Jan 14, 2026 Sesión B del Consejo de la Ciudad

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>> MAYOR JONES: GOOD AFTERNOON. THE TIME IS NOW 1:03 P.M.

ON WEDNESDAY, JANUARY 14TH, 2026. HAPPY NEW YEAR, AND THE CITIED OF SAN ANTONIO B SESSION IS CALLED TO ORDER.

MADAM CLERK, PLEASE CALL ROLL.

>> CLERK: YOU, MADAM CLERK. WE'VE GOT TWO ITEMS FOR BRIEFING TODAY.

THE FIRST IS AN UPDATE ON THE PROPOSED MINOR LEAGUE BASEBALL STADIUM AND THE OTHER IS AN UPDATE ON THE SPORTS AND ENTERTAINMENT DISTRICT.

ERICS, OVER TO YOU. >> WALSH: THANK YOU, MAYOR.

GOOD AFTERNOON, MAYOR AND COUNCIL. SO THIS AFTERNOON'S PRESENTATION ARE ON TWO ITEMS, THE DOWNTOWN DISTRICT AND THE BASEBALL. EACH PRESENTATION INCLUDES AN OVERVIEW OF THE PROPOSED WORK PLANS THAT ARE UNDER WAY AND THE ANTICIPATED TIMELINES OF ALL THE MAJOR WORK EFFORTS IN EACH OF THESE AREAS, WITH A BIG FOCUS ON THE THINGS THAT WILL OCCUR LATER ON IN THE YEAR.

MUCH WORK NEEDS TO BE DONE IN THESE AREAS, GIVEN THE DEPTH AND AMOUNT OF INFORMATION INCLUDED. YOU KNOW, I THINK WHAT WE'RE GOING TO DO, AND I TALKED TO THE MAYOR'S OFFICE EARLIER, WE'RE GOING TO BREAK THIS UP INTO TWO PRESENTATIONS SO THAT WE DO -- WE -- WE SPEND TIME ON EACH ONE OF THOSE. THE OTHER PART OF THIS IS THAT -- AND I WAS GOING TO SAY IT AT THE END, BUT I'LL TAKE AN OPPORTUNITY TO SAY IT UP FRONT, YOU KNOW, THIS IS -- WE'RE GOING TO NEED TO SET A REGULAR TIME FRAME AND UPDATE TEMPO FOR THE COUNCIL AND THE PUBLIC AS WE GO FORWARD, SO IT'S ONE OF THE THINGS I WANTED TO GET SOME FEEDBACK FROM YOU ALL THIS AFTERNOON, AND THAT STARTS REALLY TODAY.

MUCH LIKE WE DO WITH THE AIRPORT IN THE SENSE THAT WE HAVE -- THERE ARE A LOT OF THINGS HAPPENING AT THE AIRPORT, NOT JUST THE TERMINAL DEVELOPMENT PLAN, BUT WE BRING THOSE TOGETHER IN A QUARTERLY FASHION TO THE COUNCIL, IF NOT SOONER. REMEMBER, FOR SOME COUNCILMEMBERS, WE DID IT MORE OFTEN EARLY ON IN THAT PROJECT, AND I DO ANTICIPATE US NEEDING TO HAVE A REGULAR EXECUTIVE SESSION CONVERSATION TO BE ABLE TO DISCUSS MATTERS OF NEGOTIATION, WHEN WE GET TO THAT POINT LATER ON IN THE YEAR, BUT I SUSPECT THAT COUNCIL WILL WANT TO HAVE SOME OF THAT CONVERSATION EARLY ON QUICKLY. SO THOSE ARE A COUPLE OF THINGS THAT -- THAT ARE -- THAT YOU SHOULD CONSIDER AS WE -- AS WE GO THROUGH THE WORK PLAN OF THESE ISSUES, AND WE'RE GOING TO START WITH THE DOWNTOWN DISTRICT

FIRST. THANK YOU. >> GORZELL: SO, GOOD AFTERNOON, MAYOR AND COUNCILMEMBERS. AS ERIK SAID, I'M GOING TO KIND OF WALK THROUGH OUR PROPOSED WORK PLAN FOR CALENDAR YEAR 2026.

>> MAYOR JONES: BEN, IS YOUR MIC ON? THERE YOU GO.

>> GORZELL: ALL RIGHT. GOOD AFTERNOON, MAYOR AND COUNCILMEMBERS.

SO WITH THE PRESENTATION TODAY, WE'RE GOING TO WALK THROUGH OUR PROPOSED WORK PLAN FOR 2026 CALENDAR YEAR. THIS WORK PLAN REALLY BUILDS UPON THE WORK THAT'S BEEN DONE BEFORE, IT TAKES INTO CONSIDERATION SOME OF THE PHASING THAT WE'VE TALKED ABOUT BEFORE, YOU KNOW, THE DISTRICT'S GOT A NUMBER OF VERY LARGE PROJECTS IN THERE.

WE'VE TALKED ABOUT THE FACT THAT WE'VE GOT TO REALLY PHASE THOSE OVERTIME IN ORDER TO BE ABLE TO IMPLEMENT THAT, SO THAT IS BUILT INTO THIS WORK PLAN. IT TAKES INTO CONSIDERATION OUR NONBINDING TERM SHEET ON THE ARENA PROJECT, WHICH SETS THE FRAMEWORK FOR HOW WE PROCEED WITH THAT PROJECT, AND, AGAIN, BUILDS ON THE WORK THAT WE'VE DONE BEFORE. SO LET ME TALK A LITTLE BIT ABOUT WHAT'S IN THE WORK PLAN, AND THEN WHAT'S NOT IN THE WORK PLAN WHEN WE TALK ABOUT THE DISTRICT. SO OUR WORK EFFORT'S GOING TO FOCUS ON THE

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THE SIG SITE WE WERE LOOKING AT WAS THE CURRENT SIDE OF THE CHILL WATER PLANT. I'LL GIVE YOU AN UPDATE. THAT IS NOT IN THE NEAR-TERM PLANNING FOR US, AND I'LL GO INTO A LITTLE BIT MORE DISCUSSION ON THAT. THE OTHER ONE IS THE EVENT VENUE LISTED THERE. TODAY WE OWN THE WOOD COURTHOUSE.

GREAT OPPORTUNITIES TO RENOVATE THAT, TURN THAT INTO AN EVENT VENUE, POTENTIALLY A LIVE MUSIC VENUE. IT IS NOT IN THE WORK PLAN, GIVEN SOME OF THE OTHER WORK THAT WE NEED TO DO AND THE THINGS I JUST WENT OVER. WE ARE LOOKING MAYBE TOWARDS THE END OF THE CALENDAR YEAR TO START TO LOOK AT WHAT DO WE DO WITH THAT.

SO WE MIGHT TRY TO INCORPORATE THAT TOWARDS THE END OF THE CALENDAR YEAR. SO I'M GOING TO KIND OF JUMP INTO SOME OF THE SPECIFIC THINGS WE'RE GOING TO BE DOING. SOME OF THESE ARE GOING TO HAPPEN PRETTY QUICKLY. THESE FIRST TWO, I'M GOING TO GO OVER, ARE ACTUALLY ON THE AGENDA FOR YOUR CONSIDERATION TOMORROW. SO WE'RE GOING TO BEGIN WITH THE ACQUISITION OF THE FEDERAL PROPERTY, WE CALL THEM THE FEDERAL BUILDING WEST PROPERTIES. THEY'RE NOTED THERE ON THE MAP ON THE RIGHT.

SO WE'RE TALKING ABOUT THE OFFICE BUILDING JUST TO THE EAST OF THE WOOD COURTHOUSE, ALONG WITH ITS PARKING LOT, AND THEN THERE ARE -- AUDIO] -- JUST SOUTH ACROSS THE STREET ON CESAR CHAVEZ THAT WOULD BE PART OF THIS ACQUISITION. IT IS THREE PARCELS TOTALING ABOUT 5.7 ACRES. THIS ITEM THAT YOU'RE GOING TO SEE TOMORROW IS A LITTLE BIT DIFFERENT. WE TYPICALLY COME TO YOU AND SAY, HEY, WE WANT TO BUY REAL ESTATE. WE'VE ALREADY DONE THE WHOLE PROCESS, WE'VE NEGOTIATED IT AND WE'RE BRINGING IT TO YOU FOR CONSIDERATION. THIS IS AN OFFER TO THE GSA TO ACQUIRE THIS PROPERTY. THE GAS IS GOING THROUGH A DISPOSITION PROCESS FOR THIS PROPERTY. AS A PUBLIC ENTITY, THEY CAN DO A NEGOTIATED SALE DIRECTLY WITH US, SO LAST YEAR THEY PUT OUT A NOTICE ON THAT PROCESS.

WE WERE THE ONLY ONES THAT RESPONDED TO THAT NOTICE INS INDICATING WE WERE INTERESTED IN POTENTIALLY BUYING THAT PROPERTY.

WE WOULD HAVE TO ACQUIRE IT FOR FAIR MARKET VALUE, AND SO WE HAVE BEEN IN DISCUSSION WITH GSA SINCE THAT TIME FRAME. WE ARE PROPOSING AN OFFER OF $30 MILLION. THAT IS BASED ON AN APPRAISAL THAT WE DID ON THE PROPERTY IN CONJUNCTION WITH GSA, ALONG WITH CLOSING COSTS UP TO $120,000. THAT WOULD BE THE OFFER THAT WE WOULD SUBMIT.

THEY'VE ASKED US TO SUBMIT THE OFFER BY JANUARY 26TH.

THIS IS THE PROPERTY THAT THEY'RE INTERESTED IN MOVING.

INITIALLY THEY WANTED US TO DO IT BY THE END OF LAST CALENDAR YEAR, LAST DECEMBER. WE ASKED FOR A LITTLE BIT OF AN EXTENSION, WE WERE DOING SOME ADDITIONAL DUE DILIGENCE, WANTED TO COMPLETE THAT BEFORE WE MOVED FORWARD AND MADE A RECOMMENDATION TO YOU ON THE OFFER.

WE'VE COMPLETED THAT WORK, AND THAT IS ON THE AGENDA FOR TOMORROW.

THIS SITE'S IMPORTANT BECAUSE IT'S A SITE OF FUTURE GUARANTEED MIXED USE DEVELOPMENT THAT WOULD SUPPORT THE ARENA PROJECT FINANCING. SO THE TIMELINE ON THE BOTTOM, IT IS ON THE AGENDA FOR YOUR CONSIDERATION TOMORROW AS AN INDIVIDUAL ITEM. IT'S PART OF ONE OF THAT ITEM. I'LL GET TO THE SECOND PIECE HERE IN A SECOND.ÚTHE TIMF YOU APPROVE THIS TOMORROW, WE WOULD SUBMIT THE OFFER TO GSA, ALONG WITH THE EARNEST MONEY DEPOSIT UNDER THE OFFER OF 10% OF THE ACQUISITION PRICE, WHICH IS $3 MILLION. GSA HAS REALLY 120 DAYS TO REVIEW THAT OFFER, TO ACCEPT IT OR REJECT IT. AND THEN WE WOULD EXPECT CLOSING TO TAKE ABOUT 30 TO 60 DAYS, IF THEY WERE TO ACCEPT THE OFFER.

THAT TIMELINE'S ALL SUBJECT TO CHANGE. AGAIN, THOSE ARE KIND OF THE OUTSIDE DATES, I WOULD SAY, IN TERMS OF WHAT THEY'VE GOT -- WHAT THEY'RE GOING TO REVIEW. IT COULD GO QUICKER THAN THAT ONCE WE SUBMIT THE OFFER. SO THE SECOND PART OF THE ITEM THAT YOU'VE GOT BEFORE YOU TOMORROW FOR YOUR CONSIDERATION IS A CONTRIBUTION FROM THE SPURS. SO UNDER THE TERM SHEET THAT WAS APPROVED LAST

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THE CONTINGENCY DEED REALLY COMES INTO PLAY MORE IN THE EVENT WE CAN'T GET A DEAL DONE ON THE ARENA PROJECT. SO I'M GOING TO START WITH, IF THE PROJECT MOVES FORWARD, IT COMMENCES, IT'S FINANCED. MEANING THE COUNTY'S GOT THEIR MONEY, THE SPURS HAVE THEIR MONEY, WE HAVE OUR MONEY, IT'S COMMENCING.

THE CONTINGENCY DEED GOES AWAY, WE RETAIN FEE SIMPLE TITLE TO THE PROPERTY. IN THE EVENT FOR WHATEVER REASON WE CAN'T GET A PROJECT DONE AND WE CAN'T MOVE FORWARD AND THE SPURS DECLARE THAT -- OR WE DECLARE THAT, THAT WE JUST CAN'T MOVE FORWARD WITH THE PROJECT, AT THAT POINT THE CITY HAS THE OPTION -- NOT THE OBLIGATION, BUT THE OPTION TO REIMBURSE THE SPURS THE $30 MILLION THAT THEY HAVE PROVIDED FOR THE ACQUISITION, ALONG WITH THEIR CARRYING COSTS ON THE LOAN THAT THEY WOULD TAKE OUT ON THAT FUNDING. WE WOULD LOOK AT ACTUAL CARRYING COSTS. IF WE -- AND IF WE DO THAT, THEN WE RETAIN FEE SIMPLE TITLE TO THE PROPERTY. IF WE CHOOSE NOT TO DO THAT, NOT TO REIMBURSE THEM, THAT'S WHERE THE CONTINGENCY DEED COMES INTO PLAY; IT WOULD TRANSFER TITLE FROM THE CITY OVER TO THE SPURS, AND THEY WOULD NOW HAVE FEE SIMPLE TITLE TO THAT PROPERTY.

AGAIN, THE TIMELINE THERE ON THE BOTTOM, AGAIN, THIS ITEM IS ON THE AGENDA. THEY WOULD BE PROVIDING US THE FUNDING FOR THE EARNEST MONEY DEPOSIT AS WELL BEFORE JANUARY 26TH, SO THAT WHEN WE MAKE THE OFFER, WE'LL BE SENDING THAT TO THE GSA, AND THEN WE THINK, AGAIN, THAT CLOSING AT THE LATEST -- I MEAN, I REALLY THINK IT PROBABLY WILL HAPPEN SOONER IF THEY ACCEPT IS OFFER, WOULD BE IN THE JUNE TO JULY TIME FRAME.

AND AT THAT POINT, THAT'S WHEN THE SPURS WOULD PROVIDE THE REMAINING BALANCE DUE OF ROUGHLY $27 MILLION PLUS THE CLOSING COSTS.

TALKING NEXT ABOUT CONNECTIVITY AND SPECIFICALLY THE U.S.

DEPARTMENT OF TRANSPORTATION PLANNING GRANT.

SO THE CITY WAS AWARDED JUST UNDER $3 MILLION IN 2024 THROUGH THE NEIGHBORHOOD ACCESS AND EQUITY PROGRAM. IT WAS REALLY TO LOOK AT COMMUNITY-BASED SOLUTIONS FOR HOW WE CREATE CONNECTIVITY BETWEEN, AGAIN, THAT EAST SIDE PROPERTY ON THE ALAMODOME, THOSE PARKING LOTS BACK OVER TO THE WEST SIDE AND THE PARK. YOU KNOW, IT WAS GOING TO LOOK AT A NUMBER OF DIFFERENT OPTIONS, INCLUDING SIDEWALKS, CROSSWALKS, -- TALKED ABOUT BEFORE, LIKE A LAND BRIDGE. THIS COULD HAVE BEEN THE PRECURSOR TO THAT, IF WE GET ADDITIONAL FEDERAL FUNDING IN THE FUTURE TO FUND THAT. THAT WAS SOMETHING WE WERE LOOKING AT.

UNDERPASESS OR PEDESTRIAN BRIDGES. EARLY 2025, THE GRANT BECAME A LITTLE LESS CERTAIN. WE WERE UNSURE AS TO WHETHER WE WERE GOING TO GET THIS GRANT FUNDING, SO THAT STATUS WAS IN QUESTION FOR A WHILE IN TERMS OF WHETHER WE WERE GOING TO BE ABLE TO -- EXCUSE ME -- RECEIVE THAT. SO WHILE WE HAD GONE THROUGH AN RFP PROCESS, COMPLETED THE PROCUREMENT PROCESS IN EARLY 2025, WE HELD THAT, BECAUSE WE WERE UNSURE AS TO WHETHER WE WERE GOING TO GET THIS GRANT FUNDING. WE HAVE BEEN ABLE TO DETERMINE THAT WE ARE GOING TO RECEIVE THIS GRANT. WE HAVE UNTIL THE END OF THIS CALENDAR YEAR, DECEMBER 31ST, TO SPEND IT.

WE HAVE THE PROCUREMENT PENDING, WHICH IS A LITTLE BIT STALE.

I MEAN, IT'S BEEN ABOUT A YEAR SINCE WE COMPLETED THAT PROCESS.

IT HAS THIS SCOPE BUILT INTO IT, AND IT'S A -- I SHOULD HAVE MENTIONED, IT'S A TOTAL $3.7 MILLION. BECAUSE IT'S $3 MILLION IN GRANT FUNDING, BUT ALSO INCLUDES A LOCAL MATCH FROM US OF 740,000. SO ONE OPTION IS WE COULD CONTINUE TO MOVE FORWARD WITH THAT. IT HAS A COMMUNITY ENGAGEMENT PIECE BUILT INTO IT AS WELL IN TERMS OF ENGAGING THE COMMUNITY ON THESE SOLUTIONS AND WHAT WE WOULD BE LOOKING AT, SO THAT IS ONE OPTION. ANOTHER OPTION IS GIVEN THE FACT THAT THAT WAS COMPLETED ABOUT A YEAR AGO, IS WE COULD CANCEL THAT, GO OUT QUICKLY, REISSUE SOMETHING, GET YOUR ADDITIONAL FEEDBACK ON THE SCOPE, AS LONG AS IT COMPLIES WITH THE GRANT.

WE'VE JUST GOT TO MAKE SURE WE GET IT DONE, TURNED AROUND AND SPENT BY DECEMBER 31ST. SO THAT IS AN OPTION. THAT'S ONE OF THE THINGS WE'D LIKE YOUR FEEDBACK ON TODAY AS PART OF THIS BRIEFING.

BUT, AGAIN, THAT KEY TAKEAWAY IS WE DON'T SEE A LOT OF FLEX PROBABLY ON THE DEADLINE TO SPEND THE MONEY BY DECEMBER 31ST. THE NEXT TWO ITEMS I'LL

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ONE IS COST OF SERVICES FOR THE DISTRICT. AND SPECIFICALLY WHAT WE'RE TALKING ABOUT THERE PRIMARILY IS TRAFFIC, FIRE/EMS, SECURITY AND DISTRICT MAINTENANCE. SO IF WE THINK ABOUT THE -- WHAT'S THERE TODAY, AND THEN YOU LAYER IN WHAT WE'RE PROPOSING TO BUILD, AND IF WE GET -- AND IF THIS ALL MOVES FORWARD AND WE NOW HAVE AN ARENA THERE, THE WOOD COURTHOUSE TURNS INTO A LIVE MUSIC VENUE, YOU'VE GOT THE CONVENTION CENTER, THE ALAMODOME, THE DISTRICT, THE PARK, WHAT DOES THAT LOOK LIKE FROM A COST OF SERVICE PERSPECTIVE FOR US IN THESE AREAS? AND IT RANGES. SO WE COULD HAVE A DAY WHERE ALL THIS GETS BUILT AND YOU'VE GOT A SMALL CONCERT GOING ON IN THE WOOD COURTHOUSE, 5,000 ATTENDEES. AND MAYBE A FEW PEOPLE IN THE PARK.

THAT'S ONE END OF THE SPECTRUM. WE COULD BE ON THE OTHER END OF THE SPECTRUM WHERE YOU'VE GOT SOMETHING GOING ON AT THE WOOD COURTHOUSE AND THAT LIVE MUSIC VENUE, WE'VE GOT AN NBA GAME GOING ON IN THE ARENA, WE'VE GOT A BIG CONCERT GOING ON IN THE OO DOME AND WE'VE GOT A LARGE CONVENTION AT THE CONVENTION CENTER AND THERE'S A LOT OF PEOPLE IN THE PARK. SO WHAT DOES THAT LOOK LIKE? AS WE THINK ABOUT THAT, WE WANT TO LOOK AT A SCALABLE MODEL, WE WANT TO LOOK AT THE METHODOLOGY, IN TERMS OF IN THAT CASE, IF THERE'S MULTIPLE EVENTS GOING ON, HOW DO WE ALLOCATE SOME OF THOSE COSTS BACK TO THE VENUES, AND THAT WILL BE PART OF THE PROBLEM SOLVING IN TERMS OF WHAT WE DO IN HOW WE ALLOCATE THOSE COSTS. SO THAT'S AN IMPORTANT PIECE OF THIS STUDY, SO WE WANT TO BRING SOMEBODY IN TO WORK ON THAT. AND THEY WOULD BE WORKING WITH, YOU KNOW, OUR DEPARTMENTS IN THOSE AREAS, PUBLIC WORKS, FIRE, POLICE, WE WOULD ENGAGE ALL OF THEM AS WE KIND OF THINK ABOUT WHAT DOES THIS LOOK LIKE AND HOW DO WE SUPPORT THE DISTRICT. THE OTHER THING IT WILL DO IS IT WILL FOCUS ON GETTING A LITTLE MORE GRANULAR IN TERMS OF GENERAL FUND REVENUES, AND I'M TALKING ABOUT SPECIFICALLY THINGS THAT AREN'T PLEDGED TO THE REPAYMENT OF BONDS. SO WE'VE DONE A LOT OF -- MODELING OF THINGS HIKE OUR HOTEL OCCUPANCY TAX, WE'VE DONE FORECAST AROUND THOSE, SOME OF IT'S GOT TOUCHED ON A LITTLE BIT IN THE ECONOMIC IMPACT ANALYSIS, BUT WE WANT TO LOOK AT THINGS, LIKE, FOR EXAMPLE, THE SALES TAX WITHIN THE GENERAL FUND. AS WE GET A MORE DEFINITIVE DEVELOPMENT PATH ON MIXED USE, WHAT DOES THAT LOOK LIKE, LONG-TERM PROJECTION, AND A LOOK AT POTENTIALLY OTHER GENERAL FUND REVENUES THAT AREN'T PLEDGED TO THE REPAYMENT OF BONDS AND GET FORECAST ON THOSE. THE THIRD AREA IS WE WANT TO LOOK AT NEW REVENUE OPPORTUNITIES, AND GIVEN, AGAIN, THIS CONCENTRATION OF POTENTIAL PEOPLE WITHIN THE DISTRICT AND THE PARK, WHAT DOES THAT OPEN UP IN TERMS OF NEW REVENUE OPTIONS AS WE'VE TALKED TO OTHERS, WE WANT TO LEARN FROM WHAT OTHER DISTRICTS HAVE DONE, WHAT THEY'VE BEEN ABLE TO IMPLEMENT, BUT ALSO, YOU KNOW, SOME OF WHAT WE HEARD INFORMALLY WERE THINGS LIKE SOMETHING AS SIMPLE AS POPUP MARKETING. IF YOU'RE GOING TO HAVE THAT MANY PEOPLE IN THE PARK, SOME FOLKS HAVE SAID, YOU KNOW, PEOPLE WILL COME TO YOU AND SAY, HEY, I WANT TO LAUNCH THIS OR I WANT TO LAUNCH THIS DEVICE, I WANT TO DO POPUP MARKETING. SO THERE'S SOME OPPORTUNITY THERE TO MAYBE CREATE NEW REVENUE OPPORTUNITIES, AND WE WANT TO EXPLORE THAT MORE. THE TIMELINES THERE ON THE BOTTOM, WE PLAN TO RELEASE THAT RFP THIS FRIDAY, HOPEFULLY BE BACK TO COUNCIL WITH A RECOMMENDATION ON THE CONSULTANT BY APRIL 16TH, AND THEN WE THINK THE WORK WILL TAKE ABOUT SIX TO 12 WEEKS, AND WITH FINDINGS -- DRAFT FINDINGS AND A REPORT PROBABLY IN THE JUNE/JULY TIME FRAME. I SHOULD HAVE SAID ON THE FRONT END THAT, YOU KNOW, IT SAYS PRELIMINARY SCHEDULE ON ALL THESE. THIS IS OUR BEST ESTIMATE IN TERMS OF TRYING TO GET THESE THINGS DONE. OBVIOUSLY WE'LL BE INFORMED AS WE GET RESPONSES FROM CONSULTANTS AND WE TALK ABOUT THE SCOPE OF WORK, SO THIS COULD GET ADJUSTED ON THAT.

ALSO WE'LL ACKNOWLEDGE THE APRIL TIME FRAME FOR COMING BACK ON THE CONSULTANT, PROBABLY SLIGHTLY AGGRESSIVE, BUT WE WANT TO TARGET THAT TO TRY TO GET THIS DONE BECAUSE THIS IS WORK THAT'S GOING TO BE IMPORTANT AS WE MOVE FORWARD WITH THE DISTRICT.

THE NEXT ITEM IS EXECUTIVE PROGRAM MANAGER.

THIS WOULD BE AN RFQ, A REQUEST FOR QUALIFICATIONS.

YOU KNOW, THIS IS REALLY TO ENGAGE A CONSULTANT THAT IS GOING TO HELP US COORDINATE AND MANAGE ACTIVITIES WITHIN THE DISTRICT AS IT RELATES TO THE VENUE PROJECTS, INFRASTRUCTURE, MIXED USE DEVELOPMENT, EPMS, EXECUTIVE PROGRAM MANAGERS, EPMS COMMON TO HAVE ON LARGE PROJECTS.

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THEY'RE GOING TO OVERSEE THE DISTRICT AND HELP US SEQUENCE, COORDINATE, COLLABORATE, MAKE SURE THAT EVERYTHING IS MOVING ON SCHEDULE AND HELPING US IDENTIFY GAPS AND SOLVE ISSUES WHEN THEY COME UP.

THE INITIAL COST WE PUT HERE IS 10 MILLION. IT'S KIND OF THE INITIAL PHASE OF IT, MUCH LIKE WE DID WITH THE AIRPORT. YOU GET THEM ON BOARD, WE'RE GOING TO TASK IT, LAY OUT THE WORK, THE SCOPE, AND THEN WE WILL UPDATE THAT AND COME BACK TO YOU WITH THAT UPDATE AND ADJUST THAT AT THAT POINT IN TIME. IT IS FUNDED PRIMARILY FROM THE PROJECTS THEMSELVES, SO YOU SEE THE PROJECT BUDGETS AND WHAT WE MEAN IS WHEN IT GETS TO THE POINT WHERE WE'RE DOING WORK ON THE CONVENTION CENTER THAT CAN BECOME PART OF THAT CONVENTION CENTER PROJECT BUDGET, THAT'S WHERE IT GETS CHARGED TO. THERE MAY BE A LITTLE BIT OF WORK ON THE FRONT END THAT IS WHAT WE'LL CALL NONCAPITALIZABLE. WE CAN'T INCLUDE IT IN THE COST OF THE PROJECT THAT WE WOULD THEN FUND OUT OF OUR HOTEL OCCUPANCY TAX REDEMPTION AND CAPITAL FUND. THE SCHEDULE THERE IS SIMILAR TO THE ONE THAT YOU SAW ON THE PRIOR SLIDE.

WE WANT TO RELEASE THIS RFQ THIS FRIDAY, BE BACK TO COUNCIL IN APRIL, APRIL 16TH IS WHAT WE'RE TARGETING. AND THEN THEY WOULD BEGIN THEIR WORK IN APRIL AND REMANE ON BOARD -- REMAIN ON BOARD WITH US FOR THE DURATION OF THE FIRST PHASE OF PROJECTS. SOME REALLY GOOD DISCUSSION YESTERDAY IN THE AUDIT COMMITTEE WAS ACCOUNTABILITY, MANAGING RISK, MAKING SURE WE STRUCTURE THE CONTRACT SO WE CAN HOLD THEM ACCOUNTABLE. COMPLETELY AGREE. UNDERSTAND THAT WE NEED TO MAKE SURE THAT WE HAVE THOSE PROVISIONS IN THESE CONTRACTS.

A LITTLE BIT COMPLICATED, WE'RE GOING TO HAVE TO LAYER THIS, WE'LL COORDINATE WITH OUR LEGAL TEAM AS WE KIND OF WORK THROUGH THESE, BUT THINK ABOUT THE EPM AS KIND OF YOUR OVERSIGHT AND KIND OF AT THE TOP, AND UNDERNEATH THAT, WE'LL HAVE CONTRACTS FOR EXAMPLE, POTENTIALLY CONSTRUCTION OF THE EXPANSION OF THE KOCH CENTER, DESIGN FOR THE CONVENTION CENTER, WE'VE GOT TO MAKE SURE ALL OF THAT SYNCS AND THAT WE HAVE CLEAR LINES AND WE CAN HOLD FOLKS ACCOUNTABLE FOR THE WORK THAT THEY NEED TO BE DOING, AND CERTAINLY WE WILL WORK CLOSELY WITH OUR LEGAL TEAM AS WE PUT THOSE CONTRACTS TOGETHER.

THE OTHER THING WE TALKED ABOUT A LITTLE BIT WAS THE EPM CAN HELP US PUT TOGETHER KIND OF THE COMMUNITY-FACING DASHBOARD, AND I KNOW THERE'S A CCR THAT'S MAKING ITS WAY THROUGH THE PROCESS FROM COUNCILWOMAN CASTILLO AND COUNCILWOMAN WHYTE. WE'VE GOT A DASHBOARD RELATED TO THE AIRPORT THAT THEY HELPED US STAND UP, THE EPM OUT THERE.

WE'LL BE ABLE TO USE THAT HERE TO HELP US ALSO STAND UP A -- KIND OF A COMMUNITY-FACING DASHBOARD. WE CAN ALSO EXPLORE -- I KNOW SOME OF THE FEEDBACK THAT I'VE GOTTEN IS WILL WE BE ABLE TO KIND OF PULL REPORTING OUT OF THERE? THAT'S SOMETHING WE'LL EXPLORE. AND REALLY WHAT I MEAN BY THAT IS THERE'S A COMMUNITY DASHBOARD, BUT COULD WE PULL KEY THINGS OUT OF THERE ON A MONTHLY OR QUARTERLY BASIS AND SAY, HERE ARE THE MARRIAGMAJOR THINGS THAT HAPPENED AT THE DISTRICT, E WE'LL PUSH THAT TO YOU ALL, AND THEN YOU CAN DECIDE IF YOU WANT TO COMMUNICATE THAT IN YOUR NEWSLETTERS OR TO YOUR RESIDENTS IN YOUR DISTRICTS, OR WE CAN LOOK AT OTHER OPTIONS THERE AS WELL. THE LAST PART I WANT TO SAY ON EPM THAT I REALLY WANT TO WORK ON IS THE COLLABORATION AND COORDINATION AMONGST THE DIFFERENT PROJECTS THAT AREP HAING WITHIN THE DISTRICT.

SOME OF THIS WORK IS GOING TO BE HAPPENING AT THE SAME TIME.

WE WANT TO MAKE SURE THAT WE'RE COLLABORATING AND COORDINATING AND FINDING WAYS TO SAVE DOLLARS, NOT CREATING ISSUES WHERE WE'RE ACTUALLY COMPETING FOR THE SAME SUPPLIES, MATERIALS, LABOR, AND ACTUALLY DRIVING UP COST. REALLY WHAT WE'RE TALKING ABOUT IS THE ARENA AND THE CONVENTION CENTER. BOTH OF THOSE ARE GOING AT THE SAME TIME, IS THERE A WAY FOR US TO COLLABORATE HERE, FOR EXAMPLE, AND THE MIXED USE DEVELOPMENT, COULD WE ORDER -- JUST GIVE YOU AN EXAMPLE OF THINGS WE'LL LOOK AT -- FOR THAT? DOES IT PUT US IN A BETTER POSITION THEN, TO, ONE, DRIVING UP THE COST UNNECESSARILY BUT, TWO, DO WE GET SOME ECONOMIES ON SCALE BECAUSE WE'RE MAKING LARGER PURCHASES.

IT WILL BE TRUE ON LABOR, OTHER MATERIALS, SO WE REALLY WANT TO SPEND TIME ON THAT EFFORT. IT'S ACTUALLY IN THE TERM SHEET WITH THE SPURS.

I KNOW THEY'RE INTERESTED IN IT, WE'RE INTERESTED IN IT.

WE CERTAINLY DON'T HAVE IT FIGURED OUT, BUT THAT IS SOMETHING I THINK THAT CAN REALLY WORK WELL GOING FORWARD, AND WE LOOK FORWARD TO THOSE DISCUSSIONS. ACQUISITION OF THE I.T.C. PROPERTY, WE HAVE THE EXCLUSIVE RIGHT TO PURCHASE THIS PROPERTY THROUGH A MEMORANDUM OF

[00:25:04]

THE MOU DOES OUTLINE A PROCESS BY WHICH, YOU KNOW, THEY GET AN APPRAISAL, WE GET AN APPRAISAL OF THE PROPERTY, AND IT TALKS ABOUT HOW WE WORK OUR WAY THROUGH THAT, BUT REALLY WE JUST NEED TO COMMENCE NEGOTIATIONS. WE'VE NOT HAD ANY RECENT CONVERSATIONS WITH THEM ABOUT THE ACQUISITION OF THIS PROPERTY, SO WE NEED TO REENGAGE ON THIS EFFORT. I PUT BY DECEMBER 31ST ON THE ACQUISITION OF THE PROPERTY. HOPEFULLY IT HAPPENS SOONER THAN THAT, BUT GIVING US SOME TIME TO WORK THROUGH THAT THIS CALENDAR YEAR.

THE NEXT IS THE CHILL WATER PLANT FEASIBILITY STUDY.

SAWS IS LEADING THE EFFORT ON THIS STUDY, LOOKING AT A NUMBER OF DIFFERENT OPTIONS. IT INCLUDES THE -- WELL, LET ME BACK UP.

ONE OF THE THINGS WE NEED TO ACCOMPLISH HERE IS WITH AN NBA ARENA, WITH AN EXPANDED CONVENTION CENTER, WITH MIXED USE DEVELOPMENT, THERE'S OPPORTUNITY FOR ADDITIONAL CHILLED WATER CAPACITY OR LOAD ON THE SYSTEM. TODAY, THAT SYSTEM, WE'RE PROBABLY 70% OF THAT SYSTEM, AND WHAT I MEAN BY THAT IS THIS CHILLED WATER PLANT IS LIKE A SUBCOMPANY UNDER SAUCE. SAWS. THE PEOPLE THAT USED THE CHILLED WATER -- THE CUSTOMERS THAT USE THE CHILLED WATER SYSTEM ARE THE ONES THAT PAY FOR IT. RIGHT NOW WE'RE THE BULK OF THAT BECAUSE OUR CONVENTION CENTER AND THE ALAMODOME ARE BOTH ON THAT SYSTEM, THEY'RE THE BULK OF THAT LOAD. WITH THE ADDITION OF THOSE OTHERS, WE NEED TO ADD ADDITIONAL CAPACITY. WE ALSO TALKED ABOUT RELOCATING THE PLANT THAT IS ON MARKET STREET RIGHT ACROSS THE FRONT DOOR OF OUR CONVENTION CENTER. COULD WE RELOCATE THAT NEARBY AND THEN EXPAND AND FREE THAT SITE UP FOR THE CONVENTION CENTER HOTEL SOMEWHERE DOWN THE ROAD? THAT IS ONE OPTION THEY'LL LOOK AT.

COULD WE EXPAND AND ADD SOME COPASSTY AT THE CHERRY STREET LOCATION? THIS IS THE SATELLITE PLANT THAT WAS BUILT NEAR LOT B OF THE ALAMODOME, AND THEN A THIRD WOULD BE COULD WE LOOK AT A SATELLITE LOCATION WITHIN OR NEAR THE DISTRICT WHERE WE'RE JUST ADDING THE ADDITIONAL CAPACITY WE NEED THERE AS WELL. I SAY THAT, BECAUSE AT THE END OF THE DAY, AND WE SHOULD GET -- WE ARE GOING TO GET DRAFT FEEDBACK FROM SAWS THIS MONTH, THIS WHOLE EFFORT IS REALLY TO GET TO A COST EFFECTIVE SOLUTION TO GETTING THAT ADDITIONAL CHILLED WATER CAPACITY.

I KNOW THIS IS COMING UP A LOT LAST FALL, PARTICULARLY THE RELOCATION OPTION AND EXPANSION. WE'LL SEE WHAT THAT LOOKS LIKE. BUT, AGAIN, AT THE END OF THE DAY, IF IT DOESN'T MAKE SENSE, WE'RE NOT GOING TO RECOMMEND WE DO IT.

WE WANT THE SYSTEM TO PAY FOR AS MUCH -- MEANING THE CUSTOMERS THAT ARE ON IT TO PAY FOR AS MUCH OF IT AS WE CAN. IF THAT OPTION ISN'T FEASIBLE AND DOESN'T WORK, I MEAN, THAT'S WHY IT'S A FEASIBILITY STUDY. SOMETIMES IT WORKS, SOMETIMES IT DOESN'T.

IF IT COMES BACK AND THAT'S JUST FOO COSTLY AN OPTION AT THIS POINT, THEN WE WOULDN'T LOOK AT THAT. AND WE'D START TO EXPLORE THOSE OTHER OPTIONS. AS WE LOOK AT THOSE OPTIONS, IT MAY LEAD TO OTHER SOLUTIONS -- OTHER OPTIONS THAT WE COULD LOOK AT.

IT COULD BE EVEN MORE DECENTRALIZED. BUT PART OF SAYING THAT IS WE'RE GOING TO NEED MORE TIME TO WORK THROUGH THAT.

THAT'S WHY YOU SEE ON THE TIMELINE WE'LL START TO GET SOME DRAFT ANALYSIS THIS MONTH, WE'RE GOING TO CONTINUE TO LOOK AT THAT, WORK WITH SAWS ON OPTIONS TO PROBLEM SOLVE FOR HOW DO WE POTENTIALLY COME UP WITH ADDITIONAL CAPACITY IN THE DISTRICT COOLING SYSTEM TO SUPPORT AN ARENA, THE MIXED USE DEVELOPMENT AND EXPANDED CONVENTION CENTER AND HOW DO WE DO THAT IN A COST-EFFECTIVE WAY. SO THERE'S MORE WORK TO BE, OBVIOUSLY, DONE THERE. PARKING FEASIBILITY STUDY, WE'D LIKE TO MOVE FORWARD AND ENGAGE A CONSULTANT TO DO A STUDY LOOKING AT BOTH VEHICULAR AND PEDESTRIAN TRAFFIC SNSCENARIOS. THERE'S BEEN A LITTLE BIT OF WORK DONE ON THIS ALREADY, BUT I THINK WE WANT TO GET MORE SPECIFIC ON PARKING HERE. WE WANT TO LOOK AT BOTH OUR, THE CITY'S EXISTING FACILITIES AND LOTS, BUT ALSO LOOKING AT SOME OF THE EXISTING PRIVATE PARKING. I THINK WE WANT TO LOOK AT, AGAIN, HOW VIA'S PLANS HAVE EVOLVED AND HOW WE LEVERAGE THAT IN TERMS OF MOVING PEOPLE IN AND OUT OF DOWNTOWN, NOT MAYBE THE DISTRICT, BUT MAYBE A BROADER CONVERSATION AROUND DOWNTOWN, TRANSPORTATION NETWORK COMPANIES, I DIDN'T LIST AUTONOMOUS VEHICLES, DOES THAT CHANGE ANYTHING? PART OF -- AND IT WILL TIE INTO THE INFRASTRUCTURE

[00:30:02]

SO IF, IN FACT, WE'RE GOING TO MOVE FORWARD WITH A PARKING GARAGE, IF THAT'S PART OF THE SOLUTION, THEN THIS CONSULTANT WILL HELP US FIGURE OUT HOW MUCH OF THAT GARAGE CAN BE PAID FOR THROUGH THAT OPERATION, AND THEN IF THERE IS A GAP, THEN THAT IS SOMETHING THAT WE WOULD TALK ABOUT IN TERMS OF POTENTIAL BOND PROGRAM OR SOMETHING ELSE.

WE THINK IT MAKES SENSE TO LOOK AT ALL OF THOSE THINGS FROM A BROADER PERSPECTIVE. I MEAN, IDEALLY -- I DON'T KNOW IF WE CAN ACCOMPLISH THIS, BUT IDEALLY, I THINK IF WE COULD FIGURE OUT A WAY ALSO TO -- AND WE'LL EXPLORE THIS -- IS THERE A WAY TO MAKE PARKING AVAILABILITY, NOT JUST OUR STUFF, NOT JUST OUR LOTS AND OUR GARAGES, BUT SOME OF THE PRIVATE GARAGES AND PRIVATE LOTS, CAN WE MAKE THAT AVAILABILITY OF THAT STATUS AVAILABLE ON A PLATFORM THAT EVERYBODY CAN SEE? SO IF SOMEONE'S GOING TO COME DOWNTOWN, YOU LOOK AT THIS PLATFORM, IT DOESN'T MATTER IF IT'S OUR GARAGE OR SOMEBODY ELSE'S, YOU START TO SEE IF THEY'RE FULL, THERE'S AVAILABILITY, WHAT DOES THAT LOOK LIKE. SO WE'RE GOING TO EXPLORE THAT AS PART OF THIS PROCESS AS WELL. WE'RE GOING TO DEVELOP AN RFP, GET BACK TO AUDIT COMMITTEE BY THE FEBRUARY MEETING TO TALK ABOUT THE PRESOLICITATION PIECE OF IT. I'D LIKE TO ISSUE THE RFP BY MID FEBRUARY, BE BACK TO COUNCIL IN MID MAY WITH A RECOMMENDATION ON THE CONSULTANT.

WE THINK THAT WORK WOULD LAST ABOUT EIGHT TO 12 WEEKS AND WOULD HAVE SOME FINDINGS BY SEPTEMBER, IN TERMS OF DRAFT FINDINGS. THE NEXT ITEM IS A NEGOTIATION OF DEFINITIVE AGREEMENTS. WE'VE TALKED ABOUT THE FACT THAT WHILE WE HAVE A TERM SHEET IN PLACE THAT LAYS THE FRAMEWORK OUT, THERE'S A LOT OF WORK, A LOT OF DOCUMENTS, A LOT OF AGREEMENTS THAT NEED TO BE NEGOTIATED AND PUT TOGETHER. WE JUST LISTED SOME OF THEM HERE. AND OBVIOUSLY THE PARTIES WOULD INCLUDE US, THE SPURS, THEIR DEVELOPER, THE COUNTY, IT COULD INCLUDE OTHERS.

BUT WE JUST GAVE YOU A SAMPLING OF THEM HERE. BOND INDENTURES AND OTHER FINANCING DOCUMENTS, COMMUNITY BENEFITS AGREEMENT, DEVELOPMENT AGREEMENT, DESIGN AND CONSTRUCTION AGREEMENTS, ECONOMIC DEVELOPMENT AGREEMENT AND A GUARANTEE AGREEMENT. THOSE ARE JUST A FEW.

THERE WILL BE MANY MORE. ALSO WANTED TO NOTE THAT, YOU KNOW, THE FORM OF THESE AGREEMENTS AND HOW WE COME FORWARD WILL KIND OF EVOLVE THROUGH NEGOTIATIONS, WHETHER THEY'RE STAND-ALONE AGREEMENTS, WHETHER SOME ARE COMBINED. WE'LL LOOK AT THE PROS AND CONS OF THAT, WORK WITH OUR LEGAL TEAM IN TERMS OF HOW WE SHOULD MOVE FORWARD.

WE PUT IN HERE THAT WE WANT TO HAVE SUBSTANTIVE NEGOTIATIONS COMPLETE BY DECEMBER 31ST. AGAIN, AN OUTSIDE DATE, WE'LL BE DILIGENT, WORKING WITH OUR PARTNERS HERE TO NEGOTIATE THESE DOCUMENTS.

IF WE CAN GET THEM DONE SSOONER, WE'LL WORK ON THAT -- AUDIO] -- AT LEAST BE WRAPPED UP BY DECEMBER 31ST.

NEXT ITEM IS EXPANSION OF THE CONVENTION CENTER. A DRAFT FEASIBILITY REPORT WAS PRESENTED TO THE COUNCIL BACK IN DECEMBER OF '24.

THERE WAS SOME ADDITIONAL WORK THAT WAS DONE AROUND THAT.

THAT FEASIBILITY STUDY REALLY LOOKS AT AT THE END OF THE DAY WHAT SHOULD THE EXPANSION DO IN TERMS OF ADDITIONAL SQUARE FOOTAGE FOR EXHIBIT HALL SPACE, BALLROOM SPACE, MEETING ROOMS. IT LOOKS AT OUR MARKET, OUR COMPETITIVE SET IN TERMS OF WHO WE TYPICALLY COMPETE AGAINST. WE'RE GOING TO JUST WORK OVER THE NEXT SEVERAL MONTHS WITH THE GOAL TO BRING THIS BACK TO YOU BY SEPTEMBER.

AS THE DISTRICT PROJECTS EVOLVE, WE WANT TO TAKE THOSE INTO CONSIDERATION, WE WANT TO LOOK AT MARKET ANALYSIS AGAIN, WE WANT TO MAKE SURE WE'VE GOT OUR SPACE REQUIREMENTS RIGHT. WE WANT TO LOOK AT ACCESSIBILITY TO THE PARK, SO IF YOU THINK ABOUT THE CONVENTION CENTER TODAY, IT REALLY IS FRONT-FACING TOWARDS MARKET STREET.

VERY LITTLE CONNECTION BACK TO THE BACK SIDE OR TO THE PARK.

DO WE NEED TO RECONSIDER THAT? DO WE NEED TO LOOK AT THAT? THE CONVENTION CENTER FROM A SELLING THE BUILDING PERSPECTIVE, MAYBE THERE'S SOME OPPORTUNITY THERE BECAUSE OF THE OTHER VENUES THAT ARE THERE, LIKE THE WOOD COURTHOUSE, IF THAT VENUE DOES GET RENOVATED AND IT'S 5,000 SEATS ROUGHLY, YOU KNOW, YOU COULD HAVE SOMEBODY'S GOT A LARGE CONVENTION SAYING I'M LOOKING FOR A GENERAL ASSEMBLY OPPORTUNITY IN A SMALLER VENUE THAT'S GOT A MORE INTIMATE SETTING, THAT BUILDING COULD BE PERFECT. IT'S RIGHT THERE.

SO IT COULD BE LEVERAGING THE ASSETS THAT ARE IN THE PARK AND THE VENUES THAT WE'RE MOVING FORWARD WITH, SO WE WANT TO TAKE A LOOK AT PARSE OF THE FEASIBILITY STUDY, BUT, AGAIN, THE GOAL WILL BE TO BRING THAT BACK TO YOU BY SEPTEMBER. DISTRICT INFRASTRUCTURE, THE LAST TIME WE TALKED

[00:35:02]

WE'RE JUST GOING TO RECOMMEND THAT WE GO BACK, CONTINUE TO WORK ON THAT, BUILD UP THE WORK THAT'S BEEN DONE, BUT CONTINUE TO REFINE THAT.

TALK TO OUR PARTNERS, COORDINATE OUR PLANNING EFFORTS WITH VIA, TXDOT, OTHER STAKEHOLDERS AS WE BRING A PLAN FORWARD. WE WANT TO MAKE SURE, ONE, WE UNDERSTAND WHAT THE IMPACT OF THAT CAN BE IN TERMS OF MOVING PEOPLE AND CARS IN AND OUT OF THE DISTRICT AND OUT OF DOWNTOWN, BUT ALSO WE WANT TO MAKE SURE IT'S EXECUTABLE. SO SOME OF WHAT WAS IN THAT PLAN ALSO WAS LEVERAGE DOLLARS, SO OUR MATCH TO FEDERAL FUNDS OR STATE FUNDS, WE JUST WANT TO MAKE SURE THAT THE PLAN WE'VE GOT IS EXECUTABLE, THEY'RE READY TO MOVE, IT FITS WITHIN THEIR PLANNING AND TIME HORIZON AND THAT WE CAN DO THAT AND MOVE FORWARD.

THE OTHER THING WE'LL LOOK AT IS SOME OF THE TIMING OF THE DISTRICT PROJECTS, AS WE'VE CONTINUED TO UPDATE SOME OF THIS, DOES THAT REALLY CHANGE HOW WE DO SOME OF THE INFRASTRUCTURE? FOR EXAMPLE, THE MIXED USE DEVELOPMENT, IF IT MOVES FORWARD, WHAT DOES THAT LOOK LIKE AROUND THE ARENA, WHICH PHASES GO FIRST, GSA PROPERTY OR ARENA, DOES THAT AFFECT WHAT WE MIGHT WANT TO DO AROUND CESAR CHAVEZ, SO WE WANT TO THINK ABOUT THAT. AND THEN WE WANT TO MAKE SURE THAT OUR INFRASTRUCTURE PROJECTS ARE KIND OF ALIGNING WITH WHAT WE'RE DOING ON THE VENUE SIDE. THE ALAMODOME ASSESSMENT, WE TALKED ABOUT THE FACT THAT WE'RE REALLY FOCUSING OVER THE NEXT 10 YEARS ON JUST MAKING SURE WE CAN PROVIDE THE OPERATING CAPITAL THE BUILDING NEEDS TO CONTINUE TO OPERATE AND BE SUCCESSFUL. WE HAD A CONSULTANT DO AN ASSESSMENT. OUR TEAM -- OUR STAFF DID AN ASSESSMENT OF THE BUILDING. THEY WERE OBVIOUSLY LOOKING AT THE BUILDING AND ITS NEEDS ALL THE TIME. BROUGHT A CONSULTANT IN TO LOOK AT IT AS WELL. WE'LL GET THAT DRAFT REPORT PROBABLY LATER THIS MONTH OR NEXT MONTH AND THAT WILL HELP US MAKE SURE WE'RE PLANNING FOR THAT OPERATIONAL CAPITAL THAT WE NEED TO PUT IN PLACE.

WE'VE TALKED ABOUT IN THE PAST CREATED CAPITAL AS WELLMENT WE'LL JUST ASSESS THAT AS WE GO AS FUNDING BECOMES AVAILABLE.

ARE THERE OPPORTUNITIES TO DO SMALLER SCALE INVESTMENTS IN THE' DOME THAT EITHER HAVE A FINANCIAL RETURN OR ENHANCE AT 10 TEE DEERNSES. ATTENDEE EXPERIENCE. WE WANT TO MAKE SURE THAT WE'RE DOING THINGS THAT IF A MAJOR RENOVATION HAPPENS IN 2035, YOU DON'T HAVE LIKE A STRANDED INVESTMENT WHERE WE'VE NOT REALLY RECOUPED THAT, SO WE WANT TO BE CAREFUL ABOUT WHAT WE'RE LOOKING AT, WHAT WE'RE DOING THERE. AGAIN, WE PLAN TO PRESENT SOME UPDATED RECOMMENDATIONS BY SEPTEMBER OF THIS YEAR. THE NEXT ONE IS DISPLACEMENT IMPACT ASSESSMENT BASED ON OUR TIRZ POLICY, A DISPLACEMENT IMPACT ASSESSMENT WOULD BE CONDUCTED BY OUR NEIGHBORHOOD HOUSING SERVICES DEPARTMENT. THEY'VE ALREADY STARTED SOME OF THIS WORK. WHILE THERE'S NO DIRECT DISPLACEMENT FROM THE DISTRICT PROJECTS, IT'S REALLY TO ASSESS THE IMPACT TO THE SURROUNDING NEIGHBORHOODS. THIGH EVE GOT A SCORE -- THEY'VE GOT A SCORE CARD THAT THEY WORK THROUGH, SO AS WE GET MORE INFORMATION ABOUT THE DEVELOPMENT THAT'S GOING TO BE OCCURRING IN THE DISTRICT, WE'LL SHARE THAT WITH THEM. I DON'T KNOW IF IT WILL CHANGE THE OUTCOME OF THE SCORE CARD, BUT WE'LL GET THEM THE MOST RECENT INFORMATION.

WE THINK THAT CAN BE COMPLETED IN THE SPRISPRING TIME FRAME. THE LAST ONE HERE IS ON FINANCIAL PLANNING.

YOU KNOW, AS AS WE CONTINUE TO DO ALL OF THE WORK THAT I JUST WENT OVER, ALL OF THAT FEEDS INTO AND RUNS IN PARALLEL WITH ALL OF THE FINANCIAL MODELING THAT WE DO. REVENUE PROJECTIONS WILL CONTINUE TO BE DONE, WE'LL CONTINUE TO LOOK AT OUR TREND ANALYSIS, HOW THINGS ARE DOING.

ASSUMPTIONS WILL CHANGE AND BE UPDATED, AS WE GET TIMING ON PROJECTS, WHEN THINGS ARE HAPPENING, SEQUENCING, ALL OF THOSE THINGS, WE'LL BUILD THOSE IN. SO THIS WILL BE A BIT FLUID FOR A WHILE, BUT THEY'LL BE RUNNING IN PARALLEL AS WE CONTINUE TO UPDATE THOSE, INFORMATION FROM SOME OF THE OTHER STUDIES WILL ALSO FEED INTO THIS FINANCIAL MODELING AND PLANNING AND THEN, OF COURSE, WE'RE ALWAYS WATCHING FINANCIAL MARKET CONDITIONS TO SEE IF THERE'S ANYTHING WE NEED TO ADJUST. THIS WILL BE OCCURRING THROUGHOUT THE YEAR, AND, AGAIN, IT WILL BE RUNNING IN PARALLEL WITH ALL OF THE OTHER EFFORTS THAT I JUST MENTIONED. MAYOR, THAT'S MY LAST SLIDE.

I'M GOING TO TURN IT OVER TO ERIK, WHO I THINK IS GOING TO WRAP UP THIS

PART OF THE PRESENTATION. >> WALSH: THANKS, BEN.

[00:40:01]

NUMBER ONE, THE CONVENTION CENTER ASPECT THAT BEN DESCRIBED, THE DISTRICT INFRASTRUCTURE, THE ALAMODOME AND THE SAWS CHILLED WATER, ALL OF WHICH WE ARE EXPECTING REPORTS SOON, ESPECIALLY ON THE 'DOME AND THE CHILLED WATER. BUT PART OF THE FEEDBACK MAYBE FROM THIS AFTERNOON FROM YOU ALL BECAUSE AS WE LAID OUT THE TIMELINE, WE'RE KIND OF LOOKING OUTWARD AND WHETHER OR NOT YOU ALL -- BECAUSE THERE WAS SOME CONVERSATION LAST YEAR ABOUT THOSE ELEMENTS, AND SCHEDULING A CONVERSATION WITH YOU ALL ON THOSE ISSUES, PARTICULARLY THE -- AS WE SEE WHAT THE ALTERNATIVES ARE TO BE THE MOST COST EFFICIENT, WHAT BEN SAID NICELY IS THAT SOMETHING THAT COSTS WAY TOO MUCH MONEY AND DOESN'T MAKE SENSE ON THE CHILLED WATER, WE'RE NOT GOING TO DO, RIGHT? BUT SAWS IS GOING TO HAVE TO -- AS THE OWNER OF THE UTILITY IS GOING TO HAVE TO FIGURE OUT HOW TO MAKE SURE THEY'VE GOT THE EXPANDED CAPABILITY TO BE ABLE TO SERVICE THOSE -- THAT DEVELOPMENT. AND THAT'S JUST THE NATURAL PART OF IT, BUT I THINK SOME OF THOSE -- THOSE FOUR THINGS FOR YOUR CONSIDERATION MAY REQUIRE SOME EARLY CONVERSATION, THE DISTRICT INFRASTRUCTURE THE SAME WAY, RIGHT? WE HAD THAT PRESENTATION AT THE BEGINNING OF LAST SUMMER, THERE WAS CONVERSATION AT THE END OF LAST SUMMER, I THINK THIS COUNCIL WEIGHING IN ON KIND OF THOSE CONCEPTS, THE -- I'LL USE AN EXAMPLE, THE MAYOR SAID LAST YEAR ABOUT THE PARKING GARAGE, DOES IT NEED TO BE A GARAGE? I MEAN, WHAT HAPPENS TO RETAIL, COMMERCIALS OR HOUSING ELEMENT? SO BEFORE WE DO WAY TOO MUCH WORK FOR 2026, YOU KNOW, HAVING THE CONVERSATION ABOUT THAT. THE SECOND POINT THAT I WANTED TO MAKE WAS THAT IN ADDITION TO KIND OF SETTING THE TEMPO FOR REGULAR UPDATE WITH THIS BODY, I'D LIKE TO GET SOME FEEDBACK AND THOUGHTS ON -- ON HOW WE ENGAGE THE COMMUNITY. WE HAVE A COUPLE OF OPPORTUNITIES, I MEAN, THIS IS -- TODAY'S PRESENTATION IS ONE OF THEM, RIGHT? IT COULD BE THIS KIND OF PRESENTATION, AND WE START THAT NOW. WE DIDN'T WANT -- WE WANTED TO KIND OF GET SOME FEEDBACK FROM YOU ALL HOW WE DO THAT, BUT WE ALSO HAVE SOME OPPORTUNITIES THROUGH THAT -- NOW THAT THE U.S. DEPARTMENT OF TRANSPORTATION HAS CLEARLY TOLD US THAT WE CAN UTILIZE THAT PLANNING GRANT MONEY, THAT IS ANOTHER COMMUNITY ENGAGEMENT PROCESS.

SO WE HAVE SOME TOOLS THAT WE CAN USE AND I'M INTERESTED IN HEARING FROM THE BODY ON WHAT YOUR THOUGHTS ON AND THEN WE CAN DEVELOP A PLAN AND BRING IT BACK TO YOU ALL. AND THEN LASTLY, JUST -- JUST DOWNTOWN IN BROAD -- IN A BROAD SENSE, YOU KNOW, AS PART OF THE CONVERSATION AROUND THE DISTRICT LAST YEAR, AND I SUSPECT GOING FORWARD, THERE ARE A MULTITUDE OF OTHER -- OF DOWNTOWN-RELATED ISSUES THAT ARE PART OF THIS CONVERSATION AND OTHERS THAT AREN'T THAT MAYBE SHOULD. WE HAVE ONGOING PRIORITIES, YOU KNOW THIS CERTAINLY, AROUND HOUSING, INFRASTRUCTURE, DOWNTOWN PARKS.

WE HAVE A RIVERWALK MASTER PLAN THAT WE BROUGHT TO B SESSION LAST YEAR THAT IS KICKING OFF -- OR THAT HAS KICKED OFF.

WE HAVE TRANSPORTATION AND PARKING ISSUES AND PRIORITIES.

WE HAVE VIA INVESTING A GREEN AND SILVER LINE THAT RUNS THROUGH THIS AREA, AND I'M SUGGESTING THAT WE ENSURE, YOU KNOW, AND FROM A GOOD STANDPOINT OF THE CORE OF THE CITY IS IMPORTANT, THAT THOSE ARE COORDINATED IN AN ALIGNED WAY. THE -- IT ALLOWS US TO TAKE INTO CONSIDERATION ALL ELEMENTS AND ALL PARTNERS, BEXAR COUNTY HAS -- IS -- HAS INDICATED THEIR DESIRE TO MOVE AND DO MORE IN TERMS OF HOUSING AS IT RELATED TO THE CONVERSATIONS THEY HAD WITH SAISD.

WE HAVE OPPORTUNITY HOME, WHICH IS A MAJOR PROVIDER OF HOUSING AS WELL.

AND SO IN AN ALIGNED WAY, HOW ARE WE ENSURING THAT ALL OF THAT IS TAKEN INTO CONSIDERATION? AND, YOU KNOW, COUNCILWOMAN KAUR AND I WERE TALKING ABOUT IT, AND ALSO WITH SEVERAL OTHER COUNCILMEMBERS, DOWNTOWN IS NOT HOUSTON, COMMERCE AND MARKET. DOWNTOWN IS THE CRAG -- THE ORIGINAL CRAG AREA OF THE CITY. IT IS -- COUNCILWOMAN CASTILLO ASKED ME ABOUT THE PFZ3-MILE RADIUS, IT'S EXACTLY THAT AREA, IT IS THE JAIL ON FRIO TO NORTH NEW BRAUNFELS, FROM 35 TO HIGHWAY 90, KIND OF

[00:45:02]

WITH YOU. THANKS, MAYOR. >> MAYOR JONES: SO IN SIGNING IN, PLEASE SIGN IN FOR ITEM 2, SINCE WE STARTED WITH THAT ONE FIRST. LET ME SAY, I KNOW WE GOT THESE SLIDES AT 7:00 P.M.

ON MONDAY, SO I KNOW SOME OF MY COLLEAGUES MAY HAVE OTHER QUESTIONS AS A RESULT OF THE ACTUAL PRESENTATION HERE AND MAY HAVE NOT HAD AS MUCH TIME WITH THE MATERIAL AS THEY WOULD HAVE LIKED. THIS IS AN IMPORTANT CONVERSATION AS WE LOOK, SOME OF THIS INFORMATION, FOR EXAMPLE, IN LOOKING AT THE BASEBALL STADIUM INFORMATION, WE DIDN'T HAVE THE BASKETBALL TERM SHEET, RIGHT? SO NOW WE HAVE THE OPPORTUNITY TO LOOK AT THESE THINGS IN THE AGGREGATE. I THINK IT'S ALSO IMPORTANT THAT WE CONSIDER POTENTIAL ASKS, NOT ONLY DO WE HAVE NEW INFORMATION, PART OF THAT NEW INFORMATION IS A NEW ECONOMIC ENVIRONMENT, RIGHT? ONE OF THE THINGS WE'LL GET AT THE END OF THIS MONTH IS AN INITIAL READOUT ON THE TABLETOP, WHICH HELPS US THINK THROUGH SOME OF THESE MAJOR ECONOMIC CONSIDERATIONS THAT ARE, ONE, DRIVING UP COSTS IN OUR COMMUNITY, BUT ALSO AS WHEN WE IMPLEMENT, THE ONE BIG BEAUTIFUL BILL, THESE MAJOR CUTS THAT ARE GOING TO COME DOWN ON THE MOST VULNERABLE AND HOW WE'RE GOING TO, YOU KNOW, THINK ABOUT MAJOR INVESTMENTS LIKE THIS, BUT ALSO CLOSING THE $142 MILLION BUDGET GAP THAT WE HAVE IN FY '27 AND ENSURING THAT WE ARE CARING FOR OUR CITIZENS AS BEST ABLE. I THINK WE ALL RECOGNIZE THIS IS A GENERATIONAL INVESTMENT, BUT ALSO WONDERFUL OPPORTUNITY, NOT ONLY FOR THE FOUR DISTRICTS THAT ERIK DESCRIBED, BUT FOR THE ENTIRE CITY, RIGHT? DOWNTOWN CAN BE MUCH MORE OF A STRATEGIC ECONOMIC ENGINE THAN IT CURRENTLY IS, AND NOW IS OUR OPPORTUNITY TO SHAPE THAT.

THERE IS, AS YOU'VE HEARD ME DESCRIBE, I THINK THERE IS A NEED FOR A DOWNTOWN MASTER DEVELOPMENT SO THAT WE ARE -- WHEN WE'RE LOOKING AT PHASE 1 OF EITHER THE BASKETBALL RARY ARENA OR THE BASEBALL ARENA WE CAN HAVE SOMETHING IN MIND. THINKING OF THE CONTEXT OF THE DOWNTOWN WE WANT AND THAT WE DESERVED. SOME OF THE THINGS THAT ERIK JUST MENTIONED I THINK CERTAINLY WOULD NEED TO BE INCORPORATED IN THAT, AND NOT JUST WHAT WE KNOW WE NEED TODAY.

WE KNOW WE NEED A LOT MORE AFFORDABLE HOUSING THAN WE CURRENTLY HAVE, BUT ALSO FOR THE GROWTH THAT WE KNOW IS COMING TO OUR COMMUNITY, RIGHT? WE'RE EXPECTED TO SEE A CITY THE SIZE OF AUSTIN JOIN US BY 2050, SO NOW IS THE TIME TO BE THINKING ABOUT NOT JUST, YOU KNOW, THE BASKETBALL -- THE SPORTS ENTERTAINMENT DISTRICT AND THE BASEBALL STADIUM AND WHAT THAT LOOKS LIKE, BUT ULTIMATELY THE GROWTH THAT WE KNOW IS COMING.

OKAY. LET ME GO TO MY COLLEAGUES HERE AND I'LL PROVIDE COMMENTS AT THE END. THIS IS FOR ITEM 2.

COUNCILWOMAN KAUR? >> KAUR: THANK YOU, MAYOR.

THANK YOU, BEN, FOR THIS PRESENTATION AND EXCITED TO BE TALKING ABOUT THIS

[00:50:04]

DOWNTOWN IS NOT JUST THE AREA WITHIN 35 LIKE HE WAS SAYING, AND IF WE LOOK AT THE BROADER CRAG, IF YOU ASK SOMEONE FROM THE EAST SIDE, THEY'LL SAY SUNSET STATION IS DOWNTOWN, PEOPLE SAY THE PEARL IS DOWNTOWN -- IS DOWNTOWN, SO I THINK IT'S IMPORTANT TO THINK ABOUT SOME OF THESE STUDIES THAT WE'RE DOING IN THAT VEIN AS WELL, AND MAKE SURE THAT THE ANALYSIS THAT WE'RE TALKING ABOUT INCLUDES ALL OF THOSE AREAS.

I DO THINK THERE ARE A LOT OF PIECES ALREADY HAPPENING, AND SO I OBVIOUSLY SUPPORT ERIK'S PROPOSITION TO HAVE US COME TOGETHER AND FIGURE OUT HOW DO WE PUT ALL THESE THINGS TOGETHER TO MAKE SURE THEY'RE ALL IN ALIGNMENT AND THAT WE'RE MOVING FORWARD TOGETHER. BUT I THINK MY BIG BEST FEEDBACK ON THE PRESENTATION TODAY IS THERE ARE THINGS THAT WE CAN DO NOW THAT WE DON'T HAVE TO WAIT FOR AN ARENA TO GET BUILT.

AND I THINK THE FIRST THING WE HAVE TO START WITH IS PARKING.

THE AMOUNT OF TIMES I HEAR DOWNTOWN, OH, THERE'S NO PLACE TO PARK. BUT WE HAVE SO MANY SURFACE PARKING LOTS, IT'S INSANE, THAT WE DON'T EVEN REALLY NEED THEM.

SO I THINK THAT ALL OF THE THINGS THAT ARE IN THAT RFPS FOR NEXT YEAR, I THINK THE DISTRICT STUDY WAS COMING BEFORE THE PARKING FEASIBILITY, BUT I ACTUALLY THINK WE REALLY NEED TO PRIO PARKING FEES BILITYD.

WE WANT TO BUILD A DOWNTOWN WHERE NOT ONLY TOURISTS ARE GOING TO NATURALLY COME TO, BECAUSE IT'S WHERE YOU LOOK UP WHEN YOU COME TO SAN ANTONIO, YOU COME TO THE RIVERWALK, BUT WE WANT TO BUILD A DOWNTOWN WHERE OUR RESIDENTS WANT TO COME DOWN TO AS WELL AND DON'T FEEL IT A BURDEN AND DON'T ONLY COME DOWN WHEN THERE'S FIREWORKS OR A BIG SHOW OR A BIG EVENT. SO I THINK THE NUMBER ONE BARRIER WE'VE GOT TO REMOVE FROM THERE IS PEOPLE THINKING IT'S NOT ACCESSIBLE BECAUSE OF PARKING. SO I THINK WE HAVE TO CREATE AN ONLINE TECH BASE SYSTEM THAT'S AN EASY APP WHERE YOU CAN SEE ALL AVAILABLE PARKING TO YOU. AT LEAST WE START WITH CITY PARKING LOTS, BECAUSE WE HAVE A BUNCH OF CITY PARKING THAT PEOPLE CAN ACCESS.

SO IF YOU KNOW YOU WANT TO COME TO HEMISFAIR, I CAN PARK LITERALLY ACROSS THE STREET AND THAT PARKING IS REASONABLE. AND KNOWING THAT YOU CAN PAY FOR THAT, SHOW YOUR LITTLE -- AND PARK IN THE PARKING LOT WITHOUT GETTING A TICKET AHEAD OF TIME I THINK WOULD MAKE PEOPLE'S ACCESS TO HEMISFAIR A LOT EASIER. SO I THINK THE NUMBER ONE THING WE'VE GOT TO LOOK AT IS PARKING. AND ALSO ON TOP OF THAT, FOR MY NEIGHBORHOODS, I'D BE REMISS IF I DIDN'T SAY IT, IS PARKING ENFORCEMENT IN THE NEIGHBORHOODS. WE'VE BEEN DOING IT MORE IN THE LAST SEVERAL MONTHS, WE'VE GOTTEN REALLY GOOD FEEDBACK. THERE'S NOTHING MORE FRUSTRATING THAN SOMEONE LIVING IN AND AROUND TOWN THAN SOMEONE PARKED IN THEIR DRIVEWAY NOT LETTING THEM GET OUT. WE DON'T NEED TO WAIT THREE OR FOUR YEARS TO ACTUALLY PUT THAT PARKING APP TO USE.

WE DON'T HAVE TO WAIT UNTIL A NEW ARENA COMES DOWN TO PREBOOK PARKING.

SO I WOULD LOVE FOR US TO HAVE AN OPERATIONAL APP BY THE END OF NEXT YEAR THAT ALLOWS YOU TO PREBOOK AND MAYBE EVEN GIVES YOU MONTHLY SPECIALS OR REDUCTIONS OR THINGS LIKE THAT. AND THEN EVENTUALLY, WE'VE TALKED ABOUT THIS PRIOR, BUT INSTEAD OF JUST DOING FREE TUESDAYS DOWNTOWN, IF YOU INCOME QUALIFY, YOU COULD EXPAND THAT PROGRAM AS WELL.

THE SECOND THING I WANTED TO REITERATE IS TRANSPORTATION.

SO VIA GREEN LINE IS HAPPENING. AND IT IS -- IT MIGHT BE STUCK UP IN SOME BUS TOP DESIGN RIGHT NOW, WHICH WE'RE WORKING THROUGH, BUT WE ARE MOVING FORWARD. AND SO WE NEED TO FIGURE OUT HOW TO START ENSURING THAT TOD, WHICH CAT AND HER TEAM PUT SO MUCH EFFORT INTO OVER THE LAST SEVERAL YEARS MOVED FORWARD, BECAUSE THAT IS AN INTEGRAL PART TO ENSURING PEOPLE CAN EASILY ACCESS DOWNTOWN.

SO I THINK CONTINUING TO SUPPORT THE CONVERSATION AROUND TOD IS REALLY IMPORTANT AND ALSO THE SECOND PART AROUND TRANSPORTATION IS MICROMOBILITY. WE'VE TALKED ABOUT THIS SEVERAL TIMES.

I'VE MENTIONED IT, BUT MICROMOBILITY IS HUGE FOR ENSURING THAT FOLKS CAN PARK A LITTLE BIT FURTHER AND GET TO THE SPACE THAT THEY NEED TO BY RUNNING MORE ROUTES. I THINK OUR TRANSPORTATION ADVISORY BOARD NEEDS TO REALLY TAKE THAT UP IN THE SPRING TO FIGURE OUT WHAT ARE THE ACTUAL ROUTES THAT WE WANT TO IMPLEMENT SO THAT PEOPLE CAN SEE IT AND ACCESS IT AND MOVE FROM ONE PLACE TO THE OTHER WITHOUT HAVING TO RELY ON CAR TRANSPORTATION. AS FAR AS THE SAWS CHILLED WATER PLANT, I AM GLAD WE ARE COMING UP WITH OTHER ALTERNATIVES.

I QUITE FRANKLY DO NOT THINK IT IS A GOOD IDEA FOR US TO GROW THAT, AND I LOOK FORWARD TO SEEING WHAT THE STUDY SAYS, BUT I'M HOPING THAT THE SATELLITE SOLUTION IS WHAT COMES ABOUT BECAUSE I JUST DON'T THINK THAT THAT IS THE RIGHT ENERGY OR TIME OR MONEY WE SHOULD BE SPENDING THERE

[00:55:02]

AND THEN AS FAR AS INFRASTRUCTURE GOES, I ALSO THINK THIS CONVERSATION NEEDS TO GROW TO THINKING ABOUT NOT JUST DISTRICT INFRASTRUCTURE, BECAUSE IF WE JUST LOOK AT DISTRICT INFRASTRUCTURE, WE'RE FORGETTING HOW DO PEOPLE GET TO THE DISTRICT.

AND SO THERE -- AND I KNOW SOME OF MY FRIENDS WERE TELLING ME, OOH, PLEASE, NO MORE CONSTRUCTION IN DOWNTOWN, WE'RE OVER IT.

I GET IT. WE'RE ALL A LITTLE BIT SCARRED, BUT WE'RE ON A BETTER TRACK AND WE STILL JUST CAN'T SAY WE'RE NOT GOING TO REDO ANY MORE OF OUR STREETS AND FIGURE OUT ANY MORE WAYS TO DO SHARED USE BIKE LANES.

I'M EXCITED TO SEE WHAT THE MARKET STREET BIKE LANE COMES UP WITH, BUT WE HAVE TO LOOK AT INFRASTRUCTURE MORE BROADLY, SO NOT JUST THE DISTRICT INFRASTRUCTURE. SO I WOULD LIKE US TO -- INTO LARGER DOWNTOWN AREA OR CRAG INFRASTRUCTURE SO WE KNOW HOW PEOPLE ARE GETTING IN AND OUT TO MAKE IT ALL SEEM A LITTLE BIT MORE SMOOTHLY AND CONNECTED. AND THEN ON TOP OF THAT, ALSO MAKING SURE -- AND THIS ACTUALLY GOES BACK TO MY TRANSPORTATION POINT, IS EVEN RIGHT NOW WE HAVE TO GET REALLY GOOD AT GETTING PEOPLE IN AND OUT WHEN WE HAVE EVENTS. I HAD CALLS AGAIN FROM MY LAVACA NEIGHBORS THIS WEEKEND THAT THERE WAS A CHANGE IN PATTERN FOR HOW YOU COULD GET OUT FROM THIS WEEKEND FOR THE MVP GAME ON SATURDAY, AND IT WAS TOUGH.

SO WE'VE GOT TO GET REALLY GOOD AT SOME OF THESE THINGS SO THAT THEY DON'T BECOME EVEN BIGGER CHALLENGE FOR US IN THE FUTURE.

SO AN UPDATED LIVE WEBSITE THAT SHOWS HOW YOU CAN -- WHERE THE BLOCKADES ARE, HOW YOU CAN GET IN AND OUT IS REALLY IMPORTANT.

AND THEN THE LAST THING THAT I WANTED TO TALK ABOUT WAS AFFORDABLE HOUSING, AND THIS, I THINK, IS A LARGER CONVERSATION THAT I'D LIKE TO CONTINUE AND ERIK MENTIONED IT A LITTLE BIT, BUT OUR HOUSING BOND, I THINK, WAS ONE OF THE MOST INCREDIBLE PIECES OF THE BOND THAT WE HAD LAST TIME, AND IT'S ALMOST COMPLETELY USED.

AND ON TOP OF THE HOUSING BOND, WE HAVE A LOT OF DIFFERENT OTHER SOURCES OF CREATING HOUSING. JUST AROUND THE DISTRICT RIGHT NOW, THERE ARE THREE AREAS THAT ARE GOING TO BE CONSIDERED FOR AFFORDABLE HOUSING.

THE HOUSING TRUST JUST PASSED A GOOD HOMES CONVERSION OF A HOTEL TO WORKFORCE HOUSING, JUST NORTH OF THE ALAMO. I WAS TALKING WITH OPPORTUNITY HOMES WHO'S REDOING VICTORIA COMMONS, THE LOFTS AT VICTORIA COMMONS AND ARE BUILDING THAT FOR AN AVERAGE OF 60% AMI, WHICH IS WORKFORCE HOUSING. AND THERE IS A PLOT OF LAND ON 'EM HIS FAIR THAT WAS PREVIOUSLY ALLOCATED FOR AFFORDABLE HOUSING THAT HAS NOT BEEN YET DEVELOPED, AND THERE IS AN OPPORTUNITY TO CONTINUE THE CONVERSATION TO DO THAT. SO I THINK WHAT WE HAVE IN FRONT OF US IS AN OPPORTUNITY TO MAP OUT ALL OF THE HOUSING THAT EXISTS IN OUR DOWNTOWN AREA AND MEASURE TO SEE WHERE IS ACTUALLY AFFORDABILITY THAT RESIDENTS AND FOLKS THAT ARE WORKING DOWNTOWN CAN ACCESS.

THE HOUSING TRUST DID AN ANALYSIS OF FOLKS AFFORDABILITY AND WHAT LEVELS THEY COULD BE ACCESSIBLE AT, AND THEY FOUND THAT A LOT OF THE SERVICE EMPLOYEES THAT ARE WORKING DOWNTOWN ACTUALLY WOULD BE ELIGIBLE FROM 50 TO 80% AMI LEVELS, DEPENDING UPON WHICH RESTAURANT AND WHAT THEIR TIPS AND WAGES LOOK LIKE, SO THE SERVICE COMMUNITY DOWNTOWN, IF THEY WANTED TO STAY, WOULD BE ELIGIBLE AT THOSE 60% AMI HOUSE UNITS. AND SO I THINK WE HAVE TO CONTINUE TO FIGURE OUT HOW IS IT THAT WE DOUBLE DOWN ON THAT INVESTMENT AND MOST IMPORTANTLY THROUGH EITHER THIS DASHBOARD OR ANOTHER WAY COMMUNICATE ALL OF THE COMPONENTS OF WHAT'S -- WHAT'S WORKING AND WHAT'S NOT.

YOU KNOW, HOUSING IS DEFINITELY -- WE ALWAYS HAVE A PRIORITY FOR AFFORDABLE BECAUSE IT'S WHAT WE WANT TO MOST HEAVILY INCENTIVIZE BUT AT SOME POINT WE NEED TO HAVE DIFFERENT LEVELS OF INCENTIVE OF ALL SCALES OF HOUSING. IT'S HOW WE GOT SO MUCH DOWNTOWN.

THERE'S STILL A LOT OF SPACE THAT COULD BE DEVELOPED, THERE ARE MORE EYES DOWNTOWN WE COULD HAVE BY JUST BRINGING RESIDENTS DOWN.

I WANTED TO MAKE SURE I SAID THAT. I'LL JUST CONCLUDE BY SAYING, WHEN WE DO THE DISTRICT ANALYSIS, I SEE THAT THE CONVENTION CENTER HOTEL IS STILL ON THERE. I'D LIKE -- I DON'T KNOW IF IT'S ALREADY GOING TO BE INCLUDED IN THAT, BUT I THINK WE NEED TO TAKE A LOOK AT WHETHER OR NOT THAT NEEDS TO BE INCLUDED IN THIS FIRST PHASE OF WORK, IF WE NEED A NEW CONVENTION CENTER HOTEL, JUST BECAUSE THE -- WE ALREADY HEAR FROM SOME OF OUR HOTELIERS THAT WE HAVE ENOUGH BEDS AND WE NEED TO MAKE SURE WE'RE FILLING THOSE BEDS BEFORE BUILDING A NEW ONE.

SO IF THERE IS SOME COMPONENT OF THAT, I THINK WE SHOULD MAKE SURE WE INCLUDE THAT. THAT'S IT FOR NOW, THANKS, MAYOR.

COUNCILMAN, GALVAN? >> GALVAN: THANK YOU, MAYOR AND TO THE TEAM FOFOR PUTTING THIS PRESENTATION TOGETHER. A COUPLE THINGS I WANTED TO TALK ABOUT, SLIDE 11, I WANTED TO ASK ERIK, I KNOW OVERALL THE WHOLE PRESENTATION HAD A LOT OF FOLLOW-UPS, IN SEPTEMBER A LITTLE THINGS IN BETWEEN THERE -- COUNCIL, WHEN DO WE GET INTO SOME OF THE MORE DETAILED PIECES HERE OR WOULD CITY COUNCIL HAVE ANY OVERSIGHT -- OR CONVERSATION ON THESE PIECES? BECAUSE I HAD SOME QUESTIONS ON DEVELOPMENT

[01:00:01]

COUNCIL DISCUSS THOSE PIECES? >> WALSH: YOUR QUESTION

IS ABOUT TIMING OF THOSE, WHEN THE COUNCIL. >> GALVAN: WOULD GET

FEEDBACK ON ANY OF THOSE PIECES. >> WALSH: YOU WANT TO TALK ABOUT THAT? BECAUSE THERE'S A PROCESS.

IT -- THE PRELIMINARY SCHEDULE IS WHEN WE'RE ANTICIPATING BEING DONE.

SO SOME OF THOSE ISSUES, FOR EXAMPLE, -- SOME OF THOSE AGREEMENTS WE WOULD

WANT THE DISTRICT STUDY IN OUR HAND. >> GALVAN: RIGHT.

>> WALSH: BEFORE WE GET TOO FAR. >> GALVAN: YEAH.

>> WALSH: BEFORE WE EVEN START, TO BE HONEST WITH YOU.

SO SOME OF THESE WILL DEVELOP OVER TIME. THIS PROBABLY LENDS ITSELF TO WHAT I SAID EARLIER ABOUT THOSE EXECUTIVE SESSIONS AND KEEPING YOU UP TO SPEED ON SOME OF THE NEGOTIATION POINTS AND GETTING FEEDBACK FROM YOU ALL, BUT THOSE COULD HAPPEN AS SOON AS -- WHAT

ARE YOUR THOUGHTS, BEN? >> GORZELL: SO, COUNCILMAN, WE HAVE NOT BEGUN NEGOTIATION OF ANY OF THESE DEFINITIVE AGREEMENTS YET.

I MEAN, WE PLAN TO COMMENCE THAT SOON. AS ERIK SAID, DEPENDING ON WHICH DOCUMENT OR AGREEMENT YOU'RE TALKING ABOUT, SOME ARE GOING TO MOVE AT A DIFFERENT PACE THAN OTHERS. SOME WE'RE GOING TO NEED OTHER INFORMATION, LIKE THAT DISTRICT STUDIMENT BUT I WOULD ANTICIPATE, I DON'T KNOW, MID SPRING PROBABLY IN THAT TIME FRAME.

AS ERIK SAID, THIS PROCESS, I THINK SOME OF THE UPDATES WILL BE IN EXEC SESSION -- EXECUTIVE SESSION, SORRY -- AS WE TALK ABOUT KIND OF WHERE WE'RE AT, WHERE THINGS ARE HEADED, SOME OF THE THINGS THAT WE'RE NEGOTIATING, I THINK THOSE ARE PART OF THOSE UPDATES.

>> WALSH: AND WE WON'T HAVE -- WE WON'T START ON ANY OF THESE AGREEMENTS

UNTIL WE'VE DONE THAT. >> GALVAN: OKAY. I GUESS THAT'S THE BIG QUESTION I HAVE, BECAUSE I DON'T WANT TO HAVE HAPPEN WE COME BACK IN SEPTEMBER AND SAY, OKAY, NOW WE CAN TALK ABOUT HOW WE WANT TO INCLUDE SMALL BUSINESSES WITHIN THESE AGREEMENTS OR NOW WE CAN INCLUDE LOCAL HIRING OR WHATEVER IT IS FOR EACH OF THESE COMPONENTS AND IT'S TOO STRICT OF A TIMELINE BETWEEN SEPTEMBER AND DECEMBER TO ACTUALLY APPROVE IT OR GET THE ACTUAL PRELIMINARY -- OR THE NEGOTIATIONS COMPLETED.

SO JUST TRYING TO IDENTIFY MY OWN HEAD A LITTLE BIT ABOUT WHEN WE CAN MAKE SURE THAT WE'RE GIVEN ALL THAT QUESTION -- OR THE FEEDBACK OUT. IF IT'S IN EXEC, THAT'S GREAT, OTHERWISE I'D LIKE TO -- FOR COMMUNITY ENGAGEMENT TO ALSO BE A PART OF THAT.

IF COMMUNITY'S LOOKING FOR SPECIFIC FOCUSING ON GROUND LEASING, I DON'T KNOW MAYBE THERE'S PEOPLE OUT THERE THAT WANT TO TALK ABOUT THAT, THAT THEY HAVE THE OPPORTUNITY TO DO SO WITHOUT IT BEING AFTER NEGOTIATION'S ALREADY SET. OKAY. SO I'M KEEPING MY HEAD

EARLY -- SPRING-ISH. AND DEPENDS ON EACH ONE. >> GORZELL: MARCH TIME

FRAME IS KIND OF WHAT I WOULD TARGET FOR THAT. >> GALVAN: GOT IT.

THANK YOU. CHIEND OF MIRROR A LOT OF WHAT COUNCILWOMAN KAUR MENTIONED ABOUT THE DOWNTOWN OVERVIEW, I THINK.

WHAT I HEARD FROM A LOT OF OUR RESIDENTS WHEN WE HAD THESE KIND OF CONVERSATIONS BACK IN JULY OF LAST YEAR OF WHAT THIS DISTRICT COULD LOOK LIKE, THE QUESTIONS WE'RE NOT ALWAYS SOLELY ABOUT THE STADIUMS THEMSELVES OR HOW THEY FUNCTION, HOW DO WE GET THERE, HOW DO WE MAKE SURE IT'S ENJOYABLE FOR EVERYBODY, WORKING WITH HOUSING, WORKFORCE OR SMALL BUSINESS, IT'S IT'S. SO I REALLY THINK WE -- ET CETERA.

I REALLY THINK WE NEED TO HAVE SOME STRUCTURES IN PLACE, OR AT LEAST WORKING ON THOSE STRUCTURES TO DELIVER ON THOSE GOALS.

HOUSING TRUST IS THE KEY PLAYER IN ALL OF THIS, RIGHT? I THINK IF THERE'S A WAY THAT WE CAN MAKE SURE WITH THE NEXT HOUSING BOND -- PERSONALLY, I THINK IT'S A GOOD WAY TO FIND A WAY -- SORRY, IT'S A GOOD THING TO LOOK AT TO FIND A WAY TO MAKE SURE THAT THE HOUSING TRUST IS ABLE TO PROVIDE ANY KIND OF LOANS IN OUR OWN KIND OF WAY THAT ARE LOCALLY ADMINISTERED HERE TO CREATE AFFORDABLE HOUSING AS WELL AS ANY OTHER KIND OF HOUSING, BUT PRIMARILY AFFORDABLE, THAT WE HAVE A BIT MORE CONTROL ON, VERSUS WAITING TO SEE IF THE MARKET CAN PRODUCE, WAITING TO SEE IF SOMEBODY GETS A TAX CREDIT, WE NEED TO SEE WHETHER SOMEONE GETS THIS INCENTIVE. I THINK IT'S IMPORTANT FOR US TO LOOK AT CITY AND COUNTIES TA ARE DOING A -- THAT ARE DOING A DREK ACTION HERE, TO MAKE SURE OUR HOUSING DEVELOPMENT'S NOT ONLY IN DOWNTOWN BUT IN OUR CITY, IN CHICAGO I THINK ABOUT THE RESIDENTIAL HOUSING CORPORATION, THE WORK BEING DONE IN MARYLAND, AGAIN, TO KEEP THAT FOCUS THERE AND TO KEEP IT THERE, AND WE HAVE A STRUCTURE SAYING WE NEED X AMOUNT OF HOUSING, HOW DO WE GET IT? I'D RATHER HAVE THE HOW WORKED INTO THIS, WHETHER IT'S IN THIS YEAR OR LATER ON, BUT I PREFER SOONER THAN LATER SO WE CAN REALLY DELIVER RATHER THAN SAYING THIS IS OUR GOAL BUT WE HAVE NO MEANS TO GET TO IT. ON THE TRANSPORTATION, PARKING AND SUCH I RIGHT THERE WITH ALL OF IT. I WANT TO MAKE SURE THAT WE'RE ABLE TO HAVE ENOUGH PARKING THAT WE NEED, BUT I -- REALLY, I THINK THE PARKING PIECE HAS TO COME AROUND WITH VIA PARK AND RIDE, ANY KIND OF SIMILAR EFFORTS THAT CAN ALIGN WITH VIA TRANSPORTATION, RAPID OR OTHERWISE.

I -- WHAT I DON'T WANT TO HAVE HAPPEN IS THE INFRASTRUCTURE INVESTMENTS WE'RE MAKING DOWNTOWN BECOME JUST MORE WAYS FOR CARS TO GET THROUGH A LOT FASTER AND IT BECOMES THE SAME TRAFFIC LEVEL OR MORE.

IF IT PARKING GARAGE ON THE EDGE OF SOMETHING -- PARK AND RIDES ACROSS THE WRAIR WE CAN REALLY FOCUS IN ON, I THINK THAT WILL BE REALLY HELPFUL FOR

[01:05:04]

I'M CURIOUS TO SEE WHAT WAYS DOWNTOWN SPECIFICALLY CAN GENERATE, LIKE SPECIFIC FUNDING FOR THIS INFRASTRUCTURE WORK.

I KNOW, OF COURSE, THE PID IS WITH CENTRO, THE TIRZ HAVE THEIR OWN FOCUSES, I WONDER IF THERE'S ANY WAY TO KIND OF FOCUS IN THIS EFFORT, THAT WAY IT DOESN'T EAT UP INTO THE LARGER INFRASTRUCTURE BOND PLANNING FOR THE REST OF THE CITY, I DON'T HAVE A FULL DETAIL THOUGHT ON THAT ONE, BUT THAT'S WHAT I'M STUCK ON IF WE CAN FIND FUNDING SPECIFICALLY FOR THIS WORK, WHATEVER IT IS, THOSE INFRASTRUCTURE NEEDS, I WANT TO FIGURE OUT A WAY WE CAN DO THAT WITH A GOOD BALANCE WITHOUT IT IMPACTING THE REST OF THE CITY FOR MY DISTRICT, YES, I WANT TO GO DOWNTOWN BUT MY STREETS ARE UNDER SEVERE DAMAGE, DRAINAGE, JUST TRYING TO BALANCE THAT OUT. I WOULD LOVE TO SEE WHAT OTHER CITIES HAVE DONE TO CREATE MAYBE SPECIFIC INFRASTRUCTURE FUNDS OF SOME KIND FOR THE AREA.

I THINK OVERALL, TOO, I REALLY APPRECIATE, OF COURSE, THE -- TRYING TO REMEMBER THE EXACT NAME -- EXECUTIVE PROGRAM MANAGER FOR THE DISTRICT COMPONENT, BUT I ALSO THINK -- I REALLY WOULD LIKE TO SEE A WAY THAT -- I MEAN, WHEN I THINK ABOUT DOWNTOWN AND THE KIND OF DIFFERENT DEVELOPMENTS GOING ON, EVEN WHEN I TALK TO RESIDENTS, PEOPLE TALK ABOUT THE RIVERWALK, RIGHT, THAT'S OHP, WE TALK ABOUT MARKET SQUARE, THAT'S CCDO, DIFFERENT FUNDING MECHANISMS, MID TOWN, ALL DIFFERENT TIRZ DOING DIFFERENT PLANNING, WHILE COORDINATING, STILL OUR DIFFERENT ENTITIES CAN STILL HAVE A BIT OF -- I DON'T KNOW ABOUT TROUBLE, BUT I WOULD LIKE TO SEE THEM MORE COORDINATED. A LOT OF DIFFERENT ENTITIES COORDINATING THIS WORK, I'D BE INTERESTED IN FINDING WAYS THAT WE CAN KIND OF HAVE A LARGER KIND OF DOWNTOWN DEPARTMENT OR FOCUS THAT IS JUST STRICTLY FOCUSED ON THIS KIND OF WITH THE STRUCTURES IN PLACE FOR HOUSING, TRANSPORTATION, AND PARKING.

WITH THE STRUCTURES IN PLACE FOR PARKS. ALL OF THOSE THINGS HAVE TO COME TOGETHER OR ELSE WE'RE GOING TO BE STEPPING ON TO THE TOES WHEN IT COMES TO THE HEMISFAIR'S MASTER PLAN, VIA'S MASTER PLANNING. THAT IT DOESN'T FLOW THE WAY WE NEED TO. THAT'S JUST, I THINK, A GOOD WAY TO FOCUS THIS EFFORT ON INNER CITY/DOWNTOWN DEVELOPMENT, WHETHER IT'S WITH THE PRIVATE DEVELOPMENT ARMS BUT MOSTLY THE PUBLIC PARTS. HOW CAN WE MAKE SURE WE'RE DELIVERING ON THIS. ESPECIALLY AS WE GO INTO BUILDING NEIGHBORHOODS DOWNTOWN. WHETHER IT'S TRYING TO FIND WAYS TO GET GROCERY STORES DOWNTOWN, TRYING TO WAY TO GET PHARMACIES AND HEALTHCARE ACCESS.

AT SOME POINT THERE HAS TO BE SOME KIND OF LEAD THERE VERSUS HOPING THAT SOMETHING COMES IN. THOSE ARE SOME OF THE BIG THINGS FOR ME IS THAT I THINK THE STRUCTURES ARE REALLY GOING TO NEED TO BE IN PLACE.

I WOULD LIKE TO SEE IF WE COULD DO IT INTERNALLY, WHETHER IT'S THE PLANNING DEPARTMENT OR OTHER RELEVANT DEPARTMENTS. THOSE ARE JUST SOME OF THE THINGS THAT ARE CRUCIAL THERE. SAME THING FOR SMALL BUSINESS INCLUSION TOO AND WORKFORCE DEVELOPMENT. I THINK FINDING WAYS THAT WE CREATING POLICIES WITHIN THE DEVELOPMENT AGREEMENTS OR GROUND LEASES OR ANY ACTIONS WE OVERSEE TO ENSURE THAT THERE'S, YOU KNOW, CAPITAL FUNDS FOR BRICK AND MORTAR SPACES, ESPECIALLY IF WE'RE HAVING HISTORIC BUILDINGS, LEASING SPACE, CO-LEASING SPACE AND MAKING SURE THERE'S NOT UNION-BUSTING ACTIVITIES WITH THINGS WE ARE FUNDING. ALL OF THAT NEEDS SOME KIND OF CENTRAL LOCATION TO COORDINATE BETWEEN ALL THESE OTHER PIECES. I'LL PAUSE THERE.

THANK YOU VERY MUCH. THANK YOU, MAYOR. >> WALSH: MAYOR, ONE ISSUE I WAS GOING TO RESPOND TO THE COUNCILMAN. YOUR FIRST POINT AROUND HOUSING. YOU'RE ABSOLUTELY RIGHT. WE DID NOT KNOW WHAT WAS GOING TO OCCUR WITH THE HOUSING BOND WHEN WE STARTED THAT, WHEN THE LAST COUNCIL STARTED THAT. AND WE'VE LEARNED A LOT FROM IT.

AND I THINK YOU DESCRIBED THIS BUT IN MY HEAD IT'S ALSO, LIKE THE LAST PRE-SOLICITATION THAT WE HAD HERE WHERE THE MAYOR AND COUNCILWOMAN KAUR WERE TALKING ABOUT HOW ARE WE JUDGING THESE THINGS. AND THE MAYOR'S POINT WAS -- AND I THINK IT AT THAT TIME WAS WHY ARE WE INCENTIVIZING SOMEBODY WHO IS THREE BLOCKS OFF -- I DON'T REMEMBER WHAT IT WAS -- OFF THE VIA LINE. WE KNOW WHAT WE CAN ACHIEVE WITH THAT HOUSING BOND SO WE SHOULD SET DIFFERENT RULES OR PARAMETERS FOR IF YOU'RE ON THE VIA LINE, THEN GREAT. IF YOU'RE THREE BLOCKS OFF, THEN GOOD LUCK.

[01:10:05]

BUT I THINK WE CAN SET SOME PARAMETERS AND IT SHOULD BE TIED TO -- IT COULD BE TIED TO TOD CORRIDORS. IT COULD BE TO A VIA LINE AND THE GREEN AND SILVER.

THAT COULD BE A PRIORITY OF THE CITY'S BECAUSE WE WENT THROUGH THAT EFFORT TO ESTABLISH TODS BECAUSE IT MADE IT EASIER FOR DEVELOPMENT ALONG THOSE AREAS SO THAT PEOPLE WILL USE THE MASS TRANSIT. AND IF WE DON'T DO IT, THEN ARE THEY GOING TO USE THE MASS TRANSIT? I 100% AGREE THAT THERE'S AN ALIGNMENT WE SHOULD TAKE A POSITION ON AS A CITY AND THE COUNCIL TO BE ABLE TO

SET THAT FRAMEWORK. >> GALVAN: I WANTED TO FULLY AGREE ON THAT.

I WANT TO MAKE SURE TOO IS THAT, AGAIN, THAT STRUCTURE PIECE THAT I KEEP MENTIONING --T WANT TO SEE WITH HOUSING, PARTICULARLY FOR DOWNTOWN AND THE INNER CITY, WE'RE TRYING TO DELIVER AFFORDABLE HOUSING. I DON'T WANT OUR HOUSING BOND -- AGAIN, IT WAS OUR FIRST ONE SO WE FIGURE OUT THESE THINGS.

I DON'T WANT TO SEE THE HOUSING DOLLARS RUN OUT AND GO NOTHING CAN HAPPEN.

I WOULD RATHER FIND A WAY TO KEEP THAT FUND MOVING FORWARD THROUGHOUT THIS ENTIRE WORK OVER THE NEXT TEN-PLUS YEARS BUT ALSO FOR THE ENTIRE CITY.

>> MAYOR JONES: RELATED TO THAT, ANDY, IN CASE IT HELPS ANYBODY WITH EITHER THIS PRESENTATION OR THE NEXT, CONSIDERING BOTH TERM SHEETS ARE NON-BINDING.

CAN YOU PROVIDE AN EXPLANATION, DEFINITION FOR NON-BINDING FOR THIS

DISCUSSION? THAT WOULD BE HELPFUL. >> SEGOVIA: YES, MAYOR.

THE TERM SHEETS ARE NON-BINDING. WHAT THAT MEANS IS THAT WHILE IT SETS A FRAMEWORK FOR FURTHER DISCUSSIONS AND ENVISIONS COMING TO DEFINITIVE AGREEMENTS, IT MEANS THAT IF THE PARTIES DON'T ACCOMPLISH -- IN OTHER WORDS, IF WHAT IS ENVISIONED ISN'T ACCOMPLISHED, THERE'S NOT GOING TO BE ANY LAWSUITS STEMMING FROM THAT. BUT IT DOES SET A FRAMEWORK FOR CONTINUED NEGOTIATIONS.

THERE'S NOT THAT HAMMER OF A POTENTIAL LAWSUIT IF SOMETHING DOESN'T OCCUR THAT IS EXPECTED TO OCCUR. AND SO THAT'S WHAT A TERM SHEET DOES.

IT SETS THAT FRAMEWORK. >> MAYOR JONES: COUNCILWOMAN VIAGRAN.

>> VIAGRAN: THANK YOU, MAYOR. THANK YOU FOR THE PRESENTATION. ENSURING THAT WE HAVE A VIBRANT DOWNTOWN, WE TELL OUR STORY HAS BEEN A FOCUS OF MINE. WHETHER IT'S BECAUSE I'M A DAUGHTER OF AN EMPLOYEE, A CITY OF SAN ANTONIO EMPLOYEE, SOMEONE WHO WENT TO HIGH SCHOOL DOWNTOWN AT PROVIDENCE, OR BECAUSE OF THE HISTORY WHERE A DESCENDANT OF THE ALAMO OR MY TIME AT VISIT SAN ANTONIO.

THIS HAS BEEN IMPORTANT TO ME AND SO I THINK WHEN WE TALK ABOUT THIS -- YOU KNOW, I'LL CALL IT THE SAN ANTONIO SPORTS AND ENTERTAINMENT, SPORTS, CULTURE, AND ENTERTAINMENT DISTRICT. OR WE CAN CALL IT THE SAN ANTONIO SPORTS, CULTURE, AND ENTERTAINMENT DISTRICT AS WE MOVE FORWARD . IF WE ARE LOOKING AT THAT THERE ARE GOING TO BE OTHER SPORTS, CULTURE, AND ENTERTAINMENT DISTRICTS WITHIN THE CITY OF SAN ANTONIO. AND I BELIEVE THAT THERE WILL. AS I LOOK AT THE FROST BANK CENTER THAT SITS AT THE EAST AND I LOOK AT THE QUALITY FACILITIES WE HAVE TO THE NORTH.

SO I'M GLAD THAT WE HAVE THIS PRESENTATION AND WE ARE HAVING KIND OF THIS LAID OUT AS WE COME HERE. I WANT TO START WITH THE FIRST SLIDE, DISTRICT 2.

AGAIN, I THINK -- I'M IN AGREEMENT WITH DR. KAUR. WE NEED TO LOOK AT THE CURRENT HOTEL SPACE AND HOW WE'RE FILLING IT BEFORE WE EVEN BEGIN PUTTING A NEW HOTEL IN THE PHASE. IN TERMS OF THE REIMAGINING WITH THE ALAMODOME, I THINK IT'S IMPORTANT THAT WE START THAT CONVERSATION WITH THE PUBLIC EARLY ON BECAUSE THAT TERM REIMAGINE WE TRIED WITH THE ALAMO AND THAT GAVE SOME PEOPLE SOME HEARTBURN -- NOT ME BUT THE PREVIOUS PERSON THAT SAT ON THIS SEAT. EXCITED ABOUT THE LAND BRIDGE. I DO THINK IN TERMS OF THE EVENT VENUE, THAT IS THE WOOD CENTER, WE NEED A TRUE COST IN TERMS OF WHAT THAT IS GOING TO LOOK LIKE SUSTAINABILITY-WISE. THIS IS THE STORY -- AND I WANT TO ADDRESS THE SPECIFIC QUESTIONS. THIS IS THE LAYOUT OF THE FRAMEWORK OR HOW WE'RE GOING TO MOVE FORWARD. YOU KNOW, MY TOP PRIORITIES AGAIN -- I'M GOING TO STATE

[01:15:04]

ON WHAT YOU'VE GIVEN TO THE MAP. THE OTHER THING THAT WE DISCUSSED IS THE TRAFFIC. I DO BELIEVE THERE ARE THINGS THAT WE CAN DO NOW.

I AM INTERESTED IN ANY ONLINE TECHNOLOGY SERVICE BUT YOU KNOW THIS, ERIK, AND I'LL TELL YOU AGAIN. I WANT TO BEGIN WITH THE GARAGES.

WE HAVE DOWNTOWN. AND THE FACT THEY NEED TO TELL US HOW MANY EMPTY SPACES WE HAVE. BECAUSE IF I GO INTO THAT CONVENTION CENTER GARAGE ACROSS THE STREET FROM THE FROME HYATT ONE MORE TIME AND I SEE IT EMPTY WHEN I KNOW IT'S A NIGHT THAT IT CAN BE FILLED, YOU'RE GOING TO KEEP HEARING FROM ME ABOUT THAT.

BECAUSE I WAS LIKE, WE COULD FILL THIS. WHY AREN'T WE -- WHY ISN'T THIS FILLED? WHY DON'T WE ADVERTISE? SO THAT IS -- I THINK WE NEED TO LOOK AT THE DOLLARS WE COULD POSSIBLY BE LOSING IF WE DO NOT UPGRADE THAT AND WE FIND SOME SORT OF SOLUTION AS WE MOVE FORWARD. THE OTHER THING I WANT TO TAKE INTO AS WE TALK TRAFFIC-WISE IS WE TALK ABOUT WALKABILITY AND WE KEEP THAT ASPECT AS A PRIORITY, WHENEVER TRAFFIC OR GARAGES WE TALK, WE UNDERSTAND WE ARE STILL KNOWN FOR OUR WALKABILITY AND THE FACT THAT PEOPLE CAN GET TO THEIR HOTEL AND ON A GOOD WEATHER DAY WALK TO THE CONVENTION CENTER OR EVEN THE ALAMODOME. SO I THINK WE NEED TO TAKE THAT IN THERE INTO CONSIDERATION. THE OTHER, I DO AGREE WITH THE INPUT FOR THE TIME-FRAME AND THE TEMPO AND I'M VERY EXCITED ABOUT THAT. HOWEVER, WE HAVE GOT PROJECTS IN DIFFERENT DISTRICTS AROUND THE CITY AND I DO NOT WANT THIS TO BECOME THE ONLY SHOW WE DISCUSS IN B SESSIONS AND EXECUTIVE SESSIONS.

8, 9, AND 10 HAVE PROJECTS. 7 HAS PROJECTS. I HAVE PROJECTS DEEP SOUTH.

WE NEED TO BE ABLE TO MAKE THIS MORE EQUITABLE BECAUSE I FELT LIKE THE FIRST PART OF THIS -- OR THE LAST PART OF THIS BUDGET SESSION IT WAS DOWNTOWN ALL THE TIME.

I DO NOT WANT TO SEE THAT AS WE MOVE FORWARD. IN TERMS OF THE LAND BRIDGE, I KNOW THE EFFORT THAT WAS PUT IN, BECAUSE I SIT ON THE COMMITTEES, ABOUT PUTTING THAT OUT. I WOULD LIKE TO SEE IF THE TEAM COULD GO AND DISCUSS WHAT WE HAVE THERE, WHAT SORT OF PERCENTAGE THEY'RE LOOKING AT.

I'M ASSUMING IT'S AN INCREASE. AND IF THE TEAM WARRANTS, WE JUST NEED TO SEND IT BACK OUT FOR ANOTHER ONE. I DO WANT TO HAVE THE CONVERSATION WITH THE EFFORTS THAT WE PUT THERE. EXECUTIVE PROGRAMMING MANAGER IS KEY. I APPRECIATE THAT TIMELINE. THE FEASIBILITY STUDY KEY APPRECIATE THAT TIMELINE. ON SLIDE NO. 8, I WOULD LIKE TO SEE THAT, IF WE CAN BRING THAT UP. I AM GOING TO SAY RIGHT NOW I NEED THIS TIMELINE MOVED UP. THIS IS GOING TO TAKE ME TOO LONG.

IF I HAVE THE PROGRAM MANAGER AND WE HAVE THE FEASIBILITY STUDY, I BELIEVE THIS CAN BE MOVED UP. I THINK WE NEED TO DO THAT. SLIDE NO. 9, I'M IN AGREEMENT WITH COUNCILWOMAN KAUR. WE ARE THE BIGGEST CONSUMERS RIGHT NOW AND I DON'T SEE A HOTEL COMING SO I THINK WE NEED TO -- THAT IS SOMETHING THAT ISN'T GOING TO BE NECESSARY FOR A WHILE. AND THEN ON SLIDE NO. 10, AGAIN, I'M GOING TO RESTRESS THE PARKING FEASIBILITY AND I THINK THE TECHNOLOGY IS OUT THERE AND WE NEED TO LOOK AT THAT. WHEN WE TALK ABOUT THIS PROJECT AND WE KNOW DOWNTOWN IS A CITYWIDE, WHEN IT COMES TO BOND, AND WE DO THIS -- AND I APPRECIATE THE EFFORTS TO PUT IT ON THE CALENDAR FOR B SESSIONS AND EXECUTIVE SESSIONS. THE ONE THING I WANT TO MAKE CLEAR AND SHARE WITH MY COLLEAGUES IS THAT AT ANY POINT IN TIME, AS YOUR ROLE AS A COUNCIL MEMBER, YOU CAN SPEAK WITH YOUR LIAISON OR YOU CAN REQUEST A MEETING WITH BEN OR ERIK TO DISCUSS THE NEGOTIATIONS. I AM FULLY CONFIDENT IN THE LAST FOUR YEARS THAT I'VE

[01:20:01]

BUT WE DO NEED TO EXPRESS OUR PRIORITIES AS WE GO INTO THESE NEGOTIATIONS CLEARLY AND CONCISELY. WHETHER THAT IS WHAT WE DO WITH SMALL BUSINESS AND WHAT WE DO WITH HOUSING AND WHAT WE EXPECT AS TO AFFORDABILITY.

I THINK WHO WE EXPRESS THOSE OPINIONS TOO, OF COURSE IS THROUGH OUR -- WHAT WE'VE BEEN DOING AND HOW WE PRIORITIZE. PEOPLE WILL KNOW I WANT WHATEVER COMES DOWNTOWN, IT NEEDS TO TAKE INTO CONSIDERATION SENIORS, BECAUSE THAT'S BEEN MY PRIORITY, THOSE LIVING WITH DISABILITIES.

BUT IN TERMS OF SPECIFICS, I WANT TO STRESS THAT THAT IS THE CONVERSATION WE HAVE WITH OURSELVES, WITH EACH OTHER, AND WITH OUR NEGOTIATORS, WHICH IS ERIK AND BEN AS THEY GO INTO THAT. SO I WANT TO STRESS THAT WE'VE GOT THE TIME. I DON'T THINK WE NEED TO WAIT TO CONTINUE TO HAVE THOSE MEETINGS AND EXPRESS WHAT WE WANT TO SEE FOCUSED ON.

I THINK THERE'S A WAY WE DO THAT AS WE INTERACT WITH THE COMMUNITY.

BUT I DON'T WANT IT TO BE ALL CONSUMING WHERE IT IS MEETING AFTER MEETING, B SESSION AFTER B SESSION WHERE WE'RE EXPRESSING THIS. I WANT TO MAKE IT CLEAR RIGHT NOW THAT MY PRIORITIES ARE THE LAND BRIDGE, THE EXPANSION, AND THE ARENA.

AND I THINK FROM THAT WHERE WE MOVE FORWARD AND WHERE WE HAVE THE TERM SHEETS -- AND I THINK BOTH TERM SHEETS ARE FINE FRAMEWORKS THAT WE HAVE.

I THINK ANYTHING FROM THIS POINT FORWARD, ANY OF THOSE -- ANY PEOPLE WATCHING UNDERSTAND THAT WE AS A COUNCIL HAVE EXPRESSED IT THROUGH OUR VOTES OVER THE LAST FOUR YEARS. I WOULD EVEN GO BACK TO MAYOR CASTRO FOR THE LAST 16 YEARS ABOUT WHERE WE WANT TO MOVE THIS CITY . I THINK THE ONE THING IS WE WANT TO MOVE THIS CITY TOGETHER AND IN CONSIDERATION OF ALL THE PEOPLE AND ALL THE DISTRICTS AND THAT WE'RE ALL FULLY COMMITTED AROUND THIS TABLE THAT DOWNTOWN BELONGS TO THE ENTIRE CITY OF SAN ANTONIO. AND WE WANT TO HELP OUR COUNCILWOMAN AS SHE DEALS WITH THE NEIGHBORHOODS DAY-TO-DAY.

BECAUSE I HAVE HAD NEIGHBORHOODS FROM YOU BE LIKE, OH, YOU WANT TO TALK? TALK TO YOUR COUNCILWOMAN FIRST. I WANT TO THANK YOU FOR THE PRESENTATION AND LOOK FORWARD TO GETTING MORE UPDATES.

>> MAYOR JONES: COUNCILWOMAN ALDERETE GAVITO.

>> GAVITO: THANK YOU. THANKS, BEN FOR THE PRESENTATION.

I'M GOING TO START OFF WITH THE BOTTOM LINE UP FRONT. THAT'S, ERIK, THAT THIS LOOKS GOOD AND I WANT TO MOVE FORWARD WITH ALL OF THE SLIDES ON HERE, IT'S IMPORTANT WORK, IT'S A LOT OF WORK AND WE NEED TO KEEP MOVING FORWARD.

REALLY QUICK, SOME FEEDBACK ON THE SLIDES. THE EPM.

BEN, I LIKE WHAT YOU SAID. I MEAN, IT'S GOING CRAZY BECAUSE THERE'S A LOT TO TRACK. I DO THINK IT'S IMPORTANT WORK TO SEE HOW WE CAN FIND COST SAVINGS WITH EVERYTHING THAT'S GOING ON. I DID HAVE A QUESTION.

WHO IN THE CITY OR WHAT DEPARTMENT OR WHAT PERSON WOULD THE EPM KIND OF REPORT

TO? >> WALSH: BEN'S GOING TO LET ME ANSWER THAT QUESTION.

AND WE TALKED ABOUT THIS IN DECEMBER AS A GROUP. YOU KNOW, WE'RE GOING TO HAVE TO HAVE A DESIGNATED INDIVIDUAL OR SMALL GROUP OF INDIVIDUALS TO OVERSEE THIS EFFORT. AND SO WE'LL NEED TO HAVE THAT PERSON.

AND WE'LL HAVE THAT PERSON AND THAT GROUP ESTABLISHED BEFORE THIS ITEM GETS SOLIDIFIED. SO WE STARTED WORKING ON THAT AT THE END OF LAST YEAR. AND IT'S STILL IN DEVELOPMENT.

>> GAVITO: OKAY. >> WALSH: BUT I THINK WHAT'S ALSO IMPORTANT TO STRESS IS THAT IT ALSO ISN'T JUST ONE PERSON'S JOB. THERE'S A GOVERNANCE STRUCTURE. AND I DON'T MEAN A GOVERNANCE STRUCTURE LIKE THE CITY COUNCIL, I'M TALKING ABOUT INTERNALLY IN TERMS OF HOW YOU MANAGE

PROJECTS OF THIS SIZE. >> GAVITO: RIGHT. >> WALSH: YOU HAVE ELEMENTS OF CAPITAL, HOUSING, DOWNTOWN, PUBLIC WORKS, THE CONVENTION CENTER. SO IT WILL BE PART OF A STRUCTURE THAT WE WILL REPLICATE. IT'S THE SAME STRUCTURE WE UTILIZED AT THE AIRPORT.

[01:25:03]

DAY-TO-DAY. >> GAVITO: RIGHT. AND, AGAIN, THE PROJECT MANAGER IN ME IS LIKE, OH MY GOD. THERE ARE SO MANY MOVING PARTS. AND I'M FULLY CONFIDENT THAT WE'RE GOING TO FIND THE RIGHT EPM PARTNER. BUT I DEFINITELY WANT THAT COORDINATION WITH THE CITY BECAUSE I DON'T KNOW IF IT WAS COUNCILMAN GALVAN OR COUNCILWOMAN KAUR THAT MENTIONED IT. THERE'S GOING TO BE A LOT GOING ON DOWNTOWN BUT THERE'S ALSO A LOT GOING ON, YOU KNOW, AS COUNCILWOMAN VIAGRAN JUST MENTIONED TOO, THERE'S A LOT GOING ON IN THE REST OF THE CITY AND SO THAT WILL TAKE SOME COORDINATION AS WELL. AND SO I JUST WANT TO MAKE SURE THAT WHILE THE FOCUS IS A LOT OF DOWNTOWN, THE LEFT HAND KNOWS WHAT THE RIGHT HAND IS DOING WITH ALL OF

THIS. >> WALSH: YEAH. >> GAVITO: I LOOK FORWARD TO HEARING MORE ABOUT THAT BECAUSE -- AND THAT PERSON OR TEAM IS GOING TO HAVE TO BE IN LOCKSTEP WITH US AS WELL, FROM THE CITY SIDE, SO THAT WE -- I HATE TO SAY THIS LINE. BUT THAT WE HAVE OUR THROAT TO CHOKE.

YOU KNOW, THE PERSON IN CHARGE. THE PARKING FEASIBILITY STUDY, I KNOW THAT WE'VE HEARD A LOT ON THIS FROM COUNCILMAN GALVAN AND COUNCILWOMAN KAUR. YOU KNOW, I KIND OF CRINGE THAT IT'S CALLED PARKING FEASIBILITY STUDY BECAUSE I DO THINK THAT WE NEED TO BE FINDING OTHER WAYS OTHER THAN PARKING TO GET PEOPLE DOWNTOWN. YOU KNOW, THROUGH MULTIMODAL TRANSPORTATION, OBVIOUSLY THE GREEN LINE AND VIA IS A CRITICAL PARTNER.

BUT AND EVEN COUNCILWOMAN VIAGRAN MENTIONED WALKABILITY.

WHEN ALL OF US ARE WALKING IN DOWNTOWN CITY BLOCKS, WALKING PAST A BLOCK WITH A PARKING GARAGE, IT'S JUST SUCH A WASTE OF SPACE TO ME. YOU KNOW, WE COULD BE UTILIZING AND ACTIVATING THOSE BLOCKS IN TEN TIMES MORE EFFECTIVE WAYS.

TRUE, WE NEED TO HAVE IT EASY FOR OUR RESIDENTS TO ACCESS DOWNTOWN, BUT I DO THINK THAT THIS IS A GOOD TIME FOR US TO LOOK AT OTHER WAYS WE MOVE PEOPLE DOWNTOWN OTHER THAN BEING SO RELIANT ON CARS. I GET IT THAT IT'S TEXAS.

I GET IT THAT WE ARE RELIANT ON OUR CARS. BUT WE SHOULD USE THIS AS AN OPPORTUNITY TO THINK DIFFERENTLY ABOUT MOVING PEOPLE IN AND AROUND DOWNTOWN. TO ME, ENCOURAGING PARKING AND CARS, WE COULD DO BETTER. I'LL JUST LEAVE IT THERE. ERIK, YOU ASKED ABOUT HOW TO ENGAGE IN THE COMMUNITY. YOU KNOW, I THINK COMING TO -- I WAS THINKING EVEN ATTENDING ONE OF OUR COFFEES WITH THE COUNCILWOMAN. I KNOW A LOT OF DISTRICT 7 RESIDENTS ARE EXTREMELY -- THEY'RE EXCITED ABOUT THIS. THEY SAW THE VOTE.

THEY'RE EXCITED ABOUT THIS AND THEY WANT TO KNOW MORE. OBVIOUSLY, IF THERE'S DISTRICT-WIDE TOWN HALLS THAT WE NEED TO HAVE, WE'RE ALWAYS WELCOME TO DO THAT IN DISTRICT 7. I ALSO WANTED TO GIVE KUDOS TO COUNCILWOMAN CASTILLO AND COUNCILMAN WHYTE ON THAT CCR DASHBOARD. I THINK THAT'S EXCITING.

ONE OF THE THINGS -- AND COUNCILWOMAN KAUR TALKED ABOUT WHAT WE CAN DO NOW.

WE ALSO TALKED ABOUT HOW CONSTRUCTION IS SO HORRIBLE. ONE OF THE NAGGING PROBLEMS SINCE I HAVE BEEN ON COUNCIL --W COUNCILMAN WHYTE AND COUNCILWOMAN KAUR HAVE TRIED TO TACKLE THIS -- IS THE CONSTRUCTION IMPACTS ON OUR SMALL BUSINESSES.

IT'S ONLY GOING TO GET WORSE. I THINK THIS IS ALSO AN OPPORTUNE TIME, GOING BACK TO WHAT WE CAN DO NOW, IN SEEING HOW ARE WE GOING TO PREVENT THESE NEGATIVE IMPACTS TO OUR SMALL BUSINESSES AS WE'RE MOVING FORWARD ON THIS PROJECT PLAN. I THINK WHAT WE HAVE DONE IN THE PAST HASN'T WORKED CLEARLY SO NOW IS THE TIME TO THINK DIFFERENTLY IN AUDIO]. BUT I DO THINK IT'S WORTH US TALKING THROUGH, LEARNING FROM THE MISTAKES IN RECENT PAST AND SEEING HOW WE DO THINGS DIFFERENTLY.

AND FINALLY, ANDY, I'M GLAD YOU MENTIONED THE DEFINITION OF NON-BINDING.

I THINK WHAT'S IMPORTANT IS WHILE THERE IS NO LEGAL IMPLICATIONS, IT SHOWS OUR INTENT. AND, YOU KNOW, PARTIES CAME TOGETHER TO MAKE A DEAL.

THE SPURS, THE COUNTY, THE CITY. AND WE TOOK THAT DEAL TO THE VOTERS. AND SO I THINK IT'S INCUMBENT ON US TO HONOR THAT, TO EACH OTHER, THE PARTIES INVOLVED, AND TO THE RESIDENTS OF SAN ANTONIO.

THANK YOU. >> SEGOVIA: IF I COULD, COUNCILWOMAN, TO ADD ON THAT. YES, WHILE THERE'S NO LEGAL RISK, IF WE DON'T FOLLOW THE

[01:30:04]

WITH THAT. >> GAVITO: ABSOLUTELY. >> GORZELL: MAYOR, ON THE PARKING FEASIBILITY STUDY, I WANT TO GO BACK TO THAT. WHEN WE TALKED ABOUT THAT, OUR INTENTION ISN'T REALLY JUST TO FOCUS ON THE PARKING AS THE SOLUTION, BUT PART OF THE SOLUTION. SO WE WANT TO GO BACK AND LOOK AT OUR EXISTING LOTS, PRIVATE LOTS, EVERYTHING THAT ALREADY EXISTS, TO YOUR POINT.

AND CAN WE THROUGH A PLATFORM TECHNOLOGY, CAN WE BETTER UTILIZE THAT AND DO WE NEED TO BUILD ADDITIONAL PARKING. IF SO, HOW MUCH.

MAYBE THE ANSWER IS WE DON'T NEED ADDITIONAL PARKING, MAYBE IT'S THE OTHER SOLUTION. WE WANT TO TAKE A STEP BACK AND TAKE A LOOK AT THAT TOO.

THAT WAS PART OF THAT INITIAL ESTIMATE THAT WE GAVE YOU LAST YEAR ON THE INFRASTRUCTURE. IT HAD SOME PARKING IN THERE.

AND SO THAT'S PART OF WHAT WE'RE GOING TO RETEST, RELOOK AT.

ALL THOSE THINGS YOU MENTIONED, WE WANT TO LOOK AT.

COUNCILWOMAN KAUR MENTIONED WE KIND OF WANT TO LOOK AT THAT BROAD PERSPECTIVE TO SEE HOW IT FITS IN, MAYBE AS PART OF THE ANSWER BUT IS NOT THE ANSWER.

>> SPEARS: THANK YOU, MAYOR. THANK YOU, BEN.

THAT WAS A GOOD PRESENTATION. I'M EXCITED TO MOVE FORWARD ON ALL OF THIS ENGAGEMENT AS WELL. AND I WANT TO ECHO WHAT YOU WERE SAYING, ERIK, ABOUT THE COMMUNITY ENGAGEMENT. I DO WANT TO ENGAGE MY COMMUNITY, MY CONSTITUENTS, AS MUCH AS POSSIBLE. I COMPLETELY AGREE WITH COUNCILWOMAN VIAGRAN ABOUT MAKING SURE WE DON'T HYPERFOCUS ON THIS ONLY AND MAKE SURE WE'RE LOOKING AT ALL THE DISTRICT NEEDS AS WE ENTER INTO THE BOND.

I WOULD ASK, VISUALLY IT WOULD HELP ME IF WE COULD INTEGRATE FLOWCHARTS AND ACTUAL TIMELINES BECAUSE THERE'S SO MANY PIECES HERE. THAT WOULD HELP ME TO SEE, IN A SNAPSHOT, WHAT WE'RE LOOKING AT DOING HERE AND THE FLUIDITY OF THIS.

I DO HAVE A COUPLE OF QUESTIONS ABOUT ARE ANY OF THESE STUDIES READY TO GO? LIKE START TOMORROW? OR THE ASSESSMENTS, RATHER. THAT'S PROBABLY QUICKER,

RIGHT? >> GORZELL: NO, I THINK THE ONES THAT I COVERED TODAY, MOST ARE IN THE PROCUREMENT STAGE SO THERE'S A COUPLE THAT WOULD GET RELEASED THIS FRIDAY. THE PARKING ONE I BELIEVE GOES TO AUDIT IN FEBRUARY, SO IT WILL GET RELEASED MID-FEBRUARY. MOST OF THOSE ARE IN THE PROCUREMENT STAGE. WILL START THE STUDY STAGE PROBABLY LATE SPRING.

>> SPEARS: SO I'M GLAD WE'RE ENGAGING EXPERTS BECAUSE THESE ARE SO MANY THINGS WE CLEARLY CAN'T BE THE KNOWLEDGE BASE FOR ALL OF THESE DIFFERENT COMPONENTS HERE. BUT I HAVE CONCERNS ABOUT THE TIMING OF THIS.

IF YOU LOOK AT IT, A LOT OF THESE ARE GOING TO END IN SEPTEMBER OR THE END OF THE YEAR. LAND PURCHASING IN JULY. THE EPM, LUCKILY, IS LIKELY APRIL. AND WE GOT BUDGET AND WE GOT BOND ALL HITTING US AT THE SAME TIME. AND WE ARE NOT -- THAT WILL STRETCH OUR CAPABILITIES INDIVIDUALLY AND AS A BODY TO REALLY HONE IN AND GIVE ALL OF THOSE THINGS THE ATTENTION THEY DESERVE. SO WE'VE GOT TO SOMEHOW -- I DON'T KNOW WHAT THE ANSWER IS HERE BECAUSE THAT JUST SEEMS INSURMOUNTABLE TO LOOK AT ALL THAT KIND OF INFORMATION AND DO IT WELL. SO I'M JUST LOOKING AT THE TIMELINE AND IT SEEMS -- AND TO THAT POINT, IF WE NEED TO DELAY ANYTHING, WHAT ARE WE GOING TO DO? WHAT'S OUR CONTINGENCY PLAN, OUR ABILITY TO BE FLEXIBILITY AS THINGS COME UP? BECAUSE WE'RE GOING TO SEE A LOT OF CROSSOVER AND I HOPE WE CAPITALIZE ON THAT. I'M ASSUMING THE EPM WILL BE THE ONE TO MAKE SURE WE ARE CAPITALIZING ON THOSE CROSSOVER OPPORTUNITIES THAT WE'LL HAVE.

BUT I AM CONCERNED ABOUT BEING ABLE TO REALLY LOOK AT THIS.

AND I THINK THAT'S MY RESPONSIBILITY FOR MY DISTRICT AND THE BODY AS A WHOLE. SO I CAN'T HAVE THINGS ARRIVING TO ME WITH A 24-HOUR WINDOW. MY TEAM WON'T HAVE TIME TO LOOK.

AND I KNOW WE'RE ALL GOING TO BE CONCERNED ABOUT OUR BUDGET AND THE BONDS.

I WOULD ALSO JUST LIKE TO ADD I WOULD LIKE TO SEE US CONTINUE TO ENGAGE CENTRO AND VISIT SAN ANTONIO BECAUSE THEY ARE ALREADY ENGAGED AND CAN HELP US OUT A LOT. I WANT TO APPLAUD THE AUDIT COMMITTEE TOO FOR ADDING THE ACCOUNTABILITY COMPONENT FOR THE EPM. I THINK INCENTIVIZING THE EPM IS AN EFFECTIVE WAY, THE CARROT NOT THE STICK. I'M GLAD THEY'RE DOING THAT.

OH, ALSO THE CHAMBERS. YOU KNOW, COUNCILWOMAN ALDERETE GAVITO, I THINK THAT MIGHT BE A GOOD WAY TO ENGAGE SMALL BUSINESS TOO IF WE MAKE SURE WE'RE ENGAGING

[01:35:03]

I JUST -- THESE ARE THINGS THAT I'M SEEING AS WE'RE GOING THROUGH THIS.

LET ME SEE IF THERE'S ANYTHING ELSE. HOW ARE WE PAYING FOR THESE STUDIES? AND THEN ALSO WHERE IS THE $740,000 COMING FROM FOR THE

PLANNING GRANT MATCH? >> GORZELL: SO THE GRANT MATCH, WE ACCEPTED THE GRANT, WE USED OUR HOT REDEMPTION AND MATCHING FUNDS AS A MATCH TO THAT.

THE DISTRICT STUDY IS COMING OUT OF THAT SAME FUND . THE PARKING FEASIBILITY, WE'RE RECOMMENDING TAKING OUT OF THE PARKING ENTERPRISE FUND.

WHAT AM I MISSING? THE EPM, EXECUTIVE PROGRAM MANAGERS, THE BULK OF THOSE COSTS WILL GET CHARGED BACK TO THE PROJECT. SO IF THEY'RE WORKING ON A CONVENTION CENTER WORK EFFORT, THAT GETS CHARGED THERE.

IF IT'S INFRASTRUCTURE, IT GETS CHARGED THERE. WHAT ELSE AM I MISSING?

>> SPEARS: I SEE. SO THEN THE ALAMODOME GOES BACK TO THE ALAMO.

>> GORZELL: YEAH. THERE'S NO GENERAL FUND DOLLARS WE'RE USING HERE.

>> SPEARS: OKAY. THAT'S GOING TO BE IMPORTANT TO MY DISTRICT.

>> GORZELL: AND THE OTHER WAS THE ALAMODOME ASSESSMENT, SO WE FUNDED

THAT ONE LAST YEAR OUT OF THE HOT REDEMPTION FUND. >> SPEARS: GOOD.

THAT IS GOING TO BE THEIR FIRST QUESTION. AND SO THEN I GUESS MAYBE I DO WANT TO ASK THIS A LITTLE MORE DIRECTLY. IF WE START RUNNING BEHIND WHERE I FEEL WE NEED MORE TIME, CAN WE DEVELOP OR LOOK AT OUR CONTINGENCY PLAN OR

DO YOU ALREADY HAVE ONE? >> GORZELL: SO, COUNCILWOMAN, I'M GOING TO GO BACK TO SLIDE 2 AND CLARIFY A COUPLE OF THINGS AND ANSWER YOUR QUESTION.

SLIDE 2. HERE'S THE RIGHT-HAND SIDE WAS THE DISTRICT AS IT WAS PRESENTED BEFORE WITH ALL OF THOSE VENUES AND WORK EFFORTS.

HOTELS COME UP A COUPLE OF TIMES. THE STUFF LISTED ON THE LEFT IS WHAT WE'RE GOING TO FOCUS ON AND WORK ON. IT DOES NOT INCLUDE THE HOTEL. SO EVEN IF THE CHILLED WATER PLANT, IF THE DRAFT STUDY SAYS RELOCATION AND EXPANSION IS NOT AN OPTION, IT'S NOT FEASIBLE, WE ARE NOT PIVOTING TO FIND ANOTHER LOCATION FOR THE HOTEL. THE HOTEL IS PUSHED OUT FOR US. THE DOME RENOVATION IS PUSHED OUT FOR US SO THAT'S NOT PART OF OUR WORK EFFORT. THE REST OF THAT IS SOMEWHAT FLUID, A LITTLE BIT, BUT I COULDN'T TELL YOU TODAY IF WE GET BEHIND IF WE'RE GOING TO DROP X OR Y.

IT'S A DISCUSSION WE'RE GOING TO HAVE TO HAVE AT THAT POINT IN TIME.

YOU KNOW, OUR GOAL IS TO KEEP THESE ON TRACK AND TO KEEP THEM MOVING.

YOU KNOW, THEY'RE A LITTLE BIT INTEGRATED AND CONNECTED SO JUST GOING TO HAVE TO WORK THROUGH THAT IF WE GET TO THAT POINT. OUR GOAL IS TO STAY ON

TRACK. >> SPEARS: THAT'S FAIR. ME TOO.

I WANT TO STAY ON TRACK TOO. OKAY. THAT'S GOOD.

ALL RIGHT. THANK YOU SO MUCH. >> MAYOR JONES: COUNCILMAN

WHYTE. >> WHYTE: THANK YOU, MAYOR.

FIRST OF ALL, I WANT TO CONGRATULATE ERIK AND HIS TEAM.

THIS IS A LONG TIME COMING, RIGHT? WE HAVE BEEN AT THIS NOW FOR A YEAR AND A HALF OR MORE. I WOULD BE REMISS IF I DIDN'T RECOGNIZE LORI HOUSTON AS WELL, WHO PLAYED SUCH AN INTEGRAL ROLE IN PUTTING THIS ALL TOGETHER.

JUDGE SAKAI AND HIS FOLKS OVER AT THE COUNTY. AND THEN, OF COURSE, MAYOR NIRENBERG WHO WAS INVOLVED IN THIS PLANNING PROCESS AS WELL OVER THE LAST COUPLE OF YEARS. IT'S AN EXCITING MOMENT THAT WE'RE HERE.

AND NOW THAT WE ARE HERE, WE HAVE TO MAKE SURE THAT THIS IS DONE RIGHT.

AND I THINK AT THE VERY OUTSET WE NEED TO UNDERSTAND AND REMEMBER WHY IT IS THAT WE'RE DOING THIS IN THE FIRST PLACE. YES, THIS, I THINK, IS GOING TO BE A GREAT THING FOR THE FOLKS WHO LIVE HERE IN SAN ANTONIO THAT ARE ABLE TO AND DESIRE TO TRAVEL DOWN TO THIS DISTRICT. EVERYTHING THAT IT OFFERS.

I MEAN, THESE ARE GOING TO BE GREAT AMENITIES FOR THE PEOPLE OF SAN ANTONIO TO ENJOY. BUT THAT'S NOT THE ONLY REASON WE'RE DOING THIS.

AND I WAS HAPPY TO HEAR THE MAYOR MENTION EARLIER WHAT AN ECONOMIC ENGINE, WHAT AN ECONOMIC DRIVER THIS COULD BE FOR OUR CITY IF IT'S DONE PROPERLY.

[01:40:01]

NUMBER ONE, KEEP THEM SAFE. PUBLIC SAFETY DOLLARS. NUMBER TWO, INFRASTRUCTURE.

MAKING SURE WE HAVE AN UP TO DATE INFRASTRUCTURE ALL AROUND THIS CITY.

WE KNOW WE NEED MORE MONEY FOR STREETS AND SIDEWALKS. WE KNOW WE NEED MORE MONEY FOR THE DRAINAGE ISSUES THAT WE HAVE IN OUR CITY. IF THIS PROJECT IS DONE PROPERLY, WE CAN GENERATE REVENUE THAT WILL HELP US DO ALL OF THESE THINGS FOR OUR CITIZENS. AND THE NUMBER ONE QUESTION THAT I GOT DURING THOSE TWO TO THREE MONTHS BEFORE THAT VOTE IN NOVEMBER WAS, MARC, WHAT IS IN THIS FOR ME? I'M NOT GOING TO GO DOWNTOWN A LOT TO THIS DISTRICT. WHAT IS IN IT FOR ME? AND THE ANSWER TO THAT QUESTION IS THE REVENUE THAT WE CREATE FOR THIS CITY CAN THEN BE USED FOR THOSE ISSUES THAT I JUST MENTIONED THAT AFFECT EVERYBODY IN THIS CITY. AFFECT THEIR DAY-TO-DAY LIFE.

AND THAT'S WHY WE HAVE TO GET THIS RIGHT. THE TERMS OF THE DEAL REALLY HAVE BEEN AGREED TO. AND I WANT TO REITERATE WHAT MY COUNCIL COLLEAGUE ALDERETE GAVITO MENTIONED JUST A FEW MINUTES AGO. THERE WAS A LONG PROCESS WHERE THE CITY, THE COUNTY, AND THE SPURS, YOU KNOW, TALKED ABOUT THIS DEAL.

WE WENT BACK AND FORTH. WE HAD A NUMBER OF MEETINGS ABOUT IT HERE AND EVENTUALLY WE ARRIVED AT A TERM SHEET THAT WAS VOTED ON AND APPROVED BY THIS COUNCIL AND THAT THE COUNTY AND THE SPURS AGREED TO AS WELL IN TERMS OF THE NEW ARENA.

PEOPLE ARE RELYING ON THAT TERM SHEET. THEY WERE GOOD-FAITH NEGOTIATIONS. AND WE THEN, MOST IMPORTANTLY, PRESENTED THE TERMS OF THE DEAL TO THE PEOPLE OF SAN ANTONIO AND SAID TAKE A LOOK, REVIEW IT, AND THEN GO AND VOTE IN NOVEMBER AS TO WHETHER OR NOT YOU WANT THIS THING TO MOVE FORWARD. I MIGHT HAVE SAID SAN ANTONIO, BUT TO THE PEOPLE OF BEXAR COUNTY. AND WE POSTED THE TERMS OF THE DEAL ON THE CITY'S WEBSITE. ALL OF US HELD MULTIPLE TOWN HALL MEETINGS IN OUR DISTRICT AND WALKED THROUGH THE TERMS OF THE AGREEMENT WITH OUR CITIZENS.

AND THEN EVERYBODY WENT TO THE POLLS AND VOTED AND IT PASSED.

ANDY HAS DONE A GREAT JOB OF LAYING OUT WHAT THESE TERM SHEETS REALLY MEAN FROM A LEGAL PERSPECTIVE. BUT AS WE MOVE FORWARD AS A CITY, WE DO NOT WANT TO BE LOOKED AT, WE DO NOT WANT TO HAVE BUSINESS PARTNERS IN OUR COMMUNITY, BUSINESSES OUTSIDE OF THE CITY, AROUND THE STATE AND THE COUNTRY LOOK AT OUR CITY AND SAY, WELL, YOU CAN'T REALLY TAKE THEIR WORD FOR GRANTED. YOU CAN'T GET INTO A DEAL WITH THEM BECAUSE YOU NEVER KNOW WHETHER OR NOT THEY'RE GOING TO CHANGE THEIR MIND OR ATTEMPT TO RETRADE THE DEAL. THAT WOULD BE EXTREMELY BAD BUSINESS FOR THE CITY. AGAIN, I'M PLEASED. I CONGRATULATE THIS COUNCIL FOR WORKING THROUGH IT, FOR APPROVING THE TERM SHEET. I'M HAPPY THAT WE'RE HERE TODAY AND NOW IT'S ABOUT THE ATTORNEYS FILLING IN THE DETAILS AND THE SPECIFICS IN THE CONTRACT SO EVERYBODY SIGNS ON THE DOTTED LINE AND WE CAN MOVE FORWARD.

THE EPM THAT WE TALKED ABOUT, I WANT TO THANK CHAIR VIAGRAN YESTERDAY IN AUDIT GIVING ME THE OPPORTUNITY. COUNCILWOMAN MEZA GONZALEZ AS WELL GOT A CHANCE TO TALK ABOUT WHAT THAT CONTRACT SHOULD LOOK LIKE. I TOLD THE STORY YESTERDAY AND I'LL MENTION IT BRIEFLY. TODAY I HAD THE OPPORTUNITY TO TALK WITH A PROGRAM MANAGER WHO WANTS TO BE INVOLVED IN THIS PROJECT. HE WAS TELLING ME WHAT THEY DO AND HOW THEY GET PAID. I STOPPED HIM AND SAY THAT'S HOW YOU GET PAID MOST OF THE TIME BUT IS IT POSSIBLE THAT WE COULD BUILD IN CARROTS AND STICKS TO THIS AGREEMENT. WE'VE GOT TO HAVE THIS PROJECT FINISHED ON TIME AND ON BUDGET. THE WAY I UNDERSTAND IT, THIS EXECUTIVE PROGRAM MANAGER IS GOING TO BE RESPONSIBLE FOR A LOT OF THAT.

AND I THINK BEN SAID DURING HIS PRESENTATION THAT ONE OF THE ROLES OF THE EXECUTIVE PROGRAM MANAGER WAS TO MAKE SURE EVERYTHING IS MOVING ON SCHEDULE.

[01:45:03]

OTHER THAN THAT, I'M SUPPORTIVE OF THE PROJECT. A LOT OF GREAT WORK HAS BEEN DONE BY OUR CITY STAFF. I'M LOOKING FORWARD TO SEEING THIS MOVE FORWARD.

I WON'T REITERATE A BUNCH OF THE POINTS THAT MY COLLEAGUES HAVE MADE, OTHER THAN TO SAY WE DO NEED THIS DASHBOARD, AN ACCOUNTABILITY DASHBOARD SO THAT THE CITIZENS OF SAN ANTONIO CAN SEE WHO'S GETTING HIRED, HOW MANY JOBS ARE BEING CREATED, WHEN THESE PROJECTS ARE GOING TO START, WHO'S GOING TO BE DOING THE PROJECTS.

WE CERTAINLY NEED THAT. I DON'T KNOW THAT WE NEED A BUNCH OF B SESSIONS.

I AGREE WITH COUNCILWOMAN VIAGRAN. WE'RE HAVING ONE NOW.

MAYBE WE CAN HAVE ONE AGAIN IN THE EARLY FALL TO LET US KNOW WHERE WE ARE.

I DO THINK IT'S INCUMBENT UPON US AS COUNCIL MEMBERS TO TALK TO OUR CITIZENS ABOUT WHAT'S HAPPENING, AND OF COURSE WE CAN ALWAYS SET UP THOSE ONE-ON-ONE MEETINGS WITH BEN AND STAFF TO GET UPDATES AS WELL. THOSE ARE REALLY MY THOUGHTS. AGAIN, I'M EXCITED. WE HAVE TO MAKE SURE THAT THIS PROJECT WORKS FOR EVERY CITIZEN IN SAN ANTONIO. IT'S GOT TO BE DONE IN A FISCALLY-RESPONSIBLE MANNER AND IT'S GOT TO BE DONE IN A WAY THAT GIVES THE MOST OPPORTUNITY FOR OUR CITIZENS TO ENJOY WHAT'S GOING TO GO ON DOWNTOWN.

THANKS, MAYOR. >> MAYOR JONES: COUNCILWOMAN MEZA GONZALEZ.

>> GONZALEZ: THANK YOU, MAYOR. THANK YOU FOR THE PRESENTATION. I GUESS I'LL START WITH -- LET'S SEE.

ON THE INVENTORY, I THINK YOU BROUGHT THIS UP EARLIER, ERIK, SLIDE 2.

WHAT COUNCILWOMAN KAUR SAID EARLIER, WHEN WE TALKED ABOUT HOTELS OVER THE BREAK, WE SAW THAT THE J.W. -- I THINK IT WAS THE J.W. IS GOING TO ACQUIRE LAND -- I THINK IBC BANK IS GOING TO FORM A PARTNERSHIP WITH J.W. IS THAT PART OF THE INVENTORY YOU'RE TALKING ABOUT OF WHAT IS ALREADY COMING DOWNTOWN?

>> WALSH: NO BUT IT COULD BE PART BECAUSE THERE ARE SOME THINGS THAT ARE HAPPENING THAT WE DON'T HAVE ANY INVOLVEMENT IN. WE COULD COMPILE THAT AS

WELL. >> GONZALEZ: THOSE BULLET POINTS OF DISTRICT PROJECTS, THAT'S ESSENTIALLY WHAT THE EPM IS OVERSEEING, RIGHT? THE SLIDE 2?

>> GORZELL: YES. THIS IS THE WORK THAT THEY WOULD OVERSEE.

>> GONZALEZ: OKAY. ON THE ACQUISITION OF THE FEDERAL PROPERTY, DOES THE CITY HAVE ANY LIABILITY ON THE EARNEST MONEY IF THE DEAL FALLS THROUGH?

>> GORZELL: NO. SO THE SPURS ARE ACTUALLY PROVIDING THAT EARNEST MONEY DEPOSIT TO US SO WE'LL GET THAT MID NEXT WEEK AND THEN USE THAT, IF YOU ALL APPROVE THAT OFFER TOMORROW WITH THAT ITEM, THEN WE WOULD GET THAT EARNEST MONEY DOLLARS FROM THE SPURS NEXT WEEK. WE WOULD THEN USE THAT TO MAKE THE EARNEST MONEY

DEPOSIT WITH THE OFFER. >> GONZALEZ: IS THERE A DEED RESTRICTION THAT KEEPS THE FEDERAL BUILDING HISTORIC? IS THERE A DEED RESTRICTION

THAT REQUIRES THAT? >> GORZELL: YES. THERE ARE SOME RESTRICTIVE COVENANTS ON THE BUILDING. THE BUILDING MUST REMAIN, THE FACADE, THE FIRST-FLOOR LOBBY, AND THEN THERE ARE SPACES IN THE BUILDING THAT ARE PROTECTED.

THERE'S ALSO A COVENANT ON A PIECE OF ART THAT IS OUTSIDE THE BUILDING.

IT'S IN THE FRONT PART OF THE BUILDING, KIND OF IN THE PLAZA, CLOSER TO CESAR CHAVEZ. THERE'S A SMALL ART PIECE THERE.

THERE'S A COVENANT ON THAT AS WELL. >> GONZALEZ: OKAY.

THANK YOU. FOR SLIDE 6 ON THE DISTRICT STUDY, THE COST OF SERVICES FOR THE PROPOSED -- THE PROJECTION OF RELATED GENERAL FUND REVENUES.

IS THAT THROUGH THE LIFE OF THE PROJECT, THOSE PROJECTIONS?

>> GORZELL: YEAH. SO WHAT WE WOULD LIKE TO DO IS GET A 30, 40-YEAR

[01:50:01]

WHAT'S THE BASIS FOR THAT AND HOW MUCH IS GOING TO CHANGED, BASED ON THE

DISTRICT. >> GONZALEZ: AND THE NEW REVENUE OPPORTUNITIES, DO WE HAVE KIND OF AN IDEA OF WHAT THAT LOOKS LIKE OR IS THAT REALLY THE JOB OF THE

CONSULTANT? >> GORZELL: WE REALLY WANT THEM TO HELP IDENTIFY THOSE, LOOK AT WHAT OTHER DISTRICTS HAVE DONE, COME TO US WITH IDEAS.

LOOK AT WHAT WE'RE DOING, THE VENUES WE HAVE. HELP US BE CREATIVE,

THOUGHTFUL ABOUT WHAT WE COULD DO. >> GONZALEZ: WHAT DISTRICTS ARE SIMILAR TO WHAT WE'RE DOING IN OTHER CITIES?

>> GORZELL: THERE'S A NUMBER OF THEM YOU COULD LOOK AT.

DEER PARK, MILWAUKEE, ATLANTA. THERE'S A NUMBER OF DISTRICTS THAT ARE PRETTY SUCCESSFUL IN TERMS OF GENERATING A LOT OF PEOPLE ATTENDING THEM, A LOT OF DEVELOPMENT. SO WE JUST KIND OF WANT TO LOOK AT THOSE AND KIND OF UNDERSTAND WHAT THOSE OPPORTUNITIES MIGHT LOOK LIKE. BUT WE ALSO WANT TO THEM AT WHAT WE'RE DOING AND DOES

ANYTHING COME OUT OF THAT CONVERSATION. >> GONZALEZ: AS FAR AS THE EXECUTIVE PROGRAM MANAGER, LIKE FOR THE AIRPORT, WHO DO THEY REPORT TO?

JESUS OR JEFF? >> WALSH: THEY REPORT TO TIM CROMLEY AND JESUS.

>> GONZALEZ: DO THEY HAVE COME IN FRONT OF COUNCIL? >> WALSH: THEY'RE HERE.

THEY DON'T ALWAYS MAKE A PRESENTATION BUT THEY'RE HERE AS PART OF THE OVERALL

PROJECT. >> GONZALEZ: I THINK YOU ASKED THIS, BUT WHO WOULD

THE EPM REPORT TO FOR THIS? >> WALSH: IT WOULD REPORT TO THAT INDIVIDUAL THAT Y'ALL APPOINT. AND THAT INDIVIDUAL WOULD REPORT TO ME.

>> GONZALEZ: OKAY. AS FAR AS THE CHILLED WATER PLANT, HOW MUCH REVENUE IS

COLLECTED OR HOW MUCH REVENUE DOES SAWS COLLECT? >> GORZELL: AUDIO] I CAN'T REMEMBER OFF THE TOP OF MY HEAD AND I DON'T WANT TO GUESS TOO FAR

OFF. >> GONZALEZ: AND IS IT COMPLETELY -- WHAT WAS THAT? NO WORRIES. I THOUGHT THAT WAS LIKE A SAWS THING.

[LAUGHTER] SO ESSENTIALLY WE'RE TRYING TO INCREASE THE AMOUNT OF REVENUE, CORRECT? IS THAT THE PURPOSE OF THAT STUDY?

>> GORZELL: NO, THE STUDY -- FIRST IT STARTED WITH WHAT DOES IT LOOK LIKE AND IS IT FEASIBLE TO RELOCATE THE PLANT THAT'S ACROSS THE STREET FROM THE CONVENTION CENTER, MARKET STREET. THE ORIGINAL PLAN BUILT IN '68. CAN WE RELOCATE THAT ONE TO A LOCATION NEARBY AND EXPAND IT SO WE CAN GET ADDITIONAL COOLING CAPACITY FOR THE EXPANDED CONVENTION CENTER, FOR THE ARENA, FOR SOME OF THE MIXED-USE DEVELOPMENT. I THINK EARLY INDICATIONS ARE THAT'S PROBABLY NOT GOING TO BE FEASIBLE IN TERMS OF SOMETHING WE'RE GOING TO BE ABLE TO DO. REMEMBER, THAT SITE WAS WHEN WE WERE TARGETING FOR THE CONVENTION CENTER HOTEL. WE PUSHED THAT OFF. WHEN WE WORKED WITH SAWS, ARE WE ABLE TO EXPAND THE PLANT ON CHERRY STREET? IS THAT AN OPTION? IS THE STRUCTURE THERE TO SUPPORT THAT? IF NOT, CAN WE LOOK AT A SATELLITE LOCATION. WE'RE TRYING TO CREATE THAT ADDITIONAL COOLING CAPACITY WITHIN THE SYSTEM TO SERVE THOSE BUILDINGS THAT'S A MORE EFFICIENT WAY TO DELIVER COOLING OF THOSE FACILITIES. LIKE THE CONVENTION CENTER, THAT'S WHAT WE WANT TO DO THERE. THE OTHER OPTION IS YOU GET OTHER SATELLITE. THERE'S OTHER WAYS TO DO IT. THAT'S WHAT WE NEED TO CONTINUE TO WORK ON BUT THE GOAL IS REALLY HOW DO WE COME UP WITH THAT ADDITIONAL COOLING CAPACITY IN A COST-EFFECTIVE WAY. CAN WE DO THAT.

>> WALSH: AND JUST TO CLARIFY WHEN BEN SAYS THAT WE NEED TO DO THAT, THE "WE" IS THE CITY AND SAWS BECAUSE SAWS IS RESPONSIBLE FOR THAT UTILITY IN THAT FACILITY.

AND THEY HAVE -- WE ARE THEIR CUSTOMERS, ALONG WITH OTHERS IN THAT AREA.

SO AS NEW CUSTOMERS COME UP THAT WANT TO TIE IN, THERE'S A COST TO THE EXPANSION THAT IS BORN BY THAT EXPANSION. AND SO WHETHER IT IS THE CHERRY STREET OR SATELLITE CAPACITY, THAT'S SOMETHING THAT WE'RE GOING TO BE WORKING ON WITH SAWS TO MAKE

SURE THEY CAN PROVIDE. >> GONZALEZ: OKAY. AND IT'S NECESSARY FOR SAWS

TO OWN THIS? >> GORZELL: I THINK THAT WOULD BE PROBABLY THE PREFERRED OPTION. OTHERWISE, WE'RE ALL BUILDING ON OUR OWN AND THEN

WE'RE MAINTAINING OUR OWN. >> GONZALEZ: AND COLLECTING OUR OWN.

[01:55:01]

>> GORZELL: LIKE FOR THE CONVENTION CENTER, WE WOULD HAVE TO -- I THINK YOU'RE ASKING ON THE CONVENTION CENTER EXPANSION, TO COOL THAT PART OF THE BUILDING COULD WE BUILD CHILLERS AND DO THAT OURSELVES FOR THAT PIECE.

PROBABLY COULD BUT WE'RE MAINTAINING, WE'RE IN THAT BUSINESS NOW.

I THINK SAWS HAS THE TEAM AND THE EXPERTISE TO RUN THE DISTRICT COOLING PLANT.

AND WE'VE LONG TALKED TO THEM ABOUT -- LONG BEFORE WE HAD DISTRICT CONVERSATIONS.

HOW DO WE EXPAND THIS? BECAUSE WE'RE LIKE 70% OF THE LOAD HERE, THE MORE CUSTOMERS YOU HAVE ON THAT SYSTEM, BIG CUSTOMERS THAT CAN USE THAT EFFICIENTLY LIKE WORKS FOR US, THE MORE YOU SPREAD YOUR FIXED COST, USUALLY THE BETTER RATE YOU END UP WITH. THAT'S WHAT WE'RE TRYING TO GET TO AS WELL.

>> WALSH: SAWS, IN HISTORY, HAS EVALUATED WHETHER OR NOT IT HAS MADE

SENSE TO OUTSOURCE THAT OPERATION. >> GONZALEZ: CAN YOU TALK

ABOUT THAT? >> WALSH: CENTRAL TYPE OF OPERATIONS. AND SAWS DID THAT LAST -- BEN, HELP ME.

FOUR YEARS AGO? >> GORZELL: YEAH. >> WALSH: ABOUT FOUR YEARS AGO. SO THEY PERIODICALLY HAVE LOOKED AT WHETHER OR NOT -- BECAUSE THEIR CORE FUNCTIONS ARE SEWER AND WATER AND SO THERE ARE OTHER CITIES THAT HAVE OUTSOURCED THAT. THERE ARE COMPANIES THAT WILL OPERATE IT, THEY'LL EXPAND IT, THEY'LL MODERNIZE IT, THEY'LL MAINTAIN IT. THEY'LL GO CHASE DOWN THE CUSTOMERS. AND SO I KNOW THAT WAS A PROCESS THAT THEY WENT

THROUGH OVER AT SAWS ABOUT FOUR YEARS AGO LAST TIME. >> GONZALEZ: THE

CONCLUSION WAS? >> WALSH: THAT THE BOARD DECIDED THAT BASED ON THE RESULTS, THAT THEY SHOULD MAINTAIN IT, GROW IT, AND STILL RUN IT.

>> GONZALEZ: WHEN I SAW PARKING FEASIBILITY STUDY, I WAS LIKE WHY.

BUT I CAN TELL YOU WHAT IT'S GOING TO COME BACK WITH. THAT THERE'S -- THAT IT'S GOING TO STRESS THE SYSTEM, ESSENTIALLY. I THINK KNOWING THAT -- I'M ASSUMING WE'RE ALL JUST PREPARED FOR WHAT WE KNOW IS GOING TO COME OUT OF A STUDY LIKE THAT, RIGHT? SO NOT NECESSARILY WAIT FOR THE STUDY TO TELL US WHAT I ASSUME WE ALREADY KNOW. ONE THING I NOTICE HERE THAT'S MISSING THAT I WOULD LIKE TO SEE AND I HAVE TALKED ABOUT THIS WITH BEN AND ERIK.

THE COMMUNITY ENGAGEMENT PIECE TO ALL OF THIS. I THINK IT'S MISSING IN THAT FIRST BULLET, IN THAT FIRST SLIDE THAT TALKS ABOUT THE FOCUS AREAS, WORK EFFORT FOCUS. I JUST WANT TO MAKE SURE THAT THE COMMUNITY ENGAGEMENT PIECE IS THERE ALL THE TIME AND NOT -- I WOULD SAY HOW WE HANDLED THE ARENA -- IF I COULD FINISH THIS. HOW WE HANDLED THE ARENA, THE COMMUNITY ENGAGEMENT WAS AT THE END AND WE COULDN'T COME BACK FROM THAT AS COUNCIL MEMBERS. IT WAS DIFFICULT TO JUSTIFY WHEN AND HOW IT STARTED AND I JUST THINK IT'S IMPORTANT THAT WE START TALKING ABOUT THAT SOONER RATHER THAN LATER. I APPRECIATE THE DASHBOARDS BUT IF THERE'S WAYS WE CAN GET OUT IN THE COMMUNITY EVERY QUARTER OR SOMETHING TO JUST SHARE UPDATES ON WHAT'S HAPPENING. AND THEN ALSO JUST QUICKLY, IF I COULD GET A ONE-PAGER ON THAT HOT REDEMPTION FUND, THAT WOULD BE HELPFUL FOR US TO CIRCULATE AS WELL.

I'LL COME BACK FOR THE OTHER ROUND. >> GORZELL: MAYOR, ON THE PARKING FEASIBILITY STUDY, ON THAT ONE IT'S JUST TRYING TO TAKE A COMPREHENSIVE LOOK AT WHAT WE ALREADY HAVE, UNDERSTANDING THAT THE WAY IT PROBABLY GETS LEVERAGED TODAY IS STRESSED. I DON'T KNOW THAT WE USE IT -- I'M NOT TALKING ABOUT JUST US, I'M TALKING ABOUT EVERYTHING THAT'S THERE -- IN A VERY EFFECTIVE WAY FIND A WAY TO CREATE A COMMON PLATFORM, AN APP. I WANT TO GO DOWNTOWN.

YOU CAN SEE WHAT'S AVAILABLE. DOESN'T MATTER WHETHER IT'S OURS OR SOMEONE ELSE'S. BUT YOU CAN SEE THAT AVAILABILITY.

IF THERE'S NOTHING AVAILABLE DOWNTOWN, THEY HAVE TO FIGURE OUT A DIFFERENT WAY TO GET DOWNTOWN. WE AVOID THE I CAN DRIVE UNTIL I FIND SOME PLACE TO PARK. AND HOW DO WE MOVE PEOPLE ACROSS DOWNTOWN AS WELL.

WE HAVE BIG EVENTS, EVERYBODY GOES TO THAT AREA. HOW DO WE LEVERAGE ALL THE ASSETS WE HAVE. IT'S REALLY LOOKING AT ALL OF THAT AND THINKING ABOUT HOW WE DO THAT, NOT REALLY DOING THIS WITH THE INTENT LIKE, HEY, LET'S GO BUILD A BUNCH OF PARKING GARAGES AND FACILITIES. I WOULD RATHER SPEND OUR DOLLARS ON OTHER STUFF, IF WE CAN, AND FIGURE OUT OTHER WAYS TO DEAL WITH THE

[02:00:05]

>> CASTILLO: THANK YOU, MAYOR AND THANK YOU, BEN FOR THE PRESENTATION.

A COUPLE OF DIFFERENT MOVING PIECES. I'M SUPPORTED FOR THE MORE FREQUENT BRIEFINGS ON THIS ITEM. I BELIEVE WITH SUCH A LARGE-SCALE INVESTMENT WE OWE IT TO THE PUBLIC TO HAVE THESE PUBLIC CONVERSATIONS.

I UNDERSTAND WE CAN HAVE INDIVIDUAL BRIEFINGS BUT WHAT I'M HEARING FROM CONSTITUENTS IS THEY WANT TO ENSURE THAT WE'RE BEING PUBLIC IN TERMS OF WHAT'S BEING DISCUSSED, WHAT ARE THE DETAILS OF THIS DEAL. NOW I UNDERSTAND WITH THE ACQUISITION OF THE FEDERAL PROPERTY WITHIN THE MOU IT'S PROPOSED TO BE PRIMARILY MARKET RATE. BUT WHAT I WOULD LIKE FOR US TO EXPLORE IS HOW CAN WE POTENTIALLY INCREASE DENSITY TO THEN ACCOMMODATE AND/OR SUBSIDIZE AFFORDABLE RENTS WITHIN THAT MIXED-USE DEVELOPMENT. I THINK THERE'S OPPORTUNITY TO CONTINUE TO HAVE CONVERSATIONS WITH OPPORTUNITY HOME OR UNDERSTAND HOW AN OVERLAYING TIRZ CAN HELP SUBSIDIZE AFFORDABLE RENTS WITH THE PROPOSED MIXED-USE DEVELOPMENT. NOW, WITHIN THE PRESENTATION, BEN, YOU MENTIONED A SCENARIO IN WHICH THE DEAL FALLS THROUGH THE CITY WOULD HAVE TO EITHER REIMBURSE THE SPURS AND/OR PASS THE PROPERTY TO

THE SPURS. IS THAT CORRECT? >> GORZELL: RIGHT.

IN THE EVENT THAT WE WERE NOT ABLE TO REACH AN AGREEMENT AND THE ARENA PROJECT DID NOT MOVE FORWARD AND EITHER SIDE SAID WE'RE DONE, WE HAVE THE OPTION TO REIMBURSE THEM THE $30 MILLION PLUS CARRYING COST OR WE CAN SIMPLY SAY WE'RE NOT GOING TO REIMBURSE YOU AT THAT POINT. THE CONTINGENCY DEED WOULD

TRANSFER TITLE OVER TO THE SPURS. >> CASTILLO: I'M HOPEFUL WITH THIS PROJECT, MY EXPECTATION IS THAT PUBLIC PROPERTY REMAINS PUBLIC AND THE CITY WOULD TAKE THE NECESSARY STEPS TO RETAIN OWNERSHIP OF THE PROPERTY IF THIS DEAL IS SUCCESSFUL. IN TERMS OF THE U.S. DEPARTMENT OF TRANSPORTATION PLANNING GRANT, ARE THERE ANY RESTRICTIONS IN WHICH THOSE FUNDS CANNOT BE USED?

>> GORZELL: MY RECOLLECTION IS IT'S GOT TO BE ADDRESSING THE CONNECTIVITY ISSUE. THE LIST OF THINGS ON THE SLIDE THAT THEY WOULD STUDY SMALLER-SCALE PROJECTS PLUS LARGER INVESTMENTS IS WHAT IT'S GEARED TOWARDS.

BUT ALSO THE COMMUNITY ENGAGEMENT AROUND THAT AND LOOKING AT THOSE SOLUTIONS.

>> CASTILLO: I WOULD LIKE TO UNDERSTAND IF THERE'S OPPORTUNITY TO SUPPORT THE CITY'S PLANNING DEPARTMENT TO HELP FACILITATE SOME OF THIS WORK TO BUILD CAPACITY AND/OR TO SUPPORT A PROJECT WITHIN THE PLANNING DEPARTMENT.

THEY DO SUCH AMAZING WORK IN TERMS OF JUST DIFFERENT SCENARIOS IN WHICH THERE'S SHARED PATHS, CROSSWALKS. AND I THINK WE UNDERUTILIZE THEIR EXPERTISE AND IF THERE'S WAYS THESE GRANT DOLLARS CAN HELP SUPPORT THEIR WORK, I THINK THERE WOULD BE A LOT OF VALUE IN THAT AS WELL. AS FOLKS MENTIONED, THERE'S A LOT OF CONSULTING COSTS WITHIN THIS PRESENTATION AND I THINK THAT IS WHY THE DASHBOARD'S IMPORTANT. BUT I THINK THERE'S ALSO OPPORTUNITY FOR US TO DO SOME OF THIS IN-HOUSE, IF THE DEPARTMENTS HAVE THE APPROPRIATE CAPACITY.

BECAUSE THERE'S JUST SO MUCH EXPERTISE WITHIN THE ECONOMIC DEVELOPMENT DEPARTMENT, WITHIN THE PLANNING DEPARTMENT. AND THEN OF COURSE WITHIN INNOVATION AS WELL. I WANT TO SEE WHERE IS THERE OPPORTUNITY FOR US TO PLUG THESE DEPARTMENTS IN TO DO THINGS IN-HOUSE AND ULTIMATELY SAVE THE TAXPAYER DOLLARS AS WELL. WITH THE TRANSPORTATION PLANNING GRANT, I THINK THERE'S OPPORTUNITY -- I SHARED WITH BEN A COUPLE OF EXPERIENCES.

I LIKE TO DO TRIAL AND ERROR IN WAYS TO GET TO THE ALAMODOME.

I HAVE ONLY BEEN SUCCESSFUL ONCE AND THAT'S JUST BY WALKING.

I HAVE DRIVEN. YOU GET DIVERTED ON TO 37. YOU TAKE VIA AND GET DIVERTED NORTH ON TO 37. DROVE ONCE, GOT IN A CAR ACCIDENT.

SO I THINK HOW CAN WE PLUG IN THE TAB INTO THAT CONVERSATION, THE TANSPORTATION ADVISORY BOARD. BECAUSE THERE'S TAXI DRIVERS ON THAT BOARD, FOLKS WHO WORK WERE UBER AND LYFT AND THEN OF COURSE SOME OF THE PEDICAB FOLKS WHO HAVE EXPERIENCE IN TERMS OF WHERE IS THERE AN OPPORTUNITY FOR THE PARK AND RIDE, LIFT, AND UBER. I THINK THERE'S VALUE IN PLUGGING THE TAB INTO THIS CONVERSATION. IN TERMS OF THE SCOPE AND SCALE OF THE DISTRICT, I'M SUPPORTIVE OF DR. KAUR'S RECOMMENDATION AND I THINK IT'S IMPORTANT WE LOOK IN THAT SCALE BECAUSE THE SAN ANTONIO HOUSING TRUST IS DOING A LOT OF WORK IN TERMS OF LAND BANKING AND REDEVELOPMENT , WHICH IS RIGHT NEXT TO THE VIA CENTRO SUBSTATION. I THINK THAT'S ALSO AN AREA THAT'S BEING UNDERUTILIZED IN TERMS OF HOUSING DEVELOPMENT AND TRANSPORTATION OPPORTUNITIES. THE QUESTION WAS ASKED IN TERMS OF THE HOT REDEMPTION EXPENSES THAT WE'RE USING TOWARDS CONSULTING FEES.

[02:05:07]

>> GORZELL: YEAH. SO THE HOT CAPITAL AND REDEMPTION FUND IS ESSENTIALLY SOMETHING WE CREATED IN THE FINANCIAL POLICY IN 2012 WHEN WE DID THE LAST EXPANSION . IT ALLOWS DOLLARS TO FLOW INTO THE HOT FUND, 7% HOT THAT WE USE PRIMARILY FOR OPERATIONS, A LITTLE BIT FOR DEBT SERVICE.

THE 2% HOT, WHICH CAN BE USED FOR DEBT SERVICE ON AN EXPANSION.

ALL OF THAT FLOWS IN, ALONG WITH CONVENTION CENTER REVENUES, ALAMODOME REVENUES. AND THEN IT FLOWS INTO THERE.

ANYTHING THAT'S RESIDUAL GETS CAPTURED IN THIS REDEMPTION FUND.

IT'S KIND OF A CONTINGENCY FUND WHERE WE CASH FUNDED TO TRY TO AVOID ISSUING DEBT ON THESE 10, $15 MILLION PROJECTS . IT'S INTENDED TO BE USED TO DEFEAS DEBT. Y'ALL APPROVED US GOING IN AND REDEEMING AND CASH DEFEESING SOME DEBT. THERE'S ABOUT $40 MILLION IN THERE THAT'S RESERVED FOR THAT THAT WE TOOK TO A PRIOR COUNCIL ACTION. OUTSIDE THAT 40, THERE'S ANOTHER 40 OR $45 MILLION THAT'S AVAILABLE IN THAT FUND.

>> CASTILLO: THE POINT WAS RAISED EARLIER IN TERMS OF SOME OF THESE CONSULTANTS AND THE STUDIES AND FEASIBILITY STUDIES. OFTEN WHAT I HAVE FOUND IS SOME OF THESE CONSULTANTS JUST RE-EXAMINE STUDIES THAT WE HAVE ALREADY HIRED CONSULTANTS TO EVALUATE AND ESSENTIALLY THEY GIVE US THE SAME RECOMMENDATION.

I JUST WANT TO ENSURE, AS COUNCILWOMAN MESA MENTIONED, AS FAR AS THE PARKING FEASIBILITY STUDY, WHAT ARE WE GOING TO SEE DIFFERENT? I WOULD BE DISAPPOINTED IF WE SPEND THE PROPOSED AMOUNT TO GET THE SAME RESULTS THAT WE'VE ALREADY PUT IN THE WORK AND HAVE BEEN TOLD ARE THE RECOMMENDATIONS. THAT'S SOMETHING THAT I HOPE WE CAN SET THOSE EXPECTATIONS. I UNDERSTAND THE QUESTION WAS ALREADY ASKED IN TERMS OF THE NEGOTIATION OF DEFINITIVE DOCUMENTS.

AND I THINK THAT'S THE VALUE IN HAVING LARGER PUBLIC MEETINGS.

OF COURSE WITHIN EACH OF OUR COUNCIL DISTRICTS, AS THE COUNCIL MEMBERS SEE FIT, BUT AS A BODY BECAUSE THIS IS WHERE WE GET INTO THE WEEDS. WE KNOW THIS PROJECT HAS AN OPPORTUNITY TO BE AN ECONOMIC DRIVER FOR NOT JUST DOWNTOWN BUT THE ENTIRE CITY. WE OWE IT TO THE PUBLIC TO GO DOC BY DOC ON WHAT WE'RE NEGOTIATING IN TERMS OF THIS PROJECT IN EACH OF THESE DOCUMENTS THAT WILL BE NEGOTIATED AND AGREED. AND I THINK THERE'S OPPORTUNITY AGAIN TO NEGOTIATE AND BUY DOWN RENTS WITHIN THIS LARGER-SCOPE PROJECT.

OF COURSE TAKING THAT LARGER CRAG PERSPECTIVE OF DOWNTOWN TO SEE NOT JUST WHAT TYPE OF AFFORDABLE HOUSING WE HAVE BUT WHERE DO WE HAVE EXPIRING AFFORDABILITY THAT WE SHOULD HAVE IN THE QUEUE TO BUY DOWN THOSE RENTS TO ENSURE WE CAN KEEP DOWNTOWN AFFORDABLE. LASTLY, IN TERMS OF THE SAWS' CHILL PLANT, WHAT WILL THE DECISION-MAKING PROCESS LOOK LIKE? I UNDERSTAND IF IT'S TOO EXCESSIVE THAT STAFF WON'T RECOMMEND THAT. BUT AS WE GO THROUGH SCENARIOS, WHO WILL BE THE DECISION-MAKING BODY? WILL IT BE SAWS, COUNCIL? WILL IT BE DONE ADMINISTRATIVELY ON WHAT EXPANSION AND WHAT PROPOSAL

GETS APPROVED? >> GORZELL: AT THE END OF THE DAY, IT IS A DISTRICT COOLING PLANT OWNED BY SAWS. ULTIMATELY, IT WILL BE THEIR DECISION IN TERMS OF HOW THEY MOVE FORWARD. I SUSPECT THEY WILL LEAN HEAVILY ON WHAT WE ARE OR WHAT YOU ALL ARE, AS WE MAKE A RECOMMENDATION OF WHAT WE THINK THE MOST FEASIBLE OPTION IS. I THINK THEY WILL LEAN HEAVILY ON THAT.

>> CASTILLO: I APPRECIATE THAT. AND THEN LASTLY, I THINK IT'S BEEN SAID A COUPLE OF TIMES IN TERMS OF DOWNTOWN DOES BELONG TO THE ENTIRE CITY BUT WE NEED TO ENSURE THAT WE DON'T CONTINUE TO LEAVE THE FAR SOUTH SIDE OF SAN ANTONIO OUT OF THE CONVERSATION AND OPPORTUNITY FOR INFRASTRUCTURE AND HOUSING DEVELOPMENTS. THERE ARE A HANDFUL OF PLANS THAT COUNCIL HAS ADOPTED, WHETHER IT'S THE STRATEGIC HOUSING IMPLEMENTATION PLAN BUT ENSURING WHILE WE ARE TRYING TO MOVE THESE PROJECTS ALONG THAT WE DON'T CONTINUE TO LEAVE DISTRICTS AND PARTS OF THE CITY BEHIND. THANK YOU, MAYOR.

>> GORZELL: COUNCILWOMAN, I SHOULD AT ALSO ON THE DISTRICT COOLING THING THAT WHILE IT'S OWNED BY SAWS, WE OWN SAWS. YOU ALL HAVE RATE AUTHORITY.

YOU HAVE DEBT ISSUANCE AUTHORITY. I EXPECT WE WILL BE IN SYNC WITH WHATEVER PLAN MOVES FORWARD BECAUSE OF THAT. THAT WILL BE PART OF THE PLANNING PROCESS AND PART OF THE PROCESS AS WE MOVE FORWARD.

[02:10:03]

DEPENDING ON THE LOCATION. WE SHOWED YOU THE ONE THAT IS IN THE DOME SOUTH PARKING LOT A THAT HAD THE SPUI TIED INTO IT. NOBODY WENT AS FAR TO SAY IF THAT'S BUILT, WHAT DOES THAT LOOK LIKE. AS WE GO BACK AND LOOK AT THIS THING ACROSS THE BOARD, IF WE DECIDE TO BUILD ONE, PART OF THAT CONSULTANT'S WORK WILL BE TO TELL ME WHAT THIS CAN GENERATE. WILL IT PAY FOR ITSELF OR MOST OF ITSELF? WE REALLY DO WANT TO FIGURE OUT FROM A TECHNOLOGY PERSPECTIVE THIS CONCEPT OF HAVING AN APP, BEYOND JUST OUR OWN FACILITIES.

WHAT DOES THAT LOOK LIKE? IS THAT EVEN POSSIBLE? HOW DO YOU INTEGRATE SOMETHING LIKE THAT? THOSE ARE A LITTLE BIT DIFFERENT THAN WHAT WE HAVE

DONE IN THE PAST. >> MAYOR JONES: COUNCILMAN MCKEE-RODRIGUEZ.

>> MCKEE-RODRIGUEZ: THANK YOU, MAYOR. AND HAPPY NEW YEAR.

THANK YOU FOR THE UPDATE AND PRESENTATION. I'LL START OFF WITH THE ACQUISITION OF FEDERAL PROPERTY. I UNDERSTAND IT'S NECESSARY AS A TOOL TO REPAY DEBT FOR COST OF THE ARENA VIA THE GROUND LEASE.

I'M NOT INHERENTLY OPPOSED TO THE SPURS PAYING FOR IT . WE'LL OWN IT AND RECEIVE THE PAYMENT. I DON'T SEE IT AS A LOSING DEAL UNLESS THE DEAL WITH THE SPURS FALLS THROUGH AND WE OWN A PROPERTY THAT WE CAN'T DEVELOP OR MAINTAIN LONG TERM. I AM A LITTLE CONFUSED AS TO WHY US BUYING THE PROPERTY, BECOMING NON-TAXABLE, AND COLLECTING GROUND LEASE PAYMENTS IS BETTER THAN THE SPURS PURCHASING IT AND US COLLECTING PROPERTY TAXES. WHY WOULD THEY AGREE WITH

THAT AND WHY IS IT A ADVANTAGEOUS TO THEM? >> GORZELL: THEY'RE NOT USING A COMPETITIVE BID PROCESS AT THIS POINT. THEY'RE GOING TO DO A DIRECT NEGOTIATION SALE WITH US AS A PUBLIC BODY. SO WE'RE ELIGIBLE TO DO THAT. THE SPURS COULD NOT DO THAT AS A PRIVATE ENTITY.

WHY IS IT BENEFICIAL? IT'S PART OF THE FINANCING MECHANISM FOR THE ARENA.

SO THE GROUND LEASE AND US OWNING THE PROPERTY GENERATES THAT ANNUAL GROUND LEASE REVENUE THAT FLOWS IN TO THAT ARENA PRO FORMA THAT THEN SUPPORTS THE DEBT WE ISSUE FOR THE PROJECT. SO THAT'S PART OF THAT WHOLE FINANCING MECHANISM WE

TALKED ABOUT LAST YEAR. >> MCKEE-RODRIGUEZ: GOTCHA.

>> GORZELL: THE PROPERTY ITSELF, THAT WILL BE TAXABLE EITHER WAY.

WITH US OWNING THE PROPERTY AND THE GROUND LEASE, IT'S STILL A TAXABLE PROPERTY.

>> MAYOR JONES: COUNCILMAN, WERE YOU ASKING IF THE SPURS HAD AN OPPORTUNITY TO PURCHASE IT THEMSELVES POTENTIALLY AT A DIFFERENT PRICE THAN WHAT THEY WOULD PAY VIA AN AGREEMENT WITH THE CITY. IS THAT WHAT YOU'RE ASKING?

>> MCKEE-RODRIGUEZ: I'M ASKING WHY IT HASN'T BEEN CONSIDERED AND IT SOUNDS LIKE IT'S PRIORITIZED FOR CITIES AND PUBLIC ENTITIES. REGARDING THE US DOT GRANT, IT SOUNDS LIKE WE NEED TO EXPEND ALL THE MONEY BY DECEMBER 31ST OF THIS YEAR. WE NEED TO ENGAGE GOVERNMENT HILL, DIGNOWITY HILL, AND DENVER HEIGHTS. WHAT I'M CONCERNED ABOUT IS WHAT HAPPENS IN THE EVENT THAT TXDOT DECIDES THEY DON'T WANT THE PROJECT AS WE HAVE DESIGNED IT.

AND WE SEE SOMETHING SIMILAR TO WHAT HAPPENED WITH BROADWAY AND HOW DO WE GET THEM ON BOARD AND TO HOLD A STAKE IN WHATEVER THERE, FAIRLY EARLY ON.

I WOULD HATE FOR US TO FIND HUNDREDS OF MILLIONS OF DOLLARS TO BUILD A LAND BRIDGE AND THEN WE START WORKING ON IT AND TXDOT SAYS WE DON'T LIKE THAT YOU HAVE DONE THIS AND SO WE'RE GOING TO TAKE BACK MONEY AND NOW WE HAVE --

>> THAT'S VALID INPUT. WE CONNECTED WITH TXDOT AND THEY ARE AWARE AND WE'RE GOING TO STAY CONNECTED WITH THEM TO MAKE SURE WE WORK TO A PLACE WHERE THEY CAN BE OPEN TO WHAT WE WANT TO DO. I THINK WE'RE THERE AT THIS POINT.

THERE'S OPEN DIALOGUE AND WE'LL CONTINUE THAT. >> SEGOVIA: IF I MAY ADD, AS WE SAW WITH THE BROADWAY PROJECT, THAT WE HAVE VERY LIMITED, LIMITED LEGAL

RECOURSE AGAINST TXDOT. >> MCKEE-RODRIGUEZ: I WOULD LIKE TO, AS QUICKLY AS POSSIBLE, ENGAGE THE COMMUNITY ON WHAT THEY WOULD LIKE TO SEE.

BECAUSE WE HAVE DISCUSSED A LAND BRIDGE AND THAT COULD BE CUTE.

BUT THE COMMUNITY MAY PREFER SOMETHING ELSE OR HAVE MORE CREATIVE IDEAS.

AND THE IDEA THAT A RAINBOW CROSSWALK COULD CAUSE US TO LOSE ALL OF THE FUNDING

[02:15:02]

LOOKING AT THE EXECUTIVE PROGRAM MANAGER, IT LOOKS LIKE WE'RE HIRING THEM FOR A NON-RENEWALBLE ONE-YEAR CONTRACT. ARE WE NOT WORKING WITH THEM FOR THE ENTIRETY OF THIS PROJECT? I DON'T THINK WE'LL GET THE

START OF CONSTRUCTION IN A YEAR, LET ALONE ANYTHING -- >> GORZELL: WHAT WE PRESENTED TO AUDIT COMMITTEE WAS A TWO-YEAR CONTRACT. THE EXPECTATION WAS THEY WOULD BE WITH US THROUGH THE DURATION OF THIS FIRST WAVE OF PROJECTS BUT WE'LL RESET THAT ONCE WE HAVE THEM ON BOARD. WE KIND OF GO THROUGH THE TASK AND THE SCOPE AND THEN WE'LL RESET THAT. I MEAN, THE EXPECTATION IS THAT THEY WOULD BE THERE, AT LEAST THROUGH THIS FIRST WAVE OF PROJECTS.

>> MCKEE-RODRIGUEZ: I'M HAPPY TO HEAR THAT. THAT'S NOT IN THE SLIDES THAT EITHER OF US SAW FOR THAT MEETING. IT COULD HAVE BEEN WRONG ON THE SLIDE. REGARDING ACQUISITION OF ITC PROPERTY ONE OF THE REASONS THAT WE RESTRUCTURED THE MIDTOWN TIRZ IS WE HAVE A NUMBER OF CITY ASSETS INCLUDING THE ZOO, WITTE MUSEUM, AND THE BOTANICAL GARDENS.

THEY NEED TO BE TAKEN CARE OF AND THEY WERE COMING TO US FOR BOND DOLLARS AND IT WAS LARGELY DOWN TO ALLOW MORE DISTRICT-SPECIFIC PROPERTIES BE FUNDED THROUGH THE BOND AND REMOVE SOME OF THE COMPETITION THAT THESE FOUR LARGE PROJECTS AND PROPERTIES POSE. BY ACQUIRING THIS PROPERTY THROUGH THE MIDTOWN TIRZ, ARE WE REDEFINING THE SCOPE OF THAT TIRZ AND DO WE HAVE ANY INDICATION THAT THE PROPERTY ACQUISITION WILL REDUCE THE CAPACITY NEEDED FOR FUTURE PROJECTS FOR

THESE CITY-OWNED PROPERTIES? >> WALSH: WE'RE GOING TO HAVE TO WORK THROUGH THAT ISSUE. THERE ARE POTENTIAL IMPACTS BUT BEN SAID IT IN HIS PRESENTATION. THERE MAY BE OTHER THINGS THAT WE CAN DO AS WE WORK THROUGH THAT NEGOTIATION ISSUE WITH UTSA TO INCLUDE LAND EXCHANGES TO BE PART OF THAT. AND I KNOW THAT THAT'S A SENSITIVE ISSUE.

>> MCKEE-RODRIGUEZ: WHAT DO YOU MEAN LAND EXCHANGES? >> WALSH: WITH UTSA.

I DON'T KNOW. I'M JUST SAYING THERE MAY BE MORE THINGS OTHER THAN MONEY IN ORDER TO GET TO THAT $60 MILLION. BUT TO BEGIN THAT NEGOTIATION AND CONVERSATION WITH THEM, WE CAN RUN DOWN THOSE PATHS.

FRANKLY, THAT WOULD BE SOMETHING THAT WE WOULD KEEP YOU ALL UPDATED IN THE EXECUTIVE SESSION BRIEFING BECAUSE IT'S REGARDING LAND ACQUISITION.

WE WANT TO GET SOME FEEDBACK FROM YOU GUYS IN TERMS OF HOW WE DO THAT.

>> MCKEE-RODRIGUEZ: I DISLIKE THIS, LARGELY BECAUSE WHAT I AM HEARING FROM THIS BODY TODAY AND WHAT I'VE HEARD IN OTHER SCENARIOS IS THAT EVERYTHING IS A DONE DEAL. WE HAVE PROMISED ALL OF THIS AND IF WE GO BACK ON IT, BLAH, BLAH, BLAH AND SO WE HAVE TO DO IT IN THIS WAY. IF WE HAVE TO RESTRUCTURE THE MIDTOWN TIRZ AND REDEFINE THE SCOPE, WE'RE OPENING UP TO THESE FOUR PROPERTIES, WHICH ASK FOR TENS OF MILLIONS OF DOLLARS FOR THEIR PROJECTS AND WE FIND IT PLACES, THEY'RE NOW GOING TO BE COMPETING FOR VERY LIMITED BOND DOLLARS ALONGSIDE OUR FIRE STATIONS, OUR POLICE SUBSTATIONS, LIBRARIES, PARKS, COMMUNITY CENTERS. WHERE DO WE DRAW THE LINE AND HOW MANY TIMES ARE WE GOING TO KEEP RESTRUCTURING ALL OF THESE DIFFERENT SYSTEMS TO ACCOMMODATE THE SPORTS AND ENTERTAINMENT DISTRICT. IT'S NOT JUST THIS.

I APPRECIATE IT. I WONDER IS THERE ANOTHER FUNDING MECHANISM.

I APPRECIATE THAT YOU'LL BE LOOKING AT MEANS TO REDUCE THE COST BUT THE FUNDING MECHANISM I THINK, FOR ME, IS THE BIGGEST CONCERN BECAUSE THOSE ARE ALSO PROPERTIES THAT ARE IN MY DISTRICT. THE CHILLED WATER PLANT FEASIBILITY STUDY, I'M GLAD TO SEE YOU HAVE HEARD FEEDBACK ON THE RELOCATION OF THE CHILLED WATER PLANT. I AGREE WITH COUNCILWOMAN KAUR.

I DON'T THINK -- I THINK RELOCATION WOULD BE FAIRLY SILLY WITH ALL OF THE NEEDS THAT EXIST. SKIP THROUGH, PARKING FEASIBILITY STUDY.

I DO HATE WHEN I TRAVEL SOMEWHERE AND HAVE TO PARK AND WALK MILES TO A VENUE.

I THINK WE ALL VALUE CONVENIENT PARKING OPTIONS. AND THAT WE DO NEED TO

[02:20:06]

I AGREE WITH COUNCILWOMAN ALDERETE GAVITO. I HATE TO SEE A USABLE SPACE BECOME A PARKING LOT OR A GARAGE SO I WOULD HOPE THAT THE RFP INCLUDES EFFORTS TO ENCOURAGE PARK AND RIDE SERVICES, POTENTIAL EXPANSION TO AUDIO], WHATEVER IT IS. AS LITTLE ADDITIONAL CONCRETE AS POSSIBLE HORIZON TALLY. IT SOUNDS GOOD THAT YOU'RE NOT LOOKING AT NEW LOTS AND GARAGES BUT MORE SO HOW DO WE BETTER WORK WITH WHAT EXISTS TODAY .

I WOULD SAY THAT AS A PART OF THIS, WE SHOULD BE LOOKING AT CITIES THAT HAVE REVITALIZED THEIR DOWNTOWN AND HOW THEY MANAGE THE NEED FOR PARKING WHILE MAKING OTHER FORMS OF TRANSIT AS EASY AND INTUITIVE AS POSSIBLE.

I THINK THAT'S WHAT STOPS PEOPLE IS IF SOMETHING DOESN'T FEEL NATURAL OR INTUITIVE AND THEY WOULD EASILY BE ABLE TO GET BACK TO THEIR CAR TO GET HOME, THEY'RE GOING TO AVOID IT AT WHATEVER COST. I CERTAINLY WILL.

I WOULD ALSO ASK IS IT POSSIBLE FOR THE ARENA TO HAVE PARKING ABOVE OR BELOW AND CAN WE ADD SOLAR PANELS. THAT'S WHAT YOU'LL HEAR IS PARKING FOR THE SAKE OF PARKING IS NOT NECESSARILY WHAT WE'RE LOOKING FOR. I'LL GET TO THE DEFINITIVE

DOCUMENTS LATER AND THAT WILL BE MUCH MORE FUN. >> MAYOR JONES: COUNCILMAN

MUNGIA. >> MUNGIA: THANK YOU, MAYOR.

>> MUNGIA: THANK YOU, MAYOR. ONE THING I'D LIKE TO SEE ON THE DASHBOARD IS DEFINITELY A ONE- OR TWO-PAGER TIMELINE, I THINK THAT'S IMPORTANT TO COMMUNICATE TO FOLKS. WE SAW THAT IN THIS PRESENTATION, BUT I THINK IT NEEDS TO BE COMPREHENSIVE, SO THAT IF -- IF RESIDENTS ARE, YOU KNOW, INTERESTED IN A VERY SPECIFIC PORTION OF THIS PROJECT, THEY KIND OF KNOW WHAT TIMELINE THEY'RE LOOKING AT FOR APPROVAL AND ALL THAT KIND OF STUFF, SO I THINK THAT'S IMPORTANT FOR TRANSPARENCY'S SAKE TO LET THINGS KNOW WHEN THINGS ARE COMING UP.

I THINK JUST FOR ABOUT EVERY SINGLE ITEM, OR MOST ITEMS, WE DEFINITELY SHOULD HAVE PUBLIC INPUT OPPORTUNITIES. I DON'T THINK IT'S GOT TO BE AN IN-PERSON TOWN HALL EVERY TIME HOSTED BY THE CITY, BUT I THINK THERE ARE SOME THINGS THAT CAN LEND THEMSELVES TO -- WEBEXES, WE DID THAT DURING THE PANDEMIC, YOU CAN ALLOW FOR Q & A DURING THOSE OPPORTUNITIES AND HAVE PEOPLE FROM ACROSS THE CITY ACCESS THAT FROM THEIR HOME. IF PEOPLE ARE VERY INTERESTED IN THE SAWS CHILLER PLANT OPERATION, I THINK WE CAN DO AN ONLINE MEETING TO GET FOLKS LOGGED IN TO GIVE THEIR INPUT OR ASK QUESTIONS.

I THINK ESPECIALLY THE PARKING IN PARTICULAR NEEDS A LOT OF PUBLIC INPUTTED. INPUT. IF YOU REMEMBER THE ABLE CITY MEETINGS CONCLUDED WITH PARKING BEING THE NUMBER ONE ISSUE ACROSS ALL OF OUR ISSUES. I WAS AT A GOVERNANCE MEETING THAT SAID I'M NOT INVOLVED IN PARKING BUT I WORK DOWNTOWN AND HAVE A LOT OF THOUGHTS TO IMPROVE PARKING. YOU KNOW, OUR AVERAGE RESIDENTS ARE PEOPLE THAT MAY NOT BE IN THAT FIELD, BUT KNOW A LOT ABOUT DOWNTOWN AND HOW THAT WORKS. I THINK THAT'S IMPORTANT.

ALSO IMPORTANT TO MAKE SURE THAT OUR EXISTING PRIVATE PARKING LOTS, YOU KNOW, DON'T START TO INCREASE COSTS CHARGES BASED ON THE DEMAND.

I THINK I CAN SEE THAT HAPPENING ALSO UNFORTUNATELY.

MICROMOBILITY, EXTREMELY IMPORTANT DOWNTOWN, AND THE PARAMETER RES YOU KIND OF MENTIONED AROUND THE HIGHWAYS DOUBT. HIGHWAY DOWNTOWN.

I THINK IF PEOPLE CAN GET TO LOAN STAR AND GET TO THE NEAR EAST AND WEST AND SOUTH SIDES OF DOWNTOWN, BEING ABLE TO PARK SAFELY THERE AND TAKE MICROMOBILITY ALL AROUND DOWNTOWN IS EXTREMELY IMPORTANT.

I DON'T KNOW WHAT THE -- I NEVER REMEMBER THE NAMES OF THEM, BUT THOSE LITTLE CARS THAT VIA DOES AND CENTRO DOES, THAT NEEDS TO BE A PRIMARY VEHICLE OF TRANSPORTATION DOWNTOWN. I THINK THE FEWER CARS WE HAVE HERE THE BETTER, AND THAT WILL INCREASE PEDESTRIAN MOBILITY ALSO. I THINK WE ALSO HAVE TO ALWAYS CONSIDER, AGAIN, OUR SMALL BUSINESS PRESENCE. A LOT OF SMALL BUSINESSES HAD REACHED OUT AND FELT THAT THEY WERE NOT CONNECTED TO THIS PROCESS, AND I'M TALKING ABOUT, YOU KNOW, 10 OR LESS EMPLOYEES, NOT OTHER SMALL BUSINESSES THAT ARE QUITE LARGE THAT MAYBE LABEL THEMSELVES AS SMALL. SO I THINK THAT'S EXTREMELY IMPORTANT.

ALSO, YOU KNOW, BEN REACHED OUT, BUT A LOT OF LABOR GROUPS, THEY WANT TO KNOW IF THEY'RE GOING TO HAVE SPECIFIC LABOR CARVEOUTS AND JOBS FOR THESE TYPES OF DEVELOPMENTS, WHICH I THINK IS IMPORTANT AS FAR AS THE PROTECTIONS THAT THEY HAVE AND THE THINGS THAT THEY'LL BE DOING.

I HAVEN'T HEARD ANYTHING YET ABOUT WHAT THE FINAL DESIGN WILL BE OF THE

[02:25:06]

I KNOW WE HAVE THIS PICTURE THAT'S BEEN UP FOR A VERY LONG TIME, AND I THINK THAT'S JUST AN INITIAL RENDERING, BUT WHAT'S THE ARCHITECTURE GOING TO LOOK LIKE, RIGHT? THERE'S OTHER CITIES IN TEXAS AND ACROSS THE U.S., YOU GO TO THEIR DOWNTOWN SPACE AND IT'S SOMEWHAT SOULLESS OF A PLACE, AND I THINK DOWNTOWN IS VERY SPECIAL WHEN PEOPLE COME HERE AND VISIT, THEY FEEL SOMETHING WHEN THEY'RE IN OUR DOWNTOWN. I THINK THAT HAS TO DO WITH THE ARCHITECTURE, THE NATURE, AND THE -- YOU KNOW, LATINO CULTURE THAT WE EMPHASIZE HERE.

I THINK THE CONVENTION CENTER IS A GOOD EXAMPLE.

WE HAVE A HUGE MURAL BACK THERE AND ADDED SOME THINGS OF A CULTURAL TOUCH. I THINK THAT'S EXTREMELY IMPORTANT.

BASICALLY THE STADIUM SHOULDN'T BE PLOTTED ANYWHERE ELSE IN THE UNITED STATES. IF YOU SEE IT SOLELY IN A PICTURE, YOU SAY THAT'S A SAN ANTONIO SPURS STADIUM, I THINK WE HAVE TO HAVE A LOT OF PUBLIC INPUT TO GET THAT RIGHT ALSO. I'M HEARING A LOT OF INTEREST AND I AGREE, OF COURSE, TO HAVE MULTIFAMILY AF AFFORDABLE HOUSING AROUND THE DISTRICT, I THINK WITH THE FOOTPRINT WITH THE TAXABLE VALUE, WE NEED TO MAKE SURE THAT IS TAXABLE TO PAY BACK THE LOAN AND ALL THAT, BUT ALSO HOW DO WE DO CARVEOUTS FOR AFFORDABLE HOUSING EVEN IF IT'S A TAXABLE PROPERTY. HOUSING TRUST, THEY'RE NONTAXABLE, BUT HOW DO WE PARTNER WITH A PRIVATE DEVELOPMENT TO PUT SOME SETASIDES. THAT COULD EVEN MEAN -- DOING OUR OWN VOUCHER SYSTEM THERE, WHICH WOULD BASICALLY BUY DOWN RENT FOR CERTAIN AMI LEVELS, THAT IS A WAY TO MAINTAIN A TAXABLE MARKET RATE DEVELOPMENT AND INCLUDE SPECIFIC CARVEOUTS FOR AFFORDABLE HOUSING.

I THINK THAT'S CERTAINLY WORTH LOOKING INTO WITHIN THE FOOTPRINT, OF COURSE, NONTAXABLE MULTIFAMILY AROUND THE FOOTPRINT ALSO IS VERY IMPORTANT.

AND, YOU KNOW, SOMETHING A FEW OF US FOLKS HAVE SAID, I THINK IT'S WORTH NOTING, ESPECIALLY FOR ME WHERE I'M AT, WE'RE APPROACHING NOW, I WOULD SAY PROBABLY -- WE'RE CLOSER TO TWO DECADES OF DOWNTOWN VERSUS THE DECADE OF DOWNTOWN, AND I DON'T KNOW IF THAT WAS THE INTENTION AT FIRST, BUT THE BALL'S BEEN ROLLING, RIGHT? 2026, AND WE'RE IN THE MIDDLE OF IT. AND WE'RE TALKING ABOUT MORE PLANNING FOR THAT, I THINK DOWNTOWN IS VITAL TO THE CITY, OF COURSE, IT'S VERY IMPORTANT, A LOT OF RESIDENTS GO THERE. WHEN I WAS A KID, I THOUGHT IT WAS A DIFFERENT DOWN WHEN WE WOULD COME TO VALLEY HI TO DOWNTOWN. IT WAS SO DIFFERENT AND GREAT.

BUT WE'RE GETTING TO A POINT WHERE THE DOWNTOWN CORRIDOR, BUT THE SPACE BETWEEN DOWNTOWN AND 410, RIGHT, IS SOME OF OUR OLDEST HOUSING STOMACH STOCK ACROSS THE CITY AND WE HAVEN'T REALLY DEVELOPED A PLAN FOR THAT DOUGHNUT, IF YOU WILL, OF THE CITY. WE HAVEN'T TAKEN A LOOK AT THE PARKS, THE LIBRARIES. WE'RE DOING A LOT OF MASTER PLANNING FOR DOWNTOWN, AND THAT'S GREAT.

BUT WHAT ABOUT THE REST OF THE INSIDE OF 410 THAT IS PRETTY -- IS AN OLDER COMMUNITY? THIS FIRST YEAR OF MY TERM HAS CERTAINLY BEEN DOMINATED BY DOWNTOWN, AND THAT'S NOT WHAT MY RESIDENTS REALLY VOTED FOR ME TO DO, RIGHT? THIS REALLY DIDN'T COME UP IN BLOCK WALKING, RIGHT? THIS IS SOMETHING WE HAVE TO DEAL WITH AND WE PIER WE'RE AND IT'S IMPORTANT, BUT WE NEED TO HAVE A FOCUS ON OTHER THINGS, RIGHT? I WOULD SAY MOST OF THE CITY KNOWS MORE ABOUT 1 MILE OF ALAMO STREET VERSUS THE FIVE OF ZARZAMORA IN MY DISTRICT, IN DISTRICT FIVE, THAT HAS TO BE RECONSTRUCTED. I MEAN, IT IS A FAILING STREET. AND YOU HAVE PALO ALTO COLLEGE, YOU HAVE A&M-SAN ANTONIO, YOU HAVE TO IT, YOU HAVE JCB, YOU HAVE UHS COMING UP, YOU HAVE A LOT OF MULTIFAMILY OVER THERE, A LOT OF PRIVATE DEVELOPMENT ALL ALONG ZARZAMORA, YOU HAVE SSOUTH PARK MALL, 45, IT HAS NOT GARNER RED ANY ATTENTION TO THE LEVEL THAT ALAMO HAS GOTTEN FOR SURE.

I AGREE WE HAVE TO BE ON TOP OF THIS. BUT SINCE I'VE BEEN HERE, WE HAVEN'T HAD A BRIEFING ON PORT SAN ANTONIO, WHICH IS IN DISTRICT'S 4 AND 5, AND THAT'S VERY IMPORTANT TO THE CITY OF SAN ANTONIO AND TO THE UNITED STATES GOVERNMENT, REALLY, RIGHT? AND SO WE HAVEN'T HAD CONVERSATIONS ABOUT THESE OTHER PARTS OF THE CITY THAT CONTRIBUTE A LOT AND MAYBE NOT GET A LOT OF ATTENTION FROM THE REST OF THE CITY.

SO I THINK THAT'S IMPORTANT, TOO, TO KEEP IN MIND AND I DON'T KNOW THAT I WOULD HAVE ANOTHER -- IN ANY TIME SOON TOWN HALL IN DISTRICT FOUR ABOUT THE SPURS ENTERTAINMENT DISTRICT.

I THINK AT THIS POINT, THEY'RE TIRED OF HEARING ABOUT IT IN MY DISTRICT, WHAT ABOUT THE DOGS, WHAT ABOUT ACS? WHAT ABOUT RAY ELLISON, 410 HAS A OF ISSUES. THERE'S LITERALLY AN ACCESS ROAD WHERE CARS ARE RUNNING OFF THE ROAD INTO PEOPLE'S HOUSES IN MY DISTRICT, IN THE NEIGHBORHOOD I GREW UP IN, RIGHT? AND SO THAT IS EXTREMELY IMPORTANT ISSUE, I DON'T THINK WE'VE EVEN APPROACHED TXDOT TO TELL

[02:30:04]

HAVE SOME GOOD STANDARDS FOR DEVELOPMENT AND THEN WE NEED TO HAVE DEVELOPMENT BY RIGHT WHEN IT COMES TO DOWNTOWN. WE HAVE TO -- WE HAVE FOUR-YEAR TERMS AND WE'RE TREATING THIS LIKE WE'RE GOING TO BE OUT OF HERE EVERY SINGLE YEAR, LOOKING AT EVERY SINGLE PROJECT.

WE HAVE TO ALLOW SOME DEVELOPMENT STANDARDS TO EXIST THAT WE ALL AGREE ON, OF COURSE, THAT WE BELIEVE IN, BUT WE NEED TO HAVE ONE OR TWO YEARS OF JUST -- THESE ARE THE PARAMETERS, DO THE DEVELOPMENT DOWNTOWN, RIGHT? WE HAVE THE HOUSING TRUST, WE'RE GOING TO APPROVE PROJECTS, NO DOUBT ABOUT IT, BUT WE HAVE TO LET THE DEVELOPMENT KIND OF GO, RIGHT, AT SOME POINT WITH WHAT WE BELIEVE ARE OUR VALUES FOR THAT. AND THEN START TO FOCUS ON SOME OF THESE OTHER PARTS OF TOWN THAT, TO BE HONEST, HAVE BEEN NEGLECTED IN OUR CITY.

I KNOW NEXT YEAR WE'RE GOING TO HAVE A REALLY GOOD CONVERSATION ABOUT THE BOND, THAT ALSO WORRIES ME ABOUT THE INVESTMENT FROM THE BOND THAT WE'LL BE MAKING JUST IN THE DOWNTOWN CORE, SO I'VE TALKED TO SOME OF MY COLLEAGUES ABOUT THAT, AND WE'LL HAVE A GOOD DISCUSSION ABOUT THAT NEXT WEEK, BUT I THINK THE REST OF THE CITY'S WATCHING AND THEY'RE ASKING FOR THEIR NEEDS TO BE MET ALSO. SO WE HAVE TO WORK ON THIS, GET IT DONE CORRECTLY AND RIGHT, AND THEN WE'VE GOT TO FOCUS ON OUR OTHER DISTRICTS ALSO. SO THANK YOU VERY MUCH.

COUNCILMAN GALVAN? >> GALVAN: THANK YOU, MAYOR.

I WANTED TO WRAP UP A COUPLE QUICK POINT TS. I THINK ONE OF THE BIG THINGS ARE COMMUNITY ENGAGEMENT, I DEFINITELY WANT TO SEE WAYS WE CAN CONTINUE TO COME BACK TO OUR DISTRICTS IN SOME FORM.

I DO HEAR THE CONVERSATION, THOUGH, ABOUT MAKING SURE THAT WE'RE NOT HARPERING TOO MUCH ON THIS TO OUR RESIDENTS SO EVERYTHING'S PUSHED ASIDE. I'M TRYING TO BALANCE THAT OF COURSE IN MY HEAD BECAUSE OF COURSE DISTRICT SIX DOESN'T KEB CONNECT WITH DOWNTOWN AT ALL. I THINK THERE ARE OPPORTUNITIES STILL TO BE ENGAGED IN THE DOWNTOWN DEVELOPMENT WILL BE IMPORTANT TO THEM, ESPECIALLY FOR FOLKS WHO ARE CONCERNED ABOUT WAYS THAT THEIR TAXPAYER MONEY IS BEING USED. I THINK JUST THE SCALE INVESTMENT IS IMPORTANT HERE, OF COURSE THE AFFECT IT WILL HAVE ON OUR LARGER INFRASTRUCTURE IS SOMETHING THAT IS IMPORTANT. I THINK THAT'S SOMETHING IMPORTANT TO ME TO FIGURE OUT HOW WE CAN HAVE CONVERSATIONS IN OUR DIFFERENT AREAS, OR AT LEAST EVEN IF IT'S DOWNTOWN, OPEN HOUSES IN SOME FORM FOR RESIDENTS TO PLUG INTO. I THINK THAT'S JUST IMPORTANT TO CONTINUE TO HAVE FOR PEOPLE WHO ARE INTERESTED, JUST BECAUSE I THINK OTHERWISE WE ARE DOING A DISSERVICE BY CALLING THIS GENERATIONAL, TRANSFORMATIVE CITY WIDEN CITY WIDE EN GIJENGINE AND YET PULLING BACK ON THE COMMUNITY ENGAGEMENT.

I ALSO THINK SO, TOO, WITH CBA, IF THERE'S ANY KIND OF CONVERS CONVERSATIONS WE CAN HAVE THERE IN THE COMMUNICATION IN THAT PIECE, WHETHER IT'S WITH ORDINARY RESIDENTS OR SOME TYPE OF REPRESENTATION FOR RESIDENTS TO BE A PART OF IT, I DON'T KNOW WHAT IT WOULD LOOK LIKE, MAYBE AN ADVISORY BOARD OF SOME KIND, JUST SOMETHING THERE THAT'S AGAIN TO CREATE THAT TRUST BY GOING FORWARD ON THIS PROJECT, WE ARE DOING RIGHT BY OUR CITY. AGAIN, I MEAN, I THINK MY DISTRICT, I DO MY BEST TO REPRESENT MY COMMUNITY AND WHAT THEY SAID WAS THEY WERE NOT INTERESTED IN FUNDING THIS; HOWEVER, THERE ARE ELEMENTS THAT ARE GOOD FOR IT AND LET'S FIGURE OUT WAYS WE CAN MAKE IT WORK FOR EVERYBODY. I THINK THAT'S WHAT MY DISTRICT RESIDENTS HAVE BEEN SAYING EVEN IF IT A LOT FOCUSED OUT OF THE DISTRICT, BUT IF IT'S GOING TO BE THE MAIN FOCUS OF OUR TAX DOLLARS OR A SIGNIFICANT PORTION OF OUR INVESTMENT, THEN LET'S MAKE IT WORK. OTHERWISE, WE ARE GOING TO LET IT KIND OF GO ON IN ITS OWN FORM AND THEN STILL HAVE TO FIGURE OUT, OKAY, HOW DO WE FUND THIS BRIDGE ON PINN ROAD WITHOUT THE FUNDING NECESSARY IF INFRASTRUCTURE FUNDING BECOMES A COMPETITION THERE. SO I THINK SOME TRANSPARENCY LEVEL NEEDS TO BE THERE AS YOU GO FORWARD WITH THIS. I DON'T KNOW IF THAT MEANS ALSO THE CONTINUED COUNCIL PRESENTATIONS. I MEAN, TO ME, I THINK IT STILL KIND OF FITS THAT OF HOW TO MAKE SURE SOME OF THE NEGOTIATION POINTS, THE DESIGN ELEMENTS ARE STILL THERE THAT WE CAN TALK ABOUT, THAT WE CAN, AGAIN, MAYBE CREATE THAT SHARED VISION ON AND LET IT GO VERSUS SAYING, OKAY, HOPEFULLY THIS COMES BACK AROUND AND WE CAN APPROVE IT AND BE GOOD. I'D RATHER JUST HAVE A LITTLE BIT MORE INTENTIONALITY NOT NECESSARILY WITH DESIGN, BUT COMMUNITY BENEFITS, NOT REALLY COMMUNITY BENEFITS I THINK ARE CRUCIAL TO HAVE CONVERSATIONS WITH COUNCIL ABOUT. THAT WAY THERE'S A SHARED GOAL THERE. I PREFER THAT VERSUS ANYTHING ELSE, I THINK.

I WANT TO ECHO COUNCILMEMBER SPEARS POINT ABOUT REMAINING FLEXIBLE AS MUCH AS POSSIBLE. I THINK AS WE HIT SNAGS, WE'LL OF COURSE GET UPDATED AS ERIK AND EVERYBODY SAYS, I THINK THAT WILL BE HELPFUL, BUT BEING FLEXIBLE HOW DO WE ADJUST AND PIVOT AND MAKE

[02:35:03]

COUNCILMAN MCKEE-RODRIGUEZ? >> MCKEE-RODRIGUEZ: THANK YOU. WHAT HAS IRRITATED ME THE MOST ABOUT TODAY'S MEETINGS, I'VE HAD NO INTEREST IN COMING TO THE DAIS TODAY AND REHASHING THE DEBATE OF THE ARENA ITSELF. WE'RE NOT HERE DOING THAT, AND MANY OF US ARE ALSO NOT SAYING THAT WE NEED TO THROW OUT EVERY SINGLE ONE OF THE TERMS IN THE TERMS SHEET AND WE CAN ALL UNDERSTAND HOW THAT COULD BE HARMFUL, BUT I ALSO DON'T WANT TO SEE US AS A BODY BEING DISINGENUOUS AND THE TERMS IN THE TERM SHEET WERE NONBINDING AND WE ALL SAID THAT AT OUR TOWN HALL'S IMPLYING QUITE EXPLICITLY THAT THEY CAN BE AMENDED. SO IF YOU DON'T WANT TO CHANGE THOSE TERMS, I WOULD JUST RATHER YOU JUST SAY THAT BUT DON'T TRY TO ABSOLVE YOURSELF OF THE RESPONSIBILITY TO GET THE BEST DEAL OF OUR CONSTITUENTS BY NOW ACTING THAT THEY WERE THE ONES THAT APPROVED THE CONTRACT BY SAYING WE TOOK THIS TO THE VOTERS, WHEN WE DIDN'T. WE DID NOT TAKE THAT AGREEMENT OR THE TERM SHEET TO THE VOTERS AND NONE OF THE TERMS IN THE TERM SHEET WERE INCLUDED IN THE BALLOT LANGUAGE BECAUSE THEN THEY WOULD BECOME BINDING TERMS. THERE IS STILL ROOM FOR GIVE AND TAKE.

I UNDERSTAND IF WE'RE ASKING FOR SOMETHING ADDITIONAL THE EXPECTATION WOULD BE WE'D HAVE TO GIVE A LITTLE BIT.

REMIND YOURSELVES THAT 47.86% OF VOTERS VOTED AGAINST COUNTY FUNDING.

WE HAVE A RESPONSIBILITY TO BRING THOSE VOTERS ALONG AND DISREGARDING THAT FACT OVER AND OVER AGAIN IS NOT GOING TO HELP US AS WE MOVE FORWARD OVER THE NEXT SEVERAL YEARS ON THIS PROJECT ON THIS DISTRICT. I AM, OF COURSE, MOST INTERESTED IN THE COMMUNITY BENEFITS AGREEMENT AND THE DEVELOPMENT AGREEMENT, WHICH INCLUDES $75 MILLION OVER 30 YEARS.

I AM WONDERING HOW WE'LL HANDLE THAT? WILL EACH COUNCIL DECIDE EACH YEAR THE $2 MILLION AS A PART OF THE BUDGET PROCESS? WILL IT BASICALLY JUST GO BACK TO COVERING THE IMPENDING DEFICIT OR COULD WE ALLOCATE IT IN ADVANCE FOR A MUCH LARGER SINGLE INITIATIVE AND WITH THAT, WHAT KIND OF MECHANISM WOULD THAT REQUIRE? THE DEVELOPMENT AGREEMENT, WE'RE GOING TO OWN THE LAND THAT THE DEVELOPMENT TAKES PLACE ON. WE'RE ESSENTIALLY COSIGNING THE PROBABILITIES THAT HAPPEN ON THE SITES THAT WE WILL OWN AND MUCH LIKE GRAND HYATT, WE COULD BE AT A POINT SOMEWHERE LONG, LONG DOWN THE LINE, WHETHER IT'S 50, 60, 70, 100 YEARS FROM NOW, WHERE WE OPERATE A HOTEL. AND IS THAT -- YOU KNOW, WE'RE SETTING OURSELVES UP FOR THAT POSSIBILITY BY ALLOWING WHATEVER DEVELOPMENT TAKES PLACE ON THIS CITY-OWNED PROPERTY. AND SO I THINK THAT -- I GET INTO A LITTLE BIT OF WHAT I THINK COMMUNITY ENGAGEMENT NEEDS TO LOOK LIKE ON THAT, BUT I WOULD LIKE TO CONVEY PUBLICLY AS IT RELATES TO THE FINAL NEGOTIATIONS THE VALUE OF NAMING RIGHTS OF THE SPURS ARENA WILL NOT COME FROM THE FACT THAT THE ARENA EXISTS IN ISOLATION.

WE SEE THAT RIGHT NOW AT THE FROST BANK CENTER. THE VALUE COMES FROM THE FACT THAT WE ARE BUILDING AND INVESTING NEARLY A BILLION DOLLARS OURSELVES IN A LARGER SPORTS DISTRICT THAT MAKES THE NAME OF THE FACILITY MUCH MORE VISIBLE. IF NO OTHER ELEMENT OF REVENUE SHARING IS POSSIBLE, I THINK THAT'S WHERE WE NEED TO DRAW THE LINE.

WE MAY BE ABLE TO FIND SOME GIVE AND TAKE SOMEWHERE ELSE, BUT I DO THINK THERE'S A LARGE VALUE THAT'S GOING TO COME FROM THAT ALONE.

IT ALSO -- AND WE NEED TO BE CREATIVE IN HOW WE LAY OUT OUR EXPECTATIONS AND IN OUR FINAL GREERMT WITH THE SPURS. SO IN SUMMARY, YOU'RE ASKING FOR FEEDBACK ON WHAT COMMUNITYEN GABLINGMENT SHOULD LOOK LIKE, MY RESPONSE IS WE NEED TO ENGAGE THE PUBLIC EARLY ON.

I EXPECT THAT WE HAVE A MEANINGFUL DISCUSSION WITH THE COMMUNITY ABOUT THE COMMUNITY BENEFITS AGREEMENT TO INCLUDE HOPEFULLY MORE THAN THE $75 MILLION CONTRIBUTION FROM THE SPURS, AND MAYBE TO INCLUDE OTHER OPPORTUNITIES THE COMMUNITY MAY BENEFIT FROM THE DEVELOPMENT.

I ALSO DIDN'T MENTION, YOU KNOW, HOW DO WE SAY THAT WE EXPECT LIVABLE WAGES AND GOOD BENEFITS AND HOW DO WE PREVENT A WORKAROUND THAT COULD END UP WITH MOST THE JOBS CREATED BEING CONTRACT EMPLOYEES MAKING POOR WAGES WITH NO BENEFITS? HOW DO WE ADDRESS THAT EARLY ON? I ALSO, I GUESS, LAST PIECE, WE DIDN'T -- WE DO NEED TO -- NOT LAST

[02:40:03]

WHEN WE GIVE VOTERS THE OPPORTUNITY TO VOTE FOR SOMETHING LIKE A BOND, WE HAVE TO UNDERSTAND WE'RE GIVING THEM THE RIGHT TO SAY YES OR NO AND WE HAVE TO NAVIGATE THAT AND REALLY THINK ABOUT ALL OF THE EFFORT THAT WENT INTO NARROWLY PASSING THE COUNTY'S FUNDING, ASK YOURSELF, WILL A BOND FOR THIS DISTRICT PASS WITHOUT COMMUNITY INPUT AND BUY-IN? THE COMMUNITY'S UNDERSTANDING IS THAT THE SPURS ARE SAVED.

SPURS ARE SAVED. SO I DON'T KNOW WHAT MESSAGE WILL WIN OR EXCITE VOTERS FOR THIS VOTE, BUT IT'S OUR RESPONSIBILITY THAT IF WE NEED THIS INFRASTRUCTURE FUNDING PASSED THROUGH A BOND, WE NEED TO FIND SOME WAY TO MAKE THAT APPEALING. THANK YOU, MAYOR.

COUNCILWOMAN MEZA GONZALEZ. >> GONZALEZ: THANK YOU, MAYOR. JUST A QUICK POINT ON THE COMMUNITY BENEFITS AGREEMENT ON SLIDE 11, I SAW IT HERE, SO JUST WANT TO ASK THE CITY TO REALLY THINK ABOUT HOW WE STRUCTURE THAT COMMUNITY BENEFITS AGREEMENT SO IT DOESN'T -- YOU KNOW, THE SPURS ALREADY HAVE A FOUNDATION THAT THEY DOLE MONEY OUT OF, AND SO I DON'T WANT THIS JUST TO BE LIKE ANOTHER KIND OF FOUNDATION IN A SENSE THAT JUST DOLES OUT $2 MILLION A YEAR OVER THE NEXT 30 YEARS WITH -- I THINK COMMUNITY, I THINK COMMUNITY MEMBERS NEED TO BE PRESENT, BUT IF WE ALSO TALK TO THOSE LARGER NONPROFITS THAT WE HAVE IN THIS CITY, WHETHER IT'S LIFTFUND, NOW CAB, WHO HAVE A BETTER UNDERSTANDING OF THE NONPROFIT NEEDS AND THE COMMUNITY NEEDS, THE LEVERS TO PULL, I WANT TO MAKE SURE THAT WE ENGAGE WITH FOLKS LIKE THAT, THAT -- I SPOKE TO NAL CAB ACTUALLY ABOUT THREE OR FOUR MONTHS AGO.

HAD A REALLY GOOD CONVERSATION. I INVITED COUNCILMAN MUNGIA. NALCAP SAT ON A COMMUNITY AGREEMENT BOARD AND THIS WAS A MASTER CARD AND DISCOVER MERGER THAT HAD MAJOR FUNDS COMING THROUGH THERE, BUT IT WAS NALCAB'S ABILITY TO LEVERAGE THOSE DOLLARS, MAXIMIZE THEM WHICH WAS IMPORTANT TO ME. SO I WANT TO MAKE SURE THAT WE BRING THOSE FOLKS IN TO HELP US NAVIGATE WHAT A STRONG COMMUNITY OF BENEFITS AGREEMENT WOULD LOOK LIKE. BECAUSE IF IT'S LIKE A SMALL COMMITTEE, I JUST DON'T THINK IT'S GOING TO MOVE AS -- LIKE IT SHOULD OR COULD. I DON'T KNOW IF THAT -- I JUST WANT TO MAKE THAT

POINT, SO I DID. COUNCILWOMAN VIAGRAN? >> VIAGRAN: THANK YOU.

IN TERMS OF COMMUNITY INPUT -- AND I HEAR AND I UNDERSTAND THAT Y'ALL WANT BRIEFINGS, IN TERMS OF WHERE MY COMMUNITY IS AND HOW THIS IS GOING TO IMPACT MY COMMUNITY, IT IS GOING TO BE DIFFERENT FROM THOSE THAT DO NOT TOUCH DOWNTOWN. AND WHILE I DON'T DIRECTLY TOUCH DOWNTOWN, SHALLOW DISTRICT THREE IS CLOSE ENOUGH TO DOWNTOWN THAT WE ARE GOING TO BE IMPACTED AND THEIR QUESTIONS ARE GOING TO BE DIFFERENT.

SO IN TERMS, ERIK AND BEN, OF COMMUNITY ENGAGEMENT, THAT IS WHERE I WANT A TEAM. AND LORI DID A GREAT JOB OF THIS, OF GOING INTO MY NEIGHBORHOOD ASSOCIATIONS AND TALKING WITH THE NEIGHBORS WITHIN THAT DISTRICT TO ADDRESS THAT. AND, AGAIN, GEOGRAPHICALLY, DISTRICT THREE IS THE LARGEST, SO THE CONCERNS THAT HAPPEN IN THE HIGH LAND PARKS, HIGH LAND HILLS AREA IS GOING TO BE DIFFERENT FROM THE CONCERNS THAT HAPPEN IN THE HARLANDALE MCCOLLUM, MISSION DELAGO -- MY CONVERSATION WITH THAT IS I DO NOT WANT TO TELL MY RESIDENTS THEY HAVE TO COME TO ME DOWNTOWN. I WANT US TO GO TO THEM AND HAVE THESE CONVERSATIONS. AND I WANT YOU TO UNDERSTAND THE COMMUNITIES THAT THE STAFF -- THE STAFF TO UNDERSTAND THE COMMUNITIES THEY'RE GOING IN, SO I WANT TO GO IN WITH THEM, WHICH IS WHILE

[02:45:01]

SO THIS IS WHERE WE'RE GOING ON THE BACK AND FORTH.

AND ERIK, CAN YOU CLARIFY WITH ME, BECAUSE I WAS A LITTLE CONCERNED, ARE WE HAVING TWO BONDS THIS YEAR OR IS EVERYTHING GOING IN ONE BOND FOR -- BECAUSE THAT -- THAT'S WHAT I DON'T -- WHEN HAVE WE HAD -- WHEN DID WE TALK ABOUT THAT? AND IF WE COULD GET THE TIMELINE FOR WHEN BOND

1 AND BOND 2 ARE COMING? >> WALSH: WE'RE GOING TO TALK ABOUT THE DEBT MANAGEMENT PLAN NEXT WEEK, BUT I THINK WHAT I TOOK -- THE WAY I TOOK COUNCILMAN MCKEE-RODRIGUEZ'S COMMENTS WERE IF THE CITY DECIDED TO DO THAT, RIGHT? BUT THAT DECISION HASN'T BEEN MADE. THAT DECISION ULTIMATELY WILL BE MADE BY YOU ALL.

GENERALLY SPEAKING, SINCE -- SINCE AT LEAST THE EARLY '90S, OR MID '90S, MUNICIPAL BONDS HAVE BEEN PROPOSITION OF DRAINAGE AND STREETS AND EVERYTHING AT THE SAME TIME TO THE VOTERS. BUT I THINK -- I THINK WHAT THE COUNCILMAN WAS SAYING IS IF THE CITY EVER CONSIDERED TO DO THAT, THAT'S WHAT HE WAS DESCRIBING, RIGHT? YEAH.

SO THERE'S BEEN NO DECISION TO DO THAT. >> VIAGRAN: BECAUSE I HOPE SO. BECAUSE IF I KNEW I COULD DO SEPARATE BONDS FOR SEPARATE PROJECTS, I WOULD HAVE BEEN DOING THAT FOR THE LAST FOUR YEARS WITH THE PROJECTS ON DISTRICT THREE. SO LET'S -- LET'S MAKE SURE THAT WHEN WE'VE GOT THAT PRESENTATION, IT'S LAID OUT WHAT IT WOULD LOOK LIKE IF WE SEPARATED IT FOR SPECIFIC PROJECTS, BECAUSE IN THAT CASE, I THINK YOU'D HAVE AT LEAST 10 PEOPLE HERE SAYING LET'S DO DIFFERENT PROJECTS FOR MY DRAINAGE PROJECT. SO PLEASE MAKE SURE THAT THAT IS CLARIFIED IN TERMS OF HOW WE'RE GOING TO MOVE FORWARD WITH

THAT. >> WALSH: PART OF NEXT WEEK'S PRESENTATION IS AS MUCH ABOUT WHAT A MUNICIPAL BOND PROCESS IS.

THERE ARE THREE COUNCILMEMBERS ON THIS COUNCIL THAT HAVE GONE THROUGH THAT PROCESS. IT IS -- IT IS DESIGNED TO INSPIRE AND ENGAGE THE COMMUNITY ALONG THE WAY OF PROJECT SELECTION, DEBATE, POLICY DEBATE AT THE COUNCIL LEVEL AND THE SELECTION IN ORDER TO INSPIRE CONFIDENCE.

>> VIAGRAN: AND I WAS ONE OF THE THREE, ERIK, BUT WHAT I'M TELLING YOU IS THIS IS WHAT HAPPENED. CONVERSATIONS START WHERE OUR COMMUNITY IS BEING TOLD THERE'S GOING TO BE A SPECIAL BOND, AND WE NEED TO COME BACK AND BE CLEAR THAT THERE IS NOT GOING TO BE A SPECIAL BOND.

IT IS GOING TO BE -- IF IT IS -- AND IF IT IS GOING TO BE A SPECIAL BOND, THAT WOULD HAPPEN AFTER OUR FIVE-YEAR 2027 BOND.

>> WALSH: COUNCILWOMAN, I DON'T WANT TO ARGUE WITH YOU ON THIS ISSUE, BUT THE CITY MANAGER AND THE STAFF WILL NOT RECOMMEND TO THE COUNCIL THAT WE SEGREGATE OUT BOND PROCESSES OR PROJECTS BECAUSE IT'S NOT A BEST PRACTICE. BUT I THINK WHAT THE COUNCILMAN WAS DESCRIBING A "WHAT IF" SCENARIO. WE WOULD NOT RECOMMEND THAT, NOR WILL WE NEXT

WEEK OR GOING FORWARD IN THE FUTURE. >> VIAGRAN: OKAY.

THANK YOU. I APPRECIATE THAT. COUNCILMAN

MCKEE-RODRIGUEZ. >> MCKEE-RODRIGUEZ: I JUST WANT TO BE CLEAR, I'M ONLY SHARING INFORMATION THAT HAS BEEN SHARED PUBLICLY, UP TO $250 MILLION ESTIMATED COST FOR SPORTS ENTERTAINMENT DISTRICT, INFRASTRUCTURE UPGRADES, GETTING THAT INFRASTRUCTURE IS CONTINGENT [READING] SO IT'S SOMETHING THAT WE'VE PREVIOUSLY DECIDED NOT TO DO, BUT IS VERY MUCH STILL POSSIBLE AND HAS BEEN DISCUSSED.

AND SO IT'S NOT SOME CRAZY HYPOTHETICAL THAT JALEN MADE UP.

THANK YOU. >> MAYOR JONES: ERIK, DO YOU WANT TO SAY

SOMETHING? >> WALSH: THAT WAS NOT THE STAFF BACK THEN.

>> MAYOR JONES: YEAH, SO WHAT I THINK YOU MAY BE TALKING ABOUT IS THE QUESTION I'VE CONTINUALLY ASKED IS WE'VE TALKED IN PREVIOUS CONVERSATIONS, I THINK MAY IS WHEN YOU INITIALLY LAID IT OUT, THAT THE FIRST INFRASTRUCTURE BOND NEEDED FOR DOWNTOWN WOULD BE BETWEEN 220 AND 250.

AND THAT'S WHAT BEN REFERENCED TODAY. THAT WOULD BE, AS YOU HAVE DESCRIBED, POTENTIALLY PART OF THE INFRASTRUCTURE BOND,

CORRECT? >> WALSH: YES, MA'AM. >> MAYOR JONES: SO IT'S NOT A SEPARATE, IT'S A PIECE OF IT. BUT I THINK WHERE THE RUB IS, IS THAT'S THE FIRST BOND RELATED TO INFRASTRUCTURE DOWNTOWN, AND A SECOND ONE WOULD BE FORTHCOMING TO BE DETERMINED IN TERMS OF

THE SIZE AND SCOPE, CORRECT? >> WALSH: YES, MA'AM.

AND THE ONLY OTHER ADDED PIECE IS THAT AS BEN LAID OUT HERE, WE LAID OUT THE 220, THE 250 LAST SUMMER. OBVIOUSLY A LOT OF THAT NEEDS TO BE RELOOKED AT AND REEXAMINED AND REFINED, GIVEN WHAT WE'VE -- WHAT WE KNOW NOW AND BASED ON THE CONVERSATION.

COUNCILMAN MCKEE-RODRIGUEZ, YOU CAN CORRECT ME IF I'M WRONG, WHAT I THINK YOU ARE, THOUGH, IS CHANNELING SOME OF THE FEEDBACK THAT WE HAVE RECEIVED WHICH SOME FOLKS WOULD, IN FACT, LIKE TO VOTE ON SPECIFIC PROJECTS THAT ARE RELATED TO INFRASTRUCTURE DOWNTOWN,

[02:50:05]

ELSE. >> MCKEE-RODRIGUEZ: I THINK WHAT I'M GETTING AT IS IF WE KNOW THIS IS GOING TO HAPPEN, WE KNOW THAT WE NEED TO INVEST IN INFRASTRUCTURE, WE KNOW THAT PARKING IS A CONCERN, THE INFRASTRUCTURE IS GOING TO BE A CONCERN, THE PUBLIC TRANSIT OPTIONS, ALL OF THAT IS GOING TO BE A CONCERN, WE DO HAVE STAKE IN MAKING SURE THAT THIS SUCK SIDES. SUCCEEDS. THAT IS GOING TO ACQUIRE VOTER APPROVAL AND WE HAVE EVERY OP LIG OBLIGATION TO MAKE THAT APPEALING AND I'M CONCERNED THAT WE HAVE NOT DONE THAT.

>> MAYOR JONES: HAS EVERYBODY SPOKEN ON THIS TOPIC THAT WOULD LIKE TO SPEAK ON THIS? OKAY. ERIK, CAN YOU CONFIRM -- OR BEN, WHOEVER, THE TIMELINE THAT WAS SHARED IN AUGUST REGARDING THE WAY FORWARD, IT LOOKS LIKE CONSTRUCTION WOULDN'T BEGIN UNTIL CALENDAR YEAR 2029. IS THAT STILL THE -- FOR THE ARENA.

IS THAT STILL THE CORRECT TIMELINE? >> GORZELL: MAYOR, I DON'T RECALL THE SPECIFIC CONSTRUCTION TIMING. THE ARENA WOULD BE COMPLETE IN THE SUMMER OF 2032, BASED ON THE TIMELINE WE WERE WORKING ON LAST SUMMER. BUT I DON'T REMEMBER THE DETAILED DESIGN OF THE CONSTRUCTION PIECE. I THOUGHT CONSTRUCTION WAS PROBABLY '28, '29,

SOMEWHERE IN THAT TIME FRAME. >> MAYOR JONES: THE CHART PRESENTED IN AUGUST, LEAGUE APPROVALS, STAKEHOLDER ENGAGEMENT AND COMMUNITY LEARNINGS, CALENDAR YEAR '27 WAS PREWORK, PROGRAMMING, DESIGN CONTINUES. CALENDAR YEAR '28, DESIGN CONTINUES.

CALENDAR YEAR '29, DESIGN COMPLETE. CONSTRUCTION BEGINS.

AND I SAY ALL THAT BECAUSE AS WE ARE TRYING TO NAVIGATE A VERY DIFFICULT ECONOMIC ENVIRONMENT, THE TIMING THAT YOU HAVE LAID OUT IS IMPORTANT I THINK FOR US TO WRAP OUR HEADS AROUND, WHAT I WANT TO MAKE SURE, THOUGH, WE ARE AFFORDING OURSELVES AS MUCH TIME AS POSSIBLE SO WE CAN MAKE GOOD DECISIONS AS THE ENVIRONMENT IS CHANGING. SO THERE IS KIND OF WHAT'S BEEN LAID OUT IN THE PRESENTATION, BUT WHAT -- AND YOU'LL HAVE TO CONFIRM EACH OF THESE THINGS, WHAT ACTUALLY IS REQUIRED, SO THAT WE CAN TAKE INTO ACCOUNT CHANGES IN THE ECONOMIC ENVIRONMENT, WHETHER THAT AFFECT OUR BOND CAPACITY OR SOME OF THE OTHER THINGS WE MAY -- WE MAY ASK FOR. SO IF YOU WOULD, THOUGH, THEN PLEASE IN WRITING RECONFIRM THAT THE TIMELINE TO THE COUNCIL. AGAIN, THIS IS US JUST BEING AS FISCALLY RESPONSIBLE AS WE CAN BE, NOT ONLY AS RATES ARE CHANGING, BUT AS THE ECONOMIC ENVIRONMENT IS CHANGING, REITERATE, AS YOU'VE HEARD HERE, A CONSOLIDATED TIMELINE NOT ONLY THIS PROJECT, BUT AS WELL AS THE BASEBALL PROJECT. SO WE'RE ALL VERY CLEAR IN TERMS OF WHEN ACTION IS GOING TO BE REQUIRED AND HOW WE CAN INCORPORATE SUFFICIENT PUBLIC ENGAGEMENT. I'VE GOT A COUPLE OF QUESTIONS ON THE FINANCING PIECE. FRANKLY, IT TOUCHES ON SOME OF THE COMMENTS THAT HAVE BEEN MADE HERE, AND REALLY GETS TO THIS POINT OF BALANCING OUR INFRASTRUCTURE NEEDS ACROSS THE CITY WITH THE INFRASTRUCTURE THAT WE KNOW WE NEED FOR A REVITALIZED DOWNTOWN.

SO CERTAINLY, AGAIN, THE CALL FOR A MASTER PLAN FOR WHAT WOULD BE DOWNTOWN, RIGHT? TENS OF THOUSANDS OF HOUSING UNITS, NOT JUST A COUPLE THOUSAND. AND SO HOW DO YOU ANTICIPATE HELPING US UNDERSTAND THE BEST DISTRIBUTION OF THE PFZ DOLLARS?

>> GORZELL: SO THE PROJECT FINANCE ZONE, THE STATE MONEY THAT WE'RE GETTING, AS WE WENT THROUGH THOSE EFFORTS LAST YEAR TO DEVELOP FINANCIAL PLANS TO POTENTIALLY FUND A CONVENTION EXPANSION AND AN ARENA AS WELL AS SOME OF THE 'DOME OPERATIONAL REQUIREMENTS, WE BUILT THOSE PLANS. PART OF THAT IS THE STRUCTURE.

THE ARENA DEAL IS A REVENUE BOND STRUCTURE, SO WE ARE USING THAT PFZ DOLLARS TO HELP PAY FOR DEBT SERVICE BUT ALSO BE COVERAGE.

AS IT MEETS COVERAGE, IT FLOWS OVER TO FINANCING PLAN FOR THE CONVENTION CENTER AND T THE 'DOME THAT WE THEN UTILIZE IN A DIFFERENT DEBT STRUCTURE THAT DOESN'T REQUIRE DEBT SERVICE THAT REQUIRES US TO DO THAT.

SO WE'RE REALLY USING THE DOLLARS TO BUILD PLANS THAT ALLOW US TO FUND

THOSE PROJECTS IN THE NEAR TERM. >> MAYOR JONES: YEAH, AND I UNDERSTAND THAT WE'RE -- THERE HAS BEEN -- THERE IS A PROPOSED WAY AHEAD AND HOW WE WOULD DISTRIBUTE THOSE DOLLARS, BUT AN

[02:55:02]

>> GORZELL: A COUPLE OF THINGS, AND WE'LL GET YOU SOMETHING THAT MORE DEFINITIVELY DESCRIBES THE PFZ STATUTE AND THE USE OF THOSE DOLLARS FOR INFRASTRUCTURE, IT'S GOT TO BE TIED TO ONE OF OUR VENUES.

>> MAYOR JONES: YEP. >> GORZELL: THERE'S A LITTLE BIT OF LATITUDE PROBABLY THERE BUT NOT A LOT. SO A LOT OF WHAT WE TALKED ABOUT THAT WOULD GO INTO OUR BOND PROGRAM WOULDN'T PROBABLY QUALIFY FOR THAT. BUT WE'LL GO THROUGH THAT AND WE'LL GET YOU SOME ADDITIONAL INFORMATION ON THAT. THE OTHER PART IN TERMS OF TRYING TO TIE THE PFZ INTO ALLOCATED DIFFERENTLY BASED ON AN ECONOMIC ROI, THE ECONOMIC ROI'S OTHER THINGS, IT'S ECONOMIC OUTPUT, IT'S JOBS, IT'S THINGS THAT DON'T COME TO US IN TERMS OF DOLLARS.

THE WAY WE'RE USING THE PFZ IS TO SOLVE FOR HOW DO WE PAY FOR THESE BUILDINGS AND HOW DO WE PAY FOR THIS DEBT. THOSE TWO MAY NOT

ALIGN -- >> MAYOR JONES: YEAH, BUT LET ME STOP YOU.

THE ONLY REASON WE WOULD PAY FOR THOSE THINGS IS BECAUSE WE UNDERSTAND THERE'S AN ROI, RIGHT? WE WOULDN'T PAY FOR SOMETHING THAT WE DIDN'T SEE SOME BENEFIT FROM. SO -- HELPS US UNDERSTAND WHAT THAT IS, THAT'S WHAT I'M LOOKING FOR, NOT JUST A -- RIGHT, YOU WOULDN'T JUST DIVVY IT UP BASED ON NOT UNDERSTANDING THAT THAT IS, IN FACT, THE BEST USE OF THAT MONEY. SO WHATEVER -- YOU CAN ANSWER IT LATER, IF YOU NEED SOME TIME TO THINK ABOUT THAT.

>> GORZELL: SO I THINK THE -- I GUESS FROM MY STANDPOINT, THE PFZ WAS SET ON A COMPLEX. WE WENT BACK TO THE STATE, SAID WE WANT TO HAVE THE FLEXIBILITY TO SPEND DOLLARS IN THIS COMPLEX.

ALL THREE PROJECTS AT DIFFERENT LEVELS CONTRIBUTE AN ECONOMIC ROI. SO THE GOAL WAS TO GET ALL THREE OF THEM DONE

OVER SOME DURATION OF TIME. >> MAYOR JONES: YEAH.

>> GORZELL: THE 'DOME BECAME MORE CHALLENGING, BUT THE GOAL WAS TO GET

ALL THREE OF THEM DONE. >> MAYOR JONES: YEAH, SO THE ROI THAT YOU'RE DESCRIBING, THOUGH, HASN'T BEEN SHOWN TO THIS BODY.

SO IT WOULD BE HELPFUL TO LAY OUT THE ANTICIPATED ROI THAT YOU ARE EXPECTING BASED ON THE DISTRIBUTION FROM THE PFZ.

>> WALSH: SO MAYOR, WE'LL PUT SOMETHING TOGETHER. >> MAYOR JONES: THANKS.

I KNOW PART OF THE CHALLENGE WITH THE PFZ AS WELL IS OUR WANTING TO UTILIZE THAT 2.5 BILLION OVER 30 YEARS, AND SOME OF THAT IS NOT EASILY AVAILABLE, RIGHT. I'D WELCOME ALSO UNDERSTANDING, YOU KNOW, TO THE EXTENT THAT WE HAVE TO PAY FOR THINGS MAYBE INITIALLY THAT WOULD BE COVERED BY THE -- THAT COULD BE COVERED BY THE PFZ BUT IS NOT, JUST BECAUSE THAT MONEY IS NOT THERE YET, I'D WELCOME UNDERSTANDING IF THERE'S ANY WAY IN WHICH WE COULD POTENTIALLY BE REIMBURSED ON THAT, WHEN THE MONEY DOES BECOME AVAILABLE, IF WE COULD UTILIZE THAT LATER ON. OKAY. ON SLIDE 8, AND APOLOGIES, I FORGET WHICH COUNCIL COLLEAGUE MENTIONED IT, BUT CAN YOU -- WE HAVE HAD THE DISCUSSION ABOUT THE -- YOU KNOW, NOT ONLY RECOGNIZING WHERE WE CAN SAVE MONEY IN TERMLESS OF COST SAVINGS, BUT I'VE ALSO RECOGNIZED THE NEED TO RELOOK STRATEGICALLY THE MONEY THAT WE FOREGO, AND ONE OF THOSE IS THE TIRZ. AND SO I'D WELCOME UNDERSTANDING, TO THE EXTENT YOU CAN NOW, WHAT ARE THE OTHER OPTIONS YOU'RE EXPLORING AS PART OF THE IVM ITC ACQUISITION.

>> GORZELL: AT THIS POINT WE DON'T HAVE SPECIFIC OTHER OPTIONS.

WE WILL EXPLORE OPTIONS. ERIK MENTIONED ONE THAT HAD COME UP INFORMALLY BEFORE, AND THAT WAS WHETHER THERE WAS ANY OPPORTUNITY TO SWAP LAND -- I THINK WE WILL ENGAGE UTSA EARLY -- WITHIN THE NEXT MONTH OR TWO AND REALLY BEGIN THOSE CONVERSATIONS AND EXPLORE WITH THEM, WHAT ARE SOME OF THE OTHER THINGS THAT MAYBE THEY'RE LOOKING FOR, WHERE CAN WE HELP, AND IS THERE OPPORTUNITY TO CHANGE HOW WE APPROACH THIS.

[03:00:02]

>> MAYOR JONES: THE CHILLED WATER -- THE CHILLED WATER PLANT, WHAT PERCENTAGE OF THE NEEDED CAPACITY DOWNTOWN WOULD COME FROM THIS -- WOULD

COME FROM THIS FACILITY? >> GORZELL: THE EXPANDED PORTION?

>> MAYOR JONES: CORRECT. >> GORZELL: THE EXPANDED PORTION IS BEING SIZED TO COVER THE ARENA, THE EXPANDED CONVENTION CENTER, I BELIEVE MOST OF THE MIXED USE DEVELOPMENT, THOSE ARE THE PRIMARY DRIVERS OF THAT, PLUS SOME ADDITIONAL CAPACITY, ASSUMING THAT -- BECAUSE THERE COULD BE ADDITIONAL MIXED USE DEVELOPMENT KIND OF IN A SUBSEQUENT PHASE AROUND THE ALAMODOME, SO IT'S BUILDING IN SOME ADDITIONAL FUTURE CAPACITY FOR ADDITIONAL CUSTOMERS TO COME ONLINE

AT A LATER DATE. >> MAYOR JONES: IF OUR MASTER PLAN THAT WE HAD FOR DOWNTOWN, FOR EXAMPLE, ACCOUNTED FOR POTENTIALLY -- AUDIO] -- UNITS DOWNTOWN, WOULD IT BE RELIANT ON THIS CHILLED WATER

FACILITY? >> GORZELL: NO, NOT NECESSARILY.

AND SO THE CHILLED WATER PLANT OR THE DISTRICT COOLING PLANT AS IT LAYS OUT TODAY IS REALLY ON THAT EASTERN EDGE OF DOWNTOWN.

SO IT REACHES -- IT'S LOOP GOES DOWN SOUTH ALAMO AND THEN GOES BACK TOWARDS THE 'DOME, THERE'S A ROOP IN THERE, THERE'S A FINGER THAT GOES OFF COMMERCE, BUT IT DOESN'T REACH BEYOND THAT.

ONE OF THE CHALLENGES WITH THE DISTRICT COOLING IF WE WERE TO DO IT ON THIS SIDE OF DOWNTOWN, MORE TO THE WEST, YOU'D PROBABLY BUILD A SEPARATE PLANT. THEY'RE VERY LARGE -- IT'S A LARGE AMOUNT OF INFRASTRUCTURE, SO THIS ONE IS REALLY DEDICATED TO THAT -- THAT AREA THAT'S REALLY JUST SLIGHTLY BIGGER THAN THE DISTRICT.

SO HOUSING THAT'S THERE, WE COULD POTENTIALLY CONNECT TO, BUT IF IT'S BEYOND THAT, IT BECOMES A LITTLE MORE CHALLENGING BECAUSE YOU'RE HAVING TO

EXTEND INTO GET THERE. >> MAYOR JONES: OKAY. AND THAT'S HELPFUL, BECAUSE I THINK THAT -- THAT FRANKLY ONLY REITERATES THE NEED FOR SOMETHING LIKE A MASTER PLAN WHEN WE'RE THINKING ABOUT ALL OF THE UTILITY NEEDS THAT WOULD BE NEEDED TO SUPPORT, NOT JUST THIS, BUT THE OTHER THINGS THAT WE'RE ACCOUNTING FOR. I CANNOT SUPPORT ENOUGH THE CALLS FOR NO NEW PARKING DOWNTOWN. I MEAN, 26% OF OUR DOWNTOWN IS STREET-LEVEL PARKING. IT'S ONE OF THE HIGHEST IN THE COUNTRY. AND NOT NECESSARILY KIND OF THE BEST -- THE HIGHEST AND BEST USE OF POTENTIAL PROPERTY TAXES, SO I SUPPORT THE OTHER COMMENTS THAT HAVE BEEN MADE ABOUT BEING MUCH INNOVATIVE, ABOUT WALKABILITY, PUBLIC TRANSIT, ET CETERA. ERIK, JUST TO CONFIRM, YOU SAID THE FIRST -- OR THE BOND AMOUNTS RELATED TO DOWNTOWN INFRASTRUCTURE, THAT WILL BE PART OF NEXT WEEK'S DEBT MANAGEMENT PLAN

OR -- >> WALSH: NO, MA'AM. WE'RE GOING TO TALK ABOUT OVERALL THE DEBT MANAGEMENT PLAN, WE'RE GOING TO GIVE YOU AN UPDATE BASED ON -- YOU AND THE COUNCIL AN UPDATE BASED ON THE CHANGE AND ASSUMPTIONS WE TALKED ABOUT IN AUGUST. WE WILL NOT HAVE AN UPDATED DOWNTOWN NUMBER OR ANYTHING ELSE, BUT WE'RE GOING TO TALK BROADLY ABOUT WHAT OUR CAPACITY COULD BE BASED ON CHANGING SOME OF OUR

FINANCIAL ASSUMPTIONS. >> MAYOR JONES: SO GOING BACK TO THE FIRST NUMBER THEN, 220 TO 250, THAT'S STILL BEING POTENTIALLY WHAT THE FIRST BOND

NUMBER IS. >> WALSH: IS IT LIKELY THAT NUMBER WILL GO DOWN. WE NEED TO WORK WITH TXDOT AND WE NEED TO RELOOK AS BEN SAID IN THE PRESENTATION THE PARKING GARAGE, THAT WAS INCLUDED IN THE 220 ASSUMED NO REVENUE -- IT WAS JUST -- IT WAS AN INITIAL ESTIMATE, BUT IT ASSUMED NO REVENUE WOULD BE UTILIZED TO OFFSET THE COST OF CONSTRUCTION. MOST TIMES, IF NOT EVERY TIME THE CITY HAS BUILT A PARKING GARAGE, WE BUILD IT BASED OFF THE REVENUE GENERATED.

WE DON'T BUILD IT OUT OF A GENERAL OBLIGATION BOND.

>> MAYOR JONES: OKAY. WHAT WOULD BE THE TIMELINE, THEN, BASED ON WHEN WE COULD UNDERSTAND WHAT THE SECOND -- THE SECOND BOND -- INFRASTRUCTURE BOND WOULD NEED TO BE FOR THE DOWNTOWN DEVELOPMENT?

>> GORZELL: THE SECOND INFRASTRUCTURE BOND -- >> MAYOR JONES: YEAH, IN THE MAY -- UPDATE THE FIRST PHASE BY SEPTEMBER, AS PART OF THAT WE CAN THEN LOOK AT AND GIVE YOU AN UPDATE OF WHAT WE THINK THAT SUBSEQUENT PHASE --

>> MAYOR JONES: SEPTEMBER. OKAY. THANK YOU.

THE EXECUTIVE PROGRAM MANAGER, UNDERSTANDING THAT THEIR WORK MAY COMMENCE IN APRIL, IF THE TERM SHEET PROJECT AGREEMENTS AREN'T TO BE FINAL UNTIL THE END OF THE YEAR, WHAT IS THAT PERSON GOING TO BE

WORKING ON? >> GORZELL: SO THEY'RE ALREADY GOING TO BE WORKING ON LOOKING AT ALL OF OUR PLANS AROUND THE EXPANSION OF THE CONVENTION CENTER, THE INFRASTRUCTURE PROJECTS, THE SEQUENCING OF THE PROJECTS, LOOKING AT THE UTILITIES, LOOKING AT ALL OF THOSE ELEMENTS THAT WE NEED TO DO TO MOVE ALL OF THIS WORK FORWARD. THEY'RE GOING TO DEVELOP VERY DETAILED PLANS AROUND THOSE PROJECTS SO THAT WE CAN LOOK AT AND

[03:05:03]

WELL. >> MAYOR JONES: OKAY. I APPRECIATE THE -- THAT PIECE OF IT AS WELL. AND I'LL JUST REITERATE THE -- MY COLLEAGUE'S COMMENTS ABOUT THE CBA AND THE OPPORTUNITY TO CERTAINLY IMPROVE THAT.

OKAY. CAN YOU TALK A LITTLE BIT ABOUT SOME OF THE THE HISTORIC PRESERVATION EFFORTS, IF THAT'S SOMETHING YOU NEED TO COME BACK TO US, THAT'S FINE, BUT IF YOU CAN SPEAK GENERALLY TO WHERE

THAT IS IN RELATION TO THIS WORK? >> GORZELL: THE HISTORIC PRESERVATION ON THE OFFICE BUILDING THAT WE'RE ACQUIRING?

>> MAYOR JONES: ANYWHERE IN THE AREA. >> GORZELL: I CAN TALK ABOUT THE OFFICE BUILDING, I DON'T KNOW IF I CAN TALK ABOUT THE

BROADER -- >> WALSH: WE CAN ALSO -- YOU'RE ASKING BROADER

THAN JUST THE FEDERAL BUILDING, RIGHT? >> MAYOR JONES: OH,

CORRECT. RIGHT, RIGHT, RIGHT. >> WALSH: YEAH.

>> GOOD AFTERNOON, SHANNON MILLER, DIRECTOR OF THE OFFICE OF HISTORIC PRESERVATION. SO GENERALLY THE WHOLE DISTRICT FALLS WITHIN THE HELP HIS F HEMISFAIR DISTRICT, THERE'S A LOT OF DIFFERENT LEVELS OF REVIEW THAT WILL HAVE TO TAKE PLACE THROUGHOUT FOR BUILDINGS THAT ARE EXISTING -- DESIGNATED HISTORIC CURRENTLY AND/OR JUST BECAUSE THEY'RE PUBLIC PROPERTY. SO BY VIRTUE OF BOTH, THEY'LL BE DESIGN REVIEW REQUIREMENTS THROUGHOUT THE PROCESS.

>> MAYOR JONES: THOSE ARE ALL OF MY QUESTIONS ON THIS TOPIC.

LET'S TAKE A 10-MINUTE RECESS BEFORE WE GO TO THE SECOND TOPIC.

THANKS.

THE TIME IS 4:24 P.M. AND WE HAVE RECONVENED. ERIK, OVER TO YOU FOR THE

NEXT TOPIC. >> WALSH: THANK YOU, MAYOR.

BEN WILL GO THROUGH THE NEXT PART OF THE PRESENTATION.

THIS PROJECT WAS A LITTLE FURTHER ALONG, BUT THERE ARE STILL A LOT OF WORK EFFORTS THAT NEED TO BE DONE THIS YEAR TO INCLUDE THE DEFINITIVE AGREEMENTS WITH BASEBALL AND WESTERN URBAN, THE DEVELOPER. BEN?

>> GORZELL: SO, MAYOR AND COUNCIL, IN THE INTEREST OF TIME, I'LL TRY TO BE EXPEDITIOUS HERE AND TRY TO GET THROUGH THIS FAIRLY QUICKLY.

SO BEGINNING OF THE PRESENTATION IS A LITTLE BIT OF BACKGROUND ON WHAT WAS APPROVED IN SEPTEMBER OF 2024. SO A LITTLE BIT OF A SUMMARY OF THE PROJECT. AGAIN, THIS IS A NEW DOWNTOWN BALLPARK THAT WOULD HAVE ABOUT ATTENDEES. THE ESTIMATED COST WAS ABOUT $16,500 -- IN AUDIO] -- NEW TAXABLE DEVELOPMENT THAT I'LL TALK ABOUT IN A SECOND.

IT WOULD INCLUDE NEW PRIVATE DEVELOPMENT, HOSPITALITY AND MULTIFAMILY THAT WOULD BE CONSTRUCTED IN FOUR PHASES, AND THAT PROJECTED TAXABLE VALUE WOULD BE ABOUT $1 BILLION.

THE TIMELINE WE HAVE BEEN WORKING ON IS TO HAVE THE BALLPARK OPEN IN TIME FOR THE SEASON BEGINNING IN 2028, WHICH WOULD BE AROUND EARLY 2028, THE BALLPARK WOULD OPEN APRIL OF 2028. HERE'S A PROPOSED DEVELOPMENT THAT I MENTIONED, MIXED USE DEVELOPMENT.

THERE ARE FOUR PHASES LISTED THERE. PHASES 1 AND 2 ARE GUARANTEED AT $575 MILLION COMBINED. THE REMAINING PHASES 3 AND 4 ARE NOT GUARANTEED BUT AS PART OF THEIR DEVELOPMENT PLAN AROUND THE BALLPARK, YOU CAN SEE THE BALLPARK SITE THERE HIGHLIGHTED IN, I GUESS, ORANGE, THE INTERSECTION OF NORTH FLORES AND KINGSBURY, AND THEN THE FOUR PHASES OF MIXED USE DEVELOPMENT ARE COLOR-CODED THERE, AND YOU CAN SEE THOSE OUTLINED THERE ON THE GRAPHIC.

ONE OF THE THINGS I'LL MENTION IN THE TERM SHEET IS PHASES 1 AND 2 ARE GUARANTEED, BUT PHASE 1, IN ADDITION TO BEING GUARANTEED, IT MUST BE READY TO PROCEED BEFORE WE WOULD DO A BOND FINANCING, MEANING IT'S GOT TO BE DESIGNED, FINANCED, IT'S GOT TO BE READY TO MOVE FORWARD AT THE SAME TIME AS WE WOULD ISSUE BONDS, OTHERWISE WE DON'T MOVE FORWARD.

PHASE 2, DESIGN HAS TO HAVE COMMENCED. THAT'S ANOTHER CONDITION OF US MOVING FORWARD WITH THE BOND ISSUANCE, THAT HAS TO HAVE BEGUN BEFORE WE WOULD MOVE FORWARD WITH A BOND FINANCING. JUST AGAIN ON THE SUMMARY

[03:10:14]

IT'S A LOCAL GOVERNMENT CORPORATION, AND THAT HAS BEEN CREATED.

THE BALLPARK IS LOCATED INSIDE OF THE HOUSTON STREET TAX INCREMENT REINVESTMENT ZONE, OR TIRZ. AGAIN, THESE ESTIMATES ARE BASED ON WHAT WE LOOKED AT TWO YEARS AGO, BUT FUNDING OF APPROXIMATELY $160 MILLION FOR THE BALLPARK.

>> MAYOR JONES: SORRY, BEN. WHO'S HERE FROM LEGAL? YOU ARE? OKAY. THANK YOU.

>> GORZELL: FUNDING OF APPROXIMATELY $160 MILLION IN TOTAL.

THAT WAS THE PRELIMINARY ESTIMATE AT THAT POINT. THAT WOULD BE FUNDED FROM A TEAM EQUITY CONTRIBUTION OF $34 MILLION, BONDS TO BE ISSUED BY THE AUTHORITY OR THROUGH THE AUTHORITY, WE WOULD LOOK AT THAT AS WE GET CLOSER TO THE ISSUANCE OF BONDS. IT HAS A PLEDGE OF REVENUES OF THE REISSUE WANS OF TIRZ, THAT'S THE $160 MILLION TOTAL.

ONCE WE GET TO GUARANTEED MAXIMUM PRICE ON DESIGN, THE TEAM IS RESPONSIBLE FOR ANY CONSTRUCTION OVERRUNS OVER THAT GUARANTEED MOSTLY CLOUDY SKIES MUM PRICE OR GMP. THIS IS JUST KIND OF A GRAPHIC LOOKING AT THE BALLPARK FUNDING AGAIN AND HOW WE GET TO THE $126 MILLION.

AGAIN, THESE NUMBERS ARE PRELIMINARY, BUT THE TEAM PAYMENTS, THERE'S A MILLION DOLLARS OF ANNUAL RENT FOR THE BALLPARK OVER THE LEASE TERM.

THERE'S A $2 TICKET FEE THAT ALSO GOES INTO REPAYMENT OF DEBT.

THERE'S THE GUARANTEED NEW DEVELOPMENT PHASES 1 AND 2 THAT WOULD GENERATE INCREMENTAL PROPERTY TAX REVENUE IN THE HOUSTON STREET TIRZ THAT WOULD ALSO BE GUARANTEED AS WELL AS ASSESSMENTS THAT WOULD COME THROUGH A MUNICIPAL MANAGEMENT DISTRICT THAT'S BEEN CREATED THAT -- BOUNDARIES OF THAT MUNICIPAL MANAGEMENT DISTRICT OR MMD, ARE ESSENTIALLY THOSE FOUR PHASES OF DEVELOPMENT THAT I SHOWED YOU.

SO IT JUST CIRCLES THE DEVELOPMENTS THAT ARE PART OF THIS PROJECT.

THERE IS A SMALLER PORTION THAT COMES OUT OF OUR EXISTING CITY AND COUNTY HOUSTON STREET TIRZ CAPACITY. ALL OF THOSE COMBINED SOURCES GENERATE THAT BOND PROCEEDS OF 126 MILLION.

WHEN WE RAN THIS TWO YEARS AGO, ESSENTIALLY THE SPLIT BETWEEN THE FIRST TWO BOXES ON TOP, WHICH IS ALL NEW REVENUE, ABOUT 86 -- 85, 86% OF THE DEBT SERVICE COMING FROM THAT. ABOUT 14% COMING FROM US AND THE COUNTY OUT OF EXISTING HOUSTON STREET TIRZ CAPACITY.

I MENTIONED THE GUARANTEES, SO THERE WILL BE GUARANTEES ON PHASES 1 AND 2, IN ADDITION TO THE GUARANTEES, WE HAVE SECURITY BEHIND THE GUARANTEES. SO THE TEAM -- THE MISSIONS BASEBALL TEAM WILL PROVIDE A TWO-YEAR LINE OF CREDIT THAT'S GOT A VALUE BASED ON THE UPCOMING TWO-YEAR PERIOD, THE VALUE OF THE RISK. THAT WILL BE DEFINED IN THE AGREEMENT. THERE'S A SUBSET OF TEAM OWNERS THAT ARE GOING TO PROVIDE AN ADDITIONAL LINE OF CREDIT, SECURITY TO THAT GUARANTEE, AND THEN THAT LEVEL OF SECURITY OR GUARANTEE DECREASES AND ADJUSTS AS THAT DEVELOPMENT HAPPENS AND AS THAT TAXABLE VALUE'S REALIZED, THOSE REQUIREMENTS TO MAINTAIN GUARANTEES OR IN THIS CASE LE WIDTY OR SECURITY FOR THE GUARANTEE DECREASES OVER TIME. THE LOCAL GOVERNMENT CORPORATION THAT WAS CREATED, AGAIN, IT'S GOING TO OWN THE BALLPARK. IT HAS -- EVERYTHING IT'S GOING TO GET IS GOING TO COME THROUGH THE AGREEMENTS THAT ARE NEGOTIATED AND PUT IN PLACE, SO IT'S LARGELY PROCEDURAL, ADMIN STLAITTIVE. IT WILL BE CONTROLLED, AGAIN, THROUGH THE DEFINITIVE AGREEMENTS THAT WE WILL NEGOTIATE. IT'S BIG RESPONSIBILITIES ARE IT WILL OWN THE BALLPARK, THE TEAM'S GOING TO BE REQUIRED TO SUBMIT AN ANNUAL MAINTENANCE BUDGET TO THE BOARD TO TALK ABOUT HOW TO MAINTAIN AND UPKEEP THE BALLPARK FACILITY, THEY WILL BE REQUIRED TO DO THAT. IT WILL CONSENT OR APPROVE A BOND FINANCING. IF IT ISSUES THE BOND -- IF WE ISSUE THE BOND FROM THE LGC, IT WILL BE APPROVED BY THE LGC. IF WE USE ANOTHER ENTITY TO DO IT, IT WILL JUST CONSENT TO THAT BOND ISSUE HAPPENING, BUT THAT'S ONE OF ITS -- IT WILL ALSO HAVE TO APPROVE THE DOCUMENTS OR MANY OF THE AGREEMENTS BECAUSE IT WILL BE A PARTY TO THE AGREEMENT.

THE STAFFING FOR THE LGC, LIKE WE DO MANY OF THEM, IT WILL BE OUR STAFF, ACTUALLY STAFFING THE LGC, AND DOING SOME OF THE COMPLIANCE AND OTHER WORK THAT WILL HAPPEN ON AN ANNUAL BASIS. THIS IS ALSO INCLUDED IN THE TERMS SHEET. THERE WAS A RELOCATION PLAN THAT WAS DEVELOPED FOR THE BALLPARK ITSELF, IT DOES NOT IMPACT ANY HOUSING OR ANY RESIDENTIAL UNITS, THE DEVELOPMENT DOES. SO WESTERN URBAN OWNS THESE PROPERTIES. THERE'S THREE PHASES HERE THAT ALIGN WITH THE FOUR

[03:15:02]

PHASE 1 YOU SEE HIGHLIGHTED THERE ARE BUILDINGS ONE THROUGH 10, IT'S AT 500 NORTH ST. MARY'S, ALL OF THOSE TENANTS HAVE ALREADY BEEN RELOCATED. I'VE GOT SOME STATS ON A SUBSEQUENT SLIDE THAT I CAN SHOW YOU. PHASE 2 WOULD HAPPEN MORE IN 2027, AND THEN PHASE THREE IN 2029. SOME OF THE OTHER PROVISIONS IN THE TERMS SHEET INCLUDE THAT THE TEAM WILL CONTRIBUTE TO THE BALLPARK MAINTENANCE AND CAPITAL IMPROVEMENT FUND $250,000 ANNUALLY. THE CITY'S GOING TO CONTRIBUTE $500,000 ANNUALLY FROM THE HOUSTON STREET TIRZ TOWARDS THAT FUND SO THIS IS DIFFERENT THAN THE ANNUAL MAINTENANCE, THIS IS KIND OF A BIGGER CAPITAL IMPROVEMENT FUND TO MAINTAIN THE FACILITY.

THE CITY AND THE TEAM WILL COLLABORATE ON THE DEVELOPMENT OF A TRAFFIC SECURITY AND CLEANLINESS PLAN FOR THE AREAS AROUND THE BALLPARK, AND THAT WILL BE PART OF THE NEGOTIATIONS. AND ONE OF THE DEFINITIVE AGREEMENTS WILL INCLUDE THAT. LOCAL PARTICIPATION AND SBEDA PLAN, THEY'VE AGREED TO PRIMARY VENDORS, THEY'RE GOING TO DO COMMUNITY OUTREACH FOR LOCAL, SMALL AND VETERAN CONTRACTORS, THEY'VE AGREED TO PUT THEIR PACKAGES THROUGH OUR SBEDA PROCESS SO WE CAN ASSIGN GOALS AS WE TYPICALLY WILL THROUGH ONE OF OUR PROCUREMENTS.

THEY'LL HAVE THAT GOING FORWARD. SPOM OF THE OTHER BENEFITS, PUBLIC AMENITIES AND GREENSPACE WILL BE MADE AVAILABLE TO THE PUBLIC. THEY COMMITTED TO DEVELOPING A YOUTH PROGRAM TO INCLUDE A NUMBER OF FREE TICKETS PER YEAR TO THE DISADVANTAGED YOUTH AND YOUTH GROUPS. STAKEHOLDER DAYS, SO BOTH THE CITY AND COUNTY WILL HAVE ACCESS TO THE FACILITY FOR FIVE DAYS PER YEAR AS LONG AS IT DOESN'T CONFLICT WITH ANOTHER EVENT.

STAKEHOLDER ADVERTISING, WE'D BE ABLE TO DO PUBLIC SERVICE ANNOUNCEMENTS, US AND THE COUNTY, USING SOME OF THEIR SIGNAGE AND THEIR DIGITAL SIGNAGE, WE'D BE ABLE TO PUSH OUT PUBLIC SERVICE ANNOUNCEMENTS THERE.

THEY ALSO HAVE CREATED THE 1888 BASEBALL FOUNDATION, WHICH IS GOING TO CONTRIBUTE AT LEAST $200,000 ANNUALLY TO SUPPORT LOCAL INITIATIVES REGARDING CHILDREN AND HOMELESS VETERANS.

THEY'VE COMMITTED TO WORKING WITH SAISD ON A PROGRAM TO POTENTIALLY INCLUDE INTERNSHIPS, ACCESS TO FACILITY AND STAKEHOLDER DAYS, MUCH LIKE THE CITY AND COUNTY HAVE. THEY COMMITTED TO A WAGE COMMITMENT TO BE EQUAL TO THE CITY'S MINIMUM ENTRY WAGE, SO AS IT CHANGES, THEIRS WOULD CHANGE. AND THEN VETERANS, THEY'RE GOING TO MAKE AN EFFORT TO HIRE VETERANS FOR GAME-DAY OPERATIONS. SO JUST AN UPDATE, IN TERMS OF SOME OF THE STUFF THAT HAS HAPPENED SINCE THE TERM SHEET WAS APPROVED IN SEPTEMBER OF 2024, ONE OF THE THINGS WE NEEDED TO DO WAS ALIGN SOME OF THE BOUNDARIES IN THE HOUSTON STREET TIRZ AND THE WEST SIDE TIRZ.

THAT WAS DONE IN DECEMBER OF 2024. THE TERM WAS EXTENDED -- INCREASED FROM 90% TO 100%. THE SAN PEDRO CREEK DEVELOPMENT AUTHORITY WAS CREATED IN APRIL OF 2025.

WE CONSENTED -- THE CITY CONSENTED TO THE CREATION OF THE MUNICIPAL MANAGEMENT DISTRICT. IT'S ACTUALLY DONE BY TCEQ, BUT WE CONSENTED BACK IN APRIL OF 2025. ON THE RELOCATION PLAN, IT WAS PUT IN PLACE, THERE ARE 381 UNITS IN THOSE THREE PHASES THAT I SHOWED ON THE PRIOR SLIDE. THEY COULD GET UP TO RESIDENTS THAT WERE RELOCATING COULD GET UP TO $2,500 FOR ELIGIBLE FAMILIES, ALL THE PHASE 1 TENANTS, AS I MENTIONED, HAVE BEEN RELOCATED.

THAT WAS 189 UNITS. WESTERN URBAN DISTRIBUTED $152,000 OF FUNDING THAT THEY SET ASIDE FOR RELOCATION. OUT OF THE CITY'S FUNDING THAT WERE SES ASIDE, WE'VE ONLY DISTRIBUTED ABOUT 74,000, AND THERE WERE 43 OF THE TENANTS THAT CHOSE TO RELOCATE TO ONE OF THE OTHER SILK FACTORY PROPERTIES THAT ARE IN PHASES 2 OR 3. A TOTAL OF 274,000 REMAINS FOR RELOCATION ASSISTANCE REMAINS FOR THOSE PHASES 2 AND 3 TENANTS. GOING BACK TO THE WORK PLAN FOR THIS PROJECT FOR 2026, ONE OF THE THINGS THAT WE'LL NEED TO DO IS A BASEBALL FEASIBILITY STUDY. SO THIS IS A REVENUE BOND ISSUE.

SOMETIMES IN REVENUE BOND ISSUES, WE NEED TO DO FEASIBILITY STUDIES LIKE WE'RE DOING AT THE AIRPORT, WE'RE DOING ONE THERE AS WELL.

THE MISSIONS WITH INPUT FROM US WILL ENGAGE A CONSULTANT THAT WILL CONDUCT A BOND FEASIBILITY STUDY, THIS DOCUMENT GETS AS TACHED TO OUR AFTERING -- ATTACHED TO OUR OF OFFERING DOCUMENT.

[03:20:02]

PHASE 2 WILL BE UNDER DESIGN BUT PHASE 1 WILL BE BREAKING GROUND, SO THAT WILL BE AN IMPORTANT ELEMENT FOR THEM TO INCLUDE.

THEY DERIVE A DRIVE TO 40-YEAR REVENUE PROJECTION.

THE TEAM'S GOING TO CONTRACT THIS CONSULTANT WITH OUR INPUT, THEY'RE GOING TO PAY FOR IT, AND THEN IF A BOND ISSUE IN THIS PROJECT MOVES FORWARD, THEY CAN REIMBURSE THEMSELVES FROM BOND PROCEEDS, IT BECOMES LIKE A COST OF ISSUANCE, BECAUSE IT'S SOMETHING WE NEED AS PART OF THE BOND ISSUANCE. THE SCHEDULE FOR THAT IS ENGAGING IN FEBRUARY WITH OUR INPUT, AND THEN WE WOULD BE HEAVILY INVOLVED BECAUSE WE HAVE ALL THE DATA, ALL THE INFORMATION, WE'RE GOING TO REVIEW ALL THE ASSUMPTIONS, MAKE SURE IT'S CONSISTENT, AGAIN, AS I MENTIONED, WE'RE KIND OF STAFFING THE LGC, SO WE'LL BE DOING A LOT OF THAT WORK.

EXPECT A DRAFT FEASIBILITY REPORT IN APRIL, A FINAL REPORT IN THE JUNE TIME FRAME. TRAFFIC SECURITY PLAN, SO I MENTIONED 4500 FIXED SEATS, TOTAL ATTENDEES, ABOUT 7500. IN THAT NORTHWEST CORNER OF DOWNTOWN, AS WE KIND OF LOOK AT THE PARKING AVAILABILITY AROUND THERE, SO THERE'S AN EXISTING GARAGE THAT IS IN PLACE THAT CAN HELP SUPPORT THE BALLPARK. THERE'S AN ADDITIONAL GARAGE THAT THE COUNTY'S GOING TO BE BUILDING FOR SAISD THAT WILL BE NEAR HERE, AND THEN THERE'S A NUMBER OF OTHER GARAGES THAT ARE IN PRETTY CLOSE PROXIMITY TO THE BALLPARK, SO WE'LL BE LOOKING AT THAT AND LOOKING AT HOW TRAFFIC MOVES IN AND OUT OF THAT CORRIDOR AROUND THE BALLPARK AND DEVELOPING A TRAFFIC PLAN, SECURITY PLAN, AROUND THAT. AND ALSO LOOKING AT OUR PUBLIC TRANSIT OPTIONS. WE EXPECT THAT ANALYSIS AND PARTNER ENGAGEMENT WILL -- SOME OF THAT WORK'S ALREADY BEEN DONE, BUT IT WILL BEGIN DEEPER DIVE ON THAT IN JANUARY. FEBRUARY TO APRIL WE'LL DEVELOP THE PLANS, AND THEN THAT WILL BE PART OF THE NEGOTIATION OF THOSE RELEVANT PROVISIONS IN SOME OF THE DEFINITIVE AGREEMENTS THAT WE'RE GOING TO NEED TO PUT IN PLACE. INTERSECTION IMPROVEMENTS, SO THAT AREA THERE THAT GOES FROM WEST MARTIN TO NORTH FLORES ON WEST PECAN, SOME PEOPLE REFER TO IT AS THE SWOOP. AS PART OF ONE OF THE DEVELOPMENTS, WE'RE PROPOSING TO CLOSE THAT SECTION OF STREET TO MAKE THAT ALL ONE DEVELOPMENT PAD FOR THE M MIXED USE DEVELOPMENT.

WHEN WE DO THAT, IF YOU'RE TRAVELING EAST ON WEST MARTIN, THE WAY YOU GET TO FLORES TODAY IS YOU TAKE THAT SWOOP ON WEST PECAN, SO YOU CAN TAKE THAT RIGHT BECAUSE IT DEAD ENDS RIGHT THERE.

WE'RE PROPOSING TO IMPROVE THAT INTERSECTION AT WEST MARTIN AND NORTH FLORES SO THAT THAT TRAFFIC CAN CONTINUE TO NORTH FLORES ON WEST MARTIN AND YOU CAN GO RIGHT OR LEFT. THAT PROJECT IS FUNDED IN THE CAPITAL PROJECT, IT'S BEEN THERE IN THE LAST YEAR OR TWO, SO THAT FUNDING'S IN PLACE. WE ANTICIPATE AN RFQ FOR DESIGN CONSULTANT IN JULY, BRINGING THEM BACK FOR YOUR CONSIDERATION IN SEPTEMBER, DESIGN WOULD COMMENCE IN OCTOBER. DESIGNS COMPLETE IN APRIL OF '27, AND THEN THEY WOULD BEGIN CONSTRUCTION AFTER THAT. DISPLACEMENT IMPACT ASSESSMENT ON THIS ONE AS WELL. OUR TIRZ POLICY, AGAIN, REQUIRES THAT WE DO ONE FOR -- SO THE NEIGHBORING HOUSING DEPARTMENT IS READY TO BEGIN THAT WORK. AS I MENTIONED THE FOUR PHASES OF DEVELOPMENT DO AFFECT HOUSING, SO THEY RARY GOING TO BE DOING THAT -- THEY'RE GOING TO BE DOING THAT WORK AROUND SIMILAR TIME FRAME, SPRING OF '26. NEGOTIATION OF DEFINITIVE DOCUMENTS, AGAIN, THE PARTY'S HERE SAN ANTONIO MISSION -- BASEBALL PROJECT. WE'VE INCLUDED SOME EXAMPLES HERE, AGAIN, OF -- AGREEMENT, ECONOMIC DEVELOPMENT AGREEMENT, THE GUARANTEE AGREEMENT, SOME OF THIS, AGAIN, THROUGH NEGOTIATIONS WILL DETERMINE WHAT FORM THEY TAKE, WHETHER THEY'RE SEPARATE AGREEMENTS OR WHETHER WE COMBINE SOME OF THESE. THIS IS NOT THE FULL AND EXHAUSTIVE LIST, BUT JUST WANTED TO GIVE YOU AN IDEA, AGAIN, SOME OF THE DOCUMENTS THAT WE'LL BE WORKING THROUGH. THERE'S A LOT OF WORK STILL GOING ON IN TERMS OF THE MIXED USE DEVELOPMENT, BALLPARK DESIGN.

WE'RE LOOKING AT THE FINANCING PLAN, ALL OF THOSE THINGS.

THAT WORK WILL CONTINUE OVER THE NEXT COUPLE MONTHS, BUT THEN I EXPECT IN MARCH WE'LL START TO GET INTO MORE NEGOTIATION OF THE ACTUAL AGREEMENTS

[03:25:04]

I MENTIONED THE FEASIBILITY STUDY THAT NEEDS TO GET DONE, SO THAT IT CAN BE PART OF THE OFFERING DOCUMENT. FINANCIAL ANALYSIS AND MODELING WILL CONTINUE. FINALIZING THE BOND STRUCTURE IN TERMS OF WHAT THIS REVENUE BOND STRUCTURE LOOKS LIKE GOING FORWARD, THAT WORK WILL PROBABLY HAPPEN CLOSER TO ACTUAL -- THE ACTUAL TIME WE'RE GOING TO MARKET, BECAUSE THE FINANCIAL MARKET CONDITIONS WILL DRIVE A LOT OF THAT AS WELL. WE'RE GOING TO LOOK AT POTENTIALLY BOND INSURANCE. WE'RE CLOSE ENOUGH IN THE WINDOW WHERE WE CAN START ENGAGING WITH THE BOND INSURER. THAT HELPS BECAUSE IF WE CAN GET THE RIGHT KIND OF PREMIUM AT THE RIGHT KIND OF CREDIT, THEN WE'RE NOT HAVING TO FUND A DEBT SERVICE RESERVE WITH CASH, MEANING YOU'RE NOT HAVING TO ISSUE DEBT FOR THAT, SO THAT HELPS US LOWER THE COST.

AND THEN WE WILL HAVE TO OBTAIN AT LEAST ONE BOND RATING ON THIS FINANCING. A COUPLE OF QUICK UPDATES ON -- I MENTIONED THAT THE BOND FINANCING CANNOT MOVE FORWARD UNLESS PHASE 1 IS READY TO MOVE FORWARD WITH CONSTRUCTION AND PHASE 2 IS IN DESIGN.

BASED ON OUR DISCUSSIONS WITH WESTERN URBAN, THAT IS ON TRACK TO HIT THAT MAY/JUNE TIME FRAME. HE STILL HAS A LOT OF WORK TO DO TO GET TO THAT POINT, BUT IT IS ON SCHEDULE TO GET TO THAT POINT.

AGAIN, WE WOULD NOT ISSUE UNLESS WE WERE -- UNLESS WE HAD CONFIRMATION THAT THOSE TWO THINGS HAD BEEN ACHIEVED. THE BALL BARK IS THE OTHER ONE THAT IS UNDER DESIGN. I'LL SHARE THAT THERE'S WORK TO DO THERE. THEY'RE WORKING ON A DESIGN, THEY'RE WORKING ON UPDATING COSTS. I'LL SAY EARLY INDICATIONS ARE THAT IT'S PROBABLY OUTSIDE OF THE ESTIMATES THAT I JUST WENT OVER FROM TWO YEARS AGO, SO I DON'T HAVE ANYTHING ELSE TO SHARE, BECAUSE THEY NEED TO DO A LITTLE BIT MORE WORK ON THAT, AND WHAT DOES THAT LOOK LIKE, WHAT DOES THAT MEAN? SO THAT WILL BE PART OF ONE OF OUR FUTURE UPDATES THAT WE'LL COME BACK AND TALK TO YOU ABOUT. SO, AGAIN, THE TIME FRAME HERE IS REALLY JANUARY THROUGH MAY, ALL OF THIS WORK AROUND THE MIXED USE DEVELOPMENT DESIGN, THE DESIGN OF THE BALLPARK, IT'S GOT TO GET TO -- CLOSER TO A GMP, AND THEN WE'VE GOT TO NEGOTIATE THE DEFINITIVE DOCUMENTS. TO PUT IT NRA POSITION WHERE WE'VE GOT ALL OF THAT ALIGNED AND READY FOR POSSIBLE -- PUT IT IN A POSITION WHERE WE'VE GOT ALL THAT ALIGNED AND READY FOR POSSIBLE START IN JUNE, IF THE DOCUMENTS ARE APPROVED IN JUNE, PROBABLY WITHIN 30 DAYS WE'D BE OUT IN THE MARKET DOING A BOND ISSUANCE TO FUND THE PROJECT. OH, ONE MORE.

ON -- I WANTED TO TOUCH ON REAL QUICK THE NELSON WOLFF STADIUM SITE REDEVELOPMENT, SO WE'D ALSO TALKED ABOUT WHAT DO WE DO WITH THE CURRENT STADIUM IF THIS BALLPARK IS BUILT AND THEY, IN FACT, RELOCATE DOWNTOWN, WHAT DO WE DO WITH THAT SITE? AND THERE'S A COUPLE THINGS HIGHLIGHTED ON THIS SLIDE AND MAYBE A LITTLE HARD TO SEE ON THAT MAP, BUT ON THE LOWER RIGHT-HAND CORNER, THAT IS FOR THE MOST PART OUR PROPERTY. SO LEVI STRAUSS PARK IS THERE, RON DARNER COMMUNITY CENTER IS THERE. JUST TO THE WEST OF THAT IS REALLY SOME VACANT LAND RIGHT NOW THAT'S GOING TO BECOME A PHASE 1, [INDISCERNIBLE] BOND PROJECT THAT I THINK IS AROUND A $7 MILLION PROJECT. IT'S A FIRST PHASE OF A PARK MASTER PLAN, SO KIND OF WHAT'S LISTED ON THAT SLIDE -- OR SHOWN ON THAT SLIDE IS THE BIGGER MASTER PLAN FOR THIS REGIONAL PARK. THAT 2022 BOND ALLOCATION WILL FUND THE FIRST PHASE OF THAT. SO WE'VE GOT A PARK MASTER PLAN AND A PARK DEVELOPENT HAPPENING THERE NEXT TO THE COMMUNITY CENTER AND THE LEVI STRAUSS PARK. AT THE SAME TIME, IN THAT UPPER LEFT-HAND CORNER, RODRIGUEZ PARK, THE COUNTY'S MAKING A LOT OF PARK IMPROVEMENTS IN THAT AREA AS WELL, NOT ALL OF THAT IS FUNDED THAT IS SHOWN THERE, BUT THEY'VE GOT SUBSEQUENT ALLOCATIONS THERE COMING THERE, AND THEN THAT LITTLE SQUARE THERE ON THE FAR UPPER RIGHT-HAND -- OR UPPER LEFT-HAND PART OF THAT IS ACTUALLY CITY-OWNED PROPERTY THAT WE COULD MAKE AVAILABLE -- THAT'S IN A FLOODPLAIN, THAT YOU COULD PUT FIELDS ON AS WELL. SO THAT COULD BE SOMETHING WE COORDINATE WITH THE COUNTY. NOT FUNDED, BUT FROM A PLANNING PERSPECTIVE, THERE'S A LOT OF PARK AMENITIES IN THIS AREA, A

[03:30:03]

WHAT WE'RE PROPOSING IS THAT WE ENGAGE WITH THEM TO KIND OF SEE WHAT ARE YOUR PLANS, HOW MIGHT IT FIT IN WITH WHAT WE'RE TALKING ABOUT HERE, BUT WE WHAT WE WOULD LIKE TO DO AS WE MOVE FORWARD WITH THIS REDEVELOPMENT OPPORTUNITY IS TO ENGAGE THE CONSULTANT TO HELP US WORK ON A CONCEPT PLAN WORKING WITH COUNCILMAN GALVAN'S OFFICE, ENGAGING THE COMMUNITY, REALLY TALKING ABOUT WHAT ARE THE POSSIBILITIES LOOK LIKE FOR THIS AREA AND FOR THE BALLPARK AND A REPURPOSING OF THE BALLPARK AND COME UP WITH A PROPOSED PLAN IN TERMS OF HOW TO ADDRESS THAT. THIS WOULD MOVE FAIRLY QUICKLY AS WELL, BECAUSE WE'D LIKE TO GET IT IN A POSITION WHERE WE UNDERSTAND WHAT THAT MIGHT LOOK LIKE AND IF THERE'S SOMETHING THAT MAYBE WE NEED TO DO OR CONTRIBUTE TO IT TO HELP IT BE SUCCESSFUL, WE WANT TO KNOW THAT SOONER THAN LATER RATHER THAN WAITING UNTIL THE TEAM LEAVES, WE'D RATHER DO THIS WORK UP FRONT. SO WE'RE GOING TO DRAFT AN RFQ, GET THAT TO THE AUDIT COMMITTEE IN MARCH.

WE WOULD EXPECT TO HAVE THE CONSULTANT HIRED BY JUNE -- OR IN JUNE, AND THEN ABOUT A SIX TO 12-WEEK PROCESS OF WORKING THROUGH THAT.

AGAIN, ALL PRELIMINARY SCHEDULES, ONCE WE GET RESPONSES, WE'LL ADJUST THAT AS WE NEED TO, BUT THEN GETTING A DRAFT REPORT FROM THEM IN THE SEPTEMBER/OCTOBER TIME FRAME. SO JUST A QUICK UPDATE ON THE NELSON -- THE CURRENT NELSON WOLFF STADIUM SITE AND A POTENTIAL REDEVELOPMENT OPPORTUNITY THERE. SO THAT CONCLUDES MY PRESENTATION. HOPEFULLY I DIDN'T BLOW THROUGH THAT TOO QUICKLY,

BUT HAPPY TO ANSWER QUESTIONS. >> MAYOR JONES: THANK

YOU. COUNCILWOMAN KAUR? >> KAUR: THANK YOU, MAYOR. THANK YOU, BEN, FOR THE UPDATE.

I JUST WANTED TO START OFF AND SHARE JUST KUDOS TO THE TEAM AT NHSD AND TO THE TEAM THAT'S BEEN MANAGING THE SILK FACTORY APARTMENTS, BECAUSE WE WORKED REALLY DILIGENTLY OVER THE SUMMER TO MAKE SURE THAT ALL OF THE RESIDENTS THAT WERE ELIGIBLE GOT THE BENEFIT THAT THEY WERE SUPPOSED TO RECEIVE WITH THEIR DISPLACEMENT FUNDING THAT WE PROVIDED.

AND SO WE HAVE FOLKS THAT STILL CALL ME TO THIS DAY TO TALK ABOUT WHAT THEIR PLANS ARE AND IT WAS FROM THAT, THAT WE ACTUALLY REALLY REALIZED THAT HOW MANY FOLKS WERE LIVING IN SMALL UNITS AND ACTUALLY REALLY NEED -- THERE WAS A NEED FOR SMALL AFFORDABLE UNITS IN DOWNTOWN.

AND SO WE HAD THAT DISCUSSION WITH THE HOUSING TRUST AS WELL.

SO I JUST WANTED TO SAY THANK YOU. AND THE OTHER THING THAT I THINK IS A REALLY GOOD BENEFIT THAT WE DIDN'T EXPECT IS THAT THERE IS STILL OVER $250,000 -- I THINK IT'S 274 AVAILABLE FOR PHASE 2 AND PHASE THREE, AND INITIALLY WE DIDN'T EVEN THINK THERE WAS GOING TO BE THAT MUCH FUNDING AVAILABLE FOR THEM. SO THERE IS STILL OPPORTUNITY FOR THOSE FOLKS THAT ARE STILL STAYING TO RECEIVE THEIR TRANSITION FUNDING AS WELL. THE OTHER THING THAT I WANTED TO JUST MENTION IS JUST BECAUSE THE FUNDING IS COMING FROM HOUSTON STREET TIRZ MONEY, THAT THIS -- BEN, CAN YOU JUST CLARIFY THAT THIS MONEY DOES NOT AFFECT OUR BOND DOLLARS, OUR GENERAL BOND DOLLARS THAT WE'RE GOING

TO BE TALKING ABOUT NEXT WEEK? >> GORZELL: THAT'S CORRECT. THIS DOESN'T AFFECT OUR GENERAL OBLIGATION BOND

CAPACITY. >> KAUR: OKAY. SO I JUST WANTED TO MAKE SURE THAT THE COMMUNITY ITSELF KNOWS THAT, THAT ALTHOUGH IT'S DEBT, THAT IT'S NOT COMING FROM THE SAME -- SAME SPACE. I ALSO WANTED TO HIGHLIGHT THE PARTNERSHIP WITH BEXAR COUNTY AND SAISD ON THIS DEAL, WE -- WHEN WE FIRST STARTED TRYING TO WORK TOGETHER, THERE WAS SOME CONTENTION ON WHO WAS GOING TO DO WHAT, BUT BEXAR COUNTY'S VERY GRACIOUSLY PAYING FOR THE NEW -- FROM THEIR SIDE, SO GRATEFUL THAT THE JUDGE AND COMMISSIONERS COURT WAS WILLING TO SUPPORT THEM IN THAT MATTER. ALSO SAISD WAS ABLE TO RECEIVE A LAND SWAP FOR THE ADVANCED LEARNING ACADEMY, IT ONE OF THEIR HIGHEST RATED ELEMENTARY SCHOOLS IN THE DISTRICT AND IT'S ON EUCLID.

IT'S ACTUALLY ONE OF THE REASONS WHY 425 SAN PEDRO, WHICH BY THE WAY IS BUILT AND HAVING ITS GRAND OPENING NEXT TUESDAY, 10:00 A.M., I HOPE EVERYBODY WILL BE THERE, BUT IT'S ONE OF THE BIG REASONS WHY THAT AFFORDABLE HOUSING DEVELOPMENT WAS ABLE TO GET ITS 9% DEAL AND IT'S BECAUSE THEY ARE CLOSE TO A HIGH PERFORMING ELEMENTARY SCHOOL.

SO BECAUSE THEIR SCHOOL WAS HIGH PERFORMING AND THEY WANTED TO GROW CAPACITY WITH THEIR BOND, THEY NEEDED MORE LAND. SO THEY HAVE ACTUALLY TRANSITIONED OVER TO THE WEST SIDE RIGHT NOW AS THEY ARE GROWING EUCLID

[03:35:03]

WE HAD THIS CONVERSATION A LITTLE EARLIER WITH DOWNTOWN AND WHAT THAT MEANS FOR DOWNTOWN HOUSING, WHILE WE KNOW IT'S EASY TO BUILD ONE BEDROOM, WE HAVE TO CONTINUE TO DEEPLY INCENTIVIZE TWO AND THREE BECAUSE IT'S VERY APPARENT THAT FAMILIES ARE MOVING FURTHER OUT WHERE THERE'S EASIER ACCESS AND WE WANT TO MAKE SURE FAMILIES CAN STAY IN THE URBAN CORE, IN THE CRAG AND STILL BE ABLE TO ATTEND OUR INNER CITY SCHOOLS. I WANTED TO ALSO THANK ONE MORE UPDATE THAT WE'VE BEEN WORKING ON IS THE FIVE POINTS UNDERPASS, Y'ALL REMEMBER THE FIVE POINTS NEIGHBORHOOD WAS ACTUALLY REALLY EXCITED FOR THE BALLPARK AND THEY'RE THE NEIGHBORHOOD THAT'S JUST NORTH OF IT.

THEY FEEL LIKE THEY'RE THE OFTEN FORGOTTEN ONE. AND IF WE GO BACK TO THE CONVERSATION THAT WE WERE JUST HAVING OF WHAT OUR DOWNTOWN BOUNDARIES ARE, SOMETIMES WHEN YOU'RE IN THE PERIPHERIES OF DOWNTOWN AND YOU'RE RIGHT OUTSIDE, YOU FEEL LIKE, OH, EVERYTHING JUST GOES AND IT DOESN'T ACTUALLY HELP AND CONNECT AND BENEFIT US. SO ACTUALLY COUNCILMEMBER MCKEE-RODRIGUEZ HAS STARTED THIS PROJECT TO WORK ON THE UNDERPASSES, AND HE WAS WORKING ON THE EAST SIDE ONES AND Y'ALL WILL KNOW THERE'S A CRAYOLA UNDERPASS ON THE EAST SIDE, THERE'S THE COMMERCE STREET THAT'S BEAUTIFULLY LIT. SO WE'RE WORKING ON THE FINE SILVER UNDERPASS, IT'S THE ONE THAT CONNECTS FLORES ACROSS TO FIVE POINTS.

AND THE BASEBALL TEAM AS WELL AS SOME OF THE OTHER DOWNTOWN STAKEHOLDERS HAVE AGREED TO HELP COFUND AN ARTS PROJECT UNDERNEATH THE BRIDGE, SO WE'VE HELD A COUPLE OF COMMUNITY ENGAGEMENT SESSIONS FOR WHAT THAT WOULD LOOK LIKE. AND THE COMMUNITY WANTS TO SHOW HOW THAT WAS, LIKE, THE INITIAL PASSAGEWAY TO DOWNTOWN, THEY'RE GOING TO DO A LITTLE HOE IMAGINE TO HOMAGE TO BASEBALL AND THE MISSIONS ITSELF. THAT AREA IS A VERY HEAVILY WALKED AS WELL.

AND CONTINUING TO SUPPORT OUR UNHOUSED POPULATION AROUND THERE, WE JUST IMPLEMENTED A SHARPS DISPOSAL AREA WITH CORAZON THERE BECAUSE WE WANTED FOLKS TO BE ABLE TO SAFELY DISPOSE THEIR NEEDLES THAT ARE WALKING UP AND DOWN. SO ALL OF THAT TO SAY, THERE'S SOME WORK THAT'S ALREADY BEEN DONE SINCE THIS DEAL IS PASSED, BUT I DO THINK THERE'S MORE WORK THAT WE NEED TO DO WITH COMMUNITY STAKEHOLDERS AND ENGAGEMENT, AND I KNOW THE TEAM HAS COMMITTED TO CONTINUING TO WORKING WITH ALL OF OUR OFFICES TO SEE WHO IS REALLY ENGAGED TO DOING THAT WORK. THE LAST MEETING THEY JUST TOLD ME THEY HAD WAS UNIVERSAL DESIGN SESSION WHICH IS SOMETHING THE HOUSING TRUST ALSO USES -- COME FORWARD, I KNOW THERE'S A LOT IN THE TIMELINES AND THE LAST THING I JUST WANT TO REEMPHASIZE IS UNTIL PHASE 1 GOES TO MARKET, WE WON'T BE TAKING OUT DEBT FROM THE HOUSTON STREET TIRZ TO PAY FOR THE STADIUM. SO JUST WANTED TO REEMPHASIZE THAT, TOO.

THAT'S ALL I HAVE, >> GALVAN: THANK YOU, STAFF.

THANK YOU FOR THE PRESENTATION BEN. I APPRECIATE THE CONVERSATIONS WE HAVE BEEN HAVING AROUND THE WOLFF STADIUM EFFORT.

IT WAS ONE OF THE FIRST THINGS I CAME INTO OFFICE TALKING ABOUT WITH LORI, MARIA, ERIK, BEN AND HOMER TO SEE WAYS WE CAN CONTINUE TO PUSH FORWARD.

OF COURSE WITH THE MOVING DOWNTOWN, I WANT TO MAKE SURE THAT DISTRICT 6 AND THE WEST SIDE OF SAN ANTONIO ISN'T LEFT BEHIND IN THIS CONVERSATION.

WE KNOW THE IMPACTS THAT HAVE HAPPENED FROM THIS DEVELOPMENT, THE PROMISES MADE AND WE HAVE SEEN THE IMPACTS SEEN. WE HAVE SEEN A SCHOOL CLOSE NEARBY AND CONTINUED STRUGGLES OF ECONOMIC DISPARITIES IN THE AREA AND SO IT'S IMPORTANT THAT WE CONTINUE TO FOCUS IN ON WAYS WE CAN SUPPORT THE GROWTH OF THIS COMMUNITY AND SUPPORT THE BENEFITS THAT ARE NEEDED THERE IN TRUE ECONOMIC DEVELOPMENT FASHION. WE TALK ABOUT GROCERY STORES, HEALTHCARE, ET CETERA THAT ARE MISSING FROM THE COMMUNITY. EAGER TO WORK ON THAT.

I REALLY APPRECIATE THE CONVERSATION I HAD TODAY WITH RANDY AS WELL WHERE THE TEAM IS ALL IN CONTINUING THAT WORK. I APPRECIATE THAT AS WELL.

I'M REALLY EXCITED TO MAKE SURE WE ARE MOVING FORWARD ON THIS.

I DO WANT TO MAKE CLEAR TO MY COUNCIL COLLEAGUES -- I TALKED TO ERIK AND BEN ABOUT THIS ALREADY -- BUT THAT I DON'T FEEL A CONSULTANT WOULD BE THE BEST USE OF THIS EFFORT. MY TEAM AND I HAVE DISCUSSED MAKING SURE OUR TEAM IS FRONT AND CENTER IN LEADING THESE EFFORTS OF THINGS WE WANT TO WORK ON THAT BRINGS THE COMMUNITY ALONG EVERY STEP OF THE WAY.

[03:40:04]

STUDIES? >> GORZELL: SO THE TRAFFIC SECURITY, WE'RE NOT HIRING A CONSULTANT. WE'RE GOING TO WORK WITH THE TEAM AND OUR DEPARTMENTS WILL TAKE THE LEAD ON THAT AND WE'LL WORK ON THAT INTERNALLY.

WHAT WAS YOUR OTHER ONE? >> GALVAN: THE FEASIBILITY STUDY.

>> GORZELL: THE BOND FEASIBILITY STUDY. IF I HAD TO GUESS, PROBABLY

IN THE 75 TO 100 RANGE, SOMEWHERE IN THERE. >> GALVAN: GOT IT.

AND THEN THE INTERSECTION? WE TALKED ABOUT THAT ONE. >> GORZELL: THE INTERSECTION IS FUNDED IN THE ADOPTED CAPITAL BUDGET. I'LL HAVE TO PULL THE DOLLAR AMOUNT FOR YOU. I THINK 5 TO $6 MILLION, SOMEWHERE IN THAT RANGE BUT

I'LL FOLLOW UP WITH YOU. >> GALVAN: GOT IT. AGAIN, JUST WANT TO MAKE SURE I'M KEEPING NOTE AND IT'S TRANSPARENT TO RESIDENTS AS TO WHAT THINGS ARE COMING OUT OF OUR BUDGET OR SIMILAR FUNDS FOR THESE EFFORTS.

APPRECIATE THAT. I THINK GENERALLY AROUND THIS PARTICULAR PROJECT FOR THE COMMUNITY AND ARE AFFORDABLE. FINDING WAYS TO MAKE THOSE STRUCTURES AVAILABLE TO ADMINISTER THIS AND DELIVER THIS IS IMPORTANT TO ME.

THE INCLUSION AND FOCUS OF LOCAL HIRING AND GOOD-EQUAL PAYING JOBS IS GOING TO BE CRITICAL. EXCITED TO SEE HOW THOSE NEGOTIATIONS GO FORWARD WITHIN THE DEVELOPMENT AGREEMENTS. I THINK THOSE ARE THE BIGGEST POINTS FOR THAT ONE. [INDISCERNIBLE] THAT WILL STILL BE THE CONVERSATION AROUND PARK AND RIDE CONVERSATIONS AND COMPLETE STREET NEEDS AS WELL IN THE AREA. I HAD A COUPLE OF QUESTIONS AROUND THE RELOCATION COMPONENTS. ONE OF THE BIG ONES I WANTED TO ASK ABOUT WAS DO WE KNOW HOW MANY RESIDENTS RECEIVED RELOCATION DOLLARS? I KNOW THE 43 MOVING INTO THE PHASE 2 AND 3, BUT HOW MANY TENANTS RECEIVED RELOCATION DOLLARS OUT OF THE TOTAL

NUMBER OF PHASE 1? >> WALSH: COUNCIL MEMBER, WE HAVE THAT BREAKOUT AND WE'LL E-MAIL YOU AND THE REST OF THE COUNCIL. I THINK VERONICA HAD TO STEP OUT. BUT WE HAVE AN ACCOUNTING FOR EACH OF THE INDIVIDUALS.

>> GALVAN: GREAT. DOES THAT ACCOUNTING ALSO INCLUDE WHERE THEY MOVED TO SINCE? WE DON'T NEED A PHYSICAL ADDRESS.

>> WALSH: ONLY THE ONES WE KNOW MOVED TO THE OTHER PARTS OF THE DEVELOPMENT.

THOSE THAT WENT OUT, WE DON'T KNOW WHERE THEY'RE AT, SPECIFICALLY.

>> GALVAN: I SEE. THAT'S HELPFUL TO KNOW. I MEAN, I THINK IT'S SOMETHING THAT STAYS IN MY MIND AS WE'RE TALKING ABOUT DEVELOPING DOWNTOWN TO BE FOR EVERYBODY. THAT IF WE ARE FACILITATING -- I UNDERSTAND THE DISPLACEMENT STUDY, WE DID NOT DISPLACE DIRECTLY, BUT WE ARE FACILITATING PUSHING PEOPLE OUT OF DOWNTOWN. I WONDER IF THEY'RE STILL WITHIN OUR CITY, THE CRAG, THE 410 LOOP. ARE THEY IN PLACES THAT ARE JUST AS AFFORDABLE AS THAT ONE? OF COURSE UNDERSTANDING THE MAINTENANCE. ALL THE THINGS ARE IMPORTANT TO ME TO MAKE SURE THAT WE ARE COMMITTED TO OUR GOALS TO MAKING OUR DOWNTOWN AND OUR INNER CITY A PLACE FOR EVERYONE TO AFFORD TO LIVE IN, ENJOY, PROSPER, AND RAISE A FAMILY.

IF WE'RE NOT DOING THAT, THAT'S SOMETHING FOR US TO KEEP IN MIND.

ALSO ON RELOCATION, WE MENTIONED THE $240,000 REMAINING AMOUNT.

IS THAT THE TEAM CONTRIBUTION OR IS THAT CITY RELOCATION FUNDS THAT ARE

STILL AVAILABLE? >> WALSH: IT'S A COMBINATION.

THE MAJORITY OF THAT IS CITY. >> GALVAN: OKAY.

SOUNDS GOOD. DO WE KNOW HOW MUCH, EXACTLY?

>> WALSH: PULL UP THAT SLIDE. >> GORZELL: SO THEY DISTRIBUTED 150, 200. OUT OF OUR ALLOCATION, $74,000 FOR PHASE 1.

THERE'S $274,000 REMAINING FOR PHASES 2 AND 3. OUT OF THAT 274, DO WE KNOW

HOW MUCH IS THE CITY RELOCATION FUNDS? >> GORZELL: OUR TOTAL WAS

[03:45:05]

200 OR 250? .>>

>> WHEN I CONFIRM THE BREAKDOWN, I'LL INCLUDE OUR RECONCILIATION OF WHAT WAS PUT IN INITIALLY BY THE CITY AND WESTON URBAN. WE'LL KIND OF RECONCILE THAT FOR YOU AND SHOW YOU HOW THAT WAS APPLIED TO THE TENANTS THAT WERE IN THAT

PHASE 1 PIECE. WE'LL BREAK ALL THAT OUT. >> WALSH: IT'S ABOUT

$176,000 OF THE CITY, OF THE 274. >> GALVAN: GOT IT.

OKAY. THAT'S HELPFUL. THE LAST COMMENT I WANTED TO MAKE ON THIS POINT WAS I WANT TO THANK COUNCILMEMBER KAUR'S VIEW OF THE BENEFITS.

I WANT TO SHOUT OUT MY CHIEF OF STAFF FOR THE WORK SHE DID TO ADVOCATE ON BEHALF OF SAISD ALONG WITH THE TRUSTEES TO MAKE SURE THIS EFFORT WAS GOING FORWARD TO SUPPORT THE SCHOOL DISTRICT, THE NEEDS THEY HAVE, AS WELL AS THE FAMILIES IN THE AREA AS MUCH AS POSSIBLE. YEAH. THANK YOU SO MUCH.

>> MAYOR JONES: COUNCILWOMAN VIAGRAN. >> VIAGRAN: THANKS.

I'M GOING TO MAKE THIS AS BRIEF AS POSSIBLE. IN TERMS OF OUR DAYS, THE COMMUNITY DAYS, AS SOON AS WE CAN -- AND I KNOW IT'S A WAYS OFF.

BUT IF WE COULD GET WHAT OUR STAKEHOLDER DAYS, WHAT WE ARE THINKING ABOUT USING THEM FOR, IF WE NEED TO DESIGNATE THEM FOR A FESTIVAL OR SOMETHING LIKE THAT. I KNOW WHAT I DON'T WANT THEM USED FOR.

[LAUGHTER] THE OTHER THING IS PROGRAMMING.

WHEN WE GO INTO THESE AGREEMENTS, I KNOW PART OF THE APPEAL OF GOING DOWNTOWN IS WHEN IT WAS OFF SEASON THAT THEY COULD PROGRAM IN AND AROUND THE BALLPARK.

AND I WANT TO MAKE SURE THAT THE PROGRAMMING ALIGNED WITH WHAT OUR PRIORITIES ARE, TO BRING THE COMMUNITY FROM THE WEST SIDE OUT TO DO SOMETHING AFFORDABLE, SOMETHING OUTDOORS, SOMETHING THAT ACTIVATES THEM.

AND NOT JUST THE WEST SIDE BUT ALL OF SAN ANTONIO. BUT IN PARTICULAR THE WEST SIDE AND THAT WALKABILITY ASPECT. I WOULD LIKE -- AND I DON'T KNOW IF THIS PRESENTATION SHOULD GO TO PCDC OR EWDC FIRST, BUT THE WOLFF STADIUM REDEVELOPMENT IN TERMS OF WHAT WE'RE LOOKING AT THERE AND HOW WE CAN TAKE THAT OUT TO OUR BUSINESS PARTNERS, IF IT IS GOING TO BE SOME MULTIUSE AND THEN WITH PCDC IF WE NEED TO GO VERTICAL IN SOME OF OUR HOUSING THAT WE'RE THINKING ABOUT IN THAT AREA, PRESENTING TO THEM IN MORE IN DEPTH THAN JUST THE WOLFF STADIUM.

IN TERMS OF THE COMMUNITY ASSETS, WHAT I THINK THE BALLPARK CAN HELP WITH -- AND I TALKED TO THE OWNERS, IN PARTICULAR, IS THAT SAFETY, SECURITY, TECHNOLOGY PIECE. YOU KNOW, OF COURSE IF WE ACTIVATE THE SPACE, PEOPLE WILL GO OUT THERE AND IT BECOMES SAFER AND BECOMES SOMETHING WHERE PEOPLE FEEL MORE SECURE. AND IF THEY HAVE THE TECHNOLOGY, WHETHER IT'S FREE WI-FI, LIGHTS THAT COME ON AT DUSK BECAUSE THEY'RE SOLAR POWERED, THAT TENDS TO KIND OF BE HELPFUL TOO. I WANT TO MAKE SURE THAT WE STRESS WITH THEM THAT THAT'S

OUR EXPECTATIONS. THANK YOU. >> MAYOR JONES:

COUNCILWOMAN ALDERETE GAVITO. >> GAVITO: THANK YOU, BEN FOR THIS PRESENTATION. JUST A FEW QUICK POINTS. ON SLIDE 3, I THINK ONE OF THE THINGS I APPRECIATED MOST ABOUT THIS DEAL WHEN MANY OF US WERE VOTING ON IT WAS, BEN, WHAT YOU MENTIONED HOW THE CONDITIONS NEED TO BE MET BEFORE THE ISSUANCE OF BALLPARK BONDS AND HOW PHASE 1 MUST BE DONE BEFORE WE CAN EVEN START PHASE 2.

I THOUGHT THAT WAS A REALLY SMART PLAY IN OUR NEGOTIATIONS AND SO I'M GLAD TO SEE THAT THAT ALL CAME TO LIFE. I DO WANT TO COMMEND WESTON URBAN ON HEARING THE NEEDS OF THE COMMUNITY AND PROVIDING RELOCATION ASSISTANCE. THAT'S NOT SOMETHING THEY HAD TO DO AND SO I'M GLAD THEY WENT ABOVE AND BEYOND FOR THE COMMUNITY TO DO THAT.

THE OTHER THING WAS, REALLY QUICK, THIS KIND OF TIES INTO OUR PREVIOUS CONVERSATION ON WHY TRANSPORTATION AND GETTING PEOPLE INTO DOWNTOWN IS GOING TO BE SO IMPORTANT.

[03:50:03]

>> MAYOR JONES: COUNCILMAN WHYTE. >> WHYTE: THANKS, MAYOR.

I'LL START BACK TO FRONT, WHERE THE COUNCILWOMAN LEFT OFF.

I KNOW COUNCILMAN GALVAN HAS BEEN WORKING HARD ON WHAT'S GOING TO BE THERE WHERE THE NELSON WOLFF STADIUM WAS AND HE AND HIS OFFICE ARE THE RIGHT FOLKS TO LEAD THAT DISCUSSION AND CONDUCT THE COMMUNITY ENGAGEMENT NECESSARY.

AND SO I FULLY SUPPORT HIS EFFORTS THERE AND, YOU KNOW, WHAT HE WANTS TO DO OUT THERE. I THINK WE SHOULD ALL HAVE CONFIDENCE IT'S GOING TO WORK AND FOLLOW THERE. WITH RESPECT TO THE FINANCING, I'LL ECHO COUNCILWOMAN ALDERETE GAVITO'S STATEMENTS AS WELL. I CALL THIS, IT WAS SORT OF A UNICORN OF A PROJECT, THIS ONE. THE FINANCIAL STRUCTURE THAT BEN AND HIS FOLKS WERE ABLE TO PUT TOGETHER ON THIS ONE WAS REALLY SOLID AND THAT'S WHY I SUPPORTED IT AND WHY I BELIEVE THIS COUNCIL DID. BIG PICTURE, WE HAVE SUCH AN OPPORTUNITY HERE. WHEN YOU THINK ABOUT THE DISTRICT THAT'S GOING TO BE ON ONE-HALF OF DOWNTOWN AND THEN THIS MINOR LEAGUE STADIUM ON THE OTHER SIDE OF DOWNTOWN. OF COURSE, WE KNOW ABOUT THE AIRPORT, THE NEW TERMINAL.

THAT'S COMING AS WELL. OUR CITY, OVER THE NEXT SIX TO SEVEN YEARS, HAS SUCH AN OPPORTUNITY TO PROGRESS AND GROW INTO SOMETHING WHERE THE ECONOMIC DEVELOPMENT THAT WE SEE HERE BECOMES MUCH, MUCH MORE SUBSTANTIAL. AND, AGAIN, THE PURPOSE OF THAT IS TO CREATE A REVENUE STREAM FOR OUR CITY THAT THEN WE CAN USE TO ENHANCE FOLKS' DAY-TO-DAY LIVES, TO GET THOSE STREETS FIXED. TO MAKE THOSE NEIGHBORHOODS SAFER. TO TAKE CARE OF THOSE DRAINAGE PROBLEMS. SO I'M REALLY EXCITED ABOUT THIS PROJECT. I THINK CITY STAFF HAS DONE A GREAT JOB HERE. THANK YOU TO ALL OF OUR PARTNERS.

I MEAN, THIS IS A GREAT EXAMPLE OF A PUBLIC-PRIVATE PARTNERSHIP THAT'S GOING TO END UP WORKING OUT FOR OUR CITIZENS. THANKS, MAYOR.

>> MAYOR JONES: COUNCILMAN MUNGIA. >> MUNGIA: I WANT TO ALSO COMPLIMENT MY COLLEAGUE FOR DOING PUBLIC ENGAGEMENT WITHOUT NEEDING A MILLION DOLLAR CONSULTANT. I THINK WE ALL NEED TO TAKE A LESSON ON THAT.

WITH REGARDS TO NELSON WOLFF STADIUM, I WOULD CHALLENGE US -- AND OF COURSE THE COMMUNITY INPUT IS GOING TO BE VERY VALUABLE THERE. TO ALSO LOOK AT THE REGIONAL CONNECTIVITY OF LEON CREEK. THAT'S ONE OF THE FEW PLACES OF LEON CREEK IN THE ENTIRE CITY THAT'S NOT ACTUALLY REALLY WELL DEVELOPED. AND OF COURSE I'M RIGHT ACROSS THE HIGHWAY OR HIGHWAY 90. I HAVE A PARK IN MY DISTRICT THAT IS A LEON CREEK CONNECTION. THE CONNECTION TO PEARSALL PARK CONTINUES. THERE HAS BEEN A DESIGN PROJECT THAT WE TALKED ABOUT IN THE LAST BOND. I THINK AS FAR AS THE CREEK GOES, I WOULD SAY LOOK AT THAT MORE REGIONAL AND CONNECTIVITY TO YOU COULD EVENTUALLY GET FROM, YOU KNOW, TOM SLICK ALL THE WAY TO PEARSALL PARK. RIGHT NOW THAT CONNECTION DOESN'T EXIST AND IT SHOULD CONSIDERING THE REST OF LEON CREEK AND HOW IT'S BEEN DEVELOPED OVER TIME. I WOULD ALSO APPRECIATE -- I KNOW YOU'RE GOING TO SEND US AN E-MAIL ON THE FOLKS THAT ARE RELOCATED AND TOOK ADVANTAGE OF THE FUNDS.

I WOULD ALSO BE INTERESTED TO KNOW WHY MAYBE SOME FOLKS MAY HAVE APPLIED AND NOT RECEIVED MONEY, IF THERE WAS ANY DATA REGARDING THAT OR WHY THEY COULDN'T BE HELPED.

I'M ALSO CURIOUS WHY, ON SLIDE 16, IT SAYS THAT THERE'S NO DIRECT DISPLACEMENT FROM THE BALLPARK PROJECT. SO WE JUST TALKED ABOUT RELOCATION AND NOW WE'RE SAYING THAT THERE'S NO DISPLACEMENT.

I DON'T UNDERSTAND WHY THAT IS SAYING THAT. CAN SOMEONE CLARIFY?

>> GORZELL: AS I MENTIONED EARLIER, THE BALLPARK SITE ITSELF DID NOT CAUSE THE DISPLACEMENT. THE PLAN DID BECAUSE IT HAS MIXED-USE DEVELOPMENT IMPACTING IT. SO WHEN YOU LOOK AT THE TIRZ POLICY ON THE WAY IT'S

[03:55:01]

WORDED, THAT'S WHERE THAT COMES FROM. >> MUNGIA: I THINK WE'RE SPLITTING HAIRS WITH THAT AND I THINK MAYBE BY A TECHNICALITY THAT'S CORRECT.

BUT I THINK THE SPIRIT OF THE TIRZ CHANGES THAT WERE MADE WAS TRYING TO GET AT THIS. AND SO I UNDERSTAND THAT THE ACTUAL PHYSICAL PROJECT DIDN'T DISPLACE BUT THE PLAN THAT IT ENCOMPASSES DID. AND SO WE WENT THROUGH A -- I WAS ON STAFF BUT WE WENT THROUGH A VERY LONG PROCESS WITH THE TIRZ, YOU KNOW, POLICIES. AND SO TO SEE THAT IT TECHNICALLY DIDN'T FIT BUT YET WE HAVE A WHOLE FUND FOR RELOCATION BECAUSE OF THE PROJECT KIND OF GETS TO THE SPIRIT OF IT. SO I GUESS WE'LL HAVE TO REFINE THAT AT PCDC OR SOMETHING BECAUSE THAT SHOULD HAVE SAID, YES, THERE WAS DISPLACEMENT.

>> WALSH: COUNCILMAN, YOU'RE EXACTLY RIGHT. THAT DISPLACEMENT ANALYSIS WILL BE DONE IN THE SPRING. IF YOU GO TO THAT SLIDE, WE ARE SPLITTING HAIRS TO A DEGREE. BUT THAT REPORT IS NOT DONE SO THIS IS GOOD FEEDBACK TO TAKE INTO CONSIDERATION BECAUSE THE FINAL REPORT WILL TAKE INTO ACCOUNT THE

ENTIRE DEVELOPMENT. WE'LL LAY THAT OUT. >> MUNGIA: I APPRECIATE THAT AND I SUSPECT THAT THE PROJECT WILL SAY THERE WAS DISPLACEMENT.

I DON'T THINK PUTTING THIS SLIDE HERE TODAY WAS HELPFUL, IF IT'S NOT

FINISHED. >> WALSH: IT'S TO LAY OUT WHAT STILL NEEDS TO BE DONE AND THE PRELIMINARY SCHEDULE FOR FINALIZING THAT ANALYSIS BACK TO THE COUNCIL AND THE PUBLIC IS IN SPRING OF 2026. WE COULD HAVE MAYBE DONE THAT SECOND BULLET A LITTLE

BIT DIFFERENTLY, FOR SURE. >> MUNGIA: YEAH. I THINK YOU COULD HAVE OMITTED THAT BECAUSE THAT IS NOT HELPFUL AND IT MAKES A TRUST ISSUE THERE WITH THAT

BULLET POINT. >> WALSH: WE'RE NOT TRYING TO CREATE A TRUST ISSUE BUT I CERTAINLY UNDERSTAND THAT WE SHOULDN'T BE SPLITTING HAIRS LIKE THAT AND UNDERSTAND. WE'LL MAKE SURE THAT DISPLACEMENT STUDY TAKES

INTO ACCOUNT THE WHOLE THING. >> SEGOVIA: IF I MAY ADD, I WANT TO GET TO THE TRUST ISSUE. WE USED THE DEFINITION IN THE TIRZ DOCUMENT. WE'RE NOT TRYING TO MISLEAD ANYONE, COUNCILMAN.

IF THE COUNCIL WANTS TO CHANGE THAT LANGUAGE, WE CAN CHANGE IT TO MAKE SURE WE DON'T HAVE A SITUATION LIKE THAT. BUT WE'RE NOT SPLITTING HAIRS OR MISINTERPRETING ANYTHING. WE'RE FOLLOWING THE

DEFINITION THAT'S IN THE TIRZ DOCUMENT. >> MUNGIA: OKAY.

THEN IF THAT'S THE DOCUMENT, THEN WE WILL CHANGE THAT AT PCDC.

THANK YOU. >> GORZELL: COUNCILMAN, THE OTHER PART OF I SHOULD HAVE SAID, BECAUSE I KIND OF WENT THROUGH THIS QUICKLY ON THE FRONT END.

WAS MUCH LIKE THE DISTRICT. THE BACK HALF OF THIS PRESENTATION WAS REALLY MEANT TO TALK ABOUT WHAT'S OUR WORK PLAN FOR '26. WHAT ARE THE THINGS YOU'RE GOING TO SEE COMING -- IN THIS CASE, IT'S IN THE NEXT SIX MONTHS BECAUSE THIS IS ON AN ACCELERATED TIMELINE. THAT'S THE WORK EFFORT. WE TALKED ABOUT THE TERM SHEET ON THE FRONT END, BECAUSE WE HADN'T HAD THAT CONVERSATION WITH YOU ALL AS A GROUP. THAT TERM SHEET WAS APPROVED IN SEPTEMBER OF '24.

I THINK WE WERE GOING TO DO IT A COUPLE OF TIMES LAST FALL, WE JUST DIDN'T GET THERE, BUT THAT'S WHY THIS ONE IS STRUCTURED A LITTLE BIT DIFFERENT THAN THE PREVIOUS PRESENTATION BUT MEANT TO GET TO THE SAME GOAL.

>> MAYOR JONES: COUNCILWOMAN MEZA GONZALEZ. >> GONZALEZ: JUST WANTED TO ACKNOWLEDGE THE SITE REDEVELOPMENT PLAN. JUST SUPPORTING COUNCILMEMBER GALVAN'S COMMUNITY ENGAGEMENT. I MEAN, I THINK THIS IS KIND OF THAT SLIDE THAT YOU CAN'T UNSEE IN THAT, YOU KNOW, THE STADIUM IS GOING AWAY.

MAKING SURE THAT WE JUST SPEND ALL OUR TIME AND RESOURCES TO MAKE SURE THAT COMMUNITY DOESN'T FEEL THAT LONGER THAN THEY HAVE TO, HONESTLY.

HOWEVER IT CAN BE HELPFUL, LET ME KNOW. THANK YOU.

>> GORZELL: SO MAYBE IF I COULD TOUCH ON THAT POINT REAL QUICK.

IT'S COME UP A COUPLE OF TIMES. SO THAT SLIDE, CAN WE BRING THAT UP? AND WE CAN CERTAINLY WORK WITH YOUR OFFICE, COUNCILMAN GALVAN TO WORK ON THE SCOPE OF THIS. IT WASN'T JUST TO BE COMMUNITY ENGAGEMENT. WE WANT TO GIVE YOU A RESOURCE THAT AS YOU ENGAGE THE COMMUNITY -- AND WE'LL TAKE YOUR LEAD ON THE COMMUNITY ENGAGEMENT SIDE -- BUT AS YOU ENGAGE, GIVING YOU A RESOURCE THAT CAN HELP US VISION THAT A LITTLE BIT.

SO PUT IT ON PAPER, WHAT DOES IT LOOK LIKE, WHAT DO OPTIONS LOOK LIKE.

EXPLORE OPTIONS. BUT BE ABLE TO SHOW THE COMMUNITY THIS IS WHAT IT COULD LOOK LIKE IS AN ADDITIONAL RESOURCE. HAPPY TO WORK WITH YOU ON

THE SCOPE OF WHAT THAT LOOKS LIKE. >> MAYOR JONES:

[04:00:01]

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

TO VOTE UPON THE POINT OF COUNCILMAN MUNGIA, I BELIEVE IT'S THE STRATEGIC HOUSING IMPLEMENTATION PLAN THAT DEFINES RESIDENTIAL DISPLACEMENT TO INCLUDE ANY OCCUPIED INHABITABLE HOW WOULD THAT WILL BE REQUIRED TO PERMANENTLY MOVE FOR THE PROPOSED DEVELOPMENT . I UNDERSTAND WITHIN THE PRESENTATION IT'S FOCUSING ON THE TIRZ POLICY, BUT I THINK THERE'S OPPORTUNITY WHEN IT GETS AMENDED IN PCDC TO ADOPT THE SHIP DEFINITION OF DISPLACEMENT. GOING TO THE NELSON WOLFF STADIUM SITE REDEVELOPMENT, I'M PLEASED TO SEE THERE IS A ROBUST PRELIMINARY SCHEDULE. I THINK OFTENTIMES, WHETHER IT'S THE SOUTH SIDE, THE HARLANDALE COMMUNITY OR EDGEWOOD, OFTENTIMES THOSE ARE SOME OF OUR COMMUNITIES THAT GET LEFT OUT OF ECONOMIC DEVELOPMENT. AND THE CONCERN I HAVE HEARD FROM ABUTTING PROPERTY OWNERS, SMALL BUSINESS OWNERS IN PARTICULAR, THEY'RE CONCERNED ABOUT WHAT THE RELOCATION OF THE STADIUM IS GOING TO MEAN FOR THEIR SMALL BUSINESSES STADIUM AND THEY'RE CONCERNED ABOUT HOW THEY'RE GOING TO SEE A DECREASE IN REVENUE AS THEIRS CHANGES. PLEASED TO SEE THAT STAFF AND THE COUNCIL MEMBER INTEND TO GET AHEAD OF THAT RELOCATION TO MAKE SURE THAT THE COMMUNITY MEMBERS AND THE BUSINESS OWNERS ALIKE HAVE THE SUPPORT NECESSARY. IN TERMS OF THE STRUCTURE FOR THE DEVELOPMENT AUTHORITY, CAN YOU REMIND ME OF WHAT THAT MAKEUP LOOKS

LIKE? >> GORZELL: I'M SORRY, COUNCILWOMAN.

YOUR QUESTION WAS ON THE LGC? >> CASTILLO: YES.

>> GORZELL: THE BOARD MAKEUP? >> CASTILLO: YES.

THE BOARD MAKEUP. >> GORZELL: THE BOARD IS NINE MEMBERS.

THREE FROM THE CITY, THREE FROM THE COUNTY, AND THREE FROM THE TEAM.

OURS ARE THE MAYOR, THE CITY MANAGER, THE CHIEF FINANCIAL OFFICER FOR THE CITY.

THE COUNTY'S IS THE COUNTY JUDGE, THE COUNTY MANAGER, AND ONE OF THE COMMISSIONERS. THERE ARE THREE REPS FROM THE TEAM.

>> CASTILLO: THANK YOU FOR THAT CLARIFICATION ON THE MAKEUP.

OFTEN WHAT I HEAR FROM DISTRICT 5 RESIDENTS IS ACCOUNTABILITY AND WHO DO THEY HOLD ACCOUNTABLE IF THERE'S QUESTIONS OR CONCERNS.

I THINK HAVING ELECTED REPRESENTATION FROM BOTH THE CITY AND COUNTY IS IMPORTANT FOR ACCOUNTABILITY PURPOSES. JUST WANTED TO ENSURE THAT AS DEVELOPMENT AND COMMUNITY INPUT EVOLVES AROUND THE TRAFFIC AND SECURITY AND CLEANLINESS PLAN, I KNOW THE GARDENDALE NEIGHBORHOOD ASSOCIATION CAME OUT IN PUBLIC COMMENT IN SUPPORT OF THIS PROJECT BUT THEIR EXPECTATION IS THAT THEY ARE INCLUDED IN THAT PUBLIC INPUT PROCESS . JUST WANTED TO REMIND THAT THE GARDENDALE COMMUNITY WOULD LIKE TO CONTINUE TO BE A PART OF THAT ENGAGEMENT PROCESS.

BUT ALSO JUST WANTED TO BE ASSURED OF THE BENEFITS WE SEE HERE.

THE COUNCILWOMAN FACILITATED CONVERSATION, BROUGHT STAKEHOLDERS TOGETHER TO ENSURE THERE WERE COMMUNITY BENEFITS EXTRACTED FROM THIS DEAL.

I DON'T THINK WITHOUT HER LEADERSHIP WE WOULD HAVE HAD THOSE BENEFITS THAT WE'RE TALKING ABOUT TODAY. SIMILAR TO THE DATA AND DETAILS WITH THE RELOCATION FEES, I WOULD ALSO LIKE TO SEE THAT DATA AND HOW MUCH HAS BEEN DISPERSED.

HOW MANY HAVE BEEN DENIED BUT AN UNDERSTANDING OF HOW WE CAN LEARN FROM THAT PROPOSED BUCKET. I WOULD ALSO LIKE TO UNDERSTAND, ONCE WESTON URBAN RELOCATES ALL THE TENANTS AND THERE IS A REMAINING BALANCE, DOES THAT BALANCE GO TO THE NEIGHBORHOOD AND HOUSING SERVICES DEPARTMENT FOR THE GENERAL RELOCATION FUND? I WANT TO KNOW WHAT HAPPENS TO THOSE DOLLARS IF THAT

MONEY IS NOT SPENT. >> WALSH: OURS OR THEIRS? >> CASTILLO: BOTH.

AND IF WESTON URBAN LEADERSHIP IS HERE, I THINK IT WOULD BE GREAT IF YOU DONATE THAT TO THE CITY'S RELOCATION SERVICES FUND. I KNOW DURING THE NEGOTIATIONS, WESTON URBAN COMMITTED TO CONTINUE TO UPHOLD SOME OF THE FAIR HIRING PRACTICES WITH BAN THE BOX. JUST WANTED TO CHECK TO SEE

THAT WAS SOMETHING THEY'RE STILL COMMITTED TO. >> GORZELL: YES.

I DON'T BELIEVE THAT'S CHANGED. >> CASTILLO: OKAY.

AND THEN LASTLY, THEIR WAGE COMMITMENT. AGAIN, GRATEFUL TO SEE THAT THEY'VE COMMITTED TO PAY THE CITY'S ENTRY WAGE. BUT MY QUESTION IS DO WE KNOW IF THAT ALSO APPLIES TO THOSE FROM CONTRACTED COMPANIES SUCH AS

CONCESSIONS OR CUSTODIAL CONTRACTORS? >> GORZELL: COUNCILWOMAN, LET ME GO BACK AND LOOK AT THAT ONE. MY RECOLLECTION IS THIS IS FOR THE EMPLOYEES IN THE BALLPARK. I THINK IT'S FOLLOWING KIND OF WHAT WE DO IN OURS. LET ME DOUBLE CHECK THAT. I'LL MAKE SURE I GET THAT

RIGHT. >> CASTILLO: THOSE ARE ALL MY COMMENTS AND QUESTIONS.

>> WALSH: IS YOUR QUESTION -- BR AND DECEMBER WE WERE ON ANOTHER TOPIC AND YOU WERE

[04:05:06]

ABOUT HERE? >> CASTILLO: YES. >> WALSH: WE'LL FOLLOW UP

ON THAT BECAUSE THAT WASN'T THE INTENTION. >> CASTILLO: THANK YOU.

THANK YOU, MAYOR. >> MAYOR JONES: COUNCILMAN GALVAN.

>> GALVAN: LAST QUICK POINT. I KNOW I'M HAPPY TO HAVE THE WOLFF STADIUM REDEVELOPMENT CONVERSATION GO TO ANOTHER COMMITTEE BUT I WANT TO MAKE SURE WE'RE ENGAGING THE RESIDENTS AND WHAT WAYS WE CAN MAKE IT FEASIBLE TO MAKE IT HAPPEN. I WOULD PREFER THAT FIRST BEFORE WE GO TO ANY OTHER COUNCIL CONVERSATION OR COMMITTEE. THANK YOU.

>> MAYOR JONES: HAS EVERYONE SPOKEN ON THIS ISSUE THAT WOULD LIKE TO SPEAK? OKAY. BEN, CAN YOU GIVE US A LITTLE BIT OF AN UPDATE? SOME OF US ARE OBVIOUSLY CATCHING UP TO THE STORY AND SO WHEN YOU LOOK AT THE TERM SHEET, THE BONDS ARE SUPPOSED TO HAVE BEEN INITIALLY ISSUED NOVEMBER OF 2025. OBVIOUSLY THAT DID NOT HAPPEN. MY UNDERSTANDING IS THAT IT'S PUSHED TO, AS YOU DESCRIBE, MAY OR JUNE DUE TO CHALLENGES IN THE ECONOMY, CHALLENGES WITH MEETING THE GUARANTEED REVENUE. HOW SHOULD WE UNDERSTAND THE DELAY?

>> GORZELL: SO WHEN WE APPROVED THE TERM SHEET IN SEPTEMBER OF 2024, THE ONE PIECE THAT WAS STILL PENDING WAS THE ACQUISITION OF SOME PROPERTY WITH SAISD.

AND AT THAT POINT IN TIME WE THOUGHT THAT WAS GOING TO HAPPEN PRETTY QUICKLY AFTER THAT. IT DIDN'T REALLY OCCUR THAT WAY.

I THINK IT WAS -- MY RECOLLECTION WAS LIKE FEBRUARY OF '25 BEFORE THAT HAPPENED. AND THERE WAS A LOT THAT WENT INTO THAT.

I THINK COUNCILWOMAN KAUR TALKED A LITTLE BIT ABOUT THAT.

BUT THAT INCLUDES THE COUNTY AGREEING TO BUILD THE PARKING GARAGE.

THERE WAS AN ACQUISITION OF PROPERTY BY WESTON URBAN THAT WAS THEN SWAPPED WITH THE SCHOOL DISTRICT. THERE WAS A LOT THAT WENT INTO THAT.

THAT WAS ABOUT FOUR OR FIVE MONTHS THERE THAT CHANGED IT.

THE REST OF IT HAS BEEN CONTINUING OUR DUE DILIGENCE.

THEY HAVE BEEN WORKING ON DESIGN. THE GOAL IS TO GET TO SPRING OF 2028 FOR OPENING DAY. WE'RE STILL ON TRACK TO DO THAT.

>> MAYOR JONES: WHEN WE LOOK AT THE GUARANTEED PIECE HERE, WHILE IT TALKS ABOUT A BILLION DOLLARS, AS YOU MENTIONED ON THE SLIDE, IT'S ONLY PHASE 1 AND PHASE 2 THAT'S GUARANTEED. $575 MILLION IS ALL THAT THEY HAVE TO GUARANTEE.

>> GORZELL: THAT'S CORRECT. >> MAYOR JONES: SO THEN THE OPERATING ASSUMPTION IS ONCE YOU GET TO $575 MILLION IN GUARANTEED REVENUE, THAT WILL SOMEHOW, BY 2031, IF NOT AFTER, GET US TO A BILLION DOLLARS?

>> GORZELL: SO THIS IS THE PROJECTED TAXABLE VALUE AND THEN WE'RE GOING TO GENERATE PROPERTY TAX INCREMENT OFF OF THAT. THE FIRST TWO PHASES ARE GUARANTEED. THE NEXT TWO PHASES ARE IN THE DEVELOPMENT AGREEMENT BUT IT WILL HAVE LANGUAGE THAT THEY'VE GOT TO USE COMMERCIAL REASONABLE ESTIMATES TO TRY TO ACHIEVE THAT. BUT IT'S NOT GUARANTEED, THOSE SUBSEQUENT TWO PHASES. BUT THE BOND FINANCING IS PREDICATED ON THE FIRST TWO.

AND IT DOESN'T INCLUDE THE LAST TWO PHASES. >> MAYOR JONES: SO THEN

THE LAST TWO ARE INCLUDED WHY, EXACTLY? >> GORZELL: THE DEVELOPER, IN TERMS OF SHOWING THEIR ENTIRE DEVELOPMENT PLAN, IF YOU LOOK AT THAT WHOLE FOOTPRINT, IT'S LOOKING AT WHAT'S GOING TO HAPPEN IN THOSE FOUR PHASES.

NOT ONLY SHOWING HERE'S THE BALLPARK IMPACT, HERE'S WHAT I PLAN TO DO -- THE DEVELOPER FROM A MIXED-USE DEVELOPMENT PERSPECTIVE. AND THESE ARE THE PHASES I

INTEND TO DO IT. >> MAYOR JONES: IT'S ONLY 1 AND 2 THAT ARE GUARANTEED.

IF THEY CHANGE THEIR MIND, THE ECONOMY CHANGES, THEY DON'T NEED TO ACTUALLY DO

PHASE 3 OR 4? >> GORZELL: THAT'S CORRECT.

>> MAYOR JONES: THERE'S LIKE 70 SOME-ODD GAMES AND IT SOUNDS LIKE THE OWNERS WOULD LIKE TO DO ANOTHER 120 EVENTS AT THE SPACE, IF I'M LOOKING AT THE TERM SHEET CORRECTLY. AND IT LOOKS LIKE WE'RE ON THE HOOK FOR 500K EVERY YEAR

IN TERMS OF MAINTENANCE. >> GORZELL: THAT'S CORRECT.

>> MAYOR JONES: CAN YOU HELP ME UNDERSTAND HOW WE GOT TO THAT VERY SIGNIFICANT

NUMBER? >> GORZELL: YEAH. >> MAYOR JONES:

ESPECIALLY, AGAIN, THEY'RE KEEPING ALL THE REVENUE. >> GORZELL: YEAH, SO THE TEAM IS PUTTING IN $250,000 IN ANNUAL MAINTENANCE. WE'RE PUTTING IN $500,000.

WE DID THAT PART BECAUSE THE COUNTY WAS GOING TO HELP WITH THE SAISD ACQUISITION.

BUT THAT WAS BASED ON RELATIVELY WHAT WE THOUGHT WE NEEDED TO DO IN TERMS OF ANNUAL MAINTENANCE TO MAINTAIN THE FACILITY. SO THE NUMBER CAME FROM THAT AND THEN WE SPLIT IT WITH THE TEAM, 250, AND THEN 500 FROM US OUT OF THE TIRZ.

>> MAYOR JONES: NOT UNLIKE THE QUESTION I ASKED PREVIOUSLY, BUT I WOULD

[04:10:04]

>> GORZELL: NO, THE MIXED-USE DEVELOPMENT WAS ALWAYS GOING TO BE HOSPITALITY AND HOUSING. WE KNOW THE FIRST TWO PHASES INCLUDE A HOTEL AND A NUMBER OF HOUSING UNITS. I DON'T HAVE MY NOTES IN FRONT OF ME TO TELL YOU WHAT THAT TOTAL IS, APPROXIMATELY. BUT I CAN CERTAINLY GET THAT

FOR YOU. >> MAYOR JONES: IT GETS TO THE POINT THAT MY COLLEAGUE, COUNCILMEMBER MUNGIA MADE, TO MAKE SURE WE'RE REFLECTIVE OF LOCAL FLAIR, IF YOU WILL. I WOULD ALSO LIKE CLARIFICATION IN THE TERM SHEET VERSUS ON THE SLIDE IT TALKS ABOUT A WAGE COMMITMENT.

IN THE TERM SHEET THOUGH IT SAYS THEM CURRENT. IF WE CHANGED OUR MINIMUM WAGE, THAT MIGHT NOT BE REFLECTED IN THE AGREEMENT. IF WE GO TO 21, FOR EXAMPLE, I WOULD TO MAKE SURE THAT WOULD ALSO FOLLOW IN THE AGREEMENT.

I DIDN'T WANT TO ASSUME, SO PLEASE CONFIRM THAT. >> GORZELL: YES.

I CAN CONFIRM THAT THAT IS SOMETHING WE AMENDED THE TERM SHEET TO INCLUDE THAT LANGUAGE SPECIFICALLY SO THAT AS OUR MINIMUM ENTRY WAGE WENT UP, THAT REQUIREMENT GOES UP AS WELL. AS WELL AS WHAT COUNCILWOMAN CASTILLO MENTIONED IN TERMS OF BAN THE BOX. THAT WAS NOT ON THE SLIDE BUT THAT IS SOMETHING WE

ADDED AS WELL. >> MAYOR JONES: GOT IT. IN LOOKING AT THE TERM SHEET --A DIFFERENT VERSION. THE ONLY FOLKS THAT RECEIVED HELP WITH MOVING EXPENSES WERE THOSE THAT WERE MOVING TO ANOTHER DEVELOPER-OWNED PROPERTY, CORRECT?

>> GORZELL: NO. IT WAS ANYBODY THAT WAS RELOCATING OUT OF PHASE 1.

SO THE ONES, FOR EXAMPLE, THAT RELOCATED TO PHASE 2 OR 3, DID NOT GET THE RELOCATION ASSISTANCE BUT THEY'LL GET IT WHEN THEY LEAVE.

>> MAYOR JONES: WE MIGHT BE USING DIFFERENT TERMS. RELOCATION ASSISTANCE VERSUS HELPING WITH MOVING EXPENSES. DID YOU DEFINE THOSE

DIFFERENTLY? >> GORZELL: I DON'T REMEMBER THE MOVING EXPENSES BEING SPLIT OUT IN THAT RELOCATION PLAN. IS VERONICA --

>> FROM SEPTEMBER 6, 2024 WHERE IT SAYS DEVELOPER WILL PAY FOR MOVING EXPENSES FOR ON SITE SOAP FACTORY APARTMENT RELOCATIONS AND/OR MOVES TO OTHER DEVELOPER-OWNED PROPERTIES. SO WELCOME THE CLARIFICATION BECAUSE I WOULD LIKE TO UNDERSTAND. I'M IMAGINING THE COST OF RENT AT SOAP FACTORY MUCH, MUCH DIFFERENT THAN THE RENT AT SOME OF THE OTHER DEVELOPER-OWNED PROPERTIES.

WHO TOOK ADVANTAGE OF THAT TO THE EXTENT IT WAS A REALISTIC BENEFIT.

I WOULD LIKE TO UNDERSTAND AS WELL, GET A COPY OF THE SCOPE OF WORK FOR THE FEASIBILITY STUDY. THANK YOU. DO WE HAVE A COST YET FOR THE INTERSECTION IMPROVEMENTS THAT YOU DESCRIBED THERE?

>> GORZELL: BALLPARK WAS AROUND 5 TO $6 MILLION. THE STREET WORK THERE, IT'S IN OUR ADOPT CAPITAL BUDGET. MY RECOLLECTION IS IT'S SOMEWHERE IN THAT RANGE.

>> MAYOR JONES: DO WE KNOW WHAT MAY HAVE BEEN BUMPED TO PROVIDE FOR THAT?

>> GORZELL: SO PRIOR TO -- AND I DON'T REMEMBER EXACTLY WHAT YEAR THIS HAPPENED IN, MAYOR. BUT INITIALLY MLB MADE SOME CHANGES IN TERMS OF REQUIREMENTS FOR MINOR LEAGUE STADIUMS IN TERMS OF WHAT NEEDED TO GET DONE.

THAT DROVE THE NEED TO CAN YOU IMPROVE NELSON WOLFF OR DO WE NEED TO RELOCATE SOMEWHERE ELSE. THAT LED TO THIS DOWNTOWN BALLPARK DESIGN AND PROJECT.

PRIOR TO THAT, THERE WERE SOME SCHEDULED IMPROVEMENTS THAT WERE GOING TO GET MADE TO NELSON WOLFF THAT WE DIDN'T DO, BECAUSE IT CHANGED AND THEY WEREN'T GOING TO SATISFY THE MLB REQUIREMENTS. WE REPURPOSED THOSE DOLLARS THAT HAD BEEN SET ASIDE FOR THAT, INTO THESE INTERSECTION IMPROVEMENTS.

THAT'S MY BEST RECOLLECTION. I WILL CONFIRM THAT. >> MAYOR JONES: THANKS.

[04:15:04]

>> GORZELL: I THINK THAT'S $200,000 CASH GOING INTO THAT FOUNDATION.

IS THAT CORRECT? >>

OF THE FOUNDATION TO SUPPORT THESE INITIATIVES. >> MAYOR JONES: IT'S NOT

200K WORTH OF IN-KIND STUFF. IT'S CASH MONEY? >> GORZELL: $200,000 CASH IN THE FOUNDATION THAT'S BEING DISBURSED TO GROUPS THAT SUPPORT CHILDREN AND

HOMELESS VETERANS' ISSUES. >> MAYOR JONES: THANKS. I DO WANT TO ECHO MY COLLEAGUES' SUPPORT FOR OUR COLLEAGUE, COUNCILMAN GALVAN, WHO HAS ALREADY DONE A GOOD JOB IN ENGAGING HIS COMMUNITY TO UNDERSTAND WHAT THEY WOULD LIKE TO SEE, IRRESPECTIVE OF WHAT COMMITTEE LOOKS AT IT, IT NEEDS TO BE GUIDED BY WHAT COUNCILMAN GALVAN AND HIS COMMUNITY INDICATES IS MOST IMPORTANT TO THEM.

I ALSO WANT TO FOOT STOMP THE POINT THAT COUNCILMAN MUNGIA MADE, WHICH IS IF WE'RE GOING TO HAVE THESE PUBLIC DISCUSSIONS ABOUT WHAT WE'RE DOING AND HOW WE'RE SPENDING PEOPLE'S MONEY AND THEIR RESOURCES, WE DON'T WANT TO -- WHAT'S THE TECHNICAL TERM? GASLIGHT PEOPLE. WE WANT TO BE TRUE TO WHAT A NORMAL PERSON WOULD EXPECT WHEN READING SOMETHING. I'M NOT SAYING THAT'S WHAT YOU WERE DOING BUT I THINK WHEN FOLKS WATCH THIS OR THEY SEE SOME SEGMENT ON KSAT OR WHAT HAVE YOU AND THEN THEY HEAR THAT, THEY'RE GOING TO CALL COUNCILMAN MUNGIA OR THEIR GOING TO CALL ANY OF THESE COUNCIL MEMBERS AND SAY WHAT ARE YOU TALKING ABOUT? THAT DIDN'T MAKE ANY SENSE. I WANT TO BE SENSITIVE TO HOW THIS IS EXPLAINED TO FOLKS MOVING FORWARD. THANK YOU.

LAST THING -- ACTUALLY, YOU SAID THERE WAS AN UPDATED COST ALREADY -- ALREADY AN

UPDATED COST ESTIMATE FOR -- WHAT WERE YOU TALKING ABOUT? >> GORZELL: YOU ARE TALKING ABOUT THE BALLPARK PROJECT PIECE? THEY'RE WORKING ON DESIGN, THEY'RE WORKING ON UPDATING COST ESTIMATES. SOME OF THE EARLY INDICATIONS LOOK LIKE IT MIGHT BE OUTSIDE OF THE ESTIMATE WE WERE TALKING ABOUT BEFORE BUT IT'S NOT FAR ENOUGH ALONG WHERE I COULD SHARE ANYTHING AT THIS POINT IN TIME. WE'LL CONTINUE TO WORK WITH THEM AND WHEN WE GET TO THAT

POINT, WE'LL PROVIDE THAT UPDATE TO YOU. >> MAYOR JONES: BECAUSE IF I UNDERSTAND -- YOU'RE GOING TO HAVE TO HELP US UNDERSTAND WHAT IS A COST OVERRUN VERSUS WHAT'S AN EXCEEDED OR A HIGHER THAN ANTICIPATED ESTIMATE.

BECAUSE IF I REMEMBER CORRECTLY, ANY COST OVERRUNS, IT SAYS TEAM IS RESPONSIBLE FOR CONSTRUCTION COST OVERRUNS BUT PER THE TERM SHEET, THAT'S ACTUALLY REIMBURSED FROM SURPLUS REVENUES. RIGHT?

>> GORZELL: NO. SO THE -- THERE'S TWO DIFFERENT THINGS THERE.

ONE IS IN THIS CASE, IN THIS TERM SHEET, THE TEAM IS RESPONSIBLE FOR COST OVERRUNS ONCE WE GET TO A GUARANTEED MAXIMUM PRICE. WE'RE NOT THERE YET.

THEY'VE GOT TO DO MORE DESIGN BEFORE WE GET TO THAT POINT.

AS THEY KIND OF GO THROUGH THEIR ESTIMATING DESIGN, LOOKING AT DIFFERENT OPTIONS AND SCENARIOS, WHEN WE GET TO THAT POINTS, WE'LL SHARE THAT.

ONCE WE SET THE GMP, IF THERE'S AN OVERAGE, THAT'S THEIRS.

THERE'S NO REIMBURSEMENT. I THINK THE REIMBURSEMENT YOU MAY BE REFERRING TO IS, IN SOME CASES, IF THE TAXABLE VALUE AND THE DEVELOPMENT OFF OF PHASES 1 AND 2 DON'T GENERATE THE PROPERTY TAX INCREMENT AND THE MUNICIPAL MANAGEMENT DISTRICT REVENUES. IN SOME CASES, IF THEY PAY, THEY CAN GET REIMBURSED BUT NOT IN ALL CASES. IT HAS TO BE SOMETHING OUTSIDE OF THEIR CONTROL.

IF IT'S WITHIN THEIR CONTROL, THEY HAVE TO EAT IT.

THEY DON'T GET REIMBURSED. THAT'S MORE ON THE GUARANTEED SIDE, NOT THE

PROJECT BUDGET SIDE. >> MAYOR JONES: OKAY. BUT DO HELP US UNDERSTAND WHAT IS A CHANGE IN ESTIMATE OF THE WORK VERSUS WHAT WOULD BE CONSIDERED A COST

OVERRUN. >> GORZELL: SURE. WE CAN DO THAT.

>> MAYOR JONES: JUST A COUPLE OF THINGS LEFT HERE. THE TEAM IS LEADING THE BOND

FEASIBILITY TEAM OR THE BASEBALL FEASIBILITY STUDY? >> GORZELL: THE TEAM IS GOING TO ENGAGE THE CONSULTANT. WE WILL BE HEAVILY INVOLVED AND IT WILL INCLUDE OUR INPUT. AGAIN, THAT CONSULTANT REPORT AND ANALYSIS IS GOING TO LOOK AT THE HOUSTON STREET TIRZ, WHICH WE HAVE THAT DATA. WE'LL BE WORKING CLOSELY WITH THAT CONSULTANT REVIEWING ALL THE DATA AND ASSUMPTIONS. WE WILL BE WORKING WITH THE TEAM TO INCLUDE CORPORATION OF THAT FEASIBILITY REPORT. I'M COMFORTABLE THAT WE ARE GOING TO BE HEAVILY INVOLVED AND IT WILL GET TO THE QUALITY THAT WE'RE LOOKING

[04:20:01]

FOR. >> MAYOR JONES: I WANT TO MAKE SURE I HEARD YOU CORRECTLY. YOU SAID THE LGC WILL APPROVE THE BOND?

>> GORZELL: THERE'S GOING TO BE A COUPLE OF THINGS. THE COUNCIL WILL HAVE TO TAKE ACTION, THE COUNTIES, AND ALSO THE LGC. THE LGC, ONE SCENARIO COULD BE THAT WE PUT TOGETHER A BOND OFFERING WHERE THE LOCAL GOVERNMENT CORPORATION IS THE ENTITY ISSUING THE BONDS. IT'S STILL SUPPORTED BY ALL THE AGREEMENTS AND ALL THE THINGS WE PUT IN PLACE. WE COULD, BASED ON FINANCIAL MARKET CONDITIONS, IF IT MAKES SENSE TO DO IT, WE COULD GO THROUGH A CONDUIT ISSUE. WE HAVE DONE THIS ON OTHER THINGS.

A CONDUIT ISSUER IS AN ENTITY THAT JUST ISSUES DEBT AND THERE MAY BE SOME VALUE TO JUST DOING THAT. IN THAT CASE THE LGC WILL CONTINUE TO ISSUING THROUGH THAT ENTITY. EITHER WAY, EVERYTHING THAT SUPPORTS THE REPAYMENT OF BONDS, THE PLEDGE OF, THE SECURITY FOR THE BONDS, EVERYTHING IS THE SAME AND IT WILL ALL BE BASED ON THE DEFINITIVE AGREEMENTS THAT YOU ALL CONSIDER AS THE

COUNCIL. >> MAYOR JONES: OKAY. I WANTED TO UNDERSTAND THAT IN TERMS OF WHO WOULD ISSUE THE BOND. ON YOUR PREVIOUS SLIDE THE

LGC HAS NO ASSETS. THAT IS BACKED UP BY -- >> GORZELL: ALL THE DOCUMENTS, AGREEMENTS, AND EVERYTHING PUT IN PLACE, YES.

>> MAYOR JONES: MAYBE BEN, FOR YOU OR FOR ANDY. THIS IS ACTUALLY ACROSS THE TWO TOPICS. ARE THERE ANY OUTSTANDING BILLS DUE TO THE CITY FROM

EITHER THE MISSIONS OR THE SPURS? >> GORZELL: SO NOTHING THAT I'M AWARE OF FROM THE MISSIONS. I DON'T THINK THERE'S

ANYTHING DUE FROM THE MISSIONS. >> WALSH: WE CAN DOUBLE

CHECK ON THE WOLF STADIUM AGREEMENT, MAYOR. >> MAYOR JONES: YOU SAID

NOTHING FROM THE SPURS? >> GORZELL: ON THE SPURS SIDE THERE IS A -- AND I'M NOT GOING TO BE COMPLETELY UP TO SPEED ON THIS PIECE OF IT, BUT ESSENTIALLY WHEN WE DID THE SOCCER STADIUM AGREEMENT, THERE WERE SOME REQUIREMENTS IN THAT AGREEMENT THAT THE SPURS WERE TO ACQUIRE AN MLS, MAJOR LEGAL SOCCER TEAM WITHIN A SPECIFIC TIME-FRAME. THAT DOES NOT OCCUR.

THEY WERE -- WHAT'S THE RIGHT WORD? I DON'T KNOW IF IT'S ADDITIONAL RENT OR ADDITIONAL PAYMENTS THAT WOULD BECOME DUE.

THAT PIECE IS UNRESOLVED AND SOMETHING WE NEED TO WORK THROUGH.

>> SEGOVIA: IT'S INCREMENTAL, MAYOR, FROM THE LEASE AGREEMENT FOR THE

STADIUM. >> MAYOR JONES: DO WE HAVE AN UNDERSTANDING OF WHAT THE

VALUE OF THAT IS? >> GORZELL: ABOUT $2 MILLION IS WHAT I

UNDERSTAND. >> MAYOR JONES: $2 MILLION.

>> GORZELL: I THINK THAT'S COMBINED TO THE PFC THAT OVERSEES THE STADIUM.

SO IT'S NOT REALLY TO US OR TO THE COUNTY, IT'S BACK TO THE PFC THAT ACQUIRED, THAT WE USED TO ACQUIRE THAT. SO IT WOULD BE A PAYMENT, NOT TO THE COUNTY OR COUNTY

BUT TO THE PFC. >> WALSH: WE COULD DO A ONE-PAGER FOR YOU ALL.

MAYOR, IT'S EITHER PFC OR LGC THAT WAS CREATED BY THE CITY AND COUNTY WHEN THEY JOINTLY PURCHASED THE SOCCER STADIUM IN ANTICIPATION OF AN MLS.

WHEN THE CITY AND THE COUNTY PURCHASED THE STADIUM BACK IN 2012 OR 2013, 2014.

AND SO IT'S EITHER PFC OR AN LGC THAT WAS CREATED. MUCH LIKE WE WERE TALKING ABOUT FOR THE BASEBALL. THE REAL PURPOSE OF THE -- THE LONG-TERM PURPOSE OF THE LGC IS TO OVERSEE A PUBLICLY-OWNED ASSET AND MAKE SURE THAT EVERYBODY IS MAINTAINING IT. SO WE HAVE THAT OUT THERE WITH THE COUNTY AND AT THE SOCCER FIELD IN D10. AND SO THE PAYMENTS OF LEASE OR REVENUE GO TO MAINTAINING OR IMPROVING THE FACILITY. THERE IS AN OUTSTANDING CREDIT BECAUSE, AS ANDY SAID, THERE WAS A TIME-FRAME BEYOND THE ORIGINAL LOSS OF THE -- OR WE DIDN'T GET THE MLS TEAM. IT WENT TO AUSTIN, IN FACT. THERE WAS AN OBLIGATION TO TRY TO SECURE -- THE SPURS WERE SUPPOSED TO SECURE ANOTHER MLS TEAM.

WHEN THAT DIDN'T HAPPEN, THERE WAS AN INCREMENTAL INCREASE IN THE RENT.

SO THAT IS AN OUTSTANDING ISSUE THAT WE NEED TO RESOLVE.

>> MAYOR JONES: $2 MILLION-ISH? I APPRECIATE A QUICK ONE-PAGER ON HOW WE'RE GOING TO RESOLVE THAT. OKAY.

[04:25:01]

NOW WE ARE GOING TO BE RESPONSIBLE AND ACCOUNTABLE TO PEOPLE TO MAKE SURE THESE INVESTMENTS REFLECT THE BEST ROI FOR OUR COMMUNITY. THANK YOU.

IT IS 5:42 AND THIS MEETING IS ADJOURNED.

* This transcript was compiled from uncorrected Closed Captioning.