[CALL TO ORDER]
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MCKINNEY ECONOMIC DEVELOPMENT CORPORATION BOARD MEETING. IT IS TUESDAY, OCTOBER 20TH, 2026.
WE'RE IN THE COUNCIL CHAMBERS AT 401 EAST VIRGINIA STREET, MCKINNEY, TEXAS. PURSUANT TO TEXAS GOVERNMENT CODE SECTION 551002, A QUORUM OF THE CITY COUNCIL MAY BE PRESENT, ALTHOUGH NO CITY COUNCIL ACTION WILL BE TAKEN AT THIS TIME. WE'LL CALL THE MEETING TO ORDER.
OUR MEETINGS ARE BROADCAST LIVE THROUGH THE CITY'S WEBSITE AND OUR FIRST AGENDA ITEM, OUR PUBLIC COMMENTS ON ANY AGENDA ITEMS. IF THERE ARE ANY BODY THAT WOULD LIKE TO ADDRESS THE BOARD AT THIS TIME. SEEING NONE, WE'LL MOVE ON TO SPECIAL AGENDA ITEMS. 261029 ELECTION OF
[26-1029 Election of Officers]
OFFICERS AND WE WILL BE ELECTING A CHAIRMAN, VICE CHAIRMAN, SECRETARY, TREASURER.WE GET A MOTION. YES, SIR. I'LL MAKE A MOTION THAT WE NOMINATE BRIAN MILLER TO CONTINUE AS OUR CHAIRMAN. YOUR MOTION. DO WE HAVE A SECOND? SECOND MOTION BY THAD, SECOND BY SCOTT MCKENZIE.
CAN WE VOTE FROM THIS THING? YEAH. CAST YOUR VOTES. MOTION PASSES. REGARD TO VICE CHAIR AND SECRETARY TREASURER, I WOULD RECOMMEND OR NOMINATE THAD FOR VICE CHAIR AND AND CHANTELLE FOR SECRETARY. TREASURER. I'LL SECOND. THAT. AND WE HAVE A MOTION A SECOND BY JULIE. CAST YOUR VOTES. THAT MOTION PASSES. NEXT WE HAVE 261030. CONSIDER DISCUSSING.
[26-1030 Consider/Discuss/Act on Appointing MEDC Standing Committee Members]
APPOINT ME DC STANDING COMMITTEE MEMBERS. YOU SHOULD HAVE A LIST IN FRONT OF YOU OF THE OF THE ASSIGNMENT OF SUBCOMMITTEE'S RECOMMENDATIONS. REAL ESTATE WOULD BE SCOTT, THAD AND JULIE. INNOVATION. CHANTELLE, MARK AND ALEX. FINANCE. SCOTT, CHANTELLE AND KATIE. MARKETING. JULIE, ALEX, KATIE AND GOVERNANCE. MYSELF, THAD AND MARK AND MOVE TO APPROVE AS PRESENTED. OKAY. MOTION BY MARK. SECOND BY SCOTT. CASTOR. VOTES. AND THAT MOTION[CONSENT ITEMS]
PASSES. NEXT WE HAVE CONSENT ITEMS. THESE ARE NON-CONTROVERSIAL ITEMS THAT ARE REQUIRED BY LAW. AND WE ONLY HAVE ONE, WHICH IS THE MINUTES OF THE MCKINNEY ECONOMIC DEVELOPMENT CORPORATION MEETING OF JUNE 16TH, 2026. IF THERE'S NO QUESTIONS OR CHANGES, I'LL ENTERTAIN A MOTION. I'LL MOVE TO APPROVE MOTION BY THAD, SECOND BY JULIE. CAST YOUR VOTES. MOTION PASSES. REPORTS 261032. WE'LL START WITH THE[26-1032 Board and Liaison Updates City of McKinney Community Development Corporation Visit McKinney MEDC Committee Updates Board Chairman]
CITY OF MCKINNEY. THANK YOU, MR. CHAIRMAN. MEMBERS OF THE BOARD. MR. PRESIDENT, I'M FILLING IN FOR MR. GRIMES TODAY. HE'S ON HIS WAY BACK FROM. I SEE A A GOOD GROUP OF MCKINNEY'S EXECUTIVE STAFF IS OUT THERE FOR THE WEEK, SO I'M STEPPING IN. JUST A COUPLE ITEMS OF NOTE TONIGHT ON THE REGULAR MEETING. THE CITY COUNCIL WILL BE CONSIDERING A MEMORANDUM OF UNDERSTANDING AND A CORRESPONDING MASTER PLANNING PRE-DESIGN CONTRACT FOR THE 300 ACRE SPORTS PARK THAT'S UP THERE NORTH OF THE PAINTED STREET DEVELOPMENT, RIGHT ALONG THE ALIGNMENT FOR THE FUTURE BYPASS. IN ADDITION, THE CITY COUNCIL IS GOING TO CONSIDER THEIR 90TH LEGISLATIVE PRIORITIES FOR THE 90TH SESSION OF THE STATE LEGISLATURE THIS EVENING AS WELL. WE'LL ALSO HAVE A PRESENTATION AND WORK SESSION TO GO THROUGH THOSE PRIORITIES, IF YOU'D LIKE TO TUNE IN, THE LAST ITEM FOR WORK SESSION IS ACTUALLY FOR THE NEXT ONE COMING UP ON THE THIRD, THE BETTER TOGETHER INITIATIVE IS GOING TO PRESENT THEIR DRAFT STRATEGIC PLAN TO THE COUNCIL. IF YOU'VE BEEN AWARE OF THAT ONGOING EFFORT BY OUR HOUSING, COMMUNITY DEVELOPMENT, CORPORATE HOUSING, COMMUNITY DEVELOPMENT DEPARTMENT AND ASSISTANT CITY MANAGER ARNOLD TO ENCOURAGE YOU TO WATCH THOSE PROCEEDINGS HERE ON THE 3RD OF NOVEMBER. AND THEN AS ANOTHER REMINDER, THE STATE OF THE CITY EVENT IS GOING TO BE ON THURSDAY, THE 5TH OF NOVEMBER. I KNOW THAT EVERYONE PROBABLY HAS THAT ON THEIR CALENDAR, BUT JUST FOR THE GOOD OF THE ORDER, I THOUGHT I'D MENTION IT. AND THEN FINALLY, TWO ANNOUNCEMENTS AS IT RELATES TO THE AIRPORT LAST THURSDAY. TWO NEW ROUTES WERE ANNOUNCED, ONE TO PALM[00:05:03]
BEACH AND THEN ONE TO SARASOTA. THOSE ARE DIRECT FLIGHTS THAT ARE GOING TO OCCUR A COUPLE TIMES A WEEK, AND THE FIRST FLIGHT WILL ACTUALLY BE TO FORT MYERS, FLORIDA, ON THE 11TH OF NOVEMBER. THAT'S ALL I HAVE. I'D BE HAPPY TO STAND FOR ANY QUESTIONS. ANY QUESTIONS. THANK YOU SIR. NEXT WE HAVE CINDY WITH THE CDC. GOOD MORNING, MR. CHAIRMAN. MEMBERS OF THE BOARD AND PRESIDENT KOSKI, HAPPY TO BE HERE TODAY. CONGRATULATIONS ON YOUR ELECTION OF OFFICERS THIS MORNING. AND, MR. MILLER, CONGRATULATIONS ON YOUR IRONMAN FINISH. VERY IMPRESSIVE SURVIVAL. SEVERAL UPDATES. WE CLOSED OUT OUR GRANTS FOR THE FY 26 YEAR IN SEPTEMBER WITH TWO RETAIL INFRASTRUCTURE GRANTS AWARDED, ONE TO SHORTY'S FOR EXTERIOR INFRASTRUCTURE AT THEIR RESTAURANT ON KENTUCKY STREET, AND THEN THE OTHER FOR A GREASE TRAP THAT WILL BE EXTERIOR TO THE HOPE HARDWARE BUILDING IS WHERE THE PANTRY WAS. THEY HAVE A NEW RESTAURANT COMING IN, SO THOSE WERE AWARDED OUR NEXT GRANT CYCLE. WILL WE HAVE THIS MONTH OFF? AND THEN THE APPLICATION PERIOD OPENS NOVEMBER 1ST FOR THE FIRST ROUND OF PROMOTIONAL GRANTS. ALSO, YOU'LL SEE AN ANNOUNCEMENT LATER THIS WEEK. WE'LL BEGIN ACCEPTING NOMINATIONS FOR MC DCS QUALITY OF LIFE AWARDS. THEY'LL BE ACTUALLY AWARDED AT THE CHAMBER'S EVENT IN FEBRUARY, BUT WE WILL BEGIN ACCEPTING NOMINATIONS IN NOVEMBER. SO STAY TUNED FOR THAT. AND THEN THE LAST THING WE'RE REALLY EXCITED ABOUT THE CITY'S PARKS AND REC TEAM, AMY KINCAID AND HER TEAM NOMINATED CDC FOR AN ADVOCATE OF THE YEAR AWARD WITH THE TEXAS RECREATION AND PARKS SOCIETY, AND WE WERE SELECTED TO RECEIVE THAT AWARD. SO GET TO CELEBRATE THAT IN NOVEMBER WITH THE PARKS TEAM AT THE ANNUAL CONFERENCE. SO VERY EXCITED ABOUT THAT, AND I'M HAPPY TO STAND FOR ANY QUESTIONS. CONGRATULATIONS.THANK YOU. ANY QUESTIONS? THANK YOU, MISTER MCKINNEY. NOT AARON. GOOD MORNING. GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT MEMBERS OF THE BOARD. ALICIA HOLMBERG I'M INTERIM EXECUTIVE DIRECTOR OF MCKINNEY. JUST A COUPLE UPDATES. VISIT MCKINNEY LAUNCHED OUR NEW WEBSITE A COUPLE WEEKS AGO. WE WE WORKED WITH A LOCAL MCKINNEY COMPANY CALLED STEEPLE TO PUT TOGETHER THIS NEW SITE. IT IS MUCH MORE STREAMLINED, USER FRIENDLY, AND IT HAS A LOT OF INTERACTIVE PARTS TO IT, A LOT OF DIFFERENT THINGS THAT YOU CAN KIND OF ALMOST CHOOSE YOUR OWN ADVENTURE ON HOW YOU WANT TO SPEND YOUR TIME HERE IN MCKINNEY. SO GO AHEAD AND CHECK IT OUT. VISIT MCKINNEY.COM. WE'RE PRETTY EXCITED ABOUT IT. WE ALSO ARE HAPPY TO ANNOUNCE THAT WE HAVE A NEW HOTEL HERE IN MCKINNEY. THE DUAL PROPERTY, THE LA QUINTA AND HAWTHORNE EXTENDED STAY HOTEL HAS OPENED OVER ON HARDIN AND MCKINNEY MCKINNEY PARK, SORRY, MCKINNEY RANCH PARKWAY. SO THAT ADDS ABOUT 99 ROOMS TO OUR INVENTORY OF ROOMS HERE IN MCKINNEY. AND THEN LAST, I JUST WANTED TO SAY CONGRATULATIONS TO KATIE SCOTT. SHE WAS A LONG TIME VISIT MCKINNEY BOARD MEMBER. SO WE ARE HAPPY TO SEE HER CONTINUE SERVICE, HER SERVICE HERE ON YOUR BOARD. YOU GOT A GOOD ONE? SURE. AND I WILL STAND FOR ANY QUESTIONS. QUESTIONS. THANK YOU VERY MUCH. THANK YOU. COMMITTEE UPDATES. ANYTHING. MARKETING. NOTHING TO REPORT. OKAY. REAL ESTATE. REAL ESTATE MET LAST WEEK. WE HAVE SEVERAL ITEMS FOR YOU IN THE EXECUTIVE SESSION.
WE'RE GOING TO ASK YOU INNOVATION. NOTHING TO REPORT FINANCE. GOVERNANCE. WE'VE NOT MET SINCE THE LAST TIME. AND FOR PURPOSES OF OUR LAST MEETING WITH THE NEW BOARD MEMBERS, ONCE A YEAR, WE DO A REVIEW OF THE OF MR. KOSKI, THE PRESIDENT'S ROLE, WHICH WE DID IN AUGUST. AND WE DID THAT BECAUSE HIS CONTRACT IS AN ANNUAL CONTRACT. WE DID IT FOR THE PURPOSES OF ALSO DETERMINING THE NEW CONTRACT FOR THE YEAR. AND WE DID THAT AT HIS LAST MEETING. SO WE WILL MEET AGAIN SOMETIME IN THE NEXT QUARTER. ALL RIGHT. AND THEN LAST BUT NOT LEAST, ME REALLY NOTHING. I DO WANT TO WELCOME OUR NEW BOARD MEMBERS, KATIE SCOTT AND ALEX MANASTER. WELCOME TO THE MEDICI. I THINK YOU'LL ENJOY THIS BOARD QUITE A BIT. WE HAVE A LOT OF ACTIVITY, A LOT OF PROJECTS THAT WE'VE BEEN WORKING ON THAT ARE ONGOING, THAT YOU'LL HEAR ABOUT IN EXECUTIVE SESSION TODAY. AND OF COURSE, PROJECTS THAT CONTINUE TO COME UP THROUGHOUT THE YEAR. AND WE LOOK FORWARD TO YOUR CONTRIBUTIONS. THANK
[26-1033 Consider/Discuss MEDC Monthly Reports]
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YOU SO MUCH. AND WITH THAT, WE WILL GO TO MONTHLY REPORTS 261033. MR. KOSKI. THANK YOU, MR. CHAIRMAN. IT'S A GREAT MOMENT FOR ME TO BRING UP AARON WARNER TO ACTUALLY GIVE THE REPORT OF ORGANIZATION AS HE'S WALKING UP. I JUST WANT TO SPOTLIGHT SOMETHING HERE. WE HAVE A A TREMENDOUS A TREMENDOUS AMOUNT OF ACTIVITY ON. THANK YOU. A TREMENDOUS AMOUNT OF ACTIVITY ON DOMESTIC AND LOCAL ATTRACTION AND GROWTH. BUT WE'RE ALSO SEEING A LOT MORE INTERNATIONAL INTEREST. IN FACT, WE HAVE A DELEGATION FROM FINLAND WHO WILL BE ARRIVING TO CITY HALL AND WITHIN THE HOUR TO MEET WITH TEAMMATES. WE HAVE A DELEGATION FROM KOREA NEXT WEEK AND A EUROPEAN DELEGATION COMING A COUPLE WEEKS AFTER THAT. SO JUST TO SPOTLIGHT THAT, WE'RE MAKING WAVES ACROSS THE GLOBE AS PEOPLE ARE LOOKING TO COME TO THE US, TO TEXAS, AND FINALLY TO THE GREAT CITY OF MCKINNEY. SO WITH THAT, AARON, TELL A STORY. THANK YOU AND GOOD MORNING, MR. CHAIRMAN. MR. PRESIDENT, MEMBERS OF THE BOARD, AARON WARNER, SVP AT MEDC. AND I SAID THE RIGHT TITLE. SO OFF TO A GOOD START THERE. EXCITED TO SHOW YOU A NEW PRESENTATION FOR OUR PROJECTS PIPELINE. THIS IS THE FIRST TIME I'VE BEEN ABLE TO PRESENT TO YOU, AND I'M SURE AS TIME MOVES ON, WE'LL CONTINUE TO TWEAK THIS AS I GET FEEDBACK FROM YOU AND WORK WITH THE TEAM ON THE DATA. BUT HERE'S THE STORY. IN OUR PROJECT PIPELINE TODAY, WE HAVE OVER $1.8 BILLION IN POTENTIAL CAPITAL INVESTMENT, AND THAT'S PUT TOGETHER OVER 70 DIFFERENT PROJECTS, 38 OF THOSE IN OUR SALES FORCE ARE LABELED AS ACTIVE PROJECTS. THOSE ARE THE ONES THAT THE TEAM IS WORKING ON ALL THE TIME, EVERY DAY, KEEPING UP WITH CURRENT UPDATES AND AND HOW WE CAN MOVE THOSE PROJECTS FORWARD. OF COURSE, YOU'VE GOT A MIXTURE OF TRADITIONAL AND INNOVATION FUND PROJECTS IN HERE. AND SO THEY ALL TAKE DIFFERENT, DIFFERENT STEPS TO GET THOSE ACROSS THE FINISH LINE AND KIND OF OPERATE ON A DIFFERENT TIMELINE AS WELL.BUT HERE'S THE STORY I REALLY WANTED TO TELL YOU TODAY, DIVING INTO THE DATA AND LOOKING AT THE LEADS. THE LEAD VOLUME IS NEARLY QUADRUPLED IN THE PAST FIVE YEARS. YOU CAN SEE IN 2021 OR 2021, WE HAD 97 LEADS. IN 2025, WE HAD 380 LEADS. WE SAY ALL THE TIME BECAUSE WE HEAR IT WHEN WE'RE OUT ON THE STREET AND WE'RE TALKING TO PEOPLE AND SHAKING PEOPLE'S HAND, THAT NOW IS MCKINNEY'S TIME. THIS IS OUR TIME TO SHINE. AND THERE'S A LOT OF A LOT OF PEOPLE INTERESTED IN OUR COMMUNITY, BUT NOTHING TELLS THAT STORY BETTER THAN THE HARD DATA. AND SO YOU CAN SEE 380 SOUNDS LIKE A BIG NUMBER, BUT WHEN YOU PUT THAT INTO THE AMOUNT OF TIME THAT EVERY PROJECT MANAGER PUTS INTO RESEARCH, TALKING TO OUR UTILITY VENDORS, TALKING TO OUR BROKER NETWORK, AND FIGURING OUT WHAT IT TAKES. YOU CAN SEE THAT OUR TEAM IS BUSY. AND LASTLY, A LITTLE HIGHLIGHT FOR YOU SHOWING A MAP OF WHERE LEADS HAVE COME FROM FROM AROUND THE WORLD. AGAIN, A SPOTLIGHT IS ON MCKINNEY, TEXAS RIGHT NOW, AND IT'S OBVIOUS IN THE DELEGATIONS THAT WE'RE WELCOMING TO THE COMMUNITY AND THE HANDSHAKES THAT WE'RE GIVING AROUND THE WORLD AND OUR LEAD SOURCES TO, YOU KNOW, FROM THE GOVERNOR'S OFFICE ALL THE WAY THROUGH DIGITAL ADS AND CAMPAIGNS THAT LUKE DOES. LEADS COME FROM EVERYWHERE. WE'RE CONTINUING TO DIVE INTO THE OTHER CATEGORY. THIS IS SOMETHING THAT ERIC AND I TALKED ABOUT THIS MONTH, AND WE'RE GOING TO TRY TO GET A LITTLE MORE DETAIL ON WHERE THOSE COME FROM, BECAUSE OBVIOUSLY THERE'S A LOT THERE.
BUT AS WE CONTINUE TO, TO KIND OF REFINE OUR DATA, WE'LL, WE'LL KEEP MAKING LITTLE TWEAKS LIKE THAT. AND WITH THAT, I'LL STAND FOR ANY QUESTIONS. I DON'T HAVE A QUESTION. I HAVE A COMMENT THOUGH. YOU KNOW, WHAT'S REALLY STANDS OUT TO ME ON, ON THIS LAST ITEM HERE IS THE GOVERNOR'S OFFICE, BECAUSE THAT'S SOMETHING THAT REALLY HAS EXPANDED BASED ON THE CONTACTS AND THE WORK THAT MICHAEL'S DONE IN WORKING WITH THE GOVERNOR'S OFFICE THAT WE HAVEN'T SEEN REALLY IN YEARS PAST, AS YOU KNOW. SO JUST WANT TO CONGRATULATE YOU AND THANK YOU, MICHAEL, BECAUSE OF YOUR EFFORTS IN REACHING OUT AND WORKING WITH AARON AND THE GROUP DOWN IN AUSTIN. THAT'S ONE OF THE THINGS THAT I'VE SEEN REALLY GROW EXPONENTIALLY.
GOOD POINT. THANK YOU. NEXT, WE HAVE OUR REGULAR AGENDA. MR. CHAIRMAN. DO WE HAVE. OH, OKAY.
MANAGER LUKE TO WALK THROUGH OUR MARKETING. HELLO, LUKE. GOOD MORNING. THANK YOU, MR. PRESIDENT. MR. CHAIRMAN, MEMBERS OF THE BOARD AND MR. SCOTT, I WAS GOING TO SAY WELCOME TO THE BOARD. YOU LOOK LIKE YOU'RE GLOWING, BUT I THINK IT'S JUST THE GLARE FROM THE WINDOW. SO Y'ALL PUT ME HERE ON. YOU LITERALLY GOT THE HOT SEAT TODAY. YEAH, I WAS JUST GOING TO GIVE YOU A BRIEF FLYOVER. I'M LUKE GHAJARI, THE MARKETING AND SOCIAL MEDIA MANAGER FOR THE MCKINNEY EDC, TO KIND OF FOLLOW IN HIS FOOTSTEPS HERE WITH OUR NEW KIND OF REDONE BRANDING, WE ARE ALIGNING MARKETING AND DATA, WHICH IS INCREDIBLE. WHEN THOSE TWO VOICES CAN KIND OF SING TOGETHER. SO WE'LL BEGIN TO SEE MORE OF THAT. YOU'LL SEE IN
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TANDEM THE DATA POINTING TO MARKETING AND VICE VERSA. AS FAR AS THE STORY OF WHAT'S HAPPENING, THIS IS A REDONE SLIDE OF WHAT YOU'VE SEEN IN THE PAST. WE WILL CONTINUE TO ADD TO THIS SOME ADDITIONAL METRICS. THE OTHER THING I'LL POINT OUT ON ERIC'S, OR I'M SORRY, AARON'S PRESENTATION WAS THE IDEA THAT RIGHT BELOW GOVERNOR'S OFFICE WAS THE HEARD FROM A FRIEND CATEGORY. THIS MANTRA OF WE ARE RELATIONAL BEFORE TRANSACTIONAL CONTINUES TO SPLASH OVER INTO EVERYTHING WE DO AND WHERE LEADS COME FROM. SO AGAIN, ALL THE NUMBERS ARE THERE. THERE'S MORE IN THE REPORT ATTACHED TO THE AGENDA AS WELL. AND I ALSO WILL POINT OUT THAT WE RECENTLY SWITCHED OUR DOMAIN OVER OFFICIALLY TO MCKINNEY EDC.COM INSTEAD OF UNIQUE MCKINNEY.COM. OUR SOCIAL MEDIA HANDLE ALSO REFLECTS THAT CHANGE. ON INSTAGRAM, IT'S MCKINNEY UNDERSCORE EDC INSTEAD OF UNIQUE UNDERSCORE MCKINNEY. SO OUR FOLLOWERS ACCOUNTS, EVERYTHING ELSE REMAINS INTACT. JUST A FEW ESTHETIC CHANGES TO EMBRACE OUR NEW BRAND THAT WE ROLLED OUT EARLIER THIS YEAR. AND I'LL END WITH WELCOMING AGAIN MRS. SCOTT, MR. BANNISTER TO THE BOARD AND LOOK FORWARD TO WORKING WITH YOU BOTH ON THE MARKETING COMMITTEE AS OF THE APPOINTMENTS THIS MORNING. WITH THAT, I'LL STAND FOR ANY QUESTIONS. QUESTIONS? THANK YOU.THANK YOU SIR. ALL RIGHT. NOW YOU GO TO. ALL RIGHT CHAMP. 26103 4TH AUGUST 2026.
[26-1034 Consider/Discuss/Act on the August 2026 Financials]
FINANCIAL. GOOD MORNING. CHANCE MILLER, ASSISTANT FINANCE DIRECTOR. WE ARE GOING OVER THE MONTH OF AUGUST TODAY. THIS IS THE 11TH MONTH OF OUR FISCAL YEAR. SO WE'RE ALMOST AT THE END. IN REGARDS TO REVENUE, WE COLLECTED SLIGHTLY OVER $2.5 MILLION. THE MAJORITY OF THAT CAME FROM SALES TAX REVENUE. IF WE LOOK AT OUR EXPENDITURES, WE HAD ALMOST 1.8 MILLION. THE MAJORITY ACTUALLY THIS MONTH CAME FROM OPERATIONAL EXPENSES. WE HAD A LOT OF MARKETING EXPENDITURES HIT THIS MONTH, AND I WAS GOING TO GO OVER SALES TAX. SO ONE OF THE STRONGEST SALES TAX MONTHS WE'VE HAD IN A LONG TIME. SO THIS IS THE MONTH OF JUNE. SO JUNE SALES, AUGUST COLLECTIONS WE RECEIVED FROM THE CONTROLLER. AND IT SHOWS 6.4%. WE ACTUALLY HAD AN AUDIT COLLECTION THAT HURT US. OUR TRUE PERIOD TO PERIOD INCREASE WAS SLIGHTLY OVER 11%, WHICH IS REALLY STRONG. AND IT'S KIND OF BEEN GROWING THESE PAST 3 TO 3 MONTHS OR SO, ESPECIALLY AS WE HEAD TO THE END OF THE FISCAL YEAR. BUT WITH THE AUDIT COLLECTION THAT BROUGHT US TO YEAR TO DATE UP TO 5.6% INCREASE OVER LAST YEAR, ALLEN HAD A 33% INCREASE. THIS MONTH, FRISCO HAD A 16% INCREASE IN PLANO HAD AN 8% DECREASE. YOU KIND OF SEE WHERE THEIR YEAR TO DATE OVER LAST YEAR TREND AS WELL. LASTLY, ON THE SALES TAX BY INDUSTRY SLIDE, THE RETAIL TRADE AND ACCOMMODATION AND FOOD SERVICES ARE STAYING AT THAT SIX AND THE 9%. THE BIG CHANGE YOU'LL SEE THIS MONTH IS UTILITIES IS DOWN 27%. THAT IS WHERE THE AUDIT COLLECTION HIT AGAIN. SO WE HAD AN AUDIT COLLECTION AND UTILITIES AT THE BEGINNING OF THE YEAR. WE HAD BEEN TRENDING WHERE WE'RE GETTING ALMOST TO BROKE EVEN THEN. THIS MONTH WE HAD ANOTHER AUDIT COLLECTION HIT. SO THAT BROUGHT US BACK DOWN TO A DECREASE IN THAT CATEGORY. SO YEAR TO DATE, THOUGH UP SLIGHTLY OVER 5%, SAYING THAT I'LL BE HAPPY TO ANSWER ANY QUESTIONS. I NEED A MOTION ON THE FINANCIALS MOVE TO APPROVE.THE MOTION. SECOND MOTION BY MARK, SECOND BY SHANTEL IN THE VOICE OF THAT. CAST YOUR VOTES.
THAT MOTION PASSES. ALL RIGHT. NEXT WE HAVE PUBLIC COMMENTS ON ON MATTERS, NOT ON THE AGENDA.
[EXECUTIVE SESSION]
ANY BOARD COMMENTS. WE WILL GO INTO EXECUTIVE SESSION. THEN IN ACCORDANCE WITH THE TEXAS GOVERNMENT CODE, SECTION 551071, SUBPARAGRAPH TWO CONSULTATION WITH ATTORNEY ON ANY WORK SESSION. SPECIAL REGULAR SESSION AGENDA ITEM REQUIRING CONFIDENTIAL ATTORNEY CLIENT ADVICE NECESSITATED BY DELIBERATION OR DISCUSSION OF SAID ITEMS AS NEEDED. LEGAL CONSULTATION ON 551072 DELIBERATIONS ON REAL PROPERTY AS POSTED IN THE AGENDA. 551087 DELIBERATIONS ON ECONOMIC DEVELOPMENT MATTERS. ALSO AS POSTED IN THE AGENDA. AND THEN WE WILL BE BACK IN THE EVENT THAT WE HAVE ANY ACTION TO TAKE ON THE EXECUTIVE SESSION ITEMS. SO WE ARE IN RECESS YES, SIR. ALL RIGHT. WE ARE OUT OF EXECUTIVE SESSION AT AROUND[ACTION ON EXECUTIVE SESSION]
9:28 A.M. AND WE HAVE ONE MATTER THAT WE NEED A MOTION ON, AND THAT IS ON PROJECT IV. YES, SIR. I'LL MAKE A MOTION WITH REGARD TO PROJECT IV, THAT WE AUTHORIZE PRESIDENT KOSKI TO[00:20:06]
NEGOTIATE, PER THE TERMS THAT WE AGREED TO IN EXECUTIVE SESSION. OKAY. WE HAVE A MOTION BY MOTION BY THAD, SECOND BY SCOTT. AND CAST YOUR VOTES. THAT MOTION PASSES. NEED A MOTION TO ADJOURN. WE WHO MADE THE MOTION? OH, OKAY. MOTION BY MARK, SECOND BY SCOTT. W AND OFM HAVING A LUNCH* This transcript was compiled from uncorrected Closed Captioning.