[00:00:01]
          READY? ARE WE READY? GOOD MORNING. I'D LIKE TO CALL TO ORDER THIS MEETING IN THE PARK 
          [1.  CALL TO ORDER]
IN DOWNTOWN IMPROVEMENT CORPORATION. IF YOU'LL PLEASE STAND FOR THE INVOCATION FROM KENNETH LANE. SO JOIN ME IN PRAYER. HEAVENLY FATHER, WE THANK YOU TODAY THAT WE CAN GATHER HERE IN YOUR MIDST. WE USHER IN YOUR PRESENCE TO OUR MEETING. WE ASK FOR WISDOM AND GUIDANCE AS WE MAKE DECISIONS FOR THE CITY OF CARROLL. WE THANK YOU FOR THIS COUNTRY THAT WE LIVE IN. WE ASK FOR PROTECTION FOR OUR MEN AND WOMEN IN SERVICE. FOR OUR FIRST RESPONDERS, LORD, THEY MAY. YOUR WILL BE DONE IN THIS MEETING AND IN ALL DECISIONS FROM OUR CITY. WE THANK YOU FOR THE CITIZENS OF THIS TOWN THAT PUT THEIR TRUST IN US, AND WE JUST PRAY THAT WE WOULD BE GOOD SERVANTS, JUST AS YOU HAVE GIVEN US THAT EXAMPLE. WE ASK THESE THINGS TODAY IN THE NAME OF JESUS. AMEN, AMEN, AMEN. YOU'LL JOIN ME IN THE PLEDGE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE, TEXAS. ONE STATE, UNDER GOD, ONE AND INDIVISIBLE. 
          THANK YOU. ALL RIGHT. WE DO HAVE ON OUR AGENDA A PUBLIC HEARING, BUT ARE THERE ANY 
          [5.  ADOPTION OF MINUTES]
REMARKS FROM VISITORS IN THE MEANTIME? IF NOT, I'LL ASK THE BOARD TO REVIEW THE MINUTES FROM OUR MARCH 13TH MEETING, AND I'LL ENTERTAIN A MOTION TO APPROVE. I'LL MAKE A MOTION TO APPROVE. THANK YOU. MAYOR, IS THERE A SECOND? SECOND. THANK YOU. SARAH. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE. OPPOSED? SAME SIGN. ALRIGHT. WE'RE NOW ON AGENDA ITEM 6.1, AND I WILL 
          [6.  PUBLIC HEARING]
OPEN THE PUBLIC HEARING FOR THE TAROT PARK IN DOWNTOWN IMPROVEMENT CORPORATION. PUBLIC HEARING IS BEING CONDUCTED IN ACCORDANCE WITH SECTION 505.159 OF THE TEXAS LOCAL GOVERNMENT CODE. THE PURPOSE OF THIS HEARING IS TO RECEIVE PUBLIC COMMENTS REGARDING REGARDING A PROPOSED PROJECT TO PROVIDE FINANCIAL ASSISTANCE IN AN AMOUNT NOT TO EXCEED 1.6 MILLION TO M AND F REAL ESTATE, LLC FOR A DOWNTOWN MULTI-USE DEVELOPMENT LOCATED AT 113 WESTMOOR AVENUE IN TERRELL, TEXAS. NOTICE OF THIS PUBLIC HEARING WAS DULY PUBLISHED ON MARCH 28TH, 2026, AND APRIL 4TH, 2026. AT THIS TIME, I WILL OPEN THE FLOOR FOR PUBLIC COMMENTS. 
          IF YOU WISH TO SPEAK, PLEASE COME FORWARD. STATE YOUR NAME AND ADDRESS FOR THE RECORD. IF THERE ARE NO COMMENTS, I WILL CLOSE THE PUBLIC HEARING. THE PUBLIC HEARING FOR THIS ITEM IS 
          [7.  NEW BUSINESS]
NOW CLOSED AND WE WILL MOVE TO ITEM 7.1 WHERE WE ARE TO DISCUSS AND CONSIDER THE RESOLUTION MENTIONED RECOMMENDING THAT TERRELL CITY COUNCIL APPROVE A CHAPTER 380 AGREEMENT FOR THIS ITEM. I'LL CALL ON RAYLAN. GOOD MORNING. PATRICK. BOARD IN YOUR PACKET IS RESOLUTION 2020 6-01. AND THIS RESOLUTION IS A RECOMMENDATION TO CITY COUNCIL TO CONSIDER AND APPROVE THE 380 AGREEMENT AND ALSO PERFORMANCE AGREEMENT FOR M AND F REAL ESTATE, LLC. AS DISCUSSED DURING OUR LAST MEETING. THE PERFORMANCE AGREEMENT INCLUDES ITEMS SUCH AS FULL TIME EMPLOYMENT HERE IN THE CONFERENCE ROOM. YEAH, THEY'RE IN THERE. SORRY, I APOLOGIZE, IT INCLUDES FULL TIME EMPLOYMENT. ALSO A COMPLETION OR RETAIL READY AS OF APRIL 30TH, THERE IS A BREAKDOWN OF BUDGET ITEMS FOR PADDOCK TO CONSIDER. PAYOUTS IN 26 FI 27 AND FISCAL YEAR 28. SO THE RESOLUTION AS PRESENTED JUST OUTLINES THAT. AND THERE IS ALSO A COPY OF THAT 380 AGREEMENT IN YOUR PACKET. IF APPROVED, YOUR RESOLUTION AND A COPY OF THIS AGREEMENT WOULD GO BEFORE CITY COUNCIL. AND CITY COUNCIL WILL ALSO CONSIDER A SIMILAR RESOLUTION UPON YOUR RECOMMENDATION. QUESTIONS OR COMMENTS FROM THE BOARD? RAYLAN, I LOOKED OVER THE 360 AGREEMENT. JUST A POINT OF CLARIFICATION. 
          HOW IT CURRENTLY READS IS THAT THE CITY WILL CONVEY THE PROPERTY AS WELL AS $100,000 FOR THOSE STARTUP COSTS WE DISCUSSED. AND THEN THE PADDOCK BOARD WILL FOLLOW WITH THE 1.6, WHICH WOULD MEAN A TOTAL GRANT TO THE DEVELOPER OF 1.7. IS THAT CORRECT OR SHOULD OUR NUMBER BE CHANGED TO 1.5? SO THE $100,000 WILL COME OUT OF THAT MAXIMUM AMOUNT. AND SO WHAT YOU'LL ALSO NOTE LATER IN THE AGENDA, THE 1.6 IS THE TOTAL CONTRACT AMOUNT. BUT 
          [00:05:03]
THERE WILL BE SEVERAL DIFFERENT FUND FUNDING MECHANISMS. HOW WE WILL PAY DOWN THAT 1.6. SO IT IS STILL JUST A TOTAL OF THE 1.6. THANK YOU FOR THAT CLARIFICATION. WOULD IT BE TOO MUCH TO ASK TO WALK US THROUGH THAT PART OF IT? ABSOLUTELY. THANK YOU. IF YOU WANT TO GO OVER TO ITEM, IF YOU'LL GO TO THE BUDGET ITEM, THE LAST ITEM. THERE YOU GO. IS THAT THE BUDGET? YES. THE NEXT PAGE RIGHT THERE IN A LATER. ADAM. I'VE GOT THE DOWNTOWN PROJECT PLANNING BROKEN DOWN. SO IN YOUR DEVELOPMENT PARTNERSHIPS HIGHLIGHTED THERE, I'M SHOWING A $500,000 PAYMENT IN FISCAL YEAR 26, 550,027 AND 200,028. IN THE NOTES SECTION, YOU'LL NOTICE THAT NUMBER ONE DOES NOT PARTICIPATE IN 26, BUT IN 27 IS 250,000 OF THE TOTAL 800,000 DUE THAT YEAR. TERMS. NUMBER ONE IS ALSO 100,000 OF THE 300,000 DUE THAT YEAR. AND THEN I'LL KIND OF BE ABLE TO GO INTO MORE DETAIL ABOUT TARA'S PARTICIPATION IN OTHER PROJECTS LATER AS WELL. SO IT'LL BE A TOTAL OF THREE, 350,000 DIRECTLY TO THIS DEVELOPMENT AGREEMENT. WE'VE NOT DISCUSSED THIS AT PREVIOUS MEETINGS, BUT IT JUST POPPED IN MY HEAD. SO I'M GOING TO SAY IT OUT LOUD. THIS PARTICULAR DEVELOPER THAT M AND F REAL ESTATE HAS DONE TWO OTHER DEVELOPMENT PROJECTS DOWNTOWN, TWO OTHER BUILDINGS, AND NOT RECEIVED REIMBURSEMENT FOR THOSE. THIS IS THEIR FIRST. YES, YES. ARABIA. IF YOU'LL GO BACK TO THE FRONT PAGE OF THAT, I'M SORRY, OF THAT PARTICULAR ITEM. YES. BACK TO THE FRONT PAGE OF THAT 7.6. THERE YOU GO. 
          JUST TO KIND OF SHOW YOU IN FISCAL YEAR 26 DOWN ON THE HIGHLIGHTED ITEMS, THOSE ARE YOUR ESTIMATED END OF YEAR BALANCES. I KNOW THAT WE WERE WORRIED ABOUT CASH BALANCES GOING FROM YEAR TO YEAR. SO AS WE WALK THROUGH THE BUDGET LATER ON IN THE AGENDA, YOU'LL NOTICE THAT YOU'LL DIP IN 28. BUT OVERALL, IN THE NEXT THREE YEARS, WE'RE ONLY LOOKING AT SPENDING DOWN ABOUT 600,000 OF YOUR AVAILABLE CASH BALANCE. SO I DID WANT TO POINT THAT OUT TO YOU BECAUSE I KNOW THAT THAT WAS A CONCERN OF HOW HOW LOW WE WERE GOING TO GO. YOU'RE SAYING WE CAN AFFORD IT. I'M SAYING IF YOU WANTED TO, THERE WOULD BE MONEY AVAILABLE IN THE BANK. 
          YES. WHAT IS THE TOTAL AMOUNT OF THE WHOLE RENOVATION FOR THIS BUILDING? THE TOTAL RENOVATION. THE SHELL BUILDING ITSELF. AND TO BE COMPLETE FOR A TENANT FOR THE FIRST FLOOR IS 1.6. AND SO THAT'S A THREE STORY, 12,000 SQUARE FOOT RETAIL SPACE. THE TOTAL COST IS OVER THREE. YES, 1.4. THEY'LL BE INVESTING ONE. 1.6 GETS THE COMPLETE TWO. WHAT'S THEIR CASH CONTRIBUTION. OVER 2,000,003.6. YES MA'AM. THANK YOU. GIVE ME A MOMENT TO DIGEST THAT. THIS IS A BIG VOTE. THE LARGEST VOTE FROM OUR BOARD. WE'VE TALKED ABOUT IT AT SEVERAL MEETINGS, BUT CURIOUS TO KNOW WHAT YOUR THOUGHTS ARE OR ANY ADDITIONAL QUESTIONS FOR RAYLAN. I'M FOR IT BECAUSE THEY'VE NEVER ASKED FOR MONEY. THEY HAVE A GOOD RECORD IN PERIL OF COMPLETING BUILDINGS, OCCUPYING BUILDINGS. I STAND BEHIND THEM BASED ON WHAT THEY'VE SHOWN SO FAR. I REALLY DON'T HAVE ANY QUESTIONS. I THINK YOU'VE COVERED EVERYTHING. WELL. I WILL SECOND SARAH'S COMMENT BY SAYING FOR ME, ONE OF THE MOST MOTIVATING PIECES OF THIS IS THAT EVERY ONE, NOT ONLY HAVE THEY SEEN TO COMPLETION MULTIPLE BUILDING PROJECTS WITHOUT CITY 
          [00:10:04]
PARTNERSHIP, BUT. TWO AS FAR AS I'M AWARE, ALL OF THEIR BUILDINGS STAND FULLY LEASED. 
          AND SO NOT ONLY HAVE THEY REDEVELOPED BUILDINGS, BUT THEY'VE ALSO BEEN ABLE TO MATCH THAT WITH TENANTS. AND SO THAT'S VERY MOTIVATING FOR ME. AND I WILL ECHO THAT TOO. AND I THANK YOU FOR THE AMOUNT OF TIME THAT THE CITY HAS SPENT IN THIS NEGOTIATION. AND I WOULD JUST THINK THAT WE ARE VERY FORTUNATE THAT OUR LONE BIDDER FOR THIS IS SOMEONE THAT WE FEEL VERY COMFORTABLE WITH, AND THEIR PAST PRODUCTS. AND I LOOK AT THIS AS THIS COULD HAVE EASILY BEEN A PROBLEM THAT THE CITY IS HAVING TO TRY TO FIX OUTSIDE OF WHAT WE'RE CONSIDERING TODAY. AND SO THIS IS, IN MY OPINION, JUST A PIECE OF THAT FINAL PAYMENT FOR THAT BUILDING THAT WE PURCHASED SO MANY MONTHS AGO. AND SO I THINK IT'S THE BEST SCENARIO FOR THAT BUILDING AND IT'S EXPENSIVE, BUT IT IS A PART OF DOING BUSINESS HERE IN TERRELL. AND I THINK AT THE END THAT WILL BE A CORNERSTONE FOR THE FOR THE DOWNTOWN AREA. SO THANK YOU AGAIN FOR YOUR TIME IN THIS AND JUST BEING ABLE TO, TO UNDERSTAND COMPLETELY WHAT, WHAT THIS INTAKE AND HELP US UNDERSTAND, I THINK EVERYONE ON THE BOARD DID A GREAT JOB INPUTTING, ESPECIALLY ON THE PERFORMANCE SIDE. I THINK THAT WE'LL HAVE SOME LEVELS OF DELIVERABLES AND SOME TIMELINES. AND SO SHOULD THIS MOVE FORWARD, YOU'LL DEFINITELY BE GETTING UPDATES AND QUARTERLY REPORTS AS PAYMENTS COME OUT. SO IT'LL BE SOMETHING THAT YOU'LL BE ABLE TO MONITOR AS WELL. AND I'D LIKE TO SAY ONE OTHER THING I DO, I DO BELIEVE THAT THERE IS A A NEW DAY FOR TERRELL AS FAR AS THE CODE ENFORCEMENT PIECE OF THIS AND THIS BEING A BUILDING THAT THE CITY OWNS, WE WOULD BE THE ONES TO SET THE PRECEDENT TO MAKE SURE THAT OUR PROPERTIES THAT WE'VE OWNED IN CONJUNCTION WITH, WITH THIS DEVELOPER SETS THE TONE FOR, FOR CODE ENFORCEMENT. AND I THINK THAT'S SOMETHING THAT'S BEEN SPOKEN OF, YOU KNOW, IN THE BACK ALLEYS. AND, AND THAT DAY IS COMING WHERE WE'LL BE ABLE TO SAY, THIS IS WHAT WE'VE DONE IN THE WAY OF OF OUR MONEY INTO IT. AND WE EXPECT THAT FOR THE REST OF THE DOWNTOWN. SO IF YOU'RE A BUSINESS OWNER AND YOU'VE SPENT YOUR MONEY IN BRINGING YOUR BUILDINGS UP TO CODE INTO SOMETHING THAT THAT WE THINK IS A, IS AN ENTICING PIECE. CONGRATULATIONS, BECAUSE THAT DAY IS COMING. I'D LIKE TO SAY THAT I THINK IT'S A POSITIVE BECAUSE OF ITS SITUATION WHERE IT'S SITUATED IN DOWNTOWN IN THE HEART OF TERRELL, BUT ALSO SETS OUR STANDARDS FOR ALL THE OTHER BUSINESSES AROUND IT. SO I THINK IT IS A POSITIVE AND IT'S CITY OWNED. THANK YOU. ALL RIGHT. ONE THING COMMENT THAT I'LL JUST GO ON RECORD AS SAYING IS SOMETHING THAT REALLY IMPRESSED ME ABOUT THIS RFP IS THEY MADE IT CLEAR THE HELP THAT WAS NEEDED TO FUND THE GAP BASED ON CURRENT MARKET RENTS, WHICH ARE COMPRESSED, DEPRESSED. 
          AND SO THE FACT THAT THEY SHOWED IT'S GOING TO COST OVER $3 MILLION TO TURN THIS BUILDING INTO OFFICE RETAIL SPACE, $3 MILLION. HOWEVER, MARKET RENTS WERE ONLY GOING TO SUPPORT, YOU KNOW, DEBT OF A CERTAIN AMOUNT THAT WE'RE GOING TO SEE THAT OVER AND OVER AGAIN IN THESE HISTORIC DOWNTOWN BUILDINGS THAT JUST COST SO MUCH TO, FRANKLY, BRING UP TO CODE. SO I HOPE WE'LL, YOU KNOW, FOR FUTURE CONSIDERATIONS ON OTHER BUILDINGS THAT WE'LL EXPECT TO SEE THAT MATH AS WELL AND DO WHAT MAKES SENSE WITH THIS PUBLIC MONEY. ALL RIGHT. 
          ANY OTHER COMMENTS? IF NOT, I WILL ENTERTAIN A MOTION TO APPROVE ITEM 7.1, THE 380 AGREEMENT FOR M AND F REAL ESTATE. I'LL MAKE A MOTION TO APPROVE RESOLUTION NUMBER 2020 6-01 TO FORWARD THE THREE, 6 OR 380 AGREEMENT TO THE CITY COUNCIL FOR APPROVAL. THANK YOU. 
          HILLARY, IS THERE A SECOND. I'LL SECOND THANK YOU, MARY. ALL THOSE IN FAVOR SIGNIFY BY SAYING I OPPOSED SAME SIGN. MOTION CARRIES. ALL RIGHT. CAN THEY START TOMORROW? SARAH, JUST GOT TO GET ONE MORE STEP. THIS. THIS. JUST TO FOLLOW UP. THIS WILL GO TO CITY COUNCIL ON APRIL THE 21ST. SO. OH, YEAH. RIGHT. ALL RIGHT. AT THIS TIME, WE'RE ON ITEM 7.2 WHERE WE WILL DISCUSS AND CONSIDER THE MARCH FINANCIAL REPORT. IN YOUR PACKET WAS A COPY OF ALL PAYMENTS PAID OUT THROUGH LAST WEEK. GIVE YOU A CHANCE TO KIND OF LOOK THROUGH THAT. I WAS STILL WORKING. EVERYTHING'S MOVING FORWARD ON BREEZY HILL. IT LOOKS GOOD. I'LL HAVE SOME 
          [00:15:06]
UPDATES FOR DOWNTOWN. I KNOW TACO FEST IS COMING UP, BUT FEAR NOT. WE WE ARE GOOD. WE ARE GOOD. I STILL HAVE A FEW WEEKS AND THERE'S A LOT THAT CAN HAPPEN IN A FEW WEEKS. SO IF YOU HAVE ANY QUESTIONS ABOUT ANY OF THE EXPENSES, JUST LET ME KNOW. 
          THIS KIND OF TIES INTO ANOTHER ITEM AS WELL. BUT REMIND ME, THE $4,200 RENT REIMBURSEMENT FOR LULA MAE'S, IS THAT ON A QUARTERLY BASIS OR A MONTHLY BASIS, QUARTERLY, IT'S PAID OUT QUARTERLY. 
          ALL RIGHT. ANY QUESTIONS FOR RAYLAN? THERE'S A LOT GOING ON AT THE SOCCER FIELD. IS IT ON SCHEDULE? I MEAN, IS IT ON THE NEW SCHEDULE? IT IS. WE HAVE THERE IS TONS GOING ON AT THE SOCCER FIELD. WE HAVE OPEN RESERVATIONS. WE HAVE LOTS OF RESERVATIONS. WE'VE GOT PLENTY OF DIFFERENT TEAMS AND ORGANIZATIONS, AND WE'RE HAPPY, RIGHT? REMINDING THEM WE'RE HAPPY ABOUT ALL OF THE RESERVATIONS AT THE SOCCER FIELD. YES, IT'S A VERY HAPPENING PLACE RIGHT NOW, BUT THE CHANGE WAS HARD. BUT I THINK WE'RE WE'RE KIND OF GETTING INTO OUR NEW GROOVE AND IT'S MAKING THE PUBLIC VERY, VERY HAPPY TO HAVE THOSE FIELDS AVAILABLE. THEY'RE NOT AVAILABLE. SO I'M TALKING ABOUT THE PART THAT'S UNDER CONSTRUCTION, THE DIRT. ARE WE ON SCHEDULE? YEAH, IT'S JUST GROWING GRASS, RIGHT? YEAH. OH. OH YEAH. IS IT SOD OR SEED GOING IN THERE? MULCHING. OKAY. 
          SO WE NEED TO BE PATIENT. OKAY, OKAY. IT IT WILL LOOK GOOD. IT'S EXCITING TO SEE NONETHELESS. I'VE HEARD YOU GUYS ARE DOING A GREAT JOB FERTILIZING. PEOPLE LOVE US. 
          KNOW THEY DO. YEAH. LISTEN, WE WE'RE LOVED EVERY DAY. EVERY DAY. THAT SOUNDS LIKE. YEAH. 
          KEEP TELLING US THAT EVERY THEY LOVE US. BUT I SAY LAST NIGHT WE'RE LIKE WAFFLE HOUSE. I MEAN, YOU DON'T LOVE IT. T IT'S THE ONLY THING THAT'S THERE. SO SO I SEE WE MAYBE IF I'M READING THIS CORRECTLY, ALREADY INCURRED LIKE OVER $200,000 OF EXPENSES, SOMEBODY ELSE, BERNIE, HE HAS A KEY FOR THE SPLASH PAD. WE ALREADY INCURRED $212,000 IN EXPENSES FOR THE BREEZY HILL SPLASH PAD. WE'VE RELEASED THE POA. SO YEAH, SO PARTS ARE ORDERED AND WATER AND WASTEWATER LINE IS GOING IN AND WE'RE SPLASH PADS GOING TO HAPPEN TOO. OKAY. SO WILL IT BE READY FOR. YEAH. DO WE HAVE AN ETA ON THAT? JUNE 13TH IS WHEN WE WANT TO HAVE A RIBBON CUTTING. AND THEN THE FOLLOWING WEEKEND YOU WILL HAVE JUNETEENTH AT BREEZY HILL PARK. 
          AWESOME. RAT. LEONARD. RAT RAT. ALL RIGHT. ANY OTHER QUESTIONS? I DON'T BELIEVE THIS ITEM REQUIRES ACTION. YES, YES IT DOES. YES. JUST TO APPROVE IT. THAT'S. I GET A MOTION TO APPROVE THE FINANCIAL REPORT. THANK YOU. SARAH, IS THERE A SECOND? SECOND. THANK YOU. JC, ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE. AYE. OPPOSED? SAME SIGN. ALL RIGHT. AT THIS TIME, WE'RE ON ITEM 7.3 WHERE WE WILL DISCUSS AND CONSIDER PINA HOLDINGS, THE SKINNY BUILDING PROJECT FUNDING PROPOSAL AT 213 EAST MORE AVENUE. AND FOR THAT, I'LL CALL RAYLAN. SO SPEAKING OF FUND PROJECTS IN DOWNTOWN, WE HAVE OUR FRIEND CYNTHIA AND LEWIS HERE. YOU HAD INFORMATION IN YOUR PACKET THAT WAS SENT OUT. THERE'S ALSO A NEW SHEET THERE ON THE DAIS. LEWIS AND CYNTHIA WILL BE HERE TO TALK ABOUT THEIR SKINNY BUILDING PROJECT. LET ME TURN IT OVER TO THE EXPERTS AS THE OPINIONS ARE MAKING THEIR WAY TO THE LECTERN. I JUST WANT TO SAY I HAD AN OPPORTUNITY TO GO TO THEIR FREE TO THE PUBLIC JAZZ NIGHT EVENT AT THE LYRIC. IF YOU DIDN'T GO, YOU MISSED A BEAUTIFUL AND EXCEPTIONAL EVENT. IT WAS TERRELL AT ITS FINEST AND WE 
          [00:20:02]
HAD A GOOD TIME, AND WE HOPE THAT THERE WILL BE MORE BECAUSE IT'S A BUILDING WORTH SHOWING OFF. SO THANK YOU ALL FOR DOING THAT. PUTTING. IT WAS A LABOR OF LOVE AND FOR OPENING IT TO ALL OF US. IT WAS THE FIRST EVENT IN DOWNTOWN TERRELL THAT I'VE EVER ATTENDED THAT HAD VALET. WELL, WE'RE VERY EXCITED. WE'RE VERY EXCITED THAT. GOOD MORNING, THAT SOMEBODY ELSE IS GOING TO DO SOMETHING GOOD WITH THE CHAPMAN BUILDING. YEAH, WE'RE EXPECTING THAT FOR A LONG TIME. AND FINALLY, IT'S IN GOOD HANDS AND HE'S GOING TO CONTINUE DOING THE GREAT IN THE DOWNTOWN AREA. SO WE'RE VERY EXCITED. THANK YOU FOR DOING IT. GOOD TO SEE YOU EVERYBODY AGAIN. 
          SO WE ARE GOING TO TELL YOU A LITTLE BIT OF HISTORY. OF THE 213 IS MORE AVENUE BUILDING. 
          PROBABLY A LOT OF YOU DON'T KNOW THE HISTORY. SO AT ONE POINT THAT BUILDING WAS AN ALLEY ALL THE WAY TO 1917 AND 1917, SOMEBODY DECIDED TO BUILD A HOUSE. SO THEY PUT TWO WALLS AND A ROOF. SO THEY BUILT A HOUSE AND THEY WERE THERE UNTIL THE EARLY 50S, WHEN IT BECAME THE DALLAS MORNING NEWS DROP OFF FOR THE WHOLE KAUFMAN COUNTY. SO PEOPLE WOULD GO THERE AND PICK UP THE NEWSPAPER FOR THE WHOLE COUNTY, FOR THE LITTLE CITY'S. AFTER THAT, IT BECAME A GREAT FAMILY. FROM TERRELL. THE LAST NAME IS CARCASS, SO THEY OWN THE BUILDING FOR A LONG TIME. THEY USED TO HAVE A VENDING MACHINE BUSINESS AND THEY WILL FIX THE MACHINES THERE, AND THEN THEY WILL SHIP THEM TO DIFFERENT PLACES. SO THAT BUILDING HAS BEEN IT'S BEEN OVERLOOKED. AND IT'S A CUTE BUILDING THAT HAS A LOT OF POTENTIAL THAT WE'VE BEEN LOOKING TO DO SOMETHING COOL WITH IT. SO I'M GOING TO JUST TELL YOU A LITTLE BIT ABOUT THE PROJECT. THE PROJECT IS ABOUT TURNING THE SKINNY BUILDING. THAT'S HOW WE CALL IT INTO ONE OF THE MOST UNIQUE SPOTS, NOT JUST INTERNAL, BUT IN THE WHOLE AREA. RIGHT NOW, IT'S AN UNDERUSED BUILDING ON MOORE AVENUE, BUT BECAUSE OF HOW NARROW AND DIFFERENT IT IS, IT HAS THE CHANCE TO BECOME SOMETHING. PEOPLE DON'T JUST VISIT, THEY COME TO EXPERIENCE, TAKE PICTURES AND SHARE. RIGHT NOW IT IS IT IS AN UNDERUSED BUILDING ON MOORE AVENUE, BUT BECAUSE OF HOW NARROW AND DIFFERENT IT IS, IT HAS A CHANCE TO BECOME SOMETHING. 
          PEOPLE JUST DON'T VISIT. THEY COME EXPERIENCE THEIR PICTURE AND SHARE. THE PLAN IS TO CREATE A SMALL RESTAURANT, A BAR WITH COVERED OUTDOOR PATIO THAT FEELS INVITING, FUN, AND ONE OF A KIND. THIS WON'T BE JUST ANOTHER PLACE TO EAT. IT'S DESIGNED TO BE A DESTINATION BECAUSE OF ITS BUILDING. IT'S ONLY ABOUT EIGHT FEET WIDE AND 90FT LONG. IT'S NATURALLY STANDS OUT WITH THE RIGHT DESIGN, LIGHTING AND LAYOUT. IT CAN BECOME ONE OF THOSE PLACES PEOPLE RECOGNIZE INSTANTLY AND WANT TO POST ON SOCIAL MEDIA. LIKE IN AMARILLO, YOU HAVE THE THE CADILLAC RANCH OR YOU HAVE IN MARFA, TEXAS. THE BUILDING THAT STOPS BY ANYBODY TALKS ABOUT. SO WE TRIED TO CREATE SOMETHING THAT PEOPLE WILL COME AND TAKE PICTURES. YOU KNOW, WE KNOW A LOT OF BUILDINGS HERE HAVE TO BE DESTINATION. SO YOU HAD TO CREATE SOMETHING NEW SO PEOPLE CAN TALK ABOUT. SO THAT'S WHAT WE'RE TRYING TO DO. ON TOP OF THAT, WE'RE ADDING PUBLIC RESTROOMS AND OUTDOOR PATIO THAT WILL SERVE THE ENTIRE DOWNTOWN, NOT JUST CUSTOMERS, MAKING IT MORE, MORE USABLE DURING EVENTS AND BUSY WEEKENDS. THIS PROJECT HELPS TURNBULL AVENUE INTO A PLACE WHERE PEOPLE DON'T JUST PASS THROUGH. THEY STICK AROUND. AT THE END OF THE DAY, THIS IS. THIS ISN'T JUST A RESTAURANT. IT'S A LANDMARK IN THE MAKING THAT CAN HELP PUT DOWNTOWN TAROT IN THE MAP IN A NEW WAY. SO WE'RE INVESTING ABOUT $470,000 INTO THE PROJECT, BUILDING THE OUTDOOR PATIO. WE'RE GOING TO PUT A GREASE TRAP. WE HAVE THE TWO OUTDOOR RESTROOMS THAT ARE GOING TO BE JUST DEDICATED FOR THE CITY. WE ALSO GOING TO BUILD A RESTROOM INSIDE THE RESTAURANT AND IT'S ALL GOING TO BE COVERED PATIO AREA. SO WE'RE REQUESTING $250,000 FROM THE CITY. POTENTIALLY, FUNDING MECHANISMS MAY INCLUDE DOWNTOWN REVITALIZATION GRANTS, FACADE IMPROVEMENT PROGRAMS, INFRASTRUCTURE ASSISTANCE, OR OTHER PUBLIC PARTNERSHIP INCENTIVES. SO THE SKINNY BUILDING REDEVELOPMENT REPRESENTS A MEANINGFUL PRIVATE INVESTMENT IN DOWNTOWN AND ALIGNS WITH THE CITY GOALS. ECONOMIC DEVELOPMENT, HISTORIC PRESERVATION, AND PEDESTRIAN FRIENDLY URBAN SPACES. SO THIS IS WHAT WE'RE TRYING TO DO. WE'RE TRYING TO CREATE SOMETHING THAT IS OUT OF THE ORDINARY SO PEOPLE CAN COME AND VISIT. IF I UNDERSTAND CORRECTLY, TOTAL INVESTMENT FOR 74, 70 OF THAT THE ASK IS 250 CORRECT. OKAY. PADDOCK OR 
          [00:25:02]
MUNICIPAL FUNDING. CORRECT. OKAY. CAN YOU TELL US A LITTLE BIT MORE ABOUT THE RESTAURANT CONCEPT VISION? I ASSUME YOU ARE NOT OPENING THE RESTAURANT. SO DO YOU HAVE SOMEBODY WHERE WE HAVE A WORKING IN THE CITY, THE GROUND LEASE FOR THE FOR THE LITTLE PIECE OF GRASS, THE OUTDOOR PATIO WE HAVE AT LEAST PENDING WITH THE RESTAURANT THAT IS ACTUALLY GOING TO OPERATE AT THE BEGINNING, BREAKFAST AND LUNCH AND ON THE WEEKENDS, THEY'RE GOING TO HAVE A KIND OF LIKE LULA SCHEDULE, YOU KNOW, THEY OPEN THURSDAY, FRIDAY AND SATURDAY, BUT IT'S GOING TO BE MOSTLY BREAKFAST AND BRUNCH, AND THEY'RE GOING TO HAVE ALSO BRUNCH ON SUNDAYS. 
          SO THIS ONE'S MORE FOR LIKE, IT'S MORE FAMILY ORIENTED, FAMILY ORIENTED. SO THEY'LL HAVE LIKE A LOT OF THE HEALTHY JUICES FOR BREAKFAST FROM THE GREEN, THE DETOX OR THE PINEAPPLE WITH, YOU KNOW, KALE AND CELERY. SO A LOT OF THOSE, YOU KNOW, HEALTHY BREAKFAST OPTIONS. SO IT'S A LITTLE BIT MORE AIMED FOR FAMILY, NOT, YOU KNOW, BAR OR, YOU KNOW, BEER MIMOSAS. SO IT'S MORE FOR BREAKFAST FOR FAMILY WITH HEALTHY OPTIONS. YEAH. IF YOU CAN SEE ON THE MAP, THE TWO OTHER RESTROOMS, IT'S GOING TO BE LIKE A LITTLE SEPARATE BUILDING, KIND OF LIKE THE, THE REST OF THE BUILDING IN BACK SPRINGS, THEIR, YOU KNOW, THEIR GLASS. YEAH. SILVER SPRINGS, YES, SOMETHING LIKE THAT. SO IT'LL BE SOMETHING DIFFERENT. I KNOW WE HAVE A LOT OF EVENTS IN DOWNTOWN AND EVERYBODY'S ALWAYS STRUGGLING TO USE THE RESTROOM IN THE RESTAURANT AND NOBODY WANTS TO LET THEM USE THE RESTROOMS. SO WE SEE THAT HAPPENING A LOT. AND I THINK I KNOW THE CITY WANTED TO BUILD SOME RESTROOMS AND THE PUBLIC AREA. AND, YOU KNOW, WE'RE WILLING TO DO IT NOW THAT WE HAVE A CHANCE TO BUILD IT RIGHT NEXT TO ONE OF OUR BUILDINGS IN A PLACE WHERE THE CITY UTILIZES THE PARKING LOT FOR PRIVATE EVENTS. SO KIND OF, AND THIS MAY BE YOU MAY TURN AROUND AND POINT TO RAYLAN AND THAT'S FINE. 
          IF YOU DO TELL US THE THE PUBLIC RESTROOMS, WILL YOU GUYS MAINTAIN THE CONTROL OVER THE ACCESS TO THAT OR IT WILL BE CITY ACCESS. THE CITY WILL JUST JUST LIKE THEY DO IN SULFUR SPRINGS. OKAY, SO Y'ALL WOULD BUILD IT, BUT THEN COMPLETELY TURN OVER CONTROL TO THE CITY. 
          OKAY. YEAH, WE WERE THINKING THAT THEY CAN DO A MECHANISM WHERE, YOU KNOW, IT HAS A SCHEDULE AND, YOU KNOW, LOCKED BY THE CODE. SO WHENEVER YOU GUYS HAVE EVENTS, THEN IT'S, YOU KNOW, IT HAS THIS OPENING HOURS TOO. SO WE DON'T HAVE SOMEBODY SLEEPING IN THERE. AND SO, YOU KNOW, YOU GUYS ARE GOING TO HAVE A MARKET. WELL, IT'S OPEN DURING THOSE HOURS OR WEEKENDS WHEN PEOPLE ARE WALKING AROUND GOING TO THE MARKET OR THE PANADERIA, YOU KNOW, WHERE. SO THERE'S A RESTROOM. I, I JUST FEEL LIKE THERE'S A LOT OF BUSINESSES AND WE DO HAVE SOME OLDER PEOPLE THAT I SEE DOING THE SAME LITTLE INDIAN DANCE I DO BECAUSE THERE'S NOT ANY RESTROOMS. SO YOU HAVE TO WRAP IT UP AND RUN. SO WE REALLY DO NEED SOME, SOME GOOD RESTROOMS. AND I JUST FELT LIKE THAT CORNER, YOU KNOW, BEING THE KIND OF THE END THAT THAT WOULD BE A GOOD PLACE FOR THEM. AND I'M JUST, I LOVE THOSE BATHROOMS THERE BECAUSE IT'S, YOU KNOW, MIRROR AND YOU CAN SEE OUT AND IT'S JUST A, A COOL WAY OF GOING TO THE BATHROOM, I GUESS, AND STILL KEEPING AN EYE ON THE KIDS IF THEY'RE WAITING OUTSIDE, YOU'VE GOT AN EYE ON THEM. SO YEAH, SO ON THE COST WHERE YOU SHOWED THE $120,000 FOR THE RESTROOMS, PUBLIC AND PRIVATE, HOW HOW MUCH IS THE PRIVATE AND HOW MUCH ARE YOU SPENDING ON THE PUBLIC? WELL, BECAUSE WE'RE GOING TO DO THE CONSTRUCTION ON THOSE. THAT'S WHY WE HAVE THAT COST. IF YOU WERE TO GET THOSE CODES OR IF WE GET SOMEBODY ELSE TO BUILD US, WE PROBABLY SPEND TWICE AS MUCH. SO WE'RE ABLE TO SPEND THAT OUT OF OUR POCKET, YOU KNOW, DOING OUR OWN CONSTRUCTION FOR THAT. RIGHT. BUT IF YOU IF YOU WERE, I'M ASSUMING THIS IS THE 120,000 IS FOR THE ONE THAT'S IN THE RESTAURANT AS WELL AS THE OUTDOOR ONES, HOW MUCH WOULD JUST BE THE COST OF THE OUTDOOR OR JUST THE OUTDOOR? WE CAN SPLIT THAT COST UP. WE JUST PUT IT ALL TOGETHER. YOU KNOW WHAT IT IS. BUT RIGHT NOW THE COST IS ACTUALLY LESS EXPENSIVE BECAUSE WE ARE DOING THE WHOLE PATIO AREA. SO WE'RE BUILDING THE WHOLE STRUCTURE RIGHT, RIGHT OUTSIDE THE PATIO. SO IT'S LESS EXPENSIVE TO BUILD THE RESTROOMS WITH OUR OWN PEOPLE THAT AT THE SAME TIME THAT WE'RE DOING THE PATIO, THAN IF WE JUST DO THE RESTROOMS BY THEMSELVES, PRICE MORE EXPENSIVE TO YOU. SO WE'RE, YOU KNOW, IF YOU GET WE HEARD SOMEBODY ELSE, WE CAME HERE TO A MEETING AND IT WAS LIKE $350,000 FOR TWO PUBLIC RESTROOMS IN THE PARK. WE IT'S PROBABLY GOING TO BE CLOSE TO 100,000 OR SOMETHING LIKE THAT, BUT WE'RE TRYING TO UTILIZE SOME OF THE FUNDS TO PAY FOR THE GREASE TRAP, TO PAY FOR THE STRUCTURE FOR THE PATIO, WHICH IS, YOU KNOW, IT'S ALL THE PATIO AREA. SO IT'S NOT JUST THE RESTROOMS, IT'S FOR ALL THE OUTDOOR AREA. I'M SORRY FOR ALL THE QUESTIONS. I'M ASSUMING THE PUBLIC RESTROOMS WOULD BE WOULD THEY BE TWO UNISEX, ONE MAN, ONE WOMAN? HOW WOULD HAVE YOU ALL DECIDED? I THINK I THINK NOWADAYS EVERYBODY HAS A MIXED RESTROOMS. SO I THINK IT'S JUST WE IT'S UP TO THE CITY PROBABLY IF YOU GUYS WANT TO KEEP ONE 
          [00:30:01]
WOMEN, ONE MAN. SO YOU CAN DO UNISEX. YES. TWO. I THINK IT IS JUST ONE. IT'S PRETTY BIG. BUT YOU KNOW, IT HAS THE BABY CHANGING STATION INSIDE. SO IT IS LIKE A FAMILY BATHROOM. YEAH. 
          SO OKAY, I SEE THAT YOU'RE INVESTING FOR 79. YOU'RE ASKING FOR 250. IS THAT THE TOTAL COST? BECAUSE THE NEXT PARAGRAPH SAYS POTENTIAL FUNDING MECHANISMS. WELL, WE THE POTENTIAL FUNDING MECHANISM IS WE'RE TRYING TO USE EVERY FUND THAT THE CITY IS ALLOWED TO GIVE OUT TO POTENTIAL PEOPLE LIKE US DEVELOPERS. TOTAL COST. THE TOTAL COST 70 ALL IN. AND THEN THEY WOULD ASK FOR REIMBURSEMENT UP TO TWO. OKAY, OKAY. SO TELL ME YOU'VE DONE YOU'VE HAD GREAT IDEAS AND WE'VE SEEN THE LYRIC REALLY TURN INTO SOMETHING. YOU'VE GOT A COUPLE OF OTHER PLACES THAT YOU HAVE GREAT IDEAS FOR THAT HAVE NEVER MATERIALIZED FOR US. 
          SO WHAT IS YOUR TIME FRAME ON THIS? COULD YOU BE MORE SPECIFIC ON WHICH ONES HAVE MATERIALIZED? YOU'VE GOT THE BUILDING ACROSS THE STREET. THAT WAS THE WAS IT BAIL BONDS, THE FOOTHOLD, THE GRIFFIN BUILDING. OKAY, I'M GOING TO TELL YOU THIS. YOU PROBABLY DIDN'T KNOW, BUT WE HAD A WE HAD A USER AND WE HAD A USER FOR THE PARK. IT WAS GOING TO BE A FOOTHOLD. AND WE SUBMITTED PERMITS, INCLUDING ENGINEERING. WE SPENT MORE THAN $200,000 IN SOFT COSTS IN THE LAST SIX YEARS ON THAT PROJECT. AND THAT PROJECT WAS NEVER APPROVED BY MAKSYM'S. SO WE END UP LOSING TWO TENANTS OUT OF THE BUILDING. THAT'S WHY THAT THAT WAS NEVER MATERIALIZED. OTHERWISE YOU WOULD HAVE ALREADY A FOOTHOLD. IT TOOK SEVEN MONTHS TO GET OUR PERMITS BACK. SO THE PERSON THAT WAS GOING TO BUILD THAT FOOD HALL WITHIN THAT TIME FRAME, BUILD TWO OTHERS AND OPENED UP THOSE RESTAURANTS. SO, YOU KNOW, WE LOSE THEM IF IT TAKES THAT LONG TO GET GET IT APPROVED. AND SO THAT WAS A HARD ONE FOR US BECAUSE WE REALLY WORKED THEM FOR, FOR A LONG TIME. AND YOU BURN BRIDGES. SO THAT WAS CONCERNS ME WHEN WE'RE TALKING ABOUT MAKING DOWNTOWN LOOK GOOD. YES. WITH THE BUT IT WAS JUST DISCUSSED AND THAT'S JUST SUCH A I'M SORRY, IT IS AN EYESORE. AS WE DRIVE THROUGH TOWN, IS THERE ANYTHING YOU CAN DO WITH IT? WELL, WE ACTUALLY DID SOMETHING BETTER. WE DID ALL THE ALL, ALL THE ALL THE FENCES AROUND. WE CLEANED UP THE WHOLE BUILDING. I MEAN, WE COULD DO SOMETHING REALLY COOL WITH IT. BUT YOU KNOW, WE AT THIS POINT, WE DIDN'T KNOW WHAT WE'RE FOCUSING ON OTHER STUFF. WE GOT STUCK INTO THE GRIFFITH BUILDING BECAUSE WE NEVER, WE, WE BASICALLY LOST THE DIRECTION THAT WE WERE GOING FOR. WE EVEN MOVED OUR CONTAINERS THAT WE'RE GOING TO UTILIZE FOR THE PATIO AREA. SO THAT WAS SOMETHING THAT THE CITY WASN'T ON BOARD BEFORE. AND NOW I GUESS THEY'RE GETTING MORE ON BOARD. YOU HAVE DIFFERENT PEOPLE WORKING FOR THE CITY. THERE'S SOMETHING THAT WE COULD PROBABLY GO BACK AND AND TRY TO DO SOMETHING, BUT I ALREADY HEARD THAT YOU GUYS ARE DOING THE PARKLET IN THE STREET, SO YOU GOT TO UTILIZE THAT WHOLE AREA IF YOU DO THE PARKLET. SO THAT BASICALLY IF YOU DO THE PARKLET, WE CAN EITHER DO SOMETHING WITH THE LITTLE BUILDING THAT WE OWN OR WE CAN SELL THAT BUILDING TO THE CITY. SO YOU CAN, YOU KNOW, MAKE THAT PART BIGGER. OUR PARKLETS ONE BLOCK OVER. YOU'RE NOT GOING TO DO IT RIGHT THERE. OKAY, OKAY. WE COULD DO SOMETHING. I MEAN, HAVE OTHER PEOPLE DO IT, BUT WE NEED TO GO BACK TO THE PROJECT BY PROJECT SINCE WE GET STUCK ON THE GRIFFITH BUILDING FOR SO LONG. WE BASICALLY LEFT IT LIKE THAT UNTIL, YOU KNOW, WE WE HAVE A GROUP OF US FINDING SOMETHING THAT WE CAN ACTUALLY DO PROFITABLE THERE. SO IN THE MEANTIME, WE FINISHED LULA MAE, BECAUSE YOU'VE BEEN THERE. WE HAVE THE SIX APARTMENTS ON THE SECOND FLOOR THERE. AT LEAST WE HAVE MORE EVENTS COMING TO THE TO THE LYRIC BUILDING. I DON'T KNOW IF YOU'VE BEEN THERE. YOU DIDN'T GO TO THE SHOW, DID NOT. OKAY, WE HAVE A COUPLE MORE, A COUPLE OF MORE SHOWS. WE HAVE, WE'VE BEEN BOOKING THE THE PLACE. WELL, THE PEOPLE THAT WERE SUPPOSED TO BE DOING A LOT OF BOOKINGS. SO AND WE SPEND A LOT, A LOT OF MONEY ON THAT BUILDING AS WELL. WE SPENT MORE THAN $600,000 JUST ON RENOVATIONS ON THAT BUILDING ALONE, WHICH WE'RE DOING THE SAME THING WITH THE SKINNY BUILDING. SO I MEAN, WE'RE TRYING TO WORK WITH WITH THE WHOLE CITY AND TRY TO BRING NEW THINGS HERE SO YOU GUYS CAN LIKE IT AND NOT JUST YOU, BUT PEOPLE FROM OTHER PLACES WILL COME BACK. SO ON THE SKINNY BUILDING, KIND OF JUST HELP ME A LITTLE BIT ON THE RESTAURANT SIDE, HOW MANY, HOW, HOW MANY WILL IT SEAT? AND I WAS LOOKING AT JUST THE DESIGN. IT'S GOING TO BE CLOSE TO THE KITCHEN. 
          [00:35:01]
PROBABLY 60 PEOPLE. HOW MANY? ABOUT 60 PEOPLE. OKAY. IN BETWEEN INSIDE AND THE PATIO AREA AND THE. OKAY. AND WHERE'S THE KITCHEN IN THERE? WELL, THE KITCHEN IS NOT. WE'RE DESIGNING THE KITCHEN. WE JUST MADE THE ARCHITECT LAST WEEK TO REDESIGN THE KITCHEN BECAUSE IT USED TO THE WAY THAT WE LAID OUT THIS PLAN, IT JUST SHOWS THE BAR AREA, RIGHT? YOU KNOW, SINCE WE WE'RE NEGOTIATING THE LEASE WITH THE RESTAURANT, WE HAD TO GO BACK TO THE ARCHITECT AND REDESIGN THE KITCHEN. SO RIGHT NOW WE'RE IN THE PROCESS OF REDOING THE KITCHEN. AND I'VE NEVER ACTUALLY BEEN INSIDE THIS BUILDING. ARE IS THERE STAIRS THAT ARE GOING UP OR DOWN? NO, THEY USED TO BE A MEZZANINE. THAT WOODEN MEZZANINE INSIDE. OKAY. BUT WE TOOK IT OUT WHEN WE WERE FIXING THE WALLS. OKAY. WHICH IS NOW WHAT WE'RE STILL TRYING TO DO IS FIX THE WALLS. 
          THERE'S, YOU KNOW, A LOT OF THE BRICK ONCE YOU GO IN THERE AND RENOVATE, WE'VE GOT ABOUT TEN FEET OF ROTTEN BRICK ON THE BOTTOM FROM OUR NEIGHBORS. WATER POURING IN THERE. I GUESS THEY HAVE A LEAK THAT'S BEEN THERE FOR A LONG TIME. SO THAT'S WHY I HAVE MY PEOPLE KNOW YOU TAKE EVERY ROTTEN BRICK OUT IF YOU HAVE TO STABILIZE LITTLE BY LITTLE. BUT WE'RE WE'RE MAKING SURE WITH AT LEAST WHAT WE HAVE, THAT WE'RE NOT JUST MAKING IT LOOK PRETTY WITH SOME PAINT AND SHEETROCK, BUT WE'RE, YOU KNOW, NEW ROOF PLUMBING, WHICH NEW PLUMBING IS VERY, VERY CRUCIAL IN THESE BUILDINGS. WE CAN'T AFFORD TO LOSE ANY MORE BRICKS DUE TO MOISTURE. AND SO, YOU KNOW, RIGHT NOW THAT WE'RE DOING THAT, I HAD TO STOP WHAT WE'RE DOING SO WE CAN TREAT THIS, FIX IT, AND THEN, YOU KNOW, KEEP GOING. BUT WE ARE TRYING EVERYTHING THAT WE CAN RESTORE TO RESTORE IT. BUT SO THOSE CHALLENGES, YOU KNOW, COME UP AND WE'RE JUST TRYING TO DO IT RIGHT SO THAT WE'RE NOT THE ONES THAT, YOU KNOW, HAVE LEAKS AND RUIN OUR OWN BUILDING BY NOT DOING THINGS PROPERLY. I ALWAYS SAY IT'S THE, THE BONES BEFORE THE MAKEUP. I DON'T THINK I ASKED THIS QUESTION, WHAT IS YOUR ESTIMATED TIME TO DO THIS TYPE OF BUILDING? OH, THIS KIDNEY BUILDING. WE GOT A DELIBERATE DEFAULT FALL THIS YEAR. IF WE GET APPROVED. YEAH, THEY'RE READY. AND WE ARE, YOU KNOW THE CONSTRUCTION ON THAT. WE CAN MOVE REALLY FAIRLY QUICK ON THAT. THANK YOU FOR YOUR ENTHUSIASM FOR TERRELL. I APPRECIATE THAT. I HAVE BEEN IN THIS BUILDING RECENTLY, AND IT'S AMAZING HOW MUCH BIGGER IT FEELS WHEN YOU GET INSIDE THAN IT IS FROM THE OUTSIDE. I THINK ONE OF THE THINGS I NOTICED IS, IS WE'RE ADDING PUBLIC RESTROOMS AND AN OUTDOOR PATIO THAT WILL SERVE THE ENTIRE DOWNTOWN, NOT JUST CUSTOMERS. DO YOU ENVISION MAYBE DURING AN EVENT IN TOWN THAT PEOPLE WOULD BE ABLE TO SIT IN THAT PATIO AREA? BECAUSE I KNOW THAT PARKING LOT SOMETIMES HOSTS A LOT OF TABLES AND CANOPIES AND VENDORS. WELL, HE'S USUALLY PEOPLE THAT WILL USE THE RESTAURANT. I MEAN, FOR THE PATIO. OKAY. BECAUSE OTHERWISE THEN, YOU KNOW, THERE'LL BE SOME IT'LL BE A MESS. IT'LL BE A MESS. YES. FOR THE RESTAURANT. YEAH. AND THE MAINTENANCE AND THE CLEANING AND EVERYTHING IS RESPONSIBILITY OF THE RESTAURANT. OKAY. ANYTHING THAT'S LANDSCAPING OR, YOU KNOW, CLEANUP AROUND THAT AREA. SO IT WOULD JUST BE REALLY THE BATHROOM ON THE OUTSIDE, THE ONE THAT WE WOULD. AND THEN THEY'RE GOING TO HAVE ACCESS TO THE RESTAURANT. THE TWO PUBLIC RESTROOMS ARE, THEY'RE GOING TO HAVE ACCESS TO THE RESTAURANT. 
          THE RESTAURANT HAS ITS OWN RESTAURANT. SO THE PATIO YOU'RE TALKING ABOUT IS IN THE PICTURE. 
          IS THAT GLASSED IN? IT'S ON THE GLASS THAT IT'S GOING TO HAVE INSIDE THE BUILDING. THAT'S WHERE THE ACTION IS GOING TO BE. WE HAVE WE'RE GOING TO HAVE THREE OPENINGS ON THE BUILDING TO THE PATIO, AND TWO OF THEM ARE GOING TO BE DOORS FOR ACCESS, AND THE OTHER ONE IS GOING TO BE FOR THE ACCESS TO THE BAR AND KITCHEN. I'LL JUST SAY MY OPINION AND EVERYBODY ELSE GETS THEIR OWN VOTE IN THEIR OWN OPINION. BUT FOR ME, THE THE CITY MATCH OF 250 FOR THE SQUARE FOOTAGE. AND LIKE, THAT'S JUST A LITTLE BIT OF A HEARTBURN FOR ME COMPARED TO SOME OF THE OTHER PROJECTS THAT WE HAVE GIVEN REIMBURSEMENT FOR. HOWEVER, I THINK THAT THE PUBLIC RESTROOMS ARE A HUGE. I WOULD ALMOST PERSONALLY PREFER THAT TO BE SEPARATED IN A REQUEST FOR REIMBURSEMENT FOR US, BECAUSE FRANKLY, THAT IS A DOLLAR AMOUNT THAT I DON'T THINK THE CITY. IF BUILDING THOSE RESTROOMS BY THEMSELVES WOULD GET TO. AND SO, AND I, I THINK THAT THAT IS A GREAT NEED DOWNTOWN. MORE SO THAN OBVIOUSLY WE WOULD LOVE TO SEE THIS BUILDING BE RENOVATED TO THIS. BUT THE DOLLAR AMOUNT FOR THE SQUARE FOOTAGE FOR ME IS HARD. SO. I DON'T KNOW WHAT EVERYBODY ELSE'S FEELINGS ARE. BUT IF THE 250 IS NOT SOMETHING THE BOARD WANTS TO DO, THEN I WOULD LOVE FOR YOU GUYS TO COME BACK WITH JUST THE PUBLIC RESTROOM PART OF IT, AND LET'S HAVE A CONVERSATION ABOUT THAT, OKAY? I THINK THE DOLLAR AMOUNT 
          [00:40:01]
IS RELATIVELY LOW COMPARED TO THE IMPACT I'M EXCITED TO SEE. I MEAN, MY ASSUMPTION WHEN Y'ALL. THANK YOU. CLEAN WHITE WASH THAT WALL WAS THAT WE HAD ANOTHER MURAL COMING UP. THIS IS TO ME IS A GREATER RETURN THAN A MURAL WOULD GIVE US. I, I LIKE THE PUBLIC INFRASTRUCTURE. I'M GLAD THAT THEY'RE WILLING TO DO IT BECAUSE IF THE CITY WERE TO GO OUT FOR BIDS, IT WOULD BE TWICE AS MUCH. SO I HOPE WE CAN GET BEHIND THAT PUBLIC IMPROVEMENT AS A BOARD. AND IF THAT'S LIKELY 100,000 OF THE BUDGET, NOW WE'RE LOOKING AT 150,000 TOWARDS. AGAIN, MAKING THIS MORE THAN JUST A MURAL. AND I RECOGNIZE THE FACT THAT Y'ALL ALSO OWNED THE LARGEST BUILDING ON THIS BLOCK. AND YOU'RE TRYING TO CREATE SOME VISUAL INTEREST AS WELL AS USE, YOU KNOW, BETWEEN THE COMPUTER REPAIR AND THE HEAD SHOP OR WHATEVER'S BETWEEN THE TWO TRYING TO DRESS UP THAT BLOCK BEFORE YOU MAKE AN ENORMOUS INVESTMENT IN THE ANDERSON BUILDING. I AGREE WITH SARA. WE WE KIND OF NEED TO KEEP MOVING. 
          ON THE OTHER ON THE GRIFFIN BUILDING, EVEN THOUGH Y'ALL HAVE DRESSED IT UP QUITE A BIT. 
          AND I DO ACKNOWLEDGE THAT WITH THE FENCING, WITH THE PAINT TAKING OUT THE DANGEROUS WALLS THAT WERE FALLING DOWN, BUT IT IS A GAP IN THE TOOTH IN THE DENTAL WORK OF THAT SIDE OF THE STREET. SO I'M GLAD TO HEAR THAT Y'ALL ARE. I'M GLAD TO UNDERSTAND THE REASON BEHIND IT. 
          IT MAKES SENSE TO ME, AND I KNOW THAT Y'ALL WOULD LOOK TO REVISIT THAT IN THE FUTURE. I THE LAST THING THAT I'LL SAY IS I THINK THE CITY PROBABLY OWNS THE SPACE WHERE THE PATIO WOULD GO. SO A PART OF THIS IS, I ASSUME, ASKING THE CITY TO DONATE THAT LAND AS OPPOSED TO PURCHASING THAT LAND. I DON'T KNOW IF THAT'S BEEN A PART OF THE CONVERSATION. THAT WAS AT ONE POINT PART OF THE CONVERSATION. YOU KNOW, AT ONE POINT WE HAD WE WERE REQUESTING, I THINK IT WAS ABOUT A MILLION, 2 MILLION, ONE, $1.2 MILLION TO DO THE WHOLE PROJECT. AND 50% WAS GOING TO BE THE CITY BUDGET. BUT WE COULDN'T GET TO AN AGREEMENT WITH MIKE SIMS. AND I GUESS THEY JUST PUT US ON THE SIDE AND WE COULDN'T GET ANYTHING DONE. SO WE LOST TWO TENANTS, INCLUDING THE THE FIRST. I MEAN, WE HAVE DESIGNS APPROVED WITH MEPS FOR ENGINEERING FOR THE FOOD HALL. YOU KNOW, THE WAY I LOOK AT THE LAND, I'M A VERY BENEVOLENT PERSON WHEN IT COMES TO THE CITY'S MONEY, AND I DON'T THINK ANYONE WOULD EVER DO ANYTHING WITH THIS LITTLE STRIP OF LAND. IT WOULD JUST STAY PUBLIC. I'M TALKING ABOUT THE SKINNY BUILDING. SORRY. NOT SORRY. I THOUGHT IT WAS A GRIFFIN. YEAH, SORRY. I'M TALKING ABOUT THE PATCH OF GRASS WHERE THE PATIO WOULD GO. AND I THINK Y'ALL ARE ASKING THE CITY TO DONATE THAT GRASS. IT WOULD NEVER BE USED. RIGHT? WE'RE TALKING ABOUT 100 YEAR GROUND LEASE OR SOMETHING LIKE THAT. OKAY. YEAH. OKAY. SO ALL THAT SAID, I WANT OUR BOARD TO CONSIDER THIS OR THROUGH THE LENS OF WE'RE SPENDING PUBLIC DOLLARS FOR, FOR PUBLIC INFRASTRUCTURE AND A RESTROOM, BUT ALSO A PRIMARY ENTRANCE TO OUR DOWNTOWN. WHAT'S THE HIGHEST AND BEST USE OF THIS SPACE? AND I THINK THEY'VE COME UP WITH SOMETHING CREATIVE AS OPPOSED TO A MURAL. I THINK REALISTICALLY, THERE'S NOT A WHOLE LOT OF USES FOR AN EIGHT FOOT WIDE BUILDING, INCLUDING A RESTAURANT, UNLESS YOU ADD ON THE PATIO. SO I APPRECIATE THE CREATIVITY. I SUPPORT IT BECAUSE AGAIN, I LOOK AT IT LIKE HILLARY WAS ALLUDING TO BREAKING OUT THE RESTROOMS AS A, YOU KNOW, $100,000 PUBLIC IMPROVEMENT FOR DOWNTOWN, WHICH DOWNTOWN ROCKWELL HAS RESTROOMS, DOWNTOWN CANTON HAS RESTROOMS, DOWNTOWN SULFUR SPRINGS HAS PUBLIC RESTROOMS, AND THEN AN ADDITIONAL $150,000 GOING TOWARDS DRESSING UP THAT ENTRANCE TO DOWNTOWN TERRELL. I WANT TO ASK HILLARY A QUESTION. HOW DID YOU FIGURE THE SQUARE FOOTAGE? TELL ME HOW YOU ARRIVED AT THAT. I MEAN, I DON'T KNOW THE I DON'T I DON'T KNOW THE ACTUAL SQUARE FOOTAGE. 
          I'M JUST LOOKING AT THE NUMBER OF BODIES THAT WOULD BE ABLE TO BE IN THE BUILDING AT ANY GIVEN TIME VERSUS THE AMOUNT. I'M JUST, YOU KNOW, WE'VE MADE AN INVESTMENT IN THE ANDERSON BUILDING OF 400,000. WE'VE MADE AN INVESTMENT IN THE LULA MAIN BUILDING, I THINK, OF 250 AT THIS POINT. SO I'M JUST LOOKING AT WHAT WE'VE GIVEN TO OTHER BUILDINGS AND HOW LARGE THEY ARE. AND I UNDERSTAND LIKE, THIS IS A HUGE IMPACT AND YOU HAVE TO CONSIDER THAT TOO. I JUST HOW MANY PEOPLE AT A TIME CAN BE IN THERE VERSUS OUR INVESTMENT IS KIND OF WHAT I'M STRUGGLING WITH. I JUST WANTED TO UNDERSTAND WHERE YOU WERE GOING WITH THAT. AND I'M NOT VERY GOOD WITH FIGURING SQUARE FOOTAGE. I WAS GOING TO ASK THIS. I SEE THE BUILDING'S 
          [00:45:02]
EIGHT BY 90, SO THAT'S 720FT IS THE PATIO IS GOING TO BE PRETTY COMPARABLE. IT LOOKS LIKE IT ON THE DRAWING. IT'S YEAH, IT'S DESIGNED BY ARCHITECTS. SO IT'S GOING TO BE PRETTY COMFORTABLE 1400 SQUARE FEET. GIVE ME A NARROW PATIO. BUT YOU KNOW IT'S GOING TO BE SOMETHING SPECIAL. 
          WELL WE WANT TO DO LIKE THE PATIO. IT'S NOT GOING TO BE THE FULL LENGTH OF THE BUILDING BECAUSE THAT'S THE WHOLE POINT TO MAKE IT A STAPLE, LIKE THE SKINNIEST BUILDING NOT IN JUST IN TAYLOR KAUFMAN OR TEXAS, BUT IN THE WHOLE US. THE ONE THAT BEATS US IS A PUB BY ONE FOOT, AND IT IS ALSO A LITTLE DESTINATION STAPLE VIRAL PLACE. SO THAT'S WHY WE THOUGHT WE STILL WANT TO CONTINUE, THAT WE ARE STILL THE SKINNIEST, YOU KNOW? BUT WE STILL GOT A LITTLE CHUBBY IN THE MIDDLE, YOU KNOW, BUT SO WE CAN CONTINUE BEING A LITTLE STAPLE AND TELL THE STORY TO PEOPLE, YOU KNOW, TELLING THE STORY. YOU KNOW, IF YOU TELL THE STORY, YOU MAKE, YOU KNOW, JUST LIKE I TOLD YOU ABOUT THE HISTORY, ABOUT THE BUILDING, BUT, YOU KNOW, IT'S THE NEAREST BUILDING IN THE UNITED STATES. THAT'S WHAT WE'RE GOING TO CALL IT. AND WE FOUND OTHER BUILDINGS AND THEY'RE NOT UTILIZING IT, UTILIZING THOSE BUILDINGS THE WAY THEY SHOULD, YOU KNOW, LIKE THEY HAVE IN NEW YORK, A BUILDING THAT'S SEVEN FOOT WIDE, BUT IT'S JUST AN ATTIC. AND THEN THEY HAVE THE IN CORSICANA, THE, THE, THE, THE HIGH RISE BUILDING, THEY HAVE THOSE TEN FEET WIDE, TEN BY TEN AND 40FT TALL. I DON'T KNOW, YOU KNOW, THAT ONE. BUT LET ME MAKE SURE I UNDERSTAND THIS DRAWING IN THE PACKET THAT THEY GAVE US A SUPPLEMENTAL PACKAGE. PAGE TWO. ALL RIGHT. SO THE ORIGINAL SKINNY BUILDING IS THE ONE THAT'S KIND OF HIGHLIGHTED WITH THE BORDER AROUND IT. AND THEN YOU CAN, YOU CAN REALLY TELL FROM IF YOU DON'T SEE THE BUILDING, THE FACE OF THE BUILDING, YOU THINK IT'S PART OF THE OTHER BUILDING. AND THEN THE PATIO ON THIS DRAWING IS WHERE THE TABLES ARE. YES, I THINK IT'S PRETTY. YOU DON'T THINK THAT'S PRETTY COMPARABLE TO THE SIX, THE SEVEN, THE EIGHT BY 70. WHAT IS IT, EIGHT BY 90 OR THE PATIO IS GOING TO BE SMALLER THAN. IT'S A LITTLE SMALL. IT IS A LITTLE SMALLER. OKAY. IT'S NOT I DON'T THINK THAT'S SIGNIFICANTLY SMALLER, BUT YEAH, I CAN SEE HOW IT COULD BE, BUT IT'S GOING TO BE ABOUT THE SAME WIDTH EIGHT BY WHATEVER. YES, YES. SO WE HAD TO PUT A NEW ROOF. WE HAVE TO PUT A BRAND NEW STRUCTURE. SO IT'S MORE LIKE THE CUTESY WHERE YOU CAN HAVE BREAKFAST WITH 2 TO 3 TABLES, YOU KNOW, BY THE WINDOW. OKAY, SO NOW THERE'S A PARKING SPACES, IT'S GOING TO HAVE TO BE ADJUSTED AND THERE'LL BE ADJUSTED MORE EASTWARD, RIGHT? THERE'S, THERE'S A LITTLE SIDEWALK RIGHT NEXT TO THE PARKING LOT. WHAT IS THE SIDEWALK? YES. AND IT'S ACTUALLY HANDICAPPED ALREADY. 
          SO WE'RE GOING TO BE ADJUSTING. WE'RE GOING TO HAVE AN EMERGENCY EXIT ON THE PATIO THAT WILL BASICALLY LAND IN THAT AREA. ARABIA. CAN YOU PULL UP STREET VIEW ON GOOGLE MAPS OF IS IT 213 EAST MORE? WHAT'S THE ADDRESS ON SKINNY BUILDING? THE. 213 YEAH. TWO YEAH. 213 EAST MORE. I WOULD SAY THAT THIS IS JUST A LITTLE DIFFERENT, PROBABLY MORE ATTRACTIVE FOR DOWNTOWN, BUT MY CONCERN IS KIND OF LIKE WHAT SARAH WAS TALKING ABOUT. WE INVESTED IN THE ANDERSON BUILDING AND WE STILL KIND OF HAD A STANDSTILL. AND WITH THAT, WELL, IF, YOU KNOW, WE'RE COMING BACK ACROSS THE STREET TO INVEST OVER HERE AND WE DON'T WANT THE SAME SITUATION. YEAH, WE I'M GOING TO TELL YOU A LITTLE HISTORY ABOUT THE ANDERSON BUILDING. WE TRIED TO DO SEVERAL THINGS AND WE WERE STOPPED BY THE PREVIOUS, I GUESS, ADMINISTRATION SEVERAL TIMES. WE HAD PRESENTED SEVERAL PLANS BEFORE. ONE OF THEM WAS APARTMENTS, ONE OF WHICH WAS APARTMENTS AND MIXED USE WITH A PATIO UPSTAIRS. IT WAS ALSO A HOTEL. WE HAVE SPENT A LOT OF MONEY ON DESIGNING THE HOTEL, AND WE HAVE A CHAIN OF HOTELS, MARRIOTT FOR A BOUTIQUE HOTEL, AND WE PRESENTED PLANS, WE PRESENTED ALL KINDS OF THINGS AND WE WERE NEVER APPROACHED BY THE PREVIOUS ADMINISTRATION TO HELP US, YOU KNOW, DECIDE IF YOU GUYS REALLY WANTED A HOTEL IN DOWNTOWN. SO THAT WAS A BIG ISSUE HERE FOR US. AND THAT'S WHY WE'RE WAITING RIGHT NOW. WE HAVE MARRIOTT THAT WANTS TO TAKE THEY WANT US TO BUY THE FRANCHISE, MAKE A BOUTIQUE HOTEL. AND THAT'S WHERE WE ARE RIGHT NOW. THAT'S WHAT WE'RE HOLDING FOR. SO WE WERE HOLDING THE ANDERSON BUILDING FOR THE BEST USE. AND WE THINK THE BEST USE FOR THAT BUILDING IS A HOTEL. WE ALREADY DESIGNED A 50 ROOM HOTEL WE NEED RIGHT NOW TO GO. I DON'T WANT TO DO ANYTHING UNTIL I GET AT LEAST A LOT OF PEOPLE ON BOARD OF THAT PLAN, BECAUSE WE HAD TO SPEND ABOUT $200,000 ON FULL SET OF PLANS FOR MARRIOTT, AND I DON'T WANT TO SPEND THAT KIND OF MONEY IF 
          [00:50:05]
I DON'T HAVE THE CITY ON BOARD WITH US. YEAH, THAT'S THAT'S THE THAT'S THE HISTORY OF THE ANDERSON BUILDING. SO WE'RE TRYING TO GET THE BEST USE. AND, YOU KNOW, WE'VE BEEN DOING THIS FOR 25 YEARS. AND YOU KNOW, WE HAVE REALLY GOOD IDEAS. WE WE HAVE WE'VE DONE A LOT OF BUILDINGS. BUT AT THE SAME TIME, WE CAN'T GET EVERYBODY ON BOARD SOMETIMES. AND THIS IS ONE OF THOSE DEALS. I WANT TO POINT OUT THAT WHEN THE BUY A BUILDING. UNLIKE THE CITY OF TERRELL, THEY AT LEAST SHORED UP AND THEY MAKE IT AS ATTRACTIVE AS POSSIBLE UNTIL IT MAKES FINANCIAL SENSE FOR THEM, WHICH THEY'RE PRIVATE INVESTORS TO TRANSFORM THE BUILDING INTO SOMETHING SPECIAL. SO WITH THE MARRIOTT OPPORTUNITY, I MEAN, IT'S HARD TO THINK LIKE TODAY THAT A HOTEL IN DOWNTOWN TERRELL IS GOING TO SUCCEED. BUT THEY HAVE VISION AND THEY'RE THEY'RE DOING THIS MARATHON. IT'S NOT A SPRINT THIS LONG TERM. I MEAN, THE FACT THAT THEY HAD THE WHEREWITHAL TO PURCHASE THE PROPERTY BEHIND IT, THE OLD WELLS FARGO DRIVE THROUGH BECAUSE THAT BUILDING IS GOING TO NEED PARKING. BUT THEY DIDN'T JUST BUY THE BUILDING AND TEAR IT DOWN OR LEAVE IT VACANT SO THAT THEY HAD ACCESS TO PARKING. THEY TURNED IT INTO A BIT, YOU KNOW, GAVE IT OUT, GAVE IT, BUT, YOU KNOW, LEASED IT TO A BUSINESS THAT'S THRIVING OVER THERE. AGAIN, I CAN'T IGNORE THE FACT THAT THIS IS IN THE SAME BLOCK AS THEY TRY TO CREATE SYNERGY FOR FUTURE OPPORTUNITIES TO DRESS UP THIS BLOCK. AND THEY THEY HAVE TO STRIKE WHEN THE IRON'S HOT. SO THIS IS THE ONLY BUILDING, YOU KNOW, THAT WAS ONLY BUILDING FOR SALE IN THE BLOCK. I'M SURE THEY WOULD HAVE HAD INTEREST IN THE FINANCE COMPANY BUILDING, MAKING IT SOMETHING SPECIAL BECAUSE IT ALL TIES TOGETHER. THE OTHER THING I WANT TO POINT OUT IS, I THINK WAS YOUR FIRST INVESTMENT IN TERRELL ABOUT FIVE YEARS AGO, FOUR YEARS AGO, 2020, 2020. YEAH. OKAY. SO I FEEL LIKE IN A RELATIVELY SHORT AMOUNT OF TIME, I'M GOING TO POINT THIS OUT. I DON'T KNOW IF Y'ALL HAVE EVER SEEN THIS SILLY LITTLE VIDEO THAT THE CHAMBER SLASH THE SCHOOL DISTRICT DID WITH ELLIE, MY DAUGHTER, WHEN SHE WAS LIKE IN KINDERGARTEN. SO THAT WAS 2020, 2021. AND IT WAS HER GOING AROUND DOWNTOWN. TERRELL. WE WERE TRYING TO QUALIFY FOR THE HOMETOWN. WHAT'S IT CALLED? LIKE A TV SHOW WHERE THEY COME TRANSFORM DOWN HOMETOWN TAKEOVER. I WATCHED THAT VIDEO AGAIN RECENTLY AND I WAS LIKE, OH MY WORD, WE'VE DONE A LOT IN FIVE YEARS. THE HUMMINGBIRD SLASH LULA MAE WAS A DUMP. YOU KNOW, IT STILL SAID AS YOU PULLED INTO DOWNTOWN TERRELL, IT STILL SAID TRIPLE A BAIL BONDS ON THE SIDE OF A BUILDING. THE ANDERSON BUILDING DID NOT HAVE. YOU KNOW, IT WAS MISSING WINDOWS WAS IN TERRIBLE CONDITION. THERE HAS BEEN SO MUCH THANKS TO Y'ALL. THANKS TO Y'ALL. THAT HAS HAPPENED IN DOWNTOWN TERRELL. AND WHAT I FEEL LIKE IS A RELATIVELY SHORT AMOUNT OF TIME. MY POINT BEING THERE IS MOMENTUM, OKAY, THERE ARE VERY FEW DEVELOPERS. LET'S BE REAL CLOSE YOUR EARS. THERE ARE VERY FEW DEVELOPERS THAT ARE INVESTING MEANINGFUL DOLLARS IN DOWNTOWN TERRELL. THERE'S TWO. OKAY. WHETHER IT'S THIS PROJECT OR OTHER PROJECTS THAT ARE A PUBLIC PRIVATE PARTNERSHIP, I FEEL LIKE THE FACT THAT THAT WE'VE BEEN ABLE TO MOVE SO QUICKLY IS BECAUSE WE STRIKE WHEN THE IRON'S HOT, WHEN WE HAVE SOMEONE IN FRONT OF US WILLING TO INVEST HUNDREDS OF THOUSANDS OF DOLLARS INTO A SMALL BUILDING, THAT'S KIND OF SILLY. OKAY, IT'S KIND OF SILLY, BUT THERE I AM. I RECOGNIZE THAT THEY'RE IN THIS FOR THE LONG HAUL. WE CAN LOOK UP IN ANOTHER FIVE YEARS AND MAYBE HAVE A MARRIOTT BOUTIQUE HOTEL IN DOWNTOWN TERRELL. NO WAY THAT THAT WOULD HAPPEN WITHOUT THIS TYPE OF PARTNERSHIP. SO I RECOGNIZE THAT WE HAVE TO BE VERY FRUGAL WITH OUR BUDGET. WE HAVE A VERY I FEEL LIKE IT'S A VERY LIMITED BUDGET. WE'RE IN A GOOD PLACE IN MOST OTHER PROJECTS DOWNTOWN. RAYLAN'S GOING TO SHOW US IN DETAIL IN A MINUTE THAT WE CAN AFFORD TO DO A CERTIFICATE OF OBLIGATION AND BORROW SOME ON THE CATHERINE STREET PUBLIC IMPROVEMENT AND THE LIGHTING PROJECTS. BUT BEYOND THAT, Y'ALL, WE'RE DEPENDENT ON PRIVATE BUILDING OWNERS TO COME TO US WITH IDEAS AND INVESTMENT. WE CAN'T AFFORD MUCH MORE THAN THAT. SO ALL THAT TO SAY, I FEEL LIKE THIS IS A RELATIVELY SMALL INVESTMENT FOR A VERY IMPORTANT ENTRANCE TO DOWNTOWN. AND I REALLY WANT TO JUST FOCUS ON THIS SKINNY BUILDING. I GET IT, I'M IN BUSINESS, WE LOSE MONEY, WE GOT TO MOVE ON. I WOULD ENCOURAGE STAFF IF IT 
          [00:55:09]
SOUNDS LIKE THAT'S A CONCERN OF OUR BOARD, IS TO TALK TO THE UNIONS ABOUT THE ANDERSON BUILDING OR WHATEVER BUILDINGS THAT WE FEEL LIKE THEY DIDN'T MOVE AS QUICKLY ON. BUT I TAKE YOU AT YOUR WORD. IF YOU SAY YOU CAN FINISH THIS BY FALL, WE'LL HOLD IT. THAT'S THE GOAL. 
          WE BY FALL, WEATHER HAPPENS, THINGS HAPPEN. BUT I'M NOT WAITING TILL NEXT FALL. I'D BE DISAPPOINTED. NO, NO. WE ARE. WE'RE TRYING TO. I MEAN, THAT'S WE'RE. AS SOON AS WE GET THE THE THE NEW PLANS BECAUSE WE ACTUALLY HAD THE PERMITS FOR THE BAR, BUT WE DIDN'T WANT TO DO THE BAR UNTIL WE FIND A TENANT, BUT WE FOUND A TENANT THAT'S ACTUALLY WANTING TO COME TO TERRELL AND OPEN THAT CONCEPT LIKE THAT BASED ON THIS AGENDA ITEM, I'M OKAY WITH WHAT YOU'VE PRESENTED, AND I THINK YOU'VE ANSWERED ALL MY QUESTIONS TO MOVE FORWARD. 
          THANK YOU. THANK YOU, I APPRECIATE IT. I'D LIKE TO ECHO THAT. I THINK THIS IS ALMOST CONSIDERED LIKE AN END CAP, BECAUSE I THINK THIS IS VIEWABLE FROM NOT ONLY THE 34 OVERPASS, BUT ALSO ANYONE COMING INTO TOWN. AND I THINK IT'S MAXIMUM VISIBILITY. IF YOU CAN GET THIS ONLINE BY THE END OF THE YEAR. I THINK IT'S A GOOD INVESTMENT FOR THE CITY. 
          WE HAVE A BIG CHECK MARK THAT WE CAN SAY, HEY, WE HAVE ANOTHER PLACE TO TO DINE DOWNTOWN. AND IT ALL KIND OF BUILDS INTO THIS MOMENTUM. WE JUST APPROVED THIS, THIS OTHER PROJECT DOWNTOWN AND IT'S IT'S GOING TO BE A WHILE BEFORE THAT'S READY. SO THIS IS SOMETHING I THINK WE CAN FEEL THE IMPACT VERY QUICKLY. I KNOW THE CITY REALLY DOES A GOOD JOB BUYING PIECES OF PROPERTY FOR PARKING LOTS AND, AND, AND THE GRASS, BUT I THINK IT'S A REALLY GOOD COMBINATION OF BEING ABLE TO, TO USE YOUR CREATIVITY AND, AND, AND THIS VALUABLE PIECE OF PROPERTY AND MAKE SOMETHING QUICKLY AVAILABLE TO OUR CITIZENS AND, AND THOSE VISITORS TO TOWN. SO I'M EXCITED ABOUT IT. AND I JUST WANTED TO ADD A LITTLE MORE ABOUT THE ANDERSON BUILDING. I KNOW THE CITY SPENT QUITE A BIT OF MONEY ON THE WINDOWS, WHICH WAS GREAT, AND WE APPRECIATED ALL THAT. BUT WE ALSO SPEND A LOT OF MONEY ON DOING ALL THE DEMOLITION INSIDE TO LEAVE THE BUILDING READY FOR FOR THE NEXT STEP. SO, YOU KNOW, WE HAD TO GO THROUGH, GET ASBESTOS OUT. WE GOT IT. THE WHOLE GYM THAT WE USED TO HAVE ALL THAT STUFF. I MEAN, IT COSTS MONEY. IT'S NOT JUST THE WINDOW. SO I MEAN, FOR ME, YOU KNOW, THE PROJECT IS ACTUALLY ACTUALLY MORE AFFORDABLE TO US BECAUSE I DON'T CHARGE MYSELF. 
          YOU KNOW, IF I HAD CHARGE MYSELF, IT DOESN'T EVEN PAY ME 30%, 30% INCREASE ON ALL THE DEVELOPMENTS THAT WE'RE DOING. IT'LL BE MORE EXPENSIVE. SO WE'RE TRYING TO KEEP A BUDGET LOWER BECAUSE WE KNOW THESE BUILDINGS. ONCE YOU OPEN THE DOOR, YOU DON'T KNOW WHAT YOU'RE GETTING INTO. THERE WILL BE WE FOUND SHALLOW WALLS THAT YOU HAVE TO BUILD THEM FROM GROUND UP AGAIN WITHOUT CUTTING CORNERS, SO WE CAN HAVE THESE BUILDINGS FOR ANOTHER 200 YEARS. 
          LIKE THAT'S MY MAIN THING, AT LEAST TO, YOU KNOW, LIKE THAT WALL IN THE SKINNY BUILDING WAS STABILIZED, THAT WALL, EVERYTHING THAT'S FALLING OR, YOU KNOW, DISINTEGRATING JUST REPLACED IT, YOU KNOW, TO GET THE BONES. SO IT'S SO MUCH EASIER TO GET ANYBODY IN ONCE YOU HAVE, YOU KNOW, GOOD PLUMBING AND A GOOD STRUCTURE. THE REST, I THINK IS PRETTY EASY TO DO. IT'S, IT'S AND THAT'S WHAT WE'VE DONE TO ALL OUR BUILDINGS. WE EVEN ALL THE INFRASTRUCTURE IS NEW. SO PLUMBING, ELECTRICITY, AIR CONDITIONERS, ALL THAT STUFF IS BRAND NEW. SO WE DON'T WANT TO HAVE ANY MORE PROBLEMS. LIKE, YOU KNOW, LIKE RIGHT NOW WE'RE TRYING TO RENOVATE THE BUILDING AND WE KNOW THE NEIGHBOR HAS ONE OF THOSE CAST IRON PIPES AND IT'S LEAKING THROUGH THE WALL FROM THE BOTTOM. SO I MEAN, THERE'S THOSE ISSUES. I MEAN, IT'S HARD TO COME BY AND HARD TO FIX. SO MAYBE THE CITY ALSO NEEDS MAYBE WE CAN THERE'S A FUND THAT CAN BE CREATED FOR THE INFRASTRUCTURE OF MOST OF THE BUILDINGS THAT ARE ACTUALLY GOING TO STAY THERE. AND NOBODY'S DOING ANYTHING. BUT, YOU KNOW, LITTLE BY LITTLE, THEY'RE DAMAGING THE BUILDINGS NEXT DOOR. JUST LIKE WHEN THE CHAPMAN BUILDING WAS, THEY LEFT THE THE WIRE OPEN FOR YEARS. IT DAMAGED ALL THE FLOORS FROM THE BUILDING'S NEXT DOOR. AND, YOU KNOW, THE CITY THOUGHT IT WAS IT WAS A GROUNDWATER AND THERE WAS NO GROUNDWATER THERE. IT WAS JUST A LEAK FROM THE CITY. IT WAS, YOU KNOW, WATER FROM THE CITY THAT WAS CREATING THE EROSION AND ALL THOSE BUILDINGS. ROLAND, I HAVE A QUESTION FOR YOU. SHOULD THIS BE APPROVED? IS THERE A MECHANISM IN THE CONTRACT THAT WOULD REQUIRE A COMPLETION DATE? AND SO THAT WAS GOING TO BE MY QUESTION FOR Y'ALL. WHENEVER YOU WANT TO MAKE A MOTION. SO WE NOW HAVE THE STANDARD PERFORMANCE AGREEMENT THAT GOES WITH ALL OF OUR GRANT APPLICATIONS. AND SO IT'S JUST Y'ALL CAN SPECIFY, YOU KNOW, AT INVOICING AT C O, AND YOU CAN ALSO PUT A DEADLINE 
          [01:00:06]
FOR FUNDING. SO THOSE ARE KIND OF THE THREE MAIN ITEMS THAT YOU LOOK AT WHENEVER YOU MAKE THIS MOTION. AND THEN WE JUST DO THE STANDARD. SO IF IT'S NOT COMPLETED BY THAT DATE, DO THEY REFUND MONEY TO US? SO THAT WOULD BE THE QUESTION. EITHER YOU DO PAY AS INVOICE OR YOU PAY UPON COMPLETION, WHICH WOULD BE YOUR CEO. AND SO THEN THAT THAT'S UP TO YOU BECAUSE YOU'VE DONE IT BOTH WAYS. AND THEN SO IF YOU PAY BY INVOICE UP TO A CERTAIN AMOUNT, THEN YEAH, THEY DIDN'T MEET THAT DEADLINE, THEN THE MONEY WOULD BE DUE BACK. BUT FOR YOU, YOU USE C O BIAS AND YOU KNOW, IF YOU'RE GOING TO DO IT, I WANT TO SEE IT DONE. WHEN YOU SAY IT'S GOING TO BE DONE, THAT'S WHAT WE'RE OCCUPIED. WHEN YOU SAY IT'S GOING TO BE OCCUPIED. 
          THE OTHER THING I WANTED TO SAY, BECAUSE I KNEW A LITTLE BIT ABOUT THE BUILDING, BUT I DIDN'T KNOW AS MUCH AS YOU SAID, AND I WOULD STRONGLY ENCOURAGE YOU TO WORK WITH SOMEBODY TO GET A HISTORICAL MARKER ON THAT BUILDING, AND THEN YOU WOULD HAVE THAT LISTED IN ALL PUBLICATIONS ALL ACROSS THE STATE, ALL ACROSS THE NATION. ANYBODY THAT FOLLOWS HISTORICAL MARKERS. AND THAT'S BASICALLY WHAT WE'RE GOING TO DO. WHEN WE DO THE PERFORMANCE AGREEMENTS. 
          IS IT FAIR TO START THE TIMING FROM WHEN THEY GET THEIR PERMITS? YEAH, OKAY. FOR SURE. 
          WE DON'T RUN INTO ANOTHER SEVEN MONTH ISSUE. SO IF THEY SAY THAT IT'S A 12 OR AN 18 MONTH BUILD OUT, THEN I WOULD JUST LET Y'ALL KNOW WHEN THAT BUILDING PERMIT WAS APPROVED SO THAT Y'ALL WOULD KNOW WHEN IT WAS OKAY. YEAH. CARLTON, FROM THE TOP, SIDE, JUST ADDRESS YOUR CONCERNS. WE DON'T DO ANYTHING THAT'S NOT PERFORMANCE BASED. YES, YOU DO YOURS FIRST. 
          WE WRITE YOU A CHECK SECOND. SO IF YOU WANTED TO GO FROM SORRY, LOUIS, YOU WANT TO GO TO YOU GET IT DONE. YOU GET YOUR CEO. WE'RE GOING TO WRITE YOU A CHECK FOR. THAT. I MEAN, FOR WHATEVER THEY'VE ASKED FOR. AND I THOUGHT JUST LITTLE PIECE. ONCE YOU GET IT DONE, WE'LL DO THAT. THEN. YOU'RE CONTRACTUALLY BOUND. HIS BANKER LIKES IT. Y'ALL LIKE IT. THEY GET A CEO, SEND IT OVER. AND YOU EVER CONSIDERED. AND, CARLTON, MAYBE YOU COULD TELL US IF THE EDC HAS EVER DONE IT THIS WAY. HAVE WE EVER CONSIDERED. BASICALLY DOING A PERFORMANCE INCENTIVE ON MONEY? SO IF YOU GET IT DONE IN SIX MONTHS, IT'S THIS MONTH. IF IT TAKES NINE MONTHS, IT'S THIS MUCH. I MEAN, I KNOW THAT MAKES IT TEX-DOT DOES THAT, I DON'T KNOW. YEAH, YEAH. TO TO INCENTIVIZE THAT EARLIER. CEO WHAT WE'RE PROMISING THE TENANT IS SIX MONTHS AFTER THEY SIGNED THE LEASE. YES. SO THEY HAVEN'T SIGNED THE LEASE. YES. SO IT SIX MONTHS AFTER WE SIGNED THE LEASE. SO WE HAVEN'T SIGNED THE LEASE, BUT WE'RE HERE BECAUSE WE NEED TO GET THIS DONE BEFORE WE SIGN THE LEASE, BECAUSE OTHERWISE WE DON'T HAVE A TENANT. RIGHT. I GOT A QUESTION TOO. ARE WE PUTTING THESE TYPE OF STIPULATIONS ON THE OTHER PEOPLE THAT COME FORWARD? ARE WE GOING TO JUST BE STANDARD ACROSS THE BOARD? EVERYONE WHO FILLS OUT THEIR FACADE APPLICATION, THEY GET A STANDARDIZED PERFORMANCE AGREEMENT THAT OUTLINES Y'ALL'S MOTIONS FOR UPDATES, ETC. THAT'S WHY LIKE EVEN IN YOUR YOUR FINANCIAL BUDGET, YOU SEE THE MENU THAT WE HOLD SO THAT ALL THOSE THINGS. YES, WHATEVER WE DO, I WANT TO BE CONSISTENT ACROSS THE BOARD. IF IT'S 1.6 MILLION, IT'S 250. IF IT'S 8000, LET'S JUST BE CONSISTENT. OKAY? AND FOR THE ONES OF YOU THAT HAVEN'T BEEN IN TOUCH, SOME OF OUR BUILDINGS, WE ENCOURAGE YOU TO GO AND SEE THEM. I MEAN, WE JUST LET US KNOW WE GIVE YOU A TOUR OF THE BUILDINGS SO YOU CAN SEE WHAT WE'VE DONE. I KNOW A LOT OF YOU HAVEN'T GOTTEN TO SEE IT, BUT WE CAN GIVE YOU A PRIVATE TOUR IF YOU LIKE. TO. NO WORRIES. THERE'S GOING TO BE OTHER TIMES THEY'RE GOING TO BE OTHER OPPORTUNITIES. I DO KNOW THAT I KIND OF LAUGHED BECAUSE WHEN I SAW, I THINK IT WAS TEXAS MONTHLY AND I SAW A PICTURE OF A BUILDING IN TERRELL IN TEXAS MONTHLY, I WAS LIKE, WELL, THAT'S INTERESTING. WHAT WAS IT? THE HUMMINGBIRD. 
          OH, REALLY? SO I WAS KIND OF LIKE, OKAY, THAT'S WHERE I KIND OF FELT LIKE WE HAD THAT MOVEMENT WE'VE BEEN WORKING FOR FOR A LONG TIME. SO I APPRECIATE WHAT Y'ALL ARE YOUR DREAM FOR OUR, OUR CITY BECAUSE I DIDN'T I'M BORN AND RAISED HERE, MOVED AWAY FOR A LITTLE WHILE, BUT I NEVER DREAMED THAT WE COULD MAKE, LIKE YOU SAID, THE MOVEMENT WE'VE BEEN ABLE TO MAKE IN THE LAST SEVERAL YEARS SINCE THIS COMMITTEE HAS BEEN. SO EVEN THOUGH IT'S KIND OF HARD FOR US AND THERE'S HEARTBREAK AND THEN THERE WE'RE LEARNING, JUST LIKE I THINK A 
          [01:05:05]
LOT OF OUR, OUR PEOPLE THAT ARE COMING IN WITH DREAMS AND A VISION FOR DOWNTOWN, WE'RE ALL LEARNING TOGETHER TOGETHER IN THIS. I AT THE BEGINNING OF THIS MEETING, I HAD A LITTLE RESERVATION ABOUT THIS, BUT HEARING EVERYBODY TALK AND HEARING AGAIN, YOUR VISION FOR THIS BUILDING THAT I DIDN'T EVEN REALIZE WAS THERE. AND I GREW UP IN THIS TOWN. I'M KIND OF GETTING EXCITED ABOUT THIS NOW. ONE OF THESE SIMILAR TO THIS IN AUSTIN, I GOT CONVINCED TO GO AT 8:45 P.M. ONE NIGHT, BY THE WAY, WHICH IS 15 MINUTES PAST MY BEDTIME. BUT IT WAS A PARKING LOT ON THE SECOND LEVEL, AND THEY JUST HAD THIS LONG, NARROW SPACE IN THERE. AND WHEN I LOOKED AT THIS, IT MADE ME COMPLETELY THINK OF THIS SPEAKEASY KIND OF THING KIND OF CONCEPT. IT WAS, QUITE FRANKLY, ON THE COOLEST PLACES I'VE BEEN, BUT IT WAS A GREAT USE OF REAL ESTATE. AND I'M GOING TO TELL YOU IF IF NOT THIS, THEN WHAT IS THERE AND WHAT MAKES YOUR END CAP? AND, YOU KNOW, IF IT FITS YOUR GOALS AS A BOARD, THEN. AND I WAS JUST GOING TO. 
          I JUST WANT TO REMIND YOU ONE THING OR JUST POINT OUT WE HAVE IN DOWNTOWN TERRELL THE BEST AIRBNB IN DOWNTOWN IN LITTLE DOWNTOWN IN TEXAS. CYNTHIA JUST WON A SECOND AWARD FOR THE LAST YEAR. LOUISE WELL, WELL, SHE GOT A SECOND AWARD THIS YEAR FOR, FOR HAVING, HOW DO YOU CALL IT THE HOST SUPER HOST FOR A YEAR IN, IN THAT LITTLE TINY AIRBNB, WE, WE ARE APPROACHING ARCHITECTURAL DIGEST TO SEE IF THEY CAN RUN A, A, A LITTLE ARTICLE ON THE BUILDING BECAUSE NOBODY HAS WROTE AN ARTICLE ON THE BUILDING. SO WE'RE GOING TO START APPROACHING THEM TO SEE IF THEY MIGHT WRITE AN ARTICLE ABOUT THE BUILDING. SO WE'VE BEEN VERY PROACTIVE BECAUSE WE WANT TO HAVE THEIR NOT JUST THE LOCALLY HERE. WE WANT PEOPLE FROM OTHER PLACES TO SEE WHERE TERRELL IS. WE HAVE FRIENDS ALL OVER THE WORLD. AND NOW, YOU KNOW, THEY ASK US, WHAT ARE YOU DOING IN THIS LITTLE TOWN? PEOPLE WANT TO COME. WE HAVE SOME SPANISH FRIENDS THAT ARE COMING. ONE OF THEM CAME AND HE WAS SO AMAZED ABOUT ALL THESE BUILDINGS BECAUSE, YOU KNOW, WHEN THEY SEE ALL THEIR BUILDINGS LIKE THIS, LIKE THE OLD WEST, THEY GET SO EXCITED ABOUT COMING. SO THEY TELL THEIR FRIENDS AND FAMILY. SO I MEAN, WE PUT IT IN A DIFFERENT PLACE AND WE SEE THAT AND WE APPRECIATE IT. AND IT SOUNDS LIKE OUR BOARD HAS TALKED THEMSELVES INTO A CONSENSUS. SO I, AS THE SKEPTIC, WILL MAKE THE MOTION TO IMPROVE. I HAVE A QUESTION. OH, SORRY. SORRY, SARAH. GO AHEAD BACK TO RYLAN. I'M SORRY. HAVE I GET VERY CONFUSED EASILY. SO I LIKED WHAT CARLTON SAID ABOUT PAYMENT ON COMPLETION WITH THE CERTIFICATE OF OCCUPANCY. HAVE WE DONE THAT? YES. OKAY. OKAY. YEAH. WHILE YOU'RE THERE, I HAVE ONE QUESTION. IF WE AS A AS A BOARD APPROVE THIS REQUEST, WOULD IT GO TO A 380 AGREEMENT? WE WOULD NEGOTIATE THAT OR JUST A STANDARD STANDARD ONE. OKAY. AGREEMENT BECAUSE OF THE AMOUNT. 
          OKAY. BECAUSE YOU DON'T REACH THAT CERTAIN THRESHOLD. IT'S NOT THREE. OKAY. IT'S JUST A GOOD. AND THE CITY HAS AGREED TO THE, THE, THE GREEN THE GRASS AREA THAT WILL BE. YES. 
          SO ONCE Y'ALL AGREE TO THE PROJECT, THEN I WILL TAKE THIS TO CITY COUNCIL AS THEIR PORTION. IT'S STILL ONE MORE STEP. YEAH, THEY MAY LEASE IT OR THEY MAY SAY, CAN WE CAN WE LIKE SELL IT TO THEM FOR A DOLLAR? BECAUSE 100 YEARS FROM NOW, IS THE CITY GOING TO WANT THAT EIGHT FEET BACK, NINE YEAR LEASES? OKAY, SO PEOPLE, THE RECOMMENDATION FROM STAFF WOULD BE A CONVEYANCE BECAUSE WHEN THEY WILL ULTIMATELY NEED TO BE ABLE TO CONSTRUCT THAT BECAUSE IT'S GOING ON TO THE PROPERTY, IT WOULD ESSENTIALLY BE RESETTING AS PART OF THE CITY BUILDING. SO REALLY INTERESTING. AND I JUST WANT TO, FOR YOUR SAKE, KNOW THAT THAT'S GOING TO TAKE TIME. SO OKAY, OKAY, WE CAN ALREADY START ON BUILDING PERMIT REVIEW. OKAY, ALL OF THAT, BUT, BUT THAT WILL BE WHAT I'LL TAKE TO CITY COUNCIL BECAUSE WE DON'T NEED IT. I JUST WANT TO GO ON RECORD THAT I STILL HAVE A LOT OF HEARTACHE ABOUT IT, BUT I'M WILLING TO GIVE IT A TRY IF WE JUST PAY UPON COMPLETION. ALL RIGHT. EVERYBODY READY FOR ME TO MAKE THE MOTION? I'LL ENTERTAIN A MOTION. I WILL MAKE A MOTION THAT WE APPROVE THE REQUEST, WHICH IS A REIMBURSEMENT NOT TO EXCEED $250,000, PAYABLE UPON CERTIFICATE OF OCCUPANCY. FOR 
          [01:10:08]
THIS PROJECT. I'LL SECOND THANK YOU. ALL THOSE IN FAVOR SIGNIFY BY SAYING AYE. AYE. OPPOSED? SAME SIGN. THE MOTION CARRIES. THANK YOU, THANK YOU. CYNTHIA AND LUIS FRIDAY. HAVE A GOOD WEEKEND. NEXT ON THE AGENDA IS TO DISCUSS AND CONSIDER A ONE YEAR EXTENSION FOR LEASE REIMBURSEMENT GRANT AT 115 EAST MORE. RAYLAN. SO IT'S HARD TO BELIEVE, BUT LULA MAE IS COMING ON HER ONE YEAR ANNIVERSARY, SO SHE DOES HAVE ONE QUARTERLY PAYMENT LEFT FOR LULA MAE RESTAURANT. I DID RECEIVE A REQUEST FROM HER TO EXTEND THIS LEASE REIMBURSEMENT FOR ONE ADDITIONAL YEAR. SHE REPORTS THAT BUSINESS IS GOOD AND IT IS GROWING. HOWEVER, SHE DOES RECOGNIZE THAT THE LEASE REIMBURSEMENT HAS BEEN VITAL TO HER BUSINESS AS SHE IS GETTING IT STARTED IN. HER REQUEST WAS FOR FOR ADDITIONAL PAYMENTS, WHICH WOULD COVER OCTOBER 2026 THROUGH THE FAULT THAT SHOULD BE OCTOBER 2027. ON YOUR SHEET. I APOLOGIZE FOR THAT. JUST AS AN UPDATE, YOUR ORIGINAL LEASE REIMBURSEMENT WAS FOR THE BASE RATE. THEY DID SHARE WITH ME THEIR TOTAL LEASE RATE. SO THAT'S WHY YOU HAVE THE THE COMPARISON PRICING. SO WHAT THIS WOULD BE IS A REQUEST FOR ADDITIONAL FUNDING FOR YOUR FISCAL YEAR 2027 BUDGET. ANY QUESTIONS FOR RAYLAN. OUR THOUGHTS. SO WE'RE CURRENTLY 1200 A QUARTER. YES, MA'AM. SO IS THE REQUEST FOR AN ADDITIONAL $16,800 PAID OUT OVER THE NEXT 12 MONTHS? YES, MA'AM. YEAH. I THINK THAT THERE'S A MISPRINT WHERE IT SAYS 116,800 YEAR NUMBER ONE, TOTAL INVESTMENT, BECAUSE YOU ALSO HAD THAT 100,000. YEAH. SO IN THIS FISCAL YEAR YOU HAVE PAID OUT TO THEM 116 EIGHT JUST TO REMIND YOU ALL THAT YOU DID HAVE THE 100,001 TIME MATCHING. 
          YEAH. BUT THEY USED LIKE EQUIP THE KITCHEN. YES. YEAH. THOSE WERE REIMBURSEMENT COSTS. OKAY. 
          SO I WAS JUST LETTING YOU ALL KNOW THE TOTAL AMOUNT PAID OUT THIS YEAR. YOU GUYS GO BACK TO THE PREVIOUS PAGE. WHAT IS THE N N N I C THE 7000 FOR THE RENT. THAT'S THE TRIPLE NET FOR THE TAXES. SO ACTUALLY THEIR TOTAL LEASE PER MONTH IS 8750 BECAUSE THEY PAY THEIR OWN INSURANCE TAXES. AND MAINTENANCE I GUESS. YEAH. SO I AM NOT MATHEMATICIAN ON THIS BOARD, BUT ESSENTIALLY WE ARE PAYING THEIR TRIPLE NET A MONTH AND THEY ARE PAYING IS WHAT IT IS RIGHT NOW. YEAH. 
          PRETTY MUCH. YEAH. YOU KNOW, THIS IS WHERE IT COMES BACK TO MY COMMENT EARLIER ABOUT OUR POTENTIAL TO FILL THE GAP, BECAUSE THIS IS AN EXAMPLE OF THIS IS NOT MARKET RENT FOR DOWNTOWN, BUT ALL THE FUNDS THAT THE PENNY HAS HAD TO INVEST IN THAT BUILDING TO MAKE IT INHABITABLE, AND THAT BEVERLY HAD TO INVEST IN THAT BUILDING TO MAKE IT A RESTAURANT. THE DOL, THE INCOME DOES NOT COVER THE EXPENSE. SO THAT'S OKAY. THEY TOOK A LEAP OF FAITH. THEY MADE AN INVESTMENT. NOW WE HAVE AN OPPORTUNITY TO HELP FUND THAT GAP. SO WHAT'S THE TOTAL THEY'RE ASKING FOR 16 16,800. OKAY. SO THEN RIGHT I'M LOOKING DOWN HERE AT THE NEXT IS THE RENT GOING UP. SO I WAS JUST LETTING YOU ALL KNOW THAT YOU DO HAVE THE OPTION BECAUSE THEIR ACTUAL TOTAL RENT, BECAUSE ORIGINALLY THEY HAD ONLY SHARED WITH US JUST THEIR LEASE PAYMENT OF 7000. SO Y'ALL HAVE BEEN PAYING 20% OF 7000, BUT THEY PAY OUT MONTHLY 8750. SO IF YOU WANTED TO THIS NEXT YEAR ALSO INCLUDE THE TRIPLE NET COST AND NOT JUST REIMBURSE THEIR BASE, THEN THAT WOULD BE 21,000. SO I WAS JUST COMPARING 
          [01:15:03]
THE TWO BECAUSE ORIGINALLY THE LEASE AGREEMENT THAT WE HAD WAS JUST FOR THE BASE RENT. SO WITH WHAT HE SHARED WITH ME, THEIR TOTAL RENT IS 8750 PER MONTH. SO I WAS JUST COMPARING THE TWO. 
          YEAH, I WAS JUST COMPARING THE TWO. DO YOU HAVE A DECISION? IF WE WANT TO REIMBURSE, DO WE WANT TO REIMBURSE AT THE 16,800 OR THE 21,000? I DON'T THINK I'M COMFORTABLE GOING UP BECAUSE THAT WOULD THAT TO ME MEANS WE GOT A PROBLEM. I KNOW, I KNOW THE YEAH, I KNOW THE RESTAURANT BUSINESS IS EXTREMELY HARD. I CAN'T EVEN IMAGINE WHAT IT'S LIKE IN DOWNTOWN TERRELL. BUT IF IF THEY'RE A YEAR INTO THEIR BUSINESS AND WE'RE INCREASING GIVING THEM MONEY, THAT TO ME, THAT'S THE WRONG DIRECTION. YEAH, WE SHOULD BE GOING DOWN ON WHAT WE'RE GIVING THEM AGAIN. YEAH, I'M KIND OF CONCERNED ABOUT THAT TOO. OKAY. I'M OKAY WITH THE REIMBURSEMENT, BUT I'M JUST THINKING LONG TERM. HOW LONG ARE WE GONNA HAVE TO DO THIS? YOU KNOW, IT'S KIND OF KICKING THE CAN DOWN THE ROAD LIKE BUSINESS IS GOING TO GET BETTER OR. YEAH, YOU KNOW, SO THAT'S JUST A CONCERN I HAVE, BUT I'M OKAY WITH THE REIMBURSEMENT. I. THE RENT SUBSIDY IS A DIFFICULT CONCEPT FOR ME AS A BUSINESS PERSON, BUT I WOULD SAY THIS, I BELIEVE IN, IN THE ECONOMIC CLIMATE THAT WE'VE EXPERIENCED IN THE LAST YEAR. I ATE BRUNCH THERE ON SUNDAY. IT WAS A FABULOUS EXPERIENCE, ESPECIALLY COMPARED TO SOME OF THE BEGINNING DAYS. SO I THINK THEY'RE MAKING HUGE STRIDES. I TALKED TO MANY CITIZENS AND FRIENDS THAT THAT REALLY LOVE THE IDEA OF HAVING A NICE PLACE TO EAT IN TERRELL, AND I THINK THIS IS PART OF OUR OVERALL DESIRE TO SEE DOWNTOWN EXPLODE. WE'VE MADE THIS SIGNIFICANT INVESTMENT TODAY, AND I THINK THIS NEEDS TO BE A PART OF THAT. AT LEAST BRIDGE THIS GAP UNTIL THINGS COME ONLINE NEXT DOOR, YOU KNOW, OR ON THE SAME BLOCK AND THEN AND THEN ACROSS THE STREET. SO I JUST HOPE WE ALL CONTINUE TO PATRONIZE THE PLACE. IT'S JUST, IT'S A, IT'S A GOOD THING FOR THE CITY ALL DOING OUR PART. YEAH, I AGREE WITH THAT. I FEEL LIKE THEY'VE REALLY HIT THEIR STRIDE AND SETTLED IN TO WHAT THEIR BUSINESS CONCEPT IS AND WHAT THEIR STRENGTHS ARE. COMING INTO THE MEETING, I WAS KIND OF LIKE MARY THINKING, MAYBE WE BACK OFF A LITTLE BIT IN THE SECOND YEAR AND KIND OF WEAN OUR PART OFF OF IT, OFF LOOKING AT IT, THOUGH, REALIZING THAT THAT'S PAYING JUST THE TRIPLE NET, THAT MAKES ME VERY COMFORTABLE IN CONTINUING AT OUR CURRENT REIMBURSEMENT. OKAY. I JUST I WANTED NOTHING TO DO WITH MONEY. I THINK SHE STARTED DOING ONLINE. OH, I DON'T KNOW. I THOUGHT THAT'S WHAT SHE TOLD ME. YEAH. THAT THEY WERE GOING TO DO ONLINE ORDERING AND EVENTUALLY DELIVER. BUT I, I CAN'T FIND IT ONLINE BETTER FOR HOME BODIES LIKE ME. WELL, THAT'S EVEN BETTER. THAT'S WHAT I WAS THINKING ABOUT. FOR ME. YES. NOW I CAN GET MY HEARTY SALAD AT HOME. OBVIOUSLY NOBODY KNOWS THAT I SAW SHE POSTED ABOUT THAT, BUT I'D HAVE TO DO SOME DIGGING TO SEE EXACTLY WHAT IF SHE'S USING DOORDASH OR HER OWN WEBSITE OR UBER EATS? I DON'T KNOW. IF YOU FIND IT. WILL YOU LET ME KNOW? I'LL SHARE IT WITH YOU. OKAY. ALL RIGHT. THIS TIME I'LL ENTERTAIN A MOTION TO APPROVE THE LEASE REIMBURSEMENT AT 16,870. I'M LOOKING AT THIS. SHOULD THIS SAY 27 FOR FEBRUARY? IT SHOULD. YEAH. YES. YEAH, I WAS LIKE, WE MESSED UP ON THE DATES. YES. I JUST WANT TO MAKE THOSE UPDATES. YEAH. I'M SORRY, I APOLOGIZE. 
          OH, THANK YOU FOR CATCHING THAT. WITH THAT CHANGE, I'LL ENTERTAIN A MOTION TO APPROVE FUNDING AT 16,800 LEASE REIMBURSEMENT FOR THE UPCOMING YEAR, AS SHOWN. I'LL MAKE THAT. 
          THANK YOU. SARAH, IS THERE A SECOND? SECOND. THANK YOU. STEPHANIE. ALL THOSE IN FAVOR SIGNIFY BY SAYING I OPPOSED. SAME SIGN. NEXT ITEM ON THE AGENDA IS TO DISCUSS AND CONSIDER THE FY 2026 PARK CAPITAL PROJECT UPDATES AND FUNDING REQUEST. RIGHT. SO NEXT COUPLE ITEMS WILL BE QUICK BECAUSE WE'LL DIVE IN WHENEVER WE REALLY TALK ABOUT BUDGET, BUT THERE'S TONS GOING ON AT THE PARKS. SHERRY HAS BEEN DOING SOME OF OUR YOUTH PROGRAMING. WE HAD OUR FIRST SPRING BREAK EVENTS IN THE PARKS, HAD HUNDREDS OF KIDS ATTEND, WHICH WAS AMAZING. WE HAVE A FLIER CUT EVENT COMING THIS SATURDAY. MOVIES IN THE PARK AT BEN GUILH. WE HAD A GREAT PARK BOARD MEETING LAST NIGHT TO UPDATE THE BOARD. THEY HAD SOME REALLY GOOD IDEAS ON POLICY AND PROGRAMING FOR OUR NEIGHBORHOOD PARKS. JUST TO KIND OF GO DOWN THE LIST. WE'LL TALK A LOT ABOUT ARLEIGH WHITE BENGAL PARK LIONS CLUB STILL 
          [01:20:01]
WORKING ON WHEN NEW CORE LIONS CLUB WILL BE READY FOR THAT DONATION, AND ALSO THE EXACT LOCATION OF THAT PAVILION OVER THERE BY THE MULTICORE. SO HOPEFULLY WE'LL BRING YOU A CONCEPT PLAN IN THE NEXT COUPLE OF WEEKS. SWIMMING POOL WILL BE OPEN VERY SOON, MAY 26TH, AND THE CONCESSION STAND IS ALMOST READY. THEY'RE AT BINGO PARK AND I CANNOT WAIT TO SHOW YOU ALL THE BEFORE AND AFTERS FOR THAT, AND TO BE ABLE TO REVEAL ALL OF THE IN-KIND DONATIONS AND VOLUNTEERS THAT MADE THAT HAPPEN. BREEZY HILL AS I SAID EARLIER, JUNE 13TH IS OUR GOAL FOR THE RIBBON CUTTING. WE WANT TO OFFICIALLY TURN THE WATER ON THAT DAY SO THAT WE CAN GET ANY KINKS WORKED OUT BEFORE YOUR BIG EVENT THE NEXT WEEKEND, STALLINGS PARK, WE WILL TALK ABOUT KING'S CREEK. DESIGN PLANS ARE AT ABOUT 60% CROSSROADS PARK SLASH MOBY'S RESTAURANT. THE SAD NEWS IS MOBY'S WILL NOT HAPPEN, BUT THAT'S OKAY. PHIL MALLEY IS DOING A HUGE EXPANSION. THEY'RE BRINGING IN THIS BIG. IT'S THE WORLD'S LARGEST SCREEN, AND I NEED TO MAKE IT SOUND MUCH MORE EXCITING BECAUSE IT REALLY IS. BUT THAT TAKES US BACK TO THE GREEN SPACE. WE DO HAVE A PENDING TEXAS PARKS AND WILDLIFE GRANT THERE, SO WE'LL BE BRINGING SOME UPDATES UP TO UP TO YOU FOR THAT. WE WILL EVENTUALLY HAVE A PARK GOING ON OVER THERE. ANY QUESTIONS ABOUT PARKS? THEY ARE GOING TO DO THAT. YES, YES. HUM. IT'S COMING DOWN. WE WE TALKED ABOUT IT BEFORE THE MEETING EVEN STARTED IT. IT'S COMING DOWN. 
          COMING DOWN. OKAY. I'VE SEEN A FEW SIGNS THAT PRESA HILL OR THE. NO, THESE ARE ACTUALLY NEW ABOUT THE WALKING TRAIL. DO WE HAVE ALL THE. WHAT ELSE IS REMAINING? ARE WE DONE WITH THE NAMING? YOU KNOW, EVERYTHING WE NEED FOR ALL OF THE NEW PARK SIGNS ARE UP. WE JUST DIDN'T GO BACK AND GET RID OF THE OLD ONES. SO WE'RE GOING TO WE'RE GOING TO GO BACK AND MAKE SURE THAT ALL THE OLD SIGNS ARE DONE. WHAT ABOUT FOR THE FIELD SHOW? ISN'T IT SUPPOSED TO BE A SIGN FOR THAT? YES. AND NICOLE HAS THAT ON ORDER. SO SHE'S ORDERED EVERYTHING THAT THE NAMING COMMITTEE HAS COMPLETED? YES. PARKS ARE FUN. FIRST OF ALL, SHARI'S KILLING IT. THE WHOLE TEAM IS KILLING IT. SAME THING. WANT TO THINK ABOUT WHAT THE PARKS LOOK LIKE FIVE YEARS AGO? Y'ALL, IT IS NIGHT AND DAY. SO RIDE THAT WAVE. KEEP GOING. THERE'S STILL LOTS TO DO, AS YOU KNOW, BUT I FEEL LIKE THE PARKS ARE BEING USED MORE THAN THEY HAVE IN DECADES. SO THANK YOU ALL FOR YOUR HARD WORK. ONE THING THAT THE CITY IS DOING RIGHT NOW, FOR THE FIRST TIME PROBABLY EVER, DEMETER. WE ARE DOING A CITY WIDE MOWING AND LANDSCAPE RFP TO INCLUDE EVERY PIECE OF PROPERTY THAT THE CITY OWNS. AND WE'VE SPOTLIGHTED OR HIGHLIGHTED SOME LANDSCAPE PROJECTS. SO WE WILL HAVE CERTAIN AREAS EVEN WITHIN OUR PARKS THAT ARE BEING TAKEN CARE OF. AND WE'RE TRYING TO GET ALL OF THAT UNDER CONTROL, EVEN THINGS LIKE CROSSROADS AND THE ENTRANCES AND THE RIGHT OF WAYS. AND SO YOU'LL SEE A LOT OF THAT START TO COME TOGETHER. IT WAS A BIG UNDERTAKING, BUT WE'LL BE OUT FOR BID FOR THAT SO THAT WE CAN START PREPARING FOR FISCAL YEAR 27. THANK YOU. WONDERFUL. ALL RIGHT. NO ACTION REQUIRED FOR THAT ITEM. CORRECT. RIGHT. 
          NOW WE'LL DISCUSS AND CONSIDER THE FY 2026 DOWNTOWN CAPITAL PROJECT UPDATES AND FUNDING REQUESTS. SO MORE AVENUES SOUTH VALLEY RETAIL READY. WE STILL BEEN TALKING TO A FEW PROPERTY OWNERS. TARO COFFEE HAS COME. THEY ALSO TALKED A LITTLE BIT ABOUT HAVING MOISTURE UNDER THE FLOORING. JUST STAFF IS WORKING WITH THE DIFFERENT PROPERTY OWNERS. BMT COMMUNITY CENTER IS STILL UNDER CONSTRUCTION. CHAPMAN BUILDING RFQ, Y'ALL WILL START GETTING DIFFERENT TYPES OF UPDATES FOR THAT DOWNTOWN CAPITAL IMPROVEMENTS. CATHERINE PARKLET DESIGN. WE'LL TALK A LITTLE BIT ABOUT WHEN WE GET DOWN TO BUDGETING. I'M PROPOSING THAT TOURS, NUMBER ONE, PAY FOR THE REMAINING ENGINEERING, WHICH IS ABOUT $400,000, TO HAVE THAT COMPLETELY ENGINEERED AND READY FOR CONSTRUCTION. SO WE'LL KIND OF TALK ABOUT THAT TIMELINE. 
          TEX-DOT HAS APPROVED OUR OUR PERMIT SO THAT WE CAN DO ALL OF OUR TOPO AND SURVEYING AND GET IN THERE. SO TEX-DOT IS ON BOARD AND THEY HAVE DONE THE REVIEW, WHICH IS AMAZING. US 80 
          [01:25:05]
LIGHTING IS GOING TO BE PART OF THAT DISCUSSION. SOUTH ALLEY I STILL HAVE UNTIL MAY 9TH. 
          PLEASE DON'T WORRY. TRUST ME. GUYS ARE ON IT. WE'VE GOT ASPHALT. WE'VE GOT A GREASE TRUCK GOING IN AT CHAPMAN. WE HAVE ATMOS MAKING SURE THAT THERE'S A GAS LINE. THERE WERE 2 OR 3 THINGS THAT WE NEEDED TO DO SO THAT WE DIDN'T IMMEDIATELY HAVE TO GO BACK IN AND RIP UP THE ASPHALT. SO ALL OF THAT IS COMING IN LINE. DOWNTOWN LANDSCAPE MAINTENANCE. 
          AGAIN, THAT'S GOING TO BE PART OF THE BIG RFP, BUT WE WILL ALSO HAVE OUR SPRING PLANNING IN ALL OF OUR PLANTERS BY MAY THE 9TH CARNEGIE LIBRARY BUILDING, WE HAVE THE WINDOW RFP CURRENTLY OUT, AND SO WE'LL BE UNDER CONSTRUCTION IN JUNE. TERRELL SOCIAL, I MET WITH JONATHAN THE OTHER DAY JUST FOR AN UPDATE. HE HAD REQUESTED SOME FUNDS FROM THE CITY COUNCIL TO DO SOME DOWNTOWN EVENTS. I THINK HE WAS HOPING TO DO SOME SOME FIFA OR I DON'T ALWAYS SAY IT WRONG EVENTS DOWNTOWN. SHE'S PROBABLY THE ONE THAT TAUGHT ME WRONG, I DON'T KNOW. I'VE GOT EVERYBODY IN A BURRITO. I'M JUST LIKE, WHATEVER, ANGIE SAYS, I. I'LL GO WITH IT. IT'S FINE BECAUSE EVERYBODY KNOWS WHAT SHE'S SAYING. SO IF YOU TALK ANGIE, YOU DO. SO I WILL TELL YOU. TERRELL SOCIAL. HE TOLD ME THAT HIS GOAL IS BY THE END OF THE YEAR. SO I KNOW THAT HE STILL HAS A LOT OF THINGS GOING ON. HE'S ALSO BEEN HELPING CHRISTINA GET HER NEW TENANT GOING, SO HE'S GOT SEVERAL COMPANIES DOING A LOT OF STUFF. 
          THE OPINIONS TALKED A LITTLE BIT ABOUT THE LYRIC, AND TORI ALSO MENTIONED THE JAZZ CONCERT THAT HAPPENED THERE. SO THERE'S PLENTY OF ACTIVITIES THAT WILL BE HAVING SLIM BUILDING. Y'ALL TALKED ABOUT. BLUE CUP IS THE ONE THAT'S AT THE FRENCH SOIREE, AND THEY HAD THEIR SOFT OPENING THIS WEEK. BLUE CUP THOUGH. I KNOW BECAUSE IT'S NOT AGUA COLA. ANGIE WHAT ARE WE GOING TO CALL IT? NO. IS IT CHOCHA? IT'S ELOTE. I'M SORRY. AGUA. CHASKA AND CHASKA. MY WHOLE FAMILY WENT DOWN THIS RABBIT HOLE LAST NIGHT. CHELSEA'S IS LIKE A LOT IN A CUP. YES. AND SO THEY DO OFFER SOME FRAPPUCCINO TYPE COFFEE AND, YES, SOME DELICIOUS CORN WITH YES. DRIZZLES. SO THEIR THEIR SOFT OPENING WENT VERY WELL. AND THAT'S EXCITING. NOON TO 8 P.M. I THINK. YEAH. 
          SO LUNCH AND DINNER AND THEY'VE GOT CUTE BALLOONS AND CUTE LITTLE SANDWICH BOARD SIGN OUT. 
          IT LOOKS VERY GOOD. I HAVEN'T BEEN IN THERE YET, BUT THE OUTSIDE LOOKS. YEAH, YEAH. THEY I ALSO HAVE SOME INVOICES FOR THEM BECAUSE THEY ARE GOING TO QUALIFY FOR JUST SOME OF THOSE EXTERIOR. THEY'VE ALSO GOT SOME AWNINGS ORDERED AND SOME OTHER THINGS THAT THEY'RE GOING TO DO TO KIND OF SEPARATE THE TWO ENTRANCES. SO YOU'LL SEE SOME OTHER STUFF COMING UP ON THAT. 
          JUBILEE IS COMING UP, TACO FEST JUNETEENTH EVENT, WHICH IS GOING TO BE HUGE. AND IN SEPTEMBER, THE CITY AND THE CHAMBER ARE HOSTING THE TEXAS REGIONAL ROUNDUP. AND THAT'S WHERE ALL OF THE TEXAS DOWNTOWN MAIN AND ALSO MAIN STREETS COME IN QUARTERLY VISIT DOWNTOWNS. 
          AND SO WE WILL HAVE THE STATE DOWNTOWN ASSOCIATIONS HERE IN TERRELL IN SEPTEMBER. SO THERE'LL BE MORE INFORMATION ABOUT THAT. WHERE ARE WE ON AN AWNING PROJECT? WHAT WOULD THAT LOOK LIKE? OR DO YOU NEED FEEDBACK FROM US OR YOU NEED PROPERTY OWNERS THAT WANT AWNINGS? OKAY. DO YOU NEED ME TO WEAR A SANDWICH BOARD AND WALK UP AND DOWN MOORE AVENUE THAT SAYS FREE MONEY? LIKE I DON'T UNDERSTAND. IT'S IT'S FREE MONEY. IT IS. IS THERE ANYTHING WE CAN DO TO PROMOTE THAT MORE? I CAN TELL YOU THAT BECAUSE WE PERSONALLY CANNOT GO AND PUT THOSE AWNINGS ON THE BUILDING'S PROPERTY. OWNERS AND TENANTS HAVE BEEN VISITED BY CONSTRUCTION COMPANIES, BY INDIVIDUAL SIGN COMPANIES, FOLLOWED UP BY THE CITY, LETTING THEM KNOW THAT THE BILL WOULD NEVER COME TO YOU. CONVERSATIONS. MY HEAD AROUND WHAT IS THERE. YOU WOULDN'T WANT YOUR BUILDING TO LOOK BETTER IF IT'S NOT GOING TO COST. WHAT ARE THEY SAYING? WHAT WHAT'S THE FEEDBACK THAT YOU'RE GETTING? THERE'S 2 OR 3 
          [01:30:02]
THAT SAY, YES, THAT'S GREAT. I JUST BEING COMPLETELY HONEST, EVEN THOUGH IT'S FREE MONEY, IT DOES REQUIRE SOME PARTICIPATION FROM THE PROPERTY OWNER AND OR THE TENANT. AND ANGIE HAS SEVERAL MEETINGS WITH OUR SMALL BUSINESS OWNERS AND THERE IS STILL NOT AN OWNERSHIP IN MAKING THOSE PROJECTS HAPPEN AT THEIR STORE. THEY HAVE ASKED IF IT'S A TRUST ISSUE THAT THEY'RE JUST FEELING THAT THEY DON'T KNOW THE REAL TRUTH, AND I DON'T KNOW HOW TO PINPOINT. SO THE LAST BUSINESS MEETING THEY HAVE ASKED FOR, A REPRESENTATIVE FROM BOARD TO PLEASE COME TO THESE MEETINGS, OKAY? THEY JUST WANT ANOTHER VOICE TO SAY YES. YOU KNOW WHAT I MEAN? I DON'T UNDERSTAND. THE ONLY THING IS THAT YOU LET US KNOW, OKAY? BUT THEY'LL SAY THEY'LL SAY, WELL, I GUESS YOU'RE SUPPOSED TO JUST LIKE LITTLE STALKS. YOU'RE SUPPOSED TO JUST DROP IT. YOU KNOW WHAT I MEAN? WELL, WE DIDN'T KNOW ABOUT IT FOR THERE'S A FORM YOU GOT TO FILL OUT. YOU GOT TO DO THIS. YOU GOT TO DO THIS. AND AND THEY JUST NEED SOMEBODY OTHER THAN RAELYN TO TELL THEM BECAUSE THEY'RE NOT LISTENING TO. RIGHT. OKAY. AND I DON'T KNOW IF THEY'VE I DON'T I DON'T MEAN THAT UGLY. NO, NOT AT ALL. I MEAN THAT THAT'S WHY LIKE, I, I ONLY GO TO ABOUT EVERY OTHER MEETING SO THAT, THAT THEY CUT OUT TOO. AND I THINK, I THINK IF THEY HAD SOMEBODY THAT HAS THE PURSE STRINGS ON THIS PROJECT, MAYBE YOU WOULDN'T SAY IT THAT WAY TO BE AT THESE MEETINGS TO SAY YES, AND THEN ACTUALLY MAYBE HAVE THE FORMS IN PENS THAT ARE SHARPENED, RIGHT? COLLECT THEM UP. SO HERE'S MY APPROACH IS I WANT TO USE AI, I WANT TO TAKE A PICTURE OF A BUILDING, AND I WOULD LOVE SOME SUGGESTIONS AND IDEAS FROM THIS BOARD OF BUILDINGS THAT THEY THINK COULD USE A REFRESH. WE DON'T OWN THESE BUILDINGS. I UNDERSTAND THAT THERE'S PRIDE AND OWNERSHIP, BUT IF WE LIKE, TO ME, IT REALLY IS A STARTING POINT TO SHOW THEM WHAT IT COULD LOOK LIKE. THIS IS ME HOLDING MY PHONE IN THEIR FACE. SHOW THEM WHAT IT COULD LOOK LIKE. ALSO, YOU KNOW, WE'VE GOT CONTACTS WITH CONTRACTORS WHO COULD GIVE US AN IDEA OF WHAT THAT COST WOULD BE. I THINK Y'ALL HAVE ALREADY BEEN THROUGH THIS. MAYBE NOT WITH THE VISUAL THOUGH. OKAY, I WOULD LOVE TO SEE THE VISUALS. I DON'T WANT TO RECREATE THE WHEEL, BUT JUST TO SHOW THEM THE POTENTIAL OF WHAT IT COULD LOOK LIKE, WHAT THE COST WOULD BE. AND THEN ARE WE ASKING THEM TO, YOU MENTIONED PARTICIPATE IN THAT COST. NO. OKAY, OKAY. THEIR PARTICIPATION IS APPROVING THE DESIGN AND THEN ALLOWING ACCESS TO THE BUILDING TO DO THE WORK. OKAY. WHAT ABOUT MAINTENANCE ON IT? YEAH, THAT WOULD BE, I MEAN, THEY, THEY WOULD NEED TO MAINTAIN IT. SO A STORM COMES THROUGH AND RIPS IT OFF. THAT SHOULD BE INSURED. YEAH. I MEAN, IT SHOULD IT WOULD ESSENTIALLY BECOME A PART OF THEIR PROPERTY. YEAH. RIGHT. OKAY. IT SHOULD BE A PART OF INSURANCE. YEAH, SURE. 
          THERE'S SOME RISK IN THAT QUESTION THAT THEY ASK. I WOULD NOT THAT THEY COULDN'T APPLY AGAIN, BUT WE WOULDN'T COMMIT. NO, NO IT'S IT'S IT'S THE IT'S THE IF IT'S TOO GOOD TO BE TRUE, IT PROBABLY IS. SO LISTENING TO YOU DON'T HAVE ANY EXCUSE EXCUSE BEHIND. OKAY. BUT I THINK IT'S A FEAR OF THE UNKNOWN. OKAY. BECAUSE IT'S TOO GOOD TO BE TRUE. HAVE WE SHOWN. 
          AND YOU KNOW, I, I TOTALLY AGREE WITH THAT. IF THEY DON'T KNOW OUR VISION, YOU KNOW, WE'VE GOT THE FACADE PROGRAM. HERE'S THE CHANGES WE'VE MADE. HERE'S OUR VISION FOR, FOR DOWNTOWN WITH INPUT FROM BECAUSE WE'VE BEEN, WE ALL, EVERYBODY'S BEEN TALKING TO THEM. WE SHARED, WE USED TO SHARE OUT MONTHLY UPDATES FOR DOWNTOWN AND RENOVATIONS AND PROJECTS. AND BECAUSE THE LAST MEETING WAS, IS THERE ANYBODY THAT HAS AGREED? WE HAVE CHERYL COFFEY, WHO HAS HAD SOME IDEAS COME BACK AND FORTH. SO YEAH. START WITH ONE. YEAH. AND AND IT WOULD ESSENTIALLY BE THE FRONT END. THE REAR. YEAH. RIGHT. I WENT THROUGH SHE WOULD, SHE WOULD. YEAH. BUT, BUT UNLESS IT COMES FROM IT, EVERYTHING IS SO YOU BASICALLY YOU NEED SOMEBODY FROM THE PADDOCK BOARD TO GO DO A SMALL PRESENTATION AND PLEASE UNDERSTAND THAT LIKE EVERYTHING IS ALSO SO FLUID BECAUSE YOU HAVE CURRENT BUSINESSES WHO ALSO WANT TO MOVE OR EXPAND OR BUY THEIR OWN BUILDING. AND SO LIKE, I DON'T THINK ANYONE FEELS VERY SETTLED IN THEIR SPACE. SO I THINK THAT WE TALK ABOUT THIS AND WE TALK ABOUT 
          [01:35:06]
DOING IMPROVEMENTS, BUT THEN I THINK THAT ALSO KIND OF SCARES THEM BECAUSE IT MAKES IT PERMANENT. AND YOU HAVE SOME PEOPLE WHO WANT BIGGER SPACES. YOU WANT SOMEONE WHO DOESN'T WANT TO RENT, THEY WANT TO OWN. AND SO I THINK ALSO THAT THERE'S SOME UNKNOWNS ON THEIR PART. TWO, THERE'S A LOT OF MOVEMENT. THERE. AND SO HERE'S MY WHAT I, FOR ME, I THINK THERE WOULD BE BENEFIT IN FOCUSING ON A BLOCK AT A TIME. SO GIVE SOME THOUGHT TO WHERE THE BEST PLACE TO START MIGHT BE. AND THEN WE MIGHT HOST A MEETING WITH THOSE BUSINESSES AND OR PROPERTY OWNERS, CAST THE VISION, MAKE FORMALIZE IT, NOT JUST THEIR REGULAR MEETING, BUT. AND WE NEED TO FOCUS. OTHERWISE WE'LL JUST HERE, THERE AND EVERYWHERE. IT DOESN'T REALLY SOLVE OUR PROBLEM. JUST FROM OTHER COMMENTS I'VE HEARD OR THE OR THE IF YOU'RE THE RENTER, ARE YOU CONCERNED THAT IF WE MAKE SOMETHING PRETTIER IN THE FRONT, THAT THEY'RE GOING TO RAISE RENTS OR ANYTHING, THERE'S ALWAYS CONCERNS ABOUT ANYTHING THAT THAT HAPPENS TO THE BUILDING. YEAH. BUT DO YOU HAVE IDEAS? SHE WAS QUIET. IT'S QUIET IF Y'ALL HAVE IDEAS, BECAUSE SOME OF THE TENANTS DOWNSTAIRS, THEY WANT TO BE IN DOWNTOWN AND THEY WANT A DIFFERENT PLACES. SO IF IF Y'ALL HAVE ANY MAGIC POWER OR MAGIC BALL THAT YOU COULD TELL ME HOW TO, BESIDES TAKING PICTURES OF VACANT BUILDINGS AND SHOWING THEM TO YOU, IF Y'ALL HAVE ANYTHING THAT TOOLS IN YOUR POCKET THAT YOU CAN GO. 
          HAVE YOU TRIED THIS? I WOULD REALLY, REALLY LIKE TO HEAR IT BECAUSE I'M VERY AGITATED. SO, ARABIA, WILL YOU PLEASE PULL UP A GOOGLE STREET VIEW OF. WHAT'S THE M AND F 113 WEST MORE. SO THIS IS THE BLOCK WHERE THE LYRIC ALREADY HAS AN AWNING, CORRECT? CYNTHIA. YES. CHAPMAN BUILDING IS GOING TO HAVE AN AWNING. THIS IS COFFEE SHOP THAT WHETHER SHE STAYS IN THAT SPACE OR NOT, SHE'S BEEN VERY SHE'S PUT A LOT INTO HER BUILDING AND I THINK WE COULD SHE WOULD BE ON BOARD. WHAT ELSE? OKAY. THIS RUSTIC CACTUS MAY NOT BE THE WHERE WE START BECAUSE WE DON'T KNOW WHAT THAT'S GOING TO BECOME. BUT SOLDIER'S DAUGHTER'S NEXT DOOR. 
          I THINK SHE ALREADY HAVE AN AWNING. YEAH, SHE'S GOT MEDAL. OKAY. I DO THINK YOU'VE GOT POTENTIAL RUSTIC CACTUS HAVING AN AWNING. OKAY. I DON'T KNOW WHAT TO DO ABOUT THE BUILDING NEXT TO THEM. THE FIVE COAT, IT DOESN'T. DOESN'T REALLY LOOK LIKE IT. YEAH, IT'LL BE FINE. 
          OKAY. IN VOGUE. MAYBE WE COULD TALK TO DEBBIE ABOUT, YOU KNOW, IF AN AWNING MAKES SENSE FOR HER. THAT'S A LITTLE TRICKY. IT WOULD COVER UP HER SIGN, BUT MAYBE WE COULD SHOW HER A VISION OF A FRESH NEW SIGN. OR AN AWNING THAT HAS HER LOGO ON THE AWNING. AND THEN WE HAVE ONE ON THAT LAST BUILDING TOO. SO THIS IS MAYBE A GOOD PLACE TO START. OKAY. WHAT'S ON THE OTHER SIDE OF THE. IS THERE A WAY TO PUT LIGHTS UNDERNEATH THE FLAT? THAT ONE RIGHT THERE. 
          IS THERE A WAY TO PUT LIGHTS UNDERNEATH THAT? DO Y'ALL KNOW, HAVE YOU LOOKED AT THAT ADDING LIGHTS TO THE ONES THAT HAVE THE METAL AWNINGS. THAT WAY THEY STAY TYING INTO ELECTRICAL AND I DON'T KNOW, LET'S JUST GET AN AWNING UP FIRST. THEY WEREN'T VERY KEEN ON PLUGGING IN LIGHTS. SCROLL DOWN TO THE OTHER END OF THE BLOCK. ARABIA. I THINK IT'S THAT ON THE OTHER SIDE OF THE LYRIC. WHAT'S THAT? DENTAL. THEY HAVE AN AWNING. OKAY, OKAY, LET'S JUST START THERE. HAS BEEN EMPTY FOR A LONG TIME AND I. AN AWNING MAY BE THE CASE. IT NEEDS TO BE. 
          BUT YEAH, THERE'S SOME MOVEMENT ON THAT BUILDING SHE'S SAYING. SO THE OWNER IS PUTTING TOGETHER QUOTES RIGHT NOW TO DO A COMPLETE FACADE ON THE FRONT OF THAT BUILDING. SO REALLY, THIS IS JUST IN VOGUE. TAROT COFFEE. WAS THERE ONE MORE SOLDIER SOLDIERS DAUGHTER HAS ONE, BUT MAYBE NEEDS SOME. YEAH, THAT LOOKS LIKE ONE THAT'S BEEN THERE FOREVER. WELL THIS IS YEAH, I DON'T KNOW HOW CURRENT THIS IS, BUT YEAH, MAYBE IT NEEDS A REFRESH. OKAY, SO I DON'T KNOW THAT WE CAN COME TO THE MEETING, BUT I DON'T KNOW THAT I'M GOING TO. WELL WE CAN. 
          YES. THE MORE THE MERRIER. IF YOU JUST COME TO THE MEETING JUST WITH INFORMATION. SURE. 
          THAT YOU KNOW, JUST ANOTHER FACE. HAPPY TO DO IT. NOT THAT THEY DON'T KNOW YOU, BUT BUT IT'S JUST A DIFFERENT. IT'S JUST A DIFFERENT FACE, IS ALL WE'RE ASKING. I THINK SO, I THINK SO, OKAY. THAT'S ALL. THANK YOU FOR THE INVITATION. BUSINESSES OPEN AFTER THE TIME WE MEET. I JUST THOUGHT THAT COULD BE AN AGENDA ITEM THAT WE DO THE PRESENTATION. WE ASK 
          [01:40:02]
QUESTIONS BY ASKING QUESTIONS, INTERJECTING AND CONVERSATING BACK AND FORTH. THEY'LL SEE THE SUPPORT. HOW MANY OF THESE BUSINESSES OPEN AFTER EIGHT OR WHATEVER? WHY? MAYBE AFTER 8 A.M. I'M JUST THINKING BECAUSE OUR MEETINGS ARE EARLY IN THE MORNINGS. WE NORMALLY, IF THEY OPEN, OH, COME AND SPEND AN HOUR WITH US IF WE CAN STILL SEND A REPRESENTATIVE. BUT I'M JUST TRYING TO GET IT SEVERAL. YOU KNOW, MOST OF THEM. THEY USUALLY THEY DON'T OPEN THEIR DOORS UNTIL NINE. THEY'RE USUALLY PRETTY WELL REPRESENTED. I JUST THOUGHT THAT MIGHT WORK. 
          SOMEBODY CAN GO. ANOTHER OPTION IS, HEY, THIS IS GOING TO BE AN AGENDA ITEM ON THIS, OR WE REVISIT THIS AND THEY'LL HEAR THE SUPPORT FROM US COLLECTIVELY. THE LAST FEW MEETINGS, THEY'VE BEEN VERY WELL ATTENDED. AND IT'S BEEN IT'S BEEN QUITE A FEW PEOPLE AT THE CHAMBER AND THEY'RE ALL THE CHAIRS AROUND US ARE. WE'VE TRIED TO HAVE THEM AT DIFFERENT PLACES, BUT THEY WANTED ME TO THE CHAMBER. SO WE. IT'S A REALLY GOOD CROWD. ALL RIGHT. 
          DO WE NEED TO DISCUSS ITEM 7.7 OR. WE ALREADY REALLY INCORPORATED THAT IN OUR DISCUSSION PROJECT PLAN AND FUNDING REQUEST. SO THE ONLY THING THAT I WANT TO SHOW Y'ALL IS THE COVER PAGE OF THE BUDGET. SO I GAVE YOU SOME DETAIL IN PAGES TWO AND THREE, BUT JUST KIND OF FORECASTING WHAT YOU DID TODAY WITH THE DEVELOPMENT AGREEMENT. IF YOU'LL GO TO THE NEXT PAGE, THIS IS A BREAKDOWN OF YOUR DOWNTOWN PROJECT PLANNING. SO YOU'LL SEE THE MAJORITY OF THE FUNDS GOING TO THE DEVELOPMENT PARTNERSHIPS. YOU HAVE THE BREAKDOWN OF PADDOCK PAYMENT VERSUS TOURS. NUMBER ONE, BECAUSE THE MAJORITY OF YOUR FUNDING WOULD BE GOING TOWARDS ONE PROJECT. YOU'LL NOTICE ON FACADE GRANT AND ALSO PARK CAPITAL IMPROVEMENTS. I WENT FROM 75,000 TO $150,000 A YEAR. JUST TO GIVE YOU A LITTLE BIT MORE ROOM FOR FACADES AND OTHER GRANTS COMING FORWARD. ENGINEERING JUST CARRYING 25,000 FOR MISCELLANEOUS EXPENSES. SO DOWN AT THE VERY BOTTOM, THE TRANSFER TO INS, NUMBER ONE, THIS PORTION OF THE TOTAL PAYMENT IS JUST WHAT THE DOWNTOWN PROJECTS WOULD COST. 
          SO OVER IN THE NOTES SECTION, YOU WOULD NOTICE IF YOU DECIDED TO BORROW THE MONEY FOR CATHERINE PARK AND THE US 80 LIGHTING, IT'S APPROXIMATELY $5.5 MILLION. YOUR TOTAL CO PAYMENT, PLUS THE AMOUNT THAT YOU ALREADY OWE, WHICH IS $180,000 A YEAR, WHICH I SHOW ON THE PARK SIDE, YOU WOULD HAVE A TOTAL PAYMENT OF 550,180 IS EXISTING PADDOCK BECAUSE OF THE PARK LIGHTING, 270,000 WOULD BE PADDOCK FOR THE DOWNTOWN PROJECT AND THEN 100,000 A YEAR FROM TOURS. NUMBER ONE, TO MAKE THAT TOTAL PAYMENT. THE NEXT PAGE BREAKS DOWN KIND OF WHAT WE TALKED ABOUT WITH YOUR PARK PLANNING. YOU HAD A BIG YEAR IN 26 AND 27 PROPOSING MASTER PLANNING AND ENGINEERING FOR ARLEIGH WHITE. IN FISCAL YEAR 28, WE WOULD DO THE TEXAS PARKS AND WILDLIFE GRANT FOR THE $750,000 UPGRADE TO ARLEIGH WHITE, PLUS MASTER PLANNING AND ENGINEERING FOR. I'M SORRY I GOT THAT BACKWARDS. STALLINGS WOULD BE FIRST AND THEN ARLEIGH WHITE WOULD BE SECOND, BUT EACH YEAR YOU WOULD HAVE A MASTER PLAN. ENGINEERING COST. THE FOLLOWING YEAR YOU WOULD HAVE THE CONSTRUCTION COST. SO UP AT THE TOP SHOWS YOU YOUR ANNUAL INVESTMENT IN PARK PLANNING, IN PARK PROJECTS. THE PAGE PRIOR YOU HAVE YOUR ANNUAL INVESTMENT IN DOWNTOWN. I TRIED TO KEEP THOSE PRETTY COMBINED, BUT MAINLY JUST GOING BACK TO THAT FIRST BUDGET SHEET, JUST SHOWING YOU THAT IN DOING ALL OF THAT, WE'RE STILL MAINTAINING A A HEALTHY FUND BALANCE, BECAUSE I KNOW THAT THERE WAS SOME CONCERN IN SPENDING THAT DOWN. THANK YOU. RAYLAN. I REMEMBER THE DAYS WHEN WE DIDN'T HAVE WE DIDN'T KNOW WHERE WE STOOD ON THESE THINGS. SO BRINGS GREAT COMFORT AND CLARITY FOR PLANNING PURPOSES. THANK YOU MA'AM. NOW, PLEASE, WHILE YOU'RE UP THERE, I WAS REVIEWING THIS A COUPLE OF DAYS AGO. AND UNDER DOWNTOWN EVENTS. THAT THIRD ITEM SAYS BABE'S CHICKEN, I, I SAW THAT AND I SAW BABE'S CHICKEN CONTRACT AND I WAS LIKE, WHAT'S GOING ON? SO IT SAYS CONTACT. 
          SO ON CONTACT, OKAY, I'M OKAY NOW IT'S IT'S CONTACT, BUT THAT'S OKAY BECAUSE THIS IS OUR 
          [01:45:03]
SECOND CONTACT. OKAY. LAST YEAR WE DID HAVE BABE CHICKEN REAL ESTATE IN TERRELL AND THEY CAME AND TOOK PICTURES OF THE MIRKO BUILDING. AND WE HAVE SHARED WITH THEM THE FLOOR PLAN AND THE SPACE AVAILABLE. AND SO THEY HAD ASKED US TO REACH BACK OUT IN APRIL. AND SO I WAS JUST DOCUMENTING THAT. WE HAVE FOLLOWED BACK UP AND I HAVE INCLUDED SOME OF THE PARKLET CONCEPTS AND THE DIFFERENT THINGS THAT ARE GOING ON DOWNTOWN. SO IT'S JUST IT'S ON THE LIST BECAUSE THEY ASKED THAT WE CONTACT THEM. SO. THE, THE ONE WITH THE SILOS CITY OWNED. YES, THAT'LL BE IT WOULD BE A PRETTY COOL PAGE CHICKEN. THEY LIKED THE THEME OF PLANES, TRAINS AND AUTOMOBILES. SO THEY ALREADY HAVE. I'M NOT SAYING IT'S GOING TO HAPPEN, BUT THEY DO ALREADY HAVE. THEY STEP OFF. I JUST WANT TO ACKNOWLEDGE AND THANK YOU. ON THE PROJECT, WE ASK YOU TO FIND SOME PARTNERSHIPS AND YOU DID IN A BIG WAY. AND I JUST DIDN'T WANT THAT TO PASS UNNOTICED. SO THANK YOU FOR DOING THAT. APPRECIATE THAT. KUDOS TO YOU. 
          I DON'T WANT TO BELABOR THIS, BUT AS WE THOUGHTFULLY PLANNED THE FUTURE, THE NEXT FIVE YEARS IN DOWNTOWN AND YOU AND I HAD A CONVERSATION AROUND IN TODAY'S DOLLARS, WHAT IT WOULD COST TO CONVERT THE ANDERSON BUILDING INTO A HOTEL. REMIND ME WHAT THAT LOOKS LIKE. THE HOTEL ASSESSMENT, WHICH I AM HAPPY TO SHARE WITH Y'ALL. THE INITIAL INVESTMENT. I THINK IT WAS 1.7, 1.8, AND THAT BOUGHT THE FRANCHISE. BUT IT DOESN'T. I AS FAR AS THE CON, IT WASN'T 100% OF THE INTERIOR CONSTRUCTION COSTS. IT DID INCLUDE SOME. BUT JUST, YOU KNOW, SPEAKING TO THE GROUP AND YOU KNOW HOW ALL THE FUNDING WORKS. WHEN YOU TALK ABOUT A HOTEL, NOW YOU'RE TALKING ABOUT OTHER FUNDING MECHANISMS AND OTHER TYPES OF AGREEMENTS. SO WITH IT BEING PARTICULARLY DOWNTOWN, THEN YES, THAT WOULD BE A PADDOCK, YOU KNOW, GUNG HO THING. BUT THEN WE ALSO, YOU KNOW, THAT WOULD INCREASE YOUR HOT FUNDS. AND SO THERE ARE WAYS TO PULL FROM OTHER AREAS THAT YOU CAN DO 380 AGREEMENTS TO WHERE IT'S ON FUTURE REVENUE. THAT'S HOW THE MAJORITY OF YOUR THREE 80S ARE ON YOUR LARGER DEVELOPMENTS LIKE CROSSROADS, YOU HAVE DEVELOPERS WHO DO THE INITIAL INVESTMENT AND THEN THEIR REIMBURSEMENT OCCURS ON FUTURE REVENUE, SO THAT THOSE ARE JUST DIFFERENT TYPES OF AGREEMENTS THAT CAN COME FORWARD. AND IT CAN BE FUTURE SALES TAX REVENUE OR FUTURE HOTEL OCCUPANCY REVENUE. SO JUST TO KIND OF GIVE YOU ALL AN IDEA, THAT'S HOW HOTEL TYPE CONTRACTS HAPPEN IN EDC AND HOBT FUN WORLD. 
          THANK YOU ALL FOR YOUR TIME THIS MORNING. IS THERE ANYTHING ELSE? IF NOT, I'LL ENTERTAIN A MOTION TO ADJOURN. THANK YOU. HILLARY.
* This transcript was compiled from uncorrected Closed Captioning.