Aug 21, 2025 City Council A Session

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A

>> MAYOR JONES: GOOD MORNING. THE TIME IS NOW 9:02 A.M. ON AUGUST 21ST,2025.

THE MEETING OF THE SAN ANTONIO CITY COUNCIL IS NOW CALLED TO ORDER.

MADAM CLERK, PLEASE CALL THE ROLL.

[ PROCEDURAL  ]

>> MAYOR JONES: GOOD MORNING, EVERYONE. I WOULD LIKE TO RECOGNIZE

COUNCIL MEMBER MEZA GONZALEZ. >> GONZALEZ: THANK YOU, MAYOR.

FATHER BRIAN GARCIA, IF YOU WOULD LIKE TO COME UP HERE, THANK YOU.

FATHER GARCIA IS A ROMAN CATHOLIC PRIEST SERVING AS DIRECT OROF CAMPUS MINISTRY FOR THE ARCHDIOCESE OF SAN ANTONIO AND CHAPLAIN AT ST. ANTHONY'S CATHOLIC STUDENT CENTER AT UCSA. A PROUD GRADUATE OF UTSA, HE IS A DEVOTED SERVANT OF GOD AND HIS PEOPLE. HE IS PASSIONATE ABOUT MEETING OTHERS WHERE THEY ARE. REGARDLESS OF BACKGROUND OR STATUS.

FATHER BRIAN HAS BEEN A PRIEST FOR OVER EIGHT YEARS AND FINDS JOY IN MINISTRY, SPORTS, BARBECUE JOINTS, GOOD BOOKS, MUSIC, HISTORY, AND ENGAGING IN POLITICS.

WELCOME. HE IS HONORED TO LEAD TODAY'S INVOCATION BEFORE THE CITY COUNCIL. I MET FATHER BRIAN RECENTLY AT SERVICES HELD AT UTSA FOR THREE VICTIMS OF THE JULY 4TH KERRVILLE FLOOD. TWO STUDENTS AND ONE PROFESSOR FROM UTSA, AN ARCHITECTURE STUDENT, A MANAGEMENT STUDENT, AND DR.

EADES, PSYCHOLOGY SENIOR LECTURER. WE HONORED THEM THAT DAY AND

HONOR THEM TODAY. THANK YOU. >> THANK YOU SO MUCH, MAYOR, CITY COUNCIL AND ESPECIALLY COUNCILWOMAN MEZA GONZALEZ, FOR ALLOWING ME TO BE HERE.

I'M HONORED. LET US PRAY. HEAVENLY FATHER, WE THANK YOU FOR THE GIFT OF THIS DAY AND FOR THE BLESSING OF OUR COMMUNITY.

WE ASK FOR YOUR WISDOM TO GUIDE THIS COUNCIL IN ITS DISCUSSION AND DECISIONS.

GRANT EACH MEMBER CLARITY OF MIND, PATIENCE OF HEART, AND A SPIRIT OF SERVICE SO THAT ALL CHOICES MADE MAY PROMOTE THE COMMON GOOD AND THE DIGNITY OF EVERY PERSON.

BLESS THOSE WHO LIVE AND WORK IN OUR CITY, FAMILIES, LEADERS, FIRST RESPONDERS, EDUCATORS AND ALL THOSE WHO SERVE IN ANY WAY. MAY THIS MEETING REFLECT COOPERATION, RESPECT AND A TRUE DESIRE TO BUILD A COMMUNITY ROOTED IN JUSTICE, PEACE AND HOPE FOR ALL. WE ENTRUST ALL WE DO TODAY TO YOUR LOVING CARE.

AMEN. >> MAYOR JONES: THANK YOU, FATHER.

PLEASE REMAIN STANDING FOR THE PLEDGE OF ALLEGIANCE OR PLEASE STAND.

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[POINT OF PERSONAL PRIVILEGE  ]

NOW I THEREFORE, MAYOR OF CITY OF SAN ANTONIO IN RECOGNITION THEREOF, PROCLAIM SEPTEMBER 3-7, 2025 TO BE THE TENTH ANNUAL WORLD HERITAGE FESTIVAL DAYS.

CONGRATULATIONS. I KNOW COUNCIL MEMBER VIAGRAN WOULD LIKE TO SAY A FEW

WORDS. >> VIAGRAN: THANK YOU, MAYOR. I AM VERY PLEASED TO ANNOUNCE THAT THE 2025 WORLD HERITAGE FESTIVAL WILL TAKE PLACE SEPTEMBER 3-7.

IT'S LIKE I BLINKED AND WE WERE AT TEN YEARS OF THIS DESIGNATION AND IT'S JUST AN ANNUAL EVENT THAT ALLOWS THE COMMUNITY TO COME TOGETHER AND TELL THE STORY.

THIS YEAR, I'M VERY EXCITED BECAUSE WE ON THE SOUTH SIDE AND IN CONJUNCTION WITH THE ALAMO, WE ARE USING THE WORLD HERITAGE FESTIVAL AS KIND OF THE KICKOFF TO CELEBRATING SAN ANTONIO'S, CELEBRATING THE STORIES AND CELEBRATING HOW WE HAVE COME AND I WANT TO THANK ALL THE FAMILIES OF THE MISSIONS, SPECIFICALLY MISSION SAN JOSE FOR THEIR CONTRIBUTIONS TO THAT BEAUTIFUL WORLD HERITAGE CENTER THAT WE HAVE.

AT THIS TIME, I WOULD LIKE TO BRING UP COLLEEN, THE DIRECTOR OF WORLD HERITAGE OFFICE, TO TALK A LITTLE ABOUT THIS GREAT EVENT THAT IS A CITY-WIDE EVENT SO I EXPECT ALL MY COUNCIL MEMBERS TO COME AND STAND ONSTAGE WITH ME.

THANK YOU. >> THANK YOU. GOOD MORNING, MAYOR AND COUNCIL MEMBERS. THANK YOU, COUNCILWOMAN VIAGRAN.

WE ARE THE FIRST AND ONLY WORLD HERITAGE SITE IN THE STATE OF TEXAS AND WE ARE CELEBRATING TEN YEARS, AND WE ARE DOING TEN YEARS OF THIS FESTIVAL.

I WOULD LIKE TO INVITE THE PARTNERS. THIS FESTIVAL WOULD NOT HAPPEN WITHOUT ALL THE PARTNERS. WE HAVE BEXAR COUNTY, SAN ANTONIO RIVER AUTHORITY, SAN ANTONIO MISSIONS NATIONAL HISTORICAL PARK, THE ALAMO, AND OF COURSE, THE CITY OF SAN ANTONIO OFFICE OF HISTORIC PRESERVATION AND MY TEAM FROM THE WORLD HERITAGE OFFICE. SO NOW IN ITS TENTH YEAR, THE FESTIVAL HAS BECOME A SIGNATURE COMMUNITY CELEBRATION WITH FAMILY-FRIENDLY EVENTS SUCH AS SEVERAL NATIONAL PARK SERVICE TOURS AND JUNIOR RANGER DAY, THE ALAMO'S MISSION DAY AT THE ALAMO, OF COURSE, AND THE CITY OF SAN ANTONIO'S VERY OWN TOUR ON SATURDAY, SEPTEMBER 6TH. AND IN ADDITION TO THESE PARTNERS, WE HAVE OTHER PARTNERS THAT PARTICIPATE, STORM KPZ, SAT SOCIAL WIDE, B-CYCLE, SAN ANTONIO, THE CITY OF SAN ANTONIO'S PARKS AND RECREATION, PUBLIC WORKS AND SOLID WASTE ALL GIVE THEIR TIME AND RESOURCES TO MAKE THIS FESTIVAL A FANTASTIC EVENT FOR SAN ANTONIO. I WOULD LIKE TO HAVE EVERYONE RECOGNIZE ALL OUR PARTNERS HERE WITH MAYBE A ROUND OF APP APPLAUSE. WE INVITE EVERYONE TO JOIN US FOR A ONE OF A KIND LEISURELY BIKE RIDE RANGING FROM 7 TO 12 MILES. YOU GET TO LEARN ABOUT THE MISSIONS. THERE IS ALSO A 5K AND 10K. THERE IS SOMETHING FOR EVERYONE. WE GO ON OUR MISSION RIVER REACH AND WE RIDE BIKES THROUGH THE MISSION SAN JOSE. IT'S A WONDERFUL EVENT. AFTER THE FESTIVAL, WE WILL HAVE LOCAL ARTISANS, COMMUNITY ORGANIZATIONS, FOOD VENDORS AND IT'S NOT TOO LATE TO REGISTER. IF YOU HAVEN'T DONE THAT YET, YOU CAN STILL REGISTER.

THE FESTIVAL PROMOTES THE HISTORIC SAN ANTONIO MISSIONS AND ENCOURAGES EVERYONE TO CELEBRATE AND EXPLORE THEM FIRST-HAND WHILE LEARNING ABOUT OUR WORLD HERITAGE STATUS. SO THANK YOU FOR THIS UNIQUE OPPORTUNITY TO BRING US ALL TOGETHER TO SHARE THIS CELEBRATION. THANK YOU, MAYOR AND COUNCIL MEMBERS FOR YOUR TIME.

[CONSENT AGENDA  ]

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>> MAYOR JONES: IF THERE IS NO OBJECTION, LET'S GET STARTED WITH THE CONSENT AGENDA SO WE MAKE CLEAR THE AGENDA FOR THE DISCUSSIONS, WHICH ARE LISTED AS ITEMS 4 AND 5. OKAY. MY APOLOGIES.

COUNCILWOMAN VIAGRAN, I KNOW YOU WOULD LIKE TO RECOGNIZE SOME OF OUR OUTSTANDING CHEFS. WE HAVE SPECIAL GUESTS IN THE AUDIENCE TODAY, THE 2025-2027 2025-20 2025-2027UNESCOGASTRONOMY

COHORTS. >> VIAGRAN: I'M GOING TO INVITE COLLEEN BACK UP HERE.

WE HAVE TWO WORLD HERITAGE DESIGNATIONS. ONE IS OUR WORLD HERITAGE SITE. THE OTHER IS THE CITY OFGASTRONOMY.

FOR THE LAST THREE YEARS, COLLEEN WILL TALK MORE, WE HAVE HAD SOME AMAZING CHEFS DO SOME AMAZING THINGS IN BEING AMBASSADORS TO THE WORLD AND TELLING THE WORLD ABOUT SAN ANTONIO. I WOULD LIKE COLLEEN TO KIND OF INTRODUCE THE TEAM THIS YEAR AND IF YOU HAVE A CHANCE TO VISIT THEIR RESTAURANTS OR VISIT THEIR PLACES THAT THEY

SERVE AT, PLEASE DO SO. COLLEEN, GO AHEAD. >> OKAY.

MAYOR, CITY COUNCIL MEMBERS, NOT ONLY ARE OUR HISTORIC SAN ANTONIO MISSIONS THE FIRST AND ONLY UNESCO WORLD HERITAGE SITE IN THE STATE OF TEXAS, WE ARE ALSO THE ONLY CITY BESIDES TUCSON TO BE A UNESCO CREATIVE CITY OFGASTRONOMY.

WITH THIS, WE HAVE STARTED A CHEF AMBASSADOR PROGRAM. THIS IS OUR THIRD COHORT.

IT STARTED IN 2021. WE GOT THE DESIGNATION IN 2017.

I WOULD LIKE TO INTRODUCE THIS YEAR'S CHEF AMBASSADORS. WE HAVE SIX.

TWO OF THEM ARE TRAVELING AND SO I WOULD LIKE TO START OFF WITH CHEF LOPEZ, EXECUTIVE CHEF AT HOTEL EMMA. WE HAVE CHEF JOEL HERERA, FROM DESERT SPOON AND CHEF MARTINEZ, OWNER OF NACOAND CHEF STEPHANIE BYERS. THESE CHEFS WILL BE REPRESENTING SAN ANTONIO BOTH LOCALLY, NATIONALLY AND ABROAD, AND IT'S A GREAT HONOR TO HAVE THEM AND TO WORK WITH THEM, AND WE ARE SUPER EXCITED ABOUT THIS.

>> VIAGRAN: THANK YOU. LET'S GIVE A ROUND OF APPLAUSE FOR OUR CHEFS.

[APPLAUSE] >> VIAGRAN: THANK YOU, MAYOR. >> MAYOR JONES: COUNCILWOMAN

KAUR? >> KAUR: I WANTED TO SAY CONGRATULATIONS.

I HAVE TO DO A LITTLE HUMBLE BRAG. MANY OF THEM HAVE RESTAURANTS IN DISTRICT 1. WE ARE SO PROUD TO HAVE YOU GUYS IN DISTRICT 1 AND CAN'T WAIT TO SEE ALL OF THE FUTURE OF THE AIRPORT FOOD AMBASSADOR WORK AS WELL, BECAUSE YOU ARE GOING TO BE ABLE TO COME INTO SAN ANTONIO AND TRULY SEE THAT WE ARE A CITY OF FOOD. SUPER EXCITED FOR THE WORK YOU ALL DO.

THANK YOU SO MUCH. CAN'T WAIT TO EAT AT ALL THE RESTAURANTS.

>> MAYOR JONES: GREAT. I ECHO MY COLLEAGUES' CONGRATULATIONS, FOR US TO BE ONLY ONE OF TWO IS SO IMPORTANT, ESPECIALLY AS WE LOOK AT THE NUMBER OF WAYS IN WHICH WE CAN CONTINUE TO STRENGTHEN OUR CONNECTIONS WITH COMMUNITIES IN LIGHT OF WHAT'S GOING ON IS EXTREMELY IMPORTANT AND CERTAINLY, THROUGH THE STOMACH IS ALWAYS KEY IN A VERY IMPORTANT WAY TO DO SO. OKAY.

THAT'S ALL OF THEM. OKAY. I WOULD LIKE TO CALL FOR A

MOTION TO APPROVE THE MINUTES FROM AUGUST 6TH AND 7TH. >> MAYOR JONES: PLEASE VOTE.

THE MOTION PASSES. AT THIS POINT, IF THERE'S NO OBJECTION, LET'S GET STARTED

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ARE THERE ANY ITEMS COUNCIL MEMBERS WOULD LIKE TO PULL FROM THE CONSENT AGENDA TO BE HEARD INDIVIDUALLY? NO? OKAY.

HEARING NONE, MADAM CLERK, DO WE HAVE ANY MEMBERS OF THE PUBLIC SIGNED UP TO SPEAK ON

THE CONSENT AGENDA? >> CLERK: YES. WE HAVE SOME MEMBERS SIGNED

UP TO SPEAK ON THE CONSENT AGENDA. >> MAYOR JONES: OKAY.

>> CLERK: THEY'RE ON THE BACK OF YOUR LIST. >> MAYOR JONES: THE FIRST PERSON TO SPEAK ON THE CONSENT AGENDA ITEM IS VERONICA SANDOVAL FOLLOWED BY THELMA GONZALEZ. YOU WILL HAVE TWO MINUTES TO SPEAK.

>> GOOD MORNING, MADAM MAYOR AND CITY COUNCIL MEMBERS. I'M SPEAKING IN REGARDS TO THE HVAC FOR -- PROJECT FOR FARMERS MARKET. WE ARE GRATEFUL TO BE HERE TODAY TO EXPRESS OUR STRONG SUPPORT FOR THE LONG-AWAITED SYSTEM IN THE FARMERS MARKET BUILDING AT HISTORIC MARKET SQUARE.

THIS PROJECT HAS BEEN ANTICIPATED FOR MANY YEARS AND BOTH OUR CUSTOMERS AND BUSINESS OWNERS ARE EAGER TO FINALLY SEE THESE CRITICAL IMPROVEMENTS APPROVED AND IMPLEMENTED. HOWEVER, WE MUST ALSO BRING TO YOUR ATTENTION A SERIOUS CONCERN REGARDING THE INSTALLATION PROCESS. WE WERE RECENTLY INFORMED BY THE ASSISTANT DIRECTOR THAT IN ORDER TO INSTALL THE NEW HVAC UNITS, ALL BUSINESSES WILL BE REQUIRED TO REMOVE THEIR MERCHANDISE, EQUIPMENT, FIXTURES, AND REMAIN CLOSED FOR THE DURATION OF THE REPLACEMENT. THIS IS AN ESTIMATED FIVE-MONTH PROCESS. AT THIS TIME, NO PLAN HAS BEEN PRESENTED TO SUPPORT OR TEMPORARILY LOCATE THESE SMALL BUSINESSES DURING THE CLOSURE.

THERE ALSO HAS NOT BEEN ANY CONSIDERATION FOR THE MANY EMPLOYEES WHO WILL BE OUT OF WORK DURING THE EXTENDED PERIOD. SIMPLY WAIVING RENT FOR THESE MONTHS, WHILE APPRECIATED, IS NOT ENOUGH TO SUSTAIN OUR BUSINESSES, OUR EMPLOYEES, OR OUR FAMILIES. WE RESPECTFULLY ASK THAT THE MAYOR AND CITY COUNCIL REQUIRE COMPREHENSIVE PLAN TO ADDRESS THESE CHALLENGES BEFORE THE REPLACEMENT PROCESS BEGINS. THIS PLAN SHOULD INCLUDE OPTIONS FOR TEMPORARY RELOCATION OF AFFECTED BUSINESSES, FINANCIAL ASSISTANCE OR GRANT OPPORTUNITIES TO OFFSET THE SIGNIFICANT LOSS OF INCOME, SUPPORT FOR DISPLACED EMPLOYEES DURING THE CLOSURE PERIOD. HISTORIC MARKET SQUARE HAS BEEN A CORNERSTONE OF THE SAN ANTONIO CULTURE, ECONOMY AND TOURISM FOR DECADES.

THE BUSINESSES HERE ARE PROUD TO CONTRIBUTE TO SUCCESS BUT WE CANNOT SURVIVE A FIVE-MONTH SHUTDOWN WITHOUT MEANINGFUL SUPPORT. WE URGE YOU TO CONSIDER THE LIVELIHOODS OF THE FAMILIES, EMPLOYEES AND SMALL BUSINESS OWNERS WHO MAKE MARKET SQUARE

THRIVE. >> MAYOR JONES: YOU MAY SUBMIT THE REST OF YOUR COMMENTS FOR THE RECORD. THANK YOU. THELMA GONZALEZ, PLEASE? TWO MINUTES FOLLOWED BY STEVE VERSTEEG. STEVE VERSTEEG? STEPHANIE REYES? THERE'S STEVE. I DIDN'T SEE YOU.

PLEASE, YOU HAVE TWO MINUTES. >> I DIDN'T THINK I SIGNED UP FOR THE CONSENT AGENDA.

I SIGNED UP FOR ITEM 4. >> MAYOR JONES: OKAY. WE WILL TAKE YOU OFF OF THIS LIST. THANK YOU. STEPHANIE REYES?

>> GOOD MORNING, MAYOR, CITY COUNCIL MEMBERS. I'M STEPHANIE REYES, PROUD PRESIDENT AND CEO OF THE REAL ESTATE COUNCIL OF SAN ANTONIO.

YOU HAVE HEARD A LOT ABOUT THE LONG-TERM ECONOMIC BENEFITS OF THIS PROJECT.

>> MAYOR JONES: MA'AM, IF THIS IS NOT ABOUT THE CONSENT AGENDA BUT ITEMS 4 AND 5,

THAT'S A SEPARATE SECTION. >> YES, I'M SORRY. I'M HERE TO SPEAK ON 5.

>> MAYOR JONES: WE WILL COME BACK TO THAT ITEM. THANK YOU.

JACK FINGER, YOU HAVE TWO MINUTES. >> MADAM MAYOR AND OTHER

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YEAH. FEW ITEMS I WISH TO BRING TO YOUR ATTENTION ON THIS CONSENT AGENDA. BASICALLY, NUMBERS 30, 31, 32, ET CETERA HERE.

YEAH. BASICALLY, YOU CALL IT AFFORDABLE HOUSING.

I CALL IT WELFARE HOUSING. WHY? BECAUSE WE THE TAXPAYERS ARE SUBSIDIZING PEOPLE WHO ARE TRYING TO -- WHO ARE APPLYING FOR HOUSING AND VARIOUS PARTS OF OUR CITY HERE. BUT NOT ONLY THAT, BUT I REMEMBER ESPECIALLY EGREGIOUS, SCROLL DOWN TO THE BOTTOM THERE, OF THE AREA MEDIAN INCOME, THE AVERAGE INCOME, WHAT KIND OF PERSONS ARE GOING TO BE APPLYING? WELL, PEOPLE WHO MAKE 50% OR LESS, YOU SEE THE MIDDLE CIRCLE, AND THOSE WHO MAKE 30% OR LESS.

NOW, ALSO, SOMETHING ELSE REALLY DISTURBING, FLIP THE PAGE, IF YOU WOULD, TO THE NEXT PAGE THERE. A FEW THINGS I CIRCLED FOR YOUR INTEREST THERE.

SCROLL UP TO THE TOP, IF YOU WOULD THERE. YEAH.

ONCE AGAIN, YOU SEE FOR THE OWNER, NOT JUST RENTERS ARE GOING TO GET THESE BENEFITS, BUT ALSO THE OWNER IS GOING TO GET 80%, IF HE'S BELOW THE AVERAGE AREA MEDIAN INCOME, OR 50%. THESE ARE WHAT -- BUT I THINK THE MOST REALLY BAD THING I SEE ON THIS IS LOOK AT THE HORIZONTAL BLACK LINES THERE, IT SAYS FIVE-YEAR FORGIVABLE LOAN. FIVE-YEAR FORGIVABLE LOAN. YEAH.

THIS IS ITEM NUMBER 30. SCROLL DOWN A LITTLE FURTHER, YOU SEE PROPERTY OWNERS WILL -- TOO MUCH -- PROPERTY OWNERS WILL RECEIVE A REIMBURSEMENT OF UP TO $25,000. $25,000. AND $35,000.

THAT'S OUR TAX DOLLARS THAT YOU'RE GIVING AWAY. I REALLY WISH Y'ALL WOULD PULL THESE THINGS FOR SOME DELIBERATION. THANK YOU.

>> MAYOR JONES: ALL INDIVIDUALS SIGNED UP TO SPEAK HAVE SPOKEN.

IS THERE A MOTION TO APPROVE THE CONSENT AGENDA? >> I MAKE A MOTION TO

APPROVE. >> MAYOR JONES: MOVED AND SECONDED TO APPROVE THE CONSENT AGENDA. ARE THERE ANY HIGHLIGHTS OR QUESTIONS ABOUT -- EXCUSE ME, SORRY? OKAY. COUNCIL MEMBERS, ARE THERE ANY HIGHLIGHTS OR QUESTIONS ABOUT THE CONSENT AGENDA? COUNCIL MEMBER CASTILLO?

>> CASTILLO: I WOULD LIKE TO HIGHLIGHT A COUPLE ITEMS. WE KNOW THE WORK STARTS BEFORE THE DISASTER HITS. THAT'S WHY I'M EAGER TO HIGHLIGHT ITEM NUMBER 7.

I WOULD LIKE TO THANK CONGRESSMAN CASTRO FOR EARMARKING FUNDS THROUGH THE COMMUNITY PROJECT FUND GRANT AND THANK OUR INFRASTRUCTURE DI DIRECTOR FOR ENSURING TO HAVE THE PATIENCE, UNDERSTANDING AND KNOWLEDGE TO EXPLAIN THE NEED FOR THIS PROJECT TO EFFECTIVE CONSTITUENTS LOCATED UNDER THE PROPOSED NEW FEMA FLOOD ZONE MAPS. ALSO EXTREMELY GRATEFUL FOR THE WORK AND LEADERSHIP OF RAZI, HIS TEAM, VICTORIA AND JESSICA, AND THE STORMWATER DIRECTOR FOR MEETING WITH MY STAFF EVERY STEP OF THE WAY. THIS COLLABORATION BETWEEN MY OFFICE, OUR CONGRESSMAN, STORMWATER STAFF AND ENSURE OUR CONSTITUENTS HAVE AS MUCH INFORMATION NECESSARY IN A TRANSPARENT MANNER AS POSSIBLE. THANK YOU ALL SO MUCH FOR THIS. WE LOOK FORWARD TO THE CONTINUED WORK TO ENSURING WE ALLEVIATE RISK IN OUR COMMUNITY AND I WOULD ALSO LIKE TO HIGHLIGHT ITEM 30 WHICH IS APPROVAL FOR THE CASITAIMPROVEMENTS PILOT PROGRAM.

THIS HAS BEEN PART OF A BIG EFFORT TO BUILD MORE AFFORDABLE HOUSING THROUGHOUT THE CITY OF SAN ANTONIO WHILE PROVIDING STABILITY TO EXISTING HOMEOWNERS BY PRESENTING OPPORTUNITY TO GENERATE ADDITIONAL INCOME WITH THEIR PROPERTY.

I ESPECIALLY LOVE THAT THE ADDITIONAL INCENTIVES HOME OWNERSHIP WHO DECIDED TO BUILD AT 30% AMI, THAT THEY CAN RECEIVE MORE SUPPORT. A BIG THANK YOU TO THE NHSD STAFF WHO WORKED REALLY HARD TO ENSURE THE CITY OF SAN ANTONIO'S COUNCIL STICK TO THE TRASTRATEGIC HOUSING IMPLEMENTATION PLAN. THANK YOU.

THE. >> MAYOR JONES: COUNCIL MEMBER KAUR?

>> KAUR: THANK YOU, MAYOR. A LOT OF APPOINTEES ARE BEING APPOINTED TODAY, ONLY A FEW COULD COME. CARLOS, COULD YOU STAND? I'M EXCITED TO REAPPOINT CARLOS TO THE BROOK CITY BOARD. HE IS A STORYTELLER BY TRADE AND IS ACTUALLY THE BOARD CHAIR OF THE ASID FOUNDATION THIS YEAR.

IF ANYONE IS HERE SUPPORTING SCHOOLS, THANK YOU FOR EVERYTHING YOU DO FOR THAT SCHOOL DISTRICT AND YOUR LEADERSHIP IN THE COMMUNITY. YOU ARE AN INCREDIBLE ASSET.

I APPRECIATE YOUR WORK THERE. I ALSO WANTED TO HIGHLIGHT AUDREY ZAMORA.

HAVE YOU MADE IT IN YET? MAYBE SHE IS NOT INSIDE YET. SHE IS A STUDENT AT THE YOUNG WOMEN'S LEADERSHIP ACADEMY BUT LIVES IN DISTRICT 1. SHE IS GOING TO BE OUR

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WE HAVE HAD PREVIOUS LEADERS IN THAT COMMITTEE THAT ACTUALLY CAME WHEN THERE WERE CHALLENGES WITH THE BOOKS LAST CYCLE AND CAME AND PRESENTED TO THE COUNCIL.

I KNOW SHE WILL BE A GREAT ASSET. WE ACTUALLY WROTE HER AN EXCUSE NOTE TO BE HERE ALL DAY FOR COUNCIL TODAY. SHE WILL GET A REALLY GOOD LESSON IN LOCAL GOVERNANCE TODAY. I DON'T KNOW IF KATIE IS HERE, BUT SHE IS BEING APPOINTED TO THE SMALL BUSINESS ADVISORY COMMITTEE.

THANK YOU, FOR ALL THE FOLKS THAT ARE APPOINTEES, AT ALL OF OUR DISTRICTS, WE APPRECIATE SO MUCH THE WORK THEY DO. THEY ARE VOLUNTEER, THEY ARE MEETING ON A MONTHLY, QUARTERLY BASIS TO REALLY HELP MOVE THE ISSUES THAT WE FUND AS PRIORITIES FORWARD. THE LAST THING I WANTED TO HIGHLIGHT WAS THE MARKET SQUARE ITEM, ITEM 6. I KNOW THERE ARE SOME CHALLENGES GOING ON AT MARKET SQUARE. I WANT TO THANK CITY STAFF FOR EXTENDING THE RATE ABATEMENT THROUGH SEPTEMBER THROUGH THE CONSTRUCTION THAT'S GOING ON, AND CONTINUE TO KNOW WE WILL BE WORKING WITH TENANTS AS WE DO THESE MUCH-NEEDED RENOVATIONS FOR

THE HVAC SYSTEM. THANKS, MAYOR. >> MAYOR JONES: COUNCIL

MEMBER GALVAN? >> GALVAN: THANK YOU. I WANT TO HIGHLIGHT ITEM 20 FOR MY APPOINTEES TO DISTRICT 6. DAN ROSSETER AND JONATHAN GUERRERO, I WANT TO HIGHLIGHT YOU. WE HAVE A BUNCH OF PEOPLE WE ARE HIGHLIGHTING TODAY. WE WON'T BE ABLE TO HIGHLIGHT EVERY PERSON.

THEY AREN'T ALL HERE. I WANT TO MENTION MERRILL BRITTON.

AND ALL INCREDIBLE COMMUNITY LEADERS IN DISTRICT 6 THAT ARE DOING GREAT WORK FOR THE NEIGHBORHOODS AND THE ENTIRE DISTRICT AND HAVE BEEN FOR A WHILE.

THE FOLKS THAT ARE HERE TODAY, I'M REALLY EXCITED TO SHOUT OUT.

DAN HAS BEEN AN ACTIVE COMMUNITY MEMBER, IN THE NEIGHBORHOOD ASSOCIATION, WHICH WE SHARE WITH DISTRICT 7. ALWAYS GOOD TO BE ABLE TO WORK TOGETHER WITH MY COLLEAGUE TO THE LEFT OF ME DAN IS AN ACTIVE COMMUNITY ADVOCATE FOCUSED ON BEING AN ADVOCATE TO UNDERSERVED COMMUNITIES SINCE 2019 AND OTHER NUMEROUS CIVIC ROLES INVOLVING THE CITY BOND, TRANSIT AND GREEN SPACE. HE SERVED ON THE CITY DEVELOPMENT BOARD OF DIRECTORS. I'M HAPPY TO REAPPOINT HIM AS WELL.

I CAN COME BY REALLY QUICK TO GET A PICTURE. LGBTQ ADVISOR ABOARD, MICHAEL RINDON, INCREDIBLE COMMUNITY LEADER NOT ONLY IN THE CITY BUT NATIONALLY AS WELL.

HE SERVES AS NATIONAL BOARD OF GOVERNORS COUNTRY. HE WAS RECENTLY AWARDED AN AWARD IN WASHINGTON, D.C. AT THE NATIONAL LEADERSHIP AWARD CEREMONY. WHEN NOT FIGHTING FOR EQUALITY HE LOVES TRAVELING WITH HIS HUSBAND AND SPENDING TIME WITH THEIR FAMILY AND FRIENDS. FERNANDO, INCREDIBLE COMMUNITY LEADER, ALSO SERVING IN THE LIBRARY BOARD OF TRUSTEES, TOO. SHE IS SERVING AS WELL AT THE PORT AUTHORITY OF SAN ANTONIO. MARIA IS A NON-PROFIT LEADER AND COMMUNITY ADVOCATE DEDICATED TO IMPROVING QUALITY OF LIFE FOR UNDERSERVED POPULATIONS IN SAN ANTONIO WITH A FOCUS ON OLDER ADULTS.

WE HAD GREAT CONVERSATIONS ABOUT WHAT WE CAN DO TOGETHER FOR OUR SENIORS IN OUR COMMUNITY, NOT JUST IN THE HEART OF DISTRICT 6 BUT ACROSS THE ENTIRE DISTRICT ON THE FAR EDGES OF EDGEWOOD AND ALAMO RANCH. I WILL NEVER FORGET HER CALLING ME ON SUNDAY MORNING. IT WAS A GREAT CONVERSATION TO GET READY TO HAVE THESE CONVERSATIONS MORE WITH SENIORS FOR MY MORNING BREAKFAST, TOO.

SHE CONTINUES TO CHAMPION ISSUES TO REDUCE HEALTH DISPARITIES AMONG VULNERABLE COMMUNITIES AND I'M GLAD TO HAVE HER BE RECOGNIZED FOR NUMEROUS AWARDS FOR ADVOCACY.

I KNOW SHE WILL CONTINUE FIGHTING FOR EVERY SINGLE PERSON IN OUR CITY AND IN DISTRICT 6. LAST BUT CERTAINLY NOT LEAST, INCREDIBLE YOUNG LEADER IN DISTRICT 6. JONATHAN GUERRERO BEING APPOINTED TO THE YOUTH COMMISSION. HE IS A DISTINGUISHED STUDENT LEADER FROM SAN ANTONIO, BEING TOP FIVEJRTC UNIT AND EXCELLING IN ENGINEERING ACADEMY AT NORTHSIDE ISD, WHERE HE MAINTAINS STRAIGHT AS. BETTER THAN ME WHEN I WAS A STUDENT. BUSINESS OWNER AND SELF-TAUGHT CODER, HE COMBINES ISSUES WITH COMMUNITY IMPACT. HE IS AN ASPIRING LAWYER AND IS DEDICATED TO USING HIS ENTREPRENEURIAL DRIVE TO HELP HIS COMMUNITY AND CHANGE THE WORLD. I'M MORE THAN HAPPY TO MAKE SURE THEY KNOW WHERE YOU'RE AT TODAY. I WANT TO COME DOWN REALLY QUICK TO GET A PICTURE.

THANK YOU FOR BEING HERE. [APPLAUSE] >> MAYOR JONES: COUNCIL

MEMBER MEZA GONZALEZ? >> GONZALEZ: THANK YOU, MAYOR.

HIGHLIGHTING ITEMS 22, TWO APPOINTEES. SARAH HERE?

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HE HAS ALSO VOLUNTEERED WITH CHURCH UNDER THE BRIDGE AND HAVEN FOR HOPE IN HIS SPARE TIME. HE'S BEING REAPPOINTED FOR DISTRICT 8.

THANK YOU TO THEM FOR THEIR CONTINUED SERVICE IN OUR COMMUNITY AND IN DISTRICT 8.

>> MAYOR JONES: THANK YOU. BEFORE WE CONTINUE, IT'S ALMOST LIKE MIDNIGHT MASS IN HERE TODAY. AS I WOULD, IF I WAS THERE, MY MOM WOULD SAY YOU ARE YOUNG AND STRONG, STAND UP. SO SOMEBODY ELSE CAN SIT DOWN.

I KNOW WE HAVE OLDER FOLKS THAT ARE MAYBE ON THE SIDELINES OR MAYBE WAITING TO COME IN. IF YOU ARE ABLE TO STAND AND YOU SEE SOME OLDER FOLKS, PLEASE GIVE THEM YOUR SEAT. THANK YOU. ALRIGHT.

THERE BEING NO FURTHER DISCUSSION, THERE'S A MOTION AND A SECOND TO APPROVE THE CONSENT AGENDA, ITEMS 6-33. PLEASE VOTE. THE MOTION CARRIES.

[4. Resolution under which the City Council will not consider a proposed Terms Sheet with the San Antonio Spurs for a proposed arena downtown until a) the City Council receives an independent economic impact study for the arena by a firm with no association with the Spurs organization or ownership, with economic analysis on par with what the City of Philadelphia received in 2024, notably impact on General Fund, and 2) each City Council member has hosted at least two in-person, publicly announced engagements with their constituents to receive feedback on the completed independent economic impact study and any proposed Terms Sheet. ]

[5. Resolution authorizing the City Manager to complete negotiations and execute a non-binding Term Sheet with San Antonio Spurs Holdings, LLC relating to a downtown arena with substantially similar terms to the posted draft Term Sheet. [Erik Walsh, City Manager; Ben Gorzell Jr., Chief of Financial and Administrative Services]]

MADAM CLERK, PLEASE READ THE CAPTIONS. >> CLERK: A RESOLUTION UNDER WHICH THE CITY COUNCIL WILL NOT CONSIDER A PROPOSED TERM SHEET WITH THE SAN ANTONIO SPURS FOR A PROPOSED ARENA DOWNTOWN UNTIL, A, THE CITY COUNCIL RECEIVES AN INDEPENDENT ECONOMIC IMPACT STUDY FOR THE ARENA BY A FIRM WITH NO ASSOCIATION WITH THE SPURS ORGANIZATION OR OWNERSHIP, WITH ECONOMIC ANALYSIS ON PAR WITH WHAT THE CITY OF PHILADELPHIA RECEIVED IN 2024, NOTABLY IMPACT ON GENERAL FUND, AND TWO, EACH CITY COUNCIL MEMBER HAS HOSTED AT LEAST TWO IN-PERSON PUBLICLY ANNOUNCED ENGAGEMENTS WITH THEIR CONSTITUENTS TO RECEIVE FEEDBACK ON THE COMPLETED INDEPENDENT ECONOMIC IMPACT STUDY AND ANY PROPOSED TERM SHEETS.

ITEM NUMBER 5, A RESOLUTION AUTHORIZING THE CITY MANAGER TO COMPLETE NEGOTIATIONS AND EXECUTE A NON-BINDING TERM SHEET WITH SAN ANTONIO SPURS HOLDINGS, LLC RELATED TO A DOWNTOWN ARENA WITH SUBSTANTIALLY SIMILAR TERMS TO THE POSTED DRAFT TERM

SHEET. >> MAYOR JONES: GREAT. OKAY.

GREAT. IN ACCORDANCE WITH THE AGENDA, I WILL PRESENT FIRST.

LET ME ALSO JUST TAKE A POINT OF PRIVILEGE. WE HAVE NUMBER 32 IN THE HOUSE. 32, CAN YOU STAND UP? [APPLAUSE] AS I HAVE SHARED NUMEROUS TIMES, I MAY OR MAY NOT STILL HAVE YOUR CARD, YOUR TRADING CARD. OKAY. PLEASE PRESENT, PLEASELE BRING UP MY FIRST SLIDE. OKAY. I FEEL VERY STRONGLY ABOUT THIS, BECAUSE I WANT US TO BE SUCCESSFUL. I WANT OUR COMMUNITY TO REVITALIZE OUR DOWNTOWN. I WANT TO MAKE SURE THE SPURS STAY IN SAN ANTONIO FOR AS LONG AS POSSIBLE. I DO WANT TO MAKE SURE, AND I THINK THAT IS BEST ACCOMPLISHED WHEN FOLKS FEEL LIKE THEY HAVE ALL OF THE DATA AND FEEL LIKE THEY HAVE BEEN BROUGHT INTO THE PROCESS. SO I HAVE BEEN VERY CLEAR ABOUT WHY I THINK IT'S IMPORTANT THAT WE TAKE A STRATEGIC PAUSE TO ENSURE THAT IS, IN FACT, THE CASE. I THINK THE COMMUNITY CAN APPRECIATE MUCH OF THE INFORMATION THAT IS PERTINENT TO NEGOTIATIONS. WE HAVE JUST RECEIVED IN THE LAST 60 DAYS, OKAY, IN THE LAST 60 DAYS, THE COMMUNITY HAS JUST BECOME AWARE OF THE COUNTY'S CONTRIBUTION WHICH IS $311 MILLION, ABSENT A COMMUNITY BENEFITS AGREEMENT, AND THE SPURS' CONTRIBUTION OF $500 MILLION. ON JULY 25TH, WHICH IS LESS THAN 30 DAYS FROM TODAY, LESS THAN 30 DAYS FROM TODAY, WE WERE FIRST, THE CITY COUNCIL

[00:35:03]

ASSUMING THE SPURS COST IS 1.3 TO 1.5. YOU MAY BE ASKING HOW DID WE GET TO THIS POINT, IF YOU WERE WATCHING THE NEWS AND YOU THOUGHT WELL, I THOUGHT YOU ALL WERE GOING TO, YOU KNOW, DISCUSS THIS IN EXECUTIVE SESSION, THEN POTENTIALLY ACT ON THIS NEXT WEEK. IN ALL TRANSPARENCY, OVER THE WEEKEND, I RECEIVED SOME INFORMATION THAT THERE MAY BE A PUSH, FRANKLY, TO HAVE A PUBLIC VOTE ON THE TERM SHEET AS SOON AS TODAY. SO BY SUBMITTING MY RESOLUTION THAT, THE INTENT OF THAT IS TO PRESERVE US SOME DECISION SPACE.

OKAY? PRESERVE US SOME DECISION SPACE BECAUSE AGAIN, THE TERM SHEET, WE HAD NOT, FOR FOLKS WHO WANT TO VOTE ON A TERM SHEET AS OF SUNDAY NIGHT, THAT WE HAD NOT YET SEEN BY SUNDAY NIGHT, I THOUGHT WAS PREMATURE, AND SO WANTED AGAIN TO PRESERVE THAT DECISION SPACE. BUT ALSO ENSURE MY COLLEAGUES COULD WEIGH IN ON THAT PROPOSED TERM SHEET WITH THE BENEFIT OF AN INDEPENDENT ECONOMIC STUDY AS WELL AS THE BENEFIT OF THE FEEDBACK FROM THEIR PEOPLE.

SHORTLY AFTER ON THAT SAME EVENING, FIVE COUNCIL COLLEAGUES REQUESTED TO VOTE ON -- VOTE TODAY ON THE PROPOSED TERM SHEET, AGAIN, THE TERM SHEET THAT WE HAD NOT YET SEEN AS OF SUNDAY EVENING. NEXT SLIDE, PLEASE.

DUE DILIGENCE IS NOT ANTI-PROGRESS. IT IS ANTI-POVERTY.

IT IS REALLY IMPORTANT THAT WE TAKE A HARD LOOK AND GET AN INDEPENDENT LOOK AT THE NUMBERS. I WOULD LIKE NOTHING MORE THAN THE ASSESSMENT THAT HAS BEEN PROVIDED TO BE 100% ACCURATE. HOPE, THOUGH, IS NOT A STRATEGY. WE HAVE SEEN IN OUR COMMUNITY THE TIMES WHERE WE HAVE NOT NECESSARILY DONE OUR DUE DILIGENCE AND WE CAN SEE THE IMPACTS OF THOSE EACH DAY, AND AGAIN, THIS IS ABOUT MAKING SURE THAT OUR FOLKS HAVE THE DATA AND ARE BROUGHT INTO THE CONVERSATION. AT THIS POINT IN TIME, THE ONLY ECONOMIC DATA THAT WE HAVE REGARDING THIS HAS BEEN PROVIDED BY THE SPURS. AND AGAIN, I THINK AN INDEPENDENT LOOK AT THIS WOULD ALLOW US THE CONFIDENCE TO GO SELL THIS TO OUR COMMUNITY AND SELL IT HARD. IF THAT INDEPENDENT ECONOMIC DATA COMES BACK AND SAYS YOU KNOW WHAT, THOSE SPURS NUMBERS, THEY ARE RIGHT ON, GO FOR IT, THEN WE'LL DO THAT. IF THAT INDEPENDENT ECONOMIC DATA, THOUGH, SHOWS SOMETHING DIFFERENT, IF IT SHOWS SOMETHING DIFFERENT, THEN WE OWE IT TO THE PEOPLE OF SAN ANTONIO TO HELP THEM UNDERSTAND THE DIFFERENCE, BECAUSE THEY WILL LIVE WITH THE CONSEQUENCES. WE WILL LIVE WITH THE CONSEQUENCES.

[APPLAUSE] THE SPURS CONSULTANT COMPLETED AN ECONOMIC STUDY IN JANUARY OF 2025 THAT. STUDY WAS SHARED WITH MYSELF AND THE COUNCIL IN JULY OF 2025. AS WE ALSO GO THROUGH THIS, LET ME BE CLEAR ABOUT SOME OF THE OTHER CONSIDERATIONS THAT ARE AT THE BACK OF MY MIND. I KNOW IN THE BACK OR MAYBE THE FRONT OF SOME PEOPLE'S MINDS, GIVEN THEIR ECONOMIC REALITY, ON THE HORIZON WE ARE GOING TO SEE FEDERAL CUTS IN MEDICARE AND MEDICAID AND SNAP AND SOCIAL SECURITY, THE CHILDREN'S HEALTH INSURANCE PLAN, TARIFFS, THE IMPACT OF THIS PROJECT ON OUR BOND CAPACITY. THE FACT THAT WE ARE ALREADY LIVING WITH 18% POVERTY AND AS THE CITY STAFF MENTIONED, IF WE DON'T DO ANYTHING TO HELP OURSELVES BECOME STRUCTURALLY SOUND, OUR BUDGET GAP GROWS TO $220 MILLION BY 2030.

THIS IS JUST DUE DILIGENCE. I'M NOT TRYING IN ANY WAY TO STOP ANYTHING, BUT JUST MAKE SURE WE ARE GOING INTO SOMETHING EYES WIDE OPEN, GIVEN WHAT WE KNOW IS ON THE HORIZON FOR OUR COMMUNITY. NEXT SLIDE, PLEASE. HERE ARE A COUPLE OF THE QUESTIONS THAT I THINK ARE REALLY IMPORTANT FOR US TO UNDERSTAND, AND CONSIDER GIVEN THE COMPLEXITY OF THIS PRO PROJECT.

CAN WE, IN FACT, SUPPORT THIS NUMBER OF ARENAS IN OUR COMMUNITY? WHAT IS THE IMPACT TO OUR GENERAL FUND? THE FUND THROUGH WHICH WE PAY

[00:40:05]

NEXT SLIDE, PLEASE. I AM VERY CONCERNED, FRANKLY, BASED ON THE FEEDBACK THAT I HAVE RECEIVED, VERY CONCERNED THAT IF THE PUBLIC DOES NOT TRUST THIS PROCESS, THEY MAY NOT COME OUT AND SUPPORT THE VOTE, THE COUNTY'S VOTE, IN NOVEMBER.

I'M CONCERNED ABOUT THAT. BECAUSE I DON'T KNOW WHAT WOULD HAPPEN IF THAT VOTE FAILS. SO WE HELP OURSELVES, WE HELP OUR COMMUNITY, BY SHOWING THEM THAT WE HAVE DONE OUR DUE DILIGENCE, WE HAVE GONE OUT AND GOT THE INDEPENDENT DATA THAT CORROBORATES OR MAYBE SHOWS A DIFFERENCE WE GO GET THEIR FEEDBACK. WE GO GET THEIR FEEDBACK. I WAS JUST AT A TOWN HALL REGARDING THE BUDGET AND FOLKS WERE VERY INTERESTED IN PROVIDING FEEDBACK ON THE POTENTIAL $489 MILLION CONTRIBUTION FROM THE CITY. THEY WERE VERY INTERESTED IN THAT. I THINK THEY WOULD ALSO BE VERY INTERESTED IN UNDERSTANDING THE SIGNIFICANCE, THE RESULTS, FROM THE INDEPENDENT ECONOMIC STUDY, WHICH IS WHY IT IS MY RECOMMENDATION THAT THIS BODY NOT VOTE ON A TERM SHEET.

SOME WILL SAY OH, IT'S NON-BINDING. WELL, I JUST LAID OUT THE PROCESS FOR YOU, HOW QUICKLY THIS HAS MOVED. GOOD LUCK TRYING TO PULL BACK $489 MILLION. [APPLAUSE] SO TAKING THE TIME TO LAY THIS OUT FOR OUR PEOPLE WITH INDEPENDENT DATA AND WORKING TO GET THEIR FEEDBACK WILL ONLY INCREASE THE ODDS THE COUNTY'S NOVEMBER VOTE IS SUCCESSFUL.

[APPLAUSE] IF INDEPENDENT DATA IS NOT AVAILABLE BY NOVEMBER, WE CAN TELL PEOPLE IN GOOD FAITH, IT'S COMING, IT'S COMING, AND FOLKS SHOULD VOTE ON THE MERITS OF THE COUNTY'S $311 MILLION CONTRIBUTION. NEXT SLIDE, PLEASE.

HERE'S MY FINAL SLIDE. WE HAVE THE TIME AND WE HAVE THE RESOURCES.

A $489 MILLION CITY CONTRIBUTION, I KNOW THERE HAVE BEEN SOME ESTIMATES REGARDING WHAT AN INDEPENDENT ECONOMIC IMPACT STUDY WOULD COST.

I THINK WHAT HAS BEEN THROWN AROUND, $250 TO $500K IS ACTUALLY QUITE HIGH, WHEN I LOOKED AT THE COST OF THE CSL STUDIES BUT LET'S JUST TAKE AS GIVEN THE NUMBERS THAT HAVE BEEN PRESENTED, OR OFFERED. FOR A $489 MILLION CITY CONTRIBUTION, IF THE STUDY COSTS $250K, THAT IS THE EQUIVALENT OF .05 OF OUR CONTRIBUTION. IF THE COST IS 500K, THAT COMES OUT TO .1% OF OUR CONTRIBUTION. THAT IS THE EQUIVALENT OF SPENDING $1 TO UNDERSTAND IF YOU SHOULD SPEND $1,000. WHEN YOU LOOK AT THE TIMELINE HERE, THIS IS A TIMELINE THAT OUR CITY MANAGER SHARED WITH ME YESTERDAY, AND IF YOU ARE ASKING YES, THIS HAS BEEN APPROVED BY THE SPURS, SO YOU CAN SEE WE HAVE ALL OF CALENDAR YEAR 2026 TO NEGOTIATE AND SO FORTH. THE EARLIEST THAT THE CITY WOULD CALL A VOTE IS FOR THE BOND IN MAY 2026, AND WE WOULD HAVE UNTIL FEBRUARY TO DO THAT.

SO WE HAVE FIVE MONTHS, FIVE MONTHS TO GET THE DATA AND TO RECEIVE PUBLIC INPUT.

THAT IS SUFFICIENT TIME TO DO THAT. I WASN'T PLANNING ON DOING

[00:45:01]

WOULD YOU HAVE AN ISSUE WITH THE COMMUNITY TAKING A LITTLE BIT MORE TIME TO --

>> POINT OF ORDER. POINT OF ORDER. THIS PRESENTATION SHOULD HAVE BEEN MADE FROM THE FRONT AND SECOND, THIS WAS NOT IN THE PRESENTATION THAT WE WERE CALLING UP AUDIENCE MEMBERS. I THINK THAT SHOULD BE SAVED FOR OUR DISCUSSION, COUNCIL

DISCUSSION. >> MAYOR JONES: CITY ATTORNEY, IS THERE ANY ISSUE

WITH ME ASKING THE QUESTION RIGHT NOW? >> WALSH: NOT THAT I KNOW, OTHER THAN AS THE COUNCILWOMAN POINTED OUT, IF THERE IS GOING TO BE COUNCIL

DISCUSSION, IT SHOULD BE PART OF THAT. >> MAYOR JONES: IT WASN'T MEANT TO BE COUNCIL DISCUSSION. IT WAS JUST ONE QUESTION TO

THE SPURS OWNER. >> VIAGRAN: I FEEL THIS IS COUNCIL DISCUSSION AND FOR

COUNCIL DISCUSSION, WE NEED A MOTION AND A SECOND. >> POINT OF ORDER.

I AGREE WITH THE COUNCILWOMAN. I THINK WE NEED A MOTION AND A SECOND ON ITEM 4 PRIOR TO

>> SEGOVIA: I WOULD RECOMMEND, IT'S A SIMPLE THING, ASK FOR A MOTION AND A

SECOND, THEN YOU CAN CONTINUE. >> MAYOR JONES: OKAY.

I WOULD LIKE TO ASK ONE QUESTION TO MR. HOLT. I WOULD LIKE TO MAKE A MOTION TO HEAR FROM HIM. IS THERE A MOTION? IS THERE A SECOND TO DO THAT?

>> SEGOVIA: A MOTION TO APPROVE, SECONDED, THEN WE CAN GET INTO THE DISCUSSION.

>> MAYOR JONES: APOLOGIES. THANK YOU. IS THERE A MOTION TO APPROVE ITEM 4 SO WE MAY MOVE TO DISCUSSION? THERE'S A SECOND? OKAY. MR. HOLT, IF YOU WOULD BE SO KIND AS TO APPROACH THE PODIUM OR FROM THERE, IF YOU WOULD LIKE TO SHARE. I WOULD WELCOME HEARING FROM YOU DIRECTLY. I THINK THERE'S BEEN A LOT OF CONCERN ABOUT THE SPURS, THE REACTION, POTENTIAL REACTION, TO US TAKING A LITTLE BIT MORE TIME TO ENSURE WE HAD AN INDEPENDENT STUDY TO CORROBORATE WHAT YOUR ORGANIZATION HAS PROVIDED.

IS THERE ANY, AT THIS POINT, OPPOSITION FROM THE SPURS TO US TAKING SOME TIME TO DO AN INDEPENDENT STUDY AND THEN ALLOWING TIME FOR US TO ENGAGE OUR CONSTITUENTS?

>> YEAH, THANKS, MAYOR. WE BELIEVE THAT THERE'S TREMENDOUS DATA ALREADY EXISTING THAT SHOWS REALLY BIG ECONOMIC IMPACT OF A NEW ARENA IN URBAN CORE, AND THEN THE INDEPENDENT STUDY BY CSL THAT THE CITY STAFF USED VALIDATED THOSE NUMBERS, WHICH IS THE SAME GROUP THAT DID THE ECONOMIC IMPACT STUDY IN PHILADELPHIA AS WELL, AND SO WE FEEL LIKE THERE'S TREMENDOUS POSITIVE DATA THAT SHOWS THIS PROJECT, THIS ARENA, IS GOING TO BE GREAT FOR SAN ANTONIO, AND THAT'S WHY WE'RE WILLING TO MAKE AN HISTORIC INVESTMENT IN OUR COMMUNITY AND HISTORIC INVESTMENT IN OUR URBAN CORE,

WHICH WE ARE EXCITED ABOUT. [APPLAUSE] >> MAYOR JONES: THANK YOU FOR THAT. AT A PREVIOUS SESSION, WE HAD A MEETING AND THERE WAS SOME CONCERN ABOUT SOME OF THE OWNERSHIP OF CSL, SO I THINK THE INDEPENDENT ASSESSMENT OF THE NUMBERS WOULD BE HELPFUL TO OUR COMMUNITY TO SAY -- TO SHOW THAT WE HAVE GOTTEN A LEVEL OF ANALYSIS, ECONOMIC RIGOR ON PAR WITH WHAT PHILADELPHIA GOT BUT DONE BY AN ENTITY THAT DID NOT HAVE ANY OWNERSHIP TIES WITH THE SPURS ORGANIZATION.

WOULD YOU STILL -- [APPLAUSE] AGAIN, I THINK THIS IS IN THE INTEREST OF MAKING SURE WE ARE SUCCESSFUL IN NOVEMBER. SO IN LIGHT OF THAT, WOULD THERE BE ANY OPPOSITION FROM THE SPURS ORGANIZATION TO US SEEKING AN INDEPENDENT

[00:50:06]

TERM SHEET? >> I THINK THERE'S AMPLE INFORMATION THAT EXISTS TODAY THAT SHOWS INCREDIBLE POSITIVE IMPACT WHICH IS WHY WE ARE WILLING TO INVEST BILLIONS OF DOLLARS IN THIS PROJECT, AND ANTONIO AND CONTINUE TO POUR TIME, ENERGY, LOVE AND MONEY INTO THIS CITY THAT BELONGS TO THE SPURS AND THE SPURS BELONG TO IT. AND I THINK THERE'S TREMENDOUS DATA THAT EXISTS. I THINK THERE'S ALSO A TREMENDOUS OPPORTUNITY THAT WE HAVE BETWEEN NOW AND THE ELECTION TO CREATE AN AWARENESS CAMPAIGN AND GO OUT AND TALK TO OUR CONSTITUENTS AND YOUR CONSTITUENTS AND LEAVE IT UP TO THEM TO VOTE IN NOVEMBER, IF THEY SUPPORT THIS PROJECT. WHICH WE ARE VERY POSITIVE

ABOUT. [APPLAUSE] >> MAYOR JONES: SO THE CLAPPING IS UNLIKE MIDNIGHT MASS. BUT -- THERE YOU GO.

I'M GOING TO TRY ONE MORE TIME, JUST KIND OF YES OR NO, MR. HOLT.

IS THERE AN OPPOSITION TO US SEEKING AN INDEPENDENT ECONOMIC STUDY AND ALLOWING US ADDITIONAL TIME TO ENGAGE WITH OUR CONSTITUENTS? JUST YES OR NO, PLEASE.

>> I'M GOING TO TRY ONE MORE TIME AGAIN. THERE'S AMPLE INFORMATION THAT SHOWS -- [SHOUTING] -- THAT THIS CITY DESERVES --

>> ANSWER THE QUESTION! >> MAYOR JONES: ORDER. ORDER, PLEASE.

ORDER. >> THIS CITY DESERVES AN URBAN CORE THAT WE ARE PROUD OF, THAT IS UNIFYING, ACCESSIBLE, AND THAT MAKES SAN ANTONIO WORLD CLASS, CONTINUES SAN ANTONIO'S PROGRESS TO BE A WORLD CLASS DESTINATION AND WE ARE WILLING TO INVEST BILLIONS OF DOLLARS INTO THAT. THANK YOU.

[APPLAUSE]

>> MAYOR JONES: ERIK, DO YOU HAVE A PRESENTATION YOU WOULD LIKE TO MAKE?

>> WALSH: FOR THE NEXT ITEM, MAYOR? >> MAYOR JONES: CORRECT.

>> WALSH: OKAY, YEAH. WE WILL GO AHEAD AND MOVE -- >> MAYOR JONES: HOLD ON ONE SECOND. MADAM CLERK, ERIK CAN MAKE HIS PRESENTATION RIGHT NOW?

ONE SECOND. >> CLERK: SINCE WE ARE HAVING THE PUBLIC SPEAK ON BOTH 4 AND 5, IT WOULD BE HELPFUL IF THE PUBLIC COULD SEE BOTH PRESENTATIONS.

>> SE >> POINT OF ORDER. I'M GOING TO ASK ANDY.

I DON'T KNOW IF I HAVE AN OBJECTION TO HEARING THEM BOTH NOW BUT WE WILL HAVE SEPARATE VOTES, RIGHT, FIRST ON 4, THEN ON 5, IS THAT RIGHT?

>> SEGOVIA: THAT'S CORRECT. THEY ARE SEPARATE ITEMS SO THEY REQUIRE SEPARATE VOTES.

>> IF MY COLLEAGUES ARE OKAY WITH HEARING BOTH, THEN YEAH. LET'S GO AHEAD.

THANK YOU. >> MAYOR JONES: THANK YOU FOR CONFIRMING WHAT I JUST SAID.

>> WALSH: THANK YOU, MAYOR. AS BEN GOES UP TO THE PRESENTATION, IT'S A RELATIVELY SHORT PRESENTATION THAT RECAPS THE TERM SHEET THAT WAS LISTED ON TODAY'S AGENDA. I WANTED TO, AS HE GETS PREPARED, KIND OF RESET FOR THE COUNCIL THE OBJECTIVES THAT WE UTILIZED TO NEGOTIATE THE TERM SHEET.

ONE WAS TO NOT USE ANY EXISTING CITY FUNDS TO PAY FOR THE ARENA.

TWO WAS TO MITIGATE THE CITY'S RISK ASSOCIATED WITH THE ARENA.

THREE, ACHIEVE A GUARANTEED PRIVATE DEVELOPMENT ON CITY PROPERTY SURROUNDING THE ARENA. FOUR, NEGOTIATE A COMMUNITY BENEFITS AGREEMENT OVER THE COMPLETE 30-YEAR TERM. THEN LASTLY, ENSURE THE SPURS REMAIN IN SAN ANTONIO LONG-TERM. THE TERM SHEET ACCOMPLISHES THOSE FIVE OBJECTIVES.

I WILL TURN IT OVER TO BEN TO WALK THROUGH. IT'S A SHORT PRESENTATION.

I KNOW THERE ARE A LOT OF FOLKS IN THE ROOM THAT WANT TO SPEAK.

[00:55:02]

>> GORZELL: GOOD MORNING, MAYOR AND COUNCIL MEMBERS. JUST AS A REMINDER, WE HAVE TALKED ABOUT THIS. THIS TERM SHEET IS A NON-BINDING FRAMEWORK FOR FUTURE DEFINITIVE NEGOTIATIONS ON DEFINITIVE AGREEMENTS FOR THE PROJECT.

IT DOES NOT CONSTITUTE AN OFFER OF ACCEPTANCE OR LEGALLY BINDING AGREEMENT.

IT IS AN AGREEMENT BETWEEN THE CITY AND THE SPURS. THAT IS CONDITIONED UPON THE APPROVAL OF THE BALLOT MEASURE THAT THE BEXAR COUNTY COMMISSIONERS COURT HAS PUT FORTH FOR NOVEMBER 4TH ON THE VENUE TAX FUNDING FOR THIS PROJECT.

JUST AT A HIGH LEVEL AGAIN, WE ARE TALKING ABOUT THE ARENA PROJECT SPECIFICALLY.

THIS SLIDE HAS BEEN UPDATED. YOU HAVE SEEN IT BEFORE. BUT ESSENTIALLY OUTLINES THE FUNDING FOR THE ARENA ITSELF. THE SPURS CONTRIBUTION IS ON THE FAR LEFT AT $500 MILLION PLUS ANY COST OVERRUNS. THE COUNTY NUMBER AT $311 MILLION WITH A POTENTIAL CONTRIBUTION UP TO 25% OF THE PROJECT COST, UP TO A MAXIMUM OF $311 MILLION.

OUR CONTRIBUTION IN THE TERM SHEET WOULD BE UP TO 38% OF THE COST OF THE ARENA UP TO A MAXIMUM OF $489 MILLION. IF YOU ADD UP THE $500 MILLION, 311 AND 489, THAT IS THE $1.3 BILLION APPROXIMATE COST THAT YOU SEE ON THE BOTTOM OF THE SLIDE.

IT IS APPROXIMATE BECAUSE IT CAN CHANGE. THE REALLY IMPORTANT FEATURES ARE ON THE LEFT. IF IT DOES GO ABOVE $1.3 BILLION, THAT IS SOLELY THE SPURS' RESPONSIBILITY. BREAKING THAT DOWN A LITTLE BIT MORE, AGAIN, THE SPURS TEAM WILL PUT IN $500 MILLION PLUS ANY COST OVERRUNS, THEN ON THE COUNTY SIDE, WE HAVE GOT THE VENUE TAX, WHICH IS REALLY COMPRISED OF TWO THINGS.

THE COUNTY HOT TAX AT 1.75%. THEY HAVE AN INCLUSION TO TAKE THAT TO 2%, MAXIMUM ALLOWED UNDER STATE LAW. AND THE MOTOR VEHICLE RENTAL TAX AT 5%.

THAT IS WHAT WILL BE ON THE NOVEMBER 4TH ELECTION. THAT WOULD ALLOW UP TO A MAXIMUM CONTRIBUTION OF $311 MILLION. AGAIN, AS ERIK TALKED ABOUT, THE STRUCTURE OF OUR CONTRIBUTION TO THE ARENA WAS PREDICATED ON NOT USING EXISTING CITY RESOURCES OR FUNDS. THIS IS THAT STRUCTURE.

SO ON THE TOP PART HERE, WE HAVE GOT THE ARENA LEASE, SO WHEN THE ARENA IS BUILT T SPURS WILL BE PAYING A LEASE OR RENT FOR THAT BUILDING. WE HAVE THE HEMISFAIR TIRZ THAT HAS VERY LITTLE DEVELOPMENT IN IT TODAY, THAT THEY WILL BE PROVIDING GUARANTEED NEW MIXED USE DEVELOPMENT, HOTEL, OFFICE, HOUSING AND RETAIL, THAT WILL BE CONSTRUCTED OVER ABOUT A 12-YEAR PERIOD OF TIME. THE PROPERTY TAXES FROM THAT WILL BE GUARANTEED THROUGH THAT TIRZ, SO THAT'S A FUNDING SOURCE.

THE GROUND LEASES FOR THAT DEVELOPMENT WILL BE PART OF THE FUNDING STRUCTURE AS WELL. ON THE FAR RIGHT, WE HAVE OUR PROJECT FINANCE ZONE THAT WE REESTABLISHED IN MAY OF THIS YEAR THAT DESIGNATED THE CONVENTION CENTER COMPLEX AS THE QUALIFYING PROJECT. THAT INCLUDES THE ARENA, THE CONVENTION CENTER AND THE ALAMODOME. THESE ARE STATE REVENUES THAT ARE INCREMENTAL REVENUES IN A THREE-MILE ZONE AROUND THE COMPLEX. SO THESE ARE REVENUES THAT WOULD NORMALLY FLOW TO THE STATE BUDGET. THEY ARE GOING TO ALLOW US TO CAPTURE AND USE FOR THIS PROJECT. ALL OF THOSE COMBINED GET US TO THE $489 MILLION CONTRIBUTION I MENTIONED, MAXIMUM.

THIS SLIDE IS NEW, FROM WHAT YOU HAVE SEEN BEFORE. I WILL SPEND A LITTLE TIME ON IT AND DESCRIBE WHAT IT IS. WHEN WE TAKE THAT $489 MILLION CONTRIBUTION TO THE ARENA AND DO A BOND FINANCING, HOW DOES THAT DEBT GET PAID FOR? THIS SLIDE OUTLINES THAT. ON THE TOP, THE ARENA LEASE, THE NEW DEVELOPMENT AND DEVELOPMENT WITHIN THE HEMISFAIR TIRZ, THE GROUND LEASE THAT WILL BE PAID BY PRIVATE DEVELOPERS, WHEN YOU COMBINE ALL OF THAT REVENUE STREAM AND WE PROJECT THAT OVER THE LIFE OF THE DEBT, IT ACCOUNTS FOR ABOUT 52% OF THAT DEBT SERVICE.

THE REMAINING 48% COMES FROM THE STATE'S INCREMENTAL HOTEL ASSOCIATED REVENUE THAT I MENTIONED IN THAT THREE-MILE ZONE. IT'S REALLY A COMBINATION OF USING THE SPURS AND DEVELOPERS, GUARANTEES, CONTRIBUTIONS AND LEASES AND RENTS ALONG WITH THE STATE'S INCREMENTAL HOTEL ASSOCIATED REVENUE THAT ALLOWS US TO PAY FOR THE DEBT SERVICE ON THESE BONDS. NOW, I'M GOING TO MENTION BECAUSE I'M SURE I WILL GET THE QUESTION ABOUT WHY IT STILL SAYS PRELIMINARY.

THIS BOND ISSUE, IT WOULD BE SCHEDULED FOR AROUND 2028, PROBABLY FALL OF 2028.

THAT TIMELINE. COULD SLIDE A LITTLE BIT. WITH ANY BOND ISSUE THAT WE DO, IT'S GOING TO BE PRELIMINARY UNTIL WE GET CLOSER TO THE BOND SALE ITSELF, BECAUSE WE HAVE GOT TO LOOK AT WHERE THE FINANCIAL MARKETS ARE.

YOU GOT TO LOOK AT WHERE INTEREST RATES ARE. WE WILL STRUCTURE THE DEBT

[01:00:03]

WE HAVE GOT WE HAVE OF COURSE GOT THE SPURS ARENA, RENOVATIONS OF THE ALAMODOME, AND POTENTIALLY A HOTEL LATER ON TO THE NORTH, KIND OF WHERE THE WATER PLANT IS TODAY.

THE LIGHT-SHADED AREA IS REALLY DESCRIBING THE AREA WE ARE TALKING ABOUT FROM A DISTRICT PERSPECTIVE. THE AREAS OF INVESTMENT THAT WE HAVE BEEN FOCUSED ON AND THE PROJECTS WE HAVE BEEN WORKING ON. THE DARKER BLUE AREA IS SPECIFICALLY RELATED TO THE TERM SHEET AND OUTLINES TWO THINGS.

ONE, IT OUTLINES THE AREA WHERE THE ARENA WOULD GO, IF THIS MOVES FORWARD, AND THE SECOND IS IT OUTLINES THOSE AREAS OF PRIVATE DEVELOPMENT, WHERE THOSE GUARANTEED DEVELOPMENT IS GOING TO BE COMING FROM, THE SPURS AND THEIR DEVELOPER OR DEVELOPERS. IT'S ABOUT APPROXIMATELY 25 ACRES, ABOUT SEVEN ACRES USED FOR THE ARENA, ABOUT 18 ACRES FOR THAT MIXED USE PRIVATE DEVELOPMENT.

THESE SLIDES, I'M GOING TO GO THROUGH PRETTY QUICKLY. THESE ARE REALLY JUST COMING OUT OF THE TERM SHEET. I WILL JUST HIGHLIGHT THE PROVISIONS BUT OBVIOUSLY, THERE'S MORE DETAIL WITHIN THE TERM SHEET ATTACHED TO THE ITEM.

BUT AGAIN, THE SPURS, WHEN WE TALK ABOUT THEIR OBLIGATIONS IN THE TERM SHEET, THEY WILL BE RESPONSIBLE FOR MAKING A CONTRIBUTION OF $500 MILLION TO THE ARENA PROJECT ITSELF PLUS COVERING ANY COST OVERRUNS SO IF THAT NUMBER EXCEEDS $1.3 BILLION, THAT IS SOLELY THEIR RESPONSIBILITY TO FUND. THEY WILL ALSO BE REQUIRED ALONG WITH A DEVELOPER OR DEVELOPERS TO COMMIT TO $1.4 BILLION IN GUARANTEED TAXABLE VALUE INCREMENT FOR NEW MIXED USE DEVELOPMENT OVER A 12-YEAR PERIOD.

THAT WILL OCCUR ON THE 18 ACRES WE JUST LOOKED AT ON THE PREVIOUS SLIDE, AND WILL OCCUR AND BE BUILT OUT OVER THE 12-YEAR PERIOD. IT IS BROKEN UP IN THE TERM SHEET INTO TWO PHASES. THIS IS REALLY IMPORTANT, BECAUSE THAT FIRST PHASE, THE $500 MILLION IN GUARANTEED TAXABLE VALUE, HAS TO GO IN AT THE SAME TIME AS THE ARENA. THERE'S LANGUAGE IN THE TERM SHEET THAT REQUIRES THAT THAT DEVELOPMENT BE READY TO MOVE AND BE EXECUTED AT THE SAME TIME THE ARENA MOVES FORWARD.

IF IT DOESN'T, WE DON'T MOVE FORWARD WITH OUR FINANCING. THOSE TWO ARE TIED.

SO THAT DEVELOPMENT WILL GO IN AT THE SAME TIME AS THE ARENA.

THE REMAINING $900 MILLION OR SO WILL GO IN OVER THE BALANCE OF THAT DEVELOPMENT PERIOD. COMMUNITY BENEFITS, THE SPURS WILL CONTRIBUTE $2.5 MILLION ANNUALLY OVER THE ARENA LEASE TERM WHICH IS 30 YEARS, FOR A TOTAL OF $75 MILLION.

AS WE HAD TALKED ABOUT BEFORE, AND HAD RECOMMENDED, IT IS FUNDING COMING INTO THIS COMMUNITY BENEFITS FUND. AT THE EBND OF THE DAY THAT FUNDING WILL BE ALLOCATED BASED ON A PROCESS YOU ALL DECIDE. THEY WILL CONTINUE TO MAINTAIN THEIR HISTORIC PHILANTHROPIC EFFORTS WITHIN THE COMMUNITY.

MANY OF THOSE ARE LISTED IN THE TERM SHEET. I WON'T GO THROUGH ALL THOSE BUT OBVIOUSLY THEY TALK ABOUT YOUTH SPORTS, SUPPORT FOR SMALL BUSINESSES, THERE'S A LONG LIST THERE. THE SPURS WILL CONTINUE TO DO THOSE EFFORTS IN THE COMMUNITY AS WELL. THEY ALSO AGREED AS PART OF THE TERM SHEET TO PAY THE CITY'S ENTRY WAGE AS A MINIMUM FOR ALL FULL-TIME EMPLOYEES AT THE ARENA.

ANOTHER KEY POINT HERE, AS THE SPURS WILL PROVIDE, IF WE HAVE A SUCCESSFUL ELECTION IN NOVEMBER, THEY WILL PROVIDE UP TO $30 MILLION IN FUNDING THAT WOULD OCCUR THIS CALENDAR YEAR THAT THE CITY WILL USE TO BUY THE FEDERAL PROPERTY FROM THE GENERAL SERVICES ADMINISTRATION. THAT PROPERTY WILL BE OWNED BY US, THE CITY, AND WILL BE LEASED TO PRIVATE DEVELOPERS, SO WE WILL BE GETTING THE GROUND LEASE AND PRIVATE DEVELOPMENT ON THAT BUT THIS CONTRIBUTION WAS IMPORTANT FROM THE STANDPOINT THAT THIS IS SOMETHING WE NEED TO EXECUTE BY THE END OF THIS CALENDAR YEAR.

THIS PROVIDED A SOURCE OF FUNDING FOR US TO BE ABLE TO DO THAT.

WE HAD OTHER OPTIONS BUT THIS IS A BETTER OPTION FOR US TO BE ABLE TO MOVE FORWARD, EXECUTE AND BUY THAT PROPERTY AND WE ARE ABLE TO WORK THAT OUT IN PARTNERSHIP WITH THE SPURS. THE SPURS WILL ALSO PAY INITIAL RENT IN THE ARENA IN YEAR ONE WHEN IT OPENS, $4 MILLION ESCALATING BY 2% YEAR THEREAFTER.

[01:05:01]

THIS $4 MILLION ESCALATING AT 2% HAS A VALUE OF ABOUT $160 MILLION.

THE SPURS WILL ALSO SOLELY BE RESPONSIBLE FOR OPERATING AND MAINTAINING THE ARENA.

ALL CAPITAL DAY EVENT OPERATIONS, REPAIRS AND REPLACEMENTS, ANYTHING THAT IS AN ISSUE WITH THE ARENA WILL BE SOLELY THEIR RESPONSIBILITY.

THERE IS A NON-RELOCATION COMMITMENT IN THE TERM SHEET. THAT WILL REQUIRE THE SPURS TO MAINTAIN THEIR NBA FRANCHISE IN SAN ANTONIO, PLAY THEIR HOME GAMES IN THE ARENA AND THERE WERE SOME EXCEPTIONS NOTED IN THE TERM SHEET.

JUST A COUPLE OF OTHER THINGS I WILL HIGHLIGHT. THE ARENA WILL BE OWNED BY THE CITY. SO BY CITY-CONTROLLED ENTITY, I SHOULD SAY.

WHILE THE SPURS ARE GOING TO MAKE A SIGNIFICANT INVESTMENT INTO THE BUILDING, THE COUNTY IS GOING TO INVEST A VENUE TAX. THIS WILL BE AN ASSET THAT WILL BE OWNED INSIDE OF A CITY-CONTROLLED ENTITY. THE SPURS WILL HAVE THE EXCLUSIVE NAMING, ADVERTISING AND BROADCAST RIGHTS TO THE ARENA.

THE CITY IS GOING TO RETAIN NAMING, ADVERTISING AND SIGNAGE RIGHTS TO THE DISTRICT, THE AREAS EXCLUDING THE ARENA, THE REMAINING ARENA SITE, KIND OF THE PLAZA OUTSIDE, EXPECTED PLAZA OUTSIDE THE ARENA, AND THE PRIVATE DEVELOPMENT AREAS THAT I MENTIONED. AS PART OF THE TERM SHEET OBVIOUSLY IN ORDER TO MAKE THIS DEAL WORK, THE CITY IS GOING TO HAVE TO MOVE FORWARD AND ACQUIRE THE ITC PROPERTY FROM THE UNIVERSITY OF TEXAS SYSTEM. I MENTIONED THE ACQUISITION OF THE FEDERAL PROPERTY FROM THE GENERAL SERVICES ADMINISTRATION.

WILL BEGIN USING THAT $30 MILLION UP-FRONT CONTRIBUTION THE SPURS WILL BE MAKING TOWARDS THIS PROJECT LATER ON THIS CALENDAR YEAR, IN ORDER TO ACQUIRE THAT PROPERTY, AND THEN WE DO NEED TO EXTEND THE TERM OF THE HEMISFAIR TIRZ. SO WE NEED TO ALIGN THAT TERM WITH THE BOND FINANCING SO AS WE ISSUE DEBT OUT OF THAT WITH A SOURCE BEING PLEDGED FROM THE TIRZ, WE NEED TO MAKE SURE THAT ALIGNS WITH THAT BOND FINANCING.

THEN COUPLE THINGS I WANTED TO MENTION HERE. OUR CONTRIBUTION OF FUNDS I MENTIONED WOULD HAPPEN IN 2028. THAT TIMELINE COULD MOVE BUT AS WE PLANNED IT OUT, IT'S IN 2028. IN ORDER FOR US TO MOVE FORWARD WITH AN ISSUANCE, WE HAVE GOT TO HIT THE FINANCIAL METRICS THAT WE HAVE BEEN MODELING IN OUR ASSUMPTION. THINGS LIKE DEBT SERVICE COVERAGE, I WON'T GET INTO THE WEEDS BUT AS WE TALK ABOUT KIND OF WHAT THOSE REVENUES LOOK LIKE, THE PFZ REVENUES, THAT WILL NEED A LITTLE TIME TO MATURE, WE WILL BE ABLE TO LOOK AT THOSE OVER THE NEXT COUPLE YEARS. BUT ONE OF THE CONDITIONS TO THIS IS WE HAVE TO BE ABLE TO HIT SOME METRICS FROM A FINANCIAL PERSPECTIVE BEFORE WE WOULD RECOMMEND ISSUING BONDS FOR THE PROJECT. THE TERM SHEET DOES ALSO INCLUDE A REFERENCE TO A RENOVATION OF THE ARENA BETWEEN THE 13TH AND 15TH YEAR OF OPERATION.

IT IS SUBJECT TO AGREEMENT ON A FUNDING MECHANISM SO I THINK IN THE DEFINITIVE AGREEMENTS, IT WILL OUTLINE A REQUIREMENT THAT THAT BE LOOKED AT IN THE 13TH AND 15TH YEARS AND THE PARTIES WILL REVIEW THAT AT THAT POINT IN TIME.

IMPORTANT FEATURE, MUCH LIKE WE WOULD WITH OUR OWN BUILDINGS OR WHAT WE SHOULD BE DOING WITH OUR BUILDINGS, YOU REALLY WANT TO MAKE SURE YOU REFRESH, KEEP THEM UP TO DATE AND DO EVERYTHING YOU CAN TO EXTEND THE LIFE OF THAT BUILDING FAR BEYOND 30 YEARS. SO THAT'S GOING TO BE IMPORTANT, AN IMPORTANT FEATURE OF IT AS WELL. THE SPURS AS AN NBA BASKETBALL TEAM ARE OBVIOUSLY SUBJECT TO THE ONGOING AUTHORITY OF THE RULES OF THE N NBA. A COUPLE OF THINGS HERE ON COLLABORATION.

THE PARTIES, THE CITY AND THE SPURS, AGREE TO COLLABORATE ON PARKING, TRANSPORTATION AND SECURITY FOR ARENA EVENTS AND RELATED ACTIVITIES. KEEP IN MIND THE ARENA WOULD BE OPENING BASED ON THIS TIMELINE IN ROUGHLY THE SUMMER OF 2032, SO ABOUT SEVEN YEARS FROM NOW. WE WILL CONTINUE TO WORK WITH THE SPURS, IT WOULD BE A SHARED RESPONSIBILITY. OBVIOUSLY WE HAVE BUILDINGS IN THE DISTRICT, WE WILL HAVE TO WORK ON WHAT THAT LOOKS LIKE IN TERMS OF THAT SHARED RESPONSIBILITY FOR THESE ACTIVITIES. THE LAST ONE I'M EXCITED ABOUT AS WELL.

THIS PROVISION REALLY TALKS ABOUT THE FACT THAT IF OUR CONVENTION CENTER EXPANSION MOVES FORWARD, IT WILL LIKELY BE ON A SIMILAR PATH OR SIMILAR TIMELINE WITH THE SPURS HAVE TALKED ABOUT, WHAT WE HAVE TALKED ABOUT WITH THEM, IS REALLY LOOKING FOR AREAS WHERE WE CAN IDENTIFY COST SAVINGS THROUGH EFFICIENCIES.

EVERYTHING FROM HOW WE PROCURE MATERIALS, IF WE CAN GET A BETTER PRICE FOR BUYING FOR BOTH FACILITIES, WE SHOULD DO THAT. IF WE CAN FIND WAYS TO BE MORE EFFICIENT THROUGH THE PROCUREMENT PROCESS, THEN WE SHOULD DO THAT.

HOW WE DO PROJECT MANAGEMENT, ALL OF THOSE ELEMENTS THAT GO AROUND PROCUREMENT, PROJECT MANAGEMENT, WE WANT TO LOOK AT ALL THOSE ACTIVITIES AND SEE BETWEEN THOSE FACILITIES,

[01:10:02]

SO I'M REALLY EXCITED ABOUT THAT APPROACH. THAT'S SOMETHING WE WILL CONTINUE TO WORK ON WITH THEM AS WELL. AND WITH THAT, MAYOR, THAT KIND OF SUMS UP THE HIGHLIGHTS

QUESTIONS. >> MAYOR JONES: THANK YOU, BEN.

LET'S MOVE ON TO MEMBERS OF THE PUBLIC SIGNED UP TO SPEAK ON ITEMS 4 AND 5.

I WILL CALL INDIVIDUALS IN ORDER OF SIGN-UP. THE FIRST PERSON IS GRACIELASANCHEZ. ALL INDIVIDUALS WILL HAVE TWO MINUTES TO SPEAK.

GROUPS OF THREE OR MORE WILL HAVE A TOTAL OF SIX MINUTES. WE HAVE 108 FOLKS SIGNED UP TO SPEAK. I WOULD ASK THAT AS I CALL YOU AND SAY HEY, YOU ARE ON DECK, PLEASE MAKE YOUR WAY HERE SO WE CAN GET THROUGH THIS PRETTY EXPEDITIOUSLY.

>> I'M UP WITH SHERI CAMPOS AS WELL. >> MAYOR JONES: FOUR MINUTES,

PLEASE. >> MY NAME IS GRACIELASANCHEZ.

WE SUPPORT ITEM NUMBER 4. FOR MOST OF ITS HISTORY, SAN ANTONIO HAS BEEN CONTROLLED BY BUSINESS ELITE WHO USE GOVERNMENT AUTHORITY TO PROFIT OFF THE POOR.

THIS EXPLOITATION WAS AIDED BY AT-LARGE ELECTION OF COUNCIL MEMBERS.

IN 1977, UNDER THREAT OF SUIT, THE CITY AGREED TO SINGLE-MEMBER DISTRICTS.

WE THOUGHT THAT REPRESENTATION BY 10 COUNCIL MEMBERS WOULD REVOLUTIONIZE THE CITY GOVERNMENT BECAUSE COUNCIL MEMBERS WOULD REPRESENT THE INTERESTS OF THEIR CONSTITUENTS IN DIFFERENT PARTS OF THE CITY. BUT 48 YEARS LATER, WE SEE THAT CONTROL OF THE CITY IS STILL IN THE HANDS OF THE FINANCIAL ELITE AND GOVERNMENT -- AND GOVERNMENT IS STILL BEING USED TO EXPLOIT OUR MIDDLE AND WORKING CLASS COMMUNITIES. PROJECT MARVEL IS A VIVID EXAMPLE OF THIS.

FOR ABOUT TWO YEARS, THE CITY MANAGER AND HIS STAFF HAVE BEEN NEGOTIATING A DEAL TO CREATE THE SPORTS AND ENTERTAINMENT DISTRICT IN BACKROOM SESSIONS, COMPLETE WITH NON-DISCLOSURE AGREEMENTS WHICH HAVE KEPT YOU, OUR ELECTED REPRESENTATIVES, OUT OF THE DISCUSSIONS. FINALLY, ON JULY 25TH, OUR NEW MAYOR HOSTED A SPECIAL COUNCIL MEETING ON PROJECT MARVEL.

FOR THE FIRST TIME, THE PUBLIC WAS GIVEN THE OPPORTUNITY TO SPEAK TO THE COUNCIL ABOUT THE PROJECT AND IT WASN'T UNTIL JULY 28TH THAT WE SAW THE SO-CALLED ECONOMIC ANALYSIS, A 22-PAGE PROMOTIONAL PACKET THAT LACKS SUPPORTING DATA AND ANALYSIS.

THIS WAS LESS THAN A MONTH AGO, GUYS, YET YOU ARE READY TO AGREE TO AN EXTRAORDINARY EXPENDITURE OF FUNDS ON THIS PROJECT. THE DETAILS AND IMPACT OF WHICH YOU REMAIN IGNORANT. YOU ALL WERE TOLD OH, THIS IS A SPECIAL ARRANGEMENT WITH THE STATE, THE CITY CAN KEEP THE STATE'S PORTION OF THE HOT TAX, BUT OF COURSE, THAT SPECIAL ARRANGEMENT WAS CREATED BY CITY LOBBYISTS IN AUSTIN AT THE BIDDING OF THESE SAME WEALTHY INVESTORS TO CONVINCE YOU TO APPROVE A COMMITMENT OF FUNDS IN THE AMOUNT OF AT LEAST $459 MILLION -- $459 MILLION AND THE EXTRA $60 MILLION FOR THE PURCHASE OF THE LAND FOR THE FUTURE ARENA. AND YOU ARE WILLING TO ACCEPT AN UNSUPPORTED PREDICTION THAT THE HOTEL TAX MONEY WILL COVER THIS EXTRAORDINARY COMMITMENT WITHOUT ANY DETAILED ECONOMIC ANALYSIS. IN MAY, YOU WERE TOLD THIS PAST MAY, YOU WERE TOLD THAT THE SALES AND HOT TAXES FOR THIS COMING BUDGET WERE NOT MEETING BUDGET PROJECTIONS, BUT NOW YOU BELIEVE THAT THE HOT TAX WILL GENERATE ENOUGH TO COVER THE TERM SHEET COMMITMENT? AND THEY TELL YOU THE TERM SHEET IS NOT BINDING BUT DO YOU REALLY BELIEVE THAT THE CITY COUNCIL WILL HAVE ANOTHER OPPORTUNITY TO RENEGOTIATE CONTRIBUTION? IT WILL NEVER HAPPEN.

YOU ARE DOING THIS WITHOUT REQUIRING A DETAILED INDEPENDENT ANALYSIS.

[01:15:05]

AND SO MUCH FOR SINGLE-MEMBER DISTRICTS AND REPRESENTATIVE DEMOCRACY IN SAN ANTONIO.

[APPLAUSE] >> MAYOR JONES: HAYWOOD SANDERS FOLLOWED BY

LUPITA LUPITAGONZALEZ. >> COULD YOU CALL ANTONIO

CABRALAS WELL? >> MAYOR JONES: ONE SECOND. I SEE HIM.

NUMBER 62. OKAY. FOUR MINUTES.

>> THANK YOU VERY MUCH. MAYOR, COUNCIL MEMBERS, CITY MANAGER, MY NAME IS HAYWOOD SANDERS. I'M A RESIDENT OF DISTRICT 1 AND A PROFESSOREMERITUS OF PUBLIC ADMINISTRATION AT UTSA. I WOULD LIKE TO SPEAK DIRECTLY TO ITEM 4 AND THE PROPOSAL FOR AN INDEPENDENT ECONOMIC ANALYSIS.

I HAVE LOOKED AT THE VERY MODEST AMOUNT OF MATERIAL THAT THE SPURS ORGANIZATION HAS MADE AVAILABLE FROM THE REPORT DONE BY STONE PLANNING ON THE ECONOMIC IMPACT OF A NEW ARENA. FRANKLY, THERE'S BARELY ANYTHING THERE.

THERE ARE NUMBERS BUT IT'S IMPOSSIBLE TO FIND OUT WHAT THE ASSUMPTIONS ARE THAT LIE BEHIND THE NUMBERS, WHAT THE METHODOLOGY IS THAT GENERATED THOSE NUMBERS, AND WHAT THOSE NUMBERS, THE LIKELIHOOD THAT THOSE NUMBERS ACTUALLY REASONABLY REPRESENT WHAT WE CAN EXPECT WITH A SECOND ARENA. MOST NOTABLY, THE STONE REPORT INDICATES THAT THE NUMBER OF OUT-OF-TOWN VISITORS AND THE NUMBER OF OUT-OF-TOWN AS A RESULT, THE NUMBER OF HOTEL ROOM NIGHTS GENERATED BY THOSE OUT-OF-TOWN VISITORS WILL MORE THAN DOUBLE, MORE THAN DOUBLE WITH A NEW ARENA.

NOW, UNLESS OUR EXISTING FROST BANK CENTER IS GOING TO EVAPORATE INTO THIN AIR, IT'S SIMPLY NOT CLEAR HOW A NEW ARENA WILL GENERATE SO MANY NEW EVENTS THAT WILL ATTRACT THE OUT-OF-TOWN VISITOR ACTIVITY THAT DRIVES THE ECONOMIC IMPACT THAT THAT REPORT SUGGESTS WILL HAPPEN. YOU HEARD FROM PETER HOLT. HE IS SIMPLY UNWILLING TO SUPPORT AN INDEPENDENT ANALYSIS. IT MAKES NO SENSE.

A SECOND SET OF EYES, AN INDEPENDENT LOOK AT THE STONE REPORT AND THE KIND OF METHODOLOGY AND ASSUMPTIONS BUILT INTO IT IS CRITICAL, AND YOU HAVE THE TIME, AND YOU HAVE THE RESOURCES TO MAKE SURE THAT THOSE NUMBERS ARE REASONABLE.

OTHERWISE, WE'RE JUST TALKING ABOUT WHETHER OR NOT WE LOVE THE SPURS AND WHETHER WE HAVE SOME GRAND VISION AND WHETHER AS THE SEVENTH LARGEST CITY IN THE COUNTRY, WE DESERVE TO HAVE TWO ARENAS. AND I'M SORRY. FOR ME, AND I TRUST FOR YOU, THAT'S SIMPLY NOT GOOD ENOUGH. [APPLAUSE] BUT LET ME ADD SOMETHING ELSE, PARTICULARLY WHEN IT'S BEEN INDICATED THAT CSL REVIEWED THOSE NUMBERS AND SAID THEY WERE COINCIDENT WITH OTHER STUDIES THAT CSL HAS DONE. WE HAVEN'T HAD MUCH TIME TO TAKE A LOOK AT THE FULL REPORT OF CSL ON THE CONVENTION CENTER, THE ALAMODOME AND THE MIXED USE DISTRICT THAT SURROUNDS THEM BECAUSE THAT REPORT WAS JUST RELEASED A MATTER OF DAYS AGO. BUT I HAVE TAKEN A LOOK AT THAT LATEST CSL REPORT LABELED FINAL DRAFT AND THERE ARE PROBLEMS THERE. THERE ARE QUESTIONS THERE.

THERE ARE NUMBERS THAT SIMPLY DON'T FIT. AND SO NOT ONLY DO WE NEED THE TIME, DO WE NEED THE INDEPENDENT VIEW OF THE ECONOMIC IMPACT AND POTENTIAL BENEFIT OF A NEW SPURS ARENA ALONG WITH THE EXISTING FROST BANK CENTER.

[01:20:07]

>> MAYOR JONES: THANK YOU, SIR. >> THANK YOU.

[APPLAUSE] >> MAYOR JONES: LUPITAGONZALES.

>> THANK YOU, MAYOR, COUNCIL. I URGE YOU TO REQUIRE AN INDEPENDENT ECONOMIC IMPACT ANALYSIS BEFORE MOVING FORWARD WITH ANY FURTHER NEGOTIATIONS OR VOTING ON ANY TERM SHEET. WE, CITIZENS AND TAXPAYERS, DESERVE FULL TRANSPARENCY ABOUT THE COSTS AND BENEFITS OF THIS PROJECT, INCLUDING INDIRECT COSTS.

I WAS VERY SHOCKED AT THE NINTH HOUR OF OUR LAST SESSION THAT CITY STAFF WERE UNAWARE WHAT A DISPLACEMENT IMPACT ASSESSMENT WAS. ALSO, THERE WAS A COMMENT MADE BY CITY STAFF SAYING THERE WILL BE NO DISPLACEMENT.

THAT IS TERRIFYING. THAT CITY STAFF ARE ILL-EQUIPPED, UNAWARE OR PRETENDING TO BE. I DON'T KNOW WHICH IT IS. I URGE YOU TO ALSO REQUIRE A HEALTH IMPACT ASSESSMENT INCLUDING CLIMATE, HOUSING AND ENVIRONMENTAL IMPACT ANALYSIS. HERE IN SAN ANTONIO, THE REALITY IS STARK.

THERE'S A 20-YEAR DIFFERENCE IN CITY EXPECTANCY BETWEEN ZIP CODE 78207 AND WEALTHIER PARTS OF OUR CITY. THIS GAP IS NOT AN ACCIDENT. REDLINING AND STRUCTURAL RACISM STILL SHAPES WHO THRIVES AND WHO STRUGGLES. AND THAT'S WHY THIS COUNCIL'S EXISTING POLICIES MATTER. ON PAGE 42 OF SAN ANTONIO'S HOUSING POLICY FRAMEWORK, UNDER ITS STATED POLICY PRIORITY LABELED PREVENT AND MITIGATE DISPLACEMENT, ITS POLICY PRIORITY REQUIRES PUBLIC AGENCIES TO CONDUCT A DISPLACEMENT IMPACT ASSESSMENT FOR PUBLIC PROJECTS OVER $15 MILLION AND TO BUDGET FOR MITIGATION.

THE SA CLIMATE READY ADS ON PAGE 48 THAT WE MUST INCLUDE ANTI-DISPLACEMENT MEASURES TO HELP VULNERABLE RESIDENTS STAY IN THEIR HOMES. SO I SAY LET'S REQUIRE THE INDEPENDENT ECONOMIC IMPACT STUDY, REQUIRE THE INDEPENDENT RACE AND HEALTH EQUITY IMPACT ASSESSMENT. SAN ANTONIO WILL NOT REPEAT THE MISTAKES OF THE PAST AND EVERY CHILD, NO MATTER THEIR ZIP CODE, DESERVES THE CHANCE TO BE HEALTHY AND HAVE A THRIVING FUTURE. THANK YOU. [APPLAUSE]

>> MAYOR JONES: FATHER RICHARD AGUILAR FOLLOWED BY USUUALROOT.

>> GOOD MORNING. THIS IS THE THIRD TIME I HAVE EVER SPOKEN BEFORE THE CITY COUNCIL AND THIS ALL HAPPENED IN THE LAST MONTH. A NATIVE OF SAN ANTONIO, AND I'M A SPURS FAN SINCE 1973. I HAVE TO TELL YOU, THIS IS THE FIRST TIME I HAVE SAT IN FRONT OF THE OWNERSHIP, SEAN ELLIOTT OR R.C. BUFORD. I SAY GO, SPURS, GO, BUT I SAY NO TERM SHEET, NO. W THIS WOULD BE LIKE THE SPURS MANAGEMENT DRAFTING A PLAYER THAT THE LOS ANGELES LAKERS RECOMMEND, SIGHT UNSEEN.

WHAT WE ARE LOOKING FOR IS IMPARTIALITY. WHAT WE ARE LOOKING FOR IS OBJECTIV OBJECTIVITY. I SPEAK TO YOU AS AN ECONOMICS MAJOR. I STUDIED MICRO AND MACRO ECONOMICS, WROTE TERM PAPERS ON COPS, ON VIA, BACK IN THE 1970S, SO I UNDERSTAND HOW CITIES WORK.

THAT'S WHY I'M BACK HERE IN MY HOMETOWN. IN MY RETIREMENT FROM THE EPISCOPAL CHURCH, I DON'T GO TO SPURS GAMES VERY MUCH BECAUSE IT'S JUST EXPENSIVE.

MY GUESS IS THAT WHAT WE'RE LOOKING AT IS SOMETHING EVEN MORE EXPENSIVE FOR THE CITY.

I'VE SAID IT BEFORE. THE OWNERSHIP OF THE GOLDEN STATE WARRIORS AND THE OWNERSHIP OF THE LOS ANGELES LAKERS PAID FOR THEIR NEW ARENAS.

WHY CAN'T THAT HAPPEN HERE? [APPLAUSE] SO I COMMEND YOU, I COMMEND YOU TO BE IMPARTIAL. KNOW MISTAKES OTHER CITIES ARE IN THE MIDDLE OF, TAMPA WITH THEIR BASEBALL TEAM, KANSAS CITY WITH THEIR BASEBALL TEAM AND THEIR FOOTBALL TEAM, EVEN THOUGH THEY WON SUPER BOWLS, ARE THREATENING TO LEAVE AND HOLDING THE CITIES HOSTAGE. Y'ALL REPRESENT SAN ANTONIO. YOU LOOK LIKE SAN ANTONIO.

I HAVE SAID IT TO YOU. I HOPE YOU ACT ON BEHALF OF THE COMMON GOOD OF ALL OF SAN

[01:25:02]

>> MAYOR JONES: MR. ROOT, FOLLOWED BY MELISSA HUDSON. >> GOOD MORNING.

THANK YOU. THANK YOU ALL FOR BEING HERE. WHEN I HEAR $500 MILLION, I CAN'T HELP BUT TO THINK OF MY FRIENDS, TWO JOBS THEY WORK. ONE DOWNTOWN AND ONE ON THE SOUTH SIDE AND STILL, THE RENT GOES UP AND STILL SHE MUST CHOOSE CPS BILL OR THE GROCERIES. THE AC -- SHE TOLD ME I DON'T KNOW HOW MUCH LONGER I CAN COPY THIS UP. THAT, COUNCIL MEMBERS, IS SAN ANTONIO.

NOT CONCRETE, NOT CONTRACTS, NOT ANOTHER ARENA IN THE SKY. SAN ANTONIO'S PEOPLE.

THE WORKERS WHO SCRUB THE FLOORS, WHO TEACH THE CHILDREN, WHO CARRY THIS CITY ON THEIR BACKS AND TODAY, ARE SPEAKING. WE ARE SAYING LOUD AND CLEAR, SLOW DOWN. VOTE YES TO PAUSE. VOTE YES FOR A STUDY NOT TIED TO THE SPURS. VOTE YES FOR REAL TOWN HALLS, BECAUSE SAN ANTONIO IS NOT FOR SALE. SAN ANTONIO IS US AND WE WILL REMEMBER.

THANK YOU. [APPLAUSE] >> MAYOR JONES: IN THE INTEREST OF TIME, I WILL ASK THREE OR FOUR FOLKS TO LINE UP SO WE CAN MOVE A LITTLE BIT FASTER. MELISSA HUDSON, ACICELLA HE HERERA, THOMAS AGUILAR AND JEFF WEBSTER. IN THAT ORDER.

>> MAY I GIVE BRIEF INSTRUCTIONS FOR THE SPANISH SPEAKERS? THEM TO SPEAK IN SHORT PHRASES. AND PLEASE PAUSE BETWEEN PHRASES OR SENTENCES FOR INTERPRETATION. JUST LIKE WE ARE

DEMONSTRATING AT THE MOMENT. >> MAYOR JONES: MELISSA HUDSON.

MS. HERRERA, PLEASE. >>

PEOPLE DO NOT COME -- >> THEY COME FOR THE THE MEXICAN INFLUENCE, THE CULTURE, FOOD, COMMISSIONS.

>>

HERE. >>

BY ALL THE BUILDINGS. >> HAS ENCHANTMENT, IT HAS ITS DRESSES, THE MUSIC. THE DANCES.

>>

SPURS. >>

MAKE EVERYONE THAT WORKS IN WHATEVER I HAVE MENTIONED -- >>

>> TRANSLATOR: THEY PROMISE GOOD SALARIES. >>

>> TRANSLATOR: I'VE WORKED FOR MANY YEARS SERVING BANQUETS IN THE EAST SIDE

FOR 50 YEARS. >> ANOTHER GROUP OF EXCLUDED WORKERS, EXCLUDED FROM LABOR LAWS.

>> HOUR. I CANNOT RETIRE BECAUSE I WOULD STARVE.

>>

>>

[01:30:09]

HELP THE POOR, DO NOT GIVE MONEY TO THE RICH. >>

>> TRANSLATOR: THE WORKERS HAVE -- HAVE GREAT NEED. THERE'S A LOT OF POVERTY.

>>

COALITION. >>

MANY PEOPLE ARRIVING WITH SO MUCH NEED, SO MUCH POVERTY. >>

>> TRANSLATOR: AND THEN -- THE MOST EMBARRASSING THING IS THIS -- MUSEUM FOR AN ARENA. WHERE WE'RE GOING TO RESPECT HISTORY.

TO RESPECT CULTURE, WHERE IS THE CITY'S PRIDE? THANK YOU.

[APPLAUSE] >> MAYOR JONES: THOMAS AGUILAR FOLLOWED BY JEFF

WEBSTER, MARIA DELLA CRUZ. >> THANK YOU, MAYOR JONES. AND --

>> THANK YOU FOR ALLOWING ME TO SPEAK HERE. WELCOME TO ALL THE NEW MEMBERS, MAYOR JONES. I HAVE A FEW COMMENTS. I'LL TRY NOT TO REPLICATE, BUT I'LL START OUT BY SAYING I DO HAVE AN INDEPENDENT ECONOMIC ANALYSIS, A TERM SHEET HERE I WOULD LOVE TO SHARE WITH YOU ALL, BUT I'M GOING TO GIVE YOU SOME HIGHLIGHTS. IT'S NOT TOO HARD TO DO AN INDEPENDENT ECONOMIC ANALYSIS. IT'S REALLY ABSURD WE WON'T EVEN CONSIDER IT.

IN THE COMMUNITY THE CONVERSATIONS WE HAVE ARE LIKE WE ALL LOVE THE SPURS, BUT WHAT'S THE RUSH ANALYSIS, NOT COMMERCIALS, THEY ARE BASICALLY PR MATERIALS.

BUT IF THEY WEREN'T HIDING ANYTHING, WE WOULD BE DOING ONE.

THE STAKES ARE HIGH. WHEN YOU LOOK AT THE PROJECTED BUDGET SHORTFALL FOR THE CITY, AND THIS IS FOR ALL OF YOU OUR LEADERS, WHEN YOU LOOK AT THAT, PUT IT IN CONTEXT. IN ADDITION THE BUDGET CUTS COMING FROM THE BIG, BEAUTIFUL BILL, IT'S AN ECONOMIC CATASTROPHE ABOUT TO HAPPEN.

PERHAPS THIS IS WHY IT'S TRYING TO BE RUSHED THROUGH. JUST LIKE YOU ARE RUSHING THROUGH WHEN WE CREATED THE COVID VACCINE, WARP SPEED. IMAGINE IF WE DID THIS TO FUND THE EXISTING NEEDS. WHAT IF WE DID IT FOR OUR BUDGET SHORTFALLS.

THE FACT WE CAN'T AGREE TO HAVE AN INDEPENDENT ANALYSIS, THAT'S PROBLEMATIC AND THAT'S THE TALK OF THE TOWN, RIGHT? INSTEAD WE HAVE, LIKE, WE'RE CHEERLEADING FOR THE SPURS. WE ALL LOVE THE SPURS. YOU KNOW, THESE STUDIES ARE NOT REALLY STUDIES, THEY ARE COMMERCIALS. IMAGINE IF WE PUT ALL THAT ENERGY INTO LOOKING INTO ALL THE NEEDS, BUT WE CAN'T WHETHER WE SUPPORT AN ANALYSIS. THE PLAY BOOK IS OLD, TO BE QUITE HONEST.

[APPLAUSE] >> MAYOR JONES: JACK WEBSTER FOLLOWED BY MARIA

VICTORIA DELLA CRUZ. >> THANK YOU VERY MUCH, MAYOR.

I'D ALSO LIKE TO -- CAROLINA HAS OFFERED ME HER TWO MINUTES.

MY NAME IS JEFF WEBSTER, PRESIDENT AND CEO OF THE GREATER SAN ANTONIO CHAMBER OF COMMERCE. I'VE HAD THE OPPORTUNITY TO SIT IN THE VERY SEATS YOU SIT IN AND LOOK AT THESE KIND OF DECISIONS. I WAS IN THIS A LONG TIME AGO, THE ALAMO, THE NEW ARENA. THERE ARE THINGS THAT SEPARATE THOSE TWO PROJECTS FROM WHAT YOU ARE LOOKING AT TODAY.

YES, WE BUILT ARENAS, YES, WE BUILT A ALAMODOME, BUT WHAT FOLLOWED THOSE AT TIMES AND LESSONS WE'VE LEARNED FROM IS WE OFFERED PROMISES. WE PROMISE THIS WILL COME.

WE PROMISE THAT WILL COME. THE DIFFERENCE IS WHAT WE'RE SEEING TODAY, WHAT YOU SAW ON THOSE SLIDES PRESENTED BY THE CITY ON ITEM 5 TALKS ABOUT COMMITMENT.

MR. HOLT, I THANK YOU AND THE SPURS FOR OFFERING UP NOT ONLY THE 500 MILLION FOR THE ARENA, BUT THE ADDITIONAL MONEY TO INVEST. AND IT'S NOT A PROMISE, IT'S

[01:35:02]

IN THE CONSTRUCTION AND ENGINEERING WORLD, WE CALL THAT THE COST OF INDECISION.

THE COST OF INDECISION WILL DRIVE UP THE COSTS. THE COST OF INDECISION WILL MAKE PROJECTS GO AWAY. THE COST OF INDECISION WILL KILL ECONOMIC DEVELOPMENT.

THE EARLIER SLIDES TALKED ABOUT POVERTY. DO YOU KNOW WHAT CURES POVERTY? ECONOMIC DEVELOPMENT. JOBS.

OPPORTUNITY. NEW BUSINESSES. [APPLAUSE] I'VE TALKED ABOUT -- MAYOR, I'VE TALKED ABOUT BEFORE I'M A FIRM BELIEVER THIS WILL CREATE SEVERAL THOUSAND JOBS IN CONSTRUCTION, BUT THIS PROJECT IS JUST A PART OF WHAT RUNS FROM WHAT I KNOW WE'VE TALKED ABOUT ON THE WEST SIDE, THE ECONOMIC DEVELOPMENT WE'RE TRYING TO CREATE OVER THERE, FLOWING UPTOWN TO THE ALAMO WITH A THREE-QUARTERS OF A BILLION DOLLARS IS INVESTING IN SAN ANTONIO.

TO OUR RIVERWALK WHERE WE'RE SEEING BUSINESSES CLOSE. WE'VE GOT TO CREATE ECONOMIC DEVELOPMENT. AND TO HEMISFAIR PLAZA, WHICH IS AMAZING, TO THE NEW ARENA YOU WANT TO CURE PROFIT? HELP US CREATE ECONOMIC DEVELOPMENT.

THANK PEOPLE THAT WANT TO COME TO TOWN AND PUT $2 BILLION INTO THE COMMUNITY. WE BELIEVE IN WINNING. THE SPURS ARE THE WINNINGEST FRANCHISE AROUND. LET'S MOVE FORWARD. THERE'S PLENTY OF TRANSPARENCY AND CONVERSATION WE CONTINUE TO HAVE, BUT THANK YOU FOR THE OPPORTUNITY TO SPEAK TODAY. THIS IS ABOUT DEMOCRACY. LET'S VOTE.

THE VOTE WILL LAND ONE WAY OR ANOTHER, AND I COMMIT TO YOU, COUNCIL, WHICHEVER WAY THIS LANDS ON, WE'RE GOING TO RALLY BEHIND THAT DECISION.

MAYOR, IF IT SUPPORTS YOUR DECISION, WE'RE GOING TO BE THERE, THE OTHER WAY, WE'RE GOING TO BE THERE. IT'S TIME FOR UNITY AND UNIFICATION IN THIS COMMUNITY BUT NOT DIVISION. DIVISION NEEDS TO COME TO AN END.

THANK YOU, MAYOR, FOR YOUR TIME. APPRECIATE IT VERY MUCH.

[APPLAUSE] >> MAYOR JONES: MARIA VICTORIA DELLA CRUZ.

MA'AM, DO YOU HAVE A GROUP? DID THE OTHERS SIGN UP? >> MARIA VICTORIA IS GIVING

ME HER PLACE. >> MAYOR JONES: WHAT IS YOUR NAME?

>> LIZ DAVILLA. >> MAYOR JONES: ELIZABETH DAVILLA, NUMBER 55.

FOUR MINUTES, MA'AM. THANK YOU. >> GOOD MORNING, MADAM MAYOR AND CITY COUNCILMEMBERS. MY NAME IS LIZ DAVILLA AND I'M A LEADER WITH TEXAS ORGANIZING PROJECT. I WAS BORN AND RAISED IN THE WEST SIDE.

AND I KNOW MY SAN ANTONIO. MY MOTHER USED TO BRING MY SIBLINGS ALONG WITH MYSELF TO SHOP FOR SHOES AND CLOTHES. AS I GOT OLDER, WHEN I WENT TO HIGH SCHOOL AND FOX TECH, I ALSO WENT AND BOUGHT MY SENIOR PROM DRESS AND SHOES AND SO ON, SO I'VE SEEN SAN ANTONIO CHANGE. THOSE STORES, ALL THOSE STORES ARE GONE. MANY OTHER STORES HAVE COME AND GONE.

SO MY QUESTION IS, YOU WANT THREE EXPENSIVE STORES IN THIS PROJECT MARVEL.

HOW ARE THEY GOING TO SURVIVE WHEN -- THEY ARE GOING TO BE LOCATED WAY OUT IN DURANGO AND 37. OUT IN THE CORNER. HOW IS IT GOING TO MAKE MONEY? YOU KNOW, THEY ARE GOING TO BE AWAY FROM COMMERCE AND HOUSTON AND THE RIVER. THEY ARE GOING TO MAKE MONEY? AND ANOTHER THING, SAN ANTONIO HAS MORE THAN 60 BEAUTIFUL HOTELS AND YOU WANT ANOTHER HOTEL? AND FOR US TO PAY? NO HOMBRE.

AND LAST, THE LAST SPURS SOLD OUT WAS JANUARY 13, 2023.

AND YOU WANT ANOTHER DOME? FOR US TO PAY? COME ON.

[01:40:09]

YOU ARE NOT VOTED HERE TO BE A YES MAN. SO DO WHAT'S RIGHT AND LISTEN TO YOUR VOTERS. WE NEED GOOD-PAYING JOBS, NOT MINIMUM WAGE.

SO WHAT'S THE RUSH? [APPLAUSE] THANK YOU.

>> MAYOR JONES: JESSE [INAUDIBLE], LETICIA SANCHEZ, STANLEY VANN.

ACTUALLY I'M GOING TO ASK THE SPEAKERS TO LITERALLY LINE UP BEHIND THE OTHER

SPEAKERS SO WE CAN MOVE. THANK YOU. >> GOOD MORNING, MAYOR, COUNCIL. THANK YOU FOR HEARING US OUT TODAY.

THANK YOU, MR. HOLT, AND THE SPURS TEAM THAT ARE REALLY GIVING US A GIFT.

TODAY IS A DAY IN HISTORY. IT IS NOT THE SPURS VERSUS THE CITY, IT IS THE CITY PARTNERING WITH THE SPURS. ONCE AGAIN, IT IS NOT THE CITY VERSUS THE SPURS, IT IS THE CITY PARTNERING WITH THE SPURS. WHAT OTHER COMPANY IS GOING TO COME TO SAN ANTONIO AND LITERALLY HAND US BILLIONS IN ECONOMIC DEVELOPMENT? PLEASE LET ME KNOW WHO IT IS. THE SAN ANTONIO SPURS, THEY ARE OUR IDENTITY, OUR CULTURE, OUR COMMUNITY. THEY ARE OFFERING BILLIONS TO SAN ANTONIO'S EDUCATION, DEVELOPMENT AND GROWTH. NOW, I GUARANTEE YOU THAT MAJORITY OF OUR CITIZENS HERE TODAY DIDN'T GET A HOTEL TO BE HERE TODAY, DIDN'T RENT A CAR, SO THEY SHOULD NOT BE WORRIED ABOUT THE H.O.T. TAX, ABOUT THE MOTOR VEHICLE RENTALS BECAUSE THEY ARE CITIZENS OF SAN ANTONIO.

MIND YOU, THEY ARE PROVIDING OVER $2 BILLION IN INVESTMENT.

THIS IS NOT GOING TO BE A PART OF A -- THIS IS NON-BINDING AND WE NEED TO MOVE FORWARD WITH THIS. THIS IS NOT A CONTRACT. I CAN GUARANTEE YOU WE NEED TO START ACTING LIKE A WORLD CITY. WE NEED TO START PROVIDING FOR THAT AS WELL. FROM OUR NEIGHBORS ON THE EAST SIDE TO THE SOUTH SIDE AND EVERYWHERE IN BETWEEN, I'M CONFIDENT AS A COUNCIL THAT YOU ALL WILL SOLVE HOUSING CRISIS, YOU ALL WILL SOLVE FOOD INSECURITIES BECAUSE YOU GUYS ARE PASSIONATE ABOUT OUR CITY AS WE ARE AS WELL. WITH THIS STADIUM, IT IS GOING TO BE A STAPLE FOR EVERYONE WHO COMES THROUGH OUR NEW AIRPORTS, TERMINALS.

STOP HOLDING SAN ANTONIO HOSTAGE FROM OPPORTUNITY. HELP US MOVE FORWARD FOR OPPORTUNITIES TO COME. THANK YOU. [APPLAUSE]

>> MAYOR JONES: LETICIA SANCHEZ. >> GOOD MORNING.

MY NAME IS LETICIA SANCHEZ, SPEAKING ON BEHALF OF THE RESIDENTS WHO LIVE ON THE WEST SIDE BOUNDARIES. MANY OF THEM CANNOT BE HERE BECAUSE THEY HAVE TO GO TO WORK AND WHO HAVE CONSISTENTLY STATED AT OUR MEETINGS THEIR OBJECTIONS TO USING CITY RESOURCES TO SUBSIDIZE THE CONSTRUCTION OF A NEW ARENA.

WE CAN'T UNDERSTAND WHY CITY STAFF HAS SPENT SO MUCH TIME PLANNING FOR DEVELOPMENT IN OUR DOWNTOWN WHICH DOESN'T BENEFIT MOST OF US. WHILE THERE ARE SO MANY MORE SERIOUS ISSUES THAT NEED TO BE ADDRESSED. WHY DOES SAN ANTONIO CONTINUE TO MAKE THE SAME ECONOMIC MISTAKES OVER AND OVER AT THE EXPENSE OF THE RESIDENTS AND OUR CITY'S ECONOMIC WELL-BEING. [APPLAUSE] WE WILL SOON BE EXPERIENCING BUDGET CUTS AND THE LOSS OF CITY STAFF, YET YOU ARE RUSHING TO DEAL TO MAKE A DEAL WITH BILLIONAIRES WHO CAN CERTAINLY AFFORD TO PAY FOR THE ARENA. OUR PEOPLE HAVE BEEN STRUGGLING FOR YEARS AS RENTS AND PROPERTY APPRAISALS AND COST OF FOOD AND MEDICATIONS INCREASE, AND AT THE SAME TIME HELP CARE ASSISTANCE AND FOOD BENEFITS ARE BEING TAKEN KAYE. IN THE --. IN THE EYES OF OUR COMMUNITY THIS CITY CONTINUES TO PLAY BY THE GOOD OLD BOYS SYSTEM, WHERE THE PEOPLE WITH MONEY, DEVELOPERS AND BIG BUSINESS OWNERS TELL THE PEOPLE WITH POWER, CITY STAFF AND CERTAIN COUNCILMEMBERS WHAT THEY WANT, WHILE SO MANY RESIDENTS CONTINUE TO EARN LOW WAGES REQUIRING THEM TO WORK MORE THAN ONE JOB TO GET BY.

WE'VE CONSISTENTLY ASKED YOU TO RESEARCH SIMILAR PRONGS AND SUPPORT THE MAYOR'S

[01:45:07]

EYE TIME. >> MAYOR JONES: STANLEY VANN, ALLISON AND COPS

METRO. >> YES, GOOD MORNING. I AM A SENIOR CITIZEN, A TAXPAYER, AND A VOTER IN SAN ANTONIO. AND I'M ALSO A SAN ANTONIO SPURS FAN. THIS IS THE FIRST TIME THAT I'VE SET FOOT IN THIS CHAMBER, AND JUDGING BY THE ATTENDANCE HERE TODAY, I WOULD SAY THIS IS PROBABLY ATYPICAL. AS A SPURS FAN, I TRUST THAT THE SPURS WILL BE AN EXCELLENT PARTNER IN THE EXECUTION OF PROJECT MARVEL, I SUPPORT.

[APPLAUSE] BUT I ALSO WANT TO SAY THAT AS A TAXPAYER, I THINK THAT AN INDEPENDENT, COST-BENEFIT ANALYSIS SHOULD BE DONE. [APPLAUSE] AND I THINK THAT AS YOU, OUR CITY COUNCIL, ELECTED BY PEOPLE LIKE ME, YOU NEED TO STOP AND CONSIDER THE FACT THAT WE NEED TO VERIFY THE COST BENEFIT OF THIS PROJECT BECAUSE A LOT OF PEOPLE ARE GOING TO BE PAYING FOR THEM FOR YEARS TO COME.

I THINK WE SHOULD TRUST, BUT I THINK WE SHOULD ALSO VERIFY.

THANK YOU. [APPLAUSE] >> MAYOR, COUNCILMEMBERS, THANK YOU FOR THE OPPORTUNITY TO SPEAK TODAY. I'M ALI COSTOF IN HERE IN STRONG SUPPORT APPROVING THE TERM SHEET FOR PROJECT MARVEL AND THE SPURS ARENA.

FOR MANY LIKE SO MANY SAN ANTONIANS, THE SPURS ARE MORE THAN JUST A TEAM.

THEY REPRESENT FAMILY MEMORIES, COMMUNITY PRIDE AND THE VERY BEST OF OUR CITY'S VALUES. TEAM WORK, RESILIENCE AND EXCELLENCE.

THE SPURS HAVE GIVEN SUE MUCH TO SAN ANTONIO AND THIS PROJECT IS A THANKS TO BUILD ON THE LEGACY TOGETHER. WE OFTEN SAY EDUCATION IS THE BEST INVESTMENT WE CAN MAKE, NOT BECAUSE CLASSROOMS PAY DIVIDENDS THEMSELVES, BUT BECAUSE THEY OPEN DOORS TO OPPORTUNITY AND GROWTH. THIS ARENA IS THE SAME, AN INVESTMENT IN SAN ANTONIO'S FUTURE PROSPERITY. AND THE NUMBERS SHOW IT'S ALSO A GREAT DEAL FOR THE CITY. THE SPURS ARE COMMITTING OVER $2 BILLION TO THIS PROJECT, EVEN COVERING THE COST OF OVERRUNS. AND IMPORTANTLY, NO GENERAL FUNDS OR LOCAL TAX DOLLARS WILL BE SPENT ON THE ARENA. THIS IS A TRUE PUBLIC-PRIVATE PARTNERSHIP, ONE THAT DRIVES ECONOMIC GROWTH WITHOUT BURDENNENNING TAXPAYERS. RIGHT NOW CITIES LIKE NEW ORLEANS ARE WINNING MAJOR CONVENTIONS AND EVENTS THAT COULD AND SHOULD BE HERE. SAN ANTONIO IS EQUALLY UNIQUE, EQUALLY EASY TO REACH, AND ONE OF THE BEST HOST CITIES IN THE NATION.

SAN ANTONIO CAN COMPETE, BUT ONLY IF WE INVEST BOLDLY. THIS PROJECT WILL CREATE A VIBRANT DESTINATION DISTRICT THAT ENHANCES EVERYDAY LIFE FOR RESIDENTS, ATTRACT VISITORS AND FUELS LONG-TERM ECONOMIC ACTIVITY. WE MUST HAVE FACILITIES AND EXPERIENCES THAT MATCH OUR REPUTATION. SAN ANTONIO STANDS AT A CROSSROADS. I KNOWLEDGE YOU TO APPROVE THIS -- URGE YOU TO APPROVE THIS TERM INSTITUTE AND SEIZE THIS ONCE IN AN OPPORTUNITY.

LET'S INVEST IN THIS ARENA, IN OUR SPURS AND IN SAN ANTONIO'S FUTURE.

THANK YOU. [APPLAUSE] >> MAYOR JONES: JOE DEI CAN'T SAY. IS JOE DIAZ HERE? FATHER DRENNAN WITH COPS

METRO. >> THANK YOU, MAYOR. WE DO HAVE FOUR PEOPLE SIGNED UP TO SPEAK. MYSELF, FATHER DENNIS SCHAEFFER, LOOK PETE TAKE

[01:50:01]

>> MAYOR JONES: GO AHEAD, FATHER. >> MY NAME IS LUPITA VALDEZ.

I'M TIRED OF -- DOES NOT IMPACT THE GENERAL FUND OF THE CITY.

MONEY IS PUBLIC MONEY, TAX MONEY CAPTURED OFTEN FOR LUXURY DEVELOPMENT.

IT'S MONEY THAT COULD GO TO THE GENERAL FUND. I KNOW BECAUSE I LIVE IN THE TIRZ ON THE WEST SIDE, 78207, WHERE PEOPLE MAKE ONLY $19,000 A YEAR.

WE WANT MORE MONEY IN THE GENERAL FUND. DON'T TELL US THAT THIS ARENA WILL NOT IMPACT THE GENERAL FUND. IT WILL.

DON'T LET THE PROJECT [INAUDIBLE] CAN BE USED FOR ANYTHING BUT THE ARENA.

THE TAX CODE SAYS IT COULD BE USED FOR STREETS, SIDEWALKS, SUPPORTED INFRASTRUCTURE AROUND CURRENTLY EXISTING VENUES. IT CAN BE USED FOR WATER PROJECTS, CLEAN WATER FOR OUR COMMUNITIES. DON'T TELL US THE MONEY CANNOT BE USED FOR ANYTHING BUT THE ARENA. IT CAN BE USED FOR MUCH MORE. AS A CHURCH, WE BELIEVE THAT EVERY PERSON CREATED WITH GOD-GIVEN DIGNITY TO OUR PEOPLE TO SERVE TO SEE THEIR HOMES, THEIR TAX DOLLARS INVEST IN BETTER NEIGHBORHOODS, THEIR HOMES, THE SCHOOLS AND THE PEOPLE.

WE ARE NOT ASKING FOR LUXURIES. WE ARE ASKING FOR JUSTICE, EQUITY AND THE DIGNITY FOR OUR FAMILY TO SERVE. [APPLAUSE]

>> GOOD MORNING. GOOD MORNING. MY NAME IS REVEREND DR. RICKY GEORGETOWN AND I'M THE NEW PASTOR AT ST. PAUL METHODIST CHURCH, THE OLDEST BLACK CHURCH IN SAN ANTONIO. I'M NEW TO SAN ANTONIO AND I JUST GOT HERE LESS THAN TWO MONTHS AGO IN THE MIDDLE OF ALL THIS, BUT I'M CERTAINLY NOT NEW FOR FIGHTING FOR OPPRESSED, MANUALIZED AND VULNERABLE COMMUNITIES. MY CHURCH AND THE NEIGHBORHOOD AROUND IT IS LIVING UNDER THE SHADOW OF TWO ARENAS THAT PROMISE TO REVITALIZE THE COMMUNITY. AND I TELL YOU, I DON'T SEE REVITALIZATION WHERE THE CHURCH IS. ALL I SEE IS GENTRIFICATION. MY CONGREGATION TRAVELS FROM ALL OVER BEXAR COUNTY. NOW I AM A NEWCOMER HERE, BUT I'M LITERALLY SHOCKED AT HOW THIS PROCESS HAS TRANSPIRED. AND THE QUESTION I HAVE IS HOW MANY PUBLIC MEETINGS HAVE EACH OF YOU HAD WITH YOUR PEOPLE TO DIGEST THIS TERM SHEET? IS THIS REALLY HOW SAN ANTONIO DOES POLITICS? IN THE DARK? IN THE BACK ROOM? RUSHING VOTES TO PUSH A DEAL THROUGH? FRIENDS, PLEASE HEAR ME. I THINK ALL OF US ARE CALLED TO RESIST EVIL, INJUSTICE AND OPPRESSION IN ANY FORM IT MAY PRESENT ITSELF.

[APPLAUSE] >> FATHER JIMMY DRENNAN AND WITH COPS METRO.

I WANT TO LIFT UP THE JUDEO CHRISTIAN UNDERSTANDING OF JEREMIAH 29 WHICH REMINDS US THAT A CITY IS BUILT UP NOT IN ITS BUILDINGS BUT IN ITS PEOPLE.

AND WE HAVE AS AN ORGANIZATION CONTINUED TO WORK WITH THE CITY COUNCIL AND THE CITY TO LIFT UP EACH AND EVERY WORKING-CLASS FAMILY AND EACH AND EVERY PERSON IN OUR CITY. WE BELIEVE THAT ECONOMIC DEVELOPMENT BEGINS AND ENDS WITH OUR PEOPLE. COPS METRO ALLIANCE IN ITS HAVE I ORIGIN CAME UP AGAINST SOME OF THE MOST UNCONSCIONABLE ACTIONS BY CITY COUNCIL AND CITY LEADERSHIP, DENYING REPRESENTATION OF OUR PEOPLE ON THE CITY COUNCIL.

AND COMPLETELY-MITTING OUR COMMUNITIES FROM ACCESS TO SERVICES THAT WOULD BETTER OUR COMMUNITIES. BORN FROM THAT, COPS METRO HAS LED THE CITY OF SAN ANTONIO AS THE CONSCIENCE OF OUR CITY TO MAKE SURE THAT WE NO LONGER DO THE UNCONSCIONABLE, BUT WE CONTINUE TO STRIFE FORWARD. WE ARE AN ORGANIZATION THAT

[01:55:05]

WHAT THE MAYOR IS RECOMMENDING IS NOT STOPPING ANYTHING FROM HAPPENING.

IT IS INSTEAD SAYING YES TO TRANSPARENCY, YES TO AN INDEPENDENT ECONOMIC ANALYSIS THAT WILL KEEP OUR PEOPLE IN THE KNOW, THAT WILL EDUCATE AND THAT ALLOW OUR PEOPLE TO ENGAGE IN MEANINGFUL DIALOGUE WITH YOU OUR LEADERS.

WE WANT TO BE ABLE TO TALK TO YOU, AND WE WANT TO KNOW THAT YOU REPRESENT THE CITIZENS OF SAN ANTONIO. OUR NEEDS, OUR HOPES, OUR ASPIRATIONS, OUR WANTS, AND THAT YOU WILL BRING BACK TO THIS CHAMBER. THANK YOU VERY MUCH.

[APPLAUSE] >> MAYOR JONES: BRET FINLEY, STEPHANIE REYES,

DERRICK FOX AND ADAM EISENHOWER. >> GOOD MORNING, MAYOR AND MEMBERS OF CITY COUNCIL. BRET FINLEY, PRESIDENT AND CEO OF THE CHAMBER.

WE'RE HERE IN SPEAK IN FULL SUPPORT. OUR ORGANIZATION IS COMPRISED OF HUNDREDS OF BUSINESSES ACROSS SAN ANTONIO, AND WITHIN THOSE OUR TENS OF THOUSANDS OF EMPLOYEES. OUR BOARD HAS HAD TEN LONG MONTHS TO LOOK AT THIS. WHERE IS THE MONEY COMING FROM YOU HOW IS IT GOING TO BE FUNDED, WHAT'S THE TIME LINE. AT EVERY BENCHMARK ALONG THE WAY THEY HAVE MET OUR -- AND THIS TERM SHEET HAS MET EVERY ONE OF KNOWS TO THE INFINITE DEGREE. THIS IS NOT ROCKET SCIENCE. YOU ARE NOT HAVING TO TAKE A LEAP OF FAITH. YOU HAVE THE INFORMATION IN FRONT OF YOU TO MAKE A SMART, STRATEGIC DECISION THAT'S IN THE BEST INTEREST OF THE CITY OF SAN ANTONIO AND TAXPAYERS FOR THE NEXT AT LEAST 30 YEARS. THIS IS BEYOND THE GAME OF BASKETBALL. THIS TERM SHEET, IT MEANS A GREAT DEAL TO OUR COMMUNITY.

IT PROTECTS THE TAXPAYERS, $2 BILLION OF PRIVATE INVESTMENT, IT'S UNHEARD OF ACROSS THE NBA LANDSCAPE. $75 MILLION IN TERMS OF COMMUNITY BENEFITS.

LET'S PUT THIS IN SIMPLE TERMS WITH YOUR ARCH RIVAL, THE OKLAHOMA CITY THUNDER.

THEY JUST APPROVED A 95% PUBLICLY FUNDED AGREEMENT. I THINK I WOULD TAKE THIS ONE IN FRONT OF YOU TODAY. IT'S MORE THAN NUMBERS ON A TERM SHEET.

THIS IS ABOUT THE CITY OF SAN ANTONIO'S IDENTITY. THE SAME CHARACTERISTICS THE SAN ANTONIO SPURS HAVE HAD OVER THE LAST 50 YEARS, THEY ARE INTERWOVEN IN OUR CITY'S DNA. THEY WILL KICK YOU'VE ASS ON THE COURT BUT SAY NOTHING OFF THE COURT. WE CANNOT AFFORD TO MISS OUR MOMENT TODAY.

RUNNING THAT RISK, WE MAY LOSE THAT INEVITABLY FOREVER.

PLEASE, TO USE A BASKETBALL TERM, WE HAVE TO SHOOT OUR SHOT AND YOU GOT TO SHOOT TO SCORE, FOLKS. AND SAN ANTONIO STANDS TO SCORE BIG OVER THE NEXT 30 YEARS AND BEYOND. PLEASE MOVE THIS TODAY AND LET THE VOTERS DECIDE ON NOVEMBER 4TH. THANK YOU SO MUCH. [APPLAUSE]

>> MAYOR JONES: STEPHANIE REYES, JENNY KARNES. >> GOOD MORNING, STEPHANIE REYES. YOU HEARD QUITE A BIT ABOUT THE LONG-TERM ECONOMIC BENEFITS OF THIS PROJECT, SO I WANT TO TALK ABOUT THE IMMEDIATE LOCAL IMPACT.

BY THAT I MEAN THE THOUSANDS OF JOBS THAT ARE GOING TO GO --E CREATED LOCALLY IN SAN ANTONIO JUST TO MAKE A PROJECT LIKE THIS COME TO LIFE.

[APPLAUSE] A PROJECT OF THIS SCALE INVOLVES ALL CORNERS OF OUR INDUSTRY, ARCHITECTS, BUILDERS, TRADES, SUPPLIERS, DEVELOPERS, ALL OF THOSE ARE WELL-PAYING JOBS THAT HELP SAN ANTONIANS SUPPORT THEIR FAMILIES AND SUPPORT THE BUSINESSES IN OUR COMMUNITY. AND BUT TIMING MATTERS. ANY DELAY WILL ONLY INCREASE THE COST OF CONSTRUCTION AND

[02:00:04]

I ALSO WANT TO LET YOU GUYS KNOW, IF YOU PASS THIS TERM SHEET, IT WILL GIVE THE VOTERS THE INFORMATION THEY NEED WHEN THEY HIT THE POLLS IN NOVEMBER AND THEY CAN MAKE AN INFORMED DECISION. AND WHILE IT HAS NOT BEEN SET OUTRIGHT, THE REALITY IS IF WE DO NOT MOVE FORWARD, WE ARE AT RISK OF LOSING THE SPURS.

THERE ARE OTHER COMMUNITIES READY TO ROLL THE RED CARPET OUT FOR THEM.

WE BELIEVE THIS IS A FAIR DEAL AND THAT THERE IS ENOUGH INFORMATION TO MOVE FORWARD, AND WE URGE YOU TO PASS THE TERM SHEET TODAY. THANK YOU VERY MUCH.

[APPLAUSE] >> MAYOR JONES: JENNY KARNES.

>> GOOD MORNING. LOOKS LIKE MY SHOT CLOCK HAS STARTED.

THANKS TO BRET FOR THAT GREAT SPORTS LINGO HE USED. MAYOR JONES, MEMBERS OF CITY COUNCIL, CITY LEADERSHIP, THANK YOU FOR HAVING ME BACK TODAY.

I'M JENNY KARNES PRESIDENT AND CEO OF SAN ANTONIO SPORTS WHOSE MISSION IS TO TRANSFORM THIS COMMUNITY THROUGH THE POWER OF SPORT WITH A VISION OF HEALTHY KIDS AND FAMILIES, PLACES TO PLAY AND EVENTS THAT IMPACT. AND I STAND HERE PROUDLY WITH MY COLLEAGUES, MEMBERS OF OUR BOARD OF DIRECTORS IN SUPPORT OF AGENDA ITEM NUMBER 5, BUT TO REITERATE HOW STRONGLY WE SUPPORT THE ENTIRE SAN ANTONIO SPORTS AND ENTERTAINMENT DISTRICT. I APPRECIATE THE THOROUGHNESS SOUGHT BY MAYOR JONES AROUND THIS MAJOR DECISION FOR THE FUTURE OF OUR CITY AND THE MONTHS IF NOT YEARS OF PLANNING AND PREPARATION THAT HAVE GONE INTO THIS POINT WITH THE NEW ARENA AS THE FIRST STEP FORWARD TOWARD THE OVERALL PROJECT MARVEL PLAN.

SO WHY TODAY AND WHY IS THIS THE BIG QUESTION? I TRULY BELIEVE A DELAY IN THIS PROCESS AND PROGRESS NOT ONLY-UP DIESES OUR RELATIONSHIP WITH THE SPURS BUT WILL DELAY THE MOMENTUM WITH YOUR CITY HAS NOW. I WILL NEVER FORGET EXPLAINING TO MY DAUGHTERS WHY THEY LEFT FOR LAS VEGAS, BUT CAN YOU IMAGINE HOW WE WOULD ALL FEEL IF OUR SPURS AFTER OVER 50 YEARS LEFT THE CITY THAT WE LOVE.

WE NEED TO CONTINUE TO PUSH FORWARD WITH GROWTH AND GOVERNMENT AROUND THE TRANSFORMATIONAL POWER OF SPURS SO MANY OTHER THINGS FOR OUR COMMUNITY.

AS YOU HEARD MANY OTHERS SAY, THE COST OF INDECISION WILL ONLY COST OUR CITY MORE AND PUT US FURTHER BEHIND OUR COMPETITION NOT ONLY IN THE STATE OF TEXAS BUT ACROSS THE COUNTRY. WE NEED TO COME TOGETHER AS ONE TEAM COMMUNITY TO MOVE THIS FORWARD AND TO ENSURE THAT THE SPORTS AND ENTERTAINMENT DISTRICT AND THE SPURS STAY. I WOULD LIKE TO THANK YOU FOR BEING HERE AND INVESTING

YOUR TIME AND PASSION. THANK YOU. >> MAYOR JONES: DERRICK

FOX. >> MAYOR JONES AND COUNCILMEMBERS, THANK YOU FOR THE OPPORTUNITY TO SPEAK TODAY. I'M DERRICK FOX AND I HAVE SERVED AS PRESIDENT AND CEO OF THE VALERO ALAMO BOWL. IN THAT ROLE I HAVE THE PLEASURE OF SERVING AS AN AMBASSADOR FOR SAN ANTONIO AND CAN TELL YOU FIRSTHAND GREAT CITIES HAVE GREAT DOWNTOWNS. THE PROPOSED SPORTS AND ENTERTAINMENT DISTRICT ANCHORED BY A NEW SPURS REASON, RENOVATED ALAMODOME AND EXPANDED CONVENTION CENTER WILL ENERGIZE OUR DOWNTOWN AND MAKE SAN ANTONIO MORE STRONGER ON A NATIONAL LANDSCAPE. WHEN I TALK TO LEADERS ACROSS THE COUNTRY, THEY ARE ENVIOUS OF WHAT SAN ANTONIO HAS TO OFFER AND RECOGNIZE HOW MUCH BETTER POSITION WE'LL BE WITH THESE ADDITIONAL ASSETS.

IF DISTRICT IF DONE PROPERLY WILL HELP ATTRACT MARQUEE EVENTS LIKE THE FINAL FOUR, COLLEGE FOOTBALL PLAYOFF, NBA ALL STAR WEEKEND, WHILE ENSURING SAN ANTONIO REMAINS A DESTINATION FOR BUSINESS, TALENT AND TOURISM. WE NOW HAVE THREE KEY STAKEHOLDERS, THE SPURS, THE CITY, AND THE COUNTY ALIGNED IN A NON-BINDING TERM SHEET.

THAT EYE LINEMENT IS RARE AND THE SPURS COMMITMENT MAKES IT ONE OF THE STRONGEST REGIONAL PROPOSALS IN THE NATION. THIS IS A TRANSFORMATIONAL OPPORTUNITY. I URGE YOU TO VOTE FOR RESOLUTION TO MAKE THIS THE FIRST STEP FOR THE VIBRANT DOWNTOWN SAN ANTONIO DESERVES.

THANK YOU. [APPLAUSE] >> MAYOR JONES: ADAM

[02:05:03]

EISENHOWER. >> GOOD MORNING. MY SON TURNS 17 THIS NOVEMBER. SOON HE WILL LIKELY LEAVE SAN ANTONIO TO ATTEND A UNIVERSITY AND PURSUE A DEGREE. ONE OF THE MANY QUESTIONS I'VE HAD ON MY MIND OVER THE PAST NEARLY 17 YEARS IS WILL SAN ANTONIO BE A PLACE HE CAN CALL HOME AGAIN. NOT JUST A PLACE HE CAN LIVE, BUT WHERE HE CAN THRIVE, WHERE THERE ARE ABUNDANT OPPORTUNITIES TORE HIM AND HIS GENERATION.

WILL WE SAY VIBRANT, BE COMPETITIVE WITH THE CITIES OF TEXAS, OUR NATION AND GLOBE? QUESTIONS THAT EXTEND WELL BEYOND MY SON.

THEY EXTEND TO EVERY CHILD LIVING HERE TODAY ABOUT THEIR FUTURE.

TO ME THIS ISN'T ABOUT AN ARENA OR A DISTRICT BUT ABOUT OUR CITY.

IT IS A COMMITMENT TO ECONOMIC GROWTH FOR OUR CITY.

SURE, THIS MEANS MORE CONVENTIONS, IT MEANS MORE CONCERTS AND HOPEFULLY NATIONAL ATTENTION. THERE'S A REVENUE ASPECT TO THIS, BUT THE REAL RETURN GOES FAR DEEPER. IT IS -- I'M SORRY. IT GOES FAR DEEPER.

IT'S THE COMPANY THAT MOVES HERE BECAUSE SOMEBODY VISITED.

IT'S THE SMALL BUSINESS START BECAUSE WE ARE THRIVING.

IT IS THE COLLEGE GRADUATES AND OUR YOUNG KIDS RETURNING BACK TO SAN ANTONIO BECAUSE IT IS VIBRANT, BECAUSE THEY HAVE OPPORTUNITY. COMPARED TO GOING SOMEWHERE ELSE. I'VE GOT 30 SECONDS, I'LL BE QUICK, BUT I'LL GIVE YOU A STORY. MY WIFE CAME HERE FOR AN INTERVIEW ABOUT 23 YEARS AGO. SHE WAS SURPRISED TO LEARN THAT THE ALAMO IS HERE.

NO ONE HAD TO TELL HER WHERE THE SPURS WERE FROM. IN A SENSE, THEY ARE OUR MOORED MODERNIZATION WERE DAY ALAMO AND REMEMBERED AROUND THE WORLD.

IRRELEVANT ENCOURAGE THE CITY COUNCIL TO MOVE FORWARD AND AUTHORIZE OUR CITY MANAGER TO APPROVE THIS TERM SHEET OR ENTER INTO THIS TERM SHEET.

THANK YOU. [APPLAUSE] >> MAYOR JONES: SANDRA

MARTINEZ. >> HI, MAYOR. TODAY MARTINEZ AND MATTHEW,

WE ARE GRANTING OUR TIME TO -- >> I'M ALSO ON THE LIST.

AND I DO NEED THIS PUT ON THE SCREEN, PLEASE. HOW MANY MINUTES DO I HAVE,

MAYOR? >> MAYOR JONES: YOU HAVE SIX.

>> OKAY, THANK YOU. HI. SO I AM HERE TO SUPPORT THE MAYOR'S REQUEST FOR ITEM NUMBER 4. I HAVE MADE THIS KNOWN TO MY CITY COUNCIL REPRESENTATIVE IN D7, REPRESENTATIVE GAVITO.

I HAVE EMAILED MY CONCERNS AND TOLD HER I DO NOT AGREE WITH HER SUPPORT FOR PUSHING THIS ITEM, THIS SPURS ARENA HERE TODAY. I EMAILED HER A REQUEST TO MEET IN PERSON WITH SEVERAL PEOPLE THAT WANTED TO MEET. I SENT THAT ON AUGUST 11TH I CALLED, I EMAILED AFTER THAT AND FINALLY I HAVE A MEETING ON AUGUST -- WE HAVE A MEETING ON AUGUST 25TH, 14 DAYS LATER. I SUPPORT YOUR ASK THAT THESE COUNCILMEMBERS MEET WITH THEIR CONSTITUENTS BECAUSE I DON'T KNOW WHO SHE IS REPRESENTING IF SHE DOESN'T WANT TO HEAR FROM US.

I HAVE BROUGHT YOU A NEWSPAPER PICTURE OF -- OF THE WOODS ARENA.

THIS IS A PART I DON'T UNDERSTAND. WHY ARE THE SPURS APPROVING THIS PART OF THE PLAN? IT JUST DOESN'T MAKE ANY SENSE TO ME.

BUT THIS IS FROM 2013. ON 11-12-13, THE KWEX CHANNEL 41 BUILDING FELL.

THAT WAS AT THE CORNER OF MARKET AND ST. MARY'S. WE ASKED FOR ITS PRESERVATION. AND TO KNOW AVAIL. -- NO AVAIL.

NONE OF THE ENTITIES WERE ABLE TO HELP US. THE CONSERVATION SOCIETY, THE CITY OF SAN ANTONIO OFFICE OF HISTORIC PRESERVATION.

NOW I SEE THAT YOU DO WANT TO KEEP THIS. BUT I WANT TO ALERT YOU, YOU KNOW, WE'VE BEEN TALKING A LOT ABOUT ECONOMICS, BUT I'M TALKING ABOUT HISTORIC PRESERVATION BECAUSE I WAS PART OF THAT GROUP THAT TRIED TO SAVE THAT KWX CHANNEL 41 BUILDING. WE WERE TOLD IT DIDN'T MATTER, IT WASN'T IMPORTANT.

[02:10:05]

BUT IT FELL, AND I DON'T WANT THAT TO HAPPEN AGAIN AT HEMISFAIR.

I'M NOT TALKING ABOUT THE WOODS BUILDING. I'M TALKING ABOUT PLAZA MEXICO UNA SAN ANTONIO AND THE MEXICAN CULTURAL INSTITUTE OF SAN ANTONIO.

THOSE ARE THREE PROPERTIES THAT THE CITY OF SAN ANTONIO OWNS AND HAS HOUSED THOSE ENTITIES FOR YEARS. THOSE THREE PLACES HAVE BEEN IN CONTINUOUS USE.

AND WHAT I SEE BY THIS SPORTS AND ENTERTAINMENT DISTRICT PLAN IS IT'S GOING TO BE LEVELED BECAUSE ALL YOU WANT TO DO IS BUILD. THAT IS THE ECONOMY THAT WE HAVE HERE IN SAN ANTONIO. WE HAVE A DEVELOPMENT ECONOMY AND NOTHING ELSE MATTERS. I BROUGHT COPIES, 13 COPIES, COST ME $3.50 OUT OF MY MONEY TO GET YOU ALL COPIES OF A LETTER THAT I'M GOING TO BEGIN DISTRIBUTING ASKING --T VOTE TO HAPPEN TODAY, BUT MY MOM, MY MOM, WHO IS 91, KEPT READING THE NEWS ALL HER LIFE. SHE PASSED, BUT SHE SAVED -- EVERY TIME THERE WAS AN ARTICLE THAT CAME OUT THAT SHE KNEW I WAS WORKING ON, SHE WOULD SAVE THOSE ARTICLES. SO THAT'S AN ARTICLE MY MOM SAVED.

SOMETIMES SHE WOULD WRITE "LETICIA" ON IT SO I COULD HAVE IT.

BUT THAT'S AN ARTICLE SHE SAVED FOR ME AND THOSE ARTICLES CAME OUT ONE AFTER ANOTHER WHEN KWEX FELL. THEY WERE TALKING ABOUT THE LACK OF PRESERVATION.

AND WE'RE NOT TALKING ABOUT ANY OF THOSE THINGS BECAUSE WE'RE TRYING TO PUSH THIS THROUGH NOW. MY MOM USED TO CALL PEOPLE LIKE THAT EAGER BEAVERS.

SO FOR YOU EAGER BEAVERS THAT NEED TO VOTE TODAY AND GET THIS DONE, PLEASE REVIEW THIS LETTER AND KNOW THAT IF YOU DECIDE TO TOUCH THESE BUILDINGS IN ANY KIND OF WAY, YOU WILL GO AHEAD AND BE -- BE KNOWN AS THE COUNCIL WHO DESTROYED THE LAST PIECE OF MEXICAN AMERICAN CULTURE IN THE DOWNTOWN AREA OF SAN ANTONIO. SO THAT'S WHAT I CAME FOR TODAY TO TELL YOU THAT AND TO TELL YOU THAT YOU REALLY NEED TO LOOK AT ALL ASPECTS OF THIS PROJECT, AND YOU NEED TO LISTEN TO YOUR CONSTITUENTS. WE HAVE THAT MEETING ON THE 25TH. I DON'T KNOW WHAT GOOD IT'S GOING TO DO BECAUSE WE'RE TRYING TO VOTE FOR IT, THOSE EAGER BEAVERS ARE TRYING TO VOTE FOR IT TODAY.

SO, YOU KNOW, WHEN WE SAY NO PROJECT MARVEL, NO PROJECT MARVEL UNDER THESE CONDITIONS THAT YOU'VE SET UP. THIS LACK OF TRANSPARENCY, THIS LACK OF FEEDBACK FROM YOUR CONSTITUENTS, THIS DECISION TO PUSH THROUGH RIGHT NOW, THAT'S WHAT WE'RE SAYING NO TO. [APPLAUSE] THANK YOU, COUNCIL, AND I'VE GOT TO SAY THANK YOU MAYOR. IN ALL THE TIME I'VE BEEN DOING THIS WORK, I'VE NEVER HAD A MAYOR WHO STOOD UP FOR US.

THANKS YOU. [APPLAUSE] >> MAYOR JONES: JASMINE

HERRERA. >> HELLO. I'M GOING TO GIVE

[INAUDIBLE] MY TIME. >> MAYOR JONES: NUMBER 29. >> SHOULD I SPEAK NOW OR

WAIT? >> MAYOR JONES: GO AHEAD. FOUR MINUTES.

THANK YOU. >> GOOD MORNING. I'M HERE TODAY TO SUPPORT OUR MAYOR'S CALL TO PAUSE FURTHER NEGOTIATIONS FOR PROJECT MARVEL.

THANK YOU, MAYOR, FOR ACKNOWLEDGING THE FEDERAL CUTS THAT FOR THOSE OF US WHO WORK IN INNERCITY AND HISTORICRY RED-LINED AND RACIAL COMMUNITIES WE ARE ALREADY WITNESSING. IN FACT, I'LL REMIND THE COUNCIL AS SOON AS DONALD TRUMP TOOK OFFICE, THE CITY BEGAN TO SUFFER SUBSTANTIAL LOSS OF PUBLIC EMPLOYEES.

THIS ACTION CAUSED SUCH CONCERN THAT OUR VERY OWN MAYOR AT THE TIME ISSUED A MEMO ON MARCH 6TH STATING, AND I QUOTE, WHAT WE KNOW WHAT NON-MILITARY FEDERAL EMPLOYEES COMPRISE A CONSIDERABLE PORTION OF OUR LOCAL WORKFORCE, AN EVEN GREATER PORTION OF OUR REGION'S COMMUNITY IS BEING IMPACTED BY THE DOWNSTREAM DISRUPTION OF CRITICAL SERVICES AND FUNDING. THIS WAS A CALL TO CITY

[02:15:01]

HAS THERE BEEN A SUBSTANTIAL EFFORT TO REPLACE THE LOSS OF JOBS THAT OUR CITY HAS EXPERIENCED SINCE THESE LAYOFFS EN MASSE HAVE START TO TAKE PLACE.

THE LAST TIME WE HEARD EMPLOYEES SPEAK SO ELOQUENTLY IN SUPPORT OF THIS DISTRICT, I'VE MET EMPLOYEES IN THE PAST CAMPAIGNING OF UNPAID OVERTIME AND LACK OF WORKER PROTECTIONS FOR THE ARDUOUS WORK THAT THEY PERFORM.

WHAT WILL THE ACCOUNTABILITY MECHANISMS FOR WORKER PROTECTIONS AND LIVABLE WAGE GUARANTEES BE FOR EXISTING AND FUTURE WORK FORCES? AS A YOUNG WORKING CLASS STUDENT, I REMEMBER BEING HIRED BY A TEMPORARY AGENCY THAT STILL EXISTS TODAY THAT DEPLOYED US TO WORK AT THE HENRY B GONZALEZ CENTER, THE MARRIOTT AND INCLUDING THE AT&T CENTER AND IT WAS ONLY 7.25 THAT I EARNED, BUT IT WAS THE LONG SHIFTS.

I THINK BACK WHY I WAS NEVER HIRED DIRECTLY BY THE COMPANIES AND IT WAS ONLY AFTER BEING DENIED A JOB IN THE DOWNTOWN AREA THAT I SOUGHT THESE TEMP AGENCIES WHICH HIRED ME ON THE SPOT. THERE CONTINUES TO BE WORKPLACE AND HIRING BIAS IN OUR LOCAL HELP TELL HOTEL AND SERVICE INDUSTRIES TO MEET THE GROWING DEMAND OF TOURISM. THOSE JOBS ARE NOT THE JOBS THAT WILL LIFT OUR FAMILIES OUT OF POVERTY. PLEASE VOTE NO TO THIS TERM SHEET.

AND THANK YOU, MAYOR, FOR ALL THAT YOU ARE DOING FOR US.

[APPLAUSE] >> MAYOR JONES: KAYLA MIRANDA.

>> HELLO. MY NAME IS KAYLA MIRANDA, I'M A HOUSING JUSTICE ORGANIZER ON THE WEST SIDE OF SAN ANTONIO. FIRST THING I WANT TO SAY IS I DON'T NEED THIS SPORTS ENTERTAINMENT DISTRICT TO BE PROUD OF MY CITY AND MY DOWNTOWN. ALL I HAVE TO DO IS DRIVE ACROSS THE GUADALUPE BRIDGE.

THE HISTORIC WEST SIDE, OUR BEAUTIFUL COMMUNITY AND OUR BEAUTIFUL CULTURE.

EVERYBODY THAT I KNOW THAT VISITS SAN ANTONIO AS A TOURIST LOVES SAN ANTONIO BECAUSE WE DON'T HAVE ALL THE SKYSCRAPERS DOWNTOWN AND WE HAVE PRESERVED OUR CULTURE AND OUR HISTORY. WE DON'T NEED A STADIUM FOR THAT.

WHILE I DO LOVE THE SPURS, THEY CAN PURCHASE THEIR OWN STADIUM.

ALSO ON THE SHEETS I SAW, I HAD A PROBLEM WITH THE LIVABLE WAGE FOR FULL-TIME EMPLOYEES. WE ALL KNOW THAT ARENA WORKERS THE MAJORITY, ARE NOT FULL-TIME EMPLOYEES. WHERE IS THE GUARANTEE FOR THEM? THE MAJORITY OF THOSE SHORT-TERM JOBS ARE HIRED BY TEMP AGENCIES THAT PAY 8 TO $12 AN HOUR. RIGHT NOW A LIVABLE WAGE IS $25, BUT OUR FEDERAL MINIMUM WAGE IS 7.25. I FIND IT DISGUSTING PEOPLE BELIEVE BY GIVING MONEY TO THE RICH THAT THE POOR WILL BE BROUGHT UP WITH THEM INSTEAD OF GIVING US LIVABLE WAGES, GOOD HEALTH CARE, GOOD PUBLIC SCHOOL SYSTEM. STOP DEFUNDING THE THINGS WE NEED AND WE WON'T HAVE A PROBLEM EARNING OUR OWN INCOMES.

I DO SUPPORT ITEM 4. I DO NOT SUPPORT ITEM 5. THANK YOU.

[APPLAUSE] >> MAYOR JONES: NADIA MIRANDA COALGROVE.

>> NADIA WAS GOING TO GIVE TIME TO ME AND THERE'S A GENTLEMAN ON THE LIST.

HE JUST HAD A HEALTH ISSUE SO HE HAD TO GO GET WATER AND AIR.

>> MAYOR JONES: THEN ELAINA IS NUMBER -- 82. >> THANK YOU.

>> MAYOR JONES: FOUR MINUTES. THANK YOU.

>> THANK YOU. GOOD MORNING, MAYOR, COUNCIL AND THE CITY MANAGER.

WHILE THERE ARE MANY POWER DYNAMICS HAPPENING RIGHT NOW.

[02:20:02]

YOU WILL ALWAYS REMEMBER YOUR CAMPAIGNS, THE TIME AND YOUR PERSONAL ENERGY THAT YOU PUT IN TO PERSUADE YOUR VOTERS THAT YOU WERE THE BEST CANDIDATE.

YOU DID WEBSITES, DOOR HANGERS, CANNED FORUMS, YOU BLOCK WALKED.

LET ME FAST FORWARD TO TODAY. FOR THOSE OF YOU READY TO VOTE ON THIS TERM SHEET, I ASK, FIRST, THE 29-PAGE ECONOMIC ANALYSIS, DID YOU POST THAT TO YOUR CONSTITUENTS? IT'S ON THE WEBSITE.

THAT'S HOW I FOUND IT. ONLY 29 PAGES. AND I WENT LOOKING AT IT.

AND MY YELLOW PEN WAS GOING LIKE CRAZY. IT'S LIKE THERE'S SO MANY QUESTIONS, AND I COULDN'T, STUNNED STILL, THAT THERE WAS NOT AN INDEPENDENT ANALYSIS. IT DIDN'T EVEN GO OUT TO BID.

THE JUNE 7TH -- YOUR JUNE 7TH B SESSION THAT YOU PUT OUT TO YOUR CONSTITUENTS, IT'S ON THE WEBSITE, AND I FOUND THAT AN INTERESTING DOCUMENT.

THERE HAS NEVER BEEN ANYTHING I'VE READ OR HEARD ABOUT THE CONSTRUCTION TIME LINE FOR THIS WHOLE PROJECT. PAGE 13 OF THE B SESSION SAYS IT WILL BE BETWEEN ONE TO 16 YEARS TO COMPLETE THE WHOLE FOOTPRINT. THINK ABOUT THAT.

I COULD HAVE A CHILD GO TO PRE-K AND GRADUATE AND WE'RE STILL BUILDING.

AND EVERYONE IN THIS ROOM, ADD YOUR AGE PLUS 16 YEARS. THAT'S WHEN IT MAY BE BUILT OUT. THE TERM SHEET THAT YOU HAVE THAT YOU GOT MONDAY, LET'S SAY, WAS THAT PUT OUT ON THE WEBSITE? IT'S ONLY SEVEN OR EIGHT PAGES. DID YOU PUT IT OUT TO YOUR CONSTITUENTS? WELL, MINE DIDN'T, AND SHE GOES ON FACEBOOK, EMAIL AND TV SAYING THIS IS MY BEST DEAL. THAT'S A POWER GRAB RIGHT THERE.

TEACH ME, DON'T TELL ME. THE "EXPRESS NEWS" DID A BREAKDOWN OF THE TERM SHEET AND THERE IT SAYS, NOW THE CONSTRUCTION TIME LINE IS 12 YEARS.

AGAIN, AGE PLUS 12. THAT'S HOW OLD YOU MAY BE WHEN THIS THING IS TOTALLY COMPLETED. FOR THOSE OF YOU ASKING QUESTIONS AND WANT PUBLIC ENGAGEMENTS, THANK YOU, THANK YOU. MY NOVEMBER VOTE IS NO.

AND LET ME TELL EVERYONE HERE FOR THE SPURS, I LOVE THE SPURS.

I WILL CHEER YOU IN MY HEART AND IN MY HOME BECAUSE I CANNOT AFFORD A TICKET.

BUT MY NO VOTE IS NOT VOTING NO FOR THE SPURS, IT'S BECAUSE THIS PROCESS HAS BEEN COMPROMISED FOR ME. [APPLAUSE] MY COUNCILWOMAN HAS NOT ASKED MYSELF, MY NEIGHBORS OR HER CONSTITUENCY. LET'S HAVE A PUBLIC DISCOURSE. NOT TO PERSUADE ME, BUT TO ASK WHAT ARE MY QUESTIONS, MY CONCERNS, AND EVEN PRAISES. SO I LOVE THE SPURS.

EACH ONE OF YOU -- I'VE TOLD YOU MY VOTE IS NO. EACH ONE OF YOU IN YOUR SEATS, IN YOUR CONSTITUENCY, YOU HAVE NO VOTES RIGHT NOW. SO WHEN THE VOTE COMES IN NOVEMBER, IF THERE'S EVEN ONE ADDITIONAL NO VOTE, WHAT IS GOING TO HAPPEN? SO I ASK YOU BEFORE YOU VOTE RIGHT NOW, AN EXAMINATION OF CONSCIENCE TO SAY WHAT TIME AND ENERGY HAVE I DONE TO MY CONSTITUENCY TO MOVE A NO TO A YES.

THANK YOU. [APPLAUSE] >> MAYOR JONES: FRED REYES, ARE YOU BACK IN THE ROOM. STEVE VERSTIGE.

>> YOU MIGHT SEE A LITTLE BIT OF RESURGENCE IN THE AREA RIGHT AROUND THE STADIUM, BUT IF IT COMES AT A COST TO LESS COMMERCE IN THE OUTLYING AREA, WHICH IS EXACTLY WHAT WE WOULD EXPECT, SAYS JOHN CHARLES BRADBURY, PRESIDENT OF NORTH AMERICAN ASSOCIATION OF SPORTS ECONOMISTS. HE SAYS THIS IS JUST A TRANSFER OF WEALTH WITHIN THE COMMUNITY. SO WHAT WILL THIS MEAN TO DISTRICT 1? WHAT WILL THEY LOSE WHILE UNDER CONSTRUCTION? WE KNOW IT WON'T BENEFIT D2. HOW WILL THIS BENEFIT DISTRICT 5, DISTRICT 6? HOW WILL THIS BENEFIT DISTRICT 7? HOW WILL THIS WEB -- BENEFIT

[02:25:06]

DON'T ASK US WHAT WE THINK OF BACK BACK ODOR DEALS AFTER DONE.

PLEASE HOLD YOUR CAMPAIGN PROMISES OF LISTENING TO CONSTITUENTS AND FISCAL CONSERVATISM. WORLD CLASS MEANS WHAT OTHERS WANT, NOT WHEW WE WANT. PLEASE VOTE FOR ITEM 4. THANK YOU.

[APPLAUSE] >> MAYOR JONES: LUIS RODRIGUEZ, ALEX CRUZ,

PATRICK STOLEMAYOR. >> I HAVE JESSICA WITH ME. >> MAYOR JONES: 56.

THANK YOU. >> HI, GOOD MORNING, MAYOR JONES AND COUNCILMEMBERS.

THANK YOU FOR THE OPPORTUNITY TO PROVIDE COMMENT TODAY.

I WANT TO BEGIN BY RECOGNIZING THE IMPORTANCE OF THE THOUGHT OFFUL PLANNING DONE BY CITY TO, THIS BODY AND MANY OTHERS WHEN IT COMES TO PLANNING PROJECTS LIKE THE SPORTS AND ENTERTAINMENT DISTRICT. ON BEHALF OF OUR OVER 900 MEMBERS TELL US HOW IMPORTANT IT IS FOR IF CITY TO FOSTER AN ENVIRONMENT WHERE GROWTH IS POSSIBLE. AND WORKING TOWARDS SOLUTIONS THAT SERVE THE BEST INTERESTS OF SAN ANTONIANS. THE SPURS ARE A PART OF THE CULTURE AND FABRIC OF SAN ANTONIO. MOVING FORWARD WITH THIS PROJECT IS MORE THAN JUST BASKETBALL, IT'S ABOUT OPPORTUNITY.

AS OTHER SPEAKERS HAVE SAID, SAN ANTONIO SHOULD NOT BE HELD HOSTAGE FROM OPPORTUNITIES THAT BRING BOTH PRIDE AND PROSPERITY TO OUR COMMUNITY.

TIMELY ACTION ENSURES VOTERS HAVE THE INFORMATION THEY NEED IN NOVEMBER AND BUSINESSES CAN PLAN WITH CONFIDENCE. WE URGE YOU TO CONTINUE LEADING WITH VISION AND ENSURING PROJECT LIKE THIS DELIVER REAL AND TANGIBLE BENEFITS TO THE SMALL BUSINESSES ACKNOWLEDGE FAMILIES THAT ARE THE BACKBONES OF THE ECONOMY OF SAN ANTONIO. THANK YOU.

>> I WANT TO THANK YOU, REMIND YOU WE'RE THE FIRST HISPANIC CHAMBER OF COMMERCE AND WITH A CHAMBER THAT ADVOCATES ON SMALL BUSINESSES.

I WANT TO THANK SPURS SPORTS AND ENTERTAINMENT FOR BEING A GRADE STEWARD IN SAN ANTONIO, BET EVEN BEXAR COUNTY FOR LISTENING TO OUR SMALL BUSINESS MEMBERS BECAUSE THEY ASK TO BE CARVED OUT A PORTION FOR THIS PROJECT TO HELP SMALL BUSINESS IS BEING CARVED OUT. THEY ARE GOING THROUGH SUPPLY SA. THIS IS NOT ONLY GOOD FOR SAN ANTONIO, THIS IS TREMENDOUS FOR THE 90% OF OUR SMALL BUSINESSES IN SAN ANTONIO.

THIS IS A GO, SMALL BUSINESS, GO, FOR SAN ANTONIO, TEXAS.

[APPLAUSE] THANK YOU. >> MAYOR JONES: ALEX CRUZ, PATRICK STOLEMEYER. ALEX CRUZ. PATRICK STOLEMEYER.

>> GOOD MORNING, I AM MANAGING MEMBER OF TERRESTRIAL OUTER SPACE, ALSO A TRIAL ATTORNEY. WE NEED A SOLUTION. NOT ALL THIS FIGHTING.

MY FAMILY BRINGS A SOLUTION. WE HAVE AN ACADEMIC PEDIGREE FROM MIT, WE KNOW WHAT WE'RE DOING. WE USE THAT TO CREATE BUSINESSES AND ECONOMIC DEVELOPMENT. ASK WHAT WE DID IN 2006, IN 2016, SPECIFICALLY I WROTE THE PLANS FOR THE AIR FORCE TO GET -- THE MILITARY FUTURE COMMAND.

IT WAS DIVERTED TO AUSTIN AND IT'S $30 BILLION. I WROTE THE PLAN.

WHAT WE BRING IS A PARTNERSHIP AND A TEAM RELATIONSHIP WITH THE SPURS FAMILY. MY FAMILY AND THEIR FAMILY. BOTH IN THE PRIVATE SECTOR.

YOU'RE GOING TO GET MORE THAN ONE PRIVATE SECTOR COMPANY.

WE'RE GOING TO TRANSFORM ALL OF DOWNTOWN INTO AN INNOVATION PARK.

AND PART OF THAT IS GOING TO BE IN THE HEMISFAIR. SO WE CAN LEAVE SPACE FOR

[02:30:08]

THAT'S WHY I AM FOCUSING ON SUPPORTING NUMBER 4. WE'LL HAVE A COLLEGIATE ALLIANCE AS THE ANCHOR, NOT AN ARENA. WE'LL HAVE THE PARTICIPATION INTERNET THAT I'VE DEVELOPED. WE'LL HAVE REMOTE VIRTUAL STREAMING VIDEO PRODUCTION STUDIOS, BRAND-NEW TECHNOLOGY THAT'S TURNING HOLLYWOOD ON ITS TOES. QUANTUM COMPUTING, MY FAMILY IS PROBABLY THE ONLY PEOPLE IN SAN ANTONIO THAT KNOWS WHERE IT IS IN SAN~ANTONIO. WE CAN ADVANCED MANUFACTURING ASSEMBLY OF WIRELESS NETWORK SYSTEM INTELLIGENCE AVAILABLE FORTRESS IAL TO OUTER SPACE APPLICATIONS AND USES.

>> MAYOR JONES: THANK YOU, SIR. YOU CAN SUBMIT THE REST OF

YOUR COMMENTS FOR THE RECORD. >> WHAT I PREFER IS A B

SESSION, BE HAPPY TO COME AND SHARE IT ALL. >> MAYOR JONES: JIM

MCKENNEDY, JOSH POELOOK. >> SUSAN STRAUN. >> NUMBER 87.

>> MAYOR JONES: THANK YOU. SIX MINUTES. >> THANK YOU.

THANK YOU, MAYOR, AND I WANT TO EXPRESS MY SUPPORT AND OUR SUPPORT FOR YOUR PROPOSAL TO HAVE A PAUSE TO GET AN INDEPENDENT ECONOMIC ANALYSIS AND ENGAGE IN REAL PUBLIC ENGAGEMENT WHICH WE HAVE NOT YET HAD. I HAVE SLIDES.

HERE WE GO. OKAY. SO THIS IS SOMETHING THAT I HAVE NOT SEEN ANYWHERE AND I THINK IT'S REALLY IMPORTANT. THIS IS THE COST PER CAPITA OF THIS PROJECT. FOR SAN ANTONIO ADULTS AND CHILDREN.

SO IF YOU TAKE THE 489 MILLION AND YOU DIVIDE IT BY THE POPULATION OF SAN ANTONIO, IT'S $341 FOR EVERY ADULT AND CHILD IN SAN ANTONIO JUST TO PAY THE CITY'S COSTS. AND THAT'S WITHOUT INTEREST ON THE BONDS OVER 30 YEARS.

IF YOU ADD IN THE COUNTY, IT'S 155. IF YOU ADD THE COST OF LAND WHICH WE STILL HAVE NO IDEA WHERE THAT'S CUMMINGS FROM OR HOW MUCH IT IS, IT'S ANOTHER 41. WE GET TO $711 PLUS THE INTEREST.

THIS IS WHY THIS NEEDS OUR DUE DILIGENCE AND MEANINGFUL CITY INPUT.

AND I KNOW WHAT YOU GUYS ARE GOING TO SAY, SUPPORTERS ARE GOING TO SAY YOU DIDN'T DRIVE A RENTAL CAR HERE TODAY. BUT I DID PAY PROPERTY TAXES. I DO PAY SALES TAXES. AND SOME OF THAT WENT TO THE WORLD HERITAGE OFFICE, SOME OF THAT WENT TO AQUIFER PROTECTION, SPORTS FIELDS AND A LOT OF THAT WENT TO COPS AND FIREMEN WHO ARE PROVIDING PROTECTION IN THE TIRZ. AND THAT IS ALL COMING OUT OF THE GENERAL FUND AND THAT COULD ALL BE PAID BY DIFFERENT PIECES OF THIS TOURIST TAXES THAT YOU GUYS ARE GOING TO SPEND ON THIS. WE NEED TO KNOW HOW MUCH THAT IS AND WE NEED TO KNOW WHERE IT'S GOING AND HOW MUCH IS THE TOTAL COST TO PEOPLE IN THE CITY.

SLIDE 2. SO 711 PER CAPITA. I KNOW YOU CAN'T ACTUALLY SEE THIS, BUT THAT'S ACTUALLY A LOT. THAT'S A LOT MORE THAN ANY OF THE RECENT STADIUMS WITH THE EXCEPTION OF OKLAHOMA CITY WHICH IS 100%.

ALLFUL PUBLIC-PRIVATE SPLITS ARE LESS THAN WHAT WE ARE PAYING AND LESS OF THE SUBSIDY AS PERCENTAGE OF THE TOTAL COST AND LESS ON OTHER METRICS LIKE TEAM VALUE AND THE TEAM INVESTMENT AND STADIUM COSTS. YOU KNOW WHAT WOULD HELP US FIGURE IF WE'RE GETTING A GOOD DEAL? AN INDEPENDENT ECONOMIC ANALYSIS, WHICH WE DO NOT HAVE. SLIDE 3.

SO, AGAIN, WE DO NOT KNOW THE ACTUAL COST TO RESIDENTS BECAUSE WE DON'T KNOW YET WHAT WE'RE GOING TO PAY TO BUY THAT LAND OR WHERE THAT MONEY IS GOING TO COME FROM.

HAVEN'T SEEN ANYTHING ABOUT THAT IN ANY OF THE PRESENTATIONS.

WE DON'T KNOW WHAT THE BENEFITS ARE BECAUSE THERE'S BEEN NO INDEPENDENT ANALYSIS. BUT WE DO KNOW THAT EVEN UNDER THE SPURS' OWN ANALYSIS BY STONE AND THE CSL PROJECTIONS, THE INCREASES IN TAX REVENUES ARE NOT EVEN CLOSE TO THE TAX EXPENDITURES FOR THIS PROJECT.

[02:35:01]

THAT'S WHAT WE NEED, THAT'S WHAT WOULD DISTINGUISH US FROM THE FROST CENTER.

IF WE DON'T GET THAT, ALL WE HAVE IS -- SLIDE 3, NEXT SLIDE -- ANOTHER BIG WHITE ELEPHANT JUST LIKE THE OTHER TWO THAT WE ALREADY HAVE, RIGHT? AND SO WHAT WE KNOW IS STUDIES DON'T SHOW THAT ARENAS PRODUCE ANY ECONOMIC GROWTH. THE CSL STUDY ASSUMED THIS DEVELOPMENT WOULD HAPPEN.

THEY DID NO MARKET STUDY AT ALL. THEY ASSUMED THERE WOULD BE TWO TO THREE HOTELS, A LARGE OFFICE BUILDING, 2,000 RESIDENTIAL UNITS, RESTAURANTS, ALL THIS STUFF. THEY DIDN'T LOOK AT COMPETING DEVELOPMENT.

ALSO GUARANTEED AT THE MISSION STADIUM. THEY DIDN'T LOOK AT THE NEW CONVENTION HOTEL, THE FACT WE HAVE 25% OFFICE VACANCY RATE DOWNTOWN RIGHT NOW.

SO MY QUESTION IS WHAT DO WE HAVE IN THE WAY OF THE -- NEXT SLIDE.

WHAT DO WE HAVE IN THE WAY OF A SPURS GUARANTEE REALLY? WHAT DOES THIS MEAN? THERE WERE PROMISES MADE ABOUT THE FROST CENTER. THERE WERE PROMISES MADE ABOUT BRINGING MAJOR LEAGUE SOCCER TO THE TOYOTA CENTER AFTER THE CITY BAILED OUT THAT AND KNOB SAID TOO BAD, I'M SORRY, MAJOR LEAGUE SOCCER DID US A BAD ONE, HERE, SPURS, HERE'S YOUR 5 MILLION ONE DOLLARS BACK. WHAT'S GOING TO HAPPEN HERE POTENTIALLY? I'M NOT SAYING THE SPURS ARE ACTING IN BAD FAITH, I'M SURE DEPARTMENT TO DO A BILLION-DOLLAR DEVELOPMENT. WHAT DO THEY HAVE TO PAY REALLY IF THEY DON'T? IF YOU LOOK AT WHAT THE BOND RATE IS, ON $500 MILLION OF ASSESSED VALUE INCREASE, THAT'S ONLY $2.7 MILLION IN ADDITIONAL CITY TAX REVENUE.

IS THAT THE GUARANTEED REVENUE AMOUNT? WE DON'T KNOW.

WE HAVEN'T SEEN THE NUMBERS. BUT IF IT IS, THAT'S NOT VERY MUCH MONEY.

IF THEY CAN WALK AWAY AND PAY $2.7 MILLION A YEAR TO AVOID INVESTING, YOU KNOW, IN A DOWN MARKET, YOU KNOW, THEY MAY DO THAT BECAUSE NO ONE -- WE DON'T WANT THEM TO BUILD EMPTY OFFICE SPACE OR VACANT RESIDENTIAL. IS THIS THE ONLY PENALTY? WE NEED TO KNOW WHAT IS GOING TO HAPPEN IF THIS DEVELOPMENT DOESN'T HAPPEN.

SO NEXT. YOU KNOW, YOU NEED TO LOOK VERY CLOSELY AT THE

FINANCING ADDENDUM -- >> MAYOR JONES: YOU CAN SUBMIT THE REST OF COMMENTS

FOR THE RECORD. [APPLAUSE] >> HI.

JOSH POLACK. RESIDENT OF DISTRICT 1, GREW UP IN SAN ANTONIO, HAVE LIVED IN AUSTIN, NEW YORK, DONE WORK ACROSS THE COUNTRY AS A DEVELOPER.

I HAVE BEEN AT A LOT OF CONTENTIOUS CITY COUNCIL MEETINGS TRYING TO ARTICULATE A POINT THAT'S NOT NECESSARILY DESIRED BY CERTAIN SUBSECTIONS.

AND MAYOR, I SPECIFICALLY WANTED TO TALK ABOUT YOUR ITEM 4.

WHEN YOU GO INTO NEGOTIATION AS A DEVELOPER, YOU KNOW YOU'RE GOING TO GET PEOPLE THAT DON'T LIKE ASPECTS OF WHAT YOU ARE GOING TO DO BECAUSE THEY HAVEN'T BEEN AT THE TABLE FOR ALL THE HIND THE SCENE MEETINGS THAT DO HAPPEN.

YOUR PUBLIC COMMENTS HAVE SAID REPEATEDLY THAT YOU WANT TO GET A DEAL DONE WITH THE SPURS, AND I THINK AS A -- AS SOMEONE THAT HASN'T BEEN ABLE TO SEE ALL THOSE COMMENTS, WHAT YOU HAVEN'T OFFERED OTHER THAN AN ASK FOR MORE TIME AND DELAY IS WHAT WOULD BE A GOOD OUTCOME FOR YOU. WHAT YOU THINK WOULD BE A WINNING ARRANGEMENT. YOU'VE REFERENCED REVENUE SHARING I THINK IN AN INTERVIEW WITH SOMEONE FROM THE CURRENT. THAT'S THE MOST THAT I'VE SEEN. I THINK PAINTING A SOLUTION TO WHAT YOU THINK COULD BE -- I THINK PAINTING SOMETHING THAT YOU THINK WOULD BE A GOOD DEAL IS, AS A CITIZEN, SOMETHING THAT I WOULD REALLY RESPECT AND APPRECIATE ON BEHALF OF PEOPLE THAT SAY, HEY, WE DON'T -- THIS HAS BEEN RUSHED.

WELL, IT SEEMS LIKE THERE'S BEEN A LOT OF CONVERSATION BEHIND THE SCENES THAT HAVEN'T BEEN RUSHED THAT A LOT OF PEOPLE HAVE BEEN PRIVY TO, BUT I THINK AS A LEADER AND YOU ARE TRYING TO MAKE A BOLD IMPACT, HAVING SOMETHING MORE THAN WE NEED

[02:40:01]

FROM. THANKS. >> MAYOR JONES: PHILLIP

ADDCOCK. >> HELLO, COUNCIL. IT WAS REALLY INTERESTING TODAY TO SEE YOUR CONSENT AGENDA. THERE WAS ONE MEMBER OF COUNCIL I WASN'T SURE WHO KNEW ABOUT CONSENT BECAUSE I SAW HIM PUTTING HIS HANDS ON THE MAYOR AND I BELIEVE HE SHOULD BE REMOVED FROM THE DAIS FOR THAT.

[APPLAUSE] IT'S ALSO INTERESTING TO ME TO SEE CENTRO WORKERS HERE BEING ALLOWED TO BE HERE DURING WORK TIME WHEN I WORKED LAST TIME AND WAS FIRED FOR ATTENDING COUNCIL MEETINGS AND OTHER MEETINGS FIGHTING AGAINST DEALS.

THAT'S ANOTHER ING THIS THING FOR ME TODAY. I'M IN FULL SUPPORT OF ITEM 4 AND GETTING INFORMATION BEFORE A DEAL IS DONE. I USED TO LOVE THE SPURS AND FROM NOW ON I'LL CALL THEM SAN ANTONIO SOURS BECAUSE THAT'S HOW THEY MAKE ME FEEL. I CAN'T SPEAK TO MY OWN CITY COUNCILMEMBER BECAUSE SHE VOTED FOR ME TO BE REMOVED AS A CONSTITUENT AND WHEN I HAVE SPOKEN TO HERSHEY'S BEEN NOTHING BUT CALLOUS AND COLD. I DON'T BELIEVE SHE REPRESENTS ME OR ANYONE IN DISTRICT 1 EXCEPT CORPORATE INTERESTS.

ME AND MY NEIGHBORS HAD OUR HOMES ERASED, ON A NON-BINDING TERM SHEET AND NOTHING CHANGED EXCEPT TO BENEFIT THE MISSIONS. THE SAME WILL HAPPEN TO THE SPURS. WE HAVE PARASITES LIKE HOLT AND FROST AND DEBARRY WHO ARE DOING EVERYTHING THEY CAN TO TAKE FROM US AND NOT BENEFITING THE CITY, JUST STEALING FROM US. WE COULDN'T DRAFT THIS IF IT WAS A PLAYER BUT YET THEY WANT US TO SIGN THIS TERM SHEET. IF THIS IS THE WAY IT WORKS, I HAVE A PROPOSAL AS WELL. I WOULD LIKE $700 MILLION FOR A PLAQUE, A STATE-OF-THE-ART PLAQUE DOWNTOWN. I DID MY OWN INDEPENDENT STUDY AND IT WILL EARN $68 TRILLION. I PROPOSALS IF YOU VOTE FOR THIS, I'LL SUBMIT A TERM SHEET. THAT'S HOW GOVERNMENT IS DONE IN SAN ANTONIO. [APPLAUSE] THANK YOU.

[APPLAUSE] >> MAYOR JONES: CHRIS HOLDEN, JODY BAILEY NEWMAN.

CHRIS HOLDEN, JODY BAILEY NEW MAN. OKAY, BILL BRINDEL, GEORGE

>> I HAVE TO LOOK AT NOTES THESE DAYS BECAUSE I HAVE BRAIN FOG.

I'M JODY BAILEY NEWMAN. I WAS JUST BACK THERE HEARING JOCK JAMS IN MY HEAD. HI, MAYOR, COUNCIL, THANKS FOR LISTENING TO ME.

I'M GOING TO GIVE MY STATS. USUALLY I'M HERE TALKING ABOUT LOCAL, INDEPENDENT SMALL BUSINESS. YOU ALL ARE PROBABLY TIRED OF ME TALKING ABOUT THAT.

I'M HERE TODAY JUST AS MYSELF. REPRESENTING MY FAMILY TO TALK ABOUT THE SPURS ARENA. I OWN A FEW BARS IN TOWN, TWO DECADES I'VE LIVED IN SOUTH TOWN. I LIVE WITHIN TWO BLOCKS OF THE ARENA SITE.

I CAN SEE IT, I CAN HEAR THE ITC FALLING AT 7:00 IN THE MORNING.

I WORK JUST A FEW BLOCKS FURTHER AND BOTH MY CHILDREN WERE BORN AND RAISED IN DOWNTOWN SAN ANTONIO. I LIVE NEXT DOOR TO MY MOM, SHE'S 81 YEARS OLD.

HER CLAIM TO FAME IS THAT SHE SPOTTED THE COYOTE UP ON THE TOWER WHEN THEY WERE FILMING THE SPURS GAME INTRO, AND SHE SPOTTED IT BEFORE ANYBODY ELSE.

THAT'S HER CLAIM TO FAME. MY HUSBAND AND I ARE SPURS SEASON TICKET HOLDERS.

I'VE GONE HONKING MORE TIMES THAN YOU CAN IMAGINE FOR THE SPURS, INCLUDING WHEN WE DRAFTED WEMBY. I AM PRO-REASON. I THINK 2 -- ARENA.

I THINK WE ALL WANT THEM HERE. BUT WE NEED OUR COMMUNITY TO VOTE. NOT JUST ONE TIME, BUT TWICE IN FAVOR OF THIS PROJECT.

TWICE. I DO A FEEDBACK AND I HAVE CONCERNS ABOUT THAT.

I FEEL LIKE THIS PROJECT TO DATE HAS NOT REALLY BEEN ABOUT COMMUNITY.

AND I DON'T SEE HOW WE GET THERE IN NOVEMBER WITHOUT IT.

>> MAYOR JONES: IS THERE SOMEBODY ELSE THAT WOULD LIKE TO GIVE YOU TIME?

[02:45:01]

DID YOU HAVE MORE? >> NO. I JUST THINK I WOULD LIKE TO

SEE MORE COMMUNITY FEEDBACK. >> MAYOR JONES: THANK YOU. >> THANKS.

>> MAYOR JONES: BILL BRENDLE. >> THANK YOU, MAYOR AND COUNCIL. ON BEHALF OF TOURISM INDUSTRY OF 150,000 PEOPLE IN OUR COMMUNITY AND ON BEHALF OF THE SAN ANTONIO VISITOR ALLIANCE, I WANT TO -- I'M HERE TO VOICE STRONG SUPPORT FOR THE PROPOSED SPORTS AND ENTERTAINMENT DISTRICT IN DOWNTOWN SAN ANTONIO AND IN FAVOR OF PASSING ITEM 5.

ONE OF ININVESTIGATION $2 BILLION INTO THE HEART OF OUR CITY. THIS IS MORE THAN JUST A DEVELOPMENT, IT'S A TRANSFORMATIVE OPPORTUNITY TO BOOST ECONOMIC GROWTH, EXPAND ENTERTAINMENT AND CULTURAL OFFERINGS AND REVISE A KEY AREA OF DOWNTOWN AND IMPORTANTLY IT WILL BENEFIT BOTH RESIDENTS AND VISITORS ALIKE.

WITH SAN ANTONIO'S RICH CULTURAL HERITAGE AND PASSIONATE SPORTS COMMUNITY, THIS DISTRICT COMBINING FAMILY-FRIENDLY SPACE, LIVE MUSIC, SPORTS, CONVENTION FACILITIES AND MORE WILL POSITION OUR CITY AS A NATIONAL LEADER FOR EVENTS, INNOVATION AND TOURISM. OTHER CITIES IN OUR COUNTRY HAVE SHOWN THAT PROJECTS LIKE THIS BECOME ECONOMIC ENGINES AND COMMUNITY LANDMARKS.

SAN ANTONIO SHOULD EXPECT NO LESS. GOOD JOBS, STRONGER TOURISM REVENUE AND FRESH OPPORTUNITIES FOR LOCAL ARTISTS, ENTREPRENEURS AND SMALL BUSINESSES. THIS INVESTMENT WILL BE FUNDED THROUGH RESTRICTED USE OCCUPANCY TAX DOLLARS AND PRIVATE CAPITAL, A SMART AND SUSTAINABLE APPROACH THAT DELIVERS VALUE WITHOUT PLACING A BURDEN ON OUR CITIZENS.

WE ARE ESPECIALLY ENCOURAGED BY THE INCLUSIVE VISION BEHIND THE PROJECT.

WE APPLAUD YOUR LEADERSHIP AND COLLABORATION AND WE ARE PROUD TO SUPPORT THE TERM SHEET BEING PASSED IN ITEM 5. THANK YOU VERY MUCH.

PLEASE DO NOT DELAY. [APPLAUSE] >> MAYOR JONES: GEORGE CISNEROS. MICHELLE MADSON, ARIANNA FLOYD, ROBERT SHELBY.

>> GOOD MORNING, MAYOR AND COUNCIL. MICHELLE MADSON.

OUR NEARLY 300 MEMBERS STAND IN STRONG SUPPORT FOR THE ADVANCEMENT OF THE SPORTS AND INTERMITTENT DISTRICT AND WOULD -- ENTERTAINMENT DISTRICT AND WOULD ASK YOU TO MOVE FORWARD TO EXECUTE THIS EXTREMELY FAIR TERM SHEET.

SAN ANTONIO'S CONTINUED GROWTH AND ECONOMIC STRENGTH ARE LINKED TO OUR ABILITY TO ATTRACT NEW VISITORS AND CERTAIN THE SPURS ARENA ALONGSIDE EXPANSION OF CONVENTION FACILITIES WILL GENERATE MILLIONS IN ECONOMIC IMPACT THAT WILL RIPPLE OUT INTO EVERY FACET OF OUR COMMUNITY. WE BELIEVE ADDITIONAL ANALYSIS CAN BE DONE AND THAT THE INTERRUPTION OF FORWARD MOTION DELAYS OUR ABILITY TO BID ON AND SECURE MEETINGS AND EVENTS THAT HELP PAY FOR THE LIVELIHOOD OF ONE IN EIGHT SAN ANTONIO CITIZENS. PRELIMINARY REPORTS SHOW A LOSS OF MARKET SHARE FOR WHEN AUSTIN, DALLAS AND HOUSTON REOPENED THEIR CONVENTION CONVENTION CENTERS. BEFORE WE LOSE ADDITIONAL MARKET SHARES. IF WE DO NOT BEGIN THIS INVESTMENT IN FUTURE NOW, WE'LL BE STOCK MARKET FROM A LARGER DEFICIT -- THAT REPRESENTS OUR CITY TO MILLIONS OF VISITORS EVERY YEAR. THIS IS A COMPLICATED PROJECT AND WE APPLAUD THE WORK OF CITY MANAGER AND STAFF FOR THOROUGH AND THOUGHTFUL PLANNING AND BELIEVE CREATES THE MAXIMUM RETURN ON INVESTMENT FOR OUR WORKFORCE AND OUR RESIDENTS THROUGH PRIVATE INVESTMENT AND THE CLEVER APPLICATION OF VERY RESTRICTED VISITOR DOLLARS. THE SPURS ARE A CRITICAL AND BELOVED PARDON PART OF OUR HOSPITALITY COMMUNITY AND I URGE YOU TO MOVE FORWARD TO ENSURE OTHER CITY REMAINS A THRIVING DESTINATION FOR DECADES TO COME.

>> MAYOR JONES: ARIANNA FLOYD, ROBERT SHELBY. >> THANK YOU, MAYOR AND COUNCILMEMBERS. I'M HERE ON BEHALF OF THE ESPERANZA PEACE AND JUSTICE CENTER. I COULD WAX POETICALLY ABOUT THE HARD FACTS OF THIS CASE FROM THE INVESTMENT OF PUBLIC FUNDS TO THE PEOPLE WHO WOULD BE DIRECTLY IMPACTED DESPERATELY TRYING TO PROTECT HOMES AND COMMUNITIES.

I'M SHORT ON TIME AND PEOPLE HAVE DONE THAT EXPLAINING ALREADY.

WHAT I WANT TO DRAW YOUR ATTENTION TO IS TWO VALUES THAT MY PARENTS, INCLUDING

[02:50:01]

IF YOU LOVE THIS CITY, VOTE FOR PATIENCE. VOTE FOR TAKING EXTRA CARE OF THE HONORS INSTEAD OF CUTTING -- CORNERS INSTEAD OF CUTTING THEM AND LET US GATHER DATA TO TRULY ANALYZE THE IMPACT THIS WILL HAVE ON OUR CITY.

ASK WHAT IS BEING HIDDEN AND WHO IS SET TO GAIN FROM YOUR IGNORANCE.

NO ONE CAN BLAME YOU FOR NEEDING ANSWERS TO QUESTIONS, BUT YOU WILL BE HELD ACCOUNTABLE IF YOU DO NOT ASK THE QUESTIONS IN THE FIRST PLACE.

IN THE MEANTIME, I WOULD LIKE TO ASK YOU A FEW QUESTIONS.

IN ALL THE STORES OF THE FAST-TALKING BUSINESSMAN DOING THE WORK OF CULTIVATING THE LAND THAT SITS UNDER US CURRENTLY TODAY, WHAT HAVE YOU LEARNED? DO YOU TRULY KNOW THE VALUE OF WHAT YOU ARE TRYING TO SELL? HOW WILL YOU LET THE SPIRIT OF SAN ANTONIO SHAPE YOU? AS YOU ARE MAKING DECISIONS ABOUT HOW TO SHAPE SAN ANTONIO.

THANK YOU. [APPLAUSE] >> MAYOR JONES: ROBERT

SHELBY, JAMES NORDEE, RENEE DOMINGUEZ. >> MAYOR AND CITY COUNCIL, I AM ROBERT SHELBY, I LIVE IN COUNCILWOMAN K. UER'S DISTRICT.

THERE CONTINUES TO BE MISUNDERSTANDING WHAT PROJECT MARVEL IS AND IS NOT. THE LOCAL MEDIA HAS DONE NOTHING TO CORRECT MISINFORMATION. PROJECT MARVEL IS MORE THAN THE NEW ARENA.

THE MEDIA CONTINUES TO SAY THE CITY CONTRIBUTIONS TO THE ARENA IS ALMOST 500 MILLION. IN ACTUAL REALITY IT'S TO SELL BONDS WHICH AT THIS TIME IS 489 MILLION. NO CITY PROPERTY TAX REVENUE WILL BE USED FOR THE ARENA.

THOSE BONDS WILL BE REPAID USING THE LEASE PAYMENTS FROM THE SPURS MAKE GROUND LEASES TO THE OTHER PROPERTY IN PROJECT MARVEL AREA, REVENUE FROM THE HEMISFAIR INCREMENT REINVESTMENT ZONE, REVENUE FROM THE PROJECT FINANCE ZONE NUMBER 2.

NONE OF THIS 489 MILLION WILL BE AVAILABLE WALSH HAS GUIDED TO THE CITY TO THE HIGHEST POSSIBLE BOND RATING WHICH MEANS THE LOWEST INTEREST. THAT MEANS IT WILL BE EASIER TO REPAY THE FUNDS NEEDED.

MAYOR JONES IS ACTING LIKE A FORMER MAYOR THAT DID NOT WANT A NEW REASON DOWNTOWN 25 YEARS AGO. THE SPURS MAY HAVE MOVED OUT OF TOWN 20 YEARS AGO.

MAYOR JONES HAS ARGUED FOR MORE INFORMATION AND TRANSPARENCY, YET SHE REFUSED TO ANSWER THE QUESTION FROM SPURS JESUS WHICH IS APPROPRIATE IN BEING TRANSPARENT. WHAT IS ECONOMIC IMPACT ON THE CITY IF PROJECT MARVEL AND THE ARENA ARE NOT COMPLETED AND THE SPURS LEAVE SAN ANTONIO.

THAT ECONOMIC IMPACT WOULD BE HUGE. I URGE THE CITY COUNCIL TO AUTHORIZE CITY MANAGER WALSH TO CONTINUE THE PROCESS AND MOVE FORWARD ON PROJECT

MARVEL. [APPLAUSE] >> MAYOR JONES: JAMES

NORTEE. RENEE DOMINGUEZ. >> GOOD MORNING, MAYOR.

THIS IS A PRELIMINARY MATTER, WE'LL BE SPEAKING WITH A GROUP.

>> MAYOR JONES: SO GAMES -- SO RENEE AND THEN -- HOW MANY OTHERS?

THANK YOU. SIX MINUTES. >> THANK YOU, MAYOR AND GOOD MORNING, GOOD MORNING, MAYOR, COUNCILMEMBERS. MY NAME IS JAMES NORTEE AND I HAVE THE JOY AND HONOR OF SEARCHINGS AS CEO FOR SAN ANTONIO FOR GROWTH THE EAST SIDE. I AM HONORED TO BE JOINED BY THE PRESIDENT OF THE DIGNOWITY HILLS ASSOCIATION, A FIFTH GENERATION SAN ANTONIAN.

I ABSOLUTELY AM HONORED BY THIS CONVERSATION. I LOVE THE SPURS AS A PARTNER, BUT MOST OF THE CONVERSATION TODAY HAS FOCUSED ON DOWNTOWN, THE ALAMODOME, THE CONVENTION CENTER. WHAT IS MISSING IS THE COMMUNITY COMPONENT, HOW THIS WOULD BENEFIT OR HARM OUR RESIDENTS AND SMALL

[02:55:04]

WE CAN LEARN AND MOVE FORWARD AND IT'S FOR THIS REASON SAGE HAS JOINED FORCES WITH [INAUDIBLE] AND WITH VELOCITY TO PROPOSE AN EAST SIDE DISTRICT PLAN THAT CAN HELP ENSURE THESE BENEFITS ARE SPREAD BROADLY, PROMOTING ECONOMIC DEVELOPMENT, HOUSING, INFRASTRUCTURE, SMALL BUSINESS SUPPORT.

THIS IS WHAT'S MISSING FROM OUR CONVERSATION TODAY. OUR COMMUNITY MAY BE DIVIDED ON WHETHER OR NOT TO SUPPORT PROJECT MARVEL, BUT WHERE WE ARE UNITED IS THE NEED FOR COMMUNITY-BASED ECONOMIC DEVELOPMENT. WHERE WE ARE UNITED IS A MODEL THAT SUPPORTS A WIN-WIN DYNAMIC THAT BRINGS PEOPLE TOGETHER.

IT'S FOR THIS REASON BORE DIGNOWITY HILLS AND BELIEVE THIS MODEL CAN BE REPLICATED ALL OVER SAN ANTONIO AND IT'S FOR THIS REASON WE URGE YOU TO HEAL OLD WOUNDS.

HARNESS THIS MOMENT TO MOVE FORWARD AND TOGETHER THINK THROUGH HOW WE CAN HELP

FILLED COMMUNITY TRUST FOR THE EASTSIDE DISTRICT. >> COUNCIL, MAYOR, I'M RENE DOMINGUEZ, PRESIDENT AND CEO OF TEXAS RESEARCH AND TECHNOLOGY FOUNDATION, BETTER KNOWN AS VELOCITY, TEXAS, A 40-YEAR-OLD NON-PROFIT HERE IN SAN ANTONIO. FOR 30 OF THOSE YEARS WE WERE ESTABLISHING A RESEARCH PARK ON THE FAR WEST SIDE OF SAN ANTONIO OUTSIDE OF OUR CITY LIMITS.

AROUND 10 YEARS AGO OR MORE, DECIDED TO CHANGE ITS STRATEGY TO DEVELOP A MIXED-USE VIBRANT COMMUNITY. AS WE RESEARCH WHERE WE WANTED TO PLACE THIS HUGE IMPACT INVESTMENT, THE NEAR EAST SIDE, BLOCKS IN FRONT OF THE ALAMODOME BECAME THAT PREFERRED SITE.

PRIMARILY BECAUSE OF ITS REVITALIZATION POTENTIAL, BUT ALSO WITH A BIG AND HUGE PROFOUND OPPORTUNITY TO IMPACT THE NEARBY RESIDENTS. SINCE WE STARTED, WE HAVE REDEVELOPED AN ENTIRE MERCHANTS AND CULTURALLY SIGNIFICANT GJ PROPERTY RIGHT NEXT DOOR. WE HAVE BEEN WORKING HARD WITH OUR PARTNERS TO ESTABLISH THIS EAST SIDE INNOVATION DISTRICT THAT JAMES MENTIONED.

WE WERE STARTING TO INTEGRATE AND INCORPORATE THE NEIGHBORHOODS INTO OUR PROCESS BUT NOW WITH VIA, THE SILVER LINE, IT'S NOT BEING DISCUSSED ENOUGH, THAT WILL HAVE A PROFOUND IMPACT AND OF COURSE, THE SPORTS SPURS AND ENTERTAINMENT DISTRICT, WE HAVE A REAL OPPORTUNITY TO LEVERAGE THESE INVESTMENTS TO DRIVE ECONOMIC DEVELOPMENT TO THE NEAR EAST SIDE. TO REALLY CREATE AN ECONOMIC AND COMMUNITY DEVELOPMENT PLAN.

BY INCLUDING THIS PLAN IN THE DISCUSSIONS AROUND THIS INCREDIBLE INVESTMENT, WE CAN TURN GAME DAY EXCITEMENT INTO EVERYDAY ECONOMIC OPPORTUNITY. I WILL CONCLUDE BY SAYING WE PRESENTED THIS PLAN TO THE SPURS AND THEY FULLY SUPPORT THE FRAMEWORK OF THIS PLAN.

WE HAVE PRESENTED IT TO CHAMBER TO CENTRO, TO VARIOUS CITY COUNCIL MEMBERS, TO EAST SIDE LEADERS AND BUSINESS OWNERS AND MOST IMPORTANTLY, WE HAVE RECEIVED THE ENDORSEMENT FROM DIGN DIGNOWITYHILL NEIGHBORHOOD ASSOCIATION.

>> THANK YOU. I WILL CONCLUDE BY SAYING WE ARE A NON-PROFIT ORGANIZATION AND OUR MISSION IS TO WORK WITH AND IN COMMUNITY TO BUILD HEALTH, WEALTH AND POWER FOR UNDERINVESTED FAMILIES AND NEIGHBORHOODS. I THINK EVERYONE WHO HAS SPOKEN TODAY HAS AGREED THAT BENEFITS THAT COME FROM DEVELOPMENT SHOULD FLOW TO EXISTING RESIDENTS AND EXISTING BUSINESSES AND SHOULD ALSO BE TARGETED TO AREAS WHERE THERE MAY BE NEGATIVE IMPACTS. SO WHAT I WANT TO REMIND EVERYONE OF, I DON'T NEED TO REMIND COUNCIL MEMBER CASTILLO BECAUSE SHE ALREADY ADDRESSED THIS, THE CITY HAS INVESTED MANY YEARS, HUNDREDS OF VOLUNTEERS HAVE SPENT THOUSANDS OF HOURS DEVELOPING PLANS AND THOSE PLANS MAY BE SPECIFIC LIKE THE STRATEGIC HOUSING IMPLEMENTATION PLAN OR NEIGHBORHOOD-BASED PLANS OR OTHER ECONOMIC DEVELOPMENT PLANS AND THOSE PLANS FORM A VERY SOLID BASIS FOR DECIDING WHERE RESOURCES AND WHERE INVESTMENTS SHOULD GO AS THE BENEFIT OF FUTURE GROWTH.

FOR EXAMPLE, THE STRATEGIC HOUSING IMPLEMENTATION PLAN INCLUDES MANY ACTIONABLE STRATEGIES, A LOT OF THEM ALREADY UNDERWAY, THINGS LIKE CREATING COMMUNITY LAND TRUSTS AND HAVING HYPER-LOCAL DEVELOPMENT STRATEGIES FOR AFFORDABLE AND SO THE EAST SIDE DISTRICT PROVIDES A PERFECT MODEL, FOR INVESTING NEW RESOURCES THAT

[03:00:03]

PLEASE USE THE EXISTING PLANS AND COMMITMENTS AS A STARTING POINT.

THANK YOU. >> MAYOR JONES: ADEN STYLES, MOLINA.

>> GOOD AFTERNOON. GOOD MORNING, MAYOR AND COUNCIL. I WAS BORN AND RAISED HERE IN THIS BEAUTIFUL CITY OF SAN ANTONIO. I LOVE THE CULTURE OF THE PEOPLE, THE HISTORY OF THE CITY. I'M NOT REPRESENTING ANYONE. IT'S JUST MYSELF.

HERE TO SPEAK IN FAVOR OF THIS TERM SHEET. PROJECT MARVEL IS MORE THAN JUST A NEW ARENA, SHINY NEW BUILDINGS. IT'S A PROJECT THAT PROPELS SAN ANTONIO INTO THE 21ST CENTURY, AND STABILIZES THE SPURS AS THE ECONOMIC ENGINE THAT WE NEED IN THIS CITY. IF WE KEEP PAUSING AND DELAYING, THIS WILL BECOME A VICIOUS CYCLE. ONE STUDY BECOMES ANOTHER, ONE OPINION BECOMES TWO, ONE PROJECT PROPOSAL BECOMES FIVE. ASK SEATTLE, ASK OAKLAND HOW THAT WORKED OUT.

THE WINNERS WILL ONLY BE CONSULTING FIRMS. WE BELIEVE, I BELIEVE, THAT WE NEED TO ACT NOW, NOT OUT OF FEAR THAT THE SPURS MIGHT LEAVE IN 2032 WHEN THEY GET A GODFATHER OFFER, BUT THE TIME IS NOW BECAUSE THIS IS OUR MOMENT. THIS IS A HISTORIC MOMENT FOR A HISTORIC CITY AND A HISTORIC FRANCHISE. ASK DALLAS HOW HARD IT WAS TO BE RELEVANT IN THE NBA. ASK HOUSTON IF THEY HAVE A TEAM TO BE PROUD OF.

THE TIME TO ACT IS NOW. THE SPURS HAVE REPRESENTED US SO WELL ON AND OFF THE COURT, IT'S TIME THAT WE GIVE THEM THE SAME COMMITMENT AS A CITY. IN TURN, WE CAN BUILD SOMETHING THAT WE ARE ALL PROUD OF AND MAYOR ORTIZ JONES, YOU RAN ON THERE IS NO TIME TO WASTE.

WHY IS THERE SUDDENLY TIME? I YIELD. [APPLAUSE]

>> MAYOR JONES: ADEN STYLES. PLEASE LINE UP. ROME

ROMERO, ARE YOU IN THE BUILDING? >> I'M A CPA AND REALTOR AND PRIMARILY MY BUSINESS IS DONE IN THE LAVACA/DIGNOWITY AREA. I'M INTIMATELY FAMILIAR WITH THAT AREA.

ALL OF THAT AREA IS POISED FOR MASSIVE EXPANSION WITH A CAPITAL INFUSION LIKE THIS.

THERE ARE TONS OF DEVELOPERS AND HOUSING OPPORTUNITIES AVAILABLE IF WE MOVE FORWARD WITH PROJECT MARVEL. I REPRESENT ONE RESIDENTIAL COMMUNITY THAT ONCE BUILT OUT, WILL GENERATE OVER $1 MILLION IN PROPERTY TAX A YEAR. ANYBODY IN CONTRACT NEGOTIATIONS WILL TELL YOU THAT TIME KILLS ALL DEALS, AND ESPECIALLY IN CONSTRUCTION, WE KNOW THAT LABOR'S GOING UP, MATERIAL COSTS ARE GOING UP, TIME KILLS ALL DEALS.

THIS PROJECT IS MORE EXPENSIVE TODAY THAN IT WAS YESTERDAY. SO DELAYING ANY MORE MAKES IT LESS AND LESS LIKELY TO HAPPEN, AND MORE EXPENSIVE. SO I ENCOURAGE YOU TO MOVE FORWARD QUICKLY, BECAUSE IT WILL BRING INSANE, I THINK, INSANE AMOUNTS OF DEVELOPMENT AND

VIBRANCY TO THE DOWNTOWN AREA. [APPLAUSE] >> MAYOR JONES: SHANY AVERY,

RACHEL MELENDEZ. >> GOOD AFTERNOON NOW. I AM THE PROUD PRESIDENT OF NORTH SIDE AFT, THE UNION REPRESENTING THE WORKING PEOPLE OF NORTH SIDE ISD.

I AM HERE TODAY IN STRONG SUPPORT COMMITMENTS ARE MADE REGARDING OUR SAN ANTONIO SPURS. WE LOVE OUR SPURS.

[03:05:06]

PRO-WORKER AND PRO-TRANSPARENCY. WE WANT THE SPURS TO THRIVE HERE BUT OUR FAMILIES, CHILDREN AND ANNEIGHBORHOODS MUST THRIVE, TO. THAT'S WHY WE STAND IN FULL SUPPORT OF MAYOR JONES' CALL FOR AN INDEPENDENT ECONOMIC ANALYSIS BECAUSE SAN ANTONIO DESERVES NOTHING LESS.

AND I WILL SAY THAT THERE ARE MULTIPLE UNIONS HERE THIS AFTERNOON, THIS MORNING, SOME HAVE HAD TO LEAVE BECAUSE THEY HAVE TO WORK TODAY, BUT WE WANT TO SUPPORT MAYOR JONES' REQUEST.

THANK YOU. [APPLAUSE] >> MAYOR JONES: SHANA AVERY.

RACHEL MELENDEZ? MARYSUACERO? PLEASE LINE UP.

THANKS. >> THEY'RE WITH ME. YEAH.

SIX TOTAL. WE ALL WANTED TO COME UP. THANK YOU.

GOOD MORNING OR GOOD AFTERNOON NOW. THANK YOU FOR GIVING US THE TIME HERE. WE ARE A UNION THAT REPRESENTS HOTEL AND HOSPITALITY WORKERS ACROSS THE CITY, ACROSS THE STATE, ACROSS THE COUNTRY. WE ACTUALLY HAVE 300,000 MEMBERS ACROSS THE COUNTRY IN HOTELS, CASINOS, STADIUMS, ET CETERA. SO WE ARE HERE TO SAY WE SUPPORT THE MAYOR'S CALL FOR AN ECONOMIC ANALYSIS AND ALSO WANT TO SAY WE ARE THE EXPERT ON THESE JOBS.

OUR MEMBERS HERE ARE THE EXPERT ON HOW THESE JOBS CAN BE GOOD JOBS AND RIGHT NOW, IT DOESN'T LOOK LIKE GOOD JOBS. IT DID SAY IN THE TERM SHEET THE CITY'S MINIMUM WAGE FOR FULL-TIME EMPLOYEES AT THE STADIUM. HOW MANY OF THOSE EMPLOYEES AT THE STADIUM ARE GOING TO BE FULL-TIME? WHAT ARE THOSE JOB CLASSIFICATIONS? IS FULL-TIME 40 HOURS? IS IT 35? IS IT 32? WE HAVE THESE QUESTIONS ABOUT WHAT WE'RE GOING TO GET THERE.

I THINK I WILL ALSO ADD THAT IT'S REALLY WILD THAT ASKING FOR MORE INFORMATION IS COMING OFF AS -- OR IS BEING TURNED INTO BEING AGAINST THE PROJECT. WE THINK THIS COULD BE A GOOD PROJECT IF IT'S DONE RIGHT. WE JUST NEED THE INFORMATION. SO I'M GOING TO PASS IT OVER TO

I THINK MAX WAS GOING TO GO NEXT. >> MAYOR, CITY COUNCIL, MY NAME IS MAX. I WORK FOR GRAND HYATT. AS A BANQUET SERVER.

FOR OVER 35 YEARS, I HAVE WORKED AT HOTELS ALL OVER THE COUNTRY. I HAVE THE HOTELS HOSPITALITY JOBS CAN BE GOOD JOBS. TO SAY THAT THIS PROJECT WILL BRING JOBS DOESN'T MEAN ANYTHING. PEOPLE ALL OVER THE CITY ARE WORKING TWO, THREE MORE JOBS TO MAKE ENDS MEET. ALSO, TOURISTS ARE NOT COMING HERE FOR THE SPORTS.

IT'S TIME THAT THE SPURS SHOW US THE SAME LOVE BACK. WE NEED MORE INFORMATION ABOUT HOW THIS WOULD IMPACT OUR CITY. PLEASE DO YOUR DUE DILIGENCE AND REPRESENT US AND FUTURE GENERATIONS OF SAN ANTONIO. WE NEED THE BEST DEAL FOR US, NO QUICK DEAL.

THANK YOU. >> MY NAME IS MARY. I LIVE IN DISTRICT 4 AND HAVE WORKED IN THE HYATTFOR 16 YEARS SINCE IT OPENED. WE WERE HERE TWO WEEKS AGO AND I SPOKE THEN ABOUT MY EXPERIENCE WORKING IN THE HOSPITALITY INDUSTRY HERE.

LIKE I SAID BEFORE, I AM PROUD OF MY WORK WELCOMING VISITORS, ME AND MY CO-WORKERS WHO SERVE AND CLEAN FOR GUESTS, TO OUR CITY. WE ARE THE BACKBONE OF THE HOSPITALITY INDUSTRY AN LD I LO THE SPURS BUT I NEED THE SPURS TO SHOW THAT THEY LOVE US, TOO.

WHY DOES ASKING FOR AN IMPACT REPORT MEAN THAT ANYONE IS AGAINST THE STADIUM OR THE SPURS? COUNCIL NEEDS TO FIND THE BEST DEAL FOR US, THE PEOPLE OF SAN ANTONIO. I SUPPORT THE MAYOR ASKING FOR MORE DATA AND WE ARE CALLING

[03:10:06]

[APPLAUSE] >> WE HAVE A LITTLE MORE TIME. I JUST WANTED TO SAY, A COUPLE WEEKS BACK, WE HEARD SOMEBODY COMPARE LAS VEGAS WAGES TO SAN ANTONIO WAGES, AND I DON'T KNOW WHAT NUMBERS THEY WERE LOOKING AT OR WHAT JOBS THEY WERE LOOKING AT, BUT IF WE WANT TO TALK ABOUT LAS VEGAS WAGES AND HOSPITALITY WORKERS, WE COULD BRING THOSE WORKERS DOWN.

THOSE WORKERS ARE MEMBERS OF OUR UNION. THERE ARE 60,000 HOSPITALITY WORKERS THAT ARE MEMBERS OF OUR UNION IN LAS VEGAS AND THEY WOULD BE MORE THAN HAPPY TO COME DOWN HERE AND SHARE WITH YOU THE DIFFERENCE IN THEIR JOBS AND OUR JOBS HERE.

SO LIKE MARY SAID, WE ARE GOING TO BE CALLING. WE WOULD LOVE TO MEET WITH ALL OF YOU, IF THAT'S HELPFUL, WE WILL BRING THOSE MEMBERS DOWN FROM LAS VEGAS ALONG WITH OUR MEMBERS FROM HERE IN SAN ANTONIO. THANK YOU.

>> MAYOR JONES: THANK YOU. THANK YOU FOR YOUR TIME. STEVEN PRICE? THEN IT WILL BE SALLY MENDOZA. PLEASE LINE UP. STEVEN PRICE?

>> BEAR WITH ME. SORRY. COUNCILWOMAN, MAYOR, HONORED GUESTS, GREETINGS, LADIES AND GENTLEMEN. MY NAME IS STEVEN PRICE, I'M A FORMER U.S. ARMY NON-COMMISSIONED OFFICER AND FOREIGN SPECIAL OPERATIONS ANALYST. I LEARNED SUCCESS DEPENDS ON GOOD INFORMATION, RESPONSIBILITY, PEOPLE, COURAGE, HONESTY, INTEGRITY, LOYALTY AND LEADERSHIP.

I CALL IT THE CHILL FACTOR. WHILE IN UNIFORM, WE CALLED IT MILITARY INTELLIGENCE, HUMAN INTELLIGENCE COLLECTION, AND PUBLIC LEADERSHIP, WE CALL IT POLICY.

POLICY, NOT POLITICAL WARFARE, IS WHAT SAN ANTONIO NEEDS RIGHT NOW.

AS I SAT HERE, I HAVE WATCHED PROJECT MARVEL HAS STIRRED GOOD PUBLIC DEBATE OVER WHAT IS A LACK OF PUBLIC KNOWLEDGE AND ENGAGEMENT. SOME SEE AN ARENA THAT COULD ENERGIZE DOWNTOWN AND GROW JOBS. OTHERS, LIKE MAYOR JONES, ARE ASKING THE HARD QUESTIONS.

WILL IT BE TRANSPARENT? WILL IT PROTECT TAXPAYERS? WILL IT TRULY BENEFIT OUR CITIZENS? THAT'S NOT STANDING IN THE WAY. THAT'S STANDING FOR US.

LET'S BE HONEST. OUR PEOPLE ARE TIRED. TIRED OF DYSFUNCTION, TIRED OF POLITICIANS FIGHTING IN HEADLINES WHILE FAMILIES STRUGGLE WITH ANXIETY, EMOTIONAL STRESS AND UNCERTAINTY ABOUT THE FUTURE. ALL OF THIS HAS CONSEQUENCES.

NEXT MONTH, THE SUICIDE AWARENESS MONTH, EVERY DAY IN AMERICA, 18 TO 22 VETERANS TAKE THEIR LIVES. I HEARD NOT ONE MENTION OF A VETERAN HERE TODAY.

MAYOR ORTIZ IS PROVIDING THE PROGRESS THAT DOESN'T COME FROM RUSHING A DEAL.

IT COMES FROM PROTECTING THE PEOPLE AND BUILDING A FUTURE ROOTED IN ACCOUNTABILITY AND COMPASSION. WHEN LEADERS CHOOSE POLITICAL WARFARE OVER PROBLEM-SOLVING, THE MESSAGE IS CLEAR. POWER IS MORE IMPORTANT THAN PEOPLE.

PEOPLE ALREADY STRUGGLING WITH ISOLATION, FEEL EVEN MORE ABANDONED.

THE CALL TO LEADERSHIP, LEADERSHIP IS SERVICE BEFORE SELF, INTEGRITY ABOVE AMBITION

AND UNITY ABOVE DIVISION. THIS IS THE CHILL FACTOR. >> MAYOR JONES: YOU CAN PROVIDE

THE REST OF YOUR COMMENTS FOR THE RECORD. >> IS THAT IT, MA'AM?

>> MAYOR JONES: YES, SIR. THANK YOU. >> THANK YOU, MAYOR JONES, THANK YOU, MEMBERS OF THE COUNCIL. I WILL BE RIGHT UP FRONT AND SAY I HAVE A COUPLE OF QUESTIONS I WOULD LIKE TO ASK, BUT BEFORE I DO, I'M JUST GOING TO ADDRESS THIS TO THE PERSON WHO REPRESENTS ME IN THE CITY COUNCIL. I'M IN DISTRICT 1.

I AM URGING DR. KAUR TO STAND BEHIND THE MAYOR, BACK ITEM NUMBER 4 ON THE AGENDA, AND DEMAND A FULL, REASONABLE AND INDEPENDENT ACCOUNTING HERE. NOBODY ENTERS INTO A 30-YEAR MORTGAGE AND HAS THE PERSON WHO THEY'RE BUYING THE HOUSE FROM FURNISH THE HOUSE INSPECTION.

OKAY? MY QUESTIONS ARE THESE. THE FIRST ONE IS NOT ACTUALLY DIRECTLY ABOUT THE SPURS ARENA. IT'S ACTUALLY ABOUT ANOTHER ELEMENT OF PROJECT MARVEL THAT I'M NOT HEARING DISCUSSED VERY MUCH. I WOULD LIKE TO KNOW, CAN YOU

[03:15:06]

THIS PROJECT MARVEL ARENA PLAN, THIS IS NOTHING PARTICULARLY NEW.

IT'S BEEN DONE OVER SEVERAL DECADES AND SEVERAL DIFFERENT CITIES, AND AS YOU MIGHT EXPECT, THERE HAVE ALSO BEEN A NUMBER OF STUDIES AND THOSE STUDIES UNIFORMALLY CONCLUDE THAT THERE ARE NO ECONOMIC BENEFITS THAT ACCRUE TO THE WORKING PEOPLE OF THESE COMMUNITIES AFTER PUBLIC FUNDS HAVE BEEN USED TO SUBSIDIZE A PRIVATELY OWNED SPORTS FACILITY.

>> MAYOR JONES: THANK YOU. MARIA CABRAL? >> GOOD AFTERNOON.

MAYOR, COUNCILPEOPLE. MY NAME IS MARIA. I WAS BORN AND RAISED HERE IN SAN ANTONIO AND RAISED MY CHILDREN HERE AND I'M A RETIRED SCHOOL TEACHER.

I AM IN DISTRICT 7. AND I'M HERE TO SUPPORT THE MAYOR.

IN FACT, MAYOR, I DIDN'T VOTE FOR YOU BUT I WILL IN THE FUTURE.

[APPLAUSE] YOU ARE THE ONLY MAYOR AND I'M 80 YEARS OLD AND HAVE BEEN HERE ALL MY LIFE, THAT HAS STOOD UP FOR THE PEOPLE AND I REALLY SUPPORT YOU, AND I WILL FROM NOW ON, AND I ALSO WANT TO GIVE KUDOS TO MR. EDWARD MUNGIA. HE CALLED ME LAST NIGHT ABOUT 8:30 AT NIGHT, APOLOGIZED FOR CALLING ME SO LATE. I WAS SO HAPPY TO HEAR HIS VOICE, I SAID THANK YOU, THANK YOU FOR CALLING ME, BECAUSE I CALLED ALL OF MY COUNCILPEOPLE.

WELL, THEY'RE NOT ALL MINE, BUT ACTUALLY, THEY ARE, BECAUSE I LOVE ALL THE PEOPLE OF SAN ANT ANTONIO. SO ALL OF YOU ARE PART OF ME.

BUT MR. MUNGIA EXPLAINED A LOT OF STUFF TO ME. I AM A REGULAR PERSON, I'M A VERY CONCERNED PERSON AND I WAS VERY THRILLED THAT ONE OF THE COUNCILPEOPLE TOOK THE TIME TO TALK TO ME. I COME HERE BEFORE YOU AS A CONCERNED, VERY CONCERNED TAXPAYER, AND TO ASK YOU TO PAUSE THE NEGOTIATIONS. THE MAYOR IS CORRECT ON THIS ISSUE. WE ARE NOT ON ANY DEADLINE HERE. WHY ARE YOU ANXIOUS TO SIGN A --

IS THAT IT? >> MAYOR JONES: YES, MA'AM, UNLESS THERE'S SOMEBODY THAT

WOULD LIKE TO GIVE YOU TIME. >> NO. PLEASE PAUSE THE NEGOTIATION.

THAT'S ALL I CAN SAY. >> MAYOR JONES: YOU CAN SUBMIT YOUR COMMENTS FOR THE RECORD,

MA'AM. >> THAT'S FINE. THANK YOU.

>> MAYOR JONES: SALLY MENDOZA. >> HI. I'M A VOTER IN DISTRICT 1.

>> MAYOR JONES: SORRY, MARY CABRAL. DID SHE ALREADY SPEAK? OH, SORRY, MA'AM. THANK YOU. PLEASE GO AHEAD.

>> FOR THE RECORD, DUE DILIGENCE IS NOT DELAY. IT IS A FOUNDATION FOR PROGRESS AND SUCCESS. I SUPPORT DELAYING THE TERMS SHEET CONSIDERATION AND I WOULD LIKE TO ADD A FEW REQUIREMENTS TO IT. THAT THE INDEPENDENT STUDY INCLUDE ECONOMIC, ENVIRONMENTAL AND QUALITY OF LIFE STUDIES AS WELL.

AND THAT THERE IS AN INDEPENDENT STUDY OF THE SAME CALIBER TO LOOK AT THE ACTUAL IMPACT FOR THE FORMER AT & T CENTER. WE WERE PROMISED A GREAT DEAL WITH THAT AND THE NEIGHBORHOODS WERE PROMISED A GREAT DEAL WITH THAT. SO WE NEED TO LOOK AT THOSE PROMISES AND THE ACTUAL IMPACT. I ALSO DO AGREE THAT THE CITY COUNCIL SHOULD HAVE TWO

[03:20:02]

WE NEED TO, WHILE WE ARE WAITING FOR THIS NEW PROPOSAL OR THE NEW STUDY, WE NEED TO DRAFT A NEW CITY SYSTEM PROCESS THAT IS TRANSPARENT AND HONEST AND IS FOR THE BENEFIT OF THE ENTIRE CITY, NOT THE SELECT FEW, NOT THE 1%. ULTIMATELY, THAT'S WHY WE'RE HERE TODAY, BECAUSE THERE'S A SYSTEMIC FAILURE IN HOW WE DO BUSINESS IN SAN ANTONIO.

THANK YOU. [APPLAUSE] >> MAYOR JONES: JOE EARL LINSON?

>> I'M REPRESENTING TONY G'S SOUL FOOD AND HOSPITALITY COLLECTIVE.

I'M A PROUD RESIDENT OF DISTRICT 7. APPRECIATE ALL THE WORK YOU'RE DOING. LOOK, THIS IS A GOOD DEAL. IT'S ABOUT JOBS, JOBS, JOBS.

THINK OF THE CONCRETE THAT'S GOING TO BE POURED IN THIS WHOLE PROCESS, NOT JUST THE INFRASTRUCTURE AND ALL THAT. THIS IS IMPORTANT. THESE ARE HIGHW WAGE JOBS.

YOU WANT TO SOLVE THIS POVERTY PROBLEM, THESE ARE THE KIND OF PROJECTS WE HAVE GOT TO STEP UP TO. LAST TIME I WAS UP HERE, I TALKED ABOUT THE IMPACT THE ALAMODOME HAD. THINK OF THE FINAL FOUR. THAT IMPACT.

THINK OF THE VALEROALAMOBOWL. 65,000 FOLKS ARE IN THAT BUILDING.

THAT'S HUGE ECONOMICS. ALSO WANT TO POINT OUT TO YOU ALL THAT, HOW TO SAY THIS, OJT OPPORTUNITIES, PAID APPRENTICESHIPS AND GETTING MORE YOUNG PEOPLE INVOLVED IN THE BUILDING TRADES, THIS IS HOW YOU RAISE THE POVERTY RATE, I MEAN, LOWER IT RATHER, IN THIS TOWN.

LET'S DON'T MISS THAT. I'M AFRAID THAT WE MAY BE IN A SITUATION WHERE THERE'S A PARALYSIS OF ANALYSIS. THE INFORMATION IS OUT THERE. THIS IS A PROJECT THAT CAN TRANSFORM SAN ANTONIO JUST AS THE DOME DID. IT'S A BIG DEAL.

LET'S DON'T PASS ON THAT. SO I'M EXPECTING, HOPING, RATHER, THAT AT LEAST SIX OF YOU SAY YES TODAY ON THE TERMS SHEET. LET'S CONTINUE TO MOVE FORWARD.

M I KNOW IN SAN ANTONIO WE MAKE IT DIFFICULT SOMETIMES TO DO THINGS BUT THAT'S THE NATURE OF IT. I HAVE NO PROBLEM WITH THE OPPOSITION.

THEY HAVE A RIGHT TO SPEAK. THIS IS AMERICA. BUT THIS IS A GOOD PROJECT FOR THIS CITY. IT'S GOING TO PUT US ON THE MAP IN A DIFFERENT WAY.

LASTLY, I DON'T KNOW IF ANY PROFESSIONAL ORGANIZATION HAS COMMITTED WHAT THE SAN ANTONIO SPURS HAVE DONE JUST ON THIS. I'M NOT TALKING HISTORICALLY, BUT JUST ON THIS.

THINK OF COST OVERRUNS. THEY ARE GOING TO PICK THAT UP. ON CONSTRUCTION JOBS, THERE ARE OVERRUNS. THANK YOU. APPRECIATE YOUR HELP.

>> MAYOR JONES: CLINT BELOW? CLINT BELOW? CHARLES FUENTES?

>> GOOD AFTERNOON, FOLKS. I'M CHARLES ALEXANDER FUENTES.

CENTRAL LABOR COUNCIL. I'M SPEAKING NOT JUST ON BEHALF OF THE UNION MEMBERS WHICH WE REPRESENT, BUT ON BEHALF OF THE WORKING PEOPLE OF SAN ANTONIO. I STAND HERE TO ADVOCATE FOR THE HEART OF ANY GRAND PROJECT THAT THIS CITY OVERSEES. IT'S THE WORKERS WHO BUILD IT.

WE ALL KNOW THAT A PROJECT LIKE THIS IS NOT JUST ABOUT THE CONCRETE AND STEEL.

IT'S ABOUT THE FOLKS WHOSE HANDS WILL SHAPE IT. IT'S ESSENTIAL THAT THOSE WORKERS HAVE SOLID, CONCRETE PROTECTIONS. THAT'S WHY OUR COMMITMENTS CANNOT LIVE IN PRESS RELEASES OR SPEECHES. THEY MUST LIVE IN CONTRACT LANGUAGE. WE NEED CLEAR, ENFORCEABLE LANGUAGE WITH REAL TEETH THAT GUARANTEES LIVEABLE WAGES, STRONG BENEFITS AND SAFE JOB SITES FOR EVERY PERSON WHO SETS FOOT ON THE PROJECT, FROM THE FIRST DAY OF SITE PREP AND VERTICAL CONSTRUCTION THROUGH COMMISSIONING DAILY OPERATIONS AND ONGOING MAINTENANCE. NO AMBIGUITY.

NO LOOPHOLES. NO EMPTY PROMISES. THIS MEANS WRITING INTO THE AGREEMENT THE STANDARDS OUR COMMUNITY EXPECTS. WAGES THAT ACTUALLY COVER THE COST OF LIVING, COMPREHENSIVE HEALTH CARE AND RETIREMENT SECURITY, AS WELL AS, I'M GLAD IT WAS BROUGHT UP BEFORE ME, VERIFIED TRAINING AND APPRENTICESHIP PATHWAYS.

[03:25:03]

>> MAYOR JONES: LUPITA GONZALEZ? OKAY. MARY APUNTA?

>> THANK YOU, MAYOR. I WASN'T SURE I WAS SPEAKING A SECOND TIME.

>> MAYOR JONES: DO YOU DUPLICATE ON THAT? >> I ALREADY DID.

>> MAYOR JONES: THANK YOU. MARY? MARY APUNTA? SHE IS BEFORE YOU, MR. HOLT. ONE SECOND. IS SHE HERE? NO? OKAY. PETER HOLT, SEAN ELLIOTT, DANNY

FORTENBERRY? >> MAYOR, I HAVE GOT SPEAKERS, SEAN ELLIOTT, PETER HOLDT, DANN

FORTENBERRY, TYLER CALDWELL, JOE DONNELLY. >> MAYOR JONES: YOU HAVE SIX

MINUTES. >> GREAT. MAYOR AND MEMBERS OF CITY COUNCIL, THANK YOU FOR THE OPPORTUNITY TO BE HERE. MY NAME IS PETER HOLT, I'M WITH THE SAN ANTONIO SPURS. I GUESS MOST PEOPLE KNOW THAT. FIRST OF ALL, I JUST WANT TO SAY THAT ALTHOUGH WE MAY DISAGREE, I'M VERY PROUD OF AND RESPECT ALL THE PEOPLE THAT HAVE COME UP TODAY. I THINK THAT OUR CITY REALLY DESERVES CIVIC ENGAGEMENT AND CARING, PROUD, PASSIONATE MEMBERS OF OUR COMMUNITY. SO THAT MAKES ME, MY HEART FULL TO HEAR THAT, EVEN IF WE DISAGREE. I'M GOING TO PASS IT TO SEAN

REAL QUICK, THEN COME BACK UP. >> THANK YOU. CLEANING LADY WAS CLEANING THE BATHROOM SO TOOK ME A LITTLE TIME. GOOD AFTERNOON, MAYOR, CITY COUNCIL MEMBERS. I'M SEAN ELLIOTT, OBVIOUSLY. I HAVE BEEN A PROUD MEMBER OF THE SAN ANTONIO COMMUNITY -- [APPLAUSE] -- AND A SPURS EMPLOYEE FOR OVER 35 YEARS. I WAS DRAFTED HERE IN 1989 BY THE SAN ANTONIO SPURS AND I WAS A YOUNG MAN WHO KNEW NOTHING ABOUT THE CITY. AND I QUICKLY LEARNED WHEN I GOT HERE HOW MUCH THE PEOPLE OF SAN ANTONIO MEANT TO THE SAN ANTONIO SPURS AND HOW MUCH THE SPURS MEANT TO THE PEOPLE. I WAS CONSTANTLY SENT OUT BY THE SPURS TO COUNTLESS SCHOOLS ACROSS THIS CITY TO ENCOURAGE KIDS TO EXCEL IN THE CLASSROOM, TO RESPECT YOUR TEACHERS, TO STAY AWAY FROM DRUGS AND GANGS AND TO STAY IN SCHOOL. THE SPURS HAVE ALWAYS BEEN AN INSTRUMENT FOR BIGGER THINGS, TO BUILD UP SAN ANTONIO. THAT SPIRIT CONTINUES TODAY.

WHETHER IT'S VISITING WOUNDED WARRIORS, FIXING PLAYGROUNDS, SPEAKING TO STUDENTS IN SCHOOL, LEADING CHARITABLE FUNCTIONS AND EVENTS FOR THE LESS FORTUNATE, ESPECIALLY DURING THE HOLIDAY SEASON. SPURS PLAYERS PAST AND PRESENT HAVE NEVER BEEN MORE ACTIVE IN THE COMMUNITY THAN THEY ARE TODAY. I HAVE FRIENDS AND COLLEAGUES ACROSS THE NBA, THE NFL AND MAJOR LEAGUE BASEBALL AND I CAN SAY WITHOUT HESITATION THAT NO OTHER PROFESSIONAL SPORTS FRANCHISE ENGAGES THE COMMUNITY LIKE THE SAN ANTONIO SPURS DO.

THE IMPACT IS IMMEASURABLE AND THERE'S A REASON THAT SO MANY OF US STAY HERE.

DAVID ROBINSON, TIM DUNCAN, MANU GINOBILI, THEY'RE ALL LEGENDS. THEY COULD LIVE ANYWHERE THEY WANT BUT THEY LAID DOWN ROOTS RIGHT HERE IN SAN ANTONIO. I DID, TOO.

BECAUSE THERE'S A SPECIAL BOND HERE BETWEEN THE TEAM, THE CITY AND ITS PEOPLE.

IT'S SPECIAL. BUT IT'S NOT JUST ABOUT BASKETBALL.

[03:30:01]

THAT'S WHY PROJECT MARVEL MATTERS. IT'S MORE THAN JUST AN ARENA.

IT'S AN INVESTMENT IN OUR CITY'S FUTURE. IT WILL HELP SAN ANTONIO STEP OUT OF THE SHADOWS OF OTHER TEXAS CITIES AND ASSUME ITS RIGHTFUL PLACE AS THE NUMBER ONE CITY IN TEXAS. [APPLAUSE] IT'S OBVIOUS THAT I LOVE THIS CITY. I'M SORRY FOR TAKING SO MUCH OF YOUR TIME, BOSS.

BUT I BUILT MY LIFE HERE. I WANT TO SEE IT CONTINUE TO GROW AND THRIVE FOR MANY GENERATIONS TO COME. PROJECT MARVEL CAN MAKE THAT HAPPEN.

SO THANK YOU FOR ALL OF YOUR TIME. AND THANK YOU FOR BELIEVING IN

SAN ANTONIO. [APPLAUSE] >> LET ME BE CLEAR ABOUT WHAT THE SPURS ARE PUTTING ON THE TABLE. $500 MILLION DIRECT CONTRIBUTION TOWARD THE ARENA COSTS. SPURS COVER 100% OF COST OVERRUNS.

CITY'S COMMITMENT IS CAPPED. $1.4 BILLION TO GROW DOWNTOWN AND THE DISTRICT.

$75 MILLION IN COMMUNITY BENEFITS. THAT'S OVER $2 BILLION COMMITTED FROM THE SPURS, ONE OF THE LARGEST PRIVATE INVESTMENTS IN THE HISTORY OF SAN ANTONIO.

THE SPURS WILL INVEST ALONGSIDE THE CITY AND COUNTY, A TRUE PARTNERSHIP.

THE PUBLIC WILL OWN THE ARENA. THERE WILL BE NO IMPACT ON LOCAL RESIDENTS' TAXES AND NO MONEY DIVERTED IN THE CITY'S GENERAL FUND. SO THIS WORLD CLASS ARENA WILL BE OWNED BY THE PUBLIC, PAID BY TOURISTS AND OPERATED BY THE SPURS, A SUCCESSFUL FORMULA THAT HAS PROVIDED FIVE CHAMPIONSHIPS TO THIS CITY AND WILL BRING MANY MORE.

FOR CLARITY, THE STATE RULES LIMIT THESE FUNDS TO VENUE PROJECTS LIKE THIS BUT THIS PROJECT ISN'T JUST ABOUT DOLLARS. IT'S ABOUT WHAT THOSE DOLLARS MEAN FOR SAN ANTONIO. THIS WILL MAKE SURE THE HEART OF SAN ANTONIO IS THRIVING.

THANK YOU FOR YOUR TIME. WE URGE YOUR SUPPORT FOR ITEM NUMBER 5.

[APPLAUSE] >> MAYOR JONES: ERIC LIDEKER? CHRISTIAN BIDENHORN?

>> WHAT UP. GREAT TO SEE EVERYBODY HERE TODAY.

I WAS HERE LAST NIGHT, BUT MY COUNCIL MEMBER WASN'T HERE SO I HAD TO RETURN TODAY.

THANK YOU, MARK, FOR BEING HERE WITH US. NOW, PROJECT MARVEL IS PRETTY CONTROVERSIAL. Y'ALL HAVE GOTTEN PRETTY RILED UP OVER IT.

IT'S PRETTY FUNNY TO SEE MAYOR GO FULL KANYE WEST YESTERDAY. IT WAS REALLY INTERESTING.

I AM IN FAVOR OF HER PAUSE, A STRATEGIC PAUSE, NOT A STOP, BUT A PAUSE SO WE CAN MAKE SURE THAT THIS DEAL IS GOOD FOR EVERYBODY IN SAN ANTONIO. NOT JUST DISTRICT 1 OR 2.

THAT'S WHY I HAVE BECOME CONFUSED WHY YOU, MARC, HAVE BECOME THE POSTER BOY FOR THIS PROJECT. WHAT IS DISTRICT 10 GETTING OUT OF THIS? WHAT JOBS ARE COMING TO DISTRICT 10 FROM THIS? WHAT ARE YOU GETTING OUT OF THIS DEAL? I LOOKED OVER THE PROPOSED TERMS SHEETS AND I WAS REALLY SHOCKED TO FIND THAT SPIDERMAN, CAPTAIN AMERICA, NONE OF THE AVENGERS ARE PART OF PROJECT MARVEL.

HOW DID YOU COME UP WITH THIS NAME? I DON'T UNDERSTAND IT.

WE COULD REALLY USE TONY STARK MONEY TO FUND THIS PROJECT INSTEAD OF TAKING IT JUST FROM THREE ENTITIES, BECAUSE IT'S GOING TO BE MORE THAN THREE ENTITIES THAT BENEFIT FROM THIS.

IT WILL BE MORE THAN JUST THE CITY OF SAN ANTONIO, BEXAR COUNTY AND THE SPURS.

SO MAYBE WE COULD ENTICE A BIG COMPANY LIKE DISNEY OR THE LIKE THIS PROJECT. THERE'S GOING TO BE OTHER PLAYERS THAT BENEFIT FROM THIS.

WE NEED TO FIND THEM AND THEY SHOULD PAY THEIR FAIR SHARE. THANK YOU.

[03:35:07]

>> MAYOR JONES: CHRISTIAN BIDENHORN. >> THANK YOU, MAYOR, COUNCIL MEMBERS. I WAS BORN AND RAISED HERE IN SAN ANTONIO AND I CURRENTLY LIVE IN DISTRICT 5. I'M A RANCHER WHO WORKS IN THE SUSTAINABILITY SPACE WITH OUR COMPANY OFFICES HERE IN DOWNTOWN. I SPLIT MY TIME BETWEEN THE CITY AND THE RANCH. I HAVE COME TO BELIEVE THAT RURALISM AND URBANISM AREN'T OPPOSITES BUT ACTUALLY DEPEND ON EACH OTHER. URBAN DENSITY IS KEY TO BUILDING STRONG CITIES WHERE PEOPLE WANT TO LIVE. WHEN WE INVEST IN VIBRANT WALKABLE CITY CENTERS, WE NOT ONLY IMPROVE THE QUALITY OF LIFE IN SAN ANTONIO, BUT ALSO CREATE REAL ECONOMIC AND SUSTAINABILITY BENEFITS. MOST IMPORTANTLY, URBAN DENSITY HELPS STOP THE SPRAWL AND PROTECTS THE RURAL LANDS AND WATERSHEDS THAT FUTURE GENERATIONS DEPEND ON. THAT'S WHY I'M EXCITED ABOUT PROJECT MARVEL.

IT COMPLETES THE VISION SAN ANTONIO LAID OUT WITH HEMISFAIR IN 1968.

IT CAN FINALLY BE THE CATALYST FOR A DOWNTOWN THAT SAN ANTONIANS WILL BE PROUD OF.

FOR DECADES WE HAVE HEARD ABOUT THE EFFORTS TO REVITALIZE DOWNTOWN BUT THEY HAVE NEVER WORKED AS HOPED. PROJECT MARVEL IS THE BEST CHANCE WE'VE HAD TO FINALLY MAKE IT HAPPEN. IT'S NOT LOST ON ME THAT MANY OF THE PEOPLE CALLING FOR PAUSING AND MORE ANALYSES ARE ALSO WEARING NO PROJECT MARVEL STICKERS.

IT'S IMPORTANT THE PUBLIC UNDERSTANDS THE PROPOSAL ISN'T FUNDED FROM THE CITY'S GENERAL FUND OR ESSENTIAL SERVICES. THE COUNTY'S SHARE COMES FROM THE VOTER-APPROVED HOTEL AND RENTAL CAR TAXES, THE CITY'S SHARE IS BOND FINANCED AND REPAID THROUGH SPURS LEASE PAYMENTS, GROUND RENTS AND REVENUE FROM DOWNTOWN TAX ZONES, NOT LOCAL TAXPAYERS.

THIS IS ALSO A GREAT DEAL FOR SAN ANTONIO. OKLAHOMA CITY, A COMPARABLE MARKET, JUST BUILT AN ARENA WITH ONLY $50 MILLION IN OWNER CONTRIBUTION.

WHEN PEOPLE SAY MAKE AUSTIN BILLIONAIRES LIKE MICHAEL DELL PAY FOR IT, I WOULD ASK, WHERE DO YOU THINK THEY WOULD BUILD IT IF THEY DID? BALTIMORE ONCE THOUGHT AND THE COLTS NEVER STATED THEY WOULD EVER LEAVE UNTIL THEY BECAME THE INDIANAPOLIS COLTS IN THE MIDDLE OF THE NIGHT. THIS FRAMEWORK HAS BEEN NEARLY THREE YEARS IN THE MAKING AND FURTHER DELAY ONLY INCREASES BOTH REAL AND OPPORTUNITY COSTS AND THE TIMELINE.

AS ONE COUNCILMAN ASKED, DO WE REALLY NEED ANOTHER ECONOMIC ANALYSIS TO KNOW THE SPURS MEAN TO SAN ANTONIO? PEOPLE ARE SAYING THIS IS ALREADY A DONE DEAL AND SOME OF THIS FEELS LIKE THEATER, BECAUSE THIS IS SUCH AN OBVIOUS WIN FOR OUR CITY.

TODAY'S UNCERTAINTIES -- >> MAYOR JONES: THANK YOU. >> -- WE NEED EVERYONE TO ENSURE

THAT WHAT'S SUPPOSED TO HAPPEN, DOES. >> MAYOR JONES: YOU CAN SUBMIT THE REST OF YOUR COMMENTS FOR THE RECORD. MATTHEW?

MATTHEW PIKE SOLOMAN? >> GOOD AFTERNOON. I LIVE ON THE WEST SIDE IN DISTRICT 5. I'M HERE TO SPEAK ON ITEM NUMBER 4, THE PROPOSED TERM SHEET AS IT PERTAINS TO ACCESSIBILITY INFRASTRUCTURE AND COMMUNITY BENEFIT.

TODAY I'M WEARING THE SPURS PRIDE JERSEY FROM THIS YEAR'S PRIDE NIGHT GAME THAT OUR ORGANIZATION WAS INVITED TO BY THE SPURS. A GAME THAT WE GOT READY FOR AND TRAVELED TO ONLY TO BE TURNED AWAY AFTER WE GOT THERE BECAUSE THE FROST CENTER RAN OUT OF ADA SEATING TO ACCOMMODATE MY HUSBAND, WHO IS QUADRIPLEGIC. I WAS INITIALLY OPPOSED TO THIS PROJECT BECAUSE OF THE EXISTING ALAMODOME AND FROST BANK CENTER. HOWEVER, IF THOSE VENUES WERE TRULY ACCEPTABLE, MY FAMILY WOULD BE ABLE TO ATTEND ANY GAME OR CONCERT THAT WE WANT.

THIS PROJECT IS BEING SOLD AS A SYMBOL OF A WORLD CLASS CITY, A TRULY WORLD CLASS CITY DOESN'T JUST BUILD GLEAMING NEW ARENAS. IT BUILDS A COMMUNITY WHERE EVERYONE IS WELCOME.

IT ENSURES THAT A FAMILY ISN'T ASKED TO COMPROMISE THEIR SAFETY OR THEIR DIGNITY TO BE PART OF THE EXPERIENCE. A TRULY WORLD CLASS VENUE WOULD GUARANTEE THAT ANY ABLE-BODIED PERSON, ANY PERSON WITH A DISABILITY, ANY PERSON OR CHILD IN A WHEELCHAIR, ANY PERSON WITH A WALKING DEVICE, WITH LOW VISION, VISUALLY IMPAIRED, THE DEAF, OR A FAMILY WITH A STROLLER, HAVE THE OPPORTUNITY TO ATTEND ANY EVENT, SPURS GAME OR CONCERT THAT THEY WANT.

THIS IS AN OPPORTUNITY TO SHOW THAT WHEN SAN ANTONIO BUILDS FOR OUR COMMUNITY, WE BUILD FOR ALL OF OUR COMMUNITY, NOT JUST A SELECT FEW. I OPPOSE THE WAY THIS TERM CAME TOGETHER BUT IF YOU MOVE FORWARD, I PLEASE ASK THAT YOU MAKE ACCESSIBILITY A PRIORITY FOR PROJECT MARVEL NOW. IN THE TERM AGREEMENT WITH THE SPURS, 57 MONTHS WERE GIVEN WITH RESPECT TO THE DESIGN OF THE ARENA. I IMPLORE ALL PARTICIPATING PARTIES TO MAKE SURE ALL STAKEHOLDERS INCLUDING THE SD DISABLED COMMUNITY ARE PART OF THAT PROCESS. AKSZABLE AND AFFORDABLE PARKING

AND MANDATORY EVACUATION PLANS. THANK YOU. >> MAYOR JONES: RAY MORALES.

PLEASE LINE UP. >> I'M RAY MORALES, RESIDENT OF DISTRICT 10.

HOW APPROPRIATE THAT MY REPRESENTATIVE'S NOT HERE TO LISTEN.

LET'S BE VERY CLEAR. WE WANT THE SPURS TO STAY IN SAN ANTONIO.

[03:40:02]

THAT SHOULD BE AND HOPEFULLY IS OUR SHARED VALUE WHEN WE ASK FOR INDEPENDENT DUE DILIGENCE REPORT BEFORE WE COMMIT TO THE SO-CALLED NON-BINDING TERM SHEET.

I FULLY SUPPORT ITEM NUMBER 4. SAN ANTONIO RESIDENTS DESERVE RELATIONSHIP ARE A COMBINATION OF TRUST, TRANSPARENT COMMUNICATION, RESPECT AND SHARED VALUES. FEARFUL COMMENTS ABOUT THE SPURS LEAVING HAS NO PLACE IN THIS RELATIONSHIP. SO IS THE POINT THAT WE DO NOT HAVE TIME TO LOOK AT THIS ANY FURTHER. LET US ALSO BE CLEAR ON THAT. I'M A RETIRED ARCHITECT AND I KNOW A LITTLE BIT ABOUT DEVELOPMENT PROJECTS. BUDGETS, SCHEDULES, COST OVERRUNS. HOW MANY TIMES ARE WE GOING TO THROW MONEY DOWN THE DRAIN, FOR EXAMPLE, ALL THE CONVENTION CENTERS AND ARENAS WE HAVE BUILT WITHOUT ASKING THE RIGHT QUESTIONS? WHEN I HEAR -- WELL, WHEN I HEAR TWO PAST MAYORS IN SUPPORT OF THIS DEVELOPMENT PROJECT, I LOOK AT THE RECORD OF ACHIEVEMENT IN DEVELOPMENT.

NOT VERY GOOD IN GENERAL. WHEN YOU CONSIDER $80 MILLION FOR A FIESTA PLAZA MALL, A PINK ELEPHANT THAT HAD TO BE TORN DOWN, $60 MILLION IN UPGRADES TO THE ALAMODOME IN 2018 OR THE $29 MILLION RECENTLY SPENT ON UPGRADES AGAIN ON THE ALAMODOME. ALL THIS WHILE WE REMAIN THE THIRD POOREST CITY IN THE NATION. IF THE BUSINESS COMMUNITY IS SO

KEEN ON THIS PROJECT -- OKAY. >> MAYOR JONES: SIR, GO AHEAD. YOU CAN FINISH.

>> THANK YOU. WHY DON'T THEY PUT UP $250 MILLION OR THE FULL $500 MILLION

THEY ARE ASKING THE CITY FOR? >> MAYOR JONES: THANK YOU, SIR. YOU CAN SUBMIT THE REST FOR THE

RECORD. SUSANA, GABRIEL LYNCH? >> I WOULD LIKE TO GIVE MY TIME.

>> MAYOR JONES: YOUR NAME, SIR? OH, FROM EARLIER. OKAY.

>> HELLO. MY NAME IS SUSANA SEGURA. I REPRESENT 30 FOLKS IN DISTRICT 4, EASILY, FRIENDS AND FAMILY. I WORK IN D5 AND D1. I HAVE NOTICED THAT THE COUNCILPEOPLE WHO HAVE PUBLICLY STATED THEY ARE GOING TO VOTE FOR THE TERM SHEET HAVE LARGELY MISSED THIS MEETING. AND WHETHER THEY CAN HEAR ME IN THE BACK OR NOT DOESN'T REALLY MATTER. IT'S THE OPTICS THAT THEY'RE JUST NOT PRESENT AND THEY CONTINUE TO LEAVE THE ROOM. THAT'S DISHEARTENING ALL THE TIME.

I WANT TO THANK SEAN ELLIOTT FOR BEING HERE. THANK YOU, JESUS, FOR YOUR BROTHER'S KIDNEY. YOU DO A LOT OF ADVOCACY FOR FOLKS IN THE COMMUNITY THAT ARE STRUGGLING AND THAT NEED TRANSPLANTS AND MY AUNT IS ONE OF THEM SO IT'S VERY NEAR AND DEAR TO MY HEART. YOU KNOW, I WAS A KID AND I PLAYED BASKETBALL ALL THROUGH ELEMENTARY AND MIDDLE SCHOOL, AND I WAS A 5-YEAR-OLD SINKING THREE-POINTERS.

I GOT TO A POINT WHERE I JUST STAYED SHORT AND EVERYBODY GOT THE BETTER POSITIONS THAN I DID, AND WHEN HIGH SCHOOL CAME AROUND, I WASN'T ON THE TEAM ANYMORE BUT I DID RUN TRACK.

BUT I JUST WANTED TO ALSO SHOW YOU THIS BANDANA FROM WHEN SEAN ELLIOTT WAS IN THE PLAYOFFS IN 1990. THIS IS A VINTAGE BANDANA I HAVE BEEN TAKING CARE OF FOR OVER 37 YEARS. THIS IS MINE. SO IT'S NOT ABOUT HOW MUCH WE LOVE THE SPURS. I THINK I REMEMBER BEING AT THE UTAH JAZZ GAME WHEN THEY RETIRED YOUR JERSEY. I REMEMBER ALL OF THOSE MOMENTS, WHEN WE WERE PARKED ON 87 AND Y'ALL HAD WON THE WORLD CHAMPIONSHIP. IT WAS A PARKING LOT AND PEOPLE WERE OUTSIDE OF THEIR CARS ON THE FREEWAY. IT WAS WILD.

THIS IS REALLY ABOUT FISCAL RESPONSIBILITY. IT IS ABOUT DOING YOUR DUE DILIGENCE. THANK YOU, MAYOR, FOR REPRESENTING PEOPLE IN THE COMMUNITY. THANK YOU FOR STANDING UP FOR WHAT'S RIGHT.

WE DO NEED AN INDEPENDENT ECONOMIC ANALYSIS. MISTY SPEARS, I SAW YOU ON TV

[03:45:04]

I HOPE THAT YOU VOTE IN FAVOR OF THE COMMUNITY, YOU ASK FOR A PAUSE, YOU ASK FOR MORE INFORMATION, AND YOU ENCOURAGE MORE COMMUNITY ENGAGEMENT IN YOUR DISTRICT.

WHEN THAT STUDY IS DONE. AND IF YOU DON'T DO THAT, I HOPE THAT YOUR COMMUNITY RECALLS YOU, BECAUSE I KNOW THAT RIGHT NOW, PEOPLE ARE REGRETTING THAT FOUR-YEAR VOTE EXTENSION.

YOU ARE GOING TO MAKE A BIG DECISION AT THE BEGINNING OF YOUR FOUR-YEAR TERM.

THAT'S GOING TO COST US FOR GENERATIONS TO COME. YOU KNOW, I AGREE THAT THE CITY OF SAN ANTONIO NEEDS TO MAINTAIN THEIR BUILDINGS. WE HAVE SEVERAL BUILDINGS THAT WE HAVE TO MAINTAIN. I AGREE THAT THE CITY NEEDS TO PUT SOME MONEY INTO THE ALAMODOME AND KEEP IT VIABLE. I DO WANT TO SEE THE SPURS BACK IN CENTER CITY.

THAT WOULD BE WONDERFUL. BUT I ALSO WANT TO SEE THE PEOPLE WHO ARE UNDECIDED IN AUDIO]. NOT TO LINE THE POCKETS OF PEOPLE, NOT FOR CORPORATE WELFARE, NOT FOR THE BIG BILLIONAIRES. MAYOR, YOU ASKED FOR A PORTION OF CONCESSIONS AND TICKET SALES, THAT'S CORRECT. THEY ARE GOING TO SAY NO BECAUSE THEY DON'T WANT US TO KNOW HOW MUCH MONEY THEY REALLY MAKE. [APPLAUSE]

>> MAYOR JONES: GABRIEL LYNCH, CINDY MUNCH, KEN SHAVER. >> GOOD AFTERNOON, MAYOR, CITY COUNCIL. I'M GABRIEL LYNCH. I WAS BORN AND RAISED RIGHT HERE IN SAN ANTONIO, CURRENTLY LIVE IN DISTRICT 8. I'M JUST A CITIZEN, NOT HERE ON BEHALF OF ANYBODY ELSE. I WOULD LIKE TO VOICE MY SUPPORT FOR ITEM 5.

THAT'S BECAUSE IN 75 DAYS, REGARDLESS OF WHAT WE VOTE HERE, THERE WILL BE A VOTE TO MOVE FORWARD WITH -- ON THE INCREASE ON THE HOT TAX IN ORDER TO PROVIDE FUNDING FOR THAT SPURS STADIUM. MAYOR, BY YOUR OWN PRESENTATION EARLIER TODAY, THAT ECONOMIC IMPACT -- THAT INDEPENDENT ECONOMIC IMPACT STATEMENT THAT YOU WANT WON'T BE PREPARED BY THEN. THAT MEANS WE WON'T HAVE A FINALIZED TERM SHEET BY THEN.

THAT MEANS ALL THE VOTERS OF THE COUNTY WHO ARE ALL, OF COURSE, YOUR CITIZENS AS WELL, WILL GO INTO THAT ELECTION WITHOUT THE INFORMATION THAT THEY NEED. NOW, IF THAT ELECTION FAILS AS A RESULT, THAT COULD RESULT IN THE SPURS RELOCATING. I KNOW YOU MAY THINK I'M FEARMONGERING BUT I'M JUST RELYING ON HISTORY. IN THE MID 2000S OR EARLY 2000S, EXCUSE ME, THE STATE OF WASHINGTON AND CITY OF SEATTLE FACED A SITUATION SIMILAR TO WHAT WE FACE TODAY AS THE SUPER SONICS LOOKED TO SECURE FUNDS FOR RENOVATION TO THEIR STADIUM.

WHEN THOSE FUNDS DIDN'T COME THROUGH, THE OWNER OF THAT TEAM WHO IS FROM SEATTLE AND WANTED TO KEEP THEM THERE, WAS FORCED TO SELL. IN THAT SALE, HE INCLUDED A PROVISION THAT REQUIRED A QUOTE UNQUOTE, GOOD FAITH ATTEMPT FOR THE NEW OWNERS TO ATTEMPT TO REMAIN IN THAT SEATTLE AREA AND KEEP A STADIUM THERE. THAT ATTEMPT DIDN'T REALLY GO THROUGH. THE OWNERS IMMEDIATELY TURNED AROUND AND LOOKED AT OKLAHOMA CITY, WHERE THEY WERE FROM. THEY SAID WE ARE GOING TO GO TO THIS STADIUM THAT ALREADY EXISTS IN OKLAHOMA CITY, THEY GOT MORE FUNDING FROM OKLAHOMA CITY AND MOVED THERE.

SEATTLE STILL NOW 20 YEARS LATER DOESN'T HAVE A TEAM. SO YES, MAYOR, THERE'S BEEN NO PUBLIC COMMENT FROM THE SPURS THAT THEY ARE LOOKING TO RELOCATE BUT EVEN IF ALL 11 PEOPLE SITTING UP HERE, EVEN IF PETER HOLT, EVEN IF EVERYONE IN THE CITY DOESN'T WANT THE SPURS TO RELOCATE, IF THAT VOTE FAILS IN NOVEMBER, IT'S OUT OF OUR HANDS.

BILLIONAIRES CAN SWOOP IN, WHO ARE NOT CURRENTLY ASSOCIATED WITH THE SPURS, CAN MOVE THAT TEAM TO GREENER PASTURES, BETTER ECONOMIC PASTURES AND IT WON'T BE OUR DECISION ANYMORE.

[APPLAUSE] >> MAYOR JONES: CINDY MUNCH, KEN SHAVER?

>> DOES THIS MOVE? CINDY MUNCH, DISTRICT 9. I'M SPEAKING IN FAVOR OF RESOLUTION 4, DELAYING ALL NEGOTIATIONS UNTIL THE COUNCIL RECEIVES AN UNBIASED IMPACT STUDY. THIS IS IMPORTANT TO ME BECAUSE I FEEL WE ARE GETTING A SALES PITCH, NOT INFORMATION. FOR EXAMPLE, WE HAVE BEEN PITCHED AND PITCHED ABOUT SAN ANTONIO CAN DO PROJECT MARVEL BECAUSE WE ARE THE SEVENTH LARGEST CITY IN THE NATION.

THE IMPORTANCE OF THIS DISTINCTION THAT WE ARE REALLY THE 27TH LARGEST METROPOLITAN AREA IN POPULATION WAS BROUGHT OUT BY PETER HOLT'S ANSWER TO A QUESTION ASKED IN AN EXPRESS NEWS INTERVIEW. THE INTERVIEWER STATED THE LAST TWO NBA ARENAS WERE FINANCED PRIVATELY AND ASKED WHY THE SPURS WEREN'T DOING THE SAME. AND HE SAID BECAUSE WE ARE STILL 26TH OR 27TH OF THE 30 TEAMS IN MARKET SIZE. I JUST HEARD, THOUGH, THAT THE

[03:50:02]

I'M CONFUSED THAT IF THE SPURS PUT THEIR MONEY, MADE THE DECISION TO PUT THEIR MONEY WHERE THEIR TEAM IS, WE'RE ALL DONE HERE. SO THIS IS REALLY ABOUT PRIVATE FUNDING AND PRIVATE -- PUBLIC FUNDING OF PROJECT MARVEL. WHAT I HAVE FOR A NUMBER FOR PROJECT MARVEL IS $3.5 BILLION, BONDS WOULD HAVE TO BE ISSUED, THEY ARE CURRENTLY AAA GENERAL OBLIGATION BONDS, 4.5%. IF FULLY FUNDED, THAT HAS A LIABILITY TO THE COMMUNITY OF $17,838,100 EVERY MONTH. WE HAVE THE ARENA RENT, $4 MILLION, THAT'S $333,000 SOMETHING A MONTH. THE CSL ANALYSIS, $351 MILLION OVER 30 YEARS.

>> MAYOR JONES: YOU CAN SUBMIT THE REST OF YOUR COMMENTS FOR THE RECORD.

UNLESS THERE IS SOMEBODY THAT WOULD LIKE TO GIVE YOU TIME. KEN SHAVER, TORRY SLEDGE, CHANCE

MORENO. >> I WOULD LIKE TO RELINQUISH MY TIME TO MY WIFE.

>> MAYOR JONES: WHAT WAS YOUR WIFE'S NAME? >> NEEDA.

>> WE WEREN'T ABLE TO -- HE DIDN'T KNOW IF HE WOULD BE ABLE TO BE HERE OR WHATEVER.

WE DIDN'T SIGN IN TOGETHER. BUT I'M ON THE LIST. A BIT FURTHER DOWN.

>> MAYOR JONES: OKAY. THANK YOU. FOUR MINUTES, MA'AM.

>> YES. THANK YOU SO MUCH. SO MUCH TO SAY.

I WANT TO ADDRESS SOME THINGS THAT HAVE BEEN SAID TODAY AND I HOPE I CAN DO IT SUCCINCTLY WHICH I'M NOT KNOWN FOR. BUT PEOPLE TALKING ABOUT THE WHITE ELEPHANT WHERE THE SPURS ARE PLAYING NOW, OR THE MISSION STADIUM, IT REALLY DOES NOT MAKE SENSE TO PLOP SOMETHING DOWN LIKE THAT WAY OUT OF THE CITY CENTER, AND EXPECT BUSINESSES TO FLOURISH AROUND IT.

SAME THING FOR THE BASEBALL STADIUM. MOST CITIES SUCCESSFUL THRIVING CITIES HAVE STRONG DOWNTOWNS. THEIR DOWNTOWNS HAVE THEIR MEDICAL CENTERS.

THEIR DOWNTOWNS HAVE THEIR MAJOR UNIVE UNIVERSITIES.

THEIR DOWNTOWNS HAVE PARKS WHICH WE HAVE, LIBRARIES AND SO FORTH. SO WE NEED THIS FOR THE SPURS.

BECAUSE I SEE DOWNTOWN AS A NEIGHBORHOOD, OR WE DO, AS A NEIGHBORHOOD THAT BELONGS TO EVERYONE IN SAN ANTONIO. RIGHT? PEOPLE COME HERE AND DO ALL KINDS OF THINGS, BUT THEY DON'T DRIVE TO SOMEONE ELSE'S NEIGHBORHOOD, GO THROUGH A GATE AND SAY OH, HERE, WE'RE FWGOINGO HAVE FUN TODAY. IT'S HERE.

SO IT SHOULD BE HERE. AND I CAN ONLY IMAGINE WE HAVE BEEN TO JAZZFEST AND BEAUTIFUL CIVIC PARK AND SO FORTH. I CAN ONLY IMAGINE THE STADIUM FILLS, WE'RE RETIRED EDUCATORS, WE DON'T HAVE TICKETS EITHER, JUST SAYING, ALTHOUGH I DON'T MISS A ROADRUNNERS FOOTBALL GAME, WE CAN IMAGINE THAT STADIUM BEING FILLED, BIG SCREENS OUT IN CIVIC PARK, PEOPLE POUR OUT AND EVERYBODY IS DOWNTOWN CELEBRATING, AND SPENDING MONEY IN THE HOSPITALITY BUSINESS, IN RESTAURANTS, YOU NAME IT. AND WHO'S GOING TO DO THAT WHERE THEY ARE NOW? OH, LET'S GO RUN AROUND ON THE PAVEMENT.

I MEAN, THERE'S NOTHING TO DO. CITIES WHO ARE TRULY SUCCESSFUL AND JUST IMAGINE CORPORATIONS COMING IN AND THEY WANT TO CHECK OUT SAN ANTONIO. THEY'RE GOING TO WANT TO SEE THE DOWNTOWN. THEY'RE GOING TO WANT TO SEE, I THINK, A THRIVING DOWNTOWN.

WE HAVE A BEAUTIFUL CITY AND PEOPLE WHO DO COME ADMIRE IT VERY MUCH.

A RICH TRADITION. KNOWN FOR HOSPITALITY. BUT AUSTIN IS BUILDING THIS HUGE

[03:55:02]

YES, THEY BUILT THE ALAMODOME WAY OUT IN THE COUNTRY AT THAT TIME BUT IT WAS A MUCH LARGER MARKET. THE SPURS ARE DEALING WITH A MUCH SMALLER MARKET AND THEY HAVE REMAINED LOYAL TO US AND WE HAVE A RESPONSIBILITY TO BE LOYAL TO THEM.

I FEEL THAT VERY STRONGLY. I THINK ABOUT THE YOUNG PEOPLE IN OUR CITY, TECHNOLOGY, ALL THE TIME, RIGHT? YEAH. THEY'RE NOT SITTING AT HOME WATCHING THREE CHANNELS ON TV LIKE WE DID WHEN WE WERE GROWING UP.

WAS THAT FOUR? >> MAYOR JONES: THANK YOU, MA'AM.

[APPLAUSE] TORRY SLEDGE, CHANCE MORENO? >> GEORGE RELINQUISHED HIS TIME

TO ME. >> MAYOR JONES: FOUR MINUTES. >> THANK YOU.

GOOD AFTERNOON, EVERYBODY. IS EVERYBODY UP NOW? COOL, COOL, COOL.

GOOD AFTERNOON, COUNCIL. I WANT TO SAY THANK YOU FOR EVERYTHING THAT Y'ALL HAVE DONE.

THANK YOU FOR EVERYBODY WHO HAS SHOWN UP. IT LOOKS LIKE WE HAVE A REALLY PROUD PEOPLE. A LOT OF PROUD SAN ANTONIANS ARE HERE TODAY BECAUSE WE ARE A VERY PROUD CITY, ARE WE NOT? YES, DAMN RIGHT WE ARE. WE ARE PROUD TO BE THE SEVENTH LARGEST CITY IN THE UNITED STATES. WE ARE PROUD TO BE THE TOP TEN FASTEST-GROWING CITY IN THE NATION. TOP THREE IN GROWING TOURISM.

WE ARE A TOP FIVE IN RENEWABLE ENERGY CAPACITY. AND WE ARE ALSO PROUD TO HOLD THE TITLE OF MILITARY CITY USA AS WELL AS NOW CYBER CITY, USA. LET'S GO AHEAD AND CLAP FOR SAN ANTONIO BECAUSE THAT'S AMAZING. BECAUSE WE ARE PROUD. BUT I ASK, ARE WE ALSO PROUD OF THE FAILING AND UNDERPERFORMING SCHOOL SYSTEM K-12 HERE? ARE WE PROUD OF THE CHILD AND THE HOUSEHOLD POVERTY RATES THAT WE HOLD? AND THE 84,000 HOUSEHOLDS THAT DO NOT HAVE INTERNET ACCESS STILL? ARE WE PROUD? ARE WE PROUD OF THE OVERSTRESSED WATER SYSTEMS? OF THE GROWING TRAFFIC CONGESTION THAT WE ARE FACING AND AS WE KNOW, IT IS GETTING WORSE.

ARE WE STILL PROUD? ARE WE PROUD THAT WE DO NOT HAVE A PLAN FOR THE FUTURE OF SAN ANTONIO, BECAUSE AGAIN, WE ARE THE SEVENTH LARGEST CITY BY POPULATION BUT WE ARE 33RD WHEN IT COMES TO GROWTH M-- GROSS METROPOLITAN PROJECT. WE ARE 33RD.

WHY? HOW? HAVEN'T WE HAD THESE PROJECTS OVER AND OVER AGAIN THAT ARE SUPPOSED TO SAY THAT EVERYBODY IN SAN ANTONIO CAN EAT FROM THESE PIES, THESE PLATES WE HAVE MADE, THESE MARVELOUS PROJECTS THAT WE HAVE CREATED? WASN'T THE CITY SUPPOSED TO EAT THEN? SO SO I ASK, LET'S PUT ALL OF THIS ASIDE REAL QUICK AND JUST TALK SAN ANTONIO TO SAN ANTONIO.

WHAT GOOD REASON, WHAT REASON DOES ANYBODY HERE HAVE ON WHY WE CANNOT BE BETTER AS A CITY, ON WHY WE CANNOT DO BETTER AS A CITY TOGETHER? YOU HAVE A GOOD REASON? DOES ANYBODY HERE HAVE A REASON? IS THERE A GOOD REASON WHY, I DON'T KNOW, WHY CAN WE NOT BE, HOW TO SAY, HOW CAN WE NOT LEARN, THAT'S REALLY WHAT I WANT TO SAY, WHAT IS STOPPING US FROM LEARNING ABOUT OUR PAST MISTAKES AND TO BE BETTER RIGHT NOW, AT THIS MOMENT? WHAT IS STOPPING US? WHAT IS STOPPING FROM CARING ABOUT THE PEOPLE FROM DISTRICT 2 AND 5 THAT COME TO THESE DISTRICTS LIKE YOURS, MARC, AND SERVE YOUR CONSTITUENTS? WHY CAN'T WE CARE ABOUT THOSE PEOPLE AND THEIR LIVELIHOOD? WHY? LOOK, ALL I HAVE AND WHAT I WILL LEAVE WITH IS THIS. WE ARE PUTTING UP TAXPAYER MONEY THAT IS GOING TO GIVE OVER 50% OF THE INITIAL STARTUP COST, BUT WHAT WE ARE RECEIVING BASED ON

[04:00:07]

HEY, LET'S JUST SLOW DOWN? >> MAYOR JONES: THANK YOU. YOU CAN SUBMIT THE REST OF YOUR COMMENTS FOR THE RECORD. THANK YOU. [APPLAUSE]

>> MAYOR JONES: CHANCE MORENO, WILLIAM RIPATOW? >> HELLO TO THE CITY COUNCIL AND EVERYONE WHO TOOK THE TIME OUT TO COME TO THIS MEETING TODAY. I WILL MAKE IT QUICK.

THIS IS A THOUGHT EXPERIMENT, I ASK EVERYONE TO PARTICIPATE IN BECAUSE I THINK IT WILL BE RELEVANT. HAVE YOU EVER HEARD OF PETER HOLT? OKAY. ONLY ONE PERSON PARTICIPATED. DISAPPOINTING.

I DON'T ANTICIPATE AS MANY PEOPLE HAVE HEARD OF MICHAEL HAMILTON OR JEANELLE HARRIS, TWO OF THE HOMELESS PEOPLE WHO DIED IN SAN ANTONIO LAST YEAR, BOTH VETERANS.

I FIND IT SHAMEFUL THAT WE SIT HERE DISCUSSING A $1.2 BILLION PROPOSAL, MEANWHILE, THE PUBLIC INFRASTRUCTURE IN SAN ANTONIO IS LAUGHABLE. OUR BUSES ARE ROUTINELY LATE.

OUR INFRASTRUCTURE AND OUR ROADS, THERE ARE POTHOLES THAT ARE ABOUT AS OLD AS I AM IN MANY PARTS OF THE EAST SIDE. THE PARKING SITUATION DOWNTOWN AND THE CONSTRUCTION SITUATION IS LAUGHABLE. HALF OF THE ROADS TO GET TO THIS FACILITY ARE UNDER CONSTRUCTION.

HALF OF THE BUILDINGS ARE CONSTANTLY UNDER CONSTRUCTION. BUT I WOULD LIKE TO ADDRESS THE LATTER PARTS OF MY COMMENTS ABOUT THE PROJECT IN GENERAL. WE ARE HEARING THERE'S BEEN A LOT OF TRANSPARENCY. THEN WHY HAVE PARTIES BEEN SIGNING NON-DISCLOSURE AGREEMENTS AND CONDUCTING THESE MEETINGS IN BACK DOOR ROOMS AWAY FROM PUBLIC COMMENT, AWAY FROM PUBLIC SCRUTINY? MAYOR JONES PROPOSED REVENUE SHARING AS A MECHANISM TO FUND THIS PROPOSAL AND YET THAT HAS BEEN DECLINED AND SHUT DOWN. LASTLY, I WORK AS A TEACHER AND EDUCATOR SO I GO BASED ON FACTS AND ANALYSIS, AND FACTS AND ANALYSIS SHOW THAT DESPITE ROBUST EVIDENCE, STADIUMS ARE NOT ECONOMIC DEVELOPMENT CATALYSTS AND DO NOT CONFER LIMITED SOCIAL BENEFITS. ECONOMIC RESEARCH CONTINUES TO BENEFIT THAT STADIUMS REMAIN POOR PUBLIC INVESTMENTS. THIS IS NOTHING MORE THAN HEY REVERSE ROBIN HOOD, A TRANSFER FROM THE POOR AND ECONOMICALLY DISADVANTAGED TO THE RICH IN THIS CITY WHICH IS FRANKLY ,

QUITE FRANKLY THE LAST THING THE CITY NEEDS. >> MAYOR JONES: THANK YOU.

WILLIAM RIPATOW, GINGER TRAINER. >> GOOD AFTERNOON, Y'ALL. I LIVE IN DISTRICT 10 UNDER MARC WHYTE. I AM A NEWCOMER FROM NORTH TEXAS.

I DON'T HAVE A STRONG OPINION ON THIS PROJECT MARVEL AS OF YET BUT WHAT I DO HAVE A STRONG OPINION IS TRYING TO JUMP INTO POTENTIALLY HUNDREDS OF MILLIONS OF DOLLARS INVESTMENT WITHOUT CROSSING OUR TS OR DOTTING OUR IS. WE SAY IT'S GOING TO GIVE US A HECK OF A LOT OF NEW JOBS, MINIMUM WAGE PAYING JOBS. I CAN'T LIVE OFF OF $7.25.

I CAN'T GO TO SCHOOL OFF OF $7.25. AND THIS IS A 1 POINT WHATEVER BILLION PROJECT FOR THE STADIUM ITSELF. WHAT ABOUT FOR THE REST OF PROJECT MARVEL? HOW WE GOING TO FUND THAT? YOU SAY THE HOTEL OCCUPANCY TAX, THE COUNTY VENUE TAX AND STATE HOTEL, YADA YADA YADA TAX, ALL THAT IS AROUND $3 BILLION.

FROM WHAT I'M FINDING, WHAT I'M LOOKING UP ONLINE, I CAN'T FIND ANY IDEAS FOR THE COSTS, POTENTIAL COSTS FOR THE LAND BRIDGE OR ALAMODOME PROJECT. WHERE IS THAT MONEY GOING TO COME FROM? IN REGARDS TO THE ALAMODOME, WAS THAT NOT SUPPOSED TO INVEST IN THE AREA AROUND IT? I HAVE BEEN HEARING FROM PLENTY OF PEOPLE BEFORE AND TODAY THAT THEY HAVE NOT SEEN THE RETURN ON INVESTMENT. SO ARE WE EXPECTING THE SAME SITUATION TO HAPPEN HERE? WITH THIS NEW STADIUM? I SAY WE MUST DOUBLE-CHECK OUR NUMBERS, MAKE SURE EVERYTHING IS GOING TO HAPPEN THE WAY WE THINK IT SHOULD BE, AND MAKE SURE OUR

MONEY IS ACTUALLY HEADING TO THE RIGHT PLACES. >> MAYOR JONES: GINGER TRAINER.

[04:05:06]

>> GOOD AFTERNOON, MAYOR AND COUNCIL MEMBERS. I MOVED TO SAN ANTONIO HERE FROM PARIS, FRANCE 14 YEARS AGO. SINCE MOVING HERE, I MOVED HERE, I HAVE HAD LOTS OF OPPORTUNITIES TO GO TO MORE HOSPITALITY-FOCUSED CITIES BUT I CHOSE TO STAY HERE BECAUSE I BELIEVE SAN ANTONIO HAS POTENTIAL AND I WANTED TO BE PART OF SHAPING ITS FUTURE.

IN 2020, I RELAUNCHED MY COMPANY RIGHT HERE IN SAN ANTONIO. IT WAS A SMALL PASTRY COMPANY, HAS NOW WON OVER 140 PUBLICATIONS, WE WON 40 INTERNATIONAL AWARDS AND I HAVE BEEN ON FOOD NETWORK REPRESENTING OUR PROUD CITY. MOST IMPORTANTLY, I HAVE CREATED JOBS, MENTORED THE COMMUNITY AND AM HELPING THE YOUTH. AT A RECENT BRUNCH I WENT TO WITH YOU DURING THE CAMPAIGN SEASON, YOU TALKED ABOUT A STORY OF YOUR MOTHER WORKING IN HOSPITALITY AND HOW THAT KIND OF LAID A FOUNDATION FOR YOU TO BE SITTING IN THAT VERY SEAT AND A THINK THAT PROJECTS LIKE PROJECT MARVEL IS WHAT ALLOWS US TO DO THIS FOR OUR COMMUNITY.

THIS PROJECT IS NOT JUST ABOUT THE SPURS ALTHOUGH WE ALL LOVE OUR SPURS.

THIS PROJECT IS ABOUT ECONOMIC DEVELOPMENT AND SPECIFICALLY MY PROJECT OF ECONOMIC DEVELOPMENT, BECAUSE OF THIS PROJECT I HAVE BEEN WORKING ON A TWO-YEAR PLAN AND WILL BE INVESTING MY OWN $2 MILLION HERE IN SAN ANTONIO TO START A RESTAURANT HOPEFULLY NEXT YEAR.

I THINK THAT A LOT OF OTHER YOUNG TALENTED CHEFS FROM AROUND THE WORLD WILL BE ATTRACTED TO A CITY LIKE THIS. MY CONCERNS ARE, ARE WE HAVING THE RIGHT STAFF, ARE PEOPLE ABLE TO COME HERE, ARE WE ABLE TO ATTRACT TALENT HERE, DO WE HAVE HOUSING FOR THEM AND IN THIS PROJECT, WITH THE HOTEL OCCUPANCY TAX YOU GUYS ARE TALKING ABOUT, WE CAN INCREASE OUR TOURISM AND THUS INCREASE OUR WAGES AND MAKE THIS A BETTER PLACE FOR ALL SAN ANTONIO.

SO IN CLOSING, I JUST WANT TO SAY IF THERE'S A CHANCE TO IMPROVE OUR FUTURE, WE SHOULD DO EVERYTHING IN OUR POWER TO SEIZE IT. PROJECT MARVEL IS ABOUT HOW WE BEGIN TO COURSE CORRECT AND BUILD A SAN ANTONIO OUR CHILDREN DESERVE.

DECADES FROM NOW, I HOPE WE WILL BE ABLE TO SAY THAT IT WAS THIS MOMENT THAT SAN ANTONIO CHOSE TO INVEST IN ITS PEOPLE AND ITS FUTURE. THANK YOU FOR YOUR TIME.

HOPE YOU HAVE A WONDERFUL DAY. [APPLAUSE] >> MAYOR JONES: DIANA.

>> GOOD AFTERNOON. I'M HERE TO SPEAK ON THIS PROJECT AND I'M FOR ITEM 4 WITH YOU, AND I HOPE ALL OF YOUR COUNCIL WILL SUPPORT YOU. AND I'M AGAINST ITEM 5.

DON'T SIGN ANYTHING. AND I'M ASKING FOR YOU TO HOLD OFF ON THAT VOTE TODAY.

LEAVE IT FOR US FOR NOVEMBER BECAUSE WE HAVE ALREADY GIVEN THE SPURS TWO ARENAS.

THIS WILL BE THE THIRD. HOW MANY DOES IT TAKE? THIS MONEY NEEDS TO BE USED ON THE CITY. WE HAVE USED IT ON YOU, THE SPURS.

BECAUSE WE LOVE YOU. THAT DOESN'T MEAN THAT WE DON'T. WE ARE FOR YOU.

BUT HOW MANY ARENAS DOES IT TAKE? WE NEED THIS MONEY TO BE PUT ON DRAINAGE AND HOUSING AND NOURISHMENT, EDUCATION AND EVERYTHING ELSE.

WE HAVE GIVEN YOU SO MUCH. Y'ALL NEED TO PUT IN YOUR PART, NOW THAT WE HAVE GIVEN IT TO YOU ALREADY TWICE. I HAVEN'T EVEN BEEN TO A SPURS GAME.

CAN'T AFFORD IT. I WAS WITHOUT A JOB FOR A LONG TIME BECAUSE NOBODY WANTED TO

[04:10:03]

GIVE ME A JOB. >> MAYOR JONES: THANK YOU. DAWNANN?

>> I AM GIVING MY TIME TO ROSE HILL. >> MAYOR JONES: DAWNANN IS FIRST. FOLLOWED BY PHYLLIS MCNAIR AND ROSE HILL.

>> GOOD AFTERNOON. THANK YOU. I AM THE EXECUTIVE DIRECTOR FOR THE TEXAS RESTAURANT ASSOCIATION, SAN ANTONIO CHAPTER AS WELL AS THE EL PASO CHAPTER.

THANK YOU ALL FOR HAVING US TODAY. I STAND BEFORE YOU TODAY PROUDLY REPRESENTING THE BOARD OF DIRECTORS FOR OUR TEXAS RESTAURANT ASSOCIATION, SAN ANTONIO CHAPTER, AND WITH ME TODAY IS ONE OF OUR FABULOUS BOARD MEMBERS, WHO YOU JUST HEARD FROM. SHE IS A CHEF, LOCAL CHEF. WE URGE YOU TO VOTE YES ON ITEM NUMBER 5. THIS SPORTS AND ENTERTAINMENT DISTRICT, THIS ARENA, IS TOO IMPORTANT FOR OUR COMMUNITY, OUR BUSINESS, YOUR CONSTITUENCY. THE ECONOMIC IMPACT IT WILL HAVE ON OUR CITY, THE TOURISM BOOST IT WILL PROVIDE, WHERE MONEY IS SPENT ON OUR RESTAURANTS, OUR HOTELS, OUR BARS AND ENTERTAINMENT. THE JOBS IT WILL CREATE.

IN 2023, OUR HOSPITALITY INDUSTRY BROUGHT IN $21.5 BILLION.

51% OF THAT NUMBER CAME FROM RESTAURANTS AND CATERING ALONE. THE CONTRIBUTION TO OUR CITY OF SAN ANTONIO WAS OVER $277 MILLION. TODAY, OVER 149,000 EMPLOYEES, YOUR CONSTITUENTS, WORK IN HOSPITALITY. THAT'S 1 IN EVERY 8 RESIDENTS.

IMAGINE WHAT ALL OF THESE NUMBERS COULD BE, WILL BE, WITH A NEW ARENA DOWNTOWN.

THE RETURN ON INVESTMENT WILL BE GREAT. THIS WILL BE A HISTORIC INVESTMENT IN OUR COMMUNITY, OUR RESIDENTS, OUR DOWNTOWN, THE CROWN JEWEL OF OUR CITY.

WE ARE A FIRST-CLASS CITY BECAUSE OF OUR UNIQUENESS, OUR CULTURAL IDENTITY, OUR HOSPITALITY AND BECAUSE OF OUR SPURS OR AS MY GRANDMOTHER USED TO SAY, LOSSPURS.

PEOPLE LIKE SEAN ELLIOTT AND THE WHOLE FAMILY. >> MAYOR JONES: THANK YOU.

>> I APPLAUD THE CITY MANAGER -- >> MAYOR JONES: THANK YOU. PHYLLIS MCNAIR?

>> DO THE RIGHT THING AND VOTE FOR THIS. >> GOOD AFTERNOON, MAYOR AND

CITY COUNCIL. >> MAYOR JONES: TO CLARIFY, DID PHYLLIS MCNAIR GIVE YOU HER

TIME? >> YES. >> MAYOR JONES: GO AHEAD.

FOUR MINUTES. THANK YOU. >> GOOD AFTERNOON.

I'M ROSE HILL AND I AM -- EXCUSE ME. GOOD AFTERNOON, MAYOR AND CITY COUNCIL. MY NAME IS ROSE MARIE HILL. I AM THE CO-FOUNDER OF 30 NEIGHBORHOOD ASSOCIATIONS IN DISTRICT 2 CALLED CALLED THE D2 PRESIDENTS ROUNDTABLE, A GROUP OF STRONG LEADERS ON THE EAST SIDE THAT EDUCATE, COMMUNICATE, EDUCATE OURSELVES ON CITY GOVERNMENT, MEET ONCE A MONTH. WE FIND, BRING OUR PROBLEMS TO THE TABLE AND FIND SOLUTIONS.

TODAY, I'M HERE BECAUSE I'M A LITTLE DISAPPOINTED BECAUSE I HEAR A LOT OF NEGATIVITY AND I HEAR POSITIVE ALSO REGARDING THE SPURS. BUT MAIN THING I WANTED TO RELATE IS THAT ON AUGUST 9TH, WE HAD A VERY IMPORTANT DISTRICT 2 ROUNDTABLE MEETING OF ALL OUR PRESIDENTS UNDER ONE ROOF AND I CONTACTED THE DISTRICT 2 OFFICE TO COME AND I INVITED MR. CASTILLO TO COME TO OUR MEETING, AND NOBODY SHOWED UP. APPARENTLY THERE WAS ANOTHER EVENT GOING ON. BUT IT'S VERY IMPORTANT THAT THERE BE A LACK OF OPEN LINE COMMUNICATION, ESPECIALLY RIGHT NOW THAT WE DON'T HAVE OUR COUNCIL MEMBER IN HAND.

I KNOW MR. CASTILLO, YOU ARE NEW AND I WHOLEHEARTEDLY, BUT I DID TEXT AND E-MAIL YOU BECAUSE YOU MISSED A GOLDEN OPPORTUNITY TO TALK TO US ABOUT PROJECT MARVEL. RIGHT NOW THERE'S A LOT OF CONFUSION AND DIVISION AND WE SHOULD BE COMING TOGETHER TO FIND SOLUTIONS BECAUSE I DO HEAR THERE'S A LOT OF NEGATIVITY ABOUT THE SPURS. I DO LOVE THE SPURS.

I HAVE GONE TO MANY GAMES AND THEY HAVE DONE -- THE SPURS HAVE ACTUALLY HELPED US WHEN WE HAVE OUR NEIGHBORHOOD ASSOCIATION, WHAT DO YOU CALL IT, NATIONAL NIGHT OUT, THEY ACTUALLY GIVE US MONEY THAT WE DON'T GET FROM THE DISTRICT 2 OFFICE TO DO OUR FUNCTIONS IN DISTRICT 2.

BUT WHAT WE HAVE TO DO TODAY IS COME TOGETHER TO UNDERSTAND THE SPURS AND UNDERSTAND THE PEOPLE THAT ARE TALKING HERE. THERE WERE SOME ISSUES REGARDING THE DISTRICT 2 ON COMMERCE AND A LOT OF PROMISES WERE MADE AROUND THE ALAMODOME THAT WE WERE HOPING THAT MAYBE COULD COME TO OUR MEETINGS TO BE ABLE TO EXPLAIN BECAUSE KNOWLEDGE IS GOLDEN TO MANY OF US.

[04:15:01]

THANK YOU VERY MUCH. >> MAYOR JONES: ANTONIO DIAZ. >> I'M HERE SUPPORTING ITEM 4.

I BELIEVE THAT GETTING AN INDEPENDENT REPORT, FINANCIAL REPORT FOR THIS OVER BILLION DOLLAR PROJECT IS REASONABLE AND SHOULD BE DONE. I DON'T KNOW WHY SOME OF THE CITY COUNCIL MEMBERS WANT TO MOVE FORWARD WITHOUT GETTING ONE.

IT'S ALREADY BEEN NOTED THAT CSL IS AFFILIATED WITH SPURS. SO AGAIN, IT'S LIKE SAYING HEY, JUST TRUST ME, HERE'S THE REPORT, INSTEAD OF GETTING AN INDEPENDENT ONE FOR ALL OF US, BECAUSE WE'RE ALL GOING TO BE PAYING FOR IT, NOT JUST DISTRICT 2.

SO -- OR THE PRIVATE INVESTORS. BUT WE ARE. THE WHOLE CITY.

SO I ASK ALL OF YOU HERE THAT ARE STILL HERE, DO YOUR DUE DILIGENCE.

SUPPORT THE MAYOR'S REQUEST. NOW, I KNOW WE HAVE A CITY MANAGER AND CITY COUNCIL TYPE GOVERNMENT AND OUR CITY MANAGER HAS A LOT ON HIS SHOULDERS AND RESPONSIBILITIES, BUT IT'S NOT SOLELY ON HIM. YOU ALL ARE ELECTED OFFICIALS. ALL OF YOU.

YOU'RE THE ONES THAT PUT FORWARD THE RAISE WE JUST APPROVED THIS PAST YEAR.

SO RESPECTFULLY, I BELIEVE THE MAYOR SHOULD BE LISTENED TO AND SHOULD NOT BE TREATED THE WAY SHE'S BEEN TREATED BY CITY COUNCIL MEMBERS. MR. WHYTE, ESPECIALLY, HE'S NOT THERE. SO I AM HERE BASICALLY TO SUPPORT ITEM 4 AND TO SAY RESPECTFULLY TO CITY MANAGER WALSH, A LITTLE PREEMPTIVE BECAUSE WE ARE GOING TO VOTE IN NOVEMBER AND SO THANK YOU VERY MUCH. SUPPORT THE MAYOR.

>> MAYOR JONES: PRISCILLA LIPEZ? >> HELLO, MAYOR. I WOULD LIVE LIKE TO GIVE MY

TIME TO TRISH. >> FOUR MINUTES, CORRECT? THANK YOU.

GOOD AFTERNOON, MAYOR, MEMBERS OF THE CITY COUNCIL. MAYOR, WE APPRECIATE THE FACT THAT YOU WERE AT OUR PRESS CONFERENCE YESTERDAY, BECAUSE AT THE END OF THE DAY, YOUR VOICE IS A CRITICALLY IMPORTANT ONE, WHETHER WE AGREE OR WHETHER WE DISAGREE, BECAUSE AT THE END OF THE DAY, AT SOME POINT, WE ARE GOING TO BE IN LOCKSTEP WITH EACH OTHER ON THE ISSUES THAT ARE IMPORTANT TO SAN ANTONIO, WHETHER IT'S HOMELESSNESS, WHETHER IT'S AFFORDABLE HOUSING, WHETHER IT'S WORKFORCE DEVELOPMENT OR WHETHER IT'S PRE-K FOR SA.

SO I AM HERE, THE PRESIDENT AND CEO OF [INAUDIBLE] OUR STAFF, OUR 500 MEMBERS WHO REPRESENT DOWNTOWN AND OUR AMAZING 130 AMBASSADOR ORGANIZATION WHO BY THE WAY, KEEP -- THANK YOU -- LET ME JUST

[04:20:02]

SO WE STAND UNITED IN SUPPORT FOR THE MEMBERS OF THE COUNCIL THAT ARE MOVING FORWARD WITH A POSITIVE VOTE FOR A TERM SHEET TODAY. BECAUSE IT IS THAT IMPORTANT TO DOWNTOWN. NOT FROM JUST A DOWNTOWN TRAJECTORY STANDPOINT, BUT THE ENTIRE COMMUNITY WILL BENEFIT FROM THIS. I STOOD BEFORE YOU A WEEK AGO AND I TOLD YOU THE MONIES THAT COME INTO DOWNTOWN DO NOT STAY IN DOWNTOWN.

THEY WILL GO INTO THE GENERAL FUND AND BENEFIT DISTRICTS ACROSS THIS CITY, STREETS, SIDEWALKS, PARKS. AND THAT IS CRITICALLY IMPORTANT.

I WILL LAY OUT THE FACTS OF THE DEAL AND WHY WE ARE STANDING HERE IN SUPPORT.

NUMBER ONE, $311 MILLION FL THE COUNTY. THAT IS A VISITOR TAX.

I WORKED ON A PAST VENUE TAX. THOSE ARE VISITORS THAT COME INTO SAN ANTONIO, RENT CARS, STAY IN HOTEL ROOMS. THAT DOES NOT COME FROM TAXPAYER POCKETBOOKS.

BY AND LARGE. I WILL TELL YOU 95% TO 98% ARE OUT OF TOWNERS.

THEN WE LOOK AT THE WALSH, TO BEN GORZELL, ANDY SEGOVIA, FOR DIGGING IN DEEP AND WORKING ON THIS FOR THE PAST TWO YEARS. THIS HAS NOT BEEN A RUSHED DECISION, BY ANY STRETCH OF THE IMAGINATION. BUT LET ME BE CLEAR. THAT $489 MILLION AGAIN WILL BE REPAID BY THE SAN ANTONIO SPURS WHO SIT BEHIND ME TODAY. SO IN GROUND LEASES, IN INCREASED PROPERTY TAXES, IN DOWNTOWN. IT WILL COME BACK TO THE CITY.

NOT TO MENTION THE $2.1 OR $2.3 BILLION THAT THE SPURS HAVE COMMITTED OR IN FACT, FOR THE ARENA AND FOR THE SPORTS AND ENTERTAINMENT DISTRICT AND MAYOR, GOOD ON YOU FOR STRIKING A COMMUNITY BENEFITS AGREEMENT THAT IS UNPRECEDENTED. BY THE WAY, $75 MILLION OVER 30 YEARS IS NOTHING TO SNEEZE AT BECAUSE IT WILL HELP THIS COMMUNITY IN SPADES.

SO I WILL END THIS CONVERSATION WITH THE FACT THAT WE NEED TO BE UNITED TOGETHER AND THAT WE AGREE TO DISAGREE ON THIS ISSUE, MANY OF YOU THAT ARE HERE. SOME ARE IN LOCKSTEP WITH US.

BUT WE WILL WORK ON OTHER PROJECTS THAT WE NEED TO GET ACCOMPLISHED HERE AND COPS METRO, WE APPRECIATE YOUR VOICE HERE. WE HAVE WORKED TOGETHER ON SA ISD BOND ELECTIONS, VIA ELECTIONS AND PRE-K FOR SA ELECTIONS.

IT DOES NOT MEAN AN EITHER/OR CONVERSATION. WE CAN LIFT THIS CITY UP WITH A SPORTS AND ENTERTAINMENT DISTRICT BUT WE CAN ALSO BRING PEOPLE OUT OF POVERTY AT THE VERY, VERY SAME TIME. FIVE CHAMPIONSHIPS HERE, SPURS JESUS HERE FROM THE SAN ANTONIO SPURS. THIS IS A SMALL MARKET TEAM, DYNAMICS ARE VERY, VERY DIFFERENT THAN THEY ARE IN SEATTLE, VEGAS OR ANYWHERE ELSE IN THE COUNTRY.

WE ARE PROUFD D OF YOUR SUPPORTD WHAT YOU ARE CONTRIBUTING TO THE EQUATION.

WE LOOK FORWARD TO A POSITIVE VOTE TODAY. FIVE CHAMPIONSHIPS, GUESS WHAT, PEOPLE WERE NOT HONKING AROUND THE AT & T CENTER. THEY WERE HONKING AND WAVING FLAGS WHERE? IN DOWNTOWN SAN ANTONIO. THANK YOU VERY MUCH.

[APPLAUSE] >> MAYOR JONES: VERONICA SANDOVAL? VERONICA SANDOVAL? JACK FINGER FOLLOWED BY THELMA GONZALEZ.

JACK FINGER? THELMA GONZALEZ? KATHLEEN TRENCHARD?

THIS IS THE FINAL SPEAKER. >> GOOD AFTERNOON, COUNCILMAN, HONORABLE MAYOR.

THANK YOU, MAYOR, FOR THIS DAY, FOR THIS OPPORTUNITY. I WOULD LIKE TO EXPRESS MY OPPOSITION TO THE PROPOSED ENTERTAINMENT DISTRICT WHICH HAS FINALLY MERGED WITH THE MARVEL DISTRICT. ONE OF OUR COMPETITORS FOR THEALMIGHTY TOURIST DOLLAR IS A CITY WHICH BUILT A STADIUM FOR THEIR BELOVED SAINTS. THAT BUILDING SURVIVED HURRICANE KATRINA AND THEN HOUSED THE HOMELESS FOR WEEKS. IT WASN'T BUILT IN DOWNTOWN AND

[04:25:08]

MEANWHILE, WE HAVE -- WE HAVE ALREADY DEMOLISHED AN HISTORIC LANDMARK IN A DOWNTOWN THAT IS THRIVING WITH RESIDENTIAL APARTMENTS AND CONDOS, HOTELS. WHY? BECAUSE IT SEEMS WE HAVE A BAD CASE OF STADIUMITIS NOW, AN ADDICTION TO BUILDING NEW STADIUMS. WE LOVE OUR SPURS BUT DO THEY LOVE US? MAY ANOTHER STADIUM IN DOWNTOWN AUSTIN. WE HAVE LOST OUR WAY, SAN ANTONIO. WE HAVE SO MUCH TO OFFER OUR RESIDENTS AND OUR VISITORS ALREADY, WITHOUT THE GLITZ. DON'T MESS WITH SAN ANTONIO. THANK YOU.

[APPLAUSE] >> MAYOR JONES: JACK FINGER, YOU HAVE TWO MINUTES.

>> WELL, MADAM MAYOR, MY NAME IS JACK M. FINGER. WELL, I GUESS THE BEST COMES LAST HERE. YES. I WISH TO ALERT YOU TO SOMETHING, SOME THINGS THAT -- SOME QUESTIONS THAT HAVE YET REALLY TO BE ANSWERED HERE BUT I WAS DOING SOME RESEARCH ON THIS WHOLE THING AND LOOKING AT THE SAN ANTONIO CURRENT, AS WOKE AS IT IS, SOMETIMES EVEN A BROKEN CLOCK IS RIGHT TWICE A DAY AND I SAW THIS ARTICLE BY MR. SANDERS HERE. MR. AUDIOVISUAL, LOOK AT THAT ENCLOSED CIRCLE THERE, BLOW THAT UP, IF YOU WOULD, A BIT.

FORECASTS THAT AN EXPANSION TO PHILADELPHIA'S CONVENTION CENTER WOULD BOOST HOTEL ROOM BY AN ANNUAL AVERAGE OF 503,000 TO 786,000 IN 2024. THE EXPANDED FACILITY GENERATED ONLY 411,315 HOTEL ROOMS. IT NEVER EVEN CAME CLOSE TO THE 503,000 NUMBER AGAIN.

OTHER PROJECTIONS BY THE CONSULTING FIRM HAVE ALSO MISSED THE MARK.

RETURN THE CAMERA, IF YOU WOULD. YEAH. ALSO, I NOTICED THAT THE AGREEMENT YOU HAVE THERE, LET'S SEE, MR. AUDIOVISUAL MAN, PUT THAT UP THERE, PAGE 1 OF THE TERMS THERE, WHAT DOES IT SAY THERE? SCROLL UP A BIT THERE.

YES. SPORTS ENTERTAINMENT DISTRICT TERM SHEET.

OKAY. THAT'S PAGE 1. THEN GO TO THIS ONE, IF YOU WOULD, THAT'S PAGE 12. BURIED DEEP IN PAGE 7 ARE THESE REMARKS, YES. NUMBER 16, TERM SHEET IS NON-BINDING.

NON-BINDING. THE TERM SHEET IS NOT BINDING OR ENFORCEABLE AGREEMENT. RETURN THE IF YOU WOULD.

SO ESSENTIALLY WHAT YOU HAVE IS A SHAM AGREEMENT. AND IF YOU VOTE FOR THIS THING, WHAT DOES THAT MAKE YOU? A BUNCH OF SHAM POLITICIANS?

YOU TELL ME. >> MAYOR JONES: THAT WAS THE FINAL SPEAKER.

NEXT IS COUNCIL DISCUSSION ON ITEM 4. IF THERE IS NO OBJECTION, WE

WILL ALSO DISCUSS ITEM 5. >> WE NEED A MOTION AND SECOND TO DISCUSS ITEM 5 AND

I WOULD PREFER -- OBJECTION. >> MAYOR JONES: WE'RE GOING TO RECESS FOR A BREAK FOR 15 WE WILL NOW DO COUNCIL DISCUSSION ON ITEM 4.

[04:30:08]

AS MENTIONED, WE HAVE THE TIME AND WE HAVE THE RESOURCES TO DO THIS.

THERE WAS A QUESTION THAT CAME UP, AS I MENTIONED, THERE'S LOTS OF ECONOMIC FACTORS CONTRIBUTING TO MY DESIRE TO BE CAUTIOUS ON THIS.

THERE WAS A QUESTION WHETHER THE CHILLED WATER HAS BEEN -- AS A MEMBER OF THE SAWS AND CPS WILL COME TO THE CITY COUNCIL NEXT YEAR REQUESTING A RATE INCREASE.

AT OUR LAST SAWS BOARD MEETING THEY CONFIRMED THAT RATE INCREASE WAS NOT REFLECTIVE OF THE COSTS NEEDED TO MOVE THE CHILLED WATER PLANT.

I WANT TO AGREE WITH THE SENTIMENT THAT THIS DISCUSSION IS ABOUT MUCH MORE THAN AN ARENA. IT TRULY IS. I THINK WE CAN ALL APPRECIATE THE WAYS IN WHICH WE AS A COMMUNITY HAVE INVESTED IN THE SPURS AND ARE THANKFUL IN THE WAYS IN WHICH THE SPURS HAVE INVESTED IN US.

I THINK THIS DISCUSSION IS ALSO ABOUT HOW OUR COMMUNITY UNDERSTANDS OUR WORTH.

AND HOW WE UNDERSTAND WHO WE TAKE INTO ACCOUNT AND HOW WE TAKE THINGS INTO ACCOUNT WHEN WE MAKE SIGNIFICANT DECISIONS LIKE THIS. AS MENTIONED, MY CONCERN ABOUT THE PROCESS THUS FAR IS THAT IT HAS NOT NECESSARILY LOUD FOR AN INFORMED DISCUSSION AS INDEPENDENT DATA CONTINUES TO BE ABSENT FROM THIS DISCUSSION, NOR HAS THERE BEEN SUFFICIENT TIME FOR PUBLIC ENGAGEMENT ON EVEN THE DRAFT TERM SHEET WE'VE HAD FOR ALL OF 96 HOURS. I DO THANK PETER HOLT FOR COMING IN PERSON AND REQUESTING THE PUBLIC DOLLARS HIMSELF FOR THIS PROJECT. I THINK THIS IS ABOUT -- THIS DISCUSSION IS ALSO ABOUT HOW WE ADVOCATE FOR OURSELVES WHEN WE'RE ASKED FOR MAJOR FINANCIAL CONTRIBUTIONS LIKE THIS AND WHEN WE ARE REQUESTED ADDITIONAL INFORMATION AND ADDITIONAL TIME TO DO OUR DUE DILIGENCE, I AM SURPRISED BY THE PUSH-BACK UPON THAT AS THE TIME LINE INDICATES, WE HAVE THE TIME AND CERTAINLY THE RESOURCES TO DO THIS APPROPRIATELY. NOW IT IS TIME TO TAKE A VOTE ON ITEM 4.

CITY CLERK, PLEASE READ THE CAPTION SO THE COUNCIL WILL KNOW WHAT THEY ARE VOTING

ON. >> CLERK: ITEM NUMBER 4 IS A RESOLUTION UNDER WHICH THE CITY COUNCIL WILL NOT CONSIDER A PROPOSED TERM SHEET WITH THE SAN ANTONIO SPURS FOR A PROPOSAL ARENA DOWNTOWN UNTIL, A, THE CITY COUNCIL RECEIVES AN INDEPENDENT ECONOMIC IMPACT STUDY BY A FIRM WITH NO ASSOCIATION WITH THE SPURS ORGANIZATION OR OWNERSHIP, WITH ECONOMIC ANALYSIS ON PAR WITH WHAT THE CITY OF DELVED RECEIVED IN 2024. NOTABLY IMPACT ON GENERAL FUND.

AND TWO, EACH CITY COUNCILMEMBER HAS HOSTED AT LEAST TWO PUBLIC ENGAGEMENTS WITH CONSTITUENTS TO RECEIVE FEEDBACK ON THE ECONOMIC STUDY AND PROPOSED TERM

SHEET. >> MAYOR JONES: THERE IS A MOTION AND A SECOND FOR APPROVAL OF ITEM NUMBER 4. PLEASE VOTE. THE MOTION HAS FAILED.

NOW WE WILL TAKE PUBLIC COMMENT ON ITEM NUMBER 5. I'M SORRY, EXCUSE ME, SORRY.

NOW IT IS TIME TO TAKE A VOTE ON ITEM 5. PLEASE READ THE CAPTION SO

CITY COUNCIL WILL KNOW WHAT THEY ARE VOTING ON. >> CLERK: ITEM 5 IS A RESOLUTION AUTHORIZING THE CITY MANAGER TO COMPLETE NEGOTIATIONS AND EXECUTE A NON-BINDING TERM SHEET WITH SAN ANTONIO SPURS HOLDING LLC RELATING TO A DOWNTOWN ARENA WITH SUBSTANTIALLY SIMILAR TERMS TO THE POSTED DRAFT TERM SHEET.

[04:35:06]

>> SECOND. >> MAYOR JONES: THAT WILL MOVE TO COUNCIL DISCUSSION.

HAS ANYONE LINED UP -- JUST KAUR. OKAY.

WE'RE HAVING TECHNICAL DIFFICULTIES. COUNCILMEMBER KAUR, PLEASE.

>> KAUR: THANK YOU, MAYOR. I WANT TO START OFF BY SAYING THANK YOU TO EVERYONE THAT CAME TODAY AND SPOKE AND ALL THE PREVIOUS COUNCIL MEETINGS AND THE COMMUNITY ENGAGEMENT SESSIONS PREVIOUSLY HELD. WHETHER YOU ARE A ORGANIZER, A CITY EMPLOYEE, WHETHER YOU ARE A SMALL BUSINESS LEADER, WE ARE ALL MEMBERS OF THE SAME COMMUNITY, THE COMMUNITY WE LOVE AND WANT TO THRIVE.

I WANT TO START OFF BY GIVING CONTEXT FOR WHAT I BELIEVE OUR JOB IS AND THAT'S TO MAKE SURE WE HAVE LIMITED FINANCIAL RISK IN THIS DEAL AND ENOUGH INFORMATION TO ALLOW THE VOTERS TO TAKE VOTE ON THE UPCOMING ELECTION IN NOVEMBER AND ONE POTENTIALLY IN MAY. I'M GOING TO TELL YOU FREQUENTLY ASKED QUESTIONS I HAVE HEARD AND RESPONSIBLE MIGHT HELP CLEAR UP SOME OF THAT CONFUSION. THE FIRST QUESTION THAT GETS ASKED A LOT IS WHAT IS THIS GOING TO COST AND WHO IS GOING TO PAY FOR IT. THIS ARENA DEAL THEORY IN THE LARGER SPORTS AND ENTERTAINMENT DISTRICT IS GOING TO COST $1.3 BILLION, POTENTIALLY A LITTLE MORE. THE CITY IS CONTRIBUTING $489 MILLION IN DEBT.

THE COUNTY IS CONTRIBUTING 311, AND THEN THE SPURS ARE TAKING ON THE REST, INCLUDING ANY ADDITIONAL OVERAGE THAT MAY OCCUR. LET'S BREAK DOWN OUR PORTION OF THAT FUNDING. WHAT DOES THAT ACTUALLY INCLUDE.

THE $489 MILLION IS SPLIT UP AND BEING PAID 52% BY THE 48% IS BEING PAID BY STATE-GENERATED PFC DOLLARS WHICH ARE AN INCREMENT AT HOTEL TAXES AT THE STATE LEVEL, NOT THE LOCAL. THAT'S WHAT LOCAL LEADERS WORKED SO HARD TO PASS. SENATOR MENENDEZ WAS CRITICAL IN THAT.

I JUST SAW A TWEET FROM REPRESENTATIVE BERNAL AND HE HOPES THESE DOLLARS ARE BEING USED TO SUPPORT THIS DEAL TODAY. THAT BEING SAID, WE DIDN'T STOP THERE. WE NEGOTIATED AND WE GOT EVEN JUST A LITTLE BIT MORE.

WE DIDN'T WANT TO USE MID-TOWN TIRZ FUNDING SO WE ASKED THE SPURS TO STEP UP AND SPEND ADDITIONAL FUNDING IN ACQUISITION FOR LAND, THEY ARE PROVIDING $30 MILLION ON THE FRONT END FOR THAT. AND WE'RE ACTUALLY GOING TO GET A RENOVATION TO THE ARENA WITHIN 15 YEARS OF OPERATION.

SOMETHING I WISH WE HAD NEGOTIATED FOR OURSELVES IN THE ALAMODOME AS WELL.

THIS IS A GREAT WAY TO HAVE THE ARENA FULLY BEING OPERATED BY THE SPURS.

THAT'S HOW IT'S BEING FUNDED AND PAID FOR. LET'S TALK ABOUT THE NEXT QUESTION, HOW DOES THE COMMUNITY BENEFIT. THIS IS SOMETHING THAT WE HAVE TALKED SO MUCH ABOUT THAT THE COMMUNITY HAS TO BENEFIT FROM THIS DEAL.

SO WE WENT BACK AND SAID, ERIK, PLEASE NEGOTIATE AND SEE WHAT WE CAN GET OUT OF THE COMMUNITY BENEFITS AGREEMENT AND WE GOT $75 MILLION, MORE THAN WHAT WAS INITIALLY OFFERED. $2.5 MILLION A YEAR. I TRIED TO FIND ANOTHER ARENA DEAL WHERE THAT WAS THE AMOUNTS PLEDGED AND I COULDN'T FIND IT.

I FOUND COMMUNITY BENEFITS AGREEMENT THAT DIDN'T HAVE DOLLARS ATTACHED BUT GOALS AND THIS ONE HAS SPECIFIC DOLLARS ATTACHED TO THEM. IN ADDITION, THERE'S TWO THINGS IN THE TERM SHEET THAT I WANTED TO CALL OUT. ONE IS IT'S GOING TO BE PUBLIC INPUT ON THE ACTUAL DESIGN OF THE ARENA. SOME OF THE FOLKS CAME AND SAID IT'S SUPER IMPORTANT THAT THIS AREA REPRESENTS OUR CULTURAL HERITAGE, AND SO ALLOWING FOR THAT PUBLIC INPUT IS GOING TO MAKE IT NOT JUST LOOK LIKE ANOTHER BUILDING THAT COULD BE IN VEGAS. THE NEXT PART IS THEY ARE COMMITTING TO A PIER TO PIER MENTORSHIP PROGRAM. THIS IS ACTUALLY IMPORTANT AND IS A SIGNIFYING EFFECT ABOUT HOW THEY CARE FOR OUR SMALL BUSINESSES AND LOCAL CONTRACTORS. LASTLY, THE BIGGEST BENEFIT IS $1.4 BILLION OF MIXED USE DEVELOPMENT THAT WOULD NOT OCCUR IF NOT FOR THIS DEAL. THERE WAS AN ARTICLE ABOUT THE HEMISFAIR DEAL AND I'M SORRY TO SAY IT TOOK SO LONG TO GET ONE HOTEL OFF THE GROUND OVER THERE, AND THIS IS GOING TO GUARANTEE THIS DEVELOPMENT OCCURS WITHOUT US HAVING TO NEGOTIATE WITH ONE DEVELOPER AT A TIME. THAT'S $276 MILLION OF REVENUE FOR SALES AND H.O.T. TAX. THOSE DOLLARS HELP FUND OUR PUBLIC ARTS. THEY HELP FUND ALL OF THE ENTITIES THAT ARE DOING SUCH

[04:40:01]

USE DEVELOPMENT WILL ACTUALLY OCCUR. IN A LOT OF PREVIOUS DEALS THAT'S BEEN THE BIGGEST ISSUE IS THERE'S THESE GRAND DEVELOPMENT DEALS THAT NEVER HAPPEN. THIS IS THE KICKER. THE SPURS ARE ACTUALLY GOING TO GUARANTEE THAT $500 MILLION IS CONSTRUCTED AT THE SAME TIME THAT THE ARENA IS BUILT. AND IF THAT IS NOT INTO PLAY, THEN WE DON'T ACTUALLY ISSUE THE DEBT AND THIS DEAL DOESN'T GO THROUGH. SO IT IS A STRONG CONTINGENCY UPON GETTING THIS DEAL OFF THE GROUND. IN ADDITION, THERE'S ANOTHER THING THAT WAS HIGHLIGHTED FROM ONE OF THE SPEAKERS TODAY TO ME THAT THERE'S A FORCE MAJEURE CLAUSE THAT'S STRONGER THAN A FORCE MAJEURE CLAUSE IN THE TERM SHEET. WE KNOW IF THERE'S A PANDEMIC AND DELAYS, WHAT HAPPENS. THEY STILL HAVE TO MAKE THE PAYMENT.

THEY DON'T GET AN OUT IF THERE IS A DELAY. THERE IS AN OPTION WHERE THEY ARE MAKING THE PAYMENTS ON TIME AND AFTERWARDS A DEVELOPMENT OCCURS BECAUSE OF A DELAY AND THERE'S A SURPLUS, A REIMBURSEMENT COULD OCCUR.

BUT EVEN IF THERE IS A RECESSION, EVEN IF THESE TARIFFS GO UP, THEY ARE STILL RESPONSIBLE FOR GUARANTEEING THAT PAYMENT, WHICH IS SUPER CRITICAL AND NOT SEEN IN ANY OTHER DEAL. WHEN I ASKED SOME OF THE FOLKS IF THEY HAD SEEN THIS KIND OF DEAL BEING STRUCTURED BY A SPORTS TEAM AROUND THE COUNTRY, AND IT HASN'T BEEN. THE REASON WHY WE DON'T WANT JUST THAT $2 BILLION TO GO TRAIT TO THE ARENA IS BECAUSE WE DON'T HAVE THAT MIXED USE AGREEMENT.

THE NEXT QUESTION, WHAT WOULD A NEW ANALYSIS SHOW. MY COLLEAGUES KNOW I WAS DEBATING BACK AND FORTH WHAT COULD WE LEARN FROM A NEW ECONOMIC ANALYSIS.

I RECENTLY SAW A STAFFER FROM THE ECONOMIC DEVELOPMENT DEPARTMENT IN OUR CITY. SO WE SPENT THE WEEK AND DID A SIDE BY SIDE ANALYSIS OF WHAT CSL DID FOR THE 76ERS AND WHAT STONE DID FOR THE SPURS.

ASIDE FROM THE PLANNED MEETING TO UP THEIR VISUAL GAME, THERE'S SOME SIMILARITIES IN THE DEAL INCLUDING THE BENEFITS OF A TWO-ARENA -- IF THE CITY CAN HANDLE TWO ARENAS. SO WHEN I LOOKED AT THE MARKET COMPARISON AND I LOOKED AT SOME OF THE DIFFERENCES IN THE STUDIES, WHAT I REALIZED WAS IF A NEW STUDY WAS DONE AND THE STONE ANALYSIS SAYS WE'LL GET 5400 NEW JOBS FOR CONSTRUCTION IN THIS ARENA, IF A NEW ANALYSIS SAYS 4500, DOES THAT IMPACT WHETHER OR NOT THIS IS A GOOD FINANCIAL DEAL FOR OUR COMMUNITY? IT DOESN'T.

THAT'S WHY WE HAVE THE DATA THAT WE NEED TO MOVE FORWARD ON THE TERM SHEET TODAY.

THE NEXT QUESTION THAT WE HEARD A LOT IS WE'RE HEADING INTO A GENERAL FUND DEFICIT, WHY AREN'T THE SPURS HELPING WITH THAT. I GRAPPLED WITH THIS IDEA TOO. IF WE ASK EVERY BUSINESS THAT'S COMING TO SAN ANTONIO TO HELP PAY FOR ALL OF OUR GENERAL FUND NEEDS, WE'LL NEVER GET BUSINESSES COMING AND KNOCKING TO OUR DOOR. IN FACT, WE HAVE AN ECONOMIC INCENTIVE POLICY SO WE CAN INCENTIVIZE FOLKS TO DO THAT. THAT'S WHY IT'S NOT POSSIBLE IN THIS. WE HAVE TO MAKE SURE WE DON'T CREEP WHAT A PUBLIC-PRIVATE PARTNERSHIP LOOKS LIKE. CAN'T START DIPPING INTO OUR COMPANIES' PROFITS. WHAT ABOUT OUR STREETS AND SIDEWALKS.

I CARE ABOUT MAKING SURE WE HAVE SAFE PASSAGEWAY TO SCHOOLS.

JUST BECAUSE THIS DEAL DOESN'T HAPPEN DOESN'T MEAN EVERY ONE OF MY NEIGHBORHOODS GET A SIDEWALK. THIS DEAL DOES NOT CHANGE WHETHER OR NOT WE CAN GET STREETS OR SIDEWALKS FOR ALL OF OUR SINGLE NEIGHBORHOODS.

I'M ALMOST OUT OF TOWN AND I'M GOING TO QUICKLY GO THROUGH THE LAST QUESTIONS.

WHO ARE THE TEAM OPERATES ON THIS PROJECT? THE WINNINGEST TRIO IN NEBRASKA HISTORY IS TIM DUNCAN, MANU GINOBILI AND TONI PARKER.

WE'VE GOT A WINNINGEST TRIO, THE CITY, COUNTY AND OUR LOCAL SPURS.

AND EACH OF US HAS COMMITTED TO THIS COMMUNITY THE POSSIBILITY FOR WHAT THIS COULD CREATE INCLUDING ALL OF IN THE SAN~ANTONIO SPURS TEAM, ALL OF OUR AMAZING PLAYERS THAT CONTINUE TO GIVE BACK LIKE SHAUN. YOU WILL CATCH HIM THERE SUPPORTING OUR KIDS BECAUSE THAT'S THE KIND OF LEADERS THAT WE HAVE.

WHAT IS THE COMMUNITY THINK IS IMPORTANT? WE DID DO SOME COMMUNITY ENGAGEMENT. I AGREE, COMMUNITY ENGAGEMENT IS NOT OVER YET AND THAT'S WHY ABLE CITY HAS BEEN CONTRACTED TO DO MORE WORK FOR THE COMMUNITY BENEFITS AGREEMENT IN PARTICULAR BECAUSE THAT WAS NOT THE FOCUS OF THIS LAST SESSION. SO WE HAVE TO CONTINUE THE COMMUNITY ENGAGEMENT EFFORT PARTICULARLY WITH THE CITY-COUNTY TASK FORCE THAT CAN ACTUALLY PROVIDE INPUT IN THE ONLY ON TO THE COMMUNITY BENEFIT AGREEMENT BUT ALSO THE REDEVELOPMENT IN AREAS OF THE EASTSIDE WHERE THE COUNTY IS GOING TO BE FUNDING.

HOWEVER, WHAT THE COMMUNITY HAS SAID, OVER 50% OF PEOPLE THAT RESPONDED TO THE

[04:45:01]

80% SAID THE SPURS ARE INTEGRAL TO OUR CULTURE AND RESIDENTS CONTINUALLY REITERATED THAT AFFORDABLE HOUSING AND TRANSPORTATION IS REALLY IMPORTANT.

SO DOES A VOTE TODAY ACTUALLY MAKE THIS DEAL A DONE DEAL? YES, THAT IS NOT TRUE. THIS IS A NON-BINDING TERM SHEET THAT AT ANY POINT WE COULD WALK OUT OF AND WHAT'S MOST IMPORTANT IT'S THE MOST DEMOCRATIC WAY TO HAVE OUR COMMUNITY VOTE ON THIS BY VOTING IN NOVEMBER ON A TERM SHEET THAT WE FEEL HAS LIMITED CITY'S FINANCIAL RISKS. THANKS, MAYOR.

>> MAYOR JONES: COUNCILMEMBER VIAGRAN. >> VIAGRAN: THANK YOU, MAYOR. THANK YOU FOR ALL THOSE WHO CAME OUT TO SPEAK, ALL THOSE WHO UNDERSTAND WHERE WE SIT, UNDERSTAND THAT THIS COUNCIL AND THE COUNCIL BEFORE WORKED REALLY HARD ON THIS IN THE CONVERSATION THAT WE DO.

ONE THING AS A CITY COUNCILMEMBER THAT WE LOOK TOWARDS THAT I HAVE LOOKED TOWARDS AS A RESIDENT OF SAN ANTONIO FOR OVER 50 YEARS, I'VE BEEN HERE IN SAN ANTONIO AS LONG AS THE SPURS HAVE BEEN HERE. IS THE ONE THING I'VE LEARNED THROUGH THIS IS BASE CLOSURES AND LOSING COMPANIES AND THEIR HEADQUARTERS. AND WHILE WE'RE TALKING ABOUT AN ARENA, I AM TALKING ABOUT A BUSINESS THAT HAS A HEAD QUARTERS HERE, AND THAT IS THE SAN ANTONIO SPORTS AND ENTERTAINMENT HOLDINGS, LLC. I AM TRYING TO KEEP A HEAD QUARTERS HERE IN SAN ANTONIO, IN ADDITION TO GROW THIS CITY.

SO WE'RE AT A CROSSROADS, AND WE HAVE COME WHERE WE HAVE A PROPOSED PARTNERSHIP WITH THE SAN ANTONIO SPURS THAT COULD ADD, ADD TO THE TRANSFORMATION OF OUR YOU DOWNTOWN AND STRENGTHENING OUR LOCAL ECONOMY, WITHOUT BURDENING THE LOCAL TAXPAYERS OR DIVERTING RESOURCES FROM CITY SERVICES.

FOR MONTHS WE ASKED THE QUESTION WHAT WILL IT COST TO MOVE FORWARD.

NOW WE HAVE THE ANSWERS AND IT'S TIME TO ASK SOME MORE IMPORTANT QUESTIONS.

WHAT WILL WE LOSE IF WE DON'T. THE SPURS HAVE CONTRIBUTED DEEPLY OVER THE DECADES AND HAVE BECOME INTERTWINED WITH THE CULTURE AND COMMUNITY.

THE OTHER QUESTION IS HOW DO WE EXPLAIN THE LOSS TO OUR COMMUNITY, CULTURE AND LOCAL ECONOMY IF THE SPURS LEAVE AND RELOCATE. IN 1993, A GROUP OF INVESTORS GOT TOGETHER BECAUSE THERE WAS A CHANCE WE COULD LOSE THE SPURS.

THEY GOT TOGETHER, PETER'S DAD SAT ON THAT GROUP OF INVESTORS, AND THEY WORKED TO KEEP THE SAN ANTONIO SPURS HERE IN SAN ANTONIO. IN 1996, THE HOLT FAMILY WOULD WORK TO GET A BIGGER INVESTMENT IN THE SAN ANTONIO SPURS TO CONTINUE TO ENSURE THAT. YESTERDAY IN AN INTERVIEW WITH ERNIE ZUNIGA, HE ASKED ME IF EVER -- HE COULDN'T REMEMBER THE LAST TIME WE WERE THERE, AND I SAID I REMEMBER THE LAST TIME, IT WAS 1993. AND I WORRY AT EVERY TIME THE NBA COMES AND TALKS ABOUT EXPANSION OR MOVING TEAMS. I WORRY ABOUT IT EVERY TIME SOME CITY THAT DOESN'T HAVE AN NBA TEAM BUILDS A NEW ARENA. SO THESE ARE THE THINGS THAT WE WORRY ABOUT, AND RIGHT NOW VERY SIMILAR TO WHAT MY COUNCIL COLLEAGUE SAID IS WE HAVE THIS HISTORIC OPPORTUNITY FOR THE BEXAR COUNTY COMMISSIONERS, THE SPURS, AND THE CITY OF SAN ANTONIO TO COME TO THE TABLE AND MOVE FORWARD. LET ME MAKE IT CLEAR, WE ARE NOT AT THE TABLE. THIS TERM SHEET WOULD GET US AT THE TABLE.

WE ARE LOOKING AT THE TABLE, WE KNOW THERE'S A TABLE, THERE'S A SEAT AT THE TABLE FOR US, BUT WE ARE NOT THERE YET. THE THINGS THAT HAVE BEEN REQUESTED TODAY, THE ULTRA ACCESSIBILITY, THE UNION JOBS, THE FAIR DEALS, THE HASHING OUT OF THE CBA, THE COMMUNITY BENEFITS AGREEMENT, THAT HAPPENS WITH THIS VOTE TODAY WHEN WE DIRECT ERIK AND BEN TO GO AHEAD AND MOVE FORWARD AND ACTUALLY START NEGOTIATIONS AFTER WE GET VOTES DONE IN NOVEMBER BY BEXAR COUNTY AND THE CITIZENS OF SAN ANTONIO. WE ARE AT THE BEGINNING. THIS DEAL STILL HAS A

[04:50:02]

SO WHAT I'M LOOKING FORWARD WITH WHAT I HAVE HERE, THE INFORMATION THAT I HAVE HERE, THE BELIEF THAT I HAVE, THE TRUST THAT I HAVE IN MY CITY MANAGER, IN THE CITY TEAM AND IN BEN GORZELL WITH OVER 30 -- I'LL JUST SAY 30-PLUS YEARS OF EXPERIENCE, AND THE FACT HE CAN GET US TO REALLY GOOD RATINGS HERE IN SAN ANTONIO, THAT HE IS GOING TO BRING ME A TERM SHEET THAT IS IN THE BEST INTEREST OF THE CITY OF SAN ANTONIO AND IN THE BEST INTEREST OF MOVING US FORWARD.

AGAIN, I'VE -- WE'VE DONE THIS SPEECH THREE TIMES. WE CAN AGREE TO DISAGREE, YOU EITHER TRUST THIS TEAM SITTING IN FRONT OF ME WITH THE CITY OF SAN ANTONIO, YOU TRUST THE SPURS, OR YOU DON'T. I TRUST THE SPURS.

I KNEW I'VE ASKED THE QUESTIONS. FOR THE LAST FOUR YEARS, I KNEW MY COUNCIL COLLEAGUES BEFORE ASKED THE QUESTIONS. WE NEVER NOT LIVE WITH THE RISK THAT SOMEBODY WILL COME AND TRY AND TAKE OUR SAN ANTONIO SPURS.

WE KNOW THAT. THIS IS THE BEGINNNG OF THE PROCESS.

IT'S 489 MILLION. WE'VE LOOKED AT THE BREAKDOWN OF HOW IT LOOKS.

WE NEED TO MOVE IT FORWARD AS IS TODAY AND WE NEED TO START NEGOTIATING AND LOOKING AT A REAL CONTRACT. BUT WHAT I DID HEAR IS WE HAVE -- WE HAVE QUESTIONS ABOUT WHAT IT'S GOING TO LOOK LIKE DOWNTOWN. SO AT THIS TIME I'D LIKE TO BRING SOMEONE FROM THE SPURS, BOBBY, IF YOU WANT TO COME UP.

DO YOU COMMIT TO GOING INTO CITYWIDE NEIGHBORHOOD ASSOCIATIONS AND MEETING WITH THEM AND EXPLAINING TO THEM WHAT THIS IS GOING TO LOOK LIKE?

>> YES, COUNCILWOMAN, FOR THE RECORD, AFTER -- IMMEDIATELY AFTER PASSAGE, WE'LL BE REACHING AUTOMAKER TO YOUR OFFICES AND COORDINATING STAKEHOLDER MEETINGS, NEIGHBORHOOD MEETINGS TO CONTINUE TO SHARE AND CAMPAIGN, QUITE

FRANKLY, A CAMPAIGN WILL START. >> VIAGRAN: THANK YOU.

THANK YOU, BOBBY. AND THEY ARE GOING OUT -- AND IF ANOTHER GROUP DOES ANOTHER ANALYSES AND PAYS FOR IT THEMSELVES AND THERE'S A DAYBREAK, I'M SURE THIS -- DEBATE, I'M SURE THEY WILL DEBATE IT, BUT AT THIS POINT WEIGH NEED TO LET THE VOTERS DECIDE UNDERSTANDING IN A THE CITY IS AT THE TABLE.

THAT THE CITY HAS MADE THIS COMMITMENT. OF $489 MILLION, TO MOVE FORWARD AND TO KEEP THE SAN ANTONIO SPURS. THE SPURS ARE THE ANCHOR.

AS SAN ANTONIO'S WORLD CHAMPION TEAM, THEIR CONTRIBUTIONS TO OUR CULTURE AND OUR ECONOMY, THE HISTORY, THE MEMORIES WE WANT TO MAKE ABOUT GOING DOWNTOWN, CELEBRATING, HAVING MEMORIES, I HAVE PARENTS FROM THE HEMISFAIR ARENA THAT REMEMBER THAT. GRANDPARENTS THAT WANT TO SHARE THAT WITH THE NEXT GENERATION. WE NEED THE FULL COOPERATION FROM BOTH THE SAN ANTONIO SPURS HOLDINGS, THE COUNTY AND THE CITY OF SAN ANTONIO. RIGHT NOW TODAY WITH THIS VOTE, WHAT I WANT TO SAY IS YOU HAVE THE COOPERATION OF THE CITY OF SAN ANTONIO MOVING FORWARD. IF WE GET INTO THIS PROCESS AND AT ANY TIME THE VOTERS SAY NO, AND THERE WILL BE TWO VOTES, ONE IN NOVEMBER, ONE REGARDING THE BONDS, THEN WE -- THAT'S WHERE IT STOPS. BUT RIGHT NOW WE HAVE TO SAY WE'RE THERE. WE HAVE TO SAY WE'RE IN. I HEARD SO MANY PEOPLE SAY WE ALL LOVE THE SPURS, WE ALL LOVE THE SPURS. BUT DO YOU REALLY? THE THING IS, SHAUN, I'M GOING TO CALL THEM SHAUN LIKE I KNOW HIM PERSONALLY.

SHAUN, MANU, DAVID, TONI, TIM. YOU HAVE A COMPANY THAT THESE -- SHAUN WORKED FOR THIS COMPANY AND DECIDED AND SAID THIS IS HOME.

AND THEY CAME BACK HOME. OTHER THAN THE CITY OF SAN ANTONIO, WHO HAS 35 YEARS,

[04:55:05]

WE WILL LOSE SIGNIFICANTLY IF WE LOSE THE SPURS. ONE OF THE SPEAKERS SAID 20 YEARS SEATTLE HAS BEEN WAITING FOR AN NBA TEAM AFTER THE SUPERSONICS LEFT.

I WENT UP AND SAW THAT STADIUM. AND THEY ARE WAITING.

AND BECAUSE THEY KNEW I WAS FROM SAN ANTONIO, THEY THOUGHT IT WAS CUTE AND SAID LOOK AT THIS LOCKER ROOM WE HAVE FOR AN NBA BASKETBALL TEAM.

AND THAT WAS HARD. AND MY HEART SUNK A LITTLE. AND THEN PEOPLE TALK ABOUT VEGAS, AND THEN MY HEART SINKS A LOT. BUT WE HAVE A COMMITMENT, WE HAVE A TERM SHEET ON THE TABLE. I THINK IT'S TIME WE MOVE FORWARD. I THINK IT'S TIME WE HAVE CONVERSATIONS.

I'M TAKING THE MEETINGS WITH THE UNIONS TO SEE WHAT YOU ALL NEED, AND AS WE GO INTO CONVERSATIONS ABOUT THAT, YOU CAN BET I'M GOING TO BE LOOKING FOR YOUR INTEREST.

YOU CAN BET I'M GOING TO BE LOOKING FOR LOCAL INTEREST, BUT RIGHT NOW WHAT WE NEED

TO DO IS VOTE YES AND MOVE THIS FORWARD. >> MAYOR JONES:

COUNCILMEMBER SPEARS. >> SPEARS: I WANT TO THANK EVERYONE FOR THEIR PRESENTATION. SORRY, GUYS. THANK YOU VERY MUCH FOR THE PRESENTATION. LAST NIGHT I DID SPEAK TO MY CONSTITUENTS AND TOLD THEM THAT I'M LISTENING TO THEM. THEY'VE BEEN REACHING OUT AND I'VE BEEN HEARING FROM BOTH SIDES. AND THEY HAVE SOME QUESTIONS AND IT'S CLEAR THE ME THERE'S A REAL MISUNDERSTANDING ABOUT THIS WHOLE DEAL.

I'M INTERESTED IN ASKING THEIR QUESTIONS ON THEIR BEHALF.

ERIK, CAN YOU EXPLAIN -- I KNOW A LOT OF THIS HAS BEEN MENTIONED TODAY, BUNDLE UP TO DO IT ON MY OWN FOR MY CONSTITUENTS FOR CLARITY. ERIK, WHAT IS THE PRACTICAL URGENCY TODAY ON WHY WE MUST MAKE THIS DECISION ON THE TERM SHEET?

>> WALSH: THANK YOU, COUNCILWOMAN. SO THE ITEM IS ON THE AGENDA TODAY, BUT BEYOND THAT, I THINK IT'S IMPORTANT TO GIVE SOME CONTEXT.

AND IT GOES BACK TO THE MOU THAT THE CITY, THE COUNTY AND THE SPURS SIGNED EARLIER IN THE SPRING. BACK WHEN THE COUNCIL APPROVED OUR PORTION OF THAT IN FEBRUARY, THAT AGREEMENT WAS EXECUTED IN APRIL AND THERE WERE TWO MAJOR TAKE-AWAYS AS AN ORGANIZATION THAT WE NEEDED TO TACKLE.

ONE WAS ENGAGEMENT, WHICH LED TO THE CONTRACTING WITH ABLE CITY AND THE SESSIONS AT THE END OF JUNE AND JULY. AND THE SECOND WAS BEGIN PUTTING TOGETHER A FUNDING FRAMEWORK ON OUR END WHILE THE COUNTY WAS GOING THROUGH THEIR OWN ANALYSIS FOR VENUE TAX. THAT TIME LINE THAT WE COMMITTED TO WAS JULY.

SO WE HAVE BEEN WORKING ALONG THAT PATH SINCE THEN. AND THEN IT WAS REAFFIRMED BY THE COUNCIL ON AUGUST 6TH. AND SO, YOU KNOW, OBVIOUSLY I THINK THAT TODAY'S AGENDA ITEM ORIGINALLY WASN'T POSTED ON FRIDAY.

THE TERM SHEET WAS SUBSTANTIALLY COMPLETED BASED ON THE EMAIL I SENT TO YOU ALL ON FRIDAY. AND THEN OVER THE WEEKEND SUNDAY EVENING SPECIFICALLY AS I SAID IN MY EMAIL ON FRIDAY, WE WERE GOING TO -- BOTH SIDES WERE GOING TO RELOOK AT THE TERM SHEET AND AND THEN WE ADDED IT TO THE AGENDA BASED ON SEVERAL CALLS I RECEIVED.

SO ORIGINAL TIME LINE THAT WE SHARED WITH THE COUNCIL AT THE END OF JULY DURING THE SPECIAL SESSION AS WELL AS THE AUGUST 6TH PRESENTATION WAS TO BRING YOU ALL THAT TERM SHEET BY THE END OF AUGUST. AND SO IN KEEPING WITH THE ORIGINAL TIME LINE THAT WE WORKED ON -- BECAUSE AGAIN, THE COUNTY WAS GOING TO BE DOING THEIR OWN ANALYSIS IN PARALLEL. SO THAT'S WHERE WE'RE AT

TODAY. >> SPEARS: SO TO BE CLEAR, THE VOTERS ARE GOING TO GO ON NOVEMBER 4TH AND VOTE ON THE COUNTY'S PORTION OF THE VENUE TAX THAT WOULD GO

TOWARDS THE ARENA, REGARDLESS OF WHAT WE DO. >> WALSH: YES, THE COUNTY

HAS CALLED THAT ELECTION. >> SPEARS: SO IF WE DON'T HAVE A TERM SHEET DONE, OUR RESIDENTS WILL NOT HAVE ADEQUATE INFORMATION ON WHAT OUR PORTION LOOKS LIKE AT THE CITY BEFORE THEY GO TO THE POLLS ON NOVEMBER 4TH, IF WE DON'T DO A TERM SHEET.

>> WALSH: I MEAN I'VE RECEIVED QUESTIONS ABOUT WHAT IS THE REST OF THE

[05:00:04]

>> SPEARS: OKAY, AND SO REGARDING THE $489 MILLION, THE PORTION THAT WE'RE RECEIVING FROM THE STATE, WHAT ARE THE RESTRICTIONS ON THOSE FUNDS AND WHERE ARE

THEY COMING FROM AT THE STATE? >> WALSH: SO THE PROJECT FINANCE ZONE DOLLARS ARE COMING FROM THE INCREMENTAL STATE HOTEL TAX WITHIN THE THREE-MILE RAID YES, SIR OF THE ZONE THAT WAS CREATED BY COUNCIL EARLIER IN THE YEAR.

IT IS PRIMARYRY HOTEL TAX AND THE INCREMENT THAT WOULD NORMALLY GO TO THE STATE FOR THEIR BUDGET, IT DOES INCLUDE SOME SALES AND LIQUOR-RELATED TAX WITHIN

THOSE HOTELS, WITHIN THAT ZONE. >> SPEARS: OKAY, SO I WANT TO BE ABUNDANTLY CLEAR THAT THESE DOLLARS CANNOT BE USED ON CITY PROJECTS IN OUR NEIGHBORHOODS LIKE DRAINAGE AND STREETS AND POTHOLES, AND THAT NONE OF OUR CORE SERVICES CAN BE -- NONE OF THESE FUNDS CAN BE USED TOWARDS ANY OF OUR CORE

SERVICES AROUND THE CITY. >> WALSH: NO, MA'AM, YOU ARE CORRECT.

THE PROJECT FINANCE ZONE THAT WAS CREATED BY THE COUNCIL AND AUTHORIZED -- AUTHORIZED BY THE STATE AND CREATED BY THE COUNCIL AUTHORIZES THREE PROJECTS,

THE CONVENTION CENTER, THE ALAMODOME, AND AN ARENA. >> SPEARS: OKAY.

SO I WANT TO ASK ABOUT THE ARENA. WE'RE GOING TO BE THE ONES OWNING THE ARENA, BUT THE SPURS ARE GOING TO MAINTAIN THE OPERATIONS AT THE ARENA

AND THE UPKEEP, REPLACEMENTS OF EQUIPMENT, ALL OF THAT. >> WALSH: YES, MA'AM.

AND THE SPURS ARE RESPONSIBLE OVER THE TERM OF THE LEASE FOR OPERATIONS AND MAINTENANCE OF THAT FACILITY. AND IT WILL BE CITY-OWNED OR

A CITY ENTITY. >> SPEARS: OKAY. AND THEN THE CITY INFRASTRUCTURE BOND, THAT'S A COMPLETELY SEPARATE PROJECT FROM WHAT WE'RE

TALKING ABOUT TODAY? >> WALSH: YES, MA'AM. AND I EXPECT THAT WE WOULD BEGIN TALKING ABOUT THAT WHEN WE -- AT OUR BUDGET WORK SESSION NEXT WEEK ON DEBT MANAGEMENT AND CAPITAL. I THINK AS I SHARED WITH THE BUDGET PRESENTATION LAST WEEK, THAT IS A MUCH LONGER PROCESS AND ISN'T CONTEMPLATED TO BE PART OF YOUR BUDGET CONVERSATIONS, BUT WE'LL INITIATE THAT. I THINK THERE'S BEEN A LOT OF TALK OVER THE SUMMER ABOUT INFRASTRUCTURE NEEDS IN GENERAL, AND WE'LL BEGIN TO -- WE'LL INITIATE THAT CONVERSATION FROM YOU ALL ON WHETHER OR NOT YOU WANT TO PURSUE A MUNICIPAL BOND PROGRAM NEXT WEEK WHICH WILL THEREAFTER HAPPEN PRETTY

QUICKLY IN SEPTEMBER. >> SPEARS: OKAY. SO I KNOW THIS HAS BEEN MENTIONED SEVERAL TIMES, BUT THIS TERM SHEET IS NOT BINDING, SO IF SOMETHING SUBSTANTIALLY DIFFERENT OR NEW COMES TO LIGHT THAT WILL AFFECT THIS PROJECT OR INFLUENCE OUR POSITION, WE CAN ADDRESS THESE CONCERNS AND WORK WITH THE SPURS ON ANY OF THOSE ISSUES THAT ARE UNKNOWN AT THIS TIME THAT MIGHT COULD COME UP?

>> WALSH: SURE. I MEAN, AND I'M GOING TO GIVE -- ANDY CAN CORRECT ME FROM A LEGAL STANDPOINT OR ADD FROM A LEGAL STANDPOINT, BUT THE TERM SHEET IS THE FRAMEWORK OF ALL THE OTHER DEALS AND AGREEMENTS THAT NEED TO COME TO COUNCIL IF THE VOTERS APPROVE THE COUNTY ITEM. AND WE SHARED WITH YOU SEVERAL PRESENTATIONS BACK THERE ARE ABOUT SEVEN OR EIGHT DIFFERENT AGREEMENTS THAT LET BACK TO THE DEVELOPMENT, BACK TO THE FINANCING, THAT ALL HAVE TO COME TO COUNCIL BEFORE ANYTHING HAPPENS. WE'RE NOT GOING TO -- WE'RE NOT GOING TO -- THE CITY STAFF IS NOT GOING TO SPEND A LOT OF TIME ON THOSE UNTIL WE KNOW THE RESULTS OF NOVEMBER, BUT THE PURPOSE OF THE TERM SHEET WAS, ORIGINALLYLY CONTEMPLATED EARLIER IN THE YEAR, WAS THAT BOTH PARTIES KNEW WHAT THE OBLIGATIONS WERE, BOTH PARTIES KNEW WHETHER OBJECTIVES WERE ACHIEVED.

DO I THINK THAT IF SOMETHING CHANGES TO THE DETRIMENT OR AN ASPECT OF THE DEAL OR THE FRAMEWORK CHANGES, I THINK IT GIVES US THE ABILITY TO CERTAINLY GO BACK AND COME BACK AND REPORT TO YOU ALL THAT THERE'S BEEN AN ADJUSTMENT AND GIVE YOU RECOMMENDATIONS ON HOW TO PROCEED. BUT IT IS NON-BINDING, BUT I THINK IT WAS IMPORTANT FROM A STRATEGIC STANDPOINT AND NEGOTIATION STANDPOINT,

[05:05:01]

MAKE. >> SPEARS: OKAY. >> SEGOVIA: THIS IS GOING TO BE UNUSUAL, BUT THE LAWYER IS GOING TO GIVE A SHORTER ANSWER.

THE ANSWER IS YES, IF NEW CONDITIONS OR INFORMATION ARISE, WE CAN PUT THAT AS

PART OF THE NEGOTIATIONS. >> SPEARS: OKAY. I THINK MY BIGGEST CONCERN ABOUT THIS IS THE FACT THAT IF WE PAUSE OR DELAY THIS TERM SHEET TODAY, THE VOTERS ARE GOING TO GO TO THE POLLS NOVEMBER 4TH WITHOUT REAL INFORMATION ABOUT WHAT THE CITY IS LOOKING AT DOING ON THIS PROJECT, THE ENTIRE PROJECT.

RIGHT NOW -- AND THEY ARE GOING TO GO AND BE VOTING ON THE VENUE TAX THAT COUNTY'S PORTION OF THIS PROJECT WITHOUT KNOWING ANYTHING ELSE.

AND SO I KNOW AFTER ASKING THAT QUESTION WE CAN STILL CONTINUE TO COLLECT INFORMATION AND GET ECONOMIC ANALYSIS EVEN AFTER TODAY IF WE PROCEED WITH THE TERM SHEET. I DO LIKE THE IDEA OF PROCEEDING WITH HOSTING THE TWO TOWN HALLS IN EACH DISTRICT TO HELP INFORM VOTERS, GET INFORMATION ON WHAT THEY THINK -- HOW THE CBA SHOULD BE SPENT IN THE CITY AND EXPLAIN THESE COMPLICATED FUNDING MECHANISMS THAT ARE ATTACHED.

IT'S CLEAR TO ME THAT OUR CITIZENS THINK THIS MONEY CAN BE SPENT IN THEIR NEIGHBORHOODS AND IT SIMPLY CAN'T. AND SO -- I GUESS THAT'S ALL

I HAVE TO SAY RIGHT NOW. >> MAYOR JONES: COUNCILMEMBER WHYTE.

>> WHYTE: THANK YOU, MAYOR. ERIK, BEN, LORI, THANK YOU TO ALL OF YOU FOR YOUR HARD WORK ON THIS. NOT TODAY, NOT OVER THE PAST FEW WEEKS, NOT OVER THE PAST FEW MONTHS, AND IT'S IMPORTANT TO NOTE, YOU KNOW, TO THE FOLKS THAT ARGUE THAT THIS HAS BEEN RUSHED, THIS HAS BEEN WORKED ON SINCE 2023. WE HAD OUR FIRST PUBLIC HEARING ON THIS OVER A YEAR AGO. SO THERE'S BEEN A LOT OF WORK DONE ON THIS, AND AS WE ALWAYS SAY, RIGHT, CITY COUNCILS, YES, WE'RE IN A NEW TERM NOW, BUT WE BUILD OFF THE WORK OF EACH OTHER. AND I THINK ACTUALLY ALMOST EVERYONE UP HERE EITHER AT THE CITY COUNCIL LEVEL, THE STAFF LEVEL, THE COUNTY LEVEL, WE'VE ALL BEEN INVOLVED IN WORKING ON THIS FOR WELL OVER A YEAR. SO I DO WANT TO THANK ALL MY COLLEAGUES FOR THAT AND CITY STAFF AS WELL. WHAT WE HAVE HERE TODAY, THERE'S REALLY ONE DECISION THAT WE HAVE TO MAKE TODAY, AND IT'S DO WE WANT TO SEND THE VOTERS TO THE POLLS IN NOVEMBER WITH OR WITHOUT ALL OF THE TERMS OF THIS -- OF THIS DEAL. AND IT'S VERY, VERY CLEAR TO ME THAT IT WOULD BE UNFAIR FOR THE VOTERS TO GO TO THE POLLS WITHOUT THE DETAILS. AND LET'S TALK ABOUT EXACTLY WHAT THOSE DETAILS ARE. AND I'M NOT GOING TO SPEND A BUNCH OF TIME ON IT BECAUSE THEY'VE BEEN SAID HERE ON MULTIPLE OCCASIONS. IT'S THE VISITORS THAT ARE GOING TO PAY ARENA. IT'S THE SPURS THAT ARE GOING TO PAY FOR THIS NEW ARENA. AND IT'S THOSE PROJECT FINANCE ZONE DOLLARS, RIGHT? IT'S THAT STATE SALES TAX WHICH THE TEXAS LEGISLATURE HAS SAID THAT ONLY SELECT CITIES IN TEXAS CAN USE FOR ENTERTAINMENT VENUES LIKE THIS. AS MY COLLEAGUE SAID THE OTHER NIGHT AND I'M GOING TO STEAL HER LINE, IT'S EITHER WE USE IT OR LOSE IT, IT GOES BACK TO THE STATE.

WE'RE GOING TO HAVE A CITY-OWNED ARENA THAT'S GOING TO BE FINANCED IN THAT MANNER. NOW, THERE'S BEEN A LOT OF CONFUSION, RIGHT? IS THIS AN EITHER/OR, RIGHT? IS IT STREETS, SIDEWALKS AND DRAINAGE IN ALL THE OTHER DISTRICTS IN OUR CITY, OR THE STADIUM. AND IT'S NOT.

THIS IS NOT AN EITHER/OR. THE MONEY THAT'S GOING TO BE USED TO FINANCE THIS ARENA IS GOING TO BE USED THERE OR NOT GOING TO BE USED AT ALL. WHEN WE TALK ABOUT ALL THE OTHER NEEDS IN OUR CITY, AND THEY ARE MANY, WE NEED TO DO A BETTER JOB THAN WE HAVE BEEN WITHIN OUR BUDGET TO FOCUS ON THE INFRASTRUCTURE NEEDS AND ALL THE OTHER THINGS THAT WE NEED TO DO AS A CITY TO TAKE CARE OF OUR RESIDENTS.

SO THIS IS NOT AN EITHER/OR SCENARIO. THIS IS NOT MONEY COMING OUT OF OUR GENERAL FUND THAT COULD BE USED OTHER PLACES IN THE CITY.

FRANKLY, THE WHAT IF GAME HAS TO STOP. EVERYBODY WILL RECALL THREE WEEKS AGO THERE WAS A DISCUSSION UP ON THE DAIS, WHAT IF THE STADIUM IS MORE THAN $1.3 BILLION, WHAT IF IT'S 1.5? THEN THE CITY WOULD BE IN

[05:10:01]

THE WHAT IF GAMES HAVE TO STOP. WE NEED TO FINALIZE THE DEAL SO THAT WHEN THE PUBLIC GOES TO THE POLLS IN NOVEMBER, THEY'VE GOT ALL OF THE INFORMATION THEY NEED TO MAKE THEIR DECISION. AND I AM VERY, VERY THANKFUL THAT IT IS GOING TO BE THE PUBLIC THAT WILL GET TO MAKE THAT DECISION IN NOVEMBER, BECAUSE THAT IS HOW IT SHOULD BE. BUT WE'VE GOT TO GET THEM ALL THE INFORMATION. NOW, I'M GOING TO TELL YOU THIS.

THE LAST COUPLE OF WEEKS I DON'T BELIEVE HAVE BEEN GOOD FOR THE CITY.

I AGREE, I'VE HAD SO MANY PEOPLE REACH OUT AND SAY, MAN, WHAT'S GOING ON OVER THERE. BUT I'M HERE TO TELL YOU THAT I'M NOT WORRIED ABOUT IT BECAUSE EVERYBODY, THE MAYOR, MY COLLEAGUES THAT DISAGREE WITH ME, EVERYBODY IS ENTITLED TO THEIR OWN OPINIONS ON THIS. AND THE POINTS THAT THE MAYOR HAS RAISED, I'M APPRECIATIVE OF THOSE. THEY ARE WELL TAKEN, AND EVERYBODY DESERVES TO HAVE A VOICE HERE. BUT WE HAVE AN OPPORTUNITY THROUGH THIS PROJECT TO DO SOMETHING SO GOOD FOR ALL OF SAN ANTONIO, FOR EVERY CITIZEN IN ALL FOUR CORNERS OF THIS CITY. I SAY IT ALL THE TIME, MUNICIPAL GOVERNMENT, WE'VE GOT TO TOMORROW -- WE'VE GOT TO FOCUS, STAY IN OUR LINE.

IT'S ABOUT PUBLIC SAFETY, INFRASTRUCTURE AND ECONOMIC DEVELOPMENT.

THE PROJECT WE'RE TALKING ABOUT TODAY IS ECONOMIC DEVELOPMENT, AND THERE IS NO DOUBT IN MY MIND THAT HAVING AN ARENA DOWNTOWN WITH THE OVER BILLION DOLLAR OF GUARANTEES THE SPURS HAVE MADE IN TERMS OF DEVELOPING AROUND THAT ARENA, THERE IS NO DOUBT WE WILL HAVE AN ECONOMIC DEVELOPMENT SUCCESS RIGHT HERE IN SAN ANTONIO'S DOWNTOWN. AND ASIDE FROM THAT, WHEN WE ALL TALK ABOUT THESE ECONOMIC ANALYSES THAT WE'RE LOOKING FOR, I HONESTLY DO NOT BELIEVE THAT THERE IS AN ECONOMIC ANALYSIS OUT THERE THAT CAN TRULY VALUE THE SAN ANTONIO SPURS WORTH TO SAN ANTONIO. THERE'S ONLY 30 OF THESE FRANCHISES IN THE UNITED STATES OF AMERICA. WE HAPPEN TO BE LUCKY ENOUGH TO HAVE THE BEST ONE.

[APPLAUSE] THIS IS A TEAM, THIS IS AN ORGANIZATION THAT WINS ON THE COURT, THEY WIN OFF THE COURT, AND THEY HELP SAN ANTONIO WIN IN SO MANY AREAS OF [INAUDIBLE]. AND IN THIS PARTICULAR NEGOTIATION, WHAT I'VE SEEN OVER THE PAST COUPLE OF YEARS IS THEY HAVE ACTED IN GOOD FAITH AND AS A PARTNER IN THIS PROCESS. AND THERE'S NO BETTER EVIDENCE OF THAT THAN WHEN WE LOOK AT, YOU KNOW, WHO IS PAYING FOR WHAT PERCENTAGE OF THIS PROJECT, THAT THE SPURS ARE IN IT FOR OVER 50% OF THIS DEAL. 75 DAYS FROM TODAY, IF MY MATH IS RIGHT, THE VOTERS ARE GOING TO THE POLLS. NO MATTER WHAT, THEY ARE GOING TO THE POLLS IN 75 DAYS. AND WE HAVE HEARD MULTIPLE TIMES FROM STAFF AND FROM THE SPURS THEMSELVES THAT THAT VOTE IS GOING TO DETERMINE WHETHER OR NOT THIS PROJECT MOVES FORWARD. IT'S DEMOCRACY IN ITS PUREST FORM. AND IT'S OUR JOB TO MAKE SURE THAT THE CITIZENS HAVE ALL THE INFORMATION BEFORE THEY GO AND TAKE THAT VOTE. THERE WAS A QUESTION FROM ONE OF THE CITIZENS TO BE HEARD ABOUT COUNCIL, MY COLLEAGUES' WILLINGNESS TO

[05:15:07]

WE'VE HEARD ALREADY A COMMITMENT FROM THE SPURS THAT THEY ARE GOING TO COME OUT INTO OUR COMMUNITIES ON MULTIPLE OCCASIONS AND THEY ARE GOING TO TALK TO OUR RESIDENTS ABOUT THE TERMS OF THE DEAL AGAIN SO THAT OUR RESIDENTS FEEL COMFORTABLE AND HAVE ALL THE INFORMATION TO MAKE THEIR DECISION IN NOVEMBER.

AFTER TODAY, WE'VE GOT TO COME BACK TOGETHER, FOLKS. I THINK THIS HAS BEEN A HARD COUPLE OF WEEKS FOR SAN ANTONIO AS THEY'VE WATCHED THIS DISCUSSION.

AND AGAIN, EVERYONE IS ENTITLED TO THEIR OPINIONS AND TO VOICE THEIR -- VOICE THEIR THOUGHTS ON THIS, BUT WE'VE GOT TO COME BACK TOGETHER AFTER THIS.

WE ARE BETTER WHEN WE DO THINGS TOGETHER. AS COUNCIL COLLEAGUES, WE ARE BETTER WHEN WE ARE TOGETHER, WHEN WE'RE WORKING HAND IN HAND WITH STAFF, WHEN WE'RE WORKING WITH OUR COMMUNITY PARTNERS LIKE THE SPURS AND THE OTHER FOLKS IN THE BUSINESS COMMUNITY AND IN OUR NEIGHBORHOODS. TOGETHER WE CAN MAKE A

BETTER SAN ANTONIO. LET'S VOTE YES ON ITEM 5. >> MAYOR JONES: COUNCILMAN

GALVAN. >> GALVAN: THANK YOU, MAYOR.

THANK YOU TO EVERYBODY WHO CAME OUT TODAY AND WHO HAS BEEN VOICING THEIR OPINIONS ABOUT THIS FOR OR AGAINST, DELAY OR NOT DELAY, ALL THE FOLKS ONLINE, ALL THE FOLKS WHO HAVE EMAILED OR CONTACTED MY OFFICE. IRRELEVANT SPEND MOST OF MY TIME REACHING OUT SAYING IF YOU CAN'T CATCH ME, YOU CAN ALWAYS REACH OUT TO US.

I'M GLAD TO SEE MANY RESIDENTS HAVE BEEN DOING THAT.

I SPOKE TO A RESIDENT WHO WAS WATCHING LAST NIGHT AT 9:00 P.M.

IT'S A BIG CONVERSATION, A BIG QUESTION FOLKS HAVE, PEOPLE ARE PASSIONATE BUT ALSO INTERESTED TO SEE WHERE THIS CONVERSATION LANDS. THEY WANT TO HEAR SOME OF THESE PIECES ABOUT WHAT COULD THE INDEPENDENT ECONOMIC ANALYSIS REALLY PROVIDE. THEY WANT TO SEE THIS GO FORWARD.

SOME PEOPLE DON'T WANT TO SEE IT GO FORWARD AT ALL. I APPRECIATE EVERY RESIDENT IN DISTRICT 6 AND THROUGHOUT THE CITY WHO HAS BEEN EXPRESSING THEIR OPINIONS.

IT'S ALWAYS IMPORTANT WE HAVE MORE ENGAGEMENT AND I HOPE WE CONTINUE TO PROVIDE THAT SPACE FOR EVERY KIND OF DECISION WHETHER IT'S FOR BUDGET, LARGER ECONOMIC DEVELOPMENT PROJECTS OR OTHER PIECES TOO. I WANT TO SHARE THE SAME SENTIMENT I BELIEVE I HEARD FROM COUNCIL COLLEAGUE IN DISTRICT 9 ABOUT GOING FORTH WITH AN INDEPENDENT ECONOMIC STUDY AS WELL AS CONTINUED WORK WITH TOWN HALLS IN OUR DISTRICT. I THINK IT'S IMPORTANT TOO TO MAKE SURE WE'RE NOT TOWING THE LINE TOO MUCH WITH CAMPAIGNING FOR WITH MAKING SURE WE'RE GETTING INFORMATION OUT THERE. SO I STILL WANT TO MAKE SURE WE HAVE THOSE CONVERSATIONS.

MY RESIDENTS HAVE BEEN ASKING FOR THAT AS WELL. EAGER TO WORK WITH ALL THE FOLKS HERE, WITH OUR PARTNERS AT THE CITY, WITH THE SPURS AS WELL AS FOLKS AT THE CITY TO MAKE SURE WE HAVE THOSE CONVERSATIONS THAT ARE FRANK TO ANSWER QUESTIONS THAT ARE OUT THERE STILL. I DO WANT TO ASK A COUPLE QUICK THINGS. I WASN'T SURE WHO TO ASK THIS FROM, I GOODES THE SPURS. HOW MANY PART-TIME EMPLOYEES TO THE SPURS CURRENTLY

EMPLOY AT THE FROST BANK CENTER? >> COUNCILMAN, THANK YOU FOR THE TIME. BOBBY PEREZ. PART-TIME, PROBABLY 700 TO

1,000 DEPENDING UPON THE SEASON. >> GALVAN: THAT'S AT THE

STADIUM, CURRENT ARENA. >> ALL ACROSS THE ORGANIZATION, YES.

>> GALVAN: DO YOU KNOW HOW MANY AT THE FROST BANK CENTER?

>> PROBABLY DEPENDS ON THE EVENT. BUT LIKE WE HAD A SOCCER MATCH LAST NIGHT, WE HAVE EVENTS GOING ON THIS WEEKEND AND KIND OF DEPENDS WHAT THE SEASON IS LIKE. THAT'S APPROXIMATELY THE NUMBER.

>> GALVAN: THANK YOU. I THINK IT'S HELPFUL AS WE GO FORWARD WITH THESE CONVERSATIONS THAT WE MAKE SURE WE'RE LOOKING AT WAYS TO INCREASE PART-TIME WAGES THE BEST WE CAN. I REALLY DO APPRECIATE WITHIN THE CURRENT TERM

[05:20:04]

TODAY IS THE VOTE ON THE NON-BINDING AGREEMENT. IF THERE IS A YES VOTE IN NOVEMBER AND COMMUNITY SUPPORTS THE VENUE TAX, WILL THIS COME BACK TO COUNCIL TO DISCUSS WHAT THE FINAL APPROVAL WILL LOOK LIKE

COUNCIL REQUESTS A CHANGE? >> WALSH: SO I THINK THE ANSWER IS BOTH, COUNCILMAN.

THERE ARE DEFINITIVE AGREEMENTS THAT NEED TO BE NEGOTIATED THAT WILL NEED TO BE WORKED ON DEPENDING ON THE OUTCOME OF THAT VOTE. THOSE ALL HAVE TO COME TO COUNCIL FOR APPROVAL. I WOULD ANTICIPATE THAT AS WE DEVELOP THOSE AND NEGOTIATE THOSE, CONVERSATION WITH THE COUNCIL.

>> GALVAN: GREAT. GOOD TO KNOW. I WAS GOING TO ASK, ON THE CITY ENTITY PIECE OF OWNING THE ARENA, DO WE HAVE IN MIND WHAT THAT WOULD LOOK LIKE? SIMILAR TO CONVERSATION ABOUT THE MISSIONS STADIUM

OR -- >> WALSH: SIMILAR. IT WOULD BE A LOCAL GOVERNMENT CORPORATION, SIMILAR TO THAT. MAY LOOK A LITTLE DIFFERENT.

THAT'S ONE OF THE ACTIONS THAT THE COUNCIL WOULD NEED TO TAKE NEXT YEAR.

>> GALVAN: THAT'S GREAT. I WANT TO MAKE SURE WHO WAS GOING TO BE ON ALL THESE PIECES. GREAT. I THINK I ASKED THIS BEFORE AND I WANT TO JUST MAKE SURE I GET THE SAME ANSWER. OR IF THERE'S ANY NEW INFORMATION ABOUT IT. UNDER THE CURRENT FINANCIAL STRUCTURE, WILL THE BONDS THAT ARE USED FOR THE ARENA, OF COURSE UNDERSTAND THEY ARE BACKED BY TIRZ DOLLARS, WILL THEY IMPACT OUR GENERAL BONDS WE TYPICALLY USE FOR INFRASTRUCTURE AND OTHER

PIECES? >> WALSH: NO, SIR. >> GALVAN: GREAT.

HAS THE CITY DONE ANY KIND OF FINANCIAL PROTECTIONS OVER THE ANTICIPATED REVENUE FROM THE -- OR FOR OUR GENERAL FUND RELATED TO THE ADJACENT DEVELOPMENT AND THE

STADIUM -- OR THE STADIUM? >> WALSH: AS RELATES TO DEBT CAPACITY.

>> GALVAN: TO THE GENERAL FUND REVENUE, HAVE WE DONE ANY FINANCIAL PROTECTIONS ON THE ARENA OR THE DOWNTOWN DEVELOPMENT SPECIFICALLY, HOW THAT WOULD IMPACT OUR

GENERAL FUND. >> WALSH: BEYOND THE IMPACT IN THE CSL REPORT ON -- THERE'S A COLUMN THAT TALKS ABOUT SALES TAX. THAT'S MADE UP OF BOTH

H.O.T. TAX AND SALES TAX, BEYOND THAT, NO. >> GALVAN: I GUESS THE

QUESTION IS DOES THE CITY CONFER WITH THE -- >> WALSH: THAT'S THEIR PROJECTION, BUT THERE'S MORE WORK WE'LL NEED TO DO. SEVERAL OF YOU TALKED ABOUT ON TUESDAY DURING THE FIRE, NEEDS ASSESSMENT, IT SHOULD INCORPORATE WHAT ARE THOSE POTENTIAL IMPACTS AS THE CITY CONTINUES TO GROW OUT WARDS, BUT BOTH INWARD AS WELL AS DEVELOPMENT INTERNAL TO THE CORE. ALL OF THOSE ASPECTS WILL

NEED TO BE LOOKED AT AS WE GET CLOSER. >> GALVAN: WILL WE SEE

THOSE AS WE GO THROUGH? >> WALSH: THERE'S A MENTION IN THE TERM SHEET

ABOUT IMPACT ON SAFETY -- >> MAYOR JONES: PLEASE STOP THE TIME WHILE ERIC IS

SPEAKING. >> WALSH: THOSE ARE THINGS WE NEED TO CONTINUE TO WORK

OUT WITH THE SPURS. >> GALVAN: GREAT. THANK YOU.

I WAS GOING TO ASK ABOUT INDIRECT COSTS, TO THAT'S HELPFUL.

I THINK THOSE ARE ALL MY QUESTIONS AT THE MOMENT. YEAH.

THANK YOU. THANK YOU, MAYOR. >> MAYOR JONES:

COUNCILWOMAN GONZALEZ. >> GONZALEZ: THANK YOU, MAYOR.

THANK YOU TO EVERYONE THAT IS HERE TODAY. BEEN HERE THE LAST -- WHAT NOW? THANK YOU EVERYBODY THAT'S HERE TODAY.

WE'VE BEEN HERE FOR QUITE A WHILE AND THANK YOU TO EVERYONE THAT'S WATCHING THAT CALLED OUR OFFICE. I HAD MY LAST CONVERSATION ABOUT THIS ITEM AT 10:00 P.M. LAST NIGHT. SO EVERYBODY'S VOICES HAVE BEEN HEARD AND I WANT YOU TO KNOW FOR ME I'VE HEARD EVERYONE HERE THROUGH EMAILS, THROUGH PHONE CALLS.

THIS HAS BEEN A GREAT INVESTMENT OF TIME, ENERGY AND RESOURCES TO GET US WHERE WE ARE TODAY. THANK YOU TO THE CITY STAFF, THE SPURS ORGANIZATION, THE GENERAL PUBLIC AND MY COLLEAGUES FOR TAKING PART IN THIS CRITICAL DISCUSSION ON WHAT WILL NO DOUBT HAVE A LASTING IMPACT ON OUR COMMUNITY.

I'M BORN AND RAISED IN SAN ANTONIO. I GREW UP DOWN THE STREET ON

[05:25:07]

WE ALL WANT TO CREATE A CITY WHERE FAMILIES AND BUSINESSES CAN GROW AND THRIVE AND FOR GENERATIONS TO COME. I'M SUPPORTING ITEM 5 BECAUSE THIS IS THE FIRST STEP TO REALIZING THE POTENTIAL OF A DEAL AND FINALIZING AN AGREEMENT. APPROVING THIS RESOLUTION ENSURES THAT SAN ANTONIO REMAINS COMPETITIVE WITH OTHER MAJOR CITIES INVESTING IN DOWNTOWN ARENAS AND ENTERTAINMENT DISTRICTS. THE TOURISM AND HOSPITALITY CONTINUES TO BE PART OF OUR COMMUNITY. THE SPURS ARE NOT JUST A BASKETBALL TEAM, THEY ARE A GLOBAL BRAND AND A CORNERSTONE OF SAN ANTONIO'S IDENTITY.

THIS TERM SHEET PROVIDES THE FULL PICTURE OF HOW THIS PROJECT WILL BE FUNDED BY THE SPURS, THE CITY, AND THE COUNTY. AND BEXAR COUNTY VOTERS SHOULD BE ABLE TO CAST THEIR BALLOTS IN NOVEMBER KNOWING THAT WHAT PORTION OF THE VENUE TAX WILL COVER THIS PROJECT. EARLY VOTING STARTS OCTOBER 20TH, SO IT'S IMPORTANT THAT WE FINALIZE A TERM SHEET TO GIVE VOTERS THE INFORMATION THAT THEY NEED IN A TIMELY MANNER TO MAKE A SOUND DECISION.

MY DECISION TODAY IS GUIDED BY DATA AND FACT. IS THIS DEAL COMPLEX? ABSOLUTELY. ABSOLUTELY. AND UNFORTUNATELY A LOT OF MISINFORMATION HAS BEEN CIRCULATING IN OUR COMMUNITY.

AND I'M GLAD WE HAD COUNCILMEMBERS WITH QUESTIONS THAT CLEARED SOME OF THIS UP. BUT WHAT IS CLEAR IS THAT OUR CITY TEAM HAS DONE AN OUTSTANDING JOB STRUCTURING THIS ECONOMIC DEVELOPMENT AGREEMENT SO THAT IT DOES NOT TOUCH THE CITY'S GENERAL FUND. MY PRIORITY IS PROTECTING TAXPAYERS. NO GENERAL FUND DOLLARS, NO PROPERTY TAX INCREASES, AND NO DIVERSION OF RESOURCES AWAY FROM THE CENTRAL CITY SERVICES LIKE PUBLIC SAFETY.

THIS DEAL KEEPS RISKS TO THE CITY LOW WHILE KEEPING OPPORTUNITY HIGH.

THE MAJORITY OF THE RISK ACTUALLY LIES IN THE SPURS. I THINK WE MUST ALSO BE MINDFUL, NOT FEAR, BUT MIND. WHAT WE STAND TO LOSE AND THAT WOULD BE FAR BEYOND BASKETBALL. JOBS AND TOURISM DOLLARS AND THAT IS A RISK I'M NOT WILLING TO TAKE. I WANT TO RECOGNIZE THE IMPORTANCE OF OUR WORKFORCE COMMUNITY, CWA LOCAL 6143 WAS HERE EARLIER TODAY AND SAID IT BEST, WORKERS ARE WHO BUILD THIS. I KNOW IBEW LOCAL 60 HAS DONE WORK WITHIST SPURS AND MOST RECENTLY AT THE ROCK IN DISTRICT 8. I HEARD THE SPURS MET WITH CWA LOCAL 6143 YESTERDAY AND I'M ENCOURAGED TO SIGH WHAT THAT CONVERSATION -- SEE WHAT THAT CONVERSATION LOOKS LIKE. I WANT TO RECOGNIZE NORTHSIDE AFT THAT WAS HERE GIVING COMMENTS. IN ADDITION TO THE SPURS' 5 HUB MILLION DOLLARS INVESTMENT, THEY ADDED A COMMUNITY BENEFITS AGREEMENT WORTH $75 MILLION. I'M PROUD TO SAY MANY OF MY COLLEAGUES AND I HAVE WORKED VERY HARD IN THESE LAST TWO MONTHS, THE NEW ONES, TO INCREASE THAT FROM 30 MILLION TO $75 MILLION DURING THIS NEGOTIATION PROCESS.

MOST IMPORTANTLY THIS FUND WILL BE ALLOCATED WITH INPUT FROM THE PUBLIC.

I'M VOTING IN FAVOR OF ITEM 5 BECAUSE IT IS A STRONG STEP FORWARD IN CREATING OPPORTUNITIES FOR ECONOMIC GROWTH, INVESTMENT IN OUR DOWNTOWN AND TO CREATE SHORT AND LONG-TERM JOBS. WE ARE UNIQUELY POSITIONED TO ENSURE THIS GROWTH IS SPREAD ACROSS ALL PARTS OF OUR CITY, TO LIFT UP EVERYONE IN OUR COMMUNITY.

AND MY GUIDING PRINCIPLE THROUGHOUT THIS PROCESS HAS BEEN AND WILL CONTINUE TO BE THAT FAMILIES AND MY DISTRICT 8 RESIDENTS MUST BE ABLE TO HAVE THE BEST QUALITY OF LIFE POSSIBLE. AS I SIT HERE TODAY TO CAST ON THE SHOULDERS OF MANY GREAT LEADERS IN THIS CITY WHO HAVE TAUGHT ME THAT PUBLIC SERVICE IS ROOTED IN COLLABORATION AND TRANSPARENCY, AND I BELIEVE THE CURRENT TERM SHEET IS A BOLD AND TRANSFORMATIONAL DEAL FOR SAN ANTONIO. THANK YOU.

[APPLAUSE] >> MAYOR JONES: COUNCILMEMBER ALDERETE

GAVITO. >> GAVITO: THANK YOU, MAYOR.

THANK YOU TO EVERYONE WHO CAME OUT TODAY. ACTUALLY SO MANY OF MY TALKING POINTS HAVE BEEN TAKEN SO I'M NOT GOING TO REITERATE IT.

COUNCILMEMBER WHYTE POINTED OUT HOW THIS ISN'T AN EITHER/OR.

THE CITY CAN STILL WORK ON SIDEWALKS, ADDRESSING HOMELESSNESS, AFFORDABLE HOUSING. WHETHER OR NOT THIS TERM SHEET GETS APPROVED OR NOT.

THIS IS NOT AN EITHER/OR. WE ALSO TALK ABOUT -- COUNCILMEMBER SPEARS TALKED

[05:30:03]

THEN WE TALKED ABOUT HOW THE COMMUNITY BENEFITS AGREEMENT, THAT IS $75 MILLION THAT DIDN'T EXIST THAT IS GOING INTO OUR NEIGHBORHOODS.

THAT IS SOMETHING TO BE APPLAUDED. I'M JUST GOING TO JUST WRAP UP TO SAY THAT THIS IS OUR MOMENT TO SHOW THE CITY WHAT IS POSSIBLE WHEN WE WORK TOGETHER. I KNOW THAT WE WILL RISE TO THE CHALLENGE, I KNOW THE SPURS WILL RISE TO THE CHALLENGE, AND I KNOW THE CITY OF SAN ANTONIO WILL ALSO RISE TO THE CHALLENGE BECAUSE I BELIEVE IN SAN ANTONIO.

LET'S WORK TOGETHER AS A TEAM AND GET THIS DEAL DONE. THANK YOU.

[APPLAUSE] >> MAYOR JONES: COUNCILMAN CASTILLO.

>> CASTILLO ANGUIANO: I'M A COMMUNITY ORGANIZER AND KNOW THE TRUE VALUE OF WHAT IT MEANS TO GET YOUR VOICE HEARD. THANK YOU ALL FOR TAKING THE TIME TO SPEAK TODAY. I JUST WANT TO GIVE A FEW REASONS ABOUT WHY DISTRICT 2 WILL NOT BE VOTING FOR THIS. OUR DISTRICT 2 RESIDENTS DON'T WANT THIS.

I AM ONLY IN THIS SEAT FOR TWO MONTHS AND SINCE DAY ONE I HAVE MET WITH MANY RESIDENTS WITH MANY CONCERNS WHO VOICED TO ME THEY DON'T SEE THIS PROJECT BENEFITING OR DISTRICT. WE HAVE RECEIVED NUMEROUS CALLS TO OUR DISTRICT AND RECEIVED FEEDBACK AT TOWN HALLS. RESIDENTS ARE CONCERNED THAT WE ARE TAKING ON NEW PROMISES FROM THE SPURS WHEN THE LAST TWO DEALS ENDED WITH BROKEN PROMISES FOR OUR EASTSIDE RESIDENTS. WE ARE STILL CITY EMPTY-HANDED, UNDERFUNDED AND HOW IS IT OKAY FOR THE CITY TO JUST MOVE ON.

THE SHORT ANSWER IS IT'S NOT OKAY. THE ROLLOUT OF THIS PROJECT HAS BEEN FUMBLED. THERE ARE STILL ASPECTS OF THIS DEAL THAT ARE UNCLEAR TO THE PUBLIC. WE JUST RECEIVED THIS FINALIZED TERM SHEET A FEW DAYS AGO AND I STAYED UP UNTIL 3:00 A.M. READING IT. TODAY WAS THE FIRST TIME IT WAS PRESENTED TO THE PUBLIC. IT LACKS ANY EFFORT TO INVEST IN THE COMMUNITY AND I'M NOT SAYING I AM AGAINST THE SPURS. I'M A HUGE SPURS FAN.

I WAS TEN MONTHS OLD WHEN THE SPURS WON THEIR FIRST CHAMPIONSHIP AND MY PARENTS ALWAYS TOLD ME THE STORY THAT THEY WENT HONKING DOWNTOWN AND WERE HOLDING ME UP LIKE SIMBA JUST TO CELEBRATE. ANOTHER ISSUE, THE SPURS CAN DO MORE, OR MAYBE SOME FOLKS MIGHT ARGUE THAT THEY'VE DONE ENOUGH, BUT HOW CAN YOU KNOW? WE'VE NEVER SEEN A PROFIT AND LOSS SHEET, AND LET'S BE REAL, LOCAL OWNERSHIP ASIDE, THERE'S MORE THAN ENOUGH MILLIONAIRES AND BILLIONAIRES ON THEIR SIDE OF THE SHEET. AND I WANT TO POINT SOMETHING OUT. LISTENING TO ALL THE COMMENTS TODAY, I NOTICED SOMETHING. THE FOLKS WHO ARE ASKING US TO VOTE YES ON THIS TERM SHEET, MAJORITY WERE ALL WEARING FANCY BUSINESS SUITS, CEOS, PRESIDENTS OR HAVE BIG-PAYING JOBS. ON THE OTHER HAND, THE FOLKS ASKING US TO VOTE NO ARE MAJORITY WORKING CLASS FOLKS WHO ARE PROBABLY MISSING WORK JUST TO BE HERE.

AND I THINK THAT SPEAKS VOLUMES. I ACTUALLY DID A TALLY SHEET AND THE MAJORITY OF FOLKS WHO SPOKE TODAY WANT THE COUNCIL TO VOTE NO ON THIS ITEM. ALSO, WHAT ARE THE WORKERS AT THE SPORTS ARENA AND THE ASSOCIATED DEVELOPMENTS GETTING IN RETURN FOR OUR PUBLIC DOLLARS? ARE WE MAKING SURE TO PROTECT THE WORKING FAMILIES THAT WILL BUILD AND RUN THESE FACILITIES? NO. WE HAVE NO GUARANTEES.

AND I UNDERSTAND THAT THAT'S THE POINT OF A TERM SHEET, BUT AGAIN, IT'S NO GUARANTEES. AND THIS IS PROBABLY THE BIGGEST CONCERN.

THIS COUNCIL IS RUSHING THIS TERM SHEET WHILE WE WERE ACTIVELY DEFUNDING OUR PUBLIC LIBRARIES AND OTHER CITY SERVICES. WHILE IT'S TRUE THAT THE CITY BUDGET IS A DIFFERENT POT OF MONEY, THE RESULT IS THE SAME.

AT THE END OF THE DAY THE SPURS WILL GET THEIRS AND OUR RESIDENTS WILL HAVE LESS LIBRARIES, LESS HOME REPAIR DOLLARS AND WILL HAVE TO MAKE DUE WITH LESS.

AND I BELIEVE IF THERE'S A WILL THERE'S A WAY. AND WE HAVEN'T PUT ANYWHERE NEAR THE SAME AMOUNT OF EFFORT INTO SOLVING HOMELESSNESS OR GENERATIONAL POVERTY AS WE HAVE THIS PROJECT. AT THE END OF THE DAY, YOU DO NOT JUMP INTO A HUGE FINANCIAL DECISION WITHOUT KNOWING WHETHER YOU COULD AFFORD IT AND WHETHER THE -- SORRY, WHETHER THE OTHER SIDE COULD AFFORD TO HOLD UP

[05:35:05]

[APPLAUSE] >> MAYOR JONES: COUNCILWOMAN CASTILLO.

>> CASTILLO: THANK YOU, MAYOR. THANK YOU, CITY STAFF, FOR WORKING ON THIS INITIATIVE AS WELL AS ALL MEMBER OF THE PUBLIC WHO EXPRESSIONED THEIR POSITION WITH THIS PROPOSED TERM SHEET. I WAS JOKING AFTER HEARING SHAUN ELLIOTT SPEAK ABOUT HOW I MAY BE SWAYED. I WAS REFLECTING ON MY CHILDHOOD AND ALL MY COUSINS BEING IN THEIR NBA AND SPURS JERSEYS.

AND MAJORITY OF BOYS IN MY FAMILY SO I ALWAYS WANTED THOSE OF THOSE JERSEYS AND I WAS REFLECTING ON THE JOY THAT BROUGHT NOT JUST MY COUSINS, BUT JUST DISTRICT 5 RESIDENTS AS A WHOLE. I WAS THINKING ABOUT HOW THE KIDS AT THE SAN JUAN COMMUNITY CENTER NO NUTS WHETHER THEY SEE THE COYOTE COME INTO THE COMMUNITY CENTER AND REFLECTING ON THE WORK AT JIMMY FLORES PARK, THAT HAS FELT LONG NEGLECTED EXTREMELY GRATEFUL FORRIST INVESTMENTS IN THE CITY OF SAN ANTONIO.

I WAS JUST THINKING ABOUT THE WAYS IN WHICH OFTENTIMES COMMUNITIES IN DISTRICTS LIKE MINE OFTENTIMES HAVE TO RELY ON WITH THIS CONVERSATION ABOUT MOVING FORWARD, I'M HEARING THE RESPONSE IN TERMS OF WE HAVEN'T HAD AN ANALYSIS IN TERMS OF HOW THIS WILL IMPACT THE CITY'S GENERAL FUND, AND AS FOLKS HAVE HIGHLIGHTED, WHAT THE PROPOSED 2026 BUDGET, WE ARE SEEING REDUCED HOURS WITH SERVICES AT OUR PARKS, AT OUR LIBRARIES. WE ARE SEEING CITY STAFF ABSORB ADDITIONAL ROLES ALL BECAUSE WE KNOW WE'RE FACING A DEFICIT. IN A COUPLE OF MONTHS, WE ARE GOING TO HAVE THE SAN ANTONIO POLICE OFFICERS ASSOCIATION COME TO NEGOTIATE A CONTRACT AND WE KNOW WE ARE GOING TO BE FACING THIS DEFICIT IN THE NEXT FEW YEARS, AND NOT TO HAVE THE NUMBERS IN TERMS OF HOW THIS IS GOING TO IMPACT CITY SERVICES IS A DISSERVICE AND FISCALLY IRRESPONSIBLE BECAUSE WE OWE IT TO OUR CITY EMPLOYEES, OUR FIRST RESPONDERS, TO ENSURE THAT WE ARE IN THE BEST POSITION TO MAKE SURE THAT THEY GET THE CONTRACTS THAT THEY DESERVE. AND I BELIEVE THAT WITH THE CURRENT TERM SHEET, THERE'S A COUPLE OF PIECES THAT HAVE NOT MET MY EXPECTATIONS, BUT THESE ARE ANALYSES THAT I BELIEVE WE CAN CONTINUE TO CONDUCT. FOR EXAMPLE, I KNOW IT CAN'T BE INCLUDED IN THE TERM SHEET BUT WHAT I EXPECT FROM CITY STAFF IS FOR US TO CONDUCT A DISPLACEMENT ANALYSIS. IF WE'RE GOING TO USE TIRZ DOLLARS TO FACILITATE ANY PIECE WITHIN THIS TERM SHEET, THERE ARE DISPLACEMENT REQUIREMENTS WITHIN THE TIRZ, SO THAT'S SOMETHING THAT I WOULD LIKE TO SEE, HOW THIS IS GOING TO IMPACT SURROUNDING NEIGHBORHOODS. WHILE THERE'S NOT ANY DIRECT DISPLACEMENT, THERE WILL BE INDIRECT DISPLACEMENT AND AGAIN, THIS IS SOMETHING THAT WE HAVE SEEN EVIDENT IN OVER 130 ACADEMIC STUDIES THAT HAVE ANALYZED SPORTS STADIUMS ALL THROUGHOUT THE UNITED STATES. AND THAT WAS ONE OF THE CONCERNS WHILE I WAS SUPPORTIVE OF THE ADDITIONAL INDEPENDENT ANALYSIS, I AGREED WITH PETER HOLT IN THAT NOTHING WOULD CHANGE, BECAUSE WHAT WE KNOW, IT'S EVIDENT IN THE LITERATURE THAT OFTENTIMES WITH THESE INVESTMENTS, WE DON'T SEE A RETURN ON INVESTMENT, BUT I DO RECOGNIZE THAT THE PUBLIC WOULD LIKE TO SEE THAT ADDITIONAL STUDY.

WHILE IT WASN'T SUCCESSFUL AND HOPEFUL AS THE TERM SHEET MOVES ALONG, THERE IS OPPORTUNITY AS THE COUNCILWOMAN AND I KNOW COUNCILMAN MUNGIA HAS BEEN ADVOCATING FOR, TO CONTINUE TO HAVE COMMUNITY ENGAGEMENT. I KNOW THE SPURS HAVE COMMITTED TO THAT AS WELL. JUST TO ENSURE WE ARE GETTING UPDATES ON WHERE THINGS ARE WITH THE TERM SHEET AND THE COMMUNITY BENEFITS AGREEMENT. WHAT I NEED TO SEE, AND WHAT MAKES ME FEEL UNCOMFORTABLE ABOUT MOVING THIS FORWARD, ISN'T NECESSARILY AGAIN, THE TERM SHEET. IT HAS TO DO WITH CITY COUNCIL NOT HAVING INFORMATION ON HOW THIS IS GOING TO IMPACT THE CITY'S GENERAL FUND.

AS THE MAYOR HAS MENTIONED, AND AS I HAVE MENTIONED AND HIT ON BEFORE, YOU KNOW, US HAVING THIS TERM SHEET, IT'S HW IT'S GOING TO IMPACT OUR UTILITIES.

THERE'S A FULLY FUNCTIONAL SAWS COOLING PLANT DOWN THE STREET AND IT WOULD COST ROUGHLY $80 MILLION TO $90 MILLION TO RELOCATE. WE HAVEN'T RECEIVED THE NUMBERS TO UNDERSTAND, IS THIS SOMETHING THAT THE GENERAL PUBLIC'S GOING TO HAVE TO SUBSIDIZE THROUGH INCREASED RATES. WITHOUT THOSE ANSWERS, I DON'T FEEL COMFORTABLE MOVING FORWARD WITH WHAT'S IN FRONT OF US TODAY.

ALL THAT TO SAY, I DO WANT TO HIGHLIGHT THE GREAT WORK OF THE SAN ANTONIO SPURS TEAM FOR BEING ACCESSIBLE TO OUR OFFICE, ENSURING WE ARE BROUGHT UP TO SPEED AND OF COURSE, PUTTING FORTH A COMMUNITY BENEFITS AGREEMENT. WHAT YOU ALL HAVE DONE IS LED, I BELIEVE, IN TERMS OF WHAT A CBA CAN LOOK LIKE BY ONE, MEETING WITH LABOR

[05:40:02]

IT'S LIKELY GOING TO REQUIRE ADDITIONAL POLICE OFFICERS AND OVERTIME TO SUPPORT THOSE EVENTS AT THE PROPOSED SPORTS DISTRICT. FURTHER, WHO WILL BE REQUIRED TO MAINTAIN THE SPORTS DISTRICT? WILL THOSE BE PARKS EMPLOYEES? ARE WE GOING TO HAVE TO HIRE MORE? ARE WE GOING TO HAVE TO PAY OVERTIME TO ENSURE THAT THESE AREAS ARE BEING MAINTAINED? AND WITHOUT ANSWERS TO THESE QUESTIONS, I DON'T FEEL COMFORTABLE MOVING FORWARD, BECAUSE I CAN'T TELL MY CONSTITUENTS THAT THEIR LIBRARY IS GOING TO CLOSE A LITTLE BIT EARLIER, THAT THEIR FITNESS CLASS IS NO LONGER GOING TO BE AT THEIR COMMUNITY CENTER, ALL WHILE WE ARE MOVING FORWARD WITH AN ITEM THAT IS GOING TO IMPACT THE CITY'S GENERAL FUND. WHILE WE DON'T UNDERSTAND THE AMOUNT, IT IS GOING TO IMPACT THE OVERALL BUDGET, NEXT BUDGET. AGAIN, EXTREMELY GRATEFUL TO THE SPURS FOR THEIR LEADERSHIP, FOR ALL COMMUNITY MEMBERS, BUT THERE'S MISSING INFORMATION THAT I BELIEVE WITHOUT IT, I WOULD BE FISCALLY IRRESPONSIBLE IN MEETING THE NEEDS OF MY CONSTITUENTS. THANK YOU, MAYOR.

>> MAYOR JONES: TO CLARIFY, AN INDEPENDENT ECONOMIC IMPACT ASSESSMENT WOULD INCLUDE ANALYSIS OF IMPACT TO GENERAL FUND. WERE YOU STILL SUPPORTIVE OF THAT INDEPENDENT ASSESSMENT? YOU DID? THANK YOU.

COUNCILMAN MUNGIA? >> MUNGIA: THANK YOU, MAYOR. I HAVE BEEN FOLLOWING THIS STORY, WELL, THE NEWS ARTICLES AND SOCIAL MEDIA, AND THERE WAS AN ALLEGATION AND A CHARGE MADE AGAINST ME AND I JUST WANT TO TAKE THE TIME TO ADDRESS THAT, AND THAT IS THAT I AM NOT SPURS JESUS. THERE WERE COMMENTS AND THERE WERE TAGS SAYING THAT I WAS SPURS JESUS. I DID NOT QUESTION THE MAYOR OUTSIDE. IT WAS NOT -- WE'RE NOT SWITCHING PLACES TODAY SO I JUST WANT TO MAKE SURE PEOPLE UNDERSTAND THAT. SO LIKE SO MANY OF MY COLLEAGUES, YOU KNOW, WE WERE UP LATE LAST NIGHT. I LEFT CITY HALL AT 10:30 P.M.

CALL GRACILA AT 7:30 P.M. WE HAD A VERY GOOD CONVERSATION.

MY WILLINGNESS TO BE OUT WITH THE COMMUNITY HAS BEEN SHOWN. I HAVE NEVER RUN AWAY FROM A RESIDENT ON ANYTHING I HAVE DONE BEFORE, EVEN AS A STAFFER, AND THAT WILL CONTINUE TO BE THE CASE. A LOT OF FOLKS THAT REACHED OUT, MOSTLY IN OPPOSITION, RESPECT THEIR OPINION, LEARNED SOMETHING NEW MOST OF THE TIME WHEN I EXPLAINED EVERYTHING, WHEN I READ THE TERM SHEET. THE TERM SHEET, THE DRAFT WAS POSTED ON MY SOCIAL MEDIA SO RESIDENTS IN MY DISTRICT HAD ACCESS TO READ THAT AND QUESTION CERTAIN PARAMETERS OF THAT. FOR MY DISTRICT, WE WILL CONTINUE TO HAVE PUBLIC MEETINGS SPECIFICALLY ON PROJECT MARVEL, SO NO MATTER WHAT HAPPENS TODAY, THAT'S IMPORTANT. I THINK WHAT'S ALSO IMPORTANT AND ALL MY COLLEAGUES KNOW THAT I HAVE BEEN ASKING THEM TO SUPPORT THIS AS WELL, IS THERE'S STILL VALUE IN AN INDEPENDENT ECONOMIC STUDY, NO MATTER WHAT HAPPENS TODAY.

THERE ARE OTHER DECISION POINTS THAT WILL BE MADE ALONG THIS PROCESS.

THERE'S THAT VOTE IN NOVEMBER. THERE IS A FUTURE BOND PROGRAM THAT RESIDENTS WILL VOTE ON. AND THAT'S IMPORTANT TO HAVE.

SO I WOULD ASK ERIK TO WORK ON THAT. WE HAVE THE SUPPORT.

AGAIN, IT'S, YOU KNOW, THERE'S A CERTAIN COST OF COURSE WITH DOING A WHOLE NEW ANALYSIS, BUT THAT COST BUYS US MORE THAN JUST A NEW REPORT.

IT BUYS US A LITTLE BIT MORE WITH THE COMMUNITY. I SEE THAT AND THAT HAS BEEN THE NUMBER ONE ASK FOR RESIDENTS AND I WOULD LIKE TO SUPPORT THAT EVEN WITH THE PASSAGE OF THIS TERM SHEET TODAY. ANDY, I HAVE A QUESTION FOR YOU. WE TALKED EARLIER. PARAGRAPH 16 OF THE TERM SHEET IS NON-BINDING. CAN YOU JUST GO INTO LEGAL DEFINITION OF WHAT THAT

EXACTLY MEANS? >> SEGOVIA: YES. WHAT IT MEANS IS THE TERM SHEET, AS ERIK DESCRIBES, IS THE FRAMEWORK FOR FUTURE DISCUSSIONS ON PROJECT DEFINITIVE AGREEMENTS THAT ULTIMATELY THE COUNCIL WILL HAVE TO PASS.

[05:45:03]

>> MUNGIA: SO NEXT MONTH IF A MAJORITY OF COUNCIL WANTED TO GET OUT OF THAT TERM SHEET,

WE COULD? >> SEGOVIA: YES, COUNCILMAN. >> MUNGIA: AT THE VOTE IN NOVEMBER WITH THE COUNTY WHICH THIS IS TIED TO, IF IT PASSES, THE MAJORITY OF

COUNCIL COULD STILL PULL OUT? >> SEGOVIA: CORRECT. >> MUNGIA: EVEN IF THE BOND ELECTION WERE TO PASS OR FAIL, WE COULD PULL OUT OF THIS AGREEMENT?

>> SEGOVIA: ASSUMING NO PROJECT AGREEMENTS HAVE BEEN EXECUTED AND APPROVED BY

COUNCIL. YES. >> MUNGIA: I THINK THAT'S WHY THERE'S STILL VALUE IN THE INDEPENDENT STUDY IS COUNCIL STILL HAS FLEXIBILITY TO GET OUT OF THIS. TECHNICALLY THERE IS FLEXIBILITY TO CHANGE THE PARAMETERS IF THE OTHER PARTY AGREES. AND IF THE OTHER PARTY GETS A DIFFERENT DEAL OR SITUATION, OR THEIR ECONOMIC SITUATION CHANGES, THEY ALSO, CORRECT, HAVE THE ABILITY TO PULL OUT OF AN AGREEMENT, THAT BEING THE SPURS?

>> SEGOVIA: CORRECT. THEY CAN, YES. >> MUNGIA: OKAY.

I JUST WANTED TO MAKE SURE THAT THAT'S CLEAR. AGAIN, I TALKED LAST NIGHT AND EMPHASIZED THE FACT THIS IS TIED TO A PUBLIC VOTE. THAT'S IMPORTANT.

THE TRANSPARENCY IS IMPORTANT FOR FOLKS TO KNOW WHAT IS AT STAKE, WHAT THE PARAMETERS OF THE DEAL ARE AND YOU KNOW, IT'S BEEN TALKED ABOUT, I WAS IN MIDDLE SCHOOL WHEN WE HAD DUNCAN AND GINOBILI AND TONY PARKER AND TO ALL MUNICIPAL KIDS BACK THEN, THAT WAS THE DREAM WE HAD, RIGHT. SO AS MUCH AS THERE'S A LOT OF FANFARE UP HERE THAT DOES NOT CLOUD OUR ULTIMATE JUDGMENT IN THE FINANCIAL DEAL, SO THAT'S WHY I WILL BE SUPPORTING THIS. I THINK WE'RE IN A GOOD SPOT WITH THIS.

WE HAVE THE SPURS IN A GOOD SPOT AS A NEGOTIATING PARTNER.

IT'S CONTINGENT AGREEMENT AT ANY POINT BEFORE OTHER PROJECT DEALS ARE SIGNED IF THINGS CHANGE.

THANK YOU VERY MUCH. APPRECIATE IT. >> MAYOR JONES: COUNCILMAN

GALVAN? >> GALVAN: THANK YOU, MAYOR. I JUST WANTED TO WRAP UP MY LAST COMMENTS, INSPIRED BY MY FELLOW COUNCILMAN UP HERE. WHILE I WASN'T BORN YET, FOR THAT CHAMPIONSHIP, I THINK ABOUT YOU KNOW, I HAVE BEEN A BIG CRITIC ON THIS PARTICULAR PROJECT AND I WILL CONTINUE TO BE. THERE ARE JUST SOME THINGS THAT ARE UNCHANGEABLE FOR ME IN TERMS OF LOOKING AT PAST RESEARCH ON THESE PROJECTS, BUT I WANT TO BE CLEAR TO NOT ONLY MY RESIDENTS BUT TO FOLKS WHO MAY PERCEIVE THE CONVERSATIONS UP HERE ABOUT CRITIQUING THESE PARTICULAR PROJECTS.

NO ONE UP HERE HATES THE SPURS. I THINK ABOUT IN MIDDLE SCHOOL, WAITING FOR, I WAS ON THE PHONE WITH MY MOM WHILE 2014 CHAMPIONSHIP GAME WAS BEING PLAYED, AND SHE'S WAITING IN LINE AT THE ACADEMY, ASKING IS IT DONE YET, HAVE THEY WON YET, SO I CAN GET THE CHAMPIONSHIP SHIRTS.

I'M SORRY, FOR THE WESTERN CONFERENCE FINALS. AFTER THAT, ME AND MY FRIENDS WORE OUR BEST OF THE WEST SHIRTS TO JORDAN MIDDLE SCHOOL AND WERE EXCITED TO GO INTO SUMMER AND SEE ARE THEY GOING TO WIN THIS NEXT CHAMPIONSHIP RING.

THAT HEART IS STILL THERE. THAT HEART IS THERE FOR ALL OF US.

IT REMINDS ME OF JUST WHEN YOU HAVE FAMILY IN YOUR LIFE WHO YOU LOVE AND YOU RESPECT, MAYBE YOU HAVE SOME QUESTION ABOUT THEIR DECISIONS IN LIFE, YOU STILL LOVE AND RESPECT THEM. I FEEL THE SAME WAY IN THIS CONVERSATION.

SO EVEN WITH MY CONCERNS, I WANT TO BE CLEAR THAT I'M STILL COMMITTED TO MAKING SURE THAT THIS PROJECT, IF IT GOES FORWARD TODAY, IN THE FUTURE WITH MORE FINAL DECISIONS, THAT WE MAKE A DENT IN THE GENERATIONAL POVERTY RATE WITH THIS, THAT WE MAKE QUALITY, AFFORDABLE HOUSING DOWNTOWN, WE SUPPORT OUR SMALL BUSINESSES WITH THIS, AND THAT OUR CITY INVESTMENT BRINGS A STRONG RETURN OF INVESTMENT TO OUR LARGER COMMUNITY. I'M HOPEFUL THAT THAT CAN HAPPEN.

I AM HOPEFUL THAT THIS NEW ARENA, THE NEW DEVELOPMENTS AROUND IT, AND THE NEW DISTRICT OVERALL WILL BRING THE ECONOMIC DEVELOPMENT THAT'S PROMISED.

I HOPE THIS ONE IS DIFFERENT. I HOPE IT DEFIES ALL EXPECTATIONS.

THANK YOU. >> MAYOR JONES: COUNCILMAN CASTILLO?

>> ANGUIANO: WON'T TAKE TOO LONG. JUST WANT TO ECHO SOME SUPPORT FOR WHETHER OR NOT THIS DOES GET APPROVED, I DO THINK THAT THERE STILL IS VALUE IN AN INDEPENDENT ECONOMIC STUDY. SO IF WE CAN MAKE THAT

HAPPEN, THAT WOULD BE GREAT. >> MAYOR JONES: COUNCIL MEMBER CASTILLO?

[05:50:02]

>> CASTILLO: THANK YOU, MAYOR. I HAD A COUPLE CLARIFYING QUESTIONS. I KNOW ONE OF MY COLLEAGUES ASKED SOMETHING ALONG THE LINES, CAN YOU HELP ME UNDERSTAND IN TERMS OF THE BONDS THAT THE CITY WILL BE TAKING OUT FOR THE ARENA, WHICH TYPE OF BONDS WILL BE TAKEN OUT?

>> THOSE WILL BE A REVENUE BOND TYPE ISSUE WITH THE REVENUES I LISTED ON THAT

SLIDE. >> CASTILLO: TYPICALLY THOSE ARE BACKED BY RESIDENTS'

PROPERTY TAXES? >> NO, IN THIS CASE THERE IS NO BACKING, THE FULL FAITH AND CREDIT OF THE CITY, THESE WILL BE BACKED ONLY BY AND A PLEDGE OF ONLY THE REVENUES THAT I HAVE LISTED ON THAT SLIDE. IT WAS ACTUALLY SLIDE --

>> CASTILLO: NO CERTIFICATES OF OBLIGATIONS WILL BE TAKEN OUT WITHIN THIS TERM SHEET?

>> NO. THE ARENA ITSELF IS BEING FUNDED, IF WE CAN GO BACK TO SLIDE FIVE. SO WHAT WE'RE PLEDGING TO THE REPAYMENT OF THIS DEBT IS THE ARENA LEASE, THE PROPERTY TAXES THAT ARE GENERATED INSIDE OF THE HEMISFAIR TIRZ PRIMARILY FROM THE GUARANTEED DEVELOPMENT THAT WILL BE BUILT INSIDE OF THE HEMISFAIR TIRZ, THE GROUND LEASES FROM PRIVATE DEVELOPERS INSIDE OF THAT TIRZ, AND THEN OUR PFZ REVENUES, STATE REVENUES, THE HOTEL-ASSOCIATED REVENUES. THOSE WILL BE THE REVENUES THAT WILL BE PLEDGED TO BOND HOLDERS AND THEY WILL BE USED TO REPAY THIS DEBT.

>> CASTILLO: THEN WITH THE GUARANTEE OF THE $900 MILLION IN REQUIRED DEVELOPMENT PAID COMPLETELY BY THE PRIVATE FUNDING SOURCES, WILL THAT ALSO INCLUDE THE TIRZ

INCREMENT OR IS THAT SEPARATE? >> GORZELL: YOUR QUESTION,

I'M SORRY? >> CASTILLO: THE $900 MILLION IN REQUIRED DEVELOPMENT PAID FOR BY THE PRIVATE FUNDING SOURCE? DOES THAT INCLUDE THE TIRZ FUNDING AS WELL? IS IT SEPARATE OR IN ADDITION TO?

>> GORZELL: THAT SECOND PHASE OF $900 MILLION OF GUARANTEED MIXED-USE DEVELOPMENT WILL GENERATE TAXABLE OR PROPERTY TAX REVENUE INSIDE OF THE TIRZ THAT WILL BE USED TO

REPAY THIS DEBT. >> CASTILLO: OKAY. THEN IN TERMS OF THIS TERM SHEET MOVING FORWARD AND CONVERSATIONS AROUND NEGOTIATING WHAT AFFORDABILITY WITHIN THIS MIXED-USE DEVELOPMENT CAN LOOK LIKE, IS THAT SOMETHING COUNCIL WILL DEBRIEF WHAT THE DIFFERENT PIECES AROUND THE ARENA WILL LOOK LIKE?

>> GORZELL: WE HAVE ASSUMED WITH THIS DEVELOPMENT PLAN AND THE MARKET RATE LEASES THAT THERE WOULD BE AFFORDABLE HOUSING, UNITS BUILT WITHIN THIS.

WE HAVE TALKED ABOUT OTHER OPTIONS IN TERMS OF AFFORDABLE HOUSING PLAN AROUND THE AREA THAT WE CAN CERTAINLY BRIEF YOU ON AND HAVE MORE CONVERSATION ON.

>> CASTILLO: SO IF I'M HEARING CORRECTLY, THE CURRENT TERM SHEET INCLUDES HOUSING AT THE MARKET RATE PERCENTAGE TO HELP FACILITATE THE OVERALL FUNDING STRUCTURE

OF THIS? >> GORZELL: THAT'S THE ASSUMPTION IN THE TERM SHEET,

YES, MA'AM. >> CASTILLO: NO AFFORDABLE HOUSING WITHIN THE

STRUCTURE'S MARKET RATE? >> GORZELL: WE HAVE ASSUMED MARKET RATE GROUND LEASES

WITH MARKET RATE HOUSING. >> CASTILLO: SO MY UNDERSTANDING WITH THE FEDERAL BUILDING, THE PRACTICE TYPICALLY IS TO OFFSET ANY FEDERAL ENTITY IS THAT NON-PROFITS HAVE A RIGHT OF FIRST REFUSAL. HOWEVER, MY UNDERSTANDING IS THERE WAS NOT AN APPETITE TO ACQUIRE THAT PROPERTY, AND UNDER THE ACT, IT'S A REQUIREMENT THAT HOMELESS PROVIDERS HAVE AN OPPORTUNITY TO OF COURSE PURCHASE THE PROPERTY. WE CAN'T DETERMINE OR ENCOURAGE FOLKS TO PURCHASE THAT PROPERTY, BUT I THINK WE NEED TO KEEP IN MIND THE BUDGET BRIEFING WE HAD YESTERDAY IN TERMS OF THE HOUSING CRISIS THAT WE'RE EXPERIENCING, AND I THINK IT'S CONCERNING AND I THINK WE WILL HAVE PARTNERS HOPEFULLY TO BUY DOWN AFFORDABILITY WITHIN THIS PROPOSED FUNDING STRUCTURE BECAUSE WHAT IT LOOKS LIKE IS NOW WE ARE SUBSIDIZING MORE MARKET RATE DOWNTOWN AND ALSO NATURALLY OCCURRING AFFORDABLE HOUSING DOWNTOWN AS WELL.

WE ARE SEEING TWO THINGS AT ONCE AS A CITY. WE ARE SAYING WE ARE GOING TO TACKLE AFFORDABILITY HOUSING CRISIS BUT RAISING AND NOW FUNDING A MARKET RATE STRUCTURE WHICH IS JUST IN CONFLICT OF WHAT WE WERE DISCUSSING YESTERDAY.

I JUST ENCOURAGE MY COLLEAGUES AS WE MOVE FORWARD, WE NEED TO PRIORITIZE PUBLIC HOUSING, SOCIAL HOUSING AT 30% AND BELOW IF WE REALLY WANT TO ADDRESS THE HOMELESS ISSUE WE ARE SEEING HERE IN THE CITY OF SAN ANTONIO, BECAUSE WE KNOW THAT 88% OF HOMELESSNESS IS IN CORRELATION WITH INCREASED RENTS AND PROPERTY VALUES. SO WE KNOW THAT THIS PROPOSED DISTRICT WILL BE A NEIGHBORHOOD DESTABILIZER AND IT'S JUST A TREND THAT WE HAVE SEEN ALL THROUGHOUT THE UNITED STATES. FOLKS WANT TO LIVE CLOSE TO DOWNTOWN AND WE START TO SEE MORE PREDATORY REAL ESTATE PRACTICES. JUST SOMETHING FOR MY COLLEAGUES TO SIT WITH AS WE MOVE FORWARD WITH A BOND SOONER THAN LATER, ERIK, PARTICULARLY FOR HOUSING BUT FOR INFRASTRUCTURE PIECES AS WELL.

THANK YOU, BEN. THANK YOU, MAYOR. [APPLAUSE]

[05:55:08]

>> MAYOR JONES: THANK YOU. I DID WANT TO CLARIFY ONE POINT.

THERE WAS A STATEMENT EARLIER THAT THE FIRST PUBLIC DISCUSSION ON THIS WAS OVER A YEAR AGO. IN FACT, THE FIRST PUBLICITY COUNCIL MEETING ON THIS WAS NOVEMBER OF 2024. ERIK, JUST TO CLARIFY, BECAUSE IT'S BEEN BROUGHT UP A COUPLE OF TIMES, THE FIRST BOND FOR THE INFRASTRUCTURE RELATED TO THE DOWNTOWN DEVELOPMENT, THAT 220 TO 250, THAT WOULD BE PART OF OUR INFRASTRUCTURE BOND, CORRECT?

>> WALSH: AS THE CONVERSATION THAT YOU ALL NEED TO HAVE, WE WILL INITIATE THAT NEXT WEEK, THERE ARE OTHER INFRASTRUCTURE NEEDS THAT COUNCIL MEMBERS BROUGHT UP.

I THINK PART OF THAT ALSO, MAYOR, GOES TO THE BEGINNING PART OF FORESHADOWING OUR BUDGET CONVERSATION NEXT WEEK. BUT A CHANGE IN OUR TEMPO OF EVALUATING INFRASTRUCTURE AND TAKING PROPOSALS TO THE PUBLIC IN LINE WITH THE NEW COUNCIL TERMS, BUT YES, THAT IS POTENTIALLY PART OF THE NEXT INFRASTRUCTURE BOND

PROGRAM. >> MAYOR JONES: OKAY. IT WAS ASKED EARLIER AND I WANTED TO CLARIFY THAT PIECE. IT CAN IMPACT OUR ABILITY TO FUND OTHER INFRASTRUCTURE RELATED PROJECTS IN OUR COMMUNITY. I WANT TO CLARIFY.

I HAVE APPRECIATED THE WAYS IN WHICH MY COLLEAGUES HAVE RAISED IN GENERAL THE IDEA OF PROJECT MARVEL AND AGAIN, I HAVE APPRECIATED THE CITY STAFF'S FACILITATION OF SOME CONVERSATIONS BUT TO BE VERY CLEAR, ALL OF THOSE HAVE BEEN ABSENT THE NUMBERS THAT WE HAVE BEEN PRESENTED WITH THE TERM SHEET WE JUST GOT ON MONDAY, THE NUMBERS WE JUST SAW OVER THE LAST 30 DAYS. AGAIN, THAT'S ALL RELATIVELY NEW INFORMATION.

SO I WANT TO STRESS, I THINK THERE'S A DIFFERENCE BETWEEN HAVING A DISCUSSION AND HAVING AN INFORMED DISCUSSION BEFORE ACTING ON YOUR CONSTITUENTS' BEHALF.

ERIK, UNDER THE FINANCE STRUCTURE, MAYBE IT'S BEN, UNDER THE FINANCE STRUCTURE,

WE ISSUE A REVENUE BOND TO PAY FOR THE ARENA, CORRECT? >> GORZELL: YES, THAT'S

CORRECT. >> MAYOR JONES: WOULD THAT AMOUNT BE DETERMINED BY THE

DEFINITIVE AGREEMENTS? >> GORZELL: SO THE TERM SHEET HAS US MAKING A CONTRIBUTION OF $489 MILLION TO THE ARENA SO THAT BOND ISSUE WILL BE SIZED TO GENERATE $489

MILLION TOWARDS THE CONSTRUCTION FUND. >> MAYOR JONES: OKAY.

ANDY, BY WAY OF ORDINANCE, THE CITY COUNCIL CAN PUT REVENUE BONDS TO A PUBLIC

VOTE, CORRECT? >> SEGOVIA: MAYOR, STATE LAW DOESN'T REQUIRE PUBLIC VOTE BUT CERTAINLY, THE CITY COUNCIL BY ORDINANCE CAN PUT A REVENUE BOND UP FOR PUBLIC

VOTE. YES. >> MAYOR JONES: OKAY.

IN SIMPLE TERMS, IS THAT A WAY IN WHICH SOMEBODY COULD ESSENTIALLY EXPRESS THEIR SUPPORT FOR THE CITY'S CONTRIBUTION TO THIS FINANCING DEAL?

>> GORZELL: CORRECT, MAYOR. >> MAYOR JONES: OKAY. I UNDERSTAND WE MAY NOT KNOW WHAT THAT AMOUNT MAY BE JUST YET, BUT I DO WANT TO MANAGE THE EXPECTATIONS OF MY COLLEAGUES THAT I WILL BE SEEKING THEIR SUPPORT FOR SUCH AN ORDINANCE.

THIS GIVES THE PUBLIC AN OPPORTUNITY NOT ONLY TO VOTE ON THE COUNTY'S CONTRIBUTION OF $311, BUT ON THE CITY'S CONTRIBUTION AS WELL. OKAY.

ANY OTHER COMMENTS? I THINK WE'RE THERE. ALRIGHT.

DID YOU HAVE ONE MORE THING? >> THANK YOU, MAYOR. I JUST WANTED TO COMMENT ABOUT THE HOUSING ISSUE THAT WAS BROUGHT UP AND REITERATE THE IMPORTANCE OF VOTING ON AFFORDABLE HOUSING, AND AT ALL DIFFERENT LEVELS. FIVE COUNCIL MEMBERS THIS MORNING IN CONSENT JUST GOT REAPPROVED TO THE SAN ANTONIO HOUSING TRUST.

JUST ONE OF THE BEST WAYS WE HAVE BEEN ABLE TO PUSH THE NEEDLE ON AFFORDABLE HOUSING.

IT'S ACTUALLY WHY RIGHT ACROSS THE DISTRICT, THERE ARE TWO PROJECTS RIGHT NOW THAT ARE AFFORDABLE BECAUSE OF THE HOUSING TRUST. WE NEED TO CONTINUE TO MAKE SURE WE DO THAT, NOT ONLY RIGHT ACROSS THE DISTRICT, BUT ALSO IN WAYS THAT FOLKS CAN ACCESS THE NEW ADVANCED RAPID TRANSIT WE'RE BUILDING ON THE GREEN LINE, USING TRANSIT-ORIENTED DEVELOPMENT FRAMEWORK, GET ON THE GREEN LINE, BE STAYING IN AFFORDABLE HOUSING, GET ON THE GREEN LINE AND ACCESS THE AMENITIES THAT WILL BE FREE AND ACCESSIBLE TO THE PUBLIC AT THE PARK AS WELL. I ALSO ENCOURAGE MY COUNCIL COLLEAGUES THAT WE JUST HAD A DISCUSSION TWO WEEKS AGO ABOUT AFFORDABLE HOUSING THAT WE ESSENTIALLY COULD NOT GET THROUGH AND HAD TO CONTINUE. EVERY SINGLE TIME, IF WE TALK ABOUT AFFORDABLE HOUSING, WE HAVE TO PUT OUR FOCUS ON MAKING SURE WE GET EVERY CHANCE WE CAN AT PUSHING FORWARD 30% AMI UNITS. THANKS, MAYOR.

[06:00:01]

>> MAYOR JONES: OKAY. ALL PUBLIC COMMENT AND COUNCIL DISCUSSION HAS OCCURRED ON THIS ITEM. THERE IS A MOTION AND A SECOND FOR APPROVAL OF ITEM NUMBER 5. PLEASE VOTE. [APPLAUSE]

>> MAYOR JONES: THE MOTION CARRIES. THE NEXT ITEM IS THE CITY MAN MANAGER'S REPORT. DO YOU HAVE A REPORT TODAY?

>> WALSH: NO, MA'AM, NOT TODAY. >> MAYOR JONES: THAT IS THE CONCLUSION OF OUR BUSINESS. THE TIME IS NOW 3:22 P.M. THIS MEETING IS ADJOURNED.

WE WILL RECONVENE IN 20

* This transcript was compiled from uncorrected Closed Captioning.