[CALL TO ORDER]
[00:00:05]
YEP. OKAY. I WILL NOW CALL THE MEETING OF THE MCKINNEY COMMUNITY DEVELOPMENT CORPORATION TO ORDER. THE TIME IS 803. WE ARE IN COUNCIL CHAMBERS AT 401 EAST VIRGINIA STREET, MCKINNEY, TEXAS. TODAY WE WILL HAVE OUR INVOCATION BROUGHT TO US BY DEBORAH BRADFORD, ASSOCIATE PASTOR OF NEW JERUSALEM BAPTIST CHURCH IN MCKINNEY. AND I WOULD ASK THAT YOU ADD TO YOUR PRAYER LIST OF ALL THOSE AFFECTED BY THE GOVERNMENT SHUTDOWN. OKAY. AND THEN WE WILL FOLLOW BY THE PLEDGE OF ALLEGIANCE. GOOD MORNING EVERYONE. LET'S PRAY.
FATHER, WHAT A WONDERFUL OPPORTUNITY TO ASSEMBLE IN YOUR PRESENCE THIS MORNING. AND WE ACKNOWLEDGE YOU ACCORDING TO YOUR WORD. AND ALL OF OUR WAYS. ACKNOWLEDGE YOU AND YOU WILL DIRECT OUR PATHWAY. SO WE'RE PRAYING FOR DIRECTION THIS MORNING. WE NEED YOU AS INDIVIDUALS, COLLECTIVELY AS A CITY FATHER. THERE ARE NEEDS IN EVERY HEART. THIS MORNING.
EVERYONE IN HERE IS DEALING WITH SOMETHING. AND I PRAY, FATHER, THAT YOUR HOLY SPIRIT, YOUR LOVING KINDNESS AND YOUR GRACE WILL SATURATE US ON THIS DAY. AND FATHER, AS WE ARE EMBARKING UPON THE LAST QUARTER OF THIS YEAR, I PRAY FOR A FRESH WIND, FRESH CLARITY, NEW DETERMINATION AND VIGOR THAT WE MAY FINISH STRONG THERE PROJECTS THAT LAY BEFORE US FOR WHICH WE NEED YOUR WISDOM AND YOUR GUIDANCE. WE NEED GOOD, SOUND JUDGMENT. I BLESS YOU FOR EVERY MEMBER OF THIS BOARD, FOR EVERY STAFF PERSON, FOR THOSE WHO SERVE WITH DILIGENCE AND MIGHT AND MAY WE CONTINUE TO DO SO EFFECTIVELY AND WITH GREAT WISDOM. ANOINT US, BECAUSE WE CAN DO NOTHING WITHOUT YOUR POWER. AND FATHER, I PRAY FOR THE CITIZENS OF THIS CITY. I PRAY FOR THOSE, OH GOD, THROUGHOUT THE NATION, THOSE WHO MAY HAVE BEEN FURLOUGHED, FURLOUGHED, THOSE WHO ARE CONCERNED. YOU ARE JEHOVAH JIREH, THE LORD, THE PROVIDER.
I PRAY THAT YOU MEET EVERY NEED THAT NOT ONE PERSON GO LACKING. MAKE A WAY AS ONLY YOU CAN DO.
AND FOR THESE THINGS WE GIVE YOU PRAISE. BLESS OUR SERVICE. MAY IT BE PLEASING UNTO YOU. IN JESUS NAME WE PRAY. AND IT IS SO. AND EVERYBODY SAID, AMEN, AMEN. 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. GOOD MORNING EVERYONE. IT IS THURSDAY, AND THE LAST THURSDAY. IS IT ALMOST LAST THURSDAY? ALMOST THE LAST THURSDAY OF THE
[Election of Officers Chair Vice Chair Secretary Treasurer]
MONTH. THERE'S ONE MORE, ONE MORE, ONE MORE. THURSDAY. I'M RUSHING IT. OKAY. WELCOME TO OUR NEW BOARD MEMBER, MR. FULLER. WELCOME. WELL, CONGRATULATIONS TO ALL THAT WERE APPOINTED AND REAPPOINTED TO THIS BOARD FOR THIS NEW YEAR. WE WILL. WE'VE ALREADY HAD THE OATH, THE OATH OF OFFICE FOR THE NEW AND REAPPOINTED BOARD MEMBERS. THAT WAS ITEM 20 4-2110. AND THEN WE WILL NOW HAVE ITEM 24 DASH 20 111. ELECTION OF OFFICERS. TODAY WE WILL ELECT BOARD OFFICERS. FISCAL YEAR 2026. UNDER THE MCDC BYLAWS, OFFICERS ARE CHAIR, VICE CHAIR, SECRETARY AND TREASURER. THE NOMINATIONS FOR MCDC BOARD CHAIR WILL BE THE FIRST REQUESTED. MULTIPLE NOMINATIONS MAY BE MADE FOR EACH OFFICE. MEMBERS MAY NOMINATE. A SECOND FOR NOMINATION IS NOT REQUIRED PRIOR TO THE VOTE BEING CALLED, AND AN AFFIRMATIVE VOTE OF THE MAJORITY OF THE BOARD FOR FOUR VOTES WILL BE REQUIRED FOR ELECTION. IF FOUR AFFIRMATIVE VOTES ARE NOT CAST FOR ANYONE NOMINEE, SUBSEQUENT NOMINATIONS WILL BE ACCEPTED AND VOTES CONDUCTED UNTIL FOUR AFFIRMATIVE VOTES ARE CAST.ELECTION OF VICE CHAIR, SECRETARY AND TREASURER WILL TAKE PLACE FOLLOWING THE ELECTION OF THE CHAIR. VOTING WILL BE DONE BY A SHOW OF HANDS, AND LINDA WILL KEEP THE OFFICIAL TALLY. OUTCOME OF THE VOTE FOR EACH OFFICE WILL BE ANNOUNCED AS VOTES ARE TALLIED.
I WILL NOW TAKE NOMINATIONS FOR BOARD CHAIR. I'D LIKE TO NOMINATE GEORGE FULLER. MR. FULLER, DO YOU ACCEPT THE NOMINATION? COULD I CALL A FRIEND? CALL A FRIEND? YES.
OKAY. MR. FULLER HAS ACCEPTED THE NOMINATION. ARE THERE ANY OTHER NOMINATIONS FOR CHAIR?
[00:05:05]
OKAY, I WILL CLOSE THE NOMINATIONS FOR CHAIR. WE WILL TAKE A VOTE. ANYONE WANT TO MAKE COMMENTS ABOUT THE CANDIDATE? SOMEONE WANTS TO MAKE COMMENTS? I'LL MAKE COMMENTS LATER, BUT OKAY. BY SHOW OF HANDS. CONFIRMED. YOU RECEIVED ENOUGH VOTES.CONGRATULATIONS. SO AT THIS TIME I WILL CONCEDE AND ALLOW YOU TO PRESIDE OVER THE REMAINDER OF THE NOMINATIONS SWITCH. WE'RE GOING TO SWITCH. WE'RE GOING TO SWITCH SEATS AND I'LL. SHOW YOU WHERE WE ARE ON THE CAN. WE PUT MY OLD NAMEPLATE UP? CONGRATULATIONS.
SO WE'RE READING HERE. THIS IS WHAT WE'VE ALREADY DONE. THIS IS WHAT WE'VE ALREADY DONE.
THIS IS WHERE WE ARE. WE'LL TALK ABOUT THAT LATER. BUT YEAH OKAY. THANK YOU. OKAY. NEXT WE'LL TAKE A. WELL FIRST OF ALL THANK YOU ALL. IT'S IT'S AN HONOR AND PLEASURE TO BE SERVING HERE AGAIN. AND CINDY, I'M GLAD TO BE BACK HERE SINCE I WAS HERE IN 2009 WHEN CINDY JOINED AND TOOK LEADERSHIP OF THIS BOARD AND HAS DONE AMAZING THINGS SINCE THAT TIME. SO TO BE BACK SITTING NEXT TO YOU, IT'S REALLY GREAT. NOT SO MUCH EVERYONE ELSE NECESSARILY, BUT.
THAT'S AWESOME. NEXT OFFICER TO BE ELECTED IS VICE CHAIR. IS THERE A NOMINATION FOR VICE CHAIR? CHAIR FULLER I DO HAVE A NOMINATION. I'M DOWN HERE. DOWN HERE. I'M OVER HERE, AS YOU SAY, OVER HERE IN THE CHIEF SEATS. I WOULD LIKE TO MAKE A NOMINATION OF DEBORAH BRADFORD FOR TO BE CONSIDERED FOR VICE CHAIR. IS THERE ANY OTHER NOMINATIONS FOR VICE CHAIR? I'LL MAKE A NOMINATION. AND I THINK DEBORAH WOULD MAKE A GREAT VICE CHAIR. BUT DAVID HAS SERVED IN THE ROLE FOR THE LAST YEAR AND I THINK DESERVES TO BE A PART OF THE CONVERSATION FOR VICE CHAIR.
ANY OTHER NOMINATIONS? ALL RIGHT. SO THE FIRST MOTION WAS FOR DEBORAH BRADFORD. ALL IN FAVOR OF DEBORAH BRADFORD I DIDN'T ACCEPT. OH. I'M SORRY. ACCEPT. ACCEPT. ARE WE ALLOWED TO MAKE COMMENTS? YEAH. LET'S LET'S MAKE COMMENTS. THANK YOU. THANK YOU, CHAIR FULLER. I MADE THE NOMINATION FOR DEBORAH BECAUSE I BELIEVE SHE HAS SERVED DILIGENTLY ON THIS BOARD SINCE BEING APPOINTED AS AN ALTERNATE IN 2019, IF IN 2019, AND HAS SERVED DILIGENTLY, OF COURSE, AS SECRETARY ON THE BOARD. AND THE ONE THING I WILL SAY ABOUT DEBORAH IS THAT ANY TIME YOU SAY, WHAT WOULD YOU LIKE TO DO? AND SHE ALWAYS WOULD REPLY WITH, I AM HERE TO SERVE. AND I THINK WHERE WE ARE AS A BOARD, WHERE WE WHAT WE'VE GONE THROUGH AS A BOARD, I BELIEVE THE SYNERGIES IN KIND OF THE BALANCE WOULD BE A GREAT BALANCE BETWEEN A CHAIR FULLER AND THE SYNERGY THAT I THINK DEBORAH WOULD BRING FOR THAT LEADERSHIP ROLE. SO THAT IS WHY I MADE THE RECOMMENDATION. I THINK SOMETIMES YOU HAVE A TIME WHEN A PERSON IS TO SERVE, AND I BELIEVE NOW IS DEBORAH'S TIME TO SERVE IN THAT CAPACITY. SO THAT IS WHY I'D LIKE TO CONSIDER HER VICE CHAIR. I MADE THE NOMINATION FOR FOR DAVID. AND AS I SAID, I THINK DEBORAH WILL MAKE A GREAT VICE CHAIR. BUT I MADE THE NOMINATION FOR DAVID BECAUSE IN THE LAST YEAR HE'S BEEN THERE. HE SHOWED UP TO THE EVENTS. HE'S BEEN THERE ACTING AS THE VICE CHAIR AND HAS TAKEN ON THAT ROLE AND REPRESENTED MCDC VERY WELL. SO I, I WOULD CERTAINLY SUPPORT HIM CONTINUING THAT IN, IN THAT ROLE. I'LL MAKE A COMMENT. OBVIOUSLY, THIS IS EXTREMELY AWKWARD FOR ME. JUST BEING APPOINTED TO THE BOARD. DEBORAH, I THINK THE WORLD OF YOU, AS YOU KNOW, AND I AGREE, YOU WOULD MAKE A FANTASTIC VICE CHAIR. OR AS MAYOR UP UNTIL TO LONG AGO, BEING AT EVERY EVENT I'VE SEEN, DAVID IS JUST LITERALLY AT EVERYTHING. I MEAN, YOU COULD YOU COULD NICKNAME HIM MR. MCKINNEY IF IT'S IF THAT IF THAT NAME WERE TO BE PUT ON SOMEBODY THAT IS JUST AT EVERY EVENT AND ALWAYS WAVING THE MCKINNEY FLAG, AND I KNOW
[00:10:06]
THAT HE'S VICE CHAIR BEFORE, AND I CAN'T HELP TO THINK THAT IF I HAD NOT BEEN APPOINTED, HE WOULD HAVE PROBABLY NATURALLY BEEN CHAIR, ASSUMING ANGELA HAD NOT BEEN REAPPOINTED AS WELL.SO I I'M INCLINED TO SUPPORT DAVID FOR THAT REASON. I HOPE YOU TAKE NO OFFENSE, BECAUSE I THINK THE WORLD OF YOU, AND I THINK THAT YOU'RE AWESOME. BUT I CAN'T HELP TO FEEL THAT BEING PUT ON MY STOP DAVID FROM OR MAY HAVE PREVENTED DAVID FROM BEING CHAIR, AND I FEEL THAT HE SERVED AS VICE CHAIR AND SHOULD CERTAINLY AT LEAST STAY IN THAT ROLE. THAT'S JUST I WANTED TO SAY THAT BEFORE WE VOTE. SO THERE IS A MOTION FOR DEBORAH BRADFORD. ALL IN FAVOR, DEBORAH BRADFORD, SHOW BY RAISING YOUR HAND. YOU HAVE THREE. ALL IN FAVOR OF DAVID RITCHIE. RAISE YOUR HAND. MAY I MAKE A COMMENT, PLEASE? THIS IS WAY TOO DEEP. WHY? THE AURA OF SADNESS? THAT'S. IT'S HARD. WHY IS IT HARD? IT'S HARD BECAUSE THERE'S GREAT PEOPLE ON THIS BOARD.
EVERYONE HERE IS DESERVING, AND I. IT'S SAD FOR ME BECAUSE JUST BEING PUT ON TO BE IN A POSITION TO MAKE THAT DECISION AS AN EQUAL MEMBER OF A BOARD THAT HAS NOT BEEN SERVING AT THAT SAME FOR THE SAME PERIOD OF TIME THAT THE REST. SO I KNOW FOR ME THAT'S THE DIFFICULTY AND I HAVE GREAT RESPECT FOR BOTH. WE ARE IT'S NOT ABOUT RESPECT OR ANY OF THAT. WE ARE HERE TO SERVE. ABSOLUTELY. WE ARE HERE TO SERVE. THAT'S RIGHT. IF YOU SIT AT THE HEAD OF THE TABLE, IF YOU SIT AT THE FOOT, SERVE, NO DOUBT. BUT UNFORTUNATELY, THERE'S STILL DECISIONS THAT HAVE TO BE MADE THAT IMPACT. AND IT'S I'M NOT IMPACTED.
CARRY ON WITH BUSINESS AS USUAL. ALL RIGHT. LET'S GO. SECRETARY, IS THERE A NOMINATION FOR SECRETARY? I DO HAVE A NOMINATION. I'D LIKE TO NOMINATE DEBORAH BRADFORD FOR SECRETARY. NOT REQUIRED. I'D LIKE TO SECOND THAT NOMINATION. I THIRD THE NOMINATION. IS THERE ANY OTHER NOMINATION? ALL THOSE IN FAVOR I DIDN'T ACCEPT OH, I DIDN'T ACCEPT IT. KEEP SKIPPING. DEBBIE. I ACCEPT THE NOMINATION AND I'M HAPPY TO SERVE. DEBORAH. YOU HAVE TO REMEMBER, HE'S NEW. YES. I'M NEW. IT'S OKAY. THANK YOU. ALL IN FAVOR OF DEBORAH BRADFORD SERVING AS SECRETARY? RAISE YOUR HAND. IS THERE A NOMINATION FOR TREASURER? I'D LIKE TO NOMINATE CHRIS WILKES. MEETING. NOT A SECOND. CHRIS, DO YOU ACCEPT? LET'S KIND OF WAIT TO SEE IF HE DID IT. I WAS GOING TO WAIT TO SEE IF GEORGE ACTUALLY ASKED. YEAH, IF IF ELECTED, I WILL ACCEPT. OKAY. IS THERE ANY OTHER NOMINATION FOR TREASURER? AND IF NOT, IF YOU IF YOU SUPPORT CHRIS'S TREASURER, RAISE YOUR HAND. CHRIS. CONGRATULATIONS. YOUR TREASURER. ALL RIGHT. WE'LL NOW MOVE ON TO THE NEXT ITEM. 25. EXCUSE ME. YEAH. 25 3313. YOU KNOW, I NEED ANOTHER PUBLIC COMMENT. YEAH. JUST IF I COULD HAVE A REGULAR AGENDA. DID I TAKE YOURS? I'M SORRY. I GOT IT. ALL RIGHT? YEAH. CONSENT ITEMS. THIS PORTION AGENDA CONSISTS OF
[CONSENT ITEMS]
NONCONTROVERSIAL HOUSEKEEPING ITEMS REQUIRED BY LAW, AND MAY BE CONSIDERED INDIVIDUALLY BY THE BOARD MEMBER. COMMISSION MEMBER MAKING SUCH REQUEST PRIOR TO MOTION. VOTE ON THE CONSENT ITEMS. IS THERE A MOTION TO APPROVE THE CONSENT ITEMS, OR WOULD ANYONE LIKE TO PULL ONE OF THE ITEMS DOWN FOR DISCUSSION? YES, I WOULD LIKE TO PULL DOWN ITEM 25 331 FOR THE PURPOSE OF THIS IS FOR ALLOWING. EXCUSE ME FOR ADDITIONAL CLARIFICATION REGARDING DIFFERING INTERPRETATIONS OF THE RETAIL DEVELOPMENT INFRASTRUCTURE GRANT SUBCOMMITTEES, DISCUSSION AND RECOMMENDATIONS. I'D LIKE TO TABLE THIS ITEM AND MOVE TO DO SO. IT'S ITEM 25 3314 UNTIL THE NOVEMBER 20TH MEETING, AND THAT'S OUR REGULAR BOARD MEETING, SO THAT WE JUST HAVE ADDITIONAL TIME TO DISCUSS WITHIN THE SUBCOMMITTEE MINOR[00:15:03]
AREA OF DISCREPANCY. IS THERE A SECOND, A SECOND? OKAY. ALL IN FAVOR? I WE'RE USING WE USE THE TECHNOLOGY. YES. DO I HAVE TO MOTION FIRST FOR THAT? YEAH. YEAH, YEAH. SECOND, SECOND. OH.OH THAT'S THE WRONG DIDN'T. YEAH. WE'RE VOTING ON THE ONE THAT WE JUST MADE A SECOND ONE OKAY. YES. I SECONDED. IT SAID DEBORAH. I'LL CHANGE IT OKAY. MOTION PASSES. ITEM 253313 CONSENT. IS THERE A MOTION TO APPROVE THAT ITEM? OKAY. YEAH. NOW WE'RE GOING TO. RIGHT. BUT I'LL MAKE A MOTION TO TO APPROVE THE MINUTES. I'LL SECOND. CAST YOUR VOTES. MOTION PASSES. MOVE TO REPORTS. ITEM 253315 FINANCIAL REPORT. WE DIDN'T DO PUBLIC. WE WE KIND OF SKIPPED OVER PUBLIC COMMENTS ON NON PUBLIC HEARING ITEMS. CAN WE GO BACK FOR THAT BEFORE WE HIT ALL THE OTHER AGENDA ITEMS PLEASE. THANK YOU. YES. IS THERE ANYONE HERE WOULD LIKE TO
[Financial Report]
MAKE A PUBLIC COMMENT? SEEING NONE, WE WILL MOVE BACK TO REPORTS. FINANCIAL REPORT 2533 15. GOOD MORNING. CHANCE MILLER, ASSISTANT FINANCE DIRECTOR. PERFECT. OKAY. WE ARE GOING OVER THE MONTH OF SEPTEMBER. THIS IS OUR LAST MONTH OF THE FISCAL YEAR. I WILL NOTE THIS IS OUR PRELIMINARY FINANCIALS. AS WE ARE STILL CLOSING OUT. IT WILL TAKE US ABOUT 2 TO 3 MONTHS OR SO TO CLOSE OUT FISCAL YEAR 25. OUR AUDIT TEAM WILL COME ON STAFF EARLY DECEMBER. THEY WILL APPROVE OF EVERYTHING. AND THEN I'LL PRESENT YOU THE FINAL SEPTEMBER FINANCIALS. IT'S USUALLY IN JANUARY IS WHEN I'LL COME BACK AND PRESENT THOSE. BUT THIS IS HELPFUL TO SEE WHERE WE ARE CURRENTLY PRELIMINARY FINANCIALS. AND I'LL KIND OF PINPOINT THE ACCOUNTS THAT WILL PROBABLY CHANGE ONCE WE GET TO THOSE AUDIT COLLECTIONS OR TO THOSE JOURNAL ENTRIES. SO FOR SEPTEMBER, WE COLLECTED SLIGHTLY OVER $2.6 MILLION IN REVENUE. THE MAJORITY OF THAT WAS SALES TAX REVENUE. WE COLLECTED 2.1 MILLION. WE HAD INTEREST INCOME OF 445,000. THEN WE HAD OUR MISCELLANEOUS REVENUES THAT, IF YOU ADD THEM ALL UP, WAS CLOSE TO $50,000. IN REGARD TO OPERATIONAL EXPENSES, WE HAD CLOSE TO 70,000 PROJECTS. WE HAD 270,000 AND NON-DEPARTMENTAL, WE HAD ALMOST 100,000. I WILL TOUCH BASE IS THE FIRST MONTH THAT WE CAN LOOK AT THE BOTTOM LEFT OF THE FINANCIALS, WHAT WE CAN LOOK AT IT EVERY MONTH, BUT JUST KIND OF SHOWING THAT THIS IS WHERE WE SWITCH IT TO ACTUAL REVENUES AND ACTUAL EXPENDITURES. SO BEFORE WE DO ANY YEAR END JOURNAL ENTRIES OR WE DO ANY APPROPRIATIONS, WE ARE PLANNING TO HAVE 98 MILLION AND ENDING FUND BALANCE. NOW, LIKE I SAID, THAT WILL LIKELY CHANGE ONCE WE DO THE APPROPRIATIONS. THE BIG THINGS THAT ARE GOING TO CHANGE FOR US IS THAT WE STILL HAVE TWO MONTHS OF SALES TAX TO COLLECT, SO IT WILL BE THE DIFFERENCE IN WHAT WE COLLECT IN THESE NEXT TWO MONTHS COMPARED TO WHAT WE COLLECTED LAST YEAR. AND USUALLY THAT NET DIFFERENCE IS THAT WE ADD A LITTLE BIT MORE TO SALES TAX, WITH IT INCREASING ON AN ANNUAL BASIS. BESIDES THAT, WE HAVE THE ROADWAY TRANSFER. IF WE'RE LOOKING ON NON-DEPARTMENTAL, WE HAVE THE 1.7 MILLION IN ECONOMIC INCENTIVE THAT HAS NOT BEEN MADE YET. WE HAVE TO WAIT UNTIL WE GET THE SALES TAX NUMBERS FOR THESE LAST TWO MONTHS, AND THEN WE WE CAN MAKE THAT JOURNAL ENTRY TO RECORD THAT AS WELL. BESIDES THAT, WE'LL BE JUST SEEING IF THERE'S ANY OTHER EXPENSES THAT COME THROUGH. I DON'T EXPECT MANY, BUT WE'LL WORK WITH CINDY AND LINDA ON APPROPRIATIONS HERE IN THE NEXT MONTH OR SO TO. AND THAT WILL BE GOING TO COUNCIL IN DECEMBER WHEN WE DO RE APPROPRIATIONS. SO THAT IS TOUCHING ON THE PRELIMINARY FINANCIALS. I'M ALWAYS HAPPY TO ANSWER ANY QUESTIONS. TOUCHING ON SALES TAX, THOUGH THIS APPLIES TO THE JULY SALES IN MCKINNEY. YOU CAN SEE THAT WE HAD A 4.2% INCREASE. ALLEN HAD A 0.7% DECREASE. FRISCO HAD CLOSE TO 1% INCREASE, AND PLANO HAD A 26.5% INCREASE. I WILL NOTE THAT PLANO DID HAVE AN AUDIT COLLECTION. THEIR TRUE INCREASE WAS CLOSE TO 15.5%, BUT THEY HAVE BEEN TRENDING AT ABOUT 20% INCREASE OVER THE PAST THREE MONTHS. ALL THE REPORTS TO THE PUBLIC ARE THAT[00:20:01]
IT IS INCREASED CONSUMER SPENDING. I DO NOT BELIEVE THAT ONE BIT, BUT THAT IS WHAT THEY ARE TELLING THE PUBLIC, AND I DON'T HAVE ANY INSIGHT TO WHAT NEW BUSINESSES OR ANYTHING HAVE GONE ONLINE IN PLANO. OBVIOUSLY I'M RESTRICTED TO MCKINNEY SALES, BUT THAT WOULD BE MY GUESS IS THERE'S SOME NEW BUSINESS THAT WENT ONLINE IN PLANO OVER THE PAST 3 TO 4 MONTHS OR SO. BESIDES THAT, OUR YEAR TO DATE IS UP TO 2.9%. AND IF WE LOOK AT THE SALES TAX BY INDUSTRY, IT'S KIND OF OUR LAST MONTH TO REALLY LOOK AT THIS BEFORE WE START OUR YEAR TO DATE TRENDS AGAIN IN OCTOBER. BUT RETAIL TRADE ENDED UP 4%. LIKE I SAID, THAT'S OUR BEST INDICATOR OF WHAT SALES TAX WILL BE NEXT YEAR. SO THAT'S 4% A LITTLE BIT BETTER THAN OUR ACTUAL YEAR TO DATE ACCOMMODATION, FOOD SERVICES, 8%. BESIDES THAT, EVERYTHING'S KIND OF STAYED PRETTY CONSISTENT OVER THE PAST FEW MONTHS. NOW, THE BIG THING THAT HURT US THIS YEAR WAS THAT AUDIT COLLECTION TO ADMIN SUPPORT AND WASTE MANAGEMENT REMEDIATION FOR THAT OFFICE, JANITORIAL COMPANY. BUT BESIDES THAT, YOU KNOW, WE'RE STILL LOOKING AT THAT SLIGHTLY OVER 4%. IF WE FACTOR THAT OUT THIS TIME, I'LL BE HAPPY TO ANSWER ANY QUESTIONS THOUGH. CHANCE. WE'VE BEEN TRACKING 4% FOR A WHILE. IT WAS IT WAS DOWN EARLIER, EARLIER IN THE YEAR, BUT NOW IT'S NOW IT'S BEEN TRACKING ABOUT 4%, MAYBE JUST A LITTLE HIGHER ON A TRAILING 12 MONTH BASIS. SO WE'RE WE BUDGETED FOR 2026 AT 2.5 GROWTH.DO YOU EXPECT THE THE 4% TO CONTINUE? I THINK THE CITY BUDGET AT 3.5 GROWTH. SO WE DID TWO BUT WE DID 3.5. YEAH. SO WE HAD INITIAL DISCUSSIONS OF A 2.5%. I THINK WE WE ENDED UP CHANGING TO 3.5. OH YEAH. SO WE ENDED UP CHANGING THE 3.5 LAST YEAR. TREASURER DIDN'T PAY ATTENTION APPARENTLY. NO, NO WE ALIGNED OUR WE FINALLY DID ALIGN THE CITY OKAY. AND I THINK I THINK THE BOARD APPROVED 2.5%. BUT THEN ONCE WE TOOK IT TO COUNCIL AND WITH THE CITY UPPING THEIRS TO 3.5%, WE DID AS WELL. SO I BELIEVE THAT'S CORRECT. WE MIGHT HAVE TO TOUCH BASE AND SEE HOW THAT TRANSPIRED, BUT IT IS 3.5% FOR EDC. CDC IN THE CITY WAS APPROVED BY THE CITY COUNCIL BUDGET. AND LIKE I SAID, WE TALK ABOUT THE BUDGET EARLIER IN THE SUMMER WHEN WE DON'T HAVE AS MUCH DATA, AND WHEN WE GET CLOSER TO AUGUST AND WE PRESENT THE ACTUAL BUDGET, WE COULD SEE SALES TAX WAS TRENDING. WE HAVE RETAIL TRADE AT 4%. SO WE FELT COMFORTABLE THAT 3.5% WAS SLIGHTLY CONSERVATIVE. BUT STILL OUR BEST GUESS MOVING FORWARD ON WHAT TO BUDGET FOR. OKAY. AND THEN IF YOU WOULD COMMENT ON THE THE FUND BALANCE. SO SITTING AT ALMOST 100 MILLION IN FUND BALANCE LOOKS LIKE, YOU KNOW, PRETTY SUBSTANTIAL NUMBER. BUT COMMENT ON HOW IN REALITY SOME OF THIS IS ALREADY BEEN ALLOCATED THAT JUST FROM A ACCOUNTING PERSPECTIVE IT DOESN'T COME OUT YET. YEAH. SO THE BEST WAY TO ANSWER THAT IS BY LOOKING AT THE PROJECTS CATEGORY. AND YOU CAN SEE THAT OUR TOTAL BUDGET WAS CLOSE TO 81 MILLION. RIGHT NOW WE ONLY HAVE 37 MILLION ACTUALLY SPENT YEAR TO DATE ACTUALS. THAT THAT DIFFERENCE OF CLOSE TO I GUESS THAT'D BE 3040 SOMETHING MILLION WILL LIKELY BE REAPPROPRIATED THAT THAT'S PROJECTS YOU ALL HAVE APPROVED THAT JUST HAS NOT CAME TO FRUITION YET. AND SO EVERY YEAR WE DO THAT REAPPROPRIATION LISTING, THERE'LL BE SOME THAT FALL OFF. BUT I WOULD SAY ABOUT 96% OR SO END UP GETTING REAPPROPRIATED EVERY YEAR. SO EVEN THOUGH WE'RE LOOKING AT $98 MILLION IN FUND BALANCE, WE'LL LIKELY HAVE A $40 MILLION INCREASE TO THE PROJECT, TO Y'ALL'S BUDGET THAT YOU ALL APPROVED FOR 26, AND YOU'LL LIKELY BE SEEING CLOSE TO AN $80 MILLION PROJECT EXPENDITURE BUDGET FOR FISCAL YEAR 26 AS WELL. SO I FACTOR THAT OUT AT LEAST. AND THEN THERE'S GOING TO BE OTHER STUFF THAT Y'ALL MIGHT HAVE PLANNED THAT I MIGHT NOT, YOU KNOW, BE AWARE OF, BUT I'D BE SAYING, YOU KNOW, 50 MILLION OR SO RIGHT NOW, FACTORING IN THE ROADWAY TRANSFER, PROBABLY 49, 48 OR SO WOULD BE A MORE REALISTIC NUMBER. HOW DOES THE AIRPORT IS THAT 30 MILLION IN THAT 98? NO, I THINK WE ALREADY TRANSFERRED THE ROADWAY TRANSFER. SO I THINK THAT WAS IN THE AIRPORT. YEAH. FOR THE AIRPORT. SORRY. I THINK WE'VE ALREADY MADE THAT TRANSFER. SO THAT SHOULD ALREADY BE ACCOUNTED FOR IN THAT COMMUNITY GRANTS AND PROJECTS AIRPORT'S ALREADY IN AND OUT. THE 30 REVENUE AND THE 30 EXPENSES. AND SO WE HAVE THAT REVENUE UP THERE, THE DEBT ISSUANCE. SO THOSE NET TO ZERO. YEAH. BUT OBVIOUSLY YOU'LL HAVE YOUR DEBT SERVICE PAYMENTS CLOSE TO ZERO. THAT'S GOING TO BE THE OTHER PART OF IT. 170 IN THERE ABOVE. BUT OKAY. SO IF I COULD JUST REWORD THAT SLIGHTLY. SO IT SHOWS ALMOST 100 MILLION.
IN REALITY OUR FUND BALANCE IS. WOULD BE BETTER UNDERSTOOD TO BE LESS THAN 50 BECAUSE THERE'S OVER 50 THAT IS ALREADY ALLOCATED FOR PROJECTS THAT WILL SIMPLY SHOW HERE AS 100 MILLION BECAUSE OF HOW WE KEEP THE BOOKS. BUT THAT IS NOT MONEY THAT CAN BE SPENT.
[00:25:03]
CORRECT. AND WHEN I PRESENT THE FINAL FINANCIALS, I'LL BE ABLE TO WORK WITH CINDY AND GIVE YOU THE EXACT ENDING OF HOW MUCH WILL BE REAPPROPRIATING HOW MUCH WILL ROLL INTO FUND BALANCE. YOU ALL HAVE HAD A DECISION IN THAT, AND I CAN ACTUALLY GIVE YOU AN EXACT NUMBER AT THAT TIME. RIGHT NOW MY BEST GUESS IS AROUND 49 MILLION, BUT THAT COULD SLIGHTLY CHANGE AS WE FACTOR, YOU KNOW, CLOSE OUT ALL THESE PROJECTS AND STUFF. THANK YOU.YEAH, I JUST WANT TO SAY FOR ANYONE LISTENING THAT THAT HEARD EVERYTHING BUT BUT BECAUSE WE TALKED ABOUT REAPPROPRIATING MAY NOT HAVE CLARITY THAT IT'S A LOT OF TIMES IT'S BECAUSE A PROJECT THAT HAS GONE UNDER CONSTRUCTION OR BEGAN JUST MAY HAVE BEEN DELAYED FOR SOME REASON. OR MAYBE IT'S THERE'S BEEN SOME SLIGHT CHANGES THAT CAUSED DELAYS, MARKET DELAYS, WHATEVER THEY ARE. BUT THEY THEY END UP FUNDING A LITTLE BIT LATER, WHICH ENDS UP FALLING INTO THE NEXT YEAR. AND I JUST WANT TO MAKE THAT CLEAR FOR PEOPLE THAT MAY NOT CORRECT. AND THAT'S NOT ALWAYS JUST THAT'S NOT THE ONLY CASE, BUT THAT'S OFTEN THE CASE. AND THE BIG THING FOR THAT IS THE CONSTRUCTION FUND IS THAT THOSE AGREEMENTS ARE TWO YEAR AGREEMENTS. SO EVEN ON A BEST CASE SCENARIO, YOU'RE GOING TO HAVE TO BE REAPPROPRIATING A GOOD AMOUNT OF THAT EVERY YEAR. I MEAN, IF WE'RE USUALLY A LITTLE BIT DELAYED, THERE'S STUFF THAT HAPPENS. BUT EVEN BEST CASE SCENARIO, HALF OF THAT WOULD BE NEEDING TO BE REAPPROPRIATED ON AN ANNUAL BASIS AS WELL. SO AND THEN COMMUNITY GRANTS, YOU MIGHT HAVE LONGER, YOU KNOW, CYCLES OF WHICH, YOU KNOW, YOU APPROVE GRANTS AND STUFF LIKE THAT. THAT'S NOT JUST A ONE YEAR GRANT. AND THAT'S THE IMPERFECT SCIENCE TO THIS ALL. SO AGREED. YES. THAT'S CORRECT. YES. WHAT WAS THE GROWTH ABSENT THE THE ADJUSTMENTS, THE AUDIT ADJUSTMENTS. PREVIOUS. SO I THINK WE HAD IT AT A SLIGHTLY OVER 4% THAT THAT RETAIL TRADE USUALLY DOESN'T WORK OUT PERFECTLY LIKE THAT. BUT THE OTHER CATEGORIES MINUS OUR AUDIT COLLECTIONS ENDED UP ALMOST BREAKING EVEN. SO I THINK WE'RE A LITTLE BIT OVER 4% FOR WE STILL GOT TWO MONTHS TO COLLECT. SO I'LL GIVE YOU WE'LL HAVE THE OFFICIAL NUMBERS. BUT RIGHT NOW I THINK WE'RE LOOKING AT LIKE 4.2 SOMETHING PERCENT INCREASE RIGHT NOW. THANK YOU. YEAH. ALL RIGHT. NEXT ITEM IS 253316 BOARD
[Board and Liaison Reports Board Chair City of McKinney Visit McKinney McKinney Economic Development Corporation McKinney Main Street/MPAC McKinney Parks and Recreation]
LIAISON REPORTS. BOARD CHAIR I'M GOING TO DEFER THAT TO YOU ANGELA. THANK YOU SO MUCH. NO COMMENTS OTHER THAN THERE WERE A LOT OF ACTIVITIES THAT WENT ON OVER THE MONTH. AND BOARD MEMBERS WILL BE ABLE TO SHARE IF THEY WERE ABLE TO ATTEND SOME OF THOSE EVENTS THAT WE'VE SPONSORED OVER THE MONTH. AND THAT'S ABOUT IT ALL. I HAVE. CITY OF MCKINNEY, WOULD YOU PLEASE STATE YOUR NAME, SIR? I DON'T KNOW THAT EVERYONE KNOWS WHO YOU ARE. SO GOOD MORNING, MR. PRESIDENT OR MR. CHAIRMAN. MADAM PRESIDENT. SORRY, MR. CHAIRMAN, MADAM PRESIDENT AND FORMER CHAIRWOMAN. THANK YOU FOR YOUR SERVICE. THANK YOU. APPRECIATE IT. AND CONGRATULATIONS, MR. CHAIRMAN. SO MY NAME IS PAUL GRIMES, CITY MANAGER. AND A FEW ITEMS TO SHARE WITH YOU THIS MORNING. WE OFTENTIMES DON'T GET ENOUGH ATTENTION TO OUR PUBLIC WORKS DEPARTMENT. AND I ALWAYS, WHEN THE OPPORTUNITY COMES TO GIVE THEM A PUBLIC PAT ON THE BACK, I WANT TO DO THAT. AND THIS ONE IS SHARING THAT. OUR TEAM HAS BEEN NOMINATED FOR EXCELLENCE FOR THE SECOND CONSECUTIVE YEAR FOR THE UNDER THE TREMBLE INNOVATE 2025 USERS CONFERENCE, BASICALLY RECOGNIZES OUR PUBLIC WORKS TEAM FOR SOME OF THE FINE WORK THAT THEY'RE DOING WITH DATA AND SMART CITIES TECHNOLOGY. THEY DO SOME REALLY INTERESTING THINGS IN PUBLIC WORKS. RYAN GILLINGHAM, UNDER HIS LEADERSHIP, HE DOES AN OUTSTANDING JOB. THEY HAVE MADE A VERY CONCERTED EFFORT TO BE ABLE TO GATHER AND UTILIZE DATA IN DECISION MAKING. IF YOU CAN IMAGINE, THAT'S A PRETTY BIG DEAL WHEN YOU'RE DEALING WITH LIMITED RESOURCES AND EXPANDING CITY WITH LOTS AND LOTS OF MILES OF ROADWAY AND WATER LINES AND SEWER LINES, FINDING MORE EFFICIENT WAYS TO IDENTIFY ISSUES OR MAINTAIN OR MONITOR LINES IS CRITICAL FOR US IN TERMS OF BEING PRODUCTIVE. AND SO I'D LIKE TO RECOGNIZE THEM FOR A JOB WELL DONE. BEFORE I FLIP OVER TO THE NEXT SLIDE, I SEE THAT OUR LATEST POPULATION ESTIMATE IS 233,688 AS OF OCTOBER 1ST. SO THAT'S KIND OF A GEE WHIZ CATEGORY ITEM. WE HAVE A PUBLIC INPUT MEETING TONIGHT RIGHT HERE IN THIS ROOM AT 6 P.M. FOR OUR SAFE STREETS MCKINNEY PROGRAM. THIS IS WHERE YOU WILL HAVE THE OPPORTUNITY TO HEAR THE LATEST ON SAFE STREETS PROPOSED LIST OF STRATEGIES. AND YOU CAN PROVIDE FEEDBACK ON PROJECT PRIORITIZATION FOR SPECIFICALLY TARGETING HIGH INJURY ROADWAYS AND INTERSECTIONS THROUGHOUT THE CITY. A COUPLE OTHER ITEMS I'D LIKE TO SHARE WITH YOU. I GET MY FLAGGED PAGE. HERE. WE DO. WE ARE. WE HAVE AN ELECTION UNDERWAY. IF YOU HAVEN'T NOTICED, WE ARE UNDER EARLY VOTING RIGHT NOW. IT'S ON THE SECOND FLOOR HERE AT CITY HALL, BUT THERE ARE OTHER POLLING LOCATIONS THROUGHOUT THE CITY.THEY ARE ALL CONSTITUTIONAL AMENDMENTS IN THIS NOVEMBER'S ELECTION, BUT FEEL FREE TO USE THE OPPORTUNITY, IF YOU HAVEN'T ALREADY, TO GO UPSTAIRS AND VOTE AFTER THIS MEETING AND EXERCISE YOUR RIGHT. ONE OTHER ITEM I'D LIKE TO SHARE THIS. LAST WEEK ON TUESDAY AT THE
[00:30:05]
COUNCIL MEETING, CITY COUNCIL HAD A LONG MEETING, A LOT OF PUBLIC COMMENTS, A LOT OF PASSION, PARTICULARLY FOCUSED AROUND SOME EFFORTS DEALING WITH HOMELESSNESS IN OUR COMMUNITY. WE ARE CALLING IT THE BETTER TOGETHER INITIATIVE. OUR HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT, UNDER THE GUIDANCE OF JENNIFER ARNOLD, ASSISTANT CITY MANAGER, ARE TAKING THE LEAD AND REALLY CONDUCTING OR CONVENING, STARTING A MULTI-MONTH CONVERSATION ON HOW ARE WE GOING TO RECONCILE THE CONDITION, BECAUSE THAT'S WHAT IT IS A CONDITION OF HOMELESSNESS IN OUR COMMUNITY. EVERY COMMUNITY HAS THEM. IT'S NOT GOING TO GO AWAY. YOU'RE NOT GOING TO ELIMINATE IT. THESE ARE CONDITIONS THAT WE LIVE WITH, AND WE HAVE TO FIGURE OUT AS A COMMUNITY HOW WE'RE GOING TO RECONCILE THAT CONDITION WITH WHAT WE WANT AS A COMMUNITY. AND IT WILL BE A SPIRITED CONVERSATION IN THE COMING MONTHS. WE'RE GOING TO HAVE IT PROFESSIONALLY FACILITATED, PROFESSIONALLY NAVIGATED, YOU MAY CALL IT, AND WE HAVE AN RFP GOING OUT ON THE STREET HERE SOON TO BE ABLE TO SOLICIT PROPOSALS FROM THOSE TYPES OF THE RIGHT PARTNER FOR THE COMMUNITY TO HELP GUIDE THOSE CONVERSATIONS. VERY IMPORTANT. HIGH SOCIAL IMPACT. THE COUNCIL DID ALSO ADOPT A COUPLE OF ORDINANCES THAT HAD SOME CONTROVERSY ASSOCIATED WITH THEM, AS THESE THINGS DO, ON PROVIDING THE POLICE DEPARTMENT WITH SOME TOOLS FOR ENFORCEMENT SHOULD THAT ARISE.AND THEY NEED THOSE TOOLS. SO IT REALLY WAS A PACKAGE DEAL. IT WAS WE'RE GOING TO MAKE A DOWN PAYMENT ON SOME ENFORCEMENT TOOLS, BUT WE'RE ALSO GOING TO MOVE FORWARD ON A COMMUNITY WIDE CONVERSATION, ON HOW WE'RE GOING TO TRY TO COME UP WITH A GAME PLAN FOR DEALING WITH HOMELESSNESS IN OUR COMMUNITY AND RECONCILING IT. I USE THE METAPHOR OF, FOR SOME OF YOU, YOU MAY BE OLD ENOUGH TO REMEMBER I'M NOT LOOKING AT ANY FACES MAKING ANY EYE CONTACT, BUT REMEMBER THE GAME ELECTRIC FOOTBALL? I USE THIS METAPHOR ELECTRIC FOOTBALL. WE PLUG THE MACHINE IN AND YOU PUT THE LITTLE FOOTBALL PLAYERS ON THE BOARD. YOU. YOU'RE LOOKING AT ME. NO IDEA WHAT YOU'RE DOING. WELL, I HAD ONE. YES, IT WAS A GAME THAT YOU WOULD PLUG IN AND IT WOULD USE ELECTRIC VIBRATION TO MOVE THE PLAYERS. WELL, AS YOU ALL KNOW, THOSE PLAYERS REALLY KIND OF RANDOMLY MOVED AND SOME OF THE PLAYERS, IF YOU WERE LUCKY, WOULD JUST SPIN AROUND IN CIRCLES. RIGHT? THAT WAS YOUR RUNNING BACK THAT WAS SUPPOSED TO RUN SOMEWHERE.
SO ANYWAY, THAT'S BEEN SORT OF OUR STRATEGY, UNFORTUNATELY, ON DEALING WITH HOMELESSNESS.
WE'VE PLUGGED THE MACHINE IN AND EVERYBODY'S BUZZING AROUND, BUT WE'RE NOT MOVING IN ANY DIRECTION. WE'RE TRYING TO CHANGE THAT. WE'RE TRYING TO COME UP WITH A GAME PLAN, A ROADMAP FOR THE COMMUNITY, AND THE CITY COUNCIL IS VERY ENGAGED ON THIS, AS I WOULD IMAGINE, I WOULD EXPECT, AND THE COMMUNITY AS WELL, AND THE COMMUNITY, THE CONVERSATIONS HAVE ALL BEEN EXTREMELY RESPECTFUL AND AND WE ANTICIPATE THAT WILL CONTINUE.
SO BUT ANYWAY, I WANTED TO SHARE THAT WITH YOU BECAUSE SOME OF THE RECOMMENDATIONS THAT COME OUT OF THIS PROCESS MAY IMPACT OR MAY ULTIMATELY RESULT IN SOME REQUESTS OF THE MCDC IN THE FUTURE MONTHS AND YEARS. SO WITH THAT, I WILL STAND FOR ANY QUESTIONS. PAUL, JUST A QUESTION. THE WATER TOWER. WHAT IS THE PROGRESS ON THE RENOVATION? THAT IS, I BELIEVE WE'RE GOING TO GET STARTED THIS FALL. I HAD AN UPDATE, I BELIEVE, FROM GARY GRAHAM ON IT AND THEY ARE LOOKING TO GET STARTED. I THINK YET THIS FALL YOU SHOULD BE SEEING SCAFFOLDING WILL BE THE FIRST PART OF IT WILL GO UP BECAUSE THEY'RE GOING TO HAVE TO REMOVE SOME OF THE PAINT, SOME OF THE PRIMER AND THEN RESURFACE IT. BUT YES, THAT'S COMING. AND HOW LONG A PROJECT IS THAT? PROBABLY EIGHT MONTHS. 8 TO 10 MONTHS, I GUESS. WELL, YOU SAID POPULATION 233. DO YOU HAPPEN TO KNOW GROWTH PERCENT? I'M SORRY, YOU SAID POPULATION 233. WHAT'S GROWTH PERCENT ON THAT? WELL, WE THIS IS TYPICALLY A MONTH TO MONTH ESTIMATE THAT WE DO. BUT WE'VE BEEN AVERAGING ABOUT 4% PER YEAR. IT'S BEEN ALMOST CLOCKWORK EVERY YEAR NOW IT'S GOING TO THAT PERCENTAGE. AS WE GROW AS A COMMUNITY, THAT PERCENTAGE WILL ACTUALLY COME DOWN. BUT WE'VE BEEN AVERAGING ABOUT 3 TO 4%. OKAY. SO I'M TRYING TO RECONCILE SALES TAX COLLECTION GROW BY 4 TO 4.2. INFLATION AT 2.5. POPULATION BY FOUR. WE SHOULD BE AT 6.5. AND SALES TAX COLLECTION JUST BECAUSE OF POPULATION AND INFLATION. BUT WE'RE ONLY AT FOUR. SO. I'LL SEND YOU AN EMAIL CHANCE. THAT'S IT. THAT'S A RIDDLE YOU WOULD LIKE TO HAVE SOLVED. I'D BE CURIOUS AS TO. YEAH, I WILL TELL YOU WHEN LOUIS MCCLAIN, WHO DOES SOME WORK FOR US. HE'S A KIND OF A SCION IN PUBLIC FINANCE IN TEXAS. FOR MANY YEARS. HE HAD DONE AN ANALYSIS SOME YEARS AGO. AND SALES TAX REALLY IS A FUNCTION OF YOUR POPULATION ALMOST WHEN YOU ADJUST FOR INFLATION, IT IS A PER CAPITA EXPENSE. YEAH. AND IT'S BEEN STEADY OVER THE YEARS. BUT I WOULD ALSO I WOULD ALSO ADD THAT. SALARY GROWTH AND INCOME HAS NOT, OVER THE LAST SIX YEARS, CERTAINLY HAS NOT KEPT UP WITH INFLATION. SO THE PERCENTAGE OF OF DISPOSABLE INCOME AND MONEY PEOPLE HAVE TO SPEND HAS, HAS GROWN AT ONE RATE, WHILE THE COST OF LIVING HAS GROWN AT A RATE MUCH
[00:35:07]
GREATER. SO I THINK THAT'S I THINK THAT'S PROBABLY WHAT'S GOING ON. RIGHT. WHEN YOU HAVE LIMITED RESOURCES, THOSE RESOURCES GET SPENT ON THINGS THAT HAPPEN TO BE NOT TAXABLE AS MUCH. RIGHT. SO SO YOU DON'T YOU DON'T BUY SOMETHING, YOU KNOW, YOU DON'T BUY A NEW TV WHEN YOU'RE WHEN YOU'RE PUTTING MONEY INTO FOOD. RIGHT. AND THAT'S NOT TAXABLE. WE DON'T NECESSARILY EAT OUT AS MUCH WHEN AND YOU SPEND IT ON NONTAXABLE ITEMS. SO I SUSPECT THAT'S IT. BUT IT'S A IT'S INTERESTING THAT WE'RE AT 4% AND TWO AND A HALF INFLATION.AND WE'RE ONLY AT FOUR TOTAL. SO OKAY. THANK YOU. OKAY PAUL MAY I ASK A QUESTION. YES SURE.
WITH THE. ADDITION OF MANY OF THE STOREFRONTS AND THE WHOLE FOOD SHOPPING CENTER OPENING, AND THAT'S REALLY LIKE A THRIVING CENTER RIGHT NOW, WHO IS RESPONSIBLE FOR A SIDEWALK ALONG 380 THAT WOULD CONNECT WHOLE FOODS INTO THE STONEBRIDGE RANCH COMMUNITY? OR HAS THAT NOT BEEN CONTEMPLATED? I WOULD HAVE TO LOOK, BUT THAT LOT THAT NEEDS TO BE DEVELOPED.
THERE'S A VACANT LOT STILL TO THE ON THE THE EASTERN SIDE OF THAT PROPERTY. THE DEVELOPER TYPICALLY IS RESPONSIBLE FOR CONSTRUCTING THE SIDEWALKS. OKAY. BECAUSE I THINK THERE'S ALSO SOME PRIVATE LAND IN BETWEEN THE TWO. SO I WAS CURIOUS IF MAYBE A GAP EVER GOING TO BE ADDRESSED. OKAY. YEAH. THAT MAY THERE MAY BE A GAP THERE FROM THAT PIECE TO THE STONEBRIDGE TO BASICALLY STONEBRIDGE. RIGHT. WE'LL HAVE TO EVALUATE THAT WHERE THAT LIKE ONE OLD HOUSES. THAT'S RIGHT THERE. YEAH. YEAH. TYPICALLY THE DEVELOPER WILL COME IN WHEN THEY DEVELOP. THEY'RE OBLIGATED TO BUILD THE PUBLIC SIDEWALK BUT ONLY ACROSS THEIR PROPERTY LINE. RIGHT. OKAY. ANYTHING ELSE? OKAY. THANK YOU. THANK YOU. PAUL.
VISIT MCKINNEY. GOOD MORNING, MR. CHAIR. MADAM PRESIDENT, MEMBERS OF THE BOARD, CONGRATULATIONS TO THE OFFICERS ON THE ELECTION. EXCITED TO WORK WITH YOU GUYS OVER THE NEXT YEAR. A COUPLE TOURISM NUGGETS FOR YOU THIS MORNING. LIKE I TOLD THE MTC BOARD EARLIER THIS WEEK, I'M NOT HERE TO DEBATE ON WHO IS BETTER, BUT I WANT TO SPEAK ABOUT THE TEXAS WEEKEND FOR A SECOND. I WILL SAY THAT DID THAT DID CORRELATE INTO A DEBATE FROM THE DYESS, BUT THAT'S BETWEEN YOU GUYS. TEXAS WEEKEND IS AN INTERESTING ONE FOR MCKINNEY. HISTORICALLY, IT DATA HAS SHOWN THAT IT'S BEEN ONE OF OUR HIGHEST OCCUPANCY WEEK WEEKENDS OF THE ENTIRE YEAR. THAT MIGHT BE PEOPLE TRAVELING TO THE GAME AND THEN STOPPING IN MCKINNEY ON THE WAY BACK. BUT THIS YEAR WAS NO DIFFERENT. DATA SHOWED THE EXACT SAME THING, BUT THE KIND OF INTERESTING FACT TO THIS IS, OVER THE LAST YEAR, WE'VE ADDED 300 NEW HOTEL ROOMS TO OUR PORTFOLIO, SO BREAKING EVEN ON OUR OCCUPANCY MEANS THAT WE ALSO BOOKED 300 ADDITIONAL ROOMS YEAR OVER YEAR, WHICH WAS FRIDAY NIGHT, 94.5% OCCUPANCY AND SATURDAY NIGHT 95.4% OCCUPANCY FOR THE CITY. IT'S REALLY HARD TO GET A LOT HIGHER THAN 94 OR 95% OCCUPANCY FOR MCKINNEY. SO THAT THAT'S A REALLY INTERESTING FACT FOR US. THAT WEEKEND INCLUDED RAT ROD.
IT INCLUDED DIA DE LOS MUERTOS, AND THEN THERE WAS A SOCCER TOURNAMENT THAT TOOK PLACE AT CRAIG RANCH AS WELL. SO OVERALL, THE CITY WAS VERY BUSY. OUR AVERAGE DAILY RATES WERE THE HIGHEST I'VE EVER SEEN THEM, WHICH WAS AROUND $138 A NIGHT, AVERAGE DAILY RATE FOR THE CITY.
SO JUST A JUST AN INTERESTING FACT FOR YOU TO KEEP IN YOUR BACK POCKET AS WE GO THROUGHOUT THE YEAR THAT THAT WEEKEND IS INCREDIBLY BUSY FROM A TOURISM PERSPECTIVE FOR THE CITY. AND I HOPE OUR BUSINESSES AND EVERYBODY ELSE WERE ABLE TO BENEFIT FROM THAT AS WELL.
ANOTHER COLLEGE FOOTBALL POINT FOR YOU. TOTALLY SEPARATE FACT THOUGH. AS YOU KNOW, WE'VE HOSTED THE D2 GAME FOR QUITE SOME TIME IN MCKINNEY. WE'VE REALLY BECOME THE HOME FOR NCAA D2 FOOTBALL. AND OVER THE LAST WEEKEND DURING THE GEORGIA OLE MISS GAME, THEY ACTUALLY SHOWED A HIGHLIGHT OF THE MISD STADIUM. THEY TALKED ABOUT MCKINNEY BEING THE HOST HOME FOR THE D2 GAME, AND ALL OF THAT IS BECAUSE OLE MISS QUARTERBACK ACTUALLY CAME THROUGH THE RANKS AND WAS THE FERRIS STATE QUARTERBACK LAST YEAR WHEN THEY WON THE NATIONAL CHAMPIONSHIP IN MCKINNEY. AND SO IT'S NEAT TO SEE THAT COME FULL CIRCLE. OBVIOUSLY, WE LOVE HOSTING THAT GAME, BUT ANYTIME MCKINNEY GETS THAT TYPE OF PRESS FOR HOSTING, THAT IS A REALLY COOL OPPORTUNITY. AND THE LAST THING I HAVE FOR YOU, BECAUSE I KNOW YOU, YOUR BOARD HAS ALSO SUPPORTED THIS ORGANIZATION YESTERDAY. AND AS YOU AS YOU KNOW, THE FARMERS MARKET WAS VOTED NUMBER ONE FARMERS MARKET IN TEXAS ONCE AGAIN, AS THEY SHOULD BE YESTERDAY. GOOD MORNING TEXAS CAME OUT AND WE HELPED THEM DO A LIVE SEGMENT OVER AT THE FARMERS MARKET. AND SO THERE'S A PORTION WHERE THEY WERE LIVE INTERVIEWING DEANNA STONE. AND THEN THEY DID B-ROLL OF THE FARMERS MARKET FROM THE WEEKEND. THROUGHOUT THAT, WE'VE SHARED IT ON OUR SOCIAL MEDIA.
IF YOU DIDN'T GET TO SEE IT LIVE. SO I ENCOURAGE YOU TO GO CHECK THAT OUT. AND WITH THAT,
[00:40:03]
I'LL STAND FOR ANY QUESTIONS. IT'S GOOD TO SEE THE OKLAHOMA FANS HAD TO TAKE A LITTLE BREAK BEFORE THEY GO HOME CRYING, BECAUSE THEY GOT BEAT SO BAD AGAIN THIS YEAR. THEY ARE WELCOME TO STAY HERE ANYTIME. ABSOLUTELY. THANK YOU GUYS. THANK YOU. MCKINNEY ECONOMIC DEVELOPMENT CORPORATION. MR. KOWSKI, NICE TO SEE YOU LAST NIGHT AT WELL DONE PURSES WITH THE PURPOSE. YEAH. GREAT EVENT AS ALWAYS MICHAEL KOSKI. NICE TO SEE MICHAEL TALLY LAST NIGHT.YES. ON STAGE. THAT'S RIGHT. JUST LIVING IT UP. THAT'S GOOD. IT'S GOOD TO SEE PEOPLE OUT OF THEIR ELEMENT A LITTLE BIT. IT WAS FUN. IT WAS GREAT JOB. SO AND OF COURSE WAS AWARDED TOP MODEL. SO PRETTY COOL. YEAH VERY GREAT A FEW UPDATES. SO CONGRATULATIONS. FIRST AND FOREMOST ON THE OFFICERS BEING ELECTED. THE EDC BOARD ALSO ELECTED OUR OFFICERS. I'M HAPPY TO REPORT THAT BRIAN LOCHMULLER WILL REMAIN OUR CHAIRMAN. KIRK KEANE WILL BE OUR VICE CHAIRMAN.
AND THAD HOUSLEY IS OUR TREASURER AND SECRETARY. SO I THINK WE HAVE AN ALL STAR TEAM AND LEADERSHIP ACROSS THE BOARD HERE. I'M GOING TO GIVE KUDOS TO PRESIDENT SCHNABEL. SHE AND I EACH YEAR DO A ROAD SHOW AND VISIT WITH LEADERSHIP MCKINNEY, THE CLASS OF 2026. AND WE DID A PRESENTATION. SO ONCE AGAIN, I WANT TO SAY WELL DONE, CINDY. ON THAT ONE, WE GIVE A PRESENTATION ABOUT WHAT WE'RE DOING, HOW WE'RE DOING IT, AND SO ON. IF YOU WANT TO HEAR MORE ABOUT THE EDC AND WHAT WE'RE DOING, WE HAVE A JOINT MEETING WITH CITY COUNCIL NEXT TUESDAY AT 4:00. AT THAT MEETING, I WILL RECAP OUR WINS FROM THIS PAST YEAR, BUT ALSO TALK ABOUT SOME HEADWINDS WE'RE UP AGAINST AND HOW WE'RE GOING TO PLAY OFFENSE AND DEFENSE AGAINST THOSE HEADWINDS AND TALK ABOUT STRATEGY. SO VERY EXCITED TO SHARE THAT STORY WITH THE PUBLIC AND BEYOND. AND THEN FINALLY, I'LL LEAVE WITH THIS. PLUG AND PLAY IS HOSTING THEIR EXPO AT THE COLLIN COLLEGE CAMPUS. MISS BRADFORD WILL BE THERE. WHAT'S GREAT ABOUT THAT EXPO THIS YEAR IS THAT WE'RE BRINGING VENTURE CAPITAL MONEY INTO THE EXPO, SO VENTURE CAPITAL PARTNERS THERE SPEAKING WITH OUR STARTUPS, TALK ABOUT INVESTMENT BEYOND WHAT WE DO AS AN EDC, BUT REALLY THE LARGER CHECKS. SO IT'S A BIG WIN FOR MCKINNEY TO HAVE THOSE FOLKS.
THAT'S AT 10:00 TODAY, AND IT GOES UNTIL ABOUT NOON OR 1230. SO WITH THAT, MR. CHAIRMAN, I WILL STAND FOR ANY QUESTIONS. QUESTIONS FOR ME. THANK YOU SIR. THANK YOU. MCKINNEY MAIN STREET.
GOOD MORNING. CHAIR, BOARD. ANDREW JONES, CULTURAL DISTRICT DIRECTOR. SO START OFF, WE'VE HAD A VERY BUSY SEPTEMBER AND OCTOBER ALREADY. WE HAD A RECORD, OCTOBERFEST, WHICH IS COMING OFF OF A RECORD LAST YEAR. SO WE WERE UP OVER 7%. WE'RE LOOKING FORWARD TO SOME RETAIL COACH NUMBERS FROM CELL PHONE THAT'S ALWAYS LAGGING. SO ONCE WE GET THAT, WE'LL SHARE THAT WITH THE BOARD. WE HAD A SOLD OUT VIP ON SATURDAY AND, YOU KNOW, HAD A LOT OF GREAT WINS WITH EXPANDED KIDS AREAS. BUT WE'RE WE'RE VERY EXCITED TO CONTINUE THAT. AND THEN IT OBVIOUSLY FUNDS THE MAIN STREET PROGRAM. SO THAT REALLY SETS US UP IN A GOOD POSITION FOR THE FOLLOWING YEAR. WE ALSO HOSTED THE LONE STAR CIRCUS, WHICH WAS A GREAT EXPERIENCE, KIND OF LIKE A CIRQUE DU SOLEIL TYPE EXPERIENCE IN DOWNTOWN. AND THEN JUST A QUICK UPDATE ON OUR IMPACT RENOVATIONS. WE DID GET A NOTICE TO PROCEED FROM THE TEXAS HISTORIC COMMISSION. SO PRETTY MUCH EVERYTHING THAT WE WERE LOOKING FOR, THEY APPROVED. AND WE ARE DRAFTING FINAL PLANS ARE DUE NEXT WEEK, SO WE'RE EXCITED TO ONCE WE HAVE THOSE AND KIND OF GET SOME ESTIMATES AND MAKE SOME DECISIONS, WE'LL BRING HANDS TO THE BOARD AND THEN SOME IMPACT. MAIN STREET EVENTS OCTOBER 23RD THROUGH 25TH. THIS WEEKEND, YOUNG ACTORS GUILD IS PRESENTING RADIUM GIRLS. THIS WEEKEND WE ALSO HAVE THE SPOOKTACULAR BEER WALK ON OCTOBER 25TH AT IMPACT! ON NOVEMBER 1ST, WE'RE HOSTING ASLEEP AT THE WHEEL, WHICH IS ALREADY SELLING VERY WELL, AND THEN SOME HOLIDAY UPDATES. OUR DOWNTOWN TREE ARRIVES NOVEMBER 11TH, WHICH IS ALWAYS A FUN START TO THE HOLIDAY SEASON, AND THEN PUT ON YOUR CALENDARS NOVEMBER 28TH THROUGH 30TH FOR HOME FOR THE HOLIDAYS. AND LAST BUT NOT LEAST, I WANT TO TALK A LITTLE BIT ABOUT SOME AWARDS THAT MAIN STREET HAS WON. SO OUR STATE ORGANIZATION, THE TEXAS DOWNTOWN ASSOCIATION, WE HAD APPLIED FOR SOME AWARDS. WE WON FOR WE HARVEST WON BEST RENOVATION IN THE STATE, WHICH IS QUITE AN ACCOLADE. WOW. OUR TROLLEY, WHICH WAS A CDC FUNDED PROJECT, WON BEST PROJECT. AND THEN WE HAD A FEW PEOPLE'S CHOICE AWARDS. MCKINNEY WON BEST BUSINESS IN THE STATE AND THEN ALSO BEST DOWNTOWN. SO PEOPLE'S CHOICE. SO REALLY EXCITED TO KIND OF, YOU KNOW, GET SOME ACCOLADES. BUT I WANT TO TALK ABOUT OUR STAFF AND OUR OTHER STAKEHOLDERS THAT REALLY MAKE ALL THAT POSSIBLE. SO HAVE A GREAT TEAM RIGHT NOW. THAT'S AWESOME. ANY QUESTIONS ANDREW.
[00:45:04]
DO YOU NEED ANOTHER TROLLEY. YOU KNOW THAT'S A THAT'S A GREAT QUESTION. I THINK AT THIS POINT WE WOULD HAVE TO LET ME TALK TO OUR BOARD AND WE'LL KIND OF GET SOME STATS ON THERE BECAUSE WE ARE APPROACHING SOME LIMITS WITH THE TROLLEY AT CERTAIN PEAK TIMES. SO I THINK THOUGH IT'S ALSO A CAPACITY FOR, YOU KNOW, FOR DRIVERS AND OTHER THINGS LIKE THAT TOO. I THINK WE'RE GOING TO SEE SOME SHIFTS IN RIDERSHIP ONCE VIRGINIA OPENS, BECAUSE WE'LL INCORPORATE US, WE'LL MAKE SOME MODIFICATIONS TO THE ROUTE. AND I THINK AFTER WE EXPERIENCE THAT, WE WOULD HAVE A LITTLE BIT BETTER DATA MOVING FORWARD. OKAY. ANY OTHER QUESTIONS? THANK YOU. THANK YOU. SIR. MCKINNEY PARKS AND RECREATION. GOOD MORNING CHAIR. IT'S GOOD TO SEE YOU BACK IN THAT SEAT. MADAM PRESIDENT. MEMBERS OF THE BOARD, AMY KINCAID, DIRECTOR OF PARKS AND REC. JUST WANTED TO HIGHLIGHT THIS PAST WEEKEND WE HAD THE TRICK OR TREAT TRAIL.IT WAS EXCITING TO HAVE MCDC INVOLVED, BUT WE HAD A SUCCESSFUL EVENT. IT WAS AMAZING. AT 3:00, THE THE CLOUDS WENT AWAY AND THE SKIES CLEARED AND IT WAS AMAZING EVENT. SO OVERALL, WE LOOK FORWARD TO SEEING HOW WE CAN GROW THAT EVENT IN THE FUTURE.
COMING UP, WE HAVE THE VETERANS DAY CEREMONY ON SATURDAY, NOVEMBER 8TH AT 11 A.M. AT THE RT. FOSTER MEMORIAL AND THE FOLLOWING. WE'RE GOING TO DO A DEDICATION TO THE RT PLAQUE THAT HAS BEEN INSTALLED. IT'S VERY SPECIAL, SO IT'S DEFINITELY RECOMMEND YOU GUYS GOING TO CHECK THAT OUT. ALSO, WE HAVE SOME EXCITING NEWS. THE STAGE THAT WE HAVE BEEN WAITING ON WILL BE DELIVERED TOMORROW. IT'S GOING THROUGH FLEET, BUT I WILL SHARE SOME PHOTOS OF WHAT THAT LOOKS LIKE IN THE NEXT REPORT THAT GOES OUT TO YOU. SO EXCITED TO HAVE THAT. IT'S GOING TO BE A GREAT ADDITION. SOME PROJECT UPDATES GABE NESBITT FOURPLEX I WAS APPROVED AT THIS PAST COUNCIL MEETING, SO THAT PROJECT WILL BE MOVING FORWARD. REC CENTER TOWN LAKE.
WE ARE WAITING ON METERS TO BE SET, BUT WE HAVE STARTED STOCKING OF ALL THE GAMING AND FURNITURE AND ALL THE EQUIPMENT IS BEING INSTALLED. WE ARE PREPARING FOR AN OPEN HOUSE THE WEEKEND OF NOVEMBER 8TH AND NINTH OR SEVENTH AND EIGHTH. SORRY AND RESUMING HOURS ON NOVEMBER 10TH. SO WE'RE THERE. SUPER EXCITED TO HAVE THAT BACK OPEN. THE STAFF IS TRANSITIONING OVER THERE AND VERY EXCITING. ALSO, LIGHT WALK IS NEAR COMPLETION. WE ARE PLANNING A RIBBON CUTTING ON DECEMBER 3RD FROM 4 TO 6 FOR BOTH REC CENTER TOWN LAKE AS WELL AS LIGHT WALK. SO MORE INFORMATION TO COME. SO MARK YOUR CALENDAR. THE BOB THOMAS DOG PARK AT TOWN LAKE, WHICH HAS SUCH A GREAT RING. THOSE, AS WELL AS GRADY LITTLEJOHN BID DOCUMENTS ARE UNDER REVIEW AND PROCUREMENT, AND THOSE WILL BE GOING OUT AS SOON AS THEY GIVE US THE STAMP TO MOVE FORWARD. EPIC CON IS COMING UP ON NOVEMBER 5TH AND SIXTH, SO ALL OF OUR FACILITIES WILL BE CLOSED FOR A VERY IMPORTANT JUST CONFERENCE THAT WE PROVIDE PROFESSIONAL GROWTH THAT MISTER KOSKI STARTED AND EXCITED TO CONTINUE THAT. SO JUST A NOTE ON THAT. AND WITH THAT I'LL STAND FOR ANY QUESTIONS. AMY, WHAT'S THE RT FOSTER MEMORIAL AT THE TIME ON THAT AGAIN 11 A.M. ON NOVEMBER 8TH. NOVEMBER 8TH. ANYBODY I TELL YOU THE THE TRICK OR TREAT TRAILS. IT WAS CRAZY. WE WERE GOING TO MAIN GATE AND DROVE BY THAT AREA. I MEAN, THERE WERE KIDS AND FAMILIES EVERYWHERE. IT WAS REALLY COOL TO SEE THAT MANY PEOPLE COME OUT FOR THE CITY OF MCKINNEY TO TO SUPPORT IT. GOOD JOB FOR YOUR TEAM. THANK YOU SO
[President’s Report]
MUCH. THANK YOU. ALL RIGHT. PRESIDENT'S REPORT. THANK YOU, MR. CHAIR. FIRST OF ALL, CONGRATULATIONS TO THE OFFICERS FOR THE COMING YEAR. LOOK FORWARD TO WORKING WITH YOU AND MISS WOODS. THANK YOU FOR YOUR LEADERSHIP. THANK YOU FOR OF MCDK ALSO WANT TO THANK THE MEMBERS OF THE RETAIL INFRASTRUCTURE SUBCOMMITTEE AND THE PROMOTIONAL GRANTS SUBCOMMITTEE. THERE'S SOME OVERLAP. AJ AND JOY ARE DOING DOUBLE DUTY THERE, AND MARCUS IS ALSO INVOLVED IN THE PROMOTIONAL GRANT SUBCOMMITTEE. RETAIL INFRASTRUCTURE HAS BEEN WORKING THROUGH QUESTIONS AND POTENTIAL CHANGES TO THE PROGRAM THAT WILL BE ON THE AGENDA FOR THE BOARD TO DISCUSS AT THE NOVEMBER MEETING, AND THE PROMOTIONAL GRANTS COMMITTEE HAVE BEEN THE MEMBERS HAVE BEEN REALLY HELPFUL IN MODIFYING THE WRITTEN[00:50:05]
APPLICATION AND GUIDELINES TO, I THINK, BETTER GUIDE APPLICANTS TO PROVIDE THE INFORMATION THAT THIS BOARD IS LOOKING FOR AND MAKING DECISIONS ABOUT THE APPLICATIONS THAT COME BEFORE US. NO PROGRAM CHANGES PER SE, BUT REALLY IMPROVING THE COMMUNICATION ABOUT THAT PROGRAM. SO THANKS TO THOSE MEMBERS. PLEASE TAKE A LOOK AT THE REPORTS ATTACHED TO THE AGENDA. THE RECAP OF THE GRANTS DOCUMENT REFLECTS ALL OF THE AWARDS THAT WERE MADE IN THE RECENTLY CLOSED FISCAL YEAR, AND THE MARKETING REPORT HAS GREAT INFORMATION. WE HAVE JUST EXCEEDED 5000 FOLLOWERS ON FACEBOOK. SO CONGRATS TO LYNDA AND ANNIE FOR THEIR WORK IN ELEVATING OUR SOCIAL MEDIA PRESENCE. THERE. I'VE GOT A QUICK UPDATE ON THE SILOS AT TOPS. THEY HAVE COMPLETED THE INSIDE WORK ON THE SILOS AND THE DOORS HAVE BEEN INSTALLED, AND THEY HAVE PASSED ALL STRUCTURAL FRAMING AND ELECTRICAL INSPECTIONS. WHAT THEY HAVE LEFT TO DO IS SOME ADDITIONAL ELECTRICAL WORK AND SPRAY FOAM, AND THEN THEY'LL TURN THE SILOS OVER TO THE TENANTS. THEIR TARGET IS TO HOPEFULLY HAVE THEM OPEN BY THE FRIDAY AFTER THANKSGIVING. SO ARE WORKING TOWARDS THAT GOAL.JUST AS A REMINDER, THE FIVE TENANTS THEY HAVE IN PLACE ARE PLANTS, FIELDS AND FIDELIS LAVENDER TOASTED, SIMPLE SIRUP, UGLY HOTEL JEWELRY AND ROLLING CIGARS. SO THOSE TENANTS HAVE.
REMAIN. I KNOW IT MAKES YOU CURIOUS. GOT A CIGAR AND GOT THE MIXERS JEWELRY. THERE ARE A COUPLE OF HANDOUTS THAT YOUR AT YOUR PLACE. ONE IS I GOT A CALL YESTERDAY FROM A RESTAURANT THAT'S OPENING AT HUB 121 NEW RESTAURANT, PAGE THREE INDIAN RESTAURANT AND THEY WILL HAVE THEIR RIBBON CUTTING ON FRIDAY AFTERNOON AT 4:00. SO IF ANYBODY IS INTERESTED IN ATTENDING, THEY WOULD LOVE TO HAVE YOU THERE. THERE'S ALSO AN UPDATED BOARD ROSTER AND OUR GRANTS CALENDAR FOR FY 26. THE QUALITY OF LIFE AWARDS PROGRAM IS ABOUT TO LAUNCH FOR THIS YEAR. THE INFORMATION WILL BE RELEASED NEXT WEEK. IT'S A SHORTENED NOMINATION PERIOD THIS WEEK. THE ALL NOMINATIONS WILL HAVE TO BE RECEIVED BY DECEMBER 12TH, AND THEY WILL BE PRESENTED TO THE BOARD FOR ACTION AT THE DECEMBER BOARD MEETING THERE. THERE ARE SOME CHANGES TO HOW THE AWARD RECIPIENTS WILL BE PRESENTED AT THE CHAMBER'S EVENT IN FEBRUARY.
THAT INCLUDES SOME VIDEOTAPING, SO WE'RE BUILDING TIME INTO THE SCHEDULE FOR THAT. SO IT'S MOVED UP OUR APPLICATION PERIOD AS A RESULT. AND LAST BUT NOT LEAST, I WANT TO RECOGNIZE ANNIE WITH WHO HAS A BIRTHDAY COMING UP FIRST WEEK OF NOVEMBER BEFORE THE NEXT MEETING. SO HAPPY BIRTHDAY TO YOU. HAPPY BIRTHDAY. AND I'M HAPPY TO RESPOND TO ANY QUESTIONS IF YOU HAVE THEM. ANY QUESTIONS FOR CINDY? NO QUESTIONS. ALL RIGHT. WE'LL
[Consider/Discuss/Act on an Extension to the Term of the Loan Agreement for Project RI24-07, Venezia Sapori, for Exterior Infrastructure and Site Improvements Related to the New Restaurant Site at 1820 Eldorado Parkway in McKinney, to December 31, 2025.]
MOVE ON TO OUR REGULAR AGENDA. ITEM 253318. CONSIDER AN ACT ON AN EXTENSION OF THE TERM OF THE LOAN AGREEMENT FOR PROJECT R12407 VENEZIA SAPORI FOR EXTERIOR INFRASTRUCTURE AND SITE IMPROVEMENTS RELATED TO THE NEW RESTAURANT SITE AT 1820 EL DORADO PARKWAY IN MCKINNEY TO DECEMBER 31ST, 2025. GOOD MORNING EVERYONE. THANK YOU FOR LETTING US REQUEST AN EXTENSION.WE DO APPRECIATE IT. THE MAIN REASON FOR THE DELAY IN THIS OVERALL PROJECT HAS BEEN WITH THE ORIGINAL CONTRACTOR. WE HAD SOME LEGAL AND CONTRACT ISSUES, AND HAS THIS GOTTEN TO A POINT WHERE NOT ABLE TO GET ANY UPDATED INVOICES, AFFIDAVITS FROM THEM? SO WE JUST HAD TO HIRE NEW PROFESSIONALS TO COMPLETE THE REMAINING OF THE WORK. REALLY ALL THAT'S NEEDING TO BE DONE IS THIS GOING TO BE TO COMPLETE THE LANDSCAPING THAT WAS TORN DOWN DUE TO THE CONSTRUCTION, AND JUST MAKING SURE ALL THE SITE AND LANDSCAPING PLANS ARE UP TO CODE WITH THE CITY? WE'RE ESTIMATING ABOUT END OF NOVEMBER. EVERYTHING WILL BE COMPLETED. THAT'S WHY WE REQUESTED UNTIL DECEMBER 31ST FOR THAT DAY. AND I DO APOLOGIZE FOR THE DELAY IN THIS REQUEST THAT I WILL HAVE TO TAKE THE BLAME ON. WE WERE A MISUNDERSTANDING ON THE CONTRACT TERMS, AND WE HAD THOUGHT THAT THE MARCH DEADLINE MEANT THAT AS LONG AS THE PROJECT HAD STARTED BEFORE THEN, THAT THINGS STILL WOULD HAVE BEEN SUBMITTED. THAT WAS THERE WAS SOME CONFUSION WITH THAT. MARCH 28TH, 2024 DEADLINE AS WELL. SO I APOLOGIZE FOR THAT. ANY QUESTIONS? I'LL JUST SAY I'VE EATEN AT THE RESTAURANT
[00:55:06]
AND FOOD IS FANTASTIC. YES, SIR. IS THERE A MOTION? I'LL MAKE A MOTION TO APPROVE THE REQUEST FOR THE EXTENSION TO DECEMBER 31ST. I SECOND THE MOTION. PLEASE CAST YOUR VOTES. MOTION PASSES. THANK YOU. THANK YOU EVERYONE. OKAY, SO WE DO NOT. WE'RE NOT GOING TO HAVE AN EXECUTIVE SESSION. THERE'S NOTHING ON THE AGENDA. PUBLIC COMMENTS REGARDING MATTERS NOT ON THE AGENDA. IS THERE ANYONE LIKE TO MAKE A COMMENT? IF NOT BOARD COMMENTS? CAN WE START[BOARD COMMENTS]
THIS? ENJOY. YES. I WOULD LIKE TO THANK YOU, ANGIE, FOR YOUR TERMS OF SERVICE AS OUR CHAIRWOMAN CHAIRWOMAN, AND CONGRATULATE THE NEW OFFICERS. I'D ALSO LIKE TO JUST ADD THAT SERVICE COMES IN MANY SHAPES AND ISN'T ALWAYS REFLECTIVE OF JUST ATTENDANCE AT THE AT THE PUBLIC EVENTS. THERE'S SUBCOMMITTEE WORK THAT WE DO. THERE'S, YOU KNOW, ADDITIONAL WORK ASSOCIATED WITH THE SUBCOMMITTEES THAT HAPPENS OUTSIDE OF THOSE MEETINGS. AND I THINK EVERY MEMBER OF THIS BOARD DOES SERVE WITH A FULL HEART IN MANY DIFFERENT CAPACITIES. AND SO I KNOW THAT THE NEW AND AND RETURNING OFFICERS WILL WILL EMBODY THAT EVEN MORE FULLY THAN THOSE OF US MAYBE WHO DON'T HAVE THE FORMAL POSITIONS, BUT BUT CERTAINLY SERVE WITH WHOLE HEARTS. CHRIS. I MIRROR THAT AND AND THERE IS A TREMENDOUS AMOUNT OF WORK THAT PEOPLE DON'T SEE THAT THAT GOES ON BEHIND THE SCENES. JUST, YOU KNOW, GOING THROUGH AND EVEN THE THE APPROVAL FOR THE RETAIL INFRASTRUCTURE AND THAT COMMITTEE THAT DID THE WORK. SO CERTAINLY APPRECIATE ALL THE WORK THAT IS DONE ON THAT. AND ANGIE, IT'S BEEN A BEEN A PLEASURE SERVING UNDER YOUR LEADERSHIP. THANK YOU. OKAY.I'M DONE. SURE. ONCE AGAIN, THANK YOU GUYS FOR TRUSTING ME TO TO BE THE VICE CHAIR AGAIN THIS YEAR. ANGIE, I MISS YOU DOWN THERE, GIRL. I KNOW I GOT THIS ONE TO DEAL WITH NOW, SO GIVE ME SOME PRAYERS. BUT LAST NIGHT A BUNCH OF US ATTENDED MF, WHICH IS FANTASTIC, I THINK.
WHAT WAS THE THE PADDLES? 250 OR 60,000. JUST IN THAT ONE ONE ROUND THEY DID, WHICH WAS REALLY AMAZING TO SEE THE CITY COME OUT AND SUPPORT THAT EVENT. I COULD WATCH THE LADIES THAT WERE IN CHARGE OF THE EVENT AND EVERY TIME THE PADDLES KEPT GOING UP, I GOOD TO SEE THEM REJOICING AND CRYING AND JUST KNOWING HOW MUCH THIS CAN AFFECT THE KIDS. GOT THE CHANCE TO DO MAIN GATE THE SAME NIGHT AS THE TRICK OR TREAT WALK, WHICH IS ALSO A FANTASTIC EVENT.
THEY DID SAY NEXT YEAR IT'S COMING BACK TO MCKINNEY. IT'S GOING TO BE AT THE NEW FACILITY.
SO THAT IS GOING TO BE FANTASTIC TO SEE MAIN GATE COME BACK TO MCKINNEY AND SHARE IT.
SO AND THERE'S A LOT MORE EVENTS COMING UP GUYS. SO JUST LOOK AT EVERYBODY'S CALENDAR AND JUST ATTEND ALL THE ONES THAT WE HAVE COMING UP BECAUSE EVERYBODY NEEDS THEIR HELP.
THANK YOU, THANK YOU. OKAY. WELL AGAIN, THANK YOU FOR ALLOWING ME TO SERVE IN THE CAPACITY OF CHAIR FOR THE PAST FOUR YEARS. IT IS TRULY BEEN AN HONOR. AND I LEARNED SO MUCH FROM EACH AND EVERY ONE OF YOU AND LOOK FORWARD FOR WHAT I'LL CONTINUE TO LEARN EVEN SITTING IN THIS ROLE. SO THANK YOU AGAIN. CONGRATULATIONS TO ALL OF THE NEW OFFICERS AND EVERYONE THAT WAS APPOINTED AND REAPPOINTED. WE'RE GOING TO HAVE A GREAT YEAR. WE HAVE A GREAT BOARD. WE DO GREAT THINGS AND I KNOW THAT WILL NOT WILL STOP, WILL NOT STOP. I DID HAVE HAVE AN OPPORTUNITY TO ATTEND. OF COURSE, THE ASIAN THE ASIAN WOMEN'S FESTIVAL DIA DE LOS MUERTOS WAS ABLE TO REPRESENT THE THE BOARD AND ALSO ATTENDED THE ROOTED AND RHYTHM, WHICH WAS ONE OF THE EVENTS THAT WE ALSO SPONSORED. I GOT THERE A LITTLE BIT LATER, BUT GREAT ARTISTS LOOKED LIKE IT WAS A GOOD CROWD. I KNOW THEY HAD SOME SOME CHALLENGES BECAUSE THE WEATHER WAS A LITTLE RAIN AND PROBABLY BUT THEY INDICATED THAT THEY SOLD ALL THEIR TICKETS BUT PROBABLY DID NOT HAVE THE CAPACITY. THOSE ACTUALLY ATTENDING. SO WE'LL WE'LL BE GETTING THAT REPORT PROBABLY IN THE NEXT MONTH OR SO OF ACTUALLY THE RESULTS OF THAT. SO AGAIN, GREAT THINGS GOING ON. EVERYONE'S ATTENDING AS EVERYONE HAS SAID, NO ONE UNDERSTANDS THE AMOUNT OF COMMITMENT THAT WE MAKE OUTSIDE OF JUST SITTING AT THIS PARTICULAR MEETING. AND I AM GRATEFUL TO BE ON THIS BOARD AND AND TO SERVE WITH EACH AND EVERY ONE OF YOU. SO THANK YOU. I WANT TO THANK ANGIE FOR HER LEADERSHIP OVER THE LAST YEAR.
[01:00:02]
AND CONGRATULATIONS TO ALL THE NEW ELECTED BOARD MEMBERS. AND WE HAVE A LOT GOING ON WITH EVENTS GOING. BUT ONE OF THE BIGGEST THINGS THAT WE WILL SEE IN THE NEXT FEW MONTHS IS THE HOLIDAY SEASON THAT REALLY TOUCHES ALL OF US, AND I JUST ENCOURAGE EVERYBODY THAT IF YOU DON'T HAVE AN ORGANIZATION THAT YOU'RE WORKING WITH, WE DO HAVE A SIGNIFICANT POPULATION IN MCKINNEY THAT MAY NOT HAVE THE SAME BENEFITS THAT WE DO AT THE HOLIDAY SEASON, AND THERE ARE A TREMENDOUS AMOUNT OF ORGANIZATIONS THAT ARE HAVING ANGEL DRIVES THAT ARE DOING THANKSGIVING MEALS, AND I JUST ENCOURAGE ALL OF US TO GET INVOLVED AND ADOPT A FAMILY OR OR PROVIDE SOME RESOURCES TO THOSE IN OUR COMMUNITY THAT DOESN'T HAVE ANY. HAD THE PLEASURE OF ATTENDING A FEW EVENTS DURING THIS TIME. THE ASIAN FESTIVAL, OF COURSE, WAS PHENOMENAL. THE FOOD WAS GREAT, HAD THE PLEASURE OF TAKING MY GRANDSON WHO ATE EVERYTHING IN SIGHT. GAIL AT THE GATE WAS FANTASTIC. I WAS REALLY IMPRESSED BY THE ATTENDANCE.THIS WAS MY FIRST GALA AT THE GATE AND ATTENDANCE WAS SOMEWHERE BETWEEN 900 AND 1000.
SO FANTASTIC EVENT, ATTAINABLE HOUSING SUMMIT HELD AT THE SHERATON. JOY WAS THERE. IT WAS EXCELLENT TO BRING THE CITIES TOGETHER. LINDA. CINDY, THANK YOU FOR THE FRONT PORCH AND ALL OF THE AFFORDABLE HOUSING EFFORTS THAT ARE BEING DONE TO SEE ALL OF THE CITIES AND THE LEADERS. CITY MANAGER PAUL GRIMES WAS THERE, MAYOR BILL COX, JUSTIN BELLER, AND I HOPE I'M NOT MISSING ANY NAMES, BUT IT WAS A FANTASTIC EVENT. I HAD THE PLEASURE OF HOSTING THE LUNCH SEGMENT, SO THAT WAS A LOT OF FUN. WENT TO THE AND I'M NOT SURE THAT IT'S A CDC SPONSORED EVENT, BUT THE MCKINNEY INCLUSION YOUTH COUNCIL CHAMBER, OH, IT'S THE CHAMBER. OKAY. BUT IT WAS EXCELLENT NONETHELESS. JUST WANTED TO KIND OF HIGHLIGHT THAT A LITTLE BIT FOR ALL OF THE YOUTH AND THEIR QUESTIONS, THEIR CONCERNS, THEIR THEIR VERBIAGE, AND TO JUST HEAR WHAT'S GOING ON IN THEIR HEARTS. IT WAS VERY IMPRESSIVE.
NATIONAL NIGHT OUT, AND THAT'S NOT A SPONSORED EVENT, BUT STILL ALWAYS PLUGGED INTO THE COMMUNITY SEEING EVERYTHING THAT'S DONE. WE APPRECIATE OUR LAW ENFORCEMENT. AND TO ANGIE.
SUCH A PLEASURE TO SERVE WITH YOU. THANK YOU. I APPRECIATE YOUR HEART. THANK YOU. AND THANK YOU FOR ALL THAT YOU DO. YOU'VE LED WELL. THANK YOU. SO IS YOUR SITTING IN TIME OUT.
SITTING OVER HERE QUIET IN THE PEANUT GALLERY, IN THE PEANUT GALLERY, IN THE PEANUT GALLERY I APPRECIATE YOU. THANK YOU, I APPRECIATE YOU AND THANK YOU ALL FOR TRUSTING ME TO BE CITY.
CITY SECRETARY. IS THAT A PROPHECY? I DON'T KNOW, SORRY. I'M BAD. I'MA TELL EMPRESS.
YEAH. SHE LISTENING. WHERE SHE AT? SHE. SHE'LL BE HERE IN A MINUTE. YEAH. BUT AGAIN THANK YOU ALL. THERE'S ABOUT A 32ND DELAY, SO IF WE FINISH QUICK, YOU CAN BE OUT OF HERE. BUT TO ALL OF THE OFFICERS. THANK YOU. YEAH. FIRST I WANT TO I WANT TO ECHO WHAT JOYCE SAID BECAUSE OBVIOUSLY MY PERSPECTIVE IS NOT JUST SEEING PEOPLE AT EVENTS, BEING MAYOR OF THE LAST EIGHT YEARS, WORKING WITH THIS BOARD, BEING THE LIAISON TO THIS BOARD, BEING IN EVERY MEETING, EVERY EXECUTIVE SESSION, ALL OF OUR WORK COUNCIL SESSIONS WITH THE BOARD AND AND JUST WORKING SO CLOSELY ON SO MANY PROJECTS. CERTAINLY, I'M EXTREMELY AWARE OF THE WORK THAT GOES IN TO THIS ORGANIZATION WELL BEYOND JUST BEING AT EVENTS. AND SO I WANT TO ECHO WHAT JOYCE SAID.
I'VE SEEN IT AND EXPERIENCE IT AND KNOW IT INTIMATELY, FIRSTHAND. SO THANK YOU FOR EVERYTHING THAT EVERYONE ON THIS BOARD DOES. IT'S AN HONOR TO BE BACK ON THE BOARD. AND, ANGIE, WHAT WHAT AN ABSOLUTE BRIGHT, SHINING LIGHT. YOU HAVE BEEN ON THIS BOARD THROUGH ALL THE YEARS, ESPECIALLY SERVING AS THE CHAIRMAN. YOU REPRESENT CITY SO WELL. YOU DID SO WELL ON CITY COUNCIL. I'VE GOTTEN TO SERVE WITH YOU NOW, THERE AND NOW HERE AND RELATED A FULL CIRCLE, FULL CIRCLE. AND I WAS ELATED THAT CITY COUNCIL REAPPOINTED YOU. IT'S NOT OFTEN THAT THAT PEOPLE ARE REAPPOINTED AFTER A, A NOT REALLY A TERM LIMIT. IT'S A, IT'S A GUIDELINE. BUT THEY DO. SO WHEN SOMEBODY IS JUST SO, SO VALUABLE TO THE ORGANIZATION AND THE TEAM. AND THAT HAS BEEN YOU ALSO SOMEONE THAT IS JUST ALWAYS THERE, ALWAYS IN THE COMMUNITY. BUT OF COURSE, AS I SAID IN THE STORY, WELL SAID. ALL THE WORK BEHIND THE SCENES AND AND NOT OUT JUST IN THE PUBLIC, BUT HERE YOU'RE JUST YOU'RE A BEAUTIFUL HUMAN BEING
[01:05:04]
AND AN ASSET TO THE CITY. AND YOU'VE DEMONSTRATED THAT IN MULTIPLE CAPACITIES. AND I GUESS AFTER THIS, WE'LL SEE YOU PUTTING YOUR NAME IN THE HAT FOR COUNCIL AGAIN. OH, BUT IT'S NOT ELECTION SEASON. SO I AM NOT ELECTIONEERING AND SHE IS NOT A CANDIDATE IN CASE ANYONE WANTS TO. SO THANK YOU. THANK YOU THE BOARD. CINDY, IT'S SO GREAT TO BE BACK WITH YOU EVERYONE. LINDA. HAPPY BIRTHDAY. TWO MORE THINGS OKAY. TWO MORE THINGS. THANK YOU. DEBORAH REMINDED ME OF THIS. MY OVERSIGHT IN MENTIONING THE MCKINNEY FRONT PORCH, WHICH IS THE COLLABORATIVE GROUP THAT MCDC BEGAN CONVENING ABOUT A YEAR AND A HALF TWO YEARS AGO.AND IT INVOLVES ALL OF THE VARIOUS ENTITIES INVOLVED IN THE AFFORDABLE AND ATTAINABLE HOUSING ARENA. SO WE MEET QUARTERLY. AND ONE OF THE GOALS OF THE GROUP WAS TO ORGANIZE A SUMMIT ON ATTAINABLE HOUSING. AND OUR WE'RE MOVING FORWARD WITH THAT. THE DATE DETAILS ARE IN PROCESS AND LINEUP OF PRESENTATIONS AND ALL, BUT THE DATE WILL BE APRIL 13TH AT THE COMMUNITY. THE MISD COMMUNITY CENTER FROM 8 TO 1. SO JUST KEEP THAT ON YOUR RADAR. AND THEN WE HAVE TWO OTHER BIRTHDAYS COMING UP IN NOVEMBER. OUR NEWLY ELECTED CHAIRMAN, MR. FULLER. HAPPY EARLY BIRTHDAY AND JOY. HAPPY EARLY BIRTHDAY TO YOU. WE HAVE CUPCAKES AND OTHER GOODIES IN THE BACK TO HELP CELEBRATE. SO $10,000 JOY, WHAT DID YOU GET? ONE 10,001 NO, THANK YOU GUYS VERY MUCH. THAT'S VERY SWEET. I'LL READ THIS CARD WHEN I GET BACK. ALL RIGHT. I'LL MAKE A MOTION. WE ADJOURN. I SECOND. ALL IN FAVOR? AYE. WE ARE ADJOURNED.
* This transcript was compiled from uncorrected Closed Captioning.