[CALL TO ORDER]
          [00:00:05]
          READY? YES, SIR. GOOD MORNING. WELCOME TO THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION MEETING IS TUESDAY, APRIL 21ST, 2026. WE'RE IN THE CITY COUNCIL CHAMBERS AT 401 EAST VIRGINIA STREET IN MCKINNEY, TEXAS, PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551002. QUORUM OF THE CITY COUNCIL MAY BE PRESENT, BUT NO CITY COUNCIL ACTION WILL BE TAKEN. THIS MEETING IS BEING BROADCAST LIVE ON THE CITY'S WEBSITE, AND OUR FIRST ITEM ON THE AGENDA IS PUBLIC COMMENTS ON ANY AGENDA ITEMS, IF THERE ARE ANY WANTING TO ADDRESS THE 
          [26-0337 Update on 2026 McKinney Board & Commission Member Appointments]
BOARD. SEEING NONE, WE'LL GO TO INFORMATION SHARING ITEMS. WE HAVE 26 0337. AN UPDATE ON THE 2026 MCKINNEY BOARD AND COMMISSION APPOINTMENTS. EMPRESS GOOD MORNING. GOOD MORNING, CHAIRMAN MUELLER, DIRECTOR, CLERK, EDC BOARD AND STAFF. MY NAME IS EMPRESS DRAIN. 
          THE CITY SECRETARY, I APPRECIATE THIS MOMENT OF YOUR TIME THIS MORNING. TO TAKE A QUICK UPDATE ON THE BOARDS AND COMMISSIONS PROGRAM AS A REMINDER TO OUR BOARD MEMBERS, AS WELL AS THE EDIFICATION OF OUR GENERAL PUBLIC. EVERY YEAR, THE CITY COUNCIL APPOINTS MEMBERS TO THE VARIOUS BOARDS OF THE CITY, INCLUDING THE EDC. THAT EVENT OCCURS IN AUGUST. SO DURING THIS PERIOD IN THE SPRING AND SUMMER IS AN OPPORTUNITY FOR THOSE INTERESTED IN SERVING IN ANY CAPACITY AS AN APPOINTED MEMBER OF THE CITY TO APPLY AND TO LEARN ABOUT THE PROGRAM. THE DEADLINE TO APPLY IS JUNE 19TH THIS YEAR. IT'S AN ONLINE APPLICATION THAT'S AVAILABLE ON THE CITY'S WEBSITE, AND THAT INFORMATION IS AVAILABLE IN THIS TEXT FILE THAT'S AVAILABLE ON THE AGENDA, AS WELL AS THE CITY'S WEBSITE. THERE ARE APPROXIMATELY 150 MEMBERS OF THE VARIOUS BOARDS OF THE CITY, SO IN ABOUT HALF OF THOSE SEATS WILL BECOME VACANT. THERE'S A LISTING IN THIS PARTICULAR REPORT FOR THE EDC MEMBERS THAT YOU HAVE RECEIVED. AGAIN, THIS IS ALSO AVAILABLE ON THE WEBSITE THAT SHOWS THE REGULAR MEMBERS AND ALTERNATE MEMBERS HISTORY OF SERVICE AND THEIR ELIGIBILITY BY POLICY TO BE REAPPOINTED TO A BOARD. SO AGAIN, IF YOU TAKE A LOOK AT THAT CHART, ANY MEMBER WHO HAS A TERM THAT IS EXPIRING THIS YEAR IN 2026 AND YOU'RE INTERESTED IN REAPPLYING TO THIS BOARD OR TO SERVE ON A DIFFERENT BOARD, PLEASE TAKE A MOMENT TO APPLY ONLINE. IN ADDITION TO THE APPLICATION, THERE IS AN INTERVIEW PERIOD THAT OCCURS IN JULY. THERE WILL BE FOUR DIFFERENT SESSIONS THAT ELIGIBLE APPLICANTS WILL BE INVITED TO PARTICIPATE IN. FOR MEMBERS OF THE BOARD, AS WELL AS MEMBERS OF THE PUBLIC WHO ARE INTERESTED IN SERVING. WE ENCOURAGE PEOPLE TO BECOME FAMILIAR WITH THE OPEN MEETINGS ACT, AS WELL AS THE STATE PUBLIC INFORMATION ACT, AS WELL AS THE CITY'S POLICY ON BOARD SERVICE. WITH THAT, THAT'S ALL THE INFORMATION THAT I HAVE TO SHARE. I WILL STAND FOR ANY QUESTIONS. BUT VERY QUICKLY, IF NO ONE HAS SAID THANK YOU FOR YOUR SERVICE AND INVESTMENT IN THE CITY OF MCKINNEY. THANK YOU ALL FOR THAT AS WE BENEFIT FROM ALL THE THINGS THAT YOU DO. THANK YOU. THANK YOU. AND CHRIS QUESTIONS KNOW YOU GUYS HAVE A GREAT THANK YOU SO MUCH FOR BEING HERE THIS MORNING. ALL 
          [CONSENT ITEMS]
RIGHT. OUR NEXT ITEM. IS 26 033 EIGHT MINUTES OF THE ECONOMIC DEVELOPMENT CORPORATION MEETING OF FEBRUARY 17TH. IF THERE'S NO QUESTIONS OR CHANGES OR COMMENTS, I'LL ENTERTAIN A MOTION. I'LL MAKE THAT MOTION TO APPROVE. SECOND MOTION BY JULIE, SECOND BY DAN. THE IBM SELECTRICS MOVING A LITTLE SLOW THIS MORNING. COME ON DAD, DO DO DO DO DO DO A HAND VOTE. NO HIP MOTION. THEN HIT THE SOMETHING'S GOTTA HIT THE MOTION TO GET IT TO GO. JULIE'S GOT MOTION. THERE YOU GO. MY NAME WAS ON THERE. I HAD YOU DOWN. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. NEXT, WE HAVE BOARD LIAISON UPDATES. MR. GRIMES. CITY. MCKINNEY. GOOD 
          [26-0339 Board and Liaison Updates
	City of McKinney
	Community Development Corporation
	Visit McKinney
	MEDC Committee Updates
	Board Chairman]
MORNING, MR. CHAIR. MADAM, ACTING EXECUTIVE DIRECTOR OR ACTING PRESIDENT, I SHOULD SAY, AND MEMBERS OF THE BOARD. MY NAME IS PAUL GRIMES, CITY MANAGER. A FEW ITEMS TO UPDATE YOU ON THIS WEEK. WE WILL BE HOST TO A DELEGATION FROM THE CITY OF NOVI, MICHIGAN. NOVI, MICHIGAN. THEY. THEY EVERY YEAR HAVE DONE A MAYOR'S EXCHANGE FOR MANY YEARS. IN FACT, EARLIER IN MY CAREER WHEN I WAS IN A FORMER CITY, MY FORMER CITY IN ORLAND PARK, ILLINOIS, WE DID A MAYOR'S EXCHANGE WITH THEM BACK IN AROUND THE EARLY 20 TEENS, AND THEY WILL BE 
          [00:05:03]
COMING TO MCKINNEY. SEVERAL OF THEIR STAFF ARE DOWN HERE NOW FOR A CONFERENCE. SO THEY WILL BE SPENDING ALL DAY WITH US ON THURSDAY. AND WE WILL COMPARE NOTES ORGANIZATIONALLY MANAGEMENT WISE, SOME OF THE POLICY STUFF THAT WE WORK ON, AND IT'D BE A NICE OPPORTUNITY TO HOST. IF YOU HAVE NOTHING TO DO THURSDAY, COME ON BY AND POP YOUR HEAD IN AND SAY HELLO. BUT WE'RE LOOKING FORWARD TO WELCOMING OUR FRIENDS FROM NOVI, MICHIGAN. A COUPLE OF OTHER THINGS TO SHARE WITH YOU THAT I HIGHLIGHTED. IF I FIND IT, WE'VE LAUNCHED A NEW ENGAGE MCKINNEY. IT'S AN ONLINE PLATFORM. IT'S DESIGNED TO INCREASE COMMUNITY PARTICIPATION AND PROVIDE A CENTRAL HUB FOR RESIDENTS TO LEARN ABOUT PROJECTS AND SHARE INPUT. THE FIRST INITIATIVE THAT WE LAUNCHED FOCUSES ON RECYCLING AND WASTE REDUCTION, WITH A SURVEY THAT'S NOW OPEN. THE ANNUAL BUDGET SURVEY WILL LAUNCH ON APRIL 21ST TODAY, AND RESIDENTS CAN ALSO EXPLORE ONGOING PROJECTS, INCLUDING OUR ROAD STOCK. ROY AND HELEN HALL MEMORIAL LIBRARY RENOVATION, THE RENOVATION AND OUR BOND PACKAGE FROM 2024. SO TAKE A LOOK AT ENGAGE MCKINNEY. WE ALSO HAD A VERY SUCCESSFUL AFFORDABLE HOUSING SUMMIT LAST WEEK. WE HAD OUR STAFF ORGANIZED THIS ONE. WE'D HAD ONE BEFORE IN MCKINNEY, WHICH WAS A REGIONAL EFFORT. OUR STAFF ORGANIZED THIS ONE AND HELD IT AT THE ISD STADIUM. WE HAD 300 ATTENDEES AND 27 SPONSORS, SO THEY DID A REALLY GREAT JOB. IF ANY OF YOU HAD A CHANCE TO STOP BY, IT WAS REALLY A WELL, WELL ATTENDED EVENT AND A LOT OF GREAT INFORMATION EXCHANGE. AND THAT'S REALLY THE WHOLE POINT IS TO MAKE SURE THAT THE FOLKS IN THE AFFORDABLE HOUSING COMMUNITY AND THE DEVELOPER COMMUNITY ARE AWARE OF THE TYPES OF TECHNOLOGIES THAT EXIST TO BRING HOUSING, PRODUCT AND WHAT THE BARRIERS MIGHT BE AND WHAT WE CAN TRY TO DO TO OVERCOME SOME OF THOSE BARRIERS. SO GREAT EVENT AND, AND KUDOS TO MARGARET LEE AND HER TEAM FOR ORGANIZING IT. AND I BELIEVE THAT IS ALL I HAVE ONE MORE ITEM. OUR PUBLIC WORKS DEPARTMENT, THIS IS EARTH MONTH AND WE HAVE A COMMUNITY CLEANUP CHALLENGE UNDERWAY. MAYOR COX ISSUED TWO PROCLAMATIONS RECOGNIZING IMPORTANT COMMUNITY ENVIRONMENTAL INITIATIVES. AT OUR FIRST MEETING IN APRIL, OUR FIRST COUNCIL MEETING IN APRIL, APRIL 7TH. WE HAVE ALSO OUR GROWTH SERIES HIGHLIGHT OUR BACKYARD BEEKEEPING OF NORTH TEXAS. IT'S A COMMUNITY ENVIRONMENTAL EDUCATION INITIATIVE LED IN PARTNERSHIP BY OUR OFFICE OF ENVIRONMENTAL SUSTAINABILITY. IF YOU'VE MET SUJATA, SHE IS OUR MANAGER OF ENVIRONMENTAL SUSTAINABILITY. SHE'S A DYNAMO. SO IF YOU EVER GET A CHANCE TO MEET WITH HER, SHE'S GREAT. SHE BRINGS A LOT OF ENERGY INTO OUR ENVIRONMENTAL SUSTAINABILITY FUNCTIONS. AND ANYWAY, THAT IS THAT PROJECT IS A COLLABORATIVE BETWEEN ENVIRONMENTAL SUSTAINABILITY AND OUR MCKINNEY PUBLIC LIBRARY SYSTEM, WITH SUPPORT FROM A NUMBER OF OUR GRASSROOTS ORGANIZATIONS, AND IT OFFERS FREE CLASSES TO INVITE RESIDENTS TO LEARN PRACTICAL SKILLS, ETC. WITH RESPECT TO BEEKEEPING AND MAINTAINING HEALTHY BEES, WHICH IS IMPORTANT AS I'VE LEARNED FOR ALMOST ALL ASPECTS OF OUR FLORA IN LIFE. SO THAT'S WE ALL SUPPORT THE BEES. SO ANYWAY, WITH THAT, I WILL STAND FOR ANY QUESTIONS. DON'T ASK ME TOO MUCH ABOUT BEES BECAUSE I DON'T KNOW THAT MUCH OTHER THAN THEY STINK. I HAVE ONE QUESTION FOR YOU ON YOU SAID THE LIBRARY OVER ON EL DORADO IN BETWEEN THE LIBRARY AND PSA. THERE'S SOME CONSTRUCTION GOING ON OVER THERE. DO YOU KNOW WHAT THEY'RE BUILDING? YES, SIR. THAT'S THE PARKING LOT AND THE CONSTRUCTION. THEY'RE PREPARING FOR THE SOFTBALL FIELDS BEHIND THE JOHN AND JUDY GAY LIBRARY, JUST TO THE SOUTH. AND THAT AREA IS GOING TO BE. SO YOU'RE GOING TO HAVE SOME ADDITIONAL PARKING AND THOSE FIELDS. GOT IT. THANK YOU. I HAD A QUESTION ABOUT ENGAGE MCKINNEY. SO I GOT AN EMAIL FROM THE MEDICI THIS MORNING ABOUT THE RECYCLING. 
          THE RECYCLING? YOU GOT IT FROM THE EDC? YES. OKAY. YEAH. SO I WAS CURIOUS BECAUSE THAT ONE'S ON RECYCLING. IF THERE WERE OTHER TOPICS FOR ENGAGE MCKINNEY THAT WERE ON THE HORIZON, THERE WILL BE, YES. WE'RE GOING TO FILL A NUMBER OF TOPICS. WE JUST LAUNCHED IT. SO WE'RE STARTING OFF WITH THAT. OKAY. YEP. ANY OTHER QUESTIONS? THANK YOU SIR. OKAY. THANKS VERY MUCH. ALL RIGHT. CINDY'S NOT HERE, BUT THE REPORT FOR CDC IS IN THE PACKET. NEXT IS ERIN VISIT MCKINNEY. GOOD MORNING SIR. GOOD MORNING, MR. CHAIR. DIRECTOR CLERK, MEMBERS OF THE BOARD. ALWAYS A PLEASURE TO BE WITH YOU IN THE MORNING. I THINK THIS IS THE FIRST TIME I'VE STOOD BEFORE YOU SINCE WE HOSTED THE HALF MARATHON, AND I DO HAVE SOME FINISHING TIME I FINISHED IN, SO YOU JUST BLOW BY ME SO I WOULDN'T CALL IT A BLOW BY, BUT I. IT WAS UNDER THREE HOURS. YES. YEAH. NO, I HAD A GOOD TIME FOR FIRST TIME. FIRST TIME. YEAH. FIRST TIME HE BEAT US BOTH. YEAH. WELL NO I GOT, I GOT TO HOLD IT TIGHT. YOU KNOW I DON'T. THAT'S ME. 
          [00:10:02]
THERE'S PEOPLE ARE WATCHING THIS. SO THE HALF MARATHON DID HAVE 28 STATES REPRESENTED IN THE RUNNERS WHICH IS PRETTY NEAT. AND FOR COUNTRIES. AND THEIR TOTAL RUNNERS WERE JUST OVER 4100 PARTICIPANTS. SO ALL IN ALL, I THINK THEY EXPECT AROUND 8000 OR SO PEOPLE ENGAGE WITH THAT EVENT BETWEEN, YOU KNOW, RACERS AND FAMILY AND SPECTATORS. AND SO THEY WERE SUPER HAPPY WITH YEAR ONE. AND I HAVE A FEELING THEY'RE GOING TO BE LOOKING AT TRYING TO MAKE THAT AN EVENT THAT THEY CAN DO YEAR OVER YEAR HERE IN MCKINNEY IF THEY CAN, YOU KNOW, GET EVERYTHING TOGETHER AND ALL GOES WELL. BUT THEY WERE SUPER HAPPY WITH THAT. ANDREW'S TEAM'S NOT IN THE ROOM, BUT I DO WANT TO GIVE KUDOS TO THEM. ON ARTS IN BLOOM. IT WAS A WONDERFUL EVENT IN DOWNTOWN TO ME. I FEEL LIKE THAT'S KIND OF THE, THE KICK OFF WHERE WE KIND OF GET BACK OUTSIDE AND, AND GET READY FOR ALL THE NICE WEATHER IN THE SPRING. AND SO I THINK IT'S ALWAYS NICE TO COME DOWNTOWN AND CELEBRATE THAT WITH OUR COMMUNITY AND THEIR TEAM DOES A GREAT JOB. INTERNATIONAL GIRLS CUP WAS A COUPLE WEEKS AGO. THERE WERE 144 TEAMS. WAS THE THE FINAL NUMBER OF TEAMS THAT PARTICIPATED IN THAT. IT DIDN'T HAVE AS BIG OF AN INTERNATIONAL TURNOUT AS PREVIOUS YEARS. AND THERE THERE ARE SOME SOME REASONS, I THINK, THAT TEAMS JUST DIDN'T TRAVEL ACCORDING TO THE FEEDBACK FROM THEM, BUT WE DID HAVE SEVERAL TEAMS FROM MEXICO AND OTHER PLACES. I THINK THERE WAS EVEN A TEAM FROM ALASKA, WHICH IS PRETTY UNIQUE, THAT CAME AND PARTICIPATED IN MCKINNEY. AND THEN FINALLY, THE LAST THING I WILL HAVE TWO TWO MORE QUICK THINGS FOR YOU. THE WORLD CUP IS COMING UP. IT'S COMING UP VERY QUICK. WE'VE BEEN I FEEL LIKE WE'VE BEEN TALKING ABOUT IT HERE IN THE IN MY SPACE AND THE TOURISM SIDE FOR LIKE TWO YEARS AT EVERY CONFERENCE. BUT IT'S ON OUR HEELS NOW. WE'VE BEEN WORKING WITH THE COMMITTEE HERE IN MCKINNEY ON WHAT WE'RE GOING TO DO TO PARTICIPATE AND HOW WE'RE GOING TO ENGAGE THAT EVENT. OBVIOUSLY, WE'RE NOT HOSTING A TEAM OR ANYTHING LIKE THAT, BUT WE DO PROVIDE A REALLY FUN ATMOSPHERE FOR RESIDENTS AND VISITORS AND ANYONE ELSE TO TO GATHER WITH THEIR COMMUNITY AND WATCH MATCHES THAT THEY WANT TO. SO WE HAVE LANDED ON OUR HOME BASE BEING TUFTS BREWERY, THEY'RE WORKING ON A SCALED UP BASICALLY MONTH AND A HALF EVENT, A MONTH AND A HALF LONG EVENT THAT THEY'RE GOING TO BE HOSTING OVER THERE. THEY'RE INSTALLING A TON OF TVS, MORE TVS THAN, THAN THAN THEY HAD PREVIOUSLY, WORKING ON A LARGE SCREEN AS WELL FOR VIEWING OUTSIDE BY THE STAGE. AND SOME OF THEIR PLANS ARE PRETTY PHENOMENAL. SO IN MCKINNEY, YOU CAN'T SAY WORLD CUP IN IN YOUR PROMOTIONS. AND SO WE ARE PROMOTING THE SUMMER OF SOCCER IN MCKINNEY, AND WE'RE GOING TO HAVE ALL OF THAT ON OUR WEBSITE, ON THE VISIT SITE. BUT JUST KNOW THAT TUFTS IS PROBABLY GOING TO BE A PHENOMENAL PLACE TO GATHER WITH FRIENDS AND FAMILY AND WATCH YOUR FAVORITE MATCHES DURING THE WORLD CUP, NO MATTER WHAT TIME THEY COME ON. IF IT'S A 9 P.M. MATCH, THEY'RE PLANNING TO STAY OPEN THE ENTIRE MATCH AND AND DO THE FULL THING SO THEY'RE ALL IN FOR THE WORLD CUP. THE LAST THING I HAVE FOR YOU GUYS IS TONY, OUR SALES MANAGER. HE'S AT SPORTS ETA IN LAS VEGAS RIGHT NOW. SPORTS ETA IS ONE OF THE LARGEST TRADE SHOWS THAT WE THAT WE ATTEND THAT IS SPORTS SPECIFIC. AND HE HAS A NEARLY 41 ON ONE VISITS THAT WERE SCHEDULED WITH HIM PRIOR TO GOING TO THE EVENT. AND PEOPLE THAT ARE INTERESTED IN TALKING TO US ABOUT MCKINNEY. AND SO THE INTEREST IS STRONG, AND WE GET TO KIND OF WORK TO HANDPICK SOME EVENTS NOW, NOW WITH WHERE WE'RE AT IN OUR COMMUNITY AND OUR DEVELOPMENT. AND SO EXCITED TO SEE WHAT HE COMES BACK WITH. THAT'LL STAND FOR ANY QUESTIONS, ANY QUESTIONS? I HAVE A QUESTION. BUT I WILL SAY THIS. I TALKED TO A LOT OF PEOPLE AFTER THE RACE AND THAT WERE INVOLVED WITH THE BMW GROUP, AND THEY WERE REAL EXCITED ABOUT HOW THE RACE WENT. AND YEAH, AND TALKED A LOT ABOUT THIS BECOMING A SIGNATURE EVENT FOR THEM, BECAUSE THEY DON'T REALLY HAVE A SPRING RACE THAT THEY THEY SPONSOR. SO YEAH, WE ALL DID A GREAT JOB. WELL, WE, WE JUST SUPPORTED THEY DID, THEY DID REALLY THE WORK. AND THAT'S ONE OF THE NICE THINGS ABOUT HAVING ORGANIZERS LIKE THEM AND THE COMMUNITY IS THEY KNOW WHAT THEY'RE DOING. THEY DO A GREAT JOB. SO I WILL SAY, I MEAN, IT WAS A AGAIN, THIS MIGHT BE OVER EXAGGERATING, BUT IT WAS A PINNACLE EVENT FROM THE STANDPOINT OF. THIS WAS A EXAMPLE OF WHY THE CAPITAL WAS PUT ON THE EAST SIDE WITH THIS BUILDING AND WITH TOPS, AGAIN, TO BE ABLE TO SHOWCASE AND TO HOST THOSE PEOPLE THAT MANY PEOPLE ON THIS SIDE, THE WARM UPS WHEN THEY'RE IN FRONT OF CITY HALL, IN FRONT OF TOPS, I MEAN, IT WAS IT WAS SUCH A ELECTRIC EVENT. AND THEN I ALSO SAY, YOU KNOW, TO ALL GROUPS WITHIN MCKINNEY, PARKS AND REC SHOWED OFF BECAUSE THE TRAIL AND THE AND THE RACE COURSE WAS FANTASTIC. I HAD PEOPLE FROM OUT OUTSIDE OF MCKINNEY WAS LIKE, I'D BEEN TO MCKINNEY IN A LONG TIME. AND THAT RACE WAS 
          [00:15:03]
ONE OF THE COOLEST EVENTS I'VE GONE TO IN A LONG TIME. SO I MEAN, AGAIN, KUDOS TO THE CITY. 
          MCKINNEY OF ALL GROUPS, WHETHER IT'S DOWNTOWN PARKS AND REC, YOUR GUYS'S, I MEAN, AGAIN, IT WAS DEFINITELY A SHOW OFF. MCKINNEY FOR SURE. HE HAD TO EXPLAIN TO SOME PEOPLE WHEN THEY WERE GOING TO ACTUALLY HIT A HILL VERSUS WHAT THEY THOUGHT WAS A HILL, NO DOUBT. YEAH, YEAH, YOU JUST WAIT. YEAH. LIKE YOU HAVEN'T SEEN IT YET. LIKE WE THOUGHT THIS, WE THOUGHT THIS RACE WAS FLAT. AND I'M LIKE, OH, YOU HAVEN'T HIT VIRGINIA YET. SO. RIGHT. THAT'S SO TRUE. THANK YOU GUYS. THANK YOU. ALL RIGHT. SO WE HAVE COMMITTEE UPDATES MARKETING. 
          YES WE MET. WE HAD A GREAT MEETING. A LOT OF GREAT THINGS GOING ON GETTING READY FOR THE BYRON AND MCKINNEY. MOMENTUM IS BACK. SO PLEASE TUNE IN. OUR OWN TROY BELAY IS INTERVIEWED. 
          DOES A GREAT JOB. SO IF YOU HAVEN'T LISTENED TO IT CHECK IT OUT. OKAY PERFECT. ALL RIGHT. 
          REAL ESTATE REAL ESTATE MET AS WELL. WE HAVE A FEW ITEMS TODAY, AN EXECUTIVE SESSION AND PROBABLY MORE NEXT MONTH. SO OKAY. FINANCE, FINANCE DID NOT MEET SINCE OUR LAST. INNOVATION INNOVATION INNOVATION, INNOVATION, RIGHT. WE MET, WE GOT AN UPDATE ON THE 12 PILLARS AND WHAT'S HAPPENING IN THE INNOVATION SPACE. SO YOU ACTUALLY BE SEEING MORE ABOUT THAT REALLY SOON. OKAY. AND GOVERNMENT GOVERNANCE ALSO MET. AND WE ALL HAVE SOME MATERIALS AND EXECUTIVE SESSION TO GO OVER WITH YOU ALL FROM OUR MEETING. AND SO THAT'S THAT. I 
          [26-0340 Consider/Discuss MEDC Monthly Reports]
DON'T HAVE ANY OTHER COMMENTS, SO WE'LL MOVE ON TO M E D C MONTHLY REPORTS. AND MADAM SUBSTITUTE PRESIDENT, SUBSTITUTE PRESIDENT, I'LL MAKE A FEW REMARKS. CHANTAL TEED US UP REALLY NICELY, ALONG WITH MR. GRIMES ON THE RECYCLING SURVEY THAT WAS SENT OUT TO LOCAL EMPLOYERS, THANKS TO OUR MARKETING TEAM. SO THAT WENT OUT YESTERDAY, THIS MORNING, SO BE ON THE LOOKOUT FOR THAT. PLEASE RESPOND. AND THEN HAPPY TO FILL IN TODAY FOR MR. KOSKI, WHO IS TRAVELING WITH TCDC AND THE GOVERNOR'S OFFICE AND A MISSION ABROAD. SO PLEASED TO BE HERE. AWESOME. AND DO WE HAVE LUKE DOING ANYTHING? LUKE, ARE YOU DOING ANYTHING? ARE YOU DOING ANYTHING? DO SOMETHING. LUKE. COME ON. LUKE. GOOD MORNING, MR. CHAIRMAN. MADAM DIRECTOR, MEMBERS OF THE BOARD. LUKE, OUR MARKETING AND SOCIAL MEDIA MANAGER HERE FOR THE MCKINNEY EDC, GOING TO PRESENT A FEW ITEMS. WANT TO JUST HIGHLIGHT THE IN BLOOM FUNDRAISING LUNCHEON WE ATTENDED LAST WEEK WITH MICHAEL OHER WAS AWESOME AND HE SAID SOMETHING THAT STUCK OUT TO ME. HE TALKED ABOUT PLAYING IN THE NFL AND BEING A COWBOYS FAN AND BEING FOCUSED ON WIN YOUR DIVISION AND GOD BLESS THE COWBOYS. BUT YOU KNOW, THEY'RE FACING THE COMMANDERS, THE GIANTS AND THE EAGLES GO BIRDS IN THEIR DIVISION. AND SO HE TALKED ABOUT YOU WANT TO CHASE A SUPER BOWL. BUT FIRST CAN YOU WIN YOUR DIVISION. AND THAT'S OUR GOAL. WHEN I LOOK AT THE MARKETING OF THE EDC, I WANT TO DO THE BEST THAT WE CAN IN OUR DIVISION IN THE DFW METROPLEX. ARE WE REPRESENTING THE BEST VERSION OF OURSELVES IN OUR DIVISION, IN THIS AREA, IN THIS REGION? AND SO YOU SHOULD HAVE SOME PHYSICAL COLLATERAL ON YOUR DESK THAT REPRESENTS IF WE'LL JUMP TO THE NEXT SLIDE REAL QUICK, AND THEN WE'LL HOP BACK OVER TO THIS ONE. IF Y'ALL DON'T MIND, SHOULD JUST BE THE NEXT PAGE OF THIS, THE NEXT PAGE OF THAT POWERPOINT. THERE, THERE IS A NEW FLAGSHIP PRINT PIECE THAT WE'VE PRODUCED THAT HAS A LOT OF CONTENT REGARDING MCKINNEY DEMOGRAPHICS. THIS IS THE FIRST REALLY NICE PRINT MATERIAL THAT WE'VE PRODUCED IN A LONG TIME. SO WE CAN TAKE THIS TO TRADE SHOWS. SHOWCASE AT EVENTS BROKER'S SITE. SELECTORS ARE STILL ASKING FOR PRINT MATERIAL, AND SO THIS IS SOMETHING WE CAN PUT IN THEIR HANDS THAT REALLY SHOWCASES OUR NEW BRANDING. ADDITIONALLY, OUR COORDINATOR, SHANNON ROBERTS, HAS PUT TOGETHER A FANTASTIC ANNUAL REPORT THAT SHOWCASES THE WINS IN OUR DIVISION THAT TOOK PLACE IN 2025. AND SO YOU CAN PERUSE THAT. THE DIGITAL VERSION OF THAT WILL BE ON OUR SITE AS WELL, WITH SOME INTERACTIVE ELEMENTS. AND THAT'S TWO REALLY, REALLY GOOD PIECES THAT SHOWCASE WHAT WE'VE DONE THIS PAST YEAR AND EVEN FURTHER BACK. SO WITH THAT, I'LL JUMP BACK OVER TO HIGHLIGHT A FEW NUMBERS. OUR WEBSITE VISITS MAINTAIN REALLY STRONG NUMBERS. YOU CAN SEE ON THE DASHBOARD AS WELL. OUR BUYER VISITS, OUR PRESENTATIONS ACROSS THE COMMUNITY, AND THEN OUR NEWSLETTER OPEN RATES STAY STRONG WHEN COMPARED WITH INDUSTRY STANDARDS AS WELL. AND SO WITH THAT, I'LL HAPPILY STAND FOR ANY QUESTIONS. QUESTIONS. GOT ONE COMMENT FOR YOU. KIND OF INTERESTING. SO I WAS OUT IN COLORADO SKIING A FEW WEEKS AGO, VISITING MY SON AND HIS ROOMMATE'S PARENTS WERE THERE AND THEY'RE FROM SILICON VALLEY, AND THEY WERE TALKING ABOUT ALL THE COMPANIES THAT ARE LEAVING SILICON VALLEY FOR TEXAS. AND SO WE HAD A LITTLE CONVERSATION ABOUT IT THAT 
          [00:20:02]
NIGHT. I GOT HOME AND IT POPPED UP ON MY LINKEDIN FROM A YEAR AGO, AN AD WHERE MCKINNEY WAS OBVIOUSLY GOING TO CALIFORNIA TRYING TO GET CALIFORNIA COMPANIES. IT HAD 576 LIKES. 
          AND THE FUNNIEST PART OF IT ALL IS A KID I WENT TO HIGH SCHOOL WITH ACTUALLY MADE A COMMENT ON IT. I DON'T KNOW HOW HE'S EVEN ON IT, BUT HE GOES, I LIVE IN CALIFORNIA. THOSE CLAIMING CALIFORNIA IS FINE ARE LIVING IN DENIAL. WOW. SO YOU'RE IT'S AMAZING BECAUSE WE SEE SOME OF THESE AT THEIR EARLY STAGES, BUT I NEVER SEE THE LIKES. THREE WEEKS, FOUR WEEKS, FIVE WEEKS BEHIND. IT WAS LIKE 576 I THINK WAS THE NUMBER OF LIKES FOR THAT. SO SO WE FOLLOWED YOU TO CALIFORNIA AND TARGETED YOU WHILE YOU WERE THERE. YEAH. OR COLORADO RATHER. YEAH. THAT'S CRAZY. SO YOU MIGHT WANT TO REPOST IN CALIFORNIA, IN NEW YORK. YEAH, EXACTLY. YEAH. 
          THAT'S AMAZING. I LOVE THAT FEEDBACK. THANK YOU. THAT'S I MEAN, THAT'S THE POINT. PEOPLE ARE THROWING THEIR DART AT TEXAS TO RELOCATE THEIR BUSINESS OR THEIR FAMILIES. AND WE WANT TO BE AT THE TOP OF THAT MAP WHEN THEY'RE THROWING. SO AND IF WE FULLY UPDATED THE LOGOS AND STUFF FOR DIGITAL, FOR THE, WHEN YOU'RE, WHEN YOU'RE DOING IT ON THE PHONE, ON THE. SO THAT IT SHOWS UP THERE IN DARK MODE. STRAGGLERS OUT THERE, I FOUND A ACTUALLY, DIRECTOR CLARK AND I WERE TEXTING ABOUT THIS LAST NIGHT THAT THERE WAS A STILL A AD CAMPAIGN RUNNING WITH THE OLD LOGO ON IT. SO WE'VE TAKEN THAT DOWN AND. OKAY, COOL. THERE WILL BE SOME STRAGGLERS AS WE TRANSITION TO THE NEW BRAND. IF YOU SEE ANYTHING, SURELY LET US 
          [26-0341 Consider/Discuss/Act on the February 2026 Financials]
KNOW. AWESOME. YEAH, THANK YOU ALL. THANK YOU. NEXT WE HAVE 26 034 1ST FEBRUARY FINANCIALS CHANCE. MORNING. GOOD MORNING, CHANCELLOR MILLER ASSISTANT FINANCE DIRECTOR. WE ARE GOING OVER THE MONTH OF FEBRUARY. MONTH AND A HALF AGO. ALL RIGHT. INCOME STATEMENT. THOSE ARE PRETTY AVERAGE MONTH FOR THE EDC. WE COLLECTED A LITTLE OVER $3 MILLION IN REVENUE. THE MAJORITY OF THAT COMING FROM SALES TAX REVENUE. WE ALSO HAD A LITTLE BIT OF SALE OF LAND COME IN THIS MONTH AS WELL. IN REGARDS TO EXPENDITURES. OPERATIONAL EXPENSES WAS CLOSE TO 450,000 PROJECT EXPENSES, 75,000. AND THEN NON-DEPARTMENTAL WAS A 556,000, THE MAJORITY OF THAT BEING OUR MONTHLY TRANSFER TO THE INS FUND. I WAS GOING TO TOUCH ON SALES TAX. SO FEBRUARY COLLECTIONS APPLIES TO THE MONTH OF DECEMBER. THIS IS TYPICALLY OUR BIGGEST DOLLAR AMOUNT OF SALES. WE GET. DECEMBER HAS THE MOST SALES ON AN ANNUAL BASIS, AND WE BROKE JUST ABOUT EVEN ON THE MONTH. I WILL SAY A LOT OF THAT WAS PRIOR PERIOD COLLECTIONS THAT HURT US A LITTLE BIT. OUR TRUE PERIOD TO PERIOD INCREASE WAS CLOSE TO 4%, WHICH IS STILL VERY STRONG. BUT, YOU KNOW, WHENEVER WE HAVE PRIOR PERIOD OR AUDIT COLLECTIONS, THEY CAN KIND OF ALTER THAT NET PAYMENT AMOUNT COMPARING YEAR TO YEAR. 
          SO BIG PICTURE, WE HAD A 4% INCREASE ON ACTUAL SALES IN DECEMBER COMPARED TO LAST YEAR. 
          ALLEN HAD THE 83% THAT WAS AUDIT COLLECTIONS. THEIR TRUE PERCENTAGE INCREASE WAS 19%, WHICH IS STILL EXTREMELY STRONG. FRISCO HAD 13% INCREASE. THEIR TRUE INCREASE WAS 8%. PLANO HAD A 7.3% INCREASE. THEY ACTUALLY HAD SOME AUDIT COLLECTIONS THAT HURT. THEIR TRUE INCREASE WAS 10% AS WELL. BIG PICTURE FOR THE MONTH OF DECEMBER, WE ARE TRENDING BEHIND OUR SISTER CITIES AND PERIOD TO PERIOD INCREASE YEAR TO DATE 3.6% OVER LAST YEAR. SO FAR THIS IS FIVE MONTHS NOW. SO NOW WE'RE STARTING TO GET WHERE YEAR TO DATE VARIANCES MEAN A LITTLE BIT MORE. AND THEN YOU CAN SEE THE SISTER CITIES AS WELL WITH ALLEN TRENDING WELL ABOVE THE OTHERS. LOOKING AT BY INDUSTRY, RETAIL TRADE IS HOLDING STRONG AT 3%. IT ACTUALLY JUST DROPPED 3% LAST MONTH WAS 4%. BUT IT'S LIKE RIGHT ON THE THREE AND A HALF WHERE YOU GIVE IT A COUPLE MORE POINTS, IT'D BE ROUNDING UP TO 4% ACCOMMODATION. FOOD SERVICES IS AT 8%. THE ONLY OTHER THING I'LL KIND OF COMMENT IS YOU CAN NOTICE CONSTRUCTION IS DOWN 6%. AND IF YOU LOOK AT THE YEAR TO YEAR TWO YEARS AGO, AT THIS POINT WE'RE AT 2 MILLION. LAST YEAR WE'RE AT 1.9 MILLION. THIS YEAR WE'RE AT 1.8 MILLION. SO MAYBE THAT SIGNALS CONSTRUCTION'S DROPPING DOWN A LITTLE BIT. I TEND TO WAIT TILL CONSTRUCTION HAS EVERY QUARTER. MOST OF THEM DO QUARTERLY SALES TAX PAYMENTS. SO I DON'T REALLY LIKE TO JUDGE THIS ON A JUST LIKE ON A FEBRUARY. I'D RATHER SEE MARCH COME IN AND SEE HOW WE'RE TRENDING ON CONSTRUCTION. LAST YEAR IT ENDED UP BUMPING UP TO POSITIVE AFTER THAT YEAR. AND SO I SHOULD HAVE THAT DONE NEXT WEEK AND A HALF. AND I PLAN IT LOOKS LIKE IT SHOULD BUMP UP TO BE ABOVE AVERAGE, BUT I'LL REPORT THAT NEXT MONTH. CONSTRUCTION IS JUST A WEIRD INDUSTRY THAT MOST COMPANIES DO QUARTERLY PAYMENTS INSTEAD OF MONTHLY PAYMENTS, SO I'LL BE HAPPY TO ANSWER ANY QUESTIONS THOUGH. SPEAKING OF WINNING OUR DIVISION, IT LOOKS LIKE WE'RE GETTING OUR LUNCH EATEN BY OUR DIVISION. WHEN IT COMES TO SALES TAX, IS THERE ANY WAY FOR US TO SEE THAT? NO. BACK TO THE OTHER ONE TO SEE OUR SISTER CITIES WITH THIS COMPARISON. TO KNOW WHERE THEY FALL AGAIN, NOT 
          [00:25:03]
TO GET DOWN TO THE GRANULE OF WHAT COMPANY, RIGHT? BUT JUST HIGH LEVEL WHERE THEY'RE WINNING VERSUS WHERE WE'RE WINNING OR LOSING. BECAUSE OBVIOUSLY, YOU KNOW, IT MIGHT BE A GOOD THING FROM THE STANDPOINT THEY'RE WINNING IN SALES TAX, BUT WE'RE WINNING IN PROPERTY TAX, ALL THAT SORT OF STUFF. RIGHT? SO IT DOESN'T GIVE A FULL PICTURE OF THE STRENGTH, BUT IT'S JUST A THING I THINK WE SHOULD BE AWARE OF BECAUSE OBVIOUSLY THE SALES TAX IS OUR REVENUE GENERATOR. AND IF WE LOSE FOCUS ON WHAT GENERATES REVENUE, THEN WE WILL FIND OURSELVES IN A STAGNANT STATE. I AGREE, SADLY, WE CAN'T DO LIKE WE HAVE. ALL I CAN SEE PUBLICLY THAT'S FROM THE CONTROLLER IS HOW MUCH THEY RECEIVE. HOW MUCH IS AUDIT COLLECTIONS? HOW MUCH IS PRIOR PERIOD COLLECTIONS? WE ARE ONE OF THE MORE TRANSPARENT LOCAL GOVERNMENTS AND DFW AREA. SO WE PUT ALL THIS INFORMATION OUT ON OUR WEBSITE FOR OUR CITIZENS AND ALL THAT STUFF, SO OTHER, OTHER CITIES CAN SEE HOW WE'RE TRENDING WHERE WE CAN'T SEE THE SAME. I DO THINK THAT'S BENEFICIAL IN THE LONG RUN TO BE MORE TRANSPARENT WITH YOUR CITIZENS. SO US DOING ALL THIS HAS BENEFITED US. WE HAVE SIX HOURS OF TRANSPARENCY, BUT OTHER SISTER CITIES ARE NOT AS TRANSPARENT WITH US. AND SO WE AREN'T ABLE TO SEE THIS DATA UNLESS THEY PROVIDE IT TO US DIRECTLY. AND WE HAVE NOT HAD ANY LUCK OF GETTING THAT SO FAR. 
          OKAY. FAIR ENOUGH. I WAS JUST CURIOUS ON LIKE WHERE THEY'RE WHERE THEY'RE WINNING AND OF, YOU KNOW, MONTH OVER MONTH INCREASES OF SALES TAX VERSUS US. SO YEAH, WE GOT ONE TOO. I MEAN, SO IT CAN'T BE THAT BIG OF A DEAL. THEY GOT THEY GOT TO HAVE SOMETHING ELSE THAT'S KICKING OUR TAIL. YEAH. AND EVEN WITH MY SOME OF MY COLLEAGUES I THE CONTROLLER GIVE US GIVES US A OR WE CAN REQUEST A CONFIDENTIALITY REPORT EVERY MONTH FROM THE CONTROLLER, WHICH IS HOW WE GET THIS DATA. FROM MY UNDERSTANDING, THERE'S SOME CITIES THAT DON'T EVEN REQUEST THAT. SO EVEN IF THE CITY WANTED TO GET THIS DATA, THEY DON'T HAVE IT PHYSICALLY ON HAND. THEY'D HAVE TO REQUEST IT AND THEN FIGURE OUT HOW WE COME UP WITH THIS DATA AND WHATNOT. SO YEAH, SO QUICK QUESTION ON THE CONSTRUCTION. SO I'M SURE IT'S COMPRISED OF EVERYTHING, RIGHT? SO NEW HOMES, GENERAL CONTRACTING, COMMERCIAL. IS THERE ONE IN PARTICULAR WHERE IT'S DROPPED DOWN OR IS IT JUST ACROSS THE BOARD? NO. SO I DID LOOK AT AUDIT COLLECTIONS THIS MONTH. THERE WAS NO AUDIT COLLECTIONS. I WILL SAY THAT CONSTRUCTION IS ALSO STRANGE IN THE ASPECT THAT COMPANIES CAN CHOOSE NOT TO PAY SALES TAX WHEN THEY BUY THE THE MATERIAL TO BUILD THE HOUSE. AND THEY'RE SUPPOSED TO REPORT THAT AND PAY DO IT AS A TAXABLE PURCHASE. AND THEN IT DEPENDS ON WHERE THE CONSTRUCTION COMPANY IS LOCATED. SO SOMETIMES IT DOESN'T ALWAYS GET ALLOCATED TO THE CITY. IT SHOULD. AND THAT'S JUST AN ONGOING ISSUE WITH CONSTRUCTION THAT I DON'T REALLY KNOW. THE CONTROLLER KNOWS A PERFECT WAY AROUND IT. BUT YOU KNOW, IF A IF A CONSTRUCTION COMPANY WAS HEADQUARTERED IN, LET'S SAY ALLEN AND THEY DID CONSTRUCTION HERE, THAT SALES TAX SHOULD BE COMING TO US. BUT OFTEN TIMES IT GETS REPORTED TO THEIR HEADQUARTERS LOCATION. NOW THE CONTROLLER DOES DO AUDITS AND OVER TIME THEY WILL EVENTUALLY GET ALLOCATED BACK OUT. BUT SOMETIMES THAT TAKES TEN YEARS BEFORE THEY GET TO SOME OF THE BIGGER, SOME CONSTRUCTION COMPANIES TO ALLOCATE, BUT IT'S JUST HIT OR MISS WITH HOW THE CONSTRUCTION IS REPORTED IN GENERAL. SO EVEN IF IT SHOWS CONSTRUCTION'S DOWN IN A CITY, IT MIGHT NOT INDICATE THAT CONSTRUCTION IS ACTUALLY DOWN. IT JUST COULD BE HOW SALES TAX IS BEING REPORTED TO MOST OTHER INDUSTRIES DOESN'T HAVE THAT ISSUE. BUT CONSTRUCTION IS THE NOTORIOUS ONE. SO THANKS. I WAS JUST MENTIONING TO KURT THAT IT MIGHT BE BENEFICIAL TO TO YOU KNOW, IT'S BEEN A WHILE SINCE WE DID THAT BUY LOCAL CAMPAIGN YEARS AGO THAT I THOUGHT WAS PRETTY SUCCESSFUL IN GETTING INFORMATION OUT TO PEOPLE ABOUT THE IMPACT OF SPENDING MONEY IN MCKINNEY VERSUS, YOU KNOW, THE CITIES THAT ARE, YOU KNOW, ALLEN OR FRISCO OR OTHER CITIES. AND, YOU KNOW, WITH THE POPULATION WE'VE HAD OVER THE LAST YEAR OR TWO, THERE MIGHT BE AN EDUCATION PIECE MISSING AS TO THE IMPACT OF MONEY BEING SPENT HERE VERSUS, YEAH, ACROSS 121 OR WHATEVER. SO, YEAH, MAYBE WE CAN GET WITH THE CHAMBER AND WE'LL DEBRIEF ON THAT INTERNALLY AND REPORT BACK. OKAY. WE DO NEED A IF THERE'S NOTHING ELSE, WE DO NEED A MOTION ON THE FEBRUARY FINANCIALS. I'LL MOVE TO ACCEPT AS PRESENTED. SECOND. BY THAT, SECOND BY SCOTT. QUICK CATCH A VOTE PUSHING. NAY JUST BECAUSE OF THAT YOU SEE KURT. KURT. 
          KURT WAS JUMPING. EVERYBODY SAID YAY YAY. ALL RIGHT OKAY. PUBLIC COMMENTS REGARDING MATTERS NOT ON THE AGENDA. ANY ANY BOARD COMMENTS. ALL RIGHT. THEN WE WILL GO INTO EXECUTIVE 
          [EXECUTIVE SESSION]
SESSION IN ACCORDANCE WITH TEXAS GOVERNMENT CODE SECTION 551071, SUBPARAGRAPH TWO, CONSULTATION WITH GENERAL COUNSEL. ANY WORK SESSION SPECIAL REGULAR SESSION AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY CLIENT ADVICE NECESSITATED BY DELIBERATION OR DISCUSSION OF SAID ITEMS. 55107 FOR PERSONNEL MATTERS. PERIODIC REVIEW OF PRESIDENT'S 
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EMPLOYMENT AGREEMENT AND PERFORMANCE REVIEW CRITERIA. I DO NOT ANTICIPATE ANY ACTION OUT OF EXECUTIVE SESSION, BUT WE WILL BE BACK ANYWAY IF WE DO HAVE TO ADJOURN THE MEETING. SO AT THIS POINT, IT IS 8:33 A.M. AND WE WILL RECESS INTO EXECUTIVE SESSION.
* This transcript was compiled from uncorrected Closed Captioning.