[00:00:02] WE'RE GOOD. GOOD. YEP. SIGN THAT THEN. YEAH. LATER. I HEREBY CALL THE REINVESTMENT [CALL TO ORDER] ZONE NUMBER ONE MEETING TO ORDER. IT IS TUESDAY, MARCH 3RD, 2026. WE ARE LOCATED AT MCKINNEY CITY HALL, COUNCIL CHAMBERS, 401 EAST VIRGINIA STREET, MCKINNEY, TEXAS. FIRST ITEM IS PUBLIC COMMENTS ON AGENDA ITEMS. IF THERE'S ANYBODY THAT WOULD LIKE TO SPEAK, PLEASE COME TO THE PODIUM. HAVING NONE. WE'LL MOVE ON TO OUR REGULAR AGENDA AND [Minutes of the Tax Increment Reinvestment Zone Number One (TIRZ1) Board Meeting of December 16, 2025] PUBLIC HEARING ITEMS. FIRST ITEM IS 20 6-015 EIGHT MINUTES OF THE TAX INCREMENT REINVESTMENT ZONE. NUMBER ONE BOARD MEETING OF DECEMBER 16TH, 2025. I'LL MAKE A MOTION THAT WE APPROVE THE MINUTES. I WILL SECOND THAT MOTION. I HAVE A MOTION BY COUNCILWOMAN FELTUS, SECONDED BY COUNCILMAN CLAUDIA. PLEASE CAST YOUR VOTES. THAT ITEM HAS PASSED. NEXT ITEM IS [TIRZ1 Program Administration Overview] 20 6-0159 TOURS ONE PROGRAM ADMINISTRATION. OVERVIEW. ALL RIGHT. GOOD EVENING, BOARD MEMBERS. MY NAME IS KASEY BUMGARNER. AND TONIGHT MYSELF FROM PLANNING, BARRY SHELTON FROM THE CITY MANAGER'S OFFICE AND MARK HOLLOWAY FROM FINANCE WILL BE GIVING A BRIEF PRESENTATION ON THE TOURS PROGRAM ADMINISTRATION. SO I'M GOING TO START THE PRESENTATION EXPLAINING THE BASIC PARAMETERS OF THE TOURS PROGRAM. THEN YOU'RE GOING TO HEAR FROM BARRY ABOUT THESE ESTABLISHED PRIORITIES THAT HAVE EITHER BEEN DISCUSSED OR APPROVED BY TOURS OR THE CITY COUNCIL. AFTER THAT, MARK'S GOING TO COME UP AND DISCUSS THE MORE IN DEPTH FINANCE SIDE OF TOURS, AND THEN I'LL BE BACK TO WRAP IT UP. SO JUST KIND OF STEPPING BACK TO GIVE A BROAD OVERVIEW. TOURS ONE WAS ESTABLISHED IN 2010, AND IT CONSISTS OF 947 ACRES THAT ARE LOCATED IN AND AROUND THE HISTORIC TOWN CENTER OF MCKINNEY AND ALONG STATE HIGHWAY FIVE. YOU CAN SEE THAT IN THE MAP ON THE PURPLE ON THE LEFT HAND SIDE. THE INTENTION OF TOURS IS TO CREATE KIND OF A BUCKET OF FUNDING SPECIFICALLY TO REINVEST BACK INTO THE TOURS AREA, BOTH SUPPORTING INVESTMENT AND DEVELOPMENT AND REDEVELOPMENT. THERE ARE TWO MAIN DOCUMENTS THAT WE REFERENCE FREQUENTLY, FREQUENTLY IN CONJUNCTION WITH TOURS, WHICH ARE THE PROJECT PLAN, WHICH YOU'LL SEE THE COVER OF IN THE MIDDLE, AND THEN THE ADMINISTRATION POLICY AND GUIDELINES. THE PROJECT PLAN GIVES MORE OF THE OVERALL FRAMEWORK FOR TOURS. IT GIVES YOU THAT KIND OF IN-DEPTH EXPLANATION OF THE PROJECT TYPES, ELIGIBLE EXPENDITURES, AND AN OVERVIEW OF THE PROGRAM. HOLISTICALLY. THE POLICY AND GUIDELINES DOCUMENT IS MORE OF A NITTY GRITTY DETAILS DOCUMENT. IT'S ABOUT THE FUNDING PORTION OF TOURS. FOR EXAMPLE, IT'S GOING TO GIVE YOU DETAILS ABOUT MERITORIOUS EXCEPTIONS, MATCHES THAT ARE REQUIRED FOR CERTAIN CATEGORIES, AND FUNDING CAPS. SO TOURS IS MEANT TO COVER FIVE KIND OF BROAD TYPES OF PROJECTS. THERE'S THE CATALYST CATEGORY VACANT UNDERUTILIZED SITES, MIXED INCOME AND AFFORDABLE HOUSING INNOVATION, PILOT SITES AND DISTRICT ENHANCEMENT. NOW, LIKE I SAID, ALL OF THESE HAVE IN-DEPTH EXPLANATIONS FOUND IN THE PROJECT PLAN, SO I'M NOT GOING TO SPEND A LOT OF TIME ON ALL OF THEM. HOWEVER, I DO WANT TO HIGHLIGHT TWO OF OUR MOST USED CATEGORIES. THOSE TWO THAT I'D LIKE TO GO OVER ARE CATALYST PROJECT, AS WELL AS VACANT AND UNDERUTILIZED. A CATALYST PROJECT IS NOT JUST A PROJECT WITH A LARGE BUDGET. A CATALYST PROJECT MUST CREATE A NOTEWORTHY MIXED USE RESIDENTIAL OR CIVIC SPACE THAT HAS DIRECT COMMUNITY BENEFIT, A MAJOR EMPLOYMENT CENTER, OR AN EVENT, OR AN ENTERTAINMENT DESTINATION THAT SERVES AS AN ICONIC OR SIGNATURE DEVELOPMENT WITHIN OUR COMMUNITY. ADDITIONALLY, A CATALYST PROJECT MUST GENERATE AD VALOREM OR SALES TAX. THEN THE ONE THAT YOU MORE COMMONLY SEE BEFORE YOU ARE VACANT AND UNDERUTILIZED SITES. THESE PROJECTS ARE MEANT FOR INCREMENTAL REDEVELOPMENT AND ARE FREQUENTLY SEEN IN OUR DOWNTOWN AREA. NOW, ALONG WITH PROJECT TYPES, THERE ARE ALSO TOURS ELIGIBLE EXPENDITURES. SO AFTER STAFF EVALUATES EACH OF THESE PROJECTS TO FIGURE OUT WHICH PROJECT TYPE THEY ARE, THEN WE GO INTO FURTHER GO INTO FURTHER DETAIL, LOOKING TO SEE WHICH OF THE TOURS ELIGIBLE EXPENDITURES THEY'VE DONE. ALL OF THE COSTS THAT TOURS COVERS SHOULD FIT WITHIN THESE ELIGIBLE EXPENDITURE CATEGORIES. IN OUR STAFF REPORTS, YOU'LL SEE WHERE WE BREAK THOSE DOWN. [00:05:02] AND OF NOTE OUT OF THIS, WE'LL TARGETED ECONOMIC DEVELOPMENT COSTS ARE ONLY ASSOCIATED WITH CATALYST PROJECTS, INNOVATION AND PILOT PROJECTS, AND DISTRICT ENHANCEMENTS. THE OTHER ONES ARE FOR ALL OF THEM. AND THEN BRIEFLY, LIKE I SAID, MARK IS GOING TO COME UP AND TALK A LITTLE BIT MORE ABOUT FINANCE. BUT I DID WANT TO TOUCH ON THIS JUST KIND OF LIKE FROM A STAFF PERSPECTIVE. OF THE TOURS ELIGIBLE EXPENDITURES, EACH OF THOSE EXPENDITURE CATEGORIES HAS ADDITIONAL INFORMATION IN THE POLICY AND GUIDELINES DOCUMENT ABOUT THE ALLOCATION OF FUNDING. SO THE STAFF RECOMMENDATIONS, WHICH YOU NORMALLY SEE KIND OF LIKE ON THE RIGHT HAND SIDE OF THIS SLIDE, WE ALWAYS GIVE THIS FOR OUR VACANT UNDERUTILIZED PROJECTS. FOR EXAMPLE, FUNDING FOR ENVIRONMENTAL REMEDIATION IS GENERALLY LIMITED TO 50,000 PER QUALIFYING PROJECT WITHOUT A MATCH. BUT SOMETHING LIKE CRITICAL MAINTENANCE PROJECTS ARE LIMITED TO 100,000 ON A 50 OVER 50 MATCH BASIS, UP TO 100,000 MATCHED. SO YOU KIND OF SEE THAT BREAKDOWN AND WE GIVE THAT IN A STAFF REPORT AS WELL AS IN THE STAFF PRESENTATION. SOMETHING ELSE I WANT TO TOUCH ON BRIEFLY IS AT THE END OF THE POLICIES AND GUIDELINES DOCUMENT. THE BOARD DOES RETAIN FULL AUTHORITY TO GIVE MERITORIOUS EXCEPTIONS TO EXCEED THE NORMAL FUNDING REQUIREMENTS. AS A GUIDELINE, THOUGH, THE THE DOCUMENT SUGGESTS ONLY AWARDING UP TO 200,000 ON A 50 OVER 50 MATCH BASIS. AGAIN, MARK IS GOING TO DISCUSS LATER HOW FUNDING CAPS AND MERITORIOUS EXCEPTIONS RELATE TO THE OVERALL FINANCE SIDE OF TOURS. BUT RIGHT NOW I'M JUST GOING TO PASS IT ON OVER TO BARRY, WHO WILL BE DISCUSSING THE TOURS PRIORITIES. GOOD AFTERNOON. SO ONE OF THE KEY THINGS WE WANTED TO ACCOMPLISH TONIGHT WAS REALLY TO LOOK AT SOME OF THE ONGOING AND UPCOMING PROJECTS THAT THE TOURS HAS BEEN ASKED TO TAKE ON. THE REASON WE DO THAT IS BECAUSE AS YOU'RE MAKING DECISIONS ON APPLICATIONS THAT COME BEFORE YOU, EITHER FROM THE PRIVATE SECTOR OR FROM CITY DEPARTMENTS WHO ARE LOOKING TO COMPLETE PROJECTS WITHIN THE TOURS AREA, OR EVEN ECONOMIC DEVELOPMENT PROJECTS. YOU SHOULDN'T HAVE TO MAKE THOSE DECISIONS IN A VACUUM. WE WANT TO UNDERSTAND WHAT ALL OF THE OBLIGATIONS ARE OR POTENTIAL OBLIGATIONS ARE SO THAT YOU CAN MAKE A DECISION. KNOWING THE IMPACT OF THAT DECISION ON FUTURE PROJECTS OR UPCOMING OR PLANNED PROJECTS. SO WE'VE LISTED A HANDFUL OF THE LARGER PRIORITIES OF THE TOURS THAT HAVE BEEN GIVEN TO US ON THE STAFF LEVEL. JUST A COUPLE OF YEARS BACK, WE THOSE ARE. IT'S NOW A $400,000 ANNUAL ALLOCATION TOWARDS THOSE PROJECTS. AND AS KATHY MENTIONED, THOSE PROJECTS, DEPENDING ON THE TYPE, THEY HAVE DIFFERENT MATCH LEVELS AND DIFFERENT CAPS FOR THEM. BUT OFTENTIMES THE MERITORIOUS EXCEPTIONS ARE COMING BEFORE YOU WITH REQUESTS THAT ARE IN EXCESS OF WHAT THOSE PREFERRED CAPS ARE. AND YOU'RE BEING ASKED TO MAKE A DECISION, MAYBE NOT UNDERSTANDING AT THE MOMENT EVERYTHING THAT'S COMING DOWN THE PIPE IN THE NEXT COUPLE MEETINGS BECAUSE IT HASN'T COME BEFORE YOU YET. SO JUST TALKING ABOUT SOME OF THE PRIORITIES AS WE SEE THEM TODAY. THE FIRST ONE HERE IS APPROVED PROJECTS THAT ARE ALREADY ENCUMBERED. WE HAVE THE FIRE SUPPRESSION PROJECT. BACK IN DECEMBER, THE BOARD APPROVED $460,000 FOR THE DESIGN PHASE OF THAT STUDY. THE DESIGN PHASE IS ABOUT TO KICK OFF MARCH 23RD. WE'RE HAVING A SERIES OF PUBLIC MEETINGS TO INFORM DOWNTOWN, STARTING, I BELIEVE, THIS WEEK WITH TWO MEETINGS THE FOLLOWING TWO WEEKS. BUT THE LIDAR SCANNING WILL BEGIN IN EARNEST ON THE 23RD OF THIS MONTH. SO ONCE WE DO THAT, WE HAVE THE DESIGNS IN PLACE OVER THE COURSE OF THIS YEAR, WE'RE GOING TO COME BACK BEFORE THE BOARD AND WE'RE GOING TO SAY, HEY, WE NOW HAVE DESIGNS, WE WOULD LIKE TO MOVE TOWARDS CONSTRUCTION. WE DON'T HAVE GOOD NUMBERS FOR THOSE CONSTRUCTION PROJECTS YET BECAUSE WE DON'T HAVE THE THE DESIGN COMPLETED. BUT AS A PLACEHOLDER, WE'RE TALKING POSSIBLY 4 TO $500,000 PER BLOCK. SO AS YOU'RE LOOKING THROUGH PRIORITIES COMING DOWN THE PIPE, THAT'S THAT'S A BIG OBLIGATION. DOESN'T MEAN WE HAVE TO DO THEM ALL AT ONCE. AND IN FACT, WE PROBABLY WOULD NEVER CHOOSE TO DO THEM ALL AT ONCE. SO IT COULD BE STRETCHED OUT OVER A YEAR, TWO YEARS, FIVE YEARS, WHATEVER THE BOARD AND CITY COUNCIL SEE FIT. BUT THAT IS AN OBLIGATION THAT WE'D LIKE TO BE ABLE TO FUND COMING FORWARD. THE STATE HIGHWAY FIVE STUDY. ALSO IN DECEMBER, THE BOARD APPROVED A AN AMOUNT OF 300,000 FOR THE STATE HIGHWAY FIVE SMALL AREA PLAN TO HELP US PLAN STREETSCAPE AND DEVELOPMENT PATTERNS ALONG THAT CORRIDOR. AND THEN, OF COURSE, WE HAVE THE VENUE OR SUNSET AMPHITHEATER PROJECT. SO THIS IS AN ECONOMIC DEVELOPMENT PROJECT, A LARGE CATALYST PROJECT THAT HAS BEEN GRANTED $3 MILLION PER YEAR FOR SIX YEARS NOW. THIS IS A UNIQUE PROJECT BECAUSE NOT ONLY IS IT ASKING FOR FUNDING FROM THE TOURS, IT'S GOING TO BE A LARGE REVENUE SOURCE FOR THE TOURS GOING FORWARD. SO ROUGHLY WHAT [00:10:01] YOU'RE LOOKING AT IS A LARGE PROJECT THAT BRINGS ADDITIONAL AD VALOREM TAXES AND SALES TAXES TO THE TOURS, BUT THEN PULLS THOSE RIGHT BACK OUT IN THE INCENTIVE PROGRAM. HOPEFULLY IT'S A GOOD BALANCE, BUT IT'S SOMETHING WE NEED TO BE AWARE OF AS WE'RE MAKING DECISIONS. THERE'S THE NEXT SLIDE ANTICIPATED PROJECTS. SO TONIGHT YOU'RE GOING TO SEE AN ITEM RIGHT AFTER THIS AGENDA ITEM WHERE YOU'LL BE ASKED TO FUND $411,500 IN A REQUEST FOR A SCHEMATIC DESIGN PHASE FOR A DOWNTOWN PARKING STRUCTURE ON KENTUCKY AND HUNT. AND SO THAT THAT COMES WITH, OF COURSE, THE IMMEDIATE PRICE TAG OF THE $400,000. BUT ALSO WE'RE LOOKING AND ONCE THAT'S DESIGNED TO MOVE FORWARD TOWARDS CONSTRUCTION FOR THE MUCH NEEDED GARAGE DOWNTOWN, AND WE'RE ESTIMATING SOMEWHERE BETWEEN 17 AND $20 MILLION FOR THAT CONSTRUCTION. SO SOMETHING TO KEEP IN MIND WHILE YOU'LL SEE LARGE FUND BALANCES TODAY WHEN WE START A LOT OF THESE PROJECTS, THOSE FUND BALANCES START TO TO GET SPENT VERY QUICKLY. WE'RE ALSO WORKING ON DOWNTOWN PARKING TECHNOLOGY. SO EVERYTHING FROM CAMERAS OR THE PUCKS THAT DETERMINE OCCUPANCY OF SPACES DOWNTOWN, ALONG WITH SIGNAGE THAT WOULD ALERT OUR CUSTOMERS OF WHERE TO FIND AVAILABLE PARKING, WHICH IS A HUGE CHALLENGE FOR DOWNTOWN GETTING PEOPLE TO WHERE THOSE AVAILABLE PARKING SPACES ARE. THAT'S A PROJECT WE'RE CURRENTLY WORKING ON ECONOMIC DEVELOPMENT PROJECTS. THEY COME AS THEY COME. THE NEXT PROJECT COMES IN IN THE TOURS DISTRICT WILL LIKELY MAKE AN ASK OF THIS BOARD AS WELL. REDEVELOPMENT OF THE OLD CITY HALL AND DEVELOPMENT SERVICES BUILDING. SO THOSE ARE SCHEDULED OVER THE NEXT COUPLE MONTHS TO BE DEMOLISHED, AND WE'LL BE LOOKING FORWARD TOWARDS BRINGING FORWARD CONCEPTS FOR A HOTEL, OFFICE BUILDING AND ADDITIONAL USES ON THOSE PROPERTIES THAT WILL VERY LIKELY BE A SIGNIFICANT ASK OF THE BOARD. AND THEN THERE'S THE UNKNOWN PROJECTS OR THE OTHER ONES THAT ARE COMING DOWN. SO THE MEREST MERITORIOUS EXCEPTION REQUESTS THE STATE HIGHWAY FIVE PEDESTRIAN CROSSING AND OPEN SPACE IMPROVEMENTS, AS WE, YOU KNOW, GONE AWAY FROM THE LOWER FIVE PLAZA PLAN. WE STILL WANT TO MAKE VERY SAFE CROSSINGS ON HIGHWAY FIVE. PEDESTRIAN ENVIRONMENT THAT WILL BE CONDUCIVE TO PEOPLE GOING BACK AND FORTH SAFELY, AND THEN POTENTIAL LAND BANKING THAT FACILITATES REDEVELOPMENT MOVING FORWARD. DEPENDING ON WHAT THE THE WISHES OF THE CITY ARE AT THAT TIME. SO JUST TONIGHT IS REALLY AN INTRODUCTION OF ALL OF THESE PRIORITIES. IT'S PROBABLY SOMETHING WE NEED TO FLESH OUT MORE OVER THE COMING MONTHS WITH THE BOARD, SO THAT WE CAN MAKE SURE THAT YOU HAVE ALL THE INFORMATION THAT YOU NEED WHEN YOU'RE FACED WITH DECISIONS ON WHETHER OR NOT TO FUND OR NOT FUND A PROJECT. SO THAT'S MY QUICK PRESENTATION. I'M GOING TO PASS THE MICROPHONE OVER TO MARK HOLLOWAY TO TALK ABOUT. COULD I ASK YOU A QUESTION, PLEASE? YES, SIR. REGARDING THE MUSIC VENUE, WHEN DOES THE 3 MILLION ANNUAL START? I BELIEVE THEY START THE AFTER THE FIRST YEAR WHERE THEY MEET A MINIMUM SHOW. 35. I THINK THEY HAVE TO. THE YEAR AFTER 45 SHOWS THE YEAR AFTER 45 SHOWS. SO IN A YEAR WHERE THEY HAVE 45 SHOWS, THE VERY NEXT YEAR, WE'RE OBLIGATED TO START THOSE $3 MILLION. ANY OTHER QUESTIONS BEFORE I SIT DOWN? ALL RIGHT. THANK YOU. SO JUST TO FOLLOW ON WITH WHAT BARRY WAS TALKING ABOUT, I'VE KIND OF PUT THE PROJECTS UP HERE SO YOU CAN LOOK AT OUR ACTIVE PROJECTS FOR, FOR FISCAL YEAR 26. AS YOU CAN SEE, WE WE ALREADY HAVE SIGNIFICANT COMMITMENTS IN PLACE BOTH ANNUAL AND THEN JUST ONE TIME INFRASTRUCTURE IMPROVEMENTS ON THE LEFT SIDE. SO YOU KNOW, ANNUAL DOWNTOWN PROJECTS. THAT'S A REGULARLY BUDGETED ITEM 400,000. WE HAVE $9.4 MILLION THIS YEAR FOR THE INFRASTRUCTURE AT VENUE, $460,000 ALSO FOR THE DOWNTOWN FIRE SPRINKLER. AND THEN ALSO, AS BARRY MENTIONED, 300,000 FOR THE HIGHWAY FIVE SMALL AREA PLAN. SO WHEN YOU ADD IN THE POTENTIAL PROJECTS THAT ARE ON THE RIGHT, WHICH WE WERE TALKING ABOUT 18 MILLION, WHICH WAS B 3 MILLION OVER SIX YEARS, PROBABLY STARTING MR. HAUSER'S YOU KNOW, TALKING ABOUT THE AFTER THE 45, I WOULD SAY FISCAL YEAR 28 OR 9 WHEN I, WHEN I THINK THAT WOULD START, THAT'S WHEN I'VE BEEN CASH FLOWING. 29 OKAY. THAT'S THAT'S WHEN WE WERE LOOKING AT STARTING TO CASH FLOW THAT INTO THE THE FUND. THEN THERE'S THE POTENTIAL FOR DOWNTOWN PARKING GARAGE. YOU GOT $18 MILLION. THEY SAID BETWEEN 17 AND 20. I JUST PUT 18 ON THE SLIDE. WHETHER OR NOT THAT'S CASH, WHETHER OR WE ACTUALLY DEBT THAT THAT'S DISCUSSION THAT WE'LL, WE'LL HAVE BECAUSE AND THEN THEN BARRY ALSO MENTIONED THE CONTINUATION OF THE DOWNTOWN FIRE SPRINKLER PROGRAM. [00:15:06] THAT'S 4 MILLION THAT I'VE ALSO SET ASIDE HERE ON ON THE POTENTIAL PROJECTS. SO KIND OF TO UNDERSTAND WHAT ALL THAT MEANS IN, IN CONTEXT. LET ME GO TO THE NEXT SLIDE. WE'LL TALK ABOUT THE FINANCIAL POSITION AT THE END OF FISCAL YEAR 26, THE THE FISCAL YEAR THAT WE'RE CURRENTLY IN, PROJECT THE FUND BALANCE TO BE ABOUT $24.2 MILLION. NOW, 3.2 MILLION OF THAT IS RESTRICTED. THAT IS COUNTY. THE COUNTY CONTRIBUTION IS RESTRICTED TO TRANSPORTATION PROJECTS. SO WE HAVE BEEN MAINTAINING THAT AS RESTRICTED FUND BALANCE SINCE THE SINCE THE BEGINNING OF THE FUND IN 2012. SO WE'VE BEEN MAINTAINING THAT NUMBER AS WE'VE MOVED FORWARD. WE HAVE NOT USED THOSE FUNDS. BUT SO THAT WOULD LEAVE YOU WITH, YOU KNOW, SOMEWHERE AROUND $21 MILLION IN USABLE FUND BALANCE. WE DO HAVE $1 MILLION OF ANNUAL DEBT SERVICE. WE WE DID DO A NOTE FOR WHEN WE BUILT THIS BUILDING. TOURS CONTRIBUTED TO THAT. I WILL SAY THAT WHEN WE'RE TALKING ABOUT DEBT FOR TOURS, THAT WAS A FAIRLY TOUGH PROCESS TO TO DEBT THE TOURS. SO WE WERE ABLE TO GET IT DONE CLEARLY. AND BUT IT WAS IT WAS A FAIRLY DIFFICULT DEBT ISSUANCE FOR US. SOME ARE SOME ARE EASY, SOME ARE HARD. BUT THAT ONE WAS WAS WAS A LITTLE A LITTLE MORE DIFFICULT. SO IT IT'S WHEN YOU LOOK AT THIS I GUESS THE FUND IS ABSOLUTELY HEALTHY. IF WE HAVE MULTIPLE POTENTIAL PROJECTS MOVING FORWARD AT ONCE, AS WE DO, IT STARTS TO EFFECTIVELY COMMIT A LOT OF THE AVAILABLE CAPACITY, WHETHER IT'S FUND BALANCE OR OR FUTURE REVENUES, AT LEAST FOR THE NEXT SEVERAL YEARS. I THINK WE'RE KIND OF AT THAT POINT, IF THESE ARE THE PROJECTS WE WANT TO MOVE FORWARD WITH. SO THE QUESTION REALLY ISN'T WHETHER WE HAVE THE DOLLARS. IT'S IT'S HOW YOU WANT TO PACE IT AND PRIORITIZE. AND BARRY TALKED ABOUT REALLY PRIORITIZING. AND I THINK THAT WHEN WE ACTUALLY HAVE THAT CONVERSATION, WE'LL HAVE TO TALK ABOUT THE FINANCES AS HAND IN HAND WITH YOUR PRIORITIES. BUT FOR NOW, I WOULD SAY THAT YOU'VE, YOU'VE, YOU'VE YOU'RE REACHING YOUR CAPACITY. IF THESE ARE THE PROJECTS THAT YOU WANT TO MOVE FORWARD. AND THAT'S THAT'S THE END OF MY PART. I'D BE HAPPY TO TAKE ANY QUESTIONS OR GIVE IT BACK. OVER TO CASSIE. THANK YOU MARK. THANK YOU MARK. WE'LL MOVE ON TO ITEM. OH SORRY. I JUST BRIEFLY WAS GOING TO FINISH THE PRESENTATION. JUST LET YOU ALL KNOW THAT WE ARE GOING TO COME BACK WITH AN UPDATE TO THE PROJECT PLAN AND POLICY DOCUMENTS, JUST TO KIND OF DO SOME ADMINISTRATIVE CLEANUP AND HOPING TO STREAMLINE STAFF REPORTS ACROSS DIFFERENT PROJECT TYPES. BUT THANK YOU FOR LISTENING AND WE'LL STAND FOR ANY ADDITIONAL QUESTIONS. THANK YOU. CASSIE, ANY ANY QUESTIONS FOR CASSIE ANYBODY? THANK YOU CASSIE. NOW WE'LL MOVE ON TO ITEM 26-0160. [Consider/Discuss/Act on TIRZ 1 Funding for the Downtown Parking Structure and City Park Relocation Project (FC2634)] CONSIDER, DISCUSS ACT ON TOURS ONE FUNDING FOR THE DOWNTOWN PARKING STRUCTURE AND CITY PARK RELOCATION PROJECT. FC 2634. GOOD EVENING. I'M PATRICIA JACKSON, THE FACILITIES CONSTRUCTION MANAGER FOR THE CITY OF MCKINNEY, AND WANTED TO BE HERE TO GIVE YOU A LITTLE BIT OF BACKGROUND INFORMATION ON WHAT WE'RE DOING AT THIS POINT IN TIME. WE WENT OUT FOR AN RFQ PROCESS TO SELECT, AND WE GOT TEN RESPONSES FOR THAT. ARCHITECTURAL ENGINEERING FIRMS TO COME IN AND DO SCHEMATICS ONLY IS WHAT WE'RE LOOKING AT FOR NOW. SO THIS IS NOT COMMITTING THE ENTIRE BUDGET FOR THE FOR THE CONSTRUCTION AT THIS POINT IN TIME. THIS IS ONLY FOR THE SCHEMATIC DESIGN TO GIVE YOU THE OPTIONS, THE IMPLICATIONS OF THOSE OPTIONS. IF YOU DECIDE TO MOVE FORWARD WITH THIS PROJECT AND LOOKING AT SOME DIFFERENT CONCEPTS. SO FISHBECK IS THE ARCHITECTURAL ENGINEERING FIRM. THERE'S A MISNOMER IN THE AGENDA ITEM. IT TALKS ABOUT A DESIGN BUILDER. FISHBECK IS AN ARCHITECTURAL ENGINEERING FIRM, NOT A DESIGN BUILDER. EMPRESS IS AWARE OF THAT AND WE'LL GET THE LANGUAGE CORRECTED TO ACCOMMODATE WHAT THEY ACTUALLY ARE IN TERMS OF A PROFESSIONAL SERVICES FIRM, BUT BE HAPPY TO ANSWER ANY QUESTIONS ABOUT THE PROCESS THAT WE WENT THROUGH OR ANYTHING. I THINK MR. HOLLOWAY HAD EXPLAINED SOME ABOUT THE FUNDING, BUT HE'S ALSO HERE TO ANSWER ANY QUESTIONS ON THE FUNDING SIDE OF THAT. BUT THANK YOU FOR DOING THIS, MISS JACKSON. AND I WANT TO MAKE A PUBLIC SERVICE ANNOUNCEMENT. IF Y'ALL ARE IN HERE WAITING FOR THE CITY COUNCIL MEETING, YOU'RE STILL WAITING. THIS IS THE ONE MEETING WHICH IS AROUND DOWNTOWN. WHEN THIS WAS ON THE AGENDA, I HAD TWO CONCERNS COME FROM CONSTITUENTS THAT REALLY DID RESONATE WITH ME. NUMBER ONE, IN THE DESIGN, TO THE EXTENT THEY CAN INCORPORATE ANY KIND OF MODERN DESIGN WORK THAT [00:20:05] WOULD HELP MITIGATE VAGRANCY. INSIDE THE GARAGE. WE'VE HAD SOME VAGRANCY PROBLEMS INSIDE THE CHESTNUT STREET GARAGE, AND IF THERE'S ANY ANYTHING ON THE DESIGN END THAT CAN HELP US WITH THAT, WE'D LOVE TO SEE THAT. SECONDLY, THERE IS, I THINK, MAYBE A DECENT CHANCE THAT WE MAY BE MONETIZING THIS GARAGE IN SOME WAY. AND IS THERE ANY DESIGN WORK THAT HELPS WITH INGRESS EGRESS? IF WE DO MAKE PEOPLE PAY TO USE AN APP TO GET IN THERE? AND SO THOSE ARE SOME THINGS THAT I'D BE INTERESTED IN, IN ADDITION TO THE SIZE AND SCOPE, WHICH I'M SURE THEY'RE ALREADY AWARE OF. RIGHT. ALL OF THOSE THINGS ARE POSSIBLE. THE WAY THAT WE WROTE THE RFQ WAS A PARKING STRUCTURE FROM 300 TO 600 PARKING SPACES. WE'RE GOING TO DO IN THE CONCEPTUAL STAGE OF THE SCHEMATIC DESIGN, LOOK AT INGRESS EGRESS. WE WILL TALK ABOUT THE TECHNOLOGY ASSOCIATED WITH THAT, WHETHER IT'S A PAID FOR PARKING OR JUST, HEY, WHAT'S AVAILABLE IN DOWNTOWN MCKINNEY. THOSE KINDS OF THINGS WILL ALL BE PART OF THIS PROCESS. THIS FIRST PHASE OF THE PROJECT. LOOKING AT SOME, I'M SORRY, SCHEMATIC DESIGNS AND LOOKING AT THE RELOCATION OF THE CENTRAL PARK THAT IS ON THAT SAME PROJECT SITE. GREAT. THANK YOU MA'AM. ONE OTHER THING. I JUST WANT TO MAKE SURE AND I'M SURE YOU GUYS HAVE THOUGHT ABOUT THIS ALREADY, BUT JUST MAKING SURE THAT WE INTEGRATE WHATEVER HARDWARE WE NEED FOR PARKING ASSISTANCE AS WE'RE TRYING TO, YOU KNOW, PROVIDE MORE WAYFINDING TO ADDITIONAL PARKING SPACES, WHATEVER THAT TECHNOLOGY IS, WHETHER IT'S THE LITTLE PUCKS OR CAMERAS OR, OR WHATEVER, THAT IT'S INCLUDED IN THE DESIGN PROCESS. YES, MA'AM. WE WILL LOOK AT THAT. THE WE ARE FORTUNATE THAT THE DESIGN TEAM THAT WE SELECTED FOR THIS PROCESS IS A RENOWNED PARKING STRUCTURE DESIGN FIRM, ARCHITECTURAL ENGINEERING FIRM, AND THEY HAVE SHOWED US MANY DIFFERENT OPTIONS OF OF TECHNOLOGY TO BE INCLUDED. AND THOSE ARE ALL THE THINGS THAT WE'LL LOOK AT. WE'LL PRESENT TO YOU, YOU KNOW, WHAT WE HAVE IN TERMS OF MULTIPLE SCHEMES FOR THIS PROJECT. GET YOUR INPUT ON THAT, DECIDE HOW YOU WANT TO MOVE FORWARD. IF YOU DO. AND THEN WE'LL LOOK AT WHAT THOSE OPTIONS, THE COST OF THOSE OPTIONS AND THE IMPLICATIONS OF THOSE. OKAY. THANK YOU, MISS JACKSON. THIS IS NOT REALLY A QUESTION FOR YOU. IT'S JUST KIND OF A COMMENT ABOUT OUR PROCESS IN THIS. BUT WHEN WE HAD TALKED ABOUT THE REDEVELOPMENT OF DOWNTOWN, THIS WAS LARGELY GOING TO BE TO SERVICE THE HOTEL THAT'S NEXT DOOR WITHOUT ANY KNOWLEDGE OF THE PROGRAMING OF THAT HOTEL OR HAVING MOVING FORWARD WITH THAT. HOW DO WE CREATE FLEXIBLE PLANS THAT WOULD ACCOMMODATE A VARIED NEED, SO TO SPEAK, AND THE DELIVERY OF THAT? AND THAT'S NOT WHAT WE'RE TALKING ABOUT HERE, BUT THE DELIVERY OF THAT WHERE WE PUT A PARKING GARAGE ONLINE AND THEN POTENTIALLY DEDICATE IT TO SOME FUTURE USE, OR A BIG PORTION OF IT TO SOME FUTURE USE. I DON'T UNDERSTAND WHY WE'RE WHY WE'RE TIMING IT THIS WAY. AND I EXPRESSED THAT TO MR. GRIMES, BUT IS THERE ANY I DON'T KNOW IF MR. QUINN WANTS TO ANSWER THAT MORE THAN YOU DO, BUT THAT'S NOT REALLY A DESIGN ELEMENT. BUT WE WILL LOOK AT ALL OF THE OPTIONS THERE FOR THAT AND PERHAPS LOOK AT SOMETHING THAT IS AN EXPANDABLE PROJECT AS WELL. SO BUT MR. QUINN, SO A COUPLE OF THINGS. AND AS WE TALKED ABOUT THE DOWNTOWN REDEVELOPMENT MONTHS AND MONTHS AGO, I PROBABLY DIDN'T STRESS ENOUGH. BUT IN THE TOWN CENTER STUDY MASTER PLAN, IT ANTICIPATED THAT IF WE CONTINUE TO GROW DOWNTOWN AS WE HAD PLANNED IN 2008 WHEN THAT STUDY WAS ADOPTED, WE ESTIMATED AND DON'T PLEASE DON'T LATCH ON TO THE NUMBERS. I'M GOING FROM MEMORY FROM 15 YEARS AGO, BUT I WANT TO SAY THE NUMBER WAS WE NEEDED ANOTHER 2500 PARKING SPACES. SO REGARDLESS OF WHEN THE HOTEL IS BUILT, IF A HOTEL GETS BUILT, WE STILL HAVE A NEED AND NOT KNOWING THE PROGRAMING, THE USE THE LEASE AGREEMENT THAT WE MAY HAVE WITH A FUTURE DEVELOPMENT, WE STILL NEED THE PARKING AND THAT WOULD BE MY ATTEMPT TO ADDRESS THAT COMMENT. DO YOU DO YOU FEEL LIKE DELIVERING THAT PARKING IN, LET'S SAY, AN 18 MONTH PROCESS OF DESIGN AND BUILD WHEN WE HAVE MORE PARKING ON THE NORTH SIDE THAN WE'VE EVER HAD, IS WHERE WE SHOULD RUSH TO WHEN WE DON'T KNOW HOW THAT ALIGNS WITH OUR PROGRAMING. IT'S FAIR CONCERN. IT'S A BIG CONCERN FOR ME BECAUSE WE'RE GOING TO DELIVER A PARKING GARAGE AND THEN WE I MEAN, WE'RE JUST GUESSING WHETHER OR NOT WE GET THE CAPACITY RIGHT WITHOUT KNOWING WHAT OUR USERS ARE. AND I GUESS, YOU KNOW, WITH A LITTLE BIT OF THE DEMAND RIGHT NOW, BECAUSE WE'RE GOING TO HAVE TWO CONSTRUCTION SITES, BUT ALSO WE DON'T HAVE THE TRAFFIC THAT'S MOVING INTO THAT DIRECTION. BUT, YOU KNOW, THIS IS JUST THE DESIGN. THIS ISN'T THE APPROVING OF BUILDING. AND FOR ME, I HEAR WHAT YOU'RE SAYING, BUT AND WE DO HAVE MORE PARKING THAN EVER BACK THERE. BUT WE DO HAVE AN APPETITE. I CERTAINLY HAVE AN APPETITE TO DEVELOP THOSE SPOTS TO GET MORE [00:25:03] DAYTIME FOOT TRAFFIC. AND AND THE DESIGN WILL PROBABLY HELP US WITH THAT. I THAT'S MY COMMENT IS I HAVE NO OPPOSITION TO DESIGN. IF WE WERE TALKING ABOUT CONTRACTING TO BUILD IT RIGHT NOW, THEN THAT'D BE A SEPARATE CONVERSATION. MY ONLY ISSUE IS THAT WE DON'T KNOW WHAT DEMAND WE'RE DESIGNING FOR. WE'RE JUST WE'RE WE'RE KIND OF ASSUMING THAT IT WILL BE SOME NUMBER WILL BE CONSUMED BY A HOTEL PARTNER IN THE FUTURE, BUT WE DON'T KNOW WHAT THAT IS. AND MY RESPONSE TO THAT WOULD BE, WE'RE BUILDING OUT. WE'RE ANTICIPATING THE BUILD OUT OF DOWNTOWN. IT'S LESS RELIANT ON WHETHER A HOTEL GOES NEXT DOOR OR SOMETHING ELSE. WE KNOW THAT IF IT BUILDS OUT AS PLANNED, NOT JUST THE SITE NEXT TO IT OR THE SITE AROUND IT. BUT IF MCKINNEY'S DOWNTOWN CONTINUES TO GROW, WE ANTICIPATE THAT WE'RE GOING TO HAVE TO COME TO THE MARKET WITH ABOUT 2500 PARKING SPACES, AND THIS IS AN ATTEMPT TO GET ANYWHERE FROM 3 TO 600 SPACES. THE QUESTION OF WHETHER OR NOT IT'S THE RIGHT TIME. ULTIMATELY, THE COUNCIL WILL DECIDE WHETHER IT'S THE RIGHT LOCATION, THE RIGHT SIZE DESIGN, ALL THAT TO BE DETERMINED. I THINK ALL OF I THINK THE LOCATION IS RIGHT. I THINK THE THE THING WE'RE DOING WITH THE PARKS, RIGHT. ALL OF THAT. I JUST DON'T WANT TO DELIVER A 400 SPOT. PARKING GARAGE. AND THEN TWO YEARS LATER, BRING A HOTEL THAT SAYS, WE NEED 350 OF THAT. AND WE HAVE A BUNCH OF USERS WHO GOT USED TO USING THAT SITE, WHO ARE ALL OF A SUDDEN SAYING, WELL, WHY DO WE HAVE TO PARK TWO BLOCKS FURTHER OUT? AND IT JUST SEEMS LIKE, I GUESS, MY DISAPPOINTMENT OR MY, MY, MY ISSUE IS NOT THAT THIS IS HERE. I JUST WANT THE HOTEL HERE TO I WANT US TO BE DOING THE RFQ FOR THE HOTEL ALONG WITH THIS, BECAUSE IT MAKES SENSE TO KNOW WHY WE'RE BUILDING IT, WHO WE'RE BUILDING IT FOR, AND TO ENSURE THAT WE HAVE THE CAPACITY FOR IT. AND THAT MY CONCERN IS WE'RE GOING TO SPEND A WHOLE LOT OF DESIGN WORK, AND THEN WE'RE GOING TO GO HAVE TO FIGURE IT OUT AGAIN. ONCE WE FIGURE OUT THE PROGRAMING. I TEND TO AGREE WITH THAT TO A CERTAIN EXTENT. YOU KNOW, WE'RE LOOKING AT OFFICE BUILDINGS, WE'RE LOOKING AT HOTEL. AND I DON'T KNOW THAT WE HAVE A DEFINITE LOCATION FOR WHERE WE WANT TO PUT THE PARKING GARAGE, BECAUSE YOU START LOOKING AT IT AND YOU WANT IT TO BE IN CLOSE PROXIMITY TO BOTH THE OFFICE BUILDING AND THE HOTEL. SO DO YOU MOVE IT TO THE MIDDLE? DO YOU MOVE IT TO A CORNER WHERE IT SERVES BOTH? I MEAN, I DON'T KNOW, I DON'T KNOW. WE KNOW THAT ANSWER YET. SO MISS JACKSON IN IN THE DESIGN. SO WHAT DO YOU ANTICIPATE THE FINISH DATE OF THE DESIGN TO BE? 12 MONTHS. SIX MONTHS? NO, IT WOULD, IT WOULD BE MORE LIKE JUST A FEW MONTHS. OKAY. 4 OR 5, MAYBE SIX TOTAL. AND IT IS OUR INTENTION TO BRING BACK MULTIPLE SCHEMES FOR YOU TO REVIEW. LOOK AT WE CAN EVEN LOOK AT LOCATION IF THAT'S THE DIRECTION OF THE COUNCIL. WHEN WE GET THAT TO THAT POINT, THERE'S LOTS OF DIFFERENT OPTIONS THERE, AND WE CAN LOOK AT THE DESIGN OF A PARKING STRUCTURE IN A EXPANDABLE WAY. ALSO, THOSE ARE LOTS OF DIFFERENT OPTIONS THAT WE CAN WE CAN HAVE. BUT RIGHT NOW WE'RE LOOKING AT JUST THE SCHEMATIC DESIGN OF THIS PARTICULAR FACILITY. AND THAT WAS OUR PARAMETERS GOING FORWARD WAS SOMEWHERE BETWEEN 300 AND 600. TRYING TO GET THE BEST VALUE FOR WHAT WE HAVE AND USING ALL OF THE SPACES THAT WE HAVE DOWNTOWN. LOOKING AT THE NEW REMODEL OF THE OF THE ROY AND HELEN HALL OF THE PLANETARIUM IS GOING TO DRAW MORE PEOPLE TO IT. SO I THINK THAT WE HAVE THE OPPORTUNITY TO LOOK AT A LONG TERM PROJECT FOR THE DOWNTOWN AREA. BUT I CERTAINLY UNDERSTAND YOUR CONCERNS. THE QUESTION BEFORE US IS, IS APPROVAL OF A $411? YES, SIR. THOUSAND DOLLAR CONTRACT. YES, SIR. DESIGN IT IS. OKAY. THERE'S A COMPANION AGENDA ITEM ON THE CONSENT AGENDA AT THE REGULAR COUNCIL MEETING. AGAIN, YOU SAID THAT DESIGN WILL COME WITH MULTIPLE OPTIONS. WHAT WE'RE PAYING FOR? YEAH, WE WILL COME WITH AT LEAST THREE OPTIONS TO. FOR YOUR CONSIDERATION AND WITH POTENTIAL COST ASSOCIATED WITH THOSE OPTIONS AND THE IMPLICATIONS OF THE DIFFERENT OPTIONS. BECAUSE WHAT I WOULD LIKE TO SEE IS THE WHAT'S THE MOST WHAT'S THE LARGEST AMOUNT OF PARKING SPOTS YOU CAN GET IN THAT SPACE? CONSIDERING HEIGHT REQUIREMENTS? WE'VE DONE A FEW STUDIES ALREADY. IT'S PROBABLY AROUND 600, BUT TO MAINTAIN THE THE VOLUME OF SPACE THAT MAKES SENSE FOR THAT AREA AND ALL OF THAT. BUT THAT'S ONE OF THE THINGS THAT WE'LL GET. WE WERE ABLE TO GET THE DESIGN TEAM THAT WE'VE SELECTED TO GIVE US A FEW IDEAS RIGHT UP FRONT, AND THEY DID A REALLY FINE JOB IN THEIR INTERVIEW OF THAT. SO I THINK WE'RE GOING TO BE ABLE TO BUILD ON THAT MORE GOING FORWARD. BUT HAPPY TO ANSWER ANY OTHER QUESTIONS. BUT CERTAINLY WE ASK FOR YOUR FAVORABLE CONSIDERATION OF THIS ITEM. THANK YOU. ANY MORE [00:30:04] QUESTIONS? THANK YOU, MR. JACKSON. ANY MORE DISCUSSION? NO. I'LL JUST REPEAT, I THINK WE'RE PUTTING THE CART BEFORE THE HORSE ON THIS. I THINK WE HAVE MORE THAN SUFFICIENT PARKING. IF YOU COME DOWN KENTUCKY, WHICH IS THE DIRECTION I COME INTO DOWNTOWN, THERE'S MORE THAN SUFFICIENT PARKING IN THAT AREA RIGHT NOW. AND I WOULD RATHER US RUSH TO GET A HOTEL RFQ OUT AND ALIGN THIS TO MATCH WITH THAT. I DON'T SEE OUR BUILDING THIS AT THE SAME TIME. AS A HOTEL WISE. I THINK AT LEAST WE DESIGNED THIS THING TO GET OUR EYEBALLS ON IT. AND THAT'S WHAT I'M VOTING FOR TONIGHT. MR. CHAIR, I MOVE THAT WE APPROVE THE ITEM. I'LL SECOND. I HAVE A MOTION BY COUNCILMAN, SECONDED BY COUNCILMAN JONES. PLEASE CAST YOUR VOTE. THAT PASSES 6 TO 1. WE DON'T HAVE AN EXECUTIVE SESSION. SO DO I HAVE A MOTION TO ADJOURN? SO MOVED. SECOND, HAVE A MOTION BY MAYOR COX, SECONDED BY COUNCILMAN CLAUDIA. PLEASE CAST YOUR VOTE. * This transcript was compiled from uncorrected Closed Captioning.