Aug 29, 2024 Sesión Especial del Consejo de la Ciudad

[00:00:08]

>> MAYOR NIRENBERG: THANK YOU FOR YOUR PATIENCE. IF YOU CAN BEGIN TO FIND YOUR SEATS, WE'LL GO AHEAD AND GET STARTED. TIME IS 1:07 P.M. ON AUGUST 29, 2024. WE'LL CALL OUR SPECIAL MEETING TO ORDER.

MADAME CLERK, COULD YOU READ THE ROLL?

>> CLERK: SIR, WE HAVE A QUORUM. >> MAYOR NIRENBERG: ALL RIGHT. WELCOME, EVERYONE TO OUR CITY COUNCIL MEETING.

WE HAVE A BRIEFING AND PUBLIC HEARING ON THE PROPOSED NEW DOWNTOWN MINOR LEAGUE BASEBALL STADIUM AND SURROUNDING DEVELOPMENT. SO, ERIK, I'LL TURN IT OVER

TO YOU TO BRING IN OUR PRESENTATION. >> WALSH: SO THE ITEM WE HAVE BEFORE YOU THIS AFTERNOON IS ANOTHER BRIEFING AND PUBLIC HEARING ON THE PROPOSED MINOR LEAGUE BASEBALL STADIUM PROJECT. DURING OUR B SESSION ON AUGUST 14TH, SEVERAL COUNCIL MEMBERS INQUIRED ABOUT ADDITIONAL TIME FOR COUNCIL AND THE PUBLIC TO WEIGH IN ON THE ISSUE. AFTER THAT B SESSION, WE RESCHEDULED THE FOLLOWING COUPLE OF WEEKS TO BE ABLE TO MAKE TODAY'S PRESENTATION AVAILABLE. ALL OF THE DETAILS AND TERM SHEETS WERE INCLUDED ON THE CITY'S POSTING LAST WEEK SO THEY'VE ALL BEEN AVAILABLE SINCE LAST WEEK AND WE'LL CONTINUE, AS WE MOVE FORWARD, TO NEXT WEEK'S AGENDA ON SEPTEMBER 5TH.

FOR TODAY'S SESSION, THE REPRESENTATIVES FROM THE MISSION'S OWNERSHIP GROUP WILL START AND BEN WILL GO OVER A CONDENSED VERSION OF THE PRESENTATION .

BEFORE I TURN IT OVER, I WANTED TO PUBLICLY THANK THE OWNERSHIP GROUP.

THERE'S BEEN A TREMENDOUS AMOUNT OF WORK DONE TO GET TO TODAY'S POINT.

YOU KNOW, OUR INITIAL CONVERSATIONS WITH THE TEAM ALWAYS ASSUMES SOME LEVEL OF MEANINGFUL FUNDING FROM THE TEAM IN THE FORM OF A $34 MILLION EQUITY CONTRIBUTION AND OTHER TEAM REVENUES. UNDER THAT INITIAL PROPOSAL THE PLAN OF FINANCE WAS NOT SOMETHING WE THOUGHT WAS GOING TO WORK AND WE BELIEVED THAT WE NEEDED TO RESET THE DISCUSSION AND THE APPROACH AND THE OWNERSHIP GROUP WAS COMPLETELY OPEN TO THAT AND WORKED VERY HARD ALONGSIDE THE CITY STAFF TO GET TO TODAY'S POINT. SO THAT EFFORT AND THE WORK THAT HAS BEEN COLLECTIVELY DONE HAS BROUGHT UP THE FRAMEWORK THAT WE LAID OUT ON AUGUST 14 THAT WE WILL RECAP AND GO THROUGH TODAY AND IS OUTLINED IN THE TERM SHEET THAT'S BEEN AVAILABLE TO THE PUBLIC SINCE LAST WEEK. BRUCE, I KNOW YOU HAVE A HUGE TEAM. BRUCE, RANDY, REED, HOPE, AND ALL THE OTHER OWNERS, THANK YOU FOR TAKING THOSE STEPS WITH US. THERE'S MORE WORK TO BE DONE BUT WE BELIEVE THAT THERE'S A REALLY STRONG FRAMEWORK HERE IN THIS PROPOSAL AND IS A MODEL DEAL STRUCTURE AND I CERTAINLY APPRECIATE THE PARTNERSHIP.

SO WITH THAT, I'M GOING TO TURN IT OVER TO RANDY TO KICK US OFF AND WE'LL

TRANSITION TO BEN. >> THANK YOU, MAYOR AND CITY COUNCIL MEMBERS.

NICE TO SEE YOU ALL. THANK YOU FOR HAVING US AGAIN.

I'M GOING TO BE VERY BRIEF I'M GOING TO INTRODUCE RANDY ONCE AGAIN AND ALSO HOPE, WHO ARE ON THE BOARD WITH ME. I'M THE CONTROL PERSON FOR THE SAN ANTONIO MISSIONS AND THAT'S A MAJOR LEAGUE BASEBALL TERM FOR THE ONE PERSON THEY CAN GO TO FOR DECISIONS BUT REALLY WE RUN IT AS A BOARD AND ALL THREE OF US ARE BOARD MEMBERS.

MINOR LEAGUE BASEBALL STADIUM, WE'RE GOING TO DO A SMALL-CAPACITY BASEBALL MULTI-PURPOSE EVENT CENTER. IT IS GOING TO BE MORE LIKE A MAJOR LEAGUE.

IT'S A MAJOR LEAGUE STADIUM THAN A MINOR LEAGUE STADIUM. IT'S GOING TO BE BEST IN CLASS. IT'S GOING TO BE A BALLPARK THAT PAYS FOR ITSELF BY THE SUBSTANTIAL DEVELOPMENT AROUND IT, MUCH OF WHICH IS GOING TO BE BUILT AT THE SAME TIME AS THE BALLPARK SO IT'S NOT A BUILD IT AND I HOPE THEY SHOW UP.

WE'RE SHOWING UP DAY ONE AND WE'RE GOING TO GET IT DONE TOGETHER.

SO WE'RE HERE AS YOUR PARTNERS. WE'RE FROM SAN ANTONIO.

[00:05:01]

THIS IS FOR THE CITY. THIS IS FOR THE COUNTY. THIS IS FOR THE CITIZENS.

WITH THAT, I WANT TO PASS IT ON TO RANDY AND HE'LL TALK ABOUT THE DEVELOPMENT AND

THE BALLPARK ITSELF. >> THANK YOU, MAYOR. THANK YOU, COUNCIL.

TWO WEEKS AGO WHEN WE LEFT B SESSION IT WAS IMPRESSED UPON ME THAT THERE WERE TWO THINGS I FELT LIKE I NEEDED TO LEAN IN ON PER YOUR FEEDBACK.

AND THOSE TWO THINGS WERE COMMUNITY INVOLVEMENT IN THE DESIGN OF THIS BALLPARK.

AND THEN COMMUNICATION WITH OUR RESIDENTS AT SOAP FACTORY .

I WOULD LIKE TO SPEND A FEW BRIEF MOMENTS ON THOSE THINGS BEFORE PASSING TO HOPE. I WILL START WITH COMMUNICATION WITH OUR RESIDENTS AT SOAP FACTORY. WE REALIZE THAT COMMUNICATION IS PARAMOUNT HERE. AND WHILE THIS IS NOT AN AFFORDABLE HOUSING PROJECT AND NO ONE WILL HAVE THEIR LEASE TERMINATED, WE WANT TO BE CLEAR EYED THAT THERE ARE SOME DIFFICULT CONVERSATIONS COMING ABOUT LEASE RENEWALS. AND I TRY TO INSTILL IN MY COMPANY A CULTURE OF EMPATHY DURING TOUGH CONVERSATIONS AND WHEN WE TACKLE THOSE WE LIKE TO DO SO ALONG THE FRAMEWORK THAT WE SAY BAD NEWS FIRST, FULL DISCLOSURE, NO SURPRISES. AND WE WILL COMMIT TO FOLLOWING THAT FRAMEWORK OF COMMUNICATION THROUGHOUT THIS PROCESS. PART OF THAT FRAMEWORK BEGAN IMMEDIATELY AFTER B SESSION TWO WEEKS AGO. WE COMMUNICATED WITH ALL SOAP FACTORY RESIDENTS VIA E-MAIL. UNFORTUNATELY WE DON'T HAVE E-MAIL ADDRESSES FOR ALL RESIDENTS AND SO WE ALSO POSTED THE COMMUNICATION ON EACH DOOR AT SOAP FACTORY. AND WE ALSO HAVE AN ONLINE RESIDENT PORTAL WHERE TENANTS CAN SEE COMMUNICATION RELEVANT TO THE COMMUNITY.

WE KEEP OFFICE HOURS AND I'M VERY PROUD OF OUR PROPERTY MANAGEMENT TEAM THERE.

AND WHAT WE TRY TO STRESS EARLY IN THIS COMMUNICATION IS THAT THIS IS A PROCESS AND NOT AN EVENT. WHAT WE'RE TALKING ABOUT HERE TODAY WILL TAKE THE BETTER PART OF A DECADE TO ACCOMPLISH. AND WE NEED TO COMMIT TO THAT ROBUST COMMUNICATION ALL ALONG THE WAY. WE DO COMMIT TO THAT ROBUST COMMUNICATION ALL ALONG THE WAY. AND THE FIRST IMPACTS OF THIS WILL BE LATE NEXT YEAR. WE ALSO WANT OUR RESIDENTS TO FEEL HEARD.

IN THE COMMUNICATION POSTED TO DOORS QUESTIONS. AND THEN I'M VERY PROUD OF OUR ON-SITE STAFF.

THEY'RE ALWAYS AVAILABLE FOR QUESTIONS BY PHONE OR IN THE OFFICE.

WITHIN THE PORTAL WE'RE ALSO STANDING UP AN FAQ. AND JUST DESIRE A ROBUST DIALOGUE WITH EVERYONE ALONG THE WAY. SO BUT THESE ARE DIFFICULT CONVERSATIONS AND WHILE WE ARE COMMITTED TO THESE THINGS, WE ARE NOT PERFECT.

SOME TOUGH CONVERSATIONS ARE COMING AND ONE THING THAT YOU HEARD ME SAY A COUPLE OF WEEKS AGO IS WE PLAN TO OFFER HOUSING NAVIGATION. AND I THOUGHT IT MIGHT BEHOOVE US TO TAKE A MINUTE TO TALK ABOUT WHAT THAT REALLY IS AND WHAT OUR COMMITMENT TO OUR RESIDENTS THERE IS. THAT IS NOT SOMETHING THAT I WOULD ENDEAVOR TO TAKE ON BY MYSELF. WE HAVE WORKED WITH A NONPROFIT CALLED BUILDING BRIGHTER COMMUNITIES THAT WAS RECOMMENDED TO US BY CITY STAFF. WE'VE BEEN MEETING WITH THEM FOR A COUPLE OF MONTHS NOW.

AND THE GOAL THERE IS TO UNCOVER THE BEST PRACTICES AND THE THINGS THAT REALLY WORK IN THESE INSTANCES FOR THE CHALLENGES THAT SOME RESIDENTS MAY FACE.

WE KNOW THAT MOVING, EVEN IF IT'S JUST ACROSS A PARKING LOT, CAN BE DISRUPTIVE TO LIVES AND SCHEDULES AND WE WANT TO BE SYMPATHETIC TO THAT.

BOTTOM LINE IS OUR PLAN OVER THE NEXT FIVE TO SEVEN YEARS IS TO TREAT OUR RESIDENTS THE WAY WE WOULD LIKE TO BE TREATED. THE SECOND ISSUE WAS COMMUNITY DESIGN INPUT. THIS WILL BE A COMMUNITY ASSET.

THIS WILL BE OWNED BY THE COMMUNITY AND I DON'T THINK IF WE STAND UP HERE AND TALK ABOUT HOW GREAT THIS WILL BE FOR THE FAMILIES OF OUR COMMUNITY AND WE DON'T GRAB THE VOICE OF THOSE SAME FAMILIES IN THE BEGINNING DURING DESIGN, THIS BALLPARK IS NOT LIKELY TO REACH ITS FULL POTENTIAL. AS I DISCUSSED WITH MANY OF YOU, YOUR CONSTITUENTS NEED TO BE HEARD EARLY IN THE DESIGN PROCESS.

[00:10:03]

I WANT TO BE CLEAR I'M NOT TALKING ABOUT A BIG CATTLE CALL WITH 200 PEOPLE IN A ROOM WHERE NOBODY'S VOICE GETS HEARD. THESE WILL BE DEDICATED SESSIONS WITH YOU AND YOUR DISTRICT. WE WILL DO THE SAME WITH EACH PRECINCT AT THE COUNTY AND DO THE SAME THING WITH STAKEHOLDERS INCLUDING UTSA, SAN ANTONIO SPORTS, ULI, CENTRO, AND SO ON. I'M CONVINCED THERE'S A BUNCH OF GREAT IDEAS READY TO BE DISCOVERED FROM THE RESIDENTS OF SAN ANTONIO.

I'LL PASS IT OVER TO HOPE. THANK YOU, MAYOR. THANK YOU, COUNCIL.

>> MY NAME IS HOPE ANDRADE AND I'M PART OF THE MISSION'S BASEBALL BOARD.

OUR GOAL REMAINS STEADFAST, WHICH IS TO KEEP THE SAN ANTONIO MISSIONS IN OUR CITY AND TO OFFER AN AFFORDABLE SPORTING EVENT FOR EVERYONE. THE NEW BALLPARK WILL NOT ONLY SERVE AS A SPORTING AND COMMUNITY VENUE BUT WILL ALSO STIMULATE DEVELOPMENT IN A MUCH-NEEDED AREA OF DOWNTOWN. ALL AT NO COST TO THE TAXPAYER OR THE CITY BUDGET. WE ARE PROUD TO BE PART OF THIS COMMUNITY AND WE REMAIN COMMITTED TO WORKING IN A RESPONSIBLE, THOUGHTFUL, AND COMMUNICATIVE MANNER GUIDED BY THE PRINCIPLES THAT HAVE ALWAYS BEEN CENTRAL TO OUR MISSION.

THANK YOU SO MUCH FOR YOUR TIME AND YOUR CONTINUED SUPPORT.

>> GORZELL: GOOD AFTERNOON, MAYOR AND COUNCIL MEMBERS.

PLEASURE TO BE HERE THIS AFTERNOON TO BRIEF YOU AGAIN ON THE PROPOSED MINOR LEAGUE BASEBALL STADIUM IN DOWNTOWN SAN ANTONIO. I'M GOING TO START WITH A QUICK SUMMARY OF THE PROJECT. SO WHAT WE'RE PROPOSING TO DO IS CONSTRUCT A NEW DOWNTOWN MINOR LEAGUE BALLPARK WITH APPROXIMATELY 4500 FIXED SEATS AND A TOTAL CAPACITY OF APPROXIMATELY 7500.

THE ESTIMATED COST IS ABOUT $160 MILLION, INCLUSIVE OF LAND, AND IS GOING TO BE PRIMARILY PAID FOR FROM TEAM EQUITY, TEAM REVENUE, PROPERTY TAX INCREMENTS AS WELL AS ASSESSMENTS FROM A MUNICIPAL MANAGEMENT DISTRICT.

SO THE NEW DEVELOPMENT AND THE TEAM REVENUES IS HOW WE'RE ACCOMPLISHING GETTING THIS BALLPARK DONE. IT COMES WITH NEW PRIVATE DEVELOPMENT, HOSPITALITY, AND MULTIFAMILY. THAT'S GOING TO BE BUILT IN PHASES.

THE PROJECTED TAXABLE VALUABLE ON THOSE PHASES IS $1 BILLION AND WE ANTICIPATE THE BALLPARK WILL BE DONE IN TIME FOR OPENING DAY IN APRIL OF 2028.

SO TALKING ABOUT THE PROJECT SPECIFICALLY, I'LL START ON THE RIGHT-HAND SIDE OF THIS SLIDE. THERE'S A MAP HERE OF THE PROPOSED SITE.

THE PROPOSED BALLPARK STADIUM WOULD BE LOCATED IN THE NORTHWEST QUADRANT OF DOWNTOWN NEAR SAN PEDRO CREEK CULTURE PARK AND FOX TECH HIGH SCHOOL.

ALL THE PROPERTIES HAVE BEEN ACQUIRED WITH THE EXCEPTION OF SOME PROPERTY FROM THE SAN ANTONIO INDEPENDENT SCHOOL DISTRICT. THOSE NEGOTIATIONS ARE ON ONGOING. IN CONJUNCTION WITH THIS PROPOSED BALLPARK SITE, THE PROJECT INCLUDES FOUR PHASES OF SURROUNDING PRIVATE DEVELOPMENT, AND THAT'S ON THE TABLE ON THE LEFT-HAND SIDE. WE'VE GOT THE FOUR PHASES LISTED THERE ALONG WITH THE ESTIMATED COMPLETION DATES FOR EACH OF THE PHASES.

YOU CAN SEE THAT IT TOTALS $1 BILLION IN -- NOT IN INVESTMENT BUT IN TAXABLE VALUE. THE FIRST ONE IS AT $300 MILLION.

THE SECOND IS AT $275 MILLION. THE PHASES ARE IMPORTANT BECAUSE THEY TIE INTO THE PLAN OF FINANCE AND I'M GOING TO GO INTO HOW WE PUT THE DEAL TOGETHER TO UTILIZE THIS NEW DEVELOPMENT TO HELP PAY FOR THIS BALLPARK.

SO IN TERMS OF BALLPARK FUNDING, THE CITY AND COUNTY, IN TERMS OF HOW THIS WOULD WORK, THE CITY AND COUNTY WILL JOINTLY CREATE THE SAN PEDRO CREEK DEVELOPMENT AUTHORITY . THAT WOULD INCLUDE MEMBERSHIP FROM THE CITY, THE COUNTY, AND THE TEAM. THE PROPOSED BALLPARK LOCATION IS LOCATED IN THE BOUNDARIES OF THE HOUSTON HOUSTHOUSTONSTREET TAX INCREMENT REINVESTMENT ZONE ZONE.

I'LL TALK ABOUT WHAT A TIRZ IS. IT IS AN ECONOMIC DEVELOPMENT TOOL AUTHORIZED UNDER STATE LAW. IT ALLOWS THE INCREMENTAL

[00:15:02]

WE'VE GOT TO MEET CRITERIA FOR SETTING UP A TIRZ. THE HOUSTON STREET TIRZ HAS BEEN IN PLACE FOR SOME TIME SO IT IS REALLY A GREAT TOOL TO USE IN IN SITUATION AS WE LOOK AT TRYING TO FIND FUNDING FOR A BALLPARK STADIUM BUT ALSO COUPLING IT WITH A SIGNIFICANT AMOUNT OF TAXABLE INVESTMENT IN THAT PART OF DOWNTOWN.

AS I MENTIONED, THE BALLPARK IS ANTICIPATED TO COST APPROXIMATELY $160 MILLION.

THE FUNDING WOULD COME FROM A $34 MILLION EQUITY CONTRIBUTION FROM THE TEAM.

THAT IS ANTICIPATED TO BE USED FOR LAND ACQUISITION AND FOR THE DESIGN ARCHITECTURE AND ENGINEERING FOR THE NEW STADIUM. THE REMAINING $126 MILLION WOULD COME FROM BONDS TO BE ISSUED BY THE NEWLY-CREATED AUTHORITY WITH A PLEDGE OF HOUSTON STREET TIRZ REVENUES. AND THEN LASTLY ON THIS SLIDE, AS DESIGN PROGRESSES, AS THIS PROJECT MOVES FORWARD, THE GUARANTEED MAXIMUM PRICE WOULD BE ENTERED INTO BEFORE A BOND ISSUE WOULD HAPPEN.

AT THAT POINT IN TIME THE TEAM WOULD BE RESPONSIBLE FOR ANY COST OVERRUNS OVER THAT GUARANTEED MAXIMUM PRICE. I'LL TALK ABOUT THE PLAN OF FINANCE AND THE BOND ISSUE ITSELF. WE ANTICIPATE ISSUING ONE OR MORE SERIES OF TAX EXEMPTION TAXABLE BONDS. THEY WOULD BE ISSUED BY THE AUTHORITY AND THEY WOULD HAVE A PLEDGE OF HOUSTON STREET TIRZ REVENUES THAT WILL HELP WITH CREDIT SUPPORT FOR THAT BOND TRANSACTION.

SOME OF THE QUESTIONS WE HAVE GOTTEN IS, YOU KNOW, WHY IS THIS DIFFERENT FROM MAYBE OTHER DEALS THAT HAVE HAPPENED WHEN WE'VE TRIED TO COUPLE DEVELOPMENT WITH A BOND ISSUE. AND THERE'S A COUPLE OF REASONS THAT THIS DEAL IS DIFFERENT. I'M GOING TO HIGHLIGHT A COUPLE OF THEM HERE.

ONE ARE IN THIS PROPOSED FRAMEWORK FOR HOW WE MOVE FORWARD, THERE ARE CONDITIONS THAT MUST BE MET PRIOR TO US AUTHORIZING THE ISSUANCE OF BONDS FOR THE BALLPARK STADIUM PROJECT. THOSE INCLUDE -- I'M GOING TO GO BACK TO THE TABLE THAT WAS ON SLIDE 2 WHERE WE TALKED ABOUT THE FOUR PHASES OF PRIVATE DEVELOPMENT.

IN ORDER FOR THE BOND ISSUE TO MOVE FORWARD, PHASE 1, WHICH IS EXPECTED TO YIELD $300 MILLION IN TAXABLE VALUE, HAS TO BE DESIGNED, FINANCED, AND HAS TO BE READY TO HAVE A NOTICE TO PROCEED ISSUED ON IT. IT'S GOT TO BE AT THE POINT WHERE IT'S GOING TO INTO CONSTRUCTION. PHASE 1 GETS BUILT AT THE SAME TIME WE'RE BUILDING THE BALLPARK. PHASE 2, WHICH SHOWED $275 MILLION IN TAXABLE VALUE, IT HAS TO BE IN DESIGN PRIOR TO US ISSUING THE BONDS. SO THE DIFFERENCE HERE IS THAT WE HAVE DEVELOPMENT THAT WILL BE BUILT AT THE SAME TIME THAT THE BALLPARK IS MOVING FORWARD AND WE'LL HAVE THOSE COMMITMENTS IN PLACE PRIOR TO US EVEN GETTING TO A POINT WHERE WE ISSUE BONDS. SO THAT'S A BIG DIFFERENCE. SO THAT IS ONE SIGNIFICANT DIFFERENCE I WANTED TO HIGHLIGHT. THE BONDS THEMSELVES WILL BE REPAID FROM A NUMBER OF DIFFERENT SOURCES. WE'VE GOT TEAM REVENUES OF $1 MILLION ANNUAL LEASE PAYMENT TO THE AUTHORITY FOR UTILIZATION OF THE BALLPARK.

THERE'S A $2 TICKET FEE THAT WILL BE ACCESSED ON TICKETS THAT WILL BE USED TO PAY FOR DEBT SERVICE ON THE BONDS. AND THEN WE'VE GOT GUARANTEED CITY AND COUNTY PROPERTY TAX INCREMENT IN THE TIRZ. AND WE'VE GOT ASSESSMENTS FROM A MUNICIPAL MANAGEMENT DISTRICT THAT WILL BE CREATED.

ALL OF THAT IS TIED TO THAT PHASE 1 AND PHASE 2 OF THE NEW PRIVATE DEVELOPMENT.

THE MUNICIPAL MANAGEMENT DISTRICT, OR MMD, I'LL TOUCH ON THAT.

WE WOULD NEED TO CONSENT TO THE CREATION OF THAT. THE BOUNDARIES OF THAT MMD WOULD ESSENTIALLY BE THE NEW DEVELOPMENT, THOSE FOUR PHASES.

IT WOULD PRIMARILY CAPTURE THAT. AND THE MMD WORKS A LITTLE BIT LIKE A PID IN THE SENSE THOSE PROPERTIES STILL PAY THEIR PROPERTY TAXES.

THIS IS AN ASSESSMENT ON TOP OF THAT. AND THAT ASSESSMENT, UNDER AN MMD, HAS BROADER PURPOSES AND USES IN TERMS OF HOW YOU CAN USE THE DOLLARS.

THAT'S WHY WE'VE TO ALSO PAY FOR DEBT SERVICE ON THE PROJECT. SO I MENTIONED THE FACT THAT WE'VE GOT THOSE CONDITIONS THAT HAVE TO BE MET PRIOR TO A BOND ISSUE MOVING FORWARD.

THE OTHER PIECE THAT'S TIED IN WITH PHASE 1 AND 2 ARE THESE GUARANTEES.

AND SO IF WE LOOK AT THE PROJECT, IT'S MET THE CONDITIONS.

WE'VE ISSUED THE BONDS. WE NOW HAVE GUARANTEES NOT ON THE DEVELOPMENT OF PHASES 1 AND 2 BUT ON THE PROJECTED REVENUE THAT IS TO COME FROM THOSE TWO PHASES.

[00:20:01]

TO BACK THE GUARANTEE, WE DID ASK THE TEAM TO ALSO PUT UP SOME LIQUIDITY FACILITIES OR ACCESS TO OUR ABILITY TO DRAW ON FUNDS IF THERE WAS A SHORTFALL.

THEY'VE DONE THAT. THEY HAVE AGREED TO DO THAT. THE TEAM IS PROVIDING A TWO-YEAR ROLLING LINE OF CREDIT WITH THE BANK THAT WE WILL BE ABLE TO VERIFY.

AND THEN AN ADDITIONAL FACILITY IS BEING PUT IN PLACE BY A SUBSET OF TEAM OWNERS THAT WILL ALSO BE IN PLACE. ALSO THE LINE OF CREDIT THAT WE CAN VERIFY WITH THE BANK. WHEN YOU LOOK AT THE TEAM REVENUES, THE PROPERTY TAX INCREMENT FOR THE CITY AND THE COUNTY INSIDE OF THE HOUSTON STREET TIRZ FROM THESE FIRST TWO PHASES OF DEVELOPMENT ONLY -- NOT LOOKING AT 3 AND 4.

AND WE LOOK AT THE ASSESSMENTS FROM THE MUNICIPAL MANAGEMENT DISTRICT, YOU LOOK AT ALL THAT COLLECTIVELY, IT COVERS ABOUT 86% ROUGHLY OF THE COST OF THE BALLPARK. THE REMAINING 14% WOULD BE COMING FROM THE HOUSTON THE HOUSTONSTREET THIS ONLY OCCURS IN THE EVENT THAT PHASES 3 AND 4 DON'T GET BUILT OR THAT PROJECTIONS FOR PHASES 1 AND 2, THAT THE ACTUAL REVENUES DON'T COME IN HIGHER. THE LAND IS ALREADY OWNED BY THE DEVELOPER FOR PHASES 3 AND 4 SO THERE'S A HIGH LIKELIHOOD THAT THE DEVELOPMENT WILL MOVE FORWARD, SO AT THE END OF THE DAY WE'VE GOT NEW DEVELOPMENT PAYING FOR THE BALLPARK ALONG WITH THE TEAM EDGE CONTRIBUTION AND TEAM REVENUES.

-- TEAM EQUITY CONTRIBUTIONS. JUST ON THE HOUSTON STREET TAX INCREMENT REINVESTMENT ZONE, WE'VE GOT A MAP THAT YOU CAN SEE.

IT KIND OF GOES ON THE SOUTH FROM CESAR CHAVEZ UP TO 35, AND THEN TO THE EAST OVER JUST EAST OF BROADWAY AND THEN TO THE WEST CLOSE TO SANTA ROSA.

SO THE ONLY REVENUES, WHETHER THEY ARE COMING FROM NEW DEVELOPMENT OR EXISTING THAT ARE PLEDGED TO THIS BOND ISSUE, ARE COMING OUT OF THIS HOUSTON STREET INCREMENT REINVESTMENT ZONE. THIS IS A TOOL THAT'S ALLOWED UNDER STATE LAW, THIS IS HOW IT'S USED TO SUPPORT DEVELOPMENT AND REDEVELOPMENT.

SO THE ONLY CHANGE I'M GOING TO HIGHLIGHT IS YOU SEE A YELLOW BOX THERE.

THERE ARE SOME PROPERTIES CURRENTLY WITHIN THE WESTSIDE TIRZ THAT WE'RE GOING TO RECOMMEND WE AMEND AND MOVE INTO THE HOUSTON STREET TIRZ.

THAT'S REALLY FOR PURPOSES OF THE BOND ISSUE, WE WANT TO GET THAT INTO A SINGLE TIRZ TO MAKE THAT A MORE EFFICIENT BOND TRANSACTION FOR US.

THE OTHER THING IS RECOMMENDING THE FROM THE BOND ISSUE DATE. THAT WILL BE IMPORTANT FOR BONDHOLDERS.

THEY WILL WANT TORE US TO HAVE SOME FLEXIBILITY UNTIL 2060.

SOME OF THE OTHER PROVISIONS IN PLACE AND RANDY TOUCHED ON THESE A LITTLE BIT, ON THE SOAP FACTORY RESIDENT DISPLACEMENT PLAN, TENANTS THAT ARE IMPACTED BY PHASE 1 WILL BE OFFERED TO OPPORTUNITY TO RELOCATE TO OTHER UNITS.

TENANTS THAT GET IMPACTED BY PHASE 2 WOULD ALSO HAVE THE OPPORTUNITY TO RELOCATE TO OTHER SOAP FACTORY UNITS OR TO BE LOCATED IN THE CONTINENTAL BLOCK DEVELOPMENT ON WEST COMMERCE. THAT DEVELOPMENT IS UNDER CONSTRUCTION NOW. THERE ARE 145 UNITS THEY HAVE RESERVED FOR RESIDENTS WITH 60 TO 80% OF AMI SO THAT WOULD BE AN OPPORTUNITY FOR THOSE RESIDENTS TO

[00:25:02]

ONE OF THE THINGS WE CAN DO TO ENHAVE YOU THE LONGEVITY IS MAKE SURE WE HAVE FUNDING IN PLACE UP FRONT THAT'S ON AN ONLY BASIS THAT CAN BE USED TO MAKE SURE WE TAKE CARE OF THE MAINTENANCE ON THAT BUILDING. THIS IS NOT ROUTINE MAINTENANCE. ROUTINE MAINTENANCE WILL BE COVERED BY THE TEAM.

THESE ARE MORE SIGNIFICANT CAPITAL ITEMS THAT WE NEED TO ADDRESS.

THE NEXT ONE ON TRAFFIC SECURITY AND CLEANLINESS, WE'LL COLLABORATE WITH THE TEAM TO LOOK AT TRAFFIC, SECURITY AND CLEANLINESS AROUND THE BALLPARK, PARTICULARLY ON GAME AND EVENT DAYS. THAT PLAN WILL COME BACK TO YOU ONCE WE'VE HAD SOME TIME TO LOOK AT THAT. BUT OBVIOUSLY WE WANT FANS AND ATTENDEES OF I VENTS AT THAT FACILITY TO HAVE A GOOD FAN EXPERIENCE AND PART OF THAT IS BEING ABLE TO ADDRESS THE ISSUES I JUST MENTIONED SO WE'LL BE COMING BACK WITH A COMPREHENSIVE PLAN ON THAT. WE GOT SOME QUESTIONS ON LOCAL PARTICIPATION AND SBEDA. SO THE PRIMARY VENDORS IF NOT LOCATED IN BEXAR COUNTY WHAT THE DEVELOPER OR TEAM IS GOING TO ASK FOR, THEY ARE GOING TO BE ENCOURAGE 9 TO JOIN LOCAL VENTURE WITH A PARTNER.

THERE WILL BE COMMERCIAL OUTREACH, MINORITY AND WOMEN-OWNED BUSINESSES TO LOOK FOR OPPORTUNITIES TO BE SUB CONTRACTORS AS THEY MOVE FORWARD.

ON CONSTRUCTION PACKAGES THEY WILL BE ASSIGNED A GOAL AND OUR ECONOMIC DEVELOPMENT SMALL BUSINESS OFFICE WILL WORK WITH THE TEAM AND DEVELOPER AS THEY ROLL OUT CONSTRUCTION PACKAGES AND MOVE FORWARD. IN TERMS OF SOME OTHER COMMUNITY BENEFITS THAT ARE INCLUDED IN THE PROPOSED FRAMEWORK, THE BALLPARK ITSELF WILL BE -- THERE WILL BE SOME GREEN SPACE THAT WILL BE AVAILABLE TO THE PUBLIC. AND THEN THERE IS A CONCOURSE INSIDE THE FACILITY THAT CAN BE UTILIZED AS A WALKING TRACK. THAT WILL BE AVAILABLE FOR RESIDENTS TO USE BETWEEN 9:00 AND 5:00 AS LONG AS THERE'S NOT AN EVENT GOING ON SO THERE'S AN OPPORTUNITY TO USE THE FACILITY. YOUTH PROGRAMS ARE UNDER DEVELOPMENT, BUT WHAT THEY ARE WORKING ON IS PROVIDING FREE TICKETS TO DISADVANTAGED YOUTH AND THAT IS IN DEVELOPMENT AND WE'LL BRING THAT BACK AS WELL.

STAKEHOLDER DAYS, CITIES AND COUNTIES ARE GOING TO HAVE ACCESS TO THE FACILITIES FIVE DAYS A YEAR SO LONG AS IT DOES NOT CONFLICT WITH ANOTHER EVENT.

STAKEHOLDER ADVERTISING. WE WANT TO EXPLORE OPPORTUNITIES TO DO PUBLIC SERVICE ANNOUNCEMENTS AT THE FACILITY. BE GREAT CONVENIENT VIEW TOED THAT IN. WHAT THEY'VE ASKED US TO HELP GET THE WORD OUT FOR CERTAIN TEAM EVENTS AND WE'RE EXPLORING AND LOOKING AT THAT.

WE'VE ALSO CREATED THE SAN ANTONIO 1888 BASEBALL FOUNDATION WHERE THEY ARE GOING TO CONTRIBUTE AT LEAST $200,000 ANNUALLY TO SUPPORT LOCAL INITIATIVES REGARDING CHILDREN AND HOMELESS VETERANS. THEY ARE WORKING ON A PROGRAM WITH THE SAN ANTONIO INDEPENDENT SCHOOL DISTRICT LOOKING AT A NUMBER OF THINGS LIKE INTERNSHIPS, ACCESS TO THE FACILITY AND STAKEHOLDER DAYS.

THAT'S IN VERY EARLY STAGES OF CONVERSATION SO MORE TO COME ON THAT.

AND THEN THEY'VE ALSO MADE A WAGE COMMITMENT, AND TO THE TEAM, SO THEY WILL PROVIDE FULL-TIME AND PART-TIME POSITIONS WITH A WAGE AT THE CITY'S ENTRY WAGE WHICH TODAY, YOU KNOW, WE NOTED WAS $18 PER HOUR. BUT THIS COMMITMENT IS ON THE ENTRYWAY. AS OUR -- ENTRY WAGE. AS OUR ENTRY WAGE GOES UP, THAT WILL CHANGE AS WELL. AND MAKE AN EFFORT TO HIRE VETERANS FOR GAME-DAY OPERATIONS. LET ME PIVOT A LITTLE BIT AND TALK ABOUT THE EXISTING STADIUM SITE, NELSON WOLFF ON THE FAR WEST SIDE. THAT STADIUM SITE IS AN EXCELLENT OPPORTUNITY FOR REDEVELOPMENT. YOU CAN SEE IN THE BOTTOM RIGHT-HAND CORNER OF NELSON WOLFF STADIUM WITH THE TWO LARGE PARKING LOTS AROUND IT, IF YOU JUST GO TO THE PICTURE, WE'VE GOT A COMMUNITY CENTER, A PARK, WE

[00:30:06]

SO THERE'S A LOT OF PROPERTY IN THE NELSON WOLFF SITE AND AROUND THE NELSON WOLFF SITE THAT THE CITY ALREADY OWNS. SO THERE'S A GREAT REDEVELOPMENT OPPORTUNITY HERE. OUR PLANS WOULD BE TO DEVELOP A CONCEPT PLAN FOR THE REDEVELOPMENT OF THIS SITE, REALLY LOOKING AT THE NEEDS OF THE SURROUNDING COMMUNITY AND WHAT MAKES SENSE IN TERMS OF REDEVELOPMENT.

WE ALSO HAVE TIME. THE NEW BALLPARK WILL NOT BE READY FOR OPERATIONS UNTIL GAME DAY IN APRIL OF 2028. SO WE'VE GOT TIME TO WORK ON THE CONCEPT PLAN, TO ENGAGE THE COMMUNITY THERE AND REALLY DEVELOP WHAT MAKES SENSE AND THEN PUT THAT PLAN IN PLACE AS WE GO FORWARD. I'M GOING TO WRAP UP ON A COUPLE OF SLIDES ON NEXT STEPS. SO WE'VE GOT A PUBLIC HEARING TODAY, A SPECIAL SESSION WITH YOU ALL THIS AFTERNOON. WE WOULD LIKE TO SCHEDULE THE MEMORANDUM OF UNDERSTANDING AND THE TERM SHEET FOR NEXT THURSDAY FOR YOUR CONSIDERATION ON SEPTEMBER 5TH. AFTER THAT THERE'S A NUMBER OF THINGS THAT WE WOULD NEED TO DO IN ORDER TO EXECUTE ON THIS AND BE ABLE TO MOVE FORWARD WITH THIS PROJECT. THOSE INCLUDE CREATION OF THE SAN PEDRO CREEK DEVELOPMENT AUTHORITY, WE WOULD NEED TO DO THAT JOINTLY WITH THE COUNTY.

ADJUST BOUNDARIES FOR THE HOUSTON STREET TIRZ AND THE WEST SIDE TIRZ SO WE CAN MOVE THOSE PARCELS OVER. AND THEN EXTEND THE TERM FOR BOTH OF THOSE TIRZ.

THE OTHER THING WE'RE GOING TO RECOMMEND IS ON THE WEST SIDE TIRZ WE INCREASE THE CITY'S PARTICIPATION ON OUR TAX RATE FROM 90% TO 100% WHEN WE MAKE THOSE CHANGES.

ADDITIONALLY WE'LL NEED TO CONSENT TO THE CREATION OF THE MUNICIPAL MANAGEMENT DISTRICT OR MMD. WE'RE GOING TO EXPLORE EXPANDING THE DOWNTOWN PUBLIC IMPROVE DISTRICT OR P.I.D. MUCH THERE'S CONVERSATIONS ONGOING THERE, BUT TO SEE HOW THAT MIGHT FIT IN WITH SOME OF THE CLEANLINESS, SOME OF THE OTHER ISSUES AROUND THE BALLPARK SITE, SO WE'LL CONTINUE TO LOOK AT THAT.

WE'VE GOT A NUMBER OF AGREEMENTS THAT WE NEED TO NEGOTIATE AND THOSE WOULD NEED TO COME BACK TO YOU ALL FOR APROOF AS WELL. THEY INCLUDE THE TEAM LEASE, THE ECONOMIC DEVELOPMENT AGREEMENT, THE BOND EVEN DENT YOU ARE AND OTHER FINANCING DOCUMENTS AND THE TIRZ FUNDING AGREEMENT. THE TIMING ON THOSE WOULD BE, AGAIN, THE CREATION OF THE BALLPARK -- SORRY, CREATION OF THE SAN~PEDRO CREEK DEVELOPMENT AUTHORITY WOULD BE ONE OF THE FIRST THINGS WE WOULD WANT TO GET DONE AND FOLLOWED BY THE AMENDMENTS TO THE TIRZ. THE OTHER DOCUMENTS WILL TAKE SOME TIME TO PUT TOGETHER. THE TIME LINE JUST IN TERMS OF BOND FINANCING WOULD LIKELY HAPPEN NEXT FALL, FALL OF 2025.

THE TEAM IS LOOKING AT STARTING DESIGN ON THE BALLPARK WITHIN THE NEXT MONTH OR TWO AND THAT WOULD CONTINUE THROUGH NEXT FALL SO WE WOULD BE AT A POINT THEY COULD GET A GUARANTEED MAXIMUM PRICE ON THE BALLPARK.

THAT WILL BE ANOTHER KEY PIECE AS WE POTENTIALLY MOVE FORWARD WITH A BOND ISSUE.

AS WE KIND OF WRAP UP HERE, YOU KNOW, WE'VE GOT A STRONG PROPOSED PLAN OF FINANCE FOR THIS PROJECT. WE ATTACHED THE MEMORANDUM OF UNDERSTANDING AND THE TERM SHEETS ON FRIDAY SO ALL OF THAT IS THERE, PRETTY DETAILED.

THAT IS THE FRAMEWORK FOR THE DOCUMENTS AND THINGS WE NEED TO MOVE FORWARD WITH.

THAT -- THOSE DOCUMENTS LAY OUT THE FRAMEWORK IN TERMS OF HOW WE'RE GOING TO KNOWING AND MOVE FORWARD -- NEGOTIATE AND MOVE FORWARD WITH THOSE.

AS WE PUT THIS FRAMEWORK TOGETHER, I THINK WE ACHIEVE A NUMBER OF OBJECTIVES WITH THE WAY WE'VE CONSTRUCTED THIS. YOU KNOW, FIRST OF ALL, WE'RE GOING TO GET A NEW BALLPARK STADIUM THAT MEETS MLB STANDARDS NORTH CAROLINA IN THE NORTHWEST KWAN RANT OF DOWNTOWN. WE'VE GOT A PLAN THAT SHOULD KEEP THE SAN ANTONIO MISSIONS IN SAN ANTONIO FOR THE NEAR FUTURE, CONTINUE AND PROVIDE AFORTABLE FAMILY ENTERTAINMENT OPTION. WE'VE GOT A NEW BALLPARK STADIUM NOT FUNDED BY THE GENERAL FAX PAIR. WE ARE USING TEAM EQUITIES AND NEW PRIVATE DEVELOPMENT TO PAY FOR THE BALLPARK STADIUM.

WE GET NOT THE PROMISE BUT THE GUARANTEE OF NEW PRIVATE DEVELOPMENT AND THAT'S A SIGNIFICANT DIFFERENCE WITHIN THIS AGREEMENT. I TALKED ABOUT THE FIRST TWO PHASES. ALL THE CONDITIONS WE PUT IN PLACE, WE WILL GET

[00:35:04]

THERE'S A POTENTIAL TO GET EVEN GREATER PRIVATE DEVELOPMENT BEYOND THAT IF PHASES 3 AND 4 MOVE FORWARD. WE GET GREATER ACTIVATION OF SAN~PEDRO CREEK AND THEN WE GET THE OPPORTUNITY TO REDEVELOP THE CURRENT NELSON WOLFF SITE AND OTHER PROPERTIES THE CITY OWNS AND WORKING WITH THE COMMUNITY THERE IN TERMS OF A PLAN.

AS I WRAP UP HERE AND, MAYOR, JUST GOING TO ASK YOU TO INDULGE YOU, I DID THIS ON TWO WEEKS AGO, I WANT TO RECOGNIZE THE TEAM. THE CITY TEAM FOR ALL OF THEIR WORK AND EFFORT. IT WAS A LOT OF WORK TO GET TO THIS PROPOSED FRAMEWORK.

I'M GOING TO START WITH LORI HOUSTON, ASSISTANT CITY MANAGER.

TROY ELLIOTT, DEPUTY CHIEF FINANCIAL OFFICER FROM DEBT PLAN PRESENTATION A COUPLE OF DAYS SITTING IN THE FRONT ROW. MARGARET OUR ASSISTANT FINANCE DIRECTOR. ALEX, FINANCE DIRECTOR. RAY RODRIGUEZ, DEPUTY CITY ATTORNEY. CLAY BENFORD, BOND COUNSEL, AND BURGER AND JACK, CO-FINANCIAL ADVISERS. TIM KELLY WITH PIPER SANDLER.

HE IS WITH THE INVESTMENT BANKING FIRM WE'VE BEEN MODELING A LOT OF THE BOND ISSUANCE SCENARIOS. BLAKELY FERNANDEZ, GENERAL COUNSEL FOR THE TEAM.

OUR COUNTY PARTNERS THAT ARE AN IMPORTANT PORT OF THIS GETTING THIS DEAL TO MOVE FORWARD. I ALSO WANT TO THANK THE TEAM'S OWNERSHIP.

BRUCE, RANDY, REED, HOPE, THE REST OF THE TEAM OWNERSHIP, I JUST WANT TO THANK YOU, I APPRECIATE YOUR WILLINGNESS TO MANY MONTHS AGO PUT ALL THE PUZZLE PIECES ON THE TABLE TO REALLY WORK COLLECTIVELY TO SEE HOW WE COULD PUT A DEAL TOGETHER AND A PROPOSED FRAMEWORK THAT MADE SENSE FOR THIS COMMUNITY.

I THINK WE STRUCK THE RIGHT BALANCE IN TERMS OF WHAT WE WERE ABLE TO ACHIEVE, BUT I REALLY APPRECIATE THE FACT YOU ALL WERE WILLING TO DO THAT, TO RESET THE CONVERSATIONS TO PUT THE WORK IN TO GET TO I THINK A STRONG DEAL AND A STRONG PROJECT. SO WITH THAT, MAYOR, I WILL STOP TALKING AND TURN THE

MIC BACK OVER TO YOU. THANK YOU. >> MAYOR NIRENBERG: THANK YOU VERY MUCH FOR THE PRESENTATION, BEN, AND TO RANDY, HOPE AND BRUCE.

WE'LL GET INTO PUBLIC COMMENT, THEN WE'LL GET INTO OUR CITY COUNCIL DISCUSSION.

WE'VE GOT SEVERAL FOLKS SIGNED UP TO SPEAK. I'LL CALL THE FIRST NAME AND THE NEXT NAME IF YOU CAN BE READY TO COME UP AND IF YOU COULD LIMIT AUDIENCE REACTION. BRET FINLEY FOLLOWED BY LISA CAMPOS.

>> GOOD AFTERNOON, MAYOR, MEMBERS OF THE SAN ANTONIO CITY COUNCIL, BRET FINLEY, CEO OF THE SAN ANTONIO CHAMBER OF COMMERCE. JOINED BY OUR CHAIR-ELECT MR. ROB KILLIAN ALONG WITH PAUL TO SPEAK OUT ON BEHALF OF OUR ORGANIZATION.

THIS IS OBVIOUSLY THE FIRST PUBLIC COMMENT PORTION FOR THIS PROPOSAL AND WE FELT IT WAS PRUDENT TO SPEAK OUT IN FULL SUPPORT FOR THE ADOPTION TO MOVE THIS MISSIONS BALLPARK DOWNTOWN DEVELOPMENT FORWARD FOR A VARIETY OF REASONS.

WE'LL TAKE A STEP BACK AND TALK ABOUT ALL OF THE DEVELOPMENT FROM AN ECONOMIC PERSPECTIVE. WE HAVE A UTSA FOOTBALL GAME THAT'S FIXING TO START UP.

WE HAVE A MEN'S FINAL FOUR THAT'S OCCURRING IN MARCH. WE'VE GOT A POTENTIAL MASSIVE ENTERTAINMENT DISTRICT ON THE PRECIPICE WITH THOSE PROJECTS, HEMISFAIR PARK, ALL THOSE THINGS ARE HAPPENING DOWNTOWN BUT IN ONE PORTION OF DOWNTOWN. WHAT THIS NEW BALLPARK DEVELOPMENT IN THE NORTHWEST QUADRANT WOULD CREATE IS AN AREA BLIGHTED FOR SEVERAL YEARS, BUT IT WILL PUMP NEW ENERGY, NEW LIFE, GREEN SPACES, ENTERTAINMENT DISTRICT DEVELOPMENT, PROBABLY THE FACT THAT Y'ALL CARE ABOUT THE MOST FROM A CONSTITUENT STANDPOINT WHAT YOU'VE ALREADY HEARD TODAY, BUT NOT TO BEAT A DEAD HORSE IS NO NEW TAXES.

THE WAY THAT I THINK THIS VERY THOUGHTFUL PLAN HAS BEEN CRAFTED, IT WILL NOT IMPACT THE GENERAL FUND FUND. THERE ARE COUNTY TAX INCREMENTS -- I'M THE LAST PERSON TO GET UP HERE AND TALK ABOUT TIRZ, I CANNOT PROBABLY SPELL THE WORD OUT. THIS IS TRULY A DEVELOPMENT THAT WILL PAY FOR ITSELF AND IT'S TO GIVE BACK TO THE COMMUNITY FOR THE GREATER GOOD TO MAKE SURE THAT GENERATIONS OF OUR FAMILIES CAN BE PROUD OF OUR MINOR LEAGUE BASEBALL STADIUM, OF A TEAM -- WE'VE GOT AN OWNERSHIP TEAM HERE OF 30 FOLKS WHO ARE DEDICATED,

[00:40:02]

AND THAT PUTS I THINK THE BUSINESS COMMUNITY AT EASE KNOWING THAT THEY ARE WILLING REGARDLESS OF HOWEVER MUCH OVER BUDGET, HOPEFULLY NOT, BUT IN CONTRIBUTION COSTS THEY ARE GOING TO BEAR THE BRUNT OF THAT AND MAKE SURE THIS PROJECT IS SUCCESSFUL FOR MANY GENERATIONS TO COME O A PERSONAL NOTE AS AN AVID BASEBALL FAN, BEEN GOING TO MISSION GAMES AT WOLFF STADIUM AND IT'S A COOL THING TO THING TEN YEARS FROM NOW WHEN THIS STADIUM HAS BEEN BUILT OUT AND YOU ARE OVERLOOKING AT 7:00, MUCH COOLER CONDITIONS, A HAVE A HOT DOG IN HAND AND SEE THE CITY SKYLINE IN THE BACKDROP AND YOU'VE GOT THAT TO OUR FAMILIES AND TOURISTS. WE'RE GRATEFUL FOR THE OPPORTUNITY TO SPEAK TODAY.

THANK YOU ALL FOR Y'ALL'S WILLINGNESS TO HELP POTENTIALLY GREEN LIGHT THIS PROJECT AND WE LOOK FORWARD TO A SUCCESSFUL NEXT DECADE HERE IN DOWNTOWN.

THANK YOU. >> MAYOR NIRENBERG: THANK YOU, MR. FINLEY.

LISA CAMPOS. YOU WILL BE FOLLOWED BY KATHY MEYER.

>> GOOD AFTERNOON, THANK YOU, MAYOR, THANK YOU CITY COUNCIL FOR HAVING ME.

AS THE DIRECTOR OF ATHLETICS VICE PRESIDENT FOR COLLEGIATE ATHLETICS AT UTSA, I'M REALLY HAPPY TO BE HERE TODAY AND REALLY EXCITED ABOUT THIS PROPOSED BALLPARK PROJECT IN DOWNTOWN SAN ANTONIO. UTSA HAS MADE A BOLD COMMITMENT TO THE FUTURE OF DOWNTOWN AND THIS IS OBVIOUSLY TRUE WITH SPORTS AS WE KNOW OUR GREAT ROAD RUNNERS INCLUDING THIS SATURDAY KICKING OFF THE FOOTBALL GAME WHAT WE CALL THE ALAMODOME HOME AND EXCITED TO BE PARTNERS WITH THE CITY AND PLAY THOSE GAMES DOWNTOWN. THE MISSIONS TEAM HAS BEEN CONSISTENT TO MAKE SURE OUR ROAD RUNNERS WHO WAS RANKED NATIONALLY IN THE TOP 25 THAT WE WOULD BE ABLE TO HOST SELECT MARQUEE GAMES, CONFERENCE TOURNAMENTS AND AS IMPORTANTLY TO HOST NCAA REGIONALS IN THE FACILITY. OBVIOUSLY WE WOULD BE VERY EXCITED ABOUT THIS AND WELCOME THAT. ON THE PROPOSED BALLPARK PROJECT, OBVIOUSLY CAN BE A HUGE PARTHU OF OUR STUDENT ATHLETE EXPERIENCE.

IT IS ALSO TRUE THAT WITH A MUCH BROADER INVESTMENT STRATEGY THAT CONNECTS OUR LONG-TERM UTSA DOWNTOWN CAMPUS TO THE CENTRAL BUSINESS DISTRICT, A NEW BALLPARK PROJECT CREATES ECONOMIC PROS PARITY AND URBAN REVITALIZATION.

AS WE GROW OUR UTSA PRESENCE DOWNTOWN, IT IS CRITICAL THAT OUR DOWNTOWN PROVIDES VIBRANT AND ATTRACTIVE HOUSING AND ENTERTAINMENT CENTERS WHICH THIS PROJECT DOES BOTH. THANK YOU FOR ALLOWING ME TO SPEAK TODAY AND I WANT TO EXPRESS HOW THIS WOULD BE SO GREAT FOR OUR CURRENT AND FUTURE STUDENT ATHLETES.

THANK YOU. >> MAYOR NIRENBERG: THANK YOU, DR. CAMPOS.

KATHY MEYER. YOU WILL BE FOLLOWED BY HEATHER VASEK.

>> GOOD AFTERNOON, COUNCIL, MAY HAVE BEEN SAN ANTONIAN, DOWNTOWN RESIDENT SINCE 2004. I MOVED HERE IN 2004 FROM WASHINGTON, D.C., MOVED BACK HOME, AND I MOVED DOWNTOWN INTENTIONALLY BECAUSE I WANTED TO LIVE IN AN URBAN ENVIRONMENT. OUR DOWNTOWN SAN ANTONIO IS DARK, DESERTED AND LACKING FOR THINGS TO DO. OVER THE PAST 20 YEARS, I'M EXCITED TO WATCH OUR DOWNTOWN GROW. WE HAVE OUR ARTS WITH THE MAJESTIC, THE EMPIRE, THE AZTEC, THE TOBIN. WE HAVE NOW HEMISFAIR PARK WHICH IS VIBRANT AND ENERGIZED, BUT ON THE WEST SIDE OF OUR CITY ALL WE HAVE IS EL MERCADO.

WE ALSO HAVE UTSA DEVELOPING AND THE IDEA OF A BASEBALL FACILITY THAT WOULD ACCOMMODATE NOT ONLY BASEBALL BUT EVENTS FOR THE CITY IS VERY EXCITING.

SO THIS PLACEMAKING OF AN ECONOMIC ANCHOR ON THE NORTHWEST SIDE OF SAN ANTONIO -- EXCUSE ME -- IS SOMETHING THE RESIDENTS OF DOWNTOWN, MY NEIGHBORHOOD ARE VERY EXCITED TO SEE, ESPECIALLY GIVEN THE FINANCING THAT HAS BEEN PROPOSED AND THE IDEA THAT WE'RE NOT DISPLACING PEOPLE FROM THEIR HOMES, WE WILL FIND A PLACE FOR THEM TO LIVE AND WE WILL ALL HAVE A PLACE TO ENJOY EVENTS IN OUR

NEW BASEBALL STADIUM. THANK YOU VERY MUCH. >> MAYOR NIRENBERG: THANK YOU, MS. MEYER. HEATHER VASEK. YOU WILL BE FOLLOWED BY PETE

PEÑA. >> GOOD AFTERNOON, MAYOR AND CITY COUNCIL.

SAN ANTONIO SPORTS. SAN ANTONIO SPORTS AND THE SAN ANTONIO LOCAL ORGANIZING COMMITTEE COMPLIMENT THE OWNERS OF THE MISSIONS AND THE CITY OF SAN ANTONIO FOR WORKING TOGETHER TO BUILD THIS MINOR LEAGUE BASEBALL STADIUM DOWNTOWN.

THE COMMISSION DID A STUDY 18 MONTHS OF FIVE RECENTLY COMPLETED MINOR LEAGUE

[00:45:03]

IN ADDITION, THESE CITIES SAW QUALITY OF LIFE ENHANCEMENTS FROM HAVING MORE PEOPLE LIVE DOWNTOWN AFTER THE STADIUMS OPENED. INVESTMENT IN FACILITIES LIKE THESE ARE NEEDED TO CONTINUE TO ATTRACT WORLD-CLASS EVENTS TO THE CITY OF SAN ANTONIO THAT WE HELP BRING AND FULFILL FACILITY NEEDS IN OUR CITY.

THANK YOU TO THE CITY STAFF INCLUDING ERIK WALSH, BEN GORZELL AND LORI HOUSTON FOR STRUCTURING THIS SO THERE IS MINIMAL IMPACTS TO THE TAXPAYER AND THE MISSIONS.

THEY TRULY HAVE OUR BEST INTERESTS AT HEART AND LOOK FORWARD TO THIS NEW STADIUM

BEING BUILT. THANK YOU. >> MAYOR NIRENBERG: THANK YOU. PETE PEÑA. YOU WILL BE FOLLOWED BY LUIS

ALVARADO. >> GOOD AFTERNOON, MAYOR AND CITY COUNCIL.

MY NAME IS PETE PEÑA. I'M A RESIDENT OF FIVE POINTS NEIGHBORHOOD, WHICH IS THE FIRST NEIGHBORHOOD NORTH OF DOWNTOWN. AND WE'RE GLAD THAT WE'RE GOING TO HAVE A BASEBALL FIELD KIND OF ON OUR FRONT DOOR.

AND I JUST COME TO SPEAK IN FAVOR OF THAT, HOW WE'RE EXCITED.

RESIDENTS ARE EXCITED AND WANTED TO JUST SAY I'M AVAILABLE IF THEY EVER NEED COMMUNITY INVOLVEMENT FROM OUR NEIGHBORHOOD BECAUSE WE WILL BE IMPACTED WITH THE TRAFFIC AND WALKING TO THE STADIUM. I INTENDED TO GO TO AS MANY

GAMES AS I CAN. THANK YOU. >> MAYOR NIRENBERG: THANK YOU. LUIS ALVARADO, FOLLOWED BY SONIA RODRIGUEZ.

>> GOOD EVENING. I MOVED INTO THE SOAP FACTOR APARTMENTS IN NOVEMBER 2023 BECAUSE I WAS HOMELESS BEFORE THAT. AND WHILE A BALLPARK SOUNDS LIKE A NICE THING FOR ME AS A PERSON OF THAT COMMUNITY, IT DOESN'T FEEL LIKE IT'S SOMETHING THAT'S CARED FOR THE COMMUNITY. WHY WOULD YOU BE CARING FOR THE COMMUNITY WHEN YOU WOULD BE KICKING THE COMMUNITY OUT.

THERE'S ALL THESE THINGS SAYING THEY ARE GOING TO HELP PEOPLE WITH LIVING IN A NEW PLACE. I KNOW I DON'T WANT TO MOVE AND REALISTICALLY 60% OF THE PEOPLE LIVING IN THAT APARTMENT WON'T WANT TO MOVE EITHER OR WON'T BE ABLE TO MOVE BECAUSE THAT'S THE ONLY PLACE THEY WILL BE ACCEPTED. THAT'S THE ONLY PLACE I WAS ACCEPTED BECAUSE JUST MY CAREER AND [INAUDIBLE] WORKING.

I VERY MUCH WOULD ASK PEOPLE TO CONSIDER THE PEOPLE AT RISK, THE PEOPLE LIVING THERE, THE PEOPLE THAT YES, THEY SAY THEY WILL GET HELP, BUT REALISTICALLY THEY WON'T GO WORKING FOR IT BECAUSE THEY ARE SPANISH SPEAKERS AND THEY WON'T UNDERSTAND HOW TO GET THE HELP AND FIGHT FOR THE HELP. REALISTICALLY, 30, 40, 50% OF THE PEOPLE THERE WILL END UP HOMELESS AND I WILL BE ONE OF THEM.

I WOULD END UP IN THE STREET AGAIN. I BELIEVE THAT WOULD BE ALL.

THANK YOU. [APPLAUSE] >> MAYOR NIRENBERG: THANK YOU, MR. ALVARADO. SONIA RODRIGUEZ, FOLLOWED BY JAMES EMERSON.

Y'ALL ARE COMING UP AS A GROUP? SHARING TIME?

>> SHARING. >> MAYOR NIRENBERG: Y'ALL ARE SHARING TIME?

>> WE'RE ALL SIGNED UP. >> MAYOR NIRENBERG: OKAY.

>> MAYOR NIRENBERG: ARE SPEAKING INDIVIDUALLY OR AS A GROUP?

>> INDIVIDUALLY. >> MAYOR NIRENBERG: SO I'LL JUST CALL YOU IN ORDER, BUT IF YOU WANT TO GO, REVEREND, THEN YOU GO FIRST AND THEN SONIA, YOU WILL BE

NEXT. >> ABSOLUTELY. GOOD AFTERNOON, MAYOR AND COUNCIL. MY NAME IS JAMES EMERSON AND I'M SENIOR PASTOR AT ST. PAUL UNITED METHODIST CHILDREN -- CHURCH. TODAY STANDING ARE MEMBERS OF COPS/METRO. AS A MEMBER OF THE EAST SIDE OF SAN ANTONIO, I'M ALWAYS EXCITED ABOUT DEVELOPMENT. SPECIFICALLY ECONOMIC DEVELOPMENT.

THAT BENEFITS THE EAST SIDE. I AM A SPORTS FAN AND VERY INTERESTED IN THE VISION OF THE BASEBALL STADIUM FOR THE SAN ANTONIO MISSIONS. AS I STAND, I IMAGINE YES, EVEN REALIZE THAT THERE IS A GROUP WITH A WELL-DEVELOPED PLAN FOR ACTION.

AND TODAY WE ARE HERE TO INQUIRE AND EVEN ASK QUESTIONS OF YOU IN REGARDS

TO THIS DEVELOPMENT. >> GOOD AFTERNOON. MY NAME IS SONIA RODRIGUEZ,

[00:50:09]

THE COPS/METRO LEADERS ARE HERE TO SPEAK TO THE CITY'S RUSH TO BUILD A NEW STADIUM FOR THE SAN ANTONIO MISSIONS. THE MISSIONS HAVE BEEN AN IMPORTANT PART OF THE CITY SINCE 1968 AND APPRECIATE THAT, BUT WE SEE NO NEED TO SATISFY THE DESIGNATED OWNERS AND OTHER BIDDERS WHO WANT TO CHANGE THE DOWNTOWN OF SAN ANTONIO TO SUIT THEMSELVES WITHOUT TAKING INTO ACCOUNT WHAT THE PUBLIC THINKS ABOUT THE PROPOSAL. TO THAT END, WE WOULD LIKE TO RAISE A FEW QUESTIONS REGARDING THE CURRENT PROPOSAL. FIRST, WE BELIEVE THE CITY OF SAN ANTONIO -- THE PEOPLE OF SAN ANTONIO, RATHER, HAVE A RIGHT TO PARTICIPATE IN A PROCESS THAT IS OPEN, NOT JUST TO HEAR ABOUT A GONE DEAL THAT'S PRESENTED IN THE NEWSPAPER. WHY ALL THE SECRECY? WHAT DO YOU NOT WANT THE CITIZENS TO KNOW. WE DON'T BELIEVE FOR A SECOND THE TAXPAYERS OF THE CITY WILL NOT HAVE TO PAY FOR THE PROPOSED STADIUM. TIRZ DOLLARS ARE OUR TAX DOLLARS AND SHOULD BE DIRECTED TO COMMUNITIES THAT DESPERATELY NEED INVESTMENT.

MAYOR, YOU WERE ON TV THE OTHER DAY TALKING ABOUT THE IMPORTANCE OF INVESTING IN THE INFRASTRUCTURE OF THE WEST AND EAST SIDE AND WE AGREE WITH YOU.

I THINK IT'S DISINGENUOUS TO SAY OUR HANDFUL OF -- MANY OF WHOM MAY NOT LIVE IN SAN ANTONIO. THE PROMISE OF DOLLARS COMING TO THE CITY FROM POTENTIAL ECONOMIC DEVELOPMENT AROUND THE PROPOSED STADIUM TO US IS ANOTHER PIPE DREAM. THE CITY HAS A TERRIBLE TRACK RECORD WHEN IT COMES TO THAT. WE'RE STILL WAITING TO SEE THE BUSINESSES, THE STORES, THE RESTAURANTS AND THE DEVELOPMENTS THAT HAVE YET TO MATERIALIZE AROUND THE ALAMODOME, AROUND FROST BANK CENTER, AND NELSON WOLFF STADIUM. THE CITY SHOULD FOLLOW THE MODEL OF THE NEW SOCCER STADIUM, TOYOTA FIELD. THAT WAS INDEED BUILT WITHOUT OUR TAX DOLLARS.

SO WE'RE NOT LOOKING FOR EMPTY PROCESS. WHAT WE WANT -- PROMISES.

WHAT WE WANT TO DO IS FIGURE HOW BEST TO ACCOMMODATE THE NEW STADIUM WITH PUBLIC INFORMATION AND HEARINGS. THIS IS A SMALL HEARING. WHEN COPS/METRO HOLDS A HEARING, WE BRING 500 PEOPLE. THAT'S WHO SHOULD BE HERE.

[APPLAUSE] >> MAYOR NIRENBERG: THANK YOU, MS. RODRIGUEZ.

[INAUDIBLE]. >> GOOD EVENING. MY NAME IS RENEE ODON.

I'M WITH MACEDONIA BAPTIST CHURCH AND I'M A COPS/METRO LEADER.

WE ASK THE QUESTION WHO BENEFITS. BASED ON WHAT WE'VE HEARD AND WHAT WE'VE READ, THE DEVELOPER. THE RESIDENTS AT THE SOAP FACTORY WILL BE DISPLACED. ESSENTIALLY LEAVING THEM HOMELESS.

THE DEVELOPER PROMISES HOUSING NAVIGATION. WE ALL KNOW THAT AFFORDABLE HOUSING STOCK IS SCARCE. WHY AREN'T YOU FIGHTING FOR THEM? WHO BENEFITS? THE DEVELOPER. THEY PROMISE TO WAIVE THE APPLICATION FEE. AGAIN, THERE IS AN AFFORDABLE HOUSING CRISIS AND THIS PROJECT IS ADDING TO IT. THE RESIDENTS WON'T NEED THEIR APPLICATION FEE WAIVED. AND IF YOU THINK THAT REDUCED TICKET PRICES MAKES THEM WINNERS, YOU'RE WRONG. WE ASK WHO PAYS.

THE SOAP FACTORY RESIDENTS PAY. THANK YOU.

[APPLAUSE] >> MAYOR NIRENBERG: THANK YOU.

MIKE PHILLIPS. YOU WILL BE FOLLOWED BY ISAIAH BONTA.

>> MIKE PHILLIPS A LEADER WITH COPS/METRO. COPS/METRO FEELS THE CITY COUNCIL MUST REQUIRE THE FOLLOWING PUBLIC BENEFITS IN EXCHANGE FOR A PUBLIC TIRZ FUNDING. REQUIRE THE MISSION OWNERSHIP GROUP TO RELOCATE ALL SOAP FACTORY RESIDENTS TO EQUIVALENT AFFORDABLE HOUSING DOWNTOWN AND TO INCLUDE A $2,500 MOVING ALLOWANCE. REQUIRE ANY RENTAL HOUSING CREATED BY THE PUBLIC TIRZ FUNDING TO INCLUDE A PROVISION FOR AFFORDABLE HOUSING EQUIVALENT TO THE SOAP FACTOR APARTMENTS. REQUIRE ALL DEVELOPMENT AS A

[00:55:04]

REQUIRE FULL DISCLOSURE OF ALL DETAILS OF THE DEET AND PUT THE ISSUE TO A PUBLIC VOTE. WE ARE TIRED OF EMPTY PROMISES.

WE WANT TO SEE THE PUBLIC BENEFITS IN WRITING. >> MAYOR NIRENBERG: ISAIAH BONTA. OKAY. GRACI ELLA SANCHEZ, FOLLOWED

BY JAKE TUCKER. >> I'M HERE WITH ANA POLANCO WHO -- CAN YOU START IT AFTER I GET STARTED? ANA POLANCO IS HERE. OKAY.

SHAME ON YOU. SHAME ON YOU. THERE'S BEEN A LACK OF TRANSPARENCY IN RELATIONSHIP TO THIS AND AS SONIA MENTIONED THE ONLY TIME WE LEARNED ABOUT IT IS BECAUSE THE "EXPRESS NEWS" AND SA REPORT BOTHERED TO DO MORE RESEARCH AND LET US KNOW IF WE WERE ABLE TO READ THE PAPER.

MANY OF OUR COMMUNITY MEMBERS HAVEN'T READ IT. THIS PROJECT IS ALL ABOUT THE RICH GETTING RICHER AND THE POOR GETTING POORER. CAN I SAY THAT AGAIN, THE RICH MILLIONAIRES AND BILLIONAIRES GETTING RICHER WHILE THE POOR ARE GOING TO GET POORER. AND THEY WILL BE DISPLACED AND IT WON'T JUST AFFECT THE SOAP FACTORY APARTMENT DWELLERS, THAT WILL BE AFFECTING EVERYTHING CLOSE TO THE INNERCITY INCLUDING THE HISTORIC WEST SIDE COMMUNITY.

WE ALREADY FEEL IT. WE ALREADY SEEN THE CHANGES. PEOPLE HAVE BEEN TALKING ABOUT THIS PROJECT, BUT THEY HAVEN'T BEEN TALKING TO US AND WITH US.

HOW CAN YOU DEVELOP A COMMUNITY BENEFITS PLAN WITHOUT TALKING TO THE COMMUNITY? YOU NEED TO INCLUDE US. WHERE HAVE YOU ALL BEEN? YOU HAVEN'T BEEN TALKING TO US. RIGHT NOW YOU CAN GO TO THE MISSION GAMES AND THERE'S A $2 DAY, $2 TO GET IN, $2 FOR CONCESSION IF YOU KNOW HOW TO GO TO THE SECOND FLOOR, $5 FOR PARKING. RIGHT NOW PARKING DOWNTOWN IS NOTHING LESS THAN $20 AN HOUR. I COULDN'T EVEN PARK IN THE PARKING GARAGE THAT'S SET ASIDE FOR US. I HAD TO PARK AT FROST.

IT'S NOT COMING BACK TO YOU ALL, IT'S COSTING ME A LOT OF MONEY.

WITH THIS DEVELOPMENT IT WILL COST MORE. JUST $25 MEN FOR PARKING AT ANOTHER $25 FOR A TICKET TO GET IN, MULTIPLY THOSE 20, 40 -- 45, $50 TIMES YOUR SIX OR EIGHT KIDS THAT YOU USED TO PAY FOR AT THE OTHER PLACE, YOU ARE TALKING HUNDREDS OF DOLLARS. THIS IS NOT FOR OUR COMMUNITY.

TRAFFIC. I'M SORRY, I GET OFF ON EXIT 157A, THE EXIT THAT GOES NORTH TO SAN~PEDRO WHERE I HAVE MY OFFICES OR SOUTH TO FOX TECH.

IF I WANT TO COME DOWNTOWN TO COME TO THIS MEETING, TRAFFIC IS ALREADY BAD.

IT'S ONLY GOING TO GET WORSE. THERE'S NO OTHER EXIT ON THAT HIGHWAY. ARE WE GOING TO BUILD A NEW HIGHWAY TO HAVE ALL THIS TRAFFIC GO THROUGH? TIRZ, 100% OF THE HOUSTON STREET TIRZ AND POSSIBLY MANY FROM THE WESTSIDE TIRZ, THE POOREST TIRZ, IS NOW GOING TO BE ALLOCATED TO THIS PROJECT. WHAT ABOUT OTHER PROJECTS IN THE HOUSTON STREET TIRZ THAT NEED TO BE DEVELOPED? THE CATTLEMEN APARTMENTS, THE RICH BOOK BUILDING THAT WE'VE BEEN LOOKING AND THINKING ABOUT TO GETTING SOME TIRZ MONEY, IF IT'S ALL ALLOCATED TO THE BASEBALL TEAM, QUE PASA TO EVERYBODY ELSE.

WE NEED TO BE CLEAR ABOUT THE TIRZ FUND AND WE DO NOT NEED ANY OF THE WEST SIDE MONEY TO GOING TO THIS. THE MIDTOWN AND THE HOUSTON STREET TIRZ, THEY HAVE LOTS MORE MONEY THAN THE WEST SIDE TIRZ. SO BE CAREFUL.

I'M GLAD THAT COPS/METRO TALKED ABOUT MOVING COST OF $2,500.

I THINK THEY WERE MISSING A ZERO. LET'S TALK ABOUT $25,000 IF WE'RE GOING TO MOVE THE RESIDENTS OF SOAP WORKS. YOU ARE GOING TO MOVE THEM NOT IN THE INNERCITY, THEY ARE GOING TO HAVE TO NEED A CAR SO WE SHOULD INCLUDE THE PURCHASE OF A CAR BECAUSE THEY ARE NOT GOING TO BE ABLE TO MOVE AROUND AS

[01:00:05]

SO ADD THAT AND WE KNOW THAT $2,500 IS BS WHEN IT COMES TO MOVING AND WE DON'T EVEN KNOW WHAT THEY ARE SAYING THAT THEY ARE GOING TO OFFER.

AS OFTEN I I SONIA ALSO MENTIONED, ECONOMIC DEVELOPMENT IS IS ALWAYS ABOUT HOW ECONOMICALLY VIABLE AND HOW MANY GOING INTO THE POCKETS OF THE RICH, BUT ST. PAUL, 40 YEARS OF TRYING TO DEVELOP THAT, A FOOTBALL TEAM THAT NEVER MADE IT BUT WE STILL BUILT THE ALAMODOME AND PEOPLE VOTED AGAINST IT UNTIL THE SPURS WON AND THEN THEY BUILT IT FOR A FOOTBALL TEAM THAT NEVER CAME.

NOW WE'RE LOOKING FOR THE MINOR LEAGUE THAT BECOMES A MAJOR LEAGUE BASEBALL TEAM.

WHO KNOWS IF THAT'S GOING TO HAPPEN. I WAS IN SAN DIEGO THREE WEEKS AGO AND I WALKED UP AND DOWN THAT BASEBALL STADIUM.

NO TRAFFIC. NO GAME IN THE FIVE DAYS I WAS THERE.

NOBODY WAS DOWNTOWN. IT WAS EMPTY. SO LET'S LOOK AT COMPARABLE MAJOR LEAGUE BASEBALL TEAMS AND HOW SUCCESSFUL THEY ARE DOING BECAUSE THE ONE IN SAN DIEGO SEEMED LIKE IT WAS A DEAD, DEAD DOWNTOWN. SO I WANT TO JUST REPEAT, THE WORKING CLASS AND THE WORKING POOR, THIS DEAL IS ROTTEN.

IT'S SHAMEFUL. IT, AGAIN, LACKS TRANSPARENCY.

THE WE WILLIEST OF THIS CITY WILL GET WEALTHIER. MR. WEST BOUGHT ALL THAT LAND EXCEPT THE FOX TECH LAND. HE NEEDS SOMETHING TO HAPPEN THERE, BUT IT'S GOING TO BE IN HIS POCKETS THAT MONEY GOES TO.

OH, FINALLY, YEAH, THE $18, AGAIN, I'M CAUTIOUS ABOUT THAT BECAUSE THERE'S NO TRANSPARENCY THAT SAYS WHAT HAPPENS AFTER 2024. THE GRAND HYATT PROMISED PEOPLE A LIVING WAGE BUT ONLY FOR A YEAR. AFTER THAT THE UNION WORKERS AT UNITE HERE CAME AND TRIED TO TALK TO COUNCILMEMBERS AND THE MAYOR AT THAT TIME JULIAN CASTRO, NEVER A CHANGE IN THAT CONTRACT. SO THERE'S NO -- LET'S SPEND AS MUCH TIME AND MONEY AND EFFORT DOING ALL THE DETAILS THAT THEY DID WITH THE DEVELOPERS AND DO THAT WITH THE COMMUNITY BECAUSE THIS IS

>> MAYOR NIRENBERG: THANK YOU. >> JAKE TUCKER, RESIDENT OF DISTRICT 3. LARGELY WOULD LIKE TO ECHO BASICALLY ALL OF HER STATEMENTS. I WISH I HAD HER NOTES AND BASICALLY JUST REPEATED IT.

I DIDN'T PREPARE ANYTHING, HAVEN'T HAD A WHOLE LOT OF TIME TO LOOK THIS OVER.

YOU GIVE US A WEEK ON A PLAN THAT LOOKS LIKE IT'S BEEN DEVELOPED FOR YEARS AND FRANKLY A LOT OF THE LANGUAGE AND EXPLAINED TO THE PUBLIC MORE BROADLY. I THINK IT'S SOMETHING WE SHOULD TAKE A VOTE ON. STADIUM DEALS HAVE BEEN PUT TO PUBLIC VOTE HAVE CONSISTENTLY ACHIEVED MUCH BETTER RESULTS FOR THE PUBLIC IN TERMS OF FISCAL RESPONSIBILITY AND ALSO REFLECTING WHAT THE COMMUNITY WANTS AND NEEDS.

I SPENT A LOT OF TIME JUST WONDERING LIKE WHAT IS THIS STADIUM ABOUT.

I TELL YOU ONE THING, IT'S NOT ABOUT BASEBALL. ANYONE CLAIMING THEY WANT THIS BECAUSE THEY ARE A BASEBALL FAN, THIS IS BS. I PROBABLY WATCH MORE BASEBALL THAN ALL OF YOU ALL COMBINED. I USED TO BE A SUPER FREAK ABOUT BASEBALL. BEEN TO OVER A DOZEN MAJOR LEAGUE STADIUMS, I'VE WATCHED COLLEGE BASEBALL, LITTLE LEAGUE, I KNOW BASEBALL.

THE THING THAT IS NOT IMPORTANT IN BASEBALL IS THE QUALITY OF THE STADIUM.

IF I'M. >> BASEBALL FAN AND I WANT TO WATCH BASEBALL, I WANT TO WATCH BASEBALL AT A REASONABLE LEVEL. THERE WILL BE PROFESSIONAL TEAMS WANT TO PLAY HERE BECAUSE IN A CITY OF A MILLION PEOPLE, YOU ARE GOING TO HAVE A NUMBER OF BASEBALL FANS. IF YOU MAKE THAT AFFORDABLE AND MAKE THE EXPERIENCE POSITIVE FOR FAMILIES, MEANING AFFORDABLE, LIKE THAT'S THE BEST BASEBALL THERE IS. I PREFER GOING TO MINOR LEAGUE GAMES OVER MAJOR LEAGUE GAMES BECAUSE WHEN I GO TO MAJOR LEAGUE GAMES I GET PRICE GOUGED. MINOR LEAGUE GAMES I CAN SPEND FIVE DOLLARS TO GET

[01:05:05]

I WAS ACTUALLY LOOKING UP AN ARTICLE BECAUSE THIS IS WHAT IT'S ABOUT, ALMOST ALL STADIUM DEALS ARE ABOUT. THIS COMES FROM JOURNALIST RESOURCE.ORG, BASICALLY TO EDUCATE JOURNALISTS ON HOW TO COVER DIFFERENT MUNICIPAL ISSUES.

ONE OF THE QUOTES IN THERE, YOU MIGHT SEE A LITTLE RESURGE HE KNOWS IN THE AREA AROUND THE STADIUM, BUT IT COMES AT A COST IN THE OUTLYING AREA WHICH IS WHAT WE WOULD EXPECT. THIS IS JUST A TRANSFER OF WEALTH, THIS IS A TRANSFER OF WEALTH. JUST LIKE SHE MENTIONED, YOU GO TO DOWNTOWNS WHERE THEY HAVE DOWNTOWN STADIUMS, THEY ARE ALWAYS DEAD IN THAT SURROUNDING AREA IF THERE'S NOT A GAME GOING ON. EVERY TIME, YOU CAN SEE IT IN THE ALAMODOME, IT'S DEAD IF THERE IS NOT ANYTHING GOING ON. SAME IS TRUE FOR DOWNTOWN D

STADIUMS ACROSS THE COUNTRY. >> MAYOR NIRENBERG: THANK YOU.

[INAUDIBLE] FOLLOWED BY OLIVIA CRUZ. >> GOOD AFTERNOON, CITY COUNCILMEMBERS, MAYOR. I'M WITH THE COALITION FOR DIGNIFIED HOUSING.

WE WORK TO ORGANIZE WITH RESIDENTS TO ADVOCATE FOR DEEPLY AFFORDABLE HOUSING AND TO SUPPORT PUBLIC HOUSING IN OUR COMMUNITIES. OUR HISTORIC WESTSIDE COMMUNITY ESPECIALLY GIVEN THE MAJORITY OF RESIDENTS THERE EARN AT AVERAGE ABOUT 30% OF THE AREA MEDIAN INCOME. WE'RE CONCERNED ABOUT WHAT THE SOAP WORKS RESIDENTS WILL -- FAMILIES WILL HAVE TO SUFFER THROUGH THIS NOTICE OF DISPLACEMENT. WE -- WE ARE CURIOUS WHY THIS NEW -- WHY THE OWNERS OF THE MISSIONS AND WESTON URBAN GROUP WILL NOT WANT TO BUILD AFFORDABLE HOUSING IN THAT AREA SO WE'RE -- AND THEY ARE PRETTY, LIKE, EXPLICIT ABOUT IT BEING MARKET RATE, THEY ARE PRETTY SET ON WANTING TO GET THEIR MONEY BACK EVEN THOUGH THEY ARE GOING TO ASK FOR TIRZ MONEY. MORE BOND MONEY THAN THEY ARE PUTTING UP THEMSELVES TO DEVELOP IT. AND SO WE KNOW THAT AS LANDOWNERS AND THEY HAVE I GUESS A RIGHT TO DEVELOP ON THEIR OWN LAND, BUT THEY ARE USING BOND MONIES. AND IF THEY ARE USING BOND MONIES, WE NEED TO GUARANTEE THAT THE PUBLIC BENEFITS FROM WHATEVER DEAL IS BEING MADE, AND A NEW BASEBALL TEAM OR BASEBALL STADIUM IS NOT GOING TO DO IT. I REMEMBER HEARING THE JUDGE TALK ABOUT HOW THE CITY DIDN'T WANT TO PUT IN THEIR PART OF THE INVESTMENT TO RENOVATE THE WOLFF STADIUM, AND THAT IS WHY THEY WERE THINKING TO RELOCATE.

AND I GUESS THEY GOT THE SUPPORT OF THE EDGEWOOD CITY COUNCILMEMBER THERE TO SUPPORT THAT RELOCATION. BUT I WANT TO REMIND THE CITY COUNCIL THAT IF Y'ALL ARE SERIOUS ABOUT MEETING YOUR GOALS FOR THE STRATEGIC HOUSING IMPLEMENTATION PLAN AND ALL OF THE NEW PUBLIC POLICIES THAT HAVE BEEN RECOMMENDED TO SUPPORT DEEPLY AFFORDABLE HOUSING FOR OUR COMMUNITIES, THAT WE CONSIDER MAYBE MAKING A TIRZ INVESTMENT IN THE SOUTHSIDE WHERE THE NELSON WOLFF STADIUM IS ALREADY IN PLACE AND MAYBE JUST NEEDS TO BE LIKE MODERNIZED IN ORDER TO MEET THE NEW STANDARDS FOR THE BASEBALL TEAM. THERE IS A REPORT ON THE NATIONAL LOW-INCOME HOUSING, THE GAP REPORT, THAT SAYS THAT THERE ARE MORE HOUSING OPTIONS AVAILABLE FOR HIGH-INCOME EARNERS. SO OUR LOWEST INCOME EARNERS ARE HEAVILY COST BURDENED

FOR HOUSING. >> MAYOR NIRENBERG: THANK YOU.

>> WE KNOW THE OPPORTUNITY HOUSING WAITING LIST IS IN THE HUNDREDS OF THOUSANDS.

PLEASE PREVENT THE DISPLACEMENT OF THE SOAP FACTORY RESIDENTS.

[01:10:04]

>> LIVE IN THE DOWNTOWN AREA. THEY ARE GOING TO MOVE ME TO A DIFFERENT PLACE FOR $200, 1,000, THE AGE OF THE CITY NEAR -- EDGE OF THE CITY NEAR LACKLAND AIR FORCE

BASE. >> THEY GOING TO MOVE US TO? I DON'T DRIVE. I TAKE THE BUS.

>> LACKLAND AIR FORCE BASE TO TAKE THE BUS TO MY JOB, I HAVE TO GET UP SINCE 4:00 IN

THE MORNING. >> THINK ABOUT THE ELDERS, THE OLDEST PEOPLE. WHAT ARE WE GOING TO DO?

>>

>> MAYOR NIRENBERG: THANK YOU, MS. CRUISE. MAUREEN GALINDO.

>> HELLO. I CAN'T BELIEVE WHAT I JUST WATCHED AND WITNESSED WHICH WAS A BILLIONAIRE AND HIS CRONIE WORKERS AND THEIR LOBBYISTS PUT OUT A WHOLE PRESENTATION FOR YOU GUYS ON WHAT TO DO WITH YOUR LAND. DOING YOUR WORK.

MR. WALSH, YOU HAD SAID HOW YOU GUYS SPENT A TREMENDOUS AMOUNT OF TIME PUTTING THAT TOGETHER, AND YOU KNOW ME INITIALLY, RIGHT, FROM SHOWING UP TO ALL THOSE PUBLIC MEETINGS ADVOCATING THAT SOAP WORKS AND TOWN CENTER TENANTS BE INCLUDED AS STAKEHOLDERS IN DISPLACEMENT MITIGATION POLICY.

HOW DID YOU NOT THINK ABOUT THE SOAP FACTORY TENANTS IN THAT ENTIRE PROCESS? HOW IS IT THE BEST WE COULD DO THAT THE BILLIONAIRE COULD DO AND HIS CRONIES WAS WE'RE AVAILABLE FOR QUESTIONS. HOW IS THAT? HOW IS IT THAT THE MAYOR'S HOUSING POLICY TASK FORCE BESIDES THE SUPPLY, SUPPLY WE UNDERSTAND, WAS WE WOULD MITIGATE DISPLACEMENT THROUGH DEMOCRATIC PRINCIPLES. INCLUDING PEOPLE WHO ARE BEING DISPLACED IN OUR PROCESSES, IN OUR POLICIES. HOW DID YOU LET THIS HAPPEN TO SOAP WORKS? RIGHT DOWN THE STREET, THIS WAS HUGE SIX MONTHS, SIX YEARS AGO.

I WANT TO TALK ABOUT TIRZ. BECAUSE I DO, I HAVE STUDIED TIRZ.

TAX INVESTMENT REINVESTMENT ZONES. ULTIMATELY WHAT HAPPENS WITH FIRS IS THAT IT MAKES THE WHOLE POINT OF TIRZ IS THAT THE LAND VALUE INCREASES AND THAT'S WHAT BRINGS IN THE PROPERTY VALUE. SO SIR, FROM FIVE POINTS WHEN THEY SAY IT'S GOING TO GO INTO TIRZ, THAT MEANS THAT YOU GUYS AT FIVE POINTS, ALL OF YOUR PROPERTY TAXES WILL SKYROCKET AND THAT'S THE REVENUE FOR THE CITY. THAT'S THE POINT. THAT'S WHAT IS MAKING SAN ANTONIO SO EXPENSIVE RIGHT NOW. WE DON'T HAVE -- WE DON'T HAVE THIS ABILITY TO OVERINFLATE THE LAND VALUE WITH ALL OF THIS DEVELOPMENT. IT HAS TO BE DONE SUSTAINABLY.

MY SOLUTION I GUESS IF THE SOAP WORKS OR SOAP FACTOR NOW -- I WAS A TENANT, FOR THOSE OF YOU WHO DON'T KNOW WHO I AM. IF IT HAS TO GET DEMOLISH, IT'S ONLY UNDER THE CONSIDERATION THAT GRAM WESTON HIMSELF SUB HAVE I DIESES AT LEAST 682 UNITS IN A LAND TRUST THAT STAY PERMANENTLY AFFORDABLE FOR THE WORKING CLASS OF CITY OF SAN ANTONIO. I WAS HERE LAST NIGHT AND I WOULD HOPE YOU COULD LET EVERYONE KNOW WHY SOAP WORKS IS SO IMPORTANT AND WHY IT NEEDS TO STAY.

OTHERWISE YOU JUST GET A PRESENTATION FROM A BILLIONAIRE TAKING OVER YOUR

CITY STAFF. >> MAYOR NIRENBERG: THANK YOU, MS. GOOD LINDA.

>> COUNCILMEMBER KAUR IF YOU WILL JOIN ME AT SOAP FACTOR. >> MAYOR NIRENBERG: SYLVIA CORONADO. YOU WILL BE FOLLOWED BY JESSICA GUERRERO.

[01:15:09]

>> TO ALL THE -- TO ALL THOSE THIS MAY CONCERN. I AM 20 YEARS OLD.

I STARTED LIVING AT THE SOAP FACTORY AROUND NOVEMBER 2023.

I HAVEN'T BEEN LIVING THERE FOR LONG. I WAS LIVING WITH MY FAMILY FOR LESS THAN A YEAR AND NOW I'VE LIVED AT THE SOAP FACTORY FOR LESS THAN A YEAR TOO. AND NOW I WILL HAVE TO MOVE AGAIN.

I READ AN ARTICLE THAT SAID SOME HELP WILL BE PROVIDED, BUT IT WON'T BE UNTIL AFTER I HAD TO MOVE AND MY APARTMENT BUILDING HAS ALREADY BEEN TORN DOWN.

WHEN MY NEW MANAGEMENT CAME TO SOAP FACTORY, ALL THE SERVICES GOT HIGHER.

NOW IT FEELS LIKE THEY'VE BEEN TRYING TO PUSH US OUT SINCE THE CHANGE.

LAUNDRY MACHINES COST TWO DOLLARS. LAWN MAINTENANCE AND TRASH PICKUP TIMES WERE CHANGED BUT WE RECEIVED NO NOTICE. WE ARE HAVING TO PICK UP BEFORE THE DECISION TO DEVELOP IS EVEN MADE BECAUSE WE DON'T HAVE ANYWHERE TO MOVE TO OTHER THAN THE STREETS. WE DON'T HAVE FAMILY TO DEPEND ON BECAUSE THEY HAVE THEIR OWN THINGS GOING ON OR THEY DON'T CONSIDER US FAMILY ANYMORE. WE'LL HAVE TO SELL MOST OF THE ITEMS THAT WE OBTAINED IN ORDER TO MAKE OUR HOME AT SOAP FACTOR, JUST TO TRY TO FIND SOMEWHERE ELSE TO GO.

WE'LL MOST LIKELY BE LIVING IN OUR CAR AGAIN. THIS TIME OUR CAR IS NOT WORKING AND CANNOT BE MOVED. I LOVE HOW THERE ARE SO MANY TREES AT SOAP FACTORY AND THAT PET -- AND THAT DOGS HAVE DESTINATION SPACE TO PLAY AND POOP.

AND THE POOL IS ALSO VERY NICE. SOAP FACTORY FOALS LIKE HOME BECAUSE NEIGHBORS MIND THEIR BUSINESS BUT ARE THERE TO NEED YOU IF NEED ANYTHING.

ONE TIME A NEIGHBOR OFFERED TO HELP US BARBECUE AT NIGHT.

WE WERE COMFORTED TO KNOW SOMEONE IS LOOKING OUT FOR US.

I HOPE THE DEVELOPERS UNDERSTAND THAT THESE LANDS THEY WANT FOR THEIR PROJECT HOLD PEOPLE'S HOMES. I WISH THEY WOULD CARE ABOUT US AND SHOW US.

I EXPECT CITY COUNCIL TO DO THE SAME. SINCERELY, SOAP FACTORY

TENANTS. >> MAYOR NIRENBERG: THANK YOU, MS. CORONADO.

JESSICA GUERRERO. FOLLOWED BY JACK FINGER. >> MY NAME IS JESSICA GUERRERO, DISTRICT 3. I MET CELIA OVER THE SUMMER, SHE PARTICIPATED IN A PROGRAM I WAS PART OF COORDINATING. SHE IS A WONDERFUL WOMAN WHO DOESN'T DESERVE TO THE NEGATIVE IMPACTS OF THE CITY AND COUNTY'S NEGLIGENCE.

THIS IS NEGLIGENCE BECAUSE IT IS KNOWN AND HAS BEEN KNOWN THAT SOAP FACTORY IS AN EXTREMELY RARE EXAMPLE OF AFFORDABLE HOUSING IN OUR SAN ANTONIO.

WHO HAS A LARGER COMMUNITY, HAS ALREADY BEEN SUFFERING THROUGH A PERSISTENT HOUSING CRISIS, ESPECIALLY SINCE THE LAST DISPLACEMENT THAT TOOK PLACE AT SOAP FACTORY AND SOAP WORKS APARTMENTS. JUST A FEW YEARS AGO. EARLIER THE PRESENTER STATED THAT FIRST IMPACTS OF THIS WILL BE LATE NEXT YEAR. I IMPLORE YOU TO ASK HIM TO DEFINE THOSE IMPACTS AND TO IDENTIFY WHO WILL BE IMPACTED AND HOW.

BECAUSE EVERYBODY LEARNS THE LINGO. EVERYBODY KNOWS THAT YOU WANT TO HEAR ABOUT IMPACTS AND THAT THEY ARE THINKING ABOUT THESE THINGS.

WHO ARE THEY WORRYING ABOUT? ARE THEY WORRYING ABOUT JUST YOU HEARING THE RIGHT WORDS OR ARE THEY SEEKING INFORMATION TO UNDERSTAND HOW TO ROLL OUT A PROCESS THAT WILL ACTUALLY TRULY BENEFIT SOMEONE BESIDES THEMSELVES? THEY OFFER HOUSING NAVIGATION FROM AN ORGANIZATION CALLED BUILDING BRIGHTER COMMUNITIES, AND THE NAME ITSELF OFFENDS ME. ORGANIZATIONS WAY TOO OFTEN ABOUT SUPPORTING OTHER COMMUNITIES WHO ARE ENDURING VERY REAL, VERY DIRECT, VERY NEGATIVE IMPACTS TALK ABOUT HOW THINGS WOULD BE BETTER, HOW THINGS COULD BE BETTER, HOW OUR COMMUNITIES COULD BE BETTER. AND I AM VERY PROUD OF MY COMMUNITY. I THINK MY COMMUNITY IS A BEAUTIFUL, VERY RICH ONE.

GETTING TO KNOW CELIA, I KNOW SOAP FACTORY IS A COMMUNITY THAT IS WORTH

[01:20:02]

IF YOU'VE ACHIEVED THAT, WHO ARE YOU REALLY LOOKING TO ACHIEVE THAT FOR WHEN YOU'VE BEEN PROMOTING THAT FOR YEARS AND YEARS. CURRENT SOAP FACTORY TENANTS WERE NOT INVITED TO TODAY'S MEETING SO HOW DOES THIS ALIGN WITH THEIR CLAIMS OF COMMUNICATION BEING PARAMOUNT. PRESENTERS SAID THEY ARE OPEN TO COMMUNITY INPUT ON THE DESIGN PROCESS. WHEN ARE WE GOING TO FINALLY LEARN OUR LESSONS FROM SO MANY YEARS OVER AND OVER THAT IT IS IMPORTANT NOT JUST TO INVITE COMMUNITIES IMPACTED TO THE FINAL STAGES, BUT TO ACTUALLY CREATE THE PROCESS FOR A FAIR AND EQUITABLE HOUSING SITUATION.

>> MAYOR NIRENBERG: THANK YOU, MS. GUERRERO. JACK FINGER.

YOU WILL BE FOLLOWED BY FAITH R. I THINK THAT'S FAITH RADLE.

>> MAYOR NIRENBERG AND OTHER MEMBERS OF OUR ILLUSTRIOUS SAN ANTONIO CITY COUNCIL.

FOR THE RECORD, MY NAME IS JACK M. FINGER AND I HAVE A PRESENTATION ABOUT THIS TAX INCREMENT FINANCING. IF THE PAPERWORK LOOKS A LITTLE UNPROFESSIONAL, WELL, YOU GET WHAT YOU PAY FOR. THERE YOU GO, MR. MR. AUDIOVISUAL MAN.

YOU'VE HEARD THE PROS ABOUT TAX INCREMENT FINANCING. HERE ARE THE CONS.

LET'S SEE, FURTHER DOWN IT SAYS TIF FINANCING SOMETIMES LACKS TRANSPARENCY WHICH CAN GENERATE PUBLIC SUSPICION THAT THE TIF DISTRICT PROGRAM IS UNDESIRABLE OR NOT BEING OPERATED LEGITIMATELY OR LEGALLY. NEXT PAGE.

TIFS ARE SOMETIMES USED BY SLUSH FUNDS BY POLITICIANS IN VIOLATION OF THE TIF AGREEMENT. OTHER EXAMPLES INCLUDE EXPENSIVE SPORTS STADIUMS AND ENTERTAINMENT COMPLEXES. HMMM. NEXT POINT, TIFS MAY UPGRADE A NEIGHBORHOOD TO SUCH AN EXTENT THEY ARE UNAFFORDABLE PRODUCTS THAT WOULD HAVE BEEN BUILT ANYWAY. VIOLATING THE AFOREMENTIONED BUT FOR PRINCIPLE.

NEXT POINT, TIFS ARE NOT ALWAYS SUCCESSFUL, THEY MAY SIMPLY UNDER PERFORM.

UH-HUH. YEAH, THERE WE GO. LET'S SEE.

PROBLEMATIC ISSUES INCLUDING [INAUDIBLE], WHICH OCCURS WHETHER FUNDS ARE TRANSFERRED TO AN ADJOINING TIF IN ANOTHER NEIGHBORHOOD. CAN YOU SAY HOUSTON STREET? THES BEEN THE TERM URBAN BLIGHT IS USED TOO LOOSELY AND THE ENORMOUS -- EXCUSE ME, GET MY EYES GOING HERE. AND THE ENORMOUS TIF REPRESENTS PARALLEL BUDGET, IE POLITICAL PIGGYBACKS, SECRET BUDGETS. THIS IS WHY THE NAVY PIER IDEA WAS SO DISTURBING. IT SIGNIFIED EVERYTHING PEOPLE FOUND TROUBLING.

NOW, RETURN THE CAMERA TO THE PODIUM. SO YES, YOU'VE HEARD A NUMBER OF ARGUMENTS AGAINST THIS THING. ONE BIG ARGUMENT IS ABOUT WOLFF STADIUM. WHAT HAPPENED TO WOLFF STADIUM? WHO DIDN'T KEEP IT UP, UPGRADE IT. WHY ARE YOU HAVING TO MOVE AWAY FROM WOLFF STADIUM? AND WHEN I THINK OF A TIF, I THINK OF TAX DOLLARS GOING TO IMPROVEMENTS, BUT THAT THE CITIZENS WILL EVENTUALLY BENEFIT FROM IT, NOT TO HAVE

THEM PAY FEES FOR. THANK YOU. >> MAYOR NIRENBERG: THANK YOU, MR. FINGER. FAITH RADLE. OKAY, TRISH DEBERRY.

>> GOOD AFTERNOON, MAYOR, MEMBERS OF THE CITY COUNCIL. I COME BEFORE YOU TODAY AS PRESIDENT AND CEO OF CENTRO SAN ANTONIO, BUT I'M ALSO HERE FROM A PERSONAL STANDPOINT. A NATIVE SAN ANTONIAN BORN AND RAISED HERE, YOUNGEST OF SIX CHILDREN, DAUGHTER OF AN AIR FORCE VETERAN AND MOTHER THAT WORKED AT FORT SAM

[01:25:05]

BECAUSE IT KEPT US OUT OF TROUBLE. AND IT ALSO MEANT SACRIFICE.

ON A PERSONAL NOTE, I SACRIFICED GOING TO MY BROTHER'S WEDDING WHO IS 11 YEARS OLDER AND WE SHARE THE SAME BIRTHDAY BECAUSE WE HAD A REGIONAL PLAYOFF GAME.

THE COACH CALLED, SAID WE NEED TRISH TO PLAY SO I WAS THERE.

I HIT THE RBI AND I MADE IT TO MY BROTHER'S WEDDING RECEPTION SO WE HAD LOTS OF REASONS TO CELEBRATE. I BELIEVE THAT IS CERTAINLY THE CASE REGARDING THE OPPORTUNITY THAT WE HAVE BEFORE US TODAY. AS A COMMUNITY, AND WE KNOW THIS, THAT SO STRUGGLES WITH GENERATIONAL POVERTY, A PROPOSED SPORTS STADIUM IN DOWNTOWN IS NOT JUST A SPORTS ASSET BUT A COMMUNITY ASSET AND IS AFFORDABLE FOR ALL LEVELS OF INCOME TO BE ABLE TO GO TO THE GAME. NOW, AS THE CEO OF CENTRO SAN ANTONIO, FROM A PROFESSIONAL STANDPOINT, I ALSO TRULY BELIEVE THAT A MINOR LEAGUE BASEBALL STADIUM IS A GAME CHANGER, YES, PUN INTENDED, FOR DOWNTOWN. IT WILL UNDERSCORE ENHANCED INVESTMENTS LIKE SAN~PEDRO CREEK. IT WILL NOW BE ABLE TO FROM A DEN TIRZ FUNDING STANDPOINT AND PEOPLE TO BE -- DENSITY FUNDING STANDPOINT.

WE SEE DEVELOPMENT AND PROSPERITY TO IS SOUTH WITH HEMISFAIR PARK, WE LOOK AT RIVER NORTH, LOOK TO THE EAST AND SEE ST. PAUL SQUARE AND VELOCITY TEXAS AND TRTF.

WHAT WE DON'T SEE IS NECESSARILY PROGRESS ON THE WEST SIDE OF DOWNTOWN.

I THINK THIS MINOR LEAGUE BASEBALL STADIUM HELPS TO DELIVER THAT.

IN A PLACE THAT DESPERATELY NEEDS PROSPERITY AND ECONOMIC DEVELOPMENT.

IF WE ARE ABLE TO DEVELOP A MINOR LEAGUE BASEBALL STADIUM THAT IS AFFORDABLE TO ALL INCOME TYPES, I DO BELIEVE WITH A BILLION DOLLARS WORTH OF INVESTMENT THAT HAS BEEN OFFERED TO THE NEAR WEST SIDE OF DOWNTOWN, WE CAN ACHIEVE WHAT WE'VE ALWAYS WANTED TO ACHIEVE AND WHAT THE SETTLERS AND PIONEERS REGARDING THE UNITED STATES OF AMERICA SAID, GO WEST YOUNG MEN OR YOUNG WOMEN, GO WEST BECAUSE THAT IS THE OPPORTUNITY. IN CLOSING, I WILL TELL YOU THIS.

THIS COUNCIL SITS ON THE PRECIPICE OF A LEGACY DECISION.

YOU HAVE AN OPPORTUNITY NOT ONLY TO SWING FOR THE FENCE BUT GO FOR THE YARD.

>> MAYOR NIRENBERG: THANK YOU. >> CENTRO STANDS SOLIDLY

BEHIND YOU AS I BELIEVE PROSPERITY. >> MAYOR NIRENBERG: THAT IS EVERYONE WHO SIGNED UP TO SPEAK TODAY. LET ME THANK EVERYONE WHO HAS COME OUT AND SHARED THEIR THOUGHTS. ABOUT THIS PROPOSAL.

LET ME TELL YOU WHY I'M STRONGLY IN SUPPORT OF THE PROPOSAL.

AND SO FIRST, ERIK, ONE PICTURE THAT WASN'T SHOWN, I WOULD LIKE TO SHOW ABOUT THE PARTICULAR PROPERTY THIS BALLPARK WOULD SIT ON. THAT'S WHERE THE BALLPARK WILL GO. SO THE IDEA THAT SOMEHOW IMPROVING THESE PROPERTIES IS A BAD THING I TAKE ISSUE WITH. WE DO NEED IMPROVEMENTS, WE NEED PUBLIC AMENITIES, WE NEED OPPORTUNITIES FOR PEOPLE TO ENGAGE WITH THEIR DOWNTOWN. THE QUESTION IS HOW DO WE DO THAT.

ABOUT EIGHT OR TEN YEARS AGO THIS WAS A FAR DIFFERENT CONVERSATION.

I WANT TO THANK BEN AND THE TEAM AS WELL AS DESIGNATED BIDDERS FOR ENGAGING IN A CONVERSATION, A VERY WHOLE HOLISTIC COVERING ABOUT HOW WE CAN GET A FRAMEWORK OF A DEAL BUT ACHIEVE THESE ENDS WITH MINIMAL IMPACTS TO RESIDENTS AROUND.

LET ME TALK ABOUT THE FINANCES FOR A MINUTE. BEN, IF YOU COULD COME FORWARD AND TALK ABOUT HOW THIS PROJECT WILL BE PAID. JUST STRICTLY FROM A FINANCIAL BASIS AND HOW WE WOULD LOOK AT IT AS SAN ANTONIO TAXPAYERS.

>> GORZELL: MAYOR, THE $160 MILLION ESTIMATED COST FOR THE BALLPARK WILL BE FUNDED WITH A $34 MILLION EQUITY CONTRIBUTION FOR THE TEAM -- FROM THE TEAM, AS

[01:30:02]

PHASES 3 AND 4 DON'T GET DEVELOPED AND BUILT. >> MAYOR NIRENBERG: HOW

ARE THOSE BONDS PAID BACK? >> GORZELL: PAID BACK FROM THE MILLION DOLLARS LEASE PAYMENT FOR LEASE OF THE BALLPARK, A TWO DOLLAR FEE AND CITY AND COUNTY PROPERTY TAXES THAT ARE GENERATED FROM THIS NEW PRIVATE DEVELOPMENT.

ALONG WITH THAT MUNICIPAL MANAGEMENT DISTRICT ASSESSMENT.

>> MAYOR NIRENBERG: REWINDING A FEW YEARS AGO, WE HAD OUT OF TOWN MANAGEMENT COMPANY THAT OWNED THE SAN ANTONIO MISSIONS.

THAT LICENSE WAS ACQUIRED BY A GROUP OF SAN ANTONIO BUSINESS LEADERS, COMMUNITY LEADERS TO RECOGNIZE THE FACT THAT WE WANTED, WE HAD SAID THAT IT WOULD BE A FAR BETTER SITUATION IF THERE WERE LOCAL PEOPLE OWNING THE TEAM.

THEY HAVE ACQUIRED THAT PROPERTY, MOST OF IT ALONG WITH THE SURROUNDING AREAS OF DEVELOPMENT. AND IF AND WHEN THAT PROPERTY IS DEVELOPED WITH THINGS THAT WOULD OBVIOUSLY IMPROVE THE DOWNTOWN COMMUNITY AND THOSE TRACTS OF LAND, IF AND WHEN THAT HAPPENS, THE BALLPARK WILL BE FINANCED.

AM IRRELEVANT GETTING THAT -- AM I GETTING THAT RIGHT?

>> GORZELL: THAT'S CORRECT. >> MAYOR NIRENBERG: WE HAVE SCHEDULED ALSO A BACK STOP TO THOSE REPAYMENTS. IF FOR SOME REASON THE DEVELOPMENT DOES NOT OCCUR AND THE REVENUES AREN'T ACCRUED BY THE TIRZ, WHO IS

GOING TO PAY? >> GORZELL: SO MAYOR, IF I CAN BACK UP BECAUSE THERE'S TWO PIECES TO YOUR QUESTION. ONE IS WHEN WE TALK ABOUT THE FOUR PHASES OF PRIVATE DEVELOPMENT, AND MAYBE YOU CAN POP UP SLIDE 2 FOR ME REAL QUICK.

ONE MORE. SO THESE ARE THE FOUR PHASES OF PRIVATE DEVELOPMENT.

AND THE FIRST TWO PHASES ARE REALLY WHAT WE'RE RELYING ON FOR THIS BOND ISSUANCE IN ORDER TO GET THE BALLPARK FUNDED. AND THE TWO THRESHOLDS THAT WE HAVE PUT IN PLACE ARE THAT FOR PHASE 1, THE DEVELOPER MUST HAVE THE FINANCING, THE ABILITY WITH A NOTICE TO PROCEED TO ISSUE TO GO INTO CONSTRUCTION AT THE SAME TIME WE WOULD FINANCE THE BALLPARK. FOR PHASE 2, HE'S GOT TO HAVE ALREADY STARTED DESIGN. IF THOSE THINGS DON'T HAPPEN, WE DON'T MOVE FORWARD WITH THE BOND FINANCING. THERE IS NO FINANCING FOR THE BALLPARK. SO WE HAVE TIED THOSE FIRST TWO PHASES OF PRIVATE DEVELOPMENT TO FUNDING THIS BALLPARK, THOSE CONDITIONS WERE THERE BEFORE WE EVER ISSUE BONDS. EVEN AFTER WE ISSUE THE BONDS, WE'VE HAD THE TEAM GUARANTEE THE PROJECTED REVENUES FROM THOSE TWO PHASES OF DEVELOPMENT.

THEY BUILD IT, THEY DON'T BUILD IT, IT COMES ON THE TAX ROLL LESS THAN WE ANTICIPATE, THEY HAVE TO MAKE THAT DIFFERENCE UP. AND THAT GUARANTEE IN PLACE ALONG WITH A LINE OF CREDIT TO SUPPORT THAT GUARANTEE. ALL OF THAT COLLECTIVELY, MAYOR, WHEN YOU LOOK AT THOSE TWO PHASES OF DEVELOPMENT, THE $34 MILLION IN EQUITY, THE TEAM REVENUES COVERS ABOUT 86% OF THE BALLPARK.

THE OTHER 14% FOR VERY CONSERVATIVE BOND FINANCING PURPOSES WE HAVE ASSUMED WOULD COME OUT OF THE HOUSTON STREET TIRZ ARE SHARED EQUALLY BETWEEN US AND THE COUNTY. THAT ASSUMPTION IS THAT PHASES 3 AND 4 DON'T GET BUILD OR DON'T EXCEED OUR PROJECTIONS. IF EITHER OF THOSE HAPPENS,

THE HOUSTON STREET TIRZ GOES AWAY. >> MAYOR NIRENBERG: WHO IS

FUNDING THAT LINE OF CREDIT? >> GORZELL: THE TEAM. THE TEAM OWNERSHIP AS A WHOLE HAS THE FIRST LINE OF CREDIT WHICH IS A TWO-YEAR ROLLING LINE OF CREDIT.

THERE IS A SUBSET OF TEAM OWNERS THAT ARE ALSO GIVEN AN ADDITIONAL LINE OF

CREDIT. >> MAYOR NIRENBERG: SO IF THE BONDS CAN'T BE REPAID BY THE TAXABLE VALUE THEY ARE DEVELOPING, THEY WILL BE PAYING PERSONALLY TO ENSURE

THAT THAT BOND GETS PAID. >> GORZELL: THAT TEAM OWNERSHIP WILL HAVE TO MAKE

UP THAT DIFFERENCE. >> MAYOR NIRENBERG: OKAY. SO THE QUESTION WAS

[01:35:01]

THIS IS STRUCTURED IN A WAY THAT WILL NOT HAPPEN BECAUSE THERE'S TWO BACKSTOPS AND THE BACKSTOP AT THE END OF THE DAY IS THE PERSONAL FINANCES OF THE OWNERS

SHERIFF'S DEPUTIES. >> GORZELL: THE TEAM IS BACKING THAT DEVELOPMENT.

>> MAYOR NIRENBERG: FURTHERMORE, THE QUESTION IS ALWAYS ASKED JUSTIFIABLY ALSO STADIUMS ARE SUPPOSEDLY THESE ECONOMIC GENERATORS. WE SEE WHAT HAPPENED WITH THE FROST BANK CENTER ON THE EAST SIDE PROMISING ECONOMIC DEVELOPMENT, THOSE THINGS DIDN'T HAPPEN. IN THIS CASE, THE DEVELOPMENT, THE IMPROVEMENTS COME FIRST. IN FACT, IT'S NOT FOR THE PROMISE OF DEVELOPMENT.

WE'VE ACTUALLY PUT THAT IN WRIGGLER. >> REPORTER: THAT IS CORRECT, IT IS NOT A PROMISE OF DEVELOPMENT, AS RELATES TO PHASES 1 AND 2.

>> MAYOR NIRENBERG: ERIK? >> WALSH: THERE WILL BE NO WORK ON THE BALLPARK UNLESS PHASE 1 BEGINS AT THE SAME TIME. THOSE ARE LINED UP AND

THAT'S A CRITICAL PART OF THIS AS WELL. >> MAYOR NIRENBERG: SO THAT'S WHY IN MY VIEW IT'S NOT BEEN A GOOD RATIONALE TO BUILD A STADIUM SOMEWHERE IN ORDER TO ECONOMICALLY REVITALIZE THAT AREA. JUST DOESN'T HAPPEN.

WE'VE SEEN TOO MANY EXAMPLES OF WHERE THAT DIDN'T HAPPEN ON THE PROMISE THAT IT WOULD. IN THIS CASE THAT'S NOT WHY WE'RE DOING THIS.

WE HAVE AN AREA OF DOWNTOWN THAT IS FOR ALL PRACTICAL PURPOSES BLIGHTED.

THAT PARTICULAR PARCEL, NOTHING IS ON IT. WE WANT TO IMPROVE WITH A PUBLIC AMENITY THAT WE CAN ALL SHARE AND WE WANT THE PRIVATE DEVELOPERS TO PAY FOR IT. IN MY VIEW, WE'VE CHECKED ALL THOSE BOXES.

NOW, THAT'S NOT THE END OF IT. WHAT WE'VE HEARD MOST TODAY THOUGH THERE ARE GOING TO BE RESIDENTS IMPACTED IN ADJACENT PROPERTIES OR OWNED BY THE DEVELOPER. WHAT HAPPENS TO THOSE FAMILIES.

EIGHT YEARS AGO WE DID NOT HAVE A PLAN. WE DIDN'T HAVE A HOUSING POLICY, WE DIDN'T HAVE A FRAMEWORK AND WE WERE EVEN SAYING ANTI-DISPLACEMENT.

WE DIDN'T HAVE A STRATEGY. WE DO TODAY. OUR GOAL IS MAKE SURE THAT NO FAMILY IS LEFT BEHIND IN THIS PROCESS AND LEFT OUT WITHOUT A PLACE TO GO.

THAT THEY ARE PART OF THE PROCESS OF RELOCATION WHEN THAT DEVELOPMENT OCCURS.

SO LORI, LET ME TURN IT OVER TO YOU. WALK ME THROUGH HOW WE CAN LOOK OUR RESIDENTS IN THE EYES AND TELL THEM NO ONE WILL BE LEFT BEHIND IN THIS

PROCESS. >> AFTERNOON. I'D LIKE TO SHOW THE SLIDE THAT THE MAYOR HAD UP PREVIOUSLY. PARTICULARLY WHEN NEIGHBORHOOD HOUSING LOOKS AT DISPLACEMENT AND ISSUING RFPS OR SOLICITATIONS, WE ASK WILL THE PROJECT DISPLAYS AS YOU POINTED OUT EARLIER, THEY ARE NOT BUILDING A BASEBALL STADIUM ON A PROJECT THAT WOULD REQUIRE -- THAT WOULD HAVE DIRECT DISPLACEMENT.

WHERE THE DIRECT DISPLACEMENT COMES IN IS WHEN THEY ARE DEVELOPING THE OTHER PARCELS THAT THEY ALREADY OWN. AND SO THERE'S NO DIRECT DISPLACEMENT WITH REGARDS TO THE STADIUM. NOW, WHEN WE LOOK AT THE DEVELOPMENT, THERE IS DIRECT DISPLACEMENT WHEN THEY REDEVELOP.

BUT THE PLAN IS AS FOLLOWS. WE WILL NOTIFY THE INDIVIDUALS GIVEN LEAD TIME ABOUT THAT DISPLACEMENT AND RELOCATE THEM TO ANOTHER PROPERTY ON THEIR SITE.

>> MAYOR NIRENBERG: AT THE SOAP FACTORY. >> HOUSTON: AT THE SOAP FACTORY THEY WILL PAY FOR THAT RELOCATION. AFTER THAT WHEN THEY HAVE TO RELOCATE THEM FROM THAT SITE, THEY WILL WORK WITH THOSE AND OFFER THEM TO RELOCATE TO THE CONTINENTAL HOTEL. THERE IS ABOUT 140 HOUSING UNITS THAT ARE PRICED AT 60 TO 80% AMI. AND THEY CAN RELOCATE TO THAT FACILITY IN A UNIT THEY CAN AFFORD IF THEY ARE AT 60 TO 80% AMI.

[01:40:10]

THESE ARE PROFESSIONALS THAT WORK IN THIS FIELD THAT CAN HELP NAVIGATE THEM TO HOUSING THAT THEY CAN AFFORD AND THAT IS IN A LOCATION THAT FITS THEM BEST.

NOW, IF YOU LOOK AT THE MAP, YOU'LL SEE THERE REALLY ISN'T ANY OPPORTUNITY FOR INDIRECT DISPLACEMENT BECAUSE THE AREA IS BORDERED BY THE INTERSTATE, THERE'S OTHER PARKING LOTS AND THEN THERE'S COMMERCIAL BUSINESSES.

THERE ISN'T GOING TO BE AN INDIRECT DISPLACEMENT IMPACT AS A RESULT OF THESE PROJECTS WITH THE EXCEPTION OF THAT DIRECT DISPLACEMENT ASSOCIATED WITH THE SOAP FACTORY, THEY HAVE THAT DISPLACEMENT PLAN WHICH IS SOMETHING WE WOULD ACCEPT AS

PART OF A BOND PROJECT. >> MAYOR NIRENBERG: A [INAUDIBLE] PLAN IS WHAT WE HAVE ASKED FOR IN THE CASES OF THESE KINDS OF REDEVELOPMENT AND THAT'S

WHAT WE'RE GETTING FROM THIS PROJECT. >> HOUSTON: YES.

>> MAYOR NIRENBERG: LET ME ASK YOU, SO THE COMPANY WOULD HIRE HOUSING NAVIGATORS. WE ALSO HAVE HOUSING NAVIGATORS --

>> YOU TO LEAVE IF YOU CAN'T LISTEN TO OTHER FOLKS SPEAK AS WELL.

THEY ARE GOING TO BE HIRING HOUSING NAVIGATORS. THE CITY HAS HOUSING

NAVIGATORS IS THAT CORRECT THAT IS CORRECT? >> HOUSTON: YES.

>> MAYOR NIRENBERG: WHAT I WOULD LIKE TO KNOW WHAT IS OUR RESIDENT BACKSTOP IN TERMS OF [INAUDIBLE] THAT A PARTICULAR FAMILY WHO NEEDS THOSE HOUSING NAVIGATION SERVICES, HOW DO WE MAKE SURE THAT FAMILY ULTIMATELY MAKES IT TO THEIR NEXT HOME AND IS ASSISTED IN DOING THAT? ARE WE GOING TO BE PROVIDING

THAT IN CONJUNCTION -- >> HOUSTON: WE PROVIDE THAT BACKSTOP.

>> MAYOR NIRENBERG: THROUGH NHSD. >> HOUSTON: YES.

ALL OF THIS INCLUDES DISCUSSIONS WITH THE TENANTS.

NO ONE IS GOING TO MAKE DECISIONS ABOUT WHERE THEY ARE GOING THE MOVE WITHOUT TALKING TO THE TENANT AND IT WILL BE A DISCUSSION WITH THE TENANT, THE HOUSING NAVIGATORS AND IF THEY NEED SUPPORT FROM THE CITY, WE WILL BE THERE TO HELP THEM.

>> MAYOR NIRENBERG: THANK YOU. I'M JUST GOING TO WRAP MY COMMENTS NOW. THERE IS A LONG AND SORDID HISTORY OF PUBLIC ENTITIES GETTING INVOLVED IN FINANCING OF SPORTS FACILITIES.

SO I CAN UNDERSTAND THE CYNICISM AND SOME DISBELIEF ABOUT THE CITY INSTRUCTING A DEAL NOT ONLY IN WHICH TAXPAYERS ARE PROTECTED, BUT RESIDENTS ARE ACCOMMODATED AND THAT WE ARE ABLE TO MAKE SURE THAT NO ONE IS IMPACTED NEGATIVELY.

THAT'S WHAT WE'VE DONE HERE AND THAT'S WHY I'M SO PROUD OF OUR CITY TIME AND LOCAL PARTNERS WHO ARE NOW OWNERS OF THE SAN ANTONIO MISSIONS. THAT'S WHY IT TOOK SO LONG.

I REALIZE WE ARE HERE AND EVERYTHING SEEMS TO BE HAPPENING FAST, BUT BELIEVE ME, WE WOULDN'T WANT ANYTHING TO COME TO THIS DAIS TO BE DISCUSSED UNLESS WE COULD ACTUALLY DO THOSE THINGS, PROTECT SAN ANTONIANS IN TERMS OF THE FINANCES OF THIS DEAL, BUT ALSO MAKE SURE WE'RE PROTECTING SAN ANTONIO FAMILIES. IF WE CAN'T DO THAT, IT'S NOT GOOD ENOUGH TO BRING US UP HERE. BUT THAT'S WHERE WE ARE. I STAND BY THIS DEAL BECAUSE I THINK IT'S WELL CRAFTED TO PROTECT SAN ANTONIO FAMILIES IN EVERY RESPECT.

I THINK WE HAVE A LOT OF WORK TO DO TO MAKE SURE PEOPLE ARE INFORMED, BUT I AM PLEASED EVERYONE HAS COME TOGETHER WITH A VISION TO IMPROVE SAN ANTONIO AND TO BRING A VERY IMPORTANT NEW ELEMENT TO DOWNTOWN THAT FRANKLY WE'VE BEEN WANTING FOR A LONG, LONG TIME. WITH THAT, LET'S GET INTO THE COUNCIL DISCUSSION.

THIS IS SCHEDULED FOR APPROVAL OF THE FRAMEWORK NEXT WEEK.

TODAY IS JUST A DISCUSSION. WE'LL START WITH COUNCILMEMBER

MCKEE-RODRIGUEZ. >> MCKEE-RODRIGUEZ: THANK YOU, MAYOR.

I WANT TO TOUCH ON THE COMMUNITY ENGAGEMENT, SOME THINGS I WOULD LIKE TO SEE I DO WANT TO BE INTENTIONAL ABOUT MY QUESTIONS AND I FEEL LIKE I'M HEARING WHAT I WANT TO HEAR, BUT I WORRY THE CONDITIONS OF REALITY WILL NOT ALLOW US TO WORK OUT IN A WAY IN -- OUT. AS I MENTIONED AT OUR LAST BRIEFING ON THIS ITEM, I'M NOT INHERENTLY OPPOSED BUT THERE ARE CHALLENGES I WOULD LIKE US TO ADDRESS AHEAD OF

[01:45:01]

CONFLICT NUMBER ONE, SHOULD THERE BE ANOTHER STADIUM AND SHOULD IT BE DOWNTOWN.

THERE ARE FOLK WHO SAY HELL YEAH, WE NEED MORE COOL THINGS DO YOU WANT, AND THERE ARE PEOPLE SAY ABSOLUTELY NOT, AND ASK HOW MANY HAPPENS TO THE STADIUM ON THE WEST SIDE AND WILL THE PROMISES THAT WERE NOT FULFILLED THERE FINALLY BE MET AND THEN HOW WILL THAT PLAY OUT AS SPURS LOOK TO THEIR FUTURE AND WHAT THAT WILL MEAN FOR THE FROST BANK CENTER.

IF THE CITY IS GOING TO PLAY A MAJOR ROLE IN FUNDING AND THE PROJECT WON'T HAPPEN WITHOUT US, THEN THAT ALLOWS US TO PLAY A GREATER ROLE IN RESOLVING CONFLICT NUMBER ONE. I HAVE HEARD FROM A MAJORITY OF MY COLLEAGUES THAT THE ANSWER IS WE WANT A NEW STADIUM AND WE WANT TO PLAY A ROLE IN SHAPING WHAT IT LOOKS LIKE. CONFLICT TWO, THE PUBLIC FUNDING OF A STADIUM HAS NOT BEEN ADEQUATELY EXPLAINED PUBLICLY. I APPRECIATE WE'RE HAVING THIS MEETING AND WE OBVIOUSLY HAD A LOT OF INTEREST IN THE FACT THAT THIS MANY PEOPLE CAME OUT AT 1:00 P.M. ON A THURSDAY WHEN MOST RESIDENTS ARE AT WORK SHOWS ME THERE IS SIGNIFICANT INTEREST IN THIS IN OUR CITY.

IMAGINE WHAT WOULD HAPPEN IF WE HELD A MEETING LIKE THIS AT 11:00 A.M. ON A SATURDAY MORNING OR A 6:00 P.M. EVENING. OR EVEN A VIRTUAL INFORMATIONAL SESSION. I DO BELIEVE THAT THE FINANCE PLAN IS SOMETHING THAT MOST RESIDENTS WOULD SUPPORT IF WE EXPLAINED HOW IT WORKS, ESPECIALLY AS IT'S FUNDED THROUGH INCREMENT AND NOT ANY FUNDING WE USE FOR CITY SERVICES AUDIO]. AND AN IN-PERSON TOWN HALL MEETING TO SHARE THE PLAN FOR THE PROJECT, TO ANSWER QUESTIONS ABOUT THE FINANCING PORTION, AND TO HEAR WHAT OUR CONSTITUENTS' REMAINING CONCERNS AND IDEAS ARE AND WHAT THEIR IDEA OF COMMUNITY BENEFITS ARE. CAN WE GET A COMMITMENT OF THAT?

ANYONE ON THE -- ANYONE FROM THE TEAM? >> GORZELL: COUNCILMAN, YOUR QUESTION WAS WHETHER WE COULD DO A VIRTUAL AND IN-PERSON?

>> MCKEE-RODRIGUEZ: THIS IS NOT THE CITY DOING THIS EVENT.

THIS SHOULD BE DONE BY THE OWNERS. IS THIS SOMETHING YOU ALL CAN COMMIT TO? AND WHAT I'M SPECIFICALLY ASKING FOR IS AN OPPORTUNITY FOR YOU TO MEET DIRECTLY WITH RESIDENTS ABOUT THE PLAN, BOTH THE DEVELOPMENT OF THE APARTMENTS AS WELL AS THE BASEBALL STADIUM TO EXPLAIN THE FINANCING PORTION AND TO GET THEIR IDEA OF WHAT ARE COMMUNITY BENEFITS.

I BELIEVE THAT WILL INFORM THE NEGOTIATION PROCESS. >> YES, SIR.

I THINK ON BEHALF OF THE OWNERSHIP, WE WOULD WANT TO WORK WITH THE CITY ON THAT.

I THINK IT WOULD BE INCOMPLETE IF IT WAS JUST US IN A VACUUM.

>> MCKEE-RODRIGUEZ: FOR SURE. >> I WOULD LOOK TO CITY STAFF FOR HELP THERE. AND MY OTHER OBSERVATION THERE ON THE SPOT WOULD BE THAT WE HAVE AN EXTERNALLY IMPOSED DEADLINE FOR MAJOR LEAGUE BASEBALL.

>> MCKEE-RODRIGUEZ: WHEN'S THE DEADLINE? >> WHAT HAS BEEN SHARED WITH US THUS FAR IS OCTOBER 15TH. AND SO PROVIDED WE CAN STAY

ON SCHEDULE, THAT IS SOMETHING -- >> MCKEE-RODRIGUEZ:

IN AUDIO] >> DEFINITIVE DOCUMENTS WE UNDERSTAND WILL TAKE LONGER.

YES, SIR. IT'S FOR THE MOU AND THE TERM SHEET.

>> MCKEE-RODRIGUEZ: I'M HEARING OCTOBER 15 IS FINAL, FINAL DEADLINE.

>> CORRECT. >> MCKEE-RODRIGUEZ: PERFECT.

THANK YOU. I WANT TO GET TO A FEW MORE THINGS AND THEN GIVE YOU AN OPPORTUNITY. AS I MENTIONED LAST TIME -- AND THE LARGE REASON I'M ASKING FOR THAT IS WHEN WE DO A ZONING CHANGE IN MY DISTRICT FOR VERY, VERY SMALL PROPERTIES I REQUIRE APPLICANTS IN MY DISTRICT TO DO MUCH STRONGER COMMUNITY ENGAGEMENT THAN I THINK HAS BEEN DONE HERE WITH THIS $160 MILLION PROJECT THAT IS ALL BY GUARANTEED TO CAUSE DIRECT DISPLACEMENT AND WILL BE RECEIVING ONGOING FUNDING FOR MAINTENANCE AND SUPPORT FROM THE CITY. THERE IS ONE THING THAT I WANT TO SEE THAT I HAVEN'T MENTIONED YET BUT I WOULD LIKE TO SEE A COMMITMENT TO BEING A FAIR CHANCE EMPLOYER. WE HAVE A POPULATION OF FORMERLY INCARCERATED RESIDENTS WHO DO NOT HAVE ACCESS TO JOBS, WHICH

[01:50:04]

COMMIT TO PRIOR TO -- >> COUNCILMAN, I'M SORRY. I'M GOING TO HAVE TO ASK YOU TO REPEAT THE LAST PART. I DID HEAR THE FIRST PART. I WOULD LIKE TO ADDRESS THE

SCHEDULE IN A LITTLE BIT MORE DETAIL. >> MCKEE-RODRIGUEZ: I'LL PROBABLY HAVE ONE MORE THING RIGHT AFTER. I'LL GET TO TWO THINGS.

ONE IS I'M ASKING FOR YOU TO BE A FAIR CHANCE EMPLOYER WHICH TO ME MEANS THAT YOU WILL REMOVE THE CONVICTION HISTORY QUESTION FROM JOB APPLICATIONS AND THAT A CONVICTION WILL NOT AUTOMATICALLY PRECLUDE SOMEONE FROM EMPLOYMENT OR RESIDENCY AT THE APARTMENTS OR THE STADIUM. THE SECOND IS I DO WANT TO BE CLEAR THAT THE MINIMUM WAGE OF EMPLOYEES WILL BE TIED AND ADJUSTED TO THAT OF

CITY EMPLOYEES. >> NUMBER ONE, I WANT TO LEARN MORE ABOUT THAT.

WE HAVE OUTSIDE CONSTITUENTS. WE'LL NEED TO UNDERSTAND HOW MLB LOOKS AT THIS. WE ALWAYS FOLLOW FAIR HOUSING LAWS.

I WANT TO LEARN ABOUT THAT BEFORE I COMMIT. ON QUESTION NUMBER TWO -- BEN AND I HAVE DISCUSSED THIS AT LENGTH AND I THINK THE QUESTION IS THAT --

>> MCKEE-RODRIGUEZ: RIGHT NOW THE CITY'S MINIMUM WAGE, IF TWO YEARS FROM NOW WE HAVE A HIRE MINIMUM WAGE, WILL YOU MINIMUM WAGE MATCH THAT?

>> THEY HAVE COMMITTED FOR BALLPARK OPERATIONS, FULL-TIME/PART-TIME EMPLOYEES TO FOLLOW THE CITY'S ENTRY WAGE. AS OUR ENTRY WAGE MOVES,

THEIRS WOULD MOVE AS WELL. >> MCKEE-RODRIGUEZ: WHAT I'M ASKING YOU IN REGARDS TO BEING A FAIR CHANCE EMPLOYER IS ABOVE AND BEYOND WHAT I THINK ARE THE MINIMUM STANDARDS IN TEXAS OR LIKELY MLB. I DON'T KNOW THAT YOU'LL BE ABLE TO MAKE THAT COMMITMENT BY SEPTEMBER 5 BUT I WOULD LIKE YOU TO MAKE THAT COMMITMENT. AND SO MY -- THAT LENDS ITSELF TO THE CONFLICT I'M HAVING WITH NEXT WEEK VOTING TO APPROVE THIS AND LOSING THAT LEVERAGING ABILITY.

IN MY SECOND ROUND I'LL GET TO THE DISPLACEMENT AND AFFORDABILITY AND ALL THAT

BUT THAT'S A PRETTY BIG ITEM THAT I WANT FROM YOU. >> ON THE FAIR CHANCE EMPLOYER? I WOULD LOVE TO VISIT WITH YOU ABOUT THAT AND LEARN MORE. ON THE SCHEDULE, CAN WE GO BACK ONE?

>> MCKEE-RODRIGUEZ: SURE. >> THANK YOU, SIR. THERE'S SORT OF THE DOCUMENTATION SCHEDULE AND THEN THERE'S THE TASK OF ACTUALLY DELIVERING IN AUDIO]. AND I THINK WHAT I'M HEARING FROM YOU BUT I WANT TO CONFIRM THAT WE HAVE GOT TO START DESIGN TO HIT THAT. AND WHEN I HEAR WHAT YOU'RE TALKING ABOUT IN THESE SESSIONS, I CONSIDER THAT PART OF A HOLISTIC DESIGN PROCESS BUT I JUST WANT TO BE CLEAR WE HAVE TO BEGIN DESIGN ON A BALLPARK, A HOLISTIC DESIGN PROCESS WITH A BUNCH OF COMMUNITY INPUT TO STAY ON THAT OPENING DAY

2028 TIMELINE. >> MCKEE-RODRIGUEZ: NO, NO.

MY CONCERN IS NOT NECESSARILY WITH THE DESIGN. I THINK THAT'S SOMETHING THAT IS GOING TO HAVE TO LEND ITSELF TO COMMUNITY DISCUSSION ANYWAY AND THAT CAN HAPPEN THROUGHOUT THAT PERIOD OF ACTUALLY HIRING AN ARCHITECT AND DESIGNER AND THE LIKE. THE ISSUE THAT I'M HAVING IS OUR ROLE IN AGREEING AND AUTHORIZING THE CITY MANAGER TO NEGOTIATE AN AGREEMENT FOR NEXT WEEK, BASICALLY.

AND SO WITHOUT ALL OF THESE OTHER THINGS BEING DEALT WITH.

AND SO MY CHALLENGE IS HOW CAN WE MEET YOUR DEADLINE BUT NOT -- OKAY.

ONE IS HOW COULD YOU AGREE TO EVERY SINGLE THING THAT WE WANT BY NEXT WEEK BEFORE WE VOTE OR WHEN IS THE LAST DATE THAT WE COULD VOTE ON SOMETHING LIKE THIS AND KNOW

WHETHER OR NOT ALL OF OUR NEEDS CAN BE MET BY YOU. >> BRUCE IS MUCH BETTER

VERSED IN THE MLB. >> THE MOU IS JUST AN UNDERSTANDING.

IT'S NOT THE FINAL DOCUMENT. WE WILL GO THROUGH A LONG PERIOD OF TIME TO COME UP WITH A LEASE AGREEMENT, DEVELOPMENT AGREEMENT, AND ALL THE OTHER PROVISIONS IN THERE. I SHARE YOUR CONCERN AND I LOVE THE HEART OF TAKING CARE OF OTHERS, ESPECIALLY THE SECOND CHANCE. I'LL GO FURTHER THAN RANDY.

I WANT TO DO MORE THAN JUST HEAR ABOUT IT. I WANT TO SEE HOW WE CAN HELP IMPLEMENT IT. I LOVE THAT IDEA. BUT THAT'S NOT -- ALL THOSE LITTLE INTRICACIES -- THEY'RE IMPORTANT. I'M NOT GOING TO DISCOUNT THEM. BUT THAT'S REALLY NOT IN THE TERM SHEET WE'VE GOT.

[01:55:03]

I'M NOT REAL KEEN. I'M WORKING ON YOUR SCHEDULE.

I'M NOT TELLING YOU HOW TO DO YOUR BUSINESS BUT I'M NOT REAL KEEN ON GOING UP TO THE DEADLINE EITHER. WE'RE TRYING TO DO THINGS AS QUICKLY AS WE CAN AND STILL MEET THAT DEADLINE. DO YOU HAVE ANY OTHER QUESTIONS THAT I CAN ANSWER,

SIR? >> MCKEE-RODRIGUEZ: I'LL GET TO THEM.

THANK YOU. >> WALSH: COUNCILMAN, I GUESS MAYBE THE ANSWER TO THE OTHER PART OF YOUR QUESTION. I'M ANTICIPATING THERE WILL BE THINGS THAT COME OUT OF THIS BRIEFING TODAY, JUST LIKE THEY CAME OUT ON AUGUST 14.

AND THAT'S THE FOLLOW UP THAT WE DO WITH THE TEAM OWNERSHIP TO FOLLOW UP ON THINGS LIKE THE SECOND CHANCE AND THOSE ASPECTS OF QUESTIONS THAT MAY COME OUT OF THIS BRIEFING TO SEE WHAT NEXT STEPS ARE AND HOW THEY CAN BE INCORPORATED INTO THE AGREEMENT. BASED ON THE CONVERSATION WE'RE GOING TO HEAR FROM THE COUNCIL THIS AFTERNOON. I'M NOT TERRIBLY WORRIED ABOUT IT YET BUT THAT'S WHY WE'RE HERE TODAY TO GET FEEDBACK FROM ALL THE COUNCIL BASED ON THE PUBLIC INPUT AND THEN WE'LL TAKE INVENTORY OF THAT AND MEET WITH THESE FOLKS AND SEE

WHERE WE'RE AT IN TERMS OF THE FOLLOW UP. >> MCKEE-RODRIGUEZ: THANK YOU, MAYOR PRO TEM. IF I MAY. THE REASON I'M ASKING THE QUESTION IN THE WAY THAT I AM IS BECAUSE NEXT WEEK IS WHEN WE'RE SET TO VOTE TO AUTHORIZE YOU BASICALLY TO NEGOTIATE ON OUR BEHALF. THIS ITEM IS NEVER GOING TO

COME BACK BEFORE COUNCIL FOR US TO VOTE, RIGHT? >> WALSH: BEN, COME ON UP HERE. LET'S GO INTO A LITTLE BIT MORE DETAIL.

THE ITEM NEXT WEEK IS JUST THE KEY TERMS. THERE ARE A LOT OF DOCUMENTS THAT ARE GOING TO HAVE TO CONTINUE TO BE NEGOTIATED AND ELEMENTS.

BEN HAS A SLIDE IN THE PRESENTATION. THAT WILL HAVE TO COME TO COUNCIL IN THE FUTURE FOR APPROVAL. SO THIS IS JUST THE FIRST STEP AND THE AGREEMENT OF THE KEY TERMS. BEN, IF YOU'LL PULL UP THAT SLIDE, LET'S WALK THROUGH THERE. THAT'S AN IMPORTANT PIECE I

THINK THE COUNCIL SHOULD BE AWARE OF. >> GORZELL: COUNCILMAN, ON THIS SLIDE, WHAT WE'RE TALKING ABOUT NEXT WEEK IS THE MEMORANDUM OF UNDERSTANDING AND THE TERM SHEET. THE TERM SHEET LAYS THE FRAMEWORK FOR A LOT OF THE SIGNIFICANT PROVISIONS THAT WILL THEN GO TO NEGOTIATIONS. THE THING THAT WILL COME BACK TO YOU FOR APPROVAL, WE'LL NEED TO CREATE THAT SAN PEDRO CREEK DEVELOPMENT AUTHORITY.

THAT WOULD COME BACK TO YOU FOR YOUR APPROVAL TO CREATE THAT ORGANIZATION.

THE AMENDMENTS TO THE HOUSTON STREET TIRZ AND WESTSIDE TIRZ BOTH BOUNDARIES AND TIRZ, I ANTICIPATE THAT WOULD HAPPEN IN THIS CALENDAR YEAR FOR US TO STAY ON SCHEDULE. THE CONSENT TO THE CREATION OF A MUNICIPAL MANAGEMENT DISTRICT, PROBABLY THIS CALENDAR YEAR, MAYBE NEXT CALENDAR YEAR BUT ALL THOSE DOCUMENTS ON THE RIGHT, THE LEASE AGREEMENT BETWEEN THE AUTHORITY AND THE TEAM, THE ECONOMIC DEVELOPMENT AGREEMENT, DEVELOPER AGREEMENT, BOND INDENTURE AND FINANCING DOCUMENTS, MANY WILL COME BACK FOR COUNCIL APPROVAL.

A LOT OF THEM WILL BE IN THAT TIRZ FUNDING AGREEMENT BECAUSE THAT SETS THE FOUNDATION FOR THE OTHER DOCUMENTS THAT WE DO THROUGH THE AUTHORITY TO GET THE BOND ISSUE DONE. NEXT WEEK IS REALLY JUST APPROVAL OF THIS INITIAL PHASE. WE STILL HAVE TO COME BACK WITH ALL OF THIS ADDITIONAL WORK AND ALL THESE ADDITIONAL DEFINITIVE DOCUMENTS FOR YOUR APPROVAL.

>> VIAGRAN: THANK YOU. COUNCILMAN COURAGE. >> COURAGE: THANK YOU.

I'VE GOT A FEW QUESTIONS. THE FIRST ONE, BEN, YOU CAN PROBABLY TELL ME.

HAS SAISD PROPERTY BEEN SECURED? >> GORZELL: NO, NOT THE REMAINING TRACKS THAT WE TALKED ABOUT FOR THE BALLPARK SITE.

THOSE HAVE NOT BEEN ACQUIRED YET BUT OUR UNDERSTANDING IS NEGOTIATIONS ARE ONGOING.

>> COURAGE: BUT IF THEY WEREN'T ACQUIRED, THEN THIS WHOLE THING WOULD PROBABLY

NOT GO FORWARD, RIGHT? >> GORZELL: THAT IS CORRECT.

THAT SITE OBVIOUSLY WOULD NOT WORK. >> COURAGE: YOU MENTIONED TWO AUTHORITIES AND PROBABLY WASN'T LISTENING WELL ENOUGH.

ONE IS THE SAN PEDRO CREEK DEVELOPMENT AUTHORITY. THE OTHER IS THE MUNICIPAL MANAGEMENT DISTRICT . WHAT IS THE DIFFERENCE IN THE FUNCTION OF THOSE TWO?

>> GORZELL: SO THE SAN PEDRO CREEK DEVELOPMENT AUTHORITY WILL BE THE ENTITY THAT OWNS THE BALLPARK. IT WILL HAVE A BOARD OF DIRECTORS MADE UP OF CITY AND COUNTY REPRESENTATIVES AND THE TEAM. SO THEY WILL HAVE OWNERSHIP OF THE FACILITY. THEY'LL APPROVE THE BUDGET THAT GETS SUBMITTED BY THE

[02:00:04]

THE MUNICIPAL MANAGEMENT DISTRICT, THE WAY WE'RE USING IT HERE, I MENTIONED IT'S A LITTLE BIT LIKE A PID. PID.

IF WE WERE TO LOOK AT SLIDE 3, THE MUNICIPAL MANAGEMENT DISTRICT, THE BOUNDARIES ARE GOING TO SURROUND THE BALLPARK SITE AND THE NEW PRIVATE DEVELOPMENT YOU SEE THERE, WITH THE EXCEPTION OF A LITTLE BIT OF PHASE 4 THAT IS FURTHER TO THE EAST THERE. IT WOULD BE CONTIGUOUS BOUNDARIES AROUND THE BALLPARK AND THAT NEW DEVELOPMENT. IT'S LIKE A PID.

THEY'RE GOING TO PAY THEIR PROPERTY TAXES ON THAT NEW DEVELOPMENT AND THERE WILL BE AN ASSESSMENT ON TOP OF THAT, JUST LIKE THE PID. THE MMD HAS BROADER AUTHORITY UNDER STATE LAW SO WE'RE ABLE TO USE THOSE ASSESSMENTS AND USE IT TO PAY FOR DEBT SERVICE ON THE BONDS ON THE BALLPARK. IF THERE ARE SURPLUS ASSESSMENT REVENUES IN THE FUTURE, THE BONDS ARE PAID FOR.

THAT SERVICE IS COVERED. THEY CAN USE THEM FOR SOME OTHER THINGS AROUND THE BALLPARK. LANDSCAPING, IMPROVEMENTS LIKE THAT BUT IT WILL ALL

COME OUT OF THAT MMD. >> COURAGE:

>> GORZELL: ABSOLUTELY. ABSOLUTELY. NONE OF THAT OTHER STUFF

COULD HAPPEN UNLESS THE BONDS ARE TAKEN CARE OF. >> COURAGE: MONEY FOR THE TICKETS WOULD GO TOWARD DEBT SERVICE. $2 ON EVERY TICKET.

>> THAT'S CORRECT. >> COURAGE: $1 MILLION IN REVENUE TO THE CITY FOR

LEASING. >> GORZELL: $1 MILLION TO THE AUTHORITY.

BECAUSE THEY OWN THE BALLPARK. THAT GOES INTO DEBT SERVICE.

>> COURAGE: AND ANY ADDED TAX VALUE THAT THE CITY COLLECTS AFTER IMPROVEMENTS HAVE BEEN REASSESSED EACH YEAR, THAT WOULD GO INTO THE FUND TO PAY ON THE DEBT SERVICE IN THE TIRZ, RIGHT? THAT GROWTH IN THE TIRZ REVENUE.

>> GORZELL: THE GROWTH IN THE TIRZ, CORRECT. WE HAVE A LOT OF THIS TIED

TO THOSE FIRST TWO PHASES OF NEW DEVELOPMENT. >> COURAGE: AND THEN THE

MONEY THE MMD COLLECTS. THAT'S ANOTHER RESOURCE. >> GORZELL: THAT'S

CORRECT. >> COURAGE: AND THEN OF COURSE THERE'S THE MONEY PUT

IN DIRECTLY BY THE OWNERS. >> GORZELL: THAT'S CORRECT.

>> COURAGE: THERE'S ABOUT FIVE SOURCES FROM WHAT YOU'VE JUST LAID OUT OF REVENUE TOWARD PAYING OFF THE DEBT. IS THAT ABOUT RIGHT?

>> GORZELL: THE EQUITY PIECE WOULD NOT GO TOWARDS THE DEBT.

THE $34 MILLION THE TEAM IS PUTTING IN, THAT WOULD NOT GO TOWARDS THE DEBT.

THAT'S THE PROJECT. LAND, DESIGN, ENGINEERING. >> COURAGE: CONSTRUCTION.

>> GORZELL: THAT'S CORRECT. YOU'RE CORRECT.

THE LEASE PAYMENT, THE $2 TICKET FEE, THE ASSESSMENTS FROM THE MUNICIPAL MANAGEMENT DISTRICT ALL GO TOWARDS DEBT SERVICE ON THE BONDS.

>> COURAGE: AND HOW LONG DO THESE ASSESSMENTS CONTINUE?

FOR EXAMPLE, THE MMD. IS THAT IN PERPETUITY? >> GORZELL: THE MMD, WE HAVE TO SET THE ASSESSMENTS, MUCH LIKE THE PID, BUT THEY'RE GOING TO FOLLOW THE BONDS. WE'RE GOING TO HAVE AN MMD THERE.

WE'RE GOING TO HAVE THAT IN PLACE SO THEY FOLLOW THE 30-YEAR REPAYMENT ON THE

BONDS. >> COURAGE: WHEN THE BONDS ARE PAID OFF, THAT COULD

END. >> GORZELL: IT COULD OR IT COULD CONTINUE.

THEY'LL REASSESS AT THE END OF THAT 30 YEARS WHAT ARE THE NEEDS IN THAT AREA, WHAT ARE THE NEEDS IN THE BALLPARK. THAT CAN CONTINUE TO BE SOMETHING THAT STAYS IN PLACE BUT THAT COULD BE DETERMINED AT THAT TIME.

>> COURAGE: AND THE SAN PEDRO CREATE DEVELOPMENT AUTHORITY WOULD BE IN

PERPETUITY OR COULD THAT END? >> GORZELL: NO, THAT WOULD STAY IN PLACE AS LONG AS THE BALLPARK IS THERE BECAUSE IT OWNS THE BALLPARK.

>> COURAGE: YOU SAID THAT WE'RE GOING TO LOOK AT NEXT WEEK THE APPROVAL OF A FRAMEWORK, BUT WE'RE NOT APPROVING THE FINAL CONTRACT.

IS THAT RIGHT? >> GORZELL: THAT'S CORRECT.

>> COURAGE: WITHIN THE CONTEXT OF THAT FRAMEWORK, BECAUSE THERE MAY BE OTHER THINGS DEVELOPED THAT CREATE ANOTHER NEED FOR INTERPRETING WHAT WE'RE DOING OR TO GET BETTER DETAILS AND MAYBE THOSE DETAILS AREN'T QUITE WHAT WE EXPECTED, IS THERE OPPORTUNITIES TO CONTINUE TO TALK TO THE BASEBALL TEAM

OWNERSHIP GROUP TO WORK OUT ANY OF THOSE DETAILS? >> GORZELL: ABSOLUTELY THAT'S GOING TO HAPPEN. WE WILL HAVE TO NEGOTIATE DEFINITIVE AGREEMENTS WITH THEM AND THE COUNTY. AND I MENTIONED THE LEASE, THE DEVELOPMENT AGREEMENT, THE ECONOMIC DEVELOPMENT AGREEMENT. ALL OF THOSE AGREEMENTS WILL HAVE TO BE NEGOTIATED. THE TERM SHEET IS THE FRAMEWORK, I WOULD HIT THE MAJOR PROVISIONS, BUT THERE WILL BE MUCH MORE NEGOTIATION TO DO.

>> COURAGE: SO THE FINAL CONTRACT WILL COME BACK TO THIS COUNCIL FOR ITS

APPROVAL? >> GORZELL: MUCH OF IT WILL COME BACK TO THE

[02:05:02]

COUNCIL FOR APPROVAL, YES. >> COURAGE: I DON'T UNDERSTAND MUCH OF IT.

WHY NOT ALL OF IT? AREN'T WE GOING TO HAVE ONE FINAL CONTRACT THAT WE'LL

APPROVE? >> GORZELL: IT WILL BE AGREEMENTS.

SO, FOR EXAMPLE, THE TIRZ FINANCING AGREEMENT WILL HAVE ALL THE FINANCIAL RELATED ISSUES TIED IN THERE. THE CONTROL AND THE CONSENT TO BE ABLE TO DO WHAT WE'RE TALKING ABOUT DOING. BUT THE SPORTS AUTHORITY WILL ACTUALLY BE THE ONES ISSUING THE BONDS. SO SOME OF THE BOND INDENTURE STUFF, SOME OF THAT STUFF COULD BE UNDERNEATH THE AUTHORITY OF THE DEVELOPMENT AUTHORITY. THEY COULD END UP THERE. BUT THE AGREEMENTS THAT YOU WILL APPROVE WILL APPROVE THE SUBSTANTIVE NATURE OF WHAT WE ARE TALKING ABOUT

DOING HERE. >> COURAGE: AND THE MEMBERSHIP OF THAT AUTHORITY

ONCE MORE WILL BE -- >> GORZELL: CITY AND COUNTIES REPRESENTATIVES AND

THE TEAMS. >> COURAGE: DO WE KNOW HOW MANY?

>> GORZELL: RIGHT NOW THE TERM SHEET HAS THREE FROM EACH ENTITY.

>> COURAGE: I'VE ALWAYS TOLD PEOPLE WHO'VE ASKED ME ABOUT A STADIUM OR AN ARENA, I'VE ALWAYS TOLD THEM I DO NOT WANT TO SEE ONE CITY PENNY GOING TO PAY TO BUILD A STADIUM OR AN ARENA. AND I THINK THAT THE PLAN THAT'S LAID OUT HERE MEETS THE EXPECTATION I HAD FROM THE POINT OF VIEW OF WE'RE GOING TO BE ABLE TO PAY FOR THIS BECAUSE THERE'S GOING TO BE GROWTH THAT THE DEVELOPMENT TEAM THAT WANTS TO BUILD THE STADIUM IS GOING TO PAY FOR THAT DEVELOPMENT.

THE DEVELOPMENT THEY PAY FOR AROUND THE ARENA -- EXCUSE ME, THE STADIUM -- IS GOING TO INCREASE TAXABLE VALUE TO THE CITY AND INCREASE TAX REVENUE TO THE CITY AND THAT TAX REVENUE IS GOING TO GO TO PAY OFF THE DEBT. RIGHT?

>> GORZELL: THAT IS CORRECT. A LITTLE CAVEAT IS GOING TO GO INTO THAT TAX INCREMENT REINVESTMENT ZONE THAT'S BEEN CREATED AND BEEN IN EXISTENCE SINCE 1999. IT GOES IN THERE AND IT WILL BE USED TO PAY FOR THE DEBT

SERVICE ON THE BONDS. >> COURAGE: IF THAT PROPERTY IS NOT DEVELOPED AND THAT STADIUM DOESN'T GET BUILT, WE DON'T LOSE ANY MONEY, DO WE?

>> COURAGE: NO. WE DO NOT.- WE ONLY GET MONEY TO PAY FOR THE STADIUM INTO THE TIRZ IF THE DEVELOPERS BUILD THE PROPERTY THEY SAY THEY'RE GOING TO BUILD.

>> GORZELL: THAT'S CORRECT. WE DO NOT MOVE FORWARD WITH THE BALLPARK UNLESS THE CONDITIONS ARE MET FOR THOSE FIRST TWO PHASES FOR DEVELOPMENT AND WE HAVE THE GUARANTEES IN PLACE ON THE REVENUE FROM THOSE FIRST TWO

PHASES OF DEVELOPMENT. >> COURAGE: WHAT I REALLY SEE HERE IS SOMETHING I'VE ALWAYS BELIEVED IN SINCE I GOT ON COUNCIL AND THAT IS THAT GROWTH PAYS FOR GROWTH.

AND SO THE GROWTH FROM THE DEVELOPMENT TO CITY REVENUE IS GOING TO BE PAYING FOR THE CONSTRUCTION OF THAT STADIUM. AND I THINK, YOU KNOW, THAT'S VERY ACCEPTABLE TO ME BECAUSE IT'S NOT TAKING A DOLLAR IN ANY PROPERTY OWNER'S TAX BILL TO PAY FOR THIS STADIUM. IT'S THE DEVELOPERS WHO ARE GOING TO PAY FOR IT THROUGH A MECHANISM THAT THE CITY IS PARTNERING WITH PROVIDING FOR THEM. PRETTY MUCH. THAT SOUNDS GOOD TO ME.

THE LAST REAL ISSUE I HAVE IS WITH DISPLACEMENT. AND I THINK IT IS A PROBLEM AND I WOULD LIKE TO SEE A MUCH MORE DETAILED AND COMPREHENSIVE AND A LARGER FINANCIAL INVESTMENT BY THE DEVELOPMENT TEAM IN MAKING SURE THAT THAT DISPLACEMENT DOES NOT HARM ANY OF THE PEOPLE WHO ARE LIVING WITHIN THE AREAS THAT ARE GOING TO BE TORN DOWN AND REPLACED. AND SO I WANT TO SEE THAT BEFORE I WOULD GIVE A FINAL YES, I'M FOR THIS. I DON'T WANT TO SEE ANYONE PUT OUT AT A GREAT EXPENSE TO THEM. AND, YOU KNOW, I THINK WE OUGHT TO HEAR WHAT ARE THE THINGS THAT ARE GOING TO BE BUILT IN THOSE AREAS? IS THERE ALL GOING TO BE APARTMENTS? I HEARD THERE'S GOING TO BE HOTELS AND RESTAURANTS.

I THINK THAT NEEDS TO BE LAID OUT A LITTLE BIT MORE TOO SO THAT WE UNDERSTAND

THE VALUE OF WHAT'S GOING TO BE DEVELOPED. >> MAYOR NIRENBERG: THANK

YOU, COUNCILMEMBER COURAGE. COUNCILMEMBER ROCHA GARCIA. >> GARCIA: THANK YOU, MAYOR. AND THANK YOU TO EVERYONE WHO CAME TO SPEAK UP AND ALSO FOR THE PRESENTATION. I HAVE MORE QUESTIONS THIS GO-AROUND BUT I WANTED TO ACKNOWLEDGE AND THANK BRUCE BECAUSE YOU MENTIONED THE DEADLINE THAT YOU HATE BEING UP AGAINST DEADLINES. I'M A COLLEGE PROFESSOR AND I ALWAYS TELL MY STUDENTS UNLESS YOU'RE BLEEDING OR DYING, YOUR EMERGENCY IS NOT MY EMERGENCY, RIGHT? SO I APPRECIATE THE FACT THAT YOU STARTED OFF OR THAT YOU ACKNOWLEDGED WE'RE IN A

[02:10:04]

AND I WAS HAVING A TEAM CONVERSATION AND ONE OF MY TEAM MEMBERS REMINDED ME, COUNCILMAN, IT'S SO EXPENSIVE TO BE POOR. AND SO RESETTING THE FOCUS ON THE CONVERSATION AND STARTING WITH THAT. I JUST WISH THAT WE WOULD HAVE -- FROM THE CITY STAFF PERSPECTIVE, AND BEN GORZELL AND TROY ELLIOTT I LOVE AND APPRECIATE THE WORK YOU DO ON A DAILY BASIS -- BUT I KIND OF WISH WE WOULD HAVE HAD A MUNICIPAL MANAGEMENT DISTRICT OR DEVELOPMENT AUTHORITY CREATED WHEN THE HOSPITAL ON THE SOUTH SIDE CLOSED. THAT WOULD HAVE BEEN CREATIVE TO FIGURE OUT WHO COULD COME IN AND INVEST IN SOMETHING THAT CAN BENEFIT ALL OF THE MEMBERS AND, AT-LARGE, THE ENTIRE CITY BECAUSE WE KNOW THAT THE SOUTHSIDE WORKERS WORKING ON THE NORTH SIDE AS REFERENCED BY SOME OF THE FOLKS YOU HEARD EARLIER TODAY. WITH THAT, I JUST WANT TO FOCUS IN ON THE COMMITMENT TO MAKING SURE THAT THOSE RESIDENTS ARE CURRENTLY LIVING AT THE SOAP WORKS APARTMENT HAVE A PLAN TO RELOCATE AND WE HAVE SOME ASSISTANCE OFFERED.

I WAS A LITTLE BIT DISAPPOINTED AT THE DISPLACEMENT PLAN BECAUSE IT'S ONLY LIKE FOUR SENTENCES. TO ME, SOMETHING THIS BIG, SOMETHING THAT IS A GAME CHANGER FOR OUR COMMUNITY SHOULD HAVE A LITTLE BIT MORE WORK ON IT. AND SO OUR RESIDENTS ARE GOING TO HAVE TO SUBMIT A LOT OF PAPERWORK. THEY'RE GOING TO HAVE TO PACK UP THEIR BELONGINGS AND LEAVE, IT SEEMS LIKE TWICE. I DON'T UNDERSTAND -- I'M REFERENCING THE PAGE 17 WHERE IT SAYS THEY ARE GOING TO BE ABLE TO MOVE TO 600 AND 601 NORTH SANTA ROSA AND THEY'LL BE ABLE TO MOVE IN 2027 TO 601. I'M NOT UNDERSTANDING WHY THEY HAVE TO MOVE TWICE. I'M ALSO NOT UNDERSTANDING THE $2500.

IS THAT WHAT THE COST IS? ALTHOUGH I WOULD LOVE TO HAVE MS. CRUZ LIVE IN THE LACKLAND AREA AND BE A D4 RESIDENT, I UNDERSTAND SHE WORKS OFF OF 2021 AND 1604 AND THAT IT'S MORE CONVENIENT FOR HER TO LIVE DOWNTOWN .

I WOULD BE AFRAID SHE WOULD HAVE TO WAKE UP AT 4:00 A.M. WHERE THERE'S NO SIDEWALKS, VERY LITTLE TRANSPORTATION ACCESSIBILITY FOR HER TO GET OVER TO THE AREA OF TOWN WHERE SHE WORKS. AND SO IT'S ESPECIALLY SENSITIVE CONSIDERING THE HISTORY OF SOAP WORKS. BACK IN 2018 THEY WERE SOLD TO A NEW BUSINESS AND THERE WAS SUBSTANTIAL COVERAGE CREDIT TO THE MEDIA ON THE DISPLACEMENT THAT OCCURRED AND WITH THE RISING RENTS AND FEES. UNFORTUNATELY, THIS AREA HAS BECOME SYMBOLIC OF DISPLACEMENT AND SO I WANT TO JUST BE VERY CAREFUL AND MAKE SURE THAT WE HAVE OUR RESIDENTS, ESPECIALLY THE ONES THAT TOOK THE OPPORTUNITY TO COME AND SPEAK TODAY. AND I'M VERY IMPRESSED WITH YOU. I WISH YOU WERE ONE OF MY STUDENTS AT OUR LADY OF THE LAKE. YOU SPOKE VERY WELL. YOU SPOKE IN REPRESENTATION OF A LOT OF FOLKS AND THEN ALSO LUIS. I'M PROUD YOU WERE ABLE TO GET HOME. THAT YOU WERE ABLE AND I HOPED YOU WOULD BE WORKING WITH OTHERS REPRESENTING AND MAKING SURE THEY HAD A PLACE TO STAY.

WITH THAT SAID, I FEEL LIKE THERE'S AN OPPORTUNITY STILL TO HELP THESE RESIDENTS A LITTLE BIT MORE. THERE'S 145 UNITS THAT ARE DESIGNATED, ACCORDING TO THE PLAN. I WISH THAT WE COULD HAVE ENOUGH HOUSING NAVIGATORS TO HAVE A PLAN FOR EACH ONE OF THOSE FAMILIES. I WISH THAT WE COULD DEDICATE THAT IN THE TERM SHEET. BY THE WAY, I ASKED ANDY FOR A COPY BECAUSE I COULDN'T DOWNLOAD EXHIBIT A. IT SEEMS TO BE A LOCKED DOCUMENT AND SO I WANT TO MAKE SURE THAT I LOOK AT THAT ONE ENTIRELY.

BEYOND THAT -- AND THAT'S THE MOST IMPORTANT THING. SOME OF THE MOST IMPORTANT CONCERNS. THE DISPLACEMENT AND SPECIFICALLY WHY THEY'RE MOVING TWICE. WHY WAS $2500, WHAT WE'RE TAKING ACCOUNT INTO THAT.

BEYOND THAT, THE RESIDENTS THAT WE REPRESENT AS A WHOLE HERE IN THE CITY, THEY APPRECIATE $5, $10 PARKING THAT GRACIELA REFERENCED EARLIER.

THEY APPRECIATE THE $2 NIGHTS. THAT'S WHEN WE GET THE MOST PEOPLE AT THE MISSION BALLGAMES. OR WHEN WE HAVE DAVID ROBINSON NIGHTS. THAT TYPE OF PROMOTION. I ASKED THIS LAST GO-AROUND AND I ASKED WILL THERE BE PARKING AND I WAS TOLD THERE'S PLENTY OF PARKING.

I ASKED WILL DOWNTOWN TUESDAY CONTINUE? CAN THEY PARK IN THESE AREAS? I DON'T THINK THAT IT'S AFFORDABLE FOR A LOT OF THE RESIDENTS THAT WE REPRESENT UP HERE TO BE ABLE TO PARK AND ATTEND.

AND WHEN WE TAKE INTO ACCOUNT THAT A LOT OF RESIDENTS HAVE SIX FAMILY

[02:15:04]

I'VE OFTEN SAID THE ONE PLACE THAT MY FAMILY WOULD TAKE ME TO WHEN I WAS LITTLE, BECAUSE THEY COULDN'T ACIN AFFORD IT IS THE ZOO.

HOW ARE WE COMPARING OURSELVES TO THE MOST AFFORDABLE ATTRACTION WOULD BE SOME OF THE THINGS I HAVE. ALSO, WHAT IS THE MONEY AMOUNT THAT WE'RE INVESTING IN SMALL BUSINESSES THAT WE'LL BE ABLE TO COME AND SELL IN THE BALLPARK WHEN IT COMES UP? IS THERE AN OPPORTUNITY TO TIE IT INTO THE DEAL, ERIK, IN THE TERM SHEET, THAT WE WILL ACKNOWLEDGE THE USE OF LOCAL VENDORS, ET CETERA, RIGHT? AND SO I'M JUST TRYING TO SEE HOW ELSE WE CAN HAVE OUR COMMUNITIES BENEFIT DIRECTLY.

COUNCILWOMAN CASTILLO, COUNCILWOMAN HAVRDA AND I WERE AT AN EVENT TUESDAY NIGHT AND IT WAS REVOLVING AROUND THE BUDGET AND SMALL BUSINESSES.

HOW CAN WE MAKE SURE THAT THEY HAVE A SEAT AT THE TABLE AS WELL BECAUSE THEY'RE THE ONES THAT EMPLOY A MAJORITY OF OUR RESIDENTS. AND SO THAT TYPE OF COST I'M LOOKING FOR. WHAT ARE THE COSTS ASSOCIATED BUT ALSO WHAT IS THE ROI? WHO HAS THE LARGER ROI HERE? IS IT OUR RESIDENTS OR IS IT THE MISSIONS? WHO IS GOING TO GET THE BETTER ROI HERE AT THE END OF THE DAY? FINALLY, I WANT TO ACKNOWLEDGE THAT THERE WERE SOME GOOD CONVERSATION STARTERS WITH THE INFORMATION THAT COPS/METRO PASSED OUT. I HOPE YOU ALL GOT A COPY BUT IF NOT I'LL MAKE SURE TO GET YOU ALL ONE. BUT SO THEY HAD SOME GOOD RECOMMENDATIONS IN THERE AND SO THE FACT THAT THEY'RE ASKING FOR RELOCATION OF SOAP FACTORY RESIDENTS TO EQUIVALENT AFFORDABLE HOUSING DOWNTOWN -- I'M STRESSING THAT DOWNTOWN PART --.

WE HAVE A LOT OF HOSPITALITY WORKERS THAT LIVE AND WORK HERE AND SO THAT'S A MAJOR PART OF THE SAN ANTONIO ECONOMY AND SO FOR ME THAT'S IMPORTANT TO KEEP THEM HOUSED HERE. REQUIRING RENTAL HOUSING CREATED THROUGH THE USE OF TIRZ TO INCLUDE A PROVISION FOR AFFORDABLE HOUSING THAT'S EQUIVALENT IF NOT.

THAT IS CRITICAL. THAT'S WHAT I WOULD HOPE TO SEE IN THAT TERM SHEET.

WE ALSO SAW IN THE MOU, I BELIEVE, IT REFERENCES $18 AN HOUR JOBS.

THAT'S IN 2024 STANDARDS. SO I WOULD HOPE THAT IT'S EQUIVALENT OR TIED DIRECTLY TO THE CITY'S LIVING WAGE PROVISION. AND THEN ALSO I APPRECIATE THE FACT THAT THE ALLOWANCE, THE $2500 MOVING ALLOWANCE WILL HELP SOME RESIDENTS.

BUT I HOPE WE WOULD ALSO TAKE INTO ACCOUNT THE TIME THAT IT'S GOING TO TAKE THEM TO BE AWAY FROM THEIR JOBS, THAT WE WOULD WORK MAYBE WITH OTHERS TO SEE WHO CAN HELP, WHAT KIND OF COMMUNITY ORGANIZATIONS CAN STEP UP AND HELP THESE RESIDENTS.

BUT, AGAIN, TO THE POINT I DON'T SEE WHY THEY WOULD HAVE TO MOVE TWICE.

WOULD IT JUST BE EASIER FOR THEM TO MOVE INTO 601 INSTEAD OF HAVING TO MOVE TWICE AND SAVE SOME ADDITIONAL STRESS HOURS THERE.

BUT OTHER THAN THAT -- AGAIN, I APPRECIATE, BEN, HOW CREATIVE YOU'VE BEEN.

I THINK WE DO NEED TO HAVE REINVESTMENT IN DOWNTOWN. I THINK DOWNTOWN HAS BEEN SLEEPY FOR A WHILE. WE NEED SOME ADDED ENTERTAINMENT, ACCESS, ET CETERA. I DON'T THINK IT COULD BE AT THE COST OF THE PEOPLE WHO LITERALLY MAKE OUR ECONOMY GO AROUND, AND THOSE ARE THE HOSPITAL WORKERS, RESTAURANT WORKERS, HOTEL WORKERS. THOSE ARE THE PEOPLE WHO HELP GENERATE OUR HOT TAX.

WHO HELP WITH THE ISSUE OF HOMELESSNESS THEMSELVES. I WOULD STILL LIKE TO HEAR ANSWERS TO ALL OF THOSE QUESTIONS AND LEARN A LITTLE BIT MORE OF HOW WE CAN ENGAGE THE RESIDENTS AS A WHOLE. THANK YOU.

THANK YOU, MAYOR. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER ROCHA

GARCIA. COUNCILMEMBER CASTILLO. >> CASTILLO: THANK YOU, MAYOR. AND THANK YOU, RANDY AND TEAM FOR THE PRESENTATION.

HEARING THE CONVERSATION, THE QUESTIONS ASKED WHAT I THINK IS SMOKE AND MIRRORS AND THE GYMNASTICS IN WHICH THE QUESTIONS ARE ASKED TO GET COVERAGE THAT CITY DOLLARS ARE NOT GOING TOWARDS THIS PROJECT IS IMPRESSIVE.

WITH THAT, RIGHT, I THINK IT'S DISINGENUOUS TO SAY NO CITY DOLLARS ARE GOING TOWARDS THE CONSTRUCTION OF THIS PROJECT BECAUSE IF THE TIRZ DIDN'T EXIST, THOSE DOLLARS WOULD BE CAPTURED BY THE CITY AND THEN CAN FUND PARK IMPROVEMENTS, STREET, SIDEWALKS, THE THINGS THAT MY CONSTITUENTS CALL AND ASK ME TO INVEST IN.

SO I THINK NOT ACKNOWLEDGING THAT THAT TIRZ IS CAPTURING MONEY THAT COULD BE GOING

[02:20:06]

I KNOW YOU MENTIONED THE SAN PEDRO WOULD BE AN AUTHORITY BOARD MADE UP OF TEAM OWNERSHIP. IS THERE OPPORTUNITY TO HAVE ELECTEDS FROM THE CITY AND COUNTY ON THAT AUTHORITY AS WELL? I BRING THAT UP BECAUSE ON PAGE 3 IT SAYS THE FACILITY WILL BE OWNED BY THE AUTHORITY FOR THE PUBLIC BENEFIT AND I THINK IT'S IMPORTANT TO HAVE REPRESENTATION THAT THE PUBLIC CAN HOLD ACCOUNTABLE. THAT HAVE BEEN ELECTED BY THE PUBLIC.

>> GORZELL: COUNCILWOMAN, I MAY NOT BE ABLE TO FIND THE PAGE VERY QUICKLY BUT THE BOARD OF DIRECTORS FOR THE AUTHORITY WILL INCLUDE THREE REPRESENTATIVES FROM THE TEAM, THREE REPRESENTATIVES FROM THE CITY, AND THREE

REPRESENTATIVES FROM THE COUNTY. >> CASTILLO: THANK YOU.

AND THE DOCUMENTS THAT ARE LOCKED, HAS COUNCIL BEEN BRIEFED ON THOSE DOCUMENTS

THAT THE COUNCILWOMAN CITED? >> GORZELL: I'M GOING TO GO BACK AND CHECK, COUNCILWOMAN. I'M NOT AWARE THAT ANYTHING GOT LOCKED.

COUNCILWOMAN ROCHA GARCIA MENTIONED EXHIBIT A. EXHIBIT A IS THE PROPOSED

DEVELOPMENT TABLE THAT I HAD ON SLIDE 3, I THINK. >> CASTILLO: I WANTED TO

BE CLEAR IF WE RECEIVED ALL THE DOCUMENTATION OR NOT. >> GORZELL: WE UPLOADED THE MOU AND TERM SHEET TO THE AGENDA SYSTEM LAST NIGHT SO BOTH THE MEMORANDUM OF UNDERSTANDING AND THE ATTACHED TERM SHEET WERE LOADED ON FRIDAY.

I WILL DOUBLE CHECK. I'M NOT SURE WHAT THAT ISSUE IS.

>> CASTILLO: ON PAGE 6 IT SAYS CITY MAKES AN ANNUAL MAINTENANCE PAYMENT OF $500,000 PAID TO THE AUTHORITY. IT DOESN'T SAY THE HOUSTON STREET TIRZ, IT SAYS THE CITY OF SAN ANTONIO SO IS THERE AN ERROR THERE? I WANT TO ENSURE THAT IT'S NOT COMING OUT OF THE CITY'S GENERAL FUND AND THAT IT

DOESN'T HIGHLIGHT IT'S COMING OUT OF THE TIRZ. >> GORZELL: IF YOU LOOK AT PAGE NUMBER 4 UNDER THE REQUEST FOR THE CITY, IT TALKS ABOUT US CONTINUING OUR 100% OF THE TAX INCREMENT. $500,000 TO THE MAINTENANCE AND

IT IS THE HOUSTON STREET TIRZ. >> CASTILLO: I JUST WANTED CLARIFICATION BECAUSE I HAVE READ THROUGH IT AND I DO SEE THERE ARE COMPONENTS THAT DO SAY CITY OF SAN ANTONIO THROUGH HOUSTON STREET TIRZ. AND THIS PIECE DOESN'T HAVE THAT. THANK YOU FOR THE CLARIFICATION.

A COUPLE OF DIFFERENT PIECES. AGAIN, GOING BACK TO THE WHOLE TIRZ PIECE. I HEARD SOMEONE MENTION THIS WOULD BE GOOD FOR THE WEST SIDE. THIS IS ACTUALLY DIVESTING FROM THE WEST SIDE BY CARVING OUT TIRZ PROPERTIES FROM THE WEST SIDE. WHAT WE'RE SEEING ARE PARCELS THAT ARE GOING TO SEE AN INCREASE OF TAXABLE VALUE THAT ARE NOW GOING TO BE DIVESTED FROM THE WEST SIDE. SO I ASK FOLKS TO, YOU KNOW, DO A LITTLE HOMEWORK ON URBAN HISTORY AND PLANNING -- NOT YOU, BEN.

BUT JUST TO HIGHLIGHT THAT THAT'S DIVESTMENT FROM MY DISTRICT THAT HAS BEEN HISTORICALLY DIVESTED FROM. TO ARGUE THAT IT'S GOOD FOR MY COMMUNITY IS EXTREMELY INSULTING AND IT'S JUST BASIC MATH. YOU'RE REMOVING FROM THE WEST SIDE AND MOVING IT DOWNTOWN. I UNDERSTAND WHERE THOSE PARCELS SIT BUT ULTIMATELY THAT FUNDING REMOVES THE POTENTIAL OPPORTUNITY FOR US TO CONTINUE TO INVEST IN PROJECTS IN THE LARGER SCOPE WITHIN THE WESTSIDE TIRZ BOUNDARIES. FURTHER, I DO SHARE THE SIMILAR CONCERN REGARDING THE $18 MINIMUM WAGE. WITHIN THE AGREEMENT IT HAS $18.

SHOULD THAT BE STRUCK OUT AND REMAIN CONSISTENT WITH THE CITY'S MINIMUM WAGE?

>> GORZELL: WE'LL CLARIFY THAT. OUR CONVERSATION HAS ALWAYS BEEN IT WOULD BE THE CITY'S ENTRY WAGE. WE INSERTED THE $18.

IT WASN'T INTENDED TO SAY IT WILL LOCK IN AT THAT. AS OUR ENTRY WAGE MOVES,

THEIRS WILL MOVE. >> CASTILLO: THANK YOU FOR THAT CLARIFICATION.

AT THE GRAND HYATT IT'S FIXED AT $15 AND THEY HAVE HAD ISSUES INCREASING THAT WAGE AND THE COST OF LIVING DOWNTOWN HAS CONTINUED TO GO UP.

ON PAGE 10 IT MENTIONS PROMOTE -- WHAT WILL CONNECTING FOLKS TO SERVICES LOOK LIKE? I'M THINKING OF THE GREEN SPACE THAT YOU ALL INTEND TO HAVE ACCESSIBLE TO THE PUBLIC . IF THERE'S AN UNHOUSED INDIVIDUAL, WHAT WILL CONNECTING FOLKS TO SERVICES LOOK LIKE? WILL IT BE SWEEPING FOLKS TO THE WEST SIDE? WHAT WILL THAT OUTREACH LOOK LIKE IN THE CASE THAT FOLKS ARE IN THE PUBLIC-PRIVATE SPACE YOU ARE PROPOSING?

>> HOUSTON: ONE OF THE THINGS WE ARE DOING IS WORKING WITH CENTRO ON EXPANDING THE PID TO COVER THIS AREA. WITH THAT WOULD INCLUDE QUALITY OF LIFE AMBASSADORS WHO ARE CONNECTED TO OUR HOMELESS RESPONSE SYSTEM.

SO IF THERE'S A HOMELESS INDIVIDUAL IN NEED, THAT QUALITY OF LIFE AMBASSADOR

[02:25:03]

OF OUR OUTREACH WORKERS. >> CASTILLO: I APPRECIATE THAT.

THE CONCERN THAT I HAVE IS FOLKS IN THE INNER WEST SIDE WITHIN THE GARDENDALE COMMUNITY, IN PARTICULAR, HAVE CONCERN THAT CENTRO HAS BEEN SWEEPING FOLKS FURTHER TO THE WEST SIDE. WITH THIS NEW FACILITY WHERE THERE ARE UNHOUSED FOLKS, WHERE WILL THOSE FOLKS GO? WILL THEY BE SWEPT TO THE WEST SIDE OR WHAT ARE Y'ALL'S VALUES OR PRINCIPLES ON THAT ISSUE? IT'S A QUESTION FOR THE

TEAM. >> HOUSTON: I DO WANT TO STRESS THAT CENTRO WILL NOT BE SWEEPING TO THE WEST SIDE. CENTRO'S GOAL IS TO CONNECT

THEM TO SERVICES, TO GET THEM ASSISTANCE AND SHELTER. >> YES, MA'AM.

I DON'T HAVE MUCH MORE TO ADD TO WHAT LORI SAID. WE DO WORK HAND IN HAND WITH CENTRO, ESPECIALLY THE BLUE-SHIRTED QUALITY OF LIFE AMBASSADORS.

>> CASTILLO: ON PAGE 10 OF THE AGREEMENT IT MENTIONS POTENTIALLY USING UTILITY WAIVERS. HOW MUCH IN UTILITY WAIVERS DO WE ANTICIPATE WILL BE

USED ON THIS PROJECT? >> GORZELL: WHAT PAGE? >> CASTILLO: PAGE 10.

>> GORZELL: I THINK MY PAGE NUMBERS ARE DIFFERENT. WHAT WAS YOUR QUESTION?

>> CASTILLO: THE AGREEMENT MENTIONS ANTICIPATING USING UTILITY FEE WAIVERS.

HOW MUCH DO WE EXPECT THIS PROJECT TO COST IN UTILITY FEE WAIVERS?

>> GORZELL: IF WE'RE TALKING ABOUT THE SECTION THAT MENTIONS -- THE SECTION THAT TALKS ABOUT EXPLORING THE POTENTIAL FOR FEE WAIVERS?

>> CASTILLO: YES. >> GORZELL: YEAH. ALL WE DID WAS INCLUDE LANGUAGE SAYING WE WOULD LOOK AT THAT. WE HAVEN'T EVEN DETERMINED WHAT LEVEL OF FEE WAIVER THERE WOULD BE OR -- I'M SORRY.

HOW MUCH OF A FEE THERE WOULD BE RELATED TO EITHER PERMITTING, IMPACT FEES, THOSE KINDS OF THINGS. IT'S JUST SIMPLY SOMETHING THAT SAYS WE'RE WILLING TO TALK AND LOOK AT IT. WE HAVE NOT EVEN DEFINED THE NUMBER.

>> CASTILLO: THANK YOU, BEN. SEEING THAT THERE'S A $2 TICKET FEE PLEDGED TOWARDS THE DEBT SERVICE. SO I WANT TO GO TO THE BASEBALL GAME. I BUY A TICKET. I'M GOING TO HAVE A $2

TICKET FEE. IS THAT CORRECT? >> GORZELL: THAT'S

CORRECT. >> CASTILLO: THE PUBLIC IS GOING TO SUBSIDIZE THIS

PROJECT WITH THE $2 FEE? >> GORZELL: THE $2 FEE WILL BE ADDED TO EVERY BASEBALL GAME AND EVERY TICKETED EVENT WHERE SOMEONE IS PAYING.

THAT $2 WILL BE ADDED TO THE TICKET. THAT'S CORRECT.

>> CASTILLO: OKAY. AND THEN ON STRATEGIC SAFETY PLAN AS PART OF CONSIST OF THAT COMMITTEE FOR THE STRATEGIC SAFETY PLAN?

HAS THAT BEEN DEVELOPED OR NOT YET? >> GORZELL: NOT SPECIFICALLY BUT IT WOULD BE OBVIOUSLY WE WOULD INVOLVE OUR INTERNAL CITY TEAM WOULD BE WORKING WITH THE TEAM. I THINK WE'LL PROBABLY INVOLVE CENTRO.

THERE WILL BE OTHER STAKEHOLDERS THAT WE'LL TALK ABOUT IN TERMS OF THE

TRAFFIC AND SECURITY PLAN. >> CASTILLO: OBSERVING THE TREND OF ITEMS THAT WE RECENTLY APPROVED WITH CENTRO IN PARTICULAR, HAVE A LOT OF PUBLIC SAFETY ITEMS THAT ARE VERY EXPENSIVE. SO WHILE IT'S NOT INCLUDED IN THE SAFETY PLAN NOW, IS THE FACT THAT WE MAY HAVE TO CONTINUE TO INCREASE TO SUPPORT PD FOR PD OVERTIME, WHICH IS A COST TO OUR TAXPAYERS. SO I ALSO WANT TO BE SURE THAT WHILE IT'S NOT NECESSARILY THE CONSTRUCTION OF THE BUILDING, THERE'S GOING TO BE SOME SUPPORTIVE AMENITIES NECESSARY THAT ARE GOING TO BE FUNDED THROUGH THE GENERAL FUND, OVERALL INCREASING THE BURDEN ON TO TAXPAYERS.

SO I JUST WANT TO EMPHASIZE THAT THERE'S PIECES THAT AREN'T NECESSARILY ACCOUNTED FOR IN THIS THAT WE'RE GOING TO HAVE TO CONSIDER UPON COMPLETION OF THIS PROJECT.

>> GORZELL: SO THERE ARE A COUPLE OF THINGS THAT I'LL TOUCH ON THERE.

THE SECURITY INSIDE THE BALLPARK IS THE TEAM'S RESPONSIBILITY.

>> CASTILLO: YES. >> GORZELL: THAT WOULD HAPPEN OUTSIDE OF THAT.

AS WE DEFINE THAT AND WE LOOK AT THE COST THEN WE'LL TALK ABOUT WHAT THAT LOOKS LIKE IN TERMS OF HOW THAT GETS FUNDED AND HOW THAT GETS PAID FOR.

>> CASTILLO: THANK YOU FOR THAT, BEN. AND ALL THAT TO SAY IS, AGAIN, IT'S DISINGENUOUS -- NOT YOU BUT THE WAY IN WHICH QUESTIONS ARE BEING ASKED TO PROVIDE COVERAGE THAT TAXPAYERS ARE NOT PAYING FOR THIS PROJECT WHEN INDEED

THEY ARE. THANK YOU, MAYOR. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER CASTILLO. COUNCILMEMBER ALDERETE GAVITO.

>> GORZELL: CAN I GO BACK TO A COUPLE OF TRACKS MOVING FROM WEST SIDE TO HOUSTON STREET. WE DID SOME ANALYSIS AROUND THAT AND LED TO THE RECOMMENDATION TO INCREASE THE PARTICIPATION RATE, OUR TAX RATE FROM 90% TO 100%.

[02:30:01]

SO THE TIRZ OVERALL IS ABOUT $230,000. I KNOW THAT DOESN'T ANSWER THE QUESTION ABOUT FUTURE DEVELOPMENT OPPORTUNITIES BUT THESE WERE TRACTS OWNED BY THE DEVELOPER THAT THE NEW DEVELOPMENT IS PROPOSED TO BE CONSTRUCTED ON .

WE TALKED ABOUT MOVING THEM OVER FROM THE BOND FINANCING AND TRYING TO GET INTO A SINGLE PLEDGE AND BEING MORE EFFICIENT. WE DID LOOK AT HOW DO WE OFFSET THAT AND ONE OF THE RECOMMENDATIONS IS TO INCREASE IT FROM 90 TO 100.

>> CASTILLO: TO THAT POINT, HOW COME WE HAVEN'T INCREASED IT TO 100% IN THE PAST AND WHY NOW? AND THEN SOMETHING THAT I'VE HEARD FROM MY CONSTITUENTS IS THAT IF THEY CAN CHOOSE TO ONLY HAVE THEIR PROPERTY TAXES GO TO THEIR NEIGHBORHOOD, THEY WOULD. AND WHY DOES THIS BILLIONAIRE AND HIS MILLIONAIRE FRIENDS HAVE THE ABILITY TO JUST CONTINUE TO FEED THEMSELVES AT THE COST OF FOLKS WHO HAVE THEIR NEEDS AND REQUEST FOR STREETS, SIDEWALKS, DRAINAGE, SO ON AND SO FORTH. THANK YOU, BEN.

>> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER CASTILLO. COUNCILMEMBER ALDERETE

GAVITO. >> GAVITO: THANK YOU FOR THIS PRESENTATION.

I THINK THIS SOUNDS LIKE AN EXCITING OPPORTUNITY FOR GROWTH, ESPECIALLY IN AN AREA OF DOWNTOWN THAT CURRENTLY SITS EMPTY. I'M GLAD WE HAVE A PLAN TO MAKE SURE THAT THE RESIDENTS OF THE SOAP FACTORY ARE TAKEN CARE OF, ESPECIALLY THOSE IN LOW-INCOME HOUSING. I'M HEARING FROM MY COLLEAGUES THEY SAY WE NEED TO DO MORE, SO HOPEFULLY WE CAN MEET THE REQUEST. THE BIGGEST THING I WANT TO POINT OUT IS WE NEED TO MAKE SURE COMMUNICATION TO OUR RESIDENTS ARE FREQUENT AND TRANSPARENT. I FULLY UNDERSTAND THE SKEPTICISM OF RESIDENTS WHO ARE HERE TODAY TO SPEAK AGAINST, INCLUDING MEMBERS OF COPS/METRO.

I DO AGREE WITH COUNCILWOMAN CASTILLO WHEN WE USE LINES TO SAY HOW THIS WILL BE BENEFICIAL TO THE WEST SIDE WHEN WE'RE MOVING PARCELS FROM THE WESTSIDE TIRZ TO THE HOUSTON STREET TIRZ, PEOPLE CAN SEE THROUGH THAT. WE NEED TO MAKE SURE COMMUNICATION IS SIMPLE AND CLEAR SO THAT RESIDENTS WHO ARE NOT PAYING ATTENTION TO THIS ISSUE EVERY DAY CAN UNDERSTAND HOW THIS DEAL IS GOING TO GET DONE.

THERE WERE A COUPLE OF THINGS MENTIONED TODAY THAT WERE GREAT NUGGETS OF INFORMATION TO SHARE WITH RESIDENTS. BEN, YOU OUTLINED HOW THIS DEAL IS GOING TO GET PAID. AND I DO THINK IT'S EXTREMELY IMPORTANT BECAUSE YOU CAN SEE FROM SOME OF OUR CONVERSATION TODAY HOW THERE'S CONFUSION OR IT'S NOT CLEAR IF RESIDENTS ARE GOING TO BE FOOTING THE BILL OR NOT.

WHEN YOU DISCUSS THE DIFFERENT PHASES, THOSE FOUR PHASES AND THE GUARANTEES WE HAVE IN PLACE, I THINK THAT IS A MESSAGE WE NEED TO SHARE WITH RESIDENTS.

OR ERIK MENTIONED DURING THE MAYOR'S COMMENTS THAT THERE WON'T BE ANY WORK DONE ON THE BALLPARK UNTIL THOSE PHASES ARE LINED UP. TO ME THOSE ARE THINGS WE NEED TO LET RESIDENTS KNOW ABOUT BECAUSE THERE IS, YOU KNOW, A RISK.

WE HAVE SEEN SOME PROJECTS DONE IN THE PAST AND ULTIMATELY IT HASN'T GONE THE WAY WE WANT. I UNDERSTAND THAT SKEPTICISM AND WE NEED TO MEET RESIDENTS WHERE THEY ARE, WHERE THERE IS DISTRUST AND LET THEM KNOW THIS WILL BE A GOOD THING FOR SAN ANTONIO. I FEEL WHEN WE'RE CLEAR AND TRANSPARENT, THAT WILL BENEFIT ALL OF US AND PUSH THIS PROJECT FORWARD ON THE PATH TO SUCCESS.

THAT'S ALL I HAVE, MAYOR. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER ALDERETE GAVITO. COUNCILMEMBER CABELLO HAVRDA.

>> HAVRDA: THANK YOU, MAYOR. THANK YOU TO EVERYBODY WHO CAME TO SPEAK WITH US TODAY AND APPRECIATE ALL MY COLLEAGUES' COMMENTS.

THERE'S SOME PATHWAYS HERE THAT I THINK WERE UNCLEAR AND SO I ALSO DO THINK WE SHOULD MAKE SURE WE'RE BEING AS TRANSPARENT AS POSSIBLE. I'M COMING FROM A PERSPECTIVE OF WHERE THE CURRENT BASEBALL STADIUM IS. I'VE HAD A LOT OF TIME TO MEET AND TALK WITH THE MEMBERS OF THE OWNERSHIP GROUP, A LOT OF TIME TO SPEAK WITH THE EDGEWOOD COMMUNITY AND I REALLY APPRECIATE THAT THEY'RE LOCAL AND THAT I'VE COME TO APPRECIATE THEIR VISION. I'VE SAID THIS STORY PUBLICLY BEFORE BUT I WANT TO MAKE SURE THAT EVERYBODY REALLY UNDERSTANDS THAT THEY TOOK TIME TO GO WITH ME TO EDGEWOOD COMMUNITY AND SIT IN THE DRIVEWAYS OF LIFELONG EDGEWOOD MEMBERS, GO TO THEIR BUSINESSES, WENT TO THE STADIUM AND REALLY WALKED THE STREETS OF THE AREA TO SEE WHAT THAT AREA NEEDED AND WHAT WAS GOING TO HAPPEN IF AND WHEN THE STADIUM -- NOT THE STADIUM BUT THE MISSION'S MOVE

[02:35:04]

NOW THE ISSUE TO WHERE THEY'RE GOING IS A SEPARATE ISSUE BUT WHAT WE REALLY SAW --N ABOUT THIS. WHEN I HEARD THEY WERE TALKING ABOUT MOVING THE MISSIONS DOWNTOWN, I WAS PRETTY UPSET. I DIDN'T WANT TO LOSE BASEBALL OUT OF OUR AREA OF TOWN. BUT I STARTED TO SEE IT AS AN OPPORTUNITY AND THAT'S REALLY WHERE MY COMMUNITY NOW SEES IT, WHERE EDGEWOOD SEES IT. THEY'RE SEEING THAT OPPORTUNITY OF 42 ACRES.

WE NEED JOBS AND DEVELOPMENT THERE. WE NEED A SENIOR CENTER THERE. WE NEED MULTIGENERATIONAL COMMUNITY CENTER.

MAYBE EVEN A PLACE WHERE THE EDGEWOOD PONY LEAGUE, WHO HAS A LOT OF DIFFICULTY WITH THEIR FIELDS, CAN PLAY BASEBALL. TO ME IT'S BEEN AN INCREDIBLE OPPORTUNITY TO THE COMMUNITY THAT'S THERE. IT'S BEEN AN INCREDIBLE OPPORTUNITY AND AS OUR COMMUNITY GROWS, EDGEWOOD A LOT OF TIMES GETS LEFT BEHIND SO THIS IS A TREMENDOUS OPPORTUNITY FOR THEM TO PARTICIPATE IN THAT GROWTH. I MENTIONED TOO THAT WE ALL KNOW THAT THE DODGERS -- THE MISSIONS USED TO PLAY AND IT WAS TIME TO GROW AND THEY MOVED TO WOLFF STADIUM AND IT'S TIME TO GROW AGAIN. I DO BELIEVE THAT I HEARD THE HOUSING PLAN LAID OUT PRETTY WELL HERE TODAY. SPECIFICALLY THE OPPORTUNITIES TO MOVE BUT THEN THE INCENTIVES, THE FINANCIAL INCENTIVES -- MAYBE NOT BUT SUBSIDIES TO MOVE IN DIFFERENT KIND OF AREAS. I THINK MAYBE THERE ARE SOME DETAILS THAT PEOPLE WANT TO HEAR. I'VE ALSO HEARD CRITICISM THAT THERE WOULDN'T BE THE COMMUNITY NIGHTS. CAN YOU VERIFY THAT THERE WILL BE COMMUNITY NIGHTS, LOW-DOLLAR OR LOW-COST COMMUNITY NIGHTS FOR

MISSIONS FANS, IF THERE IS A NEW STADIUM. >> YES, MA'AM.

THERE WILL ALWAYS BE COMMUNITY NIGHTS. WE CARE.

WE DON'T WANT TO LOSE ANY OF THE PEOPLE THAT ARE OUR LIFELONG FANS OUT THERE.

WE WANT THEM TO COME TO A NEW FACILITY. A FAMILY OF FOUR CAN SHOW UP TUESDAY NIGHT FOR $8. I'D LIKE -- THERE'S NOT TOO MANY PLACES YOU CAN GO AND DO SOMETHING ENTERTAINING FOR SEVERAL HOURS. FOR A FAMILY OF FOUR AND

FEED THEM, $60 ON A NORMAL NIGHT. >> HAVRDA: AND THAT'S WHY WE DO GET SOME MOVEMENT OUT THERE IN EDGEWOOD WHERE THE CURRENT STADIUM IS.

THERE'S ALSO SOME TALK ABOUT PARKING. I'M SURE WE CAN WORK THAT OUT, FIGURE OUT HOW IT'S ACCESSIBLE AND LOW COST FROM THE MOMENT THEY GET TO THE STADIUM TO THE MOMENT THEY LEAVE. AND I THINK ANOTHER THING THAT I'M NOT SURE HAS BEEN ENTIRELY LOST HERE IS WE'RE NOT LOOKING TO MOVE A STADIUM DOWNTOWN AND THEN HOPE AND PRAY THAT DEVELOPMENT GROWS.

THAT'S BEING BUILT INTO THE PLAN. THAT'S WHAT DIDN'T HAPPEN MANY YEARS AGO WITH NELSON WOLFF STADIUM. I REMAIN IN SUPPORT OF THE PROJECT. I'VE DONE A SURVEY. MY OWN KIND OF SURVEY.

IT'S NOT A SCIENTIFIC POLL HERE BUT ESPECIALLY IN MY COMMUNITY HAS BEEN VERY SUPPORTIVE. I DO WANT TO MAKE SURE WE'RE ADDRESSING THE CONCERNS THAT HAVE BEEN HEARD TODAY, EVEN IF THEY HAVE ALREADY BEEN ADDRESSED.

WE JUST NEED TO MAKE SURE WE'RE BEING TRANSPARENT ANDGH AS COMMUNICATIVE AS POSSIBLE TO THE COMMUNITY THAT'S CURRENTLY THERE. THANKS, MAYOR.

>> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER CABELLO HAVRDA.

COUNCILMEMBER KAUR. >> KAUR: THANK YOU FOR THE PRESENTATION AND THANK YOU TO THE FOLKS WHO CAME OUT AND SPOKE TODAY. [INDISCERNIBLE] I'M GLAD YOU WERE ABLE TO SHARE. I WOULD LOVE FOR YOU TO CONTINUE TO ADVOCATE TO BE A PART OF THIS CONVERSATION IN AND YOU'RE IN A CLOSE NEIGHBORHOOD THAT'S GOING TO BE AFFECTED. THERE WERE A COUPLE OF REQUESTS WHERE ADDITIONAL INFRASTRUCTURE WORK COULD BE DONE. FOR EXAMPLE, THAT UNDERPASS ON FLORES BY THE ADMINISTRATION BUILDING AND FINE SILVER .

IT WOULD BE GREAT IF PROJECTS LIKE THAT WOULD BE COMMITTED TO BEING REDONE.

ALSO FINDING A WAY TO CONNECT SAN PEDRO CREEK ALL THE WAY UP TO THE ORIGINAL SAN PEDRO PARKWAY. THINKING ABOUT HOW WE CAN MAKE REINVESTMENT IN AND AROUND THE AREA IS IMPORTANT. WOULD LOVE TO HEAR IN THE NEXT MEETING WHEN WE DISCUSS THIS. ANY OF THOSE IDEAS ALSO OR EVEN MAKE A COMMITMENT TO CONTINUING TO HEAR THE IDEAS OF THE COMMUNITY AND FIGURING OUT WAYS TO SUPPORT AND FUND THEM. AS FAR AS MY BIGGEST CONCERN AND MY HEART GOES OUT TO THE FOLKS THAT CAME OUT TODAY. I KNOW WH A FEW OF MY

[02:40:10]

SO THE FOLKS THAT CAME OUT AND SPOKE, I WOULD LOVE TO SIT DOWN AND MEET WITH YOU AND REALLY HEAR WHAT YOUR CONCERNS ARE AND HOW WE CAN HAVE A PLAN, NOT NEXT DECEMBER BUT TODAY. I'M CURIOUS TO LEARNING WHY THAT WAS ONE [INDISCERNIBLE] VERSUS THE OTHER ONES. I KNOW DR. ROCHA GARCIA WAS JOKING SAYING SHE WANTS MS. CRUZ OUT IN HER DISTRICT BUT WE WANT TO KEEP YOU HERE SO WE WANT TO BE ABLE TO MAKE SURE WE CAN UNDERSTAND IF THERE ARE OTHER APARTMENT COMPLEXES THAT ARE AROUND TRANSPORTATION WHERE YOU WOULD STILL BE ABLE TO ACCESS TRANSPORTATION.

LORI, I KNOW YOU MENTIONED THE [INDISCERNIBLE] ARE GOING TO BE 60 TO 80% AMI.

WHAT I WOULD LIKE FOR OUR NEXT MEETING IS A COMPARISON OF WHAT RENTAL RATES ARE AT SOAP FACTORY NOW IN COMPARISON TO WHAT IF I WERE AT 60 OR 80% AMI I WOULD BE ABLE TO GET AT INTERCONTINENTAL JUST SO WE CAN SEE IF THOSE ARE COMPARABLE. AND THEN FOR THE DEVELOPMENT TEAM, THANK YOU FOR SENDING AN E-MAIL TO THE RESIDENTS THERE. I KNOW THAT WAS A REQUEST THAT WE MADE AT B SESSION. WE HAD ALSO TALKED ABOUT A SURVEY.

I'M WONDERING IF WE COULD FOLLOW UP TO SEE IF THERE'S A POSSIBILITY TO EXECUTE THAT SURVEY SO WE CAN TRULY GET AN UNDERSTANDING FOR NEED AND MAYBE EVEN HAVE A COMMITTEE MEETING AT SOAP FACTORY SO WE CAN HEAR FROM RESIDENTS.

I KNOW LORI MENTIONED THAT AND ME AND THE OFFICE WOULD LOVE TO PARTICIPATE IN THAT SO WE CAN DIRECTLY HEAR FROM RESIDENTS. AS FAR AS THE FINANCING QUESTION. BEN, I HAVE A QUESTION. ARE PHASES 3 AND 4 A PART OF

THE BONDING PROCESS RIGHT NOW OR IS IT JUST 1 AND 2? >> GORZELL: NO, MA'AM.

THE BOND FINANCING DOES NOT RELY ON PHASES 3 AND 4. >> KAUR: I KNOW A LOT OF US HAVE ASKED ABOUT AFFORDABLE HOUSING AND THE SHIP GOALS.

THE RESPONSE WE HAVE GOTTEN IS IN THE FIRST TWO PHASES WE CAN'T GET A COMMITMENT TO AFFORDABLE HOUSING BECAUSE WE HAVE TO MAKE THIS DEAL BONDABLE, WHICH I UNDERSTAND. I DON'T KNOW IF RANDY AND YOU GUYS ARE PREPARED TO ANSWER BUT CAN WE GET A COMMITMENT FOR PHASES 3 AND 4 TO INCLUDE SOME AFFORDABILITY IN THOSE UNITS? DO WE KNOW WHAT 3 AND 4 IS

GOING TO BE IN TERMS OF WHAT TYPES OF DEVELOPMENT? >> GORZELL: WE RELIED ON PHASES 1 AND 2 BECAUSE OF TIMING. IN ORDER TO GET THE BOND DEAL DONE WE COULD ONLY RELY ON THINGS THAT WERE CLOSE TO THAT.

PHASE 1 WILL BE DONE AT THE SAME TIME WE'RE DOING THE BALLPARK.

PHASE 2 WILL BE UNDER DESIGN. WE COULDN'T RELY ON GUARANTEES FOR PHASES 3 AND 4. OUR UNDERSTANDING WAS THE DECISIONS ABOUT WHAT THAT DEVELOPMENT WOULD LOOK LIKE WOULD BE MADE AS HE GETS

CLOSER TO THOSE DATES. >> KAUR: IF THERE WAS A COMMITMENT FROM THE TEAM, RANDY, COULD YOU ALL MAKE A COMMITMENT TO HAVE X PERCENTAGE OF PHASE 3 AND 4

TO BE AFFORDABLE? >> WHEN WE THINK ABOUT 3 AND 4, THAT IS MANY, MANY YEARS OUT. I SHARE THE FRUSTRATIONS AND THE PERSPECTIVE OF PEOPLE HERE TODAY THAT DOWNTOWN NEEDS MORE AFFORDABLE HOUSING.

I WILL TELL YOU THE INTERCONTINENTAL, IN MY PROFESSIONAL CAREER, IS THE HARDEST THING WE HAVE EXECUTED ON TO ACHIEVE ANY LEVEL OF AFFORDABILITY IN DOWNTOWN SAN ANTONIO IN THE CURRENT COST AND TAX ENVIRONMENT, IN THE CURRENT REGULATORY ENVIRONMENT IS SOMETHING WE'RE VERY PROUD OF.

TO KNOW WHAT THAT LOOKS LIKE FIVE YEARS DOWN THE ROAD IS SOMETHING I'M NOT PREPARED TO COMMIT TO TODAY. TO SAY, YES, FOR SURE HERE'S HOW WE DO IT.

I THINK THAT WOULD BE A VERY HOLLOW COMMITMENT. WHAT IS ROCK SOLID IS CONTINUING TO EXAMINE AFFORDABLE HOUSING AND WORK WITH LORI AND HER OFFICE AND THIS BODY ON HOW WE SOLVE THE PROBLEM OF AFFORDABILITY DOWNTOWN.

THAT'S SOMETHING THAT I THINK I'M VERY PROUD OF OUR TRACK RECORD ON SINCE WE

STARTED DEVELOPING DOWNTOWN. >> KAUR: I UNDERSTAND THAT'S REALLY HARD AND I KNOW YOU GUYS ARE DOING IT SO I'M HOPING THAT YOU WILL CONTINUE TO COMMIT TO THAT

[02:45:05]

AND THE LAST THING I WANTED TO ASK FOR IS I KNOW WE'RE SUPPOSED TO GO TO THE HOUSTON STREET BOARD. I KNOW WE JUST HAD A CONVERSATION ABOUT THIS IS ALREADY EXTENDING. EITHER THE HOUSTON STREET TIRZ OR ANY TIRZ TO BE CREATED AROUND THE [INDISCERNIBLE] DEVELOPMENT AREA.

WHEN THE INCREMENT INCREASES FOR THE DEVELOPMENT THAT'S OCCURRING IN THIS TIRZ IS GOING TO BE ABLE TO GO BACK AND REINVEST INTO THE AREA THAT'S INCLUDED IN THIS TIRZ. SO WOULD THERE BE A WAY TO EITHER EXPAND THAT AREA SO WE CAN CONSIDER AFFORDABLE HOUSING IN AND AROUND IS MY QUESTION -- WHETHER THAT INCLUDES SAN PEDRO AND NORTH MAIN CORRIDORS OR OTHER NEIGHBORHOODS IN AND AROUND DOWNTOWN. THAT WAY WE CAN USE SOME OF THAT INCREMENT TO REINVEST BACK INTO HOUSING OR OTHER INFRASTRUCTURE NEEDS. SO THAT WOULD BE MY REQUEST

FOR THE HOUSTON STREET TIRZ MEETING. >> HOUSTON: COUNCILWOMAN, THAT IS SOMETHING BEING EXPLORED IN THE TRANSIT-ORIENTED DEVELOPMENT PLAN, WHAT TOOLS WILL BE NEEDED TO IMPLEMENT IT AND A TIRZ IS ONE OF THOSE TOOLS

WE'RE LOOKING AT. >> KAUR: THE ONLY REASON I WAS SAYING THE EXTENSION OF THIS ONE IS WE COULD USE SOME OF THE INCREMENT FROM THIS FOR THAT WORK.

I'M SURE YOU GUYS WOULD COME UP WITH A RECOMMENDATION FOR WHAT YOU THINK WORKS BEST.

I WANT TO MAKE SURE WE'RE NOT FORGETTING ABOUT WAYS TO CONTINUE TO DEVELOP MORE HOUSING. THOSE ARE ALL MY POINTS. THANK YOU TO ALL THE RESIDENTS THAT CAME OUT FROM DISTRICT 1. WE REALLY WANT TO PARTNER WITH YOU ALL TO MAKE SURE YOU FEEL THAT YOUR VOICE IS HEARD AND THAT WE CAN CREATE A PLAN NOW TO HELP SUPPORT ALL OF THEM. THANK YOU, MAYOR.

>> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER KAUR. COUNCILMEMBER PELAEZ.

>> PELAEZ: THANK YOU. JUST A FEW OBSERVATIONS. ONE OF THEM, I THINK IT'S IMPORTANT TO HIGHLIGHT AGAIN THAT WE'RE TALKING ABOUT AN AREA THAT HAS BEEN HISTORICALLY BLIGHTED AND FOR THE FIRST TIME EVER WE HAVE SOMEONE OUT THERE WANTING TO DO SOMETHING WITH IT. AND I THINK WHAT THEY'RE PROPOSING IS SPECIAL. RIGHT NOW IF YOU DRIVE BY THERE, THAT'S A PRETTY UGLY PLACE AND I THINK THAT THIS IS -- AND FOR TOO LONG THAT'S JUST BEEN IGNORED AND THE POTENTIAL HASN'T BEEN REALIZED. THANK YOU FOR TAKING AN INTEREST. YOU COULD HAVE DONE THIS ANYWHERE ELSE IN SAN ANTONIO BUT YOU'RE CHOOSING TO DO THIS IN A DIFFICULT PLACE. RANDY, I KNOW YOUR HOBBY IS TAKING ON DIFFICULT PROJECTS AND THIS IS ANOTHER ONE. YOU HAVE ALWAYS EXECUTED ON THEM IN A VERY IMPRESSIVE AND THOUGHTFUL WAY. THANK YOU IN ADVANCE FOR CONTINUING TO DO THAT. I THINK THIS IS ALSO IMPORTANT.

WE HAVE BEEN TALKING ABOUT FIGURING OUT WAYS TO RETURN DOWNTOWN TO SAN ANTONIANS.

AND THIS IS A PERFECT WAY TO INVITE SAN ANTONIANS BACK TO THEIR DOWNTOWN.

ESPECIALLY WHEN YOU'RE TALKING ABOUT WORKING-CLASS SAN ANTONIANS.

$8 IS A VERY AFFORDABLE WAY TO SPEND AN EVENING WITH YOUR FAMILY.

VERY, VERY INEXPENSIVE ENTERTAINMENT. NOT AS INEXPENSIVE AS SITTING AT CITY HALL, YOU KNOW. ALL YOU GOT TO DO IS PAY FOR PARKING TO GET ENTERTAINED HERE. I WILL TELL YOU MOST SAN ANTONIANS AVOID DOWNTOWN AND THAT'S A SHAME BECAUSE IT'S THEIRS AND THIS IS SOMETHING THAT THEY HAVE A RIGHT TO ENJOY. WE ELECTED OFFICIALS THROW AROUND THE WORDS LIVE, WORK, PLAY A LOT AND WE WANT TO GIVE PEOPLE A CITY WHERE THEY CAN LIVE, WORK, PLAY. AND TALKING ABOUT THE PLAY COMPONENT IS DIFFICULT BECAUSE IT BRINGS ABOUT THE WHAT ABOUT-ISM. WHAT ABOUT THE LIVE PART AND WHAT ABOUT THE WORK PART? IT IS AN ESSENTIAL COMPONENT TO A GREAT CITY, A COMPLETE CITY THAT WE BE MINDFUL ABOUT THE PLAY PART AS WELL AND PEOPLE'S LEISURE IS WORTH INVESTING IN. BECAUSE IT CONTRIBUTES TO MENTAL HEALTH, POSITIVE OUTCOMES. IT CONTRIBUTES TO FAMILIES AND IT CONTRIBUTES TO THE CREATION AND THE MAINTENANCE OF STRONG COMMUNITY. AND SO I WILL -- COUNCILMAN COURAGE AND I ARE IN A COMPETITION TO SEE WHO CAN QUOTE THE CHARTER THE MOST.

I'LL DO IT AGAIN TODAY. CHAPTER -- ARTICLE I DESCRIBES THE POWERS OF THE

[02:50:03]

THAT WE BE MINDFUL ABOUT HOW WE TREAT THE PEOPLE WHO ARE LIVING THERE.

THAT WE TALK ABOUT, YOU KNOW, THE FUTURE FOLKS THAT ARE GOING TO BE LIVING THERE AND MAKING SURE THAT THIS IS ACCESSIBLE TO, YOU KNOW, FOOD WORKERS AND HOTEL WORKERS ALSO AND PEOPLE WHO ARE EARNING WAY BELOW THE POVERTY LINE.

THEY DESERVE TO ALSO BE A PART OF THE DOWNTOWN ECOSYSTEM AND THAT WE HAVE A REAL DISCUSSION WITH YOU GUYS ABOUT THE WAGES THAT WE WANT TO MAKE SURE THAT PEOPLE GET PAID. NOT LIVABLE WAGES BUT THRIVEABLE WAGES.

AND I TAKE THESE SERIOUSLY AND WE HAVE TO HAVE THIS CONVERSATION.

AND LASTLY THERE WAS A LADY WHO CAME UP HERE WHO SPOKE TO US IN SPANISH.

HER FRUSTRATION WAS VERY REAL AND IF YOU LISTEN TO HER, SHE WAS EXPRESSING FEAR AND ANXIETY AND IT'S NOT SOMETHING WE SHOULD DISCOUNT.

AND EVERY SINGLE ONE OF HER QUESTIONS WAS LEGITIMATE. AND THIS PROJECT WILL BE A SPECTACULAR FAILURE IF WE DON'T TAKE CARE OF THE PEOPLE LIKE THAT LADY AND LEAVE HER IN A BETTER PLACE THAN WE FOUND HER. I DO KNOW PERSONALLY THE GROUP WHO IS WORKING ON THIS. I HOPE I KNOW YOU TO BE THE KIND OF PERSON WHO CARES ABOUT THE THINGS I CARE ABOUT.

I HAVE NO DOUBT IN MY MIND THAT YOU'RE THE RIGHT PERSON TO LEAD THIS EFFORT TO TAKE CARE OF THAT LADY AND HELP US IN MAKING SURE THAT WE DON'T BULLDOZE HER OVER AS WE ARE CLEARING THE LAND AND GETTING IT READY FOR AN EXCITING PROJECT.

THANK YOU, MAYOR. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER PELAEZ.

COUNCILMEMBER VIAGRAN. >> VIAGRAN: THANK YOU, MAYOR.

I JUST -- SOME OF THIS CONVERSATION IS A LOT DIFFERENT THAN THE B SESSION WE HAD WITH YOU GUYS. AND I KNOW THAT. AND I APPRECIATE Y'ALL BEING HERE TODAY AND I APPRECIATE THE OPPORTUNITY TO HAVE A PUBLIC HEARING REGARDING THIS ISSUE. I THINK THERE'S THREE TOPICS THAT HAVE BEEN BROUGHT UP AND I'M GOING TO TAKE THEM EACH. ONE IS ABOUT BASEBALL AND BASEBALL IN SAN ANTONIO. THE OTHER IS HOUSING ISSUES. AND THE THIRD IS PAST DEVELOPMENTS OF ARENAS AND SPORTS COMPLEXES. I'M GOING TO START WITH THE PAST DEVELOPMENTS OF ARENAS, DOMES, AND THE WOLFF STADIUM.

IT WAS DONE. THERE WASN'T THOUGHTFUL PLANNING AND WHAT RESULTED IS PROMISES NOT BEING MET. BUT THAT WAS THE PAST AND WE'VE LEARNED A LOT SINCE THEN, SINCE THE FROST BANK CENTER WAS BUILT. WE UNDERSTOOD IT TAKES CONSISTENT LEADERSHIP AND THAT'S WHY I'M SO PROUD TO SIT NEXT TO COUNCILMEMBER MCKEE-RODRIGUEZ TO GET THINGS DONE IN A DISTRICT. AND WE UNDERSTAND THAT YOU HAVE TO BE THOUGHTFUL AND TAKE INTO CONSIDERATION COMMUNITY.

THAT'S WHY WE'RE HERE TODAY AND THAT'S WHY WE'RE DOING THE PUBLIC COMMENT.

THE OTHER IS THE HOUSING ISSUE AND, RANDY, I JUST THINK WE NEED TO TALK WITH YOU AND DIG DEEP ON THESE ISSUES BECAUSE SOAP FACTORY IS MARKET RATE, ISN'T IT?

>> YES, MA'AM. >> VIAGRAN: SOAP FACTORY IS MARKET RATE BUT THEY OFFER A STUDIO OF 360 SQUARE FEET FOR $632. WHEN WE THINK ABOUT EVERYTHING ELSE DOWNTOWN, THAT'S AFFORDABLE. AND THAT IS WHERE WE NEED TO HAVE A CONVERSATION. BECAUSE I WALK INTO OPPORTUNITY HOMES TWICE A WEEK AT PARK VIEW AND PARK COLLEGE AND I'M LIKE WE NEED MORE OPPORTUNITY HOMES.

WE NEED MORE PERMANENT SUPPORTIVE HOUSING. WE NEED TO DO THOSE INVESTMENTS. SO I THINK WE HAVE TO TAKE A BIGGER ISSUE AND WE NEED TO KIND OF SAY TO OTHER DEVELOPERS THAT COME IN AND SAY WE'RE GOING TO DO MARKET RATE, WE NEED TO TELL THEM SOAP FACTORY CAN DO A STUDIO FOR $632.

IT'S ONLY 300 SQUARE FEET BUT YOU CAN DO THAT. I THINK THAT'S WHERE WE'RE SEEING A LOT OF PEOPLE KIND OF JUST HURT BECAUSE OF THE AFFORDABILITY THAT'S THERE.

AND THE HONEST TO GOODNESS TRUTH IS WE NEED TO THINK ABOUT WHAT WE PROVIDE IN AFFORDABILITY DOWNTOWN. BUT THAT'S NOT GOING TO BE ANSWERED BY DESIGNATED

[02:55:05]

SAN ANTONIO IS A BASEBALL TOWN. WE CAN TAKE IT TO THE VOTERS AND THE VOTERS ARE GOING TO SAY YES BECAUSE THIS IS A BASEBALL TOWN AND THIS IS WHAT THEY WANT. AND WE HAVE THE OPPORTUNITY TO DO IT IN AN AREA THAT NEEDS TO BE DEVELOPED. I THINK THERE ARE LEGITIMATE QUESTIONS IN TERMS OF HOW THIS IMPACTS THE WEST SIDE, HOW IT IMPACTS THE DIFFERENT TIRZ.

AND I'M CONFIDENT THAT BEN IS GOING TO ANSWER THAT. BUT I THINK IT'S IMPORTANT THAT WE GET THIS MEMO OF UNDERSTANDING OUT, THAT WE GET THE COUNTY TO COMMIT, BECAUSE THEY'RE TALKING A REALLY GOOD TALK RIGHT NOW AND WE NEED TO HOLD THEM TO THEIR PROMISES ALSO AND WE NEED TO START MOVING. THE REASON I WANT TO WORK WITH THIS GROUP IN PARTICULAR IS BECAUSE THEY'RE LOCAL.

BECAUSE THEY ARE HERE IN SAN ANTONIO. I KNOW THOSE NAMES.

I CAN GET THEIR PHONE NUMBERS FROM HOPE. EVEN MANU'S.

I WANT TO THANK Y'ALL FOR COMING OUT TODAY. I THINK YOU HEARD OUR CONCERNS BUT I THINK AT THE END OF THE DAY SAN ANTONIO IS A BASEBALL TOWN AND THEY

ARE GOING TO SUPPORT THAT. THANK YOU. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER VIAGRAN. COUNCILMEMBER MCKEE-RODRIGUEZ.

>> MCKEE-RODRIGUEZ: THANK YOU, MAYOR. ASIDE FROM THE ISSUE OF COMMUNITY ENGAGEMENT AND EDUCATION ON THE FINANCING PROCESS, MY PRIORITY HAS BEEN DISPLACEMENT OF RESIDENTS. THIS IS GOING TO HAVE AN IMPACT ON PEOPLE'S LIVES AND THEIR LIVELIHOODS THAT WE CANNOT TAKE LIGHTLY AND THAT'S WHY SO MUCH OF THE CONVERSATION HAS BEEN ABOUT THAT.

I DO APPRECIATE YOU PUT TOGETHER A DRAFT DISPLACEMENT PLAN BUT THERE'S A FEW THINGS THAT I WANT TO SEE ADDED OR FORMALIZED.

SO ONE -- I WANT TO BE VERY CLEAR ABOUT A TWO-WAY COMMUNICATION PLAN WHICH INCLUDES LANGUAGE ACCESSIBILITY. YOU CAN PUT A FLIER ON SOMEONE'S DOOR AND THEY MAY NOT UNDERSTAND IT OR FORGET TO RESPOND TO IT.

WHAT I EXPECT ANSWERED PRIORED TO THE APPROVAL OF THE TERM SHEET IS HOW CAN YOU ENSURE THAT EVERY RESIDENT YOU HAVE UNDERSTANDS THE MESSAGES YOU LEAVE WITH THEM? WHAT KIND OF TRANSLATION SERVICES YOU CAN PROVIDE? AND WHO CAN RESIDENTS CALL WITH QUESTIONS IN THEIR LANGUAGE? I FEEL COMPELLED TO SAY THAT JUST BECAUSE SOMEONE DOES NOT REQUEST HELP DOES NOT MEAN THEY DON'T NEED IT. I'LL NEED EVERY RESIDENT TO KNOW EVERY OPTION AND RESOURCE THAT IS BEING PROVIDED AND AFFORDED TO THEM AND I NEED YOU TO CONFIRM YOU HAVE REACHED THEM ALL AND THEY UNDERSTAND AND THE TWO-WAY COMMUNICATION PROCESS WAS COMPLETE. NO ONE SHOULD FEEL TRICKED OUT OF THEIR HOUSING BY THE END OF THIS. THERE ARE OF COURSE A LOT OF WAYS THAT THIS CAN SET US BACK AND HARM HUNDREDS OF PEOPLE IN THE PROCESS AND THAT MAY BE TOO MUCH RISK TO PLACE IN THE HOPES OF WHAT A STADIUM CAN DO WHEN WE HAVE VERY LITTLE EVIDENCE THAT THESE POSITIVE OUTCOMES ARE COMING, ESPECIALLY WITH THE EXISTING WOLFF STADIUM, THE ALAMODOME, AND THE FROST BANK CENTER NEVER FULFILLING THE PROMISES THAT A STADIUM OR ARENA SHOULD. MY ULTIMATELY CONCERN IS WHETHER OR NOT THE TERMS PRESENTED ARE ADEQUATE TO ADDRESS THE REPERCUSSIONS THAT MAY FOLLOW DEMOLITION OF NATURALLY-OCCURRING AFFORDABLE HOUSING, BECAUSE EVEN THOUGH IT'S MARKET RATE IT IS NATURALLY-OCCURRING AFFORDABLE HOUSING.

AND REPLACING IT WITH WHAT WILL ESSENTIALLY BE LUXURY HOUSING.

WE DON'T NEED MORE LUXURY HOUSING. FOLK MOVING SOMEWHERE -- I WANT TO GET TO A FEW POINTS OF HOW THIS COULD BE HARMFUL AND SET US BACK.

IF FOLK MOVE SOMEWHERE WHERE THEY'LL NEED TO DRIVE WHEN THEY'RE USED TO BIKING, WALKING, OR RIDING THE BUS, THAT'S HARMFUL TO OUR MULTIMODAL PLAN AND TO OUR SUSTAINABILITY GOALS. IF THEY MOVE SOMEWHERE THEY CANNOT ACCESS THEIR EXISTING JOB OR SCHOOL, THAT'S COUNTER TO OUR WORKFORCE AND EDUCATION GOALS.

IF A RESIDENT IS FORCED TO MOVE AWAY FROM THEIR MEDICAL APPOINTMENTS, THAT IS IN CONFLICT WITH OUR HEALTH EQUITY GOALS AND SA FORWARD.

OUR STRATEGIC PLAN TO ADDRESS HOMELESSNESS. SO FOR THE PURPOSES OF DISCUSSION, I WOULD LIKE TO SEE A FULL MAP OF PROPERTIES THAT YOU'RE LOOKING AT FOR RELOCATION. AND THE LEVEL OF AFFORDABILITY THERE.

I DON'T WANT TO SEE PEOPLE TOLD THEY COULD BE RELOCATED BY SEA WORLD OR RACKSPACE WHEN THEY LIVE AND WORK DOWNTOWN. I WOULD LIKE TO SEE -- THIS

[03:00:01]

>> IF WE'RE VOTING NEXT WEEK -- THIS WILL BE ANOTHER QUESTION.

I SEE THERE WILL BE 145 RESERVED UNITS FOR FOLKS AT 60 TO 80% AMI.

WHAT WILL YOU DO BEYOND THAT 145-UNIT THRESHOLD. THERE ARE MORE THAN 145 RESIDENTS IMPACTED. WHERE WILL THEY GO AND HOW WILL YOU HELP THEM GET

THERE? >> THANK YOU. MY RESPONSE IS -- WERE YOU A MATH TEACHER? OKAY. HERE WE GO.

IT'S JUST ESTIMATES BASED ON PRIOR DATA. SINCE WE HAVE OWNED SOAP FACTORY, THE RENEWAL RATE HAS BEEN AROUND 40%. 60% OF FOLKS JUST DON'T RENEW. IN MY COMMITMENT TO THE RELOCATION PLAN, THE COMMITMENT TO OFFER FOLKS ANOTHER UNIT ON PROPERTY IS ROOTED IN THAT MATH.

SO I KNOW THAT IF PAST IS PROLOGUE, IF OUR RENEWAL RATES STAY WITH WHAT THEY HAVE BEEN HISTORICALLY, I'LL BE ABLE TO HOLD OFF UNITS AS FOLKS DON'T RENEW.

AND SO THAT'S SORT OF THE SCIENCE OF IT. THE ART OF IT ON MY SIDE IS HOLDING OFF A LIKE UNIT SO THAT IT DOESN'T REALLY DO SOMEONE MUCH GOOD IF THEY'RE IN A TWO-BEDROOM UNIT AND ALL I HAVE TO OFFER THEM IS WHAT --

>> MCKEE-RODRIGUEZ: I'LL TELL YOU WHAT I WANT TO HEAR.

WHAT I WANT TO HEAR IS YOU GET PAST THAT 145-UNIT THRESHOLD AND YOU WILL FIND

THEM HOUSING AT YOUR PROPERTY. >> WE WON'T -- I THINK THE MATH WILL PLAY OUT THAT THERE SHOULD BE ENOUGH. IF THE MATH --

>> MCKEE-RODRIGUEZ: AND IF IT DOESN'T? >> WE WILL NOT OWN ENOUGH UNITS. THAT'S WHERE THE HOUSING NAVIGATION SERVICES WILL

COME IN. >> MCKEE-RODRIGUEZ: MY LAST LITTLE BIT, I DID ASK YOU TO A COMMIT TO AN IN-PERSON AND VIRTUAL GATHERING AND I'M WONDERING IS IT POSSIBLE TO GET SOMETHING TOGETHER BEFORE SEPTEMBER 18, ALMOST THREE

WEEKS? >> WE WILL WORK WITH YOUR OFFICE ON THAT.

I DON'T KNOW EVERYONE'S CALENDARS. >> MCKEE-RODRIGUEZ: CITY

STAFF. NOT MY OFFICE. >> WE'LL WORK WITH YOU,

ERIK. >> MCKEE-RODRIGUEZ: ERIK, MY REQUEST WOULD BE THAT WE CONSIDER THIS ITEM ON SEPTEMBER 19 FOR FINAL CONSIDERATION, SHOULD WE BE

ABLE TO ACCOMMODATE THAT. THANK YOU. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER MCKEE-RODRIGUEZ. COUNCILMEMBER COURAGE.

>> COURAGE: THANK YOU, MAYOR. WE'VE TALKED ABOUT NEXT WEEK APPROVING A FRAMEWORK BUT I THINK YOU HEARD FROM MANY OF THE PEOPLE ON THE COUNCIL THAT THEY STILL HAVE CONCERNS AND WERE EMPHASIZING OTHER THINGS THAT WE WOULD LIKE YOU TO CONSIDER IN FINALIZING THIS PACKAGE.

I THINK ONE OF THE BIGGEST THINGS IS TAKING CARE OF THOSE RESIDENTS AND THOSE PROPERTIES THAT ARE GOING TO BE DISPLACED. WE HEARD FROM THE COMMUNITY EARLIER AND MANY OF THEM JUST DID NOT UNDERSTAND WHAT HAS BEEN GOING ON.

AND, YOU KNOW, I REMEMBER PEOPLE ASKING ME A FEW QUESTIONS FROM MY DISTRICT SAYING, YOU KNOW, WELL, WHAT'S THE DEAL? I KEPT TELLING THEM THERE ISN'T ANY DEAL. AND THERE REALLY ISN'T AND THERE HASN'T BEEN.

WHAT WE WERE TALKING ABOUT WAS A PROPOSAL. BUT THERE'S A LOT INVOLVED IN THAT BUT MOST IMPORTANTLY I KNOW WAS ACQUISITION OF PROPERTY.

AND SO I DON'T KNOW HOW ANYBODY CANNOT UNDERSTAND THAT A BUSINESS ARRANGEMENT IS GOING TO BE KEPT PRETTY SECRET AMONG THE PRINCIPALS UNTIL THEY CAN ACQUIRE WHAT THEY NEED TO MOVE FORWARD. I THINK PEOPLE NEED FURTHER EXPLANATION ABOUT HOW THE PROCESS WORKED OUT. NOT THAT WE WERE TRYING TO HIDE ANYTHING BUT IT SIMPLY WASN'T SOMETHING WE COULD DO UNTIL MORE DETAILS, MORE INFORMATION, MORE STEPS FORWARD WERE TAKEN. BUT NOW IT'S OUT OF THE BAG AND PEOPLE STILL DON'T UNDERSTAND AND I THINK IT'S INCUMBENT UPON THE OWNERS AND THE CITY TO COME TOGETHER AND HELP THE PUBLIC UNDERSTAND BETTER. I THINK WE'VE GONE OVER THE DETAILS OF THE FINANCING AND IF PEOPLE REALLY HEARD THAT A SECOND OR A THIRD TIME OR IT WAS EXPRESSED BETTER PUBLICLY TO THE PUBLIC, THEY'D UNDERSTAND THAT IT

[03:05:05]

I THINK THAT'S IMPORTANT FOR THEM TO UNDERSTAND. AND ALSO WHAT THE BENEFITS ARE GOING TO BE BESIDES A MINOR LEAGUE BASEBALL TEAM PLAYING 70 GAMES A YEAR.

THE OTHER THINGS THAT THAT FACILITY WILL OFFER. AND OF THE COMMUNITY.

SO I REALLY WOULD RECOMMEND THAT THE CITY AND THE OWNERSHIP TEAM FORM A GROUP TO GO OUT IN THE COMMUNITY AND HELP EDUCATE THEM. WE DON'T HAVE A FINAL DONE DEAL. WE HAVE A FRAMEWORK THAT WE'RE GOING TO APPROVE BUT PEOPLE NEED TO UNDERSTAND THAT FRAMEWORK. WE WANT TO HAVE THE COMMUNITY WRAP THEIR ARMS AROUND THIS AND SAY, HEY, WE LOVE THIS.

THIS IS GREAT. NOT BELIEVING THAT THEY'VE BEEN LIED OR CHEATED OR EVENTUALLY THEY'RE GOING TO HAVE TO PICK UP THE TAB FOR SOMETHING.

I HOPE THAT WE CAN WORK OUT SOME KIND OF A PROCESS THAT WOULD BETTER INFORM THE PUBLIC AS WE'VE BEEN INFORMED ABOUT THE BENEFIT THIS WOULD BE TO THE ENTIRE CITY. I JUST WANTED TO MAKE THAT CLEAR.

THANK YOU. >> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER COURAGE.

COUNCILMEMBER CASTILLO. >> CASTILLO: THANK YOU, MAYOR.

MANY OF THE INDIVIDUALS WHO GAVE PUBLIC COMMENT HELPED AND SERVED ON THE MAYOR'S HOUSING POLICY FRAMEWORK SO THEY UNDERSTAND AND THEY'RE NOT MISUNDERSTANDING WHAT'S BEING DISCUSSED TODAY. I DO HAVE A QUESTION. DO WE KNOW HOW MUCH OUR BASEBALL PLAYERS GET PAID ANNUALLY? WHAT'S THEIR YEARLY SALARY?

>> THE MINOR LEAGUE PUBLIC LIBRARPLAYERSARE PART OF A UNIOT COMES WITH MORE THAN JUST SALARY. I THINK THE SALARY IS IN THE 30,000 OR SO RANGE, DEPENDING ON TENURE, SOME PLAYERS SIGN INTERNATIONALLY AND MAKE MUCH MORE THAN THAT. IF YOU MAKE IT TO THE MAJOR LEAGUE THEN YOU GET THE

MINIMUM -- >> CASTILLO:

MISSIONS, WHAT'S THEIR AVERAGE SALARY? >> WE DON'T PAY IT.

THE SAN DIEGO PADRES PAY ALL OF THAT. >> CASTILLO: WHAT IS THEIR

SALARY? >> I THINK IT WOULD BE IN THE $30,000 RANGE.

I DON'T HAVE THE EXACT NUMBER. IF YOU HAVE BEEN IN THE MAJOR LEAGUE AND COME BACK, YOU GET THE MINIMUM MAJOR LEAGUE SALARY, WHICH IS

$250,000. >> CASTILLO: THANK YOU FOR THAT.

THE LAST GAME I WENT TO AT THE MISSIONS WAS THE CELEBRATE THE UNIONIZATION AND ACCORDING TO CBS SPORTS THE AVERAGE SALARY IS ROUGHLY $13,000 TO $30,000.

AND I RAISE THAT POINT BECAUSE I THINK YOU MENTIONED $30,000 ON THE HIGHER END. THAT'S BELOW 60% OF THE AREA MEDIAN INCOME BUT I UNDERSTAND MANY OF THESE PLAYERS HAVE A SECOND JOB AND MY POINT BEING WITH A SECOND PHASE THAT'S GOING TO REQUIRE RELOCATION AND DEMOLITION OF THE EXISTING AFFORDABLE HOUSING STOCK, THAT MANY OF THESE BASEBALL PLAYERS WITH THEIR SALARY ALONE FROM PLAYING THE SPORT WOULDN'T BE ABLE TO LIVE IN THE NEW PROPOSED DEVELOPMENTS. BUT I WANTED TO MOVE ON BECAUSE THERE SEEMS TO BE AN

EPIDEMIC -- >> CAN YOU WAIT UNTIL MY TIME IS UP? THERE SEEMS TO BE A TREND NOT UNIQUE TO THE CITY OF SAN ANTONIO. I KNOW THEY HIGHLIGHTED THE SPURS STADIUM, THE FROST CENTER, WOLFF STADIUM BUT THIS ISN'T UNIQUE TO THE CITY OF SAN ANTONIO. SCHOLARS WHO HAVE STUDIED STADIUMS HAVE FOUND THIS TREND WHERE WE GIVE PUBLIC DOLLARS TO THESE MILLION AND BILLIONAIRES AND THE RESULT IS THE SAME. THIS IS UNIQUE, RIGHT, GIVEN THAT THE PROPERTY OWNED THERE USED TO BE BUSINESSES. IF YOU GO ON GOOGLE MAPS, UP TO 2027, THERE ARE BUSINESSES IN THAT AREA BUT WHEN THE PROPERTY WAS DEMOLISHED IT SAT VACANT.

I WANT TO BE SURE THAT WE'RE NOT -- WE'RE FAILING TO HIGHLIGHT THAT THERE WAS BUSINESSES AT SOME POINT. BECAUSE OFTENTIMES IT'S THE RHETORIC THAT WE HEAR IN MY COMMUNITY WHEN ACTUALLY IT'S ABSENTEE LANDLORDS THAT AREN'T MOVING ON THE PROPERTY AND JUST ARE NOT WANTING TO GET OFF OF NEUTRAL WHEN WE WANT TO SEE DEVELOPMENT IN THE AREA. BUT I DID WANT TO HIGHLIGHT AGAIN WHAT FOLKS HAVE HIT ON CONCERNS WITH DISPLACEMENT. AND WHEN WE LOOK AT THE SHIP GOALS IT SETS THE GOAL TO PROTECT NEIGHBORHOODS FROM DIRECT AND INDIRECT IMPACTS OF DEVELOPMENT BY SEIZING FINANCIAL SUPPORT OF MARKET RATE DEVELOPMENT. WHEN WE LOOK AT THE HOUSTON AND WESTSIDE TIRZ PROJECT PLANS, WHICH STATES NONE OF THE PROJECTS IDENTIFIED IN THESE PROJECT PLANS WILL REQUIRE THE RELOCATION OR DISPLACEMENT OF PERSONS.

WHEN WE LOOK AT THE CITY OF SAN ANTONIO'S TIF POLICY WHICH STATES A TIRZ OR

[03:10:03]

>> MAYOR NIRENBERG: THANK YOU, COUNCILMEMBER CASTILLO. ANY FURTHER DISCUSSION ON THIS ITEM? JUST A COUPLE OF REMAINING QUESTIONS THAT DID COME UP IN THE CONVERSATION. CAN YOU GIVE ME THE PROFILE OF THE AMI ON THE SOAP

FACTORY UNITS AS IT IS NOW? >> THANK YOU, MAYOR. AS I MENTIONED A COUPLE OF TIMES, WE'VE ACQUIRED THE SOAP FACTORY IN THE LAST YEAR AND SO THE DATA THAT I HAVE, I WAS ABLE TO GET DECENT DATA FROM THE PREVIOUS OWNER BUT NOTHING FROM BEFORE. I BELIEVE THE PREVIOUS OWNER BOUGHT IT IN 2017 SO THAT'S THE SET OF DATA THAT I HAVE. AND THEN WITH THE HIGH TURNOVER IT'S A PRETTY ROBUST SET. THE AVERAGE INCOME IS NORTH OF $40,000.

>> MAYOR NIRENBERG: WHAT IS THE AFFORDABILITY MIX OF THE UNITS?

>> PURELY MARKET RATE. THIS IS NOT IN ANY AFFORDABLE PROGRAM.

NO INCENTIVES HAVE BEEN RECEIVED. OUR RENTS AT THE SOAP FACTORY ARE ABOUT 20% HIGHER THAN THE MARKET AS A WHOLE. THIS IS NOT AN AFFORDABLE

HOUSING PROJECT. >> MAYOR NIRENBERG: I JUST WANT TO MAKE SURE THAT IS THE CASE. WHEN IT COMES TO THE INVENTORY OF AFFORDABLE UNITS, ESPECIALLY IN THE DOWNTOWN AREA, WE REALLY CAN'T AFFORD TO LOSE ANY.

SO THE OPPORTUNITY TO INTRODUCE NEW AFFORDABLE UNITS, IF THAT COMES TO PASS, WOULD BE VERY WELCOMED. I DO UNDERSTAND THE DIFFICULTY IN DOING SO BUT AT THE VERY LEAST THOSE OCCUPANTS, THOSE RESIDENTS IN THE SOAP FACTORY UNITS, IF WE ARE DOING OUR JOBS IN TERMS OF AN ANTI-DISPLACEMENT STRATEGY, WE NEED TO MAKE SURE THEY'RE PLACED IN A COMPARABLE UNIT.

THAT'S WHAT I'M HEARING. THE OTHER ISSUE I WANT TO EMPHASIZE IS THE ROAD TO HELL IS PAVED WITH GOOD INTENTIONS. I DO NOT CONSIDER THIS DEAL TO BE A PAPER FULL OF GOOD INTENTIONS. THE WAY IT'S STRUCTURED IS THAT THESE ARE GUARANTEES. THESE ARE NOT PROMISES. THIS BALLPARK, THIS PROPOSAL, THIS PROJECT DOES NOT HAPPEN UNTIL THOSE CONDITIONS ARE MET.

AND SO THE IDEA THAT IT MIGHT OR MIGHT NOT HAPPEN, I UNDERSTAND WHERE THAT COMES FROM. WE HAVE EXAMPLES IN OUR OWN COMMUNITY BUT WE WON'T MOVE FORWARD WITH OUR PARTNERSHIP IN THIS UNLESS THAT DEVELOPMENT HAPPENS IN THE WAY WE WANT IT TO HAPPEN AND THAT'S WHY I THINK YOU'RE HEARING FROM THIS DAIS, FROM MY COLLEAGUES, FROM MYSELF AS WELL THAT WE WANT A VERY DETAILED ANTI-DISPLACEMENT MAKING SURE THAT WE HAVE EVERY SINGLE ONE OF THOSE FAMILIES IS ACCOUNTED FOR.

THOSE WHO END UP IN COMPARABLE UNITS ON SITE, THOSE WHO MOVE TO A DIFFERENT LOCATION, HOW THEY'RE GETTING NAVIGATED THROUGH THAT PROCESS AND MAKING SURE WE'RE THE SECOND BACKSTOP, OUR OWN NAVIGATION, NHSD, MAKING SURE WE'RE FOLLOWING THOSE FAMILIES. THE LAST THING I'LL SAY IS THAT, YOU KNOW, DESIGNATED BIDDERS IS A GROUP OF BUSINESS LEADERS IN OUR COMMUNITY. THEY ARE LOCAL. THERE IS SKEPTICISM ABOUT SPORTS DEALS ALL ACROSS THE COUNTRY. BUT I HOPE WE CAN UNDERSTAND IN THIS CASE IN PARTICULAR THE DEVELOPER THAT ARE GOING TO BE DOING THIS PROJECT.

YOU KNOW, WESTERN URBAN HAS A VERY GOOD REPUTATION AND TRACK RECORD IN OUR COMMUNITY. HAVE DONE SOME WORK, A LOT OF WORK IN DOWNTOWN THAT HAS REALLY CHANGED THE COURSE OF THIS CITY. I DON'T THINK WE CAN

[03:15:04]

WE REDUCED THAT. YOU KNOW, THE 300 MAIN PROJECT, WHICH I THINK IS GOING TO BE EXTRAORDINARILY BENEFICIAL TO PEOPLE WHO WORK IN THE DOWNTOWN AREA -- THE LIST GOES ON IN TERMS OF WESTERN URBAN AS NOT JUST A BUSINESS BUT A LOCAL COMMUNITY MEMBER TRYING TO MOVE THIS CITY FORWARD. I PUT THIS PROJECT IN THE SAME CATEGORY BEING CATALYTIC FOR OUR DOWNTOWN. WITH ALL OF THE OTHER CONSCIOUS MEASURES THAT WE'RE PUTTING IN PLACE AS PUBLIC POLICY LEADERS IN THIS CITY TO PROTECT FAMILIES AT THE SAME TIME WHO MAY BE IMPACTED BY THIS PROJECT. AT THE END OF THE DAY, WHAT I AM HOPEFUL IS THAT WE WILL FINALLY REALIZE OUR GOAL OF HAVING A DOWNTOWN HOME FOR THE LONGEST-RUNNING PROFESSIONAL SPORTS FRANCHISE IN OUR CITY, A PLACE WHERE NOT ONLY WE CAN ENJOY BASEBALL GAMES BUT TO CONGREGATE. IT WILL BE A FIRST-CLASS FACILITY THAT I THINK WILL BE ONE OF THE BEST IN THE NATION AND THEN IT WILL ALSO BE A PLACE THAT HAS A LOT OF OTHER ACTIVITY THAT IS GUARANTEED THAT'S GOING TO BE HAPPENING AT THE SAME TIME. HOUSING, COMMERCIAL, RETAIL.

WE'LL KNOW THAT MORE AS THINGS MOVE FORWARD. THESE ARE NOT EASY THINGS TO DO IN DOWNTOWN SAN ANTONIO WHERE WE HAVE LIMITED PUBLIC RESOURCES.

WHERE WE ARE STRETCHED. WHERE WE ARE ALSO DEALING WITH CHALLENGES RELATED TO ECONOMIC MOBILITY, ALL OF WHICH WE HAVE PLANS THAT I BELIEVE ARE ALIGNED WITH THIS PROJECT TO MOVE FORWARD. I UNDERSTAND THE SKEPTICISM.

I UNDERSTAND THE CONCERNS. I UNDERSTAND THE EXAMPLES OF WHERE DEALS WENT BAD.

THAT'S WHY I THINK THIS IS AN EXTRAORDINARY OPPORTUNITY FOR THIS CITY BECAUSE THIS IS UNLIKE ANY OTHER SPORTS THAT I HAVE EVER SEEN AND THAT I THINK THAT OUR EXPERTS ON THE FINANCE SIDE HAVE SEEN AS WELL. SO I THANK MY COLLEAGUES FOR A VERY ROBUST AND CHALLENGING CONVERSATION, BUT I ALSO WANT TO THANKS, THE SAN ANTONIO MISSION OWNERSHIPS AND THE WESTERN URBAN AND OUR CITY TEAM FOR GETTING A GOOD DEAL DONE AND HOPEFULLY WE CAN CONTINUE TO DISCUSS AND BRING TRANSPARENCY THAT PEOPLE NEED TO FEEL COMFORTABLE WITH IT.

SO IF THERE'S NO FURTHER DISCUSSION, TIME IS 4:25 P.M. ON THE 29TH OF AUGUST, 2024 AND WE ARE ADJOURNED. THANKS, EVERYBODY

* This transcript was compiled from uncorrected Closed Captioning.