[00:00:01]
THE ROLL, PLEASE.[CALL TO ORDER]
OKAY.AND COMMISSIONER RODRIGUEZ STILL ON? HE'S THERE, BUT I DON'T KNOW.
I'LL KEEP AN EYE AND SEE IF HE TRIED.
CAN YOU HEAR US? WE'RE JUST WAITING ON COMMISSIONER RODRIGUEZ.
AND I UNDERSTAND THERE'S NO PUBLIC COMMUNICATION SIGNED UP.
[1. Approve the minutes of the Bond Oversight Commission Regular meeting on February 18, 2026.]
APPROVAL OF THE MINUTES.I HOPE EVERYBODY'S HAD A CHANCE TO LOOK AT 'EM.
AND ALL IN FAVOR, RAISE YOUR HAND OR SAY, AYE.
APPROVED UNANIMOUSLY EXCEPT FOR SANTIAGO
[2. Staff briefing regarding 2016, 2018 and 2020 Bond Program Report. Presentation by Eric Bailey, Deputy Director, Austin Capital Delivery Services.]
SO WE HAVE A STAFF BRIEFING.AND ERIC, YOU'RE GONNA DO THE HONORS ON THIS ONE? I SURE AM.
I AM THE DEPUTY DIRECTOR OF CAPITAL DELIVERY SERVICES.
UM, AND TODAY WE'RE GOING TO RUN THROUGH, UM, LET'S SEE IF I CAN, IS THERE A SPECIAL PLACE? THERE WE GO.
UH, WE'RE GONNA RUN THROUGH PAST BOND SPENDING, REALLY FOCUSED ON NON HOUSING BONDS.
UM, IT'S EASY TO GET REALLY TANGLED UP IN THE DETAILS ON THIS TOPIC.
SO WE'VE, UM, PREPARED SOME DATA VISUALIZATIONS TO HELP FOCUS THE PRESENTATION.
AND THE MAIN TAKEAWAY THAT I WANNA LEAVE YOU WITH IS THAT THERE ARE RELATIVELY FEW NUMBER OF PROJECTS THAT ARE HOLDING MOST OF THE UNSPENT BALANCE FOR THE EXISTING BOND PROGRAMS. SO WE'RE GONNA PROVIDE AN OVERVIEW OH, GOOD.
OF THOSE PROGRAMS. THANK YOU SO MUCH.
NOW THAT THE SPOTLIGHTS ARE ON, I'M READY TO GO HERE.
ERIC, DO YOU WANT QUESTIONS AS YOU GO? OR DO YOU WANNA WAIT TILL MINUTE QUESTIONS AS WE GO IS PERFECTLY FINE.
UM, SO EVERYONE'S SEEN, UH, THIS CHART IN RECENT PRESENTATIONS ON FINANCE.
IT'S IMPORTANT TO REVISIT SOME OF THESE KEY DEFINITIONS, UM, ON THE CHART AS WE MOVE FORWARD.
I THINK A LOT OF TIMES WE GET REALLY WRAPPED AROUND THE AXLE ABOUT, UM, ENCUMBRANCES AND EXPENSES AND THINGS LIKE THAT.
SO THIS IS AN OUTLAY SHOWING THE BOND PROGRAMS ALL THE WAY BACK TO 2006.
UM, YOU CAN SEE THE ONES PRIOR TO 2016 ARE PRETTY WELL SPENT OUT.
SO WE'RE GONNA FOCUS REALLY ON 16, 18, AND 20 AS A PART OF THIS PRESENTATION BECAUSE THE 2022 BOND WAS HOUSING ONLY.
UM, SO THE EXPENSES ARE REPRESENTED IN GREEN ON THIS CHART.
THOSE ARE DOLLARS OUT THE DOOR.
THINGS LIKE DESIGN, CONSULTANT WORK, CONSTRUCTION CONTRACTS, REAL ESTATE PURCHASES.
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UM, THOSE EXPENSES ARE A GREAT WAY TO MEASURE WHAT'S BEEN DONE.UM, THE NEXT SLIDE SHOW A SUMMARY OF COMPLETED AND IN PROGRESS PROJECTS FUNDED BY THOSE BOND PROGRAMS. AND THAT REPRESENTS A TOTAL COMPLETED INVESTMENT OF $865 MILLION.
UH, OBLIGATION HERE IS SHOWN IN DARK BLUE.
UH, THAT'S A KEY METRIC THAT CDS USES TO MONITOR THE MONEY THAT'S UNDER CONTRACT.
THESE ARE DOLLARS THAT ARE ENCUMBERED IN A CONTRACT AUTHORIZED BY COUNSEL THAT THE CITY HAS YET TO SPEND.
UH, IN THE CASE OF BOND PROGRAMS, OBLIGATION MOSTLY REFERS TO LARGE CONSTRUCTION CONTRACTS WHERE THE CITY'S ENTERED INTO THE AGREEMENT.
WE'VE COMMITTED THE DOLLARS, BUT THE CONTRACTOR HAS YET TO FINISH THE PROJECT AND IT'S CURRENTLY UNDERWAY AND PROGRESSING.
UM, ONE OF THE ISSUES IT'S BEEN DIFFICULT TO, FOR ME TO DEAL WITH IS YOU'RE TALKING ABOUT SPENT MM-HMM
UM, HOW DO YOU GET FROM, HOW DO YOU RECONCILE FROM SPENT TO BONDS, UH, ISSUED? WE'LL GET TO THAT IN A OKAY.
UH, ACTUALLY IN THE NEXT SLIDE, WE'LL TALK MORE ABOUT THAT.
UM, SO WHEN WE TALK ABOUT THE BALANCE, WHICH IS THE, THE LIGHT BLUE CATEGORY HERE, UM, THOSE AMOUNTS AREN'T OUT THERE JUST FLOATING FREE FOR ANY USE.
UM, ALMOST A HUNDRED PERCENT OF THE BOND PROGRAM HAS IDENTIFIED FUTURE SPENDING FOR THAT BALANCE.
UM, PROJECT MANAGERS CREATE A SPENDING PLAN IN E CAPRI FOR EACH PROJECT.
THE DETAILS, HOW MUCH MONEY IS GONNA BE SPENT ON THE PROJECT AND WHEN, AND THE, THE DATA SHOWN IN THE NEXT SLIDE SHOWS A PROJECTION OF THE SPENDING PLAN LINE.
UM, THESE ARE FUNDS THAT ARE NOT CURRENTLY SPENT, NOT CURRENTLY UNDER CONTRACT, BUT THE TEAM HAS IDENTIFIED A PLAN TO USE THESE FUNDS IN THE COMING YEARS AS A PROJECT MOVES THROUGH THE DESIGN PROCESS INTO CONSTRUCTION.
UH, HISTORICALLY, THE CITY DOESN'T MOVE FORWARD WITH PROJECT DESIGNS WITHOUT FUNDING IDENTIFIED FOR THE FUTURE CONSTRUCTION COST AS WELL.
UM, AND ONE OF THE KEY RESULTS ON THIS SLIDE THAT I REALLY WANT TO EMPHASIZE TODAY IS SINCE THE CREATION OF CDS IN 2023 TO JANUARY 8TH, 2026, WHICH IS WHEN THIS DATA WAS RUN, PROJECT SPEND HAS MORE THAN DOUBLED FROM 573 MILLION TO 1.2 BILLION AND THE AUTHORIZED, BUT UNOBLIGATED BALANCE HAS BEEN CUT IN HALF FROM 1.4 BILLION TO 599 MILLION.
THIS BASICALLY MEANS THAT THESE PROJECTS ARE MOVING FORWARD THROUGH THE DESIGN PHASE AND INTO CONSTRUCTION AS WE AWARD CONSTRUCTION CONTRACTS AND GET THESE PROJECTS DELIVERED.
THIS IS A GREAT ACCOMPLISHMENT AND WE TRACKED THIS NUMBER ON A MONTHLY BASIS AND IT'S LOOKING EVEN BETTER AS WE, UH, MOVE FORWARD THROUGH THE, UH, THE OBLIGATION AND CONTRACT AWARD.
SO, CAN I ASK HOW THAT COMPARES TO LIKE, WHAT IT LOOKED LIKE BEFORE? BEFORE CDS? YEAH.
LIKE ON A, LIKE A, LIKE ON AN ANNUAL BASIS OR SOMETHING.
'CAUSE THAT DOESN'T, IT JUST SHOWS US THAT WE'RE SPENDING A LOT OF MONEY OVER THE LAST THREE YEARS OR OBLIGATING A LOT OF MONEY, BUT, RIGHT.
LIKE, DOES IT, LIKE, IS THE RATE, I'D HAVE TO LOOK THAT UP.
AND I CAN GET, GET BACK TO YOU ON WHAT THE RATE WAS OKAY.
I'M, I'M GOING TO GUESS THAT IT'S INCREASED.
UM, YOU CAN SEE KIND OF FROM THIS GRAPH HERE, WHICH SHOWS THIS IS OVERALL NON BOND SPEND.
AND IF YOU LOOK AT PRE 2023, THAT SLOPE IS PRETTY FLAT.
UM, AND THEN IT INCREASES AS WE MOVE THROUGH.
SO, UM, GETTING TO, UM, COMMISSIONER CURRY'S QUESTION ON THE BOND ISSUANCE.
THE WAY THE CITY FUNDS PROJECTS IS WE CASH FUND PROJECTS AS THEY GO OUT.
SO WE ISSUE BONDS ABOUT ONCE A YEAR.
UM, BUT PROJECT EXPENSES ARE OBVIOUSLY ONGOING AS WE GO FORWARD.
SO ON THIS CHART, THE GREEN LINE REPRESENTS THE AUTHORIZATION, WHICH IS BASICALLY THE VOTERS SAID, YES, YOU CAN SPEND THIS MONEY.
COUNSEL HAS AUTHORIZED STAFF TO GO AHEAD AND SPEND IT.
THE BLUE LINE REPRESENTS, UH, OBLIGATION, WHICH IS THE CONTRACTUAL, UH, OBLIGATION, UM, THAT WE HAVE UNDERWAY.
THE RED LINE REPRESENTS SPEND, SO DOLLARS OUT THE DOOR AND THE GOLD LINE IS THE BOND SALES.
AND YOU CAN SEE THAT'S MORE OF A STAIR STEP KIND OF PATTERN THAT BASICALLY BRINGS THE CITY BACK TO ZERO ON A RELATIVELY REGULAR BASIS.
SO, UM, THE BOND SALES IS ACTUALLY A LAGGING INDICATOR OF WHERE WE'RE AT IN THE BOND PROGRAM.
THAT'S REALLY THE LAST PIECE FOR THE CITY IN TERMS OF HOW OUR FINANCIAL SYSTEM OPERATES, BECAUSE WE REIMBURSE OURSELVES BASED ON THE ACTUAL COSTS ZERO, THE FINANCIAL POLICY THAT HAS TO DO WITH WHEN WE HAVE BOND ELECTIONS.
IS THAT WORDED ON, UM, BONDS, UM, AUTHORIZED BUT UN ISSUED OR IT'S, IS, IT'S BASED ON BOND SALES, IS WHAT IT'S BASED ON.
SO IT'S REALLY A LAGGING INDICATOR.
AND ONE OF THE UPDATES WE'RE LOOKING TO MAKE IS SHIFT THAT.
SO IT'S ON ACTUAL EXPENSES INCURRED, UM, WHICH MAKES CHANGE THE POLICY.
YOU MEAN CHANGE THE POLICY? YEP.
THAT'S ONE OF THE THINGS THAT AUDIT FINANCE IS TALKING ABOUT, UH, UPDATING THE POLICY ON.
AND ONE OF THE THINGS THAT WE'VE BEEN IN DISCUSSION WITH FINANCIAL SERVICES ABOUT, BECAUSE, YOU KNOW, AS A GENERAL THEORY, RIGHT, YOU DON'T WANNA RUN YOUR BOND PROGRAM COMPLETELY DRY, HAVE WORK COMPLETELY STOPPED FOR SIX MONTHS TO A YEAR UNTIL YOU GET YOUR NEXT PROGRAM UP AND RUNNING.
SO YOU GOTTA FIGURE OUT A WAY TO SMOOTH THAT OUT A LITTLE BIT.
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WE DO IT, UM, BASED ON ACTUAL SPEND, IT'S A LITTLE BIT EASIER TO SEE WHERE THAT CURVE IS GONNA CROSS AND WHEN YOU NEED TO START PLANNING FOR THE NEXT BOND ELECTION.AND YOU START PLANNING ABOUT A YEAR IN ADVANCE TO KIND OF GET EVERYTHING TOGETHER, UM, TO HAVE THAT ELECTION.
AND YOU CAN SEE FROM THIS GRAPH HERE, WE'RE PROJECTING THAT 90% SPEND MILESTONE, WHICH IS AGAIN, UH, A PART OF THE DISCUSSION AROUND THE UPDATED FINANCIAL POLICIES IS ONCE WE HIT THE 90% SPEND MILESTONE IS WHEN WE SHOULD HAVE OUR NEXT BOND ELECTION.
SO THEORETICALLY, 2028 FROM A PURE FINANCIAL STANDPOINT WOULD BE WHEN WE WOULD HIT THAT 90%, UH, SPEND MARK.
SO ONE OF THE OTHER THINGS YOU'LL NOTICE FROM THIS IS THE LONG TAIL THAT'S ON THAT SPEND CURVE, UM, WHICH IS THE PURPLE LINE AS IT EXTENDS OUT.
UM, WE REACHED 90% SPEND ABOUT THREE YEARS BEFORE THE BOND FUNDS ARE FULLY EXPENDED.
UH, IT'S A RESULT OF A LOT OF FACTORS, BUT PRIMARILY DUE TO LARGER STANDALONE PROJECTS THAT HAVE A BIG CONSTRUCTION COSTS, LONGER CONSTRUCTION DURATIONS, AND TAKE A LONG TIME TO DESIGN.
SO THE ACTUAL HEAVY SPENDING DURING THE CONSTRUCTION PHASE DOESN'T TAKE PLACE UNTIL THE END OF THE PROJECT LIFECYCLE AND CAN EXTEND THAT TAIL.
UM, AND WHICH CAN LEAD TO A CASE SIMILAR TO WHAT WE FACE NOW, WHERE SOME OF THE BOND PROGRAMS THAT WE HAVE ARE AT OR NEARING COMPLETION, BUT THE OVERALL BOND SPEND, UM, ISN'T COMPLETE AND ALL OF THE DEBT HASN'T BEEN ISSUED.
UM, AND AGAIN, LIKE I MENTIONED, THAT 90% SPEND MILESTONE IS SCHEDULED FOR 2028.
SORRY, THAT'S LIKE A BEST PRACTICE FOR LIKE, ESSENTIALLY HAVING THE, THE RUNWAY TO BE ABLE TO CONTINUE TO COMPLETE, OR THAT'S A, OR THERE'S A, LIKE A, LIKE I KNOW THERE'S LIKE A BENCHMARK BY WHICH, AND THIS, THIS IS THAT BENCHMARK, THE 90% SPEND OF PREVIOUS BONDS, THE 90% SPEND IS WHAT WE'RE SHIFTING TO.
IT WAS BASED ON, I, THE EXISTING POLICY NOW THAT THEY'RE LOOKING AT UPDATING IS I THINK LESS THAN TWO YEARS OF BONDS TO BE ISSUED, UM, WHICH IS THE GOLD LINE.
AND SO YOU CAN SEE THE STAIR STEP IN THERE, AND IF YOU GET TO LESS THAN, IT'S NOT SUPER CLEAR WHAT LESS THAN TWO YEARS OF BONDS TO BE ISSUED MEANS.
THEORETICALLY, THE CITY COULD ISSUE ALL OF THE BONDS TOMORROW.
IT'S NOT A WISE FINANCIAL DECISION BECAUSE THEN YOU'RE PAYING INTEREST ON ALL THAT MONEY MM-HMM
BUT THEORETICALLY THAT COULD HAPPEN.
AND SO IF YOU TIE IT TO SOMETHING THAT'S A LITTLE, THAT'S RELATED TO SPEND, SO RELATED TO HOW THE PROJECTS ARE ACTUALLY PROGRESSING VERSUS THE FINANCIAL POLICIES OF THE CITY MM-HMM
IT ALIGNS A LITTLE BIT BETTER WITH SMOOTHING OUT THAT CURVE OF UP AND DOWN AND RAMPING UP AND RAMPING DOWN PROGRAMS AND PROJECTS AND THINGS.
I'M NOT SURE IF THAT EXACTLY ANSWERED YOUR QUESTION, BUT JUST A QUESTION ON THAT.
UM, I KNOW THAT YOU'RE ALREADY LOOKING AT GOING THAT DIRECTION.
IS THERE ANY, DO, DO YOU FORESEE ANY POSSIBILITY OF THAT TURNING INTO EVEN MORE OF KIND OF A LAGGING INDICATOR? OOPS, LAGGING INDICATOR IN THAT IF, IF YOU'RE GOING BASED OFF OF, UH, FORECAST BASED OFF EXPENDED, YOU KNOW, ACTUAL EXPENSES, ARE YOU STILL BUILDING IN THAT KIND OF PROJECTION THERE TO, UH, I, I GUESS TO MAKE SURE THAT YOU'RE, YOU ARE STILL, YOU KNOW, BUILDING IN THE, THE POSSIBILITY OF WHATEVER FUTURE, YOU KNOW, THERE IS FOR THE PROJECT IF IT CONTINUES TO GO OVER OR WHATEVER IT IS? YEAH.
THERE'S, UM, WHEN YOU LOOK AT THIS GRAPH HERE, RIGHT, YOU SEE THE PURPLE LINE IS THE PROJECTED SPEND.
AND WE'RE TRACKING THIS THROUGHOUT THE LIFE OF THE BOND CYCLE.
AND AS YOU GO, YOU CAN SEE WHETHER YOU'RE HITTING YOUR PROJECTIONS OR NOT.
AND WE ADJUST THE PROJECTIONS EVERY YEAR.
SO YOU'RE NOT GOING TO, LET'S SAY FOR EXAMPLE, WE DID A 2026 BOND.
YOU'RE NOT GONNA LOOK IN 2027 AND SAY, WELL, WHEN AM I DOING MY NEXT BOND? IT'S LIKE, WELL, YOU GOT ENOUGH MONEY, YOU'RE GONNA BE GOING FOR A WHILE.
AND AS YOU ADJUST THOSE FORWARD, YOU CAN ADJUST, THIS GRAPH ADJUSTS AS WELL.
AND YOU CAN PLAN OUT, ONCE YOU GET CLOSER TO THE END, LIKE WE ARE NOW WITH THIS, YOU CAN BE LIKE, ALL RIGHT, IT DOESN'T MAKE SENSE TO GO IN 26, 27, 28, AND YOU CAN MAKE THAT CALL AS YOU GET A LITTLE BIT CLOSER TO THE DATE AND YOU SEE THE DATA FOLLOWING THE LINE A LITTLE BIT MORE CLOSELY AS YOU GET UP THERE.
'CAUSE PROJECTS ARE GETTING INTO CONSTRUCTION, WE'RE GETTING WELL ALONG WITH ALL THE ENCUMBRANCES AND ALL THAT OTHER KIND OF STUFF WHERE WE CAN, UM, REALLY SEE MORE ACCURATELY PREDICT THE, THE END DATE AS THE BOND PROGRAM MOVES ALONG.
UH, THIS HERE IS A, UM, PROGRAM SUMMARY.
UM, IN TERMS OF PROJECTS THAT HAVE BEEN COMPLETED, WE DO INCLUDE HOUSING ON THIS ONE.
SO THE 20 16, 18 AND 20 AND 22 BONDS HAVE A TOTAL APPROPRIATION OF $2.45 BILLION AND REPRESENT OVER 1200 PROJECTS.
1.5 BILLION HAS BEEN SPENT, AND AGAIN, THIS 1.5 BILLION REPRESENTS ALL PAYMENTS IN THE PROGRAM, PRIMARILY CONSTRUCTION CONTRACTORS, ENGINEERS, ARCHITECTS, AND REAL ESTATE ACQUISITION.
AND THE BOND PROGRAM HAS COMPLETED OVER 700 PROJECTS WITH A VALUE OF 870 MILLION AND ADDITIONAL $444 MILLION THAT ARE CURRENTLY IN CONSTRUCTION.
UH, SO THIS IS JUST A REALLY IMPRESSIVE SUMMARY OF EVERYTHING THAT WE'VE COMPLETED AS A PART OF THE PAST BOND PROGRAMS AND REALLY LAYS THAT ALL OUT IN ONE GRAPH.
UM, HERE WE HAVE THE 2016 MOBILITY BOND.
UM, IT WAS A MOBILITY ONLY BOND, $720 MILLION
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WITH THREE SUBCATEGORIES.UH, THE CORRIDOR PROGRAM WAS 482 MILLION.
REGIONAL MOBILITY IS 101 MILLION, AND LOCAL MOBILITY IS 137 MILLION.
WE'LL GET INTO WHICH PROJECTS FALL INTO WHICH OF THESE BUCKETS IN THE NEXT COUPLE SLIDES, BUT I WANNA SHOW THE OVERALL MOBILITY BOND IS PROJECTED 90% SPENT IN 2028.
UH, THAT'S AGAIN, WHERE THE PURPLE LINE CROSSES THAT 90% THRESHOLD.
UM, YOU MAY SEE A SLIGHT, UH, CHANGE IN THE, IN THE SLOPE ON THE OBLIGATION IN LATE 2025.
IT'S PRETTY COMMON WHEN YOU SEE THIS BECAUSE OF THE, THERE'S A GAP IN THE COUNCIL DATES IN, UH, THE WINTER WHEN WE'RE NOT AWARDING CONTRACTS.
AND THAT'S REALLY WHERE THAT ENCUMBERS NUMBER COMES FROM.
SO, UM, THAT NUMBER WE'RE EXPECTING TO, TO, UH, INCREASE TO THE, THE DOTTED BLUE LINE.
SO NOW WE DIVE INTO THE DETAILS OF THE 16 BOND.
UM, THAT PROGRAM HAS SPENT $290 MILLION WITH AN ADDITIONAL $45 MILLION ENCUMBERED IN CONTRACTS, WHICH LEAVES 147 MILLION FOR THOSE, UH, FUTURE PLAN PROJECTS.
UH, LIST HERE SORTED BY PROJECTS WITH THE HIGHEST BALANCE.
UM, AND THAT REPRESENTS 144 MILLION OF THE REMAINING 147 MILLION.
UH, THE PROJECTS SHOWN HERE IN GREEN ARE EITHER IN CONSTRUCTION OR THE BIDS HAVE CLOSED, MEANING THAT THEY'LL SHORTLY BE OBLIGATED, UH, IN THE FULL CONSTRUCTION AMOUNT.
UM, AND THE, OR THE, UH, ASSIGNMENTS WILL BE PROVIDED TO USE THE REMAINING BALANCE.
THE PROJECTS HIGHLIGHTED IN ORANGE ARE WHAT WE CALL PARENT ACCOUNTS, AND THOSE ARE USED FOR CONTINGENCY, UM, AND RESERVES THAT WILL BE REAPPROPRIATED TO IDIQ, UH, INDEFINITE DELIVERY, INDEFINITE QUANTITY PROJECTS SIMILAR TO SIDEWALKS OR SAFE REST TO SCHOOL, THINGS LIKE THAT.
UM, ONCE ALL THE BID PROJECTS ARE CONTRACTED, AND WE HAVE THOSE CONTINGENCIES IN PLACE IN THE INDIVIDUAL CONTRACTS, AND THE PROJECTS IN YELLOW ARE EITHER CONTINGENT ON TEXT DOT ACTION FOR ADVERTISEMENT, UH, OR COORDINATION IN OUR ON TRACK TO BID THIS YEAR.
NOW YOU SEE THE PROJECTS IN PURPLE ARE THE ONES THAT MAINTAIN MOST OF THE FOCUS TO MAKE SURE THEY'RE HITTING DEADLINES AND MOVING FORWARD AND, AND AVOIDING FUTURE DELAYS.
UH, THIS METHOD OF ANALYSIS ALLOWS US TO FOCUS ON THE FEW HIGH PRIORITY PROJECTS THAT ARE HOLDING THE BULK OF THAT BALANCE AND MAKING SURE THOSE AREN'T STALLED.
UM, TWO PURPLE PROJECTS ON THIS LIST ARE THE SOUTH LAMAR BOULEVARD, UH, CORRIDOR FROM BARTON SPRINGS TO US TWO 90 AND THE NORTH LAMAR BOULEVARD CORRIDOR FROM RUNDBERG TO PALMER.
UH, SOUTH LAMAR PROJECT IS PROBABLY THE MOST COMPLICATED IN ANY OF THE CORRIDORS.
IT REQUIRES THE MOST IN-DEPTH COORDINATION, UH, OF UTILITIES PERMITTING REQUIREMENTS, BETTERMENTS REQUESTED BY, UH, AUSTIN WATER AND WATERSHED PROTECTION.
THIS PROJECT IS CURRENTLY SCHEDULED TO BID IN MID 2026.
IT'S AT A HUNDRED PERCENT DESIGN, AND THE TEAM IS WORKING THROUGH THE FINAL PERMITTING COMMENTS BEFORE ADVERTISING IT FOR BID.
UH, THE NORTH LAMAR PROJECT, WHICH IS ALSO IN PURPLE, UH, FROM BROOK TO PALMER, IS AT THE 60% DESIGN PHASE.
UH, THIS PROJECT IS FOR A NEW BRIDGE OVER WALNUT CREEK, AND THAT REQUIRES FULL DESIGN PERMITTING.
HYDRAULIC MODELING AND REVIEW, UH, RECENTLY CROSSED SEVERAL HURDLES RELATED TO THE HYDRAULIC MODEL AND THE DESIGN IS MOVING FORWARD.
UM, BUT I THINK IT'S IMPORTANT TO NOTE HERE THAT BECAUSE THIS PROJECT IS TAKING LONGER IN DESIGN, IT DOESN'T MEAN THAT WE'RE NOT WORKING ON NORTH LAMAR BOULEVARD BETWEEN RUNDBERG AND PARER.
WE'RE CURRENTLY INSTALLING SIDEWALKS AND FILLING GAPS THERE, AS WELL AS, UM, MAKING IMPORTANT SAFETY IMPROVEMENTS, UH, SIMILAR TO THE TWO PEDESTRIAN HYBRID BEACONS THAT WE HAVE CURRENTLY IN CONSTRUCTION, WHICH ARE SCHEDULED TO BE COMPLETE WITHIN THE COMING WEEKS.
SO IS THE 2016 BOND PROGRAM DESIGNED TO BE A SIX YEAR PROGRAM? IT IS DESIGNED TO BE A SIX YEAR BOND PROGRAM.
UH, ONE OF THE ISSUES WITH THE 16 BOND WAS THAT WHEN THAT WENT TO THE VOTERS FOR, UH, BOND ELECTION, THE UM, SCOPE OF THOSE PROJECTS WAS NOT VERY WELL DEFINED.
WE DIDN'T HAVE A LOT OF THE PRELIMINARY ENGINEERING, WE DIDN'T HAVE A LOT OF THE INFORMATION ABOUT WHAT THOSE PROJECTS WERE ACTUALLY GOING TO BE.
SO THEY SPENT THE FIRST SEVERAL YEARS WORKING ON THAT SAYING, WHAT IS THIS PROJECT ACTUALLY GOING TO BE? NOW WHEN CDS WAS CREATED IN 2023, THE CORRIDOR PROGRAM, WHICH WAS ITS OWN OFFICE, ACTUALLY CAME BACK TO CDS.
AND ONE OF THE THINGS WE IMMEDIATELY DID WAS HAVE A LOOK AT THAT AND SAY, WHAT IS GOING ON WITH THIS 16 BOND PROGRAM? IT'S, YOU KNOW, SEVEN YEARS LATER, AND WE HAVEN'T SPENT A WHOLE LOT OF THE MONEY.
UM, WHAT THAT LED TO WAS THE REALIZATION THAT THE SCOPES OF ALL THE PROJECTS IDENTIFIED SUMMED UP TO ABOUT $900 MILLION AND WE HAD $480 MILLION TO BUILD IT.
SO AS EVERYONE KNOWS, YOU CAN'T BUILD $900 MILLION WORTH OF STUFF FOR $480 MILLION.
SO WE PARTNERED UP WITH THE TRANSPORTATION PUBLIC WORKS DEPARTMENT TO REPRIORITIZE THOSE PROJECTS, IDENTIFY THINGS THAT WE CAN MOVE FORWARD, QUICKLY IDENTIFY WHAT THE APPROPRIATE SCOPE IS FOR THE FUNDING THAT'S AVAILABLE, AND MAKE SURE THAT ANYTHING THAT WE'RE INSTALLING NOW DOESN'T PRECLUDE ANY FUTURE INVESTMENT FOR THE OVERALL VISION OF WHATEVER THE CORRIDOR IS.
SO BASICALLY IT'S RIGHT SIZING THAT PROGRAM TO MAKE SURE THAT WE'RE DELIVERING ON ALL OF THE CORRIDORS, AT LEAST SOMETHING REALLY FOCUSING ON SAFETY IMPROVEMENTS AND PEDESTRIAN AND BICYCLE MOBILITY.
UM, BUT THEN REALLY HAVING THOSE
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HARD DISCUSSIONS ABOUT PROJECTS THAT NEED TO BE DEFERRED FOR WHATEVER REASON, OR I SHOULDN'T SAY DEFERRED PROJECTS THAT NEED TO BE PRIORITIZED OVER OTHERS TO MEET THE FUNDING THAT WE HAVE AVAILABLE.DID THE 2016, UH, BOND HAVE, UH, A CONTRACT WITH THE VOTERS THAT, UM, IT DID HAVE A CONTRACT WITH THE VOTERS THAT OUTLINED, UM, THE PROJECTS AND TIMELINES AND THINGS LIKE THAT? SO HOW DO, HOW DOES WHAT IS ACTUALLY GONNA BE BUILT BASED ON MM-HMM
YEAH, I'D HAVE TO LOOK INTO THAT A LITTLE BIT MORE OFF THE TOP OF MY HEAD.
I DON'T HAVE THE EXACT LANGUAGE OF THE CONTRACT WITH THE VOTERS, SO I'D HAVE TO DIVE INTO THAT.
BUT, UM, AT A HIGH LEVEL, THE CONTRACT WITH THE VOTERS COMMITTED TO CERTAIN CORRIDORS, BUT DIDN'T HAVE VERY SPECIFIC SCOPES ON THOSE CORRIDORS.
SO I CAN COME BACK WITH Y'ALL ON THAT AND SHOW SORT OF AN OVERALL, UM, THE OVERALL, UH, THEORETICAL DESIGN FOR THE CORRIDORS AS, UH, AND INCLUDE WHAT WE'RE ACTUALLY ABLE TO DO BASED ON THE FUNDING THAT WE HAVE AVAILABLE.
UM, AT THE TIME IN 16, IT WAS A MUCH DIFFERENT, UM, ECONOMIC TIME FOR THE CITY THAN IT IS NOW, UM, WITH THE ASSUMPTION THAT THERE WOULD BE FUTURE BOND PROGRAMS THAT COULD SUPPLEMENT AND GET US UP TO THE 900 MILLION.
OBVIOUSLY WE'RE LIVING IN A LITTLE BIT OF A DIFFERENT SPACE AT THIS TIME IN TERMS OF BOND ELECTIONS AND AVAILABLE BONDS.
SO YOU'RE FAMILIAR WITH SOME OF THE THINGS THAT THE BOND TASK FORCE HAS HEARD FROM THE PUBLIC ABOUT WE DON'T DO WHAT WE SAY WE'RE GONNA DO.
IS THAT TIED TO THIS PARTICULAR, I THINK THERE ARE SECTIONS OF THE CORRIDOR PROGRAM WHERE AS PART OF THE PUBLIC OUTREACH AND, AND GATHERING IDEAS AND CONCEPTS AND THINGS, A LOT OF THESE GRAND CONCEPTS WERE PRESENTED.
BUT AGAIN, WHEN THE PROGRAM CAME TO CDS, WE HAD TO MAKE THE VERY DIFFICULT DECISION OF LIKE, WELL, WE DON'T HAVE THE MONEY TO DO ALL OF THESE GRAND DESIGNS.
WHAT CAN WE DO THAT GETS US THE MOST EFFECTIVE SPEND FOR THAT MONEY? AND IT'S NOT IN LINE WITH THE, THE GRAND VISION THAT MAY BE OUT THERE, BUT IT ALSO DOESN'T PRECLUDE THAT FROM FUTURE FUNDING OPPORTUNITIES EITHER.
ARE THOSE THINGS THAT WE AREN'T ABLE TO DO HERE ON THE LIST BEING CONSIDERED FOR A POTENTIAL BOND ELECTION? NOW? SOME OF THEM ARE, SOME OF THEM AREN'T.
WITH THE 2026 BOND, UM, WE WENT THROUGH A NEEDS ASSESSMENT WITH ALL THE CITY STAFF DEPARTMENTS WHERE THEY IDENTIFY, UM, THE OVERALL NEED.
THAT LIST ADDED UP TO, UH, ALMOST $4 BILLION, WHICH WE OBVIOUSLY DON'T HAVE THE CAPACITY TO DO THAT EITHER.
AND SO THEN IT WENT THROUGH A PRIORITIZATION IN A, IN A RANKING.
UM, THERE ARE PROJECTS THAT, UM, ARE IDENTIFIED THAT WE DIDN'T DO THE FULL SCOPE THAT WERE ON THAT LIST THAT FELL IN THE RANKING SYSTEM SOMEWHERE.
I, IT'S A LONG LIST OF THE TRANSPORTATION PUBLIC WORKS PROJECTS.
AND SO I'D HAVE TO LOOK TO TIE EXACTLY THOSE TOGETHER TO SEE WHERE THEY RANK.
I HAVE A QUESTION YOU COULD MENTION, UH, EARLIER, AND YOU USED THE SOUTH BOULEVARD CORRIDOR AS AN EXAMPLE, THAT EVEN THOUGH THE DESIGN IS FINISHED AND IT HAS BEEN
MY QUESTION IS, UH, PRETTY SIMPLE AND, AND, AND, AND MY, WELL, MY QUESTION IS, IS THERE SOMEBODY THAT, THAT IS IN YOUR DEPARTMENT OR IS IN THE CITY SOMEWHERE THAT LOOKS AT WHAT THESE DESIGNS ARE AND SAYS, HEY, UM, THIS BID IS GOING, THIS CONTRACT IS GOING UP FOR BID, AND THEY'RE SAYING THAT THEY'RE GOING TO SHIFT THE LANES OVER, YOU KNOW, SIX INCHES, ONE FOOT, SOMETHING LIKE THAT, BUT WE JUST INSTALLED SEVERAL BLOCKS OF NEW SIDEWALKS.
IS THERE SOMEBODY THAT IS PROACTIVE IN MAKING SURE THAT THINGS DON'T GET DONE AND DUPLICATE AND TRIPLICATE WHERE WE MAKE, UH, IMPROVEMENTS AND THEN THEY, AND THEN THERE'S ANOTHER DEPARTMENT THAT'S GETTING, YOU KNOW, UM, A DESIGN DONE AND THEN THE DESIGN COMES IN AND IT JUST KIND OF LIKE, DOES EVERYTHING ALL OVER AGAIN? THERE'S A, THERE'S A DEMOLITION AND THEN A, AND THEN A REDOING.
UM, YES, WE DEFINITELY COORDINATE THOSE, THOSE EFFORTS THROUGH, UH, UH, SEVERAL DIFFERENT AREAS.
UM, I THINK THE WORK THAT'S BEEN DONE ON SOUTH LAMAR RIGHT NOW IS REALLY RELATED TO AUSTIN ENERGY, WHO'S BEEN IN THERE, UH, RE CONDUCTING THAT ENTIRE, UH, ROADWAY.
AND ONE OF THE REASONS THAT THE SOUTH LAMAR BOULEVARD PROJECT, UM, HAS BEEN, UH, DELAYED IS THAT WE NEED TO WAIT FOR AE TO COME IN AND DO ALL OF THEIR RECONDUCTORING AND, UM, DO ALL THAT WORK BEFORE WE CAN COME IN WITH THE SOUTH LAMAR BOULEVARD CORRIDOR PROJECT.
UM, TO ANSWER YOUR COORDINATION PROJECT PRO, UH, QUESTION.
THAT'S ONE OF THE THINGS THAT WE DO.
AND WE HAVE FOLKS THAT WORK ON THAT.
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WORK AS WE GO THROUGH THERE IS COORDINATED ACROSS, YOU KNOW, MULTIPLE DEPARTMENTS.IT'S, UH, AUSTIN WATER, IT'S WATERSHED, IT'S UM, UH, TPW, ALL THE DEPARTMENTS THAT HAVE WORK IN THE RIGHT OF WAY, COORDINATE THAT.
SO, REGIONAL ABILITY IS ONE OF THE OTHER BUCKETS THAT WAS IN THE, UM, 2016 BOND PROGRAM, UH, THAT HAS SPENT 74 MILLION WITH ANOTHER 12 MILLION ENCUMBERED IN CONTRACTS, UH, LEAVING $15 MILLION FOR FUTURE PROJECTS.
UH, THERE'S ONLY ONE PURPLE PROJECT IN THE 16 REGIONAL BUCKET THAT'S THE LAKELINE BOULEVARD.
UH, THIS PROJECT HAS BEEN STRUGGLING THROUGH THE 90% DESIGN PHASE UNTIL RECENTLY DUE TO PERMITTED REQUIREMENTS, UH, RELATED TO, UH, STORM WATER MANAGEMENT.
RECENTLY, WE, UM, HAD A SERIES OF SIT DOWN MEETINGS WITH WATERSHED PROTECTION AND REACHED A MUTUALLY AGREEABLE DETERMINATION ON HOW TO PERMIT THIS PROJECT AND MOVE IT FORWARD.
UM, AND THE REMAINING PROJECTS THAT ARE IN THIS BUCKET ARE EITHER IN CONSTRUCTION OR COMPLETE.
AND THEN ONCE THE BIDS ARE RECEIVED FOR THE LAKELINE, UH, PROJECT, THAT MAY BE POSSIBLE TO MOVE SOME OF THAT REMAINING 7 MILLION FROM THIS BUCKET INTO, UH, ANOTHER USE.
AND WE'LL LOOK AT THAT WHEN THE TIME COMES WITH, UH, TRANSPORTATION PUBLIC WORK SPOKES.
SO FOR, UH, LOCAL MOBILITY IN THE 2016 BOND, UH, FIRST TALKING ABOUT WHAT IS LOCAL MOBILITY, UM, THESE ARE PRIMARILY PROGRAMMATIC BUCKETS OF MONEY FOR THINGS LIKE SIDEWALKS AND SAFE ROUTES TO SCHOOL, BIKEWAYS VISION ZERO, AND NEIGHBORHOOD PARTNERING.
UM, HISTORICALLY THIS HAS BEEN A GREAT WAY TO DELIVER SIMPLE PROJECTS THAT CAN BE ENGINEERED IN THE FIELD.
UM, SO YOU DON'T NEED A FULL SET OF PLANS, UH, YOU CAN OPERATE UNDER THE CITY'S GENERAL PERMIT.
UM, FOR EXAMPLE, IF YOU WANNA INSTALL A SIDEWALK FROM POINT A TO POINT B IN A RESIDENTIAL NEIGHBORHOOD, YOU DON'T HAVE TO WORRY ABOUT UTILITY CONFLICTS.
AND THE PERMITTING COMES VIA THE GENERAL PERMIT PROCESS.
AND YOU DO WHAT'S CALLED FIELD ENGINEERING, WHERE YOU TAKE THE CITY'S STANDARD DETAILS AND SAY, I WANNA DO DETAIL A FROM POINT B TO POINT C AND JUST GO AHEAD AND DO IT.
AND WE HAVE CONTRACTORS, UH, WHO ARE AVAILABLE UNDER OUR, UM, INDEFINITE DELIVERY, INDEFINITE QUANTITY CONTRACTS TO DO THAT WORK.
UM, SO IT LOOKS LIKE WE'RE, WE'RE SORT OF AT CAPACITY WITH THIS, LIKE WE'RE VERY NEAR, AND I'M CURIOUS ON THE, ON THE SORT OF CHART THAT SHOWS LIKE US GETTING TO 90% FOR THE TOTALITY OF THE BOND SPEND, AND I THINK WE HEARD LAST MEETING FROM MOBILITY ABOUT LIKE, WHAT HAPPENS IF THEY DON'T GET MORE SIDEWALK FUNDING? AND SO CURIOUS HOW, LIKE, AM I READING IT RIGHT, THAT WE'RE GONNA RUN OUT OF THIS KIND OF FUNDING BEFORE WE REACH THE 90% THRESHOLD SO THAT WE, WE MAY NOT HAVE THE ABILITY OUTSIDE OF LIKE, NEW DEVELOPMENT OR, YOU KNOW, EASEMENTS OR SOMETHING LIKE THAT TO PRODUCE NEW SIDEWALKS IF WE DON'T DO A BOND BEFORE 2028? IS THAT, AM I READING THAT CORRECT? LIKE, YEAH, SO FOR THIS PARTICULAR BUCKET OF WORK, YEAH.
SO THIS IS SPECIFICALLY FOR THE 2016 BOND.
UM, IT'S IMPORTANT TO NOTE THAT THE LOCAL MOBILITY FUNDS ARE ALSO INVOLVED IN THE 2018 AND 2020 BOND.
SO WE'LL GET TO THAT A LITTLE BIT LATER TO SHOW THE FUNDS THAT ARE IN THERE, BUT IT IS AN ACCURATE STATEMENT TO SAY THEY ARE PRODUCING A LOT OF WORK, UM, AND THEY WILL, UM, BE AT THE END OF THAT FUNDING RELATIVELY SOON.
AND IT DEPENDS ON HOW THEY, THEY CAN RAMP UP AND RAMP DOWN AND THINGS LIKE THAT.
BUT SIDEWALKS, LOCAL MOBILITY STUFF IS ONE OF OUR MOST SUCCESSFUL PROGRAMS THAT WE HAVE IN TERMS OF THE VISIBILITY AROUND IT.
AND IT WOULD BE IMPORTANT TO MAKE SURE WHATEVER WE DO MO MOVING FORWARD THAT THERE IS FUNDING AVAILABLE TO KEEP THOSE, THOSE PROGRAMS VIABLE.
BECAUSE THE LAST THING YOU WANT TO DO IS HAVE THAT RUN OUTTA MONEY, HAVE, YOU KNOW, NO WORK FOR PEOPLE TO DO AT THE CITY, REDUCE THE WORK ON THE CONTRACTORS, HAVE THEM MOVE OFF TO OTHER THINGS, AND THEN SIX MONTHS OR A YEAR LATER COME BACK AND BE LIKE, OH, NOPE, WAIT A MINUTE.
WE NEED YOU TO, TO KICK IT BACK INTO HIGH GEAR AGAIN.
AND SO THAT'S PART OF THE, THE BOND PLANNING PROCESS.
AND ONE OF THE, ONE OF THE DETAILS AND ONE OF THE COMPLICATIONS ABOUT THE JUST SAYING 90% IS THERE ARE PROGRAMS THAT SPEND FASTER THAN OTHERS MM-HMM
AND THAT IS ONE OF THE INTRICACIES AS WE GO THROUGH THIS PROCESS, BECAUSE YOU WANNA MAKE SURE YOU'RE LOOKING AT A HOLISTIC FINANCIAL PICTURE FOR THE CITY, RIGHT.
BUT THEN ALSO TAKE INTO ACCOUNT THOSE INDIVIDUAL PROGRAMS THAT MAY HAVE SLIGHTLY DIFFERENT REQUIREMENTS AS THEY MOVE FORWARD.
UM, SO I GUESS MAYBE WE'LL GET TO LIKE THE, WHERE WE'RE AT AND AS THE TOTALITY FOR THAT SORT OF FUND YOU'RE YEAH.
FURTHER DOWN, I SHOULD, THERE'S SLIDES THAT, THAT, MY, MY OTHER QUESTION I ASKED IS LAST TIME TOO, BUT IS THERE ANYBODY AT CDS WHO IS COORDINATING WITH OUR OTHER LOCAL GOVERNMENT ENTITIES TO, UH, ENSURE SORT OF LIKE THE EFFICIENT DELIVERY OF SERVICES? AND I USE A ISD AS LIKE A, AS THE EXAMPLE LAST TIME MY CHILD GOES TO RIDGETOP
[00:30:01]
ELEMENTARY SCHOOL, THIS ONE IS MINE.OH, I THOUGHT YOU LOOKED FAMILIAR.
UM, AND WE HAVE THAT BEAUTIFUL, UH, NEW, UH, SIDEWALK OUT FRONT, WHICH IS TERRIFIC AND WILL NOT BE USED FOR SCHOOL SAFETY, UM, IN A MONTH OR TWO.
SO I'M CURIOUS AS TO, IS THERE SOMEBODY, A CDS WHO IS LIKE, LIKE WHOSE JOB IT IS TO SORT OF COORDINATE WITH OTHER ENTITIES BOTH AROUND LIKE, LIKE DELIVERY OF LIKEER LIKE SERVICES, BUT ALSO IN THE PLANNING PHASES? AND I REALIZE PLANNING IS DIFFICULT FOR A ISD AT THIS MOMENT, UM, UH, AND FOR ALL OF US, UH, WITH PUBLIC SCHOOL KIDS.
BUT, UM, YEAH, JUST CURIOUS AS TO IF THERE'S SOMEBODY IN YOUR DEPARTMENT WHOSE JOB IT IS TO SORT OF COORDINATE WITH OTHER YEAH.
I MEAN, SPECIFICALLY WHEN YOU TALK ABOUT SIDEWALKS, UM, AND REALLY SPECIFICALLY ON THE SAFE ROUTES TO SCHOOL PROGRAM.
YES, THEY COORDINATE VERY CLOSELY WITH A ISD ACROSS THE BOARD, WHETHER IT'S SIDEWALKS, WHETHER IT'S CROSSWALKS, YOU KNOW, PEDESTRIAN, HYBRID BEACONS, ALL THAT KIND OF STUFF IS COORDINATED.
CDS DOESN'T DO THAT COORDINATION REALLY, WE, UM, RELY ON THE DEPARTMENTS TO DO THAT COORDINATION, UM, OF THE PROJECTS A LOT OF TIMES IN THE PLANNING PHASES BEFORE THEY COME TO US.
OUR JOB, THE CDS ROLE IS REALLY DELIVERING ON THESE THINGS.
SO WE DON'T, WE DON'T TELL TPW HEY, YOU NEED A, A SIDEWALK ON, YOU KNOW, UH, WILLIAM CANNON, THEY COME TO US AND SAY, HEY, WE WANNA DO A SIDEWALK PROJECT ON WILLIAM CANNON, UM, OR WE WANT TO DO THIS, YOU KNOW, STREET RECONSTRUCTION.
UM, AND WE GO, GREAT, LET'S GO AHEAD AND DO THAT.
LET'S GET THE DESIGN DONE AND ALL THAT OTHER KIND OF STUFF.
BUT WE DON'T GO TO THE DEPARTMENTS AND SAY, OH, WE THINK YOU SHOULD DO THIS THERE.
THAT WE REALLY RELY ON THE DEPARTMENTS.
AND REALLY MORE SPECIFICALLY, IT'S THEIR STRATEGIC PLANS AND THINGS THAT THEY SUBMIT IN TERMS OF WHAT THEIR NEEDS ARE, UH, ACROSS THE CITY TO IDENTIFY WHAT THOSE PRIORITIES ARE AND COORDINATE WITH OTHER FOLKS.
UM, THIS IS THE 2018 BOND GRAPH.
UM, SO THE 2018 BONDED COMPREHENSIVE BOND PROGRAM THAT INCLUDED, UH, HOUSING FOR $250 MILLION DRAINAGE AT 184, TRANSPORTATION AT 160 PARKS AT 1 49 LIBRARIES AND MUSEUMS AT 1 28 PUBLIC SAFETY AT 38 HEALTH AND HUMAN SERVICES AT 16.
UM, THE GRAPH HERE REMOVES THAT HOUSING PIECE, UH, FROM THE CALCULATIONS THEY'RE DELIVERED DIFFERENTLY AND, AND ARE NOT MANAGED BY CDS.
SO WE DON'T REALLY HAVE A GREAT, UH, WINDOW IN THERE.
UM, BUT FOR THOSE HOUSING PROJECTS, RIGHT, THE CITY ENTERS INTO AGREEMENTS WITH DEVELOPERS TO BUILD INCOME RESTRICTED UNITS, UM, AS A PART OF, UH, LARGER DEVELOPMENTS AND PAYS THAT DEVELOPER TO ENSURE THOSE ARE LOCKED IN FOR LONG AFFORDABLE HOUSING.
UH, THE 2018 BOND PROGRAM IS PROJECTED TO BE 90% SPENT IN EARLY 2029.
UH, THERE ARE THREE PROPOSITIONS THAT ARE COMPLETE, UM, AND A COUPLE OF PROPOSITIONS THAT ARE LAGGING BEHIND, AND WE'LL GET INTO A LITTLE MORE DETAIL THERE, UM, AS WE MOVE FORWARD.
SO THOSE THREE, UM, YOU KNOW, COMPLETED, UH, PROPOSITIONS ARE HOUSING, UH, HEALTH AND HUMAN SERVICES AND PUBLIC SAFETY, A HUNDRED PERCENT CONTRACTED SCHEDULED TO BE FULLY SPENT THIS FISCAL YEAR.
AND ALL THE PROJECTS ARE EITHER IN CONSTRUCTION OR COMPLETE.
BUT AGAIN, IT GETS TO YOUR POINT ABOUT THERE ARE PROGRAMS THAT FINISH BEFORE THE TOTAL BOND PROGRAM FINISHES AS WELL.
SO WHEN WE'RE TALKING ABOUT, UM, THE 2018 BOND WATERSHED PROTECTION, UM, SO GREAT NEWS HERE IS THAT THAT DRAINAGE PROPOSITION IS NEARLY COMPLETELY SPENT, UH, FOR REMAINING PROJECTS THAT ARE UNDER CONTRACT AND IN CONSTRUCTION.
AND WE'RE WORKING WITH WATERSHED PROTECTION TO IDENTIFY ANY PROJECTS OR ANYTHING THEY CAN DO WITH THAT REMAINING $7 MILLION, UM, IN, IN FUNDING THERE.
AND THIS IS NOT UNCOMMON TO HAVE SOME, UH, MONEY LEFT OVER AT THE END OF A BOND PROGRAM WHERE IT'S NOT QUITE ENOUGH TO START A NEW CONSTRUCTION PROJECT.
UM, BUT IT'S MORE THAN YOU JUST WANT TO GIVE BACK TO SOMEONE AND JUST SAY, AH, WE DON'T NEED THIS MONEY.
SO SORT OF THIS END OF LIFE, UH, BOND PROGRAM THAT CAN BE AN INTERESTING PLACE WHERE WE CAN IDENTIFY OTHER PRIORITIES FOR FUNDING THINGS LIKE DESIGN OR SOME SMALLER PROJECTS THAT WE CAN DELIVER, UH, QUICKLY.
UM, WHEN WE GET INTO THE 2018 BOND FOR THE LIBRARIES, MUSEUMS, AND CULTURAL CENTERS, UM, THIS ONE IS ONE OF THE ONES THAT'S LAGGING A BIT BEHIND.
UH, SEVERAL PROJECTS IN PURPLE ON THIS LIST.
UH, DOHERTY ART CENTER, MEXICO CARTE MUSEUM AND THE ASIAN AMERICAN RESOURCE CENTER ARE THE MAIN PROJECTS HERE THAT ACCOUNT FOR 83% OF THAT OUTSTANDING BALANCE.
UH, THE DOHERTY ART CENTER HAS BEEN PUT ON HOLD, UH, WITH HOPES OF FINDING ADDITIONAL FUNDING TO DELIVER A COMPLETED PROJECT.
THE FUNDING THAT WE HAVE AVAILABLE, UH, IS NOT SUFFICIENT TO DO THAT FOR A VARIETY OF REASONS.
UH, MEXICO CARTE IS MOVING THROUGH THE DESIGN AND CONSTRUCTION MANAGER AT RISK, UH, DELIVERY.
UM, THIS PROJECT, THE ME CARTE MUSEUM, UNFORTUNATELY HAD TO TERMINATE, UM, THE ARCHITECT THAT WAS ORIGINALLY SELECTED DUE TO POOR PERFORMANCE, AND THAT CAUSED ABOUT A YEAR DELAY, UH, TO EXECUTE THE TERMINATION, HIRE A NEW ARCHITECT, GET THEM ON BOARD.
THE ASIAN AMERICAN RESOURCE CENTER, UH, HAS HAD SOME PRETTY EXTENSIVE SCOPING ISSUES TO FIT THE PROJECT WITHIN THE BUDGET THAT'S PROVIDED IN THE BOND.
UM, THE DESIGN PLANS ARE COMPLETE AND THE CONSTRUCTION MANAGER AT RISK HERE IS PROVIDING
[00:35:01]
COST OPTIONS AND THE GUARANTEED MAXIMUM PRICE TO GET THAT PROJECT.MOVING INTO THE CONSTRUCTION, UH, PHASE, UH, THE TWO LIBRARY PROJECTS IDENTIFIED ARE ON HOLD AWAITING SOME INPUT FROM, UH, A PL AS TO HOW TO PROCEED, WHERE THE PROJECT DESIGN AGAIN EXCEEDED THE AVAILABLE FUNDING, UH, THE TEAMS WORKING ON REDUCING THE SCOPE AND OR VALUE ENGINEERING TO GET THAT PROJECT TO FIT WITHIN THE EXISTING BUDGET.
UM, AND THEN THE CARVER MUSEUM, UM, IS A PROJECT THAT IS ACTUALLY NOT MANAGED BY CAPITAL DELIVERY SERVICES.
UH, PAR IS SELF-MANAGING THIS PROJECT, UM, AND THEY'RE WORKING ON EXECUTING A CONTRACT FOR THE DESIGNER.
THIS IS ONE OF THE, UM, THESE PROJECTS ON THIS LIST ARE ONE OF THE REASONS WHY WE'RE UNDERTAKING A NEW BOND DEVELOPMENT PROCESS IN 2026 WITH CVS BEING ABLE TO, UM, EVALUATE THE PROJECTS AS THEY MOVE FORWARD, MAKING SURE THAT THE SCOPE SCHEDULES AND BUDGETS ALIGN WITH REALITY.
UH, THE DOHERTY ART CENTER IS AN EXAMPLE WHERE, UH, WHEN THAT PROJECT WENT FORWARD, THE COST ESTIMATE WAS, WAS FOR THE DOHERTY ART CENTER JUST ALL BY ITSELF.
AND THEN, UH, COUNCIL MEMBERS AT THE TIME ADDED A SUBTERRANEAN PARKING GARAGE, BUT DIDN'T ADD ANY ADDITIONAL DOLLARS TO BUILD THAT PARKING GARAGE.
SO RIGHT FROM THE VERY BEGINNING, THAT PROJECT WAS ALREADY BEHIND THE EIGHT BALL IN TERMS OF WHAT ARE THEY GOING TO DO WITH $160 MILLION PROJECT, BUT ONLY $40 MILLION TO FUND IT.
AND SO WORKING THROUGH THE PROCESS THERE, BUT THEN AS THE PROJECT DRAGS ALONG, OBVIOUSLY INFLATION STARTS TO KICK IN.
WE GET, YOU KNOW, THE COVID PANDEMIC AND COST ESCALATIONS AND ALL THAT KINDA STUFF THAT WERE BEYOND THE INITIAL ESTIMATE.
SO ALTHOUGH WE'VE MOVED ON FROM THE UNDERGROUND PARKING GARAGE, FOUND OTHER PARKING SOLUTIONS THERE.
NOW JUST THE BASE BUILDING ITSELF, UH, THERE'S NOT ENOUGH MONEY THERE TO COMPLETE THE, TO FULLY COMPLETE THE BUILDING.
UM, THE 26 OR 2018 BOND RELATED TO PARKS THAT IS CURRENTLY 76% SPENT WITH ANOTHER $11 MILLION IN CONTRACTUAL OBLIGATIONS.
UM, IN HERE YOU'LL SEE SEVERAL, UH, LAND ACQUISITION FDU AND PARENT FDU.
UM, THESE BUCKETS ARE, UM, ADMINISTERED BY PART AND REALLY RELATED FOR, UM, BUILDING RENOVATIONS AND PARK IMPROVEMENTS THAT COME UP, UM, AS UNFORESEEN WHEN THEY MOVE FORWARD, UH, RELATED TO REALLY EMERGENCY REPAIRS AND THINGS LIKE THAT.
SO FOR THESE PROJECTS THAT ARE PLANNED, THE ONES IN PURPLE, UM, WALTER LONG IS SHOWING IN THE PERMITTING PHASE FOR IMPROVEMENTS THERE AND IS MOVING TOWARDS CONSTRUCTION.
AND THE UPPER, UPPER BULL CREEK GREEN BELT IS IN DESIGN, AND THOSE REPRESENT ABOUT 11% OF THAT AVAILABLE BALANCE.
SO THOSE ARE MOVING FORWARD FOR THE 2018 TRANSPORTATION BOND.
UM, THE OVERALL PROPOSITION IS 72% SPENT.
THE PRIMARY PROJECT HOLDING THE REMAINING BALANCE IS THE RED BUD TRAIL BRIDGE.
UH, THE FULL SCOPE OF THE BRIDGE REPLACEMENT PROJECT FAR EXCEEDED THE FUNDING THAT WAS AVAILABLE IN THE BOND.
UM, SO TPW AND CDS REFINED THE PROJECT SCOPE, UH, TO A STRUCTURAL RETROFIT THAT FITS WITHIN THE CURRENT FUNDING LIMITS THAT ADDRESSES THE C THE CIRCULATION ISSUES, AS WELL AS THE STRUCTURAL ISSUES ON THAT BRIDGE.
SO, UM, MOVING FORWARD WITH THAT RECOUPING, THERE MAY BE, UM, ADDITIONAL STRUCTURAL REHABILITATION BOND FUNDS THAT ARE AVAILABLE TO FUND ANOTHER PROJECT THAT'S IN THAT SAME BUCKET OF, UH, BRIDGE FUNDING ALLOCATED IN THE 2018 BOND.
NOW 2020, UH, THE 2020 BOND WAS TRANSPORTATION ONLY FOR $460 MILLION.
UH, PROJECTED 90% SPEND HERE IS IN 2028.
UH, THIS PROPOSITION INCLUDED SEVERAL CATEGORIES, INCLUDING $80 MILLION FOR SIDEWALKS, 80 MILLION FOR URBAN TRAILS, 40 MILLION FOR BIKEWAYS, 65 MILLION FOR VISION ZERO, 20 MILLION FOR SAFE ROUTES TO SCHOOL, 19 MILLION FOR LOCAL TRANSIT ENHANCEMENT, AND 53 MILLION FOR SUBSTANDARD STREETS, AS WELL AS 102 MILLION FOR MAJOR CAPITAL IMPROVEMENTS AND $1 MILLION FOR NEIGHBORHOOD PARTNERING.
UM, THIS HAS A LONGER LIST OF PROJECTS.
IT'S A LITTLE BIT, UH, UH, FURTHER, UH, BEHIND IN THE PROCESS THAN THE EIGHT 16 AND 18 BONDS ARE, UM, AT 46% SPENT.
UM, AND THE BULK OF THE REMAINING SPENDING THERE IS IN THAT MAJOR CIP BUCKET.
SO IT GETS BACK TO, UH, SIDEWALKS AND THINGS LIKE THAT WHERE THOSE PROGRAMS ARE REACHING THE END OF THEIR AVAILABLE FUNDING.
SO, UM, IN ADDITION, THERE ARE SEVERAL PARENT FDU IN THIS PROPOSITION WHERE WE'RE HOLDING THOSE FOUR CONTINGENCIES AND THINGS LIKE THAT AS THE PROJECTS MOVE FORWARD, WHICH ARE ABLE TO BE REUSED IN VARIOUS BUCKETS, UH, ONCE THE ACTUAL COSTS ARE REALIZED.
UM, THOSE LOCAL MO AS I MENTIONED, THE LOCAL MOBILITY FUNDS THAT WE DISCUSSED EARLIER ARE NEARING THEIR FULL EXPENDITURE.
UM, I CAN GET EXACT NUMBERS ON THAT AS A FOLLOW UP TO THIS IF YOU YOU'D LIKE IN TERMS OF WHEN THEY'RE PROJECTED TO RUN OUT.
AND THEN ONE MAJOR SUCCESS FROM THIS PROGRAM HAS BEEN THE LONGHORN DAM MULTIMODAL IMPROVEMENTS OR THE WISHBONE BRIDGE, WHICH RECENTLY, UH, OPENED.
UH, IF YOU'VE BEEN OUT THERE ON A SATURDAY, YOU CAN SEE HOW BUSY IT IS AND HOW GREAT THAT STRUCTURE IS AND TYING TOGETHER,
[00:40:01]
UH, BOTH SIDES OF THE TRAIL NORTH AND SOUTH NEAR THE, UM, LONGHORN DAM.SO WITH THAT, I WILL OPEN IT UP TO ANY OTHER QUESTIONS.
OH, HEY, UH, THANKS FOR THE, UH, THANKS FOR THE DETAIL HERE.
UM, I JUST HAD A QUESTION AROUND, UM, LOOKS LIKE YOU'VE ADDED SPONSOR IN MANAGING DEPARTMENT.
I COULDN'T HEAR AT THE VERY BEGINNING, SO APOLOGIES IF YOU RAN THROUGH THIS, BUT COULD YOU EXPLAIN WHY SOME PROJECTS HAVE VARIED SPONSORS IN MANAGING DEPARTMENTS AND HOW THOSE TWO GROUPS WORK TOGETHER? YEAH, SO FOR EXAMPLE, UM, I'LL, WELL, IF YOU WANNA GO BACK, UH, ON THE PRESENTATION.
SO IF YOU LOOK ON THE 2020 BOND TRANSPORTATION SLIDE, YOU'LL SEE THAT THE SPONSOR OF ALL THOSE IS LISTED AS TRANSPORTATION PUBLIC WORKS, BECAUSE THIS IS A TRANSPORTATION BOND.
SO THE SPONSOR DEPARTMENT IS THE DEPARTMENT THAT HOLDS THE FUNDING FOR THE MONEY.
UM, AND THEN THE MANAGING DEPARTMENT IS THE DEPARTMENT THAT'S RESPONSIBLE FOR, UM, DELIVERING THE PROJECT.
SO IF WE LOOK THROUGH THERE, UM, FOR EXAMPLE, UM, YOU LOOK AT THE, UH, SUBSTANDARD STREETS FOR JOHNNY MORRIS ROAD, WHICH IS SHOWN IN PURPLE, THE THE SPONSORS TPW AND THE MANAGING DEPARTMENT OF CDS.
AND THAT MEANS THAT THAT'S GENERALLY A LARGER PROJECT THAT'S DELIVERED VIA AN INVITATION FOR BID PROCESS.
THERE'S A STANDALONE DESIGN WHERE YOU NEED A DESIGN CONSULTANT TO BE ABLE TO PREPARE PLANS AND SPECIFICATIONS AND THINGS.
GENERALLY, THOSE ARE THE LARGER PROJECTS.
IF YOU LOOK AT, FOR EXAMPLE, THE, UM, BERGSTROM SPUR TRAIL, AGAIN, TPW IS THE SPONSOR.
CDS IS THE MANAGING DEPARTMENT.
UM, BUT THEN IF YOU LOOK AT THINGS LIKE SAFE ROUTES TO SCHOOL, THOSE ARE PROJECTS THAT ARE GENERALLY DELIVERABLE THROUGH, UH, FIELD ENGINEERING AND IDIQ CONTRACTS WHERE THE DOLLAR VALUES OF EACH INDIVIDUAL ASSIGNMENT ARE A LITTLE BIT LESS, IT'S A LESS TECHNICAL DELIVERY PROCESS.
USUALLY THEY'RE DONE THROUGH THE GENERAL PERMIT PROCESS.
AND TO BE PERFECTLY FRANK, THEY'RE JUST SIMPLER PROJECTS TO DELIVER.
AND SO WE DO A, THERE ARE DEPARTMENTS THAT SELF-MANAGE THEIR PROJECTS FOR EXACTLY THAT REASON WHERE THEY'RE A LITTLE BIT EASIER, A LITTLE LESS COMPLICATED, AND Y THEY'RE LOWER RISK FOR THE CITY TO BE.
SO IT LOOKS LIKE CDS IS A SPONSOR OF ONE SUB-PROJECT, THE METE MUSEUM, AND IT IS THAT JUST DUE TO THE COMPLEXITY WHERE PAR IS NOT ENGAGED AS A SPONSOR.
ONE PAR SHOULD BE, SORRY, I'M LOOKING AT THE PRESENTATION HERE.
I'M TRYING TO FIND YEAH, LIKE SLIDE 13.
I JUST DID A QUICK GLANCE JUST TO SEE WHO'S DOING WHAT.
OH YEAH, THAT, THAT, THAT SHOULD BE PAR.
THAT'S THE SPONSOR ON THAT ONE.
YOU HAD MENTIONED THIS, THAT ON AN ONGOING BASIS, UH, THE PLAN IS TO REEVALUATE PROJECTS FOR THE FUTURE BOND DEVELOPMENT.
UM, I JUST WANTED TO ASK, WHAT DOES THE, LIKE, WHAT DO THE OUTCOMES OF THAT PROCESS LOOK LIKE TO YOU? WOULD THAT BE MORE SO UC PROJECTS, LIKE AS A, AS THE CDS SEES THE PROJECT AND SAY, HEY, UM, THIS VENTURE NEEDS TO BE REEVALUATED FOR THE PLAN, OR IF IT NEEDS TO BE CANCELED OR CHANGED? OR IS IT MORE SO SAYING THAT WE, YOU KNOW, BASED ON THE PROJECTED SPEND, WE NEED TO ADJUST NOW THE NEW ASK FOR THE UPCOMING BOND? RIGHT.
YEAH, I MEAN IT'S A, IT'S A COMBINATION OF THOSE THINGS, RIGHT? UM, AND IT REALLY DEPENDS PROJECT TO PROJECT.
GENERALLY WHAT WE LOOK AT TO SEE IS PROJECTS THAT AREN'T MEETING THEIR SPENDING GOALS AND KIND OF PROJECTS THAT ARE IN TROUBLE BEHIND SCHEDULE FOR WHATEVER REASON.
AND THEN WE WORK WITH THE SPONSOR DEPARTMENTS TO SAY, OKAY, WHY IS THIS PROJECT BEHIND WHAT'S GOING ON? HOW DO WE GET IT UNSTUCK? WHICH IS REALLY A LOT OF THE PURPOSE OF THE HIGHLIGHTING IN HERE.
IT'S LIKE, WELL, THE GREEN PROJECTS ARE FINE.
THEY'RE GOING, THEY'RE IN CONSTRUCTION.
THE PURPLE PROJECTS ARE ONES THAT ARE BEHIND OR HAVE A LOT OF MONEY THAT ARE AVAILABLE.
IS IT AN ISSUE LIKE THE DOUGHERTY ART CENTER WHERE WE NEED FURTHER DIRECTION ON WHAT IT IS AND GETTING THAT FURTHER DIRECTION? OR IS IT AN ISSUE WHERE THERE'S A PROJECT THAT'S STUCK IN PERMITTING OR SOMETHING LIKE THAT WHERE WE NEED TO PROVIDE A LITTLE MORE, UM, EMPHASIS ON RESOLVING THOSE ISSUES.
AND SO BY IDENTIFYING THOSE THINGS THAT HAVE A LOT OF, UM, A LOT OF MONEY THAT'S THERE THAT HASN'T BEEN SPENT YET, WE CAN RESOLVE THOSE ISSUES AND HOPEFULLY GET THOSE PROJECTS UNSTUCK AND MOVING FORWARD.
SO WHEN WE SAY WE REEVALUATE 'EM, I THINK THE CORRIDOR PROGRAM IS A LITTLE BIT SEPARATE.
'CAUSE THAT WAS A LARGE PROGRAM THAT WE WERE NOT INVOLVED, WE WERE NOT RUNNING, AND THEN IT CAME TO US.
AND SO IT WAS LIKE, WELL, HOLD ON, WHAT'S GOING ON? BUT ON A PROJECT BY PROJECT BASIS, WE'RE DEFINITELY WORKING WITH, UM, THE PROJECT SPONSOR DEPARTMENT TO SAY, IS THIS THE RIGHT SCOPE? IS THERE ENOUGH MONEY TO FINISH THIS PROJECT? AND IF THERE'S NOT, DO WE EITHER GO BACK AND ASK FOR MORE MONEY OR DO WE CHANGE THE SCOPE TO FIT WITHIN THE ALLOWABLE BUDGET? THANK YOU.
[00:45:04]
ANY OTHER QUESTIONS? ALRIGHT, I HAVE ONE MORE I GUESS FOR THE GO.UM, IN REGARDS TO THE SIDEWALKS, RIGHT, UH, ARE WE STILL, UH, DOES THE CITY STILL HAVE THE POLICY OF THE SIDEWALK, UM, FEE IN LIEU? UM, IS THAT, UM, USE, IS THAT MONEY KIND OF GENERAL USE OR IS IT, IS IT KIND OF EARMARKED FOR THAT AREA? YEAH, I AM NOT FAMILIAR WITH, WE, I KNOW WE STILL HAVE THE FEE IN LIEU THAT WE DO, HOW THAT MONEY IS USED.
TPW WOULD BE REALLY THE, THE GROUP THAT WOULD BE ABLE TO ANSWER THAT QUESTION.
WHAT WAS THE, THE 2020 BOND, WAS THAT ALSO A SIX? LIKE THE, THE IDEA WAS A SIX YEAR? YEAH.
ALL OF THE BOND PROGRAMS THAT WE'VE HAD SO FAR WERE DEVELOPED WITH THE INTENT OF A SIX YEAR SPEND.
AND AGAIN, THAT'S ONE OF THE THINGS THAT, UM, WE'RE LOOKING AT AS PART OF THE DEVELOPMENT OF THE 26 BOND AND FUTURE BOND PROGRAMS IS, LET'S SAY WE WERE IN A DIFFERENT FINANCIAL STANDPOINT WHERE WE COULD BOND FOR $2 BILLION, RIGHT? AS STAFF, WE WOULDN'T RECOMMEND THAT.
'CAUSE WE CAN'T DELIVER $2 BILLION WORTH OF WORK IN A SIX YEAR TIMEFRAME.
SO IT JUST DOESN'T MAKE SENSE TO DO THAT.
AND YOU GET INTO A POINT WHERE YOU'VE ISSUED A LOT OF DEBT, BUT YOU'RE NOT, YOU DON'T HAVE THE ABILITY TO SPEND THAT DEBT IN A TIMELY MANNER AND IT ENDS UP, UM, YOU KNOW, AFFECTING YOUR DEBT RATING AND ALL KINDS OF OTHER IMPACTS FROM DOING THAT.
AND SO WHAT WE LIKE TO DO IS REALLY FOCUS ON RIGHT SIZING WHAT THOSE BOND PROGRAMS LOOK LIKE SO THAT THE PROJECTS THAT ARE IN THAT BOND ARE DELIVERABLE IN THAT TIMEFRAME.
NOW, WHEN YOU'RE TALKING ABOUT PROGRAMMATIC STUFF LIKE SIDEWALKS AND THINGS, IT'S A LITTLE BIT EASIER TO DELIVER THOSE IN THAT TIMEFRAME.
'CAUSE THERE'S NOT THE ENGINEERING AND PERMITTING THAT GOES INTO THAT.
BUT INVARIABLY THERE ARE LARGE PROJECTS THAT GO INTO BOND PROGRAMS. AND BEING ABLE TO HAVE THOSE WITH A DEFINED SCOPE WHERE WE KNOW WHAT THE PROJECT IS GOING TO BE AND BE ABLE TO REALLY DELIVER THOSE WITHIN, UM, THAT SIX YEAR TIMEFRAME IS REALLY KEY IN TERMS OF EVALUATING WHICH PROJECTS MOVE FORWARD FOR RECOMMENDATION AND OTHERS.
AND OF COURSE, I STILL TRIED TO BREAK YOUR CODE ON THE COLOR
THE GREEN IS GOOD, PURPLE'S BAD IS, YOU KNOW, AND THERE YOU GO.
[3. Discussion of 2016, 2018 and 2020 Bond Program Report.]
OKAY, NOW WE'LL OPEN IT UP FOR DISCUSSION ON THE BOND PROGRAM REPORT ITSELF.WHAT'D Y'ALL THINK? HE'S OFF TO ANOTHER MEETING.
YEAH, I I THOUGHT THAT THE LEVEL OF DETAIL WAS, WAS OUTSTANDING.
I THINK IT, IT WAS A GOOD REVIEW OF HISTORY
BUT IT SEEMS TO BE BETTER ON TRACK THAN IT WAS BEFORE.
BUT CAN WE GO ON TO THE DISCUSSION OF THE CURRENT STATUS REPORT? OH, YEAH.
SO, UM, SOMETIME THIS YEAR, I THINK ABOUT THE MIDDLE OF THE YEAR, UM, THE BUDGET OFFICE BEGAN, INCLUDING, I THINK BEGAN AS FAR AS I KNOW, THEY BEGAN IN INCLUDING, UH, CIP AND BOND UPDATE IN THEIR QUARTERLY FINANCIAL REPORT TO COUNSEL, WHICH IS WHERE THIS DOCUMENT COMES FROM.
THIS DOCUMENT IS, UM, USEFUL IN A LOT OF WAYS FOR THIS PARTICULAR, FOR THE BOND OVERSIGHT COMMISSION.
ONE OF THE PROBLEMS IS THIS INCLUDES NOT JUST GENERAL OBLIGATION BONDS, BUT REVENUE BONDS.
SO I WENT THROUGH THE, THROUGH THIS AND TO THE BEST OF MY ABILITY, TRIED TO SEPARATE OUT GENERAL OBLIGATION, WHICH IS WHAT WE'RE CONCERNED WITH FROM THE REVENUE BONDS.
UH, IN DOING THAT, UH, THERE WAS, THERE'S ONE ON THE LIST THAT IS JUST A COMPLETELY, TO ME, AN ANOMALY.
[00:50:01]
HAD A SPENDING PLAN OF 18.6 MILLION AND SPENT 184 MILLION.AND THERE'S NO EXPLANATION IN THE HIGHLIGHTS OF THAT, SO I JUST KINDA THREW THAT OUT OF THE ANALYSIS.
BUT, UM, THE BEST OF MY ABILITY, IT LOOKS TO ME LIKE, AND THERE'S 807 MILLION IN SPENDING PLAN FOR GENERAL OBLIGATION, UH, BONDS.
AND OF THAT 546 MILLION WAS ACTUALLY SPENT THIS YEAR, WHICH MEANS THAT THIS YEAR WE SPENT 67% OF WHAT WE PLANNED TO SPEND BEEN.
NOW, AS I UNDERSTAND THE WHOLE PROCESS, WHEN WE HAVE A NEW BOND ELECTION AND THE BOND ELECTION PASSES, THE FIRST, THE NEXT STEP IN THE PROCESS IS TO DIVIDE THAT UP INTO THE SIX YEARS, UH, IN WHICH THAT BOND IS SUPPOSED TO BE COMPLETE.
AND, YOU KNOW, CONSTRUCT A SPENDING PLAN FOR THOSE SIX YEARS.
WHAT THAT MEANS IS THAT WHEN YOU FALL BEHIND ON THAT SPENDING PLAN, YOU'RE FALLING BEHIND IN TOTAL ON WHETHER THAT BOND IS GONNA GET SPENT IN SIX YEARS.
AND THAT'S IF WHEN YOU DO THAT, THEN YOU CREATE THE LOG JAM OF HOW YOU'RE GONNA HAVE AN EX BOND ELECTION, IF YOU'RE BEHIND THEM SPENDING THE BONDS THAT YOU'VE ALREADY GOT AUTHORIZED.
IT SEEMS TO ME THAT THIS INFORMATION COULD BE USEFUL TO THE BOND OVERSIGHT, UH, COMMISSION IN TERMS OF LOOKING AT THE DEPARTMENTS WHO ARE OBVIOUSLY HAVING TROUBLE MEETING THEIR SPENDING PLAN AS WE PLAN, AS THE BOND OVERSIGHT COMMISSION PLANS THEIR WORK FOR THE YEAR, UH, IT SEEMS LIKE WE SHOULD FOCUS ON THOSE DEPARTMENTS THAT HAVE INDICATED THEY'RE HAVING TROUBLE KEEPING UP WITH THEIR SPENDING PLAN.
UM, AND IN DOING SO, I, TO ME, THE VALUE WOULD BE, AND ERIC MENTIONED THIS IN FINDING OUT WHAT THE RECURRING BARRIERS ARE.
SO IT'S NOT SO MUCH LOOKING AT INDIVIDUAL PROJECTS, IT'S LOOKING AT ARE A NUMBER OF, ARE THESE THE DEPARTMENTS THAT ARE FALLING BEHIND, FINDING OUT FROM THEM WHAT IS, WHAT'S CAUSING THE DELAY? MM-HMM
IS IT DESIGN ISSUES? IS IT PERMITTING ISSUES? IS IT GETTING THROUGH PURCHASING, IS IT CONTRACTING? AND WHERE THERE ARE CONSISTENT KINDS OF DELAYS AFFECTING MULTIPLE PROJECTS, THEN THAT'S WHERE WE COULD BE OF SERVICE TO THE COUNCIL TO POINT OUT WHAT SEEMS TO BE THE LARGER SCOPE OF PROBLEMS THAT'S CONTRIBUTING TO THE, TO THE DELAY.
NOW, TO THE BEST OF MY KNOWLEDGE, I DON'T KNOW THAT THE SPENDING PLAN IS UPDATED DURING THE YEAR.
THERE'S A PAR THERE'S APPARENTLY A QUARTERLY REPORT, BUT THE OPERATING FUND, IN CONTRAST WITH THE CAPITAL BUDGET, THE OPERATING FUND, UM, THERE'S AN UPDATE ON A MONTHLY BASIS OF BOTH REVENUE AND EXPENDITURES.
AND A QUARTERLY BASIS THERE'S A BRIEFING FOR COUNCIL.
AND THE EXPECTATION FOR THOSE ESTIMATES ON THE OPERATING FUND IS CHANGES QUARTERLY.
SO AT THE END OF THE FIRST QUARTER, YOU DON'T HAVE AS MUCH OF EXPECTATION FOR ACCURACY AT YEAR END AS YOU DO AT THE END OF THE THIRD QUARTER.
BUT ALL OF THOSE EXPECTATIONS, AT LEAST WHEN I WAS HERE, WERE IN EXCESS OF 95%.
WHY DO WE OPERATE, WHY DO WE HAVE AN OPERATING FUND WITH A 95% EXPECTATION ON ACCURACY AND A CAPITAL FUND THAT'S HITTING 68%?
[00:55:03]
GOOD QUESTION.I, IT SEEMS TO ME THAT PART OF THE ISSUE IS THAT WE HAVE NOT FOCUSED ON UPDATING THE SPENDING PLAN, UH, YOU KNOW, ON A MORE PERIODIC BASIS TO IDENTIFY PROJECTS THAT ARE IN TROUBLE.
SO WE COULD CREATE THE, SO WE COULD SOLVE THE PROBLEM BEFORE LOOKING AT IT AT YEAR END AND FINDING OUT THAT WE ONLY SPENT 68% OF OUR SPENDING PLAN.
COMMISSIONER CURRY, IN YOUR ESTIMATION, DO YOU BELIEVE, I MEAN, I, WHEN I ASKED ABOUT THE SOUTH LAMAR CORRIDOR, AND I BROUGHT UP THIS HYPOTHETICAL, UM, THE GENTLEMAN THAT WAS PRESENTING, IT'S, THERE WAS AT LEAST FOUR, UM, PERMITTING ENTITIES THAT, THAT HE MENTIONED THAT THEY, THEY WERE WAITING ON.
IN YOUR ESTIMATION, UM, YOU KNOW, IN ORDER TO EXPEDITE THE EXPENDITURE OF THIS, THESE, THESE BONDS, DO YOU THINK THAT IF THERE WERE SOME SORT OF PERMIT, EX, EX EXPEDITING, UH, INTERNAL, UH, CLIENT OR SOMETHING INSIDE OF THE, THE CITY OF AUSTIN ACROSS ALL DEPARTMENTS, WOULD THAT HELP OUT? WOULD JUST CUTTING PERMITTING REQUIREMENTS SOMEHOW HELP? BECAUSE, YOU KNOW, WE, WE, AT LEAST IN MY LINE OF WORK, YOU KNOW, THERE'S THE TRIANGLE OF IMPOSSIBILITY CHEAP, FAST.
WELL, HERE YOU CAN SEE ME SO THE COMPUTER DOESN'T CUT ME OUT, BUT CHEAP, FAST AND GOOD RIGHT THEN.
SO YOU CAN HAVE TWO, BUT YOU CAN'T HAVE THREE.
RIGHT? BUT WHEN WE ADD THE ELEMENT OF TIME, AND ESPECIALLY INFLATION, RIGHT? YOU GET SOMETHING GOOD AND YOU GET SOMETHING, UH, FAST, WELL THAT WINDS UP BEING CHEAP IN THE LONG RUN BECAUSE YOU DON'T HAVE INFLATION EATING AWAY AT YOU OVER THE NEXT 10 YEARS.
WE'RE LOOKING AT A 2016 BOND RIGHT HERE, YOU KNOW, ADDING TO THE COSTS.
SO IN YOUR ESTIMATION, WOULD A REDUCTION OF THE PERMITTING PROCESS OR AN EXPEDITING OF IT AND THE STUDIES, ET CETERA, HELP OUT TO ACHIEVE? I THINK THE PROBLEM IS WE DON'T KNOW THE, THE, THE DIFFERENCE BETWEEN THE SPENDING PLAN FOR GENERAL OBLIGATION BONDS LAST YEAR AND WHAT WAS SPENT IS OVER $250 MILLION.
AND WE DON'T KNOW FROM LOOKING AT THIS, HOW MUCH OF THAT WAS PERMITTING ISSUES, HOW MUCH WAS DESIGN ISSUES MM-HMM
UH, YOU KNOW, THERE IS ANOTHER PAGE OF HIGHLIGHTS OR TAKEAWAYS THAT, YOU KNOW, IN TWO SENTENCES TRIES TO SUMMARIZE WHAT THE ISSUE WAS.
BUT THERE'S NOT ENOUGH DETAIL THERE TO SAY, YOU KNOW, YOU'RE RIGHT HERE'S PERMITTING WAS THE ISSUE, OR, UM, DESIGN WAS THE ISSUE, OR IT TOOK TOO LONG TO GET TO PUR PURCHASING, OR MAYBE IT JUST TOOK TOO LONG TO GET ON THE COUNCIL AGENDA.
WE, THERE ARE ALL THESE STEPS IN THE PROCESS AND MULTIPLE PROJECTS, AND WE DON'T KNOW HOW MANY OF THOSE ARE, WE DON'T KNOW FROM THE INFORMATION HERE.
SOMEONE MAY KNOW, WE DON'T KNOW WHAT, WHAT, WHICH ONES OF THOSE STEPS WERE THE BIGGEST PROBLEM.
I HAVE LOTS OF QUESTIONS THAT I, SOMEBODY'S RELATIVELY NEW.
SO IS THE, THE 25 SPENDING PLAN IS APPROVED BY COUNCIL? YES.
AND I'M SORRY, THE, AS IT IS PART OF THE CIP, WHICH HAS FIVE YEARS OF SPENDING PLAN.
AND THAT'S ONE OF THE YEARS OF THE SPENDING PLAN.
SO IT'S, SO THIS IS LIKE DETERMINED LIKE FIVE, LIKE WITH THE, LIKE FIVE YEARS AGO.
IT'S NOT ANNUALLY UPDATED TO REFLECT.
IT IS, IT IS ANNUALLY UPDATED, ANNUALLY UPDATED, RIGHT.
I MEAN, I UNDERSTAND IAND THAT IT'S LIKE PART OF A SUPPOSED SIX YEAR SPENDING PLAN, BUT IT IS LIKE ADJUSTED AS ON AN ANNUAL BASIS TO HIT WHATEVER NUMBER WE NEED TO HIT IN THE OR, OR WHAT THE DEPARTMENT BELIEVES THEY'LL BE SPENDING THROUGH THE BONDS.
I MEAN, I THINK IT WOULD BE VERY HELPFUL FOR US TO BE ABLE TO GET AT LEAST A DISAGGREGATED LIKE REVENUE BOND AND GENERAL OBLIGATION BOND, LIKE, LIKE RUNDOWN OF THIS.
AND IF WE COULD DO IT ON A QUARTERLY BASIS, IT SEEMS LIKE THAT WOULD REALLY HELP US AND THAT.
[01:00:01]
I GUESS MY OTHER QUESTION IS IT, IS IT CDS THAT PRODUCES THIS AND CAN WE, CAN WE ASK THEM FOR THAT? SO, CDS PRODUCES THE REPORT THAT YOU WERE JUST PRESENTED, RIGHT? BUT THE, THIS IS FSD, SO, BUT, UH, THERE'S NO REASON YOU CAN'T GET BOTH TO, TO MAKE AN, A FULLY INFORMED DECISION.THIS TELLS KIND OF A LONGER TERM PICTURE AND GETS YOU MORE PROJECT DETAILS.
THIS IS THAT SNAPSHOT OF THE ANNUAL SPEND PLAN.
IT'S ONCE A YEAR, LIKE YOU SAID, UH, COMMISSIONER CURRY, BUT, SO IT'S, IT'S CURRENTLY, IT'S CURRENTLY NOT UPDATED ON A MONTHLY OR A QUARTERLY BASIS.
UH, UH, ANNUAL BASELINE IS ESTABLISHED AND THAT'S WHAT HELPS PUT TOGETHER THE BUDGET FOR THAT YEAR.
AND THEN THE REPORTS LIKE YOU SEE HERE ARE PROGRESS REPORTS.
HOW IS THE CITY MEETING OR NOT MEETING THAT TARGET? AND THEN IT'S UPDATED AGAIN THE FOLLOWING YEAR ON THAT ROLLING FIVE YEAR CYCLE.
BUT ISN'T THIS UPDATED QUARTERLY? THE REPORT IS THAT THE ACTUAL'S AGAINST THE PLAN, BUT THE PLAN IS NOT CHANGED.
QUARTERLY THAT WOULD LEAD TO WHAT I KNOW IS THE CONCERN OF THIS COMMISSION OF CHANGING BASELINES AS WE GO.
BECAUSE THIS IS ALL BASED ON THE END OF SEPTEMBER, WHICH IS THE END OF THE FISCAL YEAR.
SO NOW WE'RE IN Q WHAT THREE FOR THE CITY.
AND SO COULD WE GET LIKE A Q3 LIKE UPDATE ON THE 26TH SPENDING PLAN? LIKE, LIKE THAT DOES FEEL LIKE IT WOULD BE HELPFUL TO FIGURE OUT LIKE WHAT DEPARTMENTS WE SHOULD BE ASKING TO COME SPEAK TO US ABOUT, YOU KNOW, BUT TO MY KNOWLEDGE, I, AND I, YOU KNOW, I, I'M NOT FULLY INFORMED, BUT I THINK THIS IS NEW THIS YEAR.
I DON'T THINK THIS INFORMATION HAS BEEN AVAILABLE IN PREVIOUS YEARS, BUT I MAY BE WRONG.
UM, SO, BUT I BELIEVE THE INTENTION IS THAT IT WILL NOW BE AVAILABLE ON A QUARTERLY BASIS, OR IT HAS BEEN, UH, STARTING THIS PAST YEAR.
BUT FINANCIAL, WE COULD ASK, THOSE ARE QUESTIONS WE NEED TO ASK FINANCIAL SERVICES TO.
AND THE OTHER, THE OTHER POSSIBILITY IS, UM, WHAT IS THE SOURCE OF THIS INFORMATION? UH, BECAUSE THE, THE, SO THE SOURCE THAT IT'S TAKEN FROM, WE MAY BE ABLE TO MANIPULATE AND SEPARATE GENERAL OBLIGATION AND REVENUE.
WE MAY BE ABLE TO, UH, YOU KNOW, USE THAT SOURCE TO DO OTHER THINGS.
BUT, SO I DON'T KNOW WHAT THE, I'M GUESSING IT'S E CAPRI, BUT I, I DON'T, YEAH, I, I KNOW YOU WERE ATTEMPTING TO GET TINA TO, TO JOIN US.
I THINK THIS IS DEFINITELY, UM, SOMETHING THAT WE CAN TRY TO TRACK DOWN FOR A FUTURE SESSION TO HAVE THE SAME TYPE OF, UM, PRESENTATION WE HAD ON THE, THE, FROM THE PROJECT SIDE, BUT FROM THE FINANCE SIDE AND, UM, DIG INTO THIS A LITTLE BIT MORE AND SEE IF, IF WE COULD GET A, UM, BATTLE RHYTHM GOING OF THIS AND THIS ON A QUARTERLY, UH, RECURRING UPDATE, I THINK THAT'D BE A GREAT TOOL FOR THIS GROUP.
SO I, I THINK WE CAN TAKE THAT AS AN ACTION TO SEE IF, IF WE CAN'T GET THAT AND DIG INTO THE SOURCE DATA AND ALL THAT KIND OF STUFF, THAT WOULD BE GREAT.
YEAH, THAT, THAT, THAT WAS PURPOSE OF ASKING, I GOT A LOT OF QUESTIONS ABOUT THIS, UH, TO INCLUDE THIS IN THE DISCUSSION WAS TO SAY, THIS MAY OFFER US A NEW TOOL THAT WE CAN USE AND WE NEED TO, TO EXPLORE IT.
IT IT, AS WE'VE GONE THROUGH THIS YEAR AND THERE'S BEEN SO MUCH EMPHASIS ON WHEN WE CAN HAVE THE NEXT BOND ELECTION, THERE'VE BEEN SEVERAL THINGS THAT I WAS NOT AWARE OF, BUT OBVIOUSLY TREASURY REGULARLY IS DOING THEIR OWN, IS DOING AN ESTIMATE OF WHERE WE'RE GONNA BE ON THE SPENDING PLAN.
UH, BECAUSE THEY'VE GOTTA CONSIDER WHAT, UM, REIMBURSEMENT RESOLUTION THEY NEED TO PUT IN THE, YOU KNOW, IN THE NEXT BUDGET.
SO THERE ARE, BESIDES CAPITAL SERVICE DELIVERY, THERE ARE OTHER PEOPLE WHO ARE ALSO INVOLVED IN THIS.
AND, UH, FROM OUR PERSPECTIVE, IT'S GETTING THE OVERVIEW FROM ALL OF THOSE PEOPLE, UM, AND NOT JUST ON A PROJECT BY PROJECT.
HOW IS THE PROJECT GOING ALONG? OKAY, SO WE HAVE A, A RECURRING ITEM.
SO THIS, THE REPORT THAT WAS SHARED WITH YOU EARLIER THIS AFTERNOON
[01:05:01]
WAS AT THE REQUEST OF COUNSEL, UM, AT, AS PART OF THE 2026 BOND DEVELOPMENT CONVERSATIONS COUNCIL AND MAYOR SAID, HEY, HOW ARE WE, WHAT ABOUT THOSE PREVIOUS BONDS? HOW ARE WE DOING? SO THIS REPORT WAS DEVELOPED TO INFORM THAT AUDIENCE AND IT'S BEEN SHARED WITH THEM.SO THIS IS GONNA BE OUT THERE REGARDLESS.
SO IT WOULD SEEM LIKE A GOOD MOVE TO SHARE IT WITH THE COMMISSION ON A QUARTERLY BASIS AS IT'S UPDATED.
SO WE CAN TAKE THIS AS A GIVEN AND OKAY.
START PRESENTING THAT ON THAT QUARTERLY UPDATE.
THIS ONE I THINK WE NEED TO GET WITH OUR FINANCIAL SERVICES PARTNERS AND ASK FOR THAT SAME TYPE OF UPDATE AND SEE IF WE CAN'T GET THAT AND MAYBE THEY'RE OFFSET, MAYBE YOU CAN GET ONE ONE MONTH AND ONE THE NEXT MONTH.
AND OVER THE COURSE OF THE YEAR, THAT STARTS GIVING A CLEARER PICTURE OF WHERE WE ARE.
ESPECIALLY IF WE CAN WEED OUT THE GEO GENERAL OBLIGATION BOX.
AND IT IS A BELIEF THAT THE FINANCIAL SERVICES MAY BE A TYPO OR
'CAUSE EVEN IF ON THE FIVE YEAR BACK THAT'S, OH, 10 TIMES, I, I CAN'T SPEAK TO THAT
THIS WAS THE FIRST I SAW, BUT I WOULD LIKE TO KNOW HOW FINANCIAL SERVICES SPENT.
986%
I FEEL LIKE IT MIGHT BE A DECIMAL SHIFT, BUT I DUNNO.
ANYTHING ELSE? ANY OTHER QUESTIONS? I, I THINK JUST ONE MORE NOTE TO ADD ON JUST THIS REPORT.
IF WE ARE TALKING ABOUT ANY CHANGES FOR THE FUTURE, IT WOULD PROBABLY BE GOOD TO ADD AGAIN, JUST A LITTLE BIT OF CONTEXT AS TO WHAT WE EXPECT THAT TOTAL TO BE.
BUT JUST AS FAR AS LIKE, UH, AUSTIN ENERGY BEING 104% OF THE PLAN, ARE THEY STILL EXPECTING TO, YOU KNOW, CONTINUE TO GO PAST THAT? WE ALREADY KNOW THE PLAN'S, YOU KNOW, BEEN OVERSPENT.
WHAT DOES THE TOTAL NOW LOOK LIKE? BUT JUST, UH, ONE MORE NOTE ON THAT.
I I, I THINK IN RESPONSE TO, AS I UNDERSTAND YOUR QUESTION, THIS IS, UM, WHAT YOU'LL SEE IN THAT LAST COLUMN IS SPENT TO DATE.
SO THIS IS THE FOURTH QUARTER, SO THIS IS, YOU KNOW, THE, THE END OF THE YEAR.
SO THIS IS WHAT WE PLAN TO SPEND.
THIS IS WHAT WE DID SPEND FOR THE LAST YEAR.
BUT WHAT THEY DON'T HAVE, UM, THAT THE OPERATING FUND HAS ON A MONTHLY BASIS IS THE CURRENT YEAR ESTIMATE.
AND THAT'S THE, THAT'S THE PIECE THAT IN THE OPERATING FUND IS EXPECTED TO BE, UH, IN THE FOUR, IN THE THIRD QUARTER, 99% ACCURATE TO WHAT THE ACTUAL YEAR END TOTAL WILL BE.
AND THERE IS NO CURRENT YEAR ESTIMATE IN THIS FORMAT.
[4. Discussion on the 2026 Bond Election Advisory Task Force recent meeting items.]
I THINK WE CAN MOVE ON TO THE, UH, DISCUSSION OF THE BOND ADVISORY TASK FORCE.YOU AND I WAS NOT ABLE TO MEET, MAKE THE LAST MEETING, SO I'LL ASK JC IF HE WOULD GIVE THE REPORT.
HAPPY TO PROVIDE A QUICK UPDATE.
BOND TASK FORCE IS INCH CHIN SLOWLY TOWARDS OUR GOAL.
UM, WE DO PLAN TO HAVE OUR FINAL RECOMMENDATION VOTED OUT MAY 4TH, WHICH LEAVES US TWO MORE MEETINGS.
UM, ALTHOUGH THE PACE AT WHICH OUR LAST MEETING WENT ON MONDAY SUGGESTS WE MAY NEED ONE OR TWO ADDITIONAL MEETINGS TO FINISH THAT UP.
UM, THAT SAID, WE DO HOPE TO HAVE THAT FULL RECOMMENDATION TO CITY COUNCIL BY THE END OF MAY AND, UM, IT MIGHT MAKE SENSE FOR THIS COMMISSION TO CONSIDER LOOKING AT THAT AND POTENTIALLY OFFERING, YOU KNOW, EITHER A STATEMENT OF SUPPORT OR OPPOSITION OR SOME COMMENT, UM, ON THE RECOMMENDATION.
BASED ON THE REPORTS THAT WE'VE BEEN GETTING HERE.
UM, MAYBE IN OUR JUNE MEETING, THE, UM, CONVERSATION IN THE TASK FORCE RIGHT NOW HAS REACHED THE POINT WHERE ALL OF THE WORKING GROUPS HAVE ESSENTIALLY CONCLUDED THEIR DELIBERATIONS.
THE, UM, WORKING GROUPS BASICALLY DIVIDED THE ENTIRE GEO BOND PACKAGE INTO FIVE DIFFERENT BUCKETS, UH, HOUSING PARKS AND OPEN SPACE FACILITIES, TRANSPORTATION, ELECTRIFICATION, AND STORM WATER.
AND THOSE GROUPS HAVE COME UP WITH, UM, ESSENTIALLY A LIST OF RECOMMENDATIONS OF PRIORITIZATION EXERCISE BASED ON WHETHER
[01:10:01]
THEIR, IF THEIR BUCKET WAS TO RECEIVE 15% OF THE TOTAL AMOUNT AVAILABLE, UM, WHICH WE ARE PUTTING AT 750 MILLION IF IT WAS TO RECEIVE 20% OR IF IT WAS TO RECEIVE 25%.AND THE GOAL OF THAT EXERCISE WAS ESSENTIALLY TO GET THE WORKING GROUPS TO DO THEIR HOMEWORK AND IDENTIFY SORT OF WHERE THEY WOULD CUT OR PLUS UP, UM, WHERE THEY GIVEN THE OPPORTUNITY.
THE LAST MEETING WE TOOK THE 20% SORT OF STRAW MAN, UM, VERSION OF THE, THE RECOMMENDATION WHERE EACH WORKING GROUP WOULD RECEIVE 20% OF THE TOTAL AND DISCUSSED THOSE PRIORITIES.
THE WORKING GROUP MEMBERS GOT TO EXPLAIN HOW THEY GOT WHERE THEY GOT TO AND WE WENT AROUND THE ROOM AND EVERYONE GOT TO GRIND THEIR OWN X UM, ON SPECIFIC ITEMS AS WELL AS GENERAL, GENERAL ITEMS. UM, SOME OF THE GENERAL DISCUSSION WAS AROUND, UH, THE PACE AT WHICH WE ARE CURRENTLY SPENDING AFFORDABLE HOUSING MONEY AND WHETHER NEW MONEY IS NEEDED, UM, FOR THE NEXT BOND CYCLE.
AND THE, UM, CONSENSUS SEEMED TO BE THAT IT IS AND IT WAS, UH, IT IS, IT IS NEEDED.
UH, THERE WAS DISCUSSION AROUND WHETHER WITH THE CONSTRUCTION OF ANY NEW FACILITIES, WE ARE ESSENTIALLY, UM, CHAINING THE CITY TO ADDITIONAL M AND L COSTS IN THE FUTURE YEARS AS IN TERMS OF ADDITIONAL STAFF ASSOCIATED WITH RUNNING THOSE FACILITIES.
AND WE WERE ASSURED BY CITY STAFF THAT THE PROJECTS THAT HAD, UH, REACHED OUR RADAR WERE PROPERLY SCOPED FOR THAT.
UM, OR THAT THE FUTURE NEEDS STEPPING NEEDS WERE TOO UN UNDETERMINED TO KNOW WHETHER OR NOT, YOU KNOW, THAT WOULD BECOME AN ISSUE.
UM, THERE WAS ALSO SOME ADDITION, UM, SOME DISCUSSION OF WHETHER THERE WERE SOME FEE PROGRAMS THAT COULD PAY FOR SOME OF THESE ITEMS, UM, INSTEAD OF BOND MONEY.
AND YOU KNOW, THE, THAT DEPENDS ON THE BUCKET.
YOU MAY KNOW THAT THE, UH, CITY, I BELIEVE IS BEING SUED BY THE TEXAS PUBLIC POLICY FOUNDATION FOR A ROADS FEE THAT WE CURRENTLY USE TO PATCH POTHOLES AND THAT KIND OF THING.
AND SO THERE WAS SOME CONCERN AROUND THOSE PROGRAMS AND WHETHER THOSE NUMBERS COULD BENU THOSE FEES COULD BE USED TO PAY FOR SOME OF THE THINGS THAT WE'RE CONSIDERING OR WHETHER WE MAY HAVE ADDITIONAL NEEDS THAT WE MAY NEED TO COVER WITH THE BOND PROGRAM IF FEE PROGRAMS AREN'T ABLE TO.
UM, SO THOSE WERE THE GENERAL DISCUSSIONS AND LIKE I SAID, AT THIS POINT WE ARE STILL SORT OF TALKING THROUGH THE STRAWMAN VERSION OF THIS.
I EXPECT IN THE NEXT TWO MEETINGS WE'LL GET DOWN TO BRASS TACKS IN TERMS OF AMENDMENTS AND TRADE-OFFS, AGAIN, WITH THE HOPE OF, OF FULL RECOMMENDATION BY PROBABLY, I WOULD GUESS, MID-MAY AT THIS POINT.
[5. Conduct officer elections for the Chair and Vice Chair. ]
SO WE, WE READY TO GO TO ELECTIONS? YES, SIR.DO WE HAVE ANY NOMINATIONS FOR, DO WE DO VICE VERSA OR PRESIDENT FIRST? OKAY.
ANYBODY WANNA DO THE, ANYBODY UP FOR NOMINATIONS FOR THE CHAIR? I WOULD NOMINATE OUR CURRENT CHAIR FOR ANOTHER TERM IF YOU'RE WILLING TO SERVE.
ALL IN FAVOR? RAISE YOUR HAND OR SAY AYE.
AYE, YOU STUCK WITH ME FOR ANOTHER YEAR.
SO VICE CHAIR, DO WE HAVE ANY NOMINATIONS FOR THE VICE CHAIR? I, I KNOW I'VE ALREADY GOT THE ANSWER, BUT I ASKED CHARLES ABOUT THIS BEFORE THE MEETING IF HE WANTED TO SERVE FOR ANOTHER YEAR, BUT HE INDICATED HE'D RATHER NOT.
YEAH, I, I HAVE SOME MEDICAL ISSUES AND NOT SURE THAT I'LL BE ABLE TO MAKE ALL THE MEETINGS, UH, WOULD NOT WANNA SERVE.
SO DO WE HAVE ANY OTHER NOMINATIONS FOR THE VICE CHAIR? I'LL ASK THE QUESTION IF ANYBODY HAS ANY INTEREST IN BECOMING VICE CHAIR
SO COMMISSIONER ES HAS AGREED TO RUN, IF UH, SOMEBODY WILL NOMINATE IT, PLEASE.
I WILL NOMINATE CAN I WILL SECOND.
[01:15:01]
FOR COMMISSIONER DIAZ TO BE THE VICE CHAIR.CONGRATS, HUH? YEAH, I GUESS I SHOULD TELL YOU, I, I, I WON'T BE HERE.
I WON'T BE HERE FOR THE NEXT MEETING.
YEAH, I'VE GOT A, WE'LL BE ON A RIVER CRUISE AND I KNOW WE WON'T BE IN A SECURE NETWORK.
[FUTURE AGENDA ITEMS]
DO WE HAVE A DATE FOR THE NEXT MEETING? IT'S UH, THE 20TH I BELIEVE.SO LET ME DOUBLE CHECK MY CALENDAR.
I WILL ALSO BE OUT THAT, UH, OKAY.
SO I DON'T KNOW IF WE NEED TO DO A QUORUM CHECK OR NOT.
UM, I'LL WAIT TILL A LITTLE BIT CLOSER.
THANK YOU FOR LETTING ME KNOW.
AND WE'VE ALREADY GOT OUR FUTURE ITEMS TAKEN CARE OF, SO WE WE'RE BEHIND THAT.
SO UNLESS THERE ARE ANY OBJECTIONS, I THINK WE'LL WE CAN ADJOURN THIS MEETING.