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RIGHT.[Garland Foundation for Development]
IS MONDAY, AUGUST 16TH, 2021.UH, THIS IS A MEETING OF THE BOARD OF DIRECTORS OF THE GARLAND FOUNDATION FOR DEVELOPMENT.
UH, WE DO HAVE, UH, I DON'T SEE ANYONE, UH, IN THE ATTENDEES, UH, SECTION AT THIS POINT.
UH, I THINK WE HAD A COUPLE OF PEOPLE WHO HAD SIGNED UP TO SPEAK OR NOT NECESSARILY TO SPEAK, BUT TO ATTEND.
UM, I DON'T SEE ANY, EITHER ONE OF THEM, UH, IN, IN THE QUEUE I WAS GOING TO PROVIDE, UH, FOR PUBLIC COMMENTS, UH, IF THEY COME IN TO THE QUEUE, UH, WE'LL, WE'LL TRY TO WORK THAT IN, UH, THE FIRST ITEM ON OUR AGENDA IS APPROVAL OF THE MINUTES OF THE JULY 5TH, 2021 MEETING.
I HAVE A MOTION FOR APPROVAL BY DIRECTOR WILLIAMS AND A SECOND BY DIRECTOR ALBAN, UH, WITHOUT ANY DISCUSSION CA UH, DIRECTORS PLEASE VOTE.
AND THAT IS APPROVED UNANIMOUSLY ITEM TWO CONSIDERATE DELAY CONSIDERING THAT'S A NEW WORD, UH, CONSIDER DELIBERATE OR TAKE ACTION ON A RESOLUTION ITEM TWO, A APPROVING THE PURCHASE OF REAL PROPERTY NEAR THE INTERSECTION OF NORTH GLENBURG DRIVE AND WEST WALNUT STREET AND AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE SUCH DOCUMENTS NECESSARY TO COMPLETE THE TRANSACTION, UH, DIRECTORS.
I'VE GOT A SHORT PRESENTATION.
UH, THIS IS, UH, A PROPERTY THAT YOU'RE FAMILIAR WITH, UM, AT THREE 16 NORTH GLENBROOK, IT'S GOING TO PULL UP A MAP UP HERE REAL QUICK.
UM, SO THE PROPERTY WE'RE LOOKING TO ACQUIRE IS AT THREE 16 NORTH GLENBROOK, IT'S MADE UP OF TWO PARCELS OUTLINED IN RED.
UH, THEY TOTAL ABOUT A HALF ACRE.
UH, IT'S ADJACENT TO THE WOMEN'S ACTIVITY CENTER, CENTRAL LIBRARY, AND THE LANDMARK MUSEUM.
UH, WE HAVE A, UH, VERBAL MAYBE ASSIGNED COMMITMENT FROM THE PROPERTY OWNER FOR THAT ACQUISITION PRICE OF ABOUT 285,000.
UH, IT WAS RIGHT IN THE RANGE OF WHAT WE HAD HOPED TO PAY FOR THE PROPERTY.
UM, IN THE SHORT TERM, WE PLAN TO REPURPOSE THE 2000 SQUARE FOOT OFFICE BUILDING FOR USE, UM, DURING THE CENTRAL LIBRARY RENOVATION, UH, WE'RE STILL GETTING KIND OF MAKING A SPACE PLAN EXACTLY FOR WHAT WE WANT TO DO WITH THE 2000 SQUARE FOOT BUILDING, BUT MOST LIKELY IT'LL HOST HOST SOME ADMINISTRATION OFFICES, UM, AND POTENTIALLY SOME STORAGE SPACE.
UM, AND, UH, WE'VE ALSO LEARNED RECENTLY THE WOMEN'S ACTIVITY CENTER, UH, WILL POTENTIALLY BE AVAILABLE FOR OUR USE AS WELL HERE IN THE NEAR FUTURE.
SO, UH, SHORT TERM, UH, BOTH THOSE BUILDINGS WILL REALLY HELP US DURING THE CENTRAL LIBRARY CONSTRUCTION PROJECT AND THEN LONGTERM.
UH, WE WANT TO LOOK TO REDEVELOP, UM, BOTH OF THESE PROPERTIES, WHICH, UM, IF WE ACQUIRE THE THREE 16, WE'LL END UP, UH, REALLY OWNING EVERYTHING FROM SIXTH TO GLENBROOK NORTH OF AUSTIN, UH, AND IT'LL PRESENT US WITH A LONGTERM REDEVELOPMENT OPPORTUNITY THAT, UM, WE'LL, WE'LL LOOK FORWARD TO PLANNING THAT OUT, UM, AND COMING UP WITH A GOOD REDEVELOPMENT PLAN.
SO, UH, WITH THAT HAPPY TO ANSWER ANY QUESTIONS YOU MIGHT HAVE ON, ON ITEM TWO, A VERY GOOD, UH, ANY QUESTIONS, UH, FOR ITEM TWO, A, WE HAVE DISCUSSED THIS PREVIOUSLY.
UM, ALL RIGHT, SO THAT WILL MOVE US TO, OKAY, SO SORRY.
I'M GETTING AHEAD OF MYSELF HERE.
YEAH, WE DO A NEAT ACTION ON, ON THIS ITEM, RIGHT.
UM, IF YOU COULD UNSHARE YOUR SCREEN FOR ME.
THAT WAY I CAN SEE EVERYBODY'S FACES.
IT WAS LIKE, YOU'RE NOT ON SHARING.
YOU'RE CHANGING THE SCREEN, UH, DIRECTORS, YOU'VE ALL SEEN THE PROPOSAL ON THIS.
DID YOU NEED A MOTION, SIR? YES, SIR.
APPROVAL OF THE PURCHASE AS PRESENTED.
I HAVE A MOTION BY DIRECTOR SMITH, SECOND BY
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DIRECTOR VERA, UH, TO APPROVE THE PURCHASE, UH, PROCEEDINGS ON THIS ITEM, UH, CA UH, DURA, PLEASE VOTE TRANSLATING DIRECTOR TO COUNSEL IN MY HEAD, ALWAYS DOES NOT ALWAYS GO WELL.I LET THE RECORD SHOW THAT THAT IS UNANIMOUS AND THAT WILL MOVE US TO ITEM TWO B APPROVING THE PURCHASE OF REAL PROPERTY NEAR RIDGE CREST DRIVE AND LAKE MERE DRIVE AND AUTHORIZE THE EXECUTIVE DIRECTOR TO EXECUTE SUCH DOCUMENTS NECESSARY TO COMPLETE THE TRANSACTION.
NOW WE CAN GO BACK TO YOUR OTHER SCREENS.
UH, SO AGAIN, ANOTHER PURCHASE THAT YOU ARE SOMEWHAT FAMILIAR WITH, UM, TWO PROPERTIES AT THE END OF LAKE MERE, THEY'RE BOTH LAKE MERE ADDRESSES, UH, 2102 AND 2106.
UH, WE HAVE, UH, SIGNED CONTRACTS FROM BOTH OWNERS, UH, FOR THE PRICES THAT YOU SEE ON THE SCREEN THERE FOR 25, FOR 2,102 AND TWO 40 FOR 2106.
UM, THEY, UH, PROVIDE FOR 2,106 PRETTY STRAIGHT FORWARD, UM, PLAN TO CLOSE ON THAT AS SOON AS POSSIBLE.
AND, UM, IT'S A HOME THAT'S IN PRETTY BAD SHAPE.
UH, AND THEN 2102, UH, WE'VE WORKED OUT AN ARRANGEMENT WITH THE OWNERS, FOR THEM TO STAY IN THE, UH, STAY IN THE HOME FOR REALLY UP TO 18 MONTHS IF NEED BE.
UM, SO THIS IS OF COURSE, A STRATEGIC PARK, UH, FUTURE PARK ACQUISITION AND CREATION, AND WE'RE LOOKING TO ASSEMBLE THESE TWO PROPERTIES TO HELP, HELP PUT THAT PLAN TOGETHER.
SO I'M HAPPY TO ANSWER ANY QUESTIONS.
AND I KNOW, UM, DIRECTOR ROBIN HAS BEEN INVOLVED IN THIS AS WELL.
UM, IF YOU WANT TO SHARE ANY, ANY OTHER UPDATES OR ANY OTHER INFORMATION THERE, UH, I DON'T REALLY HAVE ANYTHING ELSE TO SAY COUNSEL, OTHER THAN THAT, YOU KNOW, THE, UH, THESE ARE PRICES THAT WERE PUT TOGETHER AND NEGOTIATED BY, UM, BY OUR REAL ESTATE AGENTS, CYNTHIA LOPEZ, THE LAKE MERE PROPERTY IS ACTUALLY SUBSTANTIALLY BELOW THE CURRENT APPRAISED VALUE, BUT GIVEN THE CONDITION OF THE PROPERTY, IT'S IT'S FAIR PRICE.
AND THEN THE, THE ARMITAGE PROPERTY I THINK, IS GOING TO BE SPECTACULAR AND REALLY APPRECIATE COUNCIL'S SUPPORT ON THIS.
I APPRECIATE THE DIRECTOR SUPPORT ON THIS.
UM, THIS IS TRULY A, A, A REALLY GREAT AND UNUSUAL, REALLY A LANDMARK OPPORTUNITY FOR US TO, UM, TO BUILD A, A SPECTACULAR PARK IN A PART OF THE CITY, UH, WHERE WE ARE SO DEFICIENT.
AND SO, UH, REALLY INVITE YOU ALL, LOOK, YOU KNOW, TO GET OUT THERE AND TAKE A LOOK AT WHAT WE'RE WORKING ON.
THERE ARE SOME OTHER THINGS WE'RE WORKING ON THAT WE CAN'T OBVIOUSLY DISCUSSION OPEN SESSION, BUT, UM, BUT THINGS ARE MOVING FORWARD AND SO SUPER HAPPY.
AND I LOOK FORWARD TO GETTING YOUR SUPPORT FOR THIS, AND UNLESS THERE'S ANY OTHER DISCUSSION MAYOR, UM, I'LL GO AHEAD AND MOVE THAT WE APPROVE THE APPROVAL OF BOTH OF THESE UP THERE.
I'VE GOT A DEPUTY MAYOR PRO TEM IN THE QUEUE.
DIRECTOR WILLIAMS IN THE QUEUE.
I'LL CALL SOMEONE AUBURN THE PROPERTY.
THERE WAS SOME DISCUSSION BEFORE THE PROFIT THAT'S NORTH OF 2102 AND THE STRIP SOUTH, THERE WAS SOME DISCUSSION ABOUT THEY WERE OFFERING THERE ANY UPDATE, IS THAT, IS THAT THOSE PROPERTIES OUT OF THE EQUATION NOW, GIVEN THAT ALL OF THAT OCCURRED IN CLOSED EXECUTIVE SESSION, UH, AND THIS IS NOT A CLOSED EXECUTIVE SESSION.
I THINK IT'S PROBABLY INAPPROPRIATE FOR US TO DISCUSS, UH, OTHER PROPERTY.
I WILL JUST DRAW THE QUESTION, TALK ABOUT THAT STUFF EITHER IN EXECUTIVE SESSIONS, I JUST DON'T WANT TO, YOU KNOW, ANYTHING THAT'S, WE'RE HERE JUST TO APPROVE THESE TWO PROPERTIES.
UH, DIRECTORS, YOU'VE HEARD, UH, YOU'VE SEEN THE PROPOSAL, UM, AND I WILL LOOK AND, UH, DIRECTOR ALBAN HAS MADE A MOTION, UH, FOR APPROVAL AND WITH A SECOND, UH, BY DIRECTOR BASS ON THAT ONE, I WOULD SAY ALL THESE DISCUSSION PLEASE VOTE.
AND THAT IS APPROVED UNANIMOUSLY.
THAT WAS THE LAST ITEM TO COME BEFORE IT DIRECTOR MOORE.
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MY YES IS BACKWARDS.IT'S IT'S BACKWARDS TO YOU, NOT US.
UH, WITH THAT, UH, AT 9 37, UH, WE ARE ADJOURNED.