Sep 17, 2024 City Council

>> THAT PASSES 6-0. OUR LEGISLATIVE AGENDA.

THESE ITEMS MAY LEGALLY REQUIRE COUNCIL ACTION,

[LEGISLATIVE AGENDA]

BUT BY COUNCIL POLICY SHOULD BE THE CITY MANAGER'S RESPONSIBILITY.

THE LEGISLATIVE AGENDA CAN BE ACTED UPON IN ONE MOTION.

THE CONCURRENCE OF TWO COUNCIL MEMBERS IS REQUIRED TO MOVE ANY ITEM FOR SEPARATE DISCUSSION AND ACTION.

COUNCIL MEMBERS MAY VOTE IN A ON ANY ITEM WITHOUT COMMENT, AND MAY SUBMIT WRITTEN COMMENTS AS PART OF THE OFFICIAL RECORD.

COUNCIL REVIEW OF ITEMS 39 AND 40.

>> MOVE TO APPROVE ITEMS 39 AND 40.

THAT'LL MOVE US TO OUR REGULAR AGENDA.

>> MOTION PASSES 6-0.

[42. Consider and act upon execution of the Fourth Amendment to the Soccer Complex Lease Agreement by and between the City of Frisco, Texas and Frisco Stadium, LLC. (CMO/KS)]

WE'RE ACTUALLY GOING TO SKIP AHEAD TO ITEM 42, WHICH IS CONSIDER AND ACT UPON EXECUTION OF THE FOURTH AMENDMENT TO THE SOCCER COMPLEX LEASE AGREEMENT BY AND BETWEEN THE CITY OF FRISCO, TEXAS AND FRISCO STADIUM, LLC.

>> GOOD EVENING, MAYOR AND CITY COUNCIL.

KEN SCHMIDT, DIRECTOR OF SPECIAL PROJECTS.

THE THREE AGREEMENTS ADDRESSED BY THIS PRESENTATION REFLECT THE NEXT STAGE OF TOYOTA STADIUM, AND AN EXTENSION OF AN EXISTING PUBLIC PRIVATE PARTNERSHIP BETWEEN THE CITY OF FRISCO, FRISCO COMMUNITY DEVELOPMENT CORPORATION, FRISCO ECONOMIC DEVELOPMENT CORPORATION, FRISCO INDEPENDENT SCHOOL DISTRICT, AND FRISCO STADIUM, LLC.

THAT ENTITY REFLECTS THE HUNT FAMILY OWNERSHIP GROUP, THE OWNERS OF FC DALLAS, AS WELL AS THE TOYOTA STADIUM AND SOCCER CENTER OPERATOR.

THE CITY OF FRISCO AND FRISCO ISD HAS A LONG HISTORY OF UTILIZING PUBLIC PRIVATE PARTNERSHIPS TO ACHIEVE COMMUNITY GOALS.

WITH THIS PARTNERSHIP MODEL, THE CITY DOES A ROBUST FEASIBILITY ANALYSIS.

THEN ULTIMATELY PROCEEDS WITH VISION REFINEMENT AND IMPLEMENTATION.

THIS IS A VERY COLLABORATIVE PROCESS.

THE PROJECT THAT IS BEFORE YOU TONIGHT IS REALLY AT THE CONCLUSION OF THAT FEASIBILITY STAGE.

WITH THAT, THE OWNER HUNT FAMILY HAS PLEDGED TO WORK WITH THE CITY TO CONTINUE TO REFINE THIS VISION, AND TO ENSURE THAT THIS SPORTS ANCHORED ENTERTAINMENT DISTRICT IS OF THE SAME QUALITY THAT WE HAVE SEEN IN OTHER PROJECTS, NAMELY PJ FRISCO AND THE STAR.

WE ARE NOW 20 YEARS INTO THIS PARTNERSHIP.

IF YOU LOOK BACK TO 2003, 20 YEARS AGO, THIS WAS A VAST EXPANSE OF VACANT LAND.

SINCE THAT TIME, WE'VE SEEN THE DEVELOPMENT OF A PROFESSIONAL ATHLETIC STADIUM, AS WELL AS A SOCCER COMPLEX AND THE NATIONAL SOCCER HALL OF FAME.

AROUND THAT SITE, YOU'VE SEEN ALSO EXTENSIVE PRIVATE DEVELOPMENT THAT REALLY HAS CREATED A DESTINATION HERE IN CENTRAL FRISCO.

WITH THESE THREE AGREEMENTS, YOU'RE REALLY TRANSITIONING TO THE NEXT PHASE THROUGH THE ADOPTION AND CONSIDERATION OF A VISION FOR AN ENTERTAINMENT AND SPORTS ANCHORED MIXED USE DEVELOPMENT, REFLECTING THE NEXT PHASE OF SPORTS CITY USA HERE IN FRISCO.

THE THREE AGREEMENTS THAT ARE FOR YOUR CONSIDERATION TONIGHT INCLUDE AN AMENDMENT TO THE LEASE AGREEMENT THAT REQUIRES CITY COUNCIL ACTION, THAT EXTENDS THE LEASE FOR FC DALLAS THROUGH DECEMBER OF 2057.

THEN IT ALSO REFLECTS A RENT INCREASE IN ORDER TO COVER THE HUNT FAMILY'S DEBT SERVICE OBLIGATION FOR THE PROPOSED IMPROVEMENTS TO TOYOTA STADIUM.

THE NEXT AGREEMENT IS A REIMBURSEMENT AND PERFORMANCE AGREEMENT THAT WAS ACTED ON EARLIER TONIGHT BY THE CDC, AND IT REQUIRES CITY COUNCIL ACTION NOW.

THAT ESTABLISHES REQUIREMENTS FOR THE HUNT FAMILY TO CONSTRUCT THE STADIUM IMPROVEMENTS AND ALSO FUND A PORTION OF THE COSTS.

[01:50:03]

ALSO PROVIDES A DIRECTION TO THE CDC TO ISSUE SALES TAX REVENUE BONDS TO FUND UP TO 182 MILLION IN STADIUM IMPROVEMENTS.

THE THIRD AND FINAL AGREEMENT INCLUDES A MASTER DEVELOPMENT AGREEMENT THAT WAS ACTED ON AND APPROVED EARLIER BY THE CDC AND EDC, AND THAT ADDRESSES THE PROPOSED MIXED USE DEVELOPMENT THAT WILL ULTIMATELY ACCOUNT FOR OVER $1 BILLION IN PRIVATE INVESTMENT AT THIS SITE.

THE STADIUM IMPROVEMENTS ARE EXTENSIVE BEGINNING WITH ADDITIONAL SEATING AND THE AMOUNT OF 3,400 ADDITIONAL SEATS.

MUCH OF THAT WILL BE ACCOUNTED FOR AT THE NORTH END OF THE STADIUM.

IT WILL ALSO UPGRADE CLUB LEVEL SEATING, AS WELL AS THE SUITES, AND THEN ACCOUNT FOR A MAJOR RECONSTRUCTION OF THE CONCOURSES PROVIDING NEW ENTRIES AT THE EAST, WEST AND NORTH AREA OF THE STADIUM.

NEW CONCESSION AREAS, KITCHEN AREAS, RETAIL SHOPS, NEW PUBLIC RESTROOMS, AND ALSO SUBSTANTIAL UPGRADES TO THE BROADCAST BOOTH, PRESS BOX, STADIUM TECHNOLOGY, AV, LIGHTING.

THEN ANOTHER NOTABLE IMPROVEMENT WILL BE THE ADDITION OF SHADE STRUCTURES AT THE NORTH, EAST, AND WEST END OF THE SEATING AREAS, ACCOMMODATING YOU HAVE AT THE SOUTH END OF THE STADIUM.

WITH THOSE STADIUM IMPROVEMENTS, THE AGREEMENTS THAT FACILITATE THOSE ARE THE LEASE AGREEMENT.

ONCE AGAIN, EXTENDING THAT LEASE TERM, KEEPING FC DALLAS HERE FOR ANOTHER 30 PLUS YEARS.

THEN THAT SECOND ADDITIONAL RENT THAT REFLECTS PAYMENT OF THE HUNT FAMILY'S OBLIGATION OF THIS DEBT SERVICE THAT WOULD KICK IN IN FEBRUARY OF 2028, AND THEN ULTIMATELY BE RETIRED IN 2057.

THE REIMBURSEMENT AND PERFORMANCE AGREEMENT ESTABLISHES ALL REQUIREMENTS FOR THE HUNT FAMILY TO CONSTRUCT AND MANAGE THE PROJECT.

THE CITY WOULD BE IN A MONITORING ROLE, AND WE WOULD BE PROCESSING REIMBURSEMENT REQUEST AS THEY'RE SUBMITTED.

THEY ARE REQUIRED TO COMMENCE CONSTRUCTION ON THE PROJECT IN DECEMBER OF 2025 AND COMPLETE THE CONSTRUCTION IN DECEMBER OF 2028.

THE CDC WOULD ISSUE THOSE SALES TAX REVENUE BONDS TO FUND UP TO 182 MILLION IN STADIUM IMPROVEMENTS AND THE ALLOCATION OF THOSE COSTS REFLECT A 44% BEING ALLOCATED TO TAX INCREMENT REINVESTMENT ZONE NUMBER 1.

YESTERDAY, FISD DID OPT TO PARTICIPATE IN THAT FUNDING, AND THE CITY AT A LATER DATE WILL AMEND THE PROJECT AND FINANCE PLAN FOR TURF 1 TO REFLECT THAT PARTICIPATION.

THE HUNT FAMILY WOULD ADDRESS 36% OF THOSE COSTS VIA A BI ANNUAL RENT PAYMENT, AND THEY WOULD ALSO BE RESPONSIBLE FOR ANY COSTS IN EXCESS OF 182 MILLION.

THE CDC WOULD BE RESPONSIBLE FOR 20% OF THE FUNDING ALLOCATED TO PAY FOR THE 182 MILLION IN IMPROVEMENTS.

THE PROPOSED MIXED USE IMPROVEMENTS INCLUDE IMPROVEMENT TO EXISTING SURFACE PARKING AREAS AND VACANT LAND AROUND THE STADIUM.

THIS WILL INCLUDE AT LEAST 1.2 MILLION SQUARE FEET OF CLASS A OFFICE SPACE.

IN THIS GRAPHIC, THAT'S SITUATED TO THE WEST OF THE STADIUM.

IT WOULD INCLUDE A FULL SERVICE UPSCALE HOTEL ACCOMMODATING 200 ROOMS, AND A HIGH RISE MULTI FAMILY BUILDING WITH AT LEAST 200 DWELLING UNITS AS WELL AS RETAIL AND RESTAURANT SPACE AT THE GROUND FLOOR.

THOSE TWO ELEMENTS ARE AT THE SOUTHEAST QUADRANT OF THIS IMAGE ON THE EAST SIDE OF THE STADIUM.

ALSO, AT THAT LOCATION, YOU WOULD SEE 30,000 SQUARE FEET OF RETAIL AND RESTAURANT SPACE, BOTH FREE STANDING AND INTEGRATED INTO THE HOTEL AND MULTIFAMILY BUILDINGS.

THEN TO ACCOUNT FOR THE LOSS OF SURFACE PARKING THROUGH THIS DEVELOPMENT, NEW PARKING STRUCTURES WOULD BE CONSTRUCTED PRIMARILY ON THE WEST SIDE OF THE SITE, BUT ALSO SUPPORTING DEVELOPMENT ON THE EAST SIDE OF THE SITE.

AS THIS IS A VIBRANT, WALKABLE PEDESTRIAN ORIENTED MIXED USE DEVELOPMENT, NEW CIVIC SPACES ARE PROPOSED IN EACH OF THESE DEVELOPMENT QUADRANTS, AND THEN STREETSCAPE WOULD BE UPGRADED THROUGHOUT THE SITE.

HERE IS ONCE AGAIN, THE ILLUSTRATIVE CONCEPTUAL MASTER PLAN.

THIS IS SOMETHING THAT THROUGH THE ZONING PROCESS, THE HUNT FAMILY WILL CONTINUE TO WORK WITH OUR STAFF THERE IN THE SOUTHEAST QUADRANT.

ONE THING THAT I WOULD POINT OUT IS THAT WILL SERVE AS A KEY GATEWAY TO THE RAIL DISTRICT.

THAT WILL DIRECT PEDESTRIAN ACTIVITY TO AND FROM THE RAIL DISTRICT,

[01:55:05]

PROVIDING FOR COMPLEMENTARY USE BETWEEN THE TWO SITES, AND THEN ON THE WEST SIDE OF THE SITE, THERE WILL ALSO BE PEDESTRIAN IMPROVEMENTS PROVIDING CONNECTIVITY BETWEEN THE EXISTING RETAIL THAT FRONTS THE TOLLWAY, AND THEN THROUGH THE SITE, THROUGH THE OFFICE DEVELOPMENT AND ULTIMATELY TO THE STADIUM AREA.

THIS IS A RENDERING THAT REFLECTS THAT MASTER PLAN.

HERE YOU CAN SEE AT THE SOUTHEAST QUADRANT AT THE CORNER OF FRISCO STREET AND MAIN STREET.

WHERE YOU REALLY SEE THE GATEWAY TO THE RAIL DISTRICT PEDESTRIAN ACTIVITY THROUGH AN ACTIVATED PEDESTRIAN MUSS AREA AND ALSO A PLAZA SITUATED BETWEEN THE HOTEL AND THE MULTI-FAMILY BUILDING IS REFLECTED THERE, AND THEN ON THE WEST SIDE, YOU'LL SEE AN ADDITIONAL PLAZA ADJACENT TO THOSE FOUR MID RISE OFFICE BUILDINGS.

>> HERE YOU SEE A RENDERING OF THE EASTERN PLAZA.

THE DESIGN INSPIRATION FOR THIS IS SOMETHING SIMILAR TO WHAT YOU SEE AT THE STAR, WHERE YOU HAVE THE FOOTBALL FIELD, IN THIS CASE, IT'S MORE SOCCER ORIENTED, HAVING A VIDEO SCREEN.

HERE YOU COULD HOST COMMUNITY EVENTS.

YOU'LL ALSO HAVE RESTAURANT AND RETAIL SPACE FRONTING ON THIS AREA, AND THIS WILL BE VERY WALKABLE.

WHERE YOU SEE PAVING THAT IS PRIMARILY INTENDED TO SERVE PEDESTRIAN USE.

HERE YOU SEE A RENDERING OF BOTH THE HOTEL AND THE RESIDENTIAL TOWER.

BOTH ARE HIGH RISE BUILDINGS.

THE HOTEL WILL FRONT DIRECTLY ON MAIN STREET, WHEREAS THE RESIDENTIAL TOWER WILL FRONT ONTO FRISCO STREET.

YOU ALSO SEE THE PARKING STRUCTURE INTEGRATED INTO THE RESIDENTIAL TOWER AS WELL.

THERE'S ANOTHER VIEW FROM FRISCO STREET, AND YOU SEE THAT IT SERVES AS THE EASTERN GATEWAY INTO THE STADIUM.

THEN THERE IS THE VIEW LOOKING TO THE NORTH FROM THE INTERSECTION OF MAINE AND FRISCO STREET, WHERE YOU SEE ONCE AGAIN, THAT ACTIVATED PLAZA.

HERE'S A VIEW OF THE OFFICE ON THE WEST SIDE OF THE SITE, THAT BUILDING IN THE FOREGROUND, THAT IS ACTUALLY ON A PORTION OF CITY OWNED LAND ON THE STADIUM SITE.

THE BUILDINGS ON THE WEST SIDE OF WORLD CUP WAY WOULD BE ON HUNT FAMILY OWNED LAND.

THE GREEN AREAS REALLY ARE INTENDED TO CONVEY A HIGH DEGREE OF PEDESTRIAN CONNECTIVITY, WHERE YOU HAVE AMPLE STREET TREES, WIDE SIDEWALKS, WHERE YOU REALLY FOCUS ON PEDESTRIAN COMFORT TO AND FROM THE PARKING AREAS AND THE OFFICE BUILDINGS INTO THE STADIUM SITE.

THEN HERE YOU SEE SOME RENDERINGS OF THE MID RISE BUILDINGS, LOTS OF OUTDOOR AMENITIES FOR THOSE TENANTS THAT YOU CAN SEE HERE, AND THEN THERE'S ANOTHER OFFICE RENDERING.

ONE LAST RENDERING, THIS SHOWS THE PRIMARY STREET THROUGH THE OFFICE SITE WORLD CUP WAY.

SO BEFORE WE GET INTO THE INCENTIVE DISCUSSION, THE PRESIDENT OF FC DALLAS, DAN HUNT WOULD LIKE TO ADDRESS THE COUNCIL.

>> MAYOR CHENEY, CITY COUNCIL, WES AND RICHARD, SO THANKFUL FOR THIS OPPORTUNITY AND THE COMMITMENT FROM FISD AND THE CDC AND THE EDC.

I'VE HAD SO MUCH TIME TO REFLECT ON THIS OPPORTUNITY.

THIS IS SUCH A SPECIAL PLACE IN MY HEART.

AS I LOOK AT IT, AND I THOUGHT BACK TO A CONVERSATION THAT I HAD WITH MY FATHER LAMAR BACK IN DECEMBER OF 2006 BEFORE HE PASSED AWAY.

HE WAS TALKING WITH BOTH CLARK AND MYSELF.

HE SAID, GUYS, I'VE PUT YOU IN THE RIGHT PLACE.

FRISCO IS GOING TO BE THE EPICENTER OF THE METROPLEX, AND HE WAS SO RIGHT ABOUT THAT.

BUT HE ALSO CHALLENGED US.

HE CHALLENGED US TO TAKE CARE OF OUR VENUE.

HE SAID, "IF YOU TAKE CARE OF IT, IT WILL TAKE CARE OF YOU AND IT'LL TAKE CARE OF ALL THE FANS AND ALL THE PATRONS AND ALL THE PEOPLE THAT WORK THERE IN THE COMMUNITY." AND TO DATE, WE'VE INVESTED ALMOST $50 MILLION INTO KEEPING IT MODERN WITH CAPITAL IMPROVEMENTS, MAINTENANCE, AND ALL THOSE THINGS THAT GO WITH IT.

SO WE'VE DONE OUR JOB DOING THAT.

BUT ONE OF THE BIGGEST THINGS THAT HE SAID TO US, WHICH IS SO IMPORTANT IS THAT THE TAXPAYERS DESERVE A RETURN ON THEIR INVESTMENT.

CLARK AND I HAVE BEEN SO COMMITTED TO MAKING SURE THAT WE BOOK EVENTS.

IT'S NOT JUST FC DALLAS GAMES.

IT'S COLLEGE FOOTBALL GAMES.

IT'S HIGH SCHOOL FOOTBALL AND HIGH SCHOOL SOCCER.

[02:00:02]

WE CONTINUE TO BOOK IT UP ALL THE TIME BECAUSE THE TAXPAYERS OF THE CITY OF FRISCO DESERVE THAT RETURN ON THEIR INVESTMENT, AND SO OFTEN I'M ASKED ABOUT WHAT IS MY FAVORITE SPORT? I'M I A FOOTBALL GUY OR I'M I A SOCCER GUY? TRUTHFULLY, I'M BOTH.

BUT I TELL EVERYBODY THAT I HAVE THE GREATEST JOB IN THE ENTIRE WORLD.

THE REASON FOR THAT IS THAT IT'S THE LAST PROJECT THAT I GOT TO DO WITH MY DAD WHILE HE WAS STILL ALIVE, AND IT HAS SUCH A SPECIAL PLACE.

AND NOW IT'S GOING TO GET EVEN BETTER WITH THESE STADIUM IMPROVEMENTS.

WHEN I LOOK AND THINK ABOUT THE FIELD COMPLEX AND ALL 145 ACRES THERE, INCLUDING THE STADIUM, IT REALLY IS A DREAM FACTORY FOR SO MANY PEOPLE.

THE STORY OF FC DALLAS IS INCREDIBLY WELL KNOWN, THE NUMBER OF NATIONAL TEAM PLAYERS THAT WE PRODUCE AND NAMES LIKE RICARDO PEPI AND JESUS FERREIRA, BUT WE'RE NOW PRODUCING THEM ON THE GIRLS SIDE FOR THE NATIONAL TEAM PROGRAMS, AND IT'S INCREDIBLY EXCITING TO SEE THAT.

BUT RECENTLY, I WAS WITH A FRISCO GRADUATE BY THE NAME OF NICK BOLTON, WHO'S THE MIDDLE LINEBACKER FOR THE KANSAS CITY CHIEFS.

WE WERE TALKING ABOUT HIS HIGH SCHOOL CAREER AT TOYOTA STADIUM.

HE SAID, WOW, WHAT AN UNBELIEVABLE PLACE TO PLAY FOOTBALL GAMES.

BUT I SAID TO NICK, YOU CAN'T IMAGINE WHAT'S COMING TO THIS STADIUM.

WE'RE GOING TO BUILD A STATE OF THE ART STADIUM THAT ACTUALLY IS NOT GOING TO BE THE NICEST SOCCER SPECIFIC STADIUM IN NORTH AMERICA.

THIS IS GOING TO BE THE NICEST SMALL SOCCER SPECIFIC STADIUM IN THE ENTIRE WORLD.

THERE IS SO MUCH THOUGHT THAT HAS GONE INTO THIS.

OBVIOUSLY, YOU SAW THE RENDERINGS AND THE ROOF STRUCTURE AND THE SEATING CAPACITY INCREASE BY 10%.

BUT WE WANT THIS TO BE SO FAN FRIENDLY.

WE'RE GOING TO INCREASE CONCESSIONS BY 59%.

WE'RE GOING TO INCREASE RESTROOMS BY 26%.

CLUB SEATS WILL GO UP BY 175%.

WHAT THAT'S GOING TO DO IS ALLOW US TO RECRUIT MORE EVENTS HERE, VISITING NATIONAL TEAMS, CONCERTS, ALL THINGS THAT DRIVE THE ECONOMIC BASE HERE IN FRISCO, TEXAS.

BUT WE'RE NOT STOPPING THERE.

WE TALKED ABOUT THIS FOR AN INCREDIBLY LONG TIME.

JUST BEFORE COVID, WE WERE REALLY FOCUSED ON DEVELOPING THE GROUND THAT WE OWN AROUND THE STADIUM.

THEN OBVIOUSLY, THERE WAS A GIGANTIC SETBACK TO THAT.

BUT NOW WE'RE READY TO TAKE THAT NEXT BIG STEP DEVELOPING OUR LAND AROUND FRISCO.

WE'RE NOT JUST GOING TO BE A WORLD CLASS STADIUM, AND WE'RE NOT GOING TO BE A WORLD CLASS FIELDS.

WE'RE GOING TO BE A WORLD CLASS SPORTS AND ENTERTAINMENT DESTINATION.

ON THE EAST SIDE, RIGHT THERE ON MAIN STREET, YOU'RE GOING TO HAVE AN UPPER UPSCALE HOTEL.

EVENTUALLY WE'LL HAVE A RESIDENTIAL TOWER.

ON THAT SIDE, THERE'LL ALSO BE 30,000 SQUARE FEET OF RETAIL.

THEN ON THE WEST SIDE, WE'RE GOING TO BUILD 1.2 MILLION SQUARE FEET OF CLASS A OFFICE.

IT'S GOING TO BE BEAUTIFUL.

IT'S GOING TO BE WALKABLE.

IT'S GOING TO CONNECT DOWNTOWN WITH THE RAIL YARD DISTRICT, AND ALSO, WITH THE OTHER AREAS THAT ARE BEING DEVELOPED ACROSS THE WHOLE AREA.

BY TYING THIS TOGETHER, I THINK WE'RE GOING TO CREATE A SPORTS EPICENTER RIGHT HERE IN FRISCO, TEXAS.

THIS CITY HAS SHOWN THAT IT CAN DO IT WHEN YOU LOOK AT PLACES LIKE THE STAR AND ALSO WHAT'S HAPPENING AT THE PGA.

THIS IS TRULY A UNIQUE COMMUNITY.

MY FATHER WAS SO RIGHT ABOUT IT.

THIS IS THE EPICENTER.

THIS IS A GIGANTIC MOMENT FOR US.

YOU HAVE OUR COMMITMENT.

MY BROTHER AND CLARK AND I WILL DELIVER A WORLD CLASS PROJECT TO THE CITY OF FRISCO.

WE DREAM BIG, BUT FRISCO, TEXAS IS THE PERFECT PLACE TO DO IT. THANK YOU VERY MUCH.

>> THANK YOU. [APPLAUSE]

>> FOR THE FIRST PHASE OF THE MIXED USE IMPROVEMENTS, THERE'S A MASTER DEVELOPMENT AGREEMENT THAT CONSIDERS PERFORMANCE BASED INCENTIVES FOR THAT PHASE OF THE PROJECT.

THERE'S TWO ELEMENTS, ONE COMPONENT THAT ADDRESSES THE HOTEL MULTIFAMILY AND RETAIL COMPONENT THAT WAS PREVIOUSLY DISCUSSED.

THEN A SECOND COMPONENT, WHICH CONSIDERS A PORTION OF THE OFFICE, SPECIFICALLY ONE BUILDING, REFLECTING 200,000 SQUARE FEET, AND THEN ONE OR MORE PARKING STRUCTURES THAT WOULD BE SHARED BY EVENT ATTENDEES AND MIXED USE DISTRICT TENANTS.

WITH THOSE PERFORMANCE BASED INCENTIVES, WE'RE CONSIDERING A QUALIFIED INFRASTRUCTURE GRANT FROM THE FRISCO ECONOMIC DEVELOPMENT CORPORATION COMPRISING $25, 000, 000 IN QUALIFIED INFRASTRUCTURE SUPPORTING TYPE A PROJECTS.

THAT WOULD BE BROKEN DOWN INTO TWO COMPONENTS UP TO 12.5 MILLION THAT WOULD APPLY TO THAT FIRST PHASE OF THE PHASE ONE COMPONENT, AND THEN A SECOND 12.5 MILLION DOLLAR GRANT,

[02:05:03]

THAT WOULD APPLY TO THE SECOND PIECE OF THAT FIRST PHASE OF THE PROJECT.

ALSO, WITH THIS REQUEST, THERE IS A SEPARATED MATERIAL SALES TAX GRANT THAT WOULD ADDRESS 50% OF CITY CDC, AND EDC SALES TAX REVENUES GENERATED BY THE PURCHASE OF CONSTRUCTION MATERIALS AND SERVICES FOR THE COMMERCIAL BUILDINGS AND SITE INFRASTRUCTURE IMPROVEMENTS THAT'S PART OF THIS PHASE ONE.

SO WHEN YOU APPLY THAT, THAT WOULD REFLECT A HALF CENT OF THE CITY'S $0.01 SALES TAX, AND THEN A QUARTER CENT OF THE CDCS AND EDC'S HALF CENT SALES TAX.

LIKE ANY DEVELOPMENT AGREEMENT THAT THE CITY CONSIDERS, THERE ARE PERFORMANCE REQUIREMENTS ASSOCIATED WITH THIS AGREEMENT, NAMELY, STARTING WITH THE COMPLETION OF THE STADIUM CAPITAL IMPROVEMENTS BY DECEMBER 31ST, 2028, AND THEN COMPLETION OF THE FIRST COMPONENT OF PHASE ONE OF THE MIXED USE IMPROVEMENTS BY DECEMBER 31ST, 2035, AND THEN COMPLETION OF THAT SECOND COMPONENT BY DECEMBER 31ST, 2037.

WITH THAT, THE OFFICE WOULD REQUIRED TO HAVE A 50% OF THAT SPACE, HAVE A PERMANENT OCCUPANCY ESTABLISHED.

SO AT LEAST AN OCCUPIED OFFICE, AND THEN THE HOTEL, RETAIL, AND MULTIFAMILY AND THE PARKING WOULD NEED TO BE FULLY OPERATIONAL AND OPEN TO THE PUBLIC BY THOSE COMPLETION DATES.

ALSO, THEY'RE REQUIRED TO ACHIEVE A MINIMUM INVESTMENT OF 110 MILLION FOR THE OFFICE, AND THEN 231 MILLION FOR THE HOTEL, RETAIL, AND MULTIFAMILY, WILL BE REQUIRED TO COMPLY WITH CITY BUILDING MATERIAL STANDARDS AND ALSO DEDICATE ALL NEEDED RIGHT OF WAY AND EASEMENTS.

THERE ARE NUMEROUS COMMUNITY BENEFITS RESULTING FROM THIS PROJECT THAT START WITH CONTINUATION OF A VALUED PARTNERSHIP.

THIS PARTNERSHIP PROVIDES EXCEPTIONAL FACILITIES TO FIST ATHLETES, PROVIDES ADDITIONAL TOURISM AND SALES TAX REVENUE TO THE CITY, AND IT ALSO PROVIDES ADDITIONAL CAPITAL PARTNERS TO THE HUNT FAMILY FOR THESE IMPROVEMENTS.

FRISCO IS KNOWN NATIONALLY AND INTERNATIONALLY, A SPORTS CITY USA, THAT BUILDS UPON THAT BRAND AND IT ENHANCES IT.

ALSO, IT PROVIDES SUPPORT FOR OUR LONG STANDING VISION FOR DOWNTOWN FRISCO, THE RAIL DISTRICT TO REALLY BE A CENTRAL ACTIVITY HUB FOR FRISCO.

THIS WILL COUPLE WITH GRAHAM PARK, INVESTMENTS IN FRISCO SQUARE, AND THEN OUR ONGOING INVESTMENT DOWNTOWN TO REALLY CREATE A DYNAMIC, WALKABLE PLACE.

THEN FINALLY, REINVESTING IN OUR ASSETS IS JUST GOOD BUSINESS PRACTICE.

WE'VE INVESTED A LOT IN TOYOTA STADIUM AND THE COMPLEX.

IT WOULD BE A GOOD GOVERNANCE TO CONTINUE TO MAINTAIN AND REINVEST AND KEEP IT A VIBRANT PLACE.

THIS PROJECT AND THESE PROPOSED AGREEMENTS ALSO WILL NOT IMPACT PROPERTY TAXES FOR EXISTING FRISCO RESIDENTS OR BUSINESSES.

SO EARLIER TODAY, THE FRISCO CDC AND EDC APPROVED THE REIMBURSEMENT AND PERFORMANCE AGREEMENT, AS WELL AS THE MASTER DEVELOPMENT AGREEMENT.

STAFF DOES RECOMMEND THAT YOU APPROVE THE FOURTH AMENDMENT TO THE LEASE, THE REIMBURSEMENT AND PERFORMANCE AGREEMENT AND THE MASTER DEVELOPMENT AGREEMENT.

WE'D HAPPY TO ADDRESS ANY QUESTIONS THAT YOU MAY HAVE.

>> WELL, THANK YOU FOR THE PRESENTATION.

DAN, THANK YOU FOR YOUR KIND WORDS AND YOUR 20 PLUS COMMITMENT TO THE CITY OF FRISCO.

HUNT SPORTS GROUP HAS BEEN AN AMAZING PARTNER FOR THIS COMMUNITY, NOT JUST BRINGING YOU KNOW PROFESSIONAL SPORTS IN FC DALLAS TO OUR COMMUNITY, BUT I BELIEVE STRONGLY THE WORLD CUP WOULD NOT BE HAPPENING IN DALLAS, IF NOT FOR HUNT SPORTS GROUP AND THEIR EFFORTS TO BRING IT TO THIS REGION.

CERTAINLY FRISCO IS GOING TO BE A MAJOR PLAYER IN THAT REGARD WHEN IT'S HERE IN 2026.

HALF OF OUR CITY HAS TO BE DONE BY 2026.

THAT'S THE JOKE COMING HERE. IT HAS TO BE DONE BY THE WORLD CUP.

THIS GOING TO BE DONE BY THE WORLD CUP NOW.

BUT YOU MENTIONED THIS IS AN EXCITING DAY FOR YOUR FRANCHISE AND YOUR FAMILY.

IT'S AN EXCITING DAY FOR THE CITY OF FRISCO AND THE FAMILIES THAT LIVE HERE.

I MEAN, THE COMMITMENT TO THE STADIUM, ALONG WITH FRISCO ISD, YOU KNOW, STADIUM DESIGNS USED TO BE HOW THIS WAS DONE WHEN IT WAS FIRST DONE.

YOU PUT A STADIUM IN A SEA PARKING.

IT COMES ALIVE FOR THREE HOURS IN AN EVENING WHILE A GAME IS GOING ON, EVERYONE GETS IN THEIR CARS, AND THEN THEY LEAVE.

WELL, SPORTS HAS CHANGED, OVER THE LAST TWO DECADES, AND THE STAR WAS ONE OF THE FIRST ONES INTO THAT, WHICH IS THE STADIUM BECOMES THE ANCHOR, AS YOU SAID, AS A SPORTS CENTERED, YOU KNOW, ENTERTAINMENT AND SPORTS COMPLEX, THAT HAS MIXED USE IN OFFICE AND RESTAURANT AND RETAIL.

[02:10:01]

IT COMES TO LIFE ALL TIMES A DAY, EVEN WHEN THERE'S NOT A GAME DAY.

THE WHOLE PLAZA EXPERIENCE THAT YOU SEE ON THE STAR AT PJ FRISCO OR WHAT YOU'LL SEE HERE IN A FEW YEARS OUTSIDE THE STADIUM WILL BRING IT TO LIFE ON DAYS THAT FC DALLAS IS TRAVELING AWAY FROM HOME.

IT HELPS THE ENTIRE REGION.

IT'S A MODEL THAT FRISCO HAS BEEN SUCCESSFUL IN AS FAR AS USING THESE ANCHOR STADIUMS TO CREATE A HALO EFFECT AROUND THAT WHOLE REGION.

WE'VE GOT CERTAINLY THE STAR THAT ANCHORS THE SOUTHERN PART OF OUR CITY AND HAS LED TO TREMENDOUS BILLIONS OF DOLLARS OF DEVELOPMENT IN THAT REGION.

OF COURSE, LANDING PGA FRISCO, SINCE THAT PROJECT WAS DONE, THERE'S BEEN MORE THAN $10 BILLION OF ANNOUNCED COMMERCIAL DEVELOPMENT SURROUNDING THAT PROJECT JUST TO BE NEAR IT.

CERTAINLY WITH WHAT'S ABOUT TO HAPPEN HERE, THIS IS THE BULL'S EYE OF FRISCO, IF YOU LOOK ON THE MAP, THIS IS MAINE AND MAINE. IN THE HEART OF IT.

WE REALLY NEED TO PAY ATTENTION TO THIS PART OF OUR CITY.

WE'VE LEANED IN TREMENDOUSLY FROM THE NEARLY $100 MILLION WE'RE PUTTING INTO THE RAIL DISTRICT THAT WILL FEED INTO THIS TO ROLLER TOWN, WHICH IS UNDER CONSTRUCTION RIGHT NOW, THAT WALK RIGHT INTO THE INVESTMENTS MADE HERE AT THE STADIUM AND TO CREATE THIS WALKABLE EXPERIENCE IS REALLY EXCITING FOR THIS PART OF OUR CITY.

IT'S A MAJOR INVESTMENT, BUT WE BELIEVE IN DOING THINGS BIG AS A COMMUNITY.

I LOVE THAT YOU SAID ON TAPE THAT THIS WILL BE THE BEST SINGLE PURPOSE SOCCER STADIUM IN THE WORLD.

WE GOT THAT NOTED [LAUGHTER].

BUT WE WOULD EXPECT NOTHING BUT FIRST CLASS FROM YOU AND YOUR FAMILY.

THAT'S HOW YOU'VE TREATED OUR CITY AND OUR COMMUNITY SINCE YOU GOT HERE.

WE'RE JUST THANKFUL TO HAVE AN INCREDIBLE PARTNER LIKE YOU.

I'LL SPEAK FOR THE FRISCO ISD SIDE.

IT IS PRETTY INCREDIBLE THAT OUR STUDENT ATHLETES GET TO PLAY IN FACILITIES OF THIS CALIBER. I GOT TO LIVE IT.

I MEAN, MY TWO SONS GOT TO PLAY HIGH SCHOOL FOOTBALL, AND THEY PLAYED MULTIPLE TIMES IN THIS STADIUM.

WHILE THEY'LL NEVER GROW UP TO BE NICK BOLTON PLAYING FOR THE KANSAS CITY CHIEFS, FOR A SMALL MOMENT OF TIME, THEY GOT TO FEEL LIKE WHAT IT WAS LIKE TO BE A PROFESSIONAL ATHLETE, WHY THEY WERE HERE IN THE CITY OF FRISCO.

THAT WAS AN INCREDIBLE EXPERIENCE FOR THEM.

IT WAS AN INCREDIBLE EXPERIENCE FOR OUR FAMILY, AND THAT'S JUST HOW WE DO THINGS HERE IN THE COMMUNITY.

ON BEHALF OF CERTAINLY THE RESIDENTS OF FRISCO THAT HAVE ENJOYED THIS STADIUM FOR 20 YEARS, THANK YOU FOR CONTINUING TO INVEST IN IT.

THE COMMUNITY WILL GET TO ENJOY THIS FACILITY IN FC DALLAS, CALLING FRISCO THEIR HOME FOR THE NEXT 30 PLUS YEARS.

THANK YOU AND CONGRATULATIONS.

WITH THAT, COUNSEL, I'LL TURN IT TO A FOR FURTHER COMMENTS AND FEEDBACK.

>> FEEL LIKE I'VE BEEN TALKING FIRST THE ENTIRE NIGHT.

I GUESS I'LL GO AHEAD AND DO IT.

THE AMAZING THING ABOUT THIS REINVESTMENT IS THAT IT'S $182 MILLION.

ONCE AGAIN, YOU'RE GOING TO HEAR ANOTHER THEME, BUT IT DOESN'T AFFECT OUR PROPERTY TAX RATE.

IN FACT, LATER ON, YOU'RE GOING TO SEE WE STILL HAVE MORE BUDGET ITEMS. BUT WE'RE ACTUALLY GOING TO BE LOWERING THE TAX RATE.

I KNOW PEOPLE ARE AGAIN PROBABLY THINKING, IT'S $182 MILLION.

HOW IS THAT POSSIBLE? WELL, IT'S POSSIBLE IN FRISCO BECAUSE OF THE WAY THAT OUR PREVIOUS LEADERS AND FOUNDING LEADERS SET UP THE WAY WE CAN DO THINGS LIKE THIS IN FRISCO.

FC DALLAS, IT'S PART OF OUR IDENTITY NOW.

I WOULD LOVE FOR YOU ALL TO ALSO BRING TAYLOR SWIFT. THAT WOULD BE REALLY COOL.

[LAUGHTER] BUT THE VISION OF THIS AREA BEING SOMETHING THAT DRAWS PEOPLE LIKE ME, I'M THE ARTS PERSON, BUT I GO TO THE STAR ALL THE TIME.

THE RETAIL AND THE RESTAURANTS.

SAME THING AT THE PGA.

I WOULD LOVE TO BE ABLE TO DO THE SAME THING OVER AT FC DALLAS, AND I SEE THAT IN THE VISION, WHICH IS EXCITING.

I THINK THAT IS WHAT IS THE FRISCO WAY. IT'S INNOVATIVE.

IT'S GAME CHANGING. NOW FOR SPORTS, WE'RE REALLY KNOWN FOR SPORTSTAINMENT.

I MEAN, IT'S THE MERGING OF BOTH.

I'M EXCITED ABOUT THIS.

I THINK WE HAVE TO REINVEST.

WE CAN'T BE JUST DOING SHINY AND NEW THINGS AND THEN NEGLECTING THEM WHEN IT'S GETTING OLDER.

WE HAVE TO LOOK AT HOW TO MAKE SURE WE'RE FORWARD THINKING, AND WE ARE LEVELING UP.

I'M EXCITED TO SEE HOW THIS TURNS OUT.

>> MR. HUNT, I'D LIKE TO THANK YOU FOR BEING HERE TONIGHT.

WE HAVE AMAZING STAFF WHO JUST DO INCREDIBLE WORK AT PRESENTING THESE THINGS TO US.

BUT THERE'S NOTHING LIKE HAVING SOMEONE WHO HAS REAL SKIN IN THE GAME COME AND PRESENT TO US.

THANK YOU FOR BEING HERE TONIGHT.

THAT SAYS A LOT AND I THINK THAT IS THE SECRET SAUCE OF FRISCO IS THE AMAZING PARTNERSHIPS THAT WE HAVE.

FOLKS WHO NOT ONLY ARE WILLING TO PUT CAPITAL BEHIND WHAT THEY EXPECT, BUT YOU'RE ALSO USING ALL OF

[02:15:01]

YOUR SUBJECT MATTER EXPERTISE AND HELPING US GROW THIS AREA OF SPORT, SO THANK YOU FOR BEING HERE.

I THINK THAT SPEAKS VOLUMES.

AGAIN, JUST ECHOING SOME OF THE POINTS THAT THE MAYOR HAS ALREADY MADE.

THERE'S A HALO EFFECT.

WHEN WE INVEST IN FC DALLAS AND THIS TOYOTA STADIUM, WE ARE INVESTING IN EVERYTHING AROUND IT AND SO WE EXPECT TO SEE THAT FLOW OF ECONOMIC IMPACT FLOW NOT ONLY AT YOUR FACILITY, BUT FURTHER DOWN THE STREET TO THE REAL DISTRICT WHERE WE'RE ALSO INVESTING MONEY.

THANK YOU AGAIN FOR INVESTING IN CLASS A OFFICE.

DATA TELLS US THAT CORPORATIONS ARE STARTING TO RETURN TO WORK AND PHYSICAL SPACE AND SHIFTING AWAY A LITTLE BIT FROM THAT REMOTE MODEL AND SO WE'RE GOING TO NEED MORE CLASS A AS OTHER ORGANIZATIONS FIND THAT FRISCO IS THE PLACE TO WORK IN PLAY AND SO THAT'S ANOTHER PLUS FOR US.

THEN FINALLY, I THINK, AS SOMEONE WHO IS SLOWLY BECOMING A SOCCER FAN, I'M EXCITED ABOUT THE FACT THAT THIS MIXED USE FACILITY IS NOT GOING TO JUST BE FOR THOSE WHO ARE IMMERSED IN SOCCER, MUCH LIKE THE STAR AND PGA.

IT'S GOING TO BE FOR THOSE WHO JUST WANT A GREAT EXPERIENCE OUTDOORS AND SO I'M EXCITED THAT YOU ARE LOOKING AT EXPANDING THAT OFFERING FOR THOSE OF US WHO MAY NOT NECESSARILY BE DEVOUT SOCCER FANS YET, BUT WHO WANT A BROADER EXPERIENCE.

AGAIN, THANK YOU FOR YOUR INVESTMENT.

THANK YOU FOR BEING HERE TONIGHT.

IT SPEAKS VOLUMES ABOUT THE IMPORTANCE OF YOUR PARTNERSHIP WITH FRISCO.

>> I WOULD ONLY ADD THAT I LOVE THAT THIS IS GOING TO CONNECT SO MUCH OF THIS AREA.

THERE IS SO MUCH OPPORTUNITY TO BE ABLE TO GO ENJOY THESE RESTAURANTS, THEN GO TO A GAME, OR THEN GO TO THE BAR AFTERWARDS AND CELEBRATE THAT YOUR TEAM JUST WON.

BEING ABLE TO CONNECT THIS ALL THE WAY TO DOWNTOWN, THIS IS GOING TO HELP TO ALLEVIATE A LOT OF THINGS IN THIS AREA, SUCH AS A LOT OF THE IMMEDIATE TRAFFIC THAT HAPPENS RIGHT AFTER GAMES.

THERE'S PLENTY OF PLACES FOR PEOPLE TO GO.

THERE'S OTHER OPPORTUNITIES FOR PEOPLE TO GET IN AND OUT OF THIS AREA.

I'M ALSO VERY GRATEFUL THAT YOU GUYS HAVE DECIDED TO KEEP THE STADIUM OPEN DURING RENOVATIONS.

THAT IS A HERCULEAN EFFORT TO BE ABLE TO DO THAT.

BUT I KNOW OUR SEASON TICKET HOLDERS AND OUR FANS ARE GOING TO BE VERY APPRECIATIVE OF THAT, AND BE ABLE TO SEE EVERYTHING AS IT'S EVOLVING AS WE'RE WORKING THROUGH THAT.

THERE'S A LOT OF REALLY GOOD THINGS THAT ARE GOING TO COME OUT OF THIS, AND I'M LOOKING FORWARD TO IT AND I'M ABSOLUTELY THRILLED THAT FC DALLAS IS COMMITTED TO STAYING LONGER.

THAT'S WONDERFUL NEWS.

>> I AGREE WITH MY COLLEAGUES.

WHEN YOU SHOWED THAT THE GRAPHIC OF WHAT THAT PROPERTY LOOKED LIKE BACK IN 2003 AND THEN 2006, BOY, DID THE MEMORIES COME FLOODING BACK OF TRYING TO GET DOWN THE TOLLWAY WHEN THE TOLL WAKE DIDN'T EXIST.

THAT'S BECAUSE OF VISIONARY LEADERSHIP, SUCH AS YOURSELF AND YOUR FATHER AND THOSE COUNCIL MEMBERS THAT WERE ON THIS DAIS BEFORE US.

NONE OF WHAT WE SEE TODAY AND WHAT I THINK IS JUST GOING TO BE INCREDIBLE IMPROVEMENTS TO THE STADIUM AND THIS AREA COULD HAVE HAPPENED WITHOUT THAT VISIONARY LEADERSHIP OF THOSE THAT CAME BEFORE US.

AS MY COLLEAGUE SAID, I'M LOOKING FORWARD TO THE ADDITIONAL ACTIVATIONS AND THE ADDITIONAL OUTDOOR SPACES.

I LOVE GOING WATCHING THE SOCCER GAMES THERE, THE CONCERTS OR WHATEVER.

IT'S FIVE MINUTES FROM HOME, SO I CAN'T WAIT FOR THESE TO GET DONE, SO THANK YOU FOR BEING A PART OF FRISCO.

>> FOR THE HUNT FAMILY, I WAS WATCHING THE PRESENTATION, AND IT SAID HSG UP ON THE BOARD, AND I THOUGHT, WELL, I THINK THAT'S HUNT SPORTS GROUP, AND THEN THE PRESENTATION WAS, WELL, NO, THE HUNT FAMILY IS PAYING FOR ALL OF THIS AND SO I THOUGHT I WAS WAITING FOR A LITTLE CORRECTION THERE.

BUT HUNT SPORTS GROUP OR THE HUNT FAMILY, I GUESS, NOW ARE ALMOST OBVIOUSLY PERFECTLY SYNONYMOUS.

BUT IT'S A PROVEN CONCEPT.

SOCCER'S NOT A FAD.

IT'S HERE TO STAY, AND YOU'VE BUILT ON THAT CONCEPT AND YOU CERTAINLY UNDERSTAND FOOTBALL AS IT TRANSLATES HERE IN THIS COUNTRY AND AROUND THE WORLD.

YES, WE ARE VERY EXCITED ABOUT 2026, BUT I CAN'T HELP UP LOOK BACK AND THINK HOW YOU WERE INNOVATIVE IN BUILDING THE STAGE AT ONE END AND THEN BRINGING THE SOCCER HALL OF FAME HERE.

WE TALK ABOUT OUR HIGH SCHOOLS BEING ABLE TO PLAY HERE AND OUR KIDS GO OFF TO COLLEGE AND WE WANT TO BE A FULL LIFE CYCLE CITY WHERE THEY OBVIOUSLY COME BACK HERE AND WORK.

BUT THE IDEA THAT THEY COULD ALSO COME BACK HERE AND PLAY CERTAINLY REFLECTED IN THE DIVISION 1 FOOTBALL GAMES, AND HOW SUCCESSFUL THAT WAS AND LED TO THE FRISCO BOWL, AND ALL THE DIFFERENT OPPORTUNITIES THERE WITH THE NCAA AND HOW EXCITED THEY ARE ABOUT FRISCO.

AS THEY CONTINUE TO COME BACK HERE, AND THEY SEE THE OTHER VENUES THAT WE HAVE IN THE HALO EFFECT, AND THEN WE'RE NOT COMPETING HERE,

[02:20:03]

BUT COMPLIMENTING EACH OTHER.

THE STAR, OF COURSE, BEING ANOTHER INDOOR VENUE WHERE THEY'VE HAD TRACK AND FIELD, A NUMBER OF DIFFERENT EVENTS, EVERYTHING FROM LACROSSE TO GYMNASTICS AND NO ONE EVER SAYS, WELL, THE ONE IS TAKING AWAY FROM THE OTHER.

IT'S ALWAYS, WOW.

SPORTS CITY USA, TRULY, AND YOU GUYS ARE DOING AN INCREDIBLE JOB.

EVERYBODY ALWAYS ASKS, WHAT'S NEXT? WHAT'S NEXT FOR FRISCO? HOW CAN YOU POSSIBLY TOP WHAT YOU'VE ALREADY DONE? YOU'VE HEARD OUR VISION FOR A PERFORMING ART CENTER.

YOU'VE HEARD OUR CONTINUING COMMITMENT TO BE SPORTS CITY USA, AND JUST APPLAUD THE WORK THAT YOU HAVE DONE, THAT YOU ARE HERE IN PERSON WITH YOUR TEAM AND THE WORK THAT YOU'VE DONE IN THE PAST AND CONTINUE TO DO, IT GIVES EVERYONE, I THINK UP HERE, INCLUDING OUR STAFF AND OUR CITIZENS CONFIDENCE AND EXCITEMENT TO KNOW THAT YOU GUYS ARE REINVESTING IN EVERYTHING THAT YOUR FAMILY DOES AND STANDS FOR, AND THAT YOU CONTINUE TO CALL FRISCO HOME. THANK YOU.

>> I CAN HONESTLY SAY I'VE NEVER BEEN AS EXCITED ABOUT SOCCER BEFORE IN MY LIFE AS I AM TONIGHT.

[LAUGHTER] BE VERY EXCITED TO SEE THIS BUILD OUT TO SEE WHAT YOU GUYS CREATE.

BUT REITERATE THE POINT.

THIS ISN'T JUST FOR ATHLETES.

ONE OF MY BEST MEMORIES OF THE STADIUM IS MY DAUGHTER SINGING THE NATIONAL ANTHEM WITH HER CHOIR GROUP, AND THAT WAS HER BIGGEST AUDIENCE BY FAR.

APPRECIATE THE OPPORTUNITIES THAT YOU GIVE ALL OF OUR STUDENTS, NOT JUST OUR ATHLETES.

LOOK FORWARD TO SEEING THIS HAPPEN AND BEST OF LUCK.

>> THANK YOU, BRIAN. HONORARY COUNCIL, WE HAVE THREE ITEMS FOR CONSIDERATION.

FIRST IS ITEM 42. I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 42.

ITEM 43 IS CONSIDER AND ACT UPON A REIMBURSEMENT AND PERFORMANCE AGREEMENT FOR TOYOTA STADIUM CAPITAL IMPROVEMENTS BY AND BETWEEN THE CITY OF FRISCO, THE FRISCO COMMUNITY DEVELOPMENT CORPORATION AND FRISCO STADIUM, LLC. LOOK FOR A MOTION.

>> THAT PASSES 6-0.

[43. Consider and act upon a Reimbursement and Performance Agreement for Toyota Stadium capital improvements, by and between the City of Frisco, Texas, the Frisco Community Development Corporation, and Frisco Stadium, LLC. (CMO/KS)]

>> MOVE TO APPROVE ITEM 43.

ITEM 44 IS CONSIDER AND ACT UPON

>> THAT PASSES 6-0.

[44. Consider and act upon a Master Development Agreement for Toyota Stadium capital improvements and related mixed use improvements, by and between the City of Frisco, Texas, Frisco Economic Development Corporation, Frisco Community Development Corporation, and Frisco Stadium, LLC. (CMO/KS)]

A MASTER DEVELOPMENT AGREEMENT FOR TOYOTA STADIUM, CAPITAL IMPROVEMENTS, AND RELATED MIXED USE IMPROVEMENTS BY AND BETWEEN THE CITY OF FRISCO, TEXAS, FRISCO ECONOMIC DEVELOPMENT CORPORATION, FRISCO COMMUNITY DEVELOPMENT CORPORATION, AND FRISCO STADIUM, LLC.

>> MOVE TO APPROVE ITEM 44.

[APPLAUSE] WE'RE GOING TO TAKE A BRIEF RECESS.

>> MOTION PASSES 6-0.

CONGRATULATIONS.

COUNCIL, LOOK FOR A MOTION TO RECESS.

>> SO MOVED.

>> HEY, COUNCIL, CAN I HAVE A MOTION TO RECONVENE?

>> MOTION PASSES 6-0.

>> SO MOVED.

>> MOTION BY BILL. SECOND BY JOHN. ALL IN FAVOR?

>> PASSES 6-0, RECONVENE IN TO REGULAR SESSION AT 9:29 PM. THAT TAKES US TO ITEM 41.

[41. Public Hearing: A request for a Specific Use Permit for an Office/Warehouse/Distribution Center on one lot on 16.2± acres on the north side of SH 121, 1,060± feet west of Custer Road, and to consider to direct Staff to prepare an Ordinance of the same. Zoned Highway with a Specific Use Permit for a Commercial Nursery (S-84) and a Specific Use Permit for Outside Storage (S-74). Neighborhood #27. Specific Use Permit Case No. SUP24-0003. Applicant: Langan Engineering and Environmental Services, LLC. (Development Services/JH)]

A PUBLIC HEARING REQUEST FOR A SPECIFIC USE PERMIT FOR AN OFFICE WAREHOUSE DISTRIBUTION CENTER ON ONE LOT ON 16.2 ACRES ON THE NORTH SIDE OF STATE HIGHWAY 121, 1,060 FEET WEST OF CUSTER ROAD, AND TO CONSIDER TO DIRECT STAFF TO PREPARE AN ORDINANCE OF THE SAME ZONED HIGHWAY WITH A SPECIFIC USE PERMIT FOR COMMERCIAL NURSERY S-84 AND A SPECIFIC USE PERMIT FOR OUTSIDE STORAGE S-74.

NEIGHBORHOOD NUMBER 27, SPECIFIC USE PERMIT CASE NUMBER SU0003, APPLICANT, LANGAN ENGINEERING AND ENVIRONMENTAL SERVICES, LLC.

>> YES, MAYOR AND CITY COUNCIL.

THE PROPERTY HAS A BASE ZONING OF HIGHWAY ZONING ON IT.

WHEN FIRST MEETING WITH THE APPLICANT, AS THEY DESCRIBE THE TYPE OF PROJECT THEY WANTED TO DO, WE HAVE TWO DEFINITIONS, ONE'S OFFICE WAREHOUSE AND THEN THE OTHER ONE IN WHICH THERE WELL, THE OFFICE WAREHOUSE IS ALLOWED BY RIGHT.

ONE OF THE MAIN THINGS IS THAT IT CAPS THE AMOUNT OF WAREHOUSING SPACE TO 50% OF THE BUILDING. NO MORE THAN THAT.

OR THE SECOND USE WAS OFFICE WAREHOUSE DISTRIBUTION CENTER AND SO THERE'S NOT A CAP ON THE AMOUNT OF WAREHOUSE AND YOU CAN DO ON THE PROPERTY, BUT THAT ONE DOES REQUIRE A SPECIFIC USE PERMIT.

I JUST WANT TO BE CLEAR IF IT WAS JUST OFFICE WAREHOUSE, IT WOULD BE AN ALLOWED USE ON THE PROPERTY.

THEY MADE THE DECISION TO GO WITH THE SPECIFIC USE PERMIT ROUTE TO HAVE MORE FLEXIBILITY ON THE PROPERTY.

THE TWO SUPS ON THE PROPERTY, TODAY, THOSE WILL BE RESCINDED.

YOU HAVE FANINN TREE FARM ON THE PROPERTY, AND I UNDERSTAND THEY'RE GOING TO BE RELOCATING THAT IN THE FUTURE.

WE WORKED WITH THE APPLICANT.

LET'S SEE, THE TOTAL BUILDING IS 180,000 SQUARE FEET, SO ABOUT ROUGHLY 90,000 SQUARE FEET A PIECE.

[02:25:01]

THE BAY DOORS.

THIS BUILDING IT FACES NORTH AND THE BUILDING TO THE NORTH, THE BAY DOORS FACES TO THE SOUTH.

WE DID NOT WANT TO HAVE ANY BAY DOORS FACING TOWARDS THE HIKING BIKE TRAIL THAT RUNS ALONG WEST ROLETE CREEK.

THIS IS THE WALMART CENTER JUST ON THE EAST SIDE OF THE CREEK.

THE STATE HIGHWAY 121.

THE SERVICE ROAD IS A MAJOR TRUCK ROUTE IN THE CITY, JUST LIKE 380 D&T AND PRESTON ROAD.

BUT WITH THE OPEN SPACE IS PRIMARILY CONCENTRATED ALONG THE EASTERN EDGE OF THE PROPERTY.

WE WORKED WITH THE TOPOGRAPHY, WE WORKED TO GET SCREENING, MAKING SURE YOU'RE NOT SEEING THE BAY DOORS FROM THE HIKE AND BIKE TRAIL.

THEY'RE VERY THOUGHTFUL AND LAYING THAT OUT, AND WE HAVE AMENITIES IN THAT OPEN SPACE.

BUT WHEN THIS CAME UP BEFORE THE PLANNING AND ZONING COMMISSION, PLANNING AND ZONING COMMISSION VOTED FORGE TWO FOR THE APPROVAL OF THIS ITEM.

TWO COMMISSIONERS WERE IN OPPOSITION.

STEVE COHEN HAD THE MOST TO OPPOSE THIS.

HE'S ALSO ON THE COMPREHENSIVE PLAN ADVISORY COMMITTEE.

WAS A LONG TERM VISION FOR 121.

WE'LL LET YOU KNOW WITH THE 2015 PLAN, 2006 COMPREHENSIVE PLAN.

WE HAD IN THERE ABOUT DOING A OVERLAY DISTRICT ON 121.

THAT IS SOMETHING THAT COUNCIL DECIDED NOT TO DO ANYTHING WITH, AND WE DID THE OVERLAY DISTRICT UP ON 380.

THEY DIDN'T SEE A NEED TO DO ONE ALONG 121.

AS I POINTED OUT, THIS IS THE MAJOR TRACK ROUTE, AND THAT'S WHY STAFF IS SUPPORTIVE OF THE USE.

I'D BE GLAD TO ANSWER ANY QUESTIONS.

THE ACIN IS HERE FOR ANY QUESTIONS THAT YOU MAY HAVE.

WE DID SEND NOTICES OUT TO PROPERTY OWNERS.

WE DID NOT RECEIVE ANY COMMENTS ON THIS REQUEST.

>> WHEN YOU SENT NOTICES OUT, WHO WOULD THEY HAVE GONE OUT TO? ANY OF THE RESIDENTIAL?

>> WELL, WE DO NOTIFY THE HOA CONTACT PERSON BEING WITHIN 1,500 FEET, AND I THINK THE TURNBRIDGE MANOR FALLS INTO THAT.

>> THEN WHERE ARE YOU IN THE CURRENT COMP PLAN PROCESS AND THE DISCUSSIONS ABOUT FUTURE LAND USE FOR THE SITE? WHERE IS THAT KIND OF LANDING?

>> WELL, WE'RE HAVING FURTHER DIALOGUE.

AT THE END OF AUGUST, I HAD A JOINT MEETING.

IN THAT JOINT MEETING WAS THE COMPREHENSIVE PLAN ADVISORY COMMITTEE, PLANNING AND ZONING COMMISSION, PARKS BOARD AND THE ECONOMIC DEVELOPMENT CORPORATION.

DISCUSSING LAND USES THAT CPAC WAS PROPOSING.

AT THAT MEETING, I ASKED FOR ALL THE BOARDS TO GIVE US A RECOMMENDATION HOW THEY FELT ABOUT THE DRAFT CPAC PLAN AND SAID I NEED TO HAVE THOSE COMMENTS BACK BY THE END OF SEPTEMBER.

WE HAVE MET WITH TWO OF THE BOARDS, PNC AND PARKS BOARD.

THEY WERE SUPPORTIVE OF WHAT STAFF WAS PROPOSING ALONG 121, WHICH IS NOT RESIDENTIAL.

SAME THING ALONG 380.

THEN ON OCTOBER 14TH IS THE NEXT SCHEDULE COMPREHENSIVE PLAN ADVISORY COMMITTEE IN WHICH WE'RE LOOKING FOR ACTION BY THE COMMITTEE ON THE LAND USE PLAN, A DRAFT.

BUT THE FINAL DECISION WILL BE MADE BY CITY COUNCIL WHEN THAT COMES FORWARD LATER NEXT YEAR.

>> AS A FOLLOW ON TO THAT.

IS IT LIKELY THAT THIS IS GOING TO REMAIN HIGHWAY IN THE NEW PLAN?

>> YEAH, IT'S CURRENTLY ON THE LAND USE PLAN.

THIS IS SHOWN AS A COMMERCIAL NODE.

YOU HAVE HIGHWAY ZONING BASICALLY FROM THE CREEK GOING ALMOST ALL THE WAY OVER TO COIT ROAD.

WHERE BY COIT ROAD, YOU RUN INTO A LITTLE COMMERCIAL TO ZONING.

BUT EVERYTHING AROUND HERE IS HIGHWAY ZONING ALONG 121.

>> THIS IS ALREADY ZONED HIGHWAY.

FUTURE LAND USE PLAN IS GOING TO HAVE IT POTENTIALLY AS COMMERCIAL OR HIGHWAY?

>> RIGHT NOW, YOU HAVE COMMERCIAL, YOU HAVE BUSINESS PARK.

IT'S GOING TO BE SOMETHING ALONG COMMERCIAL USES.

WELL, THIS IS JUST MY OPINION.

OTHERS ON CPAC DOESN'T AGREE.

I DID SEE THIS BEING MORE COMMERCIAL.

>> JUST TO CLARIFY. YOU STATED, OFFICE WAREHOUSE WHERE 50% WAS WAREHOUSE IS ALLOWED BY RIGHT.

>> YEAH, THEY CAP AT 50% OF THE BUILDING.

IF YOU HAVE 100,000 SQUARE FOOT BUILDING, NO MORE THAN 50% OF IT COULD BE USED FOR WAREHOUSING PURPOSES.

[02:30:01]

>> THAT'S BY RIGHT, AND THIS IS JUST BASICALLY TAKING IT TO 100% THROUGH THE DSU.

>> WELL, HIGHER THAN 50%.

>> I'M NOT GOING TO SAY IT'S GOING TO BE 100%.

THEY'RE GOING TO HAVE OFFICES IN THERE.

THEY DON'T KNOW THE EXACT TENANTS AND SO JUST LIKE MOST BUILDINGS, TENANTS DO CHANGE OVER TIME.

BUT THEY WANTED THE LADDER, THE SUP FOR FLEXIBILITY.

>> COUNCIL, THIS IS A PUBLIC HEARING.

>> MOVE TO OPEN A PUBLIC HEARING.

>> PASSES 6-0. PUBLIC HEARING IS NOW OPEN.

I THINK WE HAVE A FEW CARDS SIGNED TO SPEAK.

>> WE DO. WE HAVE TWO SPEAKERS THAT WISH TO SPEAK IN FAVOR.

WE HAVE DAVID HICKS.

AFTER THAT SONY DAVID, WOULD YOU LIKE TO COME UP? GOOD EVENING, MAYOR. GOOD EVENING, COUNCIL MEMBERS.

MY NAME IS SONY DAVID.

I'M WITH LANGAN ENGINEERING, THE APPLICANT FOR THIS PROJECT.

MY ADDRESS IS 2999, OLYMPUS BOULEVARD, DALLAS, TEXAS.

WE REALLY WANTED TO JUST BE HERE OPEN FOR QUESTIONS AND JUST SHOW OUR SUPPORT FOR THE APPLICATION.

GOOD EVENING, DAVID HICKS, 705 JOHNSWLL COURT ARGYLE, TEXAS.

WITH THE APPLICANT, EASTGROUP PROPERTIES IS THE DEVELOPER.

AND AGAIN, WE'RE HERE TO ANSWER QUESTIONS.

I DID WANT TO JUST POINT OUT ONE ITEM THOUGH, THAT WAS LEFT OUT WAS THAT WE DID MEET WITH THE NEARBY HOAS, BOTH TURNBRIDGE, MANOR AND HUNTERS CREEK.

WE MET WITH THOSE BOARDS PROACTIVELY AND PRESENTED SIMILAR INFORMATION ABOUT THE PROJECT.

THANK YOU. IS THERE ANYONE ELSE THAT WOULD LIKE TO SPEAK? ROGER. YOU WANT TO FILL OUT A BLUE CARD, PLEASE, AND THEN YOU CAN COME ON UP.

GOT. YEAH.

BUT YOU CAN SPEAK FIRST. YEAH.

I'M ROGER BELLVILLE, 11313 OCEAN ROAD, FRISCO.

I LIVE NEAR THIS AREA.

I DRIVE THIS ALL THE TIME.

I WOULD JUST LIKE TO MAKE THE POINT THAT THE FORCE CITY PERFORMING ARTS HALL THAT WAS SUPPOSED TO BE DONE LIKE 15 YEARS AGO WAS PLANNED FOR THAT AREA.

IT'S A BEAUTIFUL PIECE OF PROPERTY.

AS IS THE AREA ALL AROUND THAT CREEK.

I WOULD LOOK AT ALONG THAT CORRIDOR.

WHAT IS MCKINNEY DOING? WHAT IS ALLEN DOING? WE SHOULD DO THINGS THAT ARE ON PAR WITH THAT.

THERE'S THE HALO EFFECT.

THERE'S THE INVERTED HALO EFFECT, TOO.

SO, I'M CONCERNED THAT THERE'S NO OTHER WAREHOUSES THAT I'M AWARE OF OTHER THAN THE U HALL.

SO I WOULD BE CONCERNED ABOUT JUST KIND OF DRAGGING THE AREA DOWN. THANK YOU.

THANK YOU. OKAY. IS THERE ANYONE ELSE THAT WOULD LIKE TO SPEAK? SEEING NONE MOVED TO CLOSE.

QUESTION BY BILL. SECOND. SECOND BY TAMMY ON FAVOR.

ALL RIGHT. THAT PASSES 60.

PUBLIC HEARING IS NOW CLOSED.

YES, MAYOR AND CITY COUNCIL, ONE THING I DID NOT MENTION THE VOLUNTARY DEVELOPMENT AGREEMENT, THEY DID SIGN.

WE DID RECEIVE THAT TODAY, AND I SENT OUT AN E-MAIL LATE IN THE AFTERNOON.

SO THAT DEVELOPMENT AGREEMENT PENDING YOUR ACTION TONIGHT, WE'LL HAVE IT ON THE SAME NIGHT AS THE ORDINANCE, IF YOU'LL DECIDE TO DIRECT US TO PREPARE THE ORDINANCE.

OKAY. THANK YOU FOR THAT.

I'LL KEEP MY COMMENTS RELATIVELY BRIEF ON THIS.

IT'S HARD TO HAVE A PROJECT LIKE THIS AFTER WE'VE BEEN TALKING ABOUT SO MANY INSPIRING PROJECTS THROUGHOUT THE COURSE OF THE MEETING.

AND YOU LOOK AT THIS AND SAY, GOSH, I CAN'T IMAGINE ANYTHING MORE UNINSPIRING THAN THIS PROPOSED PROJECT.

LONG STATED ALL THE MISSED OPPORTUNITIES WE'VE HAD AS A COMMUNITY ALONG OUR CREEK CORRIDORS AND OPEN SPACES AND NATURAL AREAS, AND I TALK ABOUT THEM ALL THE TIME.

THAT, GOSH, IF I COULD GO BACK TO THAT COUNCIL MEETING 20 YEARS AGO AND CHANGE THAT, I WOULD.

I VIEW THIS PARCEL IN THE SAME WAY.

I MEAN, THIS IS A MAJOR TRAILHEAD CONNECTION.

IT'S A BEAUTIFUL PIECE OF PROPERTY.

COULD ONE DAY BE THE CONNECTION TO THE WALMART CENTER AND MIKE CENTER TO THE EAST AND HIGHLIGHT 121.

TO BE PERFECTLY HONEST, WE'VE PROBABLY LOST SOME ATTENTION ON 121 IN THAT ACCORD OR AS OTHER PARTS OF OUR CITY HAVE BEEN BUILDING UP, AND THAT'S A VERY FAIR COMMENT.

THE OTHER CITIES PROBABLY ARE TAKING ADVANTAGE OF THAT.

[02:35:01]

JUST IN SUMMARY, I'M NOT IN A RUSH PERSONALLY TO RE-ZONE THIS PROPERTY IN THIS CAPACITY AT THIS TIME.

COULD THINGS CHANGE AFTER THE COMP PLAN AND THE DIRECTION THAT WE GO THROUGH THAT? MAYBE, BUT FOR ME, PERSONALLY, I WOULD WANT TO EXHAUST ALL OPPORTUNITIES TO TAKE ADVANTAGE OF THESE NATURAL FEATURES BEFORE WE GO DOWN THIS ROAD.

SO I'M NOT A SUPPORTIVE OF THE ZONING CASE.

WITH THAT, I'LL LEAVE IT TO COUNCIL.

JOHN, I WOULD AGREE WITH MAYOR CHENEY.

THE QUESTION THAT THIS LEFT ME ASKING IS, IS THIS THE HIGHEST AND BEST USE OF THIS LAND? HONESTLY, I DON'T THINK THAT IT IS.

I'D BE CURIOUS TO HEAR WHAT YOU HEARD FROM THE RESIDENTS NEARBY.

YOU SAID THAT YOU HAD SOME HOA CONVERSATIONS.

I'D BE CURIOUS TO HEAR WHAT CONCERNS THE RESIDENTS HAD.

AGAIN, THE IMPACT TO THE CREEK AND THE GREEN SPACE.

I JUST I THINK THAT THERE'S SURELY SOMETHING ELSE THAT CAN GO THERE TO MAYOR'S POINT THAT IS A BIT MORE INSPIRING THAN WHAT'S BEING PROPOSED TODAY.

SO FROM MY PERSPECTIVE, I'D LIKE TO WAIT AND SEE WHAT IS THE HIGHEST AND BEST USE FOR THAT PARTICULAR PIECE OF LAND.

COMPARED TO WHAT THEY HAVE, BY RIGHT, THE 50% OFFICE.

WOULD IT LOOK DIFFERENT, OR WOULD IT JUST BE WHAT'S INSIDE THOSE TWO BUILDINGS? IT WOULD BASICALLY BE WHAT HAPPENS ON THE INSIDE OF THE BUILDINGS.

SO IT WOULDN'T LOOK MUCH DIFFERENT THEN.

YEAH. POTENTIALLY, IF THEY DECIDED TO GO THE OFFICE WAREHOUSE, HAVE THE SAME BUILDINGS.

THERE'S JUST NO MORE THAN 50%.

50% OF IT COULD BE USED FOR WAREHOUSING.

NOW, THEY MAY MAKE CHANGES TO THAT.

BUT THAT'S SOMETHING THAT NEEDS TO BE DIRECTED TOWARDS THE APPLICANT.

IF THE APPLICANT WASN'T ABLE TO TAKE IT TO GREATER THAN 50%, ARE THEY STILL LOOKING TO MOVING FORWARD WITH IT AS IS AND USING IT FOR 50% OR LESS? THE ADDRESS, YOU.

YES.

SO ONE OF THE THINGS I WANTED TO POINT OUT, WE DID PREPARE A RENDERING OF THE ACTUAL SITE.

IF YOU GUYS WANT TO SEE THAT, WE HAVE A COUPLE OF SLIDES. I DON'T KNOW IF I CAN.

SHOULD JUST HIT THE.

I GOT IT. YEAH. OKAY.

YEAH. SO THIS IS A ELEVATION THAT SHOWS THE PROPOSED LOOK AND FEEL.

SO THERE'S A COUPLE OF THINGS I WANTED TO POINT OUT.

ONE, YOU ASKED ABOUT THE HOA AS WE MET WITH THOSE MEMBERS.

THEY DID NOT GIVE US ANY INDICATION THAT THEY WERE AGAINST WHAT WE WERE DOING.

WE HAVE REALLY THE THE STORE FRONT FACING IS THE BOTTOM SLIDE, AND WE'VE GOT A COUPLE OTHER IMAGES THAT WE CAN SHOW, BUT THAT IS SOMETHING THAT IS FACING TOWARDS 121.

SO FROM THE AVERAGE, THERE'S A COLORIZED TO SITE PLAN.

SO LIKE THAT ELEVATION WAS BUILDING TWO FACING TO THE SOUTH TOWARDS 121.

SO IF YOU'RE THE AVERAGE CITIZEN DRIVING BY ON 121, MOST LIKELY, WHAT YOU WOULD SEE IS THAT THAT ELEVATION, WHICH IS MORE LIKE AN OFFICE OR RETAIL LOOK.

ALL OF THE GREEN SPACE THAT YOU'LL SEE ON THE EAST SIDE OF THIS PROJECT.

THE GRAY SIDEWALK IS THE EXISTING TRAIL SYSTEM, WHICH FALLS ALONG THIS PROPERTY.

THEN THE DARK GRAY IS AN INTERIOR TRAIL SYSTEM THAT IS SOMETHING WE'LL BE ADDING WITH THE DEVELOPMENT.

WITHIN THAT TRAIL SYSTEM, WE HAVE SEVERAL DIFFERENT AMENITIES.

SO THOSE INCLUDE AN OVERLOOKED DECK WITH RAILING AND BENCHES, A RAISED CONCRETE PLANTERS WITH STONE VENEER, OVERLOOKED PAVILION WITH SHADE STRUCTURE AND MULTIPLE OTHER SEATING OPTIONS.

SO WE ARE TYING EXTENSIVELY INTO THAT TRAIL SYSTEM TO BE A BENEFIT TO THAT, TO BE A REPRIEVE FOR TRAIL GOERS TO GO GET A BREAK, TAKE A PHONE CALL, WHATEVER THEY MAY NEED TO DO.THEN I'D ALSO LIKE TO POINT OUT THAT ON THE SOUTH FACING SIDE OF BUILDING TWO AND ON BOTH THE EAST AND WEST SHORT ENDS OF THE BUILDING IS ALL GLASS ALONG THE FRONT.

SO WHAT WE HAVE IS I CAN JUST GO.

YEAH, THERE'S THE ACTUAL RENDERING OF THE BUILDING ITSELF.

NOW, I KNOW, MR. MAYOR, YOU SAID IT WAS NOT EXCITING.

WE'RE IN THE BUSINESS OF DEVELOPING OFFICE WAREHOUSE TYPE OF BUILDINGS.

AS A COMPANY, WE DO THIS QUITE WELL AND DO IT ACROSS

[02:40:01]

THE SUNBELT STATES OF NORTH AMERICA OR UNITED STATES.

SORRY. WHAT WE FEEL IS THIS IS AMONG THE HIGHEST AND BEST CLASS IN ITS CLASS TYPE OF BUILDING.

WE'VE PUT A LOT OF EXTRA ATTENTION TO DETAIL WITH THE FACADES, ESPECIALLY ON THE SHORT END OF THE BUILDING FACING TOWARDS THE TRAIL SYSTEM.THEN ON THE PREVIOUS SLIDE, THERE'S A SIGNIFICANT GRADE CHANGE OF THE PUBLIC TRAIL SYSTEM TO WHERE OUR SITE IS ABOUT A 12 FOOT GRADE CHANGE.

SO WE'VE GOT TO STAIR STEP THAT DOWN WITH SOME RETAINING WALLS.

SO WHAT YOU'LL SEE THERE IS IF YOU'RE ON THE TRAIL SYSTEM AND LOOKING UP TOWARDS OUR BUILDINGS, WE NOT ONLY HAVE SOME SCREEN WALLS, BUT WE ALSO HAVE EXTENSIVE LANDSCAPE.

SO YOU REALLY DON'T HAVE A HUGE IMPACT.

THEN WHAT THEY WILL SEE IS A LOT OF GLASS ON THE SIDE, STORE FRONT ENTRIES.

SO, YOU KNOW, THERE'S A COUPLE OF THINGS THAT YOU SHOULD ALSO KNOW ABOUT IF YOU'LL GO BACK TO THE COLORIZED SITE PLAN, RIGHT THERE.WE DO HAVE EXTENSIVE SCREENING.

SO ON THE ANGLE THAT'S ON THE NORTHWEST SIDE, AS WELL AS THE NORTHEAST SIDE, THAT'S GOING TO HAVE EIGHT FOOT SCREEN WALL OF MASONRY.

THEN FROM EXTENDING FROM THE TRUCK COURT SIDE OF THE BUILDING ON THE, I DON'T KNOW IF THERE'S A POINT OR ANY WAY TO.

WHICH ONE IS IT? YOU SHOULD BE ABLE TO TOUCH THE SCREEN.

YEAH. I'LL JUST TOUCH THE SCREEN.

THANK YOU. SO IN THIS LITTLE AREA, HERE, HERE, HERE, AS WELL AS HERE, THERE'S 14 FOOT HIGH CONCRETE SCREEN WALLS TO HELP SCREEN THE TRUCK COURT.

THEN FOR THE TRAIL SYSTEM, RIGHT ABOUT HERE, WE HAVE A THREE FOOT HIGH SCREEN WALL HERE TO SCREEN THIS DRIVE OF WHERE TRUCKS MAY ENTER.

THEN ANOTHER POINT THAT I WOULD JUST WANT TO MAKE SURE YOU GUYS ARE CLEAR ON IS.

FOR THIS SITE IS EXCLUSIVELY THE 121 ON AND OFF.

SO WE HAVE TWO DRIVES HERE.

WE'RE ONLY GOING IN AND OUT OF 121.THEN WE HAVE A BUFFER, IF YOU LOOK AT KIND OF A BUFFER OF THIS PROJECT, NON RESIDENTIAL USES ADJACENT TO US.

SO THE FANINN IS GOING TO RETAIN THIS PORTION OF THE SITE.THAT'S WHO THE SELLER IS ON THIS PROJECT.

THEY'RE GOING TO RETAIN THAT AS REALLY RETAIL OPERATIONS FOR THEIR TREES, SALES.

THIS IS WATER TANKS.

THEN TO THE WEST, YOU ALSO WEST OF FANINN.

YOU HAVE SOME INDUSTRIAL USES.

TO THE NORTH IS CITY OWNED PROPERTY PARKS, AND TO THE EAST, OBVIOUSLY, THE TRAIL SYSTEM, THE CREEK, AND THEN THE WALMART.

THEN WHAT I ALSO WANTED TO POINT OUT IS IN THIS KIND OF MORE HIGH LEVEL AERIAL.

FOR SCALE, I THINK A LOT OF PEOPLE THINK OF INDUSTRIAL OR OFFICE WAREHOUSE, AND THEY THINK MASSIVE AMOUNTS OF TRUCKS AND MASSIVE AMOUNTS OF LOW FINISH KIND OF BUILDINGS.

THESE ARE HIGH IMAGE OFFICE WAREHOUSE BUILDINGS, NOT DESIGNED FOR HIGH DISTRIBUTION.

THEY'RE DESIGNED TO BE MULTI TENANTED TO TENANTS IN APPROXIMATELY 20 TO 50,000 SQUARE FEET.

WE COULD DO A FULL BUILDING USER.

OUR BUILDINGS ARE APPROXIMATELY 80 AND 100,000 SQUARE FEET EACH AT THAT SIZE, AND JUST TO GIVE YOU GUYS A SENSE OF THE SCALE.

WALMART. WENT THE WRONG WAY, SORRY, GUESS.

THIS BUILDING HERE IS THE WALMART, AND IT'S AN ESTIMATED 195,000 SQUARE FEET.

IN COMPARISON TO OUR BUILDING, 101 AND 79,000 SQUARE FEET, JUST TO GIVE YOU A SENSE OF SCALE.

THE NEARBY TARGET THAT'S JUST OVER HERE IN MCKINNEY, JUST ON THE EAST SIDE OF CUSTER, THAT'S ABOUT 165,000 SQUARE FEET.NOT ALL WAREHOUSES ARE CREATED EQUAL.

I JUST WANTED TO MAKE SURE YOU GUYS WERE CLEAR ON THAT THAT THIS IS THE HIGHEST IMAGE OF OFFICE WAREHOUSE SPACE THAT YOU CAN GET AND SOMETHING THAT WE'RE VERY PROUD OF, AND WE THINK WITH THE HIGHEST STANDARDS THAT YOU GUYS HAVE, YOU CAN BE PROUD OF IT TOO.

WE HAVE SEEN THIS DEMAND FOR THIS TYPE OF PRODUCT, AND ESPECIALLY OFF THE 121 CORRIDOR, WE'VE DEVELOPED ABOUT 14 BUILDINGS SINCE 2017 BETWEEN LEWISVILLE AND MCKINNEY ALONG THE SAME CORRIDOR, AND OUR TENANTS THERE RANGE IN SIZE OF 13 TO 100,000 SQUARE FEET, AND WE'VE BEEN QUITE SUCCESSFUL, AND THEY'VE BEEN VERY WELL RECEIVED PRODUCT,

[02:45:03]

AND INTEGRATED WELL IN THE COMMUNITY.

SO YOU WILL HAVE 18 WHEELER LOADING DOCKS AS A PART OF THIS FACILITY? YES, MA'AM..THAT'S IN THAT SERVICE CORRIDOR TRUCK AREA.

THAT'S DESIGN FOR LOADING THERE.

WE DON'T WE'RE BUILDING THESE SPECULATIVELY.

SO WE DO NOT HAVE TENANTS IN TOW FOR THESE USES.

SO WE BUILD THE SHELL BUILDINGS, AND THEN AS WE GET THE TENANT DEMAND, IT COULD BE LIGHT MANUFACTURING.

IT COULD BE OFFICE WITH WAREHOUSE.

COULD BE A SHOW ROOM WITH USUALLY MOST TENANTS RANGE IN ANYWHERE 15-50% OFFICE FINISH.

YOU DON'T REALLY KNOW UNTIL YOU LEASE IT UP.

IF I UNDERSTAND CORRECTLY, THEY'VE SIGNED THE AGREEMENT TO COMPLY WITH OUR DEVELOPMENT STANDARDS.

IF A USER WERE TO COME IN AND JUST DO WHAT'S ALLOWED BY R, WOULD WE HAVE THE ABILITY TO HAVE THAT USER SIGN THOSE DEVELOPMENT STANDARDS, OR DO WE HAVE HAVE WE ASKED THEM TO DO THIS BECAUSE THEY'RE COMING IN FOR SUP? IT'S BEEN DONE BECAUSE OF THE SUP OF THE ZONING CHANGE.

SO IF SOMEBODY JUST WANTED TO COME IN AND DO THE OTHER, THEY COULD DO IT UNDER WHATEVER STATE STANDARD. THEY WOULD.

I JUST WANT TO MAKE A COUPLE OF COMMENTS REGARDING THE TRAIL BECAUSE I'VE BEEN DOWN THERE SEVERAL TIMES.

I THINK INTERESTINGLY ENOUGH, THE FACT THAT FANINN TREE FARMS THERE GIVES A PRETTY GOOD PERSPECTIVE OF WHAT IT'S GOING TO LOOK LIKE WITH TREES FOR SCREENING.

THAT SITS DOWN LOW ENOUGH THAT I DON'T THINK THE VIEW FROM THE TRAIL IS GOING TO CHANGE MUCH ONCE YOU HAVE TREES ALONG THERE ON A PERMANENT BASIS THAT ARE SCREENING THE EDGE.

I THINK WHAT I WAS KIND OF ME ON THIS TOO WHEN I FIRST SAW IT.

BUT THE FACT THAT WE HAVE OUR BUILDING STANDARDS HAVE BEEN AGREED TO, I LOOK AT THIS PROJECT, AND I SEE A PARCEL THAT IN ALL MY YEARS ON PLANNING AND ZONING WOULD BE EXTREMELY HARD TO FIND SOMETHING TO FIT IN THERE.

YOU'RE NOT ON A MAJOR CROSS STREET.

SO THE LIKELIHOOD OF SIGNIFICANT RETAIL IS VERY LOW BECAUSE YOU'RE NOT ON A CUSTOM AND A 121.

YOU'RE SURROUNDED BY OTHER INDUSTRIAL USES.

IT'S NOT AN EXCITING PROJECT.

BUT I DON'T SEE A LOT OF ALTERNATIVES THAT I THINK ARE GOING TO FIT THERE, EITHER.

I'VE GOT BUILDING STANDARDS THAT THEY'VE AGREED TO.

I THINK THE TRAIL IS GOING TO BE FINE WITH THE SCREENING.

YOU WOULD MOVE AHEAD.

BUT I'M JUST OKAY BECAUSE IT'S NOT AN EXCITING PROJECT.

YOU WOULD MOVE AHEAD IF YOU DIDN'T GET THE ADDITIONAL UTILIZATION THAT YOU'RE REQUESTING TONIGHT.

WITH THE YOU RIGHT NOW BY RIGHT, HAVE THE ABILITY TO GO UP TO 50%, CORRECT? IN THAT WHAT WE SAID, IF THEY JUST WENT WITH THE OFFICE WAREHOUSE, THEY COULD MOVE FORWARD JUST WITH ADMINISTRATIVE APPROVAL.

BUT WITH THIS, THEY WANT TO BE ABLE TO GO ABOVE THE 50% WAREHOUSE OF THE BUILDING.

SO MY QUESTION IS THAT YOU WOULD MOVE AHEAD IF YOU DID NOT GET APPROVAL FOR THE ADDITIONAL.

THAT WOULD BE A DECISION WE'D HAVE TO MAKE.

OBVIOUSLY, WE'RE HERE WITH THE SUP BECAUSE WE THINK THAT OFFERS THE DEVELOPMENT THE MOST FLEXIBILITY.

>> THERE'S OFTENTIMES EVEN HIGH IMAGE USERS THAT YOU WOULD CALL WAREHOUSE, BUT IT MIGHT BE AIR-CONDITIONED WAREHOUSE VERSUS TRADITIONAL OFFICE SPACE.

THE DESIGN WITH MULTIPLE STOREFRONTS AND ALL THE GLASS ACROSS THE FRONT IS DESIGNED TO HAVE OFFICE FINISH OR SHOW ROOM FINISH ALONG THE FRONT OF THE BUILDING WITH WAREHOUSE IN THE REAR.

THAT'S REALLY HOW IT'S DESIGNED, BUT AGAIN, AS A SPECULATIVE DEVELOPER, WE JUST WANT THE MAXIMUM FLEXIBILITY.

IT'S NOT OUR BUSINESS MODEL TO AGREE TO THAT HIGH OF A FINISH LEVEL OR MINIMUM AMOUNT OF WAREHOUSE FOR A PROJECT LIKE THIS.

>> I THINK FOR ME, THE ISSUE IS THAT YOU DO HAVE THE 50% ALREADY SO IT'S ON US TO DECIDE, AS A COUNCIL, DO WE WANT TO PROACTIVELY ENCOURAGE MORE WAREHOUSE NEXT TO A PARK IN A BEAUTIFUL CREEK? FOR ME, THAT'S MY ISSUE.

I DON'T ACTUALLY AGREE WITH THAT DECISION.

I THINK WE HAVE SO FEW BEAUTIFUL AREAS IN OUR CITY.

I'VE WALKED THAT TRAIL TO MANY TIMES, AND WE LIVE ON THE OTHER SIDE OF FRISCO, BUT WE COME THAT WAY THROUGH HUNTER'S CREEK JUST BECAUSE IT'S SO GORGEOUS.

[02:50:01]

THERE'S A LOT OF CONCRETE COMING INTO OUR CITY.

THERE'S A LOT OF BUILDING. THERE'S VERY FEW PLACES TO GET AWAY FROM IT.

I THINK THAT I CAN'T GET BEHIND.

I DEFINITELY DON'T WANT TO SEE US PROACTIVELY ADDING MORE WAREHOUSES IN AREAS SPECIFICALLY THAT I THINK ARE BEAUTIFUL AND NATURAL.

I THINK WE ALSO WANT TO WAIT FOR OUR COMPREHENSIVE PLAN COMMITTEE TO TELL US WHAT THEIR FEEDBACK IS ON SOME OF THESE AREAS BEFORE WE CREATE A POLICY IN GENERAL, BUT FOR ME, I'M A NO.

>> I ACTUALLY DON'T MIND THIS PROJECT.

I THINK A RIGHT BEING OFF OF 121, IT MAKES SENSE.

IF YOU'RE GOING TO HAVE TRUCKS, I'D MUCH RATHER HAVE THEM OFF OF 121 THAN SOMEWHERE WITHIN THE REST OF THE CITY.

IT'S A MAJOR THOROUGHFARE AROUND ALL OF NORTH DALLAS.

WHEN I INITIALLY SAW THESE RENDERINGS, THE VERY FIRST THING I THOUGHT OF WAS LIKE, OKAY, SO INTERIOR DESIGN COULD HAVE THIS AND HAVE THEIR ENTIRE WAREHOUSES BEHIND.

ANY OF OUR HOME-BUILDERS COULD COME IN HERE AND SET UP THEIR SHOP.

IT'S AESTHETICALLY PLEASING, AND WITH ALL THE GLASS, THEY'RE LIKELY GOING TO WANT TO PRESENT THEMSELVES IN A POSITIVE FASHION, AS WELL.

I DIDN'T HAVE ANY ISSUES WITH THAT, EITHER, AGAIN, BECAUSE IT'S ON THE HIGHWAY.

I THINK IT'S A LITTLE TRICKY BEING RIGHT NEXT TO A WATER DISTRICT WHERE NOT A LOT OF PEOPLE ARE GOING TO BE WANT RIGHT NEXT TO THE WATER TOWERS.

I DON'T HAVE ANY ISSUES WITH THIS PROJECT, ESPECIALLY IF THE PARK IS GOING TO REMAIN INTACT, AND THE PROPER SCREENING IS GOING TO BE IN PLACE TO WHERE THAT TRAIL CAN STILL BE EXPERIENCED AND ENJOYABLE FOR OUR RESIDENTS.

>> I DO WANT TO JUST QUICKLY FOLLOW UP.

I DO APPRECIATE YOU COMMENTING.

I'M NOT OPPOSED TO THIS PRODUCT AT ALL IN GENERAL.

WE HAVE IT IN FRISCO ALREADY IN MANY PLACES SO THIS IS NOT SOMETHING THAT WE'VE SHIED AWAY FROM.

MY SPECIFIC COMMENTS WERE THIS PRODUCT IN THIS LOCATION.

IF THIS WERE ON A DIFFERENT SITE, I'D PROBABLY HAVE A VERY DIFFERENT OPINION ON IT.

AGAIN, IT'S A PERSONAL PASSION OF MINE ON THESE CORRIDORS, WHICH IS WHY YOU'D BE VERY HARD TO GET ME TO SUPPORT SOMETHING LIKE THIS.

BUT THE FACT THAT YOU WENT THROUGH THE EFFORT OF SHOWING HOW MUCH WAS NEEDED TO TRY TO SCREEN IT, I THINK, ACTUALLY PROBABLY MORE SOLIDIFIED MY POSITION ON WHY I DON'T SUPPORT IT.

I DON'T EVEN VOTE UNLESS IT'S A TIE.

I JUST WANTED TO MAKE THAT CLEAR, THAT I DON'T NECESSARILY OPPOSE THE PRODUCT IN ALL LOCATIONS, THIS IS A NICE INDUSTRIAL PRODUCT.

>> CAN I ADD ONE ADDITIONAL COMMENT? THE SELLER ACTUALLY HAD MARKETED THIS FOR A COMMERCIAL USE FOR APPROXIMATELY TWO YEARS PRIOR TO OUR INVOLVEMENT IN THE PROJECT.

ONE OF I THINK MR. WOODWARD POINTED OUT, IT IS BETWEEN EXITS.

THERE'S NOT A RETAIL OR COMMERCIAL USES WOULD LIKE TO SEE BOTH EAST WEST AS WELL AS NORTH SOUTH ACCESS.

OUR ACCESS IS STRICTLY EAST WEST OFF 121.

I JUST WANTED TO POINT THAT OUT THAT, I THINK, AS YOU GUYS CONSIDER THIS, I WOULD ASK WHAT WOULD BE ANOTHER ALTERNATIVE? I THINK FROM THE PUBLIC'S, 99% OF THE PEOPLE THAT VIEW THIS PROJECT WHERE THE PASSERBYS ON THE HIGHWAY, AND THEY'LL SEE THE HIGH IMAGE GLASS AND OFFICE OR RETAIL LIKE LOOK AS THEY'RE PASSING BY AND MAY NOT EVEN REALIZE IT'S INDUSTRIAL BECAUSE OF THE WAY THE BUILDINGS ARE ORIENTED?

>> YEAH. I ALSO JUST WANTED TO ADD REALLY QUICKLY.

AS WE WERE GOING THROUGH THE DESIGN, I THINK WE WERE WORK REALLY CLOSELY WITH JOHN AND HIS STAFF, AND I THINK THEY DID A REALLY GOOD JOB CHALLENGING US TO FIGURE OUT A GOOD SOLUTION TO AMENITIZE THE SPACE AND THE AREA AS WELL AS WE COULD.

AND I THINK AS PART OF WHAT WE WERE DOING ALONG THAT WHOLE HIKE AND BIKE TRAIL AND ALONG THAT WHOLE CORRIDOR IN THAT AREA, WAS TO ME, REALLY COMPLEMENTING AND SUPPLEMENTING WHAT WAS ALREADY THERE.

WE WERE MATCHING A LOT OF THE SAME MATERIALS.

THE WALLS THAT WERE WITHIN THAT SPACE REALLY MATCHED AND TOOK INTO ACCOUNT THE THINGS THAT WERE ALREADY THERE TO MAKE IT BETTER.

I THINK AS YOU'RE WALKING IN AND AROUND THAT SPACE, THAT REALLY WAS THE BIGGEST COMMENT AND QUESTION THAT WE GOT FROM THE HOAS, FOR THE MOST PART, IS REALLY, HOW DOES OUR TRAIL GET IMPACTED AS WE'RE WALKING? BECAUSE THEY'RE THE ONES WHO ARE FOLKS WHO ARE USING IT ON A DAY TO DAY BASIS.

[02:55:04]

WHEN WE WENT THROUGH ALL THE PICTURES AND SOME OF THE THINGS THAT WE HAD CHANGED AND GIVEN THEM AS PART OF THIS OVERALL DESIGN, I THINK THEY HAD A SENSE OF RELIEF THAT, THEY WERE NOT JUST GETTING AND KEEPING THEIR TRAIL, BUT GETTING SOME ADDITIONAL AMENITIES ON TOP OF THAT THAT ALLOWED THEM TO BETTER AMENITIZE AND USE THE SPACE.

I THINK WE REALLY TRIED TO PUT A THOUGHTFUL PLAN TOGETHER.

I THINK ONE OF THE BIG THINGS THAT WE ALSO LOOKED AT, AS DAVID HAD MENTIONED, WAS THE STOREFRONT AND RETAIL LOOK, NOT ONLY ALONG THE FRONTAGE, BUT ALONG THAT SIDE.

IN MANY INSTANCES THAT ENDS UP BEING THE BACK OF HOUSE TO A LOT OF THESE PROJECTS, AND WE WANTED TO MAKE IT A REALLY BIG EFFORT SO THAT FEELS LIKE A FRONT OF HOUSE.

WHEN YOU'RE LOOKING AT IT, YOU'RE STILL CONTINUING TO LOOK AS A GLASS GOES AROUND THE FACADE, AND IT MAKES IT FEEL LIKE A MORE FRONT OF HOUSE, EVEN ALONG BOTH SIDES OF THE PROJECT.

I JUST WANTED TO MENTION THAT AS WELL.

COUNSEL, ANY OTHER QUESTIONS OR COMMENTS?

>> YEAH, JUST HEARING BOTH SIDES OF THIS, I APPRECIATE THE WORK AND THE EFFORT THAT WENT INTO THIS AND WORKING WITH PLANNING AND ZONING AND COMING IN WITH AN SEP FOR SOMETHING THAT WE'RE TRYING TO SHOEHORN IN HERE AND IF WE ZOOM OUT AND GET THE 30,000 FOOT VIEW AND START SPEAKING TO THE GREEN SPACE AND SEEING HOW THAT TRAIL MOVES THROUGH THAT SOUTHEAST PORTION OF THE CITY AND ACROSS THE HIGHWAY CONTINUES, AND THE COMMENTS WERE MADE ABOUT WHAT ARE OTHER CITIES DOING TO REACH THAT GOAL OF BEST USE.

AT SOME POINT, WE'RE GOING TO HAVE TO FINALLY SAY, AND MAYBE IT'S GOING TO COME OUT OF OUR COMP PLAN, WHERE THESE SITES LIKE THIS, WE STOP DOING SEPS FOR WAREHOUSES, AND WE MAY NEVER GET TO A PLACE OF BEST USE BECAUSE YOU'RE GOING TO HAVE THE RECURRING LEFTOVER COMPONENT OF WATER TOWERS OR A HUGE RETAIL STORE LIKE WALMART OR THE BATCH PLANTS THAT I THINK ARE FURTHER TO YOUR WEST.

THESE DIFFERENT THINGS THAT OVER TIME, WE'RE GOING TO HAVE TO CONTEND WITH, AND SO IT WOULD BE VERY EASY TO SAY, OH, SURE, LET'S PUT THIS HERE, AND THERE'S A LOT OF LIPSTICK ON IT, AND IT'LL FIT RIGHT IN BECAUSE IT'S SURROUNDED BY OTHER STUFF.

BUT AT THE SAME TIME, AND I DO UNDERSTAND YOUR POINT ABOUT A VERY GOOD POINT ABOUT BEING ABLE TO ACCESS THIS FROM OTHER PLACES.

LIKE, IF THIS WAS AN HEB, HOW EXCITED WOULD WE BE ABOUT IT? THEN HOW WOULD PEOPLE ACTUALLY GET TO IT IF THEY WEREN'T ON 121? NOW ARE WE CUTTING THROUGH A NEIGHBORHOOD? ARE WE CUTTING THROUGH A PARK? WE'RE GOING TO HAVE TO CUT THROUGH AN ADJACENT PROPERTY.

I UNDERSTAND THE CONUNDRUM THAT WE'RE IN HERE IS, DO WE START WITH THIS PROJECT AND START SAYING NO TO THIS THING IN THE HOPES THAT ONE DAY WE CAN RE-IMAGINE THE EDGES OF OUR HIGHWAYS AND THE EDGES OF OUR CITY, WHERE THEY REACH 121? WHERE THEY REACH 380 OR 423, OR CUSTER ROAD HERE? IT'S A VERY DIFFICULT PLACE TO BE.

DO I TAKE YOUR BEST VERSION OF THIRD PLACE HERE? AGAIN, NO OFFENSE TO YOUR BUSINESS OR YOUR MODEL, WHAT YOU'RE TRYING TO ACCOMPLISH.

IN THE HOPE THAT ONE DAY I GET A FIRST PLACE CHOICE OR WHAT I SETTLE FOR A SECOND, OR WHAT DO WE FINALLY LAND ON? I CAME INTO THE ROOM TONIGHT READY TO VOTE NO ON THIS.

I'VE GOT NOTES FROM ONE OF THE P&Z MEMBERS.

HE MENTIONED 423 AND ROCK HILL, AND THOSE WAREHOUSES AND NEAR THOSE HOMES WAS NON-DISCRETIONARY.

THIS IS DISCRETIONARY.

IT NEEDS AN SUP, BUT AT THE SAME TIME, IF YOU BUILT WITHOUT THE SUP TO WRITE, THEN I REALLY HAVEN'T ACCOMPLISHED ANYTHING.

I REALLY HAVEN'T SOLVED FOR ANYTHING.

I DO LIKE THE IDEA OF WAITING FOR CPAC RECOMMENDATIONS NOT TO PUT THIS ON THEIR SHOULDERS OR KICK THE CAN DOWN THE ROAD, BUT I THINK WE WILL HAVE AN OUTCOME FROM THEM FAIRLY SOON.

I'M NOT SURE WHAT YOUR TIMELINE IS, BUT AGAIN, YOU'VE HEARD THAT WE REALLY WANT TO PRESERVE THE GREEN SPACE.

WE REALLY WANT TO PRESERVE THE TRAIL SYSTEM ANYWHERE WE HAVE CREEK AND WATERWAY.

IF WE JUST KEEP COMING BACK TO THESE CORRIDORS, WHERE THERE'S 18 WHEELERS MOVING ANYWAY, AND THERE'S OTHER INDUSTRIAL NEAR IT ANYWAY, AND WE JUST WALK AWAY FROM IT AND GO, WELL, THAT'S JUST HOW IT IS ALONG THESE PARCELS, THEN WE'RE NEVER MOVING TO A PLACE OF FIXING THIS 121 CORRIDOR.

[03:00:09]

AGAIN, I DON'T KNOW WHAT THE TIMELINE IS.

I DON'T KNOW IF WE CAN TABLE THIS UNTIL WE GET SOME CPAC FEEDBACK ON THIS OR IF THERE'S ANY MORE CONVERSATION THAT COUNSEL WANTS TO HAVE, BUT I'M REALLY TORN ON THIS.

I SEE THE ADVANTAGE OF SAYING YES, BECAUSE OF ALL THE WORK AND TIME AND ENERGY AND THE INVESTMENT YOU'RE WILLING TO MAKE.

THEN ALSO, I STEP BACK AND SAY, HEY, BIGGER PICTURE, WE'VE GOT TO START SAYING NO TO THESE AT SOME POINT AND FIGURING OUT A WAY TO CORRECT THIS 121 CORRIDOR.

>> I HAVE A QUESTION. THIS IS JUST MY OWN PERSONAL IGNORANCE.

CPAC, THEY COME BACK, AND WHAT WERE THEY GO TO SAY? WHAT ARE WE WAITING ON THEM FOR?

>> WELL, THE OVERALL DOCUMENT, BUT I'M HOPING ON OCTOBER 14TH, WE'LL HAVE A GENERAL CONSENSUS FROM THE COMMITTEE ON WHAT THEY WANT THE LAND USE PLAN TO LOOK LIKE, BUT AGAIN, IT HAS TO GO THROUGH THE PROCESS.

WELL, PROBABLY IN JANUARY, WE'LL HAVE A RECOMMENDATION, AND THEN THAT WILL GO BEFORE THE PLANNING AND ZONING COMMISSION AND CITY COUNCIL FOR FINAL APPROVAL.

BUT IN THAT MIX, WE'LL HAVE AT LEAST ONE OR TWO JOINT MEETINGS BETWEEN CPAC AND CITY COUNCIL TO REVIEW THE DOCUMENT, WHICH INCLUDES THE FUTURE LAND USE PLAN, AS WELL AS THE TEXT ITSELF.

>> BUT IT WOULDN'T CHANGE THEIR ZONING?

>> IT DOESN'T CHANGE THE ZONING.

>> BUT IT WOULDN'T CHANGE THE RIGHT THEY HAVE RIGHT NOW.

>> IT WOULD NOT.

>> OKAY.

>> THEY WOULD STILL HAVE. TO ME, THAT'S THE CAUTIONARY NOTE HERE.

IF WE SAY NO, WE'RE SAYING NO TO THE SUP.

WE'RE NOT SAYING NO TO THE WAREHOUSES BECAUSE THEY CAN ALREADY BUILD WAREHOUSES ON THIS IF THEY WANT.

>> THAT WAS JUST MY QUESTION IS IF CPAC DID ANYTHING TO CHANGE THAT UNDERLYING.

>> NOW THEY'VE SIGNED THE BUILDING OF MATERIALS AGREEMENT TO BE ABLE TO GET THE SUP.

>> WELL, I AGREE WITH A LOT OF THE COMMENTS FROM MY COLLEAGUES THAT ARE NOT THAT EXCITED ABOUT THIS.

I THINK THIS IS A, I DON'T WANT TO SAY, NICEST THIRD PLACE FINISHER I'VE SEEN EITHER, BUT I THINK YOU DO A GREAT JOB WITH WHAT YOU'RE GIVEN, AND I WOULD RATHER HAVE THIS THAN THE SAME PRODUCT TO A LESSER STANDARD THAT I DIDN'T HAVE THE SUP AND THE BUILDING STANDARDS.

I'M PLANNING TO VOTE IN FAVOR OF THIS TONIGHT.

>> IT IS IMPORTANT TO NOTE, THERE IS A BIG STRATEGIC DIFFERENCE BETWEEN A 50% WAREHOUSE AND 50% OFFICE, AND 100% WAREHOUSE.

YOU GET TOTALLY DIFFERENT USERS, 100% WAREHOUSE YOU'RE NOT GOING TO HAVE THE FOOT TRAFFIC FEEDING THE ADJACENT COMMERCIAL.

PEOPLE GOING TO LUNCH AT THOSE PLACES, USING THOSE PLACES.

YOU GET DIFFERENT DENSITY OF TRUCKS COMING IN AND OUT THERE.

IT'S A TOTALLY DIFFERENT USE CASE.

PERSONALLY, I WOULD RATHER HAVE THE 50% OFFICE.

>> BUT THERE'S NOWHERE TO EAT AROUND HERE ANYWAY.

I CAN'T GET ACROSS THE CREEK.

>> MR. MAYOR, I WOULD POINT OUT THAT DEVELOPMENTS OF THIS THAT WE'VE DONE IN THIS CORRIDOR ARE IN THE 15-20% OFFICE WAREHOUSE RATIO.

WE JUST DON'T GAIN AS A SPECULATIVE DEVELOPER. WE DON'T KNOW.

WELL WE HAVE SPACES THAT MAY HAVE 50% OFFICE, 50% WAREHOUSE, AND WE HAVE OTHERS THAT HAVE 10%, OTHERS THAT HAVE 20 OR 25%.

THERE IS AN OFFICE/SHOWROOM AND AN EMPLOYEE ATTRACTION TO THIS.

AS MULTI-TENANT DEVELOPER, AND THAT'S THE TARGET WE'RE SEEKING.

WE'RE ALSO SEEKING TOP OF MARKET TYPE OF RENTS.

THESE AREN'T LOW BUDGET WAREHOUSE TARGET.

WE'RE GOING AFTER HIGH IMAGE CONSCIOUS.

SOMETIMES IT'S AN HQ, SOMETIMES IT'S A LIGHT MANUFACTURING, SOMETIMES A SHOW ROOM WITH A WAREHOUSE IN THE BACK.

YOU JUST DON'T KNOW WHAT YOU'RE GOING TO GET, BUT IT IS, I WILL REITERATE IT AS HIGH IMAGE, HIGH RENT FOR THIS TYPE OF PRODUCT, AND WE'RE NOT GOING FOR 100% LOW FINISH WAREHOUSE.

AGAIN, THEY'RE NOT DESIGNED TO BE HIGH VOLUME.

THERE'S NO TRAILER PARKING.

THERE'S NO CROSS DOCKING, MEANING THE LOADING IS ONLY EXCLUSIVELY ON THE INTERIOR SIDE OF THE BUILDING.

JUST WANTED TO POINT THAT OUT.

REALLY, IF WE AVERAGE 20% FINISH, WHAT YOU GUYS ARE REALLY FROM WHAT WE'RE ALLOWED BY RIGHT IS, YOU'RE I GUESS, ARGUING OVER 30% OF OFFICE.

>> OF ALL THE AVAILABLE SITES, LONG 121, BECAUSE THERE'S A LOT OF THEM.

[03:05:01]

WHY DID YOU PICK THIS SITE?

>> ONE WAS JUST OPPORTUNITY FOR AVAILABILITY.

AS FAR AS IT'S GOT THE ZONING IN PLACE, MINUS OBVIOUSLY THE SUP WITH WHAT WE'RE TRYING TO ACHIEVE, BUT WE'VE HAD SUCCESS.

LIKE I SAID, IN MCKINNEY, WE HAVE A PROJECT THAT'S JUST ON THE WEST SIDE OF THE FOOTBALL STADIUM, THE IST FOOTBALL STADIUM OFF HARDEN ROAD, THEN IN LOUISVILLE OFF OF MARINA VISTA, AND 121, WE HAVE ANOTHER PROJECT THAT'S OF SIMILAR NATURE.

THIS FIT WITH A LOT OF THOSE TYPE OF CRITERIAS, IN PARTICULAR, THE LOUISVILLE SITE WAS A SITE THAT HAD BEEN MARKETED FOR YEARS TO COMMERCIAL AND RETAIL DEVELOPMENT, BUT IT DIDN'T ACHIEVE THAT DUE TO THE FACT THAT IT WAS BETWEEN THE NORTH SOUTH EXITS.

THESE RETAILERS WANT TO KNOW THAT THEY CAN GET TRAFFIC IN AND OUT VIA NORTH AND SOUTH, NOT ONLY THE 121 EAST-WEST.

>> OF COURSE, YOU KNOW THAT THERE ARE HUNDREDS OF SITES IN FRISCO THAT HAVE BEEN MARKETED FOR SOME OVER A DECADE AND HAVEN'T BEEN BUILT ON.

IF IT WAS CITY COUNCIL'S DECISIONS TO SAY, WE'RE GOING TO JUST APPROVE ZONING BECAUSE IT'S BEEN MARKETED FOR DIFFERENT USES, AND NO ONE'S EVER BOUGHT IT, WE'D HAVE A REALLY TERRIBLE CITY.

>> SURE.

>> OKAY COUNCIL. WE MIGHT AS WELL JUST SHOOT AND SEE WHAT HAPPENS THEN.

>> ANY OTHER COMMENTS BEFORE WE LOOK FOR A MOTION? QUESTIONS?

>> NO, AGAIN, WHAT I LIKE IS I LIKE THE OFFICE ASPECT OF IT, AND I THINK THE RENDERING THAT YOU SHOWED CERTAINLY SHOWS THAT, BUT I'M STRUGGLING WITH THE WAREHOUSE DISTRIBUTION AND THE 18 WHEELERS COMING IN AND OUT.

I STRUGGLE WITH THAT TO BEING THE VISUAL CORRIDOR TO OUR CITY.

>> I GUESS IT'S DESIGNED FOR 18 WHEELERS, BUT THE REALITY FOR BUILDINGS OF THE SIZE AND THE SPACE, YOU DO GET QUITE A BIT OF BOX TRUCKS AND THINGS LIKE THAT, AND SO IT REALLY DOES DEPEND ON THE SMALLER USERS.

IF YOU DO BREAK IT UP INTO SMALLER MULTI-TENANTS, YOU WILL HAVE SMALLER TRUCKS AND THINGS RUNNING THROUGH IT.

I WILL SAY THAT OF ALL THE SPECULATIVE DEVELOPERS THAT WE WORK IN DOING THESE TYPES OF WAREHOUSES AND THINGS LIKE THAT, EASTGROUP PROPERTIES DOES HAVE A VERY HIGH END FINISH AND A VERY DIFFERENT LOOK THAN MANY OTHER FOLKS THAT WE HAVE WORKED WITH.

WHEN YOU TALK ABOUT BEST OF CLASS AND SPECIFICALLY WAREHOUSE DEVELOPMENT, THEY ARE ONE OF THE BEST IN TERMS OF PROVIDING THIS TYPE OF FINISHES IN AREAS LIKE FLOWER MOUND AND VERY HIGH VISIBILITY AREAS THAT ARE LOOKING FOR A HIGHER END FINISH AND A HIGHER END PRODUCT.

I JUST DID WANT TO MENTION THAT BECAUSE IF YOU DO GET SOMEONE WHO'S AN AZER USER LOOKING FOR THE SPACE, IT COULD VERY WELL BE A VERY DIFFERENT TYPE OF PRODUCT, AND I'M JUST GOING BY JUST THE DIFFERENT TYPES OF DEVELOPMENTS I'VE SEEN COME ACROSS AS WELL.

>> AT A 50% WAREHOUSE, YOU'D STILL HAVE DRUGS COMING IN TOO, EVEN IF IT WAS HALF AND HALF.

>> THAT'S CORRECT, YES.

>> OKAY.

>> ALL RIGHT. COUNCIL, EVERYONE'S HAD AN OPPORTUNITY TO SHARE THEIR OPINIONS SO IF THERE'S NO OTHER QUESTIONS OR COMMENTS, I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 41.

>> MOTION BY BILL, SECOND BY WAS THAT LAURA? LAURA. WE'LL DO SHOW OF HANDS.

THOSE IN FAVOR OF IT.

OPPOSED. THAT'S 3-3, WHICH MEANS THAT I VOTE, AND I'M SORRY, IT'S A NO FOR ME.

THE MOTION FAILS, 3-4. THANK YOU.

ITEM 45 IS A THIRD PUBLIC HEARING ON THE CITY OF FRISCO FISCAL YEAR 2025 ANNUAL BUDGET,

[45. Public Hearing: Third Public Hearing on the City of Frisco Fiscal Year 2025 Annual Budget, including Frisco Economic Development Corporation Fiscal Year 2025 Budget and the Frisco Community Development Corporation Fiscal Year 2025 Budget. (Budget/TA)]

INCLUDING THE FRISCO ECONOMIC DEVELOPMENT CORPORATION FISCAL YEAR 2025 BUDGET, AND THE FRISCO COMMUNITY DEVELOPMENT CORPORATION FISCAL YEAR 2025 BUDGET.

>> THIS IS THE FINAL PUBLIC HEARING ON THE PROPOSED 2025 BUDGET.

PRIOR TO OPENING THE PUBLIC HEARING, WE DO HAVE THE VIDEO AVAILABLE.

IT'S FOUR MINUTES. WOULD YOU LIKE FOR ME TO PLAY IT?

>> I THINK WE'RE GOOD.

[LAUGHTER] YOU KNOW IT'S 10:15, RIGHT?

>> IT IS 10:15, AND I AM PREPARED TO BE AS BRIEF AS POSSIBLE.

TOTAL APPROPRIATIONS FOR FY 25 ARE $828 MILLION ACROSS ALL FUNDS.

THERE IS A FEE ORDINANCE BEING BROUGHT BEFORE YOU LATER TONIGHT WHICH WILL INCLUDE FEE INCREASES FOR THE UTILITY AND ENVIRONMENTAL SERVICE FUNDS.

IN ADDITION, WE WILL BE CALLING THE PUBLIC HEARING FOR DECEMBER 3RD TO ADDRESS STORM WATER FEE INCREASE.

THIS IS THE FINAL OPPORTUNITY FOR CITIZEN INPUT.

WE DID ADVERTISE IN THE FRISCO ENTERPRISE AND DALLAS MORNING NEWS. THANK YOU.

[03:10:07]

>> COUNCIL, THIS IS A PUBLIC HEARING.

>> MOVE TO OPEN PUBLIC HEARING.

>> THAT PASSES 6-0. PUBLIC HEARING IS NOW OPEN.

IS THERE ANYONE HERE TO SPEAK ON THIS ITEM?

>> LAST CHANCE. SEEING NONE, MOVE TO CLOSE.

>> THAT PASSES 6-0. PUBLIC HEARING IS NOW CLOSED.

COUNCIL, LET'S SEE.

THIS IS NO ACTION ON THIS ITEM.

ITEM 46, CONSIDER AN ACT UPON ADOPTION OF AN ORDINANCE APPROVING

[46. Consider and act upon adoption of an Ordinance approving the Revised Budget figures for Fiscal Year 2023-2024 and adopting a budget and appropriating resources for the City of Frisco Budget Year beginning October 1, 2024. (Budget/TA)]

THE REVISED BUDGET FIGURES FOR FISCAL YEAR 2023 AND 2024, ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR THE CITY OF FRISCO BUDGET YEAR BEGINNING OCTOBER 1ST 2024.

>> THE FY 24 REVISED BUDGET AND FY 25 PROPOSED BUDGET WERE REVIEWED AND DISCUSSED AT PUBLIC MEETINGS ON AUGUST 12TH, THE 20TH, THE 3RD OF SEPTEMBER, AND TONIGHT.

THE GENERAL FUND BUDGET IS BASED ON THE PROPOSED TAX RATE OF 0.425517, AND THAT RATE IS LESS THAN THE CURRENT TAX RATE OF 0.432205.

TOTAL APPROPRIATIONS FOR FISCAL YEAR 2025'S GENERAL FUND BUDGET TOTALED $273.5 MILLION, AND REVISED APPROPRIATIONS FOR FISCAL YEAR 2024 ARE $273 MILLION.

FUND SUMMARIES HAVE BEEN PROVIDED AS EXHIBITS A THROUGH AB FOR ALL FUNDS COVERED BY THIS ORDINANCE.

THIS IS A CONSIDERING ACT, AND I WILL BE HAPPY TO ANSWER ANY QUESTIONS.

>> COUNCIL WE'RE AT THE END OF A VERY LONG BUDGET PROCESS.

BUT I'LL LOOK IF THERE'S ANY OTHER FINAL COMMENTS OR QUESTIONS.

SEEING NONE, I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 46.

>> THAT PASSES 6-0. ITEM 47.

[47. Consider and act upon adoption of an Ordinance approving the Revised Budget figures for Fiscal Year 2023-2024 and adopting a budget and appropriating resources for the Frisco Community Development Corporation Budget Year beginning October 1, 2024. (Budget/TA)]

CONSIDER AND ACT UPON ADOPTION OF AN ORDINANCE APPROVING THE REVISED BUDGET FIGURES FOR FISCAL YEAR 2023 AND 2024, AND ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR THE FRISCO COMMUNITY DEVELOPMENT CORPORATION BUDGET YEAR BEGINNING OCTOBER 1ST 2024.

>> THE REVISED BUDGETS FOR FY 24 AND PROPOSED FY 25 BUDGETS FOR THE FRISCO COMMUNITY DEVELOPMENT CORPORATION, AND CDC REMEDIATION FUND WERE REVIEWED AND DISCUSSED WITH THE CDC BOARD AT THEIR JULY 18TH 2024 MEETING.

TOTAL APPROPRIATIONS FOR FY 25 FOR THE CDC ARE PROPOSED TO BE $28 MILLION, AND REVISED APPROPRIATIONS FOR FISCAL YEAR 2024 ARE $63 MILLION.

FUND SUMMARIES ARE INCLUDED FOR BOTH THE CDC AND CDC REMEDIATION FUNDS AS EXHIBITS IN YOUR PACKET.

THIS IS A CONSIDERING ACT, AND I WILL BE HAPPY TO ANSWER ANY OF YOUR QUESTIONS.

>> COUNCIL, I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 47.

CONSIDER AND ACT UPON ADOPTION OF AN ORDINANCE APPROVING

>> PASSES 6-0. ITEM 48.

[48. Consider and act upon adoption of an Ordinance approving the Revised Budget figures for Fiscal Year 2023-2024 and adopting a budget and appropriating resources for the Frisco Economic Development Corporation Budget Year beginning October 1, 2024. (Budget/TA)]

THE REVISED BUDGET FIGURES FOR FISCAL YEAR '23 AND '24 AND ADOPTING A BUDGET AND APPROPRIATING RESOURCES FOR THE FRISCO ECONOMIC DEVELOPMENT CORPORATION BUDGET YEAR BEGINNING OCTOBER 1ST '24.

>> THE FY 24 REVISED BUDGET AND FY 25 PROPOSED BUDGET FOR THE ECONOMIC DEVELOPMENT CORPORATION WERE REVIEWED AND DISCUSSED WITH THE EDC BOARD AT THEIR JULY 17TH 2024 MEETING.

TOTAL APPROPRIATIONS PROPOSED FOR FISCAL YEAR 2025, TOTAL $38 MILLION, AND REVISED APPROPRIATIONS FOR FISCAL YEAR 2024 ARE $58 MILLION.

THE FUND SUMMARY IS INCLUDED AS AN EXHIBIT IN YOUR PACKET.

THIS IS A CONSIDERING ACT, AND I WILL BE HAPPY TO ANSWER ANY QUESTIONS.

>> COUNCIL, I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 48.

>> BEFORE WE GO TO ITEM 49, I'D LIKE TO TAKE THIS OPPORTUNITY SINCE YOU GUYS PASSED ALL OF THE BUDGETS, TO THANK THE CITY MANAGER'S OFFICE, THE DIRECTORS, AND THEIR STAFF, AND MOST ESPECIALLY OUR BUDGET STAFF WHO IS HERE, OUR BUDGET MANAGER, BRETT PETERSON, OUR ANALYSTS WHO HAVE STAYED ALL NIGHT, TONKIA THOMAS, EGZABIA BENNETT, AND AYOUB KAHONDOGORO FOR ALL OF THEIR HARD WORK AND EFFORTS IN THIS BUDGET CYCLE.

>> PASSES 6-0. ITEM 49.

IT'S BEEN A LOT OF HARD WORK.

I REALLY APPRECIATE EVERYONE.

MOST ESPECIALLY, OUR CFO, DERRICK COTTEN, AND MY PERSONAL CHEERLEADER, OUR FINANCIAL SERVICES DIRECTOR, MINTA HOVLAND.

[LAUGHTER]

>> JOB WELL DONE. GREAT JOB [APPLAUSE]

>> THANKS.

>> IF YOU ALL CHOOSE TO SLEEP IN TOMORROW, YOU CAN SAY THE MAYOR SAID IT WAS OKAY.

>> THAT'S OKAY [LAUGHTER]

>> I'VE A MEETING STARTING AT 8:30.

>> I WAS GOING TO DO THE SAME THING AT THE END OF THE OTHER ITEMS THAT ARE OUT HERE.

BUT SINCE TANYA SAID IT NOW,

[03:15:02]

I JUST WANT TO SAY THANK YOU TO DEPARTMENT DIRECTORS, CERTAINLY TO THE BUDGET STAFF, OUR ANALYSTS WHO ARE HERE.

THANK YOU. YOU GUYS DO AN AMAZING JOB.

WE'RE VERY GRATEFUL FOR ALL THAT YOU DO, AND THIS IS THE ACCUMULATION OF A LOT OF HARD WORK. THANK YOU FOR THAT.

THANK YOU COUNCIL FOR SUPPORTING THEIR EFFORTS AND CERTAINLY TRUSTING US TO DO GOOD WORK.

I JUST WANTED TO SAY THANKS.

IT'S BEEN A LONG TIME, BUT WE'RE GRATEFUL FOR THE OPPORTUNITY TO DO IT WELL AND TO BE SUPPORTED IN IT. THANK YOU.

>> I'D LIKE TO ADD JUST TWO CENTS TO THAT.

I COULD WAIT UNTIL AFTER ITEM 50, BUT I MIGHT AS WELL DO IT NOW.

I'VE BEEN ON BUDGET AND AUDIT SUBCOMMITTEE FOR NINE YEARS NOW.

YOU ALL HAVE DONE AN INCREDIBLE JOB.

I DON'T GET TO BE PART OF THIS PROCESS THIS TIME NEXT YEAR SO THANK YOU FOR THE LAST NINE YEARS AND ALL YOUR HARD WORK.

>> THANK YOU, BILL.

>> ITEM 49 IS A PUBLIC HEARING TO CONSIDER AND ACT UPON AND

[49. Public Hearing to consider and act upon and record the vote to adopt an Ordinance levying the tax rate for the City of Frisco, Texas for the Tax Year 2024, Fiscal Year 2025. (Budget/TA)]

RECORD THE VOTE TO ADOPT AN ORDINANCE LEVYING THE TAX RATE FOR THE CITY OF FRISCO, TEXAS, FOR THE TAX YEAR 2024, FISCAL YEAR 2025.

>> GOOD EVENING, MAYOR AND COUNCIL, DERRICK COTTEN, CHIEF FINANCE OFFICER.

I WOULD LIKE TO RECOGNIZE TANYA.

SHE THANKED EVERYBODY BUT HERSELF, BUT SHE'S BEEN IN THIS ROLE A LITTLE LESS THAN A YEAR NOW, AND THE TEAM HASN'T MISSED A BEAT.

I'M EXTREMELY PROUD OF EVERYTHING THAT SHE DOES, AND I JUST WANTED TO SAY THANK YOU SO THANK YOU.

[APPLAUSE] THIS YEAR FOR TAX RATE, WE DID HAVE A CHALLENGE WITH ONE OF THE CENTRAL APPRAISAL DISTRICTS.

THIS YEAR, WE BECAME AWARE OF AN ERROR ON THE TAX YEAR 2023 CERTIFIED TAX RULES PROVIDED BY DENTON CENTRAL APPRAISAL DISTRICT.

THIS TAX ERROR WAS RELATED TO THE CALCULATION OF THE SENIOR TAX FREEZE.

A NUMBER WAS MISSTATED IN THE CALCULATION, WAS UNDERSTATED BY APPROXIMATELY $1.7 BILLION.

>> THAT WAS BILLION WITH A B, CORRECT?

>> BILLION DOLLARS.

>> WHEN STAFF CONTACTED DENTON CAD, WE EXPECTED TO HEAR THAT THIS WAS A SYSTEM ERROR, A HUMAN ERROR, OR SIMPLY JUST A MISTAKE.

NO, IT WAS A PRIORITIZATION DECISION MADE BY DENTON CAD.

THE IMPACT TO THE CITY DURING THE '23 TAX YEAR WAS CITY'S RECOMMENDED TAX RATE, AND THE TAX RATE ULTIMATELY ADOPTED BY CITY COUNCIL WAS BASED OFF INCOMPLETE OR INCORRECT INFORMATION.

THIS ERROR CARRIES FORWARD INTO THE CURRENT YEAR RESULTING IN A LOSS OF THE CITY'S ABILITY TO GENERATE APPROXIMATELY $5 MILLION IN REVENUE TO THE GENERAL FUND.

STAFF, AFTER EXTENSIVE RESEARCH AND HELP WITH THE CITY ATTORNEY, WE DISCOVERED THERE'S NO CORRECTIVE ACTION THAT THE CITY CAN TAKE.

I JUST WANTED TO UPDATE COUNCIL ON THAT.

THE UPDATED NUMBER IS INCLUDED IN THIS YEAR'S TAX RATE CALCULATION AS REQUIRED BY THE TRUTH AND TAXATION LAWS.

WITH THAT, STAFF IS STILL RECOMMENDING A DECREASE TO THE PROPERTY TAX RATE.

FOR FISCAL YEAR 2025 ANNUAL BUDGET IS BASED OFF A PUBLISHED TAX RATE OF 0.425517.

THIS IS A DECREASE OF 0.006688 OR ONE AND 1/2% FROM THE CURRENT TAX RATE.

THE FISCAL YEAR '25 TAX RATE IS SPLIT BETWEEN THE M&O RATE OF 0.283406 AND A DEBT SERVICE COMPONENT OF 0.142111.

THE RATIO OF THE M&O RATE AND THE INS RATE IS 67% AND 33%, WHICH IS IN LINE WITH CITY COUNCIL'S POLICIES.

THIS IS THE SAME TAX RATE PRESENTED DURING THE BUDGET WORK SESSION ON AUGUST 12TH, AND THE THREE PUBLIC HEARINGS HELD ON AUGUST 20TH, SEPTEMBER 3RD, AND SEPTEMBER 17TH.

THIS IS A PUBLIC HEARING AND A CONSIDERING ACT ON ADOPTING THE TAX RATE.

THERE IS REQUIRED LANGUAGE, AND THAT WAS INCLUDED IN THE AGENDA MEMO.

I'M HAPPY TO ANSWER ANY QUESTIONS.

>> WHEN WE GET TO THE LANGUAGE, CAN I READ BOTH PARAGRAPHS ALL AT THE SAME TIME, OR DO YOU NEED THEM SEPARATELY?

>> THERE HAS TO BE SEPARATE ACTION ON THE TWO.

>> COUNCIL, THIS IS A PUBLIC HEARING.

>> MOVE TO OPEN A PUBLIC HEARING.

>> PASSES 6-0. PUBLIC HEARING IS NOW OPEN.

IS THERE ANYONE HERE TO SPEAK ON THE SIDE? SEEING NONE, MOVE TO CLOSE.

>> PUBLIC HEARING IS CLOSED. BILL, I'LL LOOK FOR A MOTION.

>> THERE'S GOING TO BE TWO. I MOVE TO APPROVE AN AD VALOREM TAX RATE OF 0.283406 ON EACH $100 OF ASSESSED VALUATION OF TAXABLE PROPERTY FOR GENERAL CITY PURPOSES AND TO PAY THE CURRENT MAINTENANCE AND OPERATIONS EXPENSES OF THE CITY OF FRISCO FOR THE FISCAL YEAR BEGINNING OCTOBER 1ST, 2024 AND ENDING SEPTEMBER 30TH 2025.

TO ADOPT THIS ORDINANCE, FIXING AND LEVYING THE SAME FOR A TOTAL TAX OF 0.425517 ON EACH $100 OF ASSESSED VALUE.

I MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF A TAX RATE OF 0.425517, WHICH IS EFFECTIVELY A 3.74% INCREASE IN THE TAX RATE.

[03:20:01]

>> CAN I ASK A QUESTION REAL QUICK? WHAT'S OUR TAX RATE CURRENTLY?

>> THAT PASSES 6-0.

>> 0.43.

>> 0.43, AND WE JUST ADOPTED A TAX RATE THAT'S 0.4255.

YET THE VERBIAGE THAT WE HAVE TO READ SAYS WE HAD AN INCREASE OF 3.74%.

IF THAT'S CONFUSING TO ANYBODY ELSE, WE UNDERSTAND THAT'S LANGUAGE WE HAVE TO READ BY STATE LAW.

THE SECOND ONE, I MOVE TO APPROVE AN AD VALOREM TAX RATE OF 0.142111 ON EACH $100 OF ASSESSED VALUATION OF TAXABLE PROPERTY FOR THE PURPOSE OF CREATING AN INTEREST AND SINKING FUND TO PAY THE INTEREST AND PRINCIPAL OF THE VALID AND OUTSTANDING INDEBTEDNESS, CAPITAL LEASE PAYMENTS AND RELATED FEES OF THE CITY OF FRISCO FOR THE FISCAL YEAR BEGINNING OCTOBER 1ST 2024 AND ENDING SEPTEMBER 30TH 2025.

TO ADOPT THIS ORDINANCE FIXING AND LEVYING THE SAME FOR A TOTAL TAX OF 0.425517 ON EACH $100 OF ASSESSED VALUATION.

I MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF A TAX RATE OF 0.425517, WHICH IS EFFECTIVELY A 3.74% INCREASE IN THE TAX RATE.

>> SECONDED BY TAMMY. ALL IN FAVOR?

CONSIDER AN ACT UPON ADOPTION OF A RESOLUTION OF THE CITY OF FRISCO CITY COUNCIL RATIFYING THE PROPERTY TAX REVENUE IN THE '24 AND '25 BUDGET AS A RESULT OF THE CITY RECEIVING MORE REVENUE FROM PROPERTY TAXES IN THE FISCAL YEAR '25 BUDGET THAN IN THE PREVIOUS FISCAL YEAR.

>> PASSES 6-0. ITEM 50.

[50. Consider and act upon adoption of a Resolution of the City of Frisco City Council, ratifying the property tax revenue in the 2024-2025 Budget as a result of the City receiving more revenue from property taxes in the FY25 Budget than in the previous fiscal year. (Budget/TA)]

>> THE FY 25 BUDGET WILL RAISE MORE REVENUE FROM PROPERTY TAXES THAN LAST YEAR'S BUDGET.

THEREFORE, THIS RESOLUTION IS REQUIRED TO RATIFY THE INCREASE IN PROPERTY TAX REVENUE.

NO SPECIAL LANGUAGE IS REQUIRED FOR THIS ITEM.

THIS IS A CONSIDERING ACT, AND I'LL BE HAPPY TO ANSWER ANY QUESTIONS.

>> COUNCIL, I'LL LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 50.

CONSIDER AND ACT UPON CALLING FOR A PUBLIC HEARING ON THE CITY OF FRISCO STORM WATER DRAINAGE FEE ADJUSTMENTS.

>> PASSES 6-0. ITEM 51.

[51. Consider and act upon calling for a Public Hearing on the City of Frisco Stormwater Drainage Fee adjustments. (Budget/BP)]

>> GOOD EVENING, MAYOR AND COUNCIL, BRETT PETERSON, BUDGET AND STRATEGIC PLANNING MANAGER.

THERE IS A REQUIREMENT FOR A PUBLIC HEARING PRIOR TO CHANGING THE STORM WATER DRAINAGE FEES.

WE ARE CALLING FOR A PUBLIC HEARING ON DECEMBER 3RD 2024 AT 6:30 PM AT THE CITY COUNCIL MEETING IN THE GEORGE A. PUREFOY MUNICIPAL CENTER.

THE NOTICE WILL BE PUBLISHED THREE TIMES PRIOR TO THE MEETING.

STAFF DISCUSSED THE STORM WATER FEE ADJUSTMENTS WITH COUNCIL DURING THE ANNUAL BUDGET PROCESS, AND THE PROPOSED REVENUES DERIVED FROM THESE FEE ADJUSTMENTS WERE PART OF THE BUDGET YOU JUST ADOPTED.

THIS IS A CONSIDERING ACT, AND I WOULD BE HAPPY TO ANSWER ANY QUESTIONS YOU HAVE.

>> COUNCIL, ANY QUESTIONS?

>> JUST FOR EVERYONE LISTENING, IT'S BASICALLY $11 A MONTH.

WAS THAT WHAT WE WERE LOOKING AT?

>> FOR THE STORM WATER FEE, THE AVERAGE RESIDENTIAL FEE WILL BE $5.50 A MONTH.

>> EVEN BETTER.

>> I THINK THAT WAS TOTAL UTILITY.

>> TOTAL.

>> WHAT YOU'RE THINKING ABOUT, IT WAS 11.

>> LOOKING FOR A MOTION?

>> MOVE TO APPROVE ITEM 51.

>> THAT PASSES 6-0. ITEM 52.

CONSIDER AND ACT UPON ADOPTION OF AN ORDINANCE AMENDING THE COMPREHENSIVE FEE ORDINANCE,

[52. Consider and act upon adoption of an Ordinance amending the Comprehensive Fee Ordinance setting new rates for water, sanitary sewer, reclaimed water, Parks and Recreation fees, Public Works fees, Fire Department fees, and Development Services fees. (Budget/BP)]

SETTING NEW RATES FOR WATER, SANITARY, SEWER, RECLAIM WATER, PARKS AND REC FEES, PUBLIC WORKS FEES, FIRE DEPARTMENT FEES, AND DEVELOPMENT SERVICES FEES.

>> THANK YOU, MAYOR. I WILL BE PRESENTING PROPOSED UPDATES TO THE CITY'S COMPREHENSIVE FEE ORDINANCE, PERTAINING TO WATER SEWER, REUSE WATER, SOLID WASTE COLLECTION FEES.

AND IN ADDITION, WE'RE HAVING SOME UPDATES TO THE FEES IN FIRE DEPARTMENT AND PUBLIC WORKS.

CURRENT ECONOMIC AND MARKET CONDITIONS ARE EASING, AND THE NORTH TEXAS MUNICIPAL WATER DISTRICT IS EXPERIENCING MODERATING COMMODITY PRICES IN THEIR SUPPLY CHAINS AND THEIR STAFFING AND THEIR VENDOR COSTS.

ALTHOUGH NEW DEBT SALES FOR EXPANDING INFRASTRUCTURE, NEW FACILITIES ARE ADDING TO THE COST OF DEBT SERVICE EXPENSE AS MAINTENANCE AND IMPROVEMENTS CONTINUE IN THE REGIONAL WATER SYSTEM AND WILL BEGIN AT THE CITY'S OWNED WASTEWATER TREATMENT PLANTS AT PANTHER CREEK AND STEWART CREEK.

IN ADDITION, THE WATER DISTRICT IS PROJECTING A MINIMUM ANNUAL DEMAND OF 15.12 BILLION GALLONS OF WATER FROM THE CITY OF FRISCO FOR THE UPCOMING WATER YEAR, WHICH IS AN INCREASE OF ABOUT 1 BILLION GALLONS FROM FY 24.

TO MEET THE UPCOMING FISCAL YEARS REVENUE PROJECTIONS, FY 25 BUDGET HAS A PROPOSED WATER INCREASE OF 6% AND A SEWER RATE INCREASE OF 10%.

MOST ALL OF THE WATER SEWER INCREASES REFLECT THE PASS THROUGH RATE INCREASE FROM THE WATER DISTRICT AND THE CITY'S UPDATED TRANSMISSION COSTS, WHICH WILL INCLUDE AS PART OF THE NEXT YEAR'S BUDGET, FY 25, THE ADDITION OF 15 FULL TIME EMPLOYEES TO THE UTILITY FUND AND

[03:25:01]

APPROXIMATELY 4.1 MILLION IN NEW AND REPLACEMENT CAPITAL.

THESE PROPOSED RATE ADJUSTMENTS ARE NECESSARY TO ENSURE THE FUND'S FINANCIAL STABILITY WHILE CONTINUE TO PROVIDE EXCEPTIONAL SERVICES AND MAINTAIN OUR EQUIPMENT.

IN OUR ENVIRONMENTAL SERVICES DEPARTMENT, STAFF ARE PROPOSING A FEE INCREASE OF 5%, WHICH REPRESENTS THE ANNUAL CPI PASS ROUGH INCREASE FROM THE SOLID WASTE COLLECTION VENDOR.

THE RESIDENTIAL COLLECTION RATE WILL INCREASE $1 PER MONTH.

AND INCLUDED WITH THE AGENDA PACKET FOR THIS ITEM IS WE DID AN UPDATED REGIONAL BILL COMPARISON.

IT WAS THE SAME CHART THAT WAS PRESENTED TO COUNCIL AT THE BUDGET WORK SESSION, BUT IT HAS UPDATED RATES FROM NEIGHBORING CITIES. AND AS MS. MINER SHAGIN SAID, YES, IT'S ABOUT $11 TOTAL BILL INCREASE, CORRECT. CONTINUING ON.

IN OUR PARKS AND REC DEPARTMENT, STAFF ARE PROPOSING FEE INCREASES.

A COST OF SERVICE STUDY WAS CONDUCTED BY BARRY DUNN THIS PAST YEAR, WHICH RESULTED IN RECOMMENDED FEE INCREASES ACROSS MANY OF THE SERVICES PROVIDED BY THE DEPARTMENT.

THE PROPOSED FEES WILL BE MORE ALIGNED WITH OTHER MUNICIPAL AND PRIVATE SECTOR COUNTERPARTS.

STAFF ARE ALSO PROPOSING UPDATES TO THE HAZARDOUS MATERIAL FEES IN THE FIRE DEPARTMENT.

AN INTERNAL REVIEW IS CONDUCTED BY STAFF OF NEIGHBORING JURISDICTIONS TO ENSURE PROPER COSTS ARE BEING RECOVERED.

ADDITIONALLY, STAFF ARE PROPOSING FEES RELATED TO THE EXTERNAL USAGE OF THE FRISCO PUBLIC SAFETY TRAINING CENTER.

IN PUBLIC WORK, STAFF ARE PROPOSING NEW FEES TO RECAPTURE COSTS RELATED EXTERNAL CONTRACT OR CONSTRUCTION CAUSE ACCIDENTS THAT UTILIZE CITY OF FRISCO RESOURCES OF THE UTILITY FUND TO MAKE SIGNIFICANT UTILITY SYSTEM REPAIRS DUE TO THEIR EXTERNAL ERROR.

FINALLY, STAFF ARE PROPOSING TO CONSOLIDATE INTO THIS COMPREHENSIVE FEE ORDINANCE, ALL DEVELOPMENT SERVICES RELATED ORDINANCES.

ALL DEVELOPMENT SERVICES FEES WOULD BE A ONE APPROVAL PROCESS FOR THE PURPOSE OF ROUTINE DEPARTMENT BUDGET AND SERVICE REVIEW.

BUT IT'S IMPORTANT TO KNOW THAT WE'RE JUST CONSOLIDATING THEM.

NO INCREASES ARE BEING PROPOSED TO THE DEVELOPMENT SERVICES RELATED FEES AT THIS TIME.

THIS IS A CONSIDER AN ACT, AND I WOULD BE HAPPY TO ANSWER ANY QUESTIONS YOU HAVE.

>> ALL RIGHT. THANK YOU. COUNCIL, ANY QUESTIONS FOR THIS ITEM? LOOK FOR A MOTION.

>> MOVE TO APPROVE ITEM 52. MOTION BY BILL.

>> SECOND BY TAMMY.

>> ALL IN FAVOR?

>> THAT PASSES 6-0. THANK YOU SO MUCH.

THIS NEXT SECTION IS GOING TO BE OUR BOARD APPOINTMENTS.

I'LL JUST SAY A FEW REMARKS IN ADVANCE.

COUNCIL MET IN A WORK SESSION PRIOR TO THE MEETING AT 3:00 TODAY WHERE COUNCIL SPENT A COUPLE OF HOURS VETTING ALL THE CANDIDATES FOR THESE DIFFERENT BOARD POSITIONS.

I WILL SAY WE HAVE A GREAT PROBLEM HERE IN THE CITY OF FRISCO, WHICH IS WE HAVE A LOT OF REALLY QUALIFIED PEOPLE WILLING TO RAISE THEIR HAND AND VOLUNTEER FOR THIS COMMUNITY.

I SPEAK TO OTHER MAYORS AND OTHER COMMUNITIES WHERE THEY HAVE TO BEG PEOPLE TO APPLY FOR THEIR BOARDS AND COMMISSIONS, AND HOW MANY DID WE HAVE APPLIED THIS YEAR?

>> ONE HUNDRED AND FIFTY.

>> WE HAD 150 PEOPLE APPLY, AND THESE ARE INCREDIBLE RESUMES FOR OUR BOARD AND POSITIONS THIS YEAR.

A LOT OF THE NAMES YOU HEAR OVER THE NEXT AGENDA ITEMS ARE GOING TO BE PEOPLE WHO ARE BEING REAPPOINTED BECAUSE THEY'VE DONE A GOOD JOB SERVING AND THEIR TERMS ARE NOT UP.

WE HAVE 150 APPLICATIONS THAT ARE REALLY ONLY FILLING A HANDFUL OF OPEN SPOTS.

IF YOU DID APPLY, AND YOU DO NOT GET APPOINTED TONIGHT, I WOULD NOT BE DISCOURAGED.

MANY PEOPLE HAVE TO APPLY MULTIPLE TIMES TO GET APPOINTED.

SOME OF COUNCIL MEMBERS, INCLUDING THE MAYOR CURRENTLY APPLIED AT ONE POINT AND DID NOT GET APPOINTED.

I ENCOURAGE YOU, WE HAVE A PAGE ON OUR WEBSITE ABOUT OTHER WAYS THAT YOU CAN GET INVOLVED INCLUDING DOING THINGS LIKE CITY HALL 101, OUR POLICE AND FIRE ACADEMIES, LEADERSHIP FRISCO IS A GREAT PROGRAM TO CONTINUE TO START GETTING PLUGGED IN AS YOU CONTINUE TO MEET COMMUNITY MEMBERS.

BUT WITH THAT, I'LL SHARE ONE OTHER THING AS WE GO THROUGH THIS PROCESS.

IT'S A LINE THAT FORMER COUNCIL MEMBER TIM NELSON USED TO USE, WHICH I REITERATE AND STEAL EVERY SINGLE YEAR, WHICH IS WHEN WE'RE BUILDING THESE BOARDS, WE'RE BUILDING DIVERSE SKILL SETS AND DIVERSE TEAMS. BEING SPORTS CITY USA, WE HAVE TO HAVE A SPORTS ANALOGY.

SOMETIMES WE HAVE AN APPLICANT THAT'S A GREAT SECOND BASEMAN, BUT WE ALREADY HAVE A SECOND BASEMAN, AND WE REALLY NEED A SHORT STOP.

THAT'S PART OF IT AS WE'RE LOOKING TO FILL THESE POSITIONS, SO YOU MAY THINK THAT, GOSH, I REALLY THOUGHT I WAS THE PERFECT SKILL SET.

YOU KNOW, WE MAY BE TRYING TO FILL A DIFFERENT SKILL SET THIS YEAR HOLE.

WITH THAT, WE WILL JUMP RIGHT IN.

WE'RE GOING TO GO REALLY FAST AS FAST AS I CAN READ THESE.

ITEM 53, CONSIDER AN ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES TWO,

[53. Consider and act upon the appointment of three (3) members (Places 2, 4, and 6) to the Frisco Economic Development Corporation Board of Directors for a term of three (3) years beginning on October 1, 2024, and ending on September 30, 2027. (CSO/JD)]

[03:30:01]

FOUR AND SIX TO THE FRISCO ECONOMIC DEVELOPMENT CORPORATION BOARD OF DIRECTORS FOR A TERM OF THREE YEARS BEGINNING OCTOBER 1, 2024 AND ENDING ON SEPTEMBER 30, 2027.

>> MR. MAYOR FOR COUNCIL CONSIDERATION FOR EDC, WE HAVE PLACE TWO, MIKE BARBER, PLACE FOUR, WHICH IS THE FISD REPRESENTATIVE, MARK HILL, AND PLACE SIX, SHANNA KIVY.

>> IT PASSES 6-0. ITEM 54, CONSIDER AND ACT UPON THE APPOINTMENT OF TWO REGULAR MEMBERS,

[54. Consider and act upon the appointment of two (2) regular members (Places 3 and 4) to the Frisco Community Development Corporation Board of Directors for a term of three (3) years each beginning on October 1, 2024, and ending on September 30, 2027. (CSO/JD)]

PLACES THREE AND FOUR TO THE FRISCO COMMUNITY DEVELOPMENT CORPORATION BOARD OF DIRECTORS FOR A TERM OF THREE YEARS, EACH BEGINNING OCTOBER 1, 2024 AND ENDING ON SEPTEMBER 30, 2027.

>> FOR COMMUNITY DEVELOPMENT CORPORATION, WE HAVE FOR COUNCIL CONSIDERATION, PLACE THREE, TRACY SHIPMAN, AND PLACE FOUR JOSH MEEK.

CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES THREE, FOUR AND FIVE TO THE PLANNING AND ZONING COMMISSION FOR A TERM OF THREE YEARS, EACH BEGINNING ON OCTOBER 1, 2024, AND ENDING ON SEPTEMBER 30, 2027.

>> THAT PASSES 6-0. 55,

[55. Consider and act upon the appointment of three (3) members (Places 3, 4, and 5) to the Planning and Zoning Commission for a term of three (3) years each beginning on October 1, 2024, and ending on September 30, 2027. (CSO/JD)]

>> FOR COUNCIL CONSIDERATION, PLACE THREE BRITTANY KOLBERG, PLACE FOUR, TIFFANY WELLS, PLACE FIVE, MICHAEL HOWARD.

ITEM 56, CONSIDER AND ACT UPON THE APPOINTMENT OF TWO REGULAR MEMBERS,

[56. Consider and act upon the appointment of two (2) regular members (Places 2 and 4) and two (2) Alternate members (Place 6 - Alternate #1 and Place 8 – Alternate #3) to the Board of Adjustment / Construction Board of Appeals for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

PLACES TWO AND FOUR, AND TWO ALTERNATE MEMBERS PLACES SIX, ALTERNATE NUMBER ONE, AND PLACE EIGHT, ALTERNATE NUMBER THREE, TO THE BOARD OF ADJUSTMENT CONSTRUCTION BOARD OF APPEALS FOR A TERM OF TWO YEARS, EACH BEGINNING OCTOBER 1, 2024 AND ENDING ON SEPTEMBER 30, 2026.

>> FOR PLACE TWO, JASON HARGRAVES, PLACE FOUR, DAVID WANG, PLACE SIX J. HOWARD, PLACE EIGHT, NIRAJ KUMAR.

>> 57, CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES TWO,

>> PASSES 6-0.

[57. Consider and act upon the appointment of three (3) members (Places 2, 4, and 6) to the Parks and Recreation Board for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

FOUR AND SIX TO THE PARKS AND REC BOARD FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1, 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> FOUR PLACE TWO, AMERGA FAR, PLACE FOUR, FRANK MASINA, PLACE SIX, LISA KIRBY.

>> 58, CONSIDER AN ACT UPON THE APPOINTMENT OF FIVE MEMBERS,

>> PASSES 6-0.

[58. Consider and act upon the appointment of five (5) members to the Convention and Visitors Bureau – Visit Frisco board, representing the following sectors: Place 2 - Hotel 2; Place 4 – At Large; Place 6 – Restaurant; Place 8 – Sports Team Representative; and Place 10 – Ex Officio for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

THE CONVENTION AND VISITORS BUREAU VISIT FRISCO BOARD, REPRESENTING THE FOLLOWING SECTORS.

PLACE TWO HOTEL, PLACE FOUR AT LARGE, PLACE SIX RESTAURANT, PLACE EIGHT SPORTS TEAM REPRESENTATIVE, AND PLACE TEN EX OFFICIO FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1, 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> FOR PLACE TWO, MAHAR GILAD, PLACE FOUR, ALLISON JERNIGAN, PLAY SIX, MONIQUE BOYD, PLACE EIGHT, AMY PRATT, PLACE 10 SHRI MOULI MAGI.

>> PASSES 6-0. ITEM 60, CONSIDER SORRY, 59 MAYOR'S APPOINTMENT OF THREE MEMBERS, PLACES TWO,

[59. Mayor’s appointment of three (3) members (Places 2, 4, and 6) to the Animal Advisory Committee for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

FOUR AND SIX TO THE ANIMAL ADVISORY COMMITTEE FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1, 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> MR. MAYOR, OUR RECOMMENDATIONS FOR YOU ARE PLACE TWO, SHRI MAEVAN, PLACE FOUR, SUSAN ESCALANTE, AND PLACE SIX, CHRIS FIELDS.

>> DO WE VOTE ON THAT? ITEM 60,

[60. Consider and act upon the appointment of three (3) members (Places 2, 4, and 6) to the Arts and Culture Advisory Board (previously the Public Art Board) for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES TWO, FOUR AND SIX TO THE ARTS AND CULTURE ADVISORY BOARD, PREVIOUSLY, THE PUBLIC ART BOARD FOR A TERM OF TWO YEARS, EACH BEGINNING, OCTOBER 1ST, 2024, AND ENDING ON SEPTEMBER 30TH, 2026.

>> FOR PLACE TWO, CHARLOTTE MCKENZIE, PLACE FOUR, ZAHARA YANAFAD.

AND IF I PRONOUNCE THAT WRONG, I AM SORRY.

PLACE SIX, KUMAL BONSI.

CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS TO THE DOWNTOWN ADVISORY BOARD REPRESENTING PLACE TWO, BUSINESS PROPERTY OWNER, PLACE FOUR AT LARGE, AND PLACE SIX, AT LARGE, FOR A TERM OF TWO YEARS, BEGINNING ON OCTOBER 1ST, 2024, AND ENDING ON SEPTEMBER 30TH, 2026.

>> PASSES 6-0. 61,

[61. Consider and act upon the appointment of three (3) members to the Downtown Advisory Board representing: Place 2 - Business / Property Owner; Place 4 – At Large; and Place 6 – At Large for a term of two (2) years beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

>> FOR PLACE TWO, MATT BISCHOFF, PLACE FOUR, SENENA, AND PLACE SIX, MATT HUNSICKER.

CONSIDER AND ACT UPON THE APPOINTMENT OF SEVEN MEMBERS, PLACES ONE, TWO, THREE, FOUR, FIVE, SIX AND SEVEN TO THE HIKE AND BIKE ADVISORY BOARD.

>> PASSES 6-0. 62,

[62. Consider and act upon the appointment of seven (7) members (Places 1, 2, 3, 4, 5, 6, and 7) to the Hike and Bike Advisory Board. Places 1, 3, 5, and 7 are appointed for a term of one (1) year beginning on October 1, 2024, and ending on September 30, 2025. Places 2, 4, and 6 are appointed for a term of two (2) years beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

PLACES ONE, THREE, FIVE AND SEVEN ARE APPOINTED FOR A TERM OF ONE YEAR BEGINNING OCTOBER 1ST 2024, AND ENDING ON SEPTEMBER 30TH, 2025, AND PLACES TWO, FOUR AND SIX ARE APPOINTED FOR A TERM OF TWO YEARS BEGINNING ON OCTOBER 1ST, 2024, AND ENDING ON SEPTEMBER 30, 2026.

I'LL JUST MENTION THIS IS BECAUSE THIS IS A NEW BOARD THIS YEAR, SO IT'S BEING FILLED FOR THE FIRST TIME.

>> FOR PLACE ONE, JEFF DAVIS.

PLACE TWO, ANDY SHORT, PLACE THREE, CALVIN KANG, PLACE FOUR, SHERRY OWENS, PLACE FIVE, CHESTER CHAMBERS, PLACE SIX, RANDY ARSHMBA, PLACE SEVEN, JEANNIE PATTERSON.

>> PASSES 6-0. EXCUSE ME, 63.

[63. Mayor's appointment of two (2) members (Places 2 and 4 – Resident Position) to the Frisco Housing Authority Board for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

THE MAYOR'S APPOINTMENT OF TWO MEMBERS, PLACES TWO AND FOUR RESIDENT POSITION TO

[03:35:01]

THE FRISCO HOUSING AUTHORITY BOARD FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1, 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> MR. MAYOR AGAIN, THESE ARE BOTH OF YOUR APPOINTMENTS, BUT COUNCIL RECOMMENDS REAPPOINTING FOR PLACE TWO, SEKIA JOHNSON AND FOR PLACE THREE, SAMAD JAWAD.

>> THANK YOU. ITEM 64,

[64. Mayor’s appointment of seven (7) members (Places 1, 2, 3, 4, 5, 6, and 7) to the Multicultural Committee. Places 1, 3, 5, and 7 for a term of one (1) year beginning on October 1, 2024, and ending on September 30, 2025. Places 2, 4, and 6 for a term of two (2) years beginning on October 1, 2024, and ending on September 30, 2026. (CSO/KM)]

MAYOR'S APPOINTMENT OF SEVEN MEMBERS.

PLACES ONE THROUGH SEVEN TO THE MULTICULTURAL COMMITTEE, PLACES ONE, THREE, FIVE AND SEVEN FOR A TERM ONE YEAR BEGINNING ON OCTOBER 1ST, 2024, AND ENDING ON SEPTEMBER 30TH, 2025, PLACES TWO, FOUR AND SIX FOR A TERM OF TWO YEARS BEGINNING ON OCTOBER 1, 20 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> THESE ALSO ARE YOUR APPOINTMENTS, BUT AFTER DISCUSSION, COUNSEL RECOMMENDS THE FOLLOWING.

PLACE ONE, MARIA CORTEZ, PLACE TWO, KAMIKA DAVIS, PLACE THREE, KATRINA WATLIN, PLACE FOUR, SABA ILIAS, PLACE FIVE, RENEE SAMPLE, PLACE SIX, CRITI TUARE AND PLACE SEVEN, SHANE GILMORE JR.

>> THANK YOU, BILL. ITEM 65.

[65. Consider and act upon the appointment of three (3) members (Places 2, 4, and 6) to the Natural Resources Advisory Board (previously the Urban Forestry Board) for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES TWO, FOUR AND SIX TO THE NATURAL RESOURCES ADVISORY BOARD.

PREVIOUSLY, THE URBAN FORESTRY BOARD FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1ST, 2024, AND ENDING ON SEPTEMBER 30, 2026.

>> FOR PLACE TWO, ALAN MITCH, PLACE FOUR, KATHLEEN RICHTER AND PLACE SIX, RICHARD TRAVIS.

>> THAT PASSES 6-0. ITEM 66,

[66. Consider and act upon the appointment of three (3) members (Places 2, 4, and 6) to the Social Services and Housing Board for a term of two (2) years each beginning on October 1, 2024, and ending on September 30, 2026. (CSO/JD)]

CONSIDER AND ACT UPON THE APPOINTMENT OF THREE MEMBERS, PLACES TWO, FOUR AND SIX TO THE SOCIAL SERVICES AND HOUSING BOARD FOR A TERM OF TWO YEARS, EACH BEGINNING ON OCTOBER 1ST, 2024, ENDING ON SEPTEMBER 30TH, 2026.

>> OKAY. FOR PLACE TWO, VENKAT MUL COTA.

I KNOW I MESSED THAT NAME UP, AND I'M SORRY.

PLACE FOUR, ADRIANE ESCALANTE, AND PLACE SIX, JOSEPH HOWARD.

>> 67, CONSIDER AN ACT UPON ADOPTION OF A RESOLUTION NOMINATING A MEMBER OR MEMBERS TO BE PLACED ON THE BALLOT TO SERVE ON THE COLLIN CENTRAL APPRAISAL DISTRICT BEGINNING JANUARY 1, 2025, FOR A TERM OF ONE OR THREE YEARS TO BE DETERMINED BY DRAWING AT THE FIRST MEETING OF THE CCAT BOARD IN 2025.

>> PASSES 6-0.

[67. Consider and act upon adoption of a Resolution nominating a member or members to be placed on the ballot to serve on the Collin Central Appraisal District Board (CCAD) beginning January 1, 2025, for a term of one (1) or three (3) years to be determined by a drawing at the first meeting of the CCAD Board in 2025. (CSO/JD)]

>> I'D LIKE TO NOMINATE SKIP MIDDLETON FOR ITEM 67.

>> ANY OTHER NOMINATIONS? DISCUSSION. NO. WE GOT A MOTION BY JOHN?

>> PASSES 6-0. ITEM 68,

[68. Consider and act upon adoption of a Resolution nominating a member or members to be placed on the ballot to serve on the Denton Central Appraisal District Board (DCAD) beginning January 1, 2025, for a term of one (1) or three (3) years to be determined by a drawing at the first meeting of the DCAD Board in 2025. (CSO/JD)]

CONSIDER AND ACT UPON ADOPTION OF A RESOLUTION NOMINATING A MEMBER OR MEMBERS TO BE PLACED ON THE BALLOT TO SERVE ON THE DENTON CENTRAL APPRAISAL DISTRICT BEGINNING JANUARY 1ST, 2025 FOR A TERM OF ONE OR THREE YEARS TO BE DETERMINED BY DRAWING AT THE FIRST MEETING OF THE DCAD BOARD IN 2025.

>> I'D LIKE TO NOMINATE ROB ALTMAN FOR ITEM 68.

>> MOTION BY JOHN. ANY OTHER CANDIDATES FOR CONSIDERATION? WE'LL LOOK FOR A SECOND.