNING SESSION WAS JUST A FEW MONTHS AGO, AND I THINK A LOT OF THIS INFORMATION IS ALREADY KNOWN TO THIS BOARD. SO I WOULDN'T WANT YOU TO THINK THAT WE'RE NOT MOST INTERESTED IN IN ALL OF THE DIFFERENT PROJECTS. BUT WE DID JUST HAVE THAT MEETING RECENTLY AND HAVE A HAVE A PRETTY GOOD UPDATE. SO THANK YOU. ABSOLUTELY. AGAIN, THIS IS A PUBLIC HEARING. OH I'M SORRY, JOY ALONG THOSE LINES BECAUSE WE HAVE BEEN BRIEFED ON SOME OF THIS BEFORE JUST FOR THE PUBLIC'S KNOWLEDGE. WITH THE OVERLOOK, WE HAD HAD SOME CONCERNS ABOUT SAFETY AND SECURITY AND DISCUSSIONS PREVIOUSLY ABOUT LIGHTING AND MAYBE SOME SECURITY OR POLICE PROTECTION AROUND THAT IN THE EVENING HOURS. CAN YOU DISCUSS SOME OF THE WAYS TO ENSURE THAT THIS ISN'T VANDALIZED, THAT PEOPLE ARE SECURE IN THE EVENING HOURS IF THEY GO AND VISIT THIS? SURE. THAT'S A GREAT THAT'S A [01:40:05] GREAT QUESTION. AND I FAILED TO MENTION THAT AS WE ARE INSTALLING SECURITY CAMERAS THROUGHOUT IRWIN. AND THERE WILL BE ONE ON THIS POINTED AT THIS OVERLOOK THAT WILL PROVIDE IT'S CALLED A COMPANY CALLED VERKADA. AND IT IS IT WILL BE MONITORED AND SURVEILLANCE AND THAT IF THERE IS SOMETHING THAT HAPPENS, IT'S A GREAT SYSTEM. YOU CAN ACTUALLY CAPTURE GREAT IMAGES OF IF IT'S A VEHICLE OR WHATEVER IT IS. SO THIS WILL BE MONITORED SOLELY THROUGH THE CAMERAS OR WILL THERE BE ADDITIONAL SECURITY PRESENCE. THERE IS A POLICE PRESENCE IN THE PARK. AND THAT WILL THAT WILL CONTINUE. SO BEYOND THAT AND THEN OF COURSE, JUST, YOU KNOW, ONGOING MAINTENANCE AND MONITORING BY OUR PARKS MAINTENANCE STAFF, THAT'S PRETTY MUCH IT. AND ADDITIONAL LIGHTING. OKAY. THANK YOU. BECAUSE ISN'T THERE A POLICE OFFICER THAT STILL LIVES ON THE PROPERTY ITSELF? THERE IS. YES. AGAIN, THIS IS A PUBLIC HEARING. IS THERE ANYONE HERE TO SPEAK TO THIS PUBLIC HEARING ITEM? OKAY. THANK YOU, THANK YOU. CAN I GET A MOTION TO CLOSE THE PUBLIC HEARING? I'LL MOVE. CLOSE THE PUBLIC HEARING. MOVE TO CLOSE BY JULY 2ND. OH. OH, WHO DID IT FIRST? OH, GOTCHA. OKAY. DAVID BEACHY. GOTTA BE QUICK. JOY. OH. I'M SORRY. MOTION PASSES. CLOSE THE PUBLIC HEARING. THANK YOU. NEXT ITEM, [Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Habitat for Humanity of Collin County (4B25-15) in the Amount of Three Hundred Five Thousand and No/100 Dollars ($305,000.00) for Repairs and Renovations at Three Properties in McKinney (1304 Garcia, 305 Lively Hill, and 611 Bumpas). Request Represents 75% of Total Project Cost.] 20 5-2992. CONDUCT A PUBLIC HEARING. CONSIDER. DISCUSS, ACT ON A PROJECT GRANT APPLICATION SUBMITTED BY HABITAT FOR HUMANITY OF COLLIN COUNTY FOR BEE 25 DASH 15, IN THE AMOUNT OF $305,000 FOR REPAIRS AND RENOVATIONS AT THREE PROPERTIES IN MCKINNEY. 1304 GARCIA 305, LIVELY HILL 611. BUMPERS REQUEST REPRESENTS 75% OF THE TOTAL PROJECT. HELLO! THANK YOU SO MUCH FOR ALLOWING ME TO BE HERE. I'M SHONDA SHAFFER, PRESIDENT AND CEO OF HABITAT. I'M GOING TO GO THROUGH A COUPLE OF SLIDES, BUT I'VE GOT A FEW THAT I'M GOING TO SPEND A LITTLE BIT MORE ON, MORE TIME ON, YOU KNOW, ABOUT US. I'VE PUT THE ADDITIONAL INFORMATION IN THERE ABOUT WHAT WE ARE WORKING ON THROUGHOUT COLLIN COUNTY, BUT SPECIFIC TO MCKINNEY, OUR PARTNERSHIP REQUEST IS A $305,000. THE TOTAL PROJECT COST IS 405. AND I'LL GET INTO THE DETAIL, BUT IT'S REALLY PRIMARILY THREE PROJECTS AND LET ME REACH ON ALL OF THOSE. THE FIRST PROJECT IS AT 611 BUMPUS, AND WE ACTUALLY HAVE SOME PHOTOGRAPHS. THIS IS PROPERTY THAT IS RIGHT NEXT TO THE COTTON GROVES DEVELOPMENT THAT WE ARE CURRENTLY BUILDING. WE'RE IN PROCESS OF COMPLETING ONE FIVE PLEX AND MOVING DOWN THE ROAD TO FINISH OUT THAT NEIGHBORHOOD. THIS PROPERTY IS RIGHT NEXT DOOR. THERE IS A STRUCTURE ON THE PROPERTY. WE'VE CLEANED IT UP MULTIPLE TIMES JUST THROUGH VOLUNTEERS, BUT BECAUSE OF THAT STRUCTURE AND RIGHT NOW, BECAUSE OF THE VIEW FROM THE STREET, IT IS CREATING A LITTLE BIT OF A SAFETY HAZARD, NOT A LITTLE BIT, QUITE A BIT OF SAFETY HAZARD. SO WE'VE GOT FENCING UP. WE'VE TRIED DOING THIS A COUPLE DIFFERENT WAYS TO PRESERVE THE SAFETY AND REALLY AT THIS POINT FEEL LIKE WE NEED TO DO MORE OF A DEMO, CLEAN OUT SOME OF THOSE TREES, MAKE IT LESS OF A HIDING PLACE, IF YOU WILL. WE'VE SHOOT A FEW PEOPLE OUT OF THE HOME AND WE THINK IT'S JUST A DANGER, SO WE WANT TO TAKE THAT DOWN. THERE WILL BE EVENTUAL PLANS MADE TO FURTHER DEVELOP THAT PROPERTY, BUT AS OF RIGHT NOW, WE ARE SOLELY FOCUSED ON KINGS ROW AND THOSE FIVE PLEXES. SO THIS IS RIGHT NEXT DOOR TO THAT. SO THAT'S FOR DEMOLITION. THE SECOND PROJECT IS ON AT 1304. GARCIA. THIS IS A HOME THAT HAS RECEIVED MULTIPLE CODE VIOLATIONS. AND THE FAMILY IS WITHOUT ANY MEANS TO DO ANY REPAIRS. AND QUITE FRANKLY, AS YOU SEE THE PROPERTY, A COUPLE OF DOLLARS OF REPAIRS WOULD NOT HAVE MADE AN IMPACT ANYWAY. SO WE HAVE GONE IN AND ACTUALLY EVALUATED THE HOME. IT IS NOT LIVABLE. THEY'RE THEY ARE STAYING THERE RIGHT NOW, BUT IT IS A SAFETY HAZARD AS AS CODE ENFORCEMENT HAS HAS OBVIOUSLY LOOKED AT THIS PROPERTY IS KIND OF ON THE END OF A STREET. I'M NOT SURE. SORRY. YOU CAN KIND OF SEE GARCIA THERE. THAT LITTLE CORNER HAS BEEN NEGLECTED I THINK IN THE PROPERTY SHOWS THAT. SO RIGHT NOW AS WE STAND OUR OUR PLAN OR PARDON ME, OUR PROJECT IS TO DEMO THE EXISTING STRUCTURE AND DO A REBUILD VERY SIMILAR TO WHAT YOU. I THINK ALL HAVE VIEWED THE JIMMY CARTER HOUSE JUST DOWN THE STREET HERE. IT'S A VERY SIMILAR SITUATION [01:45:05] WHERE WE'RE GOING TO HAVE TO START FROM SCRATCH ON THIS, ON THIS DWELLING. THE THIRD PROJECT IS LIVELY HILL, THIS PIECE OF PROPERTY. AND I NEED TO MAKE AN APOLOGY BECAUSE I, I GAVE LINDA SOME FALSE INFORMATION. SHE WAS ASKING ME IF THESE WERE PRIOR HABITAT HOMES. THIS ONE ACTUALLY IS. AND I APOLOGIZE FOR THAT QUESTION, BUT THIS PROJECT IS ACTUALLY A HOME THAT WAS ONE OF IN FACT, I BELIEVE, ONE OF THE VERY FIRST HABITAT HOMES BUILT AND SOLD. AND IT IS NOW GOING TO BE BROUGHT BACK INTO OUR PORTFOLIO. IT HAS NOT BEEN COMPLETED. THE LEGAL DOCUMENTS HAVE NOT BEEN COMPLETED. SO I WILL SAY THAT ASSUMING EVERYTHING'S BEEN AGREED TO THAT, THAT SHOULD BE COMING TO CLOSE. WE'RE GOING TO NEED TO GET IN THERE AND DO SEVERAL UPDATES AND RENOVATIONS. BUT THE GOAL HERE IS TO PRESERVE IT AS A LOW COST HOME AND BE ABLE TO PUT A NEW HABITAT FAMILY IN THERE. THE AREA DEMOGRAPHICS FOR BOTH LIVELY HILL AND GARCIA TRACT TRACT ARE, AS YOU CAN SEE, 35 TO 35% POVERTY RATE, MINORITY POPULATION 82%. THE BUMP IS TRACK ALMOST 30%. POVERTY WITH A MINORITY POPULATION OF OVER 70%. PARDON ME. THE COMMUNITY IMPACT. THIS IS WHERE I REALLY WOULD LIKE TO POINT OUT. USING THE TAXPAYER FUNDS THIS WAY, I THINK HAS A MEANINGFUL WAY, NOT JUST TO IMPROVE THE LIVING CONDITIONS OF THE FAMILIES THAT ARE IN THE HOMES, BUT IT'S ABOUT ADDRESSING THE NEIGHBORHOOD AND BUILDING THE COMMUNITY. AND SO WE ARE THIS IS ONE OF THOSE STARFISH KIND OF SCENARIOS. IF WE CAN ADDRESS ONE, EXCUSE ME, ONE OF THESE HOMES THAT'S IN BLIGHT, WE SEE AN IMMEDIATE TRANSFORMATION IN THE NEIGHBORHOOD. AND STATISTICALLY YOU ARE GETTING ABOUT 5 TO 26% ECONOMIC INCREASE ON EVERY DOLLAR SPENT IN ONE OF THESE NEIGHBORHOODS. AND I THINK FROM JUST AN ANECDOTAL WAY, CERTAINLY THE ONE CARTER HOUSE HAS NOT BEEN THE ONLY IMPACT TO THIS NEIGHBORHOOD HERE. BUT AS YOU DRIVE DOWN THERE, IF YOU HAD DRIVEN BEFORE, MAYBE A YEAR AND A HALF AGO, COMPARED TO WHAT IS WHAT THAT NEIGHBORHOOD EVEN JUST LOOKS LIKE, I CAN TELL YOU, AND I WISH WE HAD PHOTOS FROM A YEAR AND A HALF AGO, BUT THE NEIGHBORS ARE TAKING MORE PRIDE IN THEIR COMMUNITY. YARDS ARE BEING MAINTAINED, RUNNING OUT OF TIME. SO I'M JUST GOING TO TELL YOU THAT IT'S REALLY GOOD FOR THE COMMUNITY, AND YOU'LL SEE THAT BOTH STATISTICALLY AS WELL AS ANECDOTALLY, THE PROJECT BUDGET 25,000 TO CLEAN UP, BUMP US. PARDON ME, EXCUSE ME TO DEMO AND THEN ANOTHER 15,000 TO CLEAN IT UP. THE PHASE TWO DESIGN IS GOING TO BE ANOTHER 20,000 THAT WILL PREPARE US FOR THE EVENTUAL DEVELOPMENT OF BUMPUS GARCIA, 200,000. LIVELY HILL 45,000. SOME INDIRECT COSTS OF 15, FOR A TOTAL OF 320. AND I WILL END BY SAYING THAT WE ARE INCREDIBLY THRILLED TO PARTNER WITH MCDC AND ALL OF OUR COMMUNITY PARTNERS. WE SEE OUR ROLE AS VITAL TO MEETING THE MISSION OF THESE FUNDS AND WE APPRECIATE YOUR TIME. THANK YOU. IS THERE A DISCUSSION FROM THE BOARD ON THIS ITEM? I HAVE SOME QUESTIONS. COULD YOU JUST GO THROUGH THE NUMBERS A LITTLE BIT MORE CAREFULLY? FOR ME, I FEEL LIKE MAYBE SOMETHING WAS OFF. SO ON THIS SLIDE HERE, THE PROJECTED BUDGET IS 320,000. THE REQUEST OF US IS 305. BUT I THOUGHT THE TOTAL PROJECT WAS 400 SOMETHING. WHAT'S THE DIFFERENCE BETWEEN THE 320, THE 400 AND THE 305? YEAH. SO THEY'RE ALL ESTIMATES, BUT THIS ONE HAS THE INDIRECT COST OF 15,000. THAT WAS NOT IN THE ORIGINAL REQUEST. OUR HOPE IS THAT WE CAN GET THAT INCLUDED. BUT IT'S OKAY IF IT'S NOT 305. WE'LL GET THE DIRECT COST, BUT THE TOTAL PROJECT COST IS GOING TO INCLUDE SOME ADDITIONAL WORK IN THE BUMPUS AREA FOR FUTURE DEVELOPMENT. AND THAT'S BEING UNDERWRITTEN BY ADDITIONAL FUNDING SOURCES. OKAY, SO YOU'RE NOT PROPOSING ANY KIND OF AMENDMENT TO INCREASE THE REQUEST OF US. YOU'RE GOING TO COVER THAT INDIRECT COSTS SOME OTHER WAY? YES. OKAY. AND THEN OF THE THREE PROJECTS, THE LARGEST SHARE IS PROPOSED TO GO TO 1304 GARCIA. THAT'S THE ONE THAT HABITAT DOES NOT OWN. EXACTLY. AND THAT'S THE ONE THAT IS ELIGIBLE FOR CITY HOME REPAIR FUNDS. YEAH. THROUGH THE CITY'S PROGRAM. NOW, I HAVE NOT RESEARCHED THAT. I'LL BE HONEST WITH YOU. THIS PROPERTY HAS BECOME AVAILABLE OR THEY COME TO US THROUGH THE CITY. SO I WILL SAY THAT CHANCES ARE THAT HAS BEEN DENIED FOR SOME REASON, BUT I CAN'T TELL YOU SPECIFICS. THIS ACTUALLY WAS BROUGHT TO OUR ATTENTION THROUGH CODE ENFORCEMENT, AND THE FAMILY CAME SEEKING ASSISTANCE. SO I CAN'T [01:50:06] ANSWER THAT EXACT QUESTION. I CAN GET BACK TO YOU ON THAT. OKAY. YES, I THINK THAT'S A REALLY IMPORTANT QUESTION, AT LEAST IN MY MIND, BECAUSE IT'S SOMETHING THAT OUR BOARD HAS CONSIDERED EXTENSIVELY IS WHERE'S THE LINE BETWEEN WHAT CODE ENFORCEMENT IDENTIFIES? THE CITY HAS FUNDING TO HELP ADDRESS AND WHERE HABITAT STEPS IN. SO I WOULD LIKE TO HAVE A LITTLE BIT MORE CLARITY ON THAT, BECAUSE 200,000 IS A SIGNIFICANT PORTION OF THE 305. IT IS. YEAH. AND IT IS A COMPLETE DEMOLITION. PARDON ME, SIMILAR TO THE GREEN STREET. AND I WILL GET AN ANSWER TO THAT AND SUBMIT IT TO LINDA SO IT CAN BE DISTRIBUTED TO THE BOARD. THIS ONE PROPERTY IS THIS A IS THIS A HOUSE OR IS THIS LIKE A MOBILE HOME? WE BELIEVE IT WAS A MOBILE HOME THAT HAS BEEN ALTERED OVER THE YEARS. THAT COULD BE THE REASON. BECAUSE I KNOW BECAUSE I'VE INVESTIGATED WITH SOMEBODY ELSE. AND FOR THE CITY, IF IT'S A MOBILE HOME, THEY WON'T PITCH IT INELIGIBLE. THAT'S PROBABLY. YEAH, BUT I WILL STILL RESEARCH AND GET YOU AN EXACT ANSWER. THANK YOU. I JUST ON THAT PROJECT THAT YOU'VE GOT ON SCREEN. SO THAT'S A DEMO AND REBUILD. YES. FOR 200 K OR JUST OUR PORTIONS 200 K. THE TOTAL PORTION IS 200 K. THERE'S ONLY SOME INDIRECT. SO BECAUSE THE OWNERS OWN THE PROPERTY WE HAVE VERY LITTLE PROPERTY NEEDS. AND I'VE GOT MY CONSTRUCTION WIZARD MR. JAMES BACK HERE. WE ARE ABLE TO BUILD A BASIC HOME WHERE THIS IS, I BELIEVE A 2 OR 3 BEDROOM I CAN'T REMEMBER EXACTLY. THANK YOU FOR RIGHT AROUND 175. SO THE DEMO AND IT'S GOING TO BE A COMBINATION OF DEMO AND PREP TO GET THAT IN FOR 200. THERE'S ALSO GOING TO BE I APOLOGIZE, BUT THERE WILL ALSO BE SOME OF THESE COSTS COVERED BY THE HOMEOWNER IN A PAYMENT PLAN OVER YOU. YOU KNOW HOW HABITAT WORKS. WE HAVE SWEAT EQUITY BOTH THROUGH VOLUNTEER AND REPAYMENT PLANS THAT THEY CAN AFFORD, SO THEY'LL BE PUT ON A REPAYMENT PLAN OF A SMALL AMOUNT THAT WILL ALSO CONTRIBUTE TO THE COST OF THE PROJECT. AND SO FOR THE SAKE FOR THE FOR THE COMMUNITY AND THE VIEWERS, THAT WHEN YOU GO INTO THIS AGREEMENT, SAY THE 200,000 WITH THE WITH THE RESIDENTS, THEY HAVE THE AGREEMENT, THERE ARE LIKE THINGS PUT INTO PLACE THAT THEY JUST CAN'T GO OUT AND SELL THE HOUSE. DOES IT THEN BECOME, YOU KNOW, HABITAT? IT HAS THE RIGHT FIRST RIGHT TO REFUSAL AND ALL THE THINGS. CAN YOU JUST GIVE A ABSOLUTELY THANK YOU FOR THE QUESTION. AND I THINK, IN FACT, I'M GOING TO GO BACK TO THE EXCUSE ME, I'M GOING TO GO BACK TO THE LIVELY HILL WE HAVE IN ALL OF OUR HOMES A RIGHT OF FIRST REFUSAL. AND IN THAT RIGHT OF FIRST REFUSAL, WE HAVE THE OPPORTUNITY TO EITHER PURCHASE THE HOME BACK FROM THE BUYER WHEN THEY'RE READY TO SELL. WE ARE ALSO PUTTING IN PLACE DEEDS OF TRUST THAT REQUIRE FUTURE HOMEOWNERS TO BE OWNER OCCUPIED. THE INTENT HERE, AS YOU CAN IMAGINE, IS TO PRESERVE THE STOCK THAT IS AVAILABLE TO OUR LOW INCOME FAMILIES. SO WHETHER WE ARE IN A FINANCIAL POSITION TO PURCHASE THE HOUSE OR NOT, THIS PARTICULAR ONE ON LIVELY, WE ARE ACTUALLY PURCHASING IT. BUT IN OTHER CASES, IF THE HOMEOWNER IS ABLE TO GET MARKET VALUE AND WE'RE NOT IN A POSITION TO BUY IT, WE JUST WANT TO ENSURE THAT THE NEXT HOMEOWNERS ARE OWNER OCCUPIED. THERE'S NOT A REAL WAY TO BE ABLE TO QUALIFY THOSE FAMILIES IF THEY CAN AFFORD TO BUY PRIVATELY, THEY'RE TYPICALLY NOT BELOW 60% AMI, BUT IF THEY'RE PURCHASING A HOUSE IN THAT AREA, IT JUST NEEDS TO BE OWNER OCCUPIED IN ORDER TO MAINTAIN THE STOCK. THAT HELP. YEAH. IS THERE ANY AND I'M SORRY, BUT I WILL JUST ADD TO THAT THAT THERE ARE ALSO MULTIPLE AGREEMENTS THERE ON WHAT THEY CAN DO WITH THE PROPERTY, ANY IMPROVEMENTS THAT ARE BEING MADE THERE, THINGS OF THAT NATURE. AND MORE IMPORTANTLY, WE'RE CREATING A RELATIONSHIP. THIS IS A FAMILY WHO HAS FALLEN INTO SOME HARD TIMES. AS YOU CAN IMAGINE. WE WANT THEM TO REACH BACK OUT TO US. ONCE THEY GET GET THEIR NEW HOME, WE'RE GOING TO BE WORKING WITH THEM ON HOME MAINTENANCE AND KIND OF KEEPING AN EYE ON IT TO MAKE SURE THAT THAT PROPERTY STAYS IN LIVING CONDITION. THANK YOU. ONE MORE QUESTION. CAN YOU HELP ME EXPLAIN THE NOTION THAT YOU TOUCHED ON EARLIER? THERE'S AN ASSUMPTION THAT ANY GIVEN STREET HAS FALLEN INTO DISREPAIR. THERE'S THIS ONE PROPERTY HABITAT CAN COME IN AND ADDRESS HABITAT. DOES THAT MAKES IT LOOK LOVELY. AND THEN THAT ASSUMPTION THAT NOBODY ELSE COULD COULD MAKE THAT STREET BETTER IS RENDERED FALSE. BECAUSE NOW ALL OF A SUDDEN, OTHER IMPROVEMENTS ARE HAPPENING. SOMETHING IS NOT CONNECTING IN MY MIND ABOUT HOW THAT WORKS. I MEAN, WE'RE TALKING ABOUT, YOU KNOW, SOMETHING THAT'S IT'S KIND OF HARD TO STATISTICALLY GET THERE, BUT I DO I DID I DO WANT TO SHARE THAT THROUGH SOME HABITAT STATISTICS. IMPROVING ONE HOME IN A NEIGHBORHOOD OF 30 HOMES [01:55:03] ACTUALLY HAS BEEN WAS IT BECAUSE OF THAT HOME OR NOT? THE ASSUMPTION HAS TO BE THERE BECAUSE THAT'S THE VARIABLE. BUT IT WAS. IT RESULTED IN A 15 TO 30% DROP IN VIOLENT CRIMES. THE PROPERTY VALUES INCREASED BETWEEN 4 TO 14%. THE ECONOMIC RETURN I MENTIONED WAS 5 TO $26 PER DOLLAR INVESTED, AND THE COMMUNITY WELL-BEING, SAFETY, THE PERCEPTIONS OF SAFETY AND PRIDE WERE ANECDOTALLY REPORTED FROM THE RESIDENTS. SO ALL OF THAT TO SAY, AND I UNDERSTAND YOUR QUESTION, THESE ARE HARD KPIS TO GET YOUR ARMS AROUND. CAN I TAKE CREDIT FOR WHAT'S HAPPENING OVER HERE? ABSOLUTELY NOT. BUT I DO THINK THE PART WE HAVE PLAYED IN GETTING THAT ONE PROPERTY AND THAT ONE FAMILY HAS HAD A TRICKLE DOWN IMPACT. AND I THINK WHEN YOU KNOW THOSE NEIGHBORHOODS, WHEN YOU KNOW THE PEOPLE WHO ARE LIVING THERE AND, AND YOU'RE SEEING THAT THE, THE, THE EVEN JUST THE UPKEEP OF THEIR CURRENT HOMES HAS INCREASED SIGNIFICANTLY, I THINK THAT LENDS ITSELF TO THE, THE FEW WAYS THAT WE CAN MEASURE THE KPIS IN, IN OUR STATISTICS TO YOUR POINT, IT'S NOT AN ONLY A HABITAT INVESTMENT. THIS TAKES US ALL. I MEAN, WE'RE A VILLAGE. WE'VE GOT TO ALL JOIN TOGETHER. AND ALL OF THE DEVELOPMENT THAT YOU'RE DOING IN THIS AREA CERTAINLY LENDS ITSELF TO THE CONTINUED REVITALIZATION OF. WHAT IS SOME OF YOUR LOWEST INCOME COMMUNITIES? JUST I'M GETTING MY DIRECTIONS NOT BUT OVER THERE. AND THESE TWO PROJECTS, LIVELY HILL AND GARCIA ARE, YOU KNOW, WITHIN THREE MINUTES OF CITY HALL NOW. AND I THINK THAT IT'S GOING TO BE POSSIBLY THE BEGINNING OF SOME ADDITIONAL RENOVATIONS AND, AND GROWTH OR IMPROVEMENTS IN THOSE COMMUNITIES. THANK YOU. DOES THAT HELP? VERY MUCH. THANK YOU. I HAVE A QUESTION OVER HERE. YOU MENTIONED, YOU KNOW, IT TAKES A VILLAGE, RIGHT. AND SO I'M LOOKING AT GARCIA. I THINK IF I HEARD YOU RIGHT, LIKE THIS PARTICULAR FAMILY HAS NOT BEEN ABLE TO KEEP THIS THING GOING. SO OBVIOUSLY, YOU KNOW, TEARING DOWN REBUILDING IS GOING TO BE GREAT, BUT THEN THEY'RE GOING TO STILL BE IN THEIR SAME SITUATION. YEAH. HOW DO WE HOW DO WHAT'S THE PLAN TO HELP THEM MAINTAIN AFTER THEY'VE GOT THIS NEW SPACE? I LOVE THAT QUESTION. AND I WILL TELL YOU A COUPLE OF THINGS. FIRST, I THINK IT'S IMPORTANT TO NOTE THAT THIS IS AN ELDERLY COUPLE. RIGHT. SO THIS IS A FAMILY THAT IS AGING IN PLACE. SO OUR HOPES ARE THAT THAT THEY CAN DO SO GRACEFULLY. BUT TO THE HEART OF YOUR QUESTION IS ACTUALLY SOMETHING THAT I PERSONALLY AM DEEPLY PASSIONATE ABOUT. AND THAT IS MAKING SURE THAT WE ARE HOLISTIC IN THE WAY THAT WE DO OUR WORK. SO WHEREAS HABITAT HAS A VERY SPECIFIC AND SINGLE FOCUS IN TERMS OF THE DWELLING, IN FACT, I'M GOING TO POINT TO MISS EBONY GRAY. SHE'S SITTING OVER THERE. SHE IS ABOUT A WEEK ON THE JOB WITH US. SHE IS OUR NEW FAMILY SERVICES DIRECTOR, AND THAT'S EXACTLY WHY I HIRED HER. SHE'S A FIRECRACKER. I LOVE HER, BUT THAT'S EXACTLY WHY. BECAUSE I THINK WE CAN IMPROVE THE QUALITY OF OUR PROGRAM. WE CAN STILL BUILD HOUSES AND KEEP PEOPLE IN THEIR HOMES. BUT THE QUALITY OF THE LIFE IN THAT HOME IS IMPORTANT. AND I WOULD SAY TRADITIONALLY THAT HAS NOT BEEN A FOCUS OF HABITAT UNDER UNDER MY, I GUESS, LEADERSHIP. YOU COULD SAY WE INTEND TO IMPROVE THAT. SO WE'VE ALREADY STARTED I MEAN, SHE'S A WEEK ON THE JOB. WE'VE ALREADY STARTED TO CREATE ADDITIONAL HOMEOWNER TRAININGS AND EDUCATION WE'RE HOPING TO PUT IN PLACE AN ALUMNI ASSOCIATION, A MENTOR PROGRAM. SO TO YOUR POINT, AND IT TAKES THE VILLAGE. WE'RE TRYING TO HELP CREATE THAT VILLAGE AROUND THESE FAMILIES. WE NEED TO STAY FOCUSED. AND YOU ALL KNOW OF OUR BOTH OUR HISTORY AND OUR FINANCIAL ISSUES OVER THE LAST SEVERAL YEARS. SO I, ON ONE HAND, HAVE TO STAY LASER FOCUSED ON WHAT WE WHAT WE'RE HERE TO DO. ON THE OTHER HAND, I THINK WE CAN DO THAT AND IMPROVE THE LIVES AND QUALITY OF THE FAMILIES THAT WE'RE WORKING WITH. SO THAT'S KIND OF THE APPROACH WE'RE TAKING RIGHT NOW. OKAY. LOVE THAT QUESTION. YEAH. SO YOU'VE GOT YOU'VE GOT SOMEONE IN PLACE THAT'S ENGAGING WITH THAT. AND WHAT I HEAR IS THERE'S THERE HASN'T BEEN A HISTORY OF WHAT I WOULD THINK OF AS COLLABORATION WITH OTHER ORGS FROM A HOLISTIC STANDPOINT, BUT THAT SEEMS TO BE WHERE YOU'RE HEADING IN THAT DIRECTION. I WOULD SAY THAT IS A DEFICIT OF OUR CURRENT PROGRAM. OKAY, YEAH. AND IT IS AN ONGOING PROCESS. YOU KNOW, THIS IS I'VE BEEN HERE NOW JUST OVER A YEAR. AND ALTHOUGH MY GRAY HAIR WOULD TELL YOU THAT I'VE BEEN HERE TEN YEARS, IT FEELS LIKE JUST YESTERDAY IT FEELS LIKE A VERY SLOW IMPROVEMENT. BUT WE'RE STARTING TO GET THE BALL ROLLING PRETTY FAST, AND I'M HAPPY ABOUT SOME OF THE IMPROVEMENTS WE'VE BEEN ABLE TO MAKE. THANK YOU. I JUST WANT TO FOLLOW UP ON THAT AND YOUR ANSWER, ALUMNI ASSOCIATIONS AND HOMEOWNER EDUCATION ARE GREAT, BUT MONEY IS WHAT MAINTAINS HOMES, AND THIS FAMILY WILL NOT HAVE THE [02:00:01] MONEY TO MAINTAIN THIS HOME AFTER YOU BUILD THEM A NEW HOME. AND SO I I'M UNCLEAR I'M UNCLEAR ON HOW YOU JUST DESCRIBED THE HOMEOWNERS ABILITY TO ACTUALLY MAINTAIN THIS HOME IN THE FUTURE. WE'RE NOT ACTUALLY DOING ANYTHING TO SUPPORT THEM WITH MONEY TO KEEP THIS HOME UP. YEAH. AND I THINK TO YOUR POINT, IT IS IT IS THE CONNECTION. I MEAN, IF YOU LOOK AT THIS HOME, THIS DIDN'T HAPPEN OVERNIGHT, RIGHT? THIS WAS A SNOWBALL. THIS WAS YOU KNOW, AND IF I REMEMBER CORRECTLY, IN THE FAMILY THERE WAS AN INJURY THAT THAT RESULTED IN A LOSS OF WORK FOR A PERIOD OF TIME. SO THINGS HAPPEN IN FAMILIES THAT, IF NOT ADDRESSED EARLY, WILL SNOWBALL INTO WHAT YOU SEE HERE. SO OUR GOAL IS THE CONNECTION THERE. NOW THAT DOESN'T MEAN THAT THERE WON'T BE CAUSE FOR MONEY, BUT THAT'S WHERE OUR COLLABORATION WITH ALL OF OUR OTHER PARTNERS IS GOING TO COME INTO PLAY. AND WE AS A, AS A NONPROFIT, FEEL AN OBLIGATION TO HELP, HELP PROVIDE AT LEAST INFORMATION ON THE RESOURCES AVAILABLE TO THEM. SO WHETHER WE'RE ABLE TO COME IN AND REPAIR A LEAKY ROOF, WHICH MAYBE WE ARE DEPENDING ON THE TIMING OF THAT, OR IF WE NEED TO BE WORKING WITH OTHER NONPROFITS AND OTHER ASSOCIATIONS TO HELP WITH THAT. WE CERTAINLY WILL HELP FACILITATE IT. SO THE ALUMNI GROUPS AND THE MENTORS ARE INTENDED TO STOP THE SNOWBALL EFFECT. LET'S GET IN THERE. WHEN THERE'S A SMALL PROBLEM THAT EITHER WE CAN FIX OR WE CAN FIND THEM THE RESOURCES TO FIX SO WE DON'T END UP WITH A LIVING CONDITIONS LIKE THIS, WHICH PARTLY IS IT'S A SNOWBALL BECAUSE IT BECOMES OVERWHELMING. AND OUR GOAL IS TO STAY IN TOUCH SO THAT THESE THIS HOME OWNERSHIP DOESN'T BECOME OVERWHELMING. IF THAT DOES THAT HELP? SURE. AND I CAN'T TELL YOU SPECIFICALLY WHERE FUNDING WOULD COME FROM FOR A HOME REPAIR. THAT'S SOMETHING THAT WE'LL HAVE TO ADDRESS. BUT I WOULD SAY THAT WE'RE COMMITTED TO STAYING INVOLVED AS BEST WE CAN TO HELP THEM THROUGH THAT. AND I THINK TO THAT POINT, IF I CAN KEEP GOING WITH THAT, DAVID, IS I, I'M, I'M INTERESTED IN THIS TO SEE WHO YOU WOULD, WHO WOULD ACTUALLY COME ALONGSIDE YOU IN THIS PROJECT AS A COLLABORATION. RIGHT. BECAUSE I KNOW JUST AS MY WORKING IN, YOU KNOW, CHURCHES FOR 20 YEARS. RIGHT. LIKE THEY WOULD THEY THINK ABOUT THIS RELATIONSHIP. AND IS THERE A LOCAL CHURCH THAT'S GOING TO COME ALONGSIDE. IS THERE ANOTHER ORGANIZATION THAT AS YOU EVEN PRESENT THIS PROJECT, LIKE, HEY, WE'RE GOING TO HANDLE THIS AND HERE'S THE PEOPLE THAT ARE GOING TO HANDLE THIS AS WE GO FORWARD. IT'S IS THAT POSSIBLE? ABSOLUTELY. AND I AM SO THRILLED BECAUSE I'M NEW TO THE COMMUNITY. I'M STILL FIGURING OUT WHO ALL THE RIGHT PLAYERS ARE. THAT SAID, I AM OVERWHELMED BY THE REQUEST TO GET INVOLVED. WE HAVE LITERALLY GROUPS OF PEOPLE WHO WANT TO COME OUT AND BUILD, BUILD, BUILD EVERY DAY. WE'RE HAVING TO SLOW THEM ON THAT BECAUSE THEY WANT TO BE OUT. SO WE CERTAINLY HAVE THAT PORTION. AND LET ME JUST SAY FROM THE COST PERSPECTIVE, BACK TO THE BUDGET. WE'RE EVEN IN A POSITION WHERE WE HAVE WHAT WE CALL PROBABLY NOT A NICE WORD, BUT PAY TO PLAY. CORPORATIONS ARE PAYING US TO BRING THEIR TEAM OUT AND BUILD FOR A DAY THAT HELPS US UNDERWRITE THE COST. SO THERE'S THAT. NOW TO YOUR OTHER POINT, THE IDEA OF ADOPTING AND MENTORING A PROJECT BY EITHER A CHURCH GROUP, A SOCIAL SERVICE, A CIVIC CLUB IS VERY IS VERY MUCH ON OUR RADAR. AND AGAIN, I'LL SAY WE'VE ONLY HAD ABOUT A WEEK TO START FORMULATING THIS, BUT THAT'S IN MY MIND. THAT'S EXACTLY IT. WE'RE CREATING A PROGRAM IN WHICH WE CAN GO OUT AND CREATE THE VILLAGE AROUND ONE OF THESE PROJECTS. I WOULD ABSOLUTELY LOVE IT IF THAT WE EITHER FOUND A CORPORATION OR A GROUP OF SOME SORT THAT WOULD ADOPT THIS PROJECT FROM BEGINNING TO END, MEANING WORKING WITH THE FAMILY, WORKING WITH THE CONSTRUCTION, WORKING WITH THE MOVE IN MONITORING, BEING A LONG TERM PARTNER THERE. I DON'T HAVE ONE SET UP FOR THIS PROJECT, BUT IT DOESN'T MEAN WE WON'T BE LOOKING FOR IT. YEAH, AND YOU'RE EXACTLY RIGHT. THIS GOSH, EVERYBODY WANTS TO BE INVOLVED IN THIS. I MEAN, THIS IS FUN STUFF, BUT RIGHT NOW IT'S TRYING TO FIGURE OUT HOW BEST TO DO THAT. SO IT'S SUSTAINABLE. I DON'T WANT US TO FIND OURSELVES IN THE SAME POSITION WHERE WE'RE KIND OF CIRCLING THE DRAIN AND, AND NOT ABLE TO SUSTAIN THE WORK WE'VE STARTED. DOES THAT HELP? THANK YOU AGAIN. THIS YOU HAVE A QUESTION, CHRIS? NO. OKAY. AGAIN THIS THIS IS A PUBLIC HEARING. ANYONE HERE TO SPEAK TO THIS PUBLIC HEARING ITEM OKAY. THANK YOU. SHONDA, CAN I GET A MOTION TO CLOSE THE PUBLIC HEARING? I'LL MAKE A MOTION TO CLOSE PUBLIC HEARING. MOTION TO CLOSE BY. CHRIS. I'LL SECOND. SECOND BY MARCUS. ALL GOOD. THANK YOU, THANK YOU. AND I WILL JUST SAY, YOU KNOW, I KNOW SOME OF THESE DISCUSSIONS GET VERY LENGTHY, BUT WE ALWAYS WANT TO PROVIDE TRANSPARENCY TO THE COMMUNITY AND MAKE SURE THAT WE ARE ASKING QUESTIONS AND GETTING DETAILED ANSWERS SO THAT THE COMMUNITY, BECAUSE WE ARE STEWARDS OF THE [02:05:01] MONEY, KNOW THAT WE HAVE DONE OUR DUE DILIGENCE TO ASK THE QUESTION. SO THANK YOU AGAIN. [Conduct a Public Hearing and Consider/Discuss/Act on a Project Grant Application Submitted by Entertainment Properties 360 LLC (4B25-16) in an Amount of Two Million and No/100 Dollars ($2,000,000.00) for Enhancements to the Privately Owned, Publicly Accessible Park Located in the Commercial Portion of West Grove Retail Development at 8701 West University Drive, McKinney, Texas, to Include Playscapes, Shade Structure, Water Feature, Trees, Public Restrooms, and Wi-Fi. Request Represents 100% of Total Project Cost.] NEXT ITEM 25 DASH 2993 CONDUCT A PUBLIC HEARING. CONSIDER, DISCUSS, ACT ON A PROJECT GRANT APPLICATION SUBMITTED BY ENTERTAINMENT PROPERTIES 360 LLC FOR B 2516, IN THE AMOUNT OF $2 MILLION FOR THE ENHANCEMENTS TO THE PRIVATELY OWNED, PUBLICLY ACCESSIBLE PARK LOCATED IN THE COMMERCIAL PORTION OF WEST GROVE. RETAIL DEVELOPMENT, 8701 WEST UNIVERSITY DRIVE, MCKINNEY, TEXAS, TO INCLUDE PLACE GATES, SHADE STRUCTURE, WATER FEATURE TREES, PUBLIC RESTROOMS. WI FI REQUEST REPRESENTS 100% OF THE TOTAL PROJECT COST. PRESENTER. MAY. OH, THERE YOU GO. MAYOR, I MOVED UPFRONT. THANK YOU, MADAM CHAIR. GOOD MORNING, BOARD MEMBERS. THANKS FOR HAVING US AND GREAT PRESENTATIONS TODAY. SO THANKS FOR ALL THAT YOU DO THAT WOULD GO OVER THIS REAL QUICK. YOU KNOW, THE CDC IS CHARGED WITH THE SUSTAINABILITY OF THE CITY AND ACTIVITY AND USING THE TAXPAYER FUNDS WISELY. MANY OF YOU HAVE VISITED THE WEST GROVE PARK DEVELOPMENT. HOPEFULLY IT OVERDELIVERED FOR WHAT YOU EXPECTED BECAUSE IT SURE LOOKS NICE AND IT'S OPEN, AND THE DEVELOPMENT ITSELF IS OVER $200 MILLION INVESTMENT. SO IT'S A SIGNIFICANT INVESTMENT IN THE CITY OF MCKINNEY. AND PART OF THAT HAS PARK IN THERE ACTUALLY TWO PARKS, TWO ACRES WORTH. THE ONE WE'RE TALKING ABOUT IS THE FIRST PARK THAT IS PART OF THE RETAIL AND PART OF BEING A DESTINATION, AND THE EXACT LOCATION WHERE IT IS, WHERE IT'S GOING TO BE GETTING PURCHASERS AND BUYERS AND VISITORS FROM THE REGION, NOT JUST MCKINNEY. THAT PARK IS IN THE HEART OF IT. AND AFTER SEEING THAT PARK DEVELOP AND THE PROJECT DEVELOP, I'M A LITTLE BIT OUTSIDE MY LANE HERE. BUT IT SAID, WHAT A GREAT OPPORTUNITY FOR THE CITY OF MCKINNEY AND FOR THE DEVELOPER AND FOR THE RESIDENTS. AND WHAT I MEAN BY THAT IS THE PARK IS THERE, IT'S BUILT, IT'S BEAUTIFUL PARK, AND IT'S MEETS THE REQUIREMENTS. IT IT'S OPEN SPACE AND THERE'S RESTAURANTS THAT ARE ACTUALLY ON THE PARK WITH PATIOS. AND THOSE OF YOU THAT VISITED MAY HAVE SEEN THE SAME THING I DID, WHICH WAS, WOW, THIS IS THIS IS A REALLY GOOD OPPORTUNITY FOR LONG TERM SUSTAINABILITY AND AN INVESTMENT TODAY THAT IS GOING TO LAST A LIFETIME AND MANY LIFETIMES. AND WHAT I MEAN BY THAT IS, YOU KNOW, CITIES ALWAYS HAVE THE REQUIREMENT OF OPEN SPACE IN ANY DEVELOPMENT. AND DEVELOPERS TEND TO DO THAT BECAUSE NUMBER ONE, THEY'RE REQUIRED. AND TWO, THEY HOPEFULLY LOOK AT IT AS AN AMENITY TO THEIR COMMUNITY. AND SO BUT THE HARDER PART IS BECAUSE OF THE ACTIVITY OF THE MARKETPLACE, SOME DEVELOPMENTS ARE SOLD. THEY GO INTO NEW HANDS, THEY'RE DEVELOPED AND NOW THEY'RE AN INVESTMENT, BUT THEY'RE NOT REALLY ACTIVATED, THEY'RE NOT PROGRAMED. AND THAT'S WHAT'S ALWAYS BEEN MISSING. I THINK YOU ALL HAVE RECOGNIZED THAT MANY TIMES IN THE PAST, AND IT'S SOMETHING THAT'S COMMON. AND HERE THERE'S AN OPPORTUNITY. AND AFTER TALKING TO THE DEVELOPER WHO'S WITH ME AND THE OWNER, ARTEMIO DE LA VEGA, AND I'M SURE HE'LL BE ABLE TO ANSWER QUESTIONS FOR YOU. YOU KNOW, I TALKED TO HIM ABOUT WHAT IF WE GET THIS ACTIVATED? WHAT IF WE DO SOMETHING UNIQUE HERE TO MAKE IT A TRUE DESTINATION? AND THAT WAS REINFORCED WHEN HE RECEIVED CALLS FROM SOME OF THE STONEBRIDGE COMMUNITY AND HOMEOWNERS AS WELL. YOU KNOW, HOW ARE YOU GOING TO ACTIVATE THIS? WHAT ARE WE DOING AT THIS PARK? SO LET ME GO THROUGH THIS REAL QUICK, IF YOU DON'T MIND. AND MY CONTROLLING THIS OR. CINDY, ARE YOU OKAY? THERE IT IS. OKAY. SORRY. JUST A REAL QUICK. THE THIS IS THE ACTUAL VISUAL OF THE DEVELOPMENT TODAY. AND I'LL GO THROUGH THIS QUICKLY BECAUSE I KNOW IT'S BEEN A LONG MORNING FOR YOU ALL. THE DEVELOPER ALSO HAS OTHER PROJECTS TO SHOW THAT WHAT HE'S DONE, WHAT HE IS DOING. ONE OF THOSE IS THE CENTRAL IN DALLAS THAT'S TAKING PLACE RIGHT NOW, ABOUT $1 BILLION DEVELOPMENT, WHICH HAS A PARK AND HAS RESTAURANTS. AND YOU ALL WILL PROBABLY KNOW WHERE THIS IS, BECAUSE IF YOU REMEMBER THE STORIES ABOUT THE LEANING TOWER OF DALLAS, THAT'S THIS DEVELOPMENT. AGAIN, OTHER PROPERTIES THAT THAT MR. DE LA VEGA HAS IS IN EL PASO, TEXAS, LUBBOCK. AND THIS OF COURSE, THIS PROJECT IS NEWEST ONE THAT IS PRETTY MUCH OPENING. AND MANY OF THE FACILITIES ARE OPEN IN IT. IT JUST GIVES YOU A QUICK VISUAL OF IT. IT'S 100,000FT■!SF RETAIL. WHOLE FOODS IS OPENING NEXT MONTH. SO I KNOW THAT THE COMMUNITY IS REALLY LOOKING FORWARD TO THAT. THERE'S LUXURY RETAIL AND DINING AND A ONE ACRE COMMUNITY PARK AS PART OF THE INITIAL PHASE. WHAT WE MEAN BY LUXURY RETAIL AND DINING, YOU KNOW, THOSE WORDS ARE THROWN AROUND A LOT IF YOU GO THERE. VERY FEW CHAIN TYPE RESTAURANTS AND RETAILERS, MANY OF THEM ARE, YOU KNOW, ENTREPRENEURS. THEY'RE UNIQUE. I KNOW MR. DE LA VEGA. I'VE SEEN HIM DO THIS. HE'LL FLY OUT TO OTHER STATES TO VISIT RESTAURANTS AND THAT ARE THEY HEARD ABOUT THAT ARE VERY UNIQUE. SO HE'S WORKED PRETTY HARD TO MAKE THIS A VERY SPECIAL DESTINATION FOR MCKINNEY. THE [02:10:04] CURRENT STATUS THE PARK WAS COMPLETED IN MAY AS AS I MENTIONED IT, IT MEETS CITY CODE. IT'S A PARK. IT'S A BEAUTIFUL PARK. AND THE CONSTRUCTION ON THE ACTUAL PARK WAS 1.247 MILLION. AND IT'S BASICALLY OPEN SPACE. AND WHAT WHAT WE'RE DISCUSSING HERE IS ACTIVATING IT. AND BESIDES THE INITIAL 200 MILLION PLUS DEVELOPMENT, THE DEVELOPER ALSO HAS COMMITTED TO OPERATING IT IN PROGRAMING IT. BECAUSE HONESTLY, AS A CITY GOVERNMENT, YOU KNOW, YOU HAVE A PRETTY GOOD HANDLE ON YOUR BUDGET TODAY. YOU KNOW WHAT FUNDS ARE AVAILABLE, WHAT TAXPAYER DOLLARS ARE PUT INTO IT, WHAT THEY'RE TO BE USED FOR THROUGH THE VISION OF THE COUNCIL AND WHAT YOU ALL DO. BUT THE REAL EXPENSE IS THE ONES YOU DON'T SEE IN TEN AND 20 YEARS THE ONGOING MAINTENANCE, MAINTENANCE AND OPERATION. AND IN THIS CASE, THE DEVELOPER HAS COMMITTED TO MAINTAINING IT, TO OPERATING IT, TO PROGRAMING IT. GO TO THIS NEXT SLIDE. THE AGAIN THE PURPOSE IS, IS JUST TO ELEVATE IT FROM OPEN SPACE TO ACTIVE SPACE. COMMUNITY EVENTS, DESTINATION INCREASE THE VALUE OF THE PROPERTY. YOU KNOW THIS IS THIS WILL ALSO HELP THE DEVELOPMENT ITSELF WHERE THOSE RESTAURANTS WILL BE MORE ACTIVE. PEOPLE WILL COME THERE WHEN THEY HAVE A CHOICE TO GO TO PROSPER OR FRISCO OR OTHER CITIES. BEING ABLE TO SIT ON A PATIO, WHICH WE ALL KNOW IS VERY, VERY IMPORTANT TO OUR RESIDENTS AND HEAR MUSIC, OR HAVE THEIR KIDS PLAY IN THE PARK. AND THIS IS JUST, AGAIN, A VERY UNIQUE OPPORTUNITY TO ACTIVATE A PARK THAT'S THERE. AND THAT'S WHAT IT LOOKS LIKE TODAY. THAT'S THE EXISTING OPEN SPACE. IT'S A NICE LANDSCAPING, NICE OPEN SPACE FOR PEOPLE TO PLAY ON, BUT NOT REALLY ACTIVATED. AND THEN ENHANCEMENTS. THIS IS WHAT WE'VE BEEN DISCUSSING. THE PLAYSCAPES CHILDREN'S PLAY AREAS, AN EVENT STAGE WHERE MUSIC CAN BE PROGRAMED AND USED OFTEN TO BRING PEOPLE THERE, AND OF COURSE IN AS THE RIGHT TIME OF YEAR HERE. JULY SHADE STRUCTURES. PUBLIC RESTROOMS WILL BE ADDED. AND IT'S REALLY IS IMPORTANT TO NOTE THAT WHILE THIS IS A PRIVATE DEVELOPMENT, THIS PARK IS A PUBLIC PARK. IT CAN BE USED BY THE PUBLIC, IT'S OPEN TO ANYBODY, AND IT WILL BE ACTIVATED FOR THE PUBLIC AT LARGE. LARGE WATER FEATURES AND PAVERS. AND THAT'S THE END OF IT. AND AGAIN, I WOULD JUST LEAVE YOU WITH IT'S AN OPPORTUNITY TO CREATE SOMETHING SPECIAL FOR LONG TERM. IT'S NOT A YOU KNOW, WE COME BACK YEAR AFTER YEAR, WE NEED TO DO THIS OR WE NEED TO DO THAT. I THINK THIS JUST BUILDS THE STRUCTURE AND THE FOUNDATION FOR THE LONG TERM OF THE CITY OF MCKINNEY AND SUSTAINABILITY, BOTH FOR THE DEVELOPMENT AND FOR THE CITY. SO I'LL STOP THERE AND TAKE ANY QUESTIONS AND WANT TO HEAR FROM MR. DE LA VEGA. HE'S HAPPY TO ANSWER QUESTIONS ALSO. SO I JUST HAVE A COUPLE OF QUESTIONS. SO IN LOOKING AT WHAT'S KIND OF IN INCLUDED IN THE REQUEST THE PUBLIC RESTROOMS, THE WI-FI. IS THERE ANY INVESTMENT FROM THE RETAILERS THERE OR THEY YOU KNOW, BECAUSE OF COURSE SOME OF THIS LIKE WI-FI, IS IT JUST ANYONE? THEY'RE USING IT. IS IT FOR THE WHOLE CAMPUS, IF YOU WILL, OR THE AREA? YEAH, THE WI-FI WILL BE PUBLIC. IT'LL BE FREE, OPEN WI-FI. SO WHETHER THEY'RE SITTING AT A RESTAURANT AND MANY OF THOSE RETAILERS WILL HAVE THEIR OWN ALSO. BUT THE PLAN IS TO MAKE IT FOR THE PUBLIC PORTION AND ALSO FOR PROGRAMING. IT HELPS HAVING WI-FI BECAUSE IT DEPENDS WHAT YOU HAVE THERE. THEY'RE GOING TO HAVE THAT NEED. SO IT'S FOR EVERYBODY. YOU SAID THE DEVELOPER IS GOING TO DO THE PROGRAMING HIMSELF. HOW MANY EVENTS IS HE ANTICIPATING MONTHLY OR YEARLY AT THE AT THE PARK? I DON'T HAVE AN EXACT FIGURE FOR YOU, BUT WHAT WE CAN SAY IS PART OF THE EVENTS ARE GOING TO BE HOLISTIC AND NATURAL. KIDS PLAYING ON THE PLAYGROUND, BUT ON THE MUSIC FRIDAY NIGHT, SATURDAY NIGHTS, MOST OF THEM WILL BE COVER BANDS. LOCAL BANDS GIVE THEM ANOTHER OPPORTUNITY TO PLAY. MANY HAVE ALREADY REACHED OUT, SO WE DON'T HAVE THE ANSWER TO THAT, AND PART OF THE EXPENSE THAT THE DEVELOPER WILL HAVE TO BEAR IS HE WILL PROBABLY HIRE SOMEBODY JUST FOR THE PROGRAMING OF HIS, NOT JUST THIS FACILITY, OTHER FACILITIES. SO IT'LL BE OPERATED NOT JUST HAPHAZARDLY, BUT BY SOMEBODY PROGRAMING IT. SO I CAN'T ANSWER THAT DIRECTLY, BUT WE EXPECT MUSIC ON THE EVENINGS, DURING THE DAYS AND THINGS FOR PEOPLE TO DO. I ALSO SEE SOME COMMUNITY EVENTS WITH PARKS AND REC NEEDS TO USE IT. IF YOU LOOK AT THE ACTUAL PARK, THERE'S FIRE LANES THAT WERE REQUIRED TO BE PUT ACROSS THERE, BUT THEY WERE DESIGNED IN SUCH A WAY THAT THEY COULD ACTUALLY BE CLOSED OFF. WORKING WITH THE PUBLIC SAFETY OFFICIALS TO WHERE YOU CAN CREATE A LONGER LINEAR PARK FOR THE LARGER ACTIVITIES, WHETHER IT'S EASTER EGG HUNTS. SO AGAIN, IT'S GOING TO BE AVAILABLE FOR THE CITY OR [02:15:02] NON-PROFITS TO USE AS NEEDED. BUT IT'S ALSO PROGRAMED BY THE ACTUAL DEVELOPER. I GUESS FOR ME, I WOULD I MEAN, I KNOW IT'S ONLY A MONTH AWAY, BUT WE'RE WE'RE VOTING NEXT MONTH, BUT I WOULD LIKE TO SEE SOME SORT OF PLAN PUT TOGETHER BECAUSE I KNOW OVER AT HUD AND DISTRICT 121, THEY HAVE SOMEBODY TO DO THE PROGRAMING. YOU CAN SEE THE CONCERTS THEY HAVE THERE. SO IF WE'RE GOING TO INVEST IN $2 MILLION IN THIS PROJECT, I WOULD LIKE TO SEE SOME SORT OF LAYOUT ON WHAT YOU ANTICIPATE FOR THE PROGRAMING, BECAUSE I WOULD LIKE THAT TO BE INVOLVED. THAT'D BE PART OF OUR CONTRACT THAT SAYS YOU CAN PROVIDE THIS MANY PUBLIC EVENTS FOR WHETHER IT BE MUSIC OR PLAYS OR, YOU KNOW, WHATEVER IT IS. YEAH, THAT'S SOMETHING THAT CAN BE DONE. AGAIN, IT'S A IT'S A WORK IN PROGRESS. TAKING THE BASIC NON ACTIVE PARK AND ACTIVATING IT. YOU'RE NOT GOING TO INVEST THAT KIND OF MONEY IN NOT USE IT WITH A STAGE AND EVERYTHING ELSE. SO YEAH. AND THE COMMUNITY'S NEEDS I MEAN THERE'S PROBABLY SOME DIALOG WITH THE COMMUNITY IN STONEBRIDGE. WHAT DO THEY LIKE TO SEE? NATURALLY, WE KNOW THAT, OF COURSE, AT A RESTAURANT, YOU KNOW, BACKGROUND MUSIC OR A PLACE FOR THE KIDS TO PLAY OR ACTIVITIES, THOSE WE CAN SEE THAT. YEAH, I HAVE SOME QUESTIONS. THEY BUILD A LITTLE BIT ON CHAIRWOMAN'S. WHEN THE EXISTING LEASES WERE STRUCTURED OR AS YOU'RE EXPECTING NEW TENANTS, IS THERE A REASON THIS WASN'T BUILT INTO THE CAM FEES? LIKE WHY WOULDN'T THE RETAILERS THEMSELVES BE PAYING A PORTION TOWARDS THE ACTIVATION OF THIS EXPECTATION IS PART OF THE PROGRAMING AND UPKEEP WILL BE TRIPLE NET, BUT YOU CAN ONLY PUT SO MUCH ON RETAILERS AND KEEP IT COMPETITIVE WITH OTHER DEVELOPMENTS AND OTHER CITIES IN THERE. BUT THE ACTUAL CAPITAL COSTS ARE NOT TYPICALLY INCLUDED IN TRIPLE NET. AND WHEN YOU'RE DOING A PROJECT AND AGAIN, IF YOU HAVEN'T VISITED, I REALLY ENCOURAGE YOU. I LIVE AROUND THE CORNER. SO YOU'VE SEEN IT. I'VE BEEN THERE MANY TIMES. I JUST WENT THERE THE OTHER DAY TO TAKE PICTURES. MY OTHER QUESTION IS LIKE, IT'S BEING PROPOSED TO HAVE PATIOS AND HAVE A WATER SCREEN TYPE FEEL, BUT DRIVING BY IT, THE RESTAURANTS END AND SO THERE ARE NO PATIOS OVERLOOKING THAT THERE IS UNLESS I'M MISSING. WHERE ARE THEY? WHICH ONES ARE THERE NOW? YEAH, AND I'M GLAD YOU COULD. AND HOPEFULLY WHEN YOU DROVE BY THERE YOU SAW THAT THE QUALITY IS HIGHER THAN WAS REQUIRED. IT WAS THEY INVESTED A LOT OF MONEY. BUT TO YOUR QUESTION IS, AT A CERTAIN POINT, IF YOU LOOK AT THE RETAINING WALLS ON THE BACK, FOR EXAMPLE, THEY'RE FAIRLY SIGNIFICANT. SO THE COST OF THE PROJECT WAS SIGNIFICANTLY MORE THAN THAN ANTICIPATED ORIGINALLY. SO IT'S HARD TO SAY. WELL, LET'S JUST PUT TWO MORE MILLION DOLLARS IN. THERE'S A PARK THAT'S REQUIRED. IT'S A NICE AMENITY, BUT IT'S JUST A PARK. AND THAT'S THE IDEA IS TO PROGRAM IT. BUT ONE THING ABOUT PATIOS AND RESTAURANTS. THE ONE UP HERE, THE PATIOS ARE UNDER CONSTRUCTION. NONE OF THE RESTAURANTS ON THE NONE OF THE RESTAURANTS. COME ON OVER HERE. THANK YOU, THANK YOU. SOMEBODY'S GOING TO LOOK AT THIS LATER. SO TO MAYOR, TO MAYOR'S POINT, NONE OF THE RESTAURANTS ON THE PARK ARE OPEN. THEY'RE UNDER. THERE ARE. ONE IS ABOUT TO START UNDER CONSTRUCTION, ONES UNDER CONSTRUCTION. THE OTHER TWO THERE'S FOUR CORNERS THERE. TWO ARE UNLEASHED. ONE IS UNDER CONSTRUCTION, THE OTHER ONE IS IN FOR PERMIT. MY UNDERSTANDING IS THEY'RE ABOUT TO GET THEIR THEIR FINAL PERMIT AND START CONSTRUCTION. HOPEFULLY IN A COUPLE OF WEEKS THEY'LL HAVE PATIOS AND THEY'LL HAVE PATIOS. THE OTHER TWO WERE ENTERTAINING NEW NEW LEASES. WE DON'T WE DON'T HAVE THEM LEASED. AND TO MAYOR'S POINT, THE MARKET, YOU KNOW THE RESTAURANTS CAN PAY JUST SO MUCH. AND SO I DON'T SEE I DON'T SEE THAT THERE'S A WAY FOR US TO CHARGE CAPEX ON THE PARK TO THE RESTAURANTS. SOME OF THESE RESTAURANTS WERE COMPETING WITH FIELDS WHO GOT A TREMENDOUS AMOUNT OF MONEY AND INCENTIVES, AND TRYING TO GET THEM TO COME HERE HAS BEEN HARD ENOUGH IF WE WERE TO ADD MORE. BUT I, I THINK YOUR QUESTION WAS GOOD, AND IN THE SENSE THAT WE ARE CHARGING THE RESTAURANTS, COMMON AREA MAINTENANCE, ONGOING MAINTENANCE, BUT NOT IT'S THE CAPEX IS NOT FACTORED IN TO THE RETURN FOR THOSE RESTAURANTS FOR THE DEVELOPER, WHICH IS WHY WE'RE HERE. ALL RIGHT. AND FOR THE APARTMENTS THAT ARE TO BE BUILT ALONG THE SOUTHERN END, THAT'S AN AMENITY THAT THOSE, YOU KNOW, RENTING THERE WILL PARTICIPATE IN. SO WILL THERE BE AN ELEMENT IN THERE? YOU KNOW, I MEAN, WILL RENT BE ESCALATED BECAUSE NOW THIS IS GOING TO BE AN ACTIVE PARK WITH CONCERTS AND THINGS. RIGHT? YOU KNOW, AT THEIR AT THEIR FOOTSTEPS. I THINK THE EXPECTATION FOR THE RESTAURANTS THAT THAT PROJECT IS A LUXURY PROJECT. AND I THINK THE EXPECTATION IS THAT THEY'RE THEY'RE PAYING INTO A HIGHER END PROJECT, YOU KNOW, THE OVERALL VISION FOR, FOR WEST GROVE HAS ALWAYS BEEN TO KEEP PEOPLE IN THE PROJECT, MEANING OTHER PROJECTS ALONG 380, PRETTY MUCH ALL THE PROJECTS ALONG 380 ARE DESIGNED, YOU KNOW, WITH BIG PARKING LOTS AND A LOT OF CONCRETE. AND THEY'RE DESIGNED TO GET PEOPLE IN AND OUT AS QUICKLY AS POSSIBLE. THIS [02:20:01] PROJECT IS DESIGNED TO KEEP PEOPLE IN THE PROJECT THROUGH, ABOVE AND BEYOND ARCHITECTURE, PATIOS, GREEN SPACE, PLACEMAKING, YOU KNOW, AND ENHANCEMENTS LIKE WHAT WE'RE DISCUSSING HERE. OKAY, SO HOW DOES THAT FUNCTION IN WITH THE RESIDENTIAL? I THINK THAT'S WHAT YOU WERE TALKING ABOUT, RIGHT? YOU WERE TRYING TO FIGURE OUT, LIKE, IS THERE SOME WAY IN WHICH THE RESIDENTS WILL HELP? I MEAN, OBVIOUSLY NOT FRONTLOADED, BUT HOW DOES THAT AFFECT THE RESIDENTS PAY? IS THAT WHAT YOU'RE WHAT I'M HEARING, I THINK IT'S MORE TOWARDS. YEAH, I THINK YOU'RE RIGHT. THE MULTIFAMILY IS SEPARATE OWNERSHIP. BUT THAT PARK IS PART OF THE LINEAR PARK. IT IS GOING TO BE PUBLIC, BUT THERE IS NO FINANCIAL TIE INS BETWEEN THE TWO PROJECTS. DOES THAT HELP ANSWER THAT? WELL, I GUESS I MEAN, IF I JUST BARE BONE IT, RIGHT? IF I WAS GOING TO PAY $2,500 A MONTH FOR AN APARTMENT THERE, BUT NOW THERE'S GOING TO BE THIS PARK AND THERE'S GOING TO BE CONCERTS AND EVERYTHING RIGHT AT MY FOOTSTEP, THEN MAYBE I WOULDN'T MIND PAYING, YOU KNOW. SURE, SURE, A COUPLE HUNDRED DOLLARS MORE A MONTH. SO WHAT I'M SAYING IS, ARE YOU. ARE YOU TRYING TO RECOUP ANY OF THE MONEY THAT YOU MAY OTHERWISE OUTLAY? IF THIS BOARD DOESN'T FUND THIS THROUGH THE TENANTS OF THAT APARTMENT COMPLEX, BECAUSE IT DOESN'T SOUND LIKE YOU'RE REALLY GETTING IT FROM THE RETAILERS. NO. SO THE SHORT ANSWER IS NO. THAT DEVELOPMENT IS A SEPARATE DEVELOPMENT. WE KNOW THE AMENITIES WILL MAKE THEIR PROPERTY MORE VALUABLE. THEY ALREADY HAVE A PARK, BUT IT'S NOT TIED INTO THIS AT ALL. SO THOSE FUNDS DO NOT GO INTO THE COMPLETELY SEPARATE. BUT I WOULD SAY THAT FROM A CITY PERSPECTIVE, THOSE TENANTS ARE GOING TO BE, WE ALL KNOW, LIVE, WORK AND PLAY, RIGHT? HOPEFULLY THEY WON'T GET IN THEIR CAR AND LEAVE SOMEWHERE ELSE TO GO EAT A RESTAURANT THERE. SO THEIR SALES TAX DOLLARS MORE APT TO BE STAYING HERE. AND THE OTHER PART OF IT IS MANY TIMES APARTMENT BUILDINGS PER SQUARE FOOT ARE THE MOST VALUABLE FOR PROPERTY TAXES FOR THE CITY. SO THOSE VALUES WILL GO UP BECAUSE OF THIS. BUT THERE'S NO FINANCIAL IMPACT TO THE DE LA VEGA GROUP. OKAY. AND TO DAVID'S POINT ABOUT A PLAN FOR PROGRAMING, I THINK IT WOULD BE VERY HELPFUL. A LOT OF THESE ARE PROPOSED ENHANCEMENTS. IT'S REALLY IT'S ONE ACRE THAT WE'RE TALKING ABOUT. SO TO HAVE A WATER FEATURE, A STAGE, A PUBLIC RESTROOM, A PLAYGROUND AREA FOR PEOPLE TO WATCH, A PERFORMANCE ON, A STAGE THAT IS GOING TO BE EATEN UP PRETTY QUICKLY, I THINK I'D LIKE TO SEE A RENDERING SPECIFICALLY OF THE ENHANCEMENTS THAT YOU THINK YOU CAN FIT THERE. SO WE COULD HAVE A BETTER SENSE OF WHAT TYPES OF PROGRAMING ARE ACTUALLY GOING TO BE REALISTIC. SO WE CAN PROVIDE THAT. AND AGAIN, JUST TO TAKE A ONE STEP BACK, THIS THIS STARTED WITH THE IDEA OF MAKE THIS VERY SOMETHING SPECIAL A TRUE DESTINATION AND ACTIVATED. SO THESE THOUGHTS WERE JUST COME FROM THE COMMENTS WE RECEIVED BACK FROM CITY STAFF, FROM THE PEOPLE THAT HAVE THAT ARE ALREADY GOING THERE FROM THE NEIGHBORHOOD. AND SO THIS WAS JUST A WAY TO ACTIVATE IT. WE REMEMBER WE TALKED ABOUT THE OLD HUB PROJECT WHERE THERE'S MUSIC AND THERE'S ACTIVITY. SO IF YOU HAVE SOMETHING ELSE YOU WANT US TO CONSIDER, I THINK THE DEVELOPER WILL CONSIDER IT. THE REALITY IS HE'S DONE WHAT HE WAS SUPPOSED TO DO AND IT'S OPEN SPACE IS DONE. IT'S REALLY AN OPPORTUNITY FOR THE CITY, FOR FOREVER, FOR LONG TERM TO CREATE SOMETHING SPECIAL. SO BUT TO THAT POINT, YEAH, WE'LL HAVE WE'RE HAPPY TO LAY THAT OUT FOR YOU. THE EVENTS I THINK IT'S GOING TO BE PARTIAL GENERAL PLAN. WE KNOW IT'S GOING TO BE AGAIN VERY NATURAL ACTIVITY OUT THERE WHEN I GO. I WON'T NAME CITIES WHEN I GO TO A RESTAURANT THAT HAS A LITTLE POND, THERE'S A LITTLE STATUES THERE. THE KIDS ARE OUT THERE PLAYING WHILE THE PARENTS ARE HAVING A GLASS OF WINE AND STUFF. SO WE EXPECT MORE OF THAT, ESPECIALLY WITH THE PLAYGROUND. YOU'LL SEE MORE FAMILIES, MORE ACTIVITY FROM THAT PERSPECTIVE. ONE QUESTION I HAVE, JUST HYPOTHETICALLY, IF WE IF THE BOARD WAS LOOKING TO INVEST SIGNAGE LIKE IS THERE ANY SIGNAGE INCORPORATING THIS THAT HIGHLIGHTS MCDC YOU KNOW, ANYWHERE AROUND THE PROPERTY? I DON'T KNOW IF I SEE LIKE, SIGNS. OF COURSE, THE PROJECT ITSELF HAS SIGNAGE, BUT I THINK WHAT YOU'RE INTENDING IS IN THE PARK ITSELF FOR FUNDING. YEAH, I MEAN, THAT'S THAT'S FAIR ENOUGH. AND I THINK THE OTHER THING IS JUST IF THERE'S SHORT INVENTORY, LET'S JUST CALL IT INVENTORY OF PARKS. I'M NOT SAYING THERE IS, BUT IF THERE IS OR ACTIVITIES NEED TO BE HELD SOMEWHERE, I THINK IT'S EVERYBODY'S BEST INTEREST TO DO THINGS THERE. SO I WOULD ENCOURAGE YOU ALL TO THINK WHAT, WHAT WHAT ARE THE HOLES IN THE CITY THAT COULD BE FILLED HERE, THAT ARE FAMILY FRIENDLY, THAT ARE ACTIVITY? YOU KNOW, WE ALL KNOW RETAIL IS CHANGE AND WILL CONTINUE TO CHANGE THE MORE ACTIVE WE CREATE IN THIS DEVELOPMENT, IT'S BETTER FOR THE DEVELOPER, BETTER BUT BETTER FOR THE CITY. YOU KNOW, YOU'RE FUNDED THROUGH SALES TAX AND ESPECIALLY BEING ON THE EDGE OF MCKINNEY LIKE THAT. YOU'RE BRINGING OUTSIDE TAX DOLLARS AND IT'S A BIG DEAL, A BIG DEAL FOR FINANCIAL SUSTAINABILITY. SO IT'S JUST ONE MORE WAY TO MAKE IT A VERY SUSTAINABLE PROJECT [02:25:02] FOR MINIMAL INVESTMENT. IF YOU THINK ABOUT IT FROM A PERSPECTIVE OF HOW LONG THE LENGTH OF TIME, THIS IS NOT A ONE YEAR PROGRAM. IT'S FOREVER. IT'S PART OF THE INFRASTRUCTURE FOR THAT DEVELOPMENT. I LIKE WHAT HE'S TRYING TO DO BECAUSE I THINK THIS PART OF TOWN DEFINITELY NEEDS SOMETHING LIKE THE DISTRICT CAN HAVE 1 TO 1 BECAUSE YOU GO THERE ON THE WEEKENDS OR WEEKDAYS. IT'S PACKED OVER THERE. BUT LIKE JOY SAID, IT'S ONLY AN ACRE PLAT HERE, SO I SURE HATE TO SEE US TRY TO JAM TOO MUCH IN ACRE, AND THEN IT'D JUST BE TOO CONGESTED AS TO WHERE WE'RE DOING SOMETHING A LITTLE NICER, WHERE WE CAN UTILIZE THAT ONE ACRE TO WHERE IT'S GOING TO BE A DESTINATION, WHERE PEOPLE ARE GOING TO COME TO AND HANG OUT. SO I AGREE, YEAH, ULTIMATELY THERE REALLY IS TWO ACRES THERE BECAUSE THE OTHER PARTS ALSO PUBLIC. BUT YOU'RE RIGHT, IT'S I THINK WHEN THEY LAID THIS OUT, IT LOOKED LIKE IT WOULD WORK REALLY WELL. AND WE'RE NOT TALKING 5000 PEOPLE OUT THERE. YOU KNOW, IT'S JUST GOING TO BE MORE CONTINUOUS. AND WE MAY GET THAT 5000, BUT NOT IN ONE SITTING UNLESS YOU WANT TO GO PLAY. AND I THINK THAT'S A SO A COUPLE OF QUESTIONS. CAN YOU EXPLAIN HOW GENERAL PUBLIC IS GOING TO BE USING THIS? WHAT I UNDERSTAND SO FAR IS OF COURSE, PEOPLE LIVING THERE WOULD WOULD BE ABLE TO GO TO THE PARK AND THEIR RESIDENTS OR WILL BE RESIDENTS TO. AND PEOPLE WHO GO TO THE RETAIL MAY MAY USE THE PARK. AND THEN YOU'RE GOING TO HAVE EVENTS THAT MAY PULL MORE PEOPLE IN. DO YOU FORESEE THIS BEING SOMETHING THAT PEOPLE WILL JUST COME TO, LIKE A PARK THAT WE HAVE IN MCKINNEY, WHERE SOMEBODY WOULD GO TO A PARTICULAR PARK, IS THIS SOMETHING THAT THAT. YEAH. AND COME ON, GO AHEAD. I'LL. PARKS ARE GENERALLY PASSIVE. YOU GO TO A PARK, RIGHT? YOU HAVE KIDS, I HAVE GRANDKIDS, I HAVE TWINS THIS MORNING BY THE WAY. SO I'VE THAT PART OF MY STATEMENT WHEN WE GO OUT WITH THEM, WHEN I GO OUT, I WANT IF I WANT TO GO GET LUNCH, I'M GOING TO GO SOMEWHERE THAT'S KID FRIENDLY OR SOMEWHERE SOMETHING THEY CAN DO. SO I THINK THE ANSWER TO YOUR QUESTION IS A JIGSAW PUZZLE. IT'S A LITTLE OF EVERYTHING, RIGHT? I DON'T SEE SOMEBODY GOING SPENDING A DAY AT A PARK COMING HERE, BUT PEOPLE SHOPPING, THE RESTAURANTS, THE STONEBRIDGE WILL, YOU KNOW, THEY'VE ASKED ABOUT IT. SO I THINK THOSE WITH KIDS OR FAMILIES WITH A PLAYGROUND FEATURE IN THE WATER FEATURE IN THE EVENINGS, YOU KNOW, DAVID CRAIG HAS DONE A GREAT JOB ON ON 121. I KIND OF VIEW THAT AS MORE ADULT ORIENTED A LITTLE BIT. IT'S A LOT OF BECAUSE I'VE GONE THERE, IT'S GREAT. YOU'LL SEE KIDS PLAYING AROUND OUT THERE, BUT I SEE THIS MORE OF A, YOU KNOW, PUT IN THE WATER FEATURES AND THE PLAYGROUND ALONG WITH THE MUSIC. GLORIA'S, FOR EXAMPLE, WITH THE POND AND THE PATIO. SO I THINK THERE'S MY WIFE ALWAYS PICKS WITH PATIO IF SHE CAN GET OUT THERE AND THERE'S ACTIVITY THERE EVERY TIME. SO I THINK IT'S THERE'S NO ONE ANSWER. BUT I DON'T KNOW IF YOU WANT TO ADD, BUT. I THINK THAT'S A GREAT QUESTION. I GUESS, YOU KNOW, THE BEST WAY TO ANSWER THAT IS WE BUILT THIS PROJECT WITH THE HOPE THAT, YOU KNOW, WE FELT ORIGINALLY AS A DEVELOPERS, WE HAD A VISION AND THE VISION WAS BORN OUT OF IDENTIFYING AN OPPORTUNITY IN THE MARKETPLACE. THE OPPORTUNITY WAS THAT THERE WAS AN OPPORTUNITY FOR A HIGHER END, MIXED USE DEVELOPMENT IN THAT PART AND THIS PART OF MCKINNEY, BECAUSE IT DOESN'T EXIST. WHEN WE GO TO EUROPE AND WE WALK AROUND PLAZAS AND WE, WE SEE PEOPLE GATHER IN THESE PLAZAS AND TYPICALLY IT'S THESE PLAZAS, THEY'RE NOT HUGE, BUT THEY'RE SURROUNDED BY FOOD AND BEVERAGE. FOOD AND BEVERAGE IS THE COMMON DENOMINATOR REALLY THAT BRINGS PEOPLE TOGETHER. AND YOU CREATE THESE MINIATURE CENTRAL BUSINESS DISTRICTS, IF YOU WILL, OR GATHERING PLACES FOR PEOPLE IN THE UNITED STATES. WE DON'T HAVE THE SAME URBAN FABRIC THAT YOU SEE IN EUROPE, BUT WE HAVE WE'RE WITHIN WITHIN, YOU KNOW, WITH OUR UNIQUE WAY OF PLANNING OR OF URBAN PLANNING. YOU KNOW, YOU HAVE OPPORTUNITIES LIKE WEST GROVE, WHERE YOU HOPE TO CREATE A PEOPLE PLACE, AND YOU DO THAT THROUGH AMENITIES LIKE THIS. I'M GOING TO HIGHLIGHT AN EXAMPLE THAT I WAS JUST JUST THIS MORNING, I WAS IN CONVERSATIONS WITH THE CITY OF DALLAS, JUST TO GIVE YOU AN IDEA OF HOW IMPORTANT A SMALL PARK WITH FOOD AND BEVERAGE CAN BECOME, YOU'RE YOU'RE FAMILIAR WITH AT&T AND I'M SURE THIS IS PUBLIC. SO YOU ALL KNOW ABOUT IT. AT&T IS LOOKING AT LEAVING DOWNTOWN DALLAS POTENTIALLY OR STAYING IN DOWNTOWN DALLAS. NOBODY KNOWS WHAT THEY'RE GOING TO DO, BUT ONE OF THE POSSIBILITIES IS THEY GO TO THE CENTRAL OUR DEVELOPMENT, AND AT&T LIKES THE [02:30:02] CENTRAL BECAUSE OF A SMALL PARK SMALLER THAN THIS ONE, THAT'S SURROUNDED BY FOUR BUILDINGS THAT WE JUST BUILT FOR RESTAURANTS. AND THEY LOVE THAT. THEY'RE ALSO LOOKING AT FRISCO. THEY'RE ALSO LOOKING AT PLANO, AND THEY LIKE PLANO BECAUSE THEY LIKE THE PLACEMAKING THAT. THAT, THAT PLANO THAT, THAT YOU HAVE OVER THERE AT NO LEGACY WEST. SORRY. LEGACY WEST IS NOT NECESSARILY A PARK, BUT IT'S A PEOPLE PLACE. IN MY OPINION. IF THEY HAD ADDED A PARK, THEY WOULD BE INCREDIBLE. BUT THEY'RE IT'S A PEOPLE PLACE REGARDLESS, AND IT'S A PEOPLE PLACE BECAUSE OF THE RESTAURANTS, BECAUSE OF THE RETAIL THAT WE HAVE THAT HERE, WE HAVE THE SHOPPING, WE HAVE THE FOOD AND BEVERAGE, AND WE'RE TRYING TO CREATE THAT ENVIRONMENT THAT BECOMES SPECIAL FOR EVERYBODY. IT'S A GATHERING PLACE. AND SO EVEN THOUGH, YOU KNOW, WHEN WE TALK ABOUT ONE ACRE, IF YOU GO THERE AND YOU LOOK AT THE ACRE, IT LOOKS A LOT BIGGER THAN AN ACRE, BECAUSE THE ACRE IS NET IS REALLY FOR THE LAWN. BUT IF YOU ADD OTHER, IF YOU ADD THE PARKING AND IF YOU ADD, YOU KNOW, LANDSCAPING ISLANDS, AND IF YOU ADD PATIOS AND EVERYTHING ELSE SURROUNDING THAT, IT'S A LOT BIGGER THAN THAT. IN FACT, IF IT WERE BIGGER THAN AN ACRE, IT WOULD LOOK LIKE A PASTURE, WHICH YOU DON'T WANT, BECAUSE THE GOAL HERE IS TO HAVE THAT AREA ACTIVATED BY PEOPLE. WHEN YOU GO TO EUROPE AND YOU SEE THESE PLAZAS, IF YOU DON'T SEE PEOPLE THERE, THEN YOU'RE, YOU KNOW, YOU'RE KIND OF MISSING IT. AND SO IF IT'S TOO BIG, THEN YOU DON'T. YOU MISS THE PEOPLE. AND I HOPE MAYBE I'M NOT EXPLAINING IT CORRECTLY, BUT, YOU KNOW, THE APARTMENTS WERE REALLY BUILDING THIS SO THAT THE, THE PEOPLE THAT ARE LIVING IN THE APARTMENTS, WE WANT TO MOTIVATE THEM TO COME BECAUSE WE WANT THE PEOPLE ON THE PARK. IF THE PEOPLE AREN'T THERE, WE'RE WE'RE NOT DOING OUR JOB. AND IF STONEBRIDGE, YOU KNOW, IS STONEBRIDGE HAS TO BE A PARTNER BECAUSE WE'RE BUILDING THIS PARK FOR THEM. THEY'VE REACHED OUT TO US. SO WE MUST BE DOING SOMETHING RIGHT BECAUSE THEY'VE ALREADY REACHED OUT TO US WITH ASKING US, HEY, CAN WE HAVE COMMUNITY EVENTS AND WHEN CAN WE GET STARTED AND HAVE DISCUSSIONS WITH YOU? WE SAID, ABSOLUTELY, WE WANT YOU. THIS IS WE BUILT THIS FOR YOU AND WE BUILT THIS NOT JUST FOR THEM. WE BUILT IT FOR OTHER PEOPLE IN THE CITY OF MCKINNEY AND ANYBODY ELSE, BECAUSE WE WANT PEOPLE THERE. THIS PARK BECOMES SUCCESSFUL IF PEOPLE ARE THERE ALL THE TIME, SEVEN DAYS A WEEK IN THE MORNINGS, YOU KNOW, YOGA AFTERNOONS, SOME OTHER EVENT, YOU KNOW, WITH EITHER FOOD TRUCKS OR SOME, SOME TYPE OF VENDOR VENDORS. AND THEN IN THE EVENING, SOME KIND OF ENTERTAINMENT, ESPECIALLY ON WEEKENDS. SO I UNDERSTAND THAT AND I AGREE THAT THOSE PLACES IN EUROPE ARE BUILT AROUND, YOU KNOW, A SMALL SQUARE. YOU HAVE THAT HERE, RIGHT? YOU HAVE THE GRASS, YOU HAVE THAT ALREADY. MOST OF THOSE PLACES DON'T HAVE WHAT WE'RE TALKING ABOUT HERE. SO. HOW DOES $2 MILLION IN CAPITAL CHANGE WHAT IT IS? YOU ALREADY HAVE? JUSTIFYING THE INVESTMENT? THAT WOULD BE A FUNDAMENTAL QUESTION I'D LIKE TO UNDERSTAND. THAT'S A GOOD QUESTION. SO WE'VE TAPPED OUT OUR LOAN TO BUILD THE PROJECT. WE DON'T WE DON'T HAVE ANY MORE CAPITAL THAN WE STILL HAVE. YOU KNOW, WE HAVE WE STILL HAVE TO PAY A LOT OF MONEY IN TIES TO RESTAURANTS, TO RESTAURANTS THAT WE, YOU KNOW, THE LEASE IS WITH AND COMMISSIONS AND SO ON. BUT THE PROJECT, THE PART OF THE PROJECT, THE PHASE OF THE PROJECT THAT'S BUILT NOW, THE OUR CONSTRUCTION LOANS ARE TAPPED OUT. SO WE DON'T HAVE ANY MORE MONEY FOR THE PLACEMAKING BECAUSE THE PLACEMAKING DOESN'T UNDERWRITE ANY REVENUE. IT'S A PART AT THE END OF THE DAY, IT'S A PART OF, YOU KNOW, GENERATING AND CREATING AN ENVIRONMENT THAT WILL, OVER TIME YIELD HIGHER RENTS BECAUSE IT'S A IT'S A SUCCESSFUL PROJECT OVER TIME, BUT IT'S NOT ANYTHING THAT BANKERS WILL UNDERSTAND TODAY. IF I GO TO THE IF I ADD $2 MILLION AND SAY, HEY, I GOT TO DO THIS NOW, AND THE BANKERS ARE, WELL, OKAY, WELL, WHAT ARE YOU WHAT'S THE YOU KNOW, EVERYTHING IN DEVELOPMENT IS YOUR PROJECT COST. AND WHAT'S THE PROFORMA THAT UNDERWRITES THE PROJECT COST? WELL, THERE'S NO PROFORMA HERE BECAUSE TO YOUR POINT, IT'S ALREADY BUILT. BUT THESE ARE ENHANCEMENTS THAT ARE IMPORTANT TO NOT JUST THE EXISTING PHASE OF THE PROJECT. BUT, YOU KNOW, WE HAVE AN OFFICE BUILDING THAT WE'RE PROMOTING THAT WE WOULD LIKE TO BUILD, THAT WE THINK WOULD BE VERY SUCCESSFUL IN THAT PROJECT FOR EVERYBODY, FOR THE CITY AND FOR THE REST OF THE RETAILERS AND THE RESIDENTIAL, BECAUSE IT CREATES THAT LIVE, WORK, PLAY ENVIRONMENT THAT WE ALL LIKE AND THAT DYNAMIC ENVIRONMENT THAT WE'RE WORKING TOWARDS. SO WE, [02:35:05] WE, WE'RE HERE BECAUSE WE THINK THAT THE, THE $2 MILLION WILL. WILL MAKE THIS A SPECIAL PROJECT AND IT WILL ENHANCE THE, THE ABILITY TO DELIVER ON THE PLACEMAKING, ON CREATING THAT PEOPLE PLACE. OKAY, SO I'M GONNA ASK THE LAST QUESTION FOR THE SAKE OF TIME. IF WE HAVE ADDITIONAL QUESTIONS, WE CAN SHARE THOSE WITH CINDY, WE'VE HAD ROBUST, ROBUST CONVERSATION ABOUT THIS PROJECT. IF BECAUSE YOU HAVE THE LAND THAT IS ALREADY THERE AND IN SOME INFRASTRUCTURE IN PLACE, IF YOU DO NOT GET THIS FUNDING FROM US, DOES NONE OF THIS HAPPEN AND YOU JUST HAVE A PIECE OF PROPERTY, JUST NOTHING, NO PROGRAMING, NOTHING HAPPENS. IT'S JUST YEAH, WE DON'T WE DON'T HAVE THE FUNDS TO DO IT, OKAY? JUST DON'T. OKAY. PARKS HAVE A STAGE THAT THEY COULD USE. SO AGAIN FOR THE SAKE IS THERE ANY I WILL SAY JUST TO RELATE TO THAT, JUST MAYBE CLOSE THE LOOP ON THAT. IF THIS BOARD DECIDED TO TABLE FUNDING UNTIL MORE RESTAURANTS CAME IN SO WE COULD HAVE A BETTER SENSE OF WHAT FLANKS THE PARK AND THIS NOTION OF PATIOS AND PEOPLE, AND GET A BETTER SENSE OF WHAT RETAIL IS COMING IN. THERE'S NO TIME SENSITIVITY TO THIS NECESSARILY. RIGHT. WE COULD SAY BUILD IT FIRST, THEN COME BACK AND LET US NEGOTIATE IT. THEN IT WILL COST 20% MORE. I CAN ADD, I THINK I REALLY DO BELIEVE THERE'S AN OPPORTUNITY TODAY. AND THE REASON BEING IS THERE'S A WILLINGNESS TO DO IT TODAY. IF THE PROJECT'S FULLY LEASED, THERE'S OTHER PROJECTS TAKING PLACE, BIG PROJECTS, AND THE ATTENTION GOES AWAY FROM HERE AND IT WORKS ITS LEAST. HERE'S THE SPACE. THE WHEN I BROUGHT THIS UP FIRST TO THE COMPANY, WHICH IS AND HOW THAT CAME, WAS WE TOOK A TOUR AND INCLUDING MEMBERS OF THE CITY OF MCKINNEY, WHEN I SAW THOSE PATIOS, PROPOSED PATIOS ON THOSE RESTAURANTS, I SAID, WELL, WHAT A GREAT OPPORTUNITY. THE REALITY IS, IT'S NOT GOING TO BE ENOUGH RETURN TO DO THAT. AND THAT'S WHY IT WASN'T DONE ORIGINALLY. AND AS YOU ALL KNOW, MOST DEVELOPERS DON'T DO THAT. THEY JUST BUILD THE OPEN SPACE AND MOVE ON. SO TO ANSWER YOUR QUESTION, YEAH, YES, IT COULD HAPPEN LATER. I THINK THAT IT'D BE A LOST OPPORTUNITY AND FOR USE. I MEAN, I THINK YOU'RE ALL EMBEDDED IN THE COMMUNITY. YOU KNOW, THAT PLAYGROUNDS, ESPECIALLY UNIQUE ONES, ARE ACTIVE WITH CHILDREN, STAGES WITH MUSIC. PEOPLE GO THERE AND LISTEN TO IT. AND WHETHER IT'S YOGA OR JUST GENERIC, JUST BEING IN A PARK THAT HAS THINGS IN IT AND SHADE COVER, IT'S MORE ATTRACTIVE. THE REALITY IS WITHOUT YOUR PARTICIPATION, IT WON'T HAPPEN. IT'S PROJECTS DONE. THERE'S JUST SOME FINAL LEASING AND AS DEVELOPERS DO, THEY MOVE ON. AND THAT'S WHY THE CDC WAS CREATED AND OTHER ENTITIES IN THE CITY IS TO MAKE GOOD THINGS EVEN BETTER. I THINK THE DEVELOPER HAS DELIVERED ON THIS PROJECT. I THINK THE UNIQUENESS, THE EXTRA MONEY THAT WAS PUT IN WAY OVER BUDGET SHOWS THERE WAS A COMMITMENT HERE TO CREATE A DESTINATION, SMALL COMPONENT OF IT, BUT I THINK IT'S AN IMPORTANT COMPONENT FOR LONG TERM SUSTAINABILITY FOR THE CITY AND FOR THE DEVELOPMENT. THANK YOU. THANK YOU. THIS IS A PUBLIC AGENDA ITEM. I DON'T THINK ANYONE ELSE IS TALKING. CAN I GET A MOTION TO CLOSE THIS PUBLIC AGENDA ITEM? NO. IF WE WANT TO CLOSE OR DO WE WANT TO TABLE LEAVE IT OPEN. I THINK THERE WAS QUITE A FEW QUESTIONS AND FOLLOW UP INFORMATION, SO I'LL JUST OPEN THAT TO THE BOARD DISCUSSION. DO WE WANT TO CLOSE THIS NOW OR WE CAN WE CAN LEAVE IT OPEN. SO WE JUST HAVE TO GET A MOTION TO JUST AN IDEA. I DON'T KNOW IF WE WANT TO JUST DO NOTHING OKAY. WE WILL IT WILL STAY OPEN. THANK YOU. OKAY. THANK YOU. THANK YOU ALL. IF YOU DON'T MIND, JUST KIND OF REPEAT THE QUESTION. SO YOU WANT THE LAYOUT, POTENTIAL PROGRAMING. AND IF YOU WANT TO EMAIL US ANY OTHER QUESTIONS WE CAN ANSWER FOR YOU. WE'RE HAPPY TO DO THAT OKAY. THANK YOU SO MUCH OKAY. AND AGAIN THANK YOU ALL FOR YOUR PRESENTATIONS. AS A REMINDER, THE BOARD WILL VOTE ON THESE APPLICATIONS IN OUR AUGUST [Consider/Discuss/Act on an Amended Project #17-04, Submitted by Craig Ranch Luxury Hotel SPE Owner LP, for an MCDC Loan in the Amount of Ten Million Two Hundred Fifty Thousand and NO/100 Dollars ($10,250,000.00) and an MCDC Grant in the Amount of Twenty-Five Million and NO/100 Dollars ($25,000,000.00) for Partial Funding for the Construction of a JW Marriott Resort Hotel; The Amount Requested Represents 10.8% of the Total Estimated Project Cost of Three Hundred Twenty-Five Million and NO/100 Dollars ($325,000,000.00)] MEETING. NEXT ITEM 25 DASH 2994 CONSIDER DISCUSS ACT ON THE AMENDED PROJECT 1704 SUBMITTED BY CRAIG RANCH LUXURY HOTEL SP OWNER LP FOR AN MQDC LOAN IN THE AMOUNT OF $10,250,000, AND ON THE MC, MC, DC GRANT IN THE AMOUNT OF $25 MILLION FOR PARTIAL FUNDING FOR THE CONSTRUCTION OF A MARRIOTT RESORT HOTEL. THE AMOUNT REQUESTED REPRESENTS 10.8% OF THE TOTAL ESTIMATED PROJECT COST. OF THE TOTAL, $325 MILLION PROJECT. IS THERE ANY DISCUSSION TO THIS AMENDED REQUEST? WE HAVE A MOTION. YEAH, I MOVE THAT THE BOARD APPROVED THE PROJECT AS REQUESTED, INCLUDING FURTHER DIRECTION TO MADAM CHAIRMAN THAT SHE EXECUTE THE DEVELOPER SIGNED [02:40:06] AGREEMENT LOAN AND GRANT AGREEMENT TENDER TO THE PRESIDENT OF CDC GENERAL COUNSEL, PRIOR TO THIS MEETING. OKAY. MOTION HAS BEEN READ. ANY DISCUSSION? CAN I GET A SECOND ON THIS MOTION? I'LL SECOND. SECOND BY CHRIS. MOTION APPROVED. THANK YOU. NEXT ITEM [Consider/Discuss/Act on an Amendment to a Previously Approved Project Grant Application Submitted by ClubCorp NV XXVI, LLC (Invited, Inc.) (4B 25-04) in the Amount of up to One Million Five Hundred Thousand and NO/100 Dollars ($1,500,000.00) for the Construction of Public Infrastructure Improvements Necessitated by Erosion at the TPC Craig Ranch Golf Course Located at 8000 Collin McKinney Parkway, McKinney, Texas.] 25 DASH 20 995. CONSIDER THE DISCUSSED ACT ON THE AMENDMENT TO THE PREVIOUSLY APPROVED PROJECT GRANT APPLICATION SUBMITTED BY CLUB COURT NUMBER 26, LLC. INVITED OR B 2504, IN THE AMOUNT OF $101,500,000 FOR THE CONSTRUCTION OF A PUBLIC INFRASTRUCTURE. IMPROVEMENTS NECESSITATED BY EROSION AT THE TPC CRAIG RANCH GOLF COURSE, LOCATED AT 8000 COLLIN MCKINNEY PARKWAY, MCKINNEY, TEXAS. IS THERE A BOARD DISCUSSION OR NO DISCUSSION? CAN I GET A MOTION? SO I DO HAVE A MOTION I WILL. I WANT TO MAKE A COUPLE COMMENTS BEFORE I DO THAT. I MADE THE ORIGINAL MOTION ON THIS ITEM WHEN IT CAME UP. THIS IS A PRIVATE GOLF COURSE THAT HOSTS A PUBLIC EVENT THAT BRINGS A LOT OF MONEY TO THE CITY, BRINGS A LOT OF DEVELOPMENT, A LOT OF INTEREST, A LOT OF VISITS, AND IS A HUGE ASSET TO THE CITY. BUT I WANTED TO ENSURE THAT OUR PUBLIC INVESTMENT HAD A PUBLIC GOOD. AND SO I AT THAT TIME MADE A MOTION TO REQUIRE. TO REQUIRE THE INVESTMENT TO I'M SORRY TO REQUIRE AN EIGHT YEAR AGREEMENT FOR THE EXTENSION OF THE BYRON NELSON TOURNAMENT IN ORDER TO FUND THIS, THAT AT THE TIME, THE CONTRACT BETWEEN INVITED AND THE PGA AND THE CITY OF MCKINNEY AND SALESMANSHIP CLUB WAS NOT COMPLETED, WE BELIEVED WE WERE HEADING TOWARDS AN EIGHT YEAR AGREEMENT. THEY HAVE REACHED AN AGREEMENT THAT IS A TOTAL OF EIGHT YEARS, BUT IT IS A FIVE YEAR UPFRONT COMMITMENT WITH THREE ONE YEAR OPTIONS TO EXTEND. IS THAT 131 3 OR 1 THREE YEAR OPTION, NOT THREE ONE YEAR OPTION. SO ONE THREE YEAR OPTION. AND AT THE TIME, I FELT LIKE A FIVE YEAR INVESTMENT WAS SUFFICIENT TO JUSTIFY THE PUBLIC GOOD. BUT WE WERE WORKING TO GET AS LONG A CONTRACT AS WE COULD. I THINK WE HAVE GOTTEN AN EIGHT YEAR COMMITMENT, BUT THAT'S NOT CONGRUOUS WITH THE MOTION I MADE ORIGINALLY. SO WE HAVE A FIVE YEAR COMMITMENT. I THINK THAT'S SUFFICIENT TO JUSTIFY OUR INVESTMENT HERE. AND SO WITH THAT, I MOVE THAT THE BOARD RECONSIDER AND AMEND ITS PRIOR APPROVAL TO FUND A GRANT PAYABLE TO INVITED IN THE AMOUNT OF 1.5 MILLION UPON THE CITY'S RECEIPT OF THOSE DOCUMENTS REQUIRED IN A COMMERCIAL PROJECT INVOLVING PUBLIC INFRASTRUCTURE IMPROVEMENTS AND THE VERIFIED PROJECT PROJECT CONSTRUCTION COSTS, WE HAVE A MOTION THAT DAVID READ. IS THERE A SECOND TO THIS MOTION? I'LL SECOND. MOVE SECOND BY I MEAN MOVED BY DAVID, SECOND BY DAVID RICHÉ. MOTION [Consider/Discuss/Act on a Request from City of McKinney, Housing and Community Development Department to Amend Project Grant 4B23-12 Awarded on August 24, 2023, in the Amount of Two Hundred Thousand and NO/100 Dollars ($200,000.00) to Increase Per Home Funding to $40,000 for Property Maintenance Program from $20,000 as Originally Approved. Remaining unspent funds allocated to this project total $147,738.00.] PASSES. THANK YOU. ITEM 25 DASH 29.96 CONSIDER. DISCUSS ACT ON A REQUEST FROM THE CITY OF MCKINNEY HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT TO AMEND PROJECT GRANT FOR B 23 DASH 12 AWARDED ON AUGUST 24TH, 2023, IN THE AMOUNT OF $200,000 TO INCREASE PER HOME FUNDING TO 40,000 FOR PROPERTY MAINTENANCE PROGRAM FROM 20 AS ORIGINALLY APPROVED. REMAINING UNSPENT FUNDS ALLOCATED TO THIS PROJECT TOTAL IS 147,000 $147,730, $38 AND CRYSTAL. HAPPY BIRTHDAY, MADAM CHAIR. GOOD MORNING, COMMISSIONERS. CRYSTAL, I'M MADAM PRESIDENT. SHE ALREADY HAD HERS. THANK YOU. I KNOW, BUT IT'S RIGHT THERE. SHE WANTS ANOTHER ONE. THANK YOU FOR THIS TIME TODAY. WHAT WE HAVE BEFORE YOU IS REQUESTS TO AMEND OUR PROPERTY MAINTENANCE PROGRAM. [02:45:03] CURRENTLY, THAT PROGRAM IS IN PLACE TO ASSIST OUR LOW TO MODERATE RESIDENTS WITH EXTERNAL REPAIRS TO PREVENT CODE VIOLATIONS. THE MAXIMUM THAT IS SET AT THE MOMENT IS $20,000 PER ASSISTANCE FOR EACH HOUSEHOLD. AND WHAT WE'RE SEEING WITH OUR CURRENT BIDS, THAT THEY CAME IN AT AN AVERAGE OF $34,000. SO OUR REQUEST IS TO. RE INCREASE THAT MAXIMUM TO $40,000 TO BE ABLE TO ASSIST OUR HOUSEHOLDS WITH THESE TAX, WITH THESE CODE VIOLATIONS, TO PREVENT THEM FROM GETTING CITATIONS. IN ADDITION TO THE INCREASING THE AMOUNT FROM 20 TO $40,000, WE'VE ALSO STREAMLINED THE PROCESS OF THE ELIGIBILITY FOR INCOME. WE'VE SET IT AT THAT 60% AMI IN LINE WITH CDC GUIDELINES. PREVIOUSLY, WE KIND OF HAD IT STAGGERED DEPENDING ON WHAT AMI THE FAMILIES WERE AT, THEY RECEIVED A DIFFERENT AMOUNT OF ASSISTANCE. SO JUST IT WOULD BE THE MAX ACROSS THE BOARD FOR ALL HOUSEHOLDS. I'M HAPPY TO ANSWER ANY QUESTIONS I DO HAVE. SO WITH THE INCREASE TO $40,000 IN THE REMAIN, THAT IS GOING TO SIGNIFICANTLY REDUCE THE NUMBER OF HOUSEHOLDS YOU CAN HELP. YES, MA'AM. IT WOULD ESSENTIALLY HALF THE AMOUNT OF HOUSEHOLDS. SO WE DO HAVE A WAITING LIST OF WE DO. WE HAVE THREE HOUSEHOLDS RIGHT NOW THAT WE'VE BEEN UNABLE TO ASSIST BECAUSE THE BIDS CAME IN HIGHER. SO WE HAVE THREE THAT WE WILL BE ABLE TO HELP. AND WE'VE ALREADY HELPED TWO WITH THE MONEY THAT'S BEEN SPENT. SO I MEAN WE'RE AT FIVE. THAT WOULD BE FIVE. I THINK WE ORIGINALLY SAID WE'D HELP 8 OR 10 OKAY. SO THERE'S NO NEW MONEY HERE. THIS IS JUST CHANGES TO THE RULES OF THE EXISTING PROJECT. YES, SIR. IT'S JUST INCREASING US BEING ABLE TO ASSIST $40,000 PER HOUSEHOLD INSTEAD OF 20. JUST BECAUSE THE COST. WHAT'S THE WHAT'S THE PERCENTAGE OF HOUSEHOLDS THAT ARE BELOW THE 6060? ALL OF THEM ARE WHAT IT WAS THOUGH. THE DIFFERENCE WAS WE HAD IT STAGGERED TO WHERE IF YOUR HOUSEHOLD INCOME WAS 50% AMI OR LESS, OR 30% OR LESS, IT WAS THE 30S THAT WOULD GET THE $20,000 AND THE 50S THAT WOULD GET 1750 AND THEN THE 60, YOU KNOW, I THINK AND THEN IT JUST KIND OF WENT DOWN DEPENDING. BUT THIS WAY IT'S JUST EVERYBODY AT 60% OR LESS OR LESS. I MEAN, WE DO HAVE LOTS OF HOUSEHOLDS THAT STILL COME IN AT THAT 3050 BECAUSE WE HAVE A LOT OF ELDERLY ON FIXED INCOMES AND THINGS LIKE THAT. OH, SO YOU'RE SAYING THE 6% OR LESS. SO THIS MONEY IS STILL OKAY? YES. THANK YOU. CAN I JUST ASK, WOULD YOU MIND HANGING BACK FOR A SECOND? I HAVE SOMETHING I WANT TO TALK TO YOU AFTER. YES, THANKS. OKAY. IS THERE IS CINDY? ARE WE ALSO GOING TO HAVE TO EXTEND ITS AUGUST OF 23 TO 2 YEARS? I THINK IT RUNS THROUGH. IS IT A THREE YEAR. NO, NO. IT DOES EXPIRE AT THE END OF SEPTEMBER. SO WHAT WE WILL DO IS WE WILL ASSIST THE ONES WE'RE CURRENTLY HELPING AND WE WILL COME BACK AT A LATER DATE. SO WE DON'T WE'RE NOT REQUESTING AN EXTENSION OKAY. OKAY. IS THERE CAN I GET A MOTION TO APPROVE THIS AMENDED REQUEST? I'LL MAKE A MOTION TO APPROVE. MOTION TO APPROVE BY CHRIS. I'LL SECOND IT. SECOND BY MARCUS. MOTION TO APPROVE THE AMENDED [Consider/Discuss/Act on an Extension to the Term of the Loan Agreement for Project 4B24-08, Awarded to SDC Throckmorton Villas, A Development of Sphinx Development Corporation, a Division of The Sphinx Group, for Infrastructure Improvements Related to the Construction of 380 Villas, to December 31, 2025.] REQUEST IS APPROVED. THANK YOU, THANK YOU. NEXT ITEM, 25 DASH 29.97. CONSIDER. DISCUSS. ACT ON THE EXTENSION TO THE TERM OF THE LOAN AGREEMENT FOR THE PROJECT FOR B 20 4-8 AWARDED TO SD THROCKMORTON VILLAS, A DEVELOPMENT OF PHOENIX DEVELOPMENT CORPORATION, A DIVISION OF THE PHOENIX GROUP, FOR THE INFRASTRUCTURE IMPROVEMENTS RELATED TO THE CONSTRUCTION OF 380 VILLAS TO DECEMBER 31ST, 2025. YOU HAVE ANY ANY ANYTHING YOU WANT TO YOU CAN SHARE? NO. WELL GOOD MORNING. THE BOARD WAS JUST WE'D JUST LIKE TO SAY THAT WE DO APPRECIATE THE FAITH THAT YOU HAVE PLACED IN US WITH THE INITIAL AWARD, AND WILL KINDLY ASK FOR YOU TO MAINTAIN THAT FAITH AND GRANT US THIS EXTENSION, TO MAKE SURE THAT THE PROJECT IS COMPLETED FOR THE COMMUNITY. AND WITH THAT, WE'RE HERE FOR QUESTIONS. WHAT'S THE PERCENTAGE OF 75% TO ABOUT 80% COMPLETED TODAY? OKAY. COMPLETE. ARE THERE ANY QUESTIONS FOR IS THIS THE SECOND EXTENSION THAT WE'VE ALREADY GAVE THEM ONE PRIOR TO THIS. IS THAT CORRECT? NO, THIS IS EXTENSION FIRST OKAY. ANY DISCUSSION OKAY. CAN I GET A MOTION TO APPROVE THIS REQUEST TO EXTEND THE TERM OF THE AGREEMENT TO DECEMBER 31ST? I'LL MOVE. MOVE BY JOY. I'LL SECOND. SECOND BY DEBORAH. MOTION PASSES. THANK YOU. THANK YOU VERY MUCH. NEXT ITEM 25 DASH [Consider/Discuss/Act on Proposed MCDC Fiscal Year 2026 Budget.] [02:50:13] 29.98. THANK YOU. CHANCE FOR STAYING. CONSIDER. DISCUSS. ACT ON PROPOSED FISCAL YEAR 2026 BUDGET. I GUESS YOU'LL DO IT. AND HE'S HERE IF WE GOT QUESTIONS. OKAY. THANK YOU. CAN YOU PULL UP THE. SUMMARY PAGE? NEXT PAGE. THERE WE GO. SO THIS IS A SUMMARY OF WHAT'S INCLUDED IN THE FY 2526 BUDGET. AS BOTH CHANCE AND MR. GRIMES HAVE MENTIONED, WE RECEIVED INSTRUCTION TO BUDGET FOR AN INCREASE IN SALES TAX REVENUE AT 2.5%, WHICH WOULD YIELD $25,207,383 FOR THE COMING YEAR. INTEREST INCOME IS PROJECTED AT 1.5 MILLION, AND THEN WE HAVE OTHER REVENUE, PRIMARILY FROM LEASE AND LOAN PAYMENTS FROM THE TUBS PROJECT. SO TOTAL REVENUE OF 27.1 MILLION PROJECTED FOR THE COMING FISCAL YEAR. IF YOU LOOK AT OUR FIXED COSTS OUTSIDE OF PERSONNEL AND SOME OPERATIONAL COSTS, WE HAVE A COMMITMENT TO THE ROADWAY INFRASTRUCTURE FUND THAT THAT'S CALCULATED AT 2 MILLION FOR THE COMING YEAR. PERSONNEL AND OPERATIONS AND MARKETING ARE ALL LISTED THERE. I THINK THE SIGNIFICANT PORTIONS OF THE GRANT ARE ARE OF THE BUDGET, ARE THE GRANT ALLOCATION INCLUDES 11.3 MILLION FOR COMMUNITY GRANTS BUILT INTO THAT IS SOME FUNDING FOR PIPELINE PROJECTS. AND THEN IN ADDITION, 8 MILLION IS BUDGETED FOR PARKS. THEY'RE THERE. THE PROJECTS THAT THEY'RE REQUESTING FUNDING FOR WERE OUTLINED TODAY. AND THE ADDITIONAL COMMITMENT TO PARKS IS IN THE FORM OF DEBT, A DEBT SERVICE PAYMENT ON APEX FOR 1.7 MILLION. WE WILL ALSO HAVE DEBT SERVICE ON THE MCKINNEY AIRPORT CONSTRUCTION BONDS JUST UNDER 1.3, AND THEN VARIOUS MISCELLANEOUS EXPENSES LISTED UNDER THERE. SO WHAT'S PRESENTED IS A BALANCED BUDGET. THE FINANCE COMMITTEE HAS HAS REVIEWED AND APPROVED THIS, AND I INVITE THE FINANCE COMMITTEE MEMBERS TO SHARE ANY COMMENTS OR ANY QUESTIONS FROM THE BOARD THAT YOU WOULD LIKE TO HAVE ADDRESSED. ONLY COMMENT. THIS IS A MORE CONSERVATIVE VIEW OF THE SALES TAX FOR NEXT YEAR. CHANCE. WE WERE AT TYPICALLY BUDGETING AT 5%. THIS IS AT 2.5 INCREASE FOR NEXT YEAR. IS THAT IS THAT THAT'S WHAT WE ENDED UP WITH RIGHT? YES. YES THAT'S CORRECT. I MEAN FOR YEARS NOW WE'VE BEEN DOING THE 5%. AND IF WE'RE LOOKING AT OUR YEAR TO DATE PERCENTAGE ON THE FINANCIALS I PRESENTED THIS MORNING, WE'RE AT THE 3% RANGE IT HAS PICKED UP OVER THE SUMMER MONTHS. IT WAS THE BEGINNING OF THIS CALENDAR YEAR THAT IT KIND OF SLOWED DOWN. BUT STILL BEING CONSERVATIVE AND LOOKING AT NEXT YEAR, WE THOUGHT 2.5% WAS CONSERVATIVE MARK FOR LOCAL GOVERNMENT. AND I'LL JUST SAY DEFINITELY THANK YOU TO THE FINANCE TEAM AND LINDA AND CINDY AS WE WERE GOING THROUGH THIS. AND WE WANTED TO MAKE SURE THAT WE JUST DIDN'T, LIKE, PUT EVERYTHING WE WANTED TO BREAK IT OUT FOR TRANSPARENCY, TO SHOW THE LINE ITEMS OF THE DIFFERENT BUCKETS THAT FUNDING IS GOING TOWARDS, DAVID OR CHRIS, YOU HAVE ANY ADDITIONAL, YOU KNOW, JUST THAT THIS IS A GREAT SUMMARY THAT I WISH MORE OF. THE CITIZENS OF MCKINNEY KNEW WHERE THE MONEY IS GOING, RIGHT? I MEAN, YOU'VE GOT, YOU KNOW, OF THE 27, YOU'VE GOT ABOUT SEVEN, 8% JUST GOING TO ROADS. WE'VE GOT ALMOST 10 MILLION GOING TO PARKS THIS YEAR. YOU KNOW, IT'S A IT. THEN WE HAVE WHAT ARE, WHAT ARE MORE OF THE DISCRETIONARY WHICH IS THE COMMUNITY GRANTS IN THERE. I THINK IT'S A GOOD VIEW OF WHAT WE DO. SO APPRECIATE CINDY PUTTING THIS TOGETHER AND ORGANIZING IT IN THAT FASHION. I'M GOOD. IS THERE ANY BOARD QUESTIONS? ANYONE ON OKAY OKAY. WITH THAT BEING SAID, CAN I GET A MOTION TO APPROVE THE PROPOSED BUDGET AS PRESENTED FOR 2026 YEAR FISCAL YEAR? I'LL MAKE A MOTION TO APPROVE BUDGET AS PRESENTED. MOTION MOVED BY BY. CHRIS. I'LL SECOND. SECOND BY DAVID SHAY. MOTION PASSES AGAIN. THIS WILL BE PRESENTED TO THE [02:55:06] CITY CITY MANAGER STAFF FOR AS THEY ARE COMPLETING THE CITY BUDGET. THANK YOU AGAIN CINDY FOR EVERYTHING AND PROVIDING US ALL THAT ADDITIONAL CONTEXT AND MAKING SURE THAT WE'RE ALSO MEETING THE NEEDS OF OUR COMMUNITY. I KNOW THERE IS HUGE, YOU KNOW, THAT WE SUPPORT THE PARKS. AND AGAIN, I THINK WE'VE DEMONSTRATED THAT IN THE BUDGET WITH THE 10 MILLION, YOU KNOW, PUTTING $2 MILLION INTO PARKS AND REC. SO THANK YOU. DO WE HAVE ANY PUBLIC COMMENTS ON [BOARD COMMENTS] NONE? I DON'T THINK NO ONE ELSE IS HERE. THANK YOU. WE WILL VERY ANY BOARD COMMENTS. WE TIRED. WE'VE BEEN HERE A LONG TIME SO I DON'T THINK NOBODY HAVE NOTHING TO SAY. I GOT SOMETHING TO SAY. YOU DON'T HAVE ANYTHING TO SAY. I JUST WANT TO SAY SAVE IT FOR AFTER. I JUST WANT TO SAY SAVE IT FOR AFTER. RHETORICAL QUESTION, DCI. HOW GOOD IT WAS. THE 4TH OF JULY FIREWORKS. SINCE THEY THEY MOVED IT. LOCATION WE WERE WE WATCHED IT THERE. THE PEOPLE COMING IN AND OUT GOT AROUND PRETTY QUICKLY. THE COPS, POLICE OFFICERS WERE ABLE TO GET THE PEOPLE OUT PRETTY QUICKLY. AND LAST THING, THE GOATS DID A FANTASTIC JOB EATING IT OFF ALL ALL THE GRASS. IT WAS KIND OF COOL TO RIDE OUR BIKES THROUGH THERE AND SEE HOW MANY PEOPLE WERE THERE JUST TO SEE THE GOATS. IT WAS PRETTY COOL AND EVERYBODY CONCURS WITH DAVID'S COMMENTS, SO THANK YOU VERY MUCH. I'M JUST FILLING IN. IF ANYBODY HAS SOMETHING TO SAY. I DON'T WANT TO TAKE ANYBODY'S JOY. MARCUS, YOU ALWAYS GOT SOMETHING TO SAY. MARK MARCUS HAS NOTHING TO SAY. THANK YOU. [EXECUTIVE SESSION] SO WE WILL RESERVE BECAUSE WE TIRED. WE DON'T HAVE NOTHING ELSE TO SAY TODAY. WE WILL NOW RECESS FOR EXECUTIVE SESSION IN ACCORDANCE TO THE TEXAS GOVERNMENT CODE. ITEMS REGARDING ECONOMIC DEVELOPMENT MATTERS THAT MAY BE DISCUSSED PRIOR TO HEMISPHERE VENUE. NOTES LIVE PROJECT 20 DASH ZERO NINE. TUBBS BREWERY AND ENTERTAINMENT. DESTINATION PROJECT 1704 CRAIG RANCH RESORT HOTEL. PROJECT 24 DASH 15 SANCHEZ CHARITIES. NEIGHBORHOOD PROJECT 20 5-04 INVITED AMENDMENT REQUEST FOR B 25 DASH 12 THE HARBOR OF ADRIATICA MASTER CONDOMINIUM ASSOCIATION FOR B 25 DASH 13 MAIN STREET MONUMENT SIGN FOR B 25 DASH 14 MCKINNEY PARKS AND REC. REC FOR B 25. DASH 15. HABITAT FOR HUMANITY OF COLLIN COUNTY FOR B 25. DASH 16 ENTERTAINMENT PROPERTIES 360. THERE IS NO ACTION COMING OUT OF EXECUTIVE SESSION, CORRECT? OKAY, THERE WILL BE NO ACTION COMING OUT OF EXECUTIVE SESSION. I WILL WE WILL NOW RECESS FOR EXECUTIVE OKAY. I WILL NOW RECONVENE THE MEETING OF THE MCKINNEY [ACTION ON EXECUTIVE SESSION] COMMUNITY BOARD. THE TIME IS 1143. THERE IS NO ACTION AT THIS TIME. I WILL ENTERTAIN A MOTION TO ADJOURN. I'LL MOVE TO ADJOURN. MOVE TO ADJOURN BY JOY. SECOND. SECOND BY DEBORAH. MOTION PASSES. MEETING ADJOURNED. THE TIME IS * This transcript was compiled from uncorrected Closed Captioning.