[00:00:07]
[CALL TO ORDER]
UH, I WANNA WELCOME EVERYBODY TO THE OCTOBER MEETING, THE BOND OVERSIGHT COMMISSION, AND, UH, WE'LL CALL IT TO ORDER.AND NICOLE, YOU GOT THE TIME? YES, SIR.
AND NOW DO WE HAVE ANYBODY SIGNED UP FOR PUBLIC COMMUNICATION? NO, SIR.
THEN, WITHOUT FURTHER ADO, WE'LL MOVE TO
[1. Approval of the minutes of the Regular meeting of the Bond Oversight Commission on September 18, 2024. ]
THE APPROVAL OF THE MINUTES, IF EVERYBODY'S HAD A CHANCE TO READ THEM.AND I'LL ENTERTAIN A MOTION, UH, MOTION TO APPROVE THE MINUTES.
TO APPROVE THE MINUTES, SAY, AYE.
AND IT LOOKS LIKE IT'S UNANIMOUS FROM ALL OF US HERE.
AND NOW WE'RE IN FOR, WE PROBABLY NEED TO DO ROLL CALL TOO, DON'T WE? YES.
[2. Staff Briefing from the Parks and Recreation Department on Public Bond Projects ]
RACHEL MORRIS, ACTING CAPITAL IMPROVEMENT PROGRAM MANAGER FOR PARKS AND RECREATION.I SERVE AS THE ASSISTANT DIRECTOR FOR THE PARKS AND RECREATION DEPARTMENT OVER, UH, PLANNING, DEVELOPMENT, OPERATIONS, MAINTENANCE AND ASSET MANAGEMENT.
AND WE THANK YOU FOR INVITING US TO DISCUSS OUR PROGRESS WITH REGARD TO THE 2018 BOND.
AND RACHEL, UM, AS SHE SAID, SHE IS SERVING AS THE INTERIM MASTER MANAGEMENT MANAGER AND SHE WILL, UM, GO THROUGH THE DETAILS AND WE WILL BE HAPPY TO ANSWER ANY QUESTIONS.
UH, I KNOW THAT, UH, YOU'RE USED TO HAVING STEVEN LYNETTE PRESENT THESE, UM, BUT I WILL TRY MY BEST.
UM, WE'RE GONNA BE COVERING BOTH THE, UM, PROPOSITION C AND PROPOSITION B, BUT I'M GONNA START WITH PROPOSITION C, SO, OKAY.
UM, AND I THINK WE HAVE A COUPLE OF SLIDES.
CAN I PURPOSES, OR DO I SAY NEXT SLIDE? YOU CAN DO.
UM, SO THIS IS THE MISSION OF THE, THE BOND OVERSIGHT COMMISSION.
I IMAGINE YOU GUYS ARE FAMILIAR WITH THAT, SO I'M GOING TO MOVE FORWARD.
SO, AS YOU KNOW, UM, PROPOSITION C WAS ONE OF THE SEVEN PROPOSITIONS, UM, APPROVED BY VOTERS IN 2018.
AND, UH, THIS PROPOSITION, UM, WAS FOR 190, UM, SORRY, 149 MILLION.
UM, AND IT WAS INTENDED TO PROVIDE FUNDING FOR IMPROVEMENTS, RENOVATIONS AND UPGRADES TO VARIOUS PARKS AND RECS, AC, AC ASSETS, UM, AS WELL AS FOR THE ACQUISITION OF NEW PARK LAND.
AND OF THAT 149, A HUNDRED PERCENT OF THAT HAS BEEN APPROPRIATED.
UM, AND TO DATE, WE HAVE SPENT CLOSE TO 93 MILLION, AND WE CURRENTLY HAVE, UH, UM, 10.8 MILLION ENCUMBERED BRINGING US TO A TOTAL OF 3.8 MILLION OR 70% OF THE FUNDS COMMITTED, UM, OF THE BALANCE.
UM, WE ONLY HAVE 13.5 MILLION REMAINING UNASSIGNED, AND THIS IS INTENTIONAL.
WE'RE KEEPING THESE FUNDS SET ASIDE FOR CONTINGENCY AND ON OUR CURRENT PROJECTS AND, UM, FOR EMERGENT NEEDS AS WE WRITE OUT THE NEXT TWO YEARS BEFORE THE NEXT BOND.
UM, AND, UH, THE CONTRACT WITH THE VOTERS FOR PROP C DIRECTED THE PRIORITIZATION OF PROJECTS AND PROGRAMS TO IMPROVE, UH, ACCESS, RENEW AND INVEST IN AGING FACILITIES, IMPROVE EQUITY AND ADVANCE THE HEALTH AND ENVIRONMENTAL, UH, INDICATION
[00:05:01]
INDICATORS FOR SD 23.UM, THESE WERE FURTHER BROKEN OUT.
THESE FUNDS WERE FURTHER BROKEN OUT INTO FIVE DIFFERENT, UH, MAJOR CATEGORIES.
UM, PARKLAND ACQUISITION AT 45 MILLION, AQUATICS AT 40 PARKLAND, IMPROVEMENTS AT 25, UM, BUILDING RENOVATIONS AT 21.5 AND INFRASTRUCTURE AT 17.5.
UM, AND THE APPROPRIATIONS WERE, UM, WELL, THE FUNDS WERE FIRST APPROPRIATED IN MARCH, 2019.
SO WE ARE FIVE AND A HALF YEARS INTO THE, UM, PROGRAM IMPLEMENTATION.
AND, UH, TO DATE, UM, FUNDING HAS CONTRIBUTED TO 126 PROJECTS AND 43 PARKLAND ACQUISITIONS.
UM, WE ARE GOING TO START WITH AQUATICS.
UM, AS YOU CAN SEE, WE CURRENTLY HAVE FIVE POOL PROJECTS IN CONSTRUCTION.
UM, AND THESE WERE PRIMARILY GUIDED BY THE AUSTIN, UM, AQUATIC MASTER PLAN.
UH, THE FIRST TWO PROJECTS THAT WERE IDENTIFIED WERE GIS POOL, WHICH WAS DEEMED BEYOND REPAIR AND CLOSED IN 2019.
UM, AND THE COLONY PARK POOL, WHICH WAS IDENTIFIED AS TOP PRIORITY IN THE MASTER PLAN FOR THE SYSTEMS GROWTH.
UM, AND WE ANTICIPATE BOTH OF THESE PROJECTS REACHING SUBSTANTIAL COMPLETION THIS YEAR.
UM, I'M SORRY, YOU SAID THIS YEAR? I'M SORRY, THIS YEAR, YES.
IN FACT, UM, IN NOVEMBER, SO
AND IN ADDITION TO, UM, BOND FUNDING, PARK EXPECTS TO RECEIVE, UM, 3.12 MILLION FOR THE MONTAO POOL REPLACEMENT FROM TPWD, UM, AND THEIR OR LAB GRANT THIS MONTH.
HERE ARE SOME RENDERINGS OF NORTHWEST AND MONTOPOLIS.
UM, THESE, AS YOU CAN SEE INCLUDE A LOT OF NEW FEATURES.
UM, SHUFFLED NORTHWEST, OH, I'M SO SORRY,
UM, IT'S, UH, IT INCLUDES A KITTY POOL, UH, ZERO DEPTH ENTRY AND, UH, RENOVATED CHANGING ROOMS, RESTROOMS, UM, NEW FENCE AND GATE, UM, NEW SERVICE DRIVE, AND, UM, EIGHT 50 METER LANES.
UM, WE HAVE MONTOPOLIS WITH SEVEN LAP LANES, A WATER SLIDE, A NEW PICNIC AREA, UM, ZERO DEPTH ENTRY POOL, AND, UM, RENOVATED RESTROOMS AS WELL.
AND FOR COLONY PARK POOL AND GIBBS.
UH, WE'VE GOT SOME PHOTOS HERE THAT SHOW THAT WE ARE GETTING CLOSE DEED TO THAT SUBSTANTIAL COMPLETION FOR BUILDING RENOVATIONS.
UM, OF THE 21.5 MILLION APPROPRIATED FOR BUILDING RENOVATIONS.
UM, WE HAVE, UM, A HUNDRED, I'M SORRY,
AND AS YOU CAN SEE, WE HAVE ANOTHER NUMBER OF PROJECTS IN THE PIPELINE.
UM, GIVENS RECREATION CENTER RENOVATIONS AND ER MAINTENANCE, UH, BARN ARE CURRENTLY IN THE BID PHASE.
UM, IN ADDITION, I I JUST WANNA MAKE A NOTE ABOUT, UM, THE ER MAINTENANCE BAR IN ADDITION TO, UM, SOME PROP C FUNDS, UH, THIS PROJECT INCLUDES 2.6 MILLION IN, UM, UH, 2012 BOND FUNDS.
AND WE HAVE HAD SOME BAD LUCK WITH THIS PROJECT, INCLUDING A CONTRACTOR FILING FOR BANKRUPTCY.
SO WE ARE, UM, EXCITED TO BE BACK IN THE BID PHASE AND LOOKING FORWARD TO COMPLETING THIS PROJECT.
UM, WE ALSO RECENTLY COMPLETED THE FAR TENNIS CENTER, UM, INCLUDING A RENOVATION TO, UH, THE TENNIS CENTER ITSELF, COURTYARD TENNIS COURTS AND LIGHTING, AS WELL AS RAIN GARDENS, AND ONE ACRE OF BLACK LAND PRAIRIE RESTORATION.
UM, AND THIS PROJECT SORT OF EXEMPLIFIES, UH, PARTS COMMITMENT TO SUSTAINABILITY, AND WE EXPECT IT TO ACHIEVE, UM, BOTH SITES, SILVER AND LEAD GOLD CERTIFICATION FOR PARKLAND IMPROVEMENTS.
WE HAVE EVEN MORE PROJECTS IN VARIOUS STAGES OF DEVELOPMENT.
UM, AND, UH, AS YOU CAN SEE, WE HAVE, UH, RECENTLY COMPLETED QUITE A FEW, OR AT LEAST SINCE WE LAST PRESENTED TO THIS COMMISSION.
UM, WE HAVE COMPLETED HIGHLAND NEIGHBORHOOD PARK, DUNCAN NEIGHBORHOOD PARK, UH, BRUSH SQUARE, REHABILITATION,
[00:10:02]
GIS, DISTRICT PARK, PHASE ONE, UM, THE BOMB DISTRICT, UM, PARK PLAN VISION, AND, UM, AND THE RIALTO NEIGHBORHOOD PARK.UM, WE EXPECT, UH, TO BE ABLE TO, UH, GET THE, UM, THE VISION PLAN FOR BOMB, UM, BEFORE COUNCIL SOON.
AND FOR INFRASTRUCTURE PROJECTS, THE 17.5 MILLION, UM, APPROPRIATED WAS, UH, BROKEN INTO SIX MAJOR PROJECT TYPES, UM, ATHLETICS, CEMETERIES, GOLF, PARKING LOTS AND ROADWAYS, PLAYGROUNDS AND TRAILS.
AND AS YOU CAN SEE, UM, THERE ARE MANY PROJECT LISTED, PROJECTS LISTED IN EACH CATEGORY.
UM, AND, UH, WE HAVE, WE HAVE COMMITTED 87% OF THESE FUNDS ONLY, UH, 7.8% REMAINS UNASSIGNED.
HERE'S SOME PHOTOS ON OUR INFRASTRUCTURE PROJECTS.
UM, THE INFRASTRUCTURE IMPROVEMENTS AT, UH, DUNCAN NEIGHBORHOOD PARK INCLUDE, UM, NEW ENTRY PLAZA AND, UM, A ALTERNATIVE ENTRANCE ON NINTH STREET THAT UTILIZES A BOARDWALK, UM, THAT EXTENDS OVER SOME WETLAND.
AND, UM, WE ALSO HAVE, UH, THE CONNECTION FROM CIRCLE C RANCH TO THE VILLA WAY FOR PARKLAND ACQUISITIONS.
WE HAVE, UM, OF THE $45 MILLION APPROPRIATED.
WE HAVE, UH, SPENT 39.3 MILLION.
AND, UM, THAT, THAT IS SINCE OCTOBER, UM, SINCE THE BEGINNING OF, UM, THE BOND PROGRAM.
AND SOME OF THAT, UM, SPENDING WAS FROM, UM, SORRY, 80 38 0.5 MILLION OF THAT WAS FROM THE 2018 BOND FUNDING.
AND THE REST OF THAT WAS, UH, LEFTOVER FROM THE 20, UM, 2006 AND 2012 BOND FUNDING.
UM, AS YOU CAN SEE, UM, TO THE RIGHT, THERE IS A BREAKDOWN OF PARKLAND ACQUISITIONS BASED ON, UH, DISTRICT.
AND WE HAVE, UM, COMMITTED 87% OF, OF THE FUNDS HERE.
UM, AND PARKLAND ACQUISITIONS ARE, UM, HEAVILY SUPPORTED WITH PARKLAND DEDICATION FEES AS WELL.
UH, AND AS A RESULT, WE WERE ABLE TO REDUCE PARK DEFICIENCY AREAS AND REALIZE CRITICAL TRAIL CONNECTIONS AND PRESERVE GREEN BELTS.
I WANNA MENTION THAT WE HAVE A, UH, CAPITAL IMPROVEMENTS PROJECT SITE.
UM, THE GIS HUB, UM, HAS AN INTERACTIVE MAP THAT INCLUDES CAPITAL IMPROVEMENT, UM, PROJECTS YOU CAN FILTER BY, UM, CONSTRUCT OR SORRY, UM, PROJECT PHASE.
AND YOU CAN ALSO CLICK ON THE DOTS TO GET MORE INFORMATION ON THE INDIVIDUAL PROJECTS.
UM, WE CAN BE ON THE LOOKOUT FOR OUR, UM, ORLEY NEIGHBORHOOD PARK, BROWNIE NEIGHBORHOOD PARK, LITTLE WALNUT CREEK, GREEN BELT, PHASE ONE.
THOSE ARE ALL GOING TO BE OPEN TO THE PUBLIC SOON.
AND CONSTRUCTION STARTS ON THE GIBBS REC CENTER RENOVATIONS IN EARLY 2025.
UM, WE HAVE ADDITIONAL SOURCES HERE AS WELL IF YOU WANT MORE INFORMATION ON INDIVIDUAL PROJECTS.
UM, ANY QUESTIONS? UM, YEAH, I ACTUALLY HAVE A QUESTION.
UH, GOING BACK A COUPLE PAGES, I'M ACTUALLY FAIRLY TAKEN ABACK BY THE TOTAL INVESTMENT IN DISTRICT TWO BEING LESS THAN 1% OF THIS BOND.
IS THAT 'CAUSE THERE WAS NOTHING IN THE MASTER PLAN FOR IT, OR WAS THAT, OR IS THIS STILL MISSING THINGS THAT ARE SUPPOSED TO BE FUNDED? I SHOULD SAY THAT THIS IS JUST SINCE OCTOBER, UM, 2022.
UM, AND THAT, I BELIEVE WE MAY HAVE SPENT MORE THERE IN TOTAL, BUT THAT'S WHAT WE HAVE SPENT SINCE THE LAST UPDATE.
BUT THE BOND IS FROM, THE BOND IS FROM 2018, SO THE FIRST APPROPRIATION WAS IN 2019.
THAT TABLE DOES NOT INCLUDE WHAT WAS SPENT BETWEEN 2019 AND OCTOBER, 2022.
SO THE TOTAL REMAINS ABOUT, UH, THE 38 MILLION THAT WAS SPENT FROM THIS BOND ALREADY OUT OF THE 45.
[00:15:01]
IS HEAVILY SPENT ALREADY.ANY OTHER QUESTIONS? UH, YES, I'VE GOT A QUESTION.
OH, UM, BACK ON SLIDE 12, UM, ON THE, IN RELATION TO THE, UH, THE GOLF COURSES, I WAS CURIOUS, UM, I NOTICED OVER THE SUMMER THERE WAS SOME DAMAGE TO, UH, TO THE GREENS AT BOTH, I THINK IT WAS BOTH KAISER, UH, AND CLAY.
WANTED TO JUST GET SOME BACKGROUND ON THAT AND HOW THE BOND DOLLARS HELPED RESTORE THOSE GREENS.
IF YOU COULD SHARE ANY, ANY DETAIL AROUND THAT.
I BELIEVE THAT THIS WERE, UM, COVERED THROUGH MAINTENANCE, UM, AND, UH, NOT THROUGH BOND, WHICH USUALLY IS FOR CAPITAL IMPROVEMENTS.
SO, UH, BACK ON SLIDE 12, I DON'T KNOW IF YOU CAN GO THERE.
I HAVE TROUBLE GETTING, UH, PAGE 12.
UH, SO GOLF LARGE PROJECTS OR REPLACE IRRIGATION, RENOVATE GREENS.
UM, SO THE GREENS RENOVATION, THAT DID NOT INCLUDE THE RECENT RESTORATION OF THOSE GREENS OR THAT WAS PART OF THE GREENS RENOVATION.
SORRY, THE GREENS RENOVATION DID INCLUDE, UM, DID, WAS FUNDED BY THE BOND, I BELIEVE THAT YOU MENTIONED ABOUT A SPECIFIC ISSUE THAT HAPPENED THIS SUMMER.
AND THAT WAS PRIMARILY AN ISSUE THAT WE THROUGH MAINTENANCE, BUT I WILL BE HAPPY TO PROVIDE MORE INFORMATION, UH, IF YOU WOULD LIKE ON THAT.
I JUST WANTED TO KNOW THE DISTINCTION.
IT SAID THIS, THIS PROJECT WAS BEFORE THIS PAST SUMMER, IT LOOKED LIKE THEN? CORRECT.
UM, BACK ON THE, THE TOPIC OF ALLOCATION, YOU HAVE ON PAGE SIX, UM, YOUR FIRST BULLET POINT LISTS FOR, I GUESS, CRITERIA FOR, UM, CHOOSING PROJECTS OR, UM, BUYING PARK LAND.
I COULDN'T FIND REFERENCE TO THOSE IN THE ORIGINAL BOND LANGUAGE OR MATERIALS THAT HAD BEEN GIVEN TO THE PUBLIC PRIOR TO THE VOTE.
IS THAT PART OF THE MASTER PLAN, OR WHERE DO THESE CRITERIA EXIST? THIS WAS PART OF, UM, COUNCIL'S DIRECTION.
SO WHEN COUNCIL, UH, VOTED FOR THE BOND TO GO TO THE VOTERS, AND I BELIEVE IT WAS IN AUGUST OF 2018 MM-HMM,
CAN YOU GIVE US A LITTLE COLOR AS TO HOW THOSE CRITERIA SHOWED UP IN YOUR DECISION MAKING PROCESS WHEN YOU WERE DECIDING ON PROJECTS AND ALLOCATIONS? SO WE ACTUALLY DEVELOPED A PRIORITIZATION TOOL, UM, THAT HAD THIS CRITERIA.
SO, UM, AS AN EXAMPLE, UM, WE HAD, UH, THE EQUITY, UH, COMPONENT OF THAT.
WE, UM, WE IDENTIFIED THE METRICS THAT WE WOULD RELY ON THAT HAD TO DO WITH, UH, UH, RACE, WITH INCOME WITH, UM, UM, THE POPULATION IN TERMS OF CHILDREN, FOR EXAMPLE.
AND THAT WAS, UM, UM, THAT WAS ABOUT, UH, THE ONE THIRD OF THE SCORING FOR, UH, FOR A PROJECT.
THE OTHER THIRD WERE HAD TO DO WITH, UM, THE CONDITION OF THE FACILITY AND FOR EXAMPLE, IF THERE WAS A SAFETY ISSUE OR IF THERE WAS, UH, IN DIRE NEED FOR UPGRADES.
UM, AND, UM, UM, THE, UH, THE OTHER THIRD HAD TO DO WITH THE, WITH THE INDICATORS THE STRATEGIC PLAN THAT THE COUNCIL HAD AT THE TIME.
SO BY COMBINING THIS AND SCORING EACH PROJECT, WE WERE ABLE TO FORMALLY PRIORITIZE, UM, OUR, HOW WE, UH, WENT ON THE PROJECTS.
QUESTION, UH, I'D LIKE TO GO BACK TO THE PARKLAND ACQUISITION.
UH, I DIDN'T QUITE UNDERSTAND OF THE 2018 MONEY FOR PARKLAND ACQUISITION.
HOW MUCH IS LEFT? UM, YOU KNOW, I HAVE, UH, 7.2%, BUT I WILL GIVE YOU THAT.
SO IF WE GO FOR THE 45 MILLION, WHICH WAS TOTAL MINUS THE 38.5, SO IT'S SIX AND A HALF MILLION THAT WE HAVE LEFT.
AND I WILL MENTION THAT WE ARE STILL WORKING ON LAND ACQUISITIONS, BUT IN ALL TIMES WE HAVE TO HAVE A WILLING AND ABLE SELLER MM-HMM.
[00:20:01]
AND, UH, IN SOME CASES WE NEED TO HAVE ALSO THE ENTIRE FUNDING, WHICH DEPENDING ON WHAT AREA WE ARE, UM, WE MAY NOT HAVE THAT FUNDING.
SO THAT'S WHERE PARKLAND DEDICATION COMES IN AND HELPS US IN A MAJOR WAY.
BUT WE'RE TALKING ABOUT THE BOND MONEY.
BUT THE BOND FUNDING IN MANY CASES IS SUPPORTED BY PARKLAND DEDICATION IN ORDER TO BE ABLE TO GET AS FAR AS YOU CAN.
SO YOU COMBINE BOND FUNDING WITH OTHER SOURCES OF FUNDING? CORRECT.
BUT AS I REMEMBER IT, AS WE WERE DISCUSSING WHETHER WE NEEDED TO HAVE A BOND ELECTION THIS YEAR, UH, THERE WAS CONSIDERABLE INTEREST, UM, IN THE PARK COUNCIL FOR HAVING THAT.
AND ONE OF THE REASONS THEY CITED WAS, WE NEED MONEY FOR PARKLAND ACQUISITION, AND YET WE HAVE SIX AND A HALF MILLION DOLLARS WITH THE LAND VALUES THE WAY THAT THEY ARE TODAY, SIX AND A HALF MILLION MANY TIMES DOES NOT GO FAR ENOUGH.
AND IF WE ARE TALKING ABOUT GOING FOR ANOTHER TWO OR FOUR YEARS WITHOUT, WE DON'T KNOW.
I MEAN, THE NEXT BOND NOW WE ARE DISCUSSING ABOUT 2026 LAND VALUES CONTINUE TO INCREASE.
SO BETWEEN NOW AND THEN, WE MAY ACTUALLY HAVE TO, UM, STEP BACK FOR OPPORTUNITIES TO ACQUIRE CRITICAL TRAIL CONNECTIONS, FOR EXAMPLE, OR, UH, GREEN BELTS OR PRESERVES OR LAND FOR PARKS.
UM, SO THAT, I SUPPOSE THE SIX AND A HALF MILLION THAT WE HAVE, WHICH IS ALREADY PART OF THE DISCUSSIONS AND NEGOTIATIONS WE THAT WE HAVE FOR LAND, IS A VERY SMALL AMOUNT.
I UNDERSTAND THAT, BUT THE POINT AT THE TIME WAS THAT WE NEED TO BE BUYING PARKLAND RIGHT NOW.
WILL YOU, WILL THE, ARE YOU CONVINCED THAT THE SIX AND A HALF MILLION WILL BE SPENT BY 2026 WITHIN THE EIGHT YEARS? WELL BEYOND THAT, YES.
AND THAT IS ALREADY UNDER NEGOTIATION, BUT UNTIL A, AN AGREEMENT IS IN PLACE, WE CANNOT CONSIDER IT COMMITTED OR SPENT.
SO BASICALLY YOU'RE SAYING WE'RE, WE'RE IN THE PROCESS OF NEGOTIATING, WE'RE USING THIS MONEY IS NOT SPENT YET, BUT WE'RE IN THE PROCESS OF NEGOTIATING AND THE NEW OPPORTUNITY, IF IT PRESENTS ITSELF AT THIS TIME, WE'RE, WE CANNOT TAKE IT.
AND WE DO HAVE 3.2 OF THAT 6.5 MILLION THAT WE'VE ALREADY ASSIGNED, LIKE WE ALREADY HAVE VERY SPECIFIC ACQUISITIONS IN MIND FOR.
AND THERE WAS A, A MENTION EARLIER ABOUT THE, UM, THAT YOU HAD THE 13, AND THIS IS BACK ON PAGE FIVE.
YOU HAD THE 13.5 MILLION IN UNASSIGNED THAT YOU, AND AS I UNDERSTOOD WHAT YOU SAID, THAT YOU WERE USING FOR CONTINGENCIES FOR PROJECTS UNDER CONSTRUCTION AND ALSO FOR I THINK THE TERM YOU USED WAS EMERGENCIES OR UNEXPECTED, UM, BETWEEN NOW AND 2026.
SO WHAT WE HAVE SEEN, ESPECIALLY DURING THE LAST, UM, COUPLE OF YEARS AND THE SUMMERS HAVE BEEN QUITE HARSH, WE HAD, UM, SYSTEM FAILURES WITH FOR H VSCS OR, UH, URGENT, UH, ROOF REPLACEMENTS.
SO WE WANT TO MAKE SURE THAT FOR THE NEXT TWO YEARS, TWO AND A HALF YEARS FOR THE NEXT BOND APPROPRIATION, IF EVERYTHING GOES WELL, WE HAVE SOME FUNDING TO BE ABLE TO SUPPORT OUR OPERATIONS.
AND, UM, THE OTHER PART HAS TO DO WITH COST ESCALATIONS.
SO THAT'S WHERE THE LAST PORTION IS GONNA BE SPENT, HOPEFULLY WILL LAST FOR THE NEXT TWO YEARS.
ON PAGE SEVEN, YOU, YOU, THE PROJECTS THAT ARE UNDER CONSTRUCTION,
[00:25:01]
I MAY HAVE MISSED IT, BUT I DIDN'T HEAR YOU TALK ABOUT WHEN THEY WOULD BE COMPLETED.SO FOR THE LAST TWO ON THIS LIST, UM, COLONY PARK AND GIVENS, THEY SHOULD BE SUBSTANTIALLY COMPLETE IN NOVEMBER.
UM, AND THE OTHER TWO, I THINK WE'VE JUST STARTED, WE ARE GOING TO START, UM, WE ARE FINALIZING THE CONTRACT AND WE ARE GOING TO START CONSTRUCTION IN NOVEMBER FOR THE BEVERLY SHEFFIELD AND THE MONTOPOLIS POOL.
UH, THESE ARE EXPECTED TO, THE POOLS WILL REOPEN IN 26, UM, FOR THE POOL SEASON PARK SARAZA, THE BATHHOUSE IS GONNA BE, UH, SUBSTANTIALLY COMPLETE, UH, NEXT SPRING IN 2025.
AND ON PAGE 10, YOU HAVE PROJECTS THAT ARE IN THE BID PHASE, SOME IN THE CONSTRUCTION PHASE, AND ONE IN THE PRELIMINARY PHASE.
DO YOU HAVE PROJECTED COMPLETION? UM, I COULD FOR THE GIVEN AND, UH, THE MAINTENANCE BURN I CAN, UM, FOR GIVENS, WE, WE WILL START CONSTRUCTION.
I THINK THAT IS PROBABLY IT'S SIX TO EIGHT MONTHS PROJECT, UM, FOR, UH, THE MAINTENANCE BARN.
AS RACHEL MENTIONED, WE HAVE HAD UNFORTUNATE LUCK WITH OUR, UM, GENERAL CONTRACTORS AND EVEN AFTER THE CONTRACTOR, UH, WENT INTO BANKRUPTCY AND WE WENT THROUGH THE INSURANCE.
SO WE ARE NOW AGAIN, TRYING TO FIGURE OUT HOW TO DELIVER THE PROJECT AFTER WE GET A CONTRACTOR IN UNDER WILLING TO START, UH, IT WOULD PROBABLY BE ABOUT EIGHT TO 10 MONTHS BEFORE THAT PROJECT IS COMPLETED.
UM, I THINK THAT'S YOUR QUESTION.
AND THE ONE THAT'S IN THE PRELIMINARY PLACE, DAFFY, DORIS DAFFY.
I CAN SEE IF I CAN FIND THAT IN E
AND I THINK THAT RACHEL MENTIONED THAT OUT OF THE 17.5 MILLION THAT WE HAD FOR THOSE, THE MAJORITY IS ALREADY SPENT OR COMMITTED.
DO YOU HAVE THAT PERCENTAGE? UM, THIS IS ACTUALLY FOR THE, UM, 25 MILLION AND THE INFRASTRUCTURE, OH, I'M SORRY.
LET ME SEND IMPROVEMENTS INFRASTRUCTURE.
UM, 17, UH, 0.5 MILLION AND 87% OF THAT IS COMMITTED.
SO I CAN AS AN EXAMPLE THERE, ONE OF THE, UM, THE, THE ROADWAYS THAT WE HAVE DONE A LOT OF THIS PROJECTS ALREADY AND MOST OF THE FUNDING HAS ALREADY BEEN SPENT.
THE SAME GOES FOR THE CEMETERIES.
UM, AGAIN, OUT OF THE 17.5, WE BARELY HAVE A COUPLE OF MILLION LEFT FOR THE NEXT TWO YEARS.
SO THE, THE MORE GENERAL QUESTION I GUESS IS, AND MAYBE THIS IS UH, FOR STEVEN AS WELL, ARE WE GOING BACK TO DEPARTMENTS SHOWING THE, THE PROJECTED SPENDING FOR THE BOND PROPOSITION WHEN THEY WILL, WHEN THEY ESTIMATE THAT THEY WILL HAVE SPENT THE BONDS? UM, SORRY, I'M JUST TRYING TO MAKE SURE I'M CLEAR ON WHAT QUESTION IS.
I'M IN THE PAST WE'VE HAD A CHART FROM DEPARTMENTS THAT SAID, HERE'S OUR SPENDING PLAN FOR THESE BONDS AND HERE'S THE TRACK THAT WE'RE ON, AND HERE'S WHEN WE ESTIMATE HAVING COMPLETED THE SPENDING ON PROPOSITION 18.
UM, OR I, I, MY UNDERSTANDING WAS THAT WE WOULD BE INCLUDING THAT IN MM-HMM.
I'LL BE ABLE TO PROVIDE THAT, UM, FOLLOWING RACHEL'S DISCUSSION OF THE PROJECTS AT A, AT A PORTFOLIO LEVEL FOR PROPOSITION B
[00:30:01]
AND C, SORT OF WHERE THAT, UM, EIGHT YEARS WORTH OF SPENDING IS PROJECTED RIGHT NOW.SO IT WON'T BE DOWN AT, AT THIS LEVEL, YOU KNOW, THE GRANULAR PROJECT, BUT WE'LL BE ABLE TO SHOW PORTFOLIO YEAH.
IS SOMETHING THAT SHOWS OVERALL YEP.
YOU KNOW, THE BOTTOM LINE QUESTION IS IN 2026, ARE ALL THESE BONDS FUNDS GOING TO BE SPENT? I WILL, I'LL SHARE THAT WITH THE COMMISSION FOLLOWING THE PRESENTATION.
AND THEN THE, THE OTHER ONE, YOU, RACHEL, YOU MADE A MENTION OF, UH, USING SOME 2012 BONDS? YES.
UH, AND THAT IS ON THE ZILKER MAINTENANCE BOND REPLACEMENT.
UM, AND AS WE MENTIONED, IT'S JUST BEEN, UM, WE'VE HAD SOME UNFORTUNATE LUCK MM-HMM.
AND WAS THAT ALWAYS THE 2012 BOND WAS ALSO PART OF THIS? YES.
THAT PROJECT HAS BEEN IN THE WORKS FOR MORE THAN 10 YEARS.
SO IT WAS FUNDED PRIMARILY THROUGH THE 2012 BOND.
WE HAD TO SUPPLEMENT FUNDING FROM 2018 BECAUSE OF THE ESCALATION SURE.
AND I BELIEVE WE'RE EXPLORING USING THE JOB AT JOB FOR THIS, FOR THE COMPLETION OF THIS PROJECT AT THIS POINT.
UM, YOU MENTIONED, UH, WHAT I'LL CHARACTERIZE AS A CONTINGENCY FUND EARLIER FOR UNFORESEEN NEEDS OR COST OVERRUNS.
IS THAT A COMMON ELEMENT OF A BOND PLANNING PACKAGE? YES.
WHAT'S THE, WHAT IS THE, UM, HOW DO YOU FIGURE THAT? IS IT A PERCENTAGE OF THE OVERALL OR DO YOU LOOK BY HOW MANY YEARS YOU'RE LOOKING AT? NO, IN MANY CASES, UM, IT, WE HAVE TO DO IT AS WE GO.
SO WE DON'T PUT MONEY ASIDE IN ORDER TO BE ABLE TO ACCOMMODATE THAT.
BUT AS WE START WORKING ON PROJECTS AND WE GET THE COST ESTIMATES DURING DESIGN AND WE GO TO BIDS, AND SOMETIMES WE ARE SURPRISED, WE HAVE TO BE ABLE TO, UM, MAINTAIN THAT FLEXIBILITY SO THAT OUR PROJECTS BECOME ALWAYS VIABLE.
DID THE 2016 TRANSPORTATION BOND, DID THAT ALSO HAVE A CONTINGENCY FUND ASSOCIATED WITH IT? THE TRANSPORTATION? UM, NOT SPECIFICALLY AS A, UH, MINE ITEM.
GENERALLY, THE, THE TWO BUCKETS OF CONTINGENCY WE CONSIDER ARE, UM, UPFRONT IN A GENERAL SENSE THE WAY, UM, WE JUST DESCRIBED IT WHERE WE SET ASIDE A CERTAIN PORTION OF A PERCENTAGE AND THEN ONCE THE PROJECTS ARE THROUGH THE DESIGN STAGE AND WE HAVE AN ACTUAL COST AND A BID, THERE'S A MORE SPECIFIC CONTINGENCY MINE THAT'S BUILT INTO THOSE INDIVIDUAL PROJECTS.
SO WE START DRAWING DOWN FROM THE SORT OF THAT 13 MILLION OF GENERAL CONTINGENCY AND IT GOES INTO PROJECT SPECIFIC.
UM, THAT PROJECT SPECIFIC CAN BE MANAGED BY THE PROJECT MANAGER DOWN AT THE TACTICAL LEVEL, UM, AS THE PROJECT, YOU KNOW, THE, THE FIELD CONDITIONS, THINGS THAT POP UP.
SO AS PART OF THAT, THE CONTINGENCY IS INCLUDED WITHIN THE BOND, UM, TOTAL COST UPFRONT AND JUST WHERE IT'S ALLOCATED AS THE BOND MATURES CHANGES OVER TIME FROM THAT REAL BROAD GENERAL PERCENTAGE.
JUST SORT OF A WEDGE FOR UNKNOWN CONTINGENCY CHANGE IN SCOPE, THAT KIND OF THING, TO MORE OF THE SPECIFIC DEALING WITH PROJECT, UM, CONTINGENCIES, ESSAY RISE.
SO IT, IT WAS PART OF THE BOND, UM, MOBILITY BOND, JUST LIKE PART OF THE PART.
ANY OTHER QUESTIONS? ANY, ANYBODY ELSE? OKAY.
UM, SO AS YOU KNOW, UM, UH, PROPOSITION B UM, WAS ALSO, UH, PASSED IN 2018.
UM, HOWEVER, AND, AND IT WAS, UM, INTENDED TO PROVIDE FUNDING FOR, UM, VARIOUS LIBRARY BRANCHES, MUSEUM AND CULTURAL ARTS FACILITIES.
UM, THIS PROPOSITION WAS SPLIT, UM, INTO DIFFERENT DEPARTMENTS.
UM, SO OF THE TOTAL 128 MILLION PARKS RECEIVED 66.5 MILLION.
[00:35:01]
UM, WE HAVE SPENT TO DATE SIX, UM, 16.2 MILLION.AND, UM, AND 21 MILLION IS CURRENTLY ENCUMBERED BRINGING THE TOTAL COMMITTED TO 37.3 MILLION OR 56%.
UM, AND OF THE 29.2 MILLION, UM, REMAINING, A HUNDRED PERCENT OF THAT IS ASSIGNED.
UM, AND THAT IS BECAUSE THIS, UM, PROPOSITION WAS PRESCRIBED BY FACILITIES.
SO YOU'LL SEE THAT, UM, THE FACILITIES AND THE BREAKDOWN TO THE RIGHT, UM, IT WAS $27 MILLION FOR, UH, THE MEXICAN AMERICAN CULTURAL CENTER, UH, 25 MILLION FOR DOHERTY ARTS CENTER, 7.5 MILLION FOR, UH, GEORGE WASHINGTON CARVER MUSEUM AND CULTURAL GENEALOGY CENTER, AND 7 MILLION FOR THE ASIAN AMERICAN RESOURCE CENTER.
UM, AND WE WILL START WITH THE CARVER, UM, OF THAT, UH, 7.5 MILLION PARTICIPANT, 5.9 MILLION ON THE FOLLOWING PROJECTS.
WE'VE, UM, DONE RENOVATIONS THROUGH THE EXISTING FACILITY LIGHTING SECURITY, HVAC, NADA IMPROVEMENTS.
UM, THEATER IMPROVEMENTS AND RENOVATION PROJECTS ARE SUBSTANTIALLY COMPLETE.
AND, UM, THE, UM, PHASE ONE A AND ONE B, UM, FOR THE EXPANSION PLAN.
UM, COMMUNITY ENGAGEMENT AND DESIGN IS RESTARTING IN THE WINTER, UM, OF 24 AFTER EXPERIENCING SOME UNFORESEEN DELAYS, UM, WITH A PREVIOUS PROCUREMENT.
SO WE ARE AT 84% COMMITTED ON THIS PROJECT FOR THE ASIAN AMERICAN RESOURCE CENTER PHASE TWO FACILITY EXPANSION.
UM, WE ARE CURRENTLY IN DESIGN.
WE HAVE A TOTAL, UH, PROJECT BUDGET OF 7 MILLION.
AND, UM, THIS WILL BE USED TO FINISH THE FULL ARTS CENTER AND, UM, CONSTRUCTING PORTIONS OF THE SITE WITH THE CMAR UNDER CONTRACT.
UH, AND THE DESIGN TEAM WILL COMPLETE DRAWINGS FOR THE FULL PERFORMING ARTS CENTER SCOPE, UH, IN PREPARATION FOR FUTURE FUNDING.
UM, WE'LL GO TO, UM, THE MAC PHASE TWO FACILITY EXPANSION.
UM, WE ARE CURRENTLY IN CONSTRUCTION OF, UH, TOTAL PROJECT BUDGET OF 33 MILLION, UM, 6 MILLION OF THAT, THOSE FROM PLD AND OTHER SOURCES.
UM, AND THE HIGHLIGHTS OF THIS PLAN ARE NORTH AND SOUTH WINGS OF THE CRESCENT INTERIOR RENOVATIONS AND IMPROVEMENTS TO THE SOCAL, UH, COORDINATION HAS TAKEN PLACE, UM, WITH OTHER CITY PROJECTS, INCLUDING THE WALLER CREEK CONFLUENCE 64 RAINY AND THE RAINY STREET TRAILHEAD.
UM, AND, UM, A CONNECTION TO THE AE DOWNTOWN DISTRICT CHILLED WATER NETWORK.
UH, AND WE ARE 96% COMMITTED ON THIS PROJECT.
UM, AND FINALLY WE HAVE THE DOHERTY ARTS, UH, CENTER REPLACEMENT PROJECT.
UM, IT IS CURRENTLY IN DESIGN.
THE TOTAL PROJECT BUDGET IS A 28.9 MILLION, UM, WITH 4 MILLION OF THAT COMING FROM PLD AND OTHER SOURCES.
UNFORTUNATELY, WE, UM, ARE CURRENTLY AT A CONSTRUCTION COST DEFICIT OF 25 MILLION.
UM, AND, UH, THE, UM, THE HIGHLIGHTS OF THIS PROJECT ARE, YOU KNOW, UH, THAT ARE, ARE CONSTRUCTION DOCUMENTS ARE COMPLETE, UM, AND THEY WOULD PROVIDE, UM, 50,000 SQUARE FEET, UH, A BUILDING PROGRAM, UM, A BUILDING.
AND THE PROGRAM INCLUDES, UM, UH, A THEATER, BLACK BOX THEATER ARTIST GALLERY, ART STUDIOS AND YOUTH PROGRAM AREAS.
WE ARE ONLY 11% COMMITTED ON THIS PROJECT.
UM, SO DO YOU HAVE ANY QUESTIONS? DOUGHERTY? THE DOUGHERTY ART FUND, I MEAN SANGO AND I REMEMBER
[00:40:01]
WHERE WE'RE GONNA GET THE EXTRA 25 MILLION FROM THAT'S NEEDED? WE HOPE TO INCLUDE ACTUALLY THE DOHERTY ARTS CENTER IN FUTURE BONDS, SO THAT WE'LL BE ABLE TO COVER THE, THE DEFICIT AND WE CAN COMPLETE THE, THE PROJECT.SO IT'S, IT'S GONNA STAY IN THE DESIGN PHASE FOR NOW UNTIL THE ADDITIONAL MONIES ARE FOUND.
WE ARE ACTUALLY WORKING CLOSELY WITH, UH, CAPITAL DELIVERY SERVICES TO, UM, HAVE TO PUT A, IN PLACE A PLAN TO DELIVER THE PROJECTS PROBABLY IN PHASES.
SO IN THAT CASE, WE COULD PROCEED, UH, WITH, UM, THE SITE WORK AND THE SHELL CONSTRUCTION FOR THE PROJECT.
AND, UH, AS SOON AS WE HAVE THE ADDITIONAL FUNDING, WE WILL COMPLETE THE INTERIORS FINISH OUT AND THE PROJECT WILL BE READY TO BE OCCUPIED.
SO THE, SO YOU STILL HAVE A, A BUNCH TO COMMIT WITHIN THE EIGHT YEAR? YES.
OUT OF THE TOTAL FUNDING, WE HAVE ABOUT 22 MILLION, UH, LEFT THAT WE CAN, THE DESIGN NEEDS TO BE REVISED.
UH, ONE OF THE ITEMS THAT, UH, WE HAVE IN THE WORKS ORIGINALLY, WE, WE WERE, UM, UH, INSTRUCTED TO INCLUDE UNDERGROUND PARKING, UM, WHICH CREATED AN ADDITIONAL BURDEN TO THE PROJECT THAT WAS NOT, UM, FULLY PLANNED WHEN WE WENT TO THE BOND IN 2018, UM, WITH OTHER REGIONAL PLANTS.
WE ACTUALLY KNOW, KNOW NOW THAT, UH, ON TOMI ROAD RIGHT ACROSS FROM OUR SIDE, UM, THERE IS A PLANT PROJECT THAT WILL PROVIDE THE PARKING FOR THE DOHERTY ARTS CENTER.
SO IT IS, UM, PRUDENT TO REMOVE THE PARKING FROM OUR PROJECT, COMPLETE THE DESIGN, GO INTO PERMITTING, AND THEN START WITH THE CONSTRUCTION OF THE SHELL.
UM, AND THEN CONTINUE TO PHASE TWO.
UM, THIS, WE ARE AGAIN COORDINATING WITH CAPITAL DELIVERY SERVICES AND WE HOPE TO HAVE THE GREEN LIGHT, UM, WITHIN THE NEAR FUTURE.
BUT WON'T THAT THEN RESULT IN YOU HAVING SPENT MONEY? WILL YOU HAVE A PRODUCT WHEN YOU'VE SPENT THAT MONEY THAT IS USABLE, OR WILL IT BE DEPENDENT ON ANOTHER BOND ELECTION? SO WE ARE IN THE MIDDLE OF THIS, UH, DISCUSSION AND WE ARE WAITING FOR FURTHER, UM, APPROVAL ON HOW TO PROCEED.
BUT ONE POTENTIAL, UH, ROAD AHEAD OF US WOULD BE TO START CONSTRUCTION, UH, AND SEAMLESSLY, UH, GO INTO THE PHASE TWO WITH ONLY ONE MOBILIZATION AND STARTING THE CONSTRUCTION.
THAT'S ONE OF THE ADVANTAGES WILL BE TO NOT WAIT ANY LONGER TO SPEND THE FUNDING THAT WE ALREADY HAVE SO THAT WE DON'T EVEN HAVE FUTURE ESCALATIONS AND, UH, AND THEN WITH A POTENTIAL, UH, NEXT BOND TO FINISH THE PROJECT.
BUT IT, WOULD IT BE USABLE IF YOU DIDN'T GET IN THE NEXT BOND ELECTION? WE HAVE TO LOOK INTO THE DETAILS.
IT MAY BE ONLY A SMALL PORTION THAT IT'LL BE USABLE.
HOWEVER, WE DO HAVE THE PRESSURE FROM THE CONDITION OF THE EXISTING TAX CENTER, AND I DON'T KNOW IF YOU'RE FAMILIAR WITH IT.
A SIMILAR, A VERY SIMILAR QUESTION, AT LEAST IN FROM MY PERSPECTIVE.
I THINK WHAT I UNDERSTOOD YOU TO BE TALKING ABOUT ON THE ASIAN AMERICAN CENTER, UM, WAS THAT THE PLAN IS THAT THE MONEY IN THIS BOND ELECTION FOR THE ASIAN AMERICAN CENTER IS GOING TO BE SPENT FOR DESIGNING FUTURE WORK THAT WOULD BE DEPENDENT ON ANOTHER BOND ELECTION.
DID I UNDERSTAND THAT RIGHT? I THINK ALMOST, LET ME PROVIDE SOME EXPLANATION THERE.
UH, FOR THE ASIAN AMERICAN RESOURCE CENTER, WE DID NOT HAVE A FACILITY EXPANSION PLAN COMPLETED
[00:45:01]
BEFORE THE 2018 BOND.SO THE FUNDING THAT WAS REQUESTED, AND WE RECEIVED THE 7 MILLION, WE KNEW THAT IT WAS NOT SUFFICIENT TO GO INTO THE CONSTRUCTION OF THE NEXT PHASE.
UM, THE FACILITY EXPANSION PLAN WAS COMPLETED AFTER THE BOND, AND AT THAT TIME WE PROCEEDED WITH THE, UM, DESIGN, BUT WE ALSO HAD TO, UH, IDENTIFY A SCOPE THAT WE WILL BE ABLE TO DELIVER WITH THIS BOND.
SO NOW WE ARE AT THAT PHASE AND THERE IS GONNA BE A PAVILION AND SOME OUTDOOR SPACE THAT IS GONNA BE DELIVERED WITH THE REMAINING FUNDING THAT WE HAVE.
AT THE SAME TIME, WE ARE PROCEEDING WITH DESIGN AND COST ESTIMATE SO THAT WHEN WE GO TO THE NEXT BOND, WE KNOW EXACTLY WHAT WE ARE LOOKING FOR AND WE CAN BE BETTER PREPARED.
A SIMILAR SITUATION WAS WITH THE CARVER MUSEUM.
SO THE FUNDING HAS BEEN SPENT TO UPGRADE THE EXISTING FACILITY WITH SOME OF THE, UH, IMPROVEMENTS THAT WERE DEFINITELY NEEDED AND UNDERSTAND WHAT IS THE FUNDING THAT WE WOULD NEED FOR THE NEXT PHASES.
CONTRARY TO THAT, THE MAC, UM, THE MEXICAN-AMERICAN, UH, CULTURAL CENTER HAD AN APPROVED FACILITY EXPANSION PLAN.
SO THE FUNDING THAT WE REQUESTED DURING THE BOND, WHICH WAS THE 27 MILLION WITH A SLIGHT SUPPLEMENT OF SIX MORE MILLION WERE SUFFICIENT TO GET US THROUGH THE NEXT PHASE.
AND THIS UNDER CONSTRUCTION, WE WILL BE ALMOST SPENT, UH, WILL BE COMPLETELY SPENT BY NEXT SUMMER.
SO MY QUESTION IS, IS THE CITY NOW FUNDING DESIGN OUT OF BOND FUNDS? I'M SORRY, I DIDN'T.
IS THE CITY NOW AS A MATTER OF POLICY FUNDING DESIGN OUT OF BOND FUNDS FOR, FOR PROJECTS THAT THEY DON'T HAVE MONEY TO BUILD? SO ARE THEY USING BOND FUNDS TO FUND DESIGN FOR A PROJECT THEY DON'T HAVE MONEY TO BUILD, WHICH CREATES A DESIGN AND AN EXPECTATION THAT YOU THEN GO TO VOTERS AND SAY, WITHOUT APPROVING THIS ADDITIONAL BOND FUNDING, THIS MONEY THAT WE'VE SPENT WOULD BE WASTED.
SO AS WE PREPARE FOR THE NEXT BOND PROGRAM, WE HAVE TO BE REALISTIC ON WHAT WE ARE ASKING.
UM, GOING WITHOUT ANY UNDERSTANDING OF WHAT THE COST IS GOING TO BE, IT'S GOING TO GET US INTO TROUBLE.
UM, AT THE SAME TIME WHEN WE ARE DISCUSSING ABOUT DESIGN, THE DESIGN FOR THE, UH, PART OF THE, UH, PROJECT THAT IS NOT GONNA MOVE FORWARD IS NOT GOING THROUGH, UH, CONSTRUCTION DOCUMENTS AND PERMITTING.
IT STAYS INTO THE EARLY PHASES THAT WILL ALLOW US TO GET A COST ESTIMATE THAT IS REALISTIC, BUT IT'S NOT GOING TOO FAR AHEAD.
THE QUESTION IS, IS THE CITY AS A MATTER OF POLICY, GONNA PAY UPFRONT FOR DESIGN OUT OF BOND FUNDS OR OPERATING FUNDS? THE, THE SIMPLE ANSWER IS YES, BUT THE BONDS WILL INCLUDE DESIGN, UM, AS A STANDALONE ASPECT OF THE CAPITAL PROJECT.
AND IT'S, IT'S NOT UNIQUE TO PAR BY ANY MEANS.
THESE ARE ALL PART OF A LONG-TERM MASTER PLAN WHERE THAT REQUIREMENT IS IDENTIFIED AS A, A MUST DO AT SOME POINT IN THE CITY'S IN THAT ASSET'S LIFECYCLE.
SO A DELIBERATE DECISION WILL BE MADE TO PREPARE A DESIGN UPFRONT AS PART OF A PRELIMINARY STEP TO A FOLLOW ON PROJECT.
AND WE'VE, UH, OVER THE YEARS, ESPECIALLY ON THE MOBILITY SIDE, UM, USED THAT TECHNIQUE TO WORK THROUGH A LOT OF FUNDING FOR ROAD IMPROVEMENTS, OTHER, UM, RIGHT OF WAY WORK BY HAVING TO DESIGN FUNDED UP FRONT AND THEN FOLLOWING UP WITH EXECUTION DOLLARS IN A FUTURE BOND.
IT'S A DELIBERATE CHOICE AS PART OF A, THAT LONG TERM STRATEGY.
BUT AGAIN, ALL THOSE REQUIREMENTS ARE LAID OUT IN THE 20 YEAR PLAN OR, OR SOMETHING.
IT'S NOT JUST A, YOU KNOW, SORT OF TAKING UP A FLYER ON SOMETHING THAT WE MAY OR MAY NOT DO, OR, YOU KNOW, MORE PERNICIOUS SAYING, WELL, IT'S SUNK COSTS, SO THAT'S LEVERAGE TO, TO GET FUTURE DOLLARS.
IT'S PART OF A WELL LAID OUT, UM, SCHEDULED PLAN AND A DELIBERATE CHOICE.
SO THEN THE REAL ISSUE IS WHAT'S IN THAT PLAN? HOW DO PROJECTS GET IN THAT PLAN? NOT HOW DO PROJECTS GET
[00:50:01]
IN THE BOND ISSUE.SO IF I AM TO, UM, ANSWER THAT FOR THE PARKS DEPARTMENT, MM-HMM.
THEY WENT TO COUNCIL AND THEY WERE APPROVED.
SO THIS IS A PLAN THAT WE HAVE BEEN GIVEN A DIRECTIVE TO DELIVER.
UH, AND SO I'M REALLY KIND OF ASKING AS MUCH FOR THE BOND TASK FORCE AS FOR BOND OVERSIGHT.
SO PRESUMABLY WHEN THE BOND TASK FORCE SITS DOWN TO WORK, THEY'LL GET A BRIEFING ON WHAT ALL THESE PRE-APPROVED PLANS ARE THAT NEED FUNDING.
CAN I ASK A QUICK QUESTION? UM, WHEN YOU ALL SAY YOU'RE PLANNING ON BRINGING THIS FORWARD TO THE VOTERS, DO YOU MEAN THE 2026 BOND THAT Y'ALL WERE TALKING ABOUT EARLIER?
WE, WE ARE ALREADY WORKING ON THAT AND WE EXPECT THAT WITH THE BOND COLLECTION ADVISORY TASK FORCE, WE WILL HAVE SEVERAL DISCUSSIONS APPRECIATE ANYBODY ELSE.
JUST A QUICK FOLLOW UP, UH, IN REGARDS TO THE EXPANSION PLAN, WAS THE MAC EXPANSION PLAN FUNDED BY BOND DOLLARS AS WELL? YOU KNOW, SPECIFICALLY ON BOARD OR? YES.
UM, THE, THE MAC WAS, UM, WAS GIVEN 27 MILLION IN 2018 BONDS.
AND, UM, YEAH, WE, AND, AND WE HAVE, UH, COMMITTED 25.9, UM, AT THIS POINT.
BUT THE, BUT THE, THE PLANNING PORTION OF THE PROJECT PLANNING PORTION OF THE PROJECT, IS IT, I I'M NOT SURE ABOUT THAT.
THAT HAPPENED ACTUALLY BEFORE 2018, SO I'M NOT SURE WHAT THE SOURCE OF FUNDING FOR THAT, UH, PLAN WAS.
THAT WAS THE FACILITY EXPANSION GOT AND, AND IT'S, IT IS JUST GOING TO, WHAT ALTERNATIVE SOURCES ARE THERE TO, TO, TO FUND THESE TYPES OF PLANNING SCENARIOS, RIGHT.
TO, TO HAVE A MORE QUALIFIED LOOK WHEN YOU GO INTO BOND PLANNING.
UM, SO WE'RE MAKING MORE INFORMED CALLS, RIGHT.
SO FOR EXAMPLE, FOR THE TRAVINO UH, VISION PLAN FOR THE, UH, METRO PARK, THAT FUNDING WAS PROVIDED BY AUSTIN PARKS FOUNDATION.
SO THAT'S, THESE ARE OTHER SOURCES OF FUNDING THAT WE COULD, UH, USE.
UM, THE PREVIOUS, THE 2018 BOND ALSO INCLUDED ABOUT A MILLION THAT WE WERE ABLE TO SPEND TOWARDS PLANNING, UM, UM, EFFORTS.
SO AGAIN, I THINK IT IS A, A CYCLE THAT ALLOWS US TO DELIVER PROJECTS MORE EFFICIENTLY.
DOES THERE EXIST, UM, A PLAN FOR THE DOHERTY SIMILAR TO THE PLAN OR DIRECTIVE YOU TALKED ABOUT FOR THE ASIAN AMERICAN RESOURCE CENTER? YES.
AND THAT WAS AVAILABLE BEFORE 2018.
SO WHEN WE ASKED FOR THE 25 MILLION, WE HAD ALREADY THE PLAN IN PLACE AND WE WERE ANTICIPATING THAT THAT WOULD BE CLOSE TO WHAT WE NEEDED AT THAT TIME.
AND THEN COUNCIL ADDED PARKING ON TOP OF THAT LATER AND A FEW OTHER, UM, ITEMS THAT ESCALATED THE COST AND THEN PANDEMIC HAPPENED AND DELAYS HAPPENED.
AND UNFORTUNATELY WE ARE HERE IF YOU MOVE FORWARD WITH THE PATH THAT YOU HAD, UH, TALKED ABOUT EARLIER.
UM, IS PARKING ENHANCEMENT TOTALLY OUT FOR PHASE ONE? IT WOULD NEED TO WAIT UNTIL PHASE 2, 20 26 BOND DOLLARS.
THE PARKING WILL NOT BE IMPLEMENTED AT ALL BECAUSE A NEARBY BUILDING WILL ALLOW US, WHICH IS A CITY BUILDING, WILL ALLOW US TO USE THEIR PARKING SPACE.
SO THAT WILL NO LONGER BE PART OF THE PROJECT.
I JUST WANTED TO ADDRESS THE, UM, THE QUESTION COMMISSIONER CURRY HAD HAD BROUGHT UP.
UM, I APOLOGIZE FOR THE QUALITY OF MY SLIDES COMPARED TO MY COLLEAGUES
UM, I'LL JUST GO VERY BRIEFLY THROUGH THE FIRST TWO, AND THEN MY THIRD SLIDE IS A COMBINATION OF THE TWO PROPOSITIONS.
[00:55:02]
SPEND SPENDING OVER THE LIFE OF THE BOND.A REAL QUICK LOOK AT PROP C, THE, THE LARGER, UM, SIMILAR AND LET'S GO AHEAD TO THE COMBINED.
UM, THE THIRD SLIDE, AND LET ME TALK TO THIS ONE.
SO THIS IS A, JUST A COMBINATION OF THE TWO.
SO LET ME TALK THROUGH THE ELEMENTS AND TELL YOU WHY I THINK THIS IS A, A GOOD NEWS STORY OR A GOOD HEALTHY, UM, EXECUTION OF THAT BOND.
SO WE, THE CITY LIKES TO USE AN EIGHT YEAR PLANNING OR EXECUTION HORIZON FOR ITS BONDS OR HAS IN THE PAST.
UM, YOU'LL SEE HERE THAT IT'S SPREAD OUT OVER 10 YEARS, BUT, UH, BY WAY OF EXPLANATION, THE, THE FIRST YEAR, SO THIS WAS A 2018 FALL ELECTION OR BOND APPROVAL.
UM, IN GENERAL, THE FIRST YEAR FOLLOWING THAT BOND ELECTION IS REALLY A, UM, A DEVELOPMENTAL YEAR, OR IT HAS BEEN IN THE PAST WHERE, UM, A LOT OF THE SCOPES ARE FINALIZED, A LOT OF THE PLANS ARE MADE, EXECUTION METHODS ARE LAID OUT, UM, HOW WE'RE GOING TO, WE, WE NOW HAVE THE APPROVAL, WE HAVE THE DOLLARS, BUT WE ACTUALLY HAVE TO GET, UM, DOLLARS APPROPRIATED.
WE HAVE TO FIGURE OUT HOW WE'RE GONNA GO ABOUT EXECUTING THE BOND.
AND THAT IS SOMETHING THAT, UM, THOSE OF YOU THAT ARE INVOLVED WITH THE BOND DEVELOPMENT EFFORTS FOR 2026 ARE, AND PART OF THE, THE BOND EX, UM, THE BTF REALIZE THAT WE ARE TRYING TO CONDENSE, WE'RE TRYING TO DO A LOT OF HOMEWORK UP FRONT SO THAT WE CAN HIT THE GROUND RUNNING AND ELIMINATE THAT ENTIRE YEAR, ESSENTIALLY PLANNING TO DO THAT WORK UP FRONT.
SO AS SOON AS WE HAVE A, A NEW BOND ELECTION AND APPROVAL, WE CAN REALLY GET INTO BOND EXECUTION THE FOLLOWING YEAR.
UM, THAT'S PART OF OUR DEPARTMENT AND OUR CITY'S EFFORTS TO REDUCE THE EXECUTION TIME OR THE DELIVERY TIME OF OUR CAPITAL PROJECT.
SO IF WE CAN DO THAT ON THE FRONT, THAT'LL CERTAINLY HELP CONDENSE THIS TO CLOSER TO THAT EIGHT YEAR AVERAGE THAT WE'RE AIMING FOR.
AND THEN ON THE, ON THE BACKEND, UM, GENERALLY YOU'RE ALWAYS GONNA HAVE A, A YEAR LIKE YOU SEE HERE BETWEEN 27 AND 28, WHERE, UM, THERE ARE, THERE ARE GONNA BE MINOR COSTS.
SO WE'RE AT ABOUT 97, 90 8% SPENT, BUT THERE'LL BE WARRANTY ISSUES, THERE'LL BE THE CONTRACT AND ADMIN CLOSEOUT COSTS, THERE'LL BE SOME, UM, YOU KNOW, MINOR SCOPE CHANGES OR PUNCH LIST THINGS WE NEED TO GET THROUGH.
BUT IF YOU LOOK AT THE CORE EIGHT YEARS BETWEEN FY 20 AND 27, THAT'S, UM, THAT'S A PROFILE THAT WE, WE'D LIKE TO SEE.
UM, AND THE DIFFERENCE BETWEEN THE BLUE AND THE ORANGE IS PROBABLY SEEMS INTUITIVE TO Y'ALL IS EVERYTHING THROUGH FY 24 IS ACTUAL.
AND THEN FROM 24 FORWARD, WE, WE DO SHOW WHAT WE HAD PLANNED FOR 24, BUT THEN 25 THROUGH 28 ARE OUR, UM, THE NUMBERS WE HAVE IN OUR SPEND PLANS.
AND THE SPEND PLAN IS A, A COLLABORATIVE EFFORT BETWEEN, UM, IN THIS CASE THE PARKS ARE PARD, UM, BETWEEN CAPITAL DELIVERY SERVICES AND, UH, FINANCE IN PUTTING TOGETHER A REALISTIC, UM, SCHEDULE OF WHAT WE EXPECT TO SPEND IN WHICH YEAR DEPENDING ON WHERE IT SITS IN THAT, UM, CONTINUUM OF PRELIMINARY DESIGN, CONSTRUCTION AND, UH, TURNOVER.
SO THIS IS, UM, A, A HEALTHY PROFILE.
LIKE I SAID, WE NORMALLY EXPECT THAT, UM, THE COSTS ARE LOWER ON THE FRONT END AS WE WORK THROUGH THE PLANNING AND DESIGN STEPS.
UM, AS WE GET INTO TRANSITION INTO CONSTRUCTION, THEN OF COURSE SOME OF THE, THE COSTS GET HIGHER.
WHAT WOULD BE A RED FLAG FOR US IN THIS PROFILE IS TO SEE, UM, UH, A LOWER OR A, A, UM, A SLIDER CURVE THROUGH THE FIRST SIX OR SEVEN YEARS AND THEN A, A LARGE JUMP, YOU KNOW, A $50 MILLION SPIKE IN THE FINAL YEAR, UM, TO, TO US THAT WOULD SIGNAL, UH, VERY OPTIMISTIC EXPECTATIONS THAT WE CAN, YOU KNOW, HIT THE, HIT THE SWITCH AND SUDDENLY DELIVER THE PROJECT AT THE TAIL END.
SO WHAT WE'VE SEEN NOW, UM, TRACKS VERY CLOSELY WITH THE SPEND PLAN FROM LAST YEAR.
AGAIN, KIND OF A STEADY INVESTMENT, UM, BASED ON THE NUMBER OF PROJECTS GOING THROUGH THAT DESIGN THROUGH, UM, BID THROUGH CONSTRUCTION.
NOW, THERE, THERE ARE NON-CONSTRUCTION RELATED COSTS AS, UM, MY COLLEAGUES HAVE POINTED OUT SOME LAND ACQUISITIONS, THOSE TYPE OF THINGS, WHICH I IDEALLY ARE KIND OF SPREAD OUT OF COURSE OVER THE, THE LIFETIME OF, OF THAT BOND.
BUT FROM THE CONSTRUCTION STANDPOINT, THIS IS, UM, GENERALLY GOOD NEWS.
IT MEANS WE'RE ON TRACK AND WE ARE SPENDING ACCORDING TO HOW WE, WE SEE THAT EIGHT YEARS WORTH OF, UM, THE BOND PROGRAM ROLLING OUT.
SO OUR RIGHT NOW WE'RE CURRENTLY ON TRACK TO, TO ACHIEVE THAT, YOU KNOW, MAJORITY OF THE BOND, UM, WRAPPED UP AND SPENT COMPLETELY BY THE EIGHT YEAR STANDPOINT WITH JUST SOME MINOR PROJECT CLOSEOUT AT THE END.
SO, UM, HOPEFULLY THIS IS GENERAL OR COMMISSIONER CURRY, THE, THE TYPE OF THING YOU'RE LOOKING FOR THAT WE CAN, YOU KNOW, SUPPLEMENT OUR, OUR DEPARTMENTS IF, IF THEY DON'T ADDRESS IT IN
[01:00:01]
THEIR UPDATES.I, I THINK YOU'RE ABSOLUTELY CORRECT.
UM, WHAT I'VE OBSERVED SITTING ON THE OUTSIDE RATHER THAN IN MY FORMER POSITION ON THE INSIDE, UM, AND I'LL, IT'S NOT CAPITAL, BUT IN THE OPERATING FUND, UH, YOU KNOW, COUNCIL APPROVES A BUDGET IN AUGUST, UM, THE QUALITY OF LIFE COMMISSIONS HAVE TWO YEARS IN A ROW OR TWICE THIS HAS HAPPENED, COUNCIL HAS APPROVED FUNDING FOR QUALITY OF LIFE STUDIES AND NOTHING HAPPENS UNTIL SIX MONTHS INTO THE FISCAL YEAR.
AND THIS IS IN OPERATING KNOWING THAT THE QUALITY OF LIFE STUDY IS GONNA TAKE AT LEAST A YEAR TO COMPLETE.
AND PURCHASING WILL NOT TALK TO YOU ABOUT GETTING THAT PROCESS STARTED IN SEPTEMBER, EVEN THOUGH THEY KNOW IT'S BEEN APPROVED BY COUNSEL.
AND IT ENDS UP ALL OF THOSE QUALITY OF LIFE STUDIES HAVE TAKEN TWO OR THREE YEARS BEYOND THE TIME THAT THEY SHOULD HAVE TAKEN TO COMPLETE.
AND IT'S THAT FIRST PART THAT YOU'RE TALKING ABOUT ONCE IT GOES, IF IT'S A CONSTRUCTION PROJECT, ONCE IT GOES TO CONSTRUCTION, EVERYTHING NORMALLY, UNLESS YOU'RE BUILDING MOPAC AND YOU RUN INTO SURPRISE LIMESTONE IN AUSTIN, NORMALLY THINGS DO GET COMPLETED ONCE IT GOES TO CONSTRUCTION, BUT WE JUST CAN'T GET IT THERE.
AND THAT, THAT'S WHY I AM FOCUSING ON THAT OVERALL TREND OF IT'S THE FIRST PART OF A PROJECT, IT'S KILLING US ON PROJECTS.
IT LOOKS LIKE, AT LEAST FROM THE, FROM, YOU KNOW, THE BIG PICTURE IS THAT FIRST PART OF THE PROJECT THAT'S KILLING US ON GETTING PROJECTS DONE.
SO WHAT DO WE DO ABOUT THAT? CAN, CAN I ASK A QUESTION? YES, PLEASE.
UM, I WORK IN OPERATIONS FOR STATE GOVERNMENT, SO I'M JUST CURIOUS, LIKE, DO Y'ALL HAVE ANY PLANS IN PLACE TO LIKE CHANGE THE WAY THAT Y'ALL ARE TAKING A FOUR YEAR CYCLE TO PLAN OR IS THAT JUST LIKE SOMETHING THAT LIKE Y'ALL HAVE ACCEPTED AS LIKE A STANDARD PROCEDURE FOR NOW AND THERE'S CURRENTLY NO PLANS TO IMPROVE IT BECAUSE WHAT'S WORKING IS WORKING? UM, I WAS JUST KINDA CURIOUS ABOUT THAT.
ARE YOU, I GUESS DRILLING DOWN INTO THE, THE FRONT END, SOME OF THAT PLANNING AND PRELIMINARY VERSUS THE, THAT'S, THAT'S, I THINK THE POINT HE'S HITTING IS ABSOLUTELY, AND AS PART OF THE, THE CITYWIDE BOND DEVELOPMENT EFFORT THAT WE'RE IN, IN THE MIDDLE OF RIGHT NOW, AND WHAT THE B T'S GONNA BE BRIEFED SHORTLY ARE, IS GETTING SPUN UP ON.
WE ARE, WE'RE MAKING A, UM, DETERMINED CHANGE TO DO A LOT OF THAT PRELIMINARY WORK IN FFY 25 IN THE FIRST HALF OF FY 26, SO THAT WHEN WE GO TO COUNCIL, IF IN FACT WE HAVE A FY OR UH, NOVEMBER, 2026 BOND ELECTION, WE ALREADY KNOW WHAT THE EXECUTION METHOD'S GONNA BE.
WE'VE DONE PRELIMINARY ENGINEERING ESTIMATES SO WE KNOW WHAT THE COST IS GONNA BE IN THE SCOPE AND WE'VE PRIMED SOME THINGS FOR GOING THROUGH THE PERMIT PROCESS.
SO WE, WE THINK WE'RE GONNA HAVE A LOT MORE, UM, MATURE PRODUCT AND A LOT, UM, FASTER TRANSITION BETWEEN ELECTION AND APPROVAL AND EXECUTION.
SO A LOT OF THAT FIRST YEAR THAT IS SPENT DOING THAT PREP WORK IS BROUGHT UP BEFORE THE BOND.
SO THAT'S, YEAH, WE'RE AWARE OF THAT LAG AND WE'RE WORKING HARD TO SEE IF WE CAN REDUCE IT.
AND SO IT SOUNDS LIKE YOU'RE GONNA PAY FOR THAT OPERATING THAT PRELIMINARY WORK.
WELL, I MEAN THAT'S BEEN A LONGSTANDING ISSUE WITH THE CITY.
DO WE, DO WE PAY FOR BOND, THE DEVELOPMENT OF PROJECTS SO WE CAN GO TO A BOND ELECTION WITH GOOD ESTIMATES? DO WE PAY FOR THAT OUT OF BOND FUNDS OR DO WE PAY FOR THE OPERATING FUNDS? I'LL, I'LL DEFER TO MY FRIENDS IN FINANCE FOR FINAL DECISION, BUT I THINK FOR THIS FIRST CYCLE THERE MAY BE SOME, SOME OF THAT OR A MIX OF THAT, OR WE MAY BORROW AGAINST A FUTURE BOND AND REIMBURSE OURSELVES AFTER THE FACT.
BUT THEN GOING FORWARD, I THINK WE WILL PLAN IN EACH BOND TO LEAVE A WEDGE OF, UH, PREPARATORY MONEY FOR THE NEXT ONE.
IT'S A LOT OF BUREAUCRACY AND IT'S APPRECIATED.
HEY, UH, STEVEN MONET, CAPITAL BUDGET MANAGER WITH, UH, FINANCIAL SERVICES.
UM, ON THAT QUESTION OF PREPARING
[01:05:01]
FOR FUTURE BONDS, WE DID ACTUALLY PROVIDE ONE AND A QUARTER MILLION THIS YEAR, UM, FROM THE GENERAL FUND BUDGET STABILIZATION RESERVE FUND FOR CDS TO, UH, WORK ON THE 26 BOND DEVELOPMENT.SO THERE IS ONE AND A QUARTER, OTHER DEPARTMENTS HAVE THEIR OWN CASH AND OTHER SOURCES THEY'RE USING TO FUND THEIR OWN PLANS.
SO WE KNOW LIKE THE LIBRARY SYSTEM PLAN HAPPENED, PARKS HAS HAD VARIOUS PLANS DONE IN THE PAST TOO.
UM, MANY OF THOSE WERE FUNDED WITH CASH.
UM, AND THAT'S, THAT'S IDEALLY THE PRACTICES YOU'RE FUNDING WITH CASH AND NOT DEBT SINCE YOU MAY NOT HAVE AN ASSET RESULTING FROM THAT PLAN IN THE FUTURE.
OKAY, WE'RE GONNA MOVE ON TO THE NEXT ITEM,
[3. Approval of the 2025 Bond Oversight Commission Meeting Schedule ]
WHICH IS THE APPROVAL OF THE 2025 BOND OVERSIGHT COMMISSION MEETING SCHEDULE.AND UH, NICOLE, YOU WANT TO START THAT ONE OFF? OKAY, SO WE HAVE SOME PROPOSED DATES FOR, UH, 2025, UM, MEETING SCHEDULE.
WE WOULD LIKE TO TAKE INTO CONSIDERATION THAT THE COUNCIL HAS NOT SET THE YEARLY SCHEDULE EITHER, SO WE DON'T KNOW IF THERE'LL BE ANY CHANGES MADE FOR THE 2025 YEAR.
UM, THERE'S SOME DATES IN THERE TO, FOR THINGS TO THINK ABOUT.
UM, FIRST OF ALL, IN JANUARY WE HAVE THE, UH, MAYBE POTENTIAL NEED FOR RUNOFF ELECTIONS ON ANY COUNCIL SEATS MAYBE.
SO, UM, THAT I BELIEVE IN MARCH WE WANTED TO TAKE INTO CONSIDERATION THE DATE WOULD LAND ON I, UH, AUSTIN, ISD SPRING BREAK.
UM, AND THEN WE WOULD ALSO SEE IF ANYBODY WANTED TO ENTERTAIN A SUMMER BREAK IN JULY AS WELL AS A WINTER BREAK IN DECEMBER.
ANYBODY HAVE ANY QUESTIONS OR ANY COMMENTS? YEAH, I'D JUST LIKE TO SAY THAT THE WORDING OF POSSIBLE ELECTION RUNOFF IN JANUARY, JUST
UH, I, IF I COULD MAKE A COMMENT I'D, I WOULD, UH, LOVE TO CHIME IN ON THE, THE SPRING BREAK, UH, WOULD BE MUCH APPRECIATED AS WELL AS THE SUMMER AND DECEMBER BREAK.
UM, AND YOU KNOW, THOSE CAN CHANGE IF PRESSING ITEMS COME UP.
OBVIOUSLY, IF I'D LIKE TO PROPOSE THOSE, STAY IN THERE IF POSSIBLE.
ANY OTHER COMMENTS? LIKE I SAY, IT'S STILL GONNA STAY IN DRAFT MODE UNTIL WE FIND OUT THE COUNCIL'S SCHEDULE.
WHEN DO YOU NEED TO GET IT IN ORDER TO HAVE DOWN THE ROOM RESERVATION? UM, BY THE END OF, BY NEXT, UH, MEETING, HOPEFULLY WE SHOULD HAVE ALL OF THOSE DATES SOLIDIFIED.
AND WE CAN TAKE FINAL ACTION IN NOVEMBER IF NEED.
IF EVERYBODY WANTS TO JUST ENTERTAIN THIS UNTIL NEXT MONTH, WE CAN HOLD OFF LOADING ON IT.
[FUTURE AGENDA ITEMS]
ANYBODY HAVE A, AN ITEM THEY WOULD LIKE TO SEE COME UP? I DO WE KNOW WHAT THE NEXT ROTATION IS FOR THE YES SIR.WE HAVE NOVEMBER, UH, TRANSPORTATION PUBLIC WORKS.
ALRIGHT THEN, UH, THEN I THINK WE'RE UP TO ADJOURNMENT AND UNLESS THERE ARE ANY OBJECTIONS, MOTION TO ADJOURN, YOU CAN DO THAT.
GO OUT AND ENJOY THIS WONDERFUL WEATHER.