[Economic Development Committee]
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I'M VICE MAYOR PRO TEM.MARTHA CASTEX TATUM, CHAIR OF THE ECONOMIC DEVELOPMENT COMMITTEE, AND I AM CALLING THIS MEETING TO ORDER.
WANT TO WELCOME ALL COMMITTEE AND COUNCIL MEMBERS AND STAFF AND GUESTS IN ATTENDANCE.
UH, TODAY WE HAVE COUNCIL MEMBER TASHA JACKSON.
UH, HERE IN THE CHAMBER WE HAVE, UH, COUNCIL MEMBER TIFFANY THOMAS IN CO CHAMBER COUNCIL MEMBER SALLY ALCORN IN THE CHAMBER.
AND WE HAVE STAFF FROM, UH, AMY PECK'S OFFICE AND STAFF FROM VICE CHAIR GALLEGOS OFFICE.
AND WE ALSO HAVE A COUPLE OF STAFF MEMBERS ONLINE FROM, UH, DISTRICT E MAYOR PRO TIM MARTIN'S OFFICE AND STAFF FROM AT LARGE TO COUNCIL MEMBER DAVID ROBINSON'S OFFICE.
UH, ALSO ONLINE IS STAFF FROM DISTRICT H CARLOS CIRO CIS OFFICE, AND WE WILL GO AHEAD AND GET STARTED.
COUNCIL MEMBER GALLEGOS IS, UM, UNABLE TO JOIN US TODAY, BUT WE'RE GLAD TO HAVE HIS STAFF ATTENDING ON HIS BEHALF.
IF YOU WILL HOLD YOUR QUESTIONS UNTIL THE END OF THE PRESENTATION.
UH, IF YOU'D LIKE TO ASK A QUESTION AND PRESIDENT CHAMBER REQUEST TO SPEAK.
UH, WE DO HAVE TWO PUBLIC SPEAKERS WHO HAVE SIGNED UP TO SPEAK TODAY.
IF THERE ARE ANY OTHER ADDITIONAL, UH, PUBLIC SPEAKERS THAT HAVE JOINED US IN THE CHAMBER OR WOULD LIKE TO SPEAK VIRTUALLY, YOU CAN INDICATE THAT YOU WISH TO SPEAK IN THE CHAT POD AND I WILL RECOGNIZE YOU.
UH, PUBLIC SPEAKERS WILL HAVE A CHANCE TO SPEAK AT THE CONCLUSION OF THE PRESENTATION.
ANY OTHER MEMBERS OF THE PUBLIC, PLEASE USE THE CHAT POD TO POST YOUR QUESTIONS AND COMMENTS.
I ALSO SEE COUNCIL MEMBER PLUMMER HAS JOINED US ONLINE AS WELL.
UH, TODAY ON OUR AGENDA, WE HAVE CHIEF DEVELOPMENT OFFICER ANDY ICKEN, AND DEPUTY DIRECTOR OF THE OFFICE OF ECONOMIC DEVELOPMENT, GWENDOLYN TILLSON BELL, AND THEY WILL BE PRESENTING ON OUR TURS PROPOSALS, UH, CHIEF IKIN AND DEPUTY DIRECTOR TILLSON BELL.
IF YOU ARE READY, WE CAN PROCEED WITH THE PRESENTATION.
UH, LET ME START AND I'LL START WITH THE, UH, PROPOSAL.
UH, THE BACKGROUND OF WHAT WE HAVE IS GOING TO GO OVER, UH, FIRST WHAT THE ANNEXATION RULES ARE AS DEFINED BY THE STATE.
AND I'LL GO BACK TO WHAT THAT SETS UP.
UH, YOU ARE AWARE THERE'S BEEN SOME MEDIA DISCUSSION OF THE IMPACTS ON DISSOLUTION OF A TURS.
I'LL GIVE YOU SOME EXAMPLES OF WHAT THE IMPACT ON THAT SHOULD COULD BE.
UH, WE ALSO WILL HAVE A PROPOSAL OF WHAT WE ULTIMATELY COME FORWARD IN OUR FINANCIAL POLICIES OF THE CITY AS PART OF THAT, UH, THEN GWEN WILL PICK IT UP WITH THE PROPOSALS WE ARE MAKING ON ANNEXATIONS AND ON CREATIONS THIS YEAR.
THEY ARE LIMITED IN SCOPE, BUT THEY ARE ONES THAT, UH, FIVE DIFFERENTT AND ONE CREATION, UH, ARE IMPORTANT TO THEM AND WE'D LIKE TO GET THEM ON.
OUR PLAN IS TO, UH, HAVE THEM ON WITH A PUBLIC HEARING NEXT WEDNESDAY AND THE VOTE ON THE SAME DAY.
THEY'RE NOT EXTENSIVE IN TERMS OF ACREAGE, BUT THEY ARE IMPORTANT TO THE FUTURE DEVELOPMENT OF THESE T.
UM, SO LEMME GO TO THE NEXT PAGE, BUT LET, LEMME STOP YOU RIGHT THERE.
I WANT TO MAKE SURE I UNDERSTOOD WHAT YOU SAID.
WE'RE GONNA HAVE THE PUBLIC HEARING ON THE 14TH AND VOTE ON THE 14TH.
AND, AND LET ME RECOGNIZE COUNCIL MEMBER, UH, MARIANNE HUFFMAN, WHO'S ALSO JOINING US ONLINE.
UH, TS ARE ROOTED IN STATE LAW.
UH, THE STATE LAW COMES OUT OF THE TAX CODE, LOCAL GOVERNMENT CODE THREE 11.006.
AND THERE ARE TWO RULES THAT WILL APPLY TO WHAT WE'RE GOING TO TALK ABOUT ON ANNEXATION.
SO YOU HAVE THAT PERSPECTIVE BEFORE WE GO IN.
FIRST OF ALL, ANY TERMS WE CREATE OR AMEND, UH, MUST IN FACT NOT EXCEED 30% OF THE PROPERTIES BEING RESIDENTIAL IN THEM.
WE'VE HAD TO MAKE CHANGES OVER TIME TO ANNEXATIONS, UH, BECAUSE OF THAT CRITERIA.
IT DOES NOT IMPACT ANY THAT WE'RE GOING TO SHOW YOU TODAY, BUT BE AWARE OF THAT MORE FUNDAMENTALLY, UH, THIS, A MUNICIPALITY CANNOT PUT MORE THAN 25% OF THE TAXABLE VALUE OF THE TOTAL MUNICIPALITY INTO T.
UH, WE'VE BEEN UP HERE AT COUNCIL, WE'VE TALKED ABOUT HOW WE HAVE MOVED TOWARDS THERE.
WE'LL SHOW YOU THE NUMBERS WHERE THESE PROPOSALS ARE, WHERE WE ARE TODAY, AND WHERE WE WILL BE AT THE END OF THIS.
I WILL ASSURE YOU WE'RE USING ONLY A VERY SMALL PERCENTAGE OF THE ROOM WE ALLOW ON THAT CRITERIA HERE, BUT WE'LL BE VERY SPECIFIC ABOUT THAT IN A MOMENT.
THE WORD DISSOLUTION BECAME INVO HERE A FEW DAYS AGO, A FEW WEEKS AGO WITH A CONVERSATION, UH, BROUGHT FORWARD BY THE CHRONICLE.
AND WHAT I'M GONNA SHOW YOU, AND
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I'LL SHOW YOU IN NUMBERS ABOUT THIS, THAT IF WE WERE TO DISSOLVE AND WE'RE GONNA USE YOU TWO CASES, THE TWO LARGEST TURS, WE HAVE UPTOWN AND MIDTOWN HERE.AND WHAT I WILL SHOW YOU IS THERE WOULD BE A SIGNIFICANT NEGATIVE IMPACT ON THE CITY WERE WE TO DO THAT.
I'LL EXPLAIN THE REASONS AND THE NUMBERS WHEN WE GET TO IT.
UH, BUT THE FUNDAMENTAL ISSUE ULTIMATELY COMES DOWN THAT WITH THE DISSOLUTION OF AURS BY STATE LAW, THE CITY IS REQUIRED TO AB ABSORB ALL THE OBLIGATIONS OF THE TURS.
UH, AND THAT'S, THOSE OBLIGATIONS ARE NOT ONLY DEBT THAT THEY HAVE ISSUED, BUT ANY CONTRACT COMMITMENTS THAT THEY HAVE MADE, UH, OR ANY CONSTRUCTION CONTRACTS THAT ARE IN PLACE WOULD HAVE TO BE ABSORBED BY THE CITY AND PUT ON THE CITY'S GENERAL FUND ROLES.
YOU'RE AWARE THAT OUR TOURS PROJECTS OVER TIME HAVE FOCUSED ON INFRASTRUCTURE.
UH, WE CIRCULATED SOMETHING ABOUT A YEAR AND A HALF AGO THAT SAID OVER 80% OF TURS PROJECTS OVER THE LAST DECADE WERE IN FACT ROADS, DRAINAGE OR PARK SPACE, UH, WITHIN THE CITY.
UH, THAT'S STILL THE CASE TODAY.
BUT IN ORDER TO ACCOMPLISH PRO PROJECTS LIKE THAT, WE HAVE HAD TO TAKE ON DEBT IN THESE TURS, UNLIKE WHAT WE DO IN REBUILD HOUSTON ELSEWHERE.
THE MAJOR INFRASTRUCTURE PROJECTS THAT T HAVE DONE REALLY ARE DESIGNED TO OPEN DOORS FOR ECONOMIC DEVELOPMENT.
UH, THEY ARE LARGE PROJECTS, TYPICALLY, THEY'RE TYPICALLY DONE IN CONCERT WITH THE CITY CIP PROJECTS IN THE AREA, SOMETIMES IN DIRECT COLLABORATION WITH CITY CIP PROJECTS, BUT THEY REALLY ARE VERY SIGNIFICANT PROJECTS THAT CHANGE AN AREA.
UH, LASTLY, STATE LAW REQUIRES THAT IF IT, IT, IT IS A PETITION TERMS AND WE HAVE SEVERAL, AND THE UPTOWN ONE WOULD BE THE WORST ONE, YOU MUST DEDICATE ONE THIRD OF THAT INCREMENT TO AFFORDABLE HOUSING.
IN ADDITION TO THAT, OVER THE YEARS, SEVERAL OTHER TS HAVE SIGNED IN WHAT'S CALLED THE TRI-PARTY AGREEMENT BETWEEN THE CITY, THE REDEVELOPMENT AUTHORITY, AND THE TURS TO ALSO DO THAT.
GENERALLY WHAT WE DO IS POOL THAT MONEY AND MANAGE IT OUT OF THE HOUSING DEPARTMENT.
UH, THERE ARE FEW EXCEPTIONS, AND I'LL MENTION THOSE WHEN WE GET TO IT.
AGAIN, UH, I'LL DRILL DOWN A LITTLE BIT ON THE DISSOLUTION EVALUATION THAT WE CONSIDER ON A CASE BY CASE BASIS.
UH, WE WOULD HAVE TO BE, WE, WE WOULD BE REQUIRED TO TAKE THE TOTAL AMOUNT OF BONDED DEBT ON INTO THE CITY.
I'LL QUANTIFY THAT IN A COUPLE MINUTES HERE.
WE WOULD BE REQUIRED TO ASSUME THE TOTAL COST OF OTHER OUTSTANDING OBLIGATIONS, DEVELOPER INFRASTRUCTURE AGREEMENTS THAT HAVE BEEN SIGNED BY THE TS THAT REQUIRE THEM TO REIMBURSE THE TAXES PAID BY THAT DEVELOPER AND ACTIVE CONSTRUCTION CONTRACTS.
UH, IN ADDITION, THERE'S ADDITIONAL GRANT FUNDING THAT OFTEN HAPPENS, AND I'LL GIVE YOU A COUPLE EXAMPLES OF HOW TS HAVE DONE THAT.
UH, FOR EXAMPLE, TURS FIVE IS THE, UH, MEMORIAL HEIGHTS TOURS.
TURS FIVE, UH, USE THEIR GRANT MAKING CAPABILITY TO MATCH A FEDERAL GRANT FOR SHEPHERD AND DURHAM.
IT'S NOT SOMETHING WE CAN DO OUT OF THE CITY, BUT THE TURS ITSELF HAS BEEN ABLE TO DO THAT.
VERY RECENTLY, A FEDERAL GOVERNMENT ANNOUNCED A, UH, $19 MILLION GRANT FOR TELEPHONE ROAD, WHICH TURNS GULF, GULFSTREAM.
AND, UH, THE EAST END TOURS WERE ALSO PART OF, AND OF COURSE, WHAT PROBABLY COMES TO MIND MOSTLY IN TERMS OF GRANT MAKING CAPABILITY IS HOW WE'VE USED BUFFALO BAYOU EAST.
WE HAVE USED THE ABILITY OF THE TURS TO SIGN MAINTENANCE AGREEMENTS, AND THAT BROUGHT FORWARD A HUNDRED MILLION DOLLAR PHILANTHROPIC CON FROM FROM THE KINDER FOUNDATION TO DO THAT.
SO THES HAVE EXHIBITED A CERTAIN NIMBLENESS IN SIGNING CONTRACTS, UH, LARGELY WHEN WE'VE HAD THESE PHILANTHROPIC OPPORTUNITIES.
THEY COMMIT TO MAINTAIN THE ASSETS THAT ARE BUILT AS PART OF THIS.
THAT'S A REQUIREMENT OF THE PHILANTHROPY TO DO THAT.
AND THAT'S HOW WE HAVE DONE MEMORIAL PARK.
THAT'S HOW WE'VE DONE BUFFALO BAYOU, UH, PARK HERE IN DOWNTOWN AND BUFFALO BAYOU EAST.
SO, UH, WHAT DOES THAT MEAN FOR ALL OF THE S AND I'LL COME BACK DOWN TO DRILLING DOWN TO TWO OF THEM IN A SECOND.
UH, 16 OF OUR 27 S 26 ACTUALLY, UH, HAVE DEATH TODAY.
UH, THEY HAVE FOUND AND HAD OPPORTUNITIES AND PROJECTS THAT MEET, AND USUALLY THE ONES THAT DO NOT ARE STILL GROWING.
BUT WHEN A SUB PROJECT DECIDES IS NEEDED, UH, THAT WILL HAPPEN.
UH, WE HAVE SOME GENERAL RULES BEFORE WE EVER ALLOW A A TURS TO ISSUE DEBT.
AND IT GENERALLY IS THAT THE DEBT CAN BE RETIRED IN THE TIMEFRAME THAT THE TURS HAS GOT A LIFETIME ASSOCIATED WITH IT.
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IS NEEDED WITHIN THE NEXT THREE TO FIVE YEARS.WE DON'T WANT TURS TO JUST HAVE BONDING AUTHORITY AND NOT USE IT.
AND THAT, THAT THEN THE FACT THAT THEY CAN PAY IT UNDER THE EXISTING INCREMENT THAT THEY HAVE, RATHER THAN PROJECTING A FURTHER INCREMENT GROWTH.
WE BELIEVE THOSE ARE VERY CONSERVATIVE AND THE FINANCIAL ADVISORS AGREE WITH US THAT THOSE ARE FI THOSE ARE VERY CONSERVATIVE CRITERIA BEFORE WE ALLOW A JURORS TO ISSUE ANY DEBT.
BUT YOU AND COUNSEL APPROVE THAT IN EACH CASE.
WHEN WE COME FORWARD WITH THAT, IN TOTAL TO TODAY, ALL OF THE S HAVE A TOTAL OF $850 MILLION OF DEBT.
UH, IF WE WERE TO, IN ONE SWOOP SIMPLY SAY, WE'RE GONNA REMOVE ALL S UH, THE CITY WOULD HAVE TO ABSORB $850 MILLION IN DEBT.
SO LET'S DEAL WITH, UH, THE CASES THAT FINANCE AND LEGAL AND WE SPENT TIME ON, AND WE LOOKED AT THE CASE OF DISSOLVING TUR TWO MIDTOWN AND TUR 16 UPTOWN, IN THAT, UH, IF THEY WERE DISSOLVED THIS YEAR, UH, THE TABLE BELOW REFLECTS WHAT THE FINANCIAL IMPACT OF LOST REVENUE AND COST OF THE OBLIGATIONS WOULD BE IN FISCAL YEAR 23.
UH, WE HAVE NOT PUT IN THIS CALCULATION, ALTHOUGH IT WOULD CERTAINLY MAKE IT EVEN MORE NEGATIVE.
THE DEBT PIECE, REMEMBER MANY OF THE TOURS IS TOOK ON DEBT AT THE 2% LEVEL TODAY TO SIMPLY TAKE ON DEBT.
NOW, IN A FOUR TO FOUR POINT, A 5% OR 5% MUNICIPAL MARKET WOULD BE EVEN MORE EXTRAORDINARY IN TERMS OF THE IMPACT OF DOING THIS.
WHEN I SAY OTHER JURISDICTIONS REVENUE, THESE TURS OFTEN HAVE FUNDS FROM THE SCHOOL DISTRICTS RECALL THAT IF A TUR WAS FORMED BEFORE 1999, THE SCHOOL DISTRICT TAX WAS PUT INTO THE TOURS.
SO MANY OF OUR TOURS, ESPECIALLY THE DOWNTOWN TOURS, MIDTOWN TOURS, STILL HAVE INCREMENT THAT GREW FROM HISD THAT WE MANAGE AND WE USE TO BUILD INFRASTRUCTURE IN THE CITY.
THE TOTAL OF THESE TWO TS THAT THEY'RE IN TWO AND 16 IS $27 MILLION.
IF WE WERE TO DISSOLVE THAT AMOUNT, THAT MONEY WOULD DISAPPEAR FROM THE CITY.
WE WOULD NO LONGER HAVE THE JURISDICTIONAL S FROM THOSE AND THE COMMUNITY COLLEGES THAT THOSE NUMBERS ARE IN TODAY.
SO THERE'S A LOSS OF $27 MILLION.
IN ADDITION, WITH THOSE TWO S, WE WOULD HAVE TO PICK UP THE OBLIGATIONS THAT THE S HAVE MADE OVER TIME, ANOTHER $5 MILLION FOR A TOTAL NEGATIVE OF DISSOLVING THOSE TWO CHARGES OF $32 MILLION.
IF I WERE TO PROJECT THAT IN THE FUTURE, UH, THAT NUMBER WILL GROW ANNUALLY AT THAT SAME LEVEL OVER A 10 YEAR PERIOD OR A 15 YEAR PERIOD, THERE'S NOTHING THAT HAPPENS MAGIC IN THAT.
SO YOU CAN IMAGINE THESE NUMBERS MULTIPLIED BY FIVE OR BY 10, UH, TO SEE THE NEGATIVE IMPACT ON THE CITY OF DISSOLVING THESE TWO TERRORISTS.
SO WHAT ARE WE GOING TO DO ABOUT THIS? UH, WE STILL BELIEVE THAT.
DO WE NEED TO TAKE A LOOK AT AND MAKE A DECISION ON A CASE BY CASE BASIS? DOES IT MAKE SENSE TO DISSOLVE AURS? TYPICALLY, WHEN COUNCIL APPROVES THE CREATION OF AURS, YOU APPROVE A PROJECT PLAN.
A PROJECT PLAN IS FOR FAIRLY GENERAL IN TERM AND NOT SPECIFIC TO SOMETHING THAT'S ON THE GROUND RIGHT NOW.
IT'S TYPICALLY ROADWAYS AND ACCESS AND THINGS LIKE THAT, UH, THAT FIT IN THERE.
UH, OVER TIME, IT COULD BE THAT THERE ARE NO SUCH PROJECTS.
AND OVER TIME WE HAVE IN FACT ELIMINATED ONE TURS, BUT THERE WERE NO SUCH PROJECTS.
MORE FREQUENTLY WHAT HAPPENS IS AN AREA ADJACENT TO A TURS NEEDS ECONOMIC SUPPORT, AND WE ANNEX SOME AREAS ADJACENT TO THE TURS.
I'LL GIVE YOU ONE ANECDOTAL COMMENT.
WE DID A STUDY ABOUT FOUR YEARS AGO ON GROWTH RATES, INTS NONT ACROSS THE CITY.
THE, THE AVERAGE GROWTH RATE IN THE CITY HAS BEEN 4% OVER A LONG PERIOD OF TIME.
THE AVERAGE GROWTH RATE IN TOURS HAS BEEN 8%.
INTERESTINGLY ENOUGH, IF YOU GO WITHIN A TWO MILE RANGE OF A TOURS, THE AVERAGE GROWTH RATE HAS BEEN 6%.
THERE'S NO NO, NO ROCKET SCIENCE ABOUT THAT.
BUT IN FACT, THERE IS SPILLOVER AS YOU WOULD IMAGINE THAT HAPPENS ON THERE.
AND IT TURNS OUT THAT MANY OF THE VIRTUES THAT IT TOURS CAN BRING IN TERMS OF BUILDING ACCESS AND MOBILITY IN AN AREA OFTEN COME ON AREAS THAT ARE JUST ADJACENT TO IT TOURS.
AND IT MAKES SENSE TO, TO PUT THEM IN.
THE OTHER POINT I'D MAKE, AND, AND I, AND I REALLY FEEL VERY STRONGLY ABOUT THIS, UH, THE ARTICLES IN THE PAPER TALKED ABOUT HOW T OPERATE, UH, ON THEIR OWN.
AND THEY'RE A SECRET ORGANIZATION.
YOU COUNCIL PASS EVERY TOURIST BUDGET AND AN EXACT SAME OVERSIGHT ROLE THAT YOU PLAY ON THE CITY BUDGET.
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UH, WE ENGAGE WITH CITY COUNCIL, YOU VOTE ON IT.WE COME UP ONCE A YEAR, WE SHOW YOU A CIP, THE SAME OVERSIGHT THAT EXISTS ON THE CITY BUDGET EXISTS ON T.
UH, YES, YOU'RE GETTING LOTS OF ADVICE FROM COMMUNITY PEOPLE ON THE TOUR BOARDS.
UH, THERE'S A LOT OF INTERACTIONS WITH THOSE TOUR BOARDS WITH THE LOCAL COMMUNITY.
BUT IN THE END, I, I WILL STAND BY MY STATEMENT THAT IT'S A HIGHLY INTERACTIVE PROCESS THAT ENGAGES THE FULL COMMUNITY.
YOU SEE MUCH OF IT ON A TUESDAY AFTERNOON IN PUBLIC SESSION.
SO IN THE END, WHEN WE MAKE THESE EVALUATIONS, UH, WE DO HAVE TO THINK OF THE FULL IMPACT OF THE
AND OF COURSE, YOU ALREADY RECEIVE 22% OF ALLT TURS INCREMENT BY THE MUNICIPAL SERVICE CHARGE MAYOR TURNER PUT IN PLACE IN 2016.
UH, THAT'S $22 MILLION IN THIS YEAR'S BUDGET.
THERE'S AN ADMINISTRATIVE FEE THAT'S CHARGED THAT'S 5% OF ALT'S THAT ALSO COMES TO THE CITY ON THAT.
WE DO THINK THAT, UH, ONE WAY OR ANOTHER, UH, AS WE GO GO THROUGH THIS, THERE CAN BE SOME IMPROVEMENTS MADE TO OUR FINANCIAL POLICIES OF THE CITY.
WE DO HAVE A COMMITTED, AS PART OF THIS PROCESS TO ADJUST THE FINANCIAL POLICIES OF THE CITY SO THAT WE WILL PERIODICALLY, UH, DEAL WITH DISSOLUTION AND AN EVALUATION AT THAT TIME.
AND WHEN I COME BACK AND GWEN COMES BACK TO YOU, UH, NEXT YEAR, AND WE'RE DOING THE TURS BUDGETS, WE'LL HAVE A DISSOLUTION ANALYSIS DONE AS PART OF THE MAJOR TSIS THAT ARE IN THERE.
UH, IT, IT IS A LOT OF WORK TO DO, AND THE TAX RATES ARE, THERE'LL BE SOME QUESTIONS ON CITY TAX CAP VERSUS SP TWO.
THOSE WILL ALL HAVE TO BE EVALUATED AT THAT TIME.
BUT OUR COMMITMENT TO YOU IS WE'LL DO THAT ON A CASE BY CASE BASIS.
AND WHILE THIS WE STAND BEHIND THIS ANECDOTAL ANALYSIS TWO AND TWO AND 16 HERE, BEYOND THAT POINT, UH, WE WILL NEXT YEAR COME BACK FORWARD TO DEAL WITH THIS ON A BROADER BASIS.
SO I WANNA SPEND THE REST OF THE PRESENTATION TO DISCUSS THE PROPOSALS THAT, UH, DIRECTOR TILL BE.
I WANNA STOP RIGHT THERE BECAUSE THE, WE'VE TAKEN ON A LOT OF INFORMATION AND, UM, TERMS CAN BE COMPLICATED AND COMPLEX.
AND WE DO HAVE QUESTIONS AND I LIKE TO ASK QUESTIONS AT THE TIME OF THE CONVERSATION.
SO I KNOW THAT WE, UM, HAVE A QUESTION FROM COUNCIL MEMBER.
THANK YOU CHAIR, AND I APPRECIATE THIS.
I DO THINK THIS IS KIND OF TWO SEPARATE DISCUSSIONS.
SO I'D LIKE TO ASK SOME QUESTIONS.
REALLY APPRECIATE YOUR WORK ON THIS.
UM, I THINK WHAT STRUCK US BY THE, BY THE, UM, THE RECENT MEDIA ATTENTION WAS THE, THE DISCUSSION OF THE REV CAP.
RIGHT? AND THE, THE ALWAYS KIND OF WHAT MY THINKING ON TOURS IS, AND BELIEVE ME, I DON'T WANNA DISSOLVE TUR AND I DON'T THINK WE'RE TALKING ABOUT DILU DISSOLVING THE ENTIRE TOURS AT A POINT AS THE PROJECT PLANS GO SMALLER, UM, A PER I THINK A PERCENTAGE, YOU KNOW, PHASE OUT KIND OF ON SOME OF THE ONES THAT HAVE EX THAT HAVE, HAVE REACHED THEIR POTENTIAL.
YOU WOULD NEVER JUST DISSOLVE THE WHOLE TURFS.
I DON'T THINK THAT WAS EVER REALLY AN IMPLICATION.
YOU NEVER COULD TAKE ON THAT DEBT.
APPRECIATE THE ANALYSIS OF THAT.
BUT I THINK IT'S MORE LOOKING FORWARD AS, AS POSSIBLY PHASING DOWN AS THE PROJECTS GO DOWN.
SO REALLY MY FAVORITE SLIDE IS SLIDE SEVEN, THAT YOU'RE GONNA ADDRESS THAT.
AND I THINK, I THINK, YOU KNOW, WE TAKE IT A HUNDRED PERCENT OF THE INCREMENT, BUT WE DON'T HAVE TO, YOU KNOW, ON SOME TERMS, YOU COULD MAKE IT A LESSER INCREMENT, YOU KNOW, AS, AS TIME WENT ON TO PUT THAT MONEY BACK IN THE, IN THE THING.
SO THAT WAS REALLY WHAT STRUCK ME ABOUT THE RECENT, UM, MEDIA ATTENTION WAS, WAS THE REV CAP THAT THEY, THE, THE PROVISION THAT BILL WHITE PUT IN THAT VOTERS VOTED ON IN 2006, THAT TREAT A DE ANNEXATION.
AND I'M NOT TALKING ABOUT A TREAT, AN ENTIRE DISSOLUTION, BUT YOU COULD JUST TAKE, YOU KNOW, 5% OF IT AND YOU TREAT THAT AS A RE ANNEXATION.
AND SO THAT OPERATES BOTH IN MY DISCUSSIONS, UM, AND UNDERSTANDING FROM THE COMPTROLLER'S OFFICE AND THE CITY THAT, THAT, THAT IS OUTSIDE THE REV CAP THAT'S CONSIDERED, I'VE LOOKED AT THE WORKSHEET LINE 23 ON THAT TAX, THE TRUTH AND TAXATION WORKSHEET FROM THE STATE.
THAT IS ALL NEW PROPERTY, THAT'S ALL NEW PROPERTY THAT WASN'T ON THE ROLLS LAST YEAR, THAT WOULD BE ON THIS YEAR.
SO EVEN IF IT WAS A SMALL PART OF THE TOURS AS A PHASE OUT, THAT OPERATES OUTSIDE OF BOTH OF THOSE REV CAPS SO THAT, THAT THAT MONEY WOULD BE AVAILABLE TO THE CITY.
AND THAT IS MY ENTIRE POINT THAT, THAT, THAT EVERYBODY'S VERY CLEAR ABOUT THAT BECAUSE FOR YEARS I HAVE HAD THE MISUNDERSTANDING THAT, OH, DONE, LET'S TOUR IT UP BECAUSE WE'RE GONNA LOSE THAT REVENUE ANYWAY.
SO WE, WE BETTER, WE BETTER HAVE THET AS THERE, AND I, I GET ALL THE OTHER, AND I'M PRO TUR, I THINKT OPERATE EFFICIENTLY.
I THINK THEY PUT GOOD INFRASTRUCTURE ON THE, ON THE GROUND.
I'M JUST GLAD TO HAVE THE UNDERSTANDING NOW THAT IT IS NOT A WORKAROUND TO THE REV CAP.
AND, AND I HAVE A COUPLE QUESTIONS ON
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YOUR, ON THE HISD I'M SORRY, COUNCIL MEMBER.SO THE, THE, THE ISSUE REGARDING THE YEAR ONE IMPLICATIONS IF ITUR IS DISSOLVED, IS WHAT YOU'RE REFERRING TO, RIGHT.
SO IT'S WHAT YEAR ONE, I THINK WHAT WE ALSO NEED TO CONSIDER IS WHAT HAPPENS AFTER YEAR ONE, BECAUSE THAT WHAT SURE.
THAT PROPERTY TAX THAT BECAME TAXABLE IN YEAR ONE AND MAY HAVE GENERATED A REVENUE WILL BECOME PART OF THE CITY OF HOUSTON'S TOTAL TAXABLE VALUE.
AND IN YEAR TWO, AND IT IS SUBJECT TO THE REV CAP AND IT, AND IT IS SUBJECT TO THE REP CAP.
TOTALLY UNDERSTAND THAT THE BENEFIT ONLY COMES IN THAT FIRST YEAR.
I JUST WANNA CLARIFY ON, ON THE HISD, THE 27 MILLION.
RIGHT? CAN YOU EXPLAIN THAT A LITTLE BIT, UH, MORE TO ME THAT I, I I WAS HAVING A HARD TIME TALKING, IT WASN'T THREE 11 THAT I SHOWED YOU HAD BEEN IN PLACE FOR A NUMBER OF YEARS AND WE CREATED ALMOST ALL OF OUR TURS UP THROUGH 1999.
RIGHT? IN 1999, THE STATE LEGISLATURE SAID THAT ANY FURTHER GROWTH IN SCHOOL DISTRICT INCREMENT CANNOT GO INTO A TURS, BUT IT CAPPED THE LEVEL THEY WERE AT AT THAT TIME.
SO WE HAVE INCREMENTS IN SEVERAL OF OUR TOURS THAT WERE CREATED THAT ARE STILL IN THERE TODAY THAT BECOME PART OF WHAT WE SECURITIZE AND BUILD INFRASTRUCTURE WITH.
AND IF WE WERE TO DISSOLVE A TOURS THAT WOULD GO AWAY.
AND, AND I HOPE, AND THANK YOU FOR THAT.
AND I HOPE IN THE, WHEN YOU'RE LOOKING AT THE FINANCIAL POLICIES AND, AND THAT YOU'RE, YOU'RE NOT, I DON'T, I DON'T THINK ANYBODY, I DON'T WANNA JUST COME IN, OKAY, THIS IS WHAT IT WOULD LOOK LIKE IF YOU DISSOLVED THE WHOLE TURS.
I, I THINK A MORE LIKE PHASED APPROACH, YOU KNOW, WITH SOMETHING THAT, THAT, YOU KNOW, A LITTLE MORE NUANCED.
I MEAN, I, I GET, I GET WHAT YOU'RE SAYING, AND I THINK THE POINT TO US WILL BE, AND WE LOOK AT THIS, BUT WE HAVEN'T BEEN VERY EXPLICIT AS WE GO THROUGH A TOURS, YOU, YOU SEE THE BUDGET AND YOU APPROVE THE BUDGETS, RIGHT? THIS YEAR'S EXPENDITURES, WE ALSO DO A FIVE YEAR CIP MM-HMM
THE QUESTION WOULD BE, AND I THINK IT'S A LEGITIMATE QUESTION, ARE THOSE PROJECTS IMPORTANT TO THE CITY? SO THE, THE CHALLENGE WE PUT ON OURSELVES IS ON THOSE CIP PROJECTS, ARE WE GROWING DOLLARS THAT ARE NOT BEING USED ONE WAY OR ANOTHER? OR ARE THERE IMPORTANT PROJECTS TO THE CITY? WE HAVE NOT EMPHASIZED THAT CIP PROJECTS TO YOU IN THE PAST.
AND THE POINT WOULD THEN BE, IF THOSE ARE MARGINAL ONE WAY OR ANOTHER, OR FROM YOUR POINT OF VIEW, CITY COUNCIL BELIEVE THAT THEY'RE NOT WORTH DOING IT, WE CAN CONSIDER CHANGING THE TRI-PARTY AGREEMENT AT THAT TIME.
AND FOR EXAMPLE, SOME S DON'T GIVE A HUNDRED PERCENT OF THEIR INTO THE CITY.
THAT COULD, THAT COULD HAPPEN RIGHT.
AND WE'LL COME BACK WITH THAT EVALUATION TO YOU.
THAT WOULD BE A MORE KIND OF REALISTIC THING THAT I COULD FORESEE HAPPENING IN THE FUTURE THAN I UNDERSTAND.
COUNCIL MEMBER ALCORN, UH, MAYOR APRIL.
TIM MARTIN, YOU HAD A QUESTION? YES.
SO, UM, I'M A HUGE FAN OF TOURS, AND I'LL TELL YOU WHY A LOT DIFFERENT.
AND AS AT LARGE, YOU SHOULD UNDERSTAND THIS, I REPRESENT TWO AREAS THAT WERE ANNEXED BY THE CITY OF HOUSTON, KICKING AND SCREAM IN 1977, CLEAR LAKE, 1996, KINGWOOD, CLEAR LAKE NEVER GOT A TOURS.
THUS THEY DON'T GET A LOT OF PROJECTS.
KINGWOOD RECEIVED DE TOURS WITHOUT THAT TOURS, WE GET NO PROJECTS BECAUSE WE WERE NOT ANNEXED TO GIVE US MORE MONEY OUT OF THE GENERAL FUND.
WE WERE ANNEXED TO TAKE OUR MONEY AND DISTRIBUTE IT ACROSS THE CITY OF HOUSTON.
SO A TOURS FOR US IS VITALLY IMPORTANT AS WE DO A $100 MILLION PROJECT IN THE EXPANSION OF NORTH LAKE, WHICH IS ONE OF TWO STREETS IN AND OUTTA KINGWOOD, AS YOU BOTH KNOW.
SO IF YOU COME TO ME AND SAY, DISMANTLE TOURS, I'M GONNA GO OUT KICKING AND SCREAMING LIKE THOSE FOLKS IN CLEAR LAKE DID IN 77 IN KINGWOOD IN 96.
AND YOU KNOW THAT VERY WELL, ANDY.
SO TURS HAVE BEEN VERY GOOD TO US.
VERY GOOD TO US BECAUSE IT GIVES US THE ABILITY TO DO PROJECTS.
LAST COUPLE, TURNER HAS BEEN VERY GRACIOUS TO US.
SYLVESTER TURNER HAS BEEN VERY GRACIOUS TO US IN THE DISTRICT.
I REPRESENT VERY UNUSUAL BECAUSE A LOT OF MAYORS LOOK AT CONSTITUENTS AS VOTERS.
AND FOR MANY YEARS, I GOT THE, WELL, YOUR GUYS DIDN'T VOTE FOR ME.
WHY SHOULD I GIVE YOU ANYTHING? AND MY COMEBACK WAS ALWAYS, BECAUSE YOU REPRESENT THE ENTIRE CITY.
SOME MAYORS DON'T LOOK AT IT LIKE THAT.
YOU WANT TO ARGUE WITH ME, I'LL GIVE YOU SPECIFIC ANSWERS.
MY QUESTION IS, IF PEOPLE DO CONTINUE DOWN THIS PATH, WE GIVE A LOT OF MONEY TO OUR SCHOOL DISTRICT.
WHAT HAPPENS TO THE SCHOOL DISTRICT FUNDS AND MORE IMPORTANTLY, IN THE AGE OF RISING INTEREST RATES, I'M OF THE OPINION THAT THAT DEBT JUST DOESN'T GET CONVERTED TO THE CITY.
THAT DEBT HAS TO BE PAID OFF BY THE CITY.
THUS, WE HAVE TO GO TO THE BOND MARKET AT PROBABLY DOUBLE THE INTEREST RATES.
[00:25:01]
DISTRICTS IN THE EVENT OF THAT SITUATION? WELL, IN THE END, YOU'RE NOT RESPONSIBLE FOR THE SCHOOL DISTRICTS.THE DEBT THAT WE HAVE HAS TO COME BACK TO THE CITY.
THE, THE DEBT WAS TAKEN OUT BY A LOCAL GOVERNMENT CORPORATION ON BEHALF OF THE CITY.
THE SCHOOL DISTRICT WOULDN'T PICK IT UP, BUT THE CITY WOULD HAVE TO PICK UP THE DEBT.
BUT WE WOULD BE RECEIVING, IN ESSENCE, TRUE AND NOT TRUE.
WE WOULD BE RECEIVING LESS MONEY IN THE EVENT THAT THE CITY HAS TO REFINANCE THAT DEBT.
WE'D ALSO BE RECEIVING LESS MONEY BECAUSE CURRENTLY WE ARE ABLE TO GET THE BENEFIT OF THE JURISDICTION'S PARTICIPATION, WHICH IS REVENUE, WHICH WOULD BE LOST.
SO VESTA TURNER HAS BEEN VERY GRACIOUS TO THE AREA I REPRESENT.
TIM MARTIN, COUNCIL MEMBER CAYMAN, YOU HAD A QUESTION.
UM, CHAIR, I, I REALLY APPRECIATE, APPRECIATE Y'ALL LAYING THIS OUT THIS WAY.
AND ANDY, YOUR REFERENCE TO THE BOND LEVERAGE THATT CAN PROVIDE.
I, AND I APPRECIATE YOU RECOGNIZING MEMORIAL HEIGHTS TOURS.
THAT WAS THE FIRST RIGHT TO GO THROUGH HG WE BROUGHT DOWN MILLIONS OF DOLLARS TO FINISH, UH, A VITAL CORRIDOR, BUT WE'RE NOW ABLE TO REPLICATE THAT.
UH, SO TO, YOU KNOW, MAYOR PRO TEMS POINT, UM, AND WHILE TRANSPARENCY IS ABSOLUTELY CRITICAL AND NOT ALTARS ARE CREATED EQUAL, UM, AND THERE, THERE'S STILL, YOU KNOW, WHEN WE LOOK AT BOARDS ENSURING THAT THERE'S DIVERSITY FROM HOLDOVERS FROM DECADES PREVIOUSLY, THINGS OF THAT NATURE, UH, THERE'S ROOM FOR IMPROVEMENT.
BUT AT THE SAME TIME, TO MAYOR PRO TEMS POINT, IT'S ONE OF THE ONLY WAYS, AT LEAST IN DISTRICT C, WE ARE GETTING SOME OF THE CRITICAL INFRASTRUCTURE INVESTMENTS THAT WE NEED AS AN AREA THAT HAS THE OLDEST INFRASTRUCTURE IN THE CITY.
SO I DO WANT TO RECOGNIZE, YOU KNOW, THE BALANCING ACT THAT WE'RE PLAYING, WE NEED TO BE ABLE TO LEVERAGE THE DOLLARS WE NEED TO BE ABLE TO BRING IN MORE.
AND THIS IS ONE OF THOSE AVENUES, AND I'M VERY MUCH LOOKING FORWARD TO THE FUTURE PRESENTATION.
SO THANK YOU ALL FOR WORKING ON THIS, BUT ALSO FOR WHAT'S COMING FORWARD SO WE CAN LEARN MORE AND MAKE SURE THE PUBLIC IS BEING EDUCATED AS WELL.
UH, COUNCILMAN, WE, I COULDN'T AGREE MORE.
UH, WE STARTED DOING MUCH OF THIS MATCHING GRANTS IN AN ERA WHEN THERE WAS SOMETHING CALLED TIGER GRANTS.
AND THE, THE CHURCH TURS ACTUALLY PROVIDED THE MATCHING FUNDS OR WHATEVER WAS NEEDED, AND THEY COULD MAKE THE CONTRACT COMMITMENT TO DO THAT.
THAT ALLOWED US TO ENTER INTO THAT.
ALSO, UH, MANY FEDERAL RULES DON'T ALLOW A CITY TO MAKE MORE THAN ONE PROPOSAL FOR SOMETHING.
THE TURS HAVE ALLOWED US TO MAKE PROPOSALS, UH, ESSENTIALLY INTO THE SAME THING FOR THE SAME PROJECTS.
DIRECTOR TILLERSON BELL, IF YOU WANT TO CONTINUE.
COUNCILMAN BACOM? DID YOU HAVE ANOTHER QUESTION? OKAY, GO AHEAD.
UH, TELL ME ABOUT WHEN WE'RE ANNEXING OR EXPANDING THE BOUNDARIES OF A T THAT DOESN'T NECESSARILY HAVE TO BE CONTIGUOUS.
DON'T WE HAVE A NON-CONTIGUOUS, NON-CONTIGUOUS, WHAT HAPPENED IN 2013 MM-HMM
OR 1515, THE STATE ALLOWED DISCONTINUOUS TOURISM.
RIGHT? SO TUR, WHEN WE ORIGINALLY CUT THE DEAL WITH THE COUNTY ON DYNAMO STADIA, WE WERE GOING TO CREATE TWO TOURISM FOR THAT'S 24.
RIGHT? BUT THEN THE LAW CHANGED AND YOU COULD HAVE DISCONTINUES.
WE'VE BEEN NOT REALLY RELUCTANT TO DO TOO MUCH OF THAT.
IT'S THERE, WE KNOW IT'S A TOOL WE COULD DO, AND IT MAY BE SOMETHING IN THE FUTURE AS WE THINK ABOUT S SO, SO I'M THINKING, YOU KNOW, HOW COME WE COULDN'T, I MEAN, THIS IS JUST IN THEORY, JUST A QUESTION.
YOU KNOW, HOW COULDN'T, HOW COME YOU COULDN'T TAKE UPTOWN TOURS AND GO ACROSS TOWN TO AN AREA THAT NEEDS YEAH.
NEEDS, UH, A LOT OF WORK AND SAY, CALL IT UPTOWN TWO, YOU'RE, YOU'RE LISTENING TO CONVERSATIONS GWEN AND I HAVE HAD.
I MEAN, YOU KNOW, IF YOU'RE, IF YOU'RE GONNA, IF YOU'RE GONNA, IT'S, IT'S POSSIBLE TO DO THAT.
I MEAN, YOU KNOW, WE'RE, WE'RE RIGHT UP AT THE 25% JUST ABOUT RIGHT, RIGHT.
YOU KNOW, WE HAVE TO BE CAREFUL ABOUT HOW MUCH MORE.
BUT, BUT ANYWAY, JUST WANTED TO MAKE THAT POINT.
DOESN'T HAVE TO BE JUST THE, EXPAND THE AREA RIGHT.
AROUND YOUR TERMS. AND, AND I'LL GIVE YOU A GOOD EXAMPLE HERE THAT WE DID SOME THINKING THAT'S SIMILAR TO THAT, BUT NOT QUITE THE SAME.
UH, SEVERAL YEARS AGO, WE MADE A DECISION TO ANNEX THE EAST RIVER KBR PROPERTY INTO THE FIFTH WARD TERMS. RIGHT.
UH, THAT WAS A CONSCIOUS DECISION ON THE PART OF MIDWAY THAT WANTED TO BRING THEIR EXPERTISE AND KNEW THAT THEY WOULD ENHANCE THE INCREMENT GROWTH IN THE FIFTH WARD.
SO HAVING DEVELOPERS THAT THINK THIS IS A GOOD IDEA, THE IDEA TO NOT ONLY DEVELOP IN AN AREA, BUT ALSO HAVE WHAT THEY DO IMPACT THE LOCAL COMMUNITY IS ALSO A POSITIVE.
AND, UH, BRAD FRIS LED THAT CONVERSATION.
BUT I, I UNDERSTAND YOUR POINT.
AND THEN YEAH, BECAUSE WE JUST WANNA, WE JUST, YOU KNOW, WE WANNA MAKE SURE THAT, THAT, YOU KNOW, THAT THE WHOLE CITY IS BENEFITING.
THE RECOMMENDATIONS THAT WE ARE GOING TO BE PRESENTING, UM, AS RELATES TO THE FINANCIAL POLICIES WILL BE, UM, MULTIDIMENSIONAL,
[00:30:01]
RIGHT? SO IT'S NOT GONNA BE A SINGLE, DO WE DISSOLVE OR DO WE NOT DISSOLVE, BUT IT'S GOING TO BE LOOKING AT WAYS IN WHICH WE CAN ENHANCE AND IMPROVE EQUITY.AND WHAT YOU'RE TALKING ABOUT COUNCIL MEMBER IS AN OPPORTUNITY TO LOOK AT A, A MORE EQUITABLE ALLOCATION OR DISTRIBUTION OFTS FUNDS WHERE YOU ARE, YOU KNOW, CONSIDERING, UM, A NON-CONTIGUOUS WHERE YOU MIGHT BE ABLE TO MOVE SOME FUNDING INTO AN AREA.
BECAUSE YOU ALL, WE ALL KNOW THAT JUST THE CREATION OF A TOURISM ITSELF DOESN'T NECESSARILY MEAN THAT THE INCREMENT IS GOING TO COME IF THE INVESTMENT DOESN'T COME RIGHT.
SO, UM, SO, SO THOSE ARE SOME OF THE CONSIDERATIONS, BUT THERE'S PROBABLY ABOUT SIX OR SEVEN CONCEPTS THAT WE'RE GOING TO BE, UH, VETTING AND RESEARCHING AND, AND BRING FORTH TO COUNCIL.
I, I THINK THAT'S SO IMPORTANT AND REALLY APPRECIATE YOUR WORK AND, AND THAT WORK TO COME.
THANK YOU, COUNCIL MEMBER THOMAS, YOU HAVE A QUESTION.
THIS IS A LOT OF INFORMATION, BUT SO IMPORTANT.
UM, IT'S IMPORTANT THAT WE'RE DELIBERATE AROUND THIS.
SO I, I THINK YOU PROBABLY ALLUDED TO IT.
UH, MY QUESTION WAS PARTICULARLY AROUND THE DE ANNEXATION AND SOME OF THE RECOMMENDATIONS YOU MIGHT POSSIBLY BRING TO COUNCIL FOR THE PROPOSAL AND JUST REALLY HOW, WHAT ARE YOU OFFERING TO US IN TERMS OF THE STANDARDS OF WHAT WOULD BE DETERMINED TO DE ANN X OR PHASE OUT OF TERMS? LIKE WHAT ARE THE, WHAT ARE THOSE MODULES, I GUESS, THAT YOU'RE CONSIDERING? UM, SO WE CAN BE AWARE.
BUT THEN SECONDLY TO COUNCIL MEMBER ALCORN'S POINT AROUND TURS AND THE ALLOCATION CITYWIDE ALMOST IN PRACTICE, WE'RE DOING THAT WITH THE AFFORDABLE HOME, RIGHT? IF IT WAS NOT FOR UPTOWN AND THAT BOND, UM, THE PROJECTS COMING CITYWIDE WOULD NOT HAPPEN, RIGHT? SO THAT'S A, A VALUE PIECE.
I DON'T THINK OFTENTIMES WE MAKE THAT CONNECTION.
THAT'S THE REASON WHY WE'RE ABLE TO, TO DO THAT.
SO IN, I GUESS IN THEORY AND IN PRACTICE, WE'RE ALREADY DOING THAT.
I JUST DON'T KNOW IF IT'S DOCUMENTED IN A WAY FOR OTHER TURS TO DUPLICATE THAT, WHERE IT BENEFITS OTHER PARTS OF THE CITY.
SO LET ME, LET ME START OFF SAYING THERE WILL BE LIMITATIONS ON WHAT WE CAN DO.
UH, WHEN A TURS, UH, SELLS BONDS, THEY SELL BONDS BASED ON THE INCREMENT IN THE AREA, AND WE CAN'T THEN START DIS ANNEXING PART OF A TURS THAT'S ALREADY BEEN FORMED AND SOLD SECURITIES RELATIVE TO THAT.
NOT ALL PROPERTIES ARE RELEVANT TO THAT.
IT'S GOING TO REQUIRE, AS I SAID EARLIER, A CASE BY CASE ANALYSIS OF EACH TUR.
AND WHERE CAN WE CREATE BENEFIT BROADER THAN IS IN THAT TURS.
UH, SO IT'LL, IT'LL BE THE, THE TRUE WORD IS INCREMENTAL FROM LOOKING AT THAT.
BUT WITH THAT MINDSET, AND LET ME TELL YOU, IF I GO BACK TO WHEN MAYOR TURNER CAME INTO OFFICE, UH, THERE WERE A LOT OF US THAT REALLY DIDN'T KNOW HOW WE WERE GONNA DO THE MUNICIPAL SERVICE CHARGE.
BUT AFTER A LOT OF DISCUSSION, WE ENDED UP SAYING THE LOGIC.
AND I THINK THIS FITS IN WITH THE EQUITY ARGUMENT, THAT THOSE JERSEYS HAVE BENEFITED BY INFINITE, BY GROWTH IN INCREMENT, AND THEY'VE GROWN AND THEY'VE DONE THE 8% VERSUS 4%.
BUT THAT MEANS CITY POLICE HAD TO ALSO PROVIDE SERVICES AND FIRE.
SO THAT WAS OUR LOGIC, THAT $22 MILLION OUT OF THE CITY INCREMENT GOES TO PROVIDE THOSE INCREMENTAL SERVICES.
SO I'M CONFIDENT, UH, THAT WHAT WE DID BEFORE ON THE MUNICIPAL SERVICE CHARGE CAN ALSO WORK THIS WAY TOO.
AND THERE ARE SOME BEST PRACTICES THROUGHOUT TEXAS ON WAYS IN WHICH YOU CAN, UH, IMPLEMENT A POLICY AROUND SUN, NOT SUN SETTING, BUT DOWNSIZING OR PHASING.
UM, BUT TO ANDY'S POINT, BECAUSE T IS TAKE ON DEBT, THE CITY NEEDS TO IN BE CERTAIN THAT THESE ARE PROJECTS THAT THE CITY AS AN ADMINISTRATION WOULD, UM, SUPPORT.
BECAUSE EVENTUALLY, IF THET IS DISSOLVED, THAT BECOMES THE CITY'S RESPONSIBILITY AND THE CITY'S LONG-TERM OBLIGATION.
SO THOSE ARE GONNA BE PART OF THE, THE CONSIDERATIONS AS WELL.
UM, SO THIS SLIDE IS REALLY JUST TO KIND OF DEMONSTRATE THAT WHEN TOURS, PROPOSALS ARE CONSIDERED, THEY'RE NOT CONSIDERED AND RANDOMLY AND THEY'RE NOT BEING RECOMMENDED TO COUNCIL RANDOM RANDOMLY.
SO I JUST WANNA SHOW THE METRICS THAT ARE USED TO BE ABLE TO EVALUATE.
WE GET MORE PROPOSALS AND MORE REQUESTS FOR ANNEXATIONS AND CREATIONS THAN WE CAN ACTUALLY RECOMMEND BECAUSE OF OUR 25% CAP.
SO THERE HAS TO BE, UH, A VERY, UH, OBJECTIVE APPROACH IN, IN TERMS OF HOW WE DETERMINE WHICH T ARE GONNA BE RECOMMENDED FOR ANNEXATIONS.
UM, SO ONE OF THE THINGS IS THE DEFERRAL IMPACT.
AND WHAT I MEAN BY THAT, AND ANDY KIND OF ALLUDED TO IT, IF THERE'S A DEVELOPER THAT HAS AN INTEREST IN DEVELOPING A PROJECT, BUT NEEDS REALLY CRITICAL INFRASTRUCTURE THAT IT CANNOT AFFORD BECAUSE A PROJECT WOULD BE ECONOMICALLY NOT PRACTICAL OR FEASIBLE, THEN THAT'S AN OPPORTUNITY FOR US TO, TO CREATE A TOURS OR ANNEX INTO A TOURS BECAUSE THERE'S A DEVELOPER THAT IS READY AND PREPARED TO MAKE AN A PRETTY SUBSTANTIAL INVESTMENT, BUT THE LACK OF INFRASTRUCTURE MIGHT PRECLUDE THAT INVESTMENT.
SO WE LOOK AT WHAT IS, WHAT IS GOING TO BE THE IMPACT IF WE DEFER THAT ANNEXATION PROPOSAL TO ANOTHER PERIOD MAYBE THE NEXT YEAR.
UM, WE ALSO LOOK AT THE MAYORAL PRIORITY.
SO IF AN ANNEXATION IS BEING PROPOSED IN A COMPLETE COMMUNITY, THAT WOULD SCORE HIGHER THAN IF IT'S NOT IN A COMPLETE COMMUNITY.
UH, IF A PROPOSAL HAS A PROJECT THAT IS TIED TO DRAINAGE, ESPECIALLY WHEN WE'RE DEALING WITH FLOOD ISSUES, UM, THAT'S, THAT'S REALLY IMPORTANT.
[00:35:01]
HOW PARKS, FOR INSTANCE, WE KNOW THAT IT'S VERY IMPORTANT FOR US TO HAVE GREEN SPACE AND PARKS THROUGHOUT THE ENTIRE CITY.UM, SO AGAIN, BEING EQUITABLE IN SOME OF THE PUBLIC IMPROVEMENTS AND INFRASTRUCTURE THAT GETS CREATED.
SO THIS IS JUST, UH, TO KIND OF GIVE YOU AN IDEA OF THE PROCESS THAT WE GO THROUGH ON EACH OF THE TOUR PROPOSALS.
AND WE RANK THOSE TOUR PROPOSALS AND THET THAT HAVE THE HIGHEST SCORE AT THE END OF THAT RANKING, UM, ARE THE CHOICES THAT WE WOULD MOST LIKELY MAKE A RECOMMENDATION.
SO AGAIN, THIS IS JUST TO DEMONSTRATE THAT THIS IS, THAT OUR APPROACH IS, IS, UM, IS METHODICAL.
UM, IT'S THOUGHTFUL, UM, AND IT'S, IT EVOLVES.
UM, AND SO, YOU KNOW, THE FOUR YEARS AGO WE ADDED THE COMPLETE COMMUNITIES OF MAYOR PRIORITIES.
SO AGAIN, THIS JUST TO DEMONSTRATE KIND OF HOW WE DO WHAT WE DO, ONE OF THE THINGS THAT'S REALLY IMPORTANT IS THAT THE UNDERDEVELOPED OR UNDERUTILIZED LAND, THE REASON THAT'S REALLY IMPORTANT IS, IS BECAUSE WITHOUT UNDEVELOPED OR UNDERUTILIZED LAND, THERE'S A, A LOW LIKELIHOOD THAT REDEVELOPMENT CAN OCCUR OR NEW INVESTMENT CAN, CAN COME IN.
SO THAT'S WHY THAT'S ONE OF THE METRICS THAT, THAT WE USE.
SO AS IT RELATES TO WHERE WE ARE, ANDY MENTIONED THAT WE ARE REALLY SUPER CLOSE TO THE 25% STATUTORY CAP.
UM, AND I WANTED TO PROVIDE YOU THE NUMBER SO THAT YOU SEE HOW WE GET TO THAT PERCENTAGE.
UM, THE, THE FORMULA IS THAT WE HAVE TO CONSIDER ALL OF THE TAXABLE VALUE, THE TAXABLE VALUE ASSOCIATED WITH THE COLLECTIVE TOURS.
UM, AND WE DIVIDE THAT OVER THE TOTAL CITY IN INDUSTRIAL DISTRICT AREAS BECAUSE WE DO KNOW THAT THE CITY HAS AN INDUSTRIAL DISTRICT AREA THAT'S IN OUR ETJ.
AND SO THOSE TWO MAKE UP THE DENOMINATOR.
AND SO THE RATIO BETWEEN THOSE TWO IS HOW WE GET TO OUR CURRENT, UM, UH, PERCENTAGE AS IT RELATES TO THE 25%.
AND YOU SEE THAT WE ARE AT 23.75%.
WE WILL START LOOKING AT, UM, VICE MAYOR PRO TEM, YOU ASKED ME THIS BEFORE.
WHAT HAPPENS IF WE WANTED TO, HOW CAN WE GET TO A SMALLER PERCENTAGE? UM, THAT'S GONNA BE AN EXERCISE TO BE ABLE TO REVIEW IF THERE ARE SOME NON-PRODUCING, NON-REVENUE PRODUCING PARCELS WITHIN THE TZA THAT WE MIGHT BE ABLE TO DNX, THAT WILL ALLOW US TO HAVE A LITTLE BIT MORE FLEXIBILITY AND TO BE ABLE TO REDUCE THAT, UM, THAT PERCENTAGE AND NOT LY IMPACTING THE T'S ABILITY TO, UM, SERVICE THEIR DEBT.
RIGHT? SO WE ARE GOING TO BE DOING THAT EXERCISE NEXT YEAR.
AND ANDY MENTIONED THAT THE ANNEXATIONS THAT WE HAVE PRESENTED, UM, REPRESENTS A VERY SMALL INCREMENTAL CHANGE.
SO WE'RE REALLY GOING FROM 23.75% TO 23.89%.
AND SO THERE IS STILL EXISTING CAPACITY.
IT'S, IT'S, AND SO WHAT I WANTED TO DO IS JUST KIND OF SHOW YOU ON THE NEXT SLIDE, UM, HOW WE'RE GETTING FROM THE 23.76 AND HOW EACH OF THESE TURS ANNEXATIONS AND THE CREATION IS CONTRIBUTING THE PERCENTAGE THAT THEY'RE CONTRIBUTING TOWARDS AT 25%.
AND AGAIN, IT'S JUST TO DEMONSTRATE THE NOMINAL, UH, IMPACT THAT IT HAS TO THAT REVENUE CAP.
SO THERE ARE FIVE ANNEXATION PROPOSALS AND THE CREATION OF ONE, UH, BEING A, AN, A TOURIST TO BE CREATED TO SUPPORT THE MEDICAL CENTER AREA.
UM, WHAT I PROVIDED IS JUST SORT OF A HIGH LEVEL AT A GLANCE, IF YOU JUST WANT A KIND OF QUICK ONE PAGER TO GET A SENSE OF WHAT THE PRIORITIES ARE, WHAT THE GOALS ARE ASSOCIATED WITH THE ANNEXATIONS AND CREATION.
UM, AND AGAIN, WE WE'RE ALSO SHOWING THE ANNEXATION VALUE, UM, AND HOW THAT ANNEXATION VALUE IS CONTRIBUTING TO TOWARDS THE CAP.
BUT YOU'LL SEE WHAT YOU'LL SEE CONSISTENTLY IS THAT THESE ARE, ARE MOBILITY IMPROVEMENTS.
WE'RE DEALING WITH DRAINAGE ISSUES AND MITIGATING FLOOD MITIGATION, UH, PROJECTS.
MANY, UH, SEVERAL OF THE JERSEY HAVE, UH, UH, PARK IMPROVEMENTS TO IMPROVE COMMUNITY AND LOCAL PARKS.
UM, AND SO EVERYTHING THAT YOU SEE HERE, YOU KNOW, I ALSO ALSO WANNA REMIND IS THAT THESE ARE CITY ASSETS.
AND SO I THINK SOMETIMES WE FORGET THAT THE TS ARE USED TO FUND INFRASTRUCTURE PROJECTS THAT ULTIMATELY ARE CONVEYED TO THE CITY AND BECOME CITY ASSETS.
SO WHAT I WANNA JUST DO IS GIVE YOU JUST SORT OF A BRIEF OVERVIEW OF THE, THE PROPOSALS.
UM, THE FIRST ONE IS THE MAIN STREET MARKET SQUARE TOURS.
WE ARE PROPOSING TO ANNEX THE SCI HEADQUARTERS.
UM, SCI INTENDS TO INVEST, UH, A MINIMUM OF $150 MILLION, UH, TO IMPROVE AND ENHANCE THEIR HEADQUARTERS.
UM, THAT SITE HAS THE POTENTIAL TO, UM, BE EVEN A LARGER INVESTMENT, BUT WE KNOW THE MINIMUM INVESTMENT IS ABOUT 150 MILLION.
AND THE IMPROVEMENTS ARE INTENDED TO CREATE CONNECTIVITY.
SO THERE'S A DESIRE TO CREATE A PEDESTRIAN BRIDGE, FOR INSTANCE, TO BE ABLE TO CONNECT TO THE BUFFALO BAYOU PARK.
UM, THERE'S ALSO A NEED TO DO SOME IMPROVEMENTS FOR DETENTION, UH, UPGRADE, UH, OR UPSIZE THE STORM SEWER LINE BECAUSE OF THE AMOUNT OF DEVELOPMENT THAT COULD POTENTIALLY OCCUR, UH, ON THE SITE, AS WELL AS CREATE, UH, DETENTION AND POSSIBLY USE, UM, UH, CONSIDER SOME
[00:40:01]
GREEN STORM WATER INFRASTRUCTURE, UM, BY USING BIOSWELLS.UM, SO, SO THIS IS JUST AN EXAMPLE OF, UM, THE, IT'S HARD TO SEE THE ANNEXATION BECAUSE AGAIN, WHEN YOU START LOOKING AT 32 MILLION MAY SOUND LIKE IT'S A LOT, BUT THE AREA THAT'S BEING ANNEXED IS THAT LITTLE SMALL PINK, UM, PIECE THAT YOU COULD BARELY SEE ON THE SOUTHERN BOUNDARY.
SO IT'S A, IT'S LITERALLY A SINGLE SITE, UH, ANNEXATION.
SO THIS FIFTH WARD ANNEXATION IS REALLY, UM, YOU'LL SEE IT'S ZERO TAXABLE VALUE.
IT'S SIMPLY ANNEXING THE RIGHTS OF WAY AND, UH, DETENTION BASIN THAT'S ON HOMESTEAD ROAD.
AND IT'S REALLY INTENDED TO CREATE A COLLABORATION WITH HARRIS COUNTY FLOOD CONTROL DISTRICT.
AND THE TURS, UM, THE FLOOD CONTROL DISTRICT IS, UH, PLANNING TO MAKE SOME IMPROVEMENTS ON THE DETENTION BASIN TO HAVE MORE, UH, GREEN SPACE, CREATE SOME, UH, TRAILS TO MAKING IT, UH, AN AMENITY.
WE SEE A LOT OF THAT, UM, DUAL USE OF DETENTION FACILITIES TO MAKE IT, UH, SOMETHING FOR THE PUBLIC TO BENEFIT.
UM, AND SO THIS GIVES AN OPPORTUNITY FOR THE TOURISTS TO CONTRIBUTE AND MAYBE ENHANCE THE PROJECT OR COLLABORATE IN PARTNERSHIP WITH HARRIS COUNTY FLOOD CONTROL DISTRICT.
SO THIS IS MORE WHAT I CONSIDER TO BE AN ENABLING, UH, ANNEXATION.
SO, SOUTHWEST, UH, HOUSTON TOUR HAS REALLY, UH, MADE, UH, SIGNIFICANT IMPROVEMENTS, UH, ONE OF WHICH IS THE BEL AIR, UH, IMPROVEMENT.
UH, SO THIS ANNEXATION WILL DO SEVERAL THINGS.
ONE, IT'LL ALLOW THEM TO EXPAND THAT BEL AIR, UH, EXTENSION ALL THE WAY TO THE, THE, UH, CITY LIMITS OF THE CITY OF BEL AIR WEST.
UM, WHAT THEY FOUND IS THAT AS THEY'VE MADE THOSE IMPROVEMENTS TO BEL AIR, THERE HAS BEEN A SIGNIFICANT ENHANCEMENT AND IMPROVEMENT AND AN ATTRACTION OF MORE COMMERCIAL ACTIVITY.
AND SO THIS WILL ALLOW FOR THIS ECONOMIC DEVELOPMENT ACTIVITY TO CONTINUE AND TO GROW.
BUT THERE'S ALSO SOME PRETTY SIGNIFICANT PROJECTS, UH, ASSOCIATED WITH RECREATIONAL SPACE.
SO, UM, PARTNERING WITH THE HARRIS COUNTY FOR THE WILLOW WATER HOLE, UM, SPACE, UM, AS WELL AS, UH, THE CITY, UH, RECENTLY ACQUIRED THE OLD SHELL BUILDING AT GASSER.
SO THERE'S AN OPPORTUNITY FOR REDEVELOPMENT.
PUBLIC WORKS IS GOING TO USE THAT SPACE TO CREATE MORE DETENTION, BUT THE SPACE IS LARGER THAN WHAT IS REQUIRED FOR THE TENSION.
SO THERE'S AN OPPORTUNITY TO REDEVELOP THE TOURISTS COULD SUPPORT WITH PROVIDING THE, UH, INFRASTRUCTURE, UM, AS WELL AS THERE ARE FIVE.
I THINK IT'S REALLY IMPORTANT BECAUSE WE TALK ABOUT THE IMPORTANCE OF HAVING COMMUNITY, UH, PARKS SO THAT EVERYONE HAVE ACCESS TO REALLY GREAT PARKS AND GREEN SPACE.
SO PART OF THE ANNEXATION WILL ALLOW THEM TO MAKE IMPROVEMENTS IN FIVE LOCAL PARKS, INCLUDING, UM, THE PARK ON BOONE ROAD, HACKBERRY, HAVILAND, UM, A LEAF, UH, AND MARION PARK.
SO AGAIN, IT'S ALL INTENDED TO BE, UM, IMPROVEMENTS THAT ULTIMATELY WILL BE OPERATED AND OWNED AND MANAGED BY THE CITY OF HOUSTON.
SO IF YOU'VE BEEN TO THE FARMER'S MARKET, YOU KNOW THAT IT IS BUSTLING.
IT IS A HUGE ECONOMIC DRIVER, WITHINT 21.
AND SO THIS IS ANOTHER, UH, WHAT WE CONSIDER TO BE AN ENABLING, UM, ANNEXATION, WHICH, UM, THE, THE, BECAUSE OF THE AMOUNT OF VEHICULAR TRAFFIC THAT IS DRIVING IN AND AROUND THE PROXIMITY OF THE FARMER'S MARKET, AND BECAUSE OF THE LARGE TRUCKS THAT ARE MAKING DELIVERIES, THE CONDITIONS OF THE STREETS, UM, THE NEED FOR, LIKE, THERE'S A LOT OF STANDING WATER, UM, HAS BECOME PROBLEMATIC.
SO AGAIN, THIS GIVES THE TUR TURS BOARD AN OPPORTUNITY TO CONSIDER, UM, DRAINAGE PROJECTS, UH, AND IMPROVEMENTS TO THE STREET IN ORDER TO SUPPORT, UM, THE FARMER'S MARKET AND ALL OF THE ECONOMIC ACTIVITY THAT'S OCCURRING AROUND, UH, THAT, BUT AGAIN, YOU SEE IT'S ONLY 36, UH, MILLION IN VALUE THAT'S BEING ADDED.
ANDY MENTIONED, NEXT SLIDE, PLEASE.
ANDY MENTIONED THE A HUNDRED MILLION DOLLARS, UM, ANNOUNCEMENT FROM THE KINDER FOUNDATION FOR THE BUFFALO BAYOU PARK EAST.
UM, AND SO THIS ANNEXATION IS, UH, GOING TO INCLUDE A VERY SMALL PORTION OF GUADALUPE PARK.
SO YOU, IT'S, IT'S, IT'S VERY, YOU COULD HARDLY SEE IT.
UM, THAT'S THE ONLY SEGMENT OF THE PARK OR THE SOUTH TRAIL THAT IS NOT IN THE TURS.
AND SO THIS WAS INTENDED, UM, JUST TO BE ALL INCLUSIVE.
SO THE ENTIRETY OF THAT AREA IS INCLUDED IN THE TOURS.
AND THEN THE SECOND, THE SPACE THAT'S MORE TO THE EAST, UM, A LITTLE BIT LARGER, UM, IS THE SITE THAT IS GOING TO BE THE HOME OF THE SECOND EASTON MAKER HUB.
UM, WE KNOW THAT THE EASTON MAKERSPACE HAVE BEEN VERY, VERY SUCCESSFUL IN THE WORK THAT THEY'RE DOING AND ATTRACTING ARTISANS, BUT THEY'RE ALSO ATTRACTING, UM, YOU KNOW, TENANTS IN THIS LIFE SCIENCE AND BIOSCIENCE SPACE.
AND SO THIS MAKERSPACE IS GOING TO BE MORE, UM, UH, IN ALIGNMENT WITH THAT TO THOSE TYPES OF TENANTS.
UM, THEY ALREADY HAVE SOME GREAT ATTEN TENANTS THAT HAVE ALREADY CREATED PARTNERSHIPS WITH THEM.
UM, AND SO THIS IS GOING TO ALLOW FOR THE SUPPORTIVE INFRASTRUCTURE TO SUPPORT THE
[00:45:01]
SECOND MAKER, MAKER HUB.THAT'S TXRX? IT'S THE T, YEAH, TXRX IS THE MAJOR TENANT IN THE FIRST, UH, EAST END MAKER SPACE.
AND SO THIS THE FINAL, UM, NEXT SLIDE.
SO THE FINAL IS, UM, THE CREATION OF A TOURS THAT IS GOING TO BE IN THE MEDICAL CENTER.
UM, THE AREA THAT IS GOING TO BE, UH, CREATED OR THE BOUNDARY WILL BE THE TEXAS MEDICAL CENTER SPACE AS WELL AS HERMAN PARK.
AND SO VERY, VERY LITTLE TAXABLE VALUE.
96% OF THE AREA IS TAX EXEMPT.
WE KNOW THAT TMC IS A NONPROFIT, UM, AND, AND THE PARK.
SO VERY SMALL AMOUNT OF VALUE AT THIS POINT.
BUT WE ALSO KNOW THAT TMC HAS MADE ANNOUNCEMENTS OF, UM, MAKING SIGNIFICANT INVESTMENTS TO THE TUNE OF TWO TO $3 BILLION FOR THEIR LIFE SCIENCE ACTIVITY THAT THOSE BUILDINGS WILL, WILL ACTUALLY BE TAXABLE.
AND SO THAT'S WHY IT'S REALLY IMPORTANT FOR US TO CREATE A TURS BEFORE THAT TAXABLE VALUE IS CREATED.
UM, BUT THEY WILL ACTUALLY GENERATE ALL OF THE REVENUE THAT IS ASSOCIATED WITH THIS TURS.
UM, AND SO THE, THEY, THEY HAVE BEEN WORKING VERY CLOSELY ALREADY WITH, UH, CAROL HADDOCK, DIRECTOR HADDOCK AND HER TEAM ON THE CREATION OF AN EMERGENCY WATER SOLUTION.
UM, IN THE EVENT THAT THERE IS, UH, YOU KNOW, RISK OR SOMETHING THAT HAPPENS TO, UH, TO THE WATER SYSTEM TO MAKE SURE THAT THEY'RE RESILIENT.
SO AGAIN, THIS IS CONSISTENT WITH THE MAYOR'S RESILIENCY PLAN AND, AND WANTING TO MAKE SURE THAT AN INSTITUTION LIKE THE MEDICAL CENTER, UM, WOULD BE PROTECTED AND WOULD HAVE ACCESS TO WATER IN THE EVENT OF, OF AN EMERGENCY.
BUT THEY'RE ALSO GOING TO BE MAKING SOME SIGNIFICANT IMPROVEMENTS TO SOME STREETS THAT, UM, IS IN AND AROUND THE TEXAS MEDICAL MEDICAL CENTER IN PARTICULAR, FANON, UH, HOLCOMB, IF YOU'VE DRIVEN IN THE MEDICAL CENTER ANYTIME RECENTLY, IT'S VERY CONGESTED.
AND SO THERE REALLY NEEDS TO BE SOME ENHANCEMENTS TO THE MOBILITY SYSTEM.
AND AS THEY START TO MAKE MORE AND MORE INVESTMENTS IN THE MEDICAL CENTER WITHOUT HAVING AN IMPROVED MOBILITY, MOBILITY GRID AND OTHER WAYS TO, UM, IMPROVE THE SAFETY AND, UM, THE, JUST THE, THE STREETS, UM, IT'S GONNA BECOME A, A BIGGER AND BIGGER CHALLENGE.
THIS IS NOT IMPROVEMENTS TO PRIVATE TMC ROADS, RIGHT? THIS IS PUBLIC, THIS IS THE PUBLIC ROAD, IT'S HOLLY HALL, RIGHT? MAIN STREET.
UH, THIS, THIS DO, THESE DOLLARS WILL BE DIRECTED TO IMPROVING THE ACCESSIBILITY INTO THE MEDICAL CENTER, RIGHT? AND ANY WATER SYSTEM THAT IS DESIGNED, UM, AND AND DEVELOPED CONSTRUCTED WOULD BE OWNED BY PUBLIC WORKS.
IT WOULD BE OPERATED BY PUBLIC WORKS.
AND SO THAT'S WHY, AGAIN, THIS IS A COLLABORATION WITH WITH PUBLIC WORKS.
AND SO JUST IN TERMS OF THE ACTIONS THAT HAVE TAKEN, UH, THAT HAVE HAPPENED SO FAR AND THE ACTIONS THAT ARE PLANNED, UM, THE NOTICE OF THE PUBLIC HEARING WAS PLACED IN THE CHRONICLE ON DECEMBER 2ND.
WE INTEND TO PRESENT, UH, THE PUBLIC HEARING AS WELL AS, UH, COUNSEL CONSIDERATION FOR THE APPROVAL OF THE ORDINANCES FOR THE ANNEXATIONS AND PROJECT PLANS ON THE 14TH, WHICH WOULD ALLOW THAT IF IT'S TAGGED TO THE 21ST, WHICH IS WHY IT'S ALL ON THE, ON THE 14TH.
UM, AND SO ALL OF THOSE ACTIONS WILL BE PRESENTED, UH, AT NEXT WEEK'S COUNCIL MEETING.
THAT CONCLUDES MY PRESENTATION, AND I'M HAPPY TO ANSWER ANY QUESTIONS.
COUNCIL MEMBER, KAMAN, YOU'RE FIRST IN THE QUEUE FOR QUESTIONS.
UM, GWEN AND ANDY, AGAIN, THANK YOU ALL FOR ALL YOUR EFFORTS.
I KNOW, YOU KNOW, WHICH, UH, I'VE BEEN ADVOCATING FIERCELY FOR, UM, SOME ADDITIONAL TERMS ANNEXATIONS TO IMPROVE SOME OF OUR MAJOR COMMERCIAL CORRIDORS FOR SAFETY IMPROVEMENTS INFRASTRUCTURE.
BUT I UNDERSTAND RIGHT NOW WE'RE WORKING IN A VERY, VERY SMALL MARGIN, RIGHT? UH, AND A LOT OF WHAT WE'RE SEEING HERE DOES NOT EVEN COUNT TOWARDS THAT PERCENTAGE.
IT AGAIN, I JUST WANTED TO CLARIFY THAT'S BECAUSE IT'S STRICTLY PUBLIC RIGHT? OF WAYS THAT WE'RE ANNEXING, IS THAT CORRECT? WELL, IN SOME CASES IT'S PUBLIC RIGHTS OF WAY, BUT THERE'S ONE SLIDE THAT SHOWS WHERE WE'RE GOING FROM 23.76% TO 23 POINT THAT CHANGE, THAT 10TH OF A CHANGE REPRESENTS TAXABLE VALUE.
BUT IT'S, IT'S PRIMARILY, UM, TAX EXEMPT BECAUSE OF HERMAN AND I THINK IT'S ONLY 143 MILLION FOR SOUTHWEST, RIGHT? BUT ONE OF THE TOOLS THAT WE HAVE IS WE WORK TOWARDS INFRASTRUCTURE IMPROVEMENTS.
IF WE DON'T WANNA GET TO THAT MAX IS TO SIMPLY IS CORRECT, SIMPLY ANNEX THE RIGHT OF WAYS THAT INCREASES THE BURDEN ON OUR TOURS BECAUSE THEY'RE NOT GETTING THAT ADDITIONAL INCREMENT.
BUT WE CAN INCREASE THE ACCESS OR IMPROVEMENTS FOR RIGHT OF WAYS TO IMPROVE IT.
UM, AND I WILL SAY OFF THE BAT, UM, IT IMPACTS DISTRICT C, BUT I THINK THE ANNEXATION OF, UH, UH, EXCUSE ME, UH, THE CREATION OF A TOURS FOR TMC UH, IS NECESSARY.
IT'S IMPORTANT AND IT'S ABOUT TIME.
UH, SO I'M ACTUALLY VERY EXCITED TO SEE THAT.
[00:50:01]
UH, AND I APPRECIATE THAT THE SCI PROPERTY, IF WE COULD GO THERE, 'CAUSE I KNOW WE'RE GONNA HAVE SOME OF OUR RESIDENTS FROM DISTRICT C THAT ARE IN THE AUDIENCE CHAIR THAT ARE GOING TO BE SPEAKING, UM, IN A MOMENT ABOUT SOME OF THE CONCERNS THEY HAVE.UH, AND I'LL BE LISTENING TO THOSE.
I'LL BE ASKING QUESTIONS OF THEM.
BUT, UH, WHAT IS THE REASON THAT WE'RE SOLELY FOCUSED ON THAT SPECIFIC PROPERTY WITH THIS? WELL, IT'S BECAUSE OF THE NEEDS FOR, YOU KNOW, THE, ANYTIME A PRIVATE DEVELOPER DEVELOPS, THEY'RE GONNA DEVELOP TO CREATE WHAT IS IMPORTANT FOR THE COMPANY, BUT IT MAY NOT NECESSARILY HAVE ALL OF THESE EXTRA IMPROVEMENTS THAT WE THINK ARE IMPORTANT FOR THE COMMUNITY.
SO, FOR INSTANCE, THE PEDESTRIAN BRIDGE TO BE ABLE TO BETTER CONNECT TO BUFFALO BAYOU, UM, PARK, UM, SOME OF THE UPSIZING THAT'S GOING TO BE NECESSARY IN ORDER TO SUPPORT REGIONAL DETENTION IN THE AREA.
THOSE ARE THINGS THAT ARE IMPORTANT TO THE CITY, AND THEY'RE NOT NECESSARILY REQUIREMENTS TO THE COMPANY, BUT IF WE BELIEVE THAT WE WANT TO LEVERAGE THAT PRIVATE INVESTMENT TO ADD AND ENHANCE, UH, THOSE OTHER NEEDS, THEN THAT'S THE ROLE THAT THE TOURS CAN PLAY IN, IN BUILDING THAT INFRASTRUCTURE, CONSTRUCTING THAT INFRASTRUCTURE.
AND IT, ONE, ONE FINAL QUESTION.
UM, BECAUSE OF THAT SURROUNDING NEIGHBORHOOD AND AREA, UM, AND THEY MAY WANT SOME IMPROVEMENTS IF THAT, IS THERE A REASON WHY WE'RE NOT ANNEXING AROUND THAT PROPERTY AS WELL? THE RESIDENTIAL? UM, IF THE, IF THE ANNEXATION IS REALLY JUST PUBLIC RIGHTS OF WAY, WE CAN CERTAINLY TAKE A LOOK AT WHAT, WHAT, WHAT IT WOULD TAKE TO, UM, TO ANNEX JUST A RIGHT OF WAY, BECAUSE THAT WOULD NOT CONTRIBUTE TO THE TAXABLE VALUE CAP WHERE WE ARE, BUT WE JUST NEED TO UNDERSTAND WHAT THOSE IMPROVEMENTS MIGHT BE.
SO IT WOULD BE UNDERSTANDING A SPECIFIC NEED THAT WE COULD ADDRESS PRIOR TO MOVING FORWARD WITH THAT ANNEXATION.
UM, WE'D, WE'D WANNA ADDRESS IT AS IMMEDIATELY AS POSSIBLE SO THAT WE CAN MAKE ANY CHANGES, YOU KNOW, TO THE EXTENT THAT IT MAKES SENSE FOR US TO CONSIDER.
I DON'T KNOW WHAT THOSE ISSUES ARE, UM, BUT IT WOULD BE SOMETHING THAT WE'D HAVE TO MOVE ON PRETTY QUICKLY.
WELL, I'LL BE ASKING THOSE QUESTIONS AND I APPRECIATE IT VERY MUCH.
ARE WE JUST ANNEXING OR ARE WE EXTENDING LIVES OF ANY OF THESE STORES? THERE IS NO LIFE EXTENSION.
UM, I ALSO GOT SOME QUESTIONS ABOUT THE, UM, COUNCIL MEMBER CAYMAN ON THE MAIN STREET MARKET SQUARE ONE.
SHE, SHE ASKED THE QUESTION ABOUT THE, THE PUBLIC INFRASTRUCTURE RIGHT AROUND, UM, IT'S THE SSCI PROPERTY.
SO I'LL BE INTERESTED, I MEAN, I KNOW THAT THERE'S AN INTEREST IN, IN ANNEXING SOME OF THOSE, THE PUBLIC RIGHT OF WAY THERE.
NOW, THE, THE, THE INCREMENT THAT'S CAPTURED FROM THIS ANNEXATION IN THIS AREA, IS IT DEDICATED TO THIS AREA OR CAN SOME OF THAT BE USED FOR DOWNTOWN? I MEAN, HOW, I MEAN, I, HOW, HOW, HOW DOES THAT WORK? YEAH, SO WHEN AN ANNEXATION HAPPENS, THE INCREMENT GOES TO THE TURS.
RIGHT? NOW, IF THE TURS IS INTERESTED IN WORKING DIRECTLY WITH THE COMPANY, UM, THE COMPANY CAN ALSO ADVANCE AND COMPLETE THE PROJECTS AND THEN ENTER INTO A DEVELOPER AGREEMENT TO GET REIMBURSED FROM THE INCREMENT GENERATED ON THAT SITE.
IT JUST DEPENDS ON THE TIMING.
THE INCREMENT GOES DIRECTLY TO THE JUROR.
YOU ARE RIGHT THAT IT GOES TO THE TOTAL.
UH, WE TRY TO WORK FROM A PHILOSOPHY ON REIMBURSEMENT AGREEMENTS THAT IN FACT, YOU, YOU, YOU KILL WHAT YOU EAT, RIGHT? OR YOU, SO THAT, THAT IN FACT YOU HAVE TO GENERATE THE INCREMENT IN ORDER TO GIVE US A REIMBURSEMENT.
THAT'S A PHILOSOPHY, RIGHT? IT'S NOT NECESSARILY SO, BUT IN MOST CASES, AND THE BEST EXAMPLE I'LL GIVE YOU THAT IS THE POST DOWNTOWN.
THE INCREMENT THAT, THAT FRANK L HAS IN THAT PROJECT IS GENERATED FROM THAT PROJECT.
AND THAT'S OUR BASIC PHILOSOPHY.
SOMETIMES WE DEVIATE, BUT NOT, NOT VERY FREQUENTLY.
AND, AND ALSO ON THAT ONE IT DO, DO THEY HAVE A DEVELOPMENT? IS THERE A PLAN IS SCI, UM, APPROVED A PLAN FOR THAT, FOR DEVELOPMENT OF THAT? IF, IF YOU GO BACK IN TIME, UH, THAT SITE FLOODED BADLY.
AND THEY BOUGHT, THEY BOUGHT THE CHANNEL 11 PROPERTY, RIGHT? THAT WAS THERE.
THEY'RE PUTTING A PLAN TOGETHER.
THEY, THEY DON'T HAVE NOT GONE PUBLIC WITH IT YET.
SO WE WE'RE CAUTIOUS ABOUT WHAT WE SAY ABOUT THAT.
BUT IN THE END, THEY HAVE A PLAN TO REDEVELOP THE ENTIRE SITE.
AND THAT'S WHY IF YOU HEARD GWEN SAID A MINIMUM INVESTMENT OF 150, PERHAPS AS MUCH AS 500 MILLION HAS BEEN TALKED ABOUT.
BUT THERE ARE NO DEFINITIVE PLANS YET.
BUT THIS, WE BELIEVE WOULD FACILITATE THE LARGER PLANS.
ARE ARE THEY ALL, OKAY, GO AHEAD.
ARE THEY PLANNING TO ADVANCE? I MEAN, ARE THEY IN THE JOINT REFERRAL PROCESS ON SOME OF THE NEIGHBORING PROCESS THERE, THERE IS A STREET, THE, THE SITE IS COMPLICATED BY A VERY OLD DRAINAGE LINE THAT THROWS THAT PROPERTY PARALLEL TO TAFT.
IT'S A WOODEN, UH, STORM DRAINAGE SYSTEM THAT GOES THROUGH THERE.
SO IT WOULD HAVE GREAT ADVANTAGES TO THE COMMUNITY IN TERMS OF DEALING WITH A PROJECT THAT WOULD PROBABLY HAVE TO BE DONE BY MOVING
[00:55:01]
IT, IT CREATES A BUILDABLE SITE AND PUTTING IT UNDER A STREET RATHER THAN UNDER BUILDINGS MAKES SOME SENSE.AND THAT'S WHY WE ARE PARTICULARLY INTERESTED IN THIS.
THANK YOU COUNCIL MEMBER, THOMAS.
ON PAGE EIGHT, CAN YOU CLARIFY, WHEN YOU WERE TALKING ABOUT THE DEFERRAL IMPACT, AND YOU SAID EITHER A DEVELOPER COMES WITH A SUBSTANTIAL PROJECT, UM, AND WITH FUNDING, IS THAT BY PERCENTAGE OR IS THERE A CERTAIN AMOUNT THAT JUSTIFIES THIS PROCESS? LIKE WHAT, WHAT DO YOU MEAN WHEN YOU SAY SUBSTANTIAL DEVELOPMENT? WELL, YOU KNOW, I SAY SUBSTANTIAL JUST BECAUSE IT HAS TO BE, YOU KNOW, A PROJECT THAT IS GOING TO BE, UM, THAT, THAT WE RECOGNIZE AS SOMETHING OF VALUE TO THE COMMUNITY.
UM, AND THAT REQUIRES SIGNIFICANT INFRASTRUCTURE, RIGHT? AND SO IN ORDER FOR A PROJECT TO REQUIRE SIGNIFICANT CON UH, INFRASTRUCTURE, YOU'RE LOOKING AT PRO PROBABLY A 20 PLUS MILLION DOLLAR, UH, INVESTMENT, RIGHT? SO WHEN, SO WHEN IT'S SUBSTANTIAL IN BENEFIT TO THE COMMUNITY, ON YOUR END, YOU'RE LOOKING AT WHAT, LIKE GROCERY OR LIKE, JUST DRAINAGE STREETS, RIGHT? AND, AND WE SEE THAT ON A REGULAR BASIS WHERE, FOR INSTANCE, A GROCERY STORE MAY WANNA COME IN, UM, BUT IT'S, IT'S LAND THAT HAS YET TO BE DEVELOPED.
SO THEY'VE GOTTA HAVE A CUT THROUGH AND HAVE PUBLIC STREETS AND LIGHTING, UM, STORM SEWER, BECAUSE THERE MAY NOT HAVE BEEN A STORM SEWER SYSTEM WHERE THAT INFRASTRUCTURE, ESPECIALLY WHEN YOU'RE TALKING ABOUT A GROCERY STORE, THE MARGINS ARE SO SMALL MM-HMM
THAT IF YOU HAVE, IF WE REQUIRE INFRASTRUCTURE TO BE ADDED TO THE COST ASSOCIATED WITH THE BUILDING, IT MAKES THE PROJECT NOT FEASIBLE.
AND SO THAT'S AN OPPORTUNITY WHERE WE'D SAY THE, THE INCREMENT THAT'S GENERATED FROM THE PROPERTY AND AN EXAMPLE, LIKE A DEVELOPER AGREEMENT YEAH.
COULD BE USED WITH THE TOURS IN ORDER TO BRING THAT INVESTMENT.
AND I, AND I REALLY JUST ASK, BECAUSE OFTENTIMES WE, YOU KNOW, WE THROW AROUND TERMS AROUND THE HORSESHOE LIKE DEVELOPMENT AND PROJECTS AND GROCERY STORES.
WE ALL SAY THAT, RIGHT? BUT I THINK IT'S IMPORTANT FOR THE PUBLIC TO KNOW IN TERMS OF SCALE AND PRICE AND LIKE IMPACT, LIKE REALLY WHAT IS A PRIORITY IN TERMS OF THE CITY, WHEN THE CITY WILL COME IN AND DO INFRASTRUCTURE AND SUPPORT THOSE COSTS.
I THINK IT'S IMPORTANT TO KEEP THAT IN FRONT OF US SO PEOPLE KNOW IN TERMS OF SCALE AND HOW IT RELATES TO THE USE AND THE FUNCTION OF A TURS.
BECAUSE I DON'T THINK PEOPLE CONSIDER, I THINK THEY KEEP IT ON A VERY SMALL SCALE.
UH, AND SO WHEN WE SAY SUBSTANTIAL PROJECTS, THAT'S WHAT WE'RE TALKING ABOUT.
WHAT THAT WILL ULTIMATELY GENERATE.
IT WOULD BE, YOU KNOW, EXAMPLES WOULD BE ROBIN'S LANDING.
UM, THAT WOULD BE, YOU KNOW, THE, ANDY MENTIONED FIFTH WARD AND THE PARTNERSHIP WITH, WITH MIDWAY FOR EAST RIVER.
THOSE WERE MAJOR PROJECTS THAT, THAT NEEDED SOME SUPPORT.
COUNCIL MEMBER, UH, MAYOR PRO, TIM MARTIN.
SO, UM, REVISIT THE SCI ANNEXATION.
SO SCI IS A $4.1 BILLION REVENUE CORPORATION WITH $1.3 BILLION IN, IN, UM, PROFIT IN LAST YEAR.
WHAT ARE THEY GOING TO GET FOR THIS ANNEXATION? I, I UNDERSTAND, I, I WORK AT THE A IG BUILDING, SO I'M VERY FAMILIAR WITH THAT CORRIDOR.
SO WHY NOT A IG WHO FLOODED HAD A BUNCH OF BUILDINGS MORE THAN SCI.
SO WHAT IS SCI GETTING FOR THE ANNEXATION PROCESS? AND THE REASON WHY I SAY THAT IS VERY SELFISHLY ADMIT IT.
YOU, YOU LET THAT ANNEXATION GO THROUGH, THEN YOU LIMIT MY ABILITY TO ANNEX IT.
SO, UH, ONCE WE GET CLOSER AND CLOSER TO THAT 25%, THERE'S GONNA BE LIMITED ANNEXATION.
SO WE HAVE TO LOOK AT EACH ONE REAL CLOSELY ELSE.
THERE'LL NEVER BE AN ANNEXATION INTO ANOTHER TOURS.
LEMME, LEMME MAKE A COMMENT ON S-C-I-S-C.
I WENT THROUGH A, UH, SEARCH PROCEDURES OF WHERE THEY SHOULD GO AS A CORPORATION.
AND THEY, WE WE'RE COMPETING WITH SITES IN SUGAR LAND TO MAKE THIS HAPPEN.
WE WERE, WE'RE COMPETING WITH SITES IN SUGAR LAND WHERE THEY HAVE LOOKED TO MOVE OUT TO THE FACILITY.
WE MADE A JUDGMENT THAT THAT'S A VIABLE OPTION FOR THEM.
UH, WE THINK THEY WANT TO STAY.
WE'VE HAD VERY CONSTRUCTIVE CONVERSATIONS WITH THEM.
THEY WENT THROUGH IN A VERY AGGRESSIVE PROCESS.
BUT OUR TAX ABATEMENT ORDINANCES, OUR OTHERS ALLOW US TO, AND WE AGGRESSIVELY LOOK AT OPTIONS TO MATCH TO KEEP PEOPLE WITHIN THE CITY.
SO WHAT WILL THEY RECEIVE? PARDON? WHAT WILL THEY RECEIVE? THEY, THEY, THEY, NUMBER ONE, ALL INVESTMENT THEY WILL HAVE TO MAKE THEMSELVES, WE WILL, WILL REIMBURSE THEM.
THE TAXES, A PORTION OF THE TAXES, THEY PAY FOR THE, THAT'S WHAT A DEVELOPER REIMBURSEMENT AGREEMENT DOES.
UH, BY PUTTING THEM IN THE TURS, I GET THAT.
BUT HOW MUCH MONEY WILL THEY RECEIVE? WE, WE HAVENT DONE, WE HAVE NOT DONE THE DEAL YET.
SO THE PROJECTS THAT THEY'RE GONNA BUILD WITH THE ABILITY TO DO THIS, BECAUSE THEY'RE GONNA GET TAX RELIEF, PEDESTRIAN INFRASTRUCTURE, FLOOD MITIGATION, CREATE NEW PARK SPACE.
LOOK, I'D LOVE TO SEE A PLAN BEFORE I COMMIT TO GIVING MONEY AWAY.
WELL, WE'RE NOT COMMITTING TO GIVING MONEY AWAY.
THE TORIES WILL HAVE TO DO THAT.
THERE WILL BE A GIVEN AWAY OF MONEY.
[01:00:01]
THIS IS GONNA BE RELIEF OF PROPERTY TAXES.AND I DON'T KNOW WHAT THEY'RE GONNA BE.
IT'S NOT A RELIEF OF PROPERTY TAXES.
THEY, THEY WILL BUILD ASSETS THAT THE CITY WILL OWN.
SO WHO'S GONNA DO THE CHECKS AND BALANCES WHEN THEY BUILD THESE? I LOOK AT, I LOOK AT THAT AREA.
THEY HAVE LIMITED SPACE IN FRONT OF THEIR BUILDING UNTIL THEY HIT ALLEN PARKWAY.
WHAT ARE THEY GONNA DO FOR PEDESTRIAN IN INFRASTRUCTURE? THEY, THEY, THEY FLOOD MITIGATION.
THEY, THEY, THEY HAVE A PLAN TO BUILDING.
WE DID, LEMME FINISH, WE DID A TON OF FLOOD MITIGATION IN THE BUILDING I WORK IN AND ALL DOWN ALLEN PARKWAY AFTER THE HURRICANE HIT.
SO, AND THEN CREATE NEW PARK SPACE WHERE ON THEIR SITE THEY WILL FACILITATE THE STORM SEWER LINE THAT I'VE TALKED ABOUT THAT TODAY IS, IS DEFICIENT FROM THE CITY'S POINT OF VIEW AND HELP THE COMMUNITY IN THE AREA AT THIS HAND.
THEY HAVE ALSO TALKED ABOUT A PEDESTRIAN CROSSING THAT WOULD BE FROM FRONT OF THEIR BUILDING ACROSS THE PARK.
WE HAVEN'T DONE THAT DEAL YET.
BUT WE'RE, I LOOK AT SCI AND IT'S A SQUARE YEP.
ON ALLEN PARKWAY WITH NOT A LOT OF LAND AROUND IT.
AND I DON'T SEE, I DON'T SEE PEDESTRIAN INFRASTRUCTURE, FLOOD MITIGATION.
I SEE FLOOD MITIGATION, BUT PARK SPACE.
BUT I'D LOVE TO VOTE ON SOMETHING THAT GIVES ME A PLAN OF WHAT WE'RE COMMITTING OUR DOLLARS TO, BECAUSE WE'RE GIVING UP DOLLARS TO OH $4.1 BILLION REVENUE CORPORATION WITH 1.3 BILLION IN PROFIT.
AND LAST TIME I CHECKED THE CITY OF HOUSTON, IF SOMETHING GOES ASTRAY IN THE FIREFIGHTER STUFF WE'RE IN, WE'RE IN SOME FINANCIAL DIFFICULTY.
SO I'D LOVE TO SEE THE PLAN ON THAT.
YOU KNOW, I'M A FAN OF TOURISTS, BUT WHEN IT COMES TO STUFF LIKE THIS, I GO, COME ON $4.1 BILLION CORP.
DOESN'T, DON'T WE NEED TO DESIGNATE SOME OF THOSE DOLLARS? THE TIFFANY THOMAS'S HOUSING STUFF? NO ANSWER.
I JUST WANNA CLARIFY THOUGH, THOSE IMPROVEMENTS ARE NOT IMPROVEMENTS THAT ARE GONNA BE ON THE SCI SIDE.
SO THESE ARE NOT PRIVATE IMPROVEMENTS.
AND I LOOKED AT THE MAP IN THE AREA.
IT'S GONNA BE, AND IT GOES WAY FAR TO THE EAST.
THAT'S, IT'S GOING TO BE IN THE PUBLIC, IN THE PUBLIC REALM.
SO THESE ARE, THESE ARE ASSETS THE CITY WILL OWN.
SO MEDICAL CENTER, UH, HOW DOES THAT WORK IN A NOT-FOR-PROFIT? THE TM, THE TMC THREE PROJECT IS A FOR-PROFIT OPERATION.
SO IN EFFECT, THE ONLY CASH FLOW IN THE INCREMENT THAT WILL BE GENERATED IN THE TMC WILL BE FOR THE FOR-PROFIT INCREMENT.
THIS IS ACTUALLY SOMETHING THEY PROPOSED TO US BECAUSE THEY SAW THIS AS AN OPPORTUNITY TO DO A NUMBER OF THINGS.
THEY ALSO WANTED, THERE WAS ALSO SEVERAL CONVERSATIONS WITH HERMAN PARK ON SOME FACILITIES THAT MAY COMPLIMENT HERMAN PARK, THAT THEY'D LIKE TO FURTHER INTEGRATE INTO THEIR ACTIVITIES.
YOU'VE HEARD SOME CONVERSATIONS WHEN WE TALKED ABOUT THE CENTER POINT SALE MM-HMM
ABOUT A POTENTIAL GARAGE ON THE WARNEKE TRACK, UH, WHETHER THAT COULD BE AFFORDABLE, HOW LONG IT WILL TAKE THAT INCREMENT, HOW RAPIDLY TMC WILL BUILD OUT THIS AREA.
THOSE ARE ALL OPEN AND GOOD QUESTIONS RIGHT NOW, BUT THIS IS SOMETHING THEY VERY MUCH WANT LIKE TO DO AND SHARE THAT INCREMENT FOR THE COMMUNITY AT LARGE.
SO WITH THIS TOUR, I SAW A PROPOSAL, PRETTY GOOD PROPOSAL.
SCI, I HADN'T SEEN ANYTHING BUT THREE BULLET POINTS.
I LOVE THE TR THE THE TOURS 28 BECAUSE YOU'RE GONNA GET, YOU HAVE A PLAN AND I CAN SEE MY DOLLARS GOING TOWARDS THAT PLAN.
I CAN'T SEE IT ON THE OTHER END.
SO I'M GONNA COMPARE AND CONTRAST LIKE THIS ONE, I, I GET, I GET, BUT THE OTHER ONE I DON'T GET.
AND THEN THE ONLY THING I HAVE A PROBLEM WITH IS TAKING A VALUE OF A LAND AT ZERO AND ALL OF THE A HUNDRED PERCENT OF THE INCREMENT GOES OVER TO THE ZONE.
BECAUSE YOU TAKE WHAT? THE INCREASE AND THERE'S NO TAXES IN THAT AREA NOW 'CAUSE IT'S ALL RAW LAND.
RIGHT? WHICH AREA ARE YOU TALKING ABOUT? UH, T UH, TM C3.
UH, THERE'S SOME VALUE TO THAT LAND, BUT VERY 3 MILLION OR SO, THERE'S LAND VALUE THAT THEY'RE, SO YOU'RE GONNA CREATE A REALLY BIG BIOMEDICAL AREA.
THAT'S MY OPINION IS GONNA BLOSSOM.
AND YOU'RE GONNA GET ZERO INCREMENTAL.
THE INCREMENTAL RE DOLLARS ALWAYS GOES TO TUR 28.
TO BUILD IMPROVEMENTS IN THE AREA, RIGHT? THAT'S CORRECT.
THAT THE WHOLE COMMUNITY WILL BENEFIT FROM.
AND TELL ME WHAT ROADS WE'RE GONNA DO.
HOLLY HALL TO THE SOUTH IS ONE OF THE ROADS THAT HAVE THAT ACCESS OFFER.
2 88 MAIN STREET THAT GOES THROUGH TO THE, TO THE WEST OF THAT AREA NEEDS IMPROVEMENTS.
THERE ARE A NUMBER OF AREAS THAT WE DON'T HAVE IN OUR OWN CIP THAT WOULD BENEFIT THE TMC.
RIGHT? I, I JUST STRUGGLE WITH GIVING AWAY A HUNDRED PERCENT OF THE REVENUE.
A HUNDRED PERCENT OF THE INCREASE GOING TO THE TURS AND THE ABILITY FOR THAT AREA TO BOOM IS GONNA BE TREMENDOUS.
SO THE REVENUE IS GONNA BE OUTRAGEOUS.
[01:05:01]
AND ALL OF THAT REVENUE GOES TO THEM.AND NONE OF IT GOES TO THE CITY FOR INFRASTRUCTURE.
WE'RE NOT GONNA BE DOING THOSE ROADS IN FIVE AND 10, 15 YEARS FROM NOW.
SO IS THERE A LIMIT ON THIS ANNEXATION CREATION? IS IT A FIVE YEAR, 10 YEAR, YEAR? IT'S A 30 YEAR CREATE.
IT'S A 30 YEAR CREATION AS WE'VE DEALT WITH ALL OTHER CHURCHES.
SO, AND THE OTHER THING IS THAT BEFORE THIS IS PRESENTED TO CITY COUNCIL, YOU WILL BE ABLE TO REVIEW THE ENTIRE PROJECT PLAN.
SO KEEP IN MIND, THIS IS JUST A HIGH LEVEL SUMMARY.
YOU WILL BE ABLE TO REVIEW ALL COUNCIL THE ACTUAL PROJECT PLANS WHERE ALL OF THE SPECIFIC CATEGORIES OF PROJECTS WILL BE DEFINED IN THE PROJECT PLAN.
I, THE REASON WHY I AM ADAMANT ABOUT IT IS, IS I CAN'T GET AN ANNEXATION BECAUSE OF THESE 'CAUSE YOU'RE AT THE 25%.
SO I WOULD LOVE TO TAKE SOME OF THE REVENUE AND GIVE IT TO LAKE HOUSTON WILDERNESS PARK TO FIX THAT UP AND TO OTHER PROJECTS.
I CAN'T DO IT BECAUSE YOU'RE GOING AFTER SCI BILLION.
THERE ARE A COUPLE THINGS TO CONSIDER.
THERE ARE A COUPLE THINGS TO CONSIDER.
IS THE REASON THAT IT MAKES SENSE TO PURSUE ATM CTS IS BECAUSE THE TAXABLE VALUE IS 143 MILLION.
SO THE IMPACT THAT THAT CREATION HAS ON THE EXISTING CAP IS MINIMAL.
THE GROWTH HAPPENS AFTER THE ANNEXATION.
YOU, YOU, AFTER IT'S CREATED, YOU'RE GONNA BUILD FROM NOTHING.
BUT THAT COULD BE TREMENDOUS REVENUE.
IT'S GONNA MAKE A BIG IMPACT IN DISTRICT.
I KNOW IT'S IN DISTRICT A AND ANDY'S HELPING ME WITH THE DEAL ON THURSDAY AND I'M APPRECIATIVE OF IT, OF IT, BUT I GOTTA DO MY DILIGENCE AND ASK THESE QUESTIONS.
AND I JUST STRUGGLE A LITTLE BIT ON, ON THESE TWO DONE.
TIFFANY THOMAS, COUNCIL MEMBER KAMAN.
AND, UM, ANDY AND GWEN, UH, TO MAYOR PROMS POINT, GOING BACK, I DON'T WANNA BEAT THE ISSUE OVER, BUT AS IT RELATES TO SCII JUST WANNA MAKE SURE, AND I'M NOT SAYING I'M FOR OR AGAINST IT, I WANNA HEAR FROM RESIDENTS AND THINGS OF THAT NATURE.
BUT, UM, WE'RE DEALING WITH TWO PROPERTIES, CORRECT.
WITH SCI, THERE'S S CI'S ORIGINAL BUILDING THAT IS FLOODED AND SCI, WHO'S BEEN A GREAT COMMUNITY PARTNER.
I WILL SAY THAT JUST LIKE A IG AND OTHERS.
THIS ISN'T ABOUT SCI BEING GOOD OR BAD, BUT SCI PURCHASED THE PROPERTY ACROSS THE STREET, THE OLD CHANNEL 11 STATION.
AND THAT'S THE PROPERTY THAT WE'RE TALKING ABOUT AS WELL.
THAT MUST, SOMETHING HAS TO BE DONE WITH THAT.
CAN YOU GO INTO REALLY QUICKLY WITH THAT PROPERTY, THE CHALLENGES, AND AGAIN, I KEEP GETTING STUCK ON THAT WOODEN WATER PIPE AND THE IMPACT THAT, DOES THAT HAVE AN IMPACT ON RESIDENTS? WHAT'S THE DEAL THERE? UM, BECAUSE A LOT OF THE CONVERSATION HAS BEEN AROUND THAT, AT LEAST FROM MY OFFICE FOR, UH, SCI TO DEVELOP THE COMBINED SITE.
AND THAT'S WHAT YOU'RE TALKING ABOUT.
THE THE OLD PLUS THE NEW, UH, THEY'VE GOTTA CREATE AN INTEGRATED PLAN.
THEY HAVE SHOWN US AN INTEGRATED PLAN STARTING WITH THE INFRASTRUCTURE THAT'S NEEDED.
AND OF COURSE THAT'S WHAT BRINGS UP THE DRAINAGE LINE AND THEIR ABILITY TO, UH, PLA THE PROPERTY AND BE SURE THAT THEY DON'T IN ANY WAY INTERFERE WITH THE CITY'S USE OF UTILITIES.
AND THAT LED TO THE DRAINAGE LINE THAT WE HAD.
THAT HAS TO BE MOVED OVER TO, UH, BE UNDER A STREET FOR WHATEVER REASON BEFORE IT WASN'T UNDER A STREET.
AND THE CITY BUILT IT THAT WAY YEARS AGO.
UH, FROM THERE THEY HAVE A PLAN TO BUILD A NEW TOWER TO REPLACE THE EXISTING ONE THEY HAVE ON THE SITE.
THEY'VE ACQUIRED LIKE THAT, THAT WOULD IN FACT, UH, BE RESISTANT TO THE FLOODING SITUATION THAT'S IN THERE.
UM, AND THE ECONOMICS, THEY HAVE PUT THAT TOGETHER AND THEY TOOK TO THE INTERNAL MANAGEMENT, THEY COMPARED IT WITH WHAT THEY WOULD HAVE TO DO TO GO TO SUGAR LAND ON DOING THAT.
AND THEN THEY CAME TO US AND SAID, WOULD YOU BE INTERESTED IN REIMBURSING US FOR SOME OF THE INFRASTRUCTURE FOR THAT? IT IS SIMPLE AND STRAIGHTFORWARD AS THAT.
NO DIFFERENT THAN A TAX ABATEMENT CONVERSATION.
AND MY GUESS IS THEY WILL CHOOSE TO LEAVE THAT THAT'S, YEAH, THAT'S A CHOICE.
AND WITH THE, WITH THE PIPE ITSELF, DO WE, AND I'M NOT THE ENGINEERING EXPERT, I'M JUST TRYING TO UNDERSTAND THIS, IF THE CITY DOES NOT MOVE, THAT IT, IT'S REGARDLESS OF WHAT IS BUILT THERE, THAT PIPE'S GOTTA COME OUT AND GO BACK INTO A MAJOR THOROUGHFARE.
IS THAT CORRECT? OR IS THERE A WORKAROUND? YEAH, I MEAN, IT'S, IT'S GONNA, IT, IT'S, IF NOTHING HAPPENED DIFFERENTLY THAT THE CITY PUBLIC WORKS WOULD'VE BEEN ON THE HOOK TO REPLACE THAT LINE SOMETIME IN THE NEAR FUTURE COUNCIL MEMBER.
ALCORN, DID YOU HAVE ANOTHER QUESTION? YES, THANK YOU.
UH, ON THE TMC 30 YEAR, IS THERE A REASON THAT 30 YEAR IS OUR, OUR DEAL? DOES THAT HAVE TO DO WITH DEBT OR WHAT, WHAT 30 YEAR THAT, UH, THAT WAS A TRADITION FROM WHEN THE CITY STARTED CREATING TURS.
I THINK IT GREW OUT OF THE CHARTER LIMITATION ON, UH, SELLING DEBT AT 30 YEARS.
BUT IT'S JUST BEEN OUR PRACTICE.
IF YOU GO TO THE FINANCIAL MARKETS OF SELLING VARIOUS
[01:10:01]
BOND ISSUES, 20 TO 25 YEAR BONDS WOULD TYPICALLY BE WHAT'S SOLD IN THE MARKETPLACE TO DO THAT.UH, THERE ARE OTHER CITIES IN TEXAS THAT GO LONGER THAN THE 30 YEARS.
THERE'S SOME THAT GO SHORTER THAN 30 YEARS.
THERE IS NO RULE AND THERE'S NO STATE LAW.
THAT SAYS YOU CAN'T ONLY CAN DO THEM FOR 30 YEARS AND NO STATE LAW AND DURATION EITHER.
UH, AND WHAT IS OUR SHORT, WHAT, WHICH TUR IS COMING TO ITS END THE SOONEST AND WHICH ONE'S THE LATE? I MEAN, WHAT DO YOU, UH, YOU MIGHT NOT KNOW THE, THE TURS, BUT DO WE HAVE SOME EXPIRING IN FIVE YEARS AND SOME IN 40 YEARS? I MEAN, WHAT THE RANK WE HAVE, WE HAVE ONE TUR THAT YOU WILL HEAR ABOUT, AND WE'RE IN THE MIDDLE OF DOING IT AS T 17 IN MEMORIAL CITY.
SO THE MEMORIAL CITY TOURS HAS SEVEN YEARS LEFT ON IT.
WE ARE IN THE MIDDLE OF DOING AN ENGINEERING STUDY WITH A TEEM GRANT.
AND IT'S POSSIBLE WE'LL COME TO YOU DEPENDING ON WHAT THE TEEM GRANT DOES, TO EXTEND THAT, TO MEET THE NEEDS OF A BOND SALE TO DO THAT DETENTION PROJECT OUT THERE.
BUT WE'RE NOT READY TO SAY THAT UNTIL WE SEE THE STUDY.
AND, AND THAT MAKES MY BROADER POINT.
WE'VE ONLY COME FORWARD WITH EXTENSIONS WHEN THERE IS A REAL LIFE PROJECT THAT MEETS THE PROJECT PLAN.
I IS THIS TMC TURS THE FIRST ONE THAT'S BEEN CREATED UNDER THE THIS ADMINISTRATION? YES.
AND, AND WHAT'S THE LONGEST TUR, I MEAN, IS 30 THE LONGEST? DO WE HAVE ANY GOING OUT PAST 30? OKAY.
I HAVE A QUESTION ON PAGE EIGHT.
WHEN WE TALKED ABOUT THE METRICS, HOW DID THESE METRICS CHANGE AS ADMINISTRATIONS CHANGE? IS THIS A CONSISTENT METRICS TABLE THAT WE USE ACROSS ADMINISTRATIONS? NOT ACROSS ADMINISTRATION.
SO FOR INSTANCE, UM, AFTER HARVEY IN 2017, THEN WE ADDED THE, UM, FLOODING INVESTMENT.
SO BECAUSE WE RECOGNIZE THE IMPLICATIONS OF PROJECTS THAT HAVE FLOODING AND DRAINAGE TYPES OF PROJECTS AS A PRIORITY OF THE ANNEXATION.
AND THEN ALSO, UM, THE MAYORAL PRIORITIES, UM, BECAUSE OF THE WORK THAT THE MAYOR WAS DOING AROUND COMPLETE COMMUNITIES, WE ADDED THAT.
UM, AND THEN ALSO TO LEVERAGE THE WORK THAT PUBLIC WORKS WAS DOING.
SO THE PUBLIC WORKS, CIP INFLUENCE.
SO AGAIN, THESE ARE THE EIGHT METRICS, BUT AGAIN, EVERY YEAR WE EVALUATE TO DETERMINE WHETHER OR NOT THERE ARE METRICS THAT WE NEED TO CONSIDER THAT WE MAY HAVE NOT CONSIDERED PREVIOUSLY THAT WE THINK IS GOING TO, UM, GIVE US A STRONGER OUTCOME IN, IN BEING EQUITABLE AS WE EVALUATE THESE PROPOSALS.
AND WE HAVE A QUESTION FROM, UH, THE CHAT.
ARE THERE ANY STRATEGIC ADVANTAGES TO DELAYING THE LIFE EXTENSION OFTS DELAYING THE LIFE? WELL, NONE OF THESE PROPOSALS HAVE A LIFE EXTENSION ASSOCIATED WITH IT.
BUT TO ANDY'S POINT, UM, LIFE EXTENSIONS ARE GONNA BE EVALUATED BASED ON THE VALUE AND THE CRITICALITY OF EXTENDING THE LIFE.
ANY OTHER QUESTIONS FROM COUNCIL MEMBERS? WE HAVE TWO PUBLIC SPEAKERS THAT ARE SIGNED UP TO SPEAK.
OUR FIRST PUBLIC SPEAKER IS MR. JEFFREY JONES.
MR. JONES, ARE YOU HERE? IS MR. JONES HERE? MR. JONES? OKAY.
WHAT ABOUT MR. LLOYD ADAMS? MR. LLOYD ADAMS, HOW DO YOU DO, UH, JUST SPEAK IN HERE OR DO I PUSH THE BUTTON? NO, GO AHEAD AND SPEAK IT, TOM.
UM, MY NAME IS LLOYD ADAMS. UM, THANK YOU FOR WELCOMING ME.
I'VE BEEN A RESIDENT OF TEMPLE TERRACE FOR ABOUT THE LAST 10 YEARS, AND I'M ON THE BOARD OF OUR PROPERTY OWNERS ASSOCIATION.
IT'S A GREAT NEIGHBORHOOD THAT STARTED BACK AT ABOUT 1931, BUT OUR BOUNDARIES ARE ALLEN PARKWAY AND WEST DALLAS AND STANFORD STREET AND TAF STREET.
SO IT INCLUDES THIS SCI PROPERTY, BUT IT'S A SLIGHTLY LARGER AREA THAN THAT.
UM, WE HAVE NO PROBLEM WITH SCI WANTING TO DEVELOP THEIR PROPERTY.
WE'RE NOT AGAINST DEVELOPMENT, BUT SINCE THIS WHOLE IDEA GOT FLOODED, WE'VE ALWAYS HAD CONCERNS ABOUT HOW WHAT THEY WANT TO DO IS GONNA IMPACT THE NEIGHBORHOOD.
UM, THIS GETS EVEN MORE IMPORTANT.
WE TALK ABOUT GIVING TAXPAYER MONEY TO THEM TO FACILITATE THE DEVELOPMENT AND TO BASICALLY ENHANCE THE VALUE OF THEIR PROPERTY.
UM, ALL THIS MAKES IT EASIER FOR THEM TO DO THINGS, BUT IT ALSO ADDS VALUE TO WHAT THEY ALREADY OWN.
UH, WHAT'S REALLY BOTHERING US A LOT IS THE BOUNDARIES OF THE, OF THE PROPOSED ANNEXATION.
THEY'RE ONLY TAKING HALF OF STANFORD STREET, WHICH RUNS FROM ALLEN PARKWAY TO WEST DALLAS.
THEY'RE ONLY TAKING A THIRD OF WEST MCKINNEY STREET, WHICH RUNS ALL THE WAY OVER TO TAFT.
[01:15:01]
TAFT STREET.SO WEST MCKINNEY AND TAFT IN PARTICULAR BECOME CHOKE POINTS FOR TRAFFIC.
AS ALL THIS STUFF DEVELOPS, THE BIGGER THE AREA GETS, THE MORE TRAFFIC THEY'LL BE.
AND WITHOUT THOSE STREETS BECOMING TOTALLY PART OF THE TURS, THE TURS ISN'T RESPONSIBLE FOR THAT INFRASTRUCTURE.
SO EXPANDING IT WOULD BE MUCH MORE BENEFICIAL BOTH TO FUTURE DEVELOPMENT AND TO THE NEIGHBORHOOD AS A WHOLE.
ANOTHER PART OF THAT IS, IS WHERE DOES THE MONEY GET SPENT? IF THE BOUNDARIES AREN'T EXPANDED, THEN THE NEIGHBORHOOD AS A WHOLE DOESN'T GET ANY INFRASTRUCTURE MONEY FROM IT.
SO INCLUDING A BIGGER BOUNDARY WOULD HELP PROTECT EVERYBODY THAT'S GONNA BE INVOLVED.
UM, NOW THE REAL PROBLEM WITH ALL OF THIS IS THAT THE ENTIRE IDEA IS SPECULATIVE.
THE SCI BOARD HAS NOT APPROVED A PROJECT THEY'VE COMMITTED TO SPEND ABSOLUTELY NO MONEY.
ALL THESE IDEAS ARE FLOATING AROUND, AND THEY MIGHT TALK ABOUT MOVING TO SUGARLAND, BUT THEY HAVEN'T APPROVED ANYTHING.
SO HERE WE ARE ASKING THE PUBLIC TO COMMIT THEMSELVES TO A TAX PROJECT BEFORE THEY'LL COMMIT THEMSELVES TO SPENDING A PENNY.
THAT SEEMS PRETTY INEQUITABLE TO ME.
UM, THE JOINT REFERRAL THING, ONCE AGAIN, THEY'RE ASKING THE PUBLIC TO GIVE UP PUBLIC PROPERTY RIGHTS OF WAYS AND ALL THE REST OF IT BEFORE THEY COMMIT TO DOING ANYTHING.
IT'S ALL GREAT TO SAY THEY WANT TO DEVELOP THE NEIGHBORHOOD, BUT THEY'RE NOT REALLY PUTTING THEIR MONEY WHERE THEIR MOUTH IS.
UM, SO IN ESSENCE, WHAT WE'D LIKE YOU ALL TO CONSIDER IS DELAYING THIS UNTIL SSCI MAKES AN ACTUAL COMMITMENT.
AND IF YOU DO DECIDE TO MOVE AHEAD WITH IT, PLEASE EXPAND THE BOUNDARIES.
SO THANK YOU FOR LISTENING AND I'LL ANSWER ANY QUESTIONS YOU'VE GOT COUNCIL MEMBER, UH, MAYOR PRO, TIM MARTIN? YES, SIR.
CHANNEL 11 IS IN THE A HUNDRED YEAR FLOODPLAIN.
WE ALL KNOW THAT'S THE REASON WHY THEY MOVED.
UH, SO WHAT IS, HAVE YOU SEEN ANYTHING OR HEARD ANYTHING FROM SEI AS TO WHEN THEY MOVED FROM THAT BUILDING AND REBUILD ON THE, I'M ASSUMING THEY'RE GONNA REBUILD ON THE OLD CHANNEL 11 LAND? YES.
AND ARE Y'ALL AS NEIGHBORS COMFORTABLE WITH THE FLOOD MITIGATION PLAN THAT WE WOULD PUT TOGETHER? I'M ASSUMING THAT YOU GUYS ARE PRIVY TO SOME OF THE THINGS THAT WELL, WE HAVE MET WITH SCI, BOTH AS A PROPERTY OWNERS ASSOCIATION AND AT A MEETING THAT COUNCILWOMAN CAME AND FACILITATED FOR US.
AND THERE'S A LOT OF TALK, BUT NOT A LOT OF ABSOLUTE PLANS.
THEY HAVEN'T COMMITTED TO ANYTHING.
SO THEY CAN SHOW US A PLAN, BUT THEY'RE NOT COMMITTED TO A PLAN.
I CAN NEVER UNDERSTAND WHY THEY'RE DECIDING TO MOVE THEIR BUILDING ONTO THE LOWEST SPOT IN THEIR ENTIRE HOLDING.
THEY OWN FROM STANFORD TO TAFT AND FROM ALLEN PARKWAY BACK TO ALMOST WEST MCKINNEY STREET, THEIR PRESENT PARKING GARAGE IS ON THE HIGHEST LAND IN THE ENTIRE PROPERTY.
THEY WANNA BUILD ON THE LOWEST PART, WHICH IS CONFOUNDING TO ME, BUT IT'S PRIVATE PROPERTY.
I I'M SURE THERE, THERE'S A VIABLE REASON FOR THAT.
THEY'RE NOT STUPID ENOUGH TO BUILD IN A, YOU KNOW, IN AN AREA THAT'S FLOOD.
WELL, THEY, THEY'RE GONNA, THEY'RE GONNA ELEVATE IT AND FACILITIES YEAH.
IT'S AN EXPENSIVE WAY TO DO IT.
'CAUSE THEY HAVE TO DO MORE FLOOD DETENTION.
AND I THINK THERE WE'RE, WE'RE TRYING TO DO IS, AND I STARTED MY STATEMENTS TODAY AND SAYING, I'M A FAN OF TOURS.
I WISH WE HAD ONE DOWN IN CLEAR LAKE, BUT THAT AIN'T GONNA HAPPEN.
BUT WE GET PUSHBACK FROM THE STATE LEGISLATURE WHEN WE GO TO THEM WITH TURS.
AND, AND I'M ASSUMING THERE'S GONNA BE ANOTHER, UH, ROADBLOCK BEING THROWN TO US ON TURS AND CREATION OF TURS AND ANNEXATION OF TUR.
SO I'M TRYING TO FIGURE OUT IF, ARE WE TRYING TO GET AHEAD OF THAT, WHICH IS THE REASON WHY WE'RE COMING NOW? OR COULD THAT BE, UH, IS, IS THAT PART OF OUR RATIONALE IN BRINGING THESE FORWARD? JUST A YES.
THANK YOU MR. ADAMS FOR BEING HERE.
UM, YOU MENTIONED, AND AGAIN, I HAD ASKED THESE QUESTIONS OF, UM, OUR DIRECTOR AS WELL, UH, THE OPPORTUNITY POTENTIALLY TO ANNEX PUBLIC RIGHTS OF WAY THAT WOULD NOT IMPACT OUR, UM, CAP AS WE HAVE IT.
UM, DO YOU, AS A RESIDENT, WHAT I HEAR YOU SAYING, BUT I WANNA MAKE SURE I UNDERSTAND, SEE A BENEFIT IN ANNEXING THOSE STREETS FOR PUBLIC BENEFIT AND WHAT'S, OR DO YOU HAVE SPECIFICS THAT YOU WOULD LIKE TO SEE? IS MY QUESTION? WELL, SIDEWALK STREET IMPROVEMENTS, WHICH AS I UNDERSTAND IT, IF IT'S INSIDE OF A TOURS, THEY'RE RESPONSIBLE FOR MAINTAINING AND IMPROVING THOSE IF YOU'RE OUTSIDE THE TOURS, THAT'S KIND OF OPTION.
I DON'T THINK THAT'S A CORRECT, I DON'T THINK THAT'S A CORRECT STATEMENT.
THE QUESTION WAS WHETHER OR NOT, IF IT, IF THE BOUNDARY OF A TOURS IS AT ONE POINT, WHETHER OR NOT THAT TOURS CAN ACTUALLY GO OUTSIDE OF THE BOUNDARY NEARBY TO MODIFY AND IMPROVE THE SIDEWALKS AND THE STREETS THERE.
WE HAVE ALWAYS TAKEN THE POSITION, LEGAL HAS
[01:20:01]
TAKEN THE POSITION.CAN YOU COME TO THE MICROPHONE, UH, DIRECTOR WITHIN THE BOUNDARIES OF THE SERVICE, WHICH IS WHY WE WOULD LIKE THE BOUNDARIES TO BE SOMEWHAT LARGER BECAUSE STREETS AND SIDEWALKS, WE NEED STOP SIGNS BECAUSE AS ALL THIS DEVELOPMENT TAKES PLACE, ALL THOSE STREETS ARE GONNA GET BUSIER.
WE, THEY NEED TO TAKE RESPONSIBILITY FOR THE IMPACT THAT THIS REDEVELOPMENT WILL CREATE.
AND THAT'S WHY WE WANNA MAKE SURE THAT ALL OF OUR NEIGHBORHOOD IS INCLUDED IN THE TURS SO THAT WE CAN BE PROTECTED FROM THE IMPACTS.
UH, MR. DOUG SMITH? I HAVE A PROBLEM BECAUSE I HAVE WAIT, WAIT.
YOU COME ON TO THE MICROPHONE.
I'M GONNA HAND OUT THAT MY GRANDSON, I, UM, ASKED THE UPS STORE TO MAKE SOME COPIES FOR ME.
I SAID I NEEDED 10 COPIES AND I GOT 10 COPIES, BUT THEY'RE BACK TO BACK.
SO IF I COULD ASK YOU TO SHARE, I WOULD APPRECIATE IT.
MS, YOU CAN, IF WE DO THREE PASS THIS, I GIVE OVER HERE AND I APOLOGIZE FOR THAT.
SHE'S IN SUCH A GOOD MOOD TODAY, SHARON AND KAREN.
YOU KNOW THAT WE'RE READY FOR YOUR COMMENTS MR. SMITH.
BEFORE I, UM, ADDRESS WHAT I JUST PRESENTED YOU, I HAVE A QUESTION.
'CAUSE YOU, YOU'RE TALKING TODAY ABOUT TWO VERY LARGE, UH, PROPOSALS.
THE TMC AND THE SCI, WHAT HAPPENS IF THEY ADD HUNDREDS OF MILLIONS OF DOLLARS WORTH OF DEVELOPMENT TO THE 25% CAP? DOESN'T THAT START BREAKING THE CAP? NO, NO, IT DOESN'T.
IT'S ONLY AT THE TIME THAT THEY'RE OKAY.
UM, WHAT, WHAT I PRESENTED TO YOU THERE, UM, I SUBMITTED SOME REQUESTS TO 3 1 1 TO GET SOME LANE STRIPING PUT IN FOR WHERE THERE'S NON-EXISTENT LANES ON SOME OF THE STREETS IN OUR AREA.
I'LL GET TO THAT IN JUST A MOMENT.
AND I WAS TOLD THERE'S A TWO YEAR WAIT TO GET THAT DONE.
AND THIS IS IN THE WEST CHASE AREA.
THIS IS A CROSSWALK WHERE ON SOME OF THE OTHER STREETS WE DON'T HAVE ANY CROSSWALKS AT ALL MARKED.
AND WHAT I WOULD LIKE TO SUGGEST IS, IF YOU ASK THE TOURS AND THE THREE 80 AGREEMENTS TO BE RESPONSIBLE FOR THE LANE STRIPING IN THE AREAS THAT THEY ARE LOCATED IN, UH, IT SEEMS LIKE A LOGICAL THING TO DO WHEN YOU LOOK AT THAT CROSSWALK, FOUR COLORED CROSSWALK.
UH, IT'S AT, I BELIEVE WEST PARK AND I CA UH, WEST, I CAN'T REMEMBER THE, JUST IT'S ON WEST PARK, BUT IT, IT LOOKS, UM, IT'S OVERDONE IN MY OPINION WHEN THERE IS SO MUCH NEED IN THE AREA WHERE I LIVE AND ALL OVER THE CITY.
SO, AND I, THAT'S THE REASON I'M HERE TO SEE IF YOU CAN, UH, GET THESE DISTRICTS TO HANDLE THAT SINCE THERE'S A TWO YEAR WAIT THAT WE HAVE TO GO THROUGH.
UH, WE WILL DEFINITELY TAKE THAT UNDER ADVISEMENT.
UH, I, I DO THINK THAT MAY BE THE MANAGEMENT DISTRICT THAT, UM, PUT UP THE FUNDS FOR THIS CROSSWALK.
UM, NOTWITHSTANDING WHAT YOUR COMMENT IS AND WHAT YOU'RE ASKING, UM, WE CAN, WE CAN DEFINITELY TAKE THAT UNDER ADVISEMENT.
BUT, UM, I KNOW WE'VE HAD SOME CONVERSATIONS WITH PUBLIC WORKS ABOUT, UH, THE TYPE OF PAINT THAT WE'RE USING ON THESE CROSSWALKS.
UH, THE AVAILABILITY OF THE PAINT, UM, AND THE PEOPLE TO STRIPE THE STREETS.
SO WE, WE'VE GOT SOME ISSUES WITH THAT.
UM, BUT WE DO HEAR YOUR QUESTION AND WE'LL DEFINITELY DISCUSS THAT, UM, WITH THE ECONOMIC DEVELOPMENT DEPARTMENT AS WELL.
UH, COUNCIL MEMBER KAMAN, I, I WAS JUST GONNA ADD, AND I DON'T QUOTE ME ON THIS, BUT TO YOUR POINT CHAIR, OUR MANAGEMENT DISTRICTS DO THE MAINTENANCE AND THE UPKEEP OF CERTAIN AREAS.
OUR TURS DO, UH, CORE IMPROVEMENTS, BUT THEY'RE MORE OF A ONE AND DONE PROCESS.
THEY DON'T DO THE MAINTENANCE AGREEMENTS.
FOR EXAMPLE, I'VE HAD SOME PROJECTS THAT RESIDENTS HAVE BROUGHT TO US AND I'VE LEGALLY HAD TO GO THROUGH OUR MANAGEMENT DISTRICT FOR THOSE MAINTENANCE AGREEMENTS RATHER THAN A TS IN THAT AREA.
SPECIFICALLY BECAUSE OF THOSE TYPES OF PARAMETERS.
SO I JUST WANTED TO DISTINGUISH THOSE.
BUT CHERYL, I'LL LET THE DEPARTMENT FORMALLY RESPOND.
WHAT'S THE DIFFERENCE BETWEEN A MANAGEMENT DISTRICT AND A THREE 80 DISTRICT? BECAUSE I THINK THIS IS THE WESTCHASE THREE 80 DISTRICT THAT DID THIS.
UH, DIRECTOR, DO YOU WANT TO ANSWER THAT? CAN YOU COME TO THE MICROPHONE SO WE CAN MAKE SURE, GET IT ON THE IT IS, IT IS.
WESTCHASE IS A MANAGEMENT DISTRICT,
[01:25:01]
HOWEVER, UH, CITY COUNCIL PASSED WHAT'S CALLED THE THREE 80 AGREEMENT, DEDICATING SOME PORTION OF AT VALOREM TAX TO THAT MANAGEMENT DISTRICT YEARS AGO.UH, IT'S ACTUALLY A 10 YEAR AGREEMENT THAT WILL LIKELY COME UP FOR SOME CONSIDERATION IN THE NEAR FUTURE.
UH, WE REVIEW A PROJECT PLAN THAT THEY SEND TO US.
WE CAN CERTAINLY TAKE THIS UP AND TALK TO, UH, UH, JIM MURPHY AND THE GROUP OUT AT WEST CHASE AND SEE WHAT THE ISSUE IS.
BUT I'LL BE GLAD TO FOLLOW UP.
AND ANOTHER, ANOTHER AREA I THINK IS THE, AT THE SOUTH END OF THE UPTOWN, THERE ARE THREE LANES OF WEST PARK, UH, THAT, UH, RIGHT NEAR THE NEW UPTOWN, UH, THE SOUTH END OF THE, UH, UPTOWN BUS THING.
THERE ARE THREE LANES OF WEST PARK, UH, THAT HAVE IN SOME PLACES NO STRIPING AT ALL.
UH, AND I WOULD THINK THAT THESE ARE THE KINDS OF THINGS THAT COULD BE TRANSFERRED TO THE DISTRICT.
THANK YOU FOR THAT, FOR THAT COMMENT.
THIS, THIS IS OUR WESTCHASE DISTRICT AND, UH, THE STRIPING THROUGHOUT WESTCHASE ALSO CONNECTS TO WOODCHASE PARK, ALL OF THE IMPROVEMENTS THAT THEY'VE DONE.
WOOD, THAT'S WHERE THIS YEAH, THAT'S WHERE THIS IS AT.
UH, BUT MOST RECENTLY, UH, IN DISTRICT F WE'VE HAD INTERSECTIONS RETRIED BY COMMISSIONER JACK KAGEL.
UM, AND SO WE PUT OUT A SURVEY TO COMMUNITY AND THAT WAS DONE WITHIN 10 DAYS, UH, ONCE IT WAS COMPLETE.
SO, UM, BUT I WILL TELL YOU, UM, EVEN ON BEL AIR AND DAIRY ASHFORD, I MEAN THEY, THEY, THEY WERE STRIPING ALL THE WAY DOWN TO RICHMOND AND JEANETTA.
PEOPLE WERE STILL BUMPING THE CURB, RIGHT? I MEAN, SO THEY HAD THE WHOLE ENTIRE MEDIUM WAS GOLDEN YELLOW.
WITHIN 48 HOURS, BUMP, BUMP, BUMP, BUMP, BUMP YOU, RIGHT? SO, UM, WE'VE DONE THAT AND PEOPLE WERE ABLE TO NOTICE THE DIFFERENCE.
BUT I DO THINK YOU RAISED A REALLY GOOD POINT ABOUT THAT MAINTENANCE AT COUNCIL NOT TOO LONG AGO, AND COUNCIL MEMBER PECK HAS RAISED THIS A COUPLE OF TIMES.
MAYOR TURNER ACTUALLY AGREED TO MAKING SURE THAT WE HAVE THE CAPITAL EQUIPMENT TO GET OUT TO COMMUNITIES TO MAKE SURE WE CAN HAVE THIS.
WE MAY NOT HAVE THE RAZZLE-DAZZLE OF WHAT WESTCHASE IS ABLE TO DO, BUT IT MAKES A DIFFERENCE WHEN YOU HAVE A CLEAR LINE AND YOU CAN SEE AT NIGHT, SO YOU'RE NOT CROSSING, WHICH CAN ALSO BE CONSIDERED A PUBLIC SAFETY DEAL.
BUT, UM, UH, THEY ARE ACTIVE PARTNERS IN COMMUNITY AND THEY'VE BEEN MAINTAINING AND PAINTING AND BEAUTIFYING THAT ENTIRE CORRIDOR.
BUT, UM, IF THERE'S ANYTHING WITH WEST CHASE MANAGER AND AROUND THIS, THEY HAVE A WHOLE TEAM DEDICATED TO MAKING SURE THAT THIS GETS DONE.
SO I THINK IT'S A MATTER OF US KEEPING THAT IN FRONT OF THEM.
THANK COUNCIL, COUNCIL MEMBER ALCO.
AND JUST AS A, AS A FOLLOW UP, UH, YOU KNOW, WHEN WE WERE TALKING ABOUT LANE STRIPING IN NOVEMBER, I DO HAVE A, AN UPDATE THAT THE CURRENT GOAL IS TO CLEAR ALL OVERDUE REQUESTS BY DECEMBER, 2023.
AND THAT PUBLIC WORKS HAS RECEIVED BIDS FOR A NEW CONTRACT AND EXPECTS TO HAVE A REQUEST FOR COUNCIL WITHIN THE NEXT 30 DAYS ON LANE STRIPING.
SO WE'RE, WE'RE THAT WE'RE GETTING MOVING ON LANE STRIPING AND, AND, UM, JUST, UM, ANDY, UM, DOT'S, STRIPE LANES WITHIN THEIR DISTRICT? NO, NEVER.
SOME OF THE PRO MICS, SOME OF THE PROJECT PLANS, YOUR MICS, SOME OF THE PROJECT PLANS THAT THATT HAVE, DO SOME PANEL REPLACEMENTS.
AND THEY'RE IN THE CIP YEAH, BUT WE DON'T, IN GENERAL TOURS DO NOT DO MANAGEMENT.
YEAH, THEY TOLD ME JUST LAST WEEK THAT THERE WAS A TWO YEAR WAIT FOR STRIPING.
WE'RE GONNA AND GET 'EM DONE IN A YEAR.
AND, AND JUST SOME CLOSING COMMENTS.
I ENJOY WORKING WITH JENNIFER, GWEN AND ANDY ON THIS.
IT'S ALWAYS INTERESTING FOR ME TALKING ABOUT TOURS AND WHAT THEY CAN AND CANNOT DO.
AND I'M SORT OF TIRED OF FORTUNE 500 COMPANIES MOVING OUTTA THE CITY OF HOUSTON.
I MEAN, IE EXXON, IE SHELL, I THINK WE'RE GONNA HAVE SOME CHALLENGES WITH OFFICE SPACE IN THE CITY AND, AND IF THIS IS AN ABILITY TO, TO DO IT AND MAINTAIN THEM, BUT TO DO IT THE RIGHT WAY AND TO SOLVE THE, THE NEIGHBORHOOD'S NEEDS, UH, I THINK IT'S, IT'S A GOOD IDEA.
BUT, YOU KNOW, IT'S, IT'S ONE OF THOSE THINGS WHERE, YOU KNOW, WE'RE LOSING A LOT OF, UH, NICE SIZED COMPANIES TO AREAS LIKE KATY AND SUGAR LAND AND PLACES LIKE THAT.
SO WE, YOU KNOW, IT'S ALWAYS GOOD TO LOOK BACK IN YOUR REAR VIEW MIRROR AND SAY, WE SHOULD HAVE DONE THIS, WE SHOULD HAVE DONE THAT.
SO THE ONLY THING THAT I, I WOULD LOVE TO SEE IS THE PLAN.
HOW DOES IT AFFECT THE NEIGHBORS? HOW DOES THIS AFFECT THESE GENTLEMEN HERE THAT ARE, THAT ARE REPRESENTING THE NEIGHBORHOOD, CAN USE SOME OF THAT TOUR TO DO SOME OF THE SIDEWALKS AND STREET SIGNS AS HE'S TALKING ABOUT.
SEEMS LIKE A NO BRAINER TO ME.
AND I KNOW THAT WITH THEM WORKING WITH YOU AND, UH, AND JENNIFER AND GWEN, IT'LL BE A GOOD IDEA.
WE STILL HAVE ONE, UH, SPEAKER.
UM, THE MAIN REASON I WANTED TO COME UP, I LIVE IN, UH, TEMPLE TARIFFS ON LAMAR.
UM, I JUST WANTED TO REINFORCE MAYOR PRO
[01:30:01]
TEM MARTIN'S, UH, REMARKS.UM, WE HAVE NO COMMITMENT AT ALL FROM SCI AS A CORPORATION.
UM, BUT THEY'RE ASKING FOR VERY SPECIFIC COMMITMENTS FROM THE CITY.
THEY WANT US TO RELINQUISH AND ABANDON TEMPLE DRIVE, WHICH GOES RIGHT THROUGH THE MIDDLE OF THEIR PROPERTY.
AND NOW THEY MAKE, IT GIVES THEM A FULLY CONTIGUOUS 10 ACRES OF LAND IN PRIME PROPERTY IN HOUSTON.
UM, AND THEY WANT TO THEN HAVE DEDICATED ACCESS TO TAX REBATES.
UM, THIS MAKES THAT PROPERTY VERY SALEABLE.
IF I'M ON THEIR BOARD OF DIRECTORS, YOU KNOW WHAT I'M THINKING, SELL, RIGHT.
THEY WANNA MAXIMIZE THE VALUE OF THEIR PROPERTY.
AND WHEN THEY HAVE NO COMMITMENT FROM THEM AND WE DON'T KNOW WHAT WE'RE GONNA GET, WE'VE GIVEN IT AWAY.
AND WHO KNOWS WHAT'S GONNA HAPPEN DOWN THE ROAD.
AND I, SO I STRONGLY SUPPORT HAVING A COMMITTED PLAN BEFORE WE PUT OUR, UH, MONEY ON THE TABLE OR OUR PROPERTY ON THE TABLE IN THE FORM OF TEMPLE DRIVE.
ANY QUESTIONS? IF THERE ARE NO OTHER QUESTIONS OR COMMENTS? YES, MA'AM.
UM, I, I JUST WANNA ASK THE QUESTION THAT I ASKED, UM, OF MR. ADAMS, WHICH WAS, IF THIS MOVES FORWARD AND THERE ARE, THERE IS AN ABILITY FOR US TO, AS A CITY ANNEX SOME OF THE PUBLIC RIGHTS OF WAY AROUND THE NEIGHBORHOOD FOR THOSE SPECIFIC IMPROVEMENTS, IS THAT SOMETHING THAT YOU SEE WOULD BE A BENEFIT TO THE NEIGHBORHOOD IF DEVELOPMENT IS GONNA GO AHEAD AT THAT SITE? I, I CAN'T BELIEVE THEY'RE JUST GONNA REBUILD THEIR LITTLE CORPORATE HEADQUARTERS AND THAT'S IT.
THAT SITE IS TOO BIG AND TOO VALUABLE FOR THAT SIZE OF A BUILDING.
UM, SO IT'S GONNA BE SOMETHING MUCH BIGGER, SIMILAR TO A IG UM, POTENTIALLY, IF THAT'S GONNA HAPPEN, THE INFRASTRUCTURE REQUIREMENTS AROUND THAT AREA ARE GONNA BE QUITE HIGH.
AND SO WE NEED TO MAKE SURE THEY ARE FULLY ADDRESSED WITH THE ROADS, SEWERS, STORM, YOU KNOW, DETENTION, ALL THOSE THINGS.
UM, INCLUDING HOW IT'S MANAGED DURING CONSTRUCTION, WHICH IS OFTEN THE MOST DISRUPTIVE.
ANY OTHER QUESTIONS, COMMENTS? ALL RIGHT.
IF THERE ARE NO FURTHER COMMENTS OR QUESTIONS, I DO WANT TO THANK EVERYONE FOR JOINING US TODAY.
AND BEFORE WE ADJOURN, I'D LIKE TO REMIND EVERYONE THAT OUR NEXT SCHEDULED ECONOMIC DEVELOPMENT COMMITTEE MEETING WILL BE WEDNESDAY, JANUARY THE 18TH AT, AND THAT WOULD BE IN 2023 AT UH, 2:00 PM ALSO, IF YOU'RE INTERESTED IN RECEIVING INFORMATION ON THE ECONOMIC DEVELOPMENT COMMITTEE MEETINGS, PLEASE CONTACT THE DISTRICT, A OFFICE AT DISTRICT A@HOUSTONTX.GOV.
THE TIME IS 3 35 AND WE ARE ADJOURNED CHAIR.