Nov 30, 2021 BAYTOWN REDEVELOPMENT &amp; TAX INCREMENT REINVESTMENT ZONE NUMBER 1

I HAVE, UH, OSCAR AS A SECOND.

ANY COMMENTS? ANY CHANGES TO THIS MINUTES? ALL, ALL THOSE IN FAVOR SAY AYE.

AYE.

ALL THOSE NAY.

ALRIGHT,

[2. DISCUSSIONS: a. Discuss the possible creation of Tax Increment Reinvestment Zone Number Two for common area improvements for the Lennar development of an additional 300 acres located north of Interstate 10.]

FRUIT.

WE'LL MOVE ON TO ITEM TWO A, DISCUSS CREATION OF THE TAX ZONE NUMBER TWO FOR THE AREA IMPROVEMENTS ON THE LENAR DEVELOPMENTS OF ADDITIONAL 300 ACRES LOCATED NORTH OF INTERSTATE 10.

RICK, WOULD YOU, UH, LIKE LEAVE US IN THAT DISCUSSION PLEASE? YES.

AND, UH, HERE'S KIND OF A MAPPING OF WHAT IS BEING PROPOSED.

UM, LENNAR, WHO IS DOING THE FRIENDSWOOD DEVELOPMENT ON THE NORTH SIDE OF THE CITY, IS UNDER CONTRACT TO ACQUIRE AN ADDITIONAL 300 ACRES, UM, TO EXPAND THEIR DEVELOPMENT.

AND IN ORDER TO MAKE THIS WORK AS WE HAVE LOOKED TO ASSIST THEM, UM, FROM A CITY STANDPOINT, WE CANNOT ALLOW THEM TO REMAIN IN THE ETGA AND ANNEX INTO THEIR MUD BECAUSE IT WOULD PUT A HARD CAP ON OUR CITY FOR GROWTH.

BECAUSE YOU CAN SEE THIS STRETCHES FROM ROUGHLY GARTH ROAD ALL THE WAY TO THE EAST OF MAIN STREET OVER TO HADDEN.

SO THAT WOULD SEVERELY LIMIT WHAT WE COULD DO FROM A CITY STANDPOINT ON GROWTH.

SO THEY'RE WILLING TO WORK WITH US ON A PUBLIC IMPROVEMENT DISTRICT, UH, AS WELL AS ANNEXATION INTO THE CITY AND UTILITIES.

UM, THAT BEING SAID, TO HELP OFFSET SOME OF THE COSTS OF, UH, THE COMMON AREA INFRASTRUCTURE THAT WOULD BE NEEDED, SUCH AS WIDENING GARTH ROAD, MAINE, UM, AND DOING THE, UH, ASSISTING WITH THE WATER AND SEWER TO EXPAND UP TO THEIR PROPERTIES.

UH, THE TOURS WOULD BE BENEFICIAL TO HELP OUT WITH THAT.

NOW, THE CURRENT TOURS, WE ALREADY KNOW WE HAVE A LOT OF PROJECTS AND WE'LL BE TALKING ABOUT PART OF THEM IN, IN JUST A MINUTE HERE.

UM, SO THE CURRENT TOURS AS WE HAVE IT SITTING RIGHT NOW IS DOING VERY WELL IN ITS CURRENT CAPACITY.

SO IT WOULD BE OUR RECOMMENDATION AS WE LOOK AT THIS, AND THIS IS JUST A DISCUSSION ITEM RIGHT NOW.

THERE'S NOTHING BEFORE YOU, BUT WE WOULD LOOK TO WANT TO CREATE A SECOND TURS UP ON THIS NORTH SIDE AREA TO ENCOMPASS ALL OF THIS AND SOME, UH, SOME OF THE SURROUNDING PROPERTY THAT'S IN THE CITY SO WE CAN BENEFIT THE, UM, THE EXPANSION OF THE ROADWAYS THAT NEED TO BE DONE AND THE REST OF THE INFRASTRUCTURE THAT'S GONNA GO INTO PLACE, WHICH WILL HELP THIS DEVELOPMENT TO, UM, SUCCEED.

LEMME PUT JUDGE, JUST CLARIFICATION.

IS, IS ALL OF THIS OVER HERE CURRENTLY IN THE TURS? NO, THAT IS CURRENTLY.

WE ACTUALLY, WE JUST EXPANDED IT INTO, YEAH.

SO THE TUR, YES.

SO IS THIS CONSIDERED STILL TURS ONE? YES.

SO ONLY TURS TWO WOULD BE THIS? YES.

JUST ELEMENT, JUST THAT HIGHLIGHTED REALLY.

AND, AND SOME OTHER AREAS DOWN, ALONG THROUGH THERE THAT WE KNOW SOME OTHER DEVELOPMENT'S GONNA HAPPEN IN THE FUTURE.

WE WOULD PROBABLY WANT TO TAKE IN DOWN TO VILLE ROAD AND HEADING TO THE EAST, UH, BECAUSE WE KNOW THERE'S A LOT OF OTHER DEVELOPMENT THAT'S GOING TO BE HAPPENING ON THE EAST SIDE OF MAIN STREET, UM, VILLE NORTH.

KNOW, I GUESS IN TIME GENERATED SOME PRETTY GOOD INCREMENT.

AND THE REASON I'M BRINGING THIS BEFORE YOU NOW IS BECAUSE LENNAR WILL BE COMING OUT TO MAKE A PRESENTATION TO COUNSEL ON DECEMBER 9TH, AND PART OF OUR NEGOTIATIONS, WELL, PART OF OUR DISCUSSIONS WITH THEM, WE'VE NOT NEGOTIATED ANYTHING, BUT PART OF OUR DISCUSSIONS WITH THEM HA HAS BEEN THAT THERE WOULD BE, UH, SOME TYPE OF CITY CONTRIBUTION TO ASSIST THEM.

AND THE SMARTEST WAY WE CAN DO THAT IS THROUGH THE TERMS. AND TO KEEP IT SEPARATE THOUGH, BECAUSE WE WANNA MAKE SURE THAT THE DEVELOPMENT HAPPENS UP IN THAT AREA IS WHERE THE INCREMENT GONNA COME FROM TO HELP THE INFRASTRUCTURE IMPROVEMENTS UP IN THAT AREA.

SO WE'RE NOT GONNA TAKE ANYTHING FROM SAN JATO AND MOVE IT UP THERE.

WE'RE GONNA KEEP SAN JACINTO DOWN WHERE IT'S AT AND USE THE MONEY IN THOSE DISTRICTS.

SO.

AND WHAT'S THE FORECAST OF REPAYMENT SCHEDULE? UH, IN TERMS OF HOW THE INCREMENT WILL GROW? IT'S A FAIRLY SMALL, IT LOOKS LIKE ALL RESIDENTIAL.

MM-HMM .

I THINK THE FIRST, HERS HAD SOME COMMERCIAL IN IT, WHICH WOULD, YOU

[00:05:01]

MM-HMM .

I MEAN, HAS THERE BEEN A FORECAST OF HOW MANY YEARS IT WOULD TAKE FOR INCREMENT TO ACTUALLY BE IN THEIR DEVELOPMENT ALONE? THEY'RE LOOKING TO PUT ANOTHER 1800 HOMES ON THESE 300 ACRES.

SO, UH, AND THAT WOULD PROBABLY HAPPEN, I WOULD SAY IN THE NEXT 10 YEARS, MAYBE SLIGHTLY LESS OF A TIMEFRAME, BUT IF YOU LOOK AT A DECADE WINDOW, THEY'RE GONNA HAVE AT LEAST 1800 HOMES THAT'S GONNA ADD SIGNIFICANT INCREMENT TO THAT AREA.

WE KNOW THAT CASTLE ROCK IS ALREADY DOING SOME WORK IN THAT DIRECTION.

WE KNOW THAT, UM, FORAR IS WORKING IN THAT DIRECTION.

SO YES, IT'S ALL IN THE RESIDENTIAL SIDE RIGHT NOW.

WE WILL SEE SOME SMALL POCKETS OF COMMERCIAL RETAIL THAT WILL END UP, UP THERE AS NEIGHBORHOOD, NEIGHBORHOOD SERVED RETAIL.

BUT THERE'S, IT'S REALLY GONNA BE RESIDENTIAL IN NATURE, BUT THAT'S OKAY BECAUSE IT'LL STILL CREATE ENOUGH INCREMENT THAT WE CAN TAKE CARE OF THE COMMON AREA IMPROVEMENTS THAT WE NEED.

SO JUST KIND OF REMIND ME, UH, A TUR ZONE, DOES IT NEED TO BE IN THE CITY LIMITS? WE HAVE ALWAYS OPERATED THEM TO BE IN THE CITY LIMITS.

SO WE WOULD NEED TO ANNEX ALL THIS.

THAT'S ALL PART PROPERTY AND, AND PROVIDES ALL THE SERVICES AND EVERYTHING.

WELL, WE WOULDN'T, WOULDN'T NECESSARILY PROVIDE SERVICES ON THE SITE.

WE WANNA MAKE SURE THAT WE ANNEX IT IN AND TAKE CARE OF THE COMMON AREA IMPROVEMENTS THAT NEED TO BE DONE.

WIDENING OF GARTH ROAD, I WANNA SAY SURFACE.

THAT'S WHAT MY CONCERN, THAT'S WHAT MY NEXT QUESTION WAS.

DOES THIS TAKE INTO ACCOUNT WIDENING OF GARTH AND MAIN? YES.

YEAH, AND WE HAVE SOME OTHER INFRASTRUCTURE NEEDS FROM A CITY STANDPOINT THAT WE WILL TAKE A LOOK AT.

AND I MEAN, FRANK BECK OVER HERE, IRWIN MIGHT BE ABLE TO ANSWER THOSE A LITTLE BIT BETTER ON, UM, WHAT WE'RE LOOKING AT FOR WATER AND WORK DECK WILL BE NEEDED TO BE DONE UP THERE IN THE FUTURE.

WELL PLAN ON PROVIDING SERVICE.

WE DON'T HAVE A PLAN AS TO EXACTLY HOW THE SERVICE WILL BE PROVIDED.

WHAT WE DEPENDS ON FIVE YEARS FROM THAT ANNEXATION.

IS IT? IT'S, UH, FOUR AND A HALF.

COULDN'T REMEMBER WHAT THE LENGTH OF TIME WAS BEFORE YOU HAD TO HAVE IT IN PLACE.

FOUR OR FOUR, NINE.

I COULDN'T, I WAS THINKING SOMEWHERE UNDER FIVE.

SO, BUT ALL OF THIS FROM HANEY TO GARTH IS ALREADY IN TERMS ONE, RIGHT? UH, I BELIEVE WE, IT, WE, WE TALKED ABOUT HANEY LAST TIME.

I REMEMBER SOMETHING FROM JOHN MARTIN.

IT WAS THAT LITTLE SLIVER OVER HERE ON THE SIDE THAT WAS ADDED.

THAT'S WHAT I THOUGHT.

THAT, THAT WAS, THAT WAS TO HELP THE, UH, JOHN MARTIN.

WIDENING THAT NEEDS TO GET DONE FROM BASICALLY I 10 ALL THE WAY UP TODAY TO WALLACE.

YEAH, CORRECT.

SO WE NEEDED THAT, UH, TO GO INTO THAT PROJECT.

THIS OBVIOUSLY CAME UP POST THAT.

THEY'RE VOLUNTARILY ANNEXED.

SO I JUST WANT TO CLARIFY ONE THING.

I THINK THE PROVISION OF SERVICE IS ONLY FOR INVOLUNTARY ANNEXATION.

UH, WE DON'T HAVE THE, THE TIMEFRAME OF THE OBLIGATION.

THERE'S NOT AN OBLIGATION THERE IF IT'S JUST AN INVOLUNTARY THAT WE, THAT'S, THAT'S WHAT I ASSUME ALREADY ANNEXED THEN.

RIGHT? DOES THAT SOUND RIGHT? SO MY, MY QUESTION ABOUT SERVICE IS MORE FUNDAMENTAL TO WATER AND SEWER, RIGHT? THAT, THAT'S ON HERE, RIGHT? I MEAN, YOU SHOW THAT ON HERE.

BUT AGAIN, JUST TO CLARIFY, THE, WE, WE HAVE STUDIES GOING ON RIGHT NOW OF, YOU KNOW, THIS AREA TO, UH, DETERMINE WHAT'S THE BEST WAY TO PROVIDE WATER AND SEWER SERVICE THAT, THAT'S, UH, ON THE LINE, THIS EXTENSION OF WATER AND SEWER.

IS THAT ANY, IS THAT PART OF ANY KIND OF MUD OR IS THAT IT'S ALL WHICH ONE? THE NORTH MAG.

NOW THIS IS A LAND PLAN FROM LENNAR.

THIS IS NOTHING THAT WE PREPARED INTERNALLY.

I WAS JUST USING THIS AS AN EXAMPLE OF THE TERRITORY THAT THEY'RE LOOKING TO EXPAND INTO.

THE WATER AND SEWER THAT THEY WOULD TAP INTO FROM THE CITY SIDE WOULD BE EITHER COMING UP, UM, GARTH ROAD OR UP MAIN STREET, MOST LIKELY.

AND THEN OF COURSE, AS FRANK SAID, WE'RE, WE'RE STARTING ANALYSIS RIGHT NOW TO FIND OUT WHAT ELSE WE NEED TO DO AND WHERE WE NEED TO PUT IT ON THE NORTH SIDE OF THE CITY.

WHAT I'M TRYING TO GET IN MY MIND IS TO, IS TO CLEARLY UNDERSTAND THE INVESTMENT OF THE TURS AND WHAT IT COVERS.

STREETS THAT WOULD NEED TO BE CREATED IN THAT AREA FOR BETTER TRAFFIC FLOW, WHICH ARE ITEMS THAT ARE ALREADY ON OUR FUTURE TRAFFIC PLAN.

WHAT, WHAT WOULD WE BE ASSISTING WITH, RIGHT? ANY, ANYTHING THAT YOU WOULD WANNA CONSIDER.

I CALL IT A COMMON AREA IMPROVEMENT.

SO THE WIDENING OF GARTH ROAD, THE WIDENING OF MAIN STREET, WHICH HAS TO HAPPEN TO ACCOMMODATE ALL THE GROWTH ON THE SOUTH, ON THE NORTH SIDE OF THE CITY.

SO THOSE ARE TWO INVESTMENT OPPORTUNITIES THAT THE TOUR CAN CONTRIBUTE ON BEHALF OF THE CITY.

ANY TYPE OF, UH, INFRASTRUCTURE WORK, WATER OR SEWER THAT NEEDS TO BE RUN UP THAT DIRECTION.

UH, THE POTENTIAL OF OTHER COLLECTOR

[00:10:01]

SO THOSE ARE ITEMS THAT DET CAN CONTRIBUTE TO.

SO I'M TRYING TO RECALL, I MEAN, I'VE, I'VE BEEN ON THIS BOARD A WHILE AND, BUT I DIDN'T GET IN ON THE INITIAL TOURS ONE, BUT I SEEM TO RECALL THAT THE INITIAL INVESTMENT WAS FROM THE DEVELOPER, NOT FROM THE CITY.

SO THE, THIS TUR WAS CREATED MANY YEARS AGO TO ACTUALLY HELP BUILD A RESIDENTIAL COMMUNITY.

UM, AND I DON'T HAVE THE MAPPING OF IT, BUT THIS TUR THE ONE WE'RE TALKING ABOUT, TUR ONE, WE ONLY HAVE ONE TOUR.

THIS IS ALL TUR ONE RIGHT NOW.

THIS WOULD BE A SECONDARY, A SEPARATE TOUR.

SO, SO WHAT I'M RECALLING THOUGH IS 'CAUSE WE'RE TALKING ABOUT AN INVESTMENT FROM THE CITY FOR WIDENING ROADS.

WHAT I RECALL WAS THE DEVELOPER INVESTED THE MONEY UP FRONT AND WAS REIMBURSED FROM THE INCREMENT GAINED FROM THE VALUES.

I, I, I CAN HELP WITH THAT SINCE I CREATED THE TARS.

WHY? I CAN GIVE YOU THE HELP, HELP I CREATED.

I'VE BEEN WORKING ON THIS SINCE 2001.

UH, YOU'RE RIGHT.

AND, AND I THINK WE JUST NEED TO BE CAREFUL WHAT WORDS WE CHOOSE.

UH, THE CHARTER WAS CREATED AND WAS EXPANDED MANY TIMES FOR DIFFERENT REASONS.

AND, BUT WE HAD DEVELOPMENT AGREEMENTS WITH DEVELOPERS WHO DID, THEY PUT IN THE INFRASTRUCTURE AND WE REIMBURSED 'EM FROM THE INCREMENT, THEIR INCREMENT TO PAY THEM BACK.

THEN AS TIME WENT BY, UH, THE TURS THEN ADDED OTHER PROPERTY AND STARTED USING ITS DOLLARS BECAUSE THEY BUILT UP A BASE LIKE SAN JA SINOPA BOULEVARD AND HUNT ROAD, WHERE THE CITY ON THE EXPANSION, UH, DID THAT.

AND, UH, SO WHERE BRETT'S COMING FROM IS, IS THAT, YOU KNOW, WHAT, WHAT REALLY HAS TO HAPPEN IS, IS WE NEED TO PREPARE A PRELIMINARY FINANCING PLAN TO ANSWER ALL THESE QUESTIONS.

AND SO YOU'RE ASKING THE RIGHT QUESTION, BUT THE QUESTION IS, IS WHAT SHOULD THE CHARGE DO AND TO WHAT EXTENT, AND ARE WE REIMBURSING LENNAR TO DO IT? OR ARE WE PUTTING MONEY IN? OF COURSE THERE'S NO, IF YOU DO IT.

UH, AND IN FACT, WE HAD DEVELOPMENT AGREEMENTS, BRETT, WE ACTUALLY HAD DEVELOPMENT AGREEMENTS WITH THE CITY WHERE THE CITY ACTUALLY DID CERTAIN, CERTAIN ASPECTS AND THEN WAS PAID BACK FROM THE INCREMENT.

UH, THERE WAS LIKE, I THINK WE HAD THREE OF THOSE DEVELOPMENT AGREEMENTS.

SO WE'VE HAD DEVELOPMENT AGREEMENTS WITH DEVELOPERS, DEVELOPMENT AGREEMENTS WITH THE CITY.

WE EVEN HAD A DEVELOPMENT AGREEMENT WITH CHEVRON, THE COUNTY, WHEN WE DID THE CHEVRON DEAL TO REMEMBER THE COUNTY, UH, DEAL.

SO, UH, IN THIS CASE, I, WHAT I'M HEARING BRETT SAY, I THINK IT'S THE RIGHT COURSE IS TO CREATE SEPARATE TURS.

BECAUSE IF YOU WERE TO EXTEND TS ONE OVER THIS, THEN YOU WOULD HAVE TO EX EXTEND THE LIFE OF THE ZONE, WHICH THERE NOT BE, MAY NOT BE AN APPETITE ON COUNCIL FOR THAT, AND THERE'D BE SOME OTHER ISSUES INVOLVED.

UH, SO IF YOU CREATE A SEPARATE TERMS, THAT THAT'S WHAT HAS TO BE NEGOTIATED OUT.

GILBERT IS, YEAH.

UH, IS, ARE WE GOING TO REQUIRE, UH, LENNAR TO DO CERTAIN THINGS AND, AND TO, DO WE REIMBURSE 'EM AT 50% OR 60% OR WHATEVER, RIGHT.

OR IS THE CITY GOING TO ENTER TO A DEVELOPMENT AGREEMENT AND WIDEN, FOR EXAMPLE, WIDEN GARTH ROAD AND GET PAID BACK FROM THE INCREMENTAL THAT LENNAR PRODUCES? THOSE ARE ALL QUESTIONS THAT HAVE TO BE EXPLORED AND ANSWERED.

AND THAT REQUIRES ANALYSIS AND A PRELIMINARY FINANCING PLAN.

WELL YOU, SO YOU, YOU DID CLARIFY SOME OF MY THINKING BECAUSE, BUT WHAT YOU SAID THOUGH WAS ONCE THE TURS HAD FUNDS, THEN THE TURS COULD INVEST THOSE FUNDS.

THIS IS A NEW TURS, IT DOESN'T HAVE ANY FUNDS.

SO WHO WOULD BE FRONTING THE MONEY, YOU KNOW, FROM THE CITY SIDE BECAUSE THERE'S NO TURS DOLLARS.

FIND IT.

SO SATISFY, THAT'S WHAT I'M SAYING.

SO THIS TUR DEVELOPMENT IS, IS COMPLETELY DIFFERENT MODEL THAN THE FIRST TUR DEVELOPMENT, WHICH NEEDED TO BUILD UP MONEY.

UH, AND BECAUSE THIS TUR DOESN'T HAVE ANY MONEY TO PUT INTO SOME OF THESE PROJECTS LIKE TUR ONE HAS, RIGHT? WELL, THAT, THAT GILBERT, I THINK WE'RE MIXING APPLES AND ORANGES AND, AND IN A SENSE, I DON'T KNOW, TURS, ALL I KNOW IS INT IN TURS ONE, WE DID NOT HAVE ANY CITY INVESTMENT UP FRONT.

CORRECT.

AND, UH, IT WAS DONE BY DEVELOPERS.

AND THEN, THEN THE CITY THEN STARTED BECOMING THE DEVELOPER ITSELF.

AND THEN THE CITY BECAME AN, I'M GONNA USE THE TERM THAT BRETT USED, INVESTED MONEY AND GOT PAID BACK THROUGH BONDS.

WE ISSUED BONDS AND PAID BACK THROUGH THE BONDS.

SO YOU SEE THREE DIFFERENT LAYERS OF HOW THE TURS OPERATE IN TURS ONE.

IN THIS CASE, I THINK THERE HAS TO BE A DISCUSSION ABOUT WHAT ARE THE TURS PROJECT COSTS? IS IT WATER? IS IT SEWER? IS IT DRAINAGE? ARE WE GONNA REQUIRE NAR TO PUT THOSE IN? ARE WE GONNA REQUIRE NAR TO EXPAND THE ROAD AND GET PAID BACK FROM THE INCREMENT? WHAT DOES LENNAR EXPECT FROM THIS TERMS? ARE THEY LOOKING FOR THE INTERNALS? WE, I MEAN, I DON'T KNOW ANY OF THOSE S BUT THOSE ARE THE THINGS THAT HAVE TO BE EXPLORED AND ANALYZED AND BROUGHT BACK TO OKAY.

THE BOARD FOR DISCUSSION.

DOWN THE PATH WHERE THE CITY WAS GONNA BE PUTTING MONEY INTO THESE ROAD PROJECTS.

THAT, AND THAT SOUNDS REASONABLE, BUT IT JUST SOUNDED LIKE WE WERE ALREADY GOING

[00:15:01]

I, I DON'T THINK BRETT, I DON'T THINK BRETT MEANT THAT.

SPECIFICALLY HE WAS JUST TALKING ABOUT ENFORCEMENT.

NO, I THANK YOU, DAVID.

NO, WHAT REALLY, WHAT I'M TRYING TO DO IS JUST MAKE YOU AWARE THAT THIS IS GONNA BE PRESENTED GONNA COUNCIL JUST AFTER IN, IN, YOU KNOW, NINE DAYS, AND I DIDN'T WANT IT TO COME OUT OF THE BLUE BECAUSE PART OF OUR CONVERSATION WITH THEM TO DO THIS, UH, DOES REQUIRE A, A PUBLIC IMPROVEMENT DISTRICT, WHICH IS A PIT, AND IT WILL REQUIRE SOME CITY CONTRIBUTION EITHER THROUGH THE CITY OR THROUGH THE TURS.

SO THIS IS, THAT'S WHY WE'RE DISCUSSING IT RIGHT NOW.

I'M JUST TRYING TO MAKE YOU AWARE.

YOU'RE ABSOLUTELY RIGHT.

A WHOLE BUNCH OF RESEARCH HAS TO BE DONE PRIOR TO THIS COMING BACK IN FRONT OF YOU TO SAY YES OR NO TO CREATE A SECONDARY TURS.

BUT WITH LENNAR MAKING THEIR PRESENTATION IN A WEEK, THEY'RE GONNA GET SOME FEEDBACK FROM COUNCIL.

AND THAT WILL GIVE US THE DIRECTION TO KNOW WHICH WAY WE NEED TO HEAD WITH THEM.

AND THEN WE CAN START DRILLING DOWN A LITTLE BIT FURTHER ON THE NUMBERS, WHICH WILL COME THROUGH THE PIT PROCESS AS WELL, WHICH WOULD BE THEIR FINANCE TOOL FOR THIS.

SO THAT'S WHY VICTOR'S IN THE ROOM.

HE'S OUR FINANCE DIRECTOR, SO HE KNOWS ABOUT THE PIS.

I'M WORKING ON THE PIDS WITH THIS.

THEY'VE ALREADY BEEN IN TOUCH WITH OUR PID CONSULTANT ON THIS AS WELL.

SO THERE, THERE'S A, A WHOLE BUNCH OF PEOPLE THAT ARE LOOKING AT THIS BEHIND THE SCENES, BUT I WANTED TO MAKE SURE THAT YOU GUYS WERE AWARE WHEN THIS ROLLS OUT NEXT WEEK, AND THEY TALK ABOUT CITY INVOLVEMENT WITH EMMA ON DOING THIS AND THE TOURS THAT CAN BE, UM, THE INCREMENT THAT CAN BE CREATED AND BE PUT INTO THIS.

I DIDN'T WANT THIS TO HIT YOU GUYS OUT OF NOWHERE.

AND I, I APPRECIATE THAT.

I JUST WAS TRYING TO APPLY THE, A BRAND NEW TOURS STARTING UP AND WHERE DOES THE, WHERE WOULD FUNDING COME? WHERE DOES THE FUNDING COME FROM? BECAUSE IT DIDN'T COME FROM THE CITY.

AS DAVID SAID IN THE BEGINNING, IT CAME FROM DEVELOPERS WHO PAID FOR ROADS AND WERE REPAID WITH INTEREST OVER TIME AS INCREMENT BECAME AVAILABLE.

AND SO THE CITY DIDN'T PUT OUT ANY MONEY, AND DAVID, HE'S CORRECT THEM.

I RECALL THAT THE CITY BECAME A DEVELOPER AND, BUT WE WERE USING EXISTING MONEY OR BOND MONEY, BUT THERE WAS ALREADY INCREMENT IN PLACE TO REPAY THE BONDS WHERE, YOU KNOW, TODAY, EVEN IF YOU WENT OUT AND GOT BOND MONEY, THERE'S NO INCREMENT TO MAKE THOSE PAYMENTS.

SO SOMEBODY STILL HAS TO BE FRONTING THE MONEY.

AND IF IT'S THE CITY THAT'S SOMEONE ELSE'S DECISION.

I'M NOT QUESTIONING THAT.

I WAS JUST TRYING TO UNDERSTAND HOW THIS NEW TURS WAS GONNA KICK OFF BECAUSE LIKE YOU SAID, TO NOT AFFECT TURS ONE.

AND DRAW ANY OF THAT INCREMENT OR MIX IT ALL UP.

SO YEAH, I, I GILBERT I NOW KNOW IT'S NOT FIGURED OUT YET, BUT THAT'S OKAY.

AND, AND, AND IF I MAY, WHAT BRETT BROUGHT UP IS A VERY SALIENT POINT THAT THAT'S VERY DIFFERENT THAN T ONE.

THAT'S THE PIT.

TIM AND I ARE INVOLVED, TIM AND I, TIM AND I ARE, TIM AND I ARE INVOLVED IN A MANAGEMENT DISTRICT IN WEST AL MIGHTY AS YOU THINK IN, UH, LEAGUE CITY WHERE WE HAVE THE MANAGEMENT DISTRICT, WHICH OPERATES LIKE A PIT, AND IT DOES ALL THE, IT PAYS THE DEVELOPER BACK FOR ALL THE WATER, SEWER DRAIN AND PAVING IN THAT CASE.

BUT THE TURNS OVERLAY BUILT TWO, BUILT TWO, UM, UH, UH, HELP, UH, ROADS MAKER THOROUGHFARES AND DID ALL THE REGIONAL DETENTION.

SO IT'S THE SAME TYPE OF MODEL WHERE LENNAR'S GONNA BE USING THE PIT FOR ITS INTERNAL.

AND THEN THE INCREMENT FROM LENNAR WILL, AND LET'S, LET'S SAY FOR EXAMPLE, THE CITY DECIDE IT'S GONNA WIDEN GARTH ROAD AND PAY FOR IT THROUGH THE CHARTERS, WILL THE CITY PUT UP ITS MONEY AND GET PAID BACK BY, UH, LENNAR'S INCREMENT? THAT'S AN, THAT'S AN EXAMPLE WHAT IT COULD BE.

OR THEY COULD REQUIRE LE PUT IT IN AND GET PAID BACK.

THAT'S WHAT WE DID IN WEST DOWN LAKE CITY.

WE REQUIRE THE DEVELOPER TO PUT IN THE, THE, UH, TWO MAJOR THOROUGH FAIRS AND REGIONAL DETENTION.

HE'S GETTING PAID BACK THROUGH THE TOURS, UH, FOR, FOR DOING THAT.

SO THERE'S SEVERAL WAYS TO APPROACH THIS.

BUT IT REALLY HAS TO DO WITH THE METRICS AND THE, THE, UH, DEVELOPMENT.

I, I COMPLETELY UNDERSTAND.

STARTING SOMETHING NEW TODAY, DIFFERENT THAN 2001.

SO I, I'M KIDDING.

I WASN'T EXPECTING THE SAME START, YOU KNOW, PLAN, BUT I WAS JUST TRYING TO UNDERSTAND WHAT IT WAS.

AND I THINK THE REASON FOR THAT, IF I CAN ANTICIPATE, IS THAT THIS REDEVELOPMENT AUTHORITY IS, UM, IS, IS WORKS ONTS ONE, THE CITY DOESN'T HAVE TO ASK YOU TO DO THAT.

AND IF, IF I COULD JUMP IN A LITTLE BIT, UM, I, I WAS THERE ALMOST AS SOON AS DAVID WAS A LITTLE BIT LATER.

UM, THE DIFFERENCE TOO WOULD BE, UM, THAT THIS ZONE, WELL ZONE NUMBER ONE HAD COUNTY AND SCHOOL DISTRICT PARTICIPATION.

DID WE HAVE SCHOOL DISTRICT? UH, YEAH.

I DON'T, I DON'T RECALL.

NO.

JUST COUNTING.

ANYWAY, THAT'S MONEY FROM A DIFFERENT SOURCE.

I DON'T KNOW WHETHER THE COUNTY WOULD BE WILLING TO PARTICIPATE IN SOMETHING LIKE THIS OR NOT.

PROBABLY NOT, BUT YOU WOULD BE WORTH ASKING.

AND, UH, GAR ARE SIGNIFICANT TO THE COUNTY AS WELL.

I MEAN, WE'VE GOTTEN 'EM TO PARTICIPATE IN THINGS.

I'VE BEEN SURPRISED THEY DID.

SO IT MIGHT BE, IT MIGHT BE WORTH DOING DEPENDING ON, USUALLY IT'S PROJECT SPECIFIC.

BUT THE OTHER THING IS THAT, YOU KNOW, AS, AS IS BEING SAID, BRINGING THIS TO YOU SO YOU WON'T BE SURPRISED.

[00:20:01]

THEY COULD DO IT THEMSELVES OR CREATE ANOTHER RDA OR SOMETHING LIKE THAT.

I THINK THE INTENT WOULD BE TO HAVE THIS TURS THEN BE, I MEAN THIS REDEVELOPMENT AUTHORITY BOARD, THEN PERFORM THE SAME FUNCTIONS FOR, THAT WAS ANOTHER.

YEAH, THAT WAS ANOTHER QUESTION I WAS GONNA ASK.

SAY IF THE ADMINISTRATIVE COSTS AND WHY HAVE ANOTHER BOARD, AND YOU COULD EVEN, DAVID AND I WERE JUST TEXTING A MINUTE AGO IF YOU WANTED TO, IF THE CITY WANTED TO, THEY COULD APPOINT THE SAME TURS BOARD FOR BOTH.

SEE IT.

SO IT'S REALLY A LOT OF ECONOMIES OF SCALE AND, AND THEN THE ISSUES JUST BE WHAT DOES LENNAR EXPECT? AS DAVID SAID, WHAT DOES THE CASH FLOW LOOK LIKE? IF THE CASH FLOW CAN'T PAY FOR IT, THERE'S NO POINT IN ARGUING ABOUT IT.

UM, AND IF THEY WANT DEBT, THAT'S A DIFFERENT TYPES OF TYPE OF DISCUSSION.

UM, AND I'M KNOWING LENNAR, THEY PROBABLY DO.

BUT, UM, THAT'S A, THAT'S A DISCUSSION TO HAVE.

UH, BUTTS DON'T EVER HAVE ANY MONEY IN THE FIRST YEAR AND THEN THEY ONLY GET MONEY IF SOMEBODY STARTS TO BUILD SOMETHING.

AND SO THAT I LOVE TARS JUST BECAUSE THEY PUT THE RISK ON THE DEVELOPER AND IN AND IN THIS LENNAR DEAL, YOU CREATE A SEPARATE TURS, THEN IT MEANS THAT TURS ONE ALSO DOESN'T TAKE THE RISK OF THEIR DEAL.

UM, YOU KNOW, WE GOT RID OF THE, OF THE MALL BECAUSE IT WAS CREATING A SINK ON, ON REVENUES AND WE DON'T WANT ANOTHER ONE.

WHAT'S THE RISK ON THE DEVELOPER IF THEY'VE GOT THE SKIN AND THE GAME UP FRONT? RIGHT, EXACTLY.

UH, I WAS ASKING ABOUT, BUT AS YOU POINT OUT, THE GREAT THING, THE MARK OF A SUCCESSFUL TURS IS THAT IT EVENTUALLY GENERATES ENOUGH MONEY TO WHERE YOU CAN DO YOUR OWN PROJECTS.

AND THAT'S WHAT YOU'VE BEEN DOING THE LAST FEW YEARS.

I, I, ANYWAY.

THANKS.

THANKS, UH, FOR THE EXPLANATION CLARIFICATION, RICK, DID YOU SAY SOMETHING THAT R HAD ENTERTAINED THOUGHTS OF A, A MUD WHEN THEY INITIALLY APPROACHED THE CITY ABOUT, UM, THIS ACREAGE? THEY WANTED TO LEAVE IT IN THE ETJ AND ADD IT, ANNEX IT INTO THEIR CURRENT MUD, WHICH THEY'RE BUILDING OUT, YOU KNOW, THE OTHER 1600 HOMES.

AND UM, AS YOU'RE PROBABLY AWARE, OVER THE LAST TWO AND A HALF YEARS, WE DO NOT WORK ON MUDS.

WE WORK WITH PUBLIC IMPROVEMENT DISTRICTS.

UM, AND IN THIS PARTICULAR CASE, BECAUSE OF THE VASTNESS OF WHAT THEY WANT TO ACQUIRE, IT LITERALLY WOULD PUT A HARD CAP ON OUR CITY TO GROW TO THE NORTH SIDE BECAUSE WE CAN'T, IT'D BE WAY TOO CHALLENGING TO ANNEX AROUND THEM.

AND IF THEY PUT IT IN THEIR MUD, EVEN IF WE PUT A TIMEFRAME ON IT, I THINK THEIR CURRENT MUD HAS A TIMEFRAME OF 40 YEARS.

SO WE WOULD, NONE OF US IN THIS ROOM WOULD BE HERE AT THAT POINT IN TIME.

UH, AND THAT WOULD SIGNIFICANTLY CHALLENGE THE CITY TO KYLE WOULD BE AROUND KYLE KENDALL.

THEY'D STILL BE AROUND , KENDALL.

THEY'D STILL BE, STILL BE HERE.

BUT YEAH, SO THAT'S, I'M 50 YEARS OLD.

I PROBABLY WON'T BE HERE IN FOUR YEARS.

SURE.

SO THAT'S, THAT'S THE REASON THIS HAS ALL COME UP.

WE'VE, WE'VE HAD SOME, UH, CONVERSATIONS WITH 'EM.

THEY HAVE APPROACHED SOME OF OUR ELECTED OFFICIALS ABOUT DOING THIS PROJECT, WHICH IS THEIR RIGHT TO DO IF THEY CHOOSE TO DO THAT.

UM, BUT I THINK COUNCIL'S BEEN PRETTY, UM, SPECIFIC OVER THE LAST COUPLE OF YEARS OF THIS IS OUR FORMAT, YOU KNOW, ANNEXATION INTO THE CITY HELPS US NOW BECAUSE WE CANNOT INVOLUNTARILY ANNEX ANYONE.

SO IT'S VOLUNTARY ANNEXATION, WHICH HELPS US TO GROW, WHICH ALSO HELPS US TO BE ABLE TO PROVIDE THE UTILITIES INTO THOSE AREAS.

AND TO DO THAT, SINCE THERE'S A COST ATTACHED TO IT, UM, YOU KNOW, THE INVESTMENT THAT WE CAN PUT IN THERE CAN COME THROUGH THE INCREMENT THAT COULD BE CREATED THROUGH THE TURS, THROUGH TURS.

SO, AND YES, AS, AS I THINK DAVID EXPLAINED, YOU CAN, UM, YOU CAN STACK A PIT IN A TURS SO YOU CAN HAVE LAYERS ON THAT TYPE OF DEVELOPMENT.

AND THEN AS GILBERT POINTED OUT, IT JUST DEPENDS ON WHAT WE CHOOSE THROUGH THE TOURS BOARD TO WANT TO INVEST THAT INCREMENT IN.

I DON'T LIKE TO INVEST ON SITE.

I THINK A DEVELOPER SHOULD SPEND THEIR OWN MONEY ON SITE.

BUT I, I LOOK AT, UH, INCREMENT THAT CAN BE CREATED CAN BE INVESTED IN THE PUBLIC RIGHTS OF WAY, SO TO SPEAK.

THE ROAD EXTENSION.

ROAD, ROAD, THINGS LIKE THAT.

SO, WELL, Y'ALL ARE WAY SMARTER AT THIS THAN I AM.

I WAS JUST TRYING TO UNDERSTAND THE BASIC, UH, YOU KNOW, WHEN YOU SAY INVESTMENT, WHO'S INVESTING IT, SIR.

ITEM BETWEEN THEM AND COUNCIL, UH, TO SUGGEST HI, YOU KNOW, WHO WE ARE, WE'RE DOING THIS PROJECT NOW, WE'RE LOOKING TO DO THIS.

ANY, ANY OTHER COMMENTS, QUESTIONS? GOOD DEAL.

ALRIGHT, THANKS BRENT.

YOU SAID THEY'RE GONNA BE BRINGING THIS AT THE NEXT COUNCIL MEETING? YEAH, THEY, THEY'RE GONNA BE MAKING A PRESENTATION TO COUNCIL ON THE NINTH.

AGAIN, IT'S A DISCUSSION

[00:25:01]

UM, AND THIS IS HOW WE WOULD LIKE TO WORK WITH THE CITY TO DO IT.

I'M NOT PUTTING WORDS IN THEIR MOUTH.

I HAVE NO IDEA WHAT THEIR PRESENTATION IS GONNA BE, BUT IT SHOULD BE SOMETHING.

PROBABLY SOMEWHERE IN THE, ALONG THOSE LINES.

THAT'S TYPICALLY HOW THAT, HOW THAT GOES, KIND OF DISCUSSION ISSUES.

A CONSIDER TAX ZONE NUMBER ONE, FINANCING FOR PHASE ONE ENGINEERING AT THE SANS BOULEVARD PROJECT.

SAYING IS HOW THERE'S NO, NO FURTHER COMMENTS, UH, QUESTIONS ON MATTER.

EIGHT, WE'LL MOVE TO ITEMS THREE.

[3. BUSINESS ITEMS a. Consider the Tax Increment Reinvestment Zone Number One financing the Phase 1 Engineering of the San Jacinto Boulevard Project.]

SO JUST, UH, BEFORE I HAVE IRWIN, I'LL INTRODUCE IRWIN BURDEN, WHO IS, UM, THE ASSISTANT DIRECTOR IN, IN OUR PLANNING DEPARTMENT.

AS YOU KNOW, WE DID THE ANALYSIS LAST YEAR, THE LAND PLAN FOR THE SANS BOULEVARD DISTRICT.

UM, IT'S BEEN VERY WELL RECEIVED.

WE HAVE DEVELOPERS THAT ARE VERY EXCITED, UH, IN SEEING WHAT WE'VE CREATED TO BE CREATED.

AND THE, THE NEXT LOGICAL FIRST STEP ON THIS PROCESS IS THIS PHASE ONE OF PRELIMINARY ENGINEERING.

UH, WE DID PUT AN RE OUT FOR THAT AND EHRA WHO WORKED ON THE LAND PLAN WITH US.

THE ONLY RESPONDENT TO IT, THERE IS, UM, A SLIGHT BIT OF URGENCY TO THIS BECAUSE WE'RE ALSO WORKING WITH THE HARRIS COUNTY TRANSIT SERVICES WHO NEED A NEW PARK AND RIDE SITUATION SINCE THE MALL IS NO LONGER A VIABLE ENTITY FOR THEM.

AND, UH, WE TRIED SEVERAL OTHER LOCATIONS ON THE NORTH SIDE OF TOWN.

NO ONE WAS WILLING TO WORK.

SO THEY HAVE MONEY TO PUT INTO A PROJECT, UH, TO GET A PARK AND RIDE SCENARIO CREATED.

THEY WANT TO WORK WITH THE CITY.

THEY'VE BEEN SITTING ON THIS MONEY TO WORK WITH US.

AND SO THIS IS KIND OF A NATURAL TIE IN, UM, TO THIS PHASE ONE.

SO I WILL LET ERWIN DESCRIBE THE REST OF IT AND HOW IT WOULD WORK OUT.

UM, THANK YOU.

UM, THE PROJECT WILL, UH, UH, DO THE PRELIMINARY ENGINEERING TO, UH, FOR THE EXTENSION OF LONESTAR.

IT WILL ALSO, WHICH WILL TIE INTO THE TRANSIT AUTHORITY.

IT'LL LOOP IN BACK TO I 10, UH, GIVING CONNECTIVITY.

UM, IT'LL ALSO MASTER PLAN THE DRAINAGE OUT TO FIRM IT UP A LITTLE BIT MORE AND IT'LL ACTUALLY PROPOSE SOME OF THE WATER AND SEWER UTILITY EXTENSIONS THAT WILL BE NECESSARY, WHICH ARE, HAVE BEEN COVERED UNDER OTHER STUDIES FOR AVAILABILITY.

SO WE DO HAVE THE CAPACITY ON THIS SIDE.

UH, THE OTHER THING I WANTED TO MENTION IS THE HARRIS COUNTY FLOOD CONTROL DISTRICT, UH, COMPLETED A, UH, FEASIBILITY STUDY ON GOOSE CREEK FROM NORTH I 10 ALL THE WAY DOWN TO, UH, UH, SOUTH OF 1 46.

AND SO, UM, THEY'RE ACTUALLY ENGAGED IN PHASE ONE OF ONE OF THE PROJECTS, WHICH IS BUILDING A POND, UH, JUST NORTH OF BROOK.

AND THERE'LL BE CHANNEL IMPROVEMENTS GOING ALL THE WAY UP TO 10.

SO WE'RE COORDINATING WITH THEM.

AND PART OF THIS STUDY WILL TO BE COORDINATE THAT EFFORT AND THE AMOUNT OF CHANNEL IMPROVEMENTS, DETENTION THAT WE COULD POSSIBLY SHARE IN, UH, FOR BOTH THEIR PROJECT AND OURS, UH, TO ACTUALLY AUGMENT DOLLARS TO THE CITY.

SO WE'RE DOING A LOT OF COORDINATION FOR A LOT OF MOVING PARTS HERE.

AND THIS REPORT WILL HELP DOVETAIL INTO THEIR PRELIMINARY INJURY REPORT FOR THEIR PROJECT.

UM, SO, SO THE TWO TIE TOGETHER ON FIRMING UP THE DETENTIONS, WHICH COULD REDUCE DEVELOPMENT COSTS.

SO WE'RE KIND OF DOING A LOT OF THINGS AT ONE TIME AND, UH, WE'RE, UH, LOOKING FOR THE, UH, FUNDING TO, FOR THE ITEM GOING TO COUNCIL FOR THIS AGREEMENT.

SO WE WOULD, UH, WE RECOMMEND, UH, APPROVAL OF THOSE.

WHAT IS THE TIMEFRAME? THEY HAVE A, FOR WHICH ONE? US OR THEM FOR THEM.

UH, THEIR TIMELINE IS THEY'RE TRYING TO HAVE A PRELIMINARY ENGINEERING REPORT WITHIN THE NEXT NINE MONTHS TO 10 MONTHS.

AND THAT'S WHAT WE'RE LOOKING AT TOO.

SO OUR TWO REPORTS WILL BE COINCIDING.

I USED TO WORK FOR THE FLOOD CONTROL DISTRICT.

IN FACT, I KNOW THE PROJECT MANAGER, SHE WAS FOUR, FOUR OFFICES DOWN FROM ME.

SO WE'RE VERY FAMILIAR WITH WHAT'S GOING ON ON BOTH SIDES.

UH, WE HAVE OTHER IN LOCAL AGREEMENTS WITH FLOOD CONTROL DISTRICT AND IN THE CITY, AND WE'RE COORDINATING WITH THEM DAILY ALMOST IN SOME ASPECTS.

SO, UM, WE HAVE A LOT OF GOOD RAPPORT, A LOT OF, UH, COMMUNICATION GOING ON AND A LOT OF SIMILAR THINKING ALONG HERE.

SO , THIS IS A REALLY GOOD TIME, WHICH IS KIND OF ODD BEING IN THE FLIGHT CONTROL DISTRICT.

I KNOW.

I USED TO WORK THERE.

TO WORK FOR, DIRECTLY FOR THE, UH, ACTING, UH, DIRECTOR OF FLICK PATROL.

WELL, JUST FROM MY EXPERIENCE FROM INDUSTRY WORKING WITH FLOOD CONTROL, FROM HAVING AN ENVIRONMENTAL AND MANAGER AND DEALING WITH FLOOD CONTROL, I'M JUST CURIOUS HOW ON BOARD AND HOW THE PROGRESS, UM, THE APPROACH THAT WE'RE WORKING ON, ON THIS ONE HAS ACTUALLY BEEN A BREATH OF FRESH AIR TO THEM BECAUSE WE ARE WORKING VERY DILIGENTLY TO ACCOMMODATE THEIR PROJECTS AND THEIR FEASIBILITY STUDY WORKING TOWARD THAT PER AND AT THE SAME TIME ACCOMPLISHING OURS.

SO IT'S KIND OF A DOVETAIL OF TWO THINGS.

I ALSO USED

[00:30:01]

HE WAS MY IMMEDIATE SUPERVISOR FOR A PERIOD OF TIME, SO I KNOW HIM VERY WELL.

FRANK KNOWS HIM.

UM, MATT EVE, WE WORK WITH HIM.

HE'S THE ASSISTANT.

SO, UM, I KNOW FRANK AND I KNOW THEM VERY WELL.

WE HAVE A REALLY GOOD RAPPORT, SO THAT'S NOT A PROBLEM.

THAT'S ENGINEERING OF THIS PRELIMINARY ENGINEERING PRELIMINARY ENGINEER.

CAN YOU REMIND HIM OF THE DOLLAR AMOUNT? OH YEAH, I'M SORRY.

I WAS GONNA ASK, THERE'S NO, I HAVE IT RIGHT HERE.

THE, THE AGREEMENT IS, UH, FOR $331,048.

IT'S EVERYTHING THAT'S IN THE RED MIX.

OH, EVERYTHING'S IN RED.

THE PROPERTY OWNERS AGREED TO THIS BIG DETENTION BOND AREA.

WELL, THE ADVANTAGE THAT WE HAVE RIGHT NOW IS, UH, THEY HAD INITIALLY STARTED THIS TYPE OF A PROCESS THINKING MANY YEARS AGO THAT THEY KNEW THEY WOULD HAVE TO CREATE SOME TYPE OF LARGE AREA TO STORE WATER OFF SITE.

THEY HAD ALREADY, UM, PRELIMINARY CHOSEN THIS SITE OVER HERE.

UM, IT'S BEEN TALKED ABOUT FOR QUITE A WHILE.

I MEAN, AS FAR AS PRIMARY KIND OF PRIMARY SPOT.

BUT THEY ALWAYS SEEM TO HESITATE ON GIVING UP THAT MUCH LAND, BUT THEY CAN'T DO ANYTHING WITH THE REST OF IT UNTIL THEY GET THAT.

SO GIVING UP LAND IS A DIFFERENT CONVERSATION, WHICH WILL HAPPEN NEXT.

BUT , THIS IS, UH, THIS IS AN ACTION ITEM ON BEHALF OF BOARD, UH, OF, OF YOUR BOARD HERE TO APPROVE THIS SO WE CAN GO AHEAD AND GET THIS PROCESS STARTED.

STARTED.

THE NICE THING IS THAT, AS I SAID, EHRA SPENT A LITTLE ABOUT SEVEN MONTHS HELPING US TO LAND PLAN THIS AREA.

SO THEY'RE VERY FAMILIAR WITH IT.

AND SO FOR THEM TO COME ON BOARD AND, UH, DO PHASE ONE, THAT FAMILIARITY IS GOING TO HELP US TO DO THIS A LITTLE BIT QUICKER THAN IF WE WERE BRINGING SOMEBODY IN NEW TO THE PROJECT WHO HAD TO GET THEMSELVES FAMILIAR WITH IT FIRST AND THEN MOVE IT FORWARD.

UM, THE SECONDARY THING IS THAT WE STILL HAVE OUR OVERLAY IN PLACE ON THIS AREA.

SO RIGHT NOW, DEVELOPMENT IS TALKING ABOUT OCCURRING UP THERE, BUT AS LONG AS THE OVERLAY IS IN PLACE, IT'S GOING TO MAKE IT A CHALLENGE FOR THE TYPES OF, UM, DEVELOPMENT THAT PEOPLE HAVE PRESENTED TO COME TO THAT AREA.

SO AS WE MOVE THIS PROJECT FORWARD, WE CAN THEN READDRESS THE OVERLAY THAT EXISTS UP THERE.

FOR EXAMPLE, WHAT I MEAN BY THAT IS THE OVERLAY SAYS YOU CANNOT STORE WATER ON SITE ON THE SAN JACINTO BOULEVARD AREA.

SO ANYBODY WHO'S BUILDING RIGHT NOW HAS TO FIGURE OUT A WAY OF MITIGATING THE WATER ALL THE WAY DOWN TO THE HARRIS COUNTY DITCH, RIGHT? MM-HMM .

THAT'S A LONG WAY TO GO FOR ONE PERSON WHO WANTS TO BUILD A HOTEL ON THE NORTH END OF SAN JACINTO, FOR EXAMPLE.

SO IT'S NOT GOING TO HAPPEN, WHICH THEY TRIED IT, BUT TRIED.

IT DIDN'T WORK.

CORRECT.

SO THIS, THIS WILL THEN GIVE US THE ABILITY TO WORK ON THIS OVERLAY, READDRESS IT, BECAUSE WE KNOW AFTER WE DID THE INITIAL STUDY EARLIER THIS YEAR, THAT YOU HAVE TO MITIGATE SOME WATER ON SITE.

IT'S RIGHT ACROSS FROM WHERE OUR SHOOTING RANGE IS.

THERE'S TOO MUCH OF A SHEET FLOW.

IT WOULD OVERWHELM THE DRAINAGE IF WE ALLOWED IT TO GO STRAIGHT IN.

SO WE KNOW THAT WE HAVE TO HAVE, UH, SOME DRAINAGE CREATED.

AND THAT'S WHY WE ALSO AMENITIZED THE DRAINAGE, AS YOU GUYS SAW FROM THIS PRESENTATION EARLIER THIS YEAR, BY HAVING NOT ONLY WOULD THIS BE A HUGE LAKE OVER HERE THAT WE WOULD TURN INTO A CITY PARK, BUT THE AMENITY LAKE AND THE CENTER OF THE DEVELOPMENT, THE LAZY RIVER THAT RUNS THROUGH IT, ALL OF THESE AMENITIES ARE, UM, VERY PEDESTRIAN ORIENTED, FRIENDLY, FAMILY FRIENDLY.

AND WHEN YOU GO TO SOME CITIES, CERTAINLY RIGHT AROUND THE HOUSTON AREA WHO'VE AMENITIZED ONSITE WATER, THEY'RE VERY SUCCESSFUL WITH THE DEVELOPMENTS THAT HAVE OCCURRED AROUND THERE.

SO WE'RE JUST KIND OF MIRRORING THAT.

HOW MUCH DOES THIS ACCOMMODATE, AGAIN, DID YOU ALREADY SAY, IS IT JUST, IS IT GONNA BE FOR THIS ENTIRE PROJECT EVENTUALLY, OR JUST THE IN THE RED THAT WILL TAKE MOST OF EVERYTHING THAT IS NORTH OF THE ROUNDABOUT WILL BE TRANSFERRED OVER THAT DIRECTION.

EVERYTHING SOUTH OF THE ROUNDABOUT WILL BE LOOKED AT IN THE FUTURE.

UH, BECAUSE WHEN YOU GET, EXCLUDING WHAT YOU SEE IMMEDIATELY SOUTH OF HUNT ROAD, WHEN YOU START GETTING A LITTLE BIT FURTHER SOUTH OF THAT, IT'S GOING TO BE SINGLE FAMILY, UM, IN SOME RESPECTS BUILT OUT.

UM, WE, WE ALREADY SEE THE FIRST PIECE OF THAT COMING ON WITH THE, UM, COTTAGES ON SAN JACINTO, WHICH WAS JUST PRESENTED TO COUNCIL.

SO HOW ARE THEY GONNA MITIGATE THE WATER ISSUE IF, IF THERE'S NO DETEN REGIONAL DETENTION OPPORTUNITY FOR SOUTH OF, OF THE ROUNDABOUT, RIGHT ON THE SOUTH SIDE, WE ST THAT'S, THAT'S GONNA BE A FUTURE ISSUE.

THAT'S ANOTHER PROJECT.

SO THERE MIGHT BE ANOTHER LARGE REGIONAL DETENTION POND SOUTH OF HERE, THERE, THERE AT LEAST TWO MORE, PROBABLY THREE OR FOUR, UM, FLIGHT CONTROL'S BUILDING TWO, WE'RE ACTUALLY PARTNERING WITH THEM ON ANOTHER ONE.

[00:35:01]

AND THEN WE'RE ALSO, UH, LOOKING AT A POTENTIAL, ANOTHER LOCATION.

EXACTLY WHAT WHERE WAS SAYING THE, THE SMARTEST PART FOR THE CITY AS WE'RE ADDRESSING SAN JACINTO BOULEVARD IS TO START AS CLOSE TO I 10 AS POSSIBLE.

IT'S THE MOST VISIBLE, IT'LL BE THE MOST ATTRACTIVE PROPERTY FOR US TO BUILD OUT, NOT ONLY FOR OUR CITIZENS TO SEE, BUT AS WE'RE ATTRACTING IN, UM, ANY TYPE OF HEADQUARTERS, OPERATIONS, HOSPITAL, WHATEVER YOU WANNA PUT UP THERE.

WHATEVER A DEVELOPER CAN COME AND CREATE, IT'S THE MOST VISIBLE AREA FOR US TO DO IT.

SO THAT'S WHY WE'RE FOCUSING ON THE NORTH END OF SAN JATO BOULEVARD.

FIRST, THE FLOOD CONTROL DISTRICT'S ALSO LOOKING AT POTENTIALLY MAKING A NATURAL STABLE CHANNEL DESIGN DOWN GOOSE CREEK.

IT WON'T LOOK LIKE A TRAP SECTION LIKE YOU NORMALLY SEE.

THE REASON IS, IS THAT IT HELPS MITIGATE IN LINE THE CORE PERMITTING REQUIREMENTS, BUT ALSO IT GIVES US A NICE, BEAUTIFUL SET, UH, NATURAL, UH, CREEK LOOKING AREA THAT HAS A RIPARIAN BUFFER IN THE MIDDLE.

AND WE'VE ACTUALLY ARE IN THE PROCESS OF REQUESTING TRAIL SYSTEMS TO MIRROR IT THAT CAN ACTUALLY TIE ALL THIS TOGETHER AND TALKING TO, UH, PARKS.

SO THOSE PIECES CAN BE TIED TOGETHER TO CONNECT TO THE REST OF THE PARK SYSTEM THAT WE HAVE.

THAT GOES DOWN TO THE MAR THE MARINA AREA.

THERE'S A, THERE'S A LOT OF COORDINATION GOING ON BEHIND THE SCENES TO CONNECT TO OTHER MASTER PLANS, OTHER THINGS.

THIS ONE WOULD GO UP TO, UH, I THINK IT'S, UM, VILLE ROAD, WHICH CONNECT TO POSSIBLY A TRAIL GOING OF GUARD.

SO THE ACTION YOU'D BE LOOKING FOR IS FOR THE BOARD TO APPROVE THE EHRA FOR REIMBURSEMENT TO THE CITY? YES.

ALL THE ENGINEERING COSTS.

DO I HEAR A MOTION TO APPROVE ENGINEERING COSTS FOR PHASE ONE? I, I'LL MOVE THAT.

WE ALRIGHT.

HAVE MOTION BY GILBERT SECOND BY KYLE.

ANY ANY FURTHER COMMENTS OR QUESTIONS? ONE CLARIFYING QUESTION.

SO ALL THIS, THIS IS ALL IN THE TURS? YES.

THAT IS ALL NOW IN THE TUR, ALL THIS YES.

THE TUR THE RED LINE, THE TUR BOUNDARIES HAVE BEEN, THE TURS BOUNDARIES BEEN JOHN MARTIN ROAD FOR A LONG TIME.

BUT WE, WE, WE DID EXTEND IT ACROSS TO THE WEST.

JUST RECENTLY WHEN THE TOUR WAS EXPANDED, THAT WAS TAKEN IN.

JUST, I JUST WANT TO KEEP UP WITH THAT PART.

SO YEAH, HOW FAR, HOW FAR SOUTH TO THE WEST OF IT DOES IT GO? IF, IF, IF MEMORY SERVES ME, UH, CORRECTLY, DAVID, ON THE EXPANSION OF THE TOURS, IT GOES ALL THE WAY DOWN TO CEDAR CREEK, LYNCHBURG BAYOU, WHATEVER THE HECK THE NAME OF THAT ROAD IS DOWN THERE.

I ALWAYS GET IT BACKWARDS.

IS GOOSE CREEK, THE WESTERN BOUNDARY? GOOSE CREEK.

THE WESTERN BOUNDARY, YEAH.

OF THE EXPANSION.

IT'S WEST OF JOHN MARTIN.

SO HOW FAR WEST OF JOHN MARTIN DID WE JUST JOHN MARTIN? JUST JOHN MARTIN, BUT UP TO THE NORTH WE DID TAKE IN THIS PHASE ONE AREA.

YES, WE DID.

YES WE DID.

SO WE CARVED OUT THE LITTLE, SOME RESIDENTIAL PROPERTIES RIGHT UP IN HERE.

THAT'S RIGHT.

ALL THAT GOES IS, WHAT'D YOU SEE THERE? OH, I THOUGHT THEY SAID CEDAR BY, WELL, ALL THE WAY BACK.

OH, HERE.

BUT THAT'S WHAT I WAS ASKING.

THAT'S WHY I WAS OH, OKAY.

THERE WERE, RIGHT, THERE WERE ALSO AREAS AS YOU HEADED FURTHER SOUTH ON SAN JACINTO BOULEVARD THAT WERE NOT IN THE TOUR THAT WE ENDED UP TAKING IN THE TOUR ALL THE WAY DOWN TO SAN JACINTO, TO CEDAR WEST, CEDAR BAYOU BURG BY LYNCHBURG.

THAT'S RIGHT.

I I DON'T HAVE ANY OTHER QUESTIONS.

THERE'S NO FURTHER QUESTIONS.

ALL THOSE IN FAVOR SAY AYE.

AYE.

ALL THOSE OPPOSED NAY.

ALRIGHT, MOVING ON TO BUSINESS ITEM NUMBER THREE.

VOTE PASSES.

[b. Discuss and consider property acquisition along San Jacinto Boulevard for infrastructure purposes.]

DISCUSS AND CONSIDER PROPERTY ACQUISITION ALONG SANTA CENTER BOULEVARD FOR INFRASTRUCTURE PURPOSES.

SO AGAIN, THIS IS JUST A DISCUSSION BECAUSE AS WE MOVE FORWARD ON, UH, PROJECTS THAT WE HAVE UP IN THIS AREA, THERE WILL BE SOME OF THESE PROPERTIES THAT WE WILL NEED TO ACQUIRE, UM, FROM, UH, GEORGE AND LEO, THE EITHER MAJORITY PROPERTY OWNERS OR, UH, CONTROLLING INTEREST PARTIES OF ROUGHLY THIS 200 ACRES ON THE NORTH SIDE.

UM, WE, WE DO NOT, NOR SHOULD WE EXPECT DEVELOPERS TO GIVE US MORE PROPERTY.

THEY GAVE UP ABOUT 27 ACRES WHEN, UH, SAN JACINTO WAS CREATED.

UH, THEY'RE WILLING TO WORK WITH US ON DISCOUNTED REEDS ON WHAT WE CAN BUY THIS PROPERTY FOR, BECAUSE IT'S GOING TO BE USED FOR THE MITIGATION OF WATER, WHICH OBVIOUSLY THEY NEED TO SELL PROPERTIES, UH, IN THEIR DEVELOPMENT.

[00:40:01]

I, IS THIS JUST FOR STORM WATER? IS THIS FOR WASTEWATER AS WELL? WE JUST, NO, THIS WOULD, THIS WOULD BE BASICALLY FOR STORM WATER.

UM, SO THE CONVEYANCE OF THE STORM WATER, THE CREATION OF THE LAZY RIVER THAT WE'RE TALKING ABOUT, THE EXTENSION OF LONE STAR BOULEVARD THAT RUNS ALL THE WAY ACROSS THEIR PROPERTY.

SO THERE'S GONNA BE SOME SIGNIFICANT ACREAGE THAT WILL BE GIVEN UP, UH, FOR US TO GIVE WHAT WE WANT.

AND WHEN I SAY GIVEN UP THAT THEY WILL SELL INTO THIS PROJECT THAT WE WILL NEED TO ACQUIRE, UM, THE TOURS HAS THE ABILITY TO DO THAT, TO ACQUIRE THESE PROPERTIES ON BEHALF OF THE CITY OR IN CONJUNCTION WITH THE CITY.

I DON'T KNOW WHAT IT IS GOING TO BE YET, BUT I AGAIN WANTED TO BRING IT TO YOUR ATTENTION TO MAKE YOU GUYS AWARE THAT AT SOME POINT IN TIME IN THE FUTURE, WE WILL BE LOOKING AT THIS, ESPECIALLY BASED ON THE PHASE ONE REPORT.

WHEN IT COMES BACK, WE'LL HAVE A BETTER INDICATION ON THAT NORTH SIDE EXACTLY WHAT WE WILL NEED AND, UH, HOW MUCH OF IT WE'LL NEED.

SO NO GUESS ON ACREAGE NEEDED.

WELL, PERCENT OF WHAT THEY, SO OUT OF ROUGHLY 200 ACRES THAT THEY HAVE, I'VE BALLPARK THAT WE'RE GONNA PROBABLY USE OR NEED ABOUT 70 OF THOSE ACREAGE, UH, BECAUSE ABOUT 200.

YEAH, BECAUSE YOU'VE GOT ROUGHLY SIGNIFICANT, IT IS SIGNIFICANT.

THE SIZE OF THIS DRAINAGE LAKE IS ROUGHLY 30 TO 40 ACRES.

SO, UH, THE AMENITY LAKE THAT SITS IN THE MIDDLE OF THE PROPERTY IS 15.

UM, THE LAZY RIVER IS A COUPLE OF BLOCKS LONG AND I'VE FORGOTTEN HOW SOMEBODY TOLD ME HOW TO CALCULATE THAT.

THE EXTENSION OF LONE STAR.

SO THERE ARE EVEN THE HAR, THE CURRENT HARRIS COUNTY DRAINAGE DITCH HA THE SWALES HAVE TO BE FLATTENED AND MADE A LITTLE BIT WIDER.

SO THAT RUNS INTO THE PROPERTY AS WELL THAT THE, UM, DEVELOPERS, THE OWNERS HAVE.

SO SOME OF THAT HAS TO BE TAKEN INTO CONSIDERATION THAT, UH, TO BE ABLE TO CHANNEL WATER PROPERLY TO DO WHAT WE WANT TO DO.

THESE ARE ALL THINGS THAT WE HAVE TO LOOK AT.

SO YOU TALK ABOUT THEIR 200 ACRES IS ALL THEIR PROPERTY NORTH OF THE ROUNDABOUT.

EVERYTHING THAT WE'RE TALKING ABOUT IS RIGHT UP THROUGH HERE AND THEN BACK BEHIND BUCK EAST.

SO THEY, THEY WE'RE NOT TALKING ABOUT THEIR PROPERTY.

THEY DON'T, DO THEY HAVE PROPERTY SOUTH OF, UM, I, I'D HAVE THEY DO, BUT I DON'T REMEMBER.

IT'S NOT MUCH.

BECAUSE YOU START RUNNING INTO, UM, UH, ERIC CARTER'S PROPERTIES DOWN THERE OUT OF 200 ACRES TAKING 70.

THAT THAT'S A, THAT'S A PRETTY GOOD PERCENTAGE OF AVAILABLE DEVELOPABLE, DEVELOPABLE ACREAGE.

NOW, NOT DEVELOPABLE WOOD, HOWEVER, WHATEVER, YOU CAN'T DEVELOP IT ANYMORE.

HOWEVER, WHATEVER THAT MEANS BECAUSE OF THE FLOOD PLAIN ISSUE THAT THEY HAVE NOW, UH, A LOT OF THIS BACK HERE BEHIND BUCKY'S IS NOT DEVELOPABLE.

SO YOU SAY IT BETTER THAN I DO.

THANK YOU.

A LOT OF PRACTICE.

UM, YEAH, I GET, I GET THE AREA BACK HERE.

THAT'S ALWAYS THE FLOOD PLAIN'S ALWAYS BEEN AN ISSUE BACK THERE, BUT YEAH, THAT'S WHY I WAS CURIOUS OF THIS NICE DEVELOPMENT UP HERE.

YOU KNOW HOW MUCH, UM, YEAH.

AND I KNOW THERE'S NOT ANY ANSWERS, BUT, BUT THAT DOES IMPACT WHAT WE JUST VOTED ON, RIGHT? SO, WHICH IT, I KNEW WHAT WE WERE DOING WHEN WE APPROVED THE FIRST ITEM WAS SORT OF CONTINGENT ON THE SECOND ITEM.

AND AN AGREEMENT REACHED WITH THE LANDOWNERS.

AND SO THOSE TWO KIND OF GO TOGETHER.

SO, SO WHAT ARE WE INVESTING UP FRONT? UH, IS A PRELIMINARY WHAT WE JUST, UH, APPROVED GONNA HELP PROVIDE THE INFORMATION TO BE ABLE TO MOVE FORWARD ON THE PUR POTENTIAL PURCHASE OF SOME OF THIS PROPERTY FOR INFRASTRUCTURE.

IT, IT ALL WORKS TOGETHER, BUT YOU'RE CORRECT.

IT HAS TO, THE DOMINOES HAVE TO FALL IN THE RIGHT ORDER.

SO AGAIN, THIS IS JUST DISCUSSION.

THERE'S NO ACTION.

I DIDN'T, HERE THERE'S NO, JUST I WANTED TO MAKE YOU GUYS AWARE BECAUSE THESE CONVERSATIONS ARE HAPPENING.

UM, AND IF WE ARE ABLE TO GET THE PROPERTY OWNERS TO WORK WITH US AND AS WE GET MORE INFORMATION, CAME INTO HRA ON THE ENGINEERING FOR, FOR THIS PHASE ONE, WE'LL HAVE A BETTER INDICATION TO COME BACK TO YOU AT SOME POINT IN TIME IN THE FUTURE.

SO JUST A QUESTION ON THE AGENDA, HOW DO WE KNOW WHEN IT'S AN ACTION ITEM OR NOT? BECAUSE THE FIRST ONE SAYS, CONSIDER THIS ONE SAYS DISCUSS, CONSIDER.

YEAH, BUT IT DOESN'T, NEITHER ONE OF 'EM SAY WE TAKE ACTION.

SO HOW DO WE KNOW WHEN IT'S AN ACTION ITEM? AND, AND I THINK THAT WAS JUST, UH, SITS TYPICALLY WHEN WE TAKE ACTION.

THIS ONES PROBABLY JUST, MAYBE JUST AND I THAT'S ON, THAT'S ON ME GUYS.

I WASN'T AWARE WHETHER THIS HEAD WASN'T GOING TO BE A DISCUSSION ACTION ITEM OR WHATEVER, SO THAT IT SHOULD JUST HAVE BEEN DISCUSSION.

CONSIDER IT'S MY FAULT WE'VE BEEN VOTING WHETHER TO PURCHASE, YOU KNOW, LOOK AT PURCHASING

[00:45:01]

OR, OR APPROVING.

WELL, I'M NOT, YEAH, I'M NOT BLAMING YOU.

I THINK YOU GAVE US AN OPTION.

I WE HAD INFORMATION.

I JUST GONNA BE AN AUCTION.

YOU DON'T HAVE TO.

I I THINK DAVID IS BEING GRACIOUS.

UM, WITH THIS TRANSITION PERIOD WITH NICK LEAVING AND, AND ME KIND OF STEPPING IN ON THIS, IT WAS TRIAL BY FIRE.

SO THIS LITERALLY CAME UP, I THINK EARLY PART OF LAST WEEK WHERE I HAD TO GET INFORMATION TO DAVID SO WE COULD CALL THIS MEETING BECAUSE I WANTED TO MAKE SURE THAT YOU GUYS HAD IN INFORMATION ON THIS PRIOR TO THE COUNCIL MEETING NEXT WEEK.

SO IT, IT, THERE WAS A LOT OF THINGS THAT WERE MOVING VERY QUICKLY.

NO, I, I GET THAT.

I JUST, WHEN WHEN THERE'S AN ACTION ITEM THAT WE'RE GONNA TAKE, I LIKE TO HAVE ALL THE INFORMATION I NEED AHEAD OF THE MEETING TO BE ABLE TO APPROPRIATELY DISCUSS AND THEN TAKE ACTION.

SO, UH, THAT, THAT'S, SO THAT'S WHAT I LOOK FOR IS WHAT, WHAT ARE WE GONNA VOTE ON AND DO I HAVE EVERYTHING I NEED TO VOTE ON? SO YEAH.

THANKS.

NO, NO BIG DEAL.

WHAT YOU HEY, YOU NEED TO DO BETTER NEXT TIME THOUGH.

HEY, HEY.

HEY DAVID, WHAT DO YOU, WHAT DO YOU EXPECT FROM, FROM AN OLD BALL, FROM MINERAL WELLS? WELL, DAVID KNOWS HE'S THE HIRED HELP.

HE'S GOTTA TAKE THE BLAME.

HE'S, HE'S, HE'S TAKING CARE OF YOU.

THAT'S RIGHT.

WELL, DAVID KNOW, DAVID KNOWS I WAS BORN IN MINERAL WELLS TOO.

SO JERRY WAS BORN AT NAZARETH HOSPITAL.

SAME PLACE I WAS BORN.

HOW ABOUT THAT? HOW ABOUT THAT? UH, OKAY.

SO ANY, UH, ANY FURTHER COMMENTS OR QUESTIONS ABOUT ITEM THREE A, UH, EXCUSE ME, THREE B.

ALRIGHT, SO WE'LL BE LOOKING TO, UH, IF YOU'VE GOT, IF CAN'T EVEN GET THAT WORD OUT PRE PRELIMINARY, PRELIMINARILY GOT GEORGE LEO'S KIND OF OKAY ON IT.

I THINK THAT'S, THAT'S A GOOD STEP IN THE RIGHT DIRECTION.

OR AT LEAST SOMEWHAT OF THEIR, THEIR ACCEPTANCE.

THEY'RE OKAY TO, TO DISCUSS IT, I SHOULD SAY THAT WE'VE NOT TALKED PRICE.

YEAH, THAT'S WHAT I'M SAYING.

THEY'RE JUST ACCEPTANCE TO DISCUSS IT, SO YEAH.

WILL WE BE UPDATED LIKE THROUGHOUT THE PROGRESS ALONG THE WAY WITH THE PROPERTY OWNERS OR HOW, HOW DOES THAT COME OUT? IS IT JUST THE NEXT MEETING OR? I, I, I MEAN, I, I IT'S, IF YOU GUYS REQUEST SOME UPDATES, I WILL TRY TO PROVIDE THEM AS MUCH AS POSSIBLE.

I KNOW THAT A LOT OF TIMES WHEN WE'RE WORKING WITH EHRA, UM, OR ANY ENGINEERING FIRM, THEY TEND TO GIVE PROGRESS REPORTS AT, YOU KNOW, LIKE THE 50% MARK OF DOING THE PROJECT BECAUSE SOMETIMES THEY DON'T WANNA RELEASE INFORMATION TOO EARLY.

UM, I'LL GIVE YOU A FOR EXAMPLE, WHAT WE HAVE ROUTED RIGHT NOW OF LONE STAR CUTTING ACROSS THE PROPERTY TAKES INTO CONSIDERATION THAT WE ARE GOING TO RELOCATE CALIBER COLLISION.

THE, YEAH, THAT CAME UP BEFORE.

SO THE, THE OWNERS, THE AUTOMOTIVE GROUP THAT OWNS THAT CALIBER COLLISION AND LEASES IT TO THEM IS NOT OPPOSED.

BUT WE NEED TO FIGURE OUT WHAT IT'S GOING TO COST TO DO THAT.

THAT'S PART OF THE INFORMATION THAT EHRA IS GONNA HAVE TO FIND OUT FROM THEM ON, DO WE MOVE YOU ACROSS THE STREET? DO WE BUY YOU OUT, ET CETERA, ET CETERA.

SO I CAN'T, YOU KNOW, THAT THAT'S WHEN THEY GET THAT INFORMATION AND THEY CAN SHARE IT WITH, OR WHEN HE COULD SHARE IT WITH ME.

I CAN SHARE IT WITH YOU GUYS, FOR EXAMPLE AS WE MOVE FORWARD.

[4. REPORTS a. Receive updates from the Executive Director and TIRZ Consultant.]

ON TO FOUR A.

RECEIVE UPDATES FROM DETECTIVE, DIRECTOR AND ANY CONSULTANT MAYBE PRESENT.

SO IF THERE'S ANYTHING YOU'VE GOT, UH, FROM OTHER THAN THAT'S EVERYTHING WE HAVE IN THE AGENDA DOES WHAT WE HAVE RIGHT NOW.

UM, THERE WILL BE, WE'LL PROBABLY HAVE SOME OTHER OPPORTUNITIES TO HAVE DISCUSSIONS ABOUT, UH, UH, OTHER TOURS, OPPORTUNITIES IN THE FUTURE, BUT NOTHING THAT IS IN A POSITION TO BE DISCUSSED.

AT THIS POINT POPPING UP RIGHT NOW.

IT'LL BE INTERESTING TO KIND OF SEE MOVING FORWARD WHAT, UH, LENNAR PROPOSES TO COUNCIL AND SURE.

THERE'LL BE MORE THINGS COMING AFTER THAT.

SO, YEAH.

JIM, DO YOU HAVE ANY? UH, NO SIR.

JUST WANTED TO BE HERE FOR THE DISCUSSION ON THE TERMS, SO I HAVE NOTHING ELSE TO SAY.

SEEING AS WE HAVE NO FURTHER ACTION ITEMS HERE, A MOTION TO ADJOURN? WE ADJOURN.

A MOTION SECOND.

GOT A SECOND FROM OSCAR.

ALL THOSE IN FAVOR SAY AYE.

AYE.