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HOW YOU DOING?[Tax Increment Financing Boards - #2 on May 28, 2025]
HEY, HOW'S IT GOING? YEAH, THERE.SHOULD I PUT SOME IN FRONT OF ALL THE CHAIRS? OH, OKAY.
MICHAEL, THANKS FOR HELPING OUT WITH THAT.
AND JOHN, THANK YOU FOR, THANK YOU EFFORT FOR COMING.
CAN YOU GUYS, IT'S UH, SIX 17 INTO THE MIC.
WHY DON'T WE, UH, START IT OFF NOW THAT EVERYONE'S PRESENT.
SO HERE'S, UH, THE AGENDA THAT Y'ALL HAVE IN FRONT OF Y'ALL.
AND THE FIRST ITEM IS, UH, JUST A WELCOMING AND INTRODUCTION AND KIND OF GO AROUND THE TABLE AND, AND INTRODUCE OUR OURSELVES.
'CAUSE IT'S THE, THE TIFF AND I'LL GET INTO IT LATER.
THE TIFF, THIS TIFF HAS NOT MET IN QUITE SOME TIME, SO A LOT OF US PROBABLY DON'T KNOW EACH OTHER.
I'M THE CHIEF FINANCIAL OFFICER FOR THE CITY OF GARLAND.
AND TYPICALLY WITH THE TIFFS I DO A LOT OF THE PRESENTING BECAUSE IT HINTS IN THE NAME TAX AND C FINANCING.
SO IT TYPICALLY FALLS IN THE FINANCIAL REALM.
UM, I WILL TRY TO ANSWER ANY ECONOMIC DEVELOPMENT OR ANY OTHER PARKS, ANY OTHER QUESTIONS Y'ALL MAY HAVE.
UH, SO DON'T JUST LIMIT IT TO JUST A FINANCIAL DISCUSSION.
BUT WITH THAT, JUST CHAIR, IF Y'ALL WANT TO INTRODUCE Y'ALL OURSELVES.
AND, UM, WE'LL JUST GO AROUND THE TABLE AND JUST GET AN INTRODUCTIONS.
WOULD YOU LIKE TO START? WE'LL JUST WORK OUR WAY AROUND.
I'M DAMON WILSON, UH, GARLAND RESIDENT SINCE MOVED HERE FROM TAMPA IN 2014, I BELIEVE.
YEAH, SO, UM, PRETTY BEEN, PRETTY MUCH BEEN ENGAGED IN, UH, THE CIVIC ENGAGEMENT AND JUST THE COMMUNITY SERVICE ENGAGEMENT.
AND IN GARLAND JUST TRYING TO BE, YOU KNOW, PRETTY INVOLVED IN THE COMMUNITY AND SAW AN OPPORTUNITY TO JOIN THE BOARD.
SO I'M LOOKING FORWARD TO THAT.
I HAVE A ACCOUNTING AND FINANCIAL BACKGROUND.
I HAVE A BACHELOR'S IN ACCOUNTING, MBA IN FINANCE.
UM, SO THAT'S PRETTY MUCH THROUGHOUT MY CAREER.
CURRENTLY I'M A COMMERCIAL FINANCE MANAGER AT SOUTHERN GLAZER'S FARMER'S BRANCH.
A LOT OF MY EXPERIENCE HAS BEEN WITH THAT ON COCA-COLA.
SO ANYWAY, I LOOK FORWARD TO WORK WITH EVERYONE AND SEE WHAT WE CAN DO.
I'M IN RESIDENT OF DISTRICT THREE AND OH,
UM, I'VE BEEN LIVING IN GARLAND ABOUT 48 YEARS, BASICALLY MY WHOLE LIFE.
AND, UH, GOT ONE KID IN KINDERGARTEN OVER AT HERFORD.
AND, UH, JUST, UH, THAT'S ABOUT IT.
I'VE LIVED IN GARLAND FOR ABOUT 35 YEARS, AND I HAVE A BACHELOR'S IN BUSINESS MANAGEMENT.
I'M A CERTIFIED INTERNAL AUDITOR.
I HOLD PROFESSIONAL CERTIFICATIONS AND RISK MANAGEMENT AS WELL.
I WORK IN THE FINANCIAL INDUSTRY AND I PROVIDE RISK MANAGEMENT SERVICES.
UH, BACHELOR'S IN ACCOUNTING, CPA, UH, BEEN SELF-EMPLOYED, BUILD A HOME BUILDING, ET CETERA.
SINCE 10 YEARS OUT OF COLLEGE, UH, HAVE BEEN INVOLVED IN GARLAND QUITE A BIT OVER THE YEARS.
WAS ON THE PLAN COMMISSION BACK IN THE EIGHTIES, COUNCIL BACK IN THE EIGHTIES.
UH, HAVE BEEN ON THE TMPA BOARD FOR 20, I THINK THREE OR FOUR YEARS, AND HAVE BEEN ON THIS TIFF BOARD, I THINK SINCE ITS INCEPTION.
BUT I DIDN'T SET UP THE RULES.
I'VE BEEN IN GARLAND SINCE 1985.
I'VE BEEN A FINANCIAL ADVISOR FOR 40 YEARS, STILL WORKING.
I'M, I SHOULD BE RETIRED, BUT I LIKE WHAT I DO AND I LIKE HELPING PEOPLE AND I LIKE MAKING MONEY.
AND SO I'VE CONTINUED TO DO WHAT I DO.
UM, BEEN INVOLVED IN VARIOUS, UH, COMMITTEES AND BOARDS.
I WAS ON THE PLAN COMMISSION FOR EIGHT AND A HALF YEARS, UH, PERFORMING ARTS BOARD, UH, STREETS AND TRANSPORTATION, UH, BOND COMMITTEE, UH, UM, IT SEEMS LIKE THERE'S ANOTHER ONE I'M FORGETTING, BUT BEEN VERY INVOLVED, NOT SO INVOLVED THE LAST MAYBE 10 YEARS.
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I'M GETTING TO A POINT WHERE I'D LIKE TO MAKE A DIFFERENCE IN MY COMMUNITY.AND SO THAT'S WHY I'M HERE TODAY.
BOUGHT MY FIRST HOUSE IN 1969 AND, UH, STILL ON IT.
AND, UH, I REALLY LIKED THE CITY OF GARLAND, GET RID OF THIS THING.
TRIED TO HELP IT EVERY WAY THAT I CAN, SITTING ON DIFFERENT BOARDS FROM, FROM STARTED THE, UH, PROGRAM OF RECYCLING CURBSIDE THAT CURBSIDE RECYCLING AND TRIED TO REDUCE THE INPUT INTO THE LANDFILL.
I TRIED TO DO A LOT OF THINGS TO TRY TO HELP THE CITY OF GARLAND BE AS ECONOMICALLY RUN AS POSSIBLE.
I THINK THE CITY OF GARLAND'S GOT A GREAT FUTURE, EVEN THOUGH IT IS ENCAPSULATED IN ALL THE CITIES AROUND IT.
SO NOW IT'S GOT A LOT OF, UM, REPAIR YEAH, REPAIR AND REDEVELOPMENT.
I DON'T KNOW HOW FAR ALONG THEY ARE ON GET, REPLACING ALL THOSE, UH, CAST IRON WATER PIPES.
IS THAT A STILL ONGOING PROGRAM? YES, IT IS.
AND I, I, I THINK THE LAST, THE, SO THE, THE, THERE'S ACTUALLY FEDERAL REQUIREMENTS NOW TO REMOVE ALL THE, THE CAST IRON, UH, WATER, WATER LINES AND, AND TO DATE, I BELIEVE WE HAVE, WE, SO OF COURSE WE HAD TO GO BACK AND LOOK THROUGH 'EM AND IT LOOKS, APPEARS RIGHT NOW THEY'RE NOT DONE THAT WE DO NOT HAVE ANY MORE CAST IRON.
START WITH
JUST, THEY JUST DON'T WORK OUT THAT WELL.
SO THE CITY JUST HAD TO STEP UP TO THE BALL GAME ON THAT AND GET THOSE CAST IRON PIPES OUT AND GET SOMETHING IN THAT COULD TAKE THE PLEX OF THAT SOIL.
UH, OF COURSE, IF YOU'RE A HOMEOWNER, YOU KNOW ALL ABOUT THAT TOO.
BUT I REALLY LIKE THE CITY OF GARLAND.
ALL MY KIDS WENT THROUGH GARLAND, ISD AND, AND, UH, SO I'M HAPPY TO SERVE AS LONG AS I CAN ON THE CITY BOARDS.
UH, SO THE NEXT ITEM IS APPROVAL OF MINUTES.
AND SOME OF YOU WERE NOT EVEN HERE DURING THIS, BUT I, I WILL TELL YOU THAT THE, UH, MINUTES OF THE LAST MEETING FROM AUGUST 28TH, 2019, THERE WASN'T ANY ACTIONABLE ITEMS ON THERE.
IT WAS AN KIND OF AN UPDATE, SIMILAR WHAT YOU'RE GONNA GET HERE TONIGHT.
UM, BUT IF WE COULD JUST HAVE Y'ALL PERUSE THROUGH THAT AND GET A MOTION AND SECOND AND SEE IF WE CAN GET THOSE AT LEAST PUT IN, SET IN STONE FOR COURTNEY.
THEN BY STATE LAW WE USUALLY HAVE TO HAVE A SECTION FOR PUBLIC COMMENT, BUT I KNOW NOT SEE ANYONE FROM THE PUCK, UNLESS ALLISON WANTS TO TALK.
MOVE THROUGH THAT THEN SHERIFF.
I WAS JUST GONNA JUMP INTO THE ITEMS FOR INDIVIDUAL CONSIDERATION.
AND WE LABELED THIS FY FI, WHICH STANDS FOR FISCAL YEAR 2025 FINANCIAL OVERVIEW.
BUT REALLY THIS IS GONNA BE KIND OF A, FOR SOME OF YOU, A HISTORICAL LOOK BACK AT HOW THE TESTS PERFORMED, WHY IT WAS CREATED, AND HOW IT WORKS, AND THEN THE ROLE OF THIS BOARD AS WELL.
I WANTED TO GO AHEAD AND TALK KIND OF THROUGH EVERYTHING ALL IN ONE FELL SWOOP AND THEN MOVING FORWARD, UH, JUST TRYING TO GET SOME DIRECTION ON FUTURE MEETING DATES.
WHAT DATES WOULD WORK BEST FOR Y'ALL? SO, CHAIR, IF IT'S ALL RIGHT TO JUST JUMP RIGHT IN.
SO T WE CALL 'EM TIFFS HERE AT THE CITY OF GARDEN, WHICH STANDS FOR TAX INCREMENTAL FINANCING.
YOU MAY ALSO HEAR THE TERM TS, WHICH IS MORE, UH, PRETTY MUCH THE EXACT SAME THING AS A TIF.
THEY'RE, THEY, THEY, THEY JUST HAVE DIFFERENT ACRONYMS. UH, TIFS WERE CREATED BY, BY STATE LAW IN 1979, AND IT'S ACTUALLY GOVERNED UNDER CHAPTER THREE 11 OF THE TAX CODE.
AND THIS CHART BASICALLY SHOWS YOU IN A DIAGRAM HOW A, A TIFF OPERATES.
SO WHERE, WHERE YOU SEE WHERE IT SAYS CREATION WHEN A TIFF IS CREATED, AND IN THIS CASE, THIS TIFF WAS CREATED JANUARY 1ST, 2025 IN THE GEO GEOGRAPHIC BOUNDARY OF THAT TIFF, THERE'S WHAT'S CALLED A BASE VALUE.
AND SO WHATEVER THE PROPERTY TAXES WERE IN 2005, THAT'S SOMEWHAT FROZEN TO GO TO THE, TO THE CITY'S GENERAL FUND, WHICH IT GOES TO FUND ALL THE POLICE AND OPERATIONS AND ANY INCREMENTAL
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VALUE ON TOP OF THAT FROM GROWTH GOES INTO A TIF FUND, WHICH WAS WHERE Y'ALL COME IN AND THAT TIF FUND.AND AS INCREMENTAL REVENUES COME IN, THERE IS WHAT'S CALLED A TIF PROJECT AND FINANCE PLAN.
AND I WILL EMAIL THAT ALL TO ALL OF Y'ALL.
IT'S, IT'S AN OLD DOCUMENT, AND I'LL GET INTO WHY IT'S AN OLD DOCUMENT HERE IN A LITTLE BIT.
BUT FROM WHAT, FROM THAT, WHAT THE TIF BOARD DOES IS MAKES RECOMMENDATIONS TO CITY COUNCIL FOR PROJECTS TO GO INSIDE THAT TIF TIF PLAN.
AND THAT IS Y'ALL'S PRIMARY ROLE IS TO MAKE RECOMMENDATIONS AND GOVERN THAT TIF DOCUMENT SO THAT, UH, ANY RECOMMENDATIONS FOR FUTURE REVENUE GROWTH GO THROUGH Y'ALL FIRST BEFORE CITY COUNCIL MAKES THE FINAL APPROVAL FOR THOSE PROJECTS TO BE DONE.
AND YOU CAN ONLY DO PROJECTS WITHIN THAT GEOGRAPHIC AREA.
SO YOU CAN'T GO OUTSIDE THE BOUNDARIES OF THE TIFF.
AND SO OVER TIME, IN THEORY, YOU'RE GOING TO HAVE GROWTH FROM ECONOMIC DEVELOPMENT ACTIVITY.
SO A TIFF BOARD MAY CHOOSE TO, TO FUND SOME ROADWAYS, TO FUND SOME BEAUTIFICATION PROJECTS, SUCH AS LIKE THE DOWNTOWN SQUARE.
AND FROM THAT ECONOMIC GROWTH OCCURS, CREATING MORE PROPERTY TAX REVENUE THAT COULD THEN BE USED FOR ADDITIONAL PROJECTS DOWN THE ROAD.
AND THE INTENT IS FOR A TIF TO HAVE A USEFUL LIFE.
AND, AND IN THIS CASE, UH, TIF TWO IS SET TO EXPIRE DECEMBER 31ST, 2025.
AND THEN ONCE IT, UH, EXPIRES, ALL THAT REVENUE NOW JUST GOES BACK TO THE GENERAL FUND.
SO THE INTENT IS JUST TO TRY TO BUCKLE UP ENOUGH MONEY TO DO ECONOMIC DEVELOPMENT PROJECTS WITHIN A REGION TO HELP DRIVE MORE GROWTH UP, THEN EVENTUALLY DISMAN, AND THEN THE GENERAL FUND GETS THE, TO REAP THE BENEFITS OF THAT, TO PUT MORE POLICE, MORE FIRE OUT ON THE STREETS.
WHEN THIS WAS ORIGINALLY ESTABLISHED IN, UH, 2005, THE INTENT OF IT WAS, UH, SPECIFICALLY TO LOOK AT THE HARBOR POINT AREA, WHICH IS WHERE BASS PRO IS.
AND THIS IS WHERE IT, WHERE THE, THE, THE PROJECT PLAN COMES INTO PLAY AND WHY IT'S OLD.
SO THE, THE ORIGINAL PROJECT THAT WAS PUT IN TO THE PROJECT PLAN WAS TO PURCHASE THE LAND THAT IS WHERE BASS PRO IS SITTING ON AND TO DO THE CONSTRUCTION OF THE, THE PARKING LOT AND ALL THE IMPROVEMENTS AROUND IT.
SO THAT WAS PART OF THE 2004 BOND PROGRAM.
IT WAS ABOUT $25 MILLION DEBT ISSUANCE AND IT FUNDED ALL OF THAT.
UH, DALLAS COUNTY DID START PARTICIPATING IN THE TIF WITH 55% OF THEIR INCREMENTS.
SO WE'RE PUTTING IN A HUNDRED PERCENT OF OURS.
DALLAS COUNTY IS PUTTING IN 55% OF THEIRS, AND THEY STARTED PARTICIPATING IN 2007.
AND RIGHT NOW, THIS PROJECT AND FINANCE PLAN HAS REALLY TWO PROJECTS.
THERE ARE SOME INCENTIVES GIVEN TO THE BASS PRO SHOP OWNERS, AND THEN THERE'S THE, THE DEBT ISSUANCE ASSOCIATED WITH THAT LAND ACQUISITION.
THIS MAP SHOWS THE GEOGRAPHIC BOUNDARIES OF WHERE THE TIFF LIES.
THE REVENUES GENERATED FROM THESE RED LINES AND THE ONLY EXPENDITURES CAN OCCUR WITHIN THESE RED LINES.
SO YOU CAN SEE THAT IT FOLLOWS THE ENTIRE LINK TO THE I 30 CORRIDOR.
HOWEVER, LIKE I MENTIONED BEFORE, THE ONLY PROJECT THAT'S UH, CURRENTLY IN PLAY IS THAT DEBT SERVICE ASSOCIATED WITH THE HARBOR POINT, WHICH IS RIGHT UP THERE AT THE TOP.
AND IT WAS, IT WAS CREATED TO STRETCH THAT ENTIRE LENGTH BACK TO THAT CONCEPT OF THE BASS PRO SHOP WAS GONNA CREATE ALL THIS DEVELOPMENT AND THEN YOU COULD USE, USE THE FUNDS TO DO OTHER IMPROVEMENTS.
HOWEVER, THE TIF JUST DIDN'T QUITE PAN OUT LIKE THE, THE, UH, THE ORIGINAL PEOPLE THAT PUT THE TIF PROGRAMS TOGETHER.
20 YEARS AGO, THE REVENUES DID NOT GENERATE ENOUGH ONE TO COVER THE DEBT SERVICE ASSOCIATED WITH THE BASS PRO LAND.
AND TWO, THERE WAS A MAJOR, MAJOR RECESSION THAT OCCURRED IN 2008 AS, AS WE ALL KNOW, THE GREAT RECESSION.
SO YOU CAN SEE THIS IS THE REVENUE PER YEAR THAT THE TIF NUMBER TWO HAS GENERATED.
SO YOU CAN SEE IN 2007 TO 2008, THERE'S A LITTLE JUMP, IT'S STARTING TO GET SOME MOMENTUM.
THAT'S DALLAS COUNTY JOINING IN, AND THEN ALL OF A SUDDEN THE GREAT RECESSION HITS.
AND YOU CAN SEE IT TOOK US EIGHT YEARS TO GET BACK TO THE REVENUE LEVELS THAT WE WERE EXPERIENCING IN 2009.
AND FOR A TIFF THAT'S DETRIMENTAL 'CAUSE YOU'VE GOTTA HAVE THAT INCREMENTAL GROVE TO CONTINUE MOVING ON.
BUT WHAT YOU SEE ON 2022 TO 2025, THERE WAS A HUGE SPIKE.
SO AFTER COVID, THE ECONOMY WAS BOOMING AND WE'VE SEEN A HUGE SPIKE IN NEW CONSTRUCTION VALUE.
SO MEANING NEW PROJECTS HAVE COME INTO THE, THE TIFF, UH, BOUNDARIES KIND OF JUST ORGANICALLY BECAUSE THE ECONOMY WAS DOING SO WELL.
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YOU THERE FOR A SECOND? SURE.HOW IS THAT CONSTRUCTION VALUE DETERMINED? IS THAT THROUGH THE PERMITTING PROCESS AT THE CITY OR SOME OTHER? SO IT, IT'S, IT IS AN, UH, DALLAS APPRAISAL DISTRICT IS THE ONES THAT TERM DETERMINES THAT.
SO THAT'S 173.7 MILLION AS APPRAISED BY DALLAS COUNTY.
BUT THEY DO LOOK AT PERMANENT DATA.
THEY LOOK AT THEIR OWN DATA TO DETERMINE THAT NUMBER, BUT THERE'S BEEN ABOUT 173.7 MILLION SINCE 22 THAT'S BEEN ADDED INTO THIS TIF ZONE THAT HAS CREATED THIS HUGE SPIKE IN REVENUE OVER THE LAST FOUR YEARS.
IS IS THERE A BREAKOUT? IS LIKE WHAT, WHAT ARE THE PRIMARY DRIVERS IN THAT? IS IT I, I'LL, I WAS GONNA SHOW YOU.
I'LL, I'LL GET TO THAT HERE IN A MINUTE, BUT, UH OH, THAT'S ALL RIGHT.
ASK ALL THE QUESTIONS Y'ALL WANT.
YOU DID MENTIONED THAT BASS PRO, ARE THEY PAYING ANYTHING ON THAT DEBT THAT WOULD, IS BASSPRO PAYING IT? NO, BASS PRO IS NOT PAYING ANYTHING ON THE DEBT.
THE INTENTION OF THAT WAS THE PROPERTY VALUES ASSOCIATED WITH BASS PRO AND ALL AT THE TIME, THERE WAS THIS THOUGHT THAT THERE WAS GOING TO BE THIS HUGE EXPANSION OF ECONOMIC DEVELOPMENT AROUND IT AS KIND OF A CATALYST TO CREATE MORE.
ONE, UH, HONESTLY, I THINK THEY OVER PROJECTED IT AND TWO, THE GREAT RECESSION OCCURS, AND THERE'S JUST NO ACTIVITY AROUND IT REALLY.
SO THE, THE WAY IT'S PAID BACK IS THROUGH PROPERTY TAX REVENUE GENERATION, AND THE TIFF IS SUPPORTING A PORTION OF THAT.
BUT I'LL GET IT IN THE SLIDES BEFORE TO SHOW YOU HOW FAR BEHIND THE TIFF IS AND PAYING THAT DEBT SERVICE BACK.
AND WHEN YOU EMAIL US, WOULD YOU RESEARCH AND, AND ANSWER THE QUESTION, IS BASSPRO CURRENTLY PAYING PROPERTY TAXES? YES, THEY ARE.
AND I, I'LL TELL YOU HOW MUCH, OKAY.
SO THE QUESTION, WHAT CAUSED THIS HUGE RUN UP? SO I, I WENT BACK THROUGH AND IT REALLY BECAME, UH, THE REASON FOR THE BIG RUN UP IN THE PROPERTY TAXES OVER THE LAST FEW YEARS IS DUE TO THE EAST PROJECT.
SO LAKE VIEWPOINT IS UP THERE, RIGHT THERE AT THE CORNER OF THE HARBOR POINT, AND THAT'S A 272 UNIT APARTMENT COMPLEX.
AND THAT BROUGHT ABOUT $50 MILLION OF NEW VALUE INTO THE CITY AT WATER APARTMENTS IS ANOTHER ONE THAT CAME IN, BROUGHT ABOUT, UH, $50 MILLION AS WELL.
IT'S A 381 UNIT APARTMENT AND RIGHT.
KIND OF BACK BEHIND IT IS A SMALL SUBDIVISION THAT'S KNOWN AS BRIDGEWATER THAT HAS SOME LITTLE TOWN HOMES.
IT'S, IT'S FAIRLY SMALL, BUT IT, IT IN, IN AND OF ITSELF BROUGHT A GOOD $20 MILLION OF VALUE MOVING DOWN THE PARKS.
AT ROSE HILL IS A SUBDIVISION THAT HAS, UH, ROUGHLY 130 PLUS HOMES.
THERE, THERE ARE ABOUT $20 MILLION OF VALUE AS WELL.
AND ACROSS THE STREET THERE WAS A HUGE STORAGE, IT'S CALLED STORAGE 360, UH, YOU KNOW, THAT IT WAS BUILT AND IT'S ABOUT 43,500 SQUARE FEET AND IT BROUGHT ABOUT $9 MILLION.
AND THEN THE LOFTS ON I 30, WHICH KIND OF RUNS ALL THE WAY DOWN TO THE BOTTOM END OF THE TIFF, WAS ANOTHER, UM, APARTMENT COMPLEX THAT HAS ABOUT 340 UNITS THAT BROUGHT IN AN ADDITIONAL 30 TO $40 MILLION OF VALUE.
SO ALL OF THESE TOGETHER REALLY MADE UP THE BULK OF THAT RUNUP AND REVENUE THAT I SHOWED ON THE PREVIOUS SLIDE AND MAKE UP THIS 173.7 MILLION OF NEW CONSTRUCTION.
SO I HAVE ANOTHER QUICK QUESTION.
THE RV PARK THAT WAS PUT IN THAT WAS DEVELOPED DURING THIS TIME, DID IT NOT HAVE ANY VALUE? IT DID.
I WAS JUST TRYING TO PINPOINT THE BIG ONES TO GET THE BIG GUYS.
SO, SECONDARY QUESTION, SINCE THERE'S A LOT MORE HOMES, LET'S CALL IT HERE, THAN THERE WERE PREVIOUSLY, HAS THERE BEEN WALMART'S GROCERY STORES, ALL OF THAT COME IN THERE HAS NOT, ARE KROGER'S CLOSING AS THE END? CORRECT.
WHAT KIND OF FOOD DESERT DOES THAT PUT THESE PEOPLE IN? WELL, THAT'S A GREAT QUESTION.
SO WHAT WE'VE BEEN LOOKING TO DO IS WE'RE RIGHT WHERE YOU SEE THE PARKS AT ROSE HILL, WE ACTUALLY OWN ABOUT 15 ACRES, UH, THAT BUTTS UP TO THE FRONTAGE ROAD OF THAT.
AND WE HAVE ACTUALLY BEEN, YOU KNOW, SHOPPING AROUND TRYING TO FIND JUST WHAT YOU'RE TALKING ABOUT AS A MAJOR, UH, GROCERY STORE TYPE ANCHOR WITH, WITH, UH, WITH, UH, SHOPPING CENTERS AROUND IT.
IT'S JUST, UNFORTUNATELY SOME OF THESE GROCERY STORES, THEY, WE WERE TALKING EARLIER ABOUT AI, BUT THEY USE OUR ALGORITHMS TO DETERMINE EXACTLY WHERE THEIR LOCATION IS.
AND THE TALKS OF ANYONE COMING IN, THEY WERE REQUESTING SO MUCH FROM THE CITY, IT JUST DID NOT MAKE FINANCIAL SENSE FOR THE CITY.
SO THE, THE INCENTIVES, INCENTIVES GOT, AND THE AMOUNT OF INCENTIVES REQUIRED TO BRING IN A
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HEB OR A KROGER JUST WAS NOT, IT JUST DIDN'T PAN OUT FOR THE CITY.SO UNFORTUNATELY, WHAT WE ARE, OUR GOAL IS, AND I'LL SHOW YOU IN THE, IN FUTURE SLIDES WITH THE 2025 BOND PROGRAM, OUR INTENT IS TO MAKE THIS VIABLE AND SUSTAINABLE LONG TERM.
SO THAT ONE, EITHER ORGANICALLY THEY'LL COME IN OR TWO, WE HAVE THE DOLLARS NECESSARY TO INCENTIVIZE SOMEONE TO COME IN IF IT MAKES SENSE.
SO BACK TO MY MODELING DISCUSSION IN THE OTHER ROOM.
ARE Y'ALL MODELING THE LIKELIHOOD OF THESE HOUSING AREAS SUSTAINING THE GROWTH NEEDED IF THEY, IF THEY DON'T HAVE GROCERY STORES AND NO ONE WILL DELIVER COST EFFECTIVELY OUT THERE, PEOPLE ARE GONNA MOVE? THAT IS A GREAT QUESTION.
AND IT, AND IT'S ONE THAT'S KIND OF FALLS INTO THE LINE OF CITY COUNCIL AND THE PLAN COMMISSION.
AND WHEN, WHEN, WHEN YOU TALK ABOUT ZONING, RIGHT NOW, WE'RE ACTUALLY TALKING ABOUT, OR WE ARE IMPLEMENTING A NEW COMPREHENSIVE PLAN.
AND WHAT A COMPREHENSIVE PLAN DOES IS LOOK AT THE CITY ENTIRELY AND DETERMINES WHAT IS THE, THE RIGHT ZONE FOR THE RIGHT PARCEL ON OF THE LAND.
AND WHAT WE'RE DOING IS A DIFFERENT STRATEGY WITH THIS COMPREHENSIVE PLAN THAN WE HAVE IN THE PAST.
IN THE PAST, IT'S ALWAYS BEEN IN PLANNER'S MIND, THIS WOULD BE A GREAT SITE FOR A NEW SUBDIVISION.
THIS WOULD BE A GREAT SITE FOR THIS.
BUT IN THIS COMPREHENSIVE PLAN, WE HAVE ENGAGED A CONSULTANT THAT IS LOOKING AT IT WITH MORE OF A FINANCIAL MINDSET.
COULD THIS BE SUSTAINABLE LONG TERM? IS THERE AN ROI TO THE CITY ASSOCIATED WITH THIS? WHAT KIND OF STRAIN IS IT PUTTING ON OUR FIRE AND POLICE? WHAT KIND OF STRAIN IS IT PUTTING ON FOR, UH, TRAFFIC? WHAT KIND OF STRAIN IS IT PUTTING ON FOR GROCERY STORES? SO IT'S A TOTALLY DIFFERENT MINDSET THAN WHAT YOU WERE LOOKING TO IN THE PAST.
AND THEY ARE ABOUT HALFWAY THROUGH WITH THAT.
SO THE CITY COUNCIL WILL BE PROBABLY TAKING THAT ON IN EITHER EARLY 26 OR LATE 2025.
I WON'T EVEN ASK MY QUESTION ABOUT DAYCARES THEN.
IS THAT PART OF THE GARLAND FORWARD OR IS THAT A DIFFERENT CORRECT.
OH, SO DID, UH, IS I THIRTIES THE WORK ON THAT INTERSECTION, WHATEVER OUT THERE, IS THAT COMPLETE YET? NO, IT IS NOT.
UH, I BELIEVE IT'S 2027 IS THEIR TARGET DATE.
BUT IF YOU KNOW ANYTHING ABOUT TEXDOT OR ANYONE, NTTA, THOSE ARE TARGETS.
THERE'S ALWAYS DELAYS, BUT THEIR, I BELIEVE THEIR ESTIMATION RIGHT NOW IS 2027.
SO BASICALLY THAT'S A HINDRANCE.
NEXT QUESTION IS THERE ARE APPROXIMATELY HOW MANY PEOPLE LIVING OUT IN THAT AREA.
AND THE SECOND QUESTION TO GO ALONG WITH THAT IS, THOSE PEOPLE GOTTA EAT.
WHERE ARE THEY GOING TO GET THEIR FOOD?
I DON'T KNOW HOW MANY PEOPLE LIVE IN THAT AREA, BUT I KNOW THAT THERE'S ABOUT 150,000 CARS DAILY ON THAT HIGHWAY.
SO, BUT I'M NOT TALKING ABOUT ON THE HIGHWAY ITSELF.
I'M TALKING ABOUT RESIDENTS IN THIS AREA.
I MEAN, THEY, THEY HAVE TO GO SOMEPLACE.
I KNOW THERE'S SOME APARTMENT COMPLEXES THAT HAVE GONE IN OUT THERE AND SOME OTHER THINGS.
AND, UH, I JUST, I MEAN,
YOU'RE GONNA BE HEADING UP TO WALMART,
BUT, AND, AND YOU KNOW THAT, AND, AND, AND AGAIN, I, I WILL LOOK BACK AT THE GARLAND FORD BECAUSE REALLY THE ONLY WAY THE CITY HAS A STOP THAT IS THROUGH ZONING.
AND WHEN YOU, WHEN YOU'RE LOOKING AT THESE APARTMENT COMPLEXES COMING IN, UH, THIS, THE, THE REASON WHY THIS WAS OCCURRING IS SINGLE FAMILY HOMES WERE SKYROCKETING.
EVERYONE KNOWS THAT WHEN THEY WERE GETTING THEIR PROPERTY TAX BILLS AND SO RENT RENTAL LEVELS, YOU COULD START PRESSING UP ON YOUR RENTAL LEVELS.
SO, UH, MULTI-FAMILY POPPED UP EVERYWHERE, ANYWHERE YOU DRIVE IN THE DALLAS FORT WORTH AREA, THERE'S MULTI-FAMILY POPPING UP EVERYWHERE.
NOW IT HELPED CONTRIBUTE TO THE TIFF, BUT SOME OF THE QUESTIONS Y Y'ALL ARE ASKING ARE MORE GOING TO BE RELATED TO THAT GARLAND FORD AND HOW WE, HOW THE CITY COUNCIL AND FUTURE CITY COUNCILS LOOK AT WHEN AN APARTMENT COMES IN.
DO, ARE YOU WILLING TO SAY NO? AND THAT'S REALLY WHAT IT COMES DOWN TO.
WHAT, WHAT FIRE STATION SERVICE IS THAT AREA? THAT'S FIRE STATION FIVE FIVE.
IS THAT A VERY ACTIVE STATION? IT IS A VERY ACTIVE STATION.
'CAUSE IT HAS TO TAKE CARE OF I 30.
SO GOING BACK TO THE I 30 COMPLETION IS TEXTILE AND IT'S PROBABLY NO.
BUT IS TEXTILE OR THEIR CONTRACTOR GIVING US PENALTIES FOR MISSING THEIR DATES? NO, THEY ARE NOT.
WHEN THEY GET DONE WITH THAT, THEY'RE GONNA START GOING ALL THE WAY BACK TO MESQUITE AND WIDENING AGAIN.
AND I HEARD THEY'RE GONNA TAKE THE
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SHAHA, WELL, BASS PRO AND FLIP IT.GEORGE BUSH IS THE NEXT THING THAT'S ON THE, ON THE HORIZON AND IT'S GOING TO GO ALL THE WAY TO 20.
THEN THEY SAY IF YOU BUILD A ROAD, PEOPLE WILL DRIVE ON IT.
THEY LIKE TO GET THERE AND GO NOT IN TRAFFIC AS MUCH.
ANY MORE QUESTIONS HERE? OKAY.
SO EARLIER YOU MENTIONED ONCE THIS TIF EXPIRES IN 2025 THAT IT, THE, THE, THE FUNDS WILL GO TO THE GENERAL FUND.
HOW, HOW DOES THAT, WILL THAT HAVE ANYTHING TO DO WITH THE, OBVIOUSLY THE BOND THAT WAS JUST, UM, APPROVED, WOULD ANY OF THOSE FUNDS BE ALLOCATED TO THAT OR BE STRICTLY JUST FOR, 'CAUSE I KNOW THE GENERAL FUND HAS TO BE SUPPOSEDLY JUST BE USED FOR THOSE PURPOSES.
AND, AND, AND I SAID GENERAL FUND, BUT TO BE ACCURATE TO, AND TO YOUR POINT, ABOUT 55% OF THAT TAX RATE GOES TO OUR DEBT SERVICE FUND.
SO, UH, WE ARE INCLUDING THAT IN OUR PROJECTIONS THAT THIS WILL DISSOLVE AND THAT 55% OF THAT REVENUE WILL GO TO DEBT SERVICE.
AND, AND WE ARE, ARE PROGRAMMING THAT FOR FUTURE CAPITAL NEEDS.
SO WHEN YOU'RE THINKING ABOUT THE, THE, THE BOND PROGRAM THAT WAS JUST PASSED, THAT PLAYS INTO THAT, THAT WE, THOSE NUMBERS TO ENSURE THAT WE HAVE THE CAPACITY TO NOT HAVE TO RAISE TAXES.
I KNOW THAT THE CITY OF DALLAS OWNS LAKEWAY HUBBARD.
DOES THE CITY OF GARLAND HAVE ANY ACCESS TO THE SHORE? TYPICALLY WHAT THE, HOW THAT'S DONE IS THROUGH A, A LEASE AND, UH, CITY OF DALLAS IS VERY OPEN INTO LEASES.
AND I'LL GET INTO LATER IN THE PRESENTATION, 'CAUSE ONE THING WE'RE LOOKING AT IN THE BOND PROGRAM IS TO CREATE SOME WATERFRONT ACCESS ALONG HARBOR POINT.
AND UH, IN ORDER TO DO THAT, UM, YOU WOULD HAVE TO GO TO THE CITY OF DALLAS AND HAVE A BASICALLY A LEASE AGREEMENT.
IT'S VERY COMMON THAT THEY DON'T PUSH BACK ON A LOT 'CAUSE IT'S BASICALLY, YOU KNOW, MAILBOX REVENUE FOR THEM BECAUSE IT'S JUST LEASE BACK OF THEIR, OF THEIR SHORELINE.
WOULD THAT BE ABLE TO CREATE A SOMETHING WHAT, SOMETHING KINDA LIKE, UH, WHAT, UH, WHAT THEY'VE BUILT OUT THERE ON, UH, LAKE RAY HUBBARD? CORRECT.
SO ROLL'S GOT THEIR, UH, ROLLETTES GOT THEIR, THEIR, UH, DEVELOPMENT THAT'S OCCURRING AND THEN ROCKWELL HAS THEIR DEVELOPMENT THAT'S OCCURRING.
UH, WE'RE NOT LOOKING TO DO SOMETHING EXACTLY LIKE THAT.
WE WANT TO BE KIND OF UNIQUE TO GARLAND, BUT THAT IS ONE OF THE BIG INTENTS OF, OF THIS BOND PROGRAM IS TO CREATE A, A DESTINATION THERE AT THE HARBOR POINT.
UH, AND SO THE YES, THAT IS ON THE HORIZON.
I HATE TO WASTE ALL THAT LAKE FRONT.
GARLAND HAS ABOUT EIGHT MILES OF SHORELINE ALONG LAKE RAY HUBBARD.
SO TO KIND OF ROUND OUT THE DISCUSSION ON THE DEBT SERVICE, SO WHAT THIS SLIDE IS SHOWING WHY, WHY WE ONLY HAVE THE ONE PROJECT IN OUR, OUR PROJECT PLAN AT THIS TIME IS THIS IS THE REVENUE.
AND I JUST HYPED UP THAT WE HAD A BIG JUMP IN REVENUE, BUT THIS IS THE DEBT SERVICE THAT'S ASSOCIATED WITH THAT HARBOR POINT.
SO THIS WAS NOT UNCOMMON IN TIF.
IN THE EIGHTIES, TIFF STARTED POPPING UP EVERYWHERE AND THEY WOULD USE SO BECAUSE THE REVENUE WAS INCREMENTAL AND IT WOULD GROW OVER TIME, THEY WOULD BALLOON PAYMENTS ON DEBT.
SO THAT'S WHAT YOU'RE SEEING HERE.
SO YOU CAN SEE HERE IN, YOU KNOW, 2019 WE WERE PAYING 921,000 IN DEBT SERVICE.
BY THE NEXT YEAR YOU'RE TALKING ABOUT 3.7.
GOOD NEWS IS, IS THAT DEBT SERVICE IS PAID OFF THIS YEAR, IT'S BEHIND US.
UM, AND THE TIFF IS STILL SHOWING SOME GOOD MOMENTUM, ESPECIALLY SINCE 2022 TO 25.
IN FACT, 2020 TO 25, THAT'S, THAT'S SUBSTANTIALLY GREAT PERFORMANCE FOR A TIF.
AGAIN, A LOT OF THAT WAS DUE TO THE ECONOMIC GROWTH AND ITS STRATEGIC LOCATION ON I 30.
BUT, UM, AGAIN, THE, THE TWO BIG DETERRENTS THAT HAPPENED WITH THIS TIF IS ONE THEY OVER PROJECTED IT, IT THAT'S JUST WHAT HAPPENED.
THEY OVER PROJECTED THE REVENUES THAT WOULD BE COMING IN AND THE AMOUNT OF DEVELOPMENT THAT WAS GONNA COME AROUND BASS PRO.
THERE WAS TALK OF THAT WHEN IT FIRST CAME AND IT, THERE WAS A TUG OF WAR BETWEEN IS IT RIGHT OR IS IT NOT THAT IT FINALLY GOT THROUGH AND, BUT IT WAS, I RECALL DISCUSSION ABOUT CAN IT REALLY GENERATE THAT RIGHT EARLY ON? YEP.
AND THEN YOU CAN'T GO THROUGH A CYCLE OF AN EIGHT YEAR RECESSION WITHOUT ANY REVENUE ON TOP OF THAT.
SO IT WAS KIND OF A DOUBLE WHAMMY.
[00:30:01]
THE, THE BALLOON PAYMENTS, WHEN WE LOOK AT TIFFS NOW, UH, I THINK I I I'M NOT EVEN SAYING THIS IS JUST CITY OF GARLAND.I THINK STATEWIDE, WHEN YOU LOOK AT TIFFS NOW, MOST OF THE TIME YOU'RE LOOKING AT MORE OF A PAY GO TYPE SITUATION.
UH, OUR DOWNTOWN TIFFS A GOOD EXAMPLE OF THAT.
WE, WE ARE NOT LOOKING TO ISSUE ANY DEBT TO BE PAID BACK BY THE TIFF.
AND IF WE ARE, IT'S ALWAYS ON A FLAT LINE FIXED RATE.
THERE'S NO VARIABLE RATES, NO BALLOONS.
AND WE WANNA MAKE SURE WE ALWAYS USE CONSERVATIVE PROJECTIONS TO ENSURE THAT WE HAVE THE MONEY TO MAKE THAT HAPPEN.
SO FOR INSTANCE, THE BOND PROGRAM IN 19 GOT OUR DOWNTOWN SQUARE.
THEY, THE TIFF DID CONTRIBUTE A SMALL PORTION, BUT WE KNEW THAT GOING IN BECAUSE WE WANTED TO BE CONSERVATIVE AND NOT HAVE A SITUATION LIKE YOU SEE HERE WITH OUR, OUR I 30 TIFF.
SO KIND, KIND OF MOVING FORWARD.
AND SO I MENTIONED THAT, UH, RIGHT NOW THE, UH, THE TRAJECTORY OF THIS TIFF IS FOR IT TO EXPIRE DECEMBER 31ST, 2025.
BUT THERE IS STILL A LOT OF WORK THAT IS BEING LOOKED AT SPECIFICALLY AT THE HARBOR POINT AREA AS WELL AS THE ROSE HILL AREA, WHICH I MENTIONED WHEN WE WERE TALKING ABOUT THE GROCERY STORES.
UM, BUT RIGHT NOW THERE'S VACANT LAND AT THE HARBOR POINT AREA, ABOUT 40 ACRES.
AND MANY OF Y'ALL MAY REMEMBER THE, THE FAULKNER SITUATION THAT WE HAD WITH ALL THE APARTMENTS AND THE CRISIS.
AND THERE'S A LOT OF SLABS JUST SITTING THERE.
UM, IN THE 2019 BOND, WE SPENT A, A LOT OF OUR ECONOMIC DEVELOPMENT MONEY THAT WE, WE ASKED THE VOTERS FOR IN THAT PROPOSITION, UH, TO START TRYING TO DO SOME LAND ASSEMBLAGE.
AND WHEN YOU'RE LOOKING AT A A, A COMMERCIAL DEVELOPMENT, YOU TYPICALLY WANT ABOUT 20 ACRES BECAUSE SOMEBODY'S NOT WANTING TO COME IN WITH JUST FIVE OR HAVE TO TRY TO BUY OUT SOMEBODY AND PICK UP SOME OTHERS.
SO WHAT WE'RE LOOKING TO DO HERE IS THERE'S ABOUT 40 ACRES OF VACANT LAND HERE TO TRY TO START DOING A LITTLE BIT OF LAND ASSEMBLAGE WITH THE 2025 BOND PROGRAM.
WE ALSO OWN 61 ACRES JUST SHOWED YOU THAT DEBT SERVICE THAT IS NOT JUST THE LAND THAT THE BASS PRO IS ON, IT'S THAT MASSIVE PARKING LOT THAT IS JUST HUGE AND TOTALLY UNDERUTILIZED.
SO THE POTENTIAL OF MAYBE HAVING SOMEONE COME IN AND BREAK THAT APART AND DO MORE DEVELOPMENT AND WITHIN THAT AND HAVE SOME BETTER CONNECTIVITY TO TRAILS AND EVERYTHING ELSE, THERE'S SOME OF THE THINGS THAT WE'RE LOOKING AT AS WELL.
AS I MENTIONED THE 15 PLUS ACRES WE OWN ON ROSE HILL, TRYING TO GET A DEVELOPER TO COME IN WITH THE RIGHT PIECE OF COMMERCIAL REAL ESTATE TO COME IN AND AND DEVELOP THAT.
AND WE'VE ALREADY TALKED ABOUT, WHILE, WHILE IT'S GOING TO BE A HINDRANCE FOR THESE, THESE ROADWAYS TO BE TORN UP OVER TIME, THERE IS A, THERE IS A OPPORTUNITY IN THE FUTURE FOR ADDITIONAL PEOPLE TO BE DRIVING THROUGH THE GARLAND AREA IN THIS HARBOR POINT FOR A DESTINATION LIKE THE BASS PRO AND A DIFFERENT, A DIFFERENT TYPE OF BASS PRO TO WORK.
WELL, ONE OF THE, THE ISSUES IF YOU'VE EVER BEEN UP THERE WITH BASS PRO IS YOU CAN HARDLY TELL IT'S THERE, RIGHT? THERE'S NOT ANY GOOD EXIT RAMPS.
UH, THE SIGNAGE IS BEHIND BRIDGES, SO A LOT OF IT'S GONNA BE WORKING WITH TDOT AND NCTA TO ENSURE THAT WE HAVE THE RIGHT ACCESS ROADS AND THAT WE HAVE THE RIGHT DEVELOPMENT AROUND THOSE ACCESS ROADS SO PEOPLE COULD EASILY GET OFF AND GET TO IT.
BUT RIGHT NOW I MENTIONED EARLIER THAT, SO THE I 30 IS SCHEDULED, SO THEY'VE, THEY'RE WORKING ON IT NOW AND THEIR SCHEDULE IS TO HAVE THAT COMPLETED BY 2027.
BUT, UH, I WOULDN'T HOLD YOUR BREATH ON THAT, BUT THAT IS THEIR ESTIMATE, THE ONE 90 TURNPIKE EXTENSION.
SO THEIR SCHEDULE SUPPOSEDLY STARTED IN 2026.
AND WHAT THEY MEANT BY THAT WAS JUST PLANNING.
THEY DID A LOT OF, UH, COMMUNITY ENGAGEMENTS AND THEY'RE PROJECTING 2032.
I SERIOUSLY DOUBT THAT OCCURS BECAUSE WE, WE DID TALK ABOUT EARLIER THERE IS A A LOT OF LAND ACQUISITION THEY'RE GONNA HAVE TO DO IN ORDER TO GET THAT ROADWAY THROUGH.
SO THERE'S GONNA BE IMMINENT DOMAIN, THERE'S GONNA HAVE TO BE, YOU KNOW, BUYING OUT PROPERTIES.
WE MENTIONED THERE'S AN APARTMENT COMPLEX WHEN WE'RE IN THE BACK ROOM THAT'S RIGHT THROUGH THE PATH OF THAT.
SO THERE'S GONNA BE A LOT OF WORK JUST TO GET THE, THE ROADWAY CLEANED OUT EVEN BEFORE THEY START CONSTRUCTION.
BUT RIGHT NOW THEIR SCHEDULES, UH, 2032.
DO YOU KNOW IF, UM, I KNOW THAT IKEA IS, UM, HAS BEEN EXPANDING A LOT OF THEIR SMALLER FORMATS AND I THINK ROCKWALL MAY HAVE ACTUALLY LANDED ON ONE.
I DON'T KNOW IF GARLAND CONSIDERED OR GARLAND WAS IN THE CONSIDERATION POINT.
I DON'T KNOW IF OUR DEMOGRAPHICS MET THEIR TARGETED POINT, BUT THAT SOUNDED LIKE THAT COULD HAVE BEEN A GOOD OPPORTUNITY IN MAYBE THE HARBOR POINT AREA.
AND AND WE, AND WE TALK ABOUT IT A LOT AND WITH COUNCIL AND WE CALL IT GARLAND'S CHALLENGE.
AND, AND REALLY WHAT THAT IS, IS OUR, OUR
[00:35:01]
OUR, NOT JUST OUR DEMOGRAPHICS, BUT OUR PROPERTY TAX BASE IS MODERATE.WE FOR THE MOST PART HAVE OLDER, SMALLER HOMES.
WE ACTUALLY ONLY HAVE ABOUT 3% OF GREEN SPACE OPEN IN GARLAND.
AND OUR SALES TAX IS ALSO MODERATE.
WHEN YOU LOOK AT, UH, ACTUALLY IF YOU THINK OF US, WE'RE, WE'RE THE 13TH LARGEST CITY IN THIS STATE.
WE'RE 44TH IN SALES TAX COLLECTION.
SO THOSE TWO THINGS, UH, UH, ARE MAKING IT A DETERRENT ON TOP OF OUR DEMOGRAPHICS FOR SOMEBODY LIKE AN IKE OR SOMEBODY LIKE AN HEB TO LOOK AT US.
AND THEY WOULD NEED A SUBSTANTIAL AMOUNT OF INCENTIVES IN ORDER TO COME HERE TO MAKE SURE THAT THEY'RE MAKING THE PROFITS THEY HAVE.
SO OUR INTENTION WITH THIS 2025 BOND PROGRAM IS TO START CHANGING THAT TRAJECTORY BY BEAUTIFYING THESE SPACES TO ATTRACT PEOPLE TO COME TO IT.
AND BY ACQUIRING THE LAND NECESSARY FOR THOSE DEVELOPERS, BECAUSE TYPICALLY THE DETERRENTS ARE ONE LAND.
WHERE AM I GONNA FIND LAND CLOSE TO A HIGHWAY? WELL, THAT'S WHERE THE CITY CAN COME IN AND MAKE AN INVESTMENT TO BRING THOSE ATTRACTIONS.
AND THEN THE SECOND PIECES IS, AM I GONNA BE ABLE TO MAKE THE PROFITS LONG TERM IN ORDER TO SUSTAIN MYSELF? SO WITH THAT, IT'S BRINGING, UNFORTUNATELY, THIS MEANS BRINGING PEOPLE, IT MEANS HAVING CONNECTIVITY AND HAVING THE AMENITIES THAT PEOPLE THAT GO TO THOSE TYPES OF THINGS WANT TO HAVE AROUND IT.
SO THAT'S KIND OF THE, AT THE HIGH LEVEL WHAT OUR INTENTION IS WITH JUST THE, WITH THE GARLAND FORD AND PLUS THIS 2025 BOND PROGRAM.
AND I WILL MENTION THAT, UH, WE ARE LOOKING AT, SO WE, THE, THIS TIFF IS SET TO EXPIRE DECEMBER 31ST, 2025.
HOWEVER, WE ARE, WE ARE STUDYING RIGHT NOW WITH A CONSULTANT A, A POSSIBILITY OF MAYBE CHANGING THE BOUNDARIES OF TIF THREE.
THERE'S OBVIOUS PORTIONS OF IT THAT, UH, DON'T NEED TO REMAIN.
THEY'VE KIND OF DONE THEIR, THEIR JOB, THE DEVELOPMENTS OCCURRED.
AND THEN THERE'S OTHER PIECES WHERE MAYBE DEVELOPMENT WON'T UH, EVER OCCUR.
BUT IT'S REALLY STUDYING THOSE BOUNDARIES DETERMINE DO WE WANT TO CONTINUE BY EXTENDING THE TERMS, WHICH IS ALLOWED BY CHAPTER THREE 11.
YOU CAN EXTEND THE TERMS WE DID THAT WITH DOWNTOWN AND YOU CAN CHANGE THE BOUNDARIES OF WHAT IT LOOKS LIKE.
SO THAT IS A STUDY THAT'S ONGOING, WHICH IS ONE REASON WHY I WANTED TO START HAVING SOME ONGOING MEETINGS WITH Y'ALL AND WE'LL GET TO IT IN THE NEXT AGENDA ITEM ABOUT WHAT KIND OF CADENCE Y'ALL WANT AS FAR, FAR IN THE FUTURE AND IN MEETINGS.
BUT THERE MAY BE AN OPPORTUNITY TO ONE, AT LEAST SHOW Y'ALL THE RESULTS OF THAT.
BUT IF THERE IS AN INTENT AND A RECOMMENDATION TO COUNSEL TO MOVE FORWARD WITH, MAYBE WE LET THIS, THIS TIFF EXPIRE, BUT WE KIND OF CHANGE IT UP A LITTLE BIT TO LOOK A LITTLE DIFFERENT TO FIT THE NEEDS OF DARLAND IN THE FUTURE.
SO I WANNA CLARIFY, TIF TWO IS EXPIRING AT THE END OF DECEMBER, BUT YOU SAID THAT WE, THERE WERE LOOKING AT CHANGING TIF THREE AND HOW IT LOOKED.
WELL I THOUGHT HE DID, BUT I WANTED TO CLARIFY.
DID I SAY TIF THREE? I'M SORRY.
SO THERE IS A POSSIBILITY FOR A, IF, IF IT'S FEASIBLE FOR THERE TO BE AN OPTION FOR THIS CURRENT TIF TO CONTINUE ON IN THE FUTURE.
QUESTION IF YOU, YOU IF TWO CONTINUES ON, GOING BACK TO I GUESS THE FIRST SLIDE OR WHERE OF IT SHOWED THE RAMP AND THE, THE, UH, WHAT'S IN THE BASES, ET CETERA.
THE TRIANGLE, TRIANGLE BACK, BACK SLIDE THREE THERE.
WOULD THAT DATA STAY THE SAME OR WOULD YOU TWEAK IT? UH, IF YOU CONTINUE THE LIFE OF TIF TWO, UH, IT WOULD BE TWEAKED.
SO WHATEVER IS REMOVED OUT OF IT, WELL YEAH, IT'S GONE.
BUT IF IT REMAINS IN THAT BOUNDARY, IT JUST KEEPS GOING UP AND, AND, AND THIS TERMINATION DATE'S PUSHED OUT.
DO YOU USE THE VALUES FROM 2005 OR CORRECT.
YOU DO VALUES FOR IF YOU WERE EXPANDING WITH ANY NEW PARCELS? IT WOULD BE NEW VALUE.
SO IT WOULD BE THE START OF TWO.
SAY SAY WE WERE TO DO THAT AT THE END OF 25, IT'D BE 26 FOR ANY NEW STUFF BROUGHT IN.
SO IT STARTS OVER, BUT IF YOU LEAVE THE CURRENT BOUNDARIES, IT'S BACK FROM 2005.
SO ANY, SO ANY CHANGE TO THE TIFF CURRENT TIF OR EXPANSION EXTENSION OF ET CETERA, WHO NEEDS TO APPROVE THAT? JUST THE CITY COUNCIL OR IS THERE ANY KIND OF STATE KIND OF LEGISLATION? OH, THAT WOULD JUST BE THE CITY COUNCIL.
SO THE, THE, THE PATH FORWARD ON THAT WOULD BE, UH, RECOMMENDATION
[00:40:01]
FROM THIS BOARD.THE, THE BOARD APPROVES A CHANGE TO THE TIF FINANCING PLAN.
THAT TIFF FINANCING PLAN WILL THEN BE RECOMMENDED TO CITY COUNCIL.
CITY COUNCIL WILL HAVE A DISCUSSION ON THAT.
WE'LL HAVE TO HAVE A PUBLIC HEARING.
WE WILL HAVE TO NOTIFY ALL THE OTHER TAXING ENTITIES WITHIN, UH, GARLAND, WHICH IS TYPICALLY, NO ONE'S EVER MENTIONED ANYTHING BACK BECAUSE IT DOESN'T REALLY INVOLVE THEM.
'CAUSE WE'RE NOT ASKING FOR ANY OF THEIR TAXES.
THE ONE THING THAT WOULD FALL OFF IS THE 55%, UH, COUNTY CONTRIBUTION.
I'M NOT AWARE OF THEM EVER PARTICIPATING IN A EXPANDED TIFF.
THE, THEY KIND OF, THEY, THEIR POLICY IS TO WAIT FOR THREE YEARS FOR A TIFF.
SO A TIFF'S CREATED, THEY WAIT THREE YEARS AND THEN THEY WILL JOIN FOR A MAXIMUM OF 17.
SO THAT MEANS THAT THEY, THEY WILL BE OUT.
SO WITH, IF WE WERE TO LOOK THAT WE WOULD BE ON OUR OWN, IT WOULD BE JUST THE CITY OF GARLAND.
IS THERE ANY, UM, I KNOW THERE ARE OTHER TIPS WITHIN THE CITY OF G ARE THERE ANY KIND OF, UM, BEST PRACTICES? 'CAUSE I, I DON'T KNOW IF THERE'S ANY TIPS THAT HAPPEN AFTER THIS ONE WHERE WE MAY HAVE LEARNED, YOU KNOW, WE DID THIS SUCCESSFULLY WITH THAT ONE.
ANY KIND OF BEST PRACTICES AMONGST THE CITY OF GALL THAT WE CAN UTILIZE OR UNDERSTAND THAT BETTER? SURE, SURE.
SO BEST PRACTICE IS ONE IS IF THE DEVELOPMENT HAS ALREADY OCCURRED, IT, IT'S USUALLY TYPICALLY NOT IN BEST INTEREST TO BRING IT, LEAVE IT IN THE TIF, SAY THAT THE DEVELOPMENTS OCCURRED UNLESS YOU HAVE A PROJECT THAT YOU NEED TO KIND OF HAVE THAT SEED MONEY GOING IN.
SO TIF THREE IS AN EXAMPLE OF A TIF THAT JUST STARTED AS THE MEDICAL DISTRICT AND IT'S BEEN EXPANDED THREE TIMES ALREADY.
SO THAT CONCEPT OF WHAT IT WAS IS, UM, IF Y'ALL HAVE HEARD OF, UH, THE RIVERSIDE COMMUNITY NEAR MEDICAL DISTRICT THERE, IT, IT USED TO BE CALLED WYRICK FARMS. YEAH, IT, IT, IT WAS JUST A BLANK SLATE.
SO WHAT HAPPENED WAS IS WE WERE WANTING TO CREATE A MEDICAL DISTRICT TIFF BECAUSE AT THE TIME WE WANTED TO TRY TO INCENTIVIZE BAYLOR SCOTT AND WHITE TO MAKE IMPROVEMENTS TO THEIR FACILITY.
WELL IN 2018, AS WE WERE HAVING THOSE DISCUSSIONS, THEY CLOSED SHOP AND LEAVE AND WE GOT A VETERAN'S HOSPITAL.
SO INSTEAD OF CREATING A MEDICAL DISTRICT, TIFF, WHEN WE KNEW A FOR-PROFIT, UM, HOSPITAL WAS ABOUT TO COME OFF THE TAX ROLLS, WHICH IS THE COMPLETE OPPOSITE OF WHAT YOU WANT IN A TIF.
WE CREATED A TIF JUST AROUND THAT FARM.
SO THE FARM WAS A TOTAL BLANK SLATE.
AND THEN WE HAD, WE KNEW THAT THE RIVER SET COMMUNITY WAS COMING IN.
SO YOU HAVE YOUR SEED MONEY, SO YOU CREATE SEED MONEY THERE.
THEN WE EXPANDED IT AFTER BAYLOR SCOTT WHITE CLOSED LEFT VA HOSPITAL COMES, IT'S OFF THE TAX ROADS ALREADY.
WE THEN EXPANDED IT TO CAPTURE THAT.
SO NOW YOU HAVE THE MEDICAL DISTRICT CATALYZED BY THE RIVER SET COMMUNITY.
WELL THEN 6 35 IS ABOUT TO BE COMPLETED.
AND A BIG AREA FOR THE CITY COUNCIL RIGHT NOW IS UH, UH, DOWN OFF GG GARLAND AVENUE, SHILOH ROAD AND 6 35.
THAT WILL BE A MAJOR CORRIDOR FROM THE SOUTH END OF GARLAND.
ONCE 6 35 IS DONE, WE OWN SOME LAND DOWN THERE WHERE THE OLD HYPER MART FACILITY USED TO BE.
SO WE BOUGHT THAT WHEN, UH, 2019.
BUT WE KNEW THAT THERE WAS GRAND PLANS TO HAVE SOME SORT OF BIG DEVELOPMENT DOWN THERE.
AND WE WERE GONNA BE, LIKE I MENTIONED EARLIER, WE WERE USING OUR 2019 BOND MONEY TO TRY TO BUY SOME OF THE LAND AROUND THERE.
WE BOUGHT THE CINEMA MARK AND, AND SCRAPED IT.
THERE WAS A, WHAT WAS CALLED THE OTTER STORAGE, WHICH WAS NOT JUST A BAD FACILITY BUT WAS HOUSING SOME CRIMINAL ACTIVITY.
AND WE'VE BOUGHT SEVERAL OTHER PIECES OF PROPERTY.
WE NOW HAVE 50 ACRES DOWN THERE PLUS THE, THE HYPER MART SIDE.
SO INSTEAD OF CREATING A TIFF WITH NO REAL, REAL CATALYST, WE WENT FROM SHILOH ROAD ALL THE WAY DOWN, PICKED IT UP SHILOH ROAD ALL THE WAY NORTH.
'CAUSE AGAIN, WE KNEW A DEVELOPMENT WAS COMING WHEN WE NEED WITH TIFFS YOU NEED SEED MONEY.
WELL THERE'S A HUGE DATA CENTER CLUSTER THAT IS GOING ON UP THERE.
SO WE WERE ABLE TO CAPTURE THOSE DATA CENTERS BEFORE THEY STARTED DEVELOPMENT.
AND THE INTENT IS JUST TO KIND OF HAVE THIS SYNERGY FROM NORTH GARLAND WITH THE DATA CENTERS PUMPING MONEY DOWN TO MEDICAL DISTRICT, PUMPING MONEY DOWN TO CHARLOTTE ROAD.
SO ON LESSONS LEARNED, TYPICALLY WHEN YOU WANNA RECHANGE A A TIFF, YOU WANNA ONE KNOW KIND OF WHERE, UH, THE TARGET AREA.
AND RIGHT NOW IN CITY COUNCIL'S MINE, IT'S HARBOR POINT TO TARGET THAT AREA.
BUT IT'S ALSO NICE TO KNOW I'M ABOUT TO HAVE SOME DEVELOPMENT AND THESE PARCELS RIGHT OVER HERE AND PICK THOSE UP BEFORE
[00:45:01]
THAT DEVELOPMENT OCCURS.SO YOU HAVE SEED MONEY AND THAT PREVENTS A TIFF LIKE THIS WHERE BASS PRO, WE KNEW IT WAS COMING, BUT THE PROBLEM WAS IS THEY WERE THINKING AS A PLANNER, WELL THERE'S GONNA BE ALL THIS DEVELOPMENT AROUND IT, BUT IF IT'S NOT ON THE BOOKS, IN MY MIND IT'S NOT REAL.
ONE, HAS THE CITY CONSIDERED WORKING WITH THE ISD ABOUT ANY OF THEIR FUTURE ENHANCEMENTS? LIKE THEY BUILT THE CURTIS CALDWELL CENTER 'CAUSE I LIVE RIGHT BEHIND THERE AND THAT THING HAS BLOWN UP AND TRAFFIC'S HORRENDOUS AND NOW WE HAVE TO REBUILD DAM SCHOOL ROAD.
BUT THERE'S BEEN SO MUCH DEVELOPMENT BECAUSE OF THAT AND THE TECHNICAL CENTER THAT THEY BUILT THERE.
AND THEN THERE'S THE, THE SWIM CENTER.
THEY'VE BEEN BUILDING LIKE CRAZY.
HAVE WE TRIED TO GET IN WITH THEM ON ANYTHING? WE HAVE.
UH, I WILL SAY THAT WE, WE, OUR CITY COUNCIL, UH, UH, APPROVED A ECONOMIC DEVELOPMENT STRATEGIC PLAN, UH, TWO YEARS AGO, WHICH KIND OF HAD WHAT WE'VE BEEN UTILIZING, UH, FROM A STRATEGIC STRENGTH POINT FOR THE E FOR THE ECONOMIC DEVELOPMENT BOND PROGRAM.
BUT ONE OF THE, THE BIGGEST THINGS THAT CAME OUT OF THAT WAS FOR US TO START WORKING MORE STRATEGICALLY WITH THE ISD.
IN THE PAST WE WERE JUST KIND OF TWO SEPARATE ENTITIES THAT KIND OF LOOKED PAST EACH OTHER, UH, DIDN'T LIKE SOME OF THE THINGS THEY WERE DOING, THEY DIDN'T LIKE SOME OF THE THINGS THAT WE'RE DOING.
SO MOVING FORWARD IN THE FUTURE, OUR CITY MANAGER HAS A REAL GOOD RELATIONSHIP WITH THE SUPERINTENDENT THERE.
NOW, UH, THERE IS, UH, TALKS ON, ON THE ONE 90 AREA FOR US TO START WORKING.
I MENTIONED, YOU KNOW, THE HOLFORD ROAD SITE WHERE THE SOCCER COMPLEX IS, YOU KNOW, BEING IN TALKS WITH THEM FOR INSTEAD OF BUILDING SAY A BRAND NEW STADIUM, UH, MAYBE UTILIZING OUR FACILITIES AND JUST STARTING TO TRY TO WORK BETTER TOGETHER IN THAT, IN THAT NATURE.
BUT I CAN'T NAME AN ACTUAL PROJECT WHERE WE'RE DOING THAT NOW, BUT I DO KNOW THAT WE ARE WORKING IN OUR TO TRY TO HAVE A BETTER RELATIONSHIP WITH THEM.
AND TO HARBOR POINT, I REMEMBER BACK IN THE DAY WE USED TO HAVE LIKE A 4TH OF JULY CELEBRATION DOWNTOWN AND IT WAS KIND OF CROWDED AND KIND OF IN THE WEEDS.
BUT IT WORKED FOR MANY, MANY YEARS UNTIL THE WORLD ENDED IN 20 IN 2008.
IS IT IN THE POSSIBLE PLANS TO HAVE SOME SORT OF COMMUNITY FUN PLAYGROUND WHERE WE CAN DO SOMETHING LIKE THAT IN HARBOR POINT? OH OH, DEFINITELY.
'CAUSE I MEAN, RIGHT NOW THERE'S, THERE'S WINDSURF BAY PARK THAT'S COMPLETELY UNDERUTILIZED THAT I GUESS IF YOU LOOKED ON THIS MAP, BUT WINDSURF BAY PARK IS RIGHT HERE.
HOW MANY ACRES IS THAT, DO YOU KNOW? OFF THE TOP OF YOUR MAP? I I WANNA SAY IT'S 2020.
AND YOU ALSO HAVE JOHN PAUL JONES PARK, WHICH IS RIGHT HERE THAT WE OWN AS WELL, OBVIOUSLY.
SO WE HAVE TWO GREAT OPTIONS FOR EXACTLY WHAT YOU'RE TALKING ABOUT.
AND I HAD NO IDEA THERE WERE PARKS THERE.
YEAH, BECAUSE THERE'S, THEY'RE, THEY'RE OPEN GRASS SPACES.
SO THEY'RE JUST ACREAGE BASICALLY.
THEY'RE BASICALLY ACREAGE WITH SOME WALKWAYS, WITH SOME AMENITIES.
JOHN PAUL JONES HAS SOME AMENITIES.
CORRECT? THERE'S SOME, THERE'S A, THERE'S SOME SMALL AMENITIES THERE.
PICNIC TABLE COVERED PARKING LOTS, BOAT RAMP.
UH, FISHING DOCKS, THAT KIND OF, BUT WE DO HAVE ACCESS TO THE LAKE.
HERE, SO ONE THING THAT WE ALREADY STARTED IS, UH, AND, AND PART OF THIS BOND PROGRAM I MENTIONED LIKE WATERWAY ACCESS MM-HMM
SO HAVING WATERWAY ACCESS, BUT WE'VE ALREADY DEVELOPED A TRAIL THAT GOES, RUNS ALONG THIS WAY.
AND THE INTENTIONS IS TO KIND OF BRING IT DOWN TO CONNECT HERE AND THEN HONESTLY TO BRING IT ALL THE WAY AROUND TO CONNECT TO JOHN PAUL JONES.
SO THAT WHAT I'M SAYING, CONNECTIVITY, THAT'S WHAT WE'RE LOOKING TO DO IS BE ABLE TO HAVE, UH, UH, THE ABILITY NOT TO HAVE TO DRIVE THROUGH ALL THIS, BUT IF YOU WANTED TO, TO HAVE A WALKTHROUGH HERE, GO TO THOSE AMENITIES AND YOU COULD EVENTUALLY VENTURE DOWN TO WINDSURF BAY PARK, MAKE IT LIKE A WALKABLE, A VERY LARGE WALKABLE NEIGHBORHOOD.
ANY OTHER QUESTIONS ON THAT? SO IT'S KIND OF SOME OF THE SEED MONEY THAT WE HAVE TO KIND OF START SOME OF THIS, YOU KNOW, SETTING THE TIFF ASIDE IS WE HAD OUR 2025 BOND PROGRAM.
WE PUT FI OR FOUR, UH, I'M SORRY, FOUR PROPOSITIONS OUT IN FRONT OF THE VOTERS.
[00:50:01]
AND UM, WHAT WE DID HERE IS WE ACTUALLY HIRED A CONSULTANT AND WE, WE'VE ALWAYS, IT'S CALLED THE PAVEMENT CONDITION INDEX.AND WE'VE ALWAYS CALCULATED THIS.
YOU JUST DRIVE THE STREETS AND YOU BASICALLY GIVE IT A SCORE OF ZERO TO A HUNDRED.
IT'S KIND OF, YOU KNOW, HUNDREDS OF OBVIOUSLY AN A PLUS.
IF YOU HAVE A 50, YOU'RE PRETTY MUCH AN F BUT YOU REALLY WANT TO TRY TO TARGET THAT C AREA, LIKE A 70 TO 80, UH, WITH ROADWAYS, HOW MANY ROADS THAT ARE C OH YEAH.
BUT WHAT WE FOUND IS, WHEN I SAY ROADS, I'M TALKING ABOUT ALL ROADS.
WHAT WE FOUND WITH THE STUDY, SO THIS STUDY, THEY BASICALLY DROVE IT WITH THEIR TECHNOLOGY AND WE'RE ABLE TO DO MORE OF NOT JUST WHAT DOES THE PAVEMENT LOOK LIKE, BUT WHAT DOES IT LOOK LIKE UNDERNEATH.
AND WHAT WE WERE TRYING TO DO IS TRY TO FIGURE OUT THE RIGHT, BECAUSE IT IS ONE THING TO JUST PAVE OVER, PUT POTHOLE REPAIRS OR TO DO AN OVERLAY, BUT ARE WE DOING THE RIGHT TREATMENT FOR THE RIGHT ROAD? SO THAT'S WHAT THIS STUDY DID.
AND SO THERE WE'RE LOOKING NOT JUST AT THE TOP OF THE ROAD, BUT HOW DOES IT RIDE? IS IT BUMPY? THEN ALSO UNDERGROUND, WHAT DOES IT LOOK LIKE UNDERGROUND SO THAT WE CAN FIGURE OUT THE RIGHT TREATMENT FOR THE RIGHT ROAD.
BUT WHAT THAT STUDY SHOWED IS ON, ON THE CORRIDORS AND THE ARTERIAL ARTERIAL ROADS.
SO THE MAJOR AREAS OF THE CITY, OUR ROADS ARE PRETTY GOOD.
THEY WERE IN THE 75, 80 RANGE.
BUT WHEN YOU LOOK AT OUR RESIDENTIAL ROADS AND OUR ALLEYS, THEY WERE WAY BEHIND.
SO THIS $230 MILLION, UH, 210 MILLION OF IT IS STRICTLY GOING TO BE LOOKING AT RESIDENTIAL ROADS AND ALLEYS AND USING THIS DATA TO PUT THE RIGHT TREATMENT ON THE RIGHT ROAD.
SO WHEN CITIZENS CALL IN AND SAY, WHY DID YOU DO AN OVERLAY ON MY ROAD? WHY DON'T YOU PUT A NEW CONCRETE? WE WILL HAVE THE DATA TO SHOW NO, THAT WAS THE RIGHT TREATMENT FOR THE RIGHT ROAD WITHIN THERE.
TWO, WE HAVE $20 MILLION SET ASIDE FOR GATEWAYS AND CORRIDORS.
UM, I'M SURE YOU'VE ALL DRIVEN INTO CERTAIN PARTS OF THE CITY AND SEEN THE GARLAND SIGN AND IT'S A LITTLE FADED.
UH, THE 20 MILLION IS TO, TO BRIGHTEN IT UP, YOU KNOW, BEAUTIFY THOSE AND UH, ADD SOME MORE STREET SCAPE TO GET A LITTLE MORE POP INTO OUR MAJOR CORRIDORS.
SO THERE'S A CORRIDOR STUDY GOING ON RIGHT NOW TO DETERMINE WHAT'S THE BEST BANG FOR OUR BUCK, WHICH CORRIDORS DO WE WANT TO HIT.
SO THAT'S A PART OF THAT PROPOSITION AS WELL.
THE PROP B IS 75 MILLION AND THIS IS ECONOMIC DEVELOPMENT.
I MENTIONED THE LAND ASSEMBLY.
UH, THERE IS, UH, THOUGHT FOR DEVELOPMENT INCENTIVES AS WELL WHEN IT MAKES SENSE.
AND THEN, UM, WHAT WE'RE CALLING REVITALIZATION AND NEIGHBORHOOD VITALITY.
NEIGHBORHOOD VITALITY IS A PROGRAM THAT'S BEEN GOING ON SINCE 2004.
AND WHAT IT DOES IS, UH, NEIGHBORHOODS CAN PUT IN AS A GRANT APPLICATION TO HAVE AMENITIES PUT INTO THEIR, TO THEIR, UH, NEIGHBORHOODS.
SO A POCKET PARK, MAYBE A A A LOT OF HOAS USED TO USE IT TO, TO BEAUTIFY THEIR ENTRYWAYS IN, UH, IS IT SPEED HUMPS? DO WE HAVE A LOT OF TRAFFIC? WELL, WE WANNA SPEED HUMP.
THE REVITALIZATION PROGRAM THAT WE'RE STARTING IS REALLY GONNA BE LOOKING AT SHOPPING CENTERS AND HOUSES.
SO WE'VE ALL DRIVEN BY AND SEEN THESE FADED OLD SHOPPING CENTERS, BUT IT'S LOOKING TO PROVIDE GRANTS TO BEAUTIFY THE FRONTS OF THE SHOPPING CENTERS TO MAKE IT MORE ATTRACTIVE AS WELL AS HOUSES, YOU KNOW, COMING IN AND DOING, DOING SOME, UH, UPFRONT FACE WORK TO SOME OLDER HOUSES TO MAKE IT LOOK BETTER AS YOU DRIVE IN.
BUT A LOT OF THAT IS JUST ABOUT CURB APPEAL.
AND WHEN YOU'RE DRIVING INTO THE CITY, ARE WE TARGETING LIKE THE, THE HOMES OF SENIOR CITIZENS OR VETERANS OR DISABLED PEOPLE, OR ARE WE PUTTING ADDRESSES IN A LOTTERY BUCKET AND MM-HMM.
PULLING THEM? SO WE ALREADY ARE DOING THIS PROGRAM RIGHT NOW IN CONJUNCTION WITH WHAT'S CALLED THE GARLAND HOUSING FINANCE CORPORATION.
AND RIGHT NOW THAT PROGRAM TARGETS SENIORS, BUT WE HAVE YET ANOTHER STUDY GOING ON A HOUSING STUDY.
AND, AND, AND AGAIN, WHAT IT'S LOOKING AT IS TO MAKE SURE YOU'RE GETTING THE BEST BANG FOR YOUR BUCK.
YOU DON'T WANNA, YOU DON'T WANNA PUT LIPSTICK ON A PIG, SO TO SPEAK.
SO YOU WANNA LOOK AND TARGET THE RIGHT AREAS OF TOWN, THE, THE, THE AREAS OF TOWN WHERE THERE'S STILL SOME, SOME VALUE TO BE SQUEEZED OUT OF IT.
IF YOU PUT IT IN A SMALL INVESTMENT, IT WILL CREATE A BIGGER RETURN.
SO THAT'S WHAT WE'RE LOOKING AT RIGHT NOW.
SO THE, THE PARAMETERS OF THAT HAVEN'T BEEN NAILED OUT.
ONE OF THE THINGS THAT'S ALWAYS KIND OF CONCERNED ME IS GARLAND HAS BEEN IDENTIFIED, THEY CALL THEMSELVES A TREE CITY, RIGHT? I MEAN, IT'S ON THE SCIENCE WHEN YOU COME INTO THE GARLAND, BUT I DON'T THINK THERE'S VERY MUCH DEVELOPMENT ON ACTUALLY INSTALLING.
I MEAN, I LOCATED A HUNDRED PLACES WHERE YOU COULD PUT TREES, AND
[00:55:01]
TREES DO A LOT OF THINGS FOR THE COMMUNITY.THEY MAKE IT LOOK GREENER, THEY MAKE IT COOLER.
THEY WANT, THEY GET PEOPLE OUT TO, UH, HAVE FUN AND EVEN WROTE A PAPER AND PRESENTED IT AND IT WENT NOWHERE ABOUT HOW THE CITIZENS COULD ACTUALLY GO OUT, PLANT THEIR OWN TREE.
AND BY THE TIME THAT THEIR KIDS WERE OLD ENOUGH TO APPRECIATE WHAT THEIR PARENTS HAD DONE, THE TREE THAT THEY PLANTED IS RIGHT THERE.
AND I, WELL, I WISH OUR ASSISTANT CITY MANAGER, ANDY HESSER, WAS HERE.
'CAUSE HE WOULD, THERE IS LIKE, TALK TO YOU FOR ABOUT FOUR HOURS ON TREES.
BUT WE, WE DID RECEIVE A, A FAIRLY SUBSTANTIAL FEDERAL AWARD FOR, FOR TREES.
BUT UNFORTUNATELY, UM, UH, I DON'T KNOW IF Y'ALL HAVE HEARD IN THE NEWS, BUT WITH THE, THE KINDA THE SHAKE OF WHAT'S GOING ON IN THE FEDERAL GOVERNMENT RIGHT NOW, IT WAS, IT WAS REMOVED AND WE DIDN'T REALLY NO LONGER HAVE ACCESS TO THAT GRANT.
UH, BUT WE DO UTILIZE WHAT'S CALLED A TREE MITIGATION FUND.
SO ANYTIME A DEVELOPER COMES IN AND TEARS OUT TREES, THEY HAVE TO PAY US TO PLANT NEW TREES.
SO WE ARE ALSO WORKING ON ESTABLISHING THAT PROGRAM TO PLANT ADDITIONAL TREES AROUND THE CITY.
BUT, UH, I WILL SAY, WELL, ON ALL NEW DEVELOPMENTS, IF ANDY HESSER IS STILL HERE, THERE'S GONNA BE TREES EVERYWHERE.
AND THEN THE FINAL PROP IS 30 MILLION AND IT WAS LABELED UNDER PARKS AND REC, BUT THIS WAS, IS DIRECTLY RELATED TO HARBOR POINT AND TRY TO DO SOME WATERFRONT ACCESS.
THE TRAILS I WAS MENTIONING PARKS AND RECREATION AMENITIES.
AND, UH, THIS IS ALL TARGETED AT HARBOR POINT.
MATT, BEFORE WE LEAVE THAT SLIDE, UM, BEFORE THESE BOND VALUATIONS WERE PROPOSED TO THE PUBLIC AND VOTED ON, WAS THERE ANY SORT OF NEED ASSESSMENT AND HOW, UH, THESE VOTED ON AND APPROVED BOND PROGRAMS WOULD MATCH UP WITH THOSE NEED ASSESSMENTS? IS IT, IS IT 50% OF THE NEED IS NEED OR IS IT 110% OF THE NEED? YOU SEE WHAT I'M DRIVING AT? IT'S PROBABLY MORE LIKE 5% OF THE NEED.
HONESTLY, THE, THE DOLLAR AMOUNT FOR THE 360 MILLION WAS, UH, DERIVED TO ENSURE THAT THERE WASN'T A TAX RATE INCREASE.
AND, AND WHY WE WANTED TO DO THAT IS BECAUSE IN THE 2019 WE, WE WENT TO THE VOTERS FOR A SIX AND A HALF CENT TAX RATE INCREASE.
AND WITH IT ONLY BEING, YOU KNOW, SIX YEARS LATER, WE KNEW WE NEEDED TO MAKE, YOU KNOW, SOME A A A BIG BANG ENHANCEMENTS IN THE ECONOMIC DEVELOPMENT FRONT.
WE DIDN'T WANT TO ASK THE VOTERS FOR ADDITIONAL MONEY FOR, FOR OFF THE TAXES.
VALUES HAVE BEEN GOING SKYROCKETED, THAT WOULD'VE JUST PROBABLY BEEN DEAD ON ARRIVAL.
SO THE, THE DOLLAR NUMBER WAS REALLY ALREADY BAKED.
SO FROM THERE, A BOND STUDY COMMITTEE WAS PUT TOGETHER OF 19 MEMBERS OF THE COMMUNITY AND THEY LOOKED TO EVALUATE HOW TO BEST PUT THAT MONEY IN, IN, IN THE RIGHT BUCKETS.
FOR INSTANCE, IN ECONOMIC DEVELOPMENT THAT 75 MILLION COULD EASILY HAVE BEEN 300 MILLION BY ITSELF.
AND SO WHAT THEY WERE LOOKING AT IS TO TARGET SPECIFIC AREAS WHERE WE HAVE MASTER PLANS ALREADY CREATED, WHERE WE HAVE, UH, IDEAS OF EXACTLY WHAT WE WANT TO DO ALREADY.
AND THAT'S IN THE MEDICAL DISTRICT, HARBOR POINT AND SOUTH GARLAND.
SO I MENTIONED SOUTH GARLAND EARLIER.
WE'VE ALREADY BEEN DOING A LOT OF LAND ASSEMBLAGE THERE.
SO THAT ONE'S ALREADY KIND OF BAKED, READY TO GO FOR AN INCENTIVE PACKAGE TO GET SOMETHING TO COME IN THERE.
HARBOR POINT'S A LITTLE MORE IMMATURE IN IT AND THAT, UH, WE NEEDED TO DO SOME LAND ASSEMBLAGE, BUT WE ALREADY OWN A BUNCH OF LAND THERE.
AND WE ALSO KNOW THAT THE ROADWAYS WILL BE GOING THROUGH THERE THAT ARE GOING TO DRIVE TRAFFIC.
SO WE WANT TO BE INVOLVED IN DICTATING WHERE THOSE INTERSECTIONS COME OFF SO THAT IT FITS AROUND OUR DEVELOPMENT.
AND THEN THE MEDICAL DISTRICT IS JUST AN ONGOING, I'LL JUST SAY THORN IN THE SIDE FOR THE CITY OF GAR.
WE'VE HAD TWO, UH, MASTER PLANS DONE ON THAT.
ONE IS MORE OF A, UH, INFRASTRUCTURE LOOK AT IT.
AND THEN THE SECOND PIECE IS, UH, TO SOMEHOW TRY TO ENTICE THE COMMUNITY HOSPITAL TO COME BACK.
SO REALLY THAT'S WHAT WE'RE LOOKING TO DO THERE IN THE MEDICAL DISTRICT.
SO WE HAVE STARTED THE KIND OF THE FEASIBILITY STUDIES OF, OF WHAT IT WILL TAKE TO BRING ONE OF THOSE BACK.
SO WE DEFINITELY DON'T WANT ANOTHER BAYLOR SCOTT AND WIFE, AND THEY JUST LEAVE AGAIN.
SO WE'RE LOOKING FOR THE RIGHT MIX TO COME IN, PARTNERING WITH THE VA HOSPITAL, PARTNERING, PARTNERING WITH PARKLAND TO BRING, HOPEFULLY BRING ANOTHER COMMUNITY HOSPITAL BACK TO GARLAND.
THEY HAD TWO AT ONE TIME, DIDN'T THEY? THEY HAD A COMMUNITY HOSPITAL AND THEN THEY HAD THE, IT WAS CALLED VISTA, I THINK.
YEAH, ACROSS THE LIKE LITERARY CAT CORNER, THE OTHER SIDE OF THE ROAD.
[01:00:02]
I DIDN'T KNOW THAT.AND I WANTED TO SHOW, JUST SO I MENTIONED THE MASTER PLAN ON HARBOR POINT, AND AGAIN, THIS IS JUST CONCEPTUAL, BUT UM, YOU KNOW, HOPEFULLY THIS IS SOMETHING THAT WE'RE LOOKING TO DO HERE AND MAINLY PUT THIS ON FROM THE KIND OF THE BOARDWALK LOOK AND KIND OF THE CONNECTIVITY THAT WE'RE LOOKING FOR IN THERE.
SO YOU CAN SEE THERE'S THIS, YOU KNOW, THERE'S, YOU KNOW, SOME, UH, ROUNDABOUTS IN THERE, UH, WALKWAYS, UH, THE CONNECTIVITY AROUND THE LAKE.
SO THAT PARKS, PARKS AND REC PROP IS REALLY TRYING TO LOOK AT EITHER BUILDING A BOARDWALK AROUND THERE, TRAILS THAT CONNECT TO WINDSURF BAY, OVER TO JOHN PAUL JONES, AND THEN ALSO OTHER AMENITIES IN THERE.
BUT THAT WHEN IT COMES TO DOING SOMETHING, WHAT YOU'RE SEEING IN THE MIDDLE, THAT'S GONNA TAKE, YOU KNOW, INCENTIVES AND THE RIGHT DEVELOPER TO COME IN TO CREATE THAT.
BUT THIS IS KIND OF A CONCEPTUAL IMAGE OF WHAT, OF WHAT, UH, UH, THE HARBOR POINT MAY LOOK LIKE IN THE FUTURE.
SO I JUST WANTED TO KIND OF THROW THAT AS THE LAST SLIDE AS, AS THE POTENTIAL FOR WHAT WE'RE LOOKING TO DO, YOU KNOW, IN GARLAND WHEN IT COMES TO HARBOR POINT.
WITH THAT, Y'ALL HAVE ASKED A LOT OF QUESTIONS FOR THAT ITEM.
I GUESS WE'LL OPEN IT UP FOR ANY MORE.
THEY GONNA PUT A LIGHTHOUSE OUT THERE ON THAT HARBOR POLE.
OH, AGAIN, THAT'S JUST CONCEPTUAL.
I'VE, UM, UH, LIGHTHOUSE HAS BEEN DISCUSSED AND ACTUALLY THE LIGHTHOUSE HAS MORE BEEN DISCUSSED AT JOHN PAUL JONES, WHICH IS, YOU KNOW, BACK OFF OVER ON THE OTHER SIDE AS A, AS KIND OF A, A ENTRYWAY ART FEATURE TO, TO KIND OF BEACON OF LIGHT OVER THERE TO ROULETTE TELLING THEM TO COME OVER.
SO IN THIS IS CONCEPTUAL DRAWING, I GET IT.
BUT ARE YOU THINKING OF DOING LIKE THE MIXED MEDIA WITH OFFICE PARK RETAIL AND MORE APARTMENTS? OR ARE YOU THINKING MISUSE? YEAH, THE MIXED USE, LIKE, LIKE DOWNTOWN, DOWNTOWN DALLAS IS DOING THAT A LOT.
RIGHT? UPTOWN, THEN THERE'S LEGACY NORTH.
ARE YOU THINKING THAT KIND OF DEVELOPMENT? VERY, VERY SIMILAR OF THAT.
BUT UH, YOU KNOW, EVEN SINCE THOSE WERE DEVELOPED, THE, THE WORLD'S KIND OF CHANGED.
I MEAN, WE HAD COVID, SO THE OFFICE SPACE RENTAL IS DEAD.
UH, BUT A MIXED USE DEVELOPMENT.
UH, BUT IT, UH, BUT IT NEEDS TO BE THOUGHTFUL.
I MEAN, EVEN, YOU KNOW, YOU LOOK AT FIRE WHEEL MALL, WHICH WAS A GREAT BENEFIT TO THE CITY, BUT YOU KNOW, WITHIN 10 YEARS THE WORLD CHANGES AND IT'S OUTDATED.
SO YOU'VE GOT TO MAKE SURE YOU'RE, YOU'RE HAVING THAT, WHAT HAS ALWAYS WORKED IS IN ALL THOSE MIXED USE DEVELOPMENT IS THAT IT'S WALKABLE, THAT IT'S FRIENDLY FOR PEOPLE TO GET OUT AND WANT TO BE AROUND IT.
SO YOU'RE GONNA HAVE TO HAVE, BACK TO THE TERM MIXED USE, YOU HAVE TO HAVE A MIX OF EVERYTHING SO THAT IF OFFICE SPACE HAS ITS EBBS AND FLOWS, IT CAN BE PICKED UP FROM MULTI-FAMILY, UH, RESTAURANTS.
WE OBVIOUSLY WANNA BRING IN SOME HIGHER END RESTAURANTS.
YES, WE WANT TO BRING IN HIGHER GROCERY STORES.
BUT YOU, YOU, WHAT WE'RE, WHAT WE'RE TRYING TO DO HERE IS THAT THERE'S REALLY KIND OF TWO WAYS TO USE A, A FIELD OF DREAMS MOVIE REFERENCE.
IT'S EITHER YOU, YOU CAN BUILD IT, UH, AND THEY WILL COME OR YOU CAN EASE THEIR PAIN AND IN THAT YOU GET PROVIDE THEM INCENTIVE AND THEY WILL COME.
BUT UH, IT'S REALLY JUST TRYING TO FIND THE RIGHT PARTNERS TO COME IN FOR THOSE.
SO WE'RE REALLY EARLY ON THIS, THIS IS, THIS MASTER PLAN WAS REALLY TO TRY TO DRIVE CONCEPTUALLY AND PRICING OUT THE BOARDWALK TRAILS AND ALSO THE ROADWAY IMPACTS.
'CAUSE YOU MENTIONED EARLIER THAT YOU CAN, YOU GOT ALL THESE APARTMENTS COMING IN, YOU GOTTA HAVE A WASTE FOR PEOPLE TO GET IN AND OUT.
SO THAT'S REALLY WHAT A MASTER PLAN IS LOOKING TO DO, IS CAN WE SUPPORT THE TYPE OF DEVELOPMENT THAT COMES IN AND LET ALONE WHAT'S UNDER THE GROUND.
WE HAVE TO BE ABLE TO PROVIDE THEM WATER.
WE HAVE TO BE ABLE TO GET RID OF THEIR WASTEWATER.
SO IT'S MAKING SURE YOU HAVE ALL THAT KIND OF EARMARKED OUT AND HOW MUCH IS THIS GONNA COST? IS IT EVEN FEASIBLE TO BE LOOKING AT? SO THAT'S KIND OF WHAT THIS DRAWING IS LOOKING TO DO.
THIS IS SIMPLY 'CAUSE I DON'T KNOW, DO WE HAVE A MARINA OR IS IT ALL IN ROCKWELL AND ROLLETTE? IT'S ALL IN ROCKWELL AND ROLLETTE, BUT NOW WAIT A MINUTE, THERE'S A MARINA ON THE SOUTH SIDE OF I 30.
IS IT STILL THERE? I THINK IT'S STILL THERE.
USED TO BE CALLED, UH, IS IT NOT CAPTAIN'S COVE? IT WAS, UM, I THINK CHANDLER OWNS IT NOW.
CHANDLER'S BOUGHT THE ONE THAT'S ON OUR END.
CHANDLER'S IS ACTUALLY OVER IN, UH, ROCKWALL AS WELL, RIGHT? CORRECT.
YEAH, IT WAS JUST CLOSED DOWN FOR A WHILE.
I BELIEVE THEY DID BUY THAT CAPTAINS COVE.
YEAH, THAT'S WHAT IT SAYS ON THE MAP.
IT JUST SAY CAPTAINS COVE STILL.
[01:05:01]
UH, I USED TO KEEP 'EM BOTH.YEAH, I DIDN'T THINK IT'D BEEN CLOSED DOWN.
THERE HAS BEEN SOME TALKS IN, CAN YOU SEE MY CURSOR OF THIS AREA? YEAH.
THAT'S, UH, ARE YOU SAYING THAT'S BASICALLY A RESIDENTIAL INVESTMENT OR HAS IT GOT, UH, MIXED IT, IT'S MIXED USE.
SO I MEAN, AGAIN, THIS IS CONCEPTUAL, BUT WHAT, WHAT THEY'RE SHOWING HERE IS, YOU KNOW, THIS IS WOULD BE RESIDENTIAL, KIND OF FLANKING THE OUTSIDE.
BUT THIS HERE WOULD BE MORE PROBABLY, UH, UH, RESTAURANTS, UH, RETAIL WITH OFFICE SPACE'S KIND OF SCATTERED WITHIN IT IN A HOTEL.
ISN'T THERE ALREADY A HOTEL OUT THERE? CORRECT.
HOW'S IT DOING? IT'S NOT DOING AS GOOD AS I WANTED IT TO, BUT IT'S, IT'S DOING ALL RIGHT.
THE ONLY THING OUT THERE IS A BUNCH OF APARTMENTS AND BASS PRO.
A FEW RESTAURANTS AND A FEW RESTAURANTS, WHICH PROBABLY AREN'T DOING AS GOOD AS THEY COULD BE EITHER.
NEW RODIO GRILL OR WAS IT BRAZILIAN STEAKHOUSE FREE BREAD STEAKHOUSE.
IS THERE ONE OUT THERE NOW? YEAH, IT USED TO BE.
SO REALLY THAT'S ALL I HAD ON THE, UH, KIND OF THE UPDATE.
AND I THINK THE NEXT ITEM IS JUST TALKING ABOUT CADENCE FOR, UH, FUTURE MEETINGS.
I WILL SAY THAT, UH, THE OTHER TIFFS, WHAT THEY TYPICALLY DO, OR WHAT THEY DO DO IS MEET QUARTERLY AND THEY JUST KIND OF HAVE A SCHEDULED DATE WHEN THEY MEET.
UM, FOR INSTANCE, TIF THREE MEETS THE, UM, EVERY QUARTER ON THE THIRD WEDNESDAY OF THE MONTH.
UM, AND I THINK AT LEAST, AND MY RECOMMENDATION IS THAT WE DO TRY TO AT LEAST MEET QUARTERLY, UH, UNTIL THE, THE, THE TIF DISSOLVES ONE TO PROVIDE IF GET THAT THE, THE INFORMATION BACK ON THE FEASIBILITY OF DO WE CONTINUE ON WITH TIF TWO AND SO THAT THE BOARD CAN HAVE TIME TO MOLD THAT OVER AND THEN COME BACK MAYBE AT THE NEXT MEETING TO DISCUSS DO WE WANNA MAKE A RECOMMENDATION TO COUNCIL? BUT YOU KNOW, JUST KNOWING THAT DECEMBER 31ST IS KIND OF OUR DEADLINE, WE'VE GOTTA MAKE A DECISION BY THEM OR IT KIND OF DISSOLVES.
UM, SO REALLY TRYING TO PUSH THAT UP.
UH, I WOULD, I WOULD PROBABLY RECOMMEND THAT WE MEET, UH, PRIOR TO THE, THE BUDGET SUBMITTAL.
SO WE'RE GOING THROUGH THE BUDGET PROCESS RIGHT NOW AND THAT USUALLY WILL GET TO, UH, COUNCIL IN AUGUST.
SO THE AUGUST TIMEFRAME WOULD BE A GOOD, OR JULY IF, IF Y'ALL, BUT IT'S REALLY WHATEVER Y'ALL PREFER, BUT PROBABLY AT LEAST TWO MORE MEETINGS BEFORE THAT DISSOLVES.
AND, AND IT JUST REALLY OPENING IT UP TO Y'ALL WHAT DATES, TIMES WORK FOR Y'ALL AND SO THAT WE CAN MAKE SURE WE CAN PUT THAT ON THE CALENDAR.
HAS STAFF DONE PRELIMINARY WORK TO LOOK AT HOW YOU WOULD RECONFIGURE TO GEOGRAPHICALLY THE FOOTPRINT OF IT? WE ARE RIGHT NOW WORKING WITH A CONSULTANT TO HELP US DETERMINE THAT BECAUSE RIGHT NOW, TYPICALLY, UH, ME AND ALLISON WHO'S BACK THERE WOULD HANDLE THAT, BUT WE ARE OVERLOADED.
SO WE REQUESTED THAT A CONSULTANT COME IN AND, AND TAKE A LOOK AT THAT FOR US.
AND SO THEY ARE GONNA START THAT WORK SOON.
SO I WOULD HOPE BY AUGUST WE WILL HAVE, YOU KNOW, SOME PRELIMINARY IDEAS, UH, MUCH BETTER UNDERSTANDING OF WHAT WE'RE THINKING TO BRING 40 OFF FOR A RECOMMENDATION.
THEN IT SOUNDS LIKE AUGUST SHOULD BE OUR NEXT MEETING.
AND THAT WAY WE, YOU COULD ALSO SEE THE BUDGET AND UH, FOR THE TIF, TIF NUMBER TWO FOR THE UPCOMING FINAL YEAR.
AND THEN WE CAN MOVE FORWARD FROM THERE.
AND THEN IF WE MEET IN AUGUST, THREE MONTHS AFTER THAT WOULD BE NOVEMBER.
WE COULD DO IT BEFORE THE THANKSGIVING HOLIDAYS.
CAN WE DO 'EM IN THE EVENING? LIKE AT SIX AND SEVEN? SO WE HAVE, SURE.
WE USUALLY DO, UNLESS STRANGELY, TIFF ONE MEETS AT LUNCH, BUT IT'S WHAT THEY WANT.
BUT WET, WE'RE OPEN TO WHATEVER TIME WORKS FOR Y'ALL.
'CAUSE WE KNOW Y'ALL HAVE DAY JOBS.
THAT WEDNESDAY EVENING AND THOSE PEOPLE ARE GOING TO CHURCH WORKS PRETTY GOOD AND THURSDAY IS GOOD.
MIDDLE OF THE MONTH, MAYBE MIDDLE OF AUGUST.
SO WE'D KIND OF GET, YOU KNOW, MIDDLE THE NEXT ONE.
SO THE SECOND WEDNESDAY OF THE MONTH, UM, WHATEVER THE CALENDAR WOULD SAY THERE.
BUT AUGUST 13TH, THE SECOND OR THE THIRD, LEMME SEE SCHOOL 16TH.
WELL THAT'S JULY, LET'S SEE, 13TH OF JULY OF AUGUST.
THAT WORKS FOR, OH, I'M, I WAS LOOKING AT THE CLOCK.
IT'S GOT SEVEN, I EQUATED THAT TO JULY.
WILL Y'ALL BE READY BY THEN WITH THE, UM, CONSULTANT INFORMATION? I CAN'T GUARANTEE IT, BUT WE'LL HAVE SOMETHING AT LISA PULL UP AREA.
DON'T WE TRY THE 20TH TO GIVE A, GIVE THEM A ANOTHER WEEK JUST
[01:10:01]
AS A, A THOUGHT.UNLESS IT DOESN'T WORK FOR THE OTHER.
THE THIRD ONE, THE THIRD WEDNESDAY IS YOU'LL BE INVOLVED WITH THE OTHER GROUP.
WHICH, WHICH THIRD? WEDNESDAY.
WHAT MONTH DID THEY MEET ON? AUGUST.
WELL NO I KNOW THAT, BUT I MEAN WHERE YOU DIDN'T HAVE A CONFLICT.
UH, TIFFANY, TIFFANY, COURTNEY.
COURTNEY, DO YOU HAVE THE UH, BOARDS AND COMMISSIONS CALENDAR BY CHANCE? I'M TRYING TO PULL IT UP SO I CAN SEE IF THERE'S MEETINGS THAT OTHER, 'CAUSE WE SHARE THIS ROOM WITH ALL OTHER BOARDS.
SO I HAVE TO MAKE SURE THERE'S NOT ANYTHING.
YEAH, IT ONLY SHOWS OUT JUST A FEW HALF A MONTH OR MORE.
SO YOU GUYS ARE LOOKING AT WHAT DATE? THE 20TH OR THE 13TH OF AUGUST? OF AUGUST? I THINK SIX O'CLOCK MEETING I THINK IS WHAT I SIX.
THE 20TH OF AUGUST THAT NIGHT IS OPEN.
AND THEN WHAT WAS THE OTHER DATE THAT YOU GUYS HAD SUGGESTED? THE, THE 13TH WAS THE OTHER DATE MENTIONED THE 13TH.
WOULD BE WHATEVER THE PLEASURE.
I'D HAVE A SLIGHT PREFERENCE FOR THE 20TH, BUT I CAN MAKE EITHER ONE WORK.
I THINK I'M GONNA BE OUT OF THE COUNTRY ON THE 13TH.
OKAY, WELL PENCIL IN FOR THE 20TH AND UM, YOU KNOW WHAT TIME SIX WORK FOR Y'ALL OR IS IT TOO EARLY? SIX WORKS FOR ME.
ARE YOU GONNA DO THE LUNCH BEFORE THE MEETING? LIKE I GENERALLY DO, YEAH.
COURTNEY WILL TAKE CARE OF US.
IS IT 230 MILLION BOND FOR STREETS INCLUDE SIDEWALKS OR NOT? IT DOES NOT.
UM, IT, OH, WE GOT SOME PRETTY WICKED SIDEWALKS.
NOW, NOW IT DOESN'T MEAN THAT IT COULDN'T BE USED FOR THAT.
SO THE PROPOSITION WAS WRITTEN FOR SIDEWALKS, BUT THE INTENT IS FOR RESIDENTIAL ROADWAYS.
BUT IF, IF THEY'RE GOING THROUGH THERE AND THERE'S, YOU KNOW, YOU GOTTA GET ECONOMIES OF SCALE.
IF THE THE SIDEWALKS DESTROY, THEY'RE NOT GOING TO PASS IT UP.
I THINK THEY GENERALLY DO THE SIDEWALK WHEN THEY DO THE STREET, RIGHT? YEAH, BUT IT DEPENDS ON WHAT KIND OF TREATMENT THEY'RE PUTTING DOWN.
I MEAN, IF THEY'RE GOING CURB TO CURB, THEY'RE GONNA FIX THE SIDEWALKS.
BUT IF THEY'RE JUST DOING AN OVERLAY, THEY'RE NOT GONNA, YOU KNOW, YOU'ALL WANNA PENCIL THE ONE, THE NOVEMBER ONE IN? OH YEAH, YOU MIGHT AS WELL.
LEMME LOOK AT THIS CALENDAR HERE.
THE WHAT? THE NOVEMBER ONE? THE NOVEMBER ONE? WELL, IF WE DID THE SAME, IT'D BE THE 19TH IF WE DID THE SAME.
YEAH, THAT, WHICH IS A WEEK BEFORE THANKSGIVING, WHICH IS GOOD.
19TH, ARE YOU LOOKING AT THIS AGENDA WEBSITE? THAT ONE? NO.
OH, YOU GOT NO, I HAVE TO LOOK AT A SPECIAL WEBSITE CALENDAR OF ALL OVER THE MEETING.
OH, SHE'S GOT A SPECIAL COUNT.
SORRY, I'VE ALREADY EXITED OFF THERE.
YOU GUYS SAID, UH, LIKE BASS PRO? YEAH.
HOW IS, UH, CABELA'S SPORTING DOING? UM, I HAVE NO CLUE.
THEY, YEAH, THEY'RE, THEY, THEY MERGE, BUT I'M NOT SURE HOW THEY'RE DOING.
YEAH, YOU CAN'T, YOU DON'T GET SALES TAX BY ENTITY, RIGHT? I DO, BUT IT'S, OR YOU DO? I DO GET IT BY ENTITY, BUT IT'S, IT'S STRANGE.
IT IS A STRANGE LAW THAT IT'S CONFIDENTIAL AND, AND, AND PROVIDING THAT INFORMATION IS SUBJECT TO CRIMINAL PENALTIES FOR WHOEVER GIVES IT OUT.
SO I TYPICALLY, YOU CAN'T EVEN MAKE A, A GENERAL COMMENT AS FAR AS, I, I HONESTLY DON'T KNOW HOW MUCH SALES TAX THEY ARE ACTUALLY GENERATING.
I WILL SAY THAT IT WAS FAR BE, IT'S FAR BELOW WHAT WE WERE ANTICIPATING.
WHEN DID THEY START QUESTION THAT? WHEN DID THEY START PAYING SALES TAXES? DO YOU KNOW ROUGHLY WHEN? YEAH, WHEN DAY THEY OPENED? YEAH.
OH, WHAT WAS THE THE, I'M SORRY.
THE THING THAT THEY GOT THE YEAH, THE PROPERTY TAX.
AND SO HOW LONG TILL THIS TIFF DISSOLVES? OH WOW.
SO IT'S NOT OPEN-ENDED THEN? NO.
SO WHEN THIS TIFF DISSOLVES OR WHEN THIS TIFF REORGANIZES
[01:15:01]
WHEN NO, IT, THE, THE AGREEMENT IS SEPARATE FROM IT, BUT IT WAS STRATEGICALLY PUT TOGETHER TO COINCIDE WITH THE TIFF.BUT SO IF YOU EXPAND THE TIFF, THEN THEY CONTINUE TO ONLY PAY HALF THEIR PROPERTY TAXES? NO, THEY WILL PAY FULL.
THE AGREEMENT IS THROUGH 2000, UH, TWO 2026.
SO IT, IT IS SEPARATE FROM THE TIFF BOUNDARIES.
IT WAS JUST COINCIDED TOGETHER TO TO OKAY.
SO WE CAN, WE COULD POSSIBLY EXTEND OR EXPAND OR CHANGE THE WAY OUR, OUR BOUNDARIES ARE AND IT WON'T AFFECT THEM.
THEY'LL STILL HAVE TO PAY THEIR FULL PROPERTY TAXES RIGHT.
OH, IT DOESN'T MEAN THAT THEY WON'T COME BACK ASKING.
BUT
WE'LL PENCIL THOSE IN AND RIGHT YOU ANY OTHER DISCUSSION? NOT FROM ME.
I GOT SOMETHING I THINK WITHOUT A DOUBT.
BEEN OFF WITH, NOT THAT THERE'S BEEN MANY
WELL, I'LL CHALK THAT AS A SUCCESS THEN.
THANKS EVERYBODY ON THE SAME PAGE AND GIVES A LITTLE HISTORY SO THEY KINDA UNDERSTAND WHERE WELL, YOU'D BE, I FIGURED I WAS GONNA HAVE TO GIVE HISTORY.
'CAUSE I MEAN, WHEN YOU HAVEN'T MET IN SIX YEARS,
I WAS GONNA TELL YOU BY THE 20 MILLION, UM, ENTRYWAY THINGS, THEY HAVE A SIGN ON NORTHWEST HIGHWAY THAT I'VE ONLY SEEN IT THERE, BUT IT HAS A REFLECTIVE FIRE WHEEL.
AND I WAS GONNA SAY, IF THEY COULD PUT THE REFLECTIVE GARLAND ON THE SIGN, LIKE THE WHOLE CITY WORD.
BECAUSE OTHERWISE YOU, WITHOUT YOUR HEADLIGHTS, IT LOOKS LIKE THIS.
IT'S LIKE A, IT DOES LOOK PRETTY OLD.
REFLECTIVE, REFLECTIVE FIRE WHEEL.
BUT I WAS LIKE, IF I CAN MAKE THE LETTER REFLECT TOO, THAT'D BE COOL.
SEE IF THERE'S NO OTHER DISCUSSION IS OR MOTION TO ADJOURN.