Aug 06, 2020 Municipal Development Committee

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[ BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT NOTICE OF MEETING BAYTOWN MUNICIPAL DEVELOPMENT DISTRICT REGULAR MEETING THURSDAY, AUGUST 6, 2020 4:30 P.M. COUNCIL CHAMBER, CITY HALL 2401 MARKET STREET, BAYTOWN, TEXAS 77520 Due to the COVID 19 Disaster and the CDC's recommendation regarding social distancing measures, the public may not be allowed to be physically present at this meeting, as there is a limited amount of space when maintaining the required 6-feet separation from others. For those members of the public that cannot or do not wish to be physically present at the meeting, they will be able to participate through two-way communications. For video conferencing, use the following website www.zoom.com, click on "join a meeting" on the top right hand corner, and input the following Meeting ID: 842 2917 7149. For telephone conferencing please use the following toll-free number: 1-888-788-0099, Meeting ID: 842 2917 7149. Any person, who is participating through video/teleconferencing and is interested in speaking on any item on the agenda, must submit his/her request via email to the Assistant Secretary at cityclerk@baytown.org. The request must include the speaker's name, address, and phone number that will be used if teleconferencing as well as the agenda item number. The request must be received prior to the posted time of the meeting. The agenda packet is accessible to the public in both HTML and PDF formats at the following link: https://www.baytown.org/city-hall/city-clerk/agendas-minutes. After the meeting, a video recording of this meeting will be made available to the public at https://www.baytown.org/city-hall/city-clerk/agendas-minutes. For more information or questions concerning the teleconference, please contact the Office of the City Clerk at 281-420-6504. AGENDA CALL TO ORDER AND ANNOUNCEMENT OF QUORUM ]

THE ORDER OF THE BAYTOWN MDD IS THURSDAY, AUGUST 6TH AND 4:34 PM WE ARE IN CITY HALL COUNCIL CHAMBERS.

WE DO HAVE A QUORUM.

WE WILL, UH, SEEK APPROVAL OF THE MINUTES.

UM, TAKE ITEMS ONE A

[1. MINUTES]

UH, ENTERTAIN A MOTION.

SECOND A MOTION SECOND.

ANY QUESTIONS, COMMENTS FOR ABSTENTIONS? ALL THOSE? ALL THOSE IN FAVOR OF THE ITEMS PRESENTED, PLEASE SAY AYE.

A AYE.

ALL OPPOSED? ALRIGHT.

NUMBER TWO, PRO PROPOSED

[2. PROPOSED RESOLUTIONS]

CONSIDER RESOLUTION APPROVING THE BAYTOWN MDD INVESTMENT POLICY AND STRATEGY STATEMENT IN ACCORDANCE WITH THE PUBLIC FUNDS INVESTMENT ACT.

SECTION 2 2 5 6 0 5 FOR THE ADDITION OF AN INVESTMENT OFFICER AND THE ADDITION OF A DELETION OF BROKER DEALER.

THANK YOU, MR. PRESIDENT.

THIS MERELY ADDS ME AS AN AUTHORIZED OFFICER AND ADDS AN ADDITIONAL BROKER TO THE LIST.

OKAY.

UH, TO ENTERTAIN A MOTION FOR APPROVAL, MOTION APPROVED TWO, A MOVE, MOTION A SECOND AND A THIRD.

AND SO ALL THOSE IN FAVOR OF THE ITEM, OR ANY QUESTIONS OR COMMENTS? ALL THOSE IN FAVOR OF THE ITEM PRESENTED, PLEASE SAY AYE.

AYE.

AYE.

ALL THOSE OPPOSED.

ITEM THREE A REPORTS.

[a. Receive the Baytown Municipal Development District’s Quarterly Financial and Investment Reports for the Quarter Ending June 30, 2020.]

YES, SIR.

THANKS, MR. PRESIDENT.

UH, VERY LITTLE TO ADD TO THE REPORT.

AS YOU CAN SEE, SALES TAX REMAINS ROBUST, INCREDIBLY IN THE MIDST OF THE, UH, THE CARNAGE BEING WR ON THE ECONOMY FROM THE, UH, CORONAVIRUS.

UH, WE ARE JUST ABOUT ON TARGET, UH, ON THE SPEND SIDE, WE ARE SIGNIFICANTLY DOWN, AND THAT IS BECAUSE, UH, A NUMBER OF PROJECTS HAVE BEEN PUSHED BACK BECAUSE OF THE, THE PANDEMIC.

MM-HMM .

BUT THE OVERALL, UH, THE FUND REMAINS HEALTHY AND THE UNSPENT MONIES WILL GO BACK INTO BALANCES FOR YEARS GOING FORWARD.

OKAY.

UM, AGAIN, WE WOULD CONSIDER THAT THE, UH, REPORT RECEIVED, AND I WOULD ASSUME THAT, UH, BOTH FINANCE AND, AND THE FINANCE DEPARTMENT, THE FINANCE COMMITTEE, IT, IT'S REASSURING TO KNOW THAT WE ARE ABLE TO GO AND STILL KIND OF SUSTAIN THE EXPECTATIONS.

SO THAT, THAT'S CERTAINLY GOOD USE.

ITEM THREE

[b. Receive the Economic Development Foundation's Third Quarter Report.]

I'M NOT SURE WE HAVE MR. SIMON AVAILABLE, OR MR. SHIELDS.

MAYBE THEY'RE TIRED FROM A PRESENTATION TODAY.

I DON'T KNOW.

IT, IT COULD BE, BUT MIKE WASN'T THERE.

BJ WAS THERE.

HE, HE'S ON ZOOM.

OH, THAT'S WHO'S ON ZOOM? OKAY.

THERE YOU ARE.

THERE YOU'RE, HELLO.

YES, SIR.

HELLO.

UH, GOOD EVENING, PRESIDENT MEMBERS.

UM, WHAT YOU ITEM ME UP FOR YOU IS A QUARTERLY REPORT, THIRD QUARTER REPORT FOR PERIOD COVERING, UH, APRIL ONE THROUGH JUNE 30TH, 2020.

UM, AS NOTED, AND WE'LL ZIP THROUGH THIS RATHER QUICKLY, UH, PROJECT RESPONSES CONTINUE TO BE ROBUST.

UM, UH, COVID NOTWITHSTANDING, UM, PETROCHEMICALS CONTINUES TO BE AN AREA OF FOCUS AS NOTED, UH, BY THE PROJECTS THAT ARE NOTED THERE, AS WELL AS, UH, LOGISTICS AND DISTRIBUTION.

UH, WE CONTINUE TO SUPPORT, UH, RETAIL DEVELOPMENT, PARTICULARLY THE EFFORTS, UH, IN TRANSITION TO BRETT CARDELLA AND HIS, UH, INTERFACE WITH, UH, RETAIL PROSPECTS IN THE MARKET.

UH, GOING ON THE PAGE TWO, UH, ARE INCUBATED WITHOUT WALLS.

UH, JUST TO NOTE, THE FRONTON ENTREPRENEUR CENTER, AND OBVIOUSLY, UH, THAT WHOLE CONCEPT HAS BEEN STUNNED BECAUSE OF COVID, BUT WE HAVE PRESENTED AND CONTINUE TO PRESENT THAT ASSET IN RESPONSES TO REQUEST FOR INFORMATION AS AN AUXILIARY OR ANCILLARY OR COMPLIMENTARY ASSET FOR A TRAINING AND DEVELOPMENT AND, UM, OTHER AREAS.

AND SO RIGHT NOW, YOU KNOW, THAT, UH, FACILITY HAS BEEN INCLUDED IN THREE, UH, RESPONSES TO REQUEST FOR INFORMATION FOR PROPOSALS.

SO WE'LL KEEP YOU POSTED AS TO HOW THAT CONTINUES TO MOVE FORWARD.

OTHER EFFORTS THAT ARE NOTED THERE, WE CONTINUE TO PROVIDE REFERRALS THROUGH OUR ENTREPRENEUR DEVELOPMENT INITIATIVE IS NOTED THERE.

AND SUPPORT FROM THE SBA UNDER BRE AND REDEVELOPMENT.

UH, WE'VE HAD CONTINUE TO HAVE A NUMBER OF CONTACTS.

YOU'LL NOTICE IN THAT THIRD BULLET, UH, A LOT OF FOLKS THAT YOU CAN RECOGNIZE ARE STILL ACTIVE IN THE MARKET.

THEY'RE MOVING FORWARD WITH PROJECTS.

UH, EITHER, UH, IN DUE DILIGENCE ARE ACTUALLY GOING VERTICAL.

UH, EXCUSE ME, GOING TO PAGE THREE UNDER PUBLIC POLICY.

WE CONTINUE OUR EFFORTS AS NOTED FOR ITEMS ONE, TWO, AND THREE.

UH, YOU'LL KNOW THAT THE, UH, CEDAR VALUE NAVIGATION DISTRICT OBVIOUSLY ACQUIRED FUNDING AND, UH, IS CONTINUING TO MOVE FORWARD WITH THAT PROJECT.

UH, THEY'VE ACQUIRED SOME OR REACHED A, AN AGREEMENT WITH, UH, CEDAR PORT INDUSTRIAL PARK, FOREST FALLS SITE.

AND, AND SO, UH, THE, UM, PACE OF THAT PROJECT'S GONNA ACCELERATE HERE IN THE NEXT YEAR OR SO.

UM, UNDER COLLABORATION FOR WORK WORKFORCE DEVELOPMENT AND ALLIES, WE CONTINUE OUR SUPPORT WITH LEE COLLEGE AND THE GOOSE CREEK SCHOOL DISTRICT.

AS NOTED.

UM, WE CONTINUE TO FACILITATE TAX ABATEMENT INCENTIVE PROGRAMS FOR THE PROSPECTS THAT ARE NOTED IN THOSE AREAS.

THERE ON PAGE, UH, FOUR, UM, CONDUCT EDUCATIONAL SEMINARS.

UM,

[00:05:01]

UM, WE CONTINUE TO SUPPORT THE CREATION AND EXPANSION OF, UH, FOREIGN TRADE ZONES, BOTH FTZ 1 71 AND FTZ 84.

WE'RE WORKING WITH, UH, THREE PROSPECTS RIGHT NOW IN THE CHAMBERS COUNTY THAT ARE GONNA BE ESTABLISHING FOREIGN TRADE ZONES IN WEST CHAMBERS COUNTY.

UH, WE CONTINUE TO PROVIDE ECONOMIC DATA IS NOTED IN THAT CATEGORY.

AND, UH, MOVING ON TO PAGE SIX, WE COORDINATE ROUTINELY AS WE DO WITH OUR REGIONAL ALLIES AND COLLABORATE WITH, UH, SITE ELECTION CONSULTANTS AND SUPPORT OF OUR OPPORTUNITIES ON A NEW MARKET TAX CREDIT.

UH, STRATEGIES, UH, CONTINUE TO PROMOTE SERVICE AREA, UH, IN THE SERVICE AREA FOR CONVENTIONS AND ATTRACTIONS, AND OUR SUPPORT FOR THE, UH, BRING THE BELL SHIP TO BAYTOWN INITIATIVE AND THE, UH, BAY AND ISLAND HOTEL AND CONFERENCE CENTER.

AND THEN LASTLY, WE CONTINUE TO ROUTINELY INTERACT WITH THE, UH, OFFICE OF THE GOVERNOR, UH, RELATED TO THE ECONOMIC DEVELOPMENT.

WE GLAD TO ENTERTAIN AND ADDRESS ANY QUESTIONS YOU MAY HAVE.

ALRIGHT, THANK YOU BJ.

IS THERE ANY QUESTIONS FOR MR. SIMON? OKAY.

ALRIGHT.

WELL, I APPRECIATE THE REPORT WE CAN CONSIDER RECEIVED AND, UH, WE'LL MOVE ON TO ITEM FOUR, A MANAGE

[4. MANAGER'S REPORT]

YEAH.

FIRST OF ALL, APPRECIATION OF EJ UH, PUTTING TOGETHER A FINE PRESENTATION FOR THE, UH, BATTLESHIP, UH, FOUNDATION.

UH, BUT THAT'S WHERE WE SPENT OUR AFTERNOON TODAY.

UH, I THINK IT WAS VERY WELL RECEIVED.

UH, THERE'S STILL A LOT OF, UM, I THINK QUESTIONS THAT NEED TO BE, UH, ANSWERED AS WE PROGRESS, BUT I THINK THESE ARE THINGS THAT WE CAN WORK OUT AS WE GO.

UH, THEY CONTINUOUSLY COMPLIMENTED THE QUALITY OF THE PRESENTATION, THE THOROUGHNESS OF IT, THE DETAIL THAT WE PROVIDED.

SO IT WAS A VERY POSITIVE, UM, EXPERIENCE.

I THINK.

UM, THEY WOULD LIKE TO, UM, VISIT BAYTOWN, PARTICULARLY, OF COURSE, THE, THE, THE ISLAND.

UM, SCOTT JOHNSON HAS HANDED OUT A CARD THAT, UH, ALLOWS YOU TO PARTICIPATE IN THE, IF YOU USE THIS QR CODE, THAT'LL TAKE YOU TO A SURVEY TO PARTICIPATE IN THE PARK TRAILS RECREATION AND OPEN SPACE MASTER PLANNING SURVEY.

SO JUST ENCOURAGE YOU TO PARTICIPATE AND I'M SURE THESE WILL BE PROMULGATED, UH, DISTRIBUTED THROUGHOUT THE COMMUNITY.

AND WITH THAT, MAYOR, I HAVE NO OTHER, UH, ITEMS FOR YOU TODAY.

ALRIGHT, THANK YOU.

SO AS MEETINGS NOW ADJOURN, NOW THAT WE'VE ADDRESSED ALL POSTED AGENDA ITEMS. THANK YOU COUNCILMAN JOHNSON FOR JOINING US HERE.

CERTAINLY CONTRIBUTED TO THE EFFORT.

ALRIGHT.