[00:00:01]
IT THIS WAY. BUT THEN I FELT LIKE I'M ON. WHAT DOES IT MATTER NOW? GOOD EVENING, EVERYONE. THE
[1. Call to order; Pledge of Allegiance; Establishment of Quorum]
SPECIAL CITY COUNCIL MEETING FOR THE TOWN OF HORIZON CITY IS NOW IN SESSION. PLEASE RISE AND RECITE THE PLEDGE OF ALLEGIANCE. PLEASE I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA. AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. AGAIN, GOOD EVENING EVERYONE. IT'S NICE TO SEE EVERYBODY HERE.AND MEMBERS OF THE PUBLIC. THANKS FOR COMING. THANKS FOR BEING HERE WITH US, OPEN FORUM.
WE DO NOT HAVE ANYBODY HERE SIGNED UP TO SPEAK AT OPEN FORU. SO WE DO HAVE A QUORUM SO WE CAN
[CONSENT AGENDA ]
MOVE ON TO OUR CONSENT AGENDA. PLEASE MOTION MOVE TO APPROVE. WE HAVE A MOTION TO APPROVE. I SECOND AND BEFORE YOU PULL THE COUNCIL, I FORGOT TO TURN ON MY MICROPHONE. THERE YOU GO. PLEASE PULL THE COUNCIL. ALL RIGHT. YES, I, I, I MOTION CARRIES. ON TO ITEM. WE'RE GOING TO MOVE[9. Discussion and Action]
ITEM NUMBER NINE UP. WE HAVE A GUEST THAT'S GOING TO BE JOINING US VIA SOME VIRTUAL MEETING. SO IF EVERYBODY'S OKAY WITH IT WE'RE GOING TO MOVE TO ITEM NUMBER NINE. NOW THIS IS A DISCUSSION AND ACTION ITEM. AND THIS IS, REGARDING THE ARBITRAGE STUDY COMPLETED BY HILLTOP SECURITIES AND AUTHORIZING PAYMENT OF THE REQUIRED YIELD REDUCTION PAYMENTS BY THE TOWN OF HORIZON CITY. COUNCIL FINANCE DIRECTOR. I DON'T KNOW IF THAT MICROPHONE IS ON. IS THAT. IS THAT ONE STILL CONNECTED? YES NO. YES. NO. IT THERE WE GO. IT WAS JUST ME.YEAH EVENING COUNCIL AND MAYOR, FINANCE DIRECTOR, I RECALL SEVERAL MONTHS AGO WE ENGAGED, HILLTOP SECURITIES ASSET MANAGEMENT TO PERFORM A, ARBITRAGE STUDY ON OUR BONDS.
AND SO THIS IS THE RESULT OF THAT STUDY, AND THE RESULT OF THE STUDY REALLY ONLY AFFECTS OUR 2019 BOND. SO THIS IS WHAT I'M COVERING ON THIS PRESENTATION TONIGHT. SO THIS IS A COMPUTATION OF ENGLAND PAYMENT COMPUTATION FOR THE PERIOD JUNE 11, 2019 TO JUNE 11TH, 2020 FOR, THE RESTRICTION AMOUNT WAS CALCULATED WITH THE COMPUTATION OF THE YIELD REDUCTION AMOUNTS, WHICH COVERS THE INVESTMENT OF GROSS PROCEEDS FROM JUNE 11, 2022, WHICH IS KNOWN AS THE END OF THE TEMPORARY PERIOD TO JUNE 11TH, 2020 FOR THE INSTALLMENT COMPUTATION DATE. THE YIELD REDUCTION AMOUNT WAS BASED ON INFORMATION PROVIDED, REGARDING THE ISSUANCE OF OBLIGATIONS AND THE INVESTMENT OF THE GROSS PROCEEDS, AS WELL AS OTHER INFORMATION BEING NECESSARY UNDER THE CIRCUMSTANCES. SO THIS IS THE RESULT OF THAT STUDY. THE SUMMARY OF THE YIELD RESTRICTION AMOUNT, WAS BASED ON THE ACTUAL INTEREST EARNINGS OF 488,000, $1.50 AND THE ALLOWABLE INTEREST EARNINGS ON AND MATURITY HIGHER BOND YIELD. $307,172.40. THEREFORE, THE CUMULATIVE YIELD REDUCTION PAYMENT DUE TO THE IR. IS $180,829.10. JUST FOR YOUR INFORMATION, THIS IS THE RESULT OF EARNING MORE MONEY THAN THE YIELD RESTRICTION ON THE BOND. THE BOND WAS PURCHASED AT A RATE OF 2.67, AND WE EARNED ABOUT 200 BASIS POINTS HIGHER THAN THAT IN INTEREST, THE PAYMENT FOR THIS WILL COME OUT OF THE INTEREST EARNINGS ON THE BOND. SO IF WE. TO UNDERSTAND IF WE EARN MORE THAN A SET AMOUNT, THEN WE HAVE TO REPAY. DOES IT GO BACK TO THE PRINCIPAL? WE PAY THAT TO THE IRS TO THE IRS. OKAY THERE WAS ALSO A STUDY, ANOTHER STUDY DONE REGARDING THE REBATE AMOUNT.
[00:05:14]
ON THE SAME BOND. AND THERE WAS A REBATE COMPUTATION FOR THE PERIOD OF JUNE 11TH, 2019. THIS ONE'S A LITTLE BIT DIFFERENT THAN THE PERIOD THAT WAS, INCLUDED IN THIS, CALCULATION WAS THE ISSUANCE DATE, WHICH IS JUNE 11TH, 2019, AND IT WENT TO, JULY, JUNE 11TH, 2021. THE REBATE WAS BASED ON THE SAME INFORMATION PROVIDED REGARDING THE ISSUANCE OF THE OBLIGATIONS AND THE INVESTMENTS OF THE GROSS PROCEEDS, AS WELL AS OTHER INFORMATION DEEMED NECESSARY FOR THE CIRCUMSTANCES. AND THIS, THE REPEATABLE ARBITRAGE, THE ACTUAL INTEREST EARNINGS FOR THE PERIOD WAS 746,946 AND $0.83, AND THE ALLOWABLE INTEREST AND BOND YIELD WAS 1,000,072, 33, 64. SO THE CUMULATIVE AVAILABLE AMOUNT IS A CREDIT OF 331 2681. SO THEREFORE THERE IS NO PAYMENT DUE ON THIS. ON THE REBATE PORTION. THE CONSULTANTS WILL CONTINUE TO DO THIS ON AN ANNUAL BASIS SO THAT, YOU CAN BE AWARE OF THE POTENTIAL REBATE AMOUNT. I'M SORRY, THE YIELD RESTRICTION AMOUNT AND THE AMOUNT THAT'S DUE TO THE IRS SO THAT WE CAN MAKE SURE THAT, WHEN YOU TAKE THAT INTO ACCOUNT, WHEN WE ARE INVESTING OUR FUNDS AND THE MONEY THAT WE USE TO, TOWARDS THE BOND PURPOSES AND THE PROCESS THAT WE USE TOWARDS THE CONSTRUCTION AND ALL THE OTHER PROJECTS THAT ARE ALLOCATED FOR THAT BOND. SO WE HAVE WE HAVE THE REPAYMENT AMOUNT. CAN WE USE THAT FROM THE I'M NOT GOING TO I SHOULDN'T CALL IT EXCESS, BUT I WILL CALL IT EXCESS INTEREST THAT WE MADE. YES. SO IT'S KIND OF A WASH BUT BUT IT'S NOT COMING OUT OF OUR BUDGET. NO IT'S OKAY. THANK YOU. THIS IS PAYABLE OUT OF THE INTEREST AT TEN. AND THE CREDITS CAN APPLY BECAUSE IT'S A DIFFERENT BOND. RIGHT WE DID COME UP WITH A I BELIEVE ABOUT $11,000 CREDIT ON THE 880 CREDIT BUILD, 196,000. OKAY IS THIS A NEW REQUIREMENT BY THE TREASURY? NO, ACTUALLY, IT'S SOMETHING THAT WE SHOULD BE DOING, ANNUAL BASIS. IT'S BY THAT CODE THAT YOU SEE DOWN THERE AT THE BOTTOM, THE IRS CODE, BY THE WAY, ACTUALLY. SO THIS WAS ALSO DONE ON THE 2014 BOND ISSUE. BUT THERE WAS NO ARBITRAGE AMOUNT DUE ON. OKAY. MOSTLY THIS WAS DUE TO THE CHANGE IN INTEREST RATES. YES. INTEREST RATES WENT UP, INTEREST RATES WERE LOWER. AND THEN THEY WENT UP. WE EARNED MORE THAN OKAY, SO WHAT ARE WE DOING THIS CONTINUOUSLY FOR ALL THREE BOND ISSUES GOING FORWARD? ARE THERE ANY OTHER QUESTIONS FROM COUNCI? NO WELL, WE'RE NO ITEM NINE. SO, IS THERE A MOTION TO ACCEPT THE PRESENTATION? WHAT SHOULD THE MOTION TO ACCEPT? TO ACCEPT THE PRESENTATION OR TO AUTHORIZE THE PAYMENT? WELL, BOTH IT SHOULD BE BOTH, BECAUSE EVEN EVEN THOUGH THE MONEY IS JUST COMING FROM THE INTEREST EARNINGS, THAT'S A THAT'S A LOT OF MONEY. SO WE NEED TO HAVE A PUBLIC RECORD OF THE COUNCIL HAVING APPROVED RETURNING THAT MONEY TO THE IRS.OKAY. I MOVE THAT WE APPROVE THE REPORT AND, MAKE THE NECESSARY PAYMENT REPAYMENT TO THE TO THE STATED AMOUNT ON THIS REPORT. YEAH. I'LL SECOND THE MOTION. SO WE HAVE A MOTION AND A SECOND.
COULD YOU PLEASE PULL THE COUNCIL. ALL RIGHT I, I, I, I, I MENDOZA I MOTION CARRIES. THANK
[6. Discussion and Action]
YOU MA'AM. ALL RIGHT BACK TO ITEM NUMBER SIX, THIS IS A RESOLUTION. THAT'S A DISCUSSION ACTION ITEM. THIS IS ON A RESOLUTION AUTHORIZING THE MAYOR TO SIGN AN AGREEMENT WITH ZIGGO FOR CONSTRUCTION MANAGEMENT SERVICES FOR MUNICIPAL FACILITIES. PHASE ONE, IN AN AMOUNT NOT TO EXCEED $350,000. COUNCIL DID YOU MEAN CARRY OUT A CAPITAL IMPROVEMENT PROGRAM? MANAGER? THIS ITEM AUTHORIZES AN AGREEMENT WITH XSIGO ARCHITECTURE AS A CONSTRUCTION MANAGER FOR THE MUNICIPAL FACILITIES PHASE ONE, WHICH IS POLICE HEADQUARTERS AND MUNICIPAL COURT AND COUNCIL CHAMBERS. THE AGREEMENT INCLUDES MATERIALS TESTING AND INSPECTION SERVICES THROUGHOUT THE PROJECT. CONSTRUCTION WITH SPECIALIZED FIRMS WHO WILL BE CONDUCTING INSPECTIONS FOR ARCHITECTURAL ELEMENTS, STRUCTURAL ELEMENTS, MECHANICAL, PLUMBING, ELECTRICAL, THE TESTING SERVICES WILL BE PERFORMED BY TERRACON AND CONSTRUCTION ADMINISTRATION SERVICES, WHICH SUPPORT THE CITY FUNCTIONS TO INCLUDE THE REVIEW OR REQUEST FOR INFORMATION[00:10:09]
CHANGE ORDERS, PAY APPLICATIONS. ALL OF THAT WILL ALSO BE CARRIED OUT BY XSIGO AND ALSO INCLUDED IN THIS PROJECT PROPOSAL. BECAUSE THIS IS A COMPLEX PROJECT, THE CITY REQUESTED, A MANAGEMENT SYSTEM, A SOFTWARE MANAGEMENT SYSTEM, SO THAT WE CAN SHARE INFORMATION MORE EFFICIENTLY. AND BE ABLE TO TRACK, FOR EXAMPLE, WHEN REQUESTS FOR INFORMATION COME IN FROM THE CONTRACTOR, WHEN THE CONSULTANT HAS RESPONDED, WHEN THE CITY HAS APPROVED CHANGE ORDERS, AND THAT WAY IT'S IN ONE CONSOLIDATED SYSTEM. SO THAT IS ALSO INCLUDED IN THE PROPOSALS, STAFF IS RECOMMENDING APPROVAL. MR. MESKO, WHO IS IN MEXICO, IS HERE AS WELL. SHOULD YOU HAVE ANY SPECIFIC QUESTIONS, THIS IS COMING FROM THE MUNICIPAL FACILITIES BUDGET THAT IS FUNDED THROUGH THE 2023 CERTIFICATES OF OBLIGATION. THANK YOU. MA'AM. QUESTIONS ON THE SOFTWARE THAT YOU'RE PURCHASING. IS IT, JUST A ONE TIME DEAL OR WE'RE GOING TO BE ABLE TO UTILIZE THIS SOFTWARE ON FUTURE PROJECTS? IT IS A ONE TIME DEAL. IT IS FOR THE PROJECT. THANK YOU. IS THERE ANY OTHER QUESTIONS FROM COUNCIL? WHO IS THE DESIGNER? THE CONSULTANT? YES, SIR, MAYOR, WE NEED TO MAKE NOTE OF THE FACT THAT MR. MILLER IS GOING TO BE ABSTAINING FROM VOTE FROM THE VOTE AND MAKE THIS A MATTER OF PUBLIC RECORD BECAUSE OF HIS EMPLOYMENT SITUATION WITH TERRACOTTA. YES OKAY. IS THERE ANY OTHER QUESTIONS? NO. IS THERE A MOTION? WE HAVE A MOTION TO APPROVE. SECOND. SECOND. PLEASE PULL THE COUNCIL. ABSTAIN YES. HI. I HI. HI. HI HI. MOTION[7. Discussion and Action]
CARRIES. THANK YOU. MA'AM ITEM NUMBER SEVEN. DISCUSSION AND ACTION. THIS IS ON A RESOLUTION AUTHORIZING THE MAYOR TO SIGN THE INTERLOCAL AGREEMENT BETWEEN THE HORIZON REGIONAL MUNICIPAL UTILITY DISTRICT, AIR MUD AND THE TOWN OF HORIZON CITY CITY FOR REIMBURSEMENT OF ACTUAL DESIGN EXPENSES IN CONNECTION WITH THE CONSTRUCTION OF A SEWER SERVICE LINE. TO BE INSTALLED AS PART OF THE CITY'S MUNICIPAL FACILITIES PHASE ONE PROJECT IN FORM AND SUBSTANCE SUBSTANTIALLY SIMILAR TO THE DOCUMENT ATTACHED TO THIS RESOLUTION. COUNCIL. GOOD EVENING. THE CAPITAL IMPROVEMENT PROGRAM MANAGER, AS WE WERE COORDINATING WITH THE AIR MUD FOR THE NEW SERVICE INSTALLATIONS, THEY ADVISED US THAT THE SEWER LINE IS ON THE NORTHBOUND LANES OF DARRINGTON.SO IT REQUIRES A CUT ACROSS DARRINGTON TO PROVIDE THE SERVICE TO MUNICIPAL FACILITIES.
WE EXPLORED THIS FURTHER, AND IN PROBLEM SOLVING, IT, WHAT WE'VE DETERMINED IS THAT IT WOULD BE EXPEDITIOUS AND ADVANTAGEOUS FOR THE CITY TO ENTER INTO AN AGREEMENT WITH THE AIR MUD.
THEIR ENGINEER WILL DESIGN THAT SERVICE LINE FOR THE CITY, AND THIS IS THE REIMBURSEMENT THAT WE ARE REQUESTING. THEY DESIGNED THE LINES THAT ARE TO BE REPLACED AS PART OF THE DARRINGTON RECONSTRUCTION PROJECT. SO IT MAKES SENSE THAT THEY DESIGN THIS AS WELL FOR THE TOWN. AND THEN OUR PLAN IS TO SUBMIT THAT DESIGN TO TEXDOT AND TO THEIR CONTRACTOR SO THAT THEY WILL DO THAT AS PART OF THE NORTH DARRINGTON CONSTRUCTION PLAN. WE BELIEVE THAT WE CAN GET THIS DONE TO WHERE IT DOES NOT NEGATIVELY IMPACT EITHER OF THE PROJECTS, AND AGAIN, WE HAVE CONFIDENCE THAT THE TERM MUD WILL BE ABLE TO DESIGN THIS IN A MANNER THAT IS EFFECTIVE FOR THE TOWN. AND AGAIN, THAT IT MEETS THE, THE SCHEDULES FOR BOTH PROJECTS. THE COST IS $12,000, THIS HAS ALREADY BEEN DISCUSSED AT THE A TERM OF THE ENGINEERING COMMITTEE MEETING. THEY'RE HAVING A SPECIAL MEETING NEXT WEEK. WE EXPECT THAT THEY WILL CONSIDER THIS INTERLOCAL AGREEMENT AT THE TIME, AS WELL, SO THAT THEY CAN CONFIRM THEIR DESIGN TEAM IS ON THIS, AND THEY WILL COORDINATE WITH OUR DESIGN AND AS WELL. SO STAFF RECOMMENDS APPROVAL OF THIS INTERLOCAL AGREEMENTS. ALL RIGHT. THANK YOU DOCTOR. ARE THERE ANY QUESTIONS FROM COUNCIL? NO. IS THERE A MOTION MOVE TO APPROVE. WE HAVE A MOTION TO APPROVE. IS THERE A SECOND? SECOND? WE HAVE A SECOND. COULD YOU PLEASE PULL THE COUNCIL? ALL RIGHT. HI. HI. HI. HI. PADILLA I. MENDOZA. HI.
[8. Discussion and Action]
MOTION CARRIES. THANK YOU. COUNCIL. THANK YOU. DOCTOR. THANK YOU. ITEM NUMBER EIGHT.THIS IS A DISCUSSION AND ACTION ITEM. THIS IS ON A RESOLUTION APPROVING THE HORIZON CITY,
[00:15:01]
ECONOMIC DEVELOPMENT CORPORATION'S FISCAL YEAR 2425 BUDGET.GOOD EVENING. COUNCIL. EDDIE GARCIA, EXECUTIVE DIRECTOR FOR THE EDC, SO TODAY'S PRESENTATION IS I'M GOING TO GIVE YOU A LITTLE OVERVIEW OF SOME OF THE PROJECTS THAT THE EDC HAS BEEN WORKING, AND THEN AN OVERVIEW OF THE BUDGET THAT WE THAT WE'RE PROPOSING WE OFFER APPROVAL, THIS BUDGET HAS GONE TO THE EDC ALREADY, AND IT WAS APPROVED BY THE EDC. AND IT'S HERE BEFORE YOU, FOR YOUR APPROVAL AS WELL. AGAIN, THE REQUEST IS TO APPROVE THE HBC'S FISCAL YEAR 2025 BUDGET. AND ONE OF THE THINGS THAT WE'VE BEEN DOING WHILE AT THE EDC IS WORKING WITH OUR PARTNERS. WE'RE WORKING WITH BUDGET, VISA, LIFT FUND, TEXAS WORKFORCE COMMISSION. SO WE'RE GOING TO HAVE AN EVENT HERE PRETTY SOON, AUGUST 8TH. WHICH WITH PROJECT LEADER, WE'RE GOING TO PROVIDE SOME, SOME TRAINING FOR SOME OF THE FOLKS OUT HERE IN THE CITY. WE'RE GOING TO GO TO THE NEXT SLIDE, A FEW SLIDES DOWN. YOU KNOW THAT THAT'S WHAT PEOPLE ARE ASKING US TO DO RIGHT NOW WITH THE GOAL TO SEE WHAT THE BUSINESS COMMUNITY IS LOOKING FOR. SO AGAIN, THIS TRAINING, IT'S FREE WORKSHOPS FOR THE FOLKS THAT ARE OUT THERE FOR THE BUSINESSES, BECAUSE WE DO KNOW THAT THERE IS A LOT OF BUSINESS THAT'S GOING TO MOVE INTO INTO THE TOWN OF THE RISING CITY, HERE IN THE NEAR FUTURE. AND SO WE WANT TO MAKE SURE THAT THE BUSINESS THAT WE HAVE IN PLACE RIGHT NOW ARE ABLE TO HANDLE, THAT THAT'S COMING. SO IT'S A BUSINESS MARKETING. WE'RE GOING TO HAVE A SERIES OF THESE LOW INTEREST LOANS, WHAT PEOPLE CAN DO ESSENTIALLY. BUT WE'RE WE'RE ON TARGET WITH WHAT IT IS THAT WE'RE DOING. AGAIN, THIS IS OUR SURVEY THAT WE SENT OUT. YOU KNOW, WE SENT THIS OUT TO A FEW BUSINESS TO THE BUSINESS COMMUNITY AND AGAIN, WHAT THEY'RE ASKING US TO DO IS, IS TO HAVE THE FINANCE AND BUDGETING. TRAINING AS YOU CAN SEE, THE SURVEY HERE, IT'S 45% OF WHAT IT IS THAT THEY'RE LOOKING FOR IN MARKETING IS SOMETHING ELSE. YOU KNOW? AND THE OTHER THING THAT THEY'RE LOOKING FOR IS PHYSICAL SPACE.
IT'S ONE OF THE THINGS THAT WE'RE LACKING. RIGHT NOW IN THE TOWN OF HORIZON CITY FOR SOME OF THESE RETAIL BUSINESSES. AND WE'RE ALSO LOOKING AT AT THE BBC. AGAIN WE'RE WORKING ON DOING SOME INFILL, YOU KNOW, THESE THESE PARCELS ARE IN THE CENTER OF THE CITY. THIS IS A PROPERTY THAT USED TO COME FROM SAUL, AND IT'S IN THE PROCESS OF BEING DEVELOPED NOW, THIS IS PROJECT, OPTICAL OR OPTICAL IS BETWEEN THOSE TWO STREETS, SO THE DEVELOPER IS IN THE PROCESS OF CONNECTING ALL OF THOSE WATER LINES IS GETTING READY TO GO VERTICAL. HE BELIEVES THAT HE CAN HAVE THAT, BUILDING FOR US BY MARCH OF NEXT YEAR. SO, AGAIN, TO REMIND YOU WHAT THAT LOOKS LIKE, IT'S A 25,000 SQUARE FOOT BUILDING. AND IT'S GOING TO BE TWO 2000, 5500 SQUARE FOOT OFFICE SPACES, WHICH THE EDC AND AGAIN, I BROUGHT THAT BEFORE YOU. AND YOU'LL SEE THAT IN TONIGHT'S BUDGET. AND NOW YOU'RE GOING TO SEE THE IMPACT ON OUR ON THE EDC RESERVES, SO IT'S A $3.1 MILLION INVESTMENT AGAIN, IN THE CENTER OF THE CITY. THIS SHOULD DEFINITELY HELP US. THE TERMS THAT WE HAVE RIGHT NOW TO START GENERATING SOME INCOME FOR THE TOURISTS, FOR YOU GUYS AS WELL. AND THAT FINANCING MECHANISM. SO AGAIN, WE DO HAVE AN AGREEMENT WITH THESE FOLKS, WE'RE PAYING THAT $28,000 A YEAR FOR THE NEXT FOUR YEARS, WHICH IS SMALL COMPARED TO THE $5 MILLION THAT THE THAT THE DEVELOPER IS GOING TO INVEST IN THIS PIECE OF PROPERTY. SO IT SHOULD, IT SHOULD IT SHOULD BE COMING HERE ON BOARD PRETTY QUICKLY HERE, THERE MAY BE SOME LAG TIME FOR THE EDC. THERE MAY BE SOME THERE MAY BE A POINT WHERE WE'RE GOING TO HAVE TO LET GO OF OUR LEASE, WHERE WE'RE AT RIGHT NOW BECAUSE IT TERMINATES IN APRIL. SO, YOU KNOW, WE MAY BE WORKING FROM HERE. WE'RE ASKING THE CITY TO PROVIDE US SOME OFFICE SPACE, YOU KNOW, JUST TO HAVE SOME VISIBILITY WITH IT AT THE CITY WHILE WE GET SO WE DON'T HAVE TO RENEW OUR LEASE WHERE WE'RE AT RIGHT NOW. THAT'S LIKE A 42, $45,000 LEASE, AND THEY'RE GOING UP 10% EVERY TIME WE DO A NEW LEASE EXTENSIONS. AGAIN, THE OTHER THING THAT WE'RE WORKING FOR IS WE'RE TRYING TO GET SOME, ELECTRIC VEHICLE CHARGERS THAT COME INTO THE TOWN OF OREGON CITY RECENTLY, WOULD COME DOWN TO THE CITY OF EL PASO, PARTNERED WITH THE COUNTY AND A BUNCH OF OTHER ENTITIES THROUGHOUT THE COUNTY. AND UNFORTUNATELY FOR THE HORIZON, WE WERE LEFT OUT OF IT. YOU KNOW, IT HAS TO DO A LOT WITH OUR INCOME. AND SO THEY WERE TARGETING, YOU KNOW, THESE, THESE, THESE POPULATIONS THAT HAD LOWER INCOME BACK IN HORIZON CITY ARE INCOME TENDS TO BE IN THE $60,000 RANGE. FOR IPO. BUT SO NOW WE'RE WORKING ON ON GETTING SOME EV CHARGERS HERE. WE'RE TRYING TO MAKE IT WHERE THE CITY DOESN'T HAVE TO COME UP WITH A 20% MATCH ON THIS. WE'RE WORKING WITH DIFFERENT PARTNERS THAT WILL MATCH THAT 20%. AND IT JUST THEM HAVING THOSE CHARGERS HERE. WE THINK IT'S REALLY IMPORTANT. FOR THE CITY TO HAVE THESE HERE AS WE MOVE FORWARD. SO WE'RE LOOKING AT 30 SITES ACROSS THE CITY, THE EV CHARGERS
[00:20:01]
WILL BE HELD BY THE INDIVIDUAL PROPERTY OWNERS FOR FIVE YEARS, AND THE REVENUE, THERE'S A POTENTIAL FOR SPLITTING SOME OF THAT REVENUE THAT WE DECIDE TO MAINTAIN IN THE FUTURE FOR OURSELVES. OR WE CAN JUST TURN IT OVER TO THE PARTNER THAT'S INVESTING THE 20% FOR THE CITY.SO WE'RE TRYING TO MAKE IT AGAIN, WHERE THE CITY ISN'T INVESTING IN ANY OF THESE DOLLARS. YOU SHOULD SEE A RESOLUTION HERE IN THE NEAR FUTURE COMING TO YOU ALL THE WAY FOR APPROVAL SO THAT WE CAN CONTINUE MOVING FORWARD TO APPLY FOR THAT GRANT. AGAIN, THIS IS A GRANT THAT WE HAVE TO APPLY FOR, WITH THE FEDERAL GOVERNMENT. SO IT'S ABOUT $15 MILLION THAT THE CITY RECEIVED LAST YEAR. BUT AGAIN, WE THINK IT'S VERY IMPORTANT THAT YOU THAT WE'RE NOT LEFT OUT OF THE DISCUSSION. AND MAKE SURE THAT YOU HAVE THESE CHARGERS HERE FOR, FOR THE FOR THE COMMUNITY, FOR THOSE THAT YOU. THE OTHER PROJECT THAT WE'RE WORKING ON IS A PROJECT THAT I REMEMBER HAVING BEFORE I CAME TO THE TOWN OF HORIZON CITY. THIS IS ONE THAT I BEEN WORKING THIS PROJECT FOR THE LAST 3 OR 4 YEARS, BUT IT LOOKS LIKE THEY'RE GETTING READY TO START BUILDING HERE IN OUR, INDUSTRIAL, PARK THAT YOU ALL INVESTED $5 MILLION, YOU KNOW, FOR THOSE, PLANTING AREAS. AND THAT'S THE REASON THAT I CAN TELL YOU THAT. WHY THEY PURCHASED THOSE PIECES OF PROPERTIES. IT'S NOT ABOUT 20 ACRES THAT THEY PURCHASED.
THEY'RE GOING TO INVEST ABOUT $15 MILLION, 100,000FTā !S. THERS TWO PHASES THAT THEY'RE GOING TO BRING THIS. SO EVENTUALLY IT LOOKS LIKE $20 MILLION THAT THEY'RE GOING TO INVEST IN THIS AREA AGAIN, THIS SHOULD HAPPEN LATE 20 2444. AND REALLY, WHAT THEY DO IS THEY JUST PROCESS PECANS, DIFFERENT NUTS, FOR THE US, THEY DO THIS IN MEXICO AS WELL. BUT ONE OF THEIR BIGGEST CLIENTS, WHICH IS COSTCO, IS ASKING THEM TO HAVE A US PRESENCE, WHICH IS WHY WE'RE LOOKING AT MOVING HERE TO THE TOWN THAT IS US, BECAUSE IT'S REALLY IT'S PRETTY GOOD, YOU KNOW, THE, YOU KNOW, THAT THEY'RE MOVING OVER HERE TO THE RISING CITY IS JUST AWESOME.
THAT'S SOMETHING THAT THE CITY OF EL PASO COMPETED FOR. AND THEY DIDN'T GET, BUT FOR THE CITY WAS ABLE TO GET THAT THIS IS THE AREA THAT THEY PURCHASED THAT INDUSTRIAL PARK. AGAIN THESE ARE THE PONDING AREAS THAT YOU ALL INVESTED IN. AND THEY'RE VERY IMPORTANT FOR THEM TO NOT HAVE TO DO THAT AND TO BE ABLE TO UPON TO HAVE THEIR WATER MOVED INTO THAT AREA. AGAIN, THIS IS A PROPERTY THAT'S LOCATED FURTHEST SOUTH HERE IN HORIZON CITY. IT'S ABOUT A 50 ACRE PARCEL THAT IS UP FOR SALE. WE'RE WORKING WITH A BROKER, WITH WE'VE TALKED TO SEVERAL PEOPLE. SO THAT'S WHAT THE OTHER THING THAT WE'RE DOING IS WE'RE GOING OUT TO THE COMMUNITY TALKING TO ALL THESE BROKERS, MAKING SURE THAT THEY KNOW THAT HORIZON CITY IS HERE AND THAT WE HAVE LAND HERE, SO IT'S EXCITING, RIGHT? ONE OF THE THINGS THAT WE'RE MISSING FOR THIS PARTICULAR PIECE OF PROPERTY IS THE SECOND POINT OF ACCESS. WE WANT THAT FOR A WHILE. WE'VE BEEN WORKING WITH THE COUNTY. THEY'RE POTENTIALLY GOING TO PROVIDE US WITH THEIR COUNTY IMPACT FUND, TO HELP US, YOU KNOW, GET THAT ROAD THAT SITS ON CITY AND THAT SITS IN THE COUNTY, PORTION OF THE CITY, RIGHT. IT'S NOT IN IN OUR MUNICIPALITY THAT THAT'S LIKE A POINT OF ACCESS WOULD BE HERE TO THE SOUTH. WE HAVE WE HAVE A POINT OF ACCESS FROM THE NORTH.
WE JUST NEED A SECOND POINT OF ACCESS FROM THE SOUTH. THIS IS AGAIN 350 ACRES IS ZONED INDUSTRIAL, WE'VE HAD SEVERAL HITS THAT PEOPLE ARE LOOKING AT PURCHASING THIS PROPERTY AND ACTUALLY BUILDING THAT, AND I'M WORKING RIGHT NOW WITH A POTENTIAL, MANUFACTURING COMPAN, AND THERE'S A HIGH LIKELIHOOD THAT I'LL BRING IT INTO EXECUTIVE SESSION HERE SO YOU ALL CAN MAKE A DECISION ON THAT PIECE OF PROPERTY. THAT'S SOMETHING THAT WE WOULD DRIVE IN, IT'S SOMETHING THAT I HAVE TO MEET WITH THE OWNERS AT THIS POINT. I'LL DO THAT NEXT WEEK.
BUT IF IT DOES COME TO FRUITION, I'LL BRING IT HERE TO THE TO THE CITY COUNCIL TO WORK. WHERE IS THIS? IS THIS THE MISSILE PLANT? BUT. AGAIN, WE'RE TALKING ABOUT A LOT OF REAL ESTATE ACQUISITION. THE EDC IS WORKING WITH THE CITY TO START PURCHASING LAND WITHIN THE POD.
I THINK ONE OF THE THINGS YOU NEED TO REMEMBER ABOUT THE POD AND THE TERRORS IS WE DON'T OWN THE LAND. IT'S GOING TO BE VERY, VERY DIFFICULT TO DEVELOP BECAUSE IT'S HIGHLY PRICED. A LOT OF FRACTURED OWNERSHIP. THE IDEA IS TO GO IN THERE AND ACQUIRE SOME OF THESE PARCELS, AND YOU'RE JUST NOT GOING TO GET THE DEVELOPMENT THAT YOU'RE LOOKING FOR. AND IF YOU DO IT, IT TAKES A VERY, VERY LONG TIME. SO WE'RE WE'RE FOCUSING RIGHT HERE IN THE CENTER OF THE DEVELOPMENT, TO ACQUIRE SOME OF THESE PROPERTIES THROUGH A LANDOWNER IN THIS AREA. AGAIN, THIS IS PROPERTY THAT THE CITY ALREADY PURCHASED. AND THESE ARE PROPERTIES THAT WE'RE LOOKING AT PURCHASING HERE IN THE NEAR FUTURE, I KNOW TERRY IS WORKING ON GETTING SOME OF THAT STUFF DONE WITH THE ARPA FUNDS, AND I'LL GET A LITTLE HARD, BUT I'M TAKING THE LEAD. THE EDC IS TAKING THE LEAD ON WORKING WITH THE LANDOWNER IN THIS AREA TO PURCHASE PROPERTY UNDER THE
[00:25:05]
CITY, AND EVENTUALLY THE EDC WILL ALSO PURCHASE SOME PROPERTY IN THERE AS WELL. WITH OUR BRAZIL SOUTH. THE OTHER THING THAT WE'RE WORKING ON IS, IS TRYING TO GET A HOTEL INTO THIS AREA. UNFORTUNATELY FOR US, SOME OF THESE PROPERTIES, ESPECIALLY THOSE THAT ARE CLOSER TO DARRINGTON, THEY'RE EXTREMELY EXPENSIVE, WHICH MAKES DEVELOPING EXTREMELY DIFFICULT FOR SOMEBODY TO GO AND BUY THE PROPERTY. SOME OF THESE PROPERTIES ARE GOING FOR, LIKE BETWEEN 16 TO 50, $17 ALL THE WAY TO $20 PER SQUARE FOOT. SO IT'S SIGNIFICANT AMOUNT OF DOLLARS THAT ARE INVESTED THERE. SO WE'RE WORKING ON GETTING THE HOT TAX. I'M WORKING WITH LEGAL TO GET THAT GROUP, TO MAKE SURE THAT WE CAN INCENTIVIZE THIS. HOTELIER WITH THE HOT TAX AND REBATE THAT POTENTIALLY OVER A TEN YEAR PERIOD. BUT THAT'S SOMETHING THAT WE'RE WORKING WITH. I THINK THE BIG HANGUP WITH THAT PARTICULAR PROJECT IS THE PURCHASE OF LAND THAT WE WILL HAVE TO DO. SO, IT'S SOMETHING THAT WE'RE WE'RE REALLY CLOSE AND WE CAN HAVE SOMETHING HERE IN HORIZON IN TERMS OF THE HOTEL, WE'RE ALSO WORKING ON LAND ANNEXATION, YOU KNOW, TO OUR EAST. SO ONE OF THE THINGS THAT WE NEED TO DO IS GET IN FRONT OF THE GLOW. WE'VE TRIED CONTACTING THE GLOW SEVERAL TIMES, TRYING TO GET IN FRONT OF THEM. IT'S BEEN EXTREMELY DIFFICULT. WE WERE IN THE PROCESS OF WORKING WITH A CONSULTANT THAT HAS INDICATED TO US THAT HE CAN GET US IN FRONT OF LEADERSHIP AT THE GLOW, IT'S OUR UNDERSTANDING THAT HE'S DONE THAT FOR HOMEPAGES AND OTHER MAJOR DEVELOPERS. SO THAT'S WHY WE'RE FOLLOWING THAT LEAD TO SEE IF WE CAN PITCH WHAT IT IS THAT WE'RE DOING WITH. I MEAN, WE'VE GOT IN AN INTERESTED LAND DEVELOPER IN THAT AREA, H3 VENTURES. THEY'RE LOOKING AT, TRYING TO THEY HAVE LAND OUT THERE THAT WITHIN THE CITY. WE'RE ALSO LOOKING AT ANNEXING PORTIONS OF WHAT THE LAW IS TO THE GLOW AND SOME OF THEIR LAND AS WELL, TO INCREASE OUR FOOTPRINT, OUR COVENANTS. AGAIN, IT'S CHALLENGING, YOU KNOW, GETTING IN FRONT OF THE GLOW AND GETTING IN FRONT OF DECISION MAKERS. WE THINK SO. MORE LIKELY THAN NOT, I'M GOING TO BRING SOMETHING BEFORE YOU, SO THAT YOU CAN GIVE ME THE GO AHEAD TO, TO SIGN A CONTRACT WITH THIS CONSULTANT TO MOVE IT FORWARD, I NEED TO TAKE THAT TO THE EDC FIRST, AND FINALIZE THE AGREEMENT FOR THIS, CONSULTANT TO GIVE US THEIR. THE OTHER THING THAT WE'RE WORKING IS TRYING TO GET FAMILY ENTERTAINMENT INTO THE AREA, WE HAVE BEEN WORKING WITH SOMETHING THEY CALL, YOU KNOW, AN ADVENTURE TYPE PARK TO COME INTO HORIZON CITY, THESE PEOPLE ARE JUST WAITING ON THERE BEING MORE PEOPLE HERE IN HORIZON, SO THAT THEY CAN TRY TO, TO LOOK AT WHAT IS WHAT THEY COULD POTENTIALLY BE IN HORIZON, UNFORTUNATELY FOR THESE OR, YOU KNOW, SOMETIMES, FORTUNATELY, YOU KNOW, THESE REQUIRE LARGE 30,000 SQUARE FOOT BUILDINGS BECAUSE, YOU KNOW, IT'S KIND OF LIKE THE KIDS PLAY, YOU KNOW, YOU SEE THE PICTURE HERE THAT THEY HAVE, THEY CAN TUMBLE. THEY CAN THEY CAN GET OUT, YOU KNOW, ROPES AND LASER TAGS. IT'S A PRETTY BIG PART. BUT WE'RE WORKING WITH THEM TO SEE WHAT IT IS THAT WE CAN DO, THERE'S ANOTHER SPORT TRAINING FACILITY THAT'S LOOKING AT HORIZON, TO DO FAMILY ENTERTAINMENT. IT'S A BASEBALL TYPE, YOU KNOW, THEY HAVE YOU CAN GO OUT THERE AND HIT THE BALL, IN A, IN A IN A BUILDING. WE'RE ALSO WORKING WITH A BREWERY, TO TRY TO BRING THAT INTO HORIZON CITY. AGAIN. THE CHALLENGE IS THE COST OF LAND, AND IT'S GOING UP, AND WE'RE WORKING DILIGENTLY TO SEE WHAT ELSE WE CAN DO. AND OTHER CITY.THE BUDGET. WE LOOK AT THE SALES TAX REVENUE IN TERMS OF THE EDC. THIS IS JUST EDC DOLLARS THAT ARE COMING OUR WAY, YOU CAN SEE THAT IT'S SLOWLY GOING UP SLOWLY. IT'S BEEN GOING UP STEADILY, LAST YEAR WE RECEIVED ABOUT 678,000. RIGHT NOW WE'RE AT 539,000. SO WE BELIEVE WE'RE ON TRACK TO CONTINUE TO SEE AN INCREASE IN OUR REVENUES HERE IN THE HORIZON CITY AREA. AGAIN, THESE ARE JUST OUR ADMINISTRATIVE EXPENSES. IT DOESN'T INCLUDE SALARIES. SO IT'S JUST A DIFFERENT BREAKDOWN OF OUR EXPENDITURES, OUR MAINTENANCE REQUIREMENTS. BUT YOU'RE GOING TO SEE IS IN THE BUDGET IN A LITTLE BIT IS HOW, BY US GOING TO A DIFFERENT BUILDING. WE'RE NOT GOING TO HAVE THAT RENT THAT THAT LEASE THAT RENT ANYMORE, BUT WE'RE GOING TO HAVE OTHER COSTS, YOU KNOW, IN THAT NEW BUILDING. BUT THIS IS OUR OVERVIEW OF OUR SALARIES, A TOTAL OF ABOUT $308,000. AND SO THIS IS THE BUDGET ITSELF. AGAIN, I KEPT IT AS MUCH UNCHANGED AS I POSSIBLY COULD. AND THERE ARE SOME INCREASES. AGAIN, THE CITY ATTORNEY'S OFFICE OR THE CITY ATTORNEY OR THE ATTORNEYS THAT WE UTILIZE. THE SEA WATER WENT
[00:30:02]
UP BECAUSE WE'RE GOING TO HAVE WE'RE GOING TO START PAYING OUR OWN WATER NOW. WE'RE GOING TO DO THE REBUILDING. SO WE'RE ANTICIPATING THAT WE'RE GOING TO HAVE TO PAY THAT NOW. THE INCREASE ELECTRICITY IS ALSO GOING TO GO UP. WE'LL SEE THAT. AND WE'RE ACCOUNTING FOR THOSE WITH THE FOR THE DOWN PAYMENT THAT WE NEED TO GIVE, TO GET INTO THE, TO GET LIGHT INTO THAT AREA. SO WE'RE ACCOUNTING FOR A WHOLE BUNCH OF STUFF. YOU KNOW, WHEN WE MOVE INTO FURNISHINGS, THE COST OF UTILITIES, THE COST OF LANDSCAPING AND THE COST OF, OF, OF, YOU KNOW, TRASH SERVICE FOR, FOR THE NEW BUILDING. SO HERE WHAT YOU'RE GOING TO SEE IS DIFFERENT INCENTIVES. WE'RE STILL WORKING WITH THE BORDER ALLIANCE. WE MET WITH THEM, THIS WEEK, I BELIEVE LAST WEEK THEY GAVE US GREAT. YOU KNOW, AN OVERVIEW OF ALL THE PROJECTS THEY'RE WORKING ON. THE REGION, AND WE'RE WORKING WITH US TO SEE WHAT ELSE WE CAN BRING INTO THE HORIZON. CITY AREA ARMS. AGAIN, IT'S IMPORTANT THAT WE HAVE A PULSE ON WHAT'S HAPPENING AT FORT BLISS, AND WE'RE ABLE TO, PIVOT QUICKLY. IF THERE'S ANYTHING THAT WE NEED IN TERMS OF HOUSING FOR THE SOLDIERS IN THE AREA, INCENTIVES, AGAIN, THAT'S $90,000. BUT OF THAT, WE ONLY PAY ABOUT $20,000 TO, THE, THE DEVELOPMENT THAT THAT THE $3.1 MILLION DEVELOPMENT HERE IN TOWN. AND SO WHAT'S DIFFERENT THIS YEAR IS THE 80,000. SO, THERE'S NEW OFFICE CONSTRUCTION THAT'S GOING TO TAKE PLACE. SO WE'RE GOING TO BUILD THE OFFICES IN THERE INSTEAD OF TAKING OUR CUBICLE SPACES. 12,000 FOR NEW OFFICE FURNISHINGS AND THEN 618,000. THAT'S THE COST OF THE BUILDING ITSELF, WHICH IS WHAT YOU'VE SEEN BEFORE. SO WE'RE GOING TO SEE A NEGATIVE. IT'S NOT A BALANCED BUDGET BECAUSE OF THESE LAST THREE HOURS THAT WE SEE. BUT AS FAR AS THE BUDGET ITSELF, WITHOUT THESE ADDITIONAL, LINE ITEMS, THERE IT IS A BALANCED BUDGET. I'M CAREFUL, YOU KNOW, AS I'M DOING THE BUDGET TO ENSURE THAT WHEN WE GET THE ALBERTSONS IN HERE, THAT I DON'T START SEEING NEGATIVE NUMBERS IN OUR MONTHLY SALES TAX REVENUE. SO WE'RE LOOKING AT THAT CAREFULLY, AND I'LL ADJUST THROUGHOUT THE YEAR IF I HAVE TO, TO MAKE SURE THAT WHEN WE SEE THE BUDGET THAT'S COMING OUT, BECAUSE I DO KNOW THAT WE'RE GOING TO GET AN ALBERTSONS, BUT THAT'S LEAKAGE FOR US IN TERMS OF SALES, CAPITAL. AGAIN, THIS IS JUST A BUDGET SUMMARY 648,000, THE EVENT WITH THAT, OUR CAPITAL BUDGET, OUR ADMINISTRATION, NOT INCLUDING STAFFING AND OUR AND OUR SALARIES 648,000 LAST YEAR YOU SAW IT WAS 678,000. SO WE'RE $30,000 BELOW WHAT IT WAS LAST YEAR. BUT AGAIN, THE BIGGER INCREASE IS GOING TO BE IN THE ONE TIME RESERVES THAT WE HAVE AT THE MOMENT. AND WITH THAT COUNCIL, I'LL TAKE ANY QUESTIONS. IF YOU HAVE ANY.THANK YOU. MR. GARCIA. I APPRECIATE IT, ARE THERE ANY QUESTIONS FROM COUNCIL? I JUST WANTED TO BE CLEAR. WE'RE GOING TO A CRITICAL PART OF THIS. I'M SORRY, SIR. YEAH, WE'RE GOING TO OWN THIS BUILDING. OWN THIS BUILDING. AND IS IT GOING TO BE, STANDALONE, OR IS IT GOING TO BE CONNECTED TO THE OTHER STANDALONE BUILDINGS? IT'S A SEPARATE OFFICE, 2500 SQUARE FOOT OFFICE. SO THERE'LL BE TWO 2500 SQUARE FOOT OFFICES AND THEN A 2020 OR 25,000. IT'S IN THE PRESENTATION 25,000. SO IT'S A 25,001 YARD WINDOW. AND IT'S MY UNDERSTANDING OF WORKING WITH THE DEVELOPER RIGHT NOW. AND THIS IS GOING TO GIVE US THE LAND. THE BUILDING, AND IT'S UP TO US TO MAKE, WHICH IS WHY YOU SEE ME ACCOUNTING FOR HAVING TO DO MY OWN LANDSCAPING AND ALL THE MAINTENANCE ON THAT PIECE OF PROPERTY. BUT IT'S STILL, YOU KNOW, IN THE LONG RUN, IT'S STILL LESS TO GO OUT THERE AND BUY THE BUILDING OVER TIME AND CONTINUE TO GET 10% INCREASES EVERY TWO, THREE YEARS IN THE $42,000 RANGE THAT WE CAME OUT. SO IT'S CONSISTENTLY INCREASING.
AND YOU ALSO RUN THE DANGER THAT PEOPLE THAT THEY JUST DON'T THINK OF THESE NOT THAT THEY WOULD DO THAT, BUT WE ALWAYS HAVE TO ANTICIPATE THAT SOMETHING THAT'S HAPPENING HAPPEN. YES, SIR. I JUST WANT TO SAY THE WHAT YOU BROUGHT TO, THE EDC WOULD HAVE BROUGHT TO WHEN YOU ALL HAD BROUGHT TO HORIZON CITY, WHICH IS, BEEN A VERY WORTHWHILE INVESTMENT COMMUNITY.
AND IT'S BEEN GREAT WORKING WITH THE CITY. I'VE GOT A GREAT TEAM, AND I HOPE I CAN KEEP THEM FOR AS LONG AS I CAN. IT'S AN EXCITING TIME TO BE HERE IN HORIZON. IT REALLY IS. YEAH, IT REALLY IS. SO HAVE A LOT OF THINGS HEADED THIS WAY. YES, SIR. JUST ONE QUESTION. IT'S, ON THE SALES TAX. WHEN DOES IT GO BACK TO THE VOTERS AGAIN? IT GOES BACK TO THE VOTERS. DOES IT GO BACK LIKE THE WHAT WE HAVE FOR THE STREET FUND, THE RESERVE PART OF IT? NO. THE ONE TO
[00:35:02]
AUTHORIZE THE, THE SALES TAX FOR ANOTHER SO MANY YEARS. I THINK IT'S PERPETUAL. IT'S FIXED. YES.IT'S THERE'S SOME THINGS THAT YOU HAVE TO FOLLOW TO GET TO UNDO IT. WE HAVE TO DO IT FOR STREETS, BUT WE DON'T HAVE TO DO IT FOR BDC. SO IT'S PERPETUAL. I DON'T THINK IT'S PERPETUAL, BUT I THINK THERE'S A CONTRACT, YOU KNOW, THERE'S A I THINK THERE'S A RESOLUTION OF ORDINANCE THAT YOU ALL WHEN YOU CREATED IT. AND THERE ARE STEPS IN THERE THAT WOULD NEED TO TAKE TO UNDO THAT.
OKAY BUT ESSENTIALLY WHAT YOU NEED TO DO IS UNDO THE EDC, OKAY. IF THAT'S WHAT YOU'RE ASKING. NO, I JUST I JUST WANTED TO MAKE SURE THAT IF, IF IT'S, AT THIS POINT, IT'S PERPETUAL UNLESS YOU DECIDE OTHERWISE. OKAY, THAT'S EVEN BETTER. ARE THERE ANY OTHER QUESTIONS FROM COUNCIL? NO. MOVE TO APPROVE. WE HAVE A MOTION TO APPROVE. DO WE HAVE A SECOND? I'LL SECOND THE MOTION. WE HAVE A SECOND TO THAT MOTION. COULD YOU PLEASE PULL THE COUNCIL? I HI. HI. HI. HI.
HI. MOTION CARRIES. THANK YOU. THANK YOU SO MUCH. OKAY. ITEM NUMBER TEN, THIS IS A WORKSHOP
[10. Discussion and Action]
ON THE PROPOSED FISCAL YEAR 2425 BUDGET. GET READY, EVERYONE. WE'RE IN FOR A LONG ONE. OH, NO.GOOD EVENING. COUNCIL ON FINANC, THIS IS THE PROPOSED BUDGET FOR THE PROPERTY TAX BUDGET. AND FOR PROPERTY TAX RATE FOR 2025, JUST FOR YOUR INFORMATION, WE'RE GOING TO HAVE THE ORDINANCE AND PROJECTIONS ON THE AUGUST 13TH, 2024 MEETING, THE BUDGET HEARING WILL BE ON AUGUST 27TH, AND THE TAX RATE PUBLIC HEARING WILL BE SEPTEMBER 10TH. SO THE COMPONENTS OF THE OPERATING BUDGET INCLUDE THE GENERAL FUND, WHICH PROVIDES FOR THE VIA FUNDING VIA PROPERTY TAX, SALES TAX, FRANCHISE FEES AND PERMITS, AND OTHER REVENUES. AND IT PROVIDES FOR MAINTENANCE OF EXISTING FACILITIES AND EQUIPMENT DAY TO DAY OPERATIONS CONDUCTED BY THE TOWN STAFF. THE DEBT SERVICE PROVIDES FUNDING VIA THE PROPERTY TAX REVENUE FOR INTEREST ON OUTSTANDING DEBT TO WITHIN THE FISCAL YEAR, FOR PRINCIPAL PAYMENTS ON DEBT DUE WITH THE FISCAL YEAR, AND OTHER COSTS FOR SERVICING THE DEBT. THE STREET FUND PROVIDES FOR FUNDING VIA A ONE QUARTER CENT SALES TAX FOR MAINTENANCE OF STREETS, EXISTING AT THE TIME OF THE VOTER REFERENDUM, AND ISSUE THE INITIAL VOTE IN 2013, RENEWED IN 2017 AND MAY 2020. THE TRANSPORTATION REINVESTMENT ZONE FUND, WHICH IS FUNDING FOR ROAD IMPROVEMENTS, THE TAXES AND PROPERTY IMPROVEMENTS WITHIN WITHIN THE ZONE, AND THE SPECIAL EVENT FUND, PROVIDES FOR THE HOLIDAY EVENTS SPONSORED BY THE TOWN. SO THIS TABLE REPRESENTS THE REVENUES AND EXPENDITURES BY FUND FOR 2025. WE'RE SEEING A REVENUES OF 16,150,313. THAT'S AN INCREASE OVER LAST YEAR OF 207,841 FOR EXPENDITURES. WE'RE TOTALING 16,294 145. THAT'S AN INCREASE OF 347,973. AND WE CAN SEE THAT WE HAVE, THAT'S A MISNOMER. IT SAYS EXCESS REVENUE, BUT WE ACTUALLY HAVE A SHORTFALL OF $140,132. FOR GENERAL CONSUMPTION, BUDGET ASSUMPTIONS INCLUDE THE FOLLOWING CONSEQUENCES. NON PAYROLL RELATED EXPENSES HELD AT FISCAL YEAR 2024. LEVELS ARE INCREASED AS NECESSARY BASED ON HISTORY. ALTHOUGH THE COLLECTIVE BARGAINING AGREEMENT HAS NOT BEEN APPROVED BY COUNCIL. THE PROPOSED SALARY SCHEDULE FOR ALL OFFICERS COVERED BY THE AGREEMENT HAS BEEN INCORPORATED INTO THE PUBLIC SAFETY PUBLIC SORRY POLICE DEPARTMENT. WE ALSO INCORPORATED A 3% ACROSS THE BOARD INCREASE TO SALARIES FOR OTHERS NOT INCLUDED IN THE CBA, AND THE MINIMUM INCREASE TO EMPLOYEE HEALTH BENEFITS EXPENSES. ASSUMING THE PENDING RENEWAL RATES, THE TMR S RATE THIS YEAR DECREASE FROM 5.46 TO 5.25. THAT'S THE RECOMMENDED RATE THAT TMR IS. ISSUES TO US.
THAT'S EFFECTIVE JANUARY 2025. WE ARE PROPOSING THE TOWN CONTRIBUTE 5.60%. THAT'S THE SAME RATE THAT WE DID IN FISCAL YEAR 2024. AND THE BUDGET INCORPORATES THAT AMOUNT. THE ADDITION OF EMPLOYEES AND RELATED EXPENSES IS STILL UNDER REVIEW, BUT REQUESTS FOR ADDITIONAL POSITIONS HAVE BEEN MADE BY THE PUBLIC SAFETY POLICE DEPARTMENT, PUBLIC SAFETY DISPATCH DEPARTMENT, AND THE PLANNING DEPARTMENT. THERE ALSO HAVE BEEN SOME REQUESTS TO ADDITION ADDITIONAL REQUESTS HAVE BEEN MADE TO INCREASE SALARIES FOR SOME EXISTING
[00:40:01]
POSITIONS, AND THOSE ARE ALSO UNDER REVIEW. ON SALES TAX, WE INCORPORATE A 6% INCREASE OVER THE FISCAL YEAR 2024 REVENUES, FRANCHISE FEES. MOST WERE BASED ON THE FISCAL YEAR 2023 REVENUES AND THE ESG OR EMERGENCY SERVICE DISTRICT REVENUES. EXCUSE ME, OUR PROGRAM IS BASED ON THE ESTIMATED AVERAGE COST OF A COMMUNICATION SPECIALIST. THE BUILDING PERMITS REVENUE IS BASED ON AN ESTIMATED 2025 REVENUE PLUS THE ESTIMATED FEES ON 500 NEW HOMES PROJECTED TO BE BUILT IN FISCAL YEAR 2025. BASED ON INFORMATION FROM THE PLANNING AND BUILDING STAFF. THE NEW HOMES ARE AN AVERAGE FEE OF $1,300, WHICH IS ONLY AN INCREASE IN REVENUES OF 650,000.THE ACTUALLY PLANNING ACTUALLY PROJECTED A THOUSAND NEW HOMES, BUT WE ONLY PROJECTED 500 TO BE BUILT IN THE SIX A CITATIONS AND THREE FINES, THOSE WERE BASED ON OUR ANNUALIZED 2023 REVENUES AND MISCELLANEOUS REVENUES WERE ALSO BASED ON 20.3 ANNUALIZED REVENUES. THIS ALSO INCLUDES THE VECTOR CONTROL REVENUES OF 32,660. I KNOW I'M READING ALONG FAST, BUT IF YOU HAVE ANY QUESTIONS, LET ME KNOW. I THOUGHT YOU WERE GOING TO GET THROUGH AND THEN WE'LL ASK A QUESTION. OKAY YOU CAN ASK QUESTIONS. NO. LET HER GET THROUGH, FOR THE GENERAL FUND, THIS IS OUR REVENUE SUMMARY. WE'RE PROJECTING THAT OUR TOTAL REVENUE. TOTAL REVENUE IS GOING TO BE 10,000. I'M SORRY. 10,866,000. AND OUR REVENUES FROM LAST YEAR WERE 10,422,000, OF COURSE, OUR PROPERTY TAXES MAKES UP THE HIGHEST PERCENTAGE OF REVENUE, BUT 47.4. OUR SALES TAX IS AT 36.7. AND OUR BUILDING INSPECTION FEES AT 9.8 POINTS. OUR EXPENDITURES BY FUNCTION FOR THE GENERAL FUND INCLUDE, SALARIES AND PERSONNEL SERVICES AND EVERYTHING THAT WE CONSIDER IN THE EXPENSES. OF COURSE, THE HIGHEST SALARIES AND BENEFITS REMAIN AT 60.9%. AND OUR MAINTENANCE EXPENSES ARE AT 10.3. AND OUR CONTRACTED SERVICES ARE 10.9. THE CONTRACTED SERVICES INCLUDE OUR, PARK MAINTENANCE CONTRACT AND OUR HEALTH SERVICES CONTRACT WITH CITY PARKS. THIS JUST GIVES YOU A PIE CHART OF THE SAME INFORMATION SHOWING THE BULK OF IT COMING FROM SALARIES AND BENEFITS. SO THIS IS A TABLE THAT SHOWS YOU WHERE WE, DETERMINED THE GENERAL FUND INCREASE FOR OVER THE 2024 BUDGET. SO WE START OUT WITH THE 2024 BUDGET THAT WAS AT 2,000,004, 22 TO 40, WE HAD ONE AMENDMENT, BUT THAT WAS JUST BETWEEN DEPARTMENTS. SO THAT JUST IN AND OUT AMOUNT OF 13,000 IN AND OUT. SO A REVISED BUDGET STAYS THE SAME. WE HAVE A MERIT INCREASE OF 75 790. THAT'S THE 3%. AND THE INCREASE TO THE PUBLIC SAFETY SALARIES FOR THE CBA. RENEWAL IS 187 971 LAST YEAR, JUST TO GIVE YOU A PERSPECTIVE, THOSE TWO AMOUNTS WERE ABOUT 365,365. SO THIS IS A LOT LOWER, OUR NET INCREASE IN CAPITAL COST IS 146,008 61. OUR INCREASE IN ELECTIONS IS WE'RE HAVING AN ELECTION NEXT. NEXT YEAR IS 75,006, 21. AND WE HAD A $13,000 INCREASE IN OUR MASS TRANSIT CONTRIBUTION AND THE ESTIMATED INCREASE IN PUBLIC HEALTH AND ENVIRONMENTAL CONTRACT OVER THE BUDGETED AMOUNT FOR 2024 IS 64,506. THE NET EFFECT OF OTHER CHANGES IS 11,505 DEGREES. YOU ADDITIONAL EXPENSES OF 570 529. FOR A DEBT SERVICE, THERE WAS A ACTUALLY IT'S A DECREASE APOLOGY FOR THAT, BUT OUR 2024 BUDGET FOR THAT WAS 2,000,953 123. THIS YEAR IS 3,000,005 123, LARGELY DUE TO THAT NEW BOND ISSUE, FOR THE 2023 CERTIFICATES OF OBLIGATION, WHICH THE PAYMENT NEXT YEAR WILL BE 49,986 GREATER THAN THE YEAR BEFORE. FOR THE COMPONENTS OF THE TAX RATE. THE ANNUAL MAINTENANCE AND OPERATIONS, WHICH IS FOR MAINTENANCE OF EXISTING FACILITIES AND EQUIPMENT, DAY TO DAY OPERATIONS CONDUCTED BY ACCOUNTS STAFF. THE INN'S INTEREST AND SINKING FUNDS WITH INTEREST ON DEBT DUE WITHIN THE FISCAL YEAR, AND THE PRINCIPAL
[00:45:05]
PAYMENTS AS WELL. THIS IS THE 2024 CERTIFIED TOTALS FROM THE TAX OFFICE, AND YOU CAN SEE THAT, THE TAXABLE VALUE OF ALL THE PROPERTY IS THE THIRD LINE DOWN IS 1,000,000,005 82 478 555. SO THIS GIVES YOU THE COMPARISON BETWEEN 2024 AND 2025 TAX RATES. THE VALUATION INCREASED BY 145,202,005 78. THAT'S ABOUT A 10.10% INCREASE. OUR PROPERTY TAX RATES ACTUALLY ONLY WENT UP BY ABOUT 84%, FROM 3.59978 TO 2.363016. OUR DEBT SERVICE ACTUALLY WENT DOWN BY 8.4%, 8.47%, AND IT'S NOW AT 1.96346. THAT'S A TOTAL OF 0.559362, WHICH IS ACTUALLY 2.63 DECREASE FROM THE PRIOR YEAR'S TAX. SO OUR NO NEW REVENUE TAX RATE IS 0.557469. AND THE AND WE'VE ADOPTED USUALLY ADOPT A VOTER APPROVAL RATE TO AVOID A VOTER REFERENDUMS. SO OUR VOTER APPROVAL RATE AND ADOPTED RATE IS PROPOSED AT 25.59362 ON AN AVERAGE HOME, THIS IS ACCORDING TO THE TAX OFFICE OR THE CENTRAL APPRAISAL DISTRICT. EXCUSE ME. THE AVERAGE HOME IS VALUED AT 193,522. AND THAT'S AN INCREASE FROM THE PRIOR YEAR OF $17,616 IN VALUATION. AND THE TAXES WOULD BE INCREASED BY $71.90 ON THE LOW END OF $70,000 HOME. THE TAXES WOULD DECREASE BY $10.59, AND ON THE HIGH END OF $300,000 HOME, THE TAX WOULD DECREASE BY $45 AND $30. OKAY ANY QUESTIONS? THAT WAS A BIG ONE. ARE THERE ANY QUESTIONS ON. SHOWCASE. YEAH. THEY'RE TAKING US TO THE CLEANERS. EVERYBODY'S ON THE SAME PAGE. BUT I LISTENED TO, THE PRESENTATION FROM CAD AT THE COUNTY. COMMISSIONER'S COURT MEETING ON MONDAY, AND, ALL THESE FORMULAS AND ALL THIS STUFF THEY CLAIM IS DICTATED BY THE STATE, AND THEY'RE JUST FOLLOWING THE PROCEDURES OF THE STATE, AND THEY'RE SUPPOSED TO BE USING MARKET VALUE AND BLAH, BLAH, BLAH, BLAH. SO WE'LL NEVER WE'LL NEVER BE ABLE TO DEVALUE OUR HOMES. THAT'S TRUE. WOW. IS THERE ANY OTHER QUESTIONS SO FAR OR ARE WE GOING TO GO THROUGH EACH INDIVIDUAL? I JUST FIGURED THAT WAS A GOOD STOPPING POINT BECAUSE THERE WAS A LOT OF INFORMATION THAT WAS THROWN OUT THERE. SO I DON'T KNOW IF YOU WANT TO START AT THE BEGINNING, IF YOU JUST IF YOU WANT TO CONTINUE OR IF YOU WANT TO GO AHEAD AND CONTINUE. BUT I HAD SPECIFIC QUESTIONS AND I DON'T KNOW IF WE CAN GO. I CAN ASK THEM. ALL RIGHT. DO WE HAVE ANY IDEA WHAT IT'S GOING TO BE? HAVE THEY RESPONDED? THEY DID. AND I WERE VERY SURPRISED. YEAH, IT CAME IN AND THEY GIVEN US AN ESTIMATE. THEY STILL HAS TO GO THROUGH THEIR FINAL REVIEW, BUT IT'S AT 221,000. AS OPPOSED SO IT'S ABOUT, I THINK IT WAS 10,000 MORE THAN THE REVISED ONE FROM LAST YEAR. OKAY. IS THAT WHAT YOU HAVE IN HERE? THE 220? NO, I DON'T I HAVE ACTUALLY, I ESTIMATE, OVERESTIMATED. I PUT IN 236,000. OKAY. SO YOU'RE WHITTLING AWAY AT THIS 140. YES. YEAH. SLOWLY BUT SURELY. AND THEN OTHER THINGS GO UP. SO.YEAH. YEAH. I HAD A QUESTION. WHEN YOU PUT IN YOUR NUMBER FOR YOUR REVENUE NUMBER FOR FINES AND CITATIONS, IS THAT FINES AND CITATIONS IS THAT ASSESSED OR COLLECTED. COLLECTED. OKAY YES, SIR. JUST ON THE MASS TRANSIT CONTRIBUTION. THAT'S NOT GOING TO INCREASE, RIGHT, ACTUALLY, WHAT HAPPENED IS THAT LAST YEAR WE BUDGETED 100,000. IT CAME IN AT 87,800. OKAY AND THIS YEAR, WE'RE ESTIMATED 100,000 AGAIN. I UNDERSTAND THAT THEY'RE GOING TO BE HIRING A EXECUTIVE DIRECTOR.
SO THE SPECULATION IS THAT THAT CONTRIBUTION IS PROBABLY GOING TO GO ABOVE WHAT IT WAS LAST YEAR. SO THAT'S WHY WE'RE BUDGETING 100,000. OKAY AND HAVE YOU HEARD ANYTHING ON THAT
[00:50:02]
RELATED TO THE FACT THAT, SOCORRO WAS TALKING ABOUT DROPPING OUT OF THIS? THAT'S WHAT THEY ARE. THEY. YEAH, THAT'S WHY WE INCREASED IT. YEAH, THAT'S BACK TO THE 100.100. IT MIGHT BE MORE. IT MIGHT BE MORE. ACTUALLY, SOCORRO NEVER JOINED, SO THEY NEVER THERE. BUT THEY WERE ALLOCATED EXPENSES. SO I'M SAYING NO, NEVER ALLOCATED. THEY WOULD NEVER JOIN. SO THEY'RE THE ONLY THE ONLY PEOPLE THAT. I HAVE A QUESTION BASED ON YOUR, MY FIRST QUESTION ANYWAY, ON THE, ON THE COVER MEMO WHERE YOU TALK ABOUT ADDITIONAL EMPLOYEES AND RELATED EXPENSES ARE STILL UNDER REVIEW. WHO'S WHO'S DOING THE REVIEW AND WHAT KIND OF REVIEW ARE YOU DOING? AND ARE WE FULLY STAFFED AS WE ARE NOW? WE ACTUALLY HAVE, 86 ACTIVE EMPLOYEES AND WE HAVE TEN VACANCIES, TEN VACANCIES IN WHICH DEPARTMENT IN, PUBLIC SAFETY, POLICE PUBLIC SAFETY DISPATCH, PLANNING, HR OR ADMINISTRATION. AND THE REVIEW IS THE REVIEW MYSELF AND MYSELF AND, THE DEPARTMENT HAS WHEN WILL THAT BE RESOLVED, NEXT WEE, WE SHOULD HAVE AN ANSWER TO YOU, TO THOSE. AND THEN WE WILL SEND OUT, WELL, OF COURSE, THE ADJUSTMENTS ARE MADE HERE. WE'LL SEND THEM OUT FOR YOUR REVIEW. WE'LL INCLUDE THEM IN THE AUGUST 27TH. PRESENTATION OKAY. I HAVE ANOTHER QUESTION. YES, SIR. THE 3%, DOES THAT ALSO INCLUDE WHAT WE HAD? I GUESS COMPROMISED WITH THE DISPATCHERS, THE DISPATCHERS, AND BRINGING THEM UP TO THE RANGES ON THE DISPATCHERS? YES. NO THAT ONE. WE HAVE WE INCREASED THEIR, HOURLY RATES, THEY CURRENTLY STILL HAVE THREE OPENINGS IN THEIR DEPARTMENT. THEY'RE HAVING A HARD TIME. STILL RETAINING EVEN WITH THAT INCREASE IN. SO HISTORICALLY, I THINK WHAT THE PAST THREE YEARS, WE'VE DONE A 5%, AND THIS YEAR WE'RE GOING WITH 3% BECAUSE OF THAT SHORTFALL, WE KNEW THAT THAT WAS GOING TO BE SOME CONSTRAINTS ON THE CITY. SO WE WENT AHEAD WITH THE 3% RATHER THAN 5%. OVERALL, YOU TALKED ABOUT OVERALL, YES. SO WHAT IS THE, PROPOSED TAX INCREASE? THE TAX INCREASE, ACTUALLY, IT'S ACTUALLY IT'S A DRUNKS RATE DECREASE, 2.6% DECREASE FROM LAST YEAR. OKAY THE DEBT SERVICE IS THE ONE THAT WENT DOWN ALMOST. I WAS LOOKING AT THE, LOOKING AT WHERE THE 3% WENT IN. AND ON SOME OF THE DEPARTMENTS, IT SEEMED LIKE IT WAS MORE. IS THAT BECAUSE OF SOME ADJUSTMENTS THAT HAVE BEEN DONE PRIOR TO ADDING THE 3% OR. YES OKAY. I HAVE ONE QUESTION ON STREETS. SOMEBODY WANTS TO ANSWER. WHAT PAGE I'M ON PAGE 11, THE NOTES SAY THAT THE EQUIPMENT THAT YOU'RE BUYING FOR STREET IS REPLACEMENT FOR THE CRACK SEALING MACHINE, I KNOW THAT, THAT'S WHAT THE NOTES SAY, BUT WHAT IS IT THAT THAT. THAT'S INCORRECT. OKAY. CORRECTED.
YEAH. WHAT IS IT FOR THEN? SO BASICALLY IT WOULD BE TO PURCHASE, OTHER EQUIPMENT, AT THIS POINT I'M ACTUALLY LOOKING AND PURCHASING A ROVER TO DO INSPECTION FOR THE, FOR THE, DRAINAGE PIPES. SO I'LL GO AHEAD AND MAKE THAT, CORRECTION. SO YOU A ROVER? A ROVER? A ROVER FOR DRAINAGE PIPES. SO BASICALLY IT'S A IT'S A, IT WOULD BE A, KIND OF LIKE AN X RAY. NO IS THAT. IT'S LIKE A, LIKE A SMALL MOTOR VEHICLE WITH A CAMERA. SO BASICALLY JUST TO GO THROUGH THE DRAINAGE. YEAH. CORRECT YEAH. IT'S A WHAT. SO IT'S A IT'S A REMOTE CONTROL, A SMALL TRUCK WITH A CAMERA. SO BASICALLY WE CAN DRIVE IT INTO THE DRAINAGE, INTO THE PIPES TO SEE IF THERE'S ANY ISSUES WITH CRACKS. SO THAT'S ONE OF THE EQUIPMENT THAT I'M ACTUALLY, ADDITIONAL
[00:55:06]
EQUIPMENT THAT I'M LOOKING TO PURCHASE, NEXT FISCAL YEAR. OKAY. AND WHAT IS THAT GOING TO COST? $108,000? OKAY. OR IS THAT THE EQUIPMENT YOU ACTUALLY HAD ON THE STORM WATER? NO, NO.OKAY. YEAH SO, BUT YEAH, LIKE I SAID, YOU KNOW, WE'LL MAKE THOSE ADJUSTMENTS. IN THIS MEETING, DO YOU KNOW HOW MUCH IT'S GOING TO COST? MOSTLY WE'RE LOOKING AT AROUND, ANYWHERE FROM 20 TO 30,001 CHIPPING AWAY, CHIPPING AWAY? YES, SIR. WE'RE STILL USING COMICS TO, PATCH UP THE POTHOLES. YES COLD MIX AND HOT MIX. YES. OKAY OKAY. THANK YOU. SIR. OKAY. ANY OTHER QUESTIONS UP TO THIS POINT? I HAVE A QUESTION. ANOTHER QUESTION ON, PLANNING. PLANNING THE SALARIES SEEM TO BE SHORT. YES. IS OKAY. NO, IT'S NOT OKAY. SO WE'RE CHIPPING AWAY, BUT SOMETHING'S BEEN LEFT OUT HERE. IS THAT CORRECT? YES OKAY. AND THERE, AS YOU KNOW, THE HR MANAGER HELPS WITH THE DATA ENTRY ON THE ON THE SALARIES. RIGHT AT THE POINT THAT SHE STOPS BECAUSE SHE DIDN'T KNOW WHAT THE FINAL DECISION WAS ON WHAT TO BUDGET THAT POSITION FOR, AND THEN SHE NEVER WENT BACK AND PUT IT IN AND I DIDN'T NOTICE IT UNTIL AFTER I'D ALREADY PUT INTO PLACE. SO BUT. OKAY. SO WE'RE GOING BACK UP AGAIN. OKAY CHIPPING AWAY CHIPPING AWAY.
WE'RE GONNA FIND IT. DON'T WORRY. IT'S A WORK IN PROGRESS IN MANY RESPECTS. OKAY? YES, SIR. I HAVE A QUESTION ON THE COLLECTIVE BARGAINING AGREEMENT. YES, SIR. NOT YET BEEN SIGNED.
WHAT? WHAT IS THE STATUS? STATUS OF THE COLLECTIVE BARGAINING AGREEMENT? I'M SORRY. THE STATUS OF THE COLLECTIVE BARGAINING. OH, THE COLLECTIVE BARGAINING, I HAVE SPOKEN TO THE OTHER SIDE.
THEY HAVE CONCEPTUALLY AGREED, WE'RE EXCHANGING THE FINAL DOCUMENTS, AND WE SHOULD HAVE IT READY FOR YOU ALL. EVEN NEXT WEEK, IT'S BEEN NICE TO HAVE IT BEFORE THIS, BUT I UNDERSTAND IT WAS. IT WAS A LONG PROCESS THIS TIME, BUT THAT NUMBER ITSELF, IF YOU GO. WHAT PAGE? YES, WE SAW THEM. YEAH SO YOU'LL SEE WHAT IT IS NEXT YEAR. DON'T KNOW WHETHER IT APPLIES TO. SO NEXT YEAR.
THAT INCREASE. SO THIS INCREASE WILL BE EVERY OTHER YEAR. IF THE CLIP WAS ON HERE RIGHT I WOULD HAVE IT WOULD HAVE. YOU'RE GOING TO HAVE US. WE WILL HAVE WE WILL HAVE THAT FIXED FOR YOU BY NEXT.
NEXT MEETING OKAY. MY NEXT QUESTION HAS TO DO WITH IT. IT YES. THERE'S 50,000 HERE FOR SOFTWARE, WHAT IS WHAT IS THAT FOR? SINCE MOST SOFTWARE IS SAAS SOFTWARE AS A SERVICE? IT'S NOT IT'S NOT ANYTHING THAT YOU PURCHASE AND KEEP. GIVE ME A PAGER. NUMBER 50,000. 50,000.
YES YES. YEAH. THAT'S THE. YEAH. THAT WAS THE WE'RE LOOKING AT THAT'S CONSIDERED A CONTINGENCY.
WE'RE LOOKING AT SOFTWARE FOR A UPGRADE TO THE WEBSITE. WE ESTIMATE THE COST IS GOING TO BE ABOUT 27,000 OR 50,000, IN CASE THERE'S SOMETHING ELSE THAT COMES UP. I GUESS MY POINT IS SOFTWARE, NOBODY OWNS SOFTWARE ANYMORE. SO IT CAN'T BE A CAPITAL EXPENDITURE. OH I SEE OKAY. I GUESS THAT'S THAT'S REALLY MY POINT. IT NEEDS TO BE. YEAH UNLESS I'M WRONG ABOUT THIS SOFTWARE, I DON'T I DON'T KNOW WHAT KIND OF IT IS, BUT ALL ALL PRETTY MUCH ALL SOFTWARE MAKERS HAVE FOUND THAT THEY MAKE MORE MONEY BY RENTING THEIR TOOLS. YEAH. SO YEAH. SO WE HAVE PERPETUAL MAINTENANCE ON IT. YES SO THIS WOULD BE FOR THE REDESIGN OF THE CITY WEBSITE TO MAKE IT MORE USER FRIENDLY, AND SO IT'LL BE A COMPLETE REDESIGN OF EVERYTHING TO INCORPORATE THE, THE CAMERA SYSTEMS, THE NEW CAMERA SYSTEMS THAT WE HAVE. SO. OKAY YOU WANT TO PROCEED FROM WHERE YOU WERE AT THAT. THAT'S ALL I HAD AT THAT POINT. THAT WAS IT. OKAY. ARE THERE ANY OTHER QUESTIONS? I GUESS NEXT WEEK WE'LL SEE A BALANCED BUDGET. YES YEAH. THAT'S OUR
[01:00:03]
INTENTION. I HAVE A QUESTION ABOUT THE SPECIAL FUND. OKAY WE'RE REQUIRED TO WEAR, THE SPECIAL EVENTS, IF I CAN RECALL, WE WERE SUPPOSED TO BE TAKING OVER THE CHRISTMAS. CHRISTMAS PARADE, AND I DIDN'T SEE ANY SORT OF REVENUE FOR THAT BECAUSE IT LOOKS LIKE IT WENT UP. RIGHT.IS THAT WHAT YOU WERE LOOKING AT? THAT IT INSTEAD OF FOR THE CHRISTMAS PARADE? SPECIAL EVENT.
SPECIAL EVENT, PAGE 38. ON PAGE FIVE. PAGE 38, 38, 38. ALL MY PAGES ARE PAGE ONE. NO, THAT'S NOT IT. NO, NO, NO SPECIAL EVENTS FUND. YEAH, THAT'S IT, THAT'S IT, THAT'S ALL THE FIREWORKS DISPLAY THAT WE HAVE. I DIDN'T WATCH ANYTHING FOR FREE. YEAH, WE HAVEN'T BUDGETED ANYTHING THERE BECAUSE WE'RE STILL IN THE PROCESS OF GETTING THE PARTNERSHIPS TOGETHER WITH THE, VOLUNTEERS AND, TRYING TO GET THOSE NUMBERS TOGETHER FOR THAT PARADE CONSULTANT. THIS WAS OUR FIRST GO ROUND. WE ARE GOING TO NEED THE HELP OF SOME OF THE VOLUNTEERS OVER AT THE SENIOR CENTER THAT ACTUALLY RAN IT LAST YEAR, THE EXPENDITURES AND THE EXPENSES FOR THAT WERE ACTUALLY COVERED THROUGH THE REGISTRATION FEES THAT WERE COVERED. SO, FROM LAST YEAR'S I DON'T HAVE NUMBERS YET FROM THEM AS TO WHAT LAST YEAR'S NUMBERS WERE. SO I HAVE A QUESTION. SO ON THE CHRISTMAS PARADE. BECAUSE THEY HAVE IT UNDER PUBLIC SAFETY, THE CHRISTMAS PARADE FROM 2300, IT WENT UP TO 4000. IT'S GOING TO GO UP TO 4000, 4800, WHERE ARE YOU LOOKING AT PAGE 13. THAT'S JUST THE EXPENSES RELATED TO. THAT'S WHAT I'M SAYING. BUT WHAT HAPPENED TO THE REVENUE COMING IN FROM US TAKING OVER THE PARADE? I DON'T HAVE WE DON'T HAVE THOSE NUMBERS YET. YEAH, I DON'T HAVE. SO ARE WE GOING TO BE ADJUSTING THIS BUDGET AS WELL? YEAH OR I MEAN, YOU'RE GOING TO TAKE A GUESS I GUESS. BUT, UNTIL I GET INFORMATION FROM THEM AND I HAVE TO, I DON'T KNOW, I DON'T EVEN KNOW WHAT THE REGISTRATION NUMBERS WERE LIKE FOR THEM, AND THAT'S IF THEY SHARE THAT INFORMATION WITH US. AND THAT WOULD BE THE CENTENNIAL LION'S CLUB. THAT'S WHO RAN THE PARADE LAST YEAR OR PREVIOUS YEARS. WHAT? DO YOU HAVE ANY IDEA HOW YOU'RE GOING TO GENERATE THE REVENUE? I MEAN, IS IT JUST GOING TO BE ENTRY FEES IS THAT YOU'RE GOING TO BE ENTRY FEES IS HOW THEY GENERATE IT. SEEMS LIKE YOU COULD MAYBE MAKE SOME FAIRLY GOOD ASSUMPTIONS THERE. SO CURRENTLY RIGHT NOW I'M IN DISCUSSIONS WITH THE SENIOR CENTER VOLUNTEERS. SO VOLUNTEERS FROM THE SENIOR CENTER ARE ALSO MEMBERS OF THE CENTENNIAL LIONS CLUB. NOW THEY HAVE TO FIND OUT WHETHER THE LIONS CLUB IS GOING TO ALLOW THAT INFORMATION TO BE PASSED OVER TO US. WELL, A COUPLE YEARS AGO, I DON'T REMEMBER WHAT YEAR IT WAS, THERE WAS AN ISSUE WITH THE TWO LIONS CLUBS AND WHATEVER EAST LAKE LIONS CLUB AND THE CITY, THE CITY, THEY ASKED THE CITY TO REFEREE THE REFEREE AND TO HANDLE THE, THE PROCESSING OF THE FUNDS, NOT THE COLLECTION OR ANYTHING, BUT THE PROCESSING OF THE FUNDS AND REPORTING THE EXPENSES. SO IF WE GO BACK A COUPLE OF YEARS, YOU SHOULD PROBABLY BE ABLE TO GET AN ESTIMATE OF WHAT THEY ACTUALLY SPENT AND THEN INFLATE IT FOR THE FACT THAT NOT EVERYTHING HAS DOUBLED IN COST. YEAH. THE LAST THE LAST ESTIMATE I GOT WAS, $8,500 IN REVENUES. THAT'S WHAT THEY RECEIVED OUT OF REGISTRATIONS. I DON'T KNOW IF THAT IS CORRECT, BUT THAT IS I DON'T THINK IT WAS THAT MUCH.
BUT THEN THE PARADE ROSE EVERY YEAR, SO. I WANT TO GO BACK JUST TO MY PREVIOUS QUESTIONS ABOUT CITATIONS AND FINES. YES, SIR. IN YEARS PAST, WE'VE HAD ISSUES WITH COLLECTIONS IN THE COURTS, IN THE COURTS, WE USED TO RUN WARRANTS, SWEEPS AND ALL KINDS OF THINGS TO TRY TO RECOUP SOME OF THAT. HAS THAT BEEN HAPPENING OR IS THERE A REPORT ON HOW MUCH WE RECORDED? IT WAS PRETTY AWFUL THE LAST TIME I SAW IT. ARE WE COLLECTING OUR MONEY BETTER THAN WE WERE, OR IS IT STILL. I'D KIND OF LIKE TO UNDERSTAND THAT HOW THE COURTS ARE OPERATING A LITTLE BETTER. IT SEEMS LIKE WE
[01:05:01]
DON'T HEAR MUCH FROM THE COURT. AND I CAN HAVE MARIO COME IN NEXT WEEK. I WOULD LIKE TO SEE, AND I UNDERSTAND THAT WE CAN PROBABLY GO ON HISTORICAL INFORMATION FOR THE REVENUES, BECAUSE THAT'S WHAT WE COLLECT. BUT I'D ALSO LIKE TO UNDERSTAND HOW MUCH WE'RE NOT COLLECTING AND TO SEE IF THERE'S ANY WAY TO ADDRESS THOSE ISSUES, BECAUSE ALTHOUGH WE'RE NOT GOING TO BALANCE WELL, WE MIGHT BALANCE THIS KIND OF BUDGET WITH SOME IMPROVEMENT IN THOSE COLLECTION.IF IT'S WHERE I THINK IT'S GOING TO BE. SO. YES, SIR. YEAH. AND WE'LL MAKE THAT ARRANGEMENT FOR NEXT MEETING. WHAT WE GOT SKIPPED. JUST LIKE MY FAMILY. I HAVE A QUESTION FOR THE POLICE, FOR THE CHIEF. YES, CHIEF. THE POLICE DEPARTMENT AND, 911 DEPARTMENT. GET A RAISE. YES. SO THE. YES. SO. YES, MA'AM. SO. OKAY, SO THE DISPATCHERS LAST YEAR DID GET THEIR RAISE, AND THEN THIS YEAR WE'RE COMING. I MEAN, WE I THINK IT WAS AGREED LAST YEAR THAT WE SHOULD BRING THE NEXT INCREASE. THE OVERALL RATE INCREASE BEFORE YOU GUYS FOR YOUR FOR YOUR CONSIDERATION BEFORE WE INDIVIDUALIZE IT. YES. SO THE DISPATCHERS WERE GIVEN THE RAISE LAST YEAR OKAY. YES.
THANK YOU. ARE THERE ANY OTHER QUESTIONS FROM COUNCIL. KEEP IN MIND THIS IS A BUDGET AND PROCESS AND HOPE SO. THERE THERE ARE YOU KNOW THERE THIS IS A HEFTY UNDERTAKING, YOU KNOW, AND, AND AS WE, AS WE MOVE FORWARD, THAT'S WHY WE HAVE THESE MEETINGS SCHEDULED, SO THAT WAY WE HAVE OUR DEADLINES HERE AND WE CAN GO FORWARD. AT THE MOMENT, I DO HAVE ANOTHER QUESTION. EXCUSE ME. AT THE MOMENT, ARE YOU LOOKING AT. THE NO NEW REVENUE TAX RATE. ARE YOU LOOKING AT NOT INCREASING THE TAX RATE. ARE YOU GOING TO THE VOTER. NO, NOT TO INCREASE. NOT TO INCREASE. YEAH. THAT'S KIND OF WHAT YOU'RE TRYING TO DO HERE. YES OKAY OKAY. YEAH I DO NOT WANT TO INCREASE TAX AT ALL RIGHT NOW. EVEN TAKE IT TO THE LOWER TAX RATE. WELL TAX RATE ITSELF BECAUSE YES TAX VALUE. OF THAT. YES. WELL THE VALUE. YEAH. AND THE VALUATIONS THAT CAD TOLD US THAT THE THERE WERE A, A LARGE NUMBER OF PROTESTS THIS YEAR AS WELL. SO THAT'S WHY OUR VALUATIONS CAME DOWN AS WELL. SO, SO, SO THAT'S, THAT'S THAT NUMBER WASN'T AS HIGH AS WE HAD PROJECTED, SO ANY OTHER QUESTIONS FROM COUNCIL. YES. NO OKAY. THANK YOU SO MUCH MA'AM.
WE HAVE A LET'S SEE. I DON'T EVEN KNOW WHAT NUMBER WE WERE ON. ARE WE ON NUMBER TEN? RIGHT.
YEAH. SO, WITH THAT BEING SAID, IS THERE A MOTION TO ACCEPT THE REPORT OR DO WE HAVE TO. NOTHING ELSE? NOT NOT A FINAL REPORT. THE PROPOSED RATE TO THE PROPOSED, THE TAX, THE PROPOSED TAX. BUT WE JUST SAID 557559936362, WHICH IS THE VOTER APPROVED. NO. SO IT COMES OUT TO YEAH. -2.6. THIS IS A DECREASE THOUGH A DECREASE OF 2.63 OVER THE LAST CONDITIONS ON THE RATE OKAY. AND THE VOTER APPROVAL RATE. NOT THE VOTER. I MEAN COUNCIL, KEEP IN MIND THAT WE WILL WE'LL PUBLISH THIS THE VOTER APPROVED RATE. AND IF SOMETHING HAPPENS AND YOU ALL DECIDE YOU WANT TO LOWER, YOU CAN ALWAYS GO LOWER, BUT YOU CAN'T GO HIGHER. SO THIS GIVES YOU A LITTLE BIT OF MANEUVERING ROOM IN CASE THERE'S THINGS THAT COME UP AS YOU REFINE YOUR BUDGET. SO THE VOTER APPROVED RATE LEAVES YOU A LITTLE BIT OF ROOM OF GOING. YOU COULD GO TO NO NEW REVENUE IF YOU WANTED TO LATER, BUT BUT WE'RE GOING TO PUBLISH IF I MEAN, IF YOU ALL APPROVE THAT, WE'LL PUBLISH THE VOTER APPROVED RATE. OKAY. SO I'LL MAKE THAT MOTION. OKAY I'LL SECOND, WE HAVE A SECOND. WE HAVE A MOTION AND A SECOND I'LL SECOND. WE HAVE A SECOND. PLEASE CALL THE COUNCIL. ALL RIGHT. HI HI. HI HI. HI MENDOZA. A MOTION CARRIES. THANK YOU. COUNCIL.
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THANK YOU. OH THERE ARE NO FURTHER ITEMS. I WILL ENTERTAIN A MOTION TO ADJOURN. MOTION TO ADJOURN. AND WE ARE ADJOURNED. THANK YOU ALL SO VERY MUCH. AND WE WILL SE* This transcript was compiled from uncorrected Closed Captioning.