4. Discussion and possible action on approving the 2024 Athletic Sports Association agreement and Athletic Complex Maintenance Standards and authorize the City Manager to execute the agreement.

[4. Discussion and possible action on approving the 2024 Athletic Sports Association agreement and Athletic Complex Maintenance Standards and authorize the City Manager to execute the agreement. ]

ITEM NUMBER FOUR.

DISCUSSION AND POSSIBLE ACTION ON APPROVING THE 2024 ATHLETIC SPORTS ASSOCIATION AGREEMENT AND ATHLETIC COMPLEX MAINTENANCE STANDARDS, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE AGREEMENT.

MEGAN, DO YOU WANT TO TALK BRIEFLY ON THIS? SURE. GOOD EVENING, MAYOR AND COUNCIL.

WE HAVE BEEN WORKING ON THIS WITH RANDALL LAW OFFICE TO CREATE A MORE THOROUGH YET, LESS DETAILED, IF THAT MAKES SENSE.

WE WANT TO ALIGN OUR AGREEMENT FOR OUR ATHLETIC SPORTS ASSOCIATIONS WITH THE ORDINANCE THAT WE HAVE IN PLACE.

SO WHAT WE'VE DONE IS WE'VE MADE SOME REVISIONS FOR THE 2024 AGREEMENT.

INITIALLY, THE NONPROFIT STATUS AND FINANCIAL DOCUMENTS WERE REMOVED, BUT THERE IS SOME LANGUAGE IN THE DOCUMENTS THAT DOES ALLOW THE CITY TO REQUEST FINANCIAL DOCUMENTS AT ANY TIME AT A LATER DATE.

WHEN WE TALKED WITH PARKS AND RECREATION BOARD, WE DID DETERMINE AND IT WAS REQUESTED THAT WE ADD BACK IN THE NONPROFIT STATUS AND BYLAWS OF THE ASSOCIATIONS.

SO WE HAVE MADE THOSE REVISIONS SINCE THAT MEETING ON LET'S SEE, DECEMBER 18TH, WE DID HAVE SOME ADDITIONAL REQUESTS FROM ATHLETIC ASSOCIATIONS REVOLVED AROUND THE FEES.

THERE WAS A FEE.

WE ADDED A FEE, AN APPENDIX, EXCUSE ME, TO OUTLINE THE FEES THAT WERE ASSOCIATED IN THE ORDINANCE.

ONE OF THOSE CONSISTED WITH A $10 PER PLAYER FOR TOURNAMENTS.

AND ALL OF OUR ASSOCIATIONS, WE HAVE NOT HISTORICALLY ENFORCED THAT.

AND SO THEY REQUESTED THAT THAT NOT BE ENFORCED.

SO THAT WAS SOMETHING THAT WAS REMOVED.

A LOT OF OUR ASSOCIATIONS ALSO WANTED A LONGER AGREEMENT, MAINLY BECAUSE THEY WANTED TO INVEST IN SOME CAPITAL PROJECTS, BUT MANY CAPITAL PROJECTS THAT THEY WOULD LIKE TO PROPOSE WOULD TAKE LONGER THAN A YEAR TO, GO OUT FOR BID, CONSTRUCT THINGS LIKE THAT.

SO THEY THEY WANTED A LONGER TERM.

[00:05:01]

AND SO THE CITY WAS OPEN TO THAT.

THEY REQUESTED FIVE YEARS.

WE'VE KIND OF SCALED THAT BACK TO FOUR.

SO YOU'LL SEE THAT IN THE AGREEMENT.

AND THEN ONE OTHER REQUEST WAS THAT THERE BE ONE CO-SPONSORSHIP AGREEMENT PER SITE LOCATION.

WHAT THAT IS REGARDING IS THAT IF, LET'S SAY ANGLETON GIRLS SOFTBALL ASSOCIATION HAS A, AN AGREEMENT WITH THE CITY FOR BATES PARK THAT WE DON'T THEN HAVE ANOTHER CO-SPONSORSHIP AGREEMENT FOR DAYS THAT THEY'RE NOT UTILIZING THE COMPLEX AT BATES PARK AS WELL.

AND SO WE'VE ADDED THAT LANGUAGE INTO THE AGREEMENT.

WE DID TAKE THAT AGREEMENT, MAKE THOSE REVISIONS BASED OFF THE RECOMMENDATIONS FROM THE PARKS AND RECREATION BOARD.

WE MADE THOSE REVISIONS ON THE 20TH, SEND IT TO RANDALL LAW OFFICE, AND REQUESTED THAT ALL OF THE ASSOCIATIONS PROVIDE ANY FEEDBACK BY JANUARY 15TH.

WE'VE RECEIVED NONE.

AND YOU DO HAVE A COUPLE OF EXECUTED AGREEMENTS HERE THIS EVENING WITH ALL OF THE REQUIRED SUPPORTING DOCUMENTS.

WE DID SPECIFY WHAT WAS REQUIRED AS A CONDITION OF USE, MEANING IF THEY DO NOT PROVIDE THOSE REQUIRED DOCUMENTS, WE WILL NOT EXECUTE AN AGREEMENT.

SO THOSE ARE SOME THINGS THAT WE HAVE SPECIFIED IN THIS AGREEMENT AS A CHANGE.

ONE OF THE OTHER SMALL THINGS, JUST FROM A MAINTENANCE PERSPECTIVE, IS THAT WE WERE PROPOSING FROM A STAFF PERSPECTIVE TO USE KEYCODE LOCKS INSTEAD OF KEYED LOCKS, SO THAT WE'RE NOT CHANGING IT EVERY TIME A BOARD MEMBER CHANGE, AT EACH OF THE SPORTS ASSOCIATIONS.

SO HISTORICALLY, WE WOULD HAVE TO CHANGE LOCKS AT OUR CONCESSION STANDS AND STORAGE AREAS, AND INSTEAD WE'LL BE MOVING FORWARD CODE LOCKS SO THAT THE CODE JUST IS CHANGED RATHER THAN THE ACTUAL COMPONENT.

SO I'LL OPEN IT UP FOR ANY QUESTIONS.

OTHERWISE YOU HAVE THERE A MORE THOROUGH SUMMARY IN YOUR PACKET AND ALL THE SUPPORTING DOCUMENTATION.

SO THE CHANGE WITH RANDALL LAW OFFICE OF ONE CO-SPONSORSHIP AGREEMENT.

IF IN THE CASE WHERE LET'S SAY SOFTBALL BECAUSE THEY'RE AN EASY TARGET.

THE CONTRACT IS WITH THE ASA.

RIGHT. BUT ONCE A YEAR THEY'VE BEEN HOSTING A TOURNAMENT THAT THE DISTRICT HAS BEEN HOSTING.

WOULD THAT? BE A SEPARATE CONTRACT OR WOULD IT FALL UNDER? WOULD ASA HAVE TO BE THE THE MAIN PEOPLE IN CHARGE? THEY'RE STILL SPONSORING THE TOURNAMENT.

THEY ARE THE INDIVIDUALS THAT FROM FROM WHAT WE KNOW HAVE BEEN HELPING SUPPORT THAT THROUGH VOLUNTEERISM AND MAKING THAT EVENT HAPPEN. SO WE CONSIDER THAT A SPONSORED AGSA TOURNAMENT, BUT IT'S RUN BY THE THE DISTRICT OR THE STATE THROUGH THEIR REFS. YES.

BUT I'M I'M UNCERTAIN.

I COULD NOT SPEAK TO HOW LOGISTICALLY WHO IS RUNNING WHAT, BECAUSE I DO KNOW THAT AGSA PUTS IN A GREAT DEAL OF WORK IN ORDER TO PREPARE THE FIELDS, ORGANIZE ALL THE CONTRACTORS, WHETHER IT'S ROLL-OFF, DUMPSTERS, PORTA CANS, WORKING THE CONCESSION, AND THE ACTUAL EVENT ITSELF.

I'M JUST THINKING OF SOCCER AS WELL.

SURE, THE SOCCER ASSOCIATION.

BUT THEN THERE'S BICEP THAT GOVERNS THEM.

IF THAT WAS THE I'M JUST TRYING TO THINK AHEAD OF AND PREVENT THAT FROM HAPPENING.

SURE. AND IN THAT CASE WE DO.

I'LL JUST TRY TO CLARIFY THE CO SPONSORSHIP AGREEMENT IN COMPARISON TO TOURNAMENT FEES AND RENTALS.

SO THAT MIGHT LOOK A LITTLE BIT DIFFERENT.

WE DO HAVE COMPLETELY DIFFERENT RENTAL FEES.

SO FOLKS COMING IN ASKING TO UTILIZE A FIELD, THEY STILL COME THROUGH US.

THE THE TYPICAL PROTOCOL AND PROCESS IS THAT WE WORK WITH THE ASA THAT HAS THE AGREEMENT ENSURE THAT IT'S NOT CONFLICTING WITH ANY OF THEIR VINCENT SCHEDULES, WHICH IS WHY THAT'S A REQUIREMENT OF THIS AGREEMENT.

AND AFTER WE CONFIRM THAT THERE IS NO CONFLICT, WE DO RENT THAT FACILITY.

SAME FOR, I WOULD SAY, TOURNAMENTS.

YOU WOULD GO THROUGH THE EXACT SAME PROCESS.

AND THAT IS ACTUALLY IN OUR CODE OF ORDINANCES AS WELL.

IF SOMEONE WANTED TO HOST A TOURNAMENT, THEN THEY'RE GOING THAT'S OUTSIDE OF THIS ASSOCIATION LED UMBRELLA.

THEN THEY WOULD BE RESPONSIBLE FOR FIELD RENTALS, LIGHT FEES, EVERYTHING ASSOCIATED WITH THAT.

AND THAT'S OUTLINED IN THE APPENDIX.

GOT IT. AND JOHN, JUST TO CLARIFY, THAT PROVISION WAS REQUESTED BY ASA.

SO WHEN THE REQUEST CAME TO ME I CALLED MEGAN.

OH THAT'S RIGHT SURE. DO YOU WANT TO DO THIS.

SO IT'S UP TO YOU GUYS IF YOU DON'T LIKE THAT.

I KNOW WHY THEY WANT IT, BUT IT'S, YOU KNOW, IT'S IT'S UP TO YOU.

WE CAN TAKE IT. I, I SPECIFICALLY TOOK IT OUT.

WE PUT IT BACK IN TO ACCOMMODATE THE ASA'S, IF CITY COUNCIL DOESN'T LIKE IT.

YOUR YOUR DECISION.

AND I THINK IF YOU LOOK IN THE AGREEMENT ON THAT SPECIFIED PAGE, JUDITH DID A GREAT JOB OF TERMING IT IN SUCH A WAY THAT, YES, WHILE THERE'S ONE CO-SPONSORSHIP PER SITE LOCATION, THIS COULD CHANGE AT ANY POINT IN TIME OR SOMETHING SIMILAR TO THAT EFFECT.

[00:10:01]

OF COURSE WE WOULD DO THAT WITH NOTICE, BUT SOMETHING THAT COULD BE CHANGED IN THAT LANGUAGE IS IN THE AGREEMENT.

SO YOU HAVE YOU SAID YOU HAVE TWO OF THE THREE.

WHICH ONE ARE YOU MISSING RIGHT NOW? WE ARE MISSING ANGLETON LITTLE LEAGUES.

I BELIEVE THAT IS PARTLY IN DUE TO THE FACT THAT THE PRESIDENT IS OUT OF STATE.

SO WE DO HAVE TWO THAT ARE SIGNED.

WE HAVE THE BACKUP DOCUMENTS.

WE DO HAVE THE DOCUMENTS FOR ANGLETON LITTLE LEAGUE.

WE JUST DON'T HAVE THE SIGNATURES.

OKAY. SO. SO JOHN, ARE YOU WORRIED ABOUT OUTSIDE ORGANIZATION TRYING TO SEND NOT WORRIED.

JUST TRYING TO PREVENT.

I'M JUST ASKING THE QUESTION FOR THE FUTURE.

IF SOMEBODY WERE TO COME AND SAY, YOU KNOW WHY THIS GROUP IS HOSTING THIS AND YOUR CONTRACT IS WITH THEM? I'M JUST TRYING TO I'M JUST THINKING OUTSIDE FOR BECAUSE FUTURE.

WHEN I THINK OF ASA OR AGSA, IT SEEMS LIKE THAT'S A PART OF THE USA SOFTBALL AND IT'S ALL TRICKLING DOWN.

SAME THING FOR ANGLETON YOUTH SOCCER.

IT'S ALL PART OF BISON, SO IT JUST TRICKLES DOWN.

SO IF BISON RUNS THE TOURNAMENT, TO ME IT'S STILL THE SAME.

I DON'T KNOW THE WAY I LOOK AT IT, IT'S STILL THE SAME SPONSORSHIP, BUT WELL THEN IT IS AND IT ISN'T.

RIGHT. THOSE GUYS AREN'T.

IT'S A DIFFERENT GOVERNING BODY.

WELL, BUT THEY'RE NOT A STATE ORGANIZATION THOUGH.

I'M JUST MAYBE WE'RE SPLITTING HAIRS.

YEAH. JUST ASKING THE QUESTION BEFORE IT COMES.

WELL, AGAIN THE WORDING IS IF THE CIRCUMSTANCES CHANGE, WHICH COULD HAPPEN, RIGHT? A NEW ORGANIZATION COULD COME ALONG OR SOME ORGANIZATION THAT'S IN ANOTHER PART OF TEXAS THAT'S NOT HERE YET COMES HERE.

THEN WE HAVE THE OPPORTUNITY TO GO BACK AND TALK TO THEM ABOUT HOW DO WE CHANGE THE AGREEMENT.

SURE. I'M NOT TRYING TO THROW A WRENCH INTO IT OR ANYTHING.

JUST ASK THE QUESTION. COUNCIL.

SO MEGAN, THIS IS ALL WITH THE FEEDBACK FROM PARKS BOARD AS WELL AS THE ORGANIZATIONS INVOLVED.

CORRECT. SO THE INITIAL FEEDBACK AND EMAILS THAT WE RECEIVED WAS PRIOR TO THE MEETING, DECEMBER 18TH WITH THE PARKS BOARD.

ONCE THE ASSOCIATIONS HAD AN OPPORTUNITY TO MEET, WHICH ALL OF THEM DID HAVE REPRESENTATION THERE, WE DID HAVE SOME SUGGESTED CHANGES, AT WHICH POINT WE WENT BACK AND SENT THE REVISED PROPOSED CHANGES ON DECEMBER 20TH.

WE DID NOT RECEIVE ANY ADDITIONAL FEEDBACK ONCE WE GOT THOSE REVISIONS BACK FROM RANDALL LAW OFFICE, AND I PERSONALLY WATCH MOST OF THAT MEETING, WENT BACK AND WATCHED IT, SO I KNOW IT WILL HURT A LOT OF THE ARGUMENTS.

SO THEN I MAKE A MOTION THAT WE APPROVE THE 2024 ATHLETIC SPORTS ASSOCIATION AGREEMENTS FEE SCHEDULE AND ATHLETIC COMPLEX MAINTENANCE AND AUTHORIZE THE CITY MANAGER TO EXECUTE THE AGREEMENT. SECOND.

MOTION BY MAYOR PRO TEM TOWNSEND.

SECOND BY COUNCILMAN ROBERTS.

ANY FURTHER DISCUSSION? AND DID YOU WANT IT FOR FOUR YEARS OR FIVE YEARS? SO WHAT YOU HAVE IN YOUR AGREEMENT IS FOR IT WAS ALSO PRESENTED TO THE ASSOCIATIONS WHILE THEY REQUESTED.

FIVE. WE SENT THOSE REVISIONS ON THE 20TH.

JUDITH RECOMMENDED.

FOUR I AGREE.

I MEAN WE CAN RENEW AND LOOK AT THE IT GIVES US AN OPPORTUNITY TO PAUSE AND REVISE OR REVIEW RATHER.

SO I'M AGREEABLE TO IT AND WE RECEIVE NO ADDITIONAL FEEDBACK FROM THE ASSOCIATION.

SO. GOOD.

ALL RIGHT. ANY FURTHER DISCUSSION? CALL FOR THE VOTE. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE.

AYE. OPPOSED? SAME SIGN. MOTION CARRIES.

THANK YOU. ITEM NUMBER FIVE.

[5. Update, discussion, and possible action on the City Hall Annex. ]

UPDATE. DISCUSSION AND POSSIBLE ACTION ON CITY HALL ANNEX.

MR. DIPTYCH, GOOD MORNING, MAYOR AND COUNCIL.

I'M JOHN TYPEKIT, SAFETY AND FACILITIES COORDINATOR FOR THE CITY.

UPDATING THE ANNEX. NEXT SLIDE.

JOHN, TALKING TO THE MIKE A LITTLE BIT MORE.

CAN YOU READ NOW? YEAH.

BETTER. YES. ALL RIGHT, SO THE FACILITY IS BROKEN UP INTO THREE SPOTS.

SUITE A WHICH IS GOING TO BE THE CITY SIDE.

IT IS ONE 11,344FT².

WE'RE LOOKING AT MOVING THE DIRECTORS FROM PUBLIC WORKS, PARKS AND REC ALONG WITH ALL THE FINANCE, UTILITIES AND IT DEPARTMENT.

SUITE B OVER HERE.

IT WAS RECENTLY RENOVATED AND IT WAS BROKEN INTO TWO THINGS, TWO SPOTS, ONE 724FT² AND THE OTHER ONE 1095FT².

AND IT'S ACTUALLY WE HAVE OUR LEASING PERSON THERE RIGHT NOW.

AND THEN SEE, WE'RE WORKING ON AT LEAST LIKE AT LEAST PERSON FOR THIS ONE.

IT'S IN THE WORKS RIGHT NOW.

NEXT SLIDE. SO HERE'S A BEFORE AND AFTER OF A LEASED SPACE.

BE. AND OUR NEW ATTENDANT.

[00:15:03]

NEXT SLIDE. SHE STARTED OPERATIONS.

JANUARY. RIGHT. JANUARY.

YEP. YEAH. THAT IS SMALL.

HOLD ON.

ALL RIGHT, HERE'S A LIST OF PROJECTS WE DID TO COMPLETE THE RENOVATION OF, SUITE B.

WE'RE STILL WAITING ON THE, WINDOW REP FOR, FIRST, LET'S SEE.

NOW THE NEXT QUESTION. NEXT SLIDE.

SO UNFORTUNATELY, WHEN WE TOOK OWNERSHIP OF THE BUILDING, THERE WAS NO OUTSIDE DISCONNECT, SO WE GOT THE POWER CUT.

WITH THAT HAPPENING, WE HAD TO GET AN OUTSIDE DISCONNECT, UPGRADE ALL THE OLD FEDERAL PACIFIC STUFF INSIDE THE ANNEX.

AND THEN HERE'S A PICTURE OF THE INSIDE OF THE ANNEX ON THE CITY SIDE.

NEXT SLIDE. HERE'S WHAT I CAN AFFORD WITH, MY ANNEX FACILITY BUDGET.

TRY TO KEEP IT ALL LOCAL.

NEXT SLIDE PLEASE. HERE'S A LIST OF PROJECTS YOU NEED TO MOVE INTO THE CITY SIDE OF THE CITY ANNEX.

WE SHOULD BE GETTING POWER AT THE ANNEX AT THE END OF THIS WEEK OR EARLY NEXT.

I GOT A COUPLE QUOTES FOR A CITY SIDE REMODEL.

ALSO WITH FIRE DETECTION, FIRE SUPPRESSION WE DID NOT END UP NEEDING.

AFTER TALKING WITH THE CITY'S FIRE INSPECTOR AND THE CBO, IT WAS DETERMINED WE DID NOT NEED IT.

IT IT'S ACTUALLY BROKEN DOWN TO CITY ACCESS CONTROL, CAMERAS, MULTI CAMERAS, NETWORKING, FIBER SIGHT AND CABLING, CABLING ON THIS ACS.

I'VE ACTUALLY TALKED WITH THE AC COMPANY AND DID THE ASSESSMENT.

THEY ARE ALL WORKING ORDER.

HE DID IT BUT IT HAS BEEN SITTING FOR A WHILE.

HOW MANY UNITS ARE THERE ON THE AC? THERE IS THREE ON THE LEASE SIDE AND FOUR ON THE CITY SIDE.

AND THEN ONE FOR THE ATRIUM.

OKAY. AND THAT WILL BE THE TOTAL.

FOR US TO BE ABLE TO MOVE IN.

I PUT THE ROOF ON THE BOTTOM.

THE ROOF WAS INSTALLED IN 2011, BUT UNFORTUNATELY WE DO NOT HAVE A WIZARD ON IT.

I TRIED TO REACH OUT TO THE COMPANY.

IT WAS NEVER SUBMITTED.

SO WITHOUT WINDSTORM, WE'RE LOOKING AT $68,000 A YEAR WITH IT, $52,000 A YEAR.

AND THAT'S JUST FOR WINDSTORM.

THAT'S NOT INCLUDING FIRE, FLOOD OR ANYTHING LIKE THAT.

DID WE GET AN INSPECTION ON THAT ROOF? THE 2011 ROOF.

I HAVE, NO, I DO NOT, MAYOR.

SO WE DON'T. SO JUST WE NEED SOMEBODY INDEPENDENT TO TELL US HOW WHAT THE CONDITION OF THAT ROOF IS.

JUST TO SEE IF IT'S OKAY.

JUST AN IDEA.

WE'LL DO. SO YOU FOUND OUT WHO PUT THE ROOF ON IN 2011? YES, SIR. AND THEY DIDN'T.

THEY DID NOT SUBMIT FOR WINDSTORM INSPECTION.

THEY DID NOT. AND THAT PHONE NUMBER I GOT FOR THEM WAS NO LONGER CONNECTED.

SO YOU DIDN'T TALK TO THE COMPANY THAT PUT THE ROOF ON? YOU JUST FOUND OUT THE NAME OF WHO PUT THE ROOF ON? YES. OKAY.

YOU KNOW, IF THEY'RE STILL IN BUSINESS.

I CALL THAT NUMBER.

AND THEY WERE NO LONGER AT THAT SITE.

HOW DID YOU FIND THE NUMBER? THE THE GUY THAT SOLD US THE BUILDING, HE HAD A BUNCH OF A NUMBER FOR ME.

HAVE YOU EVER GOOGLED HIM? I DID TRY GOOGLING.

I MEAN, YOU'RE GONNA ASK, ANYBODY IN LOCALLY THAT MAY KNOW HOW TO REACH HIM.

EVER REACH OUT TO ANY SORT OF CONTACT? DO NOT TRY THE. I MIGHT BE ABLE TO HELP.

THERE'S GOT TO BE SOME OTHER. THERE'S A STATE AGENCY, AND I'M FRIENDS WITH A COUPLE OF PEOPLE IN AUSTIN.

AND WHENEVER I HAVE A PROBLEM WITH PEOPLE THAT AREN'T VERY HONEST ON THE INSERTS, I DEAL WITH THEM.

THEY'VE GOT A LEGAL DEPARTMENT, SO THAT'S NOT TOO DIFFICULT.

THAT TAKES A PHONE CALL.

JOHN, RUN BACK THROUGH THE ROOF STUFF.

YOU WERE TALKING A LITTLE BIT QUIET.

I DIDN'T QUITE GET ALL THIS WITH OR WITHOUT OR WHATEVER.

SO FOR THE ROOF, IT'S.

THERE'S TWO LAYERS ON THE ROOF I GOT PRICING.

DO YOU HAVE IT THE FIRST LAYER REMOVED.

THAT WAY WE CAN GET WINDSTORM.

I ALSO WENT DOWN THE AVENUE OF LIKE POSSIBLY GETTING IT PAINTED AND MORE ANCHORS PUT DOWN THAT WE CAN'T GET WINDSTORM THAT WAY, BUT WITHOUT WINDSTORM FOR TECH OR.

INSURANCE WITHOUT IT, $68,000 A YEAR WITH IT, $52,000 A YEAR.

[00:20:02]

IN BRAZORIA COUNTY. NO, I'M NOT FOLLOWING WHAT YOU'RE SAYING WITH.

WITH IT OR WITHOUT WHAT? WINDSTORM CERTIFICATE? WITHOUT A CERTIFICATE? WITHOUT A CERTIFICATE. OKAY, THAT'S THAT'S WHAT I'M TRYING TO SEE.

WHAT? YOU'RE WHAT YOU'RE TALKING ABOUT.

ALL RIGHT. I WOULDN'T EVEN THINK THEY'D HARDLY GIVE YOU INSURANCE WITHOUT A WINDSTORM CERTIFICATE.

AND THEY'LL GIVE YOU A CERTAIN AMOUNT OF INSURANCE.

YEAH, WITHOUT A WINDSTORM CERTIFICATE.

OKAY. ALL RIGHT.

JOHN DOES THAT 444,000 TOTAL UP ALL THE ITEMS ABOVE IT.

KNOW THE POWER OF THE AX WAS ALREADY BEEN FUNDED, SO IT'S EVERYTHING BELOW THAT.

OKAY, SO FROM THE 274,000 DOWN TO THE 6000, THAT'S TOTALING UP TO 444,000.

YES, I KNOW THAT, BUT HE WOULDN'T EXPLAIN WHAT HE'S TALKING ABOUT.

DOES IT HAVE A BREAK OUT OF THAT 76,000.

WHAT IS IT? HAVE A BREAK FROM IT FOR IT.

YES. SO FOR CITY ASSETS CONTROL 11,675 FOR CAMERAS, 7500 FOR MULTI HEAD CAMERAS, 10,000 FOR NETWORKING, $28,282.08 FOR FIBER TWO SITE THAT'S ENGINEERED NOT CERTIFIED 15,000 AND THEN CABLING 3600. DO YOU THINK THERE'S ANY FRILLS IN THAT? I KNOW, AND WE CAN ECHELON A LITTLE BIT OF THAT, BUT WE NEED TO YOU KNOW, PART OF THAT IS PUTTING IN THE THE BADGE ACCESS AT THE DOORS.

SO WE'RE NOT RUNNING AROUND WITH, YOU KNOW, 25 KEYS.

WE'VE GOT TO HAVE CAMERAS.

I MEAN, THAT, YOU KNOW, LIKE MERLE NORMAN AND THE OTHER VENDORS ARE OVER THERE AT NIGHT AFTER CITY HOURS.

SO, YOU KNOW, WE'VE GOT TO HAVE CAMERAS TO KEEP AN EYE ON THE ATRIUM OR THEM WALKING OUT AND THOSE KINDS OF THINGS.

TECHNOLOGY IS EXPENSIVE, BUT THE BADGING END OF IT OUGHT TO BE PRETTY SIMPLE, RIGHT, CHRIS? WHAT'S THAT? THE SIGNED BADGING, END OF IT.

IF YOU'VE GOT A CARD THAT ALLOWS YOU IN, THAT OUGHT TO BE PRETTY SIMPLE.

YEAH, BUT WE HAVE I THINK I MEAN, I'VE GOT I'VE GOT CARDS TO ALLOW ME INTO MULTIPLE ACCESS AND MULTIPLE FACILITIES.

WE OWN LIKE NINE DIFFERENT COMPANIES.

AND I CAN WALK IN THERE AND SURE, I MEAN, YOU GUYS CAN DO IT TOO.

AND THERE'S, THERE'S LIKE FOUR DOORS I BELIEVE SO.

I'VE GOT LIKE I MEAN, WELL AGAIN, WE CAN GO BACK AND LOOK AT THAT.

I MEAN, MAYBE LIKE ON THE WEST SIDE, THERE'S NOT THE ATRIUM, BUT THERE'S A SINGLE DOOR THERE THAT COMES INTO THE MIDDLE OF THE BUILDING.

YOU KNOW, MAYBE WE DON'T MAKE THAT CARD ACCESS RIGHT NOW.

RIGHT? WE JUST IT SHOULD REALLY BE THE ONLY ONE THAT HAS THE ACCESS, FOR EXAMPLE.

AND WE COULD DO LEAVE IT KEYED OR THE, THE SPECIAL KEY, NOT THE NORMAL KEY AND ALL THOSE KIND OF THINGS.

AND THAT'LL CUT DOWN ON COST.

OR WE CAN DO IT IN THE BUDGET AT A LATER TIME.

AND THEN WHAT'S THE BREAKDOWN OF THE 274,000? ON THE CITY SIDE OF REMODEL BECAUSE I'M LOOKING AT THE CITY SIDE REMODEL AND THE IT TOGETHER.

THAT'S ALMOST 350,000 RIGHT THERE.

SO I DON'T HAVE A BREAKDOWN. BUT THE FIRST PICTURE, EVERYTHING YOU SAW ON THE PICTURE IS EVERYTHING.

YOU'D BE GETTING THE WALLS, THE THE SECURITY DOORS, ALL THE CABLE DROPS TO THE OFFICES AND EVERYTHING LIKE THAT.

ARE YOU GOING TO DO A PHASED APPROACH ON BRINGING PEOPLE OVER? ARE YOU TRYING TO DO IT ALL IN ONE FELL SWOOP AND THEN MOVE EVERYBODY OVER? SO, YOU KNOW, ULTIMATELY I LIKE TO BRING UTILITIES OVER IN FINANCE BECAUSE THAT FREES UP SPACE HERE IN CITY HALL.

YOU KNOW, THE PUBLIC WORKS AND PARKS FOLKS, DON'T NECESSARILY NEED TO COME OVER RIGHT AWAY BECAUSE THEY'RE DOWN IN THE MODULAR OFFICE, WHICH WILL BE THERE FOR ANOTHER YEAR AND A HALF. SO, YOU KNOW, WE DON'T NEED TO DO IT ALL.

WE DON'T NEED TO MOVE EVERYONE IN THERE AT ONCE FROM THE CITY SIDE.

IS THAT 274,000 INCLUDE TAKING OUT THE OTHER TWO LANES OF THE DRIVE THROUGH.

NO, IT DOES NOT. SO THAT WOULD JUST SIT THERE? YES. I JUST WONDERED IF THERE WAS ANY COSMETIC.

THAT CAN BE PULLED OR SAVED.

WELL, IF WE DID THIS, INVESTMENT.

WHAT WOULD YOU ALL EXPECT? A TIMELINE.

FROM SITUATION NOT TO COMPLETE IT.

I'M SAYING ONCE IT'S COMPLETE, HOW LONG WOULD YOU EXPECT US TO STAY IN THIS CONFIGURATION OR THIS LOCATION?

[00:25:02]

WELL, BASED ON CURRENT STANDARDS, COULD BE A COUPLE DECADES.

OKAY. I MEAN, IT'S JUST.

I MEAN, SO WE'RE MAKING THAT KIND OF INVESTMENT.

SURE. WHAT I'M TRYING TO FIND OUT IS IF WE'RE GOING TO MAKE.

YOU KNOW, SIZABLE INVESTMENT, THEN I WOULD THINK WE'D PROBABLY WANT TO GET A LITTLE RETURN ON OUR MONEY BY STAYING HERE FOR A LITTLE WHILE.

IF WE THINK WE'RE TRYING TO MOVE A DIFFERENT DIRECTION AND UTILIZE THAT LAND OR SPACE TO BUILD SOMETHING DIFFERENT.

AND MAYBE WE SHOULD BE LOOKING AT THAT AND MINIMALLY UPGRADING, YOU KNOW, AS LIGHT AS POSSIBLE.

BUT THE FUNDAMENTAL PROBLEM IS WE'VE ALREADY SIGNED, YOU KNOW, 2.5 MILLION IN THERE THAT WE'RE GOING TO FINANCE FOR THE NEXT 20 YEARS.

WELL, IN MY THOUGHT PROCESS WAS ALWAYS NOT JUST THE BUILDING.

I DIDN'T THINK THE 2.5 WAS THE PURCHASE JUST OF THE BUILDING.

I THOUGHT A LOT OF IT IS RIGHT.

WELL, I KNOW, BUT LONG TERM IT WAS THE ACCESS TO THE LOCATION.

RIGHT. YOU'RE AT THE CORNER OF 35 AND THE LOOP.

TO ME. HE OWNS THE WHOLE BLOCK.

YEAH, ALMOST.

WE'RE NOT MAKING. THIS IS NOT THE, YOU KNOW, GOLD STANDARD.

WE'RE GETTING THE 80S CARPET OUT.

WE'RE PUTTING IN THE FRESH COAT OF PAINT.

WE'RE BUILDING OUT OFFICES.

WE'VE GOT PLACES THAT, FOR EXAMPLE, LIKE IT.

THAT'S AN OPEN AREA WE'VE GOT TO BUILD, YOU KNOW, A SMALL WALL.

WE'VE GOT TO BUILD DOORS THAT THAT HAVE SECURITY ACCESS ON IT SO THAT, YOU KNOW, THAT'S THAT IT STUFF IS SAFE.

WE HAVE AN AREA THAT'S A GREAT PLACE FOR A CONFERENCE ROOM.

WE'VE GOT TO WE'VE GOT TO BUILD IT SO IT'S USABLE AND NOT THROW SOME PARTITION WALLS IN THAT REALLY DON'T BENEFIT US IN THE IN THE SHORT TERM.

THERE'S A LOT OF JUST DESIGNED OFFICE SPACE.

THAT DOESN'T DESIGNATE AN OFFICE HOLDER, IF YOU WILL, OR A I GUESS, I GUESS SO I GUESS IT'S PUBLIC WORKS. YEAH.

SO WE WOULD EXPECT I'M NOT FAMILIAR WITH.

THE HEAD COUNT THAT, SEVEN OFFICES FOR PUBLIC WORKS IS THAT? WELL, THAT'S SO ON THE EAST ON THE.

WE'LL GO BACK TO THE DIAGRAM THERE.

JOHN, CAN YOU BACK TO THE SECOND SLIDE, PLEASE? SO, SO TECHNICALLY IT'S THE EAST SIDE, BUT THE BOTTOM HALF THERE, NEXT TO THE LOBBY IS, IS BOTH PUBLIC WORKS AND PARKS AND REC SENIOR STAFF.

SO REMEMBER WE HAD THE ORIGINAL CARMACK BUILDING TO BE A THREE STORY BUILDING WHICH INCLUDED ALL THOSE OFFICES.

AND WE SCALED IT DOWN TO ONE STORY.

SO WE'RE TAKING THOSE FUNCTIONS AND MOVING THEM OVER HERE.

AND THAT'S FINE. THE THE WAY I READ THIS.

DIAGRAM. I DON'T SEE IT SAYS PUBLIC WORKS.

DOESN'T SAY. PARKS AND REC, SO THAT'S FINE.

I WAS JUST CURIOUS. I ONLY SIX PUBLIC WORKS.

IS THERE ANYBODY ELSE DOWN THERE ON THE BOTTOM THAT'S NOT PUBLIC WORKS? YOU ARE? YEAH.

MEGAN AND JASON WILL BE IN THE TWO BACK OFFICES BACK HERE.

OKAY. AND THEN.

THE PUBLIC WORKS DIRECTOR AND THE ASSISTANT.

THEY'RE TALKING ABOUT TURNING THAT INTO, LIKE, A CHART ROOM FOR ALL THE CITY DRAWINGS.

OKAY. AND THERE'S LIKE, A PRINTER ROOM.

THAT'S FINE. I JUST WAS TRYING TO SEE IF MAKE SURE WE NEEDED THAT MUCH, BUT THAT'S FINE.

HOW ARE YOU GOING TO ACCESS THOSE OFFICES? A SECURITY DOOR RIGHT HERE. SO YOU'RE GOING TO WALK THROUGH ONE OFFICE TO GET TO THE REST OF THEM.

NOW THIS IS THE ATRIUM RIGHT HERE.

THIS IS THIS IS WIDE OPEN.

YEAH, BUT IT SAYS OFFICE HERE.

SO WE'RE GOING TO WALK THROUGH AN OFFICE TO GET TO THE HALLWAY TO GET TO THE OTHER OFFICES.

IT DOES SAY OFFICE, BUT THEY THEY'RE TALKING ABOUT A TREE THAT'S LIKE A LITTLE COFFEE ROOM.

PUT A PRINTER OUT THERE.

SO IT'S ONE ROOM THAT'LL OPEN UP INTO THE HALLWAY, WHICH THE DIRECTORS WILL BE ON EITHER SIDE OF THAT OR IN THE BACK.

TO ME, THAT SEEMS AN EASY FIX THAT CAN BE RECONFIGURED, AT LEAST FOR SOME DOORS INTO IT, BECAUSE I AGREE IT WOULD BE.

I WOULD HATE TO BE THE PERSON OCCUPYING THE OFFICE THAT EVERYBODY IS PASSING THROUGH.

WELL, AND TECHNICALLY THAT COULD BE, YOU KNOW, A RECEPTIONIST OR SECRETARY OR ADMIN ASSISTANT STORE IS FINE.

I'M JUST SAYING IT COULD BE RECONFIGURED.

IT MAY NEED TO BE BECAUSE AGAIN, WE WERE, YOU KNOW, JUST TRYING TO MAKE USE WHAT? YOU KNOW, WHAT'S THERE.

SURE. BUT WHY THAT TOP SIDE OF THAT HALLWAY? IF YOU TOOK A LITTLE SPACE OUT OF THAT, YOU KNOW, NORTHEAST OR NORTHWEST CORNER ADDED A LITTLE TO THE OTHER OFFICE, YOU WOULD JUST COME UP WITH THE SAME RESULT.

[00:30:05]

SO IT'S IT'S A LITTLE PATHWAY WHICH BELIEVE ME, I'VE, I'VE WORK TO DO IS REDESIGN HALLWAYS AND TURN THEM INTO.

LIKE ACCESSIBLE OFFICES.

YEAH, BUT CAN YOU GO BACK A SLIDE, PLEASE? DO NOT DO THAT OR FORWARD A SLIDE.

THERE WE GO. NOPE.

NO MORE. ANOTHER ONE.

THAT'S THE ONE. ALL RIGHT, SO ON THE RIGHT SIDE, WE'RE AT THE WE'RE FROM THE ATRIUM LOOKING INTO THE THE OUR SIDE.

RIGHT. YES. AND ON THE RIGHT SIDE UNDERNEATH THAT OVERHANG IS THAT WHERE THESE OFFICES ARE, THESE TEN BY TEN.

YES. YES, MA'AM. AND OVER HERE WILL BE THE CONFERENCE ROOM.

OKAY. SO WHAT'S THE WIDTH BETWEEN THOSE TWO? AFTER YOU DO ALL THIS.

FROM THIS WALL OVER HERE TO WHERE THE NEW WALLS OR THE NEW OFFICES WILL BE.

WHAT'S THE WIDTH OF THAT? I DON'T THE EXACT MEASUREMENT, BUT SEE RIGHT HERE, IT'S COMING DOWN.

WE'RE GOING TO BE FLUSH. WE'RE GOING TO BE FLUSH WITH THAT.

RIGHT. AND ON THIS SIDE WE'RE GOING TO BE FLUSH WITH THAT.

SO IT'S IT'LL STAY THE SAME IN BETWEEN IT AS IT IS RIGHT NOW.

IT'S LIKE 15FT OKAY.

THAT'S SUFFICIENT. OH IT'S WIDE.

IT'S WIDE. AND WHAT? WHAT'S THE SQUARE FOOTAGE? THAT IT ROOM.

WHERE IS THAT? PRETTY BIG.

WHY? WHY DOES IT NEED THAT HUGE AREA? WELL STORAGE AND WORKSPACES.

SO THEY'VE GOT FOUR.

THEY HAVE FIVE PEOPLE.

FOR PEOPLE. POOR PEOPLE AND YOU NEED STORAGE SPACE FOR ALL THE OTHER STUFF.

IF YOU GO DOWN TO THE, YEAH.

THE MOBILES. YEAH, YEAH, I'VE BEEN IN THERE.

YEAH. I TOOK THAT ONE ROOM AND MADE IT THEIR STORAGE.

RIGHT. THAT ROOM IS A LOT SMALLER THAN THAT ONE, RIGHT? BUT I MEAN.

LET'S TAKE. AGAIN.

REMEMBER, WE'RE WE'RE JUST TRYING TO WE'RE GROWING THIS FOR THE FUTURE SO THAT TRYING TO GET IT THROUGH, YOU KNOW, AS, AS DEPARTMENTS GROW AND OR THEY NEED MORE STUFF OR WHATEVER.

WE'VE GOT THAT SPACE.

I MEAN, ONE OF ONE OF THE THINGS IS REALLY PREMIUM AROUND HERE IS SPACE.

WE'RE DOWN TO ONE STORAGE SPACE IN CITY HALL.

AND THESE ARE TEN BY TEN OFFICES ON THE ON THAT SIDE.

SO WHAT THAT SAYS YES.

YES. KIND OF BLURRY.

SO MAKING SURE.

I MEAN, SO TO GO TO JOHN'S POINT EARLIER.

JOHN WRIGHT, THAT IS, MR. MAYOR. IS IT I JUST BETTER FINANCIALLY FOR US TO DO THIS AT ONE POINT, AS OPPOSED TO DO A PHASED APPROACH? I KNOW USUALLY WITH THE PHASED APPROACH, THE, YOU KNOW, SECOND, THIRD PHASES START INCREASING BECAUSE OF COSTS AND LABOR EXPENSES AND YOU GET A LITTLE MORE BANG FOR YOUR BUCK DOING IT AT ONE TIME.

BUT IS IT REALLY? THAT'S WHAT I'M JUST TRYING TO MAKE SURE.

IT JUST SEEMS LIKE EVERY TIME WE TRY TO TAKE A PHASED APPROACH, INFLATION GOES HIGHER.

AND THEN THE WHAT OUR DOLLAR IS NOW AND SIX MONTHS IS DOESN'T GO AS FAR IN A YEAR FROM NOW.

AND. I'M NOT AGAINST DOING IT IN ONE FELL SWOOP, BUT I JUST I NEED TO UNDERSTAND THE BUDGETING.

HOW HOW IS THIS GOING TO BE PAID FOR? THAT'S WHY I'M ASKING ABOUT A PHASED APPROACH, BECAUSE WE DO HAVE BONDING CAPACITY OVER THE NEXT SEVERAL YEARS.

BUT IF YOU TAKE A CHUNK OF, LET'S SAY BEST CASE 444,000, HOW DO YOU WHERE IS THAT MONEY GOING TO COME FROM IN ONE FELL SWOOP? WE HAVE TWO BONDS.

WE HAVE THE ONE THAT'S ALREADY EXISTING THAT WE HAVE, YOU KNOW, ALREADY SPENT QUITE A BIT OF IT.

AND THEN WE HAVE A NEW ONE. WE'RE ABOUT TO GO OUT FOR THAT.

FRANKLY, I DON'T WANT TO SPEND ANY MORE OF THAT MONEY ON THIS.

AND, YOU KNOW, HOW DO WE FUND IT? THAT'S WHY I'M ASKING ABOUT A PHASED APPROACH.

IF WE GO OUT FOR DEBT IN TWO YEARS, COULD WE BRING MORE IN? SO FIND WAYS TO DO IT.

HOW MUCH DO WE HAVE LEFT ON THIS, THE CURRENT EXISTING BOND THAT WE HAVE.

SO THE EXPENSES TO DATE, WE BOUGHT THE GENERATOR ON THE TRAILER THAT WAS 100 AND SOME THOUSAND.

WE REALLY HAVEN'T SPENT MUCH ON THE OK THE OTHER, THE SCARY PART.

RIGHT. BUT THAT'LL COME OUT SOON.

[00:35:03]

WE'LL FIGURE THAT OUT.

WE'RE SUPPOSED TO DO FIRE STATION THREE BUILDING, WHICH WE HAVEN'T DONE.

WE HAVEN'T DONE ANY ROADS, WHICH IS IN THAT BOND.

RIGHT. SO WE REALLY HAVEN'T DONE ANYTHING OTHER THAN WE PUT.

WELL, WE PUT 2.5 MILLION IN TOWARD THIS BUILDING OUT OF THAT BOND SO FAR.

WE SPENT 85,000 ON THE ROOF.

ON THE ELECTRICAL? YES. YEAH. WELL, A LITTLE BIT ON THE RENOVATIONS ON THE LEASE SIDE TOO.

I DO THINK 100,000.

YEAH. ONE OF THE THOUGHTS THAT CROSSED MY MIND IS WHEN THIS FIRST PRESENTED WAS.

IT WOULD BE HELPFUL TO SEE WHERE WE ARE WITH THE KMART.

WHEN WE'RE TALKING ABOUT THIS, YOU KNOW, IT WOULD HELP US TO CONCEPTUALIZE WHAT'S GOING TO GO IN PLACE THERE VERSUS WHAT IS NEEDED HERE.

YOU KNOW, MAKING SURE WE'RE NOT.

SO THAT'S WHY WE'RE HERE, BECAUSE ONE OF THE DISCUSSIONS IN A PREVIOUS COUNCIL MEETING WAS, YOU KNOW, WE HAD PRIORITY OF THE CMCC, BUT WE'RE GOING OUT FOR THE FIRE STATION NUMBER THREE. AND SO I WANT TO MAKE SURE I'M THAT WE'RE SYNCED WITH YOU ALL ON.

HERE'S WHERE WE'RE AT.

HERE'S AN UPDATE.

HERE'S WHAT WE HAVE TO DO.

AND THEN HOW DO HOW DO WE GET THERE? I MEAN, SO I STILL THINK KMOX'S A PRIORITY NOW.

YEAH I AGREE. KAIMUKI IS THE PRIORITY.

IT'S $7 MILLION, RIGHT? THAT'S HOW MUCH WE BUDGET FOR THE KAIMUKI AND THE ORIGINAL STANCE.

AND THEN WE SAID, OKAY, WELL, OF THAT 7 MILLION, WE'LL SCALE IT DOWN.

WE'LL TAKE 2.5 MILLION AND BUY THIS BUILDING AND DO SOME RENOVATIONS ON IT.

I THINK THE LATEST FIGURE, WHAT WAS IT FROM BRANT FOR MILLION? WAS IT 4 MILLION DOWN DOWN THERE, WHICH BASICALLY LEFT US 500,000 TO DO RENOVATIONS.

AND WE'VE SPENT.

86,000, PLUS THE 100,000 THAT WE DID ON THE WE HAD FOR THE LEASE SIDE.

SO. HOW MUCH CAN WE FIT IN? WE'RE CLOSE. WE'RE CLOSE.

RIGHT. SO THAT'S WHY I'M.

WE GOT TO. WE WE CAN DO IT OUT OF THIS BUDGET IF WE PULL FROM SOMETHING ELSE.

YOU KNOW, THE REALITY IS.

AND THEY WON'T LIKE HEARING THIS.

BUT YOU COULD PULL FROM THE FIRE.

YOU STILL HAVE MONEY LEFT OVER FOR THE FIRE AND THEN TAKE THE NEWEST.

DEBT ISSUANCE.

YOU COMPLETE THE FIRE.

SO I THINK WE HAVE TO BE CAREFUL IN THAT.

WELL, I'M NOT SURE YOU CAN SPLIT THE PROJECT.

OKAY. AND SO WE NEED TO TALK TO OUR BOND COUNSEL AND OUR ATTORNEY.

FOR EXAMPLE, IF YOU SAID, WE'RE GOING TO JUST DO THE CONCRETE SLAB FOR FIRE STATION NUMBER THREE, I'M NOT SURE CONFIDENT ENOUGH TO TELL YOU WHETHER WE CAN COME BACK IN THE NEXT BOND, BUILD THE BUILDING.

RIGHT. NOW AN OPTION WOULD BE IN FIRE STATION THREE.

YOU COULD SCALE THAT PROJECT DOWN TWO BAYS INSTEAD OF THREE BAYS, BUT MAKE IT SO IT'S EXPANDABLE.

IT GETS RID OF SOME OF THE CONCRETE.

AND SO NOW NOW YOU'VE GOT, YOU KNOW, A BUILDING THAT COMES IN AND MEETS MORE OF YOUR TARGET OF $500,000.

AND THEN SUBSEQUENT YEARS, YOU CAN COME BACK AND SAY, ALL RIGHT, LET'S ADD ANOTHER BAY.

WE'LL ADD THE CONCRETE AND AND STUFF THAT GOES WITH IT.

YOU PUT A DOOR, WHATEVER.

IT'S TWO BAYS, I DON'T KNOW, BUT IT'S CONFIGURED WELL THAT YOU CAN EXPAND THAT BUILDING IN THE FUTURE.

COULD, BUT I'M WAITING ON, YOU KNOW, ALL THIS TO KIND OF TRANSPIRE BEFORE I BRING THAT BACK AND SAY, WELL, HERE'S ANOTHER OPTION.

I WANT TO SEE WHERE WE'RE AT ON THE MONEY.

WE'RE GOING TO BE SHORT ABOUT 300,300.

YEAH. DO WE MAKE THE NEXT BOND THAT WE HAVEN'T GONE OUT FOR YET? AN EXTRA 300,000.

DID WE CUT FROM? ONE OF THE OTHER ITEMS. WELL, I MEAN, WE WE DID ALLOW.

IN THE DISCUSSIONS WITH JOE.

SOME RESERVE.

RIGHT. WE LEFT.

WE WEREN'T CONSERVATIVE. THAT'S CORRECT.

WE COULD EXTEND OURSELVES A LITTLE FURTHER.

AND I THINK 300,000 WOULD STILL BE UNDER THE FULL BUDGET.

NOT BY MUCH. I MEAN, YOU'D STILL BE.

THEY I THINK IT WAS ANOTHER $500,000 COULD POTENTIALLY CAPACITY COULD GO INTO.

SO, LIKE IT SAYS, NOT A LOT.

RIGHT? I MEAN, IT WAS WE'RE DOING TEN AND WE COULD HAVE DONE UP TO 10.5.

[00:40:01]

AM I WRONG NUMBERS? NO. YOU'RE RIGHT. SO.

SO MY QUESTION WOULD BE GOING BACK TO THE ROOF.

IS THAT GOING TO BE AN EXTRA COST OVER THE EXTRA 300,000 THAT WE NEED.

YES. SO WE'RE REALLY MORE.

YEAH. BUT BUT AGAIN LIKE WE SAID, YOU COULD YOU COULD ASSUME SOME RISK AND THEN DO IT IN A FUTURE BUDGET YEAR AND TAKE CARE OF IT.

THAT'S WHY I MOVED IT.

THAT'S WHY WE MOVED IT DOWN OUT OF THE.

BECAUSE IT'S NOT LIKE WE HAVE TO DO IT TOMORROW TO GET IT OPERATIONAL.

IT'S. YOU KNOW, AND AGAIN, YOU GOT TO WEIGH WHAT ARE YOU PAYING IN INSURANCE VERSUS THE TIME YOU WHATEVER AND THE COST OF THE ROOF.

YEAH. I'D LIKE A COMPARISON OF, WHAT OUR COVERAGE WOULD BE PAYING THE 68 VERSUS WHAT IT WOULD BE WITH THE NEW ROOF AND THE 52. YES.

YEAH. SO THAT WE CAN.

VERSUS HOW MUCH IT COSTS ALTOGETHER.

AND THE EXTRA JUST TO SEE, YOU KNOW, IF THAT DOES MAKE SENSE, BECAUSE IF THE COVERAGE IS LIKE VASTLY DIFFERENT AND GOING TO PUT US IN A PICKLE, THEN THAT WON'T.

SO I THINK THE NUMBER YOU SAID WAS LIKE, WAS IT $12,000 DIFFERENCE OR SOMETHING, SOMETHING LIKE THAT, 62 TO 50 SOMETHING.

SO IT'S LET'S SAY IT'S TEN.

LET'S SAY IT'S 10,000 A YEAR.

YOU KNOW, OVER TEN YEARS YOU'LL PAY 100,000 IN EXTRA INSURANCE.

BUT IS THE COVERAGE IDENTICAL? TO. TO MY KNOWLEDGE. TO MY KNOWLEDGE, YES.

IT'S JUST THE DIFFERENCE OF THE ROOF.

WHETHER IT'S CERTIFIED VERSUS NON CERTIFIED.

RIGHT. LET ME GO BACK.

IF JUDITH WERE, SAY, ABLE TO GET A HOLD OF THIS COMPANY THAT DID THE OR AT LEAST DO IT RIGHT NOW IF YOU COULD TELL ME THE NAME.

SO THERE'S A STATE REGISTRY THAT I'VE HAD TO GO TO NUMEROUS TIMES.

DO YOU KNOW THE NAME OF THE ENTITY? I DON'T HAVE IT ON ME RIGHT NOW. OKAY, OKAY.

BUT I'M ASSUMING, LIKE SOMETHING THAT COULD BE DONE, LIKE PRETTY QUICKLY.

YES. AND SO THERE MAY BE AN OPPORTUNITY THERE THAT IF WE WERE ACTUALLY TO RECOVER THAT CERTIFICATE.

I MEAN, WHAT? WHY DON'T WE AT LEAST EXPLORE THAT OPPORTUNITY? AT LEAST YOU KNOW, AND SEE WHERE IT GOES.

IT MAY NOT TURN UP TO ANYTHING, BUT IF WE HAVE THE CHANCE TO DO A LITTLE LEGWORK ON RESEARCH AND SOME PHONE CALLS AND SAVE THOUSANDS OF DOLLARS, I THINK IT WOULD BE WELL WORTH OUR TIME. NO, WE CAN'T DO THAT.

YEAH, ABSOLUTELY. SO.

AND THEN. THAT MAY AFFECT YOUR, YOU KNOW, CALCULATIONS BECAUSE, HEY, WE'RE IN A POSITION WHERE WE HAVE THAT CERTIFICATE.

SAVE US A LITTLE MONEY, ALTHOUGH THAT WAS OUTSIDE OF THE 444,000.

RIGHT. I UNDERSTAND THAT, BUT I MEAN, IT GETS US ON THE INSURANCE PART.

IT SAVES US MONEY ANNUALLY.

AND YOU KNOW HOW WE PINCH THOSE PENNIES? I MEAN, $12,000 COULD BE USED.

OH, YEAH. ANNUALLY.

SOMEWHERE ELSE. I DON'T KNOW.

SO I THINK I THINK IT WOULD BE A WASTED OPPORTUNITY NOT TO EXPLORE.

THAT'S ALL. JOHN, DO I NEED TO GET THE BOY SCOUTS OUT TO DO SOME ATRIUM PAINTING FOR $6,000 SAVINGS? THAT'S A LOT OF SERVICE HOURS.

AS LONG AS IT'S NOT BOY SCOUTS COLORS, YOU KNOW.

NO. JUST GIVE ME THE PAINT.

IT'S MATCHING. RIGHT, LOOPY.

SAVE MONEY WHERE WE CAN.

JUST FIND OUT WHAT COLORS GONE OUT OF.

SO SO SO I'M LOOKING FOR A LITTLE DIRECTION.

YOU KNOW, HERE'S HERE'S THE STATUS OF THE LEAST.

AND, CITY SIDE.

YOU KNOW. DO YOU ALL DO YOU ALL WANT US TO HOLD OFF? I MEAN, ELECTRICITY IS GOING TO HAPPEN HERE.

IT'S IT'S A DONE DEAL.

BUT DO YOU WANT US TO HOLD OFF ON THE OTHER STUFF UNTIL A CERTAIN POINT, WE BID OUT THE CMOC, FOR EXAMPLE, OR, YEAH. I WOULD LIKE TO SEE WHERE WE ARE WITH THE KIMOCK.

I WOULD. I MEAN, BECAUSE DON'T GET ME WRONG, I WANT TO MOVE ON THIS BECAUSE OBVIOUSLY THERE'S A BENEFIT DERIVED.

IT'S JUST SITTING THERE.

AMANDA CARMACK WAS THE PRIORITY.

BUT THAT ALSO MEANS WE'LL GET REBIDS AND WE'LL HAVE TO COME BACK AND TELL YOU WHAT THE CURRENT COST IS, BECAUSE.

SIX MONTHS FROM NOW.

DON'T KNOW WHAT THOSE THOSE BIDS MIGHT NOT BE THE SAME.

I DON'T KNOW THE WAY THIS YEAR STARTED SO FAR.

IT MIGHT BE LOWER.

YOU KNOW, A LOT OF BUSINESSES THAT ARE SEEING LOWER NUMBERS SO FAR.

I MEAN, WE'VE GOT A BUILDING THAT'S SITTING THERE.

I MEAN. I'M OF THE.

I WANT TO UNDERSTAND THE FINALITY FINANCIALLY OF THE.

BUT. I WANT TO SEE US KEEP MOVING ON THIS.

[00:45:02]

I DON'T WANT TO SEE US SIT HERE ON IT.

THAT'S TRUE. I'LL. A COUPLE OF DIFFERENT REASONS THAT WE PURCHASED THIS ONE WAS TO GET US OUT OF THIS. EVERYBODY'S IN HERE PIGEONHOLED INTO THE IN THE CITY HALL AND TO HAVE AN INVESTMENT, AS TRAVIS BROUGHT OUT A WHILE AGO, WE HAVE A BIG, BIG FOOTPRINT OUT THERE.

WE COULD POSSIBLY DO MORE STUFF THAN JUST HAVE A BIG PARKING LOT.

SO WE MADE A COMMITMENT.

WE DIDN'T MOVE FORWARD TO GET THE INFRASTRUCTURE TAKEN CARE OF, YOU KNOW.

I DON'T, I DON'T WE DON'T NEED TO HAVE A BUNCH OF NICETIES IN THERE THAT DOESN'T IMPROVE OUR OUR FUNCTION.

A THE DIMENSIONS ARE NOT.

I DIDN'T LOOK REAL CLOSELY AT THE DIMENSIONS OF THE VARIOUS ROOMS AND STUFF, BUT.

OH I DON'T, I DON'T I DON'T DISCOUNT HAVING AN OFFICE THAT'S YOU'VE GOT ROOM TO MOVE AROUND IN AND HAVE HAVE SOMEONE COME IN THERE AND VISIT YOU.

LOOKS LIKE A PRETTY LARGE CONFERENCE ROOM DOWN THERE ON THE.

YES. THOSE ARE THOSE EXISTING WALLS THAT YOU'RE JUST MAKING A CONFERENCE ROOM OUT OF, OR THEY'RE EXISTING COLUMNS, AND WE'RE JUST GOING TO PUT THE CONNECT THE COLUMNS AND MAKE IT INTO A CONFERENCE ROOM, OKAY.

THEY'RE LEVERAGING TWO WALL TWO AND A HALF WALLS.

RIGHT. YES. ONE, TWO AND THEN HALF HERE.

AND YOU JUST CLOSING IN THE FRONT AND THE SIDE.

IT'S THE OUTSIDE WALL.

IT'S THE BACK OF THE PUBLIC WORKS PARKS AND REC DIRECTOR OFFICES AND THAT LITTLE HALF WALL THAT'S THERE.

AND THEN THERE'S A COLUMN THAT RUNS ALONG THAT.

AND SO THAT WOULD BE THE.

OKAY. WELL.

WE'VE ENCOUNTERED SOME THINGS THAT WE JUST PURELY DID NOT ANTICIPATE.

YOU KNOW. WHAT IS THIS? HOW MANY THOUSAND DOLLARS FOR A NEW ELECTRICAL STUFF OUTSIDE? AND WE BOUGHT THE TRANSFORMERS YET? YEAH. SO WE'RE WAITING FOR THE CONNECT TO HAPPEN.

I MEAN, EVERYTHING'S INSTALLED AND WE'RE WAITING FOR THE FINAL.

OKAY, SO THIS THIS ELECTRICAL NUMBER INCLUDES THE TRANSFORMER PRICE.

THEN WE HAVE TO BUY NEW TRANSFORMERS.

WE SORT OF PUT A DISCONNECT AND UPGRADE ALL THE INTERIOR BREAKERS.

I THOUGHT WE HAD TO BUY NEW TRANSFORMERS.

I THOUGHT THAT WAS THE WORD I GOT ONE TIME.

THAT WAS PROBABLY THE WORD I GAVE YOU AT THE TIME.

OKAY? BECAUSE I WAS THINKING, IF WE GOT TO BUY NEW TRANSFORMERS, I KNOW THIS ISN'T A BIG ENOUGH NUMBER.

I MEAN, THERE'S THERE'S SEVERAL THINGS IN HERE THAT WE TOTALLY DID NOT ANTICIPATE HAVING TO DO.

I FIGURED WITH THE BANK OWNING THAT PLACE OVER THERE, THAT THEY PROBABLY HAD WINDSTORM INSURANCE ON THEIR BUILDING, AND WE WOULD JUST FIND OUT WHO, YOU KNOW.

EXCUSE ME FOR BEING FOR FOR ASSUMING, BUT, YOU KNOW, ANYHOW, THAT'S IT WASN'T DISCLOSED TO US DURING DURING THE PURCHASE PRICE, BUT WE WE WE'VE INHERITED THIS NOW.

SO IF YOU TAKE AWAY THE THINGS THAT WE DIDN'T THINK WE WERE GOING TO HAVE TO DO, WE'RE PROBABLY GOING TO BE PRETTY CLOSE TO IN BUDGET.

ANYBODY ELSE? SO ARE YOU ASKING THE CITY COUNCIL TO TELL YOU WHERE TO GET THE MONEY FROM? OR ARE YOU GOING TO BRING A PROPOSAL TO THE CITY? OF WHAT? WHERE WE CAN? HOW WE CAN PAY FOR IT? WELL, I MEAN, I'M JUST ASKING.

I'M JUST ASKING FOR FOR A FRIEND.

OKAY. SO IS WE GOING TO RUN INTO THIS THIS ON ANOTHER ISSUE THAT'S COMING UP TOO? WELL, SO WE NEED SOME GUIDANCE ON WHERE THIS IS GOING TO COME FROM.

RIGHT. SO THERE'S A COUPLE OPTIONS.

YOU CAN, LIKE LIKE YOU ALL PROPOSED.

WE CAN PUT IT IN THE NEXT BOND.

WE CAN PAY IT OUT OF THE CURRENT BOND.

OR, YOU KNOW, AGAIN, AS DISCUSSED BEFORE, WE HAVE, SUFFICIENT FUND BALANCES.

REMEMBER, THIS IS BOTH GENERAL FUND AND UTILITY FUND.

SO YOU COULD TAKE SOME FUND FUNDS OUT OF THOSE, TO MAKE THE PAYMENTS.

AND THAT PRESERVES THE CURRENT BOND, WHICH WE'RE, YOU KNOW, WORRIED ABOUT.

THE CAME OK AND THE FIRE STATION, THREE PRICES AND ALL THAT KIND OF STUFF.

JUST REMINDING OURSELVES WHEN WE HAD THE $10 MILLION THAT WE ISSUED, SEVEN OF IT WAS FOR CMOC.

YES, A MILLION OF IT, I THINK, WAS FOR ROADS.

A MILLION WAS FOR FIRE STATION AND THEN 500,000 500,000 FOR THE FIRE STATION, AND THEN THE REMAINDER WAS FOR THE

[00:50:07]

GENERATOR WITH THE TRAILER, WHICH WAS 100 AND SOME THOUSAND.

THERE WAS SOMETHING ELSE.

YESTERDAY? YEAH.

WAS IT 2 MILLION FOR ROADS? WELL, THAT THAT WOULD HAVE BEEN THE NUMBER IT WAS ASSUMING WE SPENT 7 MILLION ON THE CMOC.

RIGHT. 7 MILLION.

2 MILLION? 500,000.

YES. AND THE REMAINDER? YES. WELL, I THINK WE'RE JUST KIND OF.

SPINNING OUR WHEELS UNTIL WE FIND OUT WHAT KMART IS GOING TO COST.

WE'D LIKE TO. WE WANT TO GET INTO THIS THING.

WE CAN. WE CAN DO WHATEVER WE CAN.

WE HAVE THE MONEY FOR RIGHT NOW TO JUST CONTINUE PURSUING THIS.

BUT I THINK A BIG TICKET ITEMS ARE GOING TO HAVE TO WAIT UNTIL WE FIND OUT WHAT THE PRIORITY BUILDING IS, AND THAT'S THE GUIDANCE I'M LOOKING FOR.

SO WE CAN WAIT TILL MAY OR JUNE OR JULY OR SOMETHING AND GET BIDS BACK.

LET'S WHEN ARE WE EXPECTING TO HEAR BACK ON THE CAMERA? SO THEY'RE WE'RE FINISHING UP THE CONTRACT ON THE CMR. THE COMPANY WE HIRED TO TO WORK THIS, AND WE JUST GOT TO DO FINAL DESIGNS AND COME BACK TO YOU ALL AND SAY, YOU KNOW, PUT IT OUT FOR BID AND WE'LL PUT IT OUT FOR BID.

AND, YOU KNOW, 45 DAYS LATER WE SHOULD HAVE BIDS BACK OR WHATEVER TO YOU ALL TO SAY, HERE YOU GO.

SO AGAIN, WHEN BRANT CAME UP HERE AND WE TALKED, WE'RE ANTICIPATING MAY JUNE TIME FRAME TO GO OUT FOR BIDS.

I WOULD SAY MOVE FORWARD AND PULL THE 300,000 FROM THE ROADS.

THE 2 MILLION. I PERSONALLY DON'T WANT TO SEE US PULL ANY MORE MONEY FROM THE NEW BOND FOR THIS.

WELL, THE ONLY THING ABOUT THE ROADS, WE HAVEN'T SPENT A DIME.

WHAT YOU'RE SAYING ON THE ROADS, RIGHT? WELL, THAT'S PARISH CORRECT.

NO, THAT'S FROM A DIFFERENT BOND.

THAT'S. THAT'S THE 2017 STREET.

YEAH. THAT'S. THIS IS NEW PROJECTS.

WE HAVEN'T DETERMINED WHAT THEY ARE BECAUSE I THINK, FRANKLY, JUST LIKE WE TALKED ABOUT, WE'RE WAITING TO GET THROUGH THE SMOKE TO SEE.

AND WE DIDN'T KNOW ABOUT THE GENERATOR WHAT THAT WAS GOING TO COST.

AND WE DON'T KNOW ABOUT THE FIRE STATION, YOU KNOW.

SO I'M OKAY WITH THE MAYOR'S SUGGESTION TO PULL THE $300,000 OUT OF THE ROADS WITH THE CONDITION THAT WHEN WE GO OUT FOR THE NEW BOND, I THINK WE HAD TALKED ABOUT 2 MILLION OR WHATEVER IT WAS FOR ROADS, WHATEVER IT WAS FIVE.

THAT WAS MINE. OKAY.

WE'RE GOING TO TALK ABOUT THAT AS A FUTURE.

YEAH, THAT'S COMING UP. WE LEAN HEAVY IS WHAT I'M SAYING IS WE PUT SOME OF THAT MONEY BACK INTO THIS PARTICULAR ONE.

SO IN THE END YOU'RE GETTING BASICALLY WE'RE NOT LOSING ANY BECAUSE ROADS TO ME ARE IMPORTANT, YOU KNOW, BECAUSE THAT'S GENERALLY THE PUBLIC IS GOING TO HAVE A LOT MORE ACCESS TO THE ROADS THAN THEY ARE GOING TO COME SPEND.

CITY HALL, CITY HALL.

AND I'M NOT SAYING THAT CITY HALL DOESN'T HAVE ITS IMPORTANCE AND MERITS.

IT DOES. AND IT RUNS A LOT OF BUSINESS FOR THE CITY.

BUT GENERALLY MORE PEOPLE ARE GOING TO DRIVE OVER THE ROAD AND ARE GOING TO COME SIT UP HERE IN CITY HALL.

AND THEY WILL APPRECIATE YOU FOR THAT.

SO. SO I'M OKAY WITH THAT AS LONG AS I MEAN, OBVIOUSLY I CAN'T HOLD YOU ALL TO IT.

THERE'S NO CONTRACT TO SIGN.

BUT, YOU KNOW, THAT'S MY IDEA.

WE TAKE TAKE THE 300 OUT OF THE ROADS AND JUST PUT IT BACK IN THE NEXT TIME AROUND.

THAT'S WHAT I'M SAYING.

YEAH, YEAH, BECAUSE WE WANT TO BE COMMITTED TO THESE ROADS.

WE ALSO DON'T WANT THE BUILDING TO SIT THERE WAITING UNTIL JUNE JULY TO START MOVING FORWARD.

SOUNDS LIKE ANYBODY HAVE ANOTHER ALTERNATIVE SUGGESTION OR IS EVERYONE GOOD WITH THAT IDEA? I LIKE THAT. I THINK WE'RE GOOD.

YOU GOT A DIRECTION. I DO.

THANK YOU. DO YOU WANT US TO TAKE A ACTION, OR DO YOU JUST WANT TO MOVE? I'M. I MEAN, I THINK WE'RE CLEAR.

Y'ALL ARE CLEAR.

OKAY. THE WAY WE'RE HEADED, I'M NOT SURE THAT WE NEED TO MOTION THAT.

I'LL JUST HAVE TO REFER BACK TO THIS NIGHT AS A REFERENCE POINT.

OKAY. YEAH.

THANK YOU. I'M COMFORTABLE WITH THAT.

ALL RIGHT. THANK YOU JOHN.

GOOD JOB JOHN. YOU CAN BREATHE NOW.

ITEM NUMBER SIX DISCUSSION AND POSSIBLE ACTION ON APPROVING AQUA METRIC TO COMPLETE THE ADVANCED METERING INFRASTRUCTURE, ALSO KNOWN AS ARMY WATER METER PROJECT.

[6. Discussion and possible action on approving Aqua-Metric to complete the Advanced Metering Infrastructure (AMI) water meter project. ]

GOOD EVENING. COUNCIL.

SO IN 2020, WE BEGAN THE PROCESS OF EXCHANGING OUT, OUR OLD METERS TO THE ARMY.

[00:55:02]

SMART METERS.

YOU KNOW, THAT INCLUDED, YOU KNOW, GETTING ALL THE INFRASTRUCTURE SET UP, THE RADIOS, THE SOFTWARE, AND ALSO CHANGING OUT.

I BELIEVE IT WAS 5000M.

YOU KNOW, FAST FORWARD TO TODAY.

WE STILL HAVE APPROXIMATELY 800M LEFT THAT WE NEED TO CHANGE OUT.

AND SO THAT'S WHAT, YOU KNOW, THIS, THIS CONTRACT THAT WAS IN WITH IT.

THIS PROPOSAL, IS FOR THE FINAL EXCHANGE OF ALL THOSE METERS.

SO WE'LL BE 100% COMPLETE ACROSS THE BOARD.

YOU KNOW, AQUA METRIC IS THE SOLE SOURCE IN THIS AREA FOR, SENSUS METERS.

SO, YOU KNOW, ESSENTIALLY, MOVING FORWARD WITH THEM TO FINISH CHANGING OUT THESE METERS IS THE ONLY OPTION, REALLY, IN THIS AREA.

UNLESS WE WANT TO GO TO A COMPLETELY DIFFERENT SYSTEM AND START ALL OVER.

SO I GUESS MORE OR LESS BOILS DOWN TO, DO WE WANT TO SPEND THE MONEY ON IT OR NOT? AND THIS IS ALL COMING FROM CAPACITY ACQUISITION FEES, WHICH A COUPLE OF ITEMS WE'VE ALREADY TAKEN OUT FOR IT OR, YOU KNOW, UTILITY MASTER PLAN AND THE IMPACT FEE STUDY THAT WAS APPROVED AT PREVIOUS COUNCIL MEETING, LEAVING US APPROXIMATELY $712,000 TO FUND THIS PROJECT.

AND ALSO HAVE A IRENE FROM AQUA METRIC.

IF THERE'S ANY TECHNICAL QUESTIONS OR ANYTHING LIKE THAT THAT I MAY NOT BE ABLE TO ANSWER.

AND WE'RE JUST LOOKING FOR APPROVAL TO UTILIZE AQUA METRIC TO FINISH CHANGING OUT THESE METERS.

SO FOR CLARIFICATION, THIS IS GOING TO SOLVE THE PROBLEM OF MAKING SURE THAT THE LAST REMAINING 600M GET INSTALLED THE RIGHT RIGHT TYPES AND WHATEVER.

AND THIS ALSO COVERS.

SO YOU KNOW, WHEN YOU WHEN YOU CHANGE OUT A METER AFTER 30 YEARS, YOU KNOW, THE BOX IS DIFFERENT, THE BOX IS BROKEN, THE WHATEVER.

SO THAT ACCOUNTS FOR ALL THAT TOO.

YES. ANY PLUMBING ISSUES OR ANYTHING LIKE THAT THAT WE HAD PREVIOUSLY WITH THE LAST EXCHANGE WE HAD.

AND ALSO WE'RE GOING TO START BY CONDUCTING A SURVEY ON THEM BECAUSE THERE'S A REALLY A LOT OF UNKNOWNS, LOCATION OF METERS, SIZE OF METERS, JUST INFORMATION THAT WE KNOW IN SOME CASES, WHETHER THE METER EXISTS.

SO WITH ALL THOSE UNKNOWNS, WE BASED ON THE LAST ISSUES WE HAD WITH THE PREVIOUS PROJECT, WE DECIDED TO MOVE FORWARD WITH INITIAL SURVEY, FIGURE EVERYTHING OUT, DOCUMENT EVERYTHING, THEN MOVE FORWARD WITH THE EXCHANGES.

LET ME ASK YOU A QUESTION.

DO YOU THINK IF WE MAKE THESE CHANGES? LIKE KIND OF THE REST OF.

MODERN SOCIETY AS WE GO.

COMPUTER. DOES THAT POTENTIALLY SHRINK OUR WORKFORCE? DO WE NEED A LESS? IS THERE MONEY TO BE SAVED AND NOT HAVING? BECAUSE I REMEMBER JUST LAST MEETING, I THOUGHT IT WAS LAST MEETING THAT WE TALKED ABOUT THE METER READERS.

IT WAS IT DOES.

AND SO IN THEORY WE SHOULD NEED LESS OR FEWER METER READERS.

YES. SO YES, LESS.

DO WE HAVE TO GO OUT FOR NOW? I KNOW THERE'S STILL SOME YOU HAVE TO READ AND BUT WE'LL WE'LL HAVE TO CONTINUE ON MAINTAINING THEM.

OBVIOUSLY THERE'S GOING TO BE CUT WIRES, THINGS LIKE THAT.

THAT'S NOT IT'S PRETTY MINIMAL AS FAR AS THAT GOES.

PUBLIC WORKS DEPARTMENT, FOR INSTANCE, WE HAVE THREE, THREE OF OUR TEAM THAT READ METERS EVERY MONTH TAKES A WEEK OUT OF THAT.

YOU KNOW, I KNOW WE SEND OUT REPORTS EVERY MONTH.

I THINK IT'S IF ANYONE LOOKS AT THEM, YOU KNOW, WE RECEIVE ANYWHERE FROM 250 TO 300 WORK ORDERS A MONTH.

WE'RE ONLY ABLE TO COMPLETE 150.

SO THAT'S JUST GOING TO HELP US BE ABLE TO CATCH UP MORE ON OUR WORK.

BUT IS IT GOING TO SHRINK OUR WORKFORCE? NO, BECAUSE THERE'S STILL PLENTY OF WORK FOR PUBLIC WORKS TO DO.

I. UNDERSTAND YOUR POINT.

I MEAN, NOBODY IN HERE.

IN ANY OF THE DIRECTORS WOULD EVER GIVE UP A PERSON.

YOU ALL JUST DON'T DO THAT. YOU'LL NEVER GOING TO SHRINK.

HOWEVER. IF THIS CAN BE DONE, THEN I THINK YOU KNOW IT IS REASONABLE TO LOOK AT, PERHAPS AFTER A YEAR OF IMPLEMENTATION TO SEE WHERE WE ARE.

RIGHT? YES. I MEAN, OR TO MOVE SOMEBODY WITHIN PUBLIC WORKS AT THE WORST.

SO I MEAN, I MEAN, I UNDERSTAND CHRIS AND I GET TO SEE HOLLY.

Y'ALL DON'T EVER WANT TO, YOU KNOW, IT'S TOUGH TO GIVE UP, YOU KNOW, AMMUNITION, SO TO SPEAK.

BUT BUT IT'S NOT, THOUGH.

SO WHEN YOU LOOK AT WHAT PUBLIC WORKS DOES, DITCHES, TREES, REPLACING STREET SIGNS, WATER, WATER LINE BREAKS, ALL THOSE PEOPLE ARE ALL DOING ALL THOSE TASKS AND.

[01:00:05]

RIGHT. BUT WE DON'T HAVE A DEDICATED DITCH CREW.

WE DON'T HAVE DEDICATED, YOU KNOW, WHATEVER CREWS.

SO IN MY MIND, IT FREES THEM UP TO DO THOSE OTHER TASKS.

OKAY. SO WHEN WE COME AROUND TO BUDGET AND HECTOR ASKS FOR ADDITIONAL EMPLOYEE, SHOULDN'T WE BE ABLE TO DRAW FROM THIS EMPLOYEE? YES. OKAY, THAT'S WHAT I'M JUST SAYING.

I'M NOT TRYING. I GET IT, I GET IT AT A CERTAIN POINT.

NUMBERS OF CONTINUAL GROWTH, I GET IT.

I MEAN, RIGHT, SO WE DON'T SO BE CAUTIOUS ABOUT HE WON'T BE ABLE TO ASK FOR ANOTHER PERSON TO, TO FIX WATER LEAKS, BECAUSE NOW THAT THEY'RE NOT READING METERS AS MUCH OR REREADING OR FIXING, THEN THOSE CREWS CAN GO DO THOSE CRITICAL TASKS.

I'M NOT TRYING TO CUT SOMEBODY'S JOB.

I'M JUST TRYING TO MAKE SURE IF WE HAVE THE OPPORTUNITY TO REASSIGN THAT PERSON OR ASSIGN THEM TO ANOTHER TASK WITHIN PUBLIC WORKS.

AN AREA YOU NEED MAYBE NEXT BUDGET SESSION AND YOU'RE LIKE, OKAY.

WELL, ONCE THIS IS IMPLEMENTED, MAYBE YOU JUST PULL THAT PERSON OVER AND WE DON'T HAVE TO GO, YOU KNOW, FUND A SALARY PLUS BENEFITS.

I AGREE. YES. THAT'S CORRECT.

THAT'S THAT'S A BIG BENEFIT FOR US.

YOU KNOW, LIKE I SAID, THERE'S THREE, THREE FOLKS IN OUR DEPARTMENT THAT HAVE TO GO READ METERS ONCE A WEEK, YOU KNOW, FOR AN ENTIRE WEEK.

SO IT'S A BIG BENEFIT FOR US.

OKAY. EACH NEW RESIDENT, EACH NEW METER HOOKUP THAT'S COMING ON BOARD, IT'S EACH ONE OF THESE NEW SMART METERS.

YES, YES.

EACH NEW, YOU KNOW, METER SET OR NEW CONNECTION THAT COMES ALONG.

WE INSTALL A NEW METER AND A NEW RADIO.

SO THE ONES YOU'RE TALKING ABOUT HERE ARE REPLACING THE OLD.

REPLACING THE EXISTING.

YES. YES, SIR. DO YOU HAVE THE NUMBER? DO YOU REMEMBER THE AMOUNT OF MONEY WE SPENT ON THE FIRST GROUP OF METERS THAT WE PUT IN? I DO NOT KNOW.

NOT SURE.

YEAH. IT WAS LIKE TWO OR IT WAS RIGHT AT TWO.

RIGHT AT 2 MILLION. I MEAN, I CAN GET THAT NUMBER BACK TO YOU.

I MEAN, SO. HOW ARE THESE DOING? I'M SORRY. HOW'S IT GOING? WITH THE METER READERS. WITH THE SMART METERS.

METERS? OH. IT'S GREAT.

I MEAN, YOU KNOW, THE BIGGEST COMPLAINT WE HAVE IS, YOU KNOW, THAT MY WATER METER, MY BILL IS ACCURATE.

NOW, THAT'S NOT WHAT THEY SAY.

WELL, I KNOW IT'S NOT HOW THEY PHRASE IT.

THAT'S A LITTLE POLITICALLY CORRECT, BUT I'M LOOKING I'M LOOKING AT THE I'M LOOKING AT THE PERCENTAGE OF TOTAL AND THE COMPLAINTS.

AND I'VE SEEN THEM, BUT WE HAVE METERS NOW THAT IN THAT 600 THAT PROBABLY AREN'T WORKING OR AREN'T WORKING AS WELL.

SO THERE WE'RE UNDER BILLING FOR WHAT WE SHOULD BE GETTING.

YEAH. AND THEN PLUS YOU LOOK AT WATER LAWSUITS, THINGS THAT WE HAVE TO REPORT TO THE STATE EVERY YEAR.

A BIG PORTION OF THIS IS, YOU KNOW, WE HAVE SO MUCH WATER THAT WE'RE PUMPING OUT OF OUR WATER SYSTEM, BUT WE'RE NOT RECORDING IT IN SALES BECAUSE A LOT OF THESE METERS ARE JUST NOT ACCURATE OR JUST PLAIN NOT WORKING.

AND THESE ARE THE SMART METERS.

NO, IT'S THE METERS.

OKAY. SO WHEN WE'RE MOVING IN THE RIGHT DIRECTION, THE ONLY ISSUE WE EVER HAVE WITH SMART METERS, IT'S GENERALLY A LOSS OF COMMUNICATION, WHICH COULD BE A CUT WIRE.

SOMEBODY MOWED OVER THE RADIO, POSSIBLY BROKE THE LID, SOMETHING ALONG THOSE LINES.

THOSE ARE THE ONLY ISSUES WE HAVE WITH THE SMART METERS.

I DO HAVE A QUESTION ON THE QUOTE.

SO THEY'RE QUOTING 800M.

BUT YOU'RE SAYING 600.

WE HAVE 600 LEFT.

ARE THEY GOING TO JUST OUT THERE QUOTE.

YES. THIS THIS WAS BECAUSE WE DIDN'T WANT ANY ANY SURPRISES IN THE END BECAUSE WE HAD AN ORIGINAL LIST THAT WE RECEIVED FROM UTILITY BILLING, AND THERE WAS NO DISCREPANCIES WITH IT, WITH CERTAIN THINGS, WITH IT.

YOU KNOW, SOME OF THE ACCOUNT NUMBERS WERE THE SAME, AND WE JUST WEREN'T QUITE SURE EXACTLY HOW MANY METERS WE HAD LEFT BASED ON ALL THAT'S ALL THE INFORMATION WE HAVE IS THROUGH THAT BILLING SYSTEM.

SO DUE TO THAT FACT, WE JUST BUILT THIS, YOU KNOW, PROPOSAL OUT TO WHERE WE COULD MAKE SURE WE GOT EVERYTHING DONE WITH THIS PROPOSAL.

OKAY. ACTOR.

YOU'VE GOT A COUPLE OF LARGE METERS IN HERE.

YOU'VE GOT SOME EIGHT INCH METERS AND SOME TEN INCH METERS.

WHERE ARE THESE SUPPOSED TO GO TO? SO THE TEN INCH METER WAS WAS ADDED ON THERE AS THESE ARE JUST ADDED ON THERE AS A PRICE FACTOR.

BUT ALL THESE LARGER SIZE METERS WE ALREADY HAVE IN STOCK, THEY WERE BOUGHT WITH THE PREVIOUS.

ARE THEY BEING INSTALLED? ARE THEY FOR THE CITY? ARE THEY FOR SOME CONSUMER.

SO THAT'S THE TEN INCH.

WE DON'T HAVE A TEN INCH METER ANYWHERE.

THAT WAS JUST THE PRICE THAT WAS THROWN ON THERE.

JUST THE NUMBER IN CASE WE NEED ONE.

YEAH. BUT EIGHT INCHES, WE HAVE ONE AT THE, THE SPRINGS I BELIEVE, OVER THERE OFF COUNTY ROAD 220 IS AN EIGHT INCH.

AND ALSO I BELIEVE THE HOSPITAL IS.

AND BESIDES THAT THE REST ARE GOING TO BE SIX AND UNDER.

OKAY. IT SEEMED LIKE AN AWFULLY LARGE METER AT THE SPRINGS THAT MOST OF US, JUST FOR FIRE PROTECTION IS ALL THEY HAVE BIG EIGHT INCH FIRE LOOP AROUND THEIR. OKAY, I'M IMPATIENTLY WAITING TO ASK YOU THIS QUESTION.

OKAY. $2 MILLION IS WHAT WE ORIGINALLY SPENT.

[01:05:04]

I'M NOT BLAMING YOU.

YOU WEREN'T HERE. BUT DID WE TAKE THE NEW METERS AND PUT THOSE IN THE NEW SUBDIVISIONS? AND THAT'S WHAT DREW OUR NUMBERS OFF.

BECAUSE WE DIDN'T COUNT THOSE NEW HOMES.

WE COUNTED WHAT WE HAD EXISTING AT THE TIME, BOUGHT THE METERS AGAINST THAT, AND THEN WE TOOK THOSE NEW METERS AND PUT THEM IN THE NEW SUBDIVISIONS.

I CAN'T ANSWER THAT QUESTION 100% ACCURATELY, BUT BASED ON CIRCUMSTANCES, I WOULD ASSUME SO, YES.

OKAY. THAT'S MY FIRST ISSUE.

THE SECOND ISSUE.

LAST TIME WE DID THIS, THIS DRUG ON FOREVER ON THE IMPLEMENTATION.

WHAT ASSURES ME NOW THAT WE'RE GOING TO GET CONTRACTORS IN HERE THAT ARE GOING TO BE ABLE TO GET IT DONE AND GET OUT OF HERE INSTEAD OF LAST TIME WHERE THEY SHOW UP, THEN CERTAIN THINGS WERE DONE WRONG.

YOU KNOW, YOU TALK ABOUT PEOPLE MOWING OVER AND CUTTING THE THAT'S BECAUSE THEY DIDN'T GET INSTALLED CORRECTLY OR SOMEBODY TOOK THE CAP OFF.

I'M NOT BLAMING YOU ALL FOR THAT, BUT I KNOW ON MINE THE WIRES ARE STICKING UP JUST PLAIN AS DAY.

NOBODY TUCKED THEM IN.

WHAT ASSURANCE DO WE HAVE ON THE CONTRACTORS? IRENE. YEAH. SO WE DO COVER.

YEAH. OH.

SORRY, SIR. THE PUBLIC CAN HEAR YOU.

SO WE HAVE OUR OWN TEAM IN HOUSE.

SO THE CONTRACTORS THAT YOU'RE THINKING ABOUT, WE NO LONGER WORK WITH.

SO WE'LL HAVE A DIFFERENT TEAM IN HERE.

WE'LL ALSO HAVE A SUPERVISOR HERE ON SITE TO MAKE SURE EVERYTHING'S BEING OKAY.

AND WE'LL ALSO HAVE WEEKLY CALLS TO MAKE SURE THAT EVERYBODY'S ON THE SAME PAGE.

SO. IT'S GOOD TO HEAR THERE'S ANY ISSUES.

WE'LL ADDRESS IT AT THAT TIME OR SOON.

AND I HAVEN'T DONE A LEGAL REVIEW OF ANY KIND OF AN AGREEMENT YET, SO I CAN MAKE A NOTE TO MAKE SURE THAT WE HAVE PROVISIONS IN THERE THAT REFLECTS WHAT YOU JUST SAID.

THANK YOU. BECAUSE LAST TIME WAS VERY DIFFICULT.

VICTOR, ARE ALL THE REPEATERS AND EVERYTHING IN PLACE THAT WE NEED TO PUT ANY OTHER INFRASTRUCTURE IN OTHER THAN THIS? JUST THE METERS.

IT'S JUST A METER. SO ALL THE INFRASTRUCTURE IS UP.

THERE'S NO OTHER INFRASTRUCTURE NEEDED FOR THIS.

SO INTEGRATION IS DONE.

IT'S JUST A MATTER OF FINISHING OUT THE PROJECT.

I'M GOING TO STAY ON SUBJECT.

TO JOHN'S IDEA.

I DON'T KNOW IF THAT'S WHERE JOHN WAS HEADING WITH THIS, BUT.

THE DO THINK. AND THIS IS, YOU KNOW, FOR OTIS.

IF WE GET IN A SITUATION WHERE WE'RE GOING TO BE DEALING WITH ANOTHER DEVELOPER, WE SHOULD START FACTORING IN THIS IN THE COST.

AND IT SHOULD BE ON THE DEVELOPER.

WELL, THEY DO PAY THE CAPACITY ACQUISITION FEE, I KNOW, BUT ADD THIS TO IT.

FIND ANOTHER METRIC. I MEAN, WE CAN ONLY CHARGE THEM WHAT WE HAVE AND THAT ALLOWS US TO CHARGE THEM.

WELL, I MEAN, I'M JUST SAYING, I MEAN, I JUST FIGURE EVERYTHING'S NEGOTIABLE.

SO WE BUILD WE BUILD THAT INTO OUR TAP FEES AS FAR AS AFFORDING THE METER, THE BOX, THINGS LIKE THAT.

JUST ANYTHING THAT WE HAVE TO INSTALL, WE BASICALLY JUST CHARGE IT AS A TAP FEE.

SO WE'RE GETTING OUR I JUST WANT TO MAKE SURE THAT IT'S.

IT. IT'S PROPORTIONAL.

THE AMOUNT THAT IS ACTUALLY WE'RE WE'RE ACQUIRING FROM THEM IS WILL COVER WHAT OUR SERVICES WHAT WHAT IT TAKES TO GET THE CONTRACTOR TO GET YOU GUYS IN THERE AND DO YOUR THING.

ANYWAY, JUST LIKE I SAID, I THINK EVERYTHING'S NEGOTIABLE.

SO IF SOMEBODY.

AS I ANTICIPATE SO MANY OF THEM ARE SOME SORT OF A PLANNED DEVELOPMENT AGREEMENT, THEN, YOU KNOW, THAT CAN BE DISCUSSED.

BUT HECTOR, AS YOU AS YOU MENTIONED, THE TAP FEE THAT EACH HOME IS CHARGED INCLUDES THE COST FOR THE METER.

CORRECT. AND THE RADIO.

YES, SIR. THE OTHER QUESTION IS WHAT AREAS OF TOWN RIGHT NOW HAVE THE LARGEST OLD METERS SIT IN THERE? TO BE HONEST, IT'S PRETTY SPORADIC.

I MEAN, WE HAVE CENTER TOWN, NORTH SIDE.

I MEAN, IT'S WHICH STILL DRIVES ME CRAZY AS TO WHY WHEN WE WERE IMPLEMENTING THIS, WE DIDN'T STICK ON ONE SIDE, IMPLEMENT AND MOVE TO AREAS.

NOW WE HAVE TO GO BACK AND SCOUR THE CITY AGAIN TO FIND THESE.

THAT'S KIND OF PART OF US DOING THE INITIAL SURVEY INVENTORY.

FIRST THERE WAS THERE WAS OBVIOUSLY A REASON FOR THAT.

WELL, WHAT IS IT? THEY SHOW UP AND THEN THEY'D LEAVE AND THEN SOMEBODY COME BACK.

I JUST THE FIRST INITIAL PROJECT WAS DONE, COMPLETED BEFORE I EVER STARTED HERE.

SO I DON'T I WASN'T INVOLVED WITH IT UNFORTUNATELY, BUT IT WAS ON A CASE BY CASE BASIS.

BUT I THINK WHAT HAPPENED WAS THERE WERE CASES WHERE HOUSES WEREN'T OCCUPIED.

AND SO WHEN YOU HAVE LIMITED METERS, YOU PUT IT IN A HOUSE THAT'S GOT A RESIDENT.

[01:10:03]

AND THAT WAS EXACTLY.

SUGGEST YOU HAVE A PROCESS THAT YOU HAVE.

DID YOU CLEAR THE STREET AND YOU KNOW EVERYBODY? YOU GO DOOR TO DOOR.

YOU KNOW YOU'VE GOT EVERY METER ON THAT STREET.

CHECK IT OFF. GO TO THE NEXT STREET.

JUST JUST. YES.

AND THAT'S THAT'S PART OF DOING THE INITIAL SURVEY IS WE'RE GOING TO TAKE THIS ANY ANYTHING THAT'S ON THE LIST OUT OF OUT OF OUR BILLING SYSTEM OR ENCODE SYSTEM, WE'RE TAKING THAT ENTIRE LIST AND WE'RE JUST GOING TO RUN THROUGH AN INVENTORY EVERYTHING, FIGURE OUT WHERE EVERYTHING'S AT, WHAT SIZE IT IS, AND THEN WE'LL MOVE FORWARD WITH THE EXCHANGES. THAT'S JUST TO ENSURE WE DON'T MISS ANYTHING.

YOU KNOW, WE WANT TO MAKE SURE WE'RE 100% COMPLETE.

AND ACTOR I KNOW YOU'RE FIGHTING PROBABLY MORE THAN WE EVEN KNOW, BUT, YOU KNOW, A GOOD POINT HAS BEEN MADE HERE THAT IT SEEMS THAT YOU GUYS ARE RUNNING THROUGH THIS AS AS YOU COME UP AGAINST IT LIKE, OH, YOU KNOW, WE HAVE ONE HERE AND WE'RE GOING TO TAKE CARE OF THAT.

I THINK IT'S A GOOD POINT TO BE MADE THAT IF YOU CAN JUMP ON SOMETHING AND YOU'VE GOT MULTIPLE METERS THAT YOU RUN AGAINST THAT WE GET THOSE TAKEN CARE OF. I MEAN, AS MUCH AS I HATE TO SAY IT, BUT I'LL SAY IT RIGHT THERE TO THAT CAMERA, IF WE'RE IF WE'RE PULLING IN MONEY THAT'S OWED TO THE CITY ON WATER.

AND THESE METERS ARE HELPING US DO THAT, AND THAT'S WHAT WE NEED TO DO.

YES. I DID.

I DID SAY THAT.

THIS CARDS REPORT TO YOU.

I'M SORRY. I DIDN'T HEAR YOU.

THE TWO METER READERS.

CASS. OH.

REPORT TO ME. ARE THEY UNDER YOU, OR ARE THEY INTO CHLOE? IN UTILITY BUILDING? YES. SO IF WE'RE MORE EFFICIENT, HOW WOULD THEY SLIDE OVER? BACK OVER TO YOU.

SO WE'RE SO THE WAY IT'S ALWAYS WORKED IS THEY CAME OUT OF PUBLIC WORKS AND REALLY WORKED FOR UTILITY BILLING IN THE FIRST PLACE, AND THAT'S THE BEST RELATIONSHIP.

SO THAT AS CHLOE AND HER TEAM, HEY, REREAD ISSUE WHATEVER THERE UTILITY BILLING IS NOT REACHING BACK TO PUBLIC WORKS SAYING, HEY, I NEED THEM BACK AND TO GO DO THIS.

I MEAN, I SEE THEM A LOT.

I KNOW THAT THEY'RE OUT THERE, THEY'RE GETTING MUDDY, THEY'RE GETTING DIRTY.

THEY'RE THEY'RE GETTING THOSE METERS ALL THE TIME.

BUT I WAS JUST WONDERING, KIND OF FOLLOWING UP ON WHAT MAYOR PRO TEM TOWNSEND WAS TALKING ABOUT.

AND, YOU KNOW, I REALLY THINK YOU PROBABLY STILL NEED TO KEEP THOSE TWO, I MEAN, JUST THE SAME LEVELS THAT THEY'RE DOING NOW, BUT I DON'T THINK THAT THEY'D HAVE.

I DON'T THINK THEY HAVE TO BE DOING THE SAME LEVEL THAT THEY'RE AT NOW, BUT THEY STILL BE NEEDED BECAUSE VACATION PTO THINGS HAPPEN.

YOU NEED YOUR TWO PEOPLE AT MINIMUM OVER THERE.

WHY ARE WE NOT DOING THE CUT OFFS ELECTRONICALLY? IN THE METER IS SUPPOSED TO BE ABLE TO DO THAT.

THE METERS WE HAVE DO NOT.

YOU CAN'T TURN THEM OFF ELECTRONICALLY.

THAT WAS THE UPGRADED.

EXCUSE ME. THE METERS THAT WE HAVE IN THE GROUND RIGHT NOW.

TO TURN THE WATER OFF, YOU HAVE TO GO OUT THERE AND PHYSICALLY TURN A VALVE.

OUR METERS DO NOT.

SHUT THE VALVE OFF ELECTRONICALLY.

WHAT'S THE DIFFERENCE IN PRICE? OH, THREE TIMES MORE.

THREE TIMES MORE.

YEAH. SO THAT'S WHY REMEMBERING BACK A COUPLE OF YEARS, I'M TRYING TO PULL IT ALL BACK IN MY HEAD.

BASED ON THE BUDGET THAT WE WERE ALLOCATED, BASED OFF THE BOND THAT THAT WAS THE METER.

AND WE HAD THREE COMPANIES THAT WERE IN THAT RANGE AND SCOPE.

OKAY. OKAY.

SO LET ME GET THIS STRAIGHT.

SO WE SPENT A BUNCH OF MONEY ON METERS THAT WE CAN'T CUT OFF REMOTELY.

IS THAT WHAT I'M HEARING? WE DIDN'T BUY THAT OPTION BECAUSE THAT'S WHERE THE LABOR IS, RIGHT? YEP. YEAH. BECAUSE THAT'S WHAT COSTS THE MONEY.

AND NO ONE ELSE SAW THIS PART OF THE PROBLEM.

THE COST IS THESE METERS SAVE US FROM HAVING TO SPEND MEN OUT, SEND MEN OUT AND ACTUALLY READ THE METER.

WELL, I MEAN, THAT'S THAT'S THAT'S THAT'S VERY THAT'S VERY HELPFUL, PHIL.

I MEAN, I APPRECIATE THAT, BUT AT THE END OF THE DAY, SOMEBODY'S GOT TO GO OUT THERE AND THEY'RE GOING TO CUT IT, CUT ONE OF THEM OFF.

YES, SIR. AND WHILE WE'RE AT THAT, WE'VE GOT A BIG CONVERSATION THAT'S RUNNING IN PARALLEL WITH THIS ABOUT FEES FOR CUTTING THAT OFF LATE FEES AND A WHOLE HOST OF OTHER THINGS WHERE YOU HEAD ON THAT, BY THE WAY.

THE. THE LIST THAT WE'RE WORKING ON WITH THROUGH OTIS'S DEPARTMENT WILL HAVE ALL SOME OF THOSE FEES ADDED IN IT.

[01:15:09]

WE ARE GATHERING THE INFORMATION THAT YOU ALL ASKED FOR THE LAST MEETING SO THAT WE CAN PRESENT IT IN FEBRUARY TO YOU.

I'D APPRECIATE IT.

THANK YOU. THAT IS GOING SOMEWHERE WHICH YOU'RE GOING TO PROVIDE IS GOING TO HELP US, I PROMISE.

I DO APPRECIATE IT.

THANK YOU SO MUCH.

OKAY, COUNCIL, ANY FURTHER DISCUSSION ON THIS ITEM? I'LL ENTERTAIN A MOTION.

I'LL MAKE A MOTION TO APPROVE TO UTILIZE AQUA METRIC TO COMPLETE THE PROJECT.

THE WATER PROJECT. WATER METER PROJECT.

OKAY, ONE QUICK QUESTION.

MAYBE I MISSED THIS ANSWER.

ASSUMING THIS PASSED, HOW LONG WOULD WE EXPECT FOR THE WORK TO BEGIN AND TO COMPLETE? DO YOU HAVE AN ESTIMATED TIME ON THAT? I THINK ON MY QUOTE, WE HAD AN ESTIMATED TIMELINE AS FAR AS INSTALLATION GOES.

BUT FOR THE SURVEY.

I'M SORRY. IT'S NOT YOU.

IT'S NO OPEN MEETINGS.

IT SHOULD BE ON THE FRONT PAGE.

THANK YOU. SO WE HAVE I THINK WE WE PUT AN ESTIMATION FOR FIVE MONTHS FOR THE FULL PROJECT TO BE COMPLETED.

DO YOU THINK THEY COULD BE SHRUNK? ANY. IT COULD BE.

YEAH. I THINK WE HAD FIVE MONTHS.

AS FAR AS THE INSTALLATION GOES, JUST BECAUSE OF WHAT WE USED TO HAVE ON AS FAR AS THE PRODUCT DELAYS BEFORE THAT, WE WERE DEALING WITH, THAT'S BEEN PRETTY MUCH RESOLVED AT THIS POINT.

SO WE CAN PROBABLY SHRINK THAT.

I THINK THE MORE TIME THAT WAS, WAS ACTUALLY FOR THE SURVEY.

SO THAT WAS ONE THING JUST TO, SAY FOR EARLIER WAS THAT WAS KIND OF THE REASON IT TOOK A WHILE AS WELL.

SO TO GET THROUGH THE PROJECT WAS BECAUSE WE WERE RUNNING INTO A LOT OF UNKNOWNS.

SO MY, MY, I THINK OF IT AS AN INDIVIDUAL HOMEOWNER.

AND IF AND I HAD THIS HAPPEN, YOU KNOW THINGS HAPPEN AND WHEN FIX MINE AND IT FLOODED, SOME VALVE GOT BROKEN.

AND JEFF WAS ACTED QUICKLY AND I GOT NEW DIRT ON MY YARD.

WHERE I'M GOING WITH THIS, THOUGH, IS.

TO EACH INDIVIDUAL HOMEOWNER.

IT'S NOT FIVE MONTHS, RIGHT? IT'S A MATTER OF WHAT DAYS OR WEEKS? DAYS. IDEALLY, I DON'T THINK MOST PEOPLE WILL HAVE A PROBLEM IF YOU'RE IN THEIR YARD FOR A DAY OR TWO.

IT'S THE PROBLEM IS WHEN YOU START A PROJECT.

AND THERE'S A.

OH, BY THE WAY, I FORGOT TO THIS PIECE IS MISSING OR WHATEVER.

AND OH, BY THE WAY, IT'S UNCOMPLETED FOR A MATTER OF DAYS OR WEEKS.

AS LONG AS I THINK YOU'RE OUT. IN AND OUT OF PEOPLE'S YARDS.

WITHIN A MATTER OF A DAY OR TWO.

YOU KNOW, I DON'T HAVE A I DON'T SEE AS BIG OF A PROBLEM, YOU KNOW.

THEN I GUESS IF EVEN IF IT STRETCHED OUT OVER FIVE MONTHS.

BUT YOU'RE ONLY IN THE INDIVIDUAL YARDS, DOES THAT MAKE SENSE? DO YOU SEE WHAT I'M LOOKING AT IT FROM? YES. I'M TRYING TO LOOK AT AN INDIVIDUAL HOMEOWNER.

RIGHT. NOT AS A COMMUNITY PER SE.

BECAUSE, YOU KNOW, THE THE REALITY IS IF YOU'RE IN SOMEBODY'S INDIVIDUAL YARD.

AND YOU'RE DONE WITHIN A DAY OR TWO.

THEY REALLY DON'T CARE. IT TAKES SOMEBODY ELSE, YOU KNOW, SOMEBODY ELSE'S.

FIVE MONTHS LATER, AS LONG AS THEY'RE PROBABLY IN AND OUT OF THEIR YARD IN A DAY OR TWO.

OKAY, THAT'S ALL I'M GETTING AT. SO JUST ONCE WE GET GOING, I WANT US TO, YOU KNOW, FOCUS ON THOSE INDIVIDUAL PERSONS AND GET THAT DONE SO WE CAN GET IN OFF THEIR PROPERTY INSTEAD OF PROPERTY. AND WE'RE GOING TO COMMUNICATE THAT WE'RE WE'RE GOING TO SHUT THEIR WATER OFF SO THAT WE CAN GO IN AND CHANGE THE METER OR THE METER BOX AND ALL THAT KIND OF STUFF.

CORRECT? YEAH, THAT'S THE WHOLE PROCESS.

I MEAN, WE'LL KNOCK ON THE DOOR AND MAKE SURE THAT THEY KNOW IF SOMEBODY'S THERE.

HOPEFULLY THEY ANSWER THE DOOR.

WE'LL LET THEM KNOW THAT WE'RE GOING TO CHANGE OUT THE METER.

AND IT ONLY TAKES ABOUT LIKE 20 OR 30 MINUTES TO CHANGE OUT.

YEAH. CAN I MAKE A RECOMMENDATION? YOU DO IT THE DAY BEFORE, OR AT LEAST LEAVE A NOTICE IN CASE THEY'RE WORKING OR SOMETHING, OR THEY HAVE SOMETHING GOING ON IN THEIR HOUSE AND YOU TURN THE WATER OFF AND MAKE GREAT PROBLEMS. SO THAT'S A THOUGHT OF, YOU KNOW, ONCE WE DO THE SURVEY, WE'LL FIND OUT EXACTLY WHERE ALL THESE METERS ARE AT AND WE CAN PHASE THEM IN AND MAYBE WE CAN JUST, YOU KNOW, PUBLICLY PUT IT OUT THERE, YOU KNOW, SOCIAL MEDIA, SOMETHING LIKE THAT ON OUR, ON OUR CITY SITES, YOU KNOW, DAYS AHEAD OF TIME FOR EACH ONE BECAUSE GOING BY DOOR TO DOOR, LEAVING STUFF BEFOREHAND AND STUFF, THAT'S SOMETHING THAT'S NOT REALLY IN THEIR SCOPE OF WORK, PROBABLY VERY TIME CONSUMING.

BUT I MEAN, IF YOU THINK THAT IDEA IS GOOD, WE CAN GO THAT ROUTE.

SO I THINK WE CAN DO THAT.

[01:20:01]

YEAH, WE JUST GOT GENESIS, WHICH IS SUPPOSED TO BE A LOT MORE USER FRIENDLY, AND WE COULD TARGET CERTAIN STREETS AND SEND NOTIFICATIONS INDIVIDUALLY. THAT'S WHAT I WAS THINKING.

SO WE CAN TRY OPTIONS LIKE THAT.

THAT TO ME IS HEY, LET'S USE WHAT WE PAID FOR, OKAY.

COUNCILMAN ROBERTS, DO YOU WANT TO AMEND YOUR MOTION TO INCLUDE THAT THE MONEY IS COMING FROM THE CAFFEE'S.

OH, YES.

AND SO THE APPROVAL FOR THE AQUA METRIC, THE FUNDING WILL COME THROUGH THE CAP ACQUISITION FEES.

OKAY. I HAVE A MOTION.

DO I HAVE A SECOND? I'LL SECOND IT.

I HAVE A MOTION BY COUNCILMEMBER ROBERTS, SECOND BY COUNCILMAN BOOTH FOR APPROVAL.

ANY FURTHER DISCUSSION? YES, SIR.

WE'VE GOT SOME EXPENDITURES LIKE THIS WE KNOW ARE COMING UP.

WE NEED TO TALK ABOUT THIS DURING BUDGET CYCLE.

THIS IS JUST NOT THIS IS THIS.

THERE'S THERE'S NO MONEY WITH WITH THIS NAME ON IT.

IT'S JUST THAT THERE.

IT'S A PRETTY BIG EXPENDITURE.

I MEAN, WE'RE WE'RE WILLING TO PAY FOR IT, BUT HOW ARE WE GOING TO PAY FOR IT? IT SHOULD HAVE BEEN DECIDED DURING THE BUDGET PROCESS, NOT.

JANUARY THE 22ND, 23RD.

OKAY. AND THERE'S ANOTHER ONE COMING UP THAT'S VERY SIMILAR.

IT. JUST JUST A LESSON ABOUT SAY, YOU KNOW.

OKAY. ANY FURTHER DISCUSSION? CALL FOR THE VOTE. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE.

AYE. ALL THOSE OPPOSED? SAME SIGN. MOTION CARRIES.

THANK YOU. THANK YOU.

HECTOR. ITEM NUMBER SEVEN.

DISCUSSION AND POSSIBLE ACTION ON PROJECTS TO BE INCLUDED IN THE 2024 CERTIFICATES OF OBLIGATION.

[7. Discussion and possible action on projects to be included in the 2024 Certificates of Obligation. ]

CAN YOU GO BACK? ONE SLIDE.

MAYOR AND COUNCIL.

THE LIST UP THERE ON THE SCREEN ARE THE ITEMS THAT WE HAVE THAT HAVE BEEN DISCUSSED AS BEING POSSIBLY BEING INCLUDED IN THE, CERTIFICATES OF OBLIGATION ISSUE LATER THIS YEAR, BECAUSE SOME OF THESE, SOME OF THESE PROJECTS IN, ARE RELATED TO TECH STOP, PROJECTS, PARTICULARLY THE, DOWNTOWN SIDEWALK PROJECT AND HENDERSON ROAD.

I HAVE ASKED A REPRESENTATIVE FROM TEXAS STATE INFRASTRUCTURE BANK TO BE HERE AND MAKE A PRESENTATION ON A LOAN PROGRAM THEY HAVE, WHICH COULD SAVE US THOUSANDS OF DOLLARS IF WE CHOOSE TO GO THAT ROUTE.

HERE WE GO. THANK YOU, MAYOR COUNCIL.

MY NAME IS DALLAS TUSTIN.

I WORK FOR TEXAS DEPARTMENT OF TRANSPORTATION.

I RUN THE STATE INFRASTRUCTURE BANK BASED OUT OF AUSTIN.

TODAY I'M JUST GOING TO KIND OF GIVE A OVERVIEW, HIGH LEVEL OVERVIEW OF THE PROGRAM, SOME OF THE ELIGIBILITY REQUIREMENTS, THE COST AND THE TIMELINE TO OBTAIN A LOAN.

KIND OF ONE OF THE BIGGEST THINGS I WANT TO WANT YOU ALL TO COME AWAY WITH IT, IS THAT THIS IS A LOW COST TRANSPORTATION FINANCING PROGRAM THAT TXDOT OFFERS.

NEXT SLIDE. YEAH.

SO JUST A LITTLE BIT OF BACKGROUND ON THE PROGRAM AND HOW IT OPERATES.

SO THE, THE CIB IS A REVOLVING FUND.

SO THE PROGRAM HAS BEEN AROUND SINCE THE LATE 90S.

WE DON'T RELY ON APPROPRIATIONS OR ANYTHING LIKE THAT.

SO WE USE REPAYMENTS AND ANY INTEREST THAT WE EARN ON A CASH SITTING IN THE BANK TO BUILD UP THE FUND AND KEEP IT GOING OVER TIME.

THE PROGRAM IS SELF-SUSTAINING.

IT HAS BEEN FOR A WHILE, AND WE HAVE PLENTY OF CAPITAL IN IT RIGHT NOW TO TO LOAN OUT AND DO MORE PROJECTS.

THE MONEY THAT WE'RE USING IS NONFEDERAL DOLLARS, SO I'LL TOUCH ON IN A SECOND.

WE ARE IT IS A FEDERAL PROGRAM.

IT WAS STARTED IN PARTNERSHIP WITH THE FEDERAL GOVERNMENT.

THE MONEY THAT WE'RE USING NOW IS NONFEDERAL.

SO IT'S ALL BEEN RECYCLED.

ALL THAT TO SAY, THE, USING THE CIB WILL NOT FEDERALIZE YOUR PROJECT, SO IT WON'T TRIGGER LIKE A NEPA CLEARANCE OR ANYTHING LIKE THAT.

SO IT'S JUST KIND OF CONSIDERED USING LOCAL DOLLARS FOR A PROJECT.

IF YOU HAVE OTHER FEDERAL OR STATE MONEY ON A PROJECT, YOU'LL HAVE TO ADHERE TO THOSE REQUIREMENTS.

BUT USING THE CIB ITSELF WON'T TRIGGER THAT.

SOME STATS ON THE PROGRAM.

SO WE'VE DONE 154 LOANS FOR 762 MILLION.

AND WE'VE USED THAT TO LEVERAGE TO GET DONE ABOUT $8.2 BILLION IN PROJECTS ACROSS THE STATE OF TEXAS.

OUR LOANS HAVE RANGED FROM AS LOW AS 10,000 UP TO 42 MILLION.

SO WE DON'T HAVE A LOAN MINIMUM.

OUR, WE DO HAVE SOME CAPS ON LOAN AMOUNTS, THE LOWEST ONE BEING ABOUT $50 MILLION.

BUT OUR OUR TEAM HAS A BROAD RANGE OF WORKING WITH DIFFERENT SIZED LOANS.

[01:25:01]

OUR MEDIAN LOAN AMOUNT IS ABOUT 1 MILLION.

SO 1 TO 5 MILLION IS KIND OF WHERE MOST OF OUR LOANS FALL.

NEXT SLIDE. SO WHO TYPICALLY BORROWS FROM US.

SO OUR TYPICAL BORROWER IS A CITY LIKE YOURSELF.

SO 64% OF THE LOANS HAVE GONE DIRECTLY TO CITIES.

ANOTHER 11% HAVE GONE TO COUNTIES.

SO LOCAL GOVERNMENTS MAKE UP, YOU KNOW, 75 TO 80% OF THE LOANS THAT WE'VE DONE.

THAT LITTLE ORANGE SLICE, THE 5%.

SOME COMMUNITIES HAVE LEVERAGED THEIR ECONOMIC DEVELOPMENT CORPORATIONS.

SO IF YOU HAVE ONE SET UP AND THEIR REVENUES GOING INTO THAT, THAT YOU CAN PLEDGE TO DEBT FOR A TRANSPORTATION PROJECT.

SOME COMMUNITIES HAVE DONE THAT TO, TO LEVERAGE THE CIB PROGRAM.

NEXT SLIDE. JUST SOME LOCAL EXAMPLES OF SOME COMMUNITIES IN THE AREA THAT HAVE USED OUR PROGRAM.

SO THE MOST RECENT ONE BEING THE CITY OF WHARTON.

SO IN THE PAST COUPLE OF YEARS, WE'VE DONE TWO LOANS WITH THEM.

ONE OF THEM BEING A UTILITY RELOCATION ON A TECH STOCK PROJECT.

THEY HAD TO MOVE SOME UTILITIES.

SO THEY BORROWED FROM US TO TO DO THAT.

ANOTHER LARGER ONE WAS FOR AN EXTENSION OF FM 301.

SO KIND OF AN OFF SYSTEM ROADWAY THAT I THINK THEY'RE EVENTUALLY BRINGING ON SYSTEM.

BUT, SO THEY BORROWED FROM US TO FUND THAT COMPLETE PROJECT TO CONNECT IT TO US 59.

ANOTHER ONE, WEST COLUMBIA RIGHT UP THE ROAD WAS FOR ANOTHER UTILITY RELOCATIONS.

BUT THESE ARE JUST KIND OF SOME EXAMPLES OF COMMUNITIES IN THE AREA THAT HAVE LEVERAGED OUR PROGRAM.

NEXT SLIDE. SO JUMPING INTO PROGRAM SPECIFICS.

SO ELIGIBILITY.

SO AS I MENTIONED WE ARE A FEDERAL PROGRAM.

SO THE PROJECTS HAVE TO BE FEDERALLY ELIGIBLE.

WHAT DOES THAT MEAN. SO IF IT'S A ROADWAY IT HAS TO BE FEDERAL ELIGIBLE.

BUT THAT DOES NOT MEAN IT HAS TO BE ON THE STATE HIGHWAY SYSTEM.

SO IT CAN BE AN OFF SYSTEM ROAD AS LONG AS IT'S, FUNCTIONALLY CLASSIFIED TO BE A FEDERAL AID ELIGIBLE ROADWAY.

AND I'LL GIVE AN EXAMPLE OF THAT IN A SECOND TO KIND OF TIE THAT TOGETHER.

AND THEN GENERALLY ANY PROJECTS UNDER TITLE 23.

SO I THINK ONE OF THE THE DOWNTOWN PROJECT IS A TRANSPORTATION ALTERNATIVE PROJECT.

SO ANY LOCAL MATCHES THAT YOU HAVE ON TITLE 23, PROJECTS YOU CAN USE THE CIP FOR TO MEET THAT LOCAL MATCH.

ADDITIONALLY, THINGS LIKE THE OFF SYSTEM BRIDGE PROGRAM MAKES PRETTY MUCH ANY PUBLIC BRIDGE IN THE STATE ELIGIBLE TO USE OUR PROGRAM TO DO WORK ON, THESE ARE JUST KIND OF THREE EXAMPLES. THERE'S A ESPECIALLY WITH IIJA, THERE'S A LITANY OF PROGRAMS THAT HAVE COME OUT THAT Y'ALL COULD RECEIVE FUNDS FOR, THAT YOU MIGHT HAVE A LOCAL MATCH, OR IF YOU GET OTHER FEDERAL CATEGORICAL FUNDING THROUGH, THROUGH THE MPO, YOU CAN USE THE CIP TO MEET THAT LOCAL MATCH AS WELL.

NEXT SLIDE. SO THIS IS KIND OF A SNAPSHOT OF THE CITY OF ANGLETON.

SO AS I WAS TALKING ABOUT THE FUNCTIONAL CLASSIFICATION AND THE FEDERAL AID ELIGIBLE ROADS.

SO ON THIS MAP, EVERYTHING THAT'S ORANGE IS AN ON SYSTEM.

SO ON THE STATE HIGHWAY SYSTEM THAT TXDOT MANAGES ROADWAYS, EVERYTHING THAT'S PURPLE OR GREEN ON THIS MAP, I DON'T THINK THERE'S ANY.

THERE IS ONE YELLOW ONE OFF TO THE SIDE, BUT MOST OF IT'S PURPLE WITHIN THIS AREA.

THOSE ARE ALL OFF SYSTEM ROADS THAT ARE ELIGIBLE.

SO I THINK WHEN Y'ALL ARE LOOKING AT RIGHT NOW, IS HENDERSON UP NEAR THE TOP OF THAT MAP? BUT THIS IS JUST KIND OF GIVE A BROAD EXAMPLE THAT THERE IS GENERALLY OPPORTUNITY TO, TO USE OUR PROGRAM ON OTHER ROADS WITHIN THE AREA.

NEXT SLIDE. AND THEN WHAT CAN YOU USE THE FUNDS ON ONCE YOU HAVE AN ELIGIBLE PROJECT? REALLY ANYTHING ASSOCIATED WITH THAT PROJECT YOU CAN USE THE FUNDS ON.

SO THESE ARE SOME COMMON EXAMPLES OF WHAT COMMUNITIES USE THE FUNDS ON.

SO LOCAL MATCHES, AS I MENTIONED, THE ACTUAL CONSTRUCTION AND RECONSTRUCTION AND ALL THE COSTS ASSOCIATED WITH THAT UTILITY RELOCATION.

I WILL GO INTO A LITTLE MORE DETAIL IN A SECOND RIGHT OF WAY ACQUISITION AND THEN THE BOTTOM TWO.

SO CONTINGENCY WITH THE WAY INFLATION HAS BEEN RISING LABOR COSTS FOR THE PAST FEW YEARS, WE'VE BEEN ENCOURAGING ALL OF OUR BORROWERS TO KIND OF INCLUDE CONTINGENCY.

IF YOU DON'T END UP USING IT, YOU CAN RETURN IT TO PAY DOWN A LOAN ONCE THE PROJECT IS COMPLETE.

BUT IF YOU WANT TO USE A CIP PROGRAM TO TO FUND YOUR CONTINGENCY AND YOU DIDN'T BORROW IT UP FRONT, WE HAVE TO GO BACK THROUGH THE ENTIRE PROGRAM, THROUGH THE ENTIRE PROCESS TO OBTAIN THOSE FUNDS.

AND THEN ADDITIONALLY FINANCIAL AND LEGAL FEES.

SO YOUR BOND COUNSEL OR FINANCIAL ADVISOR, IF YOU UTILIZE ONE TO HELP YOU TAKE OUT THE LOAN, YOU CAN ROLL THOSE COSTS INTO IT AS WELL.

THE ONLY CAVEAT THAT'S PROBABLY DIFFERENT FROM YOUR NORMAL DEBT ISSUANCES IS WE CURRENTLY WE CAN'T REIMBURSE COSTS, REIMBURSED PRIOR COSTS.

SO ALL THE COSTS OTHER THAN YOUR FINANCIAL LEGAL FEES HAVE TO BE AFTER WE EXECUTE THE AGREEMENT.

NEXT SLIDE. SO A LITTLE MORE DETAIL ON UTILITY RELOCATIONS.

SO IT'S A PRETTY COMMON USE FOR COMMUNITIES TO USE OUR PROGRAM FOR UTILITY RELOCATIONS.

SO THE TWO SCENARIOS WHEN YOU CAN USE IT IS IF YOU'RE EVER REQUIRED TO RELOCATE YOUR UTILITIES FOR A TECH STOP PROJECT.

ANY SCENARIO WHERE YOU HAVE TO DO THAT, YOU CAN UTILIZE OUR PROGRAM.

ADDITIONALLY, IF THERE'S ELECTIVE RELOCATION WITH ANOTHER ELIGIBLE PROJECT.

SO I THINK, FOR INSTANCE, ON ANY OF THE PROJECTS THAT ARE LOOKING AT, IF YOU ALSO WANTED TO DO UTILITY WORK WHILE YOU'RE DOWN THERE, YOU CAN INCLUDE THAT IN THE LOAN BECAUSE THE

[01:30:08]

THE OTHER PROJECT ITSELF IS ELIGIBLE.

ALL THAT TO SAY, WE CAN'T DO A STANDALONE UTILITY PROJECT, SO IT DOES NEED TO BE CONNECTED WITH SOME OTHER.

NEXT SLIDE. SO I MENTIONED IT'S A LOW COST TRANSPORTATION FINANCING PROGRAM.

SO WHAT DOES THAT MEAN? WE DON'T CHARGE ANYTHING FOR LOAN APPLICATION.

WE DON'T CHARGE ANYTHING AT CLOSING OR LOAN HANDLING.

SO ALL THREE OF THOSE PHASES OF THE LOAN PROCESS ARE HANDLED IN OUR OFFICE AT TXDOT.

ME AND MY TEAM HANDLE EVERYTHING FROM YOUR LOAN APPLICATION TO WILL BE THE ONE SENDING PROBABLY YOUR CITY MANAGER OR BILL INVOICES.

ADDITIONALLY FORM OF AGREEMENT.

SO ABOUT 90% OF OUR LOANS ARE DONE THROUGH A DIRECT LOAN AGREEMENT.

SO THE STATUTE AUTHORIZES COMMUNITIES TO BORROW DIRECTLY FROM US WITHOUT ISSUING A PUBLIC SECURITY.

I DID INCLUDE THE STATUTE REFERENCE IF YOUR CITY ATTORNEY WOULD LIKE THAT.

IT'S USUALLY ONE OF THE QUESTIONS WE GET.

WE CAN BE THE SOLE PURCHASER OF A CERTIFICATE OF OBLIGATION OR BONDS.

BUT GENERALLY, THE USUALLY THE EASIEST METHOD IS FOR US TO DO THAT DIRECT LOAN AGREEMENT.

NEXT SLIDE. REPAYMENT TERMS. SO OUR LOANS ARE, CALLABLE AT ANY TIME.

SO YOU CAN MAKE PREPAYMENTS AT ANY TIME.

IF YOU EVER WANT TO RESTRUCTURE OR PAY DOWN YOUR DEBT WITHOUT PENALTY.

ADDITIONALLY, WE CAN STRUCTURE THE DEBT TO LINE UP WITH YOUR OTHER DEBT SERVICE, WITH YOUR WITH YOUR BUDGET CYCLE.

AND WE ALSO OFFER DEFERMENTS IN THE FIRST FEW YEARS.

SO IF YOU HAVEN'T BUDGETED FOR THE FIRST COUPLE OF YEARS PAYMENTS, YOU CAN EITHER MAKE INTEREST ONLY PAYMENTS DURING THAT TIME OR DEFER THE ENTIRE THING.

OR IF YOU HAVE OTHER DEBT EXPIRING OR SOMETHING LIKE THAT.

NEXT SLIDE. AND THEN THE INTEREST RATE.

SO SOMETHING WE DO THAT'S PROBABLY A LITTLE DIFFERENT.

WE SET THE RATE. ONCE WE RECEIVE A COMPLETED APPLICATION.

WE DO THAT BECAUSE OUR TRANSPORTATION COMMISSION HAS TO APPROVE ALL THESE TERMS. SO WE SET THE RATE THE WEEK YOU APPLY.

IT'S A FIXED RATE THROUGHOUT THE LIFE OF THE LOAN.

SO YOU'LL KNOW THE COST OF BORROWING UP FRONT THE WEEK THAT YOU APPLY WITH US, WE USE THE MMD, THE MUNICIPAL MARKET DATA INDEX, TO SET OUR RATES, AND WE SET IT BASED ON TWO MAIN FACTORS THE CREDIT RATING AND THE TERM OF THE LOAN.

NEXT SLIDE. SO THIS KIND OF SHOWS THE SLIDING SCALE.

THE FARTHER YOU GO OUT, THE MORE THE RATE WILL TICK UP A LITTLE BIT.

THESE ARE TRIPLE A RATES FROM A COUPLE OF WEEKS AGO, THE LAST TIME THE LAST RATES THAT WE PULLED.

NEXT SLIDE. SO TO KIND OF GIVE AN EXAMPLE OF WHAT THE CITY WOULD BE LOOKING AT.

SO IF YOU ALL APPLIED THE WEEK OF JANUARY 10TH FOR A 20 YEAR LOAN, I DID IT DID LOOK LIKE THEY'LL HAVE A DOUBLE-A RATING.

CORRECT. OKAY. SO THIS IS EXAMPLE FOR A DOUBLE-A RATING.

WE WOULD TAKE THAT TRIPLE-A RATE FOR 20 YEAR, ADD 20 BASIS POINTS, AND THEN BRAZORIA COUNTY IS CONSIDERED AN ECONOMICALLY DISADVANTAGED COUNTY.

SO YOU WOULD RECEIVE A 95 BASIS POINT, DISCOUNT ON THAT.

SO ALMOST A FULL PERCENTAGE POINT OFF OUR NORMAL RATES.

THAT EDC DISCOUNT IS GOOD UNTIL THE END OF OUR FISCAL YEAR.

SO SEPTEMBER 2024.

SO IF Y'ALL APPLY FOR A LOAN ANYTIME BEFORE THEN, Y'ALL WOULD GET THAT BENEFIT.

NEXT SLIDE. LASTLY, I'LL TOUCH ON THE PROCESS KIND OF ELEVATOR PITCH.

IT'S ABOUT A 4 TO 6 MONTH PROCESS FROM THE TIME WE RECEIVE AN APPLICATION, UNTIL FUNDS IN YOUR ACCOUNT, IN KIND OF A BEST CASE SCENARIO TO KICK IT OFF, IF WE'RE GOING THE DIRECT LOAN AGREEMENT ROUTE, CITY COUNCIL WOULD PASS A RESOLUTION AUTHORIZING THE CITY TO APPLY FOR THE LOAN THAT WOULD BE SUBMITTED WITH THE COMPLETED APPLICATION.

IT TAKES ABOUT 2 TO 3 MONTHS TO GET ON TRANSFER TRANSPORTATION COMMISSION AGENDA.

SO WE WOULD TAKE THAT APPLICATION, DO OUR INTERNAL DUE DILIGENCE THAT WE DO ON IT.

ONE THING I WILL NOTE, IF THERE'S EVER AN ENVIRONMENTAL COMPONENT THAT'S REQUIRED, WE'LL NEED THAT COMPLETED BEFORE THE COMMISSION WILL APPROVE IT.

IT'S USUALLY ONE OF THE BIGGEST HOLD UPS, SO I LIKE TO MENTION IT UP FRONT.

ONCE WE RECEIVE THAT COMMISSION APPROVAL, IT'S ABOUT 30 TO 45 DAYS TO CLOSE AFTER AFTER THAT.

SO IF WE'RE DOING THE DIRECT LOAN AGREEMENT, WE'LL PROVIDE THAT TO, YOUR ADVISORS TO REVIEW.

ONCE WE HAVE A GOOD ONCE WE'RE IN A GOOD PLACE, IT'LL COME BACK TO THE CITY COUNCIL FOR APPROVAL FOR THAT AGREEMENT.

AND THEN AFTER THAT, WE'LL EXECUTE AND CLOSE, USUALLY ABOUT TWO WEEKS AFTER THAT.

SLIDE. SO LASTLY, JUST TO JUST TO RECAP A COUPLE THINGS.

THE MAIN THING IS JUST WANT Y'ALL TO KNOW THAT THE CIB IS OUT THERE.

SO A LOT OF COMMUNITIES DON'T EVEN KNOW THIS PROGRAM EXISTS AND IS A TOOL THAT THEY CAN USE TO HELP THEM FIGURE OUT HOW THEY'RE GOING TO GET TRANSPORTATION PROJECTS DONE.

KNOWING THAT IT'S AVAILABLE FOR ON AND OFF SYSTEM PROJECTS.

SO JUST BECAUSE IT'S A TECH STOCK PROGRAM DOESN'T MEAN IT'S ONLY AVAILABLE FOR TXDOT ROADWAYS.

SO THERE IS GENERALLY POTENTIAL FOR OFF SYSTEM ROADS AS WELL.

THE INTEREST RATE, I SHOWED Y'ALL AN EXAMPLE.

SO JUST REMEMBER THAT IT'S FIXED AT THE TIME OF APPLICATION.

PROCESS TAKES 4 TO 6 MONTHS.

SO JUST WORKING THAT INTO YOUR PLANNING THERE AND THEN ALL OF OUR LOANS HAVE TO GO THROUGH OUR TRANSPORTATION COMMISSION.

[01:35:05]

NEXT SLIDE. SO WITH THAT, I KNOW THAT WAS A LOT OF INFORMATION I JUST DUMPED ON Y'ALL.

SO I WOULD I'D LOVE TO TAKE QUESTIONS FROM.

OKAY, I'M ASKING YOU FOR A FRIEND.

YEAH, I GOT A LOT OF FRIENDS, BUT. SO WHEN WE DO THIS TXDOT SIDEWALK PROJECT, ONE OF THE CHALLENGES WE HAVE OLD WATER AND SEWER LINES UNDERNEATH THE ROAD.

WOULD WOULD THAT BE ENCOMPASSED IN THIS, OR IS THAT BECAUSE IT'S NOT A ROAD DOESN'T QUALIFY, IS IT ON ON THE ADJACENT ROADWAY? IT'S UNDERNEATH THE CURRENT SIDEWALK AND ROADWAY.

OKAY. IT'S IT'S IT'S IT'S IT'S WITHIN TXDOT.

RIGHT OF WAY. YEAH.

OKAY. SO IT'S WITHIN TEXAS RIGHT AWAY UNDER THE ROAD.

YES, SIR. THAT'S THAT'S SOMETHING WE'D PROBABLY HAVE TO CLEAR WITH THE DISTRICT, BUT JUST KIND OF IN A GENERAL SENSE.

YOU COULD INCLUDE THAT IN THE, IN THE CIP PROCESS.

CAN YOU ASK FOR MY FRIEND? YES, I CAN. THANKS.

WELL, WE SAY LOAN, GET A LOAN FOR $10 MILLION.

JUST PICK A NUMBER.

DOES TXDOT HAND OVER THE FULL 10 MILLION, OR CAN YOU JUST GET IT AS YOU NEED IT TO TO TO HIT THE 10 MILLION? MOST OF IT IS, DISPERSED ALL AT ONCE INTO A PROJECT ACCOUNT, AND THEN YOU'LL DRAW OUT OF THAT PROJECT ACCOUNT AS YOU DO THE PROJECT.

IF IF Y'ALL NEED IT IN MULTIPLE DISBURSEMENTS, WE CAN SCHEDULE THOSE OVER TIME.

THE ONLY RESTRICTIONS THAT WE HAVE IS A THIRD OF THE FUNDS HAVE TO BE DRAWN WITHIN A YEAR, TWO THIRDS THE NEXT YEAR.

AND THEY ALL HAVE TO BE DRAWN BY THE THIRD YEAR, MAINLY JUST BECAUSE WE RAN INTO SITUATIONS IN THE PAST WHERE, BORROWERS WERE BASICALLY LOCKING UP FUNDS AND NOBODY ELSE COULD USE THEM. THEY WEREN'T DRAWING THEM.

YES, SIR. SO THAT'S REALLY THE ONLY RESTRICTIONS.

BUT MOST OF OUR LOANS ARE DISBURSED ALL UPFRONT, BUT WE CAN SCHEDULE DISBURSEMENTS.

OKAY. THAT MIGHT BE THAT MIGHT BE BENEFICIAL.

CECIL WHY DOES IT SAY CANNOT BE USED FOR A STANDALONE UTILITY PROJECT? BUT IN THE EXAMPLES YOU GAVE, THEY WERE UTILITY RELOCATION, UTILITY RELOCATION, UTILITY.

WHAT ARE SO ALL THOSE UTILITY RELOCATIONS WERE FOR TEXTILE PROJECTS.

OKAY. SO THAT'S IT'S ACTUALLY IT'S A PRETTY COMMON USE FOR OUR PROGRAM IS, YOU KNOW, MEAN OLD TECH STOCK COMES IN THERE, DOING ROADWAYS, AND THEN THEY GO TO THE LOCALS AND SAY, HEY, YOU GOT TO GET YOUR UTILITIES OUT OF THE WAY.

SO WE, WE WORK WITH A LOT OF LOCAL GOVERNMENTS THAT RUN INTO THAT SITUATION, AND THEY HAVEN'T BUDGETED FOR IT.

SO THEY BORROW FROM OUR PROGRAM TO MEET THAT OBLIGATION.

WE ALSO WORK WITH A LOT OF, SO ON THAT PIE CHART I HAD WATER SUPPLY ENTITIES ON THERE.

SO THOSE ARE WATER SUPPLY CORPORATIONS, MUNICIPAL UTILITY DISTRICTS, OTHER ENTITIES THAT HAVE UTILITIES AS WELL THAT HAVE TO MOVE OUT OF THE WAY.

SO THAT HAPPENED TO WEST COLUMBIA, RIGHT? YES. WHAT'S THE THE MAX 25 YEARS ON THE LOAN? WE IF IT'S A LARGER LOAN, WE CAN GO UP TO 30.

IF IT'S UNDER 10 MILLION, WE USUALLY STAY 20 TO 25 YEARS JUST BECAUSE IT IS A REVOLVING FUND.

SO WE WE TRY TO GET THE FUNDS BACK INTO THE PROGRAM WHILE ALSO TRYING TO BE ACCOMMODATING BECAUSE OBVIOUSLY LONGER, LOWER PAYMENTS AND THE RATES YOU HAVE POSTED HERE THAT'S BASED OFF OF TODAY'S RIGHT.

THOSE ARE FROM THE WEEK OF JANUARY 10TH.

SO THEY HAVE TICKED UP A LITTLE BIT SINCE THEN.

THEY DON'T MOVE A LOT WEEK TO WEEK.

RIGHT. BUT YEAH.

SO WITH THE CAVEAT ON THOSE RATES, DO NOT HOLD ME TO THOSE IF Y'ALL COME TO US IN THREE MONTHS OR SOMETHING.

BUT IT WAS MAINLY JUST KIND OF A SNAPSHOT TO SHOW HOW IT WORKED AND HOW WE DO SET OUR RATES.

IT LOOKED VERY FINAL.

HOW FAR, HOW FAR, ALONG WITH THE LET'S SAY WE HAVE HENDERSON ROAD.

DO WE JUST USE IT, FOR EXAMPLE, BECAUSE IT'S HOT, IT'S ON THE FRONT BURNER FOR US RIGHT NOW.

HOW FAR ALONG IN THAT PROJECT DO WE NEED TO BE? TO COME APPLY FOR FOR FOR MONEY.

SO IS IS HENDERSON AN OFF SYSTEM ROAD.

YES IT'S OFF SYSTEM.

IT'S THERE'S DOES IT INTERSECT WITH AN ON SYSTEM.

YES. IS IT WAS IT GOES BETWEEN TO IN YOUR MATT OKAY.

YEAH. YOU LISTED IT IN THE RIGHT COLOR AND EVERYTHING.

YEAH I WOULD HAVE TO DOUBLE CHECK.

BUT AS LONG AS THERE'S IF THERE'S NOT ENVIRONMENTAL WORK INVOLVED IN IT, YOU CAN BORROW EARLY.

SO FOR DESIGN WORK, PRELIMINARY ENGINEERING TYPE THINGS, IF THERE IS ENVIRONMENTAL WORK THEN IT WOULD MAINLY HAVE TO BE FOR CONSTRUCTION WORK.

DOES THAT MAKE SENSE? I'M SORRY, BUT IF IT'S GENERALLY IF IT'S AN OFF SYSTEM ROAD, THERE'S NO OTHER FEDERAL OR STATE MONEY ON IT AND THERE'S NO ENVIRONMENTAL REQUIREMENT.

AND OUR PROGRAM DOESN'T TRIGGER ONE YOU CAN BORROW BEFORE BECAUSE THERE'S NO NOT GOING TO BE AN ENVIRONMENTAL COMPONENT TO IT, BECAUSE WE'VE DONE A LITTLE BIT OF LEGWORK UP FRONT.

WE'VE DONE SOME TOPOGRAPHIC SURVEYING, WE'VE DONE SOME BOUNDARY LAYING OUT THE RIGHT OF WAY MAP AND THINGS LIKE THAT.

I DON'T KNOW IF WE NEEDED TO BE GIVE YOU A CONCEPTUAL IDEA OF WHAT THE ROADWAY IS GOING TO LOOK LIKE.

WE'VE DONE TRAFFIC COUNTS, WE'VE DONE A SIGNAL DESIGN.

THERE'S A LOT OF STUFF WE'VE DONE OUT THERE.

[01:40:03]

OKAY. GENERALLY FOR IF, IF YOU'RE IF IT'S A PURELY OFF SYSTEM AND YOU'RE ONLY USING LOCAL FUNDS ON IT, WE WOULD MAINLY JUST KIND OF NEED THE LIMITS AND THE TYPE OF WORK THAT Y'ALL ARE DOING. IT'S A IF IT'S A LITTLE FARTHER ALONG THAN WE WOULD NEED SOME USUALLY 30 OR 60 DESIGN WORK DONE.

BUT IN THAT SCENARIO WE WOULD PROBABLY JUST NEED THE LIMITS AND AND THE TYPE OF WORK THAT Y'ALL ARE DOING.

SO IN THE BIGGER SCHEME, WHATEVER WE BORROW, WHETHER IT'S HENDERSON ROAD OR WHETHER IT'S THE TXDOT GRANT THAT WORKS INTO OUR BOND, OUR CAPACITY TO TAKE CERTIFICATES OF OBLIGATION.

SO, FOR EXAMPLE, IF WE'RE AT $10.5 MILLION, BUT WE TAKE A MILLION AND A HALF OUT, WE'VE JUST REDUCED OUR CERTIFICATES OF OBLIGATION BY A MILLION AND A HALF.

SO WE NEED TO GO OUT FOR NOT 9 MILLION INSTEAD OF 10.5 MILLION.

FOR EXAMPLE, IF WE WENT TO THIS PROGRAM OR IF WE ROLLED HENDERSON ROAD INTO THAT, YOU KNOW, WE WOULD DEDUCT WHATEVER THAT AMOUNT IS OUT OF WHAT WE GO OUT FOR CERTIFICATES BECAUSE IT COUNTS AS DEBT.

WHAT'S THE.

SO WHO YOU SAID THAT THE YOU GET APPROVAL FROM THE COMMISSION, RIGHT? YES. IS IT JUST A FORMALITY OR WHAT DO THEY HOW OFTEN DO THEY TURN CITIES AWAY AND SAY, NO, WE WE WE OCCASIONALLY HAVE QUESTIONS WE'VE NEVER HAD ONE DENIED SINCE I'VE BEEN HERE.

KNOCK ON WOOD NOW. BUT, GENERALLY IT'S WE TAKE LATELY WE'VE BEEN TAKEN ABOUT ONCE A MONTH.

SO THEY'RE, THEY'RE PRETTY USED TO THEM.

THEY, YOU KNOW, THEY'RE FAMILIAR WITH THE PROGRAM AND WHY COMMUNITIES ARE COMING TO US FOR IT.

SO, IS, YOU KNOW, ESPECIALLY FOR, YOU KNOW, AN OFF SYSTEM CONSTRUCTION PROJECT OR A, YOU KNOW, A GRANT FOR A TA PROJECT.

THOSE ARE PRETTY STRAIGHTFORWARD, UNCONTROVERSIAL.

SO, YOU KNOW, IT'S USUALLY STRAIGHTFORWARD WITH THEM AND QUICK.

THE NEXT QUESTION IS REALLY FOR PHIL AROUND.

YOU TALK ABOUT THE SAVING DIFFERENCE.

HAVE YOU COMPUTED THAT BASED OFF OF, SAY, THE LAST CEO AND WHAT THAT RATE WAS, HOW MUCH IT WOULD BE A CERTAIN LEVELS? HOW MUCH SAVINGS? NO, I HAVE NOT DONE THAT.

BECAUSE YOU TALKED ABOUT THOUSANDS OF DOLLARS SAVINGS.

IT'D BE NICE TO KNOW WHAT THAT NUMBER WOULD BE.

YEAH, I WAS BASING THAT ON CLOSE TO, YOU KNOW, ABOUT 65 BASIS POINTS ON $10 MILLION OVER 20 YEARS.

THAT'S GOING TO BE SEVERAL THOUSAND DOLLARS RIGHT NOW.

A TOTAL A ROUND NUMBER, I DON'T KNOW.

BUT IT'S REALLY NOT $10 MILLION BECAUSE YOU'RE ONLY SAVING ON 1.5.

THAT'S TRUE. RIGHT.

YEAH. PLUS.

YEAH. THEN THE OTHER THING IS.

YOU ALSO SHOULD.

I THINK IF JOE WAS HERE, HE WOULD TELL US THE SAME THING THAT YOU'RE RISKING THE THE BIDDERS, THE THE LOWER YOU DECREASE THAT THAT BOND, YOU'LL HAVE LESS BIDDERS IN SOME CASES BECAUSE THEY DON'T WANT A CERTAIN LEVEL.

SO LET'S SAY WE DID 5 MILLION FOR HENDERSON AND 1.5 MILLION FOR THE TEX DOT PROGRAM.

AND YOU JUST TOOK 6.5 MILLION OUT OF THIS BOND.

NOW YOU'RE ONLY LOOKING AT 3.5 MILLION TO GO OUT FOR DEBT FOR YOU'RE GOING TO HAVE LESS BIDDERS BECAUSE THEY DON'T WANT TO.

THEIR RETURN IS GOING TO BE LESS ON 3.5 MILLION VERSUS A $10 MILLION.

SO TO ME, THAT SHOULD ALSO BE IN THE BACK OF OUR MINDS AS WELL.

SURE. YOU KNOW, THIS IS ONE ALTERNATIVE, RIGHT? SO REALLY, TONIGHT'S ABOUT SOLIDIFYING WHAT WE WANT, THE BOND WE WANTED TO THROW THIS FINANCIAL OPPORTUNITY FOR YOUR CONSIDERATION ON HOW WE WANT TO DO THAT.

WE DON'T HAVE TO MAKE A DECISION TONIGHT.

REALLY. IT'S ABOUT FIRMING OUT WHAT'S IN THE BOND, GETTING THE BOND COUNSEL TO LOOK AT THAT, CREATING A TIMELINE.

AND THEN WE CAN DECIDE, YOU KNOW BILL CAN COME BACK WITH SOME NUMBERS ON, YOU KNOW, POTENTIAL SAVINGS OR WHATEVER.

AND THEN AND THE RISKS OF LIKE YOU SAID, JOHN, A LOWER BOND AMOUNT.

I THINK THIS IS A GREAT IDEA.

I'M NOT I'M NOT AGAINST IT.

I WOULD JUST LIKE TO UNDERSTAND THE RAMIFICATIONS OF THE OTHER SIDE.

AND ALSO IF THE MAX IS, WHAT, 20 TO 25, 20 YEARS, I THINK IS WHAT YOU SAID ROUGHLY, VERSUS I'M SURE IN THE 10 MILLION WE PROBABLY GO OUT FOR WOULD PROBABLY BE 25 YEARS.

SO YEAH, SO 20 TO 25 IS, IS USUALLY WHERE WE'RE COMFORTABLE COMFORTABLE WITH ANYTHING UNDER 10 MILLION.

SO I MEAN EVEN 25 YEARS IS FEASIBLE IF THAT'S WHAT YOU ALL ARE LOOKING AT OKAY.

[01:45:04]

WE JUST.

APPLES TO APPLES COMPARISONS.

WOULD BE NICE TO SEE, WHAT THE SAVINGS WOULD BE VERSUS THE NUMBER OF YEARS VERSUS, YOU KNOW, INTEREST RATES THAT COULD BE AFFECTED AS WELL.

BUT I LIKE THE IDEA.

ANYTHING TO SAVE MONEY ON INTEREST AND.

IT'S ALMOST LIKE BORROWING FROM YOURSELF, ALTHOUGH IT'S A STATE.

SO ONCE YOU DETERMINE THE INTEREST RATE, IT'S FIXED FOR THE LIFE OF THE LOAN.

YES. IT'S A IT'S A FIXED RATE.

SO AS I MENTIONED, WE LOCK IT IN WHEN YOU APPLY.

AND THEN IT'LL THAT'LL BE THE RATE.

OKAY. ONCE WE AGREE TO THOSE TERMS THAT'LL, THAT'LL KIND OF BE WHAT WE'RE, WHAT WE'RE GOING WITH IS LOOKING AT THIS WHARTON, THIS LIST OF CITIES THAT YOU'VE LOANED OUT.

YOU'VE GOT A TOTAL OF $20.5 MILLION LOANED OUT TO WHARTON FOR TWO DIFFERENT PROJECTS.

THEY THEY APPARENTLY LIKE THE, LIKE THE DEAL Y'ALL GAVE THEM, YEAH.

THEY'RE GOOD TO WORK WITH. IS IS IS IS THE RATE OF THE LOAN CONTINGENT ON THE DURATION OF THE LOAN, OR ARE WE ALLOWED TO ESTABLISH OUR OWN TERMS? YEAH. SO IF YOU GO BACK A FEW SLIDES AND I APOLOGIZE IF YOU PUT THAT UP THERE, BUT IF YOU IF YOU SAID THAT WE CAN TAKE A LOAN FOR TEN YEARS AS OPPOSED TO 20.

YEAH. SO CECIL BECAUSE, YOU KNOW, THAT'S MY THING.

THERE'S SEVERAL DIFFERENT. YEAH.

SO THE RATES THAT'S KIND OF A SLIDING SCALE.

IT GOES UP THE FARTHER.

SO THE BOTTOM ON THAT IS A TEN YEAR LOAN.

AND THEN THE VERY TOP IS A 25 YEAR LOAN.

SO I APOLOGIZE.

I DID NOT. NO, NO, NO EXPLAINING THAT.

YOU'RE GOOD. YOU THREW THIS UP THERE.

I REMEMBER SEEING IT.

CECIL JUST TOLD ME THAT IT WAS UP HERE.

AND YOU. YOU GUYS ARE GOOD, I APPRECIATE IT.

YES, THERE WAS THERE WAS A LOT GOING ON THERE.

YOU KNOW, THERE IS A BENEFIT TO A SHORTER TERM.

YOU KNOW ME, I DON'T LIKE THESE LONG TERMS. IF WE CAN'T AFFORD IT IN THE SHORT TERM, I DON'T I WE NEED TO BUCKLE DOWN AND PAY FOR IT.

THAT'S THE WAY I DO THINGS AT HOME.

IF I CAN'T AFFORD TO PAY FOR SOMETHING IN A SHORT TIME, THEN THEN I DON'T.

I CAN'T AFFORD IT AND I'M NOT GOING TO PAY THE INTEREST ON IT.

AND THAT'S JUST THE WAY IT GOES DOWN.

YEAH. HE ALSO MENTIONED, THOUGH, THAT WE CAN THERE'S NO PENALTY FOR PAYING OFF EARLY.

SO THAT'S GOOD.

YEAH. THAT'S THAT'S.

YEAH. SO IF YOU, YOU KNOW, IF Y'ALL DO END UP DOING 20 OR 25 YEARS AND THEN IN FIVE YEARS, YOU WANT TO EITHER ISSUE REFUNDING BONDS TO GET A LOWER RATE OR Y'ALL, YOU KNOW, WANT TO PAY FOR IT OUT OF GENERAL REVENUE.

YOU CAN'T. NO.

AND THAT'S ABSOLUTELY CORRECT.

YOU KNOW, BECAUSE TOUGH, TOUGH, TOUGH DECISIONS ARE MADE WITH WITH PLANS AHEAD OF THEM.

RIGHT. SO WE'RE MAKING DECISIONS BASED BUDGETARY DECISIONS ON THIS.

WE'VE GOT STUFF THAT'S CARRYING ON IN FRONT OF IT.

AND WE GOT TO GET THIS KNOCKED OUT.

FROM BELIEVING, DRAGGING THINGS OUT.

OKAY. ANYBODY ELSE? ALL RIGHT. THANK YOU, THANK YOU.

THANK YOU VERY MUCH.

YEAH. APPRECIATE IT. NOW WE GET TO TALK ABOUT THE SECOND PART OF THIS ITEM, WHICH IS WHAT'S GOING IN IT.

HOW MUCH? AND THE ATTACHMENT HERE WE HAVE WHAT, 5 MILLION SITTING THERE. SO WE HAVE ANOTHER 5 MILLION.

THAT'S NOT ACCOUNTED FOR.

SURE. I'LL JUMP OUT THERE.

I SAY 5 MILLION FOR HENDERSON ROAD.

HOWEVER, WITHOUT PLANS YET, AND UNDERSTANDING WHAT THAT WOULD GO TO, I DO WANT TO SEE US TACKLE ANOTHER STREET ON THE SOUTH SIDE OF TOWN.

I'M. I'M OPEN TO IDEAS.

BUT. I THINK THE SOUTH SIDE'S ONLY HAD ONE STREET REDONE AND THAT WAS SOUTH SIDE DRIVE.

WE'VE DONE QUITE A FEW ON THIS SIDE OF TOWN AND WE'RE DOING ONE ON PARRISH.

YOU KNOW, I THINK IT'S EQUITABLE TO EITHER GO CENTRAL OR GO SOUTH.

BUT, YOU KNOW, I'M WILLING TO SACRIFICE A LITTLE BIT OF THE ROAD MONEY FOR THAT.

I DON'T KNOW IT REALLY.

I'D LIKE US TO SEE US TAKE A BIG SWIPE AT HENDERSON.

HOWEVER, I DON'T KNOW WHAT WHAT THAT PLAN IS YET, SO IT'S HARD FOR ME TO SAY YES.

ALL 5 MILLION TO HENDERSON, RIGHT? AND REMEMBER, YOU HAVE TO. WE HAVE TO REALLY SPEND IN ABOUT THREE YEARS.

SO, YOU KNOW, HENDERSON'S AT 2 MILLION RIGHT NOW AND WE CAN'T COME UP WITH DESIGN AND APPROVAL AND WHATEVER OF OTHER PROJECTS IT MIGHT BE SUITABLE TO, LIKE YOU SAID, SPEND, SPEND 5 MILLION AND CALL IT HENDERSON ROAD AND OTHER ROAD PROJECTS.

AND AND ONCE YOU SPEND THE MONEY ON HENDERSON ROAD, THEN FIGURE OUT WHAT'S LEFT AND WHAT YOU WANT TO DO AND CREATE THOSE OTHER NAMED ROADS.

[01:50:05]

HOW LONG DO WE HAVE? AGAIN, YOU SAY, CHRIS.

WELL, GENERALLY THE RULE IS THREE YEARS TO OBLIGATE THE MONEY.

DO YOU THINK IN THE NEXT 36 MONTHS WE CAN MAKE HEADWAY ON THAT, WITH THAT, WITH THAT AMOUNT OF MONEY? WELL, I THINK BASED ON THE CONVERSATIONS WITH JOHN, THAT 2 MILLION IS GOING TO TAKE A LITTLE WHILE TO SPEND BECAUSE THEY'VE GOT TO GO THROUGH NEGOTIATIONS WITH PROPERTY OWNERS, AND WE DON'T EVEN KNOW YET HOW MANY PROPERTY OWNERS WE NEED TO NEGOTIATE WITH.

THAT'S WHAT I'M SAYING. THERE'S SOME UPFRONT WORK WE GOT TO DO BEFORE WE EVEN THINK ABOUT NEGOTIATING WITH PROPERTY.

TAKE US THREE YEARS TO GET THROUGH JUST THE RIGHT OF WAY STUFF, MUCH LESS WE GOT TO START SOMEWHERE.

BUT YOU COULD PROBABLY DO SOME IF YOU DECIDED TO TACKLE INTERSECTIONS OR WHATEVER.

YOU KNOW, YOU CAN COST THOSE OUT AND SAY, HEY, WE'RE GOING TO IMPROVE X, Y AND Z INTERSECTION AND MAKE IT, YOU KNOW, TO THIS STANDARD.

AND THAT'S CULVERT WORK AND IT'S DIRT WORK AND IT'S, YOU KNOW, SIGNALIZATION OR WHATEVER AND FIGURE OUT WHETHER YOU CAN PUT THAT IN THERE.

RIGHT. SO.

WE THE 2 MILLION, A GUESSTIMATE OF WHAT WE THINK IT'S GOING TO TAKE TO WORK ON THE RIGHT OF WAY.

THAT'S WHAT JOHN PETERSON PROPOSED, THE PRESENTED.

THAT WAS BEFORE WE SAID FIGURE OUT A WAY TO MAKE IT FIT IN THE 80 FOOT RIGHT OF WAY THAT HE HAS.

SO HE'S SUPPOSED TO COME BACK TO US WITH THAT.

SO WHERE I'M GOING WITH IT IS I WOULD DEFINITELY LIKE TO SEE ANOTHER STREET TACKLED.

THAT'S NOT TO DEFER.

WHICH ONE? WHICH ONE? YES.

OR WITH HENDERSON WE'VE GOT THREE.

WITH HENDERSON ROAD YOU CAN TOUCH TWO MORE THAN ONE ROAD.

CEMETERY. WE'RE JUST WE JUST EARLIER TONIGHT DECIDED TO DRAW $300,000 OUT OF THE BOND THAT WAS JUST WENT OUT TWO YEARS AGO.

AND TO TACKLE.

THE CITY HALL ANNEX.

SO I THINK I TOLD YOU I HAD MY VOTE.

WE BROUGHT $300,000 BACK OVER TO THIS BOND.

AND, AND SO, YES, I WOULD LIKE FOR US TO LOOK AT RIGHT AWAY AT HENDERSON.

LOOK AT POTENTIALLY THE INTERSECTION OF VALDERICE AND HENDERSON, WHAT THAT ONE INTERSECTION WOULD LOOK LIKE IF WE WERE TO. GO.

BELLS AND WHISTLES LIKE SET IT UP FOR FUTURE EXPANSION.

BASICALLY, GET IT BUILT WHERE THERE'S THE CULVERT IS UNDER THE ROAD AT THAT CORNER.

THAT IT IS AT LEAST FOUR LANES.

PERHAPS A FIFTH WOULD BE IN THE MEDIAN, OR AT LEAST A DIVIDED AND A DESIGNATED TERM TERM AS IT IS RIGHT NOW, BUT IT'S JUST TWO LANES WITH ONE ONE ANYWAY.

I DON'T KNOW WHAT THAT THAT MOUNTAIN GETS US TO.

I DON'T I'M NOT TRYING TO.

I WOULD ALSO LIKE TO LOOK AT POTENTIALLY.

FINISH CEMETERY OR WHATEVER.

OR PERHAPS DWYER.

BECAUSE THE WIRE IS RIGHT THERE, AND I FEEL LIKE THAT WOULD BE A GOOD CONTINUATION OF THE PROJECT THAT WAS COMPLETED ON THE RHODES PROJECT Y'ALL DID A FEW YEARS AGO.

I FEEL LIKE THE WIRE WOULD MATCH OR MEET UP WITH.

YOU KNOW, SOUTH SIDE.

AND SO ANYWAY, JUST I FEEL LIKE THAT WOULD BE IN THAT SAME QUOTE UNQUOTE NEIGHBORHOOD.

BUT I WOULD LOVE TO SEE SYMMETRY AT SOME POINT COMPLETED.

I IT HAS.

AND ONE POINT IN TIME. I WASN'T HERE WHEN I WAS DONE, BUT SOMEBODY DID A REALLY GOOD JOB BUILDING HALF THAT ROAD.

IT'S TIME TO CONTINUE THE REST.

AND. THAT'S JUST MY OPINION.

I THINK THERE'S OPPORTUNITY THERE.

ONCE YOU DO THAT, YOU KNOW, IN THE FUTURE IT SETS IT UP FOR SIDEWALKS, WHICH IS GREAT FOR, YOU KNOW, YOU HAVE A SCHOOL RIGHT THERE.

SO, I MEAN, YOU KNOW, EVENTUALLY YOU'RE GONNA HAVE A PARK.

YOU WANT TO YOU WANT TO MAKE SURE THAT KIDS AREN'T WALKING ON THE ROAD.

THAT'S JUST MY OPINION.

SO THOSE ARE MY YES, I DEFINITELY WOULD LIKE TO SEE US DO A PROJECT IN ADDITION TO LOOKING AT HENDERSON ROAD.

YEAH. WITH REGARD AND I CONCUR ABOUT DWYER STREET.

DWYER STREET IS GOING TO.

WE'LL HAVE A STREET WHERE THERE IS NOT A STREET.

I MEAN, THE STREET ENDS AT THE END OF THE SUBDIVISION.

THE REST OF IT IS JUST A DRIVEWAY.

SO WE COULD EXTEND DWYER STREET ALL THE WAY UP TO BUSINESS TO 88.

MAKE THAT A PROPER INTERSECTION WHERE IT TIES IN RIGHT THERE.

THEN THAT PIECE OF PROPERTY BECOMES PRETTY VALUABLE.

WE'VE BEEN TALKING ABOUT SURPLUS ING THAT PIECE OF LAND AND GETTING IT AND SELLING IT TO SOMEBODY.

SO IT'S NOT WORTH ANYTHING TO ANYBODY.

THE WAY IT RUNS THROUGH THERE NOW, IT'D BE WORTH A WHOLE LOT MORE IF WE GO IN THERE AND BUILD DWYER STREET, AND EVEN IF WE KEEP IT, IT

[01:55:07]

MAKES IT A USABLE STREET, AND IT'S SAFER TO GET OUT ON THE ROAD.

YOU'RE ACTUALLY JUST KIND OF CLIMBING UP OUT OF THE DITCH TO GET UP ON THE ROAD NOW AS IT IS.

SO THAT'S THAT'S MY SOAPBOX ABOUT DWYER STREET.

I'D LOVE TO SEE CEMETERY ROAD FINISHED OUT WHEN CEMETERY ROAD WAS.

WE STOPPED THE PAVEMENT ON CEMETERY ROAD WHERE IT IS NOW THAT TOOK IN.

WHAT IS THAT? BESIDE IS THAT PARK LANE BESIDE THE SOUTH SIDE DRIVE IT TOOK IN PARK LANE.

AND THEN THAT'S JUST ABOUT THE LIMIT OF THE MONEY THAT THE CITY WAS WILLING TO SPEND ON CEMETERY ROAD AT THE TIME.

SO NOW I'D LOVE TO SEE CEMETERY ROAD EXTENDED ALL THE WAY OUT TO SOUTH DOWNING OH 523 INTO TO GET THAT TAKEN CARE OF.

THEN YOU WOULD BUILD AT LEAST BUILD A TURNOUT ON TO GIFFORD.

THAT'S RIGHT TO KNOW I AGREE.

I MEAN, IF YOU'RE GOING TO GO THAT FAR ON CEMETERY.

ABSOLUTELY. YOU BUILD THE TURNOUT TO GIFFORD FOR FUTURE.

FUTURE? YEAH.

WE WHEN YOU START TACKLING GIFFORD, YOU'RE GOING TO BE TACKLING A BEHEMOTH.

THAT IS A BIG, BIG JOB.

THE CITY HAS LOOKED AT TACKLING SHANKS ROAD IN THE PAST, AND THAT'S ANOTHER ONE THAT'S GOING TO BE VERY, VERY COSTLY.

SO THAT'S GOING TO BE TAKE IN ALL THE DRAINAGE IS GOING TO GO TO THE SOUTH CEMETERY SCARES ME FOR THE EXACT REASON.

WHAT'S THAT? THE DRAINAGE.

WELL. THE DRAINAGE. ONCE YOU CUT THAT ROAD DOWN.

NO. IT'S OKAY.

WELL, WE ALREADY HAVE FLOODING ON THAT STREET ON THIS PART THAT'S ALREADY LOWER.

IT'S ALREADY COMING UP OUT OF THE MANHOLES OVER THERE.

WELL, THAT'S SANITARY SEWER WATER THAT'S SQUIRTING UP OUT OF THE GROUND.

YEAH. IT'S ONLY GOING TO IMPROVE WITH OUR INFLUENCE.

IT'LL IMPROVE, I HOPE SO.

THOUGH THIS THE NOTE ON HERE HENDERSON ROAD TO BEGIN ON THE EAST END.

IS THAT JUST A.

MAYBE. WHAT IF.

WHATEVER. YEAH, WE COULD TAKE THAT OUT OF THERE.

THAT WAS JUST, I THINK, SUGGESTION WE HAD BEFORE.

OKAY. SO YOU'RE TALKING ABOUT HIDDEN FROM 35 BACK THIS WAY.

I'M SAYING THAT WHEN WHEN YOU BUILD A STREET.

FOR THE MOST PART, YOU HAVE TO START AT THE DOWNSTREAM END FOR THE STORM SEWER AND WORK YOUR WAY UP UPSTREAM.

IT WAS. IF YOU CAN, YOU CAN BUILD BOUNDARY STREET INTERSECTION WITHOUT GROSSLY IMPACTING THE FLOOD WATER DOWNSTREAM.

AND WHEN YOU BUILD A STREET, A HIGHWAY, WHATEVER YOU NEED TO START AT THE WATER OUTFALL AND WORK YOUR WAY UP.

BECAUSE THAT'S JUST THE WAY YOU DO IT.

IT'S EXPENSIVE, ESPECIALLY WHEN YOU'RE BRINGING A BIG BUNCH OF STORM WATER TO, LET'S SAY, BRUSH YOUR BOW.

SO. IT'S IT'S NOT EASY TO TELL YOU THIS, BUT THAT'S WHAT THAT'S WHAT IT TAKES TO START AT THE DOWNSTREAM END AND WORK UP. AND WHERE'S THE DOWNSTREAM END? AT BRUCEBO, WHICH IS ON THE EAST.

IT'S AT THE DOWNSTREAM END.

IT'S DOWNSTREAM. IF YOU'RE HEADING WEST FROM 35, IT'S DOWNSTREAM IF YOU HEAD EAST FROM TO 80 BUSINESS.

AND THAT'S WHAT HERB SMITH SAID IN 2008 TO US AS WELL.

I TOLD HER TO TELL YOU THAT THIS, THIS, THIS, THIS IS THE SAME THING OVER THERE.

THIS IS THE SAME THING WE ALL KNOW DRIVING DOWN IT.

YEAH, IT'S TRUE THAT IT'S GOING TO START AT THAT POINT AND IT'S HEADING EAST.

THAT'S GOING TO BE THE MOST EXPENSIVE PART BECAUSE THE STORM SEWER IS IS, THAT'S RIGHT IS BIG DOWN THERE.

SO WOULD THAT MEAN WE WOULDN'T BE ABLE TO PIECE IT OUT INTERSECTION AND INTERSECTION AND THEN CONNECT THEM EVENTUALLY? WELL, YOU'RE GOING TO LIVE WITH FLOODING WHEN YOU DO THAT.

THAT MEANS WE DON'T WANT THAT MEANS WE DON'T WANT TO DO IT THAT WAY.

YOU IF YOU'RE WILLING TO LIVE WITH THE FLOODING THAT YOU HAVE NOW.

NO. THEN YOU'RE YOU'RE NOT I'M NOT GOING TO SAY YOU'RE GOING TO EXASPERATE THE FLOODING BY DOING INTERSECTION BY INTERSECTION, BUT YOU'RE NOT GOING TO BE ABLE TO RID YOURSELF OF IT. OKAY.

ALL I'M GOING TO SAY IS, THE LAST TIME I SPENT SOME MONEY AND CAUSED MYSELF SOME PROBLEMS, I WAS UPSET ABOUT IT.

HOW ABOUT Y'ALL? I WOULD HAVE RATHER SPENT SOME MORE MONEY.

WHERE DO WE STAND WITH TEX DOT AS FAR AS THE CORRECTION ON THAT.

AND WHAT DO YOU THINK? I DON'T THINK IT'S EVEN BEEN PRESENTED.

TEX. DOT. HAS ANYTHING BEEN PRESENTED TO TEX DOT ABOUT THE INTERSECTION OF DWYER STREET AND BUSINESS TO 88? OH. I'M SORRY.

SO YES, WE'RE GOING BACK AND FORTH A LITTLE BIT ON THE PLANS.

JOHN PETERSON TOLD ME THAT THEY'RE WE SUBMITTED PLANS.

[02:00:03]

THEY WE THEY ASKED QUESTIONS.

WE ANSWERED THE QUESTIONS.

NOW, THEY SENT US A NEW SET OF QUESTIONS.

SO WE'RE TRYING TO GET A LITTLE BIT OF.

ONCE WE FINALIZE THAT, THEN WE'LL BE ABLE TO, YOU KNOW, FIGURE OUT THE COST.

OKAY. WELL, THAT'S THAT'S THE MAJOR ISSUE IS THE THEY BASICALLY APPROVED THE ENTRANCEWAY TO 88 THE APRON.

THEY'RE JUST SAYING, WELL, NOW WE WANT YOU TO RESTRIPE THE ROAD THERE AND SOME.

OKAY. THAT'S THAT'S EASY STUFF THERE.

THAT'S EASY. I DO AGREE WITH CONTINUING IT TO STRAIGHTEN IT OUT TO MAKE THE LAND MORE COMMERCIALLY VIABLE.

SO REMEMBER, WE'D ALSO HAVE 1.7 MILLION LEFT OVER FROM THE OLD BOND FOR ANY ROADS.

NOW THAT IT'S NOT TOO.

AND THEN WE STILL HAVE A PORTION OF MONEY LEFT FROM THE 2017 BOND.

JUST A SMALL PIECE.

RIGHT, HECTOR? YES.

IT'S LIKE 300,000 MAYBE, OR SOMETHING LIKE THAT.

MAYBE, JUST DEPENDING ON HOW THIS IS A PRIORITY.

SO JUST KEEP THAT IN MIND AS WE'RE SITTING HERE TALKING COUNCIL OF WHAT WE HAVE LEFT IN STREET MONEY AVAILABLE, WE'LL THROW OUT ONE MORE STREET THAT I THINK SHOULD BE CONSIDERED, IF NOT IN IMMEDIATE, BUT IN THE NEAR FUTURE.

WOULD BE EAST WILKINS.

WEST OF VALDERAS.

YOU LOOK FROM EAST WILKINS TO VAL TO ALASKA.

BECAUSE THAT'S WHAT I THINK CROSSES THE LOOP AND THEN GOES INTO 44.

THAT'S A NICE STRETCH OF ROAD THAT WOULD BE BENEFIT FROM HAVING CURB GUTTERS.

DOLLAR TREE, YOU KNOW, IF THERE NEEDS TO BE A DESIGNATED TURN LANE OR TURN DESIGNATED RIGHT HAND TURN OR SOMETHING ALONG THAT LINES.

IT'S. AND I'LL TELL YOU ONE THING THAT'S BEAUTIFUL ABOUT IT.

PEOPLE WHO LIVE ON MY SIDE OF TOWN, IT'S THE ONLY ONE NOT IMPEDED WITH THE STOPLIGHT.

PEOPLE ARE STARTING TO FIGURE THAT OUT.

AND SO THEY CAN CUT.

AND. WILKINS. SO WE GET YOU TO TRY TO GET OUT TO 44.

THAT'S ANOTHER ONE.

ESPECIALLY SINCE WE'RE SINCE ESPECIALLY SINCE TAKING DOESN'T LOOK LIKE IT'S ANYTIME NEAR GETTING COMPLETED.

THAT'S ANOTHER ONE THAT'S GOING TO TAKE SOME MAJOR STORM SEWER WORK ALSO.

BUT I'M JUST IT'S SOMETHING TO LOOK AT.

I MEAN, IT'S IT'S A WE TALK ABOUT AN EAST WEST CORRIDOR.

IT HAS THE AND IT'S VERY WIDE THROUGH THAT OLD PART OF TOWN.

WHEN YOU START GETTING BACK ON THE OTHER SIDE OF THE BOUNDARIES, NOW YOU GET TO THE EAST OF VOLARIS AND IT RUNS YOU ALL THE WAY TO 35.

IT'S A PRETTY WIDE ROAD, SO IT'S WHATEVER IS DEVELOPED.

IT WAS DEVELOPED WITH SOME IDEA OF BEING SOME SORT OF TOUGH DECISION, BUT JUST FOOD FOR THOUGHT.

WE BUCKLED DOWN. SINCE WE'RE SINCE WE'RE HERE WISHING, JUST.

YEAH. YOU KNOW, DOWNTOWN AREA WITH THE COURTHOUSE EXPANSION AND EVERYTHING, LOCUS HAS GOT TO BE FIXED.

AND I KNOW THE COUNTY HAS MENTIONED THAT THEY'RE GOING TO TAKE CARE OF IT OR NOT.

I'D LIKE TO UNDERSTAND FROM THE COUNTY WHAT THEY'RE GOING TO TAKE CARE OF, WHAT THEY'RE NOT GOING TO TAKE CARE OF, BECAUSE THAT THE CONDITIONS OF THOSE ROADS IN THAT AREA ARE BAD. I KNOW WE'VE GOT DRAINAGE ISSUES OVER THERE, TOO.

YOU KNOW, IT MIGHT BE SOMETHING WE NEED TO START GETTING AHEAD OF, AND IT MIGHT NOT BE LOCUST IN GENERAL IF THE COUNTY IS HELPING, BUT IT MIGHT BE ANOTHER ONE OF THE ROADS THERE, TOO, THAT WE MIGHT BE ABLE TO WORK IN CONJUNCTION TO DO.

BUT AT LEAST FIXING THAT, HELPING OUR DOWNTOWN AREA REVITALIZE THAT AND SAVE SAFE PASSAGE FOR ALL THE PEOPLE THAT ARE THERE DURING THE DAY.

I THINK THE CONSTRUCTION ON THE COURTHOUSE IS PROBABLY WHAT THEY'RE WAITING ON, TOO.

THAT'S WHAT THEY SAY. BUT I WE HAVE NOT HAD IT PRESENTED TO US AT COUNCIL OFFICIALLY.

SO I'D LIKE TO UNDERSTAND WHAT WHAT THEY'RE GOING TO TAKE CARE OF, WHAT'S THE SCOPE AND WHAT'S LEFT.

WE'LL INVITE THEM TO THE COUNCIL.

OKAY, SO HERE'S WHERE I'M GOING TO THROW OUT.

SINCE WE'RE TALKING NUMBERS, I'M TRYING TO GET A LITTLE DOWN.

THE FIGURES THAT ARE LISTED IN OUR PACKET, 1.5 MILLION FOR THE DOWNTOWN PROJECT, 2 MILLION FOR THE POLICE DEPARTMENT EXPANSION.

THAT'S 3.5 TOTAL.

ANOTHER 1.5. SO YOU'RE AT FIVE.

I'D LIKE. WE HAVE 1.7 GEARED TOWARDS STREETS RIGHT FROM THE LAST TIME.

HOW ABOUT ANOTHER 1.3 GIVES US A TOTAL OF THREE.

THAT IS NOT INCLUDING HENDERSON.

THAT SHOULD LEAVE ROUGHLY 4 MILLION FOR HENDERSON.

MY MATH IS RIGHT. START TACKLING HENDERSON.

IT SHOULD BE. AT LEAST LET YOU START.

WHEN WE GOT TO GET THE RIGHT OF WAY DONE.

AND I THINK SOME OTHER PEOPLE ECHOED UP HERE THAT.

YOU KNOW, WE'VE GOT TO START MAKING SOME PROGRESS.

[02:05:01]

AND I THINK THAT TO ME IS STEP NUMBER ONE.

BUT YOUR LIMIT IS TO YOUR THREE YEAR EXPENDITURE ON THAT.

WELL. HENDERSON. RIGHT.

WE SHOULD BE TURNING DIRT ON HENDERSON WITHIN TWO YEARS AT MINIMUM.

WELL ENOUGH LEGWORK. BUT HEY, IF THAT'S IF THAT'S 2 MILLION FOR THAT, THAT LEAVES ANOTHER 2 MILLION TO TURN DIRT.

IT'S NOT. IT'S NOT AN INSIGNIFICANT NUMBER.

HENDERSON'S GOT IT IS WHEN YOU LOOK AT THE TOTAL COST, I GET THAT.

BUT IF YOU DON'T, YOU CAN.

THERE'S SOME THINGS YOU CAN PICK OFF, RIGHT? YOU'RE SAYING YOU CAN'T COMPLETE ANY PROJECT FOR $2 MILLION? WELL, I'M WAITING ON YOU TO TELL ME.

I MEAN, OBVIOUSLY, WE'RE GOING TO HAVE TO HAVE AN ENGINEER TELL US WHERE TO START, BUT.

YEAH. SO I WOULD RECOMMEND JUST KEEPING THAT A BROAD CATEGORY AND JUST SAY HENDERSON ROAD AND OTHER ROAD PROJECTS.

5 MILLION FOR HENDERSON.

AND YOU CAN THEN WHEN WE GET DOWN TO FIGURING THAT OUT WE CAN SAY WE CAN DO SIGNALIZATION, WE CAN WIDEN VALADARES AND HENDERSON AND HERE'S THE COST.

WHAT DO WE WANT TO SPEND? AND THE REST GOES INTO DWYER STREET OR ADDITIONAL GIFFORD.

OR IF WE DON'T MAKE HENDERSON A PRIORITY, THE MONEY'S NEVER GOING TO COME.

IT'S TOO BIG AN AMOUNT FOR US TO TIPTOE AROUND ALL THESE OTHER THINGS, AND YOU ALL KNOW IT.

WE HAVE TO MAKE THE TOUGH DECISION.

WE HAVE TO CUT IN AREAS, AND WE HAVE TO PURSUE THIS.

IF WE DON'T, IT WON'T HAPPEN.

AND THAT'S THE REASON IT HASN'T HAPPENED YET.

SO SO SO LET'S HIKE OUR SKIRTS UP AND GET IT DONE.

THERE MAY BE SOME WE GOT TO GET.

WE HAVE TO WE HAVE TO GET A LOT OF UPFRONT INFORMATION.

REGARDING HENDERSON ROAD, WE'VE GOT TO BESIDES JUST LAYING OUT THE STREET ARRANGEMENT, WE HAVE TO KNOW HOW THAT IMPACTS THE 16 INCH WATER MAIN THAT'S DOWN ALONG THE SOUTH SIDE OF THE ROAD.

IF WE CAN LEAVE THE 16 INCH WATER MAIN WHERE IT IS, WE'RE GOOD.

WE'RE GOING TO PROBABLY MOVE SOME FIRE HYDRANTS AROUND, WHICH IS WHICH IS MINIMAL COST.

BUT IF WE HAVE TO MOVE THE 16 INCH WATER MAIN, THEN ALL OF A SUDDEN THE PRICE OF THIS TICKET IS GONE.

WELL, THAT'S MORE INFORMATION WE NEED TO HAVE FROM OUR PLANNERS AND ENGINEERS TO, TO TO MORE FULLY TELL US WHAT WHAT IT'S GOING TO COST TO DO THIS STUFF.

AND THESE ARE THE KINDS OF THINGS WE'RE INTO AND CECIL.

THIS ISN'T GOING TO BE THE LAST ONE.

THERE ARE GOING TO BE THERE ARE GOING TO BE MULTIPLES OF THESE FOR HENDERSON THAT WE HAVE A LOT OF RIGHT NOW.

IT'S JUST FOR THE RIGHT OF WAY.

RIGHT. WELL, THAT WOULD WE HAVE TO WE MIGHT WE MAY NOT HAVE TO SPEND MUCH OF ANYTHING ON RIGHT AWAY.

WE DON'T HAVE ANYTHING ALLOTTED YET.

OKAY. I MEAN, THE HDR WENT THROUGH IN CANADA.

CANADA. HOW MANY PIECES OF PROPERTY TOUCH HENDERSON ROAD? AND THE WORST CASE SCENARIO WAS EACH ONE OF THOSE WAS GOING TO HAVE TO HAVE A TAKING ON IT 145 TAKINGS.

AND WE JUST SAID THAT'S NOT GOING TO HAPPEN.

WE'LL GO. WE'LL GO TO A DIFFERENT PLAN.

SO WE DON'T HAVE TO GO OUT THERE AND TAKE THAT MANY PIECES OF RIGHT AWAY.

IF WE WERE TO CATEGORIZE IT AS $5 MILLION FOR HENDERSON ROAD AGAIN, THERE'S STILL $1.7 MILLION OUT THERE FOR ROAD PROJECTS FROM THE OLD BOND.

FROM THE OLD BOND. YES, JOHN.

THAT CAN BE UTILIZED IN CONNECTION WITH THIS BOND.

A PORTION OF THAT 5 MILLION.

WELL, THAT WAS WHAT CHRIS WAS MENTIONING EARLIER, IS COMBINING NUMBER, COMBINING BONDS TOGETHER.

HE'S GOT TO FIND OUT IF THAT'S OKAY.

BUT. I UNDERSTAND WHAT YOU'RE SAYING.

I AGREE WITH YOU IN THEORY THAT I'M JUST SAYING WE JUST TOOK AWAY $300,000.

RIGHT? AND I ASKED THAT IF WE WERE GOING TO SPEND MORE MONEY, THAT WE WOULD INCORPORATE THAT $300,000 BACK INTO A PROJECT.

AND. AND IT WASN'T $300,000 FOR HENDERSON ROAD.

IT WAS $300,000 BECAUSE THAT WAS NOT EVEN ON THE TABLE WHEN WE WERE.

HOW DID THAT LAST BOND? IT WASN'T 300,000.

THAT WASN'T THE $2.2 MILLION PROJECT FOR HENDERSON ROAD.

NO, IT WAS NOT. SO ALL I'M ASKING IS FOR THAT $300,000 TO GET DRAFTED BACK INTO THIS BOND.

YEAH. WOULD DO. OKAY.

IT'S NOT MUCH TO ASK. I DON'T THINK WHEN WE TOLD THE PUBLIC WHEN WE WERE GOING OUT FOR $2 MILLION LAST TIME, I THINK WE SHOULD STAND BY THAT.

OKAY. DID YOU GO DOOR TO DOOR? SO YOU WANT. WELL, DID YOU GO TO DOOR TO DOOR? HE'S TALKING ABOUT YOU GOING AND TALKING TO THE PUBLIC.

BECAUSE WHEN I TALK TO HANG ON, WHEN I TALK TO MY CONSTITUENTS, THEY SAY THAT THEY WANT HENDERSON ROAD AND THEY HAVE THE ABILITY TO CHANGE THEIR MIND AT WILL.

[02:10:06]

SO I DON'T KNOW EXACTLY WHO YOU TALKED TO.

SO WHEN YOU GO OUT FOR A BOND, YOU DO PUBLIC HEARINGS.

I UNDERSTAND. AND YOU MAKE SURE CERTAIN PUBLIC REASSURANCES TO THE PUBLIC THAT THIS IS THE PURPOSE OF WHY YOU'RE GOING TO SPEND THIS MONEY.

SO TO DO ELSEWHERE WOULD BE A VIOLATION OF THEIR TRUST.

YES. STILL STREET.

STILL STREET. UNDERSTOOD.

THAT'S. SO I JUST WANT TO MAKE SURE I'M UNDERSTANDING YOU ON THE 300,000.

YOU KNOW, IF WE PUT 5 MILLION TO HENDERSON AND OTHER STREETS, ARE YOU SAYING YOU WANT AT LEAST 300,000 OUT OF THE HENDERSON ROAD OVER TO ANOTHER STREET, OR YOU'D BE FINE WITH 5 MILLION IF IT ALL WENT TO HENDERSON? WHAT I'M SAYING IS.

OR DO YOU WANT TO PULL IT FROM ONE OF THESE THREE? NO. WHAT I'M SAYING IS IT COULD COME FROM ANY ONE OF THOSE THREE.

RIGHT. WHAT I'M SAYING IS, EARLIER TONIGHT, WE TOOK A VOTE.

A MOTION WAS MADE, AND I RAISED THE ISSUE AT THE TIME THAT IF WE'RE GOING TO PULL $300,000 OFF OF ROADS, I WOULD LIKE TO HAVE IT RE-IMPLEMENTED IN THIS COMING BOND, WHICH IS NOW THIS PARTICULAR ITEM.

RIGHT. I THOUGHT I WAS PRETTY CLEAR ON THAT.

YEAH. OKAY. I BELIEVE AT THE TIME WE EXECUTED THAT BOND.

THE TWO. THE $2 MILLION WAS FOR A ROAD PROJECT TO BE DECIDED, CORRECT? OKAY. AT THE TIME, THERE'S.

WE ALL KNOW THAT THERE ARE.

HENDERSON. YES. GREAT.

LET'S FINISH THE PROJECT.

THE IDEA THAT THERE MAY BE PEOPLE ON THIS COUNCIL WHO THINK THAT.

I DON'T THINK HENDERSON'S A SERIOUS PROJECT OR WORTHY OF UNDERTAKING.

WELL THAT THOSE PEOPLE OR THOSE MEMBERS JUST PROBABLY HAVEN'T BEEN PAYING ENOUGH ATTENTION TO ME DURING THESE COUNCIL MEETINGS.

HOWEVER, I WOULD LIKE TO SEE IT GEARED TOWARDS A ROAD PROJECT.

THERE ARE OTHER ROADS IN THIS CITY WHO NEED TO BE ADDRESSED IN STORY.

I MEAN, MORE THAN WE COULD EVER SPEND, MORE THAN WE COULD EVER SPEND IF WE WERE TO GET A PROJECT.

AND THE COST CAME IN AND WE COULD DO THE PROJECT FOR $1.7 MILLION, GREAT.

THAT $300 CAN ROLL RIGHT BACK INTO THE $5 MILLION FOR HENDERSON ROAD.

IF THAT PROJECT COMES IN AT 1.95, THEN I THINK WE FINISHED THE PROJECT FOR 1.95.

SURE. WHICH IS $250,000 SOMEWHERE ELSE.

BECAUSE WE ALL KNOW THAT THE COST OF DOING HENDERSON ROAD IS NOT GOING TO BE $5 MILLION.

IT'S 60 MILLION. EXACTLY.

IT'S 60 MILLION.

WE'RE GOING TO HAVE TO BUILD BOND AFTER BOND AFTER BOND, OR GET FORTUNATE AND SOMEHOW GET A GRANT OF SOME SORT THAT WE HAVE EXHAUSTED. AS I'VE SAT HERE FOR THE LAST THREE YEARS.

THIS IS NOT A NEW IDEA OR NOR A NEW PROJECT.

THERE HAVEN'T BEEN THE ONE.

WE'VE LITERALLY GONE OUT FOR A NUMBER OF GRANTS OR PROPOSALS AND CONSIDERATIONS INTO HOW WE CAN ACCOMPLISH PAYING FOR THOSE ROADS FOR HENDERSON ROAD.

THAT'S ALL I'M ASKING. IF YOU THINK THAT'S TOO MUCH TO ASK, IF YOU THINK IT'S TOO MUCH THAT WE HAVE TO HAVE $300,000, TAKE A VOTE ON IT.

THAT'S FINE. I'M ONE PERSON.

IF I LOSE, I LOSE.

IT'S NO BIG DEAL. DO YOU WANT TO INCREASE THE DEBT SERVICE BY 300,000? I WANT IT TO BE A CONSENSUS.

WE'VE GOT OTHER INTELLIGENT PEOPLE SITTING HERE WHO REPRESENT THE CITY.

SURE. I'M JUST.

I'M ASKING IF THAT'S WHAT WE NEED TO DO.

IF WE NEED TO TAKE ACTION ON A VOTE TO INCREASE THE DEBT SERVICE BY 300,000.

UNLESS WE PULL FROM THE POLICE DEPARTMENT OR THE ANIMAL SHELTER BECAUSE THE DOWNTOWN PROJECT IS BAKED.

I AGREE, AND I WANT THE DOWNTOWN PROJECT DONE COMPLETED.

SO DO WE WANT TO PULL 300,000 OUT OF THE POLICE DEPARTMENT OR THE ANIMAL SHELTER, OR DO WE WANT TO INCREASE THE DEBT SERVICE BY 300,000? FOLKS, I JUST GOT CONFUSED.

WE AGREED TO OWN A 300,000 WHILE AGO TO PUT IT.

TO MOVE IT OVER TO THIS.

[02:15:01]

THIS BOND IS WHAT I UNDERSTOOD.

YES. PUT IT IN THERE.

YES. BUT IT'S 10 MILLION. THE MAGIC NUMBER.

COULD IT BE 10 MILLION? 300,000? IT COULD.

COULD. THE MAX IS TEN FIVE.

A LITTLE BIT INFORMATION THAT I WASN'T SHARED WITH.

BUT THAT'S OKAY. THAT'S OKAY.

COME. MAKE IT TEN THREE THEN.

AND PUT THAT THREE IN STREETS.

WELL. HERE'S MY. I'M OKAY WITH THAT.

SO WHAT? I WANT TO MAKE SURE.

THERE WAS A REASON WE HELD BACK FROM EXPANDING GOING OUT FOR THE FULL 10.5.

NOW. I THOUGHT IT WAS JUST TO BE CONSERVATIVE.

CONCERNED ABOUT.

OUR ABILITY TO HANDLE OUR DEBTS AND NOT HAVE TO PUT OURSELVES IN A SITUATION WHERE WE'RE BASICALLY OVERLEVERAGED.

AND SO THAT'S WHY WE DID NOT GO OUT FOR THE FULL AMOUNT.

IF WE THINK WE CAN DO THAT, IF WE CAN ADD THE $300,000.

AND SURE. BUT IF THERE'S SOME CONCERN BECAUSE THE ECONOMY IS, I MEAN.

IT DOES SEEM TO BE SLOWING DOWN A LITTLE BIT, I DON'T KNOW.

I JUST WANT TO MAKE SURE WE'RE NOT PUTTING OUR CITY IN A BAD SITUATION.

JUDITH, I KNOW THERE'S NO ACTION ON THIS ITEM, BUT WE WE CAN TALK ABOUT THE DIRECTION OF IT.

RIGHT. SO, YEAH, I THINK WHAT NEEDS TO BE DONE IS SOME TYPE OF RECOMMENDATION NEEDS TO BE MADE TO THE CITY MANAGER OR TO PHIL.

SO YOU CAN DEFINITELY REACH A CONSENSUS ON WHAT YOU THINK THAT RECOMMENDATION IS.

BUT THIS IS NOT AN ACTION ITEM.

CORRECT. SO FOR EXAMPLE, YOU SAY 10,000,010.

10 MILLION. THREE.

10 MILLION, WHATEVER THE NUMBER IS, WE'RE JUST LOOKING FOR THAT.

AND AGAIN, CONFIRMING THE LIST OF PROJECTS THAT WE WANT TO SAY WE'RE GOING TO SPEND THE MONEY ON.

WHAT DOLLAR AMOUNT THAT IS IS NOT TOO RELEVANT BECAUSE WE DON'T NEED TO COME BACK AND SAY WE'RE GOING TO SPEND 1.5 ON THE ANIMAL SHELTER IF WE SPEND 1.2.

IF WE SPEND ONE, WE SPEND 1.7.

I MEAN, THAT'S A DISCUSSION WE'LL HAVE LATER AS WE COST THE PROJECTS.

AND IF YOU CAN'T REACH THE CONSENSUS, THEN JUST CONTINUE THE DISCUSSION, SUBJECT TO WHATEVER INFORMATION IT IS THAT YOU THINK YOU NEED THAT'S NECESSARY TO MAKE THAT RECOMMENDATION.

I THINK WE NEED TO UNDERSTAND BETTER ON THE SCOPE OF HENDERSON.

HONESTLY, THAT'S.

THAT'S THE REASON WHY WE'RE SITTING HERE, KIND OF ALL TALKING BACK AND FORTH, BECAUSE WE DON'T HAVE A GOOD IDEA OF WHAT THAT'S GOING TO BE.

AND I THINK, I THINK THAT'S THE BIGGEST PROBLEM.

I DON'T THINK THAT IT'S A IT'S A MATTER OF ANYONE HERE.

HAVING AN ISSUE WITH, WITH ANYBODY ON THE COUNCIL'S VIEWS, WHETHER THAT'S ME OR CHRISSY OR CECIL OR JOHN OR TERRY OR TRAVIS. ALL THE ALL OF US WANT, WANT GREAT THINGS FOR THIS AREA.

BUT AT THE SAME TIME, YOU KNOW, WE WE KNOW THAT HENDERSON IS NOT GOING TO BE A NICKEL AND DIME TYPE OF DEAL.

AND SO WHEN WE'RE LOOKING AT THESE THINGS, IF WE'RE IF WE'RE IF WE'RE IF WE'RE IF WE'RE IF WE'RE RESEARCHING THE DEVELOPMENT OF THE PROJECT AND WE'RE, WE'RE NICKEL AND DIME AND THAT THAT'S ONE THING.

BUT WHEN WE'RE LOOKING AT MOVING FORWARD WITH A PROJECT, WE KNOW THAT THESE ARE GOING TO BE LARGE NUMBERS.

AND WE'VE REALLY GOT TO FIGURE OUT HOW THAT'S GOING TO GOING TO WORK.

BECAUSE THERE'S AT A FUNDAMENTAL LEVEL, THOUGH, WE HAVE TO MAKE A DECISION AT SOME POINT TO GET THIS INTO DEBT SERVICE.

THAT'S TRUE BECAUSE THAT AFFECTS THE TAX RATE.

SO WE CAN SAY WE'RE GOING TO WAIT TO HIRE THE ENGINEER THAT'S GOING TO WE'RE GOING TO TELL TO DO X, Y AND Z.

BUT YOU'RE TRADING TIME FOR WHATEVER.

RIGHT. BUT CHRIS, I BELIEVE WE'RE MOVING.

I MEAN, I THINK WE'RE MOVING THIS FAST WITH THIS AS WE CAN.

RIGHT. BUT BUT BUT AGAIN, IN MY OPINION AND MY RECOMMENDATION, IF YOU SAY YOU'RE GOING TO SPEND MONEY ON HENDERSON ROAD AND OTHER PROJECTS AND YOU'RE GOING TO ROUGHLY SAY YOU'RE GOING TO SPEND $5 MILLION, WE HAVE TIME TO FIGURE THAT OUT WHILE WE PUT THE WHEELS IN MOTION FOR FINANCING, SO WE CAN SAY WE GET THAT DONE SOONER THAN LATER.

[02:20:01]

THAT'S ALL. YOU DON'T HAVE TO SAY 2 MILLION TODAY OR 4 MILLION OR 5 MILLION OR SOMETHING.

WE'RE JUST SAYING WE'RE GOING TO GO OUT FOR WHATEVER THE NUMBER IS.

10.3, 10,000,009.5412344 ISH PROJECT CATEGORY PROJECTS RIGHT THERE.

THAT'S ALL. THAT'S ALL I'M SAYING.

AND I JUST NEED TO AT SOME POINT GET A NUMBER SO THAT WE CAN GO TO, YOU KNOW, OUR COUNCIL AND SAY OUR BOND COUNSEL AND SAY, HEY, THIS IS THE NUMBER FOR THE DEBT SERVICE. WHAT WOULD BE A TIMELINE TO TO START GETTING FUNDING TO DO THIS? AGAIN, WE WE DON'T HAVE TO TAKE ACTION.

SURE. YOU KNOW, IF WE WANT TO DELAY THIS, BUT AGAIN.

AT A CERTAIN POINT, WE'RE GOING TO MISS THIS FISCAL YEAR IN THE BUDGET, AND WE'LL HAVE TO WAIT A WHOLE NOTHER YEAR TO DO THIS.

BUT ALSO, JOE ALSO SAID NOT TO GO OUT FOR IT UNTIL JUNE, RIGHT? JUNE. JULY WAS THE EARLIEST WE COULD DO IT.

RIGHT. SO BUT THAT'S WHAT I'M SAYING IS HOW LONG DO YOU WANT TO WAIT FOR AN ENGINEER TO TELL YOU? COST ESTIMATE OUT WHATEVER YOU ALL WANT TO DO WITH HENDERSON ROAD.

MY QUESTION IS, COULD YOU JUST PUT ROSE? DOES IT HAVE TO BE THAT SPECIFIC? YES, YES. YOU CAN JUST PUT ROSE.

YEAH, THAT'S WHAT I'M SAYING.

FOR BONDING PURPOSES.

LET'S JUST PUT ROSE AND THEN YOU CAN ARGUE ABOUT THE RIGHT.

BUT WE KNOW WE KNOW WE WANT TO DO THE RIGHT OF WAY PROJECT.

I THINK YOU OUGHT TO GIVE YOURSELVES CREDIT AS A COUNCIL THAT YOU'RE STARTING ON HENDERSON ROAD.

RIGHT? THAT'S WHAT I SAID, HENDERSON ROAD AND OTHER ROAD PROJECTS, BECAUSE THAT GIVES YOU THE LATITUDE TO SPEND A DOLLAR ON HENDERSON ROAD OR $1 MILLION.

BUT YES, YOU CAN SAY JUST ROADS.

I JUST WANT THE COMMITMENT TO THE VOTERS THAT WE ARE GOING TO PUT A SUBSTANTIAL INVESTMENT IN HENDERSON ROAD.

THAT'S THE ONLY THING THAT I'M DRIVING TO.

BUT I ALSO THINK, AS WAS PRESENTED TO US TONIGHT ON THE DOWNTOWN PROJECT OF 1.5, THAT SEEMS LIKE A NO BRAINER THAT MAYBE WE GO OUT AND USE THIS, THIS AVENUE FOR AT LEAST THAT, THAT WE KNOW ALREADY.

I MEAN, WHARTON HAS TWO DIFFERENT ONES.

WE WOULDN'T BE PENALIZED, RIGHT, IF WE DID TWO DIFFERENT ONES.

SO IF WE SAID, HEY, WE WANT TO GO DO OUR DOWNTOWN PROJECT FOR 1.5 MILLION AND WE WANT TO GET STARTED ON THAT, AND THEN WE COME BACK TO YOU AND SAY, OH, BY THE WAY, WE'VE GOT THIS OTHER ONE FOR $5 MILLION THAT WE WANT TO GO DO.

WOULD. WHAT? WOULD WE BE PENALIZED? NO. AND THAT'S PRETTY COMMON.

I DIDN'T MENTION EARLIER, BUT WE DO HAVE A SUBSTANTIAL NUMBER OF OUR BORROWERS THAT BECOME REPEAT BORROWERS.

SO ABOUT 25% OF THE ONES THAT COME IN, COME IN FOR ANOTHER LOAN.

AND HAVING MULTIPLE AT ONCE IS FINE BUT THEN AFFECTS OUR CEO, RIGHT.

WHICH THEN AFFECTS OUR CEO BECAUSE NOW WE'RE GOING TO GO FOR A LOWER CEO.

RIGHT. BUT ALSO AND AGAIN, CAN YOU REFRESH US ON THE TIMELINE FOR AN APPLICATION TO FUNDING.

YEAH. SO BEST CASE SCENARIO IS IT'S TYPICALLY ABOUT 4 TO 6 MONTHS.

SO FROM WHEN WE RECEIVE THE APPLICATION TO FUNDS IN YOUR ACCOUNT AND THAT'S YOU KNOW OF KIND OF EVERYTHING IS LINED UP.

THE QUICKEST WE CAN GET IT DONE IS ABOUT FOUR MONTHS.

AND SO WHAT'S THE DATE YOU HAVE TO GET THE DEBT SERVICE IN TO GET CALCULATED.

JULY. JULY.

OKAY. AGAIN.

JUST TRYING OUT TIMELINES.

YOU'RE RIGHT. SO? WELL, I THINK WE'VE BEAT THIS ONE PRETTY WELL TO DEATH.

THE CONSENSUS, I THINK, FROM THE COUNCIL AND YOU ALL CORRECT ME IF I'M WRONG, IS WE'RE STILL.

ARE WE GOING TO STAY WITH THE 10 MILLION? AND SAY 10 MILLION WITH THE THREE ITEMS THAT WE HAVE LISTED, AND THEN 5 MILLION FOR STREETS INCLUDING HENDERSON.

OR DO Y'ALL WANT TO DO SOMETHING DIFFERENT? I WANT TO DO 10,300,000.

THAT'S 3% DIFFERENCE.

OKAY, THAT TAKES CARE OF THE 300,000 THAT WE'VE BEEN DISCUSSING BACK AND FORTH HERE TONIGHT, 3% IS THE DIFFERENCE BETWEEN ITS.

I DON'T THINK THAT'S GOING TO BE THE STRAW THAT BREAKS THE CAMEL'S BACK RIGHT THERE.

ALL RIGHT EVERYONE GO WITH TEN THREE.

YES. YEP.

ALL RIGHT. EVERYONE GOOD WITH CATEGORIZING IT.

THE 5,000,300 NOW, IS STREETS FOR STREETS.

STREETS? YES.

OKAY. ARE YOU GOOD? YEP. THANK YOU. ALL RIGHT.

I APPRECIATE YOU ALL AND IT'S NEVER GOING TO BE EASY.

WE'RE ALWAYS GOING TO HAVE DIFFERENT OPINIONS, BUT WE'RE JUST DOING THE BEST FOR OUR CITY, RIGHT? YES, SIR. ITEM NUMBER EIGHT DISCUSSION AND POSSIBLE ACTION ON APPROVING RESOLUTION NUMBER 20240123-008 RESOLUTION BY THE CITY COUNCIL

[8. Discussion and possible action on approving Resolution No. 20240123-008; resolution by the City Council of the City of Angleton, Texas, authorizing publication of Notice of Intention to Issue Certificates of Obligation; and approving other matters incidental thereto. ]

[02:25:06]

OF CITY OF ANGLETON, TEXAS, AUTHORIZING PUBLICATION OF NOTICE OF INTENTION TO ISSUE CERTIFICATE OF OBLIGATION AND APPROVING OTHER MATTERS INCIDENTAL THERETO.

YES. GOOD EVENING AGAIN, MAYOR AND COUNCIL.

SO MANY OF YOU ARE AWARE THAT ANGLETON BETTER LIVING CORPORATION HAS BEEN DISCUSSING DEBT ISSUANCE FOR THE PAST SEVERAL MEETINGS.

WE DID HAVE TWO PUBLIC HEARINGS, A JANUARY 2ND, AS WELL AS THE NINTH FOR SPECIFIED PROJECTS THAT ANGLETON BETTER LIVING CORPORATION DISCUSSED EARLIER IN 2023.

SO AS A PART OF OR WHAT WE HAVE DONE HISTORICALLY IN THE PAST, WHEN ADLC IS GOING OUT TO ISSUE DEBT, IS THEY TYPICALLY ENTER INTO AN INTERLOCAL AGREEMENT WITH THE OR AN AGREEMENT, RATHER WITH THE CITY COUNCIL SO THAT CITY COUNCIL CAN GO OUT FOR DEBT ISSUANCE AND AVFC REIMBURSED THAT DEBT.

SO THAT I BELIEVE AND I APOLOGIZE.

I HOPE I'M NOT MISSPEAKING.

I DO HAVE A BOND COUNSEL HERE, BUT THAT IS WITH THE INTENT TO LOWER THE INTEREST RATE.

AND SO WE DO HAVE OUR BOND COUNSEL HERE PRESENT WITH US.

THIS IS ONE OF SEVERAL STEPS THROUGHOUT THIS PROCESS TO ISSUE ABLC DEBT AND ENTER INTO AN AGREEMENT WITH THE CITY COUNCIL.

AND SO WHAT WE'RE BRINGING TO YOU THIS EVENING IS THE AUTHORIZING OUR BOND COUNCIL AND THE CITY TO ACTUALLY GO OUT FOR PUBLICATION OF THIS DEBT ISSUANCE.