* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.
          SIR. 
          [00:00:01]
SO ON 
          [ BAYTOWN HOSPITALITY PUBLIC FACILITIES CORPORATION 			 NOTICE OF MEETING 		 		 		 		 		 		 		 		 			 			  			BAYTOWN HOSPITALITY PUBLIC FACILITIES CORPORATION 			REGULAR MEETING  			THURSDAY, SEPTEMBER 3, 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: 839 1093 6472.  For telephone conferencing please use the following toll-free number: 1-888-788-0099, Meeting ID: 839 1093 6472.  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 			 		 	  ]
NOW CALL TO ORDER THE BAYTOWN HOSPITALITY PUBLIC FACILITIES CORPORATION REGULAR MEETING. 
          IT'S THURSDAY, SEPTEMBER 3RD. 
          IT IS 4 34. 
          WE ARE IN COUNCIL CHAMBERS. 
          WE DO HAVE A QUORUM. 
          SO 
          [1. MINUTES]
WE HAVE ITEM ONE A, CONSIDER APPROVAL. 
          I'M, I'M ASSUMING WE CAN PROBABLY MAYBE TAKE ITEMS ONE A AND B TOGETHER. 
          I'M LOOKING AT, I DON'T KNOW. 
          YOU THINK WE'RE OKAY? GOOD. 
          YES. 
          ITEM ONE, A AND B CAN BE CONSIDERED TOGETHER. 
          I WOULD ENTERTAIN A MOTION FOR THOSE MINUTES. 
          MOVE, APPROVE. 
          SECOND, WE HAVE A MOTION TO SECOND ANY QUESTIONS OR COMMENTS OR ABSTENTIONS? IF, IF NOT ALL THOSE IN FAVOR SAY AYE. 
          AYE. 
          AYE. 
          ALL THOSE OPPOSED SAY NAY. 
          WE HAVE ITEM TWO A 
          [2. PROPOSED RESOLUTIONS]
CONSIDER RESOLUTION AUTHORIZING THE TECHNICAL SERVICE AGREEMENT FOR THE HOTEL AT BAYLEN ISLAND. 
          AND I'M ASSUMING WE ARE, WE WILL HEAR FROM EITHER RICK OR OUR ATTORNEY. 
          WELL, I'M GONNA, I'M GONNA SAY ONE THING BEFORE WE, WE STARTED WITH THIS . 
          THIS IS A, THIS IS A VERY, VERY IMPORTANT STEP. 
          THIS IS SOMETHING WE'VE LOOKED FORWARD TO DOING FOR, I CAN LITERALLY SAY YEARS. 
          UH, THIS IS TRUE. 
          IT'S A VERY IMPORTANT FOUNDATIONAL AGREEMENT TO MOVING FORWARD AND IN A GREAT SIGNAL TO OUR CITIZENS THAT, UH, THIS PROJECT IS GOING TO BECOME A REALITY. 
          AND SO WITH THAT, I'LL, I'LL, UH, HAND IT OVER TO KAREN. 
          NICK, I THINK YOU RECEIVED A, UH, A, A VERY CLEAR SUMMARY OF WHAT'S IN THE AGREEMENT AND, UH, HAND IT OVER TO KAREN. 
          OKAY. 
          SO LAST NIGHT WE SENT YOU A COPY OF THE AGREEMENT, THE LATEST COPY THAT WE HAD, AND ALSO A SUMMARY DONE BY DAVID DAWSON. 
          AND DAVID IS ON THE PHONE FOR US, AND ABLE TO, UH, SUMMARIZE ALL THE HAPPENINGS THAT HAVE GONE ON EVEN SINCE, SINCE YESTERDAY. 
          YOU DO HAVE A RED LINE OF A FEW ADDITIONAL CHANGES THAT WE MADE AT THE DIOCESE TODAY. 
          SURE. 
          UH, THIS IS DAVID. 
          CAN EVERYONE HEAR ME? YES. 
          OKAY, GREAT. 
          IT WAS A PLEASURE TO BE BEFORE YOU, UH, AGAIN. 
          SO, UH, ALL OF YOU SHOULD HAVE RECEIVED THE, THE BRIEF SUMMARY THAT, THAT I PREPARED. 
          BUT JUST TO QUICKLY GO THROUGH IT, UH, THE TECHNICAL SERVICES AGREEMENT IS ONE OF TWO AGREEMENTS, UH, THAT, UH, THE BAYTOWN ENTITIES WILL BE ENTERING INTO WITH HYATT. 
          UH, WE CAN NOW PUBLICLY DISPOSE THAT, UH, HYATT, UH, IS THE BRAND THAT WE HAVE BEEN NEGOTIATING WITH. 
          UH, THE, UH, THE FIRST OF THE TWO AGREEMENTS IS WHAT'S CALLED A TECHNICAL SERVICES AGREEMENT. 
          UH, IT IS A DOCUMENT THROUGH WHICH HYATT AND THE BAYTOWN ENTITIES PARTNER TOGETHER TO MAKE SURE THAT ALL OF THE DESIGN AND THEN THE CONSTRUCTION OF THE HOTEL ITSELF COMPLIES WITH ALL OF THE TECHNICAL REQUIREMENTS AND BRAND REQUIREMENTS, UH, UH, UH, THAT, THAT HYATT, UH, UH, WILL, UH, REQUIRE, UH, FOR THE HOTEL. 
          UH, SO, UH, THE PARTIES HAVE, UH, BEEN, UM, COORDINATING FOR A GOOD PERIOD OF TIME, UH, ON THIS DOCUMENT, BUT IT IS NOW TIME TO FORMALIZE THAT AGREEMENT. 
          UH, IN JUST RUNNING THROUGH THE PRINCIPLE TERMS, UH, IT'S A $250,000 AGREEMENT. 
          UH, 150 OF THAT WILL BE PAID, UH, BEFORE THE BONDS, UH, ARE, ARE ISSUED. 
          UH, UH, WELL, ACTUALLY A HUNDRED THOUSAND WOULD BE PAID BEFORE THE BONDS ARE ISSUED, 50 NOW, UH, 50 IN THREE MONTHS. 
          AND THEN ONCE THE BONDS ARE ISSUED, UH, THE REMAINING 150 WOULD BE PAID A HUNDRED, UH, AT THE TIME OF THE BOND ISSUANCE. 
          AND THEN 50,000, UH, THREE MONTHS AFTER THAT. 
          UH, THE AGREEMENT WILL RUN, UH, FROM, UH, TODAY, UH, THROUGH THE OPENING DATE OF THE HOTEL, UH, WHICH WE'RE ASSUMING BASED ON A APRIL, 2021 START DATE. 
          UH, THAT WOULD BE OCTOBER OF 2020. 
          UH, SO UNDER THE AGREEMENT, UH, UH, REALLY WHAT THE, THE BAYTOWN ENTITIES ARE REQUIRED TO DO, UH, ARE REALLY COORDINATE AND PROVIDE ACCESS TO OUR CONSULTANTS, UH, UH, FOR, FOR, UH, FOR HYATT TO, TO WORK THROUGH ALL OF THE TECHNICAL SPECIFICATIONS. 
          UH, AND THAT, AGAIN, IS UNDERWAY. 
          THE OTHER THING THAT BAYTOWN WILL BE DOING IS CONSTRUCTING, UH, A SERIES OF MODEL ROOMS, BOTH A QUEEN ROOM AND A KING ROOM. 
          UH, IN ALL THAT, OF COURSE, IS UNDERWAY, AND I THINK THEY'RE ACTUALLY GONNA BE MOVING THOSE INTO A, UH, AN ENCLOSED ENVIRONMENT, UH, SO THAT I CAN EXPECT 'EM, UH, AND MAKE SURE THAT, THAT THOSE ROOMS MEET ALL OF THE BRAND STANDARDS. 
          UH, SO FAIRLY STRAIGHTFORWARD AGREEMENT, UH, FAIRLY TYPICAL FOR THESE TRANSACTIONS. 
          UH, UH, THERE'S ONE WRINKLE HERE BECAUSE NORMALLY, UH, UH, WE TRY TO ENTER INTO THESE, UH, AT, AT THE TIME THAT THE BONDS ARE ISSUED. 
          BUT DUE TO THE, THE DELAY RELATED TO COVID, UH, YOU KNOW, AND THE DESIRE TO KEEP THIS MOVING ALONG, WE'RE ENTERING INTO THIS AGREEMENT NOW AS OPPOSED TO, UH, THE, THE, THE CLOSING, UH, JUST SO WE CAN TAKE ADVANTAGE OF THIS TIME THAT WE HAVE, UH, AS A RESULT, UH, UH, 
          [00:05:01]
ONE OF THE THINGS HYATT HAS, UH, ASKED FOR IS AN IDENTIFICATION, UH, FOR THEIR GROSS NEGLIGENCE, A WEALTH MISCONDUCT. 
          THAT'S A FAIRLY TYPICAL INDEMNIFICATION THAT ENTITIES GIVE, UH, UNDER TEXAS LAW, UH, UNDER THE STATE CONSTITUTION. 
          GOVERNMENTAL ENTITIES, UH, LIKE BAYTOWN, UH, CANNOT INDEMNIFY PRIVATE PARTIES, EXCEPT IF YOU HAVE A DESIGNATED FUND OR, UH, OR A PARTICULAR AMOUNT, UH, HAVE AN OPEN ENDED INDEMNITY. 
          SO, UH, WE, UH, AGREED WITH, WITH, WITH HYATT TO PROVIDE A A HUNDRED THOUSAND DOLLARS FUND. 
          AND THAT IN THE EVENT THAT THERE WAS, UH, AN IDENTIFICATION REQUIRED BY BAYTOWN OF, UH, OF HYATT, UH, WHICH IS, UH, EXTREMELY UNLIKELY, BUT, UH, WE WOULD MEET THE REQUIREMENTS OF THE CONSTITUTION TO, TO HAVE THAT IF THERE IS NO INDEMNITY, UH, REQUIRED AT THE TIME, THE, UM, UH, THE, THE BONDS ARE ISSUED THAT A HUNDRED THOUSAND GOES BACK, UH, TO, TO, TO BAYTOWN AND IS RELEASED. 
          UM, SO THAT'S THE, UH, THAT'S THE AGREEMENT. 
          UH, BUT THERE ARE A COUPLE OF CHANGES THAT WERE REQUESTED TODAY THAT WE WORK THROUGH. 
          UH, I DON'T KNOW IF THEY'RE EVEN LARGE ENOUGH TO MENTION, UH, WE, WE'VE CLARIFIED THAT ANY INTEREST, UH, THAT WOULD, UH, BE DUE TO THE, DUE TO FAILURE TO PAY THE, THE FEES IN A TIMELY MANNER WOULD EARN INTEREST THAT THE MAXIMUM RATE THAT THE GOVERNMENT CODE, UH, WE'VE CLARIFIED SOME OF THE LANGUAGE, AS YOU'LL SEE, UH, IN, UH, IN THE DOCUMENT, UH, TO, TO REALLY CLARIFY THAT THE, THE A HUNDRED THOUSAND DOLLARS AMOUNT WOULD, UH, UH, THE INDEMNITY FUND WOULD BE IN PLACE THROUGH THE DATE OF CLOSING. 
          UM, AND THEN WE MAKE SOME OTHER REFERENCES TO APPLICABLE LAW, UH, WHERE, UM, YOU KNOW, HYATT WANTED TO MAKE SURE THAT, UH, CERTAIN ACTIONS UNDER THE DOCUMENT WERE CONFIDENTIAL AND WE'RE HAPPY TO DO THAT. 
          UH, BUT AS WITH ALL GOVERNMENTAL ENTITIES, WE'RE SUBJECT TO THE, UH, OPEN RECORDS ACT AND TEXAS PUBLIC INFORMATION ACT. 
          AND, UH, AND, AND, AND SO WE'VE MADE SOME REFERENCES THERE. 
          SO, UM, MINISTERIAL CHANGES, UH, SHOULDN'T RAISE ANY ISSUES. 
          SO THAT COMPLETES MY SUMMARY. 
          I'M, UM, HAPPY TO TAKE ANY QUESTIONS, UH, IF YOU HAVE THEM, CHRISTIANS, YOU GOT IT. 
          I, I'VE HAD ONE. 
          OKAY, GO AHEAD, DIRECTOR HOSKINS. 
          UH, I HAVE ONE QUESTION ON, UH, PAGE 13, ITEM NUMBER 10.0, TRADE NAMES PROPERTY RIGHTS 10.1, AND IT SAYS THAT WE'RE GOING TO, UH, THIS HOTEL WILL BE KNOWN AS HYATT REGENCY BAYTOWN DASH HOUSTON. 
          WHY DO WE HAVE TO HAVE THE HOUSTON TAGGED ONTO THE END OF IT? WE HAVE NOTHING TO DO WITH HOUSTON, SO WHY DO WE HAVE TO HAVE THE HOUSTON NAME? UH, WE DON'T HAVE TO DO THAT. 
          THAT'S WHAT, UH, BAYTOWN WANTED TO ADD, BUT WE CAN CERTAINLY TALK TO THEM ABOUT, WE, WE ABSOLUTELY WANT A COUNCIL, OUR MDD BOARD. 
          AND THE REASON BEING THAT IS HOW THIS FACILITY'S GONNA BE MARKETED, UH, BAY, UH, HOUSTON IS, UH, A VERY IMPORTANT WORLD DESTINATION FOR US. 
          AND WHEN PEOPLE STAY IN BAYTOWN TO PEOPLE COMING FROM CHINA OR EUROPE OR MASSACHUSETTS, IT DOESN'T MATTER WHERE THEY'RE COMING FROM, THEY'RE COMING TO HOUSTON, UH, TO STAY. 
          IT HELPS IDENTIFY, HELPS US CO-BRAND WITH THE GREATER HOUSTON AREA. 
          MORE IMPORTANTLY, DO WE HAVE THE NAME BAYTOWN IN THERE SOMEWHERE? AND NOT JUST THAT, WE CERTAINLY DIDN'T WANNA DO JUST, UH, HYATT REGENCY HOUSTON EAST OR SOMETHING LIKE THAT, BUT WE WANTED BAYTOWN TO BE FRONT AND CENTER IN THAT NAME, BUT WE ALSO WANTED SOME TIE IN IDENTITY TO THE GREATER HOUSTON AREA, WHICH IS GOING TO HELP US MARKET THIS FACILITY TO THE WORLD. 
          IT WOULD REALLY BE FOR THE WORLD. 
          I DISAGREE WITH THAT. 
          THE COMPANY I WORK FOR HAS PEOPLE COMING IN ALL OVER THE WORLD, AND THEY FIND BAYTOWN AND THEY FIND WHERE ONE OF OUR OTHER LOCATIONS IS. 
          WE, WE HAVE A RACE PARK OUT HERE THAT WAS IDENTIFIED AS HOUSTON RACEWAY PARK, AND IT SHOULDN'T HAVE BEEN, SHOULDN'T HAVE HAD THAT DESIGNATION. 
          THIS IS BAYTOWN. 
          UM, I DON'T CARE TO HAVE THE HOUSTON NAME ON THERE. 
          I DON'T KNOW ABOUT THE REST OF Y'ALL. 
          IT'S UP TO US. 
          NOBODY ELSE. 
          YEP, THAT'S RIGHT. 
          WE CAN, WE CAN NEGOTIATE THAT. 
          AND IT SAYS AFTER THERE, EXCEPT AS MAY OTHERWISE BE MUTUALLY AGREED BY THE BAYTOWN PARTIES AND HYATT. 
          SO MY RECOMMENDATION IS TO TRACK THAT THE HOUSTON PORTION OUT OF IT. 
          I I, I'M NOT TOO KEEN ON THAT. 
          OKAY. 
          I UNDER UNDERSTAND THE MARKETING BEHIND IT, BUT WHETHER YOU MARKET IT WITH JUST BAYTOWN OR BAYTOWN SLASH HOUSTON, I'LL ONLY EXPLAIN THE RATIONALE. 
          IT'S, IT'S YOUR PROJECT. 
          I, GO AHEAD, MAYOR. 
          I WOULD, UH, WHO'S BRANDON GO? HE'S, HE'S GONE. 
          CHRIS IS IN CHARGE. 
          YOU GET THE B TEAM HERE, BUBBA. 
          GO AHEAD. 
          DIRECTOR HIMSELF. 
          , MY, YOU KNOW, I ACTUALLY HAVE, I JUST REMEMBER I GOT A DEGREE IN MARKETING, BUT I KNOW NOTHING ABOUT 
          [00:10:01]
HOW THEY TIE THAT TOGETHER, BUT I WOULD DEFER TO THE EXPERTS ON THAT. 
          YOU KNOW, I MEAN, ONE THING IT DOES, IF IT SAYS BAYTOWN HOUSTON, NO MATTER WHO READS IT, NO MATTER WHERE THEY'RE AT, THEY GOT A PROXIMITY LIKE THAT. 
          'CAUSE EVERYBODY, EVERYONE KNOWS WHERE HOUSTON'S AT. 
          SO MY OPINION WOULD BE THAT I REALLY DON'T HAVE AN OPINION OTHER THAN I WOULD DEFER TO THE EXPERTS THAT IF IT'S, IF THERE IS A MARKETING ADVANTAGE AND THEY SAY THERE IS, THEN THAT'S WHAT I WOULD GO WITH. 
          IF THEY SAY THERE'S NOT, THEN I WOULD AGREE WITH BOB, BUT I'M NOT GONNA PLAY A MARKETING EXPERT. 
          KE KEEP IN MIND THAT NOTHING IN THIS AGREEMENT NECESSARILY TRANSLATES, UH, AS FAR AS I KNOW GUYS TO SIGNAGE OR, UH, ANYTHING LIKE THAT, AS FAR AS I KNOW IS STILL GONNA SAY BAYTOWN ON THE, THE SIGN GOING INTO THE FACILITY. 
          BUT, UM, BUT, UH, I WILL, I WOULD SUBMIT TO YOU THAT IT'S ADVANTAGEOUS TO TAKE ADVANTAGE OF OUR GEOGRAPHY. 
          ONE OF THE THINGS WHEN WE WERE MEETING WITH THE BATTLESHIP FOUNDATION THAT THEY WANTED TO KNOW AND THAT THEY WERE SKEPTICAL OF IS HOW CAN YOU, AND THEY, THEY KINDA LEFT THE CAT OUT OF THE BAG IN MY OPINION, BUT THEY SAID, HOW CAN YOU COMPETE WITH A GALVESTON? GALVESTON IS A, A TOURIST DESTINATION. 
          BAYTOWN ISS NOT A TOURIST DESTINATION. 
          AND I SAID IN THAT MEETING, OH, BUT HOUSTON IS, AND BAYTOWN SITS RIGHT TO THE EAST OF HOUSTON, ONE OF THE MOST VISITED AND VISIBLE CITIES IN THE WORLD. 
          AND SO THAT HAD THEM GO WELL, OKAY, QUESTION ANSWERED AT THAT POINT, WE NEED TO TAKE ADVANTAGE OF THAT. 
          I ONCE MANAGED A TOWN THAT, THAT WANTED TO SEPARATE THEMSELVES FROM SCOTTSDALE, YOU KNOW, SCOTTSDALE WORLD DESTINATION FOR RESORTS AND GOLFING AND, YOU KNOW, ALL KINDS OF THINGS LIKE THAT. 
          I, I THOUGHT IT WAS FOLLY THEN, AND I WOULD THINK THAT IT WOULD NOT BE WISE FOR US TO NECESSARILY COMPLETELY DIVORCE US FROM OUR PROXIMITY TO HOUSTON IN THIS REGARD. 
          SO IT JUMPED OUT AT ME ALSO WHEN I READ IT. 
          AND I, I DIDN'T LIKE IT AT FIRST EITHER, BUT WHEN, WHEN IT WAS EXPLAINED TO ME FROM A MARKETING PERSPECTIVE, I DO UNDERSTAND IT. 
          SO IF SOMEONE FROM OUT OF TOWN IS MORE LIKELY TO GOOGLE HYATT HOUSTON THAN HYATT BAYTOWN, AND WHEN YOU GOOGLE HYATT HOUSTON, IF THIS IS IN THE NAME HYATT BAYTOWN HOUSTON WOULD COME UP IN THEIR SEARCH. 
          AND SO THEY'RE MORE LIKELY TO STAY AT IT IF IT COMES UP IN THEIR SEARCH FOR HOTELS THAN IF IT DIDN'T. 
          SO I, I UNDERSTAND IT. 
          AND, UM, IT'S, FROM A MARKETING PERSPECTIVE, IT MAKES SENSE TO ME. 
          IF YOU LOOK AT MOST OF OUR NEWER HOTELS IN BAYTOWN, THEY ACTUALLY HAVE HOUSTON IN THE NAME. 
          SO IT'S, IT, IT IS MAINLY MORE OF A, OF A DIGITAL MARKETING TOOL. 
          YEAH. 
          AND THAT'S WHERE PEOPLE FIND HOTELS. 
          YEAH. 
          I GUESS THAT'S THE WAY LYNCHBURG FEELS. 
          YEAH. 
          . 
          WELL, BUT THE ABSENCE OF BAYTOWN WOULD'VE BEEN A MISTAKE. 
          WHAT IS IT? WELL, SURE. 
          THE ABSENCE OF THE NAME BAYTOWN YEAH. 
          WOULD'VE BEEN A MISTAKE. 
          OH, ABSOLUTELY. 
          YEAH. 
          THE INCLUSION OF HOUSTON I'M SUBMITTING IS STRATEGIC. 
          YEAH, YEAH. 
          YOU THINK THERE WOULD BE SOME POTENTIAL UPSIDE WITH THE INCLUSION OF THE WORD HOUSTON AND, AND REALLY, I DON'T KNOW OF ANY DOWNSIDE BY INCLUDING THE WORD HOUSTON, SO, WELL, IF Y'ALL FEEL COMFORTABLE WITH IT, I'M, I'M FINE WITH IT. 
          I JUST, I JUST LIKE, BAYTOWN BEING STANDALONE, THAT'S HYATT'S POSITION. 
          THEY PREFER THE WORD HOUSTON. 
          NO, I THINK, I THINK THIS HAS BEEN TOTALLY ON OUR SIDE AS WE DISCUSSED. 
          WE, UH, WE CONTEMPLATE THE TOURISM AND THE, AND THE BUSINESS ASPECTS OF MARKETING THIS PROPERTY FOR SUCCESS. 
          UH, WE'VE BEEN TOLD BY ENOUGH PEOPLE THAT THIS IS PROBABLY A VERY STRATEGIC THING TO DO FOR US. 
          I, I'M NOT SURE I, UNLESS COUNSEL CORRECTS ME THAT THIS WAS A STICKING POINT FOR HYATT. 
          OKAY, DIRECTOR. 
          WELL, WE NEED PEOPLE IN THEM ROOMS IS WHAT WE NEED NO MATTER WHAT. 
          DO YOU HAVE A, A QUESTION OR A COMMENT? DIRECTOR HERNANDEZ? ABSOLUTELY. 
          AS FAR AS LIKE HOUSTON HYATT, ARE WE GONNA BE CONNECTED TO LIKE A WEBSITE WHERE IT, WHEN YOU PUT IN HYATT BAYTOWN IS GONNA POP UP AS WELL, OR I, I WOULD THINK I, I DON'T KNOW WHAT'S, WE HAVEN'T EVEN YET, UH, HIRED AN ASSET MANAGER WHO WILL BE HIRING THE, THE STAFF, BUT BASED ON HISTORY, WHAT WE'VE OBSERVED, UH, BEFORE, YES, THE HYATT REGENCY WILL BE BROADLY PROMOTED AS A PREMIER HOTEL IN THE HOUSTON EAST AREA. 
          AND, AND CLEARLY I THINK THERE WILL BE A LOT OF CONNECTIVITY BETWEEN, UH, OUR FACILITY AND THE MARKETING AT THE OTHER HYATTS, UH, IN THE AREA. 
          I THINK THAT, YOU KNOW, HOUSTON PLAYS HOST TO SO MANY MAJOR EVENTS AND SO MANY MILLIONS OF PEOPLE EVERY YEAR. 
          AND I THINK HYATT'S GOING TO BRING EVERY RE UH, ASSET INTO PLAY IN TRYING TO ACCOMMODATE THAT TRAFFIC. 
          AND, UM, FOR MYSELF, I, I'M OKAY WITH HAVING THE HOUSTON DESIGNATION AND UM, I AGREE WITH THE MARKETING PERSPECTIVE AND, UM, WHEN IT COMES TO PULLING IT UP, I MEAN, EVERY HOTEL HAS A LOCATIONS SEARCH 
          [00:15:01]
ANYWAY, AND, UM, SO I'M OKAY WITH HAVING IT AS IS. 
          I'M NOT SURE WHAT I MISSED, BUT I KNOW IT'S ALL GOOD. 
          , I WILL SAY, UM, IF IT WASN'T A REPEAT, I, I REMEMBER TALKING WITH, UH, SOME OF THE STATE TOURISM FOLKS, UH, LAST YEAR WHEN WE WENT TO, TO THE DINNER, UH, IN AUSTIN. 
          AND, UM, I WAS SURPRISED. 
          I MEAN, REALLY, IF Y'ALL HAVEN'T, IF IT HASN'T BEEN EXPRESSED THAT THIS, THIS IS THE REASON WHY THE HOUSTON DESIGNATION IS EVEN KIND OF TAGGED TO THIS, UM, IS, IS BECAUSE IT REALLY IS OVERFLOW FROM A, FROM A, IN A SENSE, A BIGGER MARKET. 
          AND SO I KNOW THE RESEARCH I DID JUST WITH THE HYATT REGENCY, UH, TAGLINE, I THINK THERE'S ONLY THREE IN HOUSTON, OR THERE WILL BE THREE IN HOUSTON. 
          AND WE, WE, WE LIKE TO LOOK AT IT AS AN EXPANSION OF THE MARKET, NOT JUST RIGHT OVERFLOW, BECAUSE WE'RE NOT, WE'RE NOT GONNA BE A LAST, WE MAY IN FACT FILL UP QUICKER THAN SOME OF THE MORE INTERNAL RIGHT HOTELS. 
          IT IS NOT JUST OVERFLOW. 
          BUT I KNOW SPEAKING WITH, UH, THE, UH, THE HOUSTON TOURISM BUREAU OH YEAH. 
          OR VISITORS BUREAU, THEY, THEY EXPRESS THEY'RE EXCITED BECAUSE THEY DO HAVE OVERFLOW WHEN THEY HAVE, IF IT'S SUPER BOWL OR ANY OF THE LARGE EVENTS, THAT IT IS GOOD TO HAVE THIS, THIS, UH, LEVEL OF AMENITY FROM A HOTEL, UH, THAT THEY THEN KNOW, THEY KNOW THAT THE MARKET IS NEEDED AND, UH, THAT'S WHAT THEY EXPRESS. 
          WE ARE SO LUCKY TO HAVE A MAJOR METROPOLITAN PLAYER LIKE, LIKE HOUSTON LOCATED SO CLOSE TO US, SO WE COULD TAKE ADVANTAGE OF THAT GLOBAL NAME RECOGNITION. 
          HOW DOES THAT'S MONEY? I THINK WHEN I LOOKED IT UP, BESIDES THE, THE FEW THAT ARE IN THAT, IN THAT ARE IN THE HOUSTON AREA AND IN TEXAS, I THINK THERE'S ONLY LIKE 150 WORLDWIDE. 
          SO, SO, YOU KNOW, THIS BRAND TO COME TO BAYTOWN REALLY, REALLY KIND OF PUTS AN EXCLAMATION OF, UH, YOU KNOW, WE, WE'VE BEEN SEEKING LIKE BEING A DESTINATION AND THERE'S OTHER THINGS THAT, THAT, THAT PLAY INTO THAT EFFORT. 
          BUT, YOU KNOW, WITH THE BRAND NAME OF, OF LIKE HYATT AND HYATT REGENCY, IT'S, UH, IT CERTAINLY INDICATES OF, OF THE DIRECTION WE CAN GO. 
          YEAH. 
          SO, YEAH, I, I HAD ONE QUESTION. 
          YES, SIR. 
          THAT MOCKUP, MAYBE I MISSED IT. 
          WHERE IS IT BEING BUILT AT? MY UNDERSTANDING WAS GOOSE CREEK SCHOOLS WAS DOING THAT, BUT I'M NOT SURE WHAT THE, SO I REMEMBER THAT. 
          IS THAT STILL HOLDING IT? AND CAN WE GET IN AND SEE THAT WHEN IT'S, YEAH, SO DPR HAS, UH, WE, WE ORIGINALLY THOUGHT WE COULD CONSTRUCT IT IN A FACILITY, UH, HERE IN BAYTOWN. 
          UH, I THINK THE SCHOOL DISTRICT WAS PROVIDING US THAT FACILITY. 
          UH, IT WAS NOT A CLIMATE CONTROLLED ENVIRONMENT AND IT WOULD'VE BEEN EXTREMELY DIFFICULT TO, TO PROBABLY UTILIZE THAT FACILITY IN THAT ENVIRONMENT. 
          SO WE'VE ACTUALLY, UH, THIS LAST TIME I CHECKED AGAIN, NICK, UH, KAREN, CORRECT ME IF I'M WRONG, BUT THAT DPR HAD FOUND A SITE WHERE WE COULD CONSTRUCT THAT IN A CLIMATE CONTROLLED ENVIRONMENT. 
          AND I, I BELIEVE IT'S NOT TOO FAR FROM HERE. 
          OKAY. 
          AN UNDISCLOSED LOCATION. 
          UH, I JUST DON'T HAVE THE ADDRESS ON ME  IN THE BACK PAGE ANYWAY. 
          SO YOU'RE STILL IN THE PFC, I'M ASSUMING? YEAH, I THINK WE NEED A MOTION. 
          OKAY. 
          SO WE ARE, YEAH, THIS IS STATED. 
          THERE'S ONE COMMENT I NEED TO MAKE BEFORE Y'ALL APPROVE. 
          UH, ONE, ONE OF THE ATTACHMENTS TO THIS AGREEMENT PREVIOUSLY WHERE, UH, FOR SOME VARIANCES, UH, THAT, UH, OUR CONSULTANT, UH, GARFIELD AND HYATT HAD AGREED TO, UH, FOR UNDERSTANDABLE REASONS, HYATT DIDN'T WANT THOSE VARIANCES TO BE PART OF THE PUBLIC RECORD. 
          UH, BECAUSE THEN THEY'D HAVE TO DEAL WITH THOSE VARIANCES ON OTHER HOTELS POTENTIALLY. 
          UH, SO WE AGREED TO JUST OFFLINE, UH, AGREE TO THOSE. 
          UH, WE HAVEN'T, UH, RECEIVED WORD BACK FROM GARFIELD THAT, UH, CONFIRMING EMAIL THAT ALL THOSE VARIANCES ARE IN AGREEMENT. 
          UM, THEY NEED TO BE, AND I DON'T THINK THERE'S ANY ISSUE. 
          I JUST DON'T HAVE THE EMAIL HERE. 
          SO THE APPROVALS HERE AND, UH, AT THE, UH, PFC LEVEL OUGHT TO BE CONDITIONED UPON, UM, PROBABLY WRIT GETTING SATISFACTORY CONFIRMATION, UH, THAT THE AGREED ALONG VARIANCES ARE INDEED AGREED UPON. 
          OKAY. 
          ALRIGHT. 
          WELL, THANK YOU. 
          SO IS THERE ANY OTHER QUESTIONS HERE FROM MDD BOARD MEMBERS BESIDES THE MOCKUP? WE CAN, I'M SURE WE CAN GET THAT INFORMATION FAIRLY QUICKLY. 
          WELL, THAT SHOULD BE PFC. 
          ALRIGHT, WELL THAT WE CAN CLOSE. 
          THERE'S ANYTHING FROM THE ATTORNEYS THAT WE NEED TO, WE NEED A MOTION PASS IT. 
          ALRIGHT. 
          SO DO WE DO A MOTION? YES, WE NEED A MOTION. 
          A MOTION. 
          OKAY. 
          WE HAVE A MOTION TO SECOND. 
          SO NO, WE DON'T NEED, WE NEED ONE. 
          NEED ONE. 
          OKAY. 
          SO I WOULD ENTERTAIN A MOTION FOR ITEM TWO A AS WRITTEN MOVE TO APPROVE ITEM A SECOND. 
          WE HAVE A MOTION. 
          A SECOND. 
          UH, ANY QUESTIONS OR COMMENTS? ALL THOSE IN FAVOR OF ITEM TWO A IS PRESENTED. 
          PLEASE SAY AYE. 
          AYE. 
          THOSE OPPOSED? ALRIGHT. 
          SO BEING THAT THE PFC HAS ADDRESSED ALL POSTED AGENDA ITEMS, HIS MEETING IS NOW ADJOURNED.
* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.