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YOU GUYS READY? STAFF READY? YES, MAYOR.
I'M GOING TO GO AHEAD AND CALL TO ORDER TODAY'S WORK SESSION.
WE HAVE A QUORUM, UH, PRESENT, UH, UM, WE HAVE, UH, THE MAYOR PRO TEM, UH, ON, UH, ON THE SCREEN.
UH, AND, UH, I GUESS THE ONLY COUNCIL MEMBER WE'RE MISSING ON THE DIAS RIGHT NOW IS COUNCIL MEMBER RENTERIA.
DO I KNOW IS AROUND HERE SOMEWHERE
[A. Pre-Selected Agenda Items]
COLLEAGUES, WE HAVE, UH, MORE PULLED ITEMS THAN WAS, UH, ON THE, UH, UH, LIST THAT WAS SENT OUT.UM, I'M SHOWING NOW NOT ONLY EIGHT AND 64, BUT I'M ALSO SHOWING THE TERS ITEM, WHICH IS 14 AND 69 BEING PULLED, UH, THE COST OF HOUSING.
I PULL IT BY THE WAY, THE TERMS ISSUES, THE COST OF HOUSING, UH, 62, UM, UH, THAT WAS PULLED BY COUNCIL MEMBER KITCHEN, UH, THE ALCOHOL NEAR SCHOOLS, 58.
UH, I PULLED THE PAID PARENTAL LEAVE.
UH, I PULLED THAT'S ITEM 60 MAYOR NOT TO BACKTRACK US, BUT I ALSO PULLED THE TOURERS AND ITEM 39.
AND REMEMBER, TOBO ALSO PULLED 14 AND 69.
UM, AND THAT I HAD THE CULTURAL DISTRICT FRAMEWORK, 39 BEING PULLED BY COUNCIL MEMBER TOBO SO BOTTOM LINE, 8 64, 14 69, 62 58 60 AND A 39.
UM, I JUST WANTED TO FLAG THERE'S A COUPLE ITEMS, INCLUDING SOME THAT WERE ADDITIONALLY PULLED THAT I HAVE SOME FURTHER QUESTIONS.
I HAVE MEETINGS WITH STAFF TOMORROW, SO I DIDN'T PULL THEM, BUT IF I DON'T GET MY QUESTIONS ANSWERED, I'LL WANT TO TALK ABOUT THEM MORE ON THURSDAY, BUT I'M HOPING TO DO THAT.
BUT WITH THE BACK-TO-BACK COUNCIL MEETINGS AND BEING SICK LAST WEEK, I WASN'T ABLE TO.
SO TODAY, IF THERE'S TIME, IF, IF WE'RE NOT DISCUSSING, MAYBE YOU COULD JUST IDENTIFY WITH THOSE NUMBERS ARE AND WHAT YOUR ISSUES WERE, UH, SO THAT PEOPLE AREN'T HEARING IT FOR THE FIRST TIME ON THURSDAY, POTENTIALLY.
I DON'T KNOW IF THAT'D BE HARD TO DO, BUT IF YOU COULD GIVE THAT KIND OF NOTICE, THAT MIGHT BE HELPFUL IF POSSIBLE.
UH, I THOUGHT WHAT WE WOULD DO IS WE WOULD DO THE PULLED ITEMS AFTER PULLED ITEMS. WE WOULD GO TO EXECUTIVE SESSION AFTER EXECUTIVE SESSION.
WE WOULD COME BACK AND DO THE, UH, PRESENTATION, THE REPORT THAT WAY WE'RE PUTTING AS THE COUNCIL ONE TO DO THE THINGS THAT WERE TIMELY AND IMPACT THAT ACTION ON THURSDAY.
FIRST LUNCH BREAK TODAY IS FROM 12 TO ONE.
UH, WE'RE GOING TO LOSE SOME OF THE COUNCIL MEMBERS FOR LUNCH.
SO THAT'S A, PROBABLY A HARD STOP FROM 12 TO ONE, AND WE HAVE A HARD STOP AT FIVE O'CLOCK, UH, AT THE END
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OF THE DAY.UH, SHOULD IT CONTINUE OVER? WELL, LET'S GO AHEAD AND PULL THE PULL ITEMS. UH, THERE'S A LOT OF THEM, SO LET'S SEE HOW QUICKLY WE CAN WORK OUR WAY THROUGH THEM.
UH, ITEM NUMBER EIGHT, UM, ECONOMIC DEVELOPMENT.
THIS WAS PULLED BY COUNCIL MEMBER, UH, UH, PARENTHESIS.
AND BY THE WAY, ARE WE READY TO DO THE DRAWINGS? SO WE'RE GOING TO DO THE DRAWINGS NOW FOR, UH, SEEDING.
UH, WE, WE, YOU KNOW, MOVE SEATS ON THE, UH, DATA.
SO WE'RE GONNA HAVE A DRAWING FOR NEW SEATING.
UH, SO WANT US TO NOTE THAT THIS IS THE, UH, THE, THE LAST WEEK OF MEETINGS THAT I'M A MAYOR, MAYOR PRO TEM HARPER.
MADISON IS GOING TO BE SERVING AT A MEETING AS MAYOR PRO TEM.
I WANT US TO, TO RECOGNIZE THAT AS WE COME BACK NEXT YEAR TO REMEMBER ALTAR WILL BE MOVING INTO THAT POSITION AND CONSISTENT WITH THE ACTION WE TOOK A YEAR AGO.
UM, AND, UH, MAYOR PRO TEM, YOU'VE BEEN A REALLY BIG HELP AND ASSISTANCE TO ME, UH, OVER THE COURSE OF THE YEAR.
AND I, AND I APPRECIATE THAT AND APPRECIATE HOW YOU HAVE PERFORMED IN THIS FUNCTION, BUT I JUST WANT PEOPLE TO RECOGNIZE THAT, UH, WE SHOULD BE HONORING YOU FOR THAT SERVICE THIS WEEK.
ALL RIGHT, SO LET'S GO AHEAD AND PULL NUMBERS.
WE HAVE, AND THE FIRST ONE IS ME MOVING TO DIOCESE SIX.
WHERE IS ONE? ONE IS A COUNCIL MEMBER.
NO, I WILL BE MOVING TO SEAT THREE.
I'LL ALSO BE JOINING YOU BECAUSE I'M JUST MOVING TO SEAT.
NUMBER TWO, WE'RE JUST SWAPPING AND THIS IS PRETTY COOL.
DISTRICT SEVEN IS GOING TO SIT IN DAYA SEAT SEVEN, MOVE INTO 10 ALL THE WAY DOWN.
I'M MOVING TO EIGHT EIGHT, AND I'M MOVING TO ONE, WHICH IS RIGHT THERE.
SO BY PROCESS OF ELIMINATION, THE MAYOR PRO TEM IS MOVING TO NUMBER FOUR.
I JUST WANT TO SAY THAT I RE I REALLY ENJOY DOING THIS.
I THINK IT'S, I THINK IT'S VERY GOOD.
I, I ALSO, I MAY HAVE MENTIONED THIS BEFORE, BUT IN THE AT-LARGE COUNCIL, I'D SUGGESTED WE DO THIS AND IT NEVER CAUGHT ON AS AN IDEA.
AND IT, IT IS ONE OF THE FUN INNOVATIONS THAT OUR COUNCIL, OUR TEN ONE SYSTEM HAS DONE IT.
I THINK IT MAKES A DIFFERENCE.
IT'S NICE TO HAVE AND BUILD RELATIONSHIPS WITH DIFFERENT PEOPLE.
IT'S NICE TO SEE THE ROOM FOR NEW DIFFERENT PERSPECTIVES.
I JUST THINK IT'S A HEALTHY, GOOD THING.
SO I'M GLAD WE'VE KEPT UP THAT TRADITION.
TOVO IS MOVING FROM ONE TO SIX.
SO STARTING DOWN AT THAT END WILL BE KITCHEN.
AND THEN, UM, UH AND THEN ELLIS, AND THEN A HARPER MADISON, THEN RENTER RHEA, AND THEN SKIPPING OVER TO MY LEFT AND TO THE LEFT OF A COUNCIL TOBO WILL BE IN SIX POOL ALTAR KELLY, UH, CASAR.
AND WHEN YOUR PLACES, UH, CHANGED, UH, THE PERSON COMING INTO YOUR SEAT COUNTS, NUMBER TWO, SORRY.
WE'LL JUST MOVE INTO THAT PLACE.
AND ANOTHER GREAT SERENDIPITY IS DISTRICT TWO.
VANESSA IS ALSO IN DIOCESE TO, THERE YOU GO.
IS CATHERINE POINT, THIS, YOU PULLED ITEM NUMBER EIGHT.
UM, COLLEAGUES, THIS IS AN ITEM THAT IS ABOUT THE C RENEWING OUR AGREEMENT WITH C LOCK,
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THE ORGANIZING COMMITTEE, UM, AND KEEPING, OR I'M BRINGING FORMULA ONE.UM, THERE, THEY APPLY FOR FUNDING WITH THE STATE.
AND SO THIS WOULD REAUTHORIZE THAT AGREEMENT FROM MY UNDERSTANDING IT WAS DONE 10 YEARS AGO INITIALLY.
AND I WANTED FOR US TO HAVE A CONVERSATION BECAUSE WE'VE HAD THE TWO LARGE-SCALE EVENTS RECENTLY HAPPENED AT CIRCUIT OF THE AMERICAS, UM, WHERE WE HAD SOME SAFETY CONCERNS AND WHERE THERE WAS SIGNIFICANT TRAFFIC ISSUES.
UM, AND MANY OF MY NEIGHBORS IN THAT PART OF THE DISTRICT REACHED OUT, UH, SHARING THEIR CONCERNS.
AND FOR ME, JUST FURTHER MAGNIFIED THE GAPS THAT WE HAVE IN OUR INFRASTRUCTURE AND IN OUR SYSTEMS INTO THE SOUTHEAST AUSTIN COMMUNITY.
UH, SINCE THEN I'VE MET WITH A CIRCUIT OF THE AMERICAS, UH, REPRESENTATIVES WITH C LOCK WITH THE CITY MANAGER'S OFFICE AND AUSTIN TRANSPORTATION DEPARTMENT TO DISCUSS THE MUCH NEEDED COMMUNITY IMPROVEMENTS, UH, TO ADDRESS THESE CONCERNS.
SO I WANTED TO, UM, ASK STAFF A COUPLE OF QUESTIONS, UH, BEFORE WE DIVE IN.
AND, UH, ALSO COLLEAGUES, I AM SUPPORTIVE OF THIS RENEWAL.
I HAVE AN AMENDMENT THAT I WILL BE BRINGING FORWARD ON THURSDAY, AND YOU SHOULD HAVE COPIES IN FRONT OF YOU, AND I BELIEVE, UM, WE'LL ALSO BE SURE TO EMAIL THAT OUT AS WELL.
SO MY FIRST QUESTION IS, UH, AS PART OF THE AGREEMENT I WANTED STAFF TO SHARE WITH US ABOUT, UM, THE COMPLIANCE REPORTS THAT ARE REQUIRED AS PART OF THE AGREEMENT.
AND SO STAFF COULD TALK US THROUGH, UH, THE SUCCESS AND COMPLYING WITH THESE STANDARDS THAT ARE LAID OUT IN EXHIBIT A GOOD MORNING, STILL NOVIA, HAUTE, RAB, DEPUTY DIRECTOR, ECONOMIC DEVELOPMENT DEPARTMENT, UH, PRIOR TO SUBMISSION OF THE REQUEST TO THE STATE, OUR STAFF GOES OUT AND, UH, REVIEWS THE ITEM AS ARTICULATED IN EXHIBIT A AND UP UNTIL THIS POINT, WE HAVE NOT HAD ANY CONCERNS, UM, WITH EXHIBIT A, EVERYTHING HAS BEEN FULFILLED, BUT AGAIN, WE DO THE REVIEW PRIOR TO IT BEING SUBMITTED TO THE STATE FOR REIMBURSEMENT.
THANK YOU, DIRECTOR HOLT, ROB.
AND THEN HOW CAN YOU PLEASE TALK US THROUGH THE ECONOMIC IMPACT OF FORMULA ONE AND WHAT, YOU KNOW, WHAT THAT'S BEEN MOST RECENTLY OR OVER THE LAST 10 YEARS? UM, THIS YEAR DEFINITELY, UH, IT WAS, UH, A MAJOR SUCCESS, BUT IN TERMS OF DETAILS ON THE SPECIFIC NUMBERS, I WILL NEED TO GET BACK WITH YOU.
I NEED TO PULL THE, UH, THE REPORTS TO ARTICULATE EXACTLY WHAT THAT IS.
AND IF YOU COULD ALSO, I DON'T KNOW IF YOU HAVE THIS INFORMATION AVAILABLE, BUT IF YOU HAVE, UM, IF YOU COULD SHARE YOUR INSIGHT AS TO THE IMPACT ON THE AUSTIN AIRPORT AND OUR HOTEL INDUSTRIES, YOU KNOW, WHAT KIND OF ECONOMIC IMPACT IS HAVING THIS LARGE SCALE FORMULA ONE EVENT HAVE ON THESE INDUSTRIES? WELL, DEFINITELY THIS YEAR, UM, SINCE, UH, COVID LAST YEAR, WE DID NOT HAVE THE RACE.
THERE WAS SIGNIFICANT INCREASE AND, UH, AIRPORT, UH, HOTELS, ET CETERA, BUT I DON'T, I CAN PROVIDE THAT THROUGH A Q AND A PROCESS, UM, TO GET THOSE DETAILS TO YOU.
UM, ALSO I KNOW THAT MIAMI IS ALSO GOING TO HOST A FORMULA ONE EVENT.
UM, DO YOU HAVE ANY INSIGHT AS TO WHAT THAT AGREEMENT LOOKS LIKE WITH THAT MOU, UH, MIGHT HAVE AND, AND, OR ANY INSIGHT AS TO WHETHER THEY RECEIVE ANY LOCAL SUPPORT? AGAIN, I CAN, UH, PROVIDE THAT THROUGH THE Q AND A PROCESS.
UM, AT THIS TIME I DON'T HAVE THAT READILY AVAILABLE.
THANK YOU, DIRECTOR, UM, COLLEAGUES, I HAVE AN AMENDMENT THAT I'M GOING TO BRING FORWARD ON THURSDAY AND WHAT THIS AMENDMENT DOES.
IT TALKS THROUGH, UM, WHAT WE WOULD LIKE TO SEE IN TERMS OF A MORE COORDINATED APPROACH TO ADDRESSING OUR INFRASTRUCTURE.
AS MANY OF YOU ALL KNOW, CIRCUIT OF THE AMERICAS IS IN A UNIQUE LOCATION OF SOUTHEAST AUSTIN, SOUTHEAST TRAVIS COUNTY, WHILE CODA ITSELF HAS BEEN ANNEXED BY THE CITY.
IT'S ACTUALLY SURROUNDED BY STATE HIGHWAYS AND COUNTY ROADS.
AND SO WE REALLY NEED A MORE STREAMLINED AND COORDINATED APPROACH.
I WILL SAY THAT, UM, CODA REPRESENTATIVES HAVE BEEN EXTREMELY HELPFUL AND RECEPTIVE TO ADDRESSING THESE CHANGES.
I BELIEVE WE'RE ALSO GONNA SUBMIT AS BACKUP SOME OF THE PROGRESS THAT THEY'VE MADE ON ADDRESSING THESE ISSUES OUTLINED IN THIS AMENDMENT.
I DRAW ATTENTION TO THE NEED FOR THE EXPANSION OF HIGHWAY EIGHT, 12, UH, FOR TRAFFIC SIGNALS AT CERTAIN INTERSECTIONS TO ENSURE THAT WE HAVE, UH, JUST LOOKING AT, YOU KNOW, HOW CAN WE BETTER IMPROVE OUR SAFETY AND OUR INFRASTRUCTURE OUT THERE, AND THEY HAVE MADE PROGRESS ON THESE ITEMS, AND WE'LL BE SURE TO INCLUDE THAT IN THE BACKUP.
UM, ALSO AS PART OF THIS AMENDMENT, WE'LL BE ASKING FOR A COORDINATION OF A POST F1
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MEETING WITH, UH, THE CITY MANAGER SAYS IN ME AND, UH, WITH ALL OF THE STAKEHOLDERS WITHIN 30 DAYS AFTER HOSTING FORMULA ONE, I THINK THAT WOULD BRING TOGETHER REALLY GOOD INSIGHT AS TO WAYS THAT WE CAN ENHANCE THE EXPERIENCE BOTH FOR VISITORS AND FOR NEARBY RESIDENTS.WE ALSO LOOK AT EXPLORING THE FEASIBILITY OF A YOUTH FOCUSED STEM PROGRAM, UM, AND, UH, LOOKING AT, YOU KNOW, YOUTH OPPORTUNITIES, WAYS THAT WE CAN ENGAGE OUR DEL VALLEY YOUTH AND IN THIS INCREDIBLE COMMUNITY PARTNER AND ASSET THAT WE HAVE IN SOUTHEAST AUSTIN.
AND SO WITH THAT, I JUST WANTED TO DRAW ATTENTION TO THIS OPPORTUNITY THAT WE HAVE HERE, UH, FROM A ONE HAS AN INCREDIBLE IMPACT IN OUR COMMUNITY.
UH, AND I ALSO WANT TO ENSURE THAT WE, UM, THAT WE DO RIGHT BY OUR NEIGHBORS AND THAT WE DRAW ATTENTION TO THE NEEDS THAT ARE, THAT ARE OUTSTANDING AND NECESSARY IN THAT AREA.
THANK YOU, COUNCIL MEMBER FOR THESE, UM, FOR THIS AMENDMENT, I THINK THESE LOOK LIKE VERY IMPORTANT, VERY IMPORTANT ELEMENTS TO CONSIDER MOVING FORWARD.
AND, AND CERTAINLY IT RESPONDS TO SOME OF THE CONCERNS THAT WERE PRESENT EVEN BEFORE IT OPENED ABOUT INFRASTRUCTURE AND GETTING TO THE SITE AND WHATNOT.
ONE OF THE THINGS THAT I HAVE REAL QUESTIONS ABOUT IS THE YOUTH FOCUSED STEM PROGRAM.
NOT BECAUSE I DON'T SUPPORT IT A HUNDRED PERCENT, BUT BECAUSE THAT WAS ONE OF THE PROMISES OF FORMULA ONE BEFORE IT, BEFORE IT STARTED, YOU KNOW, AND JUST DOING A QUICK, UM, A QUICK SCAN.
IT DOES LOOK AS IF THEY HAVE SOME STEM PROGRAMS IN PARTNERSHIP WITH FORMULA ONE, BUT AGAIN, HAVING LISTENED TO THOSE, I WASN'T ON THE DIOCESE AT THE TIME, MOST OF THOSE CONVERSATIONS WERE TAKING PLACE, BUT THAT WAS A VERY HIGH PRIORITY TO HAVE, UH, TO HAVE PARTNERSHIPS, ESPECIALLY WITH THE DEL VALLEY SCHOOL DISTRICT, WITH REGARD TO STEM FOR YOUTH.
AND SO, UM, MS. HOLT, RAB DIRECTOR, HOLT RABBIT, IF YOU WOULD CONSIDER THAT TO BE A QUESTION FOR THE Q AND A FOR THURSDAY, IF WE COULD GET AN ACCOUNTING OF WHAT KIND OF PROGRAMS ALREADY EXIST.
I SEE, I SEE ONE NOTED FORMULA, ONE IN SCHOOLS, UM, WHICH INVOLVES AKINS AND SOME DEL VALLEY STUDENTS.
BUT IF WE COULD GET A MORE COMPREHENSIVE LIST FROM THE CIRCUIT OF THE AMERICAS ABOUT WHAT PROGRAMS ARE CURRENTLY IN PLACE WITH THIS WITH, UH, YOUTH, UM, AND COUNCIL MEMBER, I DON'T, YOU MAY IN BRINGING FORWARD THAT ARE YOU SENSING THAT THE PROGRAMS AREN'T AS EXTENSIVE AS WERE PROMISED, UM, ARE THEY, CAN YOU HELP ME UNDERSTAND WHAT, UM, WHAT YOU KNOW ABOUT THAT? YEAH, HE'S AND, AND WHERE THE, WHERE THE OPPORTUNITIES ARE.
CERTAINLY WE'D LIKE TO LEARN MORE ABOUT THE EXTENT OF THE CURRENT YOUTH PROGRAMS THAT THEY HAVE GOING ON, BUT THE REASON WHY THIS IS INCLUDED IS BECAUSE WE STILL HAVE A SIGNIFICANT NEED IN THE AREA FOR INCREASED YOUTH PROGRAMS. UM, ALSO LOOKING AT THE FORMULA ONE AGREEMENT IN MIAMI THAT ALSO HAS A STRONG YOUTH COMPONENT.
AND SO I SEE AN OPPORTUNITY THERE FOR US TO REALLY STRENGTHEN AND MAKE SURE THAT WE HAVE ROBUST SERVICES AVAILABLE.
SO I THINK THEN IT'S REALLY ABOUT EXPANDING THEM RATHER THAN STARTING THEM.
HOPEFULLY, HOPEFULLY WE'LL FIND THAT THEY, THEY HAVE DONE WHAT THEY HAD COMMITTED TO DOING, WHICH IS TO START THOSE PROGRAMS AND THOSE PARTNERSHIPS AND MAKING SURE THAT THEY EXIST, BUT YOU'RE ASKING THEM TO EXPAND THEM THEN, IS THAT, IS THAT FAIR? THAT IS FAIR ASSESSMENT.
WELL, I LOOK FORWARD TO GETTING MORE DETAIL AROUND THAT, AND I THINK THE IDEA OF THE INTERNSHIP PROGRAM IS GREAT.
UM, IT TOO, IT WOULD BE GOOD TO KNOW WHETHER, WHETHER THERE ARE ANY EXISTING PROGRAMS OF THAT SORT RIGHT NOW, OR WHETHER, WHETHER THIS WOULD BE ASKING THEM TO CREATE THEM IN EITHER CASE I'M GOING TO SUPPORT IT.
BUT I, IT WOULD JUST BE HELPFUL TO KNOW WHAT PROGRAMS ALREADY EXIST.
I WANTED TO JUST INDICATE MY AGREEMENT WITH, UM, THE AMENDMENT THAT, UH, COUNCIL MEMBER FUENTES HAS BROUGHT, AND I SUPPORT IT.
I VISITED, UM, F1, I THINK IT WAS LAST MONTH, MAYBE ABOUT SIX WEEKS AGO.
AND WHILE MY EXPERIENCE WAS REALLY PRETTY STRAIGHTFORWARD AS FAR AS ACCESS INTO THE SITE AND GOING HOME.
UM, AND THAT WAS SPECIFICALLY WHY I WAS OUT THERE.
I WANTED TO SEE HOW THE PARKING LOT DRAINED AND WHAT THE APPROACH WAS, UH, BY CAR.
UM, AND I REALIZED THAT WHILE MY EXPERIENCE WAS PRETTY STRAIGHTFORWARD, THAT ISN'T NECESSARILY THE NORM, BUT I THINK IT SHOULD BE.
SO I DO SUPPORT THIS WORK AND I WANT TO MAKE SURE THAT WE, AND EMPHASIZE THAT WE COORDINATE WITH THE STATE OF TEXAS, THE TEXAS DEPARTMENT OF TRANSPORTATION AND TRAVIS COUNTY.
AND I WAS WONDERING TOO, UM, IF I COULD ASK MAYBE STAFF AND ALSO MY COLLEAGUE, UH, COUNCIL MEMBER POINTED IS, SHOULD WE ALSO DETERMINE THE FINANCIALS ON WHAT, UM, AT SOME POINT WHAT THE IMPROVEMENTS TO THE ROADWAYS SHOULD BE?
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IS THAT PART OF THE, THE, UM, THE ITEM THAT'S COMING FROM STAFF, DOES THAT, DOES IT HAVE THE FINANCIAL, SORRY, THIS AMENDMENT DOES ASK FOR STAFF VERSUS WHEELOCK TO COME BACK WITH RECOMMENDATIONS BY MARCH 4TH ON, ON WHAT WOULD BE THE FISCAL IMPACTS OF WHAT'S LAID OUT AND, AND THAT WOULD BE FISCAL IMPACTS FOR THEM SPECIFIC, UM, FOR THEM AND OR FOR ANY OF THE JURISDICTIONS FOR THE CITY, THE STATE AND THE COUNTY.SO WE'RE LOOKING TO THEM TO HELP WITH THE, UM, ACCUMULATION OF THAT INFORMATION.
SO I JUST WANTED TO MAKE SURE THAT WE WERE COORDINATING WITH CODA ON RECOMMENDATIONS, UM, THAT THE EVENT ORGANIZERS MAY HAVE AND COLLABORATE ALSO WITH CODA OFFICIALS TO DETERMINE BEST SOLUTIONS.
AND IT SOUNDS LIKE WE ARE IN THAT DIRECTION, WHICH IS TERRIFIC.
SO THANK YOU SO MUCH FOR THESE AMENDMENTS AND FOR THE ITEM FROM STAFF.
UM, I ACTUALLY WAS OUT AT CODA DURING THE ROLLING STONES CONCERT WITH MY DAUGHTER TO GO OUT THERE.
AND WE WERE ONE OF THE HUNDREDS OF THOUSANDS OF PEOPLE WHO SEEM TO BE STUCK IN TRAFFIC AT THE TIME.
AND I HAD SOME SIGNIFICANT CONCERNS, WHICH I TALKED WITH COUNCIL MEMBER FONTEZ ABOUT, AND I'M HAPPY TO SUPPORT THIS, UM, MOTION SHEET.
I THINK THAT THE BEST THING HERE IS TO GET EVERYBODY TOGETHER AT THE TABLE WHO'S INVOLVED IN THE PROCESS THAT WE CAN MOVE FORWARD WITH A REALLY GOOD, ROBUST PLAN FOR IMPROVEMENT BECAUSE THE BENEFIT THEY COULD HAVE BRINGS TO OUR CITY IS SO WONDERFUL AND SO GREAT.
I WANT EVERYONE WHO VISITS TO HAVE A WONDERFUL EXPERIENCE AND NOT HAVE TO DITCH THEIR CAR ON THE SIDE OF THE ROAD AND PROVIDE ADDITIONAL HAZARDS TO PEOPLE SO THAT THEY CAN GET TO THE EVENT BY WALKING INSTEAD OF SITTING IN TRAFFIC.
SO THANK YOU SO MUCH, COUNCILMAN, OR THANK YOU.
UM, MY QUESTION WAS MORE OF A LEGAL QUESTION.
I TOTALLY APPRECIATE, UM, COUNCIL MEMBER QUINTUS BRINGING THIS FORWARD AND ALL, UH, I AGREE THAT THAT SHOULD BE PART OF THE DIRECTION.
UM, I THINK I MIGHT JUST WAIT FOR, UM, DEBRA TO GET BACK WITH CLARIFICATION.
I JUST WANTED TO UNDERSTAND, UM, SINCE THE AMENDMENT, THE AGREEMENTS ARE SORT OF THEY'RE, THEY'RE IN HERE IN AN ODD WAY THAT I'VE NEVER SEEN IN A RESOLUTION.
I JUST WANTED TO MAKE SURE THAT THE, THAT WE COULD AMEND THE EXHIBITS BECAUSE IT, IT JUST LEGALLY, IT SEEMS ODD.
UM, SO I JUST WANTED TO GET SOME CLARIFICATION.
I DON'T KNOW IF DEBORAH IS READY TO PROVIDE THAT COUNCIL MEMBER.
WELL, WE'LL PROBABLY PROVIDE AN ANSWER, BUT IT'S MORE OF A QUESTION OF WHETHER I WANT TO MAKE SURE THAT YOUR MOTION IS FRAMED, UM, APPROPRIATELY, SO THAT IT ACCOMPLISHES THE GOAL THAT I AGREE WITH.
I THINK YOU MAY BE, I THINK IT MAY BE FINE.
I HAD ORIGINALLY READ THROUGH THE MATERIAL AND WAS LIKE, OKAY, THESE AGREEMENTS ARE HERE, BUT WE CAN'T AMEND THEM.
UM, BUT IT DOES SAY THAT WE'RE AUTHORIZING AND NEGOTIATING OR NEGOTIATE AUTHORIZING NEGOTIATION, EXECUTION OF AGREEMENTS.
SO IT'S JUST AN ODD, BUT NOT SEEING THAT FRAMING.
SO, UM, WE'LL GET CLARITY ON THAT.
AND I'LL ASK COUNSEL TO, TO SPEAK WITH YOU, IF, IF ANY MODIFICATIONS DO NEED TO HAPPEN TO MAKE IT WORK.
YES, MARY JUST WANT TO ALSO, UM, ON THE BACK OF THE AMENDMENT SHEET, I JUST WANT TO DRAW YOUR ATTENTION.
THERE ARE TWO PORTIONS THAT WE'RE DIRECTING OUR CITY MANAGER AND CITY STAFF, AND THAT IS TO COORDINATE AND PARTICIPATE IN THE REGIONAL DISABILITY ACCESS TASK FORCE.
UM, THIS IS SPEAKING TO, UM, YOU KNOW, TO THE NEEDS THAT AROSE FROM THE ROLLING STONES CONCERT, BUT ALSO LOOKING AT, UM, WAYS THAT WE CAN BETTER COORDINATE AND ENHANCE ADA EVENT PROTOCOL, UH, AND ALSO LOOKING AT COORDINATION WITH CAP METRO TO INCREASE PUBLIC TRANSIT OPTIONS, INCREASING REGIONAL MOBILITY.
YOU REALLY NEED TO GET A BETTER SENSE OF, UH, WHAT MORE CAN BE DONE WITH PUBLIC TRANSIT OUT IN THE DEL VALLEY AREA.
UH, SO ALSO WANT TO MAKE SURE THAT WE KEEP THAT TOP OF MIND.
AND MAYBE BETWEEN NOW AND THURSDAY, WE CAN JUST FURTHER UNDERSTAND YOUR EXPECTATIONS ON THE TASKFORCE, UH, DEVELOPMENT, BECAUSE TYPICALLY TASKFORCES ARE, UH, FROM COUNCIL.
AND SO I JUST WANT TO MAKE SURE THAT AS WE THINK THROUGH HOW WE MIGHT BE ABLE TO EXECUTE THAT DIRECTION IN PARTICULAR, UH, WE'RE MEETING WHAT YOU'RE GOING TO DO.
AND YOU KNOW, AND THEY HAVE A BIG PLANTS OUT THERE AT COOK CODA.
UH, THEY, THERE, IT'S GOTTA BE A BIG REGIONAL, UH, AMUSEMENT CENTER WHERE THEY WERE BRINGING IN ALL KINDS OF ACTIVITY YOU'RE AROUND.
SO, UH, IT'S VERY IMPORTANT THAT, UH, THAT WE GET THE ROAD SITUATIONS CORRECT.
WE DO MASS TRANSIT, YOU KNOW, CAPITAL METRO HEALTH PROBLEM WITH BELL VALLEY IS THAT IT'S INCORPORATED AND NOT A PART OF THE
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METRO SERVING SERVICE THIS AREA.SO WE NEED TO FIGURE OUT TOO WITH THE COUNTY, HOW TO ADDRESS THOSE KIND OF ISSUES.
BUT I, WE, WE NEED TO REALLY DARK WHEN THEY BRING THEIR SITE PLANS OVER TO US BECAUSE IT'S COMING THAT WE REALLY NEED TO ADDRESS THE TRAFFIC ISSUES AND THE SIDEWALK.
AND HOPEFULLY THAT MAY BE IN THE, IN THE, I KNOW THEY'RE, THEY'RE INTO CARS AND, AND, UM, BILLS, BUT, UH, WE NEED TO ALSO LOOK AT ALTERNATIVE WAYS OF GETTING THERE, INCLUDING TRAILS AND BIKE LANES SO THAT, YOU KNOW, IT'S ALREADY ALMOST THERE TO THE AIRPORT.
SO IT WOULDN'T TAKE MUCH TO EXTEND THOSE TRAILS OUT TO THAT DAKOTA.
ALL RIGHT, LET'S GO ON TO THE NEXT ITEM, BY THE WAY, METRO, I WOULD ALSO ADD TO THE POOL ITEMS, ITEM NUMBER TWO ON THE A H F C AGENDA.
THIS IS THE TANNAHILL PROPERTY ITEM IN 68 ON THE COUNCIL AGENDA ITEM NUMBER TWO ON THE AUSTIN HOUSING FINANCE CORPORATE.
OH, MAYOR, COULD I MAKE A QUICK COMMENT ABOUT, UH, EIGHT? I JUST WANTED TO, TO, UH, UH, LET COUNCIL MEMBER OF WHEN TEZ KNOW THAT I APPRECIATE HER AMENDMENT AND I'LL BE SUPPORTING IT SOUNDS GOOD.
LET'S GO TO THE NEXT POLL ITEM ITEM NUMBER 64.
UM, THIS WAS PULLED BY THE MAYOR PRO TEM.
I'M SUPPOSED TO GO INTO THE NEXT ITEM.
NO, WE DIDN'T COME BACK TO THAT.
UH, THE NEXT ITEM PULLED, UH, THAT I HAD WAS A 14 AND 69.
THESE WERE THE, UH, THE SOUTH AUSTIN.
UM, TERS UM, I THINK THIS WAS PULLED BY BOTH ME AND COUNCIL MEMBER.
UH, TOVO MY QUESTIONS WROTE GENERALLY, AND THEN WE'LL LET, UH, KATHY, UH, SAY WHAT HERS WERE.
UM, THE PURPOSE OF DOING THIS THE WAY WE DID THIS NOW WAS TO PRESERVE OPTIONS FOR US GOING INTO NEXT YEAR.
UH, I DIDN'T KNOW THAT WE WOULD BE READY TO HAVE SUBSTANTIVE CONVERSATIONS YET ON WHAT THE PERCENTAGE WOULD BE OR WHAT THE MONEY WOULD BE USED FOR OR LIMITED TO, OR EVEN THE AMOUNT OF THE, UH, UH, UM, PROJECT TO BE FUNDED, ALL THOSE KINDS OF QUESTIONS.
BUT MY UNDERSTANDING FROM A LEGAL STANDPOINT IS THAT WHATEVER WE PUT INTO IT THIS TIME TODAY, THIS WEEK, WE COULD CHANGE IN JANUARY IF WE WANTED TO, BUT IT WOULD STILL SERVE TO PRESERVE IN THIS CALENDAR YEAR, THE ABILITY TO BE ABLE TO ATTACH VALUE THAT WE COULD INCREASE OR LOWER THE PERCENTAGE.
UM, UH, AND WE COULD DO THAT UP UNTIL WHATEVER POINT IT IS THAT WE ACTUALLY ENTER INTO FINANCING AGREEMENT.
I WANT TO CONFIRM THAT IF THAT'S CORRECT, BECAUSE I WANT TO KNOW HOW MUCH OF THE SUBSTANTIVE STUFF WE REALLY HAVE TO GET INTO.
YOU GOT TO HAVE I'D IMAGINE THAT THERE'S GOING TO BE A LONG CONVERSATION ON WHAT THE APPROPRIATE PERCENTAGE ULTIMATELY IS OR WHAT THE NUMBERS ARE.
AND I'M TRYING TO FIGURE OUT IF IT'S SOMETHING WE HAVE TO HAVE NOW, OR IF IT DOESN'T REALLY MAKE ANY DIFFERENCE, WHAT WE PUT IN, CAUSE WE'VE PRESERVED WHAT WE NEED TO PRESERVE AND NOW IT CAN MOVE AND WE CAN CHANGE THOSE THINGS TO COMING UP COUNSEL AT KIMMEL LAVARUS, DEPUTY CFO, UM, YES, THE ACTION THAT YOU WOULD BE TAKING THIS WEEK WOULD BE TO ESTABLISH THE TERMS AND BE ABLE TO SET THAT BASELINE VALUE FROM WHICH WE WOULD THEN COLLECT THE CAPTURE VALUE IN THE YEARS, GOING FORWARD, WHEN YOU'RE ESTABLISHING THAT TERMS, YOU DO NEED TO PROVIDE A PRELIMINARY PROJECT AND FINANCING PLAN, WHICH IS WHY YOU SEE IN THE BACKUP, THE INFORMATION RELATED TO, UM, THE PERCENTAGE OF TAX REVENUE THAT WOULD BE DEDICATED TO THE ZONE.
UM, THE VARIOUS PROJECTS, UM, DEBT CAPACITY, THE ASSOCIATED, BONDED INDEBTEDNESS, UH, AND VARIOUS OTHER INFORMATION.
THE ONCE COUNCIL APPROVES THE CREATION OF THE ZONE, WE WOULD THEN COME BACK IN THE, UH, IN 2022 WITH THE FINAL PROJECT AND FINANCING PLAN.
SO THAT'S WHERE WE HAVE THE OPPORTUNITY TO MAKE SOME ADJUSTMENTS AS NEEDED.
BUT WE DID AS PART OF THE STATE LAW FOR ESTABLISHING THE CHORES IN THE FIRST PLACE, WE DID NEED TO INCLUDE THOSE COMPONENTS.
AND I UNDERSTAND THAT, BUT WE COULD CHANGE THEM ANY AT ANY POINT WE WANTED TO NEXT YEAR.
I MEAN, YOUR PLAN IS TO COME BACK WITH A FINAL, BUT WE COULD CHANGE IT MULTIPLE TIMES IF WE WANTED TO BY AMENDING A PLAN SO LONG AS WE DO IT BEFORE WE ACTUALLY, UH, ENCUMBERED DEBT, THAT'S RELYING ON WHATEVER THAT PLAN IS.
UM, YOU CAN AMEND THE PLAN ON THE D THE DEGREE OF STEPS THAT WOULD BE REQUIRED TO DO
[00:30:01]
SO IS SOMETHING THAT WE WOULD NEED TO DISCUSS, BECAUSE WHEN YOU MIGHT TRIGGER THE NEED FOR AN ADDITIONAL PUBLIC HEARING OR THINGS LIKE THAT.SO WE WOULD, SO I'M HESITANT DISHES SAY FLATLY, THAT YES, YOU CAN AMEND THE PLAN.
IT'S, IT'S, THERE'S SOME, THERE'S SOME DETAILS.
IF YOU COULD LAY THAT OUT FOR US, I WANT TO KNOW THE FLEXIBILITY WE HAVE AGAIN, BECAUSE I'M TRYING TO FIGURE OUT HOW TO, HOW, HOW MUCH WE HAVE TO GO INTO THESE QUESTIONS NOW, OR WHETHER THESE ARE ALL QUESTIONS.
I MEAN, THEY'RE, I WOULD IMAGINE IT'S GOING TO TAKE ONE.
I WANT TO THANK THE STAFF FOR THE HERCULEAN EFFORT TO GET THIS ON THIS AGENDA THIS NEXT YEAR, SO THAT WE CAN CATCH THAT, UH, VALUE INCREASE, UH, A LOT OF WORK THAT WAS DONE IN A REALLY SHORT PERIOD OF TIME IN ORDER TO MAKE THAT PRESERVATION HAPPEN.
I'M JUST TRYING TO FIGURE OUT HOW MUCH WE HAVE TO ACTUALLY GET INTO THE OTHER DETAILS OR WHETHER WE COULD ACTUALLY SET PERHAPS A FULL WORK SESSION ON THE QUESTION OF WHAT ARE THE VARIABLES AND THE ALTERNATIVES THAT WE COULD BE MOVING FOR.
I, IN MY VOTE, IF THAT'S THE CASE WOULD NOT BE AN ENDORSEMENT OF THE PLAN OTHER THAN WE HAD TO HAVE A PLAN IN ORDER TO BE ABLE TO MOVE FORWARD.
SO LAYING THAT OUT WITH THOSE OPERATIONS ARE, BUT AT THE VERY LEAST, WE KNOW WE HAVE ONE MORE OPPORTUNITY AND POTENTIALLY MORE WITH NOTICE PROVISIONS WITH THE EXCEPTION OF THE SNOOPY TRACK, WHICH IS NOT IN THE GEOGRAPHIC AREA, UH, IN WHAT'S POSTED FOR OUR ACTION THIS WEEK.
IS THAT CORRECT? THAT'S CORRECT.
HEY, IF WE HAD POSTED THE LAND TO INCLUDE THE SNOOPY POD TRACK, COULD WE HAVE TAKEN IT OUT OF THE PLAN IN JANUARY OR AT SOME FUTURE TIME, IF WE HAD WANTED TO, BEFORE WE ACTUALLY STARTED FINALIZING THE PLAN, I NEED TO, I NEED TO CONFER WITH LEGAL ON, ON THAT ONE.
UM, I, I JUST, I NEED TO CONFIRM WITH LEGAL ON THAT ONE.
AND IF YOU COULD CHECK AND LET US KNOW ON THAT, BECAUSE MY UNDERSTANDING IS IS THAT WE COULD HAVE TAKEN IT OUT, BUT BECAUSE OF THE POSTING LANGUAGE, WE CAN'T PUT IT IN.
SO, SO BY VIRTUE OF NOT, UH, BY VIRTUE OF POSTING IT WITHOUT THE SNOOPY POD TRACK EFFECTIVELY, UH, UH, WHAT'S HAPPENED HERE IS, UM, WE, WE DON'T HAVE THE ABILITY TO BE ABLE TO ADD THAT NOW, IS THAT CORRECT? THAT'S, THAT'S MY UNDERSTANDING OF HOW MUCH NOTICE AND WHAT WOULD WE NEED TO DO IN ORDER TO BE ABLE TO ADD THAT AGAIN, I'M NOT SURE THAT I WOULD WANT IT IN THE GEOGRAPHIC AREA, BUT I DIDN'T THINK WE WERE MAKING ANY SUBSTANTIVE CALLS.
WE WERE JUST PRESERVING OPTIONS AS BEST WE COULD.
SO I'M CONCERNED ABOUT THIS PIECE THAT MAY HAVE ESCAPED US, THE REASON FOR EXCLUDING IT IS RELATED TO THE, BUT FOR, AND I UNDERSTAND THAT, BUT WE HAVE, WE COULD HAVE A DISCUSSION ABOUT THE PART FOR ABOUT WHETHER THAT WOULD HAVE GONE IN, BUT FOR THE, THE, THE ANTICIPATION OF THE PLAN AND THE LIKE, DON'T WANT TO HAVE THAT DISCUSSION NOW.
UH, BUT THERE COULD BE DIFFERENCES OF OPINIONS ON, ON THE BOT FOR, AND HOW TO APPLY THE, BUT FOR HIM, I'M JUST TRYING TO GET THIS POINT TO FIGURE OUT WHAT WE'VE PRESERVED AND WHAT WE HAVEN'T PRESERVED FOR CONVERSATION NEXT YEAR, GENERALLY SPEAKING, IN ORDER TO, TO ADJUST THE BOUNDARIES, UH, WE WOULD NEED TO RE THERE'S, YOU HAVE TO HOLD THE PUBLIC HEARING IN ADVANCE.
AND THAT'S ALSO ON THE THURSDAY'S AGENDA, UM, BEFORE ESTABLISHING THE TERSE IN ORDER TO HOLD THAT PUBLIC HEARING.
THERE'S ALSO STATE LAW THAT REQUIRES THAT WE NOTIFY THE PUBLIC AT LEAST SEVEN DAYS IN ADVANCE THROUGH THE, THE MAIN PAPER IN THE AREA.
SO WE DID INCLUDE THAT THIS LAST WEEK IN THE STATESMAN.
UM, SO WE WOULD HAVE TO GO THROUGH THAT PROCESS AGAIN, UM, IN ORDER TO ADJUST THE BOUNDARY AND, AND, UM, TO HOLD A PUBLIC HEARING WITH THAT INCLUDED.
WOULD IT BE POSSIBLE? I, COLLEAGUES IT'S ANTICIPATED, WE HAVE A JOINT SESSION NEXT TUESDAY WITH THE COUNTY ON THE COVID REPORT.
IT'S POSSIBLE THAT WE COULD BE ADDING BY SPECIAL CALLED NOTICE TO THAT, UH, MEETING ON TUESDAY, THE EXTENSION OF DR.
WACHS AUTHORITY TO, UH, KEEP THE ORDER SHE HAS WITH RESPECT TO SCHOOLS AND THE, LIKE APPARENTLY OUR AUTHORITY THAT SAYS THAT HER ORDERS HAVE THE FORCE OF LAW EXPIRES AT THE END OF THE YEAR.
THIS IS WHAT'S ALSO ON TUESDAY, IT'S ANTICIPATED.
IF WE HAVE ENOUGH COUNCIL MEMBERS PARTICIPATING WITH US ON TUESDAY, UH, WE MAY EXTEND THAT AUTHORITY.
UH, WE COULD ALSO ON TUESDAY ADD THE SNOOPY POD PIECE BACK INTO THE DISTRICT, UH, OR NOT.
I MEAN, WOULD THAT BE SOMETHING WE COULD DO ON TUESDAY IF WE WANTED TO, UH, DO THAT TODAY, I DO NEED TO CONFER WITH LEGAL ON THAT.
UM, BUT IF ASSUMING THAT THERE'S THE NEED FOR ADDITIONAL PUBLIC HEARING NOTICE,
[00:35:01]
THAT WOULD HAVE TO BE IN TODAY'S STATESMAN, UM, AND BECAUSE OF THE WEEK NOTICE, BUT I JUST, I NEED TO HAVE A CONVERSATION WITH, WITH LEGAL TO SEE WHAT IS POSSIBLE IN TERMS OF THAT MAYOR.CAN I SPEAK TO THEM? LET ME ASK A QUESTION OR COME BACK TO YOU JUST A SECOND.
SO THE, UH, UH, UM, IF WE WANTED TO ADD THAT PIECE OF LAND BACK INTO THIS, WE COULD, WE COULD ADD IT NEXT YEAR, BUT IT WOULD HAVE A DIFFERENT ACCRUAL DATE THAN THE REST OF THE PROPERTIES.
IS THAT CORRECT? IF YOU WERE THAT TO CHANGE THE BOUNDARIES AFTER THE TOUR'S HAS BEEN ESTABLISHED AND ON A FINAL PLAN THAT WOULD REQUIRE GOING S ST AND GOING THROUGH THE WHOLE PROCESS OF A PUBLIC HEARING AND, UM, THE ASSOCIATED MARKET ANALYSIS, THINGS LIKE THAT.
UM, SO WE CAN GO THROUGH THAT PROCESS.
UM, BUT IT'S SUBJECT TO THE SAME CRITERIA AS IS THE, THIS TOURISM IS RIGHT NOW AS WELL.
I WOULD ALSO LIKE TO UNDERSTAND WHAT LIMITATIONS, IF ANY, WHAT WOULD NEED TO HAPPEN IF THE COUNCIL WISHED TO INCLUDE THAT PROPERTY IN IT AND WHAT THE RAMIFICATIONS ARE OF DOING IT NEXT YEAR, AS OPPOSED TO THIS YEAR, JUST TO HAVE THAT INFORMATION.
SO IF YOU COULD PROVIDE THAT, I'D APPRECIATE IT.
I'M GOING TO GO TO COUNCIL MEMBER TOBO CAUSE SHE ALSO PULLED THIS ITEM AND THEN WE'LL, AND THEN WE'LL COME BACK.
SO YOU HIT ON MY FIRST QUESTION, WHICH IS WHY THE SNOOPY POD WAS NOT INCLUDED.
I'M NOT SURE THAT WE'VE REALLY GOTTEN A FULL EXPLANATION OF THAT, BUT LET ME JUST SAY, I AM REALLY INTERESTED IN FIGURING OUT WHAT, WHAT WE NEED TO DO TO MAKE SURE THAT IT'S INCLUDED WITHIN THE BOUNDARIES.
AND SO IF WE CAN FIGURE OUT HOW TO VERY QUICKLY POST IT IN THE STATESMAN SO THAT WE HAVE THE ABILITY TO HAVE A SPECIAL CALLED MEETING NEXT WEEK TO ADJUST THE BOUNDARIES, THAT'S A HIGH PRIORITY FOR ME.
AND ALSO IF WE COULD, IF WE COULD ASK LEGAL TO LOOK AND SEE WHETHER A BOUNDARY, WHETHER THE INCLUSION OF THAT FITS WITHIN THE EXISTING POSTING LANGUAGE OR NOT, IF WE COULD JUST GET A DEFINITIVE ANSWER ON THAT, THAT WOULD BE, THAT WOULD BE GOOD.
SO, UH, AMONG OTHER QUESTIONS I HAVE, AND I'LL TRY TO SUBMIT THESE TODAY FOR THE Q AND A, BUT IF YOU COULD TALK ABOUT, UH, FIRST OF ALL, AND I HAVE, I HAVE A BUNCH OF QUESTIONS THAT I WOULD LIKE MY COLLEAGUES TO SORT OF BE ENGAGED IN.
SO I MAY, I MAY NEED TO DEFER AT SOME POINT AND COME BACK.
CAN YOU TALK A LITTLE BIT ABOUT WHY, WHAT THE RATIONALE IS FOR CAPPING THE TOUR'S AT 46% AND THEN HOW THAT COMPARES TO SOME OF OUR OTHER TOURS? AT LEAST I THOUGHT AT LEAST ONE OF THEM WAS AT A HUNDRED PERCENT.
SO COULD YOU TALK THROUGH WHY 46%? AND THEN I HAVE A COUPLE OTHER KIND OF HIGH LEVEL QUESTION.
SO IN HISTORICALLY IN OUR OTHER ATTORNEYS, AS WE HAVE BEEN A HUNDRED PERCENT, THAT DOES CREATE CHALLENGES IN TERMS OF, UH, THE GENERAL FUND ITS IMPACT ON THE GENERAL FUND, UM, SPECIFICALLY RELATED TO THE, THE DEBT SERVICE AND OTHER ASPECTS.
UH, SO BY, UH, COMMITTING A HUNDRED PERCENT OF YOUR TAX COLLECTIONS IN THE AREA, YOU'RE ACTUALLY CAUSING THE GENERAL FUND TO ABSORB ADDITIONAL EXPENSES, WHICH JUST LIMITS YOUR ABILITY TO USE THE GENERAL FUND FOR OTHER, NOT OTHER NEEDS.
UM, SO WHEN WE PRESENTED TO COUNCIL LAST MONTH ABOUT THE PLAN FOR HOW WE WOULD APPROACH THIS HERS, WE HAD INDICATED THAT WE WOULD BE LOOKING AT ONLY THE VALUE ASSOCIATED WITH THE GROWTH BECAUSE OF THE PUBLIC INVESTMENT MADE IN THAT, IN THE ZONE.
UM, SO WHEN WE PULL OUT THE PROJECT CONNECT PORTION OF THE PROPERTY TAX COLLECTIONS IN THE AREA, AND THEN ALSO CALCULATE HOW MUCH OF THE VALUATION WOULD BE ASSOCIATED, THE VALUATION GROWTH WOULD BE ASSOCIATED WITH THE PUBLIC INVESTMENTS AS OUTLINED IN THE SOUTH CENTRAL WATERFRONT VISION PLAN.
THAT'S WHAT ULTIMATELY RESULTS IN A 46% CONTRIBUTION RATE.
SO IS THE, IS THE RATIONALE IS THE, IS THE CALCULATION 46% BECAUSE YOU'RE ASSUMING 54% IS DUE TO PROJECT CONNECT? NO, UH, THEY, THE, LET ME PULL UP ALL THE NUMBERS, SO IT CAN BE EXACT ON THE NUMBERS HERE.
SO WE'RE ASSUMING THAT, UM, JUST UNDER 55% OF THE VALUATION GROWTH IN THE AREA IS JUST BASED ON THE MARKET ANALYSIS THAT WE RECEIVED IS ASSOCIATED WITH THE PUBLIC INVESTMENT.
UM, WHEN THEN WE ALSO REDUCE THE, THE PROPERTY TAX CALCULATION, UH, FOR THE PRO PROJECT CONNECT PORTION OF THE TAX RATE, AND THEN APPLY THAT 55%.
SO THAT'S WHAT ULTIMATELY GETS YOU TO THE 46%.
THIS IS A DIFFERENT PERSPECTIVE THAN IT SOUNDS LIKE WE'VE TAKEN WITH REGARD TO OUR OTHER CHOICES, WHICH ARE AT A HUNDRED PERCENT, AND THERE WAS NO ATTEMPT TO KIND OF CALCULATE HOW MUCH OF THAT GROWTH IN VALUATION WAS DUE TO OTHER FACTORS, MARKET FACTORS, OTHER KINDS OF FACTORS.
[00:40:01]
SO I JUST WANT TO HIGHLIGHT THAT THIS IS THAT WE'RE SHIFTING GEARS A LITTLE BIT AND HOW WE'RE IN, HOW WE'RE APPROACHING THIS TOURERS UM, AND I, I WANNA UNDERSTAND A LITTLE BIT BETTER WHY THAT SHIFT IS HAPPENING MAYBE OUTSIDE OF THIS CONVERSATION AND IN THE Q AND A INSTEAD.UM, ONE, ONE ISSUE I HAVE IS THAT, UM, IN LOOKING AT WHAT WOULD BE REGARDED AS THE TOP TIER, THE TIER ONE PROJECTS, I'M NOT SEEING AFFORDABLE HOUSING AS ONE OF THEM.
AND SO THAT, TO ME SUGGESTS, AND I WANT TO VERIFY THIS ASSUMPTION, THAT PROJECTS SUCH AS THE ONE THAT WE'VE DIRECTED STAFF TO DO AT ONE TEXAS CENTER AND THE, YOU KNOW, AFFORDABLE HOUSING, AS OPPOSED TO BE COMPRISED ABOUT 25% OF, OF THE DEVELOPMENT IN THAT AREA OF THE SOUTH CENTRAL WATERFRONT.
AND SO I DON'T, I'M NOT UNDERSTANDING WHY IT'S NOT IN THE TOP TIER IN THE TIER ONE IN THE TIER ONE LISTED AS A TIER ONE PROJECT.
AND THAT WOULD, THAT MEANS THEN IF WE WANT TO SEE THAT IT'S GOING TO HAVE TO BE FUNDED THROUGH OTHER SOURCES OR AT A MUCH LATER PHASE.
AND I DON'T THINK EITHER IS SOMETHING I CAN SUPPORT.
SO CAN YOU HELP ME UNDERSTAND BY AFFORDABLE HOUSING IS NOT WITHIN THE TIER ONE, IT'S THE, THE PROPERTY VALUE, UH, AND THE ASSOCIATED PROPERTY TAX REVENUES THAT CALCULATIONS SHOWED THAT WE WOULD NEVER BE ABLE TO MEET THE AFFORDABLE HOUSING ASPECTS OF IT.
HOWEVER, UM, THE EXACT COST RELATED TO THE AFFORDABLE HOUSING IS HARD TO CALCULATE, AND THAT'S SOMETHING THAT I WOULD DEFER TO ROSIE, TRUE LOVE TO SPEAK TO IN TERMS OF JUST WHAT AFFORDABLE HOUSING THAT AREA LOOKS LIKE.
UM, SO THE INTENT WOULD BE AS DEVELOPMENTS OCCUR.
UM, THOSE, THOSE PROJECTS WOULD INCORPORATE AFFORDABLE HOUSING INTO THEIR PROJECTS AND THEN THE CITY, UH, WE WOULD BE LOOKING AT WHAT CONTRIBUTIONS WE CAN MAKE WITHIN THE ZONE AS WELL.
I'M SORRY, I'M NOT UNDERSTANDING THAT MS. ALVAREZ.
SO YOU'RE SAYING THAT THE CALCULUS THAT YOU DID AN ESTIMATION OF WHAT IT WOULD COST TO PRODUCE THE AFFORDABLE HOUSING THAT WAS IN OUR VISION PLAN AND DECIDED IT WAS MORE THAN WE WOULD BE ABLE TO GENERATE THROUGH THE TOURS.
THE, AND, AND THEN HOW DID THAT, AND SO KNOWING THAT WE WOULD BE SHORT FUNDS ANYWAY, MAYBE I'M MISUNDERSTANDING, YOU WERE, WE'RE EXTREMELY LIMITED ON HOW MANY, HOW MUCH PROPERTY TAX REVENUE WOULD BE CREATED WITHIN THE ZONE.
UM, SO LOOKING AT WHAT WOULD QUALIFY UNDER THAT, BUT FOUR CRITERIA IN THE VARIOUS OTHER ASPECTS OF CREATING HIS OWN, UM, WE WERE LOOKING AT WHAT INVESTMENTS CAN, CAN SUPPORT THE CREATION OF THAT ZONE.
AND THEN, UM, I WANTED IT FOR, TO ROSIE TO SPEAK TO MORE ABOUT HOW WE CAN HANDLE THE AFFORDABLE HOUSING IN MORE DETAIL IN THE AREA, BUT IS THIS, IS IT AS CURRENTLY CONSTRUCTED? AM I RIGHT IN ASSUMING THAT THE TOUR'S IS NOT GOING TO SUPPORT THE CONSTRUCTION OF AFFORDABLE HOUSING IN THE SOUTH CENTRAL WATERFRONT? THAT IS CORRECT.
I THINK THAT'S A BIG DIVERGENCE FROM WHAT WE HAVE COMMITTED TO THE COMMUNITY, WHAT, UM, W WHAT WE'VE DISCUSSED, WHAT WE'VE PRIORITIZED ON THIS COUNCIL.
AND I JUST WANT TO FLAG THAT THAT'S, THAT'S REALLY A CONCERN, AND I LIKELY WILL JUST MAKE AN AMENDMENT TO, TO MAKE IT SO ON THURSDAY.
I MEAN, I APPRECIATE YOUR EXPLANATION, BUT I JUST HAVE TO FLAG THAT THAT'S A REAL DIVERGENCE OF, OF, UM, WHERE WE WERE GOING.
UM, MAYOR AND COUNCIL ADVANTAGE, CHIEF FINANCIAL OFFICER, THANK YOU FOR THAT, UH, COUNCIL MEMBER TOVO.
I DID JUST WANT TO STATE THAT, YOU KNOW, WE TRIED TO RAISE SOME OF THESE ISSUES EARLY ON IN THE CONVERSATION THAT CREATION OF THE TERS DOESN'T SOLVE ALL THE FUNDING CHALLENGES ASSOCIATED WITH THE SOUTH CENTRAL WATERFRONT.
THERE'S ROUGHLY $250 MILLION OF PUBLIC INFRASTRUCTURE IMPROVEMENTS THAT ARE ANTICIPATED.
I THINK ACTUALLY WITH INFLATION STAFF NOW, ESTIMATES THAT WILL BE ABOUT $270 MILLION.
UM, AND I'VE SEEN ESTIMATES AS HIGH AS $250 MILLION.
IF WE WANT TO ACHIEVE THE 20% AFFORDABILITY GOAL USING CITY FINANCING FOR IT.
NOW, IF YOU LOOK AT OUR OTHER TOURS IS SUCH AS MUELLER AND SUCH AS EVEN THE CONVERSATIONS WE'RE HAVING AT COLONY PARK, THE 20% AFFORDABILITY IS, IS BEING PROVIDED BY THE DEVELOPMENT.
IT'S A PUBLIC PRIVATE PARTNERSHIP.
AND THE PUBLIC PARTNERSHIP IN THOSE CASES IS TO PUT IN PUBLIC AND FOR INFRASTRUCTURE.
AND THE PRIVATE PARTNERSHIP IS TO BUILD THE DEVELOPMENT, HOUSING, AND COMMERCIAL.
AND IN THAT HOUSING WOULD BE 20% AFFORDABLE AS PART OF, AS PART OF THE, UH, UH, AGREEMENT IN THE NEGOTIATION.
SO THERE'S REALLY TWO AVENUES FOR HOW WE WOULD ACHIEVE THE 20% AFFORDABILITY CONSISTENT WITH OUR TIFF POLICY.
ONE WOULD BE TO ADD IT TO THE TERRORS, BUT OF COURSE, WE'RE ONLY ESTIMATING ABOUT $95 MILLION OF BONDING CAPACITY FROM THIS TOUR'S, UM, WHICH WOULDN'T BE SUFFICIENT EVEN ACHIEVE THE 20% AFFORDABILITY OR IN THE PROCESS OF NEGOTIATING WITH DEVELOPERS TO DEVELOP THE AREA, TO THE EXTENT THAT THE DEVELOPMENT INCLUDES HOUSING, THE POLICY WOULD REQUIRE FOR 20% OF THAT TO BE AFFORDABLE, IF THAT DEVELOPMENT WANTS TO PARTICIPATE IN THE TERS.
SO I, I HAVE SOME QUESTIONS ABOUT THE ECONOMIC DEVELOPMENT CORPORATION AND THEIR ROLE HERE THAT I WOULD LIKE TO ASK MAYOR FOR YOU TO COME BACK TO ME AFTER EVERYBODY'S HAD AN OPPORTUNITY, BUT I JUST WANT TO FLAG THAT WE'RE SETTING IT AT WE'RE
[00:45:01]
WHAT'S BEFORE US IS SETTING IT AT 46%, NOT A HUNDRED PERCENT, IT'S EXCLUDING A DEVELOPMENT THAT IS GENERATING QUITE A BIT OF GROWTH.AND, AND THOSE ARE BOTH REVENUE GEN.
YOU KNOW, IF WE'RE LOOKING AT THE FACT THAT WE DON'T HAVE ENOUGH REVENUE IN THE TOURS TO HELP FUND THE AFFORDABLE HOUSING, THAT WAS A KEY COMPONENT OF THE PLAN.
WE'RE ALSO MAKING SOME REVENUE CHOICE, WE'RE MAKING SOME CHOICES ABOUT REVENUE, AND I UNDERSTAND, YOU KNOW, SETTING IT HIGHER THAN 46, UM, PUTS ADDITIONAL BURDENS ON THE GENERAL FUND.
I UNDERSTAND THAT CONNECTION REALLY CLOSELY.
I'M JUST, I'M ALSO SAYING I'M SEEING A REAL CHALLENGE HERE WITH HOW WE, HOW WE FULFILL OUR COMMITMENT TO GET THAT 25% AFFORDABLE HOUSING AND, UH, AND DO IT AT ONE TEXAS CENTER, WHICH IS WHERE, YOU KNOW, ONE, ONE PLACE WHERE WE COULD GET A LOT OF IT.
WHEN YOU LOOK AT THE QUESTION OF THE POSTING LANGUAGE AND WHATNOT, I'D LIKE, I'D LIKE TO BETTER UNDERSTAND THE DIFFERENT, THE TWO DIFFERENT PATHS OF AMENDING THE GEOGRAPHIC BOUNDARIES VERSUS JUST POSTPONING AND TAKING IT ALL UP WITH AMENDED POSTING LANGUAGE, YOU KNOW, IS THERE, UM, WHAT IS MOST EFFICIENT IN TERMS OF BEING ABLE TO GET THAT OTHER PROPERTY IN THERE? SO AGAIN, I HAVE SOME QUESTIONS ABOUT THE ECONOMIC DEVELOPMENT CORPORATION, THE ROLE THAT THEY HAVE PLAYED WITH, UM, CONSTRUCTION OF THE TOURISTS, WHEN YOU, WHEN YOU'RE READY TO COME BACK AROUND, THANK YOU, COUNCIL MEMBER, UH, LILA FIRESIDE IS IN THE MEETING AND SHE CAN ANSWER YOUR QUESTIONS.
GOOD MORNING, COUNCIL, MAYOR, CITY MANAGER, UM, SPEAK UP, SORRY.
UH, LILA FIRESIDE, UH, ASSISTANT CITY ATTORNEY, AND PART OF THE CHALLENGE WITH ADDING THE SNOOPY PIPE AND IS THAT IF WE CAN'T MAKE THE BUTT FOR ANALYSIS, THEN WE CAN'T USE THAT TO SUPPORT THE BONDS.
THE ATTORNEY GENERAL'S OFFICE WILL LOOK VERY CAREFULLY AT WHETHER OR NOT, UM, THE BONDS AND THE IMPROVEMENTS THAT WE'RE PUTTING IN MEET THAT, BUT FOR TEST AND THE SNOOPY PUD IS ALREADY DEVELOPING.
AND SO IT'S VERY DIFFICULT TO MAKE THAT ANALYSIS.
SO THAT IS WHY THE ECONOMICS OF IT AND THE LEGAL FRAMEWORK RESULTED IN THAT EXCLUSION.
UH, WE CAN DEFINITELY LOOK INTO THE NOTICE ISSUES THAT YOU'VE IDENTIFIED, FIGURE OUT IF THERE'S WHAT THE MOST EFFICIENT PATH IS TO CONSIDER ADDING IT.
BUT YOU DO NEED TO UNDERSTAND THAT ADDING IT IN WILL NOT NECESSARILY GET US WHERE WE NEED TO GO AS FAR AS, UM, FUNDING FOR THE PUTT AND FUNDING FOR THE BONDS.
AND THEN MS. ALBERTOS IS CORRECT.
UM, ANY AMENDMENTS TO THE GEOGRAPHY, UH, ANY AMENDMENTS TO THE PLAN, UH, WILL NEED TO GO THROUGH THE SAME PROCESS OF REVIEW FOR ECONOMICS REVIEW FOR FEASIBILITY NOTICE IN THE NEWSPAPER, A PUBLIC HEARING, AND THEN, UH, ADOPTION BY COUNCIL.
UH, CERTAINLY THE AUSTIN ECONOMIC DEVELOPMENT CORPORATION HAS BEEN COMMUNICATING WITH STAFF REGARDING HOW THEY CAN INTEGRATE INTO HELPING US OPERATE THE TAX INCREMENT REINVESTMENT.
SO, AND THEY'RE ALSO LOOKING AT HOW CAN THEY BRING DEVELOPMENT THAT MIGHT, UM, MEET THE GOALS OF COUNCIL AS FAR AS AFFORDABLE HOUSING, AND AS FAR AS BRINGING IN ADDITIONAL VALUE, IF THEY'RE ABLE TO DO THAT.
AND IF THE TOURIST GENERATES MORE FUNDING THAN WE INITIALLY ANTICIPATE, IT'S TIERED RIGHT NOW TO BE ABLE TO PHASE IN ADDITIONAL IMPROVEMENTS.
SO I APPRECIATE IT CASPER TOVA THAT ISSUES THAT YOU'VE RAISED, THAT I SHARE THOSE SAME ISSUES, INCLUDING THE ADC.
I KNOW THAT THEY WERE HOPING TO GET SOME OF THEIR INITIAL ADMINISTRATIVE FUNDING FROM THIS.
IT TALKS ABOUT ADMINISTRATIVE FUNDING BEING A COMPONENT OF THIS, BUT IT DOESN'T SPEAK TO THE VC, BUT ALL OF THOSE QUESTIONS, WHEN, WHEN I, WHEN I ORIGINALLY BROUGHT THE RESOLUTION TO COUNCIL WAS REALLY JUST TO PRESERVE OUR ABILITY TO BE ABLE TO CAPTURE VALUE, RECOGNIZING THAT THERE WASN'T ENOUGH TIME TO ACTUALLY HAVE COUNSEL WORK THROUGH THE ISSUES AND THE POLICY QUESTIONS BY WHAT THE APPROPRIATE PERCENTAGE WOULD BE.
IN FACT, I HAD SUGGESTED AT ONE POINT YOU JUST PUT IN 0% OR THAT WE WEREN'T ACTUALLY MAKING THE DECISION.
NOW YOU PUT IN 46%, I DON'T CARE WHETHER IT'S 40, PER 6% OR 80% OR 2% OTHER THAN DOING WHATEVER IT IS YOU NEED TO DO TO HAVE A PLAN THAT IS SUPPORTIVE OF THE CONCEPT, UH, SO THAT WE CAN MOVE FORWARD
[00:50:01]
AND CAPTURE THE VALUE.SO IF I LOOKED AT IT AND SAID, WELL, RECOGNIZING THAT IN ORDER TO CAPTURE THE VALUE YOU HAD TO PUT IN A PLAN, A PLAN BASED ON THE INFORMATION THAT YOU HAD COULD BE SUPPORTED AT 46% BASED ON THE INFORMATION THAT YOU, THAT YOU HAD.
AND THAT ENABLED US THEN TO BE ABLE TO MOVE FORWARD.
AND I MAY HAVE ASSUMED WRONG, BUT I WAS COMFORTABLE WITH THAT.
AND I'M NOT SURE THAT WE'RE IN A PLACE WHERE WE COULD ACTUALLY HAVE THE DEBATE THAT WE WILL EVENTUALLY HAVE ON WHAT THE APPROPRIATE PERCENTAGE IS.
AND WHETHER THAT SNOOPY POD DEVELOPMENT WOULD HAVE HAPPENED, BUT FOR THE, THE SOUTH CENTRAL PLAN OR NOT, I THINK THERE'S ARGUMENTS TO BE MADE THAT THAT WOULD NOT HAVE HAPPENED THAT WAY, BUT FOR THE SOUTH CENTRAL PLAN AND ANTICIPATION OF THAT PLAN.
BUT AGAIN, I DON'T THINK WE'RE AT A PLACE TO, TO HAVE THOSE KINDS OF CONVERSATIONS.
I THINK THAT'S PROBABLY AN ENTIRE DAY WORK SESSION ON THE PLAN.
THE ONLY THING I'M CONCERNED ABOUT MOSTLY IS THE EXCLUSION OF THE SNOOPY POD LAND, BECAUSE THAT SEEMS TO BE SOMETHING THAT HAS REMOVED FROM THE COUNCIL, THE ABILITY TO HAVE THAT CONVERSATION, BUT YOU SAID SOMETHING COUNCIL MEMBER TOBO THAT, THAT I, THAT, YOU KNOW, I COULD PARTICIPATE IN A SPECIAL CALLED MEETING ON THURSDAY OR FRIDAY TO ADD THE SNOOPY PUD LAND INTO THE GEOGRAPHIC AREA, IF THAT WERE SOMETHING THAT WERE FEASIBLE TO DO, RECOGNIZING THAT THE ULTIMATE DECISION ABOUT WHETHER OR NOT THAT'S ULTIMATELY INCLUDED OR NOT, I WOULD WANT TO HAVE TIME AND A WORK SESSION TO ACTUALLY CONSIDER BECAUSE IT MAY BE THAT IT'S NOT APPROPRIATE TO HAVE IN THERE, BUT RATHER THAN HAVING A TWO TIERED SYSTEM, IF WE DECIDED WE DID ULTIMATELY PUT IT IN, IF WE COULD TAKE AN ACTION ON THURSDAY OR FRIDAY NEXT WEEK TO INCLUDE IT.
AND IF THERE WAS SUFFICIENT INTEREST IN PRESENCE OF THE COUNCIL, UH, I WOULD BE AVAILABLE AND WOULD SUPPORT THAT MEASURE BECAUSE THAT'S THE ONE THAT KEEPS OPEN THE FLEXIBILITY FOR US.
AND MAYOR, JUST, IF I COULD CLARIFY, I NEED TO CLARIFY WITH LEGAL, MY UNDERSTANDING OF THOSE DIFFERENT OPTIONS STILL, LIKE WHAT IS, WHAT HAS TO BE DONE BEFORE THE END OF THE YEAR AND IS AN AMENDMENT TO THE BOUNDARIES.
DOES THAT HAVE TO HAPPEN BEFORE THE END OF THE YEAR AND THEN AS YOU BETTER ARTICULATED, DOES IT MAKE SENSE TO DO ONE STEP AND THEN AMEND IT NEXT WEEK? OR DOES IT MAKE BETTER SENSE JUST TO TAKE IT UP NEXT WEEK AND WEDNESDAY, IF WE COULD DO THIS WEDNESDAY, I HAVE FEWER CHALLENGES THAN I WOULD HAVE A LITTLE LATER IN THE WEEK.
HE'S GOT TO RESPOND TO, I THINK WE WOULD NEED AT LEAST 10 DAYS.
I BELIEVE THAT STATEMENT ON THE THREE DAYS NOTICE, UM, TO GET THE AD, THIS REQUIRED INTO THE PAPER, THEN WE NEED SEVEN DAYS, UH, FOR THE PUBLIC HEARING NOTICE PRIOR TO COUNCIL TAKING ACTION ON THE CREATION OF A TOURS.
SO THAT WOULD GET US TO FRIDAY, I BELIEVE.
WE NEED TO PULL OTHER OFFICES TO SEE AVAILABILITY.
LIKE, UM, YOU TOLD HIM ABOUT FRIDAY THE 17TH, RIGHT? YEAH.
THREE OF US HAVE A CAP METRO BOARD, MEANING THAT COULD GO RATHER LONG ON THAT DAY.
SO JUST WANTED TO POINT THAT OUT AND JUST, I MEAN, I'M CERTAINLY OPEN.
I DON'T WANT TO STAND IN THE WAY IF THIS NEEDS TO BE DONE AS YOU, AS YOU AND COUNCIL MEMBER TOVA FIGURED THAT OUT, BUT JUST BE AWARE THAT, UM, THAT REALLY NEED TO PULL PEOPLE'S OFFICES BECAUSE WE HADN'T PLANNED AND I MAY NOT BE AVAILABLE AT ALL NEXT WEEK.
SO BECAUSE WE HADN'T PLANNED ON IT WITH A SPECIAL CALL MEETING AND IF WE ARE, IF IT NEEDS TO HAPPEN FINE, BUT I, I WOULD WANT US TO RESIST THE TEMPTATION TO PUT OTHER THINGS ON IT TOO.
I DON'T THINK ANYBODY WAS AWARE OF THE POSSIBILITY UNTIL NOW.
WE'LL BE OUT OF TOWN ON THE 17TH.
SO I WON'T BE ABLE TO MAKE IT AS HER ELLIS.
I MIGHT BE ABLE TO PARTICIPATE REMOTELY IF THAT'S AN OPTION THAT IS AN OPTION.
AND I WOULD IMAGINE IT COULD BE A, YOU KNOW, A FIVE MINUTE MEETING.
UH, IF ALL WE WERE DOING WAS INCREASING THE GEOGRAPHIC AREA SUBJECT TO LIMITING IT NEXT YEAR.
SO IT WOULDN'T BE A LONG MEETING, BUT IF WE COULD CHECK TO SEE WHETHER THAT WAS FEASIBLE AND WHETHER THAT WOULD IN FACT AFFECT WHAT IT IS WE'RE TRYING TO GET ACCOMPLISHED OR NOT ANYTHING ELSE AT, UM, JUST IN CASE IT'S PERTINENT TO THE, YOUR DELIBERATIONS ON THE MATTER, UM, LELA LAID OUT THE LEGAL CONCERNS WITH INCLUDING THE, UM, RIVER SOUTH PROPERTY IN THE TOURISTS.
THERE'S ALSO A FINANCIAL CONSEQUENCES AND BOTH OF THESE WERE DISCUSSED AT THE NOVEMBER 16 BRIEFING,
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BUT, UM, PUTTING THAT PARCEL INTO THE TERS, UM, WOULD HAVE A GENERAL FUND IMPACT.THESE, YEAH, THIS IS F UH, UM, A BUILDING THAT'S ALREADY BEEN CONSTRUCTED.
IT'S A BUILDING THERE'LL BE COMING ONTO THE TAX ROLL, UM, JANUARY 1ST, 2022, AND IT'S REVENUE THAT WILL EITHER GO INTO A DEDICATED TERSE FUND OR ITS REVENUE THAT WILL GO INTO A GENERAL FUND.
AND THAT'S REALLY ONE OF THE CRITICAL ASPECTS, TWO CRITICAL ASPECTS TO THE, BUT FOR REQUIREMENT, IT'S A LEGAL REQUIREMENT OF STATE LAW.
THE BONDS WILL BE REVIEWED BY THE ATTORNEY GENERAL OFFICE AND THEN, UH, PRESERVING THE GENERAL FUND, WHICH IN A THREE AND A HALF PERCENT REVENUE CAP IS MORE CRITICAL THAN EVER, UM, ENSURING THAT THAT, BUT FOR ARGUMENT EXISTS, BUT FOR THE PUBLIC INVESTMENTS, THE ADDITIONAL DEVELOPMENT VALUE WOULDN'T COME.
BUT IF THE DEVELOPMENT VALUE IS ALREADY THERE, THAT IS, UM, GENERAL FUND REVENUE THAT WE WOULD HAVE TO, UH, PLAN FOR AND FORECAST FOR IN OUR FISCAL YEAR 23 BUDGET, BUT, BUT TO MAKE TWO CLEAR HEADS.
SO I MAKE SURE THAT I UNDERSTAND IF WE WERE TO INCLUDE THE SNOOPY, UH, UH, POD TRACK INACTION, WE TOOK IN DECEMBER.
AND THEN IF WE WERE TO HAVE A WORK SESSION ON THIS ISSUE IN JANUARY OR FEBRUARY, UH, WHERE WE WOULD ACTUALLY SIT THROUGH AND DISCUSS THE POLICY QUESTIONS, YOU JUST RAISED THE DEFINITIONAL QUESTIONS THAT COUNCIL MEMBER TOBO RAISED.
WE COULD IN FACT TAKE IT OUT OF THE DISTRICT IN FEBRUARY, UH, WITH NO FINANCIAL IMPACT ON THE CITY.
IS THAT CORRECT? I WOULD HAVE TO DEFER TO LILA WITH WHAT WOULD BE REQUIRED TO DO THEN.
AND I GUESS IT GOES TO THE QUESTIONS THAT I'M ASKING, BECAUSE MY UNDERSTANDING WAS IS THAT WE COULD THEN AMEND TO TAKE IT OUT.
WE COULD AMEND TO CHANGE THE PERCENTAGES IF THEY WERE TOO HIGH OR TOO LOW, WE COULD AMEND TO DO, TO ADD A DC.
I DIDN'T SPEND A LOT OF TIME TALKING ABOUT WHAT THE PRESENTATION HAD LAST TIME, BECAUSE WE WERE NOT IN A POSITION TO BE ABLE TO DISCUSS ANY OF THOSE THINGS.
UH, WE WERE JUST TRYING TO PRESERVE AS MANY OPTIONS AS WE CAN.
AND WHAT I'M REACTING TO TODAY IS IT LOOKS LIKE IF WE DON'T DO SOMETHING, WE'RE NOT PRESERVING ALL THE OPTIONS, BUT LATER, LET ME ASK YOU THAT QUESTION.
IF WE WANT, IF WE WERE TO INCLUDE IT IN THE PUD GEOGRAPHIC AREA BY ACTION NEXT WEEK, COULD WE IN JANUARY WHEN WE HAVE A CHANCE TO ACTUALLY SIT DOWN OR FEBRUARY TO GO THROUGH THE PROS AND CONS AND THE ISSUES AND DISCUSS IT IN ATLANTA, THE POLICY CONCERNS MR. VAN DE NIRO THAT YOU'VE RAISED, COULD WE TAKE IT OUT IN FEBRUARY? UM, I KNOW THAT AT THE HEARING, WHICH YOU'LL HAVE TO HAVE, UH, IF YOU WANT TO INCLUDE IT, YOU CAN EXCLUDE ANY PIECES OF PROPERTY.
UM, W WE HAVEN'T DONE AN ACTION WHERE WE'VE TAKEN OUT PIECES OF PROPERTY FROM A PUD, I MEAN, FROM A TOURIST, BUT I THINK THAT WE OUGHT TO BE ABLE TO DO THAT, UM, FOR THE FINAL PLAN, IF THE FINAL PLAN IS WHAT'S BEING DISCUSSED AND ADOPTED IN FEBRUARY.
OR WE COULD HAVE, EVEN IF WE WEREN'T READY TO DO THE FINAL PLAN UNTIL LATER IN THE YEAR, WE COULD HAVE A SUBSTANTIVE CONVERSATION ON THESE ELEMENTS IN JANUARY OR FEBRUARY WHERE I'M, I'M NOT NECESSARILY TYING THOSE TWO TOGETHER.
IN FACT, I WOULD THINK WE WOULD WANT TO HAVE A WORK SESSION.
WELL, BEFORE YOU DEVELOP THE FINAL PLAN, I COME BACK TO COUNCIL SO THAT YOU COULD GET DIRECTION ON THOSE THINGS.
SO WE COULD HAVE A LONG CONVERSATION ABOUT THE POLICY ELEMENTS.
AND THEN BASED ON THAT, THEN YOU WOULD BE ABLE TO GO BACK AND DEVELOP A FINAL PLAN THAT WAS CONSISTENT WITH WHATEVER THE COUNCIL DIRECTION WAS.
SURE THAT THE CHALLENGE IS GOING TO BE THAT IN THE FRAMEWORK OF THE STATUTE, UH, WE ARE LIMITED BY WHAT WE HAVE NOTICED TO THE PUBLIC IN THE NEWSPAPER, UH, AS FAR AS THE AREA, AND ALSO WHAT WE'VE NOTICED TO THE PUBLIC, AS FAR AS WHAT THE PLAN IS GOING TO BE.
SO WE CAN'T NECESSARILY AMANDA OFF THE CUFF AS FAR AS ADDING THINGS IN, OKAY, I'M NOT SUGGESTING WE RUN IT OFF THE CUFF THAT AT TURNING POINT NEXT YEAR, THAT WE ACTUALLY MADE CHANGES.
WE WOULD DULY NOTICE THEM AND DISCUSS THEM.
I'M NOT SUGGESTING WE, WE CURTAIL ANY OF THE PROCESSES, BUT MY UNDERSTANDING IS WE CAN DO ALL THE NECESSARY PROCESSES AND NEXT YEAR, AND HAVE THE DISCUSSIONS NEXT YEAR ABOUT SUBSEQUENTLY WHAT, WHAT WE WANT TO DO.
THE ONE THING THAT WE WILL NOT BE ABLE TO DISCUSS NEXT YEAR IS WHETHER OR NOT WE INCLUDE THIS, THE SNOOPY POTTER, NOT IF WE DON'T ADD IT NOW, THEN WE'RE PRECLUDED FOR THAT.
UNLESS WE WANT TO BUILD A TWO TIERED
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SYSTEM WITH TIMING, WHICH, WHICH SEEMS TO BE UNDULY CUMBERSOME AND LIKE SO SURE.SO YES, YOU CAN DO THAT WITH THE APPROPRIATE NOTICE AS YOU'VE DISCUSSED.
UM, NOW WE DO HAVE SOME TAX INCREMENT REINVESTMENT ZONES IN THE CITY WHERE WE HAVE EITHER LENGTHENED THE TIME OR ADDED IN PROPERTY.
SO IT'S, UM, SO IT CAN BE DONE AND IT DOESN'T RECAP IT WITH ANYTHING.
IF YOU CHOSE TO ADOPT THIS ON THURSDAY AND THEN ASK STAFF TO COME BACK, UH, IN THE FOLLOWING YEAR WOULD BE A DIFFERENT TAX INCREMENT, BUT IT WOULDN'T BE, I MEAN, A DIFFERENT TAX YEAR SETTING THE VALUE FOR THAT PARTICULAR PIECE OF PROPERTY.
BUT OTHERWISE WE HAVE DONE TAX INCREMENT REINVESTMENT ZONES WHERE WE HAVE CHANGED THE BOUNDARIES.
SO TO THAT POINT, UH, KATHY ON THURSDAY, THE ONLY THING THAT WE WOULD BE MISSING IF WE APPROVE ON THURSDAY WITH CAL, WITH STAFF HAS PROPOSED, WE CAN CHANGE ANYTHING THAT'S IN THE PLAN.
WHEN WE SIT DOWN AND HAVE A FURTHER CONVERSATION ON IT, WITH THE EXCEPTION OF ADDING SNOOPY POD, WHICH WE COULD DO SUBSEQUENTLY, AND WE WOULD LOSE ONE YEAR'S WORTH OF VALUE, ADD THAT WE WOULD HAVE IN PLAY.
AND THAT'S THE QUESTION I THINK, I THINK THAT COULD BE A LOT THOUGH.
NO, I MEAN, I, IT SEEMS TO ME THAT THAT YOU'RE MAKES A DIFFERENCE WHEN YOU HAVE A PROPERTY THAT'S ACTIVELY REDEVELOPING.
SO TO ME, THAT'S, UM, I MEAN, IT'S GOING TO BE REALLY COMPLICATED AND IT SOUNDS LIKE A LOT OF OUR COLLEAGUES MIGHT NEED TO BE REMOTE, INCLUDING MAYBE ME, UM, DEPENDING ON WHICH DAY WE DO IT THOUGH, I WOULD, YOU KNOW, DO WHAT I CAN DO TO BE HERE WHEN I NEEDED TO BE.
BUT I THINK STILL THAT IT SOUNDS TO ME LIKE THAT STILL MAYBE THE BEST OPTION JUST TO DO WHAT WE CAN DO TO GET IT DONE, GET THAT PROPERTY ADDED IN FOR THIS TAX YEAR.