[00:00:02]
[PFC Board of Directors]
TO THE MARCH 28TH, 2023, ONE NOON PM SHARP CITY OF DALLAS PUBLIC FACILITY CORPORATION BOARD OF DIRECTORS, REGULAR MEETING HERE AT DALLAS CITY HALL.I'D LIKE TO CALL THIS MEETING.
MY NAME IS, UH, KEITH AL, PRESENT OF THE DALLAS PUBLIC FACILITIES CORPORATION.
LIKE TO CALL THE MEETING TO ORDER AND MOVE TO ITEM NUMBER ONE.
ITEM NUMBER TWO, ROLL CALL WITH AARON.
WE JUST INDICATE WHETHER YOU'RE HERE AND I CALL YOUR NAME, UH, DIRECTOR SCOTT HOUSE.
VICE PRESIDENT KEN MONTGOMERY.
WE'LL NOW MOVE TO ITEM NUMBER THREE, PUBLIC TESTIMONY, AND THIS SECTION WILL, WILL RECEIVE PUBLIC COMMENTS ON ITEMS FOUR THROUGH TAKE CARE OF OUR MINUTES.
THAT'S, THAT'S IT AS ITEM NUMBER FOUR AND FIVE, PUBLIC COMMENTS OF ITEMS FOUR THROUGH SEVEN.
I HAVE A LIST OF SPEAKERS WHO ARE REGISTERED.
I WILL CALL YOUR NAME AND, UH, PLEASE COME FORWARD IF YOU'RE IN PERSON TO THE MICROPHONE UP HERE, UH, ON THE STAGE SO THAT THAT WAY THE PUBLIC CAN SEE YOU ON THE ZOOM, THE ZOOM CALL, AND IF YOU'RE ON THE ZOOM, WE'LL RECOGNIZE YOU.
THE FIRST SPEAKING WE HAVE IS WILLIAM ROTH.
WILLIAM ROTH IS, MR. ROTH IS HERE IN THE BUILDING.
CAN YOU MAKE SURE EVERYBODY KNOWS THEY GET THREE MINUTES? YOU GET, CAN YOU, YOU GET THREE MINUTES, SIR.
UH, MY NAME IS, UH, WILLIAM ROTH, 1150 FOREST CENTRAL DRIVE IN D.
I APPRECIATE YOUR ALLOWING US TO COME BACK BEFORE THIS BOARD TO DISCUSS THE SITUATION WITH MS. SUPREME.
UM, AS YOU, AS YOU REMEMBER, UH, MY PARTNERS AND I ARE PROPERTY DIRECTLY ADJACENT TO THIS, UH, PROPERTY AND, UH, WHICH CONTINUES A DE RESTRICTION THAT AFFECTS NOT ONLY OUR PROPERTY, BUT THE PROPERTY OF EIGHT OTHER ACRES, UH, EIGHT ACRES TOTAL.
UH, ARE PEOPLE IN THIS AUDIENCE THAT ARE THE OWNER OF THOSE OTHER PROPERTIES TO REPRESENT THOSE OTHER PROPERTIES, UH, THAT ARE AFFECTED BY THE SPEED RESTRICTION? WE STRONGLY OPPOSE THE, THE, UH, UH, ACTIVITY THAT'S GOING ON HERE, UH, IN THAT APPEAL.
THAT'S REALLY A TAKING, UH, OF THE DEED RESTRICTION FROM US, WHICH HAS BEEN IN PLACE TO REALLY CREATE A PLANNED, ORGANIZED DEVELOPMENT OF THAT COMMUNITY.
UH, WE ARE ALSO VERY MUCH CONCERNED ABOUT THE TRANSPARENCY AND THE, UH, UH, INFORMATION AND KNOWLEDGE OF HOW THIS WHOLE PROCESS OF CREATING THE LEASE BACK AND, UH, LOOKING AT THE ECONOMICS OF THIS BUSINESS DEAL BETWEEN THE DEVELOPERS AND THE CITY, UH, ARE BEING HANDLED, HOW IT'S BEING, UH, UH, DEVELOPED AND HOW IT'S, IT'S ACTUALLY COMES TO, TO TERMS. UH, WE DON'T UNDERSTAND, UH, HOW A PROJECT THAT'S A 50 MILLION PROJECT, UH, THAT WOULD TYPICALLY GENERATE A MILLION AND A HALF DOLLARS PER YEAR IN POTENTIAL TAX REVENUE IN THE CITY, UH, WOULD BE ALLOWED TO NOT, UH, BE, UH, ALLOWED TO, TO NOT BE CHARGED FOR 75 YEARS TAXES.
THAT SEEMS TO BE THAT THAT'S A HUNDRED MILLION DOLLARS THAT THE CITY IS GIVING A PRIVATE DEVELOPER FOR A PROJECT OF 200 APARTMENTS.
WE, WE DON'T UNDERSTAND THE ECONOMICS OF IT.
WE DON'T UNDERSTAND HOW THE, UH, UH, LEASE WAS MADE.
WE DON'T UNDERSTAND HOW THE, UH, THE, THE, THE, UH, DEVELOPMENT FEES OF THE PARTICIPATION OF THE CITY PFC AND THE DEVELOPER IS TAKEN INTO ACCOUNT.
AND WE FEEL LIKE THAT'S SOMETHING THAT SHOULD BE TRANSPARENT TO THE, TO THE PUBLIC AND TO THE PEOPLE THAT ARE IN THE NEIGHBORHOOD THAT ARE AFFECTED BY THIS, THIS, UH, POTENTIAL TAKING.
UH, THERE'S MAY, MARCH 18TH, THERE WAS A TREMENDOUS, UH,
[00:05:01]
COMMUNITY MEETING THAT HAD SIGNIFICANT OVERWHELMING NEIGHBORHOOD OPPOSITION TO THIS PROJECT.THIS IS THE FOURTH TIME THAT THIS DISTRICT HAS BEEN BEFORE THESE, THE, THE NEIGHBORHOOD THEY HAVE HISTORICALLY FOR THE PAST TWO AND A HALF YEARS EXPRESSED THEIR OPPOSITION AND CONCERN ABOUT THIS PROJECT.
SEEMS TO ME THAT THE, THE CITY NEEDS TO LISTEN TO THE WISHES OF THE NEIGHBORHOOD BUSINESS OWNERS AND RESIDENTS, AND TO, UH, ACKNOWLEDGE THAT THE TAKING OF PRIVATE PROPERTY RIGHTS IS NOT APPROPRIATE.
I, I'M ASSUMING MY, MY TIME IS JUST ABOUT A, SO THANK YOU FOR, THANK YOU FOR ALLOWING ME TO PRESENT TO YOU ALL.
THANK YOU MR. ROTH FOR CHAIR'S CLARIFICATION.
AARON, ARE YOU, ARE YOU, UH, TRACKING THE THREE MINUTES? YEAH, I'LL BE, I AM TOO.
SPEAKER NUMBER TWO, PHILLIP GOS.
HELLO, BOARD OF DIRECTOR CITY, STAFF, RESIDENTS, AND OTHERS IN ATTENDANCE.
MY NAME IS PHILIP GOS AND I'M A LAKE ISLANDS AND D 10 RESIDENT.
TODAY I'M SPEAKING IN VIGOROUS, ENTHUSIASTIC, AND OVERWHELMING SUPPORT OF CYPRUS WATERS AT FOREST LANE, DALLAS IS IN THE MIDST OF A HOUSING AND AFFORDABILITY CRISIS.
CYPRESS CREEK WOULD PROVIDE DEEPLY AFFORDABLE UNITS AND A HIGH OPPORTUNITY PART OF THE CITY THAT WOULD BEGIN TO ADDRESS THAT CRISIS.
THESE APARTMENTS WOULD BE WITHIN WALKING DISTANCE OF A DART STATION IN CLOSE PROXIMITY TO GOOD JOBS AND OTHER AMENITIES, WHICH WOULD BE A HUGE WIN FOR THE CITY, AND A FANTASTIC WAY TO BRING BADLY NEEDED AFFORDABLE HOUSING TO NORTH DALLAS.
DALLAS'S FORT WORTH REGION IS GROWING TO THE TUNE OF 700,000 PEOPLE A YEAR, BUT THE CITY IS MISSING OUT ON THIS GROWTH BECAUSE WE REFUSE TO BUILD HOUSING LIKE THIS.
IT'S IMPORTANT TO REMEMBER THAT THE DALLAS CITY COUNCIL HAS ALREADY VOTED TO APPROVE THIS PROJECT BY 13 TO TWO.
WITHOUT YOUR APPROVAL, NO HOUSING WILL BE POSSIBLE AT THIS LOCATION WITHOUT THESE AFFORDABLE UNITS, DALLAS WILL CONTINUE TO PRICE OUT WORKING CLASS RESIDENTS, EXACERBATE THE HOMELESS EPIDEMIC, AND LOWER EVERYONE'S QUALITY OF LIFE.
PLEASE SHARE, HAVE THE COURAGE TO DO, PARDON ME? PLEASE HAVE THE COURAGE TO DO WHAT IS RIGHT AND APPROVE CYPRESS CREEK TO USE THE WORDS OF OUR COUNCIL MEMBER.
GIVE US MORE NEIGHBORS TO LOVE.
THANK YOU ALL FOR YOUR TIME, PLEASE.
UH, MR. GOSS, AND JUST UPON CLARIFICATION, CAN YOU CONFIRM YOUR, UH, STREET ADDRESS, PLEASE? MY STREET ADDRESS IS 7 0 71 MISSED FLOWER LANE.
WE'LL MOVE ON TO SPEAKER NUMBER THREE, UH, LAB.
IF, IF YOU COULD PLEASE, UH, STATE YOUR NAME, WHEN YOU ARRIVE AND YOUR ADDRESS.
UM, MY NAME IS SUE BARBIE, UH, 83 19 FLOYD LAKE DRIVE.
UM, IT'S MY FIRST OPPOSITION TO THIS PROJECT ALONG THE LINES OF MR. MR. ROTH, UH, WITH THE BANKING OF THE CITIES AND THE MAIN POWER, THE PFC, UM, I GUESS IN THE NEIGHBORHOOD.
I LOOK NEXT TO THE DAR STATION.
WE, WE ARE LOOKING FOR ECONOMIC DEVELOPMENT, COMMERCIAL REAL ESTATE DEVELOPMENT, AND, UM, IN MY EYES, WHEN THE CITY GETS INVOLVED AND TAKES PROPERTY AWAY OR FAVORS ONE DEVELOPER OVER ANOTHER, AND THAT, THAT DISCOURAGES THIS COMMERCIAL, UH, DEVELOPMENT IN THE AREA.
UM, AND IT'S, UH, HANDED OUT THE, UM, SOME PAPERS TODAY.
UH, THE FIRST ONE, UH, ON TOP IS A LETTER FROM STATE RAMOS, UH, EXPRESSING HER ACCUSATION, UH, TO THE PRO PROJECT.
I APOLOGIZE FOR AN INTERRUPTION.
CAN WE SILENCE THE OTHERS ONLINE PLEASE? UM, PLEASE CONTINUE.
UH, I MEAN, THERE'S, THERE'S MORE TO IT THAN AFFORDABLE HOUSING.
UH, THERE'S THE ISSUE OF THE HISTORY OF THE TWO NEIGHBORHOODS, UM, AND, UH, IT'S BEEN HISTORICALLY, UH, BLACK AREA, UM, AND NOW, YOU KNOW, KIND OF PUTTING MORE AFFORDABLE HOUSING, LIKE TECH ELEMENTS IN THE AREA, AND IT'S, IT'S A DIFFICULT ISSUE.
IT'S NOT CUT AND DRY AS SOME PEOPLE IN FAVOR WERE.
AFFORDABLE HOUSING, UM, MAY PRESENT IT.
UH, THE LAST ISSUE ISSUE, LIKE TO TALK ABOUT IS THE SALES AND PROPERTY TAXES EXEMPTION.
[00:10:01]
THERE'S A LOT OF PLANNED PROJECTS GOING INTO THE AREA.UH, I THINK THAT'S THIS ON THE SECOND PAGE, UH, HANDED OUT.
UM, AND IT'S ALL AROUND HAMILTON PARK.
I MEAN, THERE'S, UH, HOMELESS, UH, LONG-TERM HOUSING, SECTION EIGHT HOUSING.
IT'S ALL AROUND THIS HISTORICALLY BLACK NEIGHBORHOOD.
UM, AND IF YOU KNOW, THE, THE, UH, FC AND THE CITY OF DALLAS CHOOSE TO GO FORWARD AND THERE NEEDS TO BE HELP FROM LIKE THE POLICE DEPARTMENT CODE COMPLIANCE, UH, PUBLIC SCHOOLS, AND UH, UH, HAVING THE STATUTE EXEMPTION DOES NOT HELP WITH THAT AT ALL.
UM, BECAUSE THERE, LIKE WE SEEM LIKE HOW GREAT, UH, THE CITY HAS BEEN AND IT'S CODE COMPLIANCE AND ADDING POLICE OFFICERS, IT, IT'S NOT PERFECT, BUT WE SEE, WE HAVE SEEN LIKE THE HELP IT HAS DONE AND THAT IS LED BY OUR COUNCIL MEMBER.
SO, UM, GIVE THAT FOR YOUR CONSIDERATION.
SPEAKER NUMBER FOUR, EXXEL, COLORADO.
IF YOU COULD PLEASE, UH, STATE YOUR ADDRESS PLEASE FROM YOUR NAME.
I LIVE AT 1 24 NORTH GARRETT AVENUE.
I'M RESIDENT OF THE CITY OF, I'M SORRY.
UM, ACTUALLY I'M HAVING TECHNICAL ISSUES.
I AM TRYING VERY HARD TO TURN MY CAMERA ON, BUT THE WEBEX IS GIVING ME ISSUES.
IS IT POSSIBLE TO SKIP ME WHILE I FIX THIS CAMERA ISSUE? YEAH, WE CAN COME BACK.
WE, WE'LL COME BACK TO YOU MR. COLORADO.
MOVING TO SPEAKER NUMBER FIVE, SERRANO KEITH BALD.
SECOND CALLING MR. SERRANO, KEITH BALD.
MOVING TO SPEAKER NUMBER SIX, LORENA VAUGHN.
MS. VAUGHN, IF YOU COULD PLEASE, UH, STATE YOUR NAME AND YOUR ADDRESS.
I WORK EARLY LIVE AT 92 59, MARK ANN DRIVE.
UM, I'VE LIVED IN THE NEIGHBORHOOD FOR 26 YEARS.
THIS IS MY SECOND TIME COMING TO Y'ALL.
I CAME THE PREVIOUS TIME AND I DID GO TO THE NEIGHBORHOOD MEETING.
NOTHING'S CHANGED, NOTHING'S CHANGING MY OPINION.
I STILL HAVE TROUBLE WITH THIS PROJECT.
UM, MY CONCERN STILL IS THAT IT'S BEING BUILT INTO 10.
UM, AS RUTH AND MR. ROKA HAVE SAID, WE HAVE ISSUES IN THE NEIGHBORHOOD THAT AREN'T BEING FIXED AND OUR CONCERNS ARE THE HOMELESSNESS, THE SAFETY ISSUES, THINGS THAT JUST, YOU'RE JUST GONNA ADD TO THE SITUATION.
HAVING THIS BEING BUILT, I KNOW THAT Y'ALL KEEP CALLING IT WORKFORCE HOUSING, BUT IN, IN REALITY IT'S CALLED, IT'S LOW INCOME HOUSING IN WHATEVER SENSE YOU WANT TO SAY.
AND THEY'RE TRYING TO BUILD ANOTHER ONE NEAR THE NEAR WE RELIVE TOO.
AND SO MY CONCERN IS TRY TO FIX WHAT YOU CAN AT THE SITUATION THAT WE'RE IN.
WE AS CITIZENS AND IN THE NEIGHBORHOOD, WE'RE CONCERNED OF OUR OWN ISSUES.
I DON'T GO TO THAT DART STATION, I GO TO LBJ CENTRAL CUZ THERE'S NO SECURITY.
IF YOU WANNA BUILD THIS AND YOU WANT FAMILIES TO LIVE THERE, HAVE Y'ALL INFORMED R S D ABOUT ALL OF THESE CHILDREN THAT ARE, BEGIN BE GOING INTO THEIR SCHOOL SYSTEM.
AND THEN ALSO YOU WANT THEM WALKING FROM THAT APARTMENT COMPLEX ACROSS THE STREET FROM AN, UM, FROM A HIGHWAY PASSING AND WALKING TO DARLING IN THAT WHOLE AREA.
PLEASE CONSIDER OUR, OUR SITUATION.
SPEAKER NUMBER SEVEN, DISTRICT CHAIN COUNCILMAN ADAM MCGOO.
I WANT TO THANK, UM, EVERYBODY ON THE BOARD, UM, FOR YOUR TIME AND ATTENTION TO THIS MATTER.
UM, IF IT WEREN'T FOR THIS BOARD, UM, I DON'T THINK WE WOULD'VE BEEN ABLE TO EVEN HAVE, UH, ANY COMMUNICATE COMMUNITY ENGAGEMENT ON THIS.
AND I'M THANKFUL THAT WE, WE HAVE, UM, I WAS NOT ABLE TO BE AT THE MEETING.
I'VE BEEN DEALING WITH THE DEATH IN THE FAMILY.
UM, BUT, AND I, I HEARD VARIOUS DIFFERENT THINGS ABOUT THAT MEETING, BUT SOME OF THE AFTERMATH WERE, I HOPE, I HOPE Y'ALL RECEIVED MY EMAIL THAT I SENT AS WELL, IS THAT THERE WAS SOME GOOD DISCUSSIONS,
[00:15:01]
THERE WAS THOUGHT ABOUTS, UM, POTENTIALLY LOOKING AT, UH, FORMING A PI.THERE'S TALKS OF CREATING AN AREA PLAN THAT COULD BE, UM, HELPFUL FOR THIS AREA.
CERTAINLY YOU'VE HEARD SOME OF THE, THE REQUESTS FOR THIS TYPE OF PLANNING ALREADY.
UM, REQUESTS AROUND INCREASE FOR PUBLIC SAFETY AROUND CAMERAS, LIGHTS AND TECHNOLOGY AND, AND POTENTIAL PATROLS, ALL OF THINGS WHICH A GOOD DEVELOPMENT PARTNER COULD HELP, UM, TO HELP WORK ON TOGETHER.
UM, THAT'S ONE OF THE THINGS THAT I KNOW THIS COMMUNITY HAS ASKED FOR FROM THE BEGINNING IS JUST TO HAVE A GOOD PARTNER.
AND, AND THAT HAS NOT BEEN THE CASE, UM, AS, AS DISCUSSIONS CAME UP ABOUT COTTONWOOD TRAIL OR EVEN THE NEED FOR TAX ABATEMENTS TO, TO BEGIN WITH, THE, THE RESPONSE THEY GOT IN THE COMMUNITY ENGAGEMENT HAS BEEN ABSOLUTELY NO.
THE DEVELOPER THINKS THAT THEY CAN PUSH THIS THROUGH, UM, WITHOUT ANY, UM, ANY CONCILIATION OR WORKING WITH THE COMMUNITY.
AND SO THEY'RE NOT, THEY HADN'T BEEN WILLING TO DO SO.
I HOPE WE HEAR DIFFERENTLY, UM, TODAY, AND I HOPE THAT THERE'S A CONTIN, SOME TYPE OF PROCESS WHERE THAT CAN BE, THAT CAN BE EARNED.
UM, I WILL TELL YOU, THIS IS NOT A, AT LEAST FROM WHAT I CAN TELL, NOT WHAT THE PFC WAS DESIGNED TO DO AS IT RELATES TO GETTING INVOLVED IN REMOVING DEED RESTRICTIONS AND PRIVATE PROPERTY RIGHTS.
UM, YOU, YOU HAVE A CASE HERE WHERE THIS IS COMING TO YOU NOT BECAUSE OF FINANCIAL NEED, BUT BECAUSE OF, UM, DEED RESTRICTIONS AND TRYING TO GET AROUND THOSE.
UM, THIS IS AN AREA ALREADY, IF YOU'VE HEARD THAT IS, UM, NOT JUST VERY DIVERSE, BUT IN A HISTORIC BLACK NEIGHBORHOOD AND NEAR AREAS THAT ARE, UM, THAT HAVE A LOT OF AFFORDABLE HOUSING ALREADY.
UM, THIS, WE KNOW THIS DEED RESTRICTION IS GOING TO GO STRAIGHT INTO LITIGATION, AND I THINK, UM, THIS BOARD SHOULD CONSIDER THAT IN ITS DISCUSSIONS.
UM, AS IN CONTRARY TO WHAT WAS TOLD AT THE LAST MEETING BY THE APPLICANT, UM, THE STATE REPRESENTATIVE HONOR MARIA RAMOS IS NOT SUPPORTIVE OF THIS PROJECT.
UM, THERE'S JUST A NUMBER OF ISSUES AND I BELIEVE ALSO OUR STATE LEGISLATOR IS WATCHING THIS CASE PARTICULARLY, UM, TO LOOK AT WHAT THEY DID IN THE LEGISLATION AND WHAT THEY MAY DO, UM, TO, TO END THIS PROCESS.
AND SO, UM, LOOK, I WANT THERE TO BE MORE AFFORDABLE HOUSING IN DALLAS.
WE'RE WORKING ON TWO DIFFERENT PROJECTS RIGHT NOW WHERE WE HAVE DEVELOPERS THAT ARE, THAT ARE MEETING WITH COMMUNITY ALREADY, UM, LOOKING AT VANTAGE POINT, UH, A PARTICULAR PROJECT AND, UM, ANOTHER PROJECT THAT'S STTS AND FOREST AND YOU'RE HAVING DIALOGUE AND INTERACTIONS AND WAYS TO MAKE PROJECTS BETTER, THAT'S ALREADY HAPPENING.
AND SO I'M THANKFUL FOR THOSE STEPS AND BELIEVE THAT WE COULD, WE, WE SHOULD HAVE AND COULD DO BETTER ON THIS PROJECT.
WITH THAT BEING SAID, I BELIEVE AT THIS POINT THIS PROJECT SHOULD BE REJECTED, UM, BY THE PFC.
UH, MOVING ON TO SPEAKER NUMBER EIGHT.
IT DOESN'T SEE WELL, SO HE WANTS TO GIVE HIS TIME TO ME.
I YIELD TO HER AND THEN I, I HAVE MY OWN TUCKED OUT.
SHE WANTS TO SPEAK WITH HER TIME.
HELLO, MY NAME IS DEREK SHERMAN.
I LIVE AT 62 19 CHURCHILL WAY AND I YIELD MY TIME TO SUSAN SHERMAN.
UM, I'M SUSAN SHERMAN AND I LIVE AT THE SAME ADDRESS.
UM, GARRETT EARNED A BBA IN REAL ESTATE FROM THE COX SCHOOL OF BUSINESS S SMU.
HE EARNED A CERTIFICATE OF REAL ESTATE AND MORTGAGE BANKING CERTIFICATE FROM S SMU IS A LICENSED TEXAS REAL ESTATE BROKER.
HE HAS TRANSACTED THOUSANDS OF APARTMENT UNITS AND BILLIONS OF SQUARE FEET OF COMMERCIAL BUILDINGS.
HE IS CONSIDERED A REAL ESTATE EXPERT, AND I ATTENDED THE PUBLIC MEETING, UM, AT FOUR SCREEN LIBRARY.
IT WAS THE MOST PRETENTIOUS AND TENSE PUBLIC MEETING THE TWO OF US HAVE EVER ATTENDED.
AT ONE POINT, THE HOUSING DIRECTOR WARNED US ALL THAT IT'S A MISDEMEANOR TO DISRUPT A PUBLIC MEETING.
TWO UNIFORMED POLICE OFFICERS WERE PRESENT.
OBVIOUSLY, THE OPPOSITION TO THIS PROJECT WAS OVERWHELMING BECAUSE OF THE OPPOSITION.
IT IS CLEAR TO ALL THAT THE BOARD MUST CANCEL OR TABLE THIS MATTER.
THE MEMBERS OF THE BOARD HAVE A JUDICIARY DUTY TO THE NEIGHBORHOOD, THE PROPERTY OWNERS, AND THE CITIZENS OF THE CITY.
THIS MEANS THAT YOU MUST SUBORDINATE YOUR INTEREST AND YOUR PERSONAL POLITICS TO THE EXPRESS WISHES OF THE NEIGHBORHOOD.
AGAIN, PLEASE STOP THIS MATTER AND TO NOT GO FORWARD WITH THE CITY COUNCIL.
WE APPEAR TO YOU TODAY, UM, TO DISCUSS THE TAX ABATEMENT FOR THE PROPERTY LOCATED AT 11 5 20 NORTH CENTRAL EXPRESSWAY.
[00:20:01]
THIS PROPERTY IS FULLY DESCRIBED AS 2.5 ACRES, ONE OF NUMBER ONE.THE SITE IS INCAPABLE WITH OR INCOMPATIBLE WITH APARTMENT USES BECAUSE OF ITS LOCATION ALONG EXPRESSWAY WITH HUNDREDS OF THOUSANDS OF VEHICLES PASS EVERY DAY.
14 LANES OF TRAFFIC ARE SITUATED DIRECTLY IN FRONT OF THE PROPERTY.
AN EXIT RAMP IS ALSO LOCATED IN FRONT OF THE PROPERTY AND HAS VEHICLES DECELERATING FROM HIGH FREE WAY SPEEDS APPROACHING 80 MILES AN HOUR.
THERE ARE NO SIDEWALKS AND ALL NEIGHBORING USES ARE COMMERCIAL.
IT WOULD ONLY BE A MATTER OF TIME BEFORE A CHILD WOULD FIND HIM OR HERSELF IN THE ROADWAY GETTING RUN OVER OR KILLED.
NUMBER TWO, THE PROPERTY HAS DULY RECORDED DEED RESTRICTIONS THAT ALLOW ONLY RETAIL OFFICE AND HOTEL USES.
THE CITY OF DALLAS PROPOSES TO PURCHASE THE PROPERTY FOR THE SOLE PURPOSE OF CIRCUMVENTING THESE DEED RESTRICTIONS.
THE CITY WOULD THEN LEASE THE PROPERTY TO AN APARTMENT OPERATOR FOR 75 YEARS.
NUMBER THREE, THE PROPERTY LOCATED IN NORTH DALLAS, WHICH CURRENTLY CONTAINS MORE LOW INCOME APARTMENTS AND REGULAR APARTMENTS THAN ANY OTHER AREA IN THE CITY OF DALLAS.
THE CITY OF DALLAS HAS MORE APARTMENTS THAN ANY OTHER CITY IN THE NORTH TEXAS REGION.
THE DALLAS FORT WORTH METROPLEX HAS MORE APARTMENTS THAN ANY OTHER METROPOLITAN AREA IN THE UNITED STATES AND IS AMONG THE HIGHEST IN THE WORLD.
CONTRARY TO WHAT THE CITY STAFF WOULD HAVE, YOU BELIEVE THERE IS NO HOUSING CRISIS WITH THE CITY OF DALLAS.
NUMBER FOUR, MOST IMPORTANT OF ALL THE NEIGHBORHOODS AND NEIGHBOR ARE STRONGLY OPPOSED TO THE DEVELOPMENT OF APARTMENTS OF THE SUBJECT PROPERTY.
COUNCILMAN ADAM MCGOO JUST SAID HE STRONGLY SUPPORTS THE NEIGHBORHOOD SURROUNDING THE PROPERTY AND THEREFORE OPPOSES THE APARTMENTS FOR THE SUBJECT PROPERTY.
NUMBER FIVE, THE NEIGHBORING PROPERTY OWNER, WILLIAM ROTH, HAS ALREADY SPOKEN.
HE IS A DALLAS LAWYER, OWNS THE ADJACENT PROPERTY AND CONTAINS AN OFF OFFICE BUILDING.
HE WILL BE SIGNIFICANTLY DAMAGED IF APARTMENTS ARE BUILT BECAUSE HE WILL LOSE THE DESIRABILITY OF THE PROPERTY AND TENANTS THAT HE NOW HAS.
THE OTHER ADJACENT PROPERTY OWNERS, INCLUDING UN DEPOT, MAY BE DAMAGED AND COULD FACE THE PROJECT OF THE STORE.
THE APPLICANT FOR THE ISSUANCE OF THE CITY TAX ABATEMENT DOES NOT HAVE STANDING BECAUSE HE DOES NOT CONTAIN OR CONTROL THE PROP PROPERTY OR HAVE THE PROPERTY UNDER CONTRACT.
THE OWNER OF THE PROPERTY IS NOT THE APPLICANT.
NOTE TO DENY ANY TAX ABATEMENTS THAT THE MEMBERS OF THE DALLAS PUBLIC FACILITIES CORPORATION DO NOT HAVE A MAJORITY TO DENY THE ABATEMENT THEN PLEASE AT THIS TIME, TABLE THE MATTER AND GRANT A HUNDRED AND DAY, 180 DAY POSTPONEMENT AS A VOTE.
PLEASE DO NOT EMBARRASS THE DALLAS CITY CO COUNCIL OR SUBJECT COUNCIL MEMBERS.
TORY UH, CITIZENS, THANK YOU VERY MUCH.
THANK YOU VERY MUCH FOR, TO SPEAKERS EIGHT AND NINE, WE'LL NOW MOVE TO SPEAKER NUMBER 10.
JEFF SCHUL SEEING, I DON'T, WE DON'T SEE HIM HERE OR ONLINE.
MOVING TO SPEAKER NUMBER 11 OR A LARGE HELLO.
CAN YOU GUYS GET MY VIDEO? DO YOU SEE IT? NO, WE CANNOT.
MY NAME IS CARRI LARGE AND I LIVE AT 88 11 LAAL LANE AND I LIVE IN THE NEIGHBORHOOD JUST EAST OF THE PLAN LOCATION FOR CYPRESS CREEK.
EVERY YEAR I HAVE WATCHED OUR COMMUNITY BECOME INCREASINGLY UNSAFE AND I FEEL NOW THAT WE ARE IN A CRISIS.
ADDING ANOTHER AFFORDABLE HOUSING DEVELOPMENT WILL CREATE A POCKET OF POVERTY IN AN ALREADY STRUGGLING COMMUNITY.
WE CURRENTLY HAVE AFFORDABLE HOUSING IN OUR COMMUNITY FOREST MANNER IN ST.
THE AREA SURROUNDING IS ROUGH AND IMPOVERISHED.
WE HAVE AN EXTREMELY HIGH CONCENTRATION OF HOMELESS ENCAMPMENTS.
TWO DANGEROUS EXTENDED EXEL EXTENDED STAY HOTELS, UH, A CRIME-RIDDEN DART RAIL STATION, AND NOW AN ABANDONED COTTONWOOD TRAIL AND MANY OTHER DANGEROUS RETAIL LOCATIONS.
THIS WILL ALSO BE A STRAIN IN OUR PUBLIC RESOURCES.
THE COMMUNITY SCHOOLS DOTS ROLLED AT AN I'M AT STOTTS ROAD ELEMENTARY IS ONE OF THE MOST UN UNDERPERFORMING RSD SCHOOLS AND HAS LIMITED RESOURCES, INSUFFICIENT FACILITIES, AND SITS IN MY NEIGHBORHOOD WHERE THE PARENTS DO NOT SEND THEIR CHILDREN BECAUSE OF THE SCHOOL'S LOW PERFORMANCE.
[00:25:01]
PARENTS IN MY NEIGHBORHOOD OPT OUT FOR PRIVATE EDUCATION AND DISTRICT TRANSFERS.WHY SHOULD THIS SCHOOL BE CHALLENGED WITH MORE OBSTACLES? THE CHILDREN THAT ATTEND THE SCHOOL DESERVE MORE FROM OUR COMMUNITY AND NOT TO BE PUSHED ASIDE BECAUSE IT'S EASIER TO ADD ON TO AN EXISTING PROBLEM.
THIS DEVELOPMENT WILL EXASPERATE THE PROBLEMS THIS COMMUNITY ALREADY FACES.
THANK YOU MS. LARGE SPEAKER NUMBER SE SPEAKER NUMBER 12.
NOT SEEING CAROL SCOTT IN THE ROOM OR LINE.
MOVING ON TO SPEAKER NUMBER 13, ADAM LAMONT.
HELLO, CAN YOU HEAR ME? YES, SIR.
PLEASE, UH, STATE YOUR NAME AND ADDRESS.
I LIVE AT 94 3 2 AMBERTON PARKWAY, UH, DALLAS, TEXAS.
UM, AND I'M A DISTRICT 10 RESIDENT.
UH, I'M IN SUPPORT OF THIS PROJECT.
UM, I'VE, UM, YOU KNOW, SEEN IT, UM, AND FOLLOWED IT THROUGHOUT MULTIPLE ITERATIONS.
UM, YOU KNOW, AND THE LONG PROCESS THAT IS TAKEN TO GET THIS POINT.
AND I'M HOPEFUL THAT WE CAN FINALLY APPROVE, UM, AFFORDABLE HOUSING AT THIS LOCATION.
UM, JUST A COUPLE BRIEF NOTES.
I MEAN, YOU KNOW, YES, IT IS NOT IDEAL THAT IT IS SITUATED NEXT TO A HIGHWAY.
UM, UNFORTUNATELY, YOU KNOW, THE WAY THAT OUR ZONING WORKS AND THE WAY THAT NEIGHBORHOOD PROTECT THE, YOU KNOW, PROTECT THEMSELVES AND BAR ANY SORT OF APARTMENTS, UH, ESPECIALLY IN NORTH DALLAS FROM BEING IN NEIGHBORHOODS.
THERE'S NOT ANOTHER LOCATION FOR THIS.
SORRY, CAN YOU STILL HEAR ME? YES, SIR.
UM, AND SO YEAH, WE CANNOT, YOU KNOW, LET PERFECT BE THE ENEMY OF GOOD IN THAT WAY.
UM, I'LL ALSO JUST NOTE, YOU KNOW, IN TERMS OF TAXATION THAT THROUGH THE PFC, CAN YOU HOLD ON ONE SECOND, ADAM, YOUR CAMERA IS ISN'T WORKING.
I'M A TEACHER HERE, SO I HAVE TO, UM, GET A TEACHER TO COVER ME.
SO, UM, SO YEAH, UM, THE OTHER THING THAT I'LL NOTE IS THAT YEAH, THE PFC DEAL, UM, YOU KNOW, ENDS UP WITH THE CITY GETTING, YOU KNOW, PORTIONS OF REVENUE, UM, FROM THIS PROJECT.
AND LITECH, UM, PROPERTIES ALSO ARE WORTH LESS IN TAXABLE VALUE BECAUSE THEY HAVE SO MUCH, UM, YOU KNOW, BECAUSE THEY'RE NOT PURELY MARKET RATE.
AND SO, UM, WE SHOULD ALSO TAKE THAT INTO CONSIDERATION THAT THE LOSS OF TAX REVENUE IS MUCH LESS.
UM, JUST FINALLY FROM A PERSONAL PERSPECTIVE, YOU KNOW, I AM A TEACHER.
I'M A LOT OF MY STUDENTS, UM, I TEACH IN D I S D, THEY GO TO, UH, THEY LIVE IN A LITECH, UM, APARTMENTS.
AND THOSE ARE THE KIDS WHO HAVE STABLE HOMES.
UM, THEY'RE ABLE, THEIR BROTHERS, THEIR SISTERS HAVE GONE BEFORE.
UM, THEIR FAMILIES ARE ABLE TO BE ESTABLISHED IN THEIR NEIGHBORHOOD.
UM, WITHOUT THAT AFFORDABLE HOUSING WITH MARKET RATE, IT IS MUCH HARDER FOR A FAMILY IN DALLAS TO MAINTAIN THOSE ROOTS.
SO, WHEREAS NORMALLY YOU MIGHT THINK OF, YOU KNOW, LOW INCOME HOUSING AS CREEK DESTABILIZING IN THE NEIGHBORHOOD, FROM MY PERSPECTIVE AS A TEACHER, IT ACTUALLY STABILIZES ONE AND CREATES MORE STABILITY.
UM, SO I HOPE THAT YOU APPROVED THIS PROPERTY, UM, CUZ STRONG SCHOOLS AND STRONG COMMUNITIES CAN COME FROM FORT HOUSING.
MIGHT STILL BE SPEAKING PLUS YOUR AUDIO THERE FOR A SECOND.
OH, WE WERE, THANK YOU VERY MUCH.
UH, SPEAKER NUMBER 14 SWEET HANSEN.
PLEASE, UH, STATE YOUR NAME AND YOUR ADDRESS.
I LIVE AT 99 25 LAKE DALE DRIVE, AND I'M HERE TO DISCUSS ITEM NUMBER SEVEN ON THE AGENDA.
UM, I'M THE FOUNDER OF SMART LIVING RESIDENTIAL, A MULTI-FAMILY HOUSING DEVELOPMENT COMPANY WHOSE MISSION IS TO DEVELOP HIGH QUALITY, WELL DESIGNED MIXED INCOME HOUSING AT AFFORDABLE PRICE POINTS.
IN SHARP CONTRAST, THE MOST PROSPECTIVE PSE PROGRAM APPLICANTS LOCALLY AND STATEWIDE.
MY PARTNERS AND I ARE LONG-TERM INVESTORS WHO HAVE DEVELOPED, MANAGED AND CONTINUOUSLY OWNED SEVERAL THOUSAND ATTAINABLE MULTI-FAMILY UNITS FOR CLOSE TO 60 YEARS FOR US, A 75 YEAR INVESTMENT PRIZE AND IS NOT THEORETICAL AS IT IS FOR MOST PFC APPLICANTS.
WE BELIEVE THE PROGRAM HAS MERIT AND GREAT POTENTIAL.
HOWEVER, WE RESPECTFULLY REQUEST THAT THE FC STRUCTURE, INCLUDING AN OPTION FOR THE SPONSOR TO TERMINATE THE LEASE.
SPECIFICALLY THIS IS DRIVEN BY THE NEED TO ONE, DEMONSTRATE SOME RESIDUAL VALUE AND ABILITY FOR SPONSOR TO CONTROL THE PROPERTY BEYOND 75 YEARS TO ENSURE IT CAN CONTINUALLY BE FINANCED OVER A LONG TERM HORIZON.
AND TWO, PRESERVE THE INCENTIVE TO MAINTAIN THE PROPERTY AND NOT ALLOW IT TO FALL INTO DISREPAIR,
[00:30:01]
THEREBY BECOMING A LIABILITY RATHER THAN AN ASSET TO THE COMMUNITY.WE'RE CURRENTLY WORKING ON BRINGING 153 UNIT PROJECT TO MARKET IN SOUTHERN DALLAS WITHIN THE CEDAR NEIGHBORHOOD OF MAYOR PRO 10 ARNOLD'S DISTRICT FOUR.
WE HAVE SOUGHT AFTER AND RECEIVED BROAD AND DEEP COMMUNITY SUPPORT FOR THE PROJECT AND LEARNED ALONG THE WAY THAT BOTH SOUTHERN DALLAS AND CEDAR CREST SPECIFICALLY WENT LONG-TERM STAKEHOLDERS INVESTING IN THEIR NEIGHBORHOOD.
HOWEVER, WE BELIEVE THE PFC PROGRAM IS CURRENTLY STRUCTURED, UNINTENTIONALLY DISCOURAGES THE KIND OF LONG-TERM THINKING AND INVESTMENT ORIENTATION THAT WE KNOW THE NEIGHBORHOOD DESIRES FOR TWO REASONS.
FIRST, THE TERM OF THE LEASE IS RELATIVELY SHORT WHEN COMPARED TO THE TYPICAL EASILY FINANCABLE GROUND LEASE STRUCTURE OF 99 YEARS IN CONTRAST TO THE PFC.
SHORTER IN CONTRAST, THE PFC SHORTER 75 YEAR TERM ESSENTIALLY ASSUMES THE DEVELOPER IS A SHORT-TERM MERCHANT BUILDER LOOKING TO ARBITRAGE THE PFC STRUCTURE.
MANY DEVELOPERS ARE, BUT WE ARE NOT.
RATHER, WE ARE HIGH QUALITY LOCAL OWNERS COMMITTED TO LONG-TERM INVESTMENT IN THE COMMUNITY.
FOR US, THE INABILITY TO CONTROL THE ASSET AT THE END OF THE LEASE CREATES UNACCEPTABLE FINANCIAL UNCERTAINTY ABOUT THE VALUE OF THE PROPER PROPERTY AFTER ROUGHLY YEAR 25 OF THE LEASE TERM.
SECOND, UNDER THE CURRENT STRUCTURE, THE UNCERTAINTY AROUND CONTROLLING THE ASSET ULTIMATELY WILL INCENTIVIZE THE TENANT TO ENGAGE IN EXACTLY THE BEHAVIOR THE PFC AND THE CITY OF DALLAS WISHED TO DETER I E PERMITTING THE PROPERTY TO FALL INTO DISREPAIR, THEREBY BECOMING A LIABILITY RATHER THAN AN ASSET TO THE COMMUNITY.
PLACING TRUST IN A POTENTIAL FUTURE GOOD FAITH NEGOTIATION IS EASY FOR THE TYPICAL SHORTHOLD MERCHANT BUILDER TO ACCEPT.
SINCE THE RISK OF THIS DISCUSSION IS TRANSFERRED TO A BUYER AFTER CONSTRUCTION COMPLETION.
HOWEVER, BECAUSE WE INTEND TO HOLD A PROPERTY LONG TERM, THAT RISK IS INHERENT TO US.
WE BELIEVE THE SOLUTION IS AN ADDITION OF AN OPTION TO TERMINATE THE LEASE.
IT SOLVES BOTH PROBLEMS, MEETS THE POLICY OBJECTIVES OF THE PROGRAM, AND IS A RESPONSIBLE REVISION STRUCTURE THAT BALANCES THE CITY'S INTEREST.
MY COLLEAGUES AND I ARE ACUTELY AWARE THAT WITHOUT PROPER ALIGNMENT OF INTEREST, A PFC TRANSACTION CAN TEND AMOUNT TO A DEVELOPER GIVEAWAY.
PLEASE KNOW THAT WE'RE SENSITIVE TO THE REAL REALITY.
THE PFC BOARD HAS INVESTED CONSIDERABLE TIME POLITICAL CAPITAL.
IF, UH, MR. COLORADO'S BACK ONLINE.
I ALSO, I BELIEVE I SEE, UH, UH, MR. REYES ON THE LINE, DISTRICT SIX.
UH, CAN WE CON CONFIRM THAT HE IS HERE ON THE RECORD? VERY GOOD.
AND WE'LL MOVE BACK TO SPEAKER NUMBER FOUR, HEX, COLORADO.
AND CAN YOU HEAR ME? YES, SIR.
YOU HAVE, YOU HAVE 30 MINUTES.
PLEASE AGAIN, STATE YOUR NAME AND ADDRESS.
UH, MY ADDRESS IS 2124 NORTH GARRETT AVENUE.
UH, I LIVE IN THE CITY OF DALLAS.
I'M A RESIDENT HERE AND I WAS BORN HERE AND I'VE LIVED IN D F W ALL MY LIFE.
IN 20 18, 18, I LIVED IN AN APARTMENT JUST ONE MILE, UH, SOUTH FROM WHERE THE SITE IS IN DISTRICT 10.
I CURRENTLY LIVE SEVEN MILES SOUTH.
I ATTEND CHURCH A HALF MILE AWAY AT HAMILTON PARK, UM, C AND I'VE PATRONIZED THE FOOD MARKET AT THE NEARBY BUDDHIST TEMPLE ON SEVERAL OCCASIONS.
I BEGIN MY COMMENTS BY DESCRIBING MY RELATIONSHIP TO THIS AREA BECAUSE I UNDERSTAND THE NEED TO KNOW WHO IS AND IS NOT AFFECTED BY THIS PROJECT.
IN OTHER WORDS, WHO COUNTS AS BEING IN THE NEIGHBORHOOD? IS IT EXCLUSIVELY THOSE WHOSE PROPERTY VALUES WOULD BE NEGATIVELY IMPACTED? MULTIPLI PULSE STUDIES SHOW THAT THE NEW, THAT NEW AFFORDABLE HOUSING PROJECTS HAVE NO SIGNIFICANT IMPACT ON SURROUNDING PROPERTY VALUES.
WHAT ABOUT PEOPLE WHO MUST LIVE WITH CRIME? THE PROPOSED PROJECT MAY BRING STUDIES SHOW THAT NEW AFFORDABLE HOUSING PROJECTS LOWER CRIME RATES IN THE SURROUNDING AREA.
WHAT ABOUT PEOPLE WHO WOULD SEE THE PROJECT FROM WHERE THEY LIVE? I HAVE WALKED IN THIS AREA SEVERAL TIMES, AND THERE IS NO VANTAGE POINT FROM HOUSING WHERE THE PROJECT CAN BE SEEN.
I HAVE ON THIS, UH, AS PART OF MY CAMERA, UH, A PICTURE OF THE EMPTY LOT WHERE THE PROJECT IS SUPPOSED TO BE DIRECTLY BEHIND.
IT IS A WAREHOUSE FOR ELECTRIC VEHICLES.
AND AS WE ALL KNOW THIS, THIS LOT IS SURROUNDED BY SEVERAL COMMERCIAL PROPERTIES, AND IT'S NOT A GIANT AC DOOR BUTTING ANY RESIDENTIAL.
HERE'S THE VIEW FOR OF, UH, FROM THE NEAREST HOUSE IN THE HAMILTON PARK NEIGHBORHOOD.
AND I'M VERY FAMILIAR WITH THIS ROUTE BECAUSE I WALK IT EVERY TIME I GO TO CHURCH AT HAMILTON PARK.
I WALK FROM THE DART STATION NEARBY BECAUSE I DO NOT OWN A CAR.
HERE'S A VIEW FROM, UH, VANGUARD WAY, WHICH IS THE CLOSEST HOUSE IN PROXIMITY TO THE PROPERTY.
AND AS YOU CAN SEE, THERE IS NO VANTAGE POINT BECAUSE IT IS SEPARATED BY THE CREEK AND BY THE RAIL AND BY, UH, LANDSCAPING.
HERE'S THE VIEW FROM THE OPPOSITE SIDE, WHERE YOUR ONLY CHANCE TO SEE THE PROPERTY IS FROM,
[00:35:01]
UH, UH, IF YOU LIVED ON THE UPPER FLOOR OF A MULTI-FAMILY, UH, BUILDINGSO WHO IS TRULY AFFECTED BY THIS PROJECT'S? EVERYONE LIVING IN THIS? YES.
WE WILL NOW MOVE ON TO, UH, WE HAVE COMPLETED THE LIST FOR THE PEOPLE WHO HAVE PRE-REGISTERED ONLINE.
YOU'LL MOVE ON TO THOSE WHO SIGNED IN AT OUR SIGN, SIGN IN SHEET HERE AT CITY HALL.
THE FIRST SPEAKER ON THAT LIST IS, UH, DARYL.
MR. BAKER, PLEASE COME FORWARD AND STATE YOUR NAME AND ADDRESS.
I LIVE AT 63 0 6 ELDER ROAD DRIVE IN DALLAS.
I'M WITH A GROUP THAT SWORN THAT'S CALLED FAIR SHARE FOR ALL DALLAS.
I'M SPEAKING IN SUPPORT OF THIS, UH, OF THIS PROJECT ON THE MERITS OF HOUSING, ON THE MERITS OF EQUITY, ON THE MERITS OF AFFORDABILITY, THIS WILL BE AFFORDABLE TO THE LOW INCOME, THE BASICALLY THE 20 TO 50% IN ADDITION TO THE 60 AND 80%.
AND HALF OF THE UNITS ROUGHLY ARE GOING TO BE MARKET RATE.
SO THIS IS A TRUE MIXED INCOME, UH, PROJECT.
SINCE APARTMENTS, UH, HERE ARE BEING RESERVED FOR, UM, ALSO THE 70, 80% AREA MEETING INCOME, UH, IT WILL BE ATTRACTING PEOPLE LIKE MALE CARRIERS, NURSES, PRESCHOOL TEACHERS, CORRECTION OFFICERS, AND EVEN DALLAS CITY HALL EMPLOYEES.
ULTIMATELY, IN MY DISTRICT, DISTRICT THREE, WE HAVE 19 TAX CREDIT PROJECTS.
SO WE'VE HAD 19 OVER THE YEARS.
UH, WE DON'T HAVE ANY 9% PROJECTS LIKE THIS ONE.
WE DON'T HAVE HIGH SCORING PROJECTS LIKE THIS ONE.
UH, THIS IS AN, A HIGH OPPORTUNITY AREA.
IT'S IN AN AREA SURROUNDED BY AMENITIES, IS CLOSE TO TRANSPORTATION AND RETAIL.
THIS DEVELOPER IS BROUGHT ONE OF THE BEST PROJECTS, IN FACT BY UNDERSTANDING THE BEST HIGHEST SCORING PROJECT, UH, EVER TO THE CITY OF DALLAS.
AND I THINK THIS HAS TO BE TAKEN INTO CONSIDERATION.
AND IT'S ONE OF THE HIGHEST SCORING PROJECTS THAT THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, WHICH IS THE ULTIMATE FUNDER OF PROJECTS IN IN THE STATE.
WE RECOGNIZE THAT THE CONCERNS OF NEARBY RESIDENTS MUST BE CONSIDERED.
I THINK TO BE FAIR, WE HAVE TO CONSIDER WHAT IS NEARBY BECAUSE WHEN YOU LOOK AT THE LOCATION OF THIS PROJECT, TO GET TO IT FROM ANY OF THE RESIDENTIAL AREAS, YOU'D HAVE TO CROSS CENTRALLY EXPRESSWAY, CROSS GREENVILLE AVENUE OR CROSS FOREST, UH, FOREST LANE.
AND SO IN THE TRADITIONAL PLANNING SENSE OF THE WORD, THIS PROJECT IS NOT GOING TO HAVE THAT TYPE OF NEGATIVE IMPACT ON EXISTING SURROUNDING NEIGHBORHOODS.
UM, LET'S SEE WHAT ELSE IN THIS PARTICULAR CASE, UH, YOU WERE SAYING THAT, UM, WELL, LET'S SEE.
FAIR SHARE FOR ALL ABOUT SUPPORTING THIS PROJECT BECAUSE IT SUPPORTS THE COMPREHENSIVE HOUSING POLICIES GOAL OF PROVIDING AFFORDABLE HOUSING THROUGHOUT THE CITY, NOT JUST IN OUR SOUTHERN SECTOR.
AND TO HAVE A HIGH QUALITY PROJECT COME BEFORE YOU LIKE THIS, I THINK IS A REAL GOLDEN OPPORTUNITY FOR YOU.
THANK YOU, MR. SUPPORTING YOUR VOTING FAVOR OF IT.
UH, PERSON TWO, SUSAN SHERMAN.
PERSON THREE, GAR SHERMAN HAVE SPOKEN FOR.
IT'S BEEN SPOKEN WHEN ROTH HAS SPOKEN NUMBER SIX, UH, CARL WEISBROD.
UH, MY LIVE AT 56 21, UH, MEAD OAKCREST DRIVE IN DALLAS.
UM, I'M ONE OF THE OWNERS OF THE, UH, OFFICE BUILDING THAT'S DIRECTLY ADJACENT TO THIS PROPERTY.
UM, THE POINT I WANT TO MAKE IS ABOUT THIS TRANSACTION IS THAT, UM, WE'RE HERE BECAUSE THE DEVELOPER
[00:40:01]
FAILED TO DO HIS DUE DILIGENCE BEFORE CONTRACTING TO PURCHASE THIS PROPERTY FOR THIS PURPOSE.UM, THE, HE FAILED TO, THEY FAILED TO, UH, DO BASIC DUE DILIGENCE AND, AND BY WHICH THEY WOULD'VE DISCOVERED THAT THERE ARE DE RESTRICTIONS THAT PROHIBIT THIS TYPE OF, UH, DEVELOPMENT FROM BEING, UH, DONE ON THIS PROPERTY.
SO NOW, UM, THE DEVELOPER IS USED ATTEMPTING TO USE GOVERNMENTAL AUTHORITY, UH, TO IMPROPERLY, UH, PERMIT, UH, UH, HIM TO AVOID THE, THE DEED RESTRICTIONS.
UM, THE SAME, UH, I WANNA SAY WE'VE DONE, UH, A LOT OF, UH, LEGAL RESEARCH FROM, UH, UH, THE, UH, APPELLATE, UH, THE APPELLATE SECTION OF THE, OF A PROMINENT FIRM HERE IN DALLAS THAT, UH, THAT TELLS US THAT THE CITY AND THE PFC, UM, WILL NOT BE PROTECTED BY, UH, SOVEREIGN IMMUNITY BECAUSE THIS IS BEING USED, UH, TO, TO FAVOR A, UH, A PRIVATE, A PRIVATE ENTITY.
THIS, UH, AND I WOULD UH, I WOULD ASK THAT YOU, UH, DO FURTHER RESEARCH ON THIS BEFORE FURTHER LEGAL RESEARCH ON THIS.
I WOULD URGE YOU TO, BEFORE YOU PROCEED, TO RECOMMEND THIS TO THE CITY COUNCIL.
UM, THE SAME, UH, GAMBIT TO GET AROUND THE, UH, TO GET AROUND THE DEED RESTRICTIONS, UM, WAS TAKEN TO THE COUNTY FIRST, NOT LONG AGO, JUST A FEW WEEKS AGO.
THE COUNTY, THE COUNTY ATTORNEY, AGAIN, THE COUNTY COMMISSIONERS THAT WE SPOKE WITH, UH, AT FIRST WERE, UH, LOOKED FAVORABLY ON THIS AND WERE PREDISPOSED TO, UH, MAKE THIS, UH, UH, ACCOUNTING PROJECT DO THE SAME THING BY THE PROPERTY LEASE, IN FACT.
UH, BUT, UM, THEIR LEGAL, THEIR LEGAL, THEIR ATTORNEY, THEIR COUNTY ATTORNEY RECOMMENDED AGAINST IT, UM, FOR REASONS.
AM I PAST MY HEARING? YES, SIR.
SO JUST, JUST CHECK IT OUT IS ALL I'M ASKING.
UH, ARE WE ON BOND? HAS, HAS SPOKEN SIGN IN NUMBER EIGHT.
IF YOU COULD, UH, STATE YOUR NAME AND ADDRESS, PLEASE.
MY NAME'S MARK MELTON, 29 21 LEASH AIR DRIVE IN DALLAS.
I AM THE FOUNDER OF THE DALLAS EVICTION ADVOCACY CENTER, WHICH IS A NON-PROFIT LAW FIRM THAT REPRESENTS TENANTS FACING EVICTION ACROSS DALLAS COUNTY.
UH, SINCE THE PANDEMIC BEGAN, WE'VE REPRESENTED MORE THAN 12,000 FAMILIES IN DALLAS COUNTY FACING EVICTION.
AND THROUGH THAT WORK, WE UNFORTUNATELY HAVE TO SPEND A WHOLE LOT OF TIME TRYING TO REHOUSE PEOPLE THAT HAVE EITHER BEEN EVICTED OR ARE NEAR EVICTION.
AND SO WE ARE QUITE FAMILIAR, I HAVE A FRONT ROW SEAT TO THE AFFORDABLE HOUSING CRISIS IN DALLAS.
AND FOR THOSE THAT SAY IT DOESN'T EXIST, THAT IS 100% FALSE.
WE HAVE A HUGE AFFORDABLE HOUSING CRISIS IN DALLAS, ESPECIALLY IN THE LOWER VANS OF INCOME APARTMENTS THAT WERE 700 TO A THOUSAND DOLLARS A MONTH THREE YEARS AGO.
THEY JUST COST 1100 TO $1,500 A MONTH NOW.
SO WE'VE GOT AN ENTIRE SWAMP, PEOPLE THAT HAVE MUCH FEWER OPTIONS.
SO WE'VE GOTTA GET AS MANY AFFORDABLE HOUSING UNITS BUILT ON THE GROUND SHELVES IN THE DIRT AS QUICKLY AS POSSIBLE.
NOW, I'VE HEARD A LOT OF FEAR, UH, FROM CERTAIN PEOPLE, UM, ABOUT AFFORDABLE HOUSING PROJECTS.
I UNDERSTAND THE FEAR, BUT IT'S IRRATIONAL.
AND IT'S BASED ON A FALSE PREMISE THAT POOR PEOPLE BRING BAD THINGS.
FIRST OF ALL, UM, YOU HAVE A FEW PEOPLE IN THE HOMELESS ENCAMPMENTS WHEN THEY HAVE HOMES.
BUILDING HOMES DOES NOT PUT MORE PEOPLE UNDER A BRIDGE.
THIS PARTICULAR PROPERTY IS WALKING THIS INTO A DARK TRAIN.
IT'S NOWHERE NEAR, UH, OR AT LEAST NOT DIRECTLY ADJACENT TO ANY SINGLE FAMILY OR THEIR HOMES.
[00:45:01]
AND THESE BEERS ARE FRUSTRATED.YESTERDAY, ONE OF THE PRIOR SPEAKERS WAS QUOTED IN THE DALLAS MORNING NEWS IS SAYING THE FOLLOWING, WHICH I THINK IS THE TRUTH ABOUT WHAT PEOPLE ARE TRULY AFRAID OF.
HE SAID, WE HAVE PLENTY OF POOR PEOPLE LIVING HERE AMONG US.
I DON'T WANNA SHARE NORTH DALLAS.
CAUSE I LIKE IT JUST THE WAY IT IS.
AND I DON'T WANNA DESTROY IT BY BRINGING IN ALL THIS POPULATION HERE.
URBANIZING DALLAS, MAKE SURE I GET THIS BOOK RIGHT.
URBANIZING DALLAS WILL RUIN MY WAY OF LIFE.
I DON'T KNOW WHAT THAT MEANS, DALLAS, BUT IT DOESN'T SOUND GREAT.
UM, IF YOU THINK IT'S GONNA RUIN YOUR WAY OF LIFE.
SO I DO SUPPORT THIS PROJECT AS I SUPPORT MOST AFFORDABLE HOUSING PROJECTS IN THE CITY OF DALLAS, BECAUSE WE ABSOLUTELY DO NEED THEM.
UM, AND IF WE HAVE THE SPOT ON EVERY SINGLE ONE OF SIX, SOMETHING LIVES FINE, ALWAYS DOESN'T WANT TO, IT WORKS OUT JUST FINE.
UH, JENNY LOU COULD PLEASE, UH, STATE YOUR NAME AND, UH, ADDRESS PLEASE.
UM, MENT PROPERTY ADDRESSES 1 16 15, UH, FOREST CENTRAL, WHICH IS, UH, BASIC NEXT TO THE PROJECT.
AND, UH, THIS IS AN OFFICE BUILDING, UH, THREE FLOOR.
AND, UH, IN FACT, I'M NOT SURE THE PEOPLE HERE KNOW, UH, YOU KNOW, WHAT HAPPENED A FEW YEARS AGO.
THAT'S LIKE, UH, WHAT HAVE A BIG THUNDERSTORM BASICALLY LIKE DAMAGE THE, THE THE BUILDING NEXT TO US.
SO THAT'S A PROJECT RIGHT NOW, UH, IS, UM, APPLY FOR.
AND UH, BEFORE WAS LIKE, UH, I BELIEVE IT'S THE 60,000 BUILDING, UH, OFFICE BUILDING, UH, MR. ROSS BUILDING.
LIKE MINE BUILDING IS THE 50,000 OFFICE BUILDING THREE, UH, FLOORS.
I LOCATED THE BUILDING FOR FIRST, UH, FIRST LANE AND, UH, 75, RIGHT BETWEEN 75.
AND OUR BUILDING, IT IS, UH, RACING AND WENDYS.
SO THEN LINE UP, NEXT ONE OFFICE BUILDING IS THIS BUILDING USED TO BE A 60,000, 60,000 OFFICE BUILDING, UH, UP THE TRUTH OF THE DAMAGE.
AND, UH, BEFORE, SO, AND AFTER THAT IT IS THE MR. ROSS BUILDING.
MR. ROSS BUILDING IS THE 70 SOUTH.
YOU CAN SEE THE ENVIRONMENT USED TO BE THERE.
IT'S A LINE OF THREE, YOU KNOW, BIG BUILDINGS, OLD OFFICE BUILDINGS.
WE HAVE, UH, CORPORATE, UH, OFFICES OVER THERE.
WE HAVE A DIFFERENT, IN DIFFERENT INDUSTRY.
WE HAVE A HEALTH PROFESSIONALS BECAUSE WE SURROUND BACK EIGHT MORE THAN EIGHT FOURTH METERS WITH DIFFERENT, UH, SPATIAL CASE.
SO WE HAVE A HEART AND AINE RIGHT ACROSS THE STREET FROM US.
AND WE HAVE A, HAVE A, BOTH ME, I BELIEVE, UH, MR. ROSS AND THE BUILDING DAMAGED BY THE STORM.
WE, WE HAVE QUITE A FEW OF HEALTH PROFESSIONAL BUILD, UH, OFFICE OVER THERE THAT'S A CORPORATE.
AND WE HAVE, UH, LAWYERS FOR THOSE, UH, FOR THOSE, UH, KIND OF PRACTICE.
WE HAVE, UH, CPAS, WE HAVE, UM, YOU KNOW, WE HAVE QUITE A DIFFERENT, UH, OFFICES FOR DIFFERENT, DIFFERENT INDUSTRIES BECAUSE THE LOCATION, THE NATURE OF LOCATION IS RIGHT NEXT TO THE CENTRAL, I THINK FOR, FOR INVESTMENT.
UH, IN, FOR FROM INVESTMENT'S PURPOSE FROM, UH, CUSTOMER'S PURPOSE, WHICH IS A TENANT SPHERE, RIGHT FROM THE, I I BELIEVE THIS, UM, THE PROJECT IS APPLYING.
IT IS, UM, CITY SUBSTANCE PROPERTY FOR THE CITY'S PURPOSE, FOR THE PURPOSE OF AITE, EITHER LOW OR APARTMENT TENANT ITSELF.
PROJECT FOR ALL THE ASPECT IS UP NOTHING BUT ART.
THEY SAY, WHY, YOU KNOW, IF YOU KNOW THIS, THIS LAND ONLY BURIED LIKE TWO ACRES LATER.
AND WE GOT, WE'RE GOING THE HORSE LIKE OVER LIKE ONE METER WAS 200.
WHICH I CUT MORE TIME, YOU KNOW, I NOTICED BACK AND FORTH THAT POSSIBLE.
NO, WE CROSS SO MANY SPEAKERS.
I MEAN, SO MANY SPEAKERS DIDN'T.
OH, THANK, THANK YOU VERY MUCH.
IS THERE, I'VE REACHED THE END OF THE LIST ON THIS SHEET.
IS THERE ANYONE ELSE HERE IN PERSON? VERY GOOD.
[00:50:11]
IF YOU COULD PLEASE STATE YOUR NAME AND ADDRESS YOU.MIKE NELSON, 86 35 GRAYWOOD DRIVE.
I'M A VOLUNTEER FOR THE NORTHLAND ESTATES COMMUNITY ASSOCIATION DIRECTOR, THE BISHOP ORANGE HIGH SCHOOL DATE OF DALLAS.
UM, GREW UP IN SOUTH DALLAS AND OAK CLIFF BEFORE MIGRATING TO NORTH DALLAS IN 1979.
I'VE BEEN A RESIDENT OF NORTH WEATHER STATES FOR 24 AND A HALF YEARS.
THE NORTHWOOD STATE NEIGHBORHOOD ASSOCIATION OPPOSES THE CYPRESS CREEK PROJECT FOR A NUMBER OF REASONS.
FIRST ROUND IS THERE IS A DEEP RESTRICTION, AND THE DEEP RESTRICTION DEALS WITH THE FACT THAT THERE CANNOT BE APARTMENTS, LAWS, ROOMS, YES, EVEN DEEP RESTRICTIONS ARE PUT THERE FOR GOOD REASONS.
SOME MAY BE IMMEDIATELY OBVIOUS, OTHERS MAY NOT BE, BUT TO IGNORE A DEED RESTRICTION LOOKING THE OTHER WAY.
JUST BECAUSE A DEVELOPER CAN PAY A MILLION DOLLAR FEE IN EXCHANGE FOR TAX EXEMPTIONS SENDS A DANGEROUS SIGNAL AND SETS INTO MOTION OF SHAKY PRECEDENT MOVING FORWARD.
BY THE WAY, I'M SURE SOME OF THE FOLKS HERE ARE AWARE THAT THERE HAS BEEN A BILL PENDING OR AN ACTUAL BILL INTRODUCED IN THIS TEXAS HOUSE BY PAUL BIENKO THAT WOULD SEEK TO LIMIT, IF NOT IN EVERY WAY, ERADICATE, UM, UM, UH, EXEMPTIONS, UH, FOR, UH, INVESTORS.
WHAT ABOUT THE HUMAN SIDE OF THIS STORY? WHAT WILL THE REAL DAY-TO-DAY QUALITY OF LIFE LOOK LIKE FOR FAMILIES AND FAMILIES WITH CHILDREN LIVING LESS THAN 50 YARDS FROM THE FEEDER LANES OF THE MONSTER, WE CALL 75 CENTRAL EXPRESSWAY.
AND WE'RE BEING TOLD THIS IS THE LOCATION FOR THIS APARTMENT COMMUNITY.
ARE YOU KIDDING ME? WE ALL KNOW THE ANSWERS.
THE PROPOSED LOCATION FOR CYPRESS CREEK DEPARTMENT COMMUNITY IS AN AREA ALONG THE UNFORGIVING NORTHBOUND LANES OF 75 CENTRAL, JUST SOUTH OF FLORES LANE, AND BORDERS THE NORTHERNMOST AREA OF NORTH FOR THE STATES.
BUT CYPRESS CREEK IS JUST THE TIP OF AN ICEBERG.
OUR COMMUNITY IS BEING BARRAGED WITH PROGRAMS AND PROJECTS SOME DRIVEN BY CITY OR COUNTY MANDATES.
OTHERS LIKE CYPRESS CREEK ARE DRIVEN BY DEVELOPERS AND INVESTORS.
IT'S AS IF OUR COMMUNITY IS BEING SYSTEMATICALLY TARGETED OR SOMEHOW DEEMED TO NEED A FIX.
WE DON'T NEED FIXES FOR THE RELATIVELY SMALL AREA OF D 10 AND LAKE HIGHLANDS REPRESENTED BY NORTH FOR THE STATES.
WE FIND OUR COMMUNITY IS RECEIVING AN INORDINATE AMOUNT OF ATTENTION AND FOCUS AS COMPARED TO OTHER AREAS IN LAKE HIGHLANDS.
THANK YOU VERY MUCH MR. NELSON.
BUT I HAVE SOMETHING REALLY IMPORTANT TO SAY.
IT'S NOT THAT WE ARE OPPOSED TO, UH, HOUSING.
WE'RE NOT OPPOSED TO AFFORDABLE HOUSING.
WE TRULY BELIEVE THIS IS NOT THE RIGHT PROJECT TO MOVE FORWARD IN OUR COMMUNITY.
WE HAVE AN ANOTHER SPEAKER COMING FORWARD.
IF YOU COULD PLEASE STATE YOUR NAME AND ADDRESS.
MY NAME IS KIRK PRESLEY AND MY WIFE AND I LIVE AT, UH, 63 0 4 WEST UNIVERSITY DRIVE IN DISTRICT SIX.
UM, I'M SORRY, CAN YOU REPEAT YOUR ADDRESS? YEAH.
63 0 4 WEST UNIVERSITY BOULEVARD.
UM, THANK YOU BOARD MEMBERS FOR YOUR TIME THIS AFTERNOON.
MY HIGH SCHOOL CIVICS TEACHER TAUGHT ME THE POLITICS IS HOW WE DECIDE WHO GETS WHAT, WHERE, AND WHEN.
I'M ASKING THE TODAY TO SUPPORT THE NEW MIXED UP IN INCOME DEVELOPMENT FORCE AND CENTRAL.
THESE ARE THE CLERKS AT HOME DEPOT.
THE TEACHERS IN HAMILTON BAR ARE THE 10,000 WORKERS AT TI.
OUR CITY'S LARGEST PRIVATE EMPLOYER.
THESE PEOPLE NEED SOMEWHERE TO LIVE.
WE NEED TO EQUIP OUR WORKFORCE WITH THE RESOURCES IT NEEDS TO KEEP COMMERCE THRIVING IN THIS CITY.
HOUSING IS ABSOLUTELY ONE OF THOSE RESOURCES.
WHAT HOUSING? HOUSING THAT PROVIDES ACCESS TO JOBS, MEDICAL SERVICES, AND UPWARD MOBILITY AND WILL HELP ALLEVIATE THE POVERTY, THE PRESSURES OF POVERTY.
[00:55:01]
I OFTEN HEAR WELL-INTENTIONED NEIGHBORS RAISE CONCERNS THAT SHARE A COMMON LENGTH, CRIME OR HOMELESSNESS.THESE ARE SYMPTOMS OF POVERTY.
I WOULD CHALLENGE YOU ALL TO SEE THAT AFFORDABLE HOUSING IS A CURE TO HELPING ALLEVIATE POVERTY, NOT SOMETHING THAT WILL MAKE IT WORSE.
WHERE WHILE THE PLAN COMMISSION HAS ALREADY DECIDED THAT THIS SITE IS APPROPRIATE FOR HIGH DENSITY MIXED USE, I WOULD ASK YOU TO CONSIDER HOW PERFECT THIS LOCATION IS FOR NEW DENSITY.
SOMEONE IS GOING TO BUILD SOMETHING HERE.
IF THE CITY DOES NOT TAKE THE OPPORTUNITY TO DECIDE THAT THAT WILL BE NEW HOUSING.
IT IS A LOST OPPORTUNITY FOR ADDING HIGH QUALITY MIXED INCOME TO AN AREA THAT IS PROXIMATE TO JOBS IN TRANSIT.
AND FINALLY, WHEN NOW, I WOULD ASK RESPECTFULLY THAT YOU SUPPORT THE C CYPRESS CREEK DEVELOPMENT AND OTHERS LIKE IT IN THE FUTURE BECAUSE THE TIME IS NOW TO START GETTING HOUSING RIGHT IN THIS CITY.
THANK YOU VERY MUCH MR. PRESLEY.
SEE NO OTHER, UH, ACKNOWLEDGEMENTS OR HANDS HERE IN PERSON MISSION TO SPEAK.
I'D LIKE TO THANK EVERYONE WHO SIGNED UP AND WHO SPOKE EITHER, UH, ONLINE OR HERE IN PERSON, UH, HERE AT THE DALLAS FACILITIES FELLOW PUBLIC FACILITIES CORPORATION AND IN THE CITY OF DALLAS.
YOUR VOICE WILL BE HEARD AND WE APPRECIATE EVERYONE FOR TAKING THE TIME OUTTA YOUR DAY TO SPEAK REGARDLESS OF WHERE YOU LIVE OR WHAT YOUR VIEWS ARE.
NOW MOVE ON TO ITEM NUMBER FOUR, DISCUSSION AND APPROVAL OF THE MINUTES FOR THE JANUARY 24TH, 2023, CITY OF DALLAS PUBLIC FACILITIES CORPORATION MEETING.
IF THE BOARD HAS HAD A CHANCE TO REVIEW THE MINUTES FOR THE JANUARY 24TH, 2023 MEETING, WE HAVE A MOTION, PLEASE.
WE HAVE A CORRECTION FROM DIRECTOR STENSON.
PLEASE STATE YOUR CORRECTIONS.
FIRST, I'D LIKE TO, UH, ACKNOWLEDGE A NEWLY ASSIGNED STAFF MEMBER, MS. SCHROEDER, WHO TAKES UP MINUTES.
UH, NOW ON OUR LAST PAGE OF THE, UH, MINUTES NUMBER FOUR, UH, THESE JUST LITTLE HOUSEKEEPING ITEMS, UH, NEXT TO THE LAST, UH, SENTENCE IF NOTES THAT, UH, UH, PRESIDENT OL CALLED A, UH, VOTE TO DEFER.
ACTUALLY, THERE WAS, UH, VICE PRESIDENT, MR. MR. MONTGOMERY.
THEN FROM THERE, IT SHOWS THAT, UH, UNDER ADJOURNMENT, ONCE AGAIN, IT SHOULD BE VICE CHAIR MONTGOMERY.
I'M, I'M SORRY, YOU'RE REFERRING TO THE FEBRUARY MEETING MEETING MINUTES.
YEAH, I'M REFERRING TO THE JANUARY.
DO WE HAVE ANY, UH, ADDITIONS OR CORRECTIONS TO THE JANUARY MEETING MINUTES? AND MOTION DIRECTOR TALLIS.
WE HAVE THE SECOND, SECOND, SECOND, MR. RUSSELL, DIRECTOR RUSSELL.
ALL THOSE IN FAVOR, SECOND BY SAYING AYE.
NOW WE'LL MOVE ON TO ITEM NUMBER FIVE, DISCUSSION AND APPROVAL OF THE MINUTES FOR THE FEBRUARY 28TH, 2023.
CITY OF DALLAS PUBLIC FACILITIES CORPORATION DIRECTOR STENSON.
I GUESS I WILL READ THE, UH, THE AGENDA THEN.
OH, ONCE AGAIN, UH, I THINK MR. SCHROER, MR. SCHROEDER GOT MY FIRST TWO.
UH, BUT ONCE AGAIN, PRESIDENT PALM MCCA, UH, ON NUMBER FOUR, UH, NEEDS TO BE REPLACED WITH, UH, VICE PRESIDENT MONTGOMERY.
THEN UNDER ADJOURNMENT, ONCE AGAIN, PRESIDENT PALM MCCALL NEEDS TO BE REPLACED WITH, UH, VICE CHAIR OF MONTGOMERY, AS WE FORGOT TO INVITE PRESIDENT PALM MCCALL BACK IN AS WE ADJOURN.
AND THEN THE LAST SENTENCE STATES THAT WE ADJOURNED AT 1244.
NO, WE ADJOURNED AT, UH, FOUR O'CLOCK.
THAT WAS A, UH, THOSE WERE MY, UH, NOTICES OF HOUSEKEEPING ITEMS ON THE AGENDA.
AND TO ADD TO DIRECTOR STINSON'S
[01:00:01]
COMMENTS, I DON'T HAVE A COPY IN FRONT OF ME THAT I BELIEVE THERE'S SOME GARBLED SENTENCES RIGHT AT THE VERY END WHERE IT SAYS, VOTED TO MOVE, VOTED TO MOVE TO MOVE.SEVERAL TIMES, AT LEAST IN THE COPY THAT I RECEIVED, WE COULD JUST CLEAN UP THAT LANGUAGE.
I BELIEVE THAT WAS ALREADY CLEANED UP, AT LEAST IN THE COPY THAT I SEE.
UH, DO WE HAVE A, A MOTION TO PER THE MINUTES WITH, UH, DIRECTOR S STINSON'S CORRECTIONS MOTION? SO MOVED BY DIRECTOR RUSSELL, DO YOU HAVE A SECOND? SECOND, UH, VICE PRESIDENT MONTGOMERY.
ITEM NUMBER SIX, DISCUSSION ON APPROVAL OF RESOLUTION AUTHORIZING THE NEGOTIATIONS AND EXECUTION OF A MEMORANDUM OF UNDERSTANDING FOR SAAS CREEK AT FOREST LANE.
AND PARTNERSHIP WITH SYCAMORE STRATEGIES TO BE LOCATED AT 11 5 20 NORTH CENTRAL EXPRESSWAY, DALLAS.
AND AS IN THE, THE LAST MEETING, I HAVE A CONFLICT OF INTEREST IN THIS ITEM, SO I'LL HAVE TO STEP AWAY AND WE'LL TURN THE, UH, UH, CHAIR THE MEETING OVER TO VICE PRESIDENT MONTGOMERY.
PLEASE CALL ME BACK IN AT
YOU DON'T SEE TENNESSEE IN TEXAS, ONLY ME ONCE.
SO, UH, THAT'S FROM GEORGE W. BUSH QUOTE.
I'LL DEFINITELY BRING YOU BACK IN PRESENT PALM MCCA.
THANK YOU, UH, FOR YOUR PATIENCE.
WE ARE NOW DISCUSSING, UH, ITEM NUMBER SIX.
AND AS A REMINDER, WE WILL TAKE A MOTION, THEN WE'LL HAVE DISCUSSION ON THAT MOTION, UM, INCLUDING ANY AMENDMENTS.
UM, AND THEN AT, UH, AT THAT POINT, WE'LL TAKE A VOTE.
SO WITH THAT IN MIND, UM, IS THERE A MOTION ON THE FLOOR TO, UH, FOR, UM, A RESOLUTION AUTHORIZING THE NEGOTIATION AND EXECUTION OF AN M MOU MEMORANDUM OF UNDERSTANDING FOR CYPRESS CREEK FORCE LANE IN PARTNERSHIP WITH SYCAMORE STRATEGIES TO BE LOCATED AT 1520 NORTH CENTRAL EXPRESSWAY, DALLAS, TEXAS, BEFORE A MOTION IS MADE? IF I MAY, I'D LIKE TO ADDRESS THE BOARD.
UM, I, I, I JUST WANNA REMIND, UH, MY FELLOW DIRECTOR WHY WE'RE HERE, UM, AND WHAT THE PURPOSE OF THE PFC IS.
AND I'M READING DIRECTLY FROM, UH, BYLAWS.
SINCE THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSES OF ASSISTING THE CITY IN FINANCING, REFINANCING, OR PROVIDING PUBLIC FACILITIES, IS DEFINED IN THE ACT AND IS APPROVED BY THE GOVERNING BODY, GOVERNING BODY, BEING THE CITY COUNCIL, PURSUANT TO THE PROVISIONS OF THESE LAWS AND THE ARTICLES OF INCORPORATION, UM, WE'VE HEARD A LOT OF DISCUSSION TODAY.
UH, GOOD DISCUSSION, UH, ABOUT A NUMBER OF ISSUES THAT REALLY ARE NOT THE PROVINCE OF THIS BOARD TO ADJUDICATE.
UH, THE ISSUE OF THE, UH, DEED RESTRICTION IS A VIABLE ISSUE AND ONE THAT NEEDS TO BE RESOLVED.
BUT IT'S NOT OUR PLACE TO RESOLVE IT.
IT'S NOT OUR PLACE TO GET INVOLVED IN ZONING.
IT'S NOT OUR PLACE TO GET INVOLVED IN, IN ISSUES RELATING TO BUILDING.
IT IS OUR PLACE, AND IT IS OUR FIDUCIARY RESPONSIBILITY AS DIRECTORS TO THE PFC TO ACT ACCORDING TO HIS CHARTER, WHICH IS TO APPROVE OR DISAPPROVE PROJECTS THAT WOULD ENHANCE, UH, HOUSING FOR, FOR THE CITY OF DALLAS.
I THINK THAT'S IMPORTANT BECAUSE THERE'S A LOT OF STUFF GOING ON AROUND HERE, BUT IT IS NOT WITHIN OUR RESPONSIBILITY, NOR OUR PURVIEW, NOR OUR AUTHORITY TO RE TO RESOLVE THOSE ISSUES.
THOSE ARE LEFT TO EITHER OTHER DEPARTMENTS OF THE CITY OR AS IT RELATES TO DE RESTRICTIONS, UH, WHICH I HAVE A LOT OF FAMILIARITY WITH.
THAT'S UP TO EITHER THE PARTIES TO NEGOTIATE OUT OR THEY CAN LI LITIGATE IT, BUT THAT'S NOT, NOT WITHIN OUR, OUR FOCUS.
TALLIS, UH, I WOULD JUST OFFER, IT'S GONNA BE A SUBJECT OF, OF MY DISCUSSION AND MIGHT BE A MATTER TO MOVE INTO EXECUTIVE SESSION WITH.
I DO RESPECTFULLY DISAGREE THAT THE NEED RESTRICTIONS AND THE POTENTIAL LITIGATION THAT MAY COME FROM THEM MAY SUBJECT THIS CORPORATION TO LITIGATION RISK.
AND AS FIDUCIARIES AND AS BOARD MEMBERS
[01:05:01]
OF THIS CORPORATION, WE DO HAVE A DUTY TO ASSESS THAT RISK, UH, DETERMINE IF THERE IS WAYS TO MITIGATE IT OR OTHERWISE PROTECT CORPORATION IN DELIVERING ITS DO IN DELIVERING ITS DUTIES.BUT AT THE SAME TIME, WE NEED TO BE FIDUCIARIES, UH, AROUND THIS CORPORATION.
UH, AS, UH, WE ARE NOT NECESSARILY, WHILE WE ARE QUASI-GOVERNMENTAL, UH, THERE COULD BE SITUATIONS WHERE OUR INTERESTS CONFLICT.
AND I JUST WANT US TO BE AWARE OF THAT AS A BOARD OF DIRECTORS THAT, UH, WE ARE NOT NECESSARILY REPRESENTED BY THE CITY ATTORNEY'S OFFICE.
WE'RE NOT NECESSARILY REPRESENTED BY THE DEVELOPER'S, ATTORNEYS.
WE HAVE OUR OWN COUNSEL THAT WE PROBABLY SHOULD SEEK LEGAL ADVICE, UH, FROM WITH REGARDS TO THIS, UH, THIS PROJECT, THESE DEED RESTRICTIONS TO ASSESS, UH, WHAT IS, UH, WHAT IS POTENTIAL, UH, LEGAL LIABILITY FROM THE, UH, LITIGATION THAT HAS BEEN AT LEAST ASSERTED FROM SEVERAL OF THE STAKEHOLDERS THAT HAVE BEEN HERE WITH US TODAY.
UH, I WANNA SUPPORT WHAT, UH, DIRECTOR HOLMES JUST SAID, AND WITH ALL OF DUE RESPECT, DISAGREE STRONGLY WITH WHAT, UH, MY COLLEAGUE DIRECTOR LYSIS JUST SAID.
BY THE TIME THIS PROJECT GETS TO US, THERE IS A PRESUMPTION MADE THAT ALL OF THE ANALYSIS RELATED TO ZONING DE RESTRICTIONS OR OTHER MATTERS HAVE ALREADY BEEN DONE.
AND WHEN THIS GETS TO THE CITY COUNCIL AGENDA AFTER THE FACT, THEY ASSUME THAT WE HAVE ALREADY LOOKED AT EVERYTHING.
AND ONCE WE LOOK AT IT, THERE'S NOT GONNA BE A BUNCH OF CITY STAFF OR CITY DEPARTMENTS THAT GO BACK AND REANALYZE OR DECEPT THE ISSUE.
SO OUR VOTE IS VERY SIGNIFICANT IN TERMS OF WHAT IS RECOMMENDED TO THE CITY COUNCIL.
SO IF, UM, AND I, I KNOW THERE WERE, UH, A FEW DIRECTORS THAT HAD ASKED QUESTIONS OF, UM, BOTH OUR COUNCIL AND THE CITY ATTORNEY'S OFFICE.
IF EVERYONE IS, UH, AMENABLE TO IT, WHAT WE CAN DO IS HAVE THAT LEGAL DISCUSSION.
I THINK THERE ARE TWO ASPECTS TO IT.
UM, THERE'S THE, THE DEED RESTRICTION PIECE OF IT, UM, BUT THEN ALSO GOING FORWARD, UM, REPRESENTATION, UM, AROUND THE, THE PFC AND HOW THAT WOULD WORK.
SO, UM, IF EVERYBODY'S AMENABLE TO IT, WE'VE GOT KYLE IS, UH, IS JIM ON, AND, AND, UH, JIM IS, IS HERE ACCORDING TO THE PARTICIPANT LIST.
SO JIM, YOU'RE, YOU'RE READY, WILLIAM, AND ABLE TO TALK ABOUT AND ADVISE THE PFC ON OUR ASPECTS OF THIS.
SO, UM, AND WHAT I'D LIKE TO DO IS, UM, LET, LET'S DO LIKE A, A NORMAL, UM, DISCUSSION AND Q AND A AND WE'LL JUST LINE EVERYBODY UP TO ASK QUESTIONS OF, OF JIM, UM, AT BRACEWELL.
AND THEN, UM, ALSO KYLE, THE CITY ATTORNEY'S OFFICE.
ARE THEY ONLINE OR THEY'RE HERE? OH, NO, THERE, YOU'RE, WE'RE SORRY.
I DIDN'T, I DIDN'T SEE YOU OVER THERE.
JUST TO CLARIFY, WE'RE PRESENT, BUT WE'RE HERE FOR PARLIAMENTARIAN PURPOSES ONLY.
NOT TO ANSWER LEGAL QUESTIONS.
SO, UM, DIRECTOR, POSSIBLE FIRST.
WELL, I JUST WANTED TO ASK THE CITY ATTORNEY'S OFFICE WHY YOU'RE NOT HERE TO PROVIDE ANY LEGAL ADVICE.
IF NOBODY HAS QUESTIONS FOR JIM.
UM, I'M NOT SURE, DO WE JUST, JUST WANT YEAH, INFORMAL, INFORMAL RECORD.
HOLMES WILL, UH, WE'LL START US OFF.